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CORTI STRENGTHENS LEADERSHIP TEAM WITH STRATEGIC SENIOR HIRES FROM MICROSOFT AND PHILIPS

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The move comes as Corti doubles down on its mission to transform overburdened healthcare systems with accessible and trustworthy AI

NEW YORK, Sept. 11, 2024 /PRNewswire/ — Corti, the global AI engine designed for healthcare, is bolstering its leadership team with the addition of three more senior executives. The strategic move furthers the company’s mission of helping billions of people benefit from low risk, high quality care through its safe and effective Generative AI, woven into the fabric of every patient interaction around the world.

Following a period of rapid growth for the business – which had processed more than 100 million patient interactions – Corti is now welcoming new talent from some of the world’s biggest organisations to help continue its expansion.

Chad Compton joins Corti as Chief Revenue Officer from Microsoft’s leadership team. Prior to Microsoft, Chad was a key executive at Nuance, which was acquired by Microsoft in 2022 for $19.7 billion. At Nuance, he oversaw one of the world’s most successful healthcare partnership sales teams, generating hundreds of millions of dollars in revenue. In his new role at Corti, Chad will leverage his extensive experience to drive growth across the global market.

Frederik Brabant, MD will step into the role of Chief Medical Strategy Officer. Previously, Frederik served as the chief medical information officer and VP of international healthcare partnerships at Microsoft Nuance. With nearly a decade of leadership experience at Nuance, Frederik played a pivotal role in driving the success of flagship products such as Dragon Dictation and leading global partnership initiatives worth over millions. His role at Corti will be instrumental in shaping the company’s medical strategy and expanding its global footprint.

Yvonne Kirsch is Corti’s new VP Partnerships, North America, coming from Philips Speech, where she was running the North American Unit. Yvonne’s experience in building strategic partnerships and driving business growth will power Corti’s next chapter in the region, where Corti is on track to process more than 100 million patient interactions annually by 2025.

These three new additions to the Corti team builds on a series of other recent hires from Microsoft Nuance and Philips Speech, including Milko Jovanoski, now VP of partnerships for Europe, and Robert Lamprell, UK commercial director, who previously held positions as international marketing director and senior account director at Microsoft Nuance, respectively. Last week, Mikaël Grynszpan also joined the Corti team from Philips Speech as Director of Sales in France, following in the footsteps of Yvonne Kirsch and Corti’s CPO, Florian Schwieker, who also made the move from Philips Speech to Corti.

Speaking about the new hires, Andreas Cleve, co-founder and CEO of Corti, said: “These critical hires mark a significant milestone for Corti as we continue to scale our impact across healthcare. When top commercial talent moves from such major companies to the promising new incumbent, it marks the start of a new era. Welcoming such unparalleled expertise to the team will be invaluable as we continue to innovate and expand our global reach, clearing the path for billions of patients around the world to enjoy low risk, high quality care.”

Corti is transforming healthcare by integrating advanced, purpose-built AI into every patient interaction. Its AI seamlessly integrates into virtually any platform, and unlike other co-pilots, it actively supports healthcare professionals by providing real-time prompts, enhancing decision-making throughout their time with patients. It also automates and enhances workflows by removing the need for time-consuming, manual note taking and medical coding – significantly reducing administrative burdens and minimising errors by up to 40 percent.

Setting it apart from other AI models built on open-source data, Corti’s platform is backed by eight years of research and uses rigorously verified healthcare data, making it the most trustworthy AI support tool available. Processing over 100 million patient interactions every year, Corti is proving to be an indispensable, global asset in delivering high-quality, personalised care.

Chad Compton, Chief Revenue Officer at Corti, added: “I’m thrilled to join Corti at such a pivotal moment in the future of healthcare. We’re already powering millions of patient interactions every year, and this is just the beginning. Corti is redefining how AI can enhance every corner of healthcare by delivering trusted, real-time support in every patient encounter. Our mission to expand Corti’s high-quality AI technology to more healthcare providers worldwide addresses an urgent need, and I am excited to be a part of driving this change.”

Frederik Brabant, Chief Medical Strategy Officer at Corti, said: “After years of treating individual patients, I realised I could improve the lives of millions if I scaled my efforts beyond the bedside. By reducing administrative burden through safe and effective AI, Corti is relieving healthcare professionals of the immense pressure I once experienced as a physician. I’m looking forward to being part of a team allowing healthcare professionals like me to focus on what truly matters – caring for patients.”

Yvonne Kirsch, Corti’s VP Partnerships North America, said: “Joining Corti in North America amid our exponential growth in the US has been momentous. More providers are seeing the immense potential of Corti’s AI – not just for their bottom line, but for easing burnout among overburdened healthcare professionals. Feedback has been overwhelmingly positive, and I’m excited to bring on more strategic partners to extend this technology to thousands more who need it.”

For more information, please visit: www.corti.ai

About Corti

Founded in 2016 by Lars Maaløe and Andreas Cleve, Corti is a healthcare AI research company dedicated to developing a safe and effective Generative AI platform tailored to healthcare’s unique needs. Having learned from more than 100 million patient interactions, Corti’s AI minimizes paperwork and errors across the patient journey, offering expert guidance and support.

Corti’s AI not only takes notes but also quality assures, journals, codes, nudges, prompts, and documents every patient interaction. This reduces the margin for error by up to 40 percent and administrative time by up to 80 percent. With significant research findings in speech processing, dialectic challenges, medical coding, and language understanding, Corti’s artificial intelligence enhances real-time consultations across the entire patient journey across the United States and Europe.

Press Contact
Inkhouse for Corti
corti@inkhouse.com  

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DomaCom Appoints Giuseppe Porcelli as Chairman and Secures $2 Million Private Placement

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SYDNEY, Jan. 10, 2025 /PRNewswire/ — DomaCom Limited (ASX:DCL) is pleased to announce two significant developments that will strengthen its leadership and financial position as it advances its fund-first, technology-driven strategy.

Appointment of Giuseppe Porcelli as Non-Executive Chairman

DomaCom has appointed Giuseppe Porcelli as Non-Executive Chairman. Giuseppe is the Founder, Chairman, and CEO of Lakeba Group, a global technology leader renowned for AI-powered, scalable solutions. With extensive expertise in technology-driven investment strategies, his leadership will be instrumental in accelerating DomaCom’s growth, innovation, and investor value creation.

“Giuseppe’s appointment strengthens our leadership team at a pivotal time for DomaCom,” said Darren Younger, CEO of DomaCom. “His experience in driving technological innovation and scaling businesses will support our strategy to enhance investor value and expand our market presence.”

Successful Completion of $2 Million Private Placement

DomaCom has successfully secured a $2 million investment through a private placement from sophisticated investor Martin Groen. The placement involved issuing 142,857,143 fully paid ordinary shares at $0.014 per share, reflecting investor confidence in DomaCom’s strategy and growth potential.

“This investment demonstrates strong confidence in our vision to transform DomaCom into a leading fund-first, technology-driven business,” said Giuseppe Porcelli, Chairman of DomaCom. “The additional option to secure further funding underscores the long-term alignment between DomaCom and our investors. This capital will allow us to accelerate key initiatives, deliver value to our stakeholders, and position the business for sustained growth.”

These developments mark an important step forward in DomaCom’s transformation, reinforcing its commitment to technological innovation, financial growth, and enhanced investor value.

Contact person: Darren Younger, DomaCom CEO
Darren.younger@domacom.com.au 

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SOURCE DomaCom Limited

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GlocalMe Unveils New Brand Identity and Cutting-Edge Innovations at CES 2025

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — GlocalMe, a global leader in mobile data connectivity under uCloudlink (NASDAQ: UCL), is proud to announce its participation in CES 2025, the world’s largest technology trade show. This year marks a significant milestone for GlocalMe as it unveils its newly refreshed brand identity and showcases an impressive lineup of innovative products that are set to redefine global connectivity.

With the theme “The Ideal Network of Life,” GlocalMe’s rebranding reflects its dedication to providing seamless, secure, and reliable internet connectivity that feels local, no matter where users are. Powered by its patented Cloud SIM and HyperConn™ technology, the brand emphasizes “Global Connectivity, Local Mindedness,” delivering a borderless yet personalized connection experience for modern digital lifestyles.

“Our new brand identity represents a transformative step in our journey to empower users with effortless and reliable global connectivity,” said Chaohui Chen, CEO of uCloudlink. “At CES 2025, we are thrilled to showcase how our innovative solutions bring the world closer together, delivering technology that feels personal and local, even in a globalized world.”

Spotlight on the GlocalMe Life Series

A major highlight of GlocalMe’s CES 2025 showcase is the GlocalMe Life Series, a collection of advanced products designed to provide secure and convenient connectivity for daily and travel use. With a focus on user convenience and peace of mind, the Life Series empowers users to stay connected effortlessly.

At CES 2025, GlocalMe will pre-launch three new additions to the Life Series:

GPet: The second generation of GlocalMe’s smart global pet tracker, featuring unique 6-tech positioning technologies to ensure the safety and location tracking of pets worldwide. New features, including ‘AI Wellness’ and ‘Pet Interaction,’ will enhance pet health monitoring and strengthen the bond between pets and their owners.UniCord S and UniCord P: Upgraded versions of the UniCord, designed specifically for drivers and remote workers. These devices offer advanced tracking features and provide secure and seamless connectivity during commutes or road trips. The UniCord P boasts upgraded mobile internet specifications, delivering a network experience comparable to a Wi-Fi hotspot.

