Press Releases

Initial Keynote Speakers Announced for The Linux Foundation Open Source Leadership Summit

SAN FRANCISCO, Jan. 18, 2018 /PRNewswire-USNewswire/ — The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced the lineup of keynote speakers for Open Source Leadership Summit, taking place March 6-8 in Sonoma, CA.

The Linux Foundation logo

The Linux Foundation Open Source Leadership Summit is the premier forum where open source leaders convene to drive digital transformation with open source technologies and learn how to collaboratively manage the largest shared technology investment of our time. An intimate, by invitation only event, Open Source Leadership Summit fosters innovation, growth and partnerships among the leading projects and corporations working in open technology development. It is a must-attend for business and technical leaders looking to advance open source strategy, implementation and investment.

Confirmed keynote speakers and panelists for this year’s event include:

  • Deepak Agarwal, VP of Artificial Intelligence, LinkedIn
  • Subbu Allamaraju, VP of Technology, Expedia
  • Dustin Bennett, Software Engineer Sr. Manager, The Home Depot
  • Austen Collins, Founder & CEO, Serverless Inc.
  • Justin Dean, SVP Platform & TechOps, Ticketmaster
  • Ashley Eckard, Sr. Software Engineer, The Home Depot
  • Dr. Mazin Gilbert, Vice President of Advanced Technology, AT&T Labs
  • Chen Goldberg, Google Container Engine and Kubernetes Lead, Google
  • Nidhi Gupta, SVP of Engineering, Hired
  • Patrick Heim, Operating Partner & CISO, ClearSky Security
  • John M. Jack, Board Partner, Andreessen Horowitz & and Advisor to The
    Linux Foundation
  • Edward Kearns, Chief Data Officer, National Oceanic and Atmospheric Administration
  • Marten Mickos, CEO, HackerOne
  • Tarry Singh, Author, AI, ML & Deep Learning Executive, and Deep Learning Mentor at Coursera
  • Aaron Symanski, Chief Technology Officer, Change Healthcare
  • Rachel Thomas, Co-Founder,
  • Jim Zemlin, Executive Director, The Linux Foundation

The full lineup of keynotes and sessions will be announced in early February.

Speaking proposals for summit sessions are still being accepted through this Sunday, January 21. Those wishing to submit a proposal can do so here.

Members of the press who would like to request a press pass to attend should contact Dan Brown at

Additional Resources
YouTube: Why Attend Linux Foundation Events (

Open Source Leadership Summit 2017 Event Recap

About The Linux Foundation
The Linux Foundation is the organization of choice for the world’s top developers and companies to build ecosystems that accelerate open technology development and commercial adoption. Together with the worldwide open source community, it is solving the hardest technology problems by creating the largest shared technology investment in history. Founded in 2000, The Linux Foundation today provides tools, training and events to scale any open source project, which together deliver an economic impact not achievable by any one company. More information can be found at

The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see our trademark usage page:

Linux is a registered trademark of Linus Torvalds.

Media Contact:
Dan Brown
The Linux Foundation

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The CIO as the CEO of Technology in Leading Digital Transformation Will Power the Discussion at HMG Strategy’s Upcoming CIO Leadership Event in Charlotte

CHARLOTTE, N.C., Jan. 18, 2018 /PRNewswire/ — As companies move forward on digital transformation to optimize business processes and offer distinctive services and customer experiences, CIOs and technology executives are in a terrific position to identify where the greatest opportunities for success can be attained. But in order to succeed, CIOs must act as the CEOs of technology and demonstrate the courageous leadership that’s needed in working with the C-suite and the board of directors to drive successful, transformational change. These will be the dominant themes discussed at the upcoming 2018 Charlotte CIO Executive Leadership Summit, produced by HMG Strategy, to be held on February 13, 2018 at The Ritz-Carlton Charlotte in Charlotte, N.C.

HMG Strategy's 2018 Charlotte CIO Executive Leadership Summit

“To help navigate the company into the future, the CIO needs to think like a CEO and display fearless leadership,” said Hunter Muller, HMG Strategy’s President & CEO. “This includes identifying and articulating in business terms how emerging technologies such as artificial intelligence, machine learning, blockchain and edge computing can be used to create new business models and distinctive services for customers.”

