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Economic Transformation Corridor Technologies (ETCT) Lands Major Deals with Africa and South America’s Emerging Market countries

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PALM BEACH, Fla., July 31, 2024 /PRNewswire/ — Economic Transformation Corridor Technologies (“ETCT”), was founded to become one of the world’s first companies to focus on digital transformation for sovereign customers. 

ETCT utilizes its vast technology platform partnerships in verticals such as healthcare, education, energy, manufacturing, supply chain management, financial, real estate, and many other core areas with a keen focus on creating jobs, reducing unemployment, increasing a nation’s GDP, and developing “Knowledge Economies of Happiness”.

The innovative modeling of an integrated collaborative digitization corridor solution that will create a new form of community called a “Technopolis” (Smart Cities & Communities) will now be introduced to partner sovereign customers by ETCT. Since the advent of global Artificial Intelligence (AI) emergence, ETCT has focused on creating this Technopolis digitalization model to help countries measure their Happiness Quotients, and in the process use the companies’ solutions to improve the lifestyle of its sovereign partners citizens.

Side Equity, a Singaporean based Investment Advisory firm engaged to structure the development of the Corridors across select African Countries of interest by its fund of fund partnered within the Asean belt and the America’s and their counterpart African Governments identified ETCT and its Technopolis Pack as a solution for the execution of the digitalization of the Corridors. Side Equity fund partner, Mr. Derrick Yeo expressed the advisory firm’s excitement about the corridor project’s initiation by saying the following: “Africa as an emerging market provides a new frontier for innovative digitization of its economies. With ETCT’s Technopolis Pack, we see a more fluid digitalization implementation process across all phases of the corridor projects being spearheaded by Side Equity and its partners with the first 13 governments.”

ETCT was selected to deploy its Technopolis solution with its partner company WorldVuer iByonds integrated hardware devices, data management operating system, and AI platforms across the corridors of 13 African countries. The Corridors include several infrastructure development projects. Each Corridor is sovereign backed and written into the countries’ financial blueprints for 25 years with an annual yield of USD$2 Billion in revenues. The Corridors are estimated to yield a total revenue of USD$650+ Billion over the next 25 years.

ETCT will collaborate with various stakeholders to unify the digitization of African countries within the project areas of interest. Phase one of the Corridors deployment will begin in the southern belt of Africa. Starting in Lesotho, ETCT and stakeholders will map and deploy the digital network across Southern Africa, bridging to the Indian Ocean in Tanzania, and further extending through select landlocked countries to connect to the Atlantic Ocean.

ETCT will lead the digital transformation of the various governmental institutions that administer over the ports, rail, pipelines, smart grid, fiber optics, anchor towns, and mines across the Corridors, bringing all the countries of interest together, digitally.

The same will be achieved in South American countries of Brazil, Paraguay, and Uruguay as well.

“The need for Interoperability in the various value corridors across emerging markets necessitated the establishment of Economic Transformation Corridor Technologies, an innovative company focused on providing the framework for building an Interoperable Ecosystem that can be deployed to provide efficient digitalization solutions worldwide called a Technopolis Pack. We are beyond enthusiastic to become the go-to company for corridor digitalization worldwide,” stated by HRH Dr. Nana Sanzule Manwere Andam I, Co-Chairman & CDO of ETCT Inc.

“We are honored to be selected for this opportunity. Integrating our Technopolis Pack with WorldVuer iByond’s devices, software, and WiOS platform will create a robust digital ecosystem for the first 13 countries. This project’s initiation showcases our commitment to innovation and expertise in deploying advanced AI solutions globally,” said Christopher Condon, Co-Chairman & CEO of ETCT.

Contact:
jczelusniak@ettworld.com

About Economic Transformation Corridor Technologies (ETCT):

Economic Transformation Corridor Technologies (ETCT) is at the forefront of driving economic growth and innovation through strategic partnerships with sovereign and government entities. ETCT’s mission is to deliver transformative technological solutions that enhance infrastructure, streamline operations, and foster sustainable development. Join ETCT in the journey to transform economies and empower governments. Together, we can create a more connected, efficient, and prosperous world. For more information visit: www.etcorridortech.com.

