Mastercard and Oracle Team Up to Speed Social and Economic Assistance

AUSTIN, Texas and PURCHASE, N.Y., Feb. 4, 2021 /PRNewswire/ — As the need for economic relief and assistance continues to grow around the world, so do the complexities and challenges in meeting those needs. Mastercard and Oracle hope to change that through the launch of an automated, end-to-end solution to help governments, non-profits and financial services firms streamline the delivery of economic assistance around the world.

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AUSTIN, Texas and PURCHASE, N.Y., Feb. 4, 2021 /PRNewswire/ — As the need for economic relief and assistance continues to grow around the world, so do the complexities and challenges in meeting those needs. Mastercard and Oracle hope to change that through the launch of an automated, end-to-end solution to help governments, non-profits and financial services firms streamline the delivery of economic assistance around the world.

The new integrated Oracle and Mastercard solution automates the process of helping those in need – from determining program eligibility to the accurate and timely distribution of funds, in turn removing inefficiencies, reducing operational costs, and enhancing fraud prevention.

The Mastercard and Oracle solution offers several key features that meet the disbursement needs of many financial assistance programs:

  • Eligibility Determination: Sophisticated rules-driven eligibility determination and payment calculations capabilities are established by Oracle Service.
  • Eligibility Verification: Interactive wizards, secure digital uploads and video conferencing allow constituents to confirm the documentation and steps required to verify eligibility, and to prove that they meet requirements in the absence of in-person interactions amid the pandemic.
  • Application Process: A digital, rules-driven application process for benefit programs is accessible anywhere, anytime.
  • Online Access: Online and mobile self-service portals deliver highly personalized and automated advice.
  • Funds Access: Providing choice, flexibility and convenience, recipients can select their preferred payment method, whether through virtual or physical prepaid cards or to their debit cards via Mastercard Send, which facilitates near real-time* push to card payments backed by the network security of Mastercard’s debit technologies.

In 2020, Los Angeles Mayor Eric Garcetti launched the Angeleno Card Program in partnership with the Mayor’s Fund for Los Angeles to provide direct financial assistance to families hit hardest by the pandemic. The City worked with Mastercard and Oracle on a solution to streamline the verification and eligibility of people applying for support, and in three months, the program distributed more than 35,000 cards to households across Los Angeles, serving more than 100,000 people with over $36 million in direct financial assistance. Following the success of the initial pilot, Mastercard and Oracle are now working to replicate the solution in other cities across the United States and around the world. 

«We empathize with the complex challenges faced by governments mobilizing to deliver relief in a timely fashion,» said Rob Tarkoff, executive vice president, Oracle Advertising and Customer Experience. «By joining forces with Mastercard, we are bringing together decades of public sector expertise, Oracle’s powerful, automated self-service, eligibility and case management capabilities and Mastercard’s innovations in digital payments. The result is that it is now easier than ever for governments to prioritize scarce funds and bring immediate assistance to those who need it most.»

«The pandemic has underscored the need for governments and organizations to streamline and digitize the disbursement process to ensure that qualifying residents receive relief payments quickly and securely,» said Miguel Gamino, executive vice president, Enterprise Partnerships and Head of Global Cities at Mastercard. «By pairing our secure and innovative solutions with Oracle, we can enable economic assistance programs at scale and deliver payment solutions that are both cost-effective and fast, in turn supporting those in need.»

*Actual posting times for approved transactions will depend on the receiving financial institution.

About Oracle
Oracle offers suites of integrated applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

About Mastercard
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates.

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SOURCE Oracle

Spruce Power Expands Business Model to Offer Energy Storage, EV Chargers to its 80,000 Customers

HOUSTON, Feb. 4, 2021 /PRNewswire/ — Spruce Power, a Power-as-a-Service™ company with roots in both energy efficiency and residential solar energy, announced it now offers integrated smart energy systems, enabling customers to optimize and secure their existing solar-powered homes by adding battery storage and smart electric vehicle (EV) chargers. As the largest private owner and operator of distributed generation residential solar assets in the U.S., <a…

HOUSTON, Feb. 4, 2021 /PRNewswire/ — Spruce Power, a Power-as-a-Service™ company with roots in both energy efficiency and residential solar energy, announced it now offers integrated smart energy systems, enabling customers to optimize and secure their existing solar-powered homes by adding battery storage and smart electric vehicle (EV) chargers. As the largest private owner and operator of distributed generation residential solar assets in the U.S., Spruce Power already serves 80,000 homeowners with leased solar energy systems or energy efficiency upgrades, managing billing and providing operations and maintenance (O&M) services. 

