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Visit One News Page for Veterans news from around the world, aggregated from leading sources including newswires, newspapers and broadcast media. Search millions of archived news headlines. This feed provides the Veterans news headlines.

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    The roster is youth-infused with some veterans mixed in Reported by CBS Sports 4 hours ago.

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    Latest awards will advance further research and development of the SPRINT PNS System for chronic and acute pain

    CLEVELAND, Oct. 02, 2018 (GLOBE NEWSWIRE) -- SPR Therapeutics, Inc., a leader in neurostimulation technology for pain management, has been awarded two new grants and one new contract from the U.S. Department of Defense totaling $10M to further develop its percutaneous Peripheral Nerve Stimulation (PNS) therapy, the company announced today. The SPRINT*^®* PNS System offers a non-opioid pain relief therapy that is FDA-cleared for the treatment of acute and chronic pain.In addition to a previous contract and grants from the National Institutes of Health and Department of Defense, these latest awards from the Defense Department bring the total amount of grants and contracts to $30M to support the advancement of SPR’s neurostimulation technology for pain.

    “We are honored to receive this additional Department of Defense funding to advance research in support of broader use of our SPRINT percutaneous Peripheral Nerve Stimulation therapy for pain,” said Maria Bennett, Founder, President and CEO of SPR Therapeutics. “The management of chronic and post-operative pain continues to be a challenge among U.S. Military, Veterans and the general public. In the midst of the opioid crisis and the need for non-opioid pain treatment options, product refinements and data from additional studies of percutaneous PNS will support the independent, appropriate and effective use of our SPRINT PNS System for pain management.”

    The largest of the awards, a grant totaling $6M, will support a randomized controlled trial (RCT) comparing the SPRINT PNS System to conventional medical management, to reduce pain and opioid use while enabling improvements in function among Service members, Veterans and civilians with chronic back pain. Chronic back pain interferes with function and daily activities (such as walking, work and personal care), and decreases quality of life. As the leading cause of morbidity in the U.S. military, back pain is the most commonly diagnosed injury or reason for seeking medical care and has the highest 5-year risk of permanent disability.

    A second RCT, supported by a $3M grant, will focus on improving pain management following surgery for combat and non-combat related orthopedic trauma. Designed based on encouraging results of a previous study, it will further evaluate the use of percutaneous PNS to relieve pain, reduce or eliminate use of opioids, and accelerate functional recovery.

    A $1M contract will fund continued advancement of the company’s PNS platform while enhancing the system’s ability to support independent use by healthcare providers. These improvements are intended to enable a wider range of interventional pain management physicians to offer the system with minimal training and enable simpler self-management of therapy, thereby allowing more patients to receive effective, non-opioid pain relief.

    “The need among pain management physicians for non-opioid, minimally invasive and user-friendly treatment options is great. The funding provided by the Defense Department will provide additional data and insight regarding the SPRINT System’s ability to improve quality of life, enable faster post-operative recovery and provide long-term pain relief,” said Dawood Sayed, M.D., President, The American Society of Pain and Neuroscience.

    *About the DoD Awards*
    The U.S. Army Medical Research Acquisition Activity, 820 Chandler Street, Fort Detrick MD 21702-5014 is the awarding and administering acquisition office for the awards. This work will be supported by the Office of the Assistant Secretary of Defense for Health Affairs through the Peer Reviewed Medical Research Program and the Peer Reviewed Orthopaedic Research Program under Grant Nos. W81XWH-18-1-0800 and W81XWH-18-1-0799, respectively.  The contract is supported by the Defense Health Agency (DHA) Small Business Innovation Research (SBIR) Program, US Army Medical Research Material Command/Clinical Rehabilitative Medicine/US Army Research Institute of Surgical Research under SBIR Phase II Contract No. W81XWH-18-C-0329.  Opinions, interpretations, conclusions and recommendations are those of the author and are not necessarily endorsed by the Department of Defense.

    *About SPRINT**^®** PNS System *
    The SPRINT Peripheral Nerve Stimulation (PNS) System is the only percutaneous PNS device that is FDA-cleared for both chronic and acute pain, including post-operative and post-traumatic pain. The next generation device, endura™ (single-lead) and extensa™ (dual-lead) is the first and only dual-lead percutaneous PNS system. The SPRINT PNS System lead(s) are placed by a physician during an outpatient procedure without surgery, incisions, tissue destruction or anesthesia, and are connected to a wearable stimulator that delivers stimulation for up to 60 days of therapy. The lead is then removed. In multiple studies, SPRINT has demonstrated significant and sustained pain relief post-60-day treatment. Physicians have used SPRINT to treat post-amputation pain, shoulder pain, lower back pain, complex regional pain syndrome (CRPS), and post-operative pain following joint replacement (partial listing). For additional information regarding safety and efficacy visit

    *About SPR Therapeutics*
    SPR Therapeutics, Inc. is a privately-held medical device company headquartered in Cleveland, Ohio, focused on developing, manufacturing and commercializing non-opioid, minimally invasive treatment options that improve quality of life. The company’s SPRINT technology is the only percutaneous Peripheral Nerve Stimulation (PNS) System FDA-cleared to treat both chronic and acute pain. More information can be found at:

    *SPR Contact:**
    *Mark Stultz
    Senior Vice President

    *Media Contact:*
    Helen Shik
    Shik Communications

    Photos accompanying this announcement are available at

      Reported by GlobeNewswire 4 hours ago.

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    [263Chat] The MDC President, Nelson Chamisa, has established a war veteran's wing tasked to descend on grassroots mass recruitment and member education as the urban dominant opposition party seeks rural electorate to buy into the 19 years old party's ideological pathways. Reported by 4 hours ago.

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    Wolves already look like they’ve been playing in the Premier League for years, former defender Joleon Lescott believes. Reported by Express and Star 3 hours ago.

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    Bright Pattern, leading provider of omnichannel cloud contact center software, partners with Waterfield Technologies to provide innovative customer support technology

    SAN BRUNO, Calif. (PRWEB) October 02, 2018

    Bright Pattern, the leading provider of enterprise contact center software, today announces its partnership with Waterfield Technologies, a leading enterprise software and professional services organization providing voice and mobile solutions that drive customer engagement. Bright Pattern Contact Center Software will help Waterfield Technologies provide the most innovative and effortless omnichannel technology and professional services through highly tailored, experience-rich customer interactions across all industries.

    Waterfield Technologies, a global organization with 30 years of experience in delivering contact center solutions to more than 25 of the top Fortune 100 companies, is focused on delivering voice and mobile solutions that enhance the customer experience and increase overall customer engagement through emerging technologies, including AI, automation, IoT, and NLU.

    “Bright Pattern gives Waterfield Technologies the ability to provide a consistent and seamless experience across all channels with real-time visibility into channel performance. We are excited to partner with Bright Pattern to deliver a cost-effective option for customers looking to migrate or implement a cloud-first contact center,” said Howard Leary of Waterfield Technologies.

    “We are thrilled to be partnering with Waterfield Technologies to help them in their effort to consistently deliver superior customer service,” said Brian Hays, SVP of Global Sales at Bright Pattern. “The world’s top brands and Fortune 100 companies rely on Waterfield Technologies to provide exceptional service to end users in order to engage and retain their most valuable customers. By utilizing the Bright Pattern platform, Waterfield Technologies will be able to take customer experience to the next level and digitally revolutionize customer communications.”

