MothersonSumi INfotech and Designs Ltd. (MIND) Announces the Opening of a New Office in Singapore, Expanding Global Operations

Singapore, Jul 1, 2021 – (ACN Newswire) – Mothersonsumi INfotech and Designs Ltd. (MIND) a technology and Industrial solutions division of Motherson Group, today announced the official opening of its new office in Singapore.

MIND's Singapore office will serve as the headquarters for the entire Southeast Asia region and will be an essential pillar in its geographic expansion strategy. MIND's Singapore business unit will offer a holistic gamut of IT service offerings, including digital transformation, Cloud Hosting and Migration, Next Gen IT Infrastructure, Smart Factory Automation and digital engineering services. With its Singapore base, MIND is looking to expand its best-in-class services to customers across Thailand, Vietnam, Indonesia, and Malaysia and to other countries in Far East.

"The launching of the MIND Singapore office is aligned with our commitment to drive clients' success in the region and worldwide. Given Singapore's position as the hub for economic activities in the Southeast Asia, it's a market we constantly evaluated and wanted to open an office to expand our presence in the market," said Rajesh Thakur, Chief Executive Officer, MIND.

He further added, "Today MIND is well-positioned to deliver technology-led transformations to fuel digital growth across the Southeast Asia region. MIND offers a customer-centric and consulting-led approach with an integrated portfolio of industry-leading solutions that encompass the entire enterprise value chain. Our technology-driven products and services are built on two decades of innovation, a strong culture of invention and co-innovation, and a relentless focus on the value chain."

About MothersonSumi INfotech & Designs Limited (MIND)

Founded in 2000, MothersonSumi INfotech & Designs Limited (MIND) is a joint venture between Motherson Group, India and Sumitomo Wiring Systems Ltd, Japan (SWS). We are a trusted technology partner to over 200+ clients globally across 41+ Global locations and have more than 20 years of experience in the areas of cloud, IoT, analytics, data science, smart ERP, infra managed services, and application development & maintenance services. We continue to deliver innovative and meaningful technology solutions to businesses enabling them to outpace the competition. Visit us at www.mind-infotech.com, or connect with us on LinkedIn, Twitter, or Facebook.

This announcement may contain forward-looking statements. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of MIND and are subject to significant risks and uncertainty. Readers are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and MIND undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although MIND believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve a variety of risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements.

Media Contact
Sachin Saini
Sachin.Saini@mind-infotech.com

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

MothersonSumi INfotech and Designs Ltd. (MIND) Announces the Opening of a New Office in Singapore, Expanding Global Operations

Singapore, Jul 1, 2021 – (ACN Newswire) – Mothersonsumi INfotech and Designs Ltd. (MIND) a technology and Industrial solutions division of Motherson Group, today announced the official opening of its new office in Singapore.

MIND's Singapore office will serve as the headquarters for the entire Southeast Asia region and will be an essential pillar in its geographic expansion strategy. MIND's Singapore business unit will offer a holistic gamut of IT service offerings, including digital transformation, Cloud Hosting and Migration, Next Gen IT Infrastructure, Smart Factory Automation and digital engineering services. With its Singapore base, MIND is looking to expand its best-in-class services to customers across Thailand, Vietnam, Indonesia, and Malaysia and to other countries in Far East.

"The launching of the MIND Singapore office is aligned with our commitment to drive clients' success in the region and worldwide. Given Singapore's position as the hub for economic activities in the Southeast Asia, it's a market we constantly evaluated and wanted to open an office to expand our presence in the market," said Rajesh Thakur, Chief Executive Officer, MIND.

He further added, "Today MIND is well-positioned to deliver technology-led transformations to fuel digital growth across the Southeast Asia region. MIND offers a customer-centric and consulting-led approach with an integrated portfolio of industry-leading solutions that encompass the entire enterprise value chain. Our technology-driven products and services are built on two decades of innovation, a strong culture of invention and co-innovation, and a relentless focus on the value chain."

About MothersonSumi INfotech & Designs Limited (MIND)

Founded in 2000, MothersonSumi INfotech & Designs Limited (MIND) is a joint venture between Motherson Group, India and Sumitomo Wiring Systems Ltd, Japan (SWS). We are a trusted technology partner to over 200+ clients globally across 41+ Global locations and have more than 20 years of experience in the areas of cloud, IoT, analytics, data science, smart ERP, infra managed services, and application development & maintenance services. We continue to deliver innovative and meaningful technology solutions to businesses enabling them to outpace the competition. Visit us at www.mind-infotech.com, or connect with us on LinkedIn, Twitter, or Facebook.

This announcement may contain forward-looking statements. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of MIND and are subject to significant risks and uncertainty. Readers are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and MIND undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although MIND believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve a variety of risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements.

Media Contact
Sachin Saini
Sachin.Saini@mind-infotech.com

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

Top Asian OTT leaders explored the potential of OTT in supporting businesses and enterprises in the Asian market

Vietnam, Jun 29, 2021 – (ACN Newswire) – The inaugural edition of World OTT Show – Asia gathered business leaders across industry sectors from ASIA such as technology experts and leading technology solution providers, to discuss macro issues, strategies and challenges in the burgeoning OTT space.


An image from World OTT Show – Asia; panel discussion streamed live on 17 June 2021


The difficult year of Covid-19 pandemic had just seen economies suffer, markets getting crashed and some of the burgeoning industries wiped out entirely. But for OTT industry, Covid-19 was a blessing in disguise, a kind of a banner year you may say. Particularly, because OTT viewing had an upward pre-Covid growth.

There is no doubt that consumer consumption patterns have changed in the last 16 months. Over-the-top platforms were already doing well pre-Covid, but lockdowns enforced by the Governments across the globe has given a significant push to OTT memberships.
With people given hardly any choice of entertainment, OTT gave them a never before consumer advantage – choice of content, ease of access, choice of devices/mediums.

To address some of these concerns and changing consumer patterns, top speakers who joined the show included Marc Mulgrum – SVP of Sales, Setplex; Sunil Gupta – Managing Partner and CEO, Yotta Infrastructure; Greg Armshaw – Head of Media, Asia, Brightcove; Paolo Cuttorelli – VP and GM, Evergent; Ashwin Rao – Country Director, Limelight Networks; Andreas Von Maltzahn – Co-Founder, iwonder; Zubin Jimmy Dubash – COO Digital Businesses, Shemaroo; Anna Ysabel F Driz – Director of Advertising Sales and Brand Solutions, WeTV iflix Philippines; Siddhartha Roy – COO, Hungama Digital Media; Ajeng Parameswari – President of Digital Business, Visinema; Shashank – Founder and CEO, Bakstage | FLYX; to name a few.

The show covered key topics such as User Experience with OTT Video Advanced Analytics, OTT Monetization and Content Customization Powered by AI and ML, Mobile future of OTT services, 5G-powered future of OTT entertainment and advertising, Successful strategies for Content OTT planning, High-quality, original content sourcing for OTT platforms, Ensuring best experience to attract and retain subscribers, OTT Subscription Models: Best practices and more.

Mark A. Aitken, SVP, Advanced Technology at Sinclair Broadcast Group discussed at length on the topic – Bright future of OTT in Asia: New standard of entertainment. He stated, "If you think of TV display as nothing more than a browser you suddenly can use all of your OTT excellence, IP experience and provide new services, not just broadcast in itself, but broadcast and the internet brought together in a quite remarkable way."

In a panel discussion on the topic 'OTT product and User experience: What makes your OTT platform great for your users?' moderated by Shabir Momin – MD and CTO at Zenga TV, the panellists discussed key areas such as the Importance of User Profiling and personalization, Data-Powered Media & Entertainment Industry, how to create a unique but unified experience with multiple devices, OTT Content Customization Powered by AI and ML

While speaking about 'Considerations in Selecting an OTT solution', Marc Mulgrum, SVP of Sales at Setplex mentioned that, "Engagement is super important, as well as strong user experience. Ability to have content discovered via search as well as personalization and recommendation all are important in terms of getting a user watch that additional show."

Sunil Gupta, Managing Partner and CEO at Yotta Infrastructure delivered a tech talk on 'Why Synergies between Application layer + Infrastructure layer, are critical for the growth of OTT services in Asia.' He stated, "Because of imposed lockdown and people having to stay at home, the consumption of videos is increasing exponentially. And we feel that the habits for work from home have been formed, so many people will continue to WFH even in times to come. So this demand for OTT is only going to increase."

Greg Armshaw, Head of Media, at Brightcove, while delivering a keynote on 'A Path to the Future of OTT in Asia' mentioned that, "There is now product-market fit for OTT streaming platforms in Asia, and Brightcove's video platform offers multiple ways to grow and monetise OTT apps across a breadth of devices, without the cost and complexity of in-house development."

A highly engaging keynote addressed by Anna Ysabelf, Director of Advertising Sales and Brand Solutions at WeTv iflix Philippines on 'Youth and OTT: Future Content Planning for a Younger Generation of Users' in her discussion she mentioned that, "Mobile phones play a key role in this new wave of retail-entertainment. Online shopping and entertainment continue to be the two fastest-growing mobile segments, making mobile phones an ideal tool for keeping consumers engaged and putting the power of interactive eCommerce in their hands."

Shashank Singh – Founder and CEO at Backstage/ FLYX discussed at length on the topic 'Audio OTT platforms: Future of music industry', he stated, "Audio is the future of social networking, and it presents businesses and creators unparallel potential to grow and expand their reach."

"During the epidemic, new customers are coming online for the first time, and old users have boosted their content consumption. This provides a separate and distinctive OTT ecosystem in which viewers may choose from a varied range of global, regional, and local operators who offer top-tier local and international content," says Mithun Shetty, CEO of Trescon.

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.

World OTT Show – Asia was officially sponsored by Lead Sponsor – Setplex; Platinum Sponsor – Brightcove; Gold Sponsor – Evergent; Silver Sponsor – Limelight Networks; Bronze Sponsors – Smartlabs.

About World OTT Show

World OTT Show is a thought-leadership driven, business-focused initiative that provides a platform for CxOs, OTT heads and OTT directors among others, looking to explore the latest services and devices powered by OTT to transforms business 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

Top Asian OTT leaders explored the potential of OTT in supporting businesses and enterprises in the Asian market

Vietnam, Jun 29, 2021 – (ACN Newswire) – The inaugural edition of World OTT Show – Asia gathered business leaders across industry sectors from ASIA such as technology experts and leading technology solution providers, to discuss macro issues, strategies and challenges in the burgeoning OTT space.



An image from World OTT Show – Asia; panel discussion streamed live on 17 June 2021



The difficult year of Covid-19 pandemic had just seen economies suffer, markets getting crashed and some of the burgeoning industries wiped out entirely. But for OTT industry, Covid-19 was a blessing in disguise, a kind of a banner year you may say. Particularly, because OTT viewing had an upward pre-Covid growth.

There is no doubt that consumer consumption patterns have changed in the last 16 months. Over-the-top platforms were already doing well pre-Covid, but lockdowns enforced by the Governments across the globe has given a significant push to OTT memberships.
With people given hardly any choice of entertainment, OTT gave them a never before consumer advantage – choice of content, ease of access, choice of devices/mediums.

To address some of these concerns and changing consumer patterns, top speakers who joined the show included Marc Mulgrum – SVP of Sales, Setplex; Sunil Gupta – Managing Partner and CEO, Yotta Infrastructure; Greg Armshaw – Head of Media, Asia, Brightcove; Paolo Cuttorelli – VP and GM, Evergent; Ashwin Rao – Country Director, Limelight Networks; Andreas Von Maltzahn – Co-Founder, iwonder; Zubin Jimmy Dubash – COO Digital Businesses, Shemaroo; Anna Ysabel F Driz – Director of Advertising Sales and Brand Solutions, WeTV iflix Philippines; Siddhartha Roy – COO, Hungama Digital Media; Ajeng Parameswari – President of Digital Business, Visinema; Shashank – Founder and CEO, Bakstage | FLYX; to name a few.

The show covered key topics such as User Experience with OTT Video Advanced Analytics, OTT Monetization and Content Customization Powered by AI and ML, Mobile future of OTT services, 5G-powered future of OTT entertainment and advertising, Successful strategies for Content OTT planning, High-quality, original content sourcing for OTT platforms, Ensuring best experience to attract and retain subscribers, OTT Subscription Models: Best practices and more.

Mark A. Aitken, SVP, Advanced Technology at Sinclair Broadcast Group discussed at length on the topic – Bright future of OTT in Asia: New standard of entertainment. He stated, "If you think of TV display as nothing more than a browser you suddenly can use all of your OTT excellence, IP experience and provide new services, not just broadcast in itself, but broadcast and the internet brought together in a quite remarkable way."

In a panel discussion on the topic 'OTT product and User experience: What makes your OTT platform great for your users?' moderated by Shabir Momin – MD and CTO at Zenga TV, the panellists discussed key areas such as the Importance of User Profiling and personalization, Data-Powered Media & Entertainment Industry, how to create a unique but unified experience with multiple devices, OTT Content Customization Powered by AI and ML

While speaking about 'Considerations in Selecting an OTT solution', Marc Mulgrum, SVP of Sales at Setplex mentioned that, "Engagement is super important, as well as strong user experience. Ability to have content discovered via search as well as personalization and recommendation all are important in terms of getting a user watch that additional show."

Sunil Gupta, Managing Partner and CEO at Yotta Infrastructure delivered a tech talk on 'Why Synergies between Application layer + Infrastructure layer, are critical for the growth of OTT services in Asia.' He stated, "Because of imposed lockdown and people having to stay at home, the consumption of videos is increasing exponentially. And we feel that the habits for work from home have been formed, so many people will continue to WFH even in times to come. So this demand for OTT is only going to increase."

Greg Armshaw, Head of Media, at Brightcove, while delivering a keynote on 'A Path to the Future of OTT in Asia' mentioned that, "There is now product-market fit for OTT streaming platforms in Asia, and Brightcove's video platform offers multiple ways to grow and monetise OTT apps across a breadth of devices, without the cost and complexity of in-house development."

A highly engaging keynote addressed by Anna Ysabelf, Director of Advertising Sales and Brand Solutions at WeTv iflix Philippines on 'Youth and OTT: Future Content Planning for a Younger Generation of Users' in her discussion she mentioned that, "Mobile phones play a key role in this new wave of retail-entertainment. Online shopping and entertainment continue to be the two fastest-growing mobile segments, making mobile phones an ideal tool for keeping consumers engaged and putting the power of interactive eCommerce in their hands."

Shashank Singh – Founder and CEO at Backstage/ FLYX discussed at length on the topic 'Audio OTT platforms: Future of music industry', he stated, "Audio is the future of social networking, and it presents businesses and creators unparallel potential to grow and expand their reach."

"During the epidemic, new customers are coming online for the first time, and old users have boosted their content consumption. This provides a separate and distinctive OTT ecosystem in which viewers may choose from a varied range of global, regional, and local operators who offer top-tier local and international content," says Mithun Shetty, CEO of Trescon.

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.

World OTT Show – Asia was officially sponsored by Lead Sponsor – Setplex; Platinum Sponsor – Brightcove; Gold Sponsor – Evergent; Silver Sponsor – Limelight Networks; Bronze Sponsors – Smartlabs.

About World OTT Show

World OTT Show is a thought-leadership driven, business-focused initiative that provides a platform for CxOs, OTT heads and OTT directors among others, looking to explore the latest services and devices powered by OTT to transforms business 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 Provides Update Regarding CryptoHawk and Cayman Crypto Fund

TORONTO, ONTARIO , Jun 29, 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 provide an update about the successful activities being realized at its wholly-owned subsidiary, DataNavee Inc.

DigiMax is pleased to report that its new Crypto Price Trend Predictor, CryptoHawk, which was launched on June 1st, 2021 has had a stellar performance in June. These figures are based on closed prediction cards through the last closed prediction on June 27th, 2021 and all information is available to subscribers and free trial members.

For Bitcoin ("BTC"), there is a 32.3% difference, in the first month of launch, based on the return our subscribers earned from the prediction indicators sent to them by text, compared to the buy-and-hold strategy for the same period. CryptoHawk produced a 20.6% gain so far in June compared to an 11.7% loss in the value of Bitcoin in the same period.

For Ethereum ("ETH"), CryptoHawk is ahead of buy-and-hold by a 34.7% difference. CryptoHawk has provided subscribers with a 5.6% gain while buy-and-hold has produced a 29.1% loss in ETH value so far in June.

While these results speak for themselves, the Company is also pleased to report that an extensive marketing campaign for CryptoHawk has commenced and is planned to grow exponentially and globally for the balance of the year. This program could not be started until after CryptoHawk was launched, and while it is still early too early to provide definitive year-end predictions, so far in June we have seen a 26% rise in monthly recurring revenue and a 45% growth in lifetime value. These values are based on an end of May 2021 subscriber base of under 1,000 subscribers but the momentum has been increasing daily, with several basic subscribers already jumping up to the advanced membership. We remain confident that an end-of-year target of 10,000 subscribers is a reasonable goal.

The CryptoHawk results provide a strong foundation to launch the CryptoHawk-based Crypto Fund domiciled in the Cayman Islands and expected to be launched by the end of August 2021 as previously announced. Pre-marketing of the fund is progressing well and the stated goal of achieving $1 billion of Assets Under Management within 24 months seems realistic at this time.

About DigiMax

DigiMax is a 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, the 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

DigiMax Provides Update Regarding CryptoHawk and Cayman Crypto Fund

TORONTO, ONTARIO , Jun 29, 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 provide an update about the successful activities being realized at its wholly-owned subsidiary, DataNavee Inc.

DigiMax is pleased to report that its new Crypto Price Trend Predictor, CryptoHawk, which was launched on June 1st, 2021 has had a stellar performance in June. These figures are based on closed prediction cards through the last closed prediction on June 27th, 2021 and all information is available to subscribers and free trial members.

For Bitcoin ("BTC"), there is a 32.3% difference, in the first month of launch, based on the return our subscribers earned from the prediction indicators sent to them by text, compared to the buy-and-hold strategy for the same period. CryptoHawk produced a 20.6% gain so far in June compared to an 11.7% loss in the value of Bitcoin in the same period.

For Ethereum ("ETH"), CryptoHawk is ahead of buy-and-hold by a 34.7% difference. CryptoHawk has provided subscribers with a 5.6% gain while buy-and-hold has produced a 29.1% loss in ETH value so far in June.

While these results speak for themselves, the Company is also pleased to report that an extensive marketing campaign for CryptoHawk has commenced and is planned to grow exponentially and globally for the balance of the year. This program could not be started until after CryptoHawk was launched, and while it is still early too early to provide definitive year-end predictions, so far in June we have seen a 26% rise in monthly recurring revenue and a 45% growth in lifetime value. These values are based on an end of May 2021 subscriber base of under 1,000 subscribers but the momentum has been increasing daily, with several basic subscribers already jumping up to the advanced membership. We remain confident that an end-of-year target of 10,000 subscribers is a reasonable goal.

The CryptoHawk results provide a strong foundation to launch the CryptoHawk-based Crypto Fund domiciled in the Cayman Islands and expected to be launched by the end of August 2021 as previously announced. Pre-marketing of the fund is progressing well and the stated goal of achieving $1 billion of Assets Under Management within 24 months seems realistic at this time.

About DigiMax

DigiMax is a 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, the 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

Bussr Joins BMW Foundation and MIT Global Sustainability Initiative

SINGAPORE, Jun 26, 2021 – (ACN Newswire) – Singapore-based transport disruptor Bussr is joining the BMW Foundation and Massachusetts Institute of Technology (MIT) to participate in their global mobility and sustainability initiatives. The initiative will kick start with a global workshop panel of cross-sectoral leaders on June 23.

The global workshop will "Explore how digital and socio-ecological transformations will change the ways in which humans interact with civic and social mobility, within the existing infrastructure as well as within entirely new infrastructure systems."

Uniquely qualified to present new ideas and perspectives on the topic of mobility, Bussr is one of the world's leading innovators in the global transit and ground passenger transportation market, which will reach US$908.8 billion by 2027.

Bussr is a world-leading AI-based mobility company that offers advanced technology for cities' public transportation, private transport operators, corporates, and schools. Bussr uses advanced AI algorithms for elegant booking, payments, analytics, and operations to facilitate mobility to millions of people.

With the confident aim of changing the way the world moves from A to B, Bussr is the bold vision of former Microsoft Chief Architect, co-founder and CTO Ajay Bhandari, former Rocket Internet founder and CEO Hussein Abdelkarim, and veteran technology consultant and co-founder I.M. Shousha.

Ajay, who will speak at the prestigious event, said, "We are seeing undeniable and massive population shifts towards urban centers, and now is the time to have an honest but optimistic discussion about how we can leverage technology to give equitable access to mobility services. It's also important that we make transport services and infrastructure sustainable and viable for operators and society overall. We are thrilled to talk at this important event, and we look forward to providing insight wherever we can."

With everyday citizens seeking better lives in our cities, the world's urban population has increased by 55% in the previous 50 years and now accounts for more than 80% of global GDP. Mobility is key to this growth, with demand for urban road passenger transport predicted to double by 2050.

Forward-thinking global centers have realized that mass transport, such as subways, buses, ferries, and trains, as well as cycling and walking, are the way of the future. The rise of electric cars (EVs), micromobility, Uber, Didi, and Grab have made some gains in recent years, but much more needs to be done to solve the global transportation sector's inherent throttling.

Ajay, Abdelkarim, and Shousha view today's transportation industry as a busy, but chaotic dance. Currently, private passengers must arrange their travel manually, connecting multiple modes of transportation at different times that may or may not be convenient. On the other hand, transport providers still use manual scheduling techniques based on outmoded tradition rather than real-time data, which results in massive inefficiencies across the board.

The trio believes that their digitization of mobility networks will add a coordinated elegance to the way people travel. With its AI-powered technology, each Bussr journey is a synchronized, smooth jump from point A to point B, leaving cities less polluted and filled with people rather than vehicles. All of this contributes to Bussr's overall objective of "Digitizing mobility. Connecting the world."

Bussr's Mobility-as-a-Service (MaaS) platform serves as a private-use app as well as an end-to-end, omnichannel payment, ticketing, and fleet management solution for transport providers. Its specialized AI platform constantly analyzes millions of data points to assist mass transit systems to operate at peak efficiency for both passengers and operators.

For private passengers, the Bussr app is accessible for both iOS and Android, and gives end-to-end travel alternatives such as public buses, ride-sharing, trains, or even bike and scooter rentals to complete a trip. The user simply enters Point A and Point B, and the Bussr app uses its advanced AI algorithms to offer the optimal route in terms of time, cost, and carbon footprint by reducing reliance on single-occupant motor vehicle use.

Bussr's platform, which is available to cities, transport operators, schools, and corporations, may be branded or white-labeled for any use case. Bussr enables ticketing and payment administration, as well as extensive data insight on passenger flow, timing, and density. Operators are then able to correctly predict and plan for future passenger and transportation demands.

More than 900 transport partners already benefit from Bussr technology. In addition, 60 major payment providers are already on the Bussr platform, with 100,000 retail stores in 500 cities and towns.

The global workshop will be hosted by RESPOND, an initiative of the BMW Foundation. RESPOND works with entrepreneurs across the globe to drive innovation, accelerate sustainable business models, and empower responsible leadership in order to solve the world's social, environmental, and economic challenges.

Media Contact:
HA, Bussr Technologies
Email: press@bussr.com
Web: https://www.bussr.com

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

Global IT Consultancy Firm Xebia Acquires coMakeIT To Support Clients’ Continuous Innovation

Hilversum, the Netherlands, Jun 22, 2021 – (ACN Newswire) – Xebia, global IT consultancy firm, acquires software product engineering company coMakeIT to support clients' continuous innovation and business growth.

coMakeIT, founded in the Netherlands in 2006, helps product and software companies thrive by providing software product expertise, people and tools needed to meet ambitious objectives. Today, the company's primary focus is on product software companies creating the right mix of technology and teams support with the right talents so that its clients can achieve sustainable growth. CoMakeIT has profound knowledge of software development, product engineering, application modernization, digital transformation, and recruitment and operates from offices in the Netherlands, the UK, India, and Australia.

Xebia is a fast-growing digital leader known for helping companies worldwide digitally transform by offering high-quality IT consultancy from its offices in the Netherlands, India, the UK, US, and Dubai. The company has successfully launched several brands and continues to expand in line with its 'buy and build' strategy: partnering with thought leaders to gain additional footing in the digital space together. With coMakeIT, Xebia looks forward to expanding its managed services capability and having the resources to accelerate its clients' software development.

Steven ten Napel, CEO and founder coMakeIT: "We are extremely value-driven. Just like Xebia, at coMakeIT, it's all about 'people first.' Our company culture and field of work are very similar, which makes us a perfect match. Together, we will soon be able to better assist clients in overcoming scalability issues, implementing modern technology, and realizing growth."

Anand Sahay, CEO Xebia Global Services: "Xebia is an established leader in the Digital transformation, Software Engineering, Cloud, DevOps and Architecture space. Acquiring coMakeIT will help Xebia address the cloud native and platform development needs of ISV market and grow in that space globally. Together with coMakeIT, we clearly see complementary ability to create future ready products for our ISV customers and also develop innovative software for these platforms to help ISV's customers' needs. This creates a very strong proposition for ISVs and our ability to partner with them."

The right technology and the right talents are crucial for growth in a digital world. Acquiring coMakeIT will strengthen Xebia's long-term relationships with clients through comprehensive managed services, and coMakeIT will gain access to Xebia's in-depth knowledge of all digital transformation domains. Besides sharing the same values, both, originally Dutch companies, have experience expanding their presence to, for example, India, and will jointly continue to help businesses grow worldwide.


About Xebia

Xebia is a leading IT Consulting and Digital Technology company committed to deliver innovation and business excellence across the globe. It delivers digital solutions to global leaders for transforming their IT and Business Operations.

With nearly two decades of experience, it enables its clients through their digital journey by enabling them with informed decision-making through process level enhancements, intelligent data solutions, enhance their customer experience & journeys with new-age solutions and help strengthen their core with modern technologies such as AI/ML/Robotics, Microservices, Cloud-native apps and agile at scale to deliver unprecedented levels of performance. For more information, please visit us at www.xebia.com

About coMakeIT

Headquartered in Baarn, Netherlands, and with offices in Australia, UK, and India, coMakeIT helps software businesses and enterprises to accelerate their product innovation, modernize aging applications, and productize best practices into new software IP. For more information, please visit us at https://www.comakeit.com

For media queries
Email: infoindia@xebia.com

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

Global IT Consultancy Firm Xebia Acquires coMakeIT To Support Clients’ Continuous Innovation

Hilversum, the Netherlands, Jun 22, 2021 – (ACN Newswire) – Xebia, global IT consultancy firm, acquires software product engineering company coMakeIT to support clients' continuous innovation and business growth.

coMakeIT, founded in the Netherlands in 2006, helps product and software companies thrive by providing software product expertise, people and tools needed to meet ambitious objectives. Today, the company's primary focus is on product software companies creating the right mix of technology and teams support with the right talents so that its clients can achieve sustainable growth. CoMakeIT has profound knowledge of software development, product engineering, application modernization, digital transformation, and recruitment and operates from offices in the Netherlands, the UK, India, and Australia.

Xebia is a fast-growing digital leader known for helping companies worldwide digitally transform by offering high-quality IT consultancy from its offices in the Netherlands, India, the UK, US, and Dubai. The company has successfully launched several brands and continues to expand in line with its 'buy and build' strategy: partnering with thought leaders to gain additional footing in the digital space together. With coMakeIT, Xebia looks forward to expanding its managed services capability and having the resources to accelerate its clients' software development.

Steven ten Napel, CEO and founder coMakeIT: "We are extremely value-driven. Just like Xebia, at coMakeIT, it's all about 'people first.' Our company culture and field of work are very similar, which makes us a perfect match. Together, we will soon be able to better assist clients in overcoming scalability issues, implementing modern technology, and realizing growth."

Anand Sahay, CEO Xebia Global Services: "Xebia is an established leader in the Digital transformation, Software Engineering, Cloud, DevOps and Architecture space. Acquiring coMakeIT will help Xebia address the cloud native and platform development needs of ISV market and grow in that space globally. Together with coMakeIT, we clearly see complementary ability to create future ready products for our ISV customers and also develop innovative software for these platforms to help ISV's customers' needs. This creates a very strong proposition for ISVs and our ability to partner with them."

Vipul Baijal, Country Head – Xebia USA: "As the ISV market is moving towards the next phase of transformation and looking to solve scalability issues and platform challenges Xebia's acquisition of coMakeIT creates a unique value proposition to our ISV customers in North America and globally to create future-ready and innovative products and solutions."

The right technology and the right talents are crucial for growth in a digital world. Acquiring coMakeIT will strengthen Xebia's long-term relationships with clients through comprehensive managed services, and coMakeIT will gain access to Xebia's in-depth knowledge of all digital transformation domains. Besides sharing the same values, both, originally Dutch companies, have experience expanding their presence to, for example, India, and will jointly continue to help businesses grow worldwide.


About Xebia

Xebia is a leading IT Consulting and Digital Technology company committed to deliver innovation and business excellence across the globe. It delivers digital solutions to global leaders for transforming their IT and Business Operations.

With nearly two decades of experience, it enables its clients through their digital journey by enabling them with informed decision-making through process level enhancements, intelligent data solutions, enhance their customer experience & journeys with new-age solutions and help strengthen their core with modern technologies such as AI/ML/Robotics, Microservices, Cloud-native apps and agile at scale to deliver unprecedented levels of performance. For more information, please visit us at http://www.xebiaus.com

About coMakeIT

Headquartered in Baarn, Netherlands, and with offices in Australia, UK, and India, coMakeIT helps software businesses and enterprises to accelerate their product innovation, modernize aging applications, and productize best practices into new software IP. For more information, please visit us at https://www.comakeit.com

For media queries
Email: usa@xebia.com

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

Global IT Consultancy Xebia Acquires coMakeIT to Support Clients’ Continuous Innovation

Hilversum, the Netherlands, 22 June 2021 Xebia, the global IT consultancy firm, has acquired software product engineering company coMakeIT to support clients’ continuous innovation and business growth.

coMakeIT, founded in the Netherlands in 2006, helps product and software companies thrive by providing software product expertise, people and tools needed to meet ambitious objectives. Today, the company’s primary focus is on product software companies creating the right mix of technology and teams support with the right talents so that its clients can achieve sustainable growth. CoMakeIT has profound knowledge of software development, product engineering, application modernization, digital transformation, and recruitment and operates from offices in the Netherlands, the UK, India, and Australia.

Xebia is a fast-growing digital leader known for helping companies worldwide digitally transform by offering high-quality IT consultancy from its offices in the Netherlands, India, the UK, US and Dubai. The company has successfully launched several brands and continues to expand in line with its ‘buy and build’ strategy: partnering with thought leaders to gain additional footing in the digital space together. With coMakeIT, Xebia looks forward to expanding its managed services capability and having the resources to accelerate its clients’ software development.

Steven ten Napel, CEO and founder coMakeIT: “We are extremely value-driven. Just like Xebia, at coMakeIT, it’s all about ‘people first.’ Our company culture and field of work are very similar, which makes us a perfect match. Together, we will soon be able to better assist clients in overcoming scalability issues, implementing modern technology, and realizing growth.”

Anand Sahay, CEO Xebia Global Services: “Xebia is an established leader in the Digital transformation, Software Engineering, Cloud, DevOps and Architecture space. Acquiring coMakeIT will help Xebia address the cloud-native and platform development needs of the ISV market and grow in that space globally. Together with coMakeIT, we clearly see the complementary ability to create future-ready products for our ISV customers and also develop innovative software for these platforms to help ISV’s customers’ needs. This creates a very strong proposition for ISVs and our ability to partner with them.”

Vipul Baijal, Country Head – Xebia USA: As the ISV market is moving towards the next phase of transformation and looking to solve scalability issues and platform challenges Xebia’s acquisition of coMakeIT creates a unique value proposition to our ISV customers in North America and globally to create future-ready and innovative products and solutions.”

The right technology and the right talents are crucial for growth in a digital world. Acquiring coMakeIT will strengthen Xebia’s long-term relationships with clients through comprehensive managed services, and coMakeIT will gain access to Xebia’s in-depth knowledge of all digital transformation domains. Besides sharing the same values, both originally Dutch companies have experience expanding their presence to India, for example, and will jointly continue to help businesses grow worldwide.

About Xebia

Xebia is a leading IT Consulting and Digital Technology company committed to delivering innovation and business excellence across the globe. It delivers digital solutions to global leaders for transforming their IT and Business Operations.

With nearly two decades of experience, it enables its clients through their digital journey by enabling them with informed decision-making through process level enhancements, intelligent data solutions, enhance their customer experience & journeys with new-age solutions and help strengthen their core with modern technologies such as AI/ML/Robotics, Microservices, Cloud-native apps and agile at scale to deliver unprecedented levels of performance. For more information, please visit us at http://www.xebiaus.com

About coMakeIT

Headquartered in Baarn, Netherlands, and with offices in Australia, UK, and India, coMakeIT helps software businesses and enterprises to accelerate their product innovation, modernize aging applications, and productize best practices into new software IP. For more information, please visit us at https://www.comakeit.com

For media queries
Email: usa@xebia.com



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