EAS

Double Announces Continued Growth, Launches Double for Teams to Help Startups Combat Overwork During Turbulent Times

Retrieved on: 
Wednesday, May 24, 2023

This milestone moment for the company speaks to the significant need for skilled help as leaders continue to steer their companies through turbulent times.

Key Points: 
  • This milestone moment for the company speaks to the significant need for skilled help as leaders continue to steer their companies through turbulent times.
  • Double for Teams assists entire leadership teams, not just CEOs, to do more impactful work without increasing hours and risking burnout.
  • View the full release here: https://www.businesswire.com/news/home/20230524005017/en/
    Double for Teams has already helped a number of storied companies in its beta.
  • Currently onboarding around 50 executives and teams a month, the company’s clientbase has grown 3x since announcing its Series A in October 2021.

Bempedoic acid significantly reduces the risk of major adverse cardiovascular events, and increased combination therapies can help more patients achieve LDL-C goals — late breaking EAS data

Retrieved on: 
Tuesday, May 23, 2023

Both studies were presented in a late-breaker session at the 91st European Atherosclerosis Society congress.

Key Points: 
  • Both studies were presented in a late-breaker session at the 91st European Atherosclerosis Society congress.
  • Nearly 80% of patients who are at high- or very high-risk of CV events in Europe do not attain the guideline-recommended LDL-C goals, putting them at high risk of suffering an acute and often life-threatening cardiovascular event.
  • The CLEAR Outcomes trial answers those remaining questions and shows that bempedoic acid reduces the risk of major cardiovascular events in patients at high- and very high-risk.
  • We now know that, as an additional treatment option, bempedoic acid can not only help patients reach their guideline LDL-C recommendations but also lower their CV risk.

From the Tax Law Offices of David W. Klasing - President of California Recycling Company Convicted of Tax Evasion

Retrieved on: 
Thursday, May 25, 2023

For example, in 2023, the former president of a California Recycling Company was convicted of tax evasion.

Key Points: 
  • For example, in 2023, the former president of a California Recycling Company was convicted of tax evasion.
  • If you need help with a civil or criminal tax issue, seek support and guidance from our Dual-Licensed Tax Lawyers & CPAs by calling the Tax Law Offices of David W. Klasing at (800) 681-1295.
  • The former president of California Recycling Company and his business partner were convicted of conspiracy to defraud the United States.
  • Get help from our Dual-Licensed Tax Lawyers & CPAs at the Tax Law Offices of David W. Klasing by calling (800) 681-1295.

JOINT STATEMENT - Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece

Retrieved on: 
Friday, May 12, 2023

ATHENS, Greece, May 12, 2023 /PRNewswire/ -- Greek state defence company, Hellenic Defence Systems (EAS) and Paramount Industries Greece have signed a strategic partnership for the local production of next generation, long-range loitering munitions, in a significant move to embolden the Greek defence industry's indigenous manufacturing capabilities.

Key Points: 
  • The joint statement, made on the first day of the Defence Exhibition in Athens (DEFEA 2023), comes at a time when the Greek industry is re-developing and enhancing its indigenous defence and aerospace capabilities.
  • The Hellenic Ministry of Finance is the main shareholder and the company is supervised by the Ministry of National Defence.
  • Nikolaos Kostopoulos, CEO of Hellenic Defence Systems (EAS) stated, "We are very excited to be going into production, in Greece, with one of the world's most advanced long-range loitering munitions.
  • This is a light house project for the redevelopment and enhancement of the Greek defence industry, which we are immensely proud of."

Cyngn Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

Net loss for the first quarter of 2023 was $5.6 million compared to $3.8 million in the corresponding quarter of 2022.

Key Points: 
  • Net loss for the first quarter of 2023 was $5.6 million compared to $3.8 million in the corresponding quarter of 2022.
  • Net loss per share was $0.17 for the first quarter of 2023, based on a weighted average of approximately 33.7 million basic and diluted shares outstanding in the first quarter.
  • Cyngn’s unrestricted cash and short-term investments at the end of the first quarter 2023 was $17.0 million, compared to $22.6 million at the end of 2022.
  • Conference Call and Webcast Information:
    Cyngn will host a conference call at 1.30 p.m. PDT/4.30 p.m. EDT today (Wednesday, May 10, 2023), during which management will discuss the results of the fiscal first quarter ended March 31, 2023.

Checkpoint Systems set to showcase new solutions at NRF Protect 2023

Retrieved on: 
Wednesday, May 10, 2023

PHILADELPHIA, May 10, 2023 /PRNewswire/ -- Checkpoint Systems , one of the only vertically integrated RF/RFID solution providers for retail, will attend this year's NRF Protect at the Gaylord Texan Resort in Grapevine, Texas.

