Luvu Brands Improves Efficiency and Bottom Line Via New Factory Equipment

ATLANTA, GEORGIA, UNITED STATES, November 30, 2021 / — Consumer brands corporation Luvu Brands acquires a new compression packaging machine with superior roll compression capabilities and a faster Lectra fabric cutting machine to improve efficiency, increase production, and cut down on costs in their factory facility.

“We at Luvu Brands pride ourselves on being a flexible manufacturing facility that can produce with both versatility and quality,” says CEO Louis Friedman. “Providing our skilled manufacturing technicians with the best and latest available equipment is essential to maintaining the high standards we’ve set for ourselves.” he continued.

The advanced C³ machine allows the company to achieve a higher compression on their large-scale foam products than their previous compression methods, resulting in a significant cost reduction in both boxes and shipping.

On the C³ machine’s impact on product packaging and plastic usage, Luvu Brands Manufacturing Manager of Foam Contouring Chris Jackson says, “The CP1396 has allowed us to reduce the box size of our largest products by at least 20%, and that’s only in the few months since our factory has obtained this advanced equipment. Over time, we will develop new methods of utilizing the C³ machine to its fullest potential. I anticipate the resulting box size reduction to reach 30-40% once our factory workers master the technical processes involved with operating the CP1396. This will scale down our paper and plastic usage even further, subsequently boosting our bottom line.”

The high-speed Lectra Vector, which operates 25% faster than the fabric cutting machine it replaces for Luvu, provides the means for streamlined production and speed-to-market adaptability. The new Lectra also boosts cutting accuracy, thereby simultaneously improving product quality and reducing fabric consumption.

“The Lectra Vector has increased our capacity exponentially, which is crucial for dropshipping and reducing lead times,” Friedman says of the new fabric cutting equipment. “We can now be more reactive and responsive to a growing e-commerce market,” he continued.

The acquisition of the CP1396 and Lektra Vector has already made strides for Luvu Brands in their manufacturing processes at their Atlanta, GA factory. By bringing on new C³ and Lektra machines and using them in tandem with their older models, Luvu Brands more than doubles its production speed and efficiency. Friedman looks forward to harnessing the full potential of the equipment’s time- and resource-saving capabilities as his team perfects their knowledge of the exciting new technologies.

About Luvu Brands
Luvu Brands, Inc. designs, manufactures, and markets a portfolio of consumer lifestyle brands through the Company's websites, online mass merchants, and specialty retail stores worldwide. Brands include Liberator®, Avana®, inclined bed therapy products, assistive in relieving medical conditions associated with acid reflux, surgery recovery, and chronic pain; and Jaxx®, a diverse range of casual fashion daybeds, sofas and beanbags made from polyurethane foam and repurposed polyurethane foam trim. Headquartered in Atlanta, Georgia, the Company occupies a 140,000 square foot vertically integrated manufacturing facility and employs over 200 people. The Company's brand sites include and, plus other global e-commerce sites. For more information about Luvu Brands, please visit

Danny Griffin
Luvu Brands
+1 770-246-6452

Source: EIN Presswire

onservice sponsors world-class athlete Emma Weiss

oneservice - service provider sponsors Emma Weiss

oneservice sponsors Emma Weiss

oneservice - redefining service excellence

oneservice is a global service provider offering complete managed service solutions, consulting and learning for the Life Science, Diagnostics and Medical Device industries. We want to be your partner of choice!

oneservice AG is pleased to announce the sponsorship of the world-class ski athlete Emma Weiss, on the German Olympic Squad, Ski Freetsyle Aerials.

FEUSISBERG, SCHWYZ, SWITZERLAND, November 30, 2021 / — "We are very proud to sponsor pioneer Emma Weiss, the first German to compete in world-class Ski Freestyle Aerials since 1998”, says CEO of oneservice Matthias Raquet. ‘’Having been myself in the German National Team 30 years ago in Ski Freestyle Aerials, I know how much commitment, dedication and support is needed to get to the top. oneservice is passionate about supporting Emma Weiss, an outstanding athlete, in this endeavour’’.

‘’The mission of oneservice is to offer excellent service and support to enable our customers to reach the highest level of performance and delight their customer world-wide, and aim to be the leading company in the world for managed services. In this spirit we also support pioneering talents such as Emma Weiss, as we know what it takes to perform at the highest level of performance, and for that a good partner and supporter is essential’’ commented Matthias Raquet.

