Monthly Archives: April 2020

PR Newswire

OctaFX Is Donating 25,000 USD to COVID-19 Relief

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KINGSTOWN, Saint Vincent and the Grenadines, April 17, 2020 /PRNewswire/ — OctaFX is a Forex broker implementing online trading services globally since 2011. It offers a state-of-the-art trading experience to over one million users. OctaFX has won more than 20 awards since its foundation, including the Best Forex Broker Asia 2019 award. The company is well-known for its social and charity activity. They announced an initiative to help combat the virus, which has affected many, with a 25,000 USD donation.

OctaFX is Donating 25,000 USD to COVID-19 Relief 
OctaFX is Donating 25,000 USD to COVID-19 Relief 

The beneficiaries of the 25,000 USD contribution are Aksi Cepat Tanggap, Indonesia, a humanitarian organisation; Malaysian Red Crescent Society, Malaysia; Vallalar Educational Trust, India; and Award Pakistan, Pakistan. These charities specifically serve impoverished families, medical workers, and those most impacted by the fallout from COVID-19. The donation will go towards purchasing of medical masks, hand sanitizers, and food. 

They reported that this is not their only initiative. Just recently they declared that they would be dramatically reducing their spreads up to 14 points. They have also asked locals to enquire about humanitarian organisations that could also benefit from an OctaFX monetary contribution. They’ll be holding a benefit lasting a month later beginning on the 23rd of April which will raise money to help those in need.

OctaFX always seeks new ways in which to provide support to local communities. They’ve challenged other brokers to match their relief efforts by cutting spreads and donating. OctaFX has a detailed history providing public assistance, and this is another example of how they value society. 

Follow OctaFX on Instagram

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Contact: marketing@octafx, +34-691-370-613

PR Newswire

SHL Announces Free Access to RemoteWorkQ For Individuals

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SHL’s groundbreaking new questionnaire provides insights into remote-work skills, allowing individuals to showcase their ability to flourish in the new world of remote working

MINNEAPOLIS, April 17, 2020 /PRNewswire/ — SHL, the market leader in talent solutions, announced yesterday the release of a free version of the new RemoteWorkQ for individuals seeking to discover their personal strengths, areas for development and need for support in a remote working environment.

As a result of the COVID-19 pandemic, millions of employees are now working from remote locations, while others have been furloughed or lost their jobs. Furthermore, nearly 74% of organizations intend to continue a remote work model even after COVID-19 restrictions subside.

The RemoteWorkQ, created by SHL and based on decades of research, data, and scientific expertise, is rooted in eight specific competencies necessary for individuals to excel in a remote working environment – with an emphasis on maintaining productivity, healthy workplace relationships, and overall well-being.

Individuals who complete the short 10-minute RemoteWorkQ receive a personalized report that outlines their remote working strengths, areas for development, and need for support – all with the scientific credibility that only SHL can provide. The report also includes development tips for increasing success as a remote employee.

“There are millions of people in the world adjusting to a new way of working, as well as others who are looking for a competitive edge back into the workforce,” said Andy Bradshaw, SHL CEO. “We have created a free version of the RemoteWorkQ specifically for these individuals so they can discover the unique value they add to this new world of working. Life will go on after COVID-19 and the RemoteWorkQ will play a key role in ensuring individuals are prepared to thrive.”

The RemoteWorkQ is also available as an enterprise offering through subscription on SHL’s TalentCentral; it includes robust reporting and analysis for organizations to understand their strengths and areas for development at scale.

Individuals can take advantage of the new RemoteWorkQ today.

About SHL 
SHL exists to help you win. At a time of unprecedented change, we provide deep people insights to predict and drive performance.

Our world-class talent solutions empower leaders and their teams to make unbiased decisions throughout the employee journey. With 40+ years of talent expertise, cutting-edge assessment science and more than 45 billion data points, we have an unparalleled view of the workforce. SHL partners with organizations of all sizes – from start-ups to multinational firms – worldwide to deliver proven business results from people investments. www.shl.com 

Contact 
Kristina Iniguez
PR@shl.com 

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Android, Mobile, News

The realme 6i Launches in Malaysia With MYR 699 Starting Price Tag!

