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INVESTOR ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Alarum Technologies Ltd. and Certain Officers – ALAR

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NEW YORK, Feb. 25, 2025 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Alarum Technologies Ltd. (“Alarum” or the “Company”) (NASDAQ: ALAR) and certain officers. The class action, filed in the United States District Court for the District of New Jersey, and docketed under 25-cv-01263, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Alarum securities between March 14, 2024 and August 26, 2024, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (“Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are an investor who purchased or otherwise acquired Alarum securities during the Class Period, you have until April 15, 2025 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

[Click here for information about joining the class action]

Alarum is a global Software as a Service (“SaaS”) provider that offers web data collection solutions and a private internet browsing platform to a concentrated customer base.

Alarum operates under a consumption-based business model, under which the Company charges customers for a given product or service based on how much they use it. Specifically, the Company generates SaaS revenues “when customers subscrib[e] to [its] enterprise and consumer access platforms and [pay] for the packages they choose.” Given Alarum’s concentrated customer base, the spending patterns of even a small number of customers can have a substantial impact on the Company’s growth.

Alarum has described itself as a “market leader” that has demonstrated “success in not only retaining, but also significantly expanding [its] engagements with existing customers.” However, unbeknownst to investors, Alarum was experiencing difficulties in retaining and expanding its customer engagements. By June 2024 Alarum began seeing reduced customer spending that ultimately resulted in a 20% revenue decrease from the prior month. Notwithstanding the foregoing, the Company consistently maintained at all relevant times that it “deliver[s] strong performance and value to [its] shareholders” and touted that its “revenues and operating cashflow reflect the dedication of [Alarum’s] team and the robustness of [its] business model.”

The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company was less effective in retaining and/or expanding customer engagements than it had represented to investors; (ii) the foregoing would impair Alarum’s ability to generate consistent revenue growth; (iii) accordingly, Alarum’s business and/or financial prospects were overstated; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

On August 26, 2024, Alarum announced its results for the second quarter of 2024 and issued Q3 2024 guidance. Specifically, Alarum revealed that it was expecting Q3 2024 revenue of $7 million, far short of the $9.2 million revenue figure projected by analysts.

That same day, Alarum hosted an earnings call with investors and analysts to discuss the Company’s Q2 2024 results, during which Alarum’s Chief Executive Officer Defendant Shachar Daniel attributed the disappointing Q3 2024 revenue guidance to the reduced customer spending Alarum began experiencing in June 2024.

Market analysts were quick to comment on the Company’s revelation. For example, on August 27, 2024, Seeking Alpha noted that Alarum’s projected Q3 2024 revenue figure “represent[ed] over a 20% decline sequentially and only 3% growth [year-over-year],” and raised several issues with Alarum’s disclosure including, among other things, the lack of clarity in the Company’s explanation for the drop in customer demand.

On this news, Alarum’s American Depositary Receipt (“ADR”) price fell $6.77 per ADR, or 31.34%, to close at $14.83 per ADR on August 26, 2024.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980

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SOURCE Pomerantz LLP

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Draper Breaks Ground on New Microelectronics Building in Lowell

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October 6, 2026

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LOWELL, Mass., Oct. 6, 2026 /PRNewswire/ — Draper held a groundbreaking ceremony today for a new microelectronics building in Lowell, Massachusetts. The building will house Draper’s Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center.  

An integral part of the Lowell Innovation Network Corridor (LINC), the IMPACT Center will be a 111,000 square foot building with advanced microelectronic design, production, and packaging facilities to deliver cutting-edge technology to Draper’s customers. The Center will create more than 100 new highly skilled jobs, including technicians, advanced degree engineers, and business executives.

Construction is being supported, in part, by state and local funding in partnership with the city of Lowell to strengthen the defense ecosystem in the Commonwealth.

“Microelectronics are a critical component in nearly every system used to safeguard our nation’s interests. To ensure the integrity of these systems, we must build and maintain a domestic microelectronics supply chain – one that is free from foreign influence and disruption,” said Jerry M. Wohletz, Ph.D., Draper’s president and CEO. “The IMPACT Center will expand our onshore capacity to create and deploy the systems our nation depends on. At the same time, the IMPACT Center will drive the local economy by creating new jobs for Lowell residents and UMass Lowell graduates and strengthen Massachusetts’ position in the defense industrial base.”

