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Inspirage Wins Prestigious Oracle Excellence Award for 2019 Global Partner of the Year: Oracle ERP Cloud

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Additional Awards: EMEA Partner of the Year: Oracle ERP Cloud

SAN FRANCISCO, Sept. 17, 2019 (GLOBE NEWSWIRE) — Today Oracle presented Inspirage with two 2019 Oracle Excellence Awards for Specialized Partner of the Year: Oracle ERP Cloud – Global and EMEA.  

The Oracle Excellence Awards for Specialized Partner of the Year recognize Inspirage’s outstanding work driving customer success with Oracle ERP Cloud. Oracle partners accelerate innovation and help customers upgrade to the cloud quickly and easily. From business planning and implementation, to connectivity and execution, Oracle partners provide the support and services needed to maximize the value of Oracle Cloud solutions within our customers’ organizations. 

Oracle PartnerNetwork (OPN) offers opportunities for partners to accelerate and expand their business. Oracle would like to highlight their partners who are highly experienced and skilled in guiding their customers on a successful path to the cloud. Inspirage is a Cloud Premier Platinum level member of Oracle PartnerNetwork (OPN). The Oracle Excellence Awards for Specialized Partner of the Year encourage innovation by Oracle PartnerNetwork (OPN) members, who use Oracle’s products and technology to create value for customers and generate new business potential. 

“On behalf of the entire team at Inspirage, I extend our thanks to Oracle for recognizing the work of our team to deliver the benefits of ERP Cloud products to our joint clients,” said Srini Subramanian, Chief Executive Officer at Inspirage. “With our In2Cloud methodology, we continue to invest heavily in solutions and services to ensure our clients achieve successful implementations of Oracle ERP Cloud solutions. We are extremely proud of our team’s accomplishments, and we consider this award a direct reflection of the high expertise, innovative solutions and passion for excellence exhibited by our employees.”

“Inspirage has demonstrated an outstanding level of innovation in delivering proven Oracle ERP Cloud solutions that solve our joint customers’ most critical business challenges,” said Brian Hamel, Senior Vice President, Cloud Business Group, North America Converged Infrastructure, Oracle. “We congratulate Inspirage in achieving the 2019 Oracle Excellence Award for Partner of the Year: Oracle ERP Cloud both in EMEA and globally. This achievement is a testament to their dedication to excellence and to providing customers solutions and services that drive real business value and results across the globe.”

About Inspirage
Inspirage is the integrated supply chain specialist firm solving business critical challenges from design to delivery. The company delivers end-to-end consulting and implementation solutions that link Enterprise Resource Planning (ERP), Product Lifecycle Management, Supply Chain Management and Logistics Management. Inspirage partners with their customers to break down information silos and optimize performance to accelerate innovation, fuel growth and achieve operational excellence.

Inspirage is a Platinum level member of Oracle PartnerNetwork (OPN) and has been recognized by Oracle with numerous awards, including the 2018, 2017, 2016, 2015 and 2014 Oracle Excellence Award for Specialized Partner of the Year. Headquartered in Bellevue, Washington, the company has global presence with offices in North America, Europe, Middle East, and Asia. For more information, visit www.inspirage.com.

About Oracle OpenWorld
Oracle OpenWorld, the industry’s most important business and technology conference for more than 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. With thousands of sessions, demos and hands-on labs, plus exhibitions from more than 250 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Infrastructure. For registration, live keynotes, session details, news and more, visit www.oracle.com/openworld or www.oracle.com/newsroom

About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) is Oracle’s partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program – an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. 

CONTACT: For Further PR Information, Contact:

Celeste White 
Inspirage
855-517-4250 
celeste.white@inspirage.com 

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IT Industry

Entelligent, Societe Generale Partner to Offer First-of-its-Kind Climate Change Investment Product

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The partnership centers on Entelligent’s proprietary, predictive modeling system to mitigate climate risk resulting in a fixed income annuity offered by one of Europe’s largest financial institutions

BOULDER, Colo., Oct. 17, 2019 (GLOBE NEWSWIRE) — Entelligent, a Colorado technology company focused on climate change, announced today a first-of-its-kind partnership to create a unique, custom investment solution, using Entelligent’s Smart Climate® “E-Score.” 

