Street Cred Capital Selects Synchronoss to Offer Personal Cloud as Part of its Mobile Device Financing Program

Finance Company Represents Unique Market Opportunity to Resell Synchronoss’ Personal Cloud Solution and Expand the Value of Device Financing

BRIDGEWATER, N.J. , Aug. 09, 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging, and digital products and platforms, today announced that Street Cred Capital has signed a Letter of Intent to become a distributor of the Company’s value-added Personal Cloud solution. Synchronoss’ Personal Cloud product provides a turn-key solution for companies seeking to integrate or bundle personal cloud as a value-added service.

Serving leading North American carriers, MVNOs and retailers, Street Cred Capital offers six lending product options for financing new devices and value-added solutions. Integrated into the online and point-of-sale shopping experience, as well as the credit application flow, Street Cred Capital makes it extremely easy and affordable to purchase products and complementary services, significantly improving sales performance and increasing revenue.

The Synchronoss solution enables Street Cred Capital to offer a Personal Cloud bundle at a discounted rate as part of every financed purchase. This unique offer allows subscribers to backup, sync, and organize a broad range of digital files between devices and the cloud. Subscribers can finance cloud over 12, 18, and 24-month plans, and the value of each subscription will range from $50 to $400, depending on the type of plan selected.

Through its mobile sales channel ecosystem, Street Cred Capital offers funding solutions to address nearly 32 million customers. Personal Cloud is ideal for mobile carriers and MVNOs, internet service providers, security monitoring companies as well as insurance, financial services, and lenders to offer new, revenue-generating solutions and value-added bundles.

“We have successfully expanded our Synchronoss Cloud solutions to serve the needs of global service providers, insurance companies, and retailers, and Street Cred would represent an exciting new market opportunity for our personal cloud platform,” said Jeff Miller, President and CEO of Synchronoss.

“Leveraging our vast mobile industry experience, we’re focused on curating best-in-class products and services to enhance our financing program and provide additional value to the customers we serve,” said Clint Fayling, CEO of Street Cred Capital. “Personal Cloud offers a complementary, value-added service that can be easily bundled with any Street Cred financing offer to increase average order value and customer lifetime value for our carrier, MVNO, and retail partners. We look forward to working with Synchronoss to deliver Personal Cloud solutions.”

About Street Cred Capital
Street Cred Capital delivers the best-in-class lending solutions tailored for the mobile industry — and its customers. A Colorado-based fintech leader, Street Cred provides fast and affordable lending tools that empower mobile device carriers and retailers to grow their businesses. In delivering a configurable portfolio of lending products and services that connect consumers to industry-leading lenders, Street Cred provides a streamlined customer qualification experience, the highest approval rates, and the most competitive customer rates in the marketplace. Learn more at www.streetcredcapital.com.

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. Learn more at www.synchronoss.com.

Media Relations Contact:
Domenick Cilea
Springboard
dcilea@springboardpr.com

Investor Relations Contact:
Matt Glover / Tom Colton
Gateway Group, Inc.
SNCR@gatewayir.com

Ville Parpala Named Regional Sales Manager, Scandinavia for Nikkiso Clean Energy and Industrial Gases Group Europe

TEMECULA, Calif., Aug. 09, 2022 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is pleased to announce that Ville Parpala has been named Regional Sales Manager for Scandinavia.

Ville brings a strong European sales and business development background with an emphasis in international Marine and Industrial market segments. His background in Automation Technology and International Business has proved invaluable to his ability to find new solutions, including utilizing hybrid technologies. He has over 20 years’ experience in Europe, the Middle East and Asia, and has most recently served as Director of Marine Product Marketing for The Switch, as well as Sales management positions with Grundfos, ABB, Marioff and Emerson.

Based in Finland, he will manage and develop business opportunities there and in the Scandinavian territory, including Sweden, Denmark and Norway and will report to Ole Jensen, Vice President, NCEIG Europe.

“We look forward to be able to grow and expand our support of this important market with Ville’s industry and market knowledge, and to further develop opportunities in this region,” according to Ole Jensen.

With this addition, Nikkiso continues their commitment to be both a global and local presence for their customers.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.), and process plants for Industrial Gases, Natural gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

Stefan Kuijs Named Product Manager for LNG & Hydrogen – The Netherlands – for Nikkiso Clean Energy and Industrial Gases Group Europe

TEMECULA, Calif., Aug. 09, 2022 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is pleased to announce that Stefan Kuijs has been named Product Manager for LNG & Hydrogen for Nikkiso Integrated Cryogenic Solutions serving the Netherlands.

A mechanical engineer, Stefan has specialized education and training in process engineering, and has over ten years’ experience with design, installation, commissioning and start-up of LNG/CNG stations and bio-gas installations. His responsibilities have also included Hydrogen projects with focus on energy transition and clean fuels. He will be responsible for the full line products, sales and solutions related to LNG and Hydrogen

“Stefan’s industry and market experience will be of great benefit to the Group, as we work to develop the opportunities in this region” according to Ole Jensen, Vice President, Nikkiso Clean Energy & Industrial Gases Europe.

With this addition, Nikkiso continues their commitment to be both a global and local presence for their customers.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.), and process plants for Industrial Gases, Natural gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

Internet Society Foundation announces second round of innovation grants to address connectivity gap

US$200,000 grants available to advance Internet access and connectivity globally

RESTON, Va., Aug. 9, 2022 /PRNewswire/ — The Internet Society Foundation has launched a second round of grants to advance Internet access and connectivity around the world. Now in its second year, the The Building Opportunities/Leveraging Technologies (BOLT) grant program supports teams of creatives, technologists, and researchers to develop solutions to Internet connectivity, particularly among communities where current technologies are unavailable or inaccessible. US$200,000 grants will be awarded to organizations for projects lasting up to 12 months.

Internet Society Foundation

“The Internet Society Foundation is committed to using our funding to address the challenges that prevent people from accessing the Internet, in line with our vision that the Internet is for everyone. With almost half of the world population still offline, these grants aim to bolster the development of imaginative and sustainable solutions that will promote greater Internet access and connectivity for communities around the world”, noted Sarah Armstrong, Executive Director of the Internet Society Foundation.

The BOLT program builds on the Internet Society Foundation’s commitment to support innovative solutions to Internet connectivity. Organizations currently implementing projects around the world through the program include: Digital Empowerment Foundation, Digital Harbor Foundation Inc., Fundación Sole Colombia and the Research and Education Network for Uganda (RENU).

BOLT is open for applications between 8 August and 2 September and the grantees will be announced in October. Applying teams must ensure that their lead organization is a legally registered 501(c)(3) or equivalent.

See grant details and application process.

About The Internet Society Foundation:

The Internet Society Foundation was established in 2019 to support the positive difference the Internet can make to people everywhere. Guided by our vision of an Internet for Everyone, the Foundation champions ideas and enables communities to unlock the Internet’s potential to tackle the world’s evolving challenges. Focusing in five program areas, the Foundation awards grants to Internet Society Chapters as well as non-profit organizations and individuals dedicated to providing meaningful access to an open, globally connected, secure and trustworthy Internet for everyone.

Logo – https://mma.prnewswire.com/media/1866485/Internet_Society_Foundation_Logo.jpg

Graduate Management Admission Council Appoints Joy Jones as Incoming CEO

Jones to succeed Sangeet Chowfla as head of the global association representing leading graduate business schools

GMAC Incoming CEO Joy Jones

GMAC Incoming CEO Joy Jones

RESTON, Va., Aug. 08, 2022 (GLOBE NEWSWIRE) — The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, today announced the appointment of Joy Jones as the organization’s CEO-Elect. Jones currently serves as GMAC’s chief product officer and general manager of assessments, a role she has held since July 2017. The announcement came after current CEO Sangeet Chowfla announced his intention to step down from the position earlier this year, and an extensive search executed by a global executive recruiting firm. The GMAC board of directors unanimously voted to elect Jones, who will become GMAC’s fourth CEO as of October 1, 2022.

