Press Release – Page 468 – Newswire Pakistan

June 19, 2021

DeFi Powerhouse Fantom’s Native Token FTM Gets Listed on BitFinex and Gemini

NEW YORK, NY / ACCESSWIRE / June 18, 2021 / Two major cryptocurrency trading platforms have listed Fantom within the last 24 hours, as the blockchain platform and its native token FTM continues to grow its footprint across the globe.

Bitfinex, one of the world’s oldest exchanges, has announced the listing today.
US-based digital currency exchange Gemini announced the listing of FTM yesterday, allowing US citizens to buy and trade on their regulated trading platform.

Fantom has been showing remarkable growth in the first quarter of 2021. It enables users to make blockchain transactions without the hassle of high fees, complicated interfaces, slow transaction speeds and weak security.

Bitfinex

Users can withdraw and deposit FTM on Opera Mainnet on Bitfinex leveraging the speed and low transaction costs of Fantom. Founded in 2012, Bitfinex was one of the first professional platforms set up to accommodate the booming interest in cryptocurrency trading. Since then, the team has gained invaluable experience whilst cementing their spot as the go-to platform for digital asset traders and institutions.

Bitfinex is widely used in the Asia Pacific region, especially in China and by getting listed on the platform increases Fantom’s presence in the region.

GEMINI

Gemini, formally known as Gemini Trust Company LLC, is considered one of the most trusted, reliable and regulated digital currency exchange platforms. Its creators Cameron and Tyler Winklevoss created this platform, enabling people from the US to trade safely and secure various cryptocurrencies using USD. Gemini has made a name for itself as being both regulated and highly reputable. Fantom’s addition to Gemini is mutually beneficial as Fantom is closer to being one of the best DeFi (decentralized finance) platforms in the industry.

Being a US-based exchange, Fantom’s listing on the platform now opens up the opportunity for investment by US-based crypto enthusiasts and large-scale investors alike, both of which now have much easier accessibility to the token.

The US is a financial powerhouse when it comes to cryptocurrency, with a recent survey showing more than 6 percent of Americans have financial interests in crypto. That puts the US behind only China when it comes to cryptocurrency investment, which needless to say, opens up a world of opportunity for Fantom.

Fantom’s Exponential Growth

Fantom’s exponential growth is attributed to many factors, including its multiple government partnerships. In addition to being user-friendly, Fantom is also a developer-friendly blockchain that has attracted developers through its decentralized system, enabling blockchain projects with efficiency and ease. Fantom’s minimal fees make this platform desirable, not to mention its compatibility with Ethereum.

Media Contact Information

Simone Pomposi

pr@fantom.foundation

https://fantom.foundation

SOURCE: Fantom Foundation

June 17, 2021

Janet D’Addario, Co-Founder of D’Addario & Co., and Former President of Providence House, Dies at 72.

Janet D’Addario

Photo provided by D’Addario & Company, Inc.

FARMINGDALE, N.Y., June 17, 2021 (GLOBE NEWSWIRE) — Janet D’Addario, a prodigious creative and philanthropic force throughout the world, and wife of D’Addario Chairman, Jim D’Addario, died on June 14^th in her home, surrounded by her entire family. She was 72.

The cause was complications from gall bladder cancer, said her husband, Jim D’Addario.

Janet Marie D’Addario was born on December 10^th, 1948 in Nassau County. Her education circumnavigated Long Island: St. Brigid in Westbury; St. Dominic’s High School in Oyster Bay, and Nassau Community College in Garden City.

In 1966, the course of her life would forever change when the 18-year-old lead singer of a folk group met another young, budding musician who was instantly smitten by her tender voice and magnetic personality. Jim and Janet D’Addario would go on to marry, sing and perform on stage together, and start an extraordinary 50-year partnership that produced a family, a philanthropic legacy, and the most prestigious music accessories business in the world.

When D’Addario & Co. was first founded in 1973, Janet used her creative talents to design the company’s advertising as well as the packaging design for all of their products. As a fledgling organization, Janet’s vision and compassion had a tremendous influence on the development of the culture that guides the organization today.

She would go on to wear many hats, including head of Artist Relations and co-founder of the D’Addario Foundation, which continues to provide music education to young children in underserved communities. Janet served as the Managing Director of the Foundation for 20 years—helping to raise awareness for the cause by producing classical music concerts in cities around the world.

