Month: November 2023

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Gordon Brothers Partners with Maynards Europe to Sell AURORA Lichtwerke’s Lamp Development & Manufacturing Plant Assets

Cologne, Nov. 22, 2023 (GLOBE NEWSWIRE) — Gordon Brothers, the global asset experts, is partnering with Maynards Europe to sell by online auction AURORA Lichtwerke’s lamp development and manufacturing plant assets.

The two-day auction on November 29-30 for more than 2,000 lots in Eichstätt, Germany includes 19 LED, halogen and discharge lamp production assembly lines, a SMD factory configured for LED production, and laboratory, quality assurance, plant support and maintenance equipment.

AURORA Lichtwerke had a production capacity of more than 350 million lamps per annum. The site was previously a LEDVANCE production plant and prior to that a spin off from OSRAM that was part of Siemens AG.

“It is rare for the production lines of halogen signal and studio lights for airfield, traffic, train and medical applications to come to market,” said Dr. Andreas Kemper, Managing Director at Gordon Brothers. “With the complete closure of the plant these assets are in high demand, and we are seeing significant global interest from established industry manufacturers.”

“We’re excited to auction the assets from AURORA Lichtwerke, which was once the world’s largest lamp manufacturing site,” said Daniel Kroeger, Managing Director at Maynards Europe. “This is a unique opportunity for entrepreneurs and large-scale manufacturers to expand their capacity and product range.”

To view the full list of available assets and register to bid, please visit Maynards’ website.

Gordon Brothers leverages decades of experience buying, selling, operating and valuing assets in the industrial economy across Australia, Brazil, Canada, the U.K., Europe, Japan and the U.S.

About Gordon Brothers

Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, financing and investment. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to provide maximum liquidity, put assets to their highest and best use and mitigate liabilities. The firm conducts more than $100 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation. Gordon Brothers lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market-leading disposition and appraisal services. The firm is headquartered in Boston, with over 30 offices across five continents.

About Maynards
Founded in 1902, Maynards specializes in auctions, liquidation sales and the appraisal of industrial equipment and commercial/retail inventories. With offices throughout the United States, Canada, Germany, UK, China and Japan, the company constantly performs asset sales and appraisals around the world in a wide range of industries. Maynards has the expertise and resources to simultaneously manage machinery sales and plant liquidations in all areas of heavy industry, including automotive manufacturing, plastics, semiconductor, pharma, energy, food, metalworking, pulp & paper, sawmill, mining, printing and woodworking. Maynards Europe GmbH is a subsidiary of Maynards. www.maynards.com

Lauren Nadeau
Gordon Brothers
+1.617.422.6599
[email protected]

GlobeNewswire Distribution ID 8983461

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Pixalate Launches “Made For Advertising” (MFA) Detection and Blocking Technology for Websites, Connected TV & Mobile Apps

New feature delivers continuous monitoring and rating of 100+ million web domains, CTV and mobile apps assigning a high, medium, or low MFA risk assessment

London, UK, Nov. 21, 2023 (GLOBE NEWSWIRE) — Pixalate, the global market-leading ad fraud protection, privacy, and compliance analytics platform, today announced the launch of  “Made for Advertising” (MFA) technology to detect and block MFA websites, CTV and mobile apps. Pixalate’s MFA solution rates websites, CTV and mobile apps with a high, medium, or low MFA risk; this new feature is available in Beta across the Pixalate product suite.

Pixalate’s MFA detection technology models historical open programmatic transaction data across all apps, pages and URLs; an October 2023 MFA Pixalate assessment deemed over 15K MFA websites and apps high risk. MFA websites and apps can feature intrusive advertising techniques like pop-up ads, auto-play videos, or ads restricting access to content, often resulting in a poor advertising-to-attention ratio.

With the release of this new feature, Pixalate addresses the nuances of MFA in CTV and mobile apps by incorporating metrics beyond ad refresh and ad density to include the age of the app, invalid traffic (IVT) rates, user ratings, and popularity rankings. Pixalate uses statistical techniques such as Univariate/Multivariate Descriptive and Gaussian curve analysis to assign high, medium, or low MFA risk to websites, CTV, and mobile apps.

Pixalate’s MFA risk assessment technology uses the following data points, enabling ad buyers to adjust their MFA risk threshold:

Connected TV App MFA Risk Definition and Criteria  

  • MFA Risk: Pixalate’s assessment of the risk (High, Medium or Low) of the CTV app being deemed MFA
    • Ad Refresh Rate: Number of ad impressions observed per device, per hour
    • Age:  Age of the app on the App Store
    • IVT: IVT% of the App across regions
    • Popularity Score: Pixalate’s popularity score for the app
    • Reviews: Number of Reviews

Mobile App MFA Risk Definition and Criteria 

  • MFA Risk: Pixalate’s assessment of the risk (High, Medium or Low) of the mobile app being deemed MFA
    • Ad Refresh Rate: Number of ad impressions observed per device per hour
    • Age:  Age of the app on the App Store
    • IVT: IVT% of the app across regions
    • Popularity: Pixalate’s popularity score for the app
    • Reviews: Number of Reviews

Website MFA Risk Definition and Criteria

  • MFA Risk: Pixalate’s assessment of the risk (High, Med or Low) of the website being deemed MFA
    • Ad Density Rate: Number of ad placements observed per device, per minute
    • Ad Refresh Rate: Number of ad impressions observed per device, per minute
    • Paid Traffic Rate: Volume of traffic sourced via paid (ad) sources
    • Social Traffic Rate: Volume of traffic sourced via social media

Examples of Made for Advertising in Websites, CTV and Mobile Apps: 

MFA Mobile App Example: MFA observed by Pixalate in mobile app shows ads blocking the apps’ content, promoting unqualified clicks from users therefore impeding the implied app functionality.

