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Year: 2023

BIMI International Medical Inc. Announces Subsidiary Phenix Bio Inc’s Appointment of Hong Kong, Taiwan, and Macau Exclusive Distributor

NEW YORK, NY, Oct. 30, 2023 (GLOBE NEWSWIRE) — BIMI International Medical Inc. (NASDAQ: BIMI, “BIMI”), a healthcare products and services provider today announced that its subsidiary, Phenix Bio Inc., appointed Hao Mu Pte. Ltd., a Singapore company (“Hao Mu”), as its exclusive distributor responsible for the distribution of Phenix’s 17 herbal supplements in Hong Kong, Taiwan and Macau. Pursuant to the terms of a sales agreement entered into on October 29, 2023, Hao Mu must make annual purchases of at least $5 million in order to maintain its exclusive distributor status for this territory. Under the terms of this agreement, Phenix’s comprehensive portfolio of high-quality herbal supplements will be made available to consumers in Hong Kong, Taiwan and Macau through Hao Mu’s well-established distribution channels and network. “We...

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Stationery Products Market Size, Share & Growth [2023-2030] | Exclusive Report by Fortune Business Insights™

Companies leading in the Stationery Products Market are Fullmark, Pens & Plastics, Reynolds Pens, Faber Castel, 3M, Artline, Staedtler, and Others.Stationery Products MarketStationery Products MarketPune, India , Oct. 30, 2023 (GLOBE NEWSWIRE) — The global stationery products market size is expected to gain momentum during the forecast period. Consumers’ exposure to arts has been more accessible in past years, due to the rise of internet sales and the spread of numerous e-commerce channels. This has boosted the sales of stationery goods all around the world. The change from traditional to modern style, combined with increasing demand from schools, and colleges, is another element that is expected to drive the market expansion. This information is published by Fortune Business Insights™ in a research...

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BIMI International Medical Inc. Announces Subsidiary Phenix Bio Inc’s Appointment of Mainland China Non-Exclusive Distributor

NEW YORK, NY, Oct. 30, 2023 (GLOBE NEWSWIRE) — BIMI International Medical Inc. (NASDAQ: BIMI, “BIMI”), a healthcare products and services provider today announced that its subsidiary, Phenix Bio Inc., appointed Hao Mu Pte. Ltd., a Singapore company (“Hao Mu”), as a distributor responsible for the distribution of Phenix’s 17 herbal supplements in Mainland China. Pursuant to the terms of a sales agreement entered into on October 29, 2023, Hao Mu must make annual purchases of at least $5 million in order to maintain its distributor status for this territory. Under the terms of this agreement, Phenix’s comprehensive portfolio of high-quality herbal supplements will be made available to consumers in Mainland China through Hao Mu’s well-established distribution channels and network. “Expanding our partnership with Hao Mu to Mainland...

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Ascent Solar Achieves Efficiency of 17.55% for CIGS Technology

THORNTON, Colo., Oct. 30, 2023 (GLOBE NEWSWIRE) — Ascent Solar Technologies, (Nasdaq: ASTI) (“ASTI” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, announced today that the latest test results of the Company’s proprietary CIGS technology show an in efficiency increase from 15.5% to 17.55%, a milestone achievement. In August 2023, the Ascent team began working diligently to optimize both the manufacturing processes and chemistry of its CIGS technology. This has resulted in a steady increase in efficiency that began with a jump from 10.8% to 15.2% on September 5; an additional increase to 15.5% on September 12; and now this significant increase to 17.55% just six weeks later. The latest efficiency increase can be attributed...

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Aerial Imaging Market to Worth $36.70 Billion by 2029 | Exclusive Report by Fortune Business Insights™

The aerial imaging market covered major Segments By Camera Orientation (Oblique and Vertical), By Oblique (Low and High), End-Use (Government, Defense, Forestry and Agriculture, and Others {Infrastructure, Transport, Media and Entertainment}) and Major Regions.Aerial Imaging MarketAerial Imaging MarketPune, India, Oct. 30, 2023 (GLOBE NEWSWIRE) — The global aerial imaging market size was USD 5.88 billion in 2022 and is projected to grow from USD 7.51 billion in 2023 to USD 36.70 billion in 2029 exhibiting a CAGR of 25.44% during the forecast period. This information is presented by Fortune Business Insights™, in its report titled, “Aerial Imaging Market, 2023-2029.” The aerial imaging market encompasses the acquisition and analysis of images and data captured from aerial platforms. It finds applications in agriculture,...