The Charlotte CIO Executive Leadership Summit will kick-off with a thought-provoking executive panel featuring Shoukat Ali Bhamani, Vice President, CIO & CDO, Schaeffler Group Americas; Marc Hamer, Corporate VP, Digital and Global CIO, Sealed Air Corporation; and Angela Yochem, EVP Chief Digital and Technology Officer, Novant Health, who will explore what it takes to lead, reimagine and reinvent the enterprise along with their roles in leading digital transformation strategies and opportunities for working with fellow members of the C-suite to ensure successful execution.

Other outstanding sessions will include an executive panel that will explore how to find technology entrepreneurs and unleash their passion in your organization; a panel of leading search executives who will examine the top attributes that enable effective technology executives to succeed; an executive panel that will share valuable approaches for providing distinctive customer experience that can differentiate the brand; a panel of technology executives that will explore emerging technologies that are driving speed to market and opportunities to obtain a competitive edge; and an executive panel who will share their experiences as to how courageous leadership can create value and generate new waves of business growth in the modern enterprise.

Prominent speakers at the summit will include:

  • Bryce Austin, CISM, Strategist & CEO, TCE Strategy
  • Michael Del Priore, CIO, Diversey
  • Drew Lockhart, CIO, Ally Bank Consumer and Commercial Products
  • Ted Mueller, CIO & VP of Operations, Bissell Companies
  • Vijith Nair, SVP, Global Regulatory Reporting – Transaction Review Program Leader, Bank of America
  • Joe Topinka, CIO, SnapAV

Gold Partners for the Charlotte Summit include Accrue Partners, Duo, and Nutanix. The Digital Cybersecurity Partner of the Year includes SecurityScorecard. Strategic Partners include Egon Zehnder, Heidrick & Struggles, Korn Ferry, Russell Reynolds Associates, and Spencer Stuart. Alliance Partners include Amplify Partners, Glynn Capital, Greylock Partners, Lightspeed Venture Partners, and Sequoia. Association Partners include the SIM Charlotte Region, the Charlotte Area Technology Collaborative (CATC), the North Carolina Technology Association (NCTA).

To visit the Charlotte summit website and register for the event, click here

About HMG Strategy

HMG Strategy is the world’s largest independent and most trusted provider of executive networking events and thought leadership to support the 360-degree needs of technology leaders. Our regional CIO and CISO Executive Leadership Series, newsletters, authored books, and online Resource Center deliver proprietary research on leadership, innovation, transformation, and career ascent.

The HMG Strategy global network consists of over 300,000 senior IT executives, industry experts and world-class thought leaders. HMG Strategy’s exclusive CIO and CISO Executive Leadership Alliance (CELA) program provides top-tier technology executives with unparalleled peer-to-peer off-the-record straight talk to strengthen their decision-making capabilities and accelerate their career ascent. The CELA program is complemented by the CELA Executive Decision Support services (EDS) which connects enterprise technology executives with their contemporaries who are able to offer their expertise, practical experience, and insights in disciplines ranging from effective C-suite communication strategies to crafting successful 1-3-5-year technology roadmaps.

Additionally, our partnerships with the world’s leading search firms provide vital insights into the evolving roles of the CIO and CISO.

The HMG Strategy CIO Executive Leadership Series offers a completely unique experience for IT executives to gain the latest insights and best practices for driving increased business value through the use of IT, and build invaluable relationships with peers and industry experts. The HMG Strategy CISO Executive Leadership Series is designed to provide information security leaders with the insights and best practices they need to tackle the most pressing cyber security challenges facing the enterprise today and going forward.

For more information on joining the strongest executive leadership network and exploring our independent, forward-thinking thought leadership platform, please visit

HMG Strategy (PRNewsfoto/HMG Strategy)

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Goodyear Pilots Advanced Tire Maintenance Program for On-Demand Mobility Services

AKRON, Ohio, Jan. 18, 2018 /PRNewswire/ — With on-demand car sharing and ride hailing services on the rise, The Goodyear Tire & Rubber Company (NASDAQ: GT) is introducing its fleet services business model to shared mobility providers to improve urban fleet operations.

