Category: Press Releases

nCino enhances efficiency to support growth ambitions while helping ensure data security at the Tokyo-based financial institution

TOKYO and WILMINGTON, Del., Sept. 12, 2023 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that The Nomura Trust & Banking Co., Ltd. (Nomura Trust), a Japanese trust bank and wholly-owned subsidiary of Nomura Holdings, Inc., has successfully implemented and is live on the nCino Cloud Banking Platform. This development marks a significant step forward in Nomura Trust’s modernization journey.

Established in 1993, Nomura Trust provides trust and banking services, and currently has over ¥50 billion in capitalization. The bank recognized the need to modernize its operations to better serve its customers in the future and achieve key business objectives including eliminating inefficient operations, ensuring data security, integrating, and centralizing data, and better utilizing deal information.

After careful consideration, Nomura Trust chose nCino for its robust CRM capabilities, end-to-end loan approval functionality, and flexible cloud-based implementation. The platform also provides capabilities of customer-centric data management with improved security, which enables high-value-added services to customers and can help the bank drive top line growth.

“It’s an honor to be part of Nomura Trust’s modernization journey,” states Davis Brannan, Executive Vice President of Ecosystem and Strategic Growth at nCino. “Our partnership extends beyond mere digitization. It’s about realizing Nomura’s vision of synergy between their banking and securities services seamlessly. By harnessing the power of the nCino Cloud Banking Platform, Nomura Trust is set to redefine efficiency, improve loan balance, and enhance their operational synergy. This is a pioneering step in the Japanese market and we’re excited to see where this collaboration leads.”

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
press@ncino.com

GlobeNewswire Distribution ID 8920223

Singapore, Sept. 12, 2023 (GLOBE NEWSWIRE) —  OKLink, a leading Web 3.0 on-chain data provider under OKG Technology Holdings Limited (1499.HK), and CertiK, the frontrunner in blockchain security, today announced a collaboration pioneering the Freeze Asset Request (FAR) technical standard. This initiative seeks to simplify incident reporting pathways and expedite the freezing of stolen assets.

The two parties will deepen their ongoing collaboration in risk control, and data compliance areas, including but not limited to exploring data labeling standards and standardizing information interaction processes. CertiK and OKLink are committed to enhancing data accuracy and coverage, advancing the secure development of the Web 3.0 industry.

During the summit, CertiK hosted a panel discussion titled “How the Community Improves Security for Web 3.0 Users.” This panel featured experts including Professor Kang Li of CertiK, Jeffrey Ren, Chairman and CEO of OKG Tech, and Professor Yang Liu of Nanyang Technological University. They explored collaborative measures by which the industry can bolster user asset protection.

Jeffrey Ren noted that security incidents in Web 3.0 are all too frequent, with bad actors often attempting to transfer compromised assets to exchanges. In response, affected parties request the exchange to freeze these stolen funds. Historically, each exchange has independently developed its own procedures for processing such fund-locking requests, resulting in a diverse set of technical requirements and documentation expectations. In this case, the communication between victims and exchanges is often lengthy, while the window of time to retrieve funds is very short. There is a pressing need for the Web 3.0 community, including exchanges and security enterprises, to formulate a consistent fund-freezing blueprint, to the benefit of both victims and exchanges. Given OKLink’s expertise in blockchain analysis, partnering with security leaders like CertiK is a catalyst for positive shifts in the Web 3.0 sphere.

Professor Kang Li, Chief Security Officer of CertiK, introduced CertiK’s ongoing collaboration with OKLink and other exchanges to champion the FAR initiative. This initiative is directed at standardizing fund-freezing procedures, and CertiK invites more firms to join this movement. By doing so, victims can be better directed on liaising with exchanges during crises. In addition to standardizing fund-freezing procedures, CertiK and OKLink are also working collaboratively to establish a universal transaction label taxonomy, which will unify investigation labels from various data providers. Since 2022, CertiK has detected over 1,100 security incidents involving a total loss of $4.8 billion. Leveraging CertiK’s extensive database resources, the company’s suite of SaaS security products have been actively monitoring and tracking over two billion wallets and smart contract addresses, providing real-time comprehensive assessments of security trends for nearly 12,000 projects. To date, CertiK has audited over 4,100 Web 3.0 projects, identified nearly 70,000 vulnerabilities in blockchain code, and safeguarded digital assets valued at nearly $370 billion. CertiK is poised to lead the industry towards enhanced security standardization and collaboration.

This is the latest step in OKLink and CertiK’s strong professional association. Both firms share the vision of raising the standards of security and transparency in Web 3.0. This strategic partnership is a significant milestone in their combined mission, and comes with major benefits for the broader Web 3.0 industry.

About CertiK
CertiK is a pioneer in blockchain security, combining expert manual review with best-in-class AI technology to protect and monitor blockchain protocols and smart contracts. Founded in 2018 by professors from Yale University and Columbia University, CertiK’s mission is to secure the web3 world. CertiK applies cutting-edge innovations from academia to enterprise, enabling mission-critical applications to scale with safety and correctness.

