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ALERT FM Receives First Radio-Broadcast ShakeAlert(R) License to Deliver Messages to California, Oregon, and Washington

Pasadena, CA, April 16, 2021 –(PR.com)– Global Security Systems, LLC (“GSS”) of Lafayette, LA, is pleased to announce that their proven radio broadcast-based emergency notification system, ALERT FM, successfully completed the rigorous process to obtain the ShakeAlert(R) License to Operate. ALERT FM currently provides tornado, hurricane, fire and other life-saving alerts across the United States.

ALERT FM is a text-based emergency notification system that rapidly delivers secure, encrypted ShakeAlert(R)-powered alerts to residents, schools, hospitals, commercial and industrial facilities that could provide individuals seconds of warning before shaking arrives. During testing, ALERT FM has demonstrated alert delivery to users in 5 seconds or less. These alerts will help save lives and reduce injuries by giving people time to take a protective action like Drop, Cover, and Hold On. GSS is currently implementing ALERT FM to help protect and save lives across California, Oregon, and Washington.

ALERT FM is unique as it delivers alerts based on data from the USGS-managed ShakeAlert(R) system using the existing nationwide FM broadcasting network. This system provides multiple redundant backup transmitters connected by satellite to provide secure transmission of a single point-to-multipoint messaging, layered by “need to know” groupings without the nodal vulnerability of other communication systems.

“We are delighted to have been selected by the USGS to be a distributor of ShakeAlert(R)-powered alerts,” said Matthew Straeb,EVP/CTO of Global Security Systems, makers of ALERT FM. “As a long-time provider of emergency notifications for tornados, fires, hurricanes, evacuations, and tsunamis, adding early earthquake warning notifications is a tremendous benefit for increasing public safety in all of our communities.”

“GSS/Alert FM has provided valuable insight into the emergency notification delivery industry and potential use cases to the ShakeAlert team since 2014,” said Steve Hickman, director of the U.S. Geological Survey Earthquake Science Center. “We look forward to continuing to work together under this new agreement, which will provide GSS/Alert FM with real-time earthquake early warning alerts powered by ShakeAlert.”

In the coming months, ALERT FM will integrate automated actions to accompany earthquake early warnings for sirens, accessible devices such as bed-shakers and other consumer electronic devices. Straeb states, “We will be seeking partners to integrate our low-cost FM technology to control emergency generators, door openers, production machinery, and other sensitive equipment in concert with alert messages. The benefits are nearly endless in earthquake situations.” GSS will also pursue partnerships with accessible, hospital, transportation and public utility systems.

About Global Security Systems, LLC (“GSS”)
Global Security Systems is a systems integrator, service provider and manufacturer of the ALERT FM, Alert Studio and GSSNet, a satellite data delivery system. www.alertfm.com

About USGS ShakeAlert(R)
ShakeAlert(R) is an earthquake early warning system that detects significant earthquakes so quickly that alerts can reach many people before shaking arrives. ShakeAlert(R) is not earthquake prediction, rather a tool that indicates an earthquake has begun and shaking is imminent.

Contact Information:
Global Security Systems, LLC
Matthew Straeb
954-850-6606
Contact via Email
www.alertfm.com

Read the full story here: https://www.pr.com/press-release/834741

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Da Vinci Increases Investment in DataArt

New York, NY, April 15, 2021 –(PR.com)– Emerging markets private equity firm Da Vinci Capital has closed a follow-on investment in global software engineering company DataArt. Da Vinci Capital made its initial investment in DataArt in 2018.

Despite the COVID-19 pandemic in 2020, DataArt achieved record annual revenue up over 15% from the previous year, forging over 150 new client relationships and increasing headcount to 4,200 people. In February 2021, DataArt opened a new sales office in Dubai to supports its growing business in the Middle East and North Africa.

Da Vinci Capital Managing Partner Dennis Fulling said, “DataArt’s business proved resilient to COVID-19 due to the company’s ‘people first’ approach and its dedication to client service and engineering excellence. We look forward to consolidating our strong relationship with DataArt and its founders.”

About Da Vinci Capital

Da Vinci Capital Management Ltd. is a leading emerging markets private equity manager. Backed by the European Bank for Reconstruction and Development and other major institutional investors, Da Vinci Capital has over $350 million of assets under management. Major exits include EPAM Systems Inc., PJSC Moscow Exchange, and JSC B2B-Center.

Da Vinci Capital’s portfolio investments include global custom software developer DataArt; transportation-as-a-service provider Gett Taxi; hedge fund, exchange traded fund and alternative investment platform ITI Funds; collection agency First Collection Bureau; financial technology and trading broker ITI Group; mobile advertising platform LoopMe; information technology services provider Softline; and other fast growing companies.

About DataArt

DataArt Enterprises Inc. (www.dataart.com) is a global technology consultancy that designs, develops and supports unique software solutions, helping clients take their businesses forward. Recognized for their deep domain expertise and superior technical talent, DataArt teams create new products and modernize complex legacy systems that affect technology transformation in select industries.

DataArt has earned the trust of some of the world’s leading brands and most discerning clients, including Ocado, Unilever, Apple Leisure Group, MeetUp, Nasdaq, and TravelPort. DataArt brings together the expertise of over 4,200 professionals in 23 locations in the U.S., Europe and Latin America.

Contact Information:
Da Vinci Capital
Christopher B. Stone
+1 (650) 600-1619‬
Contact via Email
www.dvcap.com

Read the full story here: https://www.pr.com/press-release/834724

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