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Daily Archives: June 16, 2022

New Boyden Board Elections

APAC board director elected, along with re-election of two existing board members

New York, June 16, 2022 (GLOBE NEWSWIRE) — Boyden, a premier leadership and talent advisory firm with more than 75 offices in over 45 countries, announces the election of a new APAC board director, as well as the re-election of two current board members to retain their board positions.

The newly elected APAC board member is William “Bill” Farrell, Managing Partner, Taiwan and South Korea. Bill has previously served on Boyden’s Board of Directors representing the APAC region.

“Having Bill back on the board not only brings a wealth of board-related experience and knowledge, but also keen insight on the ever-changing APAC landscape”, stated Trina Gordon, Boyden President & CEO. Bill will be replacing Allan Marks, Boyden’s former APAC Director whose two-year term ended in May of this year.  “We’d like to thank Allan for his commitment to the board, and for his invaluable and trusted leadership these past several years”, commented Gordon.

In addition to the new election, two existing board members were re-elected:

Craig Stevens, Americas Director. In addition to his role as the Americas Director, Craig serves as the Board Chair, and is Managing Partner and leader of Boyden’s Washington DC office. His sector expertise includes technology companies, social impact institutions and professional services firms.

Carita Lahti, EMEA Director.  In addition to her role as a Managing Partner of Boyden Finland, Carita will retain her role as the EMEA Director.  With more than 20 years’ experience in executive search, Carita leads board and C-suite engagements as well as leadership consulting.

About Boyden

Boyden is a premier leadership and talent advisory firm with more than 75 offices in over 45 countries. Our global reach enables us to serve client needs anywhere they conduct business. We connect great companies with great leaders through executive search, interim management and leadership consulting solution. Boyden is ranked amongst the top companies on Forbes’ Americas Best Executive Recruiting Firms. For further information, visit www.boyden.com.

Chris Swee

Infant Formula Producers Facing Crisis Can Rely on Southern California ProTab Labs for Safe Rapid Large-Scale Production of Premixes and Packaging Solutions

Foothill Ranch, Calif., June 16, 2022 (GLOBE NEWSWIRE) — To tackle the infant formula crisis, producers can rely on Southern California supplement solutions contract manufacturer ProTab Laboratories to blend custom premixes and produce and package infant formula with a rapid turnaround time.

“ProTab is in the perfect position as a supplement solution manufacturer and packager to prioritize infant formula production with safety and scale to help replenish the supply in the market,” said Joanne Hsu, vice president of operations. “We are ready to produce safe, high-quality premixes with careful processing and top-quality standards at our facility for reassuring parents and babies that they will have access to quality and safe infant formula.”

Safety continues to be at the forefront of the crisis. ProTab has the capabilities of in-house analytical laboratory services for quality control validation, including analytical capabilities. The company is FDA registered with cGMP, FSMA, and FSSC 22000 certified by NSF.

“ProTab can rapidly turn around the production of powder and premix for liquid infant formula at a large scale to bolster the supply of products with proper FDA-inspected nutritional values and safety,” said Hsu. “Our certifications are the gold standard of safety for reassuring our manufacture of food and supplement solutions, including infant formula premix solutions.”

“As a GFSI certified producer and packager of supplement solutions, ProTab elevates food safety to the next level with our state-of-the-art facility, coupled with our quality control procedures and testing,” said Fariba Samadi, director of quality assurance and regulatory affairs. “Following stringent quality assurance and safety processes, we evaluate the quality of raw materials before manufacturing as well as the finished goods.”

Infant formula producers can leverage ProTab’s modern technology for precision blending needed for producing infant formula. Microencapsulation is offered to mask the undesirable characteristics of particular additives and formula ingredients. The technology is part of ProTab’s recent multimillion-dollar expansion to increase the footprint for blending and mixing premix solutions.

ProTab can also help secure the best materials and ingredients if needed; the company keeps up with the newest production and delivery technologies and the latest regulatory requirements and considers modern formulation and consumer trends.

For specific needs in labeling and standards, ProTab Labs can manufacture products to the specification of USDA Organic, Non-GMO Project Verified, Halal, and Kosher. The company is registered with Health Canada as a foreign manufacturer site.

“We encourage infant formula manufacturers and brand holders to bring their formulas and packaging schematics to work with us,” said Hsu. “We are confident in helping everyone get through the bottleneck together and positioning ProTab as a long-term infant formula production partner,” said Hsu.

About ProTab Laboratories
ProTab Laboratories is a custom research contract manufacturer operating a state-of-the-art facility in Southern California for providing rapid turnaround services for tablet, capsule, and powder form products, along with high-capacity mixing processes for nutritional and dietary supplements, tableting, microencapsulation, granulation, and milling. ProTab can guide brands through the product development and technical process from inception to the final product.

