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SAPIENS DECLARES CASH DIVIDEND OF $16.8 MILLION, OR $0.30 PER SHARE, FOR THE SECOND HALF OF 2024 AND A SPECIAL CASH DIVIDEND OF $20.1 MILLION, OR $0.36 PER SHARE, FOR 2024

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ROCHELLE PARK, N.J., March 26, 2025 /PRNewswire/ — Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that its board of directors has approved the distribution of a cash dividend, based on second-half 2024 results, of $0.30 per share, or $16.8 million in total. The dividend is in line with the Company’s policy of distributing on a semi-annual basis up to 40% of its annual non-GAAP net income and will be paid on April 16, 2025 to Sapiens’ shareholders of record as of April 7, 2025. In addition, the board of directors has approved distribution of a special cash dividend of $0.36 per share, or $20.1M in total. The total cash dividend distribution will be $0.66 per share, or $36.9M. The dividend is subject to withholding of Israeli tax at source at the rate of 25% of the dividend amount payable to each shareholder of record.

In reaching its decision to declare the special dividend, the Board of Directors evaluated such factors as the current and foreseeable liquidity and capital needs of Sapiens and felt comfortable issuing the special dividend and rewarding their longstanding shareholders.

“This dividend distribution to Sapiens’ shareholders underscores our company’s financial performance and our unwavering confidence in our strategic execution” stated Roni Al-Dor, President & CEO of Sapiens. “As a management team, we remain confident that strong markets for our products will continue to drive accretive growth and provide significant cash generation.”

Mr. Al-Dor further stated that, “We continued our solid performance in the second half of 2024, including increases in revenue in key markets, such as North America and Europe. I thank our shareholders, customers, partners, and employees for their steadfast loyalty and support, and we look forward to continuing our growth trajectory in the coming years.”

About Sapiens

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance SaaS-based software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. Our SaaS-based Solutions help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success. For more information visit https://sapiens.com or follow us on LinkedIn.

Investors and Media Contact
Sapiens
Yaffa Cohen-Ifrah
Chief of Marketing Officer and Head of Investor Relations, Sapiens
+1 917-533-4782
Email: yaffa.cohen-ifrah@sapiens.com

Hayden IR
Brett Maas
Managing Partner, Hayden IR
+1 646-536-7331
brett@haydenir.com

Kimberly Rogers
Managing Director, Hayden IR
+1 541-904-5075
kim@HaydenIR.com

Forward Looking Statements

Certain matters discussed in this press release that are incorporated herein and therein by reference are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that are based on our beliefs, assumptions and expectations, as well as information currently available to us. Such forward-looking statements may be identified by the use of the words “anticipate,” “believe,” “estimate,” “expect,” “may,” “will,” “plan” and similar expressions. Such statements reflect our current views with respect to future events and are subject to certain risks and uncertainties. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the degree of our success in our plans to leverage our global footprint to grow our sales; the degree of our success in integrating the companies that we have acquired through the implementation of our M&A growth strategy; the lengthy development cycles for our solutions, which may frustrate our ability to realize revenues and/or profits from our potential new solutions; our lengthy and complex sales cycles, which do not always result in the realization of revenues; the degree of our success in retaining our existing customers or competing effectively for greater market share; the global macroeconomic environment, including headwinds caused by lingering inflationary conditions and relatively high interest rates, which could adversely impact the budgets of our customers and potential customers for capital expenditures, and consequently, our revenues, profitability, and cash flows; difficulties in successfully planning and managing changes in the size of our operations; the frequency of the long-term, large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream; the challenges and potential liability that heightened privacy laws and regulations pose to our business; occasional disputes with clients, which may adversely impact our results of operations and our reputation; various intellectual property issues related to our business; potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers’ systems; risks related to the insurance industry in which our clients operate; risks associated with our global sales and operations, such as changes in regulatory requirements, geopolitical developments, tariffs and other barriers to cross-border sales, and fluctuations in currency exchange rates , which could adversely affect our results of operations; and risks related to our principal location in Israel and our status as a Cayman Islands company.

While we believe such forward-looking statements are based on reasonable assumptions, should one or more of the underlying assumptions prove incorrect, or these risks or uncertainties materialize, our actual results may differ materially from those expressed or implied by the forward-looking statements. Please read the risks discussed under the heading “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2023, filed on March 26, 2024, and our Annual Report on Form 20-F for the year ended December 31, 2024, to be filed in the near future, in order to review conditions that we believe could cause actual results to differ materially from those contemplated by the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.

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SOURCE Sapiens International Corporation

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BlackDoctor.org Announces Inductees in First Hall of Fame, BDOs Highest Distinction, Recognizing Lifetime Achievements in the US Healthcare Industry

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3 hours ago

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April 5, 2025

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CHICAGO, April 4, 2025 /PRNewswire/ — In a historic moment, BlackDoctor.org (BDO) inducts its first class into the inaugural TBH Hall of Fame, BDOs highest distinction. This milestone, to be announced during the 10th anniversary of the Top Blacks in Healthcare Awards Ceremony, honors those who have made groundbreaking contributions and impacted the lives of generations to come.

A Key Partner to Healthcare Stakeholders, BDO Prepares Unforgettable Experience at Fontainebleau Miami April 9-10, 2025.

The inductees, selected through a rigorous and thoughtful process, have demonstrated unwavering dedication to improving and saving lives. Their innovations, leadership, and advocacy have transformed the lives of millions of Black Americans.

“It is our honor and pleasure to recognize 11 exceptional individuals who are industry leaders in healthcare. Their long-lasting impact should never be forgotten,” said Reggie Ware, CEO, BlackDoctor.org. “The TBH Hall of Fame is a first for BDO, and we felt it was the perfect time given it’s our 10th anniversary for Top Blacks in Healthcare and our 20th anniversary for BlackDoctor.org.” 

Added Executive Editor Jade Curtis, “The TBH Hall of Fame inductees leave a legacy that will continue to inspire future generations, and we remain committed to sharing their stories because we know that where there is no vision, the people perish.”

Introducing: The Inaugural class of 2025 TBH Hall of Fame Inductees

The Hall of Fame honors 11 medical giants to cement their rich legacy in their rightful place in history. In addition to the Hall of Fame, BDO recognizes this year’s 12 distinguished TBH honorees for innovative thinking, contributions and leadership that inspire greatness in our industry – for now and for generations to come.

Vanessa Broadhurst, EVP, Global Corporate Affairs, Johnson & Johnson, Zoetis Board Member
Craig Emmitt Cole, MD, Hematologist, Karmanos Cancer Institute    
Tony Ezell, Executive Vice President, President of the Americas, BD (Becton, Dickinson and Company)
Reshema Kemps-Polanco, Executive Vice President and Chief Commercial Officer, Novartis
Michael LeNoir, MD, F.A.A.P, F.A.A.A.A Pediatrician, allergist
Freda Lewis-Hall, MD, Life Sciences Leader
Ted Love, MD, Chair, BIO Board of Directors
Myrtle Potter, Chair and CEO, Director, Former Chair & CEO, Sumitomo Pharma America
Reed Tuckson, MD, FACP, Managing Director of Tuckson Health Connections
Mitzi Joi Williams, MD, Founding Medical Director at Joi Life Wellness Group Neurology Center in Atlanta, GA
Richard Allen Williams, MD, Founder and President of the Minority Health Institute and Association of Black Cardiologists (ABC)

Hall of Fame inductees offer advice for aspiring leaders:

“Innovate with empathy.  When empathy is combined with transformational science and excellent business acumen, the remarkable is possible,” said Reshema Kemps-Polanco, Executive Vice President and Chief Commercial Officer, Novartis. “Seek to understand the lived experiences of those you aim to serve- patients, caregivers, healthcare systems, and those who invest in your endeavors.”

“Be prepared to work hard,” advised Ted Love, MD, Chair, BIO Board of Directors. “The path to success in this field is competitive. However, if you genuinely love the work, you’ve already won half the battle.”

“Keep your mentors but secure sponsors, who are senior individuals who take actions on your behalf,” advised Myrtle Potter, Chair and CEO, Director, Former Chair & CEO Sumitomo Pharma America

“Be authentic. Apply your unique insights, perspectives and experiences to your work. You will then bring truly novel solutions,” said Freda Lewis-Hall, MD, Life Sciences Leader.

“My best advice for future generations of Black doctors is not to let anyone define you and tell you what you can or cannot do,” said Richard Allen Williams, MD, Founder and President of the Minority Health Institute and Association of Black Cardiologists (ABC).

About BlackDoctor.org (BDO)  

BlackDoctor.org is the leading health and wellness destination for people of color, leveraging culture, content and technology to transform people’s lives for the better.

Celebrating its 20th year, BDO has a monthly audience reach of 26 million on social media and 6.5 million monthly visitors to its website. BlackDoctor.org boasts the largest online database of Black physicians and dentists as part of its free doctor search tool.  BDO has leveraged AI to create the “BlackDoctor Chat bot” which is the first AI tool providing culturally relevant answers to Black consumers’ most pressing health questions.  Consumers can ask it anything they want!

View original content to download multimedia:https://www.prnewswire.com/news-releases/blackdoctororg-announces-inductees-in-first-hall-of-fame-bdos-highest-distinction-recognizing-lifetime-achievements-in-the-us-healthcare-industry-302421282.html

SOURCE Black Doctor.org

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WAVLINK Giant Stream6 AI-Powered WiFi 6 Router Receives Strong Support Within 48 Hours on Kickstarter

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4 hours ago

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April 5, 2025

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Combining AI-enhanced connectivity with Advanced Security, the Giant Stream6 Brings the Future of WiFi to Every Home

NEW YORK, April 4, 2025 /PRNewswire/ — Just two days after launching on Kickstarter, the WAVLINK Giant Stream6 AI-Enhanced AX6000 Router has captured the attention of tech enthusiasts and families alike, quickly surpassing initial funding goals. The Giant Stream6 is designed for a new generation of high-speed, AI-optimized internet that adapts seamlessly to the connectivity needs of every household, delivering performance and security with effortless precision. By combining cutting-edge WiFi 6 technology, intelligent traffic management, and robust security features, the Giant Stream6 is changing how users experience home connectivity.

“We are beyond thrilled by the support and enthusiasm we’ve received,” shares John, WAVLINK’s CEO. “It’s clear that today’s users are ready for a smarter, more intuitive router experience, and the Giant Stream6 delivers just that. We designed this router to handle everything from gaming to streaming to remote work—all while providing top-tier security and ease of use for families.”

Standout Features of the Giant Stream6:

AI-Enhanced QoE Modes: Adaptive modes (AI, Gaming, Streaming, Meeting, and Work From Home) automatically prioritize bandwidth to fit the moment, ensuring each device gets the performance it needs, precisely when it needs it.WiFi 6 Speeds and Coverage: With dual-band speeds reaching up to 6000 Mbps and eight omnidirectional antennas, the Giant Stream6 blankets large homes with fast, reliable connectivity.Advanced Security Suite: Built-in AD GuardHome, Secure DNS, VPN Privacy Protection, and a dedicated Guest WiFi network offer peace of mind, safeguarding the family’s digital experience.Mesh Compatibility: Paired with WAVLINK Everything Mesh, the Giant Stream6 eliminates dead zones, providing seamless coverage across every room.Parental Controls & Easy Management: Users can set screen time limits, content filters, and device prioritization from an intuitive interface, making network management simple and accessible.

Elevating Home Connectivity with Intelligent, User-Friendly Design

The Giant Stream6 is more than just a high-performance router; it’s a digital companion designed to evolve with users’ needs. Its AI-driven QoE modes adapt automatically, managing traffic without the need for constant adjustments. From uninterrupted gaming sessions to smooth video calls and secure browsing, the Giant Stream6 is redefining what a home network can achieve.

WAVLINK: Redefining Connectivity for Modern Living

WAVLINK continues to innovate with the mission to enhance daily life through better connectivity. The Giant Stream6 is the latest addition to a lineup of products aimed at making tech simple, efficient, and powerful—empowering users to do more in a connected world.

To join the campaign and back the Giant Stream6 on Kickstarter, visit here.

More WAVLINK products, click here.

Contact: 
zhouying@wavlink.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/wavlink-giant-stream6-ai-powered-wifi-6-router-receives-strong-support-within-48-hours-on-kickstarter-302420785.html

SOURCE Wavlink

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BlackDoctor.org Announces Inductees in First Hall of Fame, BDOs Highest Distinction, Recognizing Lifetime Achievements in the US Healthcare Industry

Published

5 hours ago

on

April 5, 2025

By

CHICAGO, April 4, 2025 /PRNewswire/ — In a historic moment, BlackDoctor.org (BDO) inducts its first class into the inaugural TBH Hall of Fame, BDOs highest distinction. This milestone, to be announced during the 10th anniversary of the Top Blacks in Healthcare Awards Ceremony, honors those who have made groundbreaking contributions and impacted the lives of generations to come.

A Key Partner to Healthcare Stakeholders, BDO Prepares Unforgettable Experience at Fontainebleau Miami April 9-10, 2025.

The inductees, selected through a rigorous and thoughtful process, have demonstrated unwavering dedication to improving and saving lives. Their innovations, leadership, and advocacy have transformed the lives of millions of Black Americans.

“It is our honor and pleasure to recognize 11 exceptional individuals who are industry leaders in healthcare. Their long-lasting impact should never be forgotten,” said Reggie Ware, CEO, BlackDoctor.org. “The TBH Hall of Fame is a first for BDO, and we felt it was the perfect time given it’s our 10th anniversary for Top Blacks in Healthcare and our 20th anniversary for BlackDoctor.org.” 

Added Executive Editor Jade Curtis, “The TBH Hall of Fame inductees leave a legacy that will continue to inspire future generations, and we remain committed to sharing their stories because we know that where there is no vision, the people perish.”

Introducing: The Inaugural class of 2025 TBH Hall of Fame Inductees

The Hall of Fame honors 11 medical giants to cement their rich legacy in their rightful place in history. In addition to the Hall of Fame, BDO recognizes this year’s 12 distinguished TBH honorees for innovative thinking, contributions and leadership that inspire greatness in our industry – for now and for generations to come.

Vanessa Broadhurst, EVP, Global Corporate Affairs, Johnson & Johnson, Zoetis Board Member
Craig Emmitt Cole, MD, Hematologist, Karmanos Cancer Institute    
Tony Ezell, Executive Vice President, President of the Americas, BD (Becton, Dickinson and Company)
Reshema Kemps-Polanco, Executive Vice President and Chief Commercial Officer, Novartis
Michael LeNoir, MD, F.A.A.P, F.A.A.A.A Pediatrician, allergist
Freda Lewis-Hall, MD, Life Sciences Leader
Ted Love, MD, Chair, BIO Board of Directors
Myrtle Potter, Chair and CEO, Director, Former Chair & CEO, Sumitomo Pharma America
Reed Tuckson, MD, FACP, Managing Director of Tuckson Health Connections
Mitzi Joi Williams, MD, Founding Medical Director at Joi Life Wellness Group Neurology Center in Atlanta, GA
Richard Allen Williams, MD, Founder and President of the Minority Health Institute and Association of Black Cardiologists (ABC)

Hall of Fame inductees offer advice for aspiring leaders:

“Innovate with empathy.  When empathy is combined with transformational science and excellent business acumen, the remarkable is possible,” said Reshema Kemps-Polanco, Executive Vice President and Chief Commercial Officer, Novartis. “Seek to understand the lived experiences of those you aim to serve- patients, caregivers, healthcare systems, and those who invest in your endeavors.”

“Be prepared to work hard,” advised Ted Love, MD, Chair, BIO Board of Directors. “The path to success in this field is competitive. However, if you genuinely love the work, you’ve already won half the battle.”

“Keep your mentors but secure sponsors, who are senior individuals who take actions on your behalf,” advised Myrtle Potter, Chair and CEO, Director, Former Chair & CEO Sumitomo Pharma America

“Be authentic. Apply your unique insights, perspectives and experiences to your work. You will then bring truly novel solutions,” said Freda Lewis-Hall, MD, Life Sciences Leader.

“My best advice for future generations of Black doctors is not to let anyone define you and tell you what you can or cannot do,” said Richard Allen Williams, MD, Founder and President of the Minority Health Institute and Association of Black Cardiologists (ABC).

About BlackDoctor.org (BDO)  

BlackDoctor.org is the leading health and wellness destination for people of color, leveraging culture, content and technology to transform people’s lives for the better.

Celebrating its 20th year, BDO has a monthly audience reach of 26 million on social media and 6.5 million monthly visitors to its website. BlackDoctor.org boasts the largest online database of Black physicians and dentists as part of its free doctor search tool.  BDO has leveraged AI to create the “BlackDoctor Chat bot” which is the first AI tool providing culturally relevant answers to Black consumers’ most pressing health questions.  Consumers can ask it anything they want!

View original content to download multimedia:https://www.prnewswire.com/news-releases/blackdoctororg-announces-inductees-in-first-hall-of-fame-bdos-highest-distinction-recognizing-lifetime-achievements-in-the-us-healthcare-industry-302421282.html

SOURCE Black Doctor.org

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