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CorVel to Ring Nasdaq Opening Bell June 28 in Celebration of its 30th Anniversary as a Public Company

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IRVINE, Calif., June 22, 2021 (GLOBE NEWSWIRE) — CorVel Corporation (Nasdaq: CRVL), a national provider of risk management solutions, announced today that company representatives will ring the Nasdaq Stock Market opening bell in New York City on Monday, June 28, 2021.

CorVel will be commemorating its 30th anniversary as a public company listed on the stock exchange. In attendance will be Michael Combs, CorVel’s President and CEO, Chairman V. Gordon Clemons, and members of CorVel’s executive team.

During the past 30 years, the company has grown revenues at a compounded growth rate of 14% a year and the stock price has appreciated at an average annual rate of 17% per year.

“I am honored to ring the Nasdaq opening bell on behalf the 3,700-plus members of the CorVel team,” said Combs. “The ceremony is a great opportunity to celebrate the major milestone of going public 30 years ago as well as our many accomplishments during the last three decades. CorVel’s core tenets have been unwavering—building for the long term, providing a healthy culture that fosters innovation and leveraging technology to deliver industry-leading results.

“We are proud of our dedicated and passionate team, and we’re grateful for the employers, third-party administrators, insurance companies and government agencies with whom we partner. We look forward to building upon our successes and continuing to be a driver of change in our industry,” Combs said.

“Our vision when founding CorVel was to pursue the business with a level of passion that allowed our company to make a difference,” Clemons said. “We focused on foundational pillars that to this day still guide us and continue to create a path for the future. We value organic growth and strategic investments in technology to facilitate the highest level of care for injured workers, and we continue to maintain a culture that revolves around people—both our team and the customers we serve.”

Nasdaq Event Details

Where: Nasdaq Market Site – 4 Times Square – 43rd Street & Broadway – Broadcast Studio
When: Monday, June 28, 2021 at 9:15 a.m. ET
Webcast: A live webcast of the Nasdaq opening bell ceremony will be available here.

About CorVel
CorVel Corp. applies technology including artificial intelligence, machine learning and natural language processing to enhance the managing of episodes of care and the related health care costs. We partner with employers, third-party administrators, insurance companies and government agencies in managing workers’ compensation and health, auto and liability services. Our diverse suite of solutions combines our integrated technologies with a human touch. CorVel’s customized services, delivered locally, are backed by a national team to support clients as well as their customers and patients. For more information about CorVel, please visit: www.corvel.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 
All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on the Company’s current expectations, estimates and projections about the Company, management’s beliefs, and certain assumptions made by the Company, and events beyond the Company’s control, all of which are subject to change. Such forward-looking statements include, but are not limited to, statements relating to the Company’s continued investments  in innovative technologies. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause the Company’s actual results to differ materially and adversely from those expressed in any forward-looking statement, including the risk that the impact of the COVID-19 pandemic on our business, results of operations and financial condition is greater than our initial assessment.

The risks and uncertainties referred to above include but are not limited to factors described in this press release and the Company’s filings with the Securities and Exchange Commission, including but not limited to “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended March 31, 2021 and the Company’s Quarterly Report on Form 10-Q for the quarters ended June 30, 2020, September 30, 2020, and December 31, 2020. The forward-looking statements in this press release speak only as of the date they are made. The Company undertakes no obligation to revise or update publicly any forward-looking statement for any reason.

For more information, contact:

Melissa Storan
CorVel Corporation
949-851-1473
or
George Medici
PondelWilkinson Inc.
310-279-5968

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Artificial Intelligence

Paperpal achieves major milestone; emerges as go-to AI writing assistant for 1 million academics globally

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PRINCETON, N.J., May 22, 2024 /PRNewswire/ — Paperpal, the AI academic writing assistant by Cactus Communications (CACTUS), is proud to announce a significant milestone of surpassing one million users worldwide in just 18 months since its launch. This achievement underscores the trust academics have placed in Paperpal, which has evolved from being an editing tool to a comprehensive AI academic writing assistant, guiding users from ideation to submission readiness.

Leveraging over 22 years of scientific, technical, and medical (STM) experience, Paperpal is continually expanding and deepening its support for students, educators, and researchers globally, empowering them to streamline the academic writing process and deliver high-quality, original content faster than ever before.
Several factors have contributed to Paperpal’s rapid growth, including academic-focused features such as precise, contextual writing and editing suggestions, comprehensive checks, and a user-friendly interface. Moreover, early adoption by the global researcher community, particularly non-native English speakers, has played a pivotal role in driving its popularity. Paperpal’s commitment to prioritizing user feedback for continuous improvement is evident in its consistent high Net Promoter Score (NPS) of 70. This indicates the high user satisfaction and strong recommendations by leading universities, publishers, and academics from 125+ countries, including the United States, United Kingdom, Germany, Italy, Japan, and India.
Expressing excitement on this milestone, Abhishek Goel, Co-Founder & CEO, Cactus Communications, says, “We are thrilled to announce that Paperpal has reached this milestone. Our mission is to help researchers reach their highest potential, and Paperpal as a tool empowers them with assistance in ideation, writing, editing and overall submission readiness of their manuscripts. We look forward to continue to empower students and researchers worldwide to be able to do more with their time.”
Nishchay Shah, Chief Technology Officer and Head, Emerging Products, Cactus Communications, adds, “This milestone is a testament to the dedication of the entire team behind Paperpal, which is continually working to support academics in their research pursuits by building and harnessing the latest AI technologies. With our user feedback-driven roadmap philosophy and continuous iteration, we aim to be the #1 writing tool of choice for academics worldwide.”
Paperpal leverages secure generative AI to provide science-based insights, text suggestions, language and grammar correction, paraphrasing, translation, with plagiarism and submission readiness checks to help academics write better, faster, and move closer to publication success.
For more information, visit https://paperpal.com/
For more details, contact:Nidhi AminCactus Communications (CACTUS)Email: [email protected] | [email protected] Tel no.: +1-267-332-0051
 
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NTT DATA to celebrate its success with SAP at the Sapphire and ASUG Annual Conference 2024

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NTT DATA invites attendees at SAP Sapphire 2024 in Orlando and Barcelona to learn how to bring out the best in their business with SAP, across a range of hosted talks and sessions during the eventsNTT DATA will reveal “Transformation Study 2024” insights at the event in partnership with its subsidiary NatuvionAward Ceremony in Orlando: Four prestigious SAP© Pinnacle Awards underscore NTT DATA’s success as a key partner for SAP globallyBARCELONA, Spain and ORLANDO, Fla., May 22, 2024 /PRNewswire/ — NTT DATA, a global digital business and IT service provider, has announced today that it will celebrate its long and successful partnership with SAP by attending the upcoming SAP Sapphire 2024 conferences worldwide. NTT DATA will be a Platinum Sponsor at the SAP Sapphire and ASUG Annual Conference 2024 from 3-5 June 2024, in Orlando, Florida, and will also be a Platinum Sponsor at the SAP Sapphire event in Barcelona (11-13 June).

“SAP Sapphire is always a highlight for us. We are the top winner this year with four Pinnacle Awards and five finalist recognitions. This underscores the trust that SAP and our customers have in our 35 years of expertise,” said Norbert Rotter, CEO of NTT DATA Business Solutions and EVP NTT DATA, Inc.
Transformation Study to be released at SAP Sapphire
In collaboration with its subsidiary Natuvion, NTT DATA will unveil the Transformation Study 2024 at the SAP Sapphire conference in Orlando and will make it available for download at their booth during both Orlando and Barcelona events. The report will provide in-depth insights into the challenges, success factors and lessons learned by enterprises during the transition from legacy IT systems to modern, innovative technologies. With perspectives from industry leaders in Germany, Austria, Switzerland, Norway, Finland, Sweden, Denmark, UK and the USA, the study reveals how their organizations are modernizing their IT infrastructure and planning for their future.
Celebrate with NTT DATA in Orlando and Barcelona
Meet us in Orlando to learn how we can help power intelligent and sustainable enterprises and ignite tomorrow, today with innovative technology solutions, industry domain expertise and an assortment of SAP lifecycle-based tools and accelerators. Leaders from four NTT DATA Group organisations will address the following topics in Sapphire theatre presentations:
4th June, 10:30am, Orlando – Transforming SugarCreek for Tomorrow with SAP S/4HANA (Strategy Talk)4th June, 11:00am, Orlando – NTT DATA and SAP Preferred Success: Maximizing Value for SugarCreek (Customer Success Story)12th June, 1:30pm, Barcelona – Andel: Transitioning two SAP ECC systems to SAP S/4HANA in the cloudMake sure to stop by our booth or schedule a meeting with our SAP experts who will be available in booth #351 in Orlando, Florida and booth #5.305 in Barcelona, Spain.
For more information visit nttdata-solutions.com.
About NTT DATA
NTT DATA is a $30+ billion trusted global innovator of business and technology services. We serve 75% of the Fortune Global 100 and are committed to helping clients innovate, optimize and transform for long-term success. We invest over $3.6 billion each year in R&D to help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have diverse experts in more than 50 countries and a robust partner ecosystem of established and start-up companies. Our services include business and technology consulting, data and artificial intelligence, industry solutions, as well as the development, implementation and management of applications, infrastructure, and connectivity. We are also one of the leading providers of digital and AI infrastructure in the world. NTT DATA is part of NTT Group and headquartered in Tokyo. Visit us at nttdata.com
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.
 
 

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BeCause and d2o Team Up to Create First-of-its-Kind CSRD Solution for the Travel and Hospitality Industries

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Combining d2o’s PMI GoGreen environmental management tool and BeCause’s sustainability data management platform offers hotels the only CSRD compliance solution rooted in efficiency and profitability.
NICE, France, May 22, 2024 /PRNewswire/ — BeCause, the Danish start-up transforming how the global hospitality, travel, and tourism industries manage their sustainability data, has partnered with d2o, a leading forecasting and resourcement management technology provider for the hospitality industry, to create a comprehensive Corporate Social Responsibility Directive (CSRD) solution for hotels. The collaboration unites the BeCause Sustainability Hub with d2o’s PMI GoGreen suite of prediction, targeting, tracking, and allocation tools to create an auditable CSRD reporting solution that goes beyond compliance to boost efficiency and profits. The partnership was announced yesterday at the World Sustainable Hospitality Alliance Spring Summit in Nice, France.

By joining forces, BeCause and d2o have taken a giant leap toward building a viable, valuable ecosystem between the hotel industry and technology providers that leverages the power and potential of daily sustainability data management. CSRD compliance is just the starting point; BeCause and d2o are demonstrating that with the right technology, sustainability initiatives can drive operational efficiency and profitability for hotels around the world.
“As an inventor and entrepreneur, it is a dream come true to have a product that fully meets the needs of our customers’ stakeholders, including owners, guests, staff, authorities, and local communities,” says d2o CEO Young Nguyen. “The partnership between d2o and BeCause will enhance the hotel industry’s ability to transform a costly compliance challenge into a business opportunity. We call this partnership PMI GoGreen BeCause… because the hotel industry and the planet require a comprehensive solution to address a complex issue.”
Going Beyond CSRD Reporting and Compliance
As a result of this partnership, the PMI GoGreen tools will be seamlessly integrated into the BeCause platform. This integration, facilitated by an API, allows for the sharing and mapping of data, making it reusable for CSRD reporting. This not only simplifies the compliance process for hotels but also ensures accuracy and auditability at the activity level, meeting financial-grade CSRD reporting standards.
However, the joint solution goes beyond compliance and reporting. By centralizing data within the BeCause platform and applying the integrated PMI GoGreen tools, hotel chains gain visibility into which individual properties are meeting their targets for reducing CO2 emissions, energy consumption, water usage chemicals, waste, towels & linens, and food waste. The combined solution also utilizes machine learning algorithms and predictive analytics to identify those targets and help properties optimize resource usage to meet them amidst daily fluctuating demand. System integration service ensures seamless interoperability between the BeCause Sustainability Hub, PMI GoGreen tools, and various internal hotel systems, including property management, point-of-sale, table reservations, sales and catering, timekeeping, and more.
These combined capabilities allow hotels to increase efficiency—hotels are projected to reap 12-15% in resource savings—cultivate ownership among frontline managers, showcase their sustainability efforts to travelers, and, of course, meet their CSRD compliance obligations.
“We believe in the power of ecosystems, and by partnering with d2o, we’ve built a particularly effective one,” says BeCause CEO and Co-founder Frederik Steensgaard. “Not just in terms of helping hotels reach CSRD compliance, but by using the combined capabilities of our solutions to address everyday issues that impact their margins and organizational effectiveness. Why should compliance and reporting be a cost-heavy headache for hotels when it could be driving profitability and operational efficiency?”
An Efficient Solution Specifically Designed for Hospitality
BeCause is a purpose-built, AI-powered hub that centralizes a hotel’s sustainability data and automates the transmission of that data amongst different stakeholders, such as travel and accommodation booking marketplaces and industry certifications. Additionally, once a hotel enters its data into the BeCause platform, it can be upcycled and automatically mapped to multiple frameworks, making qualifying for voluntary green certifications faster and more efficient while ensuring regulatory compliance.
The PMI GoGreen suite of tools developed by d2o enables hospitality groups to achieve their long-term environmental goals by breaking them down into monthly targets tailored to each property’s attributes and seasonal variations. Each hotel’s future targets are dynamically adjusted based on progress, ensuring the consistency of the group’s end goal. Individual hotels and hotel chains can track their progress with forward looking data-based indicators and utilize predictive analytics to optimize resource allocation, minimize waste, and cut operating costs.
The combined PMI GoGreen BeCause solution leverages these capabilities to deliver at least 100% ROI for hotels that implement it. The solution will undergo a phased roll-out through the summer of 2024 before formally launching in September.
For more information about BeCause, d2o or the partnership, or to request an interview, please contact: Vanessa Horwell at [email protected] for BeCause CEO and Co-founder, Frederik Steensgaard or Young Nguyen [email protected] for d2o, Founder and CEO.
About BeCauseBeCause is an enterprise software company that streamlines the flow of sustainability data and creates synergies between different stakeholders in the travel, tourism, and hospitality industries, empowering them to make decisions that result in positive, responsible change for people, the planet, and their profits. BeCause works with over 25,000 hotels, including brands like Radisson, certification entities like GreenKey, industry partners like the Global Sustainable Tourism Council and the SHA, and marketplaces like Booking.com. For more information, visit because.eco.
About d2o and PMI GoGreenFounded in Norway and built on Scandinavia’s legacy of employee well-being and sustainability, d2o has over 20 years of experience helping clients optimize resources for maximum profit while navigating high-cost environments. The company’s PMI GoGreen Environmental Management System (EMS) empowers hotel managers to surpass compliance and achieve true sustainability. Leveraging auditable data, predictive analytics, and hotel demand, PMI GoGreen reduces CO2 emissions and the usage of critical resources like energy, water, and food and transforms hotel sustainability obligations into a profitable, cross-functional endeavor. For more information, please visit www.d2o.com/sustainability-gogreen-with-pmi-by-d2o/.

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