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Penta Security Applauded by Frost & Sullivan for Safeguarding Applications and APIs from Sophisticated Threats and for Its Market-leading Position

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Penta Security has grown and maintained its leadership position in the South Korean WAF industry, recording a year-over-year double digit revenue growth in 2022, lower than the 20% in 2021.

SAN ANTONIO, May 25, 2023 /CNW/ — Frost & Sullivan recently assessed the web application firewall (WAF) industry and, based on its findings, recognizes Penta Security Systems with the 2023 South Korean Company of the Year Award. The company deploys WAPPLES, its International Computer Security Association (ICSA) Labs-certified WAF, in public cloud environments, such as AWS and Microsoft Azure, and uses its Security-as-a-Service (SECaaS) Cloudbric to support expedited cloud migration processes. Penta Security’s diverse portfolio of supported cloud environments addresses the increasing demand for cloud-based WAF solutions over the last two years. With WAPPLES supporting local cloud environments across Asia-Pacific, the company offers scalability and accessibility to its customers, differentiating it in South Korea.

Penta Security bridges local WAF market technology gaps by offering comprehensive threat protection. WAPPLES’ threat intelligence platform detects new web vulnerabilities, provides automated vulnerability updates, and allows customers to patch vulnerabilities quickly and respond to attacks instantly. Based on advanced technologies that improve threat detection efficiency, the solution instantly detects and blocks known, modified, and zero-day attack vectors that alter the application programming interface (API) and YAML data formats within incoming web traffic, differentiating Penta Security from competitors.

Ying Ting Neoh, Cybersecurity Research Analyst, Frost & Sullivan, observed, “Penta Security has gained a competitive edge in the local market by staying updated and complying with the latest regulations in South Korea. Frost & Sullivan commends its WAF solutions that showcase the implementation of best practices to meet customers’ unmet needs.”

Penta Security’s WAPPLES successfully reduces false positives and achieves a 144% improved network performance, compared to the previous model after an upgrade. The company’s sandbox environment for WAPPLES fends off evolving application layer attacks, and its strategic partnerships in South Korea and worldwide provide local customers with access to advanced technologies, a world-class experience, and 24/7 support when expanding the geographic reach. Penta Security continuously fosters strong customer ties and achieves loyalty across the South Korean WAF industry, with its reputation and brand value in the region garnering solid growth across verticals in 2022.

“Penta Security has positioned itself as an industry leader in South Korea due to its steady business performance in 2022. It has continuously upheld its brand value as the South Korean WAF industry leader while fostering strong customer relationships,” added Neoh. With its strong overall performance, Penta Security earns Frost & Sullivan’s 2023 South Korean Company of the Year Award in the WAF industry.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence, in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership, in terms of customer value and market penetration.

Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Tammy Chan
E: tammy.chan@frost.com

About Penta Security 
A global leader in web, data, and IoT security with 26 years of expertise in powering secured connections, Penta Security’s next-generation web application firewall WAPPLES has been the market leader in the Korean market for 15 consecutive years since 2008 and has maintained a leading position in the Asia-Pacific region after obtaining the largest market share in 2016. Its COCEP detection engine is known to be one of the most advanced logic-based detection tools in the industry.

For more information, visit pentasecurity.com.

For partnerships, email mailto:info@pentasecurity.com.

 

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Petnow: AI-driven Pet Biometrics Identification Arrives in France

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June 8, 2023

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The innovative and animal-friendly app will be showcased at Viva Technology 2023.

PARIS, June 8, 2023 /PRNewswire/ — Petnow Inc., a leading provider of advanced pet identification solutions, is thrilled to announce the expansion of its groundbreaking app to the French market. Petnow’s AI-driven Pet Biometrics Identification app, which accurately identifies dogs and cats through face scanning technology, will be presented at Viva Technology 2023 in Paris on June 14-15. This event offers a platform for Petnow to connect with key industry stakeholders, including pet insurance providers and government officials responsible for pet registration.

Dr. Jesse Joonho Lim, CEO of Petnow Inc., expressed his enthusiasm, stating, “We are excited to introduce our cutting-edge app to France, a country renowned for its love and care for pets. Petnow launches in neighboring countries such as the United Kingdom, Belgium, and Luxembourg, we are confident that Petnow’s advanced pet identification technology will revolutionize the way pet owners in France safeguard their beloved companions.”

The Petnow app provides a painless and non-invasive alternative to microchips. By simply scanning the faces of dogs and cats, users can identify their pets accurately. The app has garnered attention from major media outlets, including BBC, CBS, Fox News, and Reuters. It was also honored as the Best of Innovation at CES 2022. Petnow has been collaborating with various players in the pet industry in the United States and South Korea to offer enhanced benefits to its users.

The Petnow app is now available for free download on the French Apple App Store and Google Play. Petnow Inc. invites industry professionals, partners, and media representatives to visit booth G38-039 at Viva Technology 2023 in Paris. This will provide an excellent opportunity to experience firsthand the innovative capabilities of the Petnow app and explore potential partnerships.

About Petnow Inc.

Petnow Inc. is a leading technology startup specializing in advanced pet identification solutions. With its AI-driven Biometric Pet Identification app, Petnow aims to revolutionize the way pet owners identify and protect their beloved companions. Through innovative face scanning technology, Petnow provides a user-friendly and reliable alternative to traditional pet identification methods. For more information about Petnow, please visit https://petnow.io/en/.

