Technology

Front Porch announces Brain and Balance Center in Carlsbad, California

Published

2 weeks ago

November 7, 2024

Carlsbad By The Sea senior living community develops innovative, empowering program

CARLSBAD, Calif., Nov. 7, 2024 /PRNewswire/ — Front Porch, a leading provider of innovative senior living solutions, announces the groundbreaking Brain and Balance Center at Carlsbad By The Sea, a premier Front Porch community. This innovative program utilizes cutting-edge technology to empower residents to enhance their balance and cognitive function while engaging in enjoyable and stimulating activities.

The Brain and Balance Center distinguishes itself by integrating three state-of-the-art technologies: the RAPID Balance Mat System, the S3 Balance device and SMARTfit, providing residents with a comprehensive approach to improving their physical and cognitive well-being. “Nobody has the three pieces of technology that we have or a Brain and Balance Center,” said Lisa Dickenson, Director of Fitness and Wellness at Carlsbad By The Sea. “Places are focusing on just balance or just the brain but no one else has done both together.”

The RAPID Balance Mat System establishes a baseline balance assessment and provides personalized balance exercises, carefully designed to challenge and improve residents’ balance. The S3 Balance device, an angular U-shaped stand specifically designed to help people feel safe while standing, gives residents confidence to stand up and complete balance exercises, improving their physical strength in the process. And the SMARTfit system incorporates brain training exercises, understanding that cognitive function and physical balance are intricately interconnected. By engaging in mentally stimulating games and activities, residents can further enhance their cognitive abilities while simultaneously working on their balance.

After two months of consistent participation, residents reported significant improvements in their balance and coordination. Impressively, the group achieved an average balance score improvement of 20%, underscoring the program’s effectiveness in a tangible and measurable way. “I think this is even more significant because the people that I was working with were already doing a lot on a day-to-day basis for their balance, including working out,” Lisa shared. “For them to do that much better in such a short time, I thought that was amazing.”

The Brain and Balance Center is currently collaborating with the Front Porch Center for Innovation and Wellbeing to develop a comprehensive program that can be implemented across Front Porch communities. By expanding the reach of the Brain and Balance Center, Front Porch aims to empower seniors across its communities to live healthier, more fulfilling lives.

For more information about Front Porch and its innovative senior living solutions, please visit https://frontporch.net/.

About Carlsbad By The Sea
Carlsbad By The Sea is a Front Porch Retirement Community located in Carlsbad, California. With a full continuum of care and a wide array of amenities and services, Carlsbad By The Sea builds community by cultivating meaningful relationships and experiences that respond creatively to changing needs. Learn more at https://frontporch.net/community/carlsbad-by-the-sea/.

About the Front Porch Center for Innovation and Wellbeing
The Front Porch Center for Innovation and Wellbeing (FPCIW) is part of Front Porch, a dynamic not-for-profit organization, dedicated to empowering individuals to live connected and fulfilled lives through community and innovation. FPCIW pilots innovative solutions to solve real-world problems and meet the needs of older adults in collaboration with innovative partner organizations. Learn more at https://fpciw.org/.

About Front Porch Communities and Services
Front Porch is a dynamic not-for-profit organization, dedicated to empowering individuals to live connected and fulfilled lives through community and innovation. In support of this vision, Front Porch provides high quality, accessible and affordable human services through senior living communities, affordable housing communities and other programs and services throughout the United States.

Media Contact: Laura Darling, VP of Communications
Front Porch Communities and Services
ldarling@frontporch.net
818-482-7597

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SOURCE Front Porch

Technology

Max Stock Limited Announces Change in Shares Held by an Interested Party

Published

1 hour ago

November 24, 2024

CAESAREA, Israel, Nov. 24, 2024 /PRNewswire/ — Max Stock Limited (TASE: MAXO(; )the “Company”, “Max Stock“) today announced that on November 20th, 2024, Phoenix Financial Ltd. and Phoenix Investment House Ltd. (“Phoenix reporting group”), including their respective nostro account, provident funds and provident fund management companies, as well as mutual fund management companies and market maker sub entities, informed the Company that they had sold shares of the Company thereby lowering their joint holdings to 4.8% of the Company’s issued capital (4.15% and 0.65% respectively). As a result, Phoenix reporting group will no longer be an interested party in the Company.

This is an English translation of segments of a Hebrew immediate report that was published on November 24, 2024 (Ref. No: 2024-01-618032) (hereinafter: the “Hebrew Version”). This English version is only for convenience purposes. This is not an official translation and has no binding force. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

About Max Stock

Max Stock is Israel’s leading extreme value retailer, currently present in 64 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers’ everyday needs at affordable prices, helping customers “Dream Big, Pay Small”. For more information, please visit https://ir.maxstock.co.il

Company Contacts:

Talia Sessler,
Chief Corporate Development and IR Officer
talia@maxstock.co.il

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SOURCE Max Stock Limited

Technology

Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

Published

5 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

SOURCE Wahed

Technology

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

Published

5 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

For more information, visit: www.wahed.com

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