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Day: August 14, 2024

Xylo Technologies: Revoltz to Launch an Innovative Three-Wheel Electric Cargo Bike for European and UK Markets

TEL AVIV, Israel, Aug. 14, 2024 (GLOBE NEWSWIRE) — Xylo Technologies Ltd. (Nasdaq: XYLO) (“Xylo” or the “Company”), a technology-based company engaged in advanced innovative technologies, announced today that Revoltz Ltd (“Revoltz”), which is 19.9% held by Charging Robotics, Inc. (OTC: CHEV) (“Charging Robotics”), a Delaware corporation quoted on the OTC Market (67% owned by Xylo), has developed a new, three-wheel, electric cargo bike tailored for the European and UK markets. Building on the success of Revoltz’s PORTO micro-EV, this new bike is designed to offer enhanced stability, increased payload capacity, and high-caliber safety features, making it fit for urban transportation and commercial applications. Revoltz has integrated its advanced full-tilting suspension system, also implemented in the PORTO, into this new three-wheel...

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Charging Robotics: Revoltz to Launch Innovative Three-Wheel E-Cargo Bike for European and UK Markets

Tel Aviv, Israel, Aug. 14, 2024 (GLOBE NEWSWIRE) — Charging Robotics Inc. (OTC: CHEV), announced today that its affiliate, Revoltz Ltd. (of which Charging Robotics owns 19.9%), has developed a new, three-wheel, e-cargo bike tailored for the English and European markets. Building on the success of Revoltz’s PORTO micro EV, this new vehicle is designed to offer enhanced stability, increased payload capacity, and high-caliber safety features, making it fitting for urban transportation and commercial applications. Revoltz has integrated its advanced full-tilting suspension system, also implemented in the PORTO, into this new three-wheel e-cargo bike, ensuring a smooth and balanced ride, even with bulky loads. This product aligns with European and UK regulations and aims to address various urban transportation challenges in the respective...

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XTL Completed the Acquisition of The Social Proxy and a Private Placement of $1.5 Million

expands its IP portfolio to AI Web Data The Social Proxy is a web data AI company developing and powering an IP based platform for AI & BI Applications at scale Completed a Private Placement of $1.5 Million   RAMAT GAN, ISRAEL, Aug. 14, 2024 (GLOBE NEWSWIRE) — August 14, 2024, XTL Biopharmaceuticals Ltd. (the “Company” or “XTL”) announced today it has completed the acquisition of THE SOCIAL PROXY Ltd. (the “Social Proxy”), an AI web data company, developing and powering a unique ethical, IP based, proxy and data extraction platform for AI and BI Applications at scale (the “Purchase Agreement”). Pursuant to the Purchase Agreement, XTL acquired all of the issued and outstanding share capital of Social Proxy on a fully diluted basis (the “Transaction”) in exchange for the issuance by the Company to the shareholders of Social...

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Jamf becomes Microsoft partner after signing five-year agreement to accelerate growth through Microsoft Azure

Jamf offerings will be hosted on Azure cloud and available for purchase on Azure Marketplace providing greater value to joint customers MINNEAPOLIS, Aug. 14, 2024 (GLOBE NEWSWIRE) — Jamf (NASDAQ: JAMF), a leader in managing and securing Apple at work, announced it is entering the Microsoft ISV Partner Program, and has signed a five-year agreement to expand its existing collaboration with new and innovative Microsoft Cloud and AI-powered solutions for our joint customers. This collaboration marks a significant milestone in Jamf’s mission to deliver robust, scalable endpoint management and security solutions to help organizations succeed with Apple. Jamf offerings will be hosted on Microsoft Azure and available for purchase on the Azure Marketplace starting in late 2024. Jamf builds on the Azure cloud to expand the delivery...

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SEALSQ Unveils Revolutionary Artificial Intelligence for Internet of Things (AIoT) Strategy, Pioneering the Future of Connected Intelligence

Geneva, Switzerland, Aug. 14, 2024 (GLOBE NEWSWIRE) — SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, announces its bold entry into the AI chip market, underscored by its visionary AIoT (Artificial Intelligence for Internet of Things) strategy, which seamlessly merges the power of AI with the expansive potential of IoT technologies. This move positions SEALSQ at the cutting edge of technological innovation, where the convergence of AI and IoT is set to drive digital transformation and reshape industries. While IoT has been around for several years, recent technological advances, including better connectivity, cloud computing, machine learning, artificial intelligence, related...

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Elevai Labs Inc. Reports Second Quarter 2024 Financial Results and Provides Business Update

NEWPORT BEACH, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) — Elevai Labs Inc. (NASDAQ: ELAB) (“Elevai” or the “Company”), a pioneering force in medical aesthetics, today reported financial results for the second quarter ended June 30, 2024 and provided a business update. Financial Results for the Three and Six Months Ended June 30, 2024 Revenue increased to $605,529 for the three months ended June 30, 2024, and $1,220,092 for the six months ended June 30, 2024, an increase of 91.3% and 165.6% respectively year-over-year. Gross margin of 72.5% for the three months ended June 30, 2024, and 72.5% for the six months ended June 30, 2024, compared to 65.8% for the three months ended June 30, 2023 and 66.8% for the six months ended June 30, 2023. Operating expenses of $1,847,867 for the three months ended June 30, 2024, and $3,976,980 for...

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Corporate and Municipal CUSIP Request Volumes Fall for Second Consecutive Month in July

Slowdown Led by Lull in New Corporate Debt and Certificate of Deposit Issuance NORWALK, Conn., Aug. 14, 2024 (GLOBE NEWSWIRE) — CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for July 2024. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a slowdown in request volume for new corporate and municipal identifiers for a second consecutive month. North American corporate requests totaled 6,391 in July, which is down 2.6% on a monthly basis. On a year-over-year basis, North American corporate requests closed the month up 7.9%. The monthly volume decline was driven by a 15.6% decrease in request volume for U.S. corporate debt and a 21.1% decrease in volume for Canadian corporate securities....

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Vaso Corporation Announces Financial Results for Second Quarter 2024

High deferred revenue and backlog setting stage for 2024 revenue and income growth PLAINVIEW, N.Y., Aug. 14, 2024 (GLOBE NEWSWIRE) — Vaso Corporation (“Vaso”) (OTCQX: VASO) today reported its operating results for the three months ended June 30, 2024. “The Company recorded a total revenue of $20.2 million for the second quarter of 2024, in line with revenue of $20.3 million for the second quarter of 2023,” commented Dr. Jun Ma, President and Chief Executive Officer of Vaso Corporation.  “Deferred revenue in our professional sales service segment remains substantial, at $31.7 million as of June 30, 2024, and backlog in our IT segment reached a multi-year high of $39.4 million at the end of the second quarter, setting a good foundation for revenue and income growth in future quarters.” “As stated before, we are a seasonal business...

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Crown Castle Releases 2023 ESG Report

HOUSTON, Aug. 14, 2024 (GLOBE NEWSWIRE) — Crown Castle Inc. (NYSE: CCI) (“Crown Castle” or the “Company”) announced today the release of its 2023 Environmental, Social and Governance (“ESG”) Report and updates to its ESG website, which can be found at www.crowncastle.com/esg. “Crown Castle’s business model is providing shared assets for multiple users to bring communications connectivity to the many people, communities and businesses across the U.S. Our tower sites and fiber-fed locations deliver both sound economics and a sustainable means of meeting the growing demand for digital technology and broadband data usage,” stated Steven Moskowitz, Crown Castle’s Chief Executive Officer. “We have made terrific progress in advancing our environmental, sustainability and governance...

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Reading International Reports Second Quarter 2024 Results

Earnings Call Webcast to Discuss Second Quarter Financial Results Scheduled to Post to Corporate Website on Friday, August 16, 2024 NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) — Reading International, Inc. (NASDAQ: RDI) (“Reading” or our “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the Second Quarter ended June 30, 2024. Second Quarter 2024 Summary Results The anticipated lingering effects of the 2023 Hollywood Strikes negatively impacted our second quarter 2024 global box office as the movie line-up featured not only fewer blockbuster films due to changes in studio release dates, but also a number of underperforming films. The expected hit to the box office, which was most pronounced in April and...

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