As Mentor by eDriving Passes 3.5 Billion Miles Driven, Analysis Confirms Program’s Ability to Reduce Risky Driving Behaviors

CAPE MAY, NJ, Jan 26, 2023 – (ACN Newswire) – eDriving's digital driver safety program, Mentor(SM), featuring the FICO(R) Safe Driving Score, helps risky drivers become safer behind the wheel in just six months – and further improves behaviors over longer periods of time – according to findings from an analysis of the program. The analysis was performed after the program reached the milestone marking 3.5 billion miles driven in Spring 2022.

The eDriving study identified the initial risk level of active[1] business drivers using the Mentor app (i.e., Very High Risk, High Risk, Medium Risk, Low Risk or Very Low Risk[2]), based on their first month's FICO Safe Driving Score – a score derived from smartphone-based driving behavior telematics. It then measured progress[3] over periods of six months, 12 months, and 18 months of using the app.

Over a six-month period, those initially categorized as Very High Risk or High Risk experienced up to a 51% increase in their FICO Safe Driving Score, moving them up into the Medium Risk category. Over a longer period of 18 months, those initially categorized as Very High Risk or High Risk experienced an even greater average increase in their FICO Safe Driving Score of up to 70%, moving them up into the Low Risk category.

While FICO Safe Driving Score improvement was the most significant for drivers who were initially identified as Very High Risk or High Risk, those identified as Medium Risk also improved, and Low-Risk drivers maintained their good performance levels.

The study also showed there was a significant decrease in the negative driving behaviors measured by Acceleration, Braking, Cornering, Phone Distraction, and Speeding events for business drivers using Mentor's patented approach involving driver scoring, eLearning, gamification, and coaching.

Speeding Reduction
– Over a six-month period, those initially categorized as Very High Risk or High Risk experienced up to a 57% decrease in Speeding events.
– Over a period of 18 months, those initially categorized as Very High Risk or High Risk experienced up to an 85% decrease in Speeding events, confirming a sustained improvement in driver behavior when using the Mentor app over a longer period.

Distraction Reduction
– Over a six-month period, those initially categorized as Very High Risk or High Risk experienced up to a 60% decrease in Distraction events.
– Over an 18-month period, those initially categorized as Very High Risk or High Risk experienced up to an 88% decrease in Distraction events, again demonstrating a significant and sustained improvement in driver behavior when using the multi-faceted Mentor program over a longer period.

Other significant findings:
– Mentor use showed a reduction of in-vehicle calls among Very High-Risk or High-Risk drivers by up to 53% over a six-month period and 85% over 18 months. Phone manipulations (i.e., texting or handling the phone while driving) were reduced among these risky drivers by up to 62% over 6 months and 89% over 18 months.
– Over a six-month period, those initially categorized as Very High Risk or High Risk experienced up to a 62% decrease in Hard Acceleration, Hard Braking and Hard Cornering events, with up to an 89% decrease over 18 months.

"Mentor was designed from the ground up to support our global clients who made the safety of their employees driving for work purposes a strategic imperative," said Ed Dubens, Founder and CEO of eDriving. "Over 20 years of driver risk management combined with the FICO Safe Driving Score, delivers the perfect combination of leading and lagging indicators to help Mentor proactively identify the most at-risk drivers for further support and coaching. 3.5 Billion Mentor miles later, it is incredible to see how quickly we have been able to turn smartphones from villains into catalysts for positive change that can save the lives of not just drivers, but also those they share the road with including pedestrians and cyclists."

Launched globally in 2018, Mentor by eDriving is used by organizations around the world to help improve driver behavior among employees driving for work purposes, and has been shown to reduce collisions by up to 67%. The digital program uses smartphone sensors to collect and analyze data on the driving behaviors most predictive of risk. These include Acceleration, Braking, Cornering, Speeding, and Phone Distraction, one of the biggest threats to road safety today.

Through eDriving's partnership with industry analytics leader FICO, driver on-road performance is converted into an individual FICO Safe Driving Score, which has been validated to help predict the likelihood of a driver being involved in a collision. Personalized insights are provided privately to drivers after each trip, showing both positive and negative driving events and exactly where they occurred. Additionally, engaging, interactive micro-training modules are delivered directly to the driver in-app to help promptly remediate identified risky behaviors. At the time of the 3.5B mile analysis, over 7.7 million eLearning modules had been viewed by Mentor users. Gamification and rewards are also employed by Mentor to promote driver engagement and friendly competition, while coaching support is included to help sustain behavior improvements over time.

