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Synchronoss Personal Cloud Solution Selected for Integration into Allstate Protection Plans Consumer Device Protection Offering

Ability to safeguard both devices and content grows customer loyalty and fortifies customer relationships

BRIDGEWATER, N.J., March 30, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, today announced that Allstate Protection Plans has selected the Synchronoss Personal Cloud solution for integration into select device protection plan offerings. The addition of personal cloud will give global customers the ability to back up and manage their valuable digital assets "" contacts, photos, videos, music, documents, messages and more "" from any protected Android or iOS device.

Jeff Miller, President and CEO of Synchronoss, said he is delighted that the two organizations will be working together. "Mobile devices serve as repositories for our most personal data and important documents, and having the ability to safely and easily back up and secure this content is increasingly important to customers," he said. "We look forward to collaborating with Allstate Protection Plans to help it take advantage of all that the Synchronoss Personal Cloud solution can bring to the table, including the flexibility to quickly add other value–added services."

In addition to automatically backing up content based on subscriber preference, the Synchronoss–powered personal cloud gives device protection plan customers several ways to easily organize and interact with their content, including:

  • Flashbacks, highlights and instant slideshows that present content in compelling and engaging formats
  • Photo editing and sharing features that allow users to enhance and share memories with friends and family

Allstate Protection Plans are purchased by customers from a wide range of channels, including major retailers, global operators and directly from the company.

Karl Wiley, President and CEO of Allstate Protections Plans, said adding personal cloud into its device protection bundles gives the company the capacity to protect the entire customer relationship "" from devices to content "" and will help increase customer satisfaction and build brand loyalty. "As one of the leading protectors of mobile phones, laptops, tablets and other consumer electronics, we understand the critical role these devices maintain in our day–to–day lives. Adding the feature–rich capabilities of the Synchronoss Personal Cloud to select personal protection offerings means we are now able to safeguard a customer's total mobile ecosystem. This enhanced capability means a more comprehensive relationship with our customers." he said.

Synchronoss' personal cloud solutions have been adopted by mobile operators and other companies across the globe to deliver a high level of value to their customers and to drive new revenue. To learn more about Synchronoss cloud solutions, visit synchronoss.com/solutions/cloud.

About Synchronoss
Synchronoss transforms the way companies create new revenue, reduce costs and delight their subscribers with cloud, messaging and digital solutions, supporting hundreds of millions of subscribers across the globe. Synchronoss' secure, scalable and groundbreaking new technologies, trusted partnerships, and talented people change the way TMT customers grow their businesses. For more information, visit us at www.synchronoss.com.

About Allstate Protection Plans
Allstate Protection Plans, serviced by SquareTrade, an Allstate company, is a highly rated protection plan provider trusted by millions of customers for its fast and efficient service. Allstate Protection Plans are available for mobile devices, electronics, appliances, furniture, and other consumer products at major retailers and carriers internationally.

Media Contacts

For Synchronoss: Diane Rose, CCgroup, T: +1 727.238.7567 E: synchronoss@ccgrouppr.com
For Allstate Protection Plans: Ian Twinn, Tandem Marketing Communications, T: +1 917. 306. 7270 E: iantwinn@tandemcomms.com

Investor Contact
For Synchronoss: Todd Kehrli/Joo–Hun Kim, MKR Investor Relations, Inc., E: investor@synchronoss.com


GLOBENEWSWIRE (Distribution ID 8208437)

Bombardier Marks 50th Global 7500 Aircraft Delivery Milestone

  • Global 7500 aircraft receiving positive market response for its unparalleled performance, innovative technology, unique cabin design and the smoothest ride
  • Global 7500 aircraft deliveries reaching steady run–rate as the company continues to swiftly progress through the program's learning curve
  • Global 7500 in–service fleet demonstrating outstanding dispatch reliability rate of 99,7%
  • Global 7500 aircraft is the first business jet to have a third–party verified Environmental Product Declaration (EPD)

MONTREAL, March 29, 2021 (GLOBE NEWSWIRE) — Bombardier announced today that it delivered the 50th Global 7500 aircraft. The milestone delivery was achieved as production of the industry flagship continues to mature, and as the aircraft's in–service performance continues to deliver very high levels of reliability.

The 50th delivery of the Global 7500 business jet follows a successful 2020, where Bombardier delivered 35 of these aircraft, including a record 16 deliveries in Q4. Bombardier continues to receive strong interest for the Global 7500 business jet and order activity is robust worldwide.

