Monthly Archives: January 2022

PR Newswire

HULKMAN Announces the Release of Its Most Advanced Battery Charger

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Santa Clara, Calif., Jan. 28, 2022 — HULKMAN has announced the launch of its latest product, the Sigma 5 Battery Charger and Maintainer. The Sigma 5 solves one of the most common vehicle-related problem faced by consumers—a dead battery. According to HULKMAN, not only does the Sigma 5 charge your dead battery (even if it has 0.3 volts remaining), it can also diagnose, repair, optimize and maintain your battery to help avoid dead batteries in the future.

HULKMAN Sigma 5 Amp Automatic Car Battery Charger And Maintainer
HULKMAN Sigma 5 Amp Automatic Car Battery Charger And Maintainer

The HULKMAN Sigma 5 Amp Battery Charger and Maintainer features universal adaptive charging, an impressive 3.4-inch LED display, an artificial intelligence (AI) optimizer, 360-degree bad battery diagnosis and repair, and five smart system protections. HULKMAN describes each of these features as follows:

  • Universal Adaptive Charging: Five tailored charging modes charge 99.9% of lead-acid batteries, including all types of 6V and 12V batteries—plus 12V lithium-ion batteries. The integrated sensor detects the current charging stage and internal temperature to charge the battery adaptively using the correct amount of electricity. This is perfect for small vehicles such as motorcycles.
  • LED Screen Display: The 3.4-inch screen displays up to 13 easy-to-see icons and combines a warning buzzer to indicate a mis-operation. Users can monitor current/voltage, select charging parameters, and identify specific battery problems.
  • AI Charge Optimizer: The 9-Step AI Charge Optimizer ensures the correct level of power is sent to the battery, and the AI Smart Maintainer automatically maintains the battery level without user intervention, eliminating overcharging. The 12V Force Charge mode allows you charge a battery with as few as 0.3 volts.
  • 360° Bad Battery Diagnosis and Repair: This feature detects abnormal voltage drops and battery sulfation and uses AI programming to recover the battery (if possible) and restore power via pulse repair technology. Super Repair mode and Force Charge mode can resuscitate old, long-dead batteries.
  • Five smart system protections: Five advanced protections ensure security, including high-temp, short-circuit, over-current, over-voltage, and reverse-polarity protection. These safeguards help stabilize charging performance and prolong battery life.

The HULKMAN Sigma 5 Amp battery charger features a rugged design and solid construction to last a lifetime. It is also dust-tight and drop resistant. HULKMAN offers a 36-month hassle-free warranty and lifetime technical support.

The HULKMAN Sigma 5 battery charger and maintainer is now available on Amazon and on the HULMAN website here.

About HULKMAN

As a pioneer in this industry, HULKMAN was created by a group of ambitious and dedicated entrepreneurs with a vision to redefine the automotive & energy industry. We invested hundreds of millions of dollars in R&D and high experienced talent around the world to create automotive & energy products and services that delight our consumers. Here at HULKMAN, we aspire to deliver only the best and most brilliant innovations.

PR Newswire

CCTV+: Xi visits north China’s Shanxi ahead of Chinese New Year

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BEIJING, Jan. 27, 2022 — Chinese President Xi Jinping on Wednesday began his visit to north China’s Shanxi Province to learn about people’s livelihood ahead of the Spring Festival, or the Chinese New Year.

 

In two villages in Linfen City, Xi, also the general secretary of the Communist Party of China Central Committee, visited villagers’ homes and inspected the post-disaster reconstruction in areas affected by last year’s floods as well as local work in restoring farming, ensuring the public’s access to heating in winter, consolidating and expanding anti-poverty achievements and advancing rural vitalization.

For 10 years in a row, Xi has made it a tradition to visit people at the grass-roots level, especially the disadvantaged groups, ahead of the Spring Festival, the most important holiday on the Chinese lunar calendar and an occasion of family reunions.

