Moolec Science Presents Third Quarter Fiscal Year 2024 Business Update

Luxembourg, May 30, 2024 – (ACN Newswire) – Moolec Science SA (NASDAQ:MLEC) a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming technology, announced today its Business Update for the third quarter of Fiscal Year 2024 ended March 31, 2024.

Moolec Science Logo

The main highlights of Moolec’s business update are as follows:

Piggy Sooy™ Product | Soybean Platform: Moolec’s patented soybean product received USDA-APHIS Regulatory Status Review approval in April 2024.
Safflower Platform: GLASO™ planting campaign progressing as expected. Two US Patents granted for production of chymosin in safflower seeds (SPC2) extended exclusive technology protection until 2041.
Financial highlight: Normalized revenues and other income (Ex-IAS 29) up ~$1.3M YoY given consolidation of soy-protein ingredient business. R&D, Admin and other expenses of $2.3M increased 68% YoY mainly due to non-cash items. Operational cash utilization this quarter of ~$2.6M includes ~$1.4M allocated to lower accounts payable.

“These past few months mark a significant milestone in Moolec’s journey, showcasing our relentless pursuit to deliver results. Our progress on Piggy Sooy™ with the USDA-APHIS regulatory RSR approval, in addition to the starting of our GLASO™ commercial production streams are pivotal achievements that underscore our unwavering commitment to nutritional and sustainable solutions. I am thrilled to witness just the beginning of the fruits of our labor and am grateful for the continued and unwavering dedication of our team,” expressed Gastón Paladini, Chief Executive Officer and Co-Founder of Moolec Science.

José López Lecube, Chief Financial Officer for the company, stated, “We are very pleased with our team’s consistent milestones delivery as we are addressing meaningful market opportunities. We remain confident in our disciplined approach to spending while preserving an adequate cash position and balance sheet to fund the business. I want to extend my congratulations to our team for the exceptional USDA-APHIS regulatory RSR approval, a major achievement for our long-term business plan execution.”

For a full version of Moolec’s first quarter Fiscal Year 2024 Business Update, click here.

Management will host a Conference Call and question-and-answer session, which will be accompanied by a presentation available during the webinar. To access the call, please use the following information:

Date: Thursday, May 30, 2024
Time: 8:30 a.m. Eastern Time (U.S. and Canada)
Link to join the webinar: https://icrinc.zoom.us/j/91289208286?pwd=Rm9SS0hlRzN6d01WdU1od3IrZTBxdz09
One tap mobile: +13017158592,,91289208286#,,,,*888246# US
Dial In: +1 301 715 8592 | Webinar ID: 912 8920 8286, Passcode: 888246
International numbers available: https://icrinc.zoom.us/u/aid5QyFr4

Please connect 5 minutes prior to the start time to register and join.

A recording of the call and the pdf version of the presentation will be available after the conclusion of the live event via Moolec’s Investor Relations website.

About Moolec Science SA

Moolec is a science-based ingredient company leader in the use of Molecular Farming technology for food and dietary supplementation markets. The Company’s mission is to create unique food ingredients by engineering plants with animal protein genes. Its purpose is to redefine the way the world produces animal proteins, for good and for all. Moolec’s technological approach aims to have the cost structure of plant-based solutions with the nutrition and functionality of animal-based ones. Moolec’s technology has been under development for more than a decade and is known for pioneering the production of a bovine protein in a crop for the food industry. The Company’s product portfolio and pipeline leverage the agronomic efficiency of broadly used target crops like soybean, pea, and safflower to produce oils and proteins. Moolec also has an industrial and commercial R&D capability to complement the company’s Molecular Farming technology. Moolec secures a growing international patent portfolio (25+, both granted and pending) for its Molecular Farming technology. The Company is run by a diverse team of PhDs and Food Insiders, and operates in the United States, Europe, and South America. For more information, visit moolecscience.com and ir.moolecscience.com.

Forward-Looking Statements

This press release contains “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements with respect to performance, prospects, revenues, and other aspects of the business of Moolec are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors, about which we cannot be certain. We cannot assure you that the forward-looking statements in this press release will prove accurate. These forward-looking statements are subject to a number of significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among others, changes in applicable laws or regulations, the possibility that Moolec may be adversely affected by economic, business and/or other competitive factors, costs related to the scaling up of Moolec’s business and other risks and uncertainties, including those included under the header “Risk Factors” in the Moolec’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”), as well as Moolec’s other filings with the SEC. Should one or more of these risks or uncertainties materialize, or should any of Moolec’s assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Accordingly, you should not put undue reliance on these statements.