The Goodyear Tire & Rubber Company, Akron, Ohio, USA. (PRNewsFoto/Goodyear Tire & Rubber Company)

Goodyear announced it is launching an advanced tire maintenance pilot program with STRATIM, a San Francisco-based startup whose technology platform tracks, monitors and oversees fleet maintenance for tens of thousands of vehicles operated by more than 50 mobility services in more than 25 markets across North America.

“As shared mobility continues to grow in popularity, we are seeing applications where miles driven per vehicle increase from 15,000 per year to as much 5,000 per month,” said Chris Helsel, Goodyear’s chief technology officer. “Those increased miles mean increased demand for tire maintenance and repair, especially when you consider customer expectations for comfort and safety from a mobility service.”

The new program will leverage Goodyear’s proprietary, artificial intelligence technology to help STRATIM’s clients predict when their tires need service or replacement to improve overall tire management and maximize uptime across the fleet.

“Vehicle maintenance and uptime are critical metrics for all mobility services,” said Sean Behr, CEO, STRATIM. “Companies that can efficiently take care of their cars, minimize costs and be hyper-efficient will be the companies that win in the long run. Goodyear’s tire maintenance solutions are game changers for the industry.”

Goodyear sees mobile fleet solutions for passenger vehicles as an emerging market, allowing it to continue serving its traditional customers through the nation’s largest network of tire and service locations while also looking to the fast pace of what’s next in mobility.

“Our predictive analytics and fleet solutions are great innovations for new mobility providers,” said Helsel. “As these services develop, and as shared mobility and autonomous vehicles get more trial and adoption, Goodyear will continue to innovate with the industry.”

About Goodyear

Goodyear is one of the world’s largest tire companies. It employs about 64,000 people and manufactures its products in 48 facilities in 22 countries around the world. Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to


STRATIM is the intelligent mobility and fleet infrastructure company that provides a unified platform to power the future of transportation. STRATIM Platform makes the management and maintenance of fleets simple, intuitive, and frictionless. Trusted by 50+ automobile companies including Ford and GM, STRATIM modernizes operations, unifies systems, optimizes logistics to enable transportation companies to deliver better, more modern mobility experiences. Founded in 2016, STRATIM is headquartered in San Francisco and is led by a team of technology innovators from companies like Google, eBay, Trulia, and more. Investors include Bessemer Ventures, BMW iVentures, Norwest Venture Partners and Trinity Ventures. To learn more, please visit

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Daneel, a Smart Assistant for Cryptocurrency Investors, Officially Launches

LEECHBURG, Pennsylvania, January 18, 2018 /PRNewswire/ —

Daneel Assistant Company, a technology-based startup that focuses on developing Artificial Intelligence (AI) for cryptocurrency investors, announced a prototype of their smart assistant, Daneel will soon be released.  

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As intelligent personal assistant modeled after Watson, the most powerful AI in the fields of natural language and emotional analysis today, Daneel will assist non-professional audiences, including beginners, intermediate users, and experienced persons in the cryptocurrency sector.

“We’re bringing data intelligence into the crypto jungle, which everyone can agree, is incredibly confusing,” said Joseph Bedminster, CEO of Daneel Assistant Company. “The cryptocurrency market is growing at an exponential pace, reaching a capitalization value of $640 billion just last month. For everyone wanting to keep up with the growth, we’ve created a smart assistant that will make it much easier.”

Daneel addresses the flood of oriented and unreliable information swirling around cryptocurrency investments today. The platform can assist beginners by explaining the basics through educational materials; intermediates by improving knowledge, providing simple KPIs, and synthesizing accurate news on the currencies owned; and experts with straight-to-the-point UX support, quantitative dashboards, trending news and warm signals, and synthesized positions.

In total, Daneel provides real-time marketing analysis, quantification, and improvement of reliability of financial information thanks to Watson. Additionally, the smart assistant analyzes the emotions of the market using its “Social Emotion Indicator.” All of this can be accessed from the one, consolidated Daneel mobile application.

