Apparel Group kicked off 2024 with a robust expansion, unveiling the inauguration of 47 new stores across the Middle East and India in the first quarter

Apparel Group kicked off 2024 with a robust expansion, unveiling the inauguration of 47 new stores across the Middle East and India in the first quarter
Sima Ganwani Ved, Apparel Group Founder and Chairwoman emphasized on ‘Diversity, Equity and Inclusion’ and her unwavering dedication to fostering inclusive workplaces and promoting gender equality within the retail sector across the region.
  • Sima Ganwani Ved, Apparel Group Founder and Chairwoman emphasized on ‘Diversity, Equity and Inclusion’ and her unwavering dedication to fostering inclusive workplaces and promoting gender equality within the retail sector across the region.

DUBAI, United Arab Emirates, May 06, 2024 (GLOBE NEWSWIRE) — Apparel Group, a global leader in fashion and lifestyle retail, proudly announces a series of remarkable achievements in Q1 2024, solidifying its position as a leader in the industry.

January:

Apparel Group commenced the year with the prestigious 5-Star Award from the European Foundation for Quality Management (EFQM), recognizing its commitment to business excellence, strategic foresight, and fostering a culture of innovation and quality in the dynamic retail sector.

Additionally, the World Woman Foundation proudly announced Sima Ganwani Ved, Founder and Chairwoman of the Apparel Group, as a distinguished speaker for the World Woman Davos Agenda, held during the World Economic Forum week on January 18 in Davos. Sima Ganwani Ved’s participation highlights Apparel Group’s dedication to championing women empowerment and diversity on a global stage.

The month also witnessed the launch of Bliss Bites, a revolutionary gut-healthy food brand and café introduced by Apparel Group, catering to the growing demand for wellness-focused products among consumers.

February:

In February, Apparel Group was announced as Headline Partner for RLI MENA Awards and Lifestyle Partner for RLI MENA Connect in Riyadh, KSA. Additionally, Apparel Group was honored as the MENA Retail Partner of the Year at the prestigious RLI MENA Awards 2024, highlighting its continued success and influence in the region’s retail landscape.

Moreover, Apparel Group made significant strides in its retail partnerships and industry recognition. The company was unveiled as the Headline Partner for the 10th Retail Leaders Circle MENA Summit 2024 in Riyadh, KSA, reaffirming its commitment to driving innovation and excellence in the retail sector.

March:

March marked another pivotal moment for Apparel Group as it celebrated the grand opening of the inaugural Nysaa store in the GCC region, a joint venture setup with Nykaa, India’s largest omni-channel beauty retailer. This collaboration blends Apparel Group’s retail prowess with Nykaa’s expertise, offering consumers a world-class shopping experience in Dubai.

Additionally, Apparel Group expanded its luxury portfolio with the grand launch of Forest Essentials at Dubai Hills Mall. The event showcased an exquisite décor, immersing guests in the world of Luxurious Ayurveda. Vibrant-colored blooms and striking product displays highlighted the natural ingredients central to Forest Essentials’ ethos.

In a strategic expansion, Apparel Group extended its partnership with Crocs, bringing this iconic brand under its wing in Kuwait. This move broadens the company’s presence in the GCC, where it already operates 88 Crocs stores.

Complementing its expansion efforts, Apparel Group collaborated with Dubai Holding for the ‘Gift It Forward’ initiative, aiming to support over 8,500 Dubai residents during Ramadan. This initiative underscores the company’s dedication to social responsibility and community engagement.

The month also saw the return of the highly anticipated Great Online Sale by Apparel Group, offering exclusive Eid shopping deals with discounts of up to 80%. This sale further reinforced the company’s reputation as a leader in retail innovation.

April:

As the momentum continued into April, Apparel Group intensified its expansion efforts with the unveiling of 47 new stores across the Middle East and India in Q1 2024. These new openings exemplify the company’s commitment to providing exceptional shopping experiences and meeting the evolving needs of its diverse customer base. This expansion included the launch of Qatar’s first Forever New store, the fourth in the GCC, as part of a joint venture expansion plan to open 40 locations.

Moreover, Apparel Group proudly reaffirmed its commitment to excellence by becoming the Platinum Partner for The Retail Summit 2024, held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The partnership underscores Apparel Group’s dedication to driving transformative discussions and initiatives in the global retail arena.

The company also concluded its role as the Platinum Partner at The Retail Summit 2024, hosted at the renowned Atlantis, The Palm. The summit, held on April 23rd and 24th, brought together prominent figures in global retail, exchanging invaluable insights and strategies pivotal for the evolution of the retail sector. Neeraj Teckchandani, CEO of Apparel Group, participated in a panel discussing the strategic importance of market expansion in the GCC and the need for innovative approaches to redefine omnichannel experiences. Sima Ganwani Ved, Founder and Chairwoman, also honored the summit with her presence in a panel discussion on the vital topic of ‘Diversity, Equity and Inclusion – Inspiring the Next Generation of Retail Talent.’

Commenting on these achievements, Neeraj Teckchandani, CEO of Apparel Group, stated, “We are thrilled to announce our continued growth and success in Q1 2024. These milestones reflect our unwavering dedication to excellence, innovation, and making a positive impact in the communities we serve. As we look ahead, we remain committed to pushing boundaries, fostering partnerships, and delivering unparalleled value to our customers.”

For more information about Apparel Group and its latest initiatives, please visit the official website at https://apparelglobal.com/en/

About Apparel Group LLC

Apparel Group is a global fashion and lifestyle retail conglomerate residing at the crossroads of the modern economy – Dubai, United Arab Emirates. Today, Apparel Group caters to thousands of eager shoppers through its 2200+ retail stores and 85+ brands on all platforms while employing over 22,000+ multicultural staff.

Apparel Group has carved its strong presence in the GCC and expanded thriving gateways to market in India, South Africa, Singapore, Indonesia, Thailand, Malaysia, and Egypt. Additionally, clear strategies are in place to enter emerging markets such as Hungary and Philippines.

Apparel Group has created an omni-channel experience, operating brands originating from the USA, Canada, Europe, Australia, and Asia. The brands include leading names in fashion, footwear, and lifestyles such as Tommy Hilfiger, Charles & Keith, Skechers, Aldo, Nine West, Aeropostale, Jamie’s Italian, Tim Hortons, Cold Stone Creamery, Inglot, and Rituals.

Apparel Group owes its amazing growth to the vision and guidance of its dynamic Founder and Chairwoman, Mrs. Sima Ganwani Ved, who has taken the company from strength to strength since its inception in the last two decades.

https://apparelglobal.com/en/

PR@apparelglobal.com

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‫بدأت مجموعة أباريل عام 2024 بسلسلة توسعات كبرى من خلال افتتاح 47 متجراً في الشرق الأوسط والهند خلال الربع الأول

بدأت مجموعة أباريل عام 2024 بسلسلة توسعات كبرى من خلال افتتاح 47 متجراً في الشرق الأوسط والهند خلال الربع الأول
· أكدت سيما جانواني فيد، مؤسسة ورئيسة مجلس إدارة مجموعة أباريل، على موضوع “التنوع، والمساواة، والشمولية” وعلى التزامها الراسخ نحو تعزيز بيئة عمل شمولية وتحقيق المساواة بين الجنسين في قطاع التجزئة في سائر المنطقة.
  • أكدت سيما جانواني فيد، مؤسسة ورئيسة مجلس إدارة مجموعة أباريل، على موضوع “التنوع، والمساواة، والشمولية” وعلى التزامها الراسخ نحو تعزيز بيئة عمل شمولية وتحقيق المساواة بين الجنسين في قطاع التجزئة في سائر المنطقة.

دبي، الإمارات العربية المتحدة, May 06, 2024 (GLOBE NEWSWIRE) —

مجموعة أباريل، الشركة الرائدة عالمياً في مجالات تجزئة الموضة وأسلوب الحياة، تعلن بكل فخر عن سلسلة من الإنجازات المحورية في الربع الأول من عام 2024 لتعزز مكانتها في ريادة المجال.

يناير:

حيث بدأت مجموعة أباريل هذا العام بحصولها على اعتماد “5 نجوم” من المؤسسة الأوروبية لإدارة الجودة EFQM، والتي تعترف بالتزامها بالتميز في مجال الأعمال، والتخطيط الاستراتيجي، وترسيخ ثقافة مبنية على الابتكار والجودة في قطاع التجزئة التفاعلي.

بالإضافة لذلك، قامت مؤسسة المرأة العالمية بالإعلان عن السيدة سيما فيد، مؤسسة ورئيسة مجلس إدارة مجموعة أباريل، كمتحدثة في أجندة دافوس للمرأة العالمية، والذي انعقد خلال أسبوع المنتدى الاقتصادي العالمي في دافوس بتاريخ 18 يناير. حيث برهنت مشاركة سيما فيد في هذه القمة على التزام مجموعة أباريل بدعم تمكين المرأة والتنوع في المنصات الدولية.

وفي الشهر ذاته، تم إطلاق بليس بايتس، مطعم وكافيه صحي بإدارة مجموعة أباريل، ويتميز بتلبية الطلب المتزايد للمنتجات الصحية لدى المستهلكين.

فبراير:

في فبراير، تم الإعلان عن مجموعة أباريل كشريك رئيسي لحفل جوائز ” RLI MENA ” وشريك أسلوب الحياة في منتدى ” RLI Connect MENA ” المقام في الرياض، المملكة العربية السعودية. كما وحصلت مجموعة أباريل على جائزة شريك قطاع التجزئة للعام خلال حفل توزيع جوائز “RLI MENA 2024 ” تأكيدا على نجاحاتها المتواصلة وتأثيرها على عالم التجزئة في المنطقة.

علاوة على ذلك، قطعت مجموعة أباريل أشواطاً كبيرة في مجالات تكوين تحالفات التجزئة والحصول على الجوائز في هذا المجال. وتم الإعلان عن مجموعة أباريل كشريك رئيسي في القمة العاشرة لمنتدى دائرة قادة التجزئة في الشرق الأوسط وشمال أفريقيا 2024 في الرياض، المملكة العربية السعودية مما يرسخ التزامها نحو الابتكار والتميز في قطاع التجزئة.

مارس:

شهد شهر مارس لحظة محورية في مسيرة مجموعة أباريل حيث احتفلت بافتتاح أول متجر رسمي لعلامة نساء في منطقة الخليج، وهي مشروع مشترك مع شركة” Nykaa “، المنصة التجارية متعددة القنوات الأكبر في الهند. هذا التحالف يجمع بين التميز التجاري لمجموعة أباريل في السوق الخليجي والخبرات الكبيرة لشركة”Nykaa” في عالم مستحضرات التجميل من أجل تقديم تجربة تسوق مثالية وعالمية للمتسوقين في دبي.

كما تم الافتتاح الرسمي لمتجر فورست اسينشيالز في دبي هيلز مول ليشكل إضافة مهمة للمجموعة الواسعة من العلامات التجارية الفاخرة التي تديرها مجموعة أباريل.كما تخلل هذا الافتتاح أجواء في غاية الروعة بديكور ساحر، أدى إلى تمتع الضيوف بعالم الأيورفيدا. كما تم استعراض مفعم بالألوان ومنتجات ساحرة بمكونات الطبيعية التي تمثل جوهر فورست اسينشيالز.

وضمن توسع استراتيجي، قامت مجموعة أباريل بتمديد شراكتها مع كروكس من خلال ضم العلامة في الكويت. كما تعزز هذه الخطوة بصمة الشركة في دول مجلس التعاون الخليجي حيث تدير المجموعة على 88 متجراً لعلامة كروكس.

واستكمالاً لجهودها التوسعية، تعاونت مجموعة أباريل مع دبي القابضة في مبادرة ” هبة في محلها ” التي تهدف لدعم أكثر من 8500 مقيماً في دبي خلال شهر رمضان. حيث أكدت هذه المبادرة على التزام المجموعة بالمسؤولية المجتمعية والتفاعل الاجتماعي.

وشهد هذا الشهر عودة التخفيضات الإلكترونية الكبرى المرتقبة من مجموعة أباريل من جديد بخصومات حصرية للعيد تصل إلى 80% خلال هذا الشهر. حيث أكدت هذه التخفيضات على سعي وجهود الشركة نحو الابتكار في مجال التجزئة.

أبريل:

استمراراً في هذه الوتيرة المتسارعة، ضاعفت مجموعة أباريل جهودها التوسعية من خلال افتتاح 47 متجراً جديداً في الشرق الأوسط والهند في الربع الأول من عام 2024. حيث تعكس هذه الافتتاحات الجديدة التزام الشركة بتوفير تجارب تسوق مميزة وتلبية متطلبات القاعدة الكبيرة والمتنوعة للمتسوقين. كما شمل هذا التوسع افتتاح المتجر الأول لعلامة فورايفر نيو في قطر، الرابع في دول مجلس التعاون الخليجي، ضمن مشروع مشترك لافتتاح 40 متجراً.

بالإضافة لذلك، أكدت المجموعة التزامها بالتميز بدورها كشريك بلاتيني لقمة التجزئة 2024 المقامة تحت رعاية صاحب السمو الشيخ محمد بن راشد آل مكتوم، نائب رئيس الدولة، رئيس مجلس الوزراء، حاكم دبي. ودلت هذه الشراكة على جهود مجموعة أباريل نحو خوض النقاشات التفاعلية والمبادرات في مجال التجزئة العالمي.

كما اختتمت الشركة مهامها كشريك استراتيجي لقمة التجزئة 2024 التي أقيمت في فندق أتلانتس الأيقوني ، نخلة دبي. حيث جمعت هذه القمة، التي أقيمت خلال 23 و 24 أبريل، خبراء مجال الذين تبادلوا الآراء القيمة والاستراتيجيات المحورية حول تطوير قطاع التجزئة. حيث شارك نيراج تيكشينداني، الرئيس التنفيذي لدى مجموعة أباريل، في جلسة حوارية حول الأهمية الاستراتيجية للتوسع في السوق الخليجي والحاجة للأساليب المبتكرة من أجل تغيير مفاهيم التجارب متعددة القنوات. شهدت القمة حضور السيدة سيما جانواني فيد، مؤسسة ورئيسة مجلس إدارة مجموعة أباريل، ضمن أبرز المتحدثين في خلال اليوم الثاني. حيث شاركت خبرتها الواسعة من خلال نقاشات حول الموضوع المحوري “التنوع، والمساواة، والشمولية – إلهام الجيل القادم من مواهب التجزئة“.

وعلق السيد نيراج تيكشينداني، الرئيس التنفيذي لدى مجموعة أباريل، على هذه الإنجازات بقوله”يسرنا الإعلان عن نمونا المتواصل ونجاحاتنا في الربع الأول من عام 2024. هذه الإنجازات تعكس التزامنا المستمر بالتميز، والابتكار، والتأثير الإيجابي على المجتمعات التي نخدمها. وضمن رؤيتنا المستقبلية فنحن نسعى لتخطي التوقعات، وبناء التحالفات، وتقديم القيمة الاستثنائية للمتسوقين.

