CARY, N.C., Aug. 28, 2018 /PRNewswire/ — Sports teams try to squeeze out every last bit of talent to gain a competitive advantage on the field. That’s also true in college athletic departments and professional team offices, where entire departments devoted to analyzing data hunt for sports analytics experts that can give them an edge in a game, in the stands and beyond. To create this talent, analytics leader SAS will collaborate with the Samford University Center for Sports Analytics to support teaching, learning and research in all areas where analytics affects sports, including fan engagement, sponsorship, player tracking, sports medicine, sports media and operations.

The collaboration was announced last week at a special event on campus hosted by Michael Hardin, Samford University Provost and Vice President for Academic Affairs, and Darin White, Executive Director of the Center for Sports Analytics.

Samford anticipates future skill sets needed by its graduates, and seeks to prepare students today,” said Hardin. “Analytics and digital literacy are clearly important areas in which to develop new expertise and capabilities.”

Students at the Samford University Center for Sports Analytics work with real-world data provided by partners from the sports world to provide customized solutions. Many top sports properties will provide data, including teams from major international soccer leagues, the NBA and NFL, college athletic conferences and some of the world’s largest apparel companies.

Samford can be an international leader in the emerging field of sports analytics,” said Hardin. “Industry professionals and students learn about the increasing role of analytics in the global sports industry, equipped with powerful analytics technology already being used by many teams.”

SAS has helped the New York Mets, Orlando Magic and Boston Bruins, among others, gain deeper insights into athletes, as well as fan engagement and revenue. Many athletic organizations are collecting data on ticket sales, fans, games, attendance, athletes, mobile apps and web traffic, venues and much more. However, they struggle to pull this disparate information together and use it to improve performance on and off the field.

Samford students will have access to SAS® machine learning, data visualization and other technologies as they tackle projects that span all aspects of sports. In addition to the data-driven player analyses made famous in Moneyball, students work with data from teams and companies to better understand fan engagement and sponsorships. Samford students do not just analyze data from sports franchises, but from the companies that want to maximize the value of athletic sponsorships.

“By applying industry-standard analytics to a breadth of sports challenges, graduates of the center will gain analytical fluency that will give them a wide variety of opportunities in the world of athletics,” said Hardin.

Analytics drives record college football ticket sales, sophisticated soccer player insights

The potential of sports analytics is just beginning to be realized. For instance, the University of North Carolina Athletics Department combines data from UNC’s alumni club and the school’s marketing, creative services and ticket sales groups to tailor campaigns to engage with fans most likely to buy season tickets, donate to the university or take other actions. This approach led to record ticket sales in 2017 of $24 million. UNC sold nearly 5,000 new football season tickets.

On the field, Dutch sports analytics company SciSports uses streaming data and applies machine learning, deep learning and artificial intelligence to capture and analyze a variety of soccer data, making way for innovations in everything from player recruitment to virtual reality for fans. The company’s SciSkill Index evaluates every professional soccer player in the world in one universal index, using machine learning algorithms to calculate the quality, talent and value of more than 200,000 players. This helps clubs find talent, look for players that fit a certain profile and analyze their opponents.

Learn more about SAS for sports analytics and how the UNC Tar Heels play to win with analytics.

“It’s an exciting time to enter the world of sports analytics,” said Sean O’Brien, Vice President of SAS Education. “People with the skills offered by the Samford center will be greeted by a dynamic and opportunity-rich job market.”

SAS skills are not just in demand in athletics. With more than 83,000 customers around the world, SAS skills are valued across industries. SAS collaborates with higher education institutions around the world to meet the enormous demand for analytics talent and offer learners rewarding careers. SAS has helped launch nearly 80 master’s programs and more than 200 certificate programs in analytics and related fields.

About SAS
SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®.

SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2018 SAS Institute Inc. All rights reserved.

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HONG KONG, Aug. 28, 2018 /PRNewswire/ — 

Highlights of the interim results for the six months ended June 30, 2018:

  • Success in implementation of AIoT Business Service Platform + IC Component Trading Platform dual business model” – profit attributable to equity shareholders of the Company increased by 657.2% as compared to the second half of 2017 to approximately RMB239.0 million; Non-GAAP profit attributable to equity shareholders of the Company amounted approximately RMB180.7 million, a significant increase of 223.4% as compared to the second half of 2017.
  •’s AIoT ecosystem has registered over 38,000 companies on its platform to date.
  • The Group strengthened its partnerships with emerging chip companies, and built new relationships with leading chip makers in China, Europe, and Japan.
  • In June 2018, the Group entered an agreement to acquire 40% of GIPP Corporation. GIPP Corporation will be responsible for the overseas management and operation of about 100,000 patents from over ten top-tier Japanese technology companies including Sony and Toyota, etc., and providing business development advisory using’s wide industry resources.
  • In May 2018, the Group signed an agreement with Europe’s largest microelectronics research center to jointly build a microelectronics innovation center with in Shenzhen, for world-class chip design, manufacturing, and application.

Cogobuy Group (“Cogobuy” or the “Company”, stock code: 400.HK; with its subsidiaries (the ”Group”)), a platform providing artificial intelligence and internet of things (“AIoT”) in China, is pleased to announce its unaudited interim results for the six months ended June 30, 2018 (the “Period”).

Financial Highlights of the First Half of 2018
The implementation of “AIoT Business Service Platform + IC Component Trading Platform dual business model” corporate development strategy launched in Q4 2017 has been successful. During the Period, due to the adjustment of the Company’s business structure, reduction in dependence on external funds, and a greater focus on quality to support long-term growth, the Group recorded total revenue of RMB2,961.2 million, a decrease of 51.6% year on year and a decrease of 15.2% as compared to the second half of 2017. Direct sales and respectively generated 94.2% and 5.8% of the total revenue. Since a significant portion of’s profits it from business services and investment,’s contribution to the Group’s profits is far greater than the foregoing percentage of revenue it generated. Meanwhile,’s new profit model helped drive profit attributable to equity shareholders of the Company to approximately RMB239.0 million, a decrease of 11.6% year-on-year and representing a significant increase of 657.2% and compared with the second half of 2017. Non-GAAP profit attributable to equity shareholders of the Company amounted approximately RMB180.7 million, a significant increase of 223.4% as compared to the second half of 2017. During the Period, the Company’s gross profit margin was 7.5%. If the profit from the gain on’s incubated project were included, the Company’s gross profit margin would have been at 13.6%.