"The FICO Safe Driving Score continues to provide a consistent and objective measure of driver risk," said Rachel Bell, Vice President of Scores and Analytics at FICO. "We are pleased to see that the FICO Safe Driving Score continues to help organizations keep their drivers safe and limit risks on the road."

About Solera

Solera is the global leader in vehicle lifecycle management software-as-a-service, data, and services. Through four lines of business – vehicle claims, vehicle repairs, vehicle solutions and fleet solutions – Solera is home to many leading brands in the vehicle lifecycle ecosystem, including Identifix, Audatex, DealerSocket, Omnitracs, LoJack, Spireon, eDriving/Mentor, Explore, cap hpi, Autodata, and others. Solera empowers its customers to succeed in the digital age by providing them with a "one-stop shop" solution that streamlines operations, offers data-driven analytics, and enhances customer engagement, which Solera believes helps customers drive sales, promote customer retention, and improve profit margins. Solera serves over 300,000 global customers and partners in 100+ countries. For more information, visit www.solera.com.

About eDriving

eDriving, a Solera company, helps organizations around the world improve safety, reduce injuries, license violations, carbon emissions, and total cost of fleet ownership through its patented digital driver risk management programs. These include the Mentor by eDriving(SM) smartphone app with FICO(R) Safe Driving Score; the patented, five-stage Crash-Free Culture(R) risk reduction program; and the Virtual Risk Manager(R) platform, all designed to work together within a privacy-first, data-secure environment that supports drivers and their managers every step of the way. eDriving is the digital driver risk management partner of choice for many of the world's largest organizations, supporting over 1,200,000 drivers in 125 countries. Over the past 25 years, eDriving's research-validated programs have been recognized with over 125+ awards around the world. For more information, visit www.edriving.com.

Press contact, eDriving:
Sheila Leverone
press@edriving.com

About FICO

FICO (NYSE:FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail, transportation and supply chain, and many other industries. Using FICO solutions, businesses in more than 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of rental cars are in the right place at the right time. Learn more at https://www.fico.com/.

Press contact, FICO:
Julie Huang
press@fico.com
+1 925-405-7803

[1] At least one trip per month
[2] FICO(R) Safe Driving Scores were initially categorized as Risky, Poor, Average, Good and Great. These were updated to the new corresponding categories on July 29, 2020.
[3] Analysis used data from trips classified as 'Business' only (no 'Passenger' or 'Personal' trips)

Mentor Product Sheet
https://www.edriving.com//wp-content/themes/edriving/images/pdf/ProductSheets/mentor_ENT_product_sheet.pdf

SOURCE: eDriving






Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Institutional Analyst: Society Pass (Nasdaq: SOPA) Acquiring and Incubating Startups in the Heart of the Asian Silicon Valley

SINGAPORE, Jan 25, 2023 – (ACN Newswire) – Institutional Analyst Inc ("Institutional Analyst") issues Equity Research Report on Society Pass Incorporated ("SoPa") (Nasdaq: SOPA), Southeast Asia's (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem.

Click here to view the full Institutional Analyst Equity Research Report. https://internetstockreview.com/initiating-coverage-on-society-pass-sopa/

Summary Points:

– Southeast Asia: the Asian Silicon Valley – SEA, including Indonesia, Philippines, Singapore, Thailand, and VietNam much like Northern CA, is widely known for having 100's of thousands of well-educated, technology-savvy entrepreneurs. In sum, there are thousands of companies that could potentially be acquired, partially acquired, or incubated by Society Pass to generate shareholder value.

– Visionary and experienced founder – Led by Dennis Nguyen, a University of Chicago Booth School of Business MBA graduate and entrepreneur, and former mergers and acquisition Investment Banker at Citigroup, Credit Agricole Indosuez, and Daiwa Securities. His over 25 years of Asia-based investment banking and venture capital experience, along with his team of bankers in identifying and bringing fast-growing technology start-ups to the acquisition negotiating table, creates a true sky-is-the-limit operating scenario.

