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Adro Teams Up with Shorelight to Improve Access to Banking Services for International Students in the US

Adro

Adro, a technology company offering no-fee checking and savings accounts, along with the Adro World Mastercard, is excited to announce its newest collaboration with Shorelight, the world’s largest platform supporting international student success in the United States. The two companies are teaming up to provide international students and workers moving to the US with seamless access to essential financial services prior to their arrival. Shorelight, renowned for its comprehensive support services—including academic and admissions support, visa assistance, and career development—boasts a market presence in over 200 countries, a network of 9,000+ distribution points across agencies, schools, and counselors, and has the largest portfolio of US university collaborations in the world. This collaboration marks a significant milestone for Adro, which recently announced it had already welcomed customers from 110+ countries after launching earlier this year. "We are thrilled to collaborate with Shorelight. They are a world leader in providing admissions support and services to ensure the success of international students arriving in the US. Adro's ability to support international students in opening their first US account before arrival, through a fast and efficient sign-up experience, naturally complements Shorelight's existing services," said Amarildo Gjondrekaj, Founder and CEO of Adro. Gautam Bazaz, Head of Corporate Development at Shorelight, added, "Shorelight believes that every student deserves a chance at success in their academic journey. And, they are more likely to achieve their aspirations when they have confidence about what their US experience will be, before they move to the US. By working with Adro, our students can access reliable, affordable, and secure banking services, including access to funds in the US at a critical point in their lives." Adro's checking, savings and credit card for internationals offer a range of benefits, including: No SSN, ITIN, or credit check required for sign-up $0 fees on all incoming wire transfers $0 foreign exchange fees No monthly fees and no minimum balance requirements This collaboration underscores the commitment of both Adro and Shorelight to empower international students with the tools and support they need to succeed academically and financially in the United States. -- About Adro Adro is a technology company helping internationals unblock access to financial services so they can live like a local. Based in New York, Adro has raised a $1.5M pre-seed and is backed by investors who deeply believe in equal access and opportunity for newcomers arriving in the US. Adro was selected to join the 2024 Hudson Valley Venture Hub Accelerator at SUNY New Paltz. Adro is a graduate of Westchester County’s Element 46 Tech Accelerator and a member of CELA Innovation. To learn more, visit www.joinadro.com. About Shorelight Shorelight is a leading international student platform focused on international student support in the United States. The company connects international students, universities, and service providers to drive student enrollment and performance at scale. They do this so that a more globally diverse population can educate themselves and prosper for generations to come. Together, we help Educate the World. For more information, visit www.shorelight.com. Contact Details Adro Katherine Wong Too Yen marketing@joinadro.com

October 22, 2024 09:06 AM Eastern Daylight Time

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Lisk Partners with Kotani Pay to Streamline Off-Ramps For Builders in Africa

