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Vance Street Capital Completes Growth Investment in Pro-Vision

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Partnership will bolster Pro-Vision’s commercial and engineering strategy, reinforcing the Company’s position as a leading player in the safety and security ecosystem

LOS ANGELES, Sept. 26, 2024 /PRNewswire/ — Vance Street Capital (“Vance Street”), a Los Angeles based private equity firm, today announced it has partnered with Pro-Vision (the “Company”) to support the business and management team during this next chapter of its growth story. Pro-Vision is a North American provider of video monitoring solutions for the commercial, K-12 transit, and public safety end markets. The acquisition represents Vance Street’s first platform investment out of Vance Street Capital IV L.P. and leverages the firm’s experience in industrial technology as well as in the critical asset monitoring space.

Headquartered in Grand Rapids, Michigan, Pro-Vision is an end-to-end mobile video solution provider that specializes in designing, assembling, and bundling a comprehensive and customizable suite of video solutions for critical asset monitoring. Pro-Vision’s cameras, monitors, recording & storage devices, managed install services, and Video-as-a-Service (“VaaS”) software platform provide customers a clear and tangible ROI related to cost savings (e.g., insurance savings) as well as enhanced safety and reduced liability (e.g., accident reduction, improved driver performance).

Founded in 2003, Pro-Vision has a long heritage and strong foundation of providing differentiated, safety-focused solutions for its customers. Through organic investments in the engineering team and expansion of the Company’s hardware and software capabilities, Pro-Vision has built a strong reputation as a valued partner recognized for its customer service, reliability and high-quality products. As part of the transaction, the Pro-Vision management team will reinvest, retain an ownership position, and continue to lead the business going forward. “On behalf of the entire Pro-Vision team, we couldn’t be more excited to begin this next chapter with Vance Street,” said Mike Finn, CEO of Pro-Vision. “This partnership gives us the green light to invest in the business, both organically and through M&A, and will allow us to continue to focus on providing our customers with the highest quality mobile safety and security products and services. Vance Street brings a complementary, growth-oriented playbook geared toward fine-tuning our strategy and processes, which is a perfect fit for our organization.”

“Pro-Vision has an impressive track record of product innovation across hardware, firmware and software, as well as in growing and executing on its pipeline across new and existing end markets,” said John LeRosen, Partner at Vance Street. “Pro-Vision is a great representation of the type of businesses Vance Street looks to invest in.”

“With Vance Street’s support and capital, Pro-Vision will be able enhance its product development pipeline and continue to provide current and future customers with best-in-class products and services,” Yousaf Tahir, Principal at Vance Street, added. “Vance Street’s ability to leverage its experience in industrial technology, and more specifically critical asset monitoring for safety and security related applications, makes Pro-Vision a great fit.”

Goodwin Proctor LLP acted as legal advisor and Current Capital Partners served as financial advisor to Vance Street Capital. PMCF Investment Banking served as financial advisor and Goodwin Proctor LLP served as legal advisor to JMC Capital Partners LLC and Pro-Vision. Debt financing for the transaction was provided by Barings. Terms of the transaction were not disclosed.

About Vance Street Capital LLC

Vance Street Capital is a middle-market private equity firm focused on investing in highly engineered solutions businesses across the medical, life science, industrial technology, and aerospace & defense sectors. For over two decades, Vance Street’s partners have worked with management teams and family owners to accelerate revenue growth, improve operations and acquire strategic assets for the companies in their investment portfolio. For more information please visit: www.vancestreetcapital.com.

Media Contact:
Natalie Yates
Head of Business Development and Investor Relations
nyates@vancestreetcapital.com

View original content:https://www.prnewswire.com/news-releases/vance-street-capital-completes-growth-investment-in-pro-vision-302260254.html

SOURCE Vance Street Capital

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MySize to Showcase Retail AI Innovations at NRF 2025 and CES 2025

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Strong Technology Advancements and Strategic Vision for a Bright 2025

AIRPORT CITY, Israel, Jan. 2, 2025 /PRNewswire/ — MySize, Inc. (NASDAQ: MYSZ) (“MySize” or the “Company”), a market-leading provider of AI-driven sizing solutions and omnichannel e-commerce platforms, is thrilled to announce its participation in **CES 2025** and **NRF 2025**. The Company will unveil its latest technological advancements that set new industry standards and highlight MySize’s position as the dominant innovator in fashion retail technology.

 

Key Innovations to Be Unveiled at NRF 2025 and CES 2025

Ecomm Technologies – Revolutionizing the Online Shopping Experience
MySize will showcase its AI-powered virtual try-on remade solution, integrated with its proprietary Size Recommendations engine. This breakthrough technology will allow customers to:
✔️ Accurately determine their size for any garment using advanced AI algorithms
✔️ Visualize products on themselves before purchase with unprecedented precision
This unique innovation aims to redefine e-commerce, and its seamless integration with return management platforms is expected to streamline processes for both brands and consumers.True Feedback – Comprehensive Consumer Insights
At NRF 2025, MySize will present its industry-first community app, designed to provide brands with:
✔️ Real-time customer feedback on online and offline shopping experiences
✔️ AI-powered insights into brand perception
✔️ Competitive benchmarking data powered by machine learning
These pioneering insights are designed to empower brands to refine their strategies, improve customer satisfaction, and boost overall performance.Kids AI – Smarter Sizing for Growing Children
MySize will reveal its breakthrough Kids AI solution, which provides precision in size recommendations for children based on proprietary growth pattern algorithms.
✔️ This first-of-its-kind innovation aims to address a critical gap in the children’s wear market, helping parents select garments that fit now and remain wearable for longer.Smart Catalogue – Real-Time Data-Driven Size Optimization
The revolutionary Smart Catalogue will be featured as a transformative solution for updating brand size charts and patterns in real-time. Powered by:
✔️ Exclusive user data from MySize’s Size Form platform
✔️ Industry-leading market standards derived from comprehensive surveys
This unique innovation is set to transform return rates, enhance customer satisfaction, and optimize garment design.Naiz Fit Connector – An Open Platform for Industry Innovation
MySize will demonstrate the groundbreaking Naiz Fit platform, which facilitates collaboration with advanced technology providers, such as:
✔️ Proprietary AI tools for digital photo shoots to reduce production costs
✔️ Next-generation 3D garment design tools to streamline product development

CEO’s Vision: A Brighter 2025

” Our presentations at NRF 2025 and CES 2025 will showcase how MySize’s proprietary AI technology is helping to revolutionize fashion retail,” said Ronen Luzon, CEO of MySize, Inc. 

“Our breakthrough AI algorithms and machine learning capabilities are creating opportunities in the fashion-tech space. These innovations demonstrate MySize’s technological leadership and our ability to deliver solutions to the market. As we prepare for a brighter 2025, I’m confident that our advanced AI technologies will not only set new industry standards but also solidify MySize’s position as a leader in fashion-tech innovation.”

About MySize, Inc.

MySize, Inc. (NASDAQ: MYSZ) is a global leader in omnichannel e-commerce platforms and AI-driven sizing solutions, including MySizeID and Naiz Fit. The Company’s solutions are designed to drive revenue growth, reduce operational costs, and enhance customer experiences for business clients worldwide.

We routinely post information that may be important to investors in the Investor Relations section of our website. Follow us on Facebook, LinkedIn, Instagram,and X (formerly known as Twitter).

For more information, visit www.mysizeid.com.

Forward-looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements related to its strategic and business plans, technology, relationships, objectives, and expectations for its business, growth,. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

Investor Contacts

Or Kles, CFO
Email: ir@mysizeid.com

Logo: https://mma.prnewswire.com/media/689689/3320229/MySize_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/mysize-to-showcase-retail-ai-innovations-at-nrf-2025-and-ces-2025-302341214.html

SOURCE My Size Inc.

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Powercast Unveils Wirelessly-Powered Products at CES: Smart Lacrosse Ball, Award-Winning Home Sensors, Magnetic Resonance Applications and More

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As the only one-stop shop for wireless power, Powercast is showcasing a diverse portfolio of sustainable devices—including smart sports equipment, home sensors, and industrial applications—that eliminate battery maintenance and reduce environmental impact

PITTSBURGH, Jan. 2, 2025 /PRNewswire/ — Poised for explosive growth, the wireless power market is projected to reach US $52.4 billion by 2030. Leading this trend, Powercast Corporation—the industry’s only one-stop shop—will showcase its latest wirelessly-powered innovations at CES 2025 (Venetian Expo, booth #51716, January 7-10, Las Vegas). “We’re experiencing growing demand as both industrial and consumer markets prioritize sustainable and efficient power solutions,” explains Charles Greene, Ph.D., COO and CTO of Powercast, “which fuels our commitment to continuous innovation in wireless power technology.”