These new products join the existing Life Series, which includes:

UniCord: The world’s first 3-in-1 multi-functional USB cable, which has been honored with the “CES Breakthrough Award 2025” by Android Authority for its innovative design and functionality.RoamPlug: The world’s only travel adapter with a built-in 4G mobile hotspot.KeyTracker: A global intelligent tracker featuring 6-tech positioning to secure and locate personal belongings with precision.

Introducing HyperConn™ Technology: Seamless Connectivity Redefined

GlocalMe will also debut its revolutionary HyperConn™ mobile Wi-Fi hotspot technology at CES 2025, redefining how users stay connected on the move. Leading this innovation is the MeowGo G40 Pro, a HyperConn™-enabled 4G multi-network mobile Wi-Fi hotspot. Designed for road trip families and remote workers, this device leverages AI-powered network switching to provide uninterrupted internet access by seamlessly connecting to multiple 4G carriers and Wi-Fi providers. This ensures reliable connectivity anywhere in the world, no matter where life takes users.

Experience GlocalMe at CES 2025

From January 7 to 10, 2025, GlocalMe will showcase its new brand identity and innovative product lineup at booth LVCC North Hall #8211. Attendees are invited to experience firsthand how GlocalMe is redefining global connectivity through its cutting-edge products and advanced technologies.

All pre-launched products from CES will be officially available by the end of the first quarter of 2025.

About GlocalMe

GlocalMe is a digital lifestyle brand under Nasdaq-listed technology company uCloudlink (NASDAQ: UCL). With its mission to enable people to ‘Connect and Share without Limitations’, uCloudlink is a leading mobile technology solutions provider that provides a marketplace for mobile data traffic sharing to billions of users in over 200 countries and regions. By using uCloudlink’s patented Cloud SIM technology, mobile users are no longer confined to the service of a single network operator but are opened to a world of connectivity whenever and wherever they are.

For more information, visit www.glocalme.com.

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Reap Receives In-Principle Approval for Major Payment Institution License from Monetary Authority of Singapore

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SINGAPORE, Jan. 9, 2025 /PRNewswire/ — Reap, a leading payment technology provider, is thrilled to announce today that it has received an In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the Major Payment Institution (MPI) License for its Singapore entity, Reap Singapore.

Obtaining the IPA marks a significant milestone for Reap. Reap is committed to regulatory excellence while continuously enhancing its capabilities and presence in Singapore and the broader Asia Pacific region. While the IPA marks a critical step forward, Reap Singapore remains steadfast in meeting the required conditions for the MPI License. Reap is equally committed to dedicating the necessary resources to support and assist Reap Singapore in achieving this goal. Together, Reap and Reap Singapore will continue to refine its compliance standards and beyond, ensuring it delivers enhanced value and trusted solutions to Singapore and the broader APAC customers.

“At Reap, compliance has always been paramount, not only to safeguard our users but also as a fundamental pillar for growth. Receiving this IPA from the MAS, a globally renowned financial regulator, is incredibly motivating and will be a key driver of secure growth in the region. It fuels our enthusiasm to continue collaborating closely with regulatory bodies to shape a secure and efficient money movement across the region. Reap is also committed to building a strong payment service.” stated Kevin Kang, Co-Founder of Reap.

Singapore is integral to Reap’s mission of enhancing global money movement. Its high regulatory standards and commitment to foster sustainable innovation align seamlessly with Reap’s vision for the future of payment services. This alignment empowers Reap to drive secure and efficient financial flows while delivering exceptional value to its clients and partners.

About Reap

Reap group is a leading global payment technology provider that enables financial connectivity and access for businesses worldwide. By bridging disparate economies, merging technological divides, and connecting key financial players, we are transforming the financial landscape into a more interconnected and interoperable space for efficient money movement.

With corporate cards, payout solutions, and expense management tools, we streamline financial operations and empower businesses to scale. Our APIs enable businesses to embed finance into their own products and services, from issuing Visa cards to facilitating cross-border payments.

Founded in 2018 in Hong Kong, Reap has since expanded to a team of over 100 across the globe, including Singapore. Reap is supported by a strong network of investors, including Acorn Pacific Ventures, Arcadia Funds, HashKey Capital, Hustle Fund, Fresco Capital, Abacus Ventures, and Payment Asia.

For media enquiries, please contact:

Christine Cheuk
Marketing & PR Manager, Reap
christine@reap.global

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/reap-receives-in-principle-approval-for-major-payment-institution-license-from-monetary-authority-of-singapore-302347620.html

SOURCE Reap

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