"The Global 7500 aircraft is unrivalled in the market," said ric Martel, President and Chief Executive Officer, Bombardier. "It provides an unmatched combination of speed, range, comfort and reliability, making it both the industry flagship and a key driver of our growth strategy. As we mark this delivery milestone, I want to recognize and thank the many talented employees who supported the development and launch of this aircraft, as well as those currently working on the program and supporting our customers in the field. The world–class calibre of workmanship and technology found in each aircraft continues to drive strong market demand and industry–wide recognition."

Since its entry–into–service at the end of 2018, the Global 7500 business jet has demonstrated an outstanding dispatch reliability rate of 99.7% in–service and has proven to be the highest–performing aircraft in the industry by completing various key speed records and challenging flights, including the longest city–pair flown by a purpose–built business aircraft, connecting Sydney and Detroit non–stop. In its inaugural year of service, the aircraft received multiple accolades including the 2019 Aviation Week Grand Laureate Award, the 2019 Robb Report Best of the Best Business Jet of the Year Award and the 2018 Red Dot Award for Product Design.

Thanks to visionary design and superior performance, the Global 7500 aircraft is the industry flagship, redefining the business aircraft experience. With four distinct living spaces plus a dedicated crew rest area, it is unique among business jets in spaciousness, comfort, highly personalized design flexibility and patented cabin innovations.

The advanced wing on the Global 7500 aircraft was conceived to optimize speed, range and control, and ensure an exceptionally smooth ride. The aircraft's leading–edge wing design offers steep approach capability and short–field performance, while redefining flight comfort and wellness in business aviation. With its impressive and unsurpassed long–range capability of 7,700 nautical miles (14, 260 km) at M 0.85, it can fly eight passengers non–stop from New York to Hong Kong, and Singapore to San Francisco.*

Among its many distinctions, the Global 7500 aircraft is also the first business jet to have an Environmental Product Declaration (EPD), which provides detailed information about the aircraft's life cycle environmental footprint. The Global 7500 aircraft is the first business jet conceived with this approach and reflects Bombardier's commitment to its overarching environmental sustainability strategy.

About Bombardier
Bombardier is a global leader in aviation, creating innovative and game–changing planes. Our products and services provide world–class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montral, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of approximately 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

News and information is available at bombardier.com or follow us on Twitter @Bombardier.

Notes to Editors
To receive our press releases, please visit the RSS Feed section.

Bombardier, Global and Global 7500 are either unregistered or registered trademarks of Bombardier Inc. or its subsidiaries.

*Under certain operating conditions.

For Information
Marie–Andre Charron
Bombardier
marie–andree.charron@aero.bombardier.com
+1–514–855–5001 ext. 26493


GLOBENEWSWIRE (Distribution ID 8207858)

Ecoslops: A first “Scarabox” unit installed soon in Cameroon to revalue used lube oil and oily waste into new fuels locally

Paris, March 25th, 2021

Ecoslops is pleased to announce the signature of a first sales contract for its "Scarabox ", a containerized unit for upcycling used lube oil and oil residues.

Following the signature of a letter of intent on June 24th, 2020, this contract was signed with the Cameroonian company Valtech Energy, which belongs to the SCIN group (with over 400 employees in the construction, transport, and environment sectors) and headed by Ismal NJoya, an established Cameroonian entrepreneur. In 2020, Valtech Energy successfully opened a MARPOL maritime oil waste reception facility in the Kribi port area, Cameroon's new deep–water port inaugurated in 2019. Valtech Energy sees the opportunity to improve its waste treatment capacity and intensify its production of energy products, thanks to Ecoslops' circular economy solution, as a logical development.

The contract comprises turnkey equipment and an operating license provided with eight years of technical support by Ecoslops.

Delivery of the unit is anticipated in October 2021, with a start before the end of the year. This is subject to setting up financing arrangements with the SCIN group's long–standing banks, which have shown a keen interest in the project.

Cameroon generates some 70,000 tons of used oils per year (trucks, buses, automobiles, etc.) and imports fossil energy products, particularly fuel oil for its industrial activity. This unit will provide a genuine outlet for hazardous and polluting waste, while also supplying manufacturers with energy products (same quality as those imported, but this time made in Cameroon). With production capacity nearing 7,000 tons per year – 10% of the market – other subsequent developments in this same market can be envisaged.

With the effective launch of this new activity as a provider of circular solutions (sale of equipment with a multi–annual license), Ecoslops stands by its mission: "to contribute to the energy transition and to preserve the environment through innovations that help to preserve natural resources and avoid pollution".

The Scarabox is set to expand rapidly in a potential global market of several hundred units – gathering particular momentum from 2022 on – and become a key activity of the Ecoslops group, alongside the building and operation of its own micro–refineries. This new containerized solution draws on the experience acquired by the company and its teams at the Sines site in Portugal, where it has treated over 100,000 tons of oil residues since 2015.

