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TeamSnap Announces New Technology Partnership with NFL FLAG


TeamSnap, the industry-leading sports management platform provider for youth sports, today announced a new technology partnership with NFL FLAG, the official flag football league of the National Football League (NFL) and the largest youth flag football organization in the United States. With a multi-year agreement, TeamSnap Tournaments will serve as the official tournament app of NFL FLAG. NFL FLAG organizes and operates 12 marquee tournaments in partnership with NFL clubs and eight expanded tournaments, NFL FLAG Opens, each year. This includes the NFL FLAG Bowl and NFL FLAG Championships at Pro Bowl which attract hundreds of teams from across the country. NFL FLAG is operated by Reigning Champs Experiences (RCX). TeamSnap is a long-time partner of Next College Student Athlete (NCSA), sister company to RCX. Both businesses are owned by Reigning Champs. “As the NFL FLAG Tournament Series continues to expand, we need the best technology partners to support our growing event infrastructure,” said Garland Cooper, Vice President of Event Operations for Reigning Champs Experiences (RCX). “TeamSnap’s customizable platform allows us the flexibility to create exactly what we need to help NFL FLAG provide a world class flag football experience.” “NFL FLAG is a fun and accessible way to get kids across the country involved in football. TeamSnap is thrilled to provide a comprehensive management solution to support NFL FLAG’s tournaments and scheduling needs,” said Dave DuPont, TeamSnap co-founder and CEO. “Reigning Champs has been a leader in the youth sports industry. We look forward to expanding our relationship by working with RCX and supporting the iconic NFL FLAG brand.” NFL FLAG is a NFL-licensed property of more than 1,600 leagues and 500,000 youth athletes across 50 states. TeamSnap supports more than 24 million users, 3 million unique teams and 19,000 clubs across 100 different sports. ABOUT TEAMSNAP Since its formation in 2009, TeamSnap has been single-mindedly focused on taking the work out of play. 24 million coaches, administrators, players and parents rely on TeamSnap’s powerful and easy-to-use tools for communication, scheduling, payment collection and registration, organizing every sport and group activity in the world. For more information, visit About NFL FLAG NFL FLAG is an NFL-licensed property of more than 1,600 locally operated leagues and over 500,000 youth athletes across all 50 states. NFL FLAG is a fun and accessible non-contact program available for girls and boys ages 5-17. Players benefit by being physically active through non-contact, continuous action while learning the fundamentals of football as well as lessons in teamwork and sportsmanship. Reigning Champs Experiences (RCX) is the official operator of NFL FLAG. About Reigning Champs Experiences Reigning Champs Experiences (RCX) is the premier youth-sports experiences business, running and operating leagues, camps, combines, tournaments and events. Part of Reigning Champs LLC, RCX works with professional leagues, national governing bodies, sports-centric businesses and brands to reimagine youth sports experiences. RCX produces events with world-class partners including the NFL, Jr. NBA, NAIA, and the 2022 World Games. RCX is committed to improving the accessibility and inclusivity of sports by enhancing the youth sports experience and creating opportunities for all athletes to play. We believe sports have the power to transform lives and that every athlete should have the opportunity to experience the value of sports. For more information, visit Contact Details TeamSnap Greg McIsaac +1 416-458-3591 Reigning Champs Experiences (RCX) Lauren Pulte 248-885-2607 Company Website

March 16, 2021 12:00 PM Eastern Daylight Time

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Location-Based Services Innovator GeoSolutions Alleges RICO Violations and Unfair Competition by Weibo Corporation, Sina Corporation, and Others