Key Points: 
  • PHILADELPHIA, May 10, 2023 /PRNewswire/ -- Checkpoint Systems , one of the only vertically integrated RF/RFID solution providers for retail, will attend this year's NRF Protect at the Gaylord Texan Resort in Grapevine, Texas.
  • From June 5th to 7th 2023, Checkpoint will present their latest innovations to retail industry experts in loss prevention, asset protection, digital fraud, and cybersecurity to learn about new technologies and solutions to showcase how Checkpoint can enable retailers to better protect their merchandise, manage their inventory, and increase sales.
  • Attendees will be able to explore Checkpoint's newest solutions during the event:
    SFERO™: A fully customizable modular RFID loss prevention system with high detection performance.
  • To learn about these innovative solutions and more, please visit Booth 501 during NRF Protect.

Cyngn Welcomes Ex Google and Seegrid, Carnegie Mellon Alumni Sean Stetson as VP of Engineering

Retrieved on: 
Tuesday, May 9, 2023

Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, announced today that Sean Stetson has been hired as VP of Engineering.

Key Points: 
  • Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, announced today that Sean Stetson has been hired as VP of Engineering.
  • In this role, Stetson will be responsible for overseeing all hardware and software development within the engineering organization, driving innovation and facilitating Cyngn’s continued expansion of our Enterprise Autonomy Suite (EAS) offerings.
  • View the full release here: https://www.businesswire.com/news/home/20230509005234/en/
    Cyngn VP of Engineering - Sean Stetson (Graphic: Business Wire)
    “We are excited to welcome Sean to the Cyngn team,” said Lior Tal, Cyngn CEO.
  • Sean holds a PhD in Electrical Engineering from the University of Michigan and a BS in Electrical Engineering from Carnegie Mellon University.

Partner Tech Introduces Modular and AI-driven Self-Checkout for Multiple Retail Segments

Retrieved on: 
Wednesday, May 3, 2023

ANAHEIM, Calif., May 3, 2023 /PRNewswire-PRWeb/ -- Partner Tech USA Inc, a global technology company and innovator of intelligent POS and self-service solutions, introduces Alfred SCO, a modular and fully customizable self-checkout solution, which uses artificial intelligence to prevent fraud and speed up the checkout with less interventions. By using a modular, space-saving tabletop design, Alfred SCO can be mounted on any type of tabletop, which makes it more flexible and cost-efficient, and retailers can select exactly the components they need for their type of store. No matter if it will be used in a supermarket, convenience, specialty or drug store – Alfred SCO can be customized to address the specific needs with different configurations, security features, and peripherals.

Key Points: 
  • The modular design is based on a powerful touch screen computer, available in three different screen sizes and with several CPU options.
  • Alfred SCO includes an optional produce scale and an adaptive security scale that helps reduce interventions compared to other solutions.
  • Partner Tech also offers a cash management module with coin and bill recycling.
  • Partner Tech offers an API toolkit for fast and seamless integration with the retailer's existing POS, thus ensuring that all the functions of the manned POS are maintained.

AI-Powered Autonomous Industrial Vehicles at the Push of a Button: Cyngn Releases Enterprise Autonomy Suite 9.0

Retrieved on: 
Wednesday, May 3, 2023

Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, has announced the release of its Enterprise Autonomy Suite (EAS) version 9.0.

Key Points: 
  • Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, has announced the release of its Enterprise Autonomy Suite (EAS) version 9.0.
  • It helps customers manage data from the field, which can help Cyngn pinpoint opportunities to train and continually improve its AI models.
  • EAS integrates with our customers’ existing workflows and greatly improves operators’ abilities to deploy a fleet of autonomous vehicles to easily get work done.
  • Enables viewing of important data from each vehicle to surface novel information from fleets of vehicles equipped with sensors.

Top AI Experts Formerly from Google, Meta and AWS form NinjaTech AI, the First AI-Powered Executive Assistant for the Enterprise

Retrieved on: 
Tuesday, May 2, 2023

Today, AI experts formerly from Google, Meta and AWS announced the formation of NinjaTech AI, a generative AI company building the first true next-generation personal assistant since Siri.

Key Points: 
  • Today, AI experts formerly from Google, Meta and AWS announced the formation of NinjaTech AI, a generative AI company building the first true next-generation personal assistant since Siri.
  • Powered by proprietary large language models, decision engines and generative AI, NinjaTech will bring to life AI agents as a TaskGPT for working professionals to get day-to-day administrative tasks done efficiently and cost effectively.
  • Today’s working professionals are overwhelmed with recurring administrative tasks – in fact, managers spend more than 25 hours a week on those tasks.
  • Executive assistants help alleviate this pain, but are costly and only available to 2% of the workforce, generally senior executives.