With the high growth and rising commercialization of new technologies in China, including the Internet of Things (“IoT”) and artificial intelligence (“AI” and together, “AIoT”), demand for chips is becoming more diversified. As a leading AIoT Business Service Platform in China, is using its first-mover advantage to grow the available resources along the AIoT industry chain. During the Period, the number of companies registering on’s AIoT ecosystem exceeded 38,000; they included chip companies, AI computing companies, module companies, technical solutions providers, and IoT projects — which often have high procurement demands, especially for smart cars, smart homes, robotics, smart healthcare and new materials. In the first half of 2018, EZ Robot, Inc. (“EZ Robot”) incubated by has become the first successful case of industrialization.

The Group is gradually transitioning away from its IC component sales and marketing platform, to a more diversified, business services, investment, and strategic sales platform serving electronic companies in China. Cogobuy expects AIoT downstream projects will become the growth drivers for chip sales in China. In the first half of 2018, enhanced its AIoT business services by upgrading the IngDan Lab into a Center for AIoT Hardware Innovation to better engage world-class AI researchers, as well as developing new patented AI modules. has now expanded its presence in emerging industries such as robotic vacuums, payments via facial recognition, smart warehouse robotics, smart cars, and smart medical devices. The Company has also established strategic partnerships with chip manufacturers for blockchain and edge computing applications to build more synergies for

According to China Semiconductor Industry Association, sales of China’s IC industry in the first quarter of 2018 reached RMB115.3 billion, an increase of 20.8% year-on-year. In the midst of the US-China trade conflicts, domestic IC chips substitution has become an irreversible trend. The Group has been well prepared for such trend and started establishing partnerships with domestic chip manufacturers since 2013. To date, the Group maintains long-term partnerships with 36 domestic leading chip suppliers to capture the market opportunities of domestic chip substitution, while also continues to build strong relationships with first-tier international chip suppliers, to better fulfill market demand for diversified chip types. Meanwhile, riding on national policies, vertical industry applications for IoT, AI, and 5G technologies are expected to grow at a fast pace. The Group’s “AIoT Business Service Platform + IC Component Trading Platform dual business model” strategy facilitated the Group’s AI module sales and its AIoT business services in the first half of 2018. During the Period, revenue generated from represented 5.8% of the Group’s total revenue. Its role in sustaining the Group’s long-term growth in the fast-growing industries of chip sales has becoming prominent.

As at June 30, 2018, the Group’s cash and bank balances (including pledged deposits) were RMB2,075.7 million. The number of basic ordinary shares outstanding was 1,456,354,000, and diluted common shares outstanding was 1,459,569,000.

Business Highlights

  • In view of the rising trade tensions between China and the U.S., the Group is actively entering into partnerships with leading, non-U.S. chip manufacturers. In May 2018, the Group signed an agreement with Europe’s largest microelectronics research center to jointly build a microelectronics innovation center with in Shenzhen, for world-class chip design, manufacturing, and application. The center has been successful in customizing chips for AIoT companies in sensing technology, sensor networks, communications, ultra-low power technologies, and ultra-low frequency radios.
  • In June 2018, the Group entered an agreement to acquire 40% of GIPP Corporation. GIPP Corporation will be responsible for the overseas management and operation of about 100,000 patents from over ten top-tier Japanese technology companies including Sony and Toyota, etc., and providing business development advisory using’s wide industry resources. The GIPP Corporation will help introduce Japanese companies with core technologies into China, to further enrich’s resources.
  • In April 2018, with the Group’s proprietary technology based on the R16 chip technology from Allwinner, the IngDan Lab’s K-system successfully developed the SLAM AI module for robotic vacuums, which officially entered into mass production. The Group continues to cooperate with Allwinner to optimize its SLAM technology to enhance its technical advantages. Furthermore’s strategic partner, Unisound, successfully developed an AI chip into a module with the help of platform and released one of the world’s first AI chips implemented in IoT industry, validating Cogobuy’s leadership in domestic IC industry.

Mr. Jeffrey Kang, CEO of Cogobuy Group said, “Since implementing our new business strategy and corporate adjustments at the end of last year, Cogobuy has integrated all of its business segments into two major platforms, running our IC components direct sales through Cogobuy, and providing our AIoT business services through

Under the new ‘AIoT Business Service Platform + IC Component Trading Platform dual business model’, realized its three monetization strategies in the first half of 2018: first, the sale of smart hardware, like chips and AI modules, to AIoT enterprises; second, the provision of customized chip design, proprietary AI modules, supply chain finance and other industrial chain services to generate revenue; third, realization of gain from equity investments in AIoT technology companies it incubated. EZ Robot is the first successful case for industrialization through

Overall, through’s support for IoT, AI, and chip companies, the Group has gradually transformed from component sales and marketing platform to a business service platform. As we move forward, we will strive to provide multi-dimensional services for AIoT companies, including AI solutions, supply chain management, and intellectual property core design. With the emergence of technologies like IoT, Big Data, and Cloud Computing, and the deepened integration of information technology and industrial manufacturing, demand for chips and AI modules is poised to reach new highs. As the leading provider of IC components and customized chips, Cogobuy will play an increasingly important role. We have focused particularly on our partnerships with chip companies in emerging fields, and strengthening synergies between our IC components trading and

According to statistics from the China Semiconductor Industry Association, the value of ICs imported in 2017 was US$260.1 billion. At present, more than half of the world’s top 100 chip manufacturers are partner suppliers of the Group. Having established long-term cooperative relationships with 36 leading domestic chip manufacturers, covering the majority of large chip manufacturers in China, the Group believes that it is well positioned for the growth of domestic IC companies in China. Through such impeccable resources on the industry chain, the Group aspires to facilitate China chip development and expects its chip business to maintain growth against the backdrop of the U.S.-China trade conflicts.

