SCOTTSDALE, Ariz., March 28, 2025 /PRNewswire/ — SimonMed Imaging confirmed that it experienced a data incident in January 2025 and will issue notices to affected individuals and relevant state and federal agencies about the incident.  

On January 27, 2025, SimonMed Imaging was alerted by one of our vendors that they were experiencing a security incident. After receiving this information, SimonMed Imaging (“SimonMed” or “we”) promptly began a review of our own systems and on the following day, January 28, 2025, discovered suspicious activity on our network (the “Incident”). Upon discovering we were the victim of a criminal attack, we immediately began an investigation and took steps to contain the situation, including resetting passwords, enhancing multifactor authentication, implementing endpoint detection and response monitoring, removing all third-party vendor direct access to systems within SimonMed’s environment and all associated tools, limiting only whitelisted traffic into and from our network, notifying law enforcement, and engaging data security and privacy professionals to assist. The SimonMed team has been working diligently to continue its investigation and add further technical safeguards to our existing protections.

Through our investigation, we determined that there was unauthorized access to our systems between January 21, 2025 and February 5, 2025. Due to the nature of the Incident, the investigation is still ongoing into what data pertaining to individuals was affected.

Based on our investigation findings to date, we believe the following types of information may have been affected: name, address, birth date, date of service, provider name, medical record number, patient number, medical condition, diagnosis and/or treatment information, medications, health insurance information, or driver’s license numbers. These are general categories of information that we believe may be present within the affected systems and may have been accessed by unauthorized actors during the Incident. However, the full list of specific individuals and the extent of the information accessed are not yet known. Because our investigation is ongoing, we are providing notice to all individuals who may potentially be affected by this situation.

As our investigation continues, we encourage individuals who may be potentially impacted to remain vigilant against incidents of identity theft and fraud. We encourage a cautious review of account statements and explanation of benefits forms for suspicious activity. Additional monitoring can be conducted by checking free credit reports for suspicious activity and errors. Under U.S. law, individuals are entitled to one free credit report annually from each of the three major credit reporting bureaus. Additional information and resources are outlined below. 

Moreover, information regarding identity theft, fraud alerts, security freezes, and the steps an individual can take to protect personal information may be obtained by contacting the consumer reporting agencies, the Federal Trade Commission, or the appropriate state Attorney General. The Federal Trade Commission can be reached at: 600 Pennsylvania Avenue NW, Washington, DC 20580; www.identitytheft.gov; 1-877-ID-THEFT (1-877-438-4338); and TTY: 1-866-653-4261. The Federal Trade Commission also encourages those who discover that their information has been misused to file a complaint with them. Individuals can obtain further information on how to file such a complaint by calling 1-877-438-4338. Individuals should file a police report if they are a victim of identity theft or fraud. To file a report with law enforcement for identity theft, an individual will likely need to provide some proof that they have been a victim.

We take this Incident and the security of information in our care seriously. If you have additional questions, you may contact us at 602-688-6116 Monday through Friday from 8:00 AM to 5:00 PM AZ time.

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SOURCE SimonMed Imaging

TEL AVIV, Israel, March 28, 2025 /PRNewswire/ — Innoviz Technologies Ltd. (Nasdaq: INVZ) (the “Company” or “Innoviz”), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, announced today that it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) dated March 26, 2025, indicating that the Company no longer satisfies Nasdaq Listing Rule 5450(a)(1) based upon a closing bid price of less than $1.00 per share for the Company’s ordinary shares (the “Shares”) for the prior 30 consecutive business day period.

The notification from Nasdaq has no immediate effect on the listing of the Shares, and the Shares will continue to trade on the Nasdaq Capital Market under the symbol “INVZ”.

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company is provided with a grace period of 180 days, or until September 22, 2025, to meet the minimum bid price requirement under the Nasdaq Listing Rules. If at any time during the 180-day grace period, the closing bid price of the Shares is $1.00 per Share or higher for at least ten consecutive trading days, Nasdaq will provide the Company written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance within the 180-day grace period, and it meets all other listing standards and requirements, the Company may be eligible for an additional 180-day grace period, subject to determination by the staff of Nasdaq. The Company intends to monitor the closing bid price of its Shares during this grace period and will consider its options in order to regain compliance with The Nasdaq Capital Market minimum bid price requirement.

About Innoviz
Innoviz is a global leader in LiDAR technology, serving as a Tier-1 supplier to the world’s leading automotive manufacturers and working towards a future with safe autonomous vehicles on the world’s roads. Innoviz’s LiDAR and perception software “see” better than a human driver and reduce the possibility of error, meeting the automotive industry’s strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit https://innoviz.tech/.

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Media Contact
Media@innoviz-tech.com

Investor Contact
Investors@innoviz-tech.com                

Forward Looking Statements
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the listing of the Company’s shares on Nasdaq and our ability to regain compliance with applicable Nasdaq rules. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this announcement. You should carefully consider such risk and the other risks and uncertainties described in Innoviz’s annual report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) on March 12, 2025, and other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations. 

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SOURCE Innoviz Technologies

Orases, a leading custom software company, announces the launch of their specialized AI agent development services. This new offering expands their comprehensive AI and machine learning portfolio, delivering customized intelligent automation solutions for mid-market enterprises seeking to enhance operational efficiency.

FREDERICK, Md., March 28, 2025 /PRNewswire-PRWeb/ — Orases, a custom software solutions company, recently announced an expansion of their service offerings to include AI agent development services. This strategic expansion represents a significant advancement in their artificial intelligence capabilities, providing organizations with customized intelligent agents that automate complex processes, enhance decision-making, and streamline operations. The new service line demonstrates Orases’ commitment to delivering cutting-edge AI solutions that address specific business challenges.

The AI agent development services encompass a range of intelligent automation solutions, including predictive agents for data analysis, conversational agents for customer interaction, and autonomous agents for process automation. Built with enterprise scalability in mind, these custom AI agents integrate seamlessly with existing systems while providing the flexibility to adapt to changing business needs. This comprehensive approach reflects Orases’ understanding of the complex requirements faced by mid-market enterprises in today’s technology-driven landscape.

Central to Orases’ AI agent development offering is their expertise in creating purpose-built solutions that align with specific industry requirements and compliance standards. Their development process emphasizes security, scalability, and performance optimization, ensuring that each AI agent delivers measurable business value while maintaining operational integrity. The service includes detailed consultation, custom development, integration support, and ongoing optimization to ensure sustained performance and ROI.

This new service line complements Orases’ existing portfolio of AI and machine learning solutions, which includes AI consulting, data management, and strategic implementation services. By combining their software development expertise with advanced AI capabilities, Orases delivers solutions that help organizations automate routine tasks, improve decision-making accuracy, and enhance operational efficiency. Their approach focuses on creating practical, results-driven implementations that deliver immediate value while supporting long-term scalability.

The launch of AI agent development services represents Orases’ continued commitment to innovation and technical excellence in the software development sector. By investing in specialized AI capabilities, Orases maintains its position as a leading provider of custom technology solutions while helping organizations leverage the power of artificial intelligence to drive business success. The service offering serves as both a technological advancement and a strategic tool for businesses seeking to enhance their operational capabilities through intelligent automation.

For more information about Orases’ AI agent development services or to schedule a consultation, interested organizations can visit https://orases.com/. The company serves clients nationwide and can be reached at (301) 756-5527.

Media Contact

Nick Damoulakis, Orases, 1 301-756-5527, tom@321webmarketing.com, https://orases.com/

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SOURCE Orases