Friday, November 20, 2015

Red Hat Drives Networking, Linux Container Innovation in Latest Version of Red Hat Enterprise Linux 7

RALEIGH, N.C. -- Red Hat, Inc. (NYSE:RHT), the world's leading provider of open source solutions, today announced the general availability of Red Hat Enterprise Linux 7.2, the latest release of Red Hat Enterprise Linux 7. Red Hat Enterprise Linux 7.2 continues Red Hat's goal of redefining the enterprise operating system by providing a trusted path towards the future of information technology without compromising the needs of the modern enterprise.

nCino’s Bank Operating System To Be Used by Bank of the West

WILMINGTON, N.C. -- nCino, the leader in cloud banking, today announced that Bank of the West has implemented the Bank Operating System for its commercial banking loan origination process. nCino’s Bank Operating System combines a 360-degree view of the commercial loan relationship and loan origination process in a single, secure cloud-based platform. Financial institutions use nCino to automate and simplify lending processes, as well as to gain more clarity into their loan production and portfolio performance.

SCOR Global Life Releases Velogica® Version 4

CHARLOTTE, N.C. -- SCOR Global Life announced the release of Version 4 of Velogica, its automated underwriting platform for point-of-sale life insurance transactions. The new version further facilitates the evolution of non-fluid underwriting, a movement that is transforming the way life insurance is bought and sold. Announces Appointment of Liz Verrier as General Counsel

CHARLOTTE, N.C. & NEW YORK, N.Y. --, a leading Lending-as-a-Service platform, today announced the appointment of Liz Verrier as General Counsel. Liz is the firm’s chief legal officer. She will be responsible for providing legal guidance to’s board of directors and senior management, and will oversee all legal and compliance matters for the company. She is also a member of the firm’s Executive Committee.

Heatworks MODEL 1X to Provide More Hot Water from Existing Tanks

CHARLESTON, S.C. -- Heatworks, the creator of a revolutionary water heating technology, announced today the launch of the MODEL 1X, the perfect solution for homeowners who want more hot water or are seeking to reduce the cost and space challenges created by new Department of Energy regulations for water heaters. The MODEL 1X is the perfect complement to any tank-type water heating system in the world.

Prescolite Adds 5” Square and Drop Glass LiteBox Surface Mount LED Downlights to Product Portfolio

GREENVILLE, S.C. -- Hubbell Lighting, a world leader in lighting innovation, announced today that Prescolite has added two new trims to the brand’s 5” LiteBox Surface Mount (LBSQ5LEDA-square, LBS5LEDA DG-drop glass) LED product line. Installing directly to a standard J-box, the 5” LiteBox Surface Mount fixture is the perfect alternative to recessed products in settings where plenum height is challenging or where fire codes restrict the use of recessed fixtures. Prescolite also announced today that it has added DMX dimming to its LF series LED downlight family.

Wisconsin Employers Unlock the Power of Data with BENEFITFOCUS® Advanced Analytics

CHARLESTON, S.C. -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading provider of cloud-based benefits management software, today announced that the MEI Employer Coalition of Southeastern Wisconsin has arranged for each of its member organizations to purchase BENEFITFOCUS® Advanced Analytics to help evaluate more effective benefits strategies and control health care spending. With easy-to-use tools that provide a variety of on-demand health care data metrics, 10 Wisconsin-based employers – representing more than 10,000 employees – will be able to better understand historical health care costs and employee benefit utilization, and help predict future costs.

Wednesday, November 18, 2015

General Information Services Expanding Midlands Operations

COLUMBIA, S.C. -- General Information Services, Inc. (GIS), one of the most experienced and largest background screening providers in the nation, is expanding its Midlands operations with a new facility in Richland County. The company is investing more than $2.7 million in the new facility, which will complement the firm’s existing Lexington County corporate headquarters. The expansion is expected to generate 91 new jobs over the next five years.

Silcotech Carolina Announces Additional Investment in York County Operations

COLUMBIA, S.C. -- Silcotech, a global leader in liquid injection molding, has celebrated the grand opening of its York County operations and has also announced an additional $2.5 million investment in the facility. In production since January 2015, Silcotech’s York County facility, which represents the company’s first in the U.S., produces precision silicone parts. This additional $2.5 million investment adds to an initial $3.5 million investment, which the company announced in August 2013. Currently, approximately 42 workers are employed at the facility.