Saturday, May 4, 2024

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Strangeworks Announces General Availability of Advanced Compute Platform

Following recent $24 million Series A, company expands platform beyond quantum computing to provide classical and quantum-inspired solutions to customers. ...

ValutECO is the New Groundbreaking ESG Tool for Sustainable Business Valuations

Valutico's latest launch, ValutECO, empowers finance professionals to conduct valuations based on ESG criteria.

Leading the way in sustainable finance, Valutico has launched ValutECO, an advanced tool that assesses the value of companies based on their environmental impact. With this groundbreaking announcement, the valuation platform Valutico has made a significant step into integrating sustainability into the widespread practice of valuing businesses. 

Valutico's newly launched tool, currently in an 'alpha' trial phase, allows accountants, M&A consultants, investment managers, private equity professionals, and those in corporate finance to consider the impact of Environmental, Social and Governance (ESG) factors on a company's value. By addressing the potential links between ESG and financial performance, ValutECO is leading the way towards incorporating sustainability into financial theory and practice.

ValutECO Explained

With ValutECO, financial professionals use a streamlined ESG assessment, specifically designed with small and medium-sized enterprises (SMEs) in mind and simplified to facilitate easier reporting. Analysts can identify priority areas for improvement, such as reducing greenhouse gas emissions, managing water usage, and increasing recycling rates. 

Valutico's pioneering new tool integrates ESG scores into the 'Cost of Capital' component of a Discounted Cash Flow (DCF) valuation. This revolutionary feature allows companies with positive ESG scores to be valued higher, making them more attractive to potential buyers and investors seeking sustainability and long-term growth.

ValutECO was developed following a grant by Wirtschaftsagentur Wien, and follows research into the impacts of ESG criteria on the valuations of businesses across multiple industries, alongside validation that the condensed ESG assessment reflects more exhaustive assessments on the market. 

Impact on Sustainability

The widespread adoption of a tool like ValutECO has the potential to be a game-changer for sustainability in industries all around the world. It would financially incentivize companies to prioritize sustainability and embed environmental factors as a key component of their everyday operations. This would result in one way in which companies' impact on the planet becomes a crucial aspect of buying, selling, and investing decisions.

Valutico acknowledge that the integration of ESG into financial analyses is an ongoing conversation requiring further academic study, but they're optimistic that their new tool ValutECO will contribute to steering the conversation in the direction of a more sustainable future. 

Valutico's CEO, Paul Resch states:

"Leading the way in integrating sustainability into financial practices is a significant accomplishment for Valutico. We recognize the importance of ValutECO as an initial step towards achieving this goal, and we're grateful for the grant provided by Wirtschaftsagentur Wien that made this possible. We're looking forward to receiving feedback from financial professionals on how this innovative tool can enable sustainable growth and we're excited for what lies ahead."

About Valutico

Valutico is the world's leading valuation platform. Valutico's all-in-one software allows finance professionals to value a company in minutes by providing data-driven tools to conduct analyses faster and more accurately. 

Used by more than 600 financial firms in 80 countries, the powerful platform is popular amongst professionals in advisory roles such as in Corporate Finance, M&A, and Tax and Audit, as well as Investment Managers, Venture Capitalists, and Family Offices. 

Founded in 2017, and headquartered in Vienna with subsidiaries in the U.S. and U.K., Valutico operates worldwide with an ever-expanding network of valuation practitioners using its platform, consultancy services, and valuation training.

Contact Information:
Alex Harris
Head of Marketing
[email protected]
07555763438

Alexandra Allason
PR Manager
[email protected]
+43 677 62917816


Original Source: ValutECO is the New Groundbreaking ESG Tool for Sustainable Business Valuations

Rachael Sage Releases Empowering Single/Video ‘Whistle Blow’

Lead Track From Forthcoming Album "The Other Side", Out This Summer

Indie music trailblazer Rachael Sage announces the release of "Whistle Blow," the first single from her upcoming record, The Other Side (due out July 2023 via MPress Records). The multi-instrumentalist, known for her captivating mix of alt-folk, pop, indie rock and Americana, co-produced this song, as well as the forthcoming album. 

"Whistle Blow," with its distinctly Americana palette of slide and acoustic guitars, finds Sage musing on power dynamics and boundaries in the wake of many public figures' bad behavior coming to light: "I decided to write from the imagined perspective of someone summoning the courage to speak out, stand up, and make it crystal clear that they have been mistreated by someone in a greater position of power." In addition to her captivating musical prowess, Sage is a fierce advocate for women's rights and often uses her platform as a tool to spread messages of empowerment.

"Whistle Blow" is a composite account of women's struggles to be respected in the workplace, at home, and in history books. This propulsive, musically lush track will resonate with anyone summoning the strength to stand up for themselves - and against oppression in any form. Rachael further divulges, "In this song I wanted to channel the courage and focus - a kind of imperviousness - that it takes to worry less about what people will think than about sharing your own truth." 

Whistle Blow and its companion video are available today on all streaming platforms. 

US Tour Dates:
4/21/23 - Richmond, VA - Gallery 5*
4/22/23 - Wytheville, VA - Millwald Theatre*
4/24/23 - Knoxville, TN - WDVX Blue Plate Special*
4/28/23 - Pittsburgh, PA - Wheelfish 
4/30/23 - Lancaster, PA - Zoetropolis Cinema Stillhouse 
7/13/23 - Cambridge, MA - Club Passim
7/15/23 - Lansdowne, PA - Jamey's House of Music
7/18/23 - New York, NY - Joe's Pub (Record Release Show)

(* appearing with Annalyse & Ryan)
Please see rachaelsage.com for all dates, including the U.K.

About Rachael Sage: 

Since founding her own label MPress Records over two decades ago, New York-based alt-folk-pop artist Rachael Sage has steadily released a slew of vibrant, dynamic albums. She has toured with an eclectic list of artists, including Ani DiFranco, Beth Hart, Imelda May Howard Jones, and Grammy® winners Shawn Colvin and Judy Collins - with whom she also recorded a critically-acclaimed duet of Neil Young's "Helpless". In addition to being a six-time Independent Music Award-winning musician and producer, Sage is also a John Lennon Contest Grand Prize winner who has released over 20 diverse albums and EPs. Sage has performed at the Edinburgh Fringe, SXSW, and toured globally from Japan to Berlin with her band, The Sequins. Her 2020 album Character yielded the Billboard-charting single "Blue Sky Days"; her recent project Poetica, an adventurous fusion of poetry with jazz, classical and Americana musical elements in the vein of Leonard Cohen and Laurie Anderson, debuted in October 2021.

Contact Information:
Jill Richmond Johnson
Publicity Director
[email protected]
(212) 481-7243


Original Source: Rachael Sage Releases Empowering Single/Video 'Whistle Blow'

River City Bank Announces Board Approval of Quarterly Cash Dividend on Common Shares

SACRAMENTO, Calif., April 24, 2023 (Newswire.com) - Steve Fleming, president and chief executive officer of River City Bank (the Bank), announced that th...

General Atomics’ iSCWO Process Tested, Verified by EPA for the Destruction of PFAS

General Atomics Electromagnetic Systems (GA-EMS) announced today that the Environmental Protection Agency (EPA) issued a detailed report (EPA/600/R-22/257) documenting test results and verifying GA-EMS' commercial industrial Supercritical Water Oxidation (iSCWO) system's effectiveness in the destruction of per-and polyfluoroalkyl substances (PFAS). PFAS are a large class of "forever chemicals" present in the environment and associated with adverse health effects due to exposure to the chemicals. Testing was conducted by the EPA and GA-EMS using PFAS-containing firefighting foam. The test results documented in the EPA report verify the iSCWO system's capability to effectively destroy PFAS with a destruction efficiency greater than 99.99%. 

"We are extremely excited to break this news. With the Pentagon's recent ban on incinerating PFAS-containing items, including PFAS-ladened firefighting foam, there is now greater urgency to implement a more efficient, environmentally sound solution for the destruction of these chemicals," stated Scott Forney, president of GA-EMS. "GA-EMS' iSCWO is that solution. We are proud to have worked with the EPA to perform testing using our iSCWO system and to validate the system's effectiveness in destroying PFAS in a highly efficient, economical manner that is friendly and safe to the environment."

Testing was performed at GA-EMS' San Diego facilities using various concentrations of aqueous film forming foam (AFFF), a specialized PFAS-containing firefighting foam used extensively for training and firefighting jet fuel and other types of fires. iSCWO technology mixes organic waste with water and processes it in a supercritical heat and pressure environment to efficiently destroy hazardous and non-hazardous waste. The result of this process is the breakdown of the waste into carbon dioxide, water, and very low amounts of benign salts, all of which can be released into a public-owned treatment works facility or the environment if applicable, without any post-treatment requirement.  

"We have been advancing SCWO technology since the 1990s, supplying systems to support the government, and since 2012, supplying iSCWO systems to commercial users for waste destruction purposes," continued Forney. "iSCWO can be implemented at remote sites for environmental cleanup and remediation applications, to facilitate generate and destroy on-site capabilities and eliminate the need and expense of transporting PFAS waste off-site for treatment. One of the many advantages of our iSCWO system is that even if the PFAS waste contains other hazardous organic waste, iSCWO will simultaneously destroy the PFAS and the other waste with the same 99.99% or greater efficiency."  

iSCWO information:  www.ga.com/hazardous-waste-destruction

EPA report: Industrial SCWO for the Treatment of PFAS/AFFF Within a Water Matrix | Science Inventory | US EPA

Media Contact: [email protected]

General Atomics Electromagnetic Systems (GA-EMS) Group is a global leader in the research, design, and manufacture of first-of-a-kind electromagnetic and electric power generation systems. GA-EMS' history of research, development, and technology innovation has led to an expanding portfolio of specialized products and integrated system solutions supporting aviation, space systems, satellites, missile defense, power and energy, processing and monitoring applications for defense, industrial, and commercial customers. 

Contact Information:
General Atomics Electromagnetic Systems Media Relations
[email protected]
8589646989


Original Source: General Atomics' iSCWO Process Tested, Verified by EPA for the Destruction of PFAS General Atomics’ iSCWO Process Tested, Verified by EPA for the Destruction of PFAS

Katalon Appoints Alex Estevez to the Board of Directors

Alex Estevez - Katalon Board of Directors Alex Estevez - Katalon Board of Directors ATLANTA, April 24, 2023 (Newswire.com) - Katalon, the leading prov...

Mosaic Data Science Named Among 5 Best AI Companies to Watch by Silicon Review

The data science consulting company was recognized for its deep experience wielding diverse analytics techniques to develop actionable solutions for many customers. ...

Passport Technology Names Chad Boynak as CFO to Drive Financial Growth and Innovation

LAS VEGAS, April 24, 2023 (Newswire.com) - Passport Technology ("Passport"), a global leader in innovative payment technology and customer engagement fo...
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