The Spring Festival falls on Feb 1 this year.

Link: https://youtu.be/IhgaxxRcvWg

PR Newswire

Kingdee and Fenghua High-tech Jointly Start a New Journey to Digitalization

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SHENZHEN, China, Jan. 27, 2022 — On December 24, the launching meeting for the ERP platform construction project of Guangdong Fenghua High-tech Co., Ltd. (hereinafter referred to as "Fenghua High-tech") was held in Zhaoqing Fenghua Electronics Industrial Park.Yang Ming, Senior Vice President of Kingdee International Software Group Company Limited ("Kingdee International", "Kingdee" or the "Company", collectively called the "Group" along with its affiliated companies; stock code: 0268.HK) and General Manager of Kingdee Guangdong, Lin Mengjie, Deputy General Manager of Kingdee Guangdong, and relevant persons in charge of the project on both sides attended the meeting, jointly discussing the strategic plan and implementation plan for the digital transformation and intensive strategic operation of Fenghua High-tech. The meeting marks a new step forward on Fenghua High-tech’s journey to digitalization.

Yang Ming said Fenghua High-tech and Kingdee as leaders in respective fields have many similar genes, and hopes that empowered by cloud technologies, both sides can team up and contribute to the self-strengthening of the nation and industrial revitalization amid the huge wave of information technology application innovation and localization. As the next generation PaaS platform, Kingdee Cloud Cosmic can help enterprises, particularly large enterprises, build independent and controllable digital business capability assembly platforms with steady performance, strong resilience and fast response, and thus resembles the "arm shop" for enterprises to generate digital fighting capacity. The project gathers the best talents from both sides. During implementation, members of both sides are expected to uphold the same initial aspiration and goal, and work to complete the construction of the digital platform.

The leader of the Kingdee and Fenghua High-tech project team gave a report on project launch, detailing the goal and scope of the project, division of labor among members, implementation strategy and plan, as well as management mechanism.

In the era of Industrial Internet, enterprises are undergoing drastic digital transformation and revolution in operation and management, products and services, and commercial modes. As a new choice for countless Top 500 enterprises, Kingdee will stay focused on the desire of enterprise operators for growth, provide steady, reliable, safe and trustworthy cloud services with sustained innovations for all industries, and empower more Chinese enterprises with cloud technologies.

About Kingdee International Software Group Company Limited

Kingdee International Software Group Company Limited ("Kingdee International" or "Kingdee") was established in 1993. It is listed on the Main Board of the Hong Kong Stock Exchange (stock code: 0268.HK) and headquartered in Shenzhen, China. Adhering to the core values of "Acting in all Conscience, with Integrity and Righteousness", the Company is committed to helping businesses achieve their growth targets through dedicated services. It strives to provide clients with the most trusted enterprise service platform.

With the exploration in cloud services area, Kingdee has continuously received recognition from renown global and local research institutions. Kingdee achieved the following six major recognitions: 1) the only Chinese enterprise SaaS vendor ranked top-five market share in Garnter’s 2020 Application Platform Software; 2) the only Chinese enterprise SaaS vendor selected into Gartner’s Global Market Guide; 3) the only Chinese vendor won IDC’s 2020 Global SaaS Customer Satisfaction Award, ranked No.1 in ERP SaaS customer satisfaction; 4) the only Chinese vendor selected into IDC’s 2021 Asia Pacific Manufacturing ERP SaaS MarketScape, as a Contender; 5) the only company ranked No.1 market share in IDC’s China’s Enterprise SaaS ERM market for four consecutive years; 6) the only company ranked No.1 market in IDC’s growth enterprise application software market for seventeen consecutive years.

Many cloud service products of Kingdee have won the favour of benchmark enterprises, which included Kingdee Cloud Cosmic (new-generation PaaS Platform for enterprises), Kingdee Cloud Constellation (SaaS solution for large enterprises), Kingdee Cloud Galaxy (SaaS solution for medium-sized enterprises), Kingdee Cloud Stellar (SaaS solution for micro and small enterprises). Kingdee has provided software management and cloud services for more than 6.8 million enterprises, governments and organizations across the world.