‘’It is great to have the support of the team at oneservice’’, says Emma Weiss. This sport gives me the opportunity to mold myself into the most competitive person I can be. It is great to see how the team of oneservice stands behind and supports me on my mission to win the World cup and a Medal at the Olympic Games’’

For more informations, please visit

About oneservice
oneservice is a global and independent provider of after sales support services offering complete managed service solutions and consulting for the Life Science, Diagnostics and Medical Device Industries. oneservice is also the first company to offer a complete learning solution on “achieving customer delight through service excellence” with an online academy, blended eLearning and consulting solutions. oneservice has more than 25 years of experience in supporting customers in all aspects of customer services. The company is headquartered in Switzerland, with subsidiaries in Germany, UK and USA.

About Emma Weiss
Emma Weiss is 21 Years old from Albstadt-Ebingen, Germany. She is Member of the German Olympic Squad in Ski Freestyle, Aerials. Emma ended the season 2020/21 as 5th in the World Cup Series. She became second in the World Cup in Ruka December 2020.

Investors Relations
oneservice AG
+41 43 508 88 40
email us here
Visit us on social media:

Source: EIN Presswire

GPB Capital Investor Update 11-30-21

GPB Capital News Investigation

GPB Capital News Investigation

GPB Capital investors file numerous lawsuits to recover their losses after two years of bad news from GPB.

PALM BEACH, FL, USA, November 30, 2021 / — It is unclear what if any sums GPB Capital investors may recover through any restitution efforts resulting from the Securities Exchange Commission (SEC) investigation into GPB. Any sum that may later get paid out in restitution is separate from any potential sums that could be recovered by investors through separate actions against various other parties. Our office represents many investors who have (and who continue) to recoup their damages and losses associated with GPB investments recommended by financial advisors who were registered through the Financial Industry Regulatory Authority (FINRA). These clients have filed private, confidential (often expedited) arbitration claims to recover investment losses," according to Attorney Matt Thibaut, a securities fraud attorney from

Attorney Thibaut's explanation and the response were in reference to the lawsuit filed by the Securities Exchange Commission (SEC) involving GPB Capital. Although there are various rumors that the defendant is creating some type of a plan to initiate the process of potentially returning some investor funds, nothing formal has been finalized and most investors are still out of their original investment and have not received distributions since late 2018.

The SEC case filing alleges that almost the entire $1.7 billion raised by GPB Capital from some 17,000 retail investors may have been wiped out. It is believed that nearly one quarter or approximately 4,000 of the 17,000 investors are senior citizens, many who could ill afford a significant loss of investment principal and many of whom were looking to rely upon the distribution income stream to supplement their income during their retirement years.

Investors are encouraged to contact the experienced attorneys at or to call 1-800-856-3352 to schedule a fast, friendly claim evaluation from an experienced securities fraud attorney, and to receive their free "GPB Capital Investor’s Guide". The GPB Capital Investor’s Guide includes a variety of information designed to help investors understand the issues related to their GPB Capital investments and the status of the pending investigations and details related to the GPB investments, as well as their various potential options to recover investment losses and damages. For investors who call, there is no obligation, and they will receive an immediate appointment with an experienced attorney who can provide them with fast, free, friendly advice and a preliminary case.

Non-registered private placement investments such as those similar to GPB Capital were actively sold by more than 60 different FINRA-registered broker-dealers, many of which had financial advisors soliciting these investments based on the lure of hefty fees and commissions, and often choosing to ignore what might be in the investor’s best interests, and instead focused on selling the maximum amount of high-commission investment products they could sell, with little (if any) attention focused on the propriety, suitability, proper risk disclosure, accuracy of the representations, and even the investor risk profiles.

On behalf of several investors who have lost money in GPB, KlaymanToskes is investigating their FINRA arbitration claims. GPB securities that are included in the investigation:

-GPB Automotive Portfolio, LP
-GPB Holdings II and III
-GPB Eurobond Finance PLC
-GPB Cold Storage, LP
-Armada Waste Management
-GPB NYC Development, LP
-GPB Waste Management, LP
-GPB Holdings, LP
-GPB Holdings Qualified, LP

What can investors do now?

