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Engage Selects AI Governance Leader ModelOp for the 14th Cohort of Its Enterprise Accelerator Program

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Engage, the collaborative innovative and corporate venture platform, backed by 14 industry-leading enterprises and Georgia Tech, provides capital and mentorship to startups building the future of the enterprise. 

CHICAGO, April 8, 2025 /PRNewswire/ — ModelOp, the leading AI Governance software for enterprises, announced today that it has been selected by Engage to be a member of its 14th cohort of their Enterprise Accelerator Program. Engage is a strategic group of 14 Fortune 500 enterprises based in the Southeast.

Engage brings together category-leading corporations that have joined forces to support startups and venture-round companies building the future of enterprise and establish the Southeast as a leading innovation hub. The platform is designed to provide startups with what they need most — access to new customers and markets. Engage’s accelerator program is designed to streamline the process for emerging companies to work with the most influential corporations in the world.

Engage’s partners include Chick-fil-A, The Coca-Cola Company, Cox Enterprises, Delta Air Lines, Georgia-Pacific, Georgia Power Foundation, Georgia Tech, Goldman Sachs, The Home Depot, Inspire Brands, Intercontinental Exchange, Invesco, RaceTrac, Tech Square Ventures, Unum, UPS, and Wellstar.

“We are thrilled to bring ModelOp into our program,” said Bill Nussey, Engage’s Managing Director. “They are making waves in the AI Governance space and we are excited to be a part of the journey.”

ModelOp’s AI Governance software is the first commercially available software to provide comprehensive oversight for all AI systems, from in-house and third-party vendor models to embedded systems and agentic AI like Microsoft Copilot and Salesforce Agentforce. With numerous enterprises using its AI Governance software, including many in the financial services, healthcare, and CPG sectors such as Fidelity Investments, FINRA, and Bristol Myers Squibb, ModelOp’s customers report they are better able to enforce policies consistently and stay compliant even as regulations evolve rapidly. Unlike fragmented, manual governance approaches, ModelOp automates compliance workflows, integrates seamlessly with existing IT investments, and provides real-time insights into AI risk, performance, and value.

At the core of ModelOp’s innovation is its governance inventory, a single source of truth that tracks AI use cases and their impact across an enterprise. Coupled with automated controls that enforce compliance at scale and streamlined reporting for real-time executive insights, ModelOp ensures AI systems are managed responsibly while substantially accelerating time-to-value.

“We are pleased to be working with Engage and their corporate partners, and to have the opportunity to help them accelerate and scale AI innovation, responsibly,” said Pete Foley, CEO of ModelOp. “With  thousands of new AI use cases being proposed within a single enterprise and the massive number of upcoming AI regulations being proposed at the state level, we are excited to help them implement AI initiatives faster and safer for a better return. Our customers have reduced the time it takes to bring AI initiatives to market from more than 12 months to fewer than 6 months — a 2X increase in speed to production. And unlike other solutions, ModelOp’s unique software provides executives unprecedented visibility into the AI being used across their organizations.”

Visit https://www.modelop.com to learn more.

About Engage
Engage is a first-of-its-kind collaborative corporate venture and innovation platform to give entrepreneurs what they need most — access to customers and markets. The Engage partners contributing capital, expertise, time, and resources include Chick-fil-A, The Coca-Cola Company, Cox Enterprises, Delta Air Lines, Georgia-Pacific, Georgia Power Foundation, Georgia Institute of Technology, Goldman Sachs, The Home Depot, Inspire Brands, Intercontinental Exchange (ICE), Invesco, RaceTrac, Tech Square Ventures, Unum, UPS, and Wellstar Health System. Georgia Tech and Tech Square Ventures, provide tools, portfolio support and resources to companies on the platform. Engage is headquartered in Georgia Tech’s Technology Square. For more information, visit https://engage.vc/ 

About ModelOp
ModelOp is the leading AI Governance software that helps enterprises safeguard all AI initiatives – including generative AI, Large Language Models (LLMs), in-house, third-party, and embedded systems – without stifling innovation. Through automation and integrations, ModelOp empowers enterprises to quickly address the critical governance and scale challenges necessary to protect and fully unlock the transformational value of enterprise AI – resulting in effective and responsible AI systems. In 2024, ModelOp received the prestigious AI Breakthrough Award for “Best AI Governance Platform” and was also recognized as a winner in Inc.’s Best in Business Awards in the AI & Data category. In 2025, it was awarded the “Best AI Governance Software Award” from Netty Awards. Follow ModelOp on LinkedIn.

