Category Archives: Business

Press Releases from the Business World. Announcements, Product releases, Appointments.

Security Industry Association Welcomes New Chairman, Announces Executive Committee and New and Returning Board Members


Pierre Trapanese headshot

“We congratulate the new and returning members to the SIA Board of Directors and the SIA Executive Committee – this is a remarkable group of security leaders poised to guide the association and industry forward.” – Pierre Trapanese, SIA Chairman of the Board

The Security Industry Association (SIA) welcomed a new chairman, announced its 2020 executive committee and welcomed five new members to the SIA Board of Directors at The Advance, SIA’s annual membership meeting, held virtually on Tuesday, March 17.

SIA ratified the selection of Pierre Trapanese, CEO of Northland Controls, as SIA’s chairman of the board. Trapanese has 33 years of international project and financial management experience in the security industry. He has been the sole owner of Northland Controls since 2005 and has transformed it into a global service provider with 250 Northlanders spread across offices in 5 countries.

During The Advance, SIA also announced the addition of five new voting members to the SIA Board of Directors to serve terms from 2020 to 2022:


  • Jonathan Aguila, director – systems and technology, Facebook – Global Security
  • Stacy Deveraux, president, Electromechanical Solutions Group, ASSA ABLOY Opening Solutions
  • Mike Mathes, executive vice president, Convergint Technologies
  • Erica McBride-Rapp, logistics manager, Allegion
  • Tim Palmquist, vice president, Americas, Milestone Systems

Following the ratification, the SIA Executive Committee for 2020 includes:

  • Chairman: Pierre Trapanese, CEO, Northland Controls
  • Vice Chair: Kim Loy, ACRE LLC
  • Treasurer: Scott Dunn, director, business development, Axis Communications
  • Secretary: Lynn de Séve, president, GSA Schedules Inc.
  • Immediate Past Chairman: Scott Schafer, principal, SMS Advisors

Additionally, three existing SIA board members – Janet Fenner, chief marketing officer at Intelligent Security Systems; John E. Mack III, executive vice president, co-head of investment banking and head of mergers and acquisitions at Imperial Capital; and Tom Nakatani, vice president of customer monitoring technology and product development at ADT – renewed their involvement in the SIA Board of Directors for an additional term.

“I am thankful to SIA for welcoming me as SIA chairman and entrusting me with the responsibilities of this role,” said Trapanese. “We congratulate the new and returning members to the SIA Board of Directors and the SIA Executive Committee – this is a remarkable group of security leaders poised to guide the association and industry forward.”

The SIA Board of Directors is comprised of industry professionals representing a broad spectrum of interests in the security industry. The full list of current board members can be found here.

During The Advance, in addition to announcing the new board chairman, new and returning board members and executive committee, SIA shared market intelligence for the year ahead and presented its annual membership awards – the SIA Chairman’s Award, Sandy Jones Volunteer of the Year Award, Committee Chair of the Year Award and Member of the Year Award.

About SIA

SIA is the leading trade association for global security solution providers, with over 1,000 innovative member companies representing thousands of security leaders and experts who shape the future of the security industry. SIA protects and advances its members’ interests by advocating pro-industry policies and legislation at the federal and state levels, creating open industry standards that enable integration, advancing industry professionalism through education and training, opening global market opportunities and collaborating with other like-minded organizations. As the premier sponsor of ISC Events expos and conferences, SIA ensures its members have access to top-level buyers and influencers, as well as unparalleled learning and network opportunities. SIA also enhances the position of its members in the security marketplace through SIA GovSummit, which brings together private industry with government decision makers, and Securing New Ground, the security industry’s top executive conference for peer-to-peer networking.

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Denovo Appoints David Shimoni as President and Chief Executive Officer


David Shimoni, Denovo President and CEO

David was selected to lead Denovo’s continued success in serving this growing market. We believe that his strong leadership skills, well-rounded experience, and proven track record will help lead Denovo into the future.

Denovo, a leading provider of managed enterprise resource planning (ERP) and IT services, is pleased to announce that David Shimoni has been named President and CEO.

Shimoni has over 30 years of executive experience working for global tech companies. He was recently the President and CEO of PlumChoice, a company that delivered tech-enabled support services to the consumer and SMB markets. There, he led the company through a major improvement in financial performance and service quality resulting in the acquisition by Allstate Insurance.