While there is/was one or more class action claims pending that involved GPB Capital, as well as various other parties, the large majority of GPB Capital investors who have decided to take action, have determined that a customer dispute (a private arbitration) through the Financial Regulatory Authority (FINRA) Office of Dispute Resolution is the quicker, more efficient, and most direct opportunity to address these matters and help them achieve a recovery. These claims are typically filed against the financial advisor and/or brokerage firms that originally recommended the investment in GPB, or otherwise provided ongoing investment advice related to GPB investments.

The FINRA Office of Dispute Resolution provides a process for a private, confidential, non-public arbitration. In that process, discovery generally involves a document exchange (and no depositions). For most investors, this is a faster and more efficient option to pursue, and to further streamline the process, they opt to retain experienced investment fraud or securities fraud lawyers to assist them through the FINRA dispute process.

Some of the issues raised in these claims sometimes involve detailed legal and regulatory matters related to the FINRA-registered broker-dealer efforts surrounding the due diligence process as well as an investigation into various potential negligence related to the sales practices or supervision issues. Overall, an experienced investment fraud or securities fraud attorney can help their clients identify any areas where a financial advisor or broker-dealer firm may have negligently failed their investor customer when it came to approving, selling, supervising transactions and investments in GPB Capital funds.

Haselkorn & Thibaut, P.A., is a nationwide law firm that specializes in securities arbitration claims on behalf of investors across the country, and with offices in Florida, New York, Arizona, Texas, and North Carolina. Their website can be found at, and they have a team of attorneys who have recovered millions of dollars for investors through the FINRA arbitration process.

If your investment losses with GPB Capital investments are substantial, we are here to help. Experienced attorneys at Haselkorn & Thibaut, P.A. are available for a fast, friendly, free consultation as a public service. Call today for more information at 1-800-856-3352 or visit our website.

The sole purpose of this release is to investigate the manner in which GPB Capital Holdings investments were approved for sale by broker-dealers to investor clients, including new product reviews, due diligence, as well as the sales practice and supervision related to these investment products and investment strategies. If you have any knowledge or experience with these matters, please contact the lawyers at Haselkorn & Thibaut, P.A. at 1-800-856-3352.

Jason Haselkorn
Haselkorn & Thibaut, P.A.
+ 1-800-856-3352
email us here

Source: EIN Presswire

Crescent Signs PNC Bank to New and Expanded Leases at The Crescent in Uptown Dallas

The Crescent is a unique 1.3 million-square-foot luxury, mixed-use development combining iconic architecture with modern amenities.

The Crescent office and retail complex is the centerpiece of the Uptown Dallas/Turtle Creek Class AA office market, set amongst quality amenities, including casual and fine dining and luxury retail.

PNC Bank, which selected The Crescent to enter Dallas market in 2017, expands office space to 55,519 square feet in the Uptown Dallas mixed-use office complex

Surrounded by desired amenities in pedestrian-friendly Uptown Dallas, The Crescent has been able to attract and retain a high percentage of customers from financial, legal, and professional services.”

— Tony Click, Vice President Leasing for Crescent

DALLAS, TX, US, November 30, 2021 / — Crescent Real Estate LLC (Crescent) extended and expanded lease space for PNC Bank at The Crescent®. PNC Bank extended terms on existing leases of 16,900 square feet while expanding space in The Crescent to a total of 55,519 square feet. PNC Bank initially leased space in The Crescent in June of 2017.

“The Crescent provided many advantages as PNC Bank’s office when we first entered the Dallas market and has helped us grow,” said Brendan McGuire, Regional President of PNC Bank. “The Crescent is a convenient location, has the necessary amenities, and attracts professional firms, especially banking and wealth management, all of which will help sustain our growth.”

PNC Bank is a member of The PNC Financial Services Group, Inc., one of the largest diversified financial services institutions in the United States. The company has provided financial expertise and services for more than 160 years.

“We strive to provide a great customer experience, and we work hard to provide the easiest way to bank and invest that helps customers achieve financial well-being,” said McGuire. PNC Bank customers have secure and convenient access to personal financial expertise, tools, and competitive products and services, according to McGuire.

Billy Gannon and Howard Watkins of Transwestern represented PNC Bank. Tony Click and Jordyn Allen of Crescent represented The Crescent.

