Day: July 12, 2023

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Xage Security Recognized in the Gartner® Market Guide for Cyber-Physical Systems Protection Platforms

Report discusses the need for progressive, asset-centric approach to protect mission-critical environments

PALO ALTO, Calif., July 12, 2023 (GLOBE NEWSWIRE) — Xage Security, the leader in zero trust cybersecurity solutions for the real world, today announced that it has been recognized as a Representative Vendor in the 2023 Gartner Market Guide for Cyber-Physical Systems Protection Platforms. This is the inaugural Gartner Market Guide to focus on Cyber-Physical Systems (CPS) Protection Platforms, which are emerging as a leading cybersecurity market segment for protecting operations and mission-critical environments.

Gartner defines the Cyber-Physical Systems (CPS) Protection Platforms Market as “products and services that use knowledge of industrial protocols, operational/production network packets or traffic metadata, and physical process asset behavior to discover, categorize, map and protect CPS in production or mission-critical environments outside of enterprise IT environments.” This report indicates a shift in the OT security market, which is moving beyond the use of segregated network architectures as the principal form of OT cybersecurity and into asset-centric approaches that protect at the level of individual users, applications and systems.

“With the changing threat landscape, an asset-centric approach to securing operations is an essential step to effectively protect against today’s advanced cyberattacks,” said Duncan Greatwood, CEO of Xage Security. “We believe this recognition of the market signals a new stage in critical infrastructure protection as more and more organizations are adopting CPS asset-centric security to prevent, contain and respond to cyber attacks.”

Operational Security Evolving to an Asset-Centric Security Model

Gartner states that “As the complexity and variety of old and new assets have become a reality for most organizations, so has the recognition that a new approach to security is needed.”

Xage is pioneering a new approach to infrastructure cybersecurity providing operators with capabilities from asset discovery to identity-based cyber hardening in a converged solution that protects access to assets, data, and applications even if attackers gain access to the operational network.

Last year, Xage was also recognized as a Representative Vendor among CPS Protection Platforms in the Gartner 2022 Innovation Insight for Cyber-Physical Systems Protection Platforms report and also named in the Gartner 2022 Market Guide for Operational Technology Security report.

Xage helps operators protect their systems using an identity-based asset-centric zero trust architecture. Xage’s capabilities include identity-based access management and privilege enforcement, zero trust remote access, multi-layer multi-factor authentication (MFA), and zero trust data exchange that protects access to sensitive operational data.

To read the full 2023 Gartner Market Guide for Cyber-Physical Systems Protection, click here.

* Gartner Market Guide for Cyber-Physical Systems Protection Platforms, Katell Thielemann and Wam Voster, 29th June 2023.

Gartner Disclaimer
GARTNER is registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Xage Security
Xage is the first and only zero trust real-world security company. Xage’s solutions and services accelerate and simplify the way enterprises secure, manage and transform digital operations across OT, IT, and cloud. Xage products include Identity-based access management, remote access, and zero trust data exchange, all powered by the Xage Fabric. Xage also offers Cybersecurity Services, which deliver expert design, implementation, and support services to accelerate the adoption of proactive cyber-defense and underpin secure digital transformation.

Xage PR Contact
xage-security@inkhouse.com

GlobeNewswire Distribution ID 8872801

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Recursion Announces Collaboration and $50 Million Investment from NVIDIA to Accelerate Groundbreaking Foundation Models in AI-Enabled Drug Discovery

Companies to collaborate on software for biotech and pharmaceutical companies to create improved patient treatments faster

SALT LAKE CITY, TORONTO and MONTRÉAL, July 12, 2023 (GLOBE NEWSWIRE) — Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced a $50 million investment by NVIDIA, which was executed as a private investment in public equity (PIPE). Recursion also announced plans to accelerate development of its AI foundation models for biology and chemistry, which, in collaboration with NVIDIA, it intends to optimize and distribute to biotechnology companies using NVIDIA cloud services.