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Smartphones have gone quite crazy these days. If you think about it, there are not many smartphones that you can buy at MYR 1,000. Thing is though, there are plenty of people that still does not want to or cannot spend above MYR 1,000 for a new smartphone.

In that space, there are even less players. Most established brands in the smartphone industry has gone above the MYR 1,000 line. That leaves only certain players staying in that market space. One of the most prominent one that kept within that line is Realme.

While the price range does not make it sound like a premium brand, they do make some compelling smartphones. Their realme 6 that just launched about a month ago for example, gives you best in class performance but at the same time has an asking price that is easily reachable for almost anyone who is looking for a smartphone. Today, they introduced another one, the realme 6i.

Source: realme

The first thing they teased, not teased, what was the right word? Rendered. They rendered two colours on offer for the Realme 6i – Green Tea and White Milk. But that is not all they are, they are not just pretty things. They pack some power too.

It is even more powerful than the Realme 6. It packs a MediaTek Helio G80 Octa-core System on a Chip (SoC) that clocks up to 2.0GHz. That is MediaTek’s most powerful SoC to date, and realme 6i is the first device to boast this kind of flagship power from MediaTek. You get up to 4GB of RAM with the SoC too, meaning multitasking should be no issue. You get up to 128GB

Out the back is a 48-Megapixel main camera that is supported by three other lenses, very much like any modern realme. You get an ultra-wide lens, a black and white lens, and a macro lens together with the 48-Megapixel main camera. They did not specify the amount of megapixel the other lenses pack though. Out the front is a 16-Megapixel camera for selfies. There is no telephoto lens here, which is a little out of the ordinary. Thing is, black and white lens does help with detailing on your final photo though. All this power and high-resolution photo are pushed to your eyes through a 6.5-inch Full HD+ display with a small notch on top of the display.

To ensure that you can take photos all day long or even play games all day long or at the very least stay connected to the world for a whole day, the realme 6i packs a large battery. Larger than usual at 5,000 mAh. That is also one of the largest you can find in smartphones in its class. That 5,000 mAh battery can be charged at 18W fast charger. It can also charge your friend’s smartphone if your friends need some extra power. Now you can be your friend’s hero.

Source: realme

The Realme 6i is available in two colour variants, as mentioned earlier. It will be available in Green Tea and White Milk colour variants. The Realme 6i will be available from MYR 699 (3GB + 64GB) and MYR 899 (4GB + 128GB). From the 23rd of April onward, the 3GB RAM and 64GB storage variant of the Realme 6i will be available exclusively on Shopee. If you do get your device on first sale date, you can get your device at MYR 599. The 4GB + 128GB variant will be available two days later on the 25th of April 2020 in all Realme authorised dealers and retailers. For more information, you might want to check out their website.

PR Newswire

Hainan Free Trade Port: A witness to China’s continued opening-up

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BEIJING, April 16, 2020 /PRNewswire/ — A news report by China.org.cn on Hainan Province, a provincial-level free trade port:

 

Hainan, the southernmost island province of China, has been attracting people from around the world for years with its blue waters, towering coconut trees, year-round sunshine and sandy beaches. Starting this year, China will build an open and distinctive free trade port on this beautiful island.

The Hainan Free Trade Port will be a special functional economic area with the highest level of openness in the world. Overseas products and funds will have free access within the port, and the majority of goods will be exempt from tariffs. This move reflects China’s determination to further open up to the rest of the world.

Thirty-two years ago, the Chinese government established the province of Hainan on what was then a closed-off and underdeveloped border island. It was later designated as a special economic zone (SEZ) to attract foreign investment with its preferential tax rates and favorable business environment. In 1992, Hainan established the Yangpu Economic Development Zone, the first zone in China to be comprehensively developed by foreign investors. Eight years later in 2000, Hainan took the lead to implement a policy of visas on arrival. The following year, the town of Boao in Hainan became the permanent venue for the annual Boao Forum for Asia. A series of initiatives like these have allowed Hainan to continue developing. Establishing special economic zones was also a breakthrough in China’s opening-up.