“We welcomed PNC Bank to The Crescent in 2017, knowing they would be successful in the Dallas market. We are pleased that we can help PNC grow its footprint at The Crescent,” said Click, Vice President of Leasing for Crescent.

“Since we offer a premier asset surrounded by desired amenities in pedestrian-friendly Uptown Dallas, The Crescent has been able to attract and retain a high percentage of customers from financial, legal, and professional services,” Click said.

The Crescent’s iconic Phillip Johnson three-tower design with significant retail and inspiring outdoor green spaces provides customers a serene work environment and a connection with nature. The Crescent’s mix-use retail provides convenient, upscale amenities with casual and fine dining options, the luxury Hotel Crescent Court and Spa, and Stanley Korshak, a Dallas emporium that pampers customers with service and high-quality merchandise.

Crescent Real Estate LLC (Crescent) is a real estate operating company and investment advisor, founded by Chairman John C. Goff, with assets under management, development, and investment capacity of more than $10 billion. Through the GP Invitation Fund I and the GP Invitation Fund II, the company acquires, develops, and operates all real estate asset classes alongside institutional investors and high net worth clients. Crescent’s premier real estate portfolio consists of Class A and creative office, multifamily, hospitality, and senior living assets located throughout the U.S., including The Ritz-Carlton, Dallas, and the wellness lifestyle leader, Canyon Ranch®. For more information, visit

Dennis Winkler
Winkler Public Relations
+1 713-259-0195
email us here
Visit us on social media:

Source: EIN Presswire

Bradford Rand, President & CEO Of The Official Cyber Security Summit Talks About Cyber Security Trends & Upcoming Events

Bradford Rand, President/CEO, TECHEXPO Top Secret, Cyber Security Summit

“In The Boardroom” On

We are honored to chat with Bradford Rand, President & CEO Of The Official Cyber Security Summit about cyber security trends and exciting upcoming events in December 2021 and throughout 2022.”

— Martin Eli, Publisher

NEW YORK, NY, UNITED STATES, November 30, 2021 / —
Bradford Rand, President & CEO Of The Official Cyber Security Summit Talks About Cyber Security Trends “In The Boardroom” On . “Cyber attacks have become a regular occurrence – it seems like every week we hear of a new major cyber security breach. Bad actors are becoming more advanced and the threats they pose to companies are evolving".

The Official Cyber Security Summit Returns to In-Person Events in 2022 and Announces Launch of the Cyber Security Healthcare & Pharma Summit

After gathering some of the biggest names in Cyber Security and seeing record-breaking registration & attendance, the Official Cyber Security Summit looks forward to wrapping up its 2021 schedule strong and has exciting news for what’s in store for next year.

The final virtual Cyber Security Summit conference of the year will be Houston / San Antonio – Dec. 2nd. Thought leaders include Experts from the US Dept. of Justice, The NSA Red Team, Darktrace, IBM Security, Cybercrime Support Network, Check Point Software Technologies, Dell Technologies, and many more.

The Official Cyber Security Summit team is extremely pleased & honored to have connected tens of thousands of Senior Level Industry Executives with Industry Experts & cutting-edge solution providers across the U.S. this year, producing 40+ events including the virtual Cyber Security Summit conferences, Women in Cyber Leadership panels, Cyber Power Hour webinars, Open Banking Security event and other private events,

Bradford Rand, President & CEO of the Official Cyber Security Summit discussed why he believes these events have been so successful and why they’re even more important today. “Cyber attacks have become a regular occurrence – it seems like every week we hear of a new major cyber security breach. Bad actors are becoming more advanced and the threats they pose to companies are evolving. It’s no longer just the company’s IT infrastructure that is under attack or those who work in traditional cyber security roles who are responsible for protecting their company. A simple phishing email could cripple an entire company, so what the Cyber Security Summit does – educating and equipping executives with the essential information, best practices, and technologies they need to prevent & combat cyber attacks – is crucial in today’s age.”

With this in mind, the Official Cyber Security Summit eagerly anticipates its 2022 conference series which will be a new hybrid model, most notably featuring a transition back to Live In-Person events that are invitation-only for an intimate audience of executives, while still offering a virtual component for executives who cannot attend in person but would like to join from their home or office. By doing so, the Official Cyber Security Summit is excited to once again connect their attendees, speakers, sponsors & partners face-to-face while maintaining a virtual aspect that offers its own unique benefits. The Official 2022 Series will be posted on in the coming weeks.

In addition to its big news of returning to in person events, the Official Cyber Security Summit is proud to announce the launch of a new sub-division: the Cyber Security Healthcare & Pharma Summit! With the increased frequency and severity of attacks on critical health networks, the healthcare sector has seen the importance of strong cyber security grow exponentially in its everyday operation. That being said, the Cyber Security Healthcare & Pharma Summit is designed exclusively for Healthcare Executives responsible for their company’s cyber security who are tasked with protecting sensitive healthcare data and evaluating solutions to protect their company’s infrastructure. The Healthcare & Pharma Summit be hosted virtually for the Eastern U.S. on March 1, 2022 and for the Western U.S. on Sept. 29th. The agenda will feature renowned Subject Matter Experts discussing telehealth, medical device security, patient privacy, and various other security challenges within the industry. Innovative providers leading in this space have already signed on to demonstrate their latest solutions & services, such as Check Point Software Technologies, ExtraHop Networks, Flashpoint, and ForeScout Technologies. More details on this next-generation event are to follow.

If you’d like to request to be added to the invitee list for the Official Cyber Security Summit in 2022 or if you/your company would like to speak and/or exhibit, please contact Megan Hutton, Marketing Director, at and reference the Cyber Security Informer.

Parent company and job fair division TECHEXPO Top Secret ( will also be wrapping up its 2021 calendar of hiring events after consistently bringing together security cleared professionals and leading employers within the defense & intelligence industry each month to fill competitive and exciting career opportunities. At one of its recent hiring events, over 500 interviews were conducted in just one-day!

The final 2021 TECHEXPO professional virtual job fair will be on December 2 – Top Secret Clearance or Above Required.

If your company is looking to hire security cleared professionals and would like more information at recruiting an upcoming TECHEXPO Hiring Event, please contact

For the complete “In The Boardroom” interview with Bradford Rand, President & CEO Of The Official Cyber Security Summit, please click here:
About features thought leadership and content-marketing regarding: AI, Biometrics, Cybersecurity, FinTech, IT, IoT, Robotics, Physical Security and COVID-19 solutions.
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Inside Look: The Official Cyber Security Summit

Source: EIN Presswire


Pavilion Samui Villas & Resorts

Pavilion Samui Villas & Resorts

Image by Pavilion Samui Villas & Resorts

Infinity Pool @ Pavilion Samui Villas & Resorts

Infinity Pool @ Pavilion Samui Villas & Resorts

Enjoy The Tropical Island life and experience a new level of comfort with a luxurious retreat at Pavilion Samui Villas & Resort

THONBURI, BANGKOK , THAILAND , December 1, 2021 / — Exclusive. Sophisticated. Contemporary. Pavilion Samui Villas & Resort boasts a lush tropical gardens setting on a gorgeous beachfront off Lamai Beach. The resort is noted for its Thai decoration, its 91 luxurious accommodation units praised by those who have stayed there, the infinity pool and the 150m-long white sandy beach that appeals to guests and swimmers all-year-round. The resort is also highly rated for its facilities and services, which ensure a great holiday experience for all kinds of tourists.


With 91 luxury units in modern Thai style, including suites and pool villas that are all tastefully and appointed, Pavilion Samui Villas & Resort is a top hotel favorite on Lamai Beach. Eighty-six of these units are rooms and suites and villas with private pools, while the five other luxurious units are elegant, fully furnished, and state-of-the-art Two and Three Bedroom private Pool Residences. Room amenities are top-of-the line, especially selected for discerning guests.


Enjoy light meals and snacks at The Scenic Corner all day long. Experience a romantic Italian and Thai meal with your family and loved ones at The Patio Restaurant, with its outstanding sea views. Savor the best of Samui seafood at Plato Restaurant with authentic dishes prepared by skillful chefs. Sample Japanese specialties and favorites at Kikusui Restaurant. Unwind with a drink at the Look-Out Bar by the beachside pool. Head on to Samui Potato Beach Club for signature cocktails and Happy Hours specials. Or, visit the Coffee Way for high quality coffee drinks and food. From comfort food to fine dining — Pavilion Samui Villas & Resort have got you covered.


