HMS Releases TimeControl Version 7.4.1 Including Numerous New Features

HMS Software, publishers of the TimeControl timesheet system have announced the release of TimeControl 7.4.1 which includes many new and enhanced features.

With every new evolution of TimeControl we reinvent the way companies manage their time.”

— Chris Vandersluis

MONTREAL, QUEBEC, CANADA, November 14, 2018 / — HMS Software, publishers of TimeControl, the world’s most flexible timesheet system has announced the release of TimeControl version 7.4.1. This is a major update to the TimeControl series including enhancements for TimeControl, TimeControl Online, TimeControl Industrial and the free TimeControl Mobile App.

“This release represents a major leap forward in functionality,” said HMS Software President Chris Vandersluis, noting that the updated interface for the TimeControl Mobile app – available to Google Play for Android device users and on the Apple Store for iOS users – allows users to create, view, edit and approve timesheet data, as well as perform historical searches, right from their phones or tablets. “With every new evolution of TimeControl we reinvent the way companies manage their time,” Vandersluis said.

Additional new features found in TimeControl 7.4.1 – a multi-function system that includes support for Time and Attendance, Time and Billing, Project Tracking, Human Resource Tracking, and Research Tax Credit Tracking – include:

• A unique new method of displaying charge codes that takes TimeControl’s support for hierarchical charge codes to a whole new level. This new functionality allows charge displays to be created with multiple definitions and allows users unparalleled flexibility of how the charge codes are displayed. For organizations with thousands or hundreds of thousands of possible charges, this functionality will be greatly welcomed.

• Major changes in the Application Programming Interface (API) makes it easier to integrate the TimeControl timesheet with other mission critical corporate systems such as Finance, ERP and Project Management. This allows the timesheet process to be seamlessly integrated into broader financial and human resource management processes.

• The TimeControl Mobile Application has been vastly extended with new functionality for reviewing and approving timesheets as well as auditable editing of past timesheets for users with the proper permissions.

“With nearly half of the total global workforce expected to be comprised of mobile employees by 2022 we place a high priority on our free TimeControl Mobile Application and our in-the-cloud subscription timesheet service,” explains Vandersluis. “the TimeControl Mobile App has been hugely popular since its release. It is available at no additional cost and links to a user’s regular TimeControl account.”

TimeControl version 7.4.1 is available for clients with a current support and maintenance agreement at no additional charge from the website. TimeControl Online users will be upgraded automatically in the coming weeks. Additional information about this release is available at

Storm Leutner
HMS Software
+1 514-695-8122
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Source: EIN Presswire

DOT Reasonable Suspicion Training Course by Safeguard’s DOT-Regulated Employers

The logo for logo has released a new version of its popular DOT reasonable suspicion training course which meets DOT regulatory requirements.

Our company helps employers fight the new synthetic opioids and the American opioid epidemic by providing supervisors the education necessary to identify drug misuse in the work place.”

— Andrew Easler, B.Ed

MELBOURNE, FLORIDA, USA, November 14, 2018 / — Easler Education, through its online training platform, has developed its most recent version of reasonable suspicion training in order to accommodate both DOT regulatory requirements and modern Congressional concerns over new synthetic opioids and the American opioid epidemic.

On October 24, 2018, the president signed the “Fighting Opioid Abuse in Transportation Act” into law as part of House bill H.R. 6. Among other priorities, this new law sets new deadlines for the Department of Health and Human Services and the Department of Transportation to act on prior Congressional requests for reports on important drug and alcohol testing amendments. Among these, Congress essentially wants to either (1) implement saliva and hair testing into federal testing programs; or (2) know why they shouldn’t.

Why the sudden urgency? In 2016 alone there were over 42,000 opioid overdose fatalities. That number is now estimated to be nearly 48,000 in 2018. President Trump has been working with Congress since his inauguration in 2016 to combat the opioid epidemic with a variety of different legislative efforts including reducing prescription dosages and limiting the use and prescription of potent synthetic opioids.

In a “special edition” announcement on November 9, 2018 the Federal Transit Administration (FTA) declared that, as a result of its 23% increase in reported employee positive drug results from 2013 to 2017 to above its 1% threshold, the FTA would be doubling the current rate of testing in its mandatory random testing pools from 25% to 50% of all of its covered employees.

As the opioid crisis grows, the DOT has worked overtime to adapt, including expanding its opioid panel in 2018 to encompass Codeine, Morphine, 6-AM (heroin), Hydrocodone, Hydromorphone, Oxycodone, and Oxymorphone. The DOT now must rely more heavily on its existing safeguards for the American public including pre-employment drug testing, random testing pools, post-accident testing, and reasonable suspicion testing.

For example, in the federal regulation 49 CFR Part 382.603 the Federal Motor Carrier Safety Administration requires supervisors be trained for at least 60 minutes in the signs and symptoms of controlled substance use and at least 60 minutes in the signs and symptoms of alcohol misuse. This particular regulation has been in force since 1994 and training companies have been drafting and implementing classes and materials for supervisors of employers who need to comply with this or similar legislation.

These regulations mention only “controlled substance use” and do not outline particular substances–this has the effect of giving the implementation and enforcement of this provision flexibility as the controlled substance environment in America changes and new substances come to market–including new, highly potent opioids. However, through all of this change, employers may be hard pressed to find training companies offering online, continuously updated supervisor training courses.

The reasonable suspicion training courses at not only comply with the DOT regulations, but also work to improve supervisor awareness and proficiency in determinations, effectively shoring up one important safeguard in the DOT arsenal for employers who utilize the online courses which now include reasonable suspicion training for all Schedule I-V Controlled Substances currently listed by the Drug Enforcement Administration.



James Timotny White
+1 888-390-5574
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DOT Reasonable Suspicion Training

Source: EIN Presswire

Think Silicon Completes Ambitious 2.5 Year Plan with the Successful Finalization of the EU Funded GPU-WEAR Project

This worthwhile effort required a multidisciplinary design methodology spanning circuits, architectural, compiler, and API-level power efficient techniques to work in a seamless fashion.”

— Dr. Georgios Keramidas CSO of Think Silicon and GPU-WEAR project lead

PATRAS, GREECE, November 15, 2018 / — Think Silicon, a leader in ultra-low power graphics IP technology, announced the completion of an ambitious 2.5 year plan with the culmination of an array of innovative ultra-low power Graphics-Processing-Unit (GPU) IP-technology, together with a complete ecosystem of development-tools. Key highlights for the company include filing 10 international patents (six granted, four pending) and extending the sales channel in Europe, North America, Taiwan and Japan. The impressive project goals, established in 2015, resulted in numerous exhibits at major trade events such as the International Consumer Electronics Show, Mobile World Congress, Embedded World and executive speaking opportunities at the Synopsys ARC Processor Summit, Linley Processor Conference 2017, HiPEAC 2018, DATE Conference, and many more.

“To reach a meaningful impact-level of ultra-low power consumption, required by Wearable, IoT and Embedded Display devices, represents a technological challenge”, says Dr. Georgios Keramidas CSO of Think Silicon and GPU-WEAR project lead. “This worthwhile effort required a multidisciplinary design methodology spanning circuits, architectural, compiler, and API-level power efficient techniques to work in a seamless fashion. We are very thankful for the support of the European Union’s ‘Horizon 2020’ Research and Innovation Programme.”

During the Horizon 2020 program, Think Silicon achieved a variety of technology achievements including:
● Holistic power reduction techniques
The main objective of the project was to develop holistic power reduction techniques by reducing power not only on ASICs (Chip) level, but also for the entire system (Display device). To achieve this, the company developed and implemented multiple techniques, such as value- memorization, new image/texture/z-buffer compression methods, smart clock gating, power gating, and adaptive backlighting.

● Transparent “display-aware” and “QoS-aware” graphics libraries
One of the biggest challenges that graphics application developers face is the lag of transparency accessing graphics libraries. Think Silicon implemented a “Run-time system” in the GPU driver as well as a QoS (Quality-of-Service) extension to graphics APIs. In addition, the cross-platform middleware GLOVE™ has been developed, which translates at runtime, OpenGL® ES / EGL calls and ESSL shaders to Vulkan® commands and SPIR-V Shader.

As an essential toolbox for developers to develop power-aware yet still high-performance software applications for Wearable, IoT and Embedded display devices, NEMA®|SDK is a complete ecosystem of tools providing the utmost access to the GPU hardware. The NEMA®|SDK tool-box is comprised of six tools: NEMA®|GFX-API, NEMA®|GUI-Builder, NEMA®|Bits, NEMA®|PIX-Presso, NEMA®|SHADER-Edit and GLOVE™.

● Heterogeneous GPU
NEMA®|tS (tiny-small) helps to achieve an optimal combination of power-performance load balancing.

Because Machine Learning and Deep Neural Networks (DNN) are complexity intensive models that require vast processing power, NEMA®|xNN was developed to address the 1000x gap (in terms of power and/or performance) compared to what competitive solutions offer.

Think Silicon has been recognized by global news outlets including Electronics Weekly, Packt, Microcontroller Tips, Programmable Web, the prestigious John Peddie Research and many more. Additional news about Think Silicon is available online at

This project has received funding from the European Union’s Horizon 2020 research and innovation program under grant agreement No 717850.

About Think Silicon:
Think Silicon S.A. is a privately held Limited Company located in: Patras/ Greece (HQ), Toronto/ Canada (Business Development & Marketing office), San Jose/CA, USA (Sales office), Cologne, Germany/EMEA region (Sales office), Taipei/TW (Sales office), Tokyo/JP (Sales office). Think Silicon is specialized in developing and licensing high-performance graphics and AI IP technology for ultra-low power and area limited digital mobile, wearable, embedded devices and IoT end-nodes for fabless semiconductor technology customers.
THINK SILICON, GLOVE and NEMA and combinations thereof, are registered trademarks of Think Silicon. Other names are for informational purposes only and may be trademarks of their respective owners.
Khronos™, EGL and Vulkan are trademarks or registered trademarks of The Khronos Group Inc. OpenGL is a registered trademark and the OpenGL ES logo are trademarks of Hewlett Packard Enterprise used under license by Khronos.

Georgia Protogerou
Think Silicon S.A.
email us here

Source: EIN Presswire

Sonic Boom Wellness announces new partnership with Boston-based Healbright

This partnership allows Healbright to integrate mental-wellness content with Sonic Boom’s proven track record of providing corporate wellness programs.

"Sonic Boom is the perfect partner for Healbright because of its commitment to the long-term wellbeing of their clients and ability to drive exceptionally high engagement rates of their programs." ”

— Bill Belanger,President, Healbright

BOSTON, MA, US, November 14, 2018 / — Healbright (, a firm offering hundreds of videos led by mental health professionals on a variety of practical mental-health topics, today announced the launch of a partnership with Sonic Boom Wellness (, a wellness-engagement vendor focusing on long-term behavior change by creating programs clients enjoy.
This partnership allows Healbright to integrate its cutting edge mental-wellness content with Sonic Boom’s proven track record of providing corporate wellness programs with high engagement. Healbright’s content seamlessly integrates into the Sonic Boom Platform to create a user experience that is fun and easy to use.

Moreover, the alliance provides a breadth of free mental-wellness content to all Sonic Boom clients and will offer an optional upgrade to clients desiring even more mental wellness, stress reduction, and mindfulness programs.

"We are excited to announce this partnership,” said Healbright President Bill Belanger. “Sonic Boom is the perfect partner for Healbright because of its commitment to the long-term wellbeing of their clients and ability to drive exceptionally high engagement rates of their programs."

“With such high demand for programs focused on stress, resilience, and emotional well-being, we’ve been evaluating partners who can complement our increasingly comprehensive program to meet the needs of our clients,” said Sonic Boom Wellness CEO Danna Korn. “Never ones to do things ‘like everyone else does’ Sonic Boom was looking for something different, more relatable and practical; we were thrilled to discover Healbright since, like Sonic Boom, Healbright is a trend-setter with content unlike anything we’ve seen with other vendors.”

Korn, noting that Sonic Boom is excited to offer Healbright’s proprietary content “that’s available seamlessly and at no additional cost to our members through our portal,” said Sonic Boom rarely partners with other vendors.

“But we know our clients will find tremendous value in the Healbright content, and we’re thrilled to bring this to market as an exclusive value-add for our client and their employees,” said Korn.

About Sonic Boom Wellness
Sonic Boom Wellness is the leading wellness-engagement vendor focused on driving long-term behavior change by creating programs people love and want to take part in. Sonic Boom’s comprehensive wellbeing platform fosters consistent, sustained engagement in daily health-habit improvement through social interactions, gamification, competition, cooperation, and praise/recognition – helping members improve their quality of life at work and beyond.

About Healbright
Healbright creates online mental wellness programs that provide the many benefits of therapy via home accessibility. Healbright’s expert mental health instructors educate users on methods to reduce stress, practice meditation, and become more effective in their relationships. Healbright offers its programs to both large and small organizations to make mental wellness accessible, affordable and stigma-free. For more information visit, or follow on Facebook, Twitter and Instagram.

Jim Farrell
PR First
+1 781-681-6616
email us here

Source: EIN Presswire

Torino Capital LLC appoints David Olson as Vice President

David will be based in Asuncion, Paraguay.

(Torino Capital LLC: USA Private Held Company )

We are very delighted to have Olson join our team. He brings unique combination of expertise and experience that we believe will supercharge our already fixed income presence and capabilities.”

— Victor Sierra, CEO of Torino Capital LLC.

NEW YORK, NY, UNITED STATES, November 14, 2018 / — U.S. based investment bank and broker-dealer Torino Capital LLC announced today the appointment of David Olson as Vice-President.

Olson will focus on expanding Torino’s portfolio of institutional clients by offering the firm’s unique view of frontier markets in Central and South America.

Olson has founded several successful startups in the physical commodities trading, finance and transportation business. He began his career in New York’s ABN AMRO’s Fixed Income EM sales desk, followed by a period in Deutsche Bank’s convertible bonds sales and trading team.

“We are very delighted to have Olson join our team. He brings unique combination of expertise and experience that we believe will supercharge our already fixed income presence and capabilities,” said Victor Sierra, CEO of Torino Capital LLC.

He added: “Over the past years, Paraguay has made significant steps in improving its economy. Economic reforms such as Inflation Targeting and Fiscal Responsibility have contributed to the general economic growth. Paraguay continues to work towards improving its economy consolidating its relationship with other South America partners.”

Olson has more than ten years of sales and trading experience in fixed income, convertible bonds and agricultural commodities in large international banks including ABN AMRO and Deutsche Bank. His business background began as he studied in University of Florida, where he majored in Business Administration and Finance.

"Strategically, Torino is a perfect fit given my previous experience. This is an extremely driven group with a strong knowledge base," David Olson said.

About Torino Capital LLC
Torino Capital LLC an SEC registered broker-dealer and a member of FINRA and SIPC. The company focuses on execution services for selected institutional investors and high-net-worth individuals. The firm, founded in 2011 by Victor Sierra, is committed to serving clients providing local market intelligence, information, unbiased analysis and competitive pricing.
For more information about Torino and its services, please visit:

Fabiano Borsato
Torino Capital LLC
+1 212-661-2400
email us here
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Source: EIN Presswire

WeConcile: The World’s First Relationship Restoration Application

ORCAS ISLAND, WASHINGTON, UNITED STATES, November 14, 2018 / — WeConcile® today announced the official release of it’s 24-level educational and experiential learning program designed to help partners successfully restore their relationships.

This program allows couples to gain access to a revolutionary system designed for its users to understand more about their own “relation-ability” within their relationships. Each level focuses partners on a specific aspect of learning and experiential learning tools they will need to successfully complete the program and sustain personal change for both parties.

“I created WeConcile® because I knew first-hand how painful relationship problems could be, and because I knew couples needed more help,” said Jennifer Lehr, Founder of WeConcile. “I wanted couples to have a path from disconnection and distress to the joy of support and connection and I knew this was possible.”

The WeConcile difference is that it's a self-help course designed for you and your partner to systematically reconcile your relationship through a step-by-step process – at your own pace.

“When couples reach the end of the WeConcile® Program, we expect that they will feel a greater sense of trust and closeness with their partner. They will understand how to communicate about their disagreements and will spend much less time feeling angry, sad or upset, and much more time feeling appreciation and gratitude for their partner. They will have gained tools and understanding they will use for the rest of their lives,” stated Lehr.

WeConcile® also provides Relationship Helper professionals with the WeConcile® Clinician Program™ as a free resource to guide your their clients through the relationship therapy.

To learn more about WeConcile, the WeConcile® Clinician Program™ or to book an interview with the founder, Jennifer Lehr, contact Kayla Rose at email,, or visit the website at

Kayla Rose
The PR Rose
+1 912-432-9055
email us here

Source: EIN Presswire

Betting Odds Released for Potential Oscars Hosts of 2019 Academy Awards

My wishful thinking for host would be Will Ferrell at +1100 odds. The show would be hilarious without having to rely on politics to try and draw some laughs.”

— Raphael Esparza

LAS VEGAS, NEVADA, UNITED_STATES, November 14, 2018 / — Famed expert sports handicapper Raphael Esparza continues to make a name for himself outside the realm of sports with his betting predictions covering events in the world of entertainment and pop culture.

Working in conjunction with MyBookie online sports book and Doc’s Sports Service as a recognized leader in sports handicapping, some of his recent prop bet predictions have covered the Mega Millions Lottery record-breaking jackpot as well as the next actor to play Batman. Recently, he posted his betting prediction for which personality from the world of entertainment will get the nod to host next year’s 91st Academy Awards set for Sunday, Feb. 24.

Esparza left no stone unturned with a grocery list of 22 possible choices, starting with Ellen DeGeneres as a +250 favorite and ending with Oprah Winfrey at long 500-1 betting odds. You could also place a bet on the Field at +900, but the odds posted at MyBookie for this prop did cover all the relevant players lining up to fill the role.

Interestingly enough, he did cross names such as Justin Timberlake, Julia Louis-Dreyfus, Billy Crystal, Melissa McCarthy, Whoopi Goldberg and Jerry Seinfeld off the list since they have already taken themselves out of the running, according to Hollywood rumors. Even though Jimmy Kimmel is listed as a +350 second-favorite after hosting the Oscars the past two years, Esparza highly doubts he will be back due to other rumors citing a heavy workload.

According to the expert handicapper, the Academy may be looking to go in a new direction to stay away from politically incorrect jokes. In a direct quote from the post he added, “My theory is that they should go with someone who is charismatic, a comedian, and someone who has connection in the move/television industry.”

He also went on to state, “I can guarantee everybody will agree with me to take politics out of the format. Let’s just laugh, cry, and have a good night watching who brings home the Oscar Trophy.”

As far as some actual picks, he is going chalk with Ellen DeGeneres as his top prediction given her ability to fit the bill after garnering some very high ratings for hosting the 2014 Academy Awards. If you are looking for a value pick at longer odds, Jimmy Fallon at +700 and Ricky Gervais at +1300 topped that list.

When asked about his personal choice to host the 2019 Oscars, Esparza mentioned, “My wishful thinking for host would be Will Ferrell at +1100 odds. The show would be hilarious without having to rely on politics to try and draw some laughs.”

Wade Moseman
Doc's Sports Service
email us here

Source: EIN Presswire

Titanium Real Estate Network Recently Won the Networking Leader Globe Award at the 3rd Annual World Harvest Gala

Networking Leader Globe Award is given to Rudy L. Kusuma as the Team Leader of the Company

LOS ANGELES, CALIFORNIA, UNITED STATES, November 14, 2018 / — Leading real estate company, Titanium Real Estate Network happily, shares the good news of the company recently winning the Network Leader Globe Award at the 3rd Annual World Harvest Gala Reporting & Fundraising Dinner Event. The event took places at the Courtyard Monrovia Hotel in Monrovia, California, Thursday, on November 8, 2018.

The Network Leader Globe Award is given to businesses dedicated to serving others and the community. Titanium Real Estate Network, which has been a partner of World Harvest in ending hunger, is honored to win this prestigious award. Their contribution and partnership with World Harvest through the years was what gave the real estate team the chance to receive the award.

According to Rudy L. Kusuma, the team’s mission and core values are aligned with the mission of World Harvest – to help people in need. World Harvest is committed to helping people with their programs always aimed to alleviate the causes and effects of poverty through a support to children’s education, disaster reliefs, and helping out in any way they can.

The Titanium Real Estate Network, particularly Rudy L. Kusuma’s team, has the same core values they follow – helping out their clients by assisting them during the real estate transaction. In addition, the Rudy L. Kusuma Home Selling Team is dedicated to giving back to the community. With that, the company has been partnering with World Harvest for at least 7 years.

They have been helped and supported World Harvest’s missions in helping kids and families out of poverty. Their support to World Harvest’s mission also included sponsoring a child, building watershed, and medical clinics, and many others. At the recently passed World Harvest Gala, the charitable efforts of Rudy L. Kusuma Home Selling Team garnered recognition and earned them quite a prestigious award.

Rudy L. Kusuma feels highly honored to be awarded and recognized for his team’s efforts as the driving force for the achievement of their partnership with World Harvest, local businesses, and customers as well. The team was able to support World Harvest’s missions with each referral of a client who is looking to make a move.
By helping those clients find the ideal property to buy while also assisting home sellers to make a sale, Rudy feels the company has a noble purpose. With each referral as well, they can help children and families in need. For this reason, the Rudy L. Kusuma Home Selling Team continuous to create the best strategies to help home buyers and sellers, while also advocating assistance for the less fortunate.

About Rudy L. Kusuma Home Selling Team:

Rudy L. Kusuma Home Selling Team is a premier real estate company providing their expertise to help clients in buying or selling a home. Every team member serves and provides information on the real estate process, helping to ensure a smooth real estate transaction. The real estate company is also a partner of World Harvest Organization in ending poverty.


For more information, please visit For inquiries, please call 626-789-0159 or send an email to

California Real Estate Broker License 01820322

TEAM NUVISION – Rudy L. Kusuma Home Selling Team
+1 626-789-0159
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Source: EIN Presswire

Announcement of Business Alliance between Uhuru and Hitachi Transport System

Uhuru Corporation

Hitachi Transport System

Business Alliance between Uhuru and Hitachi Transport System

MINATO-KU, TOKYO, JAPAN, November 14, 2018 / — Hitachi Transport System, Ltd. (“Hitachi Transport”, headquarters: Chuo-ku, Tokyo, President & CEO: Yasuo Nakatani) and Uhuru Corporation (“Uhuru”, headquarters: Minato-ku, Tokyo, President & CEO: Takashi Sonoda) hereby announce that the two companies have entered into a business alliance agreement aiming to strengthen logistics using technologies such as AI and IoT and to realize innovation by co-creation with various partners from beyond existing business and industry boundaries.

1.Reason and Purpose of the Business Alliance
Due to the advancement of globalization and expansion of the EC market, the accompanying increase in the level and diversity of customers’ needs are leading to higher expectation towards logistics companies. On the other hand, the environment surrounding the logistics industry faces a major transition period, with manpower shortage caused by declining birth rate and aging society. Under such circumstances, Hitachi Transport has been expanding its core business, 3PL (a comprehensive service in which a company’s logistics operation is entrusted to Hitachi Transport). At the same time, Hitachi Transport is promoting a new business concept, “LOGISTEED”, with the aim to expand the domain of co-creation beyond the existing business and industry boundaries and to bring about innovation.
*The concept of LOGISTEED consists of five elements; LOGISTICS, Exceed, Proceed, Succeed and Speed, all of which are essential for ushering logistics into a new business domain.

By providing an IoT solution, enebular®, that enables the development and operation of products and services that utilize IoT, Uhuru provides an environment where the entire IoT stack, from edge devices to cloud, can be utilized. By creating applications and solutions for clients in their IoT businesses and by making data utilization easier by seamless system integration, Uhuru continues its effort to bring about digital transformation at its clients and in society.

The two companies join hands and will work together with co-creation partners in various lines of business and industries to advance beyond the traditional area of logistics, overcome existing problems, and to carry out innovation as platformers that contribute to society by generating new markets.

2.Content of the Business Alliance
The main contents of this alliance are as follows:
(1)Intellectual Property strategy
Mutually providing knowledge and know-how on patent practice, jointly formulating and applying for patents, etc.
(2)Formation of business ecosystem
Formulation of a model partners can adopt for co-creation and formation of ecosystem in the alliance domain
(3)Joint PR and marketing activities
Jointly planning and implementing or PR, partner events and market seminars, etc.

3.Future Perspective
Through this alliance, we will promote optimization and automation of the supply chain as a whole, as well as creating an open platform that offers new value and services by utilizing all kinds of data generated in the process. Any additional information worthy of notice will be disclosed without delay.
*All names of companies, products and services mentioned in this news release are trademarks or registered trademarks of Uhuru Corporation or the respective companies or organizations.

Fumiko Fukuda
Branding & Communication Center
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Source: EIN Presswire Completes Successful London Fleet Insurance Pilot

By-the-moment pricing saves 20% on insurance costs for highly utilised taxi fleet.

LONDON, UNITED KINGDOM, November 14, 2018 / —, the stealth inshuretech startup developing by-the-moment risk-adjusted insurance pricing for highly utilised vehicles such as rideshare fleets has successfully completed a pilot with a London-based rideshare car leasing fleet.

The Rideshur platform collects real-time streaming telematics data and continuously adjusts the insurance premium cost based on the risk exposure at any given moment.

Rideshur will enable our insurance partners to sell on-demand insurance to fleets with fully utilised assets on a metered basis with the unit price being adjusted in real-time. The platform pricing model is flexible and units can be metered by either time or distance.

A new price is cut every 200 milliseconds and rates are varied depending on the state of the vehicle and the risk associated with the driving style of the driver as well as external conditions such as traffic, weather, road types and speed limits as well as fatigue, distraction and a proprietary "crash map" built by

Mark Musson, CEO said: "We ran an exercise of parallel pricing and proved a 15-20% cost savings even though the vehicles cover very high mileage. This proves our hypothesis that it is possible to develop new pricing models for fleets with vehicles that cover very high mileage and are traditionally rated on that fact alone. is now focussed on finalising insurance partnerships which are currently in negotiation and look forward to announcing the consortium to back our product shortly." is building a new type of insurance for the future mobility market and has developed a real-time risk pricing engine running in a blockchain smart-contract for intensively utilised fleets such as those leasing cars to rideshare drivers. For more information visit:

Mark Musson Ltd
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Source: EIN Presswire