Eze Software Kicks Off 2017 With Best Tech, Fund Accounting Awards

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BOSTON, Feb. 21, 2017 (GLOBE NEWSWIRE) — Eze Software Group, a global leading provider of investment technology, has been named “Best Overall Technology Firm” and “Best Fund Accounting Software” provider in HFM Technology’s 2017 U.S. Technology Awards. The award was announced at a ceremony on Feb. 13, 2017 in New York.
The awards recognize IT and software providers that serve the hedge fund sector and have demonstrated innovative development and excellent client service in the last 12 months. Winners are selected by a panel of editors and independent industry judges.“We are honored to be recognized for Eze Software’s innovation and dedicated service to the hedge fund community,” said Jeffrey Shoreman, President & CEO. “The award underscores our commitment to delivering best-of-breed solutions and support to help funds optimize their workflows and streamline the investment process, helping them generate investment alpha while adding operational alpha to their bottom line.”In 2016, Eze Software Group has focused on delivering a seamless investment management experience to the buy-side in one cohesive, integrated platform, Eze Investment Suite. Among the innovations, Eze delivered the first complete EMS/OMS integration, and deepened its integration between order management, portfolio accounting and investor accounting functions. Eze Investment Suite offers portfolio-level transparency and shareholder accounting granularity in a streamlined, automated process, providing automation for complex allocation scenarios, robust financial reporting, coverage for multiple asset classes and markets, including private equity, as well as administrator shadowing capabilities.Eze Software Group saw steady growth in 2016, adding 243 new clients across all major market regions. The number of clients extending their use of Eze Investment Suite across multiple applications grew by 75%. The firm invested more than USD60 million into research and development, expanding capacity by more than 40% over the last two years. Overall, more than 200 significant enhancements were made across the product suite.About Eze SoftwareEze Software is a global leading provider of investment management software solutions designed to optimize operational and investment alpha throughout the entire investment process. Eze Software provides the platform for growth for the entire investment management community, maximizing efficiencies across order management, trade execution & analytics, portfolio analytics & modeling, compliance & regulatory reporting, commission management, and portfolio & investor accounting. For more than 20 years Boston-based Eze Software has been driving innovation in financial technology. Today, Eze Software partners with more than 2,000 buy- and sell-side institutions in 45 countries from their 15 offices worldwide. For more information, visit www.ezesoft.com.Contact:
Veronica Belitski
Eze Software Group
+1 212.506.7523
vbelitski@ezesoft.com

Total voting rights

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Intermediate Capital Group plc (the “Company”)

21st February 2017

Total Voting Rights

Intermediate Capital Group plc (the “Company”) has today allotted 5,186 Ordinary  Shares  of  26 1/4 pence  each  in  the  Company which are admitted to the Official  List of the  UK Listing Authority  and to trading  on the London Stock Exchange  under the block listing application which became effective on 21st  February 2017. This allotment is in connection with the exercise of options by employees of the Company under The Intermediate Capital Group PLC  Save As You Earn Plan 2004 (as amended and updated 2014).

The shares will be issued fully paid and will rank pari passu in all other respects with the existing issued Ordinary Shares of the Company.

In addition, the Company wishes to notify the market (as per DTR 5.6.1R) that, as a result of the above allotment of shares, the issued share capital of the Company consists of 290,159,500 Ordinary Shares (this excludes 3,733,333 shares held as treasury shares).  Each Ordinary Share carries the right to one vote in relation to all circumstances at general meetings of the Company. 

Therefore the above figure of 290,159,500 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure and Transparency Rules.

Contacts:

Andy Lewis

Company Secretary, ICG plc

+44 (0) 20 3201 7754

Ian Stanlake

Investor Relations, ICG plc

+44 (0) 20 3201 7880


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Intermediate Capital Group plc via Globenewswire


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Total voting rights – RNS

Car Accident Lawsuit Trial as Explained by the Crowson Law Group

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This press release discusses what a trial is and looks at what is entailed in a car accident lawsuit as commented on by an attorney and spokesman from Crowson Law Group

Most car accident claims are settled successfully without a lawsuit ever being filed. However, if attempts at resolution fail, a trial may provide the only possible resolution to your car accident claim. To gain more insight into car accident trials, comments were given by an attorney and spokesman from the Crowson Law Group.

