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Docusign Completes Acquisition of Lexion to Accelerate Intelligent Agreement Management

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SAN FRANCISCO, May 31, 2024 /PRNewswire/ — Docusign (NASDAQ: DOCU) today announced that it has completed the acquisition of Lexion, a leading AI-powered agreement management company. This strengthens Docusign’s position in Intelligent Agreement Management (IAM) and adds more AI-assisted capabilities to the Docusign IAM platform. The acquisition will bring richer insights and analysis to customers so they can speed up contract reviews and negotiations, easily locate information within documents, and automate processes.

“We can’t wait to offer customers a winning combination of Lexion’s AI innovation and Docusign IAM’s smart, powerful platform,” said Allan Thygesen, Chief Executive Officer at Docusign. “Docusign is already helping over 1.5 million customers around the world manage their agreements, and we plan to integrate Lexion’s technology into Docusign solutions, including more advanced document understanding for contract reviews, negotiations, insights, analysis, and more.”

About Docusign
Docusign brings agreements to life. Over 1.5 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 IAM, companies can create, commit to, and manage agreements with solutions created by the #1 company in e-signature and contract lifecycle management (CLM). Learn more at www.docusign.com.

Media Relations
media@docusign.com 

Investor Relations
investors@docusign.com 

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risk and uncertainties. All statements contained in this press release other than statements of historical fact, including statements regarding our business strategy and plans, market growth and trends, objectives for future operations, and the impact of such assumptions on our results of operations are forward-looking statements. Forward-looking statements in this press release include statements related to the anticipated benefits of the acquisition; our product strategy; anticipated new or enhanced products; and our expectations regarding customer acceptance of those products. In some cases, you can identify forward-looking statements because they contain words such as “will,” “potential,” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions.

Additional risks and uncertainties that could affect our financial results are included in the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our annual report on Form 10-K for the fiscal year ended January 31, 2024 filed on March 21, 2024 with the Securities and Exchange Commission (the “SEC”) and other filings that we make from time to time with the SEC. The forward-looking statements made in this press release relate only to events as of the date on which such statements are made. We undertake no obligation to update any forward-looking statements after the date of this press release or to conform such statements to actual results or revised expectations, except as required by law.

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SOURCE DocuSign, Inc.

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InfoSight simplifies Vulnerability Remediation, Tracking and Executive Reporting with release of its Mitigator Vulnerability and Threat Manager Platform

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MIAMI LAKES, Fla., Sept. 19, 2024 /PRNewswire/ — InfoSight Inc., a leading provider of comprehensive cybersecurity solutions, is proud to announce the launch of its latest innovation, the Mitigator Vulnerability and Threat Manager. This interactive tool is versatile and designed to be used for ad-hoc and ongoing assessments to empower organizations with unparalleled capabilities in identifying, managing, and remediating vulnerabilities.

Periodic Penetration Testing is not enough in today’s threat environment, you need an internal self-assessment program as well! However, many InfoSec teams still rely on spreadsheets to manage critical vulnerabilities, and although spreadsheets are helpful in some contexts, they shouldn’t be used for managing and tracking critical security vulnerabilities. With our Mitigator Vulnerability and Threat Management Platform, you can visualize threat trends, create executive reporting, track remediation efforts, and eliminate spreadsheets.

Mitigator is more than a Vulnerability Remediation and tracking tool. Within the platform there are valuable white glove services setting a new standard by offering comprehensive support and active involvement in the entire vulnerability management process. These “analyst-assisted” services include Exploit Penetration Testing, Remediation Assistance and Virtual ISO (vISO) Support Services.

Key Features of the Mitigator Vulnerability and Threat Manager:

Centralized Vulnerability Management: Our Centralized Dashboard analyzes vulnerabilities, track trends and facilitates scheduling vulnerability remediation tasks.Risk Analysis: Analyze vulnerabilities by asset, system host, criticality, IP address and search over specific time periods.Remediation Tracking: Create Remediation tickets for your team with the click of a button from within your ITSM or use our built-in ticketing system. Supports API integration with JIRA, ServiceNow, Connectwise, etc.Improved Reporting Accuracy: Eliminate duplicate findings on reports where remediation is complete to the highest level and allows for adjustment risk scores based upon context and compensating controls to create accurate risk reporting with full change audit tracking.Policy & Program Center – Provides templates for Incident Response, Information Security, BCP, IT Policies, and more.Cyber Security Awareness Training Center – Leverage our Employee Awareness Training courses.Email Phishing Tool – Protect your organization from social engineering attacks with our Email Phishing tool containing hundreds of prebuilt templates.

“At InfoSight, we understand that the cybersecurity landscape is constantly evolving, and organizations need a proactive and dynamic solution to stay ahead of the curve,” said Tom Garcia, CEO of InfoSight Inc. “The Mitigator Vulnerability and Threat Manager is designed to provide comprehensive protection by integrating threat intelligence, vulnerability management, and remediation tracking into a single, user-friendly platform. Our exclusive distributorship will allow us to leverage Mitigator across all our client industries.”

The Mitigator Vulnerability and Threat Manager is now available for organizations looking to enhance their cybersecurity posture. InfoSight Inc. offers a range of support services to ensure a smooth implementation and ongoing success with the platform.

For more information about the Mitigator Vulnerability and Threat Manager or to schedule a demo, please visit InfoSight’s official website at www.infosightinc.com 

About InfoSight Inc.

InfoSight Inc. is a trusted cybersecurity and risk management firm with over two decades of successful outcomes. Focused on the commercial businesses , regulated industry, and critical infrastructure where IT & OT converge. Organizations rely on us to keep them secure by designing, building and managing everything with security in mind.

Media Contact: Carol Hererra, Director of Public Relations, InfoSight Inc. Email: news@infosightinc.com

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SOURCE InfoSight, Inc.

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LYT ANNOUNCES DEPLOYMENT OF TRANSIT PRIORITY SOLUTIONS BY PARTNERING WITH ORANGE COUNTY TRANSPORTATION AUTHORITY (OCTA)

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LYT.Transit Will Move Bus Transit Vehicles Through Congested Harbour Blvd. Corridor Safer and Faster

SANTA CLARA, Calif., Sept. 19, 2024 /PRNewswire/ — LYT, a leader in NextGen intelligent connected traffic technology solutions, announced today it has signed a contract with the Orange County Transportation Authority (OCTA) and the city of Fullerton for a one-year pilot program and the implementation of LYT’s leading NextGen transit priority solution (TSP), LYT.transit. 

Serving as the primary contractor for TSP under the Master Service Agreement with Arcadis, a leading global design and consultancy organization for natural and built assets, LYT.transit will help solve congestion issues for traffic signals across the busy corridor of Harbour Blvd. The Orange County TSP deployment extends LYT’s rapid expansion throughout the west coast. 

LYT’s leading transit signal priority solution, LYT.transit, moves bus transit vehicles through congested intersections faster, safer, and more intelligently. Harnessing the power of a single-edge device installed in the Traffic Management Center (TMC), bus transit vehicles speak directly to networked traffic signals through LYT’s open architecture cloud platform. This results in a consistent and reliable green light for every bus transit vehicle in the network.

Cities are realizing the distinct benefits of this technology due to LYT’s machine learning models and artificial intelligence technology that knows when to prioritize and activate a traffic signal. LYT’s system uses automotive data in an actionable way as it takes a broader traffic pattern ecosystem into account to have an impact on other surrounding signals, not just the one signal that traffic is heading toward. 

“As the Southern California region continues to thrive, it is essential to implement advanced traffic signal prioritization technology to improve the daily commutes of Orange County residents,” said Tim Menard, CEO and Founder of LYT. “Our cutting-edge AI-powered technology ensures smoother traffic flow, reduces congestion, and enhances safety on today’s roads. By prioritizing public transportation and optimizing traffic signals, we are committed to creating a more efficient and sustainable transportation network that benefits all residents and businesses throughout Orange County.” 

Gabriel Murillo, ITS and Connected Mobility Market Leader at Arcadis, said: “We are pleased to partner with LYT on LYT.transit, to help ease the impacts of traffic congestion for buses in Orange County. By harnessing the power of advanced AI and machine learning, LYT.transit is set to elevate transit efficiency, enhance safety, and contribute to a more sustainable transportation network for the residents and businesses of Orange County.” 

About LYT

LYT is the leading provider of smart cities NextGen intelligent connected traffic technologies that orchestrates today’s Intelligent Transportation Systems. LYT’s AI-powered, open architecture, machine learning technology enables a suite of transit signal priority and emergency vehicle preemption solutions that utilize pre-existing vehicle tracking sensors and city communication networks to dynamically adjust the phase and timing of traffic signals to provide sufficient green clearance time while minimally impacting cross traffic. LYT is headquartered in Silicon Valley and serves municipalities across the US and Canada. Learn more at LYT.ai.

ABOUT ARCADIS

Arcadis is the world’s leading company delivering data-driven sustainable design, engineering, and consultancy solutions for natural and built assets. We are more than 36,000 architects, data analysts, designers, engineers, project planners, water management and sustainability experts, all driven by our passion for improving quality of life. As part of our commitment to accelerating a planet positive future, we work with our clients to make sustainable project choices, combining digital and human innovation, and embracing future-focused skills across the environment, energy and water, buildings, transport, and infrastructure sectors. We operate in over 30 countries, and in 2023 reported €5.0 billion in gross revenues. www.arcadis.com

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SOURCE LYT

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Safire Group Raises $8 Million in New Financing to Deliver Lithium-ion Battery Safety Technology to Government, Automotive Markets

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Canaan Partners Leads Round to Establish SAFIRE™ Technology as New Benchmark for Battery Safety

KNOXVILLE, Tenn., Sept. 20, 2024 /PRNewswire/ — Safire Technology Group, Inc. (“Safire Group”), today announced $8 million in new financing led by Canaan Partners, with participation from Correlation Ventures, Higher Life Ventures, Ajinomoto Co., Inc., Automotive Ventures, Outpost Ventures, Potomac Angel Capital, and MaC Venture Capital. This Pre-Series A priced round of financing brings total funding to $11 million and fuels continued development of the company’s Safe, Impact-Resistant Electrolyte (SAFIRE™) technology to transform the safety benchmarks of Lithium-ion (Li-ion) batteries across government and automotive industries. Canaan’s Hrach Simonian will join co-founders John Lee and Mike Grubbs on the board of directors.

“We are grateful to have a highly regarded, deeply experienced, and values-aligned investor in Canaan, and we are eager to continue building Safire Group together,” said Mike Grubbs.

“Safire Group is revolutionizing Li-ion battery technology with a focus on safety. Their innovative solutions are addressing the critical issue of battery volatility and setting new standards in the industry,” said Hrach Simonian, General Partner of Canaan Partners. “Safety should be intrinsic to battery design, not an afterthought. Safire Group’s commitment to redefining how these batteries are used in mobility and government applications promises to unlock unprecedented opportunities on a global scale.”

SAFIRE is the world’s only patented and proprietary drop-in additive for Li-ion batteries that prevents fires through an instantaneous liquid to solid transformation upon kinetic impact, such as an electric vehicle (EV) crash or ballistic event. During an impact, Safire Group’s shear thickening electrolyte technology enables the battery to resist deformation and prevents a short circuit – providing EV makers with lightweight crash protection and enabling Li-ion batteries to be used in novel ways.

Invented after nearly a decade of research and development by the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL), SAFIRE is currently being deployed by the company in four distinct use cases across broad domains: a ruggedized electric motorcycle, a rapidly deployable sensor tower, an unmanned ground vehicle, and multifunctional body armor.

“There is significant demand across the government to integrate SAFIRE technology into novel, ruggedized applications. This financing allows us to expand our operations in the Knoxville, Tennessee area, continue collaboration with ORNL, and further demonstrate the benefits of SAFIRE in government and automotive markets,” said John Lee, CEO of Safire Group. “We are excited about our partnership with Canaan and the opportunities it brings for the next stages of growth in deploying safety solutions for energy systems. Our focus remains on protecting people and critical assets while driving innovation in safety.”

About SAFIRE

Safire Group is a venture-backed company developing advanced Li-ion battery technologies for government and automotive markets. The company’s core technology, SAFe Impact Resistant Electrolyte (SAFIRE™), is the world’s only patented and proprietary drop-in additive for Lithium-ion (Li-ion) batteries that prevents fire through an instantaneous liquid-to-solid transformation upon kinetic impact, such as an electric vehicle (EV) crash or ballistic event. For more information, visit: www.safire.co.

Media Contact
info@safire.co

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SOURCE Safire Technology Group, Inc.

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