News Hub | News Direct

All Industries


Article thumbnail News Release

Benchmark International Successfully Facilitated the Transaction Between 3:13 Sales Group, LLC and Gladhaven Capital

Benchmark International

The seller, 3:13 Sales Group, LLC, specializes in providing outsourced business-to-business sales and account management solutions to companies in the Consumer-Packaged Goods (CPG) industry. With over 20 years of experience, they know what it takes to be a strategic, transparent partner – doing what’s right for you and your customers. “I wanted to personally thank you (Matthew Kekelis) and the entire Benchmark team for all of your assistance in brokering the sale of 3:13 Sales Group to Gladhaven Capital. I couldn’t have been more impressed with the professionalism, follow-through, and patience you and your staff showed me throughout the entire process. In particular, I’d like to commend Morgan Patterson for the countless emails, calls, and meetings it took to get this across the goal line. As you know, this was not an easy decision for me. We started this business 12 years ago, and I am proud of what has been built. I also wanted to find a buyer that would be the perfect fit to take this company to the next level and treat the associates, clients, and vendors with the same care and attention they’ve received for so many years. I believe Gladhaven Capital will do just that. I highly recommend Benchmark International to anyone looking to sell their business. You will not be disappointed. Thank you again for everything!” – Steve Fidlin, Owner, 3:13 Sales Group The Buyer, Gladhaven Capital, was founded by Jamie Gallagher with the mission to acquire and operate one business for the long term. Jamie has a broad professional background with 20+ years of experience across general management, B2C (CPG) and B2B marketing, corporate strategy, sales, and management consulting. “We couldn’t be more thrilled to have found the perfect match for our client, 3:13 Sales Group. There is no doubt that Jamie with Gladhaven Capital will build upon the success that Steve and his team have accomplished throughout the years. Best of luck to all.” – Matthew Kekelis, Senior Director, Benchmark International Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 17, 2024 06:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

HTX Unveils June Performance Report: Achievements Across Diverse Sectors, Highlighting a Forward-Thinking Approach

HTX

Recently, HTX released their June performance report, sharing their key achievements and milestones with users. June was a month of breakthroughs and harvests. The report updates both new and existing users on HTX's significant progress across various fronts, including operational data, ranking by external institutions, new asset listings, updates from HTX Ventures (the platform's investment arm), new product features, major platform events, user feedback collection, as well as security developments and market-related activities. Through this disclosure, HTX expressed gratitude to its users for their continued support and trust. HTX Rated AA, Ranks Fourth Among Top 10 Exchanges by Liquidity Furthermore, HTX's trading volume and scale continue to increase. Based on CoinGecko data for the last 30 days, HTX consistently ranks among the top 3 exchanges in terms of trading volume and scale. As of July 1st, the number of Bitcoins on the HTX platform reached 30,112 — an increase of 4,454 from the previous month, representing a growth rate of 17.36%. This growth underscores HTX's development momentum and boosts user confidence in its future. In June, HTX continued to bolster their position in blockchain investments by listing a variety of new assets. During the month, HTX introduced 13 new projects, with some noteworthy performers. The token MOTHER surged by an impressive 120%, while ATH skyrocketed by 100%. IO and ZRO also posted significant gains of 95% and 76%, respectively. Additionally, HTX also listed some popular cryptos like ZK, ZRO, and BLAST simultaneously, expanding trading options for the platform users. HTX Continues to Invest in Innovative Projects Externally and Optimize Product Features Internally In June, HTX Ventures announced investments in projects such as Avail and Nexgami. Additionally, they published three significant research reports: " Exploring Investment Opportunities Where AI Meets Crypto ", " BTCFi and CoreX: Pioneering the Future of Bitcoin DeFi ", and "What's Next for the Crypto Field Amid Increasing Venture Capital". HTX has made significant optimizations in product features. Recently, HTX launched an iceberg order feature supporting both spot and marginfutures trading. This feature automatically splits large orders into several smaller orders on the order book, reducing slippage and overall trading costs. The iceberg order conceals the majority of the order from the market, effectively protecting the user's trading strategy. This makes it easier for traders to execute large orders. In addition, HTX has also made a new upgrade to its copy trading product, launching Copy Trading Version 3.0. This new version introduces several new features, including a proportional copy-trading mode that allows setting a multiplier for precise trade following, as well as a slippage protection mechanism to ensure the safety and stability of every trade. HTX Hosts Many Exciting Events with Generous Rewards in June HTX was bustling in June with many exciting events. HTX launched its first Web3 Quiz, attracting tens of thousands of participants and awarding 2,000 pizza vouchers and over 4,000 USDT in prizes. The inaugural "Earn with Pending Orders" event saw an individual's highest cumulative reward of up to 1,271,487,424 $HTX within 24 hours of its launch. In June, HTX proactively engaged with users and HTX DAO committee memberstheir users and members, collecting hundreds of insightful suggestions. Many of these suggestions offered strategic ideas for HTX's ongoing development, such as refining the voting mechanism, cultivating a new ecosystem, continuing to empower $HTX, and introducing more popular assets for PrimePool, as well as high-quality projects for PrimeVote. HTX expresses sincere gratitude to all contributors and pledges to carefully review each suggestion. HTX is committed to fully integrating meaningful proposals into the platform's optimizations in July. HTX Prioritizes Security with Hassan Sanni Appointed Chief Safeguarding Officer and a 100% Reserve Ratio in June In June, Singaporean national goalkeeper Hassan Sunny officially became Chief Safeguarding Officer and spokesperson for HTX. HTX DAO's Asia tour was successfully carried out in multiple cities, engaging in offline collaborations with local top KOLs to discuss the future direction of HTX DAO's business operations. In June, HTX focused on the Vietnamese market, advancing its international expansion by participating in local industry conferences, co-hosting events with prominent media outlets, and establishing effective contacts and partnerships with more collaborators. HTX, as one of the world's leading exchanges, has always been committed to safeguarding user assets as its highest priority. HTX has been among the first exchanges to adopt "Merkle Tree Proof" to ensure transparency in their asset reserves and has made it routine to release audit reports. Now, HTX publishes itstheir security monthly reports every month and lets data tell the platform's concrete efforts in security. According to HTX's official website, HTX has updated the Merkle Tree proof of reserves data as of June 30, 2024, at 16:00:00 (UTC). HTX consistently maintains a reserve ratio exceeding 100%. The latest Merkle tree-based proof of reserves data is as follows: 100% for USDT (HTX wallet balance: 610,174,986), 100% for BTC (HTX wallet balance: 25,735), 101% for ETH (HTX wallet balance: 92,631), 105% for $HTX (HTX wallet balance: 360,938,524,569,165), and 105% for TRX (HTX wallet balance: 9,754,300,787). The data for USDT and ETH already includes stUSDT and stETH. It's worth noting that on July 11, the HTX app was reinstated on Apple'sthe Apple Store. Looking ahead, HTX remains committed to collaborating with everyone to shape a promising future for cryptocurrencies. May July mark another step towards a brighter tomorrow for HTX! About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 17, 2024 03:03 AM Eastern Daylight Time

Image
Article thumbnail News Release

Zoomex Receives Comprehensive Security Audit from Hacken

Zoomex

Zoomex, an innovator in the cryptocurrency exchange market since its inception in 2021, has announced the successful completion of its latest security audit conducted by the renowned cybersecurity firm, Hacken. The evaluation underscores Zoomex’s unwavering commitment to ensuring the highest levels of security, transparency, and user experience in the fast-evolving digital asset trading industry. Overview of the Security Audit The security assessment, documented under the "Pentest and Security Analysis Report for Zoomex," was led by Faizan Nehal and approved by Stephen Ajayi from Hacken. This thorough evaluation entailed penetrating testing and security analysis to ascertain the robustness of Zoomex’s platform, covering both the web application and API endpoints. Zoomex, recognized for its cutting-edge blockchain technology, continues to reinforce its reputation as a secure and reliable platform offering transparent digital asset trading services to millions of users worldwide. Audit Summary The audit identified seven vulnerabilities, classified by severity into critical, high, medium, and low categories. Here’s a summary of the findings: 1. Commitment to Security and Transparency The audit report underscores Zoomex's significant strides in security enhancement. The identification and resolution of these vulnerabilities demonstrate Zoomex's dedication to safeguarding user assets and providing a resilient trading environment. 2. Vulnerability Details The report detailed the various vulnerabilities as follows: Unauthorized Fund Transfer (F-2024-4042) [Critical]: A vulnerability allowing unauthorized users to transfer funds. Status: Fixed. Improper KYC Verification (F-2024-4028) [High]: Weaknesses in the Know Your Customer (KYC) process could potentially allow users to create accounts using stolen identities. Status: Accepted. Access Control Issue (F-2024-4019) [Medium]: This issue pertained to the ability to apply for the Zoomex VIP Club on behalf of other users. Status: Fixed. Bypass Email Code Verification (F-2024-3998) [Medium]: A vulnerability enabling bypassing 2FA email code verification when activating Two-Factor Authentication (2FA). Status: Accepted. Bypass 2FA Verification (F-2024-4004) [Medium]: A similar vulnerability that affects 2FA verification but occurs when changing phone numbers. Status: Accepted. Vulnerable JavaScript Dependency (F-2024-4043) [Low]: This low-risk vulnerability involves identifiable weak points in the JavaScript dependencies. Status: Accepted. Bypass Nickname Length Verification (F-2024-4009) [Info]: This issue was a less critical vulnerability that allowed users to bypass the length verification for nicknames. Status: Fixed. 3. Response and Resolutions Zoomex proactively took steps to rectify several of the highlighted vulnerabilities, marking critical steps towards bolstering security. Three of the vulnerabilities were resolved, demonstrating a diligent response process: Access Control Issue,Unauthorized Fund Transfer and Bypass Nickname Length Verification were fixed immediately. Critical vulnerabilities such as improper KYC verification, as well as the medium-risk 2FA bypass issues, are currently under an accepted resolution plan, indicating ongoing efforts to enhance platform security. 4. Transparency and Accountability Zoomex's engagement with Hacken for this audit highlights their commitment to transparency and accountability. By making the audit results public, Zoomex ensures that users and stakeholders remain informed about the measures being taken to protect their assets and personal information. This level of openness is crucial in building and maintaining user trust in the competitive and rapidly evolving cryptocurrency exchange market. In a statement, Zoomex’s leadership emphasized, “Our collaboration with Hacken has been instrumental in identifying and addressing potential vulnerabilities in our platform. We are committed to continually improving our security measures to provide our users with the safest and most reliable trading experience possible.” Future Plans and Security Enhancements With the preliminary report now published, Zoomex is set to implement further enhancements as part of its ongoing security roadmap. The continued partnership with Hacken will ensure that new and emerging threats are promptly identified and addressed. Future updates and security audits will be scheduled periodically to ensure sustained compliance with the best security standards and practices. Zoomex has also outlined plans to incorporate additional layers of security measures, including: Enhanced Monitoring Systems: Implementation of advanced monitoring tools to detect and respond to suspicious activities in real-time. User Education and Awareness: Launching educational campaigns to inform users about best practices in securing their accounts and transactions. Advanced Authentication Mechanisms: Strengthening two-factor and multi-factor authentication systems to further mitigate risks associated with unauthorized access. Final Thoughts The latest security audit by Hacken is a significant milestone for Zoomex, reaffirming its resolute commitment to security and transparency. As the cryptocurrency exchange industry advances, maintaining rigorous security standards is not just an option but an imperative necessity. Zoomex's proactive approach in addressing vulnerabilities and reinforcing its security infrastructure. Users can remain confident that Zoomex is dedicated to providing a secure, reliable, and transparent trading platform. Moving forward, Zoomex will continue to prioritize user safety and platform integrity, ensuring that it remains at the forefront of secure digital asset trading. By regularly engaging with top-tier cybersecurity firms like Hacken and adhering to stringent security protocols, Zoomex is well-positioned to navigate the complexities of the digital asset landscape. For more detailed information, users and interested parties can access the full security audit report and future updates on the Zoomex and Hacken websites. Contact Information Hacken: [hacken.io](https://hacken.io) Zoomex Official: https://www.zoomex.com X (Twitter): https://twitter.com/ZoomexOfficial Telegram: https://t.me/zoomex_com LinkedIn: https://www.linkedin.com/company/zoomex-com Contact Person: Ashley Levin Business Mail: business@zoomex.com Contact Details Ashley Levin business@zoomex.com Company Website https://www.zoomex.com/en/UEFA

July 16, 2024 11:31 PM Eastern Daylight Time

Image
Article thumbnail News Release

DB Schenker Showcases Thought Leadership in Import/Export Logistics Through New Video Series on the Port of Halifax

DB Schenker

DB Schenker, a global leader in logistics and supply chain management, is thrilled to announce the launch of an exclusive video series focused on the Port of Halifax. This series, designed for logistics experts and import/export professionals, highlights the Port of Halifax's strategic importance and innovative practices in global trade. The video series features insightful interviews with prominent figures, including: Marilisa Benigno, Honorary Consul of Italy, Atlantic Region Suzanne Rix, Honorary Consul of Germany for the Maritime Provinces Captain Allan Gray, President, and CEO of the Halifax Port Authority Jonathan Chia, Head of Commercial at PSA Halifax David Thomas, Executive Director at The PIER Key Highlights: Vision and Mission of the Port of Halifax: Capt. Gray elaborates on the Port of Halifax's mission to be Canada’s preferred gateway, emphasizing its global connectivity and economic impact. “Every day, we connect with markets in Central Canada, the U.S. Midwest and countries around the world,” said Capt. Gray. “These connections foster opportunities for business and support thousands of jobs today. Looking ahead, the port will continue to integrate innovation, sustainability and community into how we do business.” Economic Impact: The Port of Halifax is a significant economic driver. A recent study showed the port generates billions of dollars in economic activity annually, contributing $1.6 billion in labour income and supporting over 25,000 jobs in the region. Jonathan Chia discusses the port’s role in reducing logistics costs for inland Canada and its strategic positioning as a gateway port. Global Connectivity and Innovation: The port’s connection to more than 150 countries worldwide, along with substantial investments in mega cranes and digitalization, positions Halifax as a key player on the global stage. Sustainability and Community Engagement: The series delves into the port's collaborative efforts with the Port of Hamburg to accelerate decarbonization and sustainability initiatives. Capt. Gray will also highlight the port's commitment to community integration and sustainable growth through innovative projects and partnerships. Future Infrastructure Developments: Viewers will gain insights into the port's 50-year plan, which includes expanding rail capacity and optimizing existing infrastructure to meet future demand while focusing on sustainable growth. Strengthening Italy-Canada Relations: Marilisa Benigno, Honorary Consul of Italy, Atlantic Region shares the consulate’s efforts to strengthen ties between Italy and Canada through various initiatives, including visa facilitation, cultural events, and business collaborations. German-Canadian Collaboration: Suzanne Rix, Honorary Consul of Germany for the Maritime Provinces, discusses the burgeoning relationship between Germany and Halifax, particularly in the fields of hydrogen and wind energy. The collaboration between the Port of Hamburg and the Port of Halifax in seeking to decarbonize their respective route is a significant step towards sustainable trade practices. Innovation and the Living Lab: David Thomas, Executive Director at The PIER, explains the role of The PIER as Canada’s first living lab to help solve supply chain and logistics challenges. The PIER’s projects emphasize efficiency, resilience, transparency, and sustainability in supply chains​. Catch the full Interviews on DB Schenker’s LinkedIn: The complete series of interviews is available on DB Schenker’s LinkedIn page, offering valuable insights for professionals in the logistics and supply chain sectors. Follow the link to stay updated and engage with industry leaders: DB Schenker LinkedIn. About DB Schenker With around 76,600 employees at more than 1,850 locations in over 130 countries, DB Schenker is one of the world’s leading logistics service providers. The company operates land, air, and ocean transportation services, and it also offers comprehensive logistics and global supply chain management solutions from a single source. Aiming for a sustainable future of the logistics industry, DB Schenker continuously invests in innovative transport solutions, renewable energies, and low-emission products for its customers. Contact Details Nicholas Leighton +1 949-478-5880 nick.leighton@nettresultsLLC.com Company Website https://www.dbschenker.com/usa

July 16, 2024 11:55 AM Eastern Daylight Time

Article thumbnail News Release

Medicus Pharma CEO Dr. Raza Bokhari Announces Updated Phase 2 Clinical Protocol Submission to FDA

Medicus Pharma

Dr. Raza Bokhari, Executive Chairman and CEO of Medicus Pharma joined Steve Darling from Proactive to announce the submission of a comprehensive and updated Phase 2 Investigational New Drug clinical protocol to the United States Food and Drug Administration (FDA). This protocol aims to non-invasively treat basal cell carcinoma of the skin using micro-needle arrays containing doxorubicin, developed by Medicus Pharma’s wholly owned portfolio company, Skinject, Inc. The submission features significant updates to the clinical protocol, including enhancements to the supporting Chemistry, Manufacturing, and Controls (CMC), along with detailed stability and sterility information. Furthermore, it addresses the clinical non-hold comments previously received from the FDA, ensuring a robust and thorough response to regulatory feedback. Dr. Bokhari shared with Proactive that the revised Phase 2 clinical protocol incorporates innovative elements such as artificial intelligence and confocal microscopy as supplementary endpoints at one of the clinical sites. These advanced technologies are expected to provide deeper insights and improved accuracy in the clinical outcomes. Medicus Pharma believes that this updated protocol is well-positioned to receive FDA approval, paving the way for the commencement of participant randomization potentially before the end of this quarter. This milestone underscores the company’s commitment to advancing innovative treatments for skin cancer and improving patient outcomes through cutting-edge technology and rigorous clinical research. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

July 16, 2024 11:51 AM Eastern Daylight Time

Video
Article thumbnail News Release

Standard Fleet and UP.FIT Partner to Modernize Government Electric Vehicle Fleet Management

Standard Fleet

Standard Fleet, an electric vehicle management technology developer, and UP.FIT, an Unplugged Performance company focused on the upfitting of Tesla electric vehicles for fleet use, today announced a collaborative initiative designed to enhance government electric vehicle (EV) fleet management. This effort brings together UP.FIT’s industry-leading expertise in customizing Teslas for specialty use with Standard Fleet's sophisticated fleet management software, aims to improve operational efficiency and support the environmental goals of government fleets including those managed by emergency responders and law enforcement. “Our collaboration with UP.FIT aims to equip police departments with the tools they need for a smoother, more cost-effective fleet management experience,” said David Hodge, Founder and CEO of Standard Fleet. “Integrating our software with UP.FIT’s customized Tesla vehicles means we can offer a system that improves operational efficiency while supporting environmental goals.” "Our mission at UP.FIT is to simplify the adoption of electric fleets for first responders and fleet operators globally,” said James Hedland, Fleet Director at UP.FIT. “Standard Fleet software gives operators complete control of the access, charging, maintenance, and dispatching of their up-fitted EVs. Together we’re providing police departments and other city and county fleet operators with an electric vehicle management system proven to enhance performance and operational efficiency." The partnership addresses a growing need for cost-effective and responsible deployment of EV fleets in public service by merging the expertise and capabilities of UP.FIT and Standard Fleet. This initiative is poised to redefine fleet management for government entities, enhancing both vehicle functionality and operational oversight. Key Benefits of the Partnership: Improved Operational Efficiency: Standard Fleet’s software streamlines the management of charging, maintenance, and daily operations of EVs, reducing both time and costs for fleet managers. Tailored Vehicle Customizations: UP.FIT modifies Tesla vehicles to meet the specific needs of police and public safety operations, enhancing their reliability and suitability for work in the communities they serve. Environmental Impact: The shift towards EVs helps reduce emissions and air pollution, and aligns with local, state, and federal environmental objectives. Sergeant Tony Abdalla from the South Pasadena Police Department, a client benefiting from this partnership, stated, “Adopting electric vehicles for police work presents a unique set of challenges along with opportunities to better serve our community with a cleaner, more reliable, and higher performance police fleet at lower costs over the long term. Standard Fleet technology gives us mobile access to all of our EVs to enhance our operations from dispatch, charging, maintenance, and analytics, to keyless access for officers coming on- and off-duty. Combining Standard Fleet software with the hardware and digital technology upgrades installed by UP.FIT puts our fleet at the forefront of sustainability and performance.” This initiative underscores the potential of technology to improve public sector operations and promotes the adoption of sustainable practices in fleet management. As police departments and other city and county fleet operators increasingly turn to electric vehicles, Standard Fleet and UP.FIT provides scalable, impactful, and effective solutions for the challenges of modern fleet operations. To learn more about this strategic collaboration, please visit here. Useful Links: Learn More: www.standardfleet.com About UP.FIT: https://up.fit/ Follow us: Blog | X | Instagram | LinkedIn Sales and Partnership Inquiries: Please email Standard Fleet at contact@standardfleet.com. About Standard Fleet: Founded in 2021 and based in San Francisco, Standard Fleet envisions a future where electric vehicle (EV) fleets are at the forefront of sustainable transportation, supporting a more environmentally friendly approach to urban mobility. The company’s software simplifies the management of electric vehicle fleets by enhancing operational efficiency and facilitating the transition to sustainable transportation. For more information, please visit www.standardfleet.com. About UP.FIT: Based in Hawthorne, CA, UP.FIT, an Unplugged Performance company, is the global leader in upfitting Teslas for fleet use. Launched in response to the growing need for advanced, sustainable fleet solutions, UP.FIT collaborates with industry leaders to engineer high-level components, turnkey vehicles, training, and innovative management tools. The UP.FIT mission is to provide first responders with the most innovative, safe and reliable equipment possible, all while driving to a cleaner tomorrow. Contact Details ANW Networks for Standard Fleet Alicia V. Nieva-Woodgate +1 720-808-0086 alicia@anwnetworks.com Company Website https://www.standardfleet.com/

July 16, 2024 11:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

Nextech3D.ai Welcomes Mady Wynsma as New Head of Global Sales

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg and new Head of Sales Mady Wynsma joined Steve Darling from Proactive to share the exciting news. Wynsma brings a wealth of experience to her new role, having worked with e-commerce giants like Walmart and Kohls. Gappelberg highlighted Wynsma's deep understanding of e-commerce and her extensive experience in building efficient, scalable, and profitable sales teams. He expressed confidence that her expertise will significantly contribute to Nextech3D.ai's growth during this pivotal time for both the company and the 3D/AI industry. Wynsma expressed her enthusiasm for joining Nextech3D.ai, emphasizing her excitement about the opportunities ahead in the rapidly evolving 3D/AI sector. She is eager to leverage her skills and experience to drive Nextech3D.ai's growth and success in this dynamic industry. Nextech3D.ai is looking forward to the innovative strategies and leadership Wynsma will bring to the team, positioning the company for continued advancement and expansion in the 3D and AI markets. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

July 16, 2024 11:15 AM Eastern Daylight Time

Video
Article thumbnail News Release

NIA Appoints Carlos Ballesteros as Chief Financial Officer (CFO) and Treasurer

Nonprofits Insurance Alliance

Nonprofits Insurance Alliance (NIA), the nation’s leading insurer exclusively focused on the 501(c)(3) nonprofit sector, announced today that it has named Carlos Ballesteros as Chief Financial Officer (CFO) and Treasurer. Pamela Davis, NIA Founder, President, and CEO, expressed enthusiastically that, “Carlos has the perfect blend of tactical and strategic experience and skills to provide the financial leadership our growing organizations need. We conducted an extensive search to find someone with his particular qualities and are delighted he has chosen to apply his many talents to the nonprofit sector.” Mr. Ballesteros is a Certified Public Accountant and accomplished executive, with a proven track record of nearly 20 years of technical, operational, and strategic finance experience. Prior to joining the NIA Senior Leadership team, Mr. Ballesteros spent 10 years at Green Dot Corporation in many finance roles that culminated as the Vice President of Finance, where he led the financial planning and analysis team and spearheaded numerous company initiatives. Before leading finance organizations, Mr. Ballesteros spent nine years at Ernst & Young LLP in the audit practice, where he led local and multinational teams as a Senior Manager primarily within the real estate, hospitality, and construction sectors. “I am thrilled to join the Senior Leadership team at Nonprofits Insurance Alliance,” said Mr. Ballesteros. “It’s an honor to join a company with a mission of serving nonprofits, impacting the communities in which they operate. The tremendous growth the company has recently experienced is exciting and I am eager to leverage my finance expertise to drive strategic initiatives that position the company for continued success.” About NIA Nonprofits Insurance Alliance (NIA) is the nation’s leading liability and property insurer exclusively serving nonprofit organizations. Founded in 1989 in Santa Cruz, CA, NIA is a social enterprise focused on the long-term sustainability and management of risk in the nonprofit sector. NIA has one of the best customer retention rates in the industry. NIA members enjoy fair and equitable insurance pricing, specialized insurance coverages, dividends, and innovative risk management and member resources. The NIA group brand is comprised of Alliance Member Services (AMS) and three insurers rated A (Excellent) by AM Best: • Nonprofits Insurance Alliance of California (NIAC) • Alliance of Nonprofits for Insurance, RRG (ANI) • National Alliance of Nonprofits for Insurance (NANI) All organizations under the NIA brand are 501(c)(3) nonprofits. Learn more about Nonprofits Insurance Alliance at insurancefornonprofits.org Contact Details NIA Marketing & Communications editor@insurancefornonprofits.org Company Website https://insurancefornonprofits.org

July 16, 2024 08:00 AM Pacific Daylight Time

Article thumbnail News Release

University Compounding Pharmacy Announces Rebrand to MediVera Compounding Pharmacy™

MediVera

University Compounding Pharmacy, a leader in personalized medicine since 1999, today announced it is rebranding as MediVera Compounding Pharmacy™. The rebrand comes at a time when the company is growing strongly due to the introduction of new product offerings, nationwide expansion, and the successful differentiation of its quality products and services. Despite the name change, the company’s ownership and passionate team remain the same, ensuring continuity in the high-level service and exceptional care that healthcare providers and patients have relied on for more than two decades. Over the past few years, the company has seen its revenue grow substantially. New product offerings, nationwide expansion, and strong market positioning through differentiated quality products and services, such as the Impressed Advantage program, have enabled the company to double its revenue from 2022 to 2023. Growth is anticipated to accelerate this year, with the company expecting to double revenue year-over-year once again. “Differentiation is and will continue to be an important growth driver for our company. With the Impressed Advantage customer service program, we are making the prescription process easier, faster, and more convenient for both doctors and their patients,” said Bradley McCloskey, PharmD, CEO. “As we continue to launch more product offerings and expand into more states within the next few months, 2024 is poised to become a year of strong growth as we expand our footprint into 14 additional states.” For more information about MediVera Compounding Pharmacy and its services, please visit mediverarx.com or contact Laurie Malseed, Marketing Specialist, at laurie@mediverarx.com or 937-242-0430. About MediVera Since its inception in 1999, MediVera Compounding Pharmacy™ (formerly University Compounding Pharmacy) has been dedicated to providing personalized medicine. With a focus on quality and innovation, MediVera Compounding Pharmacy™ continues to set industry standards, offering tailored solutions to meet the unique needs of healthcare providers and patients. MediVera Compounding Pharmacy™ is currently licensed in and ships to the following 33 states: AZ, CN, CO, DE, FL, GA, IA, ID, IL, IN, KY, MA, MD, ME, MI, MN, MO, MT, NC, NH, NJ, NY, OH, PA, RI, SC, SD, TN, VA, VT, WA, WI, WY. Contact Details MediVera Compounding Pharmacy Laurie Malseed +1 937-242-0430 laurie@mediverarx.com

July 16, 2024 09:00 AM Eastern Daylight Time

1 ... 7778798081 ... 3731