Category: Press Releases

Amsterdam, 24 November 2022 – Today, Azerion has announced the acquisition of AdPlay, an Italian based digital advertising platform. Together, the companies will provide advertisers with access to even larger audiences in Italy through exciting new formats and content like digital out of home and first look at highly relevant sports content. At the same time, publishing partners will benefit from the additional revenues and advertising formats Azerion will bring to them.

Umut Akpinar, co-CEO of Azerion, comments: “I am pleased to announce the acquisition of AdPlay and strengthen our advertising business in Italy. The AdPlay team is a perfect fit with our Azerion culture, and their local expertise and experience will add to our ability to help our Italian customers to get the results they need from their advertising budgets. I am also very excited to welcome AdPlay’s Italian partners to the Azerion platform and grow our business together with them as well as extending our connected TV and digital out of home reach in the local market.”

Azerion will integrate AdPlay’s digital cross-media solutions and campaign performance management, adding to its robust current offering in these areas. AdPlay exclusively represents some of the most relevant Italian publishers and has been pioneering the digital out of home market in Italy. Through this acquisition, Azerion will strengthen its position in Italy and increase its relevance as a partner that delivers easy, impactful and affordable access to large and diverse audiences through highly engaging content.

Additionally, AdPlay recently launched Veedly, a dedicated solution focused on the distribution of on-demand multimedia content from the world of sports. Veedly is currently collaborating with the official digital channels of Lega Serie A, allowing for content distribution of various kinds, including highlights of all the Serie A TIM matches, and Coppa Italia Frecciarossa for the next two sports seasons.

The aggregated consideration is a combination of cash and shares. In total, 580,470 treasury shares were transferred to the selling shareholder. The  transaction is effective as of 11th November 2022. AdPlay generated approximately €12 million gross revenue in 2021.

This announcement follows various previous acquisitions in 2022, as Azerion continues to execute on its growth strategy. So far this year, Azerion has acquired an estimated annualised revenue in the range of €100 million to €125 million for a total aggregated consideration (combination of cash and shares) in the range of €90 million to €100 million.

About Azerion

Azerion is a high-growth digital entertainment and media platform. As a content-driven, technology and data company, Azerion serves consumers, digital publishers, advertisers, and game creators globally. Azerion’s integrated platform provides technology solutions to automate the purchase and sale of digital advertising for media buyers and sellers, supported by in-market sales and campaign management teams. Through our technology, content creators, digital publishers and advertisers work with Azerion to reach the millions of people across the globe that play Azerion’s games and view its distributed entertainment content to increase engagement, loyalty, and drive e-commerce.

Founded in 2014 by two Dutch entrepreneurs, Azerion has experienced rapid expansion driven by organic growth and strategic acquisitions. Azerion is headquartered in Amsterdam, the Netherlands and is a publicly traded company listed on Euronext Amsterdam. For more information visit: www.azerion.com.

About AdPlay

AdPlay is a tech media company focused on the development of proprietary solutions for Publishers and Brand advertisers. AdPlay Media Holding is a strategic partner for the implementation of digital transformation and innovation plans, through its owned technologies and tailored consulting services.

Contact
Investor Relations
ir@azerion.com

Media
press@azerion.com

GlobeNewswire Distribution ID 1000768580

TUSK PRODUCT

TUSK PRODUCT ZEN

LONDON, Nov. 24, 2022 (GLOBE NEWSWIRE) — Tusk Inc. Limited (www.tusklimited.com) a company which started in 2012 as a capital management company in the United Kingdom and Kuala Lumpur with offices around the world, and now is one of the leading electrical solution companies which focus on producing for users of mining equipment, solar energy and adapters is announcing is k new products combo. The Product line is mainly for electrical purposes. For any miner bought, it comes with a solar panel, to reduce power consumption. See products here https://tusklimited.com/products

As one of the top Electrical solution companies, Tusk innovation has announced 30% discounts on its combo of mining equipment, which combines a solar panel with a bitcoin miner. With their recent movement from polycrystalline to photovoltaic materials, Tusk inc. has tested over time the efficiency of combining their solar products with cryptocurrency miners, and this has proven to be the most effective. Tusk inc. investors can now with ease, mine their coins without interruptions, lesser risks and maximum profit.

This is an effort to reduce the amount of electricity used when clients mine cryptocurrencies, and it was disclosed by the COO, John Walls, last week. According to Walls, “Reports going around made it evident that the quantity of electricity miners require may be too large to handle, therefore we obtained a plausible option.”

Mining Profits
Although it is admirable and highly profitable for many people to set up cryptocurrency mining farms, speculations are rife that they may incur significant costs, particularly in terms of electricity use. By providing you with a Solar Panel, which is unconnected to your electricity bills and a bitcoin mining device that can perform dual mining tasks, Tusk Inc. has created a long-lasting solution. You can simply mine your coins and not bother about the market’s volatility, while also ignoring power consumption.

Tusk Inc. has distinguished itself from others, in that customers can get crypto wallet development services as well as graphics processing units from the company, which has offices on three continents. It also has extensive experience in Blockchain development and bitcoin mining solutions, among other areas.