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SOURCE ModelOp

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Hexagon Composites ASA: Eirik Løhre appointed permanent CFO

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May 5, 2026

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OSLO, Norway, May 5, 2026 /PRNewswire/ — Reference is made to the stock exchange announcement dated 11 November 2025, where Eirik Løhre was appointed interim CFO in Hexagon Composites.

The Company is pleased to inform that Eirik Løhre has been appointed permanently to the role of CFO in Hexagon Composites, effective today.

Eirik Løhre has been with the Company since 2021 and prior to his role as interim CFO, he served as EVP Corporate Development on the Executive Team.  

“Eirik has demonstrated strong financial leadership and execution, and he has been instrumental in strengthening our financial performance. I look forward to continuing our work together to develop and position Hexagon in this next phase of growth,” said Philipp Schramm, CEO, Hexagon Composites. 

For more information:
Berit-Cathrin Høyvik, Senior Director, Communications, Hexagon Composites
Tel: +47 988 92 161, berit-cathrin.hoyvik@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation and conversion to clean energy in a wide range of mobility and industrial applications. Learn more at www.hexagongroup.com and follow @HexagonASA on LinkedIn.

This information was brought to you by Cision http://news.cision.com

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View original content:https://www.prnewswire.co.uk/news-releases/hexagon-composites-asa-eirik-lohre-appointed-permanent-cfo-302762250.html

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LONGPORT Whale Enters Malaysian Market with Next Generation Trading Infrastructure for Local Brokerages

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May 5, 2026

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LONGPORT Whale, with proven track record across 100+ institutional clients in Asia, makes its Malaysia debut at Bursa Malaysia Stockbroking Trade Fair 2026

KUALA LUMPUR, Malaysia, May 5, 2026 /PRNewswire/ — LONGPORT Whale, a provider of AI-Ready securities trading infrastructure, is making its entry into the Malaysian market at the Bursa Malaysia Stockbroking Trade Fair 2026. The move comes as Malaysia’s Capital Market Masterplan 2026–2030 (CMP4) continues to hone in on local brokerages to modernise core systems, balancing investor experience, regulatory compliance, and operational resilience simultaneously.

Malaysian brokerages are increasingly confronted by a challenge that goes beyond front-end upgrades. Legacy architectures struggle to keep pace with digital-native investor expectations, rising cybersecurity standards, and the demand for multi-market expansion simultaneously. For many such brokerages, the question is no longer whether to modernize, but how to do so without adding complexity or disrupting the business continuity that clients depend on.

Zhong Hua, CEO, LONGPORT Whale, said, “Core trading infrastructure must support continuous evolution — in investor experience, compliance, and AI readiness — without adding unnecessary complexity. The brokerages that lead the next decade won’t be the ones with the best system today; they’ll be the ones whose systems are designed to keep getting better. LONGPORT Whale aims to bring its Asia-proven experience to help Malaysian brokers strike that balance.”

Built on a cloud-native microservices architecture and trusted by more than 100 institutional clients in Asia, Whale’s platform is engineered by industry professionals and refined through years of first-hand operational experience. For the Malaysian market, it addresses four priorities: a best-in-class trading experience validated across competitive, highly regulated markets in Asia; system resilience and performance built for institutional scale, with high system performance and output, real time risk management, and low system latency; global market connectivity spanning Malaysia, Singapore, Hong Kong SAR, US, and Japan without requiring system rebuilds; and an API-first, data-unified architecture that gives brokerages a practical foundation for AI adoption.

Hong Kong SAR and Singapore, where Whale serves online brokers, traditional banking firms, banks and wealth management institutes in a stringent regulatory environment, serve as the primary reference market for its Malaysia expansion. The company said it aims to work with local industry participants as both an infrastructure partner and a contributor to broader conversation on responsible modernization under CMP4.

