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MONTRÉAL, QC / ACCESSWIRE / December 20, 2024 / Valsoft Corporation Inc. ("Valsoft") , a Canadian company specializing in the acquisition and development of vertical market software businesses, has solidified its position as a leader in the local government software sector with the acquisitions of Keystone Information Systems ("Keystone") and Cott Systems ("Cott Systems"). These acquisitions mark a significant expansion of Valsoft's portfolio in the local government sector, enabling them to provide enhanced solutions to school boards, local governments, and other public-sector organizations. Founded in 1975, Keystone has earned a reputation as a trusted provider of enterprise-wide ERP (Enterprise Resource Planning) applications, for small and mid-sized public sector organizations. The functional depth and integration of its complete product suite simplifies complex tasks and interdepartmental workflows, enabling greater efficiency and productivity. "This acquisition is more than a transaction; it's an investment in Keystone's legacy," said Judson B. Van Dervort, Jr., President and CEO of Keystone Information Systems. "Joining Valsoft provides a secure foundation for Keystone's current and future customers and employees, through continued innovation and growth, ensuring we can exceed customer expectations and continue our positive impact on the communities we serve." Valsoft's acquisition of Keystone expands its growing portfolio in the local government sector, reinforcing its ability to support mission-critical services for public organizations. "We are thrilled to welcome Keystone to the Valsoft family," said Costa Tagalakis, Investment Partner at Valsoft. "Their longstanding reputation for excellence in serving local government and public-school sectors aligns perfectly with our strategy of delivering high-quality, impactful solutions. We're excited to continue supporting Keystone's existing customers while exploring new growth opportunities." Earlier this year, Valsoft also acquired Cott Systems, a leader in public records management with a history spanning over 135 years. Cott Systems provides solutions for managing and digitizing land and court records, enabling local governments to modernize operations while preserving their jurisdictions' historical integrity. Products like Resolution 3, VERDICT, and OIB offer local officials' comprehensive tools to streamline processes and serve their communities more effectively. "This acquisition of Cott Systems represents the next step in our ongoing efforts to innovate and simplify the records management process," said David Scheine, Portfolio Manager at Valsoft. "Cott's customer-centric approach and innovative solutions coupled with Valsoft's support and resources will enable us to accelerate Cott's vision of delivering secure, cloud-based, and user-friendly solutions that empower local government offices to serve their communities better." Both acquisitions position Valsoft as a leader in GovTech software solutions with an established offering to assist the local government and public records management sectors in navigating public sector regulations and compliance. Valsoft remains committed to supporting these businesses as they continue to grow, innovate, and enhance the services they provide to their communities. About Keystone Founded in 1975, Keystone is a trusted provider of enterprise-wide information management solutions for Municipal and County Governments and Public-School Districts in New Jersey, Pennsylvania, Virginia, North Carolina, Missouri, and Rhode Island. Known for its cost-effective and efficient software, Keystone's user-focused approach helps smaller and mid-sized organizations optimize operations and exceed stakeholder expectations. For more information, visit www.keyinfosys.com . About Cott Systems Cott Systems has been an innovator in public records management since 1888, providing trusted technology solutions that preserve and protect public records while empowering local governments to serve their constituents more effectively. From land record management systems like Resolution 3 to comprehensive criminal and civil court case management tools like VERDICT, to online digitalization products like OIB, Cott Systems' products and services enable local officials to modernize their operations and safeguard their jurisdiction's rich history. For more information: https://cottsystems.com About Valsoft Valsoft acquires and develops vertical market software companies that deliver mission-critical solutions. A key tenet of Valsoft's philosophy is to invest in established businesses and foster an entrepreneurial environment that shapes a company into a leader in its respective industry. Unlike private equity and VC firms, Valsoft does not have a predefined investment horizon and looks to buy, hold, and create value through long-term partnerships with existing management and customers. Learn more at www.valsoftcorp.com For the Keystone Information Systems acquisition, Valsoft was represented internally by David Felicissimo (General Counsel) and Pamela Romero (Senior Corporate Paralegal). Keystone Information Systems was represented by Rosenbloom Law Group LLC. For the Cott Information Systems acquisition, Valsoft was represented internally by David Felicissimo (General Counsel), Ambra Del Busso (Legal Counsel), and Elisa Marcon (Senior Corporate Paralegal). Cott Information Systems was represented by Dinsmore & Shohl LLP. Media contact information: Communications and Public Relations Valsoft Corporation communication@valsoftcorp.com SOURCE: Valsoft Corp View the original on accesswire.com Copyright 2024 ACCESSWIRE. All Rights Reserved.
