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Iteris Inc (NASDAQ: ITI): In a Pole Position to Modernize Transportation Infrastructure in the U.S.?

Benzinga

By Austin DeNoce, Benzinga Iteris Inc. (NASDAQ: ITI) is an innovator in the smart mobility infrastructure sector, driving change in transportation with its ClearMobility® Platform which includes advanced cloud-enabled software, AI-powered sensors and data analytics. Augmented by what it reports is a highly respected consulting and services capability, its solutions enhance the safety, efficiency and sustainability of transportation systems, positioning Iteris at the forefront of the connected transportation network. The Transportation Industry And The Impact Of IIJA The transportation sector was set for growth driven by modernization initiatives, even before the Infrastructure Investment and Jobs Act (IIJA) was signed into law. The landmark legislation channels $1.2 trillion of investment into U.S. infrastructure, with a considerable portion of the investment focused on transportation. This investment, as detailed in an IIJA white paper published by Iteris, will accelerate the adoption of innovative approaches to modernize the country’s aging transportation infrastructure. Because Iteris' industry-leading solutions closely align with the goals of the IIJA, the company should benefit from the projected additional investment in the sector. Aligning Iteris with National Infrastructure Goals Iteris’ technology footprint includes over 200,000 installed traffic sensors, two billion detections per day and 1.5 petabytes of mobility data, which is processed annually, per the company’s investor presentation. The breadth and depth of its capabilities position Iteris favorably in relation to the IIJA's objectives. Programs funded by the IIJA, like the SS4A, SMART and ATTAIN grant programs that focus on technology-led approaches to enhance transportation safety and efficiency, are directly relevant to Iteris' expertise in smart mobility, reinforcing that Iteris operates in a sweet spot that is just beginning to benefit from the flow of IIJA investment. Financial Performance And Market Strategy In terms of financial performance, Iteris reported record net revenue of $156.1 million for fiscal 2023 and grew an additional 19% in the first six months of its fiscal 2024. The company’s current fiscal year ends on March 31, 2024. Additionally, Iteris has published an ambitious target operating model (Vision 2027) that anticipates between $245 million and $265 million in organic revenue by 2027. The expected growth is underpinned by a focus on further penetrating key strategic markets and increasing the attach rate of Annual Recurring Revenue, which currently stands at 25% of total revenue. Vision 2027 also outlines significant improvements in gross margins and adjusted EBITDA margins driven by the company’s successful supply-chain improvement plan, as well as additional cost leverage and beneficial revenue mix. Deployment Success And Market Presence Iteris has demonstrated its effectiveness in intelligent traffic management through the successful deployment of its industry-leading technology. This is evidenced by the company serving over 10,000 public agencies and commercial customers, as well as the successful nationwide deployments of its smart sensors and mobility software that have demonstrated a crucial role in reducing traffic congestion and enhancing road safety. These accomplishments continue to underscore the extensive reach and positive impact of Iteris in the transportation sector. Sustainability And Innovation Building on its established leadership, Iteris continues to innovate and collaborate in this rapidly evolving technological landscape and highly fragmented competitive environment. Iteris’ approach to creating a data-driven, dynamic ecosystem for smarter cities and connected transportation is unique due to its emphasis on continuous real-time information, open information architecture and adaptable user interfaces that benefit all ecosystem participants. Therefore, as Iteris continues to scale its platform, the company expects its customers to realize unique and expanding benefits from this continuous cycle of innovation and collaboration. Driving The Smart Mobility Revolution Through Technology Innovation Iteris is a leader in the smart mobility revolution, combining technological innovation with strategic insight to modernize mobility. Its role extends beyond current solutions, as it drives for a more safe, efficient, and sustainable model for transportation. For those invested in the future of mobility, Iteris may represent a key player in the connected transportation network. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

January 04, 2024 01:00 PM Eastern Standard Time

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Innersense Launches I Create Curl Memory Styling Gelee

Innersense Organic Beauty

Award-winning clean beauty brand Innersense has added I Create Curl Memory to their product portfolio. This flexible single step styling gelee smooths, hydrates and provides flexible hold for elongated and long-lasting curls. I Create Curl Memory can be used for all curl types and textures. This styling gelee utilizes a nourishing and nutrient rich formula that helps prevent breakage and creates healthy, hydrated curls. The brand swapped out conventional ingredients typically used in styling gels for natural alternatives that are good for overall hair health. It also has a sweet chamomile scent to promote overall serenity and relaxation. Key ingredients include: Sugar Complex (Honey and Sucrose): provides light hold, amplifies thickness and improves manageability Bamboo Extract: promotes style retention and nourishes hair with strengthening minerals that keep strands resilient and can help prevent breakage Aloe Vera (certified organic): a versatile and lightweight moisturizer and hair strengthener I Create Curl Memory is gluten free, cruelty free and made with organic ingredients. Innersense is both Plastic and Carbon Neutral. “We’re always looking for cleaner, healthier alternatives to styling products that are efficacious and easy to use,” says Greg Starkman, founder of Innersense, “I Create Curl Memory is an amazing product for all curl textures, formulated with nourishing ingredients packed with benefits for defined, long lasting curls.” I Create Curl Memory (10oz) retails for $28 and will be available online at innersebeauty.com, in select salons and in-store at specialty retailers such as Credo Beauty and The Detox Market. About Innersense Beauty professionals Greg and Joanne Starkman founded Innersense to bring clean, pure and toxin free hair care to salons, stylists and consumers. The clean hair care brand’s products include shampoos, conditioners, scalp scrub, styling and treatment products for all hair types. For more information, visit innersensebeauty.com. Contact Details BPCM Archita Patel archita@bpcm.com Contact Details BPCM Archita Patel +1 281-725-2121 archita@bpcm.com Company Website https://innersensebeauty.com/

January 04, 2024 12:00 PM Eastern Standard Time

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Eco-Innovation on the Horizon: Cloud Toronto and FYBN's Green Investment Launches Billion-Dollar Fund to Reshape US Gas Stations and CStores for Retail Transformations.

500NewsWire

Suwanee, Georgia, USA, Jan. 4, 2024 - ( 500NewsWire ) -- Cloud Toronto INC, in collaboration with FYBN, announces the launch of a groundbreaking billion-dollar investment fund aimed at revolutionizing the gas station and convenience store (CStore) industry in the United States. This initiative, branded as the Clean Energy Gas Station Investment Fund, marks a significant step towards modernizing an essential yet often-overlooked sector that serves the day-to-day needs of most Americans. The investment fund is backed by Cloud Toronto Venture Capital, known for its diverse and successful investment portfolio, including Adani Group, Impossible Foods, and SpaceX. Often relegated to the sidelines of the investment world, Gas stations and convenience stores (C-stores) continue to serve as the unsung heroes of the American economy. FYBN's visionary fund aims to spotlight these crucial but undervalued businesses. "We're venturing where typical one-percenters hesitate, into the heart of daily American commerce – the local gas station and C-store," stated CEO Dilip This investment fund represents a paradigm shift in the retail landscape, combining accuracy, reliability, and a deep understanding of the retail nuances specific to gas stations. The fund will focus on implementing clean energy solutions, thereby contributing to environmental sustainability and reducing the carbon footprint of these establishments. The gas station & CStore business, characterized by its multifaceted and dynamic nature, offers a diverse and robust revenue model. From inside sales to various services like lottery and ATM commissions, these businesses promise a range of income streams. However, it also presents challenges, including the daily fluctuations of fuel prices and operational intensity, requiring astute management and strategic foresight. With its extensive experience in buying, building, operating, and exiting high cash-flow gas station real estate and businesses, The FYBN team is positioned to navigate and capitalize on these complexities. "Our approach involves a strategic combination of market analysis and asset management to ensure profitable exits and sustained growth," elaborates the FYBN team. Moreover, the need for evolution in the retail sector, particularly in gas stations and CStores, is more pressing than ever. In a world where innovation is constant, these traditional businesses face the challenge of adapting to changing consumer demands and environmental standards. The Clean Energy Gas Station Investment Fund by FYBN and Cloud Toronto is designed to address this challenge head-on. It aims to bring accuracy, reliability, and a deep understanding of retail nuances to the forefront of this industry transformation. This project, titled the FYBN Tax Advantaged Opportunistic Gas Station Investment Fund, focuses on augmenting the untapped future potential of Clean Energy Gas Station Businesses. It's a strategic move that aligns with Cloud Toronto's philosophy of investing in areas with significant growth potential and societal impact. "Our fund aims to transform the often-overlooked gas station/C-store industry, which plays a critical role in the American economy, much like Cloud Toronto's investment in high cash flow gas stations with a MOIC of 1.5x and IRR of 19%," said the CEO Dilip Mooparakath. The fund will facilitate incorporating sustainable practices and clean energy solutions into these everyday retail spaces, setting a new standard for the industry. Cloud Toronto's portfolio includes investments in sectors like renewable energy with Tata Power and Tata Motors and innovative food technology with Impossible Foods. This investment experience underpins FYBN's approach to transforming gas stations and Cstores into modern, multifunctional community hubs. FYBN's fund will incorporate advanced technologies to modernize the gas station/C-store experience. Cloud Toronto's ethos, emphasizing long-term growth and support for visionary entrepreneurs, aligns perfectly with FYBN's goal. "We're not just investing in businesses; we're investing in community-centric hubs that serve as the lifeline for everyday Americans," CEO Dilip Mooparakath said. FYBN's billion-dollar fund is a commitment to the future of retail commerce, blending technological advancements with ecological preservation. The fund aims to raise $100,000,000 over the next six months, with strategic allocation towards real estate reinvestment, talent acquisition, and extensive marketing and expansion plans. "In the backdrop of a falling inflation rate, gas stations, and CStores emerge as silent heroes, meeting the needs of a nation on the go. Neglected yet essential, they serve as hubs where convenience meets necessity. Join us in revolutionizing this overlooked industry through our billion-dollar fund for transformative upgrades and expansions," adds CEO Mooparakath. For more information, please visit the Cloud Toronto website. About Cloud Toronto Cloud Toronto, a dynamic player in the investment landscape, specializes in offering innovative investment opportunities within the gas station and convenience store industry. Committed to bridging the gap between visionaries and pioneering startups, Cloud Toronto stands at the forefront of promoting and supporting the most promising ventures in the tech ecosystem. Our platform is meticulously crafted to empower entrepreneurs and investors, fostering an environment where innovation flourishes. Cloud Toronto is more than an investment firm; it catalyzes transformative ideas and visionary enterprises. For Media Inquiry, please contact: Contact Details Nadya Rousseau nadya@alternewmedia.com

January 04, 2024 10:00 AM Eastern Standard Time

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Yntegra Group Signs Agreement to Develop Northern Tract of Big Sampson and East Sampson

Yntegra Group

Yntegra Group today signed a Heads of Agreement with the government of The Bahamas to develop the northern tract of Big Sampson and East Sampson Cays in the Exumas. It is the second, ultra-luxury project that the Miami-based company has in the area. According to Felipe MacLean, CEO of Yntegra Group, the project will have a residential community, boutique resort, and marina component, and the proposed designs show a deep commitment to the environment. “We are committed to building on the current success of the area as a world-class destination,” said MacLean. “Our ultra-luxury resorts, marinas, and residences will be showpieces for the area while preserving the natural environment and caring for the long-term sustainability of the Exumas.” MacLean thanked the government of The Bahamas for its support and noted that current plans to improve infrastructure, such as the expansion of the Blackpoint Airport to add more international flights, and the increase in airlift to the Exumas, show that the nation’s elected officials are deeply devoted to the long-term economic development of the area. The Sampson project will have a capital expenditure of more than $100 million over the life of the project and will create more than 250 jobs during construction. MacLean noted that Yntegra Group has already signed an agreement with one of the top ultra-luxury hotel operators in the world, which will be formally announced in early 2024. “We will continue to work with the local community in Exuma to create quality jobs and identify entrepreneurial opportunities while promoting the area as a global destination and supporting the development of the tourism industry,” said MacLean. “We have long-term plans for investment in the Exumas and are excited about the prospects that lay ahead.” Currently developing two major luxury resort and residential developments in the Exumas, Yntegra Group focuses primarily on real estate development, asset management, and specialty finance. More information is available at yntegragroup.com. Contact Details David PR Group John P. David +1 305-724-3903 john@davidpr.com ONWRD Advisors Ltd Royann Dean +1 242-422-0697 r.dean@onwrdtogether.com

January 04, 2024 09:32 AM Eastern Standard Time

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Fintech’s Next Big Move – How MoneyLion Is Leading The Charge In Embedded Finance

