News Hub | News Direct

All Industries


Article thumbnail News Release

Bridging the Technical Gap: Ben Allen's Mission to Demystify Cybersecurity and Finance

Prodigy Press Wire

Engineers, scientists, and specialists in various technical fields often communicate using terminology specific to their domain. When conveying complex concepts to stakeholders, there exists the challenge of translating them into accessible language without losing the essence of the information. This barrier often leads to a disconnect between experts and the wider audience. For instance, cybersecurity experts might find it challenging to explain the intricacies of encryption, malware, or vulnerability assessments to non-technical individuals. Consequently, people may struggle to understand the importance of online security measures. This gap might leave them vulnerable to cyber threats. Similarly, in finance, individuals with little to no background in economics or financial systems might feel alienated by technical jargon. This can hinder them from making informed decisions, leading to potential financial pitfalls. Ben Allen, a seasoned professional, recognizes that technical experts and communicators must make a joint effort to find a balance between accuracy and simplicity to address this issue of disconnect. For more than a decade, Ben has navigated the digital and financial landscapes as a cybersecurity and financial compliance expert. From building networks and infrastructure to investigating countless cases and filing suspicious activity reports while working in the banking sector, his vast experience positions him as an industry expert. His admission into the Forbes Technology Council further highlights his expertise and impact in the tech and cybersecurity space. Ben's hands-on involvement sets him apart, as he offers a comprehensive understanding of the real-world impact of cyber threats on businesses. The highly acclaimed book he co-wrote with Scott H. Belshaw, a seasoned professional in academia, titled Cyber Security Essentials: Understanding Risk and Controls, is a testament to this. Ben shared, "During the pandemic, I saw a rise in fraud, and companies were investing in securing remote work infrastructure. So, I decided to put my knowledge down concerning risks and controls." Essentially, this project was the product of the thought leader's motivation to seize the opportunity to offer innovative solutions. It is worth noting that Ben is also known for his technical writing skills as a ghostwriter, which gives him a unique perspective in communicating complex topics. This enabled him to develop a keen eye for distinguishing gaps between experts and stakeholders. Ben's passion for teaching and sharing knowledge drives him to partner and collaborate with other professionals in the cybersecurity and finance sectors. With his extensive experience and insight, Ben aims to assist professionals in the field by putting their thoughts into words that resonate with a broader audience. In addition, he made it his mission to empower specialists with the skills and knowledge they need to establish themselves as thought leaders. Interacting with busy executives for most of his career, Ben has experienced the impact of thought leadership firsthand. He recognizes the challenges they face in articulating their experiences in their respective fields to the general public. Ben steps in to assist these high-profile individuals in amplifying their voices and sharing their expertise, all while bridging the gap between technical complexities and lay understanding. Ben acknowledges the importance of positioning himself with authenticity to fulfill his objectives. Therefore, storytelling became an integral aspect of his approach. He shared, "I want to tell the story of my experience—understanding financial crimes from the bank, helping people not lose money through good cybersecurity practices. I aim to be an advisor who shares practical insights into complex issues." With this, Ben stands out with his ability to draw on his dual expertise in financial crimes and his current role in cybersecurity. Ben Allen is set to further contribute to addressing the technical gap with his two upcoming books. One delves into the world of artificial intelligence, providing insights and challenging misconceptions. Meanwhile, the other explores merging financial expertise with cybersecurity's best practices. Ultimately, staying ahead of these constantly changing fields illustrates his dedication to empowering individuals and companies. Media Contact Name: Celina Akitoye Email: Celina@allenforensics.com Release ID: 877301

