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Coding start-up Rocket Academy attracts marquee tech investors to address global talent shortage of developers

Rocket Academy

Rocket Academy, a start-up providing online coding courses, today announced it has raised $1.1 million in pre-seed funding. The investment comes from a consortium of 50 marquee tech investors and venture capitalists including entrepreneurs Darius Cheung from 99.co, Marcus Tan from Carousell and Stanley Tang from DoorDash, former Singapore Ambassador to the UN Kishore Mahbubani, SEA tech leaders’ investment network XA Network, and VC firms Taurus Ventures and Hustle Fund. Rocket Academy will use this funding to grow the company into the leading coding school in Southeast Asia helping to address the current industry-wide shortage in software engineers. Rocket Academy has developed two courses to date: Coding Basics, an introductory course for beginners to learn the basics of coding; and Software Engineering Bootcamp (SEB), which prepares students for a career in software engineering. All course material is pre-recorded for students to review and complete at their own pace. Rocket Academy holds regular live classes over Zoom for students to clarify concepts with instructors, apply learning in pair exercises and network with classmates. Classes are online allowing greater flexibility and efficiency, and the course platform allows high levels of engagement between students and teachers. Kai Yuan Neo, Founder and CEO at Rocket Academy commented: “There is a mounting global talent shortage of developers around the world. As of December 2020 this amounted to 40 million developers worldwide. By 2030, that is expected to reach 85.2 million. Not only this but companies worldwide risk losing $8.4 trillion in revenue because of the lack of skilled talent. Rocket Academy exists to solve this equation and we are on a mission to scale further and faster.” In addition to teaching, Rocket Academy helps its SEB graduates find their dream software engineering jobs through resume development, portfolio development and interview preparation. Rocket Academy leverages its network of companies sourcing for software engineers, makes referrals and helps set up job interviews for SEB graduates. To date, Rocket Academy has a 100% success rate in placing SEB graduates in software engineering jobs within companies and organisations such as 99.co, Xfers, Glints, GovTech, and GoTrade. “Getting our students good jobs is our top priority. The better jobs our students get, the stronger our alumni network becomes, which enables us to find better jobs for future students,” said Kai Yuan Neo. “Over the past months the demand for our SEB graduates from businesses has doubled. So far we have successfully placed all SEB graduates. We are so confident that our SEB graduates will find coding jobs that we will refund their fees if they still cannot find a job 6 months after graduation.” Although Rocket Academy is a small start-up, it has lofty ambitions – to train and supply the best software engineers in the region. Rocket Academy will invest its pre-seed funding in two key areas. First, further developing its flagship products, Coding Basics and Software Engineering Bootcamp courses. This involves strengthening course curriculum and improving the learning platform to boost the student experience. Second, expanding to new markets, specifically Hong Kong and Australia in the short term, other Southeast Asian markets in the medium term, and then globally in the long term. To succeed, Rocket Academy will need the best software engineering and education talents to craft its student experience. The company prides itself on a work environment with highest-calibre peers, transparent company progress, decentralised decision making, and flexible work arrangements. Rocket Academy is actively hiring and targets to double its headcount by end 2021. “Over the past 3 months we have seen a 10-fold increase in demand for our Coding Basics course and a 4-fold increase in demand for our SEB course. We are regularly in touch with businesses to understand technical skills that software engineers need. This allows us to refine our curriculum to make it relevant and appropriate for students looking for rewarding software engineering careers,” added Kai Yuan Neo. “Rocket Academy is exactly what Singapore needs now. To get good middle-class jobs, young Singaporeans need to be globally competitive in the digital space. Rocket Academy provides these critical skills. This initiative couldn’t be more timely!” said Kishore Mahbubani, Former Singapore Ambassador to the UN and angel investor in Rocket Academy’s pre-seed round. About Rocket Academy Rocket Academy is an online coding bootcamp that trains software engineers and helps graduates find their ideal jobs. Rocket Academy has a Basics course for beginners and a Bootcamp course for aspiring software engineers. Rocket Academy’s comprehensive courses support students at every level as they progress to become professional programmers. For more information please visit: www.rocketacademy.co Contact Details Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com

August 31, 2021 08:00 AM Eastern Daylight Time

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COMCAST WASHINGTON BROADBAND EXPANSION LED BY MAJOR PROJECTS IN KING, PIERCE, SNOHOMISH AND SPOKANE COUNTIES

