Acronis Cyber Foundation Program and GoDaddy Pro announce the completion of school construction projects in Sierra Leone and Guatemala

The leading cyber protection company, with support from GoDaddy Pro, delivers improved infrastructure and boundless educational opportunities to over 645 students in underserved communities

Acronis and GoDaddy Pro TeamUp to create new schools

Acronis Cyber Foundation Program and GoDaddy Pro announce the completion of school construction projects in Sierra Leone and Guatemala

SCHAFFHAUSEN, Switzerland, April 17, 2023 (GLOBE NEWSWIRE) — The Acronis Cyber Foundation Program is proud to announce the completion of new school construction in Sierra Leone and Guatemala. In partnership with GoDaddy Inc. (NYSE: GDDY), the company that helps entrepreneurs thrive, both construction projects uphold the Program’s mission to help and empower children with modern educational infrastructure and learning environments.

The Barbara Junior Secondary School in Sierra Leone was completed in September 2022 and included the development of three separate buildings designed to maximize natural light and fresh air. The school is located in the village of Barbara in Sierra Leone’s Port Loko district, an agricultural region where most families have an income of less than $2 per day. Built with sustainable resources readily available in the immediate community including bamboo and interlocking brick masonry, the construction began in December 2021 with NGO partner Forikolo and is expected to be attended by over 120 pupils. The school features amenities to support disabled children, a hygiene room for girls, and the distribution of free hygiene products.

“These construction projects would not have been possible without the continued efforts of the Acronis Cyber Foundation Program and the extreme generosity of GoDaddy Pro,” said Patrick Pulvermueller, CEO, Acronis. “We work with tens of thousands of partners worldwide and over the past five years, we have successfully and positively impacted thousands of children together with our partners through the determinations of the Foundation. We are so thankful to our partners who have joined our mission to help those in underserved communities.”

In 2019, the Acronis Cyber Foundation Program, Cloudfest and NGO partner Esperanza e.V. built five new classrooms to extend the existing Escuela Oficial Urbana Mixta San Antonio School in Guatemala. Prior to the Program’s involvement, the school’s 525 students shared just 10 classrooms which led to significant overcrowding. GoDaddy Pro joined the initiative in 2021 and helped fund the latest construction project which includes remodeling and expanding three classrooms of the current facility, four additional classrooms, and proper stairs. The next goal for the school in San Antonio, Guatemala will be the development of a modern computer classroom that will allow students to optimize educational resources.

“These projects align with GoDaddy’s mission to make opportunity more inclusive for all. The successful completion of these projects provides communities with the educational resources they need and deserve,” said Paul Bindel, President of GoDaddy Partners. “We’re proud our efforts and partnership with Acronis created momentum in these communities and gave these students a chance at a formal, modern education.”

Founded in 2018, the Acronis Cyber Foundation Program has been strongly dedicated to education by funding school construction and bringing IT skills training to communities around the globe. In addition to building 18 schools and seven computer classrooms, the Program has engaged in educational projects with over 19,000 people participating in Acronis IT Skills Programs worldwide. It has brought humanitarian aid to more than 5,000 persons in underserved communities.

The Acronis Cyber Foundation Program is focused on partnering with other organizations to help make a difference. Acronis invites all businesses, large or small, to engage in joint projects. For partners wanting to develop their own community development plans, the Program can also help in supporting other initiatives. To join our mission, please visit: www.acronis.org.

To learn more about our partnership with GoDaddy Pro, check out our latest blog herehttps://www.acronis.com/en-us/blog/posts/the-acronis-cyber-foundation-program-and-godaddy-pro-announce-school-construction-partnership

Visit Acronis.org for up-to-date information on past and present Acronis Cyber Foundation Program projects and initiatives. https://acronis.org/2023/04/acronis-and-godaddy-pro-partnership-empowering-650-children-to-study/

About Acronis
Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions powered by AI. With advanced anti-malware powered by cutting-edge machine intelligence and blockchain based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on premises – at a low and predictable cost.

Acronis is a Swiss company, founded in Singapore. Celebrating two decades of innovation, Acronis has more than 2,000 employees in 45 locations. Acronis Cyber Protect solution is available in 26 languages in over 150 countries and is used by 18,000 service providers to protect over 750,000 businesses.

Press Contacts:
Julia Carfagno
Julia.Carfagno@acronis.com

Karl Bateson
Karl.Bateson@acronis.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6465ac24-689e-4ed9-911d-1ba9597f7eb2

GlobeNewswire Distribution ID 8808622

Philips at HIMSS 2023: Enterprise Informatics central to solving productivity, staff and patient experience challenges

April 17, 2023

Amsterdam, the Netherlands and Chicago, USA – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today highlighted the central role that Enterprise Informatics plays in its efforts to enable care providers to concentrate their limited resources on achieving better outcomes for patients. By providing software and hardware solutions that work together seamlessly across care settings, workflows, and across vendors, the company’s solutions showcased at HIMSS23 utilize clinical and operational data to enhance productivity, streamline processes and improve results.

“Digitization has unleashed a flood of data that presents a huge opportunity but is also overwhelming clinicians, nurses, and administrators,” said Shez Partovi, Chief Innovation & Strategy Officer and Business Leader Enterprise Informatics at Philips. “Focusing on the clinicians, doctors, nurses and others caring for patients, we apply technology to extract the signal from the noise, to provide the right data at the right time, all with the aim of reducing the pressure these carers are under and helping them to deliver better patient outcomes.”

