Increase Ad Revenue Across VOD, OTT and Addressable Linear with SureFire Video Ad Server

Linear-like control enables media companies to sell premium inventory direct to advertisers ― raising eCPMs and fill rates ― and keep more ad revenue, while reducing total cost of ownership

Denver, April 20, 2022 (GLOBE NEWSWIRE) — Imagine Communications today announced the addition of SureFire™ video ad server to its suite of monetization solutions, addressing decade-old gaps in the cost, yield, and quality of advertising on digital video streams. The game-changing product will be shown for the first time at the 2022 NAB Show (24–27 April, Las Vegas Convention Center, booth C2122).

SureFire provides the linear-like control and brand protection needed to directly sell inventory on OTT platforms, enabling media companies to sell and fulfil campaigns across their entire audience. It also enables media companies to lower overall costs by eliminating silos, while increasing margins and keeping more ad revenue via direct sales ― eliminating intermediaries that take a percentage of revenue.

The result is more revenue, higher eCPM prices and improved fill rates, as well as a great advertiser and viewer experience.

“Digital video advertising is growing rapidly, by as much as 50% according to some sources,” says Brad Herman, senior vice president, product, at Imagine Communications. “But we don’t think that the monetization is as effective or safe as it has been for linear TV.”

While multiplatform content delivery is fast becoming ubiquitous, quick digital deployments have led many media companies to deploy separate ad management systems for OTT and traditional linear, which is expensive, inefficient and often results in a poor experience for both viewers and advertisers. SureFire, combined with Imagine’s unified monetization solution, consolidates cross-platform workflows, enabling media companies to increase revenue opportunities, reduce total cost of ownership (TCO), and deliver a consistent, quality experience for streaming OTT and VOD.

Viewers and advertisers desire a quality, linear-like advertising experience across all video platforms and devices; however, brand rules, such as frequency or competitive separation, are often not enforced on OTT platforms. SureFire enables common, broadcast advertising rules across OTT and traditional linear, providing a unified premium ad experience for viewers wherever they consume content.

SureFire operates as a managed cloud service on Amazon Web Services (AWS), so it has flexibility and scale to meet the needs of any media company. Auto-scaling enables SureFire to support millions of ad requests per second, with sub-100ms response times even under heavy load. It uses the advertising industry-standard VAST and VMAP protocols to communicate dynamic ad insertion instructions with AWS Elemental MediaTailor.

Using open APIs, SureFire has been pre-integrated with Imagine’s Landmark™ Sales ad management platform, providing media companies a smooth path to unified monetization of OTT and linear TV. SureFire is also fully compatible with the recently announced Imagine Aviator™ cloud-native, unified origination and monetization platform, providing broadcast-quality ad decisions to monetize OTT and FAST channels created by Aviator.

“All the projections for advertising suggest that linear television revenues are relatively flat,” Herman adds. “In order to thrive, media companies must find a way of capturing the premium values of linear television and applying it to their digital advertising — maintaining brand values and aggregating audiences across all platforms. SureFire is designed to deliver against these needs.”

The first customer deployments of SureFire are expected in the summer of 2022.

During the 2022 NAB Show, Brad Herman will host “The Importance of Creating a Linear-Like Advertising Experience for Connected TV” (Sunday, April 24, 1:00-1:30 p.m. PT, Capitalize Inspiration Zone), a panel discussion on the challenges in addressable OTT cloud monetization and best practices to support premium advertising.

For more information about Imagine Communications’ products and solutions, please visit https://www.imaginecommunications.com

About Imagine Communications

Imagine Communications empowers the media and entertainment industry through transformative innovation. Broadcasters, networks, video service providers and enterprises around the world rely on our optimized, futureproof, multiscreen video and revenue enablement solutions every day to support their mission-critical operations. Today, nearly half of the world’s video channels traverse our products, and our software solutions drive close to a third of global ad revenue. Through continuous innovation, we are delivering the most advanced IP, cloud-enabled, software-defined network and workflow solutions in the industry. Visit https://www.imaginecommunications.com for more information, and follow us on Twitter @imagine_comms.

