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Penta Security Sets the Benchmark for Web Application Security, Earning Frost & Sullivan’s 2026 South Korea Company of the Year Recognition

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By combining intelligent threat detection, cloud-native security, and operational excellence, Penta Security enables organizations to confidently navigate an increasingly complex threat landscape.

SAN ANTONIO, July 1, 2026 /PRNewswire/ — Frost & Sullivan is pleased to announce that Penta Security has received the 2026 South Korea Company of the Year Recognition in the web application firewall (WAF) industry for its outstanding achievements in innovation, strategic execution, and customer impact. This recognition highlights Penta Security’s consistent leadership in driving measurable outcomes, strengthening its market position, and delivering customer-centric innovation in an evolving cybersecurity landscape.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Penta Security excelled in both, demonstrating its ability to align strategic initiatives with market demand while executing them with efficiency, consistency, and scale. “Penta Security exemplifies the qualities that define market leadership in today’s rapidly evolving cybersecurity landscape. The company combines advanced technological capabilities, forward-looking strategic direction, and a strong commitment to customer success to create a compelling competitive advantage,” said Ying Ting Neoh, Industry Analyst, Frost & Sullivan.

Guided by a long-term growth strategy focused on cybersecurity innovation, cloud-native security, AI-driven threat detection, and customer success, Penta Security has demonstrated its ability to adapt and lead in a rapidly evolving market. The company recognized early shifts in the cybersecurity landscape and strategically expanded its capabilities beyond traditional WAF technologies to address emerging requirements in API security, cloud-native applications, and distributed environments. Its sustained investment in advanced security technologies has empowered it to maintain leadership while helping organizations navigate increasingly sophisticated cyber threats.

Innovation remains central to Penta Security’s approach. Its flagship WAF solution, WAPPLES, leverages the company’s proprietary Contents Classification and Evaluation Processing (COCEP™) engine, which analyzes web traffic through logical and semantic analysis rather than relying solely on conventional signature-based detection. The platform incorporates AI-based traffic analysis, enhanced encrypted traffic processing, support for modern security protocols, and advanced policy-testing capabilities. These innovations allow organizations to improve threat detection accuracy, reduce false positives, and strengthen protection against sophisticated web application and API attacks while maintaining application performance and operational efficiency.

“We are honored to receive this recognition from Frost & Sullivan, which reflects Penta Security’s long-standing commitment to innovation, execution, and customer value in the cybersecurity market. As security requirements expand across cloud-native environments, APIs, and AI-driven threat landscapes, we remain focused on delivering practical, high-performance security solutions that enable our customers to operate with confidence” said Jihae Lee, CCO (Chief Compliance Officer) of Penta Security.  

Penta Security’s unwavering commitment to customer experience further strengthens its position in the market. Through flexible deployment models—including appliance-based, software-based, cloud, and SaaS offerings—the company enables organizations to adopt security architectures aligned with their operational requirements and digital transformation strategies. Its life cycle-oriented approach, spanning pre-deployment consulting, architecture design, implementation, monitoring, incident response, and ongoing optimization, helps customers maximize operational value while ensuring resilience in mission-critical environments. This customer-centric strategy has contributed to strong adoption across government, financial services, healthcare, and enterprise sectors while fostering long-term customer trust and satisfaction.

Frost & Sullivan commends Penta Security for setting a high standard in competitive strategy, execution, and market responsiveness. The company’s vision, innovation pipeline, and customer-first culture are shaping the future of the WAF industry and driving tangible results at scale. In 2025, Penta Security achieved a steady double-digit year-over-year revenue growth in its WAF business, underscoring the company’s ability to translate innovation into measurable business outcomes while reinforcing customer confidence in its technology and services.

Each year, Frost & Sullivan presents the Company of the Year Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition honors forward-thinking organizations that are reshaping their industries through innovation and growth excellence.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact: 
Tarini Singh
E: Tarini.Singh@frost.com

About Penta Security
Founded in 1997, Penta Security is a cybersecurity company providing advanced solutions for web security, cloud security, data security, post-quantum cryptography, and passwordless authentication. Built on nearly three decades of expertise in encryption and application security, Penta Security helps organizations protect critical systems, secure sensitive information, and strengthen digital trust in an evolving cyber threat landscape. Contact Us: https://www.pentasecurity.com/contact-us/

 

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SOURCE Frost & Sullivan

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MindMaze Therapeutics Enrolls First Patients in SwissNeuroRehab Study, Advancing At-Home Reimbursement Strategy in Europe

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GENEVA, Switzerland, July 1, 2026 /PRNewswire/ — MindMaze Therapeutics Holding SA (SIX: MMTX) (MindMaze Therapeutics or the Company), a global leader in scalable precision neurotherapeutics, today announced that the SwissNeuroRehab consortium has enrolled the first patients in a High-Dose, High-Intensity (HDHI) neurorehabilitation study. In parallel, MindMaze Therapeutics has launched the REACT-AVC study at Hospices Civils de Lyon, focused on early outpatient and home-based stroke rehabilitation. This progress marks a pivotal milestone in the Company’s strategy to consolidate its footprint in key European markets by obtaining reimbursement of at-home deployment.

