telesystem

Ottawa, ON, Jan 30, 2019—Interset, a security analytics company powered by artificial intelligence (AI), has signed the Montréal Declaration for a Responsible Development of AI, committing itself as an organization to the development of AI in service of the fundamental interests of individuals and the common good.

AI has burgeoned across industries thanks to its ability to automate repetitive tasks, accelerate problem-solving and reduce manual labor, but this growing trend is also fueling concerns about the risks and ramifications of autonomous technologies. As a response, the Montréal Declaration provides a framework for the ethical development and deployment of AI with emphasis on 10 principles: well-being, respect for autonomy, protection of privacy and intimacy, solidarity, democratic participation, equity, diversity inclusion, prudence, responsibility and sustainable development.

“AI has been at the heart of Interset’s technology since our inception because we believe in its ability to support and empower cybersecurity teams and society in protecting their organizations,” said Stephan Jou, chief technology officer at Interset. “We signed the Montréal Declaration for Responsible AI as a company in recognition of AI’s growing value in cybersecurity as well as our role in ensuring that AI is designed and executed with societal welfare in mind. To that end, we are committed to the Declaration’s mission and will continue to advance its 10 principles—starting at home.”

Interset’s user and entity behavioral analytics (UEBA) is powered by unsupervised machine learning, a type of self-learning AI that enables the solution to distill billions of events into a handful of prioritized threat leads. Machine learning enables Interset to mathematically discover patterns and create a unique digital fingerprint for every entity—a person, machine, printer, website, IP address, etc.—in an enterprise. This automation frees up security teams to focus on investigating and responding to threats leads.

Learn more about Interset’s commitment to ethical AI in our blog, “Interset & Responsible AI – Part 1: Well-being, Autonomy, and Privacy”—the first in a series on the Montréal Declaration and its 10 principles.

About Interset

Interset, a security analytics company powered by self-learning AI, augments existing security tools and empowers security teams to identify and respond to the threats that matter before data is stolen. Interset’s machine learning threat detection platform measures the unique digital footprint of systems and users, distilling billions of events into a handful of prioritized threat leads. What used to take months, can now take minutes. Interset is backed by In-Q-Tel and trusted to protect critical data in finance, critical infrastructure, high-tech manufacturing, healthcare, utility and energy industries. Visit us at interset.ai, and follow us on Twitter, LinkedIn and Facebook.

Contact

Gretha Loubser

(844) 241-2163

January 14, 2019

Coveo Adds eCommerce Veteran to Senior Management Team as Part of Rapid Growth Strategy

JANUARY 14, 2019 | SAN FRANCISCO, CA AND QUEBEC CITY, QC

Coveo announced the newest addition to its senior management team, Chase Hill. Hill joins the organization as Vice President, Commerce, bringing more than 18 years of eCommerce industry experience to the company.

Coveo helps enterprises make every digital interaction more relevant and effective – in commerce, service and the workplace. The leader in AI-powered search and recommendations welcomes Hill to build on its previous digital retail successes and address the industry demand for better customer lifelong shopping experiences. A graduate of Duke University, Hill is a seasoned executive specializing in building and leading high-performing eCommerce technology and consulting companies, mostly recently as CEO of Avenue Code.

Coveo Chairman and CEO, Louis Têtu commented, “We are thrilled to have Chase on board as our VP, Commerce. His experience and talent contribute immeasurably to our long-term growth strategy as we seek to redefine the retail industry with our AI-powered relevance technology. Personal, relevant and unified experiences are the new imperatives of digital business in the AI economy, and Chase’s expertise will lead Coveo’s leadership in the market and more importantly, help our clients’ businesses.”

Sharing his thoughts on Coveo, Hill said, “I am delighted to be joining the Company at such a pivotal point in its growth journey. I was very impressed with Coveo’s AI technology and how it revolutionizes the digital business market. The Coveo leadership team has created something very special; a great culture and a relentless focus on customer success, and I look forward to collaborating with them to deliver best-in-class value to our retail customers.” Meet with Hill at Booth #1428 at NRF 2019: Retail’s Big Show.

About Coveo

Make business personal.

Coveo uses AI technologies and intelligent search to personalize every digital experience for customers, partners, dealers, and employees. Coveo combines unified content, unified interactions behavioral data and machine learning to deliver relevant information and recommendations across every business interaction, making websites, ecommerce, contact centers and intranets efficient, effortless, content-rich, thus boosting conversion. Coveo is also embedded in many leading business applications from vendors including Microsoft Dynamics, Salesforce, ServiceNow, Sitecore, Xero and more. Coveo partners with the world’s largest enterprise technology players and has more than 1,500 activations in mid-to-large sized global organizations across multiple industries.

Coveo is a trademark of Coveo Solutions, Inc.

Stay up to date on the latest Coveo news and content by subscribing to the Coveo blog, and following Coveo on LinkedIn,Twitter, and YouTube.

Media Contact

Samantha Demers
Communications Director
media@coveo.com
+1(514) 375-0126 ext.2679

December 4, 2018

INTERSET 5.7 BRINGS ANALYTICS TO THE CLOUD FOR FAST, FLEXIBLE AND ECONOMICAL THREAT DETECTION

Interset behavioral analytics deployed in a cloud-native environment reduces compute costs by 5X and greatly reduces admin overhead.

DECEMBER 4, 2018

Ottawa, ON, Dec 4, 2018—Interset, a security analytics company that uncovers insider threats, today announcedInterset 5.7 — the first iteration of its platform that offers cloud-native services to reduce complexity and cost of ownership to make threat detection available to organizations of any size or budget. This update gives customers unprecedented flexibility to wield Interset’s powerful, proven AI-driven user and entity behavioral analytics (UEBA) to quickly spot difficult-to-detect insider threats at an even lower cost.