 

Attachment

Meriam Khan
PR agency of Imagine Communications
+44 (0) 7768 022162
meriam@mkm-marcomms.com

Zoom Announces Latest Certifications and Innovations for Enhanced Platform Security

Zoom highlights recent security and privacy efforts with new global third-party certifications and product features

SAN JOSE, Calif., April 20, 2022 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it has recently received a variety of third-party certifications and attestations, unveiled product innovations, and established programs, which collectively demonstrate the many initiatives undertaken at Zoom that help protect the security and privacy of its users.

“Safety, security, and privacy are at the core of how we make decisions at Zoom and enhance our platform,” said Jason Lee, Chief Information Security Officer at Zoom. “We remain committed to being a platform that users can trust for all of their online interactions, information, and business.”

Third-party certifications and attestations demonstrate effectiveness
At Zoom, third-party certifications and standards are integral to its security program’s foundation. Zoom recently expanded its list of growing attestations with the following:

  • Publication of a Data Protection Impact Assessment (DPIA) on Zoom’s Meetings, Webinar, and Chat services from SURF. SURF, the collaborative organization for IT in Dutch education and research, and Zoom agreed to several actions in the course of collaborating on the DPIA. These include new features, improved transparency and documentation, enhanced practices, and a measurement plan. Learn more about the outcomes here.
  • Achievement of the Cyber Essentials Plus certification. This demonstrates Zoom’s commitment to the UK by achieving a security scheme, which makes it easier for local customers to assess the company’s IT systems. Learn more about this certification here.
  • Provisional Authorization (PA) for Zoom for Government from Defense Information Systems Agency (DISA) for the Department of Defense (DoD) at Impact Level 4 (IL4). With this PA, the entire Zoom for Government platform will be available for use for those organizations in need of IL4-authorized solutions. Learn more about this authorization here.
  • Common Criteria Certification. The Zoom Meeting Client is the first video communications client to attain certification for Common Criteria Evaluation Assurance Level 2 (v3.1 rev. 5), issued by the German Federal Office for Information Security (BSI). Learn more about the certification here.
  • ISO/IEC 27001:2013 certification and SOC 2 + HITRUST requirements. Zoom Meetings, Zoom Phone, Zoom Chat, Zoom Rooms, and Zoom Webinar are now certified as International Organization for Standardization (ISO) / International Electrotechnical Commission (IEC) 27001:2013 compliant. Zoom also expanded the scope of its SOC 2 Type II report to include additional criteria to meet Health Information Trust Alliance Common Security Framework (HITRUST CSF) control requirements. Learn more here.

Features designed for security and privacy
In addition, Zoom continues to enhance its security features for all users with the introduction of recent innovations such as automatic updates in the Zoom client. With automatic updates, Zoom is helping users to receive important security fixes and other features, improving their overall experience with the Zoom platform.

Innovations that will soon be available include a Bring Your Own Key (BYOK) offering, which will be released this year, and Zoom’s end-to-end encryption (E2EE) offering will be rolled out to Zoom Phone, for one-on-one, intra-account phone calls that occur via the Zoom client later this year.

Industry collaboration for a more secure future
To meet the growing needs of its global customer base, Zoom has established programs that bring in expertise and skills from around the world to inform security innovation and identify potential threats. These include a CISO Council to foster a strategic feedback loop for upcoming security and privacy innovation, and the development of a Data Security and Protection (DSP) Toolkit in support of the National Health Service (NHS). Additionally, Zoom offers bespoke solutions for specific audiences across industries and locations, such as:

  • Zoom X powered by TelekomZoom and Deutsche Telekom committed to developing a joint solution specifically for the German market called Zoom X powered by Telekom, which combines the experience customers love from Zoom with the trusted network and service delivered by Deutsche Telekom. Leveraging Zoom’s seamless video communications platform, customers are enabled to set up and manage meetings intuitively across all end devices.
  • Zoom for Government. Zoom for Government, which is designed for U.S. federal agencies, is also available to U.S. state and local government customers, as well as other approved businesses and organizations that support the U.S. government. Zoom for Government includes 256-bit AES-GCM encryption as well as optional end-to-end encryption (E2EE) for Zoom Meetings. The Zoom for Government platform (which includes Zoom Meetings, Zoom Webinar, Zoom Chat, and Zoom Phone) has achieved the following:
    • FedRAMP Moderate authorization in February 2019
    • An Authorization to Operate with Conditions (ATO-C) at Department of Defense Impact Level 4 (DoD IL4) for Zoom Meetings with the Department of the U.S. Air Force in June 2021
    • A Provisional Authorization from the Defense Information Systems Agency for DoD IL4 in March 2022
    • A Criminal Justice Information Services (CJIS) attestation in January 2022
    • A HIPAA attestation in March 2021

Tapping into the power of the security community
In addition to the daily testing that Zoom conducts on its solutions and infrastructure, Zoom invested in a skilled global team of security researchers via a private bug bounty program. Hosted on HackerOne’s platform, the world’s most trusted provider of ethical hacking solutions, the program led to the recruitment of over 800 security researchers whose collective work resulted in the submission of numerous bug reports, and awards of over $2.4 million in bug bounty payments since the program was introduced. In 2021 alone, Zoom awarded over $1.8 million across 401 reports.

Furthering education on Zoom security and privacy features
Zoom keeps privacy and security top of mind for all end users. Zoom launched its Trust Center, a one-stop shop for assets and information on Zoom compliance, privacy, safety, and security. It includes compliance and corporate governance resources, a detailed privacy overview, security resources and certifications, a detailed trust and safety overview, and more. Zoom also recently introduced its Learning Center, which provides a series of free courses to get the most out of Zoom. Users can complete a “Zoom Security Basics” training and earn the “Security Champion” badge. The Zoom Trust Center and Learning Center also contain information on Zoom’s security features and how to keep meetings secure. This includes pre-meeting and in-meeting settings such as passwords set at the individual meeting, user, group, or account level; meeting Waiting Rooms; the ability to lock a meeting, remove, mute or place participants on hold; and much more.

To learn more about Zoom privacy and security, explore Zoom’s Trust Center.

About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for individuals, small businesses, and large enterprises alike. Founded in 2011, Zoom is publicly traded (NASDAQ: ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Zoom Public Relations
Matt Nagel
Security & Privacy PR Lead
press@zoom.us

 

‫زيارة المؤسسة العامة للتدريب التقني والمهني لمصنع الشركة العربية لصناعة السيارات والشاحنات المحدودة

JEDDAH, Saudi Arabia, April 20, 2022 (GLOBE NEWSWIRE) —

زار وفد من المؤسسة العامة للتدريب التقني والمهني التابعة لكلية التقنية بجدة مصنع الشركة العربية لصناعة السيارات والشاحنات المحدودة (AVI) الواقع في مدينة الملك عبدالله الاقتصادية. تم الترتيب لهذه الزيارة بناء على طلب من المؤسسة العامة للتدريب التقني والمهني وبحضور عدد من منسوبيها. على عقب دورة أقيمت لطلاب ومدربي الكلية في قاعات وورش التدريب في مجموعة شركات الزاهد، حيث افتتحت الكلية تخصصاً جديداً لصيانة محركات الديزل وتم الاستعانة بمجموعة شركات الزاهد لخبرتهم في هذا المجال، وكان هذا امتداداً لتعاون سابق بين الجهتين .

وعلَّق رئيس قسم المحركات السابق المهندس حسن الشهري على زيارته قائلاً: “شكراً جزيلاً لكم على هذه الاستضافة وسماحكم لنا بالدخول والاطلاع على المصنع الذي يعتبر حقيقةً مفخرةً لنا كسعوديين، ونسعد بأن يكون في بلدنا مصنع بهذا الحجم، وأن يصل إلى تصدير الشاحنات لخارج المملكة بجودة عالية ومطابقة للمعايير العالمية، ونسأل الله لكم التوفيق، ونتطلع بإذن الله لحصولكم على التصنيف الماسي من مصانع شاحنات فولفو، وأن تحافظوا على مكانتكم المميزة في القطاع الصناعي.” كما أضاف رئيس قسم المحركات والمركبات الأستاذ محمد الشهري أنه قد سبق له زيارة العديد من المصانع، ولكن هذه هي زيارته الأولى لمصنع الشركة العربية لصناعة السيارات والشاحنات المحدودة (AVI) وقد فاقت الزيارة توقعاته، وعبَّر عن فخره بما شاهده في المصنع من تنظيم وجودة في العمل. كما أضاف الأستاذ بارق سراج نائب الرئيس للمجموعة: “التدريب في مجموعة شركات الزاهد كان ولا زال مقتصراً على موظفي مجموعة شركات الزاهد وعملائها، ونولي اهتماماً خاصاً بطلاب المؤسسة العامة للتدريب التقني والمهني؛ فخريجي المؤسسة هم موظفي المجموعة المستقبليين بإذن الله”. تعتبر هذه العلاقة بمثابة استثمار لجني الثمار، ونقل الأفكار والخبرات من إدارة المعهد للكلية كما ذكر الأستاذ عمرو زواوي مدير الموارد البشرية للمجموعة: “إن العلاقة بين مجموعة شركات الزاهد والمؤسسة العامة للتدريب التقني والمهني تعود لسنوات عديدة، حيث قمنا بتعيين وتطوير العديد من الخرجين، وهم يعدون اليوم من المساهمين الرئيسيين في تطوير أعمالنا وإداراتنا.” وأضاف أن هذه المبادرة والعديد من المبادرات الأخرى هي مثال على التعاون والجهود المبذولة لتحقيق أهدافنا المشتركة، وتنمية الشراكة إلى أعلى مستوى.

تطمح مجموعة الزاهد لإنجاح هذا التعاون المثمر عبر توفير خدمات تدريبية لمنسوبي الكلية في تخصصات مختلفة، وتبنِّي مشاريع تخرج طلابها، بالإضافة إلى توفير الفرص الوظيفية المناسبة للخريجين.

https://prdesk.globenewswire.com/api/ResourceLibraryFile/DownloadFile?source=pnr&Id=932dd5a1-4db1-4d55-84ac-0e5edb0ca775

Contact:
Mrouj Barefah
MBarefah@zahid.com

TVTC Visit at AVI

The Technical and Vocational Training Corporation (TVTC) Visits the Arabian Vehicles & Trucks Industries (AVI) Factory

Arabian Vehicles & Trucks Industries (AVI), a Zahid Group Company, proudly hosted a delegation from the Technical and Vocational Training Corporation (TVTC) at their facilities in King Abdullah Economic City (KAEC).

JEDDAH, Saudi Arabia, April 20, 2022 (GLOBE NEWSWIRE) — Arabian Vehicles & Trucks Industries (AVI) had the honor to host a delegation from the Technical and Vocational Training Corporation (TVTC) at their facilities in King Abdullah Economic City (KAEC). This visit came as an extension of the college seeking Zahid Group expertise in this field to enrich the newly introduced specialty course for diesel engines, where the Zahid Group learning and development team hosted a week-long Foundational Diesel Engine Training Program for the senior trainers of the TVTC.

Eng. Hassan Al-Shehri, former head of the Engines Department, commented, “Thank you very much for the hospitable visit of the factory, which is a fact of pride for any Saudis. We are pleased to have a factory of this size in our country that is able to export high quality trucks outside the Kingdom in accordance with international standards. We look forward for AVI to obtain the Diamond classification award from Volvo Trucks factories in the near future to maintain our distinguished position in the Industrial sector.”

The President of Vehicle Departments at the Jeddah Technical College, Mr. Mohammed Thabet Al Shehri, added that he praised the quality of work in the factory and his visit to the AVI facility exceeded his expectations. Mr. Barig Siraj, Vice President of Group Affairs at Zahid Group stated, “Training in Zahid Group was and still is limited to the employees of the Zahid Group of Companies and their clients, while we also pay special attention to students of the Technical and Vocational Training Corporation.” The relationship between both parties is considered an investment to achieving the benefits of transferring ideas and experiences from the administration of the institute to the College. As mentioned by Mr. Amr Zawawi, Zahid Group HR Manager, “The relationship between Zahid Group and the Technical and Vocational Training Corporation dates back many years, as we have appointed and developed many graduates who are considered major contributors to the development of our business and departments today. This initiative and many others are an example of cooperation and efforts made to achieve our common goals and to develop the partnership to the highest level.”

Zahid Group aspires to make this effective collaboration a success by providing training services to the faculty’s employees in various specializations, adopting its students’ graduation projects, and providing suitable job opportunities for graduates.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/932dd5a1-4db1-4d55-84ac-0e5edb0ca775

Contact:
Mrouj Barefah
MBarefah@zahid.com

‫ٹیکنو (TECNO ) کیمن 19 (CAMON 19) پرو آرٹ ایڈیشن نے 2022 MUSE ڈیزائن ایوارڈ جیت لیا

ہانگ کانگ ایس اے آر – میڈیا آؤٹ ریچ – 20 اپریل 2022 – ٹیکنو نے  15 اپریل 2022 کو،  کیمن 19 پرو (آرٹ ایڈیشن) کی اپنی غیر معمولی کاریگری پر ، دنیا بھر میں تسلیم شدہ 6,000 اعلیٰ اہلیت یافتہ انٹریز کو پیچھے چھوڑ تے ہوئے اپنا پہلا پروڈکٹ ڈیزائن سلور ایوارڈ حاصل کیا ۔

2015 میں نیویارک میں انٹرنیشنل ایوارڈز ایسوسی ایٹ (IAA) کا تخلیق کردہ ، MUSE ڈیزائن ایوارڈز ایک سرکردہ بین الاقوامی ایوارڈ مقابلہ ہے جس کا مقصد پیشہ ور افراد اور برانڈز کو عالمی سطح پر مقابلہ کرنے کے لیے ایک پلیٹ فارم فراہم کرکے مختلف ڈیزائن کی صنعتوں میں عمدگی کو فروغ دینا ہے۔ MUSE ڈیزائن ایوارڈز اپنے سخت فیصلہ سازی سسٹم اور اعلیٰ درجے کے معیاری اصولوں کے لیے معروف ہے۔ معزز 37 رکنی جیوری ڈیزائن انڈسٹری کے پیشہ ور افراد پر مشتمل ہے جنہیں 18 ممالک میں سخت اسکریننگ کے عمل کے ذریعے منتخب کیا گیا ہے۔ فیصلہ سازی کے ایک اندھےطریقہ کار کے ساتھ یکجا ہوکر، ججوں کے تجربے اور مہارت نے ہر اندراج کو  صنعت کی ترتیب کے تعین کے معیار کے بالمقابل مناسب طور پر غور کیے جانے کا موقع فراہم کیا۔MUSE image

میوز ڈیزائن ایوارڈز کی جیوری نے تکنیکی جدت کے ذریعے فن کی خوبصورتی کے حصول کے لیے  ٹیکنو کیمن 19 پرو (آرٹ ایڈیشن) کو سراہتے ہوئے کہا، “مونڈریان (The Mondrian)  ایڈیشن آرٹ کا  ایک  شاہکارہے۔ انڈسٹری کی پہلی ‘سن لائٹ ڈرائنگ’ ٹیکنالوجی کو سٹائلسٹک آرٹ فارم کے ساتھ کامل طور پر  جوڑ دیا گیا ہے، جس سے فون شیل کا رنگ روشنی کے ساتھ بدل سکتا ہے،  اور جو ٹیکنالوجی کی جدت کی بدولت حاصل کیے گئے اسٹائلسٹک ماسٹر مونڈرین کو خراج تحسین پیش کرتا ہے۔ پہلی بار،انڈسٹری آئیڈیل  “ایسا سیل فون جو  نہ صرف ایک ٹیکنالوجی پروڈکٹ ، بلکہ آرٹ کا ایک نمونہ بھی ہے” ، جوپورا ہو گیا ہے، جس سے ٹیکنالوجی کو اختراعی کامیابیوں کے ساتھ فنکارانہ احساس حاصل ہوتاہے۔TE2

صارف کے ہاتھ کی گرفت کو زیادہ سے زیادہ کے آرام دہ بنانے کے لیے  اسے اس کے ایرگونومک ڈیزائن کے ساتھ جوڑا گیا ہے، ٹیکنو کیمن 19 پُرو(آرٹ ایڈیشن) کی انتہائی محدود اسکرین اور بے مثال3D چوگنی خمیدہ مائیکرو آرک سطح کا بیٹری کور اور کریٹر ڈیزائن بارڈر لیس تجربہ صارف کے حتمی لطف میں مزید اضافہ کرتاہے۔ یہ سیریز رواں سال جولائی میں ریلیز ہونے کی امید ہے۔

#ٹیکنو

میڈیا ئی رابطہ:  pr.tecno@tecno-mobile.com

ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Cerence Inc. Investors with Losses to Secure Counsel Before Important April 26 Deadline in Securities Class Action – CRNC

NEW YORK, April 19, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cerence Inc. (NASDAQ: CRNC) between February 8, 2021 and February 4, 2022, inclusive (the “Class Period”), of the important April 26, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Cerence securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Cerence class action, go to https://rosenlegal.com/submit-form/?case_id=3722 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 26, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the global semiconductor shortage had a materially negative impact on demand for Cerence’s software licenses; (2) defendants masked the impact of the semiconductor shortage on demand for Cerence’s software licenses by pulling forward sales; and (3) as a result of the foregoing, defendants’ statements about Cerence’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Cerence class action, go to https://rosenlegal.com/submit-form/?case_id=3722 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Celsius Holdings, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – CELH

NEW YORK, April 19, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Celsius Holdings, Inc. (NASDAQ: CELH) between August 12, 2021 and March 1, 2022, inclusive (the “Class Period”), of the important May 16, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Celsius securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=4162 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 16, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Celsius had improperly recorded expenses for non-cash share-based compensation for second and third quarters of 2021; (2) as a result, Celsius’s financial statements for those periods would be restated, including to report a net loss for the third quarter of 2021; (3) there was a material weakness in Celsius’s internal controls over financial reporting; and (4) as a result of the foregoing, defendants’ positive statements about Celsius’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=4162 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

66% of People in Asia Pacific and Japan Believe Bots Will Succeed Where Humans Have Failed with Corporate Sustainability

  • Global study finds 94% of respondents in JAPAC believe society has not made enough progress on sustainability and social efforts
  • 75% of people in JAPAC are frustrated and fed up with the lack of progress made by businesses
  • 97% of business leaders in JAPAC believe human bias and emotions hurt corporate sustainability efforts

SINGAPORE, April 20, 2022 /PRNewswire/ — People around the world are demanding more progress on sustainability and social efforts and are looking to businesses to step up, according to a new study by Oracle and Pamela Rucker, CIO Advisor and Instructor for Harvard Professional Development. The “No Planet B” study of more than 11,000 consumers and business leaders across 15 countries found that people are fed up with the lack of progress society is making towards sustainability and social initiatives, want businesses to turn talk into action, and believe technology can help businesses succeed where people have failed.

Oracle Study: No Planet B

People from Asia-Pacific and Japan (JAPAC) want businesses to step up sustainability and social efforts
The events of the past two years have put a spotlight on sustainability and social efforts, with people worldwide disappointed with the lack of progress and calling for businesses to step up. Below are some key findings from the JAPAC region.

  • 95 percent of people believe sustainability and social factors are more important than ever and 81 percent said the events over the past two years have caused them to change their actions.
  • 94 percent respondents believe society has not made enough progress. 40 percent attribute the lack of progress to people being too busy with other priorities, 43 percent believe it is the result of more emphasis on short-term profits over long-term benefits, and 37 percent believe people are too lazy or selfish to help save the planet.
  • 50 percent believe businesses can make more meaningful change on sustainability and social factors than individuals or governments alone.
  • 75 percent are frustrated and fed up with the lack of progress by businesses to-date, and 91 percent believe it’s not enough for businesses to say they’re prioritizing Environmental, Social, and Governance (ESG) – they need to see action and proof.
  • 89 percent believe businesses would make more progress towards sustainability and social goals with the help of AI, and 66 percent even believe bots will succeed where humans have failed.
    Oracle Logo

“The events of the past two years have put sustainability and social initiatives under the microscope and people are demanding material change. While there are challenges to tackling these issues, businesses have an immense opportunity to change the world for the better,” said Pamela Rucker, CIO Advisor and Instructor for Harvard Professional Development. “The results show that people are more likely to do business with and work for organizations that act responsibly toward our society and the environment. This is an opportune moment. While thinking has evolved, technology has as well, and it can play a key role in overcoming many of the obstacles that have held progress back.”

“It’s never been more critical for businesses to invest in sustainability and ESG initiatives, as people don’t just want to hear about it – they’re looking for decisive action and are demanding more transparency and tangible results,” said Juergen Lindner, senior vice president and CMO, Global Marketing SaaS, Oracle. “Business leaders understand the importance, yet often have the erroneous assumption that they need to prioritize either profits or sustainability. The truth is this is not a zero-sum game. The technology that can eliminate all the obstacles to ESG efforts is now available, and organizations that get this right can not only support their communities and the environment, but also realize significant revenue gains, cost savings, and other benefits that impact the bottom line.”

“Given Asia Pacific’s large share of the global population and emissions, climate vulnerabilities, and technological and financial strengths, the global fight against climate change will be won or lost in Asia Pacific. It’s imperative that we take action on climate change and businesses have a narrowing window to lead the way,” said Will Symons, Asia Pacific Sustainability and Climate Lead, Deloitte. “It is great to see organizations like Oracle helping businesses to step up and prioritize sustainability. The study results show people want businesses to prioritize progress on sustainability and are willing to reward those who lead. To do this organizations must re-think how they use technology to shift from ambition to action on sustainability commitments while ensuring transparency and accountability to all stakeholders.”

Read the full report www.oracle.com/noplanetb.

Read the Full Press Release:
https://www.oracle.com/apac/news/announcement/people-believe-bots-will-succeed-where-humans-have-failed-2022-04-20/.

Methodology
Research findings are based on a survey conducted by Savanta, Inc. between February 25 – March 14, 2022 with 11,005 global respondents from 15 countries (United States, United Kingdom, Germany, the Netherlands, France, China, India, Australia, Japan, Singapore, South Africa, United Arab Emirates, Saudi Arabia, Brazil, and Mexico). 4,000 respondents were included from JAPAC region. The survey explored attitudes and behaviors of consumers and business leaders towards sustainability and social efforts along with the role and expectations of artificial intelligence (AI) and robots in environmental, societal, and governance (ESG) efforts.

Photo – https://mma.prnewswire.com/media/1797081/No_Planet_B_Oracle_Study.jpg
Logo – https://mma.prnewswire.com/media/467598/Oracle_Logo.jpg