StrategINK Solutions concluded The Global Agility Summit – Sri Lanka Edition themed around DATA | AI | CLOUD

Colombo, Sri Lanka, Nov 17, 2023 – (ACN Newswire) – StrategINK successfully concluded the Sri Lanka Edition of The Global Agility Summit, the leading DATA|AI|CLOUD conference, in Colombo on 3rd November 2023 at Marriott by Courtyard, Colombo.

The one-day conference brought together a dynamic assembly of 25+ subject matter experts and attracted 170+ attendees solidifying its reputation as the leading DATA, AI, CLOUD conference. The event served as a platform to explore the latest advancements, trends, and real-world applications in the fields of data analytics, artificial intelligence and cloud technologies.

We extend our heartfelt gratitude to our esteemed sponsor partners, whose unwavering support contributed to the resounding success of The Global Agility Summit’23. Our sponsors included industry giants such as Snowflake, Altria, Paloalto Networks, Cisco, Redington, Ruckus Networks, and Pinnacle, who played a pivotal role in making this event possible.

With a focus on the powerful trilogy of Data, AI, and Cloud, TGAS brought to light the latest advancements, trends and best practices through numerous panel discussions and sessions that are shaping the future of business and technology, leading the way in enabling transformation through innovation.

While each session catered to specific nuances, here are the key highlights from the conference:

Exploring “Economic Growth & Technology Trends”, highlighting the keys to unlocking transformation through technology, collaboration, and data.Embarking on a digital transformative journey in today’s business landscape, focusing on establishing a Cyber-Resilient Enterprise in 2023.Crafting a unified defense strategy in a fragmented digital world and going beyond boundaries to ensure security and continuity.Enhancing infrastructural agility with data, AI, and cloud, and bolstering organizational agility with Generative AI to drive innovation.Changing role of CIOs, CTOs and CISOs reflecting a paradigm shift from being a leader to catalysing adoption of emerging technologies.

“The Global Agility Summit has truly exemplified the transformative power of data, artificial intelligence, and cloud technologies in our ever-evolving world. The remarkable insights, collaborations, and innovations that emerged from the summit are a testament to the bright future of technology. We look forward to continuing this journey of discovery and growth, making our mark in the digital landscape”, said Santanu Ganguly, CEO, StrategINK

For more info about TGAS’ Sri Lanka, visit: www.strategink.com/the-global-agility-summit-2023/sri-lanka/

About StrategINK Solutions

A team of pragmatic and experienced Industry Experts, who passionately help Business Organizations (Buyers, Sellers, Business/Channel Partners) with a variety of services towards accelerating ‘Business Innovation & Go-to-Market’ pursuits. With our core offerings of ‘Research based Business Insights’, ‘Content driven Marketing Solutions’, ‘Digital Transformation Consulting & Advisory’, and ‘Learning, Enablement & Skill augmentation Services’, we catalyze & accelerate business transformation, digital led innovation, sales acceleration, skill enhancement, and customer delight. With our rich, diverse & hybrid model of digital and physical tools, techniques and industry proven frameworks and best practices, we develop unique solutions to address the complex business challenges of our clients and create compelling value through sustainable innovation.

For additional information, please contact:
Manish Sharma
Chief Business Officer
msharma@strategink.com

Graid Technology and ThinkParQ Forge Strategic Partnership to Revolutionize High-Performance Computing and Data Management

SANTA CLARA, CA, Nov 14, 2023 – (ACN Newswire) – Graid Technology, the visionary creators behind the groundbreaking SupremeRAID™, and ThinkParQ, the developers of the innovative BeeGFS parallel file system, proudly announce their collaboration to elevate the performance and fortify the data protection landscape across multiple industries.

This strategic partnership joins Graid Technology’s pioneering SupremeRAID™, a GPU-accelerated data protection solution, with ThinkParQ’s BeeGFS parallel file system, recognized for its unparalleled performance, scalability, and simplicity in management. The union aims to address the increasing demands in High-Performance Computing (HPC), Artificial Intelligence (AI) and Deep Learning, Media and Entertainment, Life Sciences, and Oil and Gas industries.