About Side Equity:

Side Equity is a Singapore-based investment advisory fund specialized in global emerging markets. With a focus on fostering technological advancements and economic growth, Side Equity partners with leading investment advisory firms and sovereign funds to support transformative projects worldwide. For more information, please visit www.sideequity.com

This press release serves as a formal announcement of ETCT Inc.’s recent achievement and its pivotal role in the 13 Corridors project across the Southern African belt, highlighting the company’s technological prowess and its commitment to fostering global connectivity and economic development.

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SOURCE ETCT

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Flō Networks Announces Intention to Launch Public Tender Offers to Acquire Up to 100% of Controladora Axtel, S.A.B. de C.V. and Axtel, S.A.B. de C.V.

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MEXICO CITY and EL PASO, Texas, Sept. 1, 2026 /CNW/ — Transtelco Holding, Inc. (doing business as Flō Networks, or “Flō”), a U.S.-based, independent digital infrastructure provider operating its own fiber-optic network across Mexico, the Southwestern United States and Latin America, today announced its intention to launch concurrent public tender offers (ofertas públicas de adquisición, or the “Offers”) to acquire up to 100% of the outstanding shares of Controladora Axtel, S.A.B. de C.V. (“Controladora Axtel”) and up to 100% of the outstanding CPOs of Axtel, S.A.B. de C.V. (“Axtel,” and together with Controladora Axtel, the “Axtel Companies”).

Flō has received preliminary approval from the Boards of Directors of both Axtel Companies to continue the process

Flō has received preliminary approval from the Boards of Directors of both Axtel Companies to continue the process toward launching the Offers, and is working to obtain the required regulatory approvals.

The commencement of the Offers remains subject to authorization by the Comisión Nacional Bancaria y de Valores, clearance by the Comisión Nacional Antimonopolio, the receipt of any other required regulatory approvals, and the satisfaction of the applicable contractual and corporate conditions. Subject to the satisfaction of these requirements, Flō is prepared to move promptly toward commencement of the Offers. The terms and conditions of the Offers, including the applicable offering documents, will be published in accordance with Mexican securities laws and the regulations of the Bolsa Mexicana de Valores at the appropriate time.

“This is an important step in our long-term vision for Flō and for the digital infrastructure that will support Mexico’s continued economic and technological development,” said Miguel Fernandez, Chief Executive Officer of Flō Networks. “By bringing together the complementary networks, capabilities and talent of Flō and Axtel, we have an opportunity to create a stronger digital infrastructure platform with greater scale, reach and capacity to serve customers across Mexico and beyond. We believe that stronger infrastructure enables stronger businesses, greater innovation and new opportunities for the communities and economies we connect.”

The proposed acquisition would combine complementary assets and expertise to strengthen Flō’s ability to invest in network resilience, expand its portfolio of digital services and deliver greater value to businesses operating in Mexico and across the region. Flō believes the combination would create meaningful operational and commercial synergies while supporting continued investment in the infrastructure required for critical technologies for productivity and competitiveness. The transaction would also create opportunities for long-term value creation for customers, employees, shareholders, partners and the communities the companies serve.

About Flō Networks

Founded as Transtelco in 2001, Flō Networks is a leading digital infrastructure provider connecting companies on both sides of the U.S.-Mexico border and across the Americas. Flō provides comprehensive connectivity solutions and advanced cloud infrastructure to Fortune 500 companies, telecommunications providers and cable operators through a fiber-optic network spanning more than 30,000 route miles across the Southwestern United States and Mexico, with connectivity across fifteen countries throughout the Americas. For more information, visit flo.net.

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SOURCE Flō Networks

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Arista Demand Hires Jordanna Howard to Strengthen the Company’s Continued Growth

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SAN FRANCISCO, Sept. 1, 2026 /PRNewswire/ — Arista Demand, a leading provider of B2B demand generation solutions, is pleased to announce Jordanna Howard has joined the company as VP, Global Integrated Sales, effective September 1, 2026.

Prior to joining Arista Demand, Jordanna spent five years at Veritas Media Group, serving as VP of Client Services. Jordanna played a key part in growing VMG’s client portfolio and driving net-new revenue through new business partnerships, while also expanding and strengthening existing client relationships. She was instrumental in championing VMG’s reputation for white-glove service, exceptional client experiences, and long-term client success.

Jordanna joins Arista Demand as the organization continues to expand its capabilities, strengthen and build client partnerships, and help B2B organizations connect with the right prospects through results-driven demand generation and media initiatives.

