Park Place Technologies Acquires Unitech’s Third Party Maintenance Services

Deal forms one of Brazil’s largest TPM providers.

CLEVELAND, OH, April 30, 2024 (GLOBE NEWSWIRE) — Park Place Technologies, a leading global provider of data center and networking optimization solutions, has acquired Unitech’s third-party maintenance (TPM) business. The acquisition strengthens Park Place’s position as one of Brazil’s largest TPM providers, expanding its reach in the world’s fifth-largest country.

Combined Expertise for Enhanced Customer Service

Unitech, founded in 1989, has a long-standing reputation for serving a diverse client base, including major financial institutions, telecommunication and utility companies. Park Place’s global expertise will greatly amplify Unitech’s established presence in the Brazil market.

“Unitech and Park Place serve clients with the same core values. We both operate with a responsive, client-first approach, and communicate with clarity and transparency. We share customer service strategies, and have a native understanding of the Brazil TPM market,” said Unitech owner Ramon Hasky.

Hasky said Unitech’s long-term partnership with Park Place, “gives us confidence in how our clients will now be served. Park Place is a global company with a strong Latin American presence that offers more scale and an innovative IT lifecycle portfolio. Our customers will benefit from these added Managed Services and Professional Services offerings.”

Park Place, now one of Brazil’s furthest-reaching TPMs, will add nearly 20,000 Unitech assets to its already robust service legacy in Brazil.

“We are taking the hard-earned credibility of Unitech’s 30-plus years and leveraging our passion for client services with Park Place’s global resources,” said Unitech’s CEO, Claudio Miranda. “Unitech’s legacy now has an exciting new chapter; our people and our clients are in good hands with Park Place.”

Unitech will continue to independently operate its Hardware, Software and related Professional Services sales.

“Park Place operates in Brazil primarily in markets with a history of great relevance and positive expectations, particularly in the management, maintenance, and support of mission-critical hardware,” Luiz Fernando Monteiro, IDC Senior Market Analyst, IT Services, Brazil, said. “It is an operation focused on service lines that account for about 19% of the total service market in the country. These are essential services, especially in a world of IT distributed across internal infrastructures, own and third-party Data Centers, public and private clouds, with a demand for very high availability and resilience for the continuity of operations of companies across the entire Brazilian market.”

Roy Illsley, Chief Analyst for Omdia, said Omdia’s research shows that Brazil is a rapidly growing market for the data center business. “In fact, São Paulo accounts for 85% of new Data Center building in the country,” he said. “However, the current Data Center market in Brazil is mostly small sized Data Centers that are distributed between the major cities. Brazil, represents an ideal market for a vendor like Park Place as the growth in data centers will need skills to ensure they can operate efficiently and effectively, and technology vendors with services and solutions are a perfect fit.”

Chris Adams, Park Place Technologies President and CEO, said the company’s history of investing in people and resources globally will continue.

“We are committed to delivering a great experience to all our customers worldwide,” he said. “We will continue to acquire companies like Unitech that bring a talented workforce and unique capabilities driven by an unparalleled customer experience to our international partners.”

A video statement from Unitech is available here.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. We help more than 21,000 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster. From procurement to decommissioning, our comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future.

Park Place’s industry-leading and award-winning services portfolio includes Park Place Hardware Maintenance™, Park Place Professional Services™, ParkView Managed Services™, Entuity Software ™ and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

Attachment

Michael Miller
Park Place Technologies
8777788707
[email protected]

GlobeNewswire Distribution ID 9108141

One Za’abeel launches The Offices, Dual Licensed Office Space in One Za’abeel Tower

DUBAI, United Arab Emirates, April 30, 2024 (GLOBE NEWSWIRE) — One Za’abeel, the iconic mixed-use development developed by ICD (Investment Corporation of Dubai), is pleased to announce the launch of The Offices, its ultra-luxurious dual licensed corporate office spaces in One Za’abeel Tower. The Grade-A offices are set to become Dubai’s ultimate business address, attracting global and local organisations alike with its unique dual licensing for both Dubai World Trade Centre Free Zone (DWTC FZ) registered companies and those registered under the mainland.

One Za’abeel is comprised of two skyscrapers, One Za’abeel Tower and One Za’abeel The Residences, which are dissected by The Link, a 230m cantilevered building suspended 100 meters above the ground. The unique shape of the mixed-use development, coupled with its strategic location, garnered it the nickname “The Gateway to Dubai’s Central Business District.”

The Offices occupy 17 levels in One Za’abeel Tower and cover a total area of 280,000 sq ft.
Built with sustainability in mind, the development demonstrates exemplary environmental efficiency and sustainability standards and achieved LEED Gold certification in December 2023.

Characterised as smart offices, The Offices has incorporated smart technologies to provide automation and energy optimisation of all electrical, lighting, air conditioning, and ventilation systems. This allows for energy usage to be regulated, while simultaneously maintaining comfortable indoor temperatures and offering features such as floor to ceiling windows which provide an abundance of natural light and unobstructed views of the city. One Za’abeel is currently in the process of obtaining WiredScore and SmartScore certifications.

The Offices prime location within the mixed-use development allows ease of access to all of One Za’abeel’s offerings. Tenants can invite their guests to a meal at any of the many Michelin inspired restaurants in The Link, hold meetings or events at the conferencing facilities within the One&Only One Za’abeel resort, invite their guests to stay the resort or the unique fitness and recovery SIRO hotel, or simply meet at the shops and F&B on the retail podium.

Beyond the ecosystem of offerings at the development, additional distinguished services and advanced facilities at The Offices include 24/7 dedicated concierge and security services, 7 levels of basement and smart parking, valet services, and proximity to public transport.

Issam Galadari, Director of One Za’abeel Holdings commented: “We believe business success is accelerated with the right location, and hence we are pleased to launch The Offices at One Za’abeel Tower. Situated in the heart Dubai, this will undoubtedly become the ultimate business address for businesses and investors, offering luxurious, spacious, and connected offices with access to retail facilities, world-renowned hotels, and fine dining experiences only an elevator ride away. We look forward to welcoming innovative companies to The Offices and seeing them thrive as they utilise all that One Za’abeel has to offer.”

For further updates about One Za’abeel The Offices, kindly visit onezaabeel.com

One Za'abeel Launches The Offices: A look at the interiors and exteriors of One Za

 A Media Snippet accompanying this announcement is available by clicking on this link

pressenquiries@sabaconsultants.ae

GlobeNewswire Distribution ID 1000947679

EAACI Congress 2024: Innovation and Advances in Allergy Treatment

EAACI Congress 2024
EAACI Congress 2024

EAACI Congress 2024

  • Over 150 scientific sessions will be presented during the congress, focusing on advancements in environmental science, food allergies, innovations in immunotherapy, and pediatric allergies, among others.
  • Precision medicine, AI, immunotherapy, and immune modulators will converge at the largest allergy and immunology congress.
  • The congress will occur from 31 May to 3 June in Valencia, Spain.

VALENCIA, Spain, April 30, 2024 (GLOBE NEWSWIRE) — The European Academy of Allergy and Clinical Immunology (EAACI), an association comprising over 16,000 researchers and healthcare professionals from 125 countries, invites you to the annual congress at Feria Valencia, Spain, from 31 May to 3 June. Under the theme “Revolutionizing Patient Care through the Power of Data Science,” the EAACI Congress 2024 positions itself as the European event of the year, gathering the latest research and advancements in allergies and their treatment.

We firmly believe in the importance of your contribution to knowledge and its impact on improving patient care in allergy and asthma. As a healthcare professional or medical student at the congress, you will enrich your clinical practice and knowledge and contribute to advancing science and healthcare.

During the congress, you can participate in keynote lectures, plenary sessions, oral presentations, and poster sessions, all featuring cutting-edge research, clinical updates, and emerging therapies in allergy and asthma. Additionally, you will have the chance to connect with some of the most influential leaders in the field and engage in in-depth discussions on the latest advancements. The scientific program of the EAACI Congress 2024 will cover the entire spectrum of clinical allergy and immunology and will feature over 150 scientific sessions, including topics such as environmental science, food allergies, innovations in immunotherapy, and pediatric allergies, among others.

Please review the program and encourage your medical team, students, and professors to register for the EAACI Congress 2024. It will be an invaluable opportunity to continue learning, exchange ideas, and collaborate with other professionals in the field. We look forward to welcoming you to Valencia!

PROGRAM
https://eaaci.org/agenda/eaaci-congress-2024/

REGISTER
https://eaaci.org/events_congress/eaaci-congress-2024/registration/registration/

SOCIAL MEDIA
Podcast: https://linktr.ee/eaaci
LinkedIn: https://www.linkedin.com/company/eaaci/
Instagram: @eaaciHQ
Twitter: @EAACI_HQ
Facebook: https://www.facebook.com/EAACI

CONTACT
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dbb1a2e3-3aaf-442d-84ff-18369811d587

GlobeNewswire Distribution ID 1000947860″

EB5 Capital Litigates USCIS’ Recent EB-5 Filing Fee Increases

WASHINGTON, April 29, 2024 (GLOBE NEWSWIRE) — On April 22, 2024, EB5 Capital, along with Invest in the USA (IIUSA), the national EB-5 trade association serving the majority of active Regional Centers, and ten other Regional Centers, filed a lawsuit against the United States Citizenship and Immigration Services (USCIS). The lawsuit, Civitas Capital Group et al. vs. USCIS et al., was filed in the District Court for the Northern District of Texas and challenges the “Final Rule” issued by the Department of Homeland Security (DHS) that concerns government filing fees for EB-5 related petitions.

