Connect with us

Press Release

Eklavya Asset Managers Maintains Regulatory Compliance Amid Unresolved Public Misunderstandings

Published

on

Despite no regulatory action taken and its financial license remaining active, Eklavya Asset Managers continues to face reputational fallout after a now-removed notice on the FSCA website prompted third-party reporting. The firm seeks public clarification to resolve confusion from outdated content.

Eklavya Asset Managers, a licensed South African financial services provider (FSP 45583), confirms it has remained fully compliant and operational following a review initiated by the Financial Sector Conduct Authority (FSCA) in November 2024. Despite no sanctions or regulatory action, the firm continues to experience reputational damage due to public speculation.

The review, part of standard regulatory oversight, focused on Eklavya’s operations and its trading platform, SolisMarkets. Eklavya cooperated fully throughout the process. Since the conclusion of the inquiry, no enforcement steps, warnings, or penalties have been issued against the company or its affiliates. Eklavya’s FSCA license remains active and in good standing.

An initial statement referencing the review appeared briefly on the FSCA’s website in 2024 but was later removed. However, content based on that initial notice, including a widely circulated article published by compliance platform Moonstone titled “FSCA Investigating Solis Markets Following Complaints from Investors,” remains publicly available without context or closure. The company says this has caused ongoing reputational confusion and unjustified concern among clients and partners.

“Our clients deserve clarity,” said Dustan Cornelissen, Managing Director of Eklavya. “We welcomed the review and answered every inquiry. We’re now asking for the same transparency in return. If no wrongdoing was found and no action was taken, the record should reflect that as publicly as the initial notice did.”

Eklavya stresses that while it supports regulatory oversight and transparency, the absence of any public update confirming the matter’s closure has allowed unsupported allegations to linger. The company has formally contacted the FSCA and relevant publishers to request updated public communication that reflects the complete picture.

In the meantime, Eklavya continues to operate in full compliance. Licensed in 2013, the firm provides investment advisory, wealth management, and trading services to private and institutional investors across South Africa. Its platform, SolisMarkets, has also remained fully functional and compliant.

Eklavya has intensified internal communication and compliance practices to reassure stakeholders, including adopting broader disclosure protocols, enhancing oversight mechanisms, and launching new client tools such as its AI-based “Market Pulse” system. The firm also expands inflation-hedged and cross-border solutions to serve investors better amid ongoing economic uncertainty.

Plans are also underway to open a regional office in Namibia by late 2025, with further expansion into the SADC region expected by 2027.

“This has been a reminder of how quickly incomplete information can take on a life of its own,” Cornelissen added. “We stand by how we’ve handled the review process and continue to operate with the highest standards of integrity.”

Eklavya encourages the media and the public to reference the firm’s current regulatory status via its FSCA registration (FSP 45583) when evaluating online content related to the matter.

Visit the Eklavya Asset Managers website to learn more about the company’s regulatory compliance and service offerings.

About Eklavya Asset Managers

Eklavya Asset Managers is a registered financial services provider based in South Africa. It offers comprehensive asset management services tailored to client-specific goals and risk profiles. With an emphasis on regulatory compliance and client education, Eklavya aims to build long-term relationships based on trust and transparency. The Financial Sector Conduct Authority (FSCA) licenses the company under FSP license number 45583.

For more details, contactDustan Cornelissen, Managing Director, Eklavya Asset Managers, at mgmt@eklavya-am.com.


Media Contact:

Company Name: Eklavya Asset Managers

Contact Person’s Name: Dustan Cornelissen, Managing Director

Company website: www.eklavya-am.com

Contact Email Address: mgmt@eklavya-am.com

Country: South Africa

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Interior Designer Bryan Tsikouris on Designing for Wellbeing and How Spaces Can Heal the Mind and Body

Published

on

Michigan, US, 25th October 2025, ZEX PR WIRE, New York City interior designer Bryan Tsikouris believes that design has the power to do more than please the eye. It can restore balance, encourage focus, and nurture the human spirit. After more than a decade in the field, Tsikouris has witnessed firsthand how thoughtful design can positively impact both mental and physical well-being. Today, he is urging the industry to adopt a new approach to interiors, one that prioritizes how people feel, rather than just how their spaces look.

