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Month: March 2025

BW Offshore: Short-term extension for BW Pioneer

Short-term extension for BW Pioneer BW Offshore has signed a short-term extension agreement, maintaining current terms, for the FPSO BW Pioneer with a subsidiary of Murphy Oil Corporation until 25 March 2025. This extension facilitates the completion of administrative processes necessary for finalising the sale. For further information, please contact:Ståle Andreassen, CFO, +47 91 71 86 55 IR@bwoffshore.com or www.bwoffshore.com About BW Offshore:BW Offshore engineers innovative floating production solutions. The Company has a fleet of 3 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 1,100 employees and is publicly listed on the Oslo stock exchange. This information...

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CURRENC to Develop 500MW Hyperscale AI Data Center in Malaysia

Groundbreaking Infrastructure Project Propelling Global Financial Institutions’ AI Innovation SINGAPORE, March 18, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced plans to acquire 100 acres of land in Johor, Malaysia, to build a hyperscale Artificial Intelligence Data Center (AIDC). Featuring a total planned capacity of 500MW, the 100-acre AIDC campus will be developed in phases. Phase 1, comprising 100MW, is targeted for completion and operation by the end of 2026. The campus will provide co-location and wholesale leasing solutions to hyperscalers, enterprise clients, and other data center users, catering to diverse needs and ensuring a robust tenant base. Upon completion,...

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Base.ai Expands Customer-Led Growth Capabilities with Acquisition of 3bears.ai

AI-driven Behavioral InsightsEmpowering organizations with an advanced solution to pinpoint key milestones in the customer journeySAN FRANCISCO, March 18, 2025 (GLOBE NEWSWIRE) — Base.ai, a leading customer-led growth platform transforming customer engagement through strategic innovation and technological excellence, today announced the acquisition of 3bears.ai, a cutting-edge company specializing in AI-driven behavioral analytics founded in 2022, and backed by Mensch Capital Partners. This strategic acquisition strengthens Base.ai’s mission to empower organizations with unparalleled customer visibility, proactive engagement, and data-driven interventions that drive retention and growth. With the integration of 3bears.ai, Base.ai now empowers organizations with an advanced solution to pinpoint key milestones in the...

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Ocean Power Technologies Announces Financial Results for Third Quarter Fiscal 2025

Reports Record Backlog and Reduces Cash Used in Operating Activities by 59% MONROE TOWNSHIP, N.J., March 18, 2025 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), today announced financial results for the second quarter ended January 31, 2025 (Q3FY25). Q3FY25 Financial HighlightsBacklog: $7.5 million, compared to the $3.3 million for the same period last year.Primarily driven by our previously announced new partner in Latin America which includes an initial $2.0 million of purchase orders for our Next Generation PowerBuoys® and $3.0 million of WAM-V® purchase orders.Revenue: $0.8 million, compared to $1.8 million for the same period last year. Operating expenses: $6.1 million, compared to $8.6 million for the same period last year, a reduction of 29%,...

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Lee Enterprises’ Amplified Digital Agency Launches Expansive Suite of AI Solutions to Serve Local Businesses

DAVENPORT, Iowa, March 18, 2025 (GLOBE NEWSWIRE) — Lee Enterprises, a leading provider of high-quality local news, information, and advertising services, announced today the launch of an expansive suite of AI-powered solutions (AmplifiedDigital.AI) designed to support and empower local businesses. This innovative offering comes from the media company’s digital marketing agency, Amplified Digital, and leverages cutting-edge artificial intelligence to help businesses enhance their operations, connect with customers, and achieve their goals in an increasingly digital marketplace. “At Lee Enterprises, we’re committed to driving innovation that benefits our partners and communities,” said Joe Battistoni, Vice President of Sales and Marketing for Lee Enterprises. “Our new AI solutions are designed to provide local businesses with the...

