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Avid Brings Music Distribution to a Quarter Million Avid Link App Users

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AvidPlay empowers artists to distribute their music to the world’s most popular streaming platforms, including Spotify, Google Play Music, Amazon Music, NetEase, Gaana and many more

NASHVILLE, Tenn., July 18, 2019 (GLOBE NEWSWIRE) — Avid Connect Live – At Avid Connect Live Nashville at Summer NAMM 2019, Avid® (Nasdaq: AVID) introduced AvidPlay, a new music distribution service for its Avid Link app that enables artists, producers and music labels to easily and affordably get their music heard on the world’s most popular streaming services.

With AvidPlay, artists can distribute their music tracks and albums to hundreds of streaming services worldwide, including Spotify, Pandora, Google Play Music, Amazon Music, NetEase, Gaana, Anghami, Deezer, iHeartRadio, and many more, and keep 100 percent of the rights and earnings. Music creators simply purchase their music distribution plan on the Avid Link Marketplace, and then intuitively upload their completed tracks and artwork. Artists can then use the AvidPlay dashboard to easily manage the tracks and albums being streamed, and see how much money they’ve earned from each song—all from within Avid creative tools or from the free Avid Link app for mobile devices.

“Providing a way for creators to get their works heard and viewed by the right people is critical to the success of music, audio and video producers around the world,” said Rob D’Amico, Director, Audio and Video Segment at Avid. “Avid Link provides artists the ability to promote their works and gain exposure within community Lounges, along with building up their personal networks by connecting with other content creators. With Avid Link available to everyone—not just Avid customers—music creators now have the ability to easily expand their creative possibilities, distribute their music and, most importantly, get paid for the content they produce.”

Avid Link 2019.7 is available now as a free app for Mac, Windows, iOS, and Android, and is accessible from within Pro Tools®, Media Composer®, and Sibelius®. AvidPlay subscriptions start at just $4.99/year and are available for purchase through the Avid Marketplace within Avid Link.

The Avid Link app, which debuted in January and has more than 260,000 users, enables community members to expand their creative possibilities by connecting with other artists, producers, mixers, composers, editors, videographers, and moviemakers, letting them grow their network and gain valuable exposure. With access to top artists, award-winning music professionals, and resources users can share their work, get feedback and advice, and collaborate with like-minded individuals from around the world—no matter which creative tools they use.

Join the Celebration of the Global Music Community
Avid’s Connect Live Nashville event celebrates the music community that creates, produces, performs, and distributes its music with Avid creative tools and solutions. It includes free training classes for attendees, with topics covering studio session recording techniques, live recording technology for gigs, recording your own demo, and going from sketch to song. Breakout panel discussions will cover Dolby Atmos, music creation, audio engineering, audio mixing, and music production.

The music community globally is invited to join in these events through a live stream on Avid Link, where viewers can participate in Lounges and meet like-minded artists. Avid Link can be downloaded for free. The live stream also will be available at avid.com and on Avid’s social media handles at www.youtube.com/avidwww.facebook.com/avidwww.facebook.com/avidprotoolswww.twitter.com/avid, and www.twitter.com/avidprotools.

About Avid
Avid delivers the most open and efficient media platform, connecting content creation with collaboration, asset protection, distribution, and consumption. Avid’s preeminent customer community uses Avid’s comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the world—from prestigious and award-winning feature films to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts. With the most flexible deployment and pricing options, Avid’s industry-leading solutions include Media Composer®, Pro Tools®, Avid NEXIS®, MediaCentral®, iNEWS®, AirSpeed®, Sibelius®, Avid VENUE, FastServe®, and Maestro. For more information about Avid solutions and services, visit www.avid.com, connect with Avid on FacebookInstagram, TwitterYouTubeLinkedIn, or subscribe to Avid Blogs.

© 2019 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, Avid Link, AvidPlay, Avid NEXIS, FastServe, AirSpeed, iNews, Maestro, MediaCentral, Media Composer, Pro Tools, Avid VENUE, and Sibelius are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. All other trademarks are the property of their respective owners. Product features, specifications, system requirements and availability are subject to change without notice.

PR Contacts:
Avid
Donnelle Koselka
donnelle.koselka@avid.com

Red Lorry Yellow Lorry (Avid’s PR agency)  
Alex Humphries-French—UK
Tanya Roberts—USA
avid@rlyl.com

Beck Media (Avid’s business PR agency)
Paige Verducci
paige.verducci@beckmedia.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

IT Industry

Industry Thought Leaders Join Outsell to Speak at Digital Dealer 27 on Tips to Conquest and Retain More Customers with Personalized, Cross-Channel Marketing

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Panel speakers to address how to personalize the customer experience and increase engagement

MINNEAPOLIS, Aug. 19, 2019 (GLOBE NEWSWIRE) — Outsell, which offers the first AI-driven marketing automation platform for the automotive industry, announced today that it is presenting with customers on a panel at Digital Dealer 27 on the topic “4 Tips to Conquest & Retain More Customers with Personalized, Cross-Channel Marketing,” taking place August 20, 2019 at 10:00 am. The panel will feature speakers Charles Paul, Marketing Director at Scharmach Automotive Group, Chris Mathis, Internet Director at Jackie Cooper Imports and Valerie Vallancourt, Vice President of Marketing at Outsell, who will discuss how dealers can provide personalized experiences across multiple channels.

The customer journey today often includes a variety of devices and channels – and no two customer journeys are the same. Consumers that shop both online and in the dealership have a 30% higher lifetime value than those who shop using only one avenue when searching for a vehicle. Additionally, companies that employ a cross-channel customer engagement strategy retain on average 89% of their customers. It’s imperative for dealers to provide personalized experiences across channels, especially in a slower market. During this panel, attendees will walk away with a better understanding of how to improve customer engagement with new cross channel marketing methods.

Key takeaways that the panelists will share:

  • Understand what customer experience means to consumers today and how to personalize the customer experience at scale.
  • Learn how to create an omnichannel approach to meet consumers wherever they are in their lifecycle.
  • Learn how to orchestrate an end-to-end experience to increase overall customer engagement.
Who: Charles Paul, Marketing Director at Scharmach Automotive Group, Chris Mathis, Internet Director at Jackie Cooper Imports and Valerie Vallancourt, Vice President of Marketing at Outsell
What: “4 Tips to Conquest & Retain More Customers with Personalized, Cross-Channel Marketing”
Where: Mandalay Bay J, Mandalay Bay Resort & Casino, Las Vegas
When: Tuesday, August 20 from 10:00-10:50 am

Outsell will also be at booth #841 showcasing the newest enhancements to the Outsell platform. Click here for more details and to sign up for a demo.

To register for Digital Dealer 27 and learn more about the agenda, please visit, https://www.digitaldealer.com/conference/education/agenda/.

About Outsell
Outsell offers the first AI-driven marketing automation platform for the automotive industry, creating a personalized customer experience that drives increased sales and profits. Our proprietary technology harnesses massive amounts of data creating accurate and powerful consumer profiles that engage your customers and prospects exactly where they are in their individual lifecycles. That’s why Outsell is the trusted platform for over 1,500 dealers representing all major automotive brands. To learn more, visit https://www.outsell.com/ or follow us at @Outsell.

Media Contact:
Gina Rezendes
Big Swing Communications
+1 617-640-9278
gina@big-swing.com 

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IT Industry

RTX is upgrading and narrowing financial outlook for 2018/19

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Noerresundby, Denmark, 19 August 2019
Announcement no. 37/2019

As RTX has had strong revenue growth in Q3 (which ended 30 June 2019), and as the order intake and forecast for Q4 up until now is also solid, RTX adjusts its financial expectations for the 2018/19 financial year.

RTX will, as previously communicated, release its interim Q3 2018/19 report on 27 August 2019, however, we can report the following preliminary numbers for Q3 2018/19 and the first nine months (9M) of 2018/19:

  • Expected revenue level: Q3 2018/19: DKK 148 million; 9M 2018/19: DKK 403 million
  • Expected EBITDA level: Q3 2018/19: DKK 29 million; 9M 2018/19: DKK 63 million
  • Expected EBIT level: Q3 2018/19: DKK 26 million; 9M 2018/19: DKK 53 million

Both business units, Business Communications and Design Services, have seen significant revenue growth in Q3 and both have solid order intake for Q4. The growth and order intake in Business Communications are partly the result of the new major framework agreements announced during 2017/18. In Design Services, the growth and order intake are especially within product sales in line with the strategy to grow recurring revenue in the business unit.

Based on the growth and order intake, the expected revenue in 2018/19 is adjusted from previously DKK 520-550 million to DKK 550-565 million, expected EBITDA is adjusted from previously DKK 85-100 million to DKK 90-100 million and expected EBIT is adjusted from previously DKK 65-80 million to DKK 77-87 million.

Guidance overview financial year 2018/19:

  Original outlook for 2018/19 Updated outlook for 2018/19
Revenue DKK 520-550 million DKK 550-565 million
EBITDA DKK 85-100 million DKK 90-100 million
EBIT DKK 65-80 million DKK 77-87 million

The above statements on RTX A/S’ future conditions, including in particular, future revenue and operating profit (EBITDA and EBIT), reflect management’s current outlook and carry some uncertainty. These statements can be affected by a number of risks and uncertainties, which mean that actual developments can be different from the indicated outlook. These risks and uncertainties include – but are not limited to – general business and economic conditions, dependence on partners, the time of delivery of components and foreign exchange and interest rate fluctuations.

As mentioned, RTX will release its interim report for Q3 2018/19 on 27 August 2019 with further details on the performance in the third quarter and will host an investor and analyst meeting on 30 August 2019 at 9.00 am at ABG Sundal Collier, Forbindelsesvej 12, 2100 Copenhagen.

Enquiries and further information:
CEO Peter Røpke, tel +45 96 32 23 00
RTX’s homepage: www.rtx.dk

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IT Industry

Flux7 Named on Inc. 5000’s 2019 List of Fastest Growing Companies in America

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IT services provider Flux7 ranked to the top thirty percent of Inc. 5000 for the second consecutive year

AUSTIN, Texas, Aug. 19, 2019 (GLOBE NEWSWIRE) — For the second year, Flux7, an IT services provider helping organizations innovate and achieve agility at the speed of the market, has been named to the annual Inc. 5000 list. The list is a prestigious ranking of the nation’s fastest-growing private companies by Inc. Magazine. Flux7, which was also named to the 2018 Inc. 5000 list, ranked 1489th nationally with three-year revenue growth of 277 percent. Flux7 has also ranked the 39th fastest-growing IT Systems Development companies, and ranked 31st among all private companies in Austin. Organizations partner with Flux7 to strategically plan adoption of the customer-value driven approach of DevOps, and to accelerate progress using highly in-demand skills and proven experience with cloud, containers, configuration management and CICD. Flux7 customers gain long-term agility through the transfer of knowledge and IP during the planning and delivery process.

“Evolving technology platforms to support digital business at scale, both now and in the future, is complex,” said Aater Suleman, co-founder and CEO of Flux7. “The market’s need to improve the delivery of IT services through modern tools and infrastructure while expanding the skills of key contributes reflects our rapid growth and place among the elite Inc. 5000.”

Flux7 Helps Businesses Adopt Game Changing Technologies

Flux7 was founded with a vision is to enable enterprises to experiment more, fail cheap, and measure results accurately. In pursuit of that goal, the company has deepened its experience with new technologies such as Kubernetes and Terraform, as well as advanced native cloud services.  Earlier this year, Flux7 raised funding to expand its DevOps consulting services through further investment in repeatable processes and intellectual property to speed and scale customer results. Companies including G6 Hospitality, Rent-A-Center and TechNipFMC have engaged Flux7’s professional services and infrastructure modernization services to optimize IT platforms and apply automation within an Agile DevOps model to improve the security and efficiency with which services are delivered.

“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000

The 38th Annual Inc. 5000 Conference and Gala will be held at the J.W. Marriott Desert Ridge Resort and Spa in Phoenix, Arizona on October 10-12, 2019.

About Flux7
Flux7 is an IT services firm helping businesses to improve agility through the modernization of IT delivery and application modernization. By collaborating with customers to implement cloud automation using the latest technologies and strategies, Flux7 accelerates DevOps adoption. Learn how Flux7 helps businesses bring solutions to market faster at https://www.flux7.com, get real-world information about IT modernization and DevOps at https://blog.flux7.com/, or follow us on Linked in at https://www.linkedin.com/company/flux7-labs.

Flux7 Media Contact:
Heather Racicot
360-632-5616
heather.racicot@flux7.com 

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