Benzinga

By Faith Ashmore, Benzinga As we close out 2023, it's important to reflect on the biggest fintech trends that shaped this year. At its core, fintech is instrumental in creating solution-driven models that expand upon the more antiquated aspects of traditional finance. Entrepreneurs in the space recognize the profound impact of technology on the finance sector. Both consumers and enterprises now require solutions that address contemporary challenges. Solution-driven models have led to the widespread adoption of initiatives like “Buy Now, Pay Later,” AI integrations and biometrics in 2023. Despite this innovation in fintech, venture capital investment has significantly decreased as investors are more cautious than they were a few years ago. In 2023, funding deal volumes dropped 39% totaling 484 transactions. The standout performers are those companies skillfully adapting to shifting trends. As fintech investments have leveled out, there has been a mindset shift from growth at all costs to sustained profitability. Investors are being more cautious, favoring companies that show signs of profitability. As a result, embedded finance is one of the bigger trends in 2023 that seems set to continue to grow in 2024. Modernizing The Traditional Finance System Embedded finance integrates financial services directly into the products or services of companies across the globe. Instead of managing individual relationships with financial institutions, companies can now leverage APIs to seamlessly offer financial solutions – such as lending, banking, insurance, credit cards and more within the customer experience of partner companies. This integration allows enterprises to be less dependent on big banks and enhance customer convenience and access while expanding revenue streams. In 2022, the embedded finance market was valued at $58 billion, and it is expected to grow at a CAGR of over 29% between 2023 and 2032. The digitization of financial services and the rising demand for frictionless e-commerce make embedded finance a powerful force in the industry. However, without the proper infrastructure to support embedded finance, enterprises can find themselves overwhelmed by back-end demands. That’s why companies like MoneyLion Inc. (NASDAQ: ML) are essential to embedded finance adoption. MoneyLion’s Embedded Finance Synergy MoneyLion, founded in 2013, has always prided itself on proactively assessing industry needs and evolving to meet them. Among the fintech companies navigating the new landscape, MoneyLion stands out as an industry leader. In February 2022, MoneyLion completed its acquisition of an embedded finance marketplace company to form Engine by MoneyLion earlier this year, the company’s enterprise business which ramped up to expand its marketplace services more broadly. Drawing from insights gained in its consumer business, MoneyLion effectively broadened its capabilities and democratized best-in-class practices to optimize its enterprise offering. Today, MoneyLion has created a holistic embedded finance model that it reports seamlessly integrates with enterprise systems, allowing businesses to offer personalized banking, wealth management and lending services. MoneyLion has leveraged the success of its enterprise marketplace to assess what type of services would perform well for everyday consumers and vice versa. The company has also taken advantage of a “marketplace-first” experience, pivoting its focus from solely offering first-party products to utilizing its enterprise technology to seamlessly integrate and combine its offers with other third-party providers. MoneyLion’s two-sided ecosystem, which includes consumer finance paired with enterprise-embedded finance, reached $110 million in revenue in the most recent quarter. The increase in revenue reflects a 24% increase from the previous year. In a financial landscape marked by economic uncertainty and fluctuating interest rates, MoneyLion seems to stand out with its robust revenue growth and unique approach to fintech. In many ways, MoneyLion is revolutionizing the industry, endeavoring to shake up the financial narrative and create a scalable ecosystem. As embedded finance gains even more traction heading into 2024, MoneyLion seems set to make an even greater impact on the industry. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

January 04, 2024 09:25 AM Eastern Standard Time

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SPARK Microsystems et iONE Innovation feront la démonstration d'une combinaison souris, clavier et casque de jeu sans fil haute performance au CES 2024

