Day: August 17, 2022

National mortgage lender implements Nexus Engagement and Nexus Origination to support the diverse financial needs of customers with a modern mobile lending experience

LEHI, Utah, Aug. 17, 2022 (GLOBE NEWSWIRE) — SimpleNexus (https://simplenexus.com/), an nCino (NASDAQ: NCNO) company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, announced today that Angel Oak Home Loans has selected SimpleNexus’ Nexus Engagement and Nexus Origination to support a streamlined mortgage experience for a wide range of borrowers.

Angel Oak Home Loans is an Atlanta-based, full-service mortgage lender that prides itself on offering a variety of agency and non-qualified mortgage (non-QM) products to meet the unique home financing needs of its customers. The lender’s decision to implement SimpleNexus was primarily driven by the homeownership platform’s ability to provide a mobile-first toolset that enhances customer experience and streamlines loan origination. A customized, dynamic loan application developed for Angel Oak Home Loans supports both agency mortgage lending and unique data fields for non-QM lending. Additionally, SimpleNexus’ streamlined management of “one off docs” enables loan originators to efficiently generate, distribute, e-sign and organize these document types.

“At Angel Oak, we are enthusiastic proponents of using technology to optimize business processes and improve the borrower experience at every point in the mortgage transaction because it generates better outcomes for everyone,” said Richard LaNasa, president of Angel Oak Home Loans. “SimpleNexus is a cutting-edge platform that provides the best of both worlds: a single-sign-on borrower experience that reinforces customer trust in our brand and point-of-sale with seamless workflows that unify efficient production of our lending portfolio.”

“While it’s true that no two lenders do business the same way, Angel Oak Home Loans has a clear commitment to making homeownership possible for creditworthy borrowers of diverse financial backgrounds,” said Shane Westra, chief product officer of SimpleNexus. “We are proud to bolster the growth and innovation that Angel Oak Home Loans brings to the mortgage industry.”

About SimpleNexus
SimpleNexus, an nCino (NASDAQ: NCNO) company, is an award-winning developer of mobile-first technology for the modern mortgage lender. U.S. lenders depend on our namesake homeownership platform to unite the people, systems and stages of the mortgage process into a seamless, end-to-end solution that spans engagement, origination, closing and business intelligence. By helping lenders manage their teams and stay connected with borrowers and real estate professionals, we deliver a measurable return on investment in the form of reduced turn times, increased loan application submissions and more referral business. A four-time Inc. 5000 company, SimpleNexus has been recognized as one of the world’s Best Workplaces for Innovators. For more information, visit https://www.simplenexus.com or follow @SimpleNexus.

Media Contacts
Leslie Colley
DepthPR for SimpleNexus
+1 678.622.6229
leslie@depthpr.com

David Bolin
SimpleNexus
+1 414.688.6077
dbolin@simplenexus.com

Safe Harbor Statement
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC’s web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.

Join executives from SENEX Energy, South32, Fluence and Barclays as event looks at the Asian Pacific commodities outlook

LONDON/HOUSTON/SINGAPORE, Aug. 17, 2022 (GLOBE NEWSWIRE) — Amidst massive global change, long-established energy and commodity flows are in turmoil, and trade balances are shifting. Asian markets are feeling the pressure of geopolitical rifts, supply chain risks and rising costs, which are all reshaping the energy transition.

Join Wood Mackenzie’s expert analysts, as well as leaders from across the industry, to hear how governments, companies and investors can successfully navigate the challenges ahead at its flagship Asia Pacific (APAC) Energy & Natural Resources Summit on September 13.

As well as exclusive presentations from Wood Mackenzie experts and a top-tier speaker line-up, including representatives from SENEX Energy, BHP and Barclays, the hybrid in-person and virtual conference provides the opportunity to connect with top renewable developers and utilities, transmission operators, energy regulatory bodies, investment entities, policy-makers, entrepreneurs, regulators and technology providers across the APAC region.

Key themes on the agenda include:

• The Role of Metals in the Transition – Underpinning or Undermining Progress?
• Navigating the Energy Crisis – Policy, Financing and Opportunities Amid Record Prices
• China, India and The New Energy Disorder
• Women in Energy and Metals and Mining – A Just Transition in Asia Pacific
• Achieving Net Zero in APAC – Are We Backing the Right Technologies?

