2nd annual list recognizes 147 private
companies that put purpose before profit
Bright Machines, an innovator in software-defined manufacturing,
has been named to the Inc. 2021 Best in Business list, this year in
the manufacturing category. Inc.’s Best in Business Awards honor
companies that have gone above and beyond to make a positive
impact.
The list, which can be found in the Winter issue of Inc.
magazine (on newsstands December 14), recognizes small- and
medium-size privately held American businesses that have had an
outstanding influence on their communities, their industries, the
environment, or society as a whole.
“I’m proud to be named, for the second year in a row, to Inc.’s
Best in Business list for the work Bright Machines is doing to
rethink manufacturing. By delivering intelligent, software-first
solutions for industrial automation, we’re making it possible for
the industry to embrace a more flexible approach to manufacturing –
one that is more efficient, more scalable, and more resilient to
future supply chain disruptions,” said Amar Hanspal, CEO and
Co-Founder, Bright Machines. “At the heart of this recognition are
Bright Machines’ customers and our incredibly hard-working
team.”
Rather than relying on quantitative criteria tied to sales or
funding, Inc.’s editors reviewed the companies’ achievements over
the past year and noted how they made a positive difference in the
world. They then selected honorees in more than 49 different
industries – from finance to software to engineering to fashion,
and more – and in age-based and revenue-based categories. The
applicant pool was extremely competitive, with around 2,700 entries
and an acceptance rate in the low single digits – a huge success
for these honors in the list’s second year. Honorees for gold,
silver, bronze, and general excellence across industries and
categories are featured online at inc.com/best-in-business.
Scott Omelianuk, editor-in-chief of Inc., said, “What began for
us during the pandemic as an effort to showcase companies that were
helping the community has grown into a recognition of social,
environmental, and economic impact. The companies on this year’s
list are changemakers with heart – and they’re pouring the best of
their business into the people and communities around them.”
ABOUT INC. MEDIA
The world’s most trusted business-media brand, Inc. offers
entrepreneurs the knowledge, tools, connections, and community to
build great companies. Its award-winning multiplatform content
reaches more than 50 million people each month across various
channels, including websites, newsletters, social media, podcasts,
and print. Its prestigious Inc. 5000 list, produced every year
since 1982, analyzes company data to recognize the fastest-growing
privately held businesses in the United States. The global
recognition that comes with inclusion in the Inc. 5000 allows these
founders a chance to engage with their peers in an exclusive
community with the credibility to help drive sales and recruit
talent. The associated Inc. 5000 Conference is part of a highly
acclaimed portfolio of bespoke events produced by Inc. For more
information, visit www.inc.com.
ABOUT BRIGHT MACHINES
Headquartered in San Francisco, Bright Machines is a technology
company that is pioneering an innovative approach to intelligent,
software-defined manufacturing. It leverages computer vision,
machine learning, 3D simulation, and adaptive robotics to
fundamentally change the flexibility, scalability, and economics of
production. With more than 550 employees worldwide, Bright Machines
operates R&D centers in the U.S. and Israel, with additional
field operations in North America, Central America, Southeast Asia
and EMEA.
In May 2021, the Company entered into a definitive merger
agreement with SCVX (NYSE: SCVX), a special purpose acquisition
company, with the intent of becoming a publicly traded company.
Bright Machines is reimagining how products can be designed and
produced to address the realities of today and the future ahead.
Rethink everything you ever knew about manufacturing. Visit
www.brightmachines.com
Bright Machines® and the LOGO and Brightware® are registered
trademarks of Bright Machines, Inc.
Additional Information and Where to Find It
In connection with the proposed business combination, SCVX
intends to file a Registration Statement on Form S-4, including a
preliminary proxy statement/prospectus and a definitive proxy
statement/prospectus with the SEC. SCVX’s stockholders and other
interested persons are advised to read, when available, the
preliminary proxy statement/prospectus and the amendments thereto
and the definitive proxy statement/prospectus and documents
incorporated by reference therein filed in connection with the
proposed business combination, as these materials will contain
important information about Bright Machines, SCVX, and the proposed
business combination. When available, the definitive proxy
statement/prospectus and other relevant materials for the proposed
business combination will be mailed to stockholders of SCVX as of a
record date to be established for voting on the proposed business
combination. Stockholders will also be able to obtain copies of the
preliminary proxy statement/prospectus, the definitive proxy
statement/prospectus, and other documents filed with the SEC that
will be incorporated by reference therein, without charge, once
available, at the SEC’s website at www.sec.gov, or by directing a
request to: c/o Strategic Cyber Ventures, 1220 L St. NW, Suite
100-397, Washington, DC 20005.
Participants in the Solicitation
SCVX and Bright Machines and their respective directors and
executive officers may be considered participants in the
solicitation of proxies with respect to the potential transaction
described in this press release under the rules of the SEC.
Information about the directors and executive officers of SCVX is
set forth in SCVX’s Annual Report on Form 10-K filed with the SEC
pursuant to Section 13 of the Securities Exchange Act of 1934, as
amended, on April 6, 2021, and is available free of charge at the
SEC’s web site at www.sec.gov, or by directing a request to: c/o
Strategic Cyber Ventures, 1220 L St. NW, Suite 100-397, Washington,
DC 20005. Information regarding the persons who may, under the
rules of the SEC, be deemed participants in the solicitation of the
SCVX shareholders in connection with the potential transaction will
be set forth in the registration statement containing the
preliminary proxy statement/prospectus when it is filed with the
SEC. These documents can be obtained free of charge from the
sources indicated above.
No Offer or Solicitation
This press release shall not constitute a solicitation of a
proxy, consent, or authorization with respect to any securities or
in respect of the proposed business combination. This press release
shall also not constitute an offer to sell or the solicitation of
an offer to buy any securities, nor shall there be any sale of
securities in any states or jurisdictions in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
No offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act of 1933, as amended, or an exemption therefrom.
Forward Looking Statements
Certain statements herein may be considered forward-looking
statements. Forward-looking statements generally relate to future
events or SCVX’s or Bright Machines’ future financial or operating
performance. For example, statements about the expected timing of
the completion of the proposed business combination, the benefits
of the proposed business combination, the competitive environment,
and the expected future performance and market opportunities of
Bright Machines are forward-looking statements. In some cases, you
can identify forward-looking statements by terminology such as
“may”, “should”, “expect”, “intend”, “will”, “estimate”,
“anticipate”, “believe”, “predict”, “potential” or “continue”, or
the negatives of these terms or variations of them or similar
terminology. Such forward-looking statements are subject to risks,
uncertainties and other factors which could cause actual results to
differ materially from those expressed or implied by such forward
looking statements.
These forward-looking statements are based upon estimates and
assumptions that, while considered reasonable by SCVX and its
management, and Bright Machines and its management, as the case may
be, are inherently uncertain. Factors that may cause actual results
to differ materially from current expectations include, but are not
limited to: (1) the occurrence of any event, change or other
circumstances that could give rise to the termination of the merger
agreement; (2) the outcome of any legal proceedings that may be
instituted against SCVX, Bright Machines, the combined company or
others following the announcement of the proposed business
combination; (3) the inability to complete the proposed business
combination due to the failure to obtain approval of the
shareholders of SCVX or to satisfy other conditions to closing; (4)
changes to the proposed structure of the proposed business
combination that may be required or appropriate as a result of
applicable laws or regulations or as a condition to obtaining
regulatory approval of the proposed business combination; (5) the
ability to meet stock exchange listing standards at or following
the consummation of the proposed business combination; (6) the risk
that the proposed business combination disrupts current plans and
operations of Bright Machines as a result of the announcement and
consummation of the proposed business combination; (7) the ability
to recognize the anticipated benefits of the proposed business
combination, which may be affected by, among other things,
competition, the ability of the combined company to grow and manage
growth profitably, maintain relationships with customers and
suppliers and retain its management and key employees; (8) costs
related to the proposed business combination; (9) changes in
applicable laws or regulations; (10) the possibility that Bright
Machines or the combined company may be adversely affected by other
economic, business and/or competitive factors; and (11) other risks
and uncertainties set forth in the section entitled “Risk Factors”
and “Cautionary Note Regarding Forward-Looking Statements” in
SCVX’s Form 10-K for the year ended December 31, 2020, and which
will be set forth in the registration statement to be filed by SCVX
with the SEC in connection with the proposed business
combination.
Nothing herein should be regarded as a representation by any
person that the forward-looking statements set forth herein will be
achieved or that any of the contemplated results of such
forward-looking statements will be achieved. You should not place
undue reliance on forward-looking statements, which speak only as
of the date they are made. Neither SCVX nor Bright Machines
undertakes any duty to update these forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211207005301/en/
Justine Crosby, pr@brightmachines.com
SCVX (NYSE:SCVX)
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