MFA CTV App Example: Pixalate observed a MFA CTV app presenting small thumbnail-sized video ads instead of full-screen ads. The videos run back-to-back, muted, and constantly in a corner of the screen overlaid on the intended CTV content.

MFA Website Example: The example MFA website met Pixalate’s criteria for MFA based on the number of ad placements, ad refresh rate, and traffic source types.

MFA Detection and Real-time Blocking:

  • MFA Blocking Technology: Distinct Data Feeds for MFA mobile apps, CTV apps, and websites
    • Segmented by medium- and high-risk
    • Available via API or FTP for high performance and low latency
  • MFA Risk Assessment in the Media Ratings Terminal: Pixalate’s ad supply chain intelligence tool, the Media Ratings Terminal (MRT), now includes MFA risk assessments
  • MFA Reports in Analytics Dashboard: Pixalate’s post-bid analytics dashboard will provide clients insight into the impact of MFA websites and apps on their first-party traffic
  • MFA insights via APIs: The Enrichment API within Pixalate’s self-service Ad Trust and Safety API suite now includes MFA insights associated with the websites, mobile and CTV apps. Insights include the overall MFA Risk rating and the details impacting MFA risk such as Ad Density, Ad Refresh Rate, App Age, Paid Traffic, etc.

Visit Pixalate’s blog to learn more about Pixalate’s MFA capabilities.

About Pixalate

Pixalate is a global market-leading ad fraud protection, privacy, and compliance analytics platform. Pixalate works 24/7 to guard your reputation and grow your media value by offering the only system of coordinated solutions across display, app, video, and CTV for the detection and elimination of ad fraud. Pixalate is an MRC-accredited service for the detection and filtration of sophisticated invalid traffic (SIVT) across desktop and mobile web, mobile in-app, and CTV advertising.

DISCLAIMER

The content of this press release, and Pixalate’s Made for Advertising Risk solutions (the “Services“) reflect Pixalate’s opinions with respect to factors that Pixalate believes can be useful to the digital media industry. Any data shared in this press release and/or the Services is grounded in Pixalate’s proprietary technology and analytics, which Pixalate is continuously evaluating and updating. Pixalate’s opinions are just that, opinions, which means that they are neither facts nor guarantees. Pixalate is sharing this data not to impugn the standing or reputation of any entity, person, website, or app, but, instead, to report findings and trends pertaining to programmatic advertising activity in the time period studied.

Attachment

Emily Rollman
Pixalate Inc.
[email protected]

GlobeNewswire Distribution ID 8983391

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eXp Luxury Soars Past 1,100 Members, Fueling Global Growth

Company Expects Additional Global Markets to Launch by Q1 2024

eXp Luxury Soars Past 1,100 Members, Fueling Global Growth

Company Expects Additional Global Markets to Launch by Q1 2024

BELLINGHAM, Wash., Nov. 21, 2023 (GLOBE NEWSWIRE) — eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced eXp Luxury, its forward-thinking luxury real estate program, has surpassed 1,100 members throughout the United States, Puerto Rico and Canada, with additional countries expected to launch by the first quarter of 2024.

eXp Luxury leverages eXp Realty’s exclusive resources and innovative technology. It first launched in the U.S. in October 2022, quickly growing to 700 members in less than a year. The Canadian launch followed in September 2023 and Puerto Rico this month. The program is expected to expand into the United Kingdom, South Africa, Portugal, Australia and New Zealand by the first quarter of 2024.

“Our agents’ strong desire to access the exclusive eXp Luxury community, its world-class resources and support has been instrumental in driving its global expansion,” stated Michael Valdes, Chief Growth Officer of eXp Realty. “With over 1,100 members currently on board, our global presence continues to grow. We take pride in the rapid growth of eXp Luxury and eagerly anticipate offering more agents the opportunity to join our expert community, as we bring the future of luxury real estate to new, exciting markets.”

For more about the eXp Luxury program, visit expluxury.com.

About eXp World Holdings, Inc.
eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises.

eXp Realty is the largest independent real estate company in the world with more than 89,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall Company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by Virbela, an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.

For more information, visit https://expworldholdings.com.