​The spokesman stated, “a trial as part of civil proceedings is the result of court based proceedings in a personal injury lawsuit. Parties to a dispute present evidence to a court that has the authority to hear the claim and to enter the final judgement.  With respect to a car accident in Anchorage, a trial can be tried by a judge, which is called a bench trial, or by a jury, which is called a jury trial.”

​What evidence is to be presented at a trial? To this, the spokesperson responded that, “both sides have the opportunity to present evidence. The plaintiff has the burden of proof which means that the plaintiff must prove his or her case. The plaintiff will thus need to convince the jury or judge that the defendant was negligent and that this negligence was the cause of the accident and the plaintiff’s injuries. In order to establish that the defendant caused the accident, the plaintiff may present evidence in the form of testimony. This can be from the plaintiff him/herself, witnesses to the accident or anyone else. Also, the evidence relating to the plaintiff’s injuries can be from medical treatment and damages. This evidence is presented from medical records and bills and testimony of medical experts.”

​The spokesman added that the most important witness was the plaintiff as he or she will testify as to the cause of the accident, the injuries sustained and any pain and suffering they endure. Thereafter, the defendant will have an opportunity to cross examine the plaintiff and his or her witnesses. 

​After the plaintiff has presented his or her case, the defendant has the opportunity to present his or her side. The defendant may try to establish the existence of any relevant defenses, like stating that the plaintiff was also at fault in causing the accident. The defendant may also present his own expert witnesses to show that the plaintiff’s injuries are not as severe as the plaintiff claims or were not sustained or caused by the accident.  

A trial as part of civil proceedings is the result of court based proceedings in a personal injury lawsuit. Parties to a dispute present evidence to a court that has the authority to hear the claim and to enter the final judgement. With respect to a car accident in Anchorage, a trial can be tried by a judge, which is called a bench trial, or by a jury, which is called a jury trial.

Crowson Law Group

​After both sides have finished presenting their cases, each has to give closing arguments.  The closing arguments give each side the opportunity to address the jury directly and to sum up the evidence presented and to make a request for judgment in their favor. The plaintiff and/or defendant may be represented by an Anchorage attorney with the experience of handling car accident trials in Alaska. 

Thereafter, in jury trials, the jury deliberates and reaches a verdict which is presented to the judge. In bench trials, the judge weighs the evidence and the cases presented and makes a verdict. 

About the company:

The Crowson Law Group is a law firm of renowned attorneys who deal with personal injury and car accidents in anchorage, today . Contact them for more information on your personal injury claim.

Source: Crowson Law Group

TENTEN Wilshire: Find Your Happy Place

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Weekday evenings from 6:30 to 9:30 pm, TENTEN Wilshire’s  award-winning rooftop bar and pool area is the place for TENTEN tenants to relax and be happy. Monday through Friday, gather with friends to enjoy panoramic views of downtown LA, Hollywood, and, on a clear day, all the way to the ocean.

Happy hour at TENTEN is all about tenants getting together to meet, mingle, and bond with their neighbors. Each tenant is allowed a limited amount of up to four guests. Please note, all guests must be accompanied by a tenant in order to be served. There is a four-drink maximum. No minimum. And ID is required.  

About TENTEN Wilshire—a lifestyle venue for today’s professional

TENTEN Wilshire is the perfect place to live, work, and play. The popular, downtown Los Angeles mixed-use building offers stylish, fully furnished apartments with utilities included—from executive suites to studio apartments, as well as upscale, fully furnished office space. TENTEN Wilshire also caters to your social life. Mingle with neighbors at the complimentary happy hour, hosted every weeknight, Monday through Friday. Let go of workday stress as you hang out with friends around the cozy fire-pits. Enjoy regularly scheduled rooftop parties. Or simply stroll to a nearby restaurant or theater for fine food and entertainment. TENTEN Wilshire truly feels like its own special village within the city.

Office and apartment residents of TENTEN Wilshire enjoy the benefits of amenities like our private gym with health spa services, rooftop pool, Jacuzzi, lounge, and BBQ areas surrounded by terrific views. All utilities, premium cable, high-speed Internet, and local phone are included. Flexible leasing options are available. And, since each of our fully furnished residences features a private outdoor patio, your downtown Los Angeles apartment is ideal for entertaining guests or for putting your feet up to relax.

