Category Archives: Technology: Electronics

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Technology: Electronics

VRG Components Awarded ISO 9001:2015 Certification

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VRG Components ISO 9001:2015 Certificate

VRG Components’ ISO 9001:2015 Certificate

Achieving ISO 9001:2015 certification demonstrates our commitment to ensuring quality and providing the best possible service to our customers around the world.


CHARLOTTE, N.C. (PRWEB)

VRG Components, an independent distributor of electronic components, announces that they have been awarded the ISO 9001:2015 certification. ISO is one of the most rigorous and well-regarded standards organizations in the world and the company’s decision to pursue the ISO 9001:2015 accreditation demonstrates their commitment to providing high quality electronic components to their customers.

The International Organization for Standardization (ISO) 9001:2015 is the most updated standard of its kind and focuses on quality management systems and performance. It assists companies in developing a management system that aligns quality with their wider business strategy. There is a focus on risk-based thinking and accountability in all organizational processes that helps improve communications, efficiency, and implementation of continuous improvement.

The extensive process started early in 2019 with the addition of Quality Assurance Manager and certified ISO auditor, Michael Robertson. With a wealth of experience in automation and manufacturing, Mr. Robertson led the initiative with management team leaders as they aligned the company’s processes and procedures with the standard.

CEO Ruben Gutierrez reports, “Achieving ISO 9001:2015 certification is the culmination of many months of meaningful work. It demonstrates our commitment to ensuring quality and providing the best possible service to our customers around the world. In the competitive global economy, we feel that this commitment to quality and continuous improvement is essential to building and maintaining strong relationships with our customers and suppliers.”

The VRG Components organization was audited by AudIT3 and presented with their certificate on April 8, 2020.

ABOUT VRG COMPONENTS, INC.

As an independent distributor of electronic components, VRG Components supplies hard-to-find, high quality electronic components enabling customers to bridge supply gaps, reduce costs, manage inventory, and speed time to market. VRG Components has established an extensive, reliable, global electronic components distribution network which complements their clients’ existing supply channels. The company’s multi-lingual purchasing team sources components worldwide 24 hours a day to secure hard-to-find, long lead time and obsolete parts.

Customers around the world turn to VRG Components to keep their supply chains intact, reduce carrying costs, minimize the effects of price increases or shortages, and achieve accuracy in cost planning.

For more information visit our website. Follow us on LinkedIn, Facebook, Instagram & YouTube.

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Technology: Electronics

Ultracapacitor Combat Humidity Challenges

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JEONJU CITY, South Korea (PRWEB)

R&D Lab at VINATech has developed a new Ultracapacitor solution of NEO VET Ultracapacitors which will be particularly ideal for Internet of Things and Advanced Metering Infrastructure applications.

◎ VET Ultracapacitors of + 85℃ temperature,

◎ Single Cell 2.7v Ultracapacitor

◎ 2 series 5.4v Ultracapacitor modules

◎ Learn more about NEO VET 2.7v Ultracapacitor Datasheet at :

    https://www.vina.co.kr/eng/product/supercapacitor-2v7.php#neovet

VET Series Ultracapacitors provides a range of Capacitance from 3.3 farads to 15 farads at 2.7v and also 2 series Ultracapacitor modules will be launched imminently. VET Ultracapacitor samples are now available and Mass Productions starts from the second quarter 2020.

Until recently, managing high temperatures was handled by de-rating actual working voltage of standard + 65℃ Ultracapacitor types, however, the new VET series of Ultracapacitor uses VINATech patented Anti Wetting technologies to enable a robust lifetime at 85℃ of 1,000 hours in 85% relative humidity at a full 2.7v dc working voltage. The new VET Ultracapacitor series also boasts significant Leakage Current improvements, ESR stability over time and Capacitance performance when compared to other de-rated 85℃ types on the market to date. Expected lifetime of 500,000 full charge and discharge cycles can be expected.

Humidity challenges will also be reduced as Ultracapacitor, the VET series of Ultracapacitor utilises benefits from the Anti Wetting technology and can withstand higher than average humidity levels.

About VINATech

VINATech established in 1999 has developed and produced Ultracapacitor and Fuel Cell Membrane Electrode Assembly, and is equipped with smart factory based production facilities with the highest level of automation in order to ensure the highest quality level. Call +82 31 448 3066 or contact us for Ultracapacitor solution and please visit our web site for more information.

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Technology: Computer

Estelle California Releases Her First Book, Des Boucles D’or, The Loops of Gold

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Des Boucles D’Or (The Loops of Gold)


LOS ANGELES (PRWEB)

Empowered artist Estelle California shares another window into her inspiring journey through her new book, Des Boucles D’or, which translates to “The Loops of Gold” in English. This book is a collection of lyrics and poetry Estelle wrote while she was in France working her way to healing from her past.

In the same way that she writes her songs, Estelle channeled these words from her soul or subconscious. “As these words came beyond my will, in few minutes each time with such a coherence, I had no other choice than to accept that they were coming from a place that knew better than me,” Estelle writes in the intro.

Estelle hopes that, like the soul-filled music in her latest EP My Name Is Freedom, Des Boucles D’or provides inspiration and hope for people who are searching for healing. She lays out her own truth for others to learn from her journey.

Des Boucles D’or is now available on Amazon. You can follow Estelle on Facebook and Instagram to stay tuned to her latest activities. Also, check out her website at http://www.estellecalifornia.com.

About Estelle California

Estelle California is a singer/songwriter born in France. She’s recently released her debut EP, My Name Is Freedom, gaining critical acclaim from the media for her “hard-hitting, socially conscious pieces.” Estelle has a following of over 15,000 on Facebook, a tight-knit community she calls her “Soul Family.” She has made appearances on podcasts and radio shows such as America Meditating Radio Show, Through a Therapist’s Eyes, and The Dave Pamah Show, where she has spoken of her healing journey from past hardships in France to her current life as an empowered artist in Oakland, California. As a musician, Estelle draws inspiration from artists like Nina Simone. Her lyrics offer an overall message of empowerment and hope.

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Technology: Computer

Lenovo Announced as the Title Sponsor for the VR/AR Global Summit ONLINE Conference+Expo

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VR/AR Global Summit ONLINE

The global pandemic is helping accelerate digital transformation as enterprises deploy technology to adjust to new operational norms. VR and AR have proven, high-value use cases, such as remote assistance and virtual training, that enable a workforce to achieve new efficiencies.


SAN FRANCISCO (PRWEB)

The VR/AR Association (VRARA) today announced Lenovo as the Title Sponsor of the VR/AR Global Summit Online (GSO) Conference + Expo, taking place June 1-3, 2020. This event will showcase the latest in scalable enterprise Virtual Reality and Augmented Reality solutions and address the role immersive technologies play in the current world situation due to COVID-19. Lenovo, a leader in the immersive tech industry, will take the stage and host discussions on its cutting-edge technology and thoughts on a post-pandemic industry.

“The global pandemic is helping accelerate digital transformation as enterprises deploy technology to adjust to new operational norms. VR and AR have proven, high-value use cases, such as remote assistance and virtual training, that enable a workforce to achieve new efficiencies. Lenovo anticipates a dynamic exchange of experiences and insights with customers and industry peers to advance the adoption of extended reality technologies during the Global VR/AR Summit,” said Michael Leone, Director of Commercial AR/VR, Intelligent Devices Group, Lenovo.

The Summit will feature Fortune 500’s to startups and expects to host 10,000+ attendees. The event, which will take place over 3 days and across 3 time zones, will feature over 200 speakers and exhibitors, plus a large number of networking and social events. The lineup, featuring panelists and keynote speakers, will deliver compelling insights on the current state and future of VR and AR and the impact on specific sectors such as enterprise, education, entertainment and healthcare.

The show will highlight curated content about COVID-19, the “new normal” and what is happening now in the world. It will explore the important role of immersive tech, including Remote Work, Online/Virtual Events, Re-Opening the Economy with Virtual Tech, Enterprise and Training, Music/Entertainment Online, Digital Humans and the Psychology of Avatars. Thought leaders from around the globe will gather to share their thoughts and ideas.

“We welcome Lenovo as the Title Sponsor of the event and know that they are in stellar company for our online conference,” says Kris Kolo, Global Executive Director, VRARA. “We are excited to welcome sponsors and speakers from Intel, Axians, Periscape VR, TigerHeart London, AndPull, PICO, World Bank, IBM, USA Today, the VR Fund, Deutsche Telecom, Korea Telecom, HTC Vive, WondARlands, AARP, HP, Nokia, Stanford University, Cleanbox, YUR Fit and so many other incredible global companies.”

Tickets to the Global Summit Online are now available. Ticket prices range from $0 – $99 USD for Premium Access, that allows for networking in the event and social events. To learn more about the Global Summit Online and to get tickets, please visit http://www.vrarglobalsummit.com

About the VR/AR Global Summit

VR/AR Global Summits are world-class events bringing together the best knowledge and networking for enterprise, hardware, software and content providers.

About the VR/AR Association

The VR/AR Association (The VRARA) is an international organization designed to foster collaboration between companies and brands in the virtual reality and augmented reality ecosystem that accelerates growth, fosters research and education, helps develop industry standards, connects member organizations and promotes the services of member companies.

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Technology: Computer

Hypersonix Receives $11.5M in Series A Funding Led by Intel Capital for AI-Driven Autonomous Analytics Platform™ Founded by Former Executives from SAP, PayPal, IBM

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Hypersonix provides enterprises with industry-specific AI capabilities targeted towards decision makers and business leaders, who demand accelerated time to value.” – Mark Rostick, vice president and senior managing director at Intel Capital


SAN JOSE, Calif. (PRWEB)

Hypersonix has received $11.5M in Series A funding led by Intel Capital with participation from existing investors. Hypersonix was founded by successful serial entrepreneur and former SAP executive Prem Kiran, and is led by an impressive co-founding team, including Rama Rao, former MIT research faculty member for advanced analytics, as well as former PayPal and Intuit data executive, and Todd Michaud, a former IBM executive and former president at Retalix. Hypersonix is an autonomous analytics and decisioning platform that is transforming consumer commerce data with artificial intelligence and automation. Amazon Lab126 is among its early customers.

The investment comes at a time when IDC predicts worldwide revenues for big data and business analytics (BDA) solutions to reach $274.3B by 2022. It also arrives on the heels of Gartner’s finding that, by 2021, “NLP and conversational analytics will boost analytics and BI adoption from 35% of employees to over 50%, including new classes of users, particularly front-office workers.”

“Every wave of IT innovation creates a new set of opportunities,” said Mark Rostick, vice president and senior managing director at Intel Capital. “Hypersonix provides enterprises with industry-specific AI capabilities targeted towards decision makers and business leaders, who demand accelerated time to value. Hypersonix offers an easy to use self-serve platform that interprets and provides insights at a level that allows business leaders to focus on their core business and not overload their IT.” Vijay Reddy, investment director, at Intel Capital who focuses on investments in AI and Infrastructure, will be joining the Hypersonix board of directors.

“Companies of all sizes are looking for guidance amidst unprecedented challenges,” said Prem Kiran, Founder & CEO, Hypersonix. “We are here to empower everyone within the enterprise with a self-service analytics solution that offers recommendations in the moment, leveraging existing data sources alongside purpose-built engines that understand pricing, churn, consumer behavior patterns, along with external data like weather and local events, to meet the particular needs of consumer commerce.”

Kiran continued, “Timeliness, and time-to-value, have become more important than ever, as companies navigate a post-COVID-19 marketplace, where the value of historical data has become a distant second to the real-time connection between customers and their needs.”

Hypersonix has raised $15M+ in funding to date and intends to use the capital for the rapid expansion and deployment of its Autonomous AI Analytics platform within consumer commerce industries, including retail, restaurant, hospitality, e-commerce, consumer-packaged goods (CPG) and manufacturing. The company has already demonstrated YoY growth of over 400%, with a rapidly growing portfolio of leading brands.

Hypersonix’s funding follows recent high-profile exits that include Tableau (acquired by Salesforce) and Looker (acquired by Google).

About Hypersonix

Hypersonix offers the most comprehensive cloud-based, AI-powered autonomous analytics platform that enables consumer commerce decision-makers to make smart decisions fast—empowering them to get real-time intelligence, insights and recommendations to take timely actions leading to business success. Hypersonix’s predictive and prescriptive analytics can measure and monitor business results, clarify why results are occurring, and recommend actions to drive improvements. Leveraging innovations in Machine Learning (ML), Natural Language Programming (NLP) and real-time data computing, the platform offers a simple, fast “Google-like” experience supported by “Jarvix,” a virtual assistant. Designed for Retail, Restaurant, Hospitality, e-Commerce, Consumer Packaged Goods(CPG) and Brand Manufacturers. Hypersonix helps clients drive profitable growth, save money and improve customer engagement. Founded in 2018 by former executives from SAP, PayPal and IBM, the company is based in San Jose, with offices in Sacramento, California and Bangalore, India.

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Technology: Computer

Online Discussion Platform Harmonize Integrates New Plagiarism Detection Tool Urkund

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Urkund is an intuitive platform that improves institutional effectiveness and academic integrity, and integrating it into Harmonize will further our mission to deliver instructors and students the tools they need to thrive as they converse and collaborate online


CHICAGO (PRWEB)

42 Lines, a leader in custom edtech development and creator of the Harmonize online discussion platform, today announced its partnership with Urkund, a global market leader in plagiarism prevention.

“As reliance on online learning scales, institutions are more concerned than ever with protecting the integrity and quality of their students’ learning experience,” said Eric Gibbs, President, North America of Urkund. “We look forward to our partnership with 42 Lines in transforming the student experience to enable greater online and original collaboration within Harmonize.”

Urkund consistently ranks best in global tests of text-similarity detection services by leading researchers. Its unique approach to plagiarism detection uses machine learning to reduce false positives, while new technology enables matching between a growing list of languages.

“With online discussion becoming an increasingly central part of education, instructors urgently need tools that inspire student engagement,” said Marcus Popetz, co-founder and CEO of 42 Lines. “Urkund is an intuitive platform that improves institutional effectiveness and academic integrity, and integrating it into Harmonize will further our mission to deliver instructors and students the tools they need to thrive as they converse and collaborate online.”

Through the integration with Urkund, instructors can check the integrity of their students’ discussion posts in a variety of languages, along with other assignments shared, within the Harmonize online discussion platform. Harmonize works seamlessly with any learning management system, including Canvas by Instructure, Brightspace by D2L, Blackboard, and Moodle.

With a visually appealing, easy user interface that mimics social media platforms, Harmonize enables students to quickly survey content at a glance and dive into posts that interest them the most. The ability to share and annotate images and videos within the platform empowers students and instructors to engage in academic conversations bolstered by rich media for deeper learning. Harmonize is easy to use regardless of location or device. Users can transfer drafts fluidly from mobile to desktop and back again.

Instructors have access to qualitative and quantitative data on student participation and course progress in Harmonize, saving time on grading and enabling them to reach all students.

Visit Harmonize.42lines.net to learn more.

About 42 Lines

42 Lines has more than a decade of experience developing innovative education technology solutions for higher education institutions and organizations looking to surpass industry standards. Created in response to educator and student feedback, the Harmonize platform seamlessly integrates with learning management systems to create an engaging, collaborative community for dynamic academic discussion, creative and analytical thinking, and in-depth feedback that drives improved learning outcomes. To learn more about 42 Lines, visit 42lines.net. To learn more about Harmonize, visit harmonize.42lines.net.

About Urkund

Urkund supports academic institutions, secondary schools, and corporations in their institutional effectiveness and quality initiatives by delivering a fully automated system for checking text originality and preventing plagiarism. The software is fully integrated into all major learning management systems and uses advanced machine learning to deliver test-winning accuracy. With 20 years at the forefront of promoting academic integrity, Urkund now serves over 5,000 institutions in nearly 80 countries worldwide. Urkund is privately owned and headquartered in Stockholm, Sweden. Learn more about Urkund at Urkund.com.

Press Contact

Heather A. Hodgson

42 Lines

heather@42lines.net

Carl-Fredrik Wållgren

Urkund

carl-fredrik.wallgren@urkund.com

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Technology: Electronics

Axiom’s White Label Programs Help Businesses in Europe Capitalize on Explosive Growth in Adoption of Digital Payments

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“In Europe, it was clear there were gaps in financial options for the unbanked and younger people who are virtual service driven,” said Steven Foster, CEO, Axiom Prepaid Holdings. “We developed prepaid card options for them as well as a white label prepaid card program for businesses.”


BUDAPEST, Hungary (PRWEB)

As Europe continues its rapid adoption of digital payment methods in lieu of traditional banking options, opportunities abound for businesses seeking to capitalize on that. One of the growing trends in the prepaid card space is use of white labeling for both brand-building and revenue generation. Axiom Prepaid Holdings introduced one such program last year after doing extensive research and talking to consumers throughout different regions of the EU about what kinds of services they do not have and would like access to.

Axiom is a global provider of digitally-driven end-to-end payment solutions powered in large part by prepaid cards programs. Its white label prepaid card programs allow businesses to have their name and logo on a prepaid Visa or Mastercard app – with physical card and desktop access also available.

“In Europe, in particular, it was clear to us that there were significant gaps in financial options for the unbanked and younger generations who are virtual service driven,” said Steven Foster, CEO, Axiom Prepaid Holdings. “We not only developed prepaid card options specifically for those individuals but we took in one step further and developed a white label program to get businesses in on the benefits of prepaid cards.”

Axiom creates and administers the white label programs on a customized-basis and ensures all security, compliance and regulatory considerations are addressed. Some clients use the program to earn fees from the cards while others use the cards to establish cement their brand and others use it for both. Clients chose the fee structure, fund distribution channel and card features that work for them. Typical card features may include peer-to-peer transfers, ability to load multi-currencies, spend tracking, direct deposit, rewards and even microloans and credit reporting.

The branded prepaid card programs are typically used to pay commissions, reward loyalty, and distribute compensation to their own customers, agents and affiliates. The programs also offer a cost-effective alternative to traditional corporate payroll programs and investment advisory services. Equally important, the programs build loyalty and engagement with customers and employees and provide businesses with the ability to collect data, analytics and tracking for use in improving customer outreach efforts.

In Europe in particular, the demand for such products and services is evident. In 2017, over 601 million people in Europe used digital payments. That number has since increased to more than 660 million with forecasts predicting Europeans using cashless payments will skyrocket to 705 million by 2023. Likewise, in a report by Deloitte, Payments Disrupted: The Emerging Challenge for European Retail Banks, the organization stated it expects that the status quo in which payment systems continue to be run by and for the major banks “will not survive.”

“Changing consumer preferences and tech enabled innovation in Europe have given way to vast opportunities for a simpler banking experience that benefits consumers and businesses alike. We are happy to play a role in offering prepaid card options that work for everyone,” Foster added.

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About Axiom Prepaid Holdings

Axiom Prepaid Holdings was started with one goal in mind: To make financial services easier – for everyone. Through the power of digitally-driven end-to-end payment solutions, the company provides prepaid card options for the unbanked and underserved; and white label programs to companies that want to showcase their brands while offering customers and employees alternatives to traditional money management. Today, Axiom has nine offices and conducts business in 20 countries. Every day, the Axiom team is hard at work providing turnkey solutions that help cardholders gain economic freedoms and help businesses achieve success. To learn more about Axiom Prepaid Holdings, please visit: http://www.axiompph.com.

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Technology: Computer

Imagine Language & Literacy Named Best Reading/Literacy Solution

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“We know the rigorous process the EdTech Digest Awards Committee puts in place to vet the value of K-12 edtech programs, and we’re honored to be recognized for the quality and efficacy of Imagine Language & Literacy,” shared Jeremy Cowdrey, CEO of Imagine Learning.


PROVO, Utah (PRWEB)

Imagine Learning, a Weld North Education company and leading educational technology developer of supplemental adaptive curriculum for PreK through eighth-grade students, announced that Imagine Language & Literacy is named the 2020 EdTech Digest Cool Tool Award Winner for Best Reading/Literacy Solution. Winners are chosen based on criteria including pedagogical workability, efficacy and results, support, clarity, value, and potential.

Imagine Language & Literacy is an adaptive learning solution that accelerates reading and language proficiency for students in PreK through sixth grade. Through a comprehensive, systematic, and standards-aligned scope and sequence, students develop critical skills in phonological awareness, phonics, fluency, vocabulary, and comprehension. Imagine Language & Literacy also teaches academic language, which is essential to comprehending increasingly complex grade-level texts. With adaptive instruction, extensive scaffolding, and first-language support, Imagine Language & Literacy is uniquely qualified to address the diverse instructional needs of today’s learners—whether they are on- and above-grade level, English learners, or striving readers—all in a single program.

“We’re humbled to have Imagine Language & Literacy named as Best Reading/Literacy Solution as part of the EdTech 2020 Awards,” shared Jeremy Cowdrey, CEO of Imagine Learning. “We know the rigorous process the EdTech Digest Awards Committee puts in place to vet the value of K-12 edtech programs, and we’re honored to be recognized for the quality and efficacy of Imagine Language & Literacy.”

The EdTech Awards recognize people and products with three main honors, The EdTech Cool Tools Awards, The EdTech Leadership Awards, and The Ed Tech Trendsetter Awards. Imagine Learning is honored with five additional Finalist Awards including:

  •     EdTech Trendsetter Awards Finalist, EdTech Company Setting a Trend: Imagine Learning

  •     EdTech Cool Tool Finalist, Language Arts Solutions: Imagine Language and Literacy

  •     EdTech Cool Tool Finalist, Math Solution: Imagine Math PreK-8

  •     EdTech Cool Tool Finalist, Personalized Learning Solution: Imagine Math PreK-8

  •     EdTech Cool Tool Finalist, Testing & Assessment Solution: Galileo® K-12

“A very big congratulations to the finalists and winners of The EdTech Awards 2020. To those who stepped up and continue to do so—empathic educators, persistent parents, laudable leaders moving learning forward, especially in these times—we salute you. Your tireless efforts awaken others to the resoluteness and goodness of the human spirit,” said Victor Rivero, Editor-in-Chief of EdTech Digest.

“To those moving students forward across K-12, higher education, and workforce learning—in these unprecedented times we hope this recognition brings you some much-deserved joy and light to help see you through. Thank you,” said Rivero.

Past Imagine Learning EdTech Awards include 2019 Language Learning Solution Cool Tool Award and Literacy/Reading Solution Cool Tool Award for Imagine Language & Literacy. Additionally, Imagine Math was awarded the Personalized Learning and Math Solution Cool Tool Award.

The EdTech Awards were established in 2010 to recognize, acknowledge, and celebrate the most exceptional innovators, leaders, and trendsetters in education technology. More than $50 Billion USD has been invested worldwide across the global edtech landscape in just the last several years, according to EdTech Digest.

The full list of products and companies identified by EdTech Digest as winners and finalists winners can be found here https://edtechdigest.com/2020-finalists-winners/

About Imagine Learning:

Imagine Learning is a leading educational technology company providing equity of access to learning through supplemental digital curriculum for PreK through eighth-grade students. Our adaptive suite of Literacy, Reading, Math, and Assessment solutions are powered by the Imagine Learning Language Advantage™, a theory of action that promotes rigorous and equitable development of language, enabling students to have deeper comprehension, engagement, and enjoyment of learning. Over 3.5 million students nationwide benefit from Imagine Learning programs to accelerate their learning.

Learn more at https://www.imaginelearning.com/

Imagine Learning LinkedIn https://www.linkedin.com/company/imagine-learning

Imagine Learning Facebook https://www.facebook.com/imaginelearning

Imagine Learning Twitter https://twitter.com/ImagineLearning

Further information about The EdTech Awards is available here:

https://edtechdigest.com/

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Technology: Electronics

AEGIS Adds Director Of Marketing To Enhance Client Engagement

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“There has never been a stronger case for hedging commodity and rate risk and Emily will ensure we reach the producers and consumers likely to benefit most.” said Bryan Sansbury, CEO of AEGIS.


THE WOODLANDS, Texas (PRWEB)

“Our commitment to invest includes making sure we have the best talent. Emily’s deep expertise in marketing, communication, and energy will ensure our capabilities are well understood and continue to expand with the ever-increasing needs of the commodity and rate markets,” said Bryan Sansbury, CEO of AEGIS. “There has never been a stronger case for hedging commodity and rate risk and Emily will ensure we reach the producers and consumers likely to benefit most.”

Emily joins AEGIS from PTW Energy Services (“PTW”), where she led building and expanding the brand in the United States. Prior to PTW, Emily spent over 10 years in other various marketing roles within the oil & gas industry, including Halliburton, BJ Services, and Quorum Business Solutions. Throughout these roles, she has gathered a wealth of knowledge on engaging clients and creating sustainable brands. This diverse experience will be an asset to expanding AEGIS’ position in the market.

Emily graduated with a Bachelor of Business Administration in Marketing from Texas A&M University. Over the years, she has also been involved with the American Marketing Association, Business Marketing Association, Houston Livestock Show and Rodeo, and several local charities.

“I am excited to join the AEGIS team and value their commitment to their clients,” said Emily McLean. “Being involved in the energy sector for my entire career, I have seen first-hand how the firm has developed an innovative suite of products and expertise that truly sets it apart as the industry leader in the commodity and rate hedging market. I look forward to working with the team to continue to expand within and outside of the energy sector.”

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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Technology: Electronics

Batteries Plus Announces Hiring of Joe Malmuth as Managing Director of Franchise Development

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HARTLAND, Wis. (PRWEB)

Batteries Plus, the leading omnichannel retailer of batteries, specialty light bulbs and phone repair services, is pleased to announce the addition of Joe Malmuth as Director of Franchise Development. Malmuth joined the Batteries Plus team on May 11th.

In his new role, Malmuth will be responsible for overseeing all aspects of franchise development. In addition to working with new owners and franchise consultants to expand the system, he will also be managing programs focused on helping current owners develop territory and facilitate transactions. Malmuth will report directly to Chief Strategy Officer Jon Sica.

“We are thrilled to welcome Joe Malmuth into the Batteries Plus family,” said Sica. “With his extensive experience in franchise development and growth strategy, he is well-positioned to help lead Batteries Plus as we aggressively pursue our expansion goals. We have major franchise development plans in store for 2020 and beyond, and having Joe on the team will be fundamental to our success.”

Malmuth joins Batteries Plus at a crucial time in the company’s history. With more than 720 stores across the U.S., Batteries Plus is set for major growth as an essential retailer in 2020. The brand opened 14 new franchise stores and four new corporate-owned stores in 2019 and plans to open an additional 12 units in 2020. Despite COVID-19, Batteries Plus already signed two new deals in March for three units, one of which for the brand’s first location in Vermont.

Batteries Plus businesses across the country remain open for both consumer and commercial customers in an effort to help individuals, communities, and organizations keep their devices and electronic equipment (including medical devices like EKG machines, respirators and ventilators) running as smoothly as possible. By providing essential products that customers will always want to have on hand and by offering franchisee support and communication during the coronavirus pandemic, Batteries Plus ensures that it remains a profitable opportunity for franchisees.

“Throughout COVID-19, Batteries Plus has done a world-class job in providing ongoing support, resources and assistance in every way,” said Malmuth. “In a post COVID-19 world, business is going to change, and candidates are going to look for the brands that have shown the ability to not just survive tough times, but thrive. Batteries Plus has pivoted and met the customer where they are in order to continue to provide an invaluable service to communities in need. I was a volunteer firefighter for a long time, and I know the importance of having those live-saving tools charged and ready to go.”

Prior to joining Batteries Plus, Malmuth most recently served as Vice President of Franchise Relations at My Eyelab, the fastest-growing optical retail franchise in the country. Malmuth’s responsibilities included strategic development of lead generation, franchise development, content development, branding, strategic positioning, FDD curation, Operations Manual curation, training program development and budgeting. He led advancements across many areas and reconstructed the entire franchise network with an emphasis on growth, creating and implementing franchise development strategies that increased the number of executed franchise agreements by 186% and the number of operating units by 125%.

Before My Eyelab, Malmuth worked for six years at United Franchise Group, which consists of a number of award-winning business-to-business brands and franchise development services, including some of the world’s largest industry-leading names. At United Franchise Group, Malmuth served as the Regional Vice President of the Carolinas, where he developed tours throughout the region, increasing the number of new units by 21%.

Now, Malmuth is thrilled to join the Batteries Plus brand and bring his industry expertise to help grow the franchise system, create jobs, and provide batteries for life-saving equipment in the communities that the brand serves.

“Batteries Plus is a legacy brand with a proven model that’s been around for more than 30 years,” said Malmuth. “I’m excited to help grow the system with new franchisees, existing owners expanding their portfolio and equity groups looking for sound investments. Some franchise candidates tend to overlook culture, but a franchisor’s culture is what produces results. Batteries Plus has seen continued success and economic growth through a winning culture, proven support infrastructure and mission to keep the brand moving in the right direction — I’m proud to join the team.”

ABOUT BATTERIES PLUS:

Batteries Plus, founded in 1988 and headquartered in Hartland, WI, is a leading omnichannel retailer of batteries, specialty light bulbs and phone repair services for the direct-to-consumer and commercial channels. The retailer also offers key programming, replacement and cutting services. Through a nationwide network of stores, the company offers a differentiated value proposition of unrivaled product selection, in-stock availability and customer service. Batteries Plus is owned by Freeman Spogli, a private equity firm based in Los Angeles and New York City. To learn more about one of Forbes®’ Best Franchises to Buy in America, visit https://www.batteriesplusfranchise.com.

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