Society Pass Inc (Nasdaq: SOPA) Reports 1Q 2022 Financial Results, Sees 4,582% Year on Year Revenue Growth and Cash on Hand Growth of 33% from year 2021

SINGAPORE, May 12, 2022 – (ACN Newswire) – Society Pass Incorporated (Nasdaq: SOPA) ("SoPa" or the "Company"), Southeast Asia's leading loyalty and ecommerce ecosystem, announced that first quarter 2022 revenues grew 4,582% year on year (from $9,506 for first quarter ended 31 March 2021 to $445,090 for first quarter ended 31 March 2022). The Company also reported cash on hand grew over 33% from $23.3 million on 31 December 2021 to $31.0 million on 31 March 2022.

With the closed acquisitions of the Pushkart and Handycart business units, SoPa has amassed over 1.6 million registered consumers and 5,500 registered merchants/brands onto its ever expanding ecosystem.

Society Pass expects to file its 1Q 2022 Form 10-Q with the Securities and Exchange Commission later this month. During the first quarter 2022, the Company completed the corporate restructuring of its subsidiary Leflair's Vietnam operations into Leflair Group, an integrated lifestyle retail ecosystem to capture Southeast Asia's fast growing 100B+ USD retail market, as well as the integration of its recent food and beverage delivery acquisitions, Pushkart and Handycart, onto the SoPa ecosystem.

Commenting on Society Pass' strong business growth and future plans, Dennis Nguyen, Founder, Chairman and CEO of Society Pass said, "Our robust revenue growth validates our acquisitions focused operating model. Leflair continues to be our main revenue contributor as we gear up our latest acquisitions Pushkart and Handycart to become leaders their respective markets. As a result of our corporate restructuring process, Leflair Group is now set to become Southeast Asia's next lifestyle retail super distributor nexus, evolving from a single discounted platform to a lifestyle retail ecosystem. We are poised to achieve new highs in 2022 as we build out our next generation loyalty platform as well as opportunistically acquire market leading companies in the food & beverage delivery, travel, digital advertising and telecoms verticals."

The Company plans to launch Society Pass loyalty platform in 2Q 2022, which it expects to drive customer retention for merchants. In addition, SoPa plans to make additional acquisitions in 2Q 2022 that will generate increased revenues and optimise cost efficiencies as part of the expanding SoPa ecosystem.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in Southeast Asia. Through the acquisitions of market-leading companies and partnerships with visionary entrepreneurs in six distinct B2C e-commerce verticals: lifestyle, food & beverage delivery, travel, digital marketing, telecoms and food and beverage ordering, the Company meets SEA's growing demand for better and more convenient online services.

About Society Pass

As a loyalty and data marketing ecosystem, Society Pass operates multiple e-commerce platforms across its key markets in SEA. Its business model focuses on collecting user data through the expected launch of its Society Pass loyalty platform and circulation of its universal loyalty points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass provides merchants with #HOTTAB Biz and #HOTTAB POS – a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user profile analytics, and convenient financial support packages for small and medium-sized enterprises.

In addition, SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, and Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam. For more information, please check out: http://thesocietypass.com/.

Forward Looking Statements

The information contained herein may contain "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to the view of management of the Company concerning its business strategy, future operating results and liquidity and capital resources outlook. Forward-looking statements are based on the Company's current expectations and assumptions regarding its business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The Company's actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Factors or events that could cause the Company's actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Green Power Reserves Becomes Equity Partner in Pacific Green’s 99.98 Mw Richborough Energy Park Battery Development

DOVER, DE, May 12, 2022 – (ACN Newswire) – Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces that it has entered into an agreement with Green Power Reserves Limited ("GPR"), wherein GPR has made an equity investment of GBP13 million (US$16.0 million) for a fifty percent shareholding in Pacific Green Battery Energy Parks 1 Limited ("PGBEP").

The proceeds from the investment will be used to provide the equity financing for the construction of the 99.98 MW battery energy storage system ("BESS") the Company is developing in Kent, England. As part of the investment, Paolo Revelli, Managing Director of GPR, has agreed to join the Board of Directors of PGBEP and its subsidiary, Richborough Energy Park Limited.

Scott Poulter, PGTK's Chief Executive, commented: "Paolo is a veteran portfolio manager who has been a pioneer in the renewables sector in the UK and Europe. We are delighted to have GPR as partners in developing Richborough Energy Park."

Paolo commented: "The BESS market in the UK is a rapidly-growing sector in the renewable energy mix, finding a partner capable of delivering projects at grid-scale was critical for us. Having seen Pacific Green's rapid transition from a single technology supplier in the marine industry to a fully-integrated renewable energy developer, we are confident in Pacific Green's delivery capabilities."

Scott added, "We are very pleased to have reached this milestone with Richborough Energy Park, as part of Pacific Green's 1.1 GW UK-based pipeline. With a grid connection in mid-2023, I anticipate many more updates with project milestones and new energy project announcements over the next weeks and months."

About Pacific Green Technologies, Inc.

Pacific Green Technologies, Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The Company offers BESS, Concentrated Solar Power (CSP) and Photovoltaic (PV) energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK's website: www.pacificgreentechnologies.com

About Green Power Reserves Limited

GPR, which is led by Paolo Revelli, is a special purpose vehicle focusing on battery storage in the UK. Mr. Revelli was formerly a Managing Director at Morgan Stanley and is currently a director of Quainstone Limited.