Lisk

Lisk, a leading Layer 2 blockchain dedicated to bringing Ethereum to emerging markets, is excited to announce its integration with Kotani Pay, a premier payment platform dedicated to connecting African users and businesses with stablecoins for local currencies. This partnership will enable projects and individuals holding assets on the Lisk protocol, primarily stablecoins like USDT and USDC, to exchange these assets directly for fiat, which can then be deposited into mobile money wallets. As part of this integration, Kotani Pay has recently enhanced its capabilities by integrating with M-Pesa and various mobile money platforms across multiple African countries. This advancement empowers users and developers to off-ramp USDT or USDC on the Lisk protocol directly to mobile wallets via Kotani Pay, unlocking new opportunities for accessing fiat services. “Emerging markets are at the heart of Lisk's mission,” said Dominic Schwenter, COO of Lisk. “We are deeply committed to empowering developers in Africa with the resources they need to create innovative web3 products. Yet, our efforts will fall short without robust on/off ramps—historically the Achilles' heel of crypto. Kotani Pay is addressing this challenge in Africa, and their partnership will further enhance our innovation in the region.” This collaboration positions Lisk as the go-to RWA chain for African projects. With Kotani Pay's extensive reach across over 8 African countries, the integration provides access for projects to scale into different markets, supporting established and emerging initiatives. The significance of this partnership is underscored by a recent Chainalysis report indicating that stablecoins account for approximately 43% of the total transaction volume in the Sub-Saharan African region. Felix Macharia, CEO of Kotani Pay, stated, “Our goal extends beyond providing access to Web3 assets in Africa. We are committed to empowering entrepreneurs and developers building Web3 products that drive economic growth across the continent. By integrating with the Lisk ecosystem, we offer dApps, DeFi platforms, and exchanges a seamless on-ramp and off-ramp solution, allowing them to unlock real value and expand their reach to underserved markets. This partnership aligns perfectly with Lisk's vision, and we are excited to support the growth of innovative solutions in the space.” Integrating Kotani Pay's API and widget will facilitate seamless transactions, bridge real-world use cases, and enable faster, more efficient fiat on- and off-ramping. This enhancement aims to drive crypto adoption in Africa while increasing the utility of Lisk's infrastructure technology, solving a critical challenge for developers building on the Lisk protocol. In March, Lisk partnered with CV Labs to launch a VC-curated blockchain incubator program to support African entrepreneurs developing blockchain solutions tailored to the African market. For more information about Lisk and the partnership with Kotani Pay, visit us on X. About Lisk Lisk is a Layer 2 blockchain dedicated to bringing Web3 adoption in emerging markets back to Ethereum. By leveraging cost-efficient, scalable, and innovative Layer 2 technology, Lisk enables real-world applications in emerging markets to operate efficiently on Ethereum for the first time. Lisk's founder-focused approach provides a comprehensive ecosystem of startup programs, tooling, seed liquidity, and knowledge bases to support local founders from inception to success. As a long-standing Web3 infrastructure project, Lisk has been contributing towards democratizing blockchain accessibility for developers globally since 2016. As an original member of the Optimism Superchain, Lisk also plays a pivotal role in building the industry’s first truly interoperable supernetwork alongside Optimism, Base, Mode, and Worldchain. For more information, visit us on X and join our network of builders to start building for the real world. About Kotani Pay Kotani Pay is an on-ramp and off-ramp payment platform connecting Web3 fintechs across Africa with local payment structures, including mobile money and banks. Dedicated to bridging the Web3 and fiat worlds, Kotani Pay's robust white-labeled API provides cash-in/cash-out services in Kenya, Ghana, South Africa, Cameroon, Tanzania, Uganda and Zambia. Contact Details Serotonin Wahaj Khan wahaj@serotonin.co Company Website https://lisk.com/

October 22, 2024 09:00 AM Eastern Daylight Time

Messari Reports TRON’s Protocol Revenue Reached an All-Time High in Q3 2024

TRON DAO

Geneva, Switzerland, October 22, 2024 - Messari, a leading provider of digital asset market intelligence products, released a research report highlighting TRON ’s Q3 performance. The report details seven consecutive quarters of increasing on-chain activity, driving its protocol revenue to an all-time high, fueled by increased transaction volumes and a rapidly growing user base. State of TRON Q3 2024 The TRON network experienced impressive protocol revenue growth in Q3 2024, reaching an all-time high of $151.2 million, reflecting a 29% increase quarter-over-quarter (QoQ). During this period, TRON also achieved notable growth across several key metrics, including a 24% increase in market cap, a 4% rise in DeFi TVL, a 3% growth in stablecoin market cap, and a 150% increase in average daily DEX volume. Other Highlights: TRON passed a series of proposals aimed at lowering gas fees, further enhancing its appeal for cost-efficient transactions. USDT on TRON reached $58.94 billion by the end of Q3, a 3% increase from $57.06 billion QoQ, with over half of all USDT in circulation now on the TRON network. Ecosystem Growth On July 25, TRON launched HackaTRON Season 7 to attract both experienced developers and newcomers to the TRON platform. On September 10, 2024, TRON, in collaboration with Tether and TRM Labs, announced the launch of the T3 Financial Crime Unit (T3 FCU) to address cryptocurrency-related crimes. TRON is developing a Bitcoin Layer-2 solution, aiming for a secure way for the Bitcoin ecosystem to access TRON’s pool of stablecoin capital. Read the full research report from Messari here. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of October 2024, it has over 265 million total user accounts on the blockchain, more than 8.7 billion total transactions, and over $16 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

October 22, 2024 09:00 AM Eastern Daylight Time

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Robinhood Introduces A New Way To Trade On Desktop Through Robinhood Legend

Benzinga

By Josh Enomoto, Benzinga Investors looking for an edge in the market may want to pay extra close attention to Robinhood, as they have unveiled the latest addition to its iconic trading platform. Named Robinhood Legend, this desktop-focused interface is designed from the ground up to accommodate active traders. While mobile-app trading certainly offers significant benefits, the smaller screens can represent a challenge in deciphering multiple datapoints. With a desktop setup, traders can analyze multiple charts and technical indicators simultaneously, facilitating information management and effective decision-making. Even better, Legend is available at no extra charge for all Robinhood account holders. Plus, the core attributes offered to a customer – no equity options contract fees (though certain charges may apply), low margin rates and commission-free stock and exchange-traded fund (ETF) trading – remain the same. What Distinguishes Robinhood Legend From the Pack Robinhood reports that Legend isn’t just another run-of-the-mill trading platform with some extra bells and whistles attached. Indeed, there are many generic products in the retail investing ecosystem. Instead, Legend represents a carefully tailored toolset for traders who require speed, precision and customization. Consider the following features: Customizable layout for personalized trading: With Robinhood Legend, you can personalize your trading setup in just a few clicks. Through the use of organizational widgets, market participants can adjust chart schematics to suit their strategies – whether that involves targeting technical indicators, market trends or price movements. Also, users can choose from pre-designed layouts, minimizing delays. Advanced charting tools for in-depth analysis: Investors increasingly rely on multiple disciplines, including technical analysis, to gain an edge. Robinhood Legend addresses the growing concern of companies paywalling their technical solutions with access to advanced charting analytics. Whether you’re tracking moving averages, Bollinger bands or Fibonacci retracements, Legend provides the tools necessary for consistent success. One-click trading for quicker execution: When it comes to trading, timing could be the difference between securing a profit or incurring a loss. Here, Robinhood Legend brings to the table a seamless solution, allowing traders to execute transactions directly from charts with a single click. Moreover, members have the ability to trade from a watchlist, an options chain or a position window. Essentially, traders can maintain situational awareness at all times, entering or exiting positions seamlessly without taking eyes off the live-feed analytics. A Must-Have For Active Traders Thanks to the underlying no extra cost framework for anybody with a Robinhood account, Legend’s product offering seems purely accretive. Many advanced traders will likely be willing to pay big bucks for access to the analytics alone, which can help identify profitable setups and opportunities. Most importantly, Legend’s focus on desktop functionality ensures that traders who need real-time data across multiple sources will benefit from a more comprehensive experience than what’s possible on mobile platforms. With sub-second data updates, users will always be cognizant of market movements, allowing for sharper, more responsive trading. With the doors open, now’s the perfect time to unlock the full potential of your trading experience with Robinhood Legend. Featured photo by Pexels on Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Disclosures: While there is no additional cost to use Legend, there are other fees associated with your individual investing account. Review our fee schedule for more information. Robinhood doesn’t endorse or adopt any particular investment strategy or approach to evaluating individual securities or assets. Robinhood Legend use is for informational purposes only and is not a recommendation of any security, investing or trading strategy. Some of the capabilities of Robinhood Legend may be different or absent from what is offered via the Robinhood mobile app or Robinhood classic. Please be sure to understand these differences and what might work best for you. Brokerage services offered through Robinhood Financial LLC (member SIPC), a registered broker dealer. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 22, 2024 08:45 AM Eastern Daylight Time

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Industrials Sector ETF (XLI) Offers Broad Exposure to the Industrial Sector with Top Holdings

Select Sector SPDR

The Industrials Select Sector SPDR Fund (XLI) offers investors a strategic avenue to engage with the broad industrials sector. This fund is designed to track an index of industrial stocks from the S&P 500, weighted by modified market capitalization. With assets under management surpassing $19 billion and an annual expense ratio of just 0.09%*, XLI presents an efficient and cost-effective method to gain exposure to this vital sector. Top 10 Holdings & Weightings** The fund’s diversified portfolio includes leading industrial companies, each representing significant facets of the sector. As of the latest update, the top 10 holdings and their respective weightings are: GE Aerospace: 4.94% Caterpillar: 4.58% RTX: 3.89% Uber Technologies: 3.81% Union Pacific: 3.62% Honeywell International: 3.25% Eaton: 3.18% Lockheed Martin: 2.99% Automatic Data Processing: 2.72% Deere: 2.58% ETF Industry and Sector Overview XLI's portfolio spans a comprehensive array of industries within the industrial sector, providing investors with diverse opportunities, including: Aerospace and Defense: The ETF features prominent companies like GE Aerospace, RTX, and Lockheed Martin, ensuring exposure to leaders in aerospace and defense technologies. Electrical Equipment Manufacturers: Holdings such as Eaton highlight the fund’s inclusion of top-tier electrical equipment manufacturers, reflecting advancements and innovations in this field. Construction and Engineering Firms: Investment in companies like Caterpillar allows investors to benefit from the ongoing trends in global infrastructure development and urbanization. Industrial Machinery Companies: By including firms such as Honeywell International, XLI enables participation in the machinery and equipment manufacturing landscape. Building Products: The fund also covers a range of building product companies, offering insights into the dynamic construction markets. With its extensive portfolio, XLI provides a balanced view of the industrial sector, from foundational infrastructure to cutting-edge technological advancements. As the industrial landscape continues to evolve, XLI stands out as a compelling option for investors keen on accessing the manifold opportunities within this dynamic sector. The fund’s holdings ensure a broad yet targeted exposure, making it an attractive choice for those looking to invest in the industrial domain. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 9/30/24 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007891 EXP 12/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

October 22, 2024 05:00 AM Eastern Daylight Time

TRON DAO Supports Princeton Blockchain Club’s Crypto TigerTrek as Ruby Sponsor

TRON DAO

Geneva, Switzerland, October 21, 2024 – TRON DAO participated as a Ruby Sponsor at Princeton Blockchain Club ’s 3rd Annual Crypto TigerTrek, a novel Princeton experience that brought together students and industry professionals for a week filled with discussions, networking, and educational sessions, all focused on the evolving landscape of blockchain technology. TRON DAO has collaborated with top academic institutions through initiatives like the TRON Builder Tour, which has visited universities such as MIT, Harvard, and Columbia. Princeton was another important stop in TRON’s mission to mentor the next generation of blockchain developers and leaders. A Platform for Collaboration and Innovation As part of this event, Steven Bischoff, TRON Community Spokesperson, delivered a keynote to Princeton students. In his address, he emphasized the essential skills required to succeed in the cryptocurrency industry, along with providing a comprehensive overview of how to effectively communicate, navigate, and build collaborations within the industry. The keynote also provided an overview of TRON’s robust ecosystem and stablecoin solutions are driving adoption within emerging markets, showcasing real-world applications of blockchain technology in various industries. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of October 2024, it has over 265 million total user accounts on the blockchain, more than 8.7 billion total transactions, and over $16 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

October 21, 2024 12:34 PM Eastern Daylight Time

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Allyzent Unveils Proprietary Conversational AI to Revolutionize Healthcare Administration