The Company believes that the new development strategy will reduce the Group’s dependency on external funds, and help it avoid potential business risks brought by the slow recovery of banking facilities. Looking forward to the second half of the year, the Company will continue to rely on its own funds to promote the industrialization of, and focus on quality to lay solid foundations for sustainable profits. In addition to EZ Robot, which focuses on robotics, will continue to provide growth drivers as it rolls out other projects in the fields of customized chips, blockchain hardware and smart cars, etc. in 2019. The Group’s business is expected to further grow in the second half of 2018 as stimulated by blockchain hardware and 5G demands.”

Caution Statement
The information contained in this document has not been independently verified. No representation, warranty or undertaking, express or implied, is made by the Company or any of its affiliates, advisers or representatives as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions presented or contained herein. The information contained in this document should be considered in the context of the circumstances prevailing at the time, is subject to change without notice and the Company makes no undertaking to update the information in this document to reflect any developments that occur after the date of the presentation. It is not the Company’s intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the Company, or its financial or trading position or prospects. Neither of the Company nor any of its affiliates, advisers or representatives accept any responsibility or have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with this document.

This document may contain statements that reflect the Company’s current intent, beliefs and expectations about the future as of the respective dates indicated herein. These forward-looking statements are not guarantees of future performance and are based on a number of assumptions about the Company’s operations and factors beyond the Company’s control and are subject to significant risks and uncertainties, and accordingly, actual results may differ materially from those described in these forward-looking statements. Neither the Company nor any of its affiliates, advisers or representatives has any obligation, nor do they undertake, to update these forward-looking statements for any events or developments including the occurrence of unanticipated events that occur subsequent to such dates.

About Cogobuy Group
Cogobuy Group is headquartered in Shenzhen, with offices and branches across major cities in China, including Hong Kong, Shanghai, Beijing, Wuhan, Chengdu, Nanjing, Hangzhou and Xi’an, as well as overseas branches in the Singapore, Israel and Japan. The Group operates an IC Components Direct Sales Platform,, and and strives to foster the development of an AIoT ecosystem that connects cloud computing and AI core technologies with the Group’s expertise in edge computing, machine learning and deep customization. With the ecosystem, the Group aims to provide AIoT solutions to vertical industries such as smart cars, smart homes, robotics and customized AIoT chips. For further information, please refer to the Company’s website at

For investor and media enquiries
Please contact Ms. Wanyee Ho / Ms. Amy Guo at

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DALLAS, Aug. 28, 2018 /PRNewswire/ — Cien, a leading provider of AI-powered sales productivity solutions, today announced it has been selected as the winner of MarTech Breakthrough’s marquee award: the Innovation Award for CRM Software.

The MarTech Breakthrough Awards is dedicated to recognizing the best MarTech, AdTech and SalesTech products, solutions and companies available on the market today.

MarTech Breakthrough is an independent organization that recognizes the top companies, technologies and products in the global sales and marketing technology industry. The winning selections showcase technologies and companies that have succeeded in pushing ingenuity and exemplify the best in MarTech solutions across the globe.

“Our goal with the MarTech Breakthrough Awards program is to highlight the stand out solutions and companies,” says James Johnson, Managing Director, MarTech Breakthrough.

The program attracted more than 2,000 nominations from over 12 different countries throughout the world. Judges were senior-level professionals that have personally worked within the MarTech space, including journalists, analysts and technology executives.

“We are very pleased to be recognized as an innovator in the CRM software industry,” says Rob Käll, Cien CEO and Co-founder. “Modeling human behavior and how it relates to sales is an ambitious undertaking. We are proud to see our technology and customer results acknowledged by independent journalists, analysts and observers.”

Using AI, Cien’s sales productivity app introduces unique concepts such as a 360 degree view of a company’s sales environment. That includes attributes such as “Lead Quality” and “Rep Quality,” the latter of which is made up of factors that are often hard to quantify such as product knowledge, work ethic and closing ability.

Doug Dzina, Head of Sales, added, “We are excited to utilize AI to improve sales productivity and cleanup challenging CRM data in ways that deliver impactful ROI to our customers.”

About Cien

Cien gives sales teams the power of artificial intelligence to increase the productivity and effectiveness of their sales teams.  Available on the Salesforce AppExchange, Cien’s app takes into account human and behavioral elements to detect problems, predict outcomes and recommend the shortest path to success. For more information about Cien, visit

Media Contact:
Damien Acheson 

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SOURCE Cien, Inc.

PALM BEACH, Florida, August 28, 2018 /PRNewswire/ — News Commentary 

The robotics industry is growing faster than originally anticipated as automated devices have become enormously popular around the globe. In 2014, the BCG projected the industry would produce $67 billion of revenue by 2025, but in 2017, the projection was revised by an additional $20 billion. A lot of the accelerated growth is due to unforeseen demand in the consumer segments, as well as the advancements in artificial intelligence (AI). AI, machine learning, and robotics are all fascinating and serving an integral piece of the greater future of innovative tech as robotics are controlled by inbuilt AI programs. In 2018, the robotics industry is witnessing continued momentum through tech leaders bringing robotic platforms to the everyday marketplace. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), Splunk Inc. (NASDAQ:SPLK), Accenture plc (NYSE:ACN), NVIDIA Corporation (NASDAQ:NVDA), Oracle Corporation (NYSE:ORCL).

Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, a global platform with both mobile and fixed solutions is pleased to announce it has commenced research in the robotics field with the goal of targeting its technology to enable advanced robots.  

The goal of the research is to further develop our technology for the implementation of Gopher’s technology within robots that will enable advanced features especially within GEO location, learning from experience and cognitive operations. Gopher intends to conduct an extensive research in the areas of security, military, autonomous machines, industrial and home robotics.

