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Abstract Security Announces General Availability of its AI-Powered Data Streaming Platform for Security

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Welcomes industry expert and former analyst Jon Oltsik to its Advisory Board and continues disrupting the market’s status quo

SAN FRANCISCO, June 20, 2024 /PRNewswire/ — Abstract Security, crafted by category creators who have consistently redefined the cybersecurity landscape, today announced general availability (GA) of its revolutionary platform designed for the future of security operations. Already in use by customers, Abstract’s platform helps security analysts and operations teams navigate the complexities of data pipelines, increase security effectiveness and lower costs.

“Since the inception of Abstract, we’ve been working tirelessly to combat the challenges of security operations today, offering a tool that focuses on the data that matters and ties security back to business value,” said Ryan Clough, co-founder and CPO of Abstract Security. “With the explosion of data over the last few years, customers need a more customizable approach that moves beyond saved searches and dashboards. We’re excited to reach this GA milestone as we bring the future security operations platform to more customers.”

A key feature of Abstract’s platform is the Abstract Security Engineer (ASE), which leverages a combination of AI, expert systems, machine learning, and subject matter expertise and connects to data sources across an organization, delivering instant data and detection capabilities. The security data fabric approach enables:

Advanced analytics and correlation: Abstract’s platform enables customers to surface threats across their enterprise and cloud infrastructure in real-time. It’s powered by out-of-the-box detection content provided by the Abstract research team, which is purpose-built for cloud and SaaS threats.Security pipelines: With data routing, transformation and enrichment that is geared for security telemetry, customers can reduce the volume and cost of log data sent to their SIEM. A single point of collection enables drag-and-drop routing of data to any number of sources, including cloud storage, SIEMs, and data platforms.Optimized storage: 95% of collected log data is not usable for detection. Abstract’s platform intelligently divides hot, warm, and cold storage tiers to automatically optimize storage and compute costs and make the data relevant to security analytics accessible via instant queries.

Since emerging from stealth and announcing its Seed funding earlier this year, Abstract Security has expanded its global footprint, hired an experienced technology leader as CTO, and appointed a long-time industry expert to its Board of Directors. To aid in the continued development of the Abstract Security platform, the team has added visionary and innovator Jon Oltsik to its Advisory Board. With over 35 years of technology industry experience, Jon founded the cybersecurity practice at the Enterprise Strategy Group (ESG) in 2003 and has spent the subsequent 20 years studying cyber threats, cyber-risk management, technical defenses, and CISO strategies. Jon is widely recognized as an expert in all aspects of cybersecurity and is often called upon to help customers understand a CISO’s perspective. Jon is a founding member of the Cybersecurity Canon, a project dedicated to identifying a list of must-read books for all cybersecurity practitioners, and he was named one of the top 100 cybersecurity influencers by Onalytica.

“Defending against cyber-attacks is more difficult today than it’s ever been. With the complexity of infrastructure and sheer volume of data that organizations must manage, today’s security analytics teams are tired of the status quo,” said Jon Oltsik, Advisory Board member of Abstract Security. “Working as an analyst and advisor has given me a unique perspective into the pain points of industry leaders, and that’s why I’m so excited about the unique approach that Abstract Security is taking to solve the problems in the SIEM marketplace, and have the opportunity to support and guide the team as they grow.”

In the past several months, Abstract has also been recognized by notable industry awards including a Global Infosec Award for “Pioneering Cybersecurity Startup” at RSA Conference 2024, and most recently, a 2024 Cybersecurity Excellence Award in both “Best Cybersecurity Startup” and “SIEM” categories. The team’s commitment to crafting an excellent platform for customers, keeping their sights on innovation, and thoughtful leadership won Abstract the award in both categories, beating out more than 600 applicants.

To learn more about Abstract Security’s growing team and accomplishments, visit https://www.abstract.security/our-team or watch this Q&A with Jon Oltsik and CEO Colby DeRodeff. To book a demo, please contact getabstracted@abstract.security.

About Abstract Security
Abstract Security, founded in 2023, has built a revolutionary platform equipped with an AI-powered assistant to better centralize the management of security analytics. Crafted by category creators and industry veterans known for redefining the cybersecurity landscape, Abstract transcends next-gen SIEM solutions by correlating data in real time between data streams. As a result, compliance and security data can be leveraged separately to increase detection effectiveness and lower costs – an approach that does not currently exist in the market.

