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X-Rite Autura Ink Wins PRINTING United Alliance 2024 Pinnacle Product Award

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Autura Ink, a cloud native platform for ink formulation and quality control, is recognized by PRINTING United Alliance for its innovation and contribution to advancing the print industry.

GRAND RAPIDS, Mich., June 27, 2024 /PRNewswire-PRWeb/ — X-Rite Incorporated, a global leader in color science and technology, announced that Autura™ Ink received the PRINTING United Alliance 2024 Pinnacle Award for Color Management and Quality Control. A cloud-native solution, Autura Ink helps accelerate ink development by providing a centralized platform for all formulation, storage, approval, retrieval, and quality control needs for offset, flexo, gravure, and screen-printing inks. The Pinnacle Product Awards recognize products that significantly enhance the printing industry through exceptional quality, capability, and productivity.

Autura Ink represents a paradigm shift in ink development, management, and quality control. By consolidating critical processes into a single platform, ink suppliers, manufacturers and converters can fast track their ink development, minimize press downtime, and reduce press returns.

“We are thrilled to win the prestigious Pinnacle Product Award,” said Ming-Pong Liu, Software Solutions Product Manager, X-Rite. “Autura Ink represents a paradigm shift in ink development, management, and quality control. By consolidating critical processes into a single platform, ink suppliers, manufacturers and converters can fast track their ink development, minimize press downtime, and reduce press returns. Equally important, its modern, cloud-native architecture makes Autura Ink easier to deploy, maintain, and scale for future business needs.”

The Autura Ink platform simplifies data sharing between formulation, quality control, and PantoneLIVE. Users will no longer need to switch between applications to validate formulas, which is done seamlessly within the Autura platform. It also integrates with X-Rite spectrophotometers, including the eXact 2 Family, to create a connected workflow and enhance efficiency.

With Autura Ink, press operators can quickly identify ink variations and minimize downtime due to color mismatches. The integrated BestMatch™ feature allows operators to determine if an ink is within specification or if adjustments are needed. If the on-press color does not meet specifications, the Quick Correct feature facilitates ink formula adjustments to bring the press back on color quickly and reduce press returns. Autura Ink also supports a more sustainable approach to print production by promoting the reuse of materials.

“One of the things I like best about our competition is that it is juried, and judges are basing their decisions on objective criteria,” said Dawn Nye, Pinnacle Awards Program Manager, PRINTING United Alliance. “And, with outstanding entries like X-Rite Autura Ink, they had their work cut out for them.”

For more information about Autura Ink, visit https://www.xrite.com/categories/formulation-and-quality-assurance-software/autura-ink.

About X-Rite
Founded in 1958, X-Rite Incorporated is a global leader in the science and technology of color and appearance. X-Rite employs more than 800 people in 11 countries. The company’s corporate headquarters are located in Grand Rapids, Michigan, USA, with regional headquarters in Europe and Asia and service centers across Europe, the Middle East, Asia, and the Americas. X-Rite offers a full range of solutions used by manufacturers, retailers, printers, and graphic design houses to achieve precise management and communication of color and appearance throughout their processes. X-Rite products and services are recognized standards in the printing, packaging, photography, graphic design, video, automotive, paints, plastics, textiles and medical industries. For further information, please visit http://www.xrite.com.

©2024 X-Rite, Inc. All rights reserved.

Media Contact

Alicia Libucha, X-Rite, 857-205-0919, alicialibucha@xrite.com, http://www.xrite.com/

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SOURCE X-Rite

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Social Media Ban in Australia: What Online Casinos Can Learn on Responsible Gambling Practices? – Insights from CasinoAus

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SYDNEY, Dec. 23, 2024 /PRNewswire/ — Australia’s social media ban for under 16’s is a revolutionary step in internet regulation, and highlights an opportunity for the online casino industry to prioritise safe and enjoyable user experiences.

According to experts at CasinoAus, by addressing the shared neurological impacts of social media and betting, the casino industry can improve protection of vulnerable audiences by using proactive data-driven measures in player protection.

Instant Gratification is Turning Us into Dopamine Addicts

Research consistently shows that social media, betting, and online gaming activate the brain’s reward system, releasing dopamine and fostering potentially addictive behaviours. Australia’s social media restrictions highlight growing public health concerns regarding how platforms influence user behaviour.

The Effectiveness of “Gamble Responsibly” Under Scrutiny

A 2019 poll in Australia revealed that 70% of respondents believed the phrase “gamble responsibly” did little to combat problem gambling, while only 3% found it effective. Similarly, social media’s reliance on self-regulation has faced criticism for being reactive rather than preventative and how slogan-based campaigns don’t have enough impact.

Younger Demographics at Risk: A Growing Concern

According to research by Growing Up in Australia, nearly 10% of Australian teenagers report betting, despite it being illegal for minors and the casino industry taking steps in limiting their exposure to advertising.

Adolescents are particularly vulnerable to the effects of betting due to their undeveloped risk assessment abilities. Research links adolescent gambling to issues like depression, poor academics, and unemployment, with Australian data highlighting alarming trends.

5% of 16–17 year-olds reported betting on racing or sports the past year.6% of boys and 3% of girls had bet on sports.4% of boys and 3% of girls had bet on horse or dog races.

The online casino industry has the opportunity to address these concerns by adopting measures to create a safe environment that deters early exposure and addictive behaviours.

What the Casino Industry Can Learn

Industry experts at CasinoAus, think that it is a fantastic opportunity for the casino sector to position itself as a leader in responsible innovation. Key actions include:

Proactive Regulation: Voluntarily adopting higher advertising standards and safeguards for vulnerable audiences.Technological Solutions: Using tools like AI to identify risky behaviours and provide support tailored to individual needs.Collaboration for Impact: Partnering with public health organisations and regulators to implement evidence-based solutions.

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CARESYNTAX ANNOUNCES 2024 HIGHLIGHTS

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 Company Celebrates Continued Worldwide Progress Toward Data-Driven Surgery

SAN FRANCISCO and BERLIN, Dec. 23, 2024 /PRNewswire/ — Caresyntax, the leading vendor of data-driven surgical intelligence solutions to make surgery safer and smarter, today announced its highlights and achievements of 2024. The company achieved top line 2024 organic revenue growth over 50%, with its technology and services platform used in over 4,000 ORs across the world. Due to increasing commercial velocity in the US and EU hospital markets, and expansion into new geographies and industry verticals, the company was recognized with multiple industry awards including selection to the Fierce 15 most innovative companies and the 2024 German AI prize. The company also completed a $180 million fundraise to fuel this explosive top and bottom-line growth. The company forecasts continued velocity into 2025 with focus on scale, and operational deployment, and worldwide expansion.

Continued growth in core business lines: Integrated OR and Connected Surgery
Building upon its established footprint in Europe, Caresyntax further cemented its position as the leader in surgical intelligence and OR-integration solutions with new business awards in France (Nantes, Lyon), Germany (Berlin, Hamburg), Spain (Tenerife), and Switzerland (Fribourg, Morges), alongside expansion within its existing network of hospital partners. In addition to commercial revenue, these commercial partnerships also expanded the Caresyntax portfolio to include software, services, and Internet of Things (IoT) functionalities.

In the Americas, Caresyntax continued the commercial rollout of its advanced OR Integration Connected Surgery offering, inking deals with two different large hospital systems in Florida, along with hospitals in Mexico (Mexico City, Oaxaca, Campeche), and Chile (Santiago). The market has shown great interest in Connected Surgery’s benefits: a lightweight footprint, vendor-neutrality, cost-effectiveness compared to traditional OR integration, and future-proof capability for continuous evolution and updates through a cloud-based architecture. In addition to new hospital placements, the company also focused on value delivery and expansion within its flagship customers in the US, signing expansion deals for its OR analytics, OR scheduling, Video-Based Assessment, OR workflow, and Clinical Value Assessment solutions with key customers including Universal Health Services (UHS), the OSF Healthcare, the Ascension Health Alliance, and the University of Iowa.

