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Venture-backed SaaS company specializing in hyperautomation and orchestration solutions for Microsoft 365 environments makes bold moves to accelerate US expansion with a veteran tech executive and aggressive expansion strategy TAMPA BAY, Florida, Feb. 29, 2024 /PRNewswire/ -- Devicie, a leader in hyperautomation and orchestration for Microsoft 365 environments, is excited to announce the appointment of Colin Britton as Chief Operating Officer. In this pivotal role, Colin will drive Devicie's ambitious growth strategy, focusing on global operational scaling, executing a channel strategy, and expanding the company's footprint in the U.S. Veteran tech executive Colin Britton, newly appointed COO at Devicie, a leader in hyperautomation and orchestration for Microsoft 365 environments. "Colin's exceptional track record in propelling software companies to new heights is well-documented," says Shane Harding, CEO of Devicie. "At Devicie, we're not just proud of our cutting-edge solutions; we're thrilled about the significant value they bring to our customers. Under Colin's guidance, coupled with our strong partnership with Microsoft and our innovative approach to hyperautomation and orchestration, we're set to redefine device management and security, accelerating our growth in the U.S. and internationally." Colin Britton brings over two decades of experience in leadership and advisory roles across the SaaS, security, big data, and technology sectors, with a storied career at companies like TeamViewer, DNSFilter, Devo, LiveAction, and LogicNow, now part of N-Able. "In today's digital landscape, the surge in devices and applications poses a significant challenge for IT teams, making it tough to adhere to best practices in device management and security," Colin Britton, the newly appointed COO of Devicie, explains. "The reality is that many organizations are not leveraging the full capabilities of Microsoft Intune and the whole 365 suite, often due to the setup and ongoing optimization being labor-intensive and time-consuming. Devicie fills this critical gap with our hyperautomation and orchestration solution, delivering immense value to our customers and service partners, potentially saving them millions annually." Devicie raised $10 million in Series A funding led by global software investor Insight Partners in 2022. Its core product is built natively on top of Microsoft Intune, which is included in most Microsoft 365 subscriptions, including E3, E5 and Business Premium. Devicie reduces the time and complexity of device management with out-of-the-box configurations, policies, protocols and permissions. It's trusted by organizations around the globe to securely manage their Android, Apple iOS, Windows and macOS devices. About Devicie Devicie provides hyperautomation and orchestration solutions for Microsoft 365 environments. Devicie's unique approach to modern endpoint management, featuring zero-touch configuration, advanced security, and compliance capabilities, transforms Intune adoption and maximizes Microsoft 365 utilization. By fostering synergy between Security and IT departments, as well as empowering CSPs and partners, Devicie emerges as a vital asset for contemporary organizations and partners striving to streamline IT operations and amplify productivity on an international scale. For further details, visit www.devicie.com. Contact:Miluse VejdaniChannel Marketing ConsultantMiluse.vejdani@devicie.com+1 (617) 640-3802
ORLANDO, Fla., Feb. 29, 2024 /PRNewswire/ -- accesso Technology Group (AIM: ACSO), the premier technology solutions provider for attractions and venues worldwide, has announced a new collaboration with the Pro Football Hall of Fame ("the Hall"), introducing a new, cutting-edge app designed to enhance the experience and boost engagement for visitors to the Hall's renowned museum in Canton, Ohio. Image of Pro Football Hall of Fame Interactive Mobile App The newly launched app is now available for download on iOS and Android devices. Utilizing a suite of guest experience tools from accesso, the multi-faceted app features a full venue audio tour (available in English and Spanish), an interactive museum map, trivia activities and direct access to news and app-exclusive information about the venue. A second phase of the rollout – planned for the fourth quarter of 2024 – will see further enhancements to the Hall's audio tours and the launch of an all-new digital archive. This archive will host digital records of hundreds of thousands of the Hall's valuable assets – such as player jerseys, footballs and helmets, along with documents and photos – broadening public access to the expansive collection, less than 1% of which is exhibited within the museum. "The launch of the Hall of Fame's innovative mobile app opens up new ways for fans of America's No. 1 sport to take in the rich history of the game and creates an even more dynamic experience for visitors," said Jon Kendle, Hall of Fame Vice President of Museum & Archives. "We're excited for the future of our partnership with accesso and look forward to exploring the full potential of our new, forward-looking app product." "Today's guest wants to feel meaningfully engaged with the venues they visit," added Steve Brown, accesso CEO. "We're proud to partner with the Pro Football Hall of Fame as they reimagine the visitor experience at their venue, and we will continue working hand-in-hand with their team to maximize