“With more than a hundred interested candidates from around the world, the Board conducted extensive interviews and thorough evaluations over the past months and was thrilled to find the best person to lead the organization from within,” said Jon Erickson, chairman of the GMAC board of directors and former president of education and career services at ACT. “Besides her proven success with growing GMAC products and services and deep understanding of the graduate management education industry we represent, we were especially impressed by Ms. Jones’s vision, intellect, composure, and ability to relate to people.”

Jones joined GMAC five years ago with the responsibility for holistically managing the Council’s assessments and preparation portfolio, which includes the Graduate Management Admission Test™ (GMAT™) exam—the most widely used assessment by business schools worldwide and relied on by more than 7,500 business school programs, the NMAT by GMAC™ exam, Executive Assessment, and associated assessment preparation materials. She was instrumental in navigating through challenging times during the COVID-19 pandemic with a rapid launch of the online delivery of all GMAC assessment solutions. Earlier this year, under her stewardship, GMAC debuted Business Fundamentals Powered by Kaplan, a new GMAC product line of “micro” courses in statistics, accounting, and finance to help prepare business school aspirants and admitted students for success in their graduate programs.

“It is a great honor for me to be chosen to lead a long-standing and highly regarded organization like GMAC, with an outstanding 70-year history of connecting talent with opportunity through higher education,” said Jones. “As the organization enters into a new chapter in an ever-evolving global business environment, focused on innovation and growth as well as diversity and inclusion, I look forward to continuing to work alongside my dedicated colleagues at GMAC and in the business school community to advance graduate management education and ensure that talented people have the opportunity to improve the world we live in.”

Throughout her career, Jones has been a transformational leader in a variety of roles spanning strategy, product, sales, business development, and operations, with expertise in leveraging new technologies to create innovative solutions for global markets. Prior to joining GMAC, Jones had a 13-year tenure at the Associated Press (AP) which culminated as their Vice President of Global Products, overseeing all product portfolio and distribution platform management across the company’s multimedia content licensing, advertising, and content service businesses. Prior to AP, Jones worked at Cap Gemini Ernst & Young, where she was an executive with the Strategic Advisory Services and Telecom Media Networks consulting practices. She earned her MBA at Stanford University and holds a bachelor’s degree in mathematics and applied sciences from the University of California, Los Angeles (UCLA), where she graduated with honors.

Jones will succeed Sangeet Chowfla, who has chosen to step down for a new phase of his life after nearly a decade at the helm of GMAC. Chowfla joined GMAC in 2013 and served as President and CEO since 2014. During his tenure, Chowfla drove an extraordinary period of transformation and diversification for GMAC, including establishing regional offices in China, India, and the U.K., and oversaw three acquisitions of complementary products and services designed to help foster connections with candidates and schools, namely NMAT by GMAC, BusinessBecause, and The MBA Tour. He also helped redefine the GMAC brand in renewing focus on serving member schools and uniting the industry to solve common problems and created additional value for schools through expanding our research programs, conferences, and events. Chowfla will continue as an advisor through the end of the year to be available for a smooth and orderly transition.

“Sangeet Chowfla joined the organization during a period of disruption in the industry that only intensified with the advent of the pandemic and global geopolitical challenges,” said Erickson. “We are grateful for his service and the extraordinary growth and evolution that has enabled us to build long-term strategies and position our association for the future to continue serving schools and candidates.”

“It has been an honor and privilege to lead this great organization in a time of change,” said Chowfla. “GMAC’s mission, its people, and the connections that it fosters are truly unique. I look back with some satisfaction that we have built a stronger and more resilient GMAC that is leaner, more diversified in its service offerings, and more global in its outlook. Joy and I have worked closely over the years, and I leave secure in knowing that she has the vision and capability to lead the organization and take it forward.”

