Speaker of The Australian House of Representatives Hon Milton Dick MP Officially Opens THERMAL-XR(R) Blending Plant

Brisbane, Queensland, Australia–(ACN Newswire – October 4, 2023) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to advise that the Honourable Milton Dick Member for Oxley and Speaker of The Australian House of Representatives officially opened the THERMAL-XR® Coating Blending Plant on Thursday 28th September 2023.

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Honourable Milton Dick said, “This blend plant represents a substantial investment in both technology and talent, featuring the latest advancements in nanotechnology coating production processes and quality control measures. The plant’s opening is a testament to GMG’s focus to develop into a world-leading energy-saving product manufacturing business.”

GMG’s CEO Craig Nicol stated, “GMG is very fortunate to be in the Federal seat of Oxley and to have a Federal Member who is very supportive of Industry. Speaker Milton Dick visited GMG at its Sumner Park location in 2020. The official opening is another significant milestone for GMG in striving towards achieving revenue from Energy Saving Products.”

GMG’s 4 critical business objectives remain to:

  1. Produce Graphene and improve/scale the production process
  2. Build Revenue from Energy Savings Products
  3. Develop Next-Generation Battery
  4. Develop Supply Chain, Partners & Project Execution Capability

About THERMAL-XR® powered by GMG Graphene:

THERMAL-XR® COATING SYSTEM is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.

THERMAL-XR RESTORE® is powered by GMG Graphene. PATENT PENDING.

About GMG www.graphenemg.com

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, with low cost inputs, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

For further information please contact:

  • Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

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

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the ability of the Company to generate revenue from energy saving products, political support of the industry, and future market and distributor demand for the Company’s products.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things risks relating to the Company failing to generate revenue from energy saving products, if at all, political support of the industry, the blending plant’s ability to service future market and distributor demand, and future demand for the Company’s products.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company’s ability to generate revenue from energy saving products, political support of the industry, and future demand for the Company’s products.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

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JE Cleantech – Singapore-based Precision Cleaning Leader Sees Growth in Revenue and Net Income in H1 2023

SINGAPORE, Oct 3, 2023 – (ACN Newswire) – JE Cleantech Holdings Limited (“JE Cleantech” or “JCSE” or “the Company”) (NASDAQ: JCSE), a leading Singaporean cleantech and precision engineering company, today released its financial results for the six-month period ended June 30, 2023 (“H1 2023”). The Company has experienced significant growth in revenue and net income compared to the corresponding period last year (“H1 2022”), reflecting its commitment to delivering innovative and sustainable solutions in the cleaning technology sector.

In H1 2023, JCSE’s revenue experienced an increase of approximately 22.5% compared to H1 2022 to achieve approximately S$8.8 million (US$6.5 million) of sales. The growth was driven by nearly 50% increase in sales of cleaning systems and other equipment. JCSE also recorded a net income of approximately S$0.3 million (US$0.21 million) in H1 2023, demonstrating an approximately 89.8% climb from approximately S$0.15 million (US$0.1 million) in H1 2022. The Company attributes its revenue and profit growth to its solid customer base and changing demand dynamics. Leveraging its expanded customer base through strategic efforts, the Company managed to receive recurring and new orders for the precision cleaning systems.

“2023 has so far been a very promising year for the precision cleaning business”, shared Elise Hong Bee Yin, Founder and CEO of JE Cleantech. “We remain committed to our pursuit of excellence, innovation, and sustainable growth. By adapting to market changes, enhancing customer relationships, and closely monitoring cost dynamics, we aim to continue our trajectory of success.”

The results follow a strong 2022 financial performance from JCSE. With the foundation laid in the first half of the year, JCSE is looking to build upon its success through strategic expansion of its business in new markets. The Company remains committed to Singapore as a priority market while monitoring opportunities overseas. In H1 2023, JCSE stepped up its green efforts by implementing sustainable initiatives in its production, such as installing solar panels in its main facility and enhancing the recycling process. The Company also partnered with a Singapore deep-tech manufacturer to develop cleaning robots in an effort to diversify its product offerings. JCSE is well-positioned to capitalize on the growing demand for sustainable solutions in the global market.

About JE Cleantech Holdings Limited

JE Cleantech Holdings Limited is based in Singapore and is principally engaged in (i) the sale of precision cleaning systems and other equipment; and (ii) the provision of centralized dishwashing and ancillary services. Through its subsidiary, JCS-Echigo Pte Ltd, the company designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications primarily to customers in Singapore and Malaysia. Its cleaning systems are mainly designed for precision cleaning, with features such as particle filtration, ultrasonic or megasonic rinses with a wide range of frequencies, high pressure drying technology, high flow rate spray, and deionized water rinses, which are designed for effective removal of contaminants and to minimize particle generation and entrapment. The Company also has provided centralized dishwashing services, through its subsidiary, Hygieia Warewashing Pte Ltd, since 2013 and general cleaning services since 2015, both mainly for food and beverage establishments in Singapore. For more information about JE Cleantech, please visit our website: www.jecleantech.sg.

Disclaimer: Forward looking statements

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements may be identified by such words or phrases as “should,” “intends,” “is subject to,” “expects,” “will,” “continue,” “anticipate,” “estimated,” “projected,” “may,” “I or we believe,” “future prospects,” “our strategy,” or similar expressions. Forward-looking statements made in this press release that relate to our future contract revenues among other things involve known and unknown risks and uncertainties that may cause the actual results to differ materially from those expected and stated in this announcement. We undertake no obligation to update “forward-looking” statements.

For Media Enquiries and Investor Relations, please contact:
enquiry@jecleantech.sg



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

New Safety Research Sheds Light on Crucial Child Safety Product Concerns

BREDARYD, SWEDEN, Sept 28, 2023 – (ACN Newswire) – In a dedicated effort to enhance child safety standards, Too Consult Sweden AB feels obliged to announce the results of our extensive investigation into the safety of retractable “Safety Barriers” (known in Europe) and “Expansion Gates” (known in the U.S.). This comprehensive study encompassed a meticulous analysis of numerous models available in both European and U.S. markets.

Related Image

Testing at the Research Institutes of Sweden (RISE) – Borås, Sweden

Physical laboratory tests were meticulously conducted by the esteemed state-owned Research Institutes of Sweden (RISE), while chemical evaluations were carried out by SGS-CSTC (Standards Technical Services Co., Ltd) in China.

The tests covered the following aspects:

  • Product Marking
  • Purchase Information
  • Instruction for Use – Manual
  • Product Registration Card (CPSC 16 CFR 1130), only U.S.
  • Protective Height
  • Gaps (Hip Probe/Small Torso)
  • Protrusion Hazards (Ball-Chain), only EU
  • Chemical content test of fabric according to:
  • * EU: EN71-3:2019+A1:2021, 2009/48/EC TSD
  • * U.S.: 16 CFR 1303 + CPSIA and HR 4040, 16 CFR 1307/CPSIA section 108 and Moorberg V, North States Industries Inc. out of court settlement and California State, AB 652.

Our findings, which bear significant implications for parents and caregivers alike, highlight the widespread availability of safety devices in both territories. The 24 models subjected to rigorous examination encompassed a wide array of over 90 unique brand names, with our analysis laser-focused on key clauses from the European standard EN1930:2011 and the U.S. standard ASTM F1004-22.

The outcome of our comprehensive testing has unveiled critical concerns, as certain models exhibited defects that have the potential to result in severe or, tragically, even fatal injuries to children. Conversely, a select subset of models showcased a safety design that maximizes child protection.

These findings highlight a troubling pattern of neglect or inadequate comprehension of safety standards within both manufacturers and merchants. Furthermore, they underscore the shortcomings of government consumer watchdogs and consumer organizations in monitoring dangerous products within their respective markets.

For more in-depth information about the study and our testing results, please visit the following link: https://medium.com/too-consult-sweden/safety-research-reveals-alarming-dangers-in-many-retractable-child-safety-gates-sold-on-online-d91c73a05236. An overview of the testing results can be viewed here: https://vimeo.com/867816088

In light of these paramount findings, Too Consult Sweden AB is committed to disseminating this crucial information to the public. Further insights, in-depth analysis, and comprehensive details regarding our research can be provided.

For media inquiries, please contact:

Mattias Larsson, Too Consult Sweden AB, +46 705 700 262, info@tooconsult.se

Contact Information

Mattias Larsson, Manager, info@tooconsult.se, +46 705 700 262

Related Images

Related Image

Testing at the Research Institutes of Sweden (RISE) – Borås, Sweden

Related Image

Protective Height Testing – Fail



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TANAKA Establishes Production System in China for Fuel Cell Electrode Catalysts

TOKYO, Sep 12, 2023 – (ACN Newswire) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Group CEO: Koichiro Tanaka), which operates an industrial precious metals business as a core company of TANAKA Precious Metals, announced today that it has signed a technical assistance agreement with Chengdu Guangming Paite Precious Metal Co., Ltd., an affiliated company in China, in the area of fuel cell electrode catalyst manufacturing technologies.


Electrode catalysts for polymer electrolyte membrane fuel cells (PEFCs)


As part of the agreement, production equipment will be installed at the plant of Ya'an Guangming Paite Precious Metal Co., Ltd., a subsidiary of Chengdu Guangming Paite Precious Metal, with plans to start full-scale production in the summer of 2024. The companies also plan to start production of fuel cell electrode catalysts for the Chinese market by the end of 2025. As a member of TANAKA and with the leading share of the global market for fuel cell electrode catalysts, TANAKA Kikinzoku Kogyo aims to use this agreement to meet the growing domestic demand for fuel cell electrode catalysts in China.

TANAKA's Fuel Cell Electrode Catalysts

TANAKA's FC Catalyst Development Center, within its Shonan Plant, is currently developing and manufacturing electrode catalysts for polymer electrolyte membrane fuel cells (PEFCs) and polymer electrolyte water electrolysis (PEWE). The company sells highly active, highly durable platinum catalysts and platinum alloy catalysts for PEFC cathodes[1], highly CO-tolerant platinum alloy catalysts and OER catalysts[2] for PEFC anodes[3], and iridium oxide catalysts for PEWE anodes.

PEFCs are used in applications such as fuel cell vehicles (FCVs) and residential-use fuel cells (ENE-FARM), with their use expected to expand in the future to also include buses, trucks, and other commercial vehicles, forklifts and other material handling vehicles, heavy construction machines, robots and other industrial machines, and large stationary equipment. Compact, lightweight, high-output PEFCs employ a chemical reaction between hydrogen and oxygen to generate power, which will make them important devices for the global environment of the future.

One major issue facing the full-scale use of fuel cell batteries is the cost of the platinum they use. TANAKA has been researching precious metal catalysts for more than 40 years, resulting in the development of catalysts that use smaller amounts of precious metals while achieving high performance and high durability. By studying new carrier materials and catalyst post-processing methods and producing more active metal species, the company is currently developing catalysts that are even more suitable for use in fuel cells.

Trends in the Global Fuel Cell Market

In China, government policy continues to drive the development of hydrogen energy and FCVs as strategic industries. The Chinese government is implementing a range of support measures to promote research and development and the expanded use of fuel cell battery technologies. It is also driving the development and adoption of FCVs through subsidies, tax incentives, and other efforts. With other measures, including the development of hydrogen supply infrastructure in cities and along major traffic routes, the country's fuel cell market is expected to grow even further going forward.

In Europe and the United States as well, governments are promoting zero-emission vehicles (ZEVs)[4]. In the EU, as part of the Fit for 55 package of climate change measures adopted by the European Union in April 2023, a bill was adopted to require new passenger vehicles and small commercial vehicles to be zero-emission, in principle, from 2035. (The sale of new vehicles equipped with internal combustion engines will only be accepted after 2035 if they use synthetic fuels (e-fuels)[5].) In the US as well, an executive order was issued in 2021 to require 50% of new car sales to be electric by 2030.

In Japan, the Ministry of Economy, Trade, and Industry has been meeting with representatives of the hydrogen supply industry, automobile manufacturers, logistics companies, local governments, and others since September 2022 to discuss the expanded use of hydrogen in mobility. In an interim summary of discussions in July 2023, it announced that the selection of priority areas for early adoption of trucks and buses that use fuel cells to run will be finalized before the end of this year.

TANAKA will continue to focus on research and development while working to achieve stable supplies of fuel cell electrode catalysts, and as the leading company in the area of fuel cell electrode catalysts, it aims to contribute toward the expansion of fuel cell use and realization of a hydrogen society.

[1] Cathodes: Hydrogen-generation electrodes (air poles) where oxygen reduction reactions take place. This assumes that hydrogen-generation electrodes are being used for water electrolysis (PEWE).

[2] OER catalysts: Catalysts that activate oxygen evolution reactions.

[3] Anodes: Oxygen-generation electrodes (fuel poles) where hydrogen oxidation reactions take place. This assumes that hydrogen-generation electrodes are being used for water electrolysis (PEWE).

[4] Zero-emission vehicles: Electric vehicles (EVs) and fuel cell vehicles (FCVs) that emit no carbon dioxide or other greenhouse gases during operation. In the United States, plug-in electric vehicles (PHEVs) are also considered to be ZEVs.

[5] E-fuels: Petroleum-alternative fuels produced in a chemical reaction between carbon dioxide (CO2) and hydrogen (H2).

About TANAKA Precious Metals

Since its foundation in 1885, TANAKA Precious Metals has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volumes of precious metals handled. Over the course of many years, TANAKA has not only manufactured and sold precious metal products for industry but also provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and around the world collaborate and cooperate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,355 employees, the group's consolidated net sales for the fiscal year ending March 31, 2023, was 680 billion yen.

Global industrial business website
https://tanaka-preciousmetals.com/en/

Product inquiries
TANAKA Kikinzoku Kogyo K.K.
https://tanaka-preciousmetals.com/en/inquiries-on-industrial-products/

Press inquiries
TANAKA Holdings Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media/

Press Release: http://www.acnnewswire.com/docs/files/20230912_EN.pdf

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SKYX Files for a Mandatory Safety Standardization with the National Electrical Code (NEC) for Its Outlet Receptacle for Ceilings in Homes and Buildings

MIAMI, FL, Sep 11, 2023 – (ACN Newswire) – SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies"), a highly disruptive smart platform technology company with 72 issued and pending patents in the U.S and globally and over 60 websites for lighting and home decor with a mission to make homes and buildings become safe and smart as the new standard, announced today that it has filed an application for a mandatory safety standardization with the National Electrical Code (NEC) for its ceiling outlet receptacle platform for homes and buildings.

In a market of hundreds of millions of installations, a mandatory standardization of SKYX's ceiling outlet platform, should it occur, would enable a robust, safer plug and play ceiling installation of light fixtures and ceiling fans without a need to touch electrical hazardous wires and would significantly reduce fires, ladder falls, electrocutions, injuries, and deaths due to hazardous electrical wire installations.

SKYX's code team is led by Mark Earley, former head of the National Electrical Code (NEC), and Eric Jacobson, former President and CEO of the American Lighting Association (ALA). As part of the mandatory application, SKYX's code team has submitted significant supporting data regarding hazardous incidents that occur due to electrical wire installations. The data includes fires, ladder falls, electrocutions, injuries, and deaths caused due to hazardous wire installations.

After years of rigorous standardization progress, SKYX's management and code team strongly believe that it has met the necessary safety conditions and has significant hazardous data support for a compelling case for its ceiling outlet receptacle to become a mandatory safety standardization for ceilings in homes and buildings.

In the past several years the Company's product was already voted into 10 segments in the NEC and since 2022 it has succeeded in achieving major additional necessary milestones for mandatory standardization, including voting approvals by U.S. standardization organizations ANSI / NEMA (American National Standardization Institute / National Electrical Manufacturing Association), as well as a vote approval by the NEC for the generic name WSCR (Weight Support Ceiling Receptacle) for its ceiling outlet receptacle.

The last significant NEC mandatory standardization approval for homes and buildings was for the GFCI (GFI) electrical wall safety outlet for Bathrooms and Kitchens to reduce and prevent electrocutions.

The Company's application included data regarding hazardous incidents from U.S. governmental agencies such as the U.S. Census Bureau, NFPA, OSHA, NIOSH, CPSC, and CDC.

An NFPA Report No. USS117 published in February 2022, "Home Fires Caused by Electrical Distribution and Lighting Equipment" provides evidence that not enough emphasis is placed on incorrect installation of lighting. The report noted that fires involving electrical distribution and lighting equipment caused an estimated average of 430 deaths per year in 2015-2019. Specifically, wiring, and related equipment accounted for 68% of these fires, 60% of the property damage and 42% of the civilian deaths and 53% of injuries.

SKYX's lead code team member Mark Earley, former head of the National Electrical Code (NEC) and former Chief Electrical Engineer of NFPA, said: "I truly believe that we have made a compelling case for a mandatory requirement for plug-and-play installations using the safe and robust weight supporting ceiling receptacle. We have gathered a significant amount of data on incidents involving lighting fixtures and ceiling fans using the existing wiring methods. This data includes a substantial number of hazardous incidents that include deaths and or injuries from fires related to wiring, falls from ladders, fixtures or fans that fell on individuals, including young children among other incidents. Many of these accidents could have been prevented using this safe and robust plug-and-play installation method. It is about time that the existing wiring installation method be replaced by a safe, robust method that reflects today's advanced but litigious world".

SKYX's lead code team member Eric Jacobson, former President and CEO of the American Lighting Association (ALA), said: "I am highly confident that our application to the NEC has all the necessary safety data aspects and information to support our case for a mandatory safety standardization approval. As part of our application, we intend to share our product for all manufacturers to benefit. As a world leading country, it is about time that we make our consumers, electricians, handymen, and business owners safer and more advanced by moving away from the old hazardous wiring installation method to a safer, and fast plug and play installation method."

About SKYX Platforms Corp.

As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX Platforms Corp. (NASDAQ: SKYX) has a series of highly disruptive advanced-safe-smart platform technologies, with over 72 U.S. and global patents and patent pending applications as well as over 60 lighting and home decor websites. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com/ or follow us on LinkedIn.

Forward-looking Statements

Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as "aim," "anticipate," "believe," "can," "could," "continue," "estimate," "expect," "evaluate," "forecast," "guidance," "intend," "likely," "may," "might," "objective," "ongoing," "outlook," "plan," "potential," "predict," "probable," "project," "seek," "should," "target" "view," "case," "will," or "would," or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words.

These statements reflect the Company's reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those expressed or implied by the forward-looking statements.

Such forward-looking statements include any statements regarding any of the Company's products becoming a new standard. The filing of the Company's application for a mandatory safety standardization with the National Electrical Code (NEC) does not guarantee approval within any specific timeframe or at all. The NEC's approval of the Company's generic names for its weight-bearing safe plug & play outlet/receptacle for ceilings as WSCR (Weight-Supporting Ceiling Receptacle) for its universal ceiling outlet and WSAF (Weight-Supporting Attachment Fitting) for its ceiling plug, or the American National Standards Institute's (ANSI) and the National Electrical Manufacturers Association's (NEMA) vote for the standardization of the Company's weight-bearing plug and outlet/receptacle for ceilings do not guarantee approval by the National Fire Protection Association's (NFPA) Committee on the National Electrical Code (which consists of multiple code-making panels and a technical correlating committee and develops the National Electrical Code (NEC)) or any other trade or regulatory organization and do not guarantee that any of the Company's products will become NEC-code mandatory in any jurisdiction, or that any of the Company's current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all. There can be no assurance that any of the Company's current or future products or technologies will gain market acceptance or that they will be adopted by any state, country, or municipality, within any specific timeframe or at all.

Our estimates of the addressable market for our products may prove to be incorrect. The projected demand for our products could materially differ from actual demand. Such risks and uncertainties also include statements relating to the Company's ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its smart products and technologies, including commencement of presales, the Company's efforts and ability to drive the adoption of SKYX's Smart Platforms into homes, buildings, cruise ships and communities and adoption by hotels, builders and architects, ability to capture market share, ability to execute on any sales and licensing opportunities, ability to achieve code mandatory status for the SkyPlug, risks arising from mergers and acquisitions, and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. Readers are cautioned not to put undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.

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

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GMG Achieves Initial 500 mAh Graphene Aluminium-Ion Battery Prototype in Pouch Cell Format & Provides Next Steps Toward Commercialisation

BRISBANE, AUS, Sep 11, 2023 – (ACN Newswire) – Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to provide a progress update on its Graphene Aluminium-Ion Battery technology ("G+AI Battery") being developed by GMG and the University of Queensland ("UQ"), and on the transition from coin cells to pouch cell format.

The Company has now made initial G+AI Battery prototype pouch cells (see Figure 1), which have a storage capacity of over 500 mAh, with a nominal voltage of ~ 2 volts. This is a significant development as it shows the Company has matured the battery electro-chemistry and assembly techniques of producing pouch cells with over 10 layers of graphene coated cathode and aluminium foil anode.

Figure 1: Typical G+AI Battery Pouch Cell Prototype
https://images.newsfilecorp.com/files/8082/180189_gmg1_550.jpg

The next step for the Company is to optimise the assembly techniques of the pouch cell prototypes. This is to achieve repeatable storage capacity of over 500 mAh cells in order to conduct a variety of standard testing conditions for comparative purposes. The Company then intends to pursue producing cells with over 20 double-layers to get a storage capacity of 1000 mAh by using an automatic coating machine, cathode laser cutting equipment, and a semi-automatic stacker, to achieve reproduceable cells for validation trials.

The aforementioned reproduceable cells is to meet an objective for the Rio Tinto Joint Development Agreement. This target is to achieve a repeatable capacity of 1000 mAh by H1 2024 and then produce this pouch cell at scale by H1 2025.

Figure 2: GMG Pouch Cell Prototype Development Process
https://images.newsfilecorp.com/files/8082/180189_gmg2.png

Battery Technology Readiness Level

The battery technology readiness level ("BTRL") of the Graphene Aluminium-Ion technology has progressed to Level 4 (see Figure 3). GMG is currently optimizing electrochemical behaviour for pouch cells via ongoing laboratory experimentation.

Figure 3: Battery Technology Readiness Level
https://images.newsfilecorp.com/files/8082/180189_gmg3.png

Source: "The Battery Component Readiness Level (BC-RL) Framework: A
technology-specific development framework", Matthew Greenwood et al

Next Steps Toward Commercialisation & Market Applications

The Company continues to see a broad range of applications for a completed GMG Graphene Aluminium Ion Battery – utilising its ultra-high power-density and nominal energy density characteristics. A range of global companies have confidentially expressed their interest in working with GMG in the following vertical sectors:

– Diesel engine replacement (high load and power requirements)
– Energy storage (in front of, or behind the meter)
– Personal electronics (fast charging and long life)
– Aviation (including vertical take-off and landing)
– Electric vehicles
– Other applications

Next Generation Battery Performance

GMG's next generation Graphene Aluminium Ion Battery performance data (as tested and calculated on coin cells), as compared to the most commonly available lithium-ion batteries, is shown below in Figure 4, with a list of its beneficial characteristics.

Performance results for the pouch cells could be significantly different and will be communicated upon successfully producing a 1000 mAh+ battery pouch cell, and testing has been completed.

Figure 4: Graphene Aluminium Ion Battery Comparative Performance Data (for coin cells)
https://images.newsfilecorp.com/files/8082/180189_787c8634f4c2f806_005full.jpg

GMG's 4 critical business objectives are:

1. Produce Graphene and improve/scale cell production processes
2. Build Revenue from Energy Savings Products
3. Develop Next-Generation Battery
4. Develop Supply Chain, Partners & Project Execution Capability

About GMG

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").

For further information please contact:

Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041
www.graphenemg.com

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

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, statements relating to the testing and validation of the graphene quality produced in the Company's production process, the economical sustainability of scaling the graphene and battery production processes, the ongoing improvement of graphene quality from the GMG graphene production process and the G+AI Battery performance, the engineering and development of the coin cell and pouch cell with respect to the current battery performance estimates and calculations, the timing and considerations of potential FIDs, anticipated timelines for commercial production, anticipated next steps for the further development of the Company's products, the development and viability of GMG's production facilities, and the location of GMG's production facilities. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, including, but not limited to, the deployment of the Company's resources, that the Company will not be able to test or validate the battery grade quality of graphene needed for its products, that it will not be economically sustainable to scale the graphene or battery manufacturing processes, that the quality of the graphene manufactured by GMG and the performance of the G+AI Battery will not set out to be as estimated, calculated or improve, that the Company will not be able to further develop the coin cell and pouch cell technologies, and the timing or results of any FID. Such risk factors may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, assumptions regarding the Company's ability to research, develop and test its products within anticipated timelines, and that results of testing and development data will be consistent with anticipated results and estimates, and the market demand for the Company's products. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Graphene Manufacturing Group Appoints Former Wall Street Veteran and Manufacturing Entrepreneur Jack Perkowski to Its Board of Directors

BRISBANE, AUS, Sep 8, 2023 – (ACN Newswire) – Graphene Manufacturing Group Ltd. (TSXV:GMG) ("GMG" or the "Company") is pleased to advise that Mr Jack Perkowski, based in New Jersey USA, has joined the Company's board of directors effective 7 September, 2023.

Mr Perkowski founded ASIMCO Technologies in 1994, and from 1994 to 2008, served as the Chairman of ASIMCO's Board of Directors and the company's Chief Executive Officer. Under Mr Perkowski's leadership, ASIMCO became one of the most important players in China's automotive components industry and gained a reputation for developing local management and integrating a broad-based China operation into the global economy. ASIMCO was later sold to Bain Capital in 2010 and is still regarded as one of the most successful automotive component manufacturing companies in China. Prior to moving to China, Mr Perkowski worked for twenty years on Wall Street where he was the head of Investment Banking at Paine Webber, a major securities firm that was eventually acquired by UBS in 2000. After leaving ASIMCO, Mr Perkowski founded JFP Holdings, a merchant banking firm focused on China, where he now serves as Chairman.

GMG's CEO Craig Nicol stated, "I'm very excited to see Jack joining as a Director of the Company to support our progression into a commercial manufacturing operation – his finance and manufacturing entrepreneur experience and knowledge will be a great addition to the company and board – I very much look forward to working with him."

Guy Outen, GMG's Chair added, "I'm delighted to welcome Jack to the board. His past successes at Paine Webber and ASIMCO and his knowledge in manufacturing and finance give me confidence that he will be a great asset to the board and in supporting GMG's significant aspirations."

About GMG

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, with low cost inputs, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").

For further information, please contact:

– Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223

– Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

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

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the effective date on which Mr. Perkowski will join the board of director, and the contributions Mr. Perkowski will make to the Company in his capacity as a director.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the effective date on which Mr. Perkowski joins the board of directors, and his contributions as a director differing from management's current expectations.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the effective date on which Mr. Perkowski will join the board of directors, and the positive impact Mr. Perkowski will have on the Company's development in that role.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Driving Innovations in Technology

By Wu Yiling, Director, TAITRA Singapore

SINGAPORE, Sept 7, 2023 – (ACN Newswire) – The digital landscape is evolving at an unprecedented pace, and the convergence of emerging technologies is poised to shape the future of connectivity, communication, and business operations. Among the driving forces behind this transformation are innovations in 5G, smart telecoms, security, enterprise solutions, and Internet of Things (IoT) applications.

Understanding the emerging trends and prospects in these areas is vital for individuals and organizations alike. It provides a competitive edge by enabling businesses to embrace new technologies, differentiate themselves, and seize market opportunities more quickly and effectively. Taiwan has long been recognized as a major player in the technology industry, with a strong focus on semiconductor manufacturing, information, and communication technology (ICT), biotechnology, and other emerging sectors. Singapore, as the pioneer of nationwide 5G capabilities in the region, holds promising opportunities for collaborations and partnerships between Taiwan and Singapore. Both economies have robust ICT industries and share complementary strengths, making them natural partners for mutual growth and advancement in this sector, creating new business opportunities and addressing common challenges.

Looking towards the future, the trends in smart telecom, enterprise solutions, and IoT applications are set to catalyze transformative change in future technologies.

Smart Telecoms, Enterprise Solutions and AIoT Innovation

The transformative capabilities of 5G lie in empowering advanced applications and fostering innovation, productivity, and connectivity. In the realm of intelligent technologies, their integration has become indispensable for enhancing efficiency and optimizing performance across networks.

The contemporary trends within the sphere of smart telecommunications encompass intelligent network management, network virtualization, and the infusion of artificial intelligence into telecommunications operations. The notion of smart telecoms holds substantial potential, ushering in self-organizing networks, proactive fault detection, and personalized customer experiences. As this industry evolves, there’s an escalating requirement for comprehensive software solutions and cloud services to facilitate seamless cloud migration.

A prime example is PLANET Technology Corporation, a preeminent global supplier of IP-based networking solutions and products tailored to SMBs, enterprises, and network infrastructures supporting IoT, IIoT, and IoV applications. Their expertise ensures a high caliber of security, execution, and reliability in cross-national projects, thereby addressing the burgeoning demand for cloud migration.

On the horizon, enterprise solutions are poised to provide software and systems engineered to optimize business operations and decision-making. The present trends encompass embracing cloud-based solutions, integrating AI, and harnessing data analytics. Prospective vistas for enterprise solutions encompass intelligent automation and autonomous decision-making, cutting-edge collaboration tools and virtual workspaces, and predictive analytics fostering proactive business insights.

Additionally, the convergence of AI technologies with IoT devices is catalyzing the emergence of intelligent and autonomous capabilities. The future landscape of AIoT holds promise, envisioning cognitive IoT systems characterized by contextual comprehension, swarm intelligence, and collaborative AIoT networks. Noteworthy in this arena is EMS, a prominent player dedicated to delivering IoT smart metering solutions, aimed at aiding consumers in minimizing non-revenue water (NRW) and enhancing the efficiency of water management systems. Their focus aligns with ushering industries into the realm of AI, as evidenced by their Vision Studio—an accessible zero-code AI model development tool designed to dissolve technical barriers and broaden access to AI development.

As we navigate the digital revolution, understanding the emerging trends and prospects in 5G, smart telecom, security, enterprise solutions, and AIoT applications is key to unlocking their immense potential. These technologies have the power to revolutionize industries, drive innovation, and improve connectivity, efficiency, and security towards a prosperous and technologically driven future.



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Driving Innovations in Technology

SINGAPORE, Sept 7, 2023 – (ACN Newswire) – The digital landscape is evolving at an unprecedented pace, and the convergence of emerging technologies is poised to shape the future of connectivity, communication, and business operations. Among the driving forces behind this transformation are innovations in 5G, smart telecoms, security, enterprise solutions, and Internet of Things (IoT) applications.

Understanding the emerging trends and prospects in these areas is vital for individuals and organizations alike. It provides a competitive edge by enabling businesses to embrace new technologies, differentiate themselves, and seize market opportunities more quickly and effectively. Taiwan has long been recognized as a major player in the technology industry, with a strong focus on semiconductor manufacturing, information, and communication technology (ICT), biotechnology, and other emerging sectors. Singapore, as the pioneer of nationwide 5G capabilities in the region, holds promising opportunities for collaborations and partnerships between Taiwan and Singapore. Both economies have robust ICT industries and share complementary strengths, making them natural partners for mutual growth and advancement in this sector, creating new business opportunities and addressing common challenges.

Looking towards the future, the trends in smart telecom, enterprise solutions, and IoT applications are set to catalyze transformative change in future technologies.

Smart Telecoms, Enterprise Solutions and AIoT Innovation

The transformative capabilities of 5G lie in empowering advanced applications and fostering innovation, productivity, and connectivity. In the realm of intelligent technologies, their integration has become indispensable for enhancing efficiency and optimizing performance across networks.

The contemporary trends within the sphere of smart telecommunications encompass intelligent network management, network virtualization, and the infusion of artificial intelligence into telecommunications operations. The notion of smart telecoms holds substantial potential, ushering in self-organizing networks, proactive fault detection, and personalized customer experiences. As this industry evolves, there’s an escalating requirement for comprehensive software solutions and cloud services to facilitate seamless cloud migration.

A prime example is PLANET Technology Corporation, a preeminent global supplier of IP-based networking solutions and products tailored to SMBs, enterprises, and network infrastructures supporting IoT, IIoT, and IoV applications. Their expertise ensures a high caliber of security, execution, and reliability in cross-national projects, thereby addressing the burgeoning demand for cloud migration.

On the horizon, enterprise solutions are poised to provide software and systems engineered to optimize business operations and decision-making. The present trends encompass embracing cloud-based solutions, integrating AI, and harnessing data analytics. Prospective vistas for enterprise solutions encompass intelligent automation and autonomous decision-making, cutting-edge collaboration tools and virtual workspaces, and predictive analytics fostering proactive business insights.

Additionally, the convergence of AI technologies with IoT devices is catalyzing the emergence of intelligent and autonomous capabilities. The future landscape of AIoT holds promise, envisioning cognitive IoT systems characterized by contextual comprehension, swarm intelligence, and collaborative AIoT networks. Noteworthy in this arena is EMS, a prominent player dedicated to delivering IoT smart metering solutions, aimed at aiding consumers in minimizing non-revenue water (NRW) and enhancing the efficiency of water management systems. Their focus aligns with ushering industries into the realm of AI, as evidenced by their Vision Studio—an accessible zero-code AI model development tool designed to dissolve technical barriers and broaden access to AI development.

As we navigate the digital revolution, understanding the emerging trends and prospects in 5G, smart telecom, security, enterprise solutions, and AIoT applications is key to unlocking their immense potential. These technologies have the power to revolutionize industries, drive innovation, and improve connectivity, efficiency, and security towards a prosperous and technologically driven future.



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

JE Cleantech Holdings Limited Announces $1,000,000 Stock Repurchase Program

SINGAPORE, Sep 6, 2023 – (ACN Newswire) – JE Cleantech Holdings Limited (NASDAQ: JCSE) announced today that its Board of Directors has authorized a stock repurchase program of up to $1,000,000 of the Company's outstanding Ordinary Shares, par value $0.001 per share. This program will commence immediately.

"This new stock repurchase program reflects the Board's and management's confidence in our improving operating results, future growth prospects, and business strategy to continue to create long-term value for our shareholders," commented Elise Hong, Chairperson and Chief Executive Officer.

The Board's authorization permits JCSE to repurchase shares from time to time in open market transactions at prevailing market prices, in privately negotiated transactions, or by other means in compliance with Rule 10b-18 under the Securities Exchange Act of 1934. The actual timing, number, and value of shares repurchased by JCSE under the program will be determined by management at its sole discretion. Repurchases will depend on a number of factors, including the market price of JCSE's shares, general market and economic conditions, applicable legal requirements, and other cash needs. The repurchase program may be suspended, terminated, or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other appropriate factors.

About JE Cleantech Holdings Limited

JE Cleantech Holdings Limited is based in Singapore and is principally engaged in (i) the sale of cleaning systems and other equipment; and (ii) the provision of centralized dishwashing and ancillary services. Through its subsidiary, JCS-Echigo Pte Ltd, the Company designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications, primarily to customers in Singapore and Malaysia. Its cleaning systems are mainly designed for precision cleaning, with features such as particle filtration, ultrasonic or megasonic rinses with a wide range of frequencies, high-pressure drying technology, high flow rate spray, and deionized water rinses, which are designed for effective removal of contaminants and to minimize particle generation and entrapment. The Company also has provided centralized dishwashing services through its subsidiary, Hygieia Warewashing Pte Ltd, since 2013 and general cleaning services since 2015, both mainly for food and beverage establishments in Singapore. For more information about JE Cleantech, please visit our website: www.jecleantech.sg.

Disclaimer: Forward looking statements

Certain statements contained in this press release may be deemed to be forward-looking statements under federal securities laws, and the Company intends that such forward-looking statements be subject to the safe harbor created thereby. All statements, other than statements of fact included in this release, are forward-looking statements. Such forward-looking statements include, among others, that JCSE will repurchase shares from time to time, with the details determined by JCSE's management depending on market price, economic conditions, legal requirements, and cash needs. We caution that these statements are qualified by important risks, uncertainties, and other factors. Such factors include, among others the risk factors set forth in our Annual Report on Form 20-F for the year ended December 31, 2022. Except to the extent required by federal securities laws, the Company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.

For Media Enquiries and Investor Relations, please contact:
jcse@preciouscomms.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com