Monday, February 5, 2024

MissionIRNewsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Pioneering Green-Energy Transformation on the Water

 Vision Marine Technologies Inc. (NASDAQ: VMAR) is a global leader and innovator within the electric recreational boating industry. The company is pioneering clean-energy transition on the water, selling 100% electric boats, outboard motors and technology in the marine industry. “Vision Marine Technologies is certainly part of this tide of green-energy transformation. In the last several weeks, the company announced the ‘landmark’ delivery of its E-Motion(TM) Electric Powertrain technology to the production facility of Groupe Beneteau, Four Winns. According to the company, these powertrains will be the inaugural electric motors installed on the Four Winns H2e Bowrider,” a recent article reads. “In addition, Vision Marine announced that it had received an initial purchase order from Wired Pontoons for its proprietary E-Motion(TM) 180E outboard and powertrain systems. The order ‘marks the beginning of a transformative partnership,’ VMAR officials noted, as Wired is committed to responding to the growing marine consumer demand for electric marine propulsion.”

To view the full article, visit https://ibn.fm/2MItT

About Vision Marine Technologies Inc.

Vision Marine Technologies strives to be a guiding force for change and an ongoing driving factor in fighting the problems associated with waterway pollution by disrupting the traditional boating industry with electric power, in turn directly contributing to zero pollution, zero emission and a noiseless environment. Its Flagship E-Motion(TM) 180E electric marine powertrain is the first fully electric purpose-built outboard powertrain system that combines an advanced battery pack, inverter and high efficiency motor with proprietary union assembly between the transmission and the electric motor design utilizing extensive control software. The company’s E-Motion(TM) and related technologies used in this powertrain system are uniquely designed to improve the efficiency of the outboard powertrain and, as a result, enhance both range and performance. Vision Marine continues to design, innovate, manufacture, and sell handcrafted, environmentally friendly, electric recreational boats to customers. The design and technology applied to its boats results in far greater enhanced performance in general, higher speeds and longer range. Simply stated, a smoother ride than a traditional internal combustion engine (“ICE”) motorboat.

NOTE TO INVESTORS: The latest news and updates relating to VMAR are available in the company’s newsroom at https://ibn.fm/VMAR

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

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Diamond Lake Minerals Inc. (DLMI) Serves As ‘Missing Link’ to Help Traditional Investors Enter Evolving Digital Asset Sector

 

  • The U.S. Securities and Exchange Commission recently won a judgment that furthers its efforts to bring crypto-based transactions under its purview, seen as enhancing the sense of security needed for larger public acceptance of the digital sector
  • Many investors have taken an interest in the heady accomplishments of the digital asset sector but have been reluctant to get involved due to uncertainties or a simple wariness of having to become tech savvy
  • Utah-based Diamond Lake Minerals Inc. is positioning itself as a bridge-builder that helps traditional investors step effortlessly into the digital asset sector with expectations of government-regulated stability
  • DLMI’s model presents digital security token offerings as an integral element of its numerous industry-agnostic subsidiaries that have their own investor appeal

Multi-strategy operating company Diamond Lake Minerals (OTC: DLMI) is helping investors navigate the perceived complexities of adding digital assets to their portfolios by providing a more safe and simple gateway. Security tokens, registered with the U.S. Securities and Exchange Commission (“SEC”), are embedded in Diamond Lake’s subsidiaries to form a traditional investment opportunity that is also imbued with digital asset elements.

A recent federal court ruling sustaining the SEC’s continued efforts to bring more crypto-based transactions under its purview, further demonstrates the importance of the legal landscape surrounding the regulation of digital assets (https://ibn.fm/tm7UZ). DLMI’s determination to use only SEC-registered security tokens as the digital offering of its industry-agnostic subsidiaries reflects the company’s emphasis on compliance with securities laws.