The hotel is ideally situated in the heart of Lamai, close to the Lamai Nightlife, just three minutes to the Sunday Walking Street; 7 minutes walk to the Night Market, and 5-10 minutes to Tesco Lotus Lamai. The beaches of Lamai are very accessible as are most of the major tourist attractions on Koh Samui.

Contact & Location: 124/24 Moo 3, Lamai, Samui, Suratthani 84310
Phone: +66 (0) 77 424 030

Mr. Putthipon Visetsin (Dee)
Pavilion Samui Villas & Resort
+66 2 644 9450
Visit us on social media:


Source: EIN Presswire

The Colombians Behind the Bitcoin Revolution in El Salvador

The Colombians Behind the Bitcoin Revolution in El Salvador

The Colombians Behind the Bitcoin Revolution in El Salvador

Scrummers, a Colombian-American Company, part of the leading team in charge of the technological development challenge brought by “the Bitcoin law,”

We are excited to see how this initiative will promote Latin America as the main producer of this disruptive technology in the world in the near future." ”

— Daniel Jiménez – CEO, Scrummers

PEMBROKE PINES, FLORIDA, UNITED STATES, November 30, 2021 / — In the last 2 months, El Salvador has undergone one of the most important digital transformations in the world, thanks to the adoption of Bitcoin (BTC) as legal tender, after the approval by the legislative assembly last June.

Since then, Chivo Wallet, the first legal tender crypto wallet in a country in the world, took on the challenge of becoming the main method of making transactions with Bitcoin. Helping people in the process of adopting the new technology.

Chivo Wallet powered by Athena Bitcoin Inc., decided to join with Scrummers, a Colombian born company with headquarters in Miami, Toronto and Bogotá that for the last 12 years has been dedicated to kickstart disruptive projects with blockchain technologies in the fintech and crypto industries, as revealed November 19th, 2021 at Labitconf, one of the most important Bitcoin and Blockchain events in Latin America.

Thanks to the collaborative work between Athena Inc. and Scrummers, Xpay (Crypto exchange platform) and Cobru (digital wallet team ) Chivo Wallet today supports more than 4 million active users on the platform, which is also integrated into a network over 200 bitcoin ATMs distributed throughout El Salvador.

"We are proud to support technologically the stabilization and evolution of Chivo Wallet. Alongside Athena Bitcoin in El Salvador, we are excited to see how this initiative will promote Latin America as the main producer of this disruptive technology in the world in the near future."
Daniel Jiménez – CEO, Scrummers.

The strategic relationship between Athena and Scrummers will allow other countries to take advantage of the experience gathered by both companies to replicate the adoption of Bitcoin and other digital currencies in sovereign countries. Furthermore, working on the development of ATHENA RURU, the new operating system that will function as a fintech ecosystem from which, developers, entities and countries from all over the world, will be able to use Athena technology for the adoption, creation and integration of products related to the Crypto and Fintech world.

Founded in 2013, Athena Bitcoin Inc. is a North American company based in Chicago, IL. It is a company dedicated to products related to Digital Currencies and Crypto assets such as Bitcoin. Its main line of business is a network of Crypto ATMs that extends from the USA through LATAM. It is currently in the United States, Colombia, Argentina and El Salvador.

At Scrummers, we facilitate the financial inclusion of banked and un-banked users to the digital world. We are a next generation technology company with more than 12 years of experience in the software industry with offices in Miami, Toronto and Bogotá. We specialize in providing top-notch Agile Teams and Staff Augmentation services for the implementation of decentralized disruptive products in the crypto, blockchain and fintech world, throughout our history we have worked for some Fortune 500 companies such as Samsung, Microsoft, Lenovo, Intel, Nokia, among others.

More information about Scrummers here.

Said Pacheco
+1 9543970799
email us here
Visit us on social media:

Source: EIN Presswire


The new Fund will be investing in digital assets powering the next generation of decentralized applications on Algorand

MIAMI, CA, USA, November 30, 2021 / — Borderless Capital, the Miami-based venture capital firm focused on the Algorand ecosystem, announced today the launch of its $500M Borderless ALGO Fund II. This new Fund will be investing in digital assets powering the next generation of decentralized applications on top of Algorand, including opportunities to disrupt the creators economy with NFTs and accelerating the growth of the capital that participates in the ALGO DeFi ecosystem through liquidity mining, lending, borrowing and yield farming.