New CDaaS offering for medtech partners: rapid adoption and uptake from industry
Launched at the J.P. Morgan Healthcare Conference in January 2024, Caresyntax completed the development and deployment of the Clinical Data as a Service (CDaaS) portfolio for medtech partners. Building upon decades of thought leadership by the company’s Chief Medical Informatics Officer, Bruce Ramshaw, MD, the company integrated his team’s continuous quality improvement methodology, advanced systems science, and user-friendly dashboard analytics into the Caresyntax platform. The key differentiators of the Caresyntax data collection platform include flexibility (no strict protocols, IRB, or patient consent), data accuracy (data ingestion, curation, and cleansing), and speed (data for publication within months, compared to years.) Most importantly, CDaaS offerings can be tailored around existing clinical evidence strategy, wrapping around trial sites or collecting data from entirely different clinical sites.
In its first year on the market, the portfolio developed into a multi-million-dollar business with win rates well above traditional SaaS business models (Caresyntax win rate above 40%), tremendous market upside (7 new partnerships signed in Q3 and Q4), outstanding retention rates (3 existing customers inked expansion or renewal), and annual revenue growth projected above 100%. In 2024, CDaaS data was used for 10 abstracts or poster presentations, 2 society presentations, 2 published manuscripts, and 1 FDA indication expansion. Caresyntax has signed deals with medtech customers across all surgical specialties, with interest from the complete range of partner sizes, from early-stage startups to multinational strategic players.

Leveraging Strategic Collaborations and Key Partnerships
In addition to its direct-to-customer activities, Caresyntax also established key partnerships that provide accretive revenue and additional avenues for commercial success. The company expanded its partnership with D-Scope technologies to co-develop data analysis tools and advanced reporting capabilities for use in public, private, Veterans Administration, and Department of Defense Hospitals. The company also inked a partnership with surgical startup Qaelon to create a decentralized registry for real world data, with the aspirational goal to update the standard of care for surgical leak detection. And most recently, the company signed an initial deal with the American Hernia Society to create the backend infrastructure and frontend data visualization platform for all its members. These partnerships show promise as multiplier opportunities for expansion and cross-sell of core Caresyntax platform capabilities further downstream.

Product Innovation
In 2024, Caresyntax furthered its application of AI in the operating room to transform healthcare. By integrating AI at critical points in surgical workflows, Caresyntax helped customers enhance efficiency, reduce errors, and unlock valuable insights from previously unusable data sources.

To assist with OR scheduling and throughput, Caresyntax introduced its Block Marketplace module across 25 hospitals and 670 practices nationwide.  Block Marketplace proactively identifies potential scheduling conflicts and resource availability issues, optimizes utilization, adapts to real-time demands, and serves as a marketplace for open surgery time, maximizing prime-time utilization of the operating room.

With the launch of Connected Surgery, Caresyntax introduced supervised machine learning algorithms to help surgical leaders with operational efficiency measures throughout the surgical suite: reducing turnover time, improving compliance with the surgical safety checklist, and identifying operational bottlenecks. Caresyntax also rolled out a new Turn-by-Turn Guidance module to help clinical teams navigate and prepare for different phases of surgery.

Core to all its product offerings are the diverse data flows coming out of the varied systems of the hospital. This year, the company launched several new capabilities to capture and curate diverse multimodal data, leveraging the functionality of Generative AI and Large Language Models (LLMs). With these evolving models, the company can make more use of complex and variable unstructured sources like surgical notes and medical records to inform better algorithms and products.

Significant Momentum and Focus on Data Streams in 2025
Carrying forward this significant momentum from 2024, the company is excited to continue its growth trajectory across the Americas, Europe, and the Middle East in 2025. In addition to its expanding list of clinical sites, the company is especially excited to harness the power of its growing database of data sourced directly from the OR environment. The Caresyntax platform captures unparalleled data from the surgical continuum, including pathway decisions, in-room video, surgical and endoscopic tower feeds, clinical and financial outcomes, supply chain and cost information, and pre- and post-operative patient information.  As the company expands its footprint of OR Integration and medtech customers, those integrations contribute to create the most rich, differentiated dataset available from the surgical environment. Throughout 2025, the company plans to expend significant R&D capacity on its proprietary data analytics engine, to drive unique and novel insights for clinical, administrative, regulatory, and commercial partners downstream.

About Caresyntax
Caresyntax is on a mission to make surgery smarter and safer by converging AI-powered software, devices, and clinical services to help customers improve surgical outcomes. Our vendor neutral, enterprise-grade surgical intelligence platform delivers actionable insights to improve patient outcomes by using proprietary software and artificial intelligence (AI) to analyze large volumes of video, audio, images, device data, clinical and operational data in and around the OR. This real-world evidence can be used by the care team live, during a procedure, and accessed by those outside the operating room via the platform’s dedicated telehealth link. After a procedure, the Caresyntax platform provides insights that help surgeons benchmark and improve their care, hospital administrators use surgical resources more efficiently, medical device companies advance better products, and insurance companies understand risk and devise more tailored policies. Headquartered in San Francisco in the US and internationally in Berlin, Caresyntax software is used in more than 3,000 operating rooms worldwide and supports surgical teams in more than three million procedures per year. For more information, visit Caresyntax.com

Caresyntax Contact:
info@caresyntax.com

US Media Contact:
info@caresyntax.com

International Media Contact:
Gargee Kashyap
Senior Marketing Manager
Gargee.kashyap@caresyntax.com

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FLATIRON REALTY CAPITAL LAUNCHES IRONLINC, A COMPREHENSIVE REAL ESTATE CLOUD PLATFORM FOR LENDERS

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New End-to-End Platform to Streamline Real Estate Operations

NEW YORK, Dec. 23, 2024 /PRNewswire/ — Flatiron Realty Capital, LLC (“Flatiron”), a private equity firm specializing in real estate lending, today announced the launch of IronLinc, an integrated system solution specifically designed to meet the needs of real estate lending professionals. Developed in-house by a dedicated team of engineers led by Chief Investment Officer and Chief Technology Officer Christopher Wolpert, the proprietary software offers a comprehensive end-to-end solution for managing deal pipelines, underwriting, and Customer Relationship Management (CRM) operations, providing seamless user experience.

This innovative platform reflects Flatiron’s commitment to creating industry-leading solutions for the real estate sector by bringing every key activity into one complete ecosystem. Now operating as an independent service powered by Flatiron Realty Capital, IronLinc’s intuitive design and capabilities are aimed at simplifying and enhancing the lending process.

“We are excited to unveil IronLinc, which represents a critical step forward in transforming how the real estate lending world operates,” said Edward Ostad, Founding Partner. “As a private equity firm, we want to continue to create value through innovation, and IronLinc is an extension of our success in the real estate lending space.”

Key Features of IronLinc:

Comprehensive Applications Suite IronLinc includes essential applications that streamline operations across all business phases with minimal training required:

Lead Generation & CRM

Loan Application Processing

Iron Fund Broker Portal Platform

Underwriting Platform

Servicing, Asset Management & Accounting (beta)

Integrated Development IronLinc offers:

Lightweight Application Programming Interface’s (API)I that integrate with Microsoft Office tools, providing seamless access to email, calendar, Teams, and to-do lists.

A flexible, intuitive front-end design that supports rapid development and deployment, enabling tailored business solutions and partnership opportunities.

Modern Cloud-Based Infrastructure

Fully cloud-oriented, ensuring secure messaging, document storage, and robust database architecture.

Combines the power of Microsoft Azure and Microsoft Graph to connect with familiar business applications, enhancing productivity and workflow.

“Our goal is to provide systems that enhance the experiences of our clients, brokers and real estate professionals, as the industry continues to experience rapid transformation brought on by AI and other new technologies,” Ostad added.

“The partners at Flatiron Realty Capital have made significant investment in this proprietary platform, setting the stage for future growth for the origination business as well as expansion into more tech-driven solutions across the real estate industry,” said Christopher Wolpert Chief Investment Officer and Chief Technology Officer.

“IronLinc has created unparalleled visibility into our pipeline and faster underwriting turn times. As we continue to expand our origination business, we view the platform as a key to reaching our 2025 target of $1 billion of production across fix-and-flip, bridge and ground up construction loans,” said Robert Talas, Founding Partner.

About Flatiron Realty Capital LLC

Flatiron Realty Capital was founded in 2018 as a privately funded real estate portfolio lender that offers alternative sources of financing to real estate developers and investors. Specializing in bridge loans, construction / rehabilitation financing, and 30-year rental investment products, Flatiron provides holistic solutions to satisfy the short-term and long-term financing needs of its core customer base.

Flatiron harnesses the hands-on, service-oriented approach of a local lender with the capital markets execution capabilities and technology-enabled infrastructure of a highly-scalable organization to offer customers proprietary credit solutions and customized service offerings.

For more information, please visit www.flatironrealtycapital.com

CONTACT: 

Barbara Wagner

Juliana Ferre          

Barbara Wagner Communications 

Barbara Wagner Communications

(917) 751-4387   

(787) 568-3876

barbara@bwagnerpr.com                         

juliana@bwagnerpr.com

 

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SOURCE Flatiron Realty Capital

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