Park Place Technologies Acquires SDV Solutions

Park Place acquires trusted U.S. Government TPM services provider.

CLEVELAND, OH, March 26, 2024 (GLOBE NEWSWIRE) — Park Place Technologies, the world’s leading data center and networking optimization firm, has acquired Virginia-based SDV Solutions, which provides client-centric data center infrastructure solutions exclusively to Federal Government agencies.

Founded in 2004 by Service-Disabled Veteran and current Owners Mike McMahan (U.S. Air Force) and Erin McMahan, SDV is a multi-OEM, independent third-party services provider exclusively to the U.S. Federal Government. Mike McMahan will remain with Park Place to ensure clients have a consistent and trusted team supporting the most critical missions of the U.S. Government.

“SDV has always been about teamwork, efficient service to Government clients, and exceeding performance expectations,” McMahan said. “We will now be able to offer our Federal clients a larger breadth of Hardware Maintenance, Managed Services and Professional Services. Park Place will help government agencies accomplish more with their budgets, get longer life from IT assets, and carry forward SDV’s legacy of trust and high-level security.”

Park Place helps more than 21,000 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster. From procurement to decommissioning, Park Place’s comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future.

Chris Adams, Park Place Technologies President and CEO, said SDV’s reputation and business practices make it an important addition for Park Place’s established Federal client base.

“We have been firmly entrenched in the Federal space and continue to foster long-term relationships at the highest levels,” Adams said. “The trust and unquestioned dedication SDV is known for will be joined with our mission to optimize government data center budgets, productivity, performance, and sustainability.”

SDV’s Channel partners will have access to Park Place’s decades-long platforms of partner incentives, Federal-adherent processes, U.S.-based supply chain and deeper depth of security-cleared field engineers.

“SDV and Park Place will do more than maintain current standards; we will strengthen our services and provide options that will solidify our place as the U.S. Government’s most-trusted data center maintenance and optimization firm,” McMahan said.

Agile Equity provided exclusive investment banking transaction services to SDV Solutions.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. Park Place’s industry-leading and award-winning services portfolio includes Park Place Hardware Maintenance™, Park Place Professional Services™, ParkView Managed Services™, Entuity Software ™ and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

Attachment

Michael Miller
Park Place Technologies
4409915509
mmiller@parkplacetech.com

GlobeNewswire Distribution ID 9079019

Ambiq Apollo510 Delivers 30x Power Efficiency Improvement to Unleash Endpoint AI

The next-generation Apollo pairs vector acceleration with unmatched power efficiency to enable most AI inferencing on-device without a dedicated NPU

Ambiq Apollo510 PR KV

Ambiq Apollo510 PR KV

Feature Highlights

  • Apollo510, based on Arm Cortex-M55, delivers 30x better power efficiency and 10x faster performance compared to previous generations
  • The ability to do AI/ML workloads concurrent with complex graphics, telco-quality voice applications, and always-on voice/sensor processing
  • 4 MB on-chip NVM, 3.75 MB on-chip SRAM, and high bandwidth interfaces to off-chip memories
  • 2.5D GPU with vector graphics acceleration for vibrant, crystal-clear, and smooth graphics, a 3.5x overall performance enhancement over the Apollo4 Plus family
  • Support for Memory in Pixel (MiP) displays, typically found in the lowest-power products
  • Robust security on Ambiq’s secureSPOT® platform with Arm TrustZone technology

AUSTIN, Texas, March 26, 2024 (GLOBE NEWSWIRE) — Ambiq, a technology leader in exceptionally energy-efficient semiconductors for IoT devices, is introducing the new Apollo510, the first member of the Apollo5 SoC family, which is uniquely positioned to kickstart the age of truly ubiquitous, practical, and meaningful AI.

The Apollo510 MCU is a complete overhaul of hardware and software that fully leverages the Arm® Cortex®-M55 CPU with Arm Helium™ to reach processing speeds up to 250MHz. The Apollo510 achieves up to 10x better latency while reducing energy consumption by around 2x, compared to Ambiq’s previous power efficiency leader, the Apollo4. This desirable combination of performance and efficiency allows our customers to deploy sophisticated speech, vision, health, and industrial AI models on battery-powered devices everywhere, making it the most efficient semiconductor on the market to operate with the Arm Cortex-M55.

“We at Ambiq have pushed our proprietary SPOT platform to optimize power consumption in support of our customers, who are aggressively increasing the intelligence and sophistication of their battery-powered devices year after year,” said Scott Hanson, Ambiq’s CTO and Founder. The new Apollo510 MCU is simultaneously the most energy-efficient and highest-performance product we’ve ever created.”