Building on active partnerships with approximately 100 hospitals and care facilities across Europe, MindMaze Therapeutics is now focused on extending patient access into the home. The Swiss and French studies support this goal by laying the groundwork for at-home reimbursement, enabling the Company’s end-to-end solution suite to accompany patients throughout their full recovery journey, from inpatient care through outpatient rehabilitation and home.

MindMaze Therapeutics’ EU reimbursement strategy mirrors the model already established in the United States, where it holds CPT reimbursement codes for at-home utilization and has generated robust real-world evidence.

“Having established a strong reimbursement and real-world deployment foundation in the U.S., we are now extending that momentum into Europe” said Zach Henderson, CEO of MindMaze Therapeutics. “These studies in Switzerland and France reflect our commitment to making our neurotherapeutic platform accessible to patients across every stage of recovery, and to demonstrating the clinical and economic value of a truly integrated continuum of care.”

The SwissNeuroRehab-HDHI Study

SwissNeuroRehab (www.swissneurorehab.ch) is a CHF 11.2 million Innosuisse-backed national flagship consortium involving leading Swiss university hospitals, rehabilitation centers, and research, education, and industrial partners. Its mandate is to develop and validate technology-supported neurorehabilitation pathways across the continuum of care.

The SwissNeuroRehab study spans six major Swiss centers and covers the full continuum of care, encompassing inpatient, outpatient, and home-based rehabilitation phases. The study is a multicenter feasibility and implementation project evaluating whether HDHI neurorehabilitation can be delivered sustainably within a continuity-of-care framework. The study is powered by MindMaze’s precision neurotherapeutic platform and targets 300 minutes of active training per week, spanning a 4-6 week inpatient phase, an 8-12 week outpatient/home phase, and a follow-up at 15 months from inclusion.

Recruitment is active at Lausanne University Hospital (CHUV), Institution de Lavigny, Rehaklinik Valens, Swiss Rehabilitation Sàrl, Universitätsspital Zürich, and the Lake Lucerne Institute. The study is sponsored by the CHUV, funded within the Innosuisse Flagship Program, under the project SwissNeuroRehab, and registered on ClinicalTrials.gov (NCT07427511). For recruitment details, please refer to: [SwissNeuroRehab HDHI Study Flyer].

“SwissNeuroRehab brings together Switzerland’s leading rehabilitation institutions to rigorously evaluate HDHI therapy along the continuum of care. This is precisely the evidence base payers and policymakers need,” said Professor Andrea Serino, Coordinator of SwissNeuroRehab and Director of the Neurorehab Research Center, CHUV.

“Quantifying the impact of technology through this study has the potential to fundamentally reshape post-stroke recovery, extending to home, at scale, and sustainably reimbursed,” said Olivier Bill, MD, Principal Investigator, CHUV.

Expanding Across Europe: REACT-AVC and Neurorehab4EU

The SwissNeuroRehab HDHI study is part of a broader strategic European ambition. MindMaze Therapeutics is a core partner in Neurorehab4EU (https://www.neurorehab4.eu), a pan-European consortium spanning Switzerland, France, and Italy, designed to scale software enabled neurorehabilitation across European healthcare systems.

REACT-AVC, named after the French term for stroke (Accident Vasculaire Cérébral), is the consortium’s first clinical study, conducted at Hospices Civils de Lyon (HCL), one of France’s leading academic medical centers. Aligning with SwissNeuroRehab’s full-continuum design, REACT-AVC focuses on early outpatient and home-based rehabilitation for stroke patients, generating clinical and health-economic evidence to support reimbursement within the French healthcare system.

Together, SwissNeuroRehab and REACT-AVC represent MindMaze Therapeutics’ coordinated European evidence strategy, deployed across two healthcare systems, and designed to generate clinical and health-economic data each market’s payers require.