“The current philosophy and model is not tokenizing the shares, but it’s actually tokenizing business units within our subsidiaries. So there’ll be an attachment to some revenue-generating mechanism within the subsidiaries that we would go out to the public markets with … and offer participation in those businesses to a global audience,” DLMI CEO Brian J. Esposito said during a recent interview with the Cryptonized webcast (https://ibn.fm/L1QHd). Diamond Lake is making its security token offerings (“STOs”) available through the SEC-regulated security token exchange INX (https://ibn.fm/e9X5l).

“As a supporter and believer and shareholder in DLMI, I want this to be a security that I never want to get rid of … and it’s also a security or a security token that I hold that pays me and my shareholders a dividend or a yield or a revenue share of some sort,” Esposito said. “In theory, you should have a Berkshire-Hathaway class A stock on your hands. … With the idea of what does the future of capitalization look like and what does the future of a global investor look like.”

Esposito said the company is trying to position its offerings as a “missing link” that will bring traditional investors over to the digital environment as they become involved with the company’s subsidiaries, which include sectors ranging from entertainment to healthcare. “You’ve got to future-proof anything. You’ve got to adapt or die. If you don’t, you die — that’s the reality,” he said.

For more information, visit the company’s website at www.DiamondLakeMinerals.com or LinkedIn page at www.LinkedIn.com/company/Diamond-Lake-Minerals/.

In addition, for information on the company’s security token SEC regulated exchange partner INX, and the development of the INX Way, visit https://www.inx.co/inx-ebook/. This free security token bible, written with the SEC on the rollout of security tokens and the future of digital assets, will greatly deepen your understanding of security tokens.

NOTE TO INVESTORS: The latest news and updates relating to DLMI are available in the company’s newsroom at https://ibn.fm/DLMI

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

SuperCom Ltd.’s (NASDAQ: SPCB) PureProtect(TM) Domestic Violence Monitoring Solution is Designed to Help Prevent Tragic Outcomes and Associated Litigation

 

  • SuperCom is an electronic monitoring solutions developer and provider that offers the PureSecurity(TM) Suite, a comprehensive range of products that include a domestic violence monitoring solution, a GPS tracking platform called PureTrack(TM), a house arrest enforcement solution, and an inmate monitoring solution
  • The company holds that its advanced domestic violence monitoring solution could play a vital role for enhancing public safety measures, particularly in light of a recent cases emphasizing the critical need for effective response in domestic violence situations
  • An Illinois appellate court recently upheld a $3 million jury award to the estate of the late Vanessa Taylor, who was allegedly killed by her boyfriend, after finding sufficient evidence that two officers “cared more about going home” than protecting Taylor

On June 30, 2015, about 25 hours after the Chicago Police Department (“CPD”) had responded to a domestic violence call at a West Side, Chicago, apartment, Vanessa Taylor was allegedly killed by her boyfriend, James Thomas. The death led to a wrongful death and survival action lawsuit against the City of Chicago, following which a Cook County jury found the city liable for Taylor’s death and awarded her estate $3 million, “which is believed to be a record civil judgment under the Illinois Domestic Violence Act,” according to an article in the Chicago Tribune (https://ibn.fm/Tpkau).

The jury found that Taylor’s death was caused by CPD’s breach of its duty to protect her under the Domestic Violence Act. When officers responded to the initial call, placed on June 28, they found Taylor’s boyfriend, James Thomas, in a mental health crisis that prompted them to transport him to the hospital. Once at the hospital, Thomas was given an antipsychotic sedative, administered a mental health examination by a physician, and discharged several hours later, court documents show (https://ibn.fm/rsBV3).

By the time he was discharged, however, the police officers had already left the hospital and had gone home despite the fact that, when they responded to the call earlier, Taylor had a black eye, according to court records. Furthermore, Thomas had allegedly cut the gas line in Taylor’s building and tussled with the officers, actions the court listed as charges Thomas could have faced in connection with the incident. After being discharged, Thomas returned to the West Side apartment where he committed the alleged crime.

Justices of the Illinois First District Appellate Court recently released a strongly worded opinion upholding the $3 million jury award to the estate of the victim after finding sufficient evidence that two CPD officers “cared more about going home for the day than protecting a domestic violence victim who was killed by her alleged abuser a short time later,” the article reads.