Contact us at info@protablabs.com.

For brands that would like to strengthen their vendor diversity profile, ProTab is also a certified Women-Owned Business Enterprise.

ProTab’s manufacturing operation is fully compliant with all current Good Manufacturing Practices (cGMP) established within the industry and meets or exceeds all quality standards for Nutritional Supplements. The company has established Standard Operating Procedures (SOP) to ensure that this standard is met in all manufacturing process phases. Our quality control standards are compliant with Kosher, Halal, Health Canada, USDA Organic, State of California Department of Public Health, NSF, and Non-GMO Project Verified.


Ana Arakelian, Head of Public Relations and Communications
ProTab Laboratories

mindzie Recognized in the Everest Group PEAK Matrix® on Process Mining

mindzie continues to strengthen its position as a rising leader in Process Mining

Order to Cash

Order to Cash

DALLAS, June 16, 2022 (GLOBE NEWSWIRE) — mindzie, inc. (“mindzie“), provider of process mining and business process optimization software, today announced that it has been recognized in Everest Group’s Process Mining Products PEAK Matrix® Assessment 2022.

The process mining industry is growing rapidly with organizations across the globe recognizing the operational efficiency benefits the technology can help drive. From business process mapping, creating digital twins, to audit and compliance the number of use cases continue to expand as process mining technology becomes the corner stone of digital transformation and automation efforts.

“We are extremely proud to be recognized on the PEAK Matrix®,” said James Henderson, mindzie’s Chief Executive Officer. “Our focus is on expanding the adoption of process mining within enterprise and mid-market level companies. mindzie’s low-code process mining platform allows for rapid time to value, providing users of all skill levels the information they need to have a positive impact.”

Process mining is being applied to a wide range of business processes to allow organizations to x-ray how they operate and provide them data driven insights into bottlenecks, inefficiencies, and other opportunities to improve operations.

  • Procure to Pay (P2P)
  • Order to Cash (O2C)
  • Accounts Payable
  • Accounts Receivable
  • Support Tickets
  • Hire to Retire (HR)
  • Supply Chain
  • Manufacturing
  • And much more…

For more information, please contact https://mindzie.com/contact

About mindzie

mindzie provides process mining and business process optimization software. mindzie designs and develops its solutions to drive operational efficiency for businesses of all shapes and sizes in a wide variety of industries helping them unlock the hidden time and cost savings in their business processes. To learn more about mindzie, visit www.mindzie.com.

Media Contact:


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Order to Cash Process Map

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Sumo Logic Named a Challenger in the Gartner® Magic Quadrant™ for Application Performance Monitoring and Observability

REDWOOD CITY, Calif., June 16, 2022 (GLOBE NEWSWIRE) — Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced it has been included for the first time and positioned by Gartner in the Challengers Quadrant of the 2022 Magic Quadrant for Application Performance Monitoring and Observability.1

“We believe that our position as a Challenger is a testament to Sumo Logic’s ability to provide enterprises with cloud-native tools to deliver reliable digital experiences at scale,” said Erez Barak, VP of Product Development for Observability at Sumo Logic. “Full-stack observability starts with simplifying how logs, metrics and traces are collected to give organizations every advantage available to manage modern applications.”

As a cloud-native SaaS analytics platform, Sumo Logic turns machine-generated data, including logs, metrics, and traces, into real-time insights. The platform addresses the complexity of digital transformation, modern applications and cloud migration by helping customers ensure application reliability and manage and optimize multi-cloud infrastructures.

Barak continued, “Our strategy to embrace open source and establish OpenTelemetry as our collection standard, and deliver customers the power to control data costs – anchored by our cloud-native heritage – are just a few examples of what distinguishes us in the industry and cements our place in modern application management and full-stack observability.”

The APM and Observability Challengers quadrant comprises vendors with broad market reach and large deployments. Vendors in this quadrant typically have strong execution capabilities and a significant sales and brand presence garnered from the company as a whole, if not directly from its APM-related activities. Some vendors previously may have been among the top performers in the market and, thus, offer broad product portfolios. Vendors in this quadrant may be transforming their product offerings and market focus. In some cases, their APM offerings are often positioned as elements of a larger solution that may even extend beyond the boundaries of ITOM.

The full report, “2022 Magic Quadrant for Application Performance Monitoring and Observability,” is available for download:

About Sumo Logic Observability

[1] Gartner, “Application Performance Monitoring and Observability Magic Quadrant,” Padraig Byrne, Gregg Siegfried, Mrudula Bangera, June 7, 2022.