Unlocking enterprise-wide, actionable insights at scale to improve outcomes
From integrated imaging, digital pathology and genomics through monitoring and therapies, Philips’ informatics solutions liberate and connect data for clinical confidence, predictive insights and more efficient operations. Philips’ latest AI-enabled, interoperable and cloud-based enterprise informatics solutions featured at HIMSS include the following key areas of focus:

Integrated diagnostics: By delivering more efficient connected workflows, such as embedded reporting and AI powered applications to eliminate manual processes, Philips’ diagnostic informatics help deliver greater diagnostic precision, reduced staff workload and variability, increased productivity, and an enhanced clinician experience. At HIMSS23 Philips is highlighting its integrated diagnostics partnership with Saint-Joseph Hospital & Marie-Lannelongue Hospital to improve personalized cancer care.

Hospital and acute care: Hospital virtual careacute care management and Philips Capsule Surveillance solutions provide flexible enterprise-wide capabilities, supporting clinician mobility, data sharing, predictive analytics, alarm management, plus system integration across hospital and critical care patient journeys. For example, Northwell Health recently adopted Philips’ patient monitoring platform to drive integration and innovation for a better patient and staff experience and improved outcomes.

Out-of-hospital and ambulatory care: Philips Virtual Care Management can help reduce pressure on hospital staff by decreasing emergency department visits by an average of 38%, as well as potential savings in the cost of care through better management of chronic disease [1][2]. The combination of hospital and cardiac ambulatory monitoring help to create a powerful ecosystem of home-to-hospital and hospital-to-home care that allows clinicians to proactively diagnose and manage their patients.

Care management and operations: Imaging orchestration, enterprise performance analytics, and hospital virtual care solutions unite data, surveillance, and people to support healthcare organizations in making clinical, financial, and operational improvements. For example, Philips Imaging Orchestrator – ROCC a vendor-neutral, multi-modality, multi-site telepresence solution provides advanced tele-acquisition capabilities and seamlessly connects imaging experts at a command center with technologists at scanners across locations.

Philips at HIMSS23
Today at HIMSS, Philips also announced that it is joining forces with AWS to bring Philips HealthSuite Imaging PACS to the cloud and advance AI-enabled tools in support of clinicians.
Throughout the week, Philips will host forum sessions in its booth, featuring presentations from Philips executives, customers and industry leaders, for the full program please visit here. The latest Future Health Index, a global report commissioned by Philips and based on proprietary research exploring how healthcare leaders are harnessing the power of data and digital technology news, will also be introduced during the event.

Join Philips in person at HIMSS23 at booth #901 or visit Philips’ virtual informatics experience and follow @PhilipsLiveFrom for #HIMSS23 updates throughout the event.

[1] Magee MF, Baker KM, Fernandez SJ, et al. Redesigning ambulatory care management for uncontrolled type 2 diabetes: a prospective cohort study of the impact of a Boot Camp model on outcomes. BMJ Open Diabetes Res Care. 2019;7(1):e000731. Published 2019 Nov 13. doi:10.1136/bmjdrc-2019-000731.
[2] A Diabetes Care Management Program for uncontrolled type 2 diabetes in a predominantly African American population amortized over the study cohort due to reduced risk of all factors hospitalization after 90 days compared to usual care.

For further information, please contact:

Anna Hogrebe
Philips Global Press Office
Tel.: +1 416 270 6757
Email: anna.hogrebe@philips.com

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2022 sales of EUR 17.8 billion and employs approximately 77,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

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GlobeNewswire Distribution ID 1000804323

Miovision’s global ambitions attract $260M investment

Led by TELUS Ventures, Maverix and EDC, this funding will enable the company to become a global leader in the growing market for smart city solutions

KITCHENER, Ontario, April 17, 2023 (GLOBE NEWSWIRE) — Miovision, a leading provider of intelligent transportation solutions that enable cities to reduce traffic congestion and vehicle emissions while improving public safety, announced today it has raised $260M in growth funding in a round co-led by TELUS Ventures, Maverix Private Equity and Export Development Canada (EDC).

“This investment will enable Miovision to continue to develop our platform and quickly integrate new acquisitions, including our recent acquisition of Global Traffic Technologies (GTT), building on the momentum the company has achieved over the last 18 months with the acquisitions of Traffop, Rapid Flow and MicroTraffic,” said Miovision CEO Kurtis McBride. “These acquisitions are helping Miovision rapidly add new applications that we can deliver via our network of devices at the roadside and intersection, reducing the upfront cost of deploying data-driven solutions that can help cities make their transportation networks safer and cleaner while supporting broader urban planning objectives.”

“Having led the previous round of funding, we’re impressed with how Miovision has executed its growth strategy over the past three years,” said Mario Mele, Vice-president, TELUS Ventures. “TELUS is focused on leveraging its 5G network and Miovision technologies to create transformational intelligent traffic and connected vehicle solutions. This will help build safer, greener and more efficient cities and will pave the way for the future of transportation including, by optimizing traffic light control, enabling drivers to avoid traffic jams or clearing the way for emergency vehicles to quickly reach an emergency event.”

“The challenges around urban mobility will be solved by data, not asphalt,” said Mark Maybank, Co-Founder and Managing Partner, Maverix Private Equity. “Miovision is developing a platform that is helping cities get smarter – enabling them to measure and manage all aspects of urban mobility and address pressing concerns in fast-growing municipalities. This results in greater safety, reduced transit times, prioritization for first responders, and significant cost efficiencies compared to the outdated analog traffic systems.”