Vincent Favier, Chairman and CEO of Ecoslops, states: "We are delighted to see the development of this new technology become a reality, the initial benefit being to reduce uncontrolled used lube oil pollution in numerous countries. We are now seeing a great amount of interest in the Scarabox and are set to send out more of these units around the world. The first unit, acquired by Valtech Energy and installed in Cameroon, will serve as a showcase to the world and give a strong boost to this new activity, in tandem with the micro–refineries we develop ourselves. We are looking forward to convert the letters of intent that are signed into actual projects, and our prospect portfolio as well. The aim is to gradually reach a cruising speed of five to ten units installed per year within five years. Finally, we are also focusing our attention on industrialization of the Scarabox . We intend to pursue and intensify our efforts to keep construction in France by maximizing the local content in order to maintain a high level of reactivity and superlative quality in terms of performance."

ABOUT ECOSLOPS
Ecoslops is listed on Euronext Growth in Paris
Code ISIN : FR0011490648 – Ticker : ALESA / PEA–PME eligible
Investor Relations : info.esa@ecoslops.com – 01 83 64 47 43
Ecoslops brings oil into circular economy thanks to an innovative technology allowing the company to upgrade oil residues into new fuels and light bitumen. The solution proposed by Ecoslops is based on a unique micro–refining industrial process that transforms these residues into commercial products that meet international standards. Ecoslops offers an economic and more ecological solution to port infrastructure, waste collectors and ship–owners through its processing plants.
www.ecoslops.com

Attachment


GLOBENEWSWIRE (Distribution ID 1000474914)

Stibo DX partners with Sophi.io, strengthening automation on CUE Publishing Platform

TORONTO, March 25, 2021 (GLOBE NEWSWIRE) — Stibo DX and Sophi.io are partnering to integrate Sophi, The Globe and Mail's automation, prediction and optimization tools, into Stibo DX's publishing platform, CUE. Sophi will be a native extension in CUE's user interface.

"As an open and extensible publishing platform, CUE is meant to be integrated with best–of–breed tools. The Sophi AI engine from Stibo DX's long–time customer The Globe and Mail is exactly that. Sophi will enable CUE users to make smarter content decisions based on real–time data and insights," says Mark van de Kamp, Chief Innovation Officer of Stibo DX.

Sophi.io is a suite of AI solutions, including Sophi Automation, which autonomously curates content to optimize webpages, and Sophi Analytics, which provides decision–making support to newsrooms and content publishers. The Sophi team develops a custom Sophi Score in conjunction with every client to ensure that each piece of content properly reflects the value it contributes to the customer's desired business outcomes, such as increasing conversions, loyalty and engagement. All these capabilities will soon be available to Stibo DX's global customer base as seamless, add–on extensions.

"As a publisher with years of experience working with Stibo DX, The Globe and Mail understands the needs of both Stibo DX and its customers," said Phillip Crawley, Publisher and CEO of The Globe and Mail. "This new partnership between Stibo DX and Sophi builds on that understanding and offers easy to use, cutting–edge automation and predictive analytics to CUE's many customers around the world, from media organizations to content–focused brands."

"The Globe and Mail has been a valued Stibo DX customer for over two decades. This new dimension of our partnership builds on a solid foundation," said Mr. van de Kamp. In 2017, The Globe hosted Stibo DX's user conference at their headquarters in Toronto, Canada.

"The Globe and Mail's involvement with the CUE community has always been immensely appreciated. We are very proud to continue the partnership and strengthen the CUE platform with this game–changing technology," Mr. van de Kamp said.

About Stibo DX
Stibo DX (https://www.stibodx.com/) is the company behind the CUE CMS and DAM solutions for media companies and brand publishers around the world. Since 1979, Stibo DX has been a leading technology partner for some of the world's biggest media companies, including The New York Times, Gannett, Axel Springer, Times of India, and The Economist.

About Sophi.io
Sophi.io (https://www.sophi.io) was developed by The Globe and Mail to help content publishers make important strategic and tactical decisions. It is a suite of AI–powered tools that includes Sophi Automation and Sophi for Paywalls as well as Sophi Analytics, a decision–support system for content publishers. Sophi is designed to improve the metrics that matter most to your business, such as subscriber retention and acquisition, engagement, recency, frequency and volume.


GLOBENEWSWIRE (Distribution ID 8206574)

FXCM Group Reports Monthly Stock Baskets Figures

JOHANNESBURG, South Africa, March 25, 2021 (GLOBE NEWSWIRE) — FXCM Group, LLC ("FXCM Group' or "FXCM'), the leading international provider of online foreign exchange trading, CFD trading and related services, is today releasing the volume increases for the month of February in its proprietary stock basket product line.

