Before, during and after severe weather, Verizon's got you
GlobeNewswire News Room· 2025-05-07 13:00
Core Viewpoint - Verizon is committed to maintaining connectivity for customers during severe weather events through resilient infrastructure, specialized teams, and community support initiatives [1][2][11]. Network Resilience - Verizon's network covers 99% of populated areas and is designed to withstand severe conditions with backup power and redundant fiber routes [2]. - All macro cell sites have backup battery power, and over 1,000 mobile generators are on standby to ensure connectivity during power outages [2]. - The company provides real-time network status updates through its website and My Verizon app [2]. Crisis Response - Verizon has specialized teams and resources ready to support communities during crises, including satellite technology for maintaining connectivity when traditional networks fail [3][4]. - The Verizon Frontline Crisis Response Team, composed of former first responders and military members, has responded to over 1,500 requests from public safety agencies in 2024 and nearly 400 requests in the first four months of 2025 [6]. Technological Innovations - Verizon has launched the Verizon Frontline Network Slice, a dedicated 5G Ultra Wideband network for public safety, enhancing reliability and performance for first responders [10]. - The company is expanding its flood sensor technology in partnership with Hyfi to provide real-time data on flood risks, with plans to roll out in cities like Chicago and Miami [12]. Community Commitment - Verizon is expanding its disaster response initiatives, including partnerships with organizations like United Way and Habitat for Humanity to provide comprehensive support in 15 cities [14]. - The company has introduced the Disaster Resilience Prize in collaboration with MIT Solve to foster technological advancements that mitigate natural disaster impacts [13]. Retail Support - Verizon maintains a network of retail locations to assist customers in preparing for severe weather and recovering afterward, with updated information available online [15].
Cloudastructure Secures Largest Contract in Company History with Global Real Estate Investment Firm
GlobeNewswire· 2025-05-07 13:00
Core Insights - Cloudastructure, Inc. has secured its largest customer contract in history with a premier global real estate investment firm, marking a significant milestone in the company's growth trajectory [1][3] - The client is a leader in luxury multifamily development, and Cloudastructure will provide AI-powered surveillance solutions for a flagship Class-A high-rise property in Houston, Texas [2][3] - The agreement highlights the increasing demand for cloud-based, AI-driven surveillance solutions in the real estate sector, with Cloudastructure deploying a full suite of security solutions for 24/7 monitoring and real-time threat response [3][4] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and offers a scalable cloud-based security platform featuring advanced AI/ML analytics and remote guarding solutions [5] - The company's platform allows for proactive, end-to-end security, with a value proposition that includes contract-free, month-to-month pricing and unlimited 24/7 support [5] - Cloudastructure claims to achieve up to a 75% lower Total Cost of Ownership compared to other systems, enhancing situational awareness and crime prevention [5] Industry Trends - The contract signifies a shift in the real estate industry's approach to physical security, moving from traditional CCTV and guards to scalable, AI-driven solutions [4] - There is rising investor confidence in AI-powered surveillance technologies, particularly among institutional owners managing Class A and B assets [4] - The deployment of intelligent surveillance is becoming critical in luxury real estate, reinforcing the importance of advanced security measures in high-end developments [2][4]
LPL Financial Welcomes Women-Led West Texas Investments
GlobeNewswire· 2025-05-07 12:55
Core Insights - LPL Financial has welcomed three financial advisors from West Texas Investments, who manage approximately $170 million in advisory, brokerage, and retirement plan assets, transitioning from B. Riley Wealth Advisors [1][2] Group 1: Company Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting nearly 29,000 financial advisors and servicing approximately $1.7 trillion in brokerage and advisory assets for around 6 million Americans [6] Group 2: Team Background - West Texas Investments was founded in 2012 by Stephanie Stewart and her late partner David Barber, with Debra Hedgcoth joining in 2018 after a 25-year career with the IRS, and Madison Wentland joining in 2019 [2] - The team has over 40 years of combined industry experience and employs a holistic approach to assist clients in achieving their financial goals [2] Group 3: Client Engagement Strategy - The team utilizes a 'Discover, Design and Deliver' approach to understand clients' dreams and values, creating customized financial plans and providing ongoing support [3] - The transition to LPL is aimed at enhancing service offerings and improving the client experience through integrated technology and extensive back-office services [4] Group 4: Transition Experience - The transition process to LPL has been described as seamless, with positive feedback on the communication and support received from LPL's transition team [4] - LPL's commitment to helping advisors differentiate themselves and enhance client experiences is emphasized by Scott Posner, LPL Managing Director [4]
VERSES Issues Inaugural Monthly Newsletter May 2025
GlobeNewswire· 2025-05-07 12:55