SPARK Microsystems

SPARK Microsystems, une société canadienne de semi-conducteurs spécialisée dans les communications sans fil à courte portée de nouvelle génération, s'associe à iONE Innovation pour démontrer l'avenir des périphériques audio et de jeu sans fil haute performance au CES 2024. S'appuyant sur la technologie SPARK Ultra-Wideband (UWB) pour offrir une réactivité supérieure au jeu, la souris, le clavier et le casque audio iONE de nouvelle génération de iONE Innovation combinent la liberté de la connectivité sans fil avec les attributs de performance des périphériques de jeu et audio filaires pour les joueurs à la recherche d'un avantage concurrentiel et d'une expérience de divertissement optimaux. SPARK UWB franchit la barrière des performances pour les périphériques de jeu sans fil en offrant une fréquence d'interrogation allant jusqu'à 8 000 Hz et une latence de 0.15 ms pour le transfert des données, qui est aussi importante que la fréquence d'interrogation. Dans le domaine des jeux, cela permet aux joueurs de rester parfaitement synchronisés avec l'action à l'écran, pour une réactivité plus rapide et des performances de jeu supérieures. Il permet également de transférer en temps réel des grandes quantités de données de capteur à partir de la souris sans en affecter la fidélité, contrairement à d'autres technologies sans fil. SPARK UWB contourne les problèmes d'encombrement et d'interférence du signal communs à Bluetooth et à la connectivité propriétaire 2,4 GHz et présente un profil d'alimentation extrêmement faible pour garantir une longue durée de fonctionnement entre les charges de l'appareil, pour un jeu ininterrompu. S'appuyant sur la technologie SPARK UWB Audio pour offrir un son pur et sans perte, la nouvelle génération de casques audio A12 à très faible latence d'iONE Innovation combine la commodité du sans fil avec la qualité audio inégalée et les avantages de la connectivité filaire en termes de faible latence. La technologie audio UWB révolutionnaire de SPARK offre une latence exceptionnellement faible de seulement 5 ms pour assurer une synchronisation audio-vidéo précise, complétée par la capacité de fournir des données audio non compressées. Contrairement aux casques Bluetooth traditionnels, la technologie SPARK UWB Audio prend en charge un débit de données élevé, permettant la transmission d'un son sans perte qui n'est pas compromis par la compression ou la dégradation. « Chez iONE, nous étudions la façon dont nos clients utilisent leurs appareils numériques, et nos concepteurs et ingénieurs s'efforcent de créer une meilleure expérience avec ces appareils », a déclaré M. Charles Chen, PDG de iONE Innovation. « Les nouveaux périphériques de jeu et audio iONE que nous avons innovés avec la technologie UWB de SPARK illustrent cet esprit - nous aidons les joueurs à atteindre un nouveau niveau de performance audio et de jeu sans fil, dépassant les capacités de la technologie existante. » « SPARK est fier de présenter ses innovations au CES 2024 aux côtés d'iONE Innovation, un leader respecté de l'industrie dans la conception de matériel audio et de jeu de haute performance », a déclaré Raphael Mehrbians, CMO, SPARK Microsystems. « En exploitant la technologie UWB de SPARK dans ses conceptions de nouvelle génération, iONE Innovation donne aux joueurs les moyens d'atteindre de nouveaux niveaux de performance de jeu et une scène sonore inégalée. » Les participants au CES 2024 sont invités à visiter la suite Palazzo exclusive de SPARK pour découvrir en avant-première la nouvelle génération de souris, de claviers et de casques d'iONE Innovation dotés de la technologie sans fil UWB de SPARK. Pour plus d'informations ou pour planifier une session de démonstration privée à l'avance, contactez spark@rainierco.com. À propos de iONE Innovation Inc Chez iONE, notre mission est de produire des solutions de pointe pour aider les gens à mieux profiter du monde numérique. Nous avons créé notre slogan "Innovative Lifestyle" sur la base de cette conviction. iONE est un fabricant professionnel et un fournisseur de solutions pour les périphériques de jeu et les appareils audio sans fil Bluetooth. Avec plus de 30 ans d'expérience dans la conception et la fabrication professionnelles de périphériques informatiques, nous disposons de produits complets et de solutions de pointe. Pour plus d'informations, veuillez consulter le site www.ione.com.tw. À propos de SPARK Microsystems SPARK Microsystems construit la prochaine génération de dispositifs de communication sans fil à courte portée. SPARK UWB fournit des liaisons de communication sans fil à haut débit et à très faible latence avec un profil de puissance ultra-faible, ce qui le rend idéal pour les réseaux personnels (PAN) utilisés dans les produits mobiles, grand public et connectés à l'IoT. S'appuyant sur des technologies brevetées, SPARK Microsystems s'efforce de minimiser et, à terme, d'éliminer les fils et les batteries d'un large éventail d'applications. Pour plus d'informations, veuillez consulter le site www.sparkmicro.com. Contact Details Jenna Beaucage +1 508-340-6851 jbeaucage@rainierco.com Company Website https://www.sparkmicro.com

January 04, 2024 09:24 AM Eastern Standard Time

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SPARK Microsystems and iONE Innovation to Demonstrate High-Performance Wireless Gaming Mouse, Keyboard and Headset Combination at CES 2024