– Strong revenue generation in 2023 – Operating at breakneck speed to take advantage of the market turbulence over the past few years and currently, SoPa's acquisitions-focused business model has quickly assembled a portfolio of seven exciting and growing companies, each exhibiting breakthrough potential to generate over US$100 million in group sales in 2023.

– Huge and growing user and merchant base – SoPa's seven portfolio companies have amassed 3.3 million registered users and 205,000 registered merchants.

– Healthy balance sheet and strong cash levels – Currently, SoPa has nearly $20 million in cash, compared to a market capitalization of just $26 million today. It's worthy to note Mr. Nguyen controls 7.7 million shares and has voting control of over 70% of the shares.

– Strong technology and marketing teams – SoPa's team of software developers rapidly improves the product or service offerings of its portfolio company, while its team of eCommerce marketing experts rapidly grows the subscriber base of such start-up.

– In house accounting, legal and corporate restructuring experts – SoPa has at its resource, business, accounting, funding, legal, and corporate structure experts. Things that if ignored, can and often do later crush the dreams of even the most talented technology start-up founder.

About Society Pass Inc.

Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please visit:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Cautionary Note Concerning Forward-Looking Statements

This press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Society Pass, Inc. (SOPA) / NusaTrip Expands Services to Philippines

SINGAPORE, Jan 17, 2023 – (ACN Newswire) – NusaTrip, Indonesia's first IATA-certified online travel agency (OTA) and the travel vertical of Society Pass Incorporated (Nasdaq:SOPA), today formally announces the opening of its second Southeast Asia (SEA) regional office in Philippines.

The market for Filipino tourists and foreign workers is sizable. According to the Philippine Overseas Employment Administration's (POEA) data, approximately 2.3 million overseas Filipino workers (OFWs) were deployed in 2019. In 2021, OFW was estimated to be 1.83 million, up from 1.77 million in 2020. Based on the Department of Tourism's November 2022 report, 73% of the 2.025 million visitors to the Philippines are foreign tourists, whereas 27% are OFWs. In 2023, the Department of Migrant Workers (DMW) aims to increase the number of overseas Filipino workers. The majority of OFWs work in the service sector, such as domestic help, healthcare, engineering, and construction. By 2020, Asia employed 83.6% of OFWs, followed by Europe, America, and Australia.

NusaTrip CEO Johanes (Joe) Chang elaborates, "Considering the market's size and potential, the Philippines is an essential market for our ecosystem. NusaTrip aims to be the promotion partners for the Philippines tourism boards and become the travel hub that helps to connect overseas Filipinos with their home country. We are excited to collaborate with the local businesses. It will accelerate and improve the quality of our synergies and customer growth rate in Southeast Asia. In addition, given Philippines' countless scenic spots and picturesque beaches, NusaTrip will focus on promoting thousands of hotels into our platform and provide leisure alternatives for international travelers".

Leveraging the momentum of the travel and tourism industry recovery post-COVID-19 pandemic, NusaTrip is expanding its offering beyond air travel. NusaTrip aims to extend its flight content with more travel inspirations and relevant options, so everyone will always find something to explore and somewhere to fly to. On the business side, NusaTrip connects worldwide flight content through streamlined integration with low-cost and full-service airlines from multiple points of sale and enables global distribution at ease via its proprietary technology, the NusaXchange platform.

Nusatrip regional offices will focus on creating more variety of marketing initiatives and managing existing business relationships with airlines, hotels, and tourism promotion board partners.

"We are very excited to welcome NusaTrip and look forward to the collaboration with our local businesses. I believe it will benefit our business partners and customers," said Arbie Christie Pagdangan, Country Manager for Society Pass in the Philippines.

About NusaTrip

Founded in 2013, NusaTrip is an IATA-licensed online travel agency that serves both local and global customers and partners by optimizing cutting-edge technology and providing 24/7 customer-centric support team-as-a-service. NusaTrip is now a member of Society Pass (Nasdaq: SoPa) ecosystem. For more information, please visit: https://www.nusatrip.com.

About Society Pass Inc.

Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please visit:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Cautionary Note Concerning Forward-Looking Statements

This press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contacts:
Rosa Milyarna – NusaTrip Indonesia
Rosa@nusatrip.com

NusaTrip / Society Pass ID PR Representatives
Elisabeth ( elisabeth.winiartati@gmail.com | +62813375150220)
Angga ( anggahadi@gmail.com | +6281213858388)

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

21st Edition of Manufacturing IT Summit: Indonesia

JAKARTA, Jan 16, 2023 – (ACN Newswire) – After successful 20 editions of Manufacturing IT Summit, Exito is all set to host another milestone event- the 21st Edition of Manufacturing IT Summit, an in-person event which serves as an ideal platform to enhance the experience to "Re-imagine, Innovate, and Transform". The Manufacturing IT Summit is a by invite only in-person event exclusively for Technology leaders from leading businesses, institutions and government officials representing Indonesia's manufacturing sector. Recent data from the Ministry of Industry has indicated that the manufacturing sector has had the largest contribution to its GDP. Indonesia aspires to be a top 10 economy by 2030, with net exports to be its growth engine.



The next 15 years is forecasted to be the Golden Age for Indonesia as it will realise a demographic bonus peak. Accelerating growth of the manufacturing sector is critical, with the Indonesian government planning to implement industry 4.0 through the Ministry of Industry's Making Indonesia 4.0 roadmap.

Manufacturing IT Summit Indonesia aligns itself with Indonesia's national goals and is a leading networking conference, gathering the most influential of these technology leaders to explore synergies and discuss today's biggest technological challenges, fostering deeper collaboration, and generating new ideas.

This conference will bring together over 150 C-Level Executives, Directors, and Heads of Technology, to discuss the critical technology issues affecting today's manufacturing industry.

Speakers like Ir. Ignatius Warsito, Minister's Expert Staff for Strengthening Domestic Industry Capabilities, Acting Director General of Chemical, Pharmceutical and Textile Industry, Ministry of Industry, Republic of Indonesia, Chairul Saleh, Director of Community Development & Entrepreneurship, Coordinating Ministry for Economic Affairs, Republic of Indonesia, Salil Dutt, Chief Technical Adviser, United Nations Industrial Development Organization (UNIDO), Raine Renaldi S.IIP, Chief of Digital Assest Committee, KADIN President, ID-OPENTECH Group, Republic of Indonesia, Juan Kanggrawan, Head of Product, Tribe & Data, Indonesia National Ministry (GovTech) and Smart Cities, Republic of Indonesia, Wilbertus Darmadi, CIO, Toyota Astra Motor, Mochamad James Falahuddin, Executive Director, Indonesia Blockchain Society among many others will be sharing their experiences and expertise at the summit.

Event registration has commenced for Delegates and Sponsors.

– The delegates will be exposed to in-depth, trend-forward sessions & workshops – practical takeaways and ideas to keep you ahead in the digital economy.
– The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.
– Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, expert resources, friends and colleagues on 15th & 16th of February.

Register Now to engage at this grand event as the slots are filling up fast.
To know more about the event, http://www.manufacturingitsummit/indonesia

About Exito:

We are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries.We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection!

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Preservica Announces Partnership with Australia’s DatacomIT to Preserve and Future-Proof Access to Critical Long-Term Digital Information

BOSTON, MA, OXFORD, UK and MELBOURNE, AU, Jan 12, 2023 – (ACN Newswire) – Preservica, a global leader in Active Digital Preservation archiving, announced today their partnership with Australia's DatacomIT, a leading provider of specialised digitisation and hosted solutions for digital collections.



This partnership enables a seamless approach between digitisation and long-term Digital Preservation, with DatacomIT specialising in the conversion of analog materials to digital formats. Those who are already investing in digitisation will now be able to protect that investment by ensuring it is accessible, meets compliance and legal requirements, and is readable now and in the future with Preservica's Digital Preservation solution.

"DatacomIT is excited about our new partnership with Preservica," shared Eamonn Donohoe, General Manager, DatacomIT. "We can now offer our clients a one stop shop, from digitisation to Digital Preservation, and assist organisations to develop curation and preservation strategies. This partnership underpins our role as Australia's industry leader in digitisation and Digital Preservation, fulfilling our mission of securing the past for the future."

DatacomIT will offer consultation and implementation of Preservica's cloud-hosted editions, which are changing the way organisations around the world future-proof and access critical long-term digital information. Preservica's seamless application will bring together all the core elements of successful long-term Digital Preservation – durable storage, file format updates, and secure immediate access.

With over 40 years of experience offering digitisation solutions to cultural institutions, DatacomIT is a recognised leader in the GLAM sector, providing digitisation and Digital Preservation services for galleries, libraries, archives, and museums. Utilising proven leading-edge technologies, DatacomIT has established long-standing credibility within the archives and digitisation industry, preserving rare and fragile cultural heritage material including books, microfilm, microfiche, photographs, negatives, slides, maps, and large format material.

"We are delighted to offer Australian institutions an affordable and scalable way to preserve, curate and share their digital collections that document the vibrant history of the region," said Mike Quinn, CEO, Preservica. "DatacomIT customers can now confidently go from scanning to safeguarding digital content. We welcome them to our growing global user community that is choosing this holistic approach we call Active Digital Preservation."

Preservica's partnership with DatacomIT is the latest in their international momentum, having recently announced new government customers in Ireland, the Netherlands, and the UK.

Follow Preservica on Twitter ( https://twitter.com/preservica ), LinkedIn ( https://www.linkedin.com/company/preservica ) and Facebook ( https://www.facebook.com/Preservica ) to stay up to date and learn how to register your interest.

About Preservica

Preservica is transforming the way organisations around the world protect and future-proof critical long-term digital information. Available in the cloud (SaaS) or on-premise, our award-winning Active Digital Preservation software has been designed from the ground up to tackle the unique challenges of ensuring digital information remains accessible and trustworthy over decades.

It's a proven solution that's trusted by thousands of businesses, archives, libraries, museums and government organisations around the world, including the UK National Archives, Texas State Library and Archives, MoMA, Yale and HSBC.

www.preservica.com
Twitter: @Preservica
LinkedIn: @Preservica

Media Contact
Aleeza Goodman
York IE
aleeza@york.ie

SOURCE: Preservica

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Chris Cassidy Joins Mojix as President and Chief Commercial Officer

Boca Raton, FL, Jan 11, 2023 – (ACN Newswire) – Mojix, a leading inventory management and supply chain traceability enterprise SaaS platform, is pleased to announce that Chris Cassidy has joined the company as President and Chief Commercial Officer. This announcement comes as the direct result of the tremendous success Mojix has attained over the past several years, as the company has recorded significant growth and improvements in revenue, customer expansion, and product innovation. Supporting these achievements, the company has developed strategic partnerships for serialization and RFID Barcoding used by leading food & beverage, luxury brand, manufacturing, industrial, aerospace & defense, and retail clients across the globe.


Chris Cassidy


Dan Doles, Mojix CEO, said, "Chris joins Mojix with more than 20 years of executive leadership in various supply chain management roles and brings deep domain expertise and a stellar track record working with leading global enterprises on digital transformation and supply chain optimization. Chris is a recognized expert in supply chain management, logistics, and enterprise supply chain SaaS solutions, across both customer operations, strategy, sales and marketing. We are excited to partner with Chris to further our long-term strategic vision and provide value to our customers as a best-in-class item-level traceability SaaS platform."

Before joining Mojix, Chris was EVP & Chief Revenue Officer at Trax Technologies. Previously, he held various supply chain leadership positions of increasing responsibility at Gartner, UPS, and GSK. He holds a BS in Industrial Engineering from Georgia Tech and an executive programme certification in supply chain management at MIT.

Pete Leibman, Managing Director of Peak Rock Capital, added, "the Board is thrilled to have Chris join the executive leadership team at Mojix, and exemplifies our commitment to drive accelerated growth in the years to come."

Chris stated, "I am both humbled and honored to be named President and Chief Commercial Officer of Mojix. I am excited to drive further acceleration of the company's growth as we continue to lead the industry in customer satisfaction, global program delivery and product innovation for end-to-end visibility and traceability. The aim is to continue leveraging the maturing serialization and RFID barcoding technology solutions with the purpose of driving smarter and intelligent insights. Through collaboration and innovation with our customers and strategic partners, our advances in bringing together the physical and financial data flows will empower global enterprise manufacturers, distributors, and retailers to improve visibility and traceability for optimized financial performance of their Supply Chain networks during these most uncertain of times. Our times require both an agile and resilient supply chain to manage cost-to-serve and inventory assets."

About Mojix

Mojix is a global leader in item-level supply chain intelligence software. The firm is leading the way in traceability solutions utilizing its high security, globally scalable cloud-native SaaS platform. Founded in 2004, the Company has deep domain expertise in serialization technologies such as RFID, NFC, and print-based marking systems. Mojix builds business intelligence from event-triggered actions tracking billions of unique identities, following item lifecycles from source to shelf. Companies can leverage the seamlessly integrated data to increase their sales and operational efficiency, reduce major risks and enhance their customer experience. With offices across the United States, Europe and South America, Mojix is now a recognized expert in end-to-end, item-level track and trace, product authentication and automated inventory management. Learn more at www.mojix.com

About Peak Rock Capital

Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe. Peak Rock's equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and performance improvement, with expertise in corporate carve-outs and partnering with families and founders seeking first-time institutional capital. Peak Rock's credit platform invests across capital structures, with a broad mandate to provide flexible, tailored capital solutions to middle-market and growth-oriented businesses. Peak Rock's real estate platform makes equity and debt investments in small to mid-sized real estate assets in attractive, growing geographies. For further information about Peak Rock Capital, please visit www.peakrockcapital.com.

Editorial/Media Contacts
Jim Donaldson, Sr. Director, Corporate Communications
Mojix, Inc
(314) 223-4779
jim.donaldson@mojix.com

Helene de Lailhacar, VP Marketing
Mojix, Inc.
(33) 6 70 61 72 22
helene.delailhacar@mojix.com

(c) Mojix, Inc. Mojix and ytem are registered trademarks of Mojix, Inc.

SOURCE: Mojix, Inc

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Society Pass (Nasdaq: SOPA) to Present at Sidoti Virtual Investor Conference 18-19 January 2023

SINGAPORE, Jan 11, 2023 – (ACN Newswire) – Society Pass Incorporated ("SoPa") (Nasdaq: SOPA), Southeast Asia's (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces Dennis Nguyen, Founder/Chairman/CEO will present and host one-on-one meetings with investors at the Sidoti January Virtual Investor Conference, taking place on 18-19 January 2023.

The presentation will begin at 4:00 PM on Wednesday, 18 January 2023 at in Estate 4 and can be accessed live here. https://sidoti.zoom.us/webinar/register/WN_ZPDz2TnkR9eknfGKZN2UGQ

SOPA will also host virtual one-on-ones with investors on Wednesday and Thursday, 18-19 January 2023. To register for the presentation or one-on-ones, visit www.sidoti.com/events.

About Sidoti & Company

For over two decades, Sidoti & Company has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm's approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America. http://www.sidoti.com/

About Society Pass Inc.

Founded in 2018 as a next generation, data-driven, loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital advertising network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a premier online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please review the following online information which is not part of this press release:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Cautionary Note Concerning Forward-Looking Statements

This press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

17th Edition of Cyber Security Summit: Singapore

Singapore, Jan 11, 2023 – (ACN Newswire) – After successful 16 editions of Cyber Security Summit, Exito is all set to host another milestone event- the 17th Edition of Cyber Security Summit, an in-person event organised under the theme Securing Singapore's Digital Future. The 17th edition of the Cyber Security Summit is an invitation-only in-person event exclusively for cybersecurity leaders in Singapore. Singapore has long set its sights on becoming a world-class, tech-driven city-state. The Smart Nation initiative was established to achieve this by harnessing IT, networks, and big data to create tech-enabled solutions. The cybersecurity industry is crucial in "underpinning a sustainable digital future," as stated by Teo Chee Hean, Singapore's coordinating minister for national security.



According to the Infocomm Media Development Authority, the cybersecurity market in Singapore is expected to reach USD 889 million in 2022. From 2022 to 2030, the market is projected to grow a further 10% to 13% to become a USD 2.4 billion market. In October 2021, Singapore launched the Singapore Cybersecurity Strategy 2021, outlining the country's goals and approach to adapt to a rapidly evolving strategic and technological environment. Strategy 2021 will support industry innovation and the growth of cyber entrepreneurs and start-ups in Singapore through targeted government initiatives. The agenda of the Cyber Security Summit is aligned with the Singaporean government's strategies to make organisations cyber resilient.