About GMAC

The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. Founded in 1953, GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry, as well as resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test™ (GMAT™) exam is the most widely used graduate business school assessment.

More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and The MBA Tour are subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.

To learn more about our work, please visit www.gmac.com

Media Contact:

Teresa Hsu
Sr. Manager, Media Relations
202-390-4180 (mobile)
thsu@gmac.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b997ea7e-87f4-4d87-979a-e5ecde0379fc

Winners Announced in the Seventh Annual Stevie® Awards for Great Employers

Top Winners Include IBM and Tata Consultancy Services

2022 Stevie Awards for Great Employers Winners Announced

These awards recognize the world’s best employers and the human resources professionals, teams, achievements, and HR-related products and suppliers who help to create and drive great places to work.

FAIRFAX, Va., Aug. 08, 2022 (GLOBE NEWSWIRE) — Winners in the 2022 (seventh annual) Stevie® Awards for Great Employers, an international competition, were announced today. The awards recognize the world’s best employers and the human resources professionals, teams, achievements, and HR-related products and suppliers who help to create and drive great places to work.

Among the organizations with the most Stevie-winning nominations are IBM, worldwide (27 Gold, Silver, and Bronze wins), Tata Consultancy Services, worldwide (23), Enerjisa Enerji, Turkey (21), Bank of America, USA (18), Cathay United Bank, Taiwan (10), Globe Telecom, Inc., Philippines (10), MİGROS, Turkey (10), Abu Dhabi Customs, United Arab Emirates (8), DHL Global Forwarding, Germany (8), Sabanci Holding, Turkey (8), İGA (İstanbul Grand Airport), Turkey (7), Megaphone, Australia (7), and NEQSOL HOLDING, Azerbaijan (7).

Visit www.StevieAwards.com/HR for a full list of winners by category.

Next week two Grand (“best of show”) Stevie Award winners will be announced. One will go to the nomination that received the highest average score from the judges. The other, for Organization of the Year, will go to the entrant with the most award points earned in the competition.

The Grand, Gold, Silver, and Bronze Stevie Award winners will be celebrated during an awards banquet on September 17 at Caesars Palace in Las Vegas. Tickets for the event are now on sale.

More than 950 nominations from organizations in 26 nations were evaluated in this year’s competition. Winners were determined by the average scores of more than 100 professionals worldwide, acting as judges. Winners in the Employer of the Year categories, sponsored by HiBob, were determined by a unique blending of the average scores of the professional judges and more than 80,000 votes by the general public.

The Stevie Awards for Great Employers recognize achievement in many facets of the workplace. Categories include:

  • Employer of the Year
  • HR Achievements
  • HR Individual Awards
  • HR Team Categories
  • Solution Provider Awards
  • COVID-19 Response
  • More than 50 New Product & Service Categories
  • Thought Leadership

The awards are presented by the Stevie Awards, which organizes eight of the world’s leading business awards programs including the prestigious International Business Awards® and American Business Awards®.

About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

About HiBob
HiBob is a modern HR platform designed for modern business. HiBob’s intuitive and data-driven platform, ‘Bob’, was built for the way people work today: globally, remotely, and collaboratively. Since its launch in late 2015, HiBob has achieved consecutive triple-digit year-over-year revenue growth and become the HR platform of choice for more than 2,500 modern, midsize, and multinational companies who understand that a powerful, agile HR tech suite is mission critical and a key driver of organizational success. Dynamic companies across the globe such as Cazoo, Gong, Hopin, Monzo, Happy Socks, Fiverr, and VaynerMedia rely upon Bob to help HR and managers connect, engage, develop and retain top talent. For more information about HiBob, visit www.hibob.com.

Contact:
Nina Moore
Nina@StevieAwards.com
+1 (703) 547-8389

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3be33011-bf0f-469a-ac50-1f037f0aa9c3