Latest news with #GSASchedule
Business Wire
29-04-2025
- Business
- Business Wire
Mindbreeze Announces Continued Availability on the GSA Schedule Contract, Empowering Government Agencies with AI-Driven Knowledge Management
CHICAGO--(BUSINESS WIRE)--Mindbreeze Corporation, a leading global provider of AI-based knowledge management solutions, is pleased to announce the continued availability of its flagship solution, Mindbreeze InSpire, through the U.S. General Services Administration (GSA) Schedule Contract. The renewal of this contract solidifies Mindbreeze's commitment to supporting federal agencies with secure, scalable, and AI-powered knowledge management solutions. The GSA Schedule Contract (#47QTCA20D008P) remains valid through April 6, 2030. It enables U.S. government organizations to conveniently procure Mindbreeze's cutting-edge services and products through a streamlined, pre-approved procurement process. These schedules are vital in giving governments access to carefully vetted and accredited technologies at the federal, state, and municipal levels. 'Our continued inclusion on the GSA Schedule represents a strong vote of confidence in our technology and services,' said Daniel Fallmann, Founder and CEO of Mindbreeze. 'Often, government agencies face roadblocks regarding technological changes due to rules and regulations. We are proud to support government agencies in their mission-critical work by delivering solutions that unlock the value of information and enhance decision-making.' Mindbreeze solutions available through the GSA Schedule include: Mindbreeze InSpire Appliance and SaaS deployment options Premium Support Services (24/5 and 24/7) Implementation and Operation Services Certified Expert Training Programs Mindbreeze InSpire helps organizations analyze, understand, and organize their data through advanced artificial intelligence and machine learning capabilities. It turns information into actionable insight while maintaining compliance with the highest standards of security and reliability. About Mindbreeze Mindbreeze is a global leader in AI-powered enterprise intelligence, with headquarters in Europe and the U.S. Mindbreeze InSpire redefines how organizations access and utilize information. Powered by advanced AI, it transforms complex data into actionable insights, seamlessly connecting and analyzing information across systems. Unlike traditional solutions, our AI agents deliver hyper-relevant, context-aware insights tailored to unique business needs, enabling smarter, faster decision-making. With unmatched integration capabilities, data security, and automation at its core, Mindbreeze InSpire maximizes the value of your information ecosystem while driving innovation. Trusted by industry leaders and recognized for our cutting-edge technology, Mindbreeze leads the way in unlocking new dimensions of enterprise intelligence. Learn more at or follow us on LinkedIn and X @Mindbreeze.
Associated Press
14-03-2025
- Business
- Associated Press
VeeMost Technologies Expands Growth Strategy, Provides Update on FINRA Approval & Strategic Direction
RED BANK, NEW JERSEY, March 14, 2025 (GLOBE NEWSWIRE) -- VeeMost Technologies Inc. (OTC: $GDVM) is pleased to provide key updates on its strategic growth initiatives, government contracting progress, and corporate updates that reflect the company's commitment to delivering long-term value for shareholders. Strategic Decision to Prioritize Internal Growth Over Acquisition As part of its long-term growth strategy, VeeMost Technologies made a strategic decision to redirect funds originally earmarked for the acquisition of a Dallas-based company into strengthening the company's internal operations. After careful evaluation, we determined that proceeding with the acquisition was not in the best financial interest of VeeMost at this time. While the acquisition initially aligned with our expansion plans, further due diligence revealed challenges in securing favorable financing terms. Although we received offers for financing, a thorough review of the proposed terms revealed that they could have resulted in excessive shareholder dilution and unfavorable financing conditions. Many of these offers came from firms specializing in high-risk funding structures, which could have placed undue financial strain on the company and negatively impacted shareholder value. Rather than pursuing an acquisition under these terms, VeeMost made the strategic decision to reinvest capital into core growth areas, ensuring long-term value creation while protecting shareholder equity. While this particular acquisition was not the right fit at this time, VeeMost remains actively engaged in evaluating other strategic acquisition opportunities. The company continues to seek financially viable businesses that align with its growth strategy and can be acquired under terms that are fiscally responsible and beneficial to shareholders. Management remains committed to pursuing opportunities that strengthen VeeMost's market position while maintaining financial discipline and protecting long-term value. Instead, VeeMost channeled resources into high-growth areas, including: ✅Expanding government contracting capabilities by initiating the GSA Schedule approval process with Government Services Exchange (GSE) ✅Winning new E-Rate contracts, positioning the company for continued success in the education sector ✅Securing contracts with a company serving the defense sector, expanding its cybersecurity and IT solutions footprint ✅Forming new vendor partnerships with Vertiv, Nutanix, Lenovo, and more, enhancing its technology offerings ✅Marketing and positioning the newly launched VeeStore platform ( as a trusted technology store for organizations. This decision fortifies VeeMost's financial future while ensuring that resources are allocated toward revenue-generating initiatives that enhance shareholder value. FINRA Approval Process Nearing Completion VeeMost Technologies is also pleased to provide an update on its corporate restructuring process with FINRA. The company has worked diligently to resolve legacy SEC reporting gaps dating back to 2006, and other key requirements before FINRA could finalize the company name change, ticker change, and implementation of the newly approved CUSIP. With these compliance matters now largely addressed, VeeMost is in the final stages of securing FINRA approval. 'The process has been meticulous, but we are confident that we are now very close to completing this transition,' said Melvin Ejiogu, President of VeeMost Technologies. 'Once finalized, these changes will provide greater transparency, streamline trading access, and strengthen our standing in the public markets. This completion will also allow us to move forward with key board appointments as part of our broader corporate growth strategy.' Looking Ahead With a stronger financial foundation, new contracts in key sectors, and a pending FINRA approval that will bring corporate clarity, VeeMost Technologies is well-positioned for sustained growth. The company remains committed to: ✅ Expanding its government contracting business through the GSA Schedule process ✅ Securing more E-Rate contracts to support schools and educational institutions ✅ Strengthening its cybersecurity and IT services footprint through new strategic vendor partnerships ✅ Delivering shareholder value through smart financial decisions and targeted growth initiatives With newly secured contracts from a company serving the defense sector, VeeMost is further expanding its presence in government-focused IT solutions, reinforcing its ability to provide cutting-edge technology and security-driven services. The company appreciates the patience and support of its investors as it continues to execute on its long-term vision. Safe Harbor Statement This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words 'may,' 'will,' 'should,' 'plans,' 'expects,' 'anticipates,' 'continue,' 'estimates,' 'projects,' 'intends,' and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.
Associated Press
13-03-2025
- Business
- Associated Press
Edgecore Americas Networking Corporation Awarded GSA Schedule, Streamlining Federal Government Access to its Open Infrastructure Solutions
Edgecore Americas Networking Corporation, a leading provider of open networking and compute solutions, today announced it has been awarded the U.S. Federal Government GSA Schedule contract: (Number 47QTCA25D005Z). This prestigious award enables federal agencies to easily procure Edgecore's open infrastructure solutions using streamlined and pre-negotiated terms and conditions. The GSA Schedule, also known as a Multiple Award Schedule (MAS), is a long-term government-wide contract with firms like Edgecore that provides governmental agencies with simplified access to millions of products and services at fair and reasonable prices. By securing this schedule, Edgecore Americas Networking Corporation has demonstrated its commitment to meeting the rigorous standards of the federal government and its ability to provide high-quality and cost-effective open infrastructure solutions. 'We are thrilled to have been awarded the GSA Schedule,' said Mingshou Liu, President at Edgecore. 'This achievement signifies our dedication to serving the public sector and simplifies the procurement process for federal agencies seeking our innovative open infrastructure solutions in their campus, data center and AI projects. We look forward to partnering with government organizations to deliver impactful open infrastructure solutions that cost-effectively addresses their critical I.T. needs.' The GSA Schedule award allows federal agencies to: Access pre-negotiated pricing and terms: Ensuring best value and efficiency when looking to build out modern data center and AI Inferencing projects. Streamline the procurement process: Reducing administrative burden and reducing delays to better support required project timelines. Leverage a trusted and reliable vendor: Edgecore has undergone a thorough review and approval process which makes procurement easy. Obtain a wide range of open infrastructure solutions: Tailored to meet specific agency requirements. 'Edgecore has become the standard-bearer for Whitebox solutions and is well respected for its leadership solutions across the industry. This award not only demonstrates Edgecore's commitment to serving the public sector, but also significantly enhances our ability to deliver leadership solutions and drive I.T. success within the government,' said Scott Robohn, Consulting CTO at Carahsoft. 'With every facet of governmental spending being scrutinized at the exact moment in time that AI enabled applications are being adopted, having Edgecore on the GSA Schedule enables governmental agencies to address both.' Edgecore's GSA Schedule covers an extensive portfolio of I.T. related networking and computing equipment along with their associated support services. This comprehensive offering allows government agencies to easily find and acquire the I.T. solutions they need to achieve their next generation of I.T. capabilities while reducing overhead and streamlining new AI-related I.T. buildouts. The GSA Schedule facilitates the procurement process for our government clients, allowing them to access Edgecore's leadership open infrastructure solutions quickly and efficiently. With this GSA Schedule award, Edgecore has established itself as a trusted partner for federal agencies seeking innovative and cost-effective data center and AI Inferencing solutions. Edgecore Americas Networking Corporation is a wholly owned subsidiary of Accton Technology Corporation, the leading network ODM and supplier to large Enterprises and Service providers. Edgecore Networks delivers wired and wireless networking products and solutions through channel partners and system integrators worldwide for AI/ML, Cloud Data Center, Service Provider, Enterprise and SMB customers. Edgecore Networks is the leader in open networking providing a full line of open WiFi access points, packet transponders, virtual PON OLTs, cell site gateways, aggregation routers and 1G, 10G, 25G, 40G, 100G, 400G and 800G data center switches that offer choice of commercial and open-source NOS and SDN software. Lucille Lu SOURCE: Edgecore Americas Networking Corporation Copyright Business Wire 2025. PUB: 03/13/2025 11:00 AM/DISC: 03/13/2025 11:00 AM