“In light of the recent appellate court decision emphasizing the critical need for effective response in domestic violence situations, SuperCom’s advanced technology solution could play a vital role in enhancing public safety measures,” wrote SuperCom (NASDAQ: SPCB) on its LinkedIn page (https://ibn.fm/3vfY3). SuperCom is a global leader in the field of electronics monitoring (“EM”). The company offers the PureSecurity(TM) Suite, a comprehensive range of products that include a domestic violence monitoring solution, a GPS tracking platform called PureTrack(TM), a house arrest enforcement solution, and an inmate monitoring solution.

“These innovative tools are designed to provide law enforcement and criminal justice agencies with real-time data and analytics, helping prevent tragic outcomes by ensuring constant monitoring and swift response in critical situations. SuperCom’s technology demonstrates a commitment to public safety and the protection of vulnerable individuals, aligning closely with the heightened need for effective and proactive measures in domestic violence cases,” SuperCom explained in the post.

SuperCom’s life-saving domestic monitoring solution is designed to monitor the movement of domestic violence aggressors, acting as a protective front line for victims. It combines several SuperCom technologies, including the PureProtect(TM) smartphone app, the PureTag ankle bracelet, and the PureMonitor software (https://ibn.fm/d5HYc).

The PureProtect app is designed for victims. It detects proximity violations and alerts the victims whenever the domestic violence perpetrators near their location. The app uses advanced zoning, proximity, alerting, and management capabilities to both enforce a safe distance between the victims and perpetrators and update the former of the latter’s whereabouts. It achieves this without violating the victims’ privacy. The app also supports the latest GPS, cellular, Wi-Fi, and Bluetooth technologies, enabling it to communicate with the aggressor-worn PureTag ankle bracelet, which beams signals that report the wearer’s exact location.

Completing the list of technologies that make up SuperCom’s domestic monitoring solution is the PureMonitor software meant for law enforcement officers. The software tracks the location of the aggressors and victims, logging all real-time and historical instances when proximity breaches occur. It also alerts law enforcement officers of breaches and has reporting and analytics capabilities.

The PureProtect electronic domestic violence monitoring solution provides all the information needed to protect victims and enforce court restrictions. Its advanced zoning and alerting capabilities make it a vital tool in helping enforce safety measures and preventing avoidable tragic outcomes like domestic violence-related deaths.

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

D-Wave Quantum Inc. (NYSE: QBTS) Announces Successful Completion of SOC 2 Type 2 Audit to Further Commitment to Data Security

 

  • D-Wave’s completion of the SOC 2 Type 2 audit makes it the first full-stack quantum computing provider to achieve this compliance
  • The company is deeply committed to data security as customers adopt the production use of its quantum computing solutions
  • Going forward, D-Wave will perform annual SOC 2 Type 2 assessments, making the latest report available to current and potential clients upon completing a nondisclosure agreement

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, recently announced the successful completion of its SOC 2(R) Type 2 audit on December 7, 2023. This compliance verification, which evaluates a number of operational factors including processing integrity and security controls, is of growing importance, especially as D-Wave increases commercial customer adoption and production use of its quantum computing solutions. This notable achievement makes D-Wave the first full-stack quantum computing provider to achieve SOC 2 Type 2 compliance. The Type 2 compliance follows D-Wave’s successful SOC 2 Type 1 audit in March 2023 (https://ibn.fm/XDoPR).

D-Wave CEO Dr. Alan Baratz said this was a pivotal moment for quantum computing, as the company’s customers are moving full-steam ahead into enterprise-scale adoption and deployment. “SOC 2 compliance is a key part of our production leadership, as it ensures commercial-grade security measures are established and regularly reviewed,” Baratz said. “With customers increasingly incorporating and using our quantum solutions to support daily operations, this level of data protection and security is paramount.”

The completion of the audit comes at a time when business leaders are being held more accountable for how third parties handle private information and need to ensure that the services they use to process data meet federally regulated mandates around security control and the effectiveness of the controls over time. Customers seek trusted vendors that help reduce risk and meet standards like SOC 2 as they consider where to run business-critical applications.