Apollo510 Preliminary AI Results Graph

Apollo510 Preliminary AI Results Graph

“As applications across health, industrial, and smart home continue to advance, the need for secure edge AI is crucial for next generation devices,” said Paul Williamson, SVP and GM, IoT Line of Business at Arm. “Ambiq’s new family of SoCs, built on Arm, will deliver significant performance gains for on-device AI, helping developers and device manufacturers deliver the capabilities required for the AI era.”

With more than 30x energy improvement, the Apollo510 is capable of running a vast majority of today’s endpoint AI calculations, including low-power sensor monitoring, always-on voice commands, telco-quality audio enhancement, and more. Manufacturers of IoT devices that perform AI/ML inferencing, such as next-gen wearables, digital health devices, AR/VR glasses, factory automation, and remote monitoring devices, can greatly expand their power budget while adding more capabilities to their devices through the Apollo510’s SPOT-optimized design.

Apollo510 contains everything needed for driving intelligent systems: ultra-efficient compute, expansive on-chip memories, high-bandwidth interfaces to off-chip memories, and security. Arm Helium technology on Apollo510 supports up to 8 MACs per cycle as well as half, full, and double precision floating point operations, making it ideal for AI calculations in addition to general signal processing operations. Apollo510 also improves its memory capacity over the previous generation with 4 MB of on-chip NVM and 3.75 MB of on-chip SRAM and TCM, so developers have smooth development and more application flexibility. For extra-large neural network models or graphics assets, Apollo510 has a host of high bandwidth off-chip interfaces, individually capable of peak throughputs up to 500MB/s and sustained throughput over 300MB/s.

Building upon Ambiq’s secureSPOT platform, Apollo510 integrates Arm TrustZone technology with a physical unclonable function (PUF), tamper-resistant OTP, and secure peripherals. These enhancements help designers establish a trusted execution environment (TEE) to develop secure, robust applications and scale their products faster.

IoT endpoint device manufacturers can expect unrivaled power efficiency to develop more capable devices that process AI/ML functions better than before. Targeted applications and industries include wearables, digital health, agriculture, smart homes and buildings, predictive maintenance, factory automation, and more.

The Apollo510 MCU is currently sampling with customers, with general availability in Q4 this year. It has been nominated by the 2024 embedded world community under the Hardware category for the embedded awards.

Meet us at the Embedded World Exhibition and Conference on April 9- 11, 2024, for a live product demonstration.

About Ambiq
Ambiq’s mission is to develop the lowest-power semiconductor solutions to enable intelligent devices everywhere and drive a more energy-efficient, sustainable, and data-driven world. Ambiq has helped leading manufacturers worldwide develop products that last weeks on a single charge (rather than days) while delivering a maximum feature set in compact industrial designs. Ambiq’s goal is to take Artificial Intelligence (AI) where it has never gone before in mobile and portable devices, using Ambiq’s advanced ultra-low power system on chip (SoC) solutions. Ambiq has shipped more than 230 million units. For more information, visit www.ambiq.com.

Contact
Charlene Wan
VP of Branding, Marketing, and Investor Relations
cwan@ambiq.com
+1.512.879.2850

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/d64aa7b3-31bb-457a-8a24-8fed2fbbea57

https://www.globenewswire.com/NewsRoom/AttachmentNg/998624f8-ab5f-46a8-89df-53e125d82767

GlobeNewswire Distribution ID 9079062

Florida-Based Cybersecurity Company Launches Australian Data Centre

ThreatLocker Expands Endpoint Security Services and Data Infrastructure to Australia

Sydney, March 25, 2024 (GLOBE NEWSWIRE) — Leading cybersecurity solution provider, ThreatLocker, proudly announces the launch of its advanced data centre in Sydney, Australia, just over a year after the grand opening of its second headquarters in Dublin, Ireland. This strategic move aims to enhance cybersecurity capabilities across various sectors in Australia, including the private sector, commonwealth, state, territory, and local governments.

The expansion of ThreatLocker will assist Australian entities in complying with the urgently recommended Australian Cyber Security Strategy implemented by the Australian Government. Additionally, ThreatLocker offers Zero Trust Application Controls and Ringfencing capabilities that align almost any organization with requirements presented by the Australian Cyber Security Centre’s Essential Eight Maturity Model.