Security budgets are heavily impacted by high-cost, resource-heavy cybersecurity ecosystems. According to Forrester Research, traditional approaches to cost management for security must shift to help organizations keep pace with new technologies and threats.¹ Business climates are changing, and “elastic scalable cloud offerings will free the business from technical constraints as a barrier to innovation,” says the firm.

Interset 5.7 gives managed security service providers (MSSPs), commercial users and OEM partners more control over compute resources and maintenance costs with cloud-native components that reduce the cost and complexity of the underlying server. This latest version of the Interset platform cuts down on costs with services designed specifically for the cloud and allows customers to scale up and down based on usage. Inteset 5.7 has been optimized for use in Amazon Web Services’ big data architecture, leveraging native cloud services including EMR, Lambda and Kinesis.

“Today’s complex threats are forcing companies to deploy equally complex cybersecurity ecosystems, resulting in infrastructure investments that not only drain resources but limit business agility and distract from other business operations,” said Mark Smialowicz, CEO at Interset. “Interset’s new cloud-native services bring our powerful AI and behavioral analytics to enterprise and mid-market organizations in an even more flexible, scalable and affordable way, allowing them to find threats in less time, at less cost.”

The latest update also brings greater extensibility that allows security team to easily integrate Interset into their existing ecosystems and do their jobs more quickly and effectively. With new features such as reporting microservice, customers can unlock the power of Interset’s unsupervised machine learning to find threats in customizable ways.

Availability

Interset 5.7 is available now.

Learn more

Read more about Interset 5.7 in our blog, “Interset 5.7: Boosting Time-to-Mission with Cloud-native UEBA”.
Ready to see Interset in action? Schedule a demo with us today.

Citations

Forrester Research, “Security Budgets 2018: Uncertainty Trumps Normalcy”, Pollard, J., McClean, C., Pikulik, E., & Dostie, P., January 23, 2018.

About Interset

Interset, a security analytics company, augments existing security tools and empowers security teams to detect, investigate and respond to the threats that matter before data is stolen. Interset’s machine learning threat detection platform measures the unique digital footprint of systems and users, distilling billions of events into a handful of prioritized threat leads. What used to take months, can now take minutes. Interset is backed by In-Q-Tel and trusted to protect critical data in finance, critical infrastructure, high-tech manufacturing, healthcare, utility and energy industries. Visit us at interset.ai, and follow us on Twitter, LinkedIn and Facebook.

Contact

Gretha Loubser

(844) 241-2163

November 13, 2018

IPERCEPTIONS ACHIEVES HITRUST CSF® CERTIFICATION TO MANAGE RISK, IMPROVE SECURITY POSTURE AND MEET COMPLIANCE REQUIREMENTS

HITRUST CSF^® certification validates iperceptions is committed to meeting key regulations and protecting the sensitive information of their clients and survey respondents.

MONTREAL, QC – November 13, 2018 – iperceptions, a global leader in Customer Experience Management (CEM) solutions, today announced that the iperceptions platform has earned Certified status for information security by HITRUST.

HITRUST CSF^® Certified status demonstrates that iperceptions has met the highest requirements, and is appropriately managing risk to ensure the security of their clients’ and survey respondents’ information. This achievement places iperceptions in an elite group of organizations worldwide that have earned this certification. By including federal and state regulations, standards and frameworks, and incorporating a risk-based approach, the HITRUST CSF^® helps organizations address these challenges through a comprehensive and flexible framework of prescriptive and scalable security controls.

“It is crucial for organizations in the Customer Experience Management space to have the highest measures and processes in place to respect and guarantee the protection of customers’ personal data, and that includes their quantitative and qualitative feedback. This is especially important to our Healthcare and Financial Services clients,” said Martin Le Sauteur, Chief Executive Officer at iperceptions. “We are proud to receive HITRUST CSF^® certification, which demonstrates to our clients that we are strongly committed to the safeguarding of not only their data, but also their survey respondents’ feedback and personal information.”

“As iperceptions’ HITRUST assessor firm, Tevora was impressed with iperceptions’ dedication to improving and maturing the organization’s information security posture,” said John Huckeby, Managing Director, Healthcare Cybersecurity and Compliance at Tevora.

“HITRUST has been working with the industry to ensure the appropriate information protection requirements are met when sensitive information is accessed or stored in a cloud environment,” said Ken Vander Wal, Chief Compliance Officer, HITRUST. “By taking the steps necessary to obtain HITRUST CSF^®Certified status, iperceptions is distinguished as an organization that people can count on to keep their information safe.”

To learn more about iperceptions’ solutions for the Healthcare industry, visit iperceptions.com/healthcare.

About iperceptions

iperceptions is a global leader in Customer Experience Management (CEM) solutions, guiding the world’s most respected brands to become more customer-centric organizations. Using an expert-guided approach and Enterprise-class technology, iperceptions transforms feedback into insights that allow brands to more quickly align and deliver optimal experiences across the customer journey. iperceptions offers a full range of Analytics and Project Management services powered by a team of experts that has managed 1000s of customer feedback programs since 1999 in 35 languages for Healthcare, Retail, Hospitality, Finance, Education, Automotive and Telecommunications brands.

To start doing CEM that is guided by experience, visit iperceptions.com.

All trademarks and registered trademarks in this document are the properties of their respective owners.

November 13, 2018

Coveo, a Leader in Artificial Intelligence, Expands Montreal Office to 300 Employees to Support Growth

NOVEMBER 13, 2018 | MONTREAL, QC

Company will hire 225 new employees, amid the challenging full employment tech sector, and drive Canadian value creation

Market leader in AI-powered digital personalization technology and a leading Artificial Intelligence company in Canada, Coveo has just announced significant expansion of its Montreal office to accommodate the 300 local employees it intends to have hired in Montreal by 2020, adding to the 75 existing and another 275 in Quebec City, with an expected global presence of 700 employees by that time.

