Category: Press Releases

NEW YORK, Jan. 03, 2024 (GLOBE NEWSWIRE) — CertiK, the industry leader in blockchain security, today announced the release of its annual flagship publication. Hack3d: The Web3 Security Report for 2023 is a comprehensive report that offers an unprecedented deep dive into the security incidents, vulnerabilities, and trends that have defined the landscape of blockchain and smart contract security over the past year.

Hack3d reports are the most detailed and authoritative security reports in the industry, providing the Web3 community the most comprehensive statistics on hacks, scams, and exploits. This year’s edition analyzes the 51% decrease in financial losses due to security breaches, down to $1.84 billion across 751 incidents from 2022’s total of $3.7 billion. In the report, CertiK evaluates whether this decline is an outcome of decreased asset valuations or a true reflection of improved security practices in the Web3 space.

Key highlights from Hack3d 2023 include:

• Q3 saw the most losses, at $686,558,472, from 183 hacks, scams, and exploits.
• Private key compromises were the most costly attack vector, with $880,892,924 lost in just 47 incidents. This represents nearly half of all financial losses, though just 6.3% of all security incidents.
• Security breaches affecting multiple chains accounted for $799 million of losses in just 35 incidents, highlighting the persistent pain-point that is cross-chain interoperability.
• In-depth examinations of significant events, including “retroactive bug bounty” negotiations, a major hardware wallet backend compromise, and the evolving landscape of institutional adoption in Web3.

CertiK’s Hack3d 2023 goes beyond presenting raw data, offering insightful analysis on how these security breaches have impacted the broader Web3 ecosystem. It features detailed explorations of new developments, such as the increasing trend in sophisticated negotiation tactics by hackers and the continuous quest for institutional adoption in the blockchain space.

“This year’s report is indispensable for everyone invested in the Web3 world,” said Prof. Ronghui Gu, co-founder of CertiK. “From blockchain developers and crypto investors to policymakers and digital currency enthusiasts, Hack3d 2023 serves as a crucial guide for navigating the complexities and opportunities of this rapidly evolving industry.”

Hack3d 2023 not only recaps significant security events of the past year but also provides forward-looking projections and insights, helping stakeholders prepare for the challenges and opportunities ahead.

Hack3d 2023 is now freely available on CertiK’s website.

Contact:

Elisa Yiting Xu
yiting.xu@certik.com

Jesse Leclere
jesse.leclere@certik.com

GlobeNewswire Distribution ID 9011833

Maine’s largest bank chooses innovative technologies from cloud banking leader to modernize point-of-sale and support fully remote online notarization

WILMINGTON, N.C., Jan. 03, 2024 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the implementation of its mortgage origination and closing solutions from nCino’s Mortgage Suite by Camden National Bank.

Camden National Bank is a nationwide lender with branches predominantly concentrated in Maine and Massachusetts. The Bank’s replacement of its legacy mortgage point-of-sale (POS) technology with digital solutions from nCino’s Mortgage Suite is the latest in a series of modernization efforts aimed at providing superior flexibility and convenience for loan originators and customers.

“Loan originators are now equipped with better, easier, and faster access to their loans, allowing them to better connect with customers — all from their phones. Similarly, customers can connect with us from any mobile device and can even start an application on one device and jump to another to finish it,” said James Dell’Anno, Senior Vice President, Director of Mortgage Banking and Consumer Lending at Camden National Bank.

The transition to nCino’s Mortgage Suite has also made it easier for the Bank to accept digitally signed loan documents instead of requiring wet-signed paperwork, which in turn will allow Camden National Bank to offer solutions that support remote online notarization (RON) closings, a notarization method recently authorized by newly enacted legislation in Maine and Massachusetts.

“nCino’s native support for eSigning and eNotarization puts us ahead of competitors in providing faster, more convenient closings customers prefer. Customers can join from wherever they are — at work, between errands, or from their kitchen table,” Dell’Anno added.

“We are pleased to partner with Camden National Bank to improve accessibility and convenience for its loan originators and customers,” said Ben Miller, Executive Vice President U.S. Mortgage at nCino. “These solutions not only modernize and automate the Bank’s mortgage processes, they also help position Camden National Bank to be a regional leader in fully online closings.”