    Bright Pattern helps its partners provide superior omnichannel customer service through the use of innovative cloud-first technology that is the most simple and powerful solution for midsize and enterprise companies. Bright Pattern was recently recognized as a Market Challenger by Ovum and by Gartner as a leader in the Contact Center FrontRunners Quadrant.

    About Waterfield Technologies
    Waterfield Technologies is a leading enterprise software and professional services organization, providing voice and mobile solutions that deliver an exceptional customer experience. A global organization, Waterfield Technologies has 30 years of experience and has delivered solutions to more than 25 of the Fortune 100 companies across a deep set of vertical markets. Waterfield Technologies delivers voice and mobile solutions that drive increased customer satisfaction, while reducing overall business expense, improving the speed, quality and efficiency of customer interactions across multiple channels.

    About Bright Pattern
    Bright Pattern provides the most simple and powerful contact center for midsize and enterprise companies. With the purpose of making customer service brighter, easier, and faster than ever before, Bright Pattern offers the only true omnichannel cloud platform that can be deployed quickly and nimbly by business users. Bright Pattern allows companies to offer an effortless, personal, and seamless customer experience across traditional channels like voice, text, chat, email, video, messengers, and bots. The company was founded by a team of industry veterans who pioneered the leading on-premises solutions and today are delivering an architecture for the future with an advanced cloud-first approach. Bright Pattern’s cloud contact center solution is used globally in over 26 countries and 12 languages.

    For more information, press only:
    Shelby Bozekowski
    Marketing Manager
    Bright Pattern
    +1 720-209-2818 Reported by PRWeb 2 hours ago.

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    The veterans’ nonprofit is kicking off the new six-month, intensive training program by bringing together more than 50 veterans for a weekend-long event in Newark

    NEW YORK (PRWEB) October 02, 2018

    Veterans’ nonprofit, The Mission Continues, is empowering veterans as community-based leaders with the launch of its latest program, the Service Leadership Corps. The program is an opportunity for civic-minded veterans to serve on the community level, while further developing their leadership abilities. Through the implementation of the renowned Human-Centered Design framework by the LUMA Institute and custom designed educational objectives, veterans will learn new ways to identify and address our nation’s most critical issues as advocates for change.

    The Service Leadership Corps (SLC) will provide veterans with an immersive curriculum that includes engaging workshops, online learning, collaborative assignments, and experiential learning. In partnership with non-profit organizations, Corps members will apply their training to address the most significant challenges within a given community.

    “Veterans leave the military with the experience and motivation to be community leaders, but they often need an additional skill set in order to be successful,” says Mary Beth Bruggeman, vice president of program strategy for The Mission Continues. “The Service Leadership Corps provides that training and couples it with the opportunity for veterans to drive long-term impact in under-resourced communities around the country.”

    Over 650 veterans applied for the inaugural SLC cohort, expressing their desire to be at the forefront of a veteran-led movement for community change. The program has attracted a diverse applicant pool ranging in education, gender, ethnicity and location. Veterans were selected based on their eagerness to tackle a challenging curriculum and motivation to learn and connect with others. The program officially kicks off October 19-21 in Newark. The first of four in-person sessions, the event will bring together over 50 veterans and members of the National Guard and Reserves from across the country to begin the immersive, six-month training experience.

    While in Newark, veterans will take part in workshops and activities to gain a better understanding of the following core values of the program:

    Community-Based Leadership: The challenging leadership curriculum includes workshops, individual and group learning activities, guest speakers, creative assignments and more. Additionally, the curriculum will include skill and knowledge building including advocacy, cultural competency, public speaking, problem-solving, and assessing community-specific needs.

    Online Community & Cohorts: The Service Leadership Corps Program involves both in-person learning opportunities and a virtual community to keep corps members connected to each other. The online community will allow corps members to learn together in virtual trainings and workshops and to collaborate while being in different cities across the country between in-person sessions.

    Real World Application: During the program, veterans will connect directly with community organizations and take on clearly defined projects for the organizations, working to solve a real-time challenge in their community.

    Personal Growth: Corps members will build confidence and abilities in problem-solving, resiliency, and communication through a cycle of learning and application of skills. At the completion of the program, corps members will have an increased ability to identify, assess and plan solutions to some of the biggest challenges national nonprofit partners are facing utilizing aspects of community-based leadership.

    Service: Corps members will advance in the curriculum between in-person sessions while also beginning to apply their skills to real-time community challenges.

    Between learning sessions, the 50+ veterans will take their training outside the classroom to lead a local service project at the Newark Boys & Girls Club campus on Saturday, October 20. The project is part of an on-going partnership between The Mission Continues and the local Boys & Girls Club to beautify the area and foster positive community engagement. During the project, veterans and local volunteers will refurbish facilities across the campus to benefit both local youth and elderly residents.

    After returning home from Newark, Corps members will dig into their team-based virtual learning and work in groups with a non-profit partner as drivers for positive social impact. Corps members will emerge after program completion prepared and energized to forge ahead in their pursuit of community-based service. To learn more about the Service Leadership Corps, head to

    About The Mission Continues
    The Mission Continues is a nonpartisan nonprofit organization that empowers veterans to build stronger communities through service. Our programs in cities across the country deploy veteran volunteers alongside nonprofit partners and community leaders to improve educational resources, increase access to parks and green spaces, foster neighborhood identity, and more. Through this unique model, veterans build meaningful connections and grow as individuals while creating long-term, sustainable local impact. To learn more, visit or follow us on Twitter at @missioncontinue. Reported by PRWeb 2 hours ago.

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    Partnership for Public Service honors civil servants and presents first-ever Spirit of Service award at Samuel J. Heyman Service to America Medals gala

    WASHINGTON (PRWEB) October 02, 2018

    The nonprofit, nonpartisan Partnership for Public Service will host the 17th annual Samuel J. Heyman Service to America Medals (Sammies) awards gala on Tuesday, October 2 to honor outstanding civil servants who have made significant contributions to the health, safety and prosperity of the American people. Considered the “Oscars of government service,” the Sammies have earned a reputation as the premier awards program recognizing innovation in the federal government.

    The Partnership also will present the first-ever Spirit of Service award to Jeff Bezos – founder and CEO,; founder, Blue Origin; and owner, The Washington Post. Designed to shine a spotlight on individuals outside of government who have made significant contributions to public service, the award recognizes Bezos for the countless ways he and his companies work to advance important fields such as space exploration and national security, as well as help government deliver services more effectively and efficiently.

    “These are not normal times for our nation’s civil servants. Yet, they continue to serve in extraordinary ways, and we need to recognize and celebrate their important work,” said Max Stier, president and CEO, of the Partnership for Public Service. “The 2018 Service to America Medal recipients represent the best in government, the dedicated, smart and innovative public servants who work tirelessly behind-the-scenes to serve the public interest.”

    Judy Woodruff, the anchor and managing editor of “PBS NewsHour,” will emcee the gala. Adding to the evening’s excitement will be best-selling author and 2018 Sammies selection committee member Michael Lewis, who will engage Bezos in a fireside chat. Lewis’ newly released book, “The Fifth Risk,” takes readers behind the scenes during the 2016 presidential transition at the departments of Agriculture, Commerce and Energy and includes stories about dedicated public servants who are on the frontlines serving the American public during the change in administrations.

    Special gala presenters include: Department of Veterans Affairs Secretary Robert Wilkie; Federal Trade Commission Chairman Joseph Simons; National Institutes of Health Director Francis Collins; Office of Management and Budget Deputy Director for Management Margaret Weichert; and Rep. Mark Meadows (R-N.C.).

    The seven award winners were among 27 finalists announced in May 2018 and chosen from more than 300 nominations submitted to the Partnership for Public Service. The medalists were chosen by a prestigious selection committee of leaders from government, business, foundations, academia, entertainment and the media.

    The 2018 Samuel J. Heyman Service to America Medals recipients are:· The evening’s top honor, Federal Employee of the Year, will be presented to Dr. Daniel L. Kastner of the National Institutes of Health (Bethesda, Maryland). Thousands of people, including young children, are afflicted by mysterious genetic diseases that cause recurring strokes, high fevers, arthritis, severe pain, inflammation and other symptoms. Kastner uncovered the genetic causes of seven rare, debilitating illnesses he categorized as auto inflammatory diseases. He also identified 14 previously undiagnosed illnesses and found effective treatments for 12 of them, alleviating suffering for thousands of patients in the U.S. and around the world.

    · The Career Achievement Medal recipient is Dr. Marshalyn Yeargin-Allsopp of the Centers for Disease Control and Prevention (Atlanta, Georgia). As awareness about the number of children with autism and other developmental disabilities grew sharply in the 1980s, no one knew how common these conditions were or how to effectively deploy resources for health, education and social services. Yeargin-Allsopp pioneered ground-breaking research and surveillance systems that for the first time documented the prevalence of autism, intellectual disabilities, cerebral palsy, hearing loss, vision impairment and epilepsy among children.

    · The Homeland Security and Law Enforcement Medal winners are Karen D. Dodge of the Federal Trade Commission (Chicago, Illinois) and M argaret (Molly) Moeser of the Department of Justice (Washington, D.C.). Con artists for years used Western Union’s money transfer system to fraudulently obtain hundreds of millions of dollars from consumers who were duped into paying for services and products that were never provided. Moeser and Dodge led parallel nationwide criminal and civil investigations that resulted in the world’s largest money transfer company admitting to allowing criminals to use its service to collect scam-related payments. The company forfeited $586 million to reimburse the victims and committed to identify and stop future illegal transactions.

    · Andrew M. Herscowitz and the Power Africa Team of the U.S. Agency for International Development (Pretoria, South Africa) are the winners of the National Security and International Affairs Medal. About 600 million people in sub-Saharan Africa lack access to electricity, trapping millions in poverty and stunting economic growth. Herscowitz and the Power Africa team brought together technical and legal experts, the private sector, financial institutions, 12 federal agencies, and governments from around the world to provide electricity to more than 50 million people in this region. The team’s 117 electrification projects have spurred economic development, while generating hundreds of millions of dollars in export opportunities for U.S. companies.

    · Marcella (Marcy) Jacobs and the Digital Service Team of the Department of Veterans Affairs (Washington, D.C.) are honored with the Management Excellence Medal. Veterans who go online to obtain information, benefits and services from the VA often have been frustrated by a complicated tangle of websites, forms, logins and insufficient status updates. Jacobs and the Digital Service team streamlined many online processes for veterans so they can more easily discover, apply for, track and manage the services and benefits they have earned. This includes a simplified login system and new ways for veterans to apply for health and education benefits and monitor disability claims and appeals.

    · The Promising Innovations Medal winners are Parimal Kopardekar (PK), Ph.D., and the UTM Team of the National Aeronautics and Space Administration’s Ames Research Center (Moffett Field, California). By 2020, an estimated 700,000 commercial drones will be flying millions of times a year in low-altitude airspace, creating the prospect of accidents and congestion in an unregulated, airborne Wild West. Kopardekar and his team worked across agencies and with private-sector partners to design the first-of-its-kind traffic management system for unmanned aerial vehicles. They developed a set of concepts, rules and technologies that will allow commercial drones to safely deliver packages, monitor traffic and aid search and rescue operations.

    · Margaret (Peggy) Honein, Ph.D. of the Centers for Disease Control and Prevention (Atlanta, Georgia) is the recipient of the Science and Environment Medal. The mosquito-borne Zika virus began spreading to the U.S. and its territories in 2015 and 2016, triggering devastating birth defects and causing widespread alarm as the government grappled with how to control this health crisis. Honein quickly assembled a team that collected and analyzed critical nationwide data on the spread of the Zika virus in order to protect pregnant women and babies from this terrible health threat. They determined how the virus worked, established clinical guidelines for physicians, disseminated vital information to the public and provided resources to help women find and access specialty services.

    The fourth annual Service to America Medals People’s Choice award was presented in July to Alison Smith, Ph.D. of the Naval Surface Warfare Center (Crane, Indiana). While all 27 Sammies finalists were eligible to win this award, the public voted for Smith because they believed she made the most admirable contribution to the American people. The Defense Department spends billions of dollars a year on parts for weapons and military equipment that run the gamut from microelectronics for fighter jets and missile guidance systems to materials used in engine mounts. If a shady operator along the supply chain slips in counterfeit or potentially defective components, it puts at risk the nation’s security and the lives of military service members. Smith pioneered the use of nanoparticles to mark sensitive military equipment with a unique fingerprint to guard against counterfeit products and protect our nation’s warfighters.

    The entire awards ceremony will be streamed live from Washington, D.C. and viewable on the Partnership for Public Service’s Facebook and Twitter accounts beginning at 6:30 p.m. EDT.

    The premier and national sponsors for the 2018 Service to America Medals are Mrs. Ronnie Heyman and the Heyman Family, Bloomberg Philanthropies, Chevron, and Ingeborg and Ira Leon Rennert.

    Renamed the Samuel J. Heyman Service to America Medals in 2010 to commemorate the organization’s founder, the program has honored more than 500 outstanding federal employees since its inception in 2002. For profiles and videos of the medalists, and to nominate a federal employee for a 2019 Service to America Medal, visit

    During the past 17 years, the nonpartisan, nonprofit Partnership for Public Service has been dedicated to making the federal government more effective for the American people. We work across administrations to help transform the way government operates by increasing collaboration, accountability, efficiency and innovation. Visit to learn more. Follow us on social @RPublicService and subscribe today to get the latest federal news, information on upcoming Partnership programs and events, and more. Reported by PRWeb 38 minutes ago.

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    ANCHORAGE, Alaska (AP) — A judge on Wednesday will tell the oldest son of former Alaska Gov. Sarah Palin whether allegations he hit a woman in the head should lead to jail time or if he can stay in a therapeutic program for veterans... Reported by New Zealand Herald 14 hours ago.

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    Earlier this week, we covered the U.S. Department of Veterans Affairs's publication of a final rule amending its Veteran-Owned Small Business (VOSB) and Service-Disabled Veteran-Owned Small Business (SDVOSB) Guidelines Reported by Mondaq 13 hours ago.

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    Moving to Oracle Cloud enables SmartERP to leverage the latest technologies helping to increase business value and automate compliance.

    PLEASANTON, Calif. (PRWEB) October 03, 2018

    Smart ERP Solutions, Inc. (SmartERP), a leading provider of Enterprise Business Applications solutions and services, has migrated their Provade Talent Procurement solution for Oracle Cloud. On Oracle Cloud, SmartERP’s Talent Procurement solution is easier to use, 100% mobile device ready, provides for faster provisioning, compliance, automatic on-demand scalability, utilizes world-class global security and now more easily integrates with all other Oracle Cloud offerings.

    Smart Talent Procurement is the next version of the Provade enterprise-class Vendor Management System (VMS), now brought to today’s leading enterprise Cloud ecosystem by SmartERP. Oracle Cloud runs more enterprise business applications used by Fortune 1000 global corporations than any other full featured cloud platform. Smart Talent Procurement is the first and only entirely Oracle-cloud-native VMS available today (Oracle IaaS, PaaS, SaaS).

    Smart Talent Procurement (previously Provade VMS) addresses challenges of today’s changing workforce amid the related diminishing availability of talent and need to comply with current appropriate classification of workers. By using the Talent Procurement solution to acquire contingent workers, organizations can quickly and efficiently manage these new challenges. Smart Talent Procurement enables organizations to compliantly collaborate with their services supply chain to procure, manage and pay for the skills and projects the organization needs, on demand.

    “We enhanced our VMS and moved from Rackspace onto Oracle Cloud to provide a better customer experience not just in usability but also in areas where enterprise cloud excels and provides on-demand scalability, world-class security, continuous enhancements and support without the underlying disadvantages associated with owning your own internet connected infrastructure,” stated Hans Bukow, Chief Strategy Officer and head of Smart Talent Procurement. “Our cloud solutions, such as Smart Onboarding and Talent Procurement, take full advantage of all the Oracle Cloud potential, abilities, and business partner ecosystem through direct integration with Oracle Cloud applications. Being “Powered by Oracle Cloud” is a powerful competitive advantage for our solutions, clients and partners.”

    Because of today's greater business demand for flexibility and efficiencies, leading companies are looking to get more work done in an on-demand basis. Smart Talent Procurement provides organizations the benefits an integrated web-driven services procurement platform that will allow them to compliantly acquire on-demand work from a just-in-time workforce services supply chain.

    To learn more, visit SmartERP at the CWS Summit + Collaboration in the Gig Economy, October 2-5 at the Omni Dallas Hotel, Dallas, TX. Register here.

    About Smart ERP Solutions, Inc.
    Founded by Oracle/PeopleSoft veterans, Smart ERP Solutions®, Inc. is a unique organization in the Enterprise Business Applications space providing innovative, cost-effective, and configurable on premise and cloud solutions and services that efficiently extend the capabilities of ERP systems to meet specific business process needs. The organization’s Smart Onboarding and Smart I-9/ E-Verify solutions integrate with popular HR systems to automate new hire onboarding and the employment eligibility verification process. Smart ERP Solutions enables clients to seamlessly integrate their people, processes, applications, and data, across an enterprise, enabling the organization to streamline its operations and support business growth.

    About Smart Talent Procurement
    Smart Talent Procurement by SmartERP enables organizations to compliantly manage risk related to workforce shortages and immediately tap the skills needed to match their on-demand project workforce needs. With Smart Talent Procurement, processes to procure, manage and pay contingent worker are completely automated.

    Dave Reik
    Smart ERP Solutions, Inc.
    +1(925)271-0200 Ext: 125 Reported by PRWeb 12 hours ago.

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    South Florida air conditioning company donates a portion of all income generated from installations to in honor of Breast Cancer Awareness Month.

    FORT LAUDERDALE, Fla. (PRWEB) October 03, 2018

    All Year Cooling, a South Florida air conditioning installation and repair company, donates a portion of all income from October AC installations in honor of Breast Cancer Awareness month. This will be the fifth year that All Year Cooling has donated a portion of their revenue to

    All donations help the American Cancer Society fund groundbreaking breast cancer research to help prevent breast cancer and find it earlier, when it’s easier to treat. In addition, the donation money will assist the organization in providing free information and support to any women affected by the disease.

    “Unfortunately, many women in the South Florida community are affected by breast cancer, so everyone at All Year Cooling is proud to contribute to a cause near to all of our hearts,” said Tommy Smith, the president of All Year Cooling.

    In addition to the donation of October’s proceeds, the local HVAC company is also dedicating its website to Breast Cancer Awareness by changing its design to feature the pink ribbon symbol as well as an overall pink theme. is a great way for people to get involved with donating to various types of cancer research. Since working with them, the company has been able to raise a considerable amount for the cause. As a family-owned and local company, All Year Cooling greatly values giving back to the South Florida community. All Year Cooling gives a portion of its proceeds to veterans through Project We Care, a local non-profit organization, has created a scholarship to help local students attend university, annually supports Breast Cancer Awareness, and contributes to many Broward County classrooms.

    More about All Year Cooling:
    Established in 1973, All Year Cooling has completed over 350,000 air conditioner installations in South Florida. Their goal is to provide the consumer with the best overall value and service on new air conditioner installations, maintenance, and repairs. Tommy Smith along with his team makes it their mission to provide quality service and remain a trusted part of the South Florida community. Call All Year Cooling for all your AC needs at 888-204-5554! You can also visit their website at Reported by PRWeb 12 hours ago.

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    · World’s largest online health coaching program broadens NEP’s active lifestyle investment platform to include health & wellness and nutrition

    · Investment capital and additional resources will be focused on developing a more robust content platform, reaching a broader consumer market, and providing additional education and career opportunities for aspiring health coaches

    MINNEAPOLIS, Oct. 03, 2018 (GLOBE NEWSWIRE) -- Norwest Equity Partners (“NEP”), a leading middle market investment firm founded in 1961, has made a significant investment in the Institute for Integrative Nutrition, (“Integrative Nutrition” or the “Company”), the largest and oldest professional health coaching certification program worldwide. NEP’s investment marks the first time Integrative Nutrition has partnered with an investor, marking a significant milestone that will help the Company add incremental course offerings, diversified content, and expand its geographic reach. The transaction closed on October 1, 2018; financial terms were not disclosed.

    Founded in 1992 by Joshua Rosenthal, Integrative Nutrition was once a small classroom of passionate students in New York City, and has since grown to be the largest health coaching school in the world, providing a global learning experience through its innovative online learning platform for approximately 100,000 students and graduates in over 150 countries worldwide. Offering an innovative, 6 or 12 month long Health Coach Training Program, Integrative Nutrition has positioned itself to help change the landscape of health and wellness around the world. The Company’s holistic program teaches dietary theories as well as personal development philosophy, health coaching, and business skills through a well-regarded network of world-class educators and guest lecturers, including the world’s leading physicians, researchers, doctors, and nutrition experts.

    Tim DeVries, NEP Managing Partner, stated, “With continued significant momentum in the health coaching industry, Integrative Nutrition has grown to be a unique and innovative company that offers an original approach to health and wellness training. With a highly-scalable program driven by industry-leading content, we are confident that the combination of our capital and resources will help propel additional capabilities and knowledge for health professionals across the board. We are really excited about this opportunity and can’t wait to see Integrative Nutrition continue to drive the expansion of the nutrition and health coaching industry.”

    To date, NEP has built a broad active lifestyle/health & wellness portfolio through focused industry investments in addition to Integrative Nutrition, including Wahoo, Movati Athletic, The Edge Fitness, and Life Time Fitness. As part of NEP’s breadth of resources, Integrative Nutrition will work closely with Mike Gerend and Mark Thom, NEP dedicated operating partners and active lifestyle industry veterans, who bring relevant experience across active lifestyle, health and wellness, consumer, and technology companies. In addition to helping source and evaluate investment opportunities for NEP, Gerend and Thom play an active role in strategic planning, business growth, and corporate governance for portfolio companies.

    Gerend shared, “We are excited about both the continued expansion of NEP’s active lifestyle platform to include health & wellness and the growth prospects for Integrative Nutrition. Health coaching is on the forefront of revolutionizing the approach to helping people live healthier, and Integrative Nutrition is leading the way. This investment partnership will provide them with the necessary resources to expand aggressively across a number of sectors and segments.”   

    BMO Capital Markets advised Integrative Nutrition on the transaction; Jones Day provided legal services for NEP; PennantPark Investment Advisers provided senior debt financing; and Norwest Mezzanine Partners provided subordinated debt financing.

    Integrative Nutrition is headquartered in New York City and employs over 100 people. More information can be found on and

    Media Contact:

    Heather Goodwin
    Vice President, Marketing
    Norwest Equity Partners
    612.215.1676 Reported by GlobeNewswire 9 hours ago.

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    TAIPEI, TAIWAN - Media OutReach - 3 October 2018 - Taiwan's Ministry of Science and Technology held the "GEC+ Taipei 2018 Startup Pitch Program" at the Taiwan Tech Arena (TTA), Taipei. The program exposed TTA and the Taiwan tech-startup teams to the globe.

    Taiwan Tech Arena (TTA) host interviews with 8 influential investors to discuss the future of Taiwan's startups from the perspective of Silicon Valley veterans. (From the left to right: Mr. Alfred Mandel, Mr. Allen May, Ms. Lucy Lu, Ms. Gloria Maceiko, Mr. Suresh Pai)

    * 8 Influential Silicon Valley Investors to Link Taiwan Startups to the Globe *

    *   *

    After spending more than 20 years in the valley, these mentors have achieved exceptional accomplishments in the fields of life sciences, internet of things (IoT), semiconductors, and green energy.  In a series of interviews, they share their insights on how to nurture talent and enable Taiwanese startups to go global.


    Allan May has been involved as a founder or chairman of more than 80 MedTech, biotech, and diagnostic startups.  His renowned early-stage investment group, Life Science Angels (LSA), was named the top U.S. angel investment group with more than 60 million USD invested. In his interview, he touched upon the importance of future innovation in business models and the lean startup methodology. When asked about the role of government, he said, "Every technology converges in healthcare. Data technology, AI, genomics...the global winners will be made in medical technology, and this is a good place for government involvement."


    Gloria Maceiko, a serial entrepreneur, has more than 25 years of experience in Silicon Valley's high-tech companies and has yielded an impressive track record in recognizing new trends, such as the predecessors of iPhone and Facebook. As a mentor, she believes that a big part of creating future opportunities for Taiwanese startups is the government's role in supporting an ecosystem. She said that, "Inviting people from other successful regions to expose [to] the Taiwanese startups and finding and supporting startups with grants, is always a great start because without money, few things happen. [That's why] initial funding from government is extremely important."


    Hatim Chraibi, cofounder, CEO and managing director in North America of SPIRE Bioventures, is another mentor with over 18 years of experience in the global medical device industry.  He's adept at identifying the needs of key opinion leaders and development teams as evidenced by his major contributions in building global organizations. During his visit to Taiwan, he hopes to interact with Taiwanese entrepreneurs and assist talented teams to succeed on the international stage.


    Alfred J. Mandel has offered marketing and management related consulting services to 50 top global corporations. He founded Tenex Medical Investors which went on to become the largest health and life sciences angel capital firm in the United States.

    *   *

    * Silicon Valley to Inject Capital into Taiwan Startups for New Opportunities *

    *   *

    With over 30 years of experience in the biotech industry, Lucy Lu has led the global company Roche Diagnostics as Vice President of Technology Management and Head of the U.S. CTO. She now serves as a board member of Life Science Angels (LSA)in San Francisco. She emphasized the importance of networking, brainstorming, and the role of incubators to facilitate this interaction as in LSA where, "when we have a question we don't understand, in a couple of phone calls we can find someone to talk to."


    Suresh Pai is an entrepreneur and angel investor in medical devices. He serves as principal at LamaMed Solutions and heads a Silicon Valley startup incubator by investing aggressively and promoting external cooperation in product development of medical technologies. In his first visit to Taiwan, he expressed eagerness to meet startup teams, understand their technology, forge partnerships, and find resources.


    The final two SV mentors include Dr. Kengatharan, currently CEO of Auxesia Orion and managing partner at Atheneos Ventures. The latter is an evergreen healthcare incubator fund focused on opportunities in orphan drugs and rare diseases. Mr. Xavier Sansó Mata is a founding partner at Metrix Partners, a boutique finance advisory; he also acts as advisor in biotech and drug companies. As SV mentors, they both look forward to participate in GEC+ Taipei and speak to many of Taiwan's best startups.


    * Teaming Up with Elite Silicon Valley Mentors tonvision a Startup Future for Taiwan *


    The Global Startup ecosystem believes that nurturing early stage startups can significantly influence the startups' potential growth. Therefore, TTA attempts to act as a platform that brings together entrepreneurial resources from Taiwan and abroad, and aims to further engage acceleration resources, talent and funds from all over the world.


    TTA invited Taiwan's best startups to meet 1-on-1 with the eight Silicon Valley investors. As a technology startup resource and information exchange platform, TTA invited global partners to not only to participate in the startup pitch program, but also to have in-depth discussions with Taiwanese startup teams at the Taiwan Night hosted by TTA.


    Further information: Visit Taiwan Tech Arena's (TTA) official website. Reported by Media OutReach 8 hours ago.

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    Harit Doshi, Dan Albosta and Kevin Cope head up product, finance and legal as company rounds out leadership in response to rapid growth

    SAN DIEGO (PRWEB) October 03, 2018

    AerNos, an innovator in nano gas sensors, has expanded its senior management team with the appointments of Harit Doshi as Senior Vice President of Product, Dan Albosta, Vice President, Finance and Kevin Cope as Vice President and General Counsel. They join a team of executives with extensive experience building public and private companies and growing startups.

    Harit, who will oversee product and sensor development, spent the past 16 years at E Ink in product management and business development roles. While at E-Ink, he led a US-Asia global team that shipped over 120M units of combined products, generating 50X+ revenue growth and 10X ecosystem partnership growth. As founding General Manager of the Digital Signage Unit, Harit grew the digital signage and interactive collaboration solutions business from scratch to tens of millions in business over 4 years. He has a B.S. in Chemical Engineering from Pune University, India and a M.S. in Polymer Science from Georgia Institute of Technology, Atlanta.

    Dan joins as Vice President of Finance bringing 30 years of experience with companies including Microsoft, Qualcomm, PacketVideo and KPMG. His breadth of senior-level experience includes nearly two decades implementing and managing company-wide finance and accounting processes for start-ups as well as Fortune 500 companies. As Director of Finance at Qualcomm, Dan oversaw the team responsible for international and domestic accounting for the company’s software and services businesses. He has a BS in Accounting from Regis University, Denver and an MBA from the University of Pittsburgh.

    As Vice President, General Counsel, Kevin will manage all of AerNos’s legal processes. He comes to AerNos from Seagate where he was Deputy General Counsel. He also served as Senior Legal Director for Yahoo!. Cope’s extensive domestic and international leadership experience ranges from business formations to complex cross-border commercial transactions, mergers and acquisitions, corporate governance, corporate financings, securities and legal compliance, risk management, and general legal and business counseling. He has a BBA in Management of Information Systems from the University of Notre Dame and his JD/MBA from Villanova University.

    Kevin, Dan and Harit round out a senior management team from respected technology companies that include Microsoft, Intel and HP. They bring a depth of experience needed to scale core areas of the business including product, manufacturing, global supply chain, engineering, software, system in a package (SIP) development and corporate development.

    “The caliber of talent coming to AerNos from some of the world’s leading technology companies is impressive,” said Sundip R. Doshi, AerNos’ CEO and Founder. “The leadership and experience that Harit, Dan and Kevin add to our team will help us achieve our ambitious goals and scale the company to meet the rapidly growing demand for our game-changing sensors.”

    About AerNos
    AerNos, Inc. develops application-specific nano gas sensors based on its breakthrough and proprietary AerCNT Technology to detect harmful gases in the environment. AerNos nano gas sensors are designed to be easily integrated into consumer and commercial product lines such as standalone monitoring devices, non-stationary devices (e.g. drones, industrial robots, construction equipment), modes of transportation, wearables, smartphones, and the IoT. AerNos, AerBand, AerIoT, AerCity and AerHome are trademarks of AerNos, Inc. For more information, please visit You may also contact us at Reported by PRWeb 8 hours ago.

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    With the 34th annual Army Ten-Miler Race in Arlington, Virginia, and Washington, DC on October 7, the Semper Fi Fund is looking forward to seeing three dozen Semper Fi Fund athletes take to the course. Fund participants will include 13 handcycling competitors.

    CAMP PENDLETON, Calif. (PRWEB) October 03, 2018

    With the 34th annual Army Ten-Miler Race in Arlington, Virginia, and Washington, DC, the Semper Fi Fund is looking forward to seeing three dozen Semper Fi Fund athletes take to the course.

    “The Army Ten-Miler is the second-largest 10-mile race in the nation,” said Karen Guenther, President, CEO and Founder of the Semper Fi Fund. “For all of us at the Fund, it’s one of the most inspirational events on our annual calendar – participation in the event is capped at 35,000, and every single one of those 35,000 participants has a unique story about why they’ll be on the course that day.”

    On October 7, Army Reservist Chelsea Ray will participate in her first Army Ten-Miler for Team Semper Fi. She’s been preparing since early June 2018 with interval training consisting of 3-mile, 6-mile and 9-mile runs. Her participation carries with it a very deep and specific meaning.

    “I’m a spouse and caregiver to a combat-injured veteran who was shot four times in Afghanistan; my husband completed the race last year on a handcycle,” said Chelsea. “Due to injuring his shoulders during the L.A. Marathon, I chose to run in his place. My husband is paralyzed and is unable to run. Witnessing how he endures through constant pain with a contagious ‘never quit’ attitude, I felt as if it is my duty to represent him in the Army 10-Miler.”

    “I want to run for the injured who are unable to run and the caregivers who sacrificed so much to care for their injured veterans,” she added.

    Chris Browning, a Semper Fi Fund athlete and Marine who will be running in his first Army Ten-Miler, said that “knowing the race is in D.C., with lots of people standing around the course, it motivates me to get out there and represent Team Semper Fi and join my fellow team members.”

    “Team Semper Fi has allowed me to meet people with the same hobbies and I feel I have that sense of belonging,” Browning added. “Many members have left the military and need that connection or hobby to socialize and connect with like-minded people. Team Semper Fi has done this for me.”

    In addition to fielding 36 competitors, Semper Fi Fund will be represented at the event by staff members and volunteers dispensing information about the Fund at a hospitality tent near the area of the Pentagon grounds where the Ten-Miler begins and finishes.

    About the Semper Fi Fund
    The Semper Fi Fund provides urgently needed resources and lifetime support for post-9/11 combat wounded, critically ill and catastrophically injured members of the U.S. Armed Forces and their families. Case Managers from the Fund work one-on-one with service members and veterans to understand and support their individual needs right now and throughout their lifetimes. The Fund keeps its overhead extremely low in order to have the greatest impact on the lives of service members and veterans and has been awarded the highest ratings from watchdog groups: A+ from CharityWatch (one of only two veteran nonprofits to receive this rating last year), eight consecutive 4-star ratings from Charity Navigator (an achievement attained by only 3% of rated charities) and the Platinum Seal of Transparency from GuideStar. Learn more at

    About the Army Ten-Mile Race and Expo
    The Army’s annual Army Ten-Mile Race and Expo is conducted in Washington, DC by the U.S. Army Military District of Washington (MDW). Attracting over 35,000 runners and 900 teams from around the world, the Army Ten-Miler (ATM) exemplifies the Spirit of Sport and the Spirit of a Nation. Participants include military, civilians, wheelchair athletes and wounded warrior athletes. ATM’s mission is to support Army outreach, build morale, and promote physical fitness. Now in its 34th year, over 420,478 runners have run ATM since its inception in 1985. All race proceeds benefit Family and Morale, Welfare and Recreation programs. Reported by PRWeb 8 hours ago.

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    Compassionate Certification Centers™ has built seven medical cannabis offices throughout Western Pennsylvania. The new Erie center is located directly across from RISE dispensary, and near UPMC Hospital and the Allegheny Health Network.

    ERIE, Pa. (PRWEB) October 03, 2018

    Medical cannabis healthcare network Compassionate Certification Centers™ will host a grand opening ribbon cutting ceremony for its new Erie office on Wednesday, October 10, 2063 W. 8th Street, in Erie, Pennsylvania.

    The new location will provide medical cannabis evaluations and continued treatment services. Compassionate Certification Centers will also sell its own line of THC-free CBD products, available to patients and non-cardholders.

    Veterans and families with children who are medical cannabis patients will headline the community event. The ribbon cutting will take place at 9 a.m., for more information call 888-316-9085 or visit the online portal at

    Erie is the fourth largest city in Pennsylvania and centrally located between Buffalo, New York, and Cleveland, Ohio. Healthcare is one of the area’s driving economic sectors and continues to expand with the growing medical cannabis industry.

    Compassionate Certification Centers’ co-founder Dr. Bryan Doner completed his medical education at Lake Erie College of Osteopathic Medicine and his residency training in Emergency Medicine at Saint Vincent Health System.

