Category: Business

Enabling buy now pay later for cannabis retail

TORONTO – December 12, 2022 …

Airspace monitoring innovator designed drone defense system to detect all unmanned aircraft, whether they follow or evade remote identification requirement.

Concept: Drone not broadcasting Remote ID identified by Airspace Monitoring Service (AMS), Remote ID broadcast verified by AMS.

SYRACUSE, N.Y. – December 12, 2022 – (Newswire.com)

Federal Aviation Administration regulations will begin to require all unmanned aircraft to transmit identification and location information. Hidden Level’s Airspace Monitoring Service (AMS) technology is uniquely positioned to track, monitor, and validate drones whether or not they comply with the new FAA rules. 

The regulations are in response to the explosive growth of unmanned aircraft systems, or drones, since 2013. The FAA reported over 865,000 registered drones in May 2022 and estimates that number will grow to 1.4 million by 2024. 

To prevent collisions with passenger airplanes and other aircraft, the FAA is mandating all drones operating in U.S. airspace have Remote Identification (RID) capability. Remote ID provides agencies like the FAA, law enforcement, and other federal agencies a greater situational awareness to be able to identify when a drone appears to be flying in an unsafe manner or where it is not allowed to fly. Remote ID also lays the foundation of the safety and security groundwork needed for more complex drone operations. The regulations require all drones made or sold in the United States after December 2022 to support RID, and that all drone pilots (including those who fly for fun, business, or public safety) must register and operate their drone in accordance with the final rule on remote ID, beginning Sept. 16, 2023.

Hidden Level’s drone monitoring technology was designed to keep up with the rapid technological advancements to drones such as Remote Identification. In 2019, the company released a white paper identifying potential gaps in RID and published a technology blog identifying additional factors that should be addressed with a comprehensive RID solution.

“When it comes to integrating the FAA’s broadcast Remote Identification in drone tracking systems, Hidden Level is way ahead of the game,” said Jeff Cole, CEO and co-founder of Hidden Level. “Our AMS not only receives RID signaling in its coverage area but also verifies it, addressing two significant gaps in the RID system.”

Those gaps appear when a drone intentionally or unintentionally fails to broadcast RID information, or if it intentionally or unintentionally broadcasts false RID information.

Hidden Level’s AMS technology uses a local network of passive RF sensors installed on buildings, rooftops and cell towers, which detects the movements of drone aircraft in the area. That allows it to track drones even without a RID broadcast, resolving the first gap.

The Hidden Level AMS also checks and validates RID signals by correlating fine angle estimates from its sensors on the received RID broadcast messages with the drone position information included in the messages. 

“That allows Hidden Level’s AMS to detect any drones failing to broadcast RID data or transmitting false information, and report it almost instantaneously,” Cole said. “That capability is essential to any organization, whether it’s a city, a stadium or a company facility, that is trying to ensure safety and security.” 

The Hidden Level AMS is a cloud-based scalable solution that utilizes a local network of passive RF drone detection sensors, much like a cellular network, that is owned, operated, and maintained by Hidden Level. The sensors, installed on buildings, rooftops and cell towers, provide real-time location data on drone aircraft. Clients receive streaming AMS data that integrates into a variety of common security platforms. 

To learn more about Hidden Level and its readiness for the FAA-mandated RID system, visit hiddenlevel.com.

ABOUT HIDDEN LEVEL
Founded in 2018, Hidden Level is led by a team of skilled sensor experts with more than a decade of experience building innovative sensor solutions for both military and commercial customers. Hidden Level’s airspace monitoring service delivers the only industry solution that provides secure, accurate low-altitude airspace monitoring at scale. By eliminating the burden of owning, operating and maintaining expensive and rapidly changing sensor technology equipment, Hidden Level provides its customers only what is necessary—real-time, actionable data at a fraction of the cost.

Contact Information:

Maria Penaloza

[email protected]

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Concept: Drone not broadcasting Remote ID identified by Airspace Monitoring Service (AMS), Remote ID broadcast verified by AMS.

Example: Drone not broadcasting RID (blue line) identified by Airspace Monitoring Service (AMS)

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Hidden Level’s Drone Tracking System Ready-Made for New FAA Rules

SESTO FIORENTINO, Italy – December 10, 2022 – (Newswire.com)

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SimplyRFiD’s JT jewelry loop tag has been the standard for two years. The new JT-S loop jewelry RAIN RFID tag is 50% lower in price and 20% better performance using the latest NXP uCode9 chips. The JT-S is available for pre-order at 15c each for 1,000 pre-programmed (vs. 40c for the JT).