Contact Information
Catalina Jones
Chief of Staff & Sustainability
comms@moolecscience.com

Investor Relations
ir@moolecscience.com

SOURCE: Moolec Science

Simplify Green Claim Verification and Certification With the SGS Green Mark

GENEVE, CH, May 30, 2024 – (ACN Newswire) – Launching the SGS Green Mark to enable brands, manufacturers, suppliers and retailers to meet rising consumer demand for greener products and services, SGS, the world’s leading testing, inspection and certification company, continues to extend its portfolio of sustainability services.

SGS Green Mark

SGS Green Mark

SGS Green Mark – Recycled Content

Developed by SGS experts, the SGS Green Mark comprises seven single attribute claims, making it the most diverse environmental claim certification and verification scheme on the market.

As governments and regulators around the world look to scrutinize and tackle greenwashing, more and more companies are seeking third-party verification and certification of their environmental actions to demonstrate the validity of their materials and processes in the manufacturing and supply of a wide range of products from garments, fabrics, food service ware and plastic packaging to data cables, electronics and furniture.

Utilizing the SGS logo, which is recognized around the world, the SGS Green Mark demonstrates compliance with pre-defined standards relating to the following seven environmental attributes:

Hazardous substance assessed
Recycled content
PFAS-assessed
Biobased
PVC-free
Industrial compostable
Biodegradability

Products are independently assessed in accordance with recognized standards and a technical review is conducted by an industry specialist to confirm the product claim is scientifically justified. Once compliance has been confirmed through rigorous assessment within SGS’s global network of laboratories, a product can display the fully traceable SGS Green Mark. This mark shows details of the environmental claim and assessment standard(s). It also displays a QR code to give consumers access to further information that verifies the claim’s authenticity.

Following the company’s piloting of the scheme, a range of companies from electronic and textile sectors have already gained the SGS Green Mark with consumers now benefiting from products displaying the SGS logo and QR code.

Charles Ly Wa Hoi, Executive Vice President, SGS said: “We anticipate that the SGS Green Mark, with its independent third-party assessment, will become a market-leading solution for environmentally responsible organizations around the world.”

Customer testimonials:

Arch Textiles Manufacture Corp: “We are proud to have gained an SGS Green Mark for our innovative Magnif-ECO® recycled fiber. This signifies another step towards establishing a global reputation as a socially responsible company at the cutting edge of sustainable textile innovation.”

Samsung Display: “The SGS Green Mark (Hazardous Substance Assessed) certification of all OLED products for laptops in 2023 is a great achievement in the development of our eco-friendly technology and will provide consumers with better choices.”

Learn more: SGS Green Mark Promo Video

About SGS

We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for sustainability, quality and integrity. Our 99,600 employees operate a network of 2,600 offices and laboratories around the world.

Contact Information
Kate Seiler
Global Marketing Director, Connectivity & Products, SGS
cp.media@sgs.com

SOURCE: SGS SA

Revolutionizing Tech: Universal Tech Expo 2024 Ignites Innovation in the Heart of Southeast Asia

Cebu City, Philippines, May 30, 2024 – (ACN Newswire) – The Universal Tech Expo 2024, set to be the most transformative technology event of the year, will take place on August 23-24 at the prestigious NUSTAR Resort & Casino in Cebu City, Philippines. This international event, organized by Knowlex, will bring together the brightest minds from around the globe to explore advancements in Blockchain, Forex, Fintech, Web3, AI, eSports, eGaming, and Cybersecurity.

Our MISSION is to bring together the brightest minds in digital technology to foster innovation, collaboration, and growth. We aim to create a platform where the latest advancements in Blockchain, Forex, Fintech, Web3, AI, eSports, eGaming, and Cybersecurity are not just discussed but experienced firsthand. Our goal is to inspire attendees, from industry professionals to aspiring students, to push the boundaries of what’s possible in the tech world.

A Global Confluence of Innovation

Designed to be a melting pot of innovation, the Universal Tech Expo will offer a unique blend of insightful keynotes, interactive workshops, and cutting-edge technology showcases. It promises to be a crucial platform for networking, learning, and sharing the latest technological advancements.

Why Cebu, Philippines?

The choice of Cebu as the host city aligns with the Philippines’ rising status as a tech hub in Southeast Asia. Known for its vibrant culture and burgeoning tech scene, Cebu offers the perfect backdrop for an event of this caliber. The Philippine government’s support further reinforces the city’s commitment to embracing and advancing technology.