The Energy & Natural Resources Summit will hear from leading experts from across the industry including:

• Ian Davies, Managing Director & CEO, SENEX Energy
• Michiel Hovers, Group Sales and Marketing Officer, BHP
• Cynthia Lim, Group Economist & Manager Market Analysis, South32
• Isabelle de Lovinfosse, COP26 Team Lead, British High Commission
• Achal Sondhi, VP of Growth, APAC, Fluence
• Wei Lynn Tan, Head of Sustainable Investment, Barclays
• Ben Arnott, Managing Director, Head of Energy Finance and Advisory South East Asia Société Générale

To reserve your place at Wood Mackenzie’s flagship Energy & Natural Resources Summit APAC, or for further information, please click on this link.

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• Attestation of vaccination from all Wood Mackenzie employees and event attendees 
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The responsibility for a safe and healthy event environment is shared among the event organiser, venues and every participant. All participants are expected to adhere to and abide by the safety precautions Verisk is implementing to protect against the spread of COVID-19. 

As part of your responsibilities, you should not attend this event if you: 

• Are experiencing, or within the 10 days prior, have experienced  signs and symptoms of COVID-19.  
• Have traveled to any high COVID-risk area in the last 10 days 
• Believe that you may have been exposed to a confirmed or suspected case of COVID-19.  
• Have been diagnosed with COVID-19 and are not yet cleared as non-contagious by the health care team responsible for your treatment.  

Conference attendees should self-monitor for signs and symptoms of COVID-19 and are asked to contact the Wood Mackenzie events team at events@woodmac.com if they experience symptoms of COVID-19 within 2 days after the event. Should any positive cases be reported, Wood Mackenzie will communicate this information to all registered participants. Any private health or personal data received by Wood Mackenzie will be treated as confidential. 

*All Wood Mackenzie policies are subject to change. A notification will be sent to all registered attendees if changes are made. 

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

For further speaking and programme enquiries, please contact Wood Mackenzie’s Events team:

Julia O’Hegarty - Content Producer
E:julia.o'hegarty@woodmac.com
T: +44 7771 547086

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The leading provider of satellite communications technology announces agreement with global connectivity solutions provider to serve emerging and existing markets

PYEONGTAEK, South Korea, Aug. 17, 2022 (GLOBE NEWSWIRE) — Intellian, a leading provider of future-proof satellite communications technology solutions, has announced a multi-year partnership agreement with Speedcast, one of the world’s largest satellite communications service providers. The multi-million-dollar agreement will enable Intellian and Speedcast to collaborate in serving multiple markets with future-proof satellite connectivity, including the maritime and energy sectors.

The partnership builds upon the success of the existing relationship between the two organizations in the energy, commercial maritime and cruise industries, and comes at a promising time for the industry, which has been experiencing a recent explosion in demand. As part of the agreement, Intellian will continue to provide equipment to Speedcast as a preferred supplier, ensuring delivery to meet customer needs, despite volatile supply chain constraints. Specifically, this equipment encompasses the full range of Intellian’s maritime portfolio, from the C700 up to v240M/MT models, as well as LEO antenna systems and the inclusion of future land antennas, enabling Speedcast to serve every market. Additionally, Intellian will support continued equipment upgrades across Speedcast’s existing customer sites.

Intellian’s expanding product portfolio, from the industry-leading v240MT Tri-band antenna, NX Maritime VSAT Series to the recently announced range of Enterprise terminals, will enable Speedcast to meet increasing customer demand amidst growth in the satellite communications sector. The upcoming launch of another factory in Pyeongtaek, South Korea will boost production and supercharge capacity, enabling Intellian to deliver optimized logistics and warehousing capabilities to Speedcast.

The agreement comes on the heels of Speedcast’s recent renewals with all of its major cruise customers and the expansion of its Unified Global Platform (UGP), with the addition of 13 Gbps of capacity to its network, in part to support European and Alaskan cruise requirements. Speedcast’s platform now includes 30 Gbps of total bandwidth, which the company leverages in the design and deployment of complete managed connectivity solutions for customers across energy, passenger and commercial maritime, and enterprise markets.

Eric Sung, CEO and President at Intellian, commented: “Intellian is delighted to announce this strengthened partnership with Speedcast, building on an existing successful relationship. With Speedcast’s global presence and expertise across multiple market sectors, this agreement signifies an important partnership for the industry. The collaboration will allow us to continue to provide innovative solutions and value to customers globally, addressing the burgeoning demand for satellite communications across the markets we serve.”

Joe Spytek, CEO at Speedcast, shared: “Speedcast’s industry-leading portfolio and extensive multi-technology terrestrial and offshore network are well-matched with Intellian’s best-in-class technology solutions to serve our customers across the globe. We look forward to our continued collaboration, enabling the seamless delivery of critical connectivity solutions to meet the needs of our valued customers in all the markets we serve.”

About Intellian Technologies, Inc.

Intellian is driven by a passion for innovation and an agile responsiveness to customer needs. As the crucial link between satellite networks and millions of people on Earth, Intellian’s leading technology and antennas empower global connectivity across oceans and continents, organizations and communities. Strategic thinking, an obsession with quality and a proven ability to deliver enables Intellian to invent for the future, creating mutual success for partners and customers as the world’s connectivity needs evolve. For more information, follow @intellian and visit intelliantech.com. Intellian Technologies Inc. is listed on the Korean Stock Exchange, KOSDAQ (189300:KS).

About Speedcast
Speedcast is a leading communications and IT services provider, delivering critical communications services to the Maritime, Energy, Mining, Media, Telecom, Cruise, NGO, Government, and Enterprise sectors. The company leverages its global network platform to provide fully connected systems that harness technologies and applications to transform what remote operations can achieve. With one of the world’s most comprehensive networks, Speedcast enables faster, seamless pole-to-pole coverage from a global hybrid satellite, fiber, cellular, microwave, MPLS, and IP transport network with direct access to public cloud platforms. The company integrates differentiated technology offerings that provide smarter ways to communicate and distribute content, manage network and remote operations, protect and secure investments, and improve the crew and guest experience. With a passionate customer focus and a strong safety culture, Speedcast serves more than 3,200 customers in over 140 countries. Learn more at www.speedcast.com.

Speedcast® is a trademark and registered trademark. All other brand names, product names, or trademarks belong to their respective owners.

© 2022 Speedcast. All rights reserved.

Intellian Contact:
Stacey Nardozzi
Account Director at The Octopus Group
Stacey.Nardozzi@octopusgrp.com

Speedcast Contact:
Alix Wright
SVP, Global Marketing and Communications
Alix.Wright@Speedcast.com

Eight leaders advocating religious freedom and human rights rang the Bell to pray for the world, infusing the Earth with positive energy

LOS ANGELES, Aug. 16, 2022 (GLOBE NEWSWIRE) — As the world is in turmoil and faces potential conflict or war, Tai Ji Men has recently organized ceremonies of ringing the “Bell of World Peace and Love,” inviting influential leaders to ring the Bell to awaken the conscience of global citizens and spread positive energy to help stabilize the Earth. Since late June, the Bell has been rung by eight visionary leaders who have been advocating human rights and religious freedom. Ringing the Bell during these trying times was very significant.

“May peace and love prevail for the world and for Tai Ji Men–peace with conscience and justice,” stated Prof. Massimo Introvigne, an Italian sociologist and the managing director of the Center for Studies on New Religions, when ringing the Bell of World Peace and Love in Los Angeles on August 8.

As one of the world’s leading scholars of new religious movements, Prof. Introvigne shared how powerful, humbling, and emotional the experience was for him and explained how the Bell represents a microcosm of the vast universe. “When you attune yourself, you vibrate with the bell, you let the energy of the bell carry you. You are really attuned with the universe,” he stated, adding, “Conscience is the center of the bell because it is the center of the universe.” He also shared the impact of the experience on him: “From today, from ringing the bell, I believe for me personally starts a new commitment to fight for peace, love, and justice.”

On July 27, Kenneth Jacobsen, practice professor of law at Temple University in Philadelphia, rang the Bell in Washington, D.C. He stated, “I believe that these kinds of ceremonies are so critically important. And for me personally, I will never forget this.” Prof. Jacobsen made a wish for “peace, love, tolerance, understanding and compassion in this world,” adding, “I am deeply grateful, but incredibly humbled to have had the privilege and honor of ringing this bell to see the dignitaries that have come before me and hold that hammer, that mallet, and hit this bell is a very moving experience for me, which equally moving though, is the symbol of what this bell means.” He also shared his feelings about Tai Ji Men: “I’ve never met an organization anywhere, corporate, philanthropic, anywhere where the people are so warm, and compassionate, and friendly and sincere and earnest.”

During the International Religious Freedom (IRF) Summit held in Washington, D.C. on June 28-30, six leaders who advocate religious freedom rang the Bell and made wishes for peace. IRF Summit Co-Chair Sam Brownback, former U.S. Ambassador-at-Large for International Religious Freedom, rang the Bell and prayed for “peace that surpasses understanding for everyone!” Amb. Brownback once stated that freedom of religion is a fundamental human right, without which humanity cannot flourish, emphasizing, “We believe governments’ role is to protect that innate right of a person to select their own course of future for their soul.” After ringing the Bell, he stated, “I’m delighted that you’re talking about peace and love in face of potential conflict and war. We ought to all pursue the peace and love, and that’s when we’re going to have a much better world is when we solve our conflicts through discussion and justice, and not through violence. So I’m just delighted that you continue to push this.”

The other IRF Summit Co-Chair, Dr. Katrina Lantos Swett, who is the president of the Lantos Foundation for Human Rights and Justice, also rang the Bell and stated, “I pray daily for peace but also for justice because without justice and freedom – especially freedom of religion and belief, there cannot be any peace.” She also noted that ringing the bell has been such a special experience that she will remember it her whole life, adding, “I must say I felt something very powerful and I’m very grateful for that. I really actually wish that through the miracle of technology, billions of people could’ve been watching us. Because there’s a special spirit here, and I know that derives from your teachings and from your practices, but it also derives from the encompassing love that you have for all of us–the encompassing prayer and wish you have for all of us. And I think your influence will continue to be a force for good in the world.”

Nadine Maenza, president of the International Religious Freedom Secretariat and former chair of the United States Commission on International Religious Freedom (USCIRF), rang the Bell and wished for “religious freedom for all.” She stated, “It’s wonderful to stand with you as you stand for religious freedom because it’s really religious freedom for everybody or for nobody.” She highlighted the importance of solidarity and mutual assistance in the promotion of religious liberty: “What we do is we all stand together and stand with each other.”

David Curry, president and CEO of Open Doors USA, rang the Bell and prayed that “people everywhere would know the peace and care of God and His people.” Everyone is entitled to enjoy the freedom to worship as they choose and the freedom to express their conscience, he said.

Bishop Gregory Mansour of Saint Maron of Brooklyn rang the bell and stated, “The beauty of the Tao, the Way will make us better people, closer to the eternal Tao.” Bishop Mansour talked about conscience, which Tai Ji Men has been promoting around the world: “So your emphasis on conscience, we Catholics believe that it is in our conscience that guides us, and that’s the little flame of God’s presence in our life. So the conscience is like the Tao.” “The conscience and the way is a beautiful combination of bringing our two faiths together,” he asserted.

Bishop Dr. Sunday Onuoha, founder and president of Vision of Africa, rang the Bell and prayed for “peace in our world.” He also prayed for those who are in pain, those who are suffering, children without fathers and mothers, those who have been through pain, deprivation, or war, those mothers who want to go to the hospital but there are no hospitals, and those who want to drink water but can’t because there isn’t clean water. Conscience tells us to do the right thing, he emphasized.

Dr. Hong, Tao-Tze, the leader of Tai Ji Men, presented to each of the eight bell ringers a Compass Clock of Conscience and The History of International Day of Conscience. The clock serves as a symbol of time, direction, and purpose. It guides people toward the right path of life and reminds them to seize every moment to apply conscience and do good deeds. The History of International Day of Conscience documents the crucial cooperation between Dr. Hong and the Permanent Missions of various countries to the UN that made it possible for the UN to designate April 5 as the International Day of Conscience.

Since the year 2000, Tai Ji Men has held bell ringing ceremonies around the world, promoting love, peace, and conscience. The COVID-19 pandemic, however, forced it to halt its global travels. This June, its world tours resumed after a hiatus of more than two years. Over a period of two months and eight days, 26 leaders from various walks of life have rung the bell. To date, 425 leaders from 128 countries have rung the bell, including 49 heads of state and government, seven Nobel Peace Prize laureates, UN ambassadors, and other visionary leaders, injecting hope and positivity into the planet to foster global sustainability.

Tai Ji Men has traveled to 101 countries to promote conscience and other positive values. In addition to organizing bell ringing ceremonies and other activities to connect the conscience of leaders in all fields, it has been inviting global citizens to sign multiple declarations on peace and conscience. To date, the Declarations for Human Rights of World Citizens and Peace have been endorsed by over 3.7 million people in 198 nations, and a CD with two million signatures was submitted to the UN in 2004; the Declaration for the Movement of An Era of Conscience and the Declaration of International Day of Conscience have been endorsed by people in 200 nations.

Tai Ji Men urges everyone to endorse these declarations and put into practice the spirit of love, peace, conscience, and human rights expressed in the declarations, as Dr. Hong emphasized, “With conscience comes a peaceful world; with happiness come joyful families!”

Tai Ji Men Qigong Academy: Tai Ji Men is an ancient menpai (similar to school) of qigong, martial arts, and self-cultivation. It has carried forward the wisdom of Taoist philosophy, one of the highest philosophies of humankind. It is an international nonprofit cultural organization. Its contemporary zhang-men-ren (grandmaster), Dr. Hong, Tao-Tze established the Tai Ji Men Qigong Academy in 1966, and since then it has grown to 15 academies worldwide.

Dr. Hong teaches his dizi (similar to disciples) methods to achieve physical, mental, and spiritual balance, and tens of thousands of families have benefited from his teaching. At Tai Ji Men, martial arts and wisdom have been passed down from the shifu (master) to his dizi. Through this time-honored tradition, the shifu and dizi promote the Tai Ji Men culture and martial arts around the world while embodying what is true, good, and beautiful as well as spreading the ideas of conscience, love, and peace. Over the past half-century, the shifu and dizi have self-funded trips to over 300 cities in 101 nations to conduct more than 3,000 cultural performances and exchanges and have been recognized as “International Ambassadors of Peace and Goodwill.”

Media Contact:

Lily Chen
Representative
info@taijimenla.org
626-202-5268
http://www.taijimen.org/TJM2016G_ENG/index.php

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9268f1d1-0285-4a68-8412-780ce700772e

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Carl Weggel’s Fusion Energy Generator Design at Kronos Fusion Energy, Will Revolutionize Energy Generation For The Coming Century

ARLINGTON, Va., Aug. 16, 2022 (GLOBE NEWSWIRE) — Carl Weggel–a 50-year persistent advocate of the compact, ultra-high-field tokamak–is on a mission to commercialize fusion energy through Kronos’s compact, affordable, universally available, aneutronic solution. He has joined Kronos Fusion Energy, founded by Priyanca Ford to guide their design: the daring commercial fusion-energy generator, S.M.A.R.T (Superconducting, Minimum-Aspect-Ratio Torus).

In 1973-1975, Carl was entrusted by MIT’s Dr. D. Montgomery with the design of the audacious, 14-tesla, Toroidal Field (TF) magnet of MIT’s record-setting tokamak, Alcator “C,” which still holds the world’s record for its high magnetic field. In 1980, Bruce Montgomery recommended him to INESCO, a daring fusion startup in San Diego, CA, where from 1980-1984, he led their Magnet Division, designing their 30-tesla Ohmic Heating (OH) and 16-tesla Toroidal Field magnets of their Riggatrons. Had the anticipated funds become available, the Riggatrons might well have been the world’s first Q~40, power-generating tokamaks.

Carl Weggel, “From 2018 to 2020, my twin brother Bob and I, worked for Commonwealth Fusion Systems (CFS), a “spin-out” of MIT.  Together with a superb, expert, 6-member team of similarly-inspired, audacious engineers, we designed the magnets of CFS’s SPARC tokamak. Bob and I advocated for innovations that enabled ever-more ambitious performance. With incredible rapidity, the team successfully increased SPARC’s performance by a factor of five, from Q>2 to Q=11. SPARC’s performance now surpasses even that of ITER (International Tokamak Energy Reactor), at a mere 2% of the cost!”

“ARC, SPARC’s power-generating successor’s one major drawback is that its proposed fuel is the standard neutronic Deuterium plus Tritium, thereby generating a torrent of hazardous, 14.1-MeV neutrons during operation. These neutrons require meter-thick shielding/’thermalization.’ Furthermore, extraction of usable power is both cumbersome and inefficient. Due to the limits of conventional steam or gas turbines, the Carnot efficiency of the thermalized neutrons is rarely more than 30%. Kronos recognizes this drawback and will exploit the superior, aneutronic ultimate fuel source, Deuterium Plus Helium-3, when its version 2 goes to market before 2035. Kronos’ patented approach for an aneutronic Q40 fusion energy generator is currently in the process of being simulated at Virginia Tech with support of Konstantin Batygin from CalTech, and Paul Weiss from UCLA/Harvard. With this fuel source, protons–not neutrons–dominate. Having an electrical charge, these protons can be manipulated by magnetic and electrical fields. Thus, protons can directly generate electric power, with near 100% Carnot efficiency, using a standard magnetohydrodynamic (MHD) generator. Lastly, this same D-He3 fuel is exploited by Fusion Direct Drive (prototype launching ~2028), another major endeavor of Kronos Fusion Energy,” said Carl Weggel.

As we inch closer and closer to fusion energy becoming a reality, Carl Weggel’s fusion energy generator design at Venture Backed Kronos Fusion Energy, will revolutionize energy generation for the coming century.

Press Contact:
Andrea Romero – Sakura Marketing
andrea@sakuramarketingfirm.com

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