January 18, 2024 03:30 PM Eastern Standard Time

Article thumbnail News Release

Introducing .box – The World’s First Blockchain Native, DNS Routable Domain

.box

.box is bridging Web3 and Web2 Breaking new ground in the domain name industry, My.box Inc. announces the upcoming launch of its Public Beta on January 18th, 2024 at 12:00 PM ET. This kicks off public availability of the first ever domain name system supported natively by browsers, email, and wallets. The future of digital identity.box domains offer secure and seamless identity on Web3 and Web2. The holder of ‘example.box’ is empowered with decentralized ownership and access to DNS record management, ENS integration, payments, Web3 authentication, Web3 messaging, websites, and email. Founder of.box, Josh Brandley states, “There are many great things happening at the intersection of Web3, decentralized identity, and domain names – we are the first to tie it all together with a powerful, easy to use product”..box solves the major problem with blockchain domains.box sets a new standard in the world of blockchain-based top-level domains. While other new blockchain domain systems generate excitement, they ultimately fall short because they do not work with traditional browsers and email services. In contrast,.box is ICANN-accredited, recognized by the global Domain Name System (DNS), and supported by the Ethereum Name Service (ENS). Both DNS and ENS have established substantial network effects, solidifying their positions as core infrastructure..box is pioneering an approach that natively integrates the features of both systems, thus delivering a better experience for users. The team behind.box The.box TLD is owned and operated by Intercap Registry, an ICANN Accredited Registry Operator. Intercap has dedicated over a decade to the development of.box. Core partners include 3DNS and ENS Labs, whose leaders share the vision of bringing the benefits of Web3 to the domain industry. Nick Johnson, Founder of ENS, states: “We have always had a deep respect for the DNS and are very excited to witness this unique.box implementation that supports seamless interoperability between the two systems”. Paul Gauvreau, CEO of 3DNS adds, “Bringing real world domain assets onchain improves almost every use case there is – we anticipate that this product will be widely adopted by Web3 enthusiasts and newcomers alike.” Launch pricing During launch,.box domains will run through a premium pricing phase, ensuring fair access for everyone. Prices start at $7,680 USDC and then decay exponentially for 6 days until stopping at a fixed rate of $120 USDC. All domains will renew at $120 USDC per year. Domains are minted and managed using the dApp hosted at my.box. Payment is made with ETH or USDC. Join the.box community Secure your.box domain now at https://my.box Follow.box at https://x.com/boxdomains Join the.box Discord server to: Learn how to buy a.box and take control of your decentralized identity. Qualify for your referral link to earn $18 for each successful referral. Receive support, updates, and connect with the team. For More Information: Visit our website at www.my.box or contact Omar Hamed, omar@intercap.com Contact Details My.box Omar contact@omar.box

