Connect with us

Technology

QuickLogic Set to Join Russell 3000® Index

Published

on

SAN JOSE, Calif., May 29, 2024 /PRNewswire/ — QuickLogic Corporation (NASDAQ: QUIK) (“QuickLogic” or the “Company”), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced that it is set to join the broad-market Russell 3000® Index. This inclusion will occur at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st. The announcement follows the preliminary list of additions that was posted Friday, May 24th.

The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.

“Inclusion in the Russell 3000® Index is welcomed recognition of QuickLogic’s growth and financial performance driven by our successful strategic transformation with the launch of our eFPGA IP business model in 2020,” said Brian Faith, CEO of QuickLogic. “We remain extremely focused on executing on our strategy and look forward to introducing QuickLogic to a broader segment of the investment community through our inclusion in this prominent index.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of December 2023, about $10.5 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, a prominent global index provider.

Fiona Bassett, CEO of FTSE Russell, An LSEG Business, commented “Russell indexes–now in their 40th year–continue to evolve to reflect the dynamic US economy. Annual rebalancing plays a vital role in establishing accurate benchmarks, ensuring they correctly mirror their designated market segments and remain unbiased in terms of size and style.”

For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

About FTSE Russell:
FTSE Russell is a leading global provider of benchmarking, analytics, and data solutions for investors, giving them a precise view of the market relevant to their investment process. A comprehensive range of reliable and accurate indexes provides investors worldwide with the tools they require to measure and benchmark markets across asset classes, styles, or strategies.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products, and index-based derivatives.

FTSE Russell is focused on applying the highest industry standards in index design and governance, employing transparent rules-based methodology informed by independent committees of leading market participants. FTSE Russell fully embraces the IOSCO Principles, and its Statement of Compliance has received independent assurance. Index innovation is driven by client needs and customer partnerships, allowing FTSE Russell to continually enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by London Stock Exchange Group.

For more information, visit https://www.lseg.com/en/ftse-russell

About QuickLogic
QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company that develops innovative embedded FPGA (eFPGA) IP, discrete FPGAs, and FPGA SoCs for a variety of industrial, aerospace and defense, edge and endpoint AI, consumer, and computing applications. Our wholly-owned subsidiary, SensiML Corporation, completes the end-to-end solution portfolio with AI / ML software that accelerates AI at the edge/endpoint. For more information, visit quicklogic.com.

QuickLogic and logo are registered trademarks of QuickLogic. All other trademarks are the property of their respective holders and should be treated as such.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/quicklogic-set-to-join-russell-3000-index-302157545.html

SOURCE QuickLogic Corporation

Continue Reading

Technology

LeoLabs Teams with SciTec to Support U.S. Space Force Ground-Based Radar Digitization Program

Published

on

By

MENLO PARK, Calif., Sept. 9, 2026 /PRNewswire/ — LeoLabs, Inc. (LeoLabs), the leading provider of persistent Orbital Intelligence, today announced it is teaming with SciTec, a Firefly Aerospace company, to support its recently awarded $93,704,410 firm-fixed price other transaction agreement for ground-based radar digitization. This contract provides for modernization efforts to create a common architecture and design for the upgrade of ground-based radars. Space Systems Command, Colorado Springs, Colorado, is the contracting activity.

“Today’s threat environment demands more resilient sensing capabilities that can be scaled and fielded at the pace of the mission,” said Tony Frazier, Chief Executive Officer of LeoLabs. “We’re proud to bring our proven radar technology and operational expertise to this modernization initiative, helping deliver the speed, scale, and resilience needed to meet the U.S. Space Force’s evolving mission requirements.”

About LeoLabs

LeoLabs enables military space commands, civil government agencies, and commercial operators to confidently detect, track, characterize, and respond to threats in space. Our proliferated, multi-mission radar network, real-time orbital data catalog, and AI-powered analytics support secure, safe, and dynamic space operations.

View original content to download multimedia:https://www.prnewswire.com/news-releases/leolabs-teams-with-scitec-to-support-us-space-force-ground-based-radar-digitization-program-302872945.html

SOURCE LeoLabs, Inc.

Continue Reading

Technology

ZEEKR Shooting Brake Retains Global Sales Crown: August Deliveries Surpass 10,000 Again, Cumulative Total Exceeds 400,000

Published

on

By

HANGZHOU, China, Sept. 9, 2026 /PRNewswire/ — ZEEKR’s shooting brake lineup has delivered another standout performance. Global deliveries in August once again surpassed 10,000 units, marking the third consecutive month of five-figure monthly deliveries. To date, cumulative global sales of ZEEKR shooting brakes have exceeded 400,000 units, capturing approximately 70% of the global shooting brake market and firmly securing the brand’s position as the global sales leader in the segment.

According to the data, in the first half of 2026, the ZEEKR 007GT topped the shooting brake sales chart with 26,738 units delivered. Combined sales of ZEEKR’s shooting brake models exceeded 42,000 units — far surpassing the combined total of all other brands in the segment. Meanwhile, ZEEKR shooting brakes have fully entered the European market and are steadily establishing a foothold in multiple international premium EV markets, demonstrating strong global competitiveness.

Amid an automotive market mired in homogenization and intense competition, ZEEKR shooting brakes stand out through original design that builds instant visual recognition, and through full-stack 900V high-voltage architecture and other technologies that create a formidable product moat. With its product philosophy of “shooting brake means all-around capability,” ZEEKR is breaking the homogenization trap in the new energy vehicle market — while setting a new benchmark for success in the global premium EV segment.

View original content:https://www.prnewswire.co.uk/news-releases/zeekr-shooting-brake-retains-global-sales-crown-august-deliveries-surpass-10-000-again-cumulative-total-exceeds-400-000–302873803.html

Continue Reading

Technology

Parlance Brings Verified Push Notification Security to Health System IT Help Desks on ServiceNow Store

Published

on

By

WOBURN, Mass., Sept. 9, 2026 /PRNewswire/ — Parlance, a healthcare voice AI company, today announced the availability of its help desk intelligent virtual assistant (IVA) on the ServiceNow Store, alongside a new capability built specifically for the voice channel: Cisco Duo-verified push notification identity verification for sensitive IT requests.

Password resets drive up to half of IT help desk calls. The Parlance help desk IVA now verifies each caller on the spot — a one-time code read aloud on the call, confirmed in an enterprise-level authenticator app — securing the voice channel’s toughest identity verification requirements.

For health system IT leaders, the problem is not abstract. Password resets are commonly estimated to drive 20–50% of IT help desk call volume, and each ticket carries significant cost. Recent industry analyses put the fully loaded price of a single agent-handled password reset — labor, hold time, lost productivity — anywhere from $25 to $70. At a health system fielding thousands of calls a month, that’s a meaningful line item in the IT budget.

The burden on human IT staff is pervasive across industries, not just healthcare. “The majority of IT call volume is password related,” said Bindu Madhavi, Senior Director of Global ServiceNow DevOps and Contact Center at Securitas Security Services USA, Inc. “Many of my colleagues report the number to be nearly 70%.”

Purpose-built for healthcare IT

Traditional IVR systems weren’t built for the complexity of modern IT workflows, and most AI voice solutions weren’t built with the identity verification infrastructure to handle anything sensitive at the voice channel. Parlance help desk IVA was built to close both gaps at once, combining an agentic, AI-native conversational layer (so the interaction sounds like a natural back-and-forth rather than a scripted menu), with enterprise-grade identity verification that meets the security expectations of a regulated industry.

Verified push notification: the security differentiator

What sets this ServiceNow Store listing apart is not automation on its own. What makes this different is the security capability underneath it — what happens when a caller requests something sensitive. Alongside the ServiceNow Store launch, Parlance announces the availability of push-notification-based identity verification within the help desk IVA, built on a new MSP partnership with Cisco Duo.

Approval requires more than a tap. When a caller requests a password reset, the agentic AI system reads aloud a pin, then sends a verified push notification to the caller’s registered device: the caller confirms the spoken PIN inside the enterprise-level authenticator app on their phone, not a simple tap-to-approve. That distinction in the Parlance help desk IVA — a verified push versus a standard one — is what separates a safely routed call from an exploitable one, and it addresses a security requirement the voice channel has largely lacked. Tying the approval to that specific live call and that specific request is a meaningfully stronger standard than an unverified push notification or an SMS-delivered PIN, neither of which confirms that the person approving is actually the person on the line.

Product capabilities

The Parlance help desk IVA supports a growing library of self-service workflows, including:

Password reset — verified via Duo push notification (or another supported authenticator app), with a secure reset link delivered by SMS

Intelligent routing — callers are routed to the right queue or agent based on intent and proper name recognition, with full call context pre-populated on the agent desktop

Ticket status — callers receive real-time ServiceNow ticket status by voice, without agent involvement

Answers to FAQs (frequently asked questions) — the IVA answers common IT questions directly from the ServiceNow knowledge base

Parlance is already deployed at major health systems, including a $4 billion healthcare organization in the western United States. There, employees resolve password resets and other routine IT requests by voice, without waiting on hold for a live agent, freeing up time for the employee making the request and the IT staff who would otherwise be fielding it. 

“The help desk IVA on the ServiceNow Store represents a new chapter for Parlance. We’ve taken the conversational AI platform we’ve built for the healthcare patient access contact center, one that’s processed millions of calls at major health systems, and applied it to the IT help desk, where the same problems exist: high call volumes, repetitive requests, and frustrated employees waiting on hold. The addition of Cisco Duo-powered push notification verification means we’re not just automating the easy calls, we’re handling the sensitive ones too, with the security and compliance posture that healthcare IT teams require,” said Sanjay Yadav, Head of Engineering at Parlance.

“The ServiceNow Store launch opens a significant new market for Parlance in healthcare IT. IT service management is one of the largest and fastest-growing segments for AI voice automation, and the help desk IVA gives health systems a differentiated, production-ready offering they can deploy with confidence,” said Scott D’Entremont, CEO of Parlance.

For CIOs and CTOs deciding where to modernize next, the voice channel has been the hardest one to secure, and the easiest one to overlook, despite quick ROI. Built on an agentic AI architecture, the Parlance help desk IVA is designed to close that gap.

About Parlance

Parlance is a healthcare voice AI company that intelligently routes hospital and clinic calls, resolves routine requests, and reduces the burden on staff answering phones, without adding headcount. Parlance has production deployments at 400+ major health systems, including HCA Healthcare, Providence Health, UC San Diego Health, Keck Medicine of USC, NYU Langone Health, Banner Health, Baptist Health, and thousands of hospitals and clinics nationwide. Parlance brings AI-native voice intelligence, deep system integrations, and proprietary proper name recognition technology to healthcare IT and patient access. For more than 30 years, health systems, enterprise organizations, and higher education institutions have relied on the Parlance platform. Parlance is headquartered in Woburn, Massachusetts. Learn more at parlancecorp.com.

Media Contact

Alexandra Karasic
Head of Marketing, Parlance
888-700-6263  |   akarasic@parlancecorp.com  |  www.parlancecorp.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/parlance-brings-verified-push-notification-security-to-health-system-it-help-desks-on-servicenow-store-302872636.html

SOURCE Parlance

Continue Reading

Trending