This is a statement issued by GeoSolutions: "Chinese media conglomerate Sina Corporation (NASDAQ: SINA) and its subsidiary Weibo Corporation (NASDAQ: WB) used their unusually complex corporate structure to steal technology to enhance and monetize their leading “Weibo” social network—a Chinese-based hybrid of Twitter and Facebook. This is according to a new lawsuit filed on March 15, 2021 in a California court. The scheme enabled the Chinese companies to avoid paying rightful revenues to the creators of the software, GeoSolutions B.V. and GeoSolutions Holdings N.V. ( GeoSolutions ), the companies who filed the lawsuit in the Superior Court of the State of California in Santa Clara County. GeoSolutions’ location-based services (LBS) technology is the driving force behind Weibo’s nearly $12 billion market cap. The lawsuit alleges that Sina Corporation (Sina), Weibo Corporation (Weibo), and at least 10 other related entities and two individuals at the top of the organization, carried out an elaborate scheme over several years to pilfer the technology and know-how of GeoSolutions, particularly its effective integration of LBS into social networking. This was done through a series of misrepresentations using subsidiaries and Variable Interest Entities (VIEs) to conceal Sina’s agenda and play a corporate shell game to hide the generated revenue. “As numerous market observers and scholars have maintained, Sina’s complex corporate structure is neither honest nor transparent,” said Adam Fox, lead counsel for GeoSolutions. “Its peculiar corporate structure circumvents the law and hides the truth by design.” Central to the claims in the case is the fact that GeoSolutions entered into a series of agreements with various members of the larger Sina group of companies to allow access to GeoSolutions’ LBS technology and the know-how of its effective use in social networking. Sina then deployed this software on its Weibo platform without paying any remuneration. GeoSolutions has never been paid any compensation from Weibo and alleges that various other Sina companies are also using the LBS technology and claiming it as their own. LBS technology has become essential to most mobile device users. It powers user queries for restaurants or other businesses “near me,” enables “check ins” at a location, tracks packages ordered online, locates your ride-share driver, and much more. This makes it valuable to many companies who want to advertise or offer additional services to consumers. In a prospectus for investors ahead of the Weibo initial public offering (IPO) in April 2014, Sina credited the LBS platform as a substantial means to generate revenue from its Weibo app. Sina now claims it created the platform when in fact it is really GeoSolutions’ technology. Weibo’s market value has grown dramatically since its joint venture with GeoSolutions. At the time of its IPO, Weibo was valued at $3.6 billion. Today its market cap is nearly $12 billion. However, GeoSolutions has never received any compensation from Weibo. “Our experience and engineering know-how allowed us to identify the early market opportunity in mobile location and to invest in developing the GeoSolutions LBS platform. We had a growing client base, operational experience, and the ability to utilize our GyPSii subsidiary. We were extremely well positioned. It made sense that Sina and Weibo saw us as a target," said Jay Cahill, co-founder and general partner at Bluefin Technology Partners and former Vice President of Operations for GeoSolutions. “In the end, deception by Sina and Weibo and the harm it did to GyPSii, GeoSolutions, and our team was devastating. We lost jobs and severances. To see something into which so many of us put years of effort, know-how, and our hearts be so diminished is deeply saddening.” The “sham” corporate structure GeoSolutions alleges in the complaint reflects a series of Chinese VIEs. This case is the first time a United States court has been asked to rule on the legality of this structure, which numerous legal and financial commentators say is used to evade Chinese law that prevents foreign ownership of domestic businesses in certain industries. Some of these commentators also say the VIE structure overstates company assets and exposes investors to underappreciated risks. GeoSolutions claims that Sina used its network of VIEs to steal its technology and hide revenue from GeoSolutions. “Sina used a series of shell companies to hide GeoSolutions’ technology and keep the company from knowing how widely its software was being shared – and monetized – across the labyrinth of Sina entities,” added Fox. “GeoSolutions entered the agreements in good faith. Now the company has lost its intellectual property and its expected stream of income. Most of its employees had to be laid off due to Sina’s greed.” Sina Corporation reports ownership of more than 20 “significant subsidiaries and VIEs,” including Palo Alto-based SINA.COM Online, one of the other defendants. In its own 2019 annual report, Sina admits that its use of VIEs is intended to circumvent Chinese law while exercising (in theory) operational control over the business. In the same report, Sina states that it “cannot be sure that the PRC government would view our contractual arrangements to be in compliance with PRC licensing, registration, or other regulatory requirements.” It is this questionable, and some commentators argue illegal, corporate structure that allowed Sina and Weibo to misrepresent their intentions to GeoSolutions. Impartial third-party experts agree that GeoSolutions’ LBS technology was stolen. In December 2019, a distinguished international arbitration tribunal unanimously ruled in favor of GeoSolutions. Among other things, the award held that Sina Hong Kong Limited, one of many subsidiaries of Sina and also a defendant in this new lawsuit, facilitated the unlawful use of GeoSolutions’ technology. Sina Hong Kong was ordered to pay GeoSolutions damages of more than $115 million, plus interest. The award was limited to damages incurred by GeoSolutions from August 11, 2014 through August 10, 2017, the time period defined in the terms of a 2014 software license agreement. More than a year later, Sina Hong Kong has still not paid the award. This is despite the fact that Sina publicly announced shortly after the ruling that it had set the money aside. The tribunal’s ruling also concluded that “evidence shows that other Sina entities made use of the Licensed Software, had possession of servers on which the software was based, and controlled usage data.” These facts had been hidden from GeoSolutions until December 2018 when they were revealed in testimony compelled from Sina witnesses during the arbitration. The complaint filed by GeoSolutions on March 15 lists six causes of action against Weibo and Sina: 1) Declaratory Relief, 2) Violation of Racketeer Influenced and Corrupt Organizations Act (18 U.S.C. §§ 1961, et seq.); 3) Violation of the Defend Trade Secrets Act (18 U.S.C. § 1836 et seq.); 4) Intentional Misrepresentation; 5) Negligent Misrepresentation; and 6) Unfair Competition (Cal. Bus. & Prof. Code §§ 17200, et seq.). The other entities named as defendants in the suit are part of the web of VIE entities and include SINA.COM Online, Weibo R&D Limited, New Wave MMXV Ltd., Sina Hong Kong Limited, GyPSii (Shanghai) Co., Ltd., Beijing Sina Internet Information Service Company Ltd., Beijing New Media Technology Information Company, Beijing Weimeng Technology Co., Ltd., Sina (Beijing) Information Technology Co. Ltd., SINA.COM Technology (China) Co., Ltd., and individuals Cao Guowei (aka Chao Guowei aka Charles Chao) and Wang Gaofei, respectively the CEOs of Sina Corporation and Weibo Corporation. Among the relief GeoSolutions is seeking are damages for all injuries suffered as a result of the defendants’ conduct, treble damages pursuant to RICO claims, disgorgement of wrongfully obtained profits, and injunctive relief prohibiting the defendants from engaging in the conduct described herein." To view the full complaint, visit About GeoSolutions GeoSolutions Holdings N.V. and its subsidiary GeoSolutions B.V. (GeoSolutions) are the creators of location-based services (LBS) and social networking services (SNS) software, primarily for use on cell phones, laptops, notebooks, and other portable devices. LBS technology allows device users to search for and identify their contacts by location in real time. This functionality pioneered a significant, new functionality to SNS and created a way to monetize social media that is used extensively today across the world’s most popular platforms. For more information, go to Contact Details GeoSolutions Melissa Arnoff kglobal for GeoSolutions +1 301-785-3329 Company Website