    Dr. Brad Buege also has close ties to the city and will oversee the Erie office, “I grew up in Erie and raised my kids here. I know this community on a very personal level and am excited to bring our medical cannabis services to such a deserving neighborhood,” he stated.

    Dr. Buege brings over a decade of experience in Emergency Medicine and is one of over a dozen physicians at Compassionate Certification Centers.

    The Erie office is located directly across from RISE, Erie’s only medical marijuana dispensary, and is close to UPMC Hospital and the Allegheny Health Network.

    In less than a year, Compassionate Certification Centers has built offices throughout western Pennsylvania, including: Butler, Carlisle, Pittsburgh, Natrona Heights, Clarion, and Irwin.

    The company has over a dozen certified physicians with backgrounds in pain management, oncology, neurology, pediatrics, gastroenterology, immunology, primary care, rehabilitation, emergency medicine, and other specialties.

    For more information, to schedule an appointment, visit

    About Compassionate Certification Centers®
    Compassionate Certification Centers is a unique company devoted to assisting U.S. citizens who desire access to medical marijuana in a way that respects the laws and guidelines of each state law. Our approach involves convenient cannabis treatment center locations, provides nursing CBD/THC consultation and care, and proof of compliance for the respective Department of Health or Pharmacy depending on the state.

    Compassionate Certification Centers goal is to create a network of care centers with a retail component in every region of the country. CCC is dedicated to serving the needs of all patients who want to take advantage of our medical cannabis, CBD products, or services. We offer a patient-friendly experience in a comfortable and supportive environment. Our team of experts will inform, educate and guide patients, from obtaining a Medical Card to an overall improved quality of life. For information, visit or join the discussion at Facebook, Twitter, LinkedIn, Instagram and Google+.

    Compassionate Certification Centers™ does not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). Reported by PRWeb 7 hours ago.

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    Melwood is a workforce solution for high demand jobs

    UPPER MARLBORO, Md. (PRWEB) October 03, 2018

    In honor of National Disability Employment Awareness Month (NDEAM) in October, Melwood, the largest nonprofit employer for people of differing abilities in the area, is challenging companies to hire people of differing abilities and injured veterans to meet their workforce needs. Melwood currently employs over 1,600 workers, nearly 1,000 of them are people of differing abilities, who work at over 60 federal contract sites and several private businesses.

    According to the Brookings Institution, only 4 out of 10 people of differing abilities are employed despite the historically low national unemployment rates. People of differing abilities and injured veterans are an overlooked pipeline for employers in high-demand jobs like IT/cybersecurity, customer care, construction, and hospitality. For example, we are on pace to hit a half million or more unfilled cybersecurity positions by 2021.

    As part of its 5-year strategic plan, Melwood is committed to preparing people of differing abilities and injured veterans to fill gaps in today’s workforce and for the jobs of the future.

    “Melwood has a 55-year history of demonstrating that, with appropriate professional development training and retention support, people of differing abilities can be successful in the American workforce. Workers of differing abilities employed under our federal contracts consistently get high reviews for quality and performance excellence. I challenge private employers to partner with us so we can be the workforce solution for their labor needs. I can’t think of a better way to support NDEAM’s theme of America’s Workforce: Empowering All,” says Cari DeSantis, President and CEO of Melwood.

    #             #             #
    To schedule an interview with Cari DeSantis, President and CEO of Melwood, please contact Sara Newman 240-492-1972 or email sanewman(at)

    About Melwood
    Melwood is one of the largest employers of people of differing abilities in the country, employing over 1,600 workers, nearly 1,000 of them are people of differing abilities. Melwood offers job placement, job training, life skills for independence, and support services to more than 2,500 people each year in DC, Maryland, and Virginia. Melwood also provides an inclusive camp program for children and provides employment and support services to veterans and active duty military members who have experienced service-related trauma or injury. For more information visit Reported by PRWeb 7 hours ago.

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    Bessemer and Innovation Endeavors Lead Round to Accelerate Growth of Software-Defined Endpoints Pioneer

    NEW YORK (PRWEB) October 03, 2018

    Hysolate, pioneer of software-defined endpoints, today announced it has closed $18 million in Series B funding. The round, led by notable investment firms Bessemer Venture Partners and Innovation Endeavors, and including NGP Capital, will help accelerate adoption of the Hysolate Platform, a breakthrough solution that fully protects endpoints from cyberattacks while boosting end-user productivity. The investment will be used to expand Hysolate’s market presence and continue building its global customer base.

    “End-user devices are deluged by cyberattacks. To protect them, most businesses either lock down devices, making it extremely hard for people to work efficiently, or prioritize productivity and take chances with security. Either choice is untenable,” said Tal Zamir, CEO and co-founder of Hysolate. “Hysolate frees businesses from this no-win situation by transforming devices into the world’s first software-defined endpoints, making them the secure and productive environments they were meant to be. We’re very pleased that Bessemer, Innovation Endeavors and NGP Capital—all premier technology investors—believe in Hysolate’s approach and our ability to execute on our vision.”

    The vast majority—77 percent—of global organizations fell victim to at least one successful cyberattack in 2017. With high-profile data breaches like those at Under Armour and Uber on the rise, phishing attacks getting increasingly sophisticated, and damage from ransomware alone expected to reach $11.5B by 2019, it’s clear businesses don’t have a reliable way to protect their crown jewels and ensure business continuity. Hysolate’s new approach to securing endpoints with seamless isolation uniquely meets this critical need.

    “Hysolate reimagined how endpoints work and developed a platform that completely resolves the urgent productivity vs. security problem,” said David Cowan, partner at Bessemer Venture Partners. “Just as the data center is now virtualized by default with software-defined computing, networking and storage, Hysolate makes endpoints software-defined as well. The implications of this transformation can’t be overstated: businesses can finally deliver a totally unrestricted, easily managed and fully secure user experience. We believe this is a game-changer. ”

    With the Hysolate Platform, CISOs, IT leaders and end-users all get what they need, with no compromises and no risks. Hysolate turns end-user devices into software-defined endpoints, in which each endpoint has multiple isolated virtual machines. Endpoints are built on top of a slim hypervisor layer that sits below the operating system. They’re highly flexible, compatible and secure by design. Everything an end-user does happens in virtualized desktops, running locally, side-by-side with full isolation.

    The entire Hysolate experience is seamless for users, who are free to access, install and work with whatever websites, apps, external devices and cloud services they need, without being constrained by security restrictions and without exposing corporate assets. Applications automatically launch in the correct, designated virtual environment. To users, everything looks and acts like their familiar Windows desktop.

    “Hysolate has the power to revolutionize how enterprises operate, making user productivity as critical—and attainable—as cybersecurity,” said Harpinder Singh, partner, Innovation Endeavors. “The Hysolate team is uniquely qualified to deliver on this promise and has already made great strides in doing so, with its platform being used by major global brands. We’re excited to continue working with Hysolate as they grow their business.”

    As part of its B round announcement, Hysolate revealed that Amit Karp, partner at Bessemer Ventures, and Harpinder Singh, partner at Innovation Endeavors, have joined the company’s board.

    About Hysolate
    Hysolate pioneered software-defined endpoints, the most innovative way to secure user devices and boost user productivity. The solution seamlessly splits devices into segregated environments by leveraging virtualization and provides protection below the operating system. Customers include leading financial, technology and services enterprises worldwide. Hysolate’s team includes IT and cybersecurity experts who are veterans of VMware, Microsoft, CyberArk and Unit 8200 (Israel's NSA). The company was launched by Team8, a cybersecurity think tank, is privately held, and has headquarters in Tel Aviv and New York. Visit us at and follow us on LinkedIn and Twitter @HysolateNow

    About Bessemer Venture Partners
    Bessemer Venture Partners (BVP) is a $4.5B global venture capital firm that invests in consumer, enterprise and healthcare startups from seven offices around the world. One of the longest-standing venture capital firms in the world, Bessemer invested in the early stages of Pinterest, Twitch, Blue Apron and Skype and has helped 122 of its companies go public, including SendGrid, Twilio, MindBody, Shopify, Wix, Yelp and LinkedIn. Follow us @BessemerVP

    About Innovation Endeavors
    Innovation Endeavors is helping entrepreneurs drive a super evolution of industry. We invest in visionary founders, transformational technology and emergent ecosystems for a new world. The firm is headquartered in three major regions of innovation: Silicon Valley; Tel Aviv; and New York City. Investments include: CommonSense Robotics; Freenome; Planet; Plenty; SoFi; Uber; and Zymergen. For more information, visit

    About NGP Capital
    NGP Capital is a global venture capital firm with more than $1 billion of assets under management and offices in Helsinki, Geneva, Palo Alto, and Beijing. NGP Capital invests in leading growth-stage companies in areas such as Intelligent Enterprise, Smart Mobility, and Digital Health. In NGP Capital’s portfolio, you can find for example Xiaomi, Deliveroo, and Babbel. Reported by PRWeb 7 hours ago.

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    A Peter Thiel-backed startup has raised $25 million to unleash a 'virgin market of for-profit psychedelic research'· *A new biotech startup backed by Peter Thiel has raised $25 million to study the effects of psychedelics like psilocybin, the active ingredient in magic mushrooms, on depression.*
    · *Called Atai Life Sciences, the company is a spinoff of another Thiel-backed company called Compass Pathways.*
    · *German entrepreneur and investor Christian Angermayer will head up Atai with a focus on studying and producing psychedelics for mental health. *
    · *Angermayer also has plans to study drugs designed to fight aging and extend life.*


    In June, an under-the-radar startup backed by Silicon Valley tech mogul Peter Thiel made enough psilocybin — the active ingredient in magic mushrooms — to send 20,000 people on a trip. It was part of a larger effort by the company, called Compass Pathways, to study how psychedelic drugs could be used to treat depression.

    It was just the beginning.

    On Wednesday, German entrepreneur and Compass investor Christian Angermayer launched a new Thiel-backed startup focused exclusively on studying and producing psychedelic drugs for mental illness. Called Atai Life Sciences, the initiative has already raised $25 million from investors like Thiel, ex-hedge fund manager Mike Novogratz, and film producer Sam Englebardt.

    Alex Tew and Michael Action Smith, founders of the popular meditation app Calm, also invested. Former National Institutes of Health director Tom Insel, who previously served as an advisor to Compass, will stay in that role.

    Atai's parent company, Compass, laid the foundation for Atai's work on psychedelics, which will now be expanded to more studies and potentially more drugs. It raised an additional $33 million as part of the latest funding round, bringing its total to more than $38 million.

    Earlier this summer, Compass received regulatory approval to begin one of the first large studies looking at the effect of psilocybin on treatment-resistant depression, a severe form of the illness that does not respond to other medications. Compass also secured a patent on a form of the drug that it makes in a lab.

    Atai and Compass are already the world's leading producers of psilocybin, Angermayer told Business Insider. He hopes the new initiative can catalyze a "virgin market of for-profit psychedelics."

    In other words, Atai might create a medical pathway for psychedelics similar to what the marijuana industry has seen in recent years.

    In addition to its work on drugs for mental health, Atai will also study treatments designed to fight aging and extend life, Angermayer said. To do so, the company is partnering with German-based Innoplexus, which uses AI to develop drugs.

    *A resurgence of psychedelic research*

    Psilocybin has become a promising candidate for anxiety and depression treatment because it appears to disrupt the sorts of engrained brain activity patterns that are the hallmark of those diseases. One recent study looked at the compound's potential to help alleviate anxiety in cancer patients; others have looked at psilocybin's potential effect on depression, PTSD, and alcoholism.

    Compass Pathway's study, which got FDA approval in August, looks at the effect of three different doses of psilocybin (1 mg, 10 mg, and 25 mg) on treatment-resistant depression. A "standard" dose of dry magic mushrooms is roughly 2 grams, or about 20 mg pure psilocybin, according to nonprofit educational organization Erowid. The clinical trial involves 216 people enrolled across several research sites in Europe and North America.

    The magic mushroom isn't the only psychedelic drug getting renewed attention. There's been a steady trickle of scientific research on psychedelic drugs' potential therapeutic benefits for at least the last five years.

    A study in 2017 indicated that ecstasy could help veterans cope with PTSD symptoms; one in 2012 hinted that ketamine might curb major depression. That spate of research finally seems to be leading to the development of promising potential treatments that could get government approval.

    David Nutt, the former chief drug advisor for the British government and a current advisor to Compass Pathways, is optimistic about the federal approval process. He told Business Insider last year that he expects to see psilocybin approved as a treatment for depression by 2027.

    *Capitalism comes to psychedelics?*

    Not everyone is thrilled about the idea of a for-profit company leading the research on psychedelics. So far, the bulk of work in the field has been pioneered by researchers and nonprofits. Now that could change.

    "Is this going to be the Eli Lilly of psychedelics? No one ever imagined that," Charles Grob, a professor of psychiatry at the University of California, Los Angeles and an author on one of the first studies of psilocybin in cancer patients, told Business Insider. Grob is also affiliated with the nonprofit research institute LA Biomed.

    "Capitalism comes to psychedelics? I don't know what kind of fit that will be," Grob said.

    Angermayer thinks the results of his company's studies will speak for themselves. He estimated that by the time the clinical trial results come out in the fall of 2019, it won't be more than two years until psilocybin becomes the first medically-approved psychedelic for depression.

    "After that, there will be no doubt" that the drug works to treat depression, he said.

    *SEE ALSO: A startup backed by Peter Thiel has churned out 20,000 doses of magic mushrooms, and is making more*

    *DON'T MISS: Why psychedelics like magic mushrooms kill the ego and fundamentally transform the brain*

    Join the conversation about this story »

    NOW WATCH: NASA footage shows the 'nightmare' Hurricane Florence Reported by Business Insider 7 hours ago.

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    LOS ANGELES--(BUSINESS WIRE)--HyreCar, Inc. (Nasdaq: HYRE), the carsharing marketplace for ridesharing, today announced its strategic joint venture with Dave Haley, CEO of American Business Insurance Services (ABI), and Peter Foley, CEO of LILCHA Holdings. An extension of an ongoing partnership, this venture will focus on creating an insurance captive designed specifically for carsharing in the ridesharing space. “Peter and Dave have been with HyreCar from the beginning, and this announcement c Reported by Business Wire 7 hours ago.

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