Since announcing its $100 million investment, and with the support of leading Canadian investors such as FTQ, IQ and the BDC, Coveo has grown revenue aggressively, both in acquiring new global customers and opening up new markets. Its hyper-growth has lead to its Montreal office expansion ahead of schedule, which will remain in the historic Windsor Station, appropriately located in the heart of the Innovation District in downtown Montreal.

Coveo is prioritizing leveraging the talent within the city and province of Quebec, to further support the Canadian economy and develop a strong AI presence. Coveo plans to expand its R&D by an expected 150 developers and data scientists, and will also be hiring marketing and customer care professionals. With the addition of these positions, the company is on track to add to its already impressive 50%+ annual revenue growth rate, consolidating its position as an AI and technology growth leader in the country.

When asked about the company’s growth and its quest for talent, Coveo CEO, Louis Têtu responded, “Coveo is a recognized global leader in the field of AI and digital personalization technologies, as measured by revenue growth, clients acquisition, and market analysts recognition. We are proud to be investing aggressively to grow right at home, in Montreal and Quebec, where our shareholders are, and where Canadians invest their hard earned tax dollars in world-class education and research. While we will hire 225 new employees, this will hardly create any new jobs for the local economy as we have had a talent shortage in the technology sector in Canada for a decade. Now the brightest minds of our country can join local companies that are growth leaders and, through their ingenuity and engagement, can contribute immensely to create collective prosperity in Canada through the leverage of intellectual property. This is why we think companies like Coveo are important.”

He added, “We are very proud to be putting down deeper roots in the Windsor Station and taking part in the restoration and preservation of a historical Canadian landmark built in 1887. Coveo is majority Quebec owned and operated, one of the fastest growing Canadian tech leaders, and our investment in AI and talent in Quebec is a commitment to the importance of creating value here with AI knowledge.”

Danielle Lavoie, Senior Vice President and Portfolio Manager at Cadillac Fairview commented, “Cadillac Fairview is pleased to support Coveo’s exciting office expansion at Gare Windsor, one of the most iconic heritage office buildings in downtown Montréal.” she added, “This expansion will not only inject vibrancy into Gare Windsor and the surrounding area, but also promote innovation within the City of Montréal with hundreds of brilliant minds joining Coveo’s workforce. At Cadillac Fairview, we take tremendous pride in strengthening communities and supporting the growth of valued, homegrown partners like Coveo is fundamental to our success.”

About Coveo

Make business personal.

Coveo uses AI technologies and intelligent search to personalize every digital experience for customers, partners, dealers, and employees. Coveo combines unified content, unified interactions behavioral data and machine learning to deliver relevant information and recommendations across every business interaction, making websites, ecommerce, contact centers and intranets efficient, effortless, content-rich, thus boosting conversion. Coveo is also embedded in many leading business applications from vendors including Microsoft Dynamics, Salesforce, ServiceNow, Sitecore, Xero and more. Coveo partners with the world’s largest enterprise technology players and has more than 1,500 activations in mid-to-large sized global organizations across multiple industries.

Coveo is a trademark of Coveo Solutions, Inc.

Stay up to date on the latest Coveo news and content by subscribing to the Coveo blog, and following Coveo on LinkedIn,Twitter, and YouTube.

Media Contact

Samantha Demers
Communications Director
media@coveo.com
+1(514) 375-0126 ext.2679

November 6, 2018

Coveo Expands Its Presence in Europe

NOVEMBER 6, 2018 | LONDON, ENG

Global leader in AI-powered search and recommendations announces opening of UK office in Chiswick Park, London

The leader in AI-powered search and recommendations, Coveo, has just announced the launch of its UK office in Chiswick Park, West London. This is a significant milestone for Coveo highlighting its expansion and commitment to the European market and to its customers and partner ecosystem.

To date, Coveo has seen considerable expansion in Europe, attracting customers like Baillie Gifford, Danske Bank, Unit4 and others. Those companies are focused on driving revenue conversions, improving customer service intelligence, and making employees more proficient, through delivering more relevant information to prospects, customers and employees alike. For the second year, Coveo has been positioned as the highest for execution and furthest for innovation in the leaders quadrant of Gartner’s Magic Quadrant for Insight Engines. Coveo helps European organisations embrace AI and machine learning to become more relevant at every interaction, which is central to digital transformation success. The company also has technology alliances with Salesforce, Sitecore and Microsoft, to bring Ai-powered insights into their applications.

Louis Tetu, Coveo Chairman and CEO commented, “As a rapidly growing organisation, we are committed to investing in high-growth markets. Our strategic decision to expand and establish a presence in London is testament to the incredible opportunity the UK and European markets have to offer. We have a strong local team, with marketing, sales, support and strategic partnership expertise. This core team is directly connected to Coveo headquarters in Canada to ensure seamless customer and partner success.”

Coveo chose Chiswick Park for its newest location with both current and future employees in mind. Chiswick has strong ties to London’s culture, which remains a common theme among all of Coveo’s offices across the globe. The Park fosters a great work-life balance, has many nearby facilities that contribute to overall wellness, and benefits from being on the doorstep of Chiswick High Street’s boutique style shops and restaurants. The office is conveniently located in the heart of West London and only 30 minutes from the city centre.

