Mountaingate Capital (“Mountaingate”), a Denver-based private equity firm investing behind founder, owner-entrepreneurs to rapidly scale companies in the marketing services, business services, specialty distribution and specialty manufacturing sectors, is pleased to announce Brandon Hall’s return to the firm as Vice President and the promotion of Corbin Barnds to Senior Associate. In addition, the firm has added two new high-performing Associates to the team, Trip Renard and Bryce Dietz.
“After a highly successful fundraise earlier this year, we continue to focus on adding, as well as developing, top talent to support our portfolio company management teams in scaling their businesses. We are excited to welcome Brandon back after he started his private equity career with us prior to business school and equally excited to recognize Corbin’s growth and performance over the past three years with his recent promotion. Along with the hiring of Trip and Bryce, these team members will support Mountaingate’s culture of delivering the best private equity partnership for founder, owner-entrepreneurs who are looking to aggressively scale their company” commented Bennett Thompson, Co-Founder and Managing Director.
Brandon Hall returns to Mountaingate as a Vice President. Brandon was formerly an Associate with the firm prior to completing his M.B.A. with high honors at The University of Chicago Booth School of Business. After a Summer internship role at Amazon, he then went on to serve as a Vice President at Incline Equity Partners in Pittsburgh, PA. Brandon began his career as an investment banking analyst with Lazard’s Food & Agriculture Group.
Corbin Barnds joined Mountaingate as an Associate in 2018. Prior to joining the firm, Corbin was an investment banking analyst in the Consumer & Retail group at Bank of America Merrill Lynch where he completed a number of M&A, debt and equity transactions. Corbin graduated with distinction from the University of Kansas with a B.S. in Finance.
Trip Renard joins Mountaingate as an Associate. Prior to Mountaingate, Trip was an investment banking analyst in the Information-Driven Healthcare group at Piper Sandler where he focused on M&A and capital raises. Trip graduated summa cum laude from the University of Denver with a B.S.B.A in Finance, B.S. in Accounting, and minor in Mathematics.
Bryce Dietz Joins Mountaingate as an Associate. Prior to Mountaingate, Bryce was an investment banking analyst at JMP Securities, working across a variety of industries on strategic advisory and capital markets assignments. Prior to JMP, Bryce was an Analyst at The Forbes M+A Group where he focused on business services and technology mergers and acquisitions. Bryce graduated magna cum laude with a B.S. in Business Administration with a focus in Finance and a Minor in Spanish from California Lutheran University.
About Mountaingate Capital
Mountaingate Capital is a private equity firm based in Denver that specializes in building and empowering companies with strong growth potential and engaged leadership teams. Mountaingate has been honored for three consecutive years as one of the most founder friendly private equity firms by Inc. Magazine. Mountaingate’s focus on organic growth coupled with its proven customer-centric buy-and-build approach and shared equity ownership with management creates more value for the end customer, while forging stronger, more collaborative, and more successful partnerships with management teams. Mountaingate targets investments in new platform companies with $5 million to $25 million of EBITDA, as well as add-on acquisitions of any size. For more information on Mountaingate, please visit www.mountaingate.com.
Leading benefits insurance solution Benelinx today announced its integration with Ease HR and benefits software. Now, brokers and employers can fully manage sales, renewals and enrollment in Benelinx’s secure digital environment.
Built on Salesforce, Benelinx offers unmatched security and cutting-edge database technology, enabling information to flow seamlessly between Ease and Benelinx. Brokers can expect a significantly shorter timeframe for building open enrollment windows through reduced data entry, fewer errors and increased detail on plan design.
“Ease represents the first of many integrations within our solution,” said Benelinx CEO & founder Rachel Zeman. “We’re committed to building a better way for the industry to do business and our partnership with Ease marks a critical step towards achieving that goal.”
Benelinx is transforming the benefits insurance experience through its brilliantly bundled software, which automates Customer Relationship Management (CRM), Agency Management (AMS), and Configure Price Quote (CPQ) in a single solution.
Benelinx users have reported a 50 percent increase in productivity, 60 percent reduction in service inquiries and up to $50,000 in misplaced revenue recovered.
Unlike other products on the market, Benelinx offers full-service training and implementation that’s tailored to each client’s specific needs.
Key features include email integration, stewardship reporting, policy conversion, turnkey market proposals, custom benefits booklets and client self-service portals.
To learn more about Benelinx or request a personalized demonstration, visit benelinx.com.
