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Dye & Durham Provides Update on Strategic Review Process

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Will pause strategic review process until completion of the 2024 annual meeting and election of new board of directors

TORONTO, Nov. 20, 2024 /CNW/ – Dye & Durham Limited (the “Company” or “Dye & Durham”) (TSX: DND), today announced that its Board of Directors (“Board”) has paused the consideration of additional opportunities to enhance shareholder value that may include, but are not limited to, a sale of the Company, merger, divestiture of assets, or other strategic transactions, as previously disclosed on Oct. 22, 2024.

Dye & Durham received significant inbound interest from multiple strategic and financial sponsor parties at attractive premiums to the market price of its shares. The Board’s determination to pause the well-advanced process was made in light of the current activist situation and in response to feedback from a select group of the Company’s shareholders.

“The Board appreciates the hard work that management and the Company’s advisors undertook in responding to the strong interest in the Company. The Board and management team look forward to executing on Dye & Durham’s Value Creation Plan, and following the completion of the 2024 annual meeting, will remain open to all value creation opportunities for shareholders including a sale of the Company,” said Colleen Moorehead, Chair of the Board.

Advisors

Dye & Durham has retained Goldman Sachs, as its strategic advisor, Goodmans LLP and Groia & Company as its legal advisors, and Gagnier Communications LLC and Sovereign Advisory Inc. as its strategic communications advisors.

ABOUT DYE & DURHAM LIMITED

Dye & Durham Limited provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, and Australia.

Additional information can be found at www.dyedurham.com.

Forward-Looking Statements

This press release may contain forward-looking information within the meaning of applicable securities laws, which reflects Dye & Durham’s current expectations regarding future events. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements.

Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management’s current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dye & Durham’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in Dye & Durham’s most recent annual information form. Dye & Durham does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

 

SOURCE Dye & Durham Limited

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OGC Named Virtual Law Firm of the Year by LegalTech Breakthrough

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Fifth Annual LegalTech Breakthrough Awards Honor Virtual Law Firm of the Year

BOSTON, Nov. 20, 2024 /PRNewswire-PRWeb/ — OGC, a law firm of seasoned general counsel and senior in-house attorneys who augment corporate legal teams and provide fractional general counsel services to early-stage companies, has been named “Virtual Law Firm of the Year” by the LegalTech Breakthrough Awards. The fifth annual awards recognize the top technology companies, solutions, and products in the legal technology industry today.

“We are thrilled to be recognized for our virtual approach that allows us to customize our offerings to clients on an as-needed basis, while allowing our attorneys to achieve the work-life balance that is so important to professional and personal well-being–and sadly lacking for many attorneys.”

“For more than 20 years, long before most law firms even considered the possibilities of working virtually, OGC has been succeeding as a virtual law firm with its unique structure and business-first approach to lawyering,” said Greg Williamson, OGC’s managing partner. “We are thrilled to be recognized for our virtual approach that allows us to customize our offerings to clients on an as-needed basis, while allowing our attorneys to achieve the work-life balance that is so important to professional and personal well-being–and sadly lacking for many attorneys.”

OGC was recognized for its model that allows its partner-level attorneys to tailor services to meet the specific needs of clients, from small-to-medium sized companies without in-house legal support to large enterprises seeking additional bench strength. With no offices to maintain and no billable hour requirements, OGCs can provide the services and solutions their clients need–not what the traditional law firm legal service delivery model demands.

The Legal Tech Breakthrough Awards aims to perform the most comprehensive evaluation of LegalTech tools, services and companies today, with the goal of recognizing the breakthrough solutions.

About OGC

OGC is a unique law firm that offers the relationship and experience of a traditional law firm with the cost savings and speed of an alternative legal service provider. By combining top-notch legal talent and significant business acumen, our OGCs deliver the value and efficiency of an in-house lawyer, without adding to our client’s headcount or sacrificing quality. With a deep bench of talent, OGC serves companies of all sizes either as a fractional general counsel or as a seamless extension to an existing legal department. OGC’s approach is simple: We offer practical legal advice with less over-lawyering. To learn more, visit OutsideGC.com.

Media Contact

Gregory Williamson, OGC, 1 (904) 412-8739, gwilliamson@outsidegc.com, www.outsidegc.com

View original content to download multimedia:https://www.prweb.com/releases/ogc-named-virtual-law-firm-of-the-year-by-legaltech-breakthrough-302306856.html

SOURCE OGC; OGC

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Docusign Unveils “Docusign for Developers” to Accelerate Intelligent Agreement Management at Docusign Discover Event

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World’s First Developer Event Focused on Agreements Showcases Next-Generation Innovation

SAN FRANCISCO, Nov. 20, 2024 /PRNewswire/ — Today, Docusign [NASDAQ: DOCU] hosted its inaugural Docusign Discover event, unveiling Docusign for Developers, a powerful suite of tools and resources designed for developers, partners, and entrepreneurs to revolutionize agreement management. This launch makes it possible for businesses to integrate, extend, and scale solutions on the Docusign Intelligent Agreement Management (IAM) platform, unlocking the full potential of agreements through seamless workflows, advanced insights, and a thriving ecosystem.

“When developers build on Docusign, their impact is felt all over the globe,” Docusign CEO Allan Thygesen said. “Building a thriving partner ecosystem around Docusign IAM will benefit our customers by creating the world’s largest collection of agreement management applications and extensions to help drive their business.”

Docusign IAM and the Power of the Agreement Ecosystem
The Docusign IAM platform transforms static documents into actionable insights that power business workflows in an open and extensible way. Our ecosystem of partners, developers, and entrepreneurs have a unique opportunity to transform the way 1.6 million Docusign customers create, commit to, and manage their agreements — offering new ways to:

Automate complex workflows with Maestro, enabling businesses to reduce manual work and boost efficiency.Extract actionable insights with Navigator, surfacing critical data locked inside static documents to power better decision-making.Build and publish custom applications that connect and extend IAM solutions to existing business systems.

Introducing Docusign for Developers
Docusign for Developers extends the capabilities of the IAM platform with robust tools and resources to integrate, automate, and scale solutions across the entire agreement lifecycle. Key components include:

Extension Apps: Allow developers to integrate their unique functionalities or services into Docusign and distribute them through the Docusign App Center to reach 1.6 million customers.Developer Console: Create, test, publish, and manage extension apps that work with Docusign IAM solutions.Agreement APIs: An expansion of our existing API portfolio (eSignature, Web Forms, Admin) with new agreement APIs that embed IAM platform capabilities into external product experiences, enabling developers to build integrations that extend beyond eSignature. These new APIs include:Maestro API (beta): Empowers developers to programmatically integrate workflows with their systems, enabling advanced automation and customization of agreement processes.Navigator API (beta): Facilitates the querying and integration of structured agreement data, as well as AI-driven insights into external applications.Docusign Developer Center: Offers new developer tools, including SDKs and plug-ins, content, sample apps, and quick start guides to boost developer productivity. It’s your one-stop destination to explore, integrate with, and extend Docusign faster than ever before.Docusign Developer Community: A vibrant new space in the Docusign Community designed for developers to foster innovation, collaboration, and support.

These tools empower developers to tackle unique scenarios such as automating data verification, connecting to cloud storage, and embedding agreement workflows directly into their existing systems, enabling unparalleled efficiency and customization.

New AI-Assisted Review for Contracts
At Discover, Docusign also announced the launch of AI-Assisted Review, a groundbreaking feature powered by Docusign AI that transforms the contract review process. This new capability streamlines negotiations by reviewing agreements against internally approved legal guidelines, flagging discrepancies, and suggesting language changes in real time.

With AI-Assisted Review, users can also generate new language from simple instructions, ask specific contract questions, and receive instant insights — all within Microsoft Word for a seamless experience. By automating tedious tasks while keeping human oversight at the center, AI-Assisted Review reduces risk, accelerates agreement cycles, and empowers teams to focus on higher-value work. AI-Assisted Review is available for Docusign CLM users in the U.S. starting today and will expand to more countries and Docusign IAM next year.

Real-World Innovations
The event also showcased transformative solutions from partners and developers who are already improving agreement processes across industries today:

With Workday, SAP, and Salesforce integrations, the data that needs to be added to agreements, such as offer letters, procurement contracts, or sales deals, flows automatically from these systems into each agreement, ensuring accuracy and eliminating manual data entry.Sandbox Banking’s Glyue app automates customer account management for financial institutions, reducing errors and improving the customer experience.Quik!’s FormXtract uses AI to extract data from forms with near-perfect accuracy, while NeuraFlash’s connector app, built in partnership with MuleSoft, integrates Docusign with systems like Coupa, SAP, and Workday, eliminating manual data entry and unlocking agreement data.Velatura digitizes patient consent management, streamlining workflows and enhancing data sharing for over 12 million healthcare records.Bonterms streamlines agreements with open-source, standardized templates for enterprise businesses, such as NDAs, service level agreements, cloud terms, and more, crafted by expert legal professionals to reduce negotiation time.

About Docusign
Docusign brings agreements to life. Over 1.6 million customers and more than a billion people in over 180 countries use Docusign solutions to accelerate the process of doing business and simplify people’s lives. With intelligent agreement management, Docusign unleashes business-critical data that is trapped inside of documents. Until now, these were disconnected from business systems of record, costing businesses time, money, and opportunity. Using Docusign’s Intelligent Agreement Management platform, companies can create, commit, and manage agreements with solutions created by the #1 company in e-signature and contract lifecycle management (CLM). For more information visit http://www.docusign.com

Media Relations
media@docusign.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/docusign-unveils-docusign-for-developers-to-accelerate-intelligent-agreement-management-at-docusign-discover-event-302311079.html

SOURCE Docusign, Inc.

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Gainful partners with Recharge to power smarter subscriptions for personalized nutrition

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The nutrition brand, which specializes in customized supplements and powders integral to subscribers’ daily routines, will use the Recharge platform to retain, manage, delight, and grow their customers

SANTA MONICA, Calif., Nov. 20, 2024 /PRNewswire/ — Recharge, the leading subscription platform, today announced that Gainful, the personalized nutrition company, has migrated their subscription business to the Recharge platform. The partnership will see Gainful collaborate with Recharge to fulfill their mission of thoughtfully serving their hundreds of thousands of customers through highly personalized nutrition solutions.

Historically a subscription-only brand, Gainful has delivered over one million personalized solutions to hundreds of thousands of customers since launching in 2017. With Recharge, Gainful will continue to bolster their subscriber retention strategies and drive revenue with best-in-class features and tools like Recharge’s Bundles, prepaid subscriptions, and more.

With personalization at the heart of Gainful’s business—from an in-depth pre-checkout quiz that recommends products to their customers to offering all subscribers free, one-on-one access to their own Registered Dietitian—their partnership with Recharge will take their customer-centric approach to the next level.

“Gainful has been making its mark on the DTC world as a top nutrition brand for the better half of a decade and we’re honored to be part of this next phase of their journey,” said Oisin O’Connor, co-founder and CEO of Recharge. “I’m excited to see Gainful continue to scale its subscription business with Recharge by its side, helping deliver the best and most innovative retention solutions in the industry.”

“I’m thrilled to announce our partnership with Recharge. Their world-class subscription management platform will enhance our customer’s ability to personalize their regimen to fit their precise needs,” said Jahaan Ansari, co-founder and CTO of Gainful. “By relying on this technology, it allows our engineering team to focus on bringing additional value to our customers: personalized recommendations, education, and guidance will continue to be key pillars in Gainful platform, enabling customers to gain more from each day.”

Recharge’s turnkey suite of tools, including its core subscription management solution, will allow Gainful to drive incremental revenue by converting, retaining, and delighting subscribers, all while reducing tech stack costs and inefficiencies.

About Recharge:
Recharge is simplifying retention and growth for innovative ecommerce brands. As the #1 subscription platform, Recharge is dedicated to empowering brands to easily set up and manage subscriptions, create dynamic experiences at every customer touchpoint, and continuously evaluate business performance. Powering everything from no-code customer portals, personalized offers, and dynamic bundles, Recharge helps merchants seamlessly manage, grow, and delight their subscribers while reducing operating costs and churn. Today, Recharge powers more than 20,000 merchants serving 100 million subscribers, including brands such as Blueland, Hello Bello, LOLA, Chamberlain Coffee, and Bobbie. For more information, visit https://www.getrecharge.com

About Gainful:
Gainful launched in 2017 with a simple mission: to empower their customers to be their best, healthiest selves. Gainful sweats the details so their customers don’t have to, giving them peace of mind that their supplements contain the finest ingredients, specifically for them. With a wide range of nutrition products — from protein powder to pre-workout, hydration to fiber, and everything in between — Gainful’s team of registered dieticians help all of their customers in crafting personalized, effective nutrition plans. For more information, visit https://www.gainful.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/gainful-partners-with-recharge-to-power-smarter-subscriptions-for-personalized-nutrition-302311682.html

SOURCE Recharge Inc.

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