Prior to that, Shimoni served as the President and CEO of Mformation Software Technologies, a leading provider of mobile device management (MDM) solutions. There, he refocused the company on the high growth IoT market, leading to an acquisition by Alcatel-Lucent.

Over the past three decades, David has held C-level roles in multiple technology companies in the enterprise software, IoT, and telecom markets.

ERP systems are critical to enterprises, but complex to manage. There is significant and growing demand for outsourced ERP support, and Denovo stands apart from competitors as a true specialist in this market.” said Gillis Cashman, Managing Partner at M/C Partners and Denovo’s Chairman of the Board. “David was selected to lead Denovo’s continued success in serving this growing market. We believe that his strong leadership skills, well-rounded experience, and proven track record will help lead Denovo into the future.”

“I’m thrilled to join Denovo. The company provides a clear and enduring value proposition to its customers and I look forward to showing new enterprise and mid-market businesses what we’re capable of.” said Shimoni. “As ERP Experts, we implement and operate our Customer’s mission critical applications enabling them to focus on running their business”.

About Denovo

Established in 2003, Denovo Ventures, LLC is a full-service enterprise hosting/cloud computing, application managed services, managed disaster recovery and professional services firm with extensive expertise in designing, implementing and supporting enterprise software.

Denovo is a proud Oracle Platinum Partner. Denovo’s team of over 300 Oracle resources have a combined 3,600+ years of Oracle experience. This includes successfully completing JD Edwards, Oracle E-Business Suite, and Oracle ERP Cloud implementation projects for a wide variety of commercial and public-sector clients. The company is headquartered in Boulder, Colorado. For more information on who Denovo is, please visit our website at Denovo-us.com.

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Carrus Announces Partnership with Avenica to Offer Immediate Work Placement


This partnership will allow us to continue to close the placement gap and increase soft skills training. With the current shortage of qualified professionals, this joint venture is the important first step to bridging that gap.

Carrus, a leading online healthcare training and professional development solution, today announced a partnership with Avenica, a national education to work platform and leader in entry-level career placement.

The new relationship between Carrus and Avenica will help develop pioneering technologies from both partners that will be used to create a new, all-around advanced solution for both shortening the time to hire and improving the employment readiness of entry-level healthcare workers.

“We are excited to partner with another leading career advancement company,” said Misty Frost, CEO of Carrus. “This partnership will allow us to continue to close the placement gap and increase soft skills training. With the current shortage of qualified professionals, this joint venture is the important first step to bridging that gap.”

The partnership will help Carrus learners find stable, fulfilling careers once they complete their programs.

“At Avenica, we are passionate about building the bridge from education to work and are thrilled to partner with Carrus to carry on in this mission,” said Avenica CEO Scott Dettman. “Our partnership will create more opportunities to provide high-impact learning experiences and close the skills gap to put more people to work.”

Carrus and Avenica are committed to helping people advance their careers as they strive to make the healthcare learning experience more accessible, efficient, and useful.

About Carrus

Carrus delivers quality, trusted healthcare learning content, continuing education, and certification management to new learners, healthcare professionals, and institutions through an integrated technology platform that provides the most seamless healthcare learning experience possible. In 25+ years, Carrus has trained over 140,000 learners for new careers, partnered with more than 150 colleges and universities nationwide, and educated over 100,000 healthcare professionals.

About Avenica

Avenica is an education-to-work platform with more than 20 years of successful experience identifying and unleashing potential to shape the future of work. Through high-impact training and a time-tested, proven process, Avenica has helped thousands of people kickstart meaningful careers by connecting the right people to the right opportunities at the right companies.

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Ryan Hodgson Joins Steller as VP of Marketing


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Steller.co, the world’s largest storytelling platform and community designed for the modern traveler, today announced that Ryan Hodgson is joining the company as VP of Marketing. In this role, Hodgson will drive the vision and execution of Steller’s strategic marketing and growth initiatives. Hodgson brings 20 years of strategic and growth marketing experience to Steller having been a senior leader at agencies such as Yesler and Weber Shandwick. He has delivered marketing strategy and executions for globally recognized brands that include Amazon, Microsoft, the Project Management Institute, HTC, Verizon Wireless, SAP, and Ricoh. Most recently Hodgson was the COO at Realogics Sotheby’s International Realty where in addition to operations he led in-house marketing teams supporting that $1.6B business.

