BetMGM Launches Mobile Sports Betting in Virginia

JERSEY CITY, N.J., Jan. 27, 2021 /PRNewswire/ — BetMGM launched its market-leading sports betting app in Virginia today, giving customers access to a wide variety of betting options, as well as benefits tied to MGM National Harbor in Maryland and MGM Resorts’ iconic casino-resorts throughout the United States.

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JERSEY CITY, N.J., Jan. 27, 2021 /PRNewswire/ — BetMGM launched its market-leading sports betting app in Virginia today, giving customers access to a wide variety of betting options, as well as benefits tied to MGM National Harbor in Maryland and MGM Resorts’ iconic casino-resorts throughout the United States.

BetMGM logo (PRNewsfoto/BetMGM)

«We’re ecstatic that BetMGM is one of the first mobile sports betting platforms to launch in Virginia,» said BetMGM CEO Adam Greenblatt. «Virginians are passionate sports fans, and we’re thrilled to provide them a user-friendly sports betting experience. BetMGM Virginia customers can earn benefits and will soon enjoy innovative experiences planned with MGM National Harbor in Maryland and the Washington Nationals.»

The BetMGM app gives Virginia sports fans the opportunity to customize pre-game, live in-play, futures and parlay wagers. The app’s integration with MGM Resorts’ M life Rewards program allows BetMGM customers to redeem their gameplay for world-class accommodations at MGM Resorts properties nationwide, including MGM National Harbor, MGM Grand, Bellagio and ARIA in Las Vegas, Borgata in New Jersey and Beau Rivage in Mississippi – among many more.

Jorge Perez, President & COO of MGM National Harbor, said, «MGM National Harbor is the premier entertainment destination for the DC-MarylandVirginia region, and the launch of the BetMGM app in Virginia gives our customers another great way to interact with our brand. We’ve got the DMV covered with a variety of entertainment options – whether at Nationals Park in D.C., our MGM National Harbor resort, or via the mobile app in Virginia. Additionally, should Maryland allow casinos to operate sports betting, MGM National Harbor stands ready to add this amenity.»

Today’s announcement follows BetMGM’s recently announced partnership with the Washington Nationals, which includes plans for opening a retail BetMGM sportsbook connected to Nationals Park. Scheduled to launch later this season, it will be BetMGM’s first in-stadium sportsbook.

Virginia marks the 10th state where BetMGM’s mobile sports betting offering is available. As BetMGM continues to expand to new areas, responsible gaming education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly. The BetMGM app is available for download in Virginia on bothiOS and Android, and accessible via desktop at www.betmgm.com. For more information, follow @BetMGM on Twitter.

About BetMGM
BetMGM is a market leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM’s U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain’s US-licensed, state of the art technology, BetMGM offers sports betting and online gaming via market leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit http://www.betmgminc.com/.  

About MGM National Harbor
Located in an unrivaled setting, MGM National Harbor offers stunning panoramic views of the eastern shore of the Potomac River in Maryland. The $1.4 billion LEED® Gold Certified resort sits a short distance from Washington, D.C. to the north and historic sites, including George Washington’s Mount Vernon estate across the river in Virginia. The 24-story, 308-room resort features premier amenities and experiences for locals as well as visitors from around the world including a dynamic two-level casino with over 160,000 square feet of space that includes slots, table games and poker; a world-class spa and salon; an entertainment theater with flexible seating for up to 3,000; high- end branded retail; 50,000 square feet of meeting space; and restaurants from renowned local, national and international chefs. MGM National Harbor is owned by MGM Resorts International (NYSE: MGM). For more information, visit mgmnationalharbor.com or follow on Facebook and Twitter.

Statements in this release that are not historical facts are «forward-looking» statements and «safe harbor statements» within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including BetMGM’s ability to grow in new or existing jurisdictions. Management has based forward-looking statements on current expectations and assumptions and not on historical facts. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the effects of economic and market conditions in the jurisdictions in which BetMGM operates, competition with other iGaming and sports betting platforms, the timing and costs of expanding in new jurisdictions as well as obtaining and maintaining the required permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions. In providing forward-looking statements, BetMGM is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If BetMGM updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

 

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PuroClean Surges to #102 on Entrepreneur Magazine’s 42nd Annual Franchise 500®

TAMARAC, Fla., Jan. 27, 2021 /PRNewswire/ — PuroClean, a leading restoration and remediation franchise, today announced it has earned the 102nd spot on Entrepreneur magazine’s 2021 Franchise 500®. Recognized for its exceptional growth, leadership, and culture in the restoration franchise industry, PuroClean ranked…

TAMARAC, Fla., Jan. 27, 2021 /PRNewswire/ — PuroClean, a leading restoration and remediation franchise, today announced it has earned the 102nd spot on Entrepreneur magazine’s 2021 Franchise 500®. Recognized for its exceptional growth, leadership, and culture in the restoration franchise industry, PuroClean ranked second in the restoration service franchise category. PuroClean has risen nearly 20 places in one year and has risen more than 150 spots since 2018.

