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January 28, 2025 9:20 AM
EDT
MIRANDOLA, Italy

CBM Lifemotion® Achieves MDR CE Mark for New Lifemotion® ECMO System

CBM Lifemotion® announces a major step forward in critical care medicine with the Medical Device Regulation (MDR) CE mark certification of its Lifemotion® ECMO System*. This certification marks a significant milestone for Extracorporeal Membrane Oxygenation (ECMO) and Extracorporeal Life Support (ECLS) technology.

The comprehensive certification covers the entire Lifemotion® ECMO System, which includes: 

  • An advanced stand-alone centrifugal pump
  • A high-performance ECLS membrane oxygenator
  • An integrated tubing set
  • A dedicated trolley/cart for effective setup and easy transportation

Notably, the entire Lifemotion® ECMO System has been approved for extended 14-day use, including its individual components, setting a new benchmark in sustained critical care support.
 
Innovation Meets Clinical Excellence

The Lifemotion® ECMO System introduces several groundbreaking features:

  • An intuitive full-size touchscreen interface that enhances clinical control and monitoring
  • Advanced mobility features enabling seamless patient transport across care settings
  • Versatile design supporting rapid deployment in emergency situations

With over a hundred systems installed in China and thousands of clinical cases to date, the Lifemotion® ECMO System has a proven history of performance. The MDR CE approval now paves the way for international expansion, bringing this trusted solution to healthcare providers worldwide.

Michael van Driel, PE, Vice President of Global Business Development and General Manager of CBM Lifemotion® shares:

"This MDR CE mark certification marks a significant milestone for critical care medicine in Europe and beyond. The Lifemotion® ECMO System is a testament to our technological innovation and commitment to supply chain excellence. In an industry facing production challenges and prolonged backorders, our integrated manufacturing capabilities ensure consistent, reliable delivery of life-critical systems. Healthcare providers need partners they can rely on for both advanced technology and supply continuity—this is exactly what CBM Lifemotion® delivers. With this certification and our robust production infrastructure, we solidify our position as a dependable partner in the global healthcare community."

* For detailed information on use instructions, indications, contraindications, warnings, and precautions, please refer to the User’s manual and IFUs (Instructions for Use).

About CBM Lifemotion

CBM Lifemotion® specializes in advanced Extracorporeal Life Support (ECLS) and critical care solutions. Headquartered in Shenzhen, China, with an international office in Mirandola, Italy—the world’s leading medical technology hub—the company combines medical expertise with advanced production capabilities. Its vertically integrated approach ensures full control over manufacturing, from component production to final assembly. Committed to innovation and operational excellence, CBM Lifemotion® delivers life-saving solutions worldwide with uncompromising quality and reliability. For more information, visit https://www.cbmlifemotion.com.

Media Contact

Alice Luppi
Alice.Luppi@CBMsz.com

January 27, 2025 12:00 PM
EDT
SACRAMENTO, CA

Senator Anna Caballero Introduces Senate Bill 72, Would Secure Long-term Water Supply for California

CA Water for All is excited to share that last week Senator Anna Caballero (D - Merced) introduced Senate Bill 72, which will establish statewide water supply targets while requiring the State, water community, and stakeholders come together to achieve comprehensive, long-term water supply solutions that will transform water management in California, ensuring adequate and reliable supplies across the State.

“CMUA is proud to co-sponsor this vital legislation with the California State Association of Counties and the California Council for Environmental and Economic Balance. Our state is long overdue for a new strategy on how to best manage our water supply and plan for the future,” said Danielle Blacet-Hyden, Executive Director. “With SB 72, California can finally begin to reverse the trend of overreliance on water cutbacks and rationing by working with the water community to rectify the decades-long, water supply threats that are impacting 40 million Californians and our communities statewide."

SB 72 would secure California’s future water supply by doing the following:

  • Establish necessary water supply targets to capture and produce enough water for all uses.
  • Modernize the California Water Plan for a 21st-century climate.
  • Ensure accountability for state agencies on water management issues.
  • Complement and amplify Governor Newsom’s Water Supply Strategy, ensuring water supply targets extend beyond any single Administration.

"By establishing a statewide water supply target and transforming the California Water Plan into a strategic action plan to implement the target, we can finally address critical water supply challenges that are a product of climate change, weather whiplash, and an antiquated system,” said Senator Anna Caballero, author of SB 72. “We cannot afford to wait any longer to plan and implement solutions to address California’s water supply needs. I’m proud to author this proposal and look forward to working with the Legislature and Governor Newsom on this critical bill.”

“Communities, residents, businesses, the economy, and jobs are threatened across the state as our water supply challenges continue to get worse,” said Craig Miller, General Manager, Western Water. “By establishing water supply targets, SB 72 will give us a new path forward that will not only bolster the Governor’s current Water Supply Plan, but will also create necessary accountability and a commitment from the State, the water community, and all stakeholders to establish necessary change.”

As a result of evolving and worsening climate conditions, an aging water infrastructure, a growing population, a global economy, and antiquated state policies, California will continue to face an ongoing water supply shortage of historic proportions. California’s current water systems require extraordinary commitment and investment in new water supplies. We all have a responsibility to ensure the future of our water supplies. Policy solutions must be advanced to meet environmental, agricultural and urban uses.

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 get a signature from Governor Newsom.

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

January 26, 2025 11:14 PM
EDT
LONDON, United Kingdom

Hash Epoch Web3 Platform Launches in London, Paving the Way for a New Era of Decentralized Entertainment

Hash Epoch, the world’s first blockchain-based Web3 entertainment platform, officially launched today in the United Kingdom, signaling the beginning of a new era in digital entertainment. Built on the principles of decentralization, transparency, and fair competition, Hash Epoch aims to revolutionize the entertainment industry by combining cutting-edge blockchain technology with innovative incentives and user-centric features.

A Groundbreaking Platform for Decentralized Entertainment

Hash Epoch’s core innovation lies in its integration of blockchain technology to create a secure, fair, and transparent ecosystem for users. By utilizing smart contracts and the platform’s proprietary C+UIB model, Hash Epoch addresses long-standing issues in digital entertainment, including fairness, security, and data transparency. The platform offers unique multidimensional incentives for both creators and participants, ensuring that all users have a fair opportunity to engage and benefit from the ecosystem.

Building a Global Ecosystem for Web3 Entertainment

The platform is initially built on the Binance Smart Chain, with plans to expand support to Solana and Ethereum networks in the near future. This cross-chain functionality will enable a broader user base and enhance the platform's scalability. Hash Epoch’s unique token economic model, powered by automated smart contracts and Hash technology for random result generation, ensures a high level of security and fairness, setting it apart from traditional entertainment models.

A Vision for the Future: A Fair, Transparent, and Global Entertainment Platform

Hash Epoch’s mission is to transform the entertainment landscape by offering a decentralized platform that guarantees fairness and transparency. By applying Web3 principles to its operations, the platform aims to rebuild trust in digital entertainment, creating new opportunities for a diverse range of global users.

“We envision Hash Epoch as the premier destination for Web3 entertainment,” added Hash Epoch. “With our focus on decentralized systems, we’re empowering users around the world to experience entertainment in a fair, transparent, and secure way, while unlocking new value through blockchain technology.”

Celebrating the Launch in London
 
To commemorate its official launch, Hash Epoch held a star-studded inauguration ceremony in London, bringing together leading blockchain experts, investors, and thought leaders from around the world. The event featured live demonstrations of Hash Epoch’s platform, allowing attendees to experience firsthand the technology and innovations driving the Web3 entertainment revolution.

The platform’s future development plans were also shared, including upcoming features designed to improve user experience, enhance cross-chain capabilities, and expand Hash Epoch’s global reach.

Paving the Way for the Next Generation of Digital Entertainment
 
As a trailblazer in the Web3 space, Hash Epoch is setting the stage for the future of decentralized entertainment. The platform is focused on continuous innovation, striving to push the boundaries of what Web3 technology can achieve while providing users with new ways to engage with digital content. With its commitment to transparency, security, and fairness, Hash Epoch is poised to lead the charge into the next generation of digital entertainment.

About Hash Epoch

Hash Epoch is a pioneering Web3 entertainment platform leveraging blockchain technology to create a decentralized, transparent, and fair environment for users. By integrating innovative incentive models and supporting both creators and participants, Hash Epoch aims to reshape the future of digital entertainment. For more information, visit https://hashepoch.io.

Media Contact

Irene Lee
info@hashepoch.io

January 26, 2025 11:00 PM
EDT
DUBAI, United Arab Emirates

Humberts Dubai Franchise Partners with Goldman Group to Launch Premier Valuation and Advisory Vertical

Humberts Dubai, the first international franchise of the renowned British real estate advisory firm Humberts, has announced the launch of its Valuation and Advisory vertical in partnership with Goldman Group LLC, a leading UAE-based company. This collaboration combines the global heritage of Humberts with Goldman Group’s regional expertise to deliver world-class valuation services and financial studies tailored for corporate clients in the UAE.

Humberts has been a trusted name in property advisory since its establishment in 1842, adapting to evolving market dynamics and serving clients across residential, commercial, and rural real estate sectors. The Humberts Dubai franchise continues this legacy, building on the brand’s reputation for precision and professionalism to address the unique needs of the UAE market.