“We couldn’t be more excited to have Ryan join the Steller team.” Says Scott Greenberg, Steller Co-Founder and COO. “His passion for travel, content creation, and experience as a social media influencer combined with his strategic marketing expertise is a perfect fit for leading our growth initiatives.”

Bringing First Person Experience As a Content Creator and Travel Influencer to Steller

Originally from Perth, Australia, Ryan has always had a passion for travel and photography. He combined these passions to become a sought-after travel influencer. He has traveled the globe partnering with airlines, tour operators, adventure companies, outdoor retailers, resorts and tourism boards. Ryan’s experience as a content creator and influencer brings to Steller a first-person perspective and understanding of how content creators and influencers leverage social media and content creation platforms.

“It’s a particularly exciting move for me because this role combines my love of travel and storytelling with my deep experience in marketing and communications.” Says Hodgson. “I’m passionate about what Steller is all about… a platform that celebrates travel related content creators and community. As a travel influencer I know the space is ready for disruption and I believe Steller is the platform to do that.”

About Steller:

Steller is the world’s largest travel storytelling platform and community designed for today’s mobile-first travelers. Steller lets everyone capture and share personal stories with expressive and elegant design, simply and conveniently on their mobile device or via the web at http://www.steller.co.

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Syncfusion Elevates Daniel Jebaraj to CEO as Company Continues Growth Trajectory


As CEO, my priority will be to continue to grow our established business as well as invest in the future of our customers by delivering solutions that help them compete in today’s data-driven environment.

Syncfusion, Inc., the developer solutions company of choice, today announced that vice president Daniel Jebaraj will take on the role as CEO as the result of significant growth for the company. With a recent launch into business intelligence visualization and reporting solutions, the company has reached 900 employees and plans to expand in 2020.

In his role as CEO, Jebaraj will continue to work closely with the development teams and lead the execution for its software development and business intelligence solutions. Enterprise customers can look forward to more offerings in the Bold product line in the coming year, on top of exciting new controls and features for Essential Studio.

“Since I joined Syncfusion in 2001 as vice president of product development, we have shipped over 1,600 controls and frameworks and have become the number one choice of customers worldwide when it comes to software development frameworks for business applications,” said Jebaraj. “As CEO, my priority will be to continue to grow our established business as well as invest in the future of our customers by delivering solutions that help them compete in today’s data-driven environment.”

Cofounder Stefan Hoenig has become Syncfusion’s chairman of the board and president. Hoenig has been instrumental in the development of several of Syncfusion’s flagship software development controls. Combined, Hoenig and Jebaraj bring 51 years of development experience to the company.

About Syncfusion, Inc.

Syncfusion is the enterprise technology partner of choice for software development, delivering a broad range of web, mobile, and desktop controls coupled with a service-oriented approach throughout the entire application lifecycle. The company has also channeled its data visualization expertise into Bold BI, a simplified yet comprehensive solution for building and delivering business dashboards.

Founded in 2001 and headquartered in Research Triangle Park, N.C., Syncfusion has more than 22,000 customers, including large financial institutions, Fortune 100 companies, and global IT consultancies.

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Cyber Armada adds Bryan Hester as Vice President of Cyber Risk


Bryan Hester, VP Cyber Risk

Bryan Hester, VP Cyber Risk

“Bryan brings deep and varied experience in cyber insurance, partner relations, and media strategy, all which will provide clear value to our internal team and external carrier partners.”

Cyber Armada, a leading broker for enterprise-class cyber insurance policies, today announced the addition of Bryan Hester to its leadership team. Bryan will serve as Vice President of Cyber Risk, and be a key business development touchpoint in the company’s relationships with cyber insurance carriers. With over 14 years of insurance underwriting experience, Hester brings a keen understanding of the growing cybersecurity sector.

Hester will be charged with monitoring the cyber market and educating the Cyber Armada’s staff and insurance carrier partners on risk assessment, coverage enhancements, policy trends, rate fluctuations, threat landscapes, attack vectors and methodologies. He will also be highly involved in coaching clients and staff on cyber hygiene, the procedures that help manage and mitigate cyber risk.

“Bryan brings years of cyber insurance underwriting experience to our team, and we are thrilled that he has joined us as Vice President of Cyber Risk,” said Ed Breman, Founder of Cyber Armada. “His industry acumen and deep understanding of the cyber insurance market will be invaluable as we continue to work with some of the most well-respected insurance carriers in the business.”

Before joining Cyber Armada, Hester served as a Professional Liability Underwriter for Axis Capital with specialties in Cyber Security, Media and Technology liability. In this position, he helped lead significant business development and risk analysis efforts, along with specialized media coordination initiatives.

“We are elated that Bryan Hester has joined the Cyber Armada management team,” said Steven Years, Cyber Armada’s Principal, “Bryan brings deep and varied experience in cyber insurance, partner relations, and media strategy, all which will provide clear value to our internal team and external carrier partners. We are confident that he will help to grow our business and ensure that all parties better understand the cyber threat landscape.”

About Cyber Armada

Cyber Armada Insurance is the go-to resource for best-in-class cyber risk management advice and insurance. We enable businesses to understand cyber risk, what’s financially at stake and how to navigate the cyber insurance market. We guide our clients through evaluation, preparedness, policy selection and, if needed, post-breach support. For more information, visit cyber-armada.com or call 1-888-727-6232.

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PRESS CONTACT:

Christina Tierney

VP Marketing

Cyber Armada Insurance

888.727.6232 X 704

christina.tierney@cyber-armada.com

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AEGIS Energy Risk Adds Interest Rate Derivatives Veteran


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“I am excited to join the firm at a time when interest rate and commodity price volatility are front and center and look forward to allowing our clients to manage both from an integrated platform,” said Rob Sabo.

AEGIS Energy Risk (“AEGIS”), the leading fintech and advisory solutions provider for commodity and rate hedging, announced today that Robert Sabo has joined the company as its Director of Rate Advisory.

“Our clients look to us as a trusted advisor for managing commodity price risk,” said Bryan Sansbury, CEO of AEGIS. “Given the capital intensity and significant floating rate risk in our clients’ businesses, interest rate advisory is a natural extension to our platform and services.”

Robert joins AEGIS from Rabobank, where he most recently served as an Executive Director, responsible for providing interest rate and commodity advisory and derivative hedging product solutions for the global bank’s domestic food production and agricultural client base.

Before joining Rabobank, Robert spent over 20 years in interest rate and commodity consulting, derivatives hedging, and leadership roles covering a broad range of middle market and large corporate clientele across a multitude of industries with firms such as HedgeWerks Risk Management, ABN AMRO Bank, LaSalle Bank, and CIBC.

Robert graduated with a Bachelor of Business Administration degree in Finance and Business Economics with Honors from the University of Michigan. Robert has also successfully received a Master of Business Administration degree in Finance from the University of Chicago.

“AEGIS is the recognized leader in hedge advisory. The platform – including View, Engage and Flow – is reshaping the way producers manage commodity and rate risk,” said Robert Sabo. “I am excited to join the firm at a time when interest rate and commodity price volatility are front and center and look forward to allowing our clients to manage both from an integrated platform.”

About AEGIS Energy Risk

AEGIS Energy Risk is the leading fintech and advisory solutions provider for commodity and rate hedging markets, having been recognized as the Hedge Advisor of the Year for the last 3 years by Energy Risk Magazine. AEGIS’ proprietary Engage and Flow software platforms and unmatched depth in the commodity and rate hedging markets combine to power companies, investors and lenders as they deploy, grow, and protect capital. For more information, please visit AEGIS-energy.com.

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Top Factors That Influence Insurance Rates


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“To determine premiums, insurance companies will analyze multiple and various factors. The driving experience and the credit score can significantly influence the price of insurance”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Car insurance companies will analyze multiple factors, before granting coverage to someone. All of these factors will contour a person’s risk profile, which is the probability of him to make a claim or to be involved in an accident in the near future.

The main factors that determine car insurance rates are the following:


  • The vehicle and its safety rating. Vehicles with high safety ratings will help drivers pay lower premiums. The safety ratings are based on factors like the likelihood of a vehicle to be involved in an accident and how likely a passenger is to be injured in an accident. Also, safety devices will make the car safer and lower insurance rates. To find out about the safety ratings of a vehicle, policyholders can check the websites of IIHS and NHTSA.
  • The driver’s credit score. In most states, insurance companies are allowed to look at drivers’ credit scores in order to determine their insurance rates. Only persons with an excellent credit score will get the best rates, so even having a good credit score is not enough.
  • Address demographics. Insurance companies will be interested in how densely populated is the area, if the traffic is heavy and often congested, car theft reports, road infrastructure, unemployment rate, number of claims in the area and number of lawyers in the area.
  • Driving experience. First-time drivers will always be charged higher premiums. The insurance rates will become lower after several years of driving.
  • The insurance policy itself. Depending on how much coverage and how many add-ons are added on policy, the policy can be cheap or expensive. Policyholders should apply only for policies they actually need.

