Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

AmpliTech Records a New Benchmark at Satellite 2023 Show in Washington, D.C.

Amplitech Group, Inc.

McapMediaWire - AmpliTech Group, Inc. (NASDAQ: AMPG ), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks, as well as a worldwide distributor of packages and lids for integrated circuit assembly, is excited to announce an unprecedented achievement at the Satellite 2023 show held in Washington, D.C. The company recorded more than 100 meetings with executives in the satellite communications (Satcom) space – a new record for the prestigious event. Among the attendees were multiple Fortune 100 companies, top-tier research institutions, and exciting startups driving the next generation of connectivity. The Satellite 2023 show, one of the most significant gatherings in the satellite and space industry, served as the ideal platform for AmpliTech to showcase its cutting-edge technology and capabilities, including its industry-leading amplifiers with the best gain-to-noise ratio on the market and its new MMIC amplifier line. The record-breaking number of meetings held with industry leaders and decision-makers reflects AmpliTech's commitment to providing innovative solutions for the rapidly evolving Satcom market. During the show, AmpliTech's team engaged in meaningful discussions with executives from various sectors of the Satcom industry. They expressed keen interest in AmpliTech's high-performance LNAs, which can be implemented in a wide range of applications, including satellite teleports, antennas, satellite modems, phased array antennas, and satellites themselves. AmpliTech's LNAs are renowned for their industry-leading performance, reliability, and efficiency. The company's proprietary technology enables satellite communication systems to achieve optimal signal reception and transmission, ultimately leading to enhanced communication capabilities and reduced overall costs for satellite operators. Some customers were so impressed with AmpliTech's product line that they had already entered the specifications and RFQ (Request for Quotation) phase. This demonstrates the high level of confidence in AmpliTech's LNA solutions and their potential for revolutionizing the Satcom industry. "We are thrilled with the success we experienced at the Satellite 2023 show," said Fawad Maqbool, CEO of AmpliTech. "Incorporating high-quality amplifiers in our satellites is crucial for optimal signal transmission and reception. The pitfalls of using sub-par amplifiers can lead to signal degradation, increased interference, and ultimately, higher operational costs for satellite operators. By utilizing our industry-leading amplifiers, we provide our clients with enhanced communication capabilities and a more cost-effective solution. Our record-breaking number of meetings with representatives from Fortune 100 companies, top research institutions, and innovative startups is a testament to the growing interest in more performant LNA solutions to avoid the mentioned pitfalls, and the risk of obsolescence in ground stations and satellites. We are eager to continue collaborating with industry leaders and contributing to the development of the next generation of satellite communication systems." As a pioneer in the RF space, AmpliTech remains dedicated to driving innovation in the Satcom sector. The company is well-positioned to support the rapid advancements in satellite technology and expand its global presence through strategic partnerships and collaborations with industry frontrunners. About AmpliTech Group AmpliTech Group, Inc. designs, develops, manufactures and distributes state-of-the-art radio frequency (RF) microwave components for global satellite communications, telecom (5G & IoT), space, defense, and quantum computing markets as well as systems and component design consulting services. In December 2021, AmpliTech completed the purchase of the assets and operations of Spectrum Semiconductor Materials Inc. a global specialty distributor of semiconductor components based in San Jose, CA. AmpliTech has a 13+ year track record of developing high performance, custom solutions to meet the unique needs of some of the largest companies in the global industries we serve. We are proud of the unique skills, experience and dedication of our focused team which enables us to deliver superior solutions, faster time to market, competitive pricing and excellent customer satisfaction and repeat business. Safe Harbor Statement This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its oﬃcers with respect to, among other things: the lingering impact of the COVID-19 pandemic on the Company’s supply chain, revenues and overall results of operations, the Company's ability to execute its business plan as anticipated; trends affecting the Company's ﬁnancial condition or results of operations; and the Company's growth strategy and operating strategy. The words "may" "would" "will" "expect" "estimate" "anticipate" "believe" "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. Other risks are identiﬁed and described in more detail in the “Risk Factors” section of the Company’s ﬁlings with the SEC, all of which are available on our website. We undertake no obligation to update, and we do not have a policy of updating or revising, these forward-looking statements, except as required by applicable law. Corporate Social Media Twitter: @AmpliTechAMPG Instagram: @AmpliTechAMPG Facebook: AmpliTechInc Investor Social Media Twitter: @AMPG_IR StockTwits: @AMPG_IR Company Contact: Shan Sawant, Director of Communications AmpliTech Group, Inc. Investors@amplitechgroup.com Investor Relations Contact: Kirin Smith, President PCG Advisory, Inc. ksmith@pcgadvisory.com www.pcgadvisory.com Contact Details AmpliTech Group, Inc. Investors@amplitechgroup.com

