Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

As The Laser Industry Grows, Could This Company Cut A Clean Path To The Top?

Laser Photonics Corporation

As industries change with the needs of the 21st century, innovative laser companies are looking to harness technological advancements to solve key industry problems. Laser companies like Florida-based Laser Photonics Inc. (NASDAQ: LASE) — the largest segment of the industrial laser market is located in North America and the overall market is reportedly valued at over $18 billion. The increasing move towards automation is one factor that has been driving the growth of laser systems, as automation is dependent on ever-more efficient and precise technological applications for its high-quality work. Lasers have found a variety of uses that have bearing across diverse industries. Laser systems can be used for cutting metal, cleaning and conditioning metal, finishing surfaces, engraving, 3D printing, and more. They have been applied in multiple industries, though they are especially prominent in the automotive, aerospace, naval and marine, military and defense sectors. To Infinity and Beyond? “Buzz Lasers” Leading the Way There are various companies - including several domestic companies - developing cutting-edge industrial laser products that have fresh applications and solutions in the market. IPG Photonics Corporation (NASDAQ: IPGP) is an American fiber laser manufacturer. It recently sold its lasers in both North America and Japan, and its lasers largely find application in the manufacturing, automotive, and medical sectors. Lumentum Holdings (NASDAQ: LITE) is a California laser company, producing telecom, datacom, and commercial lasers. Its photonic lasers are used for processing and manufacturing metal. They also have technological applications, and its products include pump lasers, tunable products, and electro-absorption modulated lasers (EMLs). It recently acquired NeoPhotonics Corp. Massachusetts-located Novanta Inc. (NASDAQ: NOVT) works largely in the medical and advanced industrial fields. Its production of sophisticated laser systems allows it to partner globally with companies to provide lasers for original engineering manufacturing (OEM) applications. In a field mainly filled with component suppliers, Laser Photonics - the only market participant whose products are entirely American made - is leading the way as a supplier of laser cleaning solutions technology. The company is a research and development (R&D) and manufacturing company for industrial lasers and technology systems, whose products include the highly efficient CleanTech Laser Cleaning Systems engineered to disrupt the abrasive cleaning market. Laser Photonics recently showcased its products at the largest trade show for metal forming, fabricating, welding, and finishing in America. After an initial public offering this September on NASDAQ, at the time of writing Laser has a market cap of $22.5 million, and a share price of $2.85. The company reports highly competitive product prices, based on an innovative product structure and low cost of production. These prices - along with its vertical involvement across industries - make Laser Photonics confident that it will be able to sustain company growth within the market moving forward. Laser Photonics can tout a secure, broad base of clients interested in the potential of its cleantech systems for creating a more environmental, social, and governance (ESG) climate-friendly future. The company just completed a major Navy product delivery and has signed on with a variety of public sector divisions, including the Army, National Aeronautics and Space Administration (NASA), and the Veterans Administration. It is also involved with Fortune 1000 companies and has built what it calls a “blue chip” base of customers who are leaders in their respective industries. The companies Laser Photonics has served include Harley Davidson (NYSE: HOG), Caterpillar Inc. (NYSE: CAT), Ford Motor Company (NYSE: F), Dell (NYSE: DELL), and DuPont de Nemours Inc. (NYSE: DD). Interested in learning more about Laser Photonics? Visit laserphotonics.com. Laser Photonics is a vertically-integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. LPC seeks to disrupt the $46 billion, centuries old, sand and abrasives blasting markets, focusing on surface cleaning, rust removal, corrosion control, de-painting and other laser-based industrial applications. LPC's new generation of leading-edge laser blasting technologies and equipment also addresses the numerous health, safety, environmental, and regulatory issues associated with the old methods. As a result, LPC has quickly gained a reputation as an industry leader for industrial laser systems with a brand that stands for quality, technology and product innovation. Currently, world-renowned and Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding industries are using LPC's "unique-to-industry" systems. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Brian Siegel, IRC®, M.B.A. Senior Managing Director Hayden IR brian@haydenir.com Company Website https://www.laserphotonics.com/

November 21, 2022 01:45 PM Eastern Standard Time

Alcatel-Lucent Enterprise Achieves FERPA Compliance Ensuring Data Protection in the Education Sector