Neha R. Shah
Events & Production Manager
neha@amidigroup.com
Direct: 213-785-5606
www.1010wilshire.com
http://www.1010wilshire.com/fb/

Source: TENTEN Wilshire

The Great Lakes Water Utility Energy Challenge’s Entry Deadline is February 18

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Water utilities from across the US and Canada are gearing up for Water Utility Energy Challenge. Don’t miss your opportunity to compete!

​The Water Utility Energy and Efficiency Challenge (WUEC) is an innovative program that engages water operators in a competition to reduce the emissions sourced in their energy generation. Funded by the Great Lakes Protection Fund (GLPF), the competition aims to connect utilities with new innovative software while fostering an awareness of the associated emissions, particularly mercury.

“Our team is excited to have such a wide breadth of locations and utilities competing,” said Dr. Carol Miller, the technical lead for the competition and the Chair of the Department of Civil and Environmental Engineering at Wayne State University. “The competition has registrations from Illinois, Michigan, Minnesota, Ohio, New York and Wisconsin, as well as the province of Ontario.”

The technology is open source for utilities across the United States, but the inaugural challenge and prize dollars will be focused on the Great Lakes Basin. There is no cost to enter, and competing utilities will receive software and tools to assist in monitoring and reporting emissions as well as hands-on technical assistance. The competition will run through 2018 with $30,000 in prizes presented next spring.

“AWWA is eager to collaborate with the Great Lakes Protection Fund on this forward-looking work. With its cutting edge technology and training component, the partnership will help water utilities optimize their energy consumption, use cleaner energy sources and, importantly, help keep the Great Lakes clean,” said David LaFrance, AWWA Chief Executive Officer.

More information on the challenge can be found by visiting AWWA’s WUEC webpage.

WUEC Milestones & Key Dates

    February 28, 2017 – Applications Close (Visit AWWA’s eligibility & rules webpage)

    March 2017 – Finalists Announced

    April 2018 – Winners Announced

About the Water Utility Energy Challenge

The Water Utility Energy Challenge (WUEC) is a technology competition focused on water utilities in the Great Lakes Basin.  Offering two top cash prizes of $20,000 and $10,000, the Water Utility Energy Challenge is supported by the Great Lakes Protection Fund.  It is a collaborative effort of the American Water Works Association, CDM Smith, E2i, Great Lakes and St. Lawrence Cities Initiative, Growth Capital Network, and Wayne State University.  For more information, visit www.AWWA.org/competition

Follow WUEC on Twitter                          Like WUEC on Facebook

About the Great Lakes Protection Fund

The Great Lakes Protection Fund (GLPF) is a private, nonprofit corporation formed in 1989 by the governors of the Great Lakes states. It is a permanent environmental endowment that supports collaborative actions to improve the health of the Great Lakes ecosystem. To date, the Fund has made 265 grants and program-related investments representing over $75 million to support the creative work of collaborative teams that test new ideas, take risks, and share what they learn. www.glpf.org

About the American Water Works Association

Established in 1881, the American Water Works Association is the largest nonprofit, scientific and educational association dedicated to managing and treating water, the world’s most important resource. With approximately 50,000 members, AWWA provides solutions to improve public health, protect the environment, strengthen the economy and enhance our quality of life. www.awwa.org

Source: Great Lakes Protection Fund

Dale Wainwright, Former Texas Supreme Court Justice, Joins Greenberg Traurig to Chair the Texas Appellate Group

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AUSTIN, Texas, Feb. 21, 2017 /PRNewswire/ — Former Texas State Supreme Court Justice Dale Wainwright has joined global law firm Greenberg Traurig, LLP as chair of its Texas Appellate Group. He joins as a shareholder, moving from the Bracewell LLP Austin office where he was the managing partner.

“We are honored that Dale Wainwright has chosen Greenberg Traurig as the next step in his long and successful career. It is extremely telling when someone of his caliber makes a decision to join a firm,” said Richard A. Rosenbaum, Executive Chairman of Greenberg Traurig. “This means that our strategic development of key practices, with a focus on quality and the needs of clients in an innovative but disruptive marketplace, is achieving what we have set out to achieve on a number of levels and is attracting top-tier practitioners.”

At Greenberg Traurig, Wainwright will represent clients in complex disputes in state and federal trial and appellate courts. He will handle briefing and oral arguments, structure appeals and mandamus proceedings for success, and counsel clients on litigation strategy, error preservation at trial, jury charge preparation, post-verdict proceedings, and analysis of the trial record for appellate potential.