“Since cryptocurrency is still wholly misunderstood, yet media personnel know it’s a hot topic, we’re seeing an enormous amount of factually inaccurate articles swirling around the Internet right now,” said Bedminster. “Our goal is to deliver strong and reliable cryptocurrency and blockchain market information by democratizing the access to AI. Spread the word on the official release of our Daneel app.”

Daneel will be based on its own cryptocurrency: the DAN token. A maximum of 100 million DAN tokens will be produced. All unsold tokens will be burned after the Initial Coin Offering in order to preserve its value.

The ICO will officially take place on January 29, 2018.

For more information, visit:

Author: Lee Michaels


Exiger Names Former FBI International Corruption Squad Head George ‘Ren’ McEachern Managing Director in Global Investigations Group

NEW YORK and LONDON, Jan. 18, 2018 /PRNewswire/ — Exiger, the global regulatory, financial crime, risk and compliance company, announced the appointment of George “Ren” McEachern as Managing Director in the company’s Global Investigations Group. A decorated investigator widely recognized as one of the world’s leading anti-bribery authorities, Mr. McEachern is based in Exiger’s Washington, D.C. Metro office.


Mr. McEachern will focus primarily on leading anti-bribery investigations and assisting multinational corporations and financial institutions with regulatory risk management. He joined Exiger from the FBI, where he was a Supervisory Special Agent heading the Washington Field Office International Corruption Squad with a focus on Foreign Corrupt Practices Act (FCPA), international money laundering, kleptocracy and antitrust investigations. Mr. McEachern was one of the architects of the FBI’s new global strategy on international corruption, which began in 2015, and included the creation of specialized FBI teams located in New York, Washington, DC, and Los Angeles.

“Ren has been at the epicenter of some of the largest and most complex global FCPA investigations in recent memory, giving him a deep, practical understanding of the lens through which the DOJ and the SEC view bribery and corruption issues and compliance programs,” said Richard Plansky, Exiger Americas Regional Leader and Global Head of Investigations. “This unique perspective will be invaluable to our clients, providing them with the expert insight and cutting-edge technology they need to investigate critical anti-bribery issues and develop the sustainable anti-bribery and corruption compliance programs that are critical to navigating today’s uncertain regulatory environment.”

Throughout his 12-year career with the FBI, Mr. McEachern has worked closely with the banking industry, leveraging suspicious activity reports (SARs) and internal bank investigations to follow complex money movements throughout the global financial system. He has managed international corruption investigations in the Americas, Asia, Europe, Africa, and the Middle East, bringing together law enforcement, compliance professionals, and global financial authorities in a united front to identify and stop sources of corruption.

“Effective compliance is proactive compliance. Exiger understands this and distinguishes itself by pairing proven domain experts with breakthrough artificial intelligence technologies that allow companies to get out in front of potential problems before they can proliferate,” said Mr. McEachern. “Exiger is leading the development of real-world investigative solutions that encompass the latest technologies and analytics to address both compliance and business growth imperatives.”

Mr. McEachern will leverage this unique experience to provide strategic, technology-enabled investigative and compliance solutions to help Exiger clients manage bribery- and corruption-related risk.

About Exiger
Exiger is a global regulatory and financial crime, risk and compliance company. Exiger arms financial institutions, multinational corporations and governmental agencies with the practical advice and technology solutions they need to prevent compliance breaches, respond to risk, remediate major issues and monitor ongoing business activities. Exiger works with clients worldwide to assist them in effectively managing their critical challenges while developing and implementing the policies, procedures and programs needed to create a sustainable compliance environment. A global authority on regulatory compliance, the company also oversees some of the world’s most complex court-appointed and voluntary monitorships in the private and public sectors, including the monitorship of HSBC. Exiger has four principal business units being: Exiger Advisory; Exiger Diligence; Exiger Government Services; and Exiger Tech, including AI-based automated due diligence solutions DDIQ and Insight 3PM. Exiger operates through offices in New York City, Silver Spring (DC Metro), Miami, Toronto, Vancouver, London, Hong Kong, and Singapore.