للمزيد من المعلومات حول مجموعة أباريل ومبادراتها، يرجى زيارة الموقع الرسميhttps://apparelglobal.com/ar/

لمحة عن مجموعة أباريل

تقف مجموعة أباريل، أكبر مشغل في مجالات الأزياء وأسلوب الحياة، على مفترق طرق الاقتصاد الحديث في مدينة دبي، بدولة الإمارات العربية المتحدة. واليوم، أضحت المجموعة قادرة على تلبية احتياجات ملايين المتسوقين عبر أكثر من 2,200 متجراً وأكثر من 85 علامة تجارية وبتعيين 22,000 موظف من مختلف الثقافات.
حققت المجموعة حضوراً قوياً وراسخاً في دول مجلس التعاون الخليجي كما أنها نجحت في توسيع مجالات تسويقها في الهند وجنوب أفريقيا وسنغافورة واندونيسيا وتايلند وماليزيا ومصر. وإضافة إلى ذلك، وضعت المجموعة استراتيجيات واضحة للدخول إلى العديد من الأسواق الناشئة مثل هنغاريا والفليبين.
تدير مجموعة أباريل العديد من العلامات التجارية العالمية الشهيرة، التي انطلقت من الولايات المتحدة الأمريكية وكندا وأوروبا وأستراليا وآسيا، وتضم الكثير من الأسماء الرائدة في عالم الأزياء، الأحذية ونمط الحياة على غرار تومي هيلفيغر، تشارلز آند كيث، سكتشرز، ألدو، ناين وست، إروبوستال، وغيرها من الأسماء بالإضافة لعلامات تجارية رئيسية مثل تيم هورتنز، جيميز اتاليان، كولدستون كريمري، إنجلوت، ريتوالز وذلك على سبيل المثال لا الحصر.
يذكر بأن الفضل في نجاحات مجموعة أباريل ونموها المذهل يعود لرؤية وتوجيهات مؤسستها ورئيسة مجلس الإدارة سيما جنواني فيد، التي انطلقت بالشركة من القوة إلى الأقوى منذ نشأتها وعلى امتداد عقدين من الزمن.
https://apparelglobal.com/ar/

PR@apparelglobal.com

الصورة المصاحبة لهذا الإعلان متاحة على
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GlobeNewswire Distribution ID 9110933

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages SSR Mining Inc. Investors to Secure Counsel Before Important May 17 Deadline in Securities Class Action First Filed by the Firm – SSRM

NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of SSR Mining Inc. (NASDAQ: SSRM) between February 23, 2022 and February 27, 2024, both dates inclusive (the “Class Period”), of the important May 17, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased SSR Mining securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the SSR Mining class action, go to https://rosenlegal.com/submit-form/?case_id=23047 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 17, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) defendants materially overstated SSR Mining’s commitment to safety and the efficacy of its safety measures; (2) SSR Mining engaged in unsafe mining practices which were reasonably likely to result in a mining disaster; and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the SSR Mining class action, go to https://rosenlegal.com/submit-form/?case_id=23047 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
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GlobeNewswire Distribution ID 9111010

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Sonder Holdings Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SOND

NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sonder Holdings Inc. (NASDAQ: SOND) between March 16, 2023 and March 15, 2024, both dates inclusive (the “Class Period”), of the important June 10, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Sonder securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Sonder class action, go to https://rosenlegal.com/submit-form/?case_id=23643 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 10, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Sonder failed to disclose all issues with its internal controls; (2) Sonder’s financial statements for the 2022 Annual Report and the interim periods ended March 31, June 30, and September 30, 2023 contained material errors in the way Sonder accounted for the valuation and impairment of operating lease right-of-use (“ROU”) assets; (3) as a result, Sonder would need to restate its previously issued financial statements for those periods; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Sonder class action, go to https://rosenlegal.com/submit-form/?case_id=23643 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40thFloor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9111005

ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Rivian Automotive, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – RIVN

NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Rivian Automotive, Inc. (NASDAQ: RIVN) between March 1, 2023 and February 21, 2024, both dates inclusive (the “Class Period”), of the important June 18, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Rivian securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Rivian class action, go to https://rosenlegal.com/submit-form/?case_id=3880 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 18, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Rivian had overstated demand for its products, as well as its ability to withstand negative, near-term macroeconomic impacts; (2) accordingly, Rivian’s business was experiencing reduced demand and increased customer cancellations as a result of, inter alia, high interest rates; (3) as a result, Rivian’s order bank had significantly deteriorated; (4) all of the foregoing was likely to, and did, negatively impact Rivian’s anticipated earnings and vehicle production targets for 2024; and (5) as a result, Rivian’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Rivian class action, go to https://rosenlegal.com/submit-form/?case_id=3880 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9110992

ROSEN, THE FIRST FILING FIRM, Encourages Sharecare, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SHCR

NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Sharecare Inc. (NASDAQ: SHCR) between May 10, 2023 and March 28, 2024, both dates inclusive (the “Class Period”), of the important June 18, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Sharecare securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Sharecare class action, go to   https://rosenlegal.com/submit-form/?case_id=24143 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 18, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Sharecare lacked adequate internal controls; and (2) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Sharecare class action, go to https://rosenlegal.com/submit-form/?case_id=24143 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9110991

ROSEN, LEADING INVESTOR COUNSEL, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PLUG

NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Plug Power Inc. (NASDAQ: PLUG) between May 9, 2023 and January 16, 2024, both dates inclusive (the “Class Period”), of the important May 21, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Plug Power securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 21, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Plug Power overstated its ability and/or efforts to mitigate the negative impacts that, inter alia, supply chain constraints and material shortages could have or were having on Plug Power’s hydrogen business, as well as the sufficiency of its cash and capital to fund its operations; (2) Plug Power continued to experience delays related to its green hydrogen production facility build-out plans, as well as in securing external funding sources to finance its growth plans; (3) Plug Power downplayed the true scope and severity of all the foregoing when these issues were eventually revealed; (4) as a result of all the foregoing, Plug Power also overstated the near-term prospects of its hydrogen production operations, as well as the viability of expanding those operations; and (5) as a result, Plug Power’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9110989

WadzPay Plans to Expand Portfolio into Stablecoin Business

Welcomes Jason Sarria-Solis to Lead the Venture. Reporting to Jason will be the product head for the business line Mr. Dinesh Kr

WadzPay Plans to Expand Portfolio into Stablecoin Business
WadzPay, a leading fintech company specialising in blockchain based technology for virtual asset payment solutions, is proud to announce its plan to enter the Stablecoin business, marking a significant expansion of its offerings. With a steadfast commitment to innovation and addressing evolving market demands, the company has strategically positioned itself to capitalise on the growing opportunities within the virtual asset financial services space.

SINGAPORE, May 03, 2024 (GLOBE NEWSWIRE) — WadzPay, a leading fintech company specialising in blockchain based technology for virtual asset payment solutions, is proud to announce its plan to enter the Stablecoin business, marking a significant expansion of its offerings. With a steadfast commitment to innovation and addressing evolving market demands, the company has strategically positioned itself to capitalise on the growing opportunities within the virtual asset financial services space.

This also marks a shift in Wadzpay’s strategy to elevate itself from being a blockchain based virtual asset payments company to a blockchain financial services solutions provider. The decision to venture into the Stablecoin market comes as a response to the increasing demand for secure, transparent, and efficient digital payment solutions worldwide.

According to recent market research by Bernstein, the global market for stablecoins is projected to grow from $125 billion to almost $3 trillion in next 5 years. This growth is fueled by factors such as the rise of decentralised finance (DeFi) applications, cross-border remittances, and the need for stable digital assets to mitigate volatility risks in cryptocurrency markets.

By leveraging blockchain technology, WadzPay aims to provide users with a reliable alternative to traditional fiat currencies, offering stability, convenience, and speed at lower cost in transactions for merchants, businesses and individuals worldwide. With a focus on compliance and regulations, WadzPay is poised to address the growing demand for stablecoins while ensuring security and regulatory compliance in its operations. Apart from the traditional use cases, WadzPay will add some new and innovative uses of stablecoins to the mix.

WadzPay will introduce two main products: Stable Coin as a Service and its own regulated USD$ Stablecoin, designed for local and international payments, cross border remittances, and settlements of on-chain transactions related to RWA.

The new solutions will be organised as a new business and new brand. To ensure regulatory compliance, WadzPay will set up a new entity and will pursue approvals in UAE, Hong Kong, and Singapore.

With this strategic move, WadzPay aims to innovate in solving foreign exchange problems and will introduce an innovative first-in-market business model, setting itself apart from competitors. WadzPay will build a world class team under the new leadership to drive this business.

Founder & Group CEO of WadzPay, Mr. Anish Jain, emphasised the strategic significance of this expansion, stating, “Our entry into the stablecoin business reflects our dedication to meeting the evolving needs of our customers and staying at the forefront of technological innovation. With the growing adoption of virtual assets, particularly stablecoins, we see tremendous potential for growth and are excited to offer our expertise in this space, while remaining committed to compliance and regulations.”

To lead this strategic initiative, WadzPay is pleased to welcome Mr. Jason Sarria-Solis as the President – Emerging & New Business in charge of the stablecoin business. With over 20 years of experience in the technology and fintech industry, Mr. Jason brings a wealth of knowledge and a proven track record of driving business growth and innovation. He has led multiple projects spanning from founding and scaling a successful telecom startup in the UK to leading digital banking, embedded finance, and blockchain projects in Asia.

Commenting on his appointment, Mr. Jason Sarria-Solis expressed his enthusiasm, stating, “I am thrilled to join WadzPay at such a pivotal moment in the company’s journey. The stablecoin market presents immense opportunities for disruption and advancement in the payments, remittance, and on-chain settlement space, and I look forward to leading our team in delivering innovative solutions that meet the needs of our users and drive the company’s growth.”

WadzPay remains committed to its mission of revolutionising the virtual asset financial services landscape with blockchain technology, and the expansion into the stablecoin business marks a significant milestone in this journey. With a focus on technological excellence, customer satisfaction, and strategic partnerships, the company is poised to emerge as a key player in the financial services ecosystem.

About WadzPay:

WadzPay was founded in 2018 in Singapore with a commitment to drive financial inclusion and revolutionise the virtual asset financial services landscape. It is a leading global blockchain-based technology provider for virtual assets. The company’s innovative platform available as a SaaS offering provides secure, efficient, and transparent technology solutions, catering to businesses (B2B) and consumers (B2B2C). WadzPay works with large international companies, banks, and fintechs to enable virtual asset-based transaction processing, custody, and settlement. It operates across geographies spanning Asia Pacific, the Middle East, Africa, Europe, and the Americas.

For more information, visit www.wadzpay.com

Media Contact

Arijit Das

PR and Communications

arijit.das@wadzpay.com

+919654930523

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/31287a08-4771-465f-8c63-595aa0259016

GlobeNewswire Distribution ID 9110730

KFSH&RC Ranked Top Valuable Healthcare Brand in Saudi Arabia and Middle East

RIYADH, Saudi Arabia, May 02, 2024 (GLOBE NEWSWIRE) — KFSH&RC tops the healthcare sector in the Kingdom of Saudi Arabia and the Middle East, recognizing it as the most valuable healthcare brand in these regions for the second year. According to the 2024 Brand Finance reports, it placed 9th in Saudi Arabia and 28th in the Middle East. Additionally, KFSH&RC stands out as the only hospital worldwide to be ranked among its country’s top ten most valuable brands.

The Brand Finance Report shows that KFSH&RC brand value increased by 31%, exceeding 5.6 billion Saudi Riyals, equivalent to USD 1.5 billion. This increase is the result of the hospital’s unwavering commitment to incorporating the latest medical technologies and treatments and providing specialized medical care that adheres to the latest international standards.

Reflecting on KFSH&RC’s global recognition, Mr. Muhannad Kadi, the Chief Corporate Communications & Marketing Officer, commented, “This accomplishment underscores the hospital’s dedication to achieving the highest quality standards and providing outstanding healthcare, as well as the significant value it delivers to its beneficiaries.” He emphasized that the hospital’s position among the top ten most valuable brands in Saudi Arabia not only highlights its effectiveness but also the positive impact of the ongoing transformations within the Kingdom’s healthcare sector.

Over the past year, KFSH&RC has achieved several notable milestones that have significantly contributed to its brand strength and reputation. These include conducting four ground-breaking experiments in space medicine, performing the World’s first fully robotic liver transplant, and launching a rapid whole genome sequencing analysis service available to all beneficiaries. Furthermore, KFSH&RC celebrated the successful treatment of 100 T-cell lymphoblastic leukemia patients, a testament to our advanced medical capabilities and dedication to patient care.

In line with Saudi Vision 2030 and its transformation programs, initiated by His Royal Highness, the Crown Prince and Prime Minister—which aim to enhance the Kingdom’s global position and establish it as a healthcare hub—KFSH&RC has been ranked as the top Academic Medical Centre in the Middle East and Africa. It also secured the 20th spot globally for two consecutive years, 2023 and 2024, according to Brand Finance’s Global Top 250 Hospitals report. Additionally, it has been ranked among the top 250 Best Hospitals in the World by Newsweek Magazine.

For more information please contact:

Mr. Essam Al-Zahrani, Acting Media Affairs Head, 0555254429

Mr. Abdullah Alown, Senior Media Affairs Editor, 0556294232

GlobeNewswire Distribution ID 9110177

“التخصصي” العلامة التجارية الصحية الأعلى قيمة في السعودية والشرق الأوسط

RIYADH, Saudi Arabia, May 02, 2024 (GLOBE NEWSWIRE) —

تصدّر مستشفى الملك فيصل التخصصي ومركز الأبحاث القطاع الصحي بالمملكة العربية السعودية والشرق الأوسط، بتصنيفه العلامة التجارية الصحية الأعلى قيمة في المملكة والشرق الأوسط للسنة الثانية على التوالي، حيث حل بالمرتبة التاسعة في المملكة، والثامنة والعشرون في الشرق الأوسط، وتفرد التخصصي بكونه المستشفى الوحيد عالمياً الذي يأتي ضمن أعلى 10 علامات تجارية قيمة في بلده، وذلك بحسب تقريرين لـ “براند فاينانس” حول العلامات التجارية الـ 50 الأعلى قيمة في السعودية، والعلامات التجارية الـ 150 الأعلى قيمة في الشرق الأوسط للعام 2024.

وأوضح التقرير ارتفاع قيمة العلامة التجارية للتخصصي بنسبة 31لتتجاوز الـ 5.6 مليار ريال سعودي – ما يعادل 1.5 مليار دولار أمريكي-، حيث تُعد هذه الزيادة نتيجة لالتزام مستشفى الملك فيصل التخصصي ومركز الأبحاث بدمج أحدث التقنيات الطبية والعلاجات، وتوفير الرعاية الطبية التخصصية بأحدث المعايير العالمية على مدى ما يقارب خمسة عقود وتطويره لمجال الأبحاث ورعاية المرضى بشكل مستمر.

وقال الأستاذ مهند عبدالله قاضي، الرئيس التنفيذي للاتصال المؤسسي والتسويق في مستشفى الملك فيصل التخصصي ومركز الأبحاث، “إن هذا الإنجاز يأتي انعكاس لالتزام المستشفى بتحقيق أعلى معايير الجودة وتقديم رعاية صحية متميزة، وكذلك للقيمة التي يقدمها للمستفيدين”، موكداً أن التواجد ضمن أعلى 10 علامات تجارية قيمةً في المملكة شاهداً على نجاعة التحولات التي يعيشها القطاع الصحي في المملكة.

وحقق التخصصي في العام الماضي عددا من الإنجازات يأتي في مقدمتها، تنفيذ أربع تجارب رائدة في مجال طب الفضاء، وإجراء أول زراعة كبد كاملة بالروبوت في العالم، وتدشين خدمة تحليل تسلسل الجينوم الكامل السريع وإتاحتها لجميع المستفيدين، كما احتفى التخصصي” بنجاح علاج 100 مريض بسرطان الدم اللمفاوي باستخدام الخلايا التائية، ما انعكس إيجاباً على درجة مؤشر قوة العلامة التجارية، التي ارتفعت إلى 37.9من 100.

وتعدّ نتيجة التصنيف شاهدة على الكفاءة العالية والتميز الذي يتمتّع به الكادر الطبي والبحثي في “التخصصي”، وثمرة لبرامج التحول ورؤية السعودية 2030 التي أطلقها سمو ولي العهد رئيس مجلس الوزراء، حفظه الله، التي تهدف إلى تعزيز ريادة المملكة في قطاع الرعاية الصحية على المستوى العالمي، ما أثمر عن تصنيف مستشفى الملك فيصل التخصصي ومركز الأبحاث في مقدمة المؤسسات الصحية الأكاديمية في الشرق الأوسط وأفريقيا، والـ 20 عالميًا، لعامين متتاليين 2023 و2024 بحسب “براند فاينانس”، وكذلك تصنيفه ضمن قائمةَ أفضل 250 مستشفى على مستوى العالم لعام 2024 والصادرة عن مجلة نيوزويك” الأمريكية.

For more information please contact:

Mr. Essam Al-Zahrani, Acting Media Affairs Head, 0555254429

Mr. Abdullah Alown, Senior Media Affairs Editor, 0556294232

GlobeNewswire Distribution ID 9110177

INVNT GROUP and MSM Boost Partnership and Marketing Service Offerings in Motorsports Industry with Strategic Leadership Appointment

INVNT GROUP welcomes Roc Nation veteran, Luca Zanello, as SVP of Content Strategy

New York, NY, May 02, 2024 (GLOBE NEWSWIRE) — Building on their successful partnership, INVNT GROUP and MSM (Media & Sport Management) enhance service offerings and commercial solutions tailored for talent and brands within the booming motorsports industry.

INVNT GROUP, the global brand storytelling agency portfolio, was named Best Global Media Agency at the 2023 Automotive Marcomm Awards by Autocar, for groundbreaking campaigns with Lamborghini, Formula E, General Motors, Lotus, Rolls Royce and more. Over four decades, MSM has built standout relationships between brands, drivers, teams, and championships at the pinnacle of motorsport, including sponsorships, hospitality, and events.

The partnership brings the appointment of Roc Nation music and entertainment veteran, Luca Zanello, as SVP of Content Strategy at INVNT GROUP, fortifying the global suite of award-winning capabilities and integrated services within the motorsports including strategy, partnerships, experiential, digital, Web3, content, and culture. Zanello reports into Scott Cullather, President and CEO of INVNT GROUP, and CEO of INVNT.ATOM.

“Motorsports have not only captured the global imagination but have accelerated the expansion of its cultural influence at unprecedented speed. Our evolving collaboration with MSM, and appointment of Luca, places us at the forefront, allowing us to deliver pioneering, bespoke solutions to the motorsports industry. We are committed to enhancing the connection between brands, talent, and partners with audiences worldwide through dynamic storytelling and groundbreaking experiences. Together, we are charging the future of motorsports, transcending the boundaries of the racetrack,” said Scott Cullather.

The partnership aims to deliver strategies within the motorsport domain, leveraging both INVNT GROUP and MSM’s deep rooted motorsports network and industry expertise.

Enrico Zanarini, Founder and CEO of MSM, expressed: “This is more than a partnership expansion; it’s how we redefine motorsport marketing. With MSM’s deep history in the motorsports industry, and INVNT GROUP’s storytelling expertise, we are poised to deliver exciting and unexpected engagement programs that resonate deeply with fans and stakeholders alike.”

Luca Zanello, commenting on his new role, added, Joining this dynamic team during a transformative era in motorsports is truly exhilarating. We are redefining the limits of motorsports engagement by introducing comprehensive programs that blend traditional approaches with cutting-edge digital and experiential strategies. Our goal is to unite and excite fans globally, offering them novel and captivating experiences that not only entertain but also deepen their connection to the sport.”

This strategic allegiance is a significant milestone in the evolution of motorsport marketing and the overall industry, promising next-generation strategies and enhanced engagement for clients, brands, partners, and audiences across the globe.

ABOUT INVNT GROUP

INVNT GROUP™ represents a growing portfolio of complementary disciplines designed to help forward-thinking brands and organizations everywhere, impact the audiences that matter, anywhere.

Headed by President and CEO, Scott Cullather, INVNT GROUP amplifies globally with offices in New York (HQ), Sydney, London, Singapore, Dubai, San Francisco, Stockholm, Mumbai, Detroit, and Washington D.C.

The GROUP consists of the founding, live brand storytelling agency, INVNT; brand strategy & creative-led culture consultancy, Meaning; production studio & creative agency, HEVĒ; live events for colleges and universities, INVNT Higher Ed; digital innovation agency, INVNT.ATOM; creative multimedia experience studio, Hypnogram, and live entertainment production company, ITP Live. For more information visit: https://invntgroup.com/

ABOUT MSM

MSM is a leader in the world of motorsport and has been fostering standout relationships between brands, drivers, teams and championships for over 40 years.

The team specializes in individual and corporate management, offering clients their expertise across the marketing mix. MSM is active in sponsorship facilitation, commercial opportunity development and execution, client representation, tailored hospitality offerings, and managing bespoke events on and off track. Having spent four decades in the most innovative sporting environment, MSM has developed an approach that is tailor-made for partners to unlock their full potential.

MSM’s deep insight and unparalleled know-how enable their partners to connect with both new and existing audiences in an authentic way, while also delivering measurable commercial impact. For more information, https://msmgroup.com

Attachment

Jhonathan Mendez de Leon
INVNT GROUP
Jmendezdeleon@invnt.com

GlobeNewswire Distribution ID 9110107

Arqit and SoftIron Partner to sell more secure data center deployments

LONDON, May 02, 2024 (GLOBE NEWSWIRE) — Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and SoftIron, the worldwide leader in true private cloud infrastructure announce a partnership to enable customers to make a seamless migration to quantum safe cloud tasks, with a priority focus on the defense sector. Arqit’s quantum-safe products will be available as part of the SoftIron Partner Marketplace alongside other industry-leading solutions.

SoftIron has integrated Arqit’s Symmetic Key Agreement Platform (SKA-Platform™) into HyperCloud, SoftIron’s ready-to-run true private cloud experience, deployed on-premises or on the battlefield. This brings the security of symmetric encryption across data center and edge compute environments without the need for additional infrastructure. It ensures customers win from optimal security, pace of deployment, performance, scalability and sovereignty.

The technology represents a strongly complementary offering and both companies will leverage their existing industry partnerships and defense customers.

“We are delighted to partner with SoftIron to bring Symmetric Key Agreement to the deployable cloud. The combination offers customers huge advantage in rapid and secure deployment of SoftIron’s impressive capability, compatible with the requirements of standards laid down for National Security Systems, and great synergy in our customer bases,” said David Williams, Chairman and CEO of Arqit Limited.

“We are excited to have Arqit join the SoftIron+Co Partner Program as a Technology Alliance Partner (TAP) that will enable all of Arqit’s best-in-class encryption solutions to our customers,” said Phil Straw, CEO of SoftIron. “By integrating Arqit’s SKA-Platform™ with our true private cloud solutions, we are empowering organizations to stay ahead of evolving cyber threats and ensure the integrity and confidentiality of their data in rapid on-premises and battlefield deployments. Complying with the new standards laid down for National Security Systems in using symmetric encryption but in a manner that is flexible and fast gives us an important edge.”

Notes to Editors

Arqit representatives will be attending RSA (6-9 May 2024) and will be available for interview. www.rsaconference.com/usa.

For more information about Arqit and SoftIron, please visit Arqit’s website and SoftIron’s website.

About SoftIron:

SoftIron is a Silicon Valley-based worldwide leader in true private cloud infrastructure. HyperCloud by SoftIron allows organizations to build a true private cloud on-premises that deploys, manages and consumes like public cloud. HyperCloud provides the elasticity of cloud in a solution that is fast and simple to deploy, driving extreme agility. HyperCloud delivers the benefits of AWS Outposts or Azure Stack HCI but in a cloud-neutral solution. Learn more at www.softiron.com

About Arqit

Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit) supplies a unique encryption software service which makes the communications links of any networked device, cloud machine or data at rest secure against both current and future forms of attack on encryption – even from a quantum computer. Compatible with NSA CSfC Components and meeting the demands of NSA CSfC Symmetric Key Management Requirements Annexe 1.2. and RFC 8784, Arqit’s Symmetric Key Agreement Platform uses a lightweight software agent that allows end point devices to create encryption keys locally in partnership with any number of other devices. The keys are computationally secure and facilitate Zero Trust Network Access. It can create limitless volumes of keys with any group size and refresh rate and can regulate the secure entrance and exit of a device in a group. The agent is lightweight and will thus run on the smallest of end point devices. The product sits within a growing portfolio of granted patents. It also works in a standards compliant manner which does not oblige customers to make a disruptive rip and replace of their technology. Arqit is winner of two GSMA Global Mobile Awards, The Best Mobile Security Solution and The CTO Choice Award for Outstanding Mobile Technology, at Mobile World Congress 2024, recognised for groundbreaking innovation at the 2023 Institution of Engineering and Technology Awards and winner of the National Cyber Awards’ Innovation in Cyber Award and the Cyber Security Awards’ Cyber Security Software Company of the Year Award. Arqit is ISO 27001 Standard certified. www.arqit.uk

Media relations enquiries:
Arqitpr@arqit.uk

Investor relations enquiries:
Arqitinvestorrelations@arqit.uk
Gatewayarqit@gateway-grp.com
Mike Bradshaw
Connect Marketing for SoftIron
mikeb@connectmarketing.com

Caution About Forward-Looking Statements

This communication includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These forward-looking statements are based on Arqit’s expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Arqit’s control. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Arqit to predict these events or how they may affect it. Except as required by law, Arqit does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date this communication is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this communication may not occur. Uncertainties and risk factors that could affect Arqit’s future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: (i) the outcome of any legal proceedings that may be instituted against the Arqit, (ii) the ability to maintain the listing of Arqit’s securities on a national securities exchange, (iii) changes in the competitive and regulated industries in which Arqit operates, variations in operating performance across competitors and changes in laws and regulations affecting Arqit’s business, (iv) the ability to implement business plans, forecasts, and other expectations, and identify and realise additional opportunities, (v) the potential inability of Arqit to successfully deliver its operational technology, (vi) the risk of interruption or failure of Arqit’s information technology and communications system, (vii) the enforceability of Arqit’s intellectual property, and (viii) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Arqit’s annual report on Form 20-F (the “Form 20-F”), filed with the U.S. Securities and Exchange Commission (the “SEC”) on 21 November 2023 and in subsequent filings with the SEC. While the list of factors discussed above and in the Form 20-F and other SEC filings are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realisation of forward-looking statements.

GlobeNewswire Distribution ID 9109828