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Nyxoah to Release First Quarter 2022 Financial Results on May 9 and Host Conference Call on May 10, 2022

Nyxoah to Release First Quarter 2022 Financial Results on May 9 and Host Conference Call on May 10, 2022

Mont–Saint–Guibert, Belgium "" April 28, 2022, 10:30pm CET / 4:30pm ET "" Nyxoah SA (Euronext Brussels/Nasdaq: NYXH)("Nyxoah" or the "Company"), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the Company will release financial results for the first quarter of 2022 on Monday, May 9, 2022, after the market close. Company management will host a conference call to discuss financial results on Tuesday, May 10, 2022, beginning at 2:00pm CET / 8:00am ET.

Investors interested in listening to the conference call may do so by dialing (844) 260–3718 for those in the U.S., 0800 73264 for those in Belgium, or (929) 517–0938 for international callers, followed by Conference ID 8444917. A live and archived webcast of the event will be available on the Company's investor relations website at https://investors.nyxoah.com.

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah's lead solution is the Genio system, a patient–centered, leadless and battery–free hypoglossal neurostimulation therapy for OSA, the world's most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext Brussels in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors' therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and US commercialization approval.

For more information, please visit http://www.nyxoah.com/

Caution "" CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Contacts:
Nyxoah
Loic Moreau, Chief Financial Officer
corporate@nyxoah.com
+32 473 33 19 80

Jeremy Feffer, VP IR and Corporate Communications
jeremy.feffer@nyxoah.com
+1 917 749 1494

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GLOBENEWSWIRE (Distribution ID 1000629894)

Bombardier to Report First Quarter 2022 Financial Results and Hold Virtual Annual and Special Meeting of Shareholders on Thursday, May 5, 2022

MONTREAL, April 28, 2022 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the first quarter of 2022 on May 5, 2022. On the same day, Bombardier will hold its Annual and Special Meeting of Shareholders ("Meeting") in a virtual format.

Quarterly Conference Call

On May 5, 2022, at 8:00 a.m. EDT, Bombardier will hold a webcast/conference call intended for investors and financial analysts to review the company's financial results for the first quarter ended March 31, 2022.

A live webcast of the call and relevant financial charts will be available at https://ir.bombardier.com

Stakeholders wishing to listen to the presentation and subsequent question–and–answer period by telephone may dial one of the following conference call numbers:

In English:

Toll–free dial–in number (Canada/U.S.): 1–800–898–3989
Local dial–in number: 514–861–3304
International dial–in numbers

Participant passcode: 2230833#

In French (with translation):
Toll–free dial–in number (Canada/U.S.): 1–877–395–0279
Local dial–in number: 514–392–1587
International dial–in numbers

Participant passcode: 4427560#

Media Call

May 5, 2022, at 9:30 a.m. EDT, members of the media are invited to dial in to a short Question and Answer session following our quarterly earnings call and before the virtual Annual and Special Meeting of Shareholders. ric Martel, President and Chief Executive Officer of Bombardier, will be available to answer your questions related to the Q1 2022 financial results.

Media who would like to attend the Q&A session are asked to RSVP by emailing heather.neale@aero.bombardier.com.

Bilingual:

Toll–free dial–in number (Canada/U.S.): 1–800–952–5114
Local dial–in number: 416–406–0743
International dial–in numbers

Participant passcode: 2423914#

Annual and Special Meeting of Shareholders

On May 5, 2022, at 10:30 a.m. EDT, Bombardier welcomes all registered shareholders and duly appointed proxyholders who wish to participate in the online Meeting to do so by joining the live webcast available at https://bombardier.com/en/agm2022. Only registered shareholders and duly appointed proxyholders will be allowed to vote and ask questions during the live Meeting. Non–registered shareholders, guests and media will be able to watch online via the live webcast available at the same link.

Instructions on how to vote and participate in the online Meeting, including submitting questions to management and to the Chairman of the Board of Directors of Bombardier, will be available on the Corporation's website here and on the online Meeting platform. Bombardier encourages shareholders to vote and submit their proxies prior to the Meeting.

The live webcast and relevant documents for both the Annual and Special Meeting of Shareholders and the conference call will be available at https://bombardier.com/en/agm2022. A recording of the Meeting and the call will be posted on Bombardier's website shortly after the end of the webcast.

About Bombardier
Bombardier is a global leader in aviation, focused on designing, manufacturing and servicing the world's most exceptional business jets. Bombardier's Challenger and Global aircraft families are renowned for their cutting–edge innovation, cabin design, performance and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. Bombardier aircraft are also trusted around the world in special–mission roles.

Headquartered in Montral, Qubec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company's robust customer support network includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and an Australian facility opening in 2022.

