MARKS

Revolutionary AI and Blockchain Integration Enhances Anti-Counterfeiting Measures for Global Brands

Retrieved on: 
Monday, May 13, 2024

REDWOOD CITY, Calif., May 13, 2024 /PRNewswire-PRWeb/ -- iTRACE Technologies, Inc., a leader in securing global supply chains against counterfeiting, today unveiled a major upgrade to its iTRACE 2DMI® technology, integrating artificial intelligence (AI) with the existing blockchain connectivity to offer unparalleled protection for brands and consumers.

Key Points: 
  • iTRACE 2DMI®, known for its robust anti-counterfeiting measures, now incorporates AI to improve the detection of counterfeit products and blockchain technology to ensure secure, transparent authentication processes.
  • The newly enhanced iTRACE 2DMI® introduces:
    AI-Powered Detection: The system now uses advanced AI algorithms to quickly and accurately identify counterfeit and cloned products.
  • Blockchain-Enabled Security: By integrating the optional blockchain technology, iTRACE 2DMI® ensures that each authentication record is immutable and transparent.
  • The economic impact of counterfeiting is profound, with the Global Brand Counterfeiting Report estimating losses to brands and consumers running into hundreds of billions annually.

Judge Richard Linn to Receive the 2024 American Inns of Court Professionalism Award for the Federal Circuit

Retrieved on: 
Tuesday, May 7, 2024

Judge Richard Linn has been selected to receive the prestigious 2024 American Inns of Court Professionalism Award for the Federal Circuit .

Key Points: 
  • Judge Richard Linn has been selected to receive the prestigious 2024 American Inns of Court Professionalism Award for the Federal Circuit .
  • Appointed to the U.S. Court of Appeals for the Federal Circuit by President Bill Clinton in 1999, Linn took senior status in 2012.
  • Linn received this recognition from his peers not for his work as a judge but for his decades-long commitment to promoting American Inns of Court focused on intellectual property.
  • “It is not hyperbole to say that Judge Linn’s devotion and dedication to the Intellectual Property Inns of Court is unmatched,” write Federal Circuit Judges Sharon Prost and Kara Farnadez Stoll of the U.S. Court of Appeals for the Federal Circuit, who nominated Linn for the award.

NAPCO Reports Record Revenues, Net Income and Adjusted EBITDA* for Q3 of Fiscal 2024

Retrieved on: 
Monday, May 6, 2024

Net sales for the nine months ended March 31, 2024 increased 10% to a nine month record $138.5 million as compared to $125.3 million last year.

Key Points: 
  • Net sales for the nine months ended March 31, 2024 increased 10% to a nine month record $138.5 million as compared to $125.3 million last year.
  • Net income for the quarter increased 38% to a quarterly record $13.2 million as compared to $9.5 million for the same period a year ago.
  • Net income for the nine months ended March 31, 2024 increased 119% to a nine month record $36.3 million as compared to $16.6 million last year.
  • Net income of $13.2 million, besides being a Q3 record breaker, represents 27% of our net sales.

Goulston & Storrs Moves to One Post Office Square

Retrieved on: 
Monday, April 22, 2024

BOSTON, April 22, 2024 /PRNewswire/ -- Goulston & Storrs, an Am Law 200 firm, is pleased to announce that it has relocated its Boston office to One Post Office Square – after nearly 40 years at its former 400 Atlantic Avenue address. About 350 employees have relocated to approximately 100,000 square feet of space in the recently remodeled 41-story, Class A office tower. Goulston & Storrs is the first of Boston's largest law firms to move post pandemic – setting the standard for a new kind of flexible, "future-proof" office space. The transition coincides with Michelle Porter, former Co-Chair of the firm's Private Client & Trust Group, becoming the firm's first woman Co-Managing Director on April 1.

Key Points: 
  • BOSTON, April 22, 2024 /PRNewswire/ -- Goulston & Storrs , an Am Law 200 firm, is pleased to announce that it has relocated its Boston office to One Post Office Square – after nearly 40 years at its former 400 Atlantic Avenue address.
  • About 350 employees have relocated to approximately 100,000 square feet of space in the recently remodeled 41-story, Class A office tower.
  • Goulston & Storrs is the first of Boston's largest law firms to move post pandemic – setting the standard for a new kind of flexible, "future-proof" office space.
  • One Post Office Square is a world-class LEED Gold development located in the heart of Boston overlooking Post Office Square Park.

ONE ROCK CAPITAL PARTNERS EXPANDS OPERATING PARTNER TEAM WITH ADDITION OF SUDEEP SHETTY

Retrieved on: 
Thursday, April 18, 2024

NEW YORK, April 18, 2024 /PRNewswire/ -- One Rock Capital Partners, LLC ("One Rock" or the "Firm"), a value-oriented, operationally focused private equity firm, is pleased to announce the addition of Sudeep Shetty to its team of Operating Partners.