JT Jewelry RFID Tag for Inventory
Jewelry RFID Loop Tag for Inventory

DALLAS – December 9, 2022 – (Newswire.com)

“We have been working on driving down the reasons not to use RFID,” says Carl Brown, President of SimplyRFiD. “There are 10,000 independent jewelers in the USA looking for a way to manage precious metals and jewels. Our Wave App is a hit and rescues the weekend when it comes to locating misplaced items on a Friday night.”

Getting Started With Modern Inventory

1. Tag your items with a JT loop or TR-800 sticker RFID tag.

A loop price tag is a common look for jewelry using barcode price tags. The JT-S Loop RFID jewelry tag (available: January 2023/pre-order now) is designed to be a replacement to the legacy tag. 

2. Take Inventory in seconds with the SimplyRFiD Wave Inventory App

Wave will immediately tell you what’s found and what’s not. A typical store of 2,000-3,000 items takes 5 minutes to inventory.

SimplyRFiD also publishes a how-to guide for jewelers to get started with RFID and a comprehensive guide on best-practices when creating a modern inventory system.

The Results

Leading retailers began rolling out RAIN RFID more than ten years ago. It took a lot of experiments to figure out what worked, but the results are in and they are dramatic. 

“SimplyRFiD’s Wave App customers are seeing accuracy above 99%  vs. 85% accuracy with barcodes,” said Eric Richmond, Vice President of Delivery for SimplyRFiD. “Daily inventory with RFID stops permanent inventory losses before it’s too late.”

This Holiday 

SimplyRFiD is offering 1,000 pre-programmed jewelry RFID tags with any new system that includes an RFID handheld and the Wave software. Offer is valid on orders confirmed before Dec 31, 2022. Mention: JEWELRYTAGS22

About SimplyRFiD

SimplyRFiD’s Wave Inventory System is a turn-key iOS app that connects to an RFID handheld. A well-equipped SimplyRFID Wave inventory control hardware and software startup package costs about $2,500. After the first year, it’s $995/year or about $3/day for unlimited, world-class support and upgrades.

A single Wave handheld can inventory a jewelry store of 1,000 items in about 1 minute. 

Reach out to SimplyRFiD at [email protected] for a complimentary game plan analysis for transitioning from barcodes to RFID.

See it live at the NRF Big Show 2023

SimplyRFiD will be at the National Retail Federation Big Show show in NYC January 15-17 — booth #4246! Stop by and try our Wave or contact us if you’re located in NYC for an in-person demonstration.

Contact Information:

William Montalbo

Vice President, Marketing

[email protected]

+1 703.343.1689

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New RAIN RFID Loop Tag for Jewelers From SimplyRFiD Raises the Standard for Inventory

Firms Partner to Provide Cyber Insurance Coverage Options to Positive’s Insureds

BERWYN, Pa. – December 9, 2022 – (Newswire.com)

Positive Physicians Insurance Company (“Positive”), a leading medical professional liability (MPL) insurer serving healthcare providers across 10 states, today announced it has partnered with Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, to provide Positive’s insured physicians and healthcare providers with competitively priced and broader coverage options. Positive is delighted to offer Coalition’s active approach to cyber security to its insureds. 

“Coalition is a globally recognized provider of Cyber Insurance that delivers a progressive platform that uses Active Risk Assessment, Active Protection, and Active Response to alter how healthcare professionals manage cyber threats. Coalition’s advanced technology allows businesses to reduce digital risk by monitoring and responding to digital risks 24/7, making Cyber Insurance in the MPL Industry no longer a reactive coverage,” said Positive CEO Michael Roque. “This is yet another partnership cementing our vow to identify and incorporate Insurtech solutions that will reshape how the MPL Industry transacts business.” 

Founded in 2002, Positive provides medical malpractice insurance coverage for physicians, medical staff, and medical groups. “Cyber Insurance is often an afterthought in the MPL space, with coverage only triggering when an adverse event occurs. But as digital risk increases and evolves, so must the coverage available for healthcare providers. Coalition actively provides ongoing protection and services. This partnership gives our insureds access to affordable enhanced coverage options that will significantly help mitigate the digital risks they face daily,” Roque said. 