“We have clearly identified a wide range of robotics applications, which we believe that we can develop innovations for through the research we just commenced” stated Dr. Danny Rittman, Gopher’s Chief Technology Officer. “For example, we believe our GEO tracking technology has the ability to enable the ultimate location/orientation for robots utilized in any application including security or military. We also expect that our research will prove that our Avant! AI engine can enable smart, cognitive operation when utilized in autonomous machines, which we believe would allow robots to be trained, learning from its own experience, applying this experience in future use. Furthermore, we believe that connecting individual robots to our proprietary, private, secured communication protocol (gNET) would allow individual robots to learn from other robots experience as well in what we refer to as a “Knowledge Sharing Vault”. As with anything new, we can expect some time until our research will be fully developed in order that it may be commercialized through the integration into robots, which could take up to ten years. People always ask me if smart robots will eventually replace us and I always answer, No. Robots are made by humans to compliment our lives and to make them better. We have to see robots as our productive assistants and not our competitors.” Read this and more news for GOPH at

Other recent developments in the tech industry include:

Splunk Inc. (NASDAQ:SPLK) has agreed to take over more than 300,000 square feet at the newest office building currently being built at the popular Santana Row mixed-use shopping center in San Jose. The 301,000-square-foot lease at the eight-story 700 Santana Row project was announced Monday morning by the center’s owner, Federal Realty Investment Trust. The deal marks a major expansion of Splunk’s existing footprint at Santana Row, which is significant because the growing software company was the first major office tenant to sign a full-building lease at the development in 2015, when it took over 234,000 square feet next door to its newest building at 500 Santana Row. The newest deal shows the development is able not only to attract tenants, but retain them, too. “Santana Row’s mixed-use live-work-play environment and amenities coupled with its superb Silicon Valley location have become an integral part of Splunk’s culture, providing significant advantages in employee recruitment and retention as well as employee productivity and satisfaction,” Jan Sweetnam, Federal Realty’s senior vice president and West Coast chief operating officer, said Monday in a statement.

Accenture plc (NYSE:ACN) is positioned for a third consecutive time as a Leader in the IDC MarketScape vendor assessment, covering strategic consulting across the life sciences research and development (R&D) industry. The report, “IDC MarketScape: Worldwide Life Science R&D Strategic Consulting 2018 Vendor Assessment” (IDC #US44159218, August 2018), examines the current life sciences R&D strategic consulting landscape, including industry and market trends. It evaluates 16 major vendors against the criteria most important for life sciences companies to consider when selecting a service provider. Accenture also was positioned as a Leader for the third consecutive time in two recent IDC Health Insights Life Science R&D reports: IDC MarketScape: Worldwide Life Science R&D BPO 2018 Vendor Assessment” (IDC #US42144618, June 2018). IDC MarketScape: Worldwide Life Science R&D ITO 2018 Vendor Assessment” (IDC #US44023818, June 2018). Alan Louie, Ph.D., research director for IDC Health Insights Life Sciences practice said: “Accenture’s Life Sciences R&D practice is among the primary service providers in R&D strategic consulting revenue and carries a legacy of strong industry IT services, including a comprehensive portfolio of BPO and ITO capabilities, a broad customer base, and significant success in engaging top-tier and emerging pharmaceutical companies. These capabilities and a strong commitment to growing and expanding the company’s impact on this industry sector, will routinely position Accenture as a formidable competitor in the strategic consulting and the broader R&D IT services market.”

NVIDIA Corporation (NASDAQ:NVDA) – Following the introduction of the first NVIDIA Turing™ architecture-based GeForce RTX™ gaming GPUs, NVIDIA recently announced that a barrage of blockbuster games – led by Battlefield™ V and Shadow of the Tomb Raider – are being developed on the NVIDIA RTX™ platform, enabling real-time ray tracing and all-new AI capabilities in games. NVIDIA RTX has quickly emerged as the industry-standard game development platform for adding real-time ray tracing to games. The Turing architecture’s new RT Cores enable real-time ray tracing of objects and environments with physically accurate shadows, reflections, refractions and global illumination. “The NVIDIA RTX platform and GeForce RTX 20-series GPUs bring real-time ray tracing to games 10 years sooner than anyone could have ever imagined,” said Tony Tamasi, senior vice president of Content and Technology at NVIDIA. “Thanks to the AI and hardware light-ray acceleration built into GeForce RTX GPUs, games using these futuristic features are right around the corner.”

Oracle Corporation (NYSE:ORCL) – Last week, the company unveiled its Innovation Lab, a unique facility designed to accelerate efforts to help project- and asset-intensive organizations explore the latest technologies and drive digital transformation. A simulated project worksite with integrated technologies, the Construction and Engineering Innovation Lab enables visitors to interact with leading-edge solutions, including connected devices, autonomous vehicles, drones, augmented reality, visualization, and artificial intelligence tools. By presenting these hands-on experiences within a simulated connected worksite, the Innovation Lab is able to powerfully bring to life the performance improvements and data insights these technologies can deliver.

DISCLAIMER: (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated twenty three hundred dollars for news coverage of the current press releases issued by Gopher Protocol Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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DALLAS, Aug. 28, 2018 /PRNewswire/ — Lease Analytics, a leading business intelligence and analytics provider for the US oil and gas industry, today announced its partnership with Lone Star Analysis, a Dallas-based specialist in leading-edge predictive and prescriptive analytics solutions.

Lease Analytics - helping oil & gas companies maximize asset value.

Lease Analytics has a passion for innovation and a 15-year track record of applying cutting-edge technology to deliver hard-dollar benefits to its clients. Lease Analytics’ professionals use artificial intelligence and machine learning to recover tens of millions in lost revenue and uncover high-value errors and omissions in asset data.

Lone Star provides data analysis software and services which enables users to make quicker and more effective operational decisions based on enterprise data. This partnership allows Lone Star’s analytics services to enhance Lease Analytics’ surveillance and recovery solutions by predicting future outcomes in real-time and turning that knowledge into action. These insights can be applied across the entire production value chain and provide efficient and accurate predictive and prescriptive recommendations. Lone Star’s solutions enable true cause and effect understanding and are customized to suit individual needs.

Lone Star’s TruNavigator® and AnalyticsOS™ solutions, combined with Lease Analytics’ services and domain expertise, enable game-changing digital transformations for oil and gas clients,” said Tom Agnew, CEO of Lease Analytics.  “This combination broadens our capability to deliver hard-dollar benefits to our clients by optimizing production, oilfield logistics and asset acquisitions.”

“The way we create intelligence is different from other predictive analytics companies,” said Steve Roemerman, CEO of Lone Star Analysis. “Lease Analytics recognizes the power this brings to clients, and we look forward to giving their clients the best insight, coupled with true data transparency.”