Comcast Washington

Comcast today announced it expanded broadband service to more than 11,000 additional homes and businesses statewide during the first half of 2021, including major projects in King, Pierce, Snohomish, and Spokane counties. The expansions are the latest example of the company’s work to connect local communities to broadband Internet resources. Comcast has invested nearly $1 billion in technology and infrastructure in Washington during the last three years, including upgrades to our broadband network. Some of the company’s network development projects and achievements in the first half of the year include: Marysville: To support business expansion and growth, Comcast finished completing services that give approximately 100 businesses in Marysville new broadband Internet services. Bonney Lake: In Bonney Lake, Comcast connected two large buildings that will support more than 400 residents in the city’s new senior living community. Auburn: Comcast finalized building services to more than 400 new locations in Auburn during the first quarter of 2021, including a new 200 plus-unit apartment complex. Spokane: In Spokane County, Comcast built service out to more than 400 residents and over 20 businesses, including approximately 150 apartments near the Spokane Airport and a more than 100-unit complex in downtown Spokane. In the first six months of the year, Comcast completed more than 600 total projects to grow connectivity and bring more high-speed Internet access and services to businesses and households statewide. This work resulted in approximately 650 businesses and more than 10,000 new homes getting access to high-speed broadband Internet and related services. Comcast also is investing more than $13.6 million to expand broadband service to nearly 3,000 additional homes in rural areas of Snohomish, Spokane, and Whatcom Counties. Over the next two years, the citizens and businesses in rural communities of Chattaroy, Sumas, Sisco Heights, Burns Road, and Frontier Air Park will have access to the full suite of broadband, video, voice, home management, and business products and services. “As the state looks to focus in on making certain all citizens have access to and can afford future proof and scalable technologies, we are pleased to see the strong work Comcast is doing to deliver on those goals throughout Washington state,” said Russ Elliott, Director, Washington State Broadband Office. “Access to reliable internet is the cornerstone of a thriving community, whether that be access to information, healthcare services or simply connecting with family and friends,” said Mayor Nancy Backus, City of Auburn. “The ongoing expansion of broadband availability in Auburn is key to the health and success of our residents and I applaud Comcast for their continued commitment to providing this service.” “High-performance networks and Internet are just as critical to a community’s success today as other traditional services,” said Juan Key, Senior Director of Business Development for Comcast in Washington state. “This type of innovation has a lasting effect and indirectly impacts jobs, wages, the local economy, and educational opportunities for underserved regions of our state. We are happy to bring these important resources to King, Pierce, Snohomish, and Spokane counties.” These residents now have access to the entire Xfinity product suite, including Xfinity Internet, Xfinity Mobile, Xfinity X1, Xfinity Home, and Internet Essentials, the largest and most comprehensive low-cost Internet adoption program for low-income Americans. Comcast has connected 560,000 low-income individuals in Washington to broadband Internet over the last decade. The business communities in these areas now have access to the full suite of Comcast Business Internet, voice, and video services, including WiFi, Voice, TV, and managed enterprise solutions for businesses of all sizes. For businesses in these communities, network expansion brings access to fast, reliable Internet and affordable digital products and solutions that help them embrace innovation that improves operations, eliminates waste and creates a better experience for their employees and customers. Comcast Business delivers up to 10 gigabits-per-second (Gbps) of network capacity to local businesses. The newly expanded network offers a comprehensive portfolio of multigigabit Ethernet Internet options that help meet the day-to-day demands of all organizations, including those requiring large amounts of bandwidth, looking to link multiple sites or branch locations, or planning to connect their offices to a third-party data center. In addition to high-speed Internet and network capacity, Comcast Business also offers video, voice services, cloud technology, security services, business continuity, and more to businesses statewide. The company’s services also support businesses across a variety of industries, including healthcare, biotechnology, manufacturing, retail, dining, and hospitality. For more information on how to bring services to a project in your community, please email the Comcast Washington Business Development team at WSTWAC-BusinessDevelopmentGroup@comcast.com. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Andy Colley +1 425-248-5438 andy_colley@comcast.com Company Website https://washington.comcast.com/

