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SOVRA Expands Procurement Innovation Across California, Empowering Public Sector Agencies and Supporting Local Economies

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SOVRA, the leading eProcurement platform from mdf commerce, is driving procurement modernization across California.

LATHAM, N.Y., Oct. 15, 2024 /PRNewswire-PRWeb/ — SOVRA, the leading eProcurement platform from mdf commerce, is driving procurement modernization across California. It helps public sector agencies streamline processes, engage more suppliers, and deliver better outcomes for their communities. With 2,196 active vendors in the Bay Area and over 6,100 small and disadvantaged businesses statewide, SOVRA’s platform enables governments to connect with local suppliers, maximize vendor participation, and foster diversity and equity in public procurement.

“Our platform creates new opportunities for local and small businesses while helping governments maximize every taxpayer dollar to serve their communities better.”

SOVRA’s platform provides over 70 California agencies with the tools to manage procurement while reducing operational costs, driving transparency, and mitigating risks efficiently. The platform’s automated workflows and centralized system empower public sector professionals to focus on making strategic decisions that benefit their communities.

A Growing Footprint in the Bay Area

California agencies, including Port of Oakland, City of Mountain View, City of Fremont, the City of Hayward, and the City of Livermore, rely on SOVRA to simplify procurement, promote diversity, and optimize public funds. Across the Bay Area, agencies benefit from a robust vendor ecosystem, with 1,309 small and disadvantaged businesses participating through SOVRA’s platform—expanding local economic opportunities and ensuring equitable access to government contracts.

“We are excited to support California’s public sector with tools that empower agencies to run efficient, inclusive procurement processes,” said Thierry Jaffry, Chief Growth Officer of SOVRA. “Our platform creates new opportunities for local and small businesses while helping governments maximize every taxpayer dollar to serve their communities better.”

With 25,367 active vendors across California, including 9,580 local businesses, SOVRA demonstrates its ability to build stronger supplier networks and promote local engagement. This alignment between procurement practices and community impact is core to SOVRA’s mission to help governments achieve both fiscal and social goals.

Supporting Critical Infrastructure Projects Through Strategic Growth

In addition to procurement, SOVRA has expanded its capabilities by acquiring California-based EcoInteractive, a cloud-based SaaS provider specializing in capital planning and project management. This strategic integration enables public sector agencies to manage complex infrastructure projects more effectively by providing tools for data-driven decision-making, improved collaboration, and optimized program outcomes.

From procurement to capital planning, SOVRA now offers a seamless, end-to-end solution that supports governments in delivering critical infrastructure efficiently and transparently. This strategic growth reflects SOVRA’s commitment to innovation and ensures that public sector professionals have the right tools to navigate today’s challenges and build for the future.

A Platform Designed for the Public Sector

SOVRA’s industry-leading tools, including electronic bid submission, automated bid evaluations, compliance tracking, and intelligent supplier recommendations—are designed to address the complexities of public procurement while empowering local vendors. SOVRA’s 360-degree procurement approach enables seamless vendor onboarding, transparent sourcing, and faster procurement cycles by connecting governments and suppliers through a user-friendly platform.

About SOVRA

SOVRA represents over 20 years of mdf commerce’s expertise and innovation, integrating the strengths of industry-leading brands like BidNet Direct, Periscope, Merx, and EcoInteractive. Serving over 7,000 buyers and connecting them with more than 1,000,000 suppliers across North America, SOVRA delivers the most advanced procurement solutions available. With a focus on transparency, efficiency, and effectiveness, SOVRA empowers governments to optimize every tax dollar and deliver exceptional community services. Discover how SOVRA can transform your procurement processes by visiting http://www.sovra.com.

Media Contact

Bertrand Guignat, SOVRA, 801-765-9245, bertrand.guignat@sovra.com, https://www.sovra.com/

View original content to download multimedia:https://www.prweb.com/releases/sovra-expands-procurement-innovation-across-california-empowering-public-sector-agencies-and-supporting-local-economies-302276959.html

SOURCE SOVRA

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Farizon SV Launched in Austria: A Strong Start to the New Year in Europe

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VIENNA, Jan. 25, 2025 /PRNewswire/ — On January 23, 2025, Farizon successfully held the Farizon brand launch conference and SV launch event in Vienna, the capital of Austria. The launch highlighted Farizon’s accelerating expansion into Europe in 2025 and further opening of the Western European market following the brand’s launch in Serbia last year.

At the event, Farizon showcased its star product, the Farizon SV. The model attracted great attention from the guests with its innovative design and spacious cargo room. The Farizon SV, which has received the Platinum-level Euro NCAP certification, not only meets the high standard requirements for electric VANS in the European market but also aims to provide safer and more environmentally friendly solutions for urban logistics and transportation in Europe.

Farizon Regional CEE brand manager of Autowallis, Damir Domitran expressed strong optimism about the partnership and excited to expand the Farizon brand in Austria. The Farizon SV launch marks a key milestone, with plans to introduce more cutting-edge electric mobility solutions in Europe. This launch event demonstrates the brand’s determination to deepen its presence in Europe. As an important center for global green transportation, the European market is crucial for the development of Farizon’s global business. Currently, Farizon has been officially launched in countries such as Serbia and Greece, and plans to continue to expand into other European markets, working hand in hand with local partners to jointly promote the development of green transportation.

About Farizon

Farizon New Energy Commercial Vehicle Group is the commercial vehicle sector of Geely Holding Group. With the support of Geely Holding Group’s Central Research Institute, Farizon New Energy Commercial Vehicle Group has founded China’s largest new energy commercial vehicle research institute. It is responsible for the R&D of a new generation of green and intelligent commercial vehicle products based on passenger vehicle technology, with two core technology routes of “Methanol-Hydrogen + Electric”. Farizon has become China’s first CV brand to offer a full range of new energy product, committing to becoming a comprehensive intelligent and green transportation technology service provider.

In 2024, Farizon has defended its championship in the Chinese market and reached the milestone of 300,000 unit sales, becoming the first new energy commercial vehicle brand who ever achieved this goals.

For more information regarding Zhejiang Geely Farizon New Energy Commercial Vehicle Group please refer to the official website at https://global.geelycv.com/.

Logo – https://mma.prnewswire.com/media/2606019/image_5033065_47610533.jpg

View original content:https://www.prnewswire.co.uk/news-releases/farizon-sv-launched-in-austria-a-strong-start-to-the-new-year-in-europe-302360183.html

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GROUP BLACK REDEFINES ENTERTAINMENT WITH REVOLUTIONARY PARTNERSHIP WITH GENTV

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First Release: “SkillHouse” A GenTV production produced by Ryan Kavanaugh, Shane Valdez and 50 Cent; Starring Bryce Hall, Hannah Stocking, 50 Cent and Neal McDonough, Written and Directed by Josh Stolberg the Writer of the Last Three Saw Films

NEW YORK, Jan. 24, 2025 /PRNewswire/ — The first feature, SkillHouse, A GenTV production produced by Ryan Kavanaugh, Shane Valdez and 50 Cent, is part of a multi-picture deal. This groundbreaking project marks the beginning of a new era in entertainment, introducing New Majority, influencer-led genre films that redefine traditional release models. Each film combines full-length features with ten seven-minute episodes, offering audiences a dynamic, multi-platform viewing experience.

Group Black, known for its groundbreaking ventures and partnership with leading streaming platforms, is again breaking the mold by using short-form episodes featuring one “mega influencer” to drive the younger audience to convert from short-form PPV to paying SVOD or AVOD users. By doing so, Group Black is paving the way for a much-needed paradigm shift in the entertainment industry.

Group Black brings their exclusive technology stack, which integrates brands into the episodes and film post-production, without the need for any editing. It is done purely with technology and can interchange placement in almost real-time. Group Black is using its proprietary tech to brand partners which provides seamless integration opportunities that span multicultural audiences, multi-platform experiences, multigenerational appeal, and multichannel strategies—all within the hot influencer-driven space, maximizing brand integration opportunities in a way never before done.

The deal with GenTV is a minimum of five pictures, with each film expected to have a theatrical release followed quickly by the PPV window and the SVOD/AVOD window. Group Black and GenTV expect to announce the SVOD-AVOD partnership in short order, which it believes will help add to a paradigm shift in the “streaming wars” as that partner will also be hosting the shorter episodes on a PPV basis, helping drive younger Gen-Z and Gen-A audiences from single PPV to paying monthly subscribers on the to be announced streaming partners platform.

Skillhouse, starring mega influencers Bryce Hall and Hannah Stocking as well as top talent such as 50’cent and McCarrie McCausland, was written and directed by Josh Stolberg. Stolberg also wrote the last three Saw movies, the most successful in the franchise’s history, each breaking $100 million at the box office.

The film is premiering in Park City, UT, with a theatrical release date currently slated for April 2025, with PPV three to four weeks after that and a first-ever simultaneous PPV release of the next three episodes in the series.

The first episode was released on GenTV.com, shattering records with millions of unique views and over 100 million page views, showing the breadth and depth achievable with this model.

This partnership represents a new era in content creation, catering to an audience that demands authenticity, innovation, and connection. By blending the influencer-driven appeal of social media stars with traditional cinematic storytelling, Group Black and GenTV are setting a new standard for engaging younger audiences.

Experience the thrills today and dive into the gripping world of SkillHouse now by streaming the first episode at skillhouse.gentv.com.

About Group Black 
Group Black is a media company dedicated to driving growth for brands targeting the New Majority—the fastest-growing demographic of diverse audiences shaping culture and driving economic impact. Committed to fostering an inclusive media ecosystem, Group Black amplifies underrepresented voices and builds culturally relevant strategies that deeply resonate with today’s multicultural generation. Group Black is where culture calls home.

About GenTV & SkillHouse  
SkillHouse premiered on GenTV.com, a revolutionary influencer-driven streaming platform designed to give creators greater control and profit than traditional studio models. This launch solidifies GenTV’s commitment to high-value content that challenges industry norms.

View original content:https://www.prnewswire.com/news-releases/group-black-redefines-entertainment-with-revolutionary-partnership-with-gentv-302360175.html

SOURCE Group Black

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JuCoin Announces Adjustments to the First Launchpad Project $JU IEO Strategy

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SINGAPORE, Jan. 25, 2025 /PRNewswire/ — According to the latest announcement from JuCoin, the platform has made important adjustments to the strategy for its first Launchpad project, $JU IEO.

JuCoin will distribute the already issued JU tokens to all users participating in the IEO and fully refund all IEO subscription payments.The $JU trading pair will open at 21:00 (UTC+8) with an initial price of 1 JU = 0.1 USDT.

JuCoin stated that the adjustments were made in response to the discovery of a significant amount of off-platform low-price purchases of platform tokens. To ensure a fair market environment and protect the interests of users, JuCoin has implemented the above measures.

As a globally recognized digital asset trading platform, JuCoin remains committed to providing users with a superior trading environment and innovative project participation experiences. This strategic adjustment reflects both the platform’s respect for community voices and its responsibility to its users.

About JuCoin
JuCoin is a leading digital asset trading platform dedicated to offering secure, professional, and efficient digital asset trading services to users worldwide. Through continuous product and ecosystem innovation, JuCoin is steadily becoming a significant player in the blockchain industry.

The platform stated that it will continue to focus on service optimization, technology upgrades, and rigorous project selection to deliver high-quality blockchain projects and services, fostering the healthy development of the industry.

website:https://www.jucoin.com  
Twitter:https://x.com/Jucoinex
Telegram:https://t.me/jucoinex

View original content to download multimedia:https://www.prnewswire.com/news-releases/jucoin-announces-adjustments-to-the-first-launchpad-project-ju-ieo-strategy-302360171.html

SOURCE JuCoin

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