PR Newswire

Skybox Security expands market leadership with over 4x growth in subscription business from new customers in 2021

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Demand for Skybox vulnerability management and security automation capabilities drove 30% new business growth

News summary

  • New 2021 customers include Fortune 500, Global 500, major government agencies, and companies in critical infrastructure sectors
  • The industry’s most advanced exposure analysis, risk scoring, security automation, and vulnerability management innovations help advance strategic cybersecurity initiatives and optimize security posture
  • Skybox Security continues significant market share gains in the rapidly growing Vulnerability Management category

SAN JOSE, Calif., Jan. 26, 2022 — Skybox Security today announced that soaring global customer demand for its Security Posture Management Platform drove a 4x increase in subscription business from new customers year-over-year. Customer expansion and new logos also resulted in over 30% growth year-over-year, driven by global customer demand for Skybox vulnerability management and security automation capabilities. Further, Skybox Security reported the strongest quarter in the company’s 19-year history to include significant expansion within the critical infrastructure sectors.

"Increasing cybersecurity regulations, digital transformation initiatives, and cloud migration continue to fuel demand for our preventative Security Posture Management Platform," said Skybox Security CEO and Founder Gidi Cohen. "Other cybersecurity companies say they do exposure analysis. Skybox Security delivers the only solution that can do it with the precision you need to prevent a cyberattack, with the full context of the network, cloud, and OT infrastructure of the organization."

New 2021 customers include Fortune 500, Global 500, major government agencies, and companies operating critical infrastructure in the energy, utilities, manufacturing, defense, and telecommunications sectors. Increasingly dangerous vulnerabilities, including but not limited to Log4j, require a new focus on preventing breaches by eliminating cyber exposure ahead of an attack.

A new path forward for breach prevention
The company’s tremendous growth is fueled by capturing the ever-increasing market need for preventative cybersecurity management while strategically expanding into new verticals and regions. Hundreds of customers trust the industry-leading Skybox Security Posture Management Platform to prevent breaches before incidents happen.

Skybox Security is the only cybersecurity company to provide complete visibility and understanding of the attack surface. No other solution can visualize and analyze hybrid, multi-cloud, and OT networks across all industries and verticals.

2021 financial highlights: year-over-year growth

  • 4x increase in new recurring subscription business
  • 30% new business growth year-over-year, driven by global demand for Skybox vulnerability management and automation capabilities
  • Added ten new logos in the critical infrastructure sector, including major international manufacturers, energy and utility providers, telecommunications leaders, and one of the largest U.S. oil & gas companies
  • Won major government contracts across federal, state, and local agencies
  • Continued expansion into the highly regulated financial services sector, with 18 new logos
  • Reported the strongest quarter in the company’s 19-year history

2021 new and expanded customers

  • One of the largest U.S. energy & utility companies expanded its Skybox deployment to protect over 200,000 assets with Skybox Vulnerability Control. The company needed to ramp up its vulnerability management program and report to senior management teams. It was equally important for the company to get a centralized view for all departments to have an objective way to measure and manage risk, allowing admins to mitigate risk exposures on various assets.
  • A major multinational oil & gas company purchased Skybox Vulnerability Control to reduce risk and increase the resiliency of OT assets. Then, the company decided to deploy Skybox Firewall and Network Assurance during the pilot phase to ensure compliance and segregation in OT and corporate environments continuously. Lastly, the customer selected Skybox Change Manager to reduce the risk and effort of making network changes throughout the organization, replacing an aging home-grown application.
  • A multinational manufacturer purchased the Skybox Security Policy Management solution to collect, normalize, and optimize their network and security data. After a security assessment showed significant risks linked to network misconfigurations, the customer evaluated different security policy management solutions. Skybox Security was selected because it is the only solution to deliver comprehensive security policy management capabilities that enable the customer to automate firewall rules and see across their attack surface with the Skybox network model.