FXCM's stock basket products combine the shares of multiple companies from one sector into a single tradeable instrument. This allows customers to speculate on sectors as a whole instead of having to select a single company. The company currently boosts a portfolio of thirteen stock baskets.

For the 1st time since August 2020 FAANG was not the most popular traded stock basket at FXCM, as the February rise and fall of the Cannabis sector, caught the attention of FXCM traders. While Cannabis finished the month with only a modest 5% gain, at one stage mid–month the price had exceeded $6000 from its starting point of $3998.

On the back of a difficult 2020, the Travel & Hospitality, Airlines and Casino sectors saw the biggest trading gains in a month that saw total FXCM basket volume rise by approximately 13% from January.

The list of companies and weightings is available on FXCM's stock basket website (https://www.fxcm.com/za/stock–baskets/)

Volume
Rank		 Sector Symbol Feb Price Change1 Monthly Change in
FXCM Volume2
1 Cannabis CANNABIS 4.97% 400%
2 Chinese Tech CHN.TECH 9.76% 93%
3 Big US Tech FAANG –0.93% –58%
4 Chinese E–Commerce CHN.ECOMM 3.51% 3%
5 Airlines AIRLINES 28.15% 63%
6 Biotech BIOTECH –2.84% –71%
7 Casinos CASINOS 27.96% 254%
8 US–Ecommerce US.ECOMM 5.00% –11%
9 Esports & Gaming ESPORTS 2.58% –44%
10 Travel and Hospitality TRAVEL 34.20% 25%
11 US Banks US.BANKS 16.39% –6%
12 Work From Home WFH –3.76% 217%
13 US Automotive US.AUTO –3.73% 125%

Past Performance is not an indicator of future results.
1 Price change figures are calculated using FXCM's opening bid price from 1 February 2021 and the closing price from 26 January 2021.
2 Percent change month–over–month (January 2021 vs February 2021) is derived from FXCM client volume data.

About FXCM:

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one–click order execution and trading from real–time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.

Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. The products are intended for retail, professional and eligible counterparty clients. Retail clients who maintain account(s) with Forex Capital Markets Limited (“FXCM LTD”), could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds but professional clients and eligible counterparty clients could sustain losses in excess of deposits. Prior to trading any products offered by Forex Capital Markets Limited, inclusive of all EU branches, FXCM Australia Pty. Limited, FXCM South Africa (PTY) Ltd, any affiliates of aforementioned firms, or other firms within the FXCM group of companies [collectively the “FXCM Group”], carefully consider your financial situation and experience level. If you decide to trade products offered by FXCM Australia Pty. Limited ("FXCM AU") (AFSL 309763), you must read and understand the Financial Services Guide, Product Disclosure Statement, and Terms of Business. Our FX and CFD prices are set by us, are not made on an Exchange and are not governed under the Financial Advisory and Intermediary Services Act. The FXCM Group may provide general commentary, which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. The FXCM Group assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on the FXCM Group's websites prior to taking further action.

Read full disclaimer

Media contact:

Chatsworth Communications
+44 (0) 20 7440 9780
fxcm@chatsworthcommunications.com


GLOBENEWSWIRE (Distribution ID 8206527)

Sea Electric Strikes Deal to Purchase 1,000 Electric Commercial Vehicle Battery Sets From Soundon New Energy Technology Co.

LOS ANGELES, March 25, 2021 (GLOBE NEWSWIRE) — Global automotive technology company SEA Electric, along with its proprietary SEA–Drive technology "" the secret sauce behind the company's leadership within the electrification of commercial vehicles "" has expanded its global reach through the purchase of 1,000 electric vehicle batteries from long–time technology partner Soundon New Energy Technology Co. The newly formed arrangement immediately follows SEA Electric's recently announced US$42 million in equity financing news. (Full background and photos: https://www.dropbox.com/sh/dulvd9izcotdfsm/AACe1q0VJpjuGHNfaWgbFPBpa?dl=0)

Soundon, SEA Electric's sole battery provider since 2012, developed seven SEA–Drive battery solutions during the two companies' shared journey in the electric commercial vehicle space. Through this new relationship SEA Electric is realizing the cost benefits of Soundon's battery and power electronics technical expertise, as well as their production efficiencies. As a result, battery production is underway with fulfillment completion expected sometime in Q2 2021. The deal also allows SEA Electric to realize a significant 36 percent reduction in kilowatt hour (kWh) unit cost.

According to Tony Fairweather, SEA Electric president and founder, Soundon is not only a world–class leader in innovation and battery technology, but highly regarded for its product quality, on time delivery, and competitive pricing. "Our long–term relationship with Soundon has been a very successful commercial journey and we anticipate continuing to share our global successes along the way." While the majority of the initial 1,000 battery units are slated for the United States, the balance will go to SEA Electric inventories in Australia, New Zealand and Southeast Asia, along with the company's first entry into the European market.

SEA Electric's exclusive and proprietary technology fits hundreds of OEM platforms with this large order shared cross three major power–system models:

  • SEA–Drive 70 "" contains 88 kilowatt hours (kWh)
  • SEA–Drive 100 "" contains 101 kilowatt hours (kWh)
  • SEA–Drive 120 "" contains 138 kilowatt hours (kWh)

Soundon's world–class manufacturing operations are located on an eight square–mile footprint within the Hunan Province in China, and utilize a combination of robotics, high intelligence, high digitalization, and high automation to integrate a comprehensive smart–factory solution. From strict production and environmental management to quality assurance, the facility is first rate and is a leader in the new energy industry.

Wu Peng, Vice President of Sales and Marketing for Soundon commented that "this is a significant milestone in our partnership with SEA Electric. Receiving this 1,000–unit order not only facilitates SEA Electric's substantial global growth, but it also positions Soundon as a leader in the export market for commercial electric vehicles. It's a winning proposition for all."

Following substantial growth in new markets, SEA Electric recently announced it has closed initial private placement equity financing for total gross proceeds of approximately US$42 million. The net proceeds from the investment will allow SEA Electric to solidify its position as a market leader in the electrification of commercial vehicles whilst funding its considerable backlog and facilitating more pilot programs with operators.

With global headquarters and key leadership in Los Angeles, SEA Electric currently has operations in five countries and more than one million miles of independent Original Equipment Manufacturer (OEM) testing and in–service operation in all markets.

SEA Electric currently partners with commercial vehicle OEMs, dealers, operators and upfitters to deliver a new range of zero–emissions trucks and is on schedule to deliver more than 1,000 electric commercial vehicles this year. The company forecast is to have more than 15,000 vehicles on the road by the end of 2023.

About SEA Electric

Global automotive technology company SEA Electric was founded in Australia in 2012, creating its proprietary electric power–system technology (known as SEA–Drive ) for the world's urban delivery and distribution fleets.

Widely recognized as a market leader in the electrification of commercial vehicles on a global basis, SEA Electric commands a global presence, deploying product in seven countries including USA, Canada, Australia, New Zealand, Thailand, Indonesia and South Africa with collectively more than one million miles of independently OEM–tested and in–service international operation.

The company's global sales, after–sales and engineering are represented in all subsidiaries, whilst North America has the largest upfitting capacity for SEA Electric at more than 30,000 units per annum.

About Soundon New Energy Technology Co.

Soundon New Energy Technology Co., Ltd. is majority owned by Sound Group, China's leading environmental protection industry enterprise. Soundon is a comprehensive service provider specializing in lithium battery energy research and development and integrated solutions. Located in Xiangtan, Hunan, China, Soundon New Energy is committed to the research and production of lithium battery energy and power–system solutions.

Contact: Deb Pollack/Strategic Communications
(t) 805.320.9248 (e) deb@debpollack.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/acb07b92–7f95–4d0d–b452–e83784b8e1f2

https://www.globenewswire.com/NewsRoom/AttachmentNg/156f694e–1090–48df–ad48–4122d3550912


GLOBENEWSWIRE (Distribution ID 8206309)

UPDATE — Zapata Computing and KAUST Partner to Bring Quantum Computing to the Middle East for the Advancement of Computational Fluid Dynamics

BOSTON, March 23, 2021 (GLOBE NEWSWIRE) — Zapata Computing, Inc., the leading enterprise software company for NISQ–based quantum applications, today announced a new partnership with Middle East–based King Abdullah University of Science and Technology (KAUST) to be a licensed user of Zapata's Orquestra , the modular, workflow–based platform for applied quantum computing. KAUST is examining various lines of research to determine how quantum technologies could represent an advantage over classical compute tools in a variety of Computational Fluid Dynamics (CFD) use cases for airplane and automobile aerodynamic design.

Currently, CFD computations are extremely time–consuming and expensive to run. The simulation process is inefficient, and a lot of time is wasted trying to model air flow around wings and engines more efficiently. Boosting work around those designs could allow manufacturers to build more energy–efficient airplanes and lead to lowered carbon emissions for air travel "" therefore, having an enormous positive impact on the environment. Airplane transportation is overall responsible for 2% of greenhouse gas emissions. For airlines and plane manufacturers this could drive meaningful financial and environmental results "" all supported by new quantum technology.