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the construction of the 99.98 MW BESS the Company is to develop in Kent; and any potential business developments in the UK and future interest in the Company's battery, solar and emissions control technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, the continuation of the investment and the ongoing impact of the COVID-19 pandemic. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in the Company's annual report on Form 10-K for the most recent fiscal year, the Company's quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Mitrade wins two esteemed awards at Forex Broker Award 2022

MELBOURNE, May 12, 2022 – (ACN Newswire) – Australian Forex and OTC derivatives trading broker Mitrade has received two esteemed awards by FxDailyInfo at the Forex Broker Award 2022.


Mitrade wins two esteemed awards at Forex Broker Award 2022


Mitrade has been crowned the Most Innovative Broker 2022 and the Best Trading Platform 2022. The awards are given by FxDailyInfo, which rewards Forex brokers for consistent innovation and intuitive trading platforms. To declare winners, FxDailyInfo also takes into account several key factors including ground-breaking technology, cross-platform compatibility, responsive customer service, risk management, and fast growth.

"We are profoundly humbled to receive these distinguished awards. We take this double win as a recognition of our hard work and commitment to make trading easy for all. This milestone is an inspirational motivation for our team, that we are on the right track. This achievement has encouraged our team to bring even more innovation to our trading system and make Mitrade a leading Forex trading platform. Our team strives to make our trading platform more intuitive in the future," said a representative of Mitrade.

Mitrade went through a massive structural overhaul of its team and resources in 2019. It introduced a proprietary web trading platform, which immediately started gaining worldwide attention and engagement due to its simple user interface and smooth function. Later on, the innovative WebTrader was complemented by mobile apps for Google Play and iOS. The mobile apps brought cross-platform compatibility to Mitrade, making trading on the go possible for everyone.

Earlier this year, Mitrade also bagged four 2022 awards from International Business Magazine — Most Trusted Broker Asia, Best Forex Educational Resources Global, Most Transparent Forex Broker Global and Best Trading Platform Australia.

Continuing its innovation streak, Mitrade has recently upgraded its mobile app with cutting edge features. The app now comes with a built-in economic event calendar that lets traders forecast market trends and craft a winning trading strategy ahead of potential market movements. The mobile app also has a tiered trading educational portal, which guides both beginners and experts.

This innovative spirit has won Mitrade many prestigious awards and added to its immense popularity among the global trading community. Mitrade's evolving technology, dynamic research tools, and instant-response 24/7 customer service fueled its growth to over 1,100,000 customers in a short span of three years. The Mitrade app on Google Play has surpassed 1 million downloads.

In addition, Mitrade has also won the Most Innovative Forex Fintech Broker 2021 by Global Brands Magazine and Best Mobile Trading Platform 2020 by Forex Awards. More information can be found at www.mitrade.com/about-us/awards.

For media inquiries, please contact Ms Belle Toh at belle.toh@mitrade.com.

About Mitrade
Mitrade is an innovative financial technology group and Forex trading leader. It operates under strict regulations by the Mauritius Financial Services Commission (FSC), Australian Securities and Investments Commission (ASIC) and the Cayman Islands Monetary Authority (CIMA). Mitrade was founded by technology experts and finance veterans who had a mission to simplify trading through consistent innovation. With its self-developed proprietary trading platform, Mitrade is pursuing its mission to provide simplified trading to all. Explore Mitrade at www.mitrade.com.

Mitrade's OTC derivatives trading contains leverage which can cause the loss of your entire capital.


Source: Mitrade Holding Ltd

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Q&M Dental net profit, excluding other gains or losses, increased by 25% to S$7.2 million on S$46.8 million of revenue for quarter ended 31 March 2022

SINGAPORE, May 12, 2022 – (ACN Newswire) – Q&M Dental Group (Singapore) Limited, a leading private dental healthcare group in Asia, reported net profit excluding other gains or losses attributable to shareholders of S$7.2 million for the quarter ended 31 March 2022 (1Q2022) compared to S$5.8 million in the corresponding period (1Q2021).



Dr Ng Chin Siau, Chief Executive Officer of Q&M Dental said, "We are heartened by our continuous strong performance in 1Q2022 following a record-setting year FY2021. Our core dental business will remain strong, and with the abolishing of most of the pandemic restrictions, a positive impact on the economy, we are looking forward to resuming our growth trajectory of expanding our network of clinics in the coming quarters."

Growth & Expansion in Operations

As at 31 March 2022, the Group's number of dental outlets in Singapore has grown to 99, from 85 as at 31 March 2021. Similarly in Malaysia, the number of dental outlets has increased to 41, as compared to 36 previously.

The Group also continues to focus on its expansion into medical diagnostics, with its associated Company, Aoxin Q&M Dental Group Limited and through its recent acquisition of 49% shareholding of Acumen Diagnostics Pte. Ltd., raising Q&M's effective interest in Acumen Diagnostics from 51% to 67%. In the near term, Acumen Diagnostics' clinical testing laboratory will roll out its pipeline of new tests, including PCR assays for dengue, sepsis and, identification of bacterial pathogens and their associated antibiotics resistance in pneumonia and bloodstream infections. Its longer-term plans include the development of new vaccines.

For 1Q2022, revenue contribution from dental and medical clinics was relatively unchanged with a marginal decrease of 2% to S$38.6 million, despite the challenges of the tightening of Safe Management Measures (SMM) due to the rapid spread of the Omicron variant. Revenue contribution from medical laboratory and dental equipment & supplies segment surged by 80% to S$8.2 million on the back of increased revenue from Covid-19 testing from Acumen Diagnostics, the Group's medical laboratory business, which obtained its medical laboratory license in September 2020.

