The Glimpse Group Announces the Acquisition of its 10th Subsidiary Company: Auggd, an Augmented Reality Software and Services Company, and the Establishment of Glimpse Australia

NEW YORK, NY, Aug 16, 2021 – (ACN Newswire) – The Glimpse Group, Inc. (NASDAQ:VRAR) ("Glimpse" or the "Company"), a diversified Virtual Reality and Augmented Reality ("VR" and "AR") platform company providing enterprise-focused VR and AR software & services solutions, announced today that on August 13, 2021, it acquired the assets of Augmented Reality Investments Pty Ltd, an Australia based company ("Auggd").

Auggd (https://auggd.com/) provides AR software and services to the AEC industry in Australia, Europe, and the US, creating experiences that visualize buildings, bridges, roads and underground services at true scale in their real-world environments. These can result in improved building, lower construction costs, clearer planning and impactful marketing. Since its inception approximately eight years ago, Auggd has generated over $2MM in aggregate revenue and has successfully deployed hundreds of mobile AR apps across a broad range of industry sectors.

Video Link: https://player.vimeo.com/video/586889339

The acquisition was structured as an asset acquisition and no liabilities were assumed by Glimpse. The transaction is equity based only (no cash consideration) and includes an initial nominally dilutive issuance of common shares, with the majority of future equity based acquisition payments subject to the achievement of significant Auggd revenue growth milestones over the next three years. Auggd has historically been cash flow neutral-to-positive and the acquisition is expected to be immediately accretive to Glimpse.

Matthias Krampe, Co-Founder and Head of Business Development at Auggd, is expected to move to the US to lead it as its General Manager under Glimpse. His focus will be to expand Auggd's presence in the US, while simultaneously supporting and growing the existing Australian and European base.

Mr. Krampe commented, "We are thrilled to join Glimpse's diverse and robust ecosystem of VR & AR companies. We expect to leverage Glimpse's diverse base of top tier customers and relationships across industries to propel our growth in the AEC markets in the US. In parallel, our proprietary software and services will be integrated with Glimpse's technology platforms, further strengthening it to the benefit of all Glimpse companies. In addition, our existing operations in Australia and customer base will form the initial base of Glimpse's operations in Australia ("Glimpse Australia").

Lyron Bentovim, President & CEO of The Glimpse Group said: "The AEC market represents a significant strategic market opportunity for Glimpse. We believe that Auggd is well positioned to capture an increasing share and drive adoption of these novel technologies. We welcome Matthias and his team to Glimpse and look forward to his leadership in building out Glimpse's AEC client pipeline in the US as well as Australia and Europe.

Mr. Bentovim continued: "In addition, Auggd has built a respected reputation in Australia with clients across industries that also include automotive, consumer goods and technology, sales and marketing, and education. The acquisition represents a unique opportunity for Glimpse to enter the continent. The establishment of Glimpse Australia will allow us to introduce our plethora of enterprise focused VR/AR companies and solutions to the Australian market, which we believe is often overlooked by US companies yet has tremendous growth potential. With a base of operations in place locally, we may also seek to add other Australian VR/AR companies to Glimpse Australia over time, thereby creating a true Glimpse hub."

About Auggd

Auggd is a specialized AR software development and services company based in Sydney, Australia. Since its inception in 2014, Auggd has been focused on developing and delivering enterprise solutions, products and services tailored specifically for the Architecture, Engineering, Construction (AEC) sector to visualize design intent to all stakeholders throughout the project lifecycle in order to reduce the costs associated with rework. For more information on Auggd, please visit https://auggd.com/

About The Glimpse Group, Inc.

The Glimpse Group (NASDAQ:VRAR) is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software & services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry. Glimpse's unique business model simplifies challenges faced by VR/AR companies and creates a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into the emerging VR/AR industry via a diversified platform. For more information on The Glimpse Group, please visit www.theglimpsegroup.com

Safe Harbor Statement

This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Company Contact:
Maydan Rothblum
CFO & COO
The Glimpse Group, Inc.
(917) 292-2685
maydan@theglimpsegroup.com

Investor Relations:
Mark Schwalenberg, CFA
Director
MZ Group – North America
312-261-6430
Glimpse@mzgroup.us
www.mzgroup.us

SOURCE: The Glimpse Group, Inc.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

NextPlay’s HotPlay In-Game Advertising Platform Teams with Mediakeys to Accelerate Global Expansion

SUNRISE, FL, Aug 10, 2021 – (ACN Newswire) – via NewMediaWire – NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announced today its in-game advertising unit, HotPlay, has formed a strategic partnership with Mediakeys, an international media and advertising agency.

Since its founding in 1993, Mediakeys has become a global leader in digital and out-of-home (OOH) advertising with offices spanning 16 countries, including New York, London, Zurich, Hong Kong and Singapore. Its omni-channel platform spans digital, outdoor, airport, broadcast and print across the global markets, including the Americas, Asia Pacific (APAC), and Europe, Middle East, Africa (EMEA).

HotPlay plans to leverage Mediakeys' expansive global presence and media relationships to further expand the global reach of its revolutionary in-game advertising (IGA) platform which enables advertisers to seamless insert brand messages and rewards into game content natively, interactively and in real time.

HotPlay also provides game developers with an additional revenue stream while still allowing them to maintain the integrity of their game. For game players, HotPlay creates a true online-to-offline experience, where players can interact with native ads in a meaningful way and claim rewards for both in-game and real-life use.

"The unparalleled capabilities of our respective platforms will help drive HotPlay's rapid expansion into numerous fast-growing international markets," stated Mediakeys CEO, Paul Cahierre. "The integration of HotPlay's powerful IGA technology will also enable international advertisers and agencies to take greater advantage of our one-stop solution for digital advertising and allow them to reach the valuable demographic of gamers in highly effective ways."

New and existing HotPlay advertisers will gain an integrated solution for hyper-targeted digital advertising campaigns. They will be able to launch programmatic mobile and desktop campaigns that can be designed and edited, and then set for distribution to a specific or localized broadcast area. Mediakeys' geofencing technology will support innovative ways for targeting specific audience behavior, and help advertisers to reach their target markets anytime, anywhere.

According to NextPlay co-CEO and CEO of Hotplay, Nithinan 'Jessie' Boonyawattanapisut: "The global games industry continues to grow at a rapid pace, with the game application market now the fastest growing business category around the world. Our new partnership with Mediakeys will greatly strengthen advertisers' access to the global market of 2.9 billion gamers. It will also vastly increase the revenue opportunities and customer retention of our game developers, and naturally HotPlay's by extension."

About Mediakeys

Mediakeys is an entrepreneurial international advertising exchange, offering 25+ years of experience creating and fulfilling global campaigns for local and international advertisers and agencies. Established in 1993 with a foundation in creative services and international media, it has grown into a global multi-media advertising specialist, with offices in 16 countries, including New York, London, Paris, Cologne, Zurich, Milan, Madrid, Istanbul, Mumbai, Tokyo, Seoul, Hong Kong, Beijing, Bangkok, Kuala Lumpur, and Singapore. To learn more, visit mediakeys.com

About NextPlay Technologies

NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay's engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of our existing and acquired technologies. For more information about NextPlay Technologies, visit www.nextplaytechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn.

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinions, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties related to our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; the fact that the COVID-19 pandemic has had, and is expected to continue to have, a significant material adverse impact on the travel industry and our business, operating results and liquidity; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; our revenues and results of operations being subject to the ability of our distributors and partners to integrate our alternative lodging rental (ALR) properties with their websites, and the timing of such integrations; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; our travel business depends substantially on property owners and managers renewing their listings; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our long-term success depends, in part, on our ability to expand our property owner, manager and traveler bases outside of the United States and, as a result, our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving ALR, Internet and e-commerce industries which could harm our operating results; risks associated with the operations of, the business of, and the regulation of, Longroot and NextBank International (formerly IFEB); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; the fact that we may be subject to liability for the activities of our property owners and managers, which could harm our reputation and increase our operating costs; and that we have incurred significant losses to date and require additional capital which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by NextPlay are detailed from time to time in NextPlay's periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings "Risk Factors". These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company's future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

SOURCE: NextPlay Technologies

Company Contact:
Richard Marshall
Director of Corporate Development
NextPlay Technologies, Inc
Tel (954) 888-9779
richard.marshall@nextplaytechnologies.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The 26th edition of World AI Show shed light on the need to accelerating the adoption of AI in Malaysia

MALAYSIA, Aug 4, 2021 – (ACN Newswire) – Malaysia played host to the most content-rich virtual conference on Artificial Intelligence and related future-tech on Friday, 23 July 2021. Hosted by Trescon, World AI Show convened over 300 online participants that included major stakeholders of Malaysia's AI ecosystem including government authorities, top AI experts and solution providers. The online conference featured leading AI organizations such as Dataiku and Denodo to discuss Malaysia's AI prospects.

The conference was themed on assisting key government entities and private enterprises in developing a comprehensive AI roadmap and also how Artificial Intelligence can disrupt that one does business and generate value.

The event focused on key topics such as AI-driven innovation in the new normal; the road to efficient deployment of AI; human and machine interface to detect cyber threats and risks; how data virtualization accelerates ML and AI projects; AI framework and technological infrastructure strategies for the Malaysian and APAC Government authorities; powering data with AI and much more.

Some of the top speakers who attended the event that took place on 23 July 2021 included:
– Dr Mohd Nor Azman Bin Hassan – Deputy Secretary General, Ministry of Science, Technology and Innovation, Malaysia
– Shamsul Izhan Abdul Majid – Chief Technology & Innovation Officer, Malaysian Communications and Multimedia Commission
– Theng Hui Chong – Head of AI & Frontiers, PLUS Malaysia
– Shaun McGirr – AI Evangelist, Dataiku
– Alex Hoehl – Senior Director, Partner Channel Sales & Business Development, APAC, Denodo
– Sigrit Siht – Director of Data Policy, Ministry of Economic Affairs and Communications, Estonia; to name a few

Key highlights and takeaways from World AI Show include:

Dr Mohd Nor Azman Bin Hassan, Deputy Secretary General – Technology Development at Ministry of Science, Technology and Innovation spoke at length on the topic of how AI-driven innovation has become the new norm and expressed his views on why change is extremely crucial. He stated that "Successful digital models rely on digital platforms, which is a mesh up of democratized internal enabled technologies. With cloud being the foundation that stores, and processes data, all these helped in AI breakthrough."

While speaking about economies of AI, Shaun McGirr, AI Evangelist at Dataiku stated that "If AI becomes a pervasive way of solving problems and generating value across the organization – that is if it becomes fully democratized, you will change the way everyone works."

Karun Azhisur, CIO, Gas Power Asia at GE India in his tech talk spoke at length on the topic 'Leveraging Computer Vision/AI to drive Safety at Industrial sites', where he stated that, "A move should be made in AI from lagging to leading approach, and use advanced AI in detecting unsafe behaviours."

Alex Hoehl, Senior Director, Partner Channel Sales and Business Development, APAC at Denodo spoke on how Data Virtualization accelerates ML and AI projects. He was quoted saying, "Majority of data science projects fail, because of the problem with data, not using the right data, data not being relevant, and access to data. Many different aspects around data play a major role in its success".

The show was hosted on the virtual events platform Vmeets which helped the participants to network and conduct business in an interactive and immersive virtual environment. Participants were also able to engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.

"Finding the right business context for AI is a big part of the game as it opens up a plethora of possibilities. However, innovations such as AI, must be contextualized and integrated into a company use case," stated Mithun Shetty, CEO, Trescon. He further added, "Virtual events are providing opportunities for such discussions to take place during these difficult times".

World AI Show Malaysia was officially sponsored by Platinum Sponsor – Dataiku; and Gold Sponsor – Denodo.

About World AI Show – Malaysia

World AI Show is a thought-leadership-driven, business-focused, global series of events taking place in strategic locations across the world.

It connects top AI experts, enterprises, government representatives, data scientists, technology leaders, startups, investors, researchers, academicians, and global AI innovators – to discuss the impact of AI on commercial applications and the revolutionary ways it can transform businesses and government functions.

For further details, please contact:
Monith M Shetty
Corporate Communication Executive
marketing@tresconglobal.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

DigiMax Continues Global Marketing Expansion into Asia with Signing of Collaboration Deal in Korea

TORONTO, ON / ACCESSWIRE, Jul 30, 2021 – (ACN Newswire) – DigiMax Global Inc. (the "Company" or "DigiMax") (CSE:DIGI)(OTC:DBKSF), a company that provides artificial intelligence ("AI") and cryptocurrency technology solutions, is pleased to announce that it has signed a marketing collaboration deal with The Wing Corp. ("Wing") based in Seoul Korea.

CryptoHawk is an Artificial Intelligence-driven, price-trend prediction tool that can be profitably used by any investor interested in trading Bitcoin or Ethereum. The tool is different as it uses AI and machine learning to capture profit from the volatility of cryptocurrencies rather than incur the risk of buy-and-hold investments. As previously announced by the Company, in its first full month of operation in June 2021, CryptoHawk signals achieved a long-short return on BTC of more than 25% compared to a buy-and-hold return for the same period of a loss of 10%. In both up and down markets, CryptoHawk has the potential to deliver subscribers much higher returns when trading.

Wing is a market-leading influencer in blockchain and cryptocurrency in Korea, which they reference as the core of 'the 4th industrial revolution'. Wing is a company established to help traders and exchanges seek out the highest value cryptocurrencies for investment and future development. Wing applies rigorous verification by experts to foster the development of the cryptocurrency market and sound investment culture.

Having been associated with Wing since DigiMax was founded in 2018, DigiMax recognizes Wing's strength because it uses non-traditional methods for direct communication with its followers that is not easily traceable through conventional means. They are however very effective at communicating with both crypto traders and exchanges throughout the country.

The founder of Wing, Minho Kang, is a leading blockchain influencer in Korea who has already introduced numerous crypto companies (including Dent, Salt, Enigma, Skraps, Hero, Shivom, Karma, Poet, Trade.io, Hacken, Real, Bitjob ,Sapien, Zper, Investfeed Dexe, Hyve and Eqifi) to Korea, and his success has earned him a reputation as a global marketing expert. He also led a successful blockchain conference as the co-founder of The Signature, leading more than 50,000 investment members.

Wing will collaborate with DigiMax to develop a broad range of CryptoHawk users in Korea and will assist DigiMax to develop integration of the CryptoHawk artificial intelligence system into crypto exchanges in the country. Wing will share referral fees on a sliding scale from 1,000 subscribers up to more than 100,000 subscribers developed in Korea. Wing will also earn options in DigiMax for successfully creating direct partnerships between DigiMax and Korean crypto exchanges.

"As Korea fully embraces the 4th Industrial Revolution, we are thrilled to partner with DigiMax in reaching out to our community with the power of AI," says Minho Kang, the founder of The Wing Corp. "Korea is extremely techno-savvy with cryptocurrency. I firmly believe that CryptoHawk.ai takes all of us to a new level of monetization through insight that can be used by anyone interested in trading crypto."

"We are excited to be able to join forces with such a knowledge leader in the industry in Korea," said DigiMax CEO, Chris Carl. "Since Korea operates in an autonomous manner apart from most of Asia, having such a respected and prominent influencer in a country that has one of the highest per-capita rates of crypto followers in the world, is a great addition to the growing DigiMax team."

About DigiMax

DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company's engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:

Martti Kangas
Investor Communications
647-521-9261
mkangas@digimax-global.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements
This press release contains "forward-looking statements or information". Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements about the Company and Kirobo Inc.'s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, 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 and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The Company may not actually achieve its plans, projections, or expectations. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the future plans of Kirobo Inc. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the benefits and uses of our software, the pricing and availability of our software, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, consumer sentiment towards the Company's products and services, failure of counterparties to perform their contractual obligations, government regulations, competition, loss of key employees and consultants, and general economic, market or business conditions, the impact of technology changes on the products and industry, the ability for Kirobo Inc. to complete its business objectives, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

A Virtual Gathering of Global AI Leaders to Explore MENA’s Untapped Opportunities in AI and RPA

MENA, Jul 30, 2021 – (ACN Newswire) – World AI & RPA Show is gearing up to virtually connect the most influential voices in the MENA's AI space this August. The event will focus on how to leverage AI to enable the market leaders of tomorrow, make a difference in the region's bid to become a global powerhouse for emerging technologies.

Friday, 30 July 2021: Taking place on 25 August 2021, the event will focus on topics such as preparing for the next evolution of AI as a driver for business success; building the business strategy for AI across the enterprise; aligning organisational structure to deploy at scale; exploring the future of smart drones and much more.

The show will provide a one-of-a-kind interactive online environment, including informative keynotes, technological use cases, panel discussions, product showcase, and more.
It will also feature leading AI solution architects who will demonstrate the most recent advancements in the AI and RPA sector with attendees being able to address their issues in safe, private one-on-one consultation rooms and networking areas.

Notable confirmed speakers include the likes of Rashid Hazari, Chief Strategist, Department of Economic Development, Government of Dubai; Dr. Khaled Alhazmi, Director of the National Center for Robotics and IoT Technology, King Abdulaziz City for Science and Technology (KACST); Eng. Isha Aljassmy, IT Director, Ministry of Energy & Infrastructure and more.

"For the upcoming edition of World AI & RPA Show – MENA, we have hand-picked thought leaders and experts from a variety of fields to address the foremost pressing AI and RPA challenges confronting MENA governments and businesses. The event will also include technology vendors specialising in AI and RPA to assist organisations in identifying key areas of concern and the appropriate AI strategies/technologies to address them," says Mithun Shetty, CEO of Trescon.

The show will be hosted on the virtual events platform Vmeets to help participants network and conduct business in an interactive and immersive virtual environment. Participants will also be able to engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.

The event is sponsored by Official AI Cyber Security Partner – Darktrace; Gold Sponsors – Incorta and Yellow.ai; Silver Sponsor – Uniphore.

About World AI & RPA Show

World AI Show is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world. It connects top AI experts, enterprises, government representatives, data scientists, technology leaders, startups, investors, researchers, academicians, and global AI innovators – to discuss the impact of AI on commercial applications and the revolutionary ways it can transform businesses and government functions.

For more information visit: https://tresconglobal.com/conferences/ai/mena/

For further details about the announcement, please contact:
Karthik A, Marketing Lead, Trescon
marketing@tresconglobal.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

DigiMax Expands Global Marketing into Asia with Signing of Collaboration Deal in Hong Kong

TORONTO, ON, Jul 28, 2021 – (ACN Newswire) – DigiMax Global Inc. (the "Company" or "DigiMax") (CSE:DIGI)(OTC:DBKSF), a company that provides artificial intelligence ("AI") and cryptocurrency technology solutions, is pleased to announce that it has signed its first collaboration agreement to expand CryptoHawk services into Hong Kong and surrounding areas.

CryptoHawk is an Artificial Intelligence driven, price-trend prediction tool that can be profitably used by any investor interested in trading Bitcoin or Ethereum. The tool is different as it uses AI and machine learning to capture profit from the volatility of crypto currencies, rather than incur the risk of buy-and-hold investments. As previously announced by the Company, in its first full month of operation in June 2021, CryptoHawk signals achieved a 1-month, long-short return on BTC of more than 25% compared to a buy-and-hold return for the same period of a loss of 10%. In both up and down markets, CryptoHawk has the potential to deliver subscribers much higher returns when trading.

DigiMax is collaborating with Mr. Tony Tong in Hong Kong and other Asian regions where he has substantial influence. Mr. Tong is Co-Chairman & Co-Founder of Hong Kong Blockchain Association HKBA.hk.org, Council Member of International Digital Asset Exchange Association IDAXA.org , and President of GlobalSTOx.io & APX.HK. After graduating in engineering at the University of Minnesota and spending 15 years in the United States in several leading high-tech companies, Mr. Tong returned to Hong Kong where he has held many high-profile roles a few of which include:

– Co-Founder of Pacific Financial Services and Super Angels Ventures.
– Frequent speaker and bilingual moderator for leading fintech, blockchain, investment banking events, including Blockchain Economic Forum Singapore, Global Gaming Expo G2EAsia, Goldman Sachs, UBS, CLSA , Morgan Stanley Asia Investment Summit, Bank of America Merrill Lynch China Investment Summit.

The collaboration agreement between DigiMax and Mr. Tong will include the issuance of 200,000 common shares of DigiMax and an award of additional shares as he assists DigiMax in successfully completing partnering deals with exchanges or directly increasing the number of CryptoHawk subscribers in Asia.

"We have known DigiMax and its founders since 2017 and we are impressed that they have withstood the test of time in the cryptocurrency and blockchain world," said Tony Tong. "The CryptoHawk offering is already proving itself as an excellent tool for crypto traders to use to increase their returns and we look forward to working together to develop more markets in Asia with them."

"We are excited to be able to join forces with Tony Tong who we respect as a prominent leader in the crypto industry in Asia," said DigiMax CEO, Chris Carl. "Tony has been a leader and an innovator in every facet of the blockchain and crypto currency space and we are certain that CryptoHawk can deliver a whole new level of value and power to anyone interested in trading or owning crypto currencies in their portfolio."

KIROBO Update

Kirobo, a blockchain technology company into which DigiMax has made a strategic investment (see May 3, 2021 Press Release), yesterday announced it has launched its 'P2P Swap Button', a decentralized tool allowing cryptocurrency users to execute token swaps without having to use an exchange or custodial third party.

By taking the swap off-exchange, the tool allows users to decide their own prices for their tokens and transact directly with peers. As a result, slippage is avoided completely.

Asaf Naim, co-founder and CEO of Kirobo, said: "Until now, it wasn't possible to execute a swap without losing money, because exchange algorithms adjust token prices according to the amounts put up for sale. We're allowing people to trade without an exchange and to set their own prices, with complete security, for the first time ever."

Kirobo's safe transfer platform secures transactions with an authentication key, the component parts of which are divided between the first party, the smart contract, and the Kirobo server. There's no single point of failure, and Kirobo does not hold users' funds at any point.

For more information, please see Kirobo's full press release at: bit.ly/3zHLMZW

About DigiMax

DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company's engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:

Martti Kangas
Investor Communications
647-521-9261
mkangas@digimax-global.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements
This press release contains "forward-looking statements or information". Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements we make regarding the uses of our CryptoHawk.ai and CryptoDivine.ai software and their potential benefits and uses, and information about future plans, expectations and objectives of the Company.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, 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 and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The Company may not actually achieve its plans, projections, or expectations. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the uses, benefits and expectations of our CryptoHawk.ai and CryptoDivine.ai software. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the benefits and uses of our software, the pricing and availability of our software, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the App Platform and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, consumer sentiment towards the Company's products and services, failure of counterparties to perform their contractual obligations, government regulations, competition, loss of key employees and consultants, and general economic, market or business conditions, the impact of technology changes on the products and industry, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Singapore’s Kris Infotech acquires majority stake in AGS Tek Partners, plans major US expansion

SINGAPORE, Jul 26, 2021 – (ACN Newswire) – Leading Singapore-headquartered IT consulting and advisory services company Kris Infotech has acquired a 60% stake in the Colorado-based IT consultancy and staffing company AGS Tek Partners. The acquisition follows Kris Infotech's strategic roadmap for growth, tapping into the enormous opportunities and immense potential of the dynamic US market.

To drive its ambitious expansion plans in the US and across North America, Kris Infotech is deputing IT industry veteran, Mr. Barani Kumaresan, from Singapore. As Senior Vice President, Mr. Kumaresan will be responsible for making all operational decisions for AGS Tek Partners, executing the company's strategy and scaling up operations of AGS Tek Partners.

"We are thrilled to add AGS Tek Partners into our fold. Their expertise and experience in delivering IT resourcing and training services in the US over many years is immensely valuable and will serve as a launchpad for our own growth plans. Together, we look forward to delivering our suite of IT services to a lot more companies across the US and North America and enabling them to get maximum value from their investments in Information Technology and digitalization/digital transformation," said Ms. Reem D'Souza, Head of Business Strategy and Investor Relations at Kris Infotech. "I am confident that Kumaresan's extensive experience in the IT services sector and his presence in the US to run our operation are critical to fast track our plans for this important market."

Kris Infotech was seed funded in 2006 by Mr. Rajeev Srivastava, the Founder & Executive Chairman of Basil Technology Partners, which closed a US$171 million institutional fund in 2018. Mr. Srivastava has over 30 years of successful investing and operations experience in the technology services sector across Asia, the US and Europe, having invested in 14 niche global technology companies.

Commenting on being acquired by Kris Infotech, Mr. Dave Malhotra, Founder & CEO of AGS Tek Partners, said, "We are excited by the next stage of our corporate journey as a part of Kris Infotech. Not only does this acquisition add several complementary competencies, but there is also a great synergy in our visions for how we can add value to our customers. With the backing and support of Kris Infotech, we are even better equipped to delight more customers in multiple domains. We look forward to being the one-stop, end-to-end IT solutions provider for our clients." Mr. Malhotra is an experienced investor with a successful track record in the information technology and services industry. His expertise spans the realms of Software-as-a-Service (SaaS), Business Intelligence, Integration, Enterprise Software, and Enterprise Architecture.

About Kris Infotech

Kris Infotech (http://kris.sg/) is a Singapore-headquartered IT solutions company, providing a wide range of IT services from technology consulting and advisory in emerging tech to IT talent solutions. Established in 2006 by Rajeev Srivastava, the co-founder of APAR Infotech, the company currently employs over 150 professionals with operations in Singapore, Malaysia, India, Thailand, and the US, while also supporting customers in Vietnam, Philippines, and Australia. New offices in Vietnam and Indonesia are scheduled to commence operations in Q4, 2021. Kris Infotech expertise includes Cyber Security, Data & Artificial Intelligence (AI), DevOps & AIOps, SCM (SAP-APO/IBP, Anaplan, Kinaxis), Blockchain and RPA. The company also offers professional services in IT Contracting, Executive Search/ Permanent Placements and RPO.

About AGS Tek Partners

Colorado-based AGS Tek Partners (http://www.agstek.com/) is a provider of state-of-the-art IT services and solutions that address the modern-day business challenges of most organizations. The company has been delivering on-demand technology consulting, technology resourcing (both on-demand on-site staffing as well as permanent placements) and software training services for more than five years.

Media Contact
Mr Dave Malhotra
AGS Tek Partners
Tel: +1 303 638 3505
E-mail: Sales@agstek.com

Manoj Aravindakshan
On Target Media
Tel: +65-90261492
E-mail: manoj@ontarget-media.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Tata Communications IZO Financial Cloud: A purpose-built community cloud for banking, financial and fintech enterprises discussed with tech leaders

INDIA, Jul 22, 2021 – (ACN Newswire) – Today, an established technology such as the cloud is driving global corporate development and expansion. To stay competitive, organisations are investing in both private and numerous public cloud systems.

Speaking at the Big BFSI Future Tech Show – India, Sridhar S, Vice President, Managed Services – Cloud, Hosting & Security, Tata Communications Ltd discussed the current landscape of the Indian BFSI sector and how it has got accentuated in this current pandemic situation. He also spoke about the change in way of doing business in the new normal in the BFSI industry, and technology that the banks should implement to create a robust core for the business. In his insightful session, he introduced the audience to the TATA Communications secured platform to host BFSI workloads known as IZO Financial Cloud.

In his tech talk, he stated, "AI, ML is being very easily used these days, but the impact that it can create with the newer technology utilization in customer management is immense. It is going to make customer understanding a lot better and it is going to enable banking companies to provide far more focused service to customers. A very well-orchestrated open banking platform which is API-driven is an extremely important enabler for the future of banking operations."

Rajesh Awasthi, Global Head of Cloud and MHS at Tata Communications was part of a panel on the topic 'Cloud Banking: Cloud & Data Centers Take Center Stage' where the panellist discussed the best cloud deployment model for BFSI in terms of Public or Hybrid or Multi-Cloud, the challenges faced when moving into the cloud and the future off data centres and cloud and much more.

The panellists who joined him in the session included Shiju Rawther – Chief Information & Technology Officer, CARE Ratings Limited; Kirti Patil – Joint President & CTO, Kotak Mahindra Life Insurance Co. Ltd.; Amit Saxena – Global Dy. CTO, SBI; Dr Suresh A Shan – Head, Innovation & Future Technologies Business Information Technology Solutions (BITS), Mahindra & Mahindra Financial Services Limited and Murari Sridharan – CTO, Bankbazaar.

"Tata Communication's ability to implement Hybrid and Multi-cloud solutions, underpinned by their global network infrastructure and guarded by their security solutions, enables them to provide companies with a seamless Cloud transition path," stated Mithun Shetty, CEO, Trescon.

The show was hosted on the virtual events platform Vmeets to help participants network and conduct business in an interactive and immersive virtual environment. Participants could also engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.

About IZO Financial Cloud.

IZO Financial Cloud is a secure and scalable managed community cloud. It's purpose-built with BFSI institutions in mind and designed to support the evolution of next-generation banking services – all from a foundation that's absolutely resilient and conformant. Founded on a high-performing, private cloud platform, IZO Financial Cloud ensures business continuity and the smooth transition of legacy workloads, as well as supporting the easy development and fast deployment of new technologies and app modernisation. It offers all-round assurance, embedded security and visibility across your entire estate via integrated and unified controls, making it easy to stay compliant.

About TATA Communications Limited

Tata Communications Limited is a digital ecosystem enabler that powers today's fast-growing digital economy. With its solutions-orientated approach, proven managed service capabilities and cutting-edge infrastructure, Tata Communications Limited drives the next level of intelligence powered by cloud, mobility, Internet of Things (IoT), collaboration, security and network services.

Tata Communications Limited is committed to enabling Industry leaders in this New World of Communications, with our unique promise of delivering secure connected digital experiences.

About Big BFSI Future Tech Show

Big BFSI Future Tech Show is a thought-leadership-driven, business-focused initiative that provides a platform for tech leaders who are looking to explore and adopt new-age future-tech within their organization.

The show is virtually hosting tech leaders from across India, who will meet, network, learn and engage with some of the world's renowned technology thought-leaders, subject matter experts and technology innovators in a constructive, open-dialogue environment to find solutions for issues hindering their operations and services.

For further details, please contact:
Monith M Shetty
Corporate Communication Executive
marketing@tresconglobal.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Close to half of Manufacturing & Supply Chain Professionals in Southeast Asia Perceive their Companies to be Lagging the Industry in Digital Transformation

Singapore, Jul 21, 2021 – (ACN Newswire) – Almost half of the respondents, around 46.6%, believed that their own companies fell behind the industry average when it comes to utilising digital tools as part of business processes, according to a survey conducted by AIBP and Oracle from March to April. The survey counted 193 professionals*, mainly from IT, innovation & business backgrounds in manufacturing and supply chain companies across the largest economies in Southeast Asia: Singapore, Indonesia, Malaysia, Thailand, Philippines & Vietnam.

The manufacturing industry plays a significant role in local economies of Southeast Asian countries, contributing more than 20% of Gross Domestic Products in markets like Singapore, Indonesia, Malaysia and Thailand. Recent US-China trade tensions have also increased expectations of how manufacturing can contribute to markets like Indonesia and Vietnam. Concurrently, local governments are focused on uplifting local manufacturing capabilities by implementing policies to encourage and support initiatives towards Industry 4.0

The survey also found that 46.6% of respondents believed that the top priority of implementing digital solutions should be to drive operational efficiency in a bid to reduce costs, while 16.6% feel that it should be used to increase or create revenue opportunities.

The COVID-19 pandemic has seen supply chain disruptions across industries – while some companies struggled to come to terms with unusual fluctuations in supply and demand, other companies were better prepared. Thossaporn Petporee, SVP and part of Charoen Pokphand Foods digital committee outlined how Charoen Pokphand Foods have been ahead of the curve when it comes to digital transformation because of their experiences navigating past disruptions like the African swine fever and Avian Influenza. "Each time a pandemic hit, we prepared ourselves better. In our farms, we have the highest level of biosecurity and AI to identify animals across the farm and sales areas. We do well because we keep up to date, keep challenging ourselves." The recent pandemic has led them to develop innovative online solutions like Vet Online and chatbots which are made available to the farms across their network to allow for diagnosis of animal diseases remotely. Charoen Pokphand Foods saw a net profit increase of 41% in 2020.

Companies from the Manufacturing and Supply Chain industries continue to innovate. In 2020, 3 out of 10 winners of the annual ASEAN Enterprise Innovation Awards were from the Manufacturing and Supply Chain industries, including Kalbe Farma and Astra International. Both companies embarked on digital transformation projects which involved integration of their ERP across business units to allow for a more connected supply chains; enabling real time feedback from across the entire value chain.