the impact of their app solution." The relationship with the Pro Football Hall of Fame follows extensive growth for accesso, with last year seeing the company's launch of the cloud-native, scalable, highly flexible accesso Freedom℠ Restaurant & Retail platform and its acquisition of VGS, with the rebranded introduction of the accesso Horizon℠ Ticketing & Visitor Management system. And recently, accesso partnered with California Mountain Resorts Company to revolutionize the skiing experience with the launch of an all-new integrated resort app network. To learn more, please visit: accesso.com. ABOUT ACCESSO TECHNOLOGY GROUP PLC accesso is the leading global provider of patented and award-winning technology solutions that redefine the guest experience, drive increased revenue, streamline operations and support data-driven business decisions for leisure & entertainment operators. Currently serving over 1,000 venues worldwide, accesso invests heavily in research and development to provide venues with technology that empowers them to deliver unforgettable guest experiences. Staffed by a team of attractions and cultural industry veterans, accesso partners with venues to increase their range of on- and off-site guest engagement to drive increased revenue through intuitive ticketing, point-of-sale, virtual queuing, distribution, digital professional services, and experience management technology. Learn more at accesso.com or follow accesso on X (Twitter), LinkedIn and Facebook. ABOUT THE PRO FOOTBALL HALL OF FAME Located in Canton, Ohio, the birthplace of the National Football League, the Pro Football Hall of Fame is a 501(c)(3) not-for-profit institution with the Mission to Honor the Greatest of the Game, Preserve its History, Promote its Values, & Celebrate Excellence Together. The Pro Football Hall of Fame is accredited by the American Alliance of Museums. AAM accreditation is national recognition for the museum's commitment to excellence and the highest professional standards of museum operation and public service. Hundreds of thousands of fans from across the globe travel to Canton annually to experience an inspirational, interactive museum that chronicles America's most popular sport. Fans can also enjoy the Hall of Fame Store at the Hall, and online at www.profootballhof.com/store, for merchandise from all 32 NFL clubs plus the Hall of Fame. Proceeds from the Store support the Hall's Mission.
BEIJING, Feb. 29, 2024 /PRNewswire/ -- A news report by China.org.cn on China's visa-free policy:  A longer Visa-free list signifies how China’s gate is opening wider The day after the Lunar New Year, a charter flight from Kuala Lumpur with 286 Malaysian passengers landed in Shenyang. Meanwhile, according to an online travel platform, flight bookings from China to Kuala Lumpur during the Spring Festival holiday increased 20-fold compared with last year. Netizens commented that the people of China and Malaysia are "switching celebration venues" by spending the holiday in each other's countries. Behind the travel spree, improved visa policies are a significant impetus. Since last year, China has implemented a visa-free policy for France, Germany, Italy, the Netherlands and Spain, and reached mutual visa exemption agreements with Malaysia, Singapore and Thailand. Facilitated by the policies, Chinese tourists' travel bookings to the latter three countries increased by over 30% compared to 2019, while bookings from all the mentioned countries to China doubled against 2019. A longer list of unilateral visa-free and mutual visa exemption countries proves that China is opening its gate wider and wider. If we view things historically, this point becomes even more loud and clear. China used to adopt a rather serious set of visa policies. Later, China gradually began to lower visa thresholds with the tide of globalization. Since 2013, the pace has stepped up. In 2018, a policy that grants visa-free entry to citizens from 59 countries came into effect in Hainan, as the first privilege policy for the Hainan Pilot Free Trade Zone, and more importantly, a pilot for similar policies to be rolled out nationwide. By now, China has reached mutual exemption agreements with 157 countries covering different passport types, and enjoys comprehensive mutual visa exemption with 23 countries. Besides friendlier visa policies, improvements are also being made in various sectors. For example, the China Railway authority has launched online verification services for foreign passport holders; and the People's Bank of China has guided the relevant organizations to upgrade payment services for expats and tourists in China. Ameliorations can be seen in various services concerning foreigners' investment, entrepreneurship, tourism and education in the country. During the past Chinese New Year holiday, more stories were witnessed. A Chinese Singaporean made a spontaneous visit to her Chinese relatives; there was also a French traveler who planned to visit Beijing, but asked her Chinese travel agency to customize her itinerary because she was mesmerized by the ice sculpture version of the "Notre Dame" in Harbin. Visa-free policies as the first step in deepening friendly exchanges and reciprocal collaborations have drawn China and other countries nearer. What's more, improved convenience in systems and services at the disposal of tourists and business people, are also examples of how China is advancing its high-level opening-up, and further driving international communication and collaboration. As China's "friend circle" expands with its visa exemption list, a new spring for the interaction between people from China and other parts of the world will surely be ushered in. China Mosaichttp://chinamosaic.china.com.cn/index.htm A longer Visa-free list signifies how China's gate is opening widerhttp://www.china.org.cn/video/2024-02/29/content_117027626.htm