March 30, 2023 09:00 AM Eastern Daylight Time

FiscalNote Holdings Inc’s (NYSE: NOTE) Artificial Intelligence Solutions: A Pathway To Success In An Algorithmic World?

Benzinga

By Jad Malaeb, Benzinga The prevalent perception of algorithms is that they’re almost mystical orchestrators that govern the way social media platforms function. For younger generations, the word “algorithm” is tied to TikTok and Instagram feeds, overly-specific advertisements and the results of a Google search. This pervasive and intuitive significance of an algorithm represents the technology’s omnipresence. Even those who have no idea what it is know that it’s somehow “there,” lurking in the background. Sitting at a crossroads between mathematics and computer science, algorithms play a pivotal role in almost all data-centric systems with human input. Algorithms control when numerous stocks are bought and sold, interpret what news is fed to the public upon release, direct the flow of emails from one destination to another, suggest the shortest route to get to a certain destination and perform a million other functions that have become part of everyday life. Using Algorithms To Develop Statistical Edges Over Competitors As a part of data-driven learning, algorithms have been praised for their ability to help humans make better decisions. However, because they’re often mathematically complex and demand knowledge of computer science, algorithms are difficult to build independently. Those seeking to leverage algorithms’ competitive advantage may find some value in some that are already available. Specifically, examples like FiscalNote Holdings Inc’s (NYSE: NOTE) Anvil artificial intelligence platform may be a good destination for those hunting for algorithms that may provide them with a competitive advantage in the financial markets and business in general. Anvil: FiscalNote’s Next-Generation AI Platform Anvil is FiscalNote's next-generation AI platform that ingests and structures millions of content-based documents monthly from around the globe, including news, regulatory filings, earnings calls, and social content. Anvil uses proprietary natural language understanding (NLU) techniques to extract entities, events, relationships, measurements, dates, and more. Anvil provides access to billions of calculated measurements and millions of public and private companies, executives, insiders, and influencers. Its suite of AI-based scoring algorithms continually updates sentiment, saliency, impact scores, classifications and other measures to enrich the data. The platform also includes a collection of curated AI use cases that provide critical intelligence to analysts, quants and investors. Anvil's use cases include Intelligent ESG for tracking and monitoring ESG events, Intelligent Earnings Call Transcripts with AI-generated transcripts augmented with statistical, sentiment, evasiveness, and emotive scores, Intelligent Sentiment for entity-level sentiment and associated signals, SEC Filings with rich topic modeling and critical information extraction and News Pulse for immediate detection of deviations in news coverage. According to FiscalNote, clients like banks, hedge funds, multinational corporations and government agencies have used Anvil to develop a competitive advantage over others in their prevailing fields. Designed for easy access and integration with analytical or modeling environments, Anvil provides powerful insights that enable organizations to generate alpha, manage risk and improve operations. Unravel the mysticism around algorithms and start harnessing their power for your benefit. Click here to learn more FiscalNote AI. This article was originally published on Benzinga here. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

March 30, 2023 09:00 AM Eastern Daylight Time

Digital securities and the secondary market are in the center of next KoreChain Webinar

KoreconX

KoreChain, a leading blockchain platform for digital securities, is hosting a webinar on the topic of "Digital Securities and the Secondary Market" on March 30, 2023, at 2 PM ET. The webinar will focus on the latest developments in tokenization, NFTs, and private markets, and feature experts from the industry. The webinar will be hosted by Dr. Kiran Garimella, Chief Scientist & CTO of KoreChain, and Laura Pamatian, CEO of HeightZero Real Estate, a company specializing in AI & Blockchain for Real Estate & Development. They will be joined by Sara Hanks, CEO and Founder of CrowdCheck, a leading regulatory compliance and due diligence firm for online capital formation, and Ben DiScipio, Chief Strategy Officer of Texture Capital, a US-based FINRA broker-dealer focused on the tokenization of securities. During the webinar, the hosts and the guest will debate the differences between an NFT and a security token. They will discuss what Security Token Offerings, Tokenization, and Digital Securities Offerings are, and how they work. The speakers will share their insights and experiences on the challenges and opportunities of digital securities and the secondary market, and provide practical advice for investors, issuers, and regulators. "We are excited to host this webinar on a timely and important topic," said Dr. Kiran Garimella. "Digital securities and the secondary market are transforming the way we invest and trade, and we need to ensure that we do it in a responsible and compliant manner. This webinar will provide a platform for industry leaders to share their perspectives and best practices." The webinar is free and open to the public. To register, visit the event page. The KoreChain Series provides valuable insights into how blockchain technology can transform private capital markets. Entrepreneurs and investors alike are encouraged to attend the webinars to learn how they can leverage this technology to enhance their businesses. Founded in 2016, KoreChain operates the first blockchain to be SEC-Qualified for companies raising capital. This global blockchain, AI-Based platform manages the full lifecycle of tokenized securities to ensure compliance with securities regulation and corporate law in multiple jurisdictions globally. It also connects companies to the capital markets and secondary markets to facilitate access to capital and liquidity for private investors. Contact Details Rafael Goncalves +1 888-885-0881 rafael@korechain.io Company Website https://www.korechain.io

March 30, 2023 08:46 AM Eastern Daylight Time

Investis Digital Releases Guide on Cybersecurity, Privacy and Accessibility

Investis Digital

Investis Digital, a leading tech-enabled digital communications company, announced today the publication of Navigating the Landscape of Cybersecurity, Privacy and Accessibility, a guide that helps senior executives across all areas of enterprise businesses understand the key issues affecting cybersecurity, compliance, governance and more in 2023. Albert Jesupaul, director of cybersecurity for Investis Digital, said, “Corporate governance can make or break the reputation of a business, and cybersecurity, consumer privacy, and accessibility are increasingly defining the governance agenda. Our guide gives senior executives across marketing, investor relations and communications an understanding of the key issues they need to know in order to protect their brands and build trust with their audiences.” Navigating the Landscape of Cybersecurity, Privacy and Accessibility helps executives get grounded on critical topics such as: The state of ransomware threats. How to strike a balance between consumer privacy and personalization. Why accessibility is increasingly a threat to a company’s reputation amid confusing legal standards. The insights are based on Investis Digital's own experience managing the digital estates of more than 1,600 global clients, with a hyper focus on cybersecurity, compliance, governance and accessibility needs through Investis Digital's Connect.ID technology and 24/7 global support and service. “The rise of cybercrime alone is one of the great reputational threats of our time,” Jesupaul said. “Tools such as ChatGPT are giving bad actors more weapons to commit cyberattacks like phishing emails. But businesses need to fight the threat with limited resources while they protect consumer privacy and make their digital content accessible. Our guide shares actionable tips on these crucial elements of corporate governance.” To read the full report, click here. Investis Digital is a tech-enabled digital communications company. Through a proprietary approach we call Connected Content™, we unite compelling communications, intelligent digital experiences, and performance marketing to help companies build deeper connections with audiences and drive business performance. A unique blend of expertise, technology and “always on” service allow clients to trust that their digital footprint and brand reputation is secure and protected 24/7 by our dedicated team of 550 digital experts across 8 global offices. To learn more, visit www.InvestisDigital.com Contact Details Kristen Kalupski +1 312-933-6714 Kristen.kalupski@investisdigital.com Company Website https://www.investisdigital.com