January 18, 2024 01:49 PM Eastern Standard Time

Image
Article thumbnail News Release

Trust & Will Announces Strategic Investment from Erie Strategic Ventures

Trust & Will

Trust & Will, the leading digital estate planning and settlement platform, is proud to announce a strategic investment from Erie Strategic Ventures, the venture capital arm of Erie Insurance (ERIE) in partnership with Touchdown Ventures. This financing builds on previous investments, with more than $50 million raised since Trust & Will’s founding in 2017. The new capital will further integrate Trust & Will's award-winning platform with leading financial institutions and insurance providers. “We are honored to partner with Erie Strategic Ventures and Touchdown Ventures to help more families leave a legacy,” said Cody Barbo, founder and CEO of Trust & Will. “With this strategic investment and ERIE’s reputation as a leading auto, home, business and life insurance company, we can bring our innovative digital solutions to people who may otherwise think they can’t afford or don’t need an estate plan.” Nearly 60% of American adults do not have an estate plan. Trust & Will provides an easy and secure way to create estate plans and settle estates online, with the ability to customize legal documents that adhere to individual state and county guidelines. The fintech company recently achieved B Corporation certification, becoming the first in their industry to do so. “Trust & Will has made it easy and affordable for anyone to proactively get their estate in order and we’re pleased to partner with this leader in online estate planning and settlement,” said Keith Kennedy, senior vice president for Next Level Innovation at Erie Insurance. “Similar to the flexible and affordable life insurance that we offer through Erie Family Life, estate planning is an essential part of protecting your family and helping loved ones when they'll need it most.” About Trust & Will Trust & Will is simplifying estate planning and settlement with attorney-approved, legally valid documents and processes designed to adhere to individual state guidelines. Since 2017, we’ve helped hundreds of thousands of Trust & Will members leave their legacy with an affordable way to create an estate plan or settle the estate of a loved one. Our platform uses bank-level encryption that protects customer data and complies with the highest security standards, including SOC 2 and HIPAA. Trust & Will is a certified B Corporation and is the official estate planning benefit provider for AARP members, along with several leading financial institutions, who all believe in our mission of helping every family leave their legacy. About Erie Strategic Ventures Erie Strategic Ventures is the venture capital arm of Erie Insurance (ERIE), a Fortune 500 auto, home, business and life insurance company that generated $8.6 billion in direct written premiums in 2022. Founded in 1925, ERIE is the nation’s 12th largest homeowners insurer, 12th largest automobile insurer and 13th largest commercial lines insurer based on direct premiums written. ERIE is rated A+ (Superior) by A.M. Best and has more than six million policies in force and a network of over 13,000 independent agents across 12 states and Washington D.C. Learn more about Erie Strategic Ventures at www.erieinsurance.com/ventures. About Touchdown Ventures Touchdown Ventures partners with corporations to manage their venture capital programs. Touchdown works closely with each corporation to help achieve the financial and strategic benefits from venture capital investments. The firm maintains offices in Los Angeles, Philadelphia, and San Francisco. More information on Touchdown can be found at www.touchdownvc.com. Trust & Will is an online service providing legal forms and information. Trust & Will is not a law firm and does not provide legal advice. Contact Details Trust & Will Danielle Nuzzo +1 631-807-7772 danielle@trustandwill.com Company Website https://trustandwill.com

January 18, 2024 01:47 PM Eastern Standard Time

Article thumbnail News Release

Plato Data Intelligence Leverages Vectara to Power its Data-As-A-Service / DaaS Platform

PlatoData

New York, Jan. 18, 2024 - ( Plato Data via 500NewsWire) -- From development to launch, Vectara’s GenAI technology and team help innovators get to market faster. The announced partnership breaks new ground towards deploying a next generation of GenAI tools with Vertical focus. Vectara, the Trusted Generative AI Product Platform, and Plato Data Intelligence, creators of PlatoAi, have entered into a commercial agreement to unlock the power of Vectara via Plato AI’s Generative Intelligence platform. With an emphasis on secure, trustworthy, and transparent GenAI for enterprises, Vectara was the clear choice for developers who want a trusted provider to count on for MVPs and new product launches. Plato Data Intelligence offers many new and enhanced solutions leveraging AI and machine learning to curate data intelligence for users via its secure web3.0 platform Bryan Feinberg, CEO of Plato Data Intelligence, commented: “Once we understood Vectara’s strength in retrieval, selecting Vectara was an easy choice, and we have been rewarded with a level of support from Vectara’s technical team that has met and exceeded all expectations especially as it relates to our strategy to collaborate with only best-in-class technology providers with low TCO and fast time-to-market solutions. To provide the most optimal and cost-effective solution for their end clients, PlatoAi undertook a large migration process, moving from a big cloud service provider to a smaller cloud hosting platform. This move decreased costs by over 70%, allowing Plato to focus on giving more content to platform end-users while operating in a more streamlined and profitable manner. The affinity for Vectara was felt strongly and early on, with features like cross-language understanding fueling their vertical content across languages. Vectara also acts as the main search mechanism of the content platform, delivering relevant results across all types of queries. “Empowering innovative builders like Plato is why Vectara exists,” said Shawn Clink, Head of Strategic Sales at Vectara. “As an API-first GenAI platform, Vectara’s industry-leading, end-to-end approach to Retrieval Augmented Generation (RAG) allows companies to quickly extend their solutions to include Conversational AI, Question Answering, Semantic App Search, and Research & Analysis capabilities. We are excited about empowering Plato Data Intelligence with industry-leading capabilities to ensure their success both across their development and commercial environments.” About Vectara Vectara is an end-to-end platform that empowers product builders to embed powerful Generative AI features into their applications with extraordinary results. Built on a solid hybrid search core, Vectara delivers the shortest path to an answer or action through a safe, secure, and trusted entry point. Vectara is built for product managers and developers with an easily leveraged API that gives full access to the platform's powerful features. Vectara’s Retrieval Augmented Generation (RAG) allows businesses to quickly, safely, and affordably integrate best-in-class conversational AI and question-answering into their application. Vectara never trains its models on customer data, allowing businesses to embed generative AI capabilities without the risk of data or privacy violations. To learn more about Vectara, visit https://www.vectara.com About PlatoAi PlatoAi is at the forefront of machine learning and AI technology, creating innovative solutions that transform how businesses engage with their audience. They specialize in advanced learning algorithms and AI-driven products. To learn more about Plato.ai visit https://PlatoAistream.com Contact Details Bryan Feinberg, CEO Zephyr@Platodata.io