“Our collaboration with NVIDIA represents two best-in-class companies coming together to help solve one of the world’s most difficult challenges, drug discovery,” said Chris Gibson, Ph.D., Co-founder and CEO of Recursion. “With our powerful dataset and NVIDIA’s accelerated computing capabilities, we intend to create groundbreaking foundation models in biology and chemistry at a scale unlike anything that has ever been released in the biological space.”

Recursion plans to utilize its vast proprietary biological and chemical dataset, which exceeds 23 petabytes and 3 trillion searchable gene and compound relationships, to accelerate the training of foundation models on NVIDIA DGX™ Cloud for possible commercial license/release on BioNeMo, NVIDIA’s cloud service for generative AI in drug discovery. NVIDIA will also help optimize and scale Recursion foundation models leveraging the NVIDIA AI stack and NVIDIA’s full-stack computing expertise. BioNeMo was announced earlier this year as a cloud service for generative AI in drug discovery, offering tools to quickly customize and deploy domain-specific, state-of-the-art biomolecular models at-scale through cloud APIs. Recursion anticipates using this software to support its internal pipeline as well as its current and future partners.

“Generative AI is a revolutionary tool to discover new medicines and treatments,” said Jensen Huang, founder and CEO of NVIDIA. “We are delighted to collaborate with Recursion’s world-class team, which is doing pioneering work in digital biology and chemistry with NVIDIA DGX and NVIDIA AI software to accelerate the development of the world’s largest biomolecular generative AI models and speed drug discovery for biotech and pharmaceutical companies.”

Recursion, through its recent acquisition of Valence Discovery, aims to accelerate the development of new technologies to feed the biopharma industry, while simultaneously democratizing access to large-scale models that have maximum impact in drug discovery.

About Recursion
Recursion (NASDAQ: RXRX) is a clinical stage TechBio company leading the space by decoding biology to industrialize drug discovery. Enabling its mission is the Recursion OS, a platform built across diverse technologies that continuously expands one of the world’s largest proprietary biological and chemical datasets. Recursion leverages sophisticated machine-learning algorithms to distill from its dataset a collection of trillions of searchable relationships across biology and chemistry unconstrained by human bias. By commanding massive experimental scale — up to millions of wet lab experiments weekly — and massive computational scale — owning and operating one of the most powerful supercomputers in the world, Recursion is uniting technology, biology, and chemistry to advance the future of medicine.

Recursion is headquartered in Salt Lake City, where it is a founding member of BioHive, the Utah life sciences industry collective. Recursion also has offices in Toronto, Montréal and the San Francisco Bay Area. Learn more at www.Recursion.com, or connect on Twitter and LinkedIn.

Media Contact
Media@Recursion.com

Investor Contact
Investor@Recursion.com

Forward-Looking Statements
This document contains information that includes or is based upon “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995, including, without limitation, those regarding the acceleration and advancement of development of AI foundation models, as well as optimizing, licensing, and distributing such models; using BioNeMo software to support Recursion’s internal pipeline and well as Recursion’s current and future industry partners; Recursion accelerating development of new technologies through its Valence Discovery acquisition; and all other statements that are not historical facts. Forward-looking statements may or may not include identifying words such as “plan,” “will,” “expect,” “anticipate,” “intend,” “believe,” “potential,” “continue,” and similar terms. These statements are subject to known or unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements, including but not limited to: challenges inherent in pharmaceutical research and development, including the timing and results of preclinical and clinical programs, where the risk of failure is high and failure can occur at any stage prior to or after regulatory approval due to lack of sufficient efficacy, safety considerations, or other factors; our ability to leverage and enhance our drug discovery platform; our ability to obtain financing for development activities and other corporate purposes; the success of our collaboration activities; our ability to obtain regulatory approval of, and ultimately commercialize, drug candidates; our ability to obtain, maintain, and enforce intellectual property protections; cyberattacks or other disruptions to our technology systems; our ability to attract, motivate, and retain key employees and manage our growth; inflation and other macroeconomic issues; and other risks and uncertainties such as those described under the heading “Risk Factors” in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K. All forward-looking statements are based on management’s current estimates, projections, and assumptions, and Recursion undertakes no obligation to correct or update any such statements, whether as a result of new information, future developments, or otherwise, except to the extent required by applicable law.