August 30, 2021 08:55 AM Pacific Daylight Time

BEE Elevates Its Freemium with the Addition of Landing Page Design Capabilities

BEE

BEE, a business unit of Growens and leading digital content design platform, announced today that users will now have access to designing landing pages with its freemium product BEE Free. Since its inception in 2014, people have been able to click on ‘Start Designing’ in beefree.io to immediately start creating emails from scratch or select ready-to-use professional templates. With over 30,000 unique users per month for BEE’s freemium design tool, it’s clear BEE is making progress to achieve its vision of democratizing content design for everyone. BEE”s free editor for email was intended to be easy-to-use as it does not require any HTML coding skills. Now, this same frictionless, no-code experience will be replicated for people that need to create landing pages. The move to unlock landing page design capabilities for BEE Free includes over 100 ready-to-use landing page templates as well as a start from scratch option. The use of these tools on beefree.io is completely free. Users who want to experience more advanced design features can sign up for a 15-day trial of BEE Pro, the company's full feature, no-code design suite for email and landing pages. This comes as another meaningful achievement for the team at BEE as they recently announced 10K paid subscribers for its BEE Pro design suite. The addition of landing page design on beefree.io means that now everyone can produce mobile-ready, high-converting, end-to-end campaigns — a sweet move to further support the company's vision to democratize content design. “Introducing landing pages to BEE Free changes the way users create their multi-content campaigns. Having combined communications composed of related emails and landing pages can be extremely effective and powerful for our customers’ strategy,” said Elena Loatelli, Product Marketing Specialist at BEE. “We are especially proud of this release because it aligns with our goal to democratize content design, and now all users can rely on the solid, fast and easy design tools with this new content in BEE Free.” About BEE BEE provides no-code design tools that empower everyone to quickly create content that resonates. BEE’s visual builders are used to design emails, landing pages, one-page sites, and more. They deliver fantastic design flexibility and a great user experience, combining granular control on design elements with handy features like editing content directly in mobile view. BEE is building on its vision to help democratize content design, with millions of monthly users in over 20 languages and from over 150 countries. BEE’s design tools are available online at beefree.io and embedded in 600+ SaaS applications. Contact Details Jules Costa communications@beefree.io Company Website https://beefree.io/

August 30, 2021 09:00 AM Eastern Daylight Time

Comcast’s Internet Essentials Program Teams Up with Texas Education Agency to Connect Texas Students and Families with Internet Access at Home

Comcast Houston

Comcast’s Internet Essentials program and Region 4 Education Service Center (Region 4 ESC) have partnered with the Texas Education Agency’s (TEA) Connect Texas Program to ensure students within TEA’s Texas footprint have access to reliable, commercially available home-based fixed broadband internet services free of charge. Comcast is one of the service providers stepping up to ensure Texas students can reliably engage in virtual learning with its Internet Essentials service. Internet Essentials is Comcast’s signature digital equity initiative and is available for $9.95 a month (plus applicable taxes and fees). “Quality internet connectivity at home is critical for academic success, and we are proud to partner with Region 4 ESC to help reduce learning gaps and provide increased opportunities for students to have in-home access to the internet,” said Ralph Martinez, Regional Senior Vice President, Comcast Houston. "Providing stable high-quality internet to the students of Texas at home is a critical component of any long-term solution for closing the digital divide for our state,” shared Gaby Rowe, Project Lead, Operation Connectivity. “The TEA Connect Texas program is designed to empower school districts and parents to do just that." With a goal of connecting 40 to 60,000 students, the TEA Connect Texas Program (TEACT) is designed to help close the digital divide for Texas school children in kindergarten through twelfth grade and provide access to at-home connectivity and digital devices. Additionally, TEACT will provide a strong implementation and customer support structure for school systems that want to participate in a broadband roll-out program but may not currently have the available personnel or resources to administer it. Families who participate in TEA’s Connect Texas program can take advantage of Comcast’s Internet Essentials service, the nation’s largest, most comprehensive, and most successful high-speed internet adoption program for low-income households. In 10 years, it has helped connect nearly 1 million low-income Texans to broadband Internet at home, most for the very first time. Region 4 ESC, located in Houston, Texas, is the lead agency for this important program. Through OMNIA Partners’ cooperative purchasing program and partnership with Region 4 ESC, districts across Texas have the opportunity to provide home-based broadband internet access to their students. Through these combined efforts, school systems across Texas will be able to provide the fixed internet solutions their students require for ongoing access to remote educational tools and accelerated learning, which will help school systems to better address the post-COVID learning challenges many Texas students are likely to face. For more information visit: TEA Connect Texas Program Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Misha McClure +1 832-547-6783 Misha_McClure@cable.comcast.com Company Website https://houston.comcast.com/

August 25, 2021 10:00 PM Central Daylight Time

BEE adds a new visual builder to its Plugin product line

BEE

BEE, a business unit of Growens, releases a new visual builder to its Plugin product line. The embeddable popup builder offers no-code, drag & drop design capabilities for marketers to easily create popups for their digital campaigns. Popup Builder is the third digital content type that BEE has introduced. The over 600 SaaS applications that have adopted BEE Plugin can now provide their users with a single design interface for emails, landing pages and popups. Popups are becoming increasingly necessary for businesses to compete and drive customer acquisition, retention and conversion rates. Businesses that implement popups as part of their digital marketing strategy benefit from growing email lists, staying in touch with customers, increasing social media following, and driving online sales. BEE Plugin’s new popup builder can be fully embedded into any SaaS application in under 30 days. The result is a new product offer or feature that users immediately adopt due to an intuitive interface. “We are very excited about the launch of this new builder because we now provide, with a single subscription, the tools that cover the main design needs for creating online campaigns. Our clients can now provide an excellent and consistent content design experience for creating emails, landing pages, and popups. Their users no longer have to learn 3 different tools and can reuse their content across the 3 builders. It also makes life easier for our customers who don’t need to worry about maintaining multiple tools and the associated costs.” Guillermo Padilla, Head of Product “More and more SaaS applications embed BEE Plugin because it helps them deliver a fantastic user experience to their customers, while going to market much faster than if they developed their own content design tools. We are really thrilled to see adoption across many industries, including 40% of the companies in Gartner’s 2021 Quadrant for Multichannel Marketing Platforms.” said Massimo Arrigoni, CEO at BEE. About BEE: BEE provides no-code design tools that empower everyone to quickly create content that resonates. BEE’s visual builders are used to design emails, landing pages, one-page sites, and more. They deliver fantastic design flexibility and a great user experience, combining granular control on design elements with handy features like editing content directly in mobile view. BEE is building on its vision to help democratize content design, with over 4.5 million monthly sessions of its tools in over 150 countries, across 600+ applications. Contact Details Angelina Kaliszak angelina@kitehillpr.com Company Website https://beefree.io/

August 25, 2021 09:00 AM Eastern Daylight Time

Foresight Begins Proof of Concept Project with a Leading Chinese Vehicle Manufacturer

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the initiation of a proof of concept (POC) project with a leading Chinese passenger car manufacturer. The POC project is meant to evaluate the stereoscopic capabilities of Foresight’s QuadSight® vision system, using both visible-light and thermal infrared channels, to detect and classify obstacles on any road in harsh weather and lighting conditions. Following successful completion of the project and a satisfactory outcome, the vehicle manufacturer may consider future cooperation for possible integration into its semi- and fully autonomous vehicles. The project is expected to be completed during the fourth quarter of 2021. In addition, the Chinese vehicle manufacturer will evaluate Foresight’s ability to create a stereo system using two existing mono cameras with overlapping fields-of-view, made possible using Foresight’s automatic calibration solution. This configuration is designed to enhance the Chinese vehicle manufacturer’s existing safety sensor performance in terms of all obstacle detection quality, distance accuracy and robustness. Successful evaluation may lead to future co-development projects. “I believe that this POC project serves as a vote of confidence from the Chinese automotive market, as another leading vehicle manufacturer chooses to evaluate Foresight’s advanced 3D perception technologies. Following our recently signed MOU with Chery, we continue our strategy to expand our presence and become a dominant player in the Asian automotive market. Our proprietary vision technologies offer an accurate and reliable vision solution that may be integrated into semi- and fully autonomous vehicles to enhance existing safety systems,” said Haim Siboni, CEO of Foresight. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the potential for the Chinese vehicle manufacturer to consider future cooperation for possible integration into its semi- and fully autonomous vehicles, the expected timing of the completion of the project, and that it continues its strategy to expand its presence and become a dominant player in the Asian automotive market. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 30, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration, sensor fusion and dense 3D point cloud that can be applied to diverse markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