John Roderick 

James Rossiter 
44 0203 195 3240

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Manzama Unveils AI-Powered Business Development Tool

BEND, Ore., Jan. 18, 2018 /PRNewswire/ — Manzama, a global leader in market intelligence and current awareness for professional services firms, today announced the introduction of its latest product, Manzama Signals®, a software solution specifically designed to enable professional services firms to make better informed, data-driven business development decisions.

Manzama Signals leverages the latest techniques in artificial intelligence and deep machine learning to enable users to obtain meaningful and actionable insights highlighting critical factors impacting corporate health. Building on the success of the Manzama flagship platform, Manzama Signals will enable its users to develop a more relevant and complete picture of what’s happening with a company. Once news content about a company enters the Manzama system, Signals will analyze and classify it, natural language processing will automatically identify its valence – either negative or positive – in one of six operational (finance, partners, management, etc.) categories, and will return relevant, actionable knowledge, ready to be shared to users.

Manzama Signals helps bypass the need to read numerous news stories to be able to see patterns, draw important conclusions and find opportunities, resulting in more robust, data-driven business development planning.

“Many of our clients have expressed the need to shorten the business generation cycle, and while current awareness is critical to this process, the constant, un-ending volume of news presents a challenge to professionals and business developers alike.  With Manzama Signals, we are able to offer a short-cut to action, and to help them read less and understand more about the events and trends that drive their clients’ and prospects’ businesses,” said Peter Ozolin, CEO and co-founder of Manzama.

“Having a comprehensive understanding of both our clients’ and prospects’ businesses, and being able to quickly pinpoint key areas where the firm can deliver value to them, is mission critical and helps set us apart from the competition,” observed Jennifer Reynolds Larivee, Director of Marketing at global law firm Akin Gump Strauss Hauer & Feld LLP.  “When we saw Manzama Signals, we immediately recognized its potential to help us augment the way we use data to accelerate the business development cycle. By focusing on the key indicators of company health, we have been able to find opportunities that used to take more time and resources to identify and act upon.”

Since 2010, Manzama has been the leading provider of current awareness and market intelligence to legal and professional service organizations around the globe. With intuitive search and sharing tools and user-friendly implementation, it makes the process of finding and sharing competitive business insights easy. Manzama’s proprietary platform uses sophisticated search algorithms to scour the web for relevant content, including social media, based on each user’s personalized preferences, then delivers highly customized news and information to the user via email alert, mobile app and his or her own dashboard. Visit:

Contact: Allison Nussbaum / Email: / Phone: 541-306-3271


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Zendrive Reveals the Most Dangerous and Safest Commutes in Bay Area, Deadliest Driving Times During Non-Peak Hours, Analysis Shows

SAN FRANCISCO, Jan. 18, 2018 /PRNewswire/ — Zendrive, the world’s largest and fastest-growing mobile driver analytics platform, today announced the results of its Bay Area Commute Safety Snapshot, which measured phone use and aggressive driving across the San Francisco Bay Area. Based on nearly 22 million driving miles analyzed, the Snapshot found that driving during the lunch hour is more dangerous than either the morning or evening rush hour periods, and that the Golden Gate Bridge is the safest among the Bay Area’s five major bridges.

The first in an upcoming series of Zendrive Snapshots measuring driving behavior in regions around the country, the Bay Area Snapshot measured 1,250,000 trips by 100,000 drivers in November 2017. The Snapshot focused on 62 routes going to and from San Francisco, including I-280, which it determined was more dangerous than U.S. 101.

“Commuters use their smartphones all day, and on the road, doing what they believe makes them more efficient multi-taskers,” said Jonathan Matus, CEO of Zendrive. “But that has resulted in some of the riskiest driving behavior. Crashes and car-related fatalities are at an all-time high, in large part because of distracted driving. Our safety snapshot finds that using your phone while driving can have hazardous results. We hope to shed light on how widespread risky driving has become, and to help break hard-working commuters of these driving habits.”

