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  • Ciright ONE Ends Relationship with Stratos Technologies, Inc.

    September 30th, 2016
    In December 2015, The ONE Consortium LLC, an entity affiliated with Ciright ONE, entered into an Interim Customer Management agreement in principal with Stratos, Inc. to honor and fulfill all outstanding consumer and commercial orders.  

    Under this agreement, the Ciright team worked closely with Stratos leadership to provide consumer updates, sales support and issue replacement cards from the existing Stratos inventory.

    It is important to note that despite several reports from various publications, Ciright did not purchase any assets or equity in Stratos Technologies, Inc.

    “Unfortunately, the relationship between Ciright and Stratos has ended for two reasons.  The first is due to Stratos’ senior secured lender, Western Technology Investments and its affiliated entities, foreclosing on all assets of Stratos.  The second reason is Stratos’ failure to compensate Ciright its management and other fees for providing its services under the Agreement” said Joseph Callahan, CEO & Chairman of Ciright.

    Ciright ONE continues to focus on bringing its reprogrammable smartcard to market and has revised its technology roadmap to include multi-tenant EMV technology as well as its fitness wearable which includes payment integration.

    ABOUT CIRIGHT ONE LLC:  Ciright ONE LLC, an affiliate of Ciright, is a mobile technology solutions provider focused on simplifying everyday tasks for businesses and consumers. Ciright is headquartered in West Conshohocken, Pa., the “Liberty Valley.”  The ONE is a patented, programmable smart card with an embedded microprocessor, which can store all of a user’ s credit, debit, membership and rewards cards to consolidate and simplify their wallet. The ONE is highly secure, all user data is encrypted and stored on a secure network. The card is accepted everywhere that traditional credit and debit cards are accepted. The card works with a companion mobile app that allows for the user to easily manage all cards and data. For more information, visit www.GetMyOne.com    

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    EY announces Joseph Callahan named EY Entrepreneur Of The Year® 2016 Technology Award winner in Greater Philadelphia

    June 10th, 2016
    EY recently announced that CEO Joseph Callahan of The Ciright Companies is a finalist for the EY Entrepreneur Of The Year® 2016 Award in the Greater Philadelphia. The awards program, which is celebrating its 30th year, recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Callahan was selected as a finalist by a panel of independent judges. Award winners will be announced at a special gala on June 9th at the Terrace Ballroom, Pennsylvania Convention Center. “I am honored to be part of this group of EY finalists. I would not be receiving this award without the outstanding team of leaders within The Ciright Companies. With over 15 different brands, it’s important to know that you have forward-thinking people who share a common set of values and beliefs driving their individual businesses each day. It is what continues to make us successful.” The Ciright Companies is comprised of brands such as:

    • CH Medical: Offering advanced environmental sensor and patented exponential airflow technology to reduce infection rates in hospital operating rooms
    • FinGeniX: Stands at the forefront of three industry mega trends: Financial Technology, Social Investment Solutions, The Recasting of Distribution Intermediaries
    • ONE: A device that consolidates all credit, debit, loyalty, rewards and gift cards into ONE wearable or card shaped device
    • TriState HVAC Equipment, LLP: The regions dominate mechanical systems integration company providing the most advanced energy efficient systems commercial available.   

    Representatives of each company will be attending the June 9th Philadelphia event. About The Ciright Companies
    The Ciright Companies is an IoT and M2M technology organization specializing in advancing life. Its core offering is a general purpose technology platform applied to medical, construction, financial services or professional services organizations. It provides an efficient way to organize internal data and service clients. The model is self-service and interacts within an ecosystem that eliminates email disparity. The common thread throughout all Ciright companies is the core intellectual property which accelerates growth and increases business process efficiencies.
    Ciright’s goal is to empower others to make money by sharing our technology. All of our companies have a channel of distribution that incentivizes others to participate in a recurring revenue stream and help others decrease operational costs. Additionally, Ciright gives back to the community through donation of platform technology to areas schools and non for profits. To learn more visit http://www.Ciright.com About EY Entrepreneur Of The Year®


    EY Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.


    For More Information Contact:
    Julie Taylor, Media Relations
    Email: jtaylor(at)ciright(dot)com
    Phone (267) 879-9478

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    ONE Announces a Cutting Edge Solution for Consumers to Track & Spend Gift Card Balances

    February 10th, 2016
    Consumers spent some $130 billion on gift cards, while close to $1 billion went unused. Ciright ONE introduces a microprocessor smart card tied to a mobile wallet which includes functionality to track balances and rewards points.

    Conshohocken, PA (PRWEB) February 10, 2016

     Ciright ONE LLC ( http://www.getmyone.com) a technology leader in the payment industry space introduces a cutting edge solution for consumers to track and spend their gift card balances. According to a recent study, consumers spent some $130 billion on gift cards, while close to $1 billion went unused. Millennials made up a significant portion of the unused balances as 40% misplaced or lost a gift card before spending it.

    “This is a significant problem consumer’s face,” said Joseph Callahan, Ciright ONE Chairman and CEO. “It is extremely inconvenient to keep track of so many plastic cards and the balances associated with each. That is part of the reason why Ciright’s ONE card is such a needed and timely product to launch.” The ONE card paired with a mobile wallet simplifies the everyday tasks for consumers by consolidating all credit, debit, loyalty, membership and gift cards into one dynamic electronic card paired with a digital wallet so that the user will have the flexibility to pay with either the ONE card or their smartphone.
    Consumers can securely load gift cards via picture scan or card reader into their ONE digital mobile wallet and keep track of their balances. “Imagine being able to carry one card around in your pocket or traditional wallet,” says Callahan. “Think about being able to use your gift card as payment for a purchase and then being able to determine if you have any rewards points to use towards that same transaction, lowering your overall spend. It’s a win-win for the consumer.”

     Besides pairing with a smart card, what differentiates the ONE digital wallet from other gift card tracking apps currently on the market is the consumers’ ability to easily access all of their other forms of payment on the fly. ONE is currently accepting orders with an anticipated ship date of Spring 2016. Visit http://www.GetMyOne.com for more information.

    ABOUT CIRIGHT ONE LLC

    Ciright ONE LLC, an affiliate of Ciright, is a mobile technology solutions provider focused on simplifying everyday tasks for businesses and consumers. Ciright is headquartered in West Conshohocken, Pa., the “Liberty Valley.” The ONE is a patented, programmable smart card with an embedded microprocessor, which can store all of a user’s credit, debit, membership and rewards cards to consolidate and simplify their wallet. The ONE is highly secure, all user data is encrypted and stored on a secure network. The card is accepted everywhere that traditional credit and debit cards are accepted. The card works with a companion mobile app that allows for the user to easily manage all cards and data. This announcement follows significant milestones already achieved by Ciright ONE including the close of Series A financing, securing the rights to 14 industry patents, the acquisition of GONOW Technologies LLC and an agreement in principal with Stratos, Inc. to honor and fulfill all outstanding consumer and commercial orders.

    For more information, visit http://www.GetMyOne.com.
     
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    Dilworth Paxson Speaker Series: Ciright's CEO Joe Callahan

    February 3rd, 2016
    Ciright’s CEO, Joe Callahan, was guest speaker at Dilworth Paxson Speaker Series on Wednesday, February 3,  2016 in their Philadelphia office.  He passionately talked about Philadelphia and the rebirth of technology leadership in Liberty Valley.  The audience was engaged and asked endless thought provoking questions that created a great energy in the room.  Ciright's ONE card was a focus and created much buzz around the technology.  The event ended with Dilworth Paxson’s CEO, Ajay Raju, signing Ciright’s Declaration of Creativity with the symbolic City Hall and William Penn in the background.
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    Stratos Enters Into Agreement with Ciright ONE, LLC

    December 21st, 2015
    Ann Arbor, Michigan – December 21, 2015 – Stratos today announced it has signed an agreement in principal for Ciright ONE LLC (www.getmyone.com) to honor and fulfill all outstanding consumer and commercial orders, including BMW and Eastern Bank.

    Thiago Olson, Stratos CEO wants to clear up any misconceptions previously reported.

    “Our relationship with Ciright ONE will significantly enhance our opportunities to serve our members.  We have outlined a multi-step process in which Stratos customers will be transitioned to the Ciright ONE platform.  We do not anticipate any Stratos customers being without service.”

    Ciright ONE will continue to discuss details of a pending acquisition with Stratos and their stakeholders.


    ABOUT STRATOS

    Stratos is the creator of the award-winning Stratos Bluetooth Connected Card™, which empowers issuers with a new card offering that consolidates an unlimited number of loyalty, membership and gift cards into a single, smart, dynamic card -- digitizing the wallet. With patented security features and acceptance at more places than any other mobile payment offering, Stratos streamlines the payment experience and empowers cardholders to make better payment decisions.

    Merchants and issuers partnering with Stratos are able to strengthen loyalty and engagement with better data and improved communications to their customers without infrastructure change. Stratos was founded by Thiago Olson, Chris Bartenstein and Henry Balanon and is based out of Ann Arbor, Michigan. The company is funded by Toba Capital Partners, Western Technology Investment, Resonant Venture Partners and Hyde Park Venture Partners.

    For more information, visit www.stratoscard.com    

     
    ABOUT CIRIGHT ONE LLC

    Ciright ONE LLC, an affiliate of Ciright, is a mobile technology solutions provider focused on simplifying everyday tasks for businesses and consumers. Ciright is headquartered in West Conshohocken, Pa., the “Liberty Valley.”
     
    Its latest solution, the ONE all-in-one microprocessor electronic card, allows the user to consolidate all credit, debit, loyalty and gift cards into one dynamic electronic card along with a mobile wallet so that the user will have the flexibility to pay with either the ONE card or their smartphone. The platform allows the user to participate in customized promotional offers and rewards with a sponsoring bank or credit union, with the option to control the content received.

     


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