Category Archives: Business

NexGen Networks Drives Strategic Action to Enhance Value and Customer Success

New York, NY, July 13, 2024 –NexGen Networks ‘NexGen’, a global digital infrastructure company and premier provider of fiber optic-based network solutions to the world’s top global enterprises, announces a series of strategic initiatives aimed at enhancing value and ensuring customer success. These initiatives reflect NexGen’s commitment to innovation, quality service, and long-term customer relationships.

In response to the increasing demand for robust digital infrastructure, NexGen Networks is implementing several key actions designed to deliver enhanced performance and reliability:

Expansion of Global Network Footprint. NexGen Networks is expanding its global network footprint to provide even greater reach and connectivity for its customers.
This includes the deployment of new points of presence (POPs) in key markets and upgrading existing infrastructure to support higher bandwidth and lower latency.

Investment in Advanced Technologies. To stay ahead of industry trends and provide cutting-edge solutions, NexGen Networks is investing in advanced technologies that will enable more agile and scalable network services, tailored to the specific needs of customers.

Enhanced Cybersecurity Measures. Understanding the critical importance of cybersecurity, NexGen Networks is bolstering its security protocols and infrastructure. The company is adopting state-of-the-art security technologies and practices to protect customer data and ensure the integrity of its network.

Commitment to Customer Support. NexGen Networks is enhancing its customer support services to provide more responsive and personalized assistance. This includes expanding its customer service team and leveraging advanced analytics to anticipate and address customer needs more effectively.

Sustainability Initiatives. In line with its commitment to corporate responsibility, NexGen Networks is implementing sustainability initiatives aimed at reducing its environmental impact. This includes optimizing energy use in data centers and exploring renewable energy sources.

“We are dedicated to driving strategic actions that not only enhance the value we provide to our customers but also ensure their ongoing success in a competitive market,” said Jeffrey Barth, President of NexGen Networks. “Our investments in technology, security, and customer service are a testament to our commitment to excellence and innovation.”

Quicker Time-to-Market at Lower Costs – Composite Manufacturing by RAMPF

Burlington, Canada, July 13, 2024 — RAMPF Composite Solutions is presenting one-stop engineered solutions for technologically advanced composite manufacturing for the aerospace and defense industries at Farnborough International Airshow in England from July 22 to 26 – Booth 4520.

Key Facts

1. RAMPF Composite Solutions increases speed-to-market and cost-efficiency of complex composite manufacturing.

2. One-shot solution enables the manufacture of prototypes within a few weeks of design stage and with 25-30 percent cost savings.

3. State-of-the-art, 74,000 square feet facility optimizes every stage of the composite manufacturing process.

RAMPF Composite Solutions designs and manufactures some of the world’s most complex lightweight composite products. The full potential of composite technology is utilized for both low-volume production / early product development and series production by combining:

> Low-cost tooling and fixtures with outstanding mechanical properties

> High-performance structural resins for effective and fast infusion

> Structural optimization via Tailored Fiber Placement (TFP) technology for maximum speed and accuracy

> Low-cost component production using Vacuum Assisted Resin Transfer Molding (VARTM)

The company’s groundbreaking, quick-turn solutions include material qualification, built-in quality assurance, and automated processes for the manufacture of components and subsystems. RAMPF Composite Solutions can provide prototypes within weeks of the design stage and with 25-30 percent cost savings over more traditional prepreg solutions.

The benefits are maximized for components that exhibit high structural, geometrical complexity (undercuts, compound curvatures, pockets, etc.) and functional complexity (EMI shielding, static discharge, impact, flammability compliance).

RAMPF Composite Solutions’ state-of-the-art, 74,000 square feet facility in Burlington, Ontario, Canada, is designed to optimize every stage of the composite manufacturing process. Facility features include:

> Temperature-controlled lamination room

> AI-optimized automated digital ply cutting system

> Automated metering, mixing, and dispensing equipment for a variety of resin systems

> Three large curing ovens

> Eight-head TFP machine

> Dual 5-axis CNC machines

> Dual paint booths and mixing kitchen

> Metallic plating capabilities

> Centralized vacuum pump system

> Robotic sanding equipment

> Ultrasonic non-destructive testing equipment

> Industrial 3D printer capable of thermoplastic printing

Larry Fitzgerald, CEO of RAMPF Composite Solutions – “Composites are the cornerstone of modern aerospace and defense innovation, providing unmatched strength-to-weight ratios, superior fatigue resistance, and transformative design flexibility. We have the engineering and production expertise as well as the necessary infrastructure to tackle the most demanding composite challenges. We look forward to showcasing our innovative solutions to global aviation leaders at Farnborough International Airshow.”

Jochamp Machinery Offers Complete Packaging Technology Solutions for 50g and 250g Boxes of Shisha Tobacco

Zhe Jiang, China, July 13, 2024 –“By incorporating the 50g shisha tobacco packaging capability, Jochamp aims to align itself with the dynamic market needs, while ensuring our clients remain competitive,” said Senary Lin, Jochamp Sales Manager. “With our new packaging technology, we want shisha manufacturers to achieve flexible packaging solutions that are scalable, robust, and sustainable.”

For accuracy in both JCS-100 and JCZ-250 shisha tobacco packaging lines, Jochamp has adopted a new dosing system for high weight accuracy within the ±1.5% range. The shisha tobacco packaging line is fully automatic with production capacity varying from 60 packs/minute to 100 packs/minute.

Jochamp JCS-100 and JCZ-250 are multi-functional shisha packaging machines. They can dose shisha into packages, handle carton/box packaging, and overwrapping, among other functions. All these processes are seamlessly integrated for efficient, accurate, and contamination-free shisha packaging process.

Silicon Valley Haunt Investors and Bailey Entertainment Group Forge Strategic Partnership

Cupertino, CA, July 13, 2024 — Silicon Valley Haunt Investors, a leading venture capital and consulting firm in the haunted attraction industry, is thrilled to announce a strategic partnership with Bailey Entertainment Group, renowned for its cutting-edge design and production of immersive horror experiences. This collaboration marks a significant milestone in the evolution of both companies, promising to elevate the standards of haunted attractions nationwide.

Nathan Polanco, CEO of Silicon Valley Haunt Investors, expressed his enthusiasm for the partnership. “Bailey Entertainment Group brings unparalleled creativity and expertise to the table. Together, we aim to set new benchmarks in the haunted attraction industry, delivering unique and unforgettable experiences to thrill-seekers across the country.”

Bailey Entertainment Group, led by visionary Cody Bailey, has a storied history of producing some of the most innovative and spine-chilling haunted attractions. This partnership will leverage Silicon Valley Haunt Investors’ financial acumen and industry connections with Bailey Entertainment Group’s creative prowess, ensuring the creation of top-tier haunted experiences that captivate and terrify.

Cody Bailey, the creative force behind Bailey Entertainment Group, shared his excitement about the collaboration. “Partnering with Silicon Valley Haunt Investors allows us to bring our wildest visions to life on an even larger scale. We are committed to pushing the boundaries of fear and entertainment, and this partnership provides the perfect platform to do so.”

In addition to this partnership, Polanco stated that Silicon Valley Haunt Investors will also be announcing a significant acquisition as well as new partnerships, details of which will be unveiled in the coming weeks. This acquisition represents a major expansion in the company’s portfolio and underscores its commitment to growth and innovation in the haunted attraction industry, according to Polanco.

Supera Anesthesia Innovations Announces New President

Estacada, OR, July 13, 2024 — Supera Anesthesia Innovations, a leader in the Veterinary Medical Equipment sector, today announced the promotion of Executive Vice President Patrick Berg to the position of President. He will also serve as President of Scivena Scientific, Supera’s life sciences business.

Brian Lawson, Founder of Supera, will continue as CEO following Patrick’s transition.
During his 12 years of dedicated service, Patrick Berg has been instrumental in steering Supera through significant growth and innovation. Under his leadership, the company has achieved numerous milestones, including the move into new state of the art manufacturing facilities in May of 2021, and the increase in efficiency, and quality of Supera products. His commitment to excellence and his visionary leadership have left an indelible mark on the organization.

Patrick’s career started as sales manager and quickly grew into business operations, bringing a wealth of experience and a proven track record of success in virtually all operational and customer service areas for Supera.

“I am thrilled to elevate Patrick to lead Supera,” said Lawson. “He has been a key component to the substantial growth and success we have experienced over the past several years.”

AssetWorks USA Inc. Launches Groundbreaking Self-Serve Option for Scan & Validate

Austin, TX, July 13, 2024 –-AssetWorks USA Inc. unveils the self-serve option for its innovative Scan & Validate solution, designed to streamline inventory management, reduce errors, and save valuable time. This new feature empowers employees to independently manage inventory tasks, enhancing productivity and flexibility by allowing 24/7 access from any location.

Scan & Validate self-service enables employees to perform inventory tasks independently, accelerating processes and providing greater convenience. The availability of a self-service option significantly enhances productivity by allowing for faster rollout and completion times, resulting in more efficient workflows and operations.

Ellena Howze, CEO of AssetWorks USA Inc., stated, “Our new self-serve option empowers businesses and organizations to take control of their inventory management with unprecedented flexibility and efficiency. By leveraging this advanced solution, our customers can achieve significant time savings and improve overall accuracy, ultimately driving better business outcomes.” The self-serve option meets the growing demand for efficient self-service solutions, offering a seamless, user-friendly experience that enhances customer satisfaction and loyalty.

Scan and Validate self-serve is built on the foundation of its intuitive and thoughtfully designed mobile app that automates asset audits and inventory including field-based scanning and editing, automated reconciliation, and real-time data updates. These features ensure that inventory records are always current and accurate, reducing errors and accelerating the reconciliation process. By providing continuous data backup and syncing every 30 seconds when connected to a cellular network or Wi-Fi, the system maintains up-to-date inventory records.

By optimizing inventory management tasks, businesses can manage their operations more efficiently and cost-effectively, focusing resources on strategic initiatives rather than routine tasks.

BurdaLuxury Appoints Akshita M. Bhanj Deo as Editor-in-Chief of Travel + Leisure India and South Asia

July 12, 2024,Bangkok, Thailand & Mumbai, Maharashtra, India : In an expansion to its editorial leadership team, Travel + Leisure India and South Asia announce the appointment of Samreen Tungekar as Managing Editor
Neelangana Vasudeva joins as Fashion Editor for both Travel + Leisure India and South Asia and Lifestyle Asia India
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BurdaLuxury, Asia’s leading media company, today announced the appointment of Akshita M. Bhanj Deo, a member of the erstwhile royal family of Mayurbhanj, Odisha, as Editor-in-Chief of Travel + Leisure India and South Asia, effective 15th July 2024. In this role, she will lead the editorial team for the brand, along with defining the editorial strategy and developing new campaigns.

Akshita M. Bhanj Deo, a former TEDx speaker, and previous manager at Dasra, has led numerous events to influence philanthropic perspectives and foster community building among HNI and UHNI families. Deo brings a global perspective to the brand, having lived and worked in Singapore, New York, and India.

“I look forward to bringing my experience in marketing and luxury brand experience to further enhance Travel + Leisure India & South Asia’s editorial presence and continue to inspire readers with the best of travel and hospitality,” said Deo. “In my new role, I want to shine a light on unique travel experiences through storytelling that resonates with our diverse, vibrant community of readers.”

Travel + Leisure India & South Asia has seen substantial growth in recent years, with the addition of new intellectual properties such as the publication’s Delicious Dining Awards contributing to the brand’s success. To facilitate this growth, in addition to Akshita M. Bhanj Deo’s appointment, the brand will also welcome Samreen Tungekar as Managing Editor and Neelangana Vasudeva as Fashion Editor for both Travel + Leisure India & South Asia as well as Lifestyle Asia India, another key brand in BurdaLuxury’s portfolio.

“These leadership appointments are crucial to our growth and strategic vision,” said Björn Rettig, CEO of BurdaLuxury. “Akshita’s experience within the tourism sector, as well as her outstanding editorial vision, both align perfectly with our mission in travel journalism to inspire and guide travelers worldwide and provide access to unique experiences. Additionally, with Samreen joining as Managing Editor and Neelangana as Fashion Editor, we look forward to enhancing the brand’s appeal whilst maintaining our editorial excellence.”

Samreen Tungekar who previously held the title of Managing Editor at Grazia India, joins as the new Managing Editor for the brand. Tungekar brings her editorial expertise which ensures the highest quality content for readers.

Joining as Fashion Editor for both Travel and Leisure India and South Asia and Lifestyle Asia India, Neelangana Vasudeva, formerly the Deputy Manager of Fashion Content and Styling at Ajio.com has had the experience of collaborating with some of the biggest brands in the industry, including Gucci, Lexus, Asics, and Hyundai, to name a few.

The appointment follows the recent announcement of Annesha Sanyal as Country Director, Brand Solutions & Marketing for BurdaLuxury India, underscoring the company’s commitment to strengthening its leadership team to drive regional growth.

1GLOBAL and Verint Partner to Deliver Enhanced Cloud-Based Mobile Compliance Recording Solutions for Financial Trading Organisations Worldwide

July 12, 2024, United Kingdom : 1GLOBAL, a top-tier mobile virtual network operator (MVNO) today announced a strategic partnership with Verint to transform compliance across the financial services and trading sectors to upgrade mobile compliance recording solutions for financial institutions throughout the world.

Through this new alliance, 1GLOBAL will now provide all of its global clients with trusted cloud-based recording solutions supported by Verint Financial Compliance. Professionals with compliance obligations can increase their productivity and further their capabilities with voice transcription featuring keyword searching, alerting and meeting summaries.

1GLOBAL clients will also be able to reliably conform with compliance and trade surveillance policies under MiFID II, Dodd-Frank, and MAR / MAD II (among others) to help avoid non-compliance fines and penalties. This new toolset will accelerate compliance audits and easily provide regulatory agencies with complete records of trade-related interactions in a timely manner. Building in these efficiencies reduces costs for financial organizations by leveraging simplified administration, streamlined conversation retrieval, automated rules, and a wide set of external storage integrations on one single contract.

“Partnering with Verint enables us to offer our customers access to the most innovative cloud-based recording solutions on the market,” said Siobhan Thompson, Head of 1GLOBAL Compliance. “Compliance in the cloud is key to 1GLOBAL’s strategy. Our partnership with Verint and their VFC platform for our cloud hosting is a testament to that. Verint’s cutting edge technology coupled with 1GLOBAL’s leading mobile recording capabilities provides customers with assured compliance capabilities as well as increased productivity and analytics.”

“Combining the 1GLOBAL mobile voice and SMS capture capability with the core Verint solution is a critical part of the joint strategy to align all communications into a user-centric view,” says Verint’s John Bourne, Senior VP Global Channels & Alliances. “The integration will provide customers with more control, increased data completeness and the ability to proactively expose compliance anomalies.”

Leif Assurance Promotes Robert Worden

Worden named Sales Manager for both Leif Assurance and sister company Powers Insurance & Risk Management.

(St. Louis, Mo., July 12, 2024) – Leif Assurance, a full-service insurance agency that exclusively handles construction insurance, recently promoted Robert Worden to Sales Manager. He previously worked as the company’s Construction Risk Advisor. Worden will also serve as the Commercial Lines’ Sales Manager for Leif’s sister company Powers Insurance & Risk Management.

As Sales Manager for both companies, Worden will provide daily coaching and support to sales team members, as well as handle increased in-person interaction with the companies’ sales team located throughout the Midwest.

Worden has 30 years of insurance industry experience specializing in providing innovative and comprehensive insurance solutions to contractors. Prior to joining Leif Assurance, he worked as Senior Vice President of Insurance Sales at a bank-owned agency in Minn. He earned his Master of Business Administration from the University of St. Thomas in Minn., and his Bachelor of Science degree in Secondary Education from the University of Nevada in Las Vegas.

“Robert is an excellent motivator who brings energy and experience to our companies,” said Leif Assurance CEO JD Powers. “His sales leadership will help drive growth for both Leif Assurance and Powers Insurance & Risk Management, enabling the success of both companies for many years to come.”

Founded in 2022, Leif Assurance offers actionable risk management, as well as data-driven pricing models to build the most accurate risk profiles so contractors are rewarded for safe job sites with earned insurance savings. Leif provides cost-effective and comprehensive insurance solutions for worker’s compensation, general liability, builders’ risk, inland marine, and commercial auto.

Leif Assurance is the sister company of Powers Insurance & Risk Management and Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois. Powers Insurance & Risk Management is one of the largest family owned and operated independent insurance agencies in the bi-state region. All three companies are located at 6825 Clayton Ave. For more information about Leif Assurance, call (314) 202-4200 or visit www.leifassurance.com.

Paradyme Celebrates the Closing of Phase One of the Paradyme Barn Caves Project

Lake Havasu City, AZ, July 12, 2024 — Paradyme is proud to announce the closing of Phase One of the Paradyme Barn Caves project, a significant event in the lifecycle of this landmark development in Lake Havasu City, Arizona. This pivotal moment marks the successful conclusion of the land acquisition and initial funding for permitting and horizontal work for the development, redefining luxury living across 18 acres in north Lake Havasu City. The Barn Caves project will feature over 400,000 square feet of three-story single-family homes with two stories of residential space and oversized boat and RV garages on the ground level. The development will also have a world-class, members-only gym encompassing over 30,000 square feet with state-of-the-art equipment, a pool, pickleball courts and other amenities.

A Monumental Achievement in Real Estate
Paradyme has solidified its reputation in the market with a resounding success in it’s adjacent project by selling 9 storage units in a single day, leading to a record-breaking $1 million in sales for Paradyme Luxury Storage Havasu. This remarkable achievement highlights the unparalleled demand for the Paradyme brand and various product offerings in Lake Havasu.

Barn Caves Project Highlights
– Projected: 123 units, meticulously planned across 5 development phases.
– Location: Strategically positioned adjacent to the Paradyme Luxury Boat and RV Storage Project in booming Lake Havasu, AZ.
– Benefits: Offering enhanced property value, reduced maintenance, and elevated security measures.
– Market Trend: Meeting the growing demand for luxury housing with oversized boat and RV garages in response to modern lifestyle trends.

An Exceptional Investment Opportunity
Paradyme Barn Caves presents a unique chance for investors to partake in the evolution of residential, community-based living in Lake Havasu. Paradyme has structured the 46-month investment with an 8% annual preferred distribution, an impressive projected IRR of 31.5%, and a lucrative profit split of 70/30% at the end of the project. This opportunity has proven to be an enticing proposition for investors seeking robust returns and long-term value.

A Word from the Founder
“As we mark the closing of Paradyme Barn Caves, I am filled with immense pride for our team’s dedication and the trust our clients have placed in us, solidifying Paradyme’s standing as the nation’s number one developer of man caves,” declared Ryan Garland, Founder of Paradyme. “This project was conceived with a vision to blend opulent lifestyle residences that feature oversized boat and RV garages to meet the demands of the buyer in Havasu. The overwhelming response from our clients has been a testament to its success. The close of Paradyme Barn Caves is more than a milestone—it’s a beacon of our innovative spirit and unwavering commitment to excellence in luxury real estate development.”