March 30, 2023 06:55 AM Eastern Daylight Time

ARway.ai announces company has unveiled 3D digital twin floor plan generation

ARway

ARway.ai Corporation CEO Evan Gappelberg joined Steve Darling from Proactive with news the company has added another feature to its platform offering AI-powered floor plan alignment, positioning and re-localization, and expanded map analytics capabilities. Gappelberg tells Proactive this upgrade eliminates the complexity and reliance on expensive hardware and scanners by ingesting 2D floor plans and architectural drawings and converting these artifacts into 3D. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

March 29, 2023 11:30 AM Eastern Daylight Time

Video

Aspen Tech Labs Launches Wage Benchmarking Tool to Enhance Business Intelligence and Salary Research Efforts

Aspen Technology Labs

Aspen Tech Labs, a global leader in recruitment technology solutions, announced that it has launched the Wage Benchmarking Tool as a part of its existing Job Market Pulse product. This new tool enables employers and researchers to compare real-time salary data pulled from the nine-million-plus real-time active job listings – as well as the historical database – that Aspen Tech Labs maintains. Some of these jobs can be found on Aspen Tech Labs’ job board - Job Market Today. Despite recent waves of salary transparency legislation, most employers, compliance bodies, and independent researchers lack the data they need to accurately report on salary. This unclear wage reporting contributes to issues of pay inequality and understaffing – hurting businesses’ ability to attract and retain workers as well as workers’ ability to find high-quality jobs that fit along their career path. “The business intelligence landscape is saturated, certainly,” says Aspen Tech Labs’ founder and CEO Michael Woodrow. “But what we realized is that most options are opaque. They don’t give customers access to the actual data. They just offer access to selected findings every month or so. And that’s not good enough. That’s why we used our best-in-class data scraping technology and applied it to a growing demand: salary transparency research.” With the Wage Benchmarking Tool, customers can analyze the specific amounts employers in their area are paying for current openings. Rather than tracking this information down manually on careers pages or searching the average wages for positions in a certain region, users can instantly see live salary data from thousands of employers worldwide. That’s because the Wage Benchmarking Tool offers: Real-Time Verifiable Data. The Wage Benchmarking Tool lets users click on the direct application link for the position they’re viewing. This means customers can read more about a specific employer or opportunity as well as verify the validity of the salary data they view. And because Aspen Tech Labs only pulls salary data that’s present in job posts, users know the data they see is the same data that employers share. Complex Filtering. Customers can filter and compare wages by region, position, and employer. Plus, the Wage Benchmarking Tool offers an interactive dashboard with built-in data visualizations to optimize at-a-glance viewing of the composite data. Trending Data. Because Aspen Tech Labs also retains historical jobs data, customers can track job market trends – local and global – over days, weeks, months, and years. This tracking is streamlined with custom alerts that notify users when changes occur in the market (e.g., an increase in the average wage for a certain position). Custom Analysis. If customers need data from a region Aspen Tech Labs hasn’t fully explored in the database, they’ll add it. This customizability also extends to the specific data sets customers want to track. And in a short time, clients will be able to track other elements of a compensation package, from insurance plans to PTO policies. “Finding the perfect job – or finding the perfect job candidate – is rarely easy. But it shouldn't be this hard,” says Woodrow. “We’re not doing anything radical here. Employers, job seekers, and researchers all need real-time wage data to do their jobs more effectively. By providing this data, we hope to create an employment market that’s easier for everyone to navigate.” About Aspen Tech Labs Aspen Tech Labs is a global leader in web data management services and recruitment technology headquartered in Colorado, with footprints across the US and Europe. Since its founding in 2008, Aspen Tech Labs has grown its product line beyond custom job board software and extended it to web data scraping and extended it to, most recently, a business intelligence platform. Today, Aspen Tech Labs helps hundreds of companies – from job boards to recruitment advertising agencies to large corporations to ATSes – collect and manage jobs data. This management leads to millions of job seekers every year finding the right jobs at the right time in the right place. Contact Details Aspen Tech Labs, Inc. Lana Shumyn lana.s@aspentechlabs.com Company Website https://www.webspidermount.com/jobmarketpulse/