Dubai remains at the forefront of global real estate markets, with its innovative infrastructure, investor-friendly policies, and a robust mortgage landscape. In 2024, the emirate witnessed over 35,000 mortgage transactions totaling AED 240 billion, reflecting strong confidence in its real estate sector. The introduction of corporate tax has further streamlined the regulatory framework, encouraging transparency and aligning the UAE with international economic standards. As a global hub for investment, Dubai’s real estate market is poised for sustained growth, making it a prime destination for world-class valuation services that meet the needs of institutional investors, developers, and financial institutions.

Humberts Valuation is set to provide exceptional property valuation services, reserve fund studies, and financial analyses for corporate clients, including banks, developers, and property management firms. This vertical reflects Humberts Dubai’s commitment to fostering innovation, transparency, and excellence in Dubai’s rapidly evolving real estate market.

Waqar Hasan, CPM, Managing Partner of Humberts Dubai, remarked: "By establishing the Valuation and Advisory vertical in partnership with Goldman Group, we are enhancing the scope of Humberts Dubai’s services and aligning with the growing demand for high-quality valuation expertise in the UAE. Combining Humberts’ legacy with Goldman Group’s deep understanding of the local market, we are confident in delivering tailored, world-class solutions to support informed decision-making for our clients."

Saeed Ali BinRedha, Group CEO for Goldman Group, added: "This partnership is a pivotal step forward in raising valuation standards in the UAE. By integrating Humberts’ global expertise with our local knowledge, we aim to set new benchmarks for professionalism and trust in Dubai’s real estate sector. Together, we are enabling corporate clients to make confident, data-driven decisions, contributing to the growth and sustainability of the industry."

This strategic collaboration showcases the potential of global-local partnerships in enhancing the UAE’s real estate advisory landscape.

About Humberts Dubai

Established in 1842, Humberts is a trusted name in real estate, serving generations of clients in the UK with unmatched expertise and integrity. In 2024, Humberts expanded internationally, opening its first office in Dubai, UAE. Humberts Dubai offers Residential and Commercial Brokerage, Property Management, Valuations, Service Charge Models, and Reserve Fund Studies. Combining a global heritage with local market knowledge, Humberts Dubai delivers tailored, professional solutions to meet the diverse needs of its clients. For more information, visit https://www.humberts.com/estate-agents-dubai or on Facebook, Instagram, and LinkedIn.

Humberts Real Estate LLC and Humberts Valuation LLC operate under license as Humberts.

Media Contact

Waqar Hasan
waqar.hasan@humberts.com

January 24, 2025 12:03 PM
EDT
AMSTERDAM, Netherlands

CINMAYA Nominated for LUXlife Health, Beauty & Wellness Awards 2025

CINMAYA, a company that provides personal development and wellbeing programs and retreats, today announced that CINMAYA has been shortlisted for the prestigious LUXlife Health, Beauty & Wellness Awards 2025. This nomination not only reflects CINMAYA’s unwavering dedication to enhancing personal development and wellbeing but also shines a light on the transformative power of holistic energetic practices in general.

For nearly a decade, the Health, Beauty & Wellness Awards have celebrated leading organizations that are at the forefront of innovation, showcasing their significant impact on the lives of individuals around the globe. CINMAYA is honored to be among a group of businesses that exemplify excellence in the health and wellness sector.

In recent years, a dynamic shift has taken place in personal development, with more individuals embracing spiritual practices such as mindfulness, meditation, and yoga. As we navigate a world filled with stress and anxiety, many are seeking solace and growth through daily rituals that foster mental, emotional, and physical well-being. Recent studies indicate a dramatic rise in mindfulness and meditation practices as millions incorporate these rituals into their everyday routines.

Being shortlisted for the LUXlife Health, Beauty & Wellness Awards 2025 is a significant achievement for CINMAYA. The nomination underscores the company's commitment to excellence in promoting personal development and wellbeing, as well as its continuous efforts to innovate and provide unique services to its customers.

“This nomination reflects the unwavering dedication to creating truly impactful programs that deeply support individuals in their pursuit of holistic wellbeing," said Mikhaël Akasha, the founder of CINMAYA. “It is an immense privilege to guide individuals, groups, and teams along their unique journey toward meaningful growth, enabling them to experience profound transformations that resonate throughout their lives. True growth occurs when we courageously heal our conditioning and traumas, allowing our authentic selves to emerge and shine. It is about making connections and supporting individuals in their quest for a truly fulfilling life.” CINMAYA’s nomination reinforces its commitment to fostering personal development and assisting people in integrating spiritual practices seamlessly into their daily lives.

By embracing holistic energetic approaches, CINMAYA envisions a cultural landscape that champions personal growth, social change, creative expression, and innovation. This journey extends beyond individual transformation; it is about collaboratively creating new, inclusive worldviews that lay the foundation for genuine societal and cultural change.

As CINMAYA celebrates its nomination for the LUXlife Health, Beauty & Wellness Awards 2025, it remains steadfast in its mission to promote holistic health and wellbeing for all. For more information about CINMAYA and its offerings, please visit https://cinmaya.com.

About CINMAYA

CINMAYA focuses on making positive changes for a sustainable future. We imagine a cultural landscape that supports personal development, social change, creative expression, and innovation. This journey is not only about being and acting differently in the world; it is also about collaboratively creating new and inclusive worldviews that serve as essential prerequisites for achieving true societal and cultural transformation. To learn more, visit https://cinmaya.com.

Media Contact

Media Relations
love@cinmaya.com

January 23, 2025 3:00 PM
EDT
NEW YORK, NY

Qnary Unveils Groundbreaking Online Reputation Management Solution

Today, Qnary, the market leader in modern executive reputation management solutions, proudly announces the launch of Qnary ORM (Online Reputation Management). This cutting-edge solution is designed to assist executives in navigating and mitigating reputational challenges online, offering a comprehensive approach to managing and enhancing digital presence.

In an era where the internet is the first stop for individuals and businesses seeking information, a positive online reputation has become paramount. Qnary ORM empowers executives to address acute reputational issues, ensuring increased trust, credibility, and opportunities. The streamlined process and technology developed by Qnary over the past three years make it easier and more affordable to tackle digital reputation problems.

"Qnary now delivers both the offense AND the defense of online presence," stated Bant Breen, Qnary's founder and CEO. "We've built a solution that is both cost-efficient and results-effective, and we are excited to scale our online reputation management offering."

Traditional ORM services often come with a hefty price tag and slow results. Qnary ORM differentiates itself by providing a tailored solution that encompasses a variety of techniques to enhance online image, suppress negative content, and highlight positive information. Qnary's customer engagement model ensures a consistent process for each client from understanding the reputational challenge to making key changes that will alleviate the issue, and tracking the monthly progress.

"We used to turn away hundreds of customers each year looking for classic ORM services because the makeshift solutions available in the marketplace didn't meet our Qnary criteria for being tech-enabled, good value, and highly effective," explained Breen. "Now we have an ORM product that is working well for our customers around the globe."

About Qnary

Qnary is an industry-leading provider of modern executive reputation management solutions. Founded in 2012, we empower professionals, executives, and organizations to take control of their digital presence, optimize their professional brand, and showcase thought leadership. Our innovative platform and tailored strategies enable customers to effectively manage their online reputation, increase visibility, and drive engagement across various digital channels. Listed as one of the 5,000 fastest-growing companies by Inc. and one of the 360 best companies by Entrepreneur, Qnary has regional offices in New York City, London, Seville, Sydney, and Miami. For more information, visit https://qnary.com.

Media Contact

Haley Fullerton
haley.fullerton@qnary.com

January 23, 2025 12:15 PM
EDT
LOS ANGELES, CA

Global Kratom Coalition Supports Legislative Bill 230 to Protect Kratom Consumers in Nebraska

The Global Kratom Coalition (GKC) announced today its strong support for Legislative Bill 230 (LB 230), introduced by Nebraska State Senator Bob Hallstrom (District 1). The bill, titled “LB 230 - Adopt the Kratom Consumer Protection Act,” takes steps to ensure consumers of kratom are protected through responsible regulation.

Kratom, which has been used for centuries in Southeast Asia, is now consumed by millions of Americans, with an estimated 24 million individuals in the U.S. relying on it in a responsible and safe way. LB 230 seeks to create a legal framework that regulates the kratom industry, ensuring that consumers have access to safe and properly labeled products while discouraging dangerous synthetic or adulterated alternatives.

“We commend Senator Hallstrom for introducing LB 230, which is a much-needed measure to protect kratom consumers in Nebraska,” said Matthew Lowe, Executive Director of the Global Kratom Coalition. “This bill takes a thoughtful and balanced approach to regulation, focusing on consumer safety while maintaining access to a product that many people rely on for their health and well-being."

Key Provisions of LB 230

LB 230’s provisions create a regulatory environment that promotes both consumer safety and responsible business practices, ensuring that kratom products are marketed and sold with clear and accurate information.