The conference will host 150+ IT security leaders, to network, learn, be inspired, and collaborate in identifying and addressing cyber concerns.

Speakers like Veronica Tan, Director, Safer Cyberspace, Cyber Security Agency of Singapore, Steven SIM kok Leong, President, ISACA Singapore Chapter, AJ Eserjose, Regional Director, OT- ISAC, Working Group Member on Cyber Resilience in oil & gas, World Economic Forum, John Lee, Managing Director (Asia- Pacific), Global Resilience Federation, Anthony Lim, Director, The Centre for Strategic Cyberspace + international Studies, David Ng, Head of Group Technology Information, Security Office, OCBC Bank.

Marcus Tu, Head of Cybersecurity, Singapore Post Ltd. among many others will be sharing their experiences and expertise at the summit.

Event registration has commenced for Delegates and Sponsors.

– The delegates will be exposed to in-depth, trend-forward sessions & workshops – practical takeaways and ideas to keep you ahead in the digital economy.
– The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.
– Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, expert resources, friends and colleagues on 22nd & 23rd February.

Register now to engage at this grand event as the slots are filling up fast.

To know more about the event, http://www.cybersecuritysummit/singapore

About Exito

We are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries.We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection!

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

DIF Capital Partners acquires US-based data center provider Tonaquint

ST. GEORGE, Utah, Jan 11, 2023 – (ACN Newswire) – DIF Capital Partners is pleased to announce that it has signed an agreement to acquire Tonaquint Data Centers, a leading data center provider in the Mountain West region in the United States, headquartered in St. George, Utah. Tonaquint's management continues to hold a minority stake. The investment will be done through DIF's core-plus CIF III fund.

Tonaquint is a colocation and cloud service provider with operations in St. George, Utah and Boise, Idaho. The company offers a comprehensive set of critical infrastructure products and services and is active in a fast-growing segment of the digital industry. The acquisition will enable Tonaquint to continue its growth, enhancing its existing facilities and expanding its service offering.

Tonaquint is mainly focusing on high-growth smaller markets, which are not as well serviced by other major data center operators. It serves a well-diversified and growing client base in the technology, healthcare, financial services, and industrial sectors.

DIF data center operating advisor Michael DeVito will be joining the Tonaquint management team to further build out the company in North America.

Willem Jansonius, partner and Head of CIF at DIF Capital Partners, commented: "Given the rapid growth of the private cloud market, Tonaquint's product offering is right where the opportunities are. Now and in the years to come. Our investment will enable Tonaquint to further build towards a leading North American data center platform. The acquisition fits DIF's ambition to further grow in the digital infrastructure space in North America and beyond by investing in small to medium-sized businesses. That's exactly why we already started expanding our capabilities and expertise in the sector a few years ago."

Matt Hamlin, co-founder and CEO of Tonaquint said: "Working with the DIF team has been such a great experience. A very experienced team and a good strategic fit as they will be able to help our management team grow Tonaquint as we have envisioned in our overall business strategy. Our goals still remain the same: provide our customers with the best infrastructure and match it with the best client experience. That's who we are."

Philip Daley, co-founder and COO of Tonaquint added: "Tonaquint's ability to build and maintain quality data centers and cloud services is now enhanced by DIF's ability to bring additional capital and expertise in digital infrastructure. We look forward to expanding our footprint and services throughout the United States."

Bank Street Group LLC served as exclusive financial advisor to Tonaquint in connection with this transaction. Agentis Capital served as an exclusive financial advisor to DIF.

About Tonaquint

Tonaquint is a leading data center provider which operates two data center facilities in St. George, Utah and Boise, Idaho. Tonaquint was founded in 2008, and entered into the Boise market in 2020 with the acquisition of Fiberpipe Data Centers, Inc. The company provides data center services to over 250 customers across its two facilities. Tonaquint provides a robust product suite including colocation, cloud services (including secure and compliant hosting for infrastructure), disaster recovery, and backup as a service, as well as ancillary network and managed services. Tonaquint has achieved strong success within its existing markets, leveraging a sales strategy focused on developing local relationships to build to a longstanding customer base. For more information please visit www.tonaquint.com.