*For media inquiries, filling out the form at the link below will be responded to within 48 to 72 hours.

https://petnow.io/en/contact-v2/

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Introducing the MUCAR CDE900 PRO:The One-Stop Solution for Comprehensive Vehicle Diagnostics

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June 8, 2023

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ONTARIO, Calif., June 8, 2023 /PRNewswire/ — As a car owner, there’s nothing more frustrating than having the vehicle stall or break down unexpectedly. That’s why having a reliable and efficient diagnostic tool is crucial for every car owner. The MUCAR CDE900 PRO is a top-of-the-line diagnostic tool that will help car owners identify and fix any issues with their car quickly and efficiently.

With a 5-inch touch screen and a 1.2m diagnostic cable, the MUCAR CDE900 PRO offers a user-friendly interface that makes car diagnostics a breeze. Powered by Android 6.0 and an MT6580 4-Core Cortex Chip, it boasts lightning-fast processing speeds and can handle even the most complex diagnostic tasks with ease.

It comes with an impressive 2+32G ROM and a 3150mAh battery, it’s ability to insert a memory card no larger than 256G to expand the memory. Ensuring that you have enough storage space and power to diagnose multiple cars with ease. It also offers full OBD2 functions, including reading and clearing error codes, and a 4-in-1 data stream that covers ABS, SRS, TCM, and ECM systems (only $39.95 if needed).

One of the most significant advantages of the MUCAR CDE900 PRO is its lifetime free updates. Car owners can unlock full system diagnostics for just USD 99.95. Additionally, they can perform 28 reset functions with lifetime free updates (unlock one reset function for USD 15.95, full Rest functions unlock online payment of just USD 79.95). Also they can unlock 1 Brand Full System Diagnostics + 28 Reset Functions + ECU Coding + Active Test for 59.95USD.

The MUCAR CDE900 PRO also offers a professional diagnosis report, Bluetooth/email share printing, and support for 17 languages, including English, French, German, Italian, Spanish, Portuguese and other languages. It supports all vehicles with OBDII protocol after 1996 and the following communication protocols: ISO 14230-4 (KWP2000), ISO 15765-4 (CAN), ISO 9141-2 (iso), ISO 14229 (uds), and SAEJ 1850 (VPW&PWM).

MUCAR CDE900 PRO is a fantastic investment for car owners, mechanics, and technicians. Its comprehensive diagnostic functions, lifetime free updates, and user-friendly interface make it an indispensable tool for anyone who wants to keep their car in top shape. With its high-end features and affordable price, it’s a must-have for anyone who takes their car maintenance seriously. Order it today and experience the convenience and efficiency of the MUCAR CDE900 PRO.

Video – https://mma.prnewswire.com/media/2095365/CDE900_PRO.mp4  

View original content:https://www.prnewswire.co.uk/news-releases/introducing-the-mucar-cde900-prothe-one-stop-solution-for-comprehensive-vehicle-diagnostics-301845018.html

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H&M Foundation doubles GCA grant and winners to speed up textile industry transformation

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June 8, 2023

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Recyclable and biodegradable polyurethane, food waste polyester, circular dyeing, natural bio-colours, ultra high-performing textiles, seaweed material, AI textile sorting, corn husk and sugarcane fabric, zero waste pattern system, textile-to-textile recycling for polyesters – these are the ten Global Change Award winners 2023, sharing a €2 million grant from the non-profit H&M Foundation.

STOCKHOLM, June 8, 2023 /PRNewswire/ — The Global Change Award is an early-stage innovation challenge seeking bright minds that can transform fashion. Every year, H&M Foundation selects and supports the five most impactful innovations with the ultimate aspiration of a planet positive fashion future. This year, H&M Foundation doubles both grant and winners to speed up the transformation.

 

“We have an urgent opportunity to support innovations that could transform the entire fashion industry – that’s why we’re doubling the grant and the number of winners. We’re giving these innovators a total of 2 million euros and access to our accelerator program – but we’re also giving the industry an opportunity to connect with these brilliant innovators. I’m excited to see the impact these innovators will make on the industry.” – Karl-Johan Persson, H&M Foundation board member and chairman of H&M Group.

The Global Change Award 2023 winners are:

Material

Algreen (UK)ALT TEX (Canada)KBCols Sciences (India)Nanoloom (UK)PhycoLabs (Brazil)Rethread Africa (Kenya)

Recycling

DyeRecycle (UK)Refiberd (US)Tereform (US)

Design

SXD (US)

H&M Foundation launched the GCA to provide the tools, connections, and resources necessary for early-stage innovations to move from idea to scale as quickly as possible. The winners receive €200,000 each and embark on the yearlong GCA Impact Accelerator. H&M Foundation together with GCA’s core partners Accenture, KTH Royal Institute of Technology and The Mills Fabrica offer tailored coaching and support to accelerate their journey from idea to scale.

“There’s a wide range of solutions among this year’s winners. If scaled, I believe they could have a real impact on the industry – which needs a holistic transformation if we are to reach a planet positive fashion future. We look forward to working with the winners during the accelerator and help enable their innovations to accelerate and scale.” – Christiane Dolva, Strategy Lead H&M Foundation.

Neither the H&M Foundation nor the H&M Group take any shareholder equity or intellectual property rights in the innovations and the winners can collaborate with whomever they want.

More information and visuals, free to use, here: https://hmfoundation.bynder.com/web/4e77ef953cd5943d/gca-2023—press-collection/ 

CONTACT: Jasmina Sofić, Media Relations Responsible, +46 73 465 59 59 

Video – https://mma.prnewswire.com/media/2092833/HM_Foundation.mp4
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View original content:https://www.prnewswire.co.uk/news-releases/hm-foundation-doubles-gca-grant-and-winners-to-speed-up-textile-industry-transformation-301842499.html

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