FOLK HERO™ expands globally with push into Europe and the Middle East

New York, NY, Feb. 01, 2023 (GLOBE NEWSWIRE) — FOLK HERO™, [INVNT GROUP]’s brand strategy firm, is expanding its global operations into Europe and the Middle East, growing its storytelling reach across the region.

FOLK HERO is a modern brand studio, brand consulting agency, and leading expert in global brand storytelling. The firm has led award-winning brand strategy campaigns for Loro Piana, Intimissimi, Sales Force, Tezenis, Walmart Media Group, Nurosene and more.

Ben Mainwaring has been appointed Chief Strategy Officer of FOLK HERO.

“As we continue to build on the strength of our global strategic offering, Ben brings great expertise in technology, purpose and innovation, that will help Folk Hero continue to successfully take brands into the future,” said Rob Klingensmith, CEO of FOLK HERO.

Mainwaring brings over 20 years of brand marketing strategy, new product development, and commercial strategy experience, specializing in automotive, emerging technology and systems innovation.

Mainwaring will be based in INVNT GROUP’s EMEA headquarters in London, supporting client work across the region.

“We’re thrilled to have this powerhouse resource on the ground in the EMEA region enhancing our capabilities for clients. Helping brands and organisations ensure that they are telling the best version of their brand story, and reaching the most relevant audiences is crucial,” said Claudia Stephenson, Managing Director of INVNT GROUP EMEA. 

Ben Mainwaring joins FOLK HERO after 8 years as Founder at Matter, delivering strategy and innovation to private sector and governments clients across the US, Middle East, and Africa.

“I have known INVNT GROUP’s leadership for over a decade and have been so impressed by how the business has grown, adapted, and innovated over the years. I am joining FOLK HERO at a pivotal time in the evolution of the GROUP – advancing the agency’s brand strategy and storytelling power. I can’t wait to make my own contribution to the agency’s challenger mantra and broaden our offering to new markets and world-class clients,” said Ben Mainwaring, Chief Strategy Officer of FOLK HERO.


Folk Hero, established by award-winning brand strategist Rob Klingensmith and part of [INVNT GROUP] The Global BrandStory Project™ specializes in bringing story strategies to the executive level, creating master brand narratives that act as brands’ operating and organizing principles. The firm helps its clients develop unusually compelling brand narratives, architecture, identity and tone-of-voice, all underpinned by a robust research methodology and deep understanding of contemporary consumer behaviors. For more information visit:



[INVNT GROUP]™ THE GLOBAL BRANDSTORY PROJECT was established as an evolution of the founding global live brand storytelling agency INVNT in 2008, with a vision to provide consistent, meaningful, well-articulated BrandStory across all platforms. With offices in New York, Sydney, London, Singapore, Dubai, San Francisco, Stockholm, Detroit, and Washington D.C.; headed by President and CEO, Scott Cullather, [INVNT GROUP] represents a growing portfolio of complementary disciplines designed to help forward-thinking organizations everywhere, impact the audiences that matter, anywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; production studio & creative agency, HEVĒ; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM; creative multimedia experience studio, Hypnogram; and the original live brand storytelling agency, INVNT. For more information visit:

Jhonathan Mendez de Leon

GlobeNewswire Distribution ID 8740864

Global Advanced Metals Declared Conformant to Minerals Due Diligence Audit Standard for 13 Consecutive Years

Featured Image for Global Advanced Metals Pty Ltd

WELLESLEY HILLS, Mass. and PERTH, Australia, Feb. 01, 2023 (GLOBE NEWSWIRE) — Global Advanced Metals Pty Ltd (GAM), a leading producer of tantalum powders and metallurgical products, has successfully undergone conflict minerals due diligence audits by the Responsible Minerals Assurance Process (RMAP) of the Responsible Minerals Initiative (RMI).

Following September 2022 audits, RMAP-RMI has determined GAM Aizu, Japan, and Pennsylvania, USA, facilities conformant to its audit standard for 13 consecutive years.