Founded in 2017, Coalition provides a new integrated approach for companies to manage cyber risk. Coalition’s Active Insurance offering provides small and midsize companies with cyber security tools, active monitoring, and anytime access to digital forensics and incident response services, combined with insurance coverage provided by well-known insurance carriers. 

About Positive Physicians Insurance Company 

Positive Physicians Insurance Company, a Pennsylvania-domiciled company, is a wholly owned subsidiary of Positive Physicians Holdings, Inc. The Company underwrites medical professional liability coverage for physicians, corporations, medical groups, clinics, and allied healthcare providers. Positive Physicians Insurance Company offers claims-made coverage, claims-made plus, occurrence-based policies, as well as tail coverage in Pennsylvania, New Jersey, Ohio, Delaware, Maryland, South Carolina, Michigan, Florida, Texas, and Georgia. For more information, please visit www.positivephysicians.com. 

Contact Information:

Shaun Fisher

SVP of Marketing & Business Development

[email protected]

610-644-5262

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Coalition Press Release – Final.docx

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Positive Physicians Insurance Company and Coalition Announce Partnership to Offer Cyber Insurance Coverage

Dennis & Co. Auto Group Accelerates Expansion with the Acquisition of Eagle Chevrolet of Riverhead, Eagle Kia of Riverhead, Eagle Mazda of Riverhead, and Eagle ADI in Riverhead, New York. The rapidly growing Dennis & Co. Auto Group continues the expansion of its franchised dealership network with the acquisition of a collection of Long Island, NY-based dealerships, bringing to sixteen the number of stores in the company’s portfolio.

Dennis & Co Logo

WEST NYACK, N.Y. – December 7, 2022 – (Newswire.com)

Dennis & Co. Auto Group expanded its dealership network into Long Island, NY, with the purchase of Eagle Chevrolet of Riverhead, Eagle Kia of Riverhead, Eagle Mazda of Riverhead, and Eagle General Motors Accessories Distributor Installer from owner Mark Calisi.

“We are excited to expand our brand profile to include Mazda while deepening our portfolio of Chevrolet and Kia stores,” said Brian Dennis, Dennis & Co. CEO & Founder. “This acquisition allows us to serve customers throughout Long Island while expanding our strategic B2B parts business with Eagle ADI.”

“The acquisition of the Eagle stores leverages our Dennis & Co. sales, service, and customer development methodologies – focusing on treating people the way they want to be treated and providing our customers with the best service and care. Adding the proven Eagle and ADI staff to our company pushes us over the 1,000-employee milestone.”

Eagle Chevrolet of Riverhead, Eagle Kia of Riverhead, Eagle Mazda of Riverhead, and Eagle ADI continue to operate under their respective names and are part of the Dennis & Co. Auto Group, headquartered in Pearl River, NY.

About Dennis & Co. Auto Group

Brian Dennis founded Dennis & Co. in 2006 with a single dealership, Riverdale Chrysler Jeep, and has steadily grown the company into a major automotive dealership network in the Metropolitan New York region. The platform has a diversified portfolio of 16 brands across 16 locations, including Buick, Cadillac, GMC, Chevrolet, Ford, INFINITI, Kia, Mazda, Volkswagen, Chrysler, Dodge, Jeep, Ram, Fiat, Alfa Romeo, and Maserati. The group also owns and operates a used-only dealership, two collision centers, and a dedicated GM ADI parts business. The group has 1,000+ employees and serves its customers to the highest sales and service standards.

Contact Information:

Adonai McCormick

Dealer Principal/General Manager

[email protected]

631-727-1100

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Dennis & Co. Auto Group Acquires Chevrolet, Kia, and Mazda Dealerships and GM ADI Business in Riverhead, New York

Mainframes are famously performant. Those looking to move their mainframe workload to the cloud can now benefit from Flynet’s free expert assessment to ensure they avoid the most common latency pitfalls.

Mainframe Cloud
Cloud enabled mainframe

CAMBRIDGE, England – December 7, 2022 – (Newswire.com)

Interest in cloud migration and mainframe modernization has never been so high, with the recent Advanced mainframe report showing 90% of organizations have modernized their mainframe workloads in some way since the start of the pandemic, compared to just 11% in the survey before. This modernization is being driven by two main factors: security and cloud migration. However, this transition is not without risks, and mainframe latency is a major one. Flynet helps companies avoid common pitfalls by offering a free expert assessment.