Heather MacDonald of Coveo played an instrumental role in launching the UK office and says, “I’m thrilled to see the rate at which Coveo is expanding and am proud to be growing our roots in London. There is a hunger in the European market to embrace AI and an untapped potential among many companies that we are eager to explore. The ability to harness AI-powered search and recommendations to drive relevance at scale across business digital interactions is one of the most exciting opportunities of the digital age. We are confident that having a presence in the UK will help us empower European organisations to become leaders in their space.”

About Coveo

Make business personal.

Coveo uses AI technologies and intelligent search to personalize every digital experience for customers, partners, dealers, and employees. Coveo combines unified content, unified interactions behavioral data and machine learning to deliver relevant information and recommendations across every business interaction, making websites, ecommerce, contact centers and intranets efficient, effortless, content-rich, thus boosting conversion. Coveo is also embedded in many leading business applications from vendors including Microsoft Dynamics, Salesforce, ServiceNow, Sitecore, Xero and more. Coveo partners with the world’s largest enterprise technology players and has more than 1,500 activations in mid-to-large sized global organizations across multiple industries.

Coveo is a trademark of Coveo Solutions, Inc.

Stay up to date on the latest Coveo news and content by subscribing to the Coveo blog, and following Coveo on LinkedIn,Twitter, and YouTube.

Media Contact

Samantha Demers
Communications Director
media@coveo.com
+1(514) 375-0126 ext.2679

October 24, 2018

INTERSET UEBA ENGINE SEALS SEVEN OEM PARTNERSHIPS

Leading enterprise security solutions embed Interset behavioral analytics to help organizations find the threats that matter.

OCTOBER 24, 2018

Ottawa, ON, Oct 24, 2018—Interset, a security analytics company that uncovers insider threats, today announced that it has embedded its powerful behavioral analytics engine into seven of the industry’s top enterprise security solutions. As an OEM, Interset is integrated into products for endpoint detection and response (EDR), identity and access management (IAM), data loss prevention (DLP), security information and event management (SIEM), managed security services (MSSP) and more.

Interset provides user and entity behavioral analytics (UEBA) to several leading enterprise security companies, enabling them to offer powerful, targeted anomaly detection to their customers that can identify even the most difficult-to-find threats. By focusing on user information, such as abnormal login frequency, date or time of work and unusual file/process activity, behavioral analytics gives security teams the context they need to identify threats that they might not see otherwise.

“A company’s data holds clues about potential threats to critical IP and sensitive information. But when you’re grappling with the volume and variety of data that the average enterprise faces, it’s difficult to see everything your data is trying show you,” said a Chief Product Officer at a leading security software company. “Interset’s behavioral analytics provides an incredibly targeted lens through which to look at our data. Strengthening our product with this technology gives us a tangible advantage in the market and confidence that we can help customers see real risks before sensitive data walks out the door.”

Through OEM partnerships, Interset’s UEBA engine is being used to address various use cases, including facilitating zero-trust environments with IAM and supercharging DLP to detect data exfiltration with proven unsupervised machine learning models. For SIEM solutions, Interset provides proven analytics to focus threat investigation, allowing security teams to devise a measured response to a measured threat. Interset’s UEBA also serves as a powerful complement to EDR platforms by providing a unique lens through which to analyze and see threats hiding in incredibly rich endpoint data.

“Our growing number of OEM partnerships continue to reinforce for us the power of behavioral analytics to help companies extract intelligence from massive amounts of data in a variety of ways and for a variety of use cases,” says Mark Smialowicz, CEO at Interset. “It’s important for us that we are able to provide not only the math to identify real threats but also unite with our partners in a multi-tenant environment to provide the economies of scale and flexibility to maximize their existing security investments.”

Learn More

Want to see Interset’s behavioral analytics in action? Contact us at securityai@interset.com.

About Interset

Interset, a security analytics company, augments existing security tools and empowers security teams to identify and respond to the threats that matter before data is stolen. Interset’s machine learning threat detection platform measures the unique digital footprint of systems and users, distilling billions of events into a handful of prioritized threat leads. What used to take months, can now take minutes. Interset is backed by In-Q-Tel and trusted to protect critical data in finance, critical infrastructure, high-tech manufacturing, healthcare, utility and energy industries. Visit us at Interset.AI, and follow us on Twitter, LinkedIn and Facebook.

Contact

Gretha Loubser

(844) 241-2163

October 15, 2018

ONMOBILE GLOBAL LIMITED ACQUIRES APPLAND AB

Bengaluru, October 11th, 2018: OnMobile Global Limited, a global leader in mobile entertainment, today announced it has signed a definitive agreement to acquire Appland AB, one of the world’s most popular games and kids App Clubs subscription services.

This acquisition reflects the increasing importance of OnMobile’s strategy to become a leader in the fast-growing mobile games market and expands its games footprint to all continents. OnMobile also announced that Jonatan Redvik, CEO and Founder of Appland, will take up the Vice-President role of its newly-formed Games Subscription Business Unit (GSBU) and Appland’s CTO Henrik Lewander would assume the role of CTO of GSBU.

Appland AB is a pioneer in cloud-based mobile distribution and monetization company headquartered in Gothenburg, Sweden. Appland today provides premium games and kids apps as a white-labeled subscription service to more than 80 carriers in over 40 countries. It also offers white-label App stores with curated international and local content. Appland was founded in 2011 and provides its cloud-based app-distribution, subscription and monetization services to several well-known telecom operators and global corporates across the world, such as Reliance Jio, Ericsson and Ooredoo.

“We are very excited about this strategic acquisition. The combination of OnMobile and Appland will provide immediate business value and innovation to our customers. Our roadmap is to roll out over 100 games clubs by the end of this financial year, increase subscriptions and boost revenues through joint marketing effort with our operators and distribution partners.” said François-Charles Sirois, Chairman & CEO of OnMobile

“OnMobile’s global presence, experience, and product portfolio, coupled with Appland’s flexible cloud-based software platform capabilities, will help us to create the future of mobile entertainment,” said Jonatan Redvik, CEO and Founder of Appland.