Borderless Capital is one of the leading Algorand-focused investors, and with this Fund II the firm is doubling down its commitment to the ecosystem relative to the Borderless ALGO Fund I, launched in June 2019 that initially raised $200M.

“We started Borderless Capital back in November 2018, even before the Algorand MainNet was live. It amazes us to see how the ecosystem has expanded since then, but we believe this is just the beginning and there is a lot of room to keep growing,” said David Garcia, Founding Managing Partner at Borderless Capital.

Borderless Capital has invested in more that 100 companies in the last two and half years, run four global accelerator programs across Asia, Europe and North America, teaming up with a strategic group of local partners who has been an advocate for powering the expansion and growth of Algorand's use cases across the wider blockchain world. Some of the key companies backed by the Borderless ALGO Fund I are: Tinyman, Yieldly.Finance, Reach, AlgoMint, Runtime Verification, HummingBot, HexTrust, Opulous, Xfinite, Six Clovers, Securitize, BlockDaemon, IntoTheBlock, Flare Network, Osprey Funds, Floating Point Group, and Artory, among others.

This new Fund will add to the existing $400M that the firm manages, focusing on the Algorand ecosystem through a family of funds. Just last week alone Borderless Capital launched a $10M PLANETS fund, targeting the PlanetWatch network, an ecosystem being built on top of the Algorand blockchain. This Fund was also backed by renowned institutions and individual investors.

“Algorand is the most efficient next generation blockchain software in the market right now, and it is the next frontier for investment opportunities and disruption,” said Arul Murugan, Founding Managing Partner at Borderless Capital. “Our Borderless ALGO Fund II will continue to be at the forefront of the ecosystem and further ignite the growth by enabling the new innovation that is coming to blockchain.”

"The Borderless Capital team has been a longtime supporter of many entrepreneurs, founders, and developers who have built the foundational Algorand ecosystem we have today," said Steve Kokinos, CEO of Algorand, Inc. "As accelerated adoption of Algorand's technology continues, we are excited to see Borderless fund coming to fruition to support the next wave of DeFi on Algorand."

“The Algorand Foundation is excited to support Borderless Capital in the launch of the Borderless Fund II," said Sean Lee, CEO, Algorand Foundation. "Borderless Capital, through their Fund I, has been a key partner in enabling the phenomenal growth of the Algorand ecosystem in the last 2+ years. We're excited to see what amazing businesses and innovation that Fund II will support."

About Borderless Capital
Borderless Capital is a modern financial institution investing capital and co-building financial products that accelerate access, bootstrap adoption, and create value globally through the Algorand Borderless Economy. We do not stop with just investment. We also provide guidance and mentorship to grow our portfolio companies into successful and category leading businesses. As a thought leader in blockchain with deep expertise in the Algorand ecosystem, we advise our portfolio companies on go-to-market strategies to effectively build their network effect. In short, we leverage the synergy of our portfolio, partners network, and domain expertise to create value for everyone.
For more info:

About Algorand:
Algorand is building the technology to power the Future of Finance (FutureFi), the convergence of traditional and decentralized models into a unified system that is inclusive, frictionless, and secure. Founded by Turing Award-winning cryptographer Silvio Micali, Algorand developed a blockchain infrastructure that offers the interoperability and capacity to handle the volume of transactions needed for DeFi, financial institutions, and governments to smoothly transition into FutureFi. For more information, visit

About Algorand Foundation:
The Algorand Foundation is dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open-source software, which was initially designed by Silvio Micali and a team of leading scientists. With core beliefs in the establishment of an open, public, and permissionless blockchain, the Algorand Foundation has a vision for an inclusive ecosystem that provides an opportunity for everyone to harness the potential of an equitable and truly borderless economy. For more information, visit

Algorand Foundation
email us here
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Source: EIN Presswire


GroundWork Monitor Community Edition and GroundWork Monitor Enterprise Edition

GroundWork Monitor Community Edition and GroundWork Monitor Enterprise Edition

A new free version including commodity monitoring and connectors to advanced IT infrastructures

Using Docker has really freed us up to create new packaging for our applications”

— Thomas Stocking, VP of Product Strategy at GroundWork Open Source, Inc.

