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Day: March 13, 2024

Eviden explores energy advantages in near-term quantum computing systems through research partnerships

Paris, France – March 13, 2024 – A Franco-Singaporean collaboration has been announced to benchmark and optimize the energy efficiency of quantum computing. The partnership includes Eviden, the Atos Group business leading in advanced computing, A*STAR’s Institute of High Performance Computing (IHPC) in Singapore, and MajuLab, an international research laboratory in quantum physics. Majulab is a joint laboratory of the Centre National de la Recherche Scientifique (CNRS), Université Côte d’Azur (UCA), Sorbonne University (SU), National University of Singapore (NUS) and Nanyang Technological University (NTU). In the context of conventional high-performance computing (HPC) environments, energy optimizations are generally achieved through improved hardware architectures and better cooling systems. However new approaches must be set up to optimize...

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ISC Reports Record Revenue and Adjusted EBITDA in its Financial Results for 2023

2023 revenue increased to a record $214.5 million 2023 adjusted EBITDA increased to a record $72.9 million Secured extension that will generate an estimated $1.3 billion in cash flow until 2053 Announced goal to double the size of the Company on a revenue and adjusted EBITDA basis by 2028REGINA, Saskatchewan, March 12, 2024 (GLOBE NEWSWIRE) — Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today reported on the Company’s financial results for the fourth quarter and year ended December 31, 2023. Commenting on ISC’s results, Shawn Peters, President and CEO stated, “2023 was a year of many achievements for ISC. Most notably the extension of our registry partnership with the Government of Saskatchewan ensures continuity for both customers and ISC through to 2053. We also continued to invest in our people and...

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Intelligent Bio Solutions Announces Closing of $10.1 Million Private Placement Priced At-the-Market Under Nasdaq Rules

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) — Intelligent Bio Solutions Inc. (“INBS” or the “Company”) (Nasdaq: INBS), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced the closing of its previously announced private placement priced at-the-market under Nasdaq rules of 2,223,333 shares of common stock (or pre-funded warrants in lieu thereof), Series H-1 warrants to purchase up to an aggregate of 2,223,333 shares of common stock and Series H-2 warrants to purchase up to an aggregate of 2,223,333 shares of common stock, at a combined purchase price of $4.55 per share of common stock (or pre-funded warrant) and associated Series H-1 warrants and Series H-2 warrants. The gross proceeds to INBS from the private placement were approximately $10.1 million,...

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