LB 230’s important consumer protections include specifying that kratom products are prohibited for sale to individuals under the age of 21, requiring age verification for online retailers, and prohibiting the manufacturing of products that may appeal to children. Under LB 230, labels also must include warnings against use for pregnant women or breastfeeding mothers, calls for consumers to consult with healthcare practitioners before using kratom, and warnings on the label that kratom can be habit forming. The bill also mandates that products should have clear instructions for how to safely consume the product. 

The Importance of Regulation Over Prohibition

Kratom is widely used by millions of Americans for mood enhancement, energy, and wellness. As more states move to regulate, rather than ban kratom, the focus should be on creating systems that ensure safety and efficacy without limiting consumer access.

The Global Kratom Coalition firmly believes regulation versus a ban is the most effective way to protect consumers and maintain a safe market for kratom. 

“We understand that lawmakers are concerned about the potential risks of kratom, and we fully support measures that protect consumers,” said Lowe. “However, a blanket ban, as seen in some other states, would only drive the market underground, leading to unregulated, unsafe products. Regulation, on the other hand, ensures that consumers have access to high-quality, properly labeled kratom while prohibiting dangerous synthetic or altered products that can pose real risks.”

Regulations Would Deter Untested, Unproven “7” Products 

LB 230 addresses the Global Kratom Coalition’s foremost concern about synthetic products that contain high levels of 7-hydroxymitragynine, also known as “7,” and other unknown new chemical entities. LB 230 ensures a kratom product “does not contain any synthesized kratom alkaloids, other synthesized kratom constituents, or synthesized metabolites of any kratom constituent; and does not contain a level of 7-hydroxymitragynine in the alkaloid fraction that is greater than two percent of the alkaloid composition of the kratom product.”

Products that exceed this threshold should not be considered kratom nor labeled as a kratom product. Many of these products contain over 100 times more 7-hydroxymitragynine than found in unmanipulated kratom products and lack the full spectrum of kratom’s other alkaloids. Also, the synthetic process introduces at least eight unidentified chemical compounds that may be harmful to consumers. Despite this, organizations like the Holistic Alternate Recovery Trust (HART) are promoting "7" as a remedy for opioid addiction and chronic pain. To be absolutely clear: "7" is neither kratom nor a dietary supplement—it is an unapproved new drug.

Support from the Scientific Community

The Global Kratom Coalition’s stance on “7” products is also supported by leading scientists in the kratom research field. In a 2024 statement, experts noted that scientific research supports the safe use of natural kratom products when properly regulated but also acknowledged that synthetic kratom products, which contain higher levels of 7-hydroxymitragynine and unknown chemical compounds, are dangerous and need to be more strictly controlled.

By adopting the Kratom Consumer Protection Act, Nebraska would be taking a responsible and science-based approach to regulating the kratom market, ensuring that consumers have access to safe and effective products while also addressing the risks associated with synthetic or manipulated alternatives.

A Call for Action

The Global Kratom Coalition urges Nebraska lawmakers to move forward with LB 230 to protect consumers and create a safe environment for kratom users. By adopting this legislation, Nebraska will join the growing number of states that are choosing regulation over prohibition, ensuring that kratom remains available for those who use it responsibly.

“We applaud Senator Hallstrom’s leadership in introducing this bill, and we call on the Nebraska legislature to support it,” said Lowe. “Regulation, not prohibition, is the key to ensuring a safe and accessible kratom market. LB 230 is a step in the right direction for Nebraska and for the millions of Americans who benefit from kratom.”

About the Global Kratom Coalition

The Global Kratom Coalition is an alliance of kratom consumers, experts, and industry leaders dedicated to protecting access to kratom while advancing scientific research, driving consumer education, and developing robust regulations to protect consumers. For more information about the Global Kratom Coalition, visit www.globalkratomcoalition.org.

Media Contact

Patrick George
info@globalkratomcoalition.org

January 23, 2025 11:58 AM
EDT
COLUMBIA, SC

State Senator Introduces Bill to Create Free Market for Public Deposits and Keep More Taxpayer Money in South Carolina

State Senator Sean Bennett introduced the South Carolina Financial Freedom Act in the South Carolina Senate, marking a significant step toward providing the Palmetto State’s public entities greater financial freedom in managing taxpayer funds. The legislation, S.60, and its companion bill in the South Carolina House of Representatives, H.3221, empower local governments to deposit taxpayer dollars into credit unions, creating a free market that encourages competition and keeps more taxpayer money in South Carolina communities instead of out-of-state banks.

Under current state law, local governments can only deposit taxpayer funds into traditional banks. As of 2023, this outdated restriction has funneled more than 78% of all deposits in South Carolina into out-of-state banks. As banks continue to leave South Carolina and close branches in local communities across the state, taxpayers are at risk of more of their dollars leaving South Carolina for New York City and Chicago.

The effort to give local governments the financial freedom and flexibility to bank where they can deliver the highest rate of returns on taxpayer dollars is spearheaded by the Palmetto Public Deposits Coalition (PPDC). PPDC coalition supporters include the Municipal Association of South Carolina (MASC) and the Carolinas Credit Union League (CCUL).

“I am in favor of any state law that supports the free market by removing burdensome regulations on our cities and towns,” said Greg Habib, MASC Board President and Mayor of Goose Creek. “This legislation is a game-changer for our local governments, providing convenience to our communities without a traditional bank nearby.”

The South Carolina Association of Counties (SCAC) adopted an official policy position for 2025 in support of legislation allowing local governments to use credit unions for public deposits.

“Overall, local governments can benefit from flexibility in where they deposit their funds, and SCAC supports this legislation as a matter of policy because it is in the best interests of the counties we serve,” said SCAC President William E. Robinson, Chairman of Allendale County Council. “For public entities in communities that do not have a traditional bank, the ability to deposit funds in the local credit union is of significant value. This will provide another tool for our counties to operate effectively and serve as efficient stewards of taxpayer dollars.”

Recent surveys show that more than 65% of South Carolinians support allowing local governments to deposit funds into credit unions, particularly because these institutions provide the same deposit insurance protections as banks and the added benefit of higher interest rates on deposits.

“The South Carolina Association of Counties adopting an official policy position in support of this legislation strengthens our effort immensely,” said Rick Osbon, Chairman of PPDC and former Mayor of Aiken. “Local governments across the state are tired of big, New York banks having a monopoly on public deposits, and support creating a competitive free market that benefits taxpayers and local governments.”

S.60 has been referred to the Senate Finance Committee, and its companion bill in the South Carolina House of Representatives, H.3221, has been referred to the House Labor, Commerce and Industry Committee.

About Palmetto Public Deposits Coalition

The Palmetto Public Deposits Coalition is an alliance of community leaders, credit unions, and local government associations advocating a more competitive environment for returns on taxpayer dollars to empower South Carolina communities. The coalition is committed to ensuring that public funds are managed responsibly, with the best interests of South Carolina’s communities in mind. For more information about the Palmetto Public Deposits Coalition, please visit palmettopublicdeposits.com.

Media Contact

Communications Director
info@palmettopublicdeposits.com

January 23, 2025 11:28 AM
EDT
PORTSMOUTH, NH

Simplified Clinical Brings the Power of Microsoft Azure/Cloud for Healthcare to Clinical Researchers Worldwide

Simplified Clinical Data Systems announces significant new collaboration with Microsoft on its Clinical Discovery Platform. As a result, Simplified’s clients will have access to:

  • Near-infinite, global scalability
  • Industry-leading security
  • Worldwide regulatory compliance
  • Magic Quadrant™ technologies for database, analytics, IoMT, and responsible AI
  • Lowest cost of any top-tier clinical research service provider

John Schwope, President and CEO for Simplified Clinical states, “As a contributing member of Microsoft’s AI Cloud Partner program, we share Microsoft’s vision for the future of clinical research data management and are thrilled to deliver these industry-leading technologies to our clients.”

Combining Simplified Clinical’s 20-year history of supporting the efforts of clinical research teams around the globe with the latest tech from Microsoft solidifies them as a rising star in this space. In addition to leveraging the global reach, regulatory compliance, and security of Microsoft’s Azure/Cloud for Healthcare, Simplified Clinical has already integrated multiple Microsoft Magic Quadrant™ technologies into its Clinical Discovery Platform.

Mr. Schwope continued, “As AI plays a larger role in the clinical research process, partnering with the leader in responsible AI will assure that Simplified’s clients have access to these powerful new tools.”

Simplified Clinical has already demonstrated their commitment to this roadmap by incorporating Microsoft’s Text Analytics for Health into its platform to ingest unstructured data.

Microsoft is also playing a large role in delivering Simplified Clinical’s Zero Data Entry™ initiative aimed at reducing the administrative burden on health workers involved in clinical research data collection. Along with Text Analytics for Health, they supply Simplified Clinical with secure connections to EHR data via FHIR, speech recognition with Dragon Medical One, and IoMT connectors.

About Simplified Clinical Data Systems

Simplified Clinical is a pioneer in clinical trial software serving a broad market ranging from venture-funded startups to global Fortune 100 medical products companies, CROs, universities, and research consortiums. Supported by a strategic partnership with Microsoft and its Azure/Cloud for Healthcare, we accelerate clinical research data collection and analysis, while offering sponsors unparalleled value. For more information, visit https://www.simplifiedclinical.com.