Among the study’s other key findings:

  • For morning commutes (6 a.m. to 11 a.m.), the Golden Gate bridge is the safest bridge; the San Mateo Bridge overall is the most dangerous.
  • Lunch-hour driving (11 a.m.-2 p.m.) is riskier than rush hour driving for either the morning or evening commute. More than 50 percent of the routes are riskier during lunch hour.

“Smartphone technology is enabling so much growth, but distracted driving is a serious problem,” says First Round Capital Partner Bill Trenchard. “I see drivers looking down at their phones all the time during my weekly commute. That’s why I’m so excited about Zendrive and the data they’ve collected, which will help modify this behavior and make our streets safer for everyone.”

Zendrive’s distracted driver behavior study released in April 2017 found that Americans use their phones 88 percent of the time they get behind the wheel. From 2015 to 2016, there was a 14 percent rise in traffic deaths – the biggest increase in 50 years – with distracted driving being a major contributor, according to experts.

Zendrive uses the sensors in smartphones to measure and analyze driver behavior in real-time. With more than 50 billion miles analyzed (and counting), Zendrive’s ability to predict collisions is up to six times more accurate than the auto insurance industry’s leaders, according to leading actuarial firm Milliman.

For this study, Zendrive aggregated and anonymized 100,000 individual Bay Area drivers, commuting to and from San Francisco, throughout the day during the month of November 2017. The study was based on the following driving behaviors: phone use (handheld, hands-free; texting/emailing; and physically engaging with a phone while the vehicle is moving), rapid acceleration, speeding, and hard braking.

To view how each major Bay Area highway and commute route ranked according to driving behavior, Zendrive has created this easy-to-embed interactive map at

Other findings revealed by Zendrive:

  • Bay Area bridge with the riskiest commute: San Mateo Bridge
  • Worst commute time: 11 a.m.-2 p.m.
  • Best commute time: 6-7 a.m.
  • Worst route: I-280, all directions (with nearly 3x as much speeding as U.S. 101)
  • Best route: Oakland to San Francisco, I-580W (U.S. 101 is safest overall, with four of the five safest routes)

About Zendrive
Founded in 2013, Zendrive is the world’s largest and fastest-growing mobile Driver Analytics platform. By using artificial intelligence to analyze more than 50 billion miles of driving behavior data, Zendrive offers powerful insights to deliver unparalleled visibility into safety and risk exposure for insurers, fleets, everyday drivers, and even city planners. The company is headquartered in San Francisco and is venture funded by a group of investors led by Sherpa Capital, First Round Capital, BMW i Ventures, NYCA Partners and Fontinalis. For more information about Zendrive, visit, and follow @zendrive on Twitter.

For more information, please contact:
Mark de la Viña
Consort Partners for Zendrive


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Say Hello to Amy, the World’s First AI-Powered Real Estate Agent Robot From

LONDON, Jan. 17, 2018 /PRNewswire/ — Taking the lead in reimagining the way people property hunt through online portals, has done it again with its first AI SuperAgent.

She’s just as adept at doing everything you expect of a SuperAgent at, but more. Introducing the world’s first AI-powered real estate agent—Amy.

While Amy may be among the first of her kind, testers report that it is hard to tell the difference between the AI robot and a regular human agent. Amy is designed for friendliness, speed, and reliability, and she can even outperform some of’s other star agents. Amy exemplifies the new and innovative technologies coming out of Real World Tech Ltd (’s parent company).

“Amy is just another brilliant example of the future that comes from integrating intelligent AI technology within the real estate marketspace. Amy is smart, fast and reliable without missing out on those key human features customers come to expect in friendly & dedicated customer service.”  — Sam Singh, Founder & Chief Executive at

Amy will soon be a familiar voice to property searchers. So far, she is bringing in positive results. As the sole digital SuperAgent, Amy is made with a fail-proof memory, superior artificial intelligence and demonstrates a perfect track record of callbacks. Amy has direct access to’s property database and search algorithms. Just like’s other 24/7 virtual agents, Amy responds to customer enquiries in under five minutes and connects property searchers to relevant local agents quickly.

If you’re using to buy, sell or rent property, don’t be surprised to hear Amy’s voice on the other end of the line. Her contribution is just another valuable component of’s exceptional team of virtual property agents.