Commenting on the extension of their security footprint, ThreatLocker Chief Executive Officer and Co-Founder Danny Jenkins said, “Zero Trust is a mindset, and I admire the Australian government’s holistic approach, involving the wider community to tackle a modern-day threat.”

Jenkins continued, “As one of the top vendors assisting businesses with Essential Eight guidelines, we are thrilled to strengthen our collaboration with Australia through this centre, bolstering their data protection and compliance initiatives.”

ThreatLocker, founded in 2017 by CEO Danny Jenkins, COO Sami Jenkins, and VP of Quality Assurance John Carolan, protects over 2 million endpoints across more than 40,000 organizations globally. The company provides 24/7/365 support with an average response time of 60 seconds or less. ThreatLocker offers a powerful Zero Trust endpoint protection platform that enables organizations to stop ransomware and other cyberattacks by controlling what software can run in their environments. The combined solutions of ThreatLocker, including Application Allowlisting, Ringfencing™, Storage Control, Elevation Control, and Endpoint Network Control, lead the cybersecurity market toward a more secure approach by blocking the exploits of unknown application vulnerabilities.

Attachment

Spencer Ford
ThreatLocker Inc.
press@threatlocker.com

GlobeNewswire Distribution ID 9067557

To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis

To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis
KFSH&RC-Riyadh

To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis

RIYADH, Saudi Arabia, March 25, 2024 (GLOBE NEWSWIRE) — In a ground-breaking development, scientists at King Faisal Specialist Hospital and Research Centre (KFSH&RC) have identified a new species of bacteria, referred to as “Stenotrophomonas Riyadhensis” through the application of whole-genome sequencing (WGS) technology. This discovery signifies a major advancement in understanding how bacteria interact with existing drugs, paving the way for innovative therapeutic strategies. Such efforts are essential in the global fight against antibiotic-resistant bacteria, highlighting KFSH&RC’s advanced research capabilities and its leading role in fostering scientific discoveries and enhancing patient care.

The discovery of “Riyadhensis” reinforces the potential of genomic tests in innovating promising diagnostic and therapeutic methods, as well as deepening the understanding of bacterial resistance mechanisms, particularly in sensitive environments like intensive care units (ICU) and among patients with compromised immune systems. This represents substantial progress in combating antibiotic resistance, developing pharmaceuticals, and preventing the spread of diseases.

This newly identified bacteria was discovered amid an in-depth investigation into a suspected outbreak in the ICU of KFSH&RC in 2019, highlighting challenges previously unrecognized by the global scientific and medical communities in pinpointing and countering new bacterial strains. Initially thought to be a variant of Pseudomonas aeruginosa, a disease-causing bacterium known for its resistance to antibiotics, subsequent WGS analysis revealed it did not share the common characteristics of the Pseudomonas genus. Instead, Riyadhensis was found to belong to the Stenotrophomonas family, with a unique genetic composition and morphological traits, unlike any other scientifically recognized members.

Dr. Ahmad Al Qahtani, Head of the Infectious Disease and Immunity Department at The research center of KFSH&RC stated: “Traditional bacterial identification methods may lead to misidentification, in contrast, WGS analysis offers a precise and targeted approach that ensures accurate identification and provides detailed insights into resistance mechanisms, proving its significance in disease outbreak investigations and patient care improvements.”

Dr. Reem Almaghrabi, Head of Transplant Infectious Diseases at the Organ Transplant Centre of Excellence at KFSH&RC highlighted the discovery’s importance in advocating for continuous monitoring and the use of advanced technologies like WGS in developing faster and more accurate diagnostic methods. Furthermore, this approach lays the groundwork for scientific collaboration at all levels, enhancing global efforts to combat antibiotic resistance.

Understanding the nuances of new bacterial species, particularly their antibiotic resistance, is crucial in modern healthcare and serves as the primary means of combating bacterial infections. As these bacteria continuously evolve their resistance, they pose a significant and ongoing threat to human health.

It is noteworthy that KFSH&RC has been ranked first in the Middle East and Africa, and 20th globally, in the list of the top 250 healthcare institutions worldwide for the second consecutive year, according to the 2024 Brand Finance rankings. Additionally in the same year, it was ranked among the world’s best hospitals by the prestigious Newsweek magazine.

King Faisal Specialist Hospital & Research Centre stands among the global leaders in providing specialized healthcare, driving innovation, and serving as an advanced hub for medical research and education. Through strategic partnerships with prominent local, regional, and international institutions, the hospital is dedicated to advancing medical technologies and elevating the standards of healthcare worldwide.