One of the fastest-growing and most trusted companies in blockchain security, CertiK is a true market leader. Our clients include leading projects such as Aptos, Ripple, Sandbox, Polygon, BNB Chain, and TON.

CertiK is backed by InsightPartners, Sequoia, Tiger Global, Coatue Management, Lightspeed, Advent International, SoftBank, Hillhouse Capital, Goldman Sachs, Coinbase Ventures, Binance, Shunwei Capital, IDG Capital, Wing, Legend Star, Danhua Capital and other investors.

About OKLink
OKLink is a subsidiary of OKG Technology Holdings Limited (“OKG Tech,” 1499.HK), a leading global provider of Web3 on-chain data and compliance solutions. By focusing on the development of applications based on blockchain, big data, and AI, the Group’s Web 3 comprehensive data analysis platform, oklink.com, currently offers a range of products, which includes blockchain explorer (“Explorer”), on-chain anti-money laundering solution (“Onchain AML”), all-in-one investigative and traceability platform (“Chaintelligence”) for regulators, and robust OpenAPI service to support the positive development of the industry.

Furthermore, OKLink covers more than 170 different blockchain networks, aggregates over 1,000TB of on-chain data, processes up to 30 billion on-chain data transactions, and boasts over 3.4 billion address tags, nearly 70 million of which have been flagged as potentially high-risk addresses.

Media Contact: 
Hari Govindarajan
PR Specialist, Luna PR
hari@lunapr.io

GlobeNewswire Distribution ID 1000839087

SPRING, Texas, Sept. 12, 2023 (GLOBE NEWSWIRE) — Io Therapeutics, Inc., announced today the publication in Scientific Reports – Nature Publishing Group, of results from studies done with the company’s novel anti-cancer compound IRX4647, an agonist of the retinoic acid nuclear receptor gamma, discovered in the company’s oncology drug program. The paper, titled “A novel retinoic acid receptor-gamma agonist antagonizes immune checkpoint resistance in lung cancers by altering the tumor immune microenvironment,” authored by Cheng-Hsin Wei, Ph.D., et al., reports studies done in the laboratory of the Molecular Pharmacology Program at the Frederick National Laboratory for Cancer Research (FNLCR), supervised by Xi Liu, Ph.D., Senior Principal Scientist; and Ethan Dmitrovsky, M.D., president of Leidos Biomedical Research and Director of the Frederick National Laboratory for Cancer Research.

The studies showed that oral treatment with IRX4647 in combination with an immune checkpoint inhibitor (anti-PD-L1) resulted in suppression of a typically checkpoint inhibitor treatment-resistant syngeneic lung cancer in mice. IRX4647 did not appreciably impact growth of the lung tumor cells in cultures, indicating that the compound alone is not directly toxic to lung cancer cells. Studies in other syngeneic mouse cancer models implicated the tumor microenvironment in these anti-cancer effects since T cell depletion antagonized those effects. Notably, treatment of mice with IRX4647 in combination with the checkpoint inhibitor increased the presence of CD-4 T-lymphocytes in the tumors, indicating that the compound’s anti-cancer effects were mediated through promotion of anti-cancer immune responses in combination with the checkpoint inhibitor.

Dr. Dmitrovsky stated, “These results reveal an approach to potentially improve treatment of cancers in humans using combinations of retinoic acid nuclear receptor gamma agonists with checkpoint inhibitors. Future clinical trials could address this possibility.”

Martin Sanders, M.D., Chief Executive Officer of Io Therapeutics noted that “Scientific Reports – Nature Publishing Group” is the fifth most highly cited scientific journal in the world. “That these results were published so prominently in the literature indicates their importance to the future of cancer therapeutics.” Sagar Vuligonda, Ph.D, Chief Scientific Officer of Io Therapeutics stated “The company has designed, synthesized, and patented multiple structural families of compounds which bind selectively to the retinoic acid nuclear receptor gamma, and to various other retinoic acid nuclear receptor targets, which we are pursuing as potential treatments for diverse cancers, and also for treatment of neurodegenerative and autoimmune diseases such as Parkinson’s disease and psoriasis.”

About Io Therapeutics:   Io Therapeutics, Inc. is a privately held company headquartered in Spring, Texas, focused on the development of novel retinoic acid-based compounds for treatment of cancers, neurodegenerative diseases, and autoimmune diseases. More information on Io Therapeutics is available on the company’s web site: www.io-therapeutics.com

Forward Looking Statements: This new release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995.

Contact:

info@io-therapeutics.com

GlobeNewswire Distribution ID 8920489

PHOENIX, Sept. 11, 2023 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible space and storage solutions, today announced the pricing of the private offering of $500 million aggregate principal amount of 7.375% senior secured notes due 2031 (the “Notes”) by its indirect subsidiary Williams Scotsman, Inc. (“WSI”). The Notes were priced at 100% of their face value. The closing of the offering of the Notes is expected to occur on or about September 25, 2023, subject to customary closing conditions.

WSI intends to use the net proceeds of the offering to repay approximately $494 million of outstanding indebtedness under its existing ABL credit facility and to pay related fees and expenses.