Gartner Disclaimer:
Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Sumo Logic
Sumo Logic, Inc. (NASDAQ: SUMO) empowers the people who power modern, digital business. Through its SaaS analytics platform, Sumo Logic enables customers to deliver reliable and secure cloud-native applications. The Sumo Logic Continuous Intelligence Platform™ helps practitioners and developers ensure application reliability, secure and protect against modern security threats, and gain insights into their cloud infrastructures. Customers around the world rely on Sumo Logic to get powerful real-time analytics and insights across observability and security solutions for their cloud-native applications. For more information, visit www.sumologic.com.

Sumo Logic is a trademark or registered trademark of Sumo Logic in the United States and in foreign countries. All other company and product names may be trademarks or registered trademarks of their respective owners.

Any information regarding offerings, updates, functionality, or other modifications, including release dates, is subject to change without notice. The development, release, and timing of any offering, update, functionality, or modification described herein remains at the sole discretion of Sumo Logic, and should not be relied upon in making a purchase decision, nor as a representation, warranty, or commitment to deliver specific offerings, updates, functionalities, or modifications in the future.

Media Contact
Carmen Harris
Sumo Logic
(650) 414-1584

Enterprise Payment Leader TIS Acquires Forecasting Innovator Cashforce

TIS Acquires Cashforce to Revolutionize Global Liquidity Management for Treasury and Finance Teams

Featured Image for TIS

Featured Image for TIS

HEIDELBERG, Germany, June 16, 2022 (GLOBE NEWSWIRE) — Treasury Intelligence Solutions (TIS), a global leader in enterprise payment optimization, today announced its acquisition of Cashforce, an AI-powered provider of cash management and forecasting solutions.

This acquisition will see Cashforce’s leading cloud solution – currently deployed at many of the largest and most sophisticated corporate treasuries in the world – become integrated with TIS’ SaaS payments platform. This unified solution will provide enterprises with an unmatched suite of capabilities for cash management, global payments, and fraud mitigation along with superior connectivity, workflows, and reporting functions.

Over the past few years, TIS and Cashforce have collaborated closely to provide a complementary offering for treasury and finance teams. These efforts were met with immediate success in the market as demand for improved cash management and forecasting tools has risen sharply. Now, TIS’ acquisition of Cashforce presents the perfect opportunity to integrate both products together as part of a more complete offering.

For the thousands of enterprise treasury and finance practitioners who currently use TIS, this acquisition provides access to faster and more accurate cash reporting, forecasting, and working capital management. To date, cash positioning and forecasting are still being performed manually by many treasury groups, which represents a major pain point for CFOs and business leaders when attempting to make strategic financial decisions. However, the robust capabilities provided by Cashforce eliminate many of these inefficiencies and ultimately enable companies to gain quick and accurate insights into their financial position based on reliable payments and liquidity data.

According to Erik Masing, Group CEO of TIS, “Cashforce has been a premier partner of TIS for several years and has contributed significantly to the cash forecasting and management capabilities we offer clients. The acquisition is a natural extension of our business and will allow TIS to further integrate Cashforce’s solution with our platform in order to offer advanced forecasting and data management capabilities to all our clients. This means enterprises can significantly reduce complexity in their global payments and cash management tech stacks by leveraging standardization and transparency afforded by a single, elegant solution.”

For Cashforce, the acquisition means that existing clients can now supplement their robust forecasting capabilities with TIS’ industry-leading payments and bank connectivity features. As explained by Nicolas Christiaen, Founder and CEO of Cashforce, “Giving businesses complete visibility over their cash and liquidity data has always been the core objective of Cashforce. While we have spent years perfecting our capabilities in this regard, TIS has been strengthening their suite of payments, bank connectivity, and cash management tools. When combined, these two sets of capabilities form the ideal solution for global treasury and finance teams to achieve full control and visibility over their entire payments and liquidity architecture – including all entities, back-office systems, and banks.”

With the added capabilities of Cashforce’s solution, TIS now offers a single, scalable cloud platform for clients to address needs in the following areas:

  • End-to-end payment processing and bank statement management
  • Global bank connectivity and financial messaging
  • Real-time cash positioning and liquidity management
  • Multifaceted cash forecasting, cashflow analytics, and working capital management
  • Bank account management and bank documentation management
  • Payment compliance and sanctions screening control
  • Treasury security, regulatory compliance, and fraud mitigation tools

For more information on TIS’ acquisition of Cashforce and the advantages our combined solution will provide to enterprise treasury, finance, and executive teams, contact us at info@tispayments.com or by using the information found on our website.

About TIS

TIS is reimagining the world of enterprise payments through a cloud-based platform uniquely designed to help global organizations optimize payments, manage cash visibility, and mitigate risk. Corporations, banks, and business vendors leverage TIS to transform how they connect global accounts, collaborate on payment processes, execute outbound payments, analyze cash flow and compliance data, and improve critical outbound payment functions. With $2 trillion in payments processed annually, the TIS corporate payments platform helps businesses improve operational efficiency, lower risk, manage liquidity, gain a strategic advantage – and ultimately achieve enterprise payment optimization. Visit us for more information at https://www.tispayments.com.