The Group's net profit after tax excluding other gains or losses for 1Q2022 increased by 25% to S$7.2 million, from S$5.8 million in the corresponding period last year, translating to an earnings per share of 0.69 Singapore cent.

As at 31 March 2022, the Group had cash and cash equivalents of S$43.5 million with net assets of S$94.9 million. This translates to Net Asset Value per share of 10.10 cents per share.

Outlook & Further Expansion Plans

With the opening up of the Singapore economy gathering pace in 2022, the country expects to see businesses ramping up in most sectors with those that were most severely affected by the pandemic like F&B, tourism to especially benefit. The government is forecasting GDP growth of between 3.0 to 5.0% in 2022, Barring any major changes in the global macroeconomic and political situation or any new adverse developments in the evolving Covid-19 situation, the Group is cautiously optimistic on its business outlook.
The Group intends to continue executing the business plans outlined below:

– Expansion of network of dental clinics in Singapore and Malaysia

The Group currently operates 99 clinics in Singapore. With the economy opening up in 2022, the Group will also intensively increase its reach through organic growth of its dental clinic network in Singapore. This will be supported by an expansion of its team of dentists to undergird the future growth of its operations in Singapore. We will continue to develop, invest and optimise our digital Artificial Intelligence (AI) guided clinical decision support system to provide the most effective and suitable treatment plans for patients. The Group believes it is well-positioned to cater to the rising demand for primary and high-value specialist dental healthcare services of its patients.

Currently, the Group operates 41 clinics in Malaysia. The clinics are located in Johor (16 dental clinics), Kuala Lumpur (9 dental clinics), Selangor (11 dental clinics), Melaka (4 dental clinics) and 1 dental clinic in Negeri Sembilan.

The Group intends to open at least 30 dental clinics a year from 2021 onwards in Singapore and Malaysia for the next 10 years. The eventual number of dental outlets will depend on available opportunities, pertinent market conditions and the evolving Covid-19 situation.

– Expansion into private dental healthcare market in the People's Republic of China ("PRC")

The main thrust of the Group's proposed expansion in PRC is through organic growth to develop a new and sustainable growth pillar that can yield long term value for the Group.

– Expansion in Southeast Asia

The Group is continuously looking out for strategic opportunities to expand its dental business and regional footprint to other Southeast Asian countries.

– Medical Laboratory

The Group will focus on rolling out its clinical testing laboratory pipeline of new tests including PCR assays for dengue sepsis and identification of bacterial pathogens and their associated antibiotics resistance in pneumonia and bloodstream infections.

Please see links for PDF documents from SGXNET.
Results: https://tinyurl.com/QnM-1Q2022-Result
Press Release: https://tinyurl.com/QnM-1Q-2022-Release

About Q&M Dental Group (Singapore) Limited (QC7.SI)

Q&M Dental Group (Singapore) Limited (QC7.SI) ("Q&M" or together with its subsidiaries, the "Group") is a leading private dental healthcare group in Asia.

The Group owns the largest network of private dental outlets in Singapore, operating 99 dental outlets across the country. Underpinned by about 290 experienced dentists and over 350 supporting staff, the Group sees an average of 40,000 patient visits a month in Singapore. The Group also operates 5 medical clinics and a dental supplies and equipment distribution company.

Outside of Singapore, the Group has 41 dental clinics and a dental supplies and equipment distribution company in Malaysia, as well as a dental clinic in the People's Republic of China ("PRC"). Q&M is also the substantial shareholder of Aoxin Q&M Dental Group Limited, a dental Group listed on the Catalist board of the Singapore Exchange that operates dental clinics and hospitals primarily in the north- eastern region of the PRC. The Group aims to expand its operations geographically and vertically through the value chain in Malaysia, the PRC and within the ASEAN region.

The Q&M College of Dentistry was established in 2019 to offer postgraduate dental education as part of its commitment to continual education and professional development of dentists. It offers Singapore's first private postgraduate diploma programme in clinical dentistry.

In 2020, the Group expanded into the medical laboratories and research industry with the strategic investment into Acumen Diagnostics Pte. Ltd. ("Acumen"). Acumen currently focuses on the manufacture, sale and distribution of COVID-19 diagnostic test kits, as well as COVID-19 testing. It is also working to roll out a pipeline of new tests, including PCR assays for dengue, sepsis and, identification of bacterial pathogens and their associated antibiotics resistance in pneumonia and bloodstream infections.

EM2AI Pte Ltd, a wholly-owned subsidiary of the Group that focuses on developing AI-powered solutions to diagnosis and treatment planning has rolled out IDMS, enabling dentists within the Group's network to administer ethical treatment plans for patients.

The Group was listed on the Mainboard of the Singapore Exchange Securities Trading Limited ("SGX- ST") on 26 November 2009. For more information on the Group, please visit www.QandMDental.com.sg

For more information, please contact:
Waterbrooks Consultants Pte Ltd
Wayne Koo
Tel: +65 9338-8166
Email: wayne.koo@waterbrooks.com.sg

Derek Yeo
Tel: +65 9791-4707
Email: derek@waterbrooks.com.sg

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers for Crypto, Machine Learning

ALBANY, NY, May 12, 2022 – (ACN Newswire) – Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. ("SCI"), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in the energy, food, water, waste and transportation industries. The capital will help develop three behind-the-meter (BTM) projects designed to convert wasted renewable energy into clean computing services such as bitcoin mining and artificial intelligence.

"Soluna is the only true green bitcoin company we've yet seen," said Rob Day, Spring Lane Capital Partner and Co-Founder. "Going after wasted renewable energy 'spilled power' is a compelling solution and fixes both bitcoin's climate problem and wind power's grid problem."

Michael Toporek, CEO of Soluna Holdings, Inc. said, "Consistent with our previously articulated strategy, we continue to pursue opportunities that we believe enable us to optimize our cost of capital. The Spring Lane Capital approach helps us develop a mature repeatable model that can be scaled."

The first of the three projects, Dorothy, named in honor of African American mathematician and human computer Dorothy Vaughan, is expected to be energized later this summer and coincide with the launch of a local STEM program. The Dorothy project is a 100 MW data center with a 50 MW initial phase, connected to a Texas wind farm that produces more electricity than the grid can consume. Soluna's data center is currently estimated to create between 25 to 50 highly skilled jobs for technicians, security and electrical staff.

The other two projects funded by the new capital will come from Soluna's robust pipeline.

John Belizaire, CEO of Soluna Computing, Inc., said, "We are honored to have a pioneering sustainability project finance firm like Spring Lane Capital back our vision. Our model of leveraging excess clean energy to generate low-cost computing is the future of green bitcoin mining and green data centers."

Spring Lane Capital has a successful track record helping sustainable technology companies raise capital to build flagship projects. Their 'hybrid project capital' approach provides project equity along with additional growth capital.

Added Day: "Soluna is driving demand for clean power by giving a floor price and improving the bottom line of the renewable power partners they work with. The ultimate result is more wind farms and solar farms that would not otherwise be built."

At power plants like the wind farm where the Dorothy project is under construction, excess energy is wasted when the grid becomes overloaded or demand is too low. Soluna's scalable solution allows every excess megawatt to be used for batch-oriented, computing-intensive processes, such as cryptocurrency mining and machine learning. Additionally, flexible demand consumers help stabilize the grid by preventing power overload, which can otherwise lead to blackouts and grid malfunction.

Last month, Soluna Holdings (SCI's Computing's parent company), sold its Albany-based MTI Instruments subsidiary for $10.75 million, expanding its focus on helping the modern grid absorb more renewable energy through flexible green data centers.

About Soluna Holdings, Inc.

Soluna Holdings, Inc. (Nasdaq: SLNH), which operates through its subsidiary, Soluna Computing, Inc. is the leading developer of green data centers that convert excess renewable energy into global computing resources. Soluna builds modular, scalable data centers for computing-intensive, batchable applications such as cryptocurrency mining, AI and machine learning. Soluna provides a cost-effective alternative to battery storage or transmission lines. Up to 30% of the power of renewable energy projects can go to waste. Soluna's data centers enable clean electricity asset owners to 'Sell. Every. Megawatt.' For more information about Soluna, please visit solunacomputing.com or follow us on LinkedIn and Twitter.

Investor Relations:
Kirin Smith, President
PCG Advisory, Inc.
646.823.8656
Ksmith@pcgadvisory.com

Media contact:
Bridgette Borst Ombres, Tigercomm
(304) 546-3788
bombres@tigercomm.us

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Novotech Sponsors Pre-ASCO China Summit: Go/No Go Decisions Based on Early Phase Oncology Trials

SYDNEY, May 12, 2022 – (ACN Newswire) – Novotech, the leading Asia Pacific biotech specialist CRO which has recently expanded its CRO services to the US, is pleased to sponsor the Pre-ASCO China Summit 2022 event titled: Go/No Go Decisions Based on Early Phase Oncology Trials ('The Summit').

The Summit will feature insights from leading Novotech experts tapping decades of oncology clinical experience in the APAC region. They include:
– Dr. Ramandeep Sharma, Senior Medical Monitor, Novotech
– Dr. Vivian Gu, Head of Clinical Development & Regulatory, CMO, Novotech China

Register here: https://www.eventbrite.com/e/pre-asco-china-2-gono-go-decisions-based-on-early-phase-oncology-trials-tickets-330427145487

Event Date:
– China Time: 9:00-10:30 AM, Saturday, May 14, 2022
– US EST Time: 9:00-10:30 PM, Friday, May 13, 2022
– US PST Time: 6:00-7:30 PM, Friday, May 13, 2022
Language: English, with Chinese simultaneous translation
Venue: Live Zoom Webinar
Moderator:
– Dr. Li Yan, CMO, Brii Biosciences; Managing Director, United States Chinese Anti-Cancer Association (USCACA)

The Summit will start with a presentation by Novotech's Senior Medical Monitor Dr. Ramandeep Sharma titled: Approaches, Experiences, and considerations for early phase go/no go.

A panel discussion will follow featuring leading clinical specialists including:
– Dr. Jin Li, Shanghai East Hospital
– Dr. Li Yan, CMO, Brii Biosciences; Managing Director, USCACA
– Dr. Ramandeep Sharma, Senior Medical Monitor, Novotech
– Dr. Vivian Gu, Head of Clinical Development & Regulatory, CMO, Novotech China
– Dr. Xiaoxia Yan, Highthink
– Dr. Jianmin Fang, Co-founder, CEO & CSO, RemeGen
– Dr. Joseph Eid, Chief Medical Officer, Hengrui
– Dr. Jon Wigginton, Senior Advisor and Chairman SAB, Cullinan Oncology; Former Head of Immuno-Oncology Early Clinical Development, BMS

Earlier this month, Novotech announced the acquisition of US CRO, NCGS as part of a US service expansion program for its global base of clients.

Novotech, which has a reputation for delivering full-service, high-quality expedited clinical trials in Asia-Pacific, can now offer its biotech clients clinical services in the US to support later phase global studies.

NCGS was established in 1984 in South Carolina with a biopharma client base. NCGS has a workforce of about 300 professionals across the US.

Novotech CEO Dr. John Moller said:

"This is a strategic move to provide US-based expertise and infrastructure for our US clients wanting trials in APAC and the US, and for our APAC clients wanting US clinical programs."

"Clients will receive seamless service, with a unified approach to systems and SOPs well developed," Moller said.

Novotech has recently been benchmarked as a top 10 CRO among the world's leading CROs, and has signed 45 Leading Site Partnership agreements over the last 3 years.

With more than 2,000 highly experienced professionals, clients benefit from strong site and Key Opinion Leader relationships, deep regulatory expertise, and the ability to accelerate clinical trials across the Asia Pacific and in particular China.

Novotech recently announced a partnership and investment in tech firm Prospection to support accelerated clinical trials with healthcare data analytics using real-world data.

Novotech has also partnered with virtual research organisation ObvioHealth to expedite trials leveraging remote technologies. This patient-centric approach improves subject retention and allows sponsors to reach populations outside major cities for clinical trial participation.

About Novotech Health Holdings

Novotech Health Holdings Pte. Ltd. ("Novotech") is a leading Asia-Pacific biotech specialist CRO and consists of two operating brands, Novotech and PPC. Novotech is a CRO with integrated labs and phase I facilities providing drug development consulting and clinical development services. It has been instrumental in the success of approximately 3,700 clinical trials across all trial phases and broad range of therapeutic areas. Novotech is well positioned to serve biopharmaceutical clients conducting clinical trials in Asia and globally. For more information visit https://novotech-cro.com/contact

Media Contact
David James
communications@novotech-cro.com
AU: +61 2 8218 2144
USA: +1 415 951 3228
Asia: +65 3159 3427

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Elevating Australia’s Scientific Acumen: Large Molecule Facility Doubles Size of Australia’s Top Bioanalytical Laboratory

Thebarton, Australia, May 12, 2022 – (ACN Newswire) – Agilex Biolabs Pty Ltd has unveiled its new building with a ribbon cutting ceremony by The Honourable Stephen Patterson MP Minister for Trade and Investment at 12:30pm on Thursday 17 February 2022 at 31 Dalgleish street Thebarton South Australia 5031.

Agilex Biolabs launched its new laboratory for the analysis of large molecule therapeutics, more than doubling the geographic area of its Adelaide campus. The addition of this 2,520 m2 facility expands the service capabilities of Australia’s most technologically advanced bioanalytical partner and brings a new point of pride to South Australia.

State-of-the-art instrument platforms and increased capacity empower drug sponsors from all over the world to succeed as they expand into the novel, promising world of large molecule therapeutics. Areas of medicine such as oncology are seeing new ways of approaching treatment due to innovative modalities like antibody-drug conjugates (ADCs) and allogeneic cell therapies. Gene therapies and vaccines created using genetic platforms such as RNA, miRNA, and siRNA need specialised tools and technology to measure critical safety and efficacy endpoints in human clinical trials. The new Agilex large molecule facility features cutting-edge bioanalytical techniques and equipment specifically designed for these fast-growing therapeutic areas, such as digital droplet quantitative RT-PCR analysis and an EliSPOT/FluoroSPOT multi-spot reader for high-sensitivity molecule detection.

Before the new Agilex large molecule facility was built, many drug sponsors conducting clinical trials in Australia would have to ship their clinical samples to labs in other countries to get important patient safety data. The expansion into this kind of support represents South Australia’s ability and willingness to accommodate the huge influx of biopharmaceutical companies from all over the world bringing their toxicology studies and clinical programs to Australia.

Adelaide’s scientific community can blossom as Agilex Biolab continues to grow. Already staffed with over 150 scientists and support personnel, the comprehensive bioanalytical service headquarters will soon reach 200 welcoming experts from all over the world to its ranks.

“The world’s most talented, driven scientists are drawn to research facilities that foster scientific advancement and cutting-edge technology—many of those people will now be coming to Adelaide,” said Agilex Biolabs CEO, Jason Valentine. “Committed investment and our local community’s support for this new center of scientific excellence will elevate South Australia’s reputation for spurring innovation and harboring success.”

The community offered their enthusiastic applause at the new facility’s official opening on Thursday afternoon. The ribbon cutting ceremony was conducted by the Minister for Trade and Investment, The Honourable Stephen Patterson MP.

Minister for Trade and Investment Stephen Patterson said the State Government had an ambitious plan to grow SA’s Health and Medical Industries sector’s contribution to the state’s economy.

“As a government, we’re working collaboratively with industry to more than double the HMI economic contribution to SA from $2.3 billion to $5 billion by 2030.

“South Australia is open for business and at the forefront of world-leading capabilities, bio-tech precincts and an academic research ecosystem that makes it the ideal place to invest and do business.”

The traditional ‘welcome to country’ and cleansing ceremony was led by local indigenous leader Jack Buckskin.

About Agilex Biolabs

Agilex Biolabs is Australia’s leading provider of bioanalytical services and toxicology studies supporting preclinical and clinical drug development. With over 25 years of specialized experience and a rapidly growing suite of full-service offerings, Agilex equips biopharma companies from United States, Asia-Pacific, and European regions with reliable, defendable data as they advance novel therapeutics through the development pipeline. By combining specialized expertise, technological innovation, and a 25-year track record, the Agilex team has successfully supported hundreds of preclinical and clinical trials from around the world. Agilex Biolabs is headquartered in Adelaide, South Australia, with additional laboratory sites in Queensland. For more information, visit https://www.agilexbiolabs.com/

Social Links
Twitter: https://twitter.com/AgilexBiolabs
LinkedIn: https://linkedin.com/agilex-biolabs
YouTube: https://www.youtube.com/channel/UCK8yK3JxXni6QhiorMUIyLA

Media Contact
Janki Patel, Marketing Associate, Agilex Biolabs
E-Mail: janki.patel@agilexbiolabs.com
Website: https://www.agilexbiolabs.com/

SOURCE: Agilex Biolabs



Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum joins World AI Show & Awards — Dubai

DUBAI, May 12, 2022 – (ACN Newswire) – The World AI Show & Awards – Dubai, which is held under the patronage of the Private Office of Sheikh Saeed Bin Ahmed Al Maktoum, a member of the royal family of Dubai, is taking place on 25-26 May 2022 at Jumeirah Emirates Tower, Dubai.



The Private Office was established by His Highness Sheikh Saeed bin Ahmed Al Maktoum with the aim to directly invest in potential business opportunities which meet the investment criteria. The partnership strategy will create rare investment opportunities through collaboration with certain companies and AI innovators.

Also, the event will be attended by Hisham Al Gurg, CEO of The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum and Seed Group, along with members of the management and senior executives.

Talking about the event, Hisham Al Gurg, CEO of The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum and Seed Group, said, "Artificial Intelligence is one of the most profound technologies of our time. To explore this technology and its impact, it is important to initiate meaningful dialogue and foster lasting relationships so that a fair playing ground can be created for innovators and businesses to operate. The World AI Show & Awards is one such important step in this direction. Being held under the aegis of the Private Office of Sheikh Saeed Bin Ahmed Al Maktoum, the event holds the potential to encourage more efforts, investment, and research into AI and add immense value to the economic and social landscape of the UAE and the world."

The World AI Show & Awards – which is the world's longest-running AI Show series will feature expert keynotes and engaging panel discussions designed specifically to help meaningful interactions in the ever-evolving AI and the RPA ecosystem. The show will also launch the inaugural 'World AI Awards'.

The World AI Awards will acknowledge and recognise excellence, as well as innovation, hard work, and achievement of organisations who have set an example in their industry for how emerging technologies create value and creatively handle problems and difficulties.

Individuals, teams, and entities that have gone on a journey of adopting and applying AI and are the true flagbearers of AI in UAE, and will be honoured for their breakthroughs at the inaugural ceremony of the World AI Awards.

The Jury for the World AI Awards includes:

– Hans Henrik Christensen, Senior Director of DIEZ, Dubai Integrated Economic Zones (DIEZ)
– Amina Abdulrahim, Head – Information Technology,Engineering Office of H.H Sheikh Mohammed Bin Rashid Al Maktoum.
– Hoda Alkhzaimi, Director of Cyber Security Center, New York University.
– Roula Moussa, CEO of AI Venture Labs.
– Ellis Wang, Technology & AI Expert.

Eager to keep the momentum from its previous editions, WAIS has put together a speaker line-up like no other; allowing attendees to hear directly from none other than thought leaders like:

– Saeed Alhebsi, the widely respected Advisor in AI, Ministry of Human Resource and Emritisation, UAE
– Tony Chacko Joseph, CISO, Ministry of Finance, UAE
– Latifa Alshehhi, Head of Data Management, Road and Transport Authority, UAE
– Aisha A. Alshamsi, Chief Data Officer Statistics & Analytics Director, Abu Dhabi Agriculture & Food Safety Authority, UAE
– Sumaya Al Hajeri, Technology & AI Expert, UAE
– Moayad Ratrout, Digital Transformation Specialist, Dubai Municipality, UAE
– Khalifa Aljaziri, Ministry Of Economy, Commercial Affairs Regulatory Sector Projects Advisor, UAE
– Dr. Salim Al-Shaili, Senior Executive Digital Transformation, Information Technology Authority, Oman
– Gino George, Head of Customer Analytics & AI, First Abu Dhabi Bank, UAE
– Anand Veeramani, VP & Geo Head – Asia and Middle East, Happiest Minds, India, to name a few.

"It is an honour and a joy for us to organise the World AI Show under the patronage of the Private Office of H.H. Sheikh Saeed Bin Ahmed Al Maktoum, member of the royal family of Dubai, and to collaborate with Seed Group at this event. We are looking forward to welcome the royal delegation at the conference," says Mr. Mithun Shetty, CEO of Trescon.

The event will also feature the regional final of the Startup World Cup, a pitch competition by Pegasus Tech Ventures for firms planning to launch as well as those who are already established and looking to expand. One winner will be flown to San Francisco to compete for a chance to earn a US$ 1,000,000 investment award.

The Jury for the Startup World Cup includes:
– Hisham Al Gurg, CEO, The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum and Seed Group
– Sonali Goila, Head – Venture Capital & Private Equity, Panthera Capital Investments.
– Gustavo A. Montero, Founder, Carter Capital One.
– Esha Arya, Partner, 8X Ventures.

