Trending – Virtual Vers https://virtualvers.com Thu, 10 Oct 2024 19:51:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://virtualvers.com/wp-content/uploads/2024/06/android-chrome-512x512-1-150x150.png Trending – Virtual Vers https://virtualvers.com 32 32 Shoolini Ranks Among Top 500 Global Universities https://virtualvers.com/trending/shoolini-ranks-among-top-500-global-universities/?utm_source=rss&utm_medium=rss&utm_campaign=shoolini-ranks-among-top-500-global-universities Thu, 10 Oct 2024 19:51:05 +0000 https://virtualvers.com/?p=8969 Leads in India as Top Private University for Third Consecutive Year

SOLAN, India, Oct. 10, 2024 /PRNewswire/ — The 15-year-old Shoolini University has secured a place in the top 500 global universities, ranking in the 401-500 band in the prestigious Times Higher Education (THE) World University Rankings. This is the second time in the last three years that Shoolini has ranked among the top 500 universities globally.

In India, Shoolini is once again the top private university for the third consecutive year. This achievement solidifies the university’s position as a leader in innovation and research, with top rankings in the gold-standard global university ranking systems — the QS World University Rankings and THE World University Rankings for 2025. Only the IISc, Bangalore, has ranked higher (251-300) band.

While 107 Indian universities featured in this year’s rankings (up from 91 last year), Shoolini stood out by being ranked second among all Indian universities and maintaining its top position for research quality and international outlook. The other Indian institutions ranked in the top 500 band are Anna University, Mahatma Gandhi University and Saveetha Institute of Medical and Technical Sciences. Only Saveetha Institute shares the same ranking band as Shoolini University, making them the top private universities in the country. Other prominent institutions in the ranking include IIT Indore in the 501- 600 band; and BITs Pilani, IIT Patna, and Thapar University in the 601-800 category 

Shoolini University also stands out globally for its ‘International Outlook’, securing the second position in India and ranking 416th worldwide.

Hailing this remarkable achievement, Shoolini Founder and Chancellor Prof PK Khosla stated, “These rankings reflect the high-quality research at our university. Being ranked among the top 500 globally also qualifies us as a Category 1 university. Additionally, our global ranking of 175 in research quality is a remarkable and motivating achievement.”

Pro Chancellor Vishal Anand described the achievement as “amazing,” praising the staff and researchers for securing the coveted position. “Shoolini’s unique environment empowers students to innovate boldly, turning ideas into impactful real-world solutions,” he added.

Vice Chancellor Prof Atul Khosla said, “We are committed to a globally integrated education, and the recent rankings prove this. Through international collaborations with the world’s best universities, we are advancing research, preparing our students for meaningful global careers, and enriching our community’s diversity and reach. I am confident our faculty and researchers will continue the outstanding effort.”

“Shoolini University is a unique institution of higher learning where innovation and unconventional thinking drive everything we do. Our top scores in research quality and international outlook showcase the expertise we have built in innovation and research across key areas such as water, energy (including solar power), Himalayan ecosystems, cancer, nanoparticles, and AI,” said Prof Ashish Khosla, President and Chief Innovation & Marketing Officer at Shoolini University.

The latest rankings place Shoolini University among the top global universities in leading institutional rankings — Times Higher Education and Quacquarelli Symonds (QS) World University Rankings 2025. This dual recognition is a major achievement for the university, which also leads the SCIMAGO rankings in Chemistry, Physics, and Astronomy.

About Shoolini University

Founded in 2009, Shoolini University is a top private university located in the scenic lower Himalayas. Ranked in the Top 100 by NIRF, it is UGC-approved and NAAC-accredited. The university is known for its top-notch faculty, strong placements, and focus on research and innovation.

https://prnmedia.prnewswire.com/news-releases/shoolini-ranks-among-top-500-global-universities-302272798.html

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Pomerantz Law Files Class Action Against Sprinklr, Inc. – CXM https://virtualvers.com/trending/pomerantz-law-files-class-action-against-sprinklr/?utm_source=rss&utm_medium=rss&utm_campaign=pomerantz-law-files-class-action-against-sprinklr Thu, 10 Oct 2024 17:57:16 +0000 https://virtualvers.com/?p=8918 SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Sprinklr, Inc. – CXM

NEW YORK, Oct. 9, 2024 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Sprinklr, Inc. (“Sprinklr” or the “Company”) (NYSE: CXM).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

The class action concerns whether Sprinklr and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

You have until October 14, 2024, to ask the Court to appoint you as Lead Plaintiff for the class if you are a shareholder who purchased or otherwise acquired Sprinklr securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.        

[Click here for information about joining the class action]  

On December 6, 2023, Sprinklr issued a press release announcing its financial results for its fiscal third quarter.  On a related earnings call that same day, Sprinklr announced a sequential decrease in the total number of customers spending more than $1 million, which the Company attributed to macroeconomic conditions.  Sprinklr also lowered its guidance for fiscal year 2025. 

On this news, Sprinklr’s stock price fell $5.59 per share, or 33.47%, to close at $11.11 per share on December 7, 2023. 

Then, on June 5, 2024, Sprinklr issued a press release “report[ing] financial results for its first fiscal quarter ended April 30, 2024.”  Among other items, Sprinklr provided full-year revenue guidance below expectations and second-quarter revenue guidance that fell short of consensus estimates.  Sprinklr cited a soft demand environment with longer sales cycles and heightened budgetary scrutiny, and advised investors that it observed higher churn in its core product suites due to reduced marketing spend, elimination of programs, and seat reductions. 

On this news, Sprinklr’s stock price fell $1.64 per share, or 15.13%, to close at $9.20 per share on June 6, 2024.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.   

Attorney advertising.  Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

https://prnmedia.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-announces-the-filing-of-a-class-action-against-sprinklr-inc–cxm-302271731.html

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Imperative Logistics Acquires JAMCO, Enhances U.S.-Mexico Trade Services https://virtualvers.com/trending/imperative-logistics-acquires-jamco-enhances-u-s/?utm_source=rss&utm_medium=rss&utm_campaign=imperative-logistics-acquires-jamco-enhances-u-s Thu, 10 Oct 2024 16:18:24 +0000 https://virtualvers.com/?p=8891 Imperative Logistics Group Acquires JAMCO, Adding Specialized Cross Border U.S. – Mexico and International Trade Compliance Services

PORTLAND, Ore., Oct. 9, 2024 /PRNewswire/ — Imperative Logistics Group, a leading provider of mission-critical domestic and global forwarding solutions, today announced the strategic acquisition of JAMCO, a prominent U.S.-Mexico cross-border and international logistics provider.

“We are thrilled to welcome JAMCO, and its employees into the Imperative family,” said Dante Fornari, CEO. “JAMCO’s capabilities align perfectly with our growth strategy and commitment to providing comprehensive, highly specialized premium logistics solutions. JAMCO will significantly enhance our service offering by adding highly differentiated and integrated cross-border trade and logistics services. We’ll be better positioned to support existing customers who manufacture in Mexico while providing JAMCO clients with our expedited mission-critical shipping and global forwarding capabilities.”

In 2023, Mexico became the largest trading partner of the United States, surpassing China with over $800 billion in trade value. Laredo, Texas, has also solidified its role as the top U.S. port, measured by trade value, representing approximately 40% of all U.S.-Mexico trade flows. The acquisition of JAMCO enables the Imperative Group to offer highly specialized services in this vital trade corridor.

Based in Laredo, TX, JAMCO has established itself as a leader in cross-border logistics, offering services including materials management, customer information systems, and online visibility to inventory, customs and transportation activity.

“This acquisition allows us to capitalize on the growing cross-border logistics market, valued at $14 billion annually and growing steadily due to nearshoring trends.” Fornari added.

“Joining forces with Imperative Logistics Group presents a tremendous opportunity for JAMCO to expand our reach and enhance our service capabilities,” said Juan Menchaca, Founder and Executive Advisor of JAMCO, “We’re excited about the growth prospects between our companies and the value this partnership will bring to our customers.”

“With this acquisition, Imperative Logistics Group will integrate JAMCO’s capabilities into its service offering, to include the crucial U.S.-Mexico trade corridor. The combined strengths of both companies will allow Imperative to offer an even broader range of specialized logistics solutions, from time-sensitive deliveries to complex supply chain management, further solidifying its position as a leader in providing complex high value solutions to the logistics  industry.  “I’m very excited to lead JAMCO in our next chapter with Imperative”, cited Rahul Oltikar, President of JAMCO.  

About Imperative Logistics Group:

Imperative Logistics Group is a premier provider of mission-critical and global forwarding logistics solutions, specializing in sectors such as technology, healthcare, energy, aerospace, and chemicals. With a focus on service excellence and innovation, Imperative offers a full suite of logistics services, including air, ocean, and ground transportation, logistics management, and customs brokerage.

About JAMCO:

JAMCO is a leading logistics company with expertise in cross-border trade and international logistics. Headquartered in Laredo, TX, JAMCO offers a wide range of services, including customs brokerage, trade consultation, materials management, and advanced customer information systems.

SOURCE Imperative Logistics Group

https://prnmedia.prnewswire.com/news-releases/imperative-logistics-group-acquires-jamco-adding-specialized-cross-border-us—mexico–and-international-trade-compliance-services-302271874.html

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Energy Storage Canada Recognizes Five Leaders and Innovators in Canadian Sector https://virtualvers.com/trending/energy-storage-canada-recognizes-five-leaders/?utm_source=rss&utm_medium=rss&utm_campaign=energy-storage-canada-recognizes-five-leaders Thu, 10 Oct 2024 15:55:09 +0000 https://virtualvers.com/?p=8880 TORONTO, Oct. 9, 2024 /CNW/ – On the evening of October 8, Energy Storage Canada (ESC) recognized five leaders and innovators in the Canadian energy storage sector as part of their third annual, Energy Storage Canada Awards. Awards were distributed as part of the first evening of their two-day annual Energy Storage Canada Conference, the only national energy storage conference in Canada, which is going into its ninth year.

The first Board of Directors-selected award this year recognized Ontario Independent Electricity System Operator (IESO) as the 2024 Friend of Energy Storage Award recipient. The Board emphasized the IESO’s consistent and early engagement with industry stakeholders, since 2012, to provide a viable pathway for energy storage to contribute to the province’s energy grid. Pilot projects and advisory boards over the course of several years culminated one of the largest energy storage procurements in North America, and the largest in Canada to date with over 3000 MW of energy storage procured.

Second, the Board jointly recognized Matt Jamieson, CEO of Six Nations of the Grand River Development Corporation and Mark B. Hill, former Chief of Six Nations of the Grand River, current Principal Partner with Rezolve Strategies for the 2024 Pioneer in Energy Storage Award. Both were early proponents and partners in Canada’s first large-scale battery energy storage projects with 50/50 ownership for an Indigenous or First Nation Community in Canada with the Oneida BESS project. Their articulation of the value of the project and their collaboration with their community led to developing and finalizing a first of its kind partnership for energy storage that can serve as a template for equal partner projects in the energy storage industry across Canada.

“We’re in our third year of recognizing the innovation and leadership of Canada’s energy storage sector,” said ESC Executive Director, Justin Rangooni. “Each year we’re seeing more projects announced, more development taking place, and more awareness of the potential of energy storage to contribute to Canada’s future grid across the country. We’re excited by the opportunity to recognize the incredible work that is being done.”

First of this year’s nominated awards, the 2024 Energy Storage Milestone Award, recognized Canadian manufacturer, Invinity Energy Systems, for the recent milestone completion completion of an expansion of their manufacturing facility in British Columbia, which will now have capacity to produce 200MWh of vanadium flow batteries annually. The completion will support the growth and expansion of the energy storage market, contributing to the timely and reliable delivery of products for project development. Second to be recognized was Rodan Energy Solutions, recipient of the 2024 Landmark Application of Energy Storage Award, for the unique integration and implementation of a battery energy storage system (BESS) plus uninterrupted power supply (UPS) system for a glass manufacturer in Collingwood Ontario. The double conversion system which augments the system’s reliability, and the containerized form of the solution which facilitates scalability, make this application of technologies unique. 

Hosted as part of Energy Storage Canada’s annual conference, the Energy Storage Canada Awards aim to recognize and celebrate leadership and ingenuity within the sector year to year as energy storage continues to charge Canada’s path to a net zero future.

The call for nominations for next year’s awards will open Spring 2025.

Quotes:

“I am deeply grateful to Energy Storage Canada for recognizing the IESO’s efforts in this dynamic and ever-evolving industry. As electricity demand increases across Ontario in the years ahead, we know that storage will become a critical component of our already-diverse supply mix, contributing to the reliability and affordability of our grid.” Lesley Gallinger, President & CEO, IESO

“Invinity is committed to enhancing the future electric grid using our durable, safe vanadium flow batteries. While I am encouraged by our progress toward that goal, I’m even more excited by how we’re helping to lay the foundations for Canada’s energy storage manufacturing sector. The products we design and manufacture at our Vancouver facility deliver exceptional capabilities to customers worldwide. We feel this further proves that Canadian industry, building on a pedigree of excellence in energy of all forms, can provide competitive solutions that enhance the global supply of affordable, dependable electricity. On behalf of the entire Invinity team, I thank Energy Storage Canada for recognizing those efforts.” Matt Harper, Chief Commercial Officer, Invinity Energy Systems

“We are thrilled to showcase the benefits of our UPS + BESS systems for industry and manufacturing facilities. Being recognized by Energy Storage Canada is a testament to Rodan’s commitment to delivering innovative, reliable, and sustainable solutions. We look forward to developing and operating these UPS+BESS systems for all large industrial, institutional and commercial consumers.” Paul Grod, President & CEO, Rodan Energy Solutions

With nearly 100 members, Energy Storage Canada (ESC) is Canada’s only national trade association dedicated solely to the growth & market development of energy storage as part of Canada’s energy transition through policy advocacy, education, collaboration, and research. ESC is technology-agnostic and not-for-profit, representing the full value chain for energy storage from end-to-end.

SOURCE Energy Storage Canada

https://prnmedia.prnewswire.com/news-releases/energy-storage-canada-recognizes-five-leaders-and-innovators-in-canadian-sector-800488941.html

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Most Small Business Owners: U.S. Economy Hurting Their Business https://virtualvers.com/trending/most-small-business-owners-u-s-economy-hurting-their-business/?utm_source=rss&utm_medium=rss&utm_campaign=most-small-business-owners-u-s-economy-hurting-their-business Thu, 10 Oct 2024 15:38:08 +0000 https://virtualvers.com/?p=8865 Majority of Small Business Owners Say U.S. Economic Environment is Harming Their Business

National Write Your Congressman Index identifies immigration, inflation, and the U.S. economy as top issues business owners want Presidential candidates to address as Election Day nears

DALLAS, Oct. 9, 2024 /PRNewswire/ — National Write Your Congressman (NWYC), an organization that gives small businesses a voice in government, released its Q3 2024 Index measuring Congressional and business sentiment. The Index found an increase in business owners’ trust, satisfaction, and hope in Congress from Q2 2024, but more than 85 percent of business owners say the U.S. economic environment is harming their business. Sixty-seven percent of business owners are concerned and fearful the U.S. economy is moving in the wrong direction.

“Small business owners are deeply concerned about how the election results may impact their business, especially given the current economic challenges,” said Randy Ford, President and COO of National Write Your Congressman. “However, it’s encouraging to see an increase in trust, satisfaction, and hope in Congress over the last four years. Business owners remain resilient, and we encourage them to continue advocating for their business priorities in Washington, ensuring their voices are heard.”

The 2024 Election
Among those who watched the second presidential debate, 83 percent said it did not change their voting decision for November. Only three percent of business owners are still deciding or unsure of who they will vote for in the 2024 presidential election. Last quarter, nine percent of business owners were undecided. 

The Index identified immigration, inflation, the U.S. economy, taxes, and the U.S. debt ceiling and government spending as the most important topics business owners want candidates to address.

“With higher costs of products, labor, and living expenses, I hope that the president would work to implement changes not only in the regulations that affect our business but will try and reduce the high cost of government in our lives,” said Patrick Hanon, Owner, O’Hanon’s LLC in Farmington, New Mexico.  

Fifty-nine percent of business owners expressed significant concern about the effects of immigration policies on their ability to hire qualified workers. Twenty-two percent believe tax cuts for middle-class families and small businesses will benefit their business.

Economic Outlook
Sixteen percent of business owners are worried the U.S. economy will decline due to the November 2024 election. Only four percent of business owners remain optimistic that the U.S. economy is heading in the right direction.

Small businesses are facing challenges as 35 percent report a decline in performance, a 13 percent jump from last quarter. Nearly half have remained stagnant, while only 16 percent are experiencing growth—down from 19 percent in the previous quarter.

“Our business has not thrived but maintained for the past three years.  Inflation has cause us to endure an economic flatline,” said Shannon Lang, Havener’s Termite & Insect Control located in multiple locations across Missouri.

Congressional Sentiment
Fifty-eight percent of business owners believe their elected U.S. Congressional Members know their opinions on important issues. Forty-one percent believe their elected Congressional Members act according to their constituents’ input, an increase from Q2 2024.

“We need real leaders to lead our country. Someone who can relate to the everyday issues of businesses and individuals,” said Todd Hendricks Sr., Founder Pioneer Industrial Systems, LLC located in multiple locations across Ohio.

Methodology
NWYC collected data using an online survey from September 12 through September 25, 2024. A total of 1,237 respondents participated. Respondents represent 49 of the 50 states in the U.S. Sixty-one percent of business owners surveyed employ one to nine employees, and 37 percent employ 10 to 99 employees.

About National Write Your Congressman

Since 1958, National Write Your Congressman (NWYC) has empowered small businesses by providing nonpartisan information, research, and tools to connect with their representatives in Washington. As the nation’s largest, privately held, nonpartisan membership organization made up of small businesses, NWYC’s team of experts provides unbiased, nonpartisan information and research on top issues and pending legislation relevant to small business owners today. NWYC presents both sides of the issue so that members can form an educated opinion and let their elected officials know their opinion. For more information visit www.nwyc.com.

SOURCE National Write Your Congressman

https://prnmedia.prnewswire.com/news-releases/majority-of-small-business-owners-say-us-economic-environment-is-harming-their-business-302271876.html

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STRONGEST MAN ON EARTH, MITCHELL HOOPER, JOINS TEAM MUTANT https://virtualvers.com/trending/strongest-man-on-earth-mitchell-hooper/?utm_source=rss&utm_medium=rss&utm_campaign=strongest-man-on-earth-mitchell-hooper Thu, 10 Oct 2024 15:22:39 +0000 https://virtualvers.com/?p=8850 Hardcore partnership with leading sports nutrition company to debut at Olympia Fitness & Performance Weekend

PORT COQUITLAM, BC, Oct. 9, 2024 /PRNewswire/ — Fit Foods Ltd., a leading Canadian sports nutrition company in the bodybuilding and fitness industry that develops sports nutrition products for those born hardcore, announced today that Mitchell Hooper, a Canadian strongman and Strongest Man on Earth competitor, has joined Team MUTANT. Team MUTANT is a group of world-class athletes who take strength training above and beyond with their hardcore mindset and dedication. MUTANT products and lifestyle gear is for hardcore and strength athletes who strive to build massive physiques through serious and intense training regimens. 

“Mitchell Hooper is the definition of dedication and hardcore, which is why we’re pumped he is joining Team MUTANT,” said MUTANT President and CEO Jim McMahon. “He’s a powerhouse with an unmatched work ethic and he is a shining example of the MUTANT athlete who we’ve been supporting and working with for decades. With Mitchell joining Team MUTANT, we’ll continue surpassing our goals.”

Fans can meet Hooper and other members of Team MUTANT at the 2024 Olympia Fitness & Performance Weekend Expo at the Las Vegas Convention Center on Friday, October 11, at the MUTANT Booth, #924, from 9 to 9:45 a.m. and 3:15-5:00 p.m.

“Hooper was born hardcore. He is Canada’s premier strongman and won this year’s 2024 Strongest Man on Earth competition. In 2023, Hooper won first place at the World’s Strongest Man competition becoming the first Canadian to hold that title. Hooper’s hardcore dedication led him to become the only person to have won the four most prestigious competitions in modern strongman: World’s Strongest Man, Arnold Strongman Classic, Rogue Invitational, and Strongest Man on Earth.”

Hooper perfectly represents Team MUTANT and relies on the latest science for his exercise program and nutrition supplementation. Which is why Hooper choose MUTANT as his sports nutrition partner. MUTANT supplements are manufactured in Canada at a fully owned and operated facility. MUTANT uses cutting-edge science to formulate bio-available products that support real athletes. All flavors are developed in house ensuring that the products taste as good as they work. 

“With a master’s in exercise physiology, everything I do is backed by strong (pun intended) scientific evidence,” said Hooper. “MUTANT is specially formulated to support hardcore athletes like me and allow me to get through my intense training regimen. I’m confident MUTANT gives me the nutrition I need due to their incredibly well-formulated and science-backed products, all of which provides me with high levels of bioavailability and absorption. I am genuinely excited to be a part of this world-renowned team.”

Learn more about Team MUTANT and the partnership at www.iammutant.com/pages/athletes.

About Fit Foods Ltd

Fit Foods Ltd, a world-class manufacturer of sports nutrition proteins and other supplements, specializing in powders. Its extensive variety of products and formulas has earned it international recognition for superior-tasting quality products, and has resulted in a leading position in the marketplace. Fit Foods brands are distributed worldwide in 70+ countries. Its manufacturing facilities are GMP compliant, NHP site licensed (#300341), CFIA licensed (4420), US FDA licensed, and Certified Organic by PACS (#16-463). MUTANT is one of the companies most beloved brands.

SOURCE Fit Foods Ltd.

https://prnmedia.prnewswire.com/news-releases/strongest-man-on-earth-mitchell-hooper-joins-team-mutant-302271950.html

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Superstar USHER Featured on Digital Billboards that Shine a Light on Afterschool Programs https://virtualvers.com/trending/usher-highlights-afterschool-programs-on-digital-billboards/?utm_source=rss&utm_medium=rss&utm_campaign=usher-highlights-afterschool-programs-on-digital-billboards Thu, 10 Oct 2024 15:19:56 +0000 https://virtualvers.com/?p=8847 Clear Channel Outdoor Supporting the 25th Annual Lights On Afterschool with Coast-to-Coast Digital Billboard Campaign in October

WASHINGTON, Oct. 9, 2024 /PRNewswire/ — Afterschool champions led by the Afterschool Alliance and Usher’s New Look are joining Clear Channel Outdoor (NYSE: CCO) for a broad-based visibility campaign across nearly 2,000 digital billboards as part of the 2024 national Lights On Afterschool rally. The ads recognize the remarkable work afterschool programs are doing to help young people find their spark through hands-on learning, caring mentors, homework help, STEM (science, technology, engineering, and math) activities, computer programming, robotics, healthy snacks and meals, job and college readiness, the arts, other fields, and more.

Now in its 25th year, Lights On Afterschool is the only national rally for afterschool programs. Throughout October, programs across the country are holding events at schools, 4-Hs, Boys & Girls Clubs, YMCAs, museums, public parks, community centers, and other venues to celebrate the critical support these programs provide to youth and families. The events send the message that demand for afterschool programs is high, too many youth are without programs, and the end of federal pandemic relief funding will force many programs to close or cut services.

Nearly 25 million children would enroll in an afterschool program, if a program were available to them, according to a 2022 survey of approximately 1,500 parents commissioned by the Afterschool Alliance and conducted by Edge Research. That is the highest number ever recorded. Unmet demand for afterschool programs is significantly higher among Latino and Black children (at 60% and 54% respectively) than among children overall (49%). Cost is the top barrier to enroll, cited by 57% of parents as a reason for not enrolling their child. Ninety percent of parents rate the quality of the program their child attends as excellent or very good.

“My afterschool experience at the Boys & Girls Clubs in Chattanooga, Tennessee is where I found my spark for music – a passion that became my career,” USHER said. “That experience is where I was motivated to start Usher’s New Look, an afterschool program that has been empowering youth for the past 25 years. Every child should have a place that sparks their interests and helps them find their passions and purpose. As this year’s Honorary Chair of Lights On Afterschool, I hope my voice can help amplify the need to close the gap for the 25 million youth who still need afterschool services.”

Lights On Afterschool serves as a reminder that a large body of evidence demonstrates improvements in grades, school attendance, behavior, and more among children who participate in afterschool programs. Researchers have also found that students in afterschool programs are more engaged in school and excited about learning and develop critical work and life skills such as problem solving, teamwork, and communications. 

Organized by the Afterschool Alliance, Lights On Afterschool will include some 8,000 events that showcase the skills students gain and the talents they develop in their afterschool programs.

Clear Channel Outdoor is supporting Lights On Afterschool by donating some of its most prominent space to display afterschool messages on digital billboards, transit shelters, and poster spaces in 25 markets around the country throughout the month of October. On October 24th, the official Lights On Afterschool day, Clear Channel will feature afterschool messages on two digital spectacular screens in New York City’s Times Square and will bathe Boston’s South Street Station in blue and yellow in honor of Lights On Afterschool. Supporters also will be lighting up local landmarks and buildings across the country to show their support for afterschool programs.  

“Afterschool programs nationwide are tremendously grateful to Clear Channel Outdoor for its tremendous support and for spreading the word about the power of afterschool programs,” said Afterschool Alliance Executive Director Jodi Grant. “Lights On Afterschool celebrates the work these programs do to keep kids safe, inspire them to learn, and give working parents peace of mind that their children are safe and supervised after the school day ends. We are truly thrilled that Clear Channel Outdoor is helping make this event a success again this year.”

“We’re proud to team up with our partners to celebrate the 25th Lights On Afterschool and underscore the transformational power of afterschool programs in the lives of kids, families, and communities across America,” said Dan Levi, EVP & CMO, Clear Channel Outdoor. “As millions of students continue to miss out on afterschool opportunities, we’re honored to feature USHER in this year’s digital billboard campaign as he lends his voice to encourage kids to find their ‘spark’ and to ignite a nationwide call for greater access to quality afterschool programs.”

The Afterschool Alliance is a nonprofit public awareness and advocacy organization working to ensure that all children and youth have access to quality afterschool programs. More information is available at www.afterschoolalliance.org.

SOURCE Clear Channel Outdoor

https://prnmedia.prnewswire.com/news-releases/superstar-usher-featured-on-digital-billboards-that-shine-a-light-on-afterschool-programs-302271945.html

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Aequum Capital Provides $15.0MM in Revolving Line of Credit to Preeminent Distributor of Pet Products https://virtualvers.com/trending/aequum-capital-grants-15mm-credit-line-to-top-pet-products-distributor/?utm_source=rss&utm_medium=rss&utm_campaign=aequum-capital-grants-15mm-credit-line-to-top-pet-products-distributor Thu, 10 Oct 2024 15:10:17 +0000 https://virtualvers.com/?p=8844 CHICAGO, Oct. 9, 2024 /PRNewswire/ — Aequum Capital is excited to announce that it has recently provided a $15 million revolving line of credit to a Denver-based distributor of pet products. This strategic credit facility enables the company to leverage its accounts receivables and inventory, allowing it to bring key supplier payables current and place new inventory orders.

While banks and other lenders hesitated to extend financing due to challenges faced by the company during its transition away from a third-party logistics (3PL) provider, Aequum recognized the one-time nature of these events as well as the strength of the management team and was able to close within fifteen days from term sheet execution. The quick turnaround provided the Company with the needed liquidity to keep inventory orders flowing and supplier relationships intact.

