Washington Companies Fails in Bid to Escape Case Via Motion for Summary Judgment, Case Now Cleared for Trial

LAS VEGAS, NV, Apr 24, 2020 – (ACN Newswire) – In a recent court ruling in the lawsuit between Environmental Transportation of Nevada, LLC (ETON) versus Komatsu America Corp., Komatsu Equipment Company (KEC), and Modern Machinery Co., Inc. of Rochester, WA. (part of a large consortium of privately held companies collectively known as the Washington Companies), regarding contributory negligence in the destruction of a bridge over Interstate 5 in Washington State, the summary judgment motion from Modern Machinery was denied along with Komatsu indemnity claims. One separate motion for summary judgment against ETON's claims was granted. The United States Federal Court Judge has determined that there are material facts in question as to the Washington Companies division's actions that need to be determined by a jury, thus clearing the way for a trial.

On July 20, 2016, a semi-truck hauling a pair of Komatsu excavators hit the overpass spanning Interstate 5 near Chehalis, WA, causing significant structural damage leading to a lawsuit between Environmental Transportation of Nevada, LLC (ETON) versus Komatsu America Corp., Komatsu Equipment Company (KEC) and Modern Machinery Co., Inc. of Rochester, WA.

The suit alleges that Komatsu America's agent Modern Machinery failed to load the excavators properly and in accordance with Komatsu's published shipping dimensions for the equipment under transport. ETON alleges that the knowing failure to load pursuant to the manufacturer recommendations was the cause of the accident and damage to the bridge.

During deposition, testimony revealed the possibility of two different Modern Machinery incident reports – one created by an employee and one later created by management. ETON will continue to use the issue of multiple reports as part of the case presentation for the jury.

Modern Machinery is a part of a large consortium of privately held companies collectively known as the Washington Companies, owned by billionaire Dennis R. Washington. Modern Machinery sells and rents high quality heavy equipment and provides product support to the construction, mining, and forestry industries. The Modern Machinery terminal in Rochester, WA is a home to a large staging area for a variety of Komatsu products brought from overseas awaiting shipment to other Komatsu dealers.

ETON is a Las Vegas-based premier transportation company serving the Western United States with equipment, professional drivers and superior on-time service.

Komatsu America Corp. is a U.S. subsidiary of Komatsu Ltd., the world's second largest manufacturer and supplier of earth-moving equipment, consisting of construction, mining and compact construction equipment.

CONTACT:
Mitchell Truman
(702) 348-6370

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech and The Hackett Group Announce Strategic Partnership to Help Organizations Transform the Close

DALLAS, MIAMI & LONDON / ACCESSWIRE, Apr 23, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, and The Hackett Group, Inc. (HCKT), an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation firm to global companies, today jointly announced a strategic alliance to deliver finance solutions that empower organizations to deliver real-time financial intelligence to executives and add strategic value to the enterprise.

"The demand for Record to Report technology solutions continues to grow as finance organizations around the world seek to increase not only the efficiency, but also the effectiveness of their financial close," said David Dungan, Vice Chairman and COO of The Hackett Group. "We believe this strategic partnership with Trintech will offer customers a comprehensive solution that will drive true financial transformation."

With this strategic alliance, Trintech and The Hackett Group will provide CFO and CIO organizations with effective finance processes and technology solutions that optimize efficiencies, visibility, governance and controls across the entire Record to Report process. By improving and automating these operations, Trintech and The Hackett Group will help the office of the CFO reduce costs and risk and allow them to free up valuable resources to refocus their time and effort on other initiatives critical to the business.

"We are confident that organizations committed to digitally enabling and transforming their financial processes will benefit immensely from the combination of Trintech's System of Accounting Intelligence(TM) and The Hackett Group's expertise in helping businesses simplify, standardize, and automate their processes," said Russ Hubbard, Chief Revenue Officer at Trintech. "Together, we aim to help finance organizations become simpler, agile and more efficient."

With this partnership, Trintech's customers will be able to extend and augment the benefits they have experienced from utilizing Trintech's leading Record to Report solution by engaging The Hackett Group's empirical benchmarks, intellectual property, and focused consulting capabilities that detail how companies can improve efficiency and effectiveness and quantify world-class and peer performance. The Hackett Group's research also spotlights strategic thinking in financial transformation strategy, best practices and emerging areas – including the increasing use of digital transformation such as robotic process automation and artificial intelligence.

About The Hackett Group

The Hackett Group (HCKT) is an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation firm to global companies, offering digital transformation including robotic process automation and enterprise cloud application implementation. Services include business transformation, enterprise analytics, working capital management and global business services. The Hackett Group also provides dedicated expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement and information technology, including its award-winning Oracle and SAP practices.

The Hackett Group has completed more than 15,000 benchmarking studies with major corporations and government agencies, including 97% of the Dow Jones Industrials, 89% of the Fortune 100, 87% of the DAX 30 and 59% of the FTSE 100. These studies drive its Best Practice Intelligence Center(TM) which includes the firm's benchmarking metrics, best practices repository and best practice configuration guides and process flows, which enable The Hackett Group's clients and partners to achieve world-class performance.

More information on The Hackett Group is available at: www.thehackettgroup.com, info@thehackettgroup.com, or by calling +1-770-225-3600.

Hackett Cautionary Statement Regarding "Forward Looking" Statements

This release contains "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. Statements including without limitation, words such as "expects", "anticipates", "intends", "plans", "believes", seeks", "estimates" or other similar phrases or variations of such words or similar expressions indicating, present or future anticipated or expected occurrences or outcomes are intended to identify such forward looking statements. Forward looking statements are not statements of historical fact and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Factors that may impact such forward looking statements include without limitation, the ability of Hackett to effectively market and continuing demand for Trintech software, its digital transformation and other consulting services, competition from other consulting and technology companies who may have or develop in the future, similar offerings, the commercial viability of Hackett and its services as well as other risk detailed in Hackett's reports filed with the United States Securities and Exchange Commission. Hackett does not undertake any duty to update this release or any forward looking statements contained herein.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contacts:
Kelli Shoevlin, Trintech – +1-972-739-1680 or Kelli.Shoevlin@trintech.com
Gary Baker, The Hackett Group – +1-917-796-2391 or gbaker@thehackettgroup.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Offers Cadency Close Management at No Cost to Help Large Enterprises Manage Their Close Process Virtually

DALLAS, TX / ACCESSWIRE, Apr 16, 2020 – (ACN Newswire) – As finance & accounting (F&A) teams adjust to a new way of working with a dispersed remote workforce, Trintech announces that its enterprise-grade Cadency Close Management solution will be available at no cost, for up to 6 months, to help large enterprises manage their close process virtually. With this offer, Trintech's professional services team will assist in the implementation and configuration of the solution including building, organizing and importing your close checklist into Cadency. In addition, they will provide training and support to help your team achieve greater visibility and control, leading to a more resilient organization.

"We operate in 40 countries, have 225 entities, and buy 6-12 companies a year," said Jim Agnew, SVP Corporate Controller at Ingram Micro, Inc. "With Cadency Close, we have visibility into the financial close process daily, as well as harmonization and standardization across all our countries and entities. So, a close process being done in Peru is the same process being done in Germany or the United States."

Cadency Close Management integrates with all key Record to Report activities including account reconciliation and certification, journal entry management and compliance, quickly preventing "white space" breakdowns. With a dashboard-driven management framework, the solution allows your finance team to identify bottlenecks and communicate potential issues early and often, greatly reducing the possibility of missed deadlines. In addition, an eBinder creates a thorough record of all actions, making it easy to retrace every facet of the financial close. According to a third-party research study, Cadency Close Management customers have seen up to a 30% reduction in time to complete close tasks and up to a 99% reduction in time to support external auditors[1].

"Transparency, automation and standardization have always been critical to Finance & Accounting organizations, but the transition to a completely remote workforce has only exacerbated this need," said Teresa Mackintosh, Chief Executive Officer at Trintech. "As a trusted advisor to finance and accounting professionals across the globe, we want to ensure we are providing these organizations with as many resources as possible to help drive their businesses forward and alleviate some stress during this time. This offering will provide new and existing customers increased visibility and control, leading to a more resilient organization."

Included with the offering of the Cadency Close Management solution, organizations can gain full access to Trintech's Customer Success Center consisting of educational online resources and self-led training materials, a knowledge base, and forums where you can ask questions and share best practices with other Cadency Close Management users.

"During this unprecedented time, Cadency along with our teams have helped to ensure the accuracy and quality of our financial statements while working remotely," said Jackie Peters, General Accounting Design, Process and Systems Senior Manager at HP.

Trintech is also working very closely with our strategic partners, such as KPMG LLP, to help customers adapt to this new environment and prepare them for what to expect. Trintech and KPMG will be hosting a virtual panel on Thursday, April 16th, to give companies insight into topics like, how this new way of working will affect the next audit cycle, how to conduct a virtual close, and the risks to consider from a cybersecurity perspective when working in a virtual environment.

"With the global workforce shifting to new delivery models, we've seen clients that have embraced technologies such as Cadency more quickly in order to adapt to unique circumstances brought about by COVID-19," said Scott Cohen, Advisory, KPMG LLP. "It is more important than ever to strengthen organizations through technology and promote collaboration, remote etiquette, and visibility as we navigate our recovery and new reality."

If you are interested in using the Cadency Close Management solution, you can contact us here to get started. https://go.trintech.com/Cadency-Close-Offer-NA.html

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

About KPMG LLP

KPMG is one of the world's leading professional services firms, providing innovative business solutions and audit, tax, and advisory services to many of the world's largest and most prestigious organizations. KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities. KPMG LLP is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's independent member firms have 219,000 professionals working in 147 countries and territories. Learn more at www.kpmg.com/us.

[1] 2017 Cadency ROI Study, Hobson & Company

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Offers Cadency Close Management at No Cost to Help Large Enterprises Manage Their Close Process Virtually

DALLAS, TX / ACCESSWIRE, Apr 16, 2020 – (ACN Newswire) – As finance & accounting (F&A) teams adjust to a new way of working with a dispersed remote workforce, Trintech announces that its enterprise-grade Cadency Close Management solution will be available at no cost, for up to 6 months, to help large enterprises manage their close process virtually. With this offer, Trintech's professional services team will assist in the implementation and configuration of the solution including building, organizing and importing your close checklist into Cadency. In addition, they will provide training and support to help your team achieve greater visibility and control, leading to a more resilient organization.

"We operate in 40 countries, have 225 entities, and buy 6-12 companies a year," said Jim Agnew, SVP Corporate Controller at Ingram Micro, Inc. "With Cadency Close, we have visibility into the financial close process daily, as well as harmonization and standardization across all our countries and entities. So, a close process being done in Peru is the same process being done in Germany or the United States."

Cadency Close Management integrates with all key Record to Report activities including account reconciliation and certification, journal entry management and compliance, quickly preventing "white space" breakdowns. With a dashboard-driven management framework, the solution allows your finance team to identify bottlenecks and communicate potential issues early and often, greatly reducing the possibility of missed deadlines. In addition, an eBinder creates a thorough record of all actions, making it easy to retrace every facet of the financial close. According to a third-party research study, Cadency Close Management customers have seen up to a 30% reduction in time to complete close tasks and up to a 99% reduction in time to support external auditors[1].

"Transparency, automation and standardization have always been critical to Finance & Accounting organizations, but the transition to a completely remote workforce has only exacerbated this need," said Teresa Mackintosh, Chief Executive Officer at Trintech. "As a trusted advisor to finance and accounting professionals across the globe, we want to ensure we are providing these organizations with as many resources as possible to help drive their businesses forward and alleviate some stress during this time. This offering will provide new and existing customers increased visibility and control, leading to a more resilient organization."

Included with the offering of the Cadency Close Management solution, organizations can gain full access to Trintech's Customer Success Center consisting of educational online resources and self-led training materials, a knowledge base, and forums where you can ask questions and share best practices with other Cadency Close Management users.

"During this unprecedented time, Cadency along with our teams have helped to ensure the accuracy and quality of our financial statements while working remotely," said Jackie Peters, General Accounting Design, Process and Systems Senior Manager at HP.

Trintech is also working very closely with our strategic partners, such as KPMG LLP, to help customers adapt to this new environment and prepare them for what to expect. Trintech and KPMG will be hosting a virtual panel on Thursday, April 16th, to give companies insight into topics like, how this new way of working will affect the next audit cycle, how to conduct a virtual close, and the risks to consider from a cybersecurity perspective when working in a virtual environment.

"With the global workforce shifting to new delivery models, we've seen clients that have embraced technologies such as Cadency more quickly in order to adapt to unique circumstances brought about by COVID-19," said Scott Cohen, Advisory, KPMG LLP. "It is more important than ever to strengthen organizations through technology and promote collaboration, remote etiquette, and visibility as we navigate our recovery and new reality."

If you are interested in using the Cadency Close Management solution, you can contact us here to get started. https://go.trintech.com/Cadency-Close-Offer-NA.html

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

About KPMG LLP

KPMG is one of the world's leading professional services firms, providing innovative business solutions and audit, tax, and advisory services to many of the world's largest and most prestigious organizations. KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities. KPMG LLP is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's independent member firms have 219,000 professionals working in 147 countries and territories. Learn more at www.kpmg.com/us.

[1] 2017 Cadency ROI Study, Hobson & Company

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Partners with Sage to Help Businesses Simplify and Accelerate Financial Close Processes

DALLAS, TX / ACCESSWIRE, Apr 3, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced a technology partnership with Sage to help companies simplify and accelerate financial close processes. As part of this partnership, Trintech has created a pre-built, Sage Intacct-certified connector for its Adra Suite, allowing companies to reduce the cost and time associated with data integration between the two solutions.

"With this Trintech partnership, businesses leveraging the powerful cloud financial management capabilities of Sage Intacct can seamlessly integrate with Trintech's Adra Suite to achieve greater visibility and control over their financial close process," said Eileen Wiens, VP of Business Development for Sage Intacct.

Currently available in the Sage Intacct Marketplace, Trintech's pre-built, Sage Intacct-certified connector automatically retrieves the data required in the reconciliation and close process, removing manual processing requirements and reducing dependency on internal IT organizations. The connector leverages Sage Intacct APIs to obtain open accounts, limits the request to specific accounts, and retrieves GL balance or transactions for integration with the Adra Suite. With this integration, organizations remove ongoing support and custom code costs – increasing the organizations ROI.

"The combination of Sage Intacct and our Adra Suite helps companies establish an operational framework to reduce expense and time, while better fulfilling organization expectations," said Darren Heffernan, President, Mid-Market at Trintech. "Together, we provide innovative solutions that help finance and accounting teams achieve shorter close cycles and better controls, enabling them to focus their time and effort on helping achieve the strategic directions of their organizations."

Deployed by over 1,800 companies across the globe, the Adra Suite provides cloud-based, financial close and reconciliation solutions for companies looking to quickly increase the efficiency, control and visibility for all key areas of the financial close process including: balance sheet reconciliations (Adra Balancer), transaction matching (Adra Matcher), and financial task management and controls (Adra Task Manager).

Businesses interested in the Adra Suite or Sage Intacct solution can request more information at https://www.trintech.com/adra/schedule-a-demo/ or on the Sage Intacct Marketplace.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

US Lighting Group Develops UV LED Light Bulb to Help Fight the Spread of Viral Pathogens Like COVID-19

EASTLAKE, OH / ACCESSWIRE, Apr 3, 2020 – (ACN Newswire) – US Lighting Group, Inc. (OTCPINK:USLG) today announced it is developing a new UV LED Plug-n-Play 4-foot, commercial bulb to replace traditional florescent lights to help combat viral pathogens like COVID-19 using ultraviolet light technology to sterilize surfaces. Paul Spivak, CEO of the US Lighting Group, currently holds two patents issued by the United States Patent and Trademark Office. Patent No. 6828576 and Patent No. 7229467 were issued for UV LED Light Projection Method and Apparatus using ultraviolet and LED lighting technology.

"We are ecstatic to announce that we have engineered the latest Plug-n-Play 4-foot, commercial replacement bulb with our UV LED lighting technology. The US Lighting Group manufactures commercial LED light bulbs, so adding our patented UV LED lights to our existing LED light bulb will put the company light years ahead of the industry," said Paul Spivak, CEO of the US Lighting Group. "These UV LED light bulbs have the potential to disinfect viral agents in critical areas including hospitals, supermarkets, schools, airports, medical labs, senior care centers, fire and police stations. We anticipate a significant growth potential for the company from the development of our new UV LED light bulb."