Texas is and always will be an important market for Greenberg Traurig and having Dale Wainwright join the firm strongly demonstrates this important fact,” said Demetrius G. McDaniel, who is based in the firm’s Austin office, is Chair of the Texas Government Law & Policy Practice, and is a member of the firm’s Executive Committee. “Dale is an outstanding lawyer and a phenomenal legal strategist. His understanding of business, law, and the judiciary will well serve clients of the firm.”

Wainwright made history when he was elected to the Supreme Court of Texas in 2002, and was the first African American in Texas history to reach the Texas Supreme Court by election, winning contested primary, primary runoff and general elections. He was on the statewide ballot four more times and was successful each time. Upon his return to private practice in 2012, he was, at that time, the third-longest-serving member of the Court. During his ten years of service on the Texas Supreme Court, he authored more than 125 opinions. He began his judicial career in 1999 when he was appointed by Governor George W. Bush to preside over the 334th Civil Judicial District Court in Houston, Texas. As judge of the 334th District Court, he resolved over 3,000 cases and presided over more than 100 trials.

“As someone who had the privilege of appearing before Justice Wainwright several times over a period of 20-plus years, I am delighted for us and for our clients that he has chosen Greenberg Traurig,” said Mary-Olga Lovett, Co-Regional Operating Shareholder of Greenberg Traurig’s Texas offices, Co-Managing Shareholder of the Houston Office, and a member of the firm’s Executive Committee. “Texas is a unique place and Dale was not only a tremendous jurist, he warrants the highest compliment one can give an appellate specialist:  he is a true ‘lawyer’s lawyer.’ We are excited to help him build what we know will be Texas’s premier appellate practice.” Approximately 40 attorneys have joined Greenberg Traurig’s Texas offices since June 2015.

“Joining Greenberg Traurig is a great fit for me, my experience, and my clients,” Wainwright said. “The firm’s global platform and its commitment to Texas are critical factors in meeting the needs of my clients.”

Regarding his Texas practice, in the last eight months, Wainwright has had three published opinions noting successful outcomes in appellate courts. A small sampling of his work on behalf of clients includes the representation of: an investor-owned hospital at the Texas Supreme Court; a municipality in obtaining dissolution of a trial court injunction; a large, private utility company to recover costs of relocation of equipment necessitated by public works projects; a large energy corporation in dispute over an executive compensation agreement on appeal; and an insurance entity against thousands of plaintiffs in which the trial court disqualified the client’s managing trial counsel. 

Recognizing his expertise and experience, the Chamber of Commerce of the United States invited Wainwright to join the board of directors of its legal arm, the Litigation Center. Wainwright now serves on the board of directors of the U.S. Chamber Litigation Center, which directs the litigation and amicus involvement of the U.S. Chamber of Commerce in cases across the country on behalf of its 300,000 members. In the community, Wainwright has also been a dynamic leader with important accomplishments. By appointment of Governor Greg Abbott in 2015, Wainwright is Chairman of the Texas Board of Criminal Justice. Wainwright and his board oversee the Texas Department of Criminal Justice and manage an annual budget of $3.4 billion and the Department’s 38,000 employees and the 147,000 offenders in 108 state prison units. Reaching out to help the next generation, Wainwright was a founder of the Aspiring Youth Program, a non-profit foundation that helps at-risk kids to improve their educational achievement, stay in school and make good decisions. In addition, Wainwright was the recipient of the National Black Prosecutors Association’s Trail Blazer Award in 2006, and the Legal Excellence Award from the NAACP in 2000. He was recognized in Legal 500 with clients noting that he “does outstanding work”, and is among the top 1% of Texas attorneys selected by his peers to be a Texas Super Lawyer.  

Wainwright was valedictorian of his high school class, and was the first African American to achieve that honor.  He earned his law degree from the University of Chicago Law School in 1988 and his bachelor’s degree in economics (summa cum laude) from Howard University in 1983. He also studied economics as the Lucy Dalbiac Luard Scholar at the London School of Economics in the United Kingdom. 

About Greenberg Traurig, LLP
Greenberg Traurig, LLP (GTLaw) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia, and the Middle East and is celebrating its 50th anniversary. One firm worldwide, GTLaw has been recognized for its philanthropic giving, was named the second largest firm in the US by Law360 in 2016, and among the Top 20 on the 2016 Am Law Global 100. Web: www.gtlaw.com Twitter: @GT_Law.