About Lease Analytics, LLC

Lease Analytics is based in Dallas, Texas, and applies deep learning technology to solve complex problems in the oil and gas back office, from acquisition to divestiture. Lease Analytics provides Revenue Recovery, Production Recovery and Data Integrity services to oil and gas companies.  The company uses the most advanced data mining techniques to analyze land and accounting records to uncover errors and omissions, while generating significant savings in time and money. 

For more information on Lease Analytics, visit

About Lone Star Analysis

Lone Star Analysis is a Dallas-based predictive and prescriptive analytics specialist enabling customers to make smarter decisions faster by leveraging data and insights to provide foresight and enhance the decision-making of its customers. Lone Star’s TruNavigator® and AnalyticsOS™ software programs provide transparent, auditable and explainable solutions for clients. Additionally, Lone Star applies the right combination of data, people and processes to get results with its 15 years of experience and more than 800 subject matter experts across several industries including aerospace, defense, energy, logistics, manufacturing, and transportation.

For more information on Lone Star, visit

Contact: Tom Agnew, 1-214-736-9055,


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NEW YORK, Aug. 28, 2018 /PRNewswire-PRWeb/ — To help marketers increase shopper engagement, conversions, loyalty, and average order value, Stylitics today announced the expansion of its innovative outfitting and styling technology platform to meet the high-volume content creation needs of large fashion retailers and brands. As the leading outfit recommendation and style advice platform, Stylitics generates thousands of impactful outfit recommendations within minutes, providing a streamlined and affordable solution for creating visually inspiring content while personalizing the shopping experience across all channels.

“Outfitting is a core strategy, not a feature. It’s how you inspire your customers and reinforce what your brand stands for,” said Rohan Deuskar, founder and CEO, Stylitics. “In a world where people shop from the search bar and have shifting brand loyalty, we help retailers scale outfit inspiration and style advice to build stronger relationships with their customers.”    

The platform blends artificial intelligence (AI), custom styling rules, and human stylists to create an automated system that assembles and publishes outfits for hundreds of products within seconds. Using Stylitics alleviates the burden of manual outfit creation that typically involves several teams, expensive vendors and various roles across an organization – relying on studios, merchants, photographers and web teams to generate a mere 20 looks per month.

Parenting content and commerce site, The Tot, uses Stylitics to provide outfit inspiration for chic infant and toddler looks as well as for a ‘Shop the Room’ feature for nursery and children’s decor and design. “Our mission at The Tot is to provide a resource for unbiased information and advice coupled with healthy, safe and innovative products that are curated and tested. Adding a sophisticated styling feature provides a useful way for our customers to discover products and inspire dressing their children from newborns to kids,” said Kathy Kipriotis, CEO, of The Tot. “Stylitics provides us with a visual merchandising solution that helps align our digital presentation with our in-store approach to create a brand experience at the scale we need across multiple categories.”

A vast majority of brands and retailers know that outfit and look-based content drive higher sales and engagement. The Stylitics solution moves beyond manual, outdated, and expensive “complete the look” and lookbook programs by offering a fast and affordable way for brands to create high-performance content that drives upwards of a 10 percent increase in average order value, up to a 15 percent increase in units per transaction and a 10 percent increase in conversion rates.    

The Stylitics platform expansion includes end-to-end managed services:

  •     Artificial Intelligence and sophisticated algorithms build pairings and generate outfit imagery dynamically, based on brand rules around style preferences, collections, and inventory levels.
  •     Human image editors and professional stylists handle all aspects of prepping images and creating on-brand outfits for review.
  •     Millions of data points offer valuable insights and reporting on top outfits, trends, visual merchandising insights, pairing data, customer views and more.

Stylitics currently works with top brands and retailers in fashion, apparel, and accessories including Chico’s, Dia & Co, Rent the Runway, The Tie Bar, Under Armour and White House Black Market.

About Stylitics
Stylitics is the leading visual outfitting and styling solution for retailers and publishers of all sizes. Founded in 2011, Stylitics uses a powerful combination of algorithms, trend data, and stylist expertise to deliver thousands of on-brand outfit recommendations across multiple channels such as e-commerce, email, advertising, stores, and social media to keep customers engaged and increase sales and marketing campaign performance. Stylitics is headquartered in New York City and works with top fashion, apparel, and accessories brands while reaching millions of consumers monthly. For more information, visit

About The Tot
The Tot is a US-based baby and mama content and e-commerce site that carefully curates the best products for busy moms and moms-to-be. The online platform intends to improve the lives of tots, mamas and mamas-to-be by providing a one-stop-shop for unbiased information and advice coupled with healthy, safe and innovative products that have been curated and tested by moms. For more information, visit


SOURCE Stylitics

SAN JOSE, Calif. and NEW YORK, Aug. 28, 2018 /PRNewswire/ — [24], a global leader in intent-driven customer engagement solutions, and KPMG LLP, the U.S. audit, tax and advisory firm, are teaming to help companies enhance the customer service experience and accelerate digital transformation, while reducing their overall cost to serve customers.

[24], a global leader in intent-driven customer experience solutions

The collaboration extends KPMG’s Connected Enterprise ecosystem with customer acquisition and engagement tools from [24] that apply machine learning, artificial intelligence (AI) and big data, creating a personalized and predictive customer experience across multiple customer pathways in a seamless manner.

“Organizations struggle with inconsistent customer experiences resulting from disjointed channels and poor issue resolution,” said Julio Hernandez, KPMG’s Global and U.S. Customer Advisory leader. “With intent-based engagement, they can anticipate and act on customer needs across multiple channels, reducing the time needed to determine the problem and deliver a successful outcome.”

Scott Horn, chief marketing officer of [24], added, “Customer journeys are complex, and consumers interact with companies across a range of channels. As such, companies need advisors who can reduce complexity for the consumer and help make it simple for consumers to do business with them. KPMG’s knowledge in customer experience design, implementation and advisory services extends our reach to a new set of companies, accelerating their consumer-facing digital transformation initiatives.”

The [24] interaction technologies portfolio includes digital marketing and assisted sales capabilities from its Customer Acquisition Cloud, such as personalization, predictive search bidding and predictive chat. [24] also brings self-service and live service capabilities from its Customer Engagement Cloud that include virtual agent, speech, Active Share, live chat and digital chat agents.