Alcatel-Lucent Enterprise

Alcatel-Lucent Enterprise, a leading provider of communications, networking, and cloud solutions tailored to customers’ industries, today announces that it has achieved compliance under the Family Educational Rights and Privacy Act (FERPA) for the US market. FERPA is a Federal law that requires schools and their service providers to protect the privacy of students’ education records. This entails the establishment and maintenance of administrative, physical, and technical safeguards that are designed to ensure the confidentiality, integrity, and availability of all education records to which a school or service provider has access. FERPA compliance will enable Alcatel-Lucent Enterprise to provide its Rainbow TM communications solutions, including Rainbow Classroom, to its education customers. “ALE has been proactive in taking on the critical role of protecting students’ education records and providing educational agencies or institutions with the technology they need to ensure student success. We take great pride in offering peace of mind to education professionals, parents, and students alike,” said Salvatore Zoida, Senior Attorney and FERPA Compliance Officer at ALE USA Inc. “Achieving this milestone allows us to extend the benefits of our Rainbow communications platform, through its licensing model, to educational institutions at all levels, which is a priority vertical for ALE. We are committed to our education customers and will continue to propose the solutions they need while ensuring all the necessary protection for them to offer services in optimal conditions,” said Mike Mullarkey, Senior Vice President, Sales and Marketing, Americas at ALE USA Inc. ALE is a key supplier of unified communications solutions tailored to organisations of all sizes across various industries. The company also provides cloud-based solutions enhancing its customers’ ability to address client needs as they increasingly move to the cloud. Rainbow Classroom by Alcatel-Lucent Enterprise delivers a standardized virtual learning experience that leverages existing Learning Management Systems or ALE’s standalone online learning platform and enriches it with real-time collaboration and communication capabilities. The solution provides everything educators need in an online virtual classroom, tailored to their requirements, using a web browser and internet connection. About Alcatel-Lucent Enterprise Alcatel-Lucent Enterprise delivers the customised technology experiences enterprises need to make everything connect. ALE provides digital-age networking, communications, and cloud solutions with services tailored to ensure customers’ success, with flexible business models in the cloud, on premises, and hybrid. All solutions have built-in security and limited environmental impact. Over 100 years of innovation have made Alcatel-Lucent Enterprise a trusted advisor to more than a million customers all over the world. With headquarters in France and 3,400 business partners worldwide, Alcatel-Lucent Enterprise achieves an effective global reach with local focus. al-enterprise.com | LinkedIn | Twitter | Facebook | Instagram Contact Details Global Press Carine Bowen press@al-enterprise.com Company Website https://www.al-enterprise.com/

November 21, 2022 10:00 AM Eastern Standard Time

Medical Tech Company Concludes Successful Uplist to NYSE American

Know Labs, Inc.

A U.S.-based medical device company recently completed its successful uplisting to the New York Stock Exchange (NYSE) American exchange. Know Labs Inc. (NYSEAMERICAN: KNW) raised over $8 million from its public offering of common stock. Know Labs announced listing approval to NYSE American in mid-September as an exciting opportunity to join the exchange for growing companies and closed its public offering within four days. It increased the public offering of stock by 15% from the original filing as part of its over-allotment option. Though it initially announced trading a public offering of 3.6 million at $2 a share, it ended up trading 4.14 million. This increase means Know Labs closed with over $1 million more than anticipated — raising $8.28 million before underwriting discounts, commissions and other expenses. This high trading activity is not unfamiliar to Know Labs. The company’s recent high trading volume saw it added to the OTCQB Venture Market’s Top 10 Most Active list. Bringing Its Cutting-Edge Tech To Emerging Companies Exchange Know Labs was uplisted to the NYSE American under the symbol KNW, changing from its previous symbol KNWN as it will no longer be traded on the over-the-counter (OTC) market. As an emerging company looking for cutting-edge medical tech solutions, Know Labs will use the money raised from the stock sales for further research and development as well as sales and marketing, working capital, capital investments and various administrative expenses. Know Labs is committed to making a difference in the lives of millions of people around the world by developing convenient affordable non-invasive medical diagnostics solutions. Know Labs has been focused on the research and development of proprietary spectroscopic technologies using the electromagnetic spectrum to accurately identify and measure a wide range of organic and inorganic materials, molecules, and compositions of matter.he company refers to it as Bio-RFID™ (body radio frequency identification). Know Labs has been working on applying Bio-RFID to monitor blood glucose levels, a fast-growing multi-billion market. The Company claims to have 89 patents granted, pending or in-filling process, which could position it as the top worldwide IP holder in non-invasive blood glucose monitoring.Other companies innovating with technology for diabetic patients include Novo Nordisk A/S (NYSE: NVO) and Movano Inc. (NASDAQ: MOVE). Know Labs also claims Bio-RFID has more than 100 uses beyond glucose monitoring. These include the identification of blood levels of oxygen, alcohol and metabolized drugs. Its versatile technology platform can be integrated into various wearable, mobile or bench-top form factors, meaning the company may produce low-cost, noninvasive diagnostic technologies with a broad spectrum of applications and uses across industries. To learn more about Know Labs, visit its website. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Know Labs info@visualant.net Company Website http://www.knowlabs.co