Safe Harbor Statement

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. These statements include, but are not limited to, statements about the continued growth of our agent and broker base; expansion of our residential real estate brokerage business into foreign markets; revenue growth; and financial performance. Such forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to revise or update them. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:
eXp World Holdings, Inc.
mediarelations@expworldholdings.com

Investor Relations Contact:
Denise Garcia
[email protected]

An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3de7127b-a405-434a-b5a5-81e17d7be12d

GlobeNewswire Distribution ID 8983238

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Mboma to return to the sprint track: Botha


Athletics coach Henk Botha has expressed his excitement over Namibia’s Olympic Games silver medallist, Christine Mboma, returning to the athletics track in April next year.

Earlier this year, Mboma was banned from competing in athletics events by World Athletics due to high testosterone levels.

The sport’s governing body announced that female athletes with differences in sexual development, resulting in high naturally occurring levels of testosterone, would need to reduce their blood testosterone to below 2.5 nanomoles per litre (nmol/l) for a minimum of 24 months to compete competitively once again.

However, Botha revealed that World Athletics has granted approval for Mboma to compete in the 100 metre (m) and 200m events, but not in the 400m, 800m and 1 500m.

‘Christine (Mboma) has received approval from World Athletics to resume competing in the 100m and 200m events. This follows the completion of treatment to lower her testosterone levels to the prescribed limit of 2.5,’ he said.

Botha said he was lo
oking forward to Namibia’s female Olympic medallist making her return to the track in April 2024.

‘We got the news from World Athletics a month ago, and she is ready to compete once more. The main thing is it was difficult to train without knowing what you are training for, but with this announcement, we are currently busy with power sessions and gym sessions which we are using as part of her early preseason,’ Botha said.

The coach stated that in January 2024, they plan to start with serious training sessions involving a lot of track and endurance work.

‘Christine and I see this as an opportunity to show the world that we can make a difference and be a powerhouse in athletics even though this will be a steep challenge. We are looking forward to making all Namibians proud once more,’ he said.

Source: The Namibian Press Agency

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Shigwedha stresses global collaboration on climate change


Nine days ahead of the 28th United Nations Climate Change Conference (COP 28) in Dubai, Anna Shigwedha, Deputy Minister of Agriculture, Water and Land Reform, emphasised the importance for joint efforts to address the challenges of climate change.

‘We are in a climate crisis that has largely been caused by more industrialised economies,’ Shigwedha said in a keynote address delivered at the SASSCAL Climate Change Dialogue Namibia Conference in Windhoek on Tuesday.

‘It is an important time in the history of Africa as the world is getting ready to compensate Africa through climate change laws and a damage fund,’ Shigwedha asserted. The SASSCAL conference serves as a platform for government ministries, experts and other key stakeholders to deliberate on climate issues critical to national climate change policies.

The deputy minister’s address touched upon the necessity of sustaining institutions like SASSCAL, the Southern African Sciences Service Centre for Climate Change and Adaptive Land Management, and the
importance of regional collaboration.

Shigwedha acknowledged Namibia’s commitment to the cause through the signing and ratification of the SASSCAL treaty, and urged other member states to follow suit. She emphasised the need for SASSCAL to expand its membership beyond the current states of Angola, Botswana, South Africa, Zambia, Germany and Namibia, recognising that climate change knows no borders.

Looking ahead, Shigwedha revealed details regarding the construction of the SASSCAL headquarters.

‘The construction is expected to commence at the end of this quarter or 2024,’ she said. The government is funding the project with N.dollars 36 million.

In addition, the deputy minister championed the advancement into renewable energy, particularly through green hydrogen initiatives.

‘As a part of the joint communiqué between Namibia and Germany SASSCAL is overseeing the establishment of the first green hydrogen village in Africa, Daures Green Hydrogen Village,’ said Shigwedha, calling the construction of the vil
lage ‘a milestone’.

Source: The Namibian Press Agency

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Geingob pleased with ninth Hage Geingob Cup


President Hage Geingob has gratefully acknowledged the successful conclusion of the ninth edition of the Dr Hage Geingob Football Cup that took place over the weekend.

Geingob on his Facebook page on Wednesday noted that the ‘incredible and passionate’ fans turned out in tens of thousands at Independence Stadium to watch the Namibian Legends battle it out against the South African Legends, plus the main game which saw Eeshoke Chula Chula Football Club (FC) beat African Stars FC a goal to nil in a high-quality and entertaining game of football.

‘The ninth edition of the Hage Geingob Cup showed that Namibians will rally behind their favourite football clubs and the national team when football is organised in an orderly, consistent, and inclusive manner through the relevant structures,’ said Geingob.

President Geingob further thanked the Dr Hage Geingob Cup organising committee and the sponsors, who ensured that Namibians turned out in the overwhelming numbers to support the cup.

‘MTC, Bank Windhoek and Nam
ibia Breweries, for their support and commitment to the Hage Geingob Cup, have made a lasting impact in the community and the sports fraternity by nurturing talent and providing a platform for Namibians to celebrate together,’ he said.

Geingob added that the media plays an important role in the dissemination of information and entertainment and thanked all the media houses that have embraced this event over the years and also ensured that information reaches many audiences for the purpose of entertainment and the projection of the values of inclusivity the cup embodies.

Galz and Goals defeated Ongos FC 1-0 in the Dr Hage Geingob Cup second match on Saturday.

Source: The Namibian Press Agency