Latest news with #NiCE


Techday NZ
2 days ago
- Business
- Techday NZ
NiCE & AWS deepen AI partnership to power CX automation
NiCE has announced an expansion of its collaboration with Amazon Web Services (AWS) to drive intelligent automation through its CXone Mpower platform, introducing enhanced integration with various AWS artificial intelligence (AI) offerings. The collaboration aims to accelerate the deployment and scaling of AI-powered customer service solutions by combining NiCE's customer service automation expertise and interaction data with AWS's cloud and AI technology. The effort is focused on enabling end-to-end automation across enterprises using NiCE's CXone Mpower solution and AWS services like Amazon Bedrock, Amazon Q, and Amazon SageMaker. Expanded integration NiCE and AWS are integrating generative AI services across the CXone Mpower platform to enable automation throughout enterprise workflows. The initiative covers several use cases, including automated AI agent creation, intelligent workflow orchestration and real-time AI-supported guidance for employees. With the integration, Mpower Agents will allow businesses to deploy AI agents instantly and without coding or prompt engineering, tailored to each organisation's specific needs. Using Amazon Q index, these agents access the latest policy, product and case information for accurate responses. Training on rich customer experience data is enabled through Amazon SageMaker, ensuring continuous learning from best practices and high-performing interactions. The platform also features CXone Mpower Orchestrator, which integrates with Amazon Q Business to connect enterprise systems, applications and data. This functionality enables more personalised, seamless customer journeys by breaking down operational silos, delivering real-time decisions using the AWS Nova family of large language models for various objectives such as speed, accuracy and business impact. The CXone Mpower Copilot tool supports agents, supervisors and leaders with real-time AI-powered assistance, aiming to streamline tasks and support productivity. AWS's global infrastructure underpins this function, allowing deployments with low latency and high availability across different geographies. Leadership comments NiCE brings decades of deep customer service expertise, rich data and a proven AI-based foundation. AWS brings enhanced scale, infrastructure and generative AI innovation. Together, we're delivering enterprise-wide automation, turning vision into action across the front, middle and back office. Mpower Agents are just one example: AI-powered agents that deploy instantly, adapt in real time and operate with precision at scale. According to Barry Cooper, President of the CX Division at NiCE, the collaboration is designed to deliver broad automation and responsive AI agents that adjust and function efficiently at enterprise scale. Mila D'Antonio, Principal Analyst at Omdia, described the collaboration as an example of complementary capabilities, stating: "This collaboration is a textbook case of complementary strengths coming together: NiCE has the domain depth, the data, and the AI maturity in CX; AWS has the tools, infrastructure, and generative AI firepower. The result is innovation like Mpower Agents that are enterprise-ready, context-aware, and built to scale, delivering automation with both intelligence and impact." Customer reaction Taylor Mobley, Chief Revenue Officer at Bamboo Insurance commented on the partnership's impact: "This collaboration between NiCE and AWS is raising the bar for what's possible with AI in the enterprise. By combining deep expertise with powerful technology, it will help us move faster, work smarter, deliver more value across the board, and ultimately provide a better, more personalised experience for our customers." The director of customer experience at Vera Bradley, Susan Campbell, noted the partnership's ongoing evolution: "We're always excited to see the innovative things we can do with CXone Mpower... and we know CXone Mpower will evolve with us, so we can continue to improve the customer experience—even into the future. I feel like NiCE wants to make us a better version of ourselves. And there aren't a lot of other companies that really invest in thought leadership, especially around how AI will forever change the face of the contact center." AWS perspective Rohan Karmarkar, Managing Director, Partner Solution Architecture at AWS, said the partnership broadens the capabilities available to businesses: "At AWS, we're committed to providing the capabilities to help businesses with AI-powered transformations. By combining Amazon Bedrock, Amazon Q, and our Nova family of LLMs with NICE's CXone Mpower, we're enabling enterprises to deploy intelligent automation that's both powerful and purpose-built for real customer challenges. This collaboration with NICE demonstrates how AWS's generative AI capabilities can help accelerate innovation at scale across customer experience workflows." The announcement follows a trend among enterprise technology providers to incorporate generative AI features in customer experience platforms, seeking to streamline operations, improve accuracy, and personalise customer engagement through scalable technologies.
Yahoo
2 days ago
- Business
- Yahoo
Snowflake (NYSE:SNOW) Partners With Intapp To Enhance AI-Powered Deal Management
Snowflake has enjoyed a remarkable 34% price increase over the last quarter, buoyed by a series of impactful collaborations and initiatives. A key event was the strategic partnership with Intapp, enhancing data analytics solutions for advisory and legal firms. Further strengthening its market position, Snowflake entered partnerships with Acxiom for marketing data insights and NiCE to streamline customer service automation. The launch of Snowflake Openflow and enhancements in Cortex AI demonstrated the company's innovation drive. Despite volatility from geopolitical tensions, Snowflake's developments added significant weight to its upward trajectory amidst a generally flat market. You should learn about the 2 warning signs we've spotted with Snowflake. Outshine the giants: these 26 early-stage AI stocks could fund your retirement. Snowflake's recent partnerships and product innovations potentially bolster its market positioning, especially as it emphasizes AI-driven solutions. This aligns with its broader strategy to enhance product adoption and revenue streams. Over the past three years, Snowflake's total return for shareholders was 70.92%, offering a significant contrast to its recent short-term performance. Despite a three-year robust return, recent one-year data shows Snowflake outpaced the broader US IT industry by exceeding a 39.2% return. This momentum supports a positive longer-term outlook for Snowflake, projected to improve earnings margins despite current losses (US$1.4 billion). The emphasis on AI initiatives and collaborations is expected to propel revenue growth, albeit accompanying risks such as CFO transitions and product adoption uncertainties. Analysts forecast 18% annual revenue growth, driving expectations towards a US$195.17 price target—a 17.8% increase from the current US$160.35 share price. However, the stock appears priced above industry multiples, requiring careful consideration of these forecasts relative to share price movement expectations. Our valuation report unveils the possibility Snowflake's shares may be trading at a discount. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:SNOW. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio


Forbes
2 days ago
- Business
- Forbes
From Chatbots To Workbots: Why NiCE's AI Strategy Focuses On Execution
NiCE is betting that AI agents that complete tasks—not just conversations—will separate winners from pretenders in the enterprise AI race The artificial intelligence hype cycle has reached peak saturation, with technology vendors scrambling to slap "AI-powered" labels on everything from refrigerator recipe suggestions to chatbots that rely on simple keyword matching. Yet, for all the breathless marketing rhetoric, most business leaders are still waiting for AI that simplifies operations and improves data analysis. NiCE, a customer experience platform provider, is making a calculated bet that the next phase of enterprise AI won't be about making chatbots sound more human. The next wave of business outcomes will leverage AI agents that can navigate complex business processes from start to finish with minimal human intervention. NiCE's CEO, Scott Russell said, 'Optimizing knowledge is not just critical for AI to truly thrive in your environment, but it's also the key for transforming service from reactive to proactive, identifying opportunities to solve issues and predict future needs.' NiCE's recent product launches and strategic moves reveal a move toward enhanced automation and agentic AI. The first wave of enterprise AI focused primarily on making data more accessible through conversational interfaces—essentially putting a chat layer on top of existing applications and knowledge repositories. While this represented significant progress in democratizing data access, it only scratched the surface of AI's potential business value. Organizations could ask questions and get answers, but the burden of reasoning through complex decisions and taking action remained entirely on human operators. Going forward, technology vendors, such as NiCE, will use AI to deliver solutions that can reason through multifaceted problems and take semi or fully autonomous action. This evolution from conversational AI to agentic AI represents the difference between AI that informs and AI that performs. Agentic AI enhances a company's ability to analyze context, weigh multiple variables, make informed decisions based on key business performance indicators, and execute actions across interconnected systems. Traditional conversational AI helps a customer service representative find relevant information. Still, agentic AI can help a representative evaluate a customer's complete history more easily, assess risk factors, determine appropriate responses based on business rules, and automatically trigger the necessary workflows to resolve issues end-to-end. "There's a big difference between AI that talks and AI that gets things done," explains Barry Cooper, President of NiCE's CX Division. "While others are building agents that mimic conversations, we're building agents that fulfill customer needs—end to end." This distinction becomes crucial when examining NiCE's CXone Mpower Agents. Traditional AI chatbots had limited access to data, offered scripted responses, and were confined to specific areas of the business, such as front-office or back-office operations. NiCE's AI agent platform aim to break through these constraints by operating across the entire enterprise ecosystem—from initial customer contact through mid-office approvals to back-end fulfillment systems. Admittedly, Agentic AI is the AI buzzword of 2025, but early, well-scoped use cases show promise. Technology companies are increasingly working to streamline AI deployment as traditional approaches require extensive technical resources, custom development, and lengthy implementation cycles. NiCE's model simplifies AI agent creation while maintaining enterprise-grade sophistication through what they call vibe coding, allowing business users to tailor each agent's personality and communication style without requiring technical expertise. While the concept of vibe coding remains ill-defined, and its merits are hotly debated within the enterprise software community, there is a broad consensus around the underlying goal of making AI agents easier to code and deploy. The specific term matters less than the fundamental shift toward empowering business users to create and customize AI functionality without requiring deep technical expertise. In a rapidly evolving tech landscape, no single vendor can deliver everything an enterprise needs to succeed with AI, cloud, data, and digital transformation. Today, companies are no longer looking for isolated solutions—they need interconnected ecosystems. That's why strategic partnerships are essential. By working together, enterprise technology vendors can bridge data and function silos, improving workflows and accelerating innovation. Just as importantly, these alliances help enterprises extract greater value from existing technology investments by ensuring that new capabilities work in concert with the tools already in place. Over the past several months, NiCE has expanded its partnership with Amazon Web Services (AWS) and added ServiceNow and Snowflake to the mix. At Interactions 2025, NiCE announced an expanded collaboration with AWS, bringing together NiCE's domain expertise and rich interaction data with AWS's cloud infrastructure and generative AI services, including Amazon Bedrock, Amazon Q, and the Amazon Nova family of large language models. The partnership addresses some of the most pressing challenges facing enterprise AI deployments: fragmented workflows, disconnected data, and inconsistent global performance. The partnership focuses on three core pillars. First, content-aware automation ensures that AI-generated responses are highly relevant and context-specific. Using the Amazon Q Index, Mpower Agents are equipped with up-to-date business content—from product documentation to policy details and case histories—enabling them to respond accurately and confidently in real time. Second, the integration delivers enterprise-wide orchestration by bridging front, middle, and back-office operations. NiCE's CXone Mpower Orchestrator automates workflows across functional teams, while Amazon Q Business extends this reach into a broader set of enterprise applications—eliminating silos and streamlining complex processes. Additionally, global scalability is made possible through AWS's robust cloud infrastructure. With low-latency performance and high availability across regions, multinational organizations can deploy and scale AI-driven customer service experiences quickly and consistently around the world. NiCE's partnership strategy also extends beyond AWS to include other critical enterprise platforms, such as ServiceNow and Snowflake. NiCE's latest partnership with ServiceNow aims to eliminate long-standing service gaps by tightly integrating real-time customer engagement with enterprise workflow automation. Announced at ServiceNow's Knowledge 2025 event, the collaboration integrates NiCE's customer service platform with ServiceNow's AI and Customer Service Management (CSM) tools to streamline operations across the entire organization, from the front office to the back. The goal: fully automated customer service fulfillment. The combined solution routes inquiries based on sentiment, intent, and service-level agreements (SLAs)—bridging siloed departments to accelerate resolution times and enhance both customer and employee experiences. Role-based AI copilots assist agents and back-office teams with real-time insights and next-best actions, while continuous optimization tools flag issues and launch workflows automatically. These relationships provide access to complementary technologies and customer bases, allowing NiCE to integrate with the broader enterprise software ecosystem that companies rely on for operations, data management, and workflow automation. NiCE's strategic collaboration with Snowflake aims to unlock the full value of customer interaction data by making it accessible, secure, and actionable across the enterprise. By integrating Snowflake's AI Data Cloud with CXone Mpower, NICE can improve data sharing, breaking down silos that have traditionally limited the impact of customer insights. Snowflake serves as the backbone of the CXone Mpower data lake, centralizing interaction data and enriching it with information from other enterprise systems. This unified data foundation allows organizations to automate key processes—from billing to claims handling—while powering AI-driven analytics, dashboards, and decision-making. The result: faster fulfillment, greater accuracy, and a deeper, organization-wide understanding of the customer experience. Apparently, 2025 is the year of the brand refresh. The technology industry has witnessed updates from Five9, Google's G, Hitachi HPE, and Qualcomm's introduction of Dragonwing, alongside NiCE's own transformation. Every brand refresh has its own story to tell, but NiCE's new logo and marketing campaign represent more than a desire for fresh typography and color schemes. The rebrand indicates the company's strategic desire to expand its AI vision beyond the contact center to encompass its broader portfolio of finance and security solutions. The company describes the rebrand as positioning "NICE to empower brands to deliver AI-powered experiences that are proactive, human-centered and intuitive—whether connecting with customers, protecting communities or combatting financial crime." NiCE's solution involves partnering with actress Kristen Bell, who serves as the face of the company's "NiCE World" brand campaign. The initiative positions Bell as the "NiCEst Person in the World," NiCE said the campaign "builds on NiCE's reimagined brand, championing a future where AI isn't just intelligent – it's connected, intuitive and working behind the scenes to make life better. The enterprise AI market remains in flux, with new entrants and existing players continually repositioning themselves. NiCE's focus on domain expertise, integration depth, strategic partnerships, and automation suggests a company that understands both the technical and implementation requirements necessary for large-scale AI adoption. As enterprises increasingly demand AI that delivers results, NiCE's bet on fulfillment-focused automation may prove prescient. Of course, there's still the matter of cost and return on investment. Most companies struggle to understand and plan for the true product and operational costs of AI. Organizations need to work with their technology vendors to deploy well-scoped use case that deliver measurable return on investment, fast. The question isn't whether AI will transform customer experience—it's which companies will build AI that completes the transformation rather than just talking about it.
Yahoo
2 days ago
- Business
- Yahoo
NiCE Announces Elite Partners of the Year Awards at Interactions 2025, Driving Worldwide Acceleration of CX Automation
This year's honorees played a pivotal role in accelerating CXone Mpower adoption and scaling the impact of customer service automation globally HOBOKEN, N.J., June 18, 2025--(BUSINESS WIRE)--NiCE (Nasdaq: NICE) today announced the winners of the NiCE Elite Partners of the Year award at Interactions 2025, the industry's largest customer experience event, taking place in Las Vegas. The winning partners were recognized for their exceptional contributions to expanding CXone Mpower's global footprint, enabling more organizations to deliver connected, proactive and automated customer service. Selected for their commitment to deepening expertise through advanced certifications and delivering differentiated value to customers, the winners exemplify excellence in innovation, execution, and impact. The winners of the NiCE Elite Partners of the Year award are: Top Global System Integrator – For redefining customer service as a catalyst for proactive growth and delivering seamless, data-driven, and intuitive experiences at scale, the winner is Accenture. Top Technology Solution Distributor - For expanding the reach of NiCE's solutions by activating a robust network of technology advisors and accelerating momentum across the channel, the winner is Telarus. Top Carrier Communication Partner – For delivering the connectivity, reliability, and security essential to supporting AI-powered customer experiences at scale, the winner is Verizon. Top CALA Partner – For showcasing exceptional regional leadership and expertise in advancing CXone Mpower adoption throughout CALA and enabling enterprises to harness the power of next-generation CX automation, the winner is Betta. Top Canada Partner – For advancing CX innovation in the Canadian market through major infrastructure investments and market leadership in communications and media, the winner is Bell Canada. Top Public Sector Partner – For enabling government and public service agencies to transform workforce and HR operations through CXone Mpower-driven innovation, the winner is Deloitte GPS. Top Trusted Advisor – For serving as a strategic partner to clients navigating cloud, cybersecurity, and automation solutions, and helping organizations modernize and elevate the customer experience, the winner is Amplix. Top DEVone Partner – For redefining real-time collaboration by enabling businesses to instantly add co-browsing and collaborative capabilities to any digital experience and helping over 3,000 organizations streamline customer interactions, the winner is Surfly. Top Certified Implementation Partner – For delivering seamless CXone Mpower implementations with precision and speed, and helping enterprises across industries drive agility, resilience, and transformation through expert guidance and execution, the winner is Tech Mahindra. Top Technology Partner – For empowering innovation through globally trusted cloud infrastructure and enabling organizations to deploy AI-powered experiences at speed and scale, the winner is AWS. Barry Cooper, President, CX Division, NiCE, said, "CXone Mpower is setting a new global standard for AI-driven customer service. It's our partners who help bring this innovation to life, extending our reach, accelerating adoption, and driving measurable outcomes for businesses worldwide. We're proud to recognize this year's winners for their outstanding dedication, expertise, and role in reshaping the future of customer experience." About NiCENiCE (NASDAQ: NICE) is transforming the world with AI that puts people first. Our purpose-built AI-powered platforms automate engagements into proactive, safe, intelligent actions, empowering individuals and organizations to innovate and act, from interaction to resolution. Trusted by organizations throughout 150+ countries worldwide, NiCE's platforms are widely adopted across industries connecting people, systems, and workflows to work smarter at scale, elevating performance across the organization, delivering proven measurable outcomes. Trademark Note: NiCE and the NiCE logo are trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE's marks, please see: Forward-Looking StatementsThis press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Cooper, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the "Company"). In some cases, such forward-looking statements can be identified by terms such as "believe," "expect," "seek," "may," "will," "intend," "should," "project," "anticipate," "plan," "estimate," or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in general economic and business conditions; competition; successful execution of the Company's growth strategy; success and growth of the Company's cloud Software-as-a-Service business; rapid changes in technology and market requirements; the implementation of AI capabilities in certain products and services, decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties in making additional acquisitions or difficulties or effectively integrating acquired operations; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company's dependency on third-party cloud computing platform providers, hosting facilities and service partners; cyber security attacks or other security incidents; privacy concerns; changes in currency exchange rates and interest rates, the effects of additional tax liabilities resulting from our global operations, the effect of unexpected events or geo-political conditions, including those arising from political instability or armed conflict that may disrupt our business and the global economy; our ability to recruit and retain qualified personnel; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the "SEC"). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the SEC, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law. View source version on Contacts Corporate Media Contact Christopher Irwin-Dudek, +1 201 561 4442, media@ ET Investors Marty Cohen, +1 551 256 5354, ir@ ETOmri Arens, +972 3 763 0127, ir@ CET


Business Wire
2 days ago
- Business
- Business Wire
NiCE Announces Elite Partners of the Year Awards at Interactions 2025, Driving Worldwide Acceleration of CX Automation
BUSINESS WIRE)-- NiCE (Nasdaq: NICE) today announced the winners of the NiCE Elite Partners of the Year award at Interactions 2025, the industry's largest customer experience event, taking place in Las Vegas. The winning partners were recognized for their exceptional contributions to expanding CXone Mpower 's global footprint, enabling more organizations to deliver connected, proactive and automated customer service. Selected for their commitment to deepening expertise through advanced certifications and delivering differentiated value to customers, the winners exemplify excellence in innovation, execution, and impact. The winners of the NiCE Elite Partners of the Year award are: Top Global System Integrator – For redefining customer service as a catalyst for proactive growth and delivering seamless, data-driven, and intuitive experiences at scale, the winner is Accenture. Top Technology Solution Distributor - For expanding the reach of NiCE's solutions by activating a robust network of technology advisors and accelerating momentum across the channel, the winner is Telarus. Top Carrier Communication Partner – For delivering the connectivity, reliability, and security essential to supporting AI-powered customer experiences at scale, the winner is Verizon. Top CALA Partner – For showcasing exceptional regional leadership and expertise in advancing CXone Mpower adoption throughout CALA and enabling enterprises to harness the power of next-generation CX automation, the winner is Betta. Top Canada Partner – For advancing CX innovation in the Canadian market through major infrastructure investments and market leadership in communications and media, the winner is Bell Canada. Top Public Sector Partner – For enabling government and public service agencies to transform workforce and HR operations through CXone Mpower-driven innovation, the winner is Deloitte GPS. Top Trusted Advisor – For serving as a strategic partner to clients navigating cloud, cybersecurity, and automation solutions, and helping organizations modernize and elevate the customer experience, the winner is Amplix. Top DEVone Partner – For redefining real-time collaboration by enabling businesses to instantly add co-browsing and collaborative capabilities to any digital experience and helping over 3,000 organizations streamline customer interactions, the winner is Surfly. Top Certified Implementation Partner – For delivering seamless CXone Mpower implementations with precision and speed, and helping enterprises across industries drive agility, resilience, and transformation through expert guidance and execution, the winner is Tech Mahindra. Top Technology Partner – For empowering innovation through globally trusted cloud infrastructure and enabling organizations to deploy AI-powered experiences at speed and scale, the winner is AWS. Barry Cooper, President, CX Division, NiCE, said, "CXone Mpower is setting a new global standard for AI-driven customer service. It's our partners who help bring this innovation to life, extending our reach, accelerating adoption, and driving measurable outcomes for businesses worldwide. We're proud to recognize this year's winners for their outstanding dedication, expertise, and role in reshaping the future of customer experience.' About NiCE NiCE (NASDAQ: NICE) is transforming the world with AI that puts people first. Our purpose-built AI-powered platforms automate engagements into proactive, safe, intelligent actions, empowering individuals and organizations to innovate and act, from interaction to resolution. Trusted by organizations throughout 150+ countries worldwide, NiCE's platforms are widely adopted across industries connecting people, systems, and workflows to work smarter at scale, elevating performance across the organization, delivering proven measurable outcomes. Trademark Note: NiCE and the NiCE logo are trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE's marks, please see: Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Mr. Cooper, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the 'Company'). In some cases, such forward-looking statements can be identified by terms such as 'believe,' 'expect,' 'seek,' 'may,' 'will,' 'intend,' 'should,' 'project,' 'anticipate,' 'plan,' 'estimate,' or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in general economic and business conditions; competition; successful execution of the Company's growth strategy; success and growth of the Company's cloud Software-as-a-Service business; rapid changes in technology and market requirements; the implementation of AI capabilities in certain products and services, decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties in making additional acquisitions or difficulties or effectively integrating acquired operations; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company's dependency on third-party cloud computing platform providers, hosting facilities and service partners; cyber security attacks or other security incidents; privacy concerns; changes in currency exchange rates and interest rates, the effects of additional tax liabilities resulting from our global operations, the effect of unexpected events or geo-political conditions, including those arising from political instability or armed conflict that may disrupt our business and the global economy; our ability to recruit and retain qualified personnel; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the 'SEC'). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the SEC, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.