About DIF Capital Partners

DIF Capital Partners is an independent infrastructure fund manager, with more than EUR 15 billion of AUM. DIF was founded in 2005 and has built a leading position in managing mid-market investments, primarily in Europe, North America and Australia.

DIF follows two strategies: its traditional DIF funds, of which DIF VII is the latest fund in the series, invest in lower risk mid-sized infrastructure projects and companies in the energy transition (incl. renewables) and utilities sector, as well as PPPs and concessions. The firm's CIF funds invest in small to mid-sized companies that will thrive in the new economy. These companies are typically active in the digital, energy transition and sustainable transportation sector.

With a team of over 200 professionals in 11 offices, DIF Capital Partners offers a unique market approach combining global presence with the benefits of strong local networks and investment capabilities. DIF is located in Amsterdam (Schiphol), Frankfurt, Helsinki, London, Luxembourg, Madrid, New York, Paris, Santiago, Sydney and Toronto. For more information please visit www.dif.eu.

Contact DIF:
Diederik Heinink, d.heinink@dif.eu

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Society Pass (Nasdaq: SOPA)’s NusaTrip Opens Regional Office in Singapore to Service Booming Rebound in Southeast Asia Travel Market

SINGAPORE, Jan 4, 2023 – (ACN Newswire) – NusaTrip, Indonesia's first IATA-certified online travel agency (OTA) and the travel vertical of Society Pass Incorporated (Nasdaq: SOPA), today announces the opening of its first regional office in Singapore and first office outside of Indonesia. The office opening positions NusaTrip as the travel platform of choice for travelers desiring access to the booming recovery of Southeast Asia's (SEA) tourism industry and reflects NusaTrip's commitment to developing a wider range of marketing and commercial partnerships with airlines, hotels, and tourism boards. Customers in Singapore can now directly book flights and hotel rooms and pay in local currency on NusaTrip.com's dedicated website for Singapore travelers.

"Singapore's strategic location at the center of Southeast Asia (SEA) make it a preferred destination for travelers from around the globe. Ranked the third busiest airport in the world by Skytrax, Singapore's Changi Airport (IATA: SIN, ICAO: WSSS) plays an important and strategic role in SEA's travel, tourism, and hospitality industry. The presence of NusaTrip in Singapore is only the beginning of many significant advancements to come. It is an important step toward increasing our accessibility and credibility among our key stakeholders in SEA", said NusaTrip's CEO, Johanes (Joe) Chang.

Leveraging SEA's soaring momentum of the travel and tourism industry recovery post-COVID-19 pandemic, NusaTrip is expanding its offering beyond air travel. According to the World Travel & Tourism Council's "Travel & Tourism Economic Impact 2022" report, the Travel & Tourism GDP in Asia-Pacific is forecasted to grow at an average annual rate of 8.5% or twice the 4% growth rate for the regional economy. Against this backdrop, NusaTrip expects to significantly add to its supply of hotels beyond the current 200,000 registered hotels on its platform. NusaTrip connects worldwide flight content through streamlined integration with low-cost and full-service airlines from multiple points of sale and enables global distribution at ease via its proprietary technology, the NusaXchange platform.

About NusaTrip

Founded in 2013, NusaTrip is an IATA-licensed, Indonesia-based online travel agency serving both local and global customers and partners by optimising cutting-edge technology and providing 24/7 customer-centric support team-as-a-service. NusaTrip is a member of Society Pass (Nasdaq: SoPa) ecosystem. For more information, please review: https://www.nusatrip.com.

About Society Pass Inc.

Founded in 2018 as a next generation, data-driven, loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital advertising network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a premier online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please review the following online information which is not part of this press release:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Cautionary Note Concerning Forward-Looking Statements

This press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contacts:
Rosa Milyarna – NusaTrip Indonesia
Rosa@nusatrip.com

NusaTrip/Society Pass ID PR Representatives
Elisabeth (elisabeth.winiartati@gmail.com | +62813375150220)
Angga (anggahadi@gmail.com | +6281213858388)

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com