"There is an urgent need to reorganize one's supply chains in the wake of 2020 and the recent Suez Canal blockage, and manufacturers in the region are rightly realising that what they have in-house is not enough when creating robust and resilient logistics processes that keep the business moving efficiently," said Michael Lim, GTM Leader, ERP & Digital Supply Chain, Oracle. "With new capabilities upgraded onto Oracle Fusion Cloud Supply Chain Management each quarter, we are helping our customers streamline logistics to fulfil orders faster, cheaper and more sustainably to deliver the operational excellence they desire."

*The survey was sent to professionals working in 1,600 publicly listed companies and/or subsidiaries of MNCs in Indonesia, Malaysia, Thailand, Philippines, Vietnam & Singapore. These companies represent the following sectors: Consumer Durables, Non-Durables, Electronic Technology, Process Industries & Producer Manufacturing.

About AIBP

AIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. AIBP is a business unit of Industry Platform, a growth consulting firm based in Singapore.

About Industry Platform Pte Ltd

We work with public and private organisations to develop value-adding partnerships within the industries and markets which we serve. Our consulting framework advocates pursuing an integrated approach in assisting our clients in their growth and development initiatives. This includes market research, and access through business development strategy formulation and execution.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Top Tech Leaders to Convene to Drive the Adoption of AI in Malaysia

MALAYSIA, Jul 21, 2021 – (ACN Newswire) – The potential of AI is far from being fully exploited thus making now the best time for Malaysia to sprint to the front of the race. With the special focus on the Malaysian market, the 26th edition of World AI Show — Malaysia is set to take place virtually on 23 July 2021.

The show will feature eye-opening keynotes, workshops, use-case presentations, product exhibitions, panel discussions and tech talks to find solutions for issues and trends within the AI space.

Growth of AI in Malaysia.

Malaysia's digital economy is expected to contribute 20 per cent to its GDP this year. E-commerce, in particular, is expected to exceed RM110 billion, making up nearly 40 per cent of Malaysia's digital economy.

According to digitalnews.com 45 per cent of organizations in Malaysia have plans to adopt AI within two years, the 2nd highest among Asia/Pacific countries.

According to capco.com, 82 per cent of businesses in Malaysia prioritize skilling and reskilling of workers in the future. They plan to invest as much, or even more, in human capital as in new technology. according to capco.com

The event will focus on topics such as AI-driven innovation in the new normal; the road to efficient deployment of AI; human and machine interface to detect cyber threats and risks; how data virtualization accelerates ML and AI projects; AI framework and technological infrastructure strategies for the Malaysian and APAC Government authorities; powering data with AI and much more.

The show will feature a groundbreaking collaboration of experts such as:
– Shaun McGirr – AI Evangelist, Dataiku
– Alex Hoehl – Senior Director, Partner Channel Sales & Business Development, APAC, Denodo
– Sigrit Siht – Director of Data Policy, Ministry of Economic Affairs and Communications, Estonia
– Asif M Iqbal – Head of Advanced Analytics, Digi Telecommunication
– Gerard K M Lim – CEO, Agroz Group
– Dr Hazlina Selamat – Associate Professor, Universiti Teknologi Malaysia (UTM)
– Balaji Rajamani – Enterprise Architect – Data Management and Analytics, Tetra Pak
– Datuk Dr Kuljit Singh – President, Association Private Hospitals Malaysia (APHM)
– Steven Wong Weng Leong – Chief Digital & Global Banking Strategist, China Construction Bank
– Alan Cheah – Country GM, Carsome Certified
– Karun Azhisur – CIO Gas Power Asia, GE India; to name a few.

"We frequently discuss emerging technologies and their implications for society. But, in terms of its impact on society and technology, we have never seen a technology evolve as quickly as AI. In today's world, the playing field is poised to become a lot more competitive. Businesses that do not use AI and data to aid innovation will be at a significant disadvantage. The 26th edition of World AI Show is designed to address these issues and pave the way to move ahead," stated Mithun Shetty – CEO, Trescon.

The show will be hosted on the virtual events platform Vmeets to help participants network and conduct business in an interactive and immersive virtual environment. Participants can also engage with the speakers during Q&A sessions and network with solution providers/sponsors at their virtual exhibition booths, private consultation rooms and meeting tables.

World AI Show – Malaysia is officially sponsored by Platinum Sponsor – Dataiku, Gold Sponsor – Denodo. To get your complimentary passes, visit – WAIS_Malaysia

About World AI Show – Malaysia

World AI Show is a thought-leadership-driven, business-focused, global series of events taking place in strategic locations across the world.

It connects top AI experts, enterprises, government representatives, data scientists, technology leaders, startups, investors, researchers, academicians, and global AI innovators – to discuss the impact of AI on commercial applications and the revolutionary ways it can transform businesses and government functions.

For further details, please contact:
Monith M Shetty
Corporate Communication Executive
marketing@tresconglobal.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com