About MindMaze Therapeutics
MindMaze Therapeutics (SIX: MMTX) is a global leader in scalable, precision neurotherapeutics, dedicated to redefining the recovery trajectory for patients around the world. By integrating advanced software, proprietary sensors, and AI-driven data analytics, MindMaze Therapeutics provides a seamless continuum of care from the acute hospital phase to outpatient treatment to home-based therapy. The company’s FDA-listed and CE-marked products are designed to address the systemic shortage of specialized clinicians, offering scalable, reimbursable solutions for stroke, Parkinson’s disease, and other neurological disorders. With an extensive library of rigorous clinical validation and a robust R&D pipeline, MindMaze Therapeutics is operationalizing the future of neurorestorative medicine. For more information, visit www.mindmazetherapeutics.com.

Media & Investor Contacts
Investor Relations:
Jeremy Meinen, Chief Financial Officer
ir@mindmazetherapeutics.com 

Media Inquiries:
VSC for MindMaze Therapeutics
mindmazetherapeutics@vsc.com 

DISCLAIMER
This press release contains forward-looking statements, which may be identified by words such as “believe,” “assume,” “expect,” “intend,” “may,” “could,” “will,” or similar expressions. These statements are based on current plans and assumptions and are subject to risks and uncertainties that could cause actual results, financial condition, performance, or achievements to differ materially from those expressed or implied. This communication is provided as of the date hereof, and MindMaze Therapeutics undertakes no obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

 

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SOURCE MindMaze Therapeutics Holding SA

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PharmaResearch Accelerates REJURAN Cosmetics Expansion Across North and South America with Planned Acquisition of CG USA

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Acquisition strengthens local manufacturing and logistics capabilities as REJURAN Cosmetics expands across Sephora, Amazon and Canada, with future growth across the Americas in view 

SEOUL, South Korea, July 1, 2026 /PRNewswire/ — PharmaResearch, the South Korea-based regenerative medicine company behind REJURAN, is strengthening its localization strategy across North America with the planned acquisition of Cosmetic Group USA, a U.S.-based cosmetics manufacturer also known as CG USA. 

PharmaResearch signed an agreement on June 30, local time, to acquire CG USA, a cosmetics OEM and ODM manufacturer, as demand for REJURAN Cosmetics continues to grow in the United States. 

Based in California, CG USA is a cosmetics OEM and ODM manufacturer with capabilities across product planning, formula development, manufacturing, filling, packaging, and quality control. The company holds a cosmetics manufacturing license and operates an FDA-registered facility with a quality management system aligned with current good manufacturing practice, or cGMP, standards. Its manufacturing infrastructure also supports production of over-the-counter (OTC) products. 

PharmaResearch decided to pursue the acquisition to respond more stably to growing demand for REJURAN Cosmetics, driven in part by its Sephora launch and expanding Amazon channel. Until now, the company has supplied the U.S. market with products manufactured in Korea. Through the acquisition of CG USA, PharmaResearch will secure a local manufacturing base, creating a foundation to improve supply chain efficiency and market responsiveness across production, logistics and distribution. 

Building on this, the company plans to strengthen supply stability in North America while accelerating its localization strategy across the Americas to support future expansion into Canada, broader North America and South America. 

REJURAN Cosmetics is PharmaResearch’s premium derma cosmetics brand, developed from the company’s regenerative medicine technology. Built around DOT™ c-PDRN®, the company’s patented cosmetic-grade PDRN ingredient, the brand has expanded its U.S. presence through online and offline retail channels, including Sephora and Amazon. REJURAN Cosmetics is also scheduled to enter Canada in the second half of the year, adding momentum to PharmaResearch’s broader North American expansion. 

“The acquisition of CG USA is a strategic decision to strengthen supply stability and build a stronger foundation for business expansion in North America,” said Ji Hoon Sohn, CEO of PharmaResearch. “Through this acquisition, PharmaResearch will secure a local production base to support its growth in North America, while also gaining the potential to expand its ODM business in the U.S. over the mid to long term.” 

Sohn added, “CG USA’s FDA-registered facility and OTC production capabilities make this acquisition meaningful not only for cosmetics, but also as a foundation for expanding into over-the-counter production. Based on local production capabilities and quality infrastructure, we will continue to strengthen the competitiveness of our global derma cosmetics business.” 

A CG USA representative said, “We are pleased to partner with PharmaResearch at an important stage in the growth of REJURAN Cosmetics. We look forward to supporting the brand’s expansion by bringing together CG USA’s manufacturing capabilities and PharmaResearch’s expertise.” 

Cosmo Group Inc. advised on the acquisition. Financial terms were not disclosed. 