«It’s an incredible honor to be acknowledged year after year in one of the most competitive rankings within the franchising industry, especially as our network comes together in support of those impacted most by the COVID-19 pandemic,» said Mark W. Davis, CEO and Chairman of PuroClean. «Despite the unprecedented challenges we all faced during 2020, PuroClean was able to reach record-breaking heights, and we look forward to continuing this track record in the years ahead.» 

One of the fastest-growing restoration franchises in the United States, PuroClean enables its franchise owners to capitalize on diverse revenue opportunities and offers a pathway to success in the multimillion-dollar property damage restoration industry. Beyond its ranking on the Franchise 500®, PuroClean has earned countless other accolades for its innovations in franchising, including recognition for its PuroVet program, which helps military veterans realize their dream of business ownership.

«This year’s Franchise 500 ranking speaks to the true testament of The PuroClean Way, answering the call of those in need, as our franchise owners aid and protect home and business owners, guided by our world-class support team each and every day,» said Steve White, President and COO of PuroClean. «Together, as one team, we will continue moving forward to build upon the success of our franchise network, servicing our local communities with relentless customer service.»

The Franchise 500® is recognized as the world’s first and most comprehensive franchise ranking. PuroClean was evaluated against key factors such as costs and fees, size and growth, support, brand strength, financial strength, and stability. Each prospective franchise is awarded a cumulative score based on an analysis of more than 150 data points, and Entrepreneur ranks the 500 franchises with the highest cumulative scores each year in the Franchise 500®.

Over its 42 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. PuroClean’s position on the ranking is a testament to its strength as a franchise opportunity.

To view PuroClean in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2021 issue of Entrepreneur. For more information on the PuroClean franchise system, contact 800-351-2282 or visit www.PuroCleanFranchise.com.

About PuroClean
PuroClean provides water damage remediation, flood water removal, fire and smoke damage remediation, mold removal, and biohazard cleanup to commercial and residential customers. Founded in 2001, PuroClean has a comprehensive network of more than 300 franchise offices across North America. PuroClean technicians are thoroughly screened, insured, and trained in utilizing the latest in mitigation technology and procedures, while operating under a strict code of ethics. Each PuroClean office is independently owned and operated. For more information about PuroClean, contact 800-775-7876 or visit www.puroclean.com; for franchise information, visit www.purocleanfranchise.com.   

Media Contacts:
Hemsworth Communications
Rachel Tabacnic / Julie Hong
954-716-7614 or PuroCleanPR@HemsworthCommunications.com

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At Virtual NADA ’21, Step into 3D Rapid Recon from Wherever You Are

NEW ORLEANS, Jan. 27, 2021 /PRNewswire/ — The Next Rapid Recon at NADA ’21 will deliver simplified online mobile and desktop access to the latest products,…

NEW ORLEANS, Jan. 27, 2021 /PRNewswire/ — The Next Rapid Recon at NADA ’21 will deliver simplified online mobile and desktop access to the latest products, features, and best practices in new and used vehicle reconditioning and speed to sale solutions for dealers attending this uniquely different National Automobile Dealers Association convention.

At all-virtual NADA ’21, February 9 to 11, NADA-registered attendees can access Rapid Recon’s 360-degree virtual 3D annex exhibit during show hours, after hours and beyond, through rapidrecon.com.

This advanced experience offers auto dealers and their management teams nearly unlimited access to rich, interactive content to showcase the industry’s No. 1 reconditioning workflow software and performance management services. Dealers using Rapid Recon workflow software to bring transparency, accountability, and more control to reconditioning get cars sale-ready faster to compete more successfully in today’s new and used car marketplace.

To make dealers’ time at Virtual NADA ’21 even richer, Rapid Recon offers two easy-to-access virtual experiences:

  • A premier 3D exhibit accessible through the NADA ’21 virtual experience, plus,
  • A seamlessly integrated yet distinctly different interactive and exclusively 3D Rapid Recon annex exhibit (starting February 9) open before and after regular NADA show hours and beyond.

The Rapid Recon 3D virtual experience offers visitors a wide range of interactions. These include a robust Learning Center, «live» consultations with Rapid Recon fine-tune performance teams, a What’s New center, and real-time and schedule-later product demos to explain critical reconditioning performance indicators such as time to line and speed to sale. Live Chat stations posted throughout and a Social Lounge for messaging Rapid Recon founder and CEO Dennis McGinn enhance engagement.