Event Highlights

Keynote Speakers and Thought Leaders – Renowned figures from each industry will share their insights and experiences, providing a comprehensive overview of the future landscape.
Panel Discussions – Interactive sessions featuring industry experts will encourage dialogue, idea exchange, and audience engagement.
Exhibition Zone – Cutting-edge technologies, products, and services from leading companies will be showcased, allowing participants to explore firsthand innovations across various sectors.
Interactive Demonstrations and Startup Showcases – Witness live demonstrations and discover groundbreaking startups poised to revolutionize their industries.
Networking Opportunities – Business matchmaking and industry networking events will foster collaborations and partnerships, leading to potential business ventures.
Epic Afterparty and Closing Gala – Celebrate the achievements and contributions of participants, with awards for outstanding technological innovations and government contributions.

For Our Sponsors

The Universal Tech Expo offers a range of sponsorship opportunities, providing unparalleled brand visibility and engagement with a global audience. Sponsors will gain access to a diverse group of tech professionals, media, and business leaders.

About Knowlex

Embarking from a robust foundation in the UK and Europe, Knowlex extends its wings into the MENA region, aspiring to weave a seamless tapestry of experiences across the Blockchain, Forex, and Healthcare Expo segments. Our journey is illuminated by the presence of industry pioneers, wielding cutting-edge knowledge and insights into pertinent markets.

At Knowlex, our essence is encapsulated in our ability to curate vibrant platforms for training and networking, all while riding the wave of the most recent trends and technological advancements. Our dedication is unwavering, committed to orchestrating unparalleled events with a steadfast focus on reliability, exemplary customer service, and a unique flair that distinguishes us in the realm of event management.

Quote from Event Organizer

“We are excited to bring the Universal Tech Expo to Cebu and offer a platform for the tech community to come together. The expo is more than just an event; it’s a catalyst for innovation and collaboration,” said Dwain Elias, Head of Event at Knowlex.

Join Us in Cebu

The Universal Tech Expo is set to be a transformative event, bringing together a diverse group of professionals and enthusiasts from the finance and technology sectors. Don’t miss the chance to be part of this groundbreaking convergence of industries.

For more information and to register, please visit http://www.universal-tech-expo.com or contact us at info@universal-tech-expo.com.

Media Contact

Min Khant Aung @ Oliver
Marketing Specialist
Knowlex
+971 55 573 2365
Oliver@knowlex.ae

Melody Daquio
Senior Project Manager
Knowlex
+971 55 585 0016
Melody@knowlex.ae

Amazfit Elevates Smartwatch Technology with Updated AI-Powered Zepp OS 3.5

KUALA LUMPUR, May 30, 2024 – (ACN Newswire) – Zepp Health (NYSE: ZEPP), a global health technology provider of smart wearables, announced the update of the Zepp OS 3.5 featuring AI-powered Zepp Flow(TM) for the Amazfit Balance models. The groundbreaking advancement is the first operating system to integrate Natural-Language User Interface (LUI) driven by LLM (large language model) AI.

The LUI allows users to interact with the wearable device in natural or normal way via speech. Zepp Flow(TM) fosters a progression towards AI usage by amalgamating AI with all aspects of Zepp OS 3.5, enabling the device to recognise and execute based on the user’s voice. The progression continues with expanded capabilities offering users an even more personalised experience, taking control of their well-being through AI utilisation. Features of the updated OS include scheduling, reply to notifications, check weather, and much more.

Ms. Chow Kar Mun, Marketing Manager-Malaysia said, “Zepp Flow(TM) will revolutionise health technology. The Natural-Language User Interface, powered by LLM AI, offers a seamless, user-friendly way to monitor and maintain a healthier lifestyle. Users simply describe their needs, and Zepp Flow(TM) will recognise and provide the most appropriate response.”

Additional updated features include:

Marathon Training: Support for half and full marathon training via the Zepp Coach(TM), with new Confidence Index and Plan Completion Rate for training insights.

HRV Recording: Sleep Heart Rate Variability (HRV) tracks heartbeat variations, provides information on user’s recovery state, stress levels and post-exercise recovery. Complete records of the previous night’s HRV data is displayed for better awareness of your holistic well-being.

WhatsApp Integration: View Whatsapp image messages directly on the Amazfit Balance smartwatch when received via WhatsApp for an Android device.

Offline Maps: Enhanced navigation with intuitive road names for better running, hiking, or even finding a new place to eat easier.

New Sports Modes: Includes latest activities in the sports modes list – bouldering and indoor rock climbing.

Running Power tracking: for power performance insights during a run.

Winter Sports: Enhanced experience for snowboarding and skiing, with trail navigation and resort maps.

Malaysia will see the launch of more AI technology, in July 2024, in the form of the Zepp Aura personal wellness assistant. Zepp Aura will feature sleep and stress management, health reporting, soothing soundscapes and sleep analysis. Combined with Zepp Flow(TM), Zepp Aura will be an impressive piece of technology.

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Please download high-resolution images from this LINK.