Rev Up Marketers

Healthcare providers often find themselves overwhelmed with non-clinical tasks, from endless appointment scheduling to navigating the complexities of billing and insurance. These burdens drain valuable time and divert attention away from patient care. To address this challenge, Allyzent has unveiled a game-changing Conversational AI solution that aims to redefine administrative efficiency in the healthcare sector. Allyzent's proprietary Large Language Model (LLM) promises a breakthrough in healthcare technology. Unlike other AI platforms that rely on third-party models, this in-house LLM will offer unmatched reliability while ensuring complete HIPAA compliance. This will significantly reduce the risk of data exposure and inaccuracies. It is set to provide healthcare providers peace of mind in managing sensitive patient information. According to Allyzent, this AI will also integrate seamlessly with Electronic Medical Records (EMR) systems, enabling it to identify patients due for their annual checkups and automatically schedule appointments. This level of integration will close care gaps more effectively. Additionally, the AI will handle routine non-clinical tasks like patient outreach, front-office support, billing reminders, and prior authorization checks. It will ensure healthcare providers can dedicate more time to patient care. "Our mission with Allyzent's Conversational AI is to bridge the gap between healthcare providers and their patients by eliminating the administrative tasks that often hinder efficient care,” says Shahbaz Sohail, the founder of Allyzent. “By developing our own in-house LLM, we’re ensuring complete data security and making advanced AI accessible to smaller practices. This is about giving healthcare professionals more time to focus on what truly matters — providing quality care,” he adds. By offering a secure, cost-effective, and tailored solution, Allyzent’s upcoming Conversational AI will mark a new era in healthcare administration. About Allyzent: Allyzent is a healthcare technology company focused on using Conversational AI to reduce administrative tasks for healthcare providers. With an internally developed Large Language Model (LLM), Allyzent emphasizes data security and compliance, especially concerning HIPAA regulations. Their AI capabilities extend to tasks like appointment scheduling, patient outreach, and insurance authorization, integrating seamlessly with existing healthcare systems. By prioritizing efficiency and accessibility, Allyzent aims to support a wide range of healthcare practices. This ensures practitioners dedicate more time to patient care. Contact Details Allyzent Shahbaz Sohail shahbaz@allyzent.com Company Website https://allyzent.com/

October 18, 2024 08:15 AM Eastern Daylight Time

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News Release

Introducing Qstomy: The AI Chatbot Revolutionizing E-Commerce

Rev Up Marketers

In an era where customer experience drives the success of online businesses, Qstomy emerges as a groundbreaking innovation designed to meet the evolving needs of e-commerce merchants. More than just a chatbot, Qstomy offers a comprehensive solution for boosting conversions, enhancing customer satisfaction, and automating critical sales processes. The New Standard in E-Commerce Engagement Qstomy transforms business-customer interactions by providing personalized, multilingual support that adapts to the unique characteristics of each online store. Powered by advanced AI technology, Qstomy learns from every interaction, refining its responses and recommendations to better serve clients. Whether customers are searching for a product, seeking support, or making a purchase, Qstomy ensures a seamless journey from start to finish. Key Features and Benefits of Qstomy: Maximizing Sales with Intelligent Recommendations Qstomy excels at increasing sales through automated cross-selling and upselling strategies. A Tailored, Controlled AI Experience Unlike generic chatbots, Qstomy is fully customizable to reflect a brand’s identity. Merchants maintain full control over the chatbot’s responses, ensuring every interaction aligns with business objectives and customer expectations. Liberating Customer Service Teams One of Qstomy’s standout features is its ability to automate routine support tasks, such as answering frequently asked questions and tracking order statuses. This frees up valuable time for support teams to focus on more complex customer inquiries, ultimately enhancing operational efficiency and improving the overall customer experience. Data-Driven Insights for Strategic Growth Qstomy not only interacts with customers but also collects and analyzes valuable data. This allows businesses to gain insights into customer preferences, pain points, and shopping behaviors, offering actionable information that can inform future marketing and sales strategies. Continuous Learning for Enhanced Performance The more Qstomy interacts with customers, the smarter it becomes. By continuously learning from every conversation, it sharpens its ability to meet customer needs, improving the quality and relevance of its recommendations over time. This adaptability makes Qstomy a long-term asset for e-commerce businesses looking to stay competitive. Redefining Customer Experience: Beyond sales, Qstomy is a transformative tool for managing customer experience. It provides round-the-clock, personalized assistance, ensuring customers receive timely responses without overwhelming support staff. By fostering trust and delivering consistently high-quality service, Qstomy strengthens the relationship between brands and their customers. Transforming E-Commerce Engagement Qstomy offers an intelligent, reliable solution for businesses seeking to elevate online customer experience and boost sales on Shopify. Instagram: https://www.instagram.com/_qstomy_ Contact Details Qstomy Remi Zeitoun (remi@qstomy.com) contact@qstomy.com Company Website https://www.qstomy.com/

