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TokenEx and IXOPAY to Merge, Enabling Merchants to Optimize the Use of Multiple Payment Processors

TULSA, Okla. and VIENNA, Austria, April 17, 2024 (GLOBE NEWSWIRE) — TokenEx, the leading cloud tokenization provider, and IXOPAY, the leading independent payments orchestration platform, today are announcing their definitive agreement to merge, creating a new leader in global payments optimization. The combined company will be called IXOPAY, a TokenEx Company, and Marc Olesen will lead the combined organization as CEO. Customers will benefit from a comprehensive platform that enables increased authorization rates and decreased interchange fees for merchants, along with PCI–certified secure payment data.

This merger brings together the strengths of TokenEx’s expertise in tokenization of payment data, and IXOPAY's world–class payments orchestration, including transaction routing & reconciliation capabilities.

“This merger marks a significant milestone in the payments industry,” said Marc Olesen, CEO. “By joining forces, IXOPAY, a TokenEx Company is uniquely positioned to help merchants develop a payments strategy that optimizes the use of multiple payment processors to enhance both top and bottom–line results.”

TokenEx’s merger with IXOPAY marks a pivotal step in the transformation of the payments industry toward supporting a multi–processor approach to payments, delivering a complete unified payments platform that includes:

  • Omnichannel Tokenization — Universal Tokens enable merchants to use one payment token for in–person and online transactions and all payment processors. This eliminates storing payment data in multiple systems, reduces system complexity, and provides unified customer data.
  • Payments Orchestration — This highly scalable payments orchestration platform for merchants delivers intelligent routing, cascading, and state–of–the–art risk management functions as well as centralized reconciliation and settlements along with plugin–based integration of over 200 acquirers, Alternative Payment Methods, and payment service providers.
  • Card Lifecycle Management — A complete set of capabilities for managing the entire transaction lifecycle at scale, including updating expired cards, leveraging the efficiency of network tokens, streamlined routing with BIN Lookup, and authenticating transactions with 3D Secure.

“By merging with TokenEx we not only bring together our unique capabilities to become the most comprehensive payments platform for global merchants, but we can also utilize the expertise of the TokenEx team to provide first–class service to our primarily European customers in the U.S. market,” said Rene Siegl, Founder and Executive Chairman of IXOPAY. “For merchants who value the competitive advantage that comes with treating payments as strategic, IXOPAY, a TokenEx Company will ultimately deliver a complete omnichannel payments optimization platform with best–in–class tokenization and intelligent transaction routing — giving merchants unprecedented control over their revenue and the competitive edge to thrive in global commerce.” Both Rene Siegl, Founder and Nathalie Siegl, CEO will remain with IXOPAY, a TokenEx Company as executives.

About TokenEx

TokenEx is a cloud tokenization and payment optimization provider committed to helping organizations safely and compliantly process and transmit sensitive data. Its industry–leading solution for data protection can secure and desensitize any structured data element to reduce risk, streamline operations, and enable critical business processes.

About IXOPAY

IXOPAY is a best–of–breed payment orchestration platform offering flexible and independent global payment processing options. IXOPAY provides smart transaction routing with cascading, state–of–the–art risk and fraud management, fully automated reconciliation and settlements processing, comprehensive reporting and access to hundreds of acquirers, payment service providers and alternative payment methods.

Media Contact:

Nicholas Mueller

nmueller@tokenex.com

510–289–2001

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/27147864–91b0–4683–aa19–d4c4690d323a


GLOBENEWSWIRE (Distribution ID 9089826)

TokenEx e IXOPAY se Consolidam, Permitindo que os Comerciantes Otimizem o Uso de Vários Processadores de Pagamentos

TULSA, Oklahoma, e VIENA, Áustria, April 17, 2024 (GLOBE NEWSWIRE) — A TokenEx, principal fornecedora de tokenização em nuvem, e a IXOPAY, principal plataforma independente de orquestração de pagamentos, anunciaram hoje seu acordo definitivo de fusão, para a criação de um novo líder em otimização de pagamentos globais. A nova empresa passará a se chamar IXOPAY, uma empresa TokenEx, e Marc Olesen liderará a nova organização como CEO. Os clientes se beneficiarão de uma plataforma abrangente que permite maiores taxas de autorização e menores taxas de intercâmbio para comerciantes, juntamente com dados de pagamento seguros certificados pela PCI.

Esta fusão reúne os pontos fortes da experiência da TokenEx em tokenização de dados de pagamento e a orquestração de pagamentos de classe mundial da IXOPAY, incluindo recursos de roteamento e reconciliação de transações.

“Esta fusão é um marco significativo para o setor de pagamentos”, disse Marc Olesen, CEO. “Ao unir forças, a IXOPAY, uma empresa TokenEx, passa a estar excepcionalmente posicionada a ajudar os comerciantes a desenvolver uma estratégia de pagamentos que otimize o uso de vários processadores de pagamento para o aprimoramento dos resultados finais.”

A fusão da TokenEx com a IXOPAY marca um passo fundamental na transformação do setor de pagamentos no sentido de apoiar uma abordagem multiprocessador para pagamentos, e proporcionar uma plataforma de pagamentos unificada completa que inclui:

  • Tokenização Omnicanal — Os Tokens Universais permitem que os comerciantes usem um token de pagamento para transações presenciais e online e todos os processadores de pagamento. Isso elimina o armazenamento de dados de pagamento em vários sistemas, reduz a complexidade do sistema e fornece dados unificados do cliente.
  • Orquestração de Pagamentos — Esta plataforma de orquestração de pagamentos altamente escalável para comerciantes oferece funções inteligentes de roteamento, cascata e gerenciamento de riscos de última geração, bem como reconciliação e liquidações centralizadas, juntamente com integração baseada em plugins de mais de 200 adquirentes, Métodos de Pagamento Alternativos e provedores de serviços de pagamento.
  • Gerenciamento do Ciclo de Vida do Cartão — Um conjunto completo de recursos para gerenciamento de todo o ciclo de vida da transação em escala, incluindo atualização de cartões expirados, aproveitamento da eficiência dos tokens de rede, roteamento simplificado com a Pesquisa de BIN e autenticação de transações com o 3D Secure.

“A nossa integração com a TokenEx permite que possamos unir nossos recursos exclusivos para nos tornarmos a plataforma de pagamentos mais abrangente para comerciantes globais, além de podermos utilizar a experiência da equipe da TokenEx para fornecer um serviço de primeira classe aos nossos clientes, principalmente os europeus, no mercado dos EUA”, disse Rene Siegl, Fundador e Presidente Executivo da IXOPAY. “Para os comerciantes que valorizam a vantagem competitiva que o tratamento de pagamentos como estratégicos permite, a IXOPAY, uma empresa TokenEx, passará a ser uma plataforma completa de otimização de pagamentos omnicanal com a melhor tokenização da categoria e roteamento inteligente de transações — dando aos comerciantes controle sem precedentes da sua receita e vantagem competitiva para que possam prosperar no comércio global.” Tanto Rene Siegl, Fundador, quanto Nathalie Siegl, CEO, continuarão a ser executivos da IXOPAY, uma empresa TokenEx.

Sobre a TokenEx

A TokenEx é um provedor de tokenização e otimização de pagamentos em nuvem comprometido em ajudar as empresas a processar e transmitir dados confidenciais com segurança e conformidade. Sua solução líder do setor para proteção de dados protege e dessensibiliza qualquer elemento dos dados estruturados para reduzir riscos, agilizar as operações e permitir processos essenciais dos negócios.

Sobre a IXOPAY

IXOPAY é uma plataforma de orquestração de pagamentos que oferece opções de processamento de pagamentos globais flexíveis e independentes. A IXOPAY fornece roteamento inteligente de transações com gerenciamento de riscos e fraudes em cascata e de última geração, reconciliação e processamento de liquidações totalmente automatizados, relatórios abrangentes e acesso a centenas de adquirentes, provedores de serviços de pagamento e métodos de pagamento alternativos.

Contato com a Mídia:

Nicholas Mueller

nmueller@tokenex.com

510–289–2001

Foto deste comunicado disponível em https://www.globenewswire.com/NewsRoom/AttachmentNg/27147864–91b0–4683–aa19–d4c4690d323a


GLOBENEWSWIRE (Distribution ID 9090807)

TokenEx und IXOPAY fusionieren und ermöglichen Händlern die Optimierung der Nutzung mehrerer Zahlungsabwickler

TULSA, Oklahoma und WIEN, Österreich, April 17, 2024 (GLOBE NEWSWIRE) — TokenEx, der führende Anbieter von Tokenisierung in der Cloud, und IXOPAY, die führende unabhängige Plattform für die Orchestrierung von Zahlungen, geben heute ihre endgültige Vereinbarung über ihre Fusion bekannt, durch die ein neuer Marktführer im Bereich der globalen Zahlungsoptimierung entsteht. Das fusionierte Unternehmen wird den Namen IXOPAY, ein Unternehmen von TokenEx, tragen, und Marc Olesen wird das kombinierte Unternehmen als CEO leiten. Die Kunden profitieren von einer umfassenden Plattform, die höhere Autorisierungsraten und geringere Interbankenentgelte für Händler ermöglicht, sowie von PCI–zertifizierten, sicheren Zahlungsdaten.

Diese Fusion vereint die Stärken der Expertise von TokenEx in der Tokenisierung von Zahlungsdaten und der Weltklasse–Zahlungsorchestrierung von IXOPAY, einschließlich Transaktionsrouting und Abgleichsfunktionen.

„Diese Fusion stellt einen bedeutenden Meilenstein in der Zahlungsverkehrsbranche dar“, so Marc Olesen, CEO. „Durch den Zusammenschluss ist IXOPAY, ein Unternehmen von TokenEx, einzigartig positioniert, um Händlern bei der Entwicklung einer Zahlungsstrategie zu helfen, die die Nutzung mehrerer Zahlungsabwickler optimiert, um sowohl den Umsatz als auch das Ergebnis zu verbessern.“

Die Fusion von TokenEx und IXOPAY ist ein entscheidender Schritt in der Transformation der Zahlungsbranche hin zu einem Multi–Abwickler–Ansatz für Zahlungen, der eine komplette, einheitliche Zahlungsplattform bietet:

  • Omnichannel–Tokenisierung — Universal Tokens ermöglichen es Händlern, ein einziges Zahlungs–Token für persönliche und Online–Transaktionen und alle Zahlungsabwickler zu verwenden. Damit entfällt die Speicherung von Zahlungsdaten in mehreren Systemen, die Systemkomplexität wird reduziert und die Kundendaten werden vereinheitlicht.
  • Orchestrierung des Zahlungsverkehrs — Diese hochgradig skalierbare Plattform zur Orchestrierung von Zahlungen für Händler bietet intelligente Routing–, Kaskadierungs– und hochmoderne Risikomanagement–Funktionen sowie zentralisierte Abstimmungs– und Abrechnungsfunktionen zusammen mit der Plugin–basierten Integration von über 200 Acquirern, alternativen Zahlungsmethoden und Zahlungsdienstleistern.
  • Lebenszyklusmanagement für Karten — Ein komplettes Paket von Funktionen für die Verwaltung des gesamten Transaktionslebenszyklus in großem Umfang, einschließlich der Aktualisierung abgelaufener Karten, der Nutzung der Effizienz von Netzwerk–Tokens, der Optimierung des Routings mit BIN Lookup und der Authentifizierung von Transaktionen mit 3D Secure.

„Durch die Fusion mit TokenEx vereinen wir nicht nur unsere einzigartigen Fähigkeiten, um die umfassendste Zahlungsplattform für globale Händler zu werden, sondern wir können auch die Expertise des Teams von TokenEx nutzen, um unseren hauptsächlich europäischen Kunden einen erstklassigen Service auf dem US–Markt zu bieten“, so Rene Siegl, Gründer und Executive Chairman von IXOPAY. „Für Händler, die den Wettbewerbsvorteil zu schätzen wissen, der sich daraus ergibt, dass sie Zahlungen als strategisch betrachten, wird IXOPAY, ein Unternehmen von TokenEx, letztendlich eine vollständige Omnichannel–Zahlungsoptimierungsplattform mit erstklassiger Tokenisierung und intelligentem Transaktionsrouting bereitstellen, die Händlern eine noch nie dagewesene Kontrolle über ihre Einnahmen und den Wettbewerbsvorteil bietet, um im globalen Handel erfolgreich zu sein.“ Sowohl Rene Siegl, Gründer, als auch Nathalie Siegl, CEO, bleiben als Führungskräfte bei IXOPAY, einem Unternehmen von TokenEx.

Über TokenEx

TokenEx ist ein Anbieter von Tokenisierung und Zahlungsoptimierung in der Cloud, der Unternehmen dabei hilft, sensible Daten sicher und konform zu verarbeiten und zu übertragen. Die branchenführende Lösung für den Datenschutz kann jedes strukturierte Datenelement sichern und desensibilisieren, um Risiken zu verringern, Abläufe zu optimieren und wichtige Geschäftsprozesse zu ermöglichen.

Über IXOPAY

IXOPAY ist eine erstklassige Plattform für die Orchestrierung von Zahlungen, die flexible und unabhängige Optionen für die globale Zahlungsabwicklung bietet. IXOPAY bietet intelligentes Transaktionsrouting mit kaskadierendem, hochmodernem Risiko– und Betrugsmanagement, vollautomatischer Abgleich– und Abrechnungsverarbeitung, umfassender Berichterstattung und Zugang zu Hunderten von Acquirern, Zahlungsdienstleistern und alternativen Zahlungsmethoden.

Medienkontakt:

Nicholas Mueller

nmueller@tokenex.com

510–289–2001

Ein Foto zu dieser Mitteilung ist verfügbar unter https://www.globenewswire.com/NewsRoom/AttachmentNg/27147864–91b0–4683–aa19–d4c4690d323a


GLOBENEWSWIRE (Distribution ID 9090807)

BeyondTrust Acquires Entitle, Strengthening Privileged Identity Security Platform with Paradigm Shifting Just-in-Time Access and Identity Governance

  • Entitle is a pioneering privilege management solution that discovers, manages, and automates just–in–time (JIT) access and modern identity governance and administration (IGA) across the entire cloud estate.
  • Strategic acquisition enhances BeyondTrust’s ability to tackle the sophisticated customer challenges of privileged access management (PAM) and cloud infrastructure entitlement management (CIEM) in today's cloud–centric landscape through unified orchestration.

ATLANTA, April 16, 2024 (GLOBE NEWSWIRE) — BeyondTrust, the worldwide leader in intelligent identity and access security, today announced a definitive agreement to acquire Entitle, a pioneering privilege management solution that discovers, manages, and automates just–in–time (JIT) access and modern identity governance and administration (IGA) across the entire cloud estate. These capabilities enhance a customer’s ability to provision user access to sensitive data and cloud resources on a time–bounded and “as–needed” basis. While regulations and industry best practices are moving towards zero–standing privileges (vs. permanent privileged access as provided by traditional PAM offerings), companies have struggled to implement JIT with existing tools, particularly in cloud and hybrid environments; Entitle solves this issue with its automated provisioning workflows, self–serve access requests, and 150+ integrations across IaaS/PaaS platforms and SaaS apps.

This acquisition includes all Entitle products, employees, customers, partners, assets, and intellectual property.

BeyondTrust further solidifies its industry–leading Privilege Identity Security platform with the acquisition of Entitle, expanding beyond traditional privileged access management (PAM) to encompass dynamic, just–in–time access management across cloud, SaaS, and on–premises environments. Adding Entitle to its product portfolio enhances the capability to address the sophisticated challenges of PAM and cloud infrastructure entitlement management (CIEM) in today's cloud–centric landscape, with a unified orchestration approach that enriches the platform with advanced identity governance functionalities.

“The BeyondTrust acquisition of Entitle signifies a crucial evolution in our fight to ensure customers can protect all paths to privileges, focusing on identity–first security across all IT environments,” says Janine Seebeck, CEO of BeyondTrust. “Adopting a unified, orchestrated approach that incorporates dynamic, just–in–time access is critical for safeguarding our customers' ever–changing paths to privilege. This strategy not only reduces operational friction but also enhances the security of the entire identity infrastructure more effectively.”

“Entitle’s JIT Access and Cloud Permissions Management solution is an emerging leader in the Identity Security market,” says Ron Nissim, CEO of Entitle. “This acquisition allows Entitle to continue to grow through BeyondTrust’s years of expertise and dominance in the PAM market – offering significant opportunities for Entitle’s team.”

“BeyondTrust’s acquisition of Entitle adds comprehensive permissions and entitlements management across cloud and SaaS platforms to the BeyondTrust Privileged Identity Security platform,” states Paul Fisher, Senior Analyst at KuppingerCole Analysts.

The Entitle solution is immediately available to all BeyondTrust customers. For more information, visit www.beyondtrust.com/products/entitle.

About BeyondTrust
BeyondTrust is the worldwide leader in intelligent identity and access security, enabling organizations to protect identities, stop threats, and deliver dynamic access. We offer the only platform with both intelligent identity threat detection and a privilege control plane that delivers zero–trust based least privilege to shrink your attack surface and eliminate security blind spots.  

BeyondTrust protects identities, access, and endpoints across your organization, while creating a superior customer experience and operational efficiencies.  We are leading the charge in innovating identity–first security and are trusted by 20,000 customers, including 75 of the Fortune 100, plus a global ecosystem of partners. Learn more at www.beyondtrust.com.

Follow BeyondTrust:

Twitter: https://twitter.com/beyondtrust 
Blog: https://www.beyondtrust.com/blog 
LinkedIn: https://www.linkedin.com/company/beyondtrust
Facebook: https://www.facebook.com/beyondtrust

For BeyondTrust:

Mike Bradshaw
Connect Marketing for BeyondTrust
P: (801) 373–7888
E: mikeb@connectmarketing.com


GLOBENEWSWIRE (Distribution ID 9090419)

Park Place Technologies Acquires SDV Solutions

CLEVELAND, OH, March 26, 2024 (GLOBE NEWSWIRE) — Park Place Technologies, the world’s leading data center and networking optimization firm, has acquired Virginia–based SDV Solutions, which provides client–centric data center infrastructure solutions exclusively to Federal Government agencies.

Founded in 2004 by Service–Disabled Veteran and current Owners Mike McMahan (U.S. Air Force) and Erin McMahan, SDV is a multi–OEM, independent third–party services provider exclusively to the U.S. Federal Government. Mike McMahan will remain with Park Place to ensure clients have a consistent and trusted team supporting the most critical missions of the U.S. Government.

“SDV has always been about teamwork, efficient service to Government clients, and exceeding performance expectations,” McMahan said. “We will now be able to offer our Federal clients a larger breadth of Hardware Maintenance, Managed Services and Professional Services. Park Place will help government agencies accomplish more with their budgets, get longer life from IT assets, and carry forward SDV’s legacy of trust and high–level security.”

Park Place helps more than 21,000 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster. From procurement to decommissioning, Park Place’s comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future.

Chris Adams, Park Place Technologies President and CEO, said SDV’s reputation and business practices make it an important addition for Park Place’s established Federal client base.

“We have been firmly entrenched in the Federal space and continue to foster long–term relationships at the highest levels,” Adams said. “The trust and unquestioned dedication SDV is known for will be joined with our mission to optimize government data center budgets, productivity, performance, and sustainability.”

SDV’s Channel partners will have access to Park Place’s decades–long platforms of partner incentives, Federal–adherent processes, U.S.–based supply chain and deeper depth of security–cleared field engineers.

“SDV and Park Place will do more than maintain current standards; we will strengthen our services and provide options that will solidify our place as the U.S. Government’s most–trusted data center maintenance and optimization firm,” McMahan said.

Agile Equity provided exclusive investment banking transaction services to SDV Solutions.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. Park Place’s industry–leading and award–winning services portfolio includes Park Place Hardware Maintenance™, Park Place Professional Services™, ParkView Managed Services™, Entuity Software ™ and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

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GLOBENEWSWIRE (Distribution ID 9079019)

The Coretec Group and Core Optics LLC Announce They Have Entered into a Definitive Share Exchange Agreement

The two companies bring together complementary technologies and industry end–user application via Core Optics’ proven commercial distribution in established and high growth sectors spanning automotive, consumer electronics, camera / display, and others dependent on advanced material innovation

ANN ARBOR, Mich., March 06, 2024 (GLOBE NEWSWIRE) — The Coretec Group, Inc. (OTCQB: CRTG) (the “Company”), developer of silicon anode active materials for lithium–ion batteries, and cyclohexasilane (CHS) for EV, cleantech, and 3D display technology, and Core Optics, LLC (“Core Optics”) announced today that they have entered into a definitive share exchange agreement pursuant to which, on the closing date, the Company is expected to acquire 100% of the membership interests of Core Optics, LLC and its subsidiaries which hold all its tangible assets and intellectual property across all its technologies and industry verticals. Subsequent to the closing of the transaction, the combined company will continue to operate under the name The Coretec Group, Inc. and trade under the ticker symbol CRTG, before pursuing uplisting to a senior exchange when it believes the combined company can satisfy initial listing requirements. The Closing of the transaction is subject to customary closing conditions.

Dr. Seonkee Kim will assume the title and responsibilities of Chief Executive Officer. In addition to Dr. Kim’s experience in the compact camera modules (CCM) industry, he has deep knowledge and experience in lithium–ion batteries, making him an ideal leader to further the Company’s Endurion program. He will be introduced along with additional board members and advisors on a shareholder call currently scheduled for March 14, 2024 at 10am ET. Further details for that conference call will be shared in coming days.  

Core Optics specializes in the design and fabrication of cutting–edge inspection and assembly machinery for the CCM industry. Core Optics has amassed a wealth of expertise and data pertaining to its testing algorithms, including the rights to over 30+ patents. With commercial products and sales channels in established industries that are also considered high–growth, including automotive and VR/AR, Core Optics has solidified its position as a market leader for providing pivotal process solutions.

Core Optics maintains numerous customer engagements with some of the top mobile device manufacturers in South Korea and throughout the world and with prominent automobile manufacturers including EV makers, as well as global commercial activity in other verticals. Core Optics is revenue producing via a CCM testing product line that has historically produced healthy profit margins, and maintains a pipeline of orders with an expected trajectory for high–growth.

Core Optics recently expanded its service scope to encompass the burgeoning Electric Vehicle (EV) market. This is one of the reasons that The Coretec Group’s proprietary technology is so complementary, as its Endurion battery development program markets to the same customer base. It represents a significant value proposition for Core Optics’ automotive business, facilitated by the Company’s existing sales channel and customer relationships. In addition, the advanced development of the Company’s C–Space volumetric display technology fits well within Core Optics’ prominent CCM and photonics business, in which its deep knowledge and expertise could further C–Space development.

Finally, the transaction would enable Core Optics to prominently enter North American markets, facilitating greater business activity between U.S. auto manufacturers and other potential high value customer segments.

“The Coretec Group is laser–focused on developing technologies that are attractive to end user customers, as well as larger manufacturing and distribution partners capable of taking the technology and rapidly scaling and deploying it,” said Matthew Kappers, CEO of The Coretec Group. “We have found that ideal partner in Core Optics, a group of innovators with a proven track record of establishing sales channels and customer relationships with prominent brands known across the globe. The synergies between the two companies are clear, particularly across the product niches in EVs, eVTOL, 3D Display, LiDAR, and auto manufacturing. We are confident that the merger between these two companies will further establish Core Optics’ commercial pipeline, increasing revenue and creating shareholder value.”

The Company will provide call access information via press release, corporate and investor websites, and social media in advance of the shareholder call and presentation. Please follow on X (formerly Twitter) at @CoretecGroupInc or the Company’s LinkedIn page.

About The Coretec Group

The Coretec Group, Inc., an Oklahoma corporation is an Ann Arbor, Michigan–based developer of engineered silicon and is using its expertise to develop silicon anodes for lithium–ion batteries that will charge faster and last longer. This program is called Endurion. Silicon has the theoretical ability to hold up to 10x the amount of lithium–ions as compared to traditional graphite. Through its proprietary micron and nanoparticle approach, Endurion is loading silicon into the battery anode. A modest increase in silicon will be a game changer that will revolutionize the EV market as well as other energy storage applications.

Additionally, the Company is using its engineered silicon to develop a portfolio of other energy– focused products, including solid–state lighting (LEDs), semiconductors, and printable electronics. Coretec continues to develop CSpace, its 3D volumetric display technology with a wide array of applications including LiDAR, medical imaging, automotive, and others.

For more information, please visit thecoretecgroup.com.

About Core Optics

Core Optics LLC, a Virginia limited liability company, runs its operations through its Korean subsidiary, Core Optics Co., Ltd. Core Optics Co., Ltd. was established in 2023 after acquiring a compact camera module testing equipment product line. It is renowned for its involvement in a high–value enterprise centered around the production and distribution of inspection equipment tailored for compact camera modules (CCM) used in smartphones and automobiles.

For more information, please visit https://www.coreoptics.us/

Follow The Coretec Group on:

Twitter – @CoretecGroupInc

LinkedIn – www.linkedin.com/company/24789881

YouTube – www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured 

Forward–Looking Statements

The statements in this press release that relate to the Company’s expectations with regard to the future impact on the Company’s results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.

Lindsay McCarthy

info@thecoretecgroup.com 

+1 (866) 916–0833

Media Contact:

Spencer Herrmann

FischTank PR

coretec@fischtankpr.com 

+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 9059095)

MCI enters Cape Town South Africa with the Acquisition of Cloud CX QA and BPO Provider BYC Aqua

MIAMI BEACH, Fla., Feb. 19, 2024 (GLOBE NEWSWIRE) — MCI BPO (MCI), a globally recognized leader in business process outsourcing (BPO) and customer experience (CX) solutions, today announces the acquisition of, BYC Aqua (BYC), a preeminent South African BPO and Call Center CX Quality Assurance (QA) technology and as–a–Service solution. The MCI acquisition furthers MCI's strategic expansion of MCI’s global footprint and enhancement of its tech offerings. The BYC acquisition includes BYC’s Byron Yeats Consulting division.

BYC, headquartered in Cape Town, South Africa, is a rapidly growing global BPO, delivering exceptional Quality–Assurance–as–a–Service (QAaaS) services to a diverse base of over 25 marquee South African, Australian, and United Kingdom enterprise clients. The integration of BYC into the MCI family of companies strengthens MCI's offerings by adding a robust QA technology, artificial intelligence (AI), and human capital services in over 150 languages, including all African regional languages.

Anthony Marlowe, CEO of MCI, expresses MCI’s enthusiasm of the BYC acquisition: “The addition of BYC Aqua to the MCI Group propels our global and technology mission forward in MCI’s ability to offer CX worldwide. BYC Aqua's established client base and exceptional proven performance provides both BYC and MCI clients access to a multi–decade and innovative delivery experience. The Cape Town based acquisition, a location requested by many MCI clients, opens the door to one of the most dynamic and growing CX BPO markets in the world, adding to MCI’s ever expanding multi–national footprint.”

This acquisition brings together MCI's innovative approach and BYC’s deep understanding of the region and substantial cloud offerings, including certain unique AI offerings. This MCI strategic move harnesses the tech–savvy and abundant talent pool that South Africa offers, bolstering MCI's capacity to serve its rapidly it’s marquee global customer base.

“BYC Acqua's dedication to tech–enabled business services, customer experience and quality assurance aligns perfectly with MCI's values and vision,” said Natasha Anthony, BYC Aqua General Manager. “Together, MCI and BYC are redefining the BPO landscape in Cape Town and beyond, offering both BYC’s existing and MCI’s clients a distinct competitive edge in terms of cost savings, competency, data security, performance, and proficiency.”

This acquisition, completed in 2023, successfully afforded clients of both MCI and BYC a seamless transition to now enhanced service offerings, integrating cutting–edge technology with world class customer satisfaction (CSAT). MCI’s acquisition and recent further expansion of BYC facilities ensures material capacity to meet the high demand of MCI’s English–speaking client base. With five million English speakers, and 50% youth unemployment, South Africa is poised to be a material frontier for CX BPO service delivery, and MCI by its BYC acquisition positions itself as a challenger in this growing market.

For further details on how MCI can reduce your call center costs, or for more information about MCI's comprehensive global capabilities, please visit https://www.mci.world/subsidiaries.

About MCI

MCI is an American multinational conglomerate holding company headquartered in Miami Beach, FL, USA. With a diverse lineup of tech–enabled business services MCI’s offering range from Artificial Intelligence (AI), Contact Center Business Process Outsourcing (BPO), Customer Experience (CX) solutions, and Anything–as–a–Service (XaaS) cloud technology applications. MCI organically grows, acquires, and operates companies with synergistic adjacent products and services portfolios. MCI includes service brands BPOaaS, BYC Aqua, Byron Yeats, GravisApps, Gravis Marketing, March East, Mass Markets, MCI BPO, MCI Federal Services, OnBrand24, Sydney Call Centre, Teletechnology, Valor Intelligent Processing, and Vinculum. For more information about the MCI Group, please visit www.mci.world.

Contact Information:
MCI
Email: info@mci.world
Website: www.mci.world


GLOBENEWSWIRE (Distribution ID 9039214)

BASF Environmental Catalyst and Metal Solutions (ECMS) completes acquisition of Arc Metal AB in Sweden

  • Acquisition adds smelting capability to serve spent automotive catalyst customers in Europe, Middle East and Africa
  • Complements ECMS’s global recycling operations and precious metal services
  • Broadens range of materials that can be processed by ECMS

ISELIN, N.J., Feb. 01, 2024 (GLOBE NEWSWIRE) — BASF Environmental Catalyst and Metal Solutions (ECMS) has completed the acquisition of Arc Metal AB in Hofors, Sweden. The asset purchase adds toll smelting and processing of spent automotive catalyst in Europe, Middle East and Africa (EMEA) and further complements ECMS’s existing global precious metal recycling operations in Cinderford, UK, Seneca and Spartanburg, South Carolina, and Caldwell, Texas, USA.

“We are thrilled to officially welcome our new colleagues with the successful acquisition of Arc Metal,” said Tim Ingle, Senior Vice President, Precious Metal Services and Recycling, ECMS. “Now we can turn our attention to growing our recycling business in EMEA by meeting increased customer demand for spent automotive recycling and utilizing our expanded capabilities to process high carbon containing materials, like silicon carbide found in spent automotive catalyst materials.”

The additional smelting capacity at the Sweden site will also increase utilization of new refinery capacity in Seneca, South Carolina. Recycled catalysts go through a smelting process and are then refined to produce the high purity precious metal needed to make new catalysts and other end use products, supporting a circular economy.

In addition, the acquisition bolsters ECMS’s ability to deliver its 100 percent recycled metal offering Verdium™, which is based on mass balance. Recycled platinum group metals can lower carbon emissions by up to 97 percent, in comparison to refining mined or primary materials1. One kilogram of Verdium saves over thirty metric tons of carbon, enabling customers to verify their carbon reduction, track progress to their sustainability goals and help lower their Scope 3 emissions. UL Solutions has provided independent, third–party validation of the physical chain of custody and mass balance accounting of Verdium.

To learn more about BASF’s recycling business, visit www.basf.com/ecms.

1 Source: Sphera Solutions GmbH (2022): GaBi Database Edition 2022, SP37

About BASF Environmental Catalyst and Metal Solutions
Leveraging its deep expertise as a global leader in catalysis and precious metals, BASF Environmental Catalyst and Metal Solutions (ECMS) serves customers in many industries including automotive, aerospace, indoor air quality, semiconductors, and hydrogen economy, and provides full loop services with its precious metals trading and recycling offering. With a focus on circular solutions and sustainability, ECMS is committed to helping our customers create a cleaner, more sustainable world. Protecting the elements of life is our purpose and this inspires us to ever–new solutions. ECMS operates globally in 15 countries with over 4,500 employees and 20 production sites.

Media Relations contact:
Betsy Arnone
Phone: +1 973–519–9808
betsy.arnone@basf–catalystsmetals.com


GLOBENEWSWIRE (Distribution ID 9030038)

Enovis Conclui Aquisição da LimaCorporate S.p.A

WILMINGTON, Del., Jan. 03, 2024 (GLOBE NEWSWIRE) — A Enovis™ Corporation (NYSE: ENOV, “Enovis” ou a “Empresa”) uma empresa de crescimento de tecnologia médica orientada para a inovação, anunciou hoje a conclusão da aquisição da LimaCorporate S.p.A. (“Lima”), uma empresa ortopédica de capital fechado líder global focada na restauração do movimento por meio de um portfólio inovador de soluções de implantes. 

A Lima fortalece a posição da Enovis no mercado global de reconstrução ortopédica com um portfólio complementar de soluções e tecnologias cirúrgicas comprovadas, que irão acelerar o crescimento global e a expansão da margem. Além disso, o portfólio da Lima inclui implantes de titânio trabecular impressos em 3D e uma oferta abrangente de revisão dos ombros, o que fortalecerá ainda mais a posição da Empresa no mercado em rápido crescimento de extremidades. 

“Estamos entusiasmados com a entrada da equipe tão talentosa da Lima para a Enovis. Esta união leva o segmento de reconstrução da Enovis a uma receita de US$ 1 bilhão e cria um inovador de rápido crescimento no mercado global de reconstrução ortopédica. Este é outro grande exemplo de como usamos aquisições estratégicas para acelerar nosso crescimento, adicionar grandes tecnologias e talentos à nossa empresa e gerar valor agregado para nossos acionistas”, disse Matt Trerotola, Presidente e Diretor Executivo da Enovis.

Sobre a Enovis Corporation
A Enovis Corporation (NYSE: ENOV) é uma empresa de crescimento de tecnologia médica voltada para a inovação, dedicada ao desenvolvimento de soluções clinicamente diferenciadas que geram resultados mensuráveis para o paciente e transformam os fluxos de trabalho. Concentrada em uma cultura de melhoria contínua, talento global e inovação, a extensa gama de produtos, serviços e tecnologias integradas da Empresa incentivam estilos de vida ativos nas áreas de ortopedia e além. As ações ordinárias da empresa são negociadas na Bolsa de Valores de Nova York sob o símbolo ENOV. Para mais informação sobre a Enovis, visite www.enovis.com

Declarações de Previsão
Este comunicado para a imprensa inclui “declarações de previsão definidas pelo EUA Private Securities Litigation Reform Act of 1995. Tais declarações de previsão incluem, mas não estão limitadas a, declarações sobre os planos, objetivos, expectativas e intenções da Empresa, e outras declarações que não são fatos históricos ou correntes. As declarações de previsão têm por base as expectativas atuais da Empresa e envolvem riscos e incertezas que podem fazer com que os resultados reais sejam diferentes dos resultados expressos ou implícitos em tais declarações de previsão. Os fatores que podem fazer com que os resultados da Empresa sejam substancialmente diferentes das expectativas atuais incluem, mas não estão limitados a, riscos e incertezas em relação aos respectivos negócios da Empresa e da Lima, fazendo com que os resultados reais sejam substancialmente diferentes. Esses riscos e incertezas incluem, mas não estão limitados aos efeitos da aquisição nas operações da Empresa e da Lima, incluindo a condição e desempenho financeiro futuro da empresa conjunta, resultados operacionais, estratégia e planos, incluindo tratamento fiscal antecipado, passivos imprevistos, despesas de capital futuras, receitas, despesas, ganhos, sinergias, desempenho econômico, endividamento, perdas, perspectivas futuras e estratégias de negócios e gerenciamento para a gestão, expansão e crescimento das operações da nova empresa conjunta; o impacto potencial da consumação da aquisição nos relacionamentos com clientes, fornecedores e outros terceiros; e os outros fatores detalhados nos relatórios da Empresa arquivados na Securities and Exchange Commission dos EUA (a “SEC”), incluindo seu Relatório Anual mais recente no Formulário 10–K e Relatórios Trimestrais subsequentes no Formulário 10–Q sob o título “Fatores de Risco”, bem como os outros riscos discutidos nos registros da Empresa na SEC. Além disso, as declarações de previsão tomam por base suposições que podem mudar. Este comunicado de imprensa é válido somente até a presente data. A Empresa se isenta de qualquer obrigação de atualizar as informações aqui contidas.