Home to the KAUST Research and Technology Park (KRTP) where R&D centers, corporates and start–ups choose to locate themselves, the university has a track record of collaborating with industry partners at national and international levels to transfer research–based technology into the market to achieve public benefit.

"We are delighted to be the catalyst for bringing quantum capabilities to CFD research in the Kingdom of Saudi Arabia and to the Middle East," said Kevin Cullen, vice president of Innovation and Economic Development at KAUST. "This partnership establishes Zapata as one of the first quantum computing companies active in the region and will enable KAUST researchers to explore the future of aerospace fluid dynamics. KAUST is a leader in the areas of data analysis and AI and we welcome the addition of Zapata's Orquestra technology to our capabilities, in order to accelerate discovery and innovation in these fields."

Zapata's Orquestra platform improves data analytics performance, empowering companies and research organizations to build quantum–enabled workflows , execute them across the full range of quantum and classical devices, and then collect and analyze resulting data. With Orquestra, organizations can leverage quantum capabilities to generate augmented data sets, speed up data analysis, and construct better data models for a range of applications. Importantly, it provides organizations with the most flexible, applied toolset in quantum computing so that its users can build quantum capabilities without getting locked in with a single vendor or architecture in the next several years.

"We are always looking to expand quantum computing use cases through Orquestra and our work with KAUST will give us a head start to explore new opportunities for more efficient CFD," said Christopher Savoie, co–founder and CEO, Zapata. "The collaboration with KAUST will benefit the aerospace industry as a whole by using quantum to bring efficiency to what has historically been a slow and difficult process."

About Zapata Computing
Zapata Computing, Inc. builds quantum–ready applications for enterprise deployment through our flagship product Orquestra "" the only workflow–based toolset for enterprise quantum computing. Zapata has pioneered a new quantum–classical development and deployment paradigm that focuses on a range of use cases, including ML, optimization and simulation. Orquestra integrates best–in–class classical and quantum technologies including Zapata's leading–edge algorithms, open–source libraries in Python and Julia, and more. Zapata partners closely with hardware providers across the quantum ecosystem such as Amazon, Google, Honeywell, IBM, IonQ, Microsoft and Rigetti. Investors include BASF Venture Capital, Honeywell Ventures, Itochu Corporation and Merck Global Health.

For more information visit www.ZapataComputing.com and www.Orquestra.io.

About KAUST
Established in 2009, King Abdullah University of Science and Technology (KAUST) is a graduate research university devoted to finding solutions for some of the world's most pressing scientific and technological challenges in the areas of food, water, energy and the environment. With 19 research areas related to these themes and state of the art labs, KAUST has created a collaborative and interdisciplinary problem–solving environment, which has resulted in over 11,000 published papers to date.

With over 100 different nationalities living, working and studying on campus, KAUST has brought together the best minds and ideas from around the world with the goal of advancing science and technology through distinctive and collaborative research. KAUST is a catalyst for innovation, economic development and social prosperity in Saudi Arabia and the world. For additional information, visit: www.Kaust.edu.sa

Media Contact:
Anya Nelson
Scratch Marketing + Media for Zapata Computing
anyan@scratchmm.com
617.817.6559


GLOBENEWSWIRE (Distribution ID 8204570)

Zapata Computing and KAUST Partner to Bring Quantum Computing to the Middle East for the Advancement of Computational Fluid Dynamics

BOSTON, March 23, 2021 (GLOBE NEWSWIRE) — Zapata Computing, Inc., the leading enterprise software company for NISQ–based quantum applications, today announced a new partnership with Middle East–based King Abdullah University of Science and Technology (KAUST) to be a licensed user of Zapata's Orquestra , the modular, workflow–based platform for applied quantum computing. KAUST is examining various lines of research to determine how quantum technologies could represent an advantage over classical compute tools in a variety of Computational Fluid Dynamics (CFD) use cases for airplane and automobile aerodynamic design.

Currently, CFD computations are extremely time–consuming and expensive to run. The simulation process is inefficient, and a lot of time is wasted trying to model air flow around wings and engines more efficiently. Boosting work around those designs could allow manufacturers to build more energy–efficient airplanes and lead to lowered carbon emissions for air travel "" therefore, having an enormous positive impact on the environment. Airplane transportation is overall responsible for 2% of greenhouse gas emissions. For airlines and plane manufacturers this could drive meaningful financial and environmental results "" all supported by new quantum technology.