VERONA — New York Farm Bureau attracted a record-breaking 400-plus attendees and nearly 70 sponsors to its state Annual Convention in Verona, held Dec. 3-5. This was the 68th annual meeting of the organization. The theme for this year’s convention, “Farming Forward: Diversification, Innovation, Leadership,” brought together members, agribusinesses and thought leaders to share new technology, learn ways to farm smarter, promote the agricultural industry and more. The event included nine educational workshops that focused on zoning, permits and assessments; changes in predictive weather science; advocating for agriculture; thriving through diversification; harnessing digital technologies; adaptive leadership in agriculture; adapting a systems approach to farm performance; diversifying the market with Farm to School; and ensuring fire safety. “The theme of this year’s convention, ‘Farming Forward,’ is critical to everything we do. We must embrace change to remain successful,” said New York Farm Bureau President David Fisher. “That means fostering relationships with our agricultural partners, with the business community, with state legislators and with federal lawmakers. In this way, we bring everyone together to formulate policy, which is the cornerstone of our organization.” Larry Weaver, a comedian, author and motivational speaker, was the keynote speaker. Weaver underscored the importance of hope in the world of farming, peppering his address with personal anecdotes and positive messaging. In addition, Kathleen Chiavetta, chief operating officer of Chiavetta Catering and Chicken BBQ in Angola, delivered a passionate member story. A cornhole tournament and “Family Feud”-style game called Field-to-Fork provided lively entertainment. At the awards banquet Wednesday night, two members received the Distinguished Service to Agriculture Award, New York Farm Bureau’s highest honor, and two members received the James Quinn Memorial Award. Robert Somers and Judi Whittaker were the winners of the Distinguished Service to Agriculture Awards. Somers, who had worked for the Department of Agriculture and Markets for almost 30 years before his retirement, resides in Washington County, where he manages his family’s large woodlot. Commissioner of Agriculture and Markets Richard Ball presented the award. Whittaker, a third-generation owner of Whittaker Farms in Broome County, has been instrumental in advocating for safety measures for farmers, including the passage of legislation allowing New York air ambulances to carry lifesaving blood products. New York Farm Bureau Vice President Eric Ooms presented the award. The James Quinn Award was named after the first Farm Bureau president in the country, who hailed from Broome County. Awards were presented to Barb Hanselman of Delaware County, a staunch advocate for farmers who has successfully challenged restrictive regulations, and Star Bashaw of Franklin County, who focuses on safety training for farmers. Two New York Farm Bureau members, Eric Ooms and Tony LaPierre, were honored for their years of dedicated service as they step down from the board of directors. Ooms has served as vice president since 2008, while LaPierre has served as a board member since 2017. The banquet wrapped up with the announcement of the winners of two prizes, awarded to the top points earners in an interactive app. Lawana Morse was the winner of a Champion Power Equipment portable inverter generator, and Daniel Brenner was the winner of a Klein Tools flashlight and a gift basket of Farm Bureau merch. Both prizes were provided by Grainger. The convention concluded with the state Annual Meeting, a full day of elections and policy review. David Fisher was reelected president, while Kim Skellie was elected vice president upon the retirement of Eric Ooms. On the state board of directors, two new members were elected: Ryan Akin of Canandaigua, Ontario County (District 3) and Michael Murphy of Franklin County (District 7). Bill Zalakar was reelected as chair of the Promotion & Education Committee, and Rich De Meyer was reelected as chair of Young Famers & Ranchers Committee. Delegates from 52 county Farm Bureaus engaged in robust discussions of a variety of new policies, including issues related to maple, dairy, equine, labor and renewable energy. Delegates voted on policy positions that New York Farm Bureau will advocate for at the state and federal levels. The organization’s state legislative priorities will be released in January.
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Inquirer files MANILA, Philippines — President Marcos has designated a community mall in Antipolo City in Rizal province as a special economic zone (ecozone) to help attract investors to the outskirts of the congested National Capital Region. Proclamation No. 752, signed on Nov. 22, declared Xentromall Antipolo and the parcels of land that it stands on in Barangay Mambugan, Antipolo City, as an information technology (IT) center as recommended by the Philippine Economic Zone Authority (Peza). The declaration for the special ecozone will cover the 27,622.18-square-meter (sqm) floor area of Xentromall Antipolo, as well as its 10,898-sqm lot area. READ: Marcos approves 2 more ecozones This will entitle IT companies locating in the mall to various tax and other fiscal incentives, such as income tax-holidays granted to ecozone locators to bring down their operating costs. It will be the second special ecozone in Antipolo after the SMMS IT Center, which was declared a Peza-accredited IT center by Proclamation No. 567 issued on March 26, 2013. Xentromall Antipolo is targeting a number of business process outsourcing firms to set up operations in the mall. It is a three-story community mall along Sumulong Highway that is operated by XRC Resources, which in turn is owned by proprietors Alex and Aida Cruz. The community complex opened in 2018 and is patterned after strip malls in the United States. Other Xentromalls are found in other towns of Rizal such as Morong, Angono, Tanay, Taytay, Binangonan and Montalban. The creation of the special ecozone in Antipolo is provided under Republic Act No. 7916, or the 1995 Special Economic Zone Act. The law sought to spur economic growth through the development of special ecozones, which are select areas that are agro-industrial; tourist or recreational; commercial banking, investment and financial centers, or have the potential to be developed into such hubs. These special ecozones are usually stand-alone buildings and are different from the regular ecozones or sprawling complexes containing industrial estates, export processing zones, free trade zones, and large tourist or recreational centers. Examples of these special ecozones are RCBC Plaza on Ayala Avenue and Pacific Star building on Makati Avenue, both in the city of Makati, Market! Market! in Bonifacio Global City, and Riverbanks Center in Marikina City. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . As of June 30 this year, Peza has registered 426 ecozones across the country, the majority of them special ecozones.
Govt mocks ‘fleeing’ Gandapur, Bushra, claims D-Chowk cleared; PTI derides ‘fake news’MEDIA KIT: DFC's 5th Anniversary Conference WASHINGTON , Dec. 9, 2024 /PRNewswire/ -- The U.S. International Development Finance Corporation marked today its 5 th anniversary at a conference highlighting a remarkable record of achievement since its creation by the U.S. Congress in 2019 through the bipartisan Better Utilization of Investments Leading to Development (BUILD) Act. Over the past five years, DFC's overall active portfolio has reached nearly $50 billion across 114 countries, directly impacting over 200 million people and businesses. "Over the past five years, DFC has fulfilled the vision of the BUILD Act's authors – to build a modern development finance institution that advances the development and foreign policy objectives of the United States by mobilizing capital to high-quality and high-standard private sector transactions in the developing world," said DFC CEO Scott Nathan . "With bipartisan support, we've built an organization that has the capacity to pursue transactions that advance U.S. interests and create opportunity for people around the world. I couldn't be more proud of what the DFC team has achieved." Speakers at the conference included Secretary of State Antony Blinken , U.S. National Security Advisor Jake Sullivan , USAID Administrator Samantha Power , Chief Minister of Sierra Leone David Moinina Sengeh, as well as other global leaders and members of Congress. Since its founding, America's development bank has made significant strides in supporting the mobilization of capital through the private sector to address critical global challenges and deliver lasting developmental and strategic outcomes. DFC has built on the legacy of its predecessors, the Overseas Private Investment Corporation (OPIC) and USAID's Development Credit Authority, to become an efficient and effective mechanism for mobilizing private sector investment across the developing world. DFC's achievements over the past five years include: Unprecedented growth in annual commitments: In FY2024 alone, DFC committed over $12 billion , more than doubling annual commitments from DFC's first year. Doubling strategic transactions: DFC more than doubled the number of transactions committed annually since FY2020, growing to 181 transactions in FY2024. Expanding regional investments: DFC's investments span more than $13 billion in Sub-Saharan Africa, $11 billion in the Western Hemisphere, $9 billion in Europe and Central Asia , $8.5 billion in the Indo-Pacific, and nearly $4 billion in the Middle East and North Africa , with an additional $3.5 billion invested across multiple regions. Boosting global presence: DFC has strengthened its regional presence through offices in the Dominican Republic , Brazil , South Africa , India , Thailand , Singapore , and Indonesia , enabling greater impact in key regions and sectors. DFC is driving measurable impact worldwide: Bolstering food security: Supported 1.7 million smallholder farmers. Improving critical infrastructure: Transported 64.9 million passengers via roadways, airports, and railways. Expanding access to health services: Delivered healthcare services to 44.8 million people globally. Fueling small business growth: Supported nearly 6.1 million micro-, small-, and medium-sized enterprises. Providing clean water: Delivered over 320,000 metric tons of clean water – enough to sustain more than 31,600 people for an entire year. Bridging the digital divide: Connected over 131,000 households and individuals to the internet and built more than 70 cell towers in underserved communities. DFC has expanded its portfolio through strategic transactions supporting high-quality infrastructure, access to secure and reliable energy, improved healthcare and food security, and sustainable economic development. A small sample includes: Building resilient infrastructure: $553 million in DFC financing is supporting the upgrade and operation of the Lobito Railroad , strengthening a critical trade route between the Democratic Republic of the Congo and Angola . Securing critical minerals: DFC's equity investments in TechMet are supporting diverse, resilient critical mineral supply chains with expanded capacity in Brazil and South Africa . Powering energy security: DFC's up to $412 million commitment to provide financing and political risk insurance will support the construction and operation of a new 105MW power plant by CECA SL Generation Limited in Freetown, Sierra Leone , the first utility-scale independent power project in the country. Expanding vaccine manufacturing: DFC's $15 million loan to Institut Pasteur de Dakar's wholly owned subsidiary VaxSen SASU will help finance a new vaccine manufacturing plant in Senegal , increasing local production capacity in Africa for routine childhood vaccines and emerging diseases and epidemics. Mobilizing capital for small businesses: DFC's $100 million loan to Tien Phong Commercial Joint Stock Bank in Vietnam will expand the Bank's digital financing to underserved small businesses in Vietnam . Transforming agriculture: A DFC loan is supporting Kentegra's construction of an organic fertilizer processing plant in Kenya to satisfy increasing demand. Bolstering healthcare: DFC's $25 million in political risk insurance for the Superhumans Center will support the hospital's efforts to provide critical healthcare for war trauma survivors in Ukraine . Through bold action and a commitment to innovation, DFC has firmly established itself as a cornerstone of U.S. foreign policy, driving private sector solutions that tackle the world's most pressing development challenges. Looking ahead, DFC remains dedicated to expanding its impact and delivering transformative results for communities worldwide. The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, infrastructure, agriculture, and small business and financial services. DFC investments adhere to high standards and respect the environment, human rights, and worker rights. SOURCE U.S. International Development Finance Corporation
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