NEW YORK, Feb. 29, 2024 /PRNewswire/ -- LILYSILK, the world's leading silk brand with a mission to inspire people to live spectacular, sustainable lives, has become Kelly Clarkson's go-to wardrobe choice in 2024 while hosting her eponymous daytime talk show, The Kelly Clarkson Show. The popular Grammy-winning singer has been looking spectacular throughout January and February in several stylish LILYSILK pieces including the Solomon Sweater, Vivi Knit Dress, Polka Dots Georgette Blouse, and the Amalfi Stripe Silk Shirt. Kelly Clarkson has been looking spectacular in several stylish LILYSILK pieces while hosting her eponymous daytime talk show, The Kelly Clarkson Show On January 11, Kelly wowed audiences with a heartfelt performance of Avery Anna's Just Cause I Love You adorned in the elegant Solomon Sweater from the LILYSILK Spring 2023 Collection. Made with 90% silk and 10% cashmere, this turtleneck mid-sleeve shirt feels sumptuous against the skin while helping to shape the body for an elegant look. On January 18, dressed in the sophisticated Black Vivi Knit Dress from LILYSILK paired with golden accessories, Kelly performed En Vogue's classic Don't Let Go (Love). This off-the-shoulder silhouette is made from spun silk yarn, with the pleated skirt designed with rib-knit technique creating a sense of fluidity. On February 9, Kelly was back gracing the stage with a mesmerizing rendition of Mitski's My Love Mine All Mine, this time wearing the Polka Dots Georgette Blouse from the LILYSILK Autumn 2023 Collection. The especially light georgette ensures a comfortable fit and subtle transparency, while the long bow sleeves and decorative ruffles on the button closure add a touch of lightness and freshness. On February 12, Kelly delivered a captivating performance of It Was A Sin by The Revivalists while sporting an Amalfi Stripe Silk Shirt from the LILYSILK Spring 2023 Collection, one of LILYSILK's best-sellers, in a similar style to Jessica Alba and Emma Roberts. The contrast of classic navy blue and natural white vertical bold stripes brings out the beauty of a vivid and standout look, displaying a more premium fashion taste. "Seeing our designs come to life on The Kelly Clarkson Show has been an exhilarating experience. Kelly embodies the timeless appeal and sustainable ethos of our creations, making her the ideal muse for LILYSILK," commented David Wang, CEO of LILYSILK. "It is such a tremendous honor to have our products featured on such a prominent platform and we are eager to continue motivating individuals to incorporate the elegance and environmental consciousness of silk into their everyday lives."
SINGAPORE, Feb. 29, 2024 /PRNewswire/ -- Caravelle International Group (the "Company", Nasdaq: CACO), a trailblazing global ocean technology company, today announced its unaudited and unreviewed financial results for the six months ended April 30, 2023. Half year 2023 Financial Highlights Six Months Ended Year-over- April 30, April 30, Year % In millions, except percentages 2023 2022 Change Total revenues $ 45.10 $ 96.67 (53.35) % Gross margin 7.51 % 22.54 % (66.68) % Income from operation $ 1.36 $ 20.13 (93.24) % Net income $ 1.35 20.15 (93.30) % April 30, October 31, In millions 2023 2022 Cash, cash equivalents and restricted cash $ 9.62 $ 21.57 Mr. Guohua Zhang, Chief Executive Officer of Caravelle International Group, commented "During the six months ended April 31, 2023, the demand for global shipping was weak, which was coupled with a decrease in freight rates. However, we are optimistic about the Company's future. We recently closed a private placement on January 10, 2024 of up to $6.8 million. The Company plans to use part of these proceeds for capital expenditure to launch its CO-Tech wood drying vessels." Caravelle's first digital-intelligent wood drying vessel enters full commissioning phase, we expect this high-margin opportunity to more than offset any continued weakness in our shipping business." Added by Mr. Zhang. Six Months Ended April 30, 2023 Financial Results Total revenue was approximately $45.10 million for the six months ended April 30, 2023, a decrease of 53.35%, as compared to $96.67 for the same period of last fiscal year. The decrease in revenue was primarily attributable to decreased ocean freight prices and less voyage days completed during the six months ended April 30, 2023. Total cost of revenues was approximately $41.71 million for the six months ended April 30, 2023, compared with approximately $74.88 million during the same period of last fiscal year. Gross profit was approximately $3.39 million for the six months ended April 30, 2023, compared to approximately $21.79 million for the same period of last fiscal year. Gross margin as a percent of overall revenue was 7.51% for the six months ended April 30, 2023, compared with 22.54% in the same period of fiscal year 2022. The decrease in gross margin was mainly due to the lower ocean freight price. Total operating expenses increased by approximately $0.36 million, or 21.69%, from approximately $1.66 million for the six months ended April 31, 2022 to