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Monaker Group Completes Name Change to NextPlay Technologies, and Will Trade Under Nasdaq Ticker Symbol, NXTP

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SUNRISE, FL, July 08, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Monaker Group, Inc. (NASDAQ: MKGI) (NASDAQ: NXTP), a technology solutions company building a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, will begin trading at the opening of the market tomorrow, July 9, 2021, under its new name, NextPlay Technologies, Inc. and Nasdaq ticker symbol, NXTP. The new stock CUSIP number will be 65344G102.

The new name follows the earlier announced completed acquisition of HotPlay Enterprise Limited, provider of in-game, AI-powered advertising technology and online-to-offline couponing solutions with a hyper-local insertion capability.

The acquisition further expanded NextPlay’s growing digital ecosystem that now includes AI-powered AdTech, Digital Connected TV (with reach to more than 50 million end-users), travel, gaming, FinTech and cryptocurrency banking.  

Unlike any other solution available in the market today, NextPlay leverages its powerful digital platform to connect companies and brands with consumers across multiple interactive media channels, including Smart TVs, PCs, laptops, tablets, and smartphones.

“Our new name reflects our evolution from a travel business into an innovative next-generation, global technology solutions company with proprietary platforms monetizing products and brands across multiple digital media channels,” stated NextPlay co-CEO, William Kerby.

“As the result of several successful strategic acquisitions over the past year, our offerings now include high-margin, revenue-generating AdTech, Connected TV, and blockchain solutions capable of reaching global consumers through virtually all connected devices. We are now focused on leveraging the tremendous synergies among our digital platforms to take advantage of the vast opportunities for growth and expansion ahead.”

Current shareholders do not need to take any action regarding the name or ticker symbol change. The company’s new website at www.nextplaytechnologies.com is planned for launch by July 12, 2021.

About NextPlay Technologies

NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering gaming, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay’s engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of our existing and acquired technologies. For more information about NextPlay Technologies, visit www.nextplaytechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinions, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including “will,” “may,” “expects,” “projects,” “anticipates,” “plans,” “believes,” “estimate,” “should,” and certain of the other foregoing statements may be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties related to our ability to complete the acquisition of control of International Financial Enterprise Bank (IFEB) promptly and on the terms disclosed; our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; the fact that the COVID-19 pandemic has had, and is expected to continue to have, a significant material adverse impact on the travel industry and our business, operating results and liquidity; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; our revenues and results of operations being subject to the ability of our distributors and partners to integrate our alternative lodging rental (ALR) properties with their websites, and the timing of such integrations; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; our business depends substantially on property owners and managers renewing their listings; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our long-term success depends, in part, on our ability to expand our property owner, manager and traveler bases outside of the United States and, as a result, our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving ALR, Internet and e-commerce industries which could harm our operating results; risks associated with the operations of, the business of, and the regulation of, Longroot and IFEB (assuming the acquisition is closed); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; risks associated with dilution to existing shareholders; the fact that we may be subject to liability for the activities of our property owners and managers, which could harm our reputation and increase our operating costs; and that we have incurred significant losses to date and require additional capital which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by Monaker are detailed from time to time in Monaker’s periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings “Risk Factors”. These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company’s future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

SOURCE: Monaker Group

Company Contact:

Monaker Group / NextPlay Technologies

Richard Marshall

Director of Corporate Development

Tel (954) 888-9779

[email protected]

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Artificial Intelligence

The Channel Company Announces New Chief Revenue Officer Wayne Silverman

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2 mins ago

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April 16, 2024

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WESTBOROUGH, Mass., April 16, 2024 /PRNewswire/ — The Channel Company, a global provider of news, insights, strategy, events, and marketing services for the information technology industry, announced today that Wayne Silverman has joined the executive team as Chief Revenue Officer. Silverman will lead all aspects of The Channel Company’s worldwide revenue growth initiatives, sales strategy innovation, and customer engagement.