SPARK Microsystems

SPARK Microsystems, a Canadian fabless semiconductor company specializing in next-generation short-range wireless communications, is partnering with iONE Innovation to demonstrate the future of high-performance wireless gaming and audio peripherals at CES 2024. Leveraging SPARK Ultra-Wideband (UWB) technology to deliver superior gameplay responsiveness, iONE Innovation’s next generation iONE mouse, keyboard, and audio headset combine the freedom of wireless connectivity with the performance attributes of wired gaming and audio devices for gamers seeking the utmost competitive advantage and entertainment experience. SPARK UWB breaks the performance barrier for wireless gaming peripherals by delivering polling rate performance up to 8,000 Hz, and 0.15 ms latency data transfer that is as important as the polling rate. In the gaming arena, this ensures that players stay perfectly in sync with the on-screen action for faster responsiveness and superior gaming performance. It also allows for rich sensor data to be transferred from the mouse in real time without affecting the fidelity of the data, unlike other wireless technologies. SPARK UWB sidesteps the signal congestion and interference issues common to Bluetooth and proprietary 2.4 GHz connectivity and features an extremely low power profile to help ensure long uptime between device charges for uninterrupted gameplay. Leveraging SPARK UWB Audio technology to deliver pristine, lossless audio, iONE Innovation’s next generation A12 ultra-low latency audio headsets combine the convenience of wireless with the unparalleled audio quality and low latency advantages of wired connectivity. SPARK's groundbreaking UWB Audio technology provides exceptionally low latency of just 5 ms to ensure precise audio-video synchronization, complemented with the ability to deliver uncompressed audio data. Unlike traditional Bluetooth headsets, SPARK UWB Audio technology supports high data throughput, enabling the transmission of lossless audio that’s uncompromised by compression or degradation. “At iONE, we study how our customers use their digital devices, and our designers and engineers strive to help create a better experience with those devices,” said Mr. Charles Chen, CEO, iONE Innovation. “The new iONE gaming and audio peripherals we’ve innovated with SPARK UWB technology exemplify this spirit – we’re helping gamers achieve a new level of wireless gaming and audio performance, surpassing the capabilities of legacy technology.” “SPARK is proud to showcase our innovations at CES 2024 alongside iONE Innovation, a respected industry leader in high-performance gaming and audio hardware design," said Raphael Mehrbians, CMO, SPARK Microsystems. "By harnessing SPARK UWB technology in its next generation designs, iONE Innovation is equipping gamers to achieve new levels of gameplay performance and an unparalleled soundstage.” CES 2024 attendees are invited to visit SPARK’s exclusive Palazzo Suite to preview iONE Innovation’s next generation mouse, keyboard and headset featuring SPARK UWB wireless technology. For more information or to schedule a private demo session in advance, contact spark@rainierco.com. About iONE Innovation Inc At iONE our mission is to produce cutting edge solutions to help people better enjoy the digital world. We created our slogan "Innovative Lifestyle" based on this belief. iONE is a professional manufacturer and solution provider of gaming peripherals and Bluetooth wireless audio devices. With more than 30 years of experience in professional designing and manufacturing of computer peripherals, we have complete products and leading solutions. For more information, please visit www.ione.com.tw. About SPARK Microsystems SPARK Microsystems is building next generation short-range wireless communication devices. SPARK UWB provides high data rate and very low latency wireless communication links at an ultra-low power profile, making it ideal for personal area networks (PANs) used in mobile, consumer and IoT-connected products. Leveraging patented technologies, SPARK Microsystems strives to minimize and ultimately eliminate wires and batteries from a wide range of applications. For more information, please visit www.sparkmicro.com. About SPARK Microsystems​ SPARK Microsystems is building next generation short-range wireless communication devices. SPARK provides high data rate and very low latency wireless communication links at an ultra-low power profile, making it ideal for personal area networks (PANs) used in mobile, consumer and IoT-connected products. Leveraging patented technologies, SPARK Microsystems strives to minimize and ultimately eliminate wires and batteries from a wide range of applications while delivering a wired-like performance. For more information, please visit www.sparkmicro.com.​ Contact Details Jenna Beaucage +1 508-340-6851 jbeaucage@rainierco.com Company Website https://www.sparkmicro.com

January 04, 2024 09:20 AM Eastern Standard Time

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SPARK Microsystems et XPG feront la démonstration d'une nouvelle catégorie de périphériques de jeu sans fil haute performance au CES 2024