About PharmaResearch: 

PharmaResearch is a pioneering biopharmaceutical company dedicated to enhancing the quality of life for humanity through regenerative medicine. Its diverse portfolio includes medicines, medical devices, cosmetics, and health supplements, all leveraging the core ingredients – DOT™ PDRN and DOT™ PN – which are protected by multiple patents. PharmaResearch is headquartered in Gangneung-si, Gangwon-do, South Korea, and has a U.S. subsidiary located in Costa Mesa, California, United States. 

Learn more at https://pharmaresearch.com/en/ 

About CG USA: 

CG USA, Cosmetic Group USA, is a Los Angeles-based cosmetics and personal care product development and manufacturing company founded in 1986. With a one-stop production system spanning research and development, manufacturing, filling and packaging, the company provides OEM and ODM services to global brands. CG USA operates an FDA-registered facility and holds ISO 22716 certification. Based on a quality management system aligned with cGMP standards, the company has the manufacturing capabilities to produce over-the-counter, or OTC, products. 

*cGMP: A pharmaceutical manufacturing and quality management system that complies with U.S. FDA regulations. 

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SOURCE PharmaResearch

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ICFAI Business School Opens IBSAT 2026 Registrations, Announces ₹10 Crore Scholarship Program

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HYDERABAD, India, July 1, 2026 /PRNewswire/ — ICFAI Business School (IBS) opened the registration process for IBSAT 2026 starting July 1st, 2026. The national-level entrance exam to join the nine IBS campuses’ two-year, full-time MBA and PGPM programs.

Aspiring management candidates can apply online through a single application with a fee of INR 1,800.

IBSAT – A Student-Friendly MBA Entrance Exam

IBSAT 2026 will be conducted as a 2-hour, online, home-proctored test. Candidates can comfortably take the test from their homes.

The test comprises 140 Multiple Choice Questions (MCQs) from four sections:

Verbal Ability: 50 questionsReading Comprehension: 30 questionsQuantitative Aptitude: 30 questionsData Adequacy & Interpretation: 30 questions

In the test, there is no negative marking and no sectional time limits, allowing candidates to freely navigate between sections.

INR 10 Crore Scholarships:

To support meritorious students and promote inclusivity, ICFAI Business School has announced 500 scholarships worth Rs 2 Lakh each. These are accessible to top scorers in IBSAT 2026, as well as high achievers in CAT, XAT, GMAT™, and NMAT by GMAC™. Special scholarship provisions are also extended to the wards of IBS alumni, wards of Defence Personnel (in-service/retired) from the Army, Air Force, Navy, and Paramilitary Forces, and physically challenged candidates.

Admission Timeline

Following the IBSAT exam in December 2026, shortlisted candidates will clear a centralized selection process at IBS Hyderabad in February 2027, featuring a micro-presentation and personal interview. ICFAI Business School also accepts valid scores from CAT, XAT, NMAT by GMAC™, and GMAT™ (2024 onwards).

Interested aspirants can register on the official institutional portal starting July 1st, 2026. To know more, please visit www.ibsindia.org

Bridging Theory and Corporate Reality

The campuses in Bengaluru, Dehradun, Hyderabad, and Jaipur offer full-time MBA degrees, while the Ahmedabad, Gurugram, Kolkata, Mumbai, and Pune campuses provide full-time PGPM programs.

ICFAI Business School emphasizes a 100% case-based learning model. This approach replicates real-world corporate challenges directly inside the classroom. Leading this academic standard is the AACSB-accredited IBS Hyderabad campus, which features an in-house Case Research Center (CRC) ranked 3rd globally in The Case Centre’s Case Impact Index, 2025.

To make graduates entirely industry-ready, the curriculum integrates a mandatory 14-week summer internship alongside certificate access to Bloomberg and SAP labs. The institution also prides itself on an inclusive academic environment, maintaining a balanced 50% gender diversity across all campuses.

Consistent Placement Performance

Corporate trust in ICFAI Business School remains exceptionally strong, as evidenced by the placement outcomes for the Class of 2026. All nine campuses recorded placements above 90%, with the highest CTC at Rs 40 LPA.

For IBS Hyderabad, the CTC is INR 15.58 LPA for the top 10% and INR 13.36 LPA for the top 25%, underscoring strong market demand for its corporate-ready graduates.

Contact Information:
IBS Admission Office
Plot No. 65, Nagarjuna Hills
Punjagutta, Hyderabad – 500082
Telangana.
Ph: 040 – 23440963 (5 lines)
Toll Free :1800 425 55 66 77
E-mail: ibsat@ibsindia.org 

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Logo: https://mma.prnewswire.com/media/1023356/6019645/IBS_Logo.jpg

 

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