“We are thrilled to welcome Jordanna to Arista Demand,” said Managing Director, Jennifer Sand. “She brings tremendous experience, energy, and a client-focused approach that aligns perfectly with how we work. Jordanna will be an important part of our continued growth, and we’re excited to have her on the team.”

In her new role, Jordanna will focus on client development, partnerships, and sales. Her experience in digital and non-traditional media will further strengthen Arista Demand’s ability to deliver innovative and integrated, measurable solutions, beyond lead gen, for clients.

“I’m excited to join Arista Demand and become part of a team that is so focused on its clients and their success,” said Howard. “I look forward to contributing to the company’s growth and helping our clients achieve meaningful results.”

Jordanna lives in Napa, California, with her partner, Jeff, and daughter, Mackie. Outside of work, she loves spending time with family and friends and is passionate about giving back.

She serves on UCSF’s Board of Directors for “All May See” vision foundation as well as sfBIG’s Board, supporting and connecting the Bay Area advertising community. Jordanna is also actively involved in her daughter’s school and is the troop leader for her local Girl Scouts Brownie troop.

About Arista Demand

Arista Demand helps B2B organizations accelerate revenue through intent targeted demand generation programs designed to connect brands with their respective audience that matter most. Through a combination of intent, 1st party data, strategy, technology, and client-focused execution, Arista Demand helps marketers build pipeline and drive measurable business results. Arista Demand brings buyers and sellers together around the globe. 

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SOURCE Arista Demand

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Reducto Unveils a Frontier Parsing Model That Makes the World’s Hardest Documents AI-Ready for 1¢ a Page

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The new r-1 model is the first in a family of document intelligence models that reduces parsing errors by up to 20% while replacing complex, multi-tool pipelines with a single model that costs up to 6× less.

SAN FRANCISCO, Sept. 1, 2026 /PRNewswire/ — Reducto today introduced r-1, a frontier document parsing model that turns complex PDFs, scans, spreadsheets, and other files into accurate, structured data for AI systems.

Reducto has already established itself as a leader in document parsing by handling the long tail of complex files that break conventional tools. Available today in preview, r-1 extends that lead—reducing errors by up to 20%, improving latency at high volumes, and bringing the all-in cost down to 1¢ per page.

Before an AI system can reason over a document, it must first understand what is on the page. That becomes difficult when meaning is encoded not only in text, but also in tables, handwriting, reading order, formatting, checkboxes, strikethroughs, and the position of content. A parser that misreads a financial table can give an AI agent the wrong numbers. One that drops a strikethrough can reverse the meaning of a contract.

Established services such as Amazon Textract and Azure Document Intelligence helped make cloud document processing widely available. But organizations working with complex documents often still combine multiple tools, models, and layers of post-processing to achieve the accuracy they need. In Reducto’s evaluations, r-1 outperformed commonly used hyper-scaler products and large LLMs on complex documents while providing a complete parse at one all-in price.

Built from the ground up and trained on some of the most challenging document data in the world, r-1 combines layout detection, reading order, tables, formatting, grounding, and granular citations in a single model. It is designed for the long tail of documents where simpler parsers break down, including dense tables, unusual layouts, low-quality scans, handwriting, watermarked content, and files that do not follow predictable templates.

By combining these capabilities, r-1 can handle an organization’s full document workload without requiring teams to route files among providers or maintain separate pipelines for different document types. Its flat price of 1¢ per page includes the complete parse, without additional model charges or feature-based multipliers.

r-1 is the first in a broader family of Reducto parsing models designed for different points on the accuracy, latency, and cost curve. Planned additions include r-1 mini, a smaller model for speed- and cost-sensitive workloads, and automatic routing that selects the right model for each page.

Organizations using another parser can receive up to $5,000 in credits to test r-1 on their most difficult documents, along with hands-on benchmarking support, at reducto.ai/migrate. r-1 is also available today in preview through a configuration flag in the Reducto Parse API.

About Reducto

Reducto is an agentic document platform that turns complex, real-world documents into structured data for AI agents and document-intensive workflows. The company has raised more than $108 million from investors including Andreessen Horowitz and First Round Capital and has processed more than a billion pages a month. Its customers include Harvey, Scale AI, Vanta, Airtable, Toast, and Fortune 10 enterprises.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/reducto-unveils-a-frontier-parsing-model-that-makes-the-worlds-hardest-documents-ai-ready-for-1-a-page-302866077.html

SOURCE Reducto

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