Tech News
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BMC Named a Leader for Next-Generation Application Performance Management in Research in Action Selection Matrix
HOUSTON, Oct. 14, 2015 (GLOBE NEWSWIRE) -- BMC, the global leader in software solutions for IT, today announced that Research in Action, a leading European research firm, named it as a leader in its recent Vendor Selection Matrix for Next-Generation Application Performance Management. The report provides a comparison of the top 20 vendors of next-generation Application Performance Management solutions.
"Enterprise and business decision makers looking for next-generation IT need integrated solutions that span the whole spectrum from business service to application performance. They need look no further than BMC with its strong and differentiated brand. Its new strategy for next-generation APM is well aligned with the cutting edge analytic capabilities customers want," commented Dr. Thomas Mendel Ph.D. managing director at Research In Action.
Application Performance Management is at an all-time high, and the market is very dynamic and highly complex with many different facets according to the Research In Action Vendor Selection Matrix. A key component of the report is a survey of 1600 IT professionals about the future of APM. According to those surveyed, the top four requirements for next-generation APM are a SaaS delivery platform, hybrid cloud management, analytics and big data, and real-time monitoring with end-user views.
"BMC is thrilled to be recognized as an APM leader by Research In Action for our TrueSight solutions, especially given that 60 percent of the evaluation is based on the feedback from enterprise buyers," said Bill Berutti, president of the cloud, data center and performance businesses at BMC." Research In Action's acknowledgement validates our strategy of building modern solutions that empower IT operations to meet the fast-paced demands of the digital enterprise."
To read the vendor matrix in full, click here.
BMC TrueSight Operations Management
The TrueSight Operations Management solution provides unprecedented visibility into the entire IT environment and performs real-time monitoring to enable business-impact analysis and drive superior quality of service. The solution measures the performance of business applications to pinpoint degradation issues and proactively identify errors before users are affected. This unique insight helps IT increase service availability and find and fix problems before end-user impact.
BMC TrueSight Pulse
TrueSight Pulse is a real-time SaaS solution for monitoring and alerting that keeps high-speed cloud-hosted applications and underlying infrastructure running—for instant IT insight. Monitoring performance and availability every second of every day empowers IT operations and DevOps users to respond fast to the fluid demands of their digital environment.
About BMC
BMC is a global leader in software solutions that help IT transform traditional businesses into digital enterprises for the ultimate competitive advantage. Our Digital Enterprise Management set of IT solutions is designed to make digital business fast, seamless, and optimized. From mainframe to mobile to cloud and beyond, we pair high-speed digital innovation with robust IT industrialization—allowing our customers to provide intuitive user experiences with optimized performance, cost, compliance, and productivity. BMC solutions serve more than 15,000 customers worldwide including 82 percent of the Fortune 500.BMC – Bring IT to Life
BMC, BMC Software, the BMC logo, and the BMC Software logo are the exclusive properties of BMC Software Inc., are registered or pending registration with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries. All other BMC trademarks, service marks, and logos may be registered or pending registration in the U.S. or in other countries. All other trademarks or registered trademarks are the property of their respective owners. © Copyright 2015 BMC Software, Inc.
CONTACT: Editorial contacts: Tami Casey BMC D: 408.571.7131 M: 650.293.7219 Tami_Casey@bmc.com Jenn Zimmer Eastwick Communications D: 415.820.4175 M: 408.621.3352 bmc@eastwick.com
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iCONECT-XERA Changes the eDiscovery Game Again With Integrated Analytics, Including Predictive Review
HENDERON, Nev., Oct. 14, 2015 (GLOBE NEWSWIRE) -- iCONECT, developers of the visually rich and intuitively simple XERA e-discovery software, announced that, effective today, all XERA licenses will include XERA's full suite of analytic tools, including: predictive coding, workflow, iCONECT's XMPLAR, near-duplication, conceptual search, email threading and iVIEW cluster visualization. Allowing clients to use analytics on an unlimited amount of data, across all users and on all projects – without the additional per-gigabyte charges of other review products – provides much needed predictability to project budgets.
The change will further allow iCONECT's hosting partners to provide both cost savings and additional value. "The ability to include analytics, specifically predictive review with every project will mean real savings for our clients," says Gavin W. Manes, Ph.D., Chief Executive Officer of Avansic, an iCONECT hosting partner. "iCONECT continues to add value to the XERA platform, and now with near-dupe, threading and predictive review included in licensing, our clients will benefit immensely. We're excited to be able to offer it on all our projects."
Integrated analytics pricing will also provide much-needed predictability. Estimating costs can be difficult when licensing is done on a per-gigabyte basis because the quantity may be an unknown at the outset of the project. For example, if the data set is richer than expected, more data survives the early case assessment (ECA) phase, and the use of analytics is questioned because of additional unsuspected costs. Based on this new licensing model, guesswork is eliminated allowing hosting partners and law firms to more clearly estimate pricing.