Aequum Capital looks forward to continuing its partnership with the company as it strives to meet the evolving needs of pet product consumers.

About Aequum Capital

Aequum Capital Financial is a specialty finance lender providing senior asset-backed and cash flow debt facilities of up to $25 million to small and medium-sized businesses throughout the U.S. 

For more information, please go to https://aequumcapital.com or contact Geno Ruggles at genoruggles@aequumcapital.com.

SOURCE Aequum Capital Financial LLC

https://prnmedia.prnewswire.com/news-releases/aequum-capital-provides-15-0mm-in-revolving-line-of-credit-to-preeminent-distributor-of-pet-products-302271960.html

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HASC Welcomes SCSWLA as HASC Louisiana, Enhancing Services https://virtualvers.com/trending/hasc-welcomes-scswla-as-hasc-louisiana/?utm_source=rss&utm_medium=rss&utm_campaign=hasc-welcomes-scswla-as-hasc-louisiana Thu, 10 Oct 2024 12:14:26 +0000 https://virtualvers.com/?p=8837 HASC Welcomes Safety Council of Southwest Louisiana as HASC Louisiana, Strengthening Regional Services

HOUSTON, Oct. 9, 2024 /PRNewswire/ — The Health and Safety Council (HASC) continues its expansion and is proud to announce that the Safety Council of Southwest Louisiana (SCSWLA) is now HASC Louisiana. This exciting development further solidifies HASC’s commitment to providing unparalleled service to industry, supporting contractors and owner/operators in Louisiana. With this significant growth, HASC Louisiana will offer world-class safety training, board-certified occupational health, screening services, and advanced technology solutions to better support local industry.

Russell Klinegardner, President & CEO of HASC, stated, “HASC Louisiana marks a pivotal milestone in our growth, reflecting our commitment to delivering exceptional solutions that address the evolving demands of industries nationwide. This business combination creates a unique opportunity for both organizations to align our efforts, allowing us to drive innovative, industry-leading solutions.”

Combining nearly 70 years of history in Southwest Louisiana with HASC’s industry-leading expertise, as part of this transition, HASC Louisiana will be positioned to deliver unmatched services to support the region’s demands. This change reflects HASC’s dedication to fostering safer, more efficient workplaces and elevating industry standards in workforce readiness.

Cami Hysler, Senior Vice President of Strategy at HASC, remarked, “This strategic transition marks an important milestone in our commitment to listening to the customer and supporting the industrial workforce throughout the Gulf Coast. We’re excited to bring enhanced services and deeper collaboration to the region, all while continuing to uphold the strong safety legacy built in Southwest Louisiana.”

As part of this transition, Sarita Scheufens, previously of SCSWLA, is named President of HASC Louisiana. Sarita emphasized, “I am thrilled to continue leading our organization in Louisiana into this exciting new chapter as HASC Louisiana. The transition will allow us to bring increased operational efficiency, enhanced training and technology solutions, and integrated occupational health services to our region. By building on the strong foundation we’ve established, we are better positioned than ever to meet the needs of Industry and ensure a safer, healthier future for the workforce. I look forward to carrying on our tradition excellence while embracing the opportunities ahead.”

HASC Louisiana will continue to serve as a vital resource for companies and workers across the region, ensuring they have access to the highest quality training, health services, and workforce solutions needed to thrive in today’s competitive industrial landscape. Additionally, HASC Louisiana will continue to strengthen collaboration with regional industry leaders and community stakeholders to provide the highest quality service.

For more information on HASC Louisiana, visit hasc.com/louisiana.

About HASC

The Health and Safety Council® (HASC) is a 501(c)3 non-profit association and has proudly served Industry for over 34 years as a leader in developing innovative and advanced solutions, including training, occupational health, screening and technology. Since its inception in 1990, HASC has delivered over 20 million units of training and occupational health services to over 1.5 million unique individuals. In addition to a 38-acre headquarters campus along the Houston, TX, ship channel, HASC has multiple campuses, satellite locations and online services, providing reciprocity nationwide.

SOURCE Health and Safety Council

CONTACT: info@hasc.com

https://prnmedia.prnewswire.com/news-releases/hasc-welcomes-safety-council-of-southwest-louisiana-as-hasc-louisiana-strengthening-regional-services-302271935.html

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PalawanPay engages over 20 million users through CleverTap https://virtualvers.com/trending/palawanpay-engages-over-20-million-users-through-clevertap/?utm_source=rss&utm_medium=rss&utm_campaign=palawanpay-engages-over-20-million-users-through-clevertap Wed, 09 Oct 2024 20:28:19 +0000 https://virtualvers.com/?p=8803 SAN FRANCISCO and MUMBAI, India, Oct. 9, 2024 /PRNewswire/ — PalawanPay, a leading e-wallet solution from the Palawan Group of Companies, has partnered with CleverTap, the all-in-one engagement platform, to enhance customer engagement, drive personalization, and fuel significant growth.