About Benelinx Built on Salesforce for cutting-edge security and database technology, Benelinx is a brilliantly bundled software solution for employee benefits insurance. Designed for retail brokers, wholesale brokers, GAs, MGAs and PEOs, Benelinx offers Customer Relationship Management (CRM), Agency Management (AMS), and Configure Price Quote (CPQ) in a single, secure environment that can be seamlessly integrated with any agency’s existing systems. Visit benelinx.com for more information.
About Ease Ease is an online benefits enrollment system built for insurance brokers and employers. Ease makes it simple to set up and manage benefits, onboard new hires, stay compliant, and offer employees one destination for all their human resources information. Started in 2012 in San Francisco by employee benefits veteran David Reid and web and engineering architect Courtney Guertin, Ease works with insurance brokers and small businesses to create seamless HR and benefits processes on an easy-to-use system. Ease has offices in Las Vegas, New York, Omaha and San Diego. In 2015, Ease was launched on the West Coast and is among the most widely adopted, fastest growing solutions for brokers and employers in the area, with over 75,000 employers and over 2.5 million employees. For more information, head to http://www.ease.com.
DesignRush issued the third quarterly list of top app design and development companies that provide specialized services, including app design and development, iOS and Android development, app consulting and more.
In Q3 of 2021, users spent $34 billion on apps and games, which is a 20% increase year-over-year. As the demand continues to grow, an increasing number of businesses are looking to capitalize on this engaged market and get into the app business.
DesignRush, a B2B marketplace connecting brands with agencies, has released its third quarterly list of the top app design & development experts to work with in 2021.
These companies and agencies specialize in various technologies and services, including:
The top-ranking app design and development companies in the third quarter of 2021 are:
Aalpha Information Systems – aalpha.net
Applify Tech – applify.co
Beezer – beezer.com
Biz4Solutions – biz4solutions.com
Borne Agency – borneagency.com
Cloud Solutions – cloudsltns.com
Code Inspiration – codeinspiration.pro
CognitiveClouds – cognitiveclouds.com
Evolution Labs – theevolutionlabs.com
Exaud – exaud.com
GTM Plus – gtm-plus.com
Infosparkles IT Solutions – infosparkles.com
Inkyy – inkyy.com
KitelyTech – kitelytech.com
Lava X Technologies – lavax.co
MobMaxime – mobmaxime.com
On The Spot Development – onthespotdev.com
Rootstack – rootstack.com
SAM WEB STUDIO – samwebstudio.com
Skookum Films – skookum-films.com
Suria International Service – suriainternational.com
Tribe Global – tribeglobal.net
Uptech – uptech.team
ValueCoders – valuecoders.com
Brands can explore the top app design and development companies by location, size, average hourly rate and portfolio on DesignRush.
About DesignRush:
DesignRush.com is a B2B marketplace connecting brands with agencies through expert reviews and agency ranking lists, awards, knowledge resources and personalized agency recommendations for vetted projects.
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, WITHIN OR INTO THE UNITED STATES, THE UNITED KINGDOM, CANADA, JAPAN, AUSTRALIA, HONG KONG, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE CONTRAVENING TO ANY APPLICABLE RULES. ADDITIONAL RESTRICTIONS ARE APPLICABLE, PLEASE SEE “IMPORTANT INFORMATION” IN THE END OF THIS PRESS RELEASE. Smart Eye Aktiebolag (publ) (“Smart Eye” or the “Company”) has today entered into an agreement with the shareholders of iMotions A/S (“iMotions”) to acquire 100 percent of the shares in iMotions (the “Acquisition”) for a consideration corresponding to an enterprise value of iMotions of SEK 400 million based on iMotions’ financial position as of 31 December 2020 (the “Consideration”), excluding a potential earn-out consideration of SEK 50 million. iMotions is a provider of multimodal software for human behavior research with offices in Copenhagen, Boston, Singapore and Berlin. Approximately SEK 200 million will be paid in 1,019,493 newly issued shares in Smart Eye (the “Consideration Shares”) and the remainder will be paid in cash. Smart Eye’s Board of Directors will resolve to issue the Consideration Shares based on an authorization expected to be resolved on by an extraordinary general meeting planned to be held on 12 November 2021 (the “EGM”). Smart Eye’s Board of Directors also intends to explore the conditions to carry out a new share issue of approximately SEK 200 million directed to Swedish and international institutional investors through an accelerated bookbuilding procedure conducted by Carnegie Investment Bank AB (publ) (the “Directed Share Issue”).
The Acquisition in Brief
The Consideration for 100 percent of the shares in iMotions based on iMotions’ financial position as of 31 December 2020 corresponds to an enterprise value of iMotions of SEK 400 million.
Approximately SEK 200 million will be paid in 1,019,493 new Smart Eye shares, all of which are to be issued upon closing of the Acquisition.
The remaining consideration of approximately SEK 200 million will be paid in cash upon closing of the Acquisition.
Combining Smart Eye’s advanced eye tracking and emotion AI technologies with iMotions’ innovative, multiple-sensor data collection and analytics software to create a powerhouse in human behavioral research and analysis offering an end-to-end, multi-modal approach to analyzing complex human behaviors and delivering holistic human insights.
Incorporating iMotions’ software solution will enhance and future-proof Smart Eye’s offering in the automotive sector by providing a platform that combines multiple sensor modalities to offer better insights.
The Acquisition will also expand Smart Eye’s offering within Research Instruments into the multimodal research market.
iMotions’ revenue reached approximately SEK 95 million during the twelve-month period ending 30 September 2021, with gross and EBITDA margins of 71 and 11 percent, respectively[1].
Smart Eye’s Board of Directors intends to explore the conditions to carry out a new issue of shares in Smart Eye of approximately SEK 200 million through an accelerated bookbuilding procedure conducted by Carnegie Investment Bank AB (publ), which intends to be directed to Swedish and international institutional investors.
The Directed Share Issue is intended to partly be based on the share issue authorization from the annual general meeting held on 14 April 2021, and partly by way of the Board of Directors resolving on the remainder of the shares to be issued following approval by the EGM expected to be held on 12 November 2021.
Mats and Martin Krantz as well as Anders and Linda Jöfelt, who together hold approximately 17 percent of the shares in Smart Eye have undertaken to vote in favor of the resolution to approve the part of the Directed Share Issue that is subject to the EGM’s approval at the EGM. In addition, large shareholders who jointly hold approximately 25 percent of the shares in Smart Eye have expressed their intention to vote in favor of the resolution at the EGM.
The final outcome of the Directed Share Issue will be announced before the commencement of trading on Nasdaq First North Growth Market on 27 October 2021.
Notice to the EGM, expected to be held on 12 November 2021, to authorize the Board Of Directors to resolve to issue the Consideration Shares to be paid on closing of the Acquisition will be published in a separate press release.
Closing of the Acquisition is expected to take place before the end of November 2021.
In the coming decade, we are going to see an expansion of human behavioral research utilizing multimodal approaches, and the addition of iMotions and its multi-sensor integration software gives us the tools to unlock increased value for Smart Eye’s customers, particularly in the automotive industry. The future is multimodal with technological advances likely to make it easier, faster and more cost-effective to understand what’s driving human behavior and decision making. With iMotions, we’re adding multimodal analysis software to our advanced eye tracking and facial expression analysis platform.
Martin Krantz, CEO and Founder of Smart Eye
Smart Eye and iMotions have shared visions for eye tracking and multimodal research for many years. In Smart Eye we have the ideal partner to further invest in the vision to accelerate human behavior insights, driving transformation that will fuel our customers’ successes across commercial industries, as well as for academic researchers. Together, we will work on long-term strategies that will benefit our partners and open the best opportunities for our employees. It’s going to be exciting to collaborate closer based on our shared values and culture.
Peter Hartzbech, CEO and Founder of iMotions
Background and Reasons
With its strong position in the field of Human Insight AI, Smart Eye will couple its advanced eye tracking and Emotion AI technologies with iMotions’ innovative, multiple-sensor data collection and analytics software to create a powerhouse in human behavioral research and analysis, an end-to-end, multimodal approach to analyzing complex human behaviors and delivering holistic human insights.
iMotions has more than 15 years of experience developing and delivering a solution that in real-time integrates data streams from more than 50 biosensors, as well as other explicit measures, into a single research platform that provides a deeper, more comprehensive understanding of human behavior.
With iMotions, research teams are able to expand beyond single technology analysis and streamline data from multiple modalities such as eye-tracking, facial expression analysis, sweat gland activity, brain activity, heart rate, field surveys, focus groups and more. Integration with Smart Eye’s eye-tracking and facial expression analysis will power iMotions’ product innovation that makes nonconscious human behavioral research more accessible, scalable, and insightful.
Incorporating iMotions’ software solution will enhance and future-proof Smart Eye’s offering in the automotive sector by providing a platform that combines multiple sensor modalities to offer better insights. In the evolving Interior Sensing market, cameras and sensors are turned inward to understand what is happening inside a vehicle, where advanced AI, computer vision and other sensing modalities are applied to measure the state of the driver, the cabin and its occupants. To further understand what is happening in a vehicle, and specifically to understand complex human behavior in challenging environments, a multimodal approach will be required, synchronizing high-quality multiple sensor data and providing integrated analytics for holistic insights. The acquisition of iMotions, and integration of iMotions’ technology into Smart Eye’s Interior Sensing solution, will improve the ability to understand what is happening inside a vehicle and translate data into actionable insights.
iMotions brings more than 1,300 customers worldwide across academia and commercial verticals, including 55 of the World’s Top 100 universities, according to QS World University Ranking. For iMotions, Smart Eye provides an entry point into Asia-Pacific markets. Following the Acquisition, iMotions will be a wholly owned subsidiary of Smart Eye and continue to be independently operated.
Consideration
The Consideration for 100 percent of the shares in iMotions corresponds to an enterprise value of iMotions of SEK 400 million, based on iMotions’ financial position as of 31 December 2020. The Consideration consists of the Consideration Shares and a cash payment.
The value of the Consideration Shares amounts to approximately SEK 200 million. The price per Consideration Share is based on Smart Eye’s volume weighted average price (“VWAP”) on Nasdaq First North Growth Market for the trading days since 9 August 2021 excluding today’s trading, equal to SEK 197.3931 per share.
The Consideration Shares is planned to be paid through an initial issuance of 1,019,493 shares upon closing of the Acquisition. A maximum of SEK 50m in earn-out cash consideration dependent on iMotions meeting pre-determined targets on gross profit and EBITDA before capitalization of development costs for 2021 and 2022. Up to 25 percent of the earn-out cash consideration is dependent on meeting the 2021 targets and up to 75 percent of the earn-out cash consideration is dependent on meeting the 2022 targets.
The issue of the Consideration Shares is subject to the EGM granting the Board of Directors an issue authorization to issue the Consideration Shares and the Board of Directors utilizing such authorization. The notice to the EGM will be announced in separate press release and is expected to be held on 12 November 2021.
The Directed Share Issue
To fund the cash component of the Consideration, Smart Eye’s Board of Directors intends to explore the conditions to carry out a directed new share issue of approximately SEK 200 million. The Directed Share issue is intended to partly be based on the share issue authorization from the annual general meeting held on 14 April 2021, and partly by way of the Board of Directors resolving on the remainder of the shares to be issued following approval by the EGM expected to be held on 12 November 2021.
The Directed Share Issue will be carried out through an accelerated bookbuilding procedure conducted by Carnegie Investment Bank AB (publ). The bookbuilding procedure will commence immediately following the announcement of this press release. Pricing and allocation of the new shares are expected to take place before the trading on Nasdaq First North Growth Market commences at 09:00 CEST on 27 October 2021. The timing of the closing of the bookbuilding procedure, the pricing and the allocation of shares are at the discretion of the Company. The Company may also at any time decide to suspend, shorten or extend as well as to refrain in whole or in part from carrying out the Directed Share Issue. The Company will announce the outcome of the Directed Share Issue in a press release after the closing of the bookbuilding procedure.
The reasons for deviating from the shareholders’ preferential right are to, in a time- and cost-effective manner raise necessary capital to carry out the acquisition of iMotions. Thus, Smart Eye’s Board of Directors assess that the reason to carry out the Directed Share issue with deviation from the shareholders’ preferential rights overweighs the principal rule that new share issues shall be carried out with preferential rights for existing shareholders and that a share issue with deviation from the shareholders’ preferential rights is most favorable for Smart Eye and its shareholders. As the subscription price in the Directed Share Issue will be determined through a bookbuilding procedure, it is the Board of Directors’ assessment that the subscription price will reflect current market conditions and demand.
Lock-up
In connection with the Directed Share Issue, the Company’s CEO and Founder, Martin Krantz, Board Member and Founder, Mats Krantz, and Chairman of the Board, Anders Jöfelt, have entered into a 720 days lock-up for 50 percent of their holdings in Smart Eye and 360 days lock-up for 50 percent of their holdings after the settlement date of the Directed Share Issue. The Company’s CFO, Anders Lyrheden, CTO, Martin Rydberg, and the other members of the Board of Directors have entered into 180 days lock-up after the settlement date of the Directed Share Issue. Furthermore, the Company has agreed to a commitment, with customary exceptions, not to carry out any additional issuances for a period of 180 calendar days after the settlement date of the Directed Share Issue.
The selling shareholders of iMotions have agreed to lock-up undertakings of 12 months for 50 percent of the Consideration Shares and 24 months for 50 percent of the Consideration Shares.
Advisers
Carnegie Investment Bank AB (publ) is acting as financial adviser to Smart Eye in relation to the Acquisition and Sole Global Coordinator and Bookrunner in the Directed Share Issue. Advokatfirman Vinge is acting as legal advisers to Smart Eye. Deloitte has acted as due diligence adviser to Smart Eye in relation to the Acquisition.
For further information, please contact Martin Krantz, CEO Smart Eye Aktiebolag Phone: +46 70-329 26 98 Email: martin.krantz@smarteye.se
About Smart Eye Smart Eye is the global leader in Human Insight AI, technology that understands, supports and predicts human behavior in complex environments. We bridge the gap between humans and machines for a safe and sustainable future. Today, our technology is embedded in next-generation vehicles, leading the way towards human-centric mobility through Driver Monitoring Systems and Interior Sensing solutions. Our Research Instruments offer unparalleled insights into Automotive, Aviation & Aerospace, Assistive Technology, Media & Marketing, Psychology and many more fields. Our subsidiary Affectiva is pioneering Emotion AI, connecting machine logic with human empathy to gain a deeper understanding of how consumers engage with content and products. Smart Eye was founded in 1999 and is headquartered in Sweden with offices in the US, UK, Germany, Egypt, Japan and China. A publicly traded company since 2016, our customers include NASA, Nissan, Boeing, Honeywell, Volvo, GM, BMW, Geely, Harvard University, 70% of the world’s largest advertisers and 28% of the Fortune Global 500 companies. Visit www.smarteye.ai for more information.
Smart Eye is listed on Nasdaq First North Growth Market. Erik Penser is Certified Adviser and can be reached at +46-8-463 8000 or certifieradviser@penser.se.
About iMotions Founded in 2005 and headquartered in Copenhagen with offices in Boston, Singapore and Berlin, iMotions has successfully developed the world’s leading human behavior software solution. The software combines data from +50 sensors – eye tracking, facial expressions, sweat gland activity, brain activity and more – in one easy-to-use software that uniquely and in real-time tracks, aggregates and analyses nonconscious emotional, cognitive and behavioral data providing research teams a deeper, more comprehensive understanding of human behaviors. More than 1,300 organizations around the world – from leading academic institutions to global brands to highly respected healthcare organizations – use iMotions. Customers include worldwide top tier universities, corporations, agencies, government, and military customer segments. iMotions successfully developed the multimodal research market from the eye tracking research market and is today a global SaaS company and leader in the early-stage niche market for multimodal software for human behavior research as well as a knowledge intensive organization with in-depth neuroscience expertise as part of the global organization. For more information, visit iMotions.com.
IMPORTANT INFORMATION
This announcement is not and does not form a part of any offer for sale of securities. Copies of this announcement are not being made and may not be distributed or sent into the United States, Australia, Canada, Japan, Great Britain, Hong Kong, Singapore, South Africa or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.
The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly may not be sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any securities in the United States or to conduct a public offering of securities in the United States.
This announcement and this offering are only addressed to and directed at persons in member states of the European Economic Area, except for Sweden, (a “Relevant State”) who are “Qualified Investors” within the meaning of Article 2(e) of the Prospectus Regulation. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Qualified Investors. This announcement should not be acted upon or relied upon in any Relevant State by persons who are not Qualified Investors. For the purposes of this provision the expression “Prospectus Regulation” means Regulation (EU) 2017/1129.
In the United Kingdom, this document and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, qualified investors (as defined in the Prospectus Regulation as it forms part of domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018) and who are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). This communication must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.
Forward looking-statements
Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe,” “expect,” “anticipate,” “intends,” “estimate,” “will,” “may,” “continue”, “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.
Information to distributors
Solely for the purposes of the product governance requirements contained within: (a) EU Directive 2014/65/EU on markets in financial instruments, as amended (“MiFID II”); (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures (together, the “MiFID II Product Governance Requirements”), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any “manufacturer” (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the shares in Smart Eye have been subject to a product approval process, which has determined that such shares are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II (the “Target Market Assessment”).