To earn RMAP conformance status, a company must successfully undergo a rigorous third-party audit of all its smelting operations. The audit includes validating evidence of adherence to the 5-steps Due Diligence Guidance of the Organization for Economic Cooperation and Development (OECD), acceptable reasonable country of origin evaluation, mine of origin and chain of custody, and verification of scrap sources among other criteria.

“This conformance determination is complementary of GAM’s other responsible business practices, such as our safety-focused Voluntary Protection Program (VPP). We will continue to drive adoption of sustainable business practices across our operations and supply chains,” said Edward Steckel, GAM Senior Director of Global Supply Chain.

The RMI-RMAP conflict-minerals due diligence audit program is led and supported by a cross section of industries (e.g., Electronics, Aerospace, and Automotive), governments, and other stakeholders. Downstream companies rely on the conformance of smelters like GAM to comply with US Dodd-Frank 1502, EU conflict minerals regulations, and other applicable regulations.

About GAM

A leading conflict-free tantalum producer, GAM has exclusive rights to the world’s largest industrial resources of tantalum ore located in Western Australia.

GAM produces conflict-free tantalum powders and metallurgical products at its Pennsylvania, USA, and Aizu, Japan, plants for a range of industries, including electronics, aerospace, automotive, medical and chemical processing.

GAM’s smelting facilities in Japan and the USA were first declared “Conflict-Free” in 2010 under the former EICC/GeSI Conflict-Free Sourcing Initiative (CFSI) audit program and continue to maintain their conformance to the current (RMAP) standard.

About RBA, RMI and RMAP

The Responsible Business Alliance—RBA was formerly known as the Electronic Industry Citizenship Coalition—EICC,

The Responsible Minerals Initiative (RMI) was formerly known as the Conflict-Free Sourcing Initiative—CFSI, and

The Responsible Minerals Assurance Process—RMAP was formerly known as the Conflict-Free Smelter Program—CFSP.

Media Contact:
Jean-Paul Meutcheho

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Jean-Paul Meutcheho

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HYCU® Introduces World’s First Data Protection Development Platform for SaaS

Now More Than 17,000 SaaS Vendors and ISVs Can Deliver Data Protection Services in Days, Enabling Their 59+ Billion Users to Backup and Recover in Minutes

Boston, Massachusetts, Feb. 01, 2023 (GLOBE NEWSWIRE) —  HYCU, Inc., the world’s fastest-growing multi-cloud data protection as a service company, unveiled R-Cloud™ today, to allow Software as a Service (SaaS) companies and Independent Software Vendors (ISVs) to provide, in days, backup and recovery services for their SaaS offerings. R-Cloud is the world’s first low-code, purpose-built data protection development platform specifically designed to make it easy for SaaS vendors to deliver a true enterprise class backup and recovery service for their users that is secure and scalable. With more than 17,000 SaaS applications in use across organizations today[1], 99% of those applications have no reliable backup and recovery available. With the explosion of SaaS and the rapid modernization of applications, it is more difficult than ever to see, manage, and protect business-critical applications for IT departments.

“If the number of vendors in one of the industry’s leading market reports have only protected seven SaaS applications to date, the current approach to backup and recover SaaS has no future,” said Simon Taylor, HYCU Founder and CEO. “The entire approach is broken. New SaaS offerings are being built. New approaches to protect them are a must. That is why we have re-thought the way data protection is done and found a way to provide ISVs and SaaS vendors the ability to add data protection with ease. Granular backup and recovery for SaaS is now available in as little as four days when it would have taken at least four quarters before to develop.”

R-Cloud is the result of four years of development, and a number of patent-pending innovations, in an effort to closely engage with existing customers and SaaS solutions providers and to ensure there is an easy way to visualize all data across the enterprise, identify what data is protected, ensure data is not left unprotected, and be able to recover data in the event of human error or malicious attack. At its foundation, the R-Cloud platform empowers SaaS companies to leverage HYCU’s data protection expertise, orchestration, identity and access management, policy management, and analytics to ensure all SaaS data is protected.

“Today marks a significant new milestone in what HYCU has been able to accomplish and will set a new standard in what companies should expect from data protection solutions,” said Enrique Salem, partner, Bain Capital Ventures. “Only HYCU provides the solution for organizations to protect, manage, and recover all of their SaaS applications.”

For the first time, SaaS companies using R-Cloud can quickly release secure and verifiable data protection delivered as a service for their customers. Now, IT admins and developers that need data protection regardless of SaaS-based application will be able to access powerful data protection services. Today, the average development time to create new data protection is at least four quarters, and HYCU has reduced the time to four days. With the introduction of R-Cloud, users will gain the following benefits:

  • Low-code, Integrated Development Environment: R-Cloud empowers SaaS companies and ISVs to quickly develop new R-Cloud modules for their SaaS services, shortening development cycles to days rather than years.
  • Rapid Diagnosis via Graphical Visualization: Businesses get a comprehensive visualization of their entire data estate and protection status via auto-discovery and mapping of all applications and services – SaaS, PaaS, DBaaS, public, and private cloud. Organizations get a detailed and holistic view of their business-critical data and their protection status.
  • Tight Integration with Award-winning Data Protection Technology: SaaS companies and ISVs can couple their application intelligence with the discovery, orchestration, security, policy management, and reporting of HYCU.
  • Secure, Patented New Recovery Service: Applications developed on R-Cloud will provide SaaS users with:
    • One-click backup – Users can ‘set and forget’ backup policies that run 24/7
    • Granular recovery – Quickly recover granular elements across any SaaS application protected.
    • Self-service capabilities – Deliver role-based access control and enable SaaS admins and users to protect and restore critical data.
    • Security and confidence – All developed data protection services are stored securely, and protected against ransomware.
  • Data Protection Services on HYCU Protégé Marketplace: Organizations can subscribe and access a growing library of all SaaS, DBaaS, and PaaS applications that are protected.

The first SaaS-based applications, databases, and services supported in R-Cloud will include: Amazon RDS, Google Cloud SQL, Google Kubernetes Engine, Google Workspace, Google BigQuery, Salesforce, Atlassian Confluence, Atlassian Jira Software, Atlassian Jira Service Management, Okta and Microsoft 365. New application integrations will be available through HYCU Protégé Marketplace.

“Now, more than ever, companies need to keep their employees and their technology resources secure, especially in light of geopolitical risk and the increase in ransomware attacks,” said Theresia Gouw, Founding Partner, Acrew Capital. “This has been a key area of investment for us and HYCU is well suited to address. The launch of R-Cloud comes at an important moment in time, where the rise in SaaS application use in organizations is forcing new and innovative approaches to protecting and recovering applications and data. HYCU is leading that charge, and we are excited at what’s to come.”

“We invested in HYCU because of its leading data protection technology,” said Philip Braddock, Portfolio Management Lead, Atlassian Ventures. ”We believe that data protection as a service is crucial to the success of teams and with R-Cloud, HYCU enables teams to deploy data protection solutions faster to safeguard their work. R-Cloud adds huge value for Atlassian’s 200,000+ cloud customers and we’re excited to see its impact on thousands of global teams.”

To learn more about R-Cloud visit, A live R-Cloud launch webinar with a detailed demonstration starts at 11:00 am ET. To register, visit: R-Cloud Launch.

About HYCU

HYCU is the fastest-growing leader in the multi-cloud and SaaS data protection as a service industry. By bringing true SaaS-based data backup and recovery to on-premises, cloud-native and SaaS environments, the company provides unparalleled data protection, migration, disaster recovery, and ransomware protection to thousands of companies worldwide. As an award-winning and recognized visionary in the industry, HYCU solutions eliminate complexity, risk, and the high cost of legacy-based solutions, providing data protection simplicity to make the world safer. With an industry leading NPS score of 91, customers experience frictionless, cost-effective data protection, anywhere, everywhere. HYCU has raised $140M in VC funding to date and is based in Boston, Mass. Learn more at



“We’re at a point in time where SaaS sprawl and ransomware threats are leading to significant challenges, and forcing companies to rethink the way they secure and protect data,” said Austin Arensberg, Senior Director, Okta Ventures. “R-Cloud is a game changer. It’s an innovative way to eliminate those challenges, and by incorporating Okta SSO technology, it provides a powerful approach to access and visualize data and applications to see what needs to be protected. This is what we saw from the beginning, and why we invested in HYCU last year. We’re excited at the launch of R-Cloud and we know that it will impact the way companies address their SaaS data protection challenges today, and well into the future.”

“One of the key findings from our recent SaaS Data Protection Report was that solutions to protect and recover SaaS apps was a work in progress,” said Christophe Bertrand, Practice Director, Data Management and Analytics, ESG Global. “While there are many solutions available, there are still too many challenges in what end users expect and what is available. What has been needed is a way to democratize the data protection, and recovery, in a compelling and new way. The introduction of R-Cloud can help in resolving what I see as the SaaS applications data protection disconnect.”

“As the front-line enabler of digital society in the Nordics, we continuously look for ways to protect our customer’s data better and reduce the complexity in managing multicloud environments,” said Harri Kallioniemi, Head of Public Cloud and Cyber Security, Tietoevry. “As HYCU partner, we’re excited to see new kind of approach that enables the data protection for the long tail of increasing amount of SaaS solutions our customers are using.”

“Our customers look to SADA to provide best-in-class professional services and technical expertise to unlock the power of Google Cloud,” said Tony Safoian, President and CEO, SADA. “R-Cloud is an innovative technology approach to scale and protect business critical Google Cloud services. It provides a compelling way to protect and recover modern applications in Google Cloud and we couldn’t be more excited at what R-Cloud can offer.”

“The SaaS backup problem has been a difficult one to crack due to the overwhelming number of unique SaaS applications, which only continues to grow,” said Vid Sista, Vice President, Digital Strategy, Alchemy Tech Group. “HYCU’s unique approach of crowdsourcing may be the best way to democratize SaaS backup. Allowing solution providers and ISV’s access to their API’s to develop the backup and recovery solution, then publishing a certified solution to their marketplace for other customers is an ingenious way to capture the most critical SaaS applications quickly.”

“HYCU is addressing a significant challenge for SaaS data protection, by turning things on its head,” said Chris M. Evans, Principal and Founder, Architecting IT. “R-Cloud, as a SaaS data protection development platform, provides a way to address not just the visualization aspect of a company’s data estate but provides an attractive way to address the scalability and recovery issues that no one has come up with before. Now, for example, a CIO would be able to see a completely different view well beyond just the individual asset or physical infrastructure. The physical infrastructure it sits in will be irrelevant in that sense.”

“In my more than twenty years tracking significant developments in data protection and security, HYCU R-Cloud ranks in the Top Five,” said Jerome Wendt, Founder and Principal, DCIG, LLC. “With more data unprotected than ever before, HYCU is turning the ability to backup, recover and protect SaaS data on its head, making it far easier and simpler while providing enterprises with unprecedented flexibility.”

“The explosion of point-SaaS applications in the workplace has led to massive sprawl of both apps and data within an organization,” said Rob Drivers, UK Sales Director (Public Sector) Software division, SCC UK. “This has left many companies and their business-critical applications at risk. SCC always strives to provide quality solutions and services to support our customers, embracing innovation from our strategic partners. With the announcement of R-Cloud, HYCU is on the way to setting the standard for managing the integrity of SaaS applications and data. It gives the power to SaaS companies and their customers to ensure that their data is secure, no matter the application. This, in turn, will enable SCC to build services and deliver new ways to empower and protect our customers in a significant and new manner. We look forward to working with HYCU with the roll out of R-Cloud.”

“The explosion of SaaS solutions has fractured visibility and recoverability of an organization’s data assets,” said Scott Lowe, Co-founder, CEO and Lead Industry Analyst. “R-Cloud brilliantly solves the two sides of this complex problem – for both customers and SaaS vendors – with an abstraction layer that provides SaaS vendors with a low-code plug-and-play backup as a service offering and customers with a point-and-click affordable marketplace and single pane of glass insight across their organization’s entire supported software portfolio. R-Cloud represents a new era in data protection and recoverability for modern enterprises.”

“I’ve been following HYCU since its inception, and I’m impressed by the trajectory of the company and their capability to address key challenges in the application data protection landscape with an innovative approach,“ said Philippe Nicolas, Founder and Analyst, Coldago Research. “But, incremental evolutions won’t solve challenges in data protection for SaaS applications and something new is needed. HYCU realized this and the introduction of R-Cloud represents a significant change in closing the gap that exists between SaaS application adoption and protecting users’ data.”

“SaaS data protection has become a growing painpoint across organizations, especially with the rise of ransomware,” said Krista Macomber, Senior Analyst, Data Protection at Evaluator Group. “I see R-Cloud as a unique solution, providing a development platform to accelerate the ability of SaaS app providers to develop native backup and recovery capabilities, and then a marketplace to streamline adoption.”

“There is an increasingly concerning massive gap in the industry with numerous unprotected SaaS applications and services. This translates into substantially increased business risks and cybersecurity threats linked to unprotected data and exposure to IT departments” said Dan Molina, Co-President & CTO at Nth Generation. “By opening their technology and allowing SaaS companies, ISVs, and partners to write to HYCU R-Cloud, we see this as a significant catalyst in bridging the exposure and data protection gap. Along with the ability to visualize the entire data estate, this architectural enhancement will allow us to bring business-critical awareness to clients on what applications and data are unprotected, and at risk. We are excited to work with HYCU to further help our clients strengthen their security posture in our role as trusted advisors on IT, Cloud and cybersecurity solutions.”


Don Jennings
HYCU, Inc.

GlobeNewswire Distribution ID 8740479

WillScot Mobile Mini Completes Divestiture of UK Storage Business

PHOENIX, Feb. 01, 2023 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced it has completed the previously announced divestiture of its UK Storage segment to Algeco UK Holdings Limited, a member of the Modulaire Group, effective January 31, 2023. The Company received approximately $410 million from the sale, which will be used to support ongoing reinvestment in the Company’s core Modular and Storage operating segments and other capital allocation priorities. The UK Storage segment will be reported as discontinued operations in the Company’s Q4 2022 financial filings, and management will provide 2023 financial guidance excluding the UK Storage segment in the Q4 2022 earnings press release on February 21, 2023 and subsequent earnings conference call at 10 am ET on February 22, 2023.

Cleary Gottlieb Steen & Hamilton LLP acted as legal adviser to WillScot Mobile Mini.

About WillScot Mobile Mini

WillScot Mobile Mini trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible workspace and portable storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 240 branch locations and additional drop lots throughout the United States, Canada, and Mexico.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements (including the guidance/outlook contained herein) within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words “estimates,” “expects,” “anticipates,” “believes,” “forecasts,” “plans,” “intends,” “may,” “will,” “should,” “shall,” “outlook,” “guidance” and variations of these words and similar expressions identify forward-looking statements, which are generally not historical in nature. Certain of these forward-looking statements include statements relating to: our pipeline, acceleration of our run rate, acceleration toward and the timing of our achievement of our three-to-five-year milestones, growth and acceleration of cash flow, drive higher returns on invested capital, and Adjusted EBITDA margin expansion. Forward-looking statements are subject to a number of risks, uncertainties, assumptions and other important factors, many of which are outside our control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Although the Company believes that these forward-looking statements are based on reasonable assumptions, they are predictions and we can give no assurance that any such forward-looking statement will materialize. Important factors that may affect actual results or outcomes include, among others, our ability to acquire and integrate new assets and operations; our ability to achieve planned synergies related to acquisitions; our ability to successfully execute our growth strategy, manage growth and execute our business plan; our estimates of the size of the markets for our products; the rate and degree of market acceptance of our products; the success of other competing modular space and portable storage solutions that exist or may become available; rising costs and inflationary pressures adversely affecting our profitability; potential litigation involving our Company; general economic and market conditions impacting demand for our products and services and our ability to benefit from an inflationary environment; our ability to maintain an effective system of internal controls; and such other risks and uncertainties described in the periodic reports we file with the SEC from time to time (including our Form 10-K for the year ended December 31, 2021), which are available through the SEC’s EDGAR system at and on our website. Any forward-looking statement speaks only at the date which it is made, and the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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Jake Saylor

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GlobeNewswire Distribution ID 8740148

Pashinyan’s lastest statements remain on his conscience – Russian FM

BAKU, Azerbaijan, The latest statements by Armenian Prime Minister Nikol Pashinyan about Russia’s military presence in Armenia, not only not guaranteeing the security of the latter but, on the contrary, creating security threats for the republic, entirely remain on his own conscience, said Russian Foreign Minister Sergey Lavrov, Trend reports.


He made the remark during the opening of the conference “Russian-Azerbaijani relations in the 21st century: strategic partnership in the context of regional security” as part of the 3rd meeting of the Russia-Azerbaijan Expert Council in Baku.


In January of this year, Nikol Pashinyan stated that Russia’s military presence in Armenia not only does not guarantee the security of the latter but on the contrary, creates threats to the republic.


According to him, a conversation is underway with Russia about the role and significance of its military presence on the territory of the republic.


Source: TREND News Agency

Introducing Global Healthcare Cost Management Enhancements

New Frontier Group further propels global clients’ success

New Frontier Group Logo

New Frontier Group Logo

FOOTHILL RANCH, Calif., Feb. 01, 2023 (GLOBE NEWSWIRE) — New Frontier Group, a cost management leader in global healthcare, announced several product enhancements that solidify its continued commitment to industry transformation.

New Frontier Group has ramped investments and focused product development since 2020 with a future-looking lens on expanded global travel and changing international healthcare needs. Moving into 2023, the company continues to integrate enhancements that strengthen the company’s market position.

Enhanced solutions being rolled out include digital advancements that expedite accurate payments and new forms of provider reimbursements to expand savings, including:

  • Expedited claims payment through auto-adjudication technology
  • Value-based care programs through expanded, integrated provider relations
  • Fully coordinated care with global telehealth services

These solutions have been fully integrated with their existing product suite, including:

  • Worldwide cost management specialization
  • White glove global Rx service, distribution, and delivery
  • Tailored worldwide arbitration
  • Personalized patient care coordination

“We pride ourselves in ‘Always There, Global Healthcare’ by continuing to work closely with our provider, pharmacy, assistance company, and insurance partners who are leading the way in the market,” stated Gitte Bach, CEO of New Frontier Group. “We are proud to serve industry leaders, such as Charles Taylor Assistance, Trawick International, VIRSAG, and Global Benefits Group, plus many others. We have built partnerships with leading providers as well such as Aetna, United, First Health and others across the world to best serve this market in the collective. The pandemic did not slow our growth – it fueled our resources to build, build, build and prepare for the future. It is our team’s focus on the future and never settling with the status quo that gives us our loyal and long-standing client base.”

“We have a great partnership with New Frontier Group,” stated Jody Baker, Chief Executive at Charles Taylor Assistance, one of NFG’s many long-time clients. They always work with us to build a better system to support our continuous growth initiatives. Their service offering helps us bring the best programs to our members. Not only are they a stable force in this market, but they also stay up to date and look ahead with a focus on making the system work better for everyone.”

About New Frontier Group

New Frontier Group is a 20+-year cost management leader. The company is a woman business enterprise unrivaled for its range of solutions in international healthcare management and unbeatable in its hallmark customer and claim service. They are a front-line outsourcing partner and advocate for clients handling diverse healthcare travel portfolios.

For inquiries, contact CEO Gitte Bach: , (949) 429-7130


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Nicole Bonfiglio
Brand Manager

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