New York, NY — (SBWIRE) — 11/30/2017 — Since the launch of cryptocurrency and especially the advent of blockchain technology, the method of trading and the field of currency has revolutionized in ways that were considered impossible a few years ago. The doors that digital currency has opened are so vast that trading currency has become a task of as easy as it could be. Crowdnext works on the same approach and wants to utilize in a way that cryptocurrency becomes available to all as a means of investing in different companies.
Crowdnext vision is to develop Blockchain technologies to disrupt the venture capital Sector with the first really liquid and comprehensive VC fund, issuing digital securities tokens. Crowdnext tokens will be tradable in major crypto exchanges.
Although the Venture Capital industry is conventional and understood to most investors, the cryptocurrency or Blockchain sector is new and unknown. However, investors will likely be conscious that, as an emerging asset class, Blockchain is experiencing an exponential growth stage. It currently meets at a division position, at a key stage between Innovation and Early Adoption. The sector consequently presents unique opportunities for forward-thinking investors.
Crowdnext will issue tokens to investors, which will serve as digital securities. Investors can purchase tokens with Bitcoin, Ethers oranother Altcoin.
The tokens entitle their holders to two specific rights:
1. You can trade Crowdnext tokens
2. When a portfolio company delivers an exit, you sell Crowdnext tokens back to the fund for your pro-rata portion of the exit cash and those tokens are eliminated (burned in the Blockchain) increasing the economic interest in the fund of the remaining tokens.
This means whenever there is an exit in one of our portfolio companies, the fund will buy back the relative portion of tokens directly from every single token holder, to return the full net revenues to them.
Crowdnext strives to make investing in big companies available to all. Its liquidity method shall be able to comprehensively provide the investors with the ability to invest in a company even if they do not own big empires or are not known in the trading world. It will also allow them to be flexible in their investment because some small startups require a big-time span of at least 5-6 years before they could start returning the investors with what they paid for and they start earning from their long-gone investment. In this case scenario, the investors’ money is locked away for big period and they have to wait for a long time but with the help of crownext’s vision, the investor will not have to wait for long before he starts earning from what he invested making it an easy and a very efficient offer for the beginners.
Also, crownext’s enable the investors to have leverage over the money they want to invest. They do not need to provide securities or anything. It’s all up to them whether how much would they like to invest whether its $10 or $1000.
The concept of decentralization relies upon the basic utility of accountability. With the help of blockchain technology, every investor shall be able to monitor how their company is growing and on what roots and where their money was used and how it could benefit them. In short, everyone will be able to keep a record of what was happening in the company and what wasn’t. This way, nobody shall have any kind of reservations regarding company’s credibility.
Crowdnext will also allow its investors to trade the tokens at various crypto exchanges like Bitcoin. That means there is more use of the token that they have been provided with. Crowd next’s goal is to be as transparent as possible. It also focusses on to how returns will happen and return as much money as possible to token holders without impacting the open market price of the tokens.All funds received by Crowdnext will be used with the sole purpose of buying back tokens from all existing token holders in a prorated way. All tokens acquired will be destroyed (burned in the Blockchain) therefore increasing the economic interest in the fund of the remaining token holders as well as their value. Specifically, they will apply the following procedure which will be coded into the smart contract of the tokens.
About Crowdnext Corp
Crowdnext is a Fintech Company, Next Generation Crowd Venture Capital powered by Blockchain Technology. Crowdnext vision is to develop Blockchain technologies to disrupt the venture capital Sector with the first of its kind of liquid and comprehensive VC fund, issuing digital securities tokens through ICO.
Retail Pro International Adds Reseller in Mexico, Increasing Specialty Retail Access to Unified Retail Pro POS
Retail Pro International deepens investment in Mexico specialty retail with addition of another reseller partnership, POS Latinoamericana.
Folsom, CA, Jan. 04, 2019 (GLOBE NEWSWIRE) — Retail Pro International, developer of global, flexible Retail Pro POS platform, announces deeper investment in Mexico retail by expanding their existing local reseller channel in partnership with Naucalpan-based IT company, POS Latinoamericana.
Specialty retailers will benefit most from this partnership, gaining greater access to software that top retailers like Samsonite, Puma, Oakley, Adidas, Diesel and Under Armour use to centrally manage in-store and ecommerce retail – Retail Pro.
Current efforts for Retail Pro International include a focus on helping retailers unify data and operations in Retail Pro, a platform store-management software. Unified data gives end-to-end visibility, helping retailers accomplish the following:
Uncover areas for performance improvement
Improve replenishment across channels
Increase efficiency in store operations
Retail Pro International CEO, Kerry Lemos, comments, “Mexico has sophisticated retailers, with high demand for modern POS technology that helps maximize ROI with better data-driven store management. We are pleased to meet that need with the introduction of more Retail Pro resellers to serve this market.”
Retail Pro International VP of Channel Sales for Latin America, Shaff Kassam, adds, “Retailers are equipped to make the most of their Retail Pro software through our Retail Pro Business Partners. Our partners offer local IT support and training for retailers’ IT teams and provide technical expertise and consulting for tailoring Retail Pro software to a retailers’ needs and regional requirements.”
The developer currently supports 54,000+ retailers in 130+ countries via Business Partner services. The availability of this local support in regions worldwide gives retailers advantage when expanding to new markets in the global economy.
POS Latinoamericana CEO Hector Jaramillo comments, “We look forward to helping Mexico retailers improve productivity and competitiveness with Retail Pro software. Because the technology is localized for Mexico and is easily customized for a retailer’s specific business operations, we believe retailers will be better positioned to respond quickly to industry change and increase profitability.”
ESS Technology Introduces Suite of USB CODECs featuring Audiophile SABRE DACs
MILPITAS, Calif., Jan. 04, 2019 (GLOBE NEWSWIRE) — ESS Technology, the industry leader in audio and analog design, announced today a series of USB Low-Power Audiophile CODECs that feature QUAD DAC™ Technology. Intended for use in headsets and audio adaptors that demand high-quality sound, the new line of CODECs can support end-to-end audiophile quality. The family is built around a low-power USB controller that supports USB 1.1 & 2.0, and can handle audio data rates up to 32-bit 384kHz PCM. At its heart is the legendary SABRE® DAC audio converter with HyperStream® II modulation that provides the ultimate in sound quality and stable sound field. The integrated headphone amp delivers that performance all the way to the headsets with up to 2.0Vrms output voltage, ensuring plenty of headroom for demanding headsets.
The highly-integrated parts also include all the needed blocks to make designing a USB audio system simple, including jack detect, button detection and GPIO inputs/outputs for custom buttons or switches. Reference designs are available for USB-C audio adaptors and USB-C headsets, and the parts can be easily customized using external EEPROM.
The ES9281PRO is the flagship of the new line and can provide best-in-class audio performance at 124 dB DNR and -112 Total Harmonic Distortion plus Noise (THD+N).
The ES9281PRO is the first USB product to offer an integrated hardware MQA (Master Quality Authenticated) renderer that makes MQA playback easy and cost-efficient. MQA technology is becoming widely accepted as the standard for distributing ultra-high-quality music across a variety of platforms. The encoding process folds extra information into the signal that can be recovered later. The subsequent “unfolding” process takes place in two steps: the first unfold, called Core Decoding, can be done on most DSP systems, including software included in smartphone applications. The final step in the unfolding, called rendering, needs to be done in tight cooperation with the DAC. The ES9281PRO will automatically detect the MQA stream and engage the rendering; the entire process requires no additional design work.
An integrated Audio Signal Processor (ASP) allows for creating real-time audio filters for use as Active Noise Cancelation (ANC), customized Parametric Equalizer (PEQ), Sidetone, or other filter-based audio effects.
The ES9280PRO offers the same impressive audiophile features as the ES9281PRO but without the MQA rendering. Both products feature a wide range of additional input formats beyond USB. In addition to the standard microphone support, they feature stereo line input and 8-channel I2S, allowing it to act as USB audio bridge for desktop audio player applications.
The third product in the line, The ES9270, offers a streamlined solution focused on creating high-quality headsets and dongles. The ES9270 can provide 117 dB DNR and -110 Total Harmonic Distortion plus Noise (THD+N) and features the same low-power audio controller as the flagship, without the ASP or I2S bridge. These parts are ideal for mainstream USB-C headsets and adaptors that still want great sound.
Samples, evaluation boards, and reference designs are available now for all three parts; in addition, the ES9281PRO will be featured for listening in the ESS demo suite at the 2019 CES show in Las Vegas, January 8th – 11th. For more information, contact your local sales representative.
Suneratech Named as Most Innovative Cloud Managed Services Provider Partner of Oracle
Woodridge, IL — (ReleaseWire) — 10/26/2018 — Suneratech has been named as Most Innovative Oracle Cloud Managed Service Provider (MSP) Partner. In a recent annual audit by an Oracle authorized external auditor, Suneratech showed a very strong commitment to Oracle Cloud as evidenced by providing Managed Services on Oracle Cloud for customers with application deployments (both Oracle and Non-Oracle) with Oracle IaaS and Oracle PaaS.
Oracle Cloud Managed Service Providers (MSPs) qualify into the program by exemplifying their capacity to manage customers’ cloud infrastructure, and/or end-user systems, and provide services including cloud advisory, service migration, DevOps, provisioning and orchestration, monitoring, 24×7 monitoring, incidence and change management, and cloud optimization, among many others.
“The Oracle Cloud Managed Service Provider (MSP) program identifies and recognizes partners who have skills, tools and processes to build, deploy, run, and manage Oracle and non-Oracle workloads on Oracle Cloud Platform. Suneratech’s cloud experts have a profound understanding and capabilities in helping customers adopt, migrate, and implement a range of Oracle Cloud initiatives enabling enterprises towards their successful digital transformation journey,” said Ravi Reddy, CEO of Suneratech.
Suneratech’s services that complement the Oracle Cloud include:
– Cloud-led business transformation services
– Cloud workload management for Oracle and other public and private cloud systems
– Multi-cloud and Hybrid IT application integration and orchestration services
“Many customers of Oracle want to migrate application and database workloads to cloud infrastructure, add cloud platform to extend and modernize their applications, and digitalize the business processes. Organizations can leverage Suneratech’s cloud capabilities to adopt cloud and make their digital transformation journey. Being an Oracle MSP means that Suneratech can directly provide Oracle Cloud Services to customers as part of any hybrid IT or modernization project” said Sreeni Setty, VP of Cloud Solutions, Suneratech.
“Suneratech’s performance and compliance to the requirements of the Oracle Cloud Managed Service Provider Accreditation was exemplary. The capabilities and competencies evidenced reinforced Suneratech’s recognition as the #1 Oracle’s Velocity Cloud Partner at the Oracle Digital Town Hall 2018. Suneratech’s Oracle Cloud Managed Services portfolio across IaaS, PaaS, SaaS & TaaS is powered by a wide spectrum of innovative automation, tooling and industry assets thus rendering the ability to deliver significant thought leadership and operational efficiencies for Suneratech customers in Oracle Cloud Managed Services” quoted Natrajh V Narayann, Lead Auditor & MSP Partner Transformation Consultant, Information Security Systems International, LLC
The key strengths of Suneratech as a Cloud MSP include the following in the audit report :
Providing Managed Services on Oracle Cloud Platform for customers with application deployments (both Oracle and Non-Oracle) with Oracle IaaS and Oracle PaaS.
Suneratech demonstrates a strong pre-sales expertise to assist customers in their unique journey to the cloud in Oracle IaaS and PaaS offerings in the areas of Data Management and Infrastructure.
Suneratech has also been recognized to have a very mature and a well-established practice in implementing Oracle Cloud Dev-Ops with the aid of in-house automation tools such as DOX and CloudTestr. These are extensively used for supporting application development for Oracle EBS.
Suneratech is well positioned for delivering projects on Oracle Cloud with their reference architectures, custom images, custom scripts and cookbooks, and solution accelerators. Examples are Reference Architectures for Oracle Infrastructure, Data Management & Application Development PaaS Services, Custom scripts and cookbooks for Oracle Cloud Infrastructure, Data Management, Integration, Analytics Platform Services”
Sunera Technologies Inc. which includes Sunera Technologies Pvt. Ltd, together known as ‘Suneratech’, with Headquarters in Chicago, USA, and has offices in India, Canada, Australia with now close to 1,000 employees serve a broad range of industries of Automobile, Manufacturing, ISV’s, Financials, Healthcare, etc., since 2008. Suneratech is Oracle Cloud Standard and Platinum level member of Oracle PartnerNetwork. More recently, since 2016, Suneratech has been delivering Managed Services on Oracle Cloud Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) Cloud Services. Suneratech also has strong expertise in implementing Oracle Software-as-a-Service (SaaS) with a focus on Oracle ERP, HCM, and CX Cloud Services.
Suneratech offers digital transformation of enterprise companies through IT automation and digital solutions to Oracle customers. This includes the supply chain IoT platform-eSeal, the intelligent Bot-enabled customer support platform-Meltag, the test automation platform-Cloudtestr, the DevOps automation platform-DOX, and the cloud application management solution-CLOQ. Based on its proprietary SWITCH framework, Suneratech enables companies to transition to digital through automation, migration, and innovation with its comprehensive suite of services and solutions.