About OnMobile

OnMobile [NSE India: ONMOBILE] [BSE Ltd: 532944], headquartered in Bangalore, India, and with offices in all regions of the world, delivers over 575 million music plays daily to mobile customers worldwide. Based on current deployments, OnMobile has an addressable base of more than 1.5 billion mobile users across several geographies.

About Appland

Appland makes it possible for consumers in Indonesia, Mexico, Oman, USA, Iran, El Salvador, Malaysia, Jordan, Iraq, Bangladesh, Panama, Myanmar, Cambodia, Egypt and many more countries, to play the world’s best games, use playful kids apps, be entertained and experience great apps.

Understanding how to distribute apps and generate revenue is hard. Appland helps its customers with a platform, content licenses, management and experienced advice so they can launch an App Store / Subscription Club anywhere in the world. Appland is proud to have installed 1st solutions on over 10 million devices in more than 200 countries.

Elevera Advisers AB (eleveraadvisers.com) acted as Appland AB’s exclusive financial advisor for the transaction.

For further information, please visit www.onmobile.com

For media queries, please contact:

October 11, 2018

EXCLUSIVE LICENSING AGREEMENT FOR BONFIGLIOLI TO MANUFACTURE AND SELL CVTCORP mCVT PATENTED TECHNOLOGY

Bologna, Italy – October 10, 2018

CVTCORP, a world leader in the design and development of revolutionary, high-efficiency mechanical Continuously Variable Transmissions (mCVT) for the off-highway market, and Bonfiglioli, a worldwide designer, manufacturer and distributor of a complete range of geared motors, drive systems, planetary gearboxes and inverters, announced they have entered into an exclusive licensing agreement for Bonfiglioli to manufacture and sell the CVTCORP mCVT patented technology for telehandlers and other equipment. The cooperation between Bonfiglioli and CVTCORP will also include developing a full line of transmissions based on the currently available mCVT.

Included in this licensing agreement are the production transfer of the Ecomec 150, used in the Skyjack Ecoshift telehandler, along with the CVTCORP current sales pipeline with commercialization volume anticipated at the beginning of 2020.

CVTCORP has developed a high-power, efficient and cost-effective mCVT which is currently available as the Ecomec 150, used in the new Skyjack Ecoshift telehandler. The CVTCORP’s mCVT patented technology, the result of over 15 years of development, offers off-highway manufacturers a fully validated and scalable solution that provides unmatched operational ease, engine downsizing opportunities and overall vehicle performance improvements in the 20-30% range.

Bonfiglioli, after the acquisition of O&K in 2015, has become the provider of the largest geared drives range in the market for applications in construction, mining and material handling equipment, driving machine sizes ranging from 1 ton to over 1,000 tons. The continuous improvement in design, proven quality standards and operational excellence recognized by the most respected machine manufacturers worldwide have confirmed, after 40 years of experience in the sector, Bonfiglioli as the geared drives market benchmark.

“Bonfiglioli’s endorsement of our mCVT technology and their reputation as a high quality, global manufacturer will accelerate the commercialization of our technology in the worldwide construction equipment market,” said Daniel Girard, founder and CEO of CVTCORP. “We are looking forward to assisting Bonfiglioli with moving forward rapidly into markets where our innovative mCVT technology enables engine downsizing, fuel reduction, increased safety and productivity,” Girard added. “CVTCORP will work with Bonfiglioli to continue its development of advanced controls and connectivity capabilities to optimize complete vehicle drivetrains and provide construction equipment customers with simple but cutting-edge technology.”

“Over the last several years, we have worked very intensively to enhance and enlarge our product portfolio in our core markets with excellent responses from our customers. A couple of years ago, when we came across CVTCORP’s technology, it was clear we were in front of a ‘game-changer’ and we immediately recognized the differentiating features such technology was offering and the diversification opportunity for our company leveraging on our market, technology and operational core competences,” says Fausto Carboni, Bonfiglioli CEO.

About CVTCORP

Founded in 2001, CVTCORP is an international company specializing in Mechanical Continuously Variable Transmission (mCVT). The company develops, manufactures and supplies CVTs for construction and agricultural markets. The infinite number of ratios provided by the transmission enables the equipment to do more work with less fuel. At the same time, the technology offers a cost-effective solution for vehicles and equipment outfitted with their innovative products. The company is privately held and headquartered outside of Montreal, Canada. More information is available at www.cvtcorp.com

About Bonfiglioli

Bonfiglioli is a worldwide designer, manufacturer and distributor of a complete range of geared motors, drive systems, planetary gearboxes and inverters, which satisfy the most challenging and demanding needs in industrial automation, mobile machinery and renewable energy. Bonfiglioli serves more industries and applications than any other drive manufacturer and is a market leader in many sectors. Established in 1956, Bonfiglioli operates in 21 countries, with 14 production facilities and over 3,700 employees worldwide. More information is available at www.bonfiglioli.com

Contact details for further information:

Caroline Mireault
Marketing Manager, CVTCORP
cmireault@cvtcorp.com

Camille Distain
External Communications Manager, Bonfiglioli
camille.distain@bonfiglioli.com

September 27, 2018

ONMOBILE TAPS INTO BKASH’S MOBILE WALLET FOR GROWTH

OnMobile looks at revenue opportunities in the Mobile Financial Services space.

BENGALURU, September 27th, 2018 – OnMobile Global Limited announced a strategic partnership with bKash Limited, the largest Mobile Financial Services (MFS) provider in Bangladesh, facilitating its customers to purchase premium mobile entertainment contents from OnMobile platform through bKash.