The collaboration between SupremeRAID™ and BeeGFS represents a seismic shift in the realm of data storage, data management, and business resilience. It effectively sidesteps the performance limitations inherent in other RAID products, providing enhanced data protection, scalability, flexibility, and reduced total cost of ownership (TCO).

“By joining forces with ThinkParQ, we aim to redefine the benchmarks in high-performance computing, AI, and diverse industries reliant on data-intensive operations,” stated Leander Yu, President and CEO of Graid Technology. “The collaboration between SupremeRAID™ and BeeGFS creates an unparalleled synergy that not only enhances performance but also ensures comprehensive data protection, scalability, and flexibility.”

“We are delighted to partner with Graid Technology and are really excited for our partners and customers to experience how they can benefit from the collaboration between SupremeRAID™ and BeeGFS,” said Frank Herold, CEO, ThinkParQ GmbH. “The technical innovation between the two companies will further enhance and accelerate our customers’ experience.”

The strategic partnership between Graid Technology and ThinkParQ signifies a pivotal moment in the evolution of storage solutions, promising cutting-edge advancements to cater to the most demanding computational workloads across various industries.

For more information, please visit the respective websites:
Graid Technology: www.graidtech.com
ThinkParQ: www.thinkparq.com

About ThinkParQ GmbH

ThinkParQ GmbH strives to create and develop the fastest, most flexible, and most stable solutions for every performance-oriented environment. Established in 2014 as a spinoff from the Fraunhofer Center for High-Performance Computing, ThinkParQ drives the research and development of BeeGFS, and works closely with system integrators to create turn-key solutions. Visit https://www.thinkparq.com for further information.

About Graid Technology and SupremeRAID™

Graid Technology, led by a dedicated team of experts with decades of experience in the SDS, ASIC, and storage industries, continues to push boundaries in data storage innovation. SupremeRAID™, hailed as the world’s only NVMe and NVMeoF RAID card to unlock the full potential of PCIe 3, 4, and 5 SSD performance, eliminates traditional RAID bottlenecks, leveraging GPU acceleration to maximize enterprise SSD performance. The company’s headquarters in Silicon Valley, supported by an R&D center in Taiwan, symbolizes our global commitment to pioneering advancements in storage solutions. Visit our website or connect with us on Twitter or LinkedIn.

Contact Information
Andrea Eaken
Director of Marketing, Americas & EMEA | Graid Technology
andrea.eaken@graidtech.com
949-742-9928

Troy Patterson
Head of Marketing and Partnerships, ThinkParQ
troy.patterson@thinkparq.com

Survey Reveals Business Professionals Expect Use of Generative AI Will Drive Sharp Increase in Volume of Data and Insights Incorporated Into Business Operations

BERLIN, Germany, Nov 9, 2023 – (ACN Newswire) – A new survey of insights experts and business stakeholders highlights the rapid adoption of AI technologies in reshaping how knowledge flows through enterprises. The report, “How AI will transform use of research, data and insights“, published today by Market Logic Software, the global leader for insights management solutions, reveals that more than three-quarters of insights teams and two-thirds of stakeholders have already begun using AI for insights-related tasks.

Innovation Report: How AI will transform use of research, data & insights

The report forecasts a sharp rise in self-service interactions with insights data amongst marketers, product managers, and other business stakeholders as AI accelerates the trend towards democratization of research and data. In parallel, the survey reveals that insight teams are set to bank the productivity benefits of AI: cutting the time needed to complete a wide range of research and knowledge management tasks. Almost 40% of insights leaders believe these enhanced AI capabilities will prompt them to shrink the size of their teams.

“More than 80% of all respondents expect that AI will help them to ‘spot new trends faster’ and ‘manage existing knowledge resources better.’ These forward-thinking pioneers will be at the forefront of seizing competitive advantage through AI and implementing a new generation of insights-driven operations,” commented Olaf Lenzmann, Market Logic Software’s Chief Innovation and Technology Officer.

While the report illustrates a good deal of alignment between business stakeholder groups and insights teams on the potential for AI to scale insights-driven decision-making, it also uncovers some marked differences in attitudes to risks. Where business leaders focus more on data security and compliance requirements, insights teams place emphasis on the need to create guardrails for research data output quality and accuracy.

“Discussion of AI tends to focus on efficiency benefits, but this data sheds new light on what may be an even more important impact,” says Mike Stevens, the report’s lead researcher and author. “Nearly 75% of stakeholders believe AI will increase their organization’s demand for research and insights. To meet this demand, insights teams will need to evolve their mix of skills, empower their stakeholders, and adopt a range of new technologies.”

Based on a series of in-depth interviews and a comprehensive survey of enterprise organizations, the report was researched and produced by industry analyst, Insight Platforms. More than 200 professionals in the USA, UK, and Canada completed the survey. Half of these worked in market research and insights functions; the remaining half were in stakeholder teams such as strategy, marketing, or product management. This sample provides the first cross-functional gauge of professional perspectives on embracing AI for research and insights. This report is now publicly available for download from Market Logic Software.

About Market Logic Software:

Market Logic is a market-leading SaaS provider of insights management solutions.

Our AI-enabled insights management platform allows insights teams to equip business decision-makers with trusted insights at scale and speed. Since 2006, we’ve helped hundreds of consumer-focused brands across the globe to transform into insights-driven businesses. Market leaders such as Unilever, Vodafone, Astra Zeneca and Tesco are driving innovation and making smarter market moves with the support of Market Logic. Find out more at https://marketlogicsoftware.com/

About Insight Platforms:

Insight Platforms is the leading publisher of expert content for insights technology and digital research methods. With virtual events, training courses and a comprehensive directory of tools, the site attracts a global audience of over 250,000 insights and data professionals annually.

Contact Information
Daniela Zuin
CMO
daniela.zuin@marketlogicsoftware.com

WithSecure Cloud Protection for Salesforce bringing data residency capabilities to Australia, Singapore

Helsinki, Finland, Nov 7, 2023 – (ACN Newswire) – As organizations continue to migrate data to the cloud, where and how data is handled is becoming an important consideration. WithSecure’s Cloud Protection for Salesforce—a trusted, natively integrated solution that prevents attacks via files and URLs uploaded to Salesforce Clouds—is helping its customers manage these consideration by allowing them to select where its data is processed.

As cross-border data transfers increase, it’s becoming increasingly challenging for organizations to understand where their data actually is. And the proliferation of region and country specific data protection laws is making this challenge more significant for organizations, as it requires compliance with regulations that can differ considerably from jurisdiction to jurisdiction.

Many of these laws have specific data residency or sovereignty requirements that specify where data should be stored and/or processes. And it’s an issue that goes beyond simple compliance. Whether it’s on a local server in a company’s headquarters or in cloud storage located halfway around the world, the physical location of data influences how it’s managed and protected.

According to WithSecure™ CEO Juhani Hintikka, these regulations have security benefits, but also challenges that organizations need help with.

“Countries around the world are beginning to view data as an important resource and many of them are responding by regulating how it’s stored and protected. This is basically good for security, but organizations need practical solutions to benefit. Now, the work falls to us and our partners to provide practical solutions so organizations can benefit from these security requirements without getting distracted from pursuing their strategic goals,” he explained.

WithSecure™ Cloud Protection for Salesforce is a native application that runs in Salesforce environments. It’s designed to prevent attacks via files and URLs uploaded to Salesforce Clouds. It gives real-time protection against viruses, trojans, ransomware and other advanced malware.

It’s configurable Point of Presence feature can help companies address concerns about the geographical location of their data by allowing them to select where Cloud Protection for Salesforce data is processed.

Current choices available to users include the US or EU. However, due to increasing demand in other regions, WithSecure™ is making Australia and Singapore available at the end of November, and expects to add more countries in the future.

“Organizations want to be ahead of the curve when it comes to complying with data protection regulations, so these capabilities are in high demand. But for many of our clients it’s not just about compliance. Controlling where data is processed can lead to improved service performance, building trust with customers, and of course, improved security,” said Hintikka.

More information on WithSecure Cloud Protection for Salesforce is available at https://cloudprotection.withsecure.com/.