January 18, 2024 01:27 PM Eastern Standard Time

Image
Article thumbnail News Release

HTX DAO Initiates a New Chapter in Decentralized Governance

HTX DAO

Singapore, January 18, 2024 — In a significant stride forward within the blockchain and decentralized governance landscape, HTX DAO today formally announces its inception. This momentous occasion marks a paradigm shift in the domain of blockchain governance, aligning with the progressive ethos of the crypto community. The name of HTX DAO encapsulates its identity and strategic direction as a decentralized autonomous organization: H denotes the HTX Exchange, integral to the HTX DAO ecosystem, emphasizing its role within the HTX DAO ecosystem as the largest contributor to ecosystem liquidity. T signifies the TRON blockchain, the foundational technology underpinning HTX DAO, symbolizing a steadfast commitment to technological advancement and infrastructural development. X represents change and potential, encompassing the core beliefs of our vision. X also represents the multitude of renowned entities that form the foundation of the DAO ecosystem, which are ultimately integral to the HTX DAO ecosystem. With its cutting-edge decentralized governance structure, HTX DAO injects profound transformational power into HTX. The user-driven governance mechanism advocated by HTX DAO will endow HTX Exchange with profound market insights and strong community driving force. This mechanism not only optimizes decision-making transparency and efficiency but also provides key user insights for the strategic development and service enhancement of the exchange. Furthermore, the establishment of HTX DAO aims to catalyze a more transparent, efficient, and participatory digital economy ecosystem. The envisioned ecosystem of HTX DAO is built on inclusivity and frontier innovation, fostering a democratic and efficient governance model through decentralization. We firmly believe that true innovation stems from the harmonious integration and collaborative efforts of diverse perspectives. By expanding our horizons to encompass the entire blockchain industry, our goal is to unite the industry's most outstanding wisdom and most influential figures. In this ever-changing world, HTX DAO is not limited to a single path; we are on a diverse path that reflects the evolving blockchain field. As a DAO organization, HTX DAO is expected to become a vibrant community, bringing together innovative thinking, nurturing pioneering projects, and revolutionary concepts. It is an ideal incubator for the smartest minds in the blockchain field to cooperate and prosper together, shaping the future of decentralized governance. About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates open values and encourages all DAO participants to propose collaborations and protocol enhancements that can promote the development of HTX DAO. www.htxdao.com Contact Details HTX DAO media@htxdao.com

January 18, 2024 01:05 PM Eastern Standard Time

Image
Article thumbnail News Release

AllTradingEurope26 Advances Towards Comprehensive Financial Management Solutions

KISS PR Brand Story

Ville-Haute, Luxembourg - AllTradingEurope26, a notable online financial platform, has embarked on a journey to enhance its approach to financial management. This initiative aims to improve the overall landscape of wealth management and fiscal strategies. The company is focused on developing innovative financial solutions that offer users a better understanding of their financial environment. Evolving Financial Management Strategies AllTradingEurope26 is moving beyond traditional financial practices to adopt a more comprehensive approach to financial management. This shift is part of an effort to change how individuals manage and understand their finances. The company aims to provide an experience that goes beyond basic financial transactions and helps users connect more deeply with their financial health. Promoting Financial Well-being At the core of AllTradingEurope26's strategy is the promotion of financial well-being. The platform intends to enhance users' understanding of financial health by providing essential tools and insights. This approach goes beyond conventional financial services, focusing on informed decision-making. Customized Solutions for Individual Needs AllTradingEurope26 recognizes the diverse financial needs of its users and is developing customized solutions to meet these needs. The platform offers a range of services tailored to different financial objectives, enabling users to achieve their unique financial goals. Introducing Tools for Enhanced Financial Insight AllTradingEurope26 is introducing new tools to provide users with deeper insights into their financial behaviors. These tools are designed to help users understand the factors affecting their financial health and aid in strategic decision-making. Fostering Sustainable Financial Practices AllTradingEurope26 is also committed to promoting financial stability and sustainability. The platform is involved in initiatives that encourage eco-friendly financial practices, integrating financial well-being with environmental responsibility. Building a Community-Focused Financial Ecosystem The company is working towards creating a community-focused financial ecosystem. This initiative aims to foster a sense of shared responsibility and knowledge, where users can benefit individually and contribute to the broader financial health of the community. About AllTradingEurope26 AllTradingEurope26 is a distinguished online financial platform committed to enhancing how individuals manage their financial well-being. The company focuses on providing comprehensive services that extend beyond standard transactions. By emphasizing financial wellness, AllTradingEurope26 aims to offer customized solutions, innovative tools, and a community-focused approach, leading to a better understanding of financial landscapes and sustainable financial futures. The company believes in the synergy between individualized strategies and community responsibility. With a focus on user-centric services and a vision for a community-driven financial ecosystem, AllTradingEurope26 seeks to advance the role of financial platforms in offering balanced and effective financial management solutions. Company Details Company Name: AllTradingEurope26 Email Address: media@alltradingeurope.fr Company Address: 14 Bd Royal, 2449 Ville-Haute Luxembourg Company Website: https://alltradingeurope.fr/ Disclaimer: This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Neither KISS PR nor its partners are responsible for any decisions made based on the information provided in this press release. Release ID: 875784

January 18, 2024 11:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Siebert Williams Shank Launches Quantitative Solutions Group Headed by Giles Nicholson

Siebert Williams Shank

Siebert Williams Shank & Co. (SWS) announced the formation of a new Quantitative Solutions Group to be headed by Giles Nicholson, a public finance industry veteran who has developed and executed complex financing structures for major investment banking institutions. The addition highlights Siebert Williams Shank’s steadfast and growing commitment to expand its public finance practice in 2024. Nicholson comes to SWS with over 34 years of experience in municipal finance, most recently as Head of the Quantitative Strategies Group at UBS. In that capacity, he coordinated the firm’s quantitative ideas generation and modeling techniques, which were integral to obtaining and executing lead managed transactions. Based in Siebert Williams Shank’s New York office, the Nicholson-led group will coordinate ideas generation and execution across the entire public finance client base, with a focus on products and strategies that are tailored to specific client needs and market conditions. With a team of five people reporting to him from offices across the country, Nicholson will target three major goals as the firm’s newest Managing Director and Head of the Quantitative Solutions Group: provide clients with the best ideas possible in turbulent market conditions; allow the firm to share best practices from a central repository; and enhance training and development opportunities for the firm’s junior bankers. “I am delighted that Siebert Williams Shank continues to attract high quality talent to our growing firm,” said Suzanne Shank, President and CEO of Siebert Williams Shank. “Hiring Giles along with other senior and experienced hires over the last year demonstrates our deep commitment to public finance at a time when our competitors are laying off in droves or retrenching from the sector entirely.” “We are eager to leverage Giles’ deep expertise and experience to provide our muni issuer clients with the best and brightest ideas to achieve their financial objectives,” said Gary Hall, President of Infrastructure & Public Finance at the firm. “I know he will contribute greatly to SWS being a perennial leader in the public finance industry.” Prior to his six-year tenure at UBS, Nicholson held senior leadership and analytical roles at JPMorgan, Lehman Brothers, Barclays Capital, and Wells Fargo. He earned his BA at Harvard College, where he studied Economics. “I am very excited to join the Siebert Williams Shank and Co. team,” Nicholson said. “The firm is deeply committed to the success of its clients and provides the highest quality of service to them with innovative and actionable ideas.” Nicholson was instrumental in the New York Metropolitan Transportation Authority’s 2002 debt restructuring and its subsequent refinancing in 2012. He also provided extensive quantitative support and ideas generation for the 2023 Chicago Sales Tax Securitization and tender, which earned The Bond Buyer’s prestigious Deal of the Year award in December. In addition, he helped facilitate the State of Oregon’s 2023 Higher Education General Obligation transaction. Nicholson has developed and participated in debt financings for the Dormitory Authority of the State of New York, the New York Municipal Water Finance Authority, the Port Authority of New York and New Jersey, the Texas Water Development Board, and the University of California, among others throughout his career. His specialties include tenders, pooled loans, restructurings, defeasances, and energy prepays. Dually headquartered in New York, NY and Oakland, CA, SWS is an independent non-bank financial services firm that offers investment banking, sales and trading, research, and advisory services. Its mission is to exceed expectations through value-added results and leave a lasting impact on the sectors, corporations, and communities it serves. SWS counts 74 Fortune 100 companies among its clients. Contact Details Tom Butler +1 646-213-1802 TButler@ButlerPR.com Nick Eilerson +1 646-205-7627 NEilerson@ButlerPR.com Company Website https://www.siebertwilliams.com/