November 21, 2022 08:00 AM Eastern Standard Time

Ondo InsurTech looking at "absolutely huge opportunity" in the US

Ondo InsurTech PLC

Contact Details Proactive Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

November 21, 2022 06:41 AM Eastern Standard Time

Video

AdEPT Technology Group reintroduces interim dividend

AdEPT Technology Group PLC

Contact Details Proactive Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

November 21, 2022 06:19 AM Eastern Standard Time

Video

Aimbridge Hospitality, the Largest Hospitality Management Group Worldwide, Selects ACFN As Preferred Vendor, Opening Up New Growth Opportunities

ACFN Franchised Inc.

Interested in being part of the ACFN growth story? Click here to get started! In October, ACFN Franchised Inc. formalized its preferred-vendor status in an agreement with Aimbridge Hospitality, a global hospitality company with approximately 1,500 branded and independent properties. ACFN is the only company providing ATM services to be granted preferred-vendor status by Aimbridge. The agreement came just as both companies made headway on ambitious growth plans. ACFN Becomes An Official Preferred Vendor As Ambridge Enters Rapid Expansion Phase Aimbridge reportedly saw major growth in 2021 and 2022. The hospitality company expanded its operational divisions to focus on acquisitions and growth across multiple geographical regions and hospitality verticals, including the addition of dozens of extended-stay properties through its partnership with Three Wall Capital and its entry into the Mexican market with the acquisition of Grupo Hotelero Prisma’s portfolio of 42 properties. Going into 2023, the hospitality company is continuing to invest in new acquisitions, especially focused on continued expansion across Latin America and Europe. “As the official preferred vendor, ACFN is excited about the new opportunities for ATM placements across Aimbridge’s rapidly expanding portfolio of properties,” said Jeffrey Kerr, Founder and CEO of ACFN. ACFN Is Also Building Expansion Momentum Of Its Own While expansion plans for the largest hospitality-management group in the world are good news for ACFN, the company isn’t solely riding the momentum of its biggest corporate clients. Since its founding in 1996, ACFN has grown into a leader in the ATM industry, providing full-service ATM placements for its 2,700 corporate clients across the nation, including major hotel companies like Aimbridge, Hilton Hotels & Resorts and IHG Hotels & Resorts. That’s largely thanks to strong organic growth generated by ACFN’s inside marketing team. “In 2018 and 2020 ACFN completed two acquisitions that added over 450 new locations to our portfolio and increased transaction volume by 26.5%,” said Kerr. Notable deals in the last 30 days include two new deals to install ATMs at Fairmont Century Plaza in Los Angeles and Hilton New York Times Square in New York City. Now, the company has launched a crowdfunding campaign to raise up to $5 million to fund more acquisitions as it prepares for an influx of new opportunities. The opportunities are the result of the global mergers and acquisition (M&A) market seeing an uptick in deal volume and a decline in average deal value. With M&A activity trending toward smaller but more frequent deals, ACFN already has three more distinct opportunities in its sights. The deals the company hopes to fund with this latest round of crowdfunding are aimed at scaling its business by absorbing competitors that have been hit hard by soaring fuel prices and inflation. In addition to acquiring direct competitors, ACFN is working on adding new revenue streams, including the recent addition of cell phone charging stations and pharmacy vending machines to its product line. Founded in 1996 and franchised in 2003, ACFN Franchised Inc. (“ACFN”) provides services to 2,700+ businesses in 46 states in collaboration with our network of 220+ franchise owners.Since inception, ACFN has provided a cumulative $5,000,000,000 of spending power to support and increase sales for our partner businesses. In just the last 12 months a total of $367,566,000 was dispensed through our network, generating more than $14,500,000 in fee revenue for ACFN. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Jeffrey Kerr Investor-Relations@acfn-solutions.com Company Website https://acfn-solutions.com/