For corporate news and information, including Bombardier's Environmental, Social and Governance report, visit bombardier.com. Learn more about Bombardier's industry–leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

Bombardier is a registered trademark of Bombardier Inc. or its subsidiaries.

For Information

Francis Richer de La Flche
Vice President
Financial Planning and Investor Relations
Bombardier
+514 855 5001 x13228		 Anna Cristofaro
Manager
Communications
Bombardier
+1 514 855 8678


GLOBENEWSWIRE (Distribution ID 8531533)

ScyllaDB gives customers higher NoSQL performance with support for new Amazon EC2 I4i instances

PALO ALTO, Calif., April 28, 2022 (GLOBE NEWSWIRE) — ScyllaDB, the company behind the ScyllaDB database for data–intensive applications that require high performance and low latency, announced that it is achieving staggering performance results on a range of new Amazon Elastic Compute Cloud (Amazon EC2) instance types powered by Amazon Web Services (AWS). This includes the Amazon EC2 I4i instances which are x86 processor based, and im4gn and is4gen instances which use AWS Arm–based Graviton2 processors.

ScyllaDB uses Amazon EC2 I4i Instances to provide customers with performance improvements
Amazon EC2 I4i instances are powered by 3rd generation Intel Xeon Scalable processors and feature up to 30 TB of local AWS Nitro Solid State Drives (SSD) storage. Nitro SSDs are Non–Volatile Memory Express (NVMe)–based and custom–designed by AWS to provide high I/O performance, low latency, minimal latency variability, and security with always–on encryption. Amazon EC2 Im4gn and Is4gen instances are next–generation, storage–optimized instances designed for running applications that require high throughput and low–latency access to large amounts of data on local SSD storage. They are powered by AWS Graviton2 processors and provide up to 30 TB of storage with AWS Nitro SSDs.

ScyllaDB's NoSQL database is built with deep architectural advancements (asynchronous, shared–nothing, shard–per–core) that enable teams to harness the ever–increasing computing power of modern infrastructures "" eliminating barriers to scale as data grows.

Benchmarking Performance: I4i vs i3
Results from benchmarking tests with ScyllaDB running on I4i family instances surpassed performance expectations.

“ScyllaDB is a high–performance NoSQL database that can take advantage of high–performance cloud computing instances. When we tested I4i instances, we observed up to 2.7x increase in throughput per vCPU compared to I3 instances for reads,” explained Avi Kivity, Chief Technology Officer and Co–Founder at ScyllaDB. “With an even mix of reads and writes, we observed 2.2x higher throughput per vCPU, with a 40% reduction in average latency than I3 instances. We are excited for the incredible performance and value these new instances will enable for our customers going forward.”

ScyllaDB's benchmark details can be reviewed in an on–demand presentation with ScyllaDB VP of Product, Tzach Livyatan, and Head of Specialized Solution Architects, Compute at AWS, Ken Krupa.

About ScyllaDB
ScyllaDB is the database for data–intensive apps that require high performance and low latency. It enables teams to harness the ever–increasing computing power of modern infrastructures "" eliminating barriers to scale as data grows. Unlike any other database, ScyllaDB is built with deep architectural advancements that enable exceptional end–user experiences at radically lower costs. Over 400 game–changing companies like Disney+ Hotstar, Expedia, FireEye, Discord, Zillow, Starbucks, Comcast, and Samsung use ScyllaDB for their toughest database challenges. ScyllaDB is available as free open source software, a fully–supported enterprise product, and a fully managed service on multiple cloud providers. For more information: ScyllaDB.com

Media Contact:
Wayne Ariola
wayne.ariola@scylladb.com


GLOBENEWSWIRE (Distribution ID 8530744)

Delphix Accelerates Growth, Profitability for Second Consecutive Year at Scale

REDWOOD CITY, Calif., April 28, 2022 (GLOBE NEWSWIRE) — Delphix, the industry leader in DevOps test data management (TDM), today announced closing fiscal year 2022 with a second consecutive year of accelerated revenue growth and profitability at a scale well over $100M in annual recurring revenue (ARR).

With increasing activity from hostile nation states and ransomware gangs, companies around the world need a solution to automate and secure test data for enterprise applications. As a result, the company also reported 36% faster year–over–year growth of its large, enterprise customer base driven by increasing data risks.

Delphix's growth comes as companies around the world continue to invest in innovative DevOps solutions to accelerate application delivery, modernize legacy infrastructure, and move applications across the multicloud. Delphix offers the only DevOps TDM platform that automates the delivery of secure, compliant data for test and development, enabling up to 10x faster innovation.

"Enterprise applications all need test data for fast, quality releases," said Jedidiah Yueh, Delphix Founder and CEO. "But test data has traditionally been slow, complex, and filled with risk. Delphix helps companies like Banco Carrefour, The University of Manchester, and BNP Paribas release applications quickly while improving data security and compliance."