Notwithstanding the Target Market Assessment, Distributors should note that: the price of the shares in Smart Eye may decline and investors could lose all or part of their investment; the shares in Smart Eye offer no guaranteed income and no capital protection; and an investment in the shares in Smart Eye is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the Directed Share Issue.
For the avoidance of doubt, the Target Market Assessment does not constitute: (a) an assessment of suitability or appropriateness for the purposes of MiFID II; or (b) a recommendation to any investor or group of investors to invest in, or purchase, or take any other action whatsoever with respect to the shares in Smart Eye.
Each distributor is responsible for undertaking its own target market assessment in respect of the shares in Smart Eye and determining appropriate distribution channels.
[1] Based on iMotions’ internal consolidated financial statements for the period.
This information is information that Smart Eye is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-10-26 17:35 CEST.
High Temperature (HT) heaters are designed to achieve temperatures higher than 260°C (500°F)
Birk Manufacturing, a leading manufacturer of high-quality flexible heaters and thermal systems, has introduced a High Temperature (HT) Heater. This is a special type of polyimide foil that allows users to achieve high temperatures easily. The foil heaters can achieve higher temperatures than the company’s existing line of Kapton polyimide heaters.
The new High Temperature (HT) Heaters:
Are suited for temperatures required to achieve up to 300°C
Assure even heat distribution and exceptionally fast heat-up and cool down times
Are suited for complex two-dimensional applications
Assure superior heat transfer through heat sinks
Enable easy integration into assemblies such as heat sinks, sensors, probes, and so on
“We understand the thermal challenges faced by our clients in high-temperature applications. This has inspired us to develop High Temperature (HT) heaters. This product fits within our core competences as it has many similarities to our current Kapton polyimide-heaters. Birk’s HT heaters will allow our customers to achieve low mass, high watt densities and reach higher operating temperatures,” said Michael Mattox, CEO, Birk Manufacturing Inc.
Birk Manufacturing’s High Temperature (HT) Heaters can be:
Designed in custom shapes, sizes, and watt densities
Designed with multiple heating zones to ensure uniform heat distribution
Temperature sensor integration can be designed in for product control
Operated in high-vacuum environments
Heaters utilize a unique “all-polyimide” design which eliminates the need for a dielectric/adhesive composite
Birk Manufacturing is an S-Corp and an AS9100, ISO 13485/9001, and ITAR–accredited company that was established in 1989. It is headquartered in East Lyme, Connecticut. The company serves clients across medical, semiconductor, defense, aerospace, transportation, and security industries by delivering energy-efficient and high-quality thermal management and custom turnkey solutions. Birk provides customized heaters that are fully integrated with temperature fuses, sensors, and connectors and then bonded or vulcanized to machined parts.
Charlottetown’s premier Honda dealership, Capital Honda, which recently added the 2022 Honda Civic Sedan to its showroom lineup, is now offering the best-seller at 1.99% APR for 24 Months till Nov. 1, 2021.
Prince Edward Island sedan buyers looking to finance the new 2022 Honda Civic Sedan can now look forward to doing so at a low annual percentage rate (APR) at their preferred Capital Honda dealership in Charlottetown.
The capital’s leading Honda dealership is currently offering the 2022 Honda Civic Sedan financing at just 1.99% APR* for a tenure of 24 months till Nov. 1, 2021. Capital Honda invites interested parties to apply for online credit pre-approval and check their eligibility to own their favorite latest Honda Civic Sedan before the financing offer ends.
The online credit pre-approval process at Capital Honda is hassle-free and straightforward and involves submitting an online application. Interested customers who want to apply for financing need to submit their contact information*, employment details, and details about the vehicle that they would like to finance. Once the loan amount is pre-approved, the eligible customers can avail of the 1.99% APR* financing offer.
The 1.99% APR* is available on all the 2022 Honda Civic Sedan LX and EX trims currently available at Capital Honda.
The 2022 Honda Civic Sedan LX MSRP starts at $24,465, while the EX trim has a starting MSRP of $26,765. Both the trims are powered by a 2.0L, 16-valve, port injection, DOHC, i-VTEC® 4-cylinder engine that produces 158 horsepower and 138 pound-feet of torque.
Customers interested in financing the 2022 Honda Civic at Capital Honda can visit the dealership’s website at http://www.capitalhonda.com for more details about the financing offer. Applicants may also make appropriate inquires via call or text at 902-566-1101 or visit the Capital Honda showroom located at 40 Lower Malpeque Road.
*Capital Honda may collect personally identifiable information such as name, postal address, telephone number, e-mail address, social security number, and date of birth with the online credit pre-approval. The personal information is collected and used by Capital Honda Credit Application staff to facilitate a relationship or business transaction. The customer data is encrypted and secured on Capital Honda’s website, which resides on SSL (Secure Sockets Layer), the industry-standard security protocol used to communicate with browsers to transmit personal information.
Commercial and Residential Lots Sold Individually and in Packages
Max Spann Real Estate and Auction Co. is auctioning 200+/- commercial and residential lots throughout Vernon Township, Sussex County, New Jersey in an Online Auction concluding Thursday, November 18, 2021.
This is the second auction for the Township and includes various sized lots from 32 acres to small cluster packages. Vernon Township offers state parks, ski mountains, lakes, and the Appalachian Trail.
“As Mayor of Vernon, and on behalf of my municipal governing partners, the Vernon Town Council, I want to congratulate in advance those who will take advantage of this opportunity to purchase some of the 200 plus commercial and residential properties that are a part of this auction. Vernon Township is an outstanding place to live and raise a family, as well as an outstanding place for a business to locate and prosper,” said Howard Burrell, Mayor of Vernon Township.
The Real Estate Auction is comprised of commercial and residential lots. A full list is available at www.maxspann.com along with a map of all the properties up for auction. Select your favorites and bid your price.
Whether an investor, a builder, or an adjoining property owner wishing to enlarge their lot, this auction has many options,” said Max Spann Jr, President of Max Spann Real Estate & Auction Co.
Call 888-299-1438 or visit www.maxspann.com for the complete List of Properties and register for the Property Information Package. For more information about this and other Max Spann’s auctions, visit www.maxspann.com, or follow Max Spann on Facebook and Twitter/MaxSpann.
Max Spann Jr. Max Spann Real Estate & Auction Co 908-735-9191 Visit us on social media: Facebook Twitter LinkedIn
Prospective buyers in the Texas area can buy their next used vehicle for a reasonable price from Kyle Chapman Motors
Kyle Chapman Motors is a used car dealership that has been serving customers since 1959. Apart from a seamless buying experience, the dealership undertakes a thorough inspection of the vehicle before including it in the inventory. Additionally, the dealership offers pre-owned vehicles that are reasonably priced.
Prospective customers in the Austin, Buda, and San Marcos areas can head out to a Kyle Chapman Motors franchise to buy their next vehicle. The dealership’s new used vehicles inventory includes automobiles from a host of brands at below $18,000. They have the 2016 Chevrolet Impala, 2013 Ford Escape, 2015 Ford Fiesta, 2017 Ford Focus, 2011 Honda CR-V, 2015 Jeep Compass Sport, 2016 Kia Forte, 2013 Kia Rio, 2012 Kia Sedona, 2013 Kia Sportage, 2011 Nissan Jukes and 2011 Toyota Corolla, among others.
Those interested in learning more about the new inventory of used cars of Kyle Motors can visit the dealership’s website at https://www.kylechapmanmotors.com/ or call the dealership at 512-782-0111. The Kyle Motors dealership is located at 5324 Airport Blvd, Austin, TX 78751. The dealership is open Monday through Friday from 8.30 a.m. to 6 p.m. On Saturday, it is open from 8.30 a.m. to 5 p.m. The dealership is closed on Sundays.
Trade Algo offers market data API distribution and management solutions for financial services, and today announced Trade Algo Enterprise algorithms, a complete set of real-time cloud technologies for managing market data.
With Trade Algo Enterprise, the algorithms run on a cloud-based analytics architecture, which currently supports approximately 250 data sources covering nearly a 1.3million listings. Retail investors and financial institutions now have access to similar style algorithms as Blackrock, Jane Street, and Goldman Sachs.
Trade Algo’s algorithms are built exclusively for the cloud, rather than trying to “lift and shift” their monolithic platforms.
Trade Algo’s Enterprise algorithms are vendor-independent and can be applied to any data set, including proprietary data or data licensed from vendors such as FactSet, Bloomberg, Morningstar, Forbes, and several others.
VP of Engineering Bob Smith said, “We are thrilled to launch Trade Algo Enterprise algorithms, which we believe will revolutionize market data and analytics.”
“Over 80 years of the collective experience and nonstop innovation have led us to the point where we are able to license enterprise-level real-time algorithms to retail investors. The cloud architecture we have created is similar to that used by some of the world’s largest financial institutions, but we have scaled it up to meet the needs of individual investors by integrating and optimizing it in an efficient and cost-effective way.