The Notes will be offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and to non-U.S. persons outside the United States in accordance with Regulation S under the Securities Act. The Notes and the related guarantees will not be registered under the Securities Act or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and other applicable securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About WillScot Mobile Mini

WillScot Mobile Mini trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible space and storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 240 branch locations and additional drop lots throughout the United States, Canada, and Mexico.

Cautionary Statement Regarding Forward Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words “estimates,” “expects,” “anticipates,” “believes,” “forecasts,” “plans,” “intends,” “may,” “will,” “should,” “shall,” “outlook,” “guidance,” “see,” “have confidence” and variations of these words and similar expressions identify forward-looking statements, which are generally not historical in nature. Certain of these forward-looking statements include statements relating to the timing and conduct of the offering of the Notes, the size and terms of the offering of the Notes and the closing of the offering of the Notes. Forward-looking statements are subject to a number of risks, uncertainties, assumptions and other important factors, many of which are outside our control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. These risks include, without limitation, risks and uncertainties related to market conditions, that the size of the offering of the Notes could change or the offering of the Notes could be terminated, and the satisfaction of customary closing conditions related to the offering of the Notes. Any forward-looking statement speaks only at the date on which it is made, and the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

GlobeNewswire Distribution ID 8920232

The new independent company charts enormous success with industry leader Bud Collins at the helm.

BOSTON and DETROIT, Sept. 11, 2023 (GLOBE NEWSWIRE) — Today, just ahead of the RE+ exhibition, American Battery Solutions, Inc. (ABS) is pleased to announce the spin-out of its Energy Storage Solutions Division (ABS-ESS) to create a new company: American Energy Storage Innovations, Inc. (AESI). This strategic move represents a significant milestone in the evolution of energy storage technology and underscores ABS’ commitment to driving innovation within the industry.

ABS was founded just four years ago by Subhash Dhar, a venerable 40-year battery industry veteran, and has consistently led the charge to advance cutting-edge energy storage technologies. Dhar, who remains actively engaged as a board member of the new venture, emphasized, “We nurtured and honed the unique potential embodied by TeraStor when we established the ESS Division, announced publicly just last year. Today, we fully recognize its potential, and are exhilarated to witness the autonomous ascent of AESI.”

AESI (RE+ exhibitor booth 13100) will operate as a fully independent company, enjoying the continued support, confidence and backing of ABS’ longstanding investors, the KCK Group. With an unwavering commitment to revolutionizing energy storage, AESI is poised to take center stage in the global energy transition and is set to redefine the future of energy storage technology.

The board of directors made the strategic decision to establish AESI as a distinct corporation, recognizing the incredible potential of the team’s groundbreaking technology and the immense growth opportunities on the horizon. By focusing exclusively on energy storage innovation, AESI will be better equipped to respond to the evolving demands of the market, accelerate technological advancements and drive the transition to sustainable energy solutions.

AESI will be helmed by Bud Collins, a highly respected industry leader with over 35 years of experience in developing and implementing power, energy and energy management solutions. Under his direction, AESI will draw upon the expertise of the same management team and technical experts who have played pivotal roles in ABS-ESS since its establishment in 2021. This core team of industry veterans has a longstanding working relationship with Collins, having collaborated at multiple companies, and together they have collectively overseen the successful execution of more than 1.5 gigawatt-hours of energy storage projects over the past 15+ years, worldwide.

What sets AESI apart is its inheritance of the extensive resources and capabilities developed within ABS-ESS, coupled with a dedicated institutional focus on pioneering energy storage technologies. AESI is committed to pushing the boundaries of innovation in energy storage and remains steadfast in its mission to drive sustainability and usher in a new era of energy solutions.

“We are thrilled to embark on this new journey as American Energy Storage Innovations,” said Collins, CEO of AESI. “Our team’s collective expertise and dedication to innovation will allow us to build on the strong foundation we created as ABS-ESS and make a significant impact on the energy storage industry. With the continued support of the KCK Group, we are poised to achieve remarkable success in shaping the future of energy storage technology.”

This announcement marks a successful exit for ABS-ESS and represents a pivotal moment in the energy storage industry, signaling a commitment to innovation and sustainability. As AESI begins its journey as an independent company, it remains dedicated to pushing the boundaries of what is possible in energy storage, driving the global energy transition to new heights.

For more information on AESI and the 7.2 MWh (300MWh/acre) TeraStor^TM, please visit booth 13100 at the RE+ exhibition or visit https://www.aesi-ess.com.

About American Energy Storage Innovations, Inc.
AESI is a pioneering provider of advanced energy storage solutions. The company designs, develops and manufactures cutting-edge systems, empowering customers to harness the full potential of renewable energy and optimize energy management. With a steadfast commitment to value, reliability, sustainability and innovation, the AESI team of industry veterans aims to revolutionize the energy storage landscape.

Contact
AESI Media Relations
American Energy Storage Innovations, Inc.
2 Cabot Road, Hudson, MA 01749 USA
media@aesi-ess.com

GlobeNewswire Distribution ID 8919936