All new iCONECT-XERA license pricing includes all the features and benefits of iCONECT's analytics tools:- Easy-to-use setup wizard
- Streamlined issue identification and review
- Near Duplicate identification
- Email Threading
- Automatic Batching
- SmartSample for intuitive feedback
- Built-In Predictive Review
- XMPLAR® to create a perfect model document
- iVIEW Data Visualizer for comprehensive reporting and cluster visualization
"We all know analytics, and more specifically predictive review, can add value to any document review project," says Ian Campbell, President & CEO at iCONECT. "We are thrilled that, as of today, cost and predictability are no longer impediments to unlocking that value."
For more information about iCONECT, please visit www.iconect.com.
ABOUT iCONECT DEVELOPMENT, LLC
iCONECT Development, LLC is an industry leader in developing innovative legal review software and services that empower legal teams to complete complex review projects more cost effectively. As early innovators of eDiscovery review software since 1999, and with the release of the revolutionary web-based, iCONECT-XERA® eDiscovery Review Platform, iCONECT continues to raise the bar for advancements in developing intelligent, easy-to-use tools that help hosting providers, law firms, corporations and government agencies worldwide optimize workflows and manage big data more efficiently. iCONECT analytics is powered by CAAT technology, a world leader in analytics. ICONECT was most recently honored by CIO Review as one of the Top 20 Most Promising Legal Technology Solution Providers in 2014 and in 2015 was honored to be included by LegalTech News as a Best eDiscovery Platform.CONTACT: Kirsten Brandt Marketing Administrator iCONECT Development, LLC t. 1-855-915-8888 e. marketing@iconect.com
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Bit9 + Carbon Black Raises $54.5M
WALTHAM, Mass., Oct. 14, 2015 (GLOBE NEWSWIRE) -- Bit9® + Carbon Black®, the market leader in Next-Generation Endpoint Security (NGES), today announced it recently closed $54.5 million in Series F funding. The company will use investment to fuel its accelerating growth, product innovation and international expansion.
The round, the largest in the company's history, was led by current investor Accomplice's new EarlyAccess program. All of the company's other existing investors—.406 Ventures, Blackstone, Highland Capital Partners, Kleiner Perkins Caufield & Byers, and Sequoia Capital—also participated. New investors were Evolution Equity and Founders Circle.
The funding comes as the company expects to end 2015 with record results, including:
- $70M+ in revenue
- 70 percent annual growth
- 7 million+ software licenses sold
- Approaching 2,000 customers worldwide
- 60+ managed security service provider (MSSP) and incident response (IR) partners
Bit9 + Carbon Black started with a government cyber-security grant and has dozens of security experts, many of them trained by the NSA, CIA and FBI.
"Protecting the endpoint is the number-one issue in cyber security today as organizations have realized that the network is not the target of advanced threats; it's their endpoints—where a company's digital information lives," said Patrick Morley, president and CEO of Bit9 + Carbon Black. "Many vendors are trying to get into this space, including network security vendors, IT operations companies, and small startups. We invented the NGES market, and we have more success and experience in it than anyone.
"We've grown into the largest pure-play NGES company. Our business model is solid because we're driven by predictable recurring subscription revenue. We were voted Best Endpoint Protection by security professionals in the SANS Institute's Best of 2014 Awards, and a 2015 SANS survey found that 68 percent of incident response professionals are using or evaluating Carbon Black," Morley said.
"The endpoint is the next great wave in cyber security, and that's why we increased our investment in Bit9 + Carbon Black to fuel the company's ongoing leadership in this vital sector," said Jeff Fagnan, founder of Accomplice, formerly known as Atlas Ventures. "The need for effective endpoint security has never been greater, and no company meets that critical need the way Bit9 + Carbon Black does."
About Bit9 + Carbon Black
Bit9 + Carbon Black is the market leader in Next-Generation Endpoint Security. We have sold more licenses, have more experience, and more customers than any other NGES company because our solution is the most effective way to prevent, detect and respond to advanced threats that target users, servers, and fixed-function devices. That's why more than 60 MSSP and IR leaders, including Dell SecureWorks, EY, Optiv and Solutionary, have chosen our technology as a key component of their security offerings, and 25 of the Fortune 100 rely on us as a critical element of their advanced threat defense and compliance strategies. By the end of 2015, we expect to achieve $70M+ in annual revenue, 70 percent growth, 7 million+ software licenses sold, and almost 2,000 customers worldwide. We were voted Best Endpoint Protection by security professionals in the SANS Institute's Best of 2014 Awards, and a 2015 SANS survey found that 68 percent of IR professionals are using or evaluating Carbon Black.
Bit9 and Carbon Black are registered trademarks of Bit9, Inc. All other company or product names may be the trademarks of their respective owners.
CONTACT: Kevin Flanagan Bit9 + Carbon Black +1 781-856-2589 kflanagan@bit9.com Kristina LeBlanc MediaLink Group +1 508-930-5636 kristinawleblanc@gmail.com
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Mac OS X Malware at All-Time High, Research Shows
WALTHAM, Mass., Oct. 14, 2015 (GLOBE NEWSWIRE) -- Mac OS X malware is at an all-time high, according to a new report from the Bit9® + Carbon Black® Threat Research Team.
A 10-week analysis conducted by Bit9 + Carbon Black demonstrated the unprecedented growth in OS X malware. In 2015 alone, the number of OS X malware samples has been five times greater than in 2010, 2011, 2012, 2013 and 2014 combined, the research found.