About Cashforce

Cashforce’s cloud-based software enables corporates to unlock their data – of any volume and complexity – so they can make smarter cash management decisions and improve their cashflow forecasting capabilities. We do so on the premise of a real-time, interconnected global world where insights and transparency are key for external and internal stakeholders alike.

Official Press Contact 

Jennifer Knutel, VP Marketing, Americas
+1 (617) 955-3223
75 State Street, 1st Floor
Boston, MA 02109

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The Metals Company Announces Key Event Schedule for June 2022

NEW YORK, June 16, 2022 (GLOBE NEWSWIRE) — Following successful deep-water trials of the polymetallic nodule collector vehicle and riser system, as well as the release of its inaugural Impact Report, The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, intends to participate at the following virtual and in-person conferences being held by leading organizations in June 2022:


Benchmark Mineral Intelligence Battery Gigafactories USA 2022
Presentation: Friday, June 24, 2022, from 14:00-14:45 Eastern Time
Format: Panel discussion on nickel and cobalt, at the Hyatt Regency Washington On Capitol Hill, 400 New Jersey Ave NW, Washington, DC 20001
Speaker: Craig Shesky, Chief Financial Officer
Registration: Link

Prospectors & Developers Association of Canada (PDAC) Convention
Date: June 28-29, 2022 (online)
Format: Online company booth and 1x1s
Attendees: Gerard Barron, Chairman & Chief Executive Officer and Craig Shesky, Chief Financial Officer
Registration: Link

Bank of America SmartMine 3.0 – The Innovators
Presentation: Wednesday, June 29, 2022
Format: Panel discussion
Speaker: Gerard Barron, Chairman & Chief Executive Officer
Register: To sign up, please reach out to your Bank of America salesperson or the research team

Additional TMC & Industry Events

TMC NORI-D Offshore Engineering Stakeholder Webinar
Presentation: Tuesday, June 21, 2022, from 11:00-12:00 Eastern Time
Format: Virtual presentation and Q&A
Speakers: Jon Machin, Head of Offshore Development, The Metals Company
Registration: Link

The Wilson Center — Seabed Mining, International Law, and the United States
Presentation: Tuesday, June 21, 2022, from 14:00-15:15 Eastern Time
Format: Panel discussion
Speakers: Greg O’Brien, Senior Ocean Policy Advisor, Office of Ocean and Polar Affairs, U.S. Department of State; Michelle Michot Foss, Fellow in energy, minerals and materials, Rice University’s Baker Institute; Commander Kirk Lippold, USN (Ret.)
Moderator: Duncan Wood, VP for Strategy & New Initiatives; Senior Advisor to the Mexico Institute, The Wilson Center
Registration: Link

About The Metals Company
The Metals Company is an explorer of lower-impact battery metals from seafloor polymetallic nodules, on a dual mission: (1) supply metals for the clean energy transition with the least possible negative environmental and social impact and (2) accelerate the transition to a circular metal economy. The company through its subsidiaries holds exploration and commercial rights to three polymetallic nodule contract areas in the Clarion-Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru, Kiribati and the Kingdom of Tonga.

More information is available at www.metals.co.

Media | media@metals.co
Investors | investors@metals.co

SPM 2021: Ahmad Nabil excels despite anxiety over dad’s health

KOTA KINABALU, June 16 (Bernama) — Two months before the Sijil Pelajaran Malaysia (SPM) examination, Ahmad Nabil Abidin’s father suffered from a stroke which left him partially paralysed.

However, this was not an excuse for the Sekolah Menengah Kebangsaan Agama Kota Kinabalu student not to excel in the examination and eventually be named as Sabah’s SPM 2021 top scorer (category A) after scoring 9A+, 2 A and 1 A-.

Ahmad Nabil, 18, who came to collect his result slip with his mother and wheelchair-bound father, Abidin Ali Hasan, 53, could not hold back tears when he received the results from Deputy Education Minister II Datuk Mohamad Alamin.

When met by reporters at his school, Ahmad Nabil said although he was sad because his father was ill, it did not dampen his spirit from excelling in his studies.

“I never considered my father’s health problems as a burden but I take it as a motivation to succeed and become a doctor one day,” he said.

Also present at today’s ceremony was state Education Department director Tah Nia Jaman.

Asked about the secret behind his success, Ahmad Nabil who hailed from Kampung Pimping, Membakut said: “There is no secret…I studied like others and most importantly, I always seek my parents’ blessings.

“I did not expect to become the best student because many of my friends have better potential. However, I’m thankful for this success,” he said.

Ahmad Nabil added that he planned to apply for a scholarship, including from the Public Service Department, to fulfil his dream of studying abroad.

Source: BERNAMA News Agency