About Tusk
Established in 2012 by team of management experts, and later joined by a team of technology experts, Tusk Inc. is now one of the leading electrical solution providers. They pride themselves also in their ability to manage risk effectively, since they have been in the business of managing risks for over a decade. And through several advancements in technology, they have incorporated less risky ventures into the Risk Management system, one of which is cryptocurrency mining, using photovoltaic materials.

John Walls
PR Manager
john@tusklimited.com
(+44)7451214344

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/94500cd7-ba35-4ad9-8179-1f5f89263358

GlobeNewswire Distribution ID 1000768596

New York, U.S.A., Nov. 23, 2022 (GLOBE NEWSWIRE) — The UN Global Compact today released new guidance for business on how they can adapt to minimize climate change risks and impacts on their operations and supply chains in a just and equitable manner.

Just Transition for Climate Adaptation, developed by the Stockholm Environment Institute with inputs from partners and company participants in the Think Lab on Just Transition, introduces Just Transition and how it links to climate adaptation, and makes recommendations for businesses to achieve a fair and inclusive journey to a net-zero and resilient future.

According to the International Labour Organization, a just transition means greening the economy in a way that is as fair and inclusive as possible to everyone concerned, creating decent work opportunities and leaving no one behind. Climate impacts and risks can have knock-on effects along supply chains, affecting businesses, workers, livelihoods and communities. Companies need to engage in adaptation action that avoids redistributing risk or leaving workers, their communities and downstream suppliers behind.

The brief outlines seven recommendations for business to achieve a just transition for climate adaptation:

• Integrate social and environmental objectives into the business strategy through a social dialogue;
• Build coalitions, including with competitors;
• Improve data collection and sharing;
• Strengthen supply-chain resilience;
• Finance a just transition and climate adaptation;
• Partner with local and regional governments to devise adaptation strategies that advance a just transition;
• Advocate for clear division of responsibilities for a just transition, also to support climate adaptation.

Sanda Ojiambo, Assistant Secretary-General and CEO of the UN Global Compact commenting on the release of the guidance said:

“Businesses around the world are already experiencing the impacts of climate change from disrupted production, broken supply chains to increased costs. Implementing climate adaptation strategies can create new jobs, new innovations and new opportunities for business but only if it is done in a way that is inclusive and enables everyone to thrive. ”

Richard Klein, IPCC Lead Author and Team Leader, International Climate Risk and Adaptation at the Stockholm Environment Institute, and co-author of the guidance, said:  “Climate change risks and impacts expose vulnerabilities for most businesses today. A just transition for climate adaptation can help businesses integrate environmental and social work into their core business strategy and ensure long-term resilience for companies, their workers as well as local communities.”

For details and additional insights, please read the Brief.

Notes to Editors 

About the Think Lab on Just Transition

The Think Lab on Just Transition aims to shape and define business and thought leadership on critical areas linked to just transition; address key business challenges; identify policy advocacy opportunities and good business practices; and scale-up learnings through the UN Global Compact’s network. 27 company participants from across the globe include A.P. Møller – Mærsk, Accenture, AIA Group, CEMEX, DP World, Enara Capital, Enel SpA, Garanti BBVA, Iberdrola, Johnson Controls, Lenovo Group, LONGi, Mahindra Group, Majid Al Futtaim, Meta, Microsoft, Moody’s Corporation, National Australia Bank, Nestlé, Novozymes A/S, Ørsted, ReNew Power Pvt. Ltd., Sappi Southern Africa Ltd., TriCiclos, Unilever, Wipro Ltd. and Woolworths Holdings Limited. The partners of the Think Lab include UN Climate Change (UNFCCC), UN Environment Programme (UNEP), International Labour Organization, International Trade Union Confederation (ITUC) and its Just Transition Center, CDP, Duke University, Institute for Human Rights & Business (IHRB), International Organization of Employers (IOE), International Renewable Energy Agency (IRENA), Principles for Responsible Investment (PRI), Stockholm Environment Institute (SEI), Sustainable Energy for All (SEforALL), The B Team, UNICEF and World Resources Institute (WRI). Think Lab activities leverage synergies with the UN Global Compact’s “CFO Coalition for the SDGs” and the “Just Transition Maritime Task Force”.

About the United Nations Global Compact

As a special initiative of the UN Secretary-General, the United Nations Global Compact is a call to companies everywhere to align their operations and strategies with Ten Principles in the areas of human rights, labour, environment and anti-corruption. Our ambition is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the Sustainable Development Goals through accountable companies and ecosystems that enable change. With more than 15,000 companies and 3,000 non-business signatories based in over 160 countries, and 69 Local Networks, the UN Global Compact is the world’s largest corporate sustainability initiative — one Global Compact uniting business for a better world.