GlobeNewswire Distribution ID 8872969

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LeddarTech and Ficosa Intensify Collaboration for Innovative Smart Parking Assistant

QUEBEC CITY, July 12, 2023 (GLOBE NEWSWIRE) — LeddarTech®, an automotive software company that provides patented disruptive low-level sensor fusion and perception software technology for ADAS and AD, is thrilled to announce the successful integration of LeddarTech’s advanced LeddarVision™ software with Ficosa’s cutting-edge surround-view camera system, along with other sensors such as radars, IMU and GPS. Ficosa is a leading global company dedicated to the research, development, production and marketing of advanced vision, safety and efficiency solutions for the automotive industry.

This significant milestone marks a major step forward in the strategic collaboration announced in December 2022 by Ficosa regarding integrating the LeddarVision software into Ficosa’s advanced driver assistance systems (ADAS) for parking. LeddarVision is a high-performance sensor fusion and perception software stack that provides extremely accurate 3D models of the vehicle’s surroundings, developed using raw data inputs from sensor systems. Integrating this software with Ficosa’s renowned vision technology unlocks the full potential of this software to enable Ficosa’s smart parking assistant for ADAS and AD.

In pursuit of their shared vision towards the consolidation of the autonomous vehicle, LeddarTech and Ficosa continue to strengthen their strategic collaboration towards developing a pioneering Intelligent Parking Assistance system, allowing even more detailed and precise perception of the surroundings. The hardware and software system architecture teams will begin equipping a car in Israel that will be used, in collaboration, to develop and demonstrate the smart parking assistance perception and driving features. Following this, two other vehicles in Europe will be added to the fleet showcasing the full software and hardware implementation for smart parking assist.

“LeddarTech is very pleased to partner in this collaboration and celebrate the success of integrating our LeddarVision software and Ficosa vision technology.” So stated Charles Boulanger, CEO of LeddarTech. “This relationship is driven by our commitment to pushing the boundaries of automotive technology by delivering cutting-edge solutions that enhance safety, efficiency and driver experiences. Our team is very excited to continue working with Ficosa on the next phase of the collaboration,” Mr. Boulanger concluded.

“At Ficosa, we strive to contribute to building a safer, more comfortable and efficient mobility of the future for everyone,” stated Josep Maria Forcadell, Chief Technology Officer at Ficosa. “In this sense, this innovative, intelligent automatic parking assistant that combines the fusion of LeddarTech’s low-level sensor and perception capabilities and Ficosa’s surround-view camera system will have a significantly positive impact, providing even more detailed and accurate perception of the environment,” Mr. Forcadell concluded.

About Ficosa

Ficosa is a leading global company dedicated to the research, development, production and marketing of advanced vision, safety and efficiency solutions for the automotive industry, with a vocation to contribute to society through its commitment to technological innovation, human values and energy efficiency. Founded in 1949 and with headquarters in Barcelona, Ficosa currently employs more than 8,500 people and has production and R&D centers and sales offices in Europe, North and South America, Asia and Africa. The Rear-View System (interior/side mirror) is Ficosa’s main, globally renowned business, which is recognized by the world’s leading original equipment manufacturers (OEMs). www.ficosa.com

Social media: Twitter @FICOSA_Int; LinkedIn Ficosa

For more information: Ficosa Communication Department
Mònica Acero: macero@llorenteycuenca.com +34 615 07 59 81
Pau Guerrero: pguerrero@llorenteycuenca.com

About LeddarTech

A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal, Toronto and Tel Aviv, Israel, LeddarTech develops and provides comprehensive perception software solutions that enable the deployment of ADAS and autonomous driving (AD) applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment, allowing for better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.

