Core Insights - High Wire Networks, Inc. is advancing its strategic growth plan by expanding its sales team and marketing resources to enhance monthly recurring revenue (MRR) from its Overwatch cyber portfolio [1][2] - The company aims to attract larger channel partners and increase average contract size and MRR per partner, building on record revenue from continuing operations in Q3 2024 [2][3] Company Strategy - High Wire has appointed experienced industry professionals to focus on larger enterprise-class clients, aligning with its transition to higher average contract sizes [3][7] - The company will continue to support smaller managed service providers (MSPs) while enhancing its sales organization to create competitive advantages through hyperautomation [4] Operational Developments - The Overwatch operations team is developing proprietary hyperautomations to drive revenue growth and gross profit expansion without a proportional increase in personnel [6] - The company is tracking its MRR 'exit velocity' to ensure strong performance in Q4 2024, with a significant pipeline of large deals in the closing stages [6][8] Leadership and Expertise - The new additions to the Overwatch team report to the chief revenue officer, who has extensive experience in driving technology companies into hypergrowth [7] - The management team is recognized for its strength and experience in the managed cybersecurity space, positioning the company for accelerated growth [5][6] Market Position - High Wire Networks has been recognized by Frost & Sullivan as a Top 15 Managed Security Service Provider in the Americas for 2024 and has made it to several prestigious lists of top IT managed service providers [11]

SUNNYVALE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- News Summary NHL Vancouver Canucks and Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Fortinet has become the new Preferred Partner for the 2024–2025 season. Canucks Sports & Entertainment (CSE) has chosen Fortinet’s industry-leading Security Fabric platform to reduce complexity and streamline the identification and remediation of network and security issues across the gr ...

Vancouver, British Columbia--(Newsfile Corp. - December 2, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), announces that the Company intends to complete a non-brokered private placement of up to 17,142,857 units (each, a "Unit") at a price of $0.07 per Unit for gross proceeds of up to $1,200,000 (the "Private Placement"). Each Unit is comprised of one common share and one common share purchase warrant (the "Warrant") having an exercise price o ...

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Vancouver, British Columbia--(Newsfile Corp. - November 27, 2024) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company") an exploration Company focused on the discovery of battery metals in Brazil's prestigious Lithium Valley, is pleased to announce the exploration team has officially entered Brazil's Lithium Valley and has commenced the maiden exploration program at the Company's flagship Arapaima Lithium Project. The core focus of the program is following up on t ...

Group 1: Partnership and Network Deployment - Ericsson has partnered with PGE Dystrybucja to implement the LTE450 network in Poland, enhancing the country's energy infrastructure and supporting renewable energy integration [1][2] - The LTE450 network will cover approximately 40% of Poland's landmass, facilitating real-time data exchange among IoT devices and grid management systems [2] - The deployment includes 510 radio sites with advanced Ericsson outdoor cabinets, ensuring reliable network performance with a 36-hour smart lithium battery backup [3] Group 2: Company Overview and Market Position - Ericsson is a leading company in communication networks and telecom services, recently reorganizing its business into four main areas: Networks, Cloud Software and Services, Enterprise, and Other [5] - The company is focusing on strengthening its position in Mobile Networks, having secured a $14 billion deal with AT&T to enhance RAN rollout in the U.S. [6] - Despite a challenging market environment, Ericsson's shares have increased by 66% over the past year, outperforming the industry growth of 41.7% [9] Group 3: Financial Performance and Outlook - In the last reported quarter, Ericsson's revenues fell by 4% year over year to SEK 61.8 billion ($5.93 billion), impacted by weak demand trends in several regions [7] - For Q4 2024, revenues from the Networks, Cloud Software and Services segment are expected to show below-average seasonality, with solid demand anticipated in North America [8]

VANCOUVER, BC and KIBBUTZ YIFAT, Israel, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste and enhancing sustainability, is pleased to announce the appointment of Aviran Fine as Chief Operating Officer. Mr. Fine has years of experience in the fast-food industry, having worked in senior leve ...

ATLANTA, Nov. 19, 2024 (GLOBE NEWSWIRE) -- IntelliTrans, a leading global multimodal transportation management solutions provider, is proud to announce the addition of Matt Everson as Senior Vice President of Sales and Marketing. In his new role, Matt will lead the company’s sales and marketing teams to accelerate new business growth and drive customer success. With a proven track record in building high performance teams, Matt brings a wealth of experience and strategic leadership to IntelliTrans. “We are ...

LOS ANGELES, Nov. 19, 2024 (GLOBE NEWSWIRE) -- AI Unlimited Group Inc. (OTCQB: AIUG), a leader in AI-driven solutions spanning fintech, travel, and investment sectors, today announced a series of transformative steps as part of its mission to pioneer ethical AI development and expansion in emerging markets. Establishment of AI Ethics BoardIn a pioneering move to set industry standards, AI Unlimited Group has established a dedicated AI Ethics Board. This board, comprising respected industry experts, ethicist ...

Google Quantum AI is using the Nvidia CUDA-Q platform and the Nvidia Eos supercomputer to help develop its next-generation quantum computing devices.The firm is using the platform to simulate the physics of its quantum processors as it works to overcome “noise” — a limitation of quantum computing hardware that allows it to run only a certain number of quantum operations before stopping, the companies said in a Monday (Nov. 18) press release.“The development of commercially useful quantum computers is only p ...