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HVAC System Market Size To Surpass $228.74 billion by 2030 | Exhibiting a CAGR of 5.5%

According to Fortune Business Insights, the global HVAC (Heating, Ventilation, and Cooling) System Market size is projected to grow from USD 150.04 billion in 2022 to USD 228.74 billion in 2030 at CAGR of 5.5% during forecast period. Pune, India, Oct. 30, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global HVAC System Market size was valued at USD 150.04 billion in 2022. The market is market is anticipated to grow from USD 157.71 billion in 2023 to USD 228.74 billion by 2030, exhibiting a CAGR of 5.5% over the estimated period. The HVAC (Heating, Ventilation, and Cooling) System market is experiencing a period of significant and sustained growth. This growth can be attributed to a combination of factors that reflect the evolving demands of modern society. With increasing urbanization, the need for efficient...

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Zoom AI Companion hits one million meeting summaries milestone

AI Companion will expand support for 32 new languages, new capabilities for Zoom Events, in-meeting questions, and meeting coaching SAN JOSE, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) — Today Zoom Video Communications, Inc. (NASDAQ: ZM) announced that Zoom AI Companion, the company’s generative AI assistant, has reached a milestone less than two months after its launch, with more than 125,000 accounts using AI Companion, generating more than one million meeting summaries. Zoom also announced new capabilities, additional language support, and further enhancements to existing capabilities for AI Companion. “Providing the best value to our customers across our platform is core to our mission, which is why we made AI Companion available at no additional cost,1 and we continue to introduce new AI capabilities at Zoom speed, so more of...

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Parker Announces Leadership Changes for Key Operating Groups

CLEVELAND, Oct. 30, 2023 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that William R. “Skip” Bowman, Vice President and President – Fluid Connectors Group, and Roger S. Sherrard, Vice President and President – Aerospace Group, will retire on December 31, 2023, after 40 and 34 years of service to the company, respectively.  The Board of Directors has elected Patrick M. Scott, currently Vice President of Operations – Aerospace Group, to succeed Mr. Bowman as Vice President and President – Fluid Connectors Group, and Jay P. Reidy, currently Vice President of Operations – Aerospace Group, to succeed Mr. Sherrard as Vice President and President – Aerospace Group, each effective January 1, 2024.  Mr. Bowman joined Parker in 1983 as a manufacturing engineer...

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Proofpoint Signs Definitive Agreement to Acquire Tessian

Cloud-native, API-enabled inbound and outbound email protection solution extends Proofpoint’s award-winning offering to address the most frequent form of data loss including misdirected email and data exfiltration SUNNYVALE, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) — Proofpoint Inc., a leading cybersecurity and compliance company, today announced it has entered into a definitive agreement to acquire Tessian, a leader in the use of advanced AI to automatically detect and guard against both accidental data loss and evolving email threats. The acquisition is expected to close in late 2023 to early 2024, subject to customary closing conditions, including any required regulatory approvals. Proofpoint protects organizations against social engineering attacks by applying award-winning AI and large language models (LLMs) to block threats...

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Smart Catch™ Program Joins Where Food Comes From, Expanding its Commitment to Sustainability

WFCF broadens its reach into the culinary industry with Smart Catch CASTLE ROCK, Colo., Oct. 30, 2023 (GLOBE NEWSWIRE) — Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it has acquired ownership of the Smart Catch™ program, which is dedicated to promoting the sustainability of seafood on restaurant menus. Postelsia, the seafood division of WFCF, has guided the program and offered chefs valuable insights for enhancing sustainability on their menus since 2016, when Smart Catch became one of the James Beard Foundation’s Impact Programs. This transition to WFCF marks a significant milestone in the program’s evolution, geared towards reinforcing transparency and sustainability in seafood...

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