October 18, 2024 06:43 AM Eastern Daylight Time

Comcast to Connect Thousands of Homes and Businesses in Madera County to High-Speed Internet

Comcast California

Comcast is connecting more than 2,200 previously unserved homes and businesses across Madera County, California to reliable, high speed, symmetrical Internet by expanding its network to the region, enhancing digital infrastructure, promoting economic growth, and positioning residents and local businesses for success in an increasingly digital world. The network expansion brings residents and businesses in Madera, Chowchilla and other nearby communities, Internet, mobile, entertainment and security services from Xfinity and Comcast Business services to residents and businesses for the first time. The expansion is made possible by a nearly $17 million Federal Funding Account (FFA) grant from the California Public Utilities Commission (CPUC) and private funding by Comcast. Comcast also recently announced it has received an additional $26 million FFA grant to expand its fiber-rich network in Tulare County, which will bring broadband services to nearly 6,200 unserved locations by early 2026, continuing Comcast’s efforts to help close the digital divide in the Central Valley. “I’m thankful to Comcast and the CPUC for their partnership and their continued investments within our great community to bring digital access for our students, families, seniors and businesses to thrive,” said Supervisor Jordan Wamhoff, Madera County Board of Supervisors. “These investments will help bridge the digital divide many Madera County residents experience and help enhance the overall quality of life for our rural communities.” “The CPUC’s decision to award Comcast the Madera County FFA grant builds on our continued efforts in working tirelessly to close the digital divide across the Central Valley,” added David Tashjian, Regional Senior Vice President of Comcast California. “This expansion will support our ongoing network expansion efforts in the Central Valley, in cities such as Biola, Planada, Caruthers, Le Grand and Gustine. We thank the CPUC for this public-private partnership as we continue to work together to increase digital equity within unserved communities and connect people and businesses to what matters most.” Residents and businesses can visit Xfinity.com/mytown and enter their addresses for additional details on construction timing and upcoming service availability. A Network You Can Trust to be Reliable, Fast and Secure Comcast’s state-of-the-art network is built to enable residents and businesses to thrive in today’s constantly connected world. Madera County joins the more than 63 million homes and businesses across the country to have access to a network that is trusted by essential community organizations like hospitals, schools, transportation systems and first responders, and federal agencies like the Department of Defense and FEMA. It delivers multi-gigabit Internet speeds, 99.9 percent reliability and security built in from the ground up to keep customers safe from cyber threats. Introducing Xfinity for Consumers Comcast’s residential services are marketed under the Xfinity and NOW and brands, and consumers in Madera County will be able to take advantage of Xfinity’s and NOW’s full suite of products, including Internet, video, mobile, voice and home security. With multi-gigabit Internet speeds, powerful WiFi that reaches every corner of the home, and super-responsive connections with low lag available with its plan, customers have a great experience using their connected devices to stream their favorite sports and entertainment content, video chat with coworkers and friends, learn from home or simply surf the web. Comcast Business to Power Madera County’s Workforce For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of all sizes achieve their business goals. Industry analysts and associations have consistently recognized Comcast Business as a leader and innovator in flexible, scalable options as well as one of the fastest-growing providers of Ethernet services. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms, we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Jon Koriel +1 925-315-2690 jon_koriel@comcast.com Company Website https://california.comcast.com/

October 17, 2024 12:58 PM Pacific Daylight Time

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