SPARK Microsystems

SPARK Microsystems, une société canadienne de semi-conducteurs spécialisée dans les communications sans fil à courte portée de nouvelle génération, s'associe à XPG au CES 2024 pour démontrer la prochaine évolution de la connectivité sans fil pour les périphériques de jeu et d'esports. Exploitant la technologie Ultra-Large Bande (UWB) de SPARK pour offrir une réactivité de jeu supérieure de la souris au clavier en passant par le casque, la technologie de jeu de nouvelle génération MOJO de XPG permet d'atteindre un nouveau niveau de performance de jeu inatteignable avec le Bluetooth traditionnel et la connectivité sans fil propriétaire de 2.4 GHz. L'écosystème complet de périphériques de jeu de XPG combine la liberté de la connectivité sans fil avec les attributs de performance des dispositifs de jeu filaires pour les joueurs cherchant à aiguiser leur avantage compétitif. Les performances exceptionnelles de la connectivité sans fil à courte portée SPARK UWB permettent d'utiliser un écosystème complet de périphériques de jeu XPG à l'aide d'un seul dongle USB. Individuellement, les périphériques esports sans fil de XPG offrent les meilleures performances de leur catégorie, telles qu'un taux d'interrogation de la souris de 8 000 Hz, une réactivité du clavier de 0,5 milliseconde de latence et des casques permettant un son non compressé de haute qualité avec moins de 5 ms de latence (de TX à RX). Ces avantages permettent aux joueurs de rester parfaitement synchronisés avec l'action à l'écran pour une réactivité plus rapide et des performances de jeu supérieures, complétées par une expérience audio de jeu considérablement plus détaillée que ce qui est possible avec la connectivité traditionnelle, avec une qualité de microphone/voix améliorée pour une communication plus claire avec les coéquipiers et les concurrents. SPARK UWB contourne également les problèmes d'encombrement et d'interférence du signal communs à Bluetooth et à la connectivité propriétaire 2,4 GHz, et présente une consommation d'énergie extrêmement faible, jusqu'à 1,7 fois supérieure à celle du XPG Alpha Wireless, afin de garantir un temps de fonctionnement prolongé entre les charges de l'appareil, pour un jeu ininterrompu. « Après des années d'évaluation, nous avons enfin trouvé en SPARK un partenaire capable de concrétiser notre vision d'un écosystème intelligent d'appareils qui interagissent les uns avec les autres de multiples façons, non seulement pour fournir des niveaux professionnels de faible latence sans fil, mais aussi pour nous donner la possibilité de résoudre des problèmes fondamentaux tels que la facilité d'installation et la stabilité », a déclaré Luca Di Fiore, responsable des produits chez Xtreme Performance Gear. « XPG MOJO se positionne comme l'écosystème sans fil le plus avancé de dispositifs de jeu dans l'industrie, défiant ouvertement les marques établies d'aujourd'hui ». « SPARK est fier de présenter ses innovations au CES 2024 aux côtés de XPG, un leader visionnaire en matière de périphériques et de composants de jeu haute performance », a déclaré Raphael Mehrbians, CMO, SPARK Microsystems. « En exploitant la technologie UWB de SPARK dans l'ensemble de son écosystème de produits, XPG équipe les joueurs d'une série de périphériques sans fil pour atteindre - pour la première fois - une liberté de mouvement sans fil sans aucun compromis en termes de latence, de réactivité ou de qualité audio ». La technologie UWB de SPARK est prête à transformer plusieurs applications sans fil à courte portée, y compris les dispositifs audio pour consommateurs allant des casques et écouteurs sans fil aux systèmes de haut-parleurs. Avec SPARK UWB, ces dispositifs peuvent combiner la commodité du sans fil avec la qualité audio inégalée et les avantages de faible latence de la connectivité filaire. La technologie SPARK UWB prend en charge un débit de données élevé, permettant la transmission d'audio sans perte qui conserve la qualité de la source audio originale telle qu'elle était destinée à être entendue - sans compromis dus à la compression ou à la dégradation. Les participants au CES 2024 sont invités à se rendre au Venetian, Titian #2306 pour découvrir en avant-première la nouvelle génération de périphériques de jeu de XPG intégrant la technologie sans fil SPARK UWB. Pour plus d'informations ou pour planifier une session de démonstration privée à l'avance, contactez XPG Brand Marketing - Media Relations à l'adresse PRglobal@xpg.com. À propos de XPG XPG (XTREME PERFORMANCE GEAR) a été créé par ADATA pour fournir des produits de haute performance aux joueurs, aux professionnels de l'esport et aux passionnés de technologie. Nous nous engageons à développer des produits offrant des performances extrêmes et travaillons donc en étroite collaboration avec la communauté du jeu et de l'esport afin de mieux comprendre les besoins réels des utilisateurs. Nous proposons une gamme complète de produits, des systèmes aux composants, en passant par les périphériques et les appareils, et nous les créons en respectant les normes les plus strictes en matière de stabilité, de fiabilité et de performance. Nous développons également des produits au design épuré qui nous ont valu plusieurs récompenses internationales prestigieuses, telles que iF Design et Good Design. Au-delà des produits, nous jouons un rôle actif en sponsorisant et en soutenant des événements et des équipes esports dans le monde entier, afin d'offrir des expériences de jeu extrêmes au plus haut niveau. À propos de SPARK Microsystems SPARK Microsystems construit la prochaine génération de dispositifs de communication sans fil à courte portée. SPARK UWB fournit des liaisons de communication sans fil à haut débit et à très faible latence avec un profil de puissance ultra-faible, ce qui le rend idéal pour les réseaux personnels (PAN) utilisés dans les produits mobiles, grand public et connectés à l'IoT. S'appuyant sur des technologies brevetées, SPARK Microsystems s'efforce de minimiser et, à terme, d'éliminer les fils et les batteries d'un large éventail d'applications. Pour plus d'informations, veuillez consulter le site www.sparkmicro.com. About SPARK Microsystems​ SPARK Microsystems is building next generation short-range wireless communication devices. SPARK provides high data rate and very low latency wireless communication links at an ultra-low power profile, making it ideal for personal area networks (PANs) used in mobile, consumer and IoT-connected products. Leveraging patented technologies, SPARK Microsystems strives to minimize and ultimately eliminate wires and batteries from a wide range of applications while delivering a wired-like performance. For more information, please visit www.sparkmicro.com.​ Contact Details Jenna Beaucage +1 508-340-6851 jbeaucage@rainierco.com Company Website https://www.sparkmicro.com

January 04, 2024 09:18 AM Eastern Standard Time

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SPARK Microsystems and XPG to Demonstrate New Class of High-Performance Wireless Gaming Peripherals at CES 2024