Media Contact

John Schwope
jschwope@simplifiedclinical.com

January 23, 2025 11:26 AM
EDT
NEW YORK, NY

UnlistedHomes.com Introduces Unlisted for Agents in ZIPs Nationwide

UnlistedHomes.com, a platform designed to reveal off-market property opportunities, has launched Unlisted for Agents. The platform provides real estate professionals with a streamlined approach to navigating the off-market space, helping buyers struggling to find what they need through traditional listing platforms. By offering access to a comprehensive property database and actionable insights, the platform supports agents in connecting buyers and sellers for private, off-market home sales. 

Unlisted is currently granting exclusive access to Unlisted for Agents on a ZIP code-by-ZIP code basis to high-performing real estate agents. The partnerships are designed to allow vetted agents to be an important local resource for buyers and homeowners who are considering private, off-market home transactions.

While agents provide the critical local market knowledge and insights, Unlisted's technology supports agents, buyers, and homeowners with:

Comprehensive Property Profiles

The Unlisted platform includes detailed profiles for every home in the country, not just those listed for sale. “Currently, less than 5% of homes are listed for sale in any given year. Unlisted shows you the other 95%,” said Katie Hill, founder and CEO of Unlisted. The profiles are designed to be a valuable resource for homeowners, buyers, and agents.

Enhanced Tax Records

Unlisted for Agents integrates tax record data into the platform, presenting it in a more user-friendly and navigable format. This feature allows agents to quickly assess property histories and identify potential matches for their buyer clients. "Unlisted transforms the raw data in the tax records and creates a profile for every property; this is something completely new.” says Melanie Hayes, agent with The Heider Company at TTR Sotheby’s International Realty.

Curated Off-Market Home Lists

The platform curates lists of off-market homes based on the specific needs of buyer clients. These lists highlight properties where homeowners may be open to selling privately, providing a targeted way to explore opportunities that align with buyer preferences.

Zip Code-Based Market Presence

Agents can secure exclusive access to entire ZIP codes, linking their name to every property profile in the selected area. This ensures that homeowners and buyers looking for information can connect directly with a trusted local expert. This feature is designed to establish a strong presence within a local market and foster stronger connections with potential clients.

Unlisted for Agents focuses on simplifying the off-market process by combining data-driven insights with tools designed for efficiency. The platform will aim to support agents in identifying new opportunities and serving their clients with greater precision.

For more information or to explore the platform, visit UnlistedHomes.com/Agents.

About Unlisted

Unlisted is an AI-powered real estate technology platform designed to reveal off-market property opportunities. By leveraging machine learning, the company creates more dynamic, efficient market opportunities for buyers, sellers, and real estate professionals. For more information, visit https://unlistedhomes.com.

Media Contact

Sophia Jacomet
sophia@unlistedinc.com

January 23, 2025 9:35 AM
EDT
OAKLAND, CA

California Cannabis Industry on the Brink: Industry Group Cannabis Aligned Launches Bold Initiative to Repeal and Replace Proposition 64

California’s legal cannabis industry is on the verge of collapse, with thousands of businesses struggling under Proposition 64’s flawed framework. In response to this growing crisis, Cannabis Aligned has launched a historic statewide ballot initiative to repeal and replace the law that once promised prosperity but delivered suffocation.

“Proposition 64 was meant to legalize and legitimize cannabis, but instead, it’s created an environment where 80% of businesses are barely surviving, and the illicit market still accounts for 75% of all cannabis sales,” said Salwa Ibrahim, Executive Director of Cannabis Aligned. “If we don’t act now, California’s cannabis industry, as we know it, will collapse. This initiative is our chance to save it.” 

A Collaborative, Industry-Led Effort

For the first time since legalization, a coalition of industry pioneers, small farmers, retailers, manufacturers, unions, and patients are uniting to rewrite the rules for California’s cannabis market. Through workgroups, forums, surveys, and one-on-one consultations, Cannabis Alignedis inviting every stakeholder to participate in crafting a ballot measure that reflects the needs of the entire industry.

“This is not just about policy—it’s about sustainability and survival,” said Nina Parks, Industry Coordinator for Cannabis Aligned. “We’re creating a system that works for businesses, communities, and consumers alike. This is a call to action for everyone who believes in the future of cannabis in California.” 

A Vision for Reform

The ballot measure will address the root causes of the industry’s struggles by:

  • Tax Reform: Addressing excessive taxes that drive businesses out of the legal market and into financial ruin.
  • Regulatory Streamlining: Simplifying compliance to support small and medium-sized businesses and encourage innovation.
  • Protecting Small Farmers and Legacy Operators: Ensuring policies that sustain local economies and preserve California’s cannabis heritage.
  • Public Safety and Community Investment: Strengthening the legal market to combat the illicit trade while reinvesting in communities.“This initiative represents hope for an industry that has been left behind,” added Parks. “It’s about creating a sustainable system that ensures cannabis businesses thrive while generating fair tax revenue and protecting public safety.”

Call to Action: Join the Movement

Cannabis Aligned invites cannabis industry members, advocates, and community leaders to take part in this critical effort. Your voice is essential to crafting a ballot measure that ensures the survival and growth of California’s cannabis market.

  • Participate in Workgroups: Join discussions to help shape the future of the industry.
  • Provide Feedback: Share your insights and ideas through surveys and forums.
  • Support the Campaign: Stay informed, volunteer, or contribute to the effort.

Visit CannabisAligned.com or contact us at united.cannabis1@gmail.com to learn more and get involved. 

About Cannabis Aligned

Cannabis Aligned is a coalition of industry leaders, advocates, and community stakeholders committed to creating a sustainable and equitable cannabis industry in California. By uniting voices from across the sector, Cannabis Aligned is rewriting the rules to secure a thriving future for cannabis in the Golden State. For more information, visit https://www.cannabisaligned.com.

Media Contact

Sara Bryant
sara.bryant@hearst.com

January 22, 2025 12:28 PM
EDT
BROKEN ARROW, OK

Botanic Tonics' feel free Soars Into Energy Category Elite, Claiming Top 4 Position Alongside Industry Giants

In a seismic shift for the energy supplement industry, Botanic Tonics' feel free wellness supplement has claimed its place among the top 4 energy and supplement brands at two major U.S. convenience store chains.

According to NIQ data from the past 12 weeks, the plant-based supplement has surpassed established industry giants like C4, Ghost, and 5-hour Energy in sales at these retailers, marking a dramatic shift in consumer preferences.

This success in two of the nation's largest convenience retail chains marks a transformative moment in the $21 billion energy market. The rapid rise of this plant-based challenger has sent shockwaves through the industry. In just three years, Botanic Tonics has evolved from an innovative startup to a legitimate threat to decades-old energy brands, proving that consumers are ready to embrace alternatives to traditional synthetic energy products.

"Breaking into the top 4 brands alongside established industry leaders like Red Bull, Monster, and Celsius isn't just an achievement—it's a statement," said Cameron Korehbandi, CEO of Botanic Tonics. "What's even more remarkable is that our single feel free SKU ranks as the #3 in these chains, competing against and outpacing entire product lineups from major manufacturers. We're putting the entire energy industry on notice: the future of energy isn't artificial stimulants, it's plant-based innovation."

Korehbandi, drawing from his experience in the energy category, added, "Having spent years working for the top player in the energy category, I saw that true category innovation was long overdue. The market was stagnant, with brands simply repackaging the same formulations under different labels. Botanic Tonics is delivering the disruption consumers want—we've overtaken these derivative energy brands in every retailer where we share distribution, within a matter of months."

Market Growth and Distribution 

"Our momentum is unparalleled, with our last 90 day ordering store count now reaching 23,000 nationwide and climbing," said Chris Elebesunu, Senior Vice President of Sales at Botanic Tonics. "Securing our position in the top 4 across two major national chains isn't just validation—it's proof that we're rewriting the rules of the energy category. Consumers aren't just choosing feel free over traditional options; they're demanding a new standard in energy supplements. And we're just getting started."

Quality and Innovation Leadership 

While disrupting the market, Botanic Tonics maintains its commitment to premium quality and safety through its FDA-registered, cGMP-certified production plant in Broken Arrow, Oklahoma. Every batch undergoes rigorous testing for quality and consistency, setting new benchmarks for the category.

Disclaimer: Consume responsibly. Adults 21 years of age and older only. To learn more, visit our Consumer Education page.

About Botanic Tonics  

Botanic Tonics, established in 2020, produces kava-forward tonics under its feel free brand at its FDA-registered, cGMP-certified facility in Broken Arrow, Oklahoma. Its signature products are crafted with ancient functional plants to provide mood lift, energy, and focus. The company actively supports consumer safety regulations through transparent labeling and educational resources. Learn more at https://botanictonics.com.

Media Contact

Botanic Tonics
media@botanictonics.com

January 21, 2025 5:13 PM
EDT
ATLANTA, GA

The National CIO Review Unveils 42 CIO Leadership Moves in Latest "CIOs On the Move" Edition

The National CIO Review (TNCR) is back with its latest edition of CIOs on the Move, spotlighting the newest wave of technology leaders making their mark. This monthly roundup features CIOs, CTOs, and CISOs stepping into exciting new roles, celebrating their accomplishments and contributions to the tech world.

