Advanced Systems Concepts, Inc.

FVLCRUM Funds Completes Acquisition of Advanced IT Concepts, Inc., Adding Another Platform to FVLCRUM Funds' Growing Portfolio

Retrieved on: 
Thursday, October 19, 2023

ROCKVILLE, Md., Oct. 19, 2023 /PRNewswire-PRWeb/ -- FVLCRUM Partners, d.b.a. FVLCRUM Funds Capital Group ("FVLCRUM" or "FVLCRUM Funds"), has completed the acquisition of Advanced IT Concepts, Inc. ("AITC" or the "Company"). Founded in 2006 and headquartered in Winter Springs, Florida, AITC is an established technology systems integrator and professional services provider. As part of the transaction, Advanced IT Concepts, Inc. became AITC, LLC.

Key Points: 
  • FVLCRUM Funds Capital Group ("FVLCRUM" or "FVLCRUM Funds"), has completed the acquisition of Advanced IT Concepts, Inc. ("AITC" or the "Company").
  • "We are thrilled to add such a differentiated and attractive platform to FVLCRUM's IT Services portfolio," shares Chijioke Asomugha, Partner of FVLCRUM Funds.
  • "We are thrilled to add such a differentiated and attractive platform to FVLCRUM's IT Services portfolio," shares Chijioke Asomugha, Partner of FVLCRUM Funds.
  • Womble Bond Dickinson served as legal counsel to FVLCRUM Funds on the transaction.

Caster Concepts Expands Solutions Engineering Team

Retrieved on: 
Monday, September 18, 2023

ALBION, Mich., Sept. 18, 2023 /PRNewswire/ -- Citing increased customer demand for improvements in material handling safety, maneuverability and workload efficiency, Caster Concepts has added Brad Hays and Christopher Johnson to its solutions engineering team.

Key Points: 
  • Caster Concepts Inc., a global leader in industrial material handling solutions, adds two industry veterans to extend its solutions engineering team in the aerospace, heavy equipment and automotive markets.
  • ALBION, Mich., Sept. 18, 2023 /PRNewswire/ -- Citing increased customer demand for improvements in material handling safety, maneuverability and workload efficiency, Caster Concepts has added Brad Hays and Christopher Johnson to its solutions engineering team.
  • "With continued labor pressure, manufacturers are focused on ensuring their associates are as safe and productive as possible," said Doug Backinger, vice president of sales at Caster Concepts.
  • The solutions engineering team helps develop fit-to-purpose casters that increase efficiency, productivity and safety.

Caster Concepts Introduces TWERGO® Xtreme Casters for Aerospace and AGV Applications

Retrieved on: 
Wednesday, August 30, 2023

ALBION, Mich., Aug. 30, 2023 /PRNewswire/ -- Based on extensive testing and early customer experiences (example), TWERGO® Xtreme casters are a significant improvement when compared to traditional products used in these applications — reducing push/pull forces by up to 50%. These improvements enable a range of benefits for manufacturers, including significantly expanded operating range for AGVs and reduced push force for manual cart operations at higher loads.

Key Points: 
  • Caster Concepts Inc., a global leader in industrial caster solutions, has introduced the TWERGO® Xtreme caster for heavy duty material handling demands in the Automated Guided Vehicle (AGV) and Aerospace sectors.
  • Tested to move more than 20,000 pounds, these new casters improve safety, maneuverability, and workload efficiency in many applications.
  • TWERGO® Xtreme casters are the next generation of Caster Concepts' patented TWERGO® caster blueprint.
  • Additionally, when combined with the company's HaloDrive AGV solutions , manufacturers can potentially eliminate overhead cranes and benefit from increased cart maneuverability.

Advancements Series to Explore Recent Improvements in Automated Visa Technology

Retrieved on: 
Thursday, March 23, 2023

JUPITER, Fla., March 23, 2023 /PRNewswire-PRWeb/ -- An upcoming segment of Advancements with Ted Danson will focus on innovations in automated immigration services.

Key Points: 
  • JUPITER, Fla., March 23, 2023 /PRNewswire-PRWeb/ -- An upcoming segment of Advancements with Ted Danson will focus on innovations in automated immigration services.
  • The show will educate about some of the current challenges associated with acquiring and retaining visas today.
  • Audiences will explore how technology is being used to remove mundane manual processes that eat away at the workday and leave little time for the human side of immigration.
  • "The more time I spent on manual, automatable tasks, the more I thought about advancing the practice through technology.

Eagle Eye Networks Integrates Cloud Video Surveillance With PSIM+ Provider Advancis

Retrieved on: 
Thursday, February 16, 2023

Eagle Eye Networks, the global leader in cloud video surveillance, today announced a technical integration with Advancis that combines cloud video surveillance with the Advancis PSIM+ (physical security information management) platform to deliver integrated cloud video surveillance at the behest of global enterprise customers.

Key Points: 
  • Eagle Eye Networks, the global leader in cloud video surveillance, today announced a technical integration with Advancis that combines cloud video surveillance with the Advancis PSIM+ (physical security information management) platform to deliver integrated cloud video surveillance at the behest of global enterprise customers.
  • The Advancis PSIM+ combined with the Eagle Eye Cloud VMS (video management system) delivers cloud video for use-case specific security solutions at large enterprise scale.
  • “Eagle Eye Networks enterprise customers have complex and changing business and security needs,” said Dean Drako, Founder and CEO of Eagle Eye Networks.
  • The Eagle Eye Cloud VMS (video management system) is the only platform robust and flexible enough to power the future of video surveillance and intelligence.