November 18, 2022 02:08 PM Eastern Standard Time

Bybit CEO Lays Out His Transparency Roadmap

Bybit

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 18 November 2022 - Ben Zhou, co-founder and CEO of Bybit, the world’s third most visited crypto exchange, has called on the industry to step up together and help reassure nervous customers and governments that crypto is a valuable contributor to the financial system and has a central part to play in the future of financial services. Zhou made his remarks after laying out a comprehensive framework designed to re-establish trust and commit to comprehensive, industry-wide transparency. Zhou also looked to manage expectations by highlighting that a robust, comprehensive, proof-of-reserves program would need time to develop and could not be created, installed, and implemented overnight. “Bybit is committed to an industry-wide, fully transparent proof-of-reserves (PoR) solution that demonstrates without a doubt that we hold our client's funds in custody, and are worthy of their full trust — and that is what we are working on,” said Zhou. Zhou highlighted the complexity of crypto businesses in terms of scale, scope, and reach, noting that it will take some months for Bybit to complete and provide a comprehensive and true picture of its accounts that is acceptable to every stakeholder and helps re-establish trust — rather than patchy information that could ultimately confuse. He believed that exchanges must be proactive in creating a new type of transparency, one that improves on those used by traditional financial institutions, which still remain opaque and backward. The proper way to achieve this is to take a snapshot of all the clients' UID and balance; package that so it fits into a Merkle tree; send the tree to an independent auditor, and then work with them to verify the numbers. The final step: provide our wallet address and test it to show the auditor that we own the address. He said Bybit is now engaged in developing this fully transparent solution to show its reserves in real-time using an independently-audited Merkle tree. Bybit is also engaging a reputable auditor to prove its reserves and audit the company’s books and operations. Zhou reiterated, “To us, proof-of-reserves is a fully transparent solution that proves our clients’ funds are in custody — that is what we are working on.” This has been a difficult time for many in the industry — customers and many players have been betrayed and deceived by the magnitude of recent events. He reassured clients that Bybit’s mission, as the Crypto Ark, is to provide true value and live up to customer trust and confidence. Bybit has always been a supporter of affordable and accessible financial access for all. Zhou also struck a defiant tone. “The crypto community is stronger than one rogue actor and provides many benefits over traditional financial markets. We are at the forefront of financial innovation, and with the continued support of our customers, we will continue to be so. About Bybit Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR), City Esports, and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka. For more information please visit: https://www.bybit.com/ For updates, please follow Bybit's social media platforms on https://discord.com/invite/bybit https://www.facebook.com/Bybit https://www.instagram.com/bybit_official/ https://www.linkedin.com/company/bybitexchange/ https://www.reddit.com/r/Bybit/ https://t.me/BybitEnglish https://www.tiktok.com/@bybit_official https://twitter.com/Bybit_Official https://www.youtube.com/c/Bybit Contact Details Media Contact press@bybit.com

November 18, 2022 09:11 AM Eastern Standard Time

Laser Photonics Sells First CleanTech Laser Blaster to Emerson Automation Solutions