“The modern world has changed how we live, work, and connect,” says Tsikouris. “We spend most of our time indoors, surrounded by artificial lighting, digital screens, and visual noise. The role of interior design is no longer limited to aesthetics. It is about creating an environment that heals and supports wellbeing.”

At the heart of Tsikouris’s philosophy is a deep understanding of how space affects psychology. His consultancy firm, based in New York City, has helped countless homeowners and organizations reimagine their environments to enhance comfort, creativity, and calm. He approaches design as a science of experience, where every color, texture, and layout decision contributes to emotional balance.

Tsikouris explains that small design choices can have a profound impact on mood. Natural light, for instance, has been shown to regulate circadian rhythms and boost productivity. Warm and neutral palettes tend to lower stress, while biophilic elements such as plants, water features, and organic materials create a sense of connection with nature that reduces anxiety. “Our brains are wired to respond positively to natural stimuli,” he notes. “When you bring elements of the outdoors inside, the body relaxes. It is a subtle but powerful form of therapy.”

In recent years, the concept of well-being design has moved from a niche philosophy to a mainstream expectation. According to Tsikouris, this shift reflects growing awareness of the relationship between environment and health. The pandemic, remote work culture, and digital fatigue have accelerated this transformation, making restorative design a necessity rather than a luxury.

However, Tsikouris believes that technology also plays a vital role. His practice merges traditional design expertise with artificial intelligence to create smarter and more adaptive interiors. Using AI-driven tools, he analyzes lighting patterns, airflow, and spatial efficiency to develop solutions that not only look aesthetically pleasing but also support physical comfort and energy efficiency. “Technology gives us insight into how people actually use space,” he says. “It allows us to design with purpose and to create interiors that respond to human needs in real time.”

His clients range from homeowners seeking sanctuary to companies redesigning offices for a healthier work culture. Tsikouris points out that corporate environments are beginning to prioritize employee well-being through ergonomic furniture, calming color schemes, and flexible spaces that encourage movement and collaboration. “When people feel better, they perform better,” he says. “Design is not an expense. It is an investment in human potential.”

Tsikouris’s inspiration often comes from his travels across the world. Having explored diverse cultures and architectural traditions, he draws ideas from places where design and wellness have long been intertwined. “In Japan, you see the power of minimalism in creating mental clarity,” he explains. “In the Mediterranean, design celebrates light and air, which naturally uplifts the mood. Every culture teaches us something about how space can nourish the soul.”

Beyond his design work, Tsikouris is also active in philanthropy, supporting charities that advance medical sciences. For him, design and wellbeing are two sides of the same mission: to improve the quality of life. “Whether through a beautiful home or a breakthrough in healthcare, the goal is the same,” he says. “It is about helping people feel better, live better, and thrive.”

As the world continues to evolve, Tsikouris sees the future of interior design rooted in empathy, science, and innovation. He envisions homes that adapt to human emotions, offices that promote mindfulness, and public spaces that encourage connection. “Wellbeing is the new frontier of design,” he concludes. “When we design with care, we do more than create spaces. We create harmony between the body, the mind, and the world around us.”

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Breaking Barriers for Entrepreneurs: Why Nicholas Sgalitzer Believes NexTech Labs is the Missing Link for Startups

Published

on

Alabama, US, 25th October 2025, ZEX PR WIRE, In an era when startups are born every minute but only a handful survive past their first few years, one Alabama-based visionary is reimagining what it takes to succeed in the modern innovation economy. Nicholas (“Nick”) Sgalitzer, a seasoned technology entrepreneur, software engineer, and founder of Sgalitzer Technologies, is leading a new movement through NexTech Labs, an emerging startup incubator designed to close the gap between bright ideas and sustainable businesses.

For more than 15 years, Nicholas Sgalitzer has been on the frontlines of digital transformation, helping companies navigate the complexities of software development, cybersecurity, and IT modernization. His career has been defined by one guiding belief: innovation should be accessible to everyone, not just the well-funded few. Now, through NexTech Labs, Sgalitzer is turning that vision into a reality by creating a hands-on innovation ecosystem where startups can test, refine, and launch technology solutions with real-world support.