Having around 30 million registered customers, bKash offers services like Cash In and Cash Out, Person to Person Fund Transfer, Merchant Payment, Inward International Remittances, Salary Payment and Buy Airtime.

OnMobile Global Limited shall leverage bKash’s large consumer base to build and manage an all-encompassing & enriching mobile entertainment ecosystem, which is untapped so far and offers a high growth potential. The partnership will enable OnMobile to expand its service offerings beyond telecom users by enabling premium mobile entertainment services that are completely absent today in Bangladesh.

Talking about the strategic partnership, Mizanur Rashid, Chief Commercial Officer of bKash said “We are extremely excited about our strategic partnership with OnMobile. We believe that there is a huge demand for high quality & rich contents which are currently untapped in the mobile entertainment space, and OnMobile as a global leader in mobile entertainment has the required expertise to leverage this untapped opportunity”

“Our strategic partnership with bKash to build and manage the mobile entertainment ecosystem is a big milestone for OnMobile as it reiterates the trust and credibility we have built over the years amongst our partners in Bangladesh. We are confident that this partnership will usher in a new era of high-quality on-the-go mobile entertainment for bKash users.” Said Sanjay Bhambri, President & Chief Operating Officer – India, Asia, Middle East & Africa, OnMobile Global.

About OnMobile

OnMobile [NSE India: ONMOBILE] [BSE Ltd: 532944], headquartered in Bangalore, India, and with offices in all regions of the world, delivers over 575 million music plays daily to mobile customers worldwide. Based on current deployments, OnMobile has an addressable base of more than 1.5 billion mobile users across several geographies. For further information, please visit www.onmobile.com

For media queries, please contact:

June 8, 2018

CIJA and Federation CIJA Honour Eminent Québecer Mr. Charles Sirois with Words & Deeds Leadership Award

Tuesday June 5, 2018

MONTRÉAL, QC – This evening, the Centre for Israel and Jewish Affairs (CIJA) hosted its annual Words & Deeds Leadership Awards, in recognition of leaders whose contribution to humanitarian causes, pluralism, and civil discourse in Canadian society is truly outstanding.

The 2018 Words & Deeds Leadership Award honoree was Mr. Charles Sirois, a pioneer in telecommunications and a leader in the not-for-profit sector. Sirois has led campaigns for, among others: Centraide; ORT; Québec Cancer Foundation; and the Segal Cancer Centre at Montreal’s Jewish General Hospital. He also, with his wife, Susan McPeak, founded the McPeak-Sirois Group for Clinical Research in Breast Cancer.

Charles Sirois is a recipient of the Order of Canada, was appointed Knight of the Ordre National du Québec, and inducted into Canada’s Telecommunications Hall of Fame.

“Tonight, the Jewish community honours Mr. Charles Sirois with the Words & Deeds Leadership Award for his remarkable contributions to the lives of Quebecers and Canadians across the country,” said David J. Cape, CIJA Board Chair. “Mr. Sirois’ commitment to strengthening Canadian healthcare through research and investment has had an immense and positive impact on so many Canadians. We are delighted to celebrate him this evening. On behalf of the CIJA Board, I congratulate him on receiving this honour.”

“Mr. Sirois’ remarkable vision and success in the field of communications, his active leadership in developing entrepreneurs across the globe, and his commitment to the charitable sector make him an ideal recipient for the Words & Deeds Leadership Award,” said Joel Reitman, Vice-Chair of the CIJA Board and Words & Deeds Dinner Co-Chair. “His relentless commitment to progress and his dedication to our community are a testament to his strength of spirit. We are very pleased to be paying tribute to his work.”

Additional Information:

Hundreds of leaders from the business, academic, cultural, and volunteer sectors join federal, provincial and municipal politicians to salute the dedication of our honourees to community-building at a gala dinner.
The Words & Deeds Leadership Award recognizes leaders whose contribution to humanitarian causes and to tolerance, inclusion, and civil discourse in Canadian society is truly outstanding. Recipients of the award are those who demonstrate – by their Words and Deeds – that the efforts of one can benefit many.
Photos will be available here throughout the evening

The Centre for Israel and Jewish Affairs (CIJA) is the advocacy agent of the Jewish Federations of Canada-UIA.

-30-

For more information, please contact:

Adir Krafman
Manager, Senior Manager, Media Relations
The Centre for Israel and Jewish Affairs (CIJA)
416-820-6871 – akrafman@cija.ca

May 31, 2018

INTERSET 5.6 ZEROES IN ON ENDPOINT SECURITY WITH AI-ENABLED SECURITY ANALYTICS

New and expanded analytics for the endpoint help organizations identify zero-day attacks

MAY 31, 2018

Ottawa, ON, May 31, 2018—Interset, a security analytics company powered by self-learning AI, today announced Interset 5.6. This latest version of Interset’s AI-enabled security analytics platform delivers powerful new analytics and investigation capabilities that help companies fortify security — starting at the endpoint.

“Endpoint data is extremely rich and it can reveal important security gaps or threats. Unfortunately, endpoint security traditionally relies on signature-based methods that require a threat “definition” to identify infections — something that severely limits protection against constantly changing endpoint threats and zero-day attacks,” says Mark Smialowicz, CEO at Interset. “Behavioral analytics powered by unsupervised machine learning bolsters endpoint defense by eliminating the need for signatures and instead looks for anomalies based on what an endpoint’s normal operations look like day after day.”

“The most visionary and leading of vendors in 2018 and 2019 will be those that use the data collected from their endpoint detection and response (EDR) capabilities to deliver actionable guidance and advice that is tailored to their clients,” said Gartner.¹ “Detecting known indicators of compromise (IOCs) and suspicious behavior is only one side of the enterprise protection platform (EPP) coin — solutions must detect and proactively alert on weaknesses or vulnerabilities that are being exploited right now, or are likely to be exploited in the future. The fast-moving nature of attacker tools, techniques and procedures means that an organization’s endpoint security strategy must be continually assessed and adapted.”

Interset 5.6 features additional models for EDR data, building on the platform’s existing catalogue of more than 400 unsupervised machine learning models. The new models emphasize threat detection for data-exfiltration and infected-host use cases by detecting anomalies in port usage, inbound or outbound data transfers and processes. Interset’s behavioral analytics approach to endpoint security makes it uniquely positioned to detect zero-day attacks, which typically involve brand new strains or versions of malware or viruses. Most antivirus and antimalware solutions struggle to identify these attacks without having been introduced to IOCs that are associated with a specific malware — something that is not possible with zero days. Using unsupervised machine learning (a type of self-learning AI), Interset dynamically measures millions of individual behavioral baselines for users and machines to detect anomalies that are typically missed by other solutions.

Interset 5.6’s enhancements help organizations further integrate the threat detection platform into their existing security ecosystems. Click here to learn more about Interset’s latest endpoint-focused updates.

Interset Zero Day Detection

Availability

Interset 5.6 is available now.

Learn more

To read more about Interset 5.6, please read our blog, Interset 5.6: Creating a Digital Fingerprint with Endpoint Data.

Citations

Gartner, “Magic Quadrant for Endpoint Protection Platforms”, McShane, I., Litan, A., Ouellet, E., & Bhajanka, P., January 24, 2018.

About Interset

Interset, a security analytics company, augments existing security tools and empowers security teams to identify and respond to the threats that matter before data is stolen. Interset’s machine learning threat detection platform measures the unique digital footprint of systems and users, distilling billions of events into a handful of prioritized threat leads. What used to take months, can now take minutes. Interset is backed by In-Q-Tel and trusted to protect critical data in finance, critical infrastructure, high-tech manufacturing, healthcare, utility and energy industries. Visit us at interset.ai, and follow us on Twitter, LinkedIn and Facebook.

Contact

Gretha Loubser

(844) 241-2163

May 24, 2018

REDEFINING THE RULES OF THE GAME ONMOBILE LAUNCHES ONMO GAMES

BENGALURU, MAY 24th, 2018 – OnMobile, the global leader in mobile entertainment, announces the launch of ONMO Games, changing the rules for how games are played on mobile phones and tablets. No longer will users pay for premium games or spend money on in-app purchases. With ONMO Games users will have access to one of the largest collections of premium and freemium games in one service, at a low monthly subscription fee. Ideal for mobile operators, users and game developers alike, the new ONMO Games service is breaking the traditional app store distribution model.

A perfect solution for parents, ONMO games allows parents to monitor their children’s activity, establish play time limits by the number of hours or time of day, restrict game types, and they no longer have to worry about excessive in-app purchases. Plus, as an added benefit, children will no longer be exposed to advertising when subscribed to this service, so parents can rest assured.

As most operators have a Triple play and Quadruple play service and start to offer a Family plan where one household bill covers multiple lines, there is a strong incentive to enhance their offering of premium services. The family-friendly ONMO Games service is ideal for telecom operators, looking to improve their suite of services to households.

“The mobile gaming market will be over $50 billion in the next few years,” says Laith Murad, Chief Marketing Officer of OnMobile. “Our customers and partners continue to look to us to deliver seamless and integrated solutions that bring value to their customers, so it was only natural to now offer a service for games to meet the market demand.”

ONMO Games delivers a premium experience. The games catalogue has been carefully curated with the best games and will be priced as a monthly service add-on by operators. The service offers a safe environment where every game meets stringent quality criteria and comes from well-known brands and carefully selected independent game providers.

Today, developers of freemium games rely on ads and in-app purchases for monetization. OnMobile is proposing an alternative with ONMO Games where games developers are remunerated based on the usage of their games.

“This is similar to the music streaming model. The revenue received by an artist on a music streaming service is directly proportional to the number of streams their music generates against the total number of streams,” says Florent Stroppa, SVP of Products. “We believe that with ONMO Games, we have a model that rewards the best games. It is not about having the most efficient ads, it is about delivering the most engaging experience.”

About OnMobile

OnMobile [NSE India: ONMOBILE], headquartered in Bangalore, India, and with offices in all regions of the world, delivers over 575 million music plays daily to mobile customers worldwide. Based on current deployments, OnMobile has an addressable base of more than 1.5 billion mobile users across several geographies.

For media queries, please contact:

April 5, 2018

Coveo Announces $100 Million Investment Led by Evergreen Coast Capital

Leading Silicon Valley-based tech investment firm funds accelerated growth into leading global AI insight engines provider

SAN FRANCISCO and QUEBEC, April 4, 2018 /CNW Telbec/ – Coveo, a recognized leader in AI-powered insight, recommendations and search engines, has secured a $100 million investment from Elliott Management for a 27% stake in the company. The investment was led by Elliott’s Menlo Park, California-based private equity affiliate, Evergreen Coast Capital.

“Evergreen focuses on fast-growing technology companies that have proven customer traction and a clear opportunity to win in growth markets. With Coveo’s evident leadership in the machine learning applications space, the company clearly fits that bill.” said Isaac Kim, Managing Director of Evergreen. “Throughout our extensive due diligence, we have concluded that the company is the indisputable leader in its market, and with its management team’s extensive experience and R&D superiority we see this market leadership only accelerating in the future.”

Recognized by Gartner as a Leader with the most complete vision and strongest execution score among Leaders in the Magic Quadrant for Insight Engines 2017, Coveo was also named a leader in The Forrester Wave™: Cognitive Search and Knowledge Discovery Solutions, 2017.

“Coveo has enjoyed hyper-growth year over year. We have been at the forefront of digital personalisation for the enterprise, a fast-growing market, with machine learning-powered search and recommendations software,” commented Louis Têtu, Chairman and CEO of Coveo. “With this financing, we intend to broaden our market footprint with even more aggressive investments in sales, marketing, channels, as well as launch new lines of business beyond the current Salesforce, Microsoft, and Sitecore products. In addition, we’re opening up a whole range of new opportunities by expanding our platform on Elasticsearch, enabling organizations to leverage Coveo as their enterprise-wide relevance backbone, from eCommerce to customer service and the intelligent workplace.”

The company intends to further expand its R & D team. Têtu noted:
“As a leading tech and AI company in Canada, we’ve grown our R&D centers in Quebec City and Montreal to more than 200 developers and data scientists, while serving a global enterprise market. We’re tapping into a local talent pool with world-class machine learning and AI expertise.” Coveo also recently announced its inclusion in SCALE.AI (Supply Chains and Logistics Excellence.AI), a Canadian industry-led innovation consortium with $230M of funding to accelerate the integration of next-generation AI and machine learning-powered supply chains in the Canadian economy.

Coveo plans to use the Evergreen investment to accelerate growth mostly organically and through strategic acquisition opportunities that may arise. Jean Lavigueur, CFO of Coveo, noted: “We’re excited to partner with a Tier 1 Silicon Valley investment firm. Evergreen has been an absolute pleasure to work with. The quality of their team and their long-term investment perspective aligns with our goals, and really stood out over the investors we explored discussions with. With their investment and capabilities, we now have a war chest at our disposal to pursue our aggressive goals.”

RBC Capital Markets acted as placement agent for the financing. Full terms of the transaction were not disclosed, but following the close of the transaction, Evergreen will have a minority ownership stake in Coveo approximating 27%, and Bill Shaheen, Operating Executive with Evergreen, will join the Coveo Board of Directors. He added: “Coveo is already a tightly run ship, and we’re looking forward to helping them with their next phase of growth. I’m delighted to join the Board to help advise this strong team going forward.”

About Coveo

Make business personal.

Coveo uses intelligent search and AI technologies to personalize every digital experience for customers, partners, dealers, and employees. Coveo combines unified content, unified interactions and machine learning to deliver relevant information and recommendations across every business interaction, making websites, ecommerce, contact centers and intranets efficient, effortless and content-rich. Coveo is also embedded in many leading business applications from vendors including Adobe, Microsoft, Salesforce, Sitecore, Xero and more. Coveo partners with the world’s largest enterprise technology players and has more than 1,500 activations in mid-to-large sized global organizations across multiple industries.

Coveo is a trademark of Coveo Solutions, Inc.

About Elliott and Evergreen

Elliott Management Corporation manages two multi-strategy investment funds which combined have approximately $35 billion of assets under management. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds of its kind under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. This investment is being led by Evergreen Coast Capital, Elliott’s Menlo Park affiliate, which focuses on technology investing.

SOURCE Coveo Inc.

For further information:

Samantha Demers, sdemers@coveo.com, 514.375.0126 x.2679;

Jean-Alexandre D’Etcheverry, jadetcheverry@national.ca, 514-910-1328

www.coveo.com

March 24, 2018

ONMOBILE GLOBAL LIMITED APPOINTS GANESH MURTHY AS CHIEF FINANCIAL OFFICER

Murthy’s financial discipline and experience will foster continual innovation, operational efficiencies and long-term value.

BENGALURU, March 24, 2018 – OnMobile, the global leader in mobile entertainment, announces the appointment of Ganesh Murthy to the role of Chief Financial Officer. Murthy’s appointment comes during a time of tremendous opportunity for OnMobile. In 2018, OnMobile will be expanding the suite of entertainment products to include video, gaming and sound – enabling telecommunications operators to deliver additional services to their customers.

With more than 30 years of experience in finance across diverse industries like FMCG, Consumer durables & IT / ITES industries, Ganesh has provided strategic leadership to business teams in the area of financial planning, direct and indirect taxes, cost optimization, legal and statutory compliance, travel, logistics and administrative activities. Ganesh’s previous assignment was with Dell Services as Senior Vice President & CFO which was sold to NTT Data in 2017.

“We are thrilled to welcome Ganesh to the OnMobile team as a leader for our Finance and Administrative teams and as a champion for financial discipline and growth,” said OnMobile CEO Francois-Charles Sirois, “Ganesh’s vast experience in global roles and diverse industries, make him an exceptional asset to the team as we expand our growth to include new products, on a global scale.”

By credentials, Ganesh is the winner of the annual ‘CFO100 Roll of Honor’ awarded by 9.9 Media for his exceptional contribution to corporate finance. He was also awarded the Best CFO for liquidity management by Business Today & Yes Bank. Ganesh is a Fellow member of the Institute of Chartered Accountants of India and a participant in the executive management program of Harvard Business School.

“I am honored and excited to join OnMobile at this pivotal time in the company’s history,” said Ganesh Murthy, “OnMobile is in a tremendous position, with a strong balance sheet and solid customer base to achieve significant growth in the coming years.”

About OnMobile

OnMobile [NSE India: ONMOBILE], headquartered in Bangalore, India, and with offices in all regions of the world, delivers over 575 million music plays daily to mobile customers worldwide. Based on current deployments, OnMobile has an addressable base of more than 1.5 billion mobile users across several geographies.

For further information, please visit www.onmobile.com

Media Contact