Investors no longer need to be second fiddle to hedge funds – instead, they can use our algorithms and real-time data to secure the same benefits enjoyed by institutions for generations.
We are a leading vendor offering users a set of market data management algorithms they can combine and match to create a comprehensive, infinitely scalable cloud-based trading solution that meets their analytics needs. “These new offerings are crucial to the future of market data, and we are delighted to once again play a key role in the analytics services industry’s continued digital disruption of legacy products.”
About Trade Algo
Trade Algo simplifies investing analytics. With its AWS-based financial data distribution and market data algorithm solutions, it is a recognized leader in disrupting the financial market data category. Trade Algo’s Market Data Cloud platform allows retail and institutional investors full visibility into complex algorithms used by advanced quants. With more than 250+ Cloud APIs, it offers real-time, delayed, and historical pricing data for financial data-driven robo-advisors, online media sites, and retail investors.
SMi Group reports: US DOD can attend Counter UAS Technology for FREE.
With just seven weeks remaining until Counter UAS Technology conference SMi would like to invite US DOD to attend this event for free! Interested US DOD parties can register for free at: http://www.counter-uas-tech.com/PR7EIN
Taking place on 6th to 7th December 2021 in Arlington USA. The 2021 conference will showcase the latest technology in the market to ensure that DoD personnel, equipment, and infrastructure from the proliferation of hostile drones.
Attendees will get the opportunity to meet and Network with international speakers from NATO and aligned nations to discover how they are defending their defence networks from drone attacks.
With the establishment of the US DoD Joint Counter-Small Unmanned Aircraft Systems Office, (JCO) there is now a drive across the US Armed Forces to have a comprehensive and centralised approach to tackling the ever-evolving drone threat facing the nation. With this in mind, there will be a keynote welcoming address on “Developing and Implementing a force-Wide framework for Counter-Small UAS Technology” on day one presented by Ms Nicole Thomas, Division Chief For Strategy And Policy, Joint C-sUAS Office, US DoD.
Key Speakers Include: •Colonel (Retd) Dave Shank, Former Commandant, Army Air Defense Artillery School, Fort Sill, United States Army •Mr Don Kelley, Project Manager, Ground Based Air Defense (GBAD), PEO Land Systems, USMC •Mr Timothy Bennett, Director, Air Domain Awareness, Science & Technology Directorate, Department of Homeland Security •Mr DJ Smith, Technical Surveillance Agent, High Tech Crimes Division/Bureau Of Criminal Investigations, Virginia State Police •Colonel (Retd) Dave Shank, Former Commandant, Army Air Defense Artillery School, Fort Sill, United States Army •Mr Larry Friese Jr, Counter-UAS Red Team Specialist, AISC and Former US DoD Engineer, United States Army •Ms. Nicole Thomas, Division Chief for Strategy And Policy, Joint C-sUAS Office, US DoD •Mr Jeffrey Langhout, Director, Aviation & Missile Center, US Army futures Command •Colonel Loyd beal, Project Manager, Terrestrial Sensors, PEO IEW&S, United States Army •Colonel Scott Anderson, Project Manager for Unmanned Aircraft Systems, PEO Aviation, US Army •Lieutenant Colonel Eric Like, Branch Chief, Cyber Integration & Transition Branch, Information Directorate, US Air force Research Laboratory •Lieutenant Colonel Clifford M. Piernick, Deputy Director, Defensive Base Operations Division, United States Air force •Mr Richard Ast, Deputy Director, Unmanned Systems Technology, Platforms and Weapons Technology Office, Office of the Under Secretary of Defense for Research and Engineering (OUSD R&E)
For Delegate, sponsorship or exhibition queries, contact Justin Predescu on Jpredescu@smi-online.co.uk or call +44 (0)207 827 6130 For media queries please contact Nisha Poyser-Reid at npoyser-reid@smi-online.co.uk –END—
About SMi Group: Established since 1993, the SMi Group is a global event-production company that specializes in Business-to-Business Conferences, Workshops, Masterclasses, and online Communities. We create and deliver events in the Defence, Security, Energy, Utilities, Finance and Pharmaceutical industries. We pride ourselves on having access to the world’s most forward-thinking opinion leaders and visionaries, allowing us to bring our communities together to Learn, Engage, Share and Network. More information can be found at http://www.smi-online.co.uk
Nisha Poyser Reid SMi Group +442078276020 ext. Visit us on social media: Twitter