About nCino
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. Through its single software-as-a-service (SaaS) platform, nCino helps financial institutions serving corporate and commercial, small business, consumer, and mortgage customers modernize and more effectively onboard clients, make loans, manage the loan lifecycle, and open accounts. Transforming how financial institutions operate through innovation, reputation and speed, nCino is partnered with more than 1,850 financial services providers globally. For more information, visit www.ncino.com.

Media Contacts
Natalia Moose
Press@ncino.com

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC’s web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.

GlobeNewswire Distribution ID 9011602

WILMINGTON, Del., Jan. 03, 2024 (GLOBE NEWSWIRE) — Enovis Corporation (NYSE: ENOV, “Enovis” or the “Company”) an innovation-driven, medical technology growth company, today announced that it closed the acquisition of LimaCorporate S.p.A. (“Lima”), a privately held global orthopedic leader focused on restoring motion through an innovative portfolio of implant solutions.

Lima strengthens Enovis’ position in the global orthopedic reconstruction market with a complementary portfolio of proven surgical solutions and technologies, which will accelerate global growth and margin expansion. In addition, Lima’s portfolio includes 3D printed Trabecular Titanium implants and a comprehensive revision offering in shoulders, which will further strengthen the Company’s position in the fast-growing extremities market.

“We are excited to welcome Lima’s talented team to Enovis. The combination brings Enovis’ recon segment to $1 billion in revenues and creates a fast-growing innovator in the global orthopedic reconstruction market. This is another great example of how we use strategic acquisitions to accelerate our growth, add great technologies and talent to our company, and drive compounding value for our shareholders,” said Matt Trerotola, Chair, and Chief Executive Officer of Enovis.

About Enovis Corporation
Enovis Corporation (NYSE: ENOV) is an innovation-driven medical technology growth company dedicated to developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows. Powered by a culture of continuous improvement, global talent, and innovation, the Company’s extensive range of products, services, and integrated technologies fuels active lifestyles in orthopedics and beyond. The Company’s shares of common stock are listed in the United States on the New York Stock Exchange under the symbol ENOV. For more information about Enovis, please visit www.enovis.com

Forward-Looking Statements
This press release includes forward-looking statements, including forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements regarding the Company’s plans, objectives, expectations and intentions and other statements that are not historical or current fact. Forward-looking statements are based on the Company’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause the Company’s results to differ materially from current expectations include, but are not limited to, risks and uncertainties regarding the Company’s and Lima’s respective businesses, and actual results may differ materially. These risks and uncertainties include, but are not limited to, the effects of the acquisition on the Company’s and Lima’s operations, including on the combined company’s future financial condition and performance, operating results, strategy and plans, including anticipated tax treatment, unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, synergies, economic performance, indebtedness, losses, future prospects, and business and management strategies for the management, expansion and growth of the new combined company’s operations; the potential impact of the consummation of the acquisition on relationships with customers, suppliers and other third parties; and the other factors detailed in the Company’s reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q under the caption “Risk Factors,” as well as the other risks discussed in the Company’s filings with the SEC. In addition, these statements are based on assumptions that are subject to change. This press release speaks only as of the date hereof. The Company disclaims any duty to update the information herein.

Investor Relations Contact
Kyle Rose
Vice President, Investor Relations
Enovis Corporation
+1-917-734-7450
investorrelations@enovis.com

Media Contact
Katie Sweet
Vice President, Corporate Communications
Enovis Corporation
Katie.sweet@enovis.com

GlobeNewswire Distribution ID 9011517

Today, Soltec Power Holding and CIP announced CIP’s 100% ownership acquisition of the Soltec Danish solar PV project portfolio.

COPENHAGEN, Denmark, Jan. 03, 2024 (GLOBE NEWSWIRE) — CIP’s Energy Transition Fund I (CI ETF I) will obtain 100% ownership of Soltec’s Danish early-stage solar PV portfolio. CIP’s intention is to develop, build and operate these assets to provide renewable electricity for ETF I’s Danish Power-to-X projects (e.g., Fjord eSAF, Høst green ammonia/hydrogen). The portfolio consists of development projects with a combined potential installed capacity of ~850MW_DC. The project sites are scattered across Denmark, with the vast majority of the projects situated in Jutland.

Felix Pahl, Partner in CIP, commented: “We are proud to have made CIP’s first acquisition of Danish solar PV energy. The Soltec portfolio represents an attractive opportunity for CI ETF I to acquire power generation assets under development, thereby enabling our Power-to-X projects under development in Denmark. We are certain that CIP can accelerate the development of the portfolio by committing to work closely with local stakeholders to deploy renewable energy projects in Denmark. CI ETF I aims to make a positive contribution to the green transition and Power-to-X industry by developing world leading capabilities in Denmark. The Soltec portfolio can become one of CI ETF I’s steps towards driving local growth and value to the CI ETF I investors.”

Raúl Morales, the CEO of Soltec, commented: “We are very satisfied with this first agreement reached with CIP, a company with a great recognition and experience worldwide, to which we have been able to provide with high quality projects under development in Denmark, to contribute to its growth. Without any doubt, this is a great sign of trust in Soltec, and they will have our support at an industrial level during the development of the projects.”

About Soltec Power Holdings
Soltec Power Holdings (ticker: ‘SOL’) is a company that specializes in vertically integrated solutions in the solar photovoltaic power sector and is strongly committed to innovation and sustainability. Headquartered in Murcia, the company was established in 2004 and currently operates in 16 countries, its presence being strong in Spain, North America and Latin America. The company has been listed in the Spanish Stock Exchange since 2020.

Soltec structures its activity via three large business units: i) the PV Project Development Division, which has a strong environmental, social and good governance commitment ii) the Industrial Division (Soltec is the world’s third largest solar tracker manufacturer), which provides further construction services to its clients to ensure a complete and integrated value proposition; and iii) Soltec Asset Management, through which Soltec manages the assets in its portfolio in order to maximize its benefits in the medium and long terms.

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focuses on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.

CIP manages ten funds and has to date raised approximately EUR 26 billion for investments in energy and associated infrastructure from more than 150 international institutional investors. CIP has approximately 500 employees and 12 offices around the world. For more information, visit www.cip.com

For further information, please contact:
E-mail: media@cip.com

Oliver Routhe Skov, Head of Media Relations
Phone: +45 30541227
Email: orsk@cip.com

Thomas Kønig, Partner – Investor Relations
Phone: +45 7070 5151
Email: tkon@cip.com

GlobeNewswire Distribution ID 1000906980

World’s First Certification Programme for Unparalleled Workplace Experiences

LONDON, Jan. 03, 2024 (GLOBE NEWSWIRE) — HqO, the world’s leading real estate experience platform, today announced the launch of ‘2024 Best Spaces to Work in London’, the only recognition and certification programme dedicated to scoring and validating end-user real estate experiences in spaces across the city. This comes on the heels of the programme’s successful launch in the US just a few weeks ago in Boston.

Published quarterly, the list will be based on real estate experience data from occupiers and their employees gathered through HqO’s proprietary Intelligence suite of products leveraging the world’s most powerful and trusted employee experience assessment framework.

This news follows HqO’s recent £40 million Series D funding announcement and launch of their Real Estate Experience (REX) Platform. HqO continues to partner with industry leaders to solve unprecedented occupier attraction and retention challenges.

‘London is one of the most vibrant cities in the world, with a workforce of 5.5 million, including 650,000 finance professionals in the city alone. Best Spaces to Work plays a pivotal role in pinpointing the properties, offices, and amenities throughout London that provide the exceptional experiences employees now demand throughout their workday,’ said Samuel Warren, VP (EMEA) of HqO. ‘The pandemic compelled the commercial real estate sector to shift towards a customer-oriented approach, and the tangible results are evident in the data. Owners and operators who prioritise end-user experience are achieving higher rents, lower vacancy, and their occupiers are seeing higher levels of employee retention.’

To participate in the programme, nominated spaces—buildings, offices, and amenities alike—undergo a REX Assessment to generate their REX Score, the quality measure of the end-user experiences within their space. Scores are then compared with data gathered over the last decade from over 8,000 workplaces and more than 1.7 million employees. If a REX Score meets or exceeds benchmarks from this data, the space will be certified and promoted as one of the Best Spaces to Work in London.

‘For the first time in the history of the commercial real estate industry, prioritising the end-user experience within workspaces is not merely a choice, it is critical for future success,’ remarked Chase Garbarino, Co-Founder and CEO at HqO. ‘With office occupancy at an unprecedented low and the competition for top talent reaching new heights, maintaining a strong REX Score will provide a competitive edge in this rapidly evolving market. This is precisely why HqO has introduced its Best Spaces to Work programme to Boston and now London. We aim to spotlight the most exceptional workspaces—spaces that are revitalising workplace culture, fostering community, and enhancing engagement. Undoubtedly, this programme will prove to be a game-changer for tenant and employee acquisition and retention.’

Best Spaces to Work will soon be rolling out to other major cities around the world, including Paris, Amsterdam, New York, Chicago, and Washington, D.C.

To secure your place in the first publication of ‘2024 Best Spaces to Work in London’, nominate your space by 31 January 2024. Visit our website today to get started.

About HqO:
HqO is leading the transformation of the way people experience real estate. Through its Real Estate Experience (REX) Platform—a powerful and dynamic suite of applications and services—HqO has powered over 400 million square feet at over 700 properties across 32 countries. The world’s most innovative organisations rely on HqO to drive operational excellence by maximising and boosting tenant and employee acquisition, retention, and engagement.

For more information, visit www.hqo.com.

For additional questions, please reach out to HqOPR@boathouseinc.com.

GlobeNewswire Distribution ID 9011664

World’s First Certification Programme for Unparalleled Workplace Experiences

LONDON, Jan. 03, 2024 (GLOBE NEWSWIRE) — HqO, the world’s leading real estate experience platform, today announced the launch of ‘2024 Best Spaces to Work in London’, the only recognition and certification programme dedicated to scoring and validating end-user real estate experiences in spaces across the city. This comes on the heels of the programme’s successful launch in the US just a few weeks ago in Boston.

Published quarterly, the list will be based on real estate experience data from occupiers and their employees gathered through HqO’s proprietary Intelligence suite of products leveraging the world’s most powerful and trusted employee experience assessment framework.

This news follows HqO’s recent £40 million Series D funding announcement and launch of their Real Estate Experience (REX) Platform. HqO continues to partner with industry leaders to solve unprecedented occupier attraction and retention challenges.

‘London is one of the most vibrant cities in the world, with a workforce of 5.5 million, including 650,000 finance professionals in the city alone. Best Spaces to Work plays a pivotal role in pinpointing the properties, offices, and amenities throughout London that provide the exceptional experiences employees now demand throughout their workday,’ said Samuel Warren, VP (EMEA) of HqO. ‘The pandemic compelled the commercial real estate sector to shift towards a customer-oriented approach, and the tangible results are evident in the data. Owners and operators who prioritise end-user experience are achieving higher rents, lower vacancy, and their occupiers are seeing higher levels of employee retention.’

To participate in the programme, nominated spaces—buildings, offices, and amenities alike—undergo a REX Assessment to generate their REX Score, the quality measure of the end-user experiences within their space. Scores are then compared with data gathered over the last decade from over 8,000 workplaces and more than 1.7 million employees. If a REX Score meets or exceeds benchmarks from this data, the space will be certified and promoted as one of the Best Spaces to Work in London.

‘For the first time in the history of the commercial real estate industry, prioritising the end-user experience within workspaces is not merely a choice, it is critical for future success,’ remarked Chase Garbarino, Co-Founder and CEO at HqO. ‘With office occupancy at an unprecedented low and the competition for top talent reaching new heights, maintaining a strong REX Score will provide a competitive edge in this rapidly evolving market. This is precisely why HqO has introduced its Best Spaces to Work programme to Boston and now London. We aim to spotlight the most exceptional workspaces—spaces that are revitalising workplace culture, fostering community, and enhancing engagement. Undoubtedly, this programme will prove to be a game-changer for tenant and employee acquisition and retention.’

Best Spaces to Work will soon be rolling out to other major cities around the world, including Paris, Amsterdam, New York, Chicago, and Washington, D.C.

To secure your place in the first publication of ‘2024 Best Spaces to Work in London’, nominate your space by 31 January 2024. Visit our website today to get started.

About HqO:
HqO is leading the transformation of the way people experience real estate. Through its Real Estate Experience (REX) Platform—a powerful and dynamic suite of applications and services—HqO has powered over 400 million square feet at over 700 properties across 32 countries. The world’s most innovative organisations rely on HqO to drive operational excellence by maximising and boosting tenant and employee acquisition, retention, and engagement.

For more information, visit www.hqo.com.

For additional questions, please reach out to HqOPR@boathouseinc.com.

GlobeNewswire Distribution ID 9011664