Experience the Future of Wireless Power with Powercast at CES 2025

Some of the wirelessly-powered products that Powercast will showcase include:

Magnetic Resonance Over-the-Air Charging: Powercast is joining forces with Etherdyne Technologies (ETI) to advance wireless power transfer technology in 2025. In the sneak peek at CES, the companies will demonstrate the Wire-Free Power™ Minimalist Desk which is capable of providing up to 100 Watts of power to multiple devices simultaneously, all without wires. The desk demonstration features a computer monitor, laptop charging stand, desk lamp, and Qi-compatible phone charger, all powered wirelessly over the air using magnetic resonance technology. “We are excited to team with Powercast, combining our Wire-Free Power™ technology with Powercast’s vision of delivering ubiquitous wire-free products,” said Jeff Yen, Co-Founder and CEO of ETI. “ETI’s system creates a 3D magnetic energy field that covers spaces as small as a shoebox (0.1 cubic meters) or as large as an entire room (200 cubic meters), providing flexibility for manufacturers developing wire-free, battery-free devices.”

R1 Smart Lacrosse Ball with Over-the-Air RF (Radio Frequency) Charging: The Smart Lacrosse Ball, the first product built on the SmartCore platform crafted by Get Reps, combines technology with the durability and performance of a traditional lacrosse ball. High-precision accelerometers and gyroscopes embedded in the SmartCore track shot speed, reps, release metrics, and ball movement, and the analytics data automatically updates via Bluetooth Low Energy (BLE) to a phone app to provide actionable insights to players and coaches to enhance performance. “Powercast’s advanced RF wireless charging technology is a perfect power solution for the smart ball because it can charge the battery through a ball, keeping the design and balance, because it needs no external charging ports or coils,” said Joe Pompo, Co-Founder/CEO at Get Reps. “We are excited to implement this technology into other sports balls in 2025.”

Wireless Smart Home Automation Sensor Technology with Over-the-Air RF Charging: A CES Innovation Awards Honoree in the Sustainability/Energy Category, this technology lets manufacturers create and perpetually power sustainable, untethered, battery-free wireless smart home automation sensors (window, door, temperature, light, humidity, water, and motion sensors), that will: 1) integrate into smart-home ecosystems (Google Home, Amazon Alexa, Samsung SmartThings) using Matter (connectivity standard) and Thread (wireless protocol), 2) install anywhere, 3) eliminate the need for expensive home wiring, and 4) eliminate batteries and their inconvenient, expensive maintenance. Powercast is demonstrating two sensors – water detection and window position – at CES.

Powering a Battery-Free Future

Powercast empowers its partners to create sustainable, wirelessly-powered electronic devices—with or without rechargeable batteries—eliminating the inconvenience and expense of battery maintenance while significantly reducing the environmental impact of disposable batteries. This approach keeps batteries out of landfills and promotes a more sustainable future.

Other wirelessly-powered product demos displayed at CES will include:

Battery-free tire monitoring sensors powered over the air using RF, which can even penetrate rubber, that can be sealed into tires and other products that are either hard to access or in motion.

Provided via Powercast’s partnership with Powermat, powerful, contact-based SmartInductiveTM charging designed for power-hungry products such as drones, robots, power tools, micro-mobility and medical devices.

RFID readers are already installed in the retail, warehousing and logistics industries – and now also used by the Digital Product Passport (DPP) initiative passed by the EU – and can serve as the RF power source for Powercast to power products instead of having to install RF transmitters.

“Our vision is a world where power is ubiquitous, sustainable, wire-free, and seamlessly accessible,” states Greene. “Our ultimate goal is true wireless freedom through an ecosystem of connected transmitters and receivers, both in the public and private domains, which provide people, products and machines the ability to move around freely with seamless access to power.”

Multimedia assets are available: https://drive.google.com/drive/folders/17ipZKiiVbHC24qW4D6q0xglj3DFOJtjL?usp=drive_link

About Powercast
Powercast Corporation is the one-stop-shop for all things wireless power, short to long range and microwatts to kilowatts, with the industry’s broadest technology offering covered by over 300 patents worldwide. Our mission is to revolutionize the way the world accesses and uses power by delivering innovative wireless solutions – from power-over-distance RF charging to powerful contact-based inductive charging to Lifetime Power® 25-year battery life sensors – that change communities and contribute to a brighter sustainable future for generations to come.

Powercast is leading the way in transforming the power landscape, creating a world where wireless power solutions are seamlessly integrated into our daily lives. We are at the forefront of sustainability, productivity, and convenience, envisioning a future where every device is charged wirelessly, every task is simplified, and every action leaves a smaller ecological footprint. https://www.powercastco.com

Contact:
Nicole Strike
Powercast Corporation
nstrike@powercastco.com
412.923.4779

Click here for more details about our booth at: https://ces25.mapyourshow.com/8_0/exhibitor/exhibitor-details.cfm?exhid=0013000001KaOCoAAN

View original content to download multimedia:https://www.prnewswire.com/news-releases/powercast-unveils-wirelessly-powered-products-at-ces-smart-lacrosse-ball-award-winning-home-sensors-magnetic-resonance-applications-and-more-302341045.html

