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NAFA Names the 2024 100 Best Fleets in the Americas at its Annual Institute & Expo

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, today announced the 100 Best Fleets in the Americas for 2024. NAFA’s 100 Best Fleets in the Americas program recognizes peak-performing public and commercial fleet operations, as well as the Fleet Professional and Fleet Technician of the Year. The winners were announced this morning during NAFA’s annual Institute & Expo (I&E) in San Antonio. This contest aims to cultivate industry pride, enhance visibility within the fleet community, improve productivity and operational efficiency, and inspire individuals to pursue careers in fleet operations. Originally conceived by the late fleet industry advocate Tom Johnson, this contest is now in its 25th year running. “The 100 Best Fleets contest plays such an integral role in the NAFA community,” says Mike Camnetar, CAFM, NAFA Board President. “These awards showcase the outstanding achievements and leadership within our industry. We commend these fleets and individuals for their dedication to excellence and innovation, and we look forward to seeing what they accomplish in 2024.” The 2024 winners for each of the following categories: Best Public Fleet: Dakota County Fleet Management, MN Best Commercial Fleet: Essential Utilities Fleet Professional of the Year Award: Kenny Stimson, Carvana Fleet Technician of the Year Award: Curtis Mullins, City of Round Rock, TX The full list of the 2024 100 Best Fleets in the Americas can be found here https://www.nafa.org/100-best-fleets-2024/. The 100 Best Fleets Program Sponsors include Agile Fleet Management Solutions, AssetWorks, Fleet Worthy Solutions/Bestpass, Fuel Force, Geotab, Pure Forge Brakes, the NC Clean Energy Technology Center, RTA, Samsara and Toyota Fleet. NAFA is excited to host a 100 Best Webinar Series and Regional Roundtable events throughout 2024. Webinar attendees will have the opportunity to learn from the 100 Best fleet winners and leaders, discover the top five success trends for 2024 and understand what actions these top fleets have taken to become a 100 Best fleet. Attendees will walk away with initiatives and action steps they can immediately implement within their fleet. To register for this webinar series, visit: https://www.nafa.org/events/100-best-fleets-webinars/ To learn more about NAFA, visit: https://www.nafa.org/ NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

April 24, 2024 12:44 PM Eastern Daylight Time

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Shareholder to Return to Berkshire Hathaway Annual Meeting One Year After Arrest in Omaha

NLPC

As the annual meeting for Berkshire Hathaway Inc. on May 4 in Omaha approaches, National Legal and Policy Center Chairman Peter Flaherty plans a return to the same stage where last year, while presenting NLPC’s shareholder proposal, Warren Buffett cut off his speech and Flaherty was arrested. Trumped-up charges against Flaherty were later dropped. NLPC has another proposal on Berkshire’s 2024 proxy statement and Flaherty is scheduled to speak on the measure for his allotted five minutes. The nonprofit corporate watchdog released a short video that briefly recounts last year’s incident and points out Mr. Buffett’s contradictory positions on how he manages shareholder meetings. The video may be found on NLPC’s website: https://nlpc.org/corporate-integrity-project/video-nlpc-returns-to-berkshire-hathaway-annual-meeting-one-year-after-chairmans-arrest/ The video highlights a past statement Mr. Buffett made to CNBC. Responding to an interviewer’s question about Berkshire allowing investors who attend the popular annual meeting to ask any question they want, Mr. Buffett responded, “We’ve got a partnership feeling toward the people who have given us their money, and we don’t screen ‘em, and they can ask whatever’s on their mind.” However, last year Mr. Buffett made an exception to that principle when Peter Flaherty – during his official remarks presenting NLPC’s shareholder proposal, which was on the meeting agenda – brought up Mr. Buffett’s relationship with billionaire Bill Gates, their shared philanthropic efforts, and Mr. Gates’s troubling relationship with deceased pedophile Jeffrey Epstein. At that point, Flaherty’s microphone was silenced, and security and Omaha law enforcement forcibly walked him out of the arena and to a local police precinct, where he was arrested, booked, fingerprinted and held for about three hours. As NLPC argued last year in a report to the Securities and Exchange Commission, Berkshire’s identity is inextricably linked with Mr. Buffett’s. As such, his philanthropic activities and personal associations are fair targets for criticism, unlike those of nearly any other corporate Chairman/CEO. NLPC also filed a complaint with the SEC late last year over Berkshire’s inappropriate treatment of Flaherty at the meeting. “Warren Buffett boasts that shareholders can ask questions on any topic they desire, but I guess that doesn’t include questions about Bill Gates or Jeffrey Epstein,” Flaherty said. This year’s shareholder proposal addresses concerns about Berkshire’s risk vulnerabilities over the amount its sales and supply chain depend on China. Subsidiaries such as Duracell and Fruit of the Loom, and significant investments such as Apple and Coca-Cola, substantially depend on access to the communist nation. NLPC also filed a proxy memo with the SEC in support of this year’s proposal. The video released by NLPC concludes by wondering if Mr. Buffett will keep his word, and let all Berkshire investors say “whatever is on their mind.” For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

April 24, 2024 09:00 AM Eastern Daylight Time

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NAFA's 2024 Institute & Expo General Session Delivers Insights and Strategies for Fleet Management's Future

NAFA Fleet Management Association

Today NAFA Fleet Management Association (NAFA) held the highly anticipated General Session at its 2024 Institute & Expo (I&E) in San Antonio, featuring a dynamic panel with esteemed OEM leaders and a compelling industry update with Ted Cannis, CEO of Ford Pro. "Today’s General Session at I&E provided attendees with unparalleled insights and strategies to navigate the ever-evolving landscape of fleet management," said Bill Schankel, CAE, CEO of NAFA. "From Ted Cannis’ enlightening industry update to the engaging discussions during the OEM Panel, our attendees gained invaluable perspectives to drive innovation and success in their respective fields." In his keynote address titled "Ford Pro – Our Learnings: Grow Productivity, Reduce Risk," Ted Cannis provided attendees with critical insights into the future of fleet management. As the CEO of Ford Pro, Cannis leads a global team dedicated to delivering comprehensive solutions to government and commercial customers, focusing on accelerating productivity, improving uptime and lowering operating costs through connected services and work-ready gas and electric vehicles. Following Cannis’ address, NAFA hosted a dynamic OEM Panel Discussion. Distinguished leaders from Toyota, Stellantis, GM Envolve and Ford Pro engaged in a robust discussion about the automotive industry's next phase of evolution and its profound implications for every driver, fleet and road. Panelists included Tom DeLuise from Toyota, Eric Swanson from Stellantis, Robert Wheeler from GM Envolve, and Greg Wood from Ford Pro. Attendees left today’s General Session feeling empowered, inspired and ready to take on the fleet industry. This session, and the entire I&E schedule, highlight NAFA’s commitment to delivering exceptional educational content and networking opportunities for fleet professionals worldwide. For more information about NAFA and its upcoming events, please visit www.nafa.org NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

April 23, 2024 11:30 AM Eastern Daylight Time

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Wolfram and Classiq Integrate Advanced Quantum Software Tools into Mathematica

Classiq Technologies

In a landmark collaboration, Classiq, a leader in quantum computing software, and Wolfram Research, the leading computational software provider, announce a software partnership. This collaboration integrates Classiq’s cutting-edge engine within Wolfram Mathematica, offering a unified solution for the development of quantum and classical algorithms. This integration is targeted at enabling users to leverage the robust capabilities of Wolfram Mathematica for algorithm development and utilize Classiq’s Quantum Model (QMOD) language for quantum algorithm development—all within a single, cohesive environment. This blend of technologies empowers users to define, visualize and optimize quantum algorithms with unprecedented ease and efficiency. Key features of this collaboration are the facilitation of Classiq’s quantum algorithm compilation tailored to specific quantum hardware and ability to intricately develop quantum circuits from a high-level overview down to detailed gate operations. The integration further allows for the execution of these quantum circuits across a diverse array of backends and simulators, directly within the Mathematica notebook. This integration supports researchers by enhancing analytical capabilities, enabling continuous exploration and data assessment. As an example of the potential of this collaboration, the Quantum Differential Equations solver exemplifies how users will be able to tackle complex challenges by defining and executing quantum algorithms like the Harrow–Hassidim–Lloyd (HHL) algorithm and Quantum Singular Value Transformation (QSVT) for matrix inversion, directly from the Mathematica interface. This application highlights the power of combining classical computational methods with quantum processing to solve complex computational problems more efficiently. “The partnership between Classiq Technologies and Wolfram Research reflects a shared commitment to advancing computational excellence,” said Nir Minerbi, CEO of Classiq. “This collaboration not only enhances the toolset available for researchers and developers, we hope to see it pave the way for groundbreaking applications across various scientific and engineering disciplines.” "In the pursuit of applying quantum technologies to address real-world challenges, robust collaboration among industry leaders is paramount. We are delighted to unveil our strategic partnership with Classiq," remarked Mads Bahrami, quantum projects manager at Wolfram. "This partnership underscores the dedication of both entities towards crafting toolsets that empower governments, industries, and academia to tackle complex problems through quantum-classical algorithms." The companies invite those seeking to combine the best of quantum and classical computation to reach out and explore the possibilities this computation integration brings. About Wolfram Founded by Stephen Wolfram in 1987, Wolfram Research is one of the world's most respected computer, web and cloud software companies - as well as a powerhouse of scientific and technical innovation. As a pioneer in computation and computational knowledge, Wolfram has pursued a long-term vision to develop the science, technology and tools to make computation an ever-more-potent force in today's and tomorrow's world. As the creators of Mathematica, Wolfram|Alpha, the Wolfram Language, and Wolfram Quantum Framework, Wolfram is the leader in developing technology and tools that inject sophisticated computation and knowledge into everything. Wolfram's strategy as an organization is to maintain a portfolio of development, from continually strengthening core algorithms and the Wolfram Knowledgebase, to supporting the latest computing and deployment architectures, to developing major new concepts and capabilities - and consistently delivering the results in the form of products, services and experimental initiatives that make breakthrough technology accessible to the broadest possible spectrum of people and organizations. Learn more at: https://wolfr.am/QuantumConsulting https://www.wolfram.com/quantum-computation-framework/ Follow Wolfram on LinkedIn, X, and YouTube. Contact Wolfram quantum team: quantum@wolfram.com Contact Wolfram PR team: outreach@wolfram.com About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing platform (IDE, compiler and OS) with a single point of entry into quantum computing, taking you from algorithm design to execution. The high-level descriptive quantum software development environment, tailored to all levels of developer proficiency, automates quantum programming. This ensures that a broad range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of quantum physics. Classiq democratizes access to quantum computing and equips its users to take full advantage of the quantum computing revolution, including access to a broad range of quantum hardware. Classiq's core technology - algorithmic quantum circuit compilation - is engineered to power the quantum ecosystem of today and the future. Classiq works closely with quantum cloud providers and advanced computation hardware developers providing software for use with quantum computers, HPC and quantum simulators. Backed by investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq's world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking quantum engine. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, and visit the Slack community and website, www.classiq.io to learn more. Contact Details Rainier Communications Michelle McMahon +1 781-718-3248 classiqPR@rainierco.com Company Website http://www.classiq.io/

April 23, 2024 08:00 AM Eastern Daylight Time

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NAFA's 2024 I&E Media Day Unveils Cutting-Edge Fleet Innovations & Insights

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, today held a Media Day event at its annual Institute & Expo (I&E) in San Antonio, TX. At Media Day, over a dozen leading companies shared breaking news, innovations and other important announcements with industry reporters and publications in back-to-back press conferences. Media Day provided a unique opportunity for companies to showcase the latest developments in the fleet industry. Participants showcased a range of industry advancements in data analytics, safety technologies, electrification and more. "We were thrilled to bring Media Day back again at I&E this year,” said Bill Schankel, CAE, CEO of NAFA. “The product launches and exciting announcements made during Media Day are a testament to the fleet industry’s dedication to progress. These cutting-edge technologies, solutions and insights set the course for a more connected and efficient future.” Below is a look at the breaking news presented during NAFA’s I&E Media Day 2024: Draiver (Booth #1323) Presented by Federico Ranero, CEO Draiver presented new advanced-AI products. The company unveiled an all-in-one Command Center for total vehicle inventory management, as well as the new Draiver Driver app with cutting-edge tech features like Vehicle Inspection and Self Assign designed to increase valuable uptime. Ranero positions the innovations as the future of vehicle delivery. National Institute for Automotive Service Excellence (ASE) (Booth #1322) Presented by Donna Wagner, Vice President of Media and Industry Relations ASE presented preliminary results of its engine repair survey; commissioned to identify repair tasks technicians perform most frequently. 72% of respondents are currently A1 certified or were in the past and 76% hold one or more ASE A2-A8 automotive certifications while a majority of respondents hold each of those respective certifications. MoveEV (Booth #1523) Presented by Dave Lewis, Founder & CEO MoveEV unveiled its first marketplace add-in for the MyGeotab® Product, designed for Geotab-enabled fleets with EVs enrolled in MoveEV’s home charging reimbursement program, ReimburseEV™. The add-in connects Geotab and ReimburseEV™, allowing users to view any car’s home charging and reimbursement history without leaving the Geotab environment. GreenPower Motor Company (Booth #440) Presented by Brendan Riley, President GreenPower announced a new all-electric commercial vehicle product, the EV Star Utility Truck, purpose-built and customizable for vocational applications and workloads. The EV Star Utility Truck joins GreenPower’s EV Star Cab & Chassis commercial vehicle family as the 10th truck body upfit solution manufactured by GP Truck Body. RoadFlex (Booth #2033) Presented by Rush Akin, Chief Revenue Officer RoadFlex presented the launch of its Proactive Fuel Risk Management Platform™: an AI-powered fleet expense management solution that saves fleets an average of 11% in fuel costs. RoadFlex is redefining fuel cards and fuel management. It leverages advanced spending controls, telematics integrations and eliminates card misuse and fuel fraud. Feal Ramp (Booth #1145) Presented by Marat Shterenberg, US Sales Director Feal Ramp announced a cutting edge aluminum loading ramp, crafted from military grade aluminum. The ramp includes a no-drill universal installation and a patented double hinge transition plate to streamline the loading and unloading of goods, increase efficiency, ensure stability and prevent accidents. GPS Trackit (Booth #2123) Presented by Jeff Alsop, Sr. Director of Indirect Sales GPS Trackit announced VidFleet WiFi Hotspot, a groundbreaking enhancement that transforms its VidFleet dash cams into high-speed Wi-Fi hubs, extending connectivity beyond the dashboard. In tandem, they introduced Driver Safety Assistance for all dash cams, providing drivers with instant audible coaching for improved safety and driving habits. Fleetio (Booth #1149) Presented by Shay Misra, Sr. Product Marketing Manager Fleetio announced an expansion to its payment options for third-party maintenance with Fleetio Pay Debit, an innovative payment solution. Customers will be able to efficiently and securely manage transactions using physical and virtual Visa debit cards, ensuring complete control over financial activities. Merchants Fleet (#Booth 641) Presented by Lisa Drake, Assistant Director of Fleet Electrification Merchants Fleet announced they’ve secured $1.4 million in grants and incentives for clients’ electrification initiatives, a strategic move designed to accelerate fleet electrification throughout North America. Leveraging deep expertise in navigating the complex funding process, Merchants is empowering clients with specialized guidance and support to help to identify and apply for crucial funding. Fleet Complete (Booth #1732) Presented by Frank Friesacher, Chief Product Officer Fleet Complete presented an exciting step forward in fleet electrification for mixed fleets by making the transition to OEM EVs even simpler. With its advanced support for OEM connected electric vehicles (EV), the global IoT leader continues to demonstrate its commitment to offering mixed fleets with more efficient fleet management solutions. FreightMiner (Booth #1632) Presented by Al Houry, Founder & CEO In partnership with Insight Autonomy, FreightMiner revealed technology for fleets that eliminates endless costs and time spent on driver training and collision repairs. This technology makes trucks safer to drive… anywhere, all year long. It installs on existing fleets, alerts drivers about surrounding obstacles, keeps fleet vehicles in their lane and prevents collisions. Shell Fleet Solutions (Booth 1256) Presented by Jim Perkins, Director, Shell Fleet Solutions US Shell Fleet Solutions, with WEX, shared the news that its Shell Fleet Navigator® Card will soon offer integrated payments for both fuel and EV on-the-go charging, giving flexibility to internal combustion engine (ICE) and electric vehicle (EV) hybrid fleets. The new feature will allow ICE vehicles to fuel up at 95% of U.S. gas stations, while EVs can utilize charging stations on the WEX network nationwide. Teletrac Navman (Booth #1833) Presented by Carlos Caponera, Chief Marketing Officer Teletrac Navman announced enhanced AI-powered safety features for its IQ Camera, targeting driver distraction, cell phone usage, and drowsy driving, ensuring fleet protection and efficiency. Bluedot (Booth #1844) Presented by Martin Hamedani, VP of Partnerships Bluedot announced the public launch of Bluedot for Fleets, an all-in-one platform for public charging accessibility, automated payment and billing management, home charging reimbursement and vehicle analytics. It's designed to streamline the operations of electric vehicle fleets. NovaCHARGE (Booth #2044) Presented by Paul Boes, VP of Engineering, and Mark Gross, VP of Product Development NovaCHARGE announced the expansion of their innovative total solutions package available for fleets with FLEXX mobile EV charging systems. This new solution will ensure efficiency, productivity, and ease of transition to EVs for fleet managers of municipalities, enterprises, and utilities. Spring Free EV (Booth #2160) Presented by Sunil Paul, Co-Founder & CEO of Spring Free EV Spring Free EV announced the external launch of their fleet financing and tax credit solution, Residual Capital. For fleet operators, Residual Capital significantly eases the economic burden and residual value risks involved with EV acquisition. The product offers investors the ability to monetize available tax credits and benefits. NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

April 22, 2024 07:34 PM Eastern Daylight Time

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Vicinity Motors promotes Brent Phillips to President as company drives strategic initiatives

Vicinity Motor Corp.

Vicinity Motors President Brent Phillips joined Steve Darling from Proactive to discuss his recent appointment and his vision for the company's future. With over 30 years of experience in the commercial transportation field, including leadership roles in distribution and manufacturing, Phillips brings a wealth of expertise to his new position. Phillips's extensive background includes serving as General Manager at Alliance Bus Group, a prominent bus distributor, where he played a key role in driving operational excellence and sales growth. Prior to that, he served as Vice President of Sales, Commercial Bus Group at REV Group, overseeing multiple brands and distribution channels across two manufacturing facilities. In his new role as President of Vicinity Motors, Phillips will spearhead the sales, assembly, procurement, and engineering teams, while also providing clear direction for the company's sales and operations programs. His strategic focus will include bringing production of the Vicinity Lightning electric bus to Ferndale, WA, as well as enhancing the company's existing VMC 1200 Dealer network across Canada. One of Phillips's key initiatives will be to ensure that fleets have access to Canada's only purpose-built, fully-electric work truck through the VMC 1200 Dealer network. Additionally, he will focus on providing Dealers with the necessary support for vehicle sales and service, as well as launching a strategic network of VMC 1200 Dealers across the U.S. With Phillips at the helm, Vicinity Motors is poised for growth and expansion as it continues to innovate and lead in the electric vehicle market. His leadership and strategic vision will drive the company forward as it strives to deliver cutting-edge transportation solutions to customers across North America. Stay tuned for further updates as Vicinity Motors continues to make strides under Phillips's leadership. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 18, 2024 12:30 PM Eastern Daylight Time

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Ocean Power Technologies looks to expand growth teaming with major defense contractor

Ocean Power Technologies Inc

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to unveil a groundbreaking development: the signing of a teaming agreement with a major international defense contractor. This strategic alliance is poised to propel maritime domain awareness to new heights by leveraging OPT's innovative Merrows suite of solutions. In his discussion with Proactive, Stratmann elucidated that the teaming agreement grants the international contractor exclusive rights to provide OPT's Maritime Domain Awareness Solution (MDAS) within specified geographic regions. This collaboration represents a fusion of OPT's cutting-edge technology with the contractor's unparalleled expertise in defense, homeland security, and commercial programs, aiming to fortify capabilities in maritime security and surveillance. At the heart of this collaboration lies MDAS, a revolutionary solution developed by OPT that integrates state-of-the-art data collection and analysis capabilities. By harnessing autonomous marine platforms such as vehicles and buoys, coupled with advanced sensors and data analytics, MDAS delivers comprehensive maritime surveillance, tracking, and monitoring capabilities. This real-time situational awareness empowers stakeholders across various sectors, including defense, environmental monitoring, and search and rescue operations. The partnership between OPT and the international defense contractor heralds a new era of innovation and collaboration in the realm of maritime domain awareness. By pooling their respective strengths and resources, the two entities are poised to enhance security and safety in key maritime regions, safeguarding vital interests and promoting stability in an ever-evolving global landscape. As OPT continues to push the boundaries of technological innovation, this partnership underscores the company's commitment to advancing maritime security and sustainability. Stay tuned for further updates as OPT and its collaborators pave the way for a safer and more secure maritime domain, empowered by cutting-edge solutions and strategic partnerships. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 17, 2024 02:47 PM Eastern Daylight Time

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Rail Vision score major US order advancing railway safety using its AI technology

Rail Vision Ltd

Rail Vision CEO Shahar Hania joined Steve Darling from Proactive to share exciting news about the company securing an order for its innovative AI-powered Switch Yard System from a Class 1 freight rail company in North America. This order, previously announced, marks a significant milestone for Rail Vision as it expands into the North American market and sets a new standard for safety and efficiency in rail operations. The freight rail company, one of the largest in North America, will install and evaluate the system on its locomotive to test various safety scenarios. Hania explained that Rail Vision's Switch Yard System utilizes electro-optic sensors combined with AI, machine learning, and Advanced Driver Assistance System solutions to address limited vision issues, extending the range of sight and reducing downtime. By enhancing punctuality, efficiency, and safety, the system aims to revolutionize rail operations. This announcement comes shortly after Rail Vision received another order for its AI-driven Switch Yard System from Loram, a leading US-based provider of railway track maintenance equipment and services. The order from Loram serves as a pilot project to integrate Rail Vision's advanced technology into Loram's rail track maintenance operations. This collaboration underscores both companies' commitment to advancing railway safety and operational efficiency. If the pilot project proves successful, Rail Vision and Loram will explore opportunities to expand their collaboration, potentially integrating Rail Vision's innovative solutions into Loram's service offerings across the United States. This strategic partnership highlights the potential for Rail Vision's technology to make a significant impact on the railway industry's safety and efficiency standards. Watch the full interview for more insights into Rail Vision's recent developments and its vision for the future of rail transportation. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 17, 2024 02:34 PM Eastern Daylight Time

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Comtex Launches Omnia: A Cutting-Edge News API Platform leveraging NLP and AI

Comtex

Comtex News Network, Inc (Comtex), a leading provider of news aggregation and distribution services to top firms in financial services, news publishing, syndication, and analytics, proudly announces the launch of its innovative API platform, Omnia. Omnia is a state-of-the-art API platform designed to revolutionize the way businesses access and utilize news content. Omnia empowers users with instant access to real-time streaming news, AI-generated article summaries, enhanced tagging and categorization based on NLP, advanced filtering, and access to an extensive catalog of curated news sources. Key Features of Omnia Include: Real-time Streaming News: Omnia provides real-time streaming news via websockets push and REST API for seamless integration into existing systems. Enhanced Tagging and Categorization: Leveraging AI and proprietary NLP-based algorithms, Omnia offers enhanced tagging and categorization of content, including press releases, earnings releases, product categories, and more. AI-Generated Article Summaries: Omnia utilizes AI to generate concise and searchable article summaries, enabling users to quickly grasp an article before reading it. Advanced Filtering: Omnia's advanced filtering capabilities allow users to customize their news feeds based on specific criteria, ensuring they receive only the most relevant content. Access to an extensive collection of curated, high-quality sources used by top companies in financial services, analytics, research and a broad range of industries. Omnia is designed for rapid integration and serves a variety of use cases, including training of LLMs, financial platforms, asset management, trading, academic research, legal research, market research, and much more. Commenting on the launch, Comtex CEO Kan Devnani said, "We are pleased to bring a flexible, state-of-the-art news platform with access to curated, premium news sources to market. Omnia is an extendable platform, combining AI with our rich experience applying NLP to news content. This will allow clients to derive more intelligence and insights from the news content we offer and help clients curate and identify the content most relevant to them. Comtex will use Omnia to deliver evolving analytics and insight to its users." Access to Omnia can be trialed by visiting https://www.comtex.com/api. Comtex encourages users to explore its features and capabilities. To learn more about Omnia and request a demo, please contact sales@comtex.com or visit https://www.comtex.com/api. About Comtex News Network, Inc (Comtex): Comtex News Network Inc (Comtex) is a leading provider of news aggregation services to top firms in financial services, news publishing, syndication, and analytics. With a wealth of experience and expertise, Comtex delivers comprehensive news solutions that empower businesses to make informed decisions and stay ahead of the competition. Comtex also offers syndication services to content providers and platforms to generate traffic to online content. Contact Details Comtex News Network Media Relations sales@comtex.com

April 12, 2024 02:01 PM Eastern Daylight Time

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