Entelligent believes asset managers need options beyond divestment to better manage portfolios against the backdrop of the growing systemic risk posed by climate change. Entelligent’s adaptive intellectual property allows investment managers and owners to direct their capital toward companies that are addressing climate risk by increasing investments in energy efficiency, thus reducing their environmental impact. An examination of Entelligent’s IP has been successfully completed by the U.S. Patent Office and a patent will be awarded shortly.

Entelligent’s Smart Climate approach assists investors in managing their exposure to climate change risk, from regulatory efforts to mitigate carbon emissions to the physical effects of climate change and the transition to new energy technologies. The model has been developed since 2012 by Entelligent’s industry experts, climate scientists, and financial professionals, using investment signals to help asset managers construct more risk-resilient portfolios and direct investments toward greater carbon emission reductions as the world moves away from fossil fuels.

Societe Generale, one of the leading European financial services groups, is the first major financial institution to market a product that incorporates Entelligent’s proprietary, predictive climate model in an effort to improve financial performance. Societe Generale is a founding signatory of the Principles for Responsible Banking, and has committed to reducing its exposure to the thermal coal sector to zero by 2040.

The partnership was borne out of discussions with Societe Generale’s Head of Sustainable Investment Solutions for Global Markets, Isabelle Millat. The product, a fixed income annuity for the insurance industry, is part of its multi-product platform focusing on delivering high quality investment and risk management solutions to asset managers, pension funds, private banks, banks, insurance companies, hedge funds, family offices and sovereign funds and retail network distributors around the world.

Entelligent’s Smart Climate’s E-Scores technology met Societe Generale’s stringent requirements, yielding data not only on resilience to climate risk but also on the financial alpha of its ESG products.

“This is a moment where the engine of capitalism is essential to addressing climate change – the existential crisis of our time,” says Thomas H. Stoner, Jr., CEO of Entelligent.  

In July, Entelligent announced agreements with S-Network, a NYC-based leading ESG indexing company, and FactSet, an international open financial data and software solutions company. These strategic distribution partnerships will allow Entelligent to accelerate the commercialization of the Smart Climate E-Scores.

Entelligent has contemporarily launched a Series A equity raise to fund its next phase of growth and provide the market with an alternative and independent data source in the exploding domain of ESG data, especially related to climate change risk.

About Entelligent
Entelligent’s Smart Climate® Data and Analytics are a “top down” climate scenario analytics platform of formulas, systems and indices that assess the climate risk of an investment portfolio and provide critical analytics at the individual security level. Our Smart Climate Solutions can assist asset managers and owners in evaluating portfolio performance by relating both risk and return to a series of critical environmental metrics.

Contact:
Entelligent 
Laurie Greenwood 
lgreenwood@entelligent.com
(303) 443-9447

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IT Industry

Parker to Webcast Annual Meeting of Shareholders on October 23, 2019 at 9:00 a.m. Eastern Time

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CLEVELAND, Oct. 17, 2019 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will webcast its Annual Meeting of Shareholders, which is scheduled for Wednesday, October 23, 2019, beginning at 9:00 a.m. Eastern time.  The live webcast of the annual meeting will be accessible on Parker’s investor information website at www.phstock.com and will be archived on the site for one year.

Parker Hannifin is a Fortune 250 global leader in motion and control technologies.  For more than 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets.  Parker has increased its annual dividend per share paid to shareholders for 63 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.  Learn more at www.parker.com or @parkerhannifin.

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CONTACT: Contact:
Media –
Aidan Gormley, Director, Global Communications and Branding
216/896-3258
aidan.gormley@parker.com

Financial Analysts –
Robin J. Davenport, Vice President, Corporate Finance
216/896-2265
rjdavenport@parker.com
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IT Industry

Data Storage Corporation Issues Statement About Promotional Activity Concerning Its Common Stock

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MELVILLE, N.Y., Oct. 17, 2019 (GLOBE NEWSWIRE) — Data Storage Corporation (OTCQB: DTST) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection and cloud solutions, announces that it has been notified by OTC Markets Group Inc. (“OTC Markets”) about recent trading and promotional activity concerning the Company’s common stock. 

