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PRE Security Inc. Announces Major Update with XDR and Enhanced SOC Assistant; Presenting at Cyber Security World Asia in Singapore

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SAN JOSE, Calif., Oct. 4, 2024 /PRNewswire/ — PRE Security, the world’s first Predictive AI Security Operations (SecOps) solution company, has released an updated version of its groundbreaking product, now introducing next generation Open XDR Detect & Respond capabilities. The company will be presenting the new release and functionality along with its predictive vision for SecOps at Cyber Security World Asia 2024 at the Marina Bay Sands Exhibition Center in Singapore next week as part of Tech Week Singapore.

PREdictive Vision
Predictive AI cybersecurity is a proactive approach that leverages predictive analytics and generative AI. Now with the inclusion of XDR detections, PRE Security provides an end to end SecOps solution that covers the entire stack from universal data collection, processing, multi-dimensional correlation, detections, and predictive analytics capabilities.

“With the ability to now detect existing attacks as well as predict future threats and vulnerabilities, security professionals have the opportunity to prevent or preemptively respond to attacks before they infiltrate network infrastructure, compromise valuable data and assets, or otherwise harm the organization,” said Paul Jespersen, co-founder of PRE Security. “Our predictive vision is a major “shift left,” not just towards zero, but to before zero, completely redefining security operations strategy and capabilities.”

Re-imagining XDR with the PRE Security CyberLLM™ 
At the heart of PRE Security’s groundbreaking new XDR capability lies the CyberLLM™. More than just another co-pilot or general purpose GPT, the CyberLLM is a domain-specific, purpose-built language model specifically designed for cybersecurity. This innovative AI engine powers Multi-Dimensional XDR Detections that unlock unparalleled coverage across all MITRE ATT&CK Tactics and Techniques. Unlike generic AI models, the CyberLLM is meticulously trained on cybersecurity specific material, including:

MITRE and NIST cybersecurity frameworks and guidelinesExtensive threat intelligence (including predictive intelligence)Comprehensive vulnerability databases (CVE’s etc.)and more

This focused training ensures that the CyberLLM possesses deep, contextual understanding of the cybersecurity landscape, enabling it to identify and correlate threats with unprecedented context and accuracy.

Breaking the Limits of Traditional XDR
While conventional XDR products are constrained by rigid, pre-defined integrations and limited pre-built detections, PRE Security’s generative approach is revolutionary. It leverages the CyberLLM’s advanced capabilities to analyze and correlate data across all organizational systems and data sources and build multi-dimensional correlations with maximum context. And with the ability to bring in logs and data from any source without pre-built parsers or integrations using patent pending Log2NLP technology, PRE Security delivers truly Open XDR for the first time in the industry, finally fulfilling the early promise of XDR to enable complex correlations across all data.

Enhanced SOC Assistant
The SOC Assistant capabilities have also been enhanced in the latest release. In addition to the built in SOCGPT™ interface that enables natural language interaction with an organization’s entire data set, the platform now has automated Prioritize and Triage features that provide valuable investigative information and all related context, reducing the need for analysts to perform in-depth manual investigations, summarizations, and reporting on every alert.

Cyber Security Week Asia Presentation and Keynote
PRE Security will be exhibiting along with local launch partner NGEN Technologies. John “JP” Peterson, co-founder and inventor of the PRE Security platform will be presenting the platform and discussing predictive cybersecurity on Thursday, the 10th of October 2024, both in the NGEN booth (Booth E141) at 11:00am, as well as a keynote presentation on “How Gen AI is revolutionizing SecOps” in the main CEA Theater at 2:50pm.

About PRE Security
PRE Security is a pioneering cybersecurity solutions company delivering superior detections and predictive security analytics in a comprehensive SecOps solution. Built on Generative AI, PRE Security eliminates the limitations, restrictions, and unfulfilled promises of conventional SIEM and XDR solutions. Founded by cybersecurity industry veterans John “JP” Peterson and Paul Jespersen, PRE Security Inc is based in Silicon Valley. Learn more at www.presecurity.ai.

Contact:
Paul Jespersen
384294@email4pr.com
408-218-9668

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SOURCE PRE Security

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TriNetX’s Founding CEO Announces Plans to Step Down

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42 minutes ago

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January 9, 2025

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After 11 Years, Gadi Lachman to Conclude Operating Role, Remain on TriNetX’s Board

CAMBRIDGE, Mass., Jan. 9, 2025 /PRNewswire/ — TriNetX, the largest global source of real-world data, today announced that Gadi Lachman, the Company’s Founder, President and CEO, will step down from his operating role on March 31, 2025. Gadi founded TriNetX in 2014 and has served as President and CEO in the succeeding 11 years. Gadi will continue to serve on TriNetX’s Board of Directors and will be an Advisor to Carlyle, TriNetX’s majority investor.

“It has been an honor to build TriNetX and be part of such an outstanding team. I want to thank TriNetX’s employees, customers, and shareholders for the support they have shown me. With the talent and passion of our people I am immensely confident in TriNetX’s continued success,” said Lachman. “Together, we have built the largest global platform for clinical research, with data from over 25 countries and tens of millions of queries a month. Our solutions are moving clinical research to a whole different level and saving lives on a massive scale, across all therapeutic areas.”