For more information, follow @globalcompact on social media and visit our website at unglobalcompact.org

Contact

Alex Gee
UN Global Compact
gee@unglobalcompact.org 
media@unglobalcompact.org

United Nations Global Compact
(212) 907-1301
media@unglobalcompact.org

GlobeNewswire Distribution ID 8702885

OKX Proof of Reserves Page

OKX has launched a Proof of Reserves web page

• OKX is rolling out both a Proof of Reserves page on its website that shows its latest reserve ratios and a Self-audit tool that allows users to verify that their assets are backed 1:1
• The exchange is also launching an Independent Custodial Wallet that allows institutional clients to secure their assets separately from its reserves and hold the keys to their funds

VICTORIA, Seychelles, Nov. 23, 2022 (GLOBE NEWSWIRE) — OKX, the world’s second-largest crypto exchange by trading volume, has launched three new leading offerings that are granting its retail and institutional users greater visibility into their assets, and what is backing them, as well as greater control over their funds.

OKX today launched the new Proof of Reserves (PoR) page on its website. OKX has always maintained 1:1 reserves, and this page demonstrates that fact and explains why PoR is important. In addition to providing information on how proof of reserves works, the page provides instructions including how users can verify that their assets have become a “Merkle leaf” in the Merkle tree data structure. The page also provides information on OKX’s PoR audits and its latest reserve ratios across tokens.

To take transparency and user empowerment even further, OKX will this week be launching a self-audit feature that allows users to verify that their funds are backed by reserves based on data provided by the most recent snapshot. Currently, the self-audit feature supports Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with more assets set to be added over time. OKX will conduct regular proof of reserves audits to update its reserve balances and the status of user assets within its reserves.

OKX is also set to become the first exchange to launch an Independent Custodial Wallet service for institutional and high-net worth clients¹. In the coming weeks the company will roll out an independent custodial wallet that will allow users to secure their assets separately from its reserves, view and track their wallet balances in real-time, and hold the private keys to their funds. This will give users greater visibility and control over their assets.

Lennix Lai, Director of Financial Markets, OKX, said: “Our new proof of reserves page and self-audit feature give users the ability to verify that their assets are 100% backed. Third-party audits are also being conducted to provide additional reassurance on top of this. We believe that a far greater degree of transparency needs to be brought to our industry to allow us to build back stronger after recent events.”

OKX’s number one priority is to ensure that the funds of its 20+ million customers worldwide are safe and secure at all times. It has always maintained 1:1 reserves and prides itself on its long-standing reputation for best-in-class security.

For further information, please contact:
Media@okx.com

About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.

As a top partner of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

Beyond OKX’s exchange, the OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

To learn more about OKX, download our app or visit: okx.com

_____________________________
¹ Eligibility criteria apply

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7963fd20-7a8e-4558-a6ea-483b8c0c5bfc

GlobeNewswire Distribution ID 8702631

Users can now seamlessly run real-time and automation testing of the newly-launched series on real devices or emulators

San Francisco, Nov. 23, 2022 (GLOBE NEWSWIRE) — LambdaTest, the leading continuous quality testing cloud platform, has launched support for testing on Samsung Galaxy Z Fold4 and Samsung Galaxy Z Flip4 phones. Users, through real devices or emulators, can run real-time and automation testing on the latest series and ensure that they cover all bases and provide the best customer experience.

The Samsung Galaxy Z Fold4 and Samsung Galaxy Z Flip4 phones are among the latest phones out of the Samsung stable. Their unique design has already captured the minds of tech-savvy users, however, for digital enterprises, testing on these phones isn’t as straightforward as compared to the other phones.

“The Samsung Galaxy Z Fold4 and Samsung Galaxy Z Flip4 phones have become very popular among digital-savvy customers. However, for digital businesses, testing on these devices throws up unique challenges due to their design. One needs to think from a customer’s perspective and test a variety of new scenarios depending on the use case,” said Mayank Bhola, cofounder and head of product, LambdaTest. “We, at LambdaTest, are deeply committed to ensuring that we have the latest offerings— be it a new phone, OS, or browser version—ready for our customers to test on as soon as possible.”

LambdaTest has also recently launched HyperExecute, a next-gen smart test execution and orchestration platform that helps testers and developers run end-to-end automation tests at the fastest speed possible.

To know more, visit: https://www.lambdatest.com/test-on-galaxy-z-fold-4

About LambdaTest

LambdaTest is a continuous quality testing cloud platform that helps developers and testers ship code faster. Over 10,000+ customers and 1+ million users across 130+ countries rely on LambdaTest for their testing needs.

LambdaTest platform provides secure, scalable, and insightful test orchestration for customers at different points in their DevOps (CI/CD) lifecycle:-

● Browser & App Testing Cloud allows users to run both manual and automated tests of web and mobile apps across 3000+ different browsers, real devices, and operating system environments.

● HyperExecute helps customers run and orchestrate test grids in the cloud for any framework and programming language at blazing-fast speeds to cut down on quality test time, helping developers build software faster.

For more information, please visit, https://lambdatest.com

For further information please contact the LambdaTest press office: Bilal Mahmood on press@lambdatest.com or +44 (0) 20 3640 7759 and +44 (0) 771 400 7257.

GlobeNewswire Distribution ID 8702453