Back in 2018, Hainan created a pilot zone for free trade on the island. Two years later, it began to explore and establish a free trade port with Chinese characteristics, meaning, greater freedom in finance, investment and the flow of talents. The essence of the port goes beyond trade or favorable policies; it creates a truly open environment at the highest level in terms of the governance system, legal institutions and technological innovation, amongst others.

Hainan is blessed with a picturesque landscape. Its industrial structure focused around tourism and modern services will not only become an advantage and characteristic for the Hainan Free Trade Port, but also coincide with the rapid trade growth in global services and are in line with the development of many ports toward the service sector. Besides, as a provincial level SEZ, a free trade zone and a port, Hainan enjoys its scale. It also has comprehensive experience and has made such institutional innovations as “province-wide one-stop business registration” and “an integrated big data society governance system.”

All these factors will enable Hainan to become a global center for the trade in services. Meanwhile, as a pivot of the Belt and Road Initiative, the Hainan Free Trade Port will not only promote multilateral free trade and regional economic integration, but also share the benefits brought from China’s development with more countries.

Hainan’s evolution from special economic zone to free trade pilot zone, and now today’s free trade port, not only bears witness to its development, but also the continual opening-up of China, as well as its determination to build an open global economy featuring innovation and inclusiveness. Hopefully, in the future, more companies and talented personnel from around the world will come to the island and share in the benefits of free trade.

China Mosaic
 http://www.china.org.cn/video/node_7230027.htm

Hainan Free Trade Port: A witness to China’s continued opening-up
http://www.china.org.cn/video/2020-04/16/content_75939128.htm

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PR Newswire

iClick Interactive Subsidiary Changyi Wins Industrial Excellence Award in Weixin Pay Application Competition

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HONG KONG, April 16, 2020 /PRNewswire/ — iClick Interactive Asia Group Limited (“iClick” or the “Company”) (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, announced that Changyi (Shanghai) Information Technology Co., Ltd (“Changyi”), a subsidiary of iClick, has been awarded a major industry accolade by Tencent’s Weixin Pay for its outstanding solution that helps optimize traffic management of client brands’ mini-programs and boost sales through the Weixin Pay platform. Changyi’s solution received praise from the panel for its innovativeness and the improvement it brings to both consumer experience and loyalty. The Weixin Pay Application Competition is a competition initiated by Weixin Pay that aims to locate creative partners within the WeChat ecosystem with the goal of seeking innovation and upgrading different industries.

“We are delighted to see iClick’s subsidiary Changyi receive recognition from our long-term strategic partner Tencent,” said Jian “T.J.” Tang, Chief Executive Officer and Co-Founder of iClick. “This latest accolade is further evidence of the impact our Enterprise Solutions businesses have made in helping retail brands obtain a greater market share by the application of creative products and our advanced data operation capabilities. In the challenging context of the COVID-19 outbreak we have seen increased demand for our Enterprise Solutions, and going forward we expect to expand this business, by further innovation in our product offerings and optimization of our services, as we continue to unlock the huge potential of smart retail for our clients.”

Earlier this year OptAim (Beijing) Information Technology Co., Ltd, another subsidiary of iClick, was recognized as 2019 Gold Service Provider and won three major annual awards from Tencent Ads for the second half of 2019, including “Outstanding Contribution of the Year”, “Best Technology & Data Application Award” and “Best Branding Award”.

About iClick Interactive Asia Group Limited

iClick Interactive Asia Group Limited (NASDAQ: ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, our proprietary platform possesses omni-channel marketing capabilities and fulfils various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in ten locations worldwide including Asia and Europe.

For more information, please visit ir.i-click.com.   

Safe Harbor Statement

This announcement contains forward-looking statements, including those related to the Company’s business strategies, operations and financial performance. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s fluctuations in growth; its success in implementing its mobile and new retail strategies, including extending its solutions beyond its core online marketing business; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favorable contractual terms; market competition, including from independent online marketing technology platforms as well as large and well-established internet companies; market acceptance of online marketing technology solutions and enterprise solutions; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; fluctuations in foreign exchange rates; and general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

In the United States:

iClick Interactive Asia Group Limited

Core IR

Lisa Li

John Marco

Phone: +86-21-3230-3931 #892

Tel: +1-516-222-2560

E-mail: ir@i-click.com

E-mail: johnm@coreir.com

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PR Newswire

Huntkey Sales Event and Helmet Give Away in Vietnam

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HANOI, Vietnam, April 16, 2020 /PRNewswire/ — Huntkey, a leading global provider of power solutions, has officially launched a sales event in Vietnam by giving away free motorcycle helmets to those end-users who buy Huntkey’s PC power supplies and monitors from April 12th to May 15th, 2020.