A-LIGN, a technology-enabled security and compliance partner trusted by more than 2,500 global organizations to help mitigate cybersecurity risks, conducted D-Wave’s SOC 2 Type 2 audit. Established by the American Institute of Certified Public Accountants (“AICPA”), the SOC 2 examination was designed for organizations of any size, regardless of industry and scope, to ensure the personal assets of potential and existing clients are safe. The SOC 2 reports are recognized internationally and verify that the company’s infrastructure, software, people, data, policies, procedures, and operations have been formally reviewed.

“Congratulations to D-Wave for completing its SOC 2 audit, a widely recognized signal of trust and security,” said Steve Simmons, COO of A-LIGN. “It’s great to work with organizations like D-Wave, who understand the value of expertise in driving an efficient audit and the importance of a high-quality final report.”

The company’s relentless pursuit of practical quantum computing has resulted in its technology being used by some of the world’s most advanced enterprises, including Mastercard, Deloitte, ArcelorMittal, Siemens Healthineers, Unisys, BBVA, NEC Corporation, Pattison Food Group Ltd., DENSO, and Lockheed Martin.

D-Wave owns one of the industry’s largest quantum computer intellectual property portfolios, including more than 210 issued U.S. patents. The company has published more than 225 peer-reviewed papers in leading scientific journals.

D-Wave will perform annual SOC 2 Type 2 assessments in the future, making the latest report available to current and potential clients upon completing a nondisclosure agreement.

For more information, visit the company’s website at www.DWaveQuantum.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. Forward-looking statements in this press release include, but are not limited to, statements regarding D-Wave’s future SOC 2 Type 2 assessments, and the availability of the related reports to current and potential customers. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including  general economic conditions and other risks; the company’s ability to expand its customer base and the customer adoption of its solutions; risks within D-Wave’s industry, including anticipated trends, growth rates, and challenges for companies engaged in the business of quantum computing and the markets in which they operate; the outcome of any legal proceedings that may be instituted against the company; risks related to the performance of D-Wave’s business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and/or timing thereof; the performance of the company’s products; the effects of competition on its business; the risk that the company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the company may never achieve or sustain profitability; the risk that the company is unable to secure or protect its intellectual property; volatility in the price of its securities; the risk that its securities will not maintain the listing on the NYSE; and the numerous other factors set forth in D-Wave’s Annual Report on Form 10-K for its fiscal year ended December 31, 2022 and other filings with the Securities and Exchange Commission. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. D-Wave undertakes no duty to update this information unless required by law.

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

MissionIRNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Expands Sales Dominican Republic, Caribbean Markets with Grupo Cavel Order

 Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received a vehicle order from Grupo Cavel for the sale of EVs its Electric Motors dealerships located in the Dominican Republic and Caribbean. The order was for 20 CAMPUS EV cargo vans. According to the announcement, Grupo Cavel plans to order additional vehicles and will be establishing a sales and service distribution channel for Mullen’s lineup of commercial EVs in the two countries. Grupo Cavel is a key retail automotive group in the Dominican Republic and has existing relationships in vehicle sales, distribution, warranty and servicing throughout the Caribbean. The addition of Mullen EVs to the group’s EV offerings will “establish a new level of quality among commercial vehicles,” said a Grupo Cavel representative. The Mullen CAMPUS, which features the same DNA as the Mullen ONE, was designed for low-speed, closed-campus use. “This is an important relationship for Mullen with a strong partner in Grupo Cavel, opening doors to a new market in the Dominican Republic and Caribbean, where the warm weather also provides a near-perfect operating environment for EVs,” said Mullen Automotive CEO and chair David Michery in the press release.

To view the full press release, visit https://ibn.fm/GtPpO

About Mullen Automotive Inc.

Mullen Automotive is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in its two United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover; the Mullen-GO Commercial Urban Delivery EV; the Mullen commercial class 1–3 EVs; and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and class 4–6 commercial offerings. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of all Electric Last Mile Solutions (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. To learn more about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN