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.
US Department of Energy (DOE) | August 18, 2022
To commemorate the fifth anniversary of Hurricane Harvey, the Houston energy community, brought together by ALLY Energy, is convening with the US Department of Energy (DOE) to explore the progress Houston has made since 2017 on climate resiliency and on ensuring a just energy transition. Hurricane Harvey was a significant recent reminder of the critical need for climate resilience and for the transition to net-zero economies to be inclusive and just – so no one is left behind.
“A just and inclusive energy transition doesn’t happen without a strong partnership between the private and public sector. We are proud to host DOE and honor the mayor for creating and adopting a city-wide Climate Action Plan and representing Houston on a national level as the Chair of the Climate Mayors.”
-Katie Mehnert, CEO of ALLY Energy.
Following a series of informative meetings around Houston, the DOE visit will culminate in a luncheon on Friday, August 26 during which Mayor Turner, the DOE, and Houston energy leaders will discuss the lessons learned over the last five years and what a just energy transition means for our community. ALLY Energy will also present Mayor Houston with its first Lifetime Achievement GRIT Award for his work on climate resiliency.
I am honored and humbled to accept the first ALLY Energy Lifetime Achievement GRIT Award, said Mayor Sylvester Turner. Houston has faced seven federally declared disasters in seven years. Yet, our city proves time again that we are strong and resilient as we build toward the future. We are the energy capital of the world while leading on energy transition. We know we can effectively mitigate climate change, implement resilient strategies, and address the needs of our most under-resourced communities - without leaving anyone behind.
We applaud Mayor Sylvester Turner and our fellow energy leaders for the important work our city is doing to ensure Houston is leading the charge in accelerating a just energy transition, said William J. (John) Berger, Chief Executive Officer of Sunnova Energy International. If the current global energy crisis has taught us anything, it’s that our country, and our home state of Texas, must come together to support a resilient energy transition by ensuring we address energy affordability, safeguard energy security, and mitigate climate change in the face of growing economic hardship and extreme weather events.
Also at the lunch, the audience will get to experience a film premier from the Rational Middle, a documentary that highlights experts in environmental justice and aims to clarify how we can take advantage of the opportunities of a just transition.
“We believe for the U.S. to make progress and to achieve its net zero goals, everybody has to feel they are part of the energy transformation, As we all build a cleaner energy future together, Shell USA will continue to focus on how we create economic, social, and environmental value in our communities and nationwide. We are very proud to partner with Shell USA’s hometown, Houston, on its path toward climate resiliency.”
-Gretchen Watkins, President Shell USA, Inc.
INFORMATION ON THE LUNCHEON
Houston has long been known as the oil and gas capital of the world. As it transitions itself to the energy capital of the world, how can it ensure a just transition? Attend the limited-seating event by registering here. We are grateful to our sponsors, Shell USA, Inc. and Sunnova Energy, for helping to make this important event a reality.
ABOUT ALLY ENERGY & THE GRIT AWARDS:
ALLY Energy is the leading energy workforce platform that builds culture, careers, and skills for an equitable transition. ALLY connects the energy industry and public to resources and best practices and serves as a neutral platform for dialogue and actions to address the energy transition. The community includes professionals and startups in 120 countries in nearly 1,000 companies across energy in oil and natural gas, utilities, renewables, and climate technology. The annual GRIT Awards℠ & Best Energy Workplaces℠ were created to honor industry leaders, professionals, academia, students, and public servants for their achievements in driving a just, equitable, diverse, and inclusive energy transition.
SuperCom | July 22, 2022
SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured a new contract to deploy its Pure Security suite of electronic monitoring with a new customer in South California.
This customer is a long-standing provider of products and services to the Criminal Justice market with primary operations in the southern part of California. SuperCom's proprietary electronic monitoring products and robust business model working directly with government agencies as well as electronic monitoring service providers were both instrumental in securing the contract. The contract is structured as a per unit per day lease model, with billing at the end of each month, for the use of the PureSecurity suite.
"As a developer of public safety solutions, the stakes are high and we must be selective in who we work with. We are constantly impressed by the high caliber of partnerships with local providers we are able to form. These quality partnerships are a testament to the value our products bring to the market, We were able to secure this contract after our proprietary products were evaluated and compared to other competing products by a long-standing provider in the industry. SuperCom continues to win new business in a competitive and demanding market with legacy incumbent vendors, and each win continues to demonstrate industry acceptance and faith in our unique technology and innovative solutions. We expect to see more wins over our competition going forward."
-Ordan Trabelsi, CEO and President of SuperCom.
SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform with a comprehensive set of innovative features, including smartphone integration, secure communication, advanced security, anti-tamper mechanisms, fingerprint biometrics, voice communication, unique touch screens, and extended battery life.
Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, livestock monitoring, and building and access automation.