“The groundbreaking of the IMPACT Center reflects the continued growth of LINC and UMass Lowell’s relationship with Draper,” said UMass Lowell Chancellor Julie Chen. “By bringing industry and academia together in close proximity, LINC creates an innovation ecosystem where researchers can exchange ideas, students can gain career-connected experiences, and companies can tap into the university’s resources and expertise. The IMPACT Center will deepen those connections, leading to innovations in microelectronics while helping develop the future workforce.”

“Today’s groundbreaking represents an exciting investment in Lowell’s future and strengthens our city’s growing innovation and technology economy,” said Lowell Mayor Erik Gitschier. “Draper’s new IMPACT Center will bring more skilled jobs, expand opportunities for our residents, and strengthen the partnership between the City of Lowell, UMass Lowell, and the Commonwealth. This project is another important step in positioning Lowell as a center for advanced manufacturing, research, and workforce development. On behalf of the City Council, we welcome this investment and look forward to the opportunities it will create for our Lowell community.”

Upon completion in 2029, the IMPACT Center will offer manufacturing services spanning design to field-ready systems that meet the specific needs of Draper’s customers. The Center will enable high-mix, low-volume production supporting domains ranging from microelectronics to advanced precision navigation and timing systems.

“Advanced chip packaging, which bundles multiple chips into a single assembly for placement onto a circuit board, is a critical part of building complex, high-performance systems,” said Colleen Anderson, Electronic Systems program director at Draper. “But only 3 percent of chip packaging is performed in the United States today. The IMPACT Center will help to fill this void by providing a reliable domestic source for some of the most sophisticated systems our country produces.”

The IMPACT Center will be located in the Hamilton Canal Innovation District and is part of the Lowell Innovation Network Corridor (LINC). LINC is an innovation ecosystem that stretches from the UMass Lowell campus into downtown Lowell that drives research, workforce development and economic growth while creating opportunities for students, faculty, companies and the community. Draper is an anchor tenant in LINC and currently has a corporate campus established within the corridor.

Draper is pleased to be teaming with Wexford Science & Technology as the real estate developer for the project alongside GMH Communities and First Atlantic. In support of the development team is Shawmut Design and Construction and Burns & McDonnell.

Distinguished guests attending the ceremony included Massachusetts Governor Maura Healey and Lieutenant Governor Kim Driscoll, U.S. Congresswoman Lori Trahan (MA-03), University of Massachusetts President Marty Meehan, University of Massachusetts Lowell Chancellor Julie Chen, and Lowell Mayor Erik R. Gitschier. Draper President and CEO Jerry Wohletz hosted the event. He was joined by Chief Investment Officer and Senior Vice President of Development at Wexford Science & Technology, John Grady.

About Draper

Draper is a non-profit research, development, and manufacturing company that solves some of the nation’s most important challenges. With more than 2,800 employees working in collaboration across 12 locations, Draper delivers transformative, mission-driven solutions that successfully meet our customers’ requirements. These efforts focus on four critical mission areas: Strategic Systems, Space Systems, Electronic Systems, and Biotechnology Systems. To extend our legacy into the future, the Draper Scholars program engages with the next generation of innovators while DraperSPARX™ seeks to partner with startups and small businesses that can further our mission. To learn more about Draper, visit www.draper.com. Follow Draper on Linked In and Instagram. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/draper-breaks-ground-on-new-microelectronics-building-in-lowell-302900385.html

SOURCE Draper Laboratory

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ExSign by Hosting Controller Now Supports Google Workspace for Centralized Email Signature Management

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October 6, 2026

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Organizations using Google Workspace can now centrally manage professional and consistent email signatures with ExSign, extending its email signature management capabilities across leading business email platforms.

KINGSTON, ON, Oct. 6, 2026 /PRNewswire-PRWeb/ — Hosting Controller Inc. has expanded ExSign, its centralized email signature management solution, with support for Google Workspace. Organizations using Google Workspace can now centrally create, manage, and maintain professional email signatures across their users without relying on individual employees to configure or update signatures manually.

Organizations using Google Workspace can now centrally manage professional and consistent email signatures with ExSign, extending its email signature management capabilities across leading business email platforms.