Key Points: 
  • NEW YORK, April 18, 2024 /PRNewswire/ -- One Rock Capital Partners, LLC ("One Rock" or the "Firm"), a value-oriented, operationally focused private equity firm, is pleased to announce the addition of Sudeep Shetty to its team of Operating Partners.
  • Mr. Shetty comes to One Rock with nearly 20 years' experience leading teams and initiatives focused on information technology and business transformation.
  • Leveraging the expertise of its Operating Partners has been an integral part of One Rock's strategy since its inception.
  • Sudeep Shetty joins a growing team, which now includes 29 Operating Partners.

Grom Social Enterprises Announces May Release of Newly Designed COPPA-Compliant Grom Social App Featuring Enhanced Safety Measures for Parents and New Interface Brimming with Fun Just for Kids!

Retrieved on: 
Tuesday, March 12, 2024

The new Grom app will debut in iOS beginning in early May, with the updated interface for Android users slated to premiere at a later date.

Key Points: 
  • The new Grom app will debut in iOS beginning in early May, with the updated interface for Android users slated to premiere at a later date.
  • The updated Grom Social app comes with a brand-new look, feel, and experience with all the safety integrations today’s kids deserve and need.
  • Existing users and their parents will migrate from the current experience to immediately enjoy Grom’s exciting new environment and interface.
  • When it comes to safety, Grom incorporates the latest advancements in online safety measures, ensuring compliance with COPPA regulations and providing parents with enhanced control and monitoring features.

NAPCO Reports Record Revenues, Net Income and Adjusted EBITDA* for Q2 of Fiscal 2024

Retrieved on: 
Monday, February 5, 2024

Net income for the quarter increased 221% to a quarterly record $12.6 million as compared to $3.9 million for the same period a year ago.

Key Points: 
  • Net income for the quarter increased 221% to a quarterly record $12.6 million as compared to $3.9 million for the same period a year ago.
  • Net income for the six months ended December 31, 2023 increased 229% to a six month record $23.1 million as compared to $7.0 million last year.
  • Net income of $12.6 million, besides being a Q2 record breaker, represents 27% of our net sales.
  • Adjusted EBITDA* of $15.1 million,  also a Q2 record, represents an Adjusted EBITDA* margin of 32%.

Enterprise AI Software Leader SymphonyAI’s Retail CPG ARR Grew More Than 30% Through AI Innovations That Expanded Software to 80,000 Additional Retail Stores

Retrieved on: 
Thursday, January 11, 2024

SymphonyAI , a leader in predictive and generative enterprise AI SaaS applications, delivered rapid growth in its retail CPG vertical in 2023.

Key Points: 
  • SymphonyAI , a leader in predictive and generative enterprise AI SaaS applications, delivered rapid growth in its retail CPG vertical in 2023.
  • The growth also reflects deepening strategic muti-year relationships major industry leaders including Metro Digital GmbH , Rimi Baltic , Intermarché, and REMA 1000 .
  • This growth is primarily attributed to innovative AI-driven products and advanced AI models in retail and CPG.
  • SymphonyAI Retail CPG President Manish Choudhary said, “2023 marked a year of extraordinary growth and global expansion for our team.

Univar Solutions Recognized as a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign Foundation

Retrieved on: 
Wednesday, December 13, 2023

DOWNERS GROVE, Ill., Dec. 13, 2023 /PRNewswire/ -- Univar Solutions Inc. ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, today announced it has been recognized as a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign (HRC) Foundation, after achieving a score of 100 on the HRC Foundation's 2023-2024 Corporate Equality Index (CEI) for the third consecutive year. The HRC Foundation's CEI, which Univar Solutions has participated in for the past four years, is the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

Key Points: 
  • Marks third consecutive year company earns top score in HRC Foundation's annual assessment of LGBTQ+ workplace equality.
  • DOWNERS GROVE, Ill., Dec. 13, 2023 /PRNewswire/ -- Univar Solutions Inc. ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, today announced it has been recognized as a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign (HRC) Foundation, after achieving a score of 100 on the HRC Foundation's 2023-2024 Corporate Equality Index (CEI) for the third consecutive year.
  • The HRC Foundation's CEI, which Univar Solutions has participated in for the past four years, is the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.
  • To learn more about Univar Solutions' commitments and core values, please visit its Diversity, Equity, and Inclusion page online.

Marks & Spencer Records 245% Increase in Annual Gift Card Revenue Through Partnership With Runa

Retrieved on: 
Thursday, November 30, 2023

LONDON, Nov. 30, 2023 /PRNewswire/ -- Runa, the global digital value infrastructure for instant B2C payouts, today announced that its platform has brought a 245% year-on-year increase in gift card revenue volume to its partner Marks & Spencer, the major British multinational retailer renowned for its diverse product offerings.

Key Points: 
  • The partnership helps Marks & Spencer tap into the increasingly digitized global gift card market by offering a frictionless and instant experience for consumers and businesses.
  • M&S sought to grow its gift card sales and increase its share of wallet by distributing gift cards across Runa's vast customer base.
  • "Our partnership with Marks & Spencer, which brought a 245% year-on-year increase in gift card revenue, is a prime example of how innovative technology can enhance the customer experience and ultimately drive sales.
  • The upcoming holiday season, when gift card sales reach their peak, provides an ideal opportunity for merchants to rethink their gift card strategy."