The Final Rule issued by DHS on January 31, 2024, which went into effect on April 1, 2024, revised USCIS’ filing fees for all petitions and applications adjudicated by the agency. Civitas Capital Group et al. vs. USCIS et al. argues that the fee increases for EB-5 related petitions in this Final Rule are far greater both in dollar amounts and in percentage increase compared to any of the other increases in filing fees announced in this rule. “It is essential that USCIS abide by the rule of law in promulgating regulations. Its ongoing failure to do so diminishes the impact and integrity of the EB-5 Program,” commented Lulu Gordon, General Counsel for EB5 Capital. The lawsuit argues that the new fee structure violates several federal laws, including the EB-5 Reform and Integrity Act of 2022 (RIA), the Regulatory Flexibility Act (RFA), the Immigration and Nationality Act (INA), and the Administrative Procedure Act (APA), as well as internal guidelines established by the Office of Management and Budget (OMB).

“These increased fees are unreasonable and will burden our current and future investors,” said Ishaan Khanna, EB5 Capital’s Director of Business Development. Ishaan Khanna’s non-profit organization, The American Immigrant Investor Alliance (AIIA), which advocates for EB-5 investors’ rights, previously filed a similar lawsuit against USCIS in March.

For more information, a copy Civitas Capital Group et al. vs. USCIS et al. is available here.

About EB5 Capital

EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1 billion of foreign capital across approximately 40 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.  

Contact:
Katherine Willis
Director, Marketing & Communications
[email protected]

GlobeNewswire Distribution ID 9107671

Arqit announces collaboration to deliver out-of-the-box post-quantum cryptography solutions

LONDON, April 29, 2024 (GLOBE NEWSWIRE) — Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the creation of the World’s First Quantum-Safe, 1.89 Tb IPsec products collaborating with Intel.

Arqit and Intel have joined forces for out-of-the-box post-quantum cryptography solutions using Arqit’s Symmetric Key Agreement Platform (SKA-Platform™) running on Intel Xeon Scalable processors. Combining Intel technologies with Arqit’s SKA-Platform™ achieves high-performance IPsec encryption, protecting against quantum attacks without compromising speed.

To find our more, join the Intel and Arqit webinar on 30th April 2024 REGISTER

David Williams, Arqit Founder, Chairman and CEO said:
“Our collaboration with Intel delivers the groundbreaking introduction of the world’s inaugural quantum-safe, 1.89 Tb IPsec solution. Cyber threats continue to become more sophisticated, including the imminent advent of quantum computing, enterprises seek robust defences. Our joint effort with Intel provides off-the-shelf products that not only harden networks but also make them quantum-safe whilst adhering to core standards like RFC 8784.”

Notes to Editors

Arqit representatives will be attending RSA (6-9 May 2024) and will be available for interview. www.rsaconference.com/usa.

Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

About Arqit

Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit) supplies a unique encryption software service which makes the communications links of any networked device, cloud machine or data at rest secure against both current and future forms of attack on encryption – even from a quantum computer. Compatible with NSA CSfC Components and meeting the demands of NSA CSfC Symmetric Key Management Requirements Annexe 1.2. and RFC 8784, Arqit’s Symmetric Key Agreement Platform uses a lightweight software agent that allows end point devices to create encryption keys locally in partnership with any number of other devices. The keys are computationally secure and facilitate Zero Trust Network Access. It can create limitless volumes of keys with any group size and refresh rate and can regulate the secure entrance and exit of a device in a group. The agent is lightweight and will thus run on the smallest of end point devices. The product sits within a growing portfolio of granted patents. It also works in a standards compliant manner which does not oblige customers to make a disruptive rip and replace of their technology. Arqit is winner of two GSMA Global Mobile Awards, The Best Mobile Security Solution and The CTO Choice Award for Outstanding Mobile Technology, at Mobile World Congress 2024, recognised for groundbreaking innovation at the 2023 Institution of Engineering and Technology Awards and winner of the National Cyber Awards’ Innovation in Cyber Award and the Cyber Security Awards’ Cyber Security Software Company of the Year Award. Arqit is ISO 27001 Standard certified. www.arqit.uk

Media relations enquiries:
Arqit: [email protected]

Investor relations enquiries:
Arqit: [email protected]
Gateway: [email protected]

Caution About Forward-Looking Statements

This communication includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These forward-looking statements are based on Arqit’s expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Arqit’s control. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Arqit to predict these events or how they may affect it. Except as required by law, Arqit does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date this communication is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this communication may not occur. Uncertainties and risk factors that could affect Arqit’s future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: (i) the outcome of any legal proceedings that may be instituted against the Arqit, (ii) the ability to maintain the listing of Arqit’s securities on a national securities exchange, (iii) changes in the competitive and regulated industries in which Arqit operates, variations in operating performance across competitors and changes in laws and regulations affecting Arqit’s business, (iv) the ability to implement business plans, forecasts, and other expectations, and identify and realise additional opportunities, (v) the potential inability of Arqit to successfully deliver its operational technology, (vi) the risk of interruption or failure of Arqit’s information technology and communications system, (vii) the enforceability of Arqit’s intellectual property, and (viii) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Arqit’s annual report on Form 20-F (the “Form 20-F”), filed with the U.S. Securities and Exchange Commission (the “SEC”) on 21 November 2023 and in subsequent filings with the SEC. While the list of factors discussed above and in the Form 20-F and other SEC filings are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realisation of forward-looking statements.

GlobeNewswire Distribution ID 9107084