A Vision Born from Experience

Sgalitzer’s path to NexTech Labs began long before the first prototype was built. As the founder of Sgalitzer Technologies, he spent over a decade working with businesses of every size, from local Birmingham startups to Fortune 500 corporations, helping them deploy cloud solutions, automate operations, and strengthen cybersecurity. Along the way, he saw a pattern that troubled him.

“Too many great ideas die in the gap between concept and execution,” Sgalitzer explains. “Startups often have vision and energy, but they lack the technical guidance, infrastructure, and mentorship needed to turn an idea into a scalable product. NexTech Labs was created to bridge that gap.”

Sgalitzer’s solution is a hybrid model, part incubator, part accelerator, part tech lab, where entrepreneurs gain not only workspace and mentorship but also direct access to engineering expertise, cybersecurity oversight, and digital product development resources.

The NexTech Labs Difference

Unlike traditional accelerators that focus primarily on business coaching or investment readiness, NexTech Labs embeds entrepreneurs directly into a working technology ecosystem. Startups can co-develop products with experienced engineers, leverage shared cybersecurity resources, and test their platforms in a secure sandbox environment before going to market.

This integrated model helps founders avoid the early pitfalls that sink many startups, such as unsecured code, poor scalability, and lack of user feedback.

“Our approach is practical and technical,” says Sgalitzer. “We don’t just hand out advice; we sit next to founders and help them build. We believe collaboration is the foundation of sustainable innovation.”

Each participating startup is paired with a dedicated team that includes developers, data analysts, and industry mentors. NexTech Labs also hosts Innovation Sprints, intensive, week-long workshops where teams tackle real-world problems in AI, healthcare tech, green energy, and cybersecurity. These sessions not only accelerate development but also foster cross-industry collaboration that sparks unexpected breakthroughs.

Empowering the Underserved Innovators

Sgalitzer, who has spent his career rooted in the southeastern United States, is passionate about empowering regions and communities that are often overlooked in the national tech conversation.

“The South is full of brilliant innovators, but many don’t have access to the same capital or networks as entrepreneurs in Silicon Valley or New York,” Sgalitzer notes. “With NexTech Labs, we’re proving that world-class innovation can thrive anywhere when people have the right tools and mentorship.”

To make this vision inclusive, NexTech Labs offers tiered membership options, sponsorship partnerships, and community scholarships for entrepreneurs from underrepresented backgrounds, including women, minorities, and rural innovators. Through collaborations with local universities and municipal governments, the lab also hosts free coding bootcamps and cybersecurity training sessions, a natural extension of Sgalitzer’s long-standing commitment to tech education in Alabama.

By investing in local talent and fostering community-based innovation, NexTech Labs aims to build a self-sustaining pipeline of homegrown startups that can scale globally without leaving their roots behind.

Collaboration Over Competition

At the heart of NexTech Labs is a belief that the future of innovation is not about isolated geniuses working in silos. It’s about teams collaborating across disciplines and industries.

The lab’s open-collaboration model encourages startups to share resources, trade expertise, and learn from each other’s failures and successes. For Sgalitzer, this culture shift is essential for building resilience in a volatile market.

“The old model was about secrecy and competition,” he says. “The new model is about collaboration, transparency, and shared growth. At NexTech, when one startup succeeds, we all succeed.”

To facilitate this, NexTech Labs partners with corporate sponsors, academic institutions, and municipal innovation councils to provide shared access to R&D resources, advanced computing power, and regulatory compliance guidance, services that would otherwise be unaffordable for early-stage founders.

From Birmingham to Beyond

While NexTech Labs is headquartered in Birmingham, Sgalitzer envisions it as a national blueprint for regional innovation hubs. The goal is to replicate the model across mid-sized American cities, places with rich talent but limited infrastructure.

Each new lab will operate on the same principle: leverage local expertise, foster inclusive innovation, and provide tangible tools to help startups scale sustainably.