Core Insights - VERSES AI Inc. has launched its inaugural monthly newsletter to provide updates on company momentum, product innovation, and financial highlights [2][4] - The company has officially launched its product Genius, aimed at enabling Agentic Intelligence for enterprise applications [4][5] - Genius is designed for machine learning and data science professionals, offering tools for building domain-specific models to enhance decision-making [4][5] Product Update - Genius was launched on April 30, 2025, with significant upgrades based on customer feedback during the beta phase [5] - The product targets various sectors including telecom, logistics, and oil and gas, providing tools for model building and reliable predictions [5] - Genius operates on a paid service model with consumption-based and performance-based pricing [5] Use Case Spotlight - Genius can optimize insulin delivery in healthcare by learning patient-specific glucose response patterns and adapting insulin delivery in real-time [7][13] - The International Diabetes Federation predicts a rise in diabetes cases from 589 million in 2025 to 853 million by 2050, highlighting the need for advanced solutions [9] Research Developments - Research is progressing with a focus on advanced strategies for complex dynamic systems, including a presentation on EcoNet at the AI UK 2025 event [11] - Several scholarly papers have been published by employees, contributing to the academic discourse in AI and neuroscience [12][17] Corporate News - Recent leadership promotions include Lori Pike as Vice President of Engineering and Tim Bellay as Director of Product, crucial for the success of Genius [21] - James Hendrickson has been promoted to President and COO, while James Christodoulou has joined as CFO to lead financial operations [22] AI Sector Update - NVIDIA's GTC AI Conference highlighted the transformative potential of AI agents across industries, emphasizing the concept of "agentic AI" [23][24] - Morgan Stanley identified five key AI trends at its Technology, Media & Telecom Conference, indicating a growing interest in AI applications [26][28] News and Key Moments - Key recent events include the commercial launch of Genius, a public offering raising US$7.9 million, and a partnership with AI Driller for smarter oil and gas operations [27]
Howard Hughes Holdings to Host an X Spaces Session on Thursday, May 8 at 11:05 AM ET
GlobeNewswire· 2025-05-07 12:54
Core Viewpoint - Howard Hughes Holdings Inc. (HHH) is transforming into a diversified holding company following a $900 million investment from Pershing Square Holdco, L.P. [1][2] Group 1: Company Strategy - The new business strategy will focus on acquiring controlling stakes in high-quality, durable growth public and private operating companies [2] - A live Spaces session will be held to discuss this transformation and allow public engagement [2][3] Group 2: Financial Details - The investment from Pershing Square is valued at $900 million, which will support HHH's strategic shift [1] Group 3: Company Background - Howard Hughes Holdings Inc. owns and manages a diverse portfolio of commercial, residential, and mixed-use real estate across the U.S. [5] - The company is recognized for its master planned communities and development opportunities in various key locations [5]
INSPIRA ART100 System Approved by Israel's Largest Healthcare Provider for Use in Organ Transplant Patients
GlobeNewswire News Room· 2025-05-07 12:45
RA'ANANA, Israel, May 07, 2025 (GLOBE NEWSWIRE) -- Inspira™ Technologies OXY B.H.N. Ltd. (NASDAQ: IINN) ("Inspira" or the "Company"), a pioneer in innovative life-support and diagnostic technologies, today announced that the INSPIRA™ ART100 has been approved by Israel's largest healthcare provider to undergo a clinical validation by leading physicians who intend to use the innovative life-support and diagnostic device during organ transplant procedures. As part of this advancement, Inspira will deploy the ...
Navigator Gas Releases 2024 Sustainability Report
GlobeNewswire· 2025-05-07 12:45
LONDON, May 07, 2025 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces the publication of its 2024 Sustainability Report. The document, which is available on our website in the ‘Investors Centre’ section under ‘Financials’ then ‘Annual Reports’, provides a comprehensive overview of our continued commitment to sustainable operations. It details Navi ...
Enviro-Serv, Inc. (OTC: EVSV) Enters Strategic Joint Venture with Group CMR to Launch Multi-Project Construction Partnership
GlobeNewswire· 2025-05-07 12:45
TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- Enviro-Serv, Inc. (OTC: EVSV), a diversified North American holding company specializing in real estate development, rental management, and sustainable investments, is pleased to announce it has entered into a Joint Venture Agreement with Group CMR, a premier Quebec-based construction and project management firm. This strategic partnership signals Enviro-Serv’s expansion into Canada’s booming construction and infrastructure market. Under the terms of the joint ventu ...
Ultrack Systems Inc. (OTC: MJLB) Announces Better Pets U.S. Trademark Class Application for Full-Spectrum Pet Wellness Product Line
GlobeNewswire· 2025-05-07 12:45
CONCORD, Ontario, May 07, 2025 (GLOBE NEWSWIRE) -- Ultrack Systems Inc. (OTC: MJLB), an emerging diversified holding company, is pleased to announce that Better Pets, its recent strategic acquisition target under a signed Memorandum of Understanding (MOU), has officially filed a U.S. trademark class application for its expanding line of health-focused pet products. This marks a major milestone in Better Pets’ North American market strategy and supports Ultrack’s commitment to entering the high-growth pet we ...
PubMatic Unveils AI-Powered Media Buying Platform
GlobeNewswire· 2025-05-07 12:45
Buy-Side Technology Enables Transparent Media Buying Across Full Open Internet Inventory NO-HEADQUARTERS/REDWOOD CITY, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- PubMatic, a leader in digital advertising technology, today announced the launch of its upgraded solution suite for buyers, powered by generative AI. PubMatic’s buyer platform streamlines every stage of the media buying process – from audience and inventory discovery and forecasting to curation, activation, and performance optimization. It is ...