Home to the KAUST Research and Technology Park (KRTP) where R&D centers, corporates and start–ups choose to locate themselves, the university has a track record of collaborating with industry partners at national and international levels to transfer research–based technology into the market to achieve public benefit.

"We are delighted to be the catalyst for bringing quantum capabilities to CFD research in the Kingdom of Saudi Arabia and to the Middle East," said Kevin Cullen, vice president of Innovation and Economic Development at KAUST. "This partnership establishes Zapata as one of the first quantum computing companies active in the region and will enable KAUST researchers to explore the future of aerospace fluid dynamics. KAUST is a leader in the areas of data analysis and AI and we welcome the addition of Zapata's Orquestra technology to our capabilities, in order to accelerate discovery and innovation in these fields."

Zapata's Orquestra platform improves data analytics performance, empowering companies and research organizations to build quantum–enabled workflows , execute them across the full range of quantum and classical devices, and then collect and analyze resulting data. With Orquestra, organizations can leverage quantum capabilities to generate augmented data sets, speed up data analysis, and construct better data models for a range of applications. Importantly, it provides organizations with the most flexible, applied toolset in quantum computing so that its users can build quantum capabilities without getting locked in with a single vendor or architecture in the next several years.

"We are always looking to expand quantum computing use cases through Orquestra and our work with KAUST will give us a head start to explore new opportunities for more efficient CFD," said Christopher Savoie, co–founder and CEO, Zapata. "The collaboration with KAUST will benefit the aerospace industry as a whole by using quantum to bring efficiency to what has historically been a slow and difficult process."

About Zapata Computing
Zapata Computing, Inc. builds quantum–ready applications for enterprise deployment through our flagship product Orquestra "" the only workflow–based toolset for enterprise quantum computing. Zapata has pioneered a new quantum–classical development and deployment paradigm that focuses on a range of use cases, including ML, optimization and simulation. Orquestra integrates best–in–class classical and quantum technologies including Zapata's leading–edge algorithms, open–source libraries in Python and Julia, and more. Zapata partners closely with hardware providers across the quantum ecosystem such as Amazon, Google, Honeywell, IBM, IonQ, Microsoft and Rigetti. Investors include BASF Venture Capital, Honeywell Ventures, Itochu Corporation and Merck Global Health. Enterprise customers include Merck, BP, BBVA, KAUST and Coca Cola Bottlers Japan Inc., among others.

For more information visit www.ZapataComputing.com and www.Orquestra.io.

About KAUST
Established in 2009, King Abdullah University of Science and Technology (KAUST) is a graduate research university devoted to finding solutions for some of the world's most pressing scientific and technological challenges in the areas of food, water, energy and the environment. With 19 research areas related to these themes and state of the art labs, KAUST has created a collaborative and interdisciplinary problem–solving environment, which has resulted in over 11,000 published papers to date.

With over 100 different nationalities living, working and studying on campus, KAUST has brought together the best minds and ideas from around the world with the goal of advancing science and technology through distinctive and collaborative research. KAUST is a catalyst for innovation, economic development and social prosperity in Saudi Arabia and the world. For additional information, visit: www.Kaust.edu.sa

Media Contact:
Anya Nelson
Scratch Marketing + Media for Zapata Computing
anyan@scratchmm.com
617.817.6559


GLOBENEWSWIRE (Distribution ID 8204570)

Fortem Technologies and Toshiba Announce Strategic Alliance

Pleasant Grove, UT and Kawasaki, March 23, 2021 (GLOBE NEWSWIRE) — Fortem Technologies, Inc., a leader in airspace security and defense for detecting and defeating dangerous drones, announced today that Toshiba Infrastructure Systems & Solutions (hereafter Toshiba) has invested $15 million USD in the company and that they have formed a strategic business alliance. The two companies will integrate their highly complementary systems and expand sales around the world.

The Fortem SkyDome System is a highly accurate drone detection solution based on Fortem TrueView radars that are easy to install and effective in urban environments. Also part of the system, Fortem DroneHunter is an AI–enabled autonomous drone that can safely capture and remove rogue drones day and night.

Toshiba has already commercialized a drone detection system that can determine the incoming direction and altitude of a drone by receiving radio waves emitted by the drone in flight. "Toshiba is also strengthening the drone security business by its own research and development of related products.

"Toshiba is a world–renowned technical and sales powerhouse," said Timothy Bean, CEO of Fortem Technologies, Inc. "We are very pleased to announce this alliance to accelerate the delivery of solutions to our customers that combine the disruptive innovation of our AI–enabled Fortem SkyDome System with the depth of Toshiba's commercial drone RF detection expertise and advanced radar technology. This partnership brings added confidence to security professionals who must secure the airspace above their venues, campuses and metro regions."