World AI Show is officially sponsored by:

– Official Artificial Intelligence Partner – nybl
– Lead Sponsor – Happiest Minds
– Platinum Sponsor – Enterprise Bot
– Official AI Cybersecurity Partner – Darktrace
– Gold Sponsors – Google Cloud; BytePlus Pte Ltd; Growth from Knowledge; Soroco and Almawave.
– Official Digital Partner – Nuummite Consulting
– Silver Sponsor – ManageEngine
– Bronze Sponsors – Beinex and Soothsayer Analytics.
– Exhibitors – Helical Insight
– Supporting Partner – Softline Ecommerce
– Association Partners – International Group of Artificial Intelligence (IGOAI); Women in AI UAE and Emirates Digital Association for Women
– Knowledge Partner – The VR/AR Association

About The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum

The Private Office was established by Sheikh Saeed bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet The Private Office's criteria. Over the past 16 years, the Office has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East and North Africa region through the support and strong base of regional connections of The Private Office. The Office's goal is to create mutually beneficial partnerships with multinational organisations and to accelerate their sustainable market entry and presence within the MENA region.

About World AI Show

World AI Show is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world. The show is a one-of-a-kind gathering of pre-qualified CIOs, CEOs, CTOs, Heads of AI, Chief Digital Officers, Heads of Innovation, and International AI experts. Witness powerful keynotes, workshops, use-case presentations, product exhibitions, panel discussions and tech talks to find solutions for issues and trends within the AI and RPA space.

About Trescon

Trescon is a global business events and consulting firm that provide a wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon is specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect and consulting services.

For further details about the announcement, please contact:
Karthik A, Manager – Media, PR & Corporate Communications
Trescon media@tresconglobal.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Star Teen Filipino Race Driver Bianca Bustamante Unveils NFT Project to Achieve her F1 Dream

  • Launches groundbreaking project, “The Dark Horse” NFT Access Pass, to support basic living and training costs
  • Inclusive community offers fans unprecedented insight into her journey up the global racing ladder
  • Her NFT Access Pass includes behind-the-scenes content; additional drops and airdrops; plus future prize pools planned

MANILA, May 12, 2022 – (ACN Newswire) – Bianca Bustamante, a 17 year-old rising motorsport star from the Philippines, announced that she is launching a groundbreaking project, The Dark Horse – an NFT Access Pass that redefines the career progression of young athletes by embracing technology, social media and community building in the age of blockchain and web3.0. The project will ultimately enable her to build long term engagement with her fan community in ways never imagined before.

Bustamante recently secured a coveted race seat in W Series’ Academy team, as the young Filipino driver continues to demonstrate her impressive talent ahead of her debut formula car season. Her talent is proven, being a multiple Asian champion in karting, and was the only racer selected on this year’s W Series grid to come straight out of karting into Formula 3 machinery.

Although fortunate to have earned a race seat in a top international series, the teenager is now faced with the realities of finding ways to sustain her basic living needs, as well as career essentials such as practice, training, and coaching. In a male dominated sport traditionally known to be reserved for the wealthy, Bustamante has worked hard to break through both of those barriers through her sheer determination, self-belief, and hard work.

This ambitious project is all about shaking up the norm and challenging tradition, as Bustamante’s NFT Access Pass will allow for direct interaction with her fans, giveaways to celebrate her milestones, and even behind-the-scenes content, to allow fans to see what it is like to be a female race driver breaking the bias. The ultimate goal of this project is to create an unparalleled fan experience and community, as well as a platform for her sponsors, to ultimately join her on the journey to the top of the sport in Formula 1.

Bustamante also hopes that this project paves the way for other young race drivers to have new avenues to help them gain a voice, grow their community, and raise the necessary support to compete in a sport that requires substantial funding.

What is The Dark Horse?
The Dark Horse is a brave new take on the traditional talent agency and early sponsorship functions – reimagined through blockchain technology. It supports the dreams of drivers like Bianca ? underestimated athletes with surprising speed, strength, ambition and commitment. The Dark Horse project allows Bianca to reap the immediate benefits of the crypto ecosystem with airdrops, tokenization, metaverse integration and beyond.

Project details
The Dark Horse campaign launched last week, with the Whitelist now open and the NFT Mint set to take place from the 27th of May 2022. With a total of 2,000 NFTs available for minting, the first 200 True Fans who join the whitelist will receive priority pricing. Among these, 50 NFTs will be especially allocated to Bustamante’s fans based in the Philippines – also at priority pricing

These 2,000 NFT Access Pass holders will be given access to her inner circle – the BiaCrew community – and receive unique benefits throughout her motorsport career. Pricing for the NFTs are as follows:

  • 0.07 ETH for the first 200 registered whitelist;
  • 0.07 ETH for 50 whitelist allotment created specifically for fans from the Philippines;
  • 0.095 ETH for the remainder of the whitelist;
  • 0.15 ETH upon public mint.

Proceeds from the NFT sale will provide Bianca with the resources that she needs to keep on racing and more. Breakdown of proceeds are as follows:

  • 75% of the proceeds will go towards Bianca’s racing career: coaching, fitness training, track practice and daily living necessities;
  • 20% will go towards service costs from The Dark Horse Team;
  • 5% will be reserved for the community, in the form of rewards, gifts, charitable causes etc.

In return, owners of the NFT Access Pass benefit from gaining instant access to the BiaCrew community, as well as unprecedented access to Bianca’s professional life and the motorsport world at large, including:

  • Regular BTS Content with Bianca (Training & Traveling, AMA’s, Insights etc);
  • Community Interaction with Bianca;
  • Complimentary BiaCrew Merch Pack (upon 2x mint);
  • Priority in future drops along with surprise airdrops;
  • Milestone Prize Pool to BiaCrew community;
  • And more to be announced.