The Bit9 + Carbon Black Threat Research Team collected more than 1,400 unique OS X malware samples. The samples were aggregated from the team's independent research efforts, open sources, experience from incident response engagements involving OS X, peer research, black lists, and a contagio malware dump, among other sources.
"Macs have been largely ignored by malware, until recently," said Mike Sconzo, Bit9 + Carbon Black's senior threat researcher. "Evidence of a more malicious OS X marketplace is clearly compounding and we confidently expect Mac OS X malware attacks to accelerate in the coming months."
For its analysis, the Bit9 + Carbon Black Threat Research Team utilized a custom-built sandbox to quickly identify common actions performed by malware, such as file creations and network communications. This enabled the team to look at command-and-control infrastructure as well as artifacts left as part of the malware execution.
As the team tracked the malware, it found some interesting behavior. Most notably:- Typical UNIX persistence mechanisms were not frequently seen in the OS X malware analyzed. For example, the team's analysis found that mechanisms such as adding cron jobs and "trojaning" startup locations such as rc.common weren't typically used; instead, malware authors are choosing to use Mac OS X-specific mechanisms.
- Malware authors are seizing the opportunity to strike on the OS X platform, meaning there's more malware out there but the result of this transition has been "less sophistication" in the malware.
- The Bit9 + Carbon Black Threat Research Team identified that the vast majority of OS X malware leveraged one of just seven persistence techniques to remain active on a system.
The report presented several detection mechanisms that both enterprise users and consumers can use to better understand OS X malware and its behavior. Download the full report here.
"Assuming their machines were 'safe' from malware and cyber attacks, many enterprises and consumers have failed to implement the same safeguards and controls on OS X devices as they have for Windows machines," Sconzo said. "As threats against OS X have increased, this security gap has left many organizations and consumers exposed and unable to identify or stop infections."
About Bit9 + Carbon BlackBit9 + Carbon Black is the market leader in Next-Generation Endpoint Security. We have sold more licenses, have more experience, and more customers than any other NGES company because our solution is the most effective way to prevent, detect and respond to advanced threats that target users, servers, and fixed-function devices. That's why more than 60 MSSP and IR leaders, including Dell SecureWorks, EY, Optiv and Solutionary, have chosen our technology as a key component of their security offerings, and 25 of the Fortune 100 rely on us as a critical element of their advanced threat defense and compliance strategies. By the end of 2015, we expect to achieve $70M+ in annual revenue, 70 percent growth, 7 million+ software licenses sold, and almost 2,000 customers worldwide. We were voted Best Endpoint Protection by security professionals in the SANS Institute's Best of 2014 Awards, and a 2015 SANS survey found that 68 percent of IR professionals are using or evaluating Carbon Black.
Bit9 and Carbon Black are registered trademarks of Bit9, Inc. All other company or product names may be the trademarks of their respective owners.CONTACT: Kevin Flanagan Bit9 + Carbon Black +1 781-856-2589 kflanagan@bit9.com
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Manhattan Associates Marks a Decade of Leadership in Warehouse Management Market Share
ATLANTA, Oct. 14, 2015 (GLOBE NEWSWIRE) -- Marking a decade of leadership, Manhattan Associates, Inc. (NASDAQ:MANH) announced today that, based on revenues, it is again ranked as the global leading supplier of “Total WMS Software and Services” in ARC Advisory Group’s “Warehouse Management Systems Global Market Research Study, Market Analysis and Forecast Through 2019.”
Published annually, the ARC study follows more than 40 suppliers of WMS solutions and provides a detailed analysis and forecast for the marketplace through 2019. In addition to its global market share leader position, Manhattan Associates also took the top spot for WMS in Asia-Pacific and North America.
“The current omni-channel retail paradigm shift, driven in large part by the surge in e-commerce, is arguably the most significant supply chain management trend in the last decade,” ARC Advisory Group Enterprise Software Analyst Clint Reiser writes in the report. The report continues, “Manhattan is well situated to capitalize on this multichannel fulfillment transformation due to its well-established warehouse management solution set, distributed order management offering and store inventory and fulfillment offering.”
“We are proud to continue our strong showing in this influential report that shows we have increased our share of the overall WMS market in recent years,” said Scott Fenwick, senior director, product management, Manhattan Associates. “The unique combination of our market-leading WMS and Order Management Solutions is a powerful asset for companies going through an omni-channel transformation.”
Manhattan Associates holds the top market share in 23 of the 37 categories tracked by ARC, including:
- WMS for Apparel Retail
- WMS for Department Stores
- WMS for Home Improvement Retail
- WMS for Retail
- WMS for Retail Electronics
- WMS for Pharma
- WMS for Grocery Retail
- WMS for Transportation and Logistics
- WMS for Wholesale
Receive up-to-date product, customer and partner news directly from Manhattan Associates on Twitter and Facebook.
About Manhattan Associates
Manhattan Associates makes commerce-ready supply chains that bring all points of commerce together so you’re ready to sell and ready to execute. Across the store, through your network or from your fulfillment center, we design, build and deliver market-leading solutions that support both top-line growth and bottom-line profitability. By converging front-end sales with back-end supply chain execution, our software, platform technology and unmatched experience help our customers get commerce ready—and ready to reap the rewards of the omni-channel marketplace. For more information, please visit www.manh.com.