Huntkey’s Giving Away Helmets in Vietnam:
https://en.huntkey.com/wp-content/uploads/2020/04/Buy-Huntkey-Products-Get-Free-Helmet-1.png

The sales event is operated by Huntkey’s business partner in Vietnam. To better support this event, a large batch of motorcycle helmets was customized for users, and will be a nice gift for riders.

PC power supplies and monitors are the two main product categories of Huntkey. The variety of Huntkey’s PC power supply is quite vast, they are loaded with a wide array of features and offered with different prices to meet the demands of multiplicity. Huntkey also provides a wide range of PC monitors featuring a screen sizes from 18.5- to 34-inches.

For more information of Huntkey power strips, please visit: http://en.huntkey.com/

About Huntkey

Huntkey Enterprise Group, founded in 1995 and headquartered in Shenzhen, is a member of The International Power Supply Manufacturer’s Association (PSMA) and a member of The China Power Supply Society (CPSS). With branch companies in the USA, Japan and other areas, and cooperating factories in Brazil, Argentina, India and other countries, Huntkey has specialized in the development, design, and manufacturing of PC power supplies, industrial power supplies, surge protectors, adapters and chargers for many years. With its own technologies and manufacturing strength, Huntkey has served Lenovo, Haier, DELL, Bestbuy and many other large enterprises for years, and has received unanimous recognition and trust from most of the customers.

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PR Newswire

COVID-19 Pandemic Impact: Workforce Shortages and Uncertainty will Cause 5G Network Infrastructure Revenue to Drop As Much As 10% in 2020

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ABI Research whitepaper identifies the short-and long-term impacts the global pandemic will have on 5G and Mobile Network Infrastructure

OYSTER BAY, New York, April 16, 2020 /PRNewswire/ — The outbreak of COVID-19 has created a crippling effect, not only on service industries, but also on manufacturing enterprises, including 5G infrastructure vendors. Despite the current ongoing discussion on OpenRAN and open networks, most advanced 5G networks still rely on Tier One infrastructure vendors and their supply chain has been disrupted. The shortages of component manufacturing and/or network workforce deployment, such as integration engineers, are the main reasons of this disruption. These disruptions  will cause 2020 5G network infrastructure revenue to fall as much as 10% of the forecasted US$2.1 billion, states global tech market advisory firm, ABI Research.

“The current virus outbreak will likely delay the deployment of advanced 5G NR systems, including Massive Multiple Input, Multiple Output (MIMO) and active antennas that several operators have already started deploying,” explains Jiancao Hou, Senior Analyst at ABI Research. This may mean that operators that have already deployed a significant number of base stations will be in a better position to become early adopters and benefit from an earlier transition from previous generations to 5G, but this will rely on the availability of relevant handsets. In the short term, 5G radio deployments will be delayed further due to geopolitical constraints and COVID-19.

“In the longer term, while 5G’s momentum will be slowed, new use cases will emerge,” says Hou.  It is important for mobile operators to broaden their supply chain and avoid a single-vendor infrastructure market. Apart from that, the effects of the virus outbreak will likely accelerate more innovative use cases and services. “For example, considering a 5G Ultra-Reliable Low-Latency Communications (URLLC) scenario, if surgery and health monitoring can be done remotely, the doctor will not need to physically meet the patient infected with the virus.”

A great lesson has been provided by the virus breakout to both network operators and related authorities. “The former should be able to manage the risk of relying on a few vendors dominating the infrastructure market. The latter should embrace new technologies and understand how these can be used in turbulent times to improve business and society,” Hou recommends.

For a clearer picture of the current and future ramifications of COVID-19 across technologies and verticals, including 5G and Mobile Network Infrastructure, download the whitepaper Taking Stock of COVID-19: The Short- and Long-Term Ramifications on Technology and End Markets.

About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. 

ABI Research提供开创性的研究和战略指导，帮助客户了解日新月异的技术。 自1990年以来，我们已与全球数百个领先的技术品牌，尖端公司，具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。 

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info:

Global
 Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com  

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PR Newswire

GSIL and Samsung Engineering Sign Contract for Smart Safety Management System

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SEOUL, South Korea, April 16, 2020 /PRNewswire/ — In mid-March, GSIL, a member company of the Born2Global Centre, signed a new contract with the Korean conglomerate Samsung Engineering for the supply of GSIL’s smart safety management system to the construction site of Samsung Engineering’s Motor Control Center (MCC) at Green Building in Pyeong-taek, South Korea. The purpose of the contract is to implement safety policies and systems for employees who work in stuffy, airtight environments.

GSIL CI
GSIL CI

GSIL independently developed a smart safety management system for the prevention of safety accidents and the elimination of safety “gray areas” at construction sites. The system features a function that can ascertain a worker’s current location as well as an SOS-enabled emergency rescue system.

The system that GSIL will be providing not only tracks worker locations but also uses a large-screen tablet PC, installed at the water tank at each work site, to allow workers to exchange information about their work environment and receive alarms in the event of an accident or other problem. The system collects data and transmits real-time updates on the work environment, providing information on oxygen, carbon monoxide, carbon dioxide, combustible gas, and hydrogen sulfide levels in the water tank. This quick information system makes it possible to prevent injury and fatal accidents related to low oxygen levels or the influx of harmful gases into an airtight setting.

GSIL’s system also provides a timeline of workers entering and exiting the water tank that can be viewed anytime and maintains records on individual workers, indicating whether each worker has completed safety training and has received his/her annual health check-up. The system also features a well-organized rescue system for emergency situations that only requires the worker to press the SOS button on his/her sensor, which then immediately sounds an SOS alarm on all connected mobile and web devices, ensuring that everyone can quickly be made aware of the situation.

On March 20, the Ministry of Land, Infrastructure and Transport (MOLIT) promulgated a revised version of the Enforcement Rule of the Construction Technology Promotion Act that expanded the list of safety management fees that are required for the introduction of smart safety equipment. The revised rule’s addition of establishment/operation fees for safety management systems that utilize wireless communications/equipment to the list of official safety management expenses creates the necessary foundations for the use of cutting-edge technology at construction sites, namely through the application of smart safety equipment (based on IoT, big data, etc.). When passing the revised legislation, the MOLIT stressed its commitment to prioritizing the safety of on-site personnel by establishing a “quick response” basis for the early detection and removal of construction site dangers. The revised enforcement rule is expected to diversify the environments that can be equipped with GSIL’s smart safety management system.

Lee Jung-woo, CEO of GSIL, said, “The Pyeongtaek-Godeok construction site is a very important location in terms of Samsung Electronics’ enlargement of its new semiconductor facilities, which are expected to increase in number over the next ten years. GSIL is anticipating that the construction site will expand through Green building 1 and 2, which are the targets of this most recent contract.” GSIL is preparing the safety management system which can be applied to the confined area, such as the Samsung Engineering Tangjeong site and Samsung Electronics’ wastewater treatment facility.

Founded in 2016, GSIL has established and is operating smart construction management systems for work sites affiliated with the Korea Rail Network Authority (Gangwon branch), Korea Midland Power, and Samsung Engineering. It is also preparing to enter the Middle Eastern market and has already signed an agent contract with a subsidiary of the Bayan National Construction Contracting Company, a general construction company that is based in Kuwait. GSIL is also currently involved in negotiations for the application of its safety system and/or collaborative endeavors related to the F1 circuit (Kuwait Motor Town) and a smart city in Kuwait, PEPCO in the USA, Long Son Petrochemical in Vietnam, and a power plant in Indonesia.

For more detailed information on GSIL, visit http://www.gsil.net/.