About King Faisal Specialist Hospital & Research Centre (KFSH&RC):

King Faisal Specialist Hospital & Research Centre (KFSH&RC) stands as a leading healthcare institution in the Middle East, envisioned to be the optimal choice for every patient seeking specialized healthcare. The hospital boasts a rich history in the treatment of cancers, cardiovascular diseases, organ transplantation, neurosciences, and genetics.

In 2024, “Brand Finance” ranked King Faisal Specialist Hospital & Research Centre as the top Academic Medical Centre in the Middle East and Africa, and among the top 20 globally. Additionally, in 2024, it was recognized as one of the World’s Best Hospitals by Newsweek magazine, and ranked # 1 in KSA.

As part of Saudi Vision 2030, a royal decree was issued on December 21, 2021, to transform the hospital into an independent, non-profit, government-owned entity, paving the way for a comprehensive transformation program aimed at achieving global leadership in healthcare through excellence and innovation.

CONTACT INFORMATION

For more information, please contact:

Mr. Essam Al-Zahrani, Media Affairs Acting Head, 0555254429

Mr. Abdullah Al-Awn, Senior Media Editor, 0556294232

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c4299c01-0079-498b-8350-bd085d769150

GlobeNewswire Distribution ID 9078638

Zoom launches Zoom Workplace in AWS Marketplace

SAN JOSE, Calif., March 25, 2024 (GLOBE NEWSWIRE) — Today, Zoom announced that Zoom Workplace, Zoom’s AI-powered collaboration platform, is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). Now customers can seamlessly purchase Zoom Workplace products –- such as Meetings, Team Chat, Phone, Whiteboard, Spaces — as well as Zoom Contact Center and Revenue Accelerator in AWS Marketplace.

Building on Zoom’s more than two years of success serving the Public Sector as an AWS independent software vendor (ISV), Zoom recognizes that it is crucial to equip customers with the right resources and opportunities to enhance their collaboration and communications in today’s digital-first world. This streamlined purchasing option of Zoom Workplace can help AWS customers consolidate their technology purchasing and billing of Zoom solutions, discover partners that can facilitate deployment, and maximize their usage of AWS committed resources.

“By making Zoom available through a private offer in AWS Marketplace, we are able to reach more customers and are better equipped to enable IT teams to consolidate their technology,” said Graeme Geddes, chief growth officer at Zoom. “At Zoom, we are excited to build upon our already strong relationship with AWS and work together further to help meet the business and technology needs of our customers.”

Zoom incorporates over 40 different AWS services, including compute, storage, and encryption capabilities. Zoom’s Customer Managed Key offering allows customers to bring their own encryption keys using AWS Key Management Service to help protect certain data. Additionally, AWS AppFabric integrates with the Zoom Developer Platform to help businesses break down data silos, improve cross-application workflows, enhance security observability, and support employee productivity. In 2023, AWS named Zoom as a NAMER finalist for its 2023 Geo and Global AWS Partner Award within the Education Partners of the Year category.

For Zoom channel partners that already participate in the Channel Partner Private Offer (CPPO) feature in AWS Marketplace, please reach out to your Zoom point of contact to express interest in working with Zoom on this in the future.

To access Zoom Workplace in AWS Marketplace, please visit this link.

Some features and products may not be available for all regions and industry verticals at launch.

About Zoom
Zoom’s mission is to provide one platform that delivers limitless human connection. Zoom Workplace — the company’s AI-powered, open collaboration platform built for modern work — will streamline communications, increase employee engagement, optimize in-person time, improve productivity, and offer customer choice with third-party apps and integrations. Zoom Workplace, powered by Zoom AI Companion, will include collaboration solutions like meetings, team chat, phone, scheduler, whiteboard, spaces, Workvivo, and more. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more info at zoom.com.

Zoom Public Relations
Bridget Moriarty
press@zoom.us

GlobeNewswire Distribution ID 9078508

Zoom and Avaya announce new strategic partnership to deliver enhanced collaboration experiences

Avaya selects Zoom‘s AI-powered collaboration platform, Zoom Workplace, to integrate with Avaya’s Communication and Collaboration Suite to help enterprises reimagine teamwork

SAN JOSE, Calif. and MORRISTOWN, N.J., March 25, 2024 (GLOBE NEWSWIRE) — Today, Zoom and Avaya announced a strategic partnership designed to deliver enhanced collaboration experiences to global enterprises. As part of the partnership, Avaya selected Zoom Workplace — Zoom’s AI-powered collaboration platform that will include meetings, team chat, scheduler, whiteboard, spaces, and more — to integrate with Avaya’s Communication & Collaboration Suite, providing customers with a new, streamlined way to manage their communications environments and workflows.