Quotes:

Bianca Bustamante – Race Driver
“I’m so excited to be part of The Dark Horse as a way to support my dream to climb the F1 ladder. It’s been a roller-coaster year for me so far, having secured full-time drives at both W Series and the USF Juniors Series. The Dark Horse is a great opportunity for me to embrace new technology to create a sustainable platform aimed at giving back to those who believe in me. What I’m most excited about are the cool, fun ways in which I can directly interact with my fans. In return for their support, I will work hard to become the best driver in the world and, along with my team, deliver unique content and insights into my life and the motorsport world.”

Darryl O’Young – Manager of Bianca Bustamante
“The challenges of becoming a professional race driver are real, and I know first hand truly how much heart it requires. Bianca has it all: the full package of speed, intelligence, grit and determination – key attributes to making it to the top. Bianca is the embodiment of The Dark Horse ? a happy and unassuming teenager off the track, but once that helmet goes on…you better watch out! We are proud to put together this project aimed at giving back to the fans that believe in her. We are committed to seeing this project through for the long term, growing her community alongside Bianca’s journey and rise.”

Ben Reid – Founder & CEO, Digital Creators (Venture Studio)
“Digital Creators is excited to be the design and build partner on this project. The NFT market is maturing, and projects that offer true, unique value proposition and utility are increasingly crucial in this space. With The Dark Horse, we have created an NFT access pass that achieves exactly that, by giving our “1,000 true fans” a front row seat to an upcoming motorsport talent’s journey. NFT holders will get cool artwork, access to future NFT drops, insider content, prize pools and a range of other surprises the team has in store. This is the user’s chance to both support Bianca, and be a part of history in redefining how rising sports talent can supercharge their careers.”

The Dark Horse Socials:
Discord / Twitter / Facebook / Instagram

Bianca Bustamante Socials:
Instagram / Twitter / Facebook / LinkedIn

Media Contact: pr@craftbamboo.com



Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Renowned Hotel-Chain Developer Lance Shaner, Owner of 48 Marriott Hotel Brands and Various Other Hotels, Recommends the Use of Sky’s Plug & Play Smart Platform Technology in His Hotels as Well as to a Leading Hotel Chain

MIAMI, FL, May 11, 2022 – (ACN Newswire) – SQL Technologies Corp. (NASDAQ:SKYX) ("Sky Technologies" or "the Company"), a Company significantly enhancing safety in homes and buildings as well as smart home lifestyle, with highly disruptive smart platform technologies and over 60 issued and pending patents globally, today announced that renowned hotel entrepreneur Lance T. Shaner will Chair Sky's newly formed Hotel Advisory Board.

Lance T. Shaner serves as Chairman and Chief Executive Officer of Shaner Hotel Group. A graduate of Alfred University, he provides the business strategy and entrepreneurial spirit for the Shaner family of companies. Under his leadership, the companies have completed several billion dollars in transactions and have grown into a highly respected leading business group comprised of over 60 Marriott hotel brands, Hilton, IHG, Choice and independent brand hotels with over 3,500 employees globally. Marriott recently awarded his hotel group with the 2021 "Intention to Return" Award, considered by Marriott to be their most significant award, as it indicates consumer probability to return.

In addition to his business achievements, Lance has been recognized for his service in numerous leadership roles in his community, including Centre County Entrepreneur of the Year and the 2019 CBICC Lifetime Achievement Award.

Chaired by Mr. Shaner, the Hotel Advisory Board is expected to assist in driving the adoption of the smart SkyPlug and related Sky Platform into lodging facilities including hotels, resorts, the growing vacation rental industry and apartment buildings.

Mr. Shaner said: "I look forward to joining Sky, as I strongly believe that the Company's smart platform technology has the ability to make hotels become smart and safer instantly, in just minutes per room and only days for an entire hotel. This is game changing for the hospitality, lodging and apartment building sectors. I firmly believe that the Company's technology will enable hotels and buildings to become smart as the new standard."

Rani Kohen, Founder and Executive Chairman of Sky Technologies, added: "We are privileged to welcome Lance to our newest advisory board – this is a significant recognition for us, as it comes from a U.S. leading hotel owner and developer with depth and experience across the vast variety of building types that our technology can enhance. We look forward to working closely with Lance to integrate our products into his hotels while continuing high-level discussions with major hotel chains. As we continue to build out our industry advisory boards, we believe we are well positioned to accelerate our commercialization pathway and turn upcoming product launches into revenue and mass-market adoption."

About SQL Technologies Corp.

As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the standard.

SQL Technologies Corp. (NASDAQ:SKYX) d/b/a Sky Technologies has a series of highly disruptive advanced-safe-smart platform technologies, with over 60 U.S. and global patents and patent pending applications. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com or follow us on LinkedIn.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking statements, including with respect to the proposed initial public offering. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause the Company's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements speak only as of the date they are made and include statements relating to the Company's ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its smart products and technologies, the Company's efforts and ability to drive the adoption of Sky's Plug Smart Platforms into multi-family residential buildings and communities and adoption by hotels, and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission. Recommendations are not to be construed as, and may not result in, any binding agreements, arrangements or commitments for the use or adoption of the Company's technologies. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Investor Relations Contact:
Lucas A. Zimmerman
MZ North America
(949) 259-4987
SKYX@mzgroup.us

SOURCE: SQL Technologies, Inc. dba Sky Technologies

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com