One of the first residential power companies to offer customers the ability to add home batteries as a retrofit to existing solar photovoltaic (PV) systems, the company formerly known as Spruce Finance has also unveiled its new company name, Spruce Power. The name change reflects its broader commitment to helping homeowners securely supply, store and manage their home’s energy, while providing investors with access to the expanding residential renewable energy asset class.

«Spruce Power is extending our business model and product offerings to deliver comprehensive energy solutions to our large customer base,» said Christian Fong, CEO of Spruce Power. «The future of power is distributed, clean and smart. As early adopters of solar, our customer base is eager to add complementary technologies that make their homes more resilient and equipped for an electrified future.»

As part of this transition, Spruce Power has launched a new website at www.sprucepower.com. The updated website not only connects users to the company’s servicing arm, Energy Service Experts (ESE), but also creates a new channel for homeowners to access next-generation product offerings. As a leader in home power systems, Spruce is continually evaluating partnerships to bring advanced distributed energy resource technologies to market.

«We are uniquely positioned to support homeowners who want to maximize their clean energy impact with home energy management systems,» said Fong. «Spruce manages a network of more than 100 maintenance and installation partners in 16 of the leading states where rooftop solar systems have been deployed. This infrastructure provides our customers with local support services ranging from performance analysis to solar maintenance, and battery sizing to back-up power installation.»

The expansion of Spruce’s business model aligns with the needs of the changing residential renewable energy market. Spruce pivoted from loan origination to asset ownership and created ESE for asset management and maintenance in 2017 after restructuring and receiving an investment from HPS Investment Partners. This announcement follows a series of large portfolio acquisitions and capital raisings, with Spruce most recently acquiring two portfolios totaling more than 10,000 solar PV systems.

About Spruce Power
Spruce Power is the largest private owner and operator of distributed generation residential solar assets in North America. Through our subsidiary, Energy Service Experts, we offer a comprehensive, end-to-end servicing solution for our customers with more than 80,000 PV systems and upwards of 330 MW of installed capacity. Headquartered in Houston with executive offices in San Francisco and Boulder, Spruce manages or is actively acquiring operating residential and commercial and industrial solar assets and power purchase agreements in North America. For additional information, visit www.sprucepower.com.

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SOURCE Spruce Power

Mosaic Surpasses $4 Billion in Loan Funding for Residential Solar and Home Improvement Financing

OAKLAND, Calif., Feb. 4, 2021 /PRNewswire/ — Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced it has surpassed $4 billion in loans funded through the company’s platform. Mosaic continues to accelerate its position in…

OAKLAND, Calif., Feb. 4, 2021 /PRNewswire/ — Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced it has surpassed $4 billion in loans funded through the company’s platform. Mosaic continues to accelerate its position in solar and energy with enhancements to its industry-first PowerSwitch ZERO product and key additions to its leadership team.

The company has now added new features to its PowerSwitch ZERO solar financing offering — no payments for 18 months and a 25-year loan term.** The product also has the choice of a 12-month, zero-payment promotional period, and 10-, 15- or 20-year installment terms with no prepayment penalty.

«No payments for 18 months and a lower monthly payment will make it even easier for homeowners to convert to clean energy,» said Billy Parish, founder and CEO of Mosaic. «Mosaic was the first to create 20-year and 25-year solar loans, the first to create battery-only and solar roofing loan products. We were the first to offer a no-payment solar loan option, and this is the next generation of our ongoing innovation. We will continue to anticipate market needs and design new solutions for our partners that enable them to be agile and remain competitive.»

«Last year was an unusual time, but solar loans have proven to be a strong asset through this credit cycle, COVID and the economic challenges the market faced in 2020,» said Patrick Moore, president and COO of Mosaic. «We closed asset-backed securitizations of $222 million and $280 million in 2020, both of which were multiple times oversubscribed. We now have multiple years of historical data, and the financial markets recognize Mosaic’s consistent performance and disciplined approach to delivering long-term value. This has strengthened our relationship with capital markets and reduced our cost of capital, which allows Mosaic to pass along lower rates to homeowners.»

In addition to a strong 2020, Mosaic also added to its leadership team last month. Tamiko Kikuchi joins as Vice President of Product, and John King is the new Vice President and Head of Strategy and Corporate Development.

Kikuchi has more than 10 years of experience driving business and revenue growth through product strategy, process improvement and team leadership. Previously, she served as vice president of product and implementation at Renovate America, where she oversaw the company’s entire software product portfolio and company-wide product management organization.

King held leadership roles in the areas of finance and investment banking for more than 15 years before joining the solar industry. Most recently, he co-led capital markets as Senior Vice President at LoanPal. Prior to that, he oversaw capital markets and Treasury at Sunnova.