As email remains a core business communication channel, maintaining consistent branding and accurate information across every employee email can become increasingly challenging as organizations grow. Individually managed signatures can result in inconsistent branding, outdated contact information, missing disclaimers, and missed opportunities to use everyday emails as a marketing channel.

“Google Workspace support marks an important expansion for ExSign and gives more organizations the ability to centrally manage one of the most visible elements of their everyday business communication,” says Babar Zaman, VP Business Development at Hosting Controller. “Whether the goal is stronger brand consistency, streamlined administration, compliance, or turning everyday emails into marketing opportunities, ExSign makes it easier to manage signatures across the organization.”

With ExSign for Google Workspace, IT administrators and marketing teams can centrally manage signature designs, contact information, branding elements, disclaimers, and promotional banners across the organization, helping reduce manual updates while keeping email communications professional and consistent.

With the addition of Google Workspace, ExSign now supports Google Workspace, Microsoft 365, and Microsoft Exchange Server, extending centralized email signature management across cloud and on-premises email environments. Learn more at https://hostingcontroller.com/Email-Signature-Management/ExSign-for-Google-Workspace.html.

About Hosting Controller Inc.

Founded in 1999, Hosting Controller Inc. is a cloud automation software provider with customers in over 125 countries. Its comprehensive suite of products supports email signature management, Active Directory tools, hybrid cloud solutions, virtualization, and enterprise automation, helping businesses modernize their communications and infrastructure. For more information, visit https://www.hostingcontroller.com/.

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Media Contact

Babar Zaman, VP Business Development, Hosting Controller, 1 (647) 799-1000, hello@hostingcontroller.com, https://HostingController.com

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SOURCE Hosting Controller

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/C O R R E C T I O N — KNOWIDEA/

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1 hour ago

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October 6, 2026

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In the news release, KNOWIDEA Launches VeriPIE to Reduce Decision Risk with Verified AI Predictions, issued Oct. 6, 2026 by KNOWIDEA over PR Newswire, we are advised by the company that the original version contained incorrect information introduced by PR Newswire during transmission. The complete, corrected release follows:

KNOWIDEA Launches VeriPIE to Reduce Decision Risk with Verified AI Predictions

The Verified Predictive Intelligence Engine is available and in production at energy producers, financial institutions and manufacturers.

TORONTO, Oct. 6, 2026 /PRNewswire/ — KNOWIDEA launches VeriPIE, the Verified Predictive Intelligence Engine. VeriPIE connects to a company’s existing systems, predicts what happens next and what it is worth, and verifies every number in the recommendation.

VeriPIE is available today in the KNOWIDEA platform and in production with a Fortune 500 oil and gas producer, financial institution and industrial manufacturer.

Most companies decide using dashboards that describe the past, consulting reports that take eight to twelve weeks, or AI answers that are right most of the time. When a decision rests on a number no one can check, the risk sits with the executive’s intuition.

VeriPIE runs the same five steps on every question. It connects ERP, finance, operations and CRM data with external benchmarks, finds the drivers of the number in question, forecasts each option, weighs each prediction against the company’s risk tolerance, and delivers a recommendation with the judgments that need a human owner marked.

Each number traces to its source system, table, rows and dates. Claims that can be checked exactly are checked by code, not by another model. When evidence is missing, VeriPIE does not issue a verified recommendation and names the missing input.

“Every major decision is a prediction. The question is whether you can prove it before you bet the company on it. VeriPIE gives you the future with the work shown,” said Yatharth Sejpal, Co-founder and CEO of KNOWIDEA.

“Prediction without verification is a guess with better formatting. VeriPIE proves every part of a forecast that can be proven and names the part that cannot,” said Brian Zhengyu Li, Co-founder and CTO of KNOWIDEA.

VeriPIE sits on top of the ERP, data warehouse and BI tools a company already owns. To see it on your own data, bring one decision to a 30-minute session at knowidea.dev.

About KNOWIDEA
KNOWIDEA is a Toronto-based decision intelligence company. Learn more at knowidea.dev.

Media contact: Yatharth Sejpal, info@knowidea.dev

View original content:https://www.prnewswire.com/news-releases/knowidea-launches-veripie-to-reduce-decision-risk-with-verified-ai-predictions-302900366.html

SOURCE KNOWIDEA

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