Additionally, Avaya will offer the integrated Zoom Workplace solution and will deliver an enhanced collaboration experience to its base, which boasts some of the industry’s largest enterprise customers.

Adding innovation value without disruption
Avaya customers can gain additional value from their existing investments in Avaya private cloud and premise-based solutions while also leveraging Zoom’s user experience and interface to power their collaboration needs.

“Today’s enterprises are seeking to benefit from the latest AI-powered innovations to help differentiate, accelerate, and grow, all while integrating new levels of performance with minimal disruption to existing core systems,” said Alan Masarek, Avaya CEO. “By partnering with Zoom, we can deliver on the promise of ‘innovation without disruption’ for Avaya customers, providing added value to enterprises through world-class collaboration experiences within the Avaya platform.”

“Zoom was built to offer a sophisticated yet easy-to-use product, and as Zoom has expanded to include hundreds more products and features, as well as generative AI integrated throughout, delivering an exceptional user experience is still core to who we are and something we continue to invest heavily in,” Eric S. Yuan, Zoom founder and CEO. “Customers and partners like Avaya continue to look to Zoom to power their collaboration needs because of its speed of innovation and because it just works. We are excited to deliver that same experience to the thousands of Avaya customers who will benefit from a simple yet powerful way to collaborate.”

Enhanced collaboration with Zoom and Avaya
Existing Avaya customers will retain their investments in Avaya’s solutions and devices while benefiting from Zoom’s AI-powered collaboration platform, Zoom Workplace.

Working together, Zoom and Avaya’s partnership is designed to deliver a joint solution that will provide an enhanced collaboration user experience for Avaya customers, including:

  • Interoperability between platforms and devices, enabling users to work in Zoom Workplace while also leveraging their existing investments in Avaya’s Communication & Collaboration Suite solutions — Avaya Aura and Avaya Enterprise Cloud — without disrupting investments in existing customizations, workflows, or infrastructure.
  • Access to Zoom AI Companion, Zoom’s generative AI digital assistant.
  • Collaboration solutions such as Zoom Team Chat, Zoom Scheduler, Zoom Whiteboard, flexible spaces, and more.

The new Avaya and integrated Zoom Workplace experience and device interoperability will be available to Avaya customers globally in the coming months. More details around the joint solution will be shared later this spring.

About Zoom

Zoom’s mission is to provide one platform that delivers limitless human connection. Zoom Workplace — the company’s AI-powered, open collaboration platform built for modern work — will streamline communications, increase employee engagement, optimize in-person time, improve productivity, and offer customer choice with third-party apps and integrations. Zoom Workplace, powered by Zoom AI Companion, will include collaboration solutions like meetings, team chat, phone, scheduler, whiteboard, spaces, Workvivo, and more. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships across all stages of the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more info at zoom.com.

About Avaya
Businesses are built by the experiences they provide, and every day, millions of those experiences are delivered by Avaya. Organizations trust Avaya to provide innovative solutions for some of their most important ​ambitions and ​challenges,​ ​giving them the freedom to engage their customers and employees in ways that deliver the greatest business benefits. Avaya contact center and communications solutions power immersive, personalized, and unforgettable customer experiences that drive business momentum. With the freedom to choose their journey, there’s no limit to the experiences Avaya customers can create. Learn more at https://www.avaya.com.

Forward-Looking Statements
This press release contains express and implied “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected benefits of Avaya using Zoom as its exclusive collaboration platform and product features and investments. In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “will,” “would,” “should,” “could,” “can,” “predict,” “potential,” “target,” “explore,” “continue,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. By their nature, these statements are subject to numerous uncertainties and risks, including factors beyond Zoom’s control, that could cause actual results, performance or achievement to differ materially and adversely from those anticipated or implied in the statements, including those described under the caption “Risk Factors” and elsewhere in Zoom’s most recent filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the fiscal quarter ended July 31, 2023. Forward-looking statements speak only as of the date the statements are made and are based on information available to Zoom at the time those statements are made and/or management’s good faith belief as of that time with respect to future events. Zoom assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law.

Zoom Public Relations
Candace Dean
press@zoom.us

Avaya Public Relations
Alex Alias
alalias@avaya.com

GlobeNewswire Distribution ID 9078503