approximately $2.02 million for the six months ended April 31, 2023. The increase in Caravelle's operating expenses was primarily due to an increase in general and administrative expenses. Other Income (expenses), net primarily consists of interest expense and others. Other expense, net was $14,926 for the six months ended April 31, 2023, representing an increase of $35,201, as compared to other income of $20,275 for the same period of last fiscal year due to a decrease in other income for the six months ended April 31, 2023. Provision for Income Taxes was nil and $645 for the six months ended April 31, 2023 and 2022, respectively. Topsheen Shipping is eligible and participates under the Maritime Sector Incentive-Approved International Shipping Enterprise (MSI-AIS) award in Singapore. All qualified shipping income derived from the shipping activity in Topsheen Shipping is exempt from taxation for the duration of MSI-AIS approval. Net income was $1.35 million for the six months ended April 31, 2023, compared with $20.15 million for the same period of last fiscal year. The financial statements for the six months ended April 31, 2023 and 2022, herein the press release have not been audited or reviewed by the Company's independent registered accounting firm. The audited financial statements for the year ended October 31, 2023 to be disclosed in the Company's Form 20-F may have discrepancies with the above-mentioned unaudited and unreviewed financial statements. About Caravelle International Group Caravelle is a global ocean technology company. Its business comprises of two sectors: the traditional business in international shipping, operated by the Topsheen Companies (Topsheen Shipping Group Corporation (Samoa) and its subsidiaries) and the new CO-Tech business under Singapore Garden Technology Pte. Ltd. As the traditional business, Caravelle's international shipping business has generated all revenues. The CO-Tech business is a new development building upon the existing shipping business. It enables wood desiccation during the maritime shipping process, with full utilization of the shipping time, space, and the waste heat of exhaust gas from the shipping vessels. Caravelle's CO-Tech industry has no historical operations and has not generated revenue. Caravelle is headquartered in Singapore. Forward Looking Statements This announcement contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words "believe," "expect," "anticipate," "future," "will," "intend," "plan," "estimate" or similar expressions, are "forward-looking statements". Such statements include, but are not limited to risks detailed in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 20-F for the fiscal year ended October 31, 2022. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. All information provided in this press release is as of the date of the publication, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
By Aliens (BA) studio joins The Collective Ace Group (TCAG) BERLIN, Feb. 29, 2024 /PRNewswire/ -- The Collective Ace Group ("TCAG" or "the Group"), is adding By Aliens (BA), a mobile game developer and publisher, to reinforce its one-stop service hub headquartered in Berlin. The Collective Ace Group Acquires Mobile Game Development and Publishing Studio By Aliens The acquisition of By Aliens complements the Group by adding 70+ gaming experts and USD 15 million of annual revenue to the Group. Together with GodSpeed Gaming Solutions and The Most Games, it creates a talent powerhouse of 200+ gaming specialists in the areas of development, QA, live operations, localization, UA, ad monetization and publishing. By Aliens was founded by René Retz together with Javier Parejo and Cayan Appel. The three share a strong entrepreneurial mindset, years of experience in the tech industry and passion for gaming that enabled them to create the very successful casual gaming franchise "Bid Wars". The first game in the series was released in 2015, and the latest, "Bid Wars 3", launched in December 2023, expanding the fan base to 75+ million globally! Josh Harlan, founder of Palm Beach-based private equity firm, Harlan Capital Partners and TCAG's largest investor, said, "We are extremely excited by the deal as it strengthens the Group's offerings along the functions of publishing, user acquisition and growth." Parth Das, founder of TCAG, said, "We had been working with BA for a while before deciding to join forces. The synergies that get unlocked within the Group now are tremendous, allowing us to significantly scale up our operations and target newer markets." René Retz, founder of BA, added, "The Group's vision strongly resonates with us. Over the past years we invested into several studios in Latin America ourselves and which has given us a deep understanding of the value that can be created by extending capabilities to the whole value chain of game development, as well as what goes into being a highly productive partner. TCAG has been doing that over the past few years at a much larger scale and we are thrilled to be contributing to their global strategy and growth." About The Collective Ace Group The Collective Ace Group is a one stop hub providing end to end game development and publishing services across PC, Mobile and Console platforms. The studios in the group have cumulatively worked on more than 2000 games played by a worldwide audience of more than 500 million gamers coming from over 150 countries.
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