Navigating Challenges and Seizing Opportunities in an Evolving Satellite Landscape

SINGAPORE, May 30, 2024 – (ACN Newswire) – As the satellite industry continues to evolve, challenges and opportunities abound. Industry leaders from the Asia-Pacific region and around the world gathered at the Asia Video Industry Association’s recent Satellite Industry Forum, held in Singapore on 28 May, to discuss the state of the industry, addressing critical questions and sharing insights on the path forward.

The emergence of NGSO systems presents both opportunities and threats to traditional GSO operators. In the opening keynote, Patompob (Nile) Suwansiri, CEO, THAICOM, highlighted the need for adaptation and strategic partnerships to leverage respective strengths.

Despite challenges, the satellite broadband business remains relevant and lucrative. Suwansiri emphasized the importance of leveraging accumulated expertise and capital to invest in newer technologies and satellites, ensuring continued growth and relevance. “The fundamentals and know-how of doing the broadband business is still there and that is something that technology cannot replace,” said Suwansiri.

While Software-Defined High Throughput Satellites (SD HTS) hold promise for reducing investment risk and enabling new business models, concerns remain about expected capacity pricing reductions. Integration of smart satellite systems with ground systems and the utilization of AI were also highlighted as crucial for driving innovation and efficiency for THAICOM, added Suwansiri.

The ‘Asia-Pacific Satellite Leaders Roundtable’ also discussed the current state and future outlook of the satellite industry, with a focus on where the video industry is heading. Raymond Chow, Chief Commercial Officer, AsiaSat, emphasized their focus on providing end-to-end services and adapting to changing customer demands for global connectivity, with more vertical integration for a holistic view across the video business.

Kenichi Shimotsuma, GM, Asia Regional Headquarters & Regional Director, Singapore Branch, SKY Perfect JSAT, also recognized the evolving role of satellite broadcasting and the need to diversify into content delivery and connected TV services to meet changing consumer preferences.

Conversations around the future of linear video continued with ‘The Customers Talk’. Paul Mattear, Head of Global SatCom (A&S), Amazon Web Services, highlighted the importance of understanding and meeting customer needs, emphasizing a symbiotic relationship between service providers and end-users. For Huang Baozhong, EVP, APT Satellite, maintaining a customer-centric approach is crucial for competitiveness. Trust in IP-based technology is also evolving, with AI playing a role in streamlining labour-intensive tasks, added Mark Wardle, VP, Engineering & Operations, Encompass Digital Media.

Pranav Roach, President of Hughes Network Systems India, offered insights into how the “Norms, Guidelines and Procedures” (NGP) document for the implementation of Indian Space Policy is facilitating easier navigation of regulations and processes, thus benefiting private players in the sector. A notable aspect highlighted by Roach is the significance of spectrum allocation for satellite broadband. The NGP streamlines the process, ensuring administrative allocation to facilitate private sector involvement. Roach emphasized that auctions would have been counterproductive in this context.

The introduction of the New Telecom Law in 2023 also further paved the way for spectrum allocation for satellite broadband. This legislative development clears regulatory hurdles, enabling smoother operations and growth opportunities for private players.

The importance of ground segment adaptation in response to changing requirements was also underscored at the conference. Panellists discussed post-pandemic shifts, emphasizing the need for adaptability and integration with IT systems, with the disruption that the launch of Starlink has brought. “Everyone needs to disrupt themselves and adapt. What is the multi-orbit proposition that we can provide to a particular user. . . how can we integrate better for greater value to the end user?” asked Alvaro Sanchez, CEO, Integrasys.

Conversations also centred around the space industry, following the tumult and volatility of 2023. Dara Panahy, Partner, Milbank LLP, highlighted the ongoing democratization of the commercial space industry, with the need for incumbents to evolve by either scaling up or vertically integrating to better serve customers. Identifying key areas such as mobility, government services, IoT, and earth observation as lucrative opportunities, he underscored the pivotal role of space in the larger economy.

The Satellite Industry Forum concluded with senior industry executives convening for a high-level discussion on the future trajectory of the satellite industry. Sanjay Duda, CEO, Planetcast Media Services, highlighted his focus on the role of satellite technology in delivering media services, particularly for the video industry. He emphasized the continued relevance of satellite in delivering linear channels, especially in underserved regions like India, while acknowledging the pressure on costs and the evolving landscape of mobility. Neha Idnani, Regional Vice President, APAC, Eutelsat OneWeb, also stressed the importance of working closely with regulators and industry bodies to ensure data security and protect sovereign interests, while Katherine Gizinski, CEO, River Advisers, reiterated the importance of regulatory considerations, particularly regarding spectrum and physical space access. She advocated for greater industry cooperation to address sustainability concerns and anticipated closer scrutiny from regulators as the industry continues to expand.

The Satellite Industry Forum is proudly sponsored by Gold Sponsors SKY Perfect JSAT and MEASAT Satellite Systems; Silver Sponsors Arianespace, AsiaSat, COMSYS, Eutelsat, Gilat Satellite Network, Hughes, Integrasys, Marsh, Milbank LLP, Northtelecom, Rivada Space Networks and Thaicom.

About the Asia Video Industry Association

The Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.

For media enquiries and additional background please contact:
Charmaine Kwan
Head of Marketing and Communications
charmaine@avia.org | LinkedIn: www.linkedin.com/company/asiavideoia | Twitter: @AsiaVideoIA

SmartConnect Earns Prestigious Title of Xiaomi Internet Business’ 2023 Agency of the Year

BEIJING, May 30, 2024 – (ACN Newswire) – Earlier this year, the Xiaomi Internet Partner Conference (MIPC) unfolded. At this zenith event, SmartConnect was unveiled as the esteemed Agency of the Year for 2023 by Xiaomi’s Internet Business Department. This recognition underscores SmartConnect’s steadfast dedication to excellence, innovation, and notable contributions to the expansion of Xiaomi’s internet business. The endorsement from Xiaomi solidifies SmartConnect’s pivotal role as a core agency, heralding an exciting journey of partnership ahead.

A notable highlight was the comprehensive exposition provided by Mr. Song Qiang, General Manager of Xiaomi’s International Internet Business Department, elucidating Xiaomi’s internet business.

In his address, Mr. Song Qiang underscored Xiaomi’s pledge to expand its international Internet service territory, forge a multi-terminal hardware ecosystem, and construct an Internet ecological platform centered around applications, games, content, and advertising. He spotlighted Xiaomi’s overseas application store GetApps and the game distribution brand Mint Games, both of which have experienced substantial growth and engagement.

SmartConnect, as one of the first market participants focusing on OEM inventories, provides mobile marketing services globally in a variety of different segments, such as mobile games, mobile applications, cross-border e-commerce and other Internet industries. In terms of scale, SmartConnect provides international services for more than 150 global advertisers, covering more than 200 countries and regions across the world.

SmartConnect is honored to receive the Agency of the Year 2023 award which is a testament to the unwavering commitment to excellence and our resolve to foster growth and innovation in partnership with Xiaomi. SmartConnect eagerly anticipates sustaining the fruitful collaboration and contributing to Xiaomi internet business’ global expansion endeavors.

As Xiaomi’s International Internet Business Department continues to expand its international Internet platform strategy, SmartConnect remains dedicated to working closely with Xiaomi and other partners to cultivate a sustainable and mutually beneficial ecosystem.

SmartConnect’s acknowledgment as Xiaomi’s 2023 Agency of the Year is not merely an accolade; it’s an invitation for partners and clients to embark on a journey of innovation and success. As encapsulated by the theme of the MIPC 2024, it’s time to “Grow with Xiaomi,” and SmartConnect stands poised to be a driving force in this exhilarating chapter of Xiaomi’s Internet platform odyssey.

For media inquiries, please contact:
sales@smartconnect-sg.com

About SmartConnect:

SmartConnect is a pioneering digital marketing agency and platform established by a team of industry experts specializing in mobile advertising and Ad technology. With over a decade of experience in the global market, SmartConnect possesses a profound understanding and abundant local resources for executing digital marketing campaigns effectively. Our primary focus is on assisting advertisers in user acquisition, retargeting, localization, and branding strategies to achieve optimal results.

As a trusted agency, SmartConnect covers 100% of leading OEM platforms all over the word, plus super apps with global inventories. Our recent recognition as Xiaomi’s Agency of the Year 2023 at the esteemed Xiaomi Internet Partner Conference (MIPC) in Beijing underscores our unwavering commitment to excellence and innovation.

About Xiaomi Corporation

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018. Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.

Embracing our vision of “Make friends with users and be the coolest company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

Xiaomi is one of the world’s leading smartphone companies. In September 2023, MAU of MIUI reaching approximately 623 million globally. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, reached approximately 699 million smart devices connected to its platform (excluding smartphones, laptops and tablets) as of September 30, 2023. Xiaomi products are present in more than 100 countries and regions around the world. In August 2023, Xiaomi was included in the Fortune Global 500 list for the fifth year in a row, ranking 360th.

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

Media Contact
SmartConnect Pte. Ltd.
Media Team
Website: https://www.smartconnectsg.com

SOURCE: SmartConnect

Kardome Partners with KT Corporation to Provide Voice AI Technology to IPTV Service Users

Tel Aviv, Israel–(ACN Newswire – May 29, 2024) – Kardome, a leading voice artificial intelligence (AI) technology startup, has announced a partnership with South Korea’s telecom giant, KT Corporation, to integrate its AI-based Spatial Hearing Technology solution into Genie TV, KT’s IPTV service. This collaboration will offer Genie TV users an advanced, seamless voice interaction experience.

KT has closely monitored user feedback on the voice AI feature integrated into multiple generations of Giga Genie devices. The company was seeking a solution to improve performance and satisfy demanding customers.

Kardome’s Spatial Hearing AI technology is a unique and innovative solution that utilizes advanced acoustical modeling to identify a user’s voice and location precisely. It enhances speech recognition directly on edge devices in challenging, multispeaker environments.

Kardome’s voice technology is compatible with any voice-enabled platform or smart device.

The Genie TV provides audio/video-centric AI voice control and home assistant services through the TV. By integrating Kardome’s Spatial Hearing Solution into the Genie TV, users can benefit from a hassle-free voice command experience even in noisy, multi-speaker environments and deliver an immersive, engaging voice/audio experience.

Dani Cherkassky, Kardome’s co-founder and CEO, expressed his enthusiasm about the partnership: “We are thrilled to partner with KT to provide the best-in-class voice user interface for the Genie TV. This collaboration opens up exciting opportunities for us to explore new verticals in addition to the Genie TV, and we can’t wait to see what the future holds.”

About Kardome:

Kardome is an Israeli-based voice technology startup. The company’s innovative location-based, noise-reduction Spatial Hearing technology gives clear, real-time voice command input and audio output in any environment. Kardome aims to solve end-user frustrations with speech recognition and voice command devices. More information about Kardome can be found at Kardome.com.

About KT Corporation:

KT Corporation is the largest integrated telecom and digital platform service provider based in South Korea. Principal services include mobile, Broadband, IPTV, B2B communications, and fixed-line telephony. The company has an industry-leading market presence in broadband, media services, and fixed-line telephony by maintaining the No.1 market share position. Also, the company is one of the most prominent players in B2B communications and offers a wide range of digital transformation services (IDC, Cloud, AI, etc.).

Contact:
Laura Tate
VP Marketing, Kardome
323-205-6436
laura.tate@kardome.com

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/210675

SAPPE names K-Pop boy band SEVENTEEN its First Global Brand Ambassador for Mogu Mogu

BANGKOK, May 29, 2024 – (ACN Newswire) – Sappe PCL or SAPPE has officially named the world’s leading K-Pop boy band SEVENTEEN, top of the list of K-Pop boy group brand value ranking, as its First Global Brand Ambassador for flagship fruit drink Mogu Mogu. As part of the role, the 13 members of SEVENTEEN will be the representatives of ‘Fun’ and ‘Lively’ for SAPPE’s fruit juice with coconut jelly Mogu Mogu, the favorite drink in several countries, with its “Sip Chew Feel Mogu Mogu” campaign. This reflects the strong global success of SAPPE, which currently exports beverages to around 100 countries worldwide.

SAPPE CEO Ms Piyajit Ruckariyapong said “Mogu Mogu has received a very warm welcome in foreign markets, and thanks to its difference and uniqueness we are the world’s first beverage maker to have introduced a drink mixing big pieces of coconut jelly, a ‘Snack Drink’, to the market in 2001. Until now, more than 30 billion bottles of Mogu Mogu have been distributed to consumers worldwide while at Sappe we have been busy marketing and expanding sales channels to reach our consumers globally.”

SAPPE made another important stride toward becoming a ‘Global Brand’ when it was able to achieve continuous growth in the foreign market, receiving wide acceptance among customers with its innovative strategies like the ‘France First’ model in Europe and the ‘Korea First’ in Asia through its Global Influencer Marketing strategy and the product tie-in in K-Dramas on Netflix. These initiatives have created viral trends at the regional and global levels, positioning South Korea and France as the “Main Influencers” in their respective regions.

To strengthen Mogu Mogu’s global presence, SAPPE will introduce the “Sip Chew Feel Mogu Mogu” campaign this year as its first global brand campaign. The campaign will kick off in South Korea and France, which are the “Key Countries” and the important “Trend Setters”, to increase its Brand Engagement with the customers in both countries through the product and SEVENTEEN, its Global Brand Ambassador with prevailing popularity across the globe.

The company also conducted a Brand Health Check with Milieu Insight, a well-known market research and data analytics company, to identify consumer needs and engage them in helping develop marketing strategy at the global campaign level. In addition, SAPPE has invited DDB Worldwide Communication Group LLC, the global marketing agency and Omnicom Group affiliate, to help create relevant strategies and carry out activities throughout the campaign. This project is considered a major partnership of the world-class teams.