About Sam Singh

Sam Singh is the Founder & Chief Executive of the UK-based Real World Tech Ltd. and This company is just the latest in successful business operations under the leadership and direction of Sam. His 22 years of international experience spans across various industries and markets. Past enterprises include, Milestone Hospitality Ltd, and India World Tech.

Now with Real World Tech Ltd &, he is operating an incredibly new data/AI-driven, cloud-based, and global digital real estate platform with operations in London, New York, and Dubai.

Real World Technologies  Ltd.

P: +44.7523003000



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Social Energy Partners and Zoetic Energy Announce Channel Partnership Agreement

NEW YORK, Jan. 18, 2018 /PRNewswire/ — Social Energy Partners (SEP) today announced the launch of a formal partnership with Zoetic Energy to promote and deliver SEP’s Intelligent Building Technology as-a-Service (IBTaaS) platform solutions to Zoetic’s target markets. Simultaneously, Founder and Chairman of Zoetic, Jerome Ringo, has joined SEP’s Global Sustainability Advisory Board to assist SEP in expanding its global outreach.

According to the “2016 Global Status Report” by Global Alliance for Buildings and Construction (GABC), the global building sector is responsible for over 30% of total energy consumption in 2014. Due to the confluence of software, electronics, connectivity and cloud technologies that follow exponential growth curves, there are now a fast growing list of intelligent building technologies (IBTs), such as LED lighting, dynamic lighting and HVAC controls, building artificial intelligence, and building automation, etc., that are able to deliver impactful efficiency gains to buildings. SEP’s IBTaaS, by integrating proven IBTs, local installation and maintenance services and green project funding, offers government, business and nonprofit organzations a turnkey solution package to deliver timely and significant building performance improvement from the perspectives of people, planet and profit, all without capital investments from the end users. The partnership aims to leverage SEP’s IBTaaS platform to modernize and transform building energy as well as operating performances for Zoetic’s clients and contacts throughout the Americas and Africa.

“We are excited and honored to partner with Zoetic and to have Jerome join SEP as our inaugural Global Sustainability Advisor to advance our market development in the Americas and across Africa,” said James Tu, Founder & CEO of Social Energy Partners LLC. “Zoetic and its partners have developed innovate solutions in hydrokinetics and rural electrification, with a focus on delivering immediate impacts, particularly in the developing countries. And Jerome has been an inspirational and respected global leader in environmental sustainability for over 25 years. We very much look forward to working with Zoetic and Jerome to elevate the awareness of building energy efficiency and expedite the adoption of IBTs worldwide.”

“We see tremendous synergy between Zoetic and SEP in helping our clients realize economic and environmental benefits from both renewable energy generation as well as energy efficiency technologies,” said Avery Hong, CEO of Zoetic. “Social Energy Partners has created an exciting platform that synthesizes cleantech and fintech innovations to enable governments and organizations to drastically and quickly adopt cutting edge building intelligence and energy technologies without upfront capital needs. We plan to aggressively market SEP’s IBTaaS platform solutions through our political and business networks.”

“In the backdrop of a looming, unprecedented humanitarian challenge today and in the years and decades to come as climate change continues to accelerate, energy efficiency has been a conspicuously underappreciated and underinvested cause that requires an immediate and major global push to unlock its vast potential,” said Jerome Ringo, Founder & Chairman of Zoetic. “I am extremely impressed with SEP’s pioneering IBTaaS platform that addresses such an urgent need. I very much look forward to working with the SEP team to best leverage the resources and expertise from Zoetic and myself to generate meaningful contribution to the world’s fight for sustainability.”

About Social Energy Partners ( SEP is a turnkey intelligent building technology (IBT) solutions company that develops and funds 100% of the capital cost of building upgrade and energy efficiency retrofit projects. Through our pioneering, “off-balance-sheet” IBT-as-a-Service platform (IBTaaS), we facilitate and expedite the deployment of cutting edge and proven building intelligence and energy efficiency technologies such as LED lighting, advanced lighting and HVAC controls, building energy management systems, building artificial intelligence, building automation and integrated security systems. These technologies, paid by ongoing shared energy and operational savings, help our clients significantly reduce energy spending and carbon footprint while improving operational efficiency and human comfort. SEP IBTaaS now services over 150 buildings in the U.S. and Puerto Rico.