Dealership general managers and their fixed and variable operation managers all benefit when Rapid Recon is used to drive inventory turn, increase labor hours and parts revenue. Only Rapid Recon equips the sales team with in-their-hand, on-the-go mobile inventory intelligence to help them build value in the deal from their first contact with the prospect. Over 20,000 monthly users across over 2,400 auto dealerships use Rapid Recon workflow software to be more efficient, responsive and competitive.

Contact:
Anthony Greenhalgh
Director of Sales and Marketing Operations
Anthony@RapidRecon.com

 

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SOURCE Rapid Recon

Minnesota Grandmother Finds Calling, Keeps Streets Safe Accumulating 160,000 Miles In A Mitsubishi Outlander PHEV

FRANKLIN, Tenn., Jan. 27, 2021 /PRNewswire/ — Every night around 9 p.m., Terry Krech sets out in her Mitsubishi Outlander PHEV to deliver an essential service to Twin Cities-area residents, and returns home around 3 a.m. She gives them a sober, safe and comfortable ride, a sounding board if they want to talk or a smooth jazz soundtrack if they do not, and keeps the streets safe…

FRANKLIN, Tenn., Jan. 27, 2021 /PRNewswire/ — Every night around 9 p.m., Terry Krech sets out in her Mitsubishi Outlander PHEV to deliver an essential service to Twin Cities-area residents, and returns home around 3 a.m. She gives them a sober, safe and comfortable ride, a sounding board if they want to talk or a smooth jazz soundtrack if they do not, and keeps the streets safe for another night. If you ask her, she has found her calling in life – her dream job. If you ask her partner, children and grandchildren, she is a hero. If you ask her passengers, well, she maintains a five-star rating, so she must be doing something right.

In two short years, Terry racked up 160,000 miles in her 2018 Mitsubishi Outlander PHEV plug-in hybrid electric vehicle, driving between 150-250 miles each day, averaging 35 MPG, and providing more than 10,000 rides. During that time, she says her Outlander PHEV only required standard maintenance and the addition of snow tires. As if chauffeuring Minnesota’s stranded and impaired after midnight wasn’t challenging enough, she loves driving her PHEV in the snow and using the PHEV’s signature regenerative braking system to recharge the battery and maximize range.

Given that Terry’s Outlander PHEV has an all-electric range of 22 miles, and the vehicle automatically switches to gasoline power when necessary, her trusted Outlander made those 160,000 miles as easy and efficient as possible. The vehicle chooses the most efficient mode of operation – electric, gasoline, or a combination of both – to ensure that driving is seamless, reliable and fun.

Why stop at 160,000 miles? She recently traded in her PHEV for a newer model, a 2019  PHEV, at White Bear Mitsubishi in White Bear, Minnesota. Mitsubishi Motors North America, Inc. (MMNA) talked with Terry to learn about her PHEV experience. She took our phone call from the PHEV, parked in the garage, so she could escape the hustle, bustle and noise of family life inside her home.

Thank you for keeping us safe, Terry, and for making grandmothers and grandchildren everywhere – and us! – proud.

MMNA: You say you have found your calling. Tell us about that.
Terry: I like to think that I have a purpose in my life and that is to help people get home safely. I mainly drive between 9 p.m. and 3 a.m., because that’s when people need rides the most. I will say that it requires patience – and a sense of humor – but I have both! I worked as closing-shift manager for a drive-through, fast-food restaurant for almost 20 years. Been there, done that… had a few sandwiches thrown in my face!

MMNA: What is your most memorable experience in the PHEV?
Terry: Once, right around 5,500 rides, I picked up a group of guys in their mid-twenties, who were out having a good time. I like to listen to a local jazz station while driving. I find it relaxes people who are just coming out of a loud bar and may have been over-served.  Anyway, one of them asked me to turn it up. Turns out, he had never listened to jazz music, and man, did it blow his mind. I said, «what do you mean? It’s jazz, man!» For the full 12-minute ride, we listened and laughed and had a great time. Best ride ever.

MMNA: You don’t consider yourself to be tech-savvy. You don’t even own a laptop. What drew you to an electric vehicle?
Terry: This is my full-time job, so fuel economy and efficiency are important to me. I typically get 35 MPG, often 38-40 MPG. I track everything in my notebook – expenses, dates, times, distances. I can switch back and forth between eco mode, battery-save mode, and battery-charge mode using the regenerative braking system, just by clicking buttons. That makes it easy (and fun) to operate, even for me. Reliability is also important to me, and electric motors tend to last a long time.

MMNA: And why the Mitsubishi PHEV specifically?
Terry: I feel incredibly safe in the vehicle, especially in the snow. It is solid and incredibly responsive, and I’ve never driven anything that felt so stable on a slippery on- or off-ramp in the winter. It’s comfortable for me and for my guests. I regularly get compliments about the car from my riders.