On October 15, 2019, OTC Markets informed the Company that (i) it became aware of certain promotional activities concerning Data Storage Corporation and its common stock, including the distribution of promotional newsletter emails by unaffiliated third-party sources, including, BeatPennyStocks.com, owned and operated by Stellar Media Group, LLC, and MakePennyStocksGreatAgain.com, owned and operated by Link Media, encouraging investors to purchase the Company’s common stock and (ii) that this promotional activity has had an effect on trading activity and the market for the Company’s securities. The Company understands this promotional activity coincided with higher than average trading volume and fluctuations in the Company’s stock price. The Company was unaware of the promotional activity until informed by OTC Markets, and is unaware of the full nature of the promotional activity, the extent of the dissemination, or the responsible parties.  The Company is not affiliated in any way with the authors of the promotional materials identified by OTC Markets.

The Company has reviewed the statements in the promotional materials provided by the Issuer Compliance of the OTC Markets.  While it appears that certain statements and claims made in the promotional materials were factually correct as they were taken from the Company’s website, historical press releases and other public documents, the Company has determined that certain statements included in these promotional materials related to the Company and its business might be read as false and/or misleading and readers should not place undue reliance on these promotional materials.

In addition, the Company understands that there are statements made in the promotional materials which may be deemed to encourage investors to purchase the common stock of the Company.  Such statements only express the view of the authors. The Company disclaims any potentially exaggerated or misleading statements contained in the promotional materials.

Readers of the promotional materials should not place undue reliance on the promotional materials. Specifically, the Company does not condone the use of sensational language to describe the Company’s business prospects or the growth potential of the Company’s industry.

The Company encourages investors to review the business of the Company on its own merits. The Company does not condone any statements made regarding the urgency of investing in the Company’s common shares or any other similar statements. The Company notes that investing in the Company’s securities involves certain risks and uncertainties which investors should review prior to making any investment decision. The Company directs potential investors to rely solely on its filings and disclosures made with the U.S. Securities and Exchange Commission, available at www.sec.gov.

The Company has made inquiries of its executive officers, directors, controlling shareholders (i.e., shareholders owning 10% or more of the Company’s securities) and the third-party service provider regarding the promotional activities concerning the Company. Neither the Company, nor its executive officers, directors nor, to the Company’s knowledge, its controlling shareholders nor the third party service provider, were involved in any way with the creation or distribution of the promotional materials identified by OTC Markets.  Additionally, neither the Company’s executive officers, directors nor, to the knowledge of the Company, any controlling shareholders or any third-party service providers, sold or purchased shares of common stock of the Company within the last 90 days. 

Charles Piluso, the Company’s CEO, stated, “We continue to execute on our business model and remain extremely encouraged by the outlook for the business.  While some of the information stated in these promotional materials, as it relates to DSC, does represent the core of our business solutions and the marketplace, we do not stand behind any future growth rates stated in the promotional materials, nor do such statements represent any guidance from DSC. Further, the Company is not involved in Artificial Intelligence or Virtual Reality, as stated in the promotional materials, but remains focused on our core solutions.  Nevertheless, we strongly advise the public to continue to rely only on our press releases and filings with the Securities and Exchange Commission for any material information regarding the Company.”

The Company’s investor relations firm engaged since April 1, 2019 is Crescendo Communications, LLC (“Crescendo”).  Prior to Crescendo, the Company engaged Andrew Barwicki Incorporated (“Barwicki”) from January 18, 2017 to March 31, 2019.  Crescendo and Barwicki deny any prior knowledge of or involvement in the creation or distribution of the promotional materials. The Company has not engaged any third parties to provide investor relations services, public relations services or other related services since January 1, 2017 other than the above-mentioned firms.

The Company has not issued any shares or convertible instruments allowing conversion to equity securities at prices constituting a discount to the current market rate at the time of the issuance.

About Data Storage Corporation

The Company provides a highly secure, enterprise level cloud for IBM i Power systems and Windows, assisting companies in the migration process, while reducing capex and providing flexibility for seasonality with on-demand compute power. Clients have access to an array of solutions: Infrastructure as a Service, disaster recovery, voice and data, security, and email compliance & data analytics. The Company provides solutions to business, government, education and healthcare industries.

For more information, please visit http://www.DataStorageCorp.com.

Safe Harbor Provision

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby.  All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the Company’s future financial position, business strategy, plans and objectives, are forward-looking statements.  Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expects,” “intends,” “plans,” “projects,” “estimates,” “anticipates,” or “believes” or the negative thereof or any variation thereon or similar terminology or expressions.  Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements.  Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct.  Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, those factors set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018 and its other filings and submissions with the SEC.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made.  Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements.

Contact:
Crescendo Communications, LLC
212-671-1020
DTST@crescendo-ir.com

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