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Nationwide Commercial Credit, Inc. Launches Interest-Free Fuel Credit Program for Trucking Companies

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AUSTIN, Texas, Oct. 7, 2024 /PRNewswire/ — 1st Commercial Credit, in collaboration with its affiliate Nationwide Commercial Credit, Inc., proudly announces the launch of a new Fuel Credit Card Program, offering interest-free fuel credit to entry-level trucking companies. This initiative aims to reduce one of the most significant operational expenses for growing trucking businesses—fuel costs.

Simplified Fuel Management

The Fuel Credit Card Program provides interest-free credit and cash discounts at partnered fuel stations, activating automatically when a load is picked up and in transit. With no manual payment requirements or hidden fees, this program allows trucking companies to manage fuel expenses seamlessly through a secure online portal. Credit amounts adjust to the value of each load, with a maximum limit of $2,000 per load, offering flexibility to meet specific needs.

No Credit Score Requirement

Approval for the program is determined by the creditworthiness of the associated freight broker or shipper issuing the load, as well as the trucking company’s proven ability to complete loads—without considering the credit score of the trucking company or its owners. This feature is particularly advantageous for new companies looking to establish and grow their business.

Automatic Pay-Down

The program features an automatic pay-down process, where the fuel credit is settled once the load is completed. This eliminates worries about late fees, auto-debits, or accumulating debt, making it a reliable solution for managing cash flow.

Eligibility & Access

Trucking companies are required to have an active factoring arrangement with Nationwide Commercial Credit, Inc. to join the program. Enrollment is seamless once the factoring relationship is in place, with credit limits increasing alongside load volume to support business growth. Credit lines begin at $2,500 and can reach up to $100,000, based on the volume of loads in transit for the fleet.

Empowering Growth in the Trucking Industry

With this new Fuel Credit Card Program, 1st Commercial Credit and Nationwide Commercial Credit, Inc. reaffirm their commitment to supporting the growth of small to mid-size trucking companies. By offering transparent, interest-free funding solutions, they aim to help businesses manage fuel costs and thrive in a competitive market.

For more information, visit www.nationwidecommercialcredit.com or contact

About Nationwide Commercial Credit, Inc.

Nationwide Commercial Credit, Inc. is an affiliate company of 1st Commercial Credit, LLC and specializes in non-recourse factoring for small to mid-size trucking companies, offering tailored funding solutions that prioritize customer needs.

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SOURCE 1st Commercial Credit, LLC

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KIC Ventures Changing the Private Equity Paradigm: The HealthTech Investment Firm with the Most Majority-Owned Portfolio of Revenue-Generating Spine Companies

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KIC Ventures is transforming the private equity landscape in healthtech by focusing exclusively on spine surgery technologies and maintaining majority ownership in its portfolio companies. Unlike traditional firms that diversify minority stakes across various sectors, KIC Ventures’ unique model allows it to control and direct innovation with unparalleled agility. Founded and led by Dr. Kingsley R. Chin, a physician with over 20 years of clinical experience, KIC Ventures disrupts the market by aligning its investments with the future of outpatient spine care. This physician-led approach ensures the firm addresses real clinical needs, giving it a decisive advantage in shaping the future of spine surgery, particularly in physician-owned outpatient centers.

FORT LAUDERDALE, Fla., Oct. 7, 2024 /PRNewswire-PRWeb/ — KIC Ventures is reshaping private equity in healthtech by maintaining majority ownership in the most number of revenue-generating spine companies in the world. Unlike traditional firms that diversify minority stakes across sectors, KIC Ventures exclusively focuses on spine surgery technologies, giving it unparalleled control and agility in driving innovation.

“KIC Ventures is transforming spine care by empowering physicians with cutting-edge technologies, shifting the focus from hospital-based systems to physician-owned outpatient centers for more efficient and patient-centered care.” – Dr. Erik C. Spayde, CMO of KIC Ventures

Led by founder Dr. Kingsley R. Chin—a Harvard-trained orthopedic spine surgeon and Harvard Business School graduate—KIC Ventures’ leadership team consists of experts who invest their own capital, ensuring a stable and committed group that can act with speed and decisiveness. This unique approach has enabled KIC Ventures to maintain majority ownership, allowing the firm to predict market needs and align investments with the future of outpatient spine care.

KIC Ventures’ proprietary Less Exposure Spine Surgery (LESS) philosophy, pioneered by Dr. Chin, focuses on less invasive procedures that preserve anatomy, reduce recovery times, and empower physicians. This innovative, patient-centered approach places KIC Ventures ahead of traditional hospital-based models, positioning it as a key disruptor in the spine surgery market.

Strategic Milestones and Global Vision

KIC Ventures’ journey is marked by significant milestones that demonstrate its ability to identify and scale breakthrough technologies. The sale of MANTIS to Stryker and acquisitions like AxioMed and NanoFuse Biologics underscore its vision for developing innovative solutions that meet the evolving needs of surgeons and outpatient facilities. With its leadership in spine care technologies, KIC Ventures continues to challenge traditional healthcare models by supporting physician-owned outpatient centers.

“We are proud to lead the outpatient spine surgery market, offering cutting-edge solutions that empower physicians and transform care from hospital-based systems to physician-owned centers,” said Dr. Erik C. Spayde, Chief Medical Officer of KIC Ventures, Chief of Spine Surgery at a major California Hospital and Harvard-trained board-certified orthopedic spine surgeon

Looking ahead to 2025, KIC Ventures plans to release new spine surgery innovations, including the highly anticipated Axiomed lumbar disc, and expand its NANISX portfolio, which already features technologies like InSpan, Sacrix, and FacetFuse. The firm’s ability to remain nimble and act with foresight is a direct result of its capital strategy and leadership stability. “Our independent capital strategy allows us to act with decisiveness, avoiding dilution and keeping our leadership agile,” added Aditya Humad, Co-founder, President, and CFO of KIC Ventures, formerly at JP Morgan HealthTech mergers and acquisitions, and a graduate of Wharton and Harvard Business School.

Chief Technology Officer Vito Lore also emphasized the firm’s commitment to collaboration. “Collaboration between engineers and physicians drives our innovation. Our upcoming 2025 releases are set to shape the future of spine care technologies.” Lore, with a background in aeronautical engineering from Purdue University and almost two decades of experience in spine innovations, brings deep experience collaborating with physicians to the firm’s cutting-edge advancements.

A Vision for the Future

KIC Ventures is built on Dr. Chin’s entrepreneurial philosophy of identifying a Problem, predicting future needs, and creating products that drive global adoption—his “3 P’s of entrepreneurship.” This strategy has fueled the firm’s growth and innovation. With new product launches on the horizon, KIC Ventures is set to continue leading the transformation of outpatient spine surgery worldwide.

About KIC Ventures
Founded in 2013 as the venture arm of Kingsley Investment Company LLC, KIC Ventures focuses exclusively on advancing outpatient spine surgery through its Less Exposure Spine Surgery (LESS) philosophy. With a portfolio of innovative spine technologies and a commitment to empowering physicians, KIC Ventures has become the world’s largest private equity firm with a majority-owned portfolio of differentiated spine companies focused on outpatient spine solutions.

For more information, visit http://www.kicventures.com.

Media Contact

KIC Ventures, KIC Ventures, 978-232-3990, Press@KICVentures.com, www.KICVentures.com 

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SOURCE KIC Ventures

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AMI Partners with Samsung to Bring Firmware Security to PCs

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ATLANTA, Oct. 8, 2024 /PRNewswire/ — AMI®, the global leader in Dynamic Firmware for worldwide computing, has partnered with Samsung Electronics, the global leader in consumer technology, to create an enhanced joint security solution available in Samsung’s Galaxy Book PCs. Alongside Samsung’s multi-layer security platform Samsung Knox, AMI’s Tektagon™ – the industry-leading Platform Root of Trust firmware security solution – is now integrated into Samsung PCs including the Galaxy Book5 Pro 360, Galaxy Book4 Pro, Galaxy Book4 Pro 360, and Galaxy Book4 Ultra. 

Through this collaborative partnership, AMI’s Tektagon seamlessly integrates with Samsung Knox to ensure that confidential and sensitive data stays safe at every layer of the device through real-time threat detection and collaborative protection, while providing the highest level of security against firmware-injected malware to help prevent ransomware and denial of service attacks.

“As a leading supplier of endpoint technology to global government and commercial industries, Samsung is committed to securing its platforms at all levels,” said Dr. Hark-Sang Kim, EVP & Head of New Computing R&D Team, Mobile eXperience Business at Samsung Electronics. “Integrating AMI’s Tektagon solution into our latest Galaxy Books provides powerful and comprehensive protection at the platform’s foundation.”

The Samsung Knox platform leverages the motherboard’s existing embedded processor to provide a hardware-backed secure platform, which includes AMI’s Tektagon security technology. Thanks to AMI’s leading capabilities as a firmware provider, the need for additional components is reduced while hardware-rooted security is still seamlessly delivered.

“AMI is extremely proud of our work integrating our Tektagon Platform Root of Trust solution into Samsung Galaxy Book series notebooks,” said Stefano Righi, Senior Vice President of the AMI Global Software and Security Group. “Together Samsung and AMI are helping to reduce the cyber threat landscape, securing business endpoints around the world from malicious attacks.”

The Samsung Galaxy Book5 Pro 360, Galaxy Book4 Pro, Galaxy Book4 Pro 360 and Galaxy Book4 Ultra with AMI Tektagon Platform Root of Trust are available today and can be ordered directly from Samsung.

Follow AMI on LinkedIn and Twitter/X to receive the latest news and announcements.

AMI® and Tektagon™ are registered trademarks/trademarks of AMI in the US and/or elsewhere. Galaxy Book and Knox are trademarks of Samsung Electronics Co. Ltd. in the United States and other countries. All other trademarks and registered trademarks are the property of their respective owners.

About AMI

AMI is Firmware Reimagined for modern computing. As a global leader in Dynamic Firmware for security, orchestration, and manageability solutions, AMI enables the world’s compute platforms from on-premises to the cloud to the edge. AMI’s industry-leading foundational technology and unwavering customer support have generated lasting partnerships and spurred innovation for some of the most prominent brands in the high-tech industry.

Logo – https://mma.prnewswire.com/media/1327926/AMI_Logo2023.jpg

View original content:https://www.prnewswire.co.uk/news-releases/ami-partners-with-samsung-to-bring-firmware-security-to-pcs-302269372.html

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Patriot Memory Unveils Viper PV573 Gen5 SSD: Compact Design, Maximum Power–The Perfect Balance of Size and Performance

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TAIPEI, Oct. 8, 2024 /PRNewswire/ — Patriot Memory, a leading manufacturer of high-performance gaming memory modules, SSDs, flash memory, and gaming peripherals, today announced the launch of its latest innovation under the Viper Gaming brand: the Viper PV573 PCIe Gen5 x4 M.2 2280 SSD. This product reinforces Patriot’s leadership in cutting-edge technology, pushing speed boundaries beyond its predecessor, the PV553.

The Viper PV573 SSD utilizes advanced 3D NAND vertical stacking technology, significantly enhancing storage density while reducing power consumption and delivering faster read and write speeds. This innovation also improves durability, making it a reliable choice for users with demanding storage needs. With capacity options of up to 4TB, the Viper PV573 combines powerful performance in a compact, portable form factor, achieving the perfect balance of high capacity and efficiency within a small footprint.

The Viper PV573 SSD boasts astonishing read speeds of up to 14,000 MB/s and write speeds of 12,000 MB/s. Equipped with Patriot’s proprietary active cooling technology, it is specifically designed for high-performance computers, workstations, data centers, servers, gaming consoles, and media creation and editing applications, ensuring stability and high performance during extended use.

Featuring the latest PCIe Gen5 x4 controller and 232-layer TLC NAND technology, the Viper PV573 is fully compliant with the NVMe 2.0 specification. With blazing read speeds of up to 14,000 MB/s and write speeds reaching 12,000 MB/s, it delivers a performance boost of up to 2.8 times faster than the previous Gen 4 SSD standard and nearly 7 times faster than Gen 3 SSDs. This provides users with an unprecedented speed experience for performance-demanding tasks. Not only is it backward compatible with PCIe 4.0 and PCIe 3.0 platforms, but it also offers exceptional system loading and data caching performance, making it ideal for intensive creative workloads. Whether it’s 3D animation production, game development, or high-complexity virtual visualization, the PV573 effortlessly handles it all, significantly enhancing multitasking efficiency. On the latest Intel and AMD platforms, it showcases unmatched performance, offering creators and gamers the ultimate solution for all high-performance application needs.

The Viper PV573 SSD features Patriot’s most advanced proprietary cooling technology with an active fan design. The fan system, tailored for Gen 5 SSDs, introduces cool air through an aluminum alloy heatsink, creating thermal convection and accelerating heat dissipation, thus improving overall cooling performance by over 40%. The 16.5mm high thermal conductivity aluminum alloy heatsink, with an innovative heat flow design, effectively addresses common overheating issues in Gen 5 SSDs, ensuring stable temperatures under high-load operations.

The Viper PV573 Gen5 x4 SSD is equipped with powerful data protection and error correction mechanisms that significantly enhance the durability of NAND storage while ensuring data integrity and stable system operation. By incorporating advanced wear leveling technology, the SSD’s lifespan is greatly extended. It also features 4K LDPC (Low-Density Parity-Check) error correction technology, which maintains consistently high performance even under prolonged, high-load operation.

Additionally, the Viper PV573 comes with a comprehensive five-year global warranty, offering users peace of mind for high-performance applications such as gaming, video editing, 3D modeling, and rendering. This ensures reliable, long-term support for demanding tasks.

This new SSD not only represents an evolution in speed but also showcases Patriot’s relentless pursuit of cutting-edge technology, delivering the perfect combination of ultimate speed and stability for all high-performance applications.

About Patriot Group

Patriot Group designs, develops, manufactures, and markets high-performance memory and storage products and solutions, streamlining users and technologies of data applications for different verticals. The Patriot Group owns three leading brands, Patriot, Viper Gaming, and ACPI, serving different market segments. Patriot offers the latest consumer memory and storage technologies, including DRAM, SSD, and flash memories. Viper Gaming features top-notch overclock-ready memories and gaming gadgets that appeal to hardcore gamers, covering high-performance memory modules and SSDs to the latest in gaming accessories. ACPI, the group’s brand for industrial-grade storage solutions, provides flash storage devices for industrial applications and embedded systems with reliability and quality.

About Viper™

Viper™ is a trademarked brand under the Patriot Group, a global leader in performance memory, SSD, and flash storage solutions. Established in 2007, Viper™ made its mark by introducing a renowned line of computer memory. This line has since become synonymous with elite performance and reliability among gamers worldwide. In 2015, Viper™ expanded its product range to include gaming keyboards, headsets, and mice. With offerings in entry-level, mid-level, and high-end categories, all equipped with rich feature sets, Viper™ has garnered numerous awards for its peripherals. These accolades are a testament to the brand’s commitment to providing gamers with unrivaled performance and reliability, empowering them to dominate their chosen sport.

*All company and/or product names may be trade names, trademarks and/or registered trademarks of the respective owners with which they are associated. Features, pricing, availability, and specifications are subject to change without notice.

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SOURCE Patriot Memory

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