Scientific research has proven that UV lights have the capability to disinfect pathogens like flus and superbugs. UV LED lighting will be effective in helping to disinfect viral pathogens giving patients, customers, workers and families a measure of protection against the spread of infections. Other applications that use ultraviolet lighting include Vitamin D generation, an essential vitamin which many people lack. The US Lighting Group's UV LED lighting can also be employed in schools, government buildings, office buildings, and hotels. Germicidal UV lighting products have an effective success rate in sterilizing pathogens based on scientific research.

About U.S. Lighting Group, Inc.

US Lighting Group (OTC:USLG) and its wholly owned subsidiary, Intellitronix Corporation, are leading manufacturers of electronics, supplying growth sectors such as LED lighting, custom designed LED products, microprocessor-controlled LED instrumentation, custom private labeled electronics, automotive, RV, and marine electronics, and high-tech robotics utilizing our own in-house proprietary artificial intelligence. The company has manufacturing and R&D facilities in Cleveland, Ohio with an international sales distribution network. www.uslightinggroup.com

Forward-Looking Statements

Statements included in this press release, other than statements of historical fact, are forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are typically, but not always, identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements.

Contact

US Lighting Group
34099 Melinz Pkway, Unit E
Eastlake, OH 44095 USA
T: +1 216.896.7000 ext. 207
shareholder-relations@uslightinggroup.com

SOURCE: US Lighting Group, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Offers Adra Task Manager at No Cost to Help Organizations Close Their Books Confidently While Working Remotely

DALLAS, TX / ACCESSWIRE, Mar 31, 2020 – (ACN Newswire) – In the midst of the current crisis, many finance & accounting (F&A) teams across the globe are navigating unchartered waters as they approach month end close with a dispersed remote workforce. As a leading provider of financial software solutions, Trintech announced today that its best-in-class Adra Task Manager solution will be available at no cost, for up to 6 months, to help mid-sized organizations close their books confidently while they work remotely. This SaaS-based solution is deployed remotely and can be up and running in minutes, fully functional within a day or two, ensuring accuracy and simplifying your existing processes.

Diane Foss, Director of Finance at Genesis Systems recently stated, "I'm really glad we implemented both Adra Task Manager and Balancer, especially with the current situation. We do have quite a few of our departments working from home now and Adra will help so much in keeping track of where we are at with our upcoming close since we aren't a shout away from each other."

With Adra Task Manager, task lists are built with clear and concise instructions that create ownership and accountability across your remote organization. Real-time dashboards allow managers to check progress anytime and from anywhere to help identify issues that need immediate attention, and to ensure clear, efficient communication. Notifications and alerts keep teams on task, with archived comments to streamline future communications. The approval workflow and built-in segregation of duties provides needed governance and control, with an audit trail automatically created to allow for consistent tracking.

"As someone who has worked in Finance for 20+ years and was the previous CFO of Trintech, I know firsthand how stressful the month-end process can be, especially during a dynamic time like this," said Darren Heffernan, President, Mid-Market at Trintech. "As organizations navigate their new "normal" of working remotely, we will be offering our Adra Task Manager solution at no cost for up to 6 months to help ease this transition. This offering will provide new and existing customers increased visibility and control, helping them close their books confidently each month."

In addition to the offering of the Adra Task Manager solution, organizations can gain full access to Trintech's Customer Success Center consisting of educational online resources and self-led training materials including pre-built templates that simplify setup, a knowledge base, and forums where you can ask questions and share best practices with other Task Manager users.

If you are interested in using the Adra Task Manager solution, you can contact us here to get started. https://go.trintech.com/AdraTaskManager-Offer.html

Currently deployed by over 1,800 companies across the globe, the Adra Suite provides cloud-based, financial close and reconciliation solutions for companies looking to quickly increase the efficiency, control and visibility for all key areas of the financial close process including: balance sheet reconciliations (Adra Balancer), transaction matching (Adra Matcher), and financial task management and controls (Adra Task Manager).

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The Ramco Innovation Lab Singapore demos Touch-less Attendance System with Thermal Scan

SINGAPORE, Mar 19, 2020 – (ACN Newswire) – The Ramco Innovation Lab in Singapore today unveiled an advanced 'Touch-less' attendance system with embedded temperature scanning, to improve employee safety right from the entrance. The RamcoGEEK facial recognition system uses IoT based sensor doors, enabling organizations to move towards 'Touch-less' attendance and workplace access in the wake of COVID-19, and the focus back on 'Hygiene'. Ramco will offer the new system on a subsidized basis to Singapore enterprise (250+ employees), expressing gratitude to the city and its workforce where the Innovation Lab and Regional HQ are based.





The Ramco Innovation Lab introduced today's innovation based on Ramco's own facial-recognition attendance system, deployed globally across numerous organizations, combined with a thermal imaging device for temperature measurement and associated software. This enables organizations to track staff or visitors with high temperatures that may indicate infection, and build procedures to avoid further contamination caused by biometric scanners. Ramco Systems, headquartered in Chennai, India, is a global enterprise software specialist which has pioneered many HR-related innovations.

RamcoGEEK for Attendance with Temperature Capturing can detect and match the faces of staff members and mark their attendance along with temperature. Where facial-based attendance is a privacy concern, enterprises can replace it with voice to register access. The system is linked to IoT sensor-powered doors which can restrict access in cases where temperature is higher than normal and auto apply leave on behalf of employees. It communicates the information to HR and management in real-time and tracks the movements of a high-temperature staff in the workplace.

RamcoGEEK for Visitors system can send notifications when it encounters a person with a very high temperature to the facility manager/facility admin and track the movement of that person within that premise.

RamcoGEEK for Contact Tracing can send notifications to all those employees, customers, vendors and others interacted with in-person, in the event any person develops COVID-19 symptoms. Reverse Tracing can also be initiated based on data around positive COVID-19 cases from the external environment. For example, in a positive case of COVID-19 at a restaurant, RamcoGEEK can alert employees who dined at the restaurant to be quarantined based on bills raised.

"We have a major global health pandemic that has affected many. The spread of the disease has brought the focus back on Hygiene and Health of Employees. We built this application to help better address a crisis through technology. Robust containment through a robust attendance and access system with zero contact and temperature measurement can be a key to avoiding easy spread of the virus that can take place with a Biometric access system," said Mr. Virender Aggarwal, CEO of Ramco Systems.

"The launch of the advanced facial attendance system by Ramco Systems is timely, given global concerns over pandemic threats. We continue to see companies undertake a spectrum of innovation activities from Singapore, as they develop new products and solutions to address the needs and challenges of today," said Ms. Junie Fo, Director of Investment Facilitation at the Economic Development Board (EDB), which is backing the new Innovation Lab in Singapore.

Complete with chatbots, voice and facial recognition-based workforce management, organizations can deploy Ramco's HR with Global Payroll on-cloud, on premise or leverage as a managed service. The multi-tenant architecture with embedded intelligence and device agnostic features now serves more than 500+ clients worldwide. With innovative concepts in artificial intelligence (AI) & machine learning, context-sensitive pop-ups and chatbots as self-service customer support, and voice-activated HR transactions based on Google Assistant & Alexa, Ramco has been setting the benchmark for innovation in this segment.

With statutory compliance across 45+ countries covering ANZ, Asia including Japan & China, Middle-East & Africa, UK and Ireland, Ramco's HR with Global Payroll is available in English, Japanese, Mandarin, Bahasa, Thai, Malay and Arabic, among others. To further explore this solution, visit https://tinyurl.com/skgp7ka

Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation. Part of the USD 1 billion Ramco Group, Ramco Systems focuses on Innovation and Culture to differentiate itself in the marketplace.

On the Innovation front, Ramco has been moving towards Active ERP leveraging AI and Machine Learning by building features such as Talk It – which allows transactions to be carried out by simple voice commands, Bot it – which allows users to complete transactions using natural conversations; Mail It – transact with the application by just sending an email; HUB It – a one screen does it all concept built to address all activities of a user; Thumb It – mobility where the system presents users with option to choose rather than type values and Prompt It – a cognitive ability which will let the system complete the transaction and prompts the user for approval.

With 1900+ employees spread across 24 offices, globally, Ramco follows a flat and open culture where employees are encouraged to share knowledge and grow. No Hierarchies, Cabin-less Offices, Respect work and not titles, among others are what makes the team say, Thank God it's Monday!

For more information, please visit https://www.ramco.com/hcm
Follow Ramco on Twitter @ramcosystems / @ramcohcm and stay tuned to http://blogs.ramco.com

Please contact:
Vinitha Ramani
+91 44 6653 4204
vinitharamani@ramco.com


About Ramco Systems



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Tookitaki names industry veteran Joe Friscia to scale US, Asia-Pac expansion

Singapore & Charlotte, NC, Mar 4, 2020 – (ACN Newswire) – Tookitaki Holding Pte Ltd, a next-generation regtech with compliance and reconciliation solutions, has appointed industry veteran Joe Friscia, former President of NICE Actimize and BAE Systems, to the Company's Advisory Board. Joe brings 25 years' experience in the financial crime and enterprise software space at a global level. He will help Tookitaki scale operations in the U.S. as well as advise on inroads in the Asia-Pacific.

"As modern-day criminals thrive with the aid of new and advanced methods of conducting financial crimes, machine learning-based technology is rapidly gaining traction in helping future-proof and thwart these evolving threats. For this reason, I am both proud and excited to be part of the Tookitaki team and helping them make Sustainable Compliance a reality," commented Joe Friscia.

With his deep wealth of experience in the financial crime space, Joe's presence will be invaluable in building business momentum and driving growth for Tookitaki as it looks to expand its offerings around financial crime use cases. He will contribute to Tookitaki's strength in business and go-to-market strategy to help position Tookitaki as the leading RegTech advisor helping banks detect sophisticated money laundering patterns with best-in-class enterprise software solutions.

Joe joins the current board that includes former CEO of online mortgage broker LendingTree, Tom Reddin and ex-Managing Partner of McKinsey & Company, Inc., Shailesh Kekre. With the guidance of strategic advisors, Tookitaki is better positioned to deliver on its vision in revolutionizing regulatory compliance and ensure sustainable compliance programs for financial institutions globally.

Abhishek Chatterjee, Tookitaki CEO and co-founder said, "Tookitaki is delighted to welcome Joe as part of the family. Our vision has always been to revolutionize regulatory compliance and ensure sustainable compliance for all financial institutions. With Joe at the helm, we are better placed to deliver on this vision, growing our presence across the U.S. and Asia-Pacific."

About Tookitaki
Tookitaki is innovating the regulatory compliance space, moving beyond rules-based applications and introducing software solutions that maximize efficiency and reduce risks. Tookitaki's award-winning solutions include an Anti-Money Laundering Suite (AMLS) and a Reconciliation Suite (RS). The Company recently teamed up with Broadridge Financial Solutions, Inc. (NYSE:BR), using their award-winning AI and ML technology to deliver a next-generation platform.

Tookitaki's recent USS11.7 million Series A was co-led by Viola Fintech and SIG, with Nomura Holdings' venture arm Nomura Incubation Investment. Others included Illuminate Financial, Jungle Ventures and SEEDs Capital, the capital arm of the Singapore government. Its strategic fundraise, complemented with Joe's appointment, positions the company to help banking and financial institutions stay 'regulator ready', particularly in the face of rising financial crime complexities.

Media Contacts:
KeKommunikation for Tookitaki Asia-Pacific
Tel:+65 6303 0567; E: Tookitaki@kekommunikation.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Following US$11.7M Series-A Funding, RegTech Firm Tookitaki Appoints Industry Veteran as Advisor to Strengthen Its Presence in The U.S. And Asia-Pacific Region as Part of Expansion Plan

Colorado, USA, Feb 26, 2020 – (ACN Newswire) – Tookitaki Holding Pte. Ltd. (Tookitaki), a global next-generation regulatory technology company with solutions in Financial Crime, announced today that it has appointed industry veteran Joe Friscia, former President of NICE Actimize and BAE Systems as Advisor to the Company's Advisory Board. Joe brings over 25 years' extensive experience in the financial crime and enterprise software domains having handled roles of global scale. Joe will be helping Tookitaki scale its operations in the U.S., as well as advise around strategic inroads into the company's Asia-Pacific presence.

Abhishek Chatterjee, CEO and co-founder of Tookitaki shared, "Tookitaki is absolutely delighted to welcome Joe as part of the family. Our vision has always been to revolutionize regulatory compliance and ensure sustainable compliance programs for every financial institution in the world. With Joe at the helm, we are better placed to deliver on this vision by growing our presence significantly across the U.S. and the Asia-Pacific region."

Tookitaki was founded by Mr Abhishek Chatterjee, its CEO, and Ms Jeeta Bandopadhyay, its COO. Abhishek, who was formerly employed at JP Morgan, observed the 2008 financial crisis first-hand and noted that regulators were stricter about financial checks and balances in a bid to maintain financial stability. Tookitaki was formed from this need to provide sustainable compliance programs in the banking and financial services industry (BFS), using solutions powered by machine learning, Big Data analytics, and distributed data-parallel architecture. The company strives to drive its proprietary technological innovation to help fuel its ongoing fight against money laundering and reconciliation issues.

Ensuring regulatory compliance can be expensive for financial services companies, with the average cost nearly doubled from US$16 million to US$30.9 million between 2011 and 2017 according to a survey. Meanwhile in 2017, over 900 agencies together issued over 200 regulatory updates each day, on average.

"As modern-day criminals thrive with the aid of new and advanced methods of conducting financial crimes, machine learning-based technology is rapidly gaining traction in helping future-proof and thwart these evolving threats. For this reason, I am both proud and excited to be part of the Tookitaki team and helping them make Sustainable Compliance a reality." commented Joe Friscia.

With his deep wealth of experience in the financial crime space, Joe's presence will be invaluable in building business momentum and driving growth for Tookitaki as it looks to expand its offerings around financial crime use cases. He will contribute to Tookitaki's strength in business and go-to-market strategy to help position Tookitaki as the leading RegTech company that helps banks detect sophisticated money laundering patterns with best-in-class enterprise software solutions.

Joe joins the current board that includes former CEO of online mortgage broker LendingTree, Tom Reddin and ex-Managing Partner of McKinsey & Company, Inc., Shailesh Kekre. With the guidance of strategic advisors, Tookitaki is better positioned to deliver its vision in revolutionizing regulatory compliance and ensure sustainable compliance programs for financial institutions globally.

Tookitaki is a pioneer in launching explainable machine learning models in the compliance space and validating the same with global banks and reputed third-party consultants. It recently filed a patent on explainable AI and machine learning framework and models to bring transparency into the validation process and output interpretability by banking customers and regulators. Tookitaki's recent Series A round was co-led by Viola Fintech and SIG, followed by Nomura Holdings through its venture capital arm Nomura Incubation Investment Limited Partnership. Other investors include Illuminate Financial, Jungle Ventures and SEEDs Capital, an investment arm of the Singapore government. Its strategic fundraise, complemented with Joe's appointment, positions the company well to help banking and financial institutions stay "regulator ready", particularly in the face of rising financial crime complexities.

About Tookitaki

Tookitaki is innovating the regulatory compliance space by moving beyond rules-based applications and introducing software solutions to maximize efficiency and reduce risks in compliance processes. In the regulatory compliance space, the company's award-winning offerings include an Anti-Money Laundering Suite (AMLS) and a Reconciliation Suite (RS). Tookitaki has also successfully teamed up with Broadridge Financial Solutions, Inc. (NYSE:BR) in utilizing their award-winning AI and ML technology to deliver a next-generation platform addressing industry-wide reconciliation, matching and exception processing inefficiencies. Incorporated in November 2014, the company is led by a core team with a cumulative 150-years' experience in finance, AI, Big Data Analytics and financial crime. It has offices in the US, Singapore and India. In 2019, Tookitaki won UBS Future of Fintech Challenge and the SG:D Techblazer Awards, along with the Technology Pioneer recognition by the World Economic Forum. Visit us at www.tookitaki.ai

Media Contacts:
KeKommunikation for Tookitaki in Asia-Pacific
Email: Tookitaki@kekommunikation.com; Tel: +65 6303 0567

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com