About Zoetic

Zoetic is a renewable energy project developer. Working in conjunction with its technology partners it has developed a compelling portfolio of renewable energy solutions. Zoetic is focused on the deployment of modular hydrokinetic turbines at existing hydro dams. This allows for additional generation capacity to come on line without the negative impacts from traditional dam construction – population displacement and environmental damage. Zoetic is developing projects in Africa, Central America, Asia and Europe. Zoetic is also promoting rural electrification solutions throughout the developing world through its partnership with a leader in rooftop solar and rural electrification.

About Jerome Ringo

Jerome Ringo is the Founder and Chairman of Zoetic Energy, a leading edge renewable energy developer. Having met with country leaders and ministers throughout Africa, Asia and Latin America to promote Zoetic’s hydrokinetic technology for clean power generation, he has been driving Zoetic’s expansion into these markets.

Mr. Ringo is an internationally recognized thought leader on global environmental issues and has led two major sustainability organizations, the 6 million member National Wildlife Federation and the Apollo Alliance, which grew to become the largest coalition on green jobs in the world with 19 million members during his tenure. Mr. Ringo was also appointed in October 2017 as the Goodwill Ambassador for the Pan-African Parliament on Trade and Investments, focusing on assessing for and bringing advanced technology solutions to Africa.

Mr. Ringo was featured in Vice President Al Gore’s Academy Award-winning Documentary, An Inconvenient Truth and has co-authored two books: Diversity and the Future of the U.S. Environmental Movement (published 2007) and The Green Festival Reader (published 2008).

For more information, contact:
William F. Butler
Social Energy Partners 
(844) SEP-IBTS (737-4287)

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Hellas Direct Announces EUR 7m in Funding Led by IFC

ATHENS, Greece, January 18, 2018 /PRNewswire/ —

Hellas Direct, a next-generation insurance company has announced the signing of a EUR 7m Series B funding round led by IFC, a member of the World Bank Group.

In backing Hellas Direct, IFC joins a roster of all-star investors, which include Third Point LLC, Endeavor Catalyst, former Goldman Sachs economist Lord O’Neill and private equity veteran Jon Moulton. Portag3 Ventures also participated in an oversubscribed round, bringing Hellas Direct’s total equity raised to EUR 23.8m.

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“We are delighted to welcome IFC in our group of shareholders at Hellas Direct, as we prepare to replicate our business model across borders and to further foster financial inclusion,” said Emilios Markou.

“We are excited to be teaming up with some of the world’s leading investors, as we look to fortify our position in a fast-consolidating market, to accelerate our organic growth and to selectively look at strategic acquisitions in the broader region,” added Alexis Pantazis.

Modelling itself after Amazon, Hellas Direct aims to revolutionize the insurance value chain by adopting an extreme focus on operational excellence. Hellas Direct is a digital-first, full-stack insurance company, empowered by cutting-edge technology and artificial intelligence.

“We are happy to be partners in Hellas Direct and help increase availability of insurance products, reduce prices to consumers and, in the process, increase insurance penetration in the country,” said Andi Dervishi, IFC’s Fintech Global Head.

“With its market leading technology, Hellas Direct is uniquely placed to offer consumers a better and more accessible insurance offering. We look forward to working with the team and to leveraging our global network to help Hellas Direct scale, both in Greece and abroad,” added Adam Felesky, President of Portag3.

Hellas Direct joins a number of other insurtech start-ups, such as Lemonade, Metromile and Zhong Ahn, which use technology to shake up a laggard insurance industry. Insurtech has been one of the hottest areas of venture capital investing over the past couple of years, with Sequoia, Google Ventures and General Catalyst playing a particularly active role.

About IFC 
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. For more information, visit

About Portag3 Ventures 
Portag3 Ventures is an early-stage investor dedicated to backing innovating financial services companies working to benefit all consumers. For more information, visit

SOURCE Hellas Direct