Day: January 30, 2024

Creates Industry’s first AI-led Development to Protect Any SaaS Application in Hours When No Protection Was Available Prior

Boston, Massachusetts, Jan. 30, 2024 (GLOBE NEWSWIRE) — HYCU, Inc., a leader in data protection as a service and one of the fastest growing companies in the industry, today announced the HYCU Generative AI Initiative. This project aims to seamlessly integrate generative AI technology, including Anthropics’ AI assistant Claude with HYCU’s R-Cloud data protection platform, redefining the development process of data protection integrations and creating an easy to use way to create SaaS integrations.

“This development with Anthropic’s frontier generative AI model Claude is more than an integration; it’s a leap forward in the future of data protection,” said Simon Taylor, Founder and CEO, HYCU, Inc. “By harnessing AI, we’re not only accelerating our development processes but also reinforcing our commitment to security and operational efficiency. We’re excited to take R-Cloud to the next level and pioneer this space and set new standards for the industry.”

HYCU Generative AI Sets New Benchmark for SaaS Data Protection

The HYCU Generative AI Initiative includes:

• AI-Driven Development Process: Leveraging Anthropic’s Claude model with HYCU’s security-centric design evolves the platform into an intelligent, responsive, and adaptable development environment.
• Deep Understanding of Data Protection Complexities: The integration allows Claude to fully understand the nuances of compliance, encryption, and recovery protocols, custom-tailored for HYCU’s platform.
• Dramatic Reduction in Development Time: The integration significantly cuts down the development time for data protection integrations from weeks to hours.
• Maintaining High Standards: All AI-driven integrations will adhere to HYCU’s stringent standards of security and efficiency.

Strategic Impact of Generative AI Data Protection for HYCU R-Cloud

Today’s news marks three significant innovations to the HYCU R-Cloud award-winning platform.

• Pioneering Infrastructure Software Protection and Recovery: This initiative places HYCU at the forefront of integrating AI in data protection, marking a landmark moment in infrastructure software innovation. It also builds on the introduction of R-Scout, an AI Powered assistant HYCU introduced earlier to make it easy for customers and partners to learn about the breadth of HYCU offerings, educate them on how to leverage each solution from on-prem to public cloud to SaaS, and provide best practice guidance.
• Synergyzing Company Missions: The collaboration aligns the missions of HYCU and Anthropic, emphasizing the creation of a safer world through advanced data protection and AI.
• Setting New Benchmarks for SaaS and Cloud Services with AI: HYCU sets a new industry standard for AI-driven data protection platforms, as this level of collaboration and execution is new. It also delivers a new way for the thousands of HYCU customers to easily protect SaaS applications and cloud services when protection was previously not available. In addition to protecting core cloud services, HYCU is also focused on protecting the data and configuration in specialized AI services that are becoming critical for customers. The initial AI infrastructure HYCU protects out of the box are PineCone and Redis – both used as core Vector Databases critical for AI

HYCU R-Cloud includes the world’s first low-code development platform for data protection that enables SaaS companies and service providers to deliver application-native backup and recovery efficiently and rapidly. HYCU R-Cloud has been recognized for setting the bar for SaaS data backup and protection for its ease of use of integration for both end users and SaaS providers.

“Leveraging cutting-edge AI technology is a testament to HYCU’s commitment to technological innovation and leadership in the data protection industry,” said Philippe Nicolas, Principal, Coldago Research. “It is another strong example of how HYCU continues to deliver unparalleled value to customers and reinforces HYCU’s position as a market leader.”

For more information on HYCU R-Cloud, visit: https://www.hycu.com/r-cloud, follow us on X (formerly Twitter), connect with us on LinkedIn, Facebook, Instagram, and YouTube.

About HYCU
HYCU is the fastest-growing leader in the multi-cloud and SaaS data protection as a service industry. By bringing true SaaS-based data backup and recovery to on-premises, cloud-native and SaaS environments, the company provides unparalleled data protection, migration, disaster recovery, and ransomware protection to thousands of companies worldwide. As an award-winning and recognized visionary in the industry, HYCU solutions eliminate complexity, risk, and the high cost of legacy-based solutions, providing data protection simplicity to make the world safer. With an industry leading NPS score of 91, customers experience frictionless, cost-effective data protection, anywhere, everywhere. HYCU has raised $140M in VC funding to date and is based in Boston, Mass. Learn more at www.hycu.com.

Attachment

• HYCU R-Cloud Leverages Anthropic to Revolutionize Data Protection through Generative AI Technology

Don Jennings
HYCU, Inc.
617-791-1710
don.jennings@hycu.com

GlobeNewswire Distribution ID 9028218

Another world’s first by Jetex: your private jet journey now starts at your doorstep.

Dubai, United Arab Emirates, Jan. 30, 2024 (GLOBE NEWSWIRE) — Jetex, a global leader in luxury travel, is committed to expanding its brand experience further beyond private terminals. Passengers traveling via Jetex Dubai and Jetex Abu Dhabi can enjoy this complimentary service, which offers a convenient, door-to-door experience, mirroring the award-winning Jetex hospitality.

The current fleet includes Mercedes-Benz Maybach limousines with custom comforts, including state-of-the-art sound and entertainment system, high-speed Wi-Fi, charging cables and a door that will always be held open for Jetex guests. Bespoke refreshments and amenities are further personalized for each ride.

All chauffeurs are trained to the highest service standards, safety, etiquette and discretion.

Adel Mardini, Founder & CEO of Jetex, commented: “Many hotels and airlines offer complimentary car service – but nothing like this. We are in the business of protecting our guests’ time, so we have gone further to re-imagine luxury chauffeur service and to ensure that Jetex guests have a better reason to choose our fleet over anything else available on the market”.

The new service complements the already world-famous Jetex chauffeured airside fleet of bespoke Rolls-Royces, the largest in the world.

https://www.jetex.com/jetex-chauffeur/

About Jetex:

An award-winning global leader in executive aviation, Jetex is recognized for delivering flexible, best-in-class trip support solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), private jet charter, aircraft fueling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel. To find out more about Jetex, visit jetex.com and follow us on Instagram, Twitter – X, Facebook and LinkedIn.

Press Enquiries:
Oleg Kafarov
Vice President of Brand & Corporate Communications
T: +971 4 212 4900
E: teamorange@jetex.com

Attachments

• Jetex Chauffeur with Every Flight in Dubai and Abu Dhabi
• Jetex Chauffeur with Every Flight in Dubai and Abu Dhabi

Oleg Kafarov
Jetex
+971 4 212 4900
teamorange@jetex.com

GlobeNewswire Distribution ID 9028288

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of LivePerson, Inc. (NASDAQ: LPSN) between May 10, 2022 and March 16, 2023, both dates inclusive (the “Class Period”), of the important January 30, 2024 lead plaintiff deadline.

SO WHAT: If you purchased LivePerson 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 LivePerson class action, go to https://rosenlegal.com/submit-form/?case_id=20829 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 January 30, 2024. 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 litigate 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, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) LivePerson’s disclosure controls and procedures contained a material weakness; (2) accordingly, LivePerson maintained deficient internal controls over its financial reporting; (3) as a result, LivePerson’s Q3 2022 financial statements failed to disclose the suspension of WildHealth’s Medicare reimbursements in connection with the COVID-19 testing program and the resulting negative impact on LivePerson’s future revenues; (4) accordingly, LivePerson had overstated LivePerson’s future financial position and/or prospects; and (5) as a result, LivePerson’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the LivePerson class action, go to https://rosenlegal.com/submit-form/?case_id=20829 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

GlobeNewswire Distribution ID 9027604

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of EHang Holdings Limited (NASDAQ: EH) between January 20, 2022 and November 6, 2023, both dates inclusive (the “Class Period”), of the important February 2, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased EHang 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 EHang class action, go to https://rosenlegal.com/submit-form/?case_id=20249 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 February 2, 2024. 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 litigate 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 materially false and/or misleading statements and/or failed to disclose that: (1) EHang has continued to state that it was partnering with United Therapeutics, DHL and Vodafone, among others, even though a former EHang employee has noted that United Therapeutics, DHL, and Vodafone have abandoned their respective deals with EHang; (2) EHang omitted that other entities that had placed pre-orders for its aircraft, such as Prestige Aviation and Shenzhen Boling Holding Group, did not engage in regular business in the aviation sector and are otherwise almost certainly not in a financial position to be able to afford their orders; and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the EHang class action, go to https://rosenlegal.com/submit-form/?case_id=20249 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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, 40^th 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

GlobeNewswire Distribution ID 9027821

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Driven Brands Holdings Inc. (NASDAQ: DRVN) between October 27, 2021 and August 1, 2023, both dates inclusive (the “Class Period”), of the important February 20, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Driven Brands common stock 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 Driven Brands class action, go to https://rosenlegal.com/submit-form/?case_id=18662 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 February 20, 2024. 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 litigate 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 made numerous materially false and misleading statements and omissions that fall into two categories: (i) statements concerning Driven’s ability to efficiently and effectively integrate a high volume of acquired businesses, including statements related to the status of integrating its U.S. auto glass businesses; and (ii) statements concerning the performance and competitive position of Driven’s car wash business segment. Specifically, throughout the Class Period, defendants repeatedly touted Driven’s ability to execute and integrate acquisitions as a “core strength,” and assured investors that it had made “significant progress” integrating the auto glass businesses it had acquired. Driven also represented that the large scale of its car wash business served as a “competitive moat” that would preserve Driven’s competitive position. While Driven acknowledged some “softness” in customer demand for its car wash business segment, Driven downplayed that issue and pointed investors to the growth of its car wash subscriptions, which Driven labeled as the “Holy Grail” in the car wash business. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Driven Brands class action, go to https://rosenlegal.com/submit-form/?case_id=18662 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

GlobeNewswire Distribution ID 9027806