August 25, 2021 08:20 AM Eastern Daylight Time

Digital Equity Initiatives in Independence/Blue Springs

Comcast Greater Kansas City

One critical lesson from the COVID-19 crisis is the importance of a reliable home Internet connection. With schools closed, and people working remote, the Internet became, and still is, the sole means for connecting. But not everyone has equal access to the Internet. This is a major challenge in cities across the Kansas City metro, including Independence and Blue Springs, and it is something Comcast is working hard to address. Currently, Comcast and its partners are celebrating the 10-year anniversary of their Internet Essentials program, which is one of the longest running in-home Internet connectivity programs for low-income families in the nation. Over the last decade, Comcast has been connecting low-income Americans to the Internet through its Internet Essentials program, which has helped connect more than 10 million low-income Americans to the Internet at home including Independence and Blue Springs. While the program provides in-home broadband Internet service and an included WiFi router for $9.95/month, the onsite of the coronavirus epidemic galvanized the need for the company to try to do even more to help connect the unconnected. During the pandemic, Comcast launched two new programs to help: Lift Zones and Internet Essentials Partnership Program. Lift Zones provide free WiFi access in community centers where students and adults can get online. Lift Zones are designed to help those students who, for a variety of reasons, are unable to participate in distance learning at home. There are currently two active Lift Zones in the Greater Kansas City Area—two in Independence at the Boys & Girls Clubs. Also, during the pandemic Comcast introduced its Internet Essentials Partnership Program, designed to help accelerate Internet adoption. The program provides the opportunity for school districts and other organizations to fund and quickly connect large numbers of students and families to broadband access at home. Comcast has also partnered with the federal government’s Emergency Broadband Benefit (EBB) program to help those who need access to Internet at their home, learn virtually and stay informed. The benefit is available to new and existing Internet customers who qualify across all tiers of service. To see if you qualify go to https://www.xfinity.com/learn/internet-service/ebb. For Libet Ojeda, Internet Essentials meant educational stability for her children, continuing school online throughout 2020 and 2021, and additional language support for their Spanish-speaking family. “When the pandemic hit, I was fearful of what virtual support my family would have,” stated Libet Ojeda. “My two children are in 5th and 6th grade in the Fort Osage School District and when we had to be at home altogether we were thrilled that Internet Essentials gave us the option for uninterrupted support that was affordable. I cannot say enough about the importance the IE program has been for our family to have the stability to keep learning on the internet. My daughter suffers from dyslexia and the audio books she is able to use on her tablet has made a big difference in her progress. Without the Internet Essentials program she wouldn’t have the support she needs. My son is on the Individualized Education Plan and the IE support he continually receives for his listening and hearing needs is huge. We are a Spanish speaking family and the ability to also get language access support through the IE service has been a game changer for us and other families we know. We even received additional credits through the Comcast IE partnership with the EBB program.” “Ten years is a remarkable milestone, signifying an extraordinary amount of work and collaboration with our incredible community partners across the country,” said Dave Watson, Chief Executive Officer, Comcast Cable. “Together, we have been able to connect millions of people to the power of the Internet at home, and to the endless opportunity, education, growth, and discovery it provides. Today, we are rededicating ourselves to this mission to ensure that the next generation of students in America has the tools, resources, and abilities they need to succeed in an increasingly digital world.” “I would like to express my gratitude to the team at Comcast,” remarked Dr. Dred Scott, President & CEO of the Boys & Girls Club of Kansas City. “Adding the Lift Zones to the Independence and Olathe Clubs to help our students access the Internet is huge. During the pandemic many of our youth were forced to learn from home without having the technology, hardware and infrastructure to support that learning. I want to thank each and every member of the Comcast team that made the Lift Zone initiatives possible within our Clubs. It means so much because of the connection they have with the club. This relationship and this partnership is much more than a transactional experience.” For more information about Internet Essentials and Comcast’s commitment to education and digital equity, please visit https://corporate.comcast.com/education. Families and households can apply for the program at www.internetessentials.com or by phone at 1-855-846-8376 for English or 1-855-765-6995 for Spanish. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Jayne Siemens +1 816-289-1109 jsiemens@vencomm.com Company Website https://corporate.comcast.com/

August 25, 2021 07:00 AM Central Daylight Time

SullivanCotter Announces the Release of 2021 Physician and Advanced Practice Provider Compensation and Productivity Benchmarks