“Miovision continues to be a strong Canadian growth story in the urban mobility space, equipping cities worldwide with solutions that enable safer, greener and less congested streets,” said Guillermo Freire, Senior Vice-President Mid-Market, EDC. “EDC is committed to helping build the next generation of Canadian global champions and we are excited to continue our longstanding partnership with Miovision – through both financial and non-financial solutions – as it continues to scale into a true global leader in this sector.”

With this funding, Miovision will accelerate organic and inorganic growth initiatives, as well as increase investment in product development.

About Miovision
Miovision enables cities to reduce traffic congestion and vehicle emissions while improving public safety through scalable intelligent transportation solutions.

Our AI-powered platform helps communities improve traffic efficiency at the intersection and make roads safer for all types of road users – vehicles, bicycles and pedestrians.

Miovision is headquartered in Kitchener, Canada, and has offices in Germany, Serbia, and the US. Since 2005, Miovsion’s systems have detected over 30 billion vehicles and 1.5 billion pedestrians, assisting nearly 2,000 customers in 63 countries. For more information, visit miovision.com.

About TELUS Ventures
As the strategic investment arm of TELUS Corporation (TSX: T, NYSE: TU), TELUS Ventures is one of Canada’s most active corporate venture capital funds. TELUS Ventures invests globally in companies from Seed to Pre-IPO with a focus on innovative technologies such as AgTech, Digital HealthTech, Consumer Connectivity, IoT, 5G, and Business Enablement Platforms to actively drive new solutions across the TELUS ecosystem. Led by a team of experienced operators, investors and executives, the Ventures team is passionate about creating positive social impact through financial tools and has invested in more than 100 companies since inception. For more information please visit ventures.telus.com.

About Maverix Private Equity
Maverix Private Equity is a Toronto-based private equity firm. It is led by an experienced and talented team with the background, network and track record necessary to successfully execute on an investment strategy of technology-enabled growth and disruption. Maverix is currently investing out of its inaugural fund, the Maverix Growth Equity Fund I. Maverix targets North American companies with rapidly growing revenue and evidence of a profitable business model. To learn more about Maverix Private Equity, please visit maverixpe.com.

About Export Development Canada
Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. EDC has the financial products and knowledge Canadian companies need to confidently enter new markets, reduce financial risk and grow their business as they go from local to global. Together, EDC and Canadian companies are building a more prosperous, stronger and sustainable economy for all Canadians. For more information and to learn how we can help your company, call us at 1-800-229-0575 or visit www.edc.ca.

Media Contact

Tony Florio
Director, Communications
Miovision
media@miovision.com
miovision.com

GlobeNewswire Distribution ID 8808813

Miovision acquires Global Traffic Technologies (GTT)

Fourth acquisition brings traffic signal priority solution to the Miovision platform

ST. PAUL, Minn., April 17, 2023 (GLOBE NEWSWIRE) — Miovision, whose scalable intelligent transportation solutions help cities reduce traffic congestion while improving safety, has acquired Global Traffic Technologies (GTT).

GTT, whose Opticom product line is a market-leading emergency pre-emption and traffic signal priority solution, was one of eight operating companies within the Vontier Corporation, who sold the company to Miovision for US$107 million.

“We’re excited to welcome the team behind GTT’s market-leading priority control solution to Miovision,” said Miovision CEO Kurtis McBride. “By providing green light priority, Opticom can reduce emergency response times by up to 25% and emergency vehicle crashes at the intersection by up to 70% while improving the on-time efficiency of public transit. This acquisition builds on our existing product partnership with GTT and allows us to fully integrate GTT’s solution onto the Miovision platform.”

“Becoming part of Miovision will give our customers access to an expanded suite of solutions for improving safety and optimizing urban transportation,” said Global Traffic Technologies President Terry Griffith. “Further integrating our solution within the Miovision platform will accelerate development and ensure continued improvement of our priority control solution for transit and emergency responders.”

“Miovision is an excellent strategic fit for GTT and this combination will undoubtedly enable both companies to better serve their customers long-term,” said Mark Morelli, President and Chief Executive Officer at Vontier.

GTT customers will continue to be supported by Miovision. The addition of GTT brings the total number of intersections in which Miovision has a presence in North America to nearly 100,000.

Under the terms of the deal, GTT staff will become Miovision employees. With the previous acquisitions of US-based Traffop and Rapid Flow and Miovision’s US-based president and CFO, this brings the company’s presence in the US – a key market – to over 100 people.

About Miovision:
Miovision enables cities to reduce traffic congestion and vehicle emissions while improving public safety through scalable intelligent transportation solutions.

Our AI-powered platform helps communities improve traffic efficiency at the intersection and make roads safer for all types of road users – vehicles, bicycles and pedestrians.

Miovision is headquartered in Kitchener, Canada, and has offices in Germany, Serbia, and the US. Since 2005, our systems have detected over 30 billion vehicles and 1.5 billion pedestrians, assisting nearly 2,000 customers in 63 countries. For more information, visit miovision.com.

About Global Traffic Technologies (GTT)
Global Traffic Technologies is the most trusted name in the traffic management industry, with a 58-year history of unrivaled innovation and leadership. Opticom, its flagship product, dominates the market as the world’s leading provider of priority control solutions, with the largest breadth of deployment in North America – nearly 180,000 intersections and vehicles enabled. These impressive statistics reflect the unwavering reliability and unmatched effectiveness of Opticom’s technology.

About Vontier
Vontier is a global industrial technology company uniting critical mobility and multi-energy technologies and solutions to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier enables the way the world moves – delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement built upon the foundation of the Vontier Business System and embraced by over 8,500 colleagues worldwide. Additional information about Vontier is available on the Company’s website at www.vontier.com.

Media Contact

Tony Florio
Director, Communications
Miovision
media@miovision.com
miovision.com

GlobeNewswire Distribution ID 8808823

Philips joins forces with AWS to bring Philips HealthSuite Imaging PACS to the cloud and advance AI-enabled tools in support of clinicians

April 17, 2023

  • Market-leading Philips PACS is now available on AWS for industry-leading availability, reliability, security, and AI-supported workflow enhancements
  • Expansion of the collaboration with AWS will support the development and deployment of generative AI applications that further support efficient clinical workflows and enhance diagnostic capabilities

Amsterdam, the Netherlands and Chicago, USA – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology today announced the availability of Philips HealthSuite Imaging on Amazon Web Services (AWS). Additionally, Philips and AWS will build on their relationship, advancing AI in healthcare by applying Foundation Models using Amazon Bedrock to accelerate the development of cloud-based generative AI applications that will provide clinical decision support, help enable more accurate diagnoses, and automate administrative tasks.

The availability of Philips HealthSuite Imaging on AWS is a new addition to Philips’ broad capabilities in enterprise informatics, enabling improved image access speeds, reliability, and data orchestration for radiologists and clinicians across the entire imaging workflow – from diagnosis to therapy selection, treatment and follow-up. Clinicians will be able to access the latest innovations from any location, and healthcare organizations can reduce costs previously invested in on-premises hardware or data centers to host their image management platform.

Philips can help clinicians manage growing workloads amidst staff shortages and speed time to diagnosis and treatment, enhancing patient outcomes. Philips HealthSuite Imaging will use Amazon HealthLake Imaging to increase scale, deliver fast time to first image, enable easy re-use of images for Machine Learning and research, and reduce medical imaging costs.

Philips will also use Amazon Bedrock as part of its efforts to develop generative AI applications to advance PACS image processing capabilities and simplify clinical workflows and voice recognition. Amazon Bedrock will enable Philips to develop Machine Learning-based applications quickly and reduce model development costs versus building Foundational Models (FMs) from scratch or running multiple task-specific model development efforts.

“With healthcare systems under increasing pressure, the focus of clinicians’ has shifted from technical specifications towards more efficient workflows that lead to accurate diagnoses – and that’s what we are delivering here,” said Shez Partovi, Chief Innovation & Strategy Officer and Business Leader Enterprise Informatics at Philips. “By shifting from on-premises to the cloud, we can leverage the security, reliability, and unmatched breadth and depth of AWS to support healthcare organizations in their mission to deliver high quality care while easing the burden on their staff.”

“Healthcare organizations are looking for ways to decrease operational costs, improve health data interoperability, and enable data-driven decision making for clinicians to improve access to quality patient-centered care,” said Swami Sivasubramanian, vice president of database, analytics, and machine learning at AWS. “Through democratizing access to generative AI and applying FMs to help support clinical decision-making, increase diagnostic accuracy, and automate administrative tasks, AWS will continue to support Philips as they uncover new ways to simplify radiologists’ workflow and reduce cognitive burden and clinician burnout.”

Philips and AWS provide migration expertise and planning services, total-cost-of-ownership analysis, and cybersecurity technical expertise to enable an easy migration from on-premises to cloud-based solutions for customers.

To learn more about Philips’ enterprise informatics portfolio, join Philips in person at HIMSS23 at booth #901 or visit Philips’ virtual informatics experience and follow @PhilipsLiveFrom for #HIMSS23 updates throughout the event.

For further information, please contact:

Anna Hogrebe
Philips Global Press Office
Tel.: +1 416 270 6757
Email: anna.hogrebe@philips.com

Joost Maltha
Philips Global Press Office
Tel: +31 6 10 55 8116
Email: joost.maltha@philips.com

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2022 sales of EUR 17.8 billion and employs approximately 77,000 employees with sales and services in more than 100 countries. News about Philips can be found at http://www.philips.com/newscenter.

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GlobeNewswire Distribution ID 1000804279

Samsung Bioepis Releases its First US Biosimilar Market Report, Providing Insights on Pricing Trends and Usage Across Molecules

  • To be published on quarterly basis, with updated average sales price (ASP) and National Average Drug Acquisition Cost (NADAC) trends
  • Biosimilars continue to play a crucial role in driving down healthcare costs

INCHEON, Korea, April 17, 2023 (GLOBE NEWSWIRE) — Samsung Bioepis Co., Ltd. today released the first edition of its Biosimilar Market Report which explores latest market trends for all biosimilars commercially available in the United States. The first quarterly report details the most recent price trends of all molecules for which biosimilars have launched, along with insights into interchangeability of biosimilars.

“The first edition of Biosimilar Market Report from Samsung Bioepis reveals that market competition stimulated by the introduction of biosimilars in the US has contributed to significant price reductions in the biologics market. However, the level of biosimilar usage varies by molecule, with some still taking less than 50% of the market share. This indicates that there is still room for greater cost savings in therapeutic areas such as supportive care, immunology, and ophthalmology,” said Tom Newcomer, Vice President, Head of Market Access, US, at Samsung Bioepis. “Biosimilars continue to play a crucial role in driving down healthcare costs in the US and we hope this report provides an insightful context into the forefront of the US biosimilar market landscape,” he added.

The key findings of the Report are as follows:

  • Increased biosimilar usage is correlated to lower cost, with oncology (trastuzumab, bevacizumab, rituximab) biosimilars being more price sensitive than supportive care (filgrastim, pegfilgrastim, epoetin alfa) or immunology (infliximab).
  • On average, biosimilars gained 53% market share three years after their initial launch. Oncology and pegfilgrastim have seen faster acceptance (75%) of biosimilars compared to other therapeutic areas.
  • Biosimilar launches have led to significant price decreases over time. ASPs declined 41% on average three years after first biosimilar launch. ASPs for oncology biosimilars experienced the steepest decline, with each dropping over 50% in the first three years after biosimilar launch.
  • Insulin glargine and adalimumab categories reflect recent pricing practices such as unbranded biologics and high/low wholesale acquisition cost (WAC) options. The report analyzes national average drug acquisition costs (NADAC) for products under the pharmacy benefit, whose findings indicate the potential for deep discounts and savings in insulin and adalimumab classes.1

Going forward, Samsung Bioepis Biosimilar Market Report will be published every quarter after the Center of Medicare, Medicaid Services (CMS) publishes updated ASP values for each product. To access the full report, please visit https://www.samsungbioepis.com/upload/attach/SB+Biosimilar+Market+Report+Q2+2023.pdf.

About Samsung Bioepis Co., Ltd.

Established in 2012, Samsung Bioepis is a biopharmaceutical company committed to realizing healthcare that is accessible to everyone. Through innovations in product development and a firm commitment to quality, Samsung Bioepis aims to become the world’s leading biopharmaceutical company. Samsung Bioepis continues to advance a broad pipeline of biosimilar candidates that cover a spectrum of therapeutic areas, including immunology, oncology, ophthalmology, hematology, and endocrinology. For more information, please visit: www.samsungbioepis.com and follow us on social media – Twitter, LinkedIn.

References:

1 There is no ASP data publicly available for products under the pharmacy benefit, so NADAC was used to analyze the net price of products under the pharmacy benefit.

MEDIA CONTACT

Anna Nayun Kim, nayun86.kim@samsung.com

Jane Chung, ejane.chung@samsung.com

GlobeNewswire Distribution ID 8808799

Descartes eBookings for Ocean Shipment Management Now an SAP Endorsed App Available on SAP® Store

ATLANTA and LIER, Belgium, April 17, 2023 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), announced today that the Descartes eBookings for Ocean Shipment Management solution is now an SAP Endorsed App, available for online purchase on SAP® Store. SAP Endorsed Apps are a category of solutions from SAP’s partner ecosystem that help customers become best-run, intelligent enterprises. Endorsed apps are meant to deliver value with desired outcomes.

“We’re delighted to announce that Descartes eBookings for Ocean Shipment Management is an SAP Endorsed App,” said Kenneth Wood, Executive Vice President, Product Management at Descartes. “The ability of Descartes eBookings for Ocean Shipment Management to connect carriers across the globe and transform shipment data helps manufacturers, retailers and distributors digitize their supply chain operations.”

SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing and measurements against benchmarks results. Descartes eBookings for Ocean Shipment Management is part of the Descartes Global Logistics Network™ and is integrated with the SAP Logistics Business Network. The combination expands customers’ ocean shipment management capabilities, uniting multiple parties and processes together from the contract to booking phase through the tracking and financial settlement lifecycle. Descartes eBookings for Ocean Shipment Management is a cloud-based, proven solution that enhances SAP TM via SAP Business Network Freight Collaboration to execute bookings and provide shipment status visibility information.

“Ecosystem innovations are essential to SAP’s vision and delivery of the intelligent enterprise for SAP customers,” said Darryl Gray, Global Vice President, Software Partner Solution Monetization & Success at SAP. “We applaud Descartes on achieving SAP Endorsed App status for the Descartes eBookings for Ocean Shipment Management solution. Partners like Descartes are positioned to help us deliver a cloud-first strategy with integrated innovations, proven to provide value while solving key business challenges.”

The Descartes eBookings for Ocean Shipment Management solution is available for digital discovery and purchase at SAP Store, the digital marketplace for solutions from SAP and its partners. SAP Store provides customers with real-time access to more than 2,000 innovative solutions from SAP as well as partner solutions that complement and extend their SAP applications, enabling digital transformation of their business.

About Descartes

Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security, and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

Global Media Contact
Cara Strohack
Tel: +1(800) 419-8495 ext. 202025
cstrohack@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

GlobeNewswire Distribution ID 8808217

Bright Peak Presents New Data at AACR: BPT567 A First-in-Class Multifunctional PD1-IL18 Immunocytokine

– Designed to deliver coordinated blockade of PD-1/PD-L1 pathway with targeted, enhanced IL-18 signaling to critical antitumor effector cells –

– T cells co-expressing PD-1 and IL-18 receptors are highly enriched in the tumor microenvironment (TME) versus peripheral blood, providing rationale for tumor-selective targeting with BPT567 –

– Marked expansion of CD8+ T-cells and reduction of regulatory T-cells, with mediation of tumor regression via CD8+ T-cell dependent mechanism(s) –

SAN DIEGO and BASEL, Switzerland, April 17, 2023 (GLOBE NEWSWIRE) — Bright Peak Therapeutics, a biotechnology company developing multifunctional precision immunotherapies for cancer and autoimmune disease, today announced the presentation of new data characterizing the highly targeted biological and therapeutic effects of BPT567 that contribute to its potent single agent anti-tumor activity at the American Association for Cancer Research (AACR) Annual Meeting being held on April 14-19, 2023, in Orlando, FL.

Bright Peak has leveraged its world-class protein engineering capabilities to functionally optimize the master cytokine IL-18, creating an IL-18 binding protein-resistant molecule with enhanced affinity for the IL-18 receptor, and integrate it with PD-1 checkpoint blockade to create a first-in-class PD1-IL18 immunocytokine, BPT567. “BPT567 is designed to coordinately engage antigen-experienced Teff cells that are known to co-express both PD-1 and the IL-18 receptor. These T-cells have been reported to be highly cytotoxic and enriched in the tumor microenvironment, and as a PD1-IL18 immunocytokine, BPT567 is uniquely targeted to these cells,” said Jon Wigginton, M.D., President of Research and Development of Bright Peak Therapeutics. “Upon further characterization of the biological activity of BPT567 in preclinical tumor models, we found that it was indeed able to more selectively target the potent pro-inflammatory effects of IL-18 to the tumor with limited activation of immune cells in the periphery. It is anticipated that this could ultimately contribute to an improved risk-benefit profile for BPT567 in the clinical setting.”

Details regarding the upcoming AACR abstract presentations are as follows:

April 17, 2023, 9:00 AM – 1:30 PM (EST)
Poster 1850: A First-in-Class PD1-IL18 Immunocytokine (BPT567) Targets PD-1+ IL18R+ CD8+ T Effector Cells Enriched in the Tumor Microenvironment and Exhibits Potent Antitumor Efficacy With Excellent Tolerability

Abstract Highlights: Bright Peak’s unique protein engineering and chemical conjugation platform enables the generation of immunocytokines (ICs) via rapid and site-specific conjugation of optimized cytokines to the Fc domain of existing human antibodies. IL-18 is a master proinflammatory and antitumor cytokine that integrates and stimulates both innate and adaptive immunity and activates antigen-experienced T cells marked by IL-18 receptor (IL-18R) expression, making it an ideal payload to generate an oncology IC. BPT567 is a multifunctional, PD-1 targeted IL-18 based IC consisting of an optimized IL-18 payload with enhanced affinity for IL-18R and significant resistance to the neutralizing factor IL-18 binding protein (IL-18BP), then conjugated to a clinical stage anti-human PD-1 antibody (lipustobart). BPT567 is designed to deliver coordinated PD-1/PD-L1 blockade and IL-18 signaling to the same cell (cis-signaling), with targeting and activation of PD-1+ IL-18R+ (“double-positive”) CD8+ T cells that have been reported to be highly cytotoxic and enriched in the tumor microenvironment (TME).

BPT567 demonstrated significantly greater stimulation of IL-18 induced IFNγ release on PD-1high versus PD-1low immune cells in vitro, consistent with cis-signaling-mediated enhancement of potency. In pharmacodynamic (PD) studies performed on MC38 tumor-bearing transgenic mice expressing human PD-1, significant expression of both PD-1 and IL-18R was detected in T cells within the tumor, whereas immune cell populations in the blood expressed low levels of either PD-1 or IL-18R but not both. Detailed characterization revealed that enrichment of simultaneous PD-1 and IL-18R expression occurred principally within CD8 and CD4 memory T cells within the tumor. Accordingly, after BPT567 administration, marked expansion of CD8+ effector memory cells was observed within the tumor with minimal expansion in the blood, while the proportion of regulatory T cells (Tregs) was significantly suppressed in the tumor and unchanged in the blood. Concurrent with these changes in the composition of tumor-infiltrating lymphocytes, BPT567 induced significant release of proinflammatory cytokines within the tumor, including IFNγ, TNF, and GM-CSF, with a far lower extent of cytokine release in the periphery. In preclinical tumor models, administration of BPT567 mediated synergistic antitumor activity that was superior to anti-PD-1 alone, a control non-targeted HER2 IL-18 IC, or the combination of anti-PD-1 and non-targeted IL-18 IC. All mice that were cured of their initial tumors rejected rechallenge with MC38 implantation, confirming the development of long-term immunologic memory induced by BPT567.

The abstract will be made available for viewing on Bright Peak’s website upon presentation at the AACR 2023 Annual Meeting (www.brightpeaktx.com).

About Bright Peak Therapeutics

Bright Peak Therapeutics is a biotechnology company advancing a portfolio of multifunctional immunotherapies for the treatment of patients with cancer and autoimmune disease. We accomplish this by leveraging our world class protein engineering capabilities and our unique cell-free technology platform to chemically synthesize and conjugate novel protein therapeutics that reflect state-of-the-art insights into cytokine and immune checkpoint biology. Our pipeline stretches from discovery to IND-enabling and encompasses antibody-cytokine conjugates and other novel formats. Bright Peak is based in Basel, Switzerland and Del Mar, CA and is funded by a syndicate of leading healthcare investors.

Contact: info@brightpeaktx.com

GlobeNewswire Distribution ID 8808503

ZeroFox to Acquire LookingGlass, Broadening Global Attack Surface Intelligence Capabilities

Deal strengthens ZeroFox’s External Cybersecurity Platform with industry-leading attack surface management (EASM) and threat intelligence capabilities

WASHINGTON, April 17, 2023 (GLOBE NEWSWIRE) — Today, ZeroFox (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity announced a definitive agreement to acquire LookingGlass Cyber Solutions, Inc., a leader in external attack surface management and global threat intelligence. In today’s digital-first world, the rapidly expanding external attack surface has become a veritable playground for cybercriminals and nation-state actors alike, posing an ever-growing threat to enterprise and public sector organizations worldwide. Integrating LookingGlass’s industry-leading attack surface and threat intelligence capabilities into the ZeroFox External Cybersecurity Platform will enable our customers to build a robust security posture by providing world-class visibility into external attack surface assets and vulnerabilities, including improved actionable intelligence to disrupt emergent threats.

As organizations embrace digital transformation, the same externally-available digital platforms these organizations use to do business are equally available to malicious actors, creating new opportunities for exploitation. This escalating threat landscape underscores the urgent need for organizations to adopt comprehensive security strategies emphasizing proactive monitoring, continuous assessment, and remediation of their public attack surface vulnerabilities to defend against the mounting challenges of persistent cyber adversaries.

“The acquisition of LookingGlass is a natural extension of our strategy to provide our customers with a single end-to-end platform for protecting their external attack surface from increasingly sophisticated cyberattacks,” said James C. Foster, Chairman and CEO of ZeroFox. “We are bringing together passionate teams that have been partners for years, and proven world-class capabilities across attack surface management, digital risk protection, threat intelligence and breach response to continue our leadership in external cybersecurity.”

With one of the most comprehensive internet-facing attack surface intelligence data lakes, LookingGlass empowers public sector organizations, large enterprises, and industry security alliances at scale by providing extensive discovery, intelligence and cyber defense capabilities. These unique capabilities allow organizations to identify and assess threats in support of remediation strategies against the most sophisticated cyberattacks. The combination of intelligence and action enables some of the world’s largest organizations to inform their security teams about cyber risks ahead of full-fledged attacks.

“The mission at LookingGlass is to protect our customers by providing unmatched attack surface intelligence for global threat visibility and cyberattack disruption,” said Bryan Ware, CEO of LookingGlass. “Joining ZeroFox allows us to expand the capabilities we provide security teams to defend against cybercriminals and nation-state actors.” Ware, a cybersecurity industry veteran, former Assistant Director of CISA at the Department of Homeland Security, the Nation’s cyber defense operations lead, will join the ZeroFox executive team as part of the transaction.

Transaction Details

Under the terms of the agreement, ZeroFox will acquire LookingGlass for approximately $26 million, primarily in stock (9.4 million shares), combined with convertible debt and cash, subject to purchase price adjustments and performance earnouts. The acquisition is expected to close within the next 30 days. ZeroFox will provide additional guidance during the Q1 FY24 earnings call.

Stifel Financial Corp. served as exclusive financial advisor to ZeroFox on the transaction.

Investor Conference Call Information

ZeroFox will host a conference call to discuss the acquisition today April 17, 2023 at 8:30 a.m. Eastern Time. To access this call via webcast, please use this link: ZeroFox Business Update. The live webcast and a webcast replay of the conference call can be accessed from the investor relations page of ZeroFox’s website at https://ir.zerofox.com.

Learn More

To learn more about ZeroFox solutions, visit our website. Bookmark the ZeroFox Blog to keep up with our expert coverage on the latest in External Cybersecurity.

About ZeroFox

ZeroFox (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, has redefined security outside the corporate perimeter on the internet, where businesses operate, and threat actors thrive. The ZeroFox platform combines advanced AI analytics, digital risk and privacy protection, full-spectrum threat intelligence, and a robust portfolio of breach, incident and takedown response capabilities to expose and disrupt phishing and fraud campaigns, botnet exposures, credential theft, impersonations, data breaches, and physical threats that target your brands, domains, people, and assets. Join thousands of customers, including some of the largest public sector organizations as well as finance, media, technology and retail companies to stay ahead of adversaries and address the entire lifecycle of external cyber risks. ZeroFox and the ZeroFox logo are trademarks or registered trademarks of ZeroFox, Inc. and/or its affiliates in the U.S. and other countries. Visit www.zerofox.com for more information.

About LookingGlass Cyber Solutions, Inc.

LookingGlass is the global cybersecurity leader enabling national, industrial, and enterprise-scale decisions with unparalleled, curated intelligence on critical assets, risks, and sectors. For more than a decade, the most advanced organizations in the world have trusted LookingGlass to help them protect their economic and national security interests. Find out how we can help your organization at https://lookingglasscyber.com.

Forward-Looking Statements

Certain statements in this press release are “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including statements related to benefits from the transaction, including expected from revenues and accretiveness of the transaction, and the ability of ZeroFox to achieve its objectives and plans with the acquisition of LookingGlass are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by ZeroFox or any other person that the events or circumstances described in such statement are material. These risks and uncertainties include, but are not limited to, the following: our ability to recognize the anticipated benefits of the transaction; the ability of ZeroFox and LookingGlass to consummate the transaction as expected; defects, errors, or vulnerabilities in the ZeroFox platform, the failure of the ZeroFox platform to block malware or prevent a security breach, misuse of the ZeroFox platform, or risks of product liability claims that would harm our reputation and adversely impact our business, operating results, and financial condition; if our enterprise platform offerings do not interoperate with our customers’ network and security infrastructure, or with third-party products, websites or services, our results of operations may be harmed; we may not timely and cost-effectively scale and adapt our existing technology to meet our customers’ performance and other requirements; our ability to introduce new products and solutions and features is dependent on adequate research and development resources and our ability to successfully complete acquisitions; our success depends, in part, on the integrity and scalability of our systems and infrastructure; we rely on third-party cloud providers to host and operate our platform, and any disruption of or interference with our use of these offerings may negatively affect our ability to maintain the performance and reliability of our platform which could cause our business to suffer; we rely on software and services from other parties; we have a history of losses, and we may not be able to achieve or sustain profitability in the future; if organizations do not adopt cloud, and/or SaaS-delivered external cybersecurity solutions that may be based on new and untested security concepts, our ability to grow our business and our results of operations may be adversely affected; we have experienced rapid growth in recent periods, and if we do not manage our future growth, our business and results of operations will be adversely affected; we face intense competition and could lose market share to our competitors, which could adversely affect our business, financial condition, and results of operations; competitive pricing pressure may reduce revenue, gross profits, and adversely affect our financial results; adverse general and industry-specific economic and market conditions and reductions in customer spending, in either the private or public sector, including as a result of inflation and geopolitical uncertainty such as the ongoing conflict between Russia and Ukraine, may reduce demand for our platform or products and solutions, which could harm our business, financial condition and results of operations; the COVID-19 pandemic could adversely affect our business, operating results, and financial condition; if we fail to adapt to rapid technological change, evolving industry standards and changing customer needs, requirements or preferences, our ability to remain competitive could be impaired; one U.S. government customer accounts for a substantial portion of our revenues; and we rely heavily on the services of our senior management team.