The SAPPE CEO added that with their iconic energy and positivity, SEVENTEEN will join hands with Mogu Mogu to reach out to the global audience and spread the ‘fun’ and the ‘liveliness’ the brand represents. Propelled by the K-pop group’s popularity, Mogu Mogu hopes to further increase brand engagement, build a unique narrative, and expand its market.

The “Sip Chew Feel Mogu Mogu” campaign is the company’s biggest-ever campaign at a global level. All the members of SEVENTEEN will represent Mogu Mogu in communicating with its public worldwide through TVC and numerous marketing tools. Further forms of fun will be arranged for the fans, such as special gifts from Mogu Mogu, Mogu Mogu Special Pack Limited Edition. SAPPE expects that all activities in the campaign will help increase brand engagement by 25%.

“With all this, we intend to create happiness and fun for the fans of Mogu Mogu and SEVENTEEN around the world. It is a significant beginning in building Mogu Mogu into a beloved brand at a global level from now on”.

About Sappe

Sappe PCL (SAPPE TB) is well-recognized as the leader of innovative drinks and pioneer of functional drinks in Thailand. Sappe has been running business with its determination that ‘We better people’s lives through our innovative spirit.” The company applies innovations to drive the business creatively in order to produce innovative products and efficient administration. Sappe’s core DNA “Creative, Dynamic, Fun” has been perfectly demonstrated through its products and corporate culture.

Currently, Sappe has 12 product brands in 5 categories created by Sappe players and business partners. Beverage products from Sappe have been among the leaders in the functional drink market for over a decade with various refreshments for consumers. Some drinks are made from Thai agricultural products, including Mogu Mogu, Sappe Aloe Vera and All Coco. Sappe’s products are distributed in 98 countries worldwide, backed by a strong will to build Sappe into a global brand.

Sappe PCL [SAPPE TB][SAPPE/F TB][SAPPE-R TB] https://www.sappe.com/en/

SAP NOW Hong Kong 2024 Showcases the Power of Business AI

HONG KONG, May 29, 2024 – (ACN Newswire) – Today, SAP held its annual flagship event, “SAP NOW Hong Kong2024”, with the theme “Bring Out Your Best: SAP Business AI”. Over 400 industry leaders,technology experts, and innovative thinkers gathered to explore the usages of Business AI and cloud-based digital transformation, sharing insights on how to optimize operations and uncover newbusiness opportunities in the intelligent new era by leveraging AI.

During the keynote session, Dr. Chenhong Huang, SAP Global Executive Vice President andPresident of Greater China, stated: “We are excited to be entering an era where artificial intelligencesignificantly impacts business models and the competitive landscape. SAP Business AI is relevant,reliable and responsible, enabling enterprises to stay competitive in a rapidly changing market andachieve robust growth. By combining SAP’s cutting-edge Business AI, cloud and data managementsolutions, we effectively empower Hong Kong and Macau enterprises to achieve agile, globalized andsustainable development”.

To allow enterprises to experience its latest services firsthand, SAP announced a fully upgraded”Business AI Experience Center” at its Hong Kong office. The center guides customers and partnersthrough a three-pronged approach – from understanding to implementation – to gradually achievedigital transformation and unlock boundless possibilities brought by Business AI, thusly:

Inspiration: Showcasing the potential of AI in driving innovation, efficiency, and growth throughreal-world business demos and success stories.
Empowerment: Providing businesses with the knowledge and understanding of AI-drivensolutions, enabling informed decisions and driving digital transformation.
Collaboration: Fostering collaboration between SAP, customers and partners, by providing aplatform for interactive workshops, live demos, and knowledge sharing sessions.

Mr. Esmond Tong, SAP Managing Director of Hong Kong and Macau, said, “The upgradedexperience center can demonstrate real-time use cases of Business AI across different industries,inspiring Hong Kong and Macau enterprises to understand the demand for Business AI-embeddedsolutions and solve their pain points while driving business growth. As a collaborative platform, thecenter can further strengthen the relationship between SAP and customers to better understand theirneeds and provide them with more suitable applied solutions. With over 50 years of demonstrableexperience, SAP serves 26 industries, offering industry-specific solutions for enterprises of all sizes.This can empower them to accelerate their business development through SAP’s integrated offeringwhile supporting their business transformation.”

Since the launch of SAP Business AI last year, SAP has over 27,000 global customers using it, andmore than 130 use cases covering core functions such as sales, finance, supply chain, and humanresources. By integrating Business AI into industry-specific solutions, SAP has significantly enhancedenterprises’ productivity, effectiveness and resilience.