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TABLE TRAC’S CFO APPOINTED TO AGEM BOARD OF DIRECTORS

MINNETONKA, Minn., March 18, 2025 (GLOBE NEWSWIRE) — The Association of Gaming Equipment Manufacturers (AGEM) announced on March 14, 2025 that its membership elected a new Board of Directors at its 2025 Annual Meeting. Table Trac’s CFO, Randy Gilbert has been appointed as a Director. About Table Trac, Inc. Founded in 1995, Table Trac, Inc. develops, sells and leases information and management systems and provides technical support to casinos. The open architecture of CasinoTrac is designed to provide operators with a secure, scalable and flexible system that interconnects and operates with most third-party software and hardware. Key products and services include modules that drive player tracking programs, kiosk promotions and vault and cage controls. The Company’s systems are designed to meet strict auditing, accounting and regulatory...

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Merit Medical Rings Nasdaq Opening Bell to Celebrate 35-Year Partnership

SOUTH JORDAN, Utah, March 18, 2025 (GLOBE NEWSWIRE) — Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, announced that Chairman and Chief Executive Officer, Fred Lampropoulos, will visit the Nasdaq MarketSite in Times Square to ring the opening bell on Wednesday, March 19, 2025. The ceremony begins at 9:15 A.M. (EDT) and the bell ringing takes place at 9:30 A.M. “Merit’s listing on Nasdaq for 35 years marks a significant milestone in our company’s history,” said Lampropoulos. “Nasdaq has been an exceptional partner, providing Merit with strong execution and visibility within the investor community. We extend our sincere appreciation for Nasdaq’s on-going support. We are honored to be a part of the great businesses listed on Nasdaq.” View the entire bell ringing ceremony here. ABOUT...

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VivoPower’s Tembo Signs Definitive Heads of Agreement with East Africa’s Leading Vehicle Assembler, Associated Vehicle Assemblers Ltd (AVA)

5-year agreement targeting 200 vehicle conversions in first year and 1,600 over five years Provides local sales, service, and maintenance, further boosting Tembo’s position in the East African market, a population exceeding 500 million people AVA’s vehicle assembly facilities have the capacity to assemble 30,000 vehicles per annum AVA currently assembles vehicles for leading OEMs including Toyota, Fuso, Proto, Hino, Mahindra, Scania, Tata, Volvo and Daewoo Established in 1975, AVA is the only assembler in the region to have achieved IATF16949 Certification LONDON, March 18, 2025 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) announced today that its subsidiary, Tembo e-LV (“Tembo”), has signed a Definitive Heads of Agreement (“Agreement”) with Associated...

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ZOOZ Power Enhances Global Strategy with New Energy Storage Solutions, Advanced Energy Management System and Expended Sales Team

Tel-Aviv, Israel, March 18, 2025 (GLOBE NEWSWIRE) — ZOOZ Power (Nasdaq and TASE: ZOOZ), a leading provider of flywheel-based power boosters and energy management systems for enabling ultra-fast EV charging solutions, announced today the enhancement of its strategic focus with the introduction of Energy Storage Systems (ESS) and an enhanced Energy Management System (EMS) designed to lead to maximizing EV charging performance and cost efficiency, along with the expansion of its sales team. The newly introduced Energy Storage System (ESS), in addition to ZOOZ Power’s intelligent* boosting offering, allows charging operators to significantly reduce electricity costs by storing energy during off-peak periods and deploying it during peak demand hours. This new addition to ZOOZ Power’s offering of systems to manage and improve overall...

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Former Special Operations Intelligence Officer and Consulting Leader, Anthony Chapman, joins Board of Directors of Healthcare Integrated Technologies Inc.

Knoxville, TN, March 18, 2025 (GLOBE NEWSWIRE) — Healthcare Integrated Technologies Inc. (OTC PINK: HITC), a global leader in AI-driven safety and monitoring solutions, is proud to announce the appointment of Anthony Chapman to its Board of Directors. Mr. Chapman, a former Special Operations Intelligence Officer and founding member of one of the most classified divisions in Joint Special Forces, brings decades of elite military, security, and strategic consulting experience to the company’s leadership team. Mr. Chapman is a decorated American hero with a career spanning over 40 years, including pivotal roles in military intelligence, corporate security, and executive leadership. As the President of Chapman Consulting Group, since 2001, Mr. Chapman has built and led a global consulting business, employing hundreds of elite former...

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