«We’re excited to start a new year with the industry’s most flexible finance offerings, new products for our partners and their customers and key additions to our leadership team,» said Parish. «We expect more families to invest in energy-efficient upgrades for their homes in 2021, and Mosaic will continue to lead the market in making that possible.»

About Mosaic
Mosaic makes financing solar, solar plus energy storage systems and other home improvements accessible and affordable for homeowners by providing the simplest borrower experience in the industry. Customers are referred by approved solar installers and home improvement contractors and can qualify instantly for no money down loans with fixed interest rates and multiple term options. For our network of hundreds of solar installers and home improvement contractors, Mosaic provides a streamlined financing platform to drive sales growth. Since 2012, Mosaic has helped more than 125,000 households go solar with its financing products. For more information, visit: www.joinmosaic.com.

All PowerSwitch Zero Loans and Home Improvement Loans through the Mosaic platform are made by WebBank, Member FDIC, Equal Housing Lender.

* No payments for 12 or 18 months – interest will be charged from the start of loan if the principal balance is not paid in full within the deferred interest period.

** 25 YEAR POWERSWITCH ZERO LOAN REPAYMENT EXAMPLE:
— A 25 year, fixed-rate, $30,000 PowerSwitch ZERO loan with a 2.99% APR and an 18-month promotional period, would have 300 monthly payments of $148.50, starting after the end of the promotional period.
— Annual Percentage Rate (APR) in the example includes a 0.25% interest rate reduction for borrowers who sign up for automatic payments. Interest Rate and monthly payments will increase if borrower changes payment method.

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SOURCE Mosaic

Masy BioServices Expands Green Initiative With Completion of Solar Project

PEPPERELL, Mass., Feb. 4, 2021 /PRNewswire-PRWeb/ — Masy BioServices has expanded their green initiative for environmental sustainability by completing a 2-year solar array project, installing 585 kW carports at their headquarters in Pepperell, MA. Due to the expansion of their biorepository, metrology lab, and renovation of its headquarters, Masy sought a solar solution to reduce its carbon footprint and electricity usage. The solar carport design and size provides…

PEPPERELL, Mass., Feb. 4, 2021 /PRNewswire-PRWeb/ — Masy BioServices has expanded their green initiative for environmental sustainability by completing a 2-year solar array project, installing 585 kW carports at their headquarters in Pepperell, MA. Due to the expansion of their biorepository, metrology lab, and renovation of its headquarters, Masy sought a solar solution to reduce its carbon footprint and electricity usage. The solar carport design and size provides energy efficiency for this growing company.

«Our customers are signatories to the UN’s Sustainability Pact,» said Laurie Masiello, President, Masy BioServices. «They encourage us to do our part to improve the environment. We take this responsibility seriously and have incorporated several green initiatives on our campus.»

Along with the solar array carports at their headquarters, 27 Lomar Park in Pepperell, MA, Masy has installed energy-efficient lighting and insulation in all of its buildings; and invested in energy-efficient chambers for its biorepository storage facility. The unique, compact and energy-efficient biorepository walk-in chambers offer -75˚C ultra-low freezer space, -40˚C/-20˚C freezer space, and 5˚C refrigerator space. These energy-efficient chambers can hold as much product as would typically be held in 2,125 reach-in chambers. The non-traditional engineering design of the walk-in chambers maximizes Masy’s green initiative and creates a lower carbon footprint while providing the pharmaceutical product storage space its life science, biopharma, and medical device customers require.

Masy BioServices has provided quality solutions to the life sciences community for over 35 years through an array of services, including calibration of primary standards and critical test equipment; validation and IQ/OQ/PQ of environmental chambers, autoclaves, and thermal warehouse mapping; and lab equipment rentals and sales. Masy has a premier cGMP biorepository, offering secure and tightly controlled temperature storage from -196˚C to 70˚C, including all ICH stability conditions, for various materials including vaccines, biopharmaceuticals, cell banks, tissues, compounds, and medical devices.

Follow us on LinkedIn.

Press Contact:
Kristine LeBlanc
Senior Marketing Manager
Masy BioServices
Kristine.LeBlanc@masy.com
978-433-6279 x 1458

Media Contact

Kristine LeBlanc, Masy BioServices, +1 9784336279 Ext: 1458, kristine.leblanc@masy.com

Twitter, Facebook

 

SOURCE Masy BioServices

SemaConnect Accelerates Expansion With Hiring of New Vice President of Human Resources Jeannie Plew

BOWIE, Md., Feb. 4, 2021 /PRNewswire-PRWeb/ — SemaConnect, a leading provider of electric vehicle charging amenities to the North American commercial, multifamily, and fleet market announces its new Vice President of Human Resources, Jeannie Plew. Prior to SemaConnect, Ms. Plew was the Vice President of Human Resources at DrFirst, a healthcare technology company based in Rockville, Maryland. Ms. Plew will lead recruiting and employee…

BOWIE, Md., Feb. 4, 2021 /PRNewswire-PRWeb/ — SemaConnect, a leading provider of electric vehicle charging amenities to the North American commercial, multifamily, and fleet market announces its new Vice President of Human Resources, Jeannie Plew. Prior to SemaConnect, Ms. Plew was the Vice President of Human Resources at DrFirst, a healthcare technology company based in Rockville, Maryland. Ms. Plew will lead recruiting and employee engagement as SemaConnect enters its next phase of growth in the expanding EV technology market.