January 18, 2024 11:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Nonprofit Friends of Parkinson’s Appeals for Funding Support to Expand Reach and Programs

Prodigy Press Wire

Friends of Parkinson’s, a nonprofit organization that serves, educates and advocates for those affected by Parkinson’s Disease (PD) in Nevada, has raised an appeal for funds to support its various activities, as well as grow its personnel capabilities to reach more people and families dealing with the progressive neurodegenerative disorder. Jamillah Ali-Rahman founder of, Friends of Parkinson’s Friends of Parkinson’s was founded in 2014 by Jamillah Ali-Rahman, an executive with a background in nonprofit organizational development and advocacy. The organization works through three programs, the Parkinson's education series, which includes an annual medical symposium; various support groups and activities; and, an information and referral center for people diagnosed with PD. The organization’s various support groups and activities include an art therapy program that brings fun to the physical, occupational, and speech therapy activities of people living with Parkinson’s. The art therapy program encompasses a visual arts division, known as Art for ParkinsakesTM, music and speech therapy under the Las Vegas TremblersTM singing group, and physical therapy through the Dancing For The Health Of ItTM program. According to Ali-Rahman, these activities help people with PD to enjoy life and live in the moment, helping them deal with the progressive and degenerative nature of the disease. It also helps them remain busy and active, especially with scientific studies showing that physical activity can slow the progression of the disorder by up to 30%. “The reality of Parkinson’s disease is that today is as good as it's ever going to be, so I am encouraging people to live in moments rather than days, weeks, months or years. We seek to help people with PD to become more mindful and help them live well right now,” Ali-Rahman says. The organization’s educational component seeks to reach the community in various ways, including through a highly technical medical symposium featuring brilliant scientific and medical minds, as well as a lighthearted Funny Bunny Race every April, which is Parkinson’s Awareness Month. The information and referral center works with community partners and maintains a database containing crucial information and contacts. This allows Friends of Parkinson’s to refer people who have been newly diagnosed with Parkinson’s disease to medical professionals and to various resources they need to manage their condition. With additional funding, Friends of Parkinson’s will be able to expand its operations in all three areas, allowing it to reach more people. It seeks to hire more people and expand its marketing activities, allowing it to cast a broader net. According to Ali-Rahman, the additional funding will allow the organization to take its programs and platforms to new states and cities. However, she also stresses that any future collaborations in other areas will have the same local character that Friends of Parkinson’s has in Nevada because she believes that it’s local organizations that have the most profound impact on people’s lives. “I believe that, as an organization, we are only limited in our scope by the weight of our purse,” Ali-Rahaman says. Over the years, we’ve been able to do a lot more with few resources than many well-funded organizations. Today, we’re at a point where we need people who are smarter than me to come in and support the organization. I've done a great deal with Friends of Parkinson’s, but now it's got to grow. For it to grow, it needs new blood and expertise, which can only be achieved by raising funds.” Interested individuals and organizations can support Friends of Parkinson’s by donating online. Media contact: Name: Jamillah Ali-Rahman Email: info@friendsofparkinsons.org Release ID: 876961

January 18, 2024 10:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Ryvid EV Accelerates Phenomenal Growth into 2024

Ryvid, Inc

Electric Light Mobility company Ryvid has been on a single-minded mission to produce more efficient, lightweight, eco-friendly vehicles for a dynamic world since its inception in 2021. After creating a prototype of its first product – the Anthem electric motorcycle – in June 2022, Ryvid delivered the first production version of its affordable, highway-capable electric commuter motorcycle in September 2023 and is now in higher rate production at its new factory facility in San Bernardino, CA. Part of the company’s meteoric success can be attributed to a recent grant provided by the California Governor’s Office of Business and Economic Development (GO-Biz) to stimulate innovation, technology and job creation. This funding through the California Competes Program ( business.ca.gov/california-competes-tax-credit ) allowed Ryvid to hire key employees, accelerate product development, and get American-produced machines into the hands of new and experienced riding enthusiasts in record time. As part of the master plan devised by company founder and automotive designer Dong Tran, 2024 will see Ryvid complete its factory facility and conduct a ribbon-cutting ceremony in San Bernardino. Not only will this allow the company to continue production of its Anthem model to meet the increased demand, but will also provide capacity for new models to join the roster. The advantage of an American-based production team and manufacturing is that it rejects traditional, complex practices in favor of an extremely flexible, responsive and adaptable process with a simplified supply chain. It will mean that issues, requests and suggestions can be funneled to the engineers and into the assembly area, giving owners direct access to product development. “Opening our own factory facility has allowed us to streamline the manufacturing process further, speeding up what is already a rapid production process, allowing Ryvid to quickly pivot to new models and focus on new market segments. While growth is important for any business model, we’re going to prioritize the pillars of our company, which are accessibility, innovation, sustainability and community,” Dong Tran explained. RYVID ANTHEM The Anthem is a lightweight electric motorcycle designed for commuters and adventure-seekers alike. In common with existing two-wheeled EVs, the aim is to provide sustainable personal transportation as an alternative to heavy, thirsty automobiles, helping to solve a raft of socio-economic issues. Ryvid has sought to keep its concept affordable, doing almost everything in-house and innovating thoughtful solutions to control costs without resorting to overseas production. Among the key differentiators is a stainless steel folded sheet metal frame, chosen for strength and constructed without any welding, simplifying the assembly process without passing along labor costs to the rider. The ingenuous modular construction of the Anthem focuses on products that are exactly what they need to be; not more, not less. They serve a specific purpose and have allowed the designers to reduce weight and complexity. As part of this process, the team ensured all its major components were located low to the ground, creating a low center of gravity and nimble handling. With the Ryvid Anthem tipping the scales at just 313 lb, the 4.3 kWh lithium-ion battery and its integrated 3.3 kW charger sits under the frame and is removable to provide flexible charging options. It powers a 72V air-cooled brushless DC motor, which is mounted behind the battery in the aluminum swingarm and delivers 53 ft-lb of torque. Range is stated as 75 miles* using the Urban Dynamometer Driving Schedule. Another key Ryvid innovation is the patent-pending electrically adjustable seat height. Long recognized as a major obstacle for new riders, Anthem ensures a wider range of riders can comfortably sit on the Anthem and place their feet securely on the ground. Using a hydraulic ram, the rider can rapidly adjust the seat height at the flick of a button from 30-34” without affecting the rear suspension geometry. Thanks to its electric motor, the engineers were also able to provide a speed-limited reverse gear. This is yet another feature that helps novice and experienced riders alike, allowing users to reverse out of tight spots or inclines that could otherwise prove challenging. Capable of speeds in excess of 75mph for highway use, the Anthem requires a motorcycle license but the power delivery and riding position will be familiar to e-bike riders, especially in the Eco riding mode. Sport mode provides a noticeable boost in performance, delivering a high level of two-wheeled entertainment. Anthem uses motorcycle brake lever positions and a twist throttle but the direct drive motor meant a clutch lever was unnecessary. The high-performance brakes, suspension and Pirelli tires differentiate Anthem from the majority of electric motorcycle brands, giving the rider a level of control, involvement and satisfaction beyond its peers. Anthem also provides an incredible ownership experience that helps to ensure a low cost of overall ownership thanks to minimal maintenance needs, low cost of charging, a significantly reduced parts list to ease repairs, as well as easy storage and charging. The Ryvid Anthem can charge to 80% in 2.5 hours using 110V or 1.25 hours using the supplied 220V adapter. It carries a two-year limited warranty on motorcycle parts and battery, and is supported by the Ryvid Service Team. “The Anthem was designed to fill the space between electric bicycles and full-sized motorcycles, empowering a new generation of two-wheel riders with an EV mindset. We’re confident that the excitement of our high-performance, two-wheeled vehicles will also bring experienced riders to the light electric vehicle space as they discover the many benefits of battery-powered propulsion,” said Dong Tran. Despite its ground-breaking innovation and American manufacture, the feature-filled Ryvid Anthem costs only $8,995 and can be ordered directly from ryvid.com NEW MODELS While the Anthem is still a brand new product, everyone at Ryvid is focused on achieving the next breakthrough. The design and engineering teams have been working on a number of new variants and models and is expecting to make some exciting announcements this year. The company hopes to reveal the first new model in the Spring/Summer, which will add another highly entertaining model to the Ryvid lineup. It will also reinforce the company’s primary pillars of accessibility, innovation, sustainability and community. It’s predicted that the new, American manufactured model will shake up current motorcycle manufacturing concepts by offering riders an extraordinarily flexible platform to attract a wide range of riders and provide plenty of options for personalization. CES 2024 During the recent Consumer Electronics Show in Las Vegas, an enhanced version of the Ryvid Anthem, powered by Weel, was showcased in the Amazon Experience Area. CES brings together the tech industry, providing a platform for global audiences to engage with major brands and startups, and the modified Anthem attracted significant attention. It captured the interest of many attendees curious about the latest developments in EV technology. We appreciate everybody who took the time to meet our team and look forward delving into the advanced Weel innovations in the future. *Battery range depends on conditions such as rider weight, speed, temperature, wind, tire pressure, terrain, incline, etc. Mileage may vary EDITOR’S NOTE Editorial staff wishing to ride the Ryvid Anthem should please use the Media Contact below. Images and information on the Ryvid Anthem are available here. Anthem specifications are available here: ryvid.com/anthem/specs ABOUT RYVID Ryvid is a cutting-edge manufacturing corporation in the high-growth field of Electric Light Vehicles. Founded by enthusiasts, engineered by innovators, and designed by aerospace industry gearheads, Ryvid’s mission is to create more sustainable and enjoyable personal mobility. The company name was derived by the merging of Rhythm and Avid; elements of motion and emotion that define the experience of using our products. With its first product – the Anthem – Ryvid produced a revolutionary, lightweight, affordable electric motorcycle with a significantly lower carbon footprint than its competitors. With the same innovation to be applied to upcoming models and variants, Ryvid is poised to revolutionize urban commuting. Ryvid products are designed and assembled in the United States. For further information, please visit ryvid.com The Ryvid Anthem is now available to reserve for delivery at $8,995 Contact Details The ID Agency Greg Emmerson greg@theidagency.com Ryvid, Inc Tori George-Drake media@ryvid.com Company Website https://ryvid.com/

January 18, 2024 06:05 AM Pacific Standard Time

Image
1 ... 474475476477478 ... 3764