KPMG offers the experience of its customer solutions practice and a team of global professionals focused on driving profitable growth through improved customer experience and enhancing marketing, sales and service channels through transformation. Additionally, KPMG helps clients create a customer-centric organization that provides positive returns for the business.

With the combination of KPMG’s experience and platform-based solutions from [24], enterprises can acquire, expand and retain their customer base by reducing costs through self-service, digitizing channels, and growing lifetime value through improved customer satisfaction and loyalty.

For more information, visit

KPMG LLP is the independent U.S. member firm of KPMG International Cooperative (“KPMG International”). KPMG International’s independent member firms have 197,000 professionals working in 154 countries. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities. Learn more at or follow us @KPMGUS_News

About [24]
[24] is redefining the way companies interact with consumers. Using artificial intelligence and machine learning to understand consumer intent, the company’s technology helps companies create a personalized, predictive and effortless customer experience across all channels. The world’s largest and most recognizable brands are using intent-driven engagement from [24] to assist several hundred million visitors annually, through more than 1.5 billion conversations, most of which are automated. The result is an order of magnitude improvement in digital adoption, customer satisfaction, and revenue growth. For more information, visit:

[24]7 and [24] are trademarks of [24], Inc. All other brands, products or service names are or may be trademarks or service marks of their respective owners.


Oindrila Hazra
Manager, PR and Analyst Relations

Kristen Morgan
Corporate Communications


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SAN FRANCISCO, Aug. 28, 2018 /PRNewswire/ — Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, today announced 13 new members have joined to the project. From digital identity management to estate settlement and business services to academia, the newest members represent the broadening interest and investment in blockchain technologies.


“We have a front row view of enterprise blockchain’s transition from a promising technology to a strategic business approach,” said Brian Behlendorf, Executive Director, Hyperledger. “Our growing community reflects the diverse range of businesses that are embracing blockchain to improve how they and, often, their entire industry do business. The increasing adoption and application of Hyperledger, especially to power cross-segment initiatives, industry platforms and interoperability, shows the value of deploying blockchain technologies and solidifies the business case for more and more organizations. We welcome these new organizations and their contributions to the community.”

Hyperledger is a multi-project, multi-stakeholder effort that includes 10 business blockchain and distributed ledger technologies. A full breakdown of these projects are available in the new white paper An Introduction to Hyperledger, a comprehensive overview of why Hyperledger was created, how it is governed, and what it hopes to achieve. The paper covers the basic concepts of blockchain, Hyperledger’s open source approach and design philosophy and a line-up of use cases.

Hyperledger’s goal is to enable organizations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating enterprise-grade, open source distributed ledger frameworks and code bases. The latest general members to join the community are: Bezant, Blinking, ChainNinja, China Securities Credit Investment, Datapace, Estateably, FinFabrik, Intain and SoluTech.

Hyperledger supports an open community that values contributions and participation from various entities. As such, pre-approved non-profits, open source projects and government entities can join Hyperledger at no cost as associate members. Associate members joining this month include AAIS (American Association of Insurance Services), Center for CPS & IoT (CCI) at USC Viterbi School of Engineering, Penn Blockchain Club and Yale University.

New member quotes:


“Bezant is delighted to be part of the Hyperledger community and contribute to its mission,” said Steve Tay, Foundation Representative Director of Bezant. “As we strive to drive business growth and innovation with our blockchain and services platforms, our team looks forward to collaborating with Hyperledger and fellow members to accelerate the development and adoption of blockchain technology in all industries.” 


“We are very much thrilled and proud to join the Hyperledger community,” said Alex Migitko, CEO of Blinking. “Blinking offers a multi-factor authentication ID-management tool that gives users complete control over their data. It is an online platform for creating, managing and confirming digital identities that enables users to truly own their personal private data. For businesses, we created a proprietary KYC tool and GDPR-compliant storage. We rely on Hyperledger and chose Hyperledger Fabric as Blinking core framework because it is a very well designed solution with a great balance between simplicity and features required to build a high-quality business solution. Hyperledger Fabric’s easy integration with other technologies, strong community and sound support truly give us a chance to focus on our expertise – developing a digital identity management system that gives users a true digital representation of their identity based on many personal features including biometrics.”


“We are thrilled to be a part of the Linux Foundation and join the Hyperledger community in shaping the future of Blockchain while accelerating the growth of ChainNinja as a premier Blockchain professional services company,” said Lisa Marks, CEO of ChainNinja. “In collaboration with the members of the Linux Foundation and Hyperledger, we are excited to turn a corner with such a disruptive technology. Teaming with the top technical and business professionals in the world will be key in realizing our goal of deploying and scaling the best decentralized applications.”

China Securities Credit Investment Co., Ltd.

“As a leading credit tech service provider in China, CSCI is dedicated to building an infrastructure to support the full lifecycle of credit-based asset, from asset generation to asset trading and asset management. Because our capabilities are embedded in the entire credit value chain, we’re able to reduce the cost of credit risk management, improve the efficiency of asset circulation, and mitigate the investment risk. All of these cannot be achieved without the support of our proprietary technological application of blockchain, artificial intelligence, and big data. Not only have we already applied these technologies to our business scenarios, but we are empowering our partners with such technical capabilities,” said Mr. Hao Chen, the Chief Data Officer of CSCI (China Securities Credit Investment Co., Ltd.). “CSCI is very pleased to be a member of Hyperledger. We already have a top-tier blockchain team working in this domain. As a member of Hyperleger, CSCI will actively engage in technical collaboration with other members. By working together to mobilize resources, CSCI endeavors to lower the barriers of adopting blockchain technologies in credit service. In addition, CSCI will also contribute our codes and best practices to the Hyperledger community. We expect to collaborate with other members to explore the various applications of blockchain technologies, especially innovative application in the credit-tech service area.”


“With open source and blockchain being synonyms for trust, Hyperledger was the natural choice for developing Datapace, a decentralized data marketplace powered by blockchain technology and the global network of sensors and telemetry-equipped locations,” said George Saleh, Datapace CEO. “Furthermore, the private, permissioned nature of Hyperledger is a perfect match for our enterprise-focused data marketplace mission of providing secure and automated monetization and exchange of data to unlock its enormous value.”