CONTACT: Cameron SmithManhattan Associates 678-597-6841camsmith@manh.com
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Rapid7 Acquires Logentries; Adds Machine Data Search to Its Leading Security Data and Analytics Platform
BOSTON, Oct. 13, 2015 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ:RPD), a leading provider of security data and analytics solutions, today announced it has acquired RevelOps, Inc. d/b/a Logentries (Logentries), a leading provider of machine data search technology. With the addition of Logentries' world class, cloud-based log management and search, Rapid7 will enable information security teams to solve a full range of security challenges, deeply investigate incidents, and more efficiently achieve their compliance requirements. Rapid7 acquired Logentries for an aggregate purchase price of approximately $68 million, consisting of approximately $36 million in cash and $32 million in Rapid7 equity.
"We're thrilled to add Logentries' technology and team to Rapid7. The disruptive combination of Rapid7's industry-leading data collection and security analytics and Logentries' compelling machine data search technology, enables customers to better understand and quickly respond to risk in their IT environment," said Corey Thomas, president and chief executive officer of Rapid7. "This is a natural progression of our security data and analytics platform, complementing our value proposition and accelerating our time to market."
Customers need solutions that can quickly cut through the noise to deliver valuable information about activity in their IT environment. Today, Rapid7 offers one of the broadest and deepest collections of data, from the endpoint to the cloud. With this robust data collection and packaged analytics, Rapid7 enables security teams to quickly and accurately assess and act to reduce risk, identify and respond to threat actors on the network, and consistently improve their security posture.
Logentries' innovative technology provides a powerful cloud-based solution for searching, visualizing, and analyzing machine data and logs. Built-in tagging, alerting, and reporting make it easy for customers to maintain a proactive view of their environment and identify anomalous events. Logentries' scalable, cost-effective architecture enables users to store and search structured, semi-structured, and unstructured data in real time – in some cases five-to-ten times faster than competing solutions – and at a lower cost.
The acquisition of Logentries accelerates Rapid7's product roadmap, adding machine data search, forensics, and compliance capabilities that complement and build upon Rapid7's core technology leadership and market strengths around threat exposure management, and incident detection, investigation, and analytics.
Andrew Burton, chief executive officer of Logentries commented, "Rapid7's leading position in the security data and analytics market gives us the opportunity to reach an evolving and expanding market that is looking for lower cost access to machine data, along with advanced security data collection and analytics."
Logentries is headquartered in Boston, Massachusetts, with a talented research and development team based in Dublin, Ireland. Logentries serves more than 3,000 customers in over 65 countries across a diverse set of industries. Logentries has approximately 70 employees, nearly all of whom joined Rapid7, including all of the engineering and development professionals in Dublin. Rapid7 will continue to build this team and invest in its presence in Ireland.
Acquisition Details and Financial Impact
The acquisition of Logentries was completed on October 13, 2015 for an aggregate purchase price of approximately $68 million, consisting of approximately $36 million in cash from Rapid7's balance sheet, the issuance of approximately 1.3 million unregistered shares of Rapid7 common stock, and the assumption of vested options, which became exercisable for approximately 0.2 million shares of Rapid7 common stock.
"In addition to the strong technology and business fit between Logentries and Rapid7, we're excited to add their unique technology and drive new offerings that are expected to be accretive to Rapid7's growth rate," said Steven Gatoff, chief financial officer of Rapid7. "We anticipate the acquisition of Logentries driving an incremental $10-12 million in billings in 2016. Importantly, we do not expect the acquisition to have a material impact on the overall timing of our attainment of positive operating cash flow or on non-GAAP profitability breakeven."
Rapid7 expects the acquisition of Logentries to be neutral to operating cash flow in the second half of 2016 and to be accretive to operating cash flow, non-GAAP operating income and non-GAAP earnings per share in 2017 and beyond.
For 2016, Rapid7 expects the acquisition to contribute approximately $4 million to $5 million in revenue, be dilutive to non-GAAP operating loss and non-GAAP loss per share by approximately $4 million to $5 million and $0.07 to $0.09, respectively.
For the fourth quarter of 2015, Rapid7 expects the acquisition to contribute approximately $1.5 million in incremental billings and approximately $0.5 million in revenue and to be dilutive to non-GAAP operating loss and non-GAAP loss per share by approximately $2.5 million to $3 million and $0.06 to $0.07, respectively.
In order to induce Logentries' employees to join and to retain and incentivize them going forward, Rapid7 has granted 910,812 shares of restricted common stock to 39 individuals who became employees of Rapid7 or one of its subsidiaries upon the closing of the acquisition. These awards were approved by the compensation committee of Rapid7's board of directors, and were issued on October 13, 2015 under and pursuant to the terms of Rapid7's 2015 Equity Incentive Plan, as amended (the "Plan").
As required by NASDAQ Marketplace Rule 5635(c)(4), Rapid7 has today announced these new employee inducement grants, which were made under a separate share reserve under the Plan designated for awards to be made to new employees of Rapid7 as an inducement material to such persons entering into employment with Rapid7 that was not approved by Rapid7's stockholders. The inducement awards described above vest over a one to three year period, with the first vesting date occurring on the six month anniversary of the closing of the acquisition and quarterly thereafter. Certain of these awards are subject to possible accelerated vesting under certain circumstances.
Today's Conference Call and Webcast Information
Rapid7 will host a conference call today to discuss the acquisition of Logentries at 5:00 p.m. Eastern Time. The call will be accessible by telephone at 888-223-4580 (domestic) or 303-223-2683 (international). The call will also be available live via webcast on the company's web site at http://investors.rapid7.com. A telephone replay of the conference call will be available at 800-633-8284 or 402-977-9140 (access code 21779435) until October 16, 2015. A webcast replay will be available at http://investors.rapid7.com.
About Rapid7
Rapid7 is a leading provider of security data and analytics solutions that enable organizations to implement an active, analytics-driven approach to cyber security. We combine our extensive experience in security data and analytics and deep insight into attacker behaviors and techniques to make sense of the wealth of data available to organizations about their IT environments and users. Our solutions empower organizations to prevent attacks by providing visibility into vulnerabilities and to rapidly detect compromises, respond to breaches, and correct the underlying causes of attacks. Rapid7 is trusted by more than 4,150 organizations across 90 countries, including 34% of the Fortune 1000. To learn more about Rapid7 or get involved in our threat research, visit www.rapid7.com.
About Logentries
Logentries provides a powerful cloud-based solution for collecting, searching, visualizing, and analyzing machine data and logs. The scalable and cost-effective architecture enables users to store and search structured, semi-structured, and unstructured data in real time – in some cases five to ten times faster than competing solutions. Logentries' unique approach is very efficient for customers, and the user interface makes it easy to learn and use. Logentries serves more than 3,000 customers in over 65 countries across a diverse set of industries.
Non-GAAP Financial Measures
Rapid7 believes that the use of prospective non-GAAP operating loss and non-GAAP loss per share is helpful to our investors. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with U.S. GAAP, and non-GAAP financial measures as used by us may not be comparable to similarly titled amounts used by other companies. Quantitative reconciliations of the prospective non-GAAP measures included herein to the most directly comparable U.S. GAAP financial measures have not been provided. Not all of the information necessary for quantitative reconciliations is available to Rapid7 at this time without unreasonable efforts.
Cautionary Language Concerning Forward-Looking Statements
This press release includes forward-looking statements. All statements contained in this press release other than statements of historical facts, including, without limitation, statements regarding the anticipated benefits of the acquisition of Logentries and the future performance of the combined business, the expected billings, revenue and cost contributions of the acquired business, our future financial and business performance for the fourth quarter and full-year 2015, technical innovations, market opportunity and plans and objectives for future operations, are forward-looking statements. The words "anticipate," believe," "continue," "estimate," "expect," "intend," "may," "will" and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of risks and uncertainties, including, without limitation, risks related to our rapid growth and ability to sustain our revenue growth rate, the ability of our products and professional services to correctly detect vulnerabilities, competition in the markets in which we operate, market growth, our ability to innovate and manage our growth, our ability to operate in compliance with applicable laws and the risks and uncertainties set forth in the "Risk Factors" section of our Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission for the quarterly period ended June 30, 2015, and subsequent reports that we file with the Securities and Exchange Commission. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, we cannot guarantee future results, levels of activity, performance, achievements or events and circumstances reflected in the forward-looking statements will occur. We are under no duty to update any of these forward-looking statements after the date of this press release to conform these statements to actual results or revised expectations, except as required by law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.
CONTACT: Rapid7 Investor Relations: +1 (857) 415-4419 investors@rapid7.com Rapid7 Media Relations: +1 (857) 288-7438 press@rapid7.com
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Geisinger Health System to Utilize Cerner's HealtheIntent Population Health Management Platform Across Disparate EHR Systems
KANSAS CITY, Mo., Oct. 13, 2015 (GLOBE NEWSWIRE) -- Geisinger Health System, a national model for high quality and high value health care, has decided to collaborate with Cerner, a global leader in health care technology, to use Cerner's HealtheIntent℠ population health management platform to further extend Geisinger's data-driven population health capabilities. A representative from Geisinger made the announcement at the Cerner Health Conference in Kansas City.
"In a time when payment models are changing from volume to value, Cerner and Geisinger share a core belief that managing the health of populations requires access to information outside traditional health care domains," said Neal Patterson, chairman and CEO, Cerner. "We admire Dr. Feinberg's vision for a better patient experience, and we're excited to be a strategic part of Geisinger's ability to provide systems-level insights to manage population health at scale."
Geisinger leveraged HealtheIntent, a system-agnostic, near real-time platform that normalizes data from any source, to aggregate clinical and financial data from its core electronic health record (EHR) and other sources, such as its insurance company, in a proof-of-concept project. Given the positive outcome of the demonstration, Geisinger has decided to include HealtheIntent as a core component of its Unified Data Architecture platform (UDA). Geisinger's UDA is designed to handle both structured and unstructured data to enable deeper insights for both individuals and entire populations.
"Leveraging our vast stores of data is one way we demonstrate our commitment to ensuring Geisinger's patients benefit from leading-edge advances in health care," said Dr. David Feinberg, CEO, Geisinger. "Implementing HealtheIntent as part of our UDA will afford our providers unparalleled access to data and allow them to pursue new and exciting data analytics opportunities that will improve patient experience and patient outcomes."
The cloud-based platform is designed to be accessed by physicians anywhere, anytime.
"While EHRs have successfully digitized some health care information, convenient and personalized care will only be achieved through integration of data from sources within and outside the EHR platforms – it is about time for the health care industry to begin taking advantage of cloud-based big data analytics, like HealtheIntent to manage patients," said Dr. Alistair Erskine, chief clinical informatics officer at Geisinger.
Cerner believes population health management is imperative to achieving better outcomes.
"HealtheIntent enables providers to use meaningful data to proactively engage with patients beyond the office setting," said Matthew Swindells, senior vice president, population health at Cerner. "It's this personalized care that will enable the transformation of the health care industry and allow for a deeper level of care continuity."
Geisinger and Cerner, along with xG Health Solutions, also have a Master Collaboration Agreement to develop SMART® on FHIR® applications to manage particular patient populations and improve clinical outcomes.
About Cerner
Cerner's health information technologies connect people, information and systems at more than 18,000 facilities worldwide. Recognized for innovation, Cerner solutions assist clinicians in making care decisions and enable organizations to manage the health of populations. The company also offers an integrated clinical and financial system to help health care organizations manage revenue, as well as a wide range of services to support clients' clinical, financial and operational needs. Cerner's mission is to contribute to the systemic improvement of health care delivery and the health of communities. On February 2, 2015, Cerner Corporation acquired substantially all of the assets, and assumed certain liabilities, of the Siemens Health Services business from Siemens AG. Nasdaq: CERN. For more information about Cerner, visit cerner.com, read our blog at cerner.com/blog, connect with us on Twitter at twitter.com/cerner and on Facebook at facebook.com/cerner.
Certain trademarks, service marks and logos set forth herein are property of Cerner Corporation and/or its subsidiaries. All other non-Cerner marks are the property of their respective owners.
CONTACT: Media Contact: Marlene.Bentley@Cerner.com
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LECTRA: Lectra-ESCP Europe Chair organizes a round table discussion on "Fashion, Sustainable Development and Technology"
H&M, Kering, European TK'Blue Agency and Eva Zingoni presented their organizations' actions
PARIS, Oct. 13, 2015 (GLOBE NEWSWIRE) -- Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials-fabrics, leather, technical textiles and composite materials-and ESCP Europe recently organized a round table on "Fashion, Sustainable Development and Technology" under the auspices of the "Fashion and Technology" Chair. The Lectra-ESCP Europe Chair, inaugurated in February 2014, aims to develop and convey knowledge based on innovations within the fashion and luxury sectors, thanks to cutting-edge technologies.
In the run up to the launch of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 21), which will be held next month in Paris, Lectra and ESCP Europe sought to present some of the ongoing sustainable development changes in the fashion sector. The round table attendees included, Rémi Crinière, Head of Environmental and Social Responsibility H&M France; Dr. Helen Crowley, Head of sustainable sourcing innovation, Kering; Philippe Mangeard, European TK'Blue Agency President; Eva Zingoni, sustainable fashion designer as well as Laurence Jacquot, Director of Industrial Operations and Hardware R&D, Lectra.
The panelists agreed on a number of principles that allows the fashion industry to become environmentally sustainable more quickly and efficiently. These included, being one step ahead of consumers' behavior; the necessity of supply chain transparency; participating in cross-industry platforms in order to drive forward innovation; use technology that permits fashion brands to be more environmentally friendly as well as socially responsible.
"The fashion industry should be ahead of its time. Unfortunately, it has fallen behind as far as sustainable development is concerned," points out Eva Zingoni. The clothing industry suffers from structural constraints, making it one of the least sustainable sectors. This impacts the entire supply chain, beginning with the production of raw materials to end-of-life product management via manufacturing conditions.
"A fashion company, such as Kering, has to manage worldwide and complex supply chains. We have already developed several actions and programs to improve our understanding so as to better measure our impact and therefore reduce it step-by-step throughout the entire supply chain," explains Helen Crowley. Kering, which is at the top of the Dow Jones Sustainability Index 2015 in the textile, clothing and luxury products sector for the second consecutive year, has decided to implement a more sustainable economic model that covers the entire span of its operations. To execute this strategy, the company uses an important tool, namely the environmental profit and loss account (E P&L), which is integrated into all of its brands.
"It is possible to develop and find more sustainable solutions so long as there is a will to do so. It is above all a matter of company culture and state of mind," affirms Rémi Crinière. "The company's strategic choices must be stable in order to be lasting. Swedish, family-owned company H&M focuses on long-term rather than short-term profits by adhering to sustainable development and circular economy practices." The H&M Conscious Foundation recently launched the Global Change Award, endowed with one million euros, to drive innovation that will bring the circular economy into the fashion industry.
"Innovation and best practices help to reduce both transportation's cost and overall environmental footprint (CO2, particles, but also noise, congestion.) in an industry that is heavily dependent upon such means. This is not just the case for international transportation, but also inner-city delivery to stores and e-commerce customers," adds Philippe Mangeard.
