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LIXIL Taps Industry Veteran Kelly Safis as First Female Executive to Lead Sales in Americas

LIXIL

LIXIL Americas, maker of pioneering water and housing products, today announced that Kelly Safis joined the company late last month as Leader of Sales in the Americas. Safis is the first female executive to hold this position at LIXIL Americas; this leadership hire continues the company’s commitment to achieving gender equality and supporting employee empowerment through equity and workplace changes. “I am thrilled to welcome Kelly to the LIXIL family. She has demonstrated a stellar track record of overseeing large sales teams and achieving impressive business growth. Her knowledge of our customers and decades of experience in the building and construction space make her an ideal fit for our organization,” said Trey Northrup, Leader, LIXIL Americas. “Kelly is the first female executive to hold this regional position. Adding her to our leadership team demonstrates our commitment to driving greater gender parity across LIXIL.” Safis brings more than 30 years of experience in Supply Chain, Trade Marketing and Field Sales, and her diverse background will further position LIXIL Americas to continue to deliver strong long-term growth. She most recently held the position of General Manager, Builder Sales and Operation at Whirlpool. In her new role at LIXIL, Safis will be responsible for leading the strategic direction and implementation of LIXIL’s refreshed go-to-market strategy in the United States and Canada. She will work closely with customers in LIXIL’s trade, retail and distribution networks to achieve key business objectives. “I am excited to join LIXIL and help grow its portfolio of iconic global brands,” said Kelly Safis, Leader, Sales, LIXIL Americas. “We have an ambitious undertaking of reaching $2.5 billion in sales by 2025 and I am confident that we can achieve this goal with our stellar group of knowledgeable and hardworking sales professionals.” Safis earned her Bachelor of Arts in Marketing with a concentration in Supply Chain from Michigan State University. Her holistic approach to managing a sales unit, from people management to complex negotiations and channel development, will take LIXIL’s agile and empowering culture to the next level. To learn more about LIXIL’s pioneering initiatives and products that make better homes a reality for everyone, everywhere, visit lixil.com. About LIXIL LIXIL (TSE Code 5938) makes pioneering water and housing products that solve everyday, real-life challenges, making better homes a reality for everyone, everywhere. Drawing on our Japanese heritage, we create world-leading technology and innovate to make high quality products that transform homes. But the LIXIL difference is how we do this; through meaningful design, an entrepreneurial spirit, a dedication to improving accessibility for all, and responsible business growth. Our approach comes to life through industry leading brands, including INAX, GROHE, American Standard, and TOSTEM, [as well as specialty brands such as DXV]. Approximately 55,000 colleagues operating in more than 150 countries are proud to make products that touch the lives of more than a billion people every day. Learn more at lixil.com, Facebook and LinkedIn. Contact Details Hot Paper Lantern for LIXIL Americas - American Standard, GROHE, DXV Carly Sylvester lixil@hotpaperlantern.com

May 03, 2022 09:00 AM Eastern Daylight Time

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Spiceology Kicks Off Barbecue Season With ‘Golden Tongs Sweepstakes’

Spiceology

Spiceology, the fastest-growing spice company in America, is kicking off National Barbecue Month with its first-ever Golden Tongs Sweepstakes. Known for its innovative spice blends and barbecue rubs, Spiceology is giving three lucky flavor fans a chance to create a BBQ blend worthy of joining the ranks of the Spiceology ‘Grill Greats’ like Derek Wolf, Christie Vanover and Chad White. Through May 31, 2022, any purchase made directly from Spiceology.com will automatically enter customers into the sweepstakes. Fans can also enter by sending their name, address, and phone number to goldentongs@spiceology.com, with entries limited to one per person. Taking a page out of Willy Wonka’s playbook, the sweepstakes will grant the winners a pair of golden BBQ tongs and a trip to Spokane, WA to tour the Spiceology flavor factory and formulate their very own Spiceology BBQ blend. “The Spiceology community is enthusiastic and ever growing, and we wanted to do something to bring our fans even closer to the brand,” said Tony Reed, Senior Director of Innovation and Partnerships at Spiceology. “What better way to continue growing our connection to the community than immersing them in our world and getting a few lucky fans into the lab to see where and how all of the magic happens? Spiceology is a beloved brand, and we have our customers, fans and community to thank for that.” Winners will work with Chef Tony Reed and Derek Wolf, Spiceology collaborator and the grill great behind the social phenomenon @overthefirecooking. “Flavor innovation is at the core of our company,” said Chip Overstreet, president and CEO of Spiceology. “Our unique flavor combinations, like Smoky Honey Habanero and Black & Bleu, are what makes us a fan favorite. We’re excited to share the creative experience with our community and see what flavors and ingredient combinations they come up with.” Following the trip to Spiceology’s headquarters in Spokane, each winner’s blend will be judged by the roster of Spiceology Collaborators, including award-winning pitmaster Christie Vanover, Burger Aficionado Chef Alvin Cailan, television celebrities and grilling experts The Grill Dads, Top Chef Chad White and more. One delicious blend will be chosen as the ‘Golden Tongs Blend’ and sold on Spiceology.com as a limited-time offering during the holidays. For more information visit www.spiceology.com/golden-tongs. ABOUT SPICEOLOGY Founded in 2013, Spiceology is the fastest-growing spice company in America and is on a mission to bring the magic back to spices, the world’s first currency. The chef-owned and operated, one-stop spice shop develops innovative blends and offers over 400 ingredients that are ground fresh in small-batches and shipped fresh to consumers and chefs. Spiceology’s “experiment with flavor” ethos is not only embraced through excellent ingredients and unique combinations, but also through responsible business practices designed to create a better world with diversity, equity and inclusion at the heart of the workforce. Spiceology products can be found on spiceology.com, in specialty retailers and grocers, in restaurants around the US, and as far away as Australia and Dubai. Visit spiceology.com for more information or to place an order,or follow Spiceology on Facebook and Instagram. For recipe inspiration, visit here. Contact Details Spiceology Cassidy Levine +1 908-770-7880 cassidy@spiceology.com Company Website https://spiceology.com/

May 02, 2022 08:00 AM Eastern Daylight Time

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Top Tips for Returning to the Office

YourUpdateTV

With pandemic restrictions being lifted around the country, people are returning to a work environment that looks familiar but feels much different. Recently, Dr. Dana Sumpter, a Professor of Organization Theory and Management at Pepperdine Graziadio Business School, participated in a nationwide satellite media tour to discuss tips for employees, especially working moms, returning to the office and what organizations can do to help facilitate the process. A video accompanying this announcement is available at: https://youtu.be/vdw5gcwfEuI Employees are facing many challenges as they return to the office, especially working parents and caregivers. The first is how returning to the office can impact scheduling. Going back to the office means creating new routines, which can impact an entire household. There is also the challenge of uncertainty. The continued uncertainty around childcare, schooling, health protocols, and more, can completely disrupt a work routine and make it difficult to integrate back into the office. One suggestion from Dr. Sumpter? Be very clear about your availability. During the pandemic, many employees became accustomed to being “constantly available,” which is unsustainable in an office environment. It’s important to be proactive in regard to what you want your work hours to be and be clear with co-workers about when you need to take some time for yourself. Companies and organizations can also take the lead in helping their employees successfully return to the office. The first thing they can do, is keep their finger on the pulse of how employee re-entry is going, which means listening and paying attention to how their employees are feeling. It’s also important to consider employees’ holistic needs. Employers can demonstrate they care about employees holistically by upping their support policies and structure opportunities for people to connect. One potential way to jumpstart or revitalize your work life? Dr. Sumpter suggests earning a higher degree, such as an MBA or aMasters in Leadership, can be an experience and credential to help employees reach their career goals. For more information, visit bschool.pepperdine.edu About Dr. Dana Sumpter: Dana Sumpter is an Associate Professor of Organization Theory and Management at Pepperdine Graziadio Business School. Her research employs a cross-cultural lens in understanding social behavior at work, studying topics including energy, mindfulness, power, work/family systems, people management, and work relationships. She has published in numerous academic journals, and her recent award-winning international management case focused on a woman’s human resource management expatriate role in Oman. In addition to her teaching and scholarship, Professor Sumpter enjoys consulting, giving presentations and talks, and running professional workshops. She gave a popular TEDx talk in 2018 titled "Don't Underestimate Working Mothers." Previously, she was a Vice President of Human Resources at Citigroup, based in New York and Singapore. Across 10 Asia-Pacific nations, Dr. Sumpter has led live executive training and coached executives on people management skills. She is an avid traveler, who has spent time in more than 30 countries, and counting! Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

April 28, 2022 06:00 PM Eastern Daylight Time

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State of Texas Selects Comcast Business to Offer High-Speed Networking Solutions Throughout the State

Comcast Houston

The State of Texas’ Department of Information Resources (DIR) has selected Comcast Business as one of its providers in delivering high-capacity, fiber and broadband services to state agencies and public sector entities throughout the state. This new agreement provides agencies an additional set of diverse network solutions statewide. “We understand how critical it is for Texas’ agencies and educational institutions to stay up-to-date on, and connected to, some of the latest network solutions, particularly as reliance on them has increased exponentially in recent years,” said David Cross, Vice President of Public Sector Sales for Comcast Business. “We are proud to be able to offer a convenient and quick path to network connectivity for the State of Texas. We look forward to future partnerships, and to building the future of Texas’ network.” About Comcast Business: Comcast Business offers a suite of Connectivity, Communications, Networking, Cybersecurity, Wireless, and Managed Solutions to help organizations of different sizes prepare for what’s next. Comcast Business offers an expansive portfolio of services through the TEX-AN Program, including offerings such as Metro Ethernet, Dedicated Internet Access, SDN, software-defined wide-area-network (SD-WAN), network function virtualization, and network virtualization. Comcast Business has also been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest-growing providers of Ethernet services. Contact Details Comcast Houston Foti Kallergis +1 832-986-0196 foti_kallergis@comcast.com Company Website https://houston.comcast.com/

April 27, 2022 02:22 PM Central Daylight Time

Aiding and Abetting Sandwich Trades, Front Running and MEV is anti-ESG

Telos Foundation

With ESG in the forefront, where is the social responsibility in networks that not only pollute our environment, but also aid and abet the ongoing theft that’s soon to surpass a billion dollars? Maybe it is not yet fully understood by the masses, but front running / MEV is quite literally organized theft, and it is running rampant on almost every blockchain network. Crypto enthusiasts need to understand that trader / miner bots are predatorily stealing money from DeFi and NFT traders daily. This theft is no different than your personal stockbroker using the knowledge of your pending trades only to further themselves and at your expense. These practices are not only unethical, but they are also illegal in any other modern day exchange environment. So why the blind eye and why the free pass? The same goes with the glutinous energy consumption. Why would any responsible entity or individual continue to support these super low standards? There is a massive lack of social responsibility. Especially considering that these networks are all easily replaceable by far superior technologies. Metaphorically, why does the world continue to nurture the coal fired engine and bank robbers when socially responsible zero-point energy exists? These are some of the questions that the Telos team is working through and effectively delivering on with its ESG compliant tEVM. The world’s fastest carbon neutral EVM! Telos Blockchain continues to work on solidifying its path in becoming the benchmark standard for credible neutrality and ESG compliance in crypto. For those new to ESG, the acronym stands for Environmental, Social and Governance. It’s a criterion which is popular in the world of business and investing. It defines three broad categories of interest for what is termed socially responsible for investors. “E” - As part of this ESG commitment, Telos recently became the first and only carbon neutral ( Net Zero ) EVM. This newest accomplishment makes the Telos EVM the most environmentally (the “E” in ESG) conscious Ethereum Virtual Machine. “S” - Telos’ socially (the “S” in ESG) responsible Ethereum Virtual Machine is the only EVM that puts an end to the front running theft that is unethically targeting hundreds of millions of DeFi traders. “G” - DeFi on Telos is 100% free of Sandwich trades, Front Running and MEV (miner extracted value) because of its fair governance (the “G” in ESG). Telos insulates all trades with a first in first out governed protocol. Therefore, there is never any reordering of the mempool, making it impossible to game the system. From a socially diversified work team gracefully working together from all corners of the globe to decarbonization and biochar to the fairest smart contract powered governance system, Telos as a Layer 1 is pushing the ESG envelope to new standards in crypto. The tEVM’s ecosystem is closing on 6 months of strategic growth since its launch. On the DeFi side, it has already launched multiple Dex/AMMs, Price Oracles, Farming dApps, multi-Chain bridges, Lending dApps and everything else that a vibrant DeFi ecosystem requires to level up its TVL and end user occupancy. Telos’ TVL is currently where the top marketcap chains were not too long ago, but with far superior governance, no front running, credible neutrality, true decentralization, and an ESG compliant EVM that is several multiples faster. In utopian fashion, Telos’ ecosystem is now ready to scale its occupants and its TVL simultaneously. About Telos Live since 2018, Telos Blockchain (ticker: TLOS) is a third-generation smart contract platform that offers compatibility with Solidity, Vyper and Native C++ smart contracts. Telos provides full EVM/Solidity support with fixed low-cost gas fees and no front running. Uniquely, Telos also offers a path to fee-less transactions via its robust native C++ smart contract support. Even while operating as a Net Zero Blockchain, the chain still sustainably support hundreds of millions of transactions per day, produces blocks in 0.5 second intervals (on a first-in-first-out basis, eliminating front running on the network) and securely validates transactions via a credibly neutral and globally decentralized block producer network. The Telos Blockchain has the throughput needed to facilitate and scale the thriving Metaverse / Web 3.0 better than any other blockchain. Its performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, credible decentralization, and end-user fairness. Telos, harnesses its power by utilizing tight C++ on the frontend and a custom WASM runtime environment on the backend. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

April 27, 2022 10:03 AM Eastern Daylight Time

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Akeneo Appoints Mark Holenstein as Chief Operating Officer

Akeneo

Akeneo, the global leader in product experience management (PXM) and product information management (PIM), announced today the appointment of e-commerce and PIM veteran Mark Holenstein as Chief Operating Officer (COO), effective immediately. In his role as COO, Holenstein is responsible for the Sales, Customer Service, and Marketing departments, overseeing Akeneo’s aggressive growth strategy in the United States, Europe, and Asia-Pacific regions. Holenstein joins the company with more than 25 years of leadership experience across the retail, e-commerce, and PIM industries. Prior to joining Akeneo, Holenstein held the position of COO at SaaS vendor Signavio, where he successfully scaled and optimized the Go-To-Market teams and strategy, both of which were instrumental in the company’s $1.2B sale to SAP in 2021. “With a history of scaling SaaS companies to unicorn status, Mark brings unique expertise to Akeneo that will be instrumental as we prepare a massive global scale-up,” said Fred de Gombert, Co-founder and CEO of Akeneo. “Over the course of his career, Mark has demonstrated time and time again the ability to develop and manage innovative go-to-market strategies across global teams, and I’m thrilled to welcome him to the Akeneo family.” Before joining Signavio, Holenstein spent ten years at Hybris, a market-leading omnichannel commerce platform, where he grew their market share across Europe, the Middle East, and Africa (EMEA). After playing an instrumental role in Hybris’ sale to SAP in 2013, Holenstein stayed on to lead EMEA sales in the newly created SAP Hybris division. Through his leadership, he guided the division, later renamed SAP CX, to combined revenues of $1B while overseeing a team of more than 800 global employees. “I’ve long admired Akeneo’s innovative approach to PIM, helping retailers and brands build composable, omnichannel strategies that will be sustainable in the long run,” said Holenstein. “I’m excited to be joining the team at this pivotal moment as they look to capitalize on the massive potential of the industry and redefine the product information management category.” Holstein joins recent executive hires Dagbert Sansen, Lisa Manske, and Antoine Barbier as Akeneo begins its ambitious global expansion. Last month, Akeneo finalized its $135M Series D funding round led by Summit Partners, which allows the company to further accelerate its product development roadmap and international growth under the newly scaled leadership team. To learn more, please visit www.akeneo.com. About Akeneo Akeneo is a global leader in Product Experience Management (PXM) helping businesses with products to unlock growth opportunities by delivering a consistent and compelling product experience across all channels, including eCommerce, mobile, print, points of sale and beyond. With its open platform, leading PIM, add-ons, connectors and marketplace, Akeneo PXM Studio dramatically improves product data quality and accuracy, simplifies catalog management, and accelerates the sharing of product information across channels and locales. Leading global brands, manufacturers, distributors and retailers, including Thras.io, Staples Canada, boohoo.com, and Air Liquide trust Akeneo to scale and customize their omnichannel commerce initiatives. Using Akeneo, brands and retailers can activate product experiences in any channel, therefore driving improved customer experiences, increased sales, reduced time to market, accelerated global expansion, and increased team productivity. For more information: https://www.akeneo.com. Contact Details North 6th Agency for Akeneo Nick Eghtessad +1 814-450-7478 Akeneo@n6a.com Company Website https://www.akeneo.com

April 26, 2022 05:00 AM Eastern Daylight Time

Retention Cloud Leader CleverTap Recognized as the “Breakout SaaS Startup of the Year” at SaaSBOOMi Awards 2021

CleverTap

CleverTap, the world’s leading retention cloud today announced it has been awarded the "Breakout SaaS Startup of the Year'' at the SaaSBOOMi Awards 2021. The awards, presented by SaaSBOOMi, an informal group of SaaS founders looking to network and learn from each other, recognizes excellence in Indian SaaS companies, their founders, and their many achievements and successes. India’s SaaS industry now boasts over $1.5 billion in annual revenues, with around 1,500+ SaaS companies as an active part of the SaaS community. Acknowledging the importance of this industry, the SaaSBOOMi Awards were launched in 2020 with a mission to celebrate the extraordinary aspirations and efforts of Indian SaaS founders. “The SaaSBOOMi Awards were introduced to recognise exemplary SaaS startups in the country that have set global standards in deep tech and cutting-edge innovation,” said Vinod Muthukrishnan, Member, SaaSBOOMi Awards team. “For the recently concluded 2021 edition, we are very happy to recognise CleverTap as the ‘ Breakout SaaS Startup of the Year.’ This accolade truly reflects the brand’s phenomenal work over the last year and its commitment to building exceptional user experiences for its customers.” “This is our first award from SaaSBOOMi and will be our most precious. Our customers make us successful and this award, which is shaped and judged by the community, underlines the importance of that bond and trust for us as a company and the partners who support us,” said Anand Jain, Co-founder and Chief Product Officer, CleverTap. “We will continue to focus on solving the problem of user retention for consumer apps of all sizes. Our goal is to be the retention category market leader, not just in India and Southeast Asia but also North America and Europe and amplify the Indian SaaS success story to a growing and global audience.” The award is just one in a string of recent accolades recognising CleverTap’s technology prowess and capabilities. More than 10,000 apps across industries and geographies use CleverTap for customer engagement and retention over 3 billion devices. Built for speed, security, and scale, CleverTap has helped customers send over one trillion messages and create about 9 million campaigns in 2021. About CleverTap CleverTap is the modern, integrated retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. For brands that understand and value user retention, CleverTap drives context and individualization with the help of a unified and deep data layer, AI/ML powered insights and automation. Customers around the world representing over 10,000 apps, including Vodafone Idea, SonyLIV, Daimler, Gojek, Carousell, and Premier League, trust CleverTap to achieve their retention and engagement goals, growing their long term revenue. Backed by leading venture capital firms including Sequoia India, Tiger Global Management, and Accel, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, and Dubai. For more information, visit clevertap.com or follow on LinkedIn, Twitter, Facebook and YouTube. Contact Details CleverTap Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

April 26, 2022 02:00 AM Eastern Daylight Time

World’s Fastest EVM Completes its First Hackathon

Telos Foundation

Telos Blockchain (ticker: TLOS), home to the world’s fastest, most inexpensive, energy efficient ( Net Zero ), non-congested, credibly neutral, truly decentralized and non-aiding and abetting ( No front running / MEV ) tEVM, is thrilled to announce the winners of the Telos Spark hackathon 2022! The entire team is ecstatic by the number of entries received for the first Telos Spark Hackathon. There were 156 entries and 26 published projects; The team is proud and truly inspired by the traction of this initiative. So many great projects that the team allocated another 20k TLOS to add two more finalists. The judging of these projects ended up being an incredibly challenging task for the team due to all the quality entries. Especially because they were all promising and unique. The most prevalent common denominator that all these great projects had in common was the dedication by each individual team. “These last couple of weeks have blown away all our expectations. Many quality projects are now growing deep roots within the tEVM, and they are loving it and we them. Lots of synergy here and lots of gravity to the speed, low fixed costs and credible neutrality of the tEVM. Telos is not just a hackathon chain. It is a perfect place to build high-performance, scalable and real-world-ready applications!” Justin Giudici, CEO of the Telos Foundation Please congratulate the Telos Spark Winners! ( Watch Video Here ) 1st place: Kluest - 100,000 TLOS 2nd place: Telos Spark Bridge - 50,000 TLOS 3rd place: Chedda - 10,000 TLOS 4th place: Refund - 10,000 TLOS 5th place: Telos.Build - 10,000 TLOS 6th place: VideoWiki - 10,000 TLOS 7th place: Shojiru. - 10,000 TLOS Take a moment and watch the initial video submitted by our first-place winner; From the entire Telos Team, Congratulations! A big thank you to ALL participants of the Hackathon, and please continue to build on Telos! There will be many more hackathons coming. Please continue to follow us on social media. Some inner thoughts: "The dedication, quality, and performance of the Kluest team lead the way. We are excited to see a hackathon project close to a genuine product and could be launched on Telos EVM very soon!" Kersten Wirth, Program Manager & Speaker of the Jury, Telos Core Development "Seeing these applications built in such a short time is exciting. I am always thrilled to see executed transactions on testnet and mainnet in our block explorers as proof that the teams created something that works!" Jesse Schulman, Lead Architect and TCO, Telos Core Development "We have been overwhelmed by the quality of applicants to the Spark Hackathon. The engagement process with applicant teams has been an inspiration, demonstrating the continued strong growth profile in our dApp ecosystem. We can't wait to have these projects built on Telos!" AJ Dinger - Head of Business Development, Telos Foundation "The proof that Telos EVM is ready to accept virtually any project and development and allows teams to build real solutions in such a short time frame is impressive. We are proud that our work enables the Ethereum communities to migrate and deploy on tEVM in a breeze." Douglas Horn,, Strategy and Vision, Telos Core Development On behalf of the entire Team, we want to also thank our friends at Taikai ( https://taikai.network ) for their outstanding support and incredible platform - built on Telos. Some take away notes from the dApps: The majority of these teams have built a dAPP on Telos for the first time. All were excited about easy deployment, fanatic technical support, super-fast transactions, overall performance, and extraordinary low cost. The Seven Telos Spark Finalists KluestApp – (Real World #Metaverse) Allows users to create, play, share & monetize interactive experiences using proven cutting-edge augmented reality & geolocation technologies. https://kluest.com/ Telos Spark Bridge - It is a seamless solution for users to access various dApps to effortlessly bridge their tokens between #Telos native and tEVM at a fraction of the cost and effort. https://spark-bridge.tswaps.com/ Chedda - A lending protocol with isolated lending pools and VE token mechanics allows the token holders to direct token emissions to lending pools. https://telos-hackathon.chedda.store/lend Refund - An expense management system for DAOs. The app tracks and files expenses such as fuel, travel, and meals. Refund makes it easier to track and reimburse all the expenses in your DAO. https://github.com/aleksandargolubovic/TelosSparkHackathon Telos Build - A fundraising platform exclusively for the Telos EVM. https://telos.build/about VideoWiki - Turn your Event Audience into #NFT Fan Clubs. Conduct audience drops for your townhalls, launch parties, and AMAs. https://video.wiki/ Shojiru - A proof-of-concept of a native Telos yield optimizer. A yield optimizer with improved tokenomics to provide a further yield to farmers. https://shojiru.netlify.app/ About Telos Live since 2018, Telos Blockchain (ticker: Tlos) is a third-generation smart contract platform that offers compatibility with Solidity, Vyper and Native C++ smart contracts. Telos provides full EVM/Solidity support with fixed low-cost gas fees and no front running. Uniquely, Telos also offers a path to fee-less transactions via its robust native C++ smart contract support. Even while operating as a Net Zero Blockchain, the chain still sustainably support hundreds of millions of transactions per day, produces blocks in 0.5 second intervals (on a first-in-first-out basis, eliminating front running on the network) and securely validates transactions via a credibly neutral and globally decentralized block producer network. The Telos Blockchain has the throughput needed to facilitate and scale the thriving Metaverse / Web 3.0 better than any other blockchain. Its performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, credible decentralization, and end-user fairness. Telos, harnesses its power by utilizing tight C++ on the frontend and a custom WASM runtime environment on the backend. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

April 22, 2022 04:57 PM Eastern Daylight Time

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Telos Neutralizes its Past and Present Carbon Footprint - Net Zero

Telos Foundation

Telos Blockchain (ticker: TLOS) is thrilled to announce to the billion plus global citizens that proudly celebrate and embrace Earth Day that they now have a carbon-neutral smart contract option. Telos with the consulting aid of Plannet Zero, part of RedShaw Advisors Ltd, a leading carbon risk management and procurement firm, have committed to purchasing sequestration projects that will negate the emissions of the blockchain’s entire history. The offsetting is being performed in the form of biochar, which sequesters carbon (removes it from the atmosphere permanently), versus buying emission avoidance credits. Going Net Zero is the sweet spot that the Telos core developers have been striving to tap into for some time now. Up until now Telos’ energy consumption has been scaled down via decarbonization to bring the energy consumption down to less than 0.000002 kWh per transaction. This was monumental when compared to Bitcoins’ 2,258.49 kWh per transaction, Ethereum’s 238.22 kWh per transaction or even Visa’s ~0.00148 kWh per transaction where Telos is still a massive ~740x less. This was a great stride, and the team is very proud of this achievement, but it was still short of the goal of becoming environmentally invisible. Plannet Zero worked with Telos to calculate their carbon footprint by conducting an analysis to quantify the Telos blockchain’s energy consumption over the life of the chain. This analysis dated back to the first block ever generated, late 2018. Now, Telos is continuing to work closely with Plannet Zero to validate Telos’ emissions profile and carbon reduction purchases. Telos has also already allocated the funds needed to continue sequestering the equivalent release of carbon by the blockchain into the future. The commitment made was to first neutralize the carbon footprint of the past and then to continue neutralizing the carbon footprint as needed. As a result, Telos will now be a Net Zero Layer 1 blockchain that is still ludicrously fast, inexpensive, not congested, credibly neutral, decentralized, easy to deploy on and free of any front running / MEV. “dApps now running on the tEVM will be running carbon neutral smart contracts by default. The same neutrality umbrellas over all the end users minting and trading NFTs or coins on the Telos Blockchain. There is something bigger than all of us to be said about this achievement!” AJ Dinger, Telos Head of Business Development In addition to offsetting the blockchain’s carbon footprint, Telos in conjunction with Plannet Zero, is in the final stages of meeting all carbon neutral requirements for Scope 1, Scope 2 and operational scope 3 emissions for every aspect of Telos, including Telos Foundation and Telos Core Development staff. The carbon offset will be all encompassing and will be in full compliance with BSI PAS 2060 and will be verified by BSI. About Telos Live since 2018, Telos Blockchain (ticker: Tlos) is a third-generation smart contract platform that offers compatibility with Solidity, Vyper and Native C++ smart contracts. Telos provides full EVM/Solidity support with fixed low-cost gas fees and no front running. Uniquely, Telos also offers a path to fee-less transactions via its robust native C++ smart contract support. Even while operating as a Net Zero Blockchain, the chain still sustainably support hundreds of millions of transactions per day, produces blocks in 0.5 second intervals (on a first-in-first-out basis, eliminating front running on the network) and securely validates transactions via a credibly neutral and globally decentralized block producer network. The Telos Blockchain has the throughput needed to facilitate and scale the thriving Metaverse / Web 3.0 better than any other blockchain. Its performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, credible decentralization, and end-user fairness. Telos, harnesses its power by utilizing tight C++ on the frontend and a custom WASM runtime environment on the backend. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

April 22, 2022 09:07 AM Eastern Daylight Time

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