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Converge Technology Solutions Announces Appointment of Mr. Ralph Garcea to Board of Directors

Vlad Poptamas

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Photo source: twitter.com / @ConvergeTSC
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Converge Technology Solutions Corp. (“Converge” or “the Company“) (TSXV:CTS) (FSE:0ZB) (OTCQX: CTSDF) is pleased to announce the appointment of Ralph Garcea as an independent director of the Company, effective immediately. The addition of Mr. Garcea will bring the Converge Board of Directors to a total of five individuals, four of whom are considered independent.

Mr. Garcea was a top-ranked research analyst, well regarded for his knowledge of Canadian technology, gaming and industrial companies, having received top three rankings in the past from Brendan WoodsGreenwich, Starmine, and Thomson Reuters surveys. Mr. Garcea has more than 22 years of experience in senior positions at both major and boutique investment dealers in Canada. He is the current managing partner and co-founder of Focus Merchant Group, a boutique advisory firm offering a full range of financial advisory services including strategy, mergers and acquisitions, private placements, RTO/IPO advice, valuations, fairness opinions and board of director selections.

“We are pleased to welcome Ralph Garcea to our Board of Directors, given his extensive capital markets experience in the technology sector,” stated Gordon McMillan, Chairman of the Board of Converge. “Ralph’s unique insight and experience will be instrumental as we continue to implement Converge’s strategic business plan.”

Mr. Garcea holds a Bachelors Degree (Honours) in Engineering Science (Aerospace) from the University of Toronto, and an M.B.A. (Honours) from the Schulich School of Business at York University.

 

SOURCE Converge Technology Solutions (CTS)

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Artificial Intelligence

Synopsys Design and Verification Solutions Enable Astera Labs to Develop Industry’s First PCIe 5.0 Retimer SoC

Vlad Poptamas

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Photo source: glassdoor.co.in
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Synopsys, Inc. (Nasdaq: SNPS) today announced that Astera Labs successfully utilized Synopsys’ Fusion Design Platform, Verification Continuum Platform, and Design Services to develop its breakthrough connectivity technology for next-generation servers, all running on Amazon Web Services (AWS). The collaboration represents two game-changing industry milestones: the first large-scale design fully implemented and verified from start to finish on a third-party public cloud, and the industry’s first PCIe 5.0 retimer for heterogenous compute and workload-optimized servers.

“At Astera Labs, we are intensely focused on delivering high-quality solutions to our customers. We collaborated with Synopsys, a leader in EDA tools and PCIe technology, to ensure our products meet PCIe Gen-5 specifications and are geared for high-volume manufacturing,” said Jitendra Mohan, chief executive officer at Astera Labs. “Our High-Performance Compute (HPC) infrastructure is hosted entirely on AWS and we heavily leveraged the scale of AWS and the cloud-scalability of Synopsys tools to accelerate our development schedule.”

“We are excited to collaborate with Synopsys, a market leader in chip design and verification software. Together, we are providing groundbreaking cloud solutions for our mutual semiconductor customers, which represent a significant milestone, creating smart products and devices for solutions involving IoT, machine learning, artificial intelligence, and big data,” said Terry Wise, vice president, Channels and Alliances, Amazon Web Services, Inc. “By leveraging the power of AWS, Synopsys is able to further semiconductor innovation and help Astera Labs reduce time-to-results.”

“In our collaboration with industry leaders and our ecosystem, we continue to work closely with innovators to enable next-generation designs with a broad and complete solution,” said Deirdre Hanford, co-general manager of the Design Group at Synopsys. “Our collaboration with pioneers such as Astera Labs breaks new ground in what can be achieved in combining leading EDA technology and cloud computing.”

 

SOURCE Synopsys, Inc.

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For the Third Year in a Row, Sabio Takes Top Honor in Best Use of Mobile Technology Category at the Pollie Awards

Vlad Poptamas

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Photo source: Techiexpert.com
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Sabio, the media and technology company behind App Science®, a proprietary machine learning platform that pairs observations of consumer behavior to corresponding data that inform marketing decisions, today announced it was recognized as the Pollie Awards Best Use of Mobile Technology category winner for the third year in a row.

The Pollie Awards recognize the leaders, innovators and exceptional work within the political communications and public affairs industries.

Commenting on the win, Joe Camacho, CMO of Sabio stated, “We are thrilled to be recognized for our public affairs industry work by this prestigious award. These award wins further validates the capabilities of our App Science® technology to consistently deliver the campaign winning support that political candidates need.”

App Science® can be used to target and deliver custom ads with unique technological features that resonate with today’s voters and uses Artificial Intelligence to find the right voters and target them at the right moment with the latest creative capabilities.

For a Republican Congressional campaign, Sabio used its proprietary App Science® technology to target registered Republicans, analyze the mobile behaviors of those voters such as the types of apps they use, to identify center-right leaning registered Independents and Democrats that can potentially swing a tight election. Sabio also incorporated animation and a mobile devices touch and gyroscopic technology to create custom ads that included an election day reminder feature that added the date to their phone’s calendar.

The main goal was to reach the candidate’s most likely voters with a compelling ad that utilized the latest technologies to identify, target, persuade, and remind them about the upcoming midterm election and to get them to the polls with compelling and cost efficient media. By utilizing its proprietary App Science® technology in combination with innovative custom ads that resonated with voters, Sabio helped the campaign reach more voters with fewer dollars and contributed to the nominee’s win.

The Pollie Awards and Conference is hosted by the American Association of Political Consultants and is one of the most prized and sought-after awards in the political communications and public affairs industries. The conference and awards ceremony was held in Napa, California in early April.

 

SOURCE Sabio

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ParallelDots Wins the Tech4Future Grand Challenge Powered by Invest India and SoftBank Group

Vlad Poptamas

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Team ParallelDots
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ParallelDots, Inc., an artificial intelligence company, has won the Tech4Future Grand Challenge powered by the Japanese conglomerate SoftBank and Invest India. The company has received a cash prize of USD 50,000. SoftBank has also invited ParallelDots for an incubation opportunity for 2-3 months in Japan.

The Tech4Future challenge was launched in November 2018 aimed at identifying the most promising Indian startups in the domain of artificial intelligence (AI), machine learning, facial recognition and cyber security sectors. A total of 300 startups applied for the challenge. ParallelDots’ Chief Executive Officer, Angam Parashar attributes the company’s success to the strong research and development capabilities of ParallelDots which is constantly pushing the boundaries of its retail AI platform, Karna AI.

Karna AI provides an image recognition solution to CPGs and Retailers to track key shelf KPIs such as share of shelf (SOS), planogram compliance and out of stock (OOS).

Ankit Narayan Singh, CTO at ParallelDots, said, “This recognition is a testament to the immense effort put by our machine learning engineers to create SKU detection algorithm that needs just one sample image to train. Our research work has been published in top AI conferences like NIPS, ISBI and NAACL.”

ParallelDots revenue has grown 5x in the last 12 months with a global clientele spread across multiple geographies including the United StatesEuropeSoutheast Asia and India. The company has raised $2 Mn from Multipoint Capital and hopes to break even by the end of 2019.

 

SOURCE ParallelDots

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