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CSPI...Opened @ $36. Wow! Nerges must be jumping out of his boots. (I know I am). Nice accumulation. Post split puts him at approx 1.33M shares.
CSPI👍...CSP Inc. Announces 2-for-1 Stock Split in the form of a 100% Stock Dividend
LOWELL, MA / ACCESSWIRE / February 21, 2024 / CSP Inc. (NASDAQ:CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, today announced that the Board of Directors has approved and declared a two-for-one stock split in the form of a 100% stock dividend on the Company's outstanding common stock. Each stockholder of record as of the close of business on March 6, 2024 will receive one additional share of common stock for every share of common stock held.
The distribution date for the stock split, or the date on which new shares will be distributed from the Company's transfer agent, Equiniti Trust Company, LLC, will be March 20, 2024. CSPi's Common Stock is expected to trade on a post-split basis at the market open on March 21, 2024. Upon completion of the stock split, the Company expects to have approximately 9,753,900 shares outstanding.
In explaining the stock split Victor Dellovo, Chief Executive Officer, commented. "We believe the increased liquidity of CSPi shares resulting from this action will provide greater opportunities for institutional participation and enhance shareholder value at a time we are broadening our business prospects. The launch of our ARIA Zero Trust PROTECT offering is generating substantial interest, and the stock split reflects our confidence in the prospects for AZT and the rest of our business."
The Company also pays a quarterly cash dividend, which was recently increased by the Board of Directors, to $0.05 per share on a pre-split basis. The next quarterly dividend is payable on March 08, 2024, to shareholders of record on the close of business on February 26, 2024. The Company's quarterly cash dividend in the future will be set on a split adjusted basis.
https://finance.yahoo.com/news/csp-inc-announces-2-1-133000132.html
Thanks nelson...👍
CXDO/CSPI...Thank you BTuna. CXDO now goes in the record books as my #1 income stock of all time. And that is on just what I've sold, not counting what I still hold. However, I took on huge risk to get there...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173191105
Still hold approx 29% of my original position.
As for CSPI, all I can say is what a SOLID investment this has been through the years. Hweb fist turned me onto this company back in 2016 and I've followed and invested in them ever since...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=120047729
So a huge thanks to hweb too.
Things are starting to play out nicely on CSPI BTuna. Less and less speed bumps along the way and I think/hope we'll see $100+++ over the next couple years. Or maybe they'll just get bought out.
CXDO...📢⬆️💪...Another 52wk high today!!! Wonder if this has to do with the TELCLOUD agreement announced a couple days ago? No other news I can find other than earnings will be released on March 5.
CSPI...Backside of an all-time high!...cc transcript now available...
(Very positive Q&A)
https://www.insidermonkey.com/blog/csp-inc-nasdaqcspi-q1-2024-earnings-call-transcript-1259190/#q-and-a-session
ACDC...Registration Statement for Proposed Public Listing of Alpine Silica
WILLOW PARK, Texas, Feb. 15, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced that Alpine Silica Holding, LLC ("Alpine"), ProFrac's proppant production segment and wholly owned subsidiary, has confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of Alpine's common stock. The number of shares to be offered and price range for the proposed offering have yet to be determined. The initial public offering is expected to occur after the SEC completes its review process, subject to market and other conditions.
This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the "Securities Act") and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act.
https://finance.yahoo.com/news/profrac-holding-corp-announces-confidential-130000049.html
CSPI...Thank you gilead and I appreciate the points you have and do bring up. I have no plans of selling any shares this year (unless something drastically changes). CSPI is an excelent long term investment that is well run and truely cares about their shareholders.
CSPI...LOL. I'm listening also. I really like the fact they are going to use the Pharma deal as a top sales tool. That should be huge going forward. Also, sounds like Q2FY2024 will see a nice pop from that deal.
CSPI📢...Small net loss, nice cash, increase in dividend...CSP Inc. Reports Fiscal First Quarter 2024 Operating Results; Success of ARIA Zero Trust PROTECT Generates Immediate Interest Among Fortune 50 Companies
- Significant Business Momentum of AZT Demonstrated by Recently Awarded Multi-Million Dollar Contract with a Global Pharmaceutical Company
- Pace and Number of AZT Evaluations is Increasing as Organizations Seek to Protect Enterprises from Global Cyberattack Threats
- Quarterly Dividend Raised to $0.05 Per Share, Demonstrating Confidence of Sustained Positive Performance
LOWELL, MA / ACCESSWIRE / February 14, 2024 / CSP Inc. (NASDAQ: CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, today announced results for the fiscal first quarter ended December 31, 2023. The Company also announced that the Board of Directors declared and raised the quarterly dividend to $0.05 per share payable March 08, 2024, to shareholders of record on the close of business on February 26, 2024.
Recent Achievements and Operating Highlights
- Secured multi-million dollar contract for ARIA Zero Trust PROTECT offering with a global pharmaceutical company, increasing the Company's visibility among the Fortune 50 companies
- Continued enthusiasm of ARIA Zero Trust PROTECT offering remains high and continues to generate growing interest among small, mid and large scale companies and organizations with OT environments
- Awarded (renewal) a multi-million five-year service contract to provide IT managed services to south Florida higher education institution providing two- and four-year degrees to the community of South Florida
- Partnered with a leading cybersecurity advisory firm and reseller, which serves around 6,000 companies worldwide, to drive greater adoption of ARIA Zero Trust PROTECT
- Continues to maintain a robust balance sheet, enabling the Company to raise the quarterly dividend and leverage its resources to finance certain large customer orders at preferable interest rates
"We are excited with the early success and demand of the ARIA Zero Trust PROTECT offering, surpassing our initial expectations and culminating in the first multi-million dollar contract with a global pharmaceutical corporation," commented Victor Dellovo, Chief Executive Officer. "We believe the initial achievements of the AZT offering, coupled with high customer satisfaction, are greatly enhancing our reputation and allowing us to compete at the highest level, and among some of the largest companies and organizations in the world as they seek to protect their enterprises from cyberattack threats. We continue to believe this is a significant and game-changing development for the HPP business and remain cautiously optimistic as we move through the fiscal second quarter and second half of the year. Our objective is to continue to build the sales funnel and prioritize leads, which is expected to increase exponentially as we host and attend more industry events to elevate the capabilities of the AZT offering. Additionally, the continued partnership with leading resellers enables us to leverage their knowledge, expertise and reach to further accelerate the adoption of AZT.
We also continue to be pleased with the overall performance of the Technology Solutions business as it secured a five year multi-million dollar managed services renewal contract with a south Florida college, plus an additional five-year option, at prices higher than the renewal.
I believe these recent accomplishments, across both businesses, and the Board's decision to increase the quarterly dividend demonstrate that we remain positioned to achieve far greater success as the representative dollar value of the new business pipeline is higher today compared to any other time in our Company's history."
Fiscal 2024 First Quarter Results
Revenue for the fiscal first quarter ended December 30, 2023, was $15.4 million compared to revenue of $18.3 million for the fiscal first quarter ended December 31, 2022. The Company had expected to close several orders by the end of the fiscal first quarter, however, these were pushed out due to the holidays and were subsequently signed in the fiscal second quarter. Gross profit for the three months ended December 31, 2023, was $4.1 million, or 26.6% of sales, compared to $5.8 million, or 31.7% of sales. The Company reported a net loss of $(73,000), or $(0.02) per diluted common share for the fiscal first quarter ended December 31, 2023, compared to net income of $1.0 million, or $0.21 per diluted common share for the fiscal first quarter ended December 31, 2022.
The Company had cash and cash equivalents of $25.6 million as of December 31, 2023, compared to cash and cash equivalents of $25.2 million as of September 30, 2023.
Conference Call Details
CSPi Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call at 10:00 a.m. (ET) today, February 14, 2024, to review CSPi's financial results and provide a business update. To listen to a live webcast of the call, the event link is https://www.webcaster4.com/Webcast/Page/2912/49904. Individuals also may listen to the call via telephone, by dialing 888-506-0062 or 973-528-0011and use the Participant Access Code: 606441 when greeted by the live operator. For interested parties unable to participate in the live call, an archived version of the webcast will be available for approximately one year on CSPi's website.
GTEC...Greenland's Board Approves Spin-off and Creation of Pureplay Industrial EV Company
EAST WINDSOR, N.J., Feb. 14, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company") today announced that the Company's Board of Directors (the "Board") had approved a spin-off of its drivetrain systems business, and approved a plan to separate its electric industrial vehicles and drivetrain systems segments into two independent, publicly-traded companies. The Company expects to create these companies through a tax-free spin-off of its drivetrain systems segment to the Greenland shareholders. There are no guarantees the contemplated spin-off will occur or that it will occur on the anticipated timeline given economic conditions and changes in the financial markets.
The Board previously authorized a review of Greenland Technologies' business portfolio and capital allocation options, with the goal of enhancing shareholder value. As a result of this review, the Board concluded that the separation of the drivetrain systems business from the remainder of Greenland Technologies, as a pure play, stand-alone company is the most attractive strategic option for growth and enhancing shareholder value.
After the proposed spin-off, Greenland will be solely comprised of the Company's current industrial electric vehicle business under its HEVI brand. Under the Board-approved strategic plan, Greenland's existing drivetrain systems for material handling machineries and vehicles would operate post-spin-off as a separate, independently managed and publicly traded company on the OTC market. Current Greenland shareholders will continue to own and trade shares with no change. They will also receive a to be determined allocation of shares in the new spin-off company comprised of the non-industrial EV operations.
Raymond Wang, CEO of Greenland, commented, "Greenland has benefited financially, strategically and operationally from our integrated business structure. However, our success has not been appropriately reflected in our share price due to concerns regarding the global exposure of our business in an increasingly volatile geopolitical environment. At this time, however, we have reached a critical mass in our industrial electric vehicle business, following the rebranding under the HEVI name. After careful review, analysis and discussion, the Board believes the proposed new strategic structure will best allow our teams to focus and to further maximize the return on investment ("ROI") of our investments given the expected growth of the industrial electric vehicle market. We look forward to updating you as we make progress on the spin-off and will provide additional details as we continue to prioritize unlocking value for all shareholders."
https://finance.yahoo.com/news/greenlands-board-approves-spin-off-120000410.html
CSPI📢...💪ARIA Cybersecurity Inks Major Reseller Agreement to Drive Adoption of Breakthrough OT Cybersecurity Solution
Industry leading cybersecurity reseller to dramatically expand availability of AZT PROTECT
BOSTON, MA / ACCESSWIRE / February 13, 2024 / ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPi), has partnered with one of the world's top-three cybersecurity solution integrators to accelerate adoption of ARIA's unique solution for securing operational technology (OT) environments - AZT PROTECT®. This new agreement represents a major endorsement for AZT PROTECT as the industry's leading solution for protecting critical infrastructure in sectors such as manufacturing, pharmaceuticals, energy, and utilities.
The leading cybersecurity advisory firm and reseller, which serves around 6,000 companies worldwide, added AZT PROTECT to its portfolio after identifying a gap in its offering for OT customers. Thanks to this new agreement, it can now offer an integrated solution for OT environments that offers protection against the most advanced zero-day and supply chain attacks, responding to the rapidly growing number of successful cyberattacks targeting critical infrastructure. It will add the new offering to their existing range of managed monitoring and professional services.
Unlike leading next-generation antivirus (NGAV) and endpoint detection response (EDR) solutions - designed for IT rather than OT - AZT PROTECT does not require constant internet connectivity or rely on constant security patching, making it suitable for "air gapped" environments. It augments these other solutions by reducing application vulnerability exploits to near zero. Thereby neutralizing attacks in real time before they cause harm, using a revolutionary AI-driven patented technique for analyzing executable code, scripts, and processes.
"The new agreement allows us to multiply our sales reach 100x, which will dramatically help accelerate adoption of AZT PROTECT across multiple industries, meeting the urgent need to protect OT environments," says Gary Southwell, General Manager of ARIA Cybersecurity. "This is a strategic partnership with an established leader in the cybersecurity industry with a proven track record of bringing innovative cybersecurity solutions to thousands of companies around the world."
Launched in July 2023, AZT PROTECT is being deployed by companies in a range of industrial settings that use OT to manage critical infrastructure. ARIA Cybersecurity solutions recently announced the roll out of AZT PROTECT at a top 5 pharmaceutical manufacturer to protect its critical production applications, joining a fortune 500 chemical company, a western intelligence agency, along with Logi-Tech, a leading Australian local managed security service provider (MSSP).
DBGI...What a day!!!...I only have approx 8.75% of my shares left. This has been such a good stock for me since day one I traded it.
Nice to be up on such a down day in the total market.
DBGI...Thank you hweb. DBGI's market Cap is still only approx $12M. Crazy. I'll tell you what, between CXDO & DBGI the IRS is going to LOVE me this year after what I've sold so far. (unless I find some losses along the way). LOL. Damn. Gotta try and hold the rest. (CXDO is still approx 30% of my portfolio and I've sold approx 80% of my DBGI).
Well, like they say, profit is profit.
I'm sitting at an all-time high right now, both myself & my portfolio. 😎
CSPI reports tomorrow. Even though I have good profits in my CSPI holdings, would love to hear good forward guidance so I can feel comfortable holding into 2025 no mater what earnings are.
Looking forward to the report & the cc.
CXDO📰...Crexendo and TELCLOUD Enter into a Strategic Partnership Agreement
Providing Next Generation POTS Lines for Crexendo Partners Network
PHOENIX, AZ / ACCESSWIRE / February 13, 2024 / Crexendo, Inc. (NASDAQ:CXDO) ("Crexendo" or the "Company"), an award-winning, premier provider of cloud communications platform and services, video collaboration and managed IT services with over four million users, and TELCLOUD, a Communication Platform as a Service (CPaaS) Provider for Telecommunication Providers, today announced the launch of its new POTS (Plain old Telephone Service) Replacement platform powered by TELCLOUD.
The FCC has mandated that carriers must transition away from POTS lines. Crexendo has partnered with TELCLOUD to offer its partners a world class solution to affect the transition. "The TELCLOUD white-labeled POTS replacement solution is an indispensable addition for our partners. With critical applications in Fire Alarms, Security Alarms, and Elevators, the demand for a seamless alternative service is more pressing than ever", said Jeff Korn, CEO of Crexendo. "Our platform not only addresses this challenge but also goes beyond, providing white-labeled POTS Line Replacement with cutting-edge communications services, ensuring uninterrupted service for mission-critical applications. Furthermore, with direct integration into the Netsapiens platform, our partners gain a competitive edge, enabling them to deliver the market's foremost POTS Replacement Solution".
Korn continued "We're excited to introduce our new POTS Replacement powered by TELCLOUD to our community of over 220 platform partners., Local Exchange Carriers are currently imposing exorbitant price hikes on traditional dial tone, reaching up to a staggering 1000%, the market's appetite for a seamless and cost-effective alternative is growing exponentially. Our POTS Replacement offering emerges as a beacon of affordability and dependability, providing our partners with a strategic advantage in delivering advanced solutions to their clients."
"We are delighted to partner with Crexendo to bring our POTS line replacement solution to a broader audience," said Jake Jacoby, CEO of TELCLOUD. "By integrating our innovative solution with Crexendo's fastest-growing UCaaS platform with over 4 million users, we are unlocking unprecedented possibilities for businesses seeking a seamless transition from traditional POTS lines. This collaboration not only reinforces our commitment to delivering cutting-edge communication solutions but also amplifies our collective capacity to meet the evolving needs of a dynamic market. Together, we are poised to redefine the landscape of telecom services by offering a reliable, scalable, and technologically advanced POTS replacement solution that will undoubtedly elevate the communication experiences of businesses and end-users alike."
TELCLOUD also recently exhibited and demonstrated its Communication Platform as a Service at the Crexendo User Group Meeting, A NetSapiens Platform Event, which occurred in October 16-19, 2023.
https://finance.yahoo.com/news/crexendo-telcloud-enter-strategic-partnership-140000777.html
DBGI...WOW...WHAT A RUN!!!..Sold 60% of my shares (Avg approx $8).
DBGI...OMG !!!! NICE !!! ⬆️👍👍
GTEC...Greenland Announces Major Purchase Agreements; East Energy Agrees to Purchase GEL-1800 and GEL-5000 from HEVI
EAST WINDSOR, N.J., Feb. 13, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced East Energy, through its subsidiaries Carolina Poultry Power RG2, LLC and Carolina Poultry Power RG3, LLC, has agreed to purchase multiple zero operating emissions, electric industrial machines from Greenland's HEVI. Under the purchase agreements, East Energy will purchase two GEL-5000s and one GEL-1800, with delivery of the all-electric loaders scheduled for later this year.
HEVI's GEL-5000 is a 5.0 ton rated load all-electric lithium wheeled front loader that boasts strong power, approximately 40,000 pounds operating weight and increased payload options, making it a clean, green front loader with 9 hours of operation time per charge. With a long list of sustainability, performance, comfort, maintenance and safety features, the GEL-5000 all electric front loader is ideal for both indoor and outdoor usage. It is perfect for on-site applications in industries ranging from agriculture, urban construction to waste management and property management. Customers can learn more about the GEL-5000 Electric Wheel Front Loader or schedule a demo at www.gethevi.com.
HEVI's GEL-1800 all-electric loader is powered by an environmentally-friendly 141 KWh lithium battery. The GEL-1800 answers some of the biggest issues facing modern facility managers, with its clean and sustainable power, zero operating emissions, and both 60% less operating noise and lower maintenance costs compared to diesel internal combustion vehicles. It is currently available for sale in the United States market. Customers can learn more about the new GEL-1800 Electric Loader or schedule a demo at www.gethevi.com.
Raymond Wang, CEO of Greenland, commented, "We are thrilled to share the news of major purchase agreements with East Energy. Our mutual dedication to environmentally friendly and sustainable business practices aligns seamlessly. As the CEO, it brings me immense pride to witness the growing popularity of our all-electric industrial vehicles, which boast zero emissions. The positive response from customers highlights the increasing momentum of our sleek and powerful industrial electric vehicles. We are committed to building on our impressive track record of innovation as we continue to bring customers excellent performance in a more environmentally-friendly vehicle."
"Our GEL-1800 and GEL-5000 models are setting new standards, offering operators numerous advantages, such as simplicity in maintenance, zero operating emissions, and an enhanced overall experience. These industrial electric vehicles we purpose designed to both elevate performance and contribute to a greener environment in a wide range of applications, including construction, mining, agriculture, industrial and more. We are delighted to witness the success of our efforts in creating vehicles that not only improve working conditions for operators but also significantly reduce the cost of ownership."
About East Energy
East Energy's projects are best-in-class in the biomass sector. Digesters and solar are under development. East Energy's build-and-own strategy is designed to integrate the relationship between waste diversion, clean power production, good jobs and strong community involvement. East Energy applies vast experience and outstanding legal, engineering, financial and regulatory resources, while its sister company East Energy Operations has a deep bench and decades of experience operating renewable energy assets. All information about East Energy has been reviewed and approved by East Energy. For more information visit www.eastenergyrenewables.com.
About Greenland Technologies Holding Corporation
Greenland Technologies Holding Corporation (NASDAQ: GTEC) is a developer and a manufacturer of drivetrain systems for material handling machineries and electric vehicles, as well as electric industrial vehicles. Information on the Company's clean industrial heavy equipment division can be found at HEVI Corp.
CSPI...Nice. Hope you made a mint. I'm just in no hurry to sell any CSPI at this time because I already have a lot of gains this year from selling part of my CXDO.
CXDO is still my number one position with CSPI currently @ #2, and AESI #3.
Looking forward to CSPI earnings, and even if the price slips, I still see a lot of long-term potential here.
We'll see how things look in a couple days.
DTST...Bought back my shares in Jan after selling for a write off last year. Averaged back in @ $3.06.
ACDC...ProFrac Holding Corp. Announces Its 2024 Operational and Strategic Priorities
WILLOW PARK, Texas, Feb. 12, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announces its 2024 operational and strategic priorities. These priorities are the natural next steps following the Company's efforts in the second half of 2023 to drive an increase in fleet count by pursuing dedicated contracts with operators and to unlock the potential of the proppant production segment through higher contracted volumes and a reduction in mining costs per ton.
Matt Wilks, Executive Chairman, said, "Ladd and I are excited to personally have a higher focus and direct involvement with our operations, and look forward to working with Jeremy Spriggs, who will now lead our operations functions on an interim basis. These changes are reinforcing our commitment to our goals and larger strategic vision, which will emphasize three critical components of our business: higher utilization, an incredible customer experience, and the industry's lowest per unit costs."
https://ih.advfn.com/stock-market/NASDAQ/profrac-ACDC/stock-news/93256550/profrac-holding-corp-announces-its-2024-operation
CSPI...New ALL-TIME HIGH set today!!⬆️
CSPI....Yes, STRONG news heading into earnings this week!!!
CSPI...💪🏽😎👍
AESI...🤙Looking forward to earnings. Today's news...Atlas Energy Solutions Announces 5% Increase in Quarterly Cash Dividend
AUSTIN, Texas, February 09, 2024--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) ("Atlas" or the "Company") today announced that the Board of Directors (the "Board) has declared a dividend of $0.21 per outstanding share of Atlas common stock, to be paid on February 29, 2024, to holders of record of our common stock at the close of business on February 22, 2024. This represents a 5% increase from the prior quarter’s dividend.
https://finance.yahoo.com/news/atlas-energy-solutions-announces-5-000500470.html
CSPI...Valentines Day earnings report this year💕...Hoping for some love...
CSPi to Announce Fiscal First Quarter Results on February 14, 2024
LOWELL, MA / ACCESSWIRE / February 6, 2024 / CSPi (NASDAQ:CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, announced that it will issue its fiscal 2024 first quarter financial results before the open of the market on Wednesday, February 14, 2024.
CSPi President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call at 10:00 a.m. ET that day to review the financial results and provide a business update. To listen to a live webcast of the call, the event link is https://www.webcaster4.com/Webcast/Page/2912/49904. Individuals also may listen to the call via telephone, by dialing 888-506-0062 or 973-528-0011and use the Participant Access Code: 606441 when greeted by the live operator. A replay of the webcast will be available for approximately one year on the CSPi website.
CXDO...Doug Gaylor, President & COO..."I couldn't be more bullish about where we are today and the opportunities ahead in 2024. We're looking forward to having a fantastic year."
..."Extremely optimistic."
..."Got a lot of momentum going on within the organization."
..."No shortage of demand for our products and services."
..."Industry ripe with opportunity."
https://24387091.fs1.hubspotusercontent-na1.net/hubfs/24387091/Crexendo_Part_2_1_25_2024.mp4
https://www.cloudcommunications.com/podcasts/crexendo-outpaces-market-podcast
CSPI...ARIA Cybersecurity Calls for New Approach to Securing Operational Technology from Sophisticated Cyberattacks
BOSTON, MA / ACCESSWIRE / January 31, 2024 / ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has warned of the rapidly escalating cybersecurity risks facing companies with operational technology (OT) in the manufacturing sector. In a new webinar, "How to Safeguard Your OT Environment", Gary Southwell, chief executive of ARIA Cybersecurity is joined by Jim LaBonty, formerly Global Head of Automation Engineering at Pfizer Inc. They discuss how current passive and active cloud-based cybersecurity solutions are failing to guard against a new era of AI-enabled attacks-creating substantial financial, regulatory, and reputational risks in manufacturing sectors such as pharmaceuticals.
The webinar, which occurred on January 24, 2024, demonstrates how ARIA Cybersecurity's breakthrough solution for protecting OT environments, AZT (ARIA ZERO TRUST) PROTECT, would stop the SolarWinds attack and other recent high-profile attacks on critical infrastructure where existing defences have failed.
"ARIA's AZT PROTECT deploys quickly, requires no rebooting, and supports the legacy operating systems common in the pharma industry," notes Jim LaBonty. "It automatically protects their production applications and operating systems without the need for security patches."
The webinar covers:
Why today's cybersecurity solutions need to be augmented in the OT world. Passive solutions are required but are unable to stop zero-day and sophisticated attacks, while cloud-based next-generation antivirus (NGAV) solutions, imported from the IT world, are proving insufficient to protect complex OT environments from the sophisticated attacks. This is leaving OT open to supply chain-based attacks, sophisticated intrusions, and application-level attacks.
Why constant patching is unsustainable and ineffective? Patching is the only current defense against application-level exploits , but patching disrupts production and only guards against known common vulnerabilities and exposures (CVEs). As patches are only available for less than half the known CVEs at any point in time, and cannot address unpublished exposures, this large unpatched surface is leaving OT production applications highly exposed.
Why the SolarWinds attack was a watershed moment. Existing IT/OT protections were powerless to stop the havoc caused across the SolarWinds supply chain in 2020. Software-based supply chain attacks of this nature have proliferated in the period since, now running at around 700 per year.
How "Dark AI" is being harnessed to exploit new vulnerabilities at great speed. Sophisticated attackers are using so-called "Dark AI" to rapidly iterate the indicators of compromise (IOCs) within their cyberattacks, allowing them to become polymorphic and able to bypass NGAV defenses.
Why OT cybersecurity defenses must prepare for the unknown. For example, security researchers recently highlighted a set of completely new process injection techniques targeting the Windows OS. These were found to be fully undetectable when tested against five of the leading cloud based NGAV solutions. By contrast, AZT PROTECT stops them all out-of-the box, without requiring updates.
Launched in July 2023, AZT PROTECT is being deployed in industrial settings that use OT to manage production infrastructure supporting functions such as energy, utilities, manufacturing, and distribution. A major Fortune-500 chemical manufacturer recently rolled out AZT PROTECT to protect its critical production applications. The solution is also being deployed by a western intelligence agency to protect its critical intelligence gathering and analysis operations from cyberattack.
Unlike leading NGAV and endpoint detection response (EDR) solutions, AZT PROTECT is custom-built for OT environments, offering protection against the most advanced zero-day and supply chain attacks, without the need for daily cloud updates and constant security patching. It reduces the risk of application vulnerability exploits to near zero by neutralizing attacks in real time before they cause harm, using a revolutionary AI-driven patented technique for analyzing executable code, scripts, and processes.
"Our latest webinar explores the challenges of securing OT environments such as the production floors of pharmaceuticals, which typically feature legacy OS equipment, limited computing capacity, and cannot be taken offline monthly," says Gary Southwell. "Existing solutions are proven to not fully protect these valuable OT assets from a new style of cyberattack, as well as being complex to deploy and update. AZT PROTECT is the perfect complement to these existing defenses; it is up and running within minutes, requires no staff training or expertise, and provides protection against all forms of cyberattack, both known and unknown."
To access the full webinar, please visit:
https://info.ariacybersecurity.com/webinar-safeguard-ot-environments
CSPI📢...CSPi Technology Solutions Wins A Five-Year, Multi-Million Dollar, Managed Services Contract of a Prominent Florida Public College
The company will provide proactive managed services for critical infrastructure across all campus locations.
DEERFIELD BEACH, FL / ACCESSWIRE / February 1, 2024 / A CSPi (NASDAQ:CSPI) business, CSPi Technology Solutions, a leading provider of IT solutions and services, announced today that it has been awarded a five-year, multi-million dollar contract to provide managed services for a prominent Florida public college, one of the largest and most diverse institutions of higher education in the nation. CSPi Technology Solutions will deliver proactive monitoring, management, and support for the college's critical infrastructure, including network, security, and private cloud services.
"We are thrilled to continue our partnership with this significant Florida public educational institution and help them achieve their strategic goals of enhancing student success, advancing academic excellence, and strengthening community engagement," said Nick Monfreda, Vice President, Managed and Strategic Services. "Our managed services will ensure that the college's IT infrastructure is reliable, secure, and scalable, enabling them to deliver high-quality IT services to their students and faculty across all campus locations."
The renowned public institution in South Florida was challenged to maintain its infrastructure and consistent IT management and security as the technology realm continues evolving. They were seeking a vendor to manage, monitor, and protect their cross-campus system. "I truly appreciate the commitment to our long-term partnership shown by the College, and I want thank the MSP team for their hard work and dedication." said Victor Dellovo, CEO of CSPi.
CSPi Technology Solutions was selected for its managed services technical abilities and Vital™ Managed IT Services' customizable offerings. In addition, CSPi employs a team of highly experienced professional services engineers who support MSP clients with complex technical escalations and additional IT architecture needs.
About CSPi Technology Solutions
CSPi Technology Solutions is a solution provider with expertise and service scope that includes managed IT services, professional IT services, and cloud services to architect and manage a high-performance, highly available, and highly secure IT infrastructure for our clients. CSPi partners with technology leaders to deliver innovative IT solutions to address clients' technical requirements that produce desired business outcomes.
CSPi Technology Solutions team of engineers has expertise across major industries. The engineers hold specialized certifications for various technologies, including networking, wireless & mobility, unified communications & collaboration, data center, and advanced security. For more information, please visit www.cspitechsolutions.com.
GTEC...Greenland Technologies Announces Power Tech Equipment Repair Has Joined HEVI's Approved Service Provider Network Program
EAST WINDSOR, N.J., Jan. 30, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that Power Tech Equipment Repair ("Power Tech") has joined Greenland's rapidly expanding HEVI Authorized Service Provider (ASP) national network program to support increased demand for the Company's growing HEVI electric industrial vehicle product line.
For more than 20 years, Power Tech has been the trusted construction equipment repair, hydraulic repair and aerial platform repairs service of Elkton, Maryland. Power Tech prides itself on always providing quality, efficient repairs that last. Power Tech believes it has the experience to complete every job safely, and has gained a reputation for reliable services.
Raymond Wang, CEO of Greenland, commented, "We developed a very good understanding of the Maryland market as we investigated strategic options for our production facilities. This ultimately positioned us to win an important bid last year from Maryland's Port of Baltimore, under which Greenland will help facilitate the Port of Baltimore's ambitious plan to electrify port equipment, including planned sales of the Company's new GEL-5000 all-electric front loader. Given the strategic importance of Maryland, it made perfect sense to partner with Power Tech. We expect this to be a core growth market for us as we work to accelerate sales of our electric industrial vehicles. Having a trusted, local partner that can provide reliable maintenance and repair services gives us another competitive advantage, which we expect will be a positive factor and sales catalyst as more customers make the move to electric industrial vehicles."
"Power Tech is excited to announce our partnership with HEVI, a pioneer in the electric heavy equipment sector. As an authorized service provider for this brand, we are aligned with their vision for a cleaner, greener future and are proud to contribute to the transition of fleets towards sustainable and efficient clean equipment," said Power Tech's Nicole Crick.
CSPI...Up another $2 today on higher volume!!...Hweb, you see anything that would spike this over the past couple days? I love it but can't find any news. Earnings are due out in approx 3 weeks.
CXDO...⬆️⬆️⬆️⬆️🍻
SRTS...Nice move!! Up a strong clip this morning. I don't own this one any more but still have on the watch list.
GTEC...Greenland Technologies Announces Amerit Fleet Solutions has Joined HEVI's Approved Service Provider Network Program
EAST WINDSOR, NJ., Jan. 23, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that Amerit Fleet Solutions ("Amerit") has joined Greenland's HEVI Authorized Service Provider (ASP) network program to support increased demand for the Company's growing HEVI electric industrial vehicle product line.
Amerit Fleet Solutions is a leading a provider of customized nationwide fleet maintenance and repair programs, with a footprint of more than 1,800 service locations and more than 2,200 trained technicians to provide prompt, efficient and reliable preventative maintenance, inspections and warranty repairs to customers across the United States. Amerit's team of highly skilled technicians and managers provide maintenance and repair programs for over 285,000 assets to improve clients' fleet uptime, safety, and reliability.
Raymond Wang, CEO of Greenland, commented, "We are excited to announce our partnership with Amerit, renowned for its exceptional reputation and proven track record in fleet maintenance and repair services. This collaboration underscores our commitment to delivering unparalleled quality and service excellence to our growing customer base. As we join forces with like-minded partners, we are rapidly building a comprehensive nationwide Authorized Service Provider (ASP) network program. This important ASP network program gives added confidence to our customers by offering access to trusted local providers, thereby serving as a pivotal catalyst in propelling our momentum and facilitating the continued expansion of sales for our cutting-edge electric industrial vehicles."
"We are confident that the ongoing expansion of our robust local ASP network program not only provides a substantial strategic edge but also enhances our competitiveness," added CEO Wang. "We are establishing a powerful national market presence, which further amplifies the attractiveness of selecting our cutting-edge, high-performance electric industrial machines within the sustainable HEVI product line."
Dan Williams, CEO of Amerit, commented, "We are thrilled to formalize our partnership as a HEVI Authorized Service Provider within this rapidly expanding network program. HEVI has excelled in engineering a high-performance electrical industrial vehicle product line. We fully support the Company's vision and plans for growth, as customers increasingly transition to electric industrial vehicles driven by considerations such as return on investment, performance, and environmental impact. We have carefully built our own impressive national service footprint, with technicians now at the ready to provide HEVI's customers with the superior level of efficient and reliable preventative maintenance, inspections and warranty repairs we are known for."
About Amerit Fleet Solutions
Amerit's trusted and respected team of fleet maintenance professionals leverage a nationwide infrastructure paired with electric and alternative fuel expertise, to provide custom-built maintenance programs to fleets across the country. Amerit's team of highly skilled technicians and managers provide maintenance and repair programs for over 285,000 assets to improve clients' fleet uptime, safety, and reliability. Amerit's comprehensive and innovative service solutions, paired with a customized approach driven by core values of partnership and integrity, delivery peace-of-mind to customers while keeping their assets on the road, anywhere across the country. For more information, please visit www.ameritfleetsolutions.com
CXDO...Crexendo(R) Breaks Records with Outstanding 36% User Surge in 2023 - Nearly Double the Industry Average, Wins Frost & Sullivan Leadership Award
While Also Reporting 52% Year-Over-Year Total Revenue Growth in Third Quarter Financials
PHOENIX, AZ / ACCESSWIRE / January 23, 2024 / Crexendo, Inc. (NASDAQ:CXDO) ("Crexendo" or the "Company"), an award-winning, premier provider of cloud communications platform and services, video collaboration and managed IT services with over four million users, today announced that it has won Frost & Sullivan's 2024 Competitive Strategy Leadership Award for outstanding achievement in cloud communications.
Cloud-Communications service providers seek partners that are committed to rapid innovation and align their technology roadmaps with important mega trends, including hybrid work, mobility, AI-powered services, and API-driven workflow automation.
"Crexendo's approach delivers on this and enables providers to maintain greater control of their commercial model and the user experience, increase brand equity, and operate at larger profit margins compared to competitor solutions," said Elka Popova, Vice President of Connected Work Research at Frost & Sullivan.
Expanding on the recognition of the award, Elka later added, "Crexendo-powered providers have access to powerful APIs enabling them to tailor solutions to specific customer needs and, when combined with Crexendo's rapidly expanding partner ecosystem, the results enable its service providers to offer even more differentiated solutions." "The Service Providers also have complete flexibility in how they brand their offerings, which enables providers to assume full ownership of the customer relationship, something they don't typically get from the larger platform vendors."
"We are very proud of this recognition from Frost and Sullivan who is the premier analyst firm in the industry. This firmly validates our strategy and execution. Frost and Sullivan has confirmed that we are disruptors in a multi-billion-dollar industry and boldly asserts our important role in the future of cloud communications. We are relentlessly pushing boundaries, fearlessly innovating, and decisively shaping our industry", said Jeff Korn, Crexendo ® CEO. "This isn't a mere chapter; it's an emphatic testament to our leadership position in the cloud communications industry. I could not be prouder of our team whose unwavering commitment to excellence both in product and support has brought us to this impressive milestone."
CSPI...Unusually high volume on CSPI this morning as it continues to inch up. Not sure if there is any news out there, but none that I can find.
CXDO...📢Another 52wk HIGH...Check out this 3 month chart...
https://finance.yahoo.com/quote/CXDO?p=CXDO
CXDO...⬆️Up in the $5's again. It' been full steam ahead!!! Seems to be strong accumulation lately.
Sold approx 48% of my original position (as of today) and CXDO is still 45% of my portfolio. 💪🙂
GTEC...Up a cool 8% today. Nice.😎🤙
CXDO📰...A Journey to Four million Users: A Case Study in Mastering the Art of Community Cultivation
10 Jan, 2024
In the ever-evolving landscape of digital communication, community building has become a pivotal factor in the success of technology platforms. One shining example of this is the recent announcement by Crexendo® on its NetSapiens® platform community, a vibrant hub that has rapidly grown to encompass over four million users. This blog delves into the crucial role of cultivating a community and how it has spearheaded the platform's meteoric rise.
Understanding the Foundation:
When Crexendo® acquired NetSapiens® back in 2021 it quickly realized that it had just inherited a community like no other which already had over one million users, this set the stage for a transformative journey that would redefine the way we communicate. Fast forward to December 2023, and the global user count has skyrocketed to an impressive four million, underscoring the platform's and its community's remarkable capacity to revolutionize a multi-billion-dollar industry. This remarkable growth is not only a testament to the platform's inherent strengths but also to the strategic synergy brought about by Crexendo's financial robustness as a publicly traded company. The fusion of financial stability, coupled with a strategic vision and execution, forms the bedrock of a steadfast foundation that guarantees a promising future for the NetSapiens® platform community.
The Power of Community Cultivation:
Crexendo® recognized that beyond providing innovative communication solutions, the real strength lies in fostering a vibrant and engaged community. By creating open communication channels, offering educational resources, and maintaining a responsive support system, Crexendo® has cultivated an environment where users collaborate, share insights, and collectively elevate the platform's capabilities. This community-driven approach is a testament to the platform's commitment to continuous improvement. Through a genuine commitment to incorporating user feedback into the development process, Crexendo® has empowered its community, turning them into active contributors to the platform's success. The bonds formed within this community not only enhance individual user experiences but also propel the NetSapiens® Platform to new heights, making it a shining example of how the power of community can drive innovation and growth.
Open Communication Channels:
Prior to the acquisition NetSapiens® laid the foundation for community growth by establishing open and accessible communication channels. Now as part of Crexendo® it has Online forums, social media groups, and dedicated community spaces providing users with a platform to share insights, seek assistance, and engage in meaningful discussions. This open dialogue facilitated the exchange of ideas and best practices, creating a dynamic environment for learning and collaboration.
Education and Training:
Empowering users through education and training has been a cornerstone of Crexendo’s community strategy. Regular webinars, workshops, and tutorials were conducted to equip users with the knowledge and skills needed to maximize the platform's capabilities. This commitment to continuous learning not only enhanced user proficiency but also strengthened the bonds within the community.
Responsive Support System:
A responsive support system is essential for community satisfaction. Crexendo’s prioritized customer support, ensuring that users received prompt assistance and resolutions to their queries. This not only addressed immediate concerns but also built trust and loyalty among the user base.
Community-Driven Development:
In the dynamic journey towards amassing four million users, Crexendo® distinguished itself by wholeheartedly adopting a community-driven approach to product development. Actively seeking and incorporating user feedback and suggestions into regular platform updates, forging a collaborative model that not only elevated the platform's functionality but also instilled a profound sense of ownership among its users. At the core of this evolution were over 240+Developer APIs playing a pivotal role, acting as a conduit for community-driven development. These APIs empowered users to contribute seamlessly to the platform's enhancement by building custom integrations, applications, and solutions, thereby bridging the gap between the platform's existing capabilities and the diverse needs of its user base.
Furthermore, the strategic inclusion of over 400 CRM integrations underscored Crexendo’s commitment to versatility and user-centricity. These integrations not only streamlined workflows but also provided users with a seamless experience, highlighting how a robust community, innovative technologies, and a comprehensive integration ecosystem can synergize in propelling Crexendo® to unparalleled heights in the realm of communication platforms.
Conclusion:
This success is not just measured in numbers but also in the richness of the interactions, the depth of knowledge sharing, and the collaborative spirit that permeates the NetSapiens® platform community.
Cultivating a thriving community is a strategic imperative for technology platforms seeking sustained growth and user engagement. Crexendo’s journey exemplifies the transformative power of community building, demonstrating how a dedicated focus on communication, education, support, recognition, and user-driven development can propel a platform to new heights. As the NetSapiens® platform community continues to flourish, its impact is not just measured in numbers but in the collective success and innovation fostered among its diverse and engaged user base.
https://www.cloudcommunications.com/blog/a-journey-to-four-million-users