For additional info, money-saving tips and free car insurance quotes, visit https://carinsuranceplan.org/

Carinsuranceplan.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, free quotes and money-saving tips, please visit https://compare-autoinsurance.org/

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CoolIT Systems Appoints Experienced CEO to Lead Organization


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Joining CoolIT at this stage of the company’s growth was an easy decision for me,” said Steve Walton. “CoolIT is already trusted by the industry’s largest players and I will be investing in increasing our expertise and further strengthening these relationships.

Board of Directors Chair, Dean Prodan, commented, “We are thrilled to welcome Steve Walton to the CoolIT team. Steve’s experience as a strategy driven, results oriented leader will allow CoolIT to continue scaling quickly while delivering the best quality products to a constantly evolving market.”

“Joining CoolIT at this stage of the company’s growth was an easy decision for me,” said Steve Walton. “CoolIT is already trusted by the industry’s largest players and I will be investing in increasing our expertise and further strengthening these relationships.”

With over 20 years of international experience scaling technology companies, streamlining their operations, and increasing global and regional market share, Steve is a natural fit for CoolIT Systems and their next stage of growth. Before joining CoolIT Systems, Steve led AC Photonics through significant growth while also introducing solutions to increase operational efficiency and exceeding the corporation’s financial objectives.

Before AC Photonics, Steve held several executive roles at MicroTechnologies, Huntington Capital PE Group, and WFM, focusing on growth strategies.

Steve holds Bachelor degrees in both Finance and Mechanical Engineering, and an MBA in Finance.

About CoolIT Systems

CoolIT Systems specializes in scalable liquid cooling solutions the world’s most demanding high performance computing environments. In the desktop enthusiast market, CoolIT provides unparalleled performance for a range of gaming systems. Through its modular, rack-based Direct Liquid Cooling technology, Rack DLC™, CoolIT enables dramatic increases in rack densities, component performance and power efficiencies. CoolIT partners with the global leaders in OEM server design to provide the most efficient and reliable liquid cooling solutions that provide high performance cooling for their own leading-edge products. Together, CoolIT and its partners are leading the way for widespread adoption of high-performance computing.

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Top Questions Drivers Should Ask Agents During Negotiations


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“Drivers should always ask their car insurance agents more details about the coverage levels, discounts, and how they handle claims”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Dealing with car insurance agents can be challenging for many drivers. Even though they present themselves helpful and reliable, policyholders should keep in mind that the main goal of car insurance agents is to sell policies for their companies.

Drivers who are dealing with insurance agents should ask them the following questions:


  • Ask about the available discounts. Most drivers know about several discounts like low-mileage, good driver, loyalty, and others. However, there are some discounts that are less obvious. Policyholders should check with their insurance agents what discounts are available to them and what are the requirements for each discount. Doing this will help drivers figure out how much money they can save.
  • Ask about the coverage levels. Good and honest insurance agents are capable to explain the advantages and disadvantages of several coverage limits. For example, most agents will recommend to drop full coverage on older vehicles or to purchase extra insurance like gap coverage for newer cars. Also, an honest agent will inform the policyholder about the state’s minimum required coverage. Insurance agents who offer high estimates and add too many options in a policy should be avoided.
  • Ask about the covered events. Each policy covers different events. Insurance agents know exactly what events are covered by each policy and they can patiently give more information about this subject to the policyholders. However, policyholders should carefully read the insurance contract before signing it.
  • Drivers should ask what happens to their cars if they are totaled. Having the car totaled can be an unpleasant situation for many drivers. To reimburse the policyholders that got their vehicles totaled, insurance companies can use the actual cash value of a vehicle to repay the drivers, or they can use an agreed value. The last value is agreed by both the insurer and the policyholder before the accident takes place.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, free quotes and money-saving tips, please visit https://compare-autoinsurance.org/

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