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Author: Cloud PR Wire

HIVE Digital Technologies CEO Aydin Kilic discusses strategic growth in AI and crypto mining

Press Release
–News Direct– HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) president and CEO Aydin Kilic joined Stephen Gunnion in Proactive's London studio with insights into the companys transition and growth. Initially established as the first publicly traded crypto mining company in 2017, HIVE began by mining Ethereum in Iceland before expanding to Sweden and Canada. Following Ethereum's transition during the merge, HIVE pivoted its GPU resources from Ethereum to Bitcoin mining and later to AI computing. This strategic shift has proven profitable, with the AI computing segment achieving a $1 million annual run rate in its initial beta test phase and growing to an almost $10 million Internal Rate of Return (IRR) in the subsequent year. Kilic also discussed the operational diffe...

PRESTIGEPEO WINS TWO STEVIE AWARDS IN 2024 AMERICAN BUSINESS AWARDS

Press Release
–News Direct– PrestigePEO, one of the nations largest professional employer organizations (PEO), announced today it was named winner of two Bronze Stevie Awards in both the Company of the Year – Business & Professional Services Medium and Achievement in Sales or Revenue Generation categories of The 22nd Annual American Business Awards. The American Business Awards are the U.S.A.s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations public and private, for-profit and non-profit, large and small. Nicknamed the Stevies for the Greek word meaning crowned, the awards will be presented to winners at a gala ceremony at the Marriott Marquis Hotel in New York on Tuesday, June 11. Tickets are now on sale. PrestigePEO was recognized ...

Team Internet CEO Michael Riedl discusses growth and integration post-Shinez acquisition

Press Release
–News Direct– Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) CEO Michael Riedl discusses the completion of the acquisition of Shinez, a digital content production and promotion company specialising in listicle-based articles with embedded advertisements. Riedl noted that the acquisition is immediately accretive to earnings, with an expected high single-digit EPS accretion for the year, even before accounting for synergies. He highlighted that Shinez attracts different customer groups early in the decision-making process, which complements Team Internet's existing product suite. With the inclusion of Shinez, Team Internet now covers the entire marketing conversion funnel, from initial awareness to final sale conversions, he added. Riedl also discussed future growth strategies, em...

Axmed raises $2 million to transform access to critical medicines in low and middle income countries

Press Release
–News Direct– For too long, low- and middle-income countries (LMICs) have borne the brunt of global health disparitiesaccounting for over 80% of the world's population and more than 90% of its disease burdenyet representing a mere 6% of global pharmaceutical revenue. Equitable access to high quality affordable medicines remains a daunting task, and addressing this challenge has never been more critical. Axmed, an innovative two-sided B2B marketplace platform, is taking a bold and meaningful step forward in addressing this disparity with the announcement of a $2 million seed funding round. This investment aims to accelerate the affordability, availability, and distribution of essential and innovative medicines in underserved regions. The fresh investment was led by Founderful and c...

New Crypto Casino TG.Casino Becomes Regional iGaming Partner of AC Milan

Press Release
–News Direct– TG.Casino Announcement In a May 6 tweet, the @TGCasino_ account on X posted: TG Casino is proud to formally announce our new partnership with AC Milan joining them as their iGaming partner in Europe. Players at TG Casino will soon be able to win money cant buy AC Milan experiences and merchandise! The acmilan.com website posted a press release the same day: AC Milan and TG.Casino are delighted to announce a new partnership, which sees the online casino platform become the Official Regional iGaming Partner of the Rossoneri in Europe. Thanks to this new partnership, $TGC token holders will have the chance to win lots of experiences offered by the Rossoneri club. The football club went on to add that $TGC holders will have chances to win official AC Milan jerseys, visits to th...

Mosman Oil and Gas ramps up production at Stanley as it prepares for asset sale

Press Release
–News Direct– Mosman Oil and Gas Ltd (AIM:MSMN) CEO Andy Carroll discusses the company's recent production increase at the Stanley project in the US, attributing the success primarily to improvements at Stanley-3 well. Carroll highlighted that optimising production not only boosts revenue but also prepares the project for a potential sale. He revealed the company's strategy to refocus investment towards helium and hydrocarbon sectors, explaining that selling the well-positioned Stanley assets would generate substantial cash, particularly benefiting Australian operations. Carroll also mentioned the completion of EP 145 Farm-in in Australia following final government approvals, with Greenvale set to fund upcoming seismic and drilling activities. He concluded by noting the ...

Creo Medical honoured with King’s Award for Enterprise in Innovation

Press Release
–News Direct– Creo Medical Group PLC (AIM: CREO) CEO Craig Gulliford joins Proactive's Stephen Gunnion with the news that the company has been recognised with the King's Award for Enterprise in Innovation, an accolade honouring innovative UK companies for their impact in their respective sectors. The award highlights Creo's influence on patient outcomes through their advanced medical technologies. Gulliford emphasised the rare honour, noting that among over five million companies in the UK, only 59 received this award this year. The company leverages a unique combination of bipolar radiofrequency energy with microwave energy, focusing on miniaturising surgical procedures. This innovation has led to significant advancements in treatment effectiveness and cost-effi...

IB2 founder Girbal: “young managers, go for green !”

Press Release
The ecological transition can be a formidable growth lever for new leaders in search of meaning. Paris, France May 6, 2024 (Issuewire.com) – Young managers are encouraged to embrace green initiatives as a powerful growth strategy and path to meaningful leadership in today’s rapidly evolving business landscape. As environmental challenges become increasingly pressing, sustainable practices emerge as a crucial asset for companies striving to remain competitive and socially responsible. Transformative Solutions: IB2 Revolutionizes Aluminum Industry’s Ecological Impact At IB2, a company dedicated to transforming the aluminum industry’s ecological impact, co-founder Romain Girbal has witnessed firsthand how sustainability drives innovation and economic growth. IB2’s revolutionary process up...

5thScape Lists “MMA Cage Conquest” on Meta Store: Step into the Ultimate Virtual MMA Arena

Press Release
–News Direct– Mixed Martial Arts fans and enthusiasts, your virtual fighting dreams have arrived! 5th Scape delivers a transformative experience with "MMA Cage Conquest," stepping far beyond traditional fighting games into true sensory immersion. Step into the iconic MMA cage, feel the roar of the crowd and become the champion you always envisioned. The 5thScape Project is an ambitious venture that aims to create a comprehensive Virtual Reality ecosystem. In this VR ecosystem many developers, gamers and experts from various industries can collaborate. This is a VR gaming studio startup in which they focus on developing games, movies, animations etc. Apart from this, they are also planning to launch a special VR headset and a VR Chair which is an ergonomically perfect chai...

AdvicePay Promotes Kelsey Lewis to President

Press Release
–News Direct– AdvicePay, the industry-leading platform for processing payments and overseeing compliance of fee-for-service financial planning, announced today that it has appointed Kelsey Lewis as President, promoting the former Head of Customer Success to the No. 2 position at the company, where she will closely collaborate with founder and CEO Alan Moore to execute on his vision. Lewis joined AdvicePay in December of 2021 as the firms first Head of Customer Success and helped build the team and systems that ensure AdvicePay is delivering on its promises to customers. In that role, Lewis worked with many of the industrys largest RIAs and broker-dealers, overseeing customer success and support efforts, including onboarding, relationship management, and solutions consulting. Her efforts ...