Masaki Haruyama, Vice President of Toshiba said, "We are excited to partner with Fortem, a pioneering counter–drone solution provider with a proven detection system and unique and highly effective mitigation system. Toshiba has a long history of providing leading technologies of radars. With the perfectly complementary technologies and products of the two companies, we are confident that we can become a global top–tier player in a rapidly growing market, and contribute to safer, more reliable facilities."

About Toshiba Infrastructure Systems & Solutions Corporation

Toshiba Infrastructure Systems & Solutions Corporation is the core company promoting Toshiba Group's business in social infrastructure. Split off from Toshiba Corporation (Tokyo: 6502) in 2017, the company is based in Kawasaki with revenue of over 730 billion JPY in 2019 and more than 18,000 employees. For more than 80 years, Toshiba Group has been providing advanced radars and other innovative technologies that have contributed to a safe, more secure and reliable world. Security solution business including counter drone systems is one of its focusing markets.

For more information, please visit https://www.toshiba.co.jp/infrastructure/en/index.htm

About Fortem Technologies, Inc.

Fortem Technologies is a leader in airspace security and defense for detecting and defeating dangerous drones. Through an advanced ecosystem of distributed radar, AI at–the–edge, deep sensor integration and autonomous drone capture, Fortem SkyDome monitors, protects, and defends the world's corridors, venues, infrastructures, borders, and regions from dangerous or malicious drone threats. The same ecosystem is accelerating the safety of the world's airspace for urban air mobility. Based in Pleasant Grove, Utah, the company is privately held and backed by Boeing HorizonX Global Ventures, DCVC, Mubadala Investment Company, Signia Venture Partners, and others. For more information, please visit www.fortemtech.com.


GLOBENEWSWIRE (Distribution ID 8204368)

FXCM named Best Zero Commission Broker at ADVFN Awards 2021

LONDON and SYDNEY, Australia and JOHANNESBURG, South Africa, March 23, 2021 (GLOBE NEWSWIRE) — FXCM Group, LLC ("FXCM Group' or "FXCM'), the leading international provider of online foreign exchange trading, CFD trading and related services, announced today that they have been named the Best Zero Commission* Broker in the ADVFN International Financial Awards 2021.

FXCM was awarded the nomination by a panel of judges from ADVFN, a leading global stocks and shares information website. Having only launched the zero–commission CFD shares trading under a year ago, the award is a testament to the success and appeal of FXCM's offering in bringing the most sought–after trading opportunities.

Over the course of last year, FXCM has broadened its offering with a range of new instruments and trading opportunities. Enabling zero–commission trading was a key part of this expansion and in increasing the ease of market access for retail investors during the unprecedented volatility brought by the global pandemic.

Brendan Callan, CEO of FXCM said: "Being named Best Zero Commission Broker by ADVFN is a hugely rewarding acknowledgement of our team's hard work, especially on such a recent update in our offering. There's clearly a growing expectation from traders for more affordable investing opportunities, and that's the cornerstone of our approach. It's been a really exciting few months for retail investors and this award is complement to our efforts in providing our clients with some of the best opportunities to capitalise on today's volatility."

*FXCM can be compensated in several ways, which includes but are not limited to adding a mark–up to the spreads it receives from its liquidity providers, adding a mark–up to rollover, etc. Commission–based pricing is applicable to Active Trader account types.

About FXCM:

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one–click order execution and trading from real–time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.

Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. The products are intended for retail, professional and eligible counterparty clients. Retail clients who maintain account(s) with Forex Capital Markets Limited (“FXCM LTD”), could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds but professional clients and eligible counterparty clients could sustain losses in excess of deposits. Prior to trading any products offered by Forex Capital Markets Limited, inclusive of all EU branches, FXCM Australia Pty. Limited, FXCM South Africa (PTY) Ltd, any affiliates of aforementioned firms, or other firms within the FXCM group of companies [collectively the “FXCM Group”], carefully consider your financial situation and experience level. If you decide to trade products offered by FXCM Australia Pty. Limited ("FXCM AU") (AFSL 309763), you must read and understand the Financial Services Guide, Product Disclosure Statement, and Terms of Business. Our FX and CFD prices are set by us, are not made on an Exchange and are not governed under the Financial Advisory and Intermediary Services Act. The FXCM Group may provide general commentary, which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. The FXCM Group assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on the FXCM Group's websites prior to taking further action.

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Media contact:

Chatsworth Communications
+44 (0) 20 7440 9780
fxcm@chatsworthcommunications.com


GLOBENEWSWIRE (Distribution ID 8204220)