"Lectra's innovative solutions help fashion industry players reduce their carbon footprint, while respecting economic priorities," notes Laurence Jacquot. "For example, 3D technology reduces the use of physical prototypes, while PLM allows teams to work together in real time without any paper work. Better designed collections respond to consumer demand, thereby reducing waste associated with unsold merchandise."
The round table was moderated by the Co-Directors of Lectra-ESCP Europe "Fashion and Technology" Chair Céline Abecassis-Moedas and Valérie Moatti.
For further information, visit the Lectra-ESCP Europe Chair's website at www.mode-technologie.fr/en and join its social networks.About ESCP Europe
Established in 1819, ESCP Europe is the world's oldest business school and has educated generations of leaders and entrepreneurs.
With its five urban campuses in Paris, London, Berlin, Madrid, and Torino, ESCP Europe's true European Identity enables the provision of a unique style of cross-cultural business education and a Global Perspective on international management issues.
About Lectra
Lectra is the world leader in integrated technology solutions that automate, streamline and accelerate product design, development and manufacturing processes for industries using soft materials. Lectra develops the most advanced specialized software and cutting systems and provides associated services to a broad array of markets including fashion (apparel, accessories, footwear), automotive (car seats and interiors, airbags), furniture, as well as a wide variety of other market sectors, such as aeronautical and marine industries, wind power and personal protective equipment. Lectra serves 23,000 customers in more than 100 countries with 1,500 employees, and registered revenues of $281 million in 2014. The company is listed on Euronext.
For more information, please visit www.lectra.com
Contact - Lectra Headquarters / Press Dept.: Nathalie Fournier-Christol
E-mail: n.fournier-christol@lectra.com
Tel.: +33 (0)1 53 64 42 37 - Fax: +33 (0)1 53 64 43 40Lectra_ESCP Europe_round table_press release http://hugin.info/143494/R/1958197/713530.pdf
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Centage Corporation Named Finalist in the 7th Annual Golden Bridge Awards for Innovation in Business Process Management and Best Deployment
NATICK, Mass., Oct. 13, 2015 (GLOBE NEWSWIRE) -- Centage™ Corporation, a leading provider of budgeting and forecasting software (Budget Maestro™) for small and medium sized businesses has been recognized as a finalist in two categories in the Annual 2015 Golden Bridge Awards® including "Innovation in Business Process Management" for Analytics Maestro, and "Best Deployment" based on the successful customer case study with M3 Midstream, LLC. The coveted annual Golden Bridge Awards program encompasses the world's best in organizational performance, products and services, innovations, executives and management teams, among others, from every major industry. Organizations from all over the world are eligible to submit nominations. Winners will be honored in San Francisco on Monday, November 16, 2015 during the sixth annual awards dinner and presentation.
Innovation in Business Process Management – Finalist
Analytics Maestro for Microsoft Dynamics GP integrates directly with Microsoft Dynamics GP to give accounting and other financial professionals simple, seamless, self-serve reports from GL and sales order processing data without IT involvement. The dynamic tool gives accountants the power and flexibility they need to build engaging reports and real-time dashboards to deliver more accurate insight decision makers need to confidently monitor their companies' performance on a proactive basis.
Best Deployment – Finalist
M3 Midstream, an independent midstream energy company, relied on archaic spreadsheets to manage their budgeting and forecasting processes. However, the manual process was too inefficient and error prone. The company's business model and revenue stream depended on them providing a turn-key natural gas production facility so being able to accurately forecast the resulting demand for cash over an 18-24 month pre-production cycle was paramount to the company's success. With detailed cash forecasting capabilities, Budget Maestro from Centage Corporation was the only solution to meet M3's needs. By leveraging user defined drivers to create and revise the budget and forecasts automatically as adjustments were made, the team at M3 was able to develop their annual budget 50% times faster than using spreadsheets. Read more HERE.
"We are pleased to be named a finalist by Golden Bridge Awards," said Barry Clapp, President & CEO, Centage. "The recognition is a testament to our commitment to developing the next generation of budgeting and planning tools designed to help financial professionals confidently manage the financial health of their organization."
For more information follow us on Twitter @Centage or visit our blog http://centage.com/Blog/.
About the Golden Bridge Awards
Golden Bridge Awards are an annual industry and peers recognition program honoring Best Companies of all types and sizes and the people behind them in North America, Europe, Middle-East, Africa, Asia-Pacific, and Latin-America, Best Products and Services, Innovations, Management and Professionals, Women in Business and the Professions, International Business, Corporate Communications, PR and Marketing, Product Management, Customer Service, Support, Human Resources, Information Technology, and Company Milestones. Learn more about the outstanding performances in the workplace recognized by Golden Bridge Awards worldwide at www.goldenbridgeawards.com.