2021 product innovation highlights

  • Delivered the most effective and efficient vulnerability remediation options available in the industry – beyond patching
  • Released additional OT vulnerability management capabilities, allowing customers to eliminate cyber exposure across the entire enterprise environment, including IT, hybrid, multi-cloud, as well as OT assets
  • Unveiled new OT security integrations with Claroty, Nozomi Networks, and Siemens’ RUGGEDCOM products that expand Skybox Security’s ability to identify exploitable vulnerabilities across IT/OT environments
  • Enriched its multidimensional network model with new and enhanced integrations across leading hardware and software partners, including Zscaler, Palo Alto Networks, VMware, F5, and others

"Managing security posture has become a critical business imperative for reducing the risk of cyberattacks. Our global customer base relies on Skybox exposure analysis to understand exposed, exploitable vulnerabilities and reduce mean time to remediation (MTTR)," said Haggai Polak, Chief Product Officer, Skybox Security. "Our upcoming product innovations will continue to extend our industry-leading network model to ingest data from transformative technologies and model entire networks across IT, OT, and hybrid cloud."

Additional resources

About Skybox Security    

Over 500 of the world’s largest and most security-conscious enterprises rely on Skybox for the insights and assurance required to stay ahead of dynamically changing attack surfaces. At Skybox, we don’t just serve up data and information. We provide the intelligence and context to make informed decisions, taking the guesswork out of securely enabling enterprises at scale and speed. Our unified security posture management platform delivers complete visibility, analytics, and automation to quickly map, prioritize, and remediate vulnerabilities across your organization. The vendor-agnostic platform intelligently optimizes security policies, actions, and change processes across all corporate and cloud environments. With Skybox, security teams can focus on the most strategic business initiatives while ensuring that enterprises remain protected. 

https://www.skyboxsecurity.com/

Media & analyst contact

Ashley Nakano
Corporate Communications Director
ashley.nakano@skyboxsecurity.com

© 2022 Skybox Security, Inc. All rights reserved. Skybox Security and the Skybox Security logo are either registered trademarks or trademarks of Skybox Security, Inc., in the United States and/or other countries. All other trademarks are the property of their respective owners. Product specifications subject to change at any time without prior notice. 

Logo – https://techent.tv/wp-content/uploads/2022/01/skybox-security-expands-market-leadership-with-over-4x-growth-in-subscription-business-from-new-customers-in-2021.jpg

PR Newswire

Oukitel launches the Super-fast Recharging (1.5 Hours) 2000Wh Portable Power Station-P2001

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HONG KONG and SHENZHEN, China, Jan. 26, 2022 — Oukitel, one of the top international consumer electronics manufacturing companies in China, with a 10-year track record of creating batteries with extraordinary capacity and durability, has stepped into the huge capacity mobile power station area aiming to eliminate carbon emission by offering P2001-2000Wh power station with an affordable price and sturdy quality.

Oukitel P2001-2000Wh Power Station Power All Your Needs
Oukitel P2001-2000Wh Power Station Power All Your Needs

The modern lifestyles and the fast growth of consumer electronics adoption are heavily relying on electricity. The increase of power outages globally caused by those natural disasters has aroused a significant concern since it may lead to massive losses at work.

In many countries and areas, there is a huge rise in the adoption of backup power today. The battery, diesel, and gas-powered generators are the most accessible options on the global mobile power station market. The benefits from the battery-powered generator can be commonly recognized in environment protection and maintenance costs.

Oukitel has officially launched its very first crowdfunding project on Kickstarter, which has been 100% funded. Now Oukitel P2001-portable power station is still available on Kickstarter at the lowest price (up to 48% off). It comes with a huge capacity (2000Wh), 2000W AC output, super-fast recharge method (0-100%, 2 hours), and advanced intelligent batteries. This budget power station enables more customers to utilize green power.

Huge Capacity 2000Wh 

Best Power Solution for Home Backup

P2001 is the ideal backup power for any unexpected blackout at home. With such a huge capacity, P2001 is designed for peace of mind as it still keeps your home appliances (TV, Microwave, fridge, washer, etc.) running for hours.

If you are into outdoor and on-the-go events with family and friends, P2000 will be a perfect power solution for those electric devices, such as the coffee maker, projector, mini-refrigerator, drone, etc.

AC Output of 2000W, Surge to 4000W

Another marked function that can not be missed is that P2001 can power any heavy-duty tool, even the electric car. It can provide a constant AC output of 2000W, whose surge up to 4000W. P2001 allows you to work in any environment by using your high-wattage devices (Electric drill, circular saw, bench grinder, etc.)

Super-fast recharging 0-100%, 2 Hours

P2001 can be charged by a standard wall outlet, solar panel, electric car, or other power generators. It only takes less than 2 hours to recharge P2001 fully by standard wall outlet.

Need to be faster? P2001 also supports the dual recharging method. Only requests 1.5 hours recharging time if P2001 is powered via 1100W AC Input and 500W solar or 500W adapter simultaneously.

Best solar power storage

P2001 is one of the best solar power storage solutions as it can be recharged by any solar panel (MAX 500W) on the market. Charging P2001 fully is less than 4 hours by using solar panels on a perfect sunny day.

Double Protection: UPS

No need to worry about any damage from a power failure on your fragile electrical products. P2001 Uninterruptible Power Supply (UPS) is built to shield your sensitive and valuable electrical devices. Connecting your essential utilities with P2001, the UPS will continue to provide reliable power automatically in any unpredictable outage.

16 Versatile Recharging Ports

P2001 comes with numerous output ports and outlets. Your various home appliances can be easily powered, moreover, P2001 supports a maximum of 16 devices being powered simultaneously.

Intelligent battery comes with safety: LiFePo4 & BMS

The high-level quality standard is presented by P2001 interior and exterior design. P2001 is armored by the fire protection material (V0 rate). An intelligent temperature control system always keeps all battery packs in a good condition.

P2001 owns 48 brand-new LiFePo4 battery packs from EVE Energy Co., Ltd, which is one of the TOP3 Power Suppliers in China. Compared with a traditional Lead-Acid battery, it features better safety and a longer lifespan.

The built-in advanced Battery Management System (BMS) ensures the battery operates intelligently and safely. The condition of those massive battery packs is always monitored by its intelligent system, any subtle errors or issues can be fixed by BMS automatically. Moreover, BMS protects those batteries from overheating, overload discharging, and over-voltage discharging.

About Oukitel

Oukitel, founded in 2007, specializes in the mobile communication industry. It has a team of seasoned experts covering research and development, manufacturing, supply chain, sales, and marketing areas, and Oukitel has sold 22 million electrical products that are also marked by our commitment to sustainability.

With the consumers’ solid support and our professional team, Oukitel is more confident to move to the portable energy storage area. Oukitel can not only provide an ideal power solution for a power outage and outdoors. More importantly, it has broadly popularized eco-friendly power globally.

Official Website: https://oukitel.com/
P2001-2000Wh Power Station: https://bit.ly/32bWNro

For media inquiries, please contact:
Oukitel
marketingteam@oukitel.com

PR Newswire

Genesis Systems, leading U.S. sustainable water technology start-up, breaks fundraising records with early round led by X-PRIZE’s Global Water Prize Co-founder.

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TAMPA, Fla., Jan. 26, 2022 — Genesis Systems, creator, and manufacturer of the world’s first and only sustainable air to water systems that can carbon (CO2) capture broke early fund-raising records in the water technology industry. The oversubscribed Seed Series of $10.25 Million enables rapid advancement and revenue growth in key water products and services in global markets.

The energetic round was led by Venture Capitalist and Co-founder of X-PRIZE India and Co-founder of X-PRIZE Water Abundance Prize, Mr. Paresh Ghelani; and institutional investors Southland Holdings, a top U.S. construction syndicate and owner of American Bridge Company, Johnson Bros. Corporation, and Mole; the owners of 1911 Ventures, the nation’s oldest continuously operating venture fund; and Venture Capitalists and Entrepreneurs; Mr. Jordan Noone, Co-Founder of Embed Ventures and former CTO & Co-founder of Relativity Space; and Dr. Ned Allen, Sr. Fellow and Former Chief Scientist at Lockheed Martin.

Mr. Ghelani said, "My partnership with Genesis is personal because as a child growing up without safe water, I know the importance of clean water. It’s commendable to see the rapid technological progress Genesis has made. It’s second to no other air to water tech in terms of efficiency and volume. This tech is something humanity must have for sustainable water supplies. The Genesis team’s passion, drive, and precision in addressing perhaps the single most important natural resource crisis humanity faces is unmatched."

Other notable participants in the round included Ambassador R. James Woolsey, 16th Director of Central Intelligence, and Mr. Phil Sumrall, former Apollo Program Engineer and Director of Advanced Programs at NASA, and Mr. Chad Hennings COO of Rubicon Representation, a former NFL player with three Superbowl Championship Rings.

Genesis Systems exited stealth in 2021 with the debut of WaterCube™ a one-of-a-kind water generator that makes 1,000-2,000 gallons a day from air using nano-liquids. WaterCube™ systems are the most efficient freshwater production systems on earth that scale-up. Genesis’ novel liquid-based technologies can generate mass water from the air at volumes between 100 gallons and 100 million gallons (306.7-acre feet) a day. The breakthrough technology can operate at low humidity and in weather conditions that excel beyond all current approaches to atmospheric water generation.

Genesis Systems are designed to operate in the most arid regions on earth, including the Middle East and North Africa, as well water-scarce areas in the United States, Australia, and Europe. WaterCube™ is available for order via Genesis’ Fortune 500 distribution and sales and leasing channels Richie Bros. and IronPlanet.com the largest equipment clearing houses in the world and at www.genesissystems.global.  

Genesis was recently named a Top 100 Startup™ and Best Startup™ and has won multiple awards and accolades for sustainable step-change water technologies. Genesis was incubated by FedTech, via U.S. Army Futures Command, and has won multiple U.S. Air Force grants and competitions including U.S. Army X-Tech Search 5, The Department of Defense Reimagining Energy Challenge, and letters of technical merit from the U.S. Air Force Research Laboratory.

Genesis’ expansion and growth is fueled by customer pull driven by the expansion of global water scarcity and demand for better and more efficient technologies. According to the World Bank Group, water scarcity will negatively impact some national GDPs up to -18 percent. BlackRock forecasts domestic water scarcity will put 66% of 84,000 surveyed U.S. Real Estate Investment Trusts (REITs) at risk by 2030.

Genesis’ CEO and Co-founder, Shannon Stuckenberg said, "Just a few short years ago we set out on a no-fail mission: Sustainably solve global water scarcity. We didn’t anticipate scarcity would progress this rapidly, but we began developing new technical approaches knowing these had to be ready. Because we’re proactive, we can provide water where, when, and how customers need it." Stuckenberg is a female CEO empowered to undertake a special mission, "Every time Genesis Systems places life-sustaining products, we near a future when everyone on earth can access essential water in the air around them. No person should be without water. And that understanding propels us at incredible speeds."

The Seed Series allows Genesis to open international markets, finalize the development of complementary water products and services, and increase commercialization staffing. Among the unique services, Genesis plans to provide is Water as a Service (WaaS) & water sale agreements to high-use customers (such as manufacturing and communities).

Genesis’ water technology may be powered by solar, wind, geothermal, or waste energy. The company plans to make carbon captures feature available on WaterCubes™ within 36 months. Stuckenberg noted, "The ability to field carbon neutral or even carbon negative water generators is something we should able to do more economically than most," according to Stuckenberg, "But our core focus right now is providing new freshwater supplies."

Citi’s Chief Economist Willem Buiter predicted in 2011, "Water as an asset class will, in my view, eventually become the single most important physical-commodity based asset class, dwarfing oil, copper, agricultural commodities and precious metals." This forecast is materializing as nations increasingly face the prospect of lower credit ratings and supply-chain disruptions due to failing water supplies according to Fitch.

Released by Marston & Webb of New York, NY

NOTE REGARDING FORWARD-LOOKING STATEMENTS

Throughout this press release, Genesis Systems (the "Company") makes forward-looking statements.  Forward-looking statements include the words "may," "will," "estimate," "continue," "believe," "expect", "likely", "should" or "anticipate" and other similar words.  These forward-looking statements generally relate to our business plans and objectives for future operations and are based upon our reasonable estimates of future results or trends.  Although the Company believes that its investment plans and objectives reflected in or suggested by such forward-looking statements are reasonable, such plans or objectives may not be achieved.  Actual results may differ substantially from projected results due, but not limited to, unforeseen developments, including developments relating to the following: The availability and adequacy of cash flow to meet financial requirements; economic, demographic, regulatory, and other conditions affecting the Company’s industry; Competition in the Company’s market niche in general; and Geopolitical aspects of the market-place. Other factors beyond the Company’s control.

MEDIA CONTACT
Victor Webb
Marston Webb Intl
Phone:(917) 887-0418
Email: Marwebint@cs.com

Contact
DAVID J. STUCKENBERG, Ph.D.                                                                                           
COO & Co-Founder
Email: D.Stuckenberg@GenesisSystems.global

PR Newswire

Donner Teams up with Guitarist and Internet Sensation Kfir Ochaion for NAMM Believe in Music 2022

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LOS ANGELES, Jan. 26, 2022 — Donner, the pioneer of innovative instruments and electronics, made its US debut at NAMM Believe in Music 2022. To honor this achievement, Donner has partnered with electric guitarist Kfir Ochaion to represent the brand and showcase their award-winning Seeker Series DST-400 electric guitar on the official NAMM web stream hosted on BelieveinMusic.tv on January 20-21.

Kfir Ochaion is showcasing his latest original single “Ride the Dragon” with Donner DST-400 electric guitar at NAMM Believe in Music Week.
Kfir Ochaion is showcasing his latest original single “Ride the Dragon” with Donner DST-400 electric guitar at NAMM Believe in Music Week.

NAMM Believe in Music Week is a global gathering to unify and support the people who bring music to the world. The event, which is taking place virtually on attend.believeinmusic.tv, presented to millions of music fans from all over the world. Every year NAMM brings together instrument makers with the world’s top musicians. The two-day event has featured inspiring interviews, live performances, and tutorials.

Donner is dedicated to supporting rising musical talents worldwide. At this years’ NAMM Believe in Music, Donner has teamed up with Kfir Ochaion, an Israeli electric guitar virtuoso who has captivated the world with his lyrical melodic style. A self-taught artist, he started his Youtube channel in 2006 and has since grown his following to 1.67M subscribers with 300M views. Kfir plays a mixture of cover music and original music on his social media channels. He maintains a strong connection with his fans by sharing his performance experiences, personal transition to producing music, and showcasing his unique guitar collection.

"I am honored to partner with Donner and to represent them at NAMM Believe In Music. The Donner DST-400 is the perfect guitar for beginner to intermediate players looking to jumpstart their musical careers", says Kfir Ochaion. "The tones of the DST-400 are comparable to many of the professional guitar models I own. The guitar base and structure will last many plays and will be a solid companion throughout a musicians’ journey. I wish I had Donner around when I was first learning how to play."

With the classic three-pickup, 22-fret configuration, and surf rock styling that has become an industry standard, the DST-400 stands out among similar brands in the price range. The DST-400 features a coil-split push/pull switch under the bridge tone knob that gives players a choice between the thicker, punchier sound of the bridge humbucker or the brighter, clearer sound of a single-coil pickup in the bridge position. These pickup options are not usually found on guitars in this price range or even guitars that cost far more. The DST-400 is the ideal instrument for anyone wanting to learn guitar.

The Donner DST-400 is an ideal guitar for beginners, featuring a coil-split push/pull switch under the bridge tone knob that gives players a choice between the thicker, punchier sound of the bridge humbucker or the brighter, clearer sound of a single-coil pickup in the bridge position.
The Donner DST-400 is an ideal guitar for beginners, featuring a coil-split push/pull switch under the bridge tone knob that gives players a choice between the thicker, punchier sound of the bridge humbucker or the brighter, clearer sound of a single-coil pickup in the bridge position.

Donner aims to inspire and equip musical enthusiasts with excellent instruments and online learning resources. While Covid has brought a lot of education online, Donner is developing a global music education community with the recent launch of the Donner Music app, which gives artists from all over the world a platform to learn and share music. Donner has teamed up with professors from Berklee College of Music to offer unique courses to the public for free, making music education accessible to everyone with the Donner Berklee Tutor Course Series. 

Kfir Ochaion – Ride the Dragon (Original) with Donner DST-400 electric guitar video

https://youtu.be/S32QSnptdVs

About Donner
Since 2012, Donner has been committed to creating new experiences in music and performance. As a pioneer of innovative instruments and electronics, we have brought the joy of musical performance to people worldwide. In the past ten years, Donner has rapidly grown as an international brand selling to Asia (China, Japan, Korea, etc.) Australia, Europe (UK, Germany, France, Spain, Italy, Russia, and North America (the United States and Canada). For more information, go to https://www.donnerdeal.com/

Contact details
US PR Contact
Jacqueline Smiley
marketing@donnermusic.com
917.364.6741

PR Newswire

Ericsson reports fourth quarter and full-year results 2021

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STOCKHOLM, Jan. 25, 2022 —

Fourth quarter highlights           

  • Group organic sales grew by 2% YoY. Sales in Mainland China declined by SEK -1.8 b. (-3 percentage points), meaning that excluding Mainland China organic sales growth was 5%. Reported sales were SEK 71.3 (69.6) b.            
  • Gross margin improved in all segments to 43.5% (40.6%) excluding restructuring charges. Reported gross margin was 43.2% (40.6%).           
  • EBIT excluding restructuring charges improved to SEK 12.3 b. (17.3% EBIT margin) from SEK 11.0 b. (15.8% EBIT margin) YoY. Reported EBIT was SEK 11.9 (11.0) b.           
  • Networks organic sales increased by 3%, despite significant market share loss in Mainland China. EBIT margin excluding restructuring charges was 23.6% (21.5%).            
  • Digital Services organic sales were flat and EBIT excluding restructuring charges was SEK 0.4 (0.5) b.           
  • Reported net income was SEK 10.1 (7.2) b. EPS diluted was SEK 3.02 (2.26).             

Full-year highlights           

  • Group organic sales grew by 4%, with an increase in Networks sales of 7%. Reported sales were stable at SEK 232.3 b. The loss of market share in Mainland China impacted sales by SEK -7.7 b. and the growth rate by -3 percentage points, meaning that excluding Mainland China, organic sales growth was 8%.           
  • Gross margin excl. restructuring charges was 43.5% (40.6%), driven primarily by strengthened operational leverage in Networks.           
  • EBIT margin excluding restructuring charges improved to 13.9% (12.5%), reaching the 2022 group target already in 2021.           
  • Reported net income was SEK 23.0 (17.6) b. EPS diluted was SEK 