Laser Photonics Corporation

Laser Photonics Corporation (NASDAQ: LASE) announced the sale of the first CleanTech Laser Blaster Cabinet to Emerson Automation Solutions. Wayne Tupuola, chief executive officer of Laser Photonics, commented: "This is the only CleanTech Laser Blaster Cabinet with the FDA's Center for Device and Radiological Heath (CDRH) approval. Having a Blue Chip company like Emerson as our first customer for this product certainly validates the value of our innovative solutions for a variety of applications. We look forward to working with them on future opportunities." The cabinet was installed at Emerson Automation Solutions' subsidiary, Fisher Controls International's Texas facility. Fisher Controls provides process flow control technologies-related services to industrial companies in a variety of industries. The CleanTech™ Laser Blaster Cabinet is a self-contained, industrial laser cleaning machine. This system is the only laser cleaning machine in the world that incorporates the exclusive power of a fiber laser with a handheld laser-blasting head inside an enclosed 30" x 26" work area. This system is designed for speed, precision, safety, and flexibility. It is the only laser blasting cabinet manufactured in compliance with CDRH FDA and OSHA regulatory compliance. As a first-of-its-kind product, LPC has added an extra level of security - a redundantly switched safety interlock system that helps prevent accidental exposure to excess laser radiation. Additionally, the system is equipped with an electrical power manual reset, a key-locked laser power switch and a remote interlock connector. There is an exhaust outlet for the Fume Extractor, powder coated for industrial durability, which provides excellent protection for laser radiation according to CDRH requirements, and a Class IV operator-safe yellow transparent laser-rated acrylic viewing port for visualization of lasing processes and easier alignment. Finally, the system has audible and visible emission indicators with five-second emission delay settings. More information can be found here https://www.laserphotonics.com/cleantech-laser-blaster-cabinet Image sourced from Unsplash This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Laser Photonics is a vertically-integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. LPC seeks to disrupt the $46 billion, centuries old, sand and abrasives blasting markets, focusing on surface cleaning, rust removal, corrosion control, de-painting and other laser-based industrial applications. LPC's new generation of leading-edge laser blasting technologies and equipment also addresses the numerous health, safety, environmental, and regulatory issues associated with the old methods. As a result, LPC has quickly gained a reputation as an industry leader for industrial laser systems with a brand that stands for quality, technology and product innovation. Currently, world-renowned and Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding industries are using LPC's "unique-to-industry" systems. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Brian Siegel, IRC®, M.B.A. Senior Managing Director Hayden IR brian@haydenir.com Company Website https://www.laserphotonics.com/

November 18, 2022 09:10 AM Eastern Standard Time

ChainUp leverages Multi-Party Computation (MPC) to provide highly secure digital asset custody solutions & ensure clients’ trust

ChainUp

Amidst recent escalating concerns over digital asset security, global blockchain solutions provider ChainUp Group announced today that it is utilizing the multi-party computation (MPC) technology as part of a multi-layered security architecture to ensure the highest security standards of its digital asset custody solutions. The multi-layered security architecture developed by ChainUp Custody showcases the company’s commitment to fully safeguard clients’ assets and provides the necessary assurance to ensure continued trust from clients. This is particularly significant against the backdrop of recent industry developments. Mr. Sailor Zhong, Founder & CEO of ChainUp Group commented, “The security of our clients’ assets has always been our priority. As part of our multi-layered security architecture, we combine MPC technology with hardware isolation technology to distribute the storage of encrypted information, which exponentially enhance system security and ensure that only users will be able to access their digital assets.” Other pillars of ChainUp Custody’s security architecture include risk monitoring mechanisms, comprehensive KYT and KYC services, as well as SOC 2 compliance. SOC 2 defines the security criteria for managing clients’ data based on the five principles of security, availability, processing, integrity, confidentiality, and privacy. MPC works by splitting the traditional private key into multiple shards and distributing them in various places to ensure that no one person has full access to the traditional private key. The implementation of MPC technology ensures that the private key shards will be co-managed by multiple parties which allows users to have complete control rights over assets that will not be restricted by time or location. About ChainUp Group Founded in 2017, ChainUp is a leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange systems, NFT trading systems, wallet solutions, liquidity solutions, and digital assets custody and management. Headquartered in Singapore and with offices around the world, the company has served more than 1,000 clients in 30 countries, reaching over 60 million end-users. For more information, please visit: www.chainup.com. Contact Details ChainUp Group Xue Zhen Yeo pressrelease@chainup.com

November 18, 2022 07:00 AM Eastern Standard Time

1 ... 348 349 350 351 352 ... 592