About Centage
Budget Maestro® by Centage is an easy-to-use, scalable, automated budgeting, planning, and forecasting application. It is designed for small to mid-market companies and automates many of the time-consuming and error-prone activities associated with using spreadsheets to generate accurate budgets and forecasts. It features built in financial and business logic that allow users to build and update their budgets and forecasts and never worry about formulas, functions, links or any custom programming. It is the only solution in the market that offers synchronized P &L, Balance Sheet, and Cash Flow reporting that generate automatically and seamlessly update. Budget Maestro serves more than 7,000 users worldwide. Visit us at www.centage.com. For more information follow us on Twitter @Centage or visit our blog http://blog.centage.com/ for the latest insights on budgeting and forecasting strategies.CONTACT: Sarah Murray Attune Communications +1 781 378 2674 sarah@attunecommunications.com
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COPsync Announces 1-for 50 Reverse Stock Split
Dallas, Oct. 13, 2015 (GLOBE NEWSWIRE) -- COPsync, Inc. (OTCQB: COYN), which operates the nation's only law enforcement in-car information sharing and communication network and the COPsync911 threat alert service for schools, government buildings, hospitals and other potentially at-risk facilities, announced a 1-for-50 reverse split of its common stock that was effective at 12:01 A.M. on Wednesday, October 14, 2015, with a simultaneous record date, and in effect at the opening of trading on the OTCQB tier of the OTC Markets on Wednesday, October 14, 2015. The reverse stock split was approved by the company's shareholders by written consent on July 7, 2015 and the specific ratio was subsequently determined at a meeting of the company's Board of Directors on September 9, 2015.
The reverse stock split was implemented to help the company become eligible for listing on The NASDAQ Capital Market ("NASDAQ"). The company has applied for listing on NASDAQ because it expects that the listing will broaden the company's shareholder base to include more institutional investors and larger retail investors and also improve liquidity in the company's securities. The company can provide no assurance, however, that the up-listing will be approved and, even if approved, that the expected benefits of up-listing will be realized.
At the effective time of the reverse stock split, every 50 shares of the company's common stock will be converted into one newly issued share of the company's common stock, without any change in the par value per share.
The reverse stock split will reduce the number of shares of the company's outstanding common stock from 208,588,818 to approximately 4,171,806 shares. Proportional adjustments will be made to the company's outstanding stock options and outstanding warrants. The number of authorized shares of the company's common stock will remain at 500,000,000 shares.
Each holder who otherwise would have been entitled to receive a fractional share as a result of the reverse stock split shall receive an additional share of common stock.
Holders of shares of common stock held in book-entry form or through a bank, broker or other nominee do not need to take any action in connection with the reverse split, and will see the impact of the reverse split automatically reflected in their accounts. Beneficial holders may contact their bank, broker or nominee for more information. Holders of shares in certificate form or a combination of certificate and book-entry form do not need to take any action to exchange their stock certificates. Stockholders may continue to make sales or transfers using their old stock certificates. Upon request, we will issue new certificates to anyone who holds old stock certificates in exchange therefor.
Additional information about the reverse stock split can be found in the company's definitive information statement filed on Schedule 14C with the Securities and Exchange Commission on August 5, 2015, a copy of which is available at www.sec.gov.
About COPsync
COPsync, Inc. (OTCQB: COYN) is a technology company that improves communication between and among law enforcement officers and agencies from differing jurisdictions to help them prevent and respond more quickly to crime. The COPsync Network connects law enforcement officers and agencies to a common communications system, which gives officers instant access to actionable, mission-critical data and enables them to share information and communicate in real-time with other officers and agencies, even those hundreds and thousands of miles away. The Network's companion, COPsync911 threat alert system, enables schools, courts, hospitals, government buildings, energy, telecommunications and other potentially at-risk facilities to automatically and silently send threat alerts directly to local law enforcement officers in their patrol cars in the event of a crisis, thereby speeding first responder response times and saving minutes when seconds count. The COPsync Network saves officer and citizen lives, reduces unsolved crimes and assists in apprehending criminals and interdicting criminal behavior -- through such features as a nationwide officer safety alert system, GPS/auto vehicle location and distance-based alerts for crimes in progress, such as school crisis situations, child abductions, bank robberies and police pursuits. The COPsync Network also eliminates manual processes and increases officer productivity by enabling officers to electronically write tickets, accident reports, DUI forms, arrest forms and incident and offense reports. The company also sells VidTac(R), an in-vehicle, software-driven video system for law enforcement. Visit www.copsync.com and www.copsync911.com for more information.
Statements in this release that are not purely historical facts or that depend upon future events, including statements about forecasts of earnings, revenue, product development, sales or other statements about anticipations, beliefs, expectations, intentions, plans or strategies for the future, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Examples of such forward-looking statements include, without limitation, "…because it expects that the listing will broaden the company's shareholder base to include more institutional investors and larger retail investors and also improve liquidity in the company's securities." Readers are cautioned not to place undue reliance on forward-looking statements. All forward-looking statements are based on information available to the Company on the date this release was issued. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Any statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including risks or uncertainties related to the Company's ability to obtain and retain customers and development, implementation and acceptance of its products and services. The Company may not succeed in adequately addressing and managing these and other risks. Further information regarding factors that could affect the Company's financial, operating and other results can be found in the risk factors section of the Company's filing on Form 10-K for 2014 and other filings the Company may make with the Securities and Exchange Commission from time-to-time.
CONTACT: Contact: Ronald A. Woessner Dian Griesel Int'l Chief Executive Officer Susan Forman 972-865-6192 212-825-3210 invest@copsync.com sforman@dgicomm.com