Contato de Relações com Investidores
Kyle Rose
Vice–Presidente, Relações com Investidores
Enovis Corporation
+1–917–734–7450
investorrelations@enovis.com

Contato com a Mídia
Katie Sweet
Vice–Presidente, Comunicações Corporativas
Enovis Corporation
Katie.sweet@enovis.com


GLOBENEWSWIRE (Distribution ID 9012121)

Enovis finalise l’acquisition de LimaCorporate S.p.A.

WILMINGTON, Delaware, 03 janv. 2024 (GLOBE NEWSWIRE) — Enovis™ Corporation (NYSE : ENOV, « Enovis » ou la « société ») une entreprise en pleine croissance dans le domaine des technologies médicales axée sur l’innovation a annoncé, ce jour, avoir finalisé l’acquisition de LimaCorporate S.p.A. (« Lima »), leader mondial privé dans le domaine de l’orthopédie qui s’efforce de rétablir l’émotion du mouvement grâce à une gamme innovante de solutions implantaires. 

Lima contribue à renforcer la position d’Enovis sur le marché mondial de la reconstruction orthopédique avec une gamme complémentaire de solutions et de technologies chirurgicales éprouvées, qui permettront d’accélérer la croissance mondiale et l’accroissement des marges. En outre, la gamme proposée par Lima comprend des implants trabéculaires en titane imprimés en 3D et une prothèse totale d’épaule, ce qui contribuera à renforcer encore davantage la position de la société dans le domaine en pleine croissance des extrémités. 

« Nous sommes ravis d’accueillir l’équipe talentueuse de Lima chez Enovis. Cette association porte le chiffre d’affaires du secteur de la reconstruction d’Enovis à 1 milliard de dollars, ce qui en fait un pionnier en pleine croissance sur le marché mondial de la reconstruction orthopédique. Il s’agit là encore d’un excellent exemple de notre utilisation des acquisitions stratégiques afin d’accélérer notre croissance, d’ajouter des technologies et talents d’exception à notre société et de générer une valeur composée pour nos actionnaires », a déclaré Matt Trerotola, Président et PDG d’Enovis.

À propos d’Enovis Corporation
Enovis Corporation (NYSE : ENOV) est une société en pleine croissance dans le domaine des technologies médicales axée sur l’innovation et le développement de solutions différenciées sur le plan clinique qui permettent de générer des résultats mesurables pour les patients et de révolutionner les flux de travail. Mue par une culture du dépassement perpétuel favorisant les talents internationaux et l’innovation, la large gamme de produits, de services et de technologies intégrées proposée par la société encourage des modes de vie actifs grâce à l’orthopédie et bien plus. Les actions ordinaires de la société sont cotées aux États–Unis à la Bourse de New York sous le symbole ENOV. Pour en savoir plus sur Enovis, consultez le site : www.enovis.com

Déclarations prospectives
Le présent communiqué de presse contient des déclarations prospectives, y compris des déclarations prospectives au sens de la loi américaine « Private Securities Litigation Reform Act » de 1995. Ces déclarations prospectives comprennent, sans s’y limiter, des déclarations concernant les plans, objectifs, attentes et intentions de la société ainsi que d’autres déclarations qui ne correspondent pas à des faits historiques ou actuels. Les déclarations prospectives sont fondées sur les attentes actuelles de la société et impliquent des risques et des incertitudes qui pourraient faire en sorte que les résultats réels diffèrent sensiblement de ceux exprimés ou impliqués dans ces déclarations prospectives. Les facteurs susceptibles de faire en sorte que les résultats formulés par la société diffèrent sensiblement des attentes actuelles incluent, sans s’y limiter, les risques et incertitudes concernant les activités respectives de la société et de Lima, et les résultats réels pourraient différer sensiblement. Ces risques et incertitudes incluent, sans s’y limiter, les effets de l’acquisition sur les opérations de la société et de Lima, y compris sur la situation financière et les performances futures de la société issue du regroupement, les résultats d’exploitation, la stratégie et les plans, y compris le traitement fiscal prévu, les dettes imprévues, les dépenses en capital futures, les revenus, les dépenses, les bénéfices, les synergies, les performances économiques, l’endettement, les pertes, les perspectives d’avenir et les stratégies commerciales et de direction pour la gestion, l’expansion et la croissance des opérations de la nouvelle société issue du regroupement ; l’impact potentiel de l’achèvement de l’acquisition sur les relations avec les clients, les fournisseurs et autres tiers ; et les autres facteurs détaillés dans les rapports de la société déposés auprès de la Securities and Exchange Commission (la « SEC ») des États–Unis, y compris son rapport annuel le plus récent sur le formulaire 10–K et ses rapports trimestriels ultérieurs sur le formulaire 10–Q sous le titre « Facteurs de risque », ainsi que les autres risques évoqués dans les documents déposés par la société auprès de la SEC. En outre, ces déclarations reposent sur des hypothèses susceptibles de changer. Ce communiqué de presse n’est valable qu’à la date des présentes. La société décline toute obligation de mettre à jour les informations contenues dans le présent document.

Contact relations avec les investisseurs
Kyle Rose
Vice–président, Relations avec les investisseurs
Enovis Corporation
+1–917–734–7450
investorrelations@enovis.com

Contact médias
Katie Sweet
Vice–présidente, Communications d’entreprise
Enovis Corporation
Katie.sweet@enovis.com


GLOBENEWSWIRE (Distribution ID 9012121)