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May 19, 2025 9:00 AM

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NEW YORK, NY

COOFANDY, Popular Menswear and Top "Amazon’s Choice" Brand, Empowers Men's Style for 10 Years

COOFANDY, the leading men's fashion brand renowned for its versatile and stylish apparel, is proud to celebrate its 10th anniversary. Over the past decade, COOFANDY has grown from a bold idea into one of Amazon’s top menswear brands—dominating search results for "men's shorts" and "men's shirts," and earning the coveted "Amazon's Choice" designation for several of its best-selling pieces.

Launched in 2015 with a simple yet powerful belief—that every man deserves to look his best at every stage of life—COOFANDY has become a go-to brand for stylish, accessible, and versatile fashion. From casual linen shirts and comfortable t-shirts to elevated blazers and dress shirts, COOFANDY’s collections are designed to accompany men through life’s biggest milestones—from school and work to weddings, fatherhood, and beyond.

“COOFANDY was born from the desire to give men the confidence to express themselves through clothing,” said Sidney Sun, CMO of COOFANDY. “Ten years later, we’re humbled to see our vision resonate with millions around the world. I want to thank our incredible team for their dedication and commitment—it’s their passion that has brought this brand to life and continues to drive us forward.”

Named for the fusion of “cool” and “dandy,” COOFANDY’s name reflects its mission to blend modern fashion with timeless style—helping men feel seen, confident, and ready to write their own stories. The brand remains committed to designing clothing that doesn’t just look good—but feels authentic to the men who wear it.

About COOFANDY

Founded in 2015, COOFANDY is a leading menswear brand and Amazon's #1 men's fashion brand, built on the belief that every man deserves to look and feel his best throughout life's journey. The brand offers a comprehensive collection of refined essentials, from business shirts and suits to casual wear and formal attire, thoughtfully crafted to accompany men through every significant milestone—from career achievements to personal celebrations. With a focus on elevated design, premium fabrics, and attainable luxury, COOFANDY empowers modern men to navigate their professional and personal lives with confidence and style. The brand's commitment to quality, accessibility, and thoughtful design has established COOFANDY as a trusted destination for men seeking versatile, well-crafted wardrobe essentials that reflect both their aspirations and authentic selves.

For more information, please visit the COOFANDY website and Amazon storefront, or connect with COOFANDY on Facebook and Instagram.

Media Contact

Megan Reeves
megan@amp3pr.com

May 19, 2025 7:36 AM

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MONACO

Monaco1: The New Portal That Brings Everything About Monaco in One Place Using AI

Forget about searching for information across multiple websites, Facebook groups, or street posters. Monaco1 is the first AI-powered platform in Monaco that has gathered everything in one place: restaurants, events, listings, real estate, and classifieds. Everything you need is now available in a second!

Monaco1 uses AI technology to update information daily, ensuring accuracy, relevance, and convenience for users. The platform is designed for residents, tourists, and businesses, allowing users to find what they need quickly and effortlessly.

"We’ve gathered everything about Monaco in one place so you don’t have to search on different platforms. Monaco1 is the intelligent guide to the Principality that is always at hand," says the development team.

What Makes Monaco1 Unique

Dynamic updates: Information is updated daily — no outdated pages or broken links.
Comprehensive coverage: Monaco1 brings together events, listings, classifieds, and a premium catalog of venues and businesses.
User-friendly interface: Convenient on mobile devices, tablets, and desktops.
For businesses: Free promotion of services, products, and events.

The platform is already actively used by local businesses, and the number of users grows daily. Monaco1 is not just a website — it is the only place to find and consume all the up-to-date information about Monaco.

The portal is available at monaco1.com — for everyone who values comfort, speed, and relevance.

About Monaco1

Monaco1 is a premium digital platform that connects residents, businesses, and visitors with the very best of the Principality of Monaco. Through a curated directory, exclusive classifieds, and event listings, Monaco1 provides access to luxury services, real estate, local experiences, and verified business insights. With a mission to deliver excellence, visibility, and convenience, Monaco1 serves both users seeking quality and businesses targeting a high-value audience. For more information, visit monaco1.com.

Media Contact

Maria Kapina
info@monaco1.com

May 18, 2025 12:01 AM

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BALTIMORE, MD

Meet the Black CIA Officer Fired Over a Rap Song

Steve Gary Jones Jr., a former CIA employee from Maryland, is speaking out through art, activism and now entertainment. A Black man who served more than a decade in the CIA’s Security Protective Service, Jones alleges he was fired over a rap song that called out systemic racism within the agency.

His new memoir, "Closed Letter: Racism in the CIA," offers a powerful and personal account of the events leading up to his termination. The book shares its title with his rap song "Closed Letter," available on major streaming platforms. Far from a simple creative outlet, the track serves as a bold exposé of racial injustice inside one of the country’s most secretive institutions.

Jones, a Baltimore native and graduate of Johns Hopkins University’s Carey Business School, filed an Equal Employment Opportunity Commission complaint on January 14, 2013, alleging discrimination and racial bias within the CIA. After a year with no resolution, he recorded the rap song that later drew the agency’s attention. Once the CIA’s Office of Public Affairs was notified of the track, Jones was placed on nine months of administrative leave before being terminated in February 2014 by a peer review board.

Although the song was released after the EEOC filing, the agency treated the two matters as separate. Jones pursued legal appeals and a request for reconsideration, but his case was ultimately dismissed — without his original discrimination claims being addressed. His case is now documented in Westlaw, a legal research database. Jones would have qualified for retirement in 2023 had he not been terminated.

In addition to his government service, Jones is known online as "Stevieweevie," a comedic alter ego behind viral sketches, stand-up clips and commercials featured on World Star Hip Hop between 2010 and 2015. Behind the scenes, he was balancing a federal career and his creative pursuits.

In 2024, Jones spent nearly a year in Dubai, where he wrote "Closed Letter: Racism in the CIA." The book was published September 26, 2024. He now hopes to bring the story to a wider audience through a film or television adaptation.

“I was ignored like most Black people in the workplace,” Jones said. “My goal now is to turn this untold, extraordinary hip-hop-meets-intelligence story into something that can’t be silenced — a film or TV series that speaks truth to power.”

The book is available on Amazon. The song can be streamed on Spotify and Apple Music.

For media inquiries, speaking engagements or collaboration opportunities, contact Steve Gary Jones Jr. at stevegjonesjr@gmail.com or @stevieweevie71 on social media.

Media Contact

Steve Jones
stevegjonesjr@gmail.com

May 16, 2025 8:05 PM

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GRANTS PASS, OR

Vetr Announces Plans to Offer ToltraMax Oral Solution Upon Platform Launch

Vetr, an upcoming telehealth platform focused on providing pet owners with access to veterinary products and services, has announced its intention to include ToltraMax, a toltrazuril-based oral solution, as part of its product offerings when the platform launches later this year.

ToltraMax is an oral solution formulated for use in multiple species, including dogs, cats, horses and other non food chain animals. Its active ingredient, toltrazuril, is widely used in veterinary settings to manage intestinal health challenges related to coccidia, a common protozoan parasite affecting a variety of animals.

While Vetr’s platform is still in development, ToltraMax is currently available for purchase through Amazon, Walmart, horseprerace.com, toltrazuril.com, and vetr.com, serving caretakers of equine and companion animals.

“Expanding access to essential veterinary products is a core part of Vetr’s mission,” said Andrew Hamilton, founder and CEO of Vetr. “ToltraMax aligns with our goal of providing practical, broad-use solutions and compounded drugs for pet owners and animal caretakers, making it an important addition to our future product lineup.”

Vetr aims to simplify the process of obtaining veterinary-recommended medications through a digital platform designed for convenience and accessibility. The platform will offer an online pharmacy, educational resources, and telehealth consultations, supporting responsible pet care and providing guidance on product usage.

Recently, Vetr secured $21 million in funding from Palehorse Capital to support the platform’s development and product expansion, including a nationwide online pharmacy. This investment will assist in launching a comprehensive online marketplace for veterinary products, including ToltraMax, alongside efforts to lower the overall cost of pet medications for consumers.