Ms. D’Addario was known by family and friends for her peerless compassion and generosity—fervently believing that actions mean far more than just words. She would go on to serve 11 years on the Board of Long Island Cares, the charity created by Harry Chapin to eradicate hunger on Long island. As a devout Catholic, she supported numerous Catholic charities across the globe, the Long Island Catholic Hospital system as well as her own, personal parish, St. Brigid.

The one charity that held a particularly special place in her heart was Providence House, a New York institution that provides transitional housing for homeless women and children.

“Providence House is, in so many ways, the very embodiment of my wife…when she saw pain, she wanted to ease it. When she saw hunger, she brought food. When she saw homelessness, she provided shelter. But most importantly when Janet saw someone with no hope, she worked hard to provide them with the tools to restore their will to overcome the challenges they were facing.,” said Jim D’Addario.

Ms. D’Addario served as a Board Member of Providence House for 21 years and as its President from 2004-2019. Over those years, she helped raise millions of dollars to ensure thousands of women and children would have a pathway to a brighter future. Her invaluable work led to Janet and Jim being named the first People of Hope in 2002 and the construction of the 43-unit D’Addario Residence in Bedford Stuyvesant, Brooklyn.

In addition to her philanthropic work, Janet was an avid foodie and prolific painter. Not surprisingly, her greatest joy was bringing friends and family together for a homemade meal and the occasional musical performance by she and Jim, as well as their many musical friends.

Janet D’Addario was the daughter of Robert James Carbone and Annabelle (Eannaccone) Carbone of Westbury, New York. She is survived by her loving husband of over 50 years, Jim D’Addario, and their three children: Julie (Pat); Amy (Marcus) and Robert (Gina). She is also survived by eight grandchildren, and her beloved dogs, Dave and Blue.

In lieu of any gifts or flowers, the family is asking anyone wishing to pay their respects to consider a modest donation to Providence House (https://www.providencehouse.org/support-our-work).

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88f5885b-1766-4876-89ab-810766a28ed6

Natalie Morrison
natalie.morrison@daddario.com

June 17, 2021

Synchronoss Announces CFO Transition Plan

Company Reaffirms Fiscal Year 2021 Guidance

BRIDGEWATER, N.J., June 16, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital products and platforms, today announced a CFO transition plan with current Chief Financial Officer (CFO) David Clark stepping down from his role on August 9, 2021, to pursue other personal and career interests. Clark’s transition is unrelated to the Company’s financial reporting and business performance, and the Company is reaffirming 2021 guidance previously provided on May 10, 2021, in parallel with today’s announcement. Clark was appointed CFO in August 2018.

Commenting on Clark’s departure, Jeff Miller, President and CEO of Synchronoss, said: “I’ve enjoyed working alongside David and thank him for his commitment to the Company. David joined Synchronoss to make enhancements to our operational controls and reporting. During his tenure he has helped Synchronoss navigate successfully through significant improvements in management of operating expenses and implementation of financial governance and controls. I firmly believe his contributions have positioned us for future growth and success. On a personal note, I wish him only the best with his future endeavors and appreciate his support during this leadership transition.”

An executive search for Clark’s replacement is currently underway. He will remain in his current role until his departure date and will support Synchronoss as it transitions the CFO role to a successor.

About Synchronoss
Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services and content they love. That’s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at www.synchronoss.com

Forward-Looking Statements

This press release includes statements concerning Synchronoss and its future expectations, plans and prospects that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, the words “may,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “believes,” “potential” or “continue” or other similar expressions are intended to identify forward-looking statements. Synchronoss has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business, financial condition and results of operations. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions including, without limitation, risks relating to the Company’s ability to sustain or increase revenue from its larger customers and generate revenue from new customers, the Company’s expectations regarding expenses and revenue, the sufficiency of the Company’s cash resources, the Company’s growth strategies, the anticipated trends and challenges in the business and the market in which the Company operates, the Company’s expectations regarding federal, state and foreign regulatory requirements, the pending lawsuits against the Company described in its most recent SEC filings, and other risks and factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, which are on file with the SEC and available on the SEC’s website at www.sec.gov. The company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

Media Contacts

For Synchronoss:
Anais Merlin, CCgroup UK
Diane Rose, CCgroup US
E: synchronoss@ccgrouppr.com

Investor Contact
For Synchronoss: Todd Kehrli/Joo-Hun Kim, MKR Investor Relations, Inc., E: investor@synchronoss.com