Homegrown Robobarista Ella Achieves Highest Daily Record of 400 Cups of Coffee Sold at Sengkang General Hospital, Paving Way for Additional Waves of Expansion in the Healthcare Sector

Ella, Singapore’s AI-powered Robobarista, has integrated into the healthcare ecosystem with major healthcare facilities namely, Sengkang General Hospital (SKH), Mount Elizabeth Hospital and Alexandra Hospital as its third location.
While it was originally developed for the retail industry, Ella’s success in the healthcare industry has proven its versatility in carving out a niche to serve specialised sectors in need of on-demand beverages 24/7.
In 2024, Ella is poised for expansion to more SingHealth hospitals and facilities locally, as it continues to serve barista-grade coffee at precision and speed.

SINGAPORE, June 12, 2024 – (ACN Newswire) – Ella by Crown Digital, Singapore’s first fully-autonomous, AI-led robot barista, has garnered significant acclaim at Sengkang General Hospital (SKH) and Mount Elizabeth Hospital. Her remarkable success in serving healthcare professionals and visitors with precision and efficiency has propelled her expansion into additional healthcare facilities across the nation. Alexandra Hospital is the latest to benefit from Ella’s presence, marking a milestone in her service journey nationwide.

Following Ella’s resounding success in her deployment at SKH, where she not only met but exceeded expectations by achieving a record daily average of 400 cups of coffee, her adaptability and relevance in healthcare settings became undeniable. Seamlessly integrating into the hospital environment, Ella continues to bring convenience and comfort to all through her consistent, efficient and contactless approach to serve high volumes of coffee at precision and speed. Now, with her recent launch at Alexandra Hospital, Ella has elicited positive feedback from healthcare providers, patients, and visitors alike within her first week.

“We are excited to launch Ella in Alexandra Hospital, extending the comfort and convenience of a great cuppa she’s brought to Sengkang General Hospital since October last year. By delivering high-quality barista-grade coffee to our healthcare heroes, patients, and caregivers, Ella embodies our commitment to unparalleled efficiency and reliability. Occupying just four-square-metres, Ella can be easily deployed across various locations while seamlessly managing payments, orders, production, and pick-up through Crown Digital’s technology stack. As we forge ahead, embracing innovation and robotics solutions, our success at SKH drives our continued expansion, commitment and leadership in this space,” said Keith Tan, CEO and Founder of Crown Digital.

Ella’s success underscores the consistent demand in healthcare settings for her precision, speed, and contactless efficiency in serving best tasting coffee ensuring unparalleled convenience and satisfaction to all stakeholders. Originally designed for the retail sector, Ella’s success in healthcare has solidified her position and expanded her reach to serve more consumers. Since her inception in 2018, Ella has delighted coffee enthusiasts locally and globally with artisanal, barista-grade coffee crafted from specially-curated Italian Buscaglione beans, ensuring consistent quality and precision. Capable of serving over 200 cups in an hour, Ella offers a swift coffee fix, significantly reducing wait times during peak periods.

Charity Wai, Chief Operating Officer of Sengkang General Hospital added, “Ella has earned a popular following in Sengkang General Hospital as visitors and staff alike appreciate the barista-grade coffee served with consistency, precision and speed. Having the first fully-autonomous AI-led robot barista aligns well with SKH’s vision also in using robotics and digitalisation to ensure we deliver quality care consistently and efficiently! It’s great to see our visitors, patients and hospital staff able to access a good cup of coffee around the clock.”

“Ella was a lifesaver during my husband’s 6-week stay at Mount Elizabeth Hospital. On the many occasions that I stayed over with my husband, waking up to a nice fresh cup of coffee was essential. Subscribing to the pre-order service ensured I was able to have a quality cup of coffee anytime of the day which I appreciated the most. The commute between home, office and hospital became such a routine that Ella was the only comfort that kept my spirits up. It’s incredible how technology can bring such comfort, turning every stressful situation into a positive moment. Ella’s more than just a robot barista, but a beacon of cheer in a place where people are most vulnerable,” shared Crystal Bok, whose husband was warded at Mount Elizabeth Hospital.

Following Crown Digital’s success with three major healthcare providers in Singapore — SingHealth, National University Health System, and Parkway Health — Ella is poised for wider adoption in 2024.

About Crown Digital

Full-stack start-up Crown Digital began with the goal of delivering a contactless coffee experience gourmet experience to the world’s growing community of grab-and-go commuters. Its creation, ELLA, the one of world’s first successful robot barista, humanised technology and demonstrated the potential of robotics and AI to re-invent the commuter lifestyle experience and re-energize urban retail. As ELLA deploys across major Asian transit hubs and retail locations, and now into the European Market, Crown Digital brings its expertise and insights to find new ways to create social value through robotics. The company strives to re-imagine and re-invent consumer-facing robotics to become the leading inventor, operator, and distributor of future-ready solutions.

For media enquiries, please contact ella@preciouscomms.com.

GMG’s THERMAL-XR(R) Energy Savings Coating Wins Industry Product Excellence Award

Brisbane, Queensland, Australia–(ACN Newswire – June 5, 2024) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to provide a business update on the commercialisation progress of THERMAL-XR® Powered by GMG Graphene.

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GMG and GMG’s THERMAL-XR® Powered by GMG Graphene coating was awarded the Product Excellence HVAC Award in Sydney, New South Wales, Australia on the 29^th May 2024 at the Air Conditioning, Refrigeration Building Services Exhibition (ARBS). ARBS is Australia’s leading event for the Heating Ventilation Air Conditioning and Refrigeration (HVAC&R) and building services sectors. ARBS is where professionals from across the industry connect to explore cutting-edge advancements; network with 350 exhibitors; and interact with more than 9,000 attendees dedicated to shaping the future of the HVAC field.

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The Product Excellence HVAC Award is focused on new technology or re-application of existing technology in product manufacture that demonstrate innovation and fitness for purpose for the air conditioning, refrigeration and building services sector.

ARBS’s website described the Company’s THERMAL-XR® COATING SYSTEM as “distinguishing itself in the HVAC & R industry by its innovative approach to enhancing the thermal conductivity of both new and corroded heat exchange surfaces. This system not only coats and protects these surfaces but also restores their eroded thermal efficiency. By integrating the physics of GMG Graphene, the THERMAL-XR® process not only improves the heat transfer rate but also significantly reduces power consumption, marking a substantial advance in efficiency. Additionally, the THERMAL-XR RESTORE®, Powered by GMG Graphene, offers protection against accelerated corrosion for various types of coils, thereby prolonging equipment life and further reducing energy costs.”

This collaborative national ARBS Awards initiative is fully endorsed by the major HVAC&R industry associations:

AIRAH – Australian Institute of Refrigeration, Air Conditioning & Heating
AMCA – Air Conditioning & Mechanical Contractors Association
AREMA – Air Conditioning & Refrigeration Equipment Manufacturers Association
ARWA – Air Conditioning & Refrigeration Wholesalers Association
CIBSE – Chartered Institute of Building Services Engineers (ANZ)
RACCA – Refrigeration & Air Conditioning Contractors Association

GMG’s Managing Director and CEO, Craig Nicol, commented: “This national industry award is really exciting as it shows further progress GMG is making with THERMAL-XR® within the HVAC-R industry. We continue to see various types of industries trialling our product including in the after-market air conditioning, data centres, air conditioner manufacturers, personal electronics, truck and train manufacturers and industrial facilities such as LNG plants.”

GMG’s Chairman and Director, Jack Perkowski, commented: “THERMAL-XR® is an exciting prospect for the Company in many applications and markets, and it is gratifying to see the Company receiving recognition for this through such national industry awards.”

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, 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 coating), 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”).

GMG’s 4 critical business objectives are:

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

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 Company’s THERMAL-XR® COATING SYSTEM distinguishing itself in the HVAC & R industry, the Product Excellence – HVAC Award showing the progress THERMAL-XR® is making within the HVAC-R industry, and the types of industries trialling the Company’s products.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions relating to the THERMAL-XR® COATING SYSTEM distinguishing itself in the HVAC & R industry through its innovative approach to enhancing thermal conductivity, the Product Excellence – HVAC Award demonstrating that THERMAL-XR® is making progress in the HVAC-R industry, and that various types of industries will continue trialling the Company’s products.

Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the THERMAL-XR® COATING SYSTEM will not continue to distinguish itself in the HVAC & R industry through its innovative approach to enhancing thermal conductivity, or at all, that the Product Excellence – HVAC Award does not demonstrate that THERMAL-XR® is making progress in the HVAC-R industry, that companies in the after-market air conditioning, data centres, air conditioner manufacturers, personal electronics, truck and train manufacturers and industrial facilities industries will not continue to trail the Company’s products, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 12, 2023 available for review on the Company’s profile at www.sedarplus.ca.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/211778

Saudi Manufacturing Show Returns for its 24th Edition, Showcasing Innovation and Growth in the Region

RIYADH, June 3, 2024 – (ACN Newswire) – In the realm of manufacturing technology, Saudi Arabia is at the forefront of embracing future trends that promise to revolutionize the industry. One compelling example of this progressive mindset is the adoption of additive manufacturing (AM) techniques in the Kingdom’s aerospace sector.

As the aerospace sector increasingly embraces digitalization and sustainability, companies in Saudi Arabia are at the forefront of adopting additive manufacturing technologies to enhance efficiency and drive innovation. By incorporating 3D printing capabilities into aircraft maintenance and manufacturing processes, companies have achieved significant advancements.

Additive manufacturing streamlines supply chain logistics, enables rapid production of complex components, and facilitates precision and customization previously unattainable through traditional manufacturing methods. Moreover, the adoption of AM optimizes material usage and reduces waste, aligning with broader sustainability goals within the aerospace sector and the Kingdom.

Through strategic partnerships with AM technology providers and ongoing investment in research and development, Saudi companies are pushing the boundaries of innovation and setting new standards for manufacturing excellence in the aerospace industry. This demonstrates the transformative potential of additive manufacturing in Saudi Arabia’s aerospace sector, showcasing how future trends in manufacturing technology are shaping the Kingdom’s industrial landscape.

Event Overview: 24th Edition of the Saudi Manufacturing Show:

The 24th Edition of the Saudi Manufacturing Show, co-located with the Digital Transformation Summit, is part of a global series of events which has taken place in more than 10 cities across multiple continents over the past few years. The Saudi Manufacturing Show is a by-invite-only, in-person event exclusively for technology leaders from leading businesses, institutions, and government officials representing Saudi Arabia’s manufacturing sector.

The agenda at the Saudi Manufacturing Show has been meticulously crafted to identify critical approaches needed to make informed business decisions, improve operational efficiency, and drive digital culture forward. The Summit will bring together 300+ C-Level Executives, Directors, and Heads of Technology to discuss the potential of AI, Web 3.0, IoT, Quantum Computing, Cyber Security, and other 4IR technologies, revealing the insights needed to embrace impactful change now.

This event aims to foster an environment where leaders can share knowledge, collaborate on innovative solutions, and accelerate the digital transformation of Saudi Arabia’s manufacturing sector. The synergy between the Saudi Manufacturing Show and the Digital Transformation Summit underscores the commitment to harnessing cutting-edge technology to propel the industry into the future transformative change in the present moment.

The 24th Edition of the Saudi Manufacturing Show, co-located with the Digital Transformation Summit, is proudly supported by the Australian Trade and Investment Commission (Austrade). This esteemed partnership underscores the global significance and reach of the event, highlighting its importance in fostering international collaboration and innovation within the manufacturing sector.

The event will feature distinguished speakers, including:

Anbasa Kandiel, Advisor to HE The Vice Minister, Ministry of Industry and Mineral Resources, Kingdom of Saudi Arabia.
Mohammed A Alshangiti, Procurement Center of Excellence Director, Maaden.
Luay Ayyash, Director of Construction, The Royal Commission for AlUla.
Ahmad Khraishi, Executive Director, Dussur.
Dr. Faisal AlNasser, CIO, Almarai.

Attendees can look forward to an exhilarating lineup of discussion topics:

Charting the Future of Limitless Manufacturing in Saudi Arabia
The Impact of Future Trends and Emerging Technologies on Shaping Tomorrow’s World – How Enhanced Technologies Overcome Limitations and Achieve the Unthinkable
Green Manufacturing and Sustainable Practices: A Catalyst for Achieving Saudi Vision 203
Harmonizing Profitability and Sustainability: A Digital Approach for a Greener Bottom Line

For more information on Saudi Manufacturing Show, please click on the link.

Author: Aayesha Zaheer

For Media Enquiries, contact:
Kasturi Nayak (Sr. Marketing Executive)
Kasturi.nayak@exito-e.com
Enquiry@exito-e.com
Exito Media Concepts

Minetech Records RM128.14 Million Revenue in 12M FY2024 amidst Challenging Market Conditions

KUALA LUMPUR, May 30, 2024 – (ACN Newswire) – Minetech Resources Berhad (“Minetech” or the “Company”), is pleased to report a solid set of financial performance for the fourth quarter ended 31 March 2024 (“Q4 FY2024”). Despite a challenging market environment, Minetech achieved a revenue of RM33.47 million for the quarter, reflecting the Company’s resilience and operational strength. The Company recorded a gross profit of RM3.62 million in Q4 FY2024, an improvement from RM3.40 million in the corresponding quarter of the previous year (“Q4 FY2023”).

Encik Abang Abdillah Izzarim, the Executive Chairman of Minetech

For Q4 FY2024, both Civil Engineering division and Bituminous Products see a slight decrease of revenue to RM23.01 million and RM7.6 million respectively. However, the Energy segment, representing Minetech’s venture into renewable energy, contributed RM1.78 million in revenue for Q4 FY2024, marking a successful entry into the renewable energy sector.

For the financial year ended 31 March 2024 (“FY2024”), Minetech reported a revenue of RM128.14 million, an increase from RM123.77 million in the previous year. The gross profit for the year was RM14.97 million, up from RM13.42 million in the previous year. The Company recorded a loss before tax of RM6.85 million, an improvement from the RM7.92 million loss in the previous financial year. The net loss for the financial year was RM8.82 million, a notable improvement from the net loss of RM11.87 million in the previous year. This improvement is primarily attributed to enhanced operational efficiencies, stringent cost management practices, and strategic project completions that reduced overall expenditure. The Company also benefited from increased contributions from the Energy segment, which helped offset declines in other areas.

A significant highlight for Minetech Construction Sdn. Bhd. (“MCSB”), a wholly-owned subsidiary, is the renewal of a substantial contract with Able Return Sdn. Bhd. and Damar Consolidated Exploration Sdn. Bhd. for the Selinsing Gold Mine Project, valued at approximately RM230.0 million. This renewal, effective from 1 January 2024 to 31 December 2026, signifies an increase in production volume and contract value, reflecting the expanded mining area and operational scope. This contract sets a positive trajectory for Minetech’s future projects and reinforces the Company’s capability and commitment to growth.

Encik Abang Abdillah Izzarim, the Executive Chairman of Minetech, expressed his perspective on the Company’s performance, stating, “While the quarter presented several challenges, our strategic direction and adaptability have proven effective. The contract renewal for the Selinsing Gold Mine Project is a testament to our capabilities and commitment to growth. We remain focused on driving sustainable value for our stakeholders as we navigate the evolving market landscape.”

Adding to this, he highlighted the Company’s goal of turning profitable: “Our primary objective moving forward is to steer Minetech towards profitability. Through strategic initiatives, cost management, and operational efficiency, we are dedicated to transforming our financial performance and delivering long-term value to our shareholders.”

As at 5:00 P.M. 30 May 2024, the share price of Minetech closed at RM0.135, reflecting a market capitalisation of RM241 million.

Minetech Resources Berhad https://minetech.com.my/

Genetec’s Consistent Performance Delivers Higher Overall Margins in Q4FY2024

Key Financial Performance Highlights for Q4FY2024:

Year-on-year (“YoY”) revenue increase of 7.5% to RM70.5 million, with significant flow through to deliver high double digits in bottom line numbers;
Profit before tax (“PBT”) for the quarter rose by 40.4% to RM19.1 million, with an improved YoY margin of 27.1% versus 20.7%;
Profit after tax (“PAT”) for the quarter rose by 59.5% to RM17.7 million, with an improved YoY margin of 25.1% versus 16.9%.

BANGI, Malaysia, May 28, 2024 – (ACN Newswire) – Technology leader in providing fully customised, intelligent manufacturing automation solutions, GENETEC TECHNOLOGY BERHAD (“Genetec” or the “Company”) recorded another consistent and solid quarter performance, maintaining a healthy momentum with a 7.5% year-on-year YoY increase in revenue for the quarter to RM70.5 million from RM65.6 million in Q4FY2023. Genetec’s PBT and PAT rose to RM19.1 million and RM17.7 million or by 40.4% and 59.5% respectively, for the quarter under review versus RM13.6 million and RM11.1 million a year ago.

On the overall, the Company’s solid performance for the quarter saw an improvement across all key financial indicators due to continued costs and operational efficiency that allowed the flow through of its top line to boost bottom-line numbers. Performance highlights for the quarter include, a 33.0% gross profit (“GP”) margin versus 29.0% in the preceding year reflecting a 4.0% YoY increase, a 27.1% PBT margin versus a 20.7% margin in Q4FY2023, and a PAT margin of 25.1% versus 16.9% in the preceding year.

Chin Kem Weng, Co-founder and Managing Director of Genetec, commented, “Despite ongoing market volatility, uncertainties and concerns especially in the automotive, Electric Vehicle (“EV”), and renewable energy (“RE”) sectors, Genetec has been consistent in our performance. This is due to the Group’s ability to convert our opportunities to orders, especially in securing recurring orders from existing clients. Our high client retention rate is also a key factor to our success and in building our pipeline. Our teams have been and will continue to work closely with our clients to improve on current solutions, as well as to collaborate on new opportunities with other divisions within our client groups to grow our revenue over the long-term.

The EV and Energy Storage (“ES”) segments remain Genetec’s primary revenue contributors and are expected to anchor our earnings prospects in the coming quarters. We are however, actively looking to diversify our revenue sources within these segments to cater to different areas within automotive manufacturing. As our revenues normalise over time, we are focused on increasing cost efficiencies from recurring orders, whilst ensuring quality delivery across all our projects.”

The Group remains confident in its position as a key solutions provider for manufacturing automation for its key clients in the automotive industry that serve the EV and plug-in hybrids (“PHEV”) platforms. To remain competitive, Genetec is constantly enhancing its capabilities and solutions to cater to either platform. At the same time, the Group is engaging closely with its clients and the industries to remain at the forefront of development and planning.

In closing, Chin highlighted his optimism on the prospects for the RE industry. He added, “Growth for RE storage solutions are expected to rise in tandem with the need for clean energy sources as the world continues to replace fossil-based energy with RE sources for industrial, commercial and residential purposes. The most immediate shift is in the transport system where we see efforts to improve the local and international charging infrastructure for EVs especially. From the manufacturing automation perspective, autonomous robotics and software-defined automation are poised to revolutionise industry operations. As a result, Genetec anticipates an increase in demand for our key solutions in automation and energy storage as clients continue to execute their production plans.”

At the end of the quarter, Genetec’s earnings per share (“EPS”) stood at 2.21 sen (basic) compared to 1.50 sen (basic) in Q4FY2023.

About Genetec Technology Berhad

Genetec Technology Berhad is a technology leader in providing customised full turnkey smart factory automation manufacturing lines. It is a public company listed on the Main Market of Bursa Malaysia Securities Berhad (Stock code: 0104). Its principal business focus is in the provision of high-quality, responsive and cost-effective designs, as well as the manufacturing of automated industrial systems, equipment and value-added services for our global customers in the Electric Vehicle (EV), Automotive, Hard Disk Drive (HDD), Consumer Goods and Healthcare sectors.

For more information please visit: https://genetec.net/.

Sri Trang (SET: STA) announces delivery of EUDR rubber to customers

BANGKOK, May 17, 2024 – (ACN Newswire) – Sri Trang Agro-Industry PCL (SET: STA), the world’s leading and largest integrated natural rubber business operator and Thailand’s largest rubber glove manufacturer, began delivery EUDR rubber in May this year to several major branded tire manufacturers in Europe, South Korea, China and other countries, reinforcing the Company’s readiness to support the European measures to trace back the origin of natural rubber – the procedures are expected to come into force by the end of this year. Similar measures are also set to be implemented by countries in other regions around the world in the near future.

Mr. Veerasith Sinchareonkul, STA Managing Director & Executive Director, announced that, in April-May 2024, the Company began to deliver natural rubber compliant with EUDR (EU Deforestation Regulation) to customers who placed their orders by May 2024. STA’s “Traceable Natural Rubber (GPS)” commands higher selling prices than most other sources, with customers consisting of many nationalities from Europe, South Korea, China and other Asian countries where there is a demand for EUDR rubber to be processed into products that will be exported to countries in the European Union in response to upcoming EUDR enforcement expected by the end of 2024. The EUDR will regulate the export of natural rubber and products processed from natural rubber to Europe, requiring traceability verification to ensure that the sources of natural rubber are not involved in deforestation and are not an encroachment of forested areas.

Mr. Veerasith Sinchareonkul, Managing Director and Executive Director of Sri Trang Agro-Industry PCL — Mr. Veerasith Sinchareonkul, STA’s Executive Director & Managing Director

Currently, the Company is fully ready to export all types of EUDR rubber, such as latex concentrates, rubber blocks, rubber sheets, etc., This readiness results from ongoing preparations to support these measures. More importantly, the database management system has been developed in collaboration with farmers and rubber dealers to identify land designated for rubber plantations. This system inputs data into the “Sri Trang Friends of Farmers” application allowing 100-percent traceability of rubber sources. Additionally, the launch of “Traceable Natural Rubber (GPS)” enables direct tracing of produce back to its origins. These initiatives demonstrate the Company’s full readiness to comply with the EUDR requirements from Europe, as well as from other regions in the near future for full traceability of the sources of natural rubber.

“We have been preparing in advance for some time for the exportation of EUDR rubber to countries in the European Union or their trading partners. Our operations place full emphasis on the policy that prioritizes environmental, society, and good corporate governance, together with our stance on conducting business sustainably and transparently, and in compliance with regional regulations. The Traceable Natural Rubber (GPS) will enhance the competitiveness of the Sri Trang Group of Companies while also elevating Thailand’s standards on rubber production above those of other countries’. This initiative will also open up the opportunity to increase Thailand’s trade advantage and leverage higher prices for Thailand-sourced rubber,” Mr. Veerasith added.

Released by Public Relations Dept., MT Multimedia Co., Ltd. for Sri Trang Agro-Industry PLC
For additional information, please contact: Wasana “Jeab” Wongsiri
Tel: +66 84 359 0659, +66 2 612 2081 ext.131; E: wasana.w@mtmultimedia.com

About Sri Trang Agro-Industry PC

Sri Trang Agro-Industry PCL (STA) was established in 1987. With determination and intention, STA has grown and become a fully integrated natural rubber company. For the upstream business, the Company invested in large-scale rubber plantations and currently has an area of 7,500 hectares for rubber and other economic crop plantations in 19 provinces of Thailand. As the world’s largest fully integrated producer and distributor of natural rubber, STA is committed to growing in lockstep with the economic development of the local communities of Thailand.

Sri Trang Agro-Industry PCL: www.sritranggroup.com/en/home [SET: STA][SGX: NC2][FRA: YTAA][OTCPK: SLJUY]

Sri Trang (SET: STA) announces delivery of EUDR rubber to customers

BANGKOK, May 16, 2024 – (ACN Newswire) – Sri Trang Agro-Industry PCL (SET: STA), the world’s leading and largest integrated natural rubber business operator and Thailand’s largest rubber glove manufacturer, began delivery EUDR rubber in May this year to several major branded tire manufacturers in Europe, South Korea, China and other countries, reinforcing the Company’s readiness to support the European measures to trace back the origin of natural rubber – the procedures are expected to come into force by the end of this year. Similar measures are also set to be implemented by countries in other regions around the world in the near future.

Mr. Veerasith Sinchareonkul, STA Managing Director & Executive Director, announced that, in April-May 2024, the Company began to deliver natural rubber compliant with EUDR (EU Deforestation Regulation) to customers who placed their orders by May 2024. STA’s “Global Platform for Sustainable Natural Rubber (GPSNR)” commands higher selling prices than most other sources, with customers consisting of many nationalities from Europe, South Korea, China and other Asian countries where there is a demand for EUDR rubber to be processed into products that will be exported to countries in the European Union in response to upcoming EUDR enforcement expected by the end of 2024. The EUDR will regulate the export of natural rubber and products processed from natural rubber to Europe, requiring traceability verification to ensure that the sources of natural rubber are not involved in deforestation and are not an encroachment of forested areas.

Currently, the Company is fully ready to export all types of EUDR rubber, such as latex concentrates, rubber blocks, rubber sheets, etc., This readiness results from ongoing preparations to support these measures. More importantly, the database management system has been developed in collaboration with farmers and rubber dealers to identify land designated for rubber plantations. This system inputs data into the “Sri Trang Friends of Farmers” application allowing 100-percent traceability of rubber sources. Additionally, the launch of “Global Platform for Sustainable Natural Rubber” enables direct tracing of produce back to its origins. These initiatives demonstrate the Company’s full readiness to comply with the EUDR requirements from Europe, as well as from other regions in the near future for full traceability of the sources of natural rubber.

“We have been preparing in advance for some time for the exportation of EUDR rubber to countries in the European Union or their trading partners. Our operations place full emphasis on the policy that prioritizes environmental, society, and good corporate governance, together with our stance on conducting business sustainably and transparently, and in compliance with regional regulations. The GPS Natural Rubber will enhance the competitiveness of the Sri Trang Group of Companies while also elevating Thailand’s standards on rubber production above those of other countries’. This initiative will also open up the opportunity to increase Thailand’s trade advantage and leverage higher prices for Thailand-sourced rubber,” Mr. Veerasith added.

About Sri Trang Agro-Industry PC

Sri Trang Agro-Industry PCL: www.sritranggroup.com/en/home [SET: STA][SGX: NC2][FRA: YTAA][OTCPK: SLJUY]

Intermodal Terminal Company (ITC) Chooses Hexagon to Deliver Groundbreaking Australian Rail Terminal

MELBOURNE, May 15, 2024 – (ACN Newswire) – Hexagon’s industry-leading asset management solution HxGN EAM, in collaboration with The APP Group, a leader in property and infrastructure advisory, has been chosen by Intermodal Terminal Company (ITC), an Australian intermodal rail terminal operator and owner, for its groundbreaking Somerton Intermodal Terminal project.

Intermodal Terminal

Situated in the outer suburbs of Melbourne, Victoria, the innovative 45-hectare terminal represents one of Australia’s most advanced rail infrastructure developments currently under development. Upon completion, it will claim the title of the country’s largest intermodal terminal ever built and make history as the first fully electric intermodal rail terminal.

The Somerton Intermodal Terminal, at full capacity, is projected to handle over one million 20-foot equivalents (TEU) annually. It has the potential to become the closest terminal to Melbourne to accommodate double-stacked 1,800-metre trains. Additionally, the terminal promises substantial sustainability benefits, expected to eliminate up to 500,000 truck trips from Melbourne’s roads, equivalent to a reduction of 451 million truck kilometers, and trimming carbon emissions by up to 189,000 tonnes.

HxGN EAM, an innovative asset management solution, is designed to improve productivity and lengthen asset lifecycle. It will oversee and maintain the entire asset portfolio within the Somerton Intermodal Terminal project, including internal roads and gates, truck and container movements, container washing, and fumigation facilities, together with a 24×7 control center overseeing all lighting, technology, and rail network control.

Brendon Gibson, ITC’s Chief Operating Officer, said, “We are delighted to collaborate with Hexagon and The APP Group to implement their cutting-edge HxGN EAM solution for our terminal project. ITC is a growing business and HxGN EAM’s scalability ensures that the solution grows alongside ITC’s expanding operations and evolving needs.

“Effective asset management is paramount to the success of our operations, and HxGN EAM offers the advanced capabilities and flexibility we need to optimise performance and ensure the reliability of our terminal infrastructure.”

Supratim Mukhopadhyay, vice president of sales at Hexagon’s Asset Lifecycle Intelligence division, welcomed the partnership between ITC, Hexagon and The APP Group, which is providing implementation support for the project.

“Hexagon is very excited to be supporting ITC’s mission to drive innovation and efficiency in the transportation and logistics industry, alongside our industry partners at The APP Group,” Mukhopadhyay said. “With HxGN EAM, ITC gains a next-generation asset management platform equipped with advanced, scalable capabilities to streamline maintenance processes, optimise resource utilisation and maximize asset performance.”

Construction on the Somerton Intermodal Terminal is currently underway and is due to be completed in 2025.

Find out more about ITC at intermodal-terminal.com.

About The APP Group at app.com.au.

Learn more at hexagon.com and follow us @HexagonAB.

Contact Information
Daniel Besliev
Executive Director Marketing, Asia-Pacific Region
daniel.besliev@hexagon.com
+61 412 868 695

SOURCE: Hexagon

View the original press release on newswire.com.

GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR(R)

Brisbane, Queensland, Australia–(ACN Newswire – April 22, 2024) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to provide a business update on the commercialisation progress of THERMAL-XR® powered by GMG Graphene.

GMG and GMG’s THERMAL-XR® powered by GMG Graphene coating was awarded as Most Disruptive Technology Award and Best Chance for Market Success Award at the Data Center World Conference in Washington DC, USA on the 18^th April 2024. The Data Center World conference is a global industry event that combines real world, practitioner and thought leader expertise with in-depth research and data, and access to a full spectrum of solution providers looking to drive the industry forward.

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Most Disruptive Technology Award is the award for the technology that the judges determine to have the best opportunity to create short-term positive market, sales, or customer service disruption among existing data center technologies. Best Chance for Market Success Award is the award for the technology that judges determine will be the most successful at creating revenue upside and profit for the startup company.

THERMAL-XR® provided a 15.4% improvement in energy efficiency in an Aviation IT Data Center in Singapore:

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End-user Customer Engagement in the USA is ongoing with North America Distribution Partner Nu Calgon, which is known as the largest specialty chemical provider to the HVACR market in North America. Nu-Calgon has a 37 person sales team with approximately 4000 distribution points. Nu-Calgon’s Cool Worx powered by GMG Graphene was introduced to the North American HVACR industry at the AHR Expo in January 2024. As previously announced Thermal XR provided a 36.7% reduction in energy when demonstrated at the High School Gymnasium, Harlingen Texas on a 30 ton Aaon packaged rooftop air-conditioning system.

GMG and Nu Calgon are reviewing and progressing next steps for its THERMAL-XR® re-submission for its USA Environmental Protection Agency’s (EPA) approval with a full Pre-Manufacture Notice (PMN) to import and sell in the USA as previously announced.

GMG has also received its first order for THERMAL-XR® production coating trials from an Air Conditioner Manufacturer in China and is in discussions about product testing with various other Air Conditioner Manufacturers in both China and USA.

GMG has successfully completed the THERMAL-XR® coating project work at a number of Beach Front Hotels including the five star eco-resort Elements of Byron where the main targeted benefit is corrosion resistance for both the condenser coils and the outside air conditioner casing. Please see customer testimonial from the hotel owner: https://graphenemg.com/thermal-xr-testimonial-by-elements-of-byron/

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Based on the success of these projects, GMG has focused a sales campaign targeting the sale of THERMAL-XR® to Queensland and New South Wales based coastal hotels and resorts given their air conditioners are often found to fail faster due to more aggressive corrosion from the sea air. GMG’s THERMAL-XR® can provide high Corrosion Protection whilst potentially providing energy savings for their HVAC equipment. Under third party laboratory re-testing conducted by Industrial Inspection & Analysis in St. Louis Missouri USA, THERMAL-XR® has now successfully achieved 10,000 hours salt sea spray testing.

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GMG has also received an order to complete the remaining two stages of the Australian micro-Liquefied Natural Gas (LNG) plant GMG supplied and coated THERMAL-XR® in 2022 after successfully increasing production capacity approximately 16% on the initial gas cooling stage of the LNG plant.

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GMG has received an order for THERMAL-XR® from a global Train Manufacturer to carry out supply and service of the product on train air conditioning systems in China after initial successful testing. In addition, GMG is also testing THERMAL-XR® with a global Truck Manufacturer for radiator and other equipment application trials.

Tim Edwards, Head of Sales is leading these activities for the Company with a key focus on driving sales in the HVAC market with significant experience and industry knowledge. Mark Lock, Global Key Account Manager has retired from GMG and the Company thanks Mark for his significant contributions in progressing THERMAL-XR®.

GMG’s Managing Director and CEO, Craig Nicol, commented: “The progress GMG is making with THERMAL-XR® is exciting. The various types of industries that are now trialling and in some case ordering the product including after-market air conditioning, data centres, air conditioner manufacturers, truck and train manufacturers and industrial facilities such as LNG plants.”

About THERMAL-XR® powered by GMG Graphene:

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

About GMG www.graphenemg.com

GMG’s 4 critical business objectives are:

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

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

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 customer engagement in the USA, the review and progression of the Company’s EPA approval with a PMN, discussions with air conditioner manufacturers in Chian and the USA, the benefits of THERMAL-XR®, and the testing of THERMAL-XR® with a global truck manufacturer.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions relating to customer engagement in the USA continuing with Nu Calgon, the Company re-submitting an application to the EPA for approval with a full PMN, that discussions and product testing with various air conditioner manufacturers in the USA and China will continue, that THERMAL-XR® can provide high corrosion protection while potentially providing energy savings for HVAC equipment, and that GMG will continue testing THERMAL-XR® with a global truck manufacturer for radiator and other equipment application trials.

Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that GMG and Nu Calgon will not continue with end-user customer engagement in the USA, that GMG will not re-submit an application to the EPA for approval with a full PMN, or that the Company’s submission to the EPA will not be approved, that discussion with air conditioner manufacturers in China and the USA will not continue, that THERMAL-XR® will not provide the benefits expected by management to HVAC equipment, that the testing of THERMAL-XR® with a global truck manufacturer for radiator and other equipment application trials will not continue, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 12, 2023 available for review on the Company’s profile at www.sedarplus.ca.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206431

Crown Digital Spearheads the Future of AI in F&B with Ella the Robobarista at AIM Global

Ella, Singapore’s first AI-led robot barista by Crown Digital, showcased its partnership versatility at the Palm & Lauric Oils Price Outlook Conference & Exhibition and Mobile World Congress in Barcelona, Spain, and looks to participate in further industry conferences across the Asia Pacific region.
Crown Digital proudly announces its participation in AIM Global, the Global Alliance on Artificial Intelligence for Industry and Manufacturing, reflecting its commitment to advancing the safe, sustainable, and inclusive use of AI.

SINGAPORE, Apr 18, 2024 – (ACN Newswire) – Crown Digital, Singapore’s first full-stacked F&B tech startup and the creator of Ella the Robot Barista, has joined AIM Global, the Global Alliance on Artificial Intelligence for Industry and Manufacturing.

Crown Digital joins AIM Global as the first Singaporean company together with a diverse range of companies and institutions globally to support its ultimate goal of “progress by innovation” globally by harnessing the possibilities of frontier technologies. This strategic collaboration reflects its commitment to advancing safe, sustainable, and inclusive use of AI in industry and manufacturing.

On being part of AIM Global, Keith Tan, CEO and Founder of Crown Digital shared “This partnership affirms Crown Digital’s belief in responsible adoption of AI technologies for industrial development globally. We are proud of Ella’s recognition as a positive use case in driving the autonomous future of F&B, especially with the recent resurgence of AI and Robotics. We look forward to the opportunity to drive AIM Global’s vision, priorities and key initiatives related to AI with international stakeholders in both private and public sectors,” Keith Tan, CEO and Founder of Crown Digital

Guided by the United Nations Industrial Development Organization (UNIDO), AIM Global promotes the responsible development and deployment of AI and frontier technologies. Aligned with the UN Secretary-General’s Our Common Agenda, AIM Global shapes a digital future that is open, secure, and beneficial to all.

AI technologies are transforming industry and manufacturing, offering unprecedented opportunities for increased efficiency, productivity, and sustainability. However, the adoption of these technologies also brings ethical considerations, privacy concerns, and the imperative for inclusivity. As a new member, Crown Digital is excited to contribute to AIM Global’s mission of unlocking the full potential of AI for industry.

Continuing its support to the United Nations Sustainable Development Goals and recognising the importance of sustainability and responsible consumption, Crown Digital has also partnered with Terrascope, a global decarbonisation SaaS platform that supports enterprises in their green transformation. As part of their collaboration, Crown Digital worked closely with Terrascope to measure the carbon footprint of six coffees featured on their Ella menu, encompassing both cradle-to-gate and cradle-to-grave analysis.

Crown Digital, a Singaporean start-up aimed to propel the future of F&B through its autonomous solutions, has since grown to establish itself as a tech-driven enterprise to bring gourmet coffee to lovers of the aromatic beans globally through partnerships with Ella the Robot Barista across multiple industries.

At the 35th Palm & Lauric Oils Price Outlook Conference & Exhibition that took place in Kuala Lumpur, Malaysia, conference attendees were served with a special blend of hot chocolate and mocha infused with MCT (medium-chain triglyceride) oils. This innovative pairing showcased the potential for combining advanced technology with health products and the endless possibilities to such partnerships in elevating brand experiences.

Crown Digital continued to elevate its partnership versatility when it demonstrated successes of payment gateway integration at the Mobile World Congress in Barcelona, Spain, through a collaboration with e&, one of the largest telecommunications and digital services providers in the Middle East, Africa and Asia. Conference attendees got to witness the swift and seamless process and integration from ordering, payment to receiving their customised order of the high-quality caffeine beverage made by Ella.

Singaporeans can also conveniently experience a cup of Ella’s brew by paying using DBS Paylah! or PayNow. This is powered by Crown Digital’s integration with DBS MAX, DBS Bank’s end-to-end cashless collection solution for businesses.

There is no rest planned for Ella just yet as Crown Digital sets its sights on participating in various industry conferences around the Asia Pacific region, including major cities such as Bangkok, Shanghai, Hong Kong and Osaka, as it continues to establish itself as a trailblazer in the emerging robotics and automation space and not just a F&B startup.

About Crown Digital

Full-stack start-up Crown Digital began with the goal of delivering a contactless coffee experience gourmet experience to the world’s growing community of grab-and-go commuters. Its creation, ELLA, the one of world’s first successful robot barista, humanised technology and demonstrated the potential of robotics and AI to re-invent the commuter lifestyle experience and re-energize urban retail. As ELLA deploys across major Asian transit hubs and retail locations, Crown Digital brings its expertise and insights to find new ways to create social value through robotics. The company strives to re-imagine and re-invent consumer-facing robotics to become the leading inventor, operator, and distributor of future-ready solutions.

For media enquiries, please contact ella@preciouscomms.com.