LeddarTech is responsible for several remote-sensing innovations, with over 150 patents granted or applied for that enhance ADAS and AD capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc. Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

GlobeNewswire Distribution ID 8871621

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MWL calls for legal actions to end desecration of Holy Quran

Lahore, July 12, 2023 (PPI-OT): A meeting of Minhaj-ul-Quran Women League was held at the central secretariat which was attended by central, provincial and district office-holders. Addressing the meeting, MWL leader Ms. Sidra Karamat said that Islam is a peaceful religion and teaches its followers to promote peace and interfaith tolerance. She said we cannot become Muslims unless we believe in all the divine books. She said that the heart-rending incidents such as desecration of the Holy Quran injure the feelings of over two billion Muslims and create ill-will and hatred in the hearts.

Ms. Sidra Karamat highlighted the need for legal actions at the international level so that such despicable practices could be ended. She said unless humanity finds a way to deal with such incidents, international peace will continue to be threatened. She said that we have to identify all such elements who want to destroy global peace and sow the seeds of hatred and doubts in the minds of the people. She said that the Holy Quran offers a complete code of life, adding that humanity can benefit from its peaceful teachings. She said that at a time when there is a need for building bridges between various cultures and civilizations, some people are out to destroy our shared values.

For more information, contact:

Minhaj-ul-Quran International (MQI)

365 M, Model Town, Lahore, Pakistan

UAN: +92-42-111-140-140

Tel: +92-42-35169111

Email: tehreek@minhaj.org

Website: www.minhaj.org

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32% Pakistanis think they only have 1-2 hours of free time every day, 12% say they don’t have any time for themselves: Gallup and Gilani Pakistan

Islamabad, July 12, 2023 (PPI-OT): According to a survey conducted by Gallup and Gilani Pakistan, 32% Pakistanis think they only have 1-2 hours of free time every day, while 12% say they don’t have any time for themselves.

A nationally representative sample of adult men and women from across the country was asked the question, “When thinking about an average day in your life, how much free time do you think you have? Think about free time as a moment where you do something you choose just like relaxing, going for a walk, watching TV/other devices, or do a hobby/sport?”

In response, 9% said more than 6 hours, 3% said 6 hours a day, 10% said 4-5 hours a day, 17% said 2-3 hours a day, 32% said 1-2 hours a day, 18% said less than one hour a day, and 12% said they don´t have time for themselves.

Question: “When thinking about an average day in your life, how much free time do you think you have? Think about free time as a moment where you do something you choose just like relaxing, going for a walk, watching TV/other devices, or do a hobby/sport?”

For more information, contact:

Head Office,

Gallup Pakistan

Islamabad, Pakistan

Tel: +92-51-8445080

Email: isb@gallup.com.pk, caf@gallup.com.pk

Website: www.gallup.com.pk

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Pro Vice-Chancellor Sindh Agriculture University Tandojam visits UVAS

Lahore, July 12, 2023 (PPI-OT): Sindh Agriculture University Tandojam (SAU) Pro Vice-Chancellor Prof Dr Jan Muhammad Marri along with faculty members paid visit to University of Veterinary and Animal Sciences Lahore and called on UVAS Vice-Chancellor Prof Dr Nasim Ahmad.

Prof Dr Nasim Ahmed briefed the Dr Jan Muhammad on the UVAS historical importance, academic and research activities, research projects, extension and community services etc. He said UVAS is working closely with livestock, poultry, dairy, meat and food industries and playing its vital role to solve their issues by utilizing its knowledge, research and trained human resource. He mentioned UVAS provided testing services during odd time of Covid-19 pandemic and even in flood 2022 by providing relief services to flood affected livestock farming community in worst flood affected areas of Pakistan.

Dr Jan Muhammad Marri acknowledged the role of UVAS in imparting best knowledge, research and practical experiences to students. He also showed keen interest to build strong linkages with UVAS and SAU for the promotion of veterinary education and research.

For more information, contact:

Public Relations Officer

University of Veterinary and Animal Sciences (UVAS)

Syed Abdul Qadir Jillani (Out Fall) Road,

Lahore – Pakistan

Tel: +92-42-99211374, +92-42-99211449

Email: webmaster@uvas.edu.pk

Website: www.uvas.edu.pk