During the transition period, Jeff Margolis, a current TriNetX Director, will serve as Executive Chairman to ensure continuity in leadership and governance while a CEO search is conducted.

Margolis said, “I have had the distinct privilege of serving on the Board alongside Gadi and partnering with him for 11 years. On behalf of the Board, we thank Gadi for shaping and leading TriNetX to become the world’s top ecosystem of real-world data and real-world evidence serving life sciences and the broader healthcare industry. I look forward to working with him and the rest of the Board over the next months to execute a successful transition of leadership.”

Joe Bress, Partner and Global Co-Head of Healthcare for Carlyle, TriNetX’s lead investor, added, “We have been thrilled to partner with Gadi since our initial investment in TriNetX over four years ago. Thanks to his disciplined leadership, TriNetX is one of the few companies that has sustained profitability even during periods of high growth. Gadi has built the company up to an exciting point, paving the way for a new leader to take the business into its next chapter of growth and success.”

Through this leadership transition, TriNetX remains steadfast in its mission to advance global healthcare through the power of real-world data. The Board, leadership team, and employees are united in their commitment to driving continued innovation and delivering success for customers and partners, all while building on Gadi’s exceptional legacy.

About TriNetX, LLC

TriNetX is a global network of healthcare organizations and life sciences companies dedicated to advancing real-world research and expediting the development of new therapies. Through its self-service, HIPAA-, GDPR-, and LGPD-compliant platform of federated deidentified and anonymous electronic health record datasets and consulting partnerships, TriNetX empowers its global community to improve clinical trial protocol design, streamline trial operations, refine safety signals, and enrich real-world evidence generation. For more information, please visit TriNetX at www.trinetx.com or follow TriNetX on LinkedIn.

Media Contact
TriNetX
Michelle Fleming, Chief Marketing Officer
Email: Michelle.Fleming@TriNetX.com

Logo – https://mma.prnewswire.com/media/542641/TriNetX_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/trinetxs-founding-ceo-announces-plans-to-step-down-302347367.html

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Stellus Private Credit BDC Announces $0.36 First Quarter 2025 Regular Dividend, Payable Monthly in Increments of $0.12 in January, February, and March 2025

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42 minutes ago

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January 9, 2025

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HOUSTON, Jan. 9, 2025 /PRNewswire/ — Stellus Private Credit BDC (“the Company”) announced that its Board of Trustees has declared a monthly dividend of $0.12 for each of January, February, and March, totaling $0.36 per share in the aggregate for the first quarter of 2025. The regular dividend of $0.36 per share will be paid to shareholders of record in January, February, and March 2025.

Summary of First Quarter 2025 Regular Monthly Dividends

Declared

Record Date

Payment Date

Amount per Share

1/9/2025

1/10/2025

1/31/2025

$0.12

1/9/2025

2/3/2025

2/28/2025

$0.12

1/9/2025

3/3/2025

3/31/2025

$0.12

About Stellus Private Credit BDC

The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien (including unitranche) loans, second lien loans and unsecured debt financing, with corresponding equity co-investments. The Company’s investment activities are managed by its investment adviser, Stellus Private BDC Advisor, LLC.

Forward-Looking Statements

Statements included herein may contain “forward-looking statements” which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release, including statements about COVID-19 and its impacts, may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Contacts
Stellus Private Credit BDC
W. Todd Huskinson, Chief Financial Officer
(713) 292-5414
thuskinson@stelluscapital.com

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SOURCE Stellus Private Credit BDC

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MongoDB, Inc. to Present at the 27th Annual Needham Growth Conference

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42 minutes ago

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January 9, 2025

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NEW YORK, Jan. 9, 2025 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) today announced that Chief Operating Officer and Chief Financial Officer, Michael Gordon, and Senior Vice President of Finance, Serge Tanjga, will present virtually at the 27th Annual Needham Growth Conference.

The MongoDB presentation is scheduled for Thursday, January 16, 2025, at 3:45 p.m. Eastern Time. A live webcast of the presentation will be available on the Events page of the MongoDB investor relations website at https://investors.mongodb.com/news-events/events. A replay of the webcast will also be available for a limited time.

About MongoDB
Headquartered in New York, MongoDB’s mission is to empower innovators to create, transform, and disrupt industries by unleashing the power of software and data. Built by developers, for developers, MongoDB’s developer data platform is a database with an integrated set of related services that allow development teams to address the growing requirements for today’s wide variety of modern applications, all in a unified and consistent user experience. MongoDB has tens of thousands of customers in over 100 countries. The MongoDB database platform has been downloaded hundreds of millions of times since 2007, and there have been millions of builders trained through MongoDB University courses. To learn more, visit mongodb.com.

Investor Relations
Brian Denyeau
ICR for MongoDB
646-277-1251
ir@mongodb.com

Media Relations
MongoDB PR
press@mongodb.com

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SOURCE MongoDB, Inc.

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