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Month: January 2024

Wrap Technologies, Inc. Appoints Scot Cohen as Chief Executive Officer

TEMPE, Ariz., Jan. 16, 2024 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), a global leader in public safety innovation via artificial intelligence (“AI”), virtual reality and big data, today announced the appointment of Scot Cohen as its new Chief Executive Officer (CEO). Mr. Cohen, a co-founder of the Company, the largest shareholder, and Executive Chairman of the Company, is recognized for his deep commitment to the Company’s mission and extensive experience in various industries. Mr. Cohen stated, “The time has come to complete what Woody Norris, the inventor of BolaWrap, and I began in 2015. I’m ready to assume full responsibility for the organization, prioritizing top-line growth, recruiting and leading top talent, and optimizing costs through strategic outsourcing. This will...

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BIGG Digital Assets Subsidiary TerraZero Technologies and Napster Partner to Offer Virtual Experiences to Artists on Napster, Transforming Music Fandom and Monetization

VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), a leading innovator in the digital assets space and owner of TerraZero, Netcoins, and Blockchain Intelligence Group is pleased to announce that TerraZero has entered into a partnership where TerraZero will enable Napster, the original music disruptor and longest running independent music streaming service in the world, to offer immersive virtual hangouts to artists on the platform, marking a transformative leap in the way that fans and artists are able to connect on a Music DSP. The first virtual hangout opens today and will feature rap, funk, and R&B artist, Ric Wilson. Napster subscribers can jump into Wilson’s custom designed virtual hangout, where they can chat with other...

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Global Amniotic Membrane Market to Surpass 9.76 Billion by 2030 Owing to Increasing Prevalence of Such Cases

SkyQuest projects that the global amniotic membrane market will attain a value of USD 9.76 billion by 2030, with a CAGR of 14% during the forecast period (2023-2030). The global amniotic membrane market is vital in offering innovative solutions for diverse medical applications, including wound healing, tissue regeneration, and addressing ocular disorders. Amniotic membranes have emerged as invaluable tools, biological scaffolds and dressings in managing chronic wounds, such as diabetic foot ulcers and venous leg ulcers. Westford USA, Jan. 16, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, the global amniotic membrane market is undoubtedly on an upward trajectory, driven by the increasing prevalence of conditions such as diabetes and age-related macular degeneration. These medical conditions have generated a substantial demand for...

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Data Storage Corporation Announces Merger of its Subsidiaries, Flagship Solutions Group and CloudFirst

Merger of subsidiaries expected to streamline operations, improve economies of scale, and enhance resource allocation MELVILLE, N.Y., Jan. 16, 2024 (GLOBE NEWSWIRE) — Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT services, today announced that it has merged its two subsidiaries, Flagship Solutions Group (“Flagship”) and CloudFirst. Thomas Kempster, Chief Executive Officer of Flagship, commented, “We are excited to announce the merger of our two business units. This strategic move brings together complementary strengths and expertise, which should enable us to continue to streamline operations, grow our technical teams, achieve further economies of scale, and enhance resource allocation internally....

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Q.E.P. CO., INC. Reports Fiscal 2024 Nine Month and Third Quarter Financial Results and Declares Special Dividend of $1.00 Per Share

BOCA RATON, Fla., Jan. 16, 2024 (GLOBE NEWSWIRE) — Q.E.P. CO., INC. (OTCQX: QEPC) (the “Company” or “QEP”) today reported its consolidated results of operations for the first nine months and third quarter of its fiscal year 2024, which ended on November 30, 2023, and announced the declaration of a special dividend. Results of Operations During the third quarter of fiscal 2024, QEP successfully completed the divestment of its North American flooring businesses and its UK operations. As of the third quarter, these businesses are now classified as discontinued operations. Amounts for prior periods, including sales and operating income, have been reclassified to conform to this presentation. QEP reported net sales of $233.1 million for the nine months ended November 30, 2023, a decrease of $23.8 million or 9.3% from the $256.9 million...

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Verve Cloud, Inc. Earns 2024 Great Place to Work Certification™

SAN ANTONIO, Jan. 16, 2024 (GLOBE NEWSWIRE) — Digerati Technologies, Inc. (OTCQB: DTGI) (“Digerati” or the “Company”), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (“SMB”) market, today announced that its operating subsidiary, Verve Cloud, Inc (“Verve”) has been Great Place to Work-Certified™ for 2024. “We are thrilled to be certified as a Great Place To Work™ for the 5th year in a row. One of Verve’s top priorities is investing in our people and culture,” said President Derek Gietzen. “Our amazing culture is really created by our dedicated employees – they are our ‘culture keepers’. We celebrate and thank them for all they do to earn this incredible recognition.” “Great Place To Work Certification is a highly coveted...