Founded in 2008, SemaConnect is a leading EV charging equipment and network provider to some of the most well-known commercial real estate and commercial fueling firms such as CBRE, Gilbarco Veeder-Root, and Electrify America. Smart technology solutions include the Series 5 Personal EV Charging Station, Series 6 Shared/Commercial EV Charging Station, and the Series 7 Fleet EV Charging Station. Ms. Plew will lead recruiting as SemaConnect expands growth and innovation in all teams this year.

«We’re excited to welcome Jeannie Plew to the SemaConnect team,» said Mahi Reddy, Founder and CEO at SemaConnect. «2021 will be a year of growth in the EV market, and we’re working hard to expand our product line, technical capabilities, sales, and client services. Jeannie’s extensive experience will help SemaConnect reach the next level of growth.»

For more information on careers at SemaConnect, visit https://semaconnect.com/company/careers/.

About SemaConnect:
SemaConnect is a leading provider of electric vehicle charging infrastructure solutions to the North American commercial, residential and fleet market. A complete EV support partner, SemaConnect delivers a truly modern property experience through innovative, elegantly designed charging stations and a robust and open network platform. The company has helped maximize property value and appeal through thousands of successful charging station deployments at Class A properties since its founding in 2008, for companies like CBRE, JLL, Hines, Greystar, Cisco Systems and Standard Parking. SemaConnect remains the preferred charging solutions partner to municipal, parking, multifamily, hotel, office and retail customers across the United States and Canada. For more information, visit http://www.semaconnect.com.

Media Contact

Jesus Ferro, SemaConnect, Inc., +1 301-352-3730 Ext: 225, jesus.ferro@semaconnect.com

Bethany Villarreal, SemaConnect Inc, 301-352-3730 209, bethany.villarreal@semaconnect.com

Twitter, Facebook

 

SOURCE SemaConnect, Inc.

Leal, la aplicación que premia a sus usuarios por las compras del día a día

BOGOTÁ, Colombia, 4 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — La nueva funcionalidad de Leal premia a los colombianos por comprar sus productos favoritos en cualquier supermercado, devolviéndoles Leal Coins, que funcionan como efectivo. Sólo deben subir su factura del mercado en la app de Leal (en la sección Leal Coins: Cashback por Producto) y recibirán Leal Coins devuelta por cada producto que registren.

«Con el impacto del COVID-19 sabemos que nuestros ahorradores necesitan un apoyo adicional ahora más…

BOGOTÁ, Colombia, 4 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — La nueva funcionalidad de Leal premia a los colombianos por comprar sus productos favoritos en cualquier supermercado, devolviéndoles Leal Coins, que funcionan como efectivo. Sólo deben subir su factura del mercado en la app de Leal (en la sección Leal Coins: Cashback por Producto) y recibirán Leal Coins devuelta por cada producto que registren.

«Con el impacto del COVID-19 sabemos que nuestros ahorradores necesitan un apoyo adicional ahora más que nunca. Los consumidores colombianos han tenido que ajustar sus presupuestos y limitar sus compras. Potencializar el ahorro de las personas es la esencia de Leal y queremos que cada compra sea gratificante.» afirma Camilo Martínez, cofundador y CEO de Leal.

De acuerdo con Florence French, cofundadora de Leal: «En Leal, siempre estamos buscando nuevas formas de ayudar a ahorrar a nuestros usuarios. Quisimos expandir nuestra robusta oferta en restaurantes, tiendas de ropa, farmacias, e-commerces y ahora, poder incluir las compras en todos los supermercados del país. Con el lanzamiento de esta nueva funcionalidad, los usuarios ahora pueden convertir sus compras de todos los días en experiencias con Leal Coins. Estamos muy emocionados por el valor que eso trae en ahorro a los hogares de los colombianos.»

Un usuario frecuente de Leal puede ahorrar en promedio $250.000 al año. Con esta nueva funcionalidad, el ahorro fácilmente se puede duplicar y los usuarios podrían alcanzar un ahorro de $500.000 al año. Este ahorro se ve reflejado en Leal Coins, que se pueden usar como efectivo para adquirir gasolina en Texaco, recargar el celular, ir por una cerveza, conseguir Rappi Créditos, viajar en Beat, ver Netflix, usar Spotify Premium, adquirir bonos de Merqueo y miles de opciones más. ¡Las experiencias son múltiples! 

Con esta novedosa funcionalidad, los usuarios de Leal pueden ganar Leal Coins al comprar cientos de productos en más de 20 categorías de consumo diario en despensa, snacks, bebidas, lácteos, licores, alimento para mascotas, artículos de cuidado personal, aseo del hogar y muchas más. 

¿Cómo funciona esta nueva modalidad de ahorro? Es muy fácil, solo debe seguir estos pasos:

  1. Descargue y/o actualice la app Leal para conocer todos los productos de consumo diario que le darán cashback en Leal Coins. Puede descargarla en su celular desde App Store o Google Play.
  2. Cuando compre en cualquier supermercado, conserve la factura, luego vaya a la app de Leal y en la sección Cashback por Producto suba foto de la factura. Y listo, recibirá cashback en Leal Coins.

Así, todos los usuarios de Leal podrán ganar Leal Coins cada vez que compren su mercado y podrán usarlos en miles de marcas de la red Leal para vivir experiencias únicas. Recuerde guardar siempre la factura del mercado, pues todas son válidas sin importar de qué supermercado son. Simplemente deben tener registro NIT, número de factura y fecha de facturación. ¡Eso es ahorrar con actitud!

ACERCA DE LEAL

Leal nació en Colombia en junio de 2016, cuando la salvadoreña Florence Frech y el colombiano Camilo Martínez se asociaron para lograr convertir cada transacción, entre las marcas y los consumidores, en una relación. La misión de Leal es potencializar el ahorro de las personas y asegurarse que cada compra sea gratificante. Hoy Leal se consolida como una de las redes de fidelización más grandes de Colombia y Latinoamérica. Florence y Camilo se conocieron en el 2013 mientras realizaban un MBA en Kellogg School of Management (Northwestern University, Chicago, IL).

Hoy cuenta con:

  • Presencia en 5 países – Colombia, Panamá, El Salvador, Nicaragua y Guatemala
  • 700+ marcas aliadas (+3500 puntos venta).
  • Más de 2.5 millones de usuarios registrados.
  • 15 diferentes categorías de comercio (restaurantes, cafés, estaciones de servicio retail, tiendas de mascotas, entre otras).

Más información en https://leal.co/

Contacto: ptranslateur@leal.co

FUENTE Leal

Vince Camuto «Illuminare Intensa»

NEW YORK, Feb. 4, 2021 /PRNewswire-HISPANIC PR WIRE/ — Renowned lifestyle brand, Vince Camuto and leading global beauty company Parlux LTD, debut the brand’s latest fragrance, Illuminare Intensa. The fragrance conveys effortless elegance and bold beauty that radiates within all…

NEW YORK, Feb. 4, 2021 /PRNewswire-HISPANIC PR WIRE/ — Renowned lifestyle brand, Vince Camuto and leading global beauty company Parlux LTD, debut the brand’s latest fragrance, Illuminare Intensa. The fragrance conveys effortless elegance and bold beauty that radiates within all women. 

The face of the brand, Jasmine Sanders, (a.k.a Golden Barbie), returns for this striking ad campaign shot by acclaimed photographer James Macari. An influencer and industry ‘It’ girl, Jasmine perfectly embodies the essence and powerful femininity of the Illuminare Intensa woman.

Illuminare Intensa’s rich floral composition conveys confidence and sensuality that takes the fragrance to a new level. An assortment of spices and midnight orchid blend with warm pink pepper and juicy damson plum notes, creating an unexpected yet undeniably captivating aura around its wearer. Sensually radiant, this aroma features a heart full of petals bursting with a bold long-lasting scent, which is richly feminine and deliciously intense.

Givaudan Perfumer Christine Hassan states, «I wanted to create a rich, more intense version of the original scent, which was inspired by the beauty and resiliency of plum blossoms. This unique blend of notes is symbolic of a woman’s inner strength and ability to take on everyday challenges with radiance, confidence and passion.»

Fragrance Notes:

  • Top – lemon, damson plum accord, pink pepper
  • Heart – orris, midnight orchid
  • Dry –sandalwood, amber, vanilla

Taking cues from the original illuminare silhouette and inspired by the glassworks of Murano, Italy, the bottle encapsulates the feminine curves and nuances of a woman. An asymmetrical organic shape is featured within the outer molded glass structure and the gold metalized cap sparks bright elegance against the deep plum hues. The carton compliments the bottle with organic waves of plum tones and a gold foil logo. 

Illuminare Intensa is available in select retailers, Macy’s.com and VinceCamuto.com. The 100 mL Eau de Parfum is priced at $98 USD

ABOUT VINCE CAMUTO
Vince Camuto is an aspirational lifestyle brand known for its signature craftsmanship and stand-out style. Sexy, bold and youthful, the acclaimed designer brand blends European styling with on-trend details and an element of sophistication. The brand has successfully transcended its distinctive women’s collections and today offers a broad range of products including footwear, apparel and accessories for women, men and children, as well as fragrance and home decor. The brand can be found in department stores and specialty retailers across North America and select international regions, as well as, online and on vincecamuto.com.

Follow Vince Camuto on Facebook, Instagram and Twitter.

ABOUT PARLUX FRAGRANCES, LTD.
Parlux LTD, a leading global beauty company, designs, manufactures, markets and distributes prestige fragrances and related products since 1987. It is ranked among the Top 100 Cosmetic and Fragrance companies globally and holds the licenses for notable fragrance brands including: Tommy Bahama, Vince Camuto, Pierre Cardin, Kenneth Cole, Paris Hilton, Sofia Vergara, and Jason Wu, among others. Parlux LTD is a wholly-owned subsidiary of Perfumania Holdings Inc., an independent national, vertically integrated wholesale distributor and specialty retailer of fragrances and related products.

SOURCE Parlux Fragrances, Inc.

ConnectEO Network Launches Out of Beta to Enable Exclusive Collaboration Opportunities for Entrepreneurs

LOS ANGELES, Feb. 4, 2021 /PRNewswire/ — ConnectEO Network, a vetted digital community that connects entrepreneurs to opportunities, today announced its official launch out of beta. Leveraging unique algorithms, ConnectEO Network curates matches between entrepreneurs specifically tailored to each user’s business…

LOS ANGELES, Feb. 4, 2021 /PRNewswire/ — ConnectEO Network, a vetted digital community that connects entrepreneurs to opportunities, today announced its official launch out of beta. Leveraging unique algorithms, ConnectEO Network curates matches between entrepreneurs specifically tailored to each user’s business needs in an effort to support their business and increase longevity. The platform creates sustainable businesses by providing a space for entrepreneurs to collaborate with like-minded creators to expand their businesses, obtain business resources and build meaningful, revenue-generating relationships. The company aims to create and maintain a community which will promote shared business growth, longevity and increase access to opportunity. 

«After years of exploration, conversations, and research, I decided to create ConnectEO Network as a tool to democratize access to business resources in an effort to create ownership and close the wealth gap,» said Erin Person, Founder of ConnectEO Network. «Through strategic collaboration and community, we’re working to enable 1 million entrepreneurs of color to build sustained businesses by 2023. We’re incredibly proud to create connections and provide critical resources for entrepreneurs to succeed and collectively shape the future, especially in today’s business climate.»

An entrepreneur’s network plays a direct role in the success of their startup and robust connections are not always accessible as they are often based on socioeconomic class, race, gender, and education. ConnectEO Network was launched to remove these barriers and create connections that would not otherwise exist. By allowing users to make revenue-building connections based on business similarities and needs, entrepreneurs of all stages have the opportunity to scale alongside fellow like-minded entrepreneurs to build more sustained businesses. In addition to providing a space for entrepreneurs to access new opportunities, ConnectEO Network also offers exclusive content, business training and education, along with community networking events and workshops.

«ConnectEO has been a pivotal and resourceful tool to increase my business reach. The user-friendly platform allows me to easily connect with goal-oriented individuals to provide and attain professional business services. I’ve made great connections including a professional, finance expert that I am excited to be working with in 2021,» said Vineetha Kommaredi, Founder of Viktor Kilo. «I’m excited to utilize ConnectEO as a professional tool that streamlines the networking and business leads processes.»

ConnectEO Network serves entrepreneurs in various stages of their business who have a desire to learn from and help each other to reach business success. Users have the option to choose between various tiers of access to the site which includes different features catered to their business needs at any given moment. The ConnectEO Network community is full of collaborative entrepreneurs who are dedicated to making a bigger and better impact together.

For more information on ConnectEO, or to join the network please visit, www.connecteonetwork.com.

About ConnectEO Network
ConnectEO Network is a digital platform that helps entrepreneurs of all backgrounds collaborate to build strategic partnerships, promote their services, and locate essential resources to collectively grow their businesses. ConnectEO is the only entrepreneur-focused application whose algorithm uniquely matches entrepreneurs with each other based on their specific business needs, in an effort to provide a sense of community. The company is on a mission to help close the racial wealth gap by enabling one million entrepreneurs of color to build sustained businesses by 2023.

Media Contact
N6A for ConnectEO Network
connecteo@n6a.com

 

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SOURCE ConnectEO Network

Blackbaud Forms Steering Committee to Advance ESG Practices

CHARLESTON, S.C., Feb. 4, 2021 /PRNewswire/ — Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced it has expanded its environmental, social and governance (ESG) program to further its commitment of building a better world. For nearly four decades, Blackbaud has driven impact…

CHARLESTON, S.C., Feb. 4, 2021 /PRNewswire/ — Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced it has expanded its environmental, social and governance (ESG) program to further its commitment of building a better world. For nearly four decades, Blackbaud has driven impact for social good, providing cloud software, services, expertise and data intelligence that empower and connect people around the world.

Building on its mission of helping good take over, Blackbaud has:

  • Formalized executive sponsorship of its ESG program with CEO Mike Gianoni, including future oversight from the board of directors 
  • Launched an employee-led ESG steering committee consisting of cross-functional company leaders representing:
    • Environmental: Resource Use, Emissions and Innovation
    • Social: Workforce, Community Impact, Product Responsibility, Data Privacy and Cybersecurity
    • Governance: Management, Shareholders and Corporate Responsibility Strategy
  • Created an ESG Program Manager role to take on the responsibility of ESG measurement and reporting
  • Committed to reporting in alignment with recommended SASB standards for the software and IT services industry and further aligning with other global ESG reporting frameworks as they evolve

«Our company exists to provide purpose-built solutions that help the social good industry build a better world,» said Mike Gianoni, president and CEO, Blackbaud. «For years, we’ve been a proud partner in purpose, creating lasting value for our customers, employees and communities. The challenges of the past year have proven that social good and corporate responsibility are more important than ever. Now, we’ve made an even bigger commitment to our ESG program, which is a natural extension of the values that have always been in our DNA.»

Blackbaud is committed to governing its business ethically, being a caring employer, contributing to causes and communities through corporate philanthropy and pursuing sustainability. The company’s longstanding history of driving social impact is demonstrated by the fact that:

  • Social good organizations that use Blackbaud technology raise, invest, manage and award more than $100 billion each year.
  • One out of three Fortune 500 companies relies on Blackbaud to power its employee giving and volunteering programs, which includes more than eight million employees and over $800 million transacted through Blackbaud.
  • Blackbaud employees are highly involved—25% serve on nonprofit boards and 92% volunteer, logging over 100,000 hours annually in community support and also qualifying for time off through Blackbaud’s Volunteer for Vacation program.
  • Blackbaud opened a new world headquarters in June 2018 that has achieved Leadership in Energy and Environmental Design (LEED) Gold status from the U.S. Green Building Council. In 2020, with the rollout of a new, flexible workplace strategy, the company right-sized its real estate portfolio, leading to approximately 50% workspace footprint reduction globally.
  • The company continues to prioritize diversity and inclusion in the workplace, supporting employee-led business affinity groups, including veterans, LGBTQ+, women in technology, women in sales, African American employees, remote employees and employees interested in sustainability.
  • Blackbaud is proud to have appointed its first Diversity and Inclusion Officer and established a Global Diversity and Inclusion Council over the past year.

In April, Blackbaud will release its third annual Social Responsibility Report, which will provide more details on the company’s ESG efforts and disclosures. More information on Blackbaud’s Corporate Social Responsibility program can be found here.  

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies and individual change agents—Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit  www.blackbaud.com or follow us on Twitter, LinkedInInstagram and Facebook.

Media Inquiries
media@blackbaud.com

Investor Inquiries
IR@blackbaud.com

Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

Power your passion (PRNewsfoto/Blackbaud)

 

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Land O’Lakes Sustainability Business Truterra Launches TruCarbon™, the First Farmer-Owned Carbon Program

ARDEN HILLS, Minn., Feb. 4, 2021 /PRNewswire/ — Truterra, LLC, the sustainability business and subsidiary of Land O’Lakes, Inc., one of America’s largest farmer-owned cooperatives, today announced the launch of TruCarbon, a transformational new carbon program that will help farmers generate and sell carbon credits to private sector buyers. TruCarbon represents the first and only farmer-owned carbon program in the U.S. that is designed to provide both the…

ARDEN HILLS, Minn., Feb. 4, 2021 /PRNewswire/ — Truterra, LLC, the sustainability business and subsidiary of Land O’Lakes, Inc., one of America’s largest farmer-owned cooperatives, today announced the launch of TruCarbon, a transformational new carbon program that will help farmers generate and sell carbon credits to private sector buyers. TruCarbon represents the first and only farmer-owned carbon program in the U.S. that is designed to provide both the best experience for farmers and a novel approach for carbon credit buyers to incentivize change at scale. 

TruCarbon offers buyers carbon credits that are created using leading soil and conservation science, and precision data and verification methods. The program offers farmers a streamlined experience, making it easier for them to develop and sell carbon credits so that they can focus on crop production and caring for the land. Through the Truterra Insights Engine data platform, the new TruCarbon program provides farmers and their trusted ag retailer advisors a powerful soil health planning suite of tools to help them decide what is best for their business while optimizing their fields’ carbon credit potential. TruCarbon also maximizes the value and return for farmers with premium carbon credit value. 

«TruCarbon is proof positive in our belief at Land O’Lakes that farmers and agriculture solve big problems – serving as the economic engine in rural communities, feeding a growing world, and now helping to address a changing climate,» said Beth Ford, CEO of Land O’Lakes, Inc. «TruCarbon is providing farmers new opportunities to be recognized and rewarded for their stewardship, creating new revenue opportunities for farm families as they adopt soil health practices and increasing the focus on carbon storage in crop fields. It’s through innovative approaches such as TruCarbon that our farmer cooperative system can help ensure that farmers’ businesses are profitable, our rural communities are resilient, and the land, air and water are healthy for future generations.» 

TruCarbon is launching with Microsoft as its first secured buyer to purchase carbon in 2021, which will help meet the company’s ambitious commitment to be carbon negative by 2030. For this initial launch, participating farmers may receive $20 per ton of carbon with payments this summer for this first tranche of credits. Qualifying farmers may be compensated for carbon sequestration retroactively up to five years based on the soil health practices they adopted in prior growing seasons. For maximum farmer convenience, Truterra will handle soil testing and other activities designed to ensure maximum credit quality and value. Farmers can begin the information and enrollment process by visiting https://www.truterraag.com/CarbonSurvey

«TruCarbon is like no other offering on the market because it is built with the farmer at the center, backed by the most cutting-edge technology platform on the market. That means that companies and others looking to buy trusted carbon credits can connect with farmers and support the adoption of more sustainable practices on farms across the country,» said Jason Weller, Vice President, Truterra. «We are excited to be able to bring this program to farmers through our trusted network of ag retailers, offering a competitive price and streamlined experience so that they can stay focused on farming and their stewardship.»  

«The science is clear,» said Dr. Wayne Honeycutt, CEO of the Soil Health Institute, which is collaborating with Truterra on TruCarbon metrics and soil sampling protocols. «Storing more carbon in soils not only benefits a farmer’s bottom line, but also improves water quality and helps fight climate change. Farmers who adopt soil health practices build drought resilience, reduce erosion and minimize nutrient losses. All of us at the Soil Health Institute are excited to work with Truterra on this project because it will help achieve these on-farm and environmental benefits at scale.» 

Current and future carbon efforts will leverage Truterra’s best-in-class sustainability platform, the Truterra™ Insights Engine, along with agronomic expertise and the trusted advisor network of Land O’Lakes agriculture retailers to connect and support farmers as they adopt soil health practices and generate carbon credits.  

Farmers and their ag retailers use the Truterra™ Insights Engine to measure and track their on-farm practices and model new practice changes such as cover crops and no-till based on environmental impact and profitability, so that farmers are equipped to take advantage of carbon markets and additional ecosystem services markets as they emerge. 

For more information about TruCarbon and how to get involved, visit https://www.truterraag.com/Carbon.

About Truterra, LLC 
Truterra is a leading stewardship solutions provider, advancing and connecting sustainability efforts throughout the food system with scale – from farmers to ag retailers to collaborators such as food companies. Truterra positions farmers for success by providing them tools and resources to establish a stewardship baseline and track progress on every field they farm. The Truterra™ network brings together the best in agricultural technology and on-farm business management to drive sustainability across the food system, feeding people, safeguarding the planet and supporting farmer livelihoods. Truterra was launched in 2016 by Land O’Lakes, Inc., a member-owned cooperative that spans the spectrum from agricultural production to consumer foods.  

About Land O’Lakes, Inc. 
Land O’Lakes, Inc., one of America’s premier agribusiness and food companies, is a member-owned cooperative with industry-leading operations that span the spectrum from agricultural production to consumer foods. With 2019 annual sales of $14 billion, Land O’Lakes is one of the nation’s largest cooperatives, ranking 232 on the Fortune 500. Building on a legacy of more than 99 years of operation, Land O’Lakes today operates some of the most respected brands in agribusiness and food production including Land O’Lakes Dairy Foods, Purina Animal Nutrition, WinField United and Truterra. The company does business in all 50 states and more than 60 countries. Land O’Lakes, Inc. corporate headquarters are located in Arden Hills, Minnesota. 

Media contact:
Abigail Shilling
ajshilling@landolakes.com

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