March 16, 2021 09:40 AM Eastern Daylight Time

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CMMC Center of Excellence Announces Engagement Agreement with DRAGOS

Interoperability Clearinghouse

The Cybersecurity Maturity Model Certification Center of Excellence ( CMMC COE ), hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public-private partnership serving the public and private sectors for more than 15 years is excited to announce a partnership with Dragos, Inc., the global leader in cybersecurity for industrial controls systems (ICS)/operational technology (OT) environments. This unique partnership will extend efforts to identify and include proven capabilities within the CMMC COE Marketplace to improve cybersecurity protection and resilience for the global defense industrial base network of contractors, vendors, and suppliers. Far too often, the cybersecurity protection and resilience discussion fails to include any true focus on industrial control systems or operational technology. Dragos has a deep bench of expert ICS/OT cybersecurity practitioners committed to helping its customers detect, prevent, investigate and respond to attacks from threat actors. “This is exciting opportunity for us”, said Mr. John Weiler, Chairman of the Board at CMMC Center of Excellence, “This new partnership will further help advance the goals and objectives for improving the supply chain security and resilience of the US Department of Defense (DoD)”. “Dragos believes the adoption of the CMMC model for ICS / OT cybersecurity is a critical step in our mission to safeguard civilization,” said Steve Applegate, Chief Information Security Officer, Dragos, Inc. “We are excited to join the CMMC COE Global Cyber Policy & Governance Working Group and lend our expertise to this vital initiative.” The executed Engagement Agreement establishes a collaborative engagement between Dragos and the CMMC COE to partner in the furthering of their respective and complementary missions and objectives regarding the adoption, use, and expansion of CMMC-based cybersecurity practices, risk management, and compliance for the DIB contractor, vendor, and supplier community of providers creating a broader CMMC ecosystem globally to improve security and resilience. Specific actions will include: Co-sponsor symposiums, training programs and podcasts leveraging their combined cyber and IT expertise. Host regular working groups, with other partners, to enable collaboration and communications. Work across industry, government, and academia to build on CMMC requirements to include and focus on attention to security and resilience of industrial control systems and operational technology. The CMMC-COE and Dragos partnership will focus on bringing together the many disparate cyber and national security communities of interest to reduce complexity, improve awareness, and accelerate industry effort to become more cyber resilient against the growing threats from nation states and criminal enterprises. The CMMC-COE establishes both a Market Place and Knowledge Clearinghouse that will include resources that support the overall effort, including white papers; tutorials; recorded webcasts; presentations; and more that will help reduce the cost and burden on small and medium size contractors already struggling from the impact of COVID. For more information on the CMMC COE, please visit email or call 703-863-3766 About Dragos, Inc Dragos has a global mission: to safeguard civilization from those trying to disrupt the industrial infrastructure we depend on every day. The practitioners who founded Dragos were drawn to this mission through decades of government and private sector experience. Dragos codifies the knowledge of our cybersecurity experts into an integrated software platform that provides customers critical visibility into ICS and OT networks so that threats are identified and can be addressed before they become significant events. Our solutions protect organizations across a range of industries, including electric and water utilities, energy, and manufacturing, and are optimized for emerging applications like the Industrial Internet of Things (IIOT). Dragos is privately held and headquartered in the Washington, DC area with regional presence around the world, including Canada, Australia, New Zealand, Europe, and the Middle East. For more information on Dragos, please visit About Us ---------- CMMC-COE.ORG is a unique non-profit public-private partnership, with a vision to accelerate Cybersecurity Maturity Model (CMM) adoption, and reduce time & cost for security compliance for our partners by leveraging commercial best practices, CMMC standards, and innovative solutions for a measurable success. Our mission, focused on DOD mission objectives, cost containment and expeditious CMMC compliance, is to help the DIB improve cyber posture and resilience, and simplify its acquisition. The CMMC-COE is hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public/private partnership (P3) chartered in 2007 as an honest broker to reach outside the confines of the Federal IT advisories that lack dynamic reach into the Global IT Market, and dedicated to the adoption of commercial IT management standards of practice and innovations emanating from the Global IT market. Team IT-AAC has already demonstrated the value of its decade long investment, and provides a unique value to agencies seeking to achieve accelerate the transformation of legacy processes and systems. Our Just-in-Time SMEs apply an innovative suite of Technology Business Management and Agile Acquisition Processes needed to assure the business value of commercial IT. The Interoperability Clearinghouse (ICH), is the managing partner that make up the 24 NGO/SDO organizations that make up the IT-AAC. ICH provides the contract vehicles, clearances, and critical resources proven to guide sustainable, measurable and repeatable processes needed to drive better investment decisions as the speed of mission need, while aligning existing processes, methods and workforce with IT reform mandates contained in Clinger Cohen Act, FITARA, IT MGT Act, EO13838. Contact Details Bob Dix +1 703-975-6633 Company Website

March 15, 2021 08:00 AM Eastern Daylight Time

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Cloud Conventions 2021 Redefines the Attendee Experience

Convey Services

Engagement will be the big focus of the Cloud Conventions 2021 virtual trade expo, as channel partners and professionals from across the telecom/cloud, mobility, MSP and IT services industries converge one of the largest and most innovative virtual events, May 12-14, 2021. Unlike other industry tradeshows that have failed to deliver attendee engagement and promised sales leads for exhibitors, Cloud Conventions 2021 is built on the next generation virtual event platform that redefines the exhibitor experience to allow companies to provide easy access to in-depth product information, showcase their brand with graphics and videos, create calls to action and generate immediate sales leads. "Everyone had to quickly pivot to virtual events in 2020, but there was a lack of focus on motivational design that resulted in boring, uninspired attendee experiences,” said Carolyn Bradfield, CEO of Convey Services, the platform provider for Cloud Conventions 2021. “Virtual events often deliver a stream of self-promoting webinars packaged and sold as a virtual event, when they’re really just a bunch of webinars. Cloud Conventions 2021 provides one of the most unique vendor showcase environments, coupled with content devoted to business strategy and opportunities for attendees to connect with their peers and exhibitors. Effective events need to inform, educate and engage, not just lecture. We keep attendees engaged and interested, connect them to others and give all parties a return on investment for both their time and money.” Under the umbrella of Community™, Convey’s suite of proprietary engagement tools, attendees have searchable attendee and exhibitor directories, access to discussion forums and a way to filter results to find the best match. Coupled with a message center to organize communications, booths feature one-on-one text chat along a one-click links to enter a live video discussion with booth staff. “2020 was a learning experience for everyone in what audiences expect from a virtual event,” added Bradfield. “We have to elevate our game in 2021 as tradeshows and conferences continue to have a virtual or hybrid component. Cloud Conventions 2021 makes the most of the virtual event platform powered by Convey Services. It incorporates motivational design to turn attendees and exhibitors into active participants. Attendees are invited to engage in forums, roundtable discussions, participate in networking events, register for prizes and access live or on-demand content.” Cloud Conventions 2021 is co-sponsored by TR Publications and managed by the MCI Group. MCI Group is committed to growing the Cloud Conventions 2021 event and returning in the spring of 2022 with a live and hybrid industry expo. Attendance at Cloud Conventions 2021 is free to qualified industry professionals. Exhibitors and attendees can sign up at Cloud Conventions 2021. The Cloud Conventions 2021 expo is hosted and managed on the industry-leading Cloud Conventions virtual event platform, powered by Convey Services. About TR Publications TR Publications reaches 50,000 telecom/cloud professionals from across the communications delivery community: enterprise end users, channel partners, MSPs, carriers and CLECs. It is the only publication that penetrates deeply into the core UC markets, both channel and IT management: 37,000 readers monthly by hard copy, 1,800 readers daily by online, 13,000 readers every week by eBulletin, 2,500 listeners each week by podcast. Channel readership represent the twelve largest OEM and solution providing communities, together reflecting 96% of all UC sales by revenues on equipment, services, premises, hosted, software solutions and other platforms.  About MCI Group MCI is a global engagement and marketing agency. We design human-centric solutions that unleash the power of people to deliver innovation and growth for our clients. Our offering includes live & virtual events, strategic & digital communications, consulting & community solutions. We help brands, companies, associations and not-for-profits solve their challenges, bringing their people together to shape their tomorrow. MCI is an independently owned company headquartered in Geneva, Switzerland, with a global presence in 60 offices across 31 countries.   About Cloud Conventions Cloud Conventions is a Virtual Trade Show and Conference Platform from Convey Services that brings new capabilities to a marketplace looking for solutions to replace the thousands of live trade shows, annual conferences and association meetings cancelled in the wake of COVID-19. Cloud Conventions automates exhibitors and virtual booths, attendee registration, speaker sessions and reminders, invitations and email communication, while at the same time producing detailed analytics on attendee, session and exhibitor activity.  Trade Associations and event managers can explore all of the Cloud Conventions solutions by visiting  or contacting or call 888-975-1382. Contact Details Convey Services Bruce Ahern +1 770-580-0810 Company Website

March 10, 2021 02:15 PM Eastern Standard Time

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Velocity Global Report: Tech companies push remote work global

Velocity Global

65% of U.S. companies will increase or maintain global remote workforces this year 61% of U.S. companies to increase or maintain domestic remote teams Growth companies compete with enterprises for global talent Technology companies seek more global remote talent as a result of COVID-19 according to a new report from Velocity Global, the leading provider of global expansion solutions. Responses from 1,000 U.S. and UK tech company decision-makers highlight that 65% of U.S. tech companies and 46% of UK tech companies will maintain or increase their global remote workforce this year. “The global pandemic forced the biggest workforce shift in modern history as businesses adopted remote work en masse overnight, and the changes are permanent,” said Velocity Global founder and CEO Ben Wright. “The worker fundamentally separated from the workplace, including transcending borders. Companies now use the tech tools and manage remote teams almost exclusively. The comfort level rose in 2020 and companies seek top talent around the world like never before.” Remote Work By the Numbers The switch to remote work in response to the pandemic inspired lasting change for tech companies to seek and employ talent outside of their headquarters or employee centers. Remote work at home. Tech companies immediately enabled work from home with the onset of the pandemic. With the tools in place, 61% of U.S. tech companies and 52% of UK tech companies intend to maintain or increase a domestic remote workforce. Scale aids global remote shift. Of the U.S. tech companies (65%) and UK tech companies (46%) with plans to maintain or increase a global remote workforce, large companies lead the charge. However, smaller companies are not far behind. 34% of tech businesses with more than 500 employees are more likely to hire remote workers overseas 27% of companies with 200-500 employees 21% for companies with 100-199 employees 10% for companies with fewer than 100 employees “The global scale of the pandemic forced large enterprises to invest in remote work at scale, but smaller companies are positioned to accelerate the trend going forward,” added Wright. “Growth companies are built with agility to compete with larger companies in all facets of business, and these numbers indicate they must compete for top global talent. That competition forces businesses of all sizes to hire quickly and compliantly in any global market.” Benefits of a Remote Workforce The shift to remote work increases productivity, supplements the bottom line, and engages employees. Employee preference. 74% of U.S. employees prefer to work from home at least two days per week once COVID-19 is no longer a concern, according to a PwC survey this year. Nearly a third (29%) prefer to work remotely five days per week. In the UK, only 7% of UK workers want to return to the office following pandemic restrictions, according to leading international research data and analytics group, UK YouGov. Improved productivity. More than half (52%) of executives in the PwC research report an increase in productivity for remote teams during the stress of the pandemic. Culturally diverse teams earn better returns. Geographically dispersed teams bring diversity of culture, race, and ethnicity. Companies that rank higher in diversity are 35% more likely to see above-average financial performance in their industries, according to longstanding research by McKinsey & Company. Access to skilled talent. Access to the global talent pools allows companies to hire the best candidate for the position, not the candidates closest to the office. Increased recruitment and retention. Remote work improves recruitment and retention for employers. A recent LiveCareer study of remote employees during the pandemic found that 62% stated that in the future they will give preference to employers who offer remote work; while 29% said they will leave their current job if they are not allowed to continue working remotely. Lower costs. A company can save tens of thousands of dollars annually per remote worker who telecommutes half of the time. Last year Global Workplace Analytics found that companies identified real estate savings with full-time telework to equal $10,000 per employee (annually). That research points to companies like Sun Microsystems that saves $68 million annually in real estate costs due to its telecommuting policy. “The benefits of a global remote workforce span business metrics from the employee experience to the bottom line, which go hand in hand” said Wright. “The past year introduced a widespread benefit to employees - work from anywhere. Spend more time with family or friends, save time and money on a commute, live anywhere and get a job in any market. When that benefit matches increased productivity, retention, and lower costs businesses must move quickly to implement remote teams on a global scale or risk losing talent to competitors.” Download the complete infographic here. Methodology Velocity Global surveyed 500 U.S. and 500 UK decision-makers from companies with 50-1,000 employees, focused on the IT, software, hardware, and technology industries. Respondents are director level and above, including C-suite, in the following job functions: business development, legal and business management, finance, operations, and HR. Independent survey consultant, Censuswide, conducted the research. ABOUT VELOCITY GLOBAL Velocity Global helps companies grow globally. Founded in 2014, Velocity Global’s clients rely on its expertise and global infrastructure in 185 countries to hire compliantly around the world, increase revenue, scale efficiently, and access global talent. Named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall, Velocity Global is a strategic partner to its clients with comprehensive services led by its core offering of International PEO as well as Immigration, Entity Setup and Support, Global Talent Acquisition, and Consulting. Velocity Global is headquartered in Denver, Colorado, with regional headquarters in Amsterdam and Singapore, and local employees in 14 countries. Contact Details Velocity Global John Hall +1 720-650-4348 Company Website

March 10, 2021 07:01 AM Mountain Standard Time

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SFAA Strongly Supports Bill Providing Essential Protections on All Federally Financed Projects Receiving TIFIA Funds

The Surety & Fidelity Association of America

The Surety & Fidelity Association of America (SFAA) commends Senator Chris Van Hollen (D-MD) Senator Mike Rounds (R-SD), Congressman Stephen Lynch (D-MA) and Congressman Troy Balderson (R-OH) for the introduction of the “Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act.” This legislation provides essential protections for workers, suppliers and contractors by requiring payment protection on federally financed infrastructure projects receiving Transportation Infrastructure Finance and Innovation Act (TIFIA) loans, including public-private projects (P3s). “Bonding TIFIA-financed P3 projects will protect taxpayers’ dollars, ensure project completion, protect local small business contractors and workers, and promote economic growth,” said Lee Covington, president and CEO of the Surety and Fidelity Association of America. “TIFIA should be modernized to include the same payment and performance requirements that protect all other federally funded infrastructure projects.” P3 projects have increased in popularity over the years, however the lack of clarity for requiring payment and performance protections on P3 projects can force taxpayers to absorb additional costs of rebidding a project, and subcontractors and workers are often left unpaid for extended periods of time if the contractor defaults. By ensuring a bond requirement, P3 projects will offer the same payment and performance protections that have been in place on public infrastructure projects, protecting our nation’s construction industry and taxpayers alike. “Construction is a risky business, and for over 100 years, the federal and state Miller Acts have protected against the risk of loss by requiring payment and performance bonds,” continued Covington. “SFAA looks forward to working with Congress, on a bipartisan basis, for the passage of this essential bill.” A list of co-sponsors organizations and additional information can be found here. ### The Surety & Fidelity Association of America (SFAA) is a trade association of more than 425 insurance companies that write 98 percent of surety and fidelity bonds in the U.S. SFAA is licensed as a rating or advisory organization in all states and it has been designated by state insurance departments as a statistical agent for the reporting of fidelity and surety experience. Contact Details SFAA Peter Roth +1 703-401-0676 Company Website

March 10, 2021 08:45 AM Eastern Standard Time

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The Big Business of Esports


Esports have burst into the mainstream in recent years, transforming from a vibrant niche to a central form of entertainment around the world. Last year, there were more than 1.2 billion hours of esports consumed, with audience numbers expected to double by the year 2023. Sponsors have taken notice. Verizon’s recent sponsorship deal with Riot Games, maker of popular game League of Legends, is just another indication that esports is here to stay. Recently, Naz Aletaha, Head of Global Esports Partnerships & Business Development at Riot Games, participated in a nationwide satellite media tour to discuss the rise of Riot Games’ esports titles globally. A video accompanying this announcement is available at: Riot Games announced that two of its biggest esports events of the year will take place back-to-back this May in Reykjavík, Iceland. Additionally, as Riot Games continues to expand its esports footprint, the company has expanded its partnership with Verizon as the Official 5G Partner, supporting both LoL Esports Global Events and VALORANT Esports. This partnership just serves as the latest iteration of Verizon’s consistent support of Riot’s esports business. Since 2020, Verizon has been the Official 5G wireless network provider for the League Championship Series (LCS), providing support for LCS through original video content and in-broadcast sponsored segments. Their support extended to VALORANT First Strike: North America, the first official tournament for Riot's premier tactical shooter, as well as The Wild Rift Invitational - the world’s first Wild Rift esports event featuring LCS players and celebrities. Fans can follow @lolesports on Twitter and visit for more info on MSI, including a list of qualified teams and broadcast schedule. The latest information about Masters 2 and the VALORANT Champions Tour can be found at @valorantesports and Naz Aletaha: As head of global esports partnerships at League of Legends publisher Riot Games, Aletaha has helped take esports from a niche competition to the fastest-growing global sport, drawing interest and investment from the traditional sports and entertainment industries. Aletaha has secured sponsorship agreements with some of the most valuable world-class brands including Louis Vuitton, Red Bull, State Farm, and Mastercard, as well as the single biggest media-rights agreement in the history of esports. The first-generation daughter of Iranian immigrants, Aletaha applied her passion for gaming and entertainment at Sony Motion Pictures and Activision prior to her current role at Riot Games. About LoL Esports™: LoL Esports is a premier global sport that has attracted the attention of millions of fans around the world since 2010. More than 800 players on 100+ professional League of Legends esports teams compete across a dozen leagues globally. Within each regional league, teams compete against one another over the course of two seasonal splits in hopes of earning regional titles and championship points. Regional placements and championship points are used to qualify teams for the two major international competitions: the Mid-Season Invitational and the World Championship (known as Worlds). To close out a season, fans vote for their favorite players from each league to attend the All-Star Event where players enjoy a weekend of friendly competition. For further information, visit: and About the VALORANT Champions Tour: After a record-breaking closed beta that saw more than 1.7 million peak concurrent viewers on Twitch, VALORANT quickly established itself as the fastest growing esport of 2020. To support the competitive scene, Riot Games launched the VALORANT Champions Tour, a year-long, global circuit featuring three levels of competition: Challengers, Masters, and Champions. Teams compete through regional Challengers events, then qualify into international Masters events, with the goal to earn a spot at Champions, a two-week long tournament where one team is crowned the VALORANT Global Champion. The season-long competition tour will feature competitions in North America, South America, Europe, Asia, and Australia. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727

March 09, 2021 03:00 PM Eastern Standard Time

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DistroScale Breaks the Barrier to Entry for Streaming TV Channel Creation, Monetization, and Distribution with New DistroTV Platform Services™


DistroScale, a leading media technology company with the industry’s most comprehensive video platform for webs, apps, and streaming, today announced its new DistroTV Platform Services™ unit, aimed at publishers, content creators, video libraries, brands and agencies. This new offering significantly lowers the barrier to market entry for any media brand interested in creating, monetizing, and distributing its own streaming TV channel. “Channel creation used to only be accessible to content owners with big budgets and infrastructure,” said Navdeep Saini, co-founder and CEO of DistroScale, parent company to DistroTV. “Given how quickly streaming evolved from a niche to a standard media consumption platform, we saw a need to create a solution that would reduce any perceived cost, complexity, and risk barriers that were preventing media brands from making the leap to OTT.” With no upfront fees, DistroTV Platform Services offers a comprehensive range of tools necessary to develop and execute successful streaming video platforms, from technical infrastructure and curation to monetization and distribution. 40-plus content brands have piloted the new Platform Services offering including Black Enterprise, which turned to DistroTV Platform Services to transform and monetize its video library into its first ad-supported streaming channel, as well as partners Us Weekly, Lone Star, Best of British TV (BoB TV), Pinoy Box Office (PBO), and more. The new business-to-business unit complements the company’s consumer-facing DistroTV platform, the leading, independent FAST (free, ad-support streaming TV). DistroTV’s growing, multicultural content lineup targets a diverse lineup of independent programming for passionate viewers in the US, Canada, and the UK. DistroTV provides today’s brands an opportunity to build a direct-to-consumer relationship with DistroScale and its network partners. Since its launch in 2019, DistroTV has seen rapid growth concerning its breadth of content and global audience figures. In the last six months, viewership quadrupled and total watch time multiplied eight times over. The platform focuses on building a robust network that delivers news, entertainment, music, sports, and lifestyle programming to audiences globally. “We bring expertise and efficiency to our approach, so that content companies no longer have to invest millions to be ‘streaming-ready’,” said Saini. “Our business model is unique and rooted in a solid and continuously improving technical infrastructure. We assume the risk so our content partners and brands can focus on leveraging our platform to execute their audience objectives. Extending our platform to put the power of streaming in reach of more voices and more content partners is a big part of our mission and equally a big part of why we have built the largest truly independent streaming TV service. Our diverse content line-up resonates with audiences who can’t find what we offer on any other platform.” Through Platform Services, interested media companies, publishers, content creators, video libraries, and brands and agencies can: Create and build a streaming TV strategy. Build, manage, and program linear and VOD streaming channels with a full-featured, cloud-based platform that is both easy to use and affordable. Monetize with dynamic ad insertion technology. This allows media companies, creators, and brands to simply leverage advertising demand and earn revenue from the DistroScale Marketplace, or run their own advertising. Opt for syndicated distribution. DistroTV offers syndicated distribution to make it easy for channel partners to reach tens of millions of new users, with a flexible cost structure that saves thousands as compared to similar services. To learn more on DistroTV Platform Services, visit here. To become a DistroTV viewer, visit or install DistroTV on Roku, Amazon Fire TV, Apple TV, iOS or Android. About DistroTV DistroTV is the largest, independent, free, ad-supported streaming television service on the market. Launched in 2019 by parent company DistroScale, the platform caters to a multicultural, rapidly expanding, globally-minded audience of passionate viewers in the US, Canada, and UK. Satisfying the growing demand for premium video content in multiple languages, DistroTV delivers premium video content from producers globally across North America, the UK, Bollywood, Latin America, China, Southeast Asia, and growing. With more than 150 channels plus thousands of Video on Demand (VOD) shows, DistroTV cultivates content that covers a broad spectrum of topics to connect with people’s passion points around Entertainment, Lifestyle, Sports, News, Documentaries and International Content in live, linear and video-on-demand formats. DistroTV is available on the web, as well as through Roku, Amazon Fire TV, Apple TV, and iOS and Android devices. About DistroScale DistroTV is the first direct-to-consumer offering from DistroScale, a technology company founded in 2013 and known for providing a global clientele of thousands of media properties with the industry’s most comprehensive video platform for web, apps, and streaming. DistroScale is an all-in-one solution providing infrastructure, content delivery, curation, analytics and a full suite of monetization options. Video enabled by DistroScale reaches more than 250 million visitors per month. The company is headquartered in San Francisco, CA. To become a DistroTV viewer, visit More information on DistroScale & DistroTV is available at Contact Details Kite Hill PR Mackenzie Gavel +1 631-739-5716 Company Website

March 09, 2021 09:00 AM Eastern Standard Time

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Statement from Nick Desai: Co-Founder of Heal

Nick Desai

The following is a statement from Nick Desai, Co-Founder of Heal: " It's with great sense of appreciation and high hopes for the future that I announce I've stepped down as CEO of Heal. As I catch my breath from Heal, I am thinking about who's going to create the healthcare solution that is used not by 100,000 or one million, but rather 100 million Americans. In the six years of building Heal and my 30+ year professional career, I know more than anything that education and equal access - especially to Americans who are economically or demographically disadvantaged, ethnic minorities and others who struggle with getting even the most basic healthcare - are desperately needed and my hope is to help improve access to innovations and information that will help them, most of all. It was recently reported that 85% of telehealth users come from households with an income over $150,000 - meaning much work remains in creating truly accessible, effective solutions that are equally and easily available to those who need it most. As of now, I am an entrepreneur again. And, of course, I am an enthusiastic supporter of Heal, its team and mission. I am incredibly proud of what my wife and Co-Founder, Renee, and I built at Heal. We transformed healthcare with innovat ive solutions like doctor house calls, one-touch telehealth and upfront price transparency, that enable better healthcare for all. Looking back and seeing things we invented as industry standard best practices is very gratifying. While my role as CEO has been passed on to my successor Scott Vertrees, Renee remains the Chief Medical Officer of Heal and driving force of Heal's continued innovations and of the excellent, life-changing patient care Heal delivers every day. More than the awards Heal won, or the investors I brought to Heal, such as Lionel Richie, Fidelity, Breyer Capital and Humana, or the 250,000 patients we have served, I am most proud of the dozens of letters, postcards and emails from everyday Americans saying we saved the lives of their parents, kids and loved ones. Thank you to everyone who's contributed to the growth and success of Heal. Looking back, I can barely imagine we went from Renee and I going house to house to Heal being available to nearly 150MM Americans in 11 US States. I look forward to the future and know Heal will continue to do great things as I focus on helping solve more problems impacting healthcare in America." Contact Details NRPR Group Nicole Rodrigues +1 424-421-9610

March 09, 2021 05:00 AM Pacific Standard Time

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