About LONGPORT Whale

LONGPORT Whale provides integrated securities trading infrastructure to brokers, banks, fund houses, wealth managers, and family offices across Asia. Its cloud-native platform supports multi-market, multi-asset trading across front-, middle-, and back-office workflows, with a deployment model designed for regulatory alignment and long-term scalability. Website: www.longportwhale.com

Media Contact
LONGPORT Whale PR Team
Email: media@longportwhale.com

View original content:https://www.prnewswire.com/apac/news-releases/longport-whale-enters-malaysian-market-with-next-generation-trading-infrastructure-for-local-brokerages-302761411.html

SOURCE LONGPORT Whale

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Thunes and Vodacom Tanzania Unite to Power Cross-Border M-Pesa Payments Across China and Uganda

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May 5, 2026

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Collaboration revolutionises trade & financial convenience for Tanzanian merchants and consumers

SINGAPORE, May 5, 2026 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, has joined forces with Vodacom Tanzania, the country’s leading telco company, to transform cross-border trade and digital financial inclusion with Vodacom’s new M-Pesa Global Payment solution. Thanks to the collaboration, Vodacom customers in Tanzania can now seamlessly pay merchants in Uganda and China directly from their mobile phones.

This milestone solution responds to growing demand from Tanzanian traders who engage in commerce with Ugandan and Chinese markets but often face challenges with costly, slow, and insecure payment methods. With this innovation, leveraging the Thunes Direct Global Network, Vodacom aims to bridge those gaps, offering secure, real-time digital payments across borders and reinforcing its leadership in mobile money innovation in Africa.

The solution supports trade with two key markets for Tanzania. For eight consecutive years, China has been Tanzania’s largest trading partner, with bilateral trade hitting $8.8 billion in 2024. In the same year, bilateral trade between Tanzania and Uganda reached approximately $2.23 billion, an increase of 64% on the previous year.

Epimack Mbeteni, M-Pesa Director at Vodacom Tanzania said: “This is more than just a payment feature, it is a catalyst for economic empowerment and a gateway for small and medium businesses and entrepreneurs in Tanzania to compete and thrive in regional and global markets. Through Thunes’ expansive and trusted Network we are enabling seamless, secure, and affordable cross-border payments that empower people, fuel trade and place M-Pesa at the center of Africa’s digital commerce future.”

Through Thunes’ Direct Global Network, customers can now send payments to merchants in Uganda using MTN MoMo and to Chinese merchants through the Alipay network, all through the M-Pesa USSD menu or the M-Pesa Super App. The process is secure, user-friendly, and eliminates the burden of traditional banking barriers for everyday traders and businesses.

Dawei Wang, SVP Network at Thunes, added: “Vodacom Tanzania joining the Thunes Direct Global Network to digitise cross-border payments is a game changer for local businesses. By combining Vodacom’s technology with Thunes’ trusted and proprietary Network, Tanzanian customers can pay partners in China and Uganda in real time. This innovation accelerates interoperability along with international trade and business growth and supports our vision of connecting the next billion end users to the global economy.”

This initiative stands as a strategic enabler for consumers and micro, small, and medium enterprises (MSMEs) who need reliable and quick financial tools such as mobile money. A 2025 GeoPoll survey on Tanzania Financial Services and Usage found that 94% of the survey’s respondents use mobile money.

The Thunes and Vodacom Tanzania alliance is set to transform the lives of millions of consumers by dismantling cross-border barriers. By hyper-connecting Tanzania to global powerhouses like China and streamlining intra-African trade, the collaboration is helping to build an inclusive economy and grow Tanzania’s role as a force in the global market.

About Vodacom Tanzania

For more information, visit: https://www.vodacom.co.tz/

About Thunes

For more information, visit: https://www.thunes.com/

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View original content:https://www.prnewswire.co.uk/news-releases/thunes-and-vodacom-tanzania-unite-to-power-cross-border-m-pesa-payments-across-china-and-uganda-302760085.html

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