For instance, the century-old pharmaceutical company Roche has leveraged SAP Business AI toreduce the time for drug research and production forecasting from weeks to just 2 hours, improvingthe accuracy of these flows by 40%. This has led to a substantial increase in R&D investment returnsand strongly mitigated decision-based risks.

Additionally, SAP has helped Delta Air Lines utilize Business AI to bolster employee satisfaction,create personalized career plans, and achieve precise talent matching. It’s resulting in a 98% high-performer retention rate, and 25% of frontline employees taking on managerial roles, strengtheningthe company’s competitiveness, and enabling them to achieve their various business goals.

About SAP

As a global leader in enterprise applications and Business AI, SAP (NYSE: SAP) stands at the nexus of businessand technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. In 2023, SAPwas honored for the eighth time with the “Best Workplace in Greater China” award by Great Place to Work. Formore information, visit www.sap.com/hk.

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. Thesestatements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could causeactual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filingswith the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2022 Annual Report on Form20-F.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks ofSAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

This news release was issued by SCC on behalf of SAP. For any enquiries, please contact:

Strategic Communications Consultants Limited (SCC)
Andico Tsui
Tel: 2114 4346 / 6902 3831
Email: andico.tsui@sprg.com.hk
Fax: 2114 0880

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Q2 Metals Collars First Drill Hole of Its Inaugural Drill Program at the Cisco Lithium Property, James Bay, Quebec, Canada

Vancouver, British Columbia–(ACN Newswire – May 29, 2024) – Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) (“Q2” or the “Company“) is pleased to announce that it has collared the first drill hole of the 2024 inaugural drill program (“Spring 2024 Drill Campaign”) at the Cisco Lithium Property (the “Property” or the “Cisco Property“) located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. The detailed mapping and sampling campaign remains ongoing at the Property.

Figure 1 Active drill rig at the Cisco Lithium Property for inaugural drill program

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1454/210876_6bded54084e95b83_004full.jpg

The Spring 2024 Drill Campaign will test the mineralized zone where the Property vendors drilled and made a discovery in the fall of 2023 (the “Discovery Zone”). The primary objective will be to test for mineralized pegmatite along strike and to define the size and orientation of the Discovery Zone.

The detailed mapping and sampling campaign will provide guidance on the extent of the lithium mineralization at the Discovery Zone and identify other potential target areas on the sizeable primary exploration trend measuring 21 kilometres (“km”) long.

About the Cisco Property

The Cisco Property is comprised of 222 mineral claims and is 11,374 hectares in size. It is located less than 10 km east of the Billy Diamond Highway, and is approximately 150 km north of Matagami, a small town that contains the closest rail link to much of James Bay. The Property lies within the greater Nemaska Community lands of the Eeyou Itschee Territory, James Bay, Quebec.

The Property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.

On February 28, 2024, the Company announced it had signed an option agreement which gives the Company the exclusive right and option for the acquisition of a 100% interest in three groups of minerals claims, collectively known as the Cisco Property (the “Transaction”). The Transaction is expected to close in short order.

Qualified Person

Neil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed the technical information in this news release. Mr. McCallum is a director and VP of Exploration for Q2.

About Q2 Metals Corp

Q2 Metals is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes its 100-per-cent-owned Mia lithium property.

In addition to the Mia lithium property, the Company expects to add the Cisco lithium property to its property portfolio once the property transaction closes. The Cisco lithium property is located approximately 150 km north of Matagami, Que., and comprises 222 mineral claims and is 11,374 ha in size. The property has district-scale potential with an already identified mineralized zone and a discovery drill result of 115.4 metres of 1.40 percent lithium oxide (hole CS-23-05), cumulatively in five separate pegmatites.

The Company’s exploration advancement at its 8,668-hectare flagship Mia lithium property is focused on the more than 10-kilometre-long Mia trend which is host to both the Mia 1 and Mia 2 lithium occurrences and 11 other mineralized zones along trend.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Alicia Milne
President & CEO
Alicia@Q2metals.com

Jason McBride
Corporate Communications
Jason@Q2metals.com

Telephone: 1 (800) 482-7560
E-mail: info@Q2metals.com

WWW.Q2Metals.com

Follow the Company: Twitter, LinkedIn, Facebook, and Instagram

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company’s properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, that the objective of the Spring 2024 Drill Campaign will test for mineralized pegmatite along strike and define the size and orientation of the Discovery Zone, that the detailed mapping and sampling campaign will provide guidance on the extent of the lithium mineralization at the Discovery Zone and identify other potential target areas on the sizeable primary exploration trend, that Q2 will add the Property to its property portfolio, that the focus of the Company’s current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company’s expectations in connection with the projects and exploration programs being met, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedarplus.ca.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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