SOURCE Powercast

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MasterClass Announces The Power of Mindset to Help Members Turn Challenges Into Growth and Optimal Performance

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Leading psychological scientists David Yeager and Carol Dweck teach members how a powerful shift in perspective can transform their careers and personal lives, one new skill at a time

SAN FRANCISCO, Jan. 2, 2025 /PRNewswire/ — MasterClass, the streaming platform where anyone can learn from the world’s best, today announced The Power of Mindset. Growth mindset has been a fixture of business, politics and pop culture since psychology professor Carol Dweck published her landmark 2006 book Mindset: The New Psychology of Success. Recently, Dweck’s longtime collaborator David Yeager, the bestselling author of 10 to 25, extended the growth mindset framework to identify the leadership style of high-performing managers, parents, coaches and educators, called a “Mentor Mindset.” In this class, Yeager and Dweck draw on the science of mindset to show how members can develop new skills, overcome stress and setbacks, and use a mentor mindset to optimize performance and change lives at work, at home, on the sports field, and in the classroom. The class is available now exclusively on MasterClass, where subscribers have unlimited access to 200+ instructors with an annual membership.

This class is for everyone who wants to perform at their best and help others to do the same—whether they’re a manager, student, an athlete, a coach, a parent, or a teacher. It’s led by Dweck and Yeager, whose pioneering work on mindsets has touched millions. They clearly present the highlights from decades of rigorous research. They accompany this with relatable, practical, and inspiring stories so that members understand how to put mindsets into action right away. The class features exclusive interviews with three special guests whose motivating stories bring mindset science to life—private equity founder and chairman, philanthropist and Pro Football Hall of Famer Steve Young; parenting coach Lorena Tareszkiewicz Seidel; and law enforcement officer Jeremy Bohannon of the Austin Police Department.

Key lessons include:

Mastering Growth Mindset: Yeager and Dweck provide a canonical take on growth mindset and clear up misconceptions that sprung up as the concept grew in popularity. They also explain why a growth mindset is powerful and how anyone can cultivate it.Convert Stress Into Fuel: Members will learn how society’s conventional view of stress is wrong, misleading, and undermines performance. They will learn how to reframe stress as a source of fuel that can drive optimal performance.Practical Strategies for Everyday Growth: Yeager explains that expert leaders don’t just believe growth is possible; they take active steps to challenge and support others’ growth. This “mentor mindset” is a powerful way to elevate team performance.Stop Fighting with Your Kids and Start Inspiring Them: Yeager and Seidel offer parenting techniques rooted in the mentor mindset that can head off tantrums and can turn each family fight into an opportunity for productive skill-building.Revive Relationships: Instructors will teach members that disagreements are not signs of a bad relationship, while the right mindset can open up opportunities to get closer.Real-World Applications: Stories from experts will attest to the power of mindset, including Steve Young, who reveals that his years of NFL glory came after learning from early failures and difficulties. The story of his climb will inspire members—even those who aren’t sports fans.

“The power of mindset is about harnessing what we believe to shape who we become,” said Yeager. “In this class, my colleagues and I will show members how to adopt a mindset at home, at work and beyond, to bring out the best in themselves and others. The goal of this class is to give members the tools that they can use over the long haul, for the challenges that matter most to them, both as they pursue personal growth and as they strive to lead others.”

Embed & view the trailer here: https://youtu.be/iYSulLpqcyg

Download stills here: https://masterclass.dam.aprimo.com/dam/collections/97481c5415d74338901ab24b01616978
Credit: Courtesy of MasterClass

About MasterClass:
MasterClass is the streaming platform that provides the insights, tools and lived experiences of the world’s best so you can become your best. In as little as 10 minutes, you can gain new skills that can be applied immediately. With an annual membership, you get unlimited access to 200+ instructors and classes through flexible formats for any way you like to learn. Shift the way you see and experience the world through a wide range of subjects, including business and leadership, writing, cooking, acting, sports and more. Cook with Gordon Ramsay. Write with Shonda Rhimes. Get negotiation tactics from Chris Voss. Learn how to navigate relationships with Esther Perel or make bold choices with Samuel L. Jackson. Original Series provides a new way to learn through quick, highly engaging episodic stories designed to change the way members see the world. With MasterClass at Work, companies can develop durable skills that transform employees into future-ready leaders through cinematic lessons and life-changing stories taught by the world’s best. Each MasterClass offering is available at home or on the go on mobile, tablet, desktop, Apple TV®, Android™TV, Amazon Fire TV and Roku® players and devices.

Media Contact:
Tawnya Bear, MasterClass
press@masterclass.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/masterclass-announces-the-power-of-mindset-to-help-members-turn-challenges-into-growth-and-optimal-performance-302340782.html

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