SullivanCotter

SullivanCotter, the nation’s leading independent consulting firm in the assessment and development of total rewards programs, workforce solutions, and technology and data products for the health care industry and not-for-profit sector, is excited to announce the release of its 2021 compensation and productivity benchmarks for nearly 260,000 physicians, physician leaders and advanced practice providers nationwide. Organizations are currently struggling to understand how to utilize the new survey benchmarks and effectively adjust for a number of unprecedented changes from last year and, as a result, are looking for more reliable and stable datasets moving forward. “This year more than ever, hospitals and health systems require critical data-driven insights as they look to normalize the impact of COVID-19 on clinical workforce compensation and productivity and address substantial modifications to the 2021 Physician Fee Schedule. To help clients plan for 2021 and beyond, SullivanCotter will be offering enhanced analyses and reporting as well as guidance on best practices for evaluating the newly released survey data,” said Chris Brandt, Senior Director, Data Analytics and Reporting, SullivanCotter. In addition to standard, non-adjusted benchmarks as historically reported, organizations who purchase an eligible survey report will receive complimentary COVID-19-adjusted work RVU and TCC per work RVU data – providing greater insight into the effect of the pandemic and enabling hospitals, health systems and medical groups to quickly measure the impact on compensation and productivity within their organizations. Newly available for purchase this year are three tiers of detailed productivity reporting – including monthly work RVU volumes by specialty in addition to individual CPT code level details. When combined with SullivanCotter’s innovative Benchmarks360™ platform, organizations can more effectively analyze and visualize this data with access to dynamic filters, multi-year coding profiles, and annual updates to CPT codes. SullivanCotter will also be offering adjusted benchmarks for total cash compensation, work RVUs, collections and other related ratios for use in conjunction with the 2021 Physician Fee Schedule. This includes proprietary data from SullivanCotter's 2021 surveys as well as other third-party market datasets (with appropriate licensing and non-disclosure agreements in place). The 2021 surveys are now available for purchase at SullivanCotter.com. To learn more about this year’s enhanced reporting and analyses, please contact surveys@sullivancotter.com or dial 888.739.7039. About SullivanCotter SullivanCotter partners with health care and other not-for-profit organizations to understand what drives performance and improve outcomes through the development and implementation of integrated workforce strategies. Using our time-tested methodologies and industry-leading research and information, we provide data-driven insights, expertise, data and technology products to help organizations align business strategy and performance objectives – enabling our clients to deliver on their mission, vision and values. Contact Details Becky Lorentz +1 314-414-3719 beckylorentz@sullivancotter.com Company Website https://sullivancotter.com

August 24, 2021 02:42 PM Central Daylight Time

Tech cross-border M&A on record pace in First Half of 2021 according to data from Velocity Global and PitchBook

Velocity Global

Deal multiples return to 2019 levels Cross-border software deals skyrocket Cross-Border M&A Monitor: Tech Sector released today Cross-border tech merger and acquisition deals accelerated in the first half of 2021, on a record pace in transactional volume. That data from PitchBook was released today in the Cross-Border M&A Monitor: Tech Sector published by Velocity Global, the leading provider of global employment solutions. The late surge of activity in 2020 continued through the first half of this year with approximately 1,000 cross-border tech deals closed, for an aggregate of $139.9 billion. “The deal multiple increased in the first half of this year and returned to 2019 levels, which indicates investor confidence in global economic recovery,” said Rob Wellner, Velocity Global chief revenue officer. “Increased multiples drive an even greater need for pre-deal preparation and successful integration after close.” Software value already tops 2020 The value of cross-border M&A deals for Software companies in the first six months of 2021 already topped full-year values for 2020 at over $100 billion. “The pandemic accelerated digital transformations, funneling budgets to build or buy the necessary tools,” added Wellner. “The acquirers are tech and non-tech alike, with tech adding to their stack, and non-tech adding to their in-house capabilities.” Pandemic Operations Drive Cross-Border M&A Interest As evidenced by the increase in median deal size in cross-border tech M&A, dealmakers paid up with confidence. Cross-border acquisitions require businesses to navigate a distributed workforce, and the global pandemic prompted companies of all sizes to invest in the proper resources. “Integration will always have complexities like country-specific labor laws and regulations, but companies are more willing than ever to invest in cross-border diversification and leverage tools to manage a distributed workforce,” said Wellner. “Work from home is really no different than work from another country as it relates to workflow and employee engagement.” Download the Cross-Border M&A Monitor: Tech Sector here. About Velocity Global Velocity Global accelerates the future of work beyond borders. Its global work platform simplifies the employer and employee experience through proprietary cloud-based workforce management technology, personalized expertise, and unmatched scale. As the largest global Employer of Record (also known as International PEO) in 185 countries and all 50 United States, more than 1,000 brands rely on Velocity Global to build global teams without the cost or complexity of setting up foreign legal entities or state registrations. The company offers additional services including Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors. Velocity Global was named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across five continents. For more information visit velocityglobal.com. Contact Details John Hall +1 720-650-4348 news@velocityglobal.com Company Website https://velocityglobal.com/

August 24, 2021 07:02 AM Mountain Daylight Time

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