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DIRECT LENDING INVESTMENT ALERT: Bragar Eagel & Squire, P.C. Continues to Invest Direct Lending Income Fund, L.P. and Direct Lending Income Feeder Fund, Ltd. on Behalf of Unit Holders and Encourages Fund Investors to Contact the Firm

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NEW YORK–(BUSINESS WIRE)–#DirectLendingIncome–Bragar Eagel & Squire, P.C., a nationally recognized shareholder law firm, continues to investigate potential claims on behalf of investors that subscribed to limited partnership interests in Direct Lending Income Fund, L.P. (the “Partnership”) or Direct Lending Income Feeder Fund, Ltd. (the “Offshore Fund,” and collectively with the Partnership, the “Funds”) (for which Direct Lending Investments, LLC (“DLI” or “the Company”) acted as an investment adviser), from January 18, 2015 through March 19, 2019. Our investigation concerns whether DLI has violated the federal securities laws and/or engaged in other unlawful business practices.

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On March 22, 2019, the Securities and Exchange Commission (“SEC”) charged DLI with falsifying payment information for QuarterSpot, Inc. (“QuarterSpot”), resulting in the company’s overstatement of the valuation of its position in QuarterSpot by an approximate cumulative amount of $53 million, overstatement of the Fund’s returns between 2014 and 2015, and making $11 million in over-charges of management and performance fees to the Funds.

Specifically, the SEC alleged that Brendan Ross (“Ross”), DLI’s owner and then-chief executive officer, arranged with QuarterSpot to falsify borrower payment information for QuarterSpot’s loans and to falsely report to DLI that borrowers made hundreds of monthly payments when, in fact, they had not. The SEC alleges that many of these loans should have been valued at zero, but instead were improperly valued at their full value.

On March 19, 2019 DLI announced to Fund investors that its position in QuarterSpot may have been materially overstated for a period of years, and that, following the request of DLI’s management committee that he take a leave of absence, Ross had formally resigned all positions at DLI on March 18, 2019 and had ceded control to its management committee.

If you subscribed to limited partnership interests in the Funds, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Melissa Fortunato, Esq.

(212) 355-4648

investigations@bespc.com
www.bespc.com

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Business and Management

Pluxity Launches PLUG Kiosk for Comprehensive Spatial Information Service

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– It provides convenience service tailored for mobility handicapped people

SEOUL, South Korea–(BUSINESS WIRE)–#3DplatformPluxity, a plug-in solution provider based in Korea, announced on December 16, 2019 the launch of the PLUG Kiosk that provides 3D-based spatial information.

The PLUG Kiosk helps one easily find important facilities and stores by displaying spatial information in 3D maps. When a user chooses departing place, transit spots and destination, it intuitively shows the entire route.

It also offers various convenience services to customers who visit the site where the PLUG Kiosk is installed.

Equipped with a digital braille pad, it provides a system for mobility handicapped people including visually impaired persons as well as information on monitored quality of air, fine dusts and harmful gases using smart environmental sensor. And, the kiosk can be used by users with diverse statures as its height can be adjusted accordingly.

Featuring functions of guiding the way tailored for mobility handicapped people and visually impaired persons, it also can provide intuitive information based on easy-to-use interface and intuitive information based on 3D, identical services in diverse environments based on web standards, notices by surrounding facilities, and information on events depending on locations of users.

“PLUG Kiosks will initially be installed at areas congested with transient population, such as subway stations and airports, and we will expand available areas on phased basis for convenience of consumers,” said a manager at the company.

Earlier, Pluxity showcased the PLUG Kiosk at international trade events, including the Smart City Expo World Congress and IoT Tech Expo North America.

For further information on the PLUG Kiosk, please visit website of Pluxity (www.pluxity.com).

Contacts

Pluxity Co., Ltd.

Yoon Jae-min

+82-2-332-9002

biz@pluxity.com

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Business and Management

QInsure Goes Live with FINEOS Claims

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DUBLIN–(BUSINESS WIRE)–#AdminSuiteFINEOS Corporation (ASX:FCL), the market-leading provider of group and individual core systems for life, accident and health insurance, today announced that QInsure, the insurance arm of QSuper, one of Australia’s largest and most respected superannuation funds, has successfully gone live with FINEOS Claims.

The QInsure and FINEOS partnership will bring about changes focused on foundational operational uplift including improved, integrated and automated processes and workflow for claims covering life, TPD and income protection. Key highlights of the program included automatic payment calculations and FSC Code of Practice solutions that help case managers deliver on the insurance promise and meet regulatory obligations. The overarching philosophy focussed on member-centric claims outcomes including automated claims management with FINEOS embedded analytics and integrated generation of correspondence to members.

Speaking about the project, Chief of QInsure, Phil Fraser said, “We ran a comprehensive RFP and completed a lot of due diligence to choose FINEOS as our partner. The collaborative partnership has been extremely positive, and the project has delivered high quality results. We achieved this by both parties providing strong leadership and governance, working very closely across business and IT, and sticking assiduously to FINEOS’ comprehensive out of the box solutions. We are already seeing one of the key objectives of this program come to life in our streamlined claims processes, enabling our Claim Managers, to be freed up from routine administrative tasks to focus on providing even more excellent outcomes to QSuper members.”

Michael Kelly, CEO, FINEOS added, “This has been an exciting project for us in Australia and we have enjoyed working with QInsure to assist them improve their service even further. FINEOS has the market leading product and a very strong local team that has established trusted relationships with some of the largest and most respected insurers across the ANZ region – with well over 10,000 licensed users locally, our product helps process millions of claims each year. We pride ourselves on a laser-like focus on adding business value and are delighted to add Qinsure to the growing and thriving FINEOS community.”

About FINEOS Corporation Limited

FINEOS is a leading provider of core systems for life, accident and health insurers globally with 6 of the 10 largest group life and health carriers in the US as well as 6 of the largest life insurers in Australia. With employees and offices throughout the world, FINEOS continues to scale rapidly, working with innovative progressive insurers in North America, Europe, and Asia Pacific.

The FINEOS Platform provides clients full end to end core insurance administration and includes the FINEOS AdminSuite core product suite as well as add-on products, FINEOS Engage to support digital engagement and FINEOS Insight for analytics and reporting.

For more information, visit www.FINEOS.com

About QInsure

QInsure was established to exclusively provide Group Life Insurance policies for QSuper, so life insurance benefits can be provided to QSuper members as part of their superannuation membership.

QInsure, the first insurance company set up by a superannuation fund in Australia, was established on 29 July 2015 as a wholly owned subsidiary of QSuper Limited and commenced issuing life insurance policies from 1 July 2016. The company has ASFL and APRA licenses to operate as an insurance company, as well as an independent Board of Directors and Executive Leadership Team.

About QSuper

QSuper started with an Act of Parliament in 1912 creating the entity now known as the QSuper Group.

Over time, QSuper expanded to become the superannuation fund for all current and former Queensland public sector employees and their spouses and is now Queensland’s largest super fund and one of the largest in Australia. QSuper has grown its range of products and services, with its customer base is now numbering more than 585,000 with over $113 billion in funds under administration.

With the passing of legislation in 2016 that removed the restrictions on who is eligible to join the Fund, from 1 July 2017 QSuper was able to welcome more Australians to experience the QSuper feeling.

For more information, visit https://qsuper.qld.gov.au/

Contacts

Victoria Jamison

Marketing Manager

FINEOS Corporation

+ 353 1 639 9700

victoria.jamison@FINEOS.com

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Business and Management

Baidam Solutions Joins CrowdStrike’s Elevate Partner Program

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Partnership delivers next-generation endpoint protection to Indigenous communities, supporting education in Information and Communications Technology (ICT) sector

SYDNEY–(BUSINESS WIRE)–CrowdStrike® Inc. (Nasdaq: CRWD), a leader in cloud-delivered endpoint protection, today announced Baidam Solutions has joined the CrowdStrike Elevate Partner Program. Through this strategic partnership, Baidam Solutions will combine their offerings with CrowdStrike’s industry-leading endpoint protection platform to help customers stop breaches. The CrowdStrike Elevate Partner Program provides technology partners, solutions providers, system integrators and managed service providers with the capability to deliver bespoke solutions to customers.

Through the Elevate Partner Program, Baidam Solutions will offer CrowdStrike’s cloud-native Falcon platform, powered by Artificial Intelligence (AI), unified next-generation antivirus (NGAV), IT hygiene, endpoint detection and response (EDR), cyber threat intelligence, and proactive threat hunting for customers in Australia. Delivered via a single lightweight agent, the solution enables reliable prevention, detection, response and mitigation to all threats, including sophisticated malware-free intrusions, so that customers can spot and stop breaches quickly.

Baidam Solutions is CrowdStrike’s first Australian Indigenous channel partner and offers a unique go-to-market strategy. Phillip Jenkinson, chief executive officer and co-founder, Baidam Solutions, said, “We’re delighted to be working with CrowdStrike to bring the very best cybersecurity solutions to our customers. We are committed to helping to Bridge the Gap of Indigenous diversity and inclusion in the ICT sector. We believe that education, creating role models and pathways of employment for Indigenous ICT students is key to diversifying the IT security industry. Our partnership with CrowdStrike demonstrates how a reseller and a vendor can work together to deliver excellent results, while also creating role models for Indigenous students to follow.”

“We’re pleased to add Baidam Solutions to our roster of channel partners. Baidam’s record of not only delivering industry-leading network security and application security expertise, but of giving back to regional and remote communities through educational scholarships and funding for cybersecurity certification training makes them a perfect partner for both our products and our values,” said Geoff Swaine, regional vice president, Channel and Alliances Asia Pacific and Japan, CrowdStrike.

The CrowdStrike Elevate Partner Program provides technology partners, solution providers, system integrators and managed service providers with the capability to deliver bespoke solutions to customers. Joint customers of Baidam Solutions and CrowdStrike have access to combined, advanced capabilities that leverage all of the existing assets within a customer’s environment, allowing them to operate their security efforts in a more efficient and effective manner responding to security threats faster and with greater accuracy.

About Baidam Solutions

Established in 2018, Baidam Solutions Pty Ltd is an Australian owned and operated, Supply Nation Certified, information technology business. Baidam Solutions delivers industry leading network security and application security expertise, allowing organisations to achieve greater performance, productivity, and protection.

Baidam Solutions gives back to regional and remote communities through educational scholarships and funding for cyber security certification training.

By partnering with some of Australia’s largest employers, the company is able to provide secure employment options through the Baidam Initiative program. This program provides pathways to employment in the ICT security sector for First Nations people.

About CrowdStrike

CrowdStrike® Inc. (Nasdaq: CRWD), a global cybersecurity leader, is redefining security for the cloud era with an endpoint protection platform built from the ground up to stop breaches. The CrowdStrike Falcon® platform’s single lightweight-agent architecture leverages cloud-scale artificial intelligence (AI) and offers real-time protection and visibility across the enterprise, preventing attacks on endpoints on or off the network. Powered by the proprietary CrowdStrike Threat Graph®, CrowdStrike Falcon correlates over two trillion endpoint-related events per week in real time from across the globe, fueling one of the world’s most advanced data platforms for security.

With CrowdStrike, customers benefit from better protection, better performance and immediate time-to-value delivered by the cloud-native Falcon platform.

There’s only one thing to remember about CrowdStrike: We stop breaches.

Qualifying organizations can gain full access to Falcon Prevent™ by starting a free trial.

Learn more: https://www.crowdstrike.com/

Follow us: Blog | Twitter

© 2019 CrowdStrike, Inc. All rights reserved. CrowdStrike, the falcon logo, CrowdStrike Falcon and CrowdStrike Threat Graph are marks owned by CrowdStrike, Inc. and registered with the United States Patent and Trademark Office, and in other countries. CrowdStrike owns other trademarks and service marks, and may use the brands of third parties to identify their products and services.

Contacts

CrowdStrike Media Contact:
CrowdStrike, Inc.

Megan Guthrie +61407464121

Megan.guthrie@crowdstrike.com

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