Media contact

Jane Shin
Manager, GSIL
jane@gsil.kr

Jina Lee
PR Manager, Born2Global Centre
jlee@born2global.com

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PR Newswire

Keysight Technologies Acclaimed by Frost & Sullivan for Preparing for the Future of Communications Testing by Developing 5G Test Equipment

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SANTA CLARA, California, April 16, 2020 /PRNewswire/ — Based on its recent analysis of the global communications testing market, Frost & Sullivan recognizes California-based Keysight Technologies (NYSE: KEYS) with the 2019 Global Growth, Innovation & Leadership Frost Radar Award. The company has been recognized for its end-to-end testing solutions, particularly for 5G, to a range of vendors that manufacture 5G compliant chipsets and devices, and network operators. 

Keysight
Keysight

“Keysight Technologies has made substantial investments in R&D, especially in 5G test and measurement equipment that can validate evolving standards and faster data rates,” said Rohan Joy Thomas, Industry Analyst. “It leverages its expertise in aerospace and defense to offer stakeholders in the 5G ecosystem highly cost-effective test solutions.”

A leader in the test and measurement space, Keysight Technologies caters to approximately 32,000 customers worldwide, with no single customer representing more than 10.0% of any reporting unit’s net revenue. Already a leading provider of radio frequency (RF) and digital testing solutions, its acquisitions of Anite, Ixia, and Prisma have significantly enhanced its communication testing capabilities for chipsets, devices, and network infrastructure.

Software is being increasingly integrated into Keysight’s testing portfolio, as it offers a framework for advanced analytics and enhanced test scalability. Keysight’s current and future market position will depend heavily on the success of its PathWave platform.

“Keysight is also making rapid strides in the automotive industry, having set up innovation hubs in Novi, Michigan (US), Boeblingen (Germany), Nagoya (Japan), and Shanghai (China),” noted Rohan Joy Thomas Industry Analyst. “Similarly, its acquisitions of Signadyne and Labber Quantum have given it a firm foothold in the rapidly evolving technology field of quantum computing, while the evolution of data centers will further accelerate its growth, positioning Keysight for long-term success.”

The Growth Innovation Leadership (GIL) best practice is bestowed upon companies that are market leaders that are at the forefront of innovation. These companies consolidate or grow their leadership position by continuously innovating and creating new products and solutions that serve the evolving needs of the customer base. These companies are also best positioned to expand the market by strategically broadening their product portfolio.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Kristen Moore
P: 210.247.3823
E: kristen.moore@frost.com

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PR Newswire

Blue Hat Holds “Smart Immersive Education Classes” Experience Session for Xiamen Preschool Principals

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XIAMEN, China, April 16, 2020 /PRNewswire/ — Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, today announced that principals from 20 preschools in Xiamen were invited for a tour of the Company in which they were able to experience Blue Hat’s new range of smart AR immersive educational products first hand and participate in an in-depth information sharing session.

The event, organized by the Blue Hat Preschool Education Research Institute, also marked the opening of Blue Hat’s new Smart Immersive Education Classes Experience Center at Blue Hat’s headquarters, used to demonstrate Blue Hat’s new product range to potential clients.

At the event preschool principals had the opportunity to experience the products, including Blue Hat’s “Smart Immersive Cognitive Education Classes,” “Smart Screen Immersive Education Classes” and “Smart Immersive Physical Education Classes” firsthand, with a discussion session also held in which participants gave suggestions regarding future product iterations and applications.

“The application and use of AR technology, in terms of both hardware and software, is just beginning in the education industry,” said Mr. Xiaodong Chen, Chief Executive Officer of Blue Hat. “AR technology combines the physical with the virtual, and is a perfect complement for leading educational approaches such as situational learning and constructivism. Blue Hat is delighted with the success of this latest event, which confirms the market recognition and acceptance of our Smart Immersive Education Classes, and has significantly increased the profile of our products in Xiamen. In the future we intend to hold more of these events across China to enhance market recognition and promote a new data-based, smart and immersive style of preschool education.”

About Blue Hat

Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The Company’s interactive entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.

Contacts:

Lexie Zhang
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net

Sam Martin
The Foote Group
Phone: +86 187-0160-0950
Email: sam@thefootegroup.com

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