Day: September 8, 2022

CALGARY, Alberta, Sept. 08, 2022 (GLOBE NEWSWIRE) — Reach is excited to announce the launch of its first low-code cross-border ecommerce integration, Reach Drop-In. Drop-In allows online businesses of any size to quickly and securely overcome traditional international barriers to entry, expanding their potential customer base while capitalizing on Reach’s market-leading Merchant of Record model, guaranteed FX rates, and advanced multi-factor fraud prevention system.

With Nearly 50,000 Reservations for the Critically Acclaimed B1 and B2 Consumer Trucks, with Potential Customers and Upfitters Like Con Edison and Wabash, with Medium Duty Trucks Across Classes 3-6; Acquisition Accelerates Bollinger’s Delivery of Class 4 EV Trucks to 2023

Bollinger to Leverage Mullen’s Solid-State Battery Technology and Expertise

BREA, Calif., Sept. 08, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today its acquisition of a controlling interest in EV truck innovator Bollinger Motors. This is Mullen’s first EV acquisition and propels the Company into the medium duty truck classes 3-6, along with the B1 and B2 sport utility trucks. The purchase price is $148.2 million in cash and stock for a 60% controlling interest, which gives Mullen the majority ownership of Bollinger Motors, Inc. and positions Bollinger to capture the electric sport utility and commercial vehicle markets. On Thursday, Sept. 8, at 2 p.m. EDT, Mullen Automotive and Bollinger Motors will host a live YouTube webinar introducing the two companies.

“This acquisition is one of the largest in the EV industry to date and provides Mullen with the unique opportunity to aggressively expand into the high-demand commercial EV space. The strong interest shown by major customers in all the high-volume segments like delivery, telecom, municipal services and utilities is a clear indication of the market’s desire for Bollinger’s vehicles,” said David Michery, CEO and chairman of Mullen Automotive. “Combining Bollinger’s vehicles with our existing class 1 and class 2 EV cargo van programs gives us the chance to dominate the entire class 1-6 commercial light and medium duty truck segments. In addition, Bollinger will be able to leverage Mullen’s solid-state battery technology, making their current vehicles even more competitive as our technology launches across the total portfolio of EVs from both Mullen and Bollinger.”

Launched in 2015, Bollinger Motors is an American automobile designer and manufacturer of electric sport utility and medium duty vehicle lines. The company also successfully developed proprietary vehicle battery packs, drivetrains, and thermal and vehicle control software units. In 2017, Bollinger built and debuted the critically acclaimed B1 class 3 sport utility vehicle, the first of its kind. The company followed its initial success with the development of the second-generation B1 and B2 vehicles, before pausing in favor of commercial truck development. With years of history in class 3 truck development, intellectual property, patents and expertise, the company’s decision made sense to pivot into commercial vehicle development for classes 3-6. As part of the acquisition, the company brings Mullen nearly 50,000 reservations previously taken for the B1 and B2 sport utility vehicles. With Mullen’s acquisition and capital injection, both B1 and B2 programs will begin after the start of production for class 3-6 commercial truck programs. A video presentation of Bollinger’s history can be found here.

The company brings a significant pipeline of interest from large companies for commercial electric truck classes 3-6 in a wide range of markets such as last mile delivery, refrigeration, utilities and their upfitters. On Sept. 1, 2022, Bollinger revealed for the first time the B4, a class 4 electric commercial truck. The B4 electric chassis cabs will be the first of the company’s commercial lineup to hit the ground in upcoming client test programs. The new Bollinger B4 incorporates years of feedback from dozens of major fleets looking to electrify their vehicles. The result is a cab-forward truck, designed from the ground up to offer maximum cargo volume, accommodate unlimited adaptation and prioritize safety. Bollinger will be testing B4 chassis cab trucks this fall with numerous fleet customers, upfitters and charging companies to gather constructive feedback. Further details on Bollinger’s B4 announcement can be found here.

“We are proud to design our commercial EVs from the ground up, here in America, offering greater efficiency, lower total cost of ownership and greater cargo volume. Our dream is to build the world’s best trucks and SUVs,” said Robert Bollinger, founder and CEO of Bollinger Motors. “Mullen shares a similar dream to build the best EV cars and trucks. This partnership will bring us closer to making those visions a reality, as it allows us to ramp up production on our end and get Mullen’s EV programs to the market faster.”

“We have been looking at this space carefully and raising the capital in advance, allowing us to take advantage of opportunities that arise,” added Michery. “We think Bollinger Motors is a perfect example of a smart investment in a known company and brand.”

Bollinger B1

“I am really impressed with what Robert Bollinger has created for the commercial vehicle space and the off-road capable B1 and B2 sport utility vehicles,” Michery continued. “Bollinger is a true innovator and generational company, and we believe they have the potential to turn the sector on its head, similar to what the Hummer H1 did over 30 years ago. Bollinger is a transformative acquisition and paradigm shift for the EV industry.”

Mullen Automotive and Bollinger Motors will be hosting a live webinar on Thursday, Sept. 8, at 2 p.m. EDT, introducing the two companies. Details on the YouTube event can be found here.

About Mullen Automotive
Mullen Automotive is a Southern California-based automotive company building the next-generation of premium electric vehicles (EVs) that are affordable and built entirely in the United States. With an end-to-end ecosystem that supports owners from test driving to financing and servicing through a unique hybrid dealership model, customers are supported through every aspect of EV ownership. The Mullen FIVE, the company’s first electric crossover, is slated for delivery in 2024 and features an award-winning design and its patented PERSONA technology that utilizes facial recognition to personalize the driving experience for every individual. To learn more about the company, visit www.MullenUSA.com.

Bollinger B2

About Bollinger Motors
Founded in 2015 by Robert Bollinger, Bollinger Motors is a U.S.-based company, headquartered in Oak Park, Michigan. Bollinger Motors manufactures all-electric platforms and chassis cabs for commercial vehicles in Classes 3-6. To learn more about the company, visit www.BollingerMotors.com.

Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Mullen and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the Bollinger majority ownership acquisition will be beneficial to the Company, whether Mullen will be successful in capturing market share in the electric sport utility and commercial vehicle markets, whether combining Bollinger’s vehicles with the Company’s existing class 1 and class 2 EV cargo van programs will be successful and whether the Company will achieve its goal of achieving a significant stake in the class 1-6 commercial light, medium and heavy-duty truck segments. Additional examples of such risks and uncertainties include whether Mullen’s solid-state battery technology development will be successful and will be able to be leveraged by Bollinger, if and when the Bollinger B1 and B2 sport utilities will be developed and whether the approximately 50,000 previous reservations for the B1 and B2 sport utilities will materialize. Further examples of such risks and uncertainties include but are not limited to: (i) Mullen’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Mullen’s ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Mullen’s ability to successfully expand in existing markets and enter new markets; (iv) Mullen’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Mullen’s business; (viii) changes in government licensing and regulation that may adversely affect Mullen’s business; (ix) the risk that changes in consumer behavior could adversely affect Mullen’s business; (x) Mullen’s ability to protect its intellectual property; and (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Mullen with the Securities and Exchange Commission. Mullen anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Mullen assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen’s plans and expectations as of any subsequent date.

Contact:
Mullen Automotive, Inc.
+1 (714) 613-1900
www.MullenUSA.com

Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

Photos accompanying this announcement are available at:

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SAN FRANCISCO, Sept. 08, 2022 (GLOBE NEWSWIRE) — After three-years of travel restrictions, Anglepoint, the leader in Software Asset Management (SAM) Services for the Global 2000, will once again gather its employees in-person for a company-wide strategic offsite in Las Vegas, NV.

Taking place from Sept. 11-16, 2022, Anglepoint in Motion (AIM) will bring together more than 150 Anglepoint employees from 23 US states and 10 countries. The goal is to provide an essential opportunity to build and deepen relationships between international colleagues and a space to solidify and progress key company initiatives. In addition to Master Class style workshops and internal team meetings, peer-nominated employees will receive special recognition for their exceptional contributions to Anglepoint’s success over the years.

“After years of record growth in the face of constant disruption, Anglepoint is excited to finally be able to bring together our global team of experts again,” says Anglepoint CEO Brian Papay about AIM. “Arriving on the heels of the announcement that Anglepoint has been named a leader in the Gartner^® Magic Quadrant for Software Asset Management Managed Services for the third year in a row, this offsite affords us a precious opportunity to hone our focus so we can continue to excel at our craft.”

Alongside AIM, Anglepoint will also hold the first in-person gathering of the company’s Client Advisory Board (CAB). CAB members are executive-level leaders in their diverse fields, from financial services and aerospace to electric utilities and automotive. Gathering them together will offer a critical client perspective for Anglepoint’s work.

Anglepoint’s President and Chairman of the Board Ron Brill says, “We’re thrilled to host executives representing several of our key clients from around the world. Our goal is to better understand their current and future business needs and learn how Anglepoint can stay ahead of the curve, as well as receive feedback on all aspects of their interaction with Anglepoint. This will help ensure our continued ability to drive our clients’ SAM maturity and lead the industry for years to come.” While at AIM, CAB members will engage in in-depth discussions on industry trends, set priorities for the year ahead, and provide unique insight on how Anglepoint can improve from a client point of view.

ABOUT ANGLEPOINT  

Anglepoint is the leading provider of SAM & Technology Asset Management services to the Fortune 500 & Global 2000. Anglepoint’s services drive cost optimization, risk mitigation, & strategic planning within the cloud, SaaS, enterprise software & hardware estates of complex hybrid IT environments. We deliver comprehensive managed services including SAM strategy, execution, process automation, and technology selection & implementation.

Contacts

For media inquiries, please contact: Alison Frederick, Analyst Relations at info@anglepoint.com.

Connect with Anglepoint on LinkedIn, Facebook, Twitter, and at Anglepoint.com.

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VISTA CONTINUES TO SIMPLIFY PRIVATE AVIATION WITH NEW MEMBERSHIP SOLUTIONS TO MEET ACCELERATING CLIENT DEMAND

Introducing the new VistaJet VJ25 and a streamlined XO Membership

New York, September 8, 2022: Vista Global Holding (Vista), the world’s largest On Demand provider, announces its new product lineup, streamlining its global subscription offerings across its market leading VistaJet and XO brands.

As Vista registered a 43% year-on-year growth of its Member base during H1 2022, responding to the evolving client needs remains a focused priority across the Group. Over the last six months, Vista has seen a pivot in the demographic of clients, with younger Members joining and a faster turnaround in contract sign-ups as clients look for an effective, global Membership solution to fly immediately. Evolving its portfolio of Membership options ensures every private aviation client can find a simple, flexible and secure solution for their flying needs.

The new Memberships are:

• VistaJet VJ25 — VistaJet’s new agile membership for high-quality, low-frequency travel;
• The XO Membership — XO’s new streamlined and innovative all-access deposit membership.

Thomas Flohr, Vista’s Founder and Chairman said: “The evolution and simplification of our offering reaffirms Vista’s commitment to offering a full suite of flexible solutions for all Members across VistaJet and XO. We have listened to our clients to understand their rapidly changing needs and we have optimized our Membership structure accordingly.

XO

The VJ25 membership is ideal for anyone looking for the iconic VistaJet service with minimum commitment, while the streamlined XO Membership delivers the most advanced digital service with instantly bookable flights. We believe that these new flexible products will allow even more Members to enjoy our services on the renowned Vista Members’ fleet of over 350 aircraft — to provide the most innovative and advanced flying solutions at the very best value to every client around the world.”

VJ25
VistaJet’s VJ25 membership is a new agile three-year private flight subscription designed for the more flexible flier traveling 25 to 49 hours per year. VJ25 Members will enjoy:

• Access to the Vista Members’ fleet of over 350 aircraft globally;
• Guaranteed availability on the largest global range fleet available On Demand, including the game-changing Bombardier Global 7500 to fly 17 hours non-stop;
• The renowned VistaJet service – from fully enabled business suites to relaxing family spaces, served by Cabin Hosts trained by the British Butler Institute, MedAire, Norland College and Wine & Spirit Education Trust, etc;
• Private dining created by some of the world’s most renowned chefs and restaurants;
• An aircraft at a fixed rate on every guaranteed day;
• Dynamic rate options on 40 high demand days;
• Invitations to a selection of VistaJet’s Private World events and benefits through our worldwide partners’ network.

XO Membership
XO is simplifying its Deposit Membership structure by replacing its tiered solutions with a new, single-level XO Membership. This will provide valued Members and clients with an even more streamlined way of organizing their travel.

The XO Membership is the only private aviation solution to book private flights and seats instantly. With a $100,000 fully refundable minimum deposit, no black-out days or expiration, and dynamically priced, it is genuinely the most efficient, accessible, and transparent option in private aviation. The new XO Membership offers the following benefits:

• Access to 2,450 aircraft, including the Vista Members’ fleet when available;
• No booking fees;
• Fly immediately after signing up;
• Access to special offers, from hospitality to events and incredible experiences.

As Vista continues to invest heavily to provide all its Members with the most comprehensive portfolio of private aviation solutions and a fleet of cutting-edge aircraft, the Group will be sunsetting the Jet Edge Reserve membership. Current Reserve Members will enjoy the same familiar service as they keep enjoying flights with funds on their account.

— Ends —

About Vista
Vista Global Holding’s (Vista) subsidiaries provide worldwide business flight services. A global group headquartered at the DIFC in Dubai, Vista integrates a unique portfolio of companies offering asset light services to cover all key aspects of business aviation: guaranteed and on demand global flight coverage; subscription and membership solutions; and cutting-edge technology. The Group’s mission is to lead the change to provide clients with the most advanced flying services at the very best value, anytime, anywhere around the world. Vista’s knowledge and understanding of all facets of the industry deliver the best end-to-end offering and technology to all business aviation clients, through its VistaJet and XO branded services and duly licensed carriers. Vista is not a direct air carrier and does not operate or charter flights.
More Vista information and news at www.vistaglobal.com

Contacts
press@vistaglobal.com

Vista Global Holding Limited (“Vista”) does not own or operate any aircraft. All flights are performed by FAA-licensed/DOT-registered EASA or U.S. certified Vista group direct air carriers and/or partner operators. Vista holds non-controlling minority stakes in XOJET Aviation, GMJ Air Shuttle, JetSelect, Western Air Charter, Red Wing Aviation and Talon Air.

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SCHAFFHAUSEN, Switzerland, Sept. 08, 2022 (GLOBE NEWSWIRE) — Acronis, the global leader in cyber protection, today announced it has been named a Visionary in the Gartner Magic Quadrant for Enterprise Backup and Recovery Software Solutions for the second year in a row.

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a holistic view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. According to Gartner, the “enterprise backup and recovery software solutions market is focused on transformational technologies or approaches delivering on the emerging needs of end users.”

In this report Acronis is recognized for its Acronis Cyber Protect Cloud for our ability to execute and completeness of vision.

“We think Acronis recognition in the Gartner Magic Quadrant for the second consecutive year is a significant achievement that once again acknowledges the Acronis gold standard of holistic data protection and cybersecurity solutions,” said Patrick Pulvermueller, Chief Executive Officer at Acronis. “Complexity within the IT industry has created unmanageable risks exacerbated by disparate systems not designed to work together. Our view is to give customers control of their environments, by offering an integrated platforms that ensures optimal protection for all data, applications and systems in the face of modern cybersecurity threats.”

Acronis cyber protection solutions are trusted by over 20,000 service providers, 750,000 businesses, and services organizations in more than 150 countries. In the last year, Acronis Cyber Protect has prevented over 1 million attacks and protected over 2.66 million workloads, enabling service providers and corporate IT teams to avoid costly downtime and deliver business continuity for their stakeholders.

To learn more about the Acronis integrated endpoint protection solution, visit acronis.com and register to attend the Acronis #CyberFit Summit 2022 in Miami, Florida from November 7-9, 2022.

To see more about how customers have reviewed vendors in the Enterprise Backup and Recovery Software Solutions’ space, visit: https://www.gartner.com/reviews/market/enterprise-backup-and-recovery-software-solutions

Gartner Disclaimer:
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER and Magic Quadrant are registered trademarks and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

About Acronis:
Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions powered by AI. With advanced anti-malware powered by cutting-edge machine intelligence and blockchain based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on premises – at a low and predictable cost.

Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis now has more than 2,000 employees in 34 locations in 19 countries. Acronis Cyber Protect solution is available in 26 languages in over 150 countries and is used by over 20,000 service providers to protect over 750,000 businesses.

Contact for press release: Karl Bateson | karl.bateston@acronis.com

New investment from the Quebec government, existing investor ACG will propel a new chapter of company growth.

MONTREAL, Sept. 08, 2022 (GLOBE NEWSWIRE) — Kaloom today announced it secured an additional USD 21 million from the Quebec government and current investor, Alternative Capital Group (ACG), who matched the government of Quebec’s investment. This latest investment will support Kaloom’s go-to-market strategy and extend its current heterogeneous hardware strategy by supporting additional platforms like SmartNICs and Servers. The latest cash infusion will also allow Kaloom to ramp up sales, and help its global service provider customers benefit from burgeoning Network transformation and 5G-Edge market opportunities.

ACG’s participation in this latest financing round is a strong vote of confidence in Kaloom’s ability to execute on its vision. In addition to financial support, ACG brings a wealth of experience and resources that are invaluable to Kaloom’s continued business growth.

“ACG is proud to support Kaloom’s continued business growth as the company realizes the vision it set out to achieve,“ said Nicolas Beauchamp, ACG. “Kaloom’s innovative solutions help network providers overcome the major challenges of Network Transformation and 5G-Edge deployments. With Kaloom’s help, network providers can deliver the high-speed, low-latency performance that users demand. We look forward to supporting Kaloom in this next growth phase.”

This latest cash infusion strengthens Kaloom’s standing as an emerging leader providing fully programmable and automated cloud-native solutions that simplify management and save costs in complex distributed edge networks. Kaloom works with service providers around the globe and plans to expand in Japan, recently registering its business in the country.

“With this investment, we can harness our momentum and continue to serve our global customers while expanding into new markets,” said Laurent Marchand, Kaloom Founder and CEO. “Our mission is to empower service providers and operators worldwide with automated and fully programmable distributed edge network solutions that transform underlying network infrastructure and reduce total cost of ownership. This investment is critical to achieving that mission globally and enabling 5G-Edge and private 5G monetization in our industry.”

About Kaloom

Kaloom is delivering a fully programmable and automated cloud-native edge center networking software solution that will disrupt how distributed cloud edge and data center networks are built, managed and operated by Telecom, Fixed and Mobile Operators, Data Center and Cloud Service Providers. Kaloom comprises technology veterans with proven track records of delivering large-scale networking, analytics, and AI-based solutions for the world’s largest networks. Kaloom is based in the Quartier de l’innovation in Montréal, Quebec. For additional information, visit www.kaloom.com.

Media Contact:
Jeannette Bitz
Engage PR for Kaloom
jbitz@engagepr.com
+1.510.295.4972

Kaloom Contact:
Gail Miyashita
Kaloom Inc
gail@kaloom.com
+1.514.758.5497

PHOENIX, Sept. 08, 2022 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in modular space and portable storage solutions, today announced that Tim Boswell, President and Chief Financial Officer, and Matt Jacobsen, Senior Vice President Finance, will participate in a presentation and host private investor meetings at the Deutsche Bank Leveraged Finance Conference in Scottsdale, Ariz. on September 20, 2022. The presentation will take place at 7:40 a.m. PT.

About WillScot Mobile Mini Holdings

WillScot Mobile Mini Holdings trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible workspace and portable storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 280 branch locations and additional drop lots throughout the United States, Canada, Mexico, and the United Kingdom.

Additional Information and Where to Find It

Additional information can be found on the company’s website at www.willscotmobilemini.com

Contact Information

Investor Inquiries:

Nick Girardi
nick.girardi@willscotmobilemini.com

Media Inquiries:

Jessica Taylor
Jetaylor@willscotmobilemini.com

LONDON, Sept. 08, 2022 (GLOBE NEWSWIRE) — Verisk Maplecroft, a global risk analytics business of Verisk (Nasdaq: VRSK), has launched its new Industry Risk Analytics to provide companies, insurers and financial institutions with a new geospatial risk solution that identifies the exposure of 80 sectors to 52 different ESG and political risks across 198 countries. The data can be used to underpin and strengthen analysis of a wide range of risks impacting operations, supply chains and investments globally by offering in-depth insight into how country-level risks vary between industries.

The dataset draws on over 50 of Verisk Maplecroft’s 170+ global risk indices, combining them with proprietary global and local industry risk factors to deliver precise risk scores for each sector in all countries. Issues covered include labour rights, such as modern slavery, child labour, fair wages and working hours; environmental risks, including water stress, climate change vulnerability, pollution, heat stress and natural hazards; and political risks covering corruption, conflict intensity and civil unrest.

The Industry Risk Analytics are the latest innovation from Verisk Maplecroft as it strives to provide global business and finance with the single most comprehensive source of geospatial global risk data and analytics. They form the latest addition to Verisk’s growing suite of sustainability and resilience exposure analytics, which include extreme event models and global geospatial datasets covering the full spectrum of ESG, political, climate and energy transition risks.

“Providing a universal foundation for ESG and political risk analysis, the Industry Risk Analytics will enable more precise assessment of inherent risk exposures, helping businesses, banks, insurers and investors get a more granular view of industry-specific risks at the operational, supply chain, portfolio, asset and project level,” says Sam Haynes, Head of Risk Analytics at Verisk Maplecroft. “Users can explore how inherent risks vary from place to place and by industry activity, enabling a holistic understanding of locational risk to support smarter, more informed decisions and mitigating actions.”

The methodologies used to create the analytics feature Verisk Maplecroft’s vast array of unstructured, geospatial, expert-derived and structured data, which offer an alternative contextual risk perspective to the analyst assessed, disclosure-based and controversy datasets that are typically used to assess ESG risks. This means both the underlying data and the analytics themselves are independent, scalable and can deliver a robust, universally applicable risk assessment solution.

“The veracity of the top-down mainstream ESG datasets from major ratings providers has come under recent scrutiny,” adds Verisk Maplecroft’s President Matt Moshiri. “This points to a need for a bottom-up approach that can robustly assess inherent ESG risk exposure, alongside dynamic political issues, more accurately than ever before – this is where we aim to make the difference.”

For more information on Verisk Maplecroft’s Industry Risk Analytics, visit www.maplecroft.com

About Verisk Maplecroft
As organisations strive to understand and adapt to a fast-moving world, Verisk Maplecroft empowers them to put the environment, human rights and political risk at the heart of their decision-making. We do this by providing unparalleled intelligence on sustainability, resilience and ESG – stitching together these disparate issues into an interconnected global view, built upon objective insight and data. By thinking ‘big picture’ we capture what matters most to our partners; making positive outcomes possible in a time of change; helping people, business and societies become stronger; creating value with values. Verisk Maplecroft is a Verisk business (NASDAQ:VRSK).

For more information visit: www.maplecroft.com

About Verisk
Verisk (Nasdaq: VRSK) provides data-driven analytic insights and solutions for the insurance and energy industries. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk empowers customers to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global issues, including climate change and extreme events as well as political and ESG topics. With offices in more than 30 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.

Jason McGeown
Director – PR
Verisk Maplecroft
E: jason.mcgeown@maplecroft.com
T: +44 (0) 7768 789567

The Chilean Foreign Investment Promotion Agency has launched a new publication to facilitate investment by Japanese companies in Chile

SANTIAGO, Chile, Sept. 08, 2022 (GLOBE NEWSWIRE) — In order to make it easier for Japanese companies to invest in Chile, the Foreign Investment Promotion Agency InvestChile has launched a new edition of its “How to Invest in Chile” Investor’s Guide in Japanese. Published online, the step-by-step guide is designed to serve as a “roadmap” for companies considering Chile as a potential destination for investment.

“At InvestChile, we feel that cultural differences, mainly in terms of language, can be narrowed in these times of greater connectivity and globalized business. In this context, our new ‘How to Invest in Chile’ investor’s guide fills a clear gap with regard to potential Japanese investors: the lack of official material in their own language,” said Karla Flores, the recently appointed director of InvestChile.

“In the new guide, you can find all the basic step-by-step information for setting up your company, from the tax structure to environmental permits and labor laws. In this way, as an agency, we are helping to bridge the gap between the two countries’ business culture in a context of Japanese companies’ growing interest in our country,” she added.

With 14 chapters that include legal and commercial matters, the guide in Japanese is available here.

Main source of Asian investment

“Japanese companies have been present in Chile for decades and are characterized by their high level of sophistication,” said the director of InvestChile Karla Flores. She emphasized that the opportunities Chile offers for Japanese companies include the development of solar energy, information technologies, mining equipment, functional foods and special interest tourism.

“We want these companies which are in higher value-added sectors to come to Chile; that is the main reason we opened the InvestChile office in Tokyo and we are now publishing our investor’s guide in Japanese,” added Flores.

Japan is the world’s third-largest economy and Chile’s principal source of investment from Asia. According to Chilean Central Bank figures, Japan is one of the largest players in the country with investments totaling more than US$3,131 million in 2020. Over 60 Japanese companies currently have operations in Chile.

Do you want to expand your business to Latin America? Contact us here to learn about the advantages of installing your business in Chile.

Press Contact:
Denisse Vásquez
dvasquez@investchile.gob.cl

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Step-by-Step Guide for Foreign Investors

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