US government invested $80bn in Egypt over 40 years: Amb.

American Chamber of Commerce | January 29, 2020

The United States' government provides robust support for Egypt, both bilaterally and through multilateral institutions, having invested over $80 bn in Egypt over the 40 years of the strategic partnership, US ambassador to Egypt Jonathan Cohen said during his speech at the event organised entitled 'The US-Egyptian strategic partnership and opportunities for commercial engagement," organised by the American Chamber of Commerce (AmCham) on Tuesday. The United States Agency for International Development (USAID), just celebrated its 40th year partnering with the Egyptian people to improve economic growth and trade, healthcare, education, vocational training, water, sanitation, historical site preservation, and so much more, the ambassador mentioned.

Spotlight

The Council On State Taxation (COST) and our research affiliate, The State Tax Research Institute (STRI), have long been committed to increasing the body of knowledge and enhancing public dialogue relating to the state and local taxation of business entities. We are pleased to present our latest contribution to that effort, “The Impact of Federal Tax Reform on State Corporate Income Taxes,” by Andrew Phillips and Steve Wlodychak of the National Tax Practice of Ernst & Young LLP (EY). Congressional enactment of the 2017 Tax Cuts and Jobs Act (TCJA) heralded the most significant changes to our federal tax system in over thirty years, affecting both individual and corporate income taxes.

Spotlight

The Council On State Taxation (COST) and our research affiliate, The State Tax Research Institute (STRI), have long been committed to increasing the body of knowledge and enhancing public dialogue relating to the state and local taxation of business entities. We are pleased to present our latest contribution to that effort, “The Impact of Federal Tax Reform on State Corporate Income Taxes,” by Andrew Phillips and Steve Wlodychak of the National Tax Practice of Ernst & Young LLP (EY). Congressional enactment of the 2017 Tax Cuts and Jobs Act (TCJA) heralded the most significant changes to our federal tax system in over thirty years, affecting both individual and corporate income taxes.

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Accela Named Microsoft US Government Partner of the Year for Third Consecutive Year

Accela | July 08, 2022

Accela®, the trusted provider of cloud solutions for government, today announced that it was selected as Microsoft's 2022 US Government Partner of the Year for the third consecutive year. Accela was honored among top Microsoft partners for providing innovative services based on Microsoft technologies to state and local government customers, as well as demonstrating thought leadership in the government technology sector. Accela's SaaS solutions, which are powered by Microsoft Azure, equip state, county and local governments with an agile, purpose-built platform to automate and modernize essential government functions within economic development, community development, and public safety. "We are proud to be recognized by Microsoft for our partnerships with governments around the globe. With Accela, in partnership with Microsoft, our customers can have confidence their data is being kept safe with the latest updates and best practices, which is essential to support ongoing security, compliance and government regulation requirements. "By 2025, 95% of new IT investments made by government agencies will be made in as-a-service solutions. As governments accelerate their digital transformations, Accela will continue to deliver secure cloud-based solutions, powered by Microsoft, that provide vital services, modernize employee and resident experiences, and bolster economies." Tom Nieto, chief operating officer of Accela The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered outstanding Microsoft-based solutions during the past year. Honorees are chosen from a set of more than 4,400 submitted nominations from more than 100 countries worldwide. More than 275 million residents globally benefit from Azure-powered Accela solutions for permitting, licensing, and code enforcement. Accela is Gold Certified Partner in the Microsoft Partner Program, with a competency in ISV/Software Solutions. As a Gold Certified Partner, Accela has demonstrated its expertise with Microsoft technologies and a proven ability to meet customers' needs. Today's announcement builds on Accela's momentum in the cloud govtech space. Most recently, Accela launched a new offering, Managed Application Services, to help government agencies achieve increased flexibility and reliability in managing IT staffing needs. About Accela Accela provides a unified suite of cloud solutions trusted by governments across the globe to accelerate their digital transformation, deliver vital services, and build stronger communities. More than 275 million citizens worldwide benefit from Accela's government software solutions. The company offers agile, purpose-built solutions and the power of a platform that provides users with a consumer-like experience, shares data across departments, and ensures world-class security.

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CYBERSECURITY

Verimatrix Threat Defense Technology Wins 2022 Global Infosec Award

Verimatrix | June 20, 2022

Verimatrix, the leader in powering the modern connected world with people-centered security, announced Verimatrix App Shield, part of the company’s Extended Threat Defense family of products, won this year’s Global Infosec Award for Most Comprehensive Mobile Application Security. Providing fast yet comprehensive protection for mobile apps, developers turn to App Shield for powerful no-code protection against potentially devastating threats such as reverse engineering, application repackaging, emulators, debuggers and more. In 2021, Verimatrix was named winner in the Next Gen for Application Security category, marking ongoing recognition for its application shielding technology that continues to protect a growing number of apps worldwide spanning industries such as automotive, finance and medical. Verimatrix uniquely combines ease of use with security innovations that make App Shield an appealing option for protecting an app for publishing on the app stores. We’re pleased to receive this repeated honor, as we are committed to providing a streamlined path toward powerful protections – freeing up app developers to focus on their core business while still providing peace of mind that vital intellectual property, source code, APIs and personal data are safe.” Asaf Ashkenazi, Chief Operating Officer and President at Verimatrix App Shield injects protections directly into an Android APK or iOS xcarchive package via a zero-code SaaS service that takes only minutes to use. App Shield support various mobile app programming languages such as Swift, Kotlin, Java, C, C++ and Obj-C. The industry award program has been organized by Cyber Defense Magazine (CDM) for the last 10 years. Its judges are CISSP, FMDHS, and CEH certified security professionals who vote based on their independent review of company submissions. About Cyber Defense Magazine Cyber Defense Magazine is the premier source of cyber security news and information for InfoSec professions in business and government. Managed and published by and for ethical, honest, passionate information security professionals, the magazine’s mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. It delivers electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. About Verimatrix Verimatrix helps power the modern connected world with security made for people. We protect digital content, applications, and devices with intuitive, people-centered and frictionless security. Leading brands turn to Verimatrix to secure everything from premium movies and live streaming sports, to sensitive financial and healthcare data, to mission-critical mobile applications. We enable the trusted connections our customers depend on to deliver compelling content and experiences to millions of consumers around the world. Verimatrix helps partners get to market faster, scale easily, protect valuable revenue streams, and win new business.

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EMERGING TECHNOLOGY

Sigma Defense Announces Acquisition of Sub U Systems to Deliver Enhanced C5ISR and JADC2 Capabilities

Sigma Defense | May 18, 2022

Sigma Defense Systems LLC, a portfolio company of Sagewind Capital and leading provider to the national security community, announced it has acquired Sub U Systems. Founded in 2008, Sub U Systems is a leading manufacturer of deployable tactical edge-of-network route, switch, and computing technology for commercial, government, and military use. The acquisition of Sub U Systems strengthens the Sigma Defense portfolio, expanding its existing capabilities for C5ISR, JADC2 and tactical SATCOM communications to deliver a more robust portfolio of solutions tailored to specific use cases. Together, Sigma Defense and Sub U Systems are positioned to deliver a broad range of software applications via a common hardware platform to include ISR relay, edge computing, AI/ML and analytics at the edge. Sigma Defense’s operating model, process maturity and management experience will further strengthen Sub U Systems’ product capabilities. The acquisition of Sub U aligns with our vision of autonomously connecting people, systems and data with an integrated hardware and software approach to communications. We are very excited to be able to deliver a platform that will support leading edge solutions such as artificial intelligence and machine learning and analytics at the edge delivering sense, make sense and act capabilities supporting the DoD vision for JADC2. Sub U not only accelerates our vision for the future, but their customers will recognize immediate benefits through our ability to scale and deliver more in the way of engineering resources, manufacturing output and program management.” Matt Jones, CEO of Sigma Defense “Sigma Defense is a natural fit for Sub U Systems’ tactical communications and IP networking solutions,” said Keir Tomasso, President and Founder of Sub U Systems. “Our history of innovative product design and development of customized communications solutions will bring new capabilities to the Sigma Defense portfolio. Sub U customers will benefit from the experience of the Sigma Defense management team and their ability to scale and deliver system and solutions in support of customer’s unique requirements. I am very proud of what we have accomplished and the entire Sub-team looks forward to bringing our innovative approach to Sigma Defense.” Mr. Tomasso will continue to oversee Sub-U Systems operations and develop new solutions for growth. About Sigma Defense Sigma Defense Systems LLC is a leading technology company serving the Department of Defense (DoD) providing systems and services for Intelligence Surveillance and Reconnaissance since 2006. The company’s software-focused approach to tactical communications accelerates information collection and sharing for faster decision making and better mission outcomes. Customers turn to Sigma Defense for engineering, program management, and data logistics services for technical solutions that encompass ground, air, and space-based systems and sensors and network and satellite communications. Sigma is headquartered in Perry, GA with satellite offices both CONUS and OCONUS. About Sub-U Sub U Systems (SUB-U) designs and manufactures software and hardware-based IP routers, switches, computers, integrated IP-based appliances, and Software Definable Network Appliances (SDN‑A), for the commercial, public safety, and defense markets. As NSA Commercial Solutions for Classified (CSfC) experts, SUB-U delivers secure, high-performance products that meet the most stringent environmental requirements where ruggedization, size, weight, and power are critical. SUB-U also provides a full range of specialized support services in the form of custom design engineering and communications solution engineering support services.

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