March 29, 2023 11:15 AM Eastern Daylight Time

Video

Minuteman Press Franchise in Macon, GA Moves to New Location & Has Grand Opening

Minuteman Press International Inc

Richie Moore and his family have owned the Minuteman Press franchise in Macon, Georgia since June of 2017. As they approach six years in business, Richie, along with his father and his wife Elle, have moved to a brand new facility at 4341 Interstate DR, Suite B, Macon GA 31210. To celebrate the move, Minuteman Press in Macon held a grand opening on February 21, 2023, that was sponsored by the Greater Macon-Bibb Chamber of Commerce, the Perry Area Chamber of Commerce, and the Robins Regional Chamber of Commerce. Richie shares, “We have needed more space for the last 3 years. We wanted to get the equipment needed to do the things our customers have been asking us to do and now we have the space and a lot of the equipment needed! We want to show Middle Georgia that the big jobs don’t need to be sent out of our local area, and that Minuteman Press in Macon can produce and deliver for them.” Richie further explains the benefits of the new facility: “We now have a lobby that we can show off our larger jobs and spark ideas in our customers. If that doesn’t do it we want to set up tours of our facility to show the machines’ capabilities for prints. We have just upgraded our main production systems on all of our paper products so that we can print even faster and deliver higher quality. We are able to get longer lasting, higher quality signage done at a fraction of the time it would take a typical sign shop to print.” When it comes to marketing the business, Richie has followed the Minuteman Press system and reached out to his local business community through networking groups. He also focuses on education potential and established customers on the product capabilities that Minuteman Press in Macon has to offer. Richie shares: “We have participated in a lot of networking groups in the last 6 years and that has been some of the main drivers behind our growth. We’ve worked hard on getting out into the community and talking about our vision at Minuteman Press Macon to our customers. Our message is simple: We are showing Middle Georgia that having a quick turnaround doesn’t have to sacrifice quality. We educate them on the fact that having quality doesn’t have to come with the highest price tag. And above all, we make it a point to let our clients know that growing larger doesn’t sacrifice the customer care that our customers receive on a daily basis. “There is a big market for the medium-size niche jobs that sadly is getting left by the wayside. We have customers that want 500 boxes or direct printed bags. They are a small-to-medium sized companies and they don’t necessarily need 5,000 bags that are all the same. They want 500 of 10 different bags so they can sell more products. We want to offer an option to those people who need help with all of their printing needs and don’t want to go to 5 different places to get them all done.” -Richie Moore, co-owner, Minuteman Press, Macon, GA Franchise Support from Minuteman Press International Before franchising, Richie shares, “My wife Elle and I come from the insurance world and before that I worked with computers everywhere. My dad called me up one day and asked if I’d be interested in a printing franchise. One of our computer customers was Minuteman Press Macon and the owner called us and asked if we would be interested in buying the computers back from him. We offered to let us try running the business for a few months and see if it was for us.” He continues, “We did it and we loved helping out the customers. We loved that every day was something new to do. You definitely have to stay on your toes in a print shop! So, my wife and I cashed in our insurance bonuses and bought into a new business with my dad. From there, we have grown it dramatically and want to continue to grow with our customers.” Richie shares his thoughts on the support he and his family have received since joining the Minuteman Press franchise family. He says, “The Minuteman Press franchise has been around a long time and will be around a lot longer. If you have seen it printed, they have had experience with it. Our corporate office has been a great support to us when we had questions on how to help our customers. They have always been supportive in helping us reach our goals. This move to our new building has been the top goal for us for at least 3 years now, and we couldn’t have done it without the help and guidance of our local RVP Dave Walton and the local support team.” Richie adds, “We took over in 2017 but this Minuteman Press franchise has been in Macon for 35 years! We have a lot of experience and knowledge about the products that our clients want and possibly some that you don’t even know about that can help!” When asked about his final thoughts on the move and being business owner, Richie says, “I like to remind all of our clients that WE ARE LOCAL and that we can help. We would love to show prospects what we can do and invite them to tour our facility!” Richie concludes, “For business owners, I would say you need to s urround yourself with smart people that have done it all and are successful. This way, you will end up driving yourself to reach their level. That’s yet another reason franchising and Minuteman Press was right for us.” Minuteman Press in Macon is located at 4341 Interstate DR, Suite B, Macon GA 31210. For more information, call 478-474-6263 or visit their website: https://minuteman.com/us/locations/ga/macon/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

March 29, 2023 10:00 AM Eastern Daylight Time

Image

Liteboxer Announces Transformative Rebrand to Litesport

Litesport

Litesport, formerly known as Liteboxer, the leading trainer-led VR fitness company, announces its rebrand to reflect the brand’s evolution and continued expansion into workout modes beyond boxing. The new visual identity and name demonstrates the company's growth and marks a significant milestone, as the brand releases a monumental update to their popular VR-fitness app, including Strength Training. With the addition of the strength modality, Litesport creates an accessible, inviting and convenient environment for any and all fitness enthusiasts by bringing real trainers to your home. Litesport continues to disrupt the VR fitness industry with their new Strength Training mode which uses cutting-edge VR features, such as passthrough, hand-tracking, and mixed-reality to enable trainers to appear in the user's own space and provide effective dumbbell-based workouts. This addition to the app provides a first-of-its-kind experience with tried-and-true exercises, ensuring correct form while lifting weights as well as showcases Litesport's commitment to helping at-home fitness enthusiasts build strength, while increasing the app's appeal to a wider audience. The Liteboxer VR fitness app launched just over one year ago and now with the rebrand it includes Boxing, Total Body, and Strength workouts. The app has over 940,000 installs to date, and CEO and Founder, Jeff Morin, is delighted with the progress. Reflecting on the app's evolution since the original release in March 2022, Morin said, "The app has changed so much in the past 12 months. We added full body workouts with the launch of Total Body 6 months ago, and it became obvious that this made-for-VR, trainer-led experience is really something special. People love it, and it's a huge differentiator for us." Litesport's unique offering provides a workout experience that is personalized, interactive and is led by world class trainers. Members enjoy the one-on-one coaching experience, which they might not have access to otherwise due to time, cost, or location. Morin explains, "We are unique in the space where the trainer is in front of you, showing what you do for the entire workout. Not just an intro, not a voiceover, but right in front of you - showing you good form, sweating, and doing the work. Now take that, add the interactivity and the feedback made possible by working out in the headset, and we have something pretty addictive. That's what we're all about." The new Strength Training mode differs from the other workouts in the app, as it does not provide a 'score,' 'leaderboard,' or 'match' results. Instead, trainers provide guidance throughout the workout, targeting 16 key muscles, which are showcased on the interactive muscle map. Members have the ability to filter content by specific muscle groups to change the focus of each workout to reach their goals. The mode is intended to motivate members to compete with themselves, improving their muscle map and getting stronger with each workout. Morin concludes, "Building strength is essential, and we want to make it accessible to everyone. With Strength Training, we hope to give people who may have never sought out a strength workout - a starting point. They can find a workout to help strengthen their lower back so they might more easily pick up their toddler, whatever it might be. Our muscle map makes it simple to pick a target area, and the tracking and accountability will, we hope, make them come back to it and feel the result, but as a side effect of having fun in the app and doing something they enjoy." Litesport's app is available to download in the Oculus Store for $18.99/month, with a 7-day free trial. There is also an option to sign up for a free membership, which provides limited access to content. The app is compatible with Meta Quest, Quest 2, and Quest Pro headsets, providing immersive and fun workouts in the comfort of your own home. To learn more about Litesport, please visit www.litesport.com and @ LitesportVR on TikTok. About Litesport Litesport, formally Liteboxer, combines hit music, game dynamics, and expert training to create the world's most immersive workouts. By combining innovative boxing, full body, and strength training workouts, Litesport creates the ultimate virtual reality fitness experience placing real, certified trainers in the convenience of your own home. Litesport is designed to make your at-home workouts accessible and teach form accuracy while also keeping your goals at the forefront. Contact Details Powers PR Courtney Stewart courtney@powers-pr.com Company Website https://litesport.com/