Banco Carrefour in Brazil utilizes the Delphix DevOps Data Platform to accelerate application releases while ensuring data security and compliance with privacy regulations such as Brazil's General Data Protection Law (LGPD). Delphix empowers development teams with 320x faster data availability for financial reporting and analytics, enables faster application releases, and helps save 70% on storage.

Delphix delivers an innovative API–first data platform that transforms application delivery with comprehensive data controls. By automating data delivery into test environments, Delphix helps software developers innovate faster while reducing compliance and security risk.

Delphix also helps companies recover faster from ransomware attacks by continuously protecting data and making historical data immutable.

"We selected Delphix, because we like the technology as a tool to move data efficiently from one place to another, to reconstruct, to travel to the past," said Yves Caseau, Group Chief Digital & Information Officer at Michelin. "If we look at what we've done, we used Delphix to move data from our Exadata server legacy to community Linux servers to get more scalability and lower cost."

"We are also using Delphix as a way to accelerate innovation and set up new test and development environments faster. We can get all the appropriate data very fast with a few pointers and a few clicks and have a virtual transfer of the data as opposed to a physical one," Caseau added.

Test data management is a critical component of application development but is often slow and manual. The Delphix DevOps Data Platform enables teams to create, manage, and automate hybrid cloud–based data environments to support CI/CD pipelines and train AI/ML algorithms.

“Compliant test data is the lifeblood of DevOps and ensuring continuous access to it is key for enterprises to accelerate application delivery,” said Jim Mercer, Research Director of DevOps and DevSecOps at IDC. “With digital transformation becoming increasingly essential for enterprises to compete across today's marketplaces, we continue to see the need for modern TDM solutions across multiple industries.”

Delphix Growth Highlights

Delphix also introduced multiple innovations across the company's product offerings in last fiscal year, including:

About Delphix

Delphix is the industry leader for DevOps test data management.

Businesses need to transform application delivery but struggle to balance speed with data security and compliance. Our DevOps Data Platform automates data security, while rapidly deploying test data to accelerate application releases. With Delphix, customers modernize applications, adopt multi–cloud, achieve CI/CD, and recover from downtime events such as ransomware up to 2x faster.

Leading companies, including Choice Hotels, Banco Carrefour, and Fannie Mae, use Delphix to accelerate digital transformation and enable zero trust data management. Visit us at www.delphix.com. Follow us on LinkedIn, Twitter, and Facebook.


GLOBENEWSWIRE (Distribution ID 8530345)

Dante Labs selected to provide genetic testing for Abu Dhabi Stem Cells Center, jointly developing mRNA cancer vaccines

NEW YORK, April 27, 2022 (GLOBE NEWSWIRE) — Dante Labs, a global leader in genomics and precision medicine, is pleased to announce the company has been selected as the genetic testing provider for Abu Dhabi Stem Cells Center (ADSCC), the Abu Dhabi–based specialist healthcare center focused on cell therapy and regenerative medicine. In parallel, a joint R&D program has been launched focused on the development of a mRNA vaccine platform to identify individual cancer treatments.

"This collaboration with ADSCC is an important step forward in our strategy to provide the best clinical genetic services now to United Arab Emirates and in the Region. The goal is that partnerships like this will pave the way to a much wider adoption of genomics in additional clinical fields," said Andrea Riposati, CEO of Dante Labs. "It is clear that the UAE has become a global leader in the field of genomics, and we are pleased to invest in this innovative country.''

Effective April 18, 2022, Dante has begun providing clinical genetic testing to ADSCC patients covering a wide spectrum of medical specializations and all testing will take place in Dante's new Dubai laboratory.

"We are very excited and are looking forward to our upcoming collaboration with Dante," said Dr. Yendry Ventura Carmenate, General Manager at ADSCC. "The combined experience of the professionals at the helm of this collaboration gives us absolute assurance in the success of this very ambitious endeavor. Working together with Dante Labs provides us with an excellent opportunity to further boost the status of United Arab Emirates as the worldwide leader in both genomics and innovative healthcare practices, aimed at the eradication of deadly diseases throughout the world for the greater good of humanity."

In addition to genomic testing services, Dante and the ADSCC will partner on the launch of an R&D program with a focus on personalized treatments for oncology patients, and eventually the development of cancer vaccines.

“The hope with testing programs like ours with ADSCC is that it will pave the way for wider adoption of genomes in other areas such as R&D and training programs," said Professor Mattia Capulli, Chief Scientific Officer of Dante Laboratories. "The mRNA technology is extremely promising for infectious diseases. We are convinced that the joint R&D program will deliver solid results in oncology treatments very soon and will lead to new types of vaccines in oncology and other clinical areas."