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NJ-based Authentication Solutions Provider BIO-key to Review Growth Strategy and Progress at The Microcap Conf. in Atlantic City – Presentation Wed., Jan 31 at 10:50am ET

ATLANTIC CITY, N.J. and HOLMDEL, N.J., Jan. 16, 2024 (GLOBE NEWSWIRE) — BIO-key® International, Inc. (NASDAQ: BKYI), an innovative provider of passwordless, phoneless, and token-less Identity and Access Management solutions leveraging proprietary biometric technology, will present and meet with investors at DealFlow Event’s Microcap Conference, Wed., January 31, 2024 at Caesars Atlantic City Hotel & Casino in New Jersey. CEO Mike DePasquale will present on January 31st at 10:50am ET, on Track 5, and will be available for one-on-one meetings throughout the conference.. Registration Information:Click here: https://themicrocapconference.com/tickets/ to register and attend the Microcap Conference. All investors are welcome to register and attend. Mr. DePasquale commented, “Over the past two years we have built out an expanded...

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Verichains joins WEMIX3.0 Mainnet’s “40 WONDERS” Node Council Partners as WONDER 12

Wemade today announced that cybersecurity company Verichains has joined the 40 WONDERS (WEMIX On-chain Network of Decentralized Ecosystem Regulators), the Node Council Partners (NCPs) of the WEMIX3.0 Mainnet, as WONDER 12. Singapore, Jan. 16, 2024 (GLOBE NEWSWIRE) — South Korea-based global Web3 firm Wemade today announced that cybersecurity company Verichains has joined the 40 WONDERS (WEMIX On-chain Network of Decentralized Ecosystem Regulators), the Node Council Partners (NCPs) of the WEMIX3.0 Mainnet, as WONDER 12.Verichain is a leading provider of blockchain security solutions in APAC, renowned for investigating and mitigating some of the largest Web3 hacks 40 WONDERS validate transactions and blocks on the WEMIX3.0 Mainnet, and maintain connections with other validator nodes to ensure stable operation Verichains’...

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UPDATE – Gaxos.AI to Expand with Artificial Intelligence Solutions for Health and Longevity

Roseland, NJ, Jan. 16, 2024 (GLOBE NEWSWIRE) — Gaxos.AI (“Gaxos” or the “Company”), today unveils a groundbreaking initiative to revolutionize the world of artificial intelligence. Building on its legacy in gaming, Gaxos is set to launch a visionary suite of artificial intelligence applications, uniquely designed to enhance mental and physical health, combat loneliness, and promote longevity. Introducing Gaxos.AI: The Future of AI in Wellness Gaxos.AI is more than just applications – it’s a support structure for all aspects of wellbeing in the digital age. Leveraging cutting-edge AI, Gaxos.AI will offer engaging and meaningful support in mental and physical health, create engaging interactions, companionship, coaching, and a tailored guide for everyone that wants to improve all aspects of their life. “Witnessing...

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Pressure BioSciences’ New Consumer Products Unit Continues Long Sales Relationship with Dominant U.S. Retailer, Launching 2024 with Quarter Million Dollar Shipment in January

Uncle Bud’s, PBIO’s New Consumer Products Business Unit, Kicks Off 2024 with a $252,000 Shipment of Sunburn Soother to One of the World’s Largest RetailersToni BraxtonMulti-award-winning singer, songwriter, actress, and long-term Uncle Bud’s advocate and spokesperson.SOUTH EASTON, Mass., Jan. 16, 2024 (GLOBE NEWSWIRE) — Pressure BioSciences, Inc. (OTCQB: PBIO) (“PBIO” or the “Company”), a pioneer in the development and distribution of broadly enabling pressure-based instruments, consumables, and specialty process development and testing services across global industries, including nutraceuticals, food and beverage, health and wellness, cosmetics, biotherapeutics, and more, announced on January 11, 2024 the execution of a definitive agreement (the “Asset Purchase Agreement”, or “APA”) to acquire renowned natural health...

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