“In most jurisdictions around the globe, the pace of estate settlement – the process whereby the assets of a deceased person are transferred to beneficiaries – is impeded significantly by the lack of trust that exists amongst multiple participants using their own systems of record,” says Ari Brojde, CEO of Estateably. “We believe that distributed ledger technology is the key to bringing Estateably’s mission of facilitating near-instant estate settlement while maintaining compliance with local rules and regulations to life. Given that Hyperledger Fabric is the most advanced open-source platform for enterprise-grade blockchain networks, we feel it is best suited to meet the business requirements of estate settlement participants and drive efficiencies for our target users in both governments and professional firms offering estate administration services. We are delighted to join the Hyperledger family and look forward to working with its community to promote the development of blockchain technology.”


“FinFabrik is fueling the reinvention of finance with the most useful, interoperable and future-proof technology. We are enabling clients’ and partners’ growth with cross-chain capabilities for primary issuance of digital asset-backed securities and easy-to-use secondary multi-assets trading,” said Alex Medana, FinFabrik co-founder and CEO. “Joining Hyperledger is an amazing step in FinFabrik’s journey towards reinventing capital markets. We can’t do it solely on our own and are looking forward to collaborating with all players in the ecosystem to bring value to a larger audience.”


“I don’t know if it was brave or foolhardy, but, in an industry plagued by PoC fatigue even for a complex use case like asset securitization, Intain directly went into a production pilot,” said Siddhartha, founder and CEO of Intain. “This decision meant that we needed to work with the Hyperledger community as we crossed various hurdles over the last four months. Our membership, in a way, formalizes this association. In addition, through our new Blockchain Competence Center, which is focused on Hyperledger Fabric and is 80% women, we hope we can strengthen the Hyperledger community and add to its diversity.”


“The SoluTech team is extremely delighted to be able to work with the growing Hyperledger community to create enterprise blockchain solutions for all businesses, ” said Nathan Pitruzzello, CEO of SoluTech. “The Scroll Network, SoluTech’s premier blockchain solution, is being built to satisfy all data management requisites for businesses worldwide. With the cross integration of Hyperledger solutions, we believe the Scroll Network will be able to service our future clients in any way they need distributed ledger technologies.”

Join industry peers in helping build and shape the ecosystem for blockchain technologies, use cases and applications. More information on joining Hyperledger as a member organization can be found here:

About Hyperledger
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger under the foundation. To learn more, visit:

Jessica Rampen
The Linux Foundation/Hyperledger

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SOURCE Hyperledger

NEW YORK, Aug. 28, 2018 /PRNewswire/ — For decades, the most important right of passage for American teenagers was the purchase of a first car to drive to the mall to hang out with friends. A new analysis of teenage conversation patterns by Engagement Labs shows that teens today—popularly known as Generation Z—present an entirely new challenge to marketers. Enabled by mobile devices, ride sharing, and a penchant for walkable restaurants and retail, teenagers are shunning destination retail and the auto industry for FaceTime, 7-Eleven, and Starbucks. 

Engagement Labs Inc. (PRNewsfoto/Engagement Labs)

Marketers have an inherent fascination with the next big thing, and the next big thing is Generation Z. Generation Z, the next consumer powerhouse is expected to account for 40 percent of all consumers by 2020. In a recent landmark study, Engagement Labs proved that conversations about brands, on average, drive 19 percent of U.S. consumer purchases, representing between $7 and $10 trillion in annual sales. For that reason, Engagement Labs’ analysis includes not only social media, but also what Generation Z is talking about face-to-face, in the real world.

The study “Gen Z: The TotalSocial Generation,” reveals that Gen Z is highly talkative about brands. They have 13.4 conversations about products and services on average each day, one-third more than the 9.9 conversations among people 21 and older. They also talk more about political and cultural topics such as the environment and health eating or nutrition. In a typical day they have 30 percent more conversations than adults about such issues.

“We call Generation Z a TotalSocial generation because they are socializing both online and offline. They have more consumer conversations than older consumers, but it’s not just a digital phenomenon. They are talking more face-to-face about products and services as well,” said Ed Keller, CEO, Engagement Labs. “We are also seeing major shifts from the teenagers of five years ago, indicating that Gen Z is a very different type of generation, with long-term implications for marketers.”

The study identifies broad patterns from changes in the individual brands that teenagers talk about every day, indicating that restaurants and local retail are in, while cars, specialty and department stores are all out with this generation of teenagers.

Gen Z Most Talked About Brands  
iPhone and Apple are the two most talked about brands of Generation Z, making a profound statement about the importance of technology, connectivity, and mobility for teenagers today. Other rising brands on the list include Nike, proving its relevance to yet another generation of youth, and the ever-present Walmart brand. Two of the great competitive brands of our eras—Coca Cola and Pepsi—are down 21 percent and 49 percent, respectively, suggesting Generation Z is moving away from sugary beverage brands that have dominated their category for several generations.

The Gen Z Top 8 Brands

































Chart: Percent of teens talking about brand on an average day, with change
versus 2013. Source: Engagement Labs TotalSocial®

“Gen Z is highly social, online and offline, with greater conversational engagement than adults in most consumer categories,” added Keller. “As important as the trends may be, there are plenty of brands that are succeeding despite them. No matter which category you’re in, the key to connecting with Generation Z is to listen—and learn.” 

Destination Retail Gives Way to Convenience Among Teens 
The biggest declines among teens since 2013 are for Nordstrom, JCPenney, Kohl’s, Macy’s, Kmart, Sears, and TJ Maxx. Some bright spot for teenagers are “neighborhood” convenience and drugstores. 7-Eleven is up by more than 300 percent among Generation Z in terms of the frequency of conversation, while Aldi’s, Walgreens, and CVS are also posing double and triple digit gains. Taken together with the increase in Walmart conversations, the reports’ authors attribute the shift to a preference for “around the corner” retail in place of destination retail.

A Cultural Shift Away from Cars  
Generation Z is turning away from the American love affair with cars, in a trend which may be related, as well, to the declining allure of destination retail. In a world with ride sharing via Uber and Lyft, electric bicycles, and public transit, conversation levels for automobiles have plummeted among teenagers for nearly every mass market brand and many smaller nameplates as well. Teenagers today have many ways to get to the places they want to be, without needing to own a car upon their 16th birthday.