SAN FRANCISCO, CALIFORNIA, UNITED STATES, November 30, 2021 / — GroundWork Open Source, Inc., a leading provider of powerful IT infrastructure monitoring software, announces a new free Community Edition, along with new features for the Enterprise Edition.

Releasing in tandem with the latest release of its flagship monitoring software, GroundWork Monitor Enterprise (EE), the new GroundWork Monitor Community Edition (CE) is a completely free commodity monitoring system, compatible with advanced monitoring modules.

“Using Docker has really freed us up to create new packaging for our applications” said Thomas Stocking, VP of Product Strategy at GroundWork Open Source, Inc. “This release represents a solid monitoring package for any size company, at a price point no one can object to”.

The subscription product GroundWork Monitor Enterprise also gets new features for monitoring Microsoft 365 and Kubernetes clusters, a significant expansion of its capabilities.


In releasing “CE”, GroundWork has moved back to its roots as a company, making a free, unlimited version available under a license that allows the user to keep it as long as they need to, and monitor as much as they want. Paired with a commercially licensed subscription “EE” version for those organizations relying on fully supported software with enterprise features, GroundWork is meeting the needs of the many as well as the few.

One of the most innovative aspects of the new CE version of GroundWork Monitor is that it supports the Transit Connection Generator (TCG). An open source framework for the collection and transport of monitoring data, TCG is compatible with both the Community and Enterprise Editions of GroundWork Monitor.


GroundWork offers support options for both editions, along with training and certification, deployment services and access to an international partner network.

GroundWork Open Source, Inc. is a leading provider of professionally supported Enterprise Open Source Software (EOSS) for customers in financial, government, and commercial IT.


All GroundWork and GWOS trademarks are the property of GroundWork Open Source, Inc.
© 2021 GroundWork Open Source Inc. All rights reserved.

Thomas Stocking
GroundWork Open Source Inc.
+1 415-992-4510
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Source: EIN Presswire

Xcentric Mold and Engineering Adds New Offerings to Expand Capabilities

Xcentric does all production domestically in Michigan.

The technical expertise of Xcentric Mold, an injection molding leader.

John Sidorowicz, VP of Sales Operations

The on-demand manufacturer tailors services to better support engineers and designers

In 2021 alone, we’ve tripled our technical and customer support teams, increased capacity over 40%, and consistently provided our highest rates of on-time delivery in the company’s 25-year history.”

— John Sidorowicz, Vice President of Sales Operations

CLINTON TOWNSHIP, MI, USA, November 30, 2021 / — Digital manufacturing and rapid prototyping leader, Xcentric Mold and Engineering, has launched new service offerings expanding capabilities for its global customer base.

“We recognize that product design and development continue to evolve. We expanded our offerings and capabilities to not only meet this change but help advance it by supporting engineers and designers with tailored solutions supporting their design efforts while expediting their time to market,” said Xcentric’s CEO Matt McIntosh.

The expanded on-demand manufacturing and rapid prototyping capabilities provide engineers and product designers with deeper options throughout the entire development process. The updated offerings were deliberately defined to provide benefits at each stage in the development process. From initial iteration to ramping up for production, each offering is designed to increase quality, lower costs, and accelerate time to market while allowing design flexibility.

“At Xcentric, our goal is providing our product design and engineering partners support through the development process while allowing design freedom to build the best product,” said John Sidorowicz, Vice President of Sales Operations. “The expanded capabilities continue our focus on providing the best customer experience.”

“In 2021 alone, we’ve tripled our technical and customer support teams, increased capacity over 40%, and consistently provided our highest rates of on-time delivery in the company’s 25-year history,” continued Sidorowicz.

Xcentric’s expanded offerings are now live for all global customers at

About Xcentric Mold & Engineering
For over 25 years, Xcentric has been a leading provider of rapid prototyping and on-demand manufacturing services including injection molding, CNC machining, and 3D printing. Xcentric is located entirely in the USA producing domestically with two Michigan-based facilities. Xcentric serves designers and engineers across all industries from medical devices and aerospace to automotive and consumer electronics.

Media contact: Ben Thompson –

Benjamin Thompson
Xcentric Mold and Engineering
email us here
Visit us on social media:

Xcentric Mold and Engineering – Leader in Injection Molding, Rapid Prototyping, and On-Demand Manufacturing

Source: EIN Presswire