MMNA: You mentioned reliability, but you only had your PHEV for two years. What prompted the trade-in?
Terry: I think my first PHEV could have made it to 600,000 miles! But the guys at White Bear Mitsubishi – shout out to Dave K.! – gave me the chance to get into a new model at almost the same payment, so I took him up on the offer. I picked up my 2019 on my birthday. They gave me a cake and sang and everything!

The Mitsubishi Outlander PHEV is the world’s best-selling plug-in hybrid vehicle. On sale early this year, the 2021 model will see major revisions, highlighted by a completely new powertrain, and a host of updates to each trim level. The updated internal combustion engine has increased displacement and greater horsepower, and the larger and more refined electric drive system offers greater all-electric range and speed of operation.

About Mitsubishi Motors North America, Inc.
Through a network of approximately 330 dealer partners across the United States, Mitsubishi Motors North America, Inc., (MMNA) is responsible for the sales, research and development, marketing and customer service of Mitsubishi Motors vehicles in the U.S. MMNA was the top-ranked Japanese brand in the J.D. Power 2020 Initial Quality study, ranking sixth overall and experiencing the greatest year-over-year improvement of any brand.

Located in Franklin, Tennessee, MMNA is a part of the Renault-Nissan-Mitsubishi Alliance. Mitsubishi continues to lead the way in the development of highly efficient, affordably priced new gasoline-powered automobiles, while using its industry-leading knowledge in battery-electric vehicles to develop future EV and PHEV models.

For more information on Mitsubishi vehicles, please contact the Mitsubishi Motors News Bureau at (615) 257-2698 or visit media.mitsubishicars.com.

Contacts
Jeremy Barnes
Senior Director, Communications and Events
jeremy.barnes@na.mitsubishi-motors.com
Mobile: 714-296-1402

Lauren Ryan
Manager, Communications and Events
lauren.ryan@na.mitsubishi-motors.com 
Mobile: 404-862-8286

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SOURCE Mitsubishi Motors North America, Inc.

Industry Professionals to Design Scenes for Lehigh Valley’s New PEEPS® Meet Diorama Contest

LEHIGH VALLEY, Pa., Jan. 27, 2021 /PRNewswire-PRWeb/ — Discover Lehigh Valley® and Joanne Dennison of The MeetGuide announced today the inaugural <a target="_blank"…

LEHIGH VALLEY, Pa., Jan. 27, 2021 /PRNewswire-PRWeb/ — Discover Lehigh Valley® and Joanne Dennison of The MeetGuide announced today the inaugural PEEPS® Meet Diorama Contest, a creative art competition for meetings professionals to express their love of the industry and one of America’s favorite brands while staying safe at home. The competition invites meeting planners, tourism suppliers, and travel professionals to construct three-dimensional models related to the meetings and events industry using local Lehigh Valley products – PEEPS® marshmallow candies and Crayola® art supplies.

«We’re thrilled to partner with Joanne Dennison and offer a creative outlet to our fellow meetings, events, and tourism industry professionals while so many are still social distancing at home,» says Bree Nidds, vice president of sales for Discover Lehigh Valley. «Lehigh Valley is home to iconic brands including PEEPS & COMPANY and Crayola®, so it was a no brainer to include these products as the art supplies for the PEEPS® Meet Diorama Contest. We know that our colleagues will love to flex their creative muscles while learning about our region and our venues from the comfort of their homes.»

Registration is open through March 8 and meetings professionals can find the entry form and more information on the Discover Lehigh Valley website. The first 40 registrants will receive a complementary starter kit, which includes:

  • Two packs of PEEPS® yellow chicks
  • One Crayola® modeling clay
  • One set of Crayola® markers
  • Two complimentary tickets to Crayola Experience™ in Easton

Registrants will build their PEEPS® Meet Diorama based on one of four categories – Holiday, I Miss Sports, Meetings & Events, or Traveling PEEPS – and incorporate at least one PEEPS® brand candy. Up to five bonus points will be awarded to Lehigh Valley related scenes. Once completed, registrants will submit one photo of the diorama by March 20. The public will then vote on Discover Lehigh Valley’s Facebook page from March 22-26 and winners will be announced April 2.

«Everyone needs bright spots in their lives right now, and people in the meetings and events industry are craving creating an event. A #PeepsMeet Contest certainly provides both! I know meeting and event professionals, even outside of the US, are going to be jumping in to show their creativity and planning skills. This will spotlight Lehigh Valley, connect event professionals, and bring a smile to everyone’s face,» Joanne Dennison shared.

Visit DiscoverLehighValley.com to learn about Pennsylvania’s Lehigh and Northampton counties and follow @LehighValleyPa on Facebook, Instagram, and Twitter.

About Discover Lehigh Valley
Discover Lehigh Valley®, the official destination marketing organization of Pennsylvania’s Lehigh and Northampton counties, is dedicated to driving economic growth and strengthening local pride through tourism to the region. Just 60 minutes north of Philadelphia and 90 minutes west of New York City, Lehigh Valley is home to must-see attractions and festivals, world-class sporting events, thrilling outdoor recreation, renowned colleges and universities, and historic sites including Bethlehem, a National Historic Landmark District and nominee on the U.S. Tentative List for World Heritage Designation. Many of America’s favorite brands such as Crayola®, Peeps®, Mike & Ike®, Martin Guitars, Mack Trucks and Olympus reign from Lehigh Valley. Visit DiscoverLehighValley.com and follow @LehighValleyPa.

Media Contact

Benjamin Guell, Discover Lehigh Valley®, (304) 582-0544, bguell@vaultcommunications.com

 

SOURCE Discover Lehigh Valley®

Keurig Dr Pepper Joins Leading Collaboratives Focused on Building a Circular Economy for Plastics

BURLINGTON, Mass. and PLANO, Texas, Jan. 27, 2021 /PRNewswire/ — Keurig Dr Pepper (NASDAQ: KDP) announced today that it has become a signatory in two regional initiatives of the Ellen MacArthur Foundation’s global

BURLINGTON, Mass. and PLANO, Texas, Jan. 27, 2021 /PRNewswire/ — Keurig Dr Pepper (NASDAQ: KDP) announced today that it has become a signatory in two regional initiatives of the Ellen MacArthur Foundation’s global Plastics Pact network – the U.S. Plastic Pact and the Canada Plastics Pact.  Both Pacts bring together key players from across the local plastic value chain behind a common vision and clear, actionable targets to create a path forward toward a circular economy for plastics. In addition, the Company also recently joined Ocean Conservancy’s Trash Free Seas Alliance®, which brings together thought leaders from the private sector, conservation and academia actively working toward solutions that will mitigate plastic waste entering the ocean.

«At Keurig Dr Pepper, we are committed to driving real impact and circular solutions,» said Monique Oxender, Chief Sustainability Officer at Keurig Dr Pepper. «We recognize that achieving a truly circular economy for plastics requires significant systematic change, and we are eager to join these groups of diverse leaders from across sectors to ensure that plastics never become waste or pollution.»

As an Activator of the U.S. Plastics Pact and Canada Plastics Pact, Keurig Dr Pepper has agreed to collectively make efforts toward these four ambitious country-level goals espoused by the Pacts:

  1. Define a list of packaging to be designated as problematic or unnecessary by 2021 and take measures to eliminate them by 2025.
  2. By 2025, all plastic packaging is 100% reusable, recyclable, or compostable.
  3. By 2025, undertake ambitious actions to effectively recycle or compost 50% of plastic packaging.
  4. By 2025, the average recycled content or responsibly sourced bio-based content in plastic packaging will be 30%.

The U.S. Plastics Pact is a collaboration led by The Recycling Partnership, World Wildlife Fund (WWF), and Ellen MacArthur Foundation supporting upstream innovation and a coordinated national strategy to rethink the way plastic is designed, used and reused.  Announced today, the Canada Plastics Pact is committed to tackling plastic waste and pollution by bringing together businesses, government, non-governmental organizations and other key actors under the vision of creating a circular economy in Canada in which plastic waste is kept out of the environment.  

Founded in 2012 by leading U.S.-based environmental non-profit Ocean Conservancy, the Trash Free Seas Alliance is the oldest collaborative forum focused on innovative and pragmatic solutions to the ocean plastic pollution crisis. Trash Free Seas Alliance members are working toward demonstrably reducing the amount of plastic waste entering the ocean annually by 50% by 2025.

These memberships build upon Keurig Dr Pepper’s current sustainable packaging commitments and will aid in ensuring new levels of accountability and transparency when reporting annual progress against its goals. Under its Drink Well. Do Good. corporate responsibility program, the Company recently achieved one of its longstanding commitments to make all K-Cup® pods in the U.S. recyclable at the end of 2020, following achieving that important milestone in Canada at the end of 2018. The Company has committed to converting 100% of packaging to be recyclable or compostable by 2025, as well as to use 30% post-consumer recycled (PCR) content across its packaging portfolio by 2025.

About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue in excess of $11 billion and nearly 26,000 employees. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company’s portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott’s®, CORE® and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers.  The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability.  For more information, visit, www.keurigdrpepper.com.

KDP Contacts
Tyson Seely (Investors)
T: 781-418-3352 | tyson.seely@kdrp.com

Steve Alexander (Investors)
T: 972-673-6769 | steve.alexander@kdrp.com

Katie Gilroy (Media)
T: 781-418-3345 | katie.gilroy@kdrp.com 

(PRNewsfoto/Keurig Dr Pepper)

 

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SOURCE Keurig Dr Pepper

Sanwa Alterna Brokerage Says Canada Economy Expected To Grow

MONTREAL, Jan. 27, 2021 /PRNewswire/ — Sanwa Alterna Brokerage has today said that the Canadian economy is expected to experience economic growth throughout 2021. Canada’s biggest priority comes from the newly elected U.S. president Joe Biden, as their administration looks to re-enter the Trans-Pacific Partnership agreement, which would boost trade in <span…

MONTREAL, Jan. 27, 2021 /PRNewswire/ — Sanwa Alterna Brokerage has today said that the Canadian economy is expected to experience economic growth throughout 2021. Canada’s biggest priority comes from the newly elected U.S. president Joe Biden, as their administration looks to re-enter the Trans-Pacific Partnership agreement, which would boost trade in North America.

The Asia-Pacific is now the world’s leading region of economic growth. Upon re-entering the Trans-Pacific Partnership, Canada will secure a free trade agreement with ten other Asia-Pacific countries, offering major opportunities for both trade and expansion.

«Canada is a trading nation. 70% of the country’s economic output comprises international trade alone, and we see a strong administration committed to open trade and economic recovery. The United States hugely influences the Canadian economy, and with the last few years of US-China trade wars likely to come to an end, we see a positive uptrend growth for Canada’s economy this year.» said Michael Sharpe, Head of International Equities at Sanwa Alterna Brokerage.

Economic researchers from Sanwa Alterna Brokerage highlighted that Canada’s national inflation rate lowered to an annual rate of 0.7%. Economic growth has been projected to accelerate to 4% in 2021 and approach the 5% benchmark in the following year. 

Ken Keisuke who heads up the Market Intelligence department at Sanwa Alterna Brokerage commented «Canada has been one of the major countries that have supported fiscal stimulus and are committed to continuing support further if needed over the next couple of years. These efforts have ensured that interest rates stay low, and they have also positively affected the lowering of unemployment rates.»

Financial stock markets have rallied to all-time highs since bottoming out from last April, and both the Dow Jones and the S&P are now up by more than 60%. With investor confidence increasing on the global economy’s state entering a full recovery from the coronavirus declines, markets continue to rally.

About

Sanwa Alterna Brokerage was founded in 2011 to provide a streamlined wealth management and investment service for high-net-worth and ultra-high-net-worth private investors and corporate clients. We have partnered with people and businesses for two decades, incorporating a forward-looking approach that has guided our success.

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SOURCE Sanwa Alterna Brokerage

Mitchell Expands Claims Automation Capabilities through Open Platform and Collaboration with Tractable

SAN DIEGO, Jan. 27, 2021 /PRNewswire/ — Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty (P&C) claims and <a target="_blank"…

SAN DIEGO, Jan. 27, 2021 /PRNewswire/ — Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty (P&C) claims and Collision Repair industries, today announced the addition of Tractable’s AI to the Mitchell Intelligent Open Platform (MIOP). This allows North American automotive insurers to use Mitchell’s advanced claims automation solution—Mitchell Intelligent Estimating—with Tractable AI.

With this plug-and-play approach, insurers have the flexibility to incorporate the AI technology that meets their unique workflow requirements.

«We’re excited to combine our solutions to accelerate accident recovery,» said Alex Dalyac, co-founder and CEO of Tractable. «Mitchell’s collision repair data and industry expertise are known to be a reference in North America, as are their affiliate’s GT Motive in Europe. Insurers now have access to a solution that is best of breed on both AI and repair estimatics. This collaboration brings a new alternative to the industry.»

The sector’s first claims automation solution with a flexible, end-to-end framework, Mitchell Intelligent Estimating leverages the MIOP platform of AI computer vision providers, cloud-based technology and Mitchell’s intellectual property and data to produce a partial or complete estimate. Photos of damaged vehicles are captured and processed, the Vehicle Identification Number (VIN) and configuration are determined, and the estimate is populated with part- and operation-specific line items before the appraiser begins work. This expedites the claims process and helps both insurance carriers and collision repairers deliver better outcomes for their customers.

«MIOP is a critical component of Mitchell Intelligent Estimating and our open and flexible approach to claims automation,» explained Olivier Baudoux, senior vice president of global product strategy and artificial intelligence at Mitchell. «By collaborating with Tractable and incorporating their best-in-class AI engine into Mitchell Intelligent Estimating, we can provide customers and the industry with an advanced, turnkey solution.»

Additional information about Mitchell Intelligent Estimating can be found on the company’s website. To receive property casualty and collision repair updates and perspectives, follow Mitchell on Twitter @MitchellClaims and @MitchellRepair

About Mitchell International
Headquartered in San Diego, Calif., Mitchell International, Inc. delivers smart technology solutions and services to the auto insurance, collision repair, disability and workers’ compensation markets. Through deep industry expertise, connections throughout the insurance ecosystem and advanced technology such as artificial intelligence, extended reality and cloud-based solutions, Mitchell enables its customers and clients to succeed in today’s ever-changing environment. Each month, Mitchell processes tens of millions of transactions for more than 300 insurance providers, 20,000 collision repair facilities and 70,000 pharmacies. Its comprehensive solution and service portfolio empowers clients to restore lives after a challenging event.

Mitchell, Genex and Coventry have recently aligned their joint industry expertise and advanced technology solutions into a combined organization of more than 6,000 associates committed to simplifying and optimizing property, casualty and disability claims processes and services.

For more information, please visit www.mitchell.com.

 

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SOURCE Mitchell International

Rx Savings Solutions Inaugural Consumer Insights Report Examines Intersection of COVID and Drug Affordability

OVERLAND PARK, Kan., Jan. 27, 2021 /PRNewswire/ — As COVID-19 continues to impact every aspect of the healthcare and financial sectors, consumers around the country are confronting an uncertain economic climate while also addressing some familiar challenges—including the ever-increasing cost of prescription drugs. According to new data released today from <a target="_blank"…

OVERLAND PARK, Kan., Jan. 27, 2021 /PRNewswire/ — As COVID-19 continues to impact every aspect of the healthcare and financial sectors, consumers around the country are confronting an uncertain economic climate while also addressing some familiar challenges—including the ever-increasing cost of prescription drugs. According to new data released today from Rx Savings Solutions, the market-leading tool for pharmacy transparency, 67% of consumers feel a lack of control over their prescription drug costs.

In a first-of-its-kind survey of 700 American consumers—all of whom use prescription drugs—Rx Savings Solutions examined the intersection of COVID-19 and prescription drug affordability and offers key insight into how people are making decisions on important healthcare matters. According to the survey, most respondents (74%) are still seeing their prescription drug costs rise—or remain at the same high levels. With that stat expected to trend upwards into 2021, 29% say they will use a price transparency tool, 24% will talk to their healthcare provider about lower-cost alternatives, and 22% say they will switch or continue to use home delivery services.

Serving more than 8 million members nationwide, Rx Savings Solutions’ clinical technology contains over 30,000 unique and dose-adjusted prescription drug suggestions, used to drive proven savings results for clients and their members, including 42 FORTUNE 500 leading companies. Using an online portal or mobile app, Rx Savings Solutions members can submit a new prescription request to their provider with one click. On average, members who switch to a lower-cost drug save $45 out of pocket, per fill.

Among other key findings, Rx Savings Solutions found that of all the ways people are changing their behavior in response to the pandemic, 46% switched to mail-order or 90-day fills due to COVID-19 and to reduce their prescription costs. One in four skipped doses or rationed their fills. Thirty-one percent experienced a medication that was out of stock at the pharmacy and 17% experienced a delay in their mail-order prescription delivery.

In 2020, Rx Savings Solutions analyzed 69 million member prescription claims, finding almost $2 billion in addressable prescription drug savings. Of that savings opportunity, about 22% is out-of-pocket opportunity for the consumer.  

«Last year was one like no other. But amid all the uncertainty, we found an opportunity to engage with consumers around the country and get their insight on some important topics that impact their health as well as their bottom lines,» said Michael Rea, a clinical pharmacist who founded and currently leads Rx Savings Solutions. «We can certainly empathize with the confusion and helplessness so many people feel when filling their prescriptions—it’s our goal to ease that pain. With our solution, members are in the driver’s seat when they’re shopping for medications.» 

When asked who should be responsible for lowering the cost of prescription drugs, survey respondents were largely split—41% to 40%—looking either to the government or pharmaceutical companies.

«One thing that remains consistent, even with the backdrop of a pandemic, is healthcare costs are still going up. It’s more clear now than ever—people want to know their options when managing their prescription drugs,» added Rea.

For a full copy of 2020 Consumer Insights, please visit: https://rxsavingssolutions.com/consumer-insights

About Rx Savings Solutions 
Founded by a former retail pharmacist, Rx Savings Solutions works on behalf of health plans and self-insured employers to help their members reduce out-of-pocket prescription costs and the plan’s pharmacy spend. The solution layers on top of an existing pharmacy benefit and analyzes individual claims to identify and present cost-saving alternatives to each member.

Whenever savings opportunities are found, members are proactively notified through preferred communication channels. They engage with the solution through a personal online portal, mobile app and live, concierge member support provided by certified pharmacy technicians. Rx Savings Solutions currently serves more than 8 million members nationwide. For more information, visit rxsavingssolutions.com or follow them on LinkedIn and Twitter.

Contact:
Cecile Fradkin
S&C Public Relations Inc.
646-941-9139 
media@rxsavingsllc.com

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SOURCE Rx Savings Solutions

VayuAI Among Teams Competing in AFWERX Energy Showcase

SAN FRANCISCO, Jan. 27, 2021 /PRNewswire-PRWeb/ — AFWERX, the catalyst for fostering innovation within the U.S. Air Force, announced VayuAI as one of the 179 participating teams selected from across the globe competing to Reimagining Energy for the DoD.

The AFWERX Challenge is centered around six topics – Fixed and Mobile Energy Generation, Energy Transmission and Distribution, Fixed and Mobile Energy Storage, New Warfighting and Operational Equipment, Data Availability for Improved Planning…

SAN FRANCISCO, Jan. 27, 2021 /PRNewswire-PRWeb/ — AFWERX, the catalyst for fostering innovation within the U.S. Air Force, announced VayuAI as one of the 179 participating teams selected from across the globe competing to Reimagining Energy for the DoD.

The AFWERX Challenge is centered around six topics – Fixed and Mobile Energy Generation, Energy Transmission and Distribution, Fixed and Mobile Energy Storage, New Warfighting and Operational Equipment, Data Availability for Improved Planning and Decision Making, and Energy Culture, Policy, and Education. The proposals selected to advance represent innovative solutions to allow for more effective warfighting and humanitarian missions less reliant on fossil fuels.

Located in San Francisco, VayuAI is competing in the New Warfighting and Operational Equipment alongside a diverse group of teams – originating from the vast regions of North America, Europe, Australia and other allied countries – that represent entrepreneurial startups, small businesses, large enterprises, academic institutions and research labs all vying to Reimagine Energy for the Department of Defense.

«The AFWERX Reimagining Energy for the DoD Challenge is critical to our mission of increasing collaboration between large businesses and entrepreneurs to accelerate solutions for the Air Force,» stated Mark Rowland of AFWERX. «On behalf of AFWERX and the Department of Defense, we congratulate the teams advancing to the next phase. Their contributions are invaluable and have the potential to create game-changing results across the Air Force enterprise.»

The New Warfighting and Operational Equipment Challenge strives to radically reduce our dependence on fossil fuels and create non-fossil fueled vehicles and equipment. The Department of Defense (DoD) consumes large amounts of operational and facility energy to provide a combat-credible force. The DoD is one of the largest single consumers of energy globally, and the Air Force is the largest user of fuel energy in the US Government. The way we generate, transmit, store, and use this enormous amount of energy today is both a paramount combat enabler and a potentially crippling vulnerability.

VayuAI’s cloud-based platform will reduce labor-intensive tasks by enabling drones to autonomously and safely navigate their environment and perform their work. VayuAI enables drones and robotic ground vehicles to maneuver without risk of collision- in all weather, day or night. This breakthrough will allow the Air Force to transfer appropriate manned truck, helicopter, and fixed-wing aircraft missions to smaller and more efficient autonomous vehicles, with significant savings in fuel and manpower.

«VayuAI’s proprietary technology retires the current model of one drone per human operator,» said Jim Kiles, CEO of VayuAI. «This will enable a more scalable and autonomous fleet capable of executing the most challenging missions.»

To learn more about the Reimagining Energy for the DoD Challenges, click here

ABOUT VayuAI
VayuAI’s cloud-based AI enables connected machines to work better together to dramatically enhance outcomes. Solutions are focused on Drones and Wind Energy.

Learn more at vayuai.com.

ABOUT AFWERX
Established in 2017, AFWERX is a product of the U.S. Air Force, directly envisioned by former Secretary of the Air Force Heather Wilson. Her vision of AFWERX — to solve some of the toughest challenges that the Air Force faces through innovation and collaboration amongst our nation’s top subject matter experts. AFWERX serves as a catalyst to unleash new approaches for the warfighter through a growing ecosystem of innovators. AFWERX and the U.S. Air Force are committed to exploring viable solutions and partnerships to further strengthen the Air Force, which could lead to additional prototyping, R&D, and follow-on production contracts.

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Media Contacts:
Neil Cohen
Neil@vayuai.com

AFWERX Media Contacts:
support@afwerxchallenge.com
Marketing@afwerx.af.mil

Media Contact

Jim Kiles, VayuAI, +1 (415) 317-2956, jim@vayuai.com

Neil Cohen, VayuAI, 415-652-5544, neil@vayuai.com

Twitter

 

SOURCE VayuAI