Upon launch, Vetr will provide pet owners with a streamlined purchasing experience, while emphasizing the importance of professional veterinary consultation. The platform will not replace veterinary care but will serve as an additional resource for accessing trusted products and information.

For updates on Vetr’s launch and product availability, visit vetr.com.

About Vetr

Vetr is a telehealth platform transforming pet healthcare by making veterinary services more affordable, accessible and efficient. Through its easy-to-use app, pet owners can schedule appointments, consult remotely with licensed veterinarians and access low-cost, over-the-counter animal prescriptions. Founded by Andrew Hamilton, Vetr is dedicated to delivering high-quality, cost-effective care for pets nationwide. With a focus on generic medications and virtual care, Vetr is redefining how modern pet owners manage their animals’ health. Learn more at vetr.com.

Media Contact

Media Relations
sales@vetr.com

May 16, 2025 5:55 PM

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NEW YORK, NY

New York City Rallies Behind Iconic Museum of the City of New York (MCNY) for First Annual Gotham Dreams Gala

The Museum of the City of New York (MCNY) is pleased to announce its first annual Gotham Dreams gala, taking place on Wednesday, June 11, 2025, at Cipriani 42nd Street. This year’s celebration will spotlight the unifying impact of sports, media, and entertainment in shaping the identity of the greatest city in the world.

The Museum will honor Candace Bushnell, bestselling author, producer, and creator of Sex and the City, for her profound influence on New York City's cultural landscape; Carmelo Anthony, the Brooklyn-born, 10-time NBA All-Star, Naismith Hall of Fame Class of 2025 inductee, entrepreneur, and philanthropist whose impact extends far beyond the basketball court; and John McEnroe, Hall of Fame tennis legend, New York Times #1 Best Seller, and philanthropist celebrated for his passion and excellence, both on and off the court.

“We are proud to celebrate the vibrant role that sports, media, and entertainment play in bringing New Yorkers together,” said Stephanie Hill Wilchfort, the Ronay Menschel Director and President of the Museum of the City of New York. “New York is the perfect backdrop to honor Candace Bushnell, Carmelo Anthony, and John McEnroe—each of whom has helped define the city's spirit through creativity, talent, and passion.”

“We're thrilled to unite passionate New Yorkers who believe in celebrating our city's rich past while boldly shaping its future," said Matt Brown, Board Chair of the Museum of the City of New York. "Together, we're not just preserving history—we're making it."

The gala will convene a powerful coalition of corporate sponsors across New York’s business and cultural communities including Apollo Global Management, Ares Management, Atlantic Investment Management, Avenue Capital Group, Bank of America, Blue Owl Capital, Brightstar Capital Partners, CAIS, Calamos Investments, Carlyle, The Citco group of companies (Citgo), Consello, Davidson Kempner Capital Management, Ernst & Young, Finley Point Strategy, Fortress Investment Group, Franklin Templeton Investments, FT Partners, GEM, GoldenTree Asset Management, Golub Capital, Grafine Partners, Hamilton Lane, Kinderhook Industries, Monroe Capital, MontaRosa, Morgan Stanley Global Sports & Entertainment, Newmark, Oak Hill Advisors, Partners Group, Prosek Partners, RBC, Silvercrest Asset Management, Sound Point Capital, Stone Point Capital, TPG Inc., Vista Equity Partners, and William Morris Endeavor.

“I’ve always believed New York City is where dreams are born—and where they come true,” said Candace Bushnell. “It’s a pleasure to be recognized by the Museum of the City of New York, a place that tells the stories of this remarkable city with brilliance and heart.”

“New York is home—it’s where I’ve poured my blood, sweat, and tears,” said Carmelo Anthony. “The community here has always been my driving force and being recognized by the Museum of the City of New York, in the very place that shaped me, inspired me, and continues to support me, is a true honor.”

“To be honored by the Museum of the City of New York—a place that celebrates my home city and what I believe to be the greatest city in the world, is very exciting to me,” said John McEnroe.

The Gotham Dreams Co-Chairs include Christy and Ed Burns, Chris Brown, Marisa and Matt Brown, Cynthia and Bernard Curry III, Patricia and Alexander Farman-Farmaian, Ayla and Antonio Farnos, Meredith and Brian Feurtado, Elizabeth and Robert Jeffe, Cindy and Stephen Ketchum, Tracey and Kenneth Pontarelli, Ronay and Richard Menschel, Renira Morris, Sulaiman Muhammad, Toby Milstein Schulman and Judah Schulman, Margaret Sung and Michael Schmidtberger, and Heather and Bill Vrattos.

Proceeds from Gotham Dreams will support the Museum’s public programs and educational initiatives that serve tens of thousands of New York City students and families each year, as well as its groundbreaking exhibition program—exemplified by critically acclaimed shows like Above Ground: Art from the Martin Wong Graffiti Collection, Urban Stomp: Dreams & Defiance on the Dance Floor, You Are Here: An Immersive Film Exhibition, and New York at Its Core.

For more information, please visit www.mcny.org/gala.

About Museum of the City of New York (MCNY)

The Museum of the City of New York fosters understanding of the distinctive nature of urban life in the world’s most influential metropolis. MCNY engages visitors by celebrating, documenting, and interpreting the city’s past, present, and future. For more information, visit www.mcny.org.

Media Contact

Christopher Gorman
cgorman@mcny.org

May 16, 2025 11:02 AM

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ONTARIO, Canada

Canadian Insulin: Ozempic Price Comparison Reveals Shocking Global Differences

Canadian Insulin, today shared insights about Ozempic (semaglutide) and the high cost of prescription medications in the U.S., which has been a major concern for years. Ozempic, a popular diabetes medication also prescribed for weight loss, highlights this issue with its strikingly higher price in the U.S. compared to other countries.

While patients in the U.S. pay top dollar for this medication, those in other countries often pay significantly less. Here, we explore the current state of the Ozempic price, the reasons behind these variations, and what it means for patients needing these medications.

The Global Price Divide for Ozempic and Similar GLP-1 Drugs

A recent study by the KFF, formerly known as The Kaiser Family Foundation, reveals staggering price differences for Ozempic between the U.S. and other high-income countries. In the U.S., the monthly Ozempic price is around $936, more than five times higher than Japan’s $169 list price. Other countries offer even more affordable options: $93 in the U.K., $87 in Australia, and only $83 in France.

Meanwhile, across the globe, Canada charges $147, Switzerland $144, and both Germany and the Netherlands list the price at $103. Even Sweden’s price of $96 is a far cry from what Americans pay.

While the U.S. remains one of the highest-priced regions for these drugs, the disparity is similar for Wegovy, another popular GLP-1 agonist produced by Novo Nordisk that is marketed primarily for weight loss. In the U.S., Wegovy’s list price is $1,349 per month, compared to Germany’s $328—a drastic fourfold difference. The Netherlands also sees a significantly lower price, at $296, making the gap even more striking.

Why Is Ozempic So Much More Expensive in the U.S.?

Several complex factors influence the elevated price of Ozempic and similar drugs in the U.S. compared to other countries:

Lack of Direct Price Negotiation: Unlike many countries where governments negotiate directly with pharmaceutical companies to set standardized prices, the U.S. allows drug manufacturers to set prices independently. Recently, the Inflation Reduction Act provided Medicare with the ability to negotiate prices for some drugs. However, it currently does not include GLP-1 drugs like Ozempic and Wegovy.
Role of Intermediaries: Pharmacy Benefit Managers (PBMs) and other intermediaries add another layer of complexity and cost. While PBMs often negotiate discounts, these rebates do not necessarily lead to lower out-of-pocket costs for patients. In fact, each $1 increase in rebates can raise the list price by about $1.17, as noted by USC Schaeffer Center research.
Insurance and Access Issues: For Americans who rely on private health insurance, the price of Ozempic varies depending on insurance coverage. While some patients can access the medication for a lower co-pay, those without coverage may struggle to afford it. Currently, Medicare does not cover weight-loss medications unless they also target specific health conditions like diabetes or heart disease. However, there is growing advocacy for Medicare coverage to expand to include GLP-1 drugs for obesity.

Can Americans Access Lower Prices?

