GOVERNMENT BUSINESS,GOVERNMENT INSURANCE
Voxtur | July 06, 2022
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) ("Voxtur" or the "Company"), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce that, further to the news release issued on June 9, 2022, it has completed the arm's length acquisition of Municipal Tax Equity Consultants Inc. ("MTEC") and its associated entity, MTAG Paralegal Professional Corp., acquired MTE Paralegal Professional Corporation ("MTEP", and together with MTEC, “MTE”) (collectively, the "Acquisition").
MTE provides technology-enabled solutions to help municipal governments maximize property tax revenue, mitigate future liabilities, manage operations from emerging opportunities, and develop property tax policy frameworks.
"As a fully integrated real estate technology company, we are setting new standards built on innovation and execution, This acquisition expands Voxtur's reach as a reliable source of targeted data and industry expertise to benefit municipalities."
-CEO Jim Albertelli, Voxture.
The purchase price for the acquisition of MTEP is $900,000 payable in cash and the aggregate purchase price for the acquisition of MTEC by Voxtur is $3,500,000, subject to customary adjustments, (the “MTEC Purchase Price”), paid in a combination of cash, totaling $2,200,000, and common shares of the Company (“Common Shares”), with $800,000 of the MTEC Purchase Price satisfied by the issuance of 808,080 Common Shares at closing, priced at $0.99 per Common Share, and $500,000 of the MTEC Purchase Price satisfied by the issuance of up to 505,050 Common Shares subject to an escrow hold period of 18 months priced at $0.99 per share. The number of escrowed shares to be issued following the escrow hold period are subject to a downward adjustment. In addition, $500,000 of the cash portion of the MTEC Purchase Price will be subject to an escrow hold period of 18 months.
In addition to the benefits the Company will see as a result of the Acquisition, the property tax sector has embraced Voxtur's flagship sketch technology, known as Apex. The proprietary imagery and web-based GIS applications unify property-related data and enable desktop review of properties. The software, data analytics, and visual intelligence are focused on real property and primarily serve the property assessment, property taxation, municipal, insurance, and appraisal sectors, both public and private. Counties across North America see the benefits from this technology resulting in efficiencies impacting productivity and accuracy.
Voxtur is a transformational real estate technology Company that is redefining industry standards in a dynamic lending environment. The Company offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently value assets, originate and service loans, securitize portfolios and evaluate tax assessments. The Company serves the property lending and property tax sectors, both public and private, in the United States and Canada.
Avertium | July 21, 2022
Today, Avertium announced Fusion MXDR, a new service the security partner is providing for Microsoft Security customers. This threat-informed, managed extended detection and response (MXDR) service from Avertium includes threat intelligence, attack surface monitoring, NIST CSF framework, and vulnerability management as part of a cyber maturity program for Microsoft Defender for Endpoint and Microsoft Sentinel.
"Fusing endpoint and event management technology with cyber maturity and professional services is the crux of Fusion MXDR. Companies that invest in Microsoft Security Solutions can maximize those investments by integrating new threat defense intelligence as part of the adaptable MXDR service. Companies that rely on Microsoft Security technology for primary threat defense can optimize those investments by fusing that technology with insights from new threat behavior, Comprehensive cyber maturity is achieved with an MXDR approach that gets stronger with new intelligence over time, From implementation and optimization to ongoing management and tuning, Fusion MXDR allows Microsoft Security customers to adapt, attack, and evolve with emerging threats."
-Jeff Schmidt, CEO at Avertium
Schmidt explains Fusion MXDR is built for Microsoft Security customers that want to replace legacy tools, consolidate point solutions, and build a cyber maturity program that is integrated with Microsoft Defender for Endpoint and Microsoft Sentinel platforms.
Avertium is the security partner that companies turn to for end-to-end cybersecurity solutions that attack the chaos of the cybersecurity landscape with context. By fusing together human expertise and a business-first mindset with the right combination of technology and threat intelligence, Avertium delivers a more comprehensive, more programmatic approach to cybersecurity - one with cyber fusion services that drive action on the ground and influence in the boardroom. That's why over 1,200 mid-market and enterprise-level organizations across 15 industries turn to Avertium when they want to be more efficient, more effective, and more resilient when waging today's cyber war.
Carahsoft | June 08, 2022
Ping Identification, the intelligent identity solution for business and government, has announced that its Identity, Credential, and Access Management (ICAM) products are now available through the Carahsoft Amazon Web Services (AWS) Marketplace for Federal organizations. Customers can use AWS Marketplace advantages including easy access, variable pricing periods, simplified billing, quick setup, and license management to implement a Zero Trust architecture.
At a time when agencies are under pressure to satisfy more strict standards and policies set by the Federal Government, cloud-based AWS Marketplace access makes purchasing and implementing security and identity solutions easier, faster, and more cost-effective. The White House Executive Order on Improving the Nation's Cybersecurity, which mandates the deployment of Zero Trust architecture, is one of these requirements.
Ping Identity provides the solutions that government entities need to modernize their complex, hybrid environments and facilitate the move to a Zero Trust architecture. As Ping Identity's Master Government Aggregator®, we are proud to work with our reseller partners to support Federal Agencies in performing secure, mission-critical work from any location."
Rich Maigue, Sales Director who leads the Ping Identity Team at Carahsoft