CONTACT: Lourdes Brezo-Martinez, 1-212-8012131, martinezl@gtlaw.com

SOURCE Greenberg Traurig

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating EnteroMedics Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors

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NEW YORK, Feb. 21, 2017 /PRNewswire/ — Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of EnteroMedics Inc. (NASDAQ: ETRM).

If you are a shareholder of EnteroMedics and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: http://pjlfirm.com/enteromedics-inc/

You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000.  One of our attorneys will personally speak with you about the case at no cost or obligation.

Purcell Julie & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com.   Attorney advertising. Prior results do not guarantee a similar outcome. 

 

SOURCE Purcell Julie & Lefkowitz LLP

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Global Eagle Entertainment, Inc. – ENT

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NEW YORK, Feb. 21, 2017 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Global Eagle Entertainment, Inc. (“Global Eagle” or the “Company”) (NASDAQ:  ENT).   Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Global Eagle and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here to join a class action]

On February 21, 2017, pre-market, Global Eagle announced that the Company’s Chief Executive officer Dave Davis and Chief Financial Officer (“CFO”) Tom Severson had resigned from their positions with the Company.  Concurrently, Global Eagle announced that it expects to file its Annual Report for fiscal year 2016 after the March 16, 2017 U.S. Securities and Exchange Commission deadline, citing the Company’s “increased size and complexity” after its acquisition of Emerging Markets Communications, as well as “its need to transition the finance department after the prior CFO’s departure and its need to complete additional financial-closing procedures associated with the Company’s material weaknesses in internal control over its financial reporting.” 

On this news, Global Eagle’s share price has fallen as much as $1.78, or 28.62%, during intraday trading on February 21, 2017.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com

SOURCE Pomerantz LLP

LendIt Announces 2017 PitchIt Finalists

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NEW YORK, Feb. 21, 2017 /PRNewswire/ — LendIt, the world’s largest show in lending and fintech, today announced eight finalists for its fifth PitchIt @ LendIt competition. In partnership for the first time with 500 Startups, the world’s leader in investing and mentoring, and sponsored by Marqeta, PitchIt is a leading global competition for fintech startups to earn mentorship, endorsement and exposure to institutions, investors and broad visibility.

This year’s finalists were chosen from nearly 300 high caliber applicants covering all areas of fintech including insurtech, blockchain, payments, online lending, credit and artificial intelligence.

The eight 2017 PitchIt finalists are:

“LendIt and 500 Startups were overwhelmed with a record-breaking amount of PitchIt applications this year,” said Jason Jones, Co-Founder of LendIt. “We are excited to watch the finalists present on our keynote stage in front of hundreds of C-level executives and esteemed judges from some of the most prestigious venture capital firms.”

The finalists will pitch their concepts at LendIt USA 2017 on March 7 to a panel of judges from the venture capital community including: David Teten, ff Venture Capital; Kareem Zaki, Thrive Capital; Ben Malka, F-Prime; and Joel Monegro, Union Square Ventures.

The finalists selected for PitchIt @ LendIt are given the opportunity to work closely with mentors to prepare for the competition and provide ongoing support after. The mentors are made up of individuals from the companies and accelerators, Plug & Play Ventures, Startupbootcamp FinTech New York, Santander InnoVentures, Fluidfi, Opus Bank, TigerRisk Partners, Fika.vc, Nyca Partners, Fenway Summer Ventures, Marqeta, and previous PitchIt winner IndiaLends.

About LendIt

LendIt is the world’s largest show in lending and fintech. Our conferences bring together the leading lending platforms, investors, and service providers in our industry for unparalleled educational, networking, and business development opportunities.

LendIt hosts three conferences annually: our flagship conference LendIt USA as well as LendIt Europe in London and LangDi Fintech in China. LendIt USA 2017 will be held in New York from March 6 – 7. Learn more at www.lendit.com.

About 500 Startups

500 Startups is a global venture capital seed fund and startup accelerator based in Silicon Valley with over $270M in assets under management and more than 1500 investments globally. With over 150 fintech investments in more than 20 countries, including CreditKarma, RealtyShares, Simple (acquired by BBVA), and Stripe, CB Insights recognized 500 Startups as the world’s most active early-stage fintech investor.