Silverman joins The Channel Company most recently from Spiceworks Ziff Davis (SWZD), where he served as Chief Revenue Officer. He also brings more than 25 years of digital media, technology, SaaS, and big data experience within global roles. Silverman has driven revenue innovation and growth across prominent companies including CBS, Dun & Bradstreet, International Data Group (IDG), CNET, and Business.com where he held senior leadership positions. 
“We are thrilled to welcome Wayne to the team,” said Matthew Yorke, CEO of The Channel Company. “His global expertise within the technology and digital media industries alongside his unwavering dedication to customer experience will continue to elevate how we deliver for our clients and drive expanded opportunities for our organization.”
“It’s a privilege to step into the role of CRO at The Channel Company during such a pivotal period for the company,” Silverman stated. “As we look ahead, the tech sector is poised for a transformation with artificial intelligence taking center stage. The Channel Company, with its esteemed media outlets, signature events, and expert marketing and consulting offerings, will be instrumental for our partners, clients, and the entire tech community. I am eager to collaborate with the talented team here at The Channel Company to deliver innovative, outcome-driven services to our clients as this market evolves.”
About The Channel Company
The Channel Company, Inc. is the global leader in data-driven growth acceleration solutions and services for the IT channel. With 40+ years of channel expertise and a premier portfolio of editorial brands, marketing and event services, and strategic consulting, we help technology vendors, solution providers, and IT decision-makers worldwide unlock better business outcomes. The Channel Company is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.   
About EagleTree Capital:
EagleTree Capital is a leading New York-based middle-market private equity firm, with over $5.6 billion of assets under management, that has completed over 40 private equity investments and over 95 add-on transactions over the past 20+ years. EagleTree primarily invests in North America in the following sectors: media and business services, consumer, and water and specialty industrial. For more information, visit www.eagletree.com or find EagleTree on LinkedIn.
Media contact: Corporate Communications, [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/the-channel-company-announces-new-chief-revenue-officer-wayne-silverman-302118460.html

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Artificial Intelligence

vLex Launches Vastly Expanded Vincent Legal GenAI Toolset, and AI-Focused Co-Development Lab

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April 16, 2024

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Global Legal Intelligence Innovator Adds Litigation and Transactional GenAI Tools, and vLex Labs, an AI-Focused Co-Development Unit
MIAMI, April 16, 2024 /PRNewswire/ — Today legal intelligence innovator vLex launched a powerful suite of generative AI-backed document analysis tools for litigation and transactional practitioners to the Vincent AI platform. Vincent AI Document Analyze augments lawyers’ responses to legal documents, drawing from the world’s most comprehensive global library of legal information.

In addition, vLex now offers vLex Labs to select Vincent customers – enabling them to create proprietary AI-powered workflows with the help of a dedicated team.
These developments underscore vLex’s commitment to developing innovative legal research solutions that go beyond retrieval to revolutionize how legal professionals work.
“With Vincent AI, you no longer have to choose between innovative technology and comprehensive content,” said vLex CEO Lluís Faus. “Our platform offers a seamless integration of both, setting a new standard in efficiency, customization, and effectiveness across all legal practices.”
Vincent AI Document Analyze
Vincent AI Document Analyze offers customizable GenAI-backed workflows that enable legal professionals to interrogate legal documents and use Vincent’s legal analysis abilities to begin drafting strategic responses. Benefits include:
Rapid Analysis: Vincent summarizes documents, and compares law across jurisdictions, replacing hours of non-billable time in minutes.Rapid Response: Vincent analyzes claims, generates defenses, and anticipates counterarguments.Streamlined Contract Analysis: Vincent instantly carries out tasks such as identifying problematic clauses, and providing mitigation steps.All insights are linked to primary and secondary law materials in vLex’s global repository, enabling verification with one click.
The new document analysis feature can be used with documents from any region. Vincent AI’s research workflows are available to legal professionals in the US, the UK, Ireland, Spain, the EU, Singapore, Mexico, Chile, and Colombia, with New Zealand launching in May 2024.
vLex Labs
vLex also launched vLex Labs – an exclusive in-house service that provides Enterprise customers access to leading experts on legal AI, uniting industry leaders such as Fastcase, Docket Alarm, Justis, and NextChapter.
Leading the team will be Dan Hoadley, who recently joined vLex as Head of R&D. The team will have a global scope, and work with firms to co-develop custom workflows, prepare data, and more.
About vLex
vLex is a global legal intelligence platform that provides legal professionals with access to the most extensive collection of legal and regulatory information worldwide, all on one award-winning, AI-powered, platform. vLex includes the Fastcase, Docket Alarm and NextChapter brands, and is trusted by more than two million lawyers, researchers, government departments, and law schools in more than 200 jurisdictions. The 2023 merger with Fastcase furthered vLex’s commitment to developing AI-driven solutions for the world’s legal industry and delivering the world’s largest global law library of over one billion legal documents on a single platform. Get updates at https://vlex.com/press and on Twitter @vlex. 
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Artificial Intelligence