This edition highlights 42 leaders taking on key positions at organizations like General Motors, Boeing, Shake Shack, 7-Eleven, and the Department of Homeland Security. It’s your go-to guide for keeping up with the latest leadership shifts, industry trends, and the growing demands of IT leadership.

“Our CIOs on the Move feature helps organizations, peers, and aspiring leaders stay in the know about the latest leadership moves and draw inspiration from the incredible careers shaping the future of IT,” says Emily Hill, Managing Editor at TNCR.

Stay in the loop on tech leadership insights by registering with The National CIO Review: https://nationalcioreview.com/sign-up.

Read the full article here: 42 CIOs On the Move

About CIOs on the Move

CIOs on the Move is one of The National CIO Review's most anticipated features, highlighting key executive movements within the technology industry. Each month, TNCR provides an updated curation of the latest appointments, promotions, and transitions among CIOs, CTOs, CISOs, and other technology leaders.
 
About The National CIO Review

The National CIO Review (TNCR) is the leading voice for CIOs and IT leaders, championing insightful thought leadership and providing critical analysis on the latest trends in technology. TNCR aims to inform and inspire the technology executives who are shaping the future of business. To learn more, visit https://nationalcioreview.com.

Media Contact

Emily Hill
emily.hill@burgateglobal.com

January 21, 2025 2:44 PM
EDT
BURLINGAME, CA

Arc70 Capital Closes Oversubscribed Fund IV at $820 Million

Arc70 Capital has successfully closed Arc70 Fund IV (“Fund IV” or “the Fund”) at its hard cap of $820 million, surpassing the initial target of $750 million. This oversubscribed fund reflects strong support from both new and existing investors. Arc70’s total assets under management now exceeds $1.8 billion with this latest milestone.

Fund IV builds on the momentum of Arc70’s previous fund, which closed with $550 million in commitments in 2021. The firm has a proven track record with over $4.7 billion in affordable housing related investments. These investments have preserved or created more than 44,000 affordable housing units across the United States.

Accelerating Scale with Meaningful Outcomes

“We are deeply grateful for the trust and support of our new and existing investors,” said Denny Hou, co-founder of Arc70 Capital. “The closing of Fund IV positions us to continue scaling our impact on affordable housing and continue to deliver both strong financial returns and meaningful social outcomes.”

“The need for affordable housing in the U.S. far outpaces supply,” said Steffan Dye, Head of Investor Relations. “Investors are increasingly drawn to opportunities that provide stable returns while contributing to the well-being of low-income families, seniors, and individuals with disabilities. Fund IV allows us to expand our reach and make a tangible difference in more communities nationwide.”

Investing with a Differentiated Approach

“Arc70 Capital was founded on the belief that investing in underserved communities creates transformative opportunities,” said Adrian Garcia, co-founder of Arc70 Capital. “The overwhelming support for Fund IV strengthens our ability to deliver exceptional investment performance while fostering positive results for stakeholders.”

About Arc70 Capital

Arc70 Capital is a structured credit investor that takes a long-term approach to investing and working with stakeholders to finance the development and preservation of affordable housing. Arc70 has made more than $4.7 billion of affordable housing related investments, which have built or preserved over 44,000 units of affordable housing across the country. For more information, visit https://arc70.com.

Media Contact

Steffan Dye
ir@arc70.com

January 21, 2025 12:04 PM
EDT
BOSTON, MA

James Beard Foundation's Taste America Returns to Boston with Star-Studded Chef Lineup

The James Beard Foundation's Taste America® presented by Capital One announces its return to Boston on February 6, 2025, with an extraordinary culinary celebration at the State Room featuring the region's most innovative chefs and restaurants.

From the streets of Somerville to the shores of Portland, ten celebrated chefs will transform the 33rd floor into a showcase of New England's diverse culinary landscape. Leading the charge is TasteTwenty chef Cassie Piuma of Sarma, whose bold Middle Eastern flavors will set the tone for an evening where tradition meets innovation.

"This year's lineup reads like a love letter to New England's dining scene," says Nancy Bean, owner of WISE UP Events. "Each chef brings their unique perspective to the table, creating a mosaic of flavors that tells the story of our region's evolving food culture."

The evening's culinary journey spans the globe: guests will experience the Nigerian-inspired dishes of Cecilia Lizotte's Suya Joint, the vibrant Latin flavors of Amarilys Colon's La Padrona, and the refined New England cuisine of Conor Dennehy's Talulla and Fallow Kin. Providence's rising star Milena Pagán of Little Sister joins Boston's Nick Dixon of Prima and David Blessing of the State Room in showcasing the region's contemporary American cuisine.

David Vargas brings Vida Cantina's innovative Mexican cuisine from Portsmouth, while Valerie Goldman presents The Honey Paw's Asian-influenced creations from Portland. Urban Hearth's Erin Miller, in collaboration with Bostonchefs.com and the American Lamb Board, will present a special station highlighting the versatility of American lamb.

"What makes this event extraordinary is how it brings together the different threads of our culinary community," Bean adds. "From established James Beard nominees to emerging talents, each chef adds their own distinctive voice to the conversation."

The evening is enhanced by partnerships with premium brands including Longwood Venues & Destinations, Nantucket Wine & Food Festival, Saratoga Spring Water, Tito's Handmade Vodka, Rosaluna Tequila, Bulleit Whiskey, and more, each adding their own element to this multifaceted celebration.

Two ticket options are available:

  • Premier Access (6:00 PM): $225
  • General Admission (7:00 PM): $150

Tickets are now available for purchase.

For a full list of chefs and to purchase tickets, visit https://www.jamesbeard.org/events/taste-america-boston-13.

About WISE UP Events

Based in Boston, WISE UP Events is a premier events services company specializing in creating unforgettable culinary and wine experiences. WISE UP designs and produces exceptional events ranging from intimate fundraisers to grand multi-day festivals. The company's expertise lies in concept development, talent curation, crowd engagement, and flawless event execution. With decades of experience, WISE UP Events has established itself as a leader in food and wine event production, marketing, and management, making them a go-to choice for clients seeking high-quality, memorable events in the culinary and wine industries. For more information, visit https://www.instagram.com/wiseupevents.

About James Beard Foundation

The James Beard Foundation (JBF) is a 501(c)3 organization that celebrates and supports the people behind America’s food culture, while pushing for new standards in the restaurant industry to create a future where all have the opportunity to thrive. Established over 30 years ago, the Foundation has highlighted the centrality of food culture in our daily lives and is committed to supporting a resilient and flourishing industry that honors its diverse communities. By amplifying new voices, celebrating those leading the way, and supporting those on the path to do so, the Foundation is working to create a more equitable and sustainable future—what we call Good Food for Good®. JBF brings its mission to life through the annual Awards, industry and community-focused initiatives and programs, advocacy, partnerships, and events across the country.

For more information, subscribe to our Beard Bites newsletter and follow @beardfoundation on Facebook, Twitter, Instagram, LinkedIn, and TikTok.

Media Contact

Mike Fahey
mike@faheycomm.com

January 21, 2025 10:14 AM
EDT
LAS VEGAS, NV

ElphaPex Unveils DG Home1 at CES 2025, Redefining Crypto Mining for Smart Homes

ElphaPex, a pioneer in cryptocurrency mining technology, made a splash at CES 2025 with the debut of its groundbreaking DG Home 1, a device that seamlessly integrates cryptocurrency mining into a sleek design.

Making Crypto Mining Effortless and Sustainable

ElphaPex’s mission is simple: democratize cryptocurrency mining by transforming it into an accessible, eco-friendly process that fits seamlessly into modern life. By embedding mining technology into common household appliances, ElphaPex enables users to generate passive income while performing everyday tasks. “We’re addressing the challenges of traditional mining, such as high energy consumption and complexity, by reimagining how crypto mining fits into daily life.”

A Must-Visit Booth at CES 2025: ElphaPex, LVCC

The ElphaPex booth at CES 2025 is drawing massive crowds, buzzing with excitement as visitors experience the DG Home 1 in action. Tech enthusiasts, investors, and industry experts are engaging in live demonstrations, exploring how the DG Home1 mines cryptocurrency while serving as a functional household device. Attendees are captivated by its sleek design, advanced energy efficiency, and the vision of integrating mining technology into the home. With an interactive setup and in-depth discussions with ElphaPex experts, the booth has become one of the most talked-about attractions at CES 2025.
 
Gaining Recognition: Exclusive Feature with Gadget Flow

ElphaPex’s innovative approach has garnered widespread attention, including an exclusive interview with Gadget Flow, a premier platform for discovering cutting-edge tech. This feature highlights how ElphaPex is simplifying crypto mining while making it more sustainable and inclusive for a global audience.

Breaking Barriers with the DG Home 1

Priced at $1,999, the DG Home1 is a compact, user-friendly device designed for modern households. Unlike traditional mining rigs, which demand significant space, energy, and expertise, the DG Home 1 allows users to generate passive crypto income effortlessly.
 
Kendrick Perkins Joins ElphaPex at CES 2025

NBA legend Kendrick Perkins visited the ElphaPex booth at CES 2025, exploring the cutting-edge DG Home 1 and engaging with fans. His presence highlighted the growing mainstream appeal of crypto mining technology. Attendees were thrilled to meet Kendrick, snap photos, and hear his thoughts on how ElphaPex is reshaping the future of mining.
 
DG Home 1 and Samsung Swag Giveaway

ElphaPex lit up CES 2025 with an exciting giveaway, offering attendees the chance to win a DG Home 1 and exclusive Samsung swag. The interactive event drew crowds, energizing the booth and showcasing ElphaPex's commitment to connecting with the community. Winners walked away with premium prizes and unforgettable memories.
 
Unmatched Technological Innovation

The DG Home1 delivers:

  • Energy-efficient architecture that minimizes power consumption
  • Extreme durability for reliable performance across a wide temperature range
  • Universal compatibility for seamless integration

To see our ABC News spotlight during CES 2025, go to https://www.youtube.com/watch?v=sStL6tKt-SU. To learn more, visit ElphaPex.com or email marketing@elphapex.com to schedule an interview.

About ElphaPex

ElphaPex leads the charge in cryptocurrency mining innovation, delivering energy-efficient, accessible solutions that transform how individuals interact with blockchain technology. With a focus on sustainability and user experience, ElphaPex is making crypto mining a practical, everyday activity for households worldwide. For more information, visit https://elphapex.com and follow ElphaPex on Instagram, YouTube, LinkedIn, and X.

Media Contact

Ayee Liu
marketing@elphapex.com

January 21, 2025 5:51 AM
EDT
RIYADH, Saudi Arabia

Saudi Investor Khalid Alaamry Provides Educational Guide and Strategies to Succeeding in Global Stock Markets in the Alaamry Global Capital Annual Letter

Alaamry Global Capital, a leading Riyadh-based global investment fund with a focus on emerging markets and equities, recently issued its 2024 Annual Shareholder Letter. A summary of the 28-page letter, written by portfolio fund manager Khalid Saud Alaamry, is provided below.

--

Dear shareholders,

Over the years, I have had numerous conversations with friends and family about the stock market, investment strategies, and the current landscape of opportunities. Many have asked about the rationale behind our fund's strategy, particularly our exposure to Chinese equities, and how we approach decision-making in such a complicated environment. These discussions have made me realize the importance of educating investors on how to think about the market-focusing on fundamentals, research, and a disciplined approach to investing.

The purpose of this letter is to share insights on how we evaluate investment opportunities, both within our fund and as a general investment principle. I've included case studies and real-world examples to illustrate how we apply these principles, with a special focus on China, which we believe is an undervalued market with strong upside potential. Through this, I hope to provide guidance on how investors can make decisions based on data and facts rather than emotion or sentiment.

Our Investment Philosophy

At Alaamry Global Capital, our strategy is simple: we invest in exceptional companies
trading below their intrinsic value. We target businesses with:

  • Competitive advantages
  • Strong and capable management
  • Prudent capital allocation
  • Shareholder-friendly practices

We prioritize investing in companies with founder-led management teams.  Some 85% of our portfolios comprises companies where, on average, 30% of our outstanding shares are held by insiders.

By purchasing such companies at discounted prices, we create a margin of safety that protects against potential downside risks while maximizing long-term returns.

These opportunities often arise during periods of economic uncertainty, industry challenges, or company-specific issues. Negative market sentiment and short-term panic drive stock prices below fair value, offering attractive entry points for long-term investors. As Benjamin Graham wisely observed, markets are “a voting machine in the short term but a weighing machine in the long term.”

In today’s technology-driven world, average holding periods for stocks have dramatically declined from eight years in the 1950s to under six months. This short-term focus allows us to capitalize on undervalued stocks, holding them through recovery for superior long-term returns.

Why Focus on China? 

China, the world’s second-largest economy, offers an unparalleled investment opportunity. Despite achieving the “Chinese Miracle” with an average annual growth rate of 10% over three decades, its stock market remains significantly discounted.
 
A Historical Perspective

The Hang Seng Index, which peaked at 31,000 in 2021, has dropped 53% to lows of 14,687. This decline surpasses the 25% COVID-19 crash and is comparable to the 57% drawdown during the Global Financial Crisis (GFC).

To put this into perspective, a similar performance in the S&P 500 would place it at around 1,928 points—three times cheaper than its current level of over 6,000. Such a decline would erase a decade of gains, much like the Hang Seng’s drop wiped out 15 years of returns.

Currently, the Hang Seng trades at roughly one-third the valuation of the S&P 500, presenting a compelling opportunity.

As Baron Rothschild famously said: "The time to buy is when there's blood in the streets."

Price-to-Earnings Ratio Points to Great Valuations

Historically, the U.S. market has experienced prolonged periods of flat or negative returns:

  • Post-dot-com bubble (2000–2013): The S&P 500 took 13 years to recover to previous highs.
  • 1969–1981: A stagnant period influenced by the 1974 oil embargo, the effects of which lasted 11 years.

Recoveries After Downturns

Market recoveries after such downturns have been robust:

  • 2013 to present: The S&P 500 climbed from 2,060 to over 6,000 (+291%).
  • 1990 to 2000: The index rose from 720 to 2,770 (+385%).

The U.S. market's current price-to-earnings (PE) ratio is at 27, nearing dot-com bubble levels and nearly double its historical mean of 15.8. The Hang Seng Index PE is at 10, significantly below its 20-year average of 15.19.

The last time the U.S. market PE ratio reached a level similar to the 10 of the Hang Seng was during the 2008 GFC. Since then, the S&P has delivered an impressive 878% return, or 15.6% annually (excluding dividends).

China’s stock market offers attractive valuations compared to the U.S. The low Hang Seng Index PE ratio signals the potential for a strong rebound. If the index reverts to its 20-year average, it could rise to 30,000, a 50% upside. A return to its historic high P/E of 21.2 would push the index above 40,000, offering a potential 100% upside.

As Warren Buffett wisely states: “Be fearful when others are greedy and greedy when others are fearful."

The Buffett Indicator Points to an Undervaluation of the Chinese Market

Warren Buffett’s preferred valuation metric, the Buffett Indicator, compares total stock market capitalization to GDP.

  • U.S. Indicator: 2.09x GDP, higher than the 1.5x peak during the dot-com bubble and four times higher than the 0.5x low during the Global Financial Crisis.
  • China ratio: 0.60x GDP.

This signals significant overvaluation in the U.S. and makes China nearly 3.5 times cheaper.

Lessons from Microsoft’s Lost Decade & Recovery

Microsoft’s “lost decade” (2000–2010) offers valuable insights. During this period, despite strong fundamentals, the stock delivered zero returns for a decade due to valuation contraction:

  • P/E dropped from 70x to 8x.
  • P/S fell from 28x to 2.27x.

From 2013 to 2024, Microsoft’s fundamentals kept improving, leading to significant rerating:

  • Revenue/share grew 3.5x; EPS grew 8x.
  • P/E expanded from 12x to 34.4x.
  • Stock price rose from $27 (2013) to $420 (2024).

Total return: 1,555%, or 28.3% annualized.

Understanding Returns Over Two Periods

2000–2013:
  • Revenue grew 440%, EPS grew 300% (9% annualized).
  • Stock return: -47% (-4.7% annualized).

2013–2024:
  • Revenue grew 357%, 
  • EPS grew 459% (14.63% annualized).
  • Stock return: 1,555% (28.25% annualized).

Key Insight

Microsoft's fundamentals were strong in both periods, but stock returns varied due to valuation differences. This raises the question: Why do investors avoid low-valuation markets but flock to overvalued ones?

The takeaways from this case study:

  • Value, price, and fundamentals all matter in the long run.
  • Short-term price fluctuations mostly reflect the near-term sentiment of investors.
  • Low historical returns lay the foundation for high future returns.
  • Investors are generally irrational and guided by herd mentality.  They are most comfortable buying with the crowd at market highs rather than being prescient but one of the few at market lows

Warren Buffett’s quote is worth mentioning here: “Price is what you pay, value is what you get.”

Valuation Comparison: U.S. Big 7 vs. China 

The contrast between U.S. and Chinese markets is stark:
 
  • U.S. Magnificent Seven: Average P/E = 45x; P/FCF = 84.83x.
  • China Big 7: Average P/E = 13.9x; P/FCF = 10.94x.

Summary Comparison

U.S. stocks are approximately 5.5 times more expensive than their Chinese counterparts. Like Microsoft’s post-“lost decade” recovery, China’s large caps could experience similar rerating.

Insider Behavior Can Give the Game Away

Currently, insiders in U.S. companies are happy to sell their stock knowing the shares are at all-time peak valuations. At the current S&P 500 level of 6,000, U.S. insiders are selling stock in record volume.

This reinforces our belief that the China market is where the opportunity lies. If insiders do not have confidence in their own companies in the U.S., why should we put our money in their companies?

Fundamentals of Our China Portfolio

Our China-based portfolio at Alaamry Global Capital demonstrates compelling valuation and fundamentals:

Valuation

  • Price/EBIT: 9.85
  • P/S: 0.88
  • P/FCF: 6.70
  • P/OPCF: 5.29
  • P/E: 10.03
  • Cash/market cap: 31%

Profitability Metrics

  • ROE%: 18.49%
  • 5-year average ROE: 19.35%
  • ROCE: 17.00%
  • ROIC: 13.99%
  • Estimated internal ROIC: 24.20%

Capital Returns

  • Dividend yield: 4% (40% payout ratio).
  • Buyback yield: 2.16%.
  • Dividend growth (3 yrs): 66.52%
  • Total shareholder yield: 6.18%

Fundamental Performance of Our Companies

10-year growth:

  • Revenue: 510.02%
  • EPS: 726.93%
  • FCF: 766.99%

A Trip Down Memory Lane

During a business trip to China, I met the CEO of a portfolio company who had grown his business into a multibillion-dollar enterprise with a 38x FCF increase over a decade and a 10- year average ROE of 21.32%. Despite this success, his stock had dropped 60% from 2021 highs, leaving him puzzled and unconfident.

I assured him that short-term market irrationality doesn’t negate strong fundamentals. I recounted how some of the stocks I owned had a drawdown of over 90% but they turned around eventually to become 10-baggers. I also reassured him that, as the CEO, he is best suited to determine his company's health.  Soon after, he began personally buying back shares, demonstrating confidence in his company and alignment of interest with shareholders—traits I deeply admire.

Our Investment Mission

We focus on amazing, founder-led companies with strong insider ownership and high returns on capital. These businesses are available at single-digit valuations—70% cheaper than their U.S. counterparts.

If a company is twice as good as average but priced at half the market average, it’s considered four times a better investment opportunity in a way.

Conclusion

Not every good company is a good investment. At Alaamry Global Capital, we balance valuation and quality to achieve long-term returns. Instead of listing what we do, here’s what we avoid:

  • Short-term investing (day trading or predicting next quarter's results).
  • Shorting or speculative price action.
  • Predicting the economy or chasing fads.
  • Investing in companies with questionable management integrity and disregard for shareholders' interests.
  • Investing in loss-making companies without proven track records.

While many fund managers avoid markets like China due to perceived risk, we embrace long-term opportunities and invest our own capital, aligning fully with our investors' interests.

We focus on deeply studying businesses, investing only when they meet our stringent criteria. A guiding question we ask is: "Would we own this business if the stock market were closed for the next 10 years?" This long-term perspective helps us ignore short-term price fluctuations.

My investment journey began over 15 years ago, shaped by experiences like the 2011 Japan tsunami, when strong companies traded at discounts unrelated to their fundamentals. This reinforced my belief in value investing—a philosophy I continue to apply successfully today, hoping to benefit both my community and the Kingdom of Saudi Arabia.

As Warren Buffett encouraged during the GFC, saying, “Buy American, I am." Like him, I now say: “Buy China, I am.”

I hope this letter provides valuable insights into our philosophy. Just as I have learned from others’ writings, I aspire for my reflections to help strengthen your investment perspectives by encouraging you to read and learn continuously.

Kind regards,

Khalid Saud Alaamry
Alaamry Global Capital

Disclaimer: None of the content contained in this letter should be taken as investment advice. You should do your own due diligence prior to investing. To see the full 2024 Annual Shareholder Letter, click here.

About Alaamry Global Capital

Alaamry Global Capital is a mutual fund dedicated to identifying global securities with strong fundamentals and attractive valuations. We cater primarily to the investment community, offering unique insights into investment strategies, portfolio management, and value investing. Our focus is on global equities, where we seek out opportunities in high-quality companies that offer long-term value. By emphasizing strong fundamentals and sound valuations, we are committed to investing with a long-term perspective and building resilient, growth-oriented portfolios. For more information, contact info@alaamira.com.

Media Contact

Khalid Alaamry
khalid@alaamira.com

January 17, 2025 9:02 AM
EDT
DELHI, India

PDF Fox Launches Revolutionary PDF Management Platform for 2025

PDF Fox, a cutting-edge PDF management tool created by Ankit Jain, officially launches to provide users with a comprehensive suite of solutions for managing, editing, and protecting PDF documents. With millions of PDFs created globally every day, PDF Fox addresses the growing demand for effective PDF solutions in business, education, and everyday life.

PDF Fox is designed to simplify PDF management for individuals and businesses with powerful tools that are easy to use and accessible to everyone. With over 2.5 billion PDFs created every day, the need for an efficient, user-friendly platform for editing, converting, and protecting PDFs has never been greater. PDF Fox offers a wide range of solutions that include PDF merging, compression, repair, conversion, and protection, all designed to streamline workflows and enhance productivity.

“We understand the importance of accessible and efficient PDF solutions, which is why we are offering our platform free of cost for users around the world,” said Ankit Jain, founder and CEO of PDF Fox. “We’ve created a tool that meets the needs of both individual users and organizations, offering an intuitive platform that simplifies complex PDF tasks. Whether you're working on a school project or managing legal documents, PDF Fox makes PDF management easier and more efficient than ever before.”

Key Features of PDF Fox

1. Merge PDFs

One of the most requested features by users, merging multiple PDFs into a single, seamless document can save a significant amount of time and effort. With PDF Fox's PDF merging tool, users can easily combine several PDF files into one without needing advanced software skills. This is especially useful for anyone who handles large volumes of documents and needs to organize them for sharing or archiving.

Learn more: Merge PDFs with PDF Fox

2. Compress PDFs

Large PDF files are a common challenge, especially when sending them via email or uploading them to websites with size limitations. PDF Fox’s compress PDF tool allows users to significantly reduce the size of PDF documents while preserving their quality. Whether you're working with high-resolution scans, presentations, or e-books, PDF Fox ensures that your PDFs are optimized for sharing and storage.

Learn more: Compress PDFs with PDF Fox

3. Repair PDFs

Corrupted or damaged PDFs can result in the loss of critical information. PDF Fox’s repair PDF tool is designed to restore and repair damaged PDFs, recovering essential content, text, images, and formatting. This feature is crucial for anyone who relies on PDFs for storing contracts, reports, or invoices. It ensures that even when a file is corrupted due to system crashes or incomplete downloads, you can recover and restore it to its original state.

Learn more: Repair PDFs with PDF Fox

4. Protect PDFs

Security is a key concern for many users working with sensitive information. PDF Fox offers PDF protection tools that help users secure their files with password encryption and access restrictions. By adding password protection, watermarking, or restricting permissions (e.g., no printing or copying), users can safeguard confidential information from unauthorized access. Whether you're handling legal documents, financial statements, or private client data, PDF Fox ensures that your files remain secure.

Learn more: Protect PDFs with PDF Fox

5. Convert JPG to PDF

Turning image files into a PDF document is an essential tool for photographers, designers, and anyone who works with images. With PDF Fox’s JPG to PDF conversion tool, users can easily convert their JPG files into PDF documents, preserving the quality and layout of the images. Whether you're creating a photo album, preparing image-based reports, or converting scans, this tool is designed to streamline the process.

Learn more: Convert JPG to PDF with PDF Fox

6. Convert PDF to JPG

Sometimes, you need to extract specific images or pages from a PDF. With PDF Fox’s PDF to JPG conversion tool, users can convert PDF files into high-resolution image files, making it easier to extract and share content from PDF documents. This feature is especially useful for anyone who needs to pull images from product catalogues, brochures, or scanned documents.

Learn more: Convert PDF to JPG with PDF Fox

7. Convert Word to PDF

Converting Word documents to PDFs is a critical tool for professionals, students, and businesses that require standardized document formats. PDF Fox’s Word to PDF tool ensures that Word files are transformed into high-quality PDFs that maintain their original layout, fonts, and formatting. This tool is ideal for anyone who needs to create secure, shareable documents from Word files.

Learn more: Convert Word to PDF with PDF Fox

8. Convert PDF to Word

Converting a PDF to an editable Word document is essential for users who need to modify the contents of a PDF. PDF Fox’s PDF to Word tool allows users to quickly and easily convert their PDF files into Word documents, retaining all the original content, including text, images, and formatting. This conversion tool is highly useful for businesses and students who need to edit and work with previously static PDF documents.

Learn more: Convert PDF to Word with PDF Fox

9. Unlock PDFs

Locked PDFs can be frustrating, especially when you need to access the content quickly. PDF Fox’s unlock PDF tool is designed to help users remove password protection from PDFs, giving them access to their content when the password is forgotten or unavailable. This feature is essential for anyone who needs to access locked documents but does not have the necessary permissions to open them.

Learn more: Unlock PDFs with PDF Fox

About PDF Fox

PDF Fox was founded by Ankit Jain in 2024, with a mission to provide an innovative PDF management platform to users worldwide. Jain’s 13 years of expertise in software development and IT have contributed to creating an intuitive and user-friendly platform that simplifies PDF-related tasks.

With increasing demand for digital document management, PDF Fox offers an array of tools to streamline workflows for individuals and businesses alike. The platform’s focus on providing accessible and effective solutions for PDF merging, conversion, compression, protection, and repair has positioned PDF Fox as an essential tool for anyone dealing with PDFs on a regular basis.

For more information, visit www.thepdffox.com.

Media Contact

Ankit Jain
ankitjain@thepdffox.com

January 17, 2025 3:35 AM
EDT
LONDON, United Kingdom

MSG91 Broadens Global Footprint with Cutting-Edge Multi-Channel Messaging and Marketing Automation Capabilities

MSG91, a prominent global communication platform, proudly announces its ambitious expansion into over 100 countries. With a comprehensive suite of messaging services—including Rich Communication Services (RCS), WhatsApp Business API, Email API, SMS, and advanced Marketing Automation tools—MSG91 is set to revolutionise customer engagement and streamline business operations internationally. This landmark growth underscores MSG91’s commitment to equipping enterprises with state-of-the-art tools tailored to modern communication demands.

Transforming Communication Across Channels

MSG91 is redefining the business communication landscape, empowering organisations to connect with their customers seamlessly through versatile, multi-channel solutions whether leveraging SMS, WhatsApp, email, or RCS, MSG91’s integrated approach facilitates impactful and personalised interactions at scale.

RCS: Pioneering the Next Generation of Messaging

Rich Communication Services (RCS) represent the forefront of interactive messaging. By enabling businesses to deliver media-rich messages incorporating images, videos, and interactive buttons, RCS transforms traditional messaging into a dynamic and memorable experience. With its unified platform, MSG91 makes it simpler than ever for companies to manage campaigns effectively, enhancing customer engagement and ensuring measurable results.

WhatsApp Business API: Transparent, Scalable, and Effective

WhatsApp has become indispensable for business communications, and MSG91’s WhatsApp Business API capitalises on its immense potential. Whether for customer support, marketing, or transactional notifications, this API offers a versatile solution for businesses of all sizes, fostering meaningful connections and enhancing brand loyalty.

Email API: Elevating Business Communication

MSG91’s Email API is designed to maximise communication efficacy. Key features include:

  • Drag-and-Drop Email Template Builder: This intuitive tool enables businesses to craft professional, responsive emails effortlessly. With preview options, organisations can ensure optimal display across all devices.
  • Interactive AMP Emails: These innovative emails allow users to interact directly within the message, eliminating the need for redirects and boosting engagement.
  • Advanced Analytics: Detailed performance metrics—including delivery rates, open rates, click-through rates, and bounce rates—provide actionable insights to optimise campaigns.
  • Real-Time Email Validation: By identifying invalid email addresses, this feature helps maintain clean contact lists and bolsters deliverability.
  • Seamless Integration: Support for RESTful APIs and SMTP ensures effortless integration with both bespoke and third-party applications.

SMS Solutions: Trusted and Scalable

MSG91 supports the delivery of up to one billion messages monthly, underpinned by robust two-way SMS capabilities in key markets such as the U.S. This service facilitates direct customer interaction, making it ideal for transactional updates, promotional campaigns, and real-time alerts.

Redefining Marketing Automation

MSG91’s Marketing Automation tools empower businesses to design and execute sophisticated campaigns across RCS, WhatsApp, email, and SMS channels. By automating routine tasks and simplifying workflows, these tools enable companies to focus on delivering high-impact messages that resonate with their target audience.

Core Advantages of MSG91’s Marketing Automation Suite

  • Unified Multi-Channel Strategy: Streamlines campaigns across all platforms, ensuring cohesive and consistent messaging.
  • Insight-Driven Decisions: Comprehensive analytics provide in-depth understanding of campaign performance, enabling refined strategies.
  • Personalised Communication: Customises messaging to align with individual customer preferences and behaviours, driving higher engagement and conversions.
  • Adaptable Solutions: From startups to global enterprises, MSG91’s tools scale effortlessly to meet diverse business requirements.

A Commitment to Accessibility and Clarity

MSG91 stands apart with its unwavering focus on affordability and transparency. By offering cost-effective solutions devoid of hidden fees, the company ensures its advanced communication tools remain accessible to businesses of all sizes. With transparent pricing models—particularly for the WhatsApp Business API—and inclusive analytics in its Email API offerings, MSG91 guarantees exceptional value without compromising quality.

Expanding Global Horizons

"At MSG91, we remain steadfast in our mission to deliver innovative and dependable communication solutions to businesses worldwide," remarked Shubhendra Agrawal, CEO of MSG91. "Our expansion to over 100 countries reaffirms our commitment to meeting the evolving demands of modern enterprises, empowering them to achieve seamless communication and operational excellence."

This expansion exemplifies MSG91’s ability to adapt to the unique challenges of diverse global markets while maintaining a customer-first approach. By delivering tailored solutions and comprehensive support, the company ensures its tools integrate effortlessly into existing business workflows, regardless of location.

About MSG91

MSG91 is a trusted and secure global communication platform, serving over 30,000 businesses worldwide. Its comprehensive portfolio—encompassing APIs for SMS, WhatsApp, RCS, email, and more—enhances customer interactions through innovative features such as real-time analytics, two-way communication, and virtual numbers. With a resolute focus on scalability, transparency, and innovation, MSG91 continues to redefine the communication landscape, ensuring businesses can thrive in an increasingly interconnected world. For more information, visit https://msg91.com.

Media Contact

Shubhendra Agrawal
hello@msg91.com

January 16, 2025 8:51 PM
EDT
HARROW, United Kingdom

KSD Miner Offers Free Cloud Mining Powered by Clean Energy for Global Users

KSD Miner, a UK-based company reshaping the cryptocurrency mining landscape with innovative cloud mining contracts, today provided insights on how its platform is leading the latest cryptocurrency cloud mining revolution.

What is cloud mining?

As technology continues to advance, the world is moving towards renewable energy-based operations. They rely on renewable energy sources such as solar and wind power to power new energy cloud mining operations, greatly reducing mining costs and integrating the electricity generated by surplus energy into the grid. It not only saves a lot of energy consumption, but also generates high profits, allowing investors to see the opportunity of new energy. In the fast-paced world of cryptocurrency, simplicity and profitability are key. For beginners who want to earn a stable income, cloud mining provides an attractive option.

Cloud mining is the process of mining cryptocurrencies using remote data centers that share processing power. Mining cryptocurrencies through the cloud is an ideal way to leverage the power of professional mining equipment without owning or maintaining the hardware yourself. This method can help you save time and money while still receiving mining rewards.

Benefits of Cloud Mining

  • Convenient investment
  • You don't need to buy any hardware equipment
  • You don't need any technical knowledge
  • You don't have to bear any operating costs
  • Provide flexibility and reliability
  • You can get started immediately

Why Choose KSD Miner

KSD Miner has efficient clean energy. The platform was founded in 2016 and is headquartered in London, UK, with more than 85,300 members worldwide. Since its inception, the company has been focusing on Bitcoin mining business. At present, the company not only has the most advanced mining technology, but also has deployed more than 100 large-scale mining farms; according to statistics, the company contributes about 10.8% of the global computing power.

KSD Miner Platform Advantages

  • Cutting-edge equipment: Using mining equipment provided by top mining machine manufacturers such as Bitmain, Shenma Miner, and Canaan Creative to ensure the stable operation and efficient production capacity of Bitcoin mining machines.
  • Legality and global audience: The platform was legally established in the UK in 2016, protected and issued by the British government, and has attracted more than 85,300 real users worldwide with cutting-edge technology.
  • Intuitive interface: The platform's user-friendly interface ensures that even cryptocurrency novices can easily navigate.
  • Support a variety of popular cryptocurrencies: KSD Miner supports DOGE, BTC, ETH, USDC, USDT, BCH, LTC, XRP, SOL, etc. for settlement
  • Stable income: The contracts launched by the platform have income every 24 hours, and the principal will be automatically returned after the contract expires.
  • Professional team: The platform has an experienced IT team and 24/7 real-time customer service team support to ensure that users can solve problems in time.
  • Affiliate program: Allows you to refer friends and get up to $20,000 in referral bonuses.

How to Join KSD Miner

  • Register: Register now to get a $10 bonus ($0.6 for daily check-in).
  • Choose a contract: After successfully registering, the next step is to choose a mining contract that suits your goals and budget. KSD Miner offers a variety of contracts to meet different needs, whether you are a beginner or an experienced miner. Take a close look below at the available options, considering factors such as contract duration, potential returns, and associated costs. 
  • Start making profits: After selecting and activating a mining contract, you can sit back and let the system do the work for you. KSD Miner’s advanced technology ensures that your mining operation runs efficiently, maximizing your potential earnings.

Choose a contract that suits your investment strategy:

  • Experience contract: Investment amount: $100, total net profit: $100 + $8.
  • Basic contract: Investment amount: $500, total net profit: $500 + $32.5.
  • Smart contract: Investment amount: $5,000, total net profit: $5,000 + $2,175.
  • Classic contract: Investment amount: $8,000, total net profit: $8,000 + $5,120.
  • Premium contract: Investment amount: $10,000, total net profit: $10,000 + $8,750.
  • Super contract: Investment amount: $30,000, total net profit: $30,000 + $31,320.

For more information about the new contracts, visit the official website of the KSD Miner platform: https://365bitcoinminer.com.

About KSD Miner

Established in 2016 and headquartered in Harrow, KSD Miner is a global leader in the cryptocurrency cloud mining industry. After years of development and continuous growth, we currently have more than 100 large-scale environment-friendly energy mines around the world with users in 195 countries and regions. Trusted by more than 8 million users worldwide, we aim to always stay at the forefront of blockchain and cryptocurrency technology applications. For more information, visit https://365bitcoinminer.com.

Media Contact

Media Relations
info@365bitcoinminer.com

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