Additional information concerning these, and other risks, is described under the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations of ZeroFox”, and “Management’s Discussion and Analysis of Financial Condition and Results of Operations of IDX” sections of our final prospectus filed with the Securities and Exchange Commission (the “SEC”) pursuant to Rule 424(b) under the Securities Act of 1933 on April 12, 2023, in connection with our registration statement on Form S-1 and in subsequent reports that we file with the SEC. We expressly disclaim any obligation to update any of these forward-looking statements, except to the extent required by applicable law.

ZeroFox Contacts:

Media Inquiries
Malory Van Guilder
zerofox@skyya.com

Investor Relations
Marc P. Griffin, ICR
investor@zerofox.com

GlobeNewswire Distribution ID 8808801

Matterport Revolutionizes Enterprise Facility Monitoring with AWS IoT TwinMaker and Immersive Real-Time Digital Twins

Matterport and AWS boost efficiency, safety, and innovation with unified 3D view of business operations

SUNNYVALE, April 17, 2023 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR) announced the general availability of new integrations with AWS IoT TwinMaker, enabling enterprise customers to seamlessly connect Internet of Things (IoT) data into visually immersive and dimensionally accurate Matterport digital twins. AWS IoT TwinMaker is a solution from Amazon Web Services (AWS) that makes it easier for developers to create digital twins of real-world systems such as buildings, factories, industrial equipment, and production lines. This new offering from Matterport supports enterprise digital transformation efforts by providing customers with an efficient and cost-effective solution to remotely optimize building operations, increase production output, improve equipment performance, and increase environmental health and safety at their facilities.

“Working with Matterport, we’re now able to provide customers with seamless integration of their live IoT data into detailed, spatially-accurate digital twins,” said Yasser Alsaied, Vice President of IoT, AWS. “There’s an incredible opportunity for enterprise customers to embrace digital twins, especially those in manufacturing, energy, and smart building industries, to gain more insight into their operations while increasing efficiencies across the organization.”

The Matterport and AWS IoT TwinMaker integration is a reflection of the extensive relationship between Matterport and AWS, allowing AWS customers to link real-time operational data into Matterport’s 3D digital twins to simplify the management of complex data sets. Global polymer and chemical manufacturer, INVISTA, one of the world’s largest integrated producers of polymers and fibers, is already using the integration to enable remote monitoring and collaboration, predictive maintenance and virtual training to reduce expenses and significantly increase operational efficiencies.

“With a digital twin of our manufacturing operations, our connected field personnel can proactively enable consistently high performance of our plant assets,” said Jerry Grunewald, Vice President of Operations Transformation, INVISTA. “AWS IoT TwinMaker and Matterport digital twins provide us with a 3D visualization of our facilities for a unified view of live sensor data, equipment maintenance records, and engineering design information that enable us to make effective decisions quickly.”

This integration offers new capabilities to further enable digital twin technology in the enterprise, serving customers at any stage of their digital transformation journey. Real-time operational data is integrated within Matterport’s digital twins to provide a single, unified visual representation of any physical environment and relevant, related data.

Customers using Matterport with AWS IoT TwinMaker can experience several benefits to reduce costs and improve operational efficiencies, including:

  • Simplifying the process to create digital representations of physical environments.
  • Increasing productivity by enabling consistent high performance of facility assets and streamlining the management of complex data sets.
  • Improving field operations in manufacturing plants with real-time IoT sensor and process data.
  • Increasing equipment uptime in remote facilities by analyzing trends and predicting issues or maintenance needs.
  • Providing remote training and expert instruction to frontline workers.
  • Reducing site visits and carbon footprint to realize lower operational costs, sustainability goals, and reduce risk of injury.

“Enterprise businesses are embracing the significant opportunity for digital twins to transform how they manage manufacturing and operational facilities at a global scale,” said RJ Pittman, Chairman and CEO, Matterport. “For environments with heavy machinery, Matterport and AWS have created a new paradigm for managing and training a frontline workforce, creating a safer experience for employees that benefits the bottom line.”

Learn more about how organizations can take advantage of digital twins in their operations: https://matterport.com/partners/amazon-web-services

About Matterport
Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.

©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.

Media Contact:
Charlie Stager
Director, Communications
press@matterport.com

Investor Contact:
Mike Knapp
VP, Investor Relations
ir@matterport.com

GlobeNewswire Distribution ID 8808432