About Dante Labs

Dante Labs is a global genomic information company building and commercializing a new class of transformative health and longevity applications based on whole genome sequencing and AI. The Company uses its platform to deliver better patient outcomes from diagnostics to therapeutics with assets including one of the largest private genome databases with research consent, proprietary software designed to unleash the power of genomic data at scale and proprietary processes which enable an industrial approach to genomic sequencing.

About Abu Dhabi Stem Cells Center (ADSCC)

Abu Dhabi Stem Cells Center (ADSCC) is an Abu Dhabi–based specialist healthcare center focused on cell therapy and regenerative medicine techniques, as well as delivering cutting–edge research on stem cells in the region.

The Center was founded in March 2019 to meet growing domestic and regional demand for highly specialized medical services and treatments. Equipped with the latest technologies, medical devices which are unique to the region, and a team of internationally recognized doctors working hand in hand with researchers, ADSCC is the first of its kind in the UAE.

The Center focuses primarily on harvesting, processing, characterizing and storing cell products for clinical application in both regenerative medicine and hematopoietic transplantation. It aims to streamline and develop new processes related to stem cell therapy and research, in order to both serve our team of doctors' clinical needs and become a referral center for the region.

Contacts:

Laura D'Angelo
VP of Investor Relations
ir@dantelabs.comI'm +39 0862 191 0671
www.dantelabs.com

info@adscc.ae
Abu Dhabi Stem Cells Center

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/76811dae–c095–4504–a5b6–34da0ca44892


GLOBENEWSWIRE (Distribution ID 8530342)

The Republic of the Marshall Islands will become first Pacific island nation to publish fishing activity to Global Fishing Watch map

KOROR, THE REPUBLIC OF PALAU, April 27, 2022 (GLOBE NEWSWIRE) — KOROR, THE REPUBLIC OF PALAU – The Republic of the Marshall Islands has committed to sharing its vessel monitoring data on Global Fishing Watch's public map, bolstering ocean governance and promoting compliance throughout some of the world's richest fishing grounds. This momentous decision was announced on April 14, 2022 at the seventh Our Oceans Conference by the Honorable John M. Silk, Minister of Natural Resources and Commerce for the Republic of the Marshall Islands. The declaration marks the first Pacific island nation to make its fishing activity visible to the world.

The partnership agreement was signed between the Marshall Islands Marine Resources Authority (MIMRA) and Global Fishing Watch, symbolizing the two organizations' dedication to advancing transparency of fishing activities in the Pacific Islands region, home to the world's most productive tuna fisheries.

All vessels flying the Marshall Islands' flag and foreign vessels fishing in its fishery waters will appear on Global Fishing Watch's map through the integration of the government's vessel monitoring system (VMS) data. These vessels primarily target tropical tuna species of the Western and Central Pacific ocean, which hold environmental, economic and cultural significance across the region's island nations""around half of the world's tuna catch comes from these waters.

"There is real value in open data when it comes to monitoring the ocean," said Glen Joseph, Director of the Marshall Islands Marine Resources Authority. "By making its fishing activity visible on the Global Fishing Watch map, the Republic of the Marshall Islands is helping demonstrate compliance. We hope the data–led insights complement already existing monitoring, control and surveillance tools to validate what is being reported by flag States and strengthen the way fisheries are managed."

"Global Fishing Watch is honored to be partnering with the Marshall Islands to build greater transparency of fishing activity in the Pacific," said Tony Long, chief executive officer of Global Fishing Watch. "This progressive decision will help facilitate accountability and good behavior in the region and support a more sustainable future by strengthening fisheries monitoring."

"Our partnership with Global Fishing Watch is an important element of our regional commitment to combat IUU fishing,” said the Honorable John Silk, Minister for Natural Resources and Commerce, Republic of the Marshall Islands. “In 2018, Marshall Islands' President Hilda Heine set out a bold vision of an IUU–free Pacific by 2023. Other Micronesian presidents signed onto that challenge the following year. To achieve this ambitious goal, we must harness innovative technologies to protect our marine resources and the livelihoods of Pacific people.”

Global Fishing Watch uses publicly broadcast automatic identification system data to track close to 70,000 commercial fishing vessels operating globally. Adding VMS data, which is required by many governments, provides an even clearer view of global fishing activity. The data can assist fishers abiding by the rules through faster, more efficient port entry and provide opportunities to implement regulatory and market incentives to reward them.

A country of coral islands and atolls spread out over 750,000 square miles (1.94 million square kilometers) of ocean between Hawaii and the Philippines, the Marshall Islands relies heavily on revenue from the tuna industry""well over one–third of the government's domestic revenue comes from the tuna sector.

As a member of the Pacific Islands Forum Fisheries Agency (FFA) and one of eight Parties to the Nauru Agreement, this independent small island developing State recognizes the importance of collaboration to secure sustainable fisheries. Enhanced monitoring and regional solidarity across FFA's 17 Members has led to a decrease in illegal, unreported and unregulated fishing throughout the Pacific, according to a recent quantification study which, in part, used Global Fishing Watch data to examine vessel activity throughout the region's waters.

MIMRA's fisheries MCS systems are state–of–the–art, and are backed by the resources of the FFA's Regional Fisheries Surveillance Centre. Their monitoring systems build on an innovative management approach used by the Parties to the Nauru Agreement that caps regional fishing activity to support conservation and economic goals. With Global Fishing Watch now available to support and complement existing efforts, the Marshall Islands is taking the next step toward embracing fisheries transparency.

"Transparency can help vessel operators publicly demonstrate compliance and show their commitment to implementing relevant conservation measures," added Tony Long. "We believe the Marshall Islands' pioneering leadership will encourage other Pacific nations, as well as industry stakeholders, to embrace transparency in support of enhanced ocean governance."

The Marshall Islands joins a growing group of countries that are already publicly sharing their VMS data through Global Fishing Watch, including Belize, Brazil, Chile, Costa Rica, Ecuador, Panama and Peru. Transparency of its fishing activity demonstrates the Marshall Islands' steadfast commitment towards compliance and will help amplify management and coordination efforts undertaken by the FFA. Global Fishing Watch's international program to advance ocean governance through greater transparency is made possible with the generous support of Bloomberg Philanthropies.

###

Global Fishing Watch is an international nonprofit organization dedicated to advancing ocean governance through increased transparency of human activity at sea. By creating and publicly sharing map visualizations, data and analysis tools, we aim to enable scientific research and transform the way our ocean is managed. We believe human activity at sea should be public knowledge in order to safeguard the global ocean for the common good of all.

globalfishingwatch.org

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GLOBENEWSWIRE (Distribution ID 8530401)

Clearspan Unveils Ping

DALLAS, Texas, April 27, 2022 (GLOBE NEWSWIRE) — Clearspan on Wednesday unveiled Ping, a customizable communications and collaboration solution that delivers secure voice, video and messaging anywhere, anytime and on any device. Purpose–built to serve the world's leading service providers and largest organizations, Clearspan Ping is designed to deliver unique user experiences with the security, privacy and control that large organizations require.

Ping is the latest addition to Clearspan's lineup of scalable communication technologies and serves as a foundational component in its journey to personalized communications.

"At Clearspan, we're committed to creating solutions that make it easier to create unique user experiences while retaining the security, privacy and controls that large organizations require," said Bill Crank, Clearspan's chief executive officer. "For decades, Clearspan has powered ubiquitous unified communications solutions that empower service providers and large organizations. Clearspan Ping is the next generation communications portal that enables personalized communications and will continue to digitally transform today's modern workforce, no matter where they're located."

Ping's modern user features include point–to–point and multiparty voice, video and messaging; screen and file sharing; team rooms that allow private space for collaboration; PSTN calling; and flexible access options including browser based, desktop, and mobile applications.

Ping sets itself apart with unique features:

  • Brandable: Ping is brandable for both service providers and organizations. There are no cobranding requirements, meaning Ping can truly reflect any organization.
  • Customizable: From easy integration of commonly used applications, such as call center agent control, faxing, and SMS texting, to cross platform messaging and IoT device monitoring, Ping is built to be customized. Additionally, Ping's deployment model is flexible. Users can choose from Clearspan cloud, public cloud, private cloud, or premise–based hosting.
  • Secure: Ping is 100 percent private with end–to–end session encryption, allowing complete data sovereignty without data mining.

Ping will be available worldwide beginning Sunday, May 1. Ping has already been trialed by some of the United States' largest universities and global tier one service providers. Interested parties can find more information about Ping and request a demonstration on www.ClearspanCloud.com.

About Clearspan"

Clearspan powers ubiquitous unified communications solutions that help the world's largest organizations digitally transform the way they work."For over forty years, Clearspan has enabled service providers and large organizations with innovative solutions and operational efficiency at scale."Clearspan's standards–based architecture uniquely delivers the carrier–grade reliability, scalability and security required "" without sacrificing the flexibility to seamlessly integrate both modern and legacy business applications and environments. Learn more at www.ClearspanCloud.com."

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GLOBENEWSWIRE (Distribution ID 8530169)

Eurora Solutions raises $40M in Series A to tackle e-commerce shipping delays caused by EU regulation changes

  • Reported as one of the largest Estonian Series A rounds.
  • Eurora's unique AI–based solution was developed with 22 scientists from the world's top 1% universities and backed with support from European Union (EU) Archimedes Fund.
  • Eurora already has over 200 paying clients worldwide that use its technology to process millions of parcels every day.

TALLINN, Estonia, April 27, 2022 (GLOBE NEWSWIRE) — Eurora Solutions, an Artificial Intelligence/Machine Learning–backed (AI/ML) cross–border e–commerce compliance platform, is announcing the closure of its oversubscribed Series A round, raising $40 million/ 31 million. Amsterdam based Connected Capital led the round, with existing investors, including Change Ventures, Equity United and Eurora's founder Marko Lastik also participating.

Eurora already has over 200 paying clients worldwide, including some of the biggest e–commerce players in Asia, such as JD.com, Yanwen and Topyou. These three companies alone process around billion parcels per year and deliver to more than 120 countries. The new funding will be used for geographical expansion in the UK, the US, and the Middle East, where rapid and high growth in the sector is expected, and product development and potential add–on acquisitions. In the past decade, global parcel shipping volume has tripled, and by 2026, this market is expected to reach over 260 billion parcels delivered.

In July last year, the EU ended the 22 import VAT exemption, and new trading regulations between the EU and the rest of the world gradually came into effect. This was intended to create a level playing field with local European manufacturers and retailers. Complying with this new regulation in the high volume, low value–per–package e–commerce market has been a challenge for merchants and logistics operators from the UK, the US, China and the rest of the world. These players are looking for software–based solutions that can help handle the billions of cross–border packages affected by this new EU regulation. Solutions with a high degree of accuracy, speed and at a low cost per package are required.

Eurora's proprietary AI/ML–based platform automates tax, compliance and customs services. It assigns e–commerce products an appropriate HS code*, calculates the applicable VAT and duty amounts, and automatically creates electronic declarations for EU duties and taxes via simple API integration. The platform delivers more than 96% accuracy for e–commerce packages despite often patchy input data and it operates at a fraction of the time and price of hybrid or manual code allocation solutions commonly used today. Eurora was the first official VAT Intermediary and the first company to issue an IOSS number*.

The B2B platform can be used by online sellers, marketplaces, logistics and postal companies, as well as tax and customs authorities. Eurora's compliance platform can automatically process 5,000 requests per second with up to 96% accuracy, the highest level of accuracy, speed, and automation available on the market. Marko Lastik has over 30 years of experience in logistics and is the founder and visionary of the platform, having created it together with 22 scientists from the world's top 1% of universities, such as Tallinn University of Technology, StatLab (a spinoff company of the University of Tartu) and Software Technology and Applications Competence Centre in Estonia.

Marko Lastik, the founder and CEO of Eurora Solutions, said: "The number of different declarations, codes, reports, records and tax calculations required in the international shipping business is ever increasing. Without the correct data sets and automated solutions for tax calculations and electronic declarations, cross–border trade has slowed down, resulting in severe delays, fines, increasing costs, loss of customers etc. Eurora's AI uses 500+ million records of training data from actual transactions from the largest logistics providers in the world, giving Eurora the knowledge of actual market practices. By using Eurora's platform, merchants can make deliveries faster and at lower costs, which results in increased customer satisfaction and trust."

Shaffy Roell, Investment Manager at Connected Capital, said: "We are excited to lead the investment into Eurora and support the team in scaling the platform globally. The founder and the full management team have impressed us with their quality, domain expertise, and vision for the company. We have seen a clear push from regulators to improve transparency and reporting for the increasing number of goods that enter through customs. We believe that Eurora has built a truly unique AI/ML–based platform, significantly improving compliance while reducing package delays and lowering costs for e–commerce parcels shipped into Europe."

For more info:
Anneli Aljas
CFO
pr@eurora.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ba059a2d–0ca1–4f72–8211–637f86d74f09


GLOBENEWSWIRE (Distribution ID 1000629411)

Eurora Solutions raises $40M in Series A to tackle e-commerce shipping delays caused by EU regulation changes

  • Reported as one of the largest Estonian Series A rounds.
  • Eurora's unique AI–based solution was developed with 22 scientists from the world's top 1% universities and backed with support from European Union (EU) Archimedes Fund.
  • Eurora already has over 200 paying clients worldwide that use its technology to process millions of parcels every day.

TALLINN, Estonia, April 27, 2022 (GLOBE NEWSWIRE) — Eurora Solutions, an Artificial Intelligence/Machine Learning–backed (AI/ML) cross–border e–commerce compliance platform, is announcing the closure of its oversubscribed Series A round, raising $40 million/ 31 million. Amsterdam based Connected Capital led the round, with existing investors, including Change Ventures, Equity United and Eurora's founder Marko Lastik also participating.

Eurora already has over 200 paying clients worldwide, including some of the biggest e–commerce players in Asia, such as JD.com, Yanwen and Topyou. These three companies alone process around billion parcels per year and deliver to more than 120 countries. The new funding will be used for geographical expansion in the UK, the US, and the Middle East, where rapid and high growth in the sector is expected, and product development and potential add–on acquisitions. In the past decade, global parcel shipping volume has tripled, and by 2026, this market is expected to reach over 260 billion parcels delivered.