Already, discussions are underway to expand NexTech Labs to neighboring cities across the Southeast, including Huntsville, Atlanta, and Nashville. These satellite locations will be interconnected through a shared digital platform, allowing founders to collaborate virtually and access collective resources across the entire network.

“We’re not just building companies,” says Sgalitzer. “We’re building communities of innovators who can support each other for the long term.”

The Human Side of Technology

What sets Nicholas Sgalitzer apart from many in the tech world is his grounding in human values. He speaks as passionately about mentorship and mental health as he does about software and cybersecurity. He knows firsthand how lonely entrepreneurship can be and how critical it is to build a culture of empathy and emotional resilience alongside innovation.

To that end, NexTech Labs offers wellness check-ins, peer support circles, and leadership training that emphasize communication, self-care, and teamwork. It’s a holistic approach that recognizes founders are not just innovators, they’re people navigating uncertainty, risk, and self-doubt.

“Technology is about solving human problems,” Sgalitzer reflects. “If we lose sight of the human side, even the best code won’t matter. My goal is to build a generation of entrepreneurs who are both brilliant and grounded.”

A Call to the Future

As NexTech Labs continues to gain traction, the message from Nicholas Sgalitzer is clear: the future of innovation lies not in isolated success stories, but in collaborative ecosystems that empower everyone to participate.

By combining technical excellence with mentorship, inclusion, and shared resources, NexTech Labs is redefining what it means to launch and scale a startup in the 21st century.

“The next generation of great innovators won’t come from billion-dollar venture capital pipelines,” Sgalitzer says. “They’ll come from ordinary people with extraordinary ideas, people who just need someone to believe in them and give them the tools to grow. That’s what NexTech Labs is here for.”

About Nicholas Sgalitzer

Nicholas (Nick) Sgalitzer is a technology entrepreneur, cybersecurity consultant, and founder of Sgalitzer Technologies in Birmingham, Alabama. With over 15 years of experience helping businesses modernize through software, AI, and IT innovation, he is a recognized leader in the southeastern U.S. tech ecosystem. Through NexTech Labs, Sgalitzer is creating a collaborative platform to help startups overcome early barriers and bring meaningful innovation to life.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Lykyn Smart Mushroom Grow Kit The Easiest Way to Grow Gourmet Mushrooms at Home

Published

on

United States, 25th Oct 2025 – Lykyn has introduced its revolutionary Smart Mushroom Grow Kit — an automated mushroom chamber designed for anyone who wants to grow fresh, organic mushrooms at home without effort or experience.

The Lykyn Smart Mushroom Grow Kit creates the perfect growing environment by automatically regulating humidity, temperature, and airflow, simulating the natural forest conditions where mushrooms thrive. This innovation allows users to enjoy farm-quality mushrooms like oyster, lion’s mane, and shiitake in as little as two weeks.

Designed for simplicity, the device lets users plug it in, mist occasionally, and watch mushrooms flourish — making sustainable indoor farming accessible to everyone.

Smart Mushroom Chamber for Effortless Growing

Lykyn’s cutting-edge smart mushroom chamber integrates intelligent sensors and

eco-friendly materials, ensuring consistent, chemical-free results. Its modern and compact design fits perfectly in kitchens, cafés, and wellness spaces.

Key Benefits:

  • Automated humidity and temperature control
  • LED lighting optimized for mushroom growth
  • Sustainable and compact design
  • Smart environment monitoring

Each kit offers a clean, efficient, and enjoyable growing experience — ideal for home chefs, educators, and sustainable living enthusiasts.

About Lykyn

Lykyn is a California-based smart agriculture company focused on combining sustainability, technology, and design. Guided by its philosophy, “A planet of perfect conditions,” Lykyn aims to bring nature closer to modern life with innovative smart-growing solutions.

For more information or to purchase the Lykyn Smart Mushroom Grow Kit, visit https://lykyn.com.

Media Contact

Organization: Lykyn

Contact Person: Lykyn

Website: https://lykyn.com/

Email: Send Email

Country:United States

Release id:36039

The post Lykyn Smart Mushroom Grow Kit The Easiest Way to Grow Gourmet Mushrooms at Home appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST