NewNet and Bleu Announce Plans to Collaborate on Innovative, Next Generation Payment Applications

June 7, 2019

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CHICAGO (PRWEB) JUNE 07, 2019 — NewNet Secure Transactions and Bleu are working to develop innovative payment systems which offer localized offerings as well as enhanced and lower cost payment routing.

Sesie Bonsi, CEO of Bleu says of the Partnership, “We are pleased to work with NewNet Secure Transactions. NewNet has 20-plus years of experience, serving some of the most established names in electronic payments. Their experience and customer base combined with Bleu’s innovative, next-generation Point-of-sale and payment solutions will bring a new paradigm to the world of payments.”

Krishna Viswanadham, President of Secure Transactions says, “We are excited by this partnership to offer NewNet’s industry leading cloud based STC application for secure routing of transactions from Bleu’s payment accepting solutions with several leading Processors. We see lot of opportunities for integrated payments and value-added loyalty services in multiple financial and non-financial vertical industries.”

NewNet serves some of the largest payment companies in the world and sees an opportunity to work with Bleu on new payment experiences for large enterprise clients, fans, and customers.

The combination of our two companies’ technologies is a disruptive force in payments. NewNet Secure Transactions has a patent pending payment encryption and routing system.

Bleu has developed a patented Bluetooth payment and engagement platform that allows customers and fans to pay anywhere, anytime.

The firms plan on deploying these payment capabilities in early 2020.

About NewNet Communication Technologies
NewNet Communication Technologies is a leading provider of innovative communication and payment solutions. NewNet’s global customer base includes next generation mobile and fixed line networks, secure transaction transport, enabling global telecom operators, acquirers, processors, financial institutions and enterprises to rapidly develop and deploy cutting edge revenue generating applications that deliver feature-rich, value added services. NewNet Secure Transactions (NST) BU offers secure Payment transaction routing, switching, transport solutions. NewNet’s payment systems powers over 25% of all global payment card and digital transactions, worldwide. NST’s latest solution of Secure Transaction Cloud (STC) offers virtualized secure payment applications for transaction transport in cloud with specific Virtual Network Functions for Security, Transaction protocols, P2PE, Tokenization, Host Interfaces, Load Balancing etc. for a wide range of payment types including Internet payments, mobile payments, POS/mPOS based transactions and variety of eCommerce, mCommerce payments with PCI compliant HSMs. More information is available at http://www.securetransactionscloud.com

About Bleu Tech Enterprises
Bleu’s business process management software allows an organization to use a system of integrated applications to manage the business and automate many back-office functions related to technology, financial services and human resources.

Merchant’s have access to the full suite of applications from account & payments, HR, compliance, IT, retail operations, Inventory and CRM.

The Bleu Point of Transaction (PoT) network allows customers to pay wherever, whenever. A universal payment gateway, leveraging Bluetooth and enabling all forms of payment including mobile to mobile and chip cards, and a mobile platform for customer loyalty and engagement.

With each transaction through our patented method, the merchant is able to use in-store analytics and specific payment data to deliver a personalized shopping experience back to the customer.

For more information go to http://www.bleuco.com

About Apptio

Apptio (NASDAQ: APTI) is the business management system of record for hybrid IT. We transform the way IT runs its business and makes decisions. With our cloud-based applications, IT leaders manage, plan and optimize their technology investments across on-premises and cloud. With Apptio, IT leaders become strategic partners to the business by demonstrating value of IT investments, accelerate innovation and shift their technology investments from running the business to digital innovation. Hundreds of customers choose Apptio as their business system of record for hybrid IT. For more information, please visit www.Apptio.com

About Digital Fuel

Digital Fuel, a business unit of Apptio (NASDAQ: APTI), provides Technology Business Management (TBM) software designed to help IT leaders deliver more business value from every dollar spent on IT. To learn more, please visit www.DigitalFuel.com

About Skyview Capital, LLC

Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. To date, Skyview has successfully completed over 25 transactions within its target market verticals. Visit www.skyviewcapital.com

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding the potential benefits of our acquisition of Digital Fuel SV, LLC, the potential benefits of the acquisition for our customers and Digital Fuel’ customers and the potential benefits of our relationship with VMware. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements, including, among others, our ability to successfully integrate Digital Fuel as an independent business unit, as well as those risks and uncertainties included under the caption “Risk Factors” and elsewhere in our filings with the U.S. Securities and Exchange Commission, including, without limitation, the Form 10-Q filed with the SEC on October 31, 2017. All information provided in this release is as of the date hereof, and we undertake no duty to update this information unless required by law.

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Fidelis Cybersecurity appoints Cameron Pforr as President

March 22, 2022

BETHESDA, Md., March 21, 2022 /PRNewswire/ -- Effective immediately, Fidelis Cybersecurity, a portfolio company of Skyview Capital, has appointed Cameron Pforr as President, replacing CEO Anup Gosh to lead Fidelis during a period of unprecedented and transformational growth. Cameron, having formerly served successfully as Fidelis CFO for the past two years, has extensive experience in scaling SaaS platform companies and cybersecurity organizations. He has led several tech luminaries such as Whiptail and its successful exit to Cisco and Permabit which was ultimately acquired by Red Hat. In addition to promoting Cameron, Fidelis also recently hired Eric Moseman as Chief Revenue Officer in January 2022. Eric has held senior executive sales and revenue growth roles at several SaaS companies such as Workday, Central Eyes, Attain and First Advantage. Cameron and Eric look forward to continuing their work at the company to exponentially scale Fidelis within the robust XDR space. Fidelis Cybersecurity is the industry innovator in Active eXtended Detection and Response (XDR) solutions trusted by Fortune 100 firms and government organizations worldwide. Most recently, Fidelis announced 34 new accounts and over $30 million in sales in its 2nd half fiscal year-end, fueled by Fidelis Elevate®, its Active XDR platform. The Fidelis footprint continues to show impressive growth across US Commercial, US Military Services, Federal Agencies, and Eastern Europe. In his newly appointed role, Cameron will report to the Fidelis board of directors. "I want to congratulate Cameron in his new role and am excited for the next phase of growth for Fidelis. Fidelis has been at the forefront of technology innovation and will continue to defend enterprises and our client networks vigorously. We are building a company to address the ever-evolving needs and challenging environment of our customers globally," said Alex Soltani, Chairman and CEO of Skyview Capital. "Cameron's impressive track record, depth of operational experience and excitement about accelerating meaningful growth of the business makes him an ideal leader for Fidelis. Finally, I would like to personally thank Anup for his contributions during his tenure as CEO of Fidelis." Cameron Pforr stated "I would like to thank Alex, the Fidelis board, our employees and most importantly our clients for having the faith in me to lead Fidelis through its next phase of growth. We are looking forward to Q1 being the strongest quarter in the company's history and continuing that momentum throughout the remainder of 2022 and beyond." About Fidelis Cybersecurity, Inc. Fidelis Cybersecurity, Inc. is widely recognized as the industry innovator in Active XDR and proactive cyber defense solutions, safeguards modern IT environments with unparalleled detection, deception, response, cloud security, and compliance capabilities. We offer full visibility across hybrid environments via deep, dynamic asset discovery, multi-faceted context, and risk assessment. These features help minimize attackable surface areas, automate exposure prevention, threat detection, and incident response, and provide the context, accuracy, speed, and portability security professionals need to find and neutralize adversaries earlier in the attack lifecycle. Fidelis is dedicated to helping clients become stronger and more secure. Fidelis is trusted by many top commercial, enterprise, and government agencies worldwide. For more information, please visit www.fidelissecurity.com . Fidelis Cybersecurity is a portfolio company of Skyview Capital . About Skyview Capital, LLC Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. For more information, please visit www.skyviewcapital.com . Media Contact: Skyview Capital LLC Jeff White Managing Director, Business Development jwhite@skyviewcapital.com 310-273-6000 SOURCE Fidelis Cybersecurity, Inc.

MeliBio’s honey production, minus the bee, will have you buzzing

March 17, 2022

MeliBio is turning the 9,000-year-old method of honey production on its head, taking out the bee and injecting precision fermentation and plant science. Darko Mandich, a former bee-honey industry executive, and Aaron Schaller, a scientist and amateur chef, started the San Francisco-based company in 2020 with the goal of bringing sustainability to the $10 billion global honey market, which Mandich described as “one of the most unsustainable agricultural sectors with broken supply chain and quality issues.” Mandich explained that his epiphany came while reading a Wired article that reported on how keeping honey bees in bee hives was actually killing the 20,000 wild and native bee species due to the loss of a diversity in the bee population. “We want to change the food industry in a way that we make food sustainable, nutritious and deliver it at no cost to our dearest animals, in our case, the bees,” he told TechCrunch. There are some companies already working in the bee space, like Beewise, which is doing automated beehives using precision robotics, and BeeHero , which is tracking the health of bees. BeeHero’s precision pollination platform wings its way to $19M in new funding Israeli company Bee-io is also working on a bee-free honey using patent-pending bio processes. However, Mandich touts MeliBio as being the first company to make real honey without bees. The product has been tested in four restaurants in New York with a successful outcome. MeliBio came up with two ways to make the honey without bees: the first is using plant science to understand how bees access the plants, and what they get from them in order to make the honey. Second, how to improve upon the molecular composition to scale and make the product. That is where precision fermentation comes in — by identifying the organisms that are good in this application so that it can be used widely, meaning in different ways from drizzling on food to baking with it. The company has now raised $5.7 million in seed funding to help it expand into foodservice and business-to-business applications. In fact, MeliBio is already collaborating with 30 companies that have signed letters of intent to do validation studies, Mandich said. Astanor Ventures led the round and was joined by Skyview Capital, XRC Labs, Collaborative Fund, Midnight Venture Partners, Alumni Ventures and Big Idea Ventures. MeliBio team, from left, Mattie Ellis, Aaron Schaller, Darko Mandich and Benjamin Mason. Image Credits: MeliBio “We are excited about MeliBio’s approach in building a next generation food technology that connects plant science and precision fermentation,” said Christina Ulardic, partner at Astanor Ventures, via email. “Darko and Aaron are passionate about taking pressure off the commercial honey bee supply chain and consequently improving pollinator diversity. We are quite impressed by their first product.” The new funding will be deployed into further R&D and scale-up of its microbial fermentation process and into the product’s official launch in April. Mandich also wants to increase the number of full-time employees from four to 10 by the end of the year, which is in addition to 14 contractors. Though the company is pre-revenue, he believes that will change once the product comes out and MeliBio can focus on fulfilling the letters of intent from multibillion-dollar food companies and restaurants eager to work with them. Next, Mandich plans to look into the $500 billion ingredients market and how to leverage the company’s precision fermentation technology to share the future of that market. “By using science as an alternative way, we reduce the pressure on wild and native bees,” he added. “There is a rising demand for honey, but by making it our way, we help bee biodiversity. American companies import honey from all regions of the world, and that process is getting more complicated and the quality is not always guaranteed, meaning it might not be real honey. By making it here, we simplify the supply chain, and with a domestic supplier, there are no late deliveries or quality issues. MeliBio will produce honey in three shifts, 365 days per year and make it a price parody with honey on the market.”

NewNet plans to acquire Nokia Siemens Networks WiMAX business

March 15, 2022

NewNet Communication Technologies, LLC, a Skyview Capital, LLC portfolio company, announced today that the company plans to acquire the former Motorola Solutions’ WiMAX business from Nokia Siemens Networks. Under the terms of the agreement, NewNet would acquire the complete WiMAX product portfolio, the related employees and assets, as well as active customer and supplier contracts. Approximately 300 Nokia Siemens Networks employees would transfer to NewNet. The companies expect to close before December 31, 2011. “The addition of the WiMAX business would enhance the breadth of NewNet’s product portfolio, R&D capabilities, customer relationships and our overall market position in providing wireless infrastructure solutions to carriers on a global basis. We are thrilled at the prospect of welcoming a world-class group of WiMAX pioneers and thought leaders to the NewNet team,” said Ron Pyles, president and CEO of NewNet. “NewNet recognizes there is enormous potential in providing outstanding products, support and services to operators who have already invested heavily in WiMAX technologies as well as those who will do so in the future. We are committed to serving the market with an industry leading roadmap and innovative product migration options.” “We believe that our current WiMAX customers would receive the highest quality products, services and sales support from NewNet,” said Marc Rouanne, head of Network Systems, Nokia Siemens Networks. “This transaction would also provide an excellent opportunity for our WiMAX employees. We have great confidence in NewNet’s plans to become a major WiMAX infrastructure provider. The company has a solid track record in acquiring telecommunication businesses and driving revenue growth.” “This transaction represents a significant milestone in our strategy of building a strong global presence in the telecommunications marketplace through NewNet Communication Technologies”, said Alex Soltani, chairman and CEO of Skyview Capital. “We are very excited about the WiMAX market opportunity and are fully committed to supporting Ron and his team as they evolve the business into a global leadership position.” As a part of the transaction the companies expect to transition approximately 300 globally deployed Nokia Siemens Networks employees to NewNet. Many of these employees are based in suburban Chicago, USA and Hangzhou, China. Nokia Siemens Networks and NewNet believe this acquisition would provide transferring employees with attractive professional growth opportunities in a solid, technologically advanced company that has an on-going focus within their core areas of expertise. Specific terms of the transaction were not disclosed.

News from the Association of Insolvency & Restructuring Advisors

January 1, 2022

Many corporations are seeking to enhance shareholder value by divesting struggling or non-core divisions. This process is called a “carve-out” (see the last edition of AIRA Journal (Vol. 25 No. 5.) for a previous article on this topic).

Working towards a more healthy and safe employee environment

December 1, 2021

Continuum Global Solutions is a provider of omnichannel contact center services. With more than 17,000 global employees Continuum has placed a high priority on their employee’s health and well-being. Continuum Air Care is a solution in which they monitor the indoor climate at their locations and ensure a safe workplace. They continuously measure CO2 levels in their office spaces with sensors displaying measurements on a mobile dashboard and wallboard in the relevant room.

Skyview Capital’s NewNet Secure Transactions announces Crypto Currency and Bitcoin Payment Transaction capabilities in Cloud

November 2, 2021

CHICAGO, Nov. 2, 2021 /PRNewswire/ — NewNet Secure Transactions (NST) is developing innovative payment systems which offer secure crypto currency routing, transfer, translation and conversion capabilities for crypto payment transaction providers.

Naeem Arastu Joins Executive Leadership Team At Skyview Capital, LLC

October 28, 2021

LOS ANGELES, Oct. 28, 2021 /PRNewswire/ -- Los Angeles based private investment firm Skyview Capital (www.skyviewcapital.com) announced today that Mr. Naeem Arastu has joined as a Managing Director of the M&A team. In his new role, Mr. Arastu will serve on the Investment Committee and work with Skyview's Founder & CEO, Alex Soltani to help lead the firm's global M&A initiatives and deepen the firm's partnerships with institutional investors.

After ‘Shark Tank’ Rebuff, Healthy Chocolate Milk Startup Slate Closes $5 Million Seed Round

By Douglas Yu • October 4, 2021

Boston-based startup Slate, cofounded by friends Manny Lubin and Josh Belinsky to create a healthier version of the classic chocolate milk, hit a rough patch shortly after it started. When the founding duo presented their early prototype on Shark Tank back in 2019, the judges were unimpressed:

Skyview Capital Acquires OSRAM’s Digital Lumens and Encelium Lighting Solutions Business

September 24, 2021

LOS ANGELES, CA, September 24, 2021 /24-7PressRelease/ — Skyview Capital, a global private investment firm, announced that it has acquired the Digital Lumens and Encelium businesses from Osram Licht AG. Terms were not disclosed.