Many patients and policymakers are concerned about the financial burden imposed by Ozempic’s high cost. While insurance plans may provide some relief, patient assistance programs and coupons can further reduce expenses. For example, Wegovy offers patient coupons that provide up to $500 off monthly costs, though this may still leave substantial out-of-pocket expenses. Additionally, some Americans explore compounding pharmacies or look to neighboring countries like Canada, where the list price is substantially lower.

Canadian Insulin: A More Affordable Solution for U.S. Diabetes Patients

For many Americans struggling with the high cost of diabetes medications, Canadian Insulin offers a more affordable alternative. Thanks to government price controls and bulk purchasing agreements, medications like insulin and other diabetes treatments are significantly less expensive in Canada compared to the U.S. By working with trusted Canadian pharmacies, U.S. residents can access essential drugs at a fraction of the price, offering relief for those who struggle to afford diabetes care in the U.S.

Canadian Insulin simplifies the process for U.S. customers by offering a secure, user-friendly platform for purchasing medications, including insulin and GLP-1 agonists like Ozempic. With over 1,500 5-star reviews, efficient shipping services, and exceptional customer support, Canadian Insulin ensures that patients can receive their medications in a timely and hassle-free manner, providing a crucial, cost-effective solution for managing long-term diabetes care.

The Future of GLP-1 Drug Access and Affordability

As the popularity of GLP-1 agonists like Ozempic continues to rise, the high costs remain a significant barrier for many. Legislative action, increased competition, and expanded insurance coverage may eventually lead to lower prices and greater access for U.S. patients. Until then, patients and providers alike will continue to navigate the challenges presented by these pricing discrepancies.

Frequently Asked Questions (FAQs)

Why does Ozempic cost so much more in the U.S. than in other countries?

The U.S. healthcare system lacks centralized price negotiations that are standard in many other countries, which leads to higher list prices set by drug manufacturers. Additionally, the role of PBMs and intermediaries in the U.S. further drives up costs due to rebates and administrative fees that contribute to high list prices.

Are Americans paying the full list price for Ozempic?

While the list price is high, few insured Americans pay the full amount. Many receive Ozempic at a reduced cost through private insurance or benefit programs, though out-of-pocket expenses remain high for those without coverage.

Will Medicare ever cover Ozempic and similar drugs for weight loss?

A recent bill, the Treat and Reduce Obesity Act, aims to expand Medicare coverage for GLP-1 drugs used for weight loss. If passed, it could pave the way for Medicare and possibly private insurers to provide more comprehensive coverage.

Can Americans purchase Ozempic at a lower cost outside the U.S.?

Some Americans find savings by purchasing Ozempic from countries where it is priced lower, such as Canada. However, patients should consult with healthcare providers to ensure they are following legal and safe practices when considering international sources.

Are there alternatives to Ozempic for weight loss and diabetes management?

Yes, there are alternative treatments for both weight loss and diabetes. Older medications, lifestyle interventions, and newer, generic GLP-1 agonists can also be effective. Patients should consult healthcare providers to explore options that fit their health and budget needs.

Media Contact

Canadian Insulin
service@canadianinsulin.com

May 15, 2025 1:51 PM

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FORT LAUDERDALE, FL

Harris Northwest Advisors Represents The Complex in Sale to AEG Presents

In a landmark transaction uniting two powerhouses in live entertainment, Harris Northwest Advisors advised on the sale of The Complex — Salt Lake City’s iconic live music and events venue — to AEG Presents, one of the globe’s foremost leaders in music and entertainment.

The acquisition marks a significant milestone for both parties with AEG Presents expanding its footprint in the Rocky Mountain region by acquiring its first owned and operated venue in Salt Lake City. Located at 536 West 100 South, The Complex has long been regarded as a cornerstone of the city’s vibrant music scene, offering a diverse range of indoor and outdoor performance spaces and hosting over two million music fans since its founding in 2010.

"This transaction was especially meaningful given The Complex’s cultural impact on Salt Lake City and its legacy as a top-tier venue," said Ed Harris, founder and CEO of Harris Northwest Advisors. "We were honored to help guide the ownership through this milestone and ensure the venue’s continued success under AEG Presents."

"This acquisition is not only a testament to the venue’s strong market position and loyal fan base, but also a powerful endorsement of Salt Lake City’s growing influence in the national live entertainment landscape,” added Jabarie Campbell, Partner at Harris Northwest Advisors.

“Working with Harris NW Advisors was one of the best decisions of my life," said Gabe Elstein, founder and CEO of The Complex, praising Harris Northwest Advisors for their role in the sale process. "From start to finish, our deal took nearly a year. Throughout that time, they were there—every step of the way. Saturday evenings, early mornings—it didn’t matter. He always picked up the phone, always brought fresh insight, and always made me feel like I was their top priority. I easily spent hundreds of hours on the phone with him, and never once did they make me feel like a burden."

Elstein found the entire process a positive experience, adding "Their ability to navigate negotiations, analyze every angle, and calmly guide me through tough decisions was extraordinary. In the end, we secured a deal far better than I had ever imagined."

The Complex includes multiple event spaces, most notably the 2,500-capacity Rockwell, the 850-capacity Grand, and the 4,000-capacity Lot for outdoor summer concerts. Over the years, the venue has welcomed top-tier artists across genres, including Billie Eilish, Travis Scott, Slayer, Lil Wayne, Macklemore, and J. Cole, among many others.

AEG Presents plans to build on The Complex’s strong foundation while preserving its unique character.

“The Complex is the backbone of live music in Salt Lake City,” said Don Strasburg, President of the Rocky Mountains and Pacific Northwest Regional Offices at AEG Presents. “We have always loved promoting shows at The Complex and are so thrilled to bring AEG Presents’ knowledge, relationships and resources together with the entire management team. We are diligently reviewing every opportunity to enhance the already stellar patron and artist experience to make sure the live music fans get even better world class experiences.”

The existing staff of The Complex will remain in place, including General Manager Paul Brucks, ensuring a smooth transition and continued excellence in operations and event curation.

“After 15 years as an integral part of the Salt Lake City music scene, we’re looking forward to taking things to the next level as an AEG Presents venue,” said Paul Brucks. “We've always been focused on providing the exceptional live music experience for our community and this will allow us to expand on that endeavor."

The sale of The Complex to AEG Presents highlights the continued growth and evolution of Salt Lake City’s live music ecosystem, promising increased opportunities for both artists and audiences alike.

About Harris Northwest Advisors

Harris Northwest Advisors is a leading boutique M&A advisory firm. We specialize in representing privately-held middle market companies pursuing exits. With roots in the Pacific Northwest and a national presence, we provide trusted, independent market expertise and a relentless client focus. Our firm has a global reach and our team of professionals has worked on over 100 transactions. The M&A professionals at Harris Northwest Advisors have over $20 billion of deal experience across a variety of industries and deal types. For more information, visit harrisnwa.com.

Media Contact

Jabarie Campbell
jabarie@harrisnwa.com

May 15, 2025 9:52 AM

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SAN FRANCISCO, CA

Marvelous Leads the Experiential AI Movement at AI Insiders: Media & Content Live Event in San Francisco

AI Insiders: Media & Content, a landmark live event hosted by Marvelous on May 14, gathered 150 curated guests, including founders, VCs, journalists, and AI creatives, on the edge of the Silicon Valley, beneath the glow of Swissnex’s iconic Pier 17 in San Francisco.

It was a full-sensory, real-time experience where saxophone and Napa reds meet algorithmic piano, journalism, unscripted insights on the future of agentic AI, fundraising on media, and AI-powered creativity.

“We don’t just want people to hear about the future, we want them to feel it,” says Merve Isler, founder and CEO of Marvelous, while opening the AI Insiders event. “This night is about immersion, intuition, and insight, the human side of machine intelligence.”

Insights from the AI Insiders Stage

The stage hosted bold voices exploring the ethical, cultural, and technological frontiers of AI-driven media and content creation.