Atomicwork Launches New Digital Workplace Experience Solution Powered by Cohere’s Enterprise AI Platform

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April 16, 2024

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SAN FRANCISCO, April 16, 2024 /PRNewswire/ — Atomicwork, the leading provider of AI-powered IT service management for modern enterprises, has announced the launch of its new digital workplace experience solution in collaboration with Cohere, the leading enterprise AI platform, to help businesses accelerate their workspace productivity and IT support automation.

Atom AI, Atomicwork’s digital assistant, delivers intelligent and contextual solutions to employee support questions to enhance workplace support experience and boost IT teams’ productivity. The solution eliminates the need for end users to switch between different business applications to find information, and enables them to get instant help on modern collaboration tools like Microsoft Teams or Slack, fostering efficient and proactive support.
Key highlights of the launch include:
Advanced AI Automation: Built-in Atom AI skills that autonomously solve end to end IT support issues by understanding end users’ work context, delivering true self-service for employees while accelerating efficiency for IT teams.Enhanced Employee Productivity: Advanced enterprise knowledge and search capabilities across a host of business applications and internal knowledge bases, delivered in the flow of an employee’s work, to help them find the right information quickly, boosting employee productivity and experience.Seamless Enterprise IT Integration: Embedded iPaas in the Atomicwork platform enabling IT teams to seamlessly integrate business applications and internal services to deliver modern enterprise service management use cases while reducing IT integration complexity.Atomicwork’s launch of the digital workspace experience solution is powered by Cohere, and their most advanced and scalable large language model, Command R+. Purpose-built for real-world enterprise use cases, Command R+ along with Cohere’s Rerank model, enables Atomicwork to deliver Atom AI with high accuracy and performance.
Commenting on the launch of a digital workplace experience solution and the collaboration with Cohere, Vijay Rayapati, Atomicwork’s CEO, stated, “We want to empower IT leaders to transform their digital experience journey with our new solution. This strategic collaboration of Atomicwork with Cohere enables us to deliver advanced and secure enterprise AI capabilities for our clients to streamline business workflow automations.”
“We’re excited Atomicwork is using Cohere’s industry-leading Command R model family to power their new digital workplace experience solution. Atomicwork’s software has the potential to significantly boost productivity for enterprise IT teams. We look forward to seeing the real-world benefits leaders like Atomicwork develop with our technology to help transform the global IT sector with AI,” said Abhishek Sinha, VP of Product at Cohere.
“Cohere’s new Command-R+ model delivers state-of-the-art accuracy, while offering a remarkable 50% reduction in latency when compared to more expensive models. This powerful combination of performance and efficiency empowers our AI-first approach to unlock new possibilities and provide exceptional experiences for our customers,” said Kiran Darisi, CTO, Atomicwork.
About Atomicwork
Atomicwork is a digital workplace experience platform that aims to deliver modern service management to enterprises. The platform empowers businesses to deliver fast and scalable internal support for their employees and end users, thereby enhancing employee experience with enterprise efficiency. Seamlessly integrating with existing enterprise applications and internal IT systems, Atomicwork connects employees, internal processes, and business systems, enhancing efficiency in workplace support, service, and operations.
About Cohere
Cohere is the leading AI platform for enterprise. Its world-class AI is uniquely suited to the needs of business, unlocking unprecedented ease-of-use, accessibility, and data privacy. Cohere’s platform is cloud-agnostic, accessible through API as a managed service, and can be deployed on virtual private cloud (VPC) or even on-site to meet companies where their data is, offering the highest levels of flexibility and control. Founded by Google Brain alumni and a co-author of the seminal Transformer research paper, Cohere is on a mission to transform enterprises and their products with AI that unlocks a more intuitive way to generate, search, and summarize information than ever before.
Press contact
Sairam [email protected] 
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View original content:https://www.prnewswire.co.uk/news-releases/atomicwork-launches-new-digital-workplace-experience-solution-powered-by-coheres-enterprise-ai-platform-302118032.html

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