About WithSecure™

WithSecure™, formerly F-Secure Business, is cyber security’s reliable partner. IT service providers, MSSPs and businesses – along with the largest financial institutions, manufacturers, and thousands of the world’s most advanced communications and technology providers – trust us for outcome-based cyber security that protects and enables their operations. Our AI-driven protection secures endpoints and cloud collaboration, and our intelligent detection and response are powered by experts who identify business risks by proactively hunting for threats and confronting live attacks. Our consultants partner with enterprises and tech challengers to build resilience through evidence-based security advice. With more than 30 years of experience in building technology that meets business objectives, we’ve built our portfolio to grow with our partners through flexible commercial models.

WithSecure™ Corporation was founded in 1988, and is listed on NASDAQ OMX Helsinki Ltd.

WithSecure™ media relations
Adam Pilkey
+358406378859

Greenridge Global Initiates Equity Research on Society Pass Inc (Nasdaq: SOPA): Loyalty Wallet-Based eCommerce Ecosystem & Influencer Advertising Agency Poised For Outsized Growth In Fast Growing Southeast Asia

NEW YORK, Nov 2, 2023 – (ACN Newswire) – Greenridge Global LLC (“Greenridge Global”) initiates equity research coverage on Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem.

Click Here (on Society Pass website) to view the full Greenridge Global Equity Research Report.

Summary Points:

• Valuation: Greenridge Global initiates coverage with a target price based on an EV/Revenue multiple of roughly 3 times 2025 Revenue estimate of $33.3 million, discounted back one year at 20%. The mix of social/influencer advertising and a loyalty-driven eCommerce ecosystem present a unique opportunity to capture this growth, and collect an abundance of data that can be monetized down the road. Greenridge Global believes the market is not fairly valuing SoPa’s assets at this time and believe listing some of its subsidiaries provides greater transparency to SoPa’s overall business model.

• SEA is Ideal Market for SoPa: SoPa is uniquely positioned to capitalize on the young and rapidly growing digitally-connected population in SEA, which is poised to see among the highest GDP growth rates over the next handful of years, while having arguably less geopolitical risk than other countries.

• Loyalty Wallet to Drive Revenues Growth: The Company launched its Society Points Loyalty Wallet in June 2023 and should have all of its subsidiaries linked by the end of 2023, which should boost sales across businesses, increase retention and offer unique advertising opportunities to the 3.3 million users of its companies.

• Thoughtful Media Expected to See Substantial Revenue Generation: Thoughtful Media is in the early stages of rapid expansion, through strategic bolt-on acquisitions and opening new regional offices, all of which should result in substantial Revenue growth in the next few years.

• SEA Unbanked Population Offers Growth Potential for SoPa: Roughly 70% of Southeast Asia’s population is unbanked or underbanked, making the payment options of the Loyalty Wallet a starting point for the Company to deliver different financial service options to its users.

• Acquisitions to Drive NusaTrip Growth: The recent VLeisure acquisition and early rollup stages of traditional travel agencies, coupled with the mobile access Gorilla’s eSIM brings should turn NusaTrip into a holistic travel booking destination for the SEA region, which has seen rapid increases in travel post-Covid.

• Expected Capital Markets Activities in 2024 to Unlock Value: SoPa is in the midst of listing two of its key assets, Thoughtful Media and NusaTrip, which should enhance the valuation of these assets, as well as provide for more diverse funding and M&A options.

About Greenridge Global LLC

Greenridge Global was founded in June 2012 with the aim of providing a range of institutional services to small cap and Asian-based companies who have been abandoned by traditional broker-dealers. Greenridge’s growing team has a rich history of working in buyside, sell-side and investment banking capacities in the US and Asia, enabling it to have a broad network of investors and industry partners. We look forward to providing a high level of value added service to our corporate and investor clients around the world. For more information on Greenridge Global, please visit: Website at https://www.greenridgeglobal.com/home.html.

About Society Pass Inc.

Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 5 interconnected verticals (loyalty, digital media, travel, telecoms, and lifestyle), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.7 million registered consumers and over 650,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; VLeisure, Vietnam’s leading provider of hotel management and payment solutions; Gorilla Global, a Singapore-based, mobile network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; and NextGen Retail, a Indonesia-based e-commerce platform.

For more information on Society Pass, please visit:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Cautionary Note Concerning Forward-Looking Statements

This press release may include “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus relating to the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contact:
Rokas Sidlauskas
Chief Marketing Officer
rokas@thesocietypass.com

Colt completes $1.8bn acquisition of Lumen EMEA

LONDON, Nov 2, 2023 – (ACN Newswire) – Colt Technology Services (Colt), the digital infrastructure company, today announced it has completed the acquisition of Lumen EMEA for $1.8bn. The closure of the transaction is the final stage in Colt’s exclusive agreement with Lumen Technologies, Inc. to purchase Lumen’s Europe, Middle East and Africa (EMEA) business.

The transaction marks a pivotal point for Colt and brings renewed optimism to the European telecoms industry, providing greater choice and expansive global capabilities to enterprises investing in powerful, sustainable digital infrastructure as the driving force behind their organisations. It elevates Colt to one of the world’s largest business-to-business-only telecoms companies and an influential global player. Keri Gilder will remain as Colt’s CEO, supported by a skilled, diverse executive leadership team.

As part of the acquisition, Colt and Lumen Technologies, Inc. will enter into a partnership agreement which sees businesses in North America benefit from access to Colt’s award-winning digital infrastructure and services within and outside of North America.

Keri Gilder, CEO, Colt Technology Services said, “Closing this acquisition brings us to a momentous point in our growth journey and marks our deep commitment to our customers, helping them scale and grow. It brings us amazing new talent; extends our technology portfolio and our partner ecosystem; and significantly expands our digital infrastructure as we enter new markets across Eastern Europe, the UAE and parts of Africa.”

She continues, “Our industry is on the cusp of groundbreaking transformation; it must deliver a digital roadmap for a hyperconnected global society in a responsible, fair and equitable way. As a pioneer for sustainable networks, the acquisition makes Colt one of the most powerful voices in the industry. It gives us the opportunity to lead the industry in driving purposeful, meaningful change to protect our people and our planet.”

“Colt has always been relentless about delivering brilliant experiences to business customers,” said Camille Mendler of Omdia. “That mission has now gained wider global scale at a critical time. Enterprises worldwide need steadfast partners to navigate profound changes in digital consumption including network-as-a-service, zero-trust security and hybrid cloud computing.”

Customers will benefit from Colt’s existing suite of award-winning technologies featuring On Demand and SD WAN alongside an extended portfolio of new services including new security technologies; market-leading SASE products; managed hosting and professional services, as well as:

– 1,300 new customer-focused employees across 16 countries

– 1,630,031 kilometres of fibre connecting 125 European cities in 34 EMEA countries

– 11,000 kilometres of metropolitan network in 23 countries and the UAE

– 12 cable landing stations in six countries

– 10 subsea cable systems – six transatlantic and four within Europe

The acquisition – which brings Colt 2,700 customers including blue chip corporations, leading enterprises and public sector customers – sees Colt expand the reach of its services via PoPs (Points of Presence) in Dubai, Estonia, Greece, Iceland, Israel, Kenya, Serbia, Slovenia, South Africa and Turkey.

The acquisition closes as Colt’s latest brand research highlights businesses’ plans to extend their digital infrastructure outside their existing markets. Questioning 1,100 senior IT decision makers across APAC, Europe and the US, Colt found 44% planned to extend their digital infrastructure to Europe and 40% to APAC. More than one in three (35%) plan to extend it to the Americas; 29% to the Middle East; and almost one in four (24%) plan to expand their network to Africa.

Keri stated, “Technology companies that will thrive in the future will be those with scale, adaptability and a strong sense of purpose. We’ve worked hard to build these capabilities. By staying true to our culture and commitments and building our business around our customers’ success, we’re ready to write the next chapter in our story.”

About Colt Technology Services

Colt Technology Services (Colt) is a global digital infrastructure company which creates extraordinary connections to help businesses succeed. Powered by amazing people and like-minded partners, Colt is driven by its purpose: to put the power of the digital universe in the hands of its customers, wherever, whenever and however they choose.

Since 1992, Colt has set itself apart through its deep commitment to its customers, growing from its heritage in the City of London to a global business spanning 38 countries, with over 6,000 employees and more than 80 offices around the world. Colt’s customers benefit from expansive digital infrastructure connecting 32,000 buildings across 230 cities, more than 50 Metropolitan Area Networks and 230 Points of Presence across Europe, Asia, the Middle East, Africa and North America’s largest business hubs.

Privately owned, Colt is one of the most financially sound companies in the sector. Obsessed with delivering industry-leading customer experience, Colt is guided by its dedication to customer innovation, by its values and its responsibility to its customers, partners, people and the planet. For more information, please visit www.colt.net

Press Contact:
Anne Amlot – Head of PR
+447899 950730
Anne.Amlot@colt.net

Society Pass Inc (Nasdaq: SOPA) Awarded the 2023 APEA Fast Enterprise Award for E-Commerce Category

SINGAPORE, Nov 1, 2023 – (ACN Newswire) – Society Pass Incorporated (“SoPa”) (Nasdaq: SOPA), Southeast Asia’s (SEA) next-generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces that it received the Enterprise Asia’s 2023 “Fast Enterprise Award for E-Commerce” award. The Asia Pacific Enterprise Awards (APEA) ceremony was held on 05 October 2023 at the Log Hotel in Ho Chi Minh City, Vietnam.

SoPa CFO, Tan Yee Siong, accepting Fast Enterprise Award for E-Commerce

Through the prestigious APEA programme, Enterprise Asia recognizes entrepreneurial excellence throughout the Asia Pacific region. APEA aims to band leading entrepreneurs and organizations across Asia to spur greater innovation, fair practices and growth in entrepreneurship, creating a successful entrepreneurial ecosystem which will then shape Asia to sustainable economic and social growth. APEA honors business leaders and organizations who have shown outstanding performance and tenacity in developing successful businesses, whilst not neglecting the social responsibilities that come with leadership.

Tan Yee Siong, Chief Financial Officer of SoPa, comments, “We are very proud to receive this Fast Enterprise Award for the e-commerce category from Enterprise Asia. It is a reflection and recognition of the effort and hard work that our teams across the ecosystem deliver daily. We significantly invest into recruitment, training and implementing best practices across our operations. The benefits are already reflected in the growth of our company, but it is especially rewarding to be recognized for those efforts by APEA. We continue to deliver and hope to be nominated again across other categories in the years to come.”

Kevin Vong, Executive Director of Enterprise Asia, said, “APEA’s goal is to recognize enterprises and business leaders who have shown outstanding track records, perseverance and growth. It is our great pleasure to congratulate Society Pass Incorporated for being selected as the winner under the e-Commerce Industry of the prestigious Asia Pacific Enterprise Awards (APEA) 2023.”

About Enterprise Asia

Enterprise Asia is a leading non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs and other organizations to promote competitiveness and entrepreneurial development, in uplifting the economic status of people across Asia and in ensuring a legacy of hope, innovation and courage for the future generation. For more information on Enterprise Asia, please visit: https://www.enterpriseasia.org/.

About Society Pass Inc.

Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.6 million registered consumers and over 650,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; VLeisure, Vietnam’s leading provider of hotel management and payment solutions; Gorilla Global, a Singapore-based, mobile network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; and NextGen Retail, a Indonesia-based e-commerce platform.

Cautionary Note Concerning Forward-Looking Statements

Media Contacts:
Rokas Sidlauskas
Chief Marketing Officer
rokas@thesocietypass.com

Unlocking the Power of Collaboration: Chief Customer Officers (CCO) & Enterprise Leaders Summit 2024 Empowers Cross-Functional Transformation

Singapore, Oct 26, 2023 – (ACN Newswire) – The Chief Customer Officers (CCO) & Enterprise Leaders Summit 2024, happening in Singapore from 25-28 March, is set to unlock the power of collaboration, fostering cross-functional transformation within enterprises. Expect dynamic insights and actionable strategies for driving customer-centric innovation and digital integration at the forefront of business operations.

Amidst the rapidly shifting tides of the global economy and the dynamic technological landscape, the imperative for enterprises to prioritize a digital-first, customer-centric approach has become more pressing than ever. The intricate nature of integrating technology within business operations necessitates seamless collaboration among cross-functional teams, highlighting the paramount significance of fostering a holistic and unified organizational culture.

Recognizing this pressing need, the Chief Customer Officers (CCO) & Enterprise Leaders Summit is poised to convene a prestigious congregation of thought leaders and internal change agents dedicated to spearheading the paradigm shift necessary for comprehensive customer transformation. This distinguished summit is strategically designed to serve as a pivotal forum for collaborative discourse and actionable insights, catering to an array of cross-functional executives encompassing roles such as Customer, Data, Digital, Technology, Marketing, and Operations.

“Effective cross-functional collaboration is the bedrock of successful enterprise transformation in today’s dynamic business environment,” affirms Jamie Tan, General Manager of IQPC Asia. “The Chief Customer Officers (CCO) & Enterprise Leaders Summit is committed to fostering an ecosystem of collaboration and knowledge-sharing that is essential for enterprises looking to pave the way for a digital-first, customer-first future.”

The highly anticipated summit is scheduled to take place from 25- 28 March 2024, serving as a definitive precursor to the forthcoming The Customer Show Asia expo, scheduled for March 2025. This summit will feature 40+ C-Suite speakers, 9 interactive discussion groups, and 8 modules focusing on critical transformation strategies, including but not limited to:

Digital Transformation in a High-Tech World
Data: Connecting the Dots Enterprise-Wide
The Rise of Phygital Experience
The Rise of Gen Z
Cross-Functional Accountability for Customer Strategies
Game-Changing Innovation for Real-Time Customer Interactions
Leveraging Internal Champions for Customer Transformation
AI-Driven Customer Transformation

With its exclusive focus on dismantling operational silos and driving tangible, enterprise-wide transformation, the Chief Customer Officers (CCO) & Enterprise Leaders Summit promises to be a pivotal juncture for business leaders aiming to navigate the intricacies of the modern customer landscape.

For more information and to download the agenda, please visit the official event website at www.cxnetwork.com/events-ccoandenterpriseleaderssummit/agenda-mc.

Don’t miss the opportunity to bring your team members along and enjoy up to 45% discount. Register now to secure your seats at this transformative event: www.cxnetwork.com/events-ccoandenterpriseleaderssummit/srspricing

Communications Association of Hong Kong supports the initiatives on communications industry in the Chief Executive’s 2023 Policy Address

HONG KONG, Oct 25, 2023 – (ACN Newswire) – Communications Association of Hong Kong (CAHK) fully supports the Chief Executive’s 2023 Policy Address, in particular Strengthening Hong Kong’s role as a regional communications hub.

CAHK welcomes the Hong Kong SAR Government’s planning in the four specific areas: (1) “Further enhance the overall coverage of 5G network by expediting the expansion of mobile network infrastructure in rural and remote areas, making more 5G spectrum available to mobile network operators through auctions and co-ordinating with relevant organizations to enhance the 5G network capacity at major public event venues, e.g. Central Harbourfront Event Space, Hong Kong Coliseum, Hong Kong Convention and Exhibition Centre, AsiaWorld-Expo, etc.” (2) “Continue with the legislative amendment work by introducing an amendment bill of the Telecommunications Ordinance into the LegCo by end-2023 and revising the relevant guidelines to ensure that appropriate space will be made available in new buildings for the installation of telecommunications facilities by mobile network operators.” (3) “Continue to strive to assist mobile network operators in installing radio base stations, including opening up some 1 500 government premises for such installation by the operators.” (4) “Continue to provide financial incentives to encourage fixed network operators to extend fibre-based networks to 235 villages in remote areas, with a view to progressively completing the relevant works by 2026.”

CAHK is also pleased to see that the issue of the labor force has been addressed by including the establishment of the Hong Kong Institute of Information Technology in the Policy Address. This initiative is of great significance as it aims to nurture local talents in the information technology sector, which will contribute to sector’s long-term growth and sustainability.

CAHK actively participated in the Consultation Section of Policy Address 2023, contributing insights and recommendations. We are pleased to see that the Policy Address incorporates a significant portion of our input, reflecting the government’s receptiveness to stakeholders’ perspectives.

As an industry association, CAHK remains dedicated to actively engaging in policy discussions and collaborating with the government. We strive to create an environment that fosters innovation, enhances connectivity, and reinforces Hong Kong’s position as a regional leader in the communications field.

About Communications Association of Hong Kong

CAHK is a non-profit making organisation incorporated in Hong Kong on 27 May 1983 following the announcement of deregulation of local communication products and services. It is the association for Hong Kong’s communications industries, with responsibilities across broadcasting, wireline and wireless communications, and other sectors in information communications technology.

For more information, please visit: www.cahk.hk

This press release is distributed by Communications Association of Hong Kong.

For enquiries, please contact:

Communications Association of Hong Kong

Ms. Peggy Jor, General Manager

Tel: (852) 2504 2732

Fax: (852) 2504 2752

Email: info@cahk.hk

Society Pass Inc (Nasdaq: SOPA) / Thoughtful Media Group Inc Ventures into Concert Sponsoring in Indonesia; Developing an Innovative Revenue Stream and Creating Unique Marketing Opportunities for Advertisers

JAKARTA, Oct 24, 2023 – (ACN Newswire) – Thoughtful Media Group Inc (“Thoughtful Media” or “TMG”), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated (“SoPa”) (Nasdaq: SOPA), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces that it will commence sponsoring local live music events in SEA, resulting in creating unique marketing opportunities for advertisers.

Expected to launch its first concert in 4Q 2023 in Jakarta, Indonesia, TMG-sponsored concerts will focus on the local musicians with a tag line of “Lemburan”, which translates as “over-time”, aiming to create a distinctive space and time for music fans to gather and to enjoy the nostalgia of their favourite musicians. Streaming these concerts via TMG-affiliated social media channels, advertisers have the opportunity to collaborate with TMG-connected influencers in promoting these popular music events and reaching to their desired audiences.

Ilhamka Nizam, TMG Indonesia Country Head, explains, “Indonesians love music, and it comes as no surprise that TMG found an innovative way to tap into that expanding market segment. Across these live events, TMG aims to reach over 2.5 million over the course of the next year which will create significant sponsorship opportunities for advertisers and our 10,000-member influencer community here in Indonesia. We are planning to host 1 concert each month and is projected to earn $680K annually, and each year we are planning to host 1 big festival that is outside the monthly concerts we will be hosting. I am confident that over 2024, the Group will expand these initiatives across the rest of the TMG markets in Southeast Asia, significantly increasing the revenues for the Group”.

About Thoughtful Media Group Inc.

Founded in 2010, Thoughtful Media Group is the leading digital advertising platform in SEA. Through our network of more than 10,000 talented creators across multiple industries in Thailand, Vietnam, Indonesia and Philippines, we help brands maximise marketing budgets and achieve business objectives through some of the most innovative marketing campaigns in the region.

In July 2022, Society Pass (Nasdaq: SOPA), the next generation acquisition-focused fintech and e-commerce ecosystem in SEA, acquired TMG. Since then, TMG has fully evolved into a digital-first and fully integrated advertising powerhouse, servicing creators and advertisers in SEA.

For more information on TMG, please visit:
Website at www.thoughtfulmedia.com or
LinkedIn at https://www.linkedin.com/company/thoughtful-media-group-inc or
Instagram at https://www.instagram.com/thoughtfulmedia/ or
Facebook at https://www.facebook.com/thoughtfulmediaasia or
Twitter at https://twitter.com/ThoughtfulMedia.

About Society Pass Inc.

Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.6 million registered consumers and over 650,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; VLeisure, Vietnam’s leading provider of hotel management and payment solutions; Gorilla Global, a Singapore-based, mobile network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; and NextGen Retail, a Indonesia-based e-commerce platform.

Cautionary Note Concerning Forward-Looking Statements

Media Contacts:
Rokas Sidlauskas
Chief Marketing Officer
rokas@thesocietypass.com