Announced in January 2016, 500 FinTech, our $50M fintech/insurtech seed fund, accelerator, and corporate partner program scales up 500 Startups’ commitment to fostering the digital transformation of the Financial Services industry and the growth of “Financial Services for the Rest of Us.”

Media Contact:
Melissa Barto
JCUTLER media group
melissa@jcmg.com

 

SOURCE LendIt

Upstream Partners with Bitdefender to Offer Consumers in Emerging Markets State-of-the-Art Mobile Protection

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LONDON–(BUSINESS WIRE)–Upstream, the leading mobile commerce platform in high growth markets, today announces the launch of Truesafe and KidzProtect, in partnership with award winning global security provider, Bitdefender. These two powerful mobile utility products are now available to Mobile Network Operators, to further enrich the services they offer their customers.

Consumers in high growth markets are increasingly becoming connected through the rise of mobile devices and, as a result, are increasingly vulnerable to viruses and threats to their devices and personal data. Truesafe and KidzProtect are best in class, user-friendly and affordable mobile security solutions, covering all the features users need to protect their devices and data. Payments for these two security offerings are easy and affordable, as consumers can opt for daily or weekly micropayments via mobile operator billing, without the need for a credit card.

Truesafe is available through emerging market mobile operators, helping customers benefit from its full premium antivirus and privacy protection capabilities, gaining access to a broad range of premium features, such as:

  • Malware scanner – Always up-to-date with automatic scans of apps for malware, with a proven 100 percent detection rate of malicious content, keeping users’ web browsing safe
  • Anti-theft protection – Helps users lock, track and geo-locate their device and remotely delete all their personal data
  • Snap photo – Provides an active defence against device theft, by taking a picture of anyone who tries to tamper with a device in the owner’s absence.

Equally important to mobile security, is recognising children’s increasing online presence over mobile. This is why Upstream is also launching KidzProtect, to help address key online security concerns for parents, including keeping their children’s personal information safe, understanding and controlling how their children communicate online, keeping them safe from identity theft and away from potential online predators.

Benefits include:

  • Location tracking – Confirms a child’s location on a real-time map, sending alerts if they leave a predetermined safe area
  • Apps, web and social media control – Manages the applications, web content and social network activities accessed by children, including their usage patterns
  • Call and SMS control – Blocks suspicious contacts on mobile devices, controlling all incoming and outgoing SMS and calls.

George Kalyvas, Head of Propositions at Upstream, comments: “We are excited to bring this product offering to Mobile Network Operators, who will now be able to not only increase the value they offer their customers, but also better differentiate from competitors – helping with customer acquisition, and churn reduction. For customers, paying for these high-value offerings could not be easier, as they are affordable, and do not require a credit card. Instead, payments can be made directly via mobile operator billing.”

Ciprian Istrate, Vice President Consumer Solutions at Bitdefender, comments: “We are delighted with the Upstream collaboration, which enables us to bring to market an incredibly powerful range of mobile security services to an entire new audience. Our offerings will protect not only their online activity, but also the devices they depend on for going online. Truesafe and KidzProtect are tailored to the needs of consumers in high growth markets, adding to the portfolio of relevant services that mobile operators can offer to their customers, creating more opportunities to enhance customer loyalty and retention.”

ENDS

About Upstream

Upstream is accelerating mobile commerce in high growth markets. Our software and infrastructure platform already enables 1.2 billion people to effortlessly receive and pay for the most relevant and affordable digital subscription services on their mobile devices. We have 80 million paying subscribers in 45+ countries, making purchases worth $237 million in 2016 alone and growing rapidly.

For mobile operators, we are a strong partner that leverages their unique assets to become key players in the mobile commerce space. For developers, publishers and service providers, we offer fast track access to 45+ high growth markets.

For more information, please visit www.upstreamsystems.com

About Bitdefender

Bitdefender is a global security technology company that provides cutting edge end-to-end cyber security solutions and advanced threat protection to more than 500 million users in more than 150 countries. Since 2001, Bitdefender has consistently produced award-winning business and consumer security technology, and is a provider of choice in both hybrid infrastructure security and endpoint protection.

Through R&D, alliances and partnerships, Bitdefender is trusted to be ahead and deliver robust security you can rely on.

More information is available at www.bitdefender.com