Most Restaurant Brands Gain from TotalSocial Gen Z  
Today, compared to 2013, nearly every restaurant is being talked about more often by Gen Z. Conversation levels among teens have literally tripled—or more—for several restaurant chains: Baskin & Robbins, Del Taco, Domino’s, and California Pizza Kitchen. Despite the rising tide for restaurants among Generation Z overall, several quick services restaurants in like McDonald’s are seeing modest declines, including Burger King, Subway, Taco Bell, and Wendy’s. The report authors see evidence that casual chains that enable “hanging out” with friends are becoming more popular than the in-and-out convenience of “quick service” restaurants.  Gen Z is taking the “fast” out of “food.”

Teen Talk Favors Mobility and Connectivity to Hardware
Among Generation Z, the ascendant brands in tech are the one that travel well in denim pockets—brands like iPhone, iTunes, Facebook, Amazon, and Google. These brands are much more talked about by teens versus five years ago, while less portable hardware brands like Toshiba, Sony, HP, and Lenovo are being talked about far less often by teens.

Traditional Youth Brands No Longer at the “Cool Table”  
A surprising number of youth-oriented brands are being left out of the conversation among Generation Z. The biggest declines are for retail & apparel brands Aeropostale, Hollister, and Abercrombie & Fitch, a large shift away from shopping mall retailers. Many of the declining brands are athletic shoes—Reebok, Converse, Vans, Puma—might lead one to think there is a category effect going on, except for the fact that Nike is rising, and is now one of the most talked about brands among Gen Z.

Brands of Our Grandparents Are Back! 
Brands as diverse as Ace Hardware, Scott Tissue, Breyers Ice Cream, and Post cereals are seeing new life with today’s teens who are talking much more about their brands than five years ago – some of these brands have commitments to environmental sustainability, a topic that Gen Z talks about much more than their elders.

The full white paper, “Gen Z: The TotalSocial Generation” is available for download at

To learn more about Engagement Labs and how to increase your brand’s word of mouth in real life and online, reach out at:

Connect with us on Twitter: @engagementlabs #totalsocial

About The Study 
Engagement Labs’ TotalSocial platform measures online and offline conversations for leading brands. For this report, Generation Z: A TotalSocial Generation, analysts focused on the offline conversations of consumers aged 13 to 20, with comparisons to the same age group in 2013, and to older consumers today. Additional detail available at  

About Engagement Labs  
Engagement Labs (TSXV: EL) (OTCQB: ELBSF) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. The Company’s TotalSocial® platform focuses on the entire social ecosystem by combining powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence, matched with its cutting-edge predictive analytics that use machine learning and artificial intelligence to reveal the social metrics that increase marketing ROI and top line revenue for its diverse group of clients.

To learn more visit /

About TotalSocial®
TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.

For media inquiries please contact:
Vanessa Lontoc
Engagement Labs

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SOURCE Engagement Labs

EVANSTON, Ill., Aug. 28, 2018 /PRNewswire/ — Enterprise Resource Planning (ERP) Systems are crucial for the success of any business; these systems have considerably evolved over the past few decades. Globalization in today’s world has created more challenges for companies, in ways that are yet to be construed. The need for an effective Supply Chain Management (SCM) Solution, especially in the Apparel and Fashion industry, is quite evident.

Katalyst Technologies, a pioneer in ERP and SCM solutions and services, identified areas where improvement was needed and came up with an innovative solution to address the challenges in the industry. Katalyst’s Celero 2.0 is an advanced Warehouse Management Solution (WMS) which provides a platform for effective and efficient warehouse operations such as picking, packing, shipping and cycle counting.

Celero 2.0 is a multi-tenant Warehouse Management extension for Apparel and Fashion ERP. Celero 2.0 comes with many AI capabilities in wave picking and the allocation process. The optimized pick path algorithm (A* algorithm) helps the warehouse staff to effectively and efficiently pick the items for a customer’s order using mobile-enabled routing and picking.

Nixon Xavier, VP of Katalyst’s Innovation Business Unit, is excited about the launch of Celero 2.0 which is packed with many features to enhance customer experience. “Products in Apparel and Fashion industries are multi-dimensional, and most of the warehouse solutions that exist today are not capable of handling Style, Color, Size and other attributes of the products. Celero 2.0 is a plug and play warehouse extension for Apparel and Fashion ERP’s like Apparel Magic,” Nixon explained.  

Katalyst is continuously investing in innovation, and Celero 2.0 is an example of this commitment. Katalyst’s CEO, Rahul Shah elucidates, “Celero is built from our experience in the pharmaceutical warehouse operations for many years. It brings together the latest technologies including Cloud, Big Data, and Artificial Intelligence. Celero 2.0 is the system that has an accent on optimization of warehouses, supports third-party logistics (3 PL) and helps expedite shipments of export/import cargo in international trade.”

Celero 2.0 is ready for warehouses in the apparel, footwear and fashion accessory industry. It monitors the flow of raw materials all the way to the finished product throughout the warehouses, to transform the customer’s warehouse into a competitive advantage. It also helps to increase distribution accuracy and efficient warehouse movement with high security at an affordable price.

About Katalyst Technologies Inc.

Katalyst Technologies is a software technology services and solutions provider based in Evanston, Illinois, USA. Katalyst operates in a wide variety of fields, such as Publishing, Fashion & Retail, Consumer Packaged Goods (CPG), Life Sciences, Wholesale & Distribution, Manufacturing, and Supply Chain Management.

With over 1200 employees around the world, Katalyst has coined its name even in the fields of publishing and e-Commerce by bringing Nova Techset and Panacea Infotech under their wing. Katalyst Technologies also offers a broad range of products and services in Enterprise Resource Planning, Engineering & Manufacturing, Supply Chain & Logistics, Professional Services, Content Management sectors.

Media Contact: Prajakta Gandhi

Tel: +1847.271.0401


Related Images

Celero 2.0
A multi-tenant Warehouse Management extension for the Apparel and Fashion Industry

Katalyst Technologies Inc.

Related Links

Katalyst Technologies

Katalyst’s iDesigniBuy Apparel Design Software


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SOURCE Katalyst Technologies Inc.