Advanced IT Concepts (AITC) Names New Chief of Cyber and Technology Programs

Retrieved on: 
Tuesday, January 31, 2023

Advanced IT Concepts, Inc. (AITC), a leading systems integration firm providing information technology (IT), training, simulation and professional services and solutions to defense and federal agencies, recently named Matthew Page as the company’s Chief of Cyber and Technology Programs.

Key Points: 
  • Advanced IT Concepts, Inc. (AITC), a leading systems integration firm providing information technology (IT), training, simulation and professional services and solutions to defense and federal agencies, recently named Matthew Page as the company’s Chief of Cyber and Technology Programs.
  • Page is responsible for the successful implementation of all Cyber and Technology related programs, the development and enactment of cyber security growth strategy for future cyber program expansion opportunities and leading the Cyber Security Community of Interest (COI).
  • View the full release here: https://www.businesswire.com/news/home/20230131005500/en/
    AITC welcomes Matthew Page of Chief of Cyber and Technology Programs.
  • (Photo: Business Wire)
    Prior to joining AITC, Page previously served our nation as an Army Chief Warrant Officer and a Department of the Army Civilian.

Caster Concepts breaks ground on $2M expansion of its Central Michigan headquarters

Retrieved on: 
Thursday, January 26, 2023

Caster Concepts Inc. , a leading maker of industrial, heavy-duty wheels and casters , announces a 16,000-square-foot, $2 million expansion of its headquarters in Central Michigan.

Key Points: 
  • Caster Concepts Inc. , a leading maker of industrial, heavy-duty wheels and casters , announces a 16,000-square-foot, $2 million expansion of its headquarters in Central Michigan.
  • Caster Concepts plans for more office space, truck docks for increased orders and deliveries, and a larger manufacturing work area and employee facilities.
  • "We’re betting on future growth," said Caster Concepts President Bill Dobbins.
  • Caster Concepts hired D.H. Roberts Construction out of Jonesville, Michigan, to build the addition and Driven Design from Battle Creek to oversee the design and engineering.

Redwood Software Acquires Cerberus to Extend Leadership in Delivering Secure File Transfer Automation Solutions

Retrieved on: 
Wednesday, February 1, 2023

FRISCO, Texas, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Redwood Software, the industry leader in full stack automation, today announced its acquisition of Cerberus, a leading secure file transfer provider that serves some of the largest global organizations.

Key Points: 
  • FRISCO, Texas, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Redwood Software, the industry leader in full stack automation, today announced its acquisition of Cerberus, a leading secure file transfer provider that serves some of the largest global organizations.
  • Following Redwood’s recent acquisition of enterprise workload automation provider Tidal Software , Cerberus further adds to Redwood’s comprehensive automation and managed file transfer portfolio, which also includes RunMyJobs, ActiveBatch and JSCAPE.
  • Along with JSCAPE, Redwood’s enterprise managed file transfer (MFT) solution, Redwood is able to serve the broadest range of secure managed file transfer use cases.
  • Expanding Redwood’s automation footprint in the technology, financial services, healthcare and public sectors – Cerberus provides secure file transfer solutions to many global organizations in these industries, including Lenovo, NASA, National Health Service, PwC, Sodexo and SpaceX.

Redwood Software Acquires Tidal Software, Further Enhancing its Leadership in Full Stack Enterprise Automation

Retrieved on: 
Thursday, January 5, 2023

FRISCO, Texas, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Redwood Software, the industry leader in full stack automation, today announced its acquisition of Tidal Software, a leading enterprise workload automation provider.

Key Points: 
  • FRISCO, Texas, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Redwood Software, the industry leader in full stack automation, today announced its acquisition of Tidal Software, a leading enterprise workload automation provider.
  • By joining forces, it also builds on Redwood and Tidal’s shared commitment to being laser-focused on automation, innovation and customer success.
  • “Our acquisition of Tidal is another significant milestone in Redwood’s journey to unleash human potential through the power of automation,” said Redwood Software CEO Kevin Greene.
  • “Redwood and Tidal coming together is a win for our customers, partners and employees,” said Tidal Software CEO Rick McNees.

Venus Concept Receives 510(k) Clearance for Use of its AI.ME™ Next Generation Robotic Technology for Fractional Skin Resurfacing

Retrieved on: 
Wednesday, December 21, 2022

Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, today announced that it has received a 510(k) clearance from the U.S. Food and Drug Administration (“FDA”) to market its AI.ME next generation robotic technology for fractional skin resurfacing.

Key Points: 
  • Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, today announced that it has received a 510(k) clearance from the U.S. Food and Drug Administration (“FDA”) to market its AI.ME next generation robotic technology for fractional skin resurfacing.
  • “AI.ME is a first-of-its-kind robotic platform offering physicians minimally-invasive treatments for high-demand procedures requiring fractional skin resurfacing.
  • We see AI.ME as a versatile platform and we will continue to develop the platform to provide innovative solutions in various areas of medical aesthetics, starting with fractional skin resurfacing.
  • We had the privilege to participate in the early clinical studies of AI.ME and it is clear that the advancements that its robotic technology presents to our practice can go far beyond fractional skin resurfacing.