SPARK Microsystems

SPARK Microsystems, a Canadian fabless semiconductor company specializing in next-generation short-range wireless communications, is partnering with XPG at CES 2024 to demonstrate the next evolution in wireless connectivity for gaming and esports peripherals. Leveraging SPARK Ultra-Wideband (UWB) technology to deliver superior gameplay responsiveness from mouse to keyboard to headset, XPG’s next generation MOJO gaming technology enables a new level of gaming performance that’s unachievable with legacy Bluetooth and proprietary 2.4 GHz wireless connectivity. XPG’s end-to-end ecosystem of gaming peripherals combines the freedom of wireless connectivity with the performance attributes of wired gaming devices for gamers seeking to sharpen their competitive edge. The breakthrough performance delivered with SPARK UWB short-range wireless connectivity enables a full ecosystem of XPG gaming peripherals using a single USB dongle. Individually, XPG’s wireless esports peripherals deliver best in class performance such as mouse polling rate at 8,000 Hz, 0.5 milliseconds latency keyboard responsiveness, and headsets enabling high quality, uncompressed audio with less than 5 ms latency (from TX to RX). These advantages ensure that gamers stay perfectly in sync with the on-screen action for faster responsiveness and superior gaming performance, complemented with a gaming audio experience that’s considerably more detailed than what’s possible with legacy connectivity, with improved microphone/voice quality for clearer communication with teammates and competitors. SPARK UWB also sidesteps the signal congestion and interference issues common to Bluetooth and proprietary 2.4 GHz connectivity, and features an extremely low power consumption up to 1.7 times longer than XPG Alpha Wireless to help ensure long uptime between device charges for uninterrupted gameplay. “After years of evaluations, we finally found a partner in SPARK that can truly enable our vision of a smart ecosystem of devices that interact with each other in multiple ways, not only to deliver professional esports levels of wireless low latency, but also giving us the chance to solve fundamental quests like ease of setup and stability,” said Luca Di Fiore, Head of Products at Xtreme Performance Gear. “XPG MOJO delivers on being the most advanced wireless ecosystem of gaming devices in the industry, openly challenging today’s blazoned brands.” “SPARK is proud to showcase our innovations at CES 2024 alongside XPG, a visionary leader in high-performance gaming peripherals and components," said Raphael Mehrbians, CMO, SPARK Microsystems. "By harnessing SPARK UWB technology throughout its product ecosystem, XPG is equipping gamers with a series of wireless peripherals to achieve – for the first time – wireless freedom of movement with zero compromises in latency, responsiveness or audio quality.” SPARK’s UWB technology is poised to transform several short-range wireless applications, including consumer audio devices ranging from wireless headphones and headsets to speaker systems. With SPARK UWB, these devices can combine the convenience of wireless with the unparalleled audio quality and low latency advantages of wired connectivity. SPARK UWB technology supports high data throughput, enabling the transmission of lossless audio that retains the quality of the original audio source as it was intended to sound – uncompromised by compression or degradation. CES 2024 attendees are invited to visit Venetian, Titian #2306 to preview XPG’s next generation gaming peripherals featuring SPARK UWB wireless technology. For more information or to schedule a private demo session in advance, contact XPG Brand Marketing – Media Relations at PRglobal@xpg.com. About XPG XPG (XTREME PERFORMANCE GEAR) was established by ADATA to provide high-performance products to gamers, esports pros, and tech enthusiasts. We are committed to developing products that deliver extreme performance and therefore work closely with the gaming and esports community to gain insight into the real needs of users. We provide a full range of products from systems, components, peripherals to devices, and create them with the highest standards of stability, reliability, and performance in mind. We also develop products with sheer, cool designs that have earned us several prestigious international awards, such as iF Design and Good Design. Beyond products, we play an active role in sponsoring and supporting esports events and teams globally to realize extreme gaming experiences at the highest levels. About SPARK Microsystems SPARK Microsystems is building next generation short-range wireless communication devices. SPARK UWB provides high data rate and very low latency wireless communication links at an ultra-low power profile, making it ideal for personal area networks (PANs) used in mobile, consumer and IoT-connected products. Leveraging patented technologies, SPARK Microsystems strives to minimize and ultimately eliminate wires and batteries from a wide range of applications. For more information, please visit www.sparkmicro.com. About SPARK Microsystems​ SPARK Microsystems is building next generation short-range wireless communication devices. SPARK provides high data rate and very low latency wireless communication links at an ultra-low power profile, making it ideal for personal area networks (PANs) used in mobile, consumer and IoT-connected products. Leveraging patented technologies, SPARK Microsystems strives to minimize and ultimately eliminate wires and batteries from a wide range of applications while delivering a wired-like performance. For more information, please visit www.sparkmicro.com.​ Contact Details Jenna Beaucage +1 508-340-6851 jbeaucage@rainierco.com Company Website https://www.sparkmicro.com

January 04, 2024 09:15 AM Eastern Standard Time

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