Prof. De Kai – Co-creator of Google Translate: “We are the last generation of humans to have the privilege of parenting the AIs. Every future generation of AIs will be raised by AIs.”
Cüneyt Özdemir – Journalist and founder of DeepNot.tv: “We built the world’s first AI-powered news website, without a single journalist.”
Avni Barman – Founder of Gen She: “If you’re not a huge celeb or a micro-creator with a cult following, you’ll get crushed in the middle. There are no shortcuts anymore.”
C.C. Gong – Principal at Menlo Ventures: “If you don’t know who’s going to hand you your first $100M in revenue, you’re not building a business, you’re gambling.”
Victoria Herlitz – Scaled Partner Manager & Program Lead at Meta and panel moderator: “Social media used to connect people. Now it’s mostly media, and we’re lonelier than ever. I’m curious what will bring the ‘social’ back.”
Prof. Ramesh Raskar – MIT Media Lab: “If we work hard to keep these ecosystems open, vibrant, and neutral, we’ll see thousands of creators building the intelligent world, not just using it."
Julian Reyes – Director of Virtual Worlds Museum: “Nobody knew what a website was at the beginning of the internet. Now we’re at that same inflection point, with AI-prompted worlds.”

Innovation in Real Time: Marvelous × PLAUD.AI × Pirix

This release was crafted and published before the final session ended, a milestone in real-time editorial collaboration powered by AI. As thought leaders on stage explored the frontiers of generative storytelling, AI agents, and synthetic journalism, PLAUD.AI and media-content visibility platform Pirix worked seamlessly behind the scenes, capturing, structuring, and transforming every key moment into a cohesive narrative in real time.

PLAUD.AI, a San Francisco-based leader in AI-native note-taking technology, recorded and intelligently organized every key moment of the event. In parallel, the Pirix team worked live to write, edit, and release a fully formed press bulletin before the event officially concluded.

This seamless collaboration transformed Marvelous's AI Insiders event series into a media milestone, where the content became the communication.

Another evening highlight was an AI-powered piano performance by Ayşedeniz Gökçin (AyseDeniz Gokcin), a globally acclaimed pianist and composer who integrates classical music with machine learning. Her live piece, “AI-Improv Piano Journey” explored classical themes re-imagined with AI accompaniment, combining emotional depth, narrative structure, and real-time AI interaction, offering a unique example of how creativity and computation can come together. KAWAI, a partner of this session, made it possible to close the event with a hybrid performance of classical artistry and machine improvisation.

At AI Insiders: Media & Content, the startup showcase featured a lineup of emerging ventures shaping the future of media with AI. Presenting on stage were HOOPT (Ali Dagli), Boundless AI (Archna Sharma), NewPort AI (Melis Gullu), KLING AI (Tony Pu), and BitHuman AI (Efe Aladag). Each brought forward innovative approaches to how content is created, distributed, and experienced through artificial intelligence.

Partners for this event included Marvelous, Swissnex, Pirix, HOOPT, PLAUD.AI, and KAWAI.

About Marvelous

Marvelous is an AI-powered experiential B2B marketing platform that transforms brand moments into measurable outcomes. By combining intelligent agents with physical presence, Marvelous helps brands create events that drive real connection—fast, scalable, and human-centered. Founded by Merve Isler, Marvelous has powered over 160 communities globally and now leads the AI Insiders series. In this curated space, the builders of tomorrow can meet, collaborate, and feel what’s next. For more information, visit themarvelo.us.

About AI Insiders

AI Insiders is more than just a series of events; it is a global network of high-impact AI gatherings, designed to unite innovative founders, investors, and enterprise leaders. It offers exclusive access to deal flow, deep insights, and a focus on community-first values. This network is where the future of AI collaboration begins. To learn more, visit themarvelo.us/ai.

Media Contact

Merve Isler
merve@themarvelo.us

May 14, 2025 2:52 PM

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ROAD TOWN, British Virgin Islands

Black Banx Reports USD $1.6 Billion Pre-Tax Profit in the First Quarter of 2025

Black Banx Group today announced a first-quarter 2025 profit before tax of USD $1.6 billion, more than doubling the $639 million reported in Q1 2024. The Group also posted record quarterly revenues of $4.3 billion, driven by sustained client growth, higher platform activity, and further operational efficiencies powered by artificial intelligence.

The cost/income ratio improved to 63%, compared to 69% in Q1 2024 and 68% at year-end 2024, reflecting continued focus on scalable growth and cost discipline. Black Banx’s global customer base expanded to 78 million clients as of March 2025, up from 69 million at the end of 2024.

“Our Q1 results mark a powerful start to the year and validate our long-term strategy,” said Michael Gastauer, Group CEO. “By combining strong client acquisition with intelligent automation, we’ve created a business model that drives profitability while enhancing service quality. Surpassing $1.6 billion in quarterly profit for the first time shows what’s possible when innovation and execution come together.”

Daniel Dumitrascu, Group CFO, added: “This exceptional quarter demonstrates the scalability of our platform and the financial resilience of our business model. Revenue growth across all customer segments, coupled with disciplined cost management, has positioned us to deliver even greater shareholder value in 2025. We remain focused on further optimizing our capital structure, supporting expansion, and delivering consistent returns.”

Black Banx credited its robust performance to increased monetization of its client base across both private and business segments, growth in international payment volumes, and greater use of AI to optimize customer onboarding, fraud detection, and service delivery.

Strategic Priorities for 2025

Grow the customer base to over 100 million by year-end
Continue improving operational efficiency and reduce the cost/income ratio
Accelerate expansion into underbanked regions in Africa, South Asia and Latin America
Enhance shareholder value through strong earnings and capital distributions

About Black Banx Group

Black Banx Group is a leading global fintech, serving over 78 million customers across more than 180 countries. With over 8,700 employees and offices on four continents, we deliver secure and all-inclusive digital banking services to individuals, businesses, and institutions worldwide. Black Banx is committed to innovation, financial accessibility, and seamless cross border financial solutions. For more information, visit www.blackbanx.com.

Media Contact

Black Banx Media Relations
mediateam@blackbanx.com

May 14, 2025 10:29 AM

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ATLANTA, GA

Tacilent.ai Partners with KYXStart to Launch Real-Time 'Know Your Entity' and 'Know Your Vendor' Risk Intelligence

Tacilent.ai, a leader in AI-driven risk management and intelligence, today announced a strategic partnership with KYXStart, a global innovator in digital identity verification, to deliver instant, comprehensive risk assessments for organizations’ portfolios, vendors, customers, and beyond. This collaboration integrates KYXStart’s advanced KYC/KYB/AML verification capabilities directly into Tacilent’s flagship AI risk platform, unlocking new features—Know Your Entity and Know Your Vendor—for near real-time, actionable risk intelligence.

The partnership addresses a critical need for organizations to move beyond static, manual risk assessments and gain continuous, actionable intelligence into the entities they do business with. By combining Tacilent’s proprietary AI models with KYXStart’s trusted global data sources, clients gain a unified, intelligent view of risk-across compliance, financial, and reputational factors-enabling smarter decisions at speed and scale.

“Our clients demand certainty and speed in today’s volatile environment,” said Ron H. R. Johnson, founder and CEO of Tacilent.ai. “By partnering with KYXStart, we’re empowering organizations to instantly evaluate the risk posture of any business relationship-whether it’s a portfolio company, vendor, or customer. The new Know Your Entity and Know Your Vendor features go far beyond basic verification, providing deep, contextual intelligence that drive smarter, faster decisions and unlocks new opportunities for growth.”

KYXStart’s AI-driven platform delivers seamless, secure, and highly configurable identity verification, optimizing both cost and performance for enterprises worldwide. Its advanced verification engine leverages approved global data sources to provide not just binary yes/no answers, but enriched data elements that feed directly into Tacilent’s AI models. This enables clients to predict behaviors, assess risks, and personalize strategies with unprecedented accuracy and efficiency.

“Trust and intelligence are the foundation of modern business,” said Ravi Bijlani, CEO of KYXStart. “Together with Tacilent, we are redefining what’s possible in risk management and intelligence-enabling organizations to continuously monitor and mitigate risks across financial, cyber, compliance, and reputational domains in near real time. Our partnership ensures that clients can onboard, evaluate, and manage business relationships with confidence and agility.”

Key Benefits of the Partnership

Instant, AI-powered risk assessments of businesses, vendors, and customers
Continuous monitoring across financial, cyber, safety, geopolitical, brand, and reputational domains
Seamless integration of KYXStart’s KYC/KYB data into Tacilent’s AI risk platform
Actionable intelligence for private equity, financial services, consulting, and enterprise clients
Enhanced compliance, security, and operational efficiency

This partnership marks a significant leap forward for organizations seeking to transform risk management from a reactive process to a proactive, strategic advantage. Learn more at www.tacilent.ai and www.kyxstart.com.

About Tacilent.ai

Tacilent.ai empowers organizations to overcome 21st-century complex challenges with actionable risk intelligence. Built by a team of experts from national security, consulting, and Fortune 50 companies, Tacilent’s AI risk platform delivers continuous, predictive risk intelligence for today’s complex business landscape. To learn more, visit www.tacilent.ai.

About KYXStart

KYXStart is a global leader in AI-powered identity verification, providing advanced KYC and KYB solutions for comprehensive compliance and security. KYXStart’s platform streamlines onboarding, optimizes costs and performance, and leverages trusted data sources to deliver accurate, scalable, and efficient verification for businesses worldwide. For more information, visit www.kyxstart.com.

Media Contact

Ron Johnson
info@tacilent.ai

May 14, 2025 10:20 AM

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SINGAPORE

International Centre for Industrial Transformation (INCIT) Launches OPERI Globally to Help Small Manufacturers Boost Efficiency by 2025

The International Centre for Industrial Transformation (INCIT) launched OPERI, a revolutionary self-assessment app designed to help micro and small manufacturers enhance operational efficiency and accelerate business growth. Available in 10 languages, the OPERI app aims to empower 500,000 MSMEs globally by the end of 2025, with a focus on increasing digital literacy, improving production processes, and enabling smarter decision-making.

The Operational Excellence Readiness Index (OPERI) app offers small manufacturers a straightforward, mobile-first tool to assess their operational maturity across 18 key dimensions. The app’s features include:

A structured self-assessment to evaluate core business areas such as production, human resources, and cost management
An instant report providing a Star Emblem rating system for benchmarking performance
A personalized transformation roadmap outlining key areas for improvement and actionable next steps

Typically, assessments of this scale require weeks of consulting and significant financial investment. However, OPERI offers a cost-effective alternative, with a one-time fee of only €32 (local terms and conditions apply, including tax). This makes it an accessible option for small manufacturers looking for valuable insights without the hefty price tag of traditional consulting services.

“We created OPERI with small manufacturers in mind—businesses that often lack the resources for external consultants but still need actionable insights to grow,” said Executive Director at INCIT. “By offering a simple, data-driven tool, we’re helping MSMEs gain the clarity and direction needed to thrive in today’s challenging economy.”

OPERI is not only designed for small manufacturers but also offers significant benefits to governments and trade associations. The app’s XIRI Analytics platform aggregates anonymous data from users, providing valuable insights into national and regional manufacturing health. This data can be used to inform policy decisions, support reskilling initiatives, and foster industry-wide growth.

With over 400 million small businesses globally, the launch of OPERI represents a critical step toward narrowing the productivity gap between large corporations and smaller enterprises. Governments in regions such as North America, Europe, and Asia-Pacific have already shown interest in leveraging OPERI’s data analytics to support their manufacturing sectors.

The OPERI app is now available for download on iOS and Android. To celebrate the launch, early users will receive a 60% discount on assessments, priced at €32 for a limited time.

Media Contact

Charmaine Chong
charmaine.chong@incit.org
+65 6019 8015

May 14, 2025 4:00 AM

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SACRAMENTO, CA

New Research Shows Billions in Economic Risk from Continued State Inaction on Water Supply

A new economic analysis by Jay Lund (UC Davis), Josué Medellín-Azuara (UC Merced), and Alvar Escriva-Bou (UC Davis) shows the high cost of inaction on California’s perpetual water supply challenges, estimating that the state could lose enough water annually to supply up to 9 million households—with economic losses totaling between $3.4 billion and $14.5 billion per year, depending on the severity of the scenario.

The study, Inaction’s Economic Cost for California’s Water Supply Challenges, builds on prior research showing that California’s total water supply is on track to shrink by 12–25% by 2050, a loss of up to 9 million acre-feet per year, equivalent to one or two Lake Shastas. The new report emphasizes that without coordinated state action, these reductions could result in the fallowing of up to 3 million acres of farmland, the loss of 67,000 jobs, and lasting damage to California’s agricultural and rural communities.

The research underscores the urgency of Senate Bill 72, authored by Senator Anna Caballero, which would create the first-ever statewide water supply target and direct California to develop 9 million acre-feet of new water supply by 2040. The bill aims to bring federal, state, regional, and local partners together to better plan, invest, and build toward a more secure, reliable, and sustainable water future.

The study identifies four primary factors contributing to California’s anticipated water supply decline:

Groundwater Management: Implementation of the Sustainable Groundwater Management Act (SGMA) limiting groundwater extraction.
Climate Change: Diminished snowpack reducing natural water storage.
Environmental Needs: Increased water requirements to support ecosystems and combat sea-level rise.
Colorado River Reductions: Decreased allocations affecting Southern California.

“We’ve done the math—and the costs of inaction are high economically and environmentally,” said Dr. Jay Lund, Professor of Civil and Environmental Engineering at UC Davis. “California urgently needs a long-term, statewide strategy to prepare for growing water challenges ahead.”

While conservation efforts remain vital, the research indicates they alone are insufficient to address the projected water deficit. New investments in stormwater capture, water recycling, desalination, and storage and conveyance infrastructure are also essential.

“California’s water system was designed for a climate that no longer exists,” said Senator Caballero. “SB 72 provides a roadmap to adapt our water strategies and tactics to meet the demands of our changing environment, expanding economy, and growing population.”

“From the local perspective, a statewide strategy to improve California’s water resilience that includes long-term planning and investment will not succeed without measurable outcomes and timelines,” said Paul Cook, General Manager of Irvine Ranch Water District. “SB 72 represents a critical step toward aligning regional efforts with a broader, coordinated vision—ensuring that communities across California are better equipped to address ongoing and future water supply challenges.”

Last year, Senator Caballero authored a similar bill that enjoyed unanimous support from the Legislature in both houses but was vetoed by Governor Newsom due to budget concerns and a budget deficit. SB 72 includes many of the same provisions and with a better budget year projected and increased pressure from climate driven wildfires, the coalition is optimistic that the bill can generate unanimous legislative support again and get a signature from Governor Newsom.

Co-sponsors of SB 72 include the California Municipal Utilities Association (CMUA), the California State Association of Counties (CSAC), and the California Council for Environmental and Economic Balance (CCEEB).

To read the newest research, Inaction’s Economic Cost for California’s Water Supply Challenges, click here.

To learn more about SB 72, visit the state’s Legislative Bill Information portal.

About CA Water For All

CA Water For All is a statewide effort seeking to educate policymakers on the urgent need for a legislative solution to address California’s ongoing water supply challenges. The effort is focused on bringing together the water community, policymakers, and stakeholders to collaborate on ensuring Californians have a sustainable and reliable water supply for all beneficial uses now and for future generations. To learn more or become a supporter, visit www.CaWaterForAll.com.

Media Contact

Jenny Dudikoff
jdudikoff@ka-pow.com

May 13, 2025 10:44 PM

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BEVERLY HILLS, CA

Red State Gold Launches New Service to Help Individuals Secure Their Financial Future with Precious Metals

Red State Gold Group, a trusted name in the precious metals industry, has launched a new service aimed at empowering individuals to diversify their portfolios and secure their financial futures. With a veteran-led team and a strong foundation of integrity, the company is offering a transparent, ethical alternative for those seeking financial stability amid economic uncertainty.

Red State Gold's new service provides expert guidance on precious metals like gold and silver. The company’s mission is to help clients make informed decisions about precious metals, all while maintaining the highest level of trust and transparency.

“Given the current political climate and market volatility, it’s more important than ever to have a reliable and transparent strategy,” said a representative from Red State Gold. “Our new service is designed specifically for those who value stability and want to protect their wealth with precious metals. We provide all the knowledge and support needed to help individuals make sound financial decisions during uncertain times.”

Veteran-Led Approach

What sets Red State Gold apart is its veteran-led team, with 50% of its members from military backgrounds. This leadership brings a unique perspective on discipline, resilience, and calm under pressure—traits that have been key to the company’s ability to weather industry challenges. With a focus on transparency, Red State Gold has built a reputation for providing ethical, cost-effective services that align with the values of its clients.

The new service offers individuals one-on-one assistance, helping them understand how precious metals can provide diversification and long-term security. With political and market conditions constantly in flux, the team is dedicated to offering solutions that empower clients to confidently make decisions.

Fostering Trust in Financial Security

As Red State Gold continues to expand its reach, the company remains committed to its values of integrity and transparency. The team’s mission is to provide exceptional service, helping clients build stable, diversified portfolios that protect their financial futures in the face of market volatility.

“Our clients trust us because we share the same values and priorities,” said the company representative. “We’re not just offering a service; we’re helping people secure their future in a way that aligns with their beliefs and long-term goals.”

About Red State Gold Group

Red State Gold Group is a veteran-led precious metals company committed to providing a transparent and ethical approach to purchasing precious metals. Specializing in gold, silver, and other valuable assets, we help individuals navigate the complexities of the market and make informed decisions to secure their financial futures. Built on a foundation of trust and integrity, Red State Gold serves clients across red states who are focused on protecting their wealth and diversifying their portfolios. For more information, visit www.redstategoldgroup.com or follow us on Facebook and LinkedIn.

Media Contact

Red State Gold
outreach@redstategoldgroup.com

May 13, 2025 12:45 PM

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SAN FRANCISCO, CA

iDen2 Expands Leadership Team With Key Hires Across Identity, Product, and Growth

iDen2, the company building the future of digital identity infrastructure, today announced the addition of three senior leaders to its team: Marius Scurtescu, Rodolfo Ergueta, and Erika Hakala. The hires come as iDen2 enters a new phase of product development and market expansion, following continued momentum across partnerships and engineering.

Each new team member brings deep experience in scaling critical systems and infrastructure at global companies including Google, Coinbase, Salesforce, and Onfido. Their collective backgrounds reflect decades of work across identity, enterprise platform development, and go-to-market execution — reinforcing iDen2’s mission to make digital identity more secure, portable, and accessible.

"We’re building infrastructure that underpins how identity works on the internet," said Alfy Louis, founder of iDen2. "That means we need people who’ve built the core systems the web runs on today — and who can apply that thinking to what comes next. Marius, Rodolfo, and Erika each bring that kind of depth."

Marius Scurtescu – Identity Infrastructure

Marius has spent the last 20+ years shaping internet identity — both in practice and in standards. At Google and Coinbase, he helped design and deploy OAuth and OpenID Connect, while also playing a key role in formalising those standards across the industry. His work has had a direct hand in how billions of people authenticate online. At iDen2, he brings that same long-term thinking to bear on the architecture of digital identity.

Rodolfo Ergueta – Product

Rodolfo has led product and strategy for AI, blockchain, and security platforms at global scale. At Salesforce, he launched and scaled products across emerging tech and core infrastructure — from enterprise-grade encryption and data protection to blockchain-based proofs-of-concept for regulated industries. He’s driven both innovation and commercial success in complex environments, and joins iDen2 to help translate deep technical work into real-world value.

Erika Hakala – Marketing & Growth

Erika is a B2B marketing leader with over a decade of experience building go-to-market foundations for high-growth startups. At Onfido, a leading identity verification provider, she played a key role during its hypergrowth years, helping scale the company ahead of one of the UK’s largest tech acquisitions in recent years. She brings a strategic lens to growth and a deep understanding of what it takes to build marketing engines that scale.

With these hires, iDen2 continues to deepen its bench across core infrastructure, product delivery, and growth — advancing its goal of delivering production-ready digital identity network.

About iDen2

iDen2 is an innovative company based in San Francisco that specializes in decentralized digital identity solutions. For more information, visit iden2.com.

Media Contact

Alfy Louis
alfy@iden2.com

May 13, 2025 11:00 AM

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SEATTLE, WA

Paramount Theatre and Bold Reuse Launch Reusable Cup Program, Backed by Seattle Public Utilities' Reuse Seattle Initiative

Bold Reuse is proud to announce a new partnership with Seattle Theatre Group (STG) to launch a new reusable cup program at the historic Paramount Theatre. The program will offer patrons a sustainable, improved beverage experience, with expanded infrastructure and additional operational support.

“Reducing single-use waste at our venues is a core priority and an important part of the patron experience,” said Nate Dwyer, Chief Operating Officer of Seattle Theatre Group. “We’re excited to continue this initiative with Bold Reuse. The program has always resonated with our guests, and we’re excited to take it even further.”

How It Works:

Guests receive beverages in durable, reusable cups.
Cups are returned to clearly marked bins throughout the venue after use.
Bold Reuse collects, washes, and redistributes the cups locally for continued use.

This marks Bold Reuse’s first major partnership with a performing arts venue in Seattle, building on its proven track record with stadiums, universities, and large-scale events across the country.

“We’re excited to bring our reuse expertise to such an iconic venue,” said Jocelyn Quarrell, CEO at Bold Reuse. “Working alongside STG and Reuse Seattle, we’re making it easier than ever for arts venues to move away from single-use and toward a circular future.”

The program is supported by Reuse Seattle, a city-led initiative from Seattle Public Utilities that helps local venues, businesses, and events transition away from single-use waste.

“Reuse Seattle is about scaling practical, community-based solutions that reduce waste and help the environment,” said Andrew Lee, General Manager and CEO at Seattle Public Utilities. “We’re proud to support this partnership and build on the success of reuse throughout Seattle. We’re deeply committed to serving our communities.”

Together, STG, Bold Reuse, and Seattle Public Utilities are helping set a new standard for sustainability in the arts — one performance, and one reusable cup, at a time.

Media Contact

Keli Schneider
keli@boldreuse.com

May 13, 2025 9:30 AM

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LONDON, United Kingdom

Xpertnest’s Raw and Resolute Path to a $100M+ Global Tech Enterprise

At a time when tech startups often chase billion-dollar valuations through investor-backed sprints and media hype, one company has chosen a different path—quietly and steadily building its future without external capital. Xpertnest, a London-headquartered digital transformation firm, has crossed the $100 million valuation mark, emerging as a rare example of what can be achieved through vision, grit, and self-reliance.

Founded in 2016 by Arun Kar, a military veteran, Chintan Panara, a software technologist, and Pradip Butani, a finance expert, Xpertnest was born in humble surroundings. Far removed from the tech hubs of Silicon Valley or Shoreditch, the company was launched from the living rooms of its founders—with no seed funding, no clients, and no immediate safety net. What the trio had instead was a clear sense of purpose: to leverage technology as a force for good.

“Resilience was our investor. Discipline was our currency,” said Pradip Butani, reflecting on the early challenges that tested their commitment.

Their first break came after eight months of relentless effort: a $900 project that represented more than just revenue—it was the validation they needed. From there, Xpertnest grew organically, taking on one project at a time, gradually expanding its reputation across industries and geographies.

Self-Funded and Mission-Driven

While much of the startup world measures success in funding rounds and valuations, Xpertnest’s founders opted to keep full control, deliberately avoiding venture capital and external investors. Every milestone—from hiring their first employee to signing Fortune 500 clients—was achieved through reinvested revenues. This unconventional strategy has allowed Xpertnest to remain aligned with its founding mission: solving real-world problems with practical, secure, and scalable technology. Whether building IoT-powered utilities for smart cities or deploying private 5G networks for live events, the company has consistently prioritized impact over optics.

“We didn’t start with a grand business plan or elite connections. We started with a problem-solving mindset,” said co-founder Chintan Panara. “Start small. Stay consistent. Solve problems. Repeat.”

Scaling Impact, Not Hype

From its roots in local UK tech consultancy, Xpertnest has evolved into a global digital transformation specialist with a presence in the UK, India, Europe, and the Middle East. Its client base now spans municipalities, law enforcement agencies, agricultural enterprises, and telecom giants. The firm has developed advanced platforms that enhance urban safety, optimize agricultural output, and streamline data-driven decision-making. One of its notable achievements includes AgriTech solutions that have empowered thousands of Indian farmers with actionable insights on crop cycles, water usage, and climate patterns.

In the UK, Xpertnest has become a trusted partner for public sector bodies, working closely with local councils on smart city initiatives. Their secure applications, some of which have been featured in Apple’s enterprise success stories, are recognized for their reliability and regulatory compliance.

Independent Valuation Validates Long-Term Strategy

In April 2025, Xpertnest reached a major milestone: a certified valuation of over $100 million. The valuation was conducted by a SEBI-registered Category-I Merchant Banker in accordance with the Indian Valuation Standards and the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019. The Income Approach and Discounted Cash Flow (DCF) model were used to assess the company's financial strength and future potential. A second assessment from one of the UK’s top business valuation firms corroborated the results, marking a formal recognition of Xpertnest’s commercial viability and strategic resilience.

“Ordinary people do extraordinary things when put into extraordinary circumstances,” said Arun Kar, reflecting on the journey from startup to valuation.

Building Trust in a High-Risk Digital Age

In an era increasingly marked by data breaches and cyber threats, Xpertnest has prioritized security and compliance as foundational pillars. Their platforms are built to meet the highest cybersecurity and data protection standards, attracting clients from critical infrastructure sectors. This has led to collaborations with major telecom operators in the UK and Netherlands, as well as trusted partnerships with Big Four consulting firms. In August 2023, the company also achieved a corporate bond listing on a global stock exchange, strengthening its financial credibility and offering a future pathway for institutional investment.

A Culture Forged in Discipline

Xpertnest’s military-influenced culture—brought in by founder Kar—has permeated the company’s operations. Discipline, precision, and accountability are deeply ingrained across teams, from engineering to client services. Employees are encouraged to take initiative, embrace rapid iteration, and learn from failure.

“It’s about executing the basics with excellence,” said Kar. “Whether we’re solving a local logistics issue or engineering a nationwide IoT network, we bring the same intensity and attention to detail.”

The company also invests in learning and development, ensuring that its talent remains at the forefront of emerging technologies such as AI, edge computing, and predictive analytics.

Positioning for the Future

With a growing global footprint and a strong project pipeline across government, agriculture, telecom, and utilities, Xpertnest is well-positioned for its next growth phase. The founders remain firm in their belief that technology should serve humanity, not just shareholders. Future includes expanding their AgriTech and smart city solutions to new markets in Africa and Southeast Asia, further cementing their reputation as a technology company with purpose.

“We never wanted to be the loudest. We just wanted to be the most dependable,” said Butani. “And now, with the $100 million mark behind us, we’re more committed than ever to building technology that creates lasting value.”

A Story That Inspires

Xpertnest’s story serves as a counter-narrative to the startup stereotypes of overnight success and investor dependency. It proves that sustainable, values-driven growth is not only possible but powerful. In a landscape cluttered with noise, Xpertnest stands as a quiet disruptor—delivering real solutions, creating global impact, and doing it all on their own terms.

For aspiring entrepreneurs across the globe, the company offers an enduring lesson: You don’t need big money to build a big future. You need conviction, courage, and the willingness to do the hard things—day after day.

Media Contact

Benjamin Sadhu
benjaminsadhu.tnt@gmail.com

May 13, 2025 9:05 AM

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ORLANDO, FL

Disrupt Ventures Launches in U.S. to Revitalize Neglected Service Industries

Disrupt Ventures today announced its launch in the United States to revitalize long-neglected service industries, including tailoring, shoe repair, and furniture upholstery. The company, founded by entrepreneur Osama Wahba, is introducing its proven franchise brands — Mr. Tailor, Mr. Cobbler, and Mr. Sofa — to the American market. Through these franchises and a new consulting division focused on U.S. small and medium-sized enterprises (SMEs), Disrupt Ventures aims to modernize traditional trades, create jobs, and offer new opportunities for franchisees, investors, and community partners.

Wahba's model transforms informal, fragmented businesses into structured, scalable ventures. “Many small businesses here still operate as they did a century ago. Our mission is to refine, brand, and structure them into successful franchises by injecting modern operations, technology, and professional training — effectively bringing these trades into the mainstream economy,” said Wahba, founder and CEO of Disrupt Ventures.

Focused Revitalization of Overlooked Sectors

Each franchise targets an industry often dismissed as outdated. Mr. Tailor provides high-quality tailoring and alterations with standardized pricing and digital precision for measurements. Mr. Cobbler delivers modern shoe repair and cleaning services in a market devoid of national chains. Mr. Sofa specializes in furniture reupholstery and restoration, bringing craftsmanship and quality control to a niche typically owned by independent artisans. By introducing consistent customer service standards, technology-driven workflows, and centralized training, these franchises bring uniform quality and efficiency to trades with little innovation.

Value Proposition for Stakeholders

Disrupt Ventures' expansion offers distinct value to multiple stakeholders:

For franchisees: Presents a turnkey business model in high-demand sectors with comprehensive training and marketing support.
For investors: Provides an opportunity to back a venture with a proven track record, tangible growth metrics, and strong cash-flow potential from essential services.
For business media: Offers a compelling narrative of innovation rejuvenating local economies.
For community and economic development partners: Promises new jobs, skills training, and the revitalization of neighborhood service hubs.

Wahba brings a proven track record from Egypt to back his U.S. expansion. Over the past eight years, he grew his service brands to more than 50 branches, creating hundreds of skilled jobs and generating millions in annual revenue. His focus on training and quality control led to a 40% drop in customer complaints, a 70% increase in repeat business, and employee retention above 85% in sectors once known for high turnover. These results underscore how professionalizing a traditionally informal trade can dramatically improve performance and profitability.

This success has drawn international recognition. “Having worked in diplomatic and investment-focused roles, I recognize the importance of business leaders who can redefine industries nationally,” said Ambassador Yasser Elnaggar, Chair of the Middle East and Africa at Basilinna and former Deputy Chief of Mission at the Egyptian Embassy in Washington, D.C.. “Mr. Wahba is one such leader — his unique entrepreneurial vision, execution capabilities, and ability to build sustainable business ecosystems set him apart.”

Egyptian leaders have also praised Wahba’s impact. “When Mr. Wahba introduced Egypt’s first AI-driven tailoring and shoe repair services, it revolutionized a long-overlooked industry,” noted MP Hon. Hend Rashad, member of the Egyptian Parliament. “By integrating machine learning for body measurements, he significantly reduced material waste while ensuring near-perfect fit on the first attempt. This innovation didn’t just improve customer experience; it set a new sustainability standard in fashion.”

U.S. government expert Dr. John J. Stucker, former assistant to the Governor of South Carolina, commented: “By introducing scalable franchise models, this venture will not only create jobs but also empower business owners to succeed, strengthen local economies, and promote inclusive growth.”

Disrupt Ventures will launch franchise locations for its Mr. Tailor, Mr. Cobbler, and Mr. Sofa brands in select U.S. cities. At the same time, its SME consulting division collaborates with existing mom-and-pop operators to enhance their business practices and profitability. The company has already attracted investment commitments and significant interest from prospective franchisees, and it is actively forging strategic partnerships with local economic development organizations as it recruits initial franchise operators in anticipation of nationwide expansion.

About Disrupt Ventures

Disrupt Ventures is an Orlando, Florida-based company dedicated to revitalizing traditional service industries. Founded by Osama Wahba, a Cambridge-educated entrepreneur, the firm builds on Wahba’s success with Mr. Tailor, Mr. Cobbler, and Mr. Sofa — brands that transformed the tailoring, shoe repair, and furniture upholstery sectors in Egypt. Combining operational excellence, technology integration, and a commitment to community development, Disrupt Ventures aims to create sustainable economic value for small businesses and local economies across the United States. For more information, visit disruptventuresusa.com.

Media Contact

Rami Nadi
press@disruptventuresusa.com
+1 407-470-0711

May 13, 2025 9:00 AM

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DENVER, CO

Endolith Achieves Breakthrough in Critical Mineral Extraction

Endolith, a critical mineral platform company that leverages frontier microbial science to improve copper recoveries from low-grade ores, has achieved a significant breakthrough in copper extraction. The testing was conducted using samples provided by Think & Act Differently (TAD), the innovation arm of BHP, one of the world’s largest mining companies. Endolith’s work was facilitated in collaboration with Unearthed, an organization that connects startups with industry to accelerate innovation in mining as part of a broader effort to explore new approaches to mining and extracting critical minerals.

Endolith’s microbes were tested under simulated field conditions, demonstrating a significant uplift in copper recovery from low-grade sulfide ores. The results outperformed conventional approaches to low-grade heap leaching and revealed new value in mineralized waste previously considered uneconomic to process.

This breakthrough comes at a critical moment. Copper is essential to advanced manufacturing, data centers, energy and storage technologies, defense systems and modern infrastructure. Global consumption is expected to double by 2035, reaching 50 million metric tonnes annually. That’s enough copper for 600 million electric vehicles.

According to BloombergNEF’s annual Transition Metals Outlook, the industry will need $2.1 trillion in investment by 2050 to meet the demand for raw materials for electrification. At the same time, studies conducted by BHP show that the average copper mine grade has decreased by 40% since 1991, while prices are projected to rise by 20% by 2027.

As much as 70% of copper reserves are in low-grade or hard-to-process ores, resources often inaccessible with incumbent recovery methods, until now. Endolith’s platform enables miners to transform these challenging ores into revenue-generating assets. Powered by advanced bioengineering and AI-optimized processing, the system significantly improves yields while reducing environmental impact. Designed to integrate seamlessly with existing infrastructure, it also cuts costs and eliminates the need for toxic chemical leaching.

"This demonstrates what’s possible when the world’s oldest miners (microbes) go to work on one of today’s biggest challenges,” said Liz Dennett, Ph.D., CEO of Endolith. "Working with the support from the TAD program, we've proven a solution that unlocks vast copper resources in a scalable, low-impact manner, one that helps secure critical mineral supply chains for decades to come.”

“At Unearthed, we exist to connect bold ideas with big industry challenges,” said Holly Bridgwater, co-founder of Unearthed. “Endolith’s performance is a powerful example of what happens when startups are given the opportunity to test and scale new science in a real-world setting. This kind of collaboration is needed to unlock the next generation of mining innovation.”

The test work focused on primary sulfide ores with less than 1% chalcopyrite and pyrite, notoriously difficult to process materials. Column tests were conducted using site-matched ore and fluids at temperatures ranging from 30°C to 65°C. Endolith’s approach delivered faster and more complete copper recovery in every scenario.

About Endolith

Endolith is a biological intelligence company transforming critical mineral recovery through engineered microbes and adaptive optimization. Its proprietary platform combines bioleaching with real-time data feedback to help mining companies extract more value from low-grade or complex ores cleanly, efficiently, and at scale. Dr. Liz Dennett founded Endolith with major producers to expand recovery across copper, lithium, and rare earths. Learn more at www.endolithmining.com.

Media Contact

Daysa Corrington
daysa@mahoneycommunications.com

May 13, 2025 6:00 AM

EDT

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TORONTO, Canada

Cannabis Tech Pioneer GrowerIQ Selected for Team Canada Trade Mission to Thailand

GrowerIQ, a global leader in cannabis compliance and cultivation technology, is proud to announce its selection to represent Team Canada on the upcoming trade mission to Thailand. Organized by Global Affairs Canada, this high-level delegation showcases innovative Canadian companies poised for international growth. GrowerIQ is the only cannabis-related business selected to participate.

This mission reflects Thailand's growing importance in the global medical cannabis market. Since legalizing medical cannabis in 2022, Thailand has emerged as Southeast Asia’s pioneer in regulated cannabis development with a projected market size CAGR of 33% over the next five years.

GrowerIQ's inclusion on this mission underscores its position as the trusted cannabis compliance partner for producers and government regulators around the world.

One such partner is Kush Holding, a GACP-certified cultivation site established by the publicly listed Thonburi Healthcare Group (THG) in Thailand. Tim, CEO of Kush, shared, “GrowerIQ allows us to collect and maintain batch data effortlessly, customize reports and SOPs for operational growth, and manage our daily operations with full transparency. Their platform is integral to how we run our medical cannabis business.”

GrowerIQ is excited to join fellow Canadian innovators on the ground in Bangkok to deepen relationships with healthcare providers, policymakers, and cultivators working to build a safe, regulated cannabis industry in Thailand and across Southeast Asia.

About GrowerIQ

AI-powered GrowerIQ is the operational backbone ERP that unites the fragmented systems required by cannabis production facilities around the world. The company now powers country-level traceability and facilities in more than 24 countries and seven languages. For more information, visit www.GrowerIQ.ca.

Media Contact

Andrew Wilson
info@groweriq.com
+1 855-892-7500

May 13, 2025 12:05 AM

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ATLANTA, GA

Tacilent.ai Named to Technology Association of Georgia's Top 40 Innovative Companies for Revolutionary AI Risk Management Platform

Tacilent.ai has been recognized as one of Technology Association of Georgia (TAG)'s Top 40 Innovative Companies in Georgia for 2025. This prestigious award highlights Tacilent's groundbreaking approach to risk management and intelligence through its AI-powered platform.

Tacilent's AI risk platform provides organizations with actionable risk intelligence to predict risks and eliminates the need for traditional risk assessments by delivering continuous certainty. The platform monitors internal risks across people, processes, and technology, as well as external risks including geopolitical, cyber, regulatory, and beyond-empowering organizations to navigate complex challenges before a crisis occurs.

"We're deeply honored to be recognized among Georgia's most innovative technology companies," said Ron HR Johnson, founder and CEO of Tacilent. "Organizations today face unprecedented complexity in their operating environments. What sets our platform apart is how we've trained our proprietary AI models on real-world scenarios from experienced risk professionals. Our platform predicts the future through actionable risk intelligence. We're not just helping businesses identify risks-we're empowering them to anticipate market shifts and capitalize on emerging opportunities. This recognition from TAG affirms our commitment to developing solutions that give our clients a decisive advantage in an increasingly unpredictable business landscape."

Tacilent's innovative approach includes its "Nerd Herd," a network of industry experts who provide validation and specialized knowledge to ensure the platform delivers accurate, context-specific recommendations. The company's human-in-the-loop methodology combines cutting-edge AI with expert human oversight to create a solution that continuously learns and evolves alongside client organizations.

The TAG Top 40 honorees were recognized during the Georgia Technology Summit on April 16, 2025, at the Woodruff Arts Center. Tacilent showcased its AI platform's capabilities in helping organizations develop comprehensive, one-time risk assessments, create actionable strategic roadmaps, and continuously monitor business-critical variables.

The Top 40 recognition further establishes Tacilent as a rising leader in Georgia's growing technology ecosystem, known for developing solutions that address complex business challenges through innovative uses of artificial intelligence and human expertise.

For more information about Tacilent and the RESSETT platform, visit www.tacilent.ai.

About Tacilent

Tacilent.ai is a leader in risk intelligence and management solutions. The company's flagship AI platform combines advanced AI with human expertise to help organizations identify risks, develop comprehensive strategies, and continuously monitor critical business variables. Through its innovative approach to risk intelligence, Tacilent empowers organizations to make data-driven decisions that drive sustainable growth and resilience. To learn more, visit www.tacilent.ai.

About Technology Association of Georgia (TAG)

Technology Association of Georgia (TAG) drives innovation among Georgia's technology community, inspires tech leaders, and fosters inclusivity through four foundational pillars: connect, promote, influence, and educate. TAG serves more than 30,000 members statewide through regional chapters in Metro Atlanta, Augusta, Columbus, Macon/Middle Georgia, and Savannah. For more information, visit tagonline.org.

Media Contact

Ron Johnson
info@tacilent.ai

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