March 29, 2023 09:03 AM Eastern Daylight Time

Video Image

Tradeweb Completes Final Technology Milestone of Integrating the Nasdaq U.S. Fixed Income Electronic Trading Platform

Tradeweb

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has achieved the final significant technology milestone relating to the company’s 2021 acquisition of the Nasdaq Fixed Income platform (formerly eSpeed) into its Dealerweb central limit order book (CLOB). The Dealerweb CLOB has relocated its primary data center to Equinix NY5 (Secaucus, NJ), providing enhanced infrastructure, improved performance and a closer connection with a broader range of customers resulting in a faster and consistent trading experience. The data center was formerly located at Equinix NY11 (Carteret, NJ). “This move optimizes performance for market participants by placing Dealerweb U.S. Treasury (UST) trading and price discovery in closer proximity to trading customers and vendors with an existing presence in Equinix NY5,” said Tradeweb President Thomas Pluta. “Dealerweb is committed to offering the best possible trading experience for our clients, and by realizing operational synergies we can continue to provide reliable and leading-edge trading services to our clients.” Equinix NY5 provides equalized cross-connections to its NY2, NY4, and NY5 locations. The result is a deterministic trading experience with improved performance, achieving mean latencies of approximately 30µs. The west-to-east UST long haul data terminates at NY2, providing proximity to UST data and insight into correlated UST products. Equinix NY5 serves as the data center for many existing clients. “Dealerweb’s infrastructure and data center move to the Equinix campus in Secaucus demonstrates its commitment to providing a best-in-class service to UST trading participants,” adds Troy Kane, Global Head of Derivatives and FICC Development at Citadel Securities. “The equalized connections and the strategic location provide close proximity to important network paths from Chicago to Secaucus. Citadel Securities is supportive of the move and what it will mean for Dealerweb’s position in the market.” In addition to delivering enhanced trading, price discovery and onboarding for wholesale UST, this move will enable Dealerweb to consolidate numerous UST “on-the-run” products. Later this year, Dealerweb plans to also move its Actives Streams (DWAS) matching engine to Equinix NY5, providing a single cross-connect for both the CLOB and Active Streams, and a single straight-through processing (STP) feed for both. The DWAS matching engine is currently located at Cyxtera NJ2X (Weehawken, NJ). About Tradeweb Markets Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 40 products to clients in the institutional, wholesale and retail markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves approximately 2,500 clients in more than 65 countries. On average, Tradeweb facilitated more than $1.1 trillion in notional value traded per day over the past four quarters. For more information, please go to www.tradeweb.com. Forward-Looking Statements This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, our outlook and future performance, the industry and markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading “Risk Factors” in documents of Tradeweb Markets Inc. on file with or furnished to the SEC, may cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this release are not guarantees of future performance and our actual results of operations, financial condition or liquidity, and the development of the industry and markets in which we operate, may differ materially from the forward-looking statements contained in this release. In addition, even if our results of operations, financial condition or liquidity, and events in the industry and markets in which we operate, are consistent with the forward-looking statements contained in this release, they may not be predictive of results or developments in future periods. Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release. Contact Details Tradeweb Media Contact Daniel Noonan +1 646-767-4677 Daniel.Noonan@Tradeweb.com Tradeweb Investor Contact Ashley Serrao +1 646-430-6027 Ashley.Serrao@Tradeweb.com Tradeweb Investor Contact Sameer Murukutla +1 646-767-4864 Sameer.Murukutla@Tradeweb.com Company Website http://www.tradeweb.com

March 29, 2023 08:30 AM Eastern Daylight Time

1 ... 289 290 291 292 293 ... 632