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As the Agentic Era Reshapes the Data Layer, Enterprises Build Their Sovereign Foundation on EDB Postgres® AI

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WILMINGTON, Del., June 11, 2026 /PRNewswire/ — EnterpriseDB (EDB), the leading sovereign AI and data company, today announced continued global adoption of EDB Postgres® AI (EDB PG AI), as enterprises worldwide standardize on the platform to run mission-critical workloads and build a sovereign foundation for the agentic era.

New research from MIT Technology Review Insights, produced in partnership with EDB, finds that AI and data sovereignty is the single strongest predictor of AI success, with enterprises most committed to controlling their data and infrastructure delivering 5x the ROI of their peers.

“The agentic era is raising those stakes sharply: As autonomous agents move into production, they act on enterprise data at a speed and concurrency that turns the data layer into the control point for the entire AI strategy—and makes owning and governing it a source of capability, not just protection. It’s why the world’s most demanding enterprises are building that foundation on EDB PG AI,” said Nancy Hensley, CPO, EDB.

For organizations with the most at stake—banks, insurers, and retailers running mission-critical operations around the clock—that control is existential. When data is a core competitive asset and downtime is not an option, sovereignty becomes the foundation everything else rests on.

Escaping lock-in for AI readiness: IBK

The Industrial Bank of Korea (IBK) is a major bank in South Korea and a primary lender to the small and medium-sized enterprises that anchor the national economy. Its previous proprietary database limited customization under restrictive licensing terms, making operational flexibility and cost efficiency decisive factors for migration. IBK moved 15 of its core systems onto EDB PG AI, where they now run stably, with high compatibility letting IBK’s team convert SQL, procedures, and packages with minimal modification and compress the project timeline.

Native support for AI and vector workloads gives the bank room to extend into AI services on the same foundation—not as a future migration but as a next step on infrastructure it already controls.

“We’ve achieved a significant reduction in licensing costs compared to Oracle, and that’s a core win that resonates with leadership on the IT budget side,” said Park Cheol-min, manager, IT Operations Division at IBK. “Being PostgreSQL-based, EPAS supports extensions like pgvector for AI and vector operations. That gave us a platform with the scalability to extend into AI services down the road. Beyond simple data management, we’ll keep advancing our open source, DB-centered data infrastructure strategy.”

Going cloud-first to stay AI-ready: Shinhan EZ Insurance

Shinhan EZ Insurance, a digital-first general insurer, was the first in Korea’s non–life insurance industry to migrate an entire core system to the public cloud. The rigid licensing of its legacy database blocked the elastic scalability the cloud is built to deliver, even as maintenance costs climbed unchecked.

Rebuilt on EDB PG AI, the new architecture delivers the 24/7 uninterrupted service a financial system demands, alongside the scalability the cloud was meant to unlock—a foundation the company will build on as it embraces new AI and analytical workloads.

“Migrating our core systems to the public cloud was an enormous challenge in the financial sector. EDB’s professional support structure, backed by a global engineering team, played a decisive role in securing our operational stability,” said Jin-sun Kim, infrastructure lead on the IT Planning Team at Shinhan. “In a financial system, 24/7 uninterrupted service is simply nonnegotiable, and our greatest achievement is the ability to instantly support new services requested by business teams. We’ll keep embracing the latest technologies, from AI to big data.”

One sovereign foundation, built for the workloads the agentic era demands

IBK and Shinhan EZ Insurance join a growing global roster of enterprises that rely on EDB PG AI across industries, geographies, and workloads.

Performance advertising leader MNTN relies on EDB PG AI for petabyte-scale stability and real-time analytical performance across its mission-critical ad-tech workloads.Global foreign-exchange trading venue Euronext FX eliminated vendor risk and reclaimed open source control across four data centers worldwide.Kyobo Book Centre, one of South Korea’s largest retailers, escaped a 50 TB cloud-only data warehouse burdened by runaway costs to gain predictable economics and full compliance control.

The same sovereign foundation that runs their core systems increasingly powers large-scale analytics, converging transactional, analytical, and AI workloads onto one Postgres platform they fully control and can deploy anywhere.

“That convergence is exactly what the agentic era requires. Because AI agents retrieve, analyze, decide, and act against live enterprise data in continuous, high-volume workflows, they amplify the cost and latency penalties of stitching together separate platforms for transactions, analytics, and AI,” said Hensley.

Continued industry recognition across product, open source, and impact

This customer adoption is matched by industry-wide recognition, with EDB earning top honors for platform innovation, open source leadership, and community impact over the past year:

DBTA 100 2026: The Companies That Matter Most in Data: Named among the most forward-thinking companies on the cutting edge of data innovationTech Ascension Awards: Honored as Best Data Management Solution of the Year2026 Community Impact Awards: For EDB’s PostgreSQL community leadership and for helping enterprises meet sustainability goals while balancing their AI ambitions

EDB’s sovereign data and AI platform—trusted by enterprises and recognized across the industry—is the foundation enterprises are building on for the agentic era: one platform that closes the divide between transactional and analytical data so agents can reason over live, governed data in real time, on infrastructure enterprises fully control.

See what’s next at EDB’s global digital event “The Era of Agentic AI Data,” on June 25. Register now: https://www.enterprisedb.com/join-the-era-of-agentic-ai-edb-postgres-ai

About EDB
EDB Postgres® AI (EDB PG AI) is the first open, enterprise-grade sovereign data and AI platform—secure, compliant, and scalable, on-premises and across clouds. Built on Postgres, the world’s leading database, EDB PG AI unifies transactional, analytical, and AI workloads, enabling organizations to operationalize their data and LLMs while maintaining control over sovereign environments. EDB PG AI is supported by a global partner network and delivers up to 99.999% availability as well as hybrid management and a built-in AI factory. As one of the most active contributors to the PostgreSQL project, EDB is deeply invested in the vitality of the global community. To learn more, visit www.enterprisedb.com.

EnterpriseDB and EDB are registered trademarks of EnterpriseDB Corporation. Postgres and PostgreSQL are registered trademarks of the PostgreSQL Community Association of Canada and used with their permission. All other trademarks are owned by their respective owners.

Media Contact:
Anwar Ahmad
416622@email4pr.com
(347) 206-5651

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SOURCE EnterpriseDB

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Amedea Pharma, Inc. Announces Return of the Fifth Annual Medical Innovation Olympics at Rockefeller Center on June 12, 2026

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NEW YORK, June 11, 2026 /PRNewswire/ — Medical Innovation Olympics is a 5th annual global healthcare competition that celebrates the power of performance, transparency, and character required for success across the journey of healthcare champions in addition to technical knowledge and science alone. Coming to the iconic Rockefeller Center in New York City beginning Friday June 12 with Olympic Trials Qualification Session 1, the event — recognized by Fierce Pharma in 2025 as one of the Top 4 innovation challenges in the world — culminates with the Finals, Awards, and Closing Ceremony on October 16.

The mission of this intense and unforgettable competition that replicates the Olympic spirit is to advance access, quality, and continuity of care. Past keynote speakers have included NHS UK consultant and champion athlete Chris Cook, Type 1 Diabetes patient advocate Gary Hall Jr., and longest-running world record holder Bob Beamon. The visionary behind this event since 2022 is Tim Mikhelashvili, CEO of Amedea Pharma, an impact health tech startup focused on business performance analytics for life sciences, combining competition and transparency via a centralized AI software platform and executive command center to drive real results based on real views.

Over four years, the event has attracted executives, scientists, patient advocates, and health payer and policy leaders from 18 countries, with attendees from Roche, Takeda, Astellas, Novartis, Sanofi, AstraZeneca, and Sunovion Pharmaceuticals among others. Featured speakers have included pharma and biotech CEOs responsible for $2.5 billion R & D budget at GSK, now leading companies such as Epicrispr Bio (Amber Salzman), Longevity Medicine leaders such as James Peyer (CEO, Cambrian Biopharma), pioneers in aging research and lifestyle medicine David Barzilai and Dominik Thor, President of Geneva College of Longevity Sciences, clinical longevity consultants Dr. Mishkat Shehata and Uma Senthilkumar, and global public health leaders such as Rashad Massoud (Head, Global Health USA, IQVIA).

In 2026, the theme is “Crystal Clear, Treatment Near,” with Longevity Medicine taking center stage. Confirmed speakers at the October 16 Finals and Closing Ceremony include Jerry McLaughlin (CEO, Life Biosciences), Tom Rifai (CEO, Reality Meets Science), Francisco Leon (CEO, Tolerance Bio), Keith Comito (CEO, Lifespan Research Alliance), and Dylan Livingston (CEO, Alliance for Longevity Initiatives), alongside Tala Fakhouri (Chief AI/Regulatory Officer, Parexel, former FDA executive) and Keith Ferdinant (Gerald S. Berenson Endowed Chair in Preventative Cardiology, Tulane University).

Competitors are invited to submit early-stage CONCEPTS or mature PRODUCTS in drugs, devices, diagnostics, or digital health — from startups, pharma, biotech, academia, and students alike. Benefits include deep networking in a unique Olympic forum over multiple stages with angel, strategic and venture capital investors and industry leaders, publications in Wall Street New York Magazine distributed to 31,000 NYSE/NASDAQ/London Stock Exchange investors, CEO-style video interviews, Rockefeller rooftop photo shoots, and 1-year access to monthly Biotech Business Forum investor meetings in NYC and exclusive online Healthcare Champions community.

Visit https://medicalinnovationolympics.com and register with code NYBIO for a 30% discount through the partnership between Amedea Pharma and a prominent trade association supporting healthcare innovation ecosystem across New York State – New York Bio.

Media Contact:

Tim Mikhelashvili

718-865-6093

416663@email4pr.com

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SOURCE Amedea Pharma, Inc.

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Graceland Portable Buildings Acquires ShedSync to Accelerate Digital Transformation for Portable Building Dealers

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Acquisition Expands Graceland’s NextGen Dealer Platform with Automated Inventory Management, AI-Powered Marketing, Lead Generation, and Dealer Website Technology

CUNNINGHAM, Ky., June 11, 2026 /PRNewswire/ — Graceland Portable Buildings, one of America’s leading manufacturers and distributors of portable buildings, today announced the acquisition of ShedSync, an innovative dealer technology platform designed specifically for the portable building industry.

The acquisition represents a significant investment in Graceland’s long-term strategy to modernize the dealer experience and provide independent portable building dealers with advanced digital tools traditionally available only to much larger organizations.

Founded to help shed dealers automate inventory management, digital marketing, and lead generation, ShedSync provides dealers with automated inventory synchronization, AI-powered social media marketing, lead management, multi-location inventory tools, competitive intelligence, and fully branded dealer websites. The platform was purpose-built for the unique needs of portable building retailers and manufacturers.

“This acquisition is about much more than software,” said Greg French, Chief Executive Officer of Graceland Portable Buildings. “The portable building industry is undergoing rapid transformation. Consumers increasingly expect online shopping experiences, real-time inventory visibility, digital communication, and immediate access to information. Our dealers need tools that allow them to compete and thrive in that environment.”

French continued, “For nearly twenty years, Graceland has invested heavily in supporting independent dealers. ShedSync becomes another important piece of our NextGen Dealer Program and our commitment to helping dealers grow profitable businesses. We believe technology should empower dealers, not replace them.”

The acquisition comes as the portable building industry continues to evolve following significant changes in consumer behavior, increased competition, and growing demand for digital purchasing experiences. While many industries have rapidly embraced e-commerce and digital marketing, much of the portable building industry remains fragmented and underserved by purpose-built technology solutions.

Through the acquisition, Graceland plans to further develop the platform and integrate additional capabilities that help dealers manage inventory, improve online visibility, generate leads, and streamline customer engagement.

Key capabilities of the ShedSync platform include:

Automated inventory synchronization directly from manufacturer inventory systemsAI-powered Facebook and social media marketing automationFacebook Marketplace automationGoogle Business Profile integration for enhanced local search visibilityLead capture, tracking, and management toolsMulti-location inventory managementDealer-branded websites and custom domainsMobile-optimized inventory presentationAnalytics and reporting tools designed specifically for portable building dealersFlexible pricing and financing display options, including Rent-To-Own programs

According to Graceland leadership, the acquisition also supports the company’s broader digital strategy, which includes online sales initiatives, dealer website enhancements, customer lead management systems, and expanded dealer marketing support.

“We see a future where independent dealers have access to enterprise-level technology without enterprise-level complexity or costs,” said French. “Our goal is to create the industry’s most comprehensive dealer success platform, combining great products, great service, great marketing, and great technology.”

The acquisition follows a series of strategic investments by Graceland, including advanced manufacturing technology, expanded production capacity, Epicor 3D configurator, enhanced dealer support programs, and the company’s recently announced NextGen Dealer Program, which focuses on helping dealers increase profitability, improve operational efficiency, and drive long-term growth.

“As we celebrate over 20 years in the shed industry, we remain focused on building the future of the portable building industry,” French added. “The acquisition of ShedSync is another example of our commitment to innovation, dealer success, and creating opportunities for our customers and partners.”

To learn more about becoming a Graceland Dealer, visit YesGraceland.com.

About Graceland Portable Buildings

Founded in 2005, Graceland Portable Buildings is a leading manufacturer and distributor of portable buildings, storage structures, and specialty outdoor products. Through its growing network of independent dealers, Graceland serves customers throughout the United States with a commitment to quality, innovation, and customer service. The company continues to invest in advanced manufacturing technologies, dealer development programs, digital solutions, and operational excellence to support long-term growth across the portable building industry.

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SOURCE Graceland Portable Buildings

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Pradere Designer Workspaces Expands into Palm Beach County

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 50-Year Firm Opens Hub at Chamber of Commerce of the Palm Beaches

WEST PALM BEACH, Fla., June 11, 2026 /PRNewswire/ — Pradere Designer Workspaces, a leader in workplace furnishing and design solutions in South Florida for over five decades, launched its expansion into Palm Beach County with a ribbon-cutting ceremony and corporate showcase. Held in partnership with the Chamber of Commerce of the Palm Beaches, the grand opening debuted the Chamber Workspace Experience, a first-of-its-kind transformation of the Chamber’s headquarters that will also house Pradere’s new regional satellite office.

“Bringing our services to Palm Beach County is truly historic for us,” said Michelle Pradere Noriega, Co-Principal of Pradere. “I am proud to help spearhead this major expansion as we establish our regional footprint and bring our enterprise expertise to this growing corporate community.”

Established in 1972, Pradere exemplifies an American success story. Founded by immigrants Jose and Vicky Pradere and now led by second-generation Co-Principals Jenny Pradere and Michelle Pradere Noriega, women pioneering the company in a traditionally male-dominated industry, Pradere built a reputation for delivering innovative workspace solutions across the workplace, healthcare, education, government and hospitality sectors. As a Platinum Certified MillerKnoll Dealer, the firm is trusted by world-class brands including Sony Music, MSC Cruises, and Hyatt Hotels & Resorts.

“Palm Beach County is rapidly becoming a global business epicenter, drawing world-class organizations that demand sophisticated, forward-thinking operational spaces,” said Jenny Pradere, Co-Principal of Pradere. “This expansion provides the perfect launchpad to collaborate closely with this expanding ecosystem.”

As West Palm Beach cements its status as a business capital, the strategic alignment highlights how this corporate boom is driving demand for dynamic environments that support peak productivity for a modern workforce. The newly renovated Chamber Workspace Experience serves as a functional portfolio of Pradere’s capabilities.

“The Chamber connects business leaders to what matters, and this new workspace helps bring that mission to life,” said Michael Zeff, President and CEO of the Chamber. “Pradere has created a space that is welcoming, professional, and built for connection. We couldn’t be more excited to share it with our members and the broader business community.”

The West Palm Beach location will now serve as Pradere’s hub for commercial client consultations and interior operations throughout the Palm Beach market. For more information, visit https://pradereoffice.com

Media Contact:
Carlos Espinosa
carlos@wowmktg.com

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SOURCE Pradere Designer Workspaces

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