Co-founders Colby DeRodeff, Ryan Clough, Aaron Shelmire, and Chris Camacho bring a unique set of experiences and backgrounds in product development and company-building expertise, formerly at companies like ArcSight (acq. by HP), Mandiant (acq. by Google), Palo Alto Networks and others. For more information about the company, please visit https://www.abstract.security/ and follow the journey @Get_Abstracted.

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GrayMatters Health Expands Mental Health Solutions Portfolio with Launch of Prism™ Suite

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Innovative Prism™ Platform Now Includes Protocol for Patients with Depression 

NEW YORK, May 15, 2025 /PRNewswire/ — GrayMatters Health (GMH), the pioneers in mental health treatment through digital brain biomarkers, today announced the launch of Prism™ Suite, a comprehensive, next-generation portfolio of solutions designed to empower providers and enhance patient outcomes. Building on the success of the FDA cleared Prism™ for PTSD, the newly expanded suite now includes a Depression protocol, further broadening GMH’s impact on the mental health landscape.

Powered by the world’s first fMRI-informed digital biomarkers, Prism™ is reshaping how providers guide patients on their mental health journey. The latest innovation within the portfolio is a Depression protocol that guides patients to learn to regulate brain activity associated with their depression using a reward-system biomarker.

“It is exciting to see novel interventions that use fMRI-Informed biomarkers to connect to brain systems,” commented Linda Carpenter, MD, Professor of Psychiatry and Human Behavior at Brown University and Director of the Neuromodulation Research Facility at Butler Hospital. “We anticipate that Prism targeting the reward-system biomarker will provide a personalized and effective care option for patients living with depression syndromes characterized by anhedonia.”

In interactive sessions, patients explore mental strategies to increase the level of the reward-system biomarker and get the animated character in the simulation to go out and do an activity. The results of the Depression pilot study, published in Brain Sciences, demonstrated reduction in depressive symptoms in 78% of participants (HDRS) with a large effect size on anhedonia symptoms (SHAPS-C).

“With the addition of the Depression protocol, we’re opening the door for even more patients to benefit from a personalized experience that can become a skill for daily life,” said Oded Kraft, CEO and co-founder of GrayMatters Health. “By harnessing the power of the brain, we’re giving mental healthcare providers tools to guide their patients to meaningful, measurable progress.”

To complement the patient experience, Prism™ Suite also features a robust set of features for providers to monitor patient progress and provide insights as to the patient experience to improve engagement. The Insights tool delivers data-driven analysis of each patient’s performance as well as suggested topics for discussion to guide their Prism experience.

GMH’s revolutionary technology is built on its proprietary EEG-fMRI-Pattern (EFP) digital biomarkers, developed using advanced machine learning to map high-resolution fMRI data from deep brain regions onto EEG signals. The company’s award-winning, FDA-cleared treatment for PTSD is helping patients learn to self-regulate brain activity associated with PTSD using an amygdala-based biomarker at clinics in California, Connecticut, Florida, Georgia, Illinois, Massachusetts, New York, North Dakota, Pennsylvania, Rhode Island, Texas and Washington.

To learn more about Prism™, visit https://www.graymatters-health.com/.

About GrayMatters Health
GrayMatters Health (GMH)  is a mental health technology company developing and marketing an interventional psychiatry suite of solutions powered by digital fMRI-Informed biomarkers. Prism™ self-neuromodulation empowers patients to develop personal mental strategies to regulate brain activity associated with their disorder in the clinic and in their daily lives.

The company is collaborating with leading mental health institutions to research and evaluate Prism for additional psychiatric disorders. GMH’s core patented technology has been extensively researched and featured across peer-reviewed publications, led by Professor Talma Hendler, MD, PhD and her team at Tel Aviv University.

Learn more by visiting our website https://graymatters-health.com and following us on LinkedIn.

Media Contact:
5W Public Relations
GrayMatters@5wpr.com

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SOURCE GrayMatters Health

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JX Luxventure Group Soars with 57% Revenue Surge and Sustained Profitability in FY 2024 Results

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HAIKOU, China, May 15, 2025 /PRNewswire/ — JX Luxventure Group Inc. (Nasdaq: JXG) (the “Company”), a company in the wholesale trade sector specializing in duty-free and cross-border consumer goods, as well as  providing integrated solutions in wholesale trade, including logistics, supply chain management, and technology solutions to support the efficient distribution of tourism-related products, today announced financial results for the fiscal year ended December 31, 2024. 

Financial Highlights for the full year ended December 31, 2024:

Revenue: The Company reported revenue of $49,840,288, an increase of $17,999,700 from $31,840,588 in 2023, representing a significant year-over-year growth of 57%.

Profit: Gross profit reached $8,352,316, up $2,895,947 from $5,456,369 in 2023, reflecting a robust year-over-year increase of 53%. Net profit was $3,073,807, a modest increase of $30,028 from $3,043,779 in 2023, marking a year-over-year growth of 1%.

Ms. Sun “Ice” Lei, Chief Executive Officer of the Company commented: “Our 2024 financial results demonstrate the strength and foresight of our three-year turnaround strategy, launched in 2020. This year’s strong performance, driven by significant revenue and gross profit growth, highlights our team’s dedication to operational excellence and strategic market expansion. Achieving a net profit of $3.07 million reflects our ability to sustain profitability while navigating the dynamic wholesale trade and tourism sectors with financial discipline.

Looking ahead, we are poised to capitalize on this momentum, continuing to innovate and expand our global presence. Our team is committed to delivering transformative growth while maintaining profitability, and we are confident in our strategy to drive long-term value for our stakeholders in the years to come.”

About JX Luxventure Group Inc.

Headquartered in Haikou, China, JX Luxventure Group Inc. is a company in the wholesale trade sector specializing in duty-free and cross-border consumer goods, as well as providing integrated solutions in wholesale trade, including logistics, supply chain management, and technology solutions to support the efficient distribution of tourism-related products.  To learn more about the Company, please visit its corporate website at https://www.jxluxventure.com/en/

Safe Harbor Statement

This press release may contain certain “forward-looking statements” relating to the business of JX Luxventure Group Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein, are “forward-looking statements” in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

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SOURCE JX Luxventure Group INC.

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MicroTech Secures Major Contract with Government Printing Office to Provide On-Site Federal Print Managed Services

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RESTON, Va., May 15, 2025 /PRNewswire/ — MicroTech, a leading provider of innovative IT solutions, proudly announces its latest achievement: a contract award from the Government Printing Office (GPO) under the esteemed D951-M program. This win authorizes MicroTech to deliver comprehensive managed print services, including printing, scanning, document conversion, mail equipment, fax server solutions, fleet management, and managed print services, to federal agencies both within the Continental United States (CONUS) and Outside the Continental United States (OCONUS).

A Monumental Milestone: Over 200 Task Orders and $400 Million in Awards
This contract expands MicroTech’s federal sector presence and builds on a legacy of success with the 951-M program. With over 200 task orders issued for services such as equipment supply, digitization, personnel management, and maintenance, MicroTech has become a trusted provider for federal agencies. Each task order typically exceeds $2 million, with the program’s cumulative value estimated at over $400 million, a figure that continues to grow.

Proven Federal Excellence
Since 2003, MicroTech has earned a reputation for delivering cost-effective, scalable solutions to both civilian and defense agencies. From print document services to IT asset management and enterprise mail systems, MicroTech consistently meets the unique needs of federal clients. Leveraging a strong network of partners, the company utilizes both leased and procured equipment to maximize efficiency and ensure top-tier service delivery.

The 951-M Program: A Federal Cornerstone
Now in its 19th year, the 951-M Umbrella Contract averages 20 task orders annually, each valued at over $2 million. It remains a vital resource for federal operational efficiency and cost-effectiveness. As the program evolves, MicroTech remains committed to providing innovative, reliable solutions that support the US Government’s mission.

“We are honored to support the mission-critical operations of our federal partners through this significant contract award,” said Tony Jimenez, President & CEO of MicroTech. “This reflects our ongoing commitment to excellence, innovation, and service reliability in managed print services across the public sector.”

About MicroTech
Founded in 2004, MicroTech is a Service-Disabled Veteran-Owned Small Business (SDVOSB) and Minority Business Enterprise (MBE) certified by the SBA and NMSDC. Recognized as a top Hispanic business and award-winning IT Managed Service Provider, MicroTech delivers solutions in Cyber Security, Cloud Computing, Infrastructure Services, Professional Engineering, Network Integration, Leasing/Financial Services, and Unified Communications. The company holds key certifications, including ISO 9001, 20000, 27001, 20243, CMMI Level 3 (Services & Development), and CMMC Level 2, as verified by a Certified Third-Party Assessment Organization (C3PAO), ensuring excellence in IT and advanced technology solutions.

Contact:
Jennifer Berman
jberman@microtech.net 

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SOURCE MicroTech

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