While full-scale migration may not be realistic, or indeed desirable for the majority of organizations that are running mainframe applications, most are considering migrating at least some of their mainframe workload. When considering a migration, the two things that organizations need to prioritise are the very things that made the mainframe such an attractive option in the first place – security and performance. Mainframes were built to handle high-transaction volumes at speed, hence their prevalence in the finance, retail and public sectors. Migrating to the cloud can often introduce significant and compound latency issues that are frequently overlooked by system owners that purely focus on the migration of the workload to the cloud.

Whilst the cloud undoubtedly has many advantages, it will be hard to claim a migration a success if user productivity and satisfaction takes a hit. The architecture of the entire solution needs to be carefully planned to minimize latency at all points, for example, choosing a specifically engineered, cloud-hosted web-based terminal emulator as an access method is one of many steps an organization can take to reduce potential latency and frequently dropped connections. By contrast, any organization hoping to migrate to the cloud while retaining their traditional thick-client emulator is very likely to introduce performance and reliability issues that will anger users and introduce productivity losses that impact the ROI and efficiency of the migration. 

This is one of many examples of the potential pitfalls with cloud migration – Flynet is currently offering a free Cloud migration access assessment to any mainframe users undertaking or considering their cloud journey. 

Contact Information:

Rhiannon Dakin

Marketing Director

[email protected]

+44 7540889456

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Flynet Offers Free Latency Support Package for Everyone Considering Mainframe Cloud Migration

When the World Reinvented Work, This Startup Reinvented Itself

Team Kadence 2022 celebration
SAN FRANCISCO – …

Research Report Highlights the Global 1000’s Increased Interest in Startup Collaboration

Successful Startup Engagement and Corporate Venture Capital
InnoLead’s new report with MIT’s Industrial Liaison Program and MIT’s Startup Exchange, \”Successful Startup Engagement and Corporate Venture Capital.\”

BOSTON – December 7, 2022 – (Newswire.com)

InnoLead, a research and events company based in Boston, has released a new report sponsored by the MIT Office of Corporate Relations, which explores how Global 1000 companies are successfully scouting, collaborating with, and investing in startups.

The report gathered survey data from 146 corporate leaders to understand how they seek to connect to the startup ecosystem, and the challenges they face. Key findings from the report include:

• Sixty-eight percent of survey respondents said they expect their level of startup engagement to increase in 2023, compared with 2022.
• Fifty-six percent of respondents have a corporate venture capital group in place, and one-third of those groups have been created within the past three years.
• Half of the survey respondents said they already have more than 10 collaborations or investments with startups in place. 
• But 17 percent of respondents said they haven’t yet created a strategy for engaging with startups.
   

The survey also revealed that the top challenge of partnering with startups, from the corporate perspective, is convincing other internal decision-makers to engage with or invest in a particular startup. That challenge was also atop the list in InnoLead’s 2021 research.

InnoLead conducted in-depth interviews with executives from Coca-Cola, Goodyear, JetBlue Ventures, TDK Ventures, and Johnson & Johnson, among others.

“One key lesson of the report is that companies that hope to connect effectively to the startup ecosystem need to approach it as a long game, and think about the benefits for both sides,” says InnoLead CEO Scott Kirsner. 

For the full 44-page report, please visit https://www.innovationleader.com/research-reports/startup-engagement-corporate-venture-capital/. 

To learn more about MIT Corporate Relations, please visit https://corporaterelations.mit.edu/. 

About InnoLead

InnoLead is a media and events company focused on helping the world’s largest companies thrive. Since 2013, InnoLead has built the largest community of corporate innovation, strategy, and R&D executives in both public and private companies, helping these executives to strengthen their innovation programs, connect with useful resources and vendors, and engage with peers online and in person. For more information about InnoLead membership and events, visit www.innolead.com or follow us on Twitter, LinkedIn, Instagram, and Facebook.

Contact Information:

Kristof Torok

Growth and Operations Manager

[email protected]

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New Data From InnoLead Shows Nearly 70 Percent of Respondents at Large Corporations Expect Startup Engagement Activity to Increase in 2023