In July last year, the EU ended the 22 import VAT exemption, and new trading regulations between the EU and the rest of the world gradually came into effect. This was intended to create a level playing field with local European manufacturers and retailers. Complying with this new regulation in the high volume, low value–per–package e–commerce market has been a challenge for merchants and logistics operators from the UK, the US, China and the rest of the world. These players are looking for software–based solutions that can help handle the billions of cross–border packages affected by this new EU regulation. Solutions with a high degree of accuracy, speed and at a low cost per package are required.

Eurora's proprietary AI/ML–based platform automates tax, compliance and customs services. It assigns e–commerce products an appropriate HS code*, calculates the applicable VAT and duty amounts, and automatically creates electronic declarations for EU duties and taxes via simple API integration. The platform delivers more than 96% accuracy for e–commerce packages despite often patchy input data and it operates at a fraction of the time and price of hybrid or manual code allocation solutions commonly used today. Eurora was the first official VAT Intermediary and the first company to issue an IOSS number*.

The B2B platform can be used by online sellers, marketplaces, logistics and postal companies, as well as tax and customs authorities. Eurora's compliance platform can automatically process 5,000 requests per second with up to 96% accuracy, the highest level of accuracy, speed, and automation available on the market. Marko Lastik has over 30 years of experience in logistics and is the founder and visionary of the platform, having created it together with 22 scientists from the world's top 1% of universities, such as Tallinn University of Technology, StatLab (a spinoff company of the University of Tartu) and Software Technology and Applications Competence Centre in Estonia.

Marko Lastik, the founder and CEO of Eurora Solutions, said: "The number of different declarations, codes, reports, records and tax calculations required in the international shipping business is ever increasing. Without the correct data sets and automated solutions for tax calculations and electronic declarations, cross–border trade has slowed down, resulting in severe delays, fines, increasing costs, loss of customers etc. Eurora's AI uses 500+ million records of training data from actual transactions from the largest logistics providers in the world, giving Eurora the knowledge of actual market practices. By using Eurora's platform, merchants can make deliveries faster and at lower costs, which results in increased customer satisfaction and trust."

Shaffy Roell, Investment Manager at Connected Capital, said: "We are excited to lead the investment into Eurora and support the team in scaling the platform globally. The founder and the full management team have impressed us with their quality, domain expertise, and vision for the company. We have seen a clear push from regulators to improve transparency and reporting for the increasing number of goods that enter through customs. We believe that Eurora has built a truly unique AI/ML–based platform, significantly improving compliance while reducing package delays and lowering costs for e–commerce parcels shipped into Europe."

For more info:
Anneli Aljas
CFO
pr@eurora.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ba059a2d–0ca1–4f72–8211–637f86d74f09


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Charli D'Amelio, Social Media's Biggest Star, to Star in Ryan Kavanaugh’s Proxima Media New Film Franchise 'Home School'

Second Proxima film to list on the entertainment stock exchange (ESX.io,) allowing fans to buy into the film
Not since "The Six Sense' reveal will audiences be this shocked

LOS ANGELES, April 26, 2022 (GLOBE NEWSWIRE) — Home School, the first in an eight–film franchise of supernatural thrillers starring two–time Kids Choice Award winner Charli D'Amelio, will be produced by EGOT nominee (Emmy, Grammy, Oscar, and Tony) Ryan Kavanaugh""directed by F. Javier Gutierrez.

Kavanaugh has brought more than 200 feature films, and 40 TV shows to audiences worldwide, and this will be the second film to list on the entertainment stock exchange, esx.io.

Award–winning visionary horror film director F. Javier Gutirrez (Before the Fall, Rings) has come on board to direct. Home School marks the live–action feature film debut of D'Amelio, the first TikTokker to accrue 100 million followers on the platform. Production is set to begin July 2022.

Charli shot to global fame on TikTok after posting dance videos in 2019. Since exploding on the app, Charli has parlayed her success into other ventures. She appeared in a 2020 Super Bowl ad for Sabra Hummus and danced in a Jennifer Lopez music video. In September of last year, Hulu launched The D'Amelio Show docuseries, starring Charli and her family, which has already been picked up for a second season. Charli co–created her own clothing line Social Tourist and has worked with major fashion brands, including Louis Vuitton and Prada. Charli was also the youngest star to appear on Time Magazine's NEXT list.

In Home School, Charli will play 'Mira,' a 17–year–old who moves to a different town to live with her aunt after her mother passes away. After arriving in what seems like the all–too–perfect town, Mira soon discovers that her mother's death and her own future are intertwined supernaturally.

“As soon as I read Home School, I knew it was for me. I connected with the character, Mira, the story, the script, and the team. I knew if I was going to do a movie, it needed to be something fun, edgy, and fresh,” Charli says. “While the role will certainly be challenging and push me to learn to act and become Mira, it's a fun ride and meant to be fun to make and fun to watch. I also wanted to make sure I surrounded myself with a great team.”

“When Ryan and I met while developing The Crow remake with Luke Evans, we knew we wanted to foster a creative partnership further. I'm thrilled for Home School to mark our first official project together,” explains director F. Javier Gutirrez. “With its compelling visuals and a strong psychological element, I think Home School has the potential to be a modern classic. I can't wait to work alongside Charli and the Proxima team.”

Gutirrez, a two–time nominee for the best European Fantastic Film award, shot to movie fame with his horror film, Rings, the third installment of The Ring franchise, that opened #2 at the U.S. box office and was praised by Koji Suzuki, author of The Ring novels. His short Brasil, won top honors and numerous awards, including winning the Universal Studios Film Master Award for Best European Director. After its North American premiere at AFI Fest, the film came to the attention of the U.S. industry, landing #3 on the Hollywood International Watchlist. That same year, Before the Fall got an offer for a remake from the late legendary filmmaker Wes Craven. Early in his career, Gutirrez established himself as a horror filmmaker to watch when his first short film, Brasil, which he directed, wrote, and produced in 2002, also won the Sitges Film Festival, one of the world's foremost international festivals, specializing in fantasy and horror.

“We've been developing this project for a few years to bring something new and exciting to the screen,” says Ryan Kavanaugh. “Having Javier direct and Charli star is the perfect package. We are going for 'The Sixth Sense' meets 'Get Out,'” said Kavanaugh.

Home School is written by Casey Giltner, a Minneapolis–based screenwriter whose script On the First Day of Christmas was featured on the 2021 BloodList and was recently picked up by Village Roadshow and Brillstein Entertainment Partners. SVP of Production at Proxima, Daniel Herther, who shepherded the development of Home School, will be producing as well. Kavanaugh's partner Bobby Sarnavesht and Marc, Heidi, and Dixie D'Amelio will serve as executive producers.

Charli D'Amelio is repped by UTA's Steve Cohen and Kevin Yorn of Morris, Yorn, Barnes, Levine, Krintzman, Rubenstein, Kohner, Endlich & Gellman. Proxima and Kavanaugh are repped by Neil Sacker of Sacker Entertainment Law. F. Javier Gutirrez is represented by UTA's Michael Sheresky and Nick Shumaker of Anonymous Content. Stephen Clark of Lichter Grossman Nichols Adler Feldman & Clark negotiated the deal on behalf of F. Javier Gutirrez.

About Proxima and Ryan Kavanaugh
Founder of Proxima Media, the controlling shareholder of Triller, Ryan Kavanaugh is one of the most accomplished, prolific, and honored executives in entertainment industry history. Using an intelligent financial model of film finance, he was dubbed the creator of “Moneyball for movies.” He produced, distributed, and/or structured financing for more than 200 films, generating more than $20 billion in worldwide box office revenue and earning 60 Oscar nominations. He is the 25th highest–grossing film producer of all time. His productions include Fast and Furious 2–6, 300, Social Network, Limitless, Fighter, Talladega Nights, Step Brothers, and Mama Mia! Kavanaugh and Proxima pioneered an innovative finance deal for post–bankruptcy Marvel, making the studio and finance structure that led to Marvel Cinematic Universe. He built the SVOD (streaming) category with Netflix, which boosted that company's market capitalization from $2 to $10 billion. Kavanaugh is the co–founder of Triller, one of the three fastest–growing creator platforms. He recently led the acquisition, merger, and re–launch of the social media and music app.

He also created the powerhouse television company, now known as Critical Content, producing hit shows like Catfish on MTV and Limitless on CBS, which he sold for $200M. The company had 40 television series across 19 networks before its sale. Kavanaugh has earned several achievements and awards, from Variety's Producer of the Year Award to The Hollywood Reporter's Leadership Award, from Fortune's 40 Under 40 Most Influential People in Business to Forbes' Fortune 400, Billion–Dollar Producer by the Daily Variety and the 100 Most Influential People in the World by Vanity Fair.

About Entertainment Stock Exchange (“ESX”)
Entertainment Stock X (ESX), a first–of–its–kind platform allowing users and fans to invest in film and entertainment projects via the Jobs Act, is an innovative platform for financing entertainment. The company fills the need for new and more efficient financing for filmmakers. ESX allows filmmakers to generate a valuable direct marketing relationship with fans and will enable fans to invest in film for the first time. More information is available on ESX.io

Media Contact

Michelle Vieyra
Jive PR + Digital
202–415–7714
michelle@jiveprdigital.com
www.jiveprdigital.com


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