Recognized as one of the fastest-growing e-wallets in the Philippines, PalawanPay complements its nationwide physical presence by offering a comprehensive suite of services accessible anytime, anywhere. The app plays a crucial role in realizing the company’s vision of becoming the leading money shop in the Philippines by providing advanced, technology-assisted financial services. Building on its substantial success, PalawanPay continuously strives to enhance financial activity rates, increase product awareness, and transition anonymous users into verified customers. The company also focuses on boosting conversions and re-engaging users to further strengthen and expand its growing user base.

CleverTap’s tailored solutions are pivotal in driving PalawanPay’s activations by unifying customer profiles and reducing drop-offs. These solutions accelerate transactions through personalized engagement and targeted promotions, maximizing user retention with automated reminders and real-time omnichannel optimization. Additionally, they proactively engage at-risk users to minimize churn and encourage reinstallation.

By deploying CleverTap’s integrated platform, PalawanPay engages with over 20 million users and achieves:

  • 2.2x increase in conversion rates for new users within 1 week of the first app launch, with previously unbanked individuals in the Philippines gaining access to digital currency.
  • 7x increase on monthly repeat transaction rate for highly engaged users, relying on PalawanPay for their monthly financial transactions as compared to less engaged users.
  • 30% contribution margin on total transacted users, significantly contributing to PalawanPay’s overall transaction volume, demonstrating their loyalty and trust in the platform.

Third Librea, President and CEO of PalawanPay, said “At PalawanPay, our mission is to transform financial services in the Philippines by integrating advanced technology with our extensive network. Our collaboration with CleverTap has been instrumental in achieving our goals. The ability to personalize user experiences and deliver targeted promotions has significantly increased our customer engagement and transaction rates. This partnership not only enhances our offerings but also brings us closer to realizing our vision of becoming the leading money shop in the Philippines. We are excited about the future and remain committed to providing accessible and reliable financial solutions to our customers nationwide.”

Marc-Antoine Hager, Regional Head – SEA, CleverTap said “We are thrilled to collaborate with PalawanPay in their accelerated growth journey as they aim to transform financial services in the Philippines. At CleverTap, our focus is on empowering digital-first businesses to create meaningful customer experiences through personalized engagement and data-driven strategies. By integrating our platform, PalawanPay has been able to forge deeper connections with users and address critical challenges around user retention and conversion. We are excited to support PalawanPay as they continue to innovate and expand their services. We look forward to working with them to achieve even greater milestones together.”

PalawanPay was honored with multiple prestigious accolades at the Asian Banking & Finance Fintech and Retail Banking Awards 2024. The company continues to demonstrate its commitment to financial innovation and inclusion, delivering solutions that resonate with both consumers and the industry.

About Palawan Group of Companies:

The Palawan Group of Companies is composed of products and services such as Palawan Pawnshop, Palawan Express Pera Padala, Palawan ProtekTODO, Palawan Credit, and PalawanPay. A brand trusted by Filipinos for almost 4 decades, PGC is one of the fastest-growing financial institutions in the country. With its strength in remittance and pawning services, the company is the market leader in the industry and has over 70,000 branches, Pera Padala outlets, and PalawanPay Money Shops nationwide.

Palawan Group of Companies offers pawnbroking services, domestic and international remittances, microinsurance, bills payment, electronic mobile phone loading, cash-in of e-wallets, money exchange, ATM withdrawal, and cash disbursements.

Palawan Group of Companies introduced PalawanPay, an e-wallet app that allows users to send and receive remittances anytime, anywhere. PalawanPay is the company’s latest digital solution, offering faster, safer, and more convenient transactions. In addition to remittances, the app provides access to other financial services, including bills payment, e-cellphone load top-ups, and scan-to-pay QRPH codes. The app also features integrated functionality for pawn renewal, jewelry item purchase, ProtekTODO personal insurance, and international remittance claims.

Palawan Pawnshop, Palawan Express Pera Padala, and PalawanPay are supervised by the Bangko Sentral ng Pilipinas. For more information, go to Palawan Pawnshop and PalawanPay Websites.

About CleverTap

CleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Domino’s, Levis, Jio, Papa John’s, Zomato, Kotak Bank, Air Asia, Carousell, TD Bank, and Tesco to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.

Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta.

Forward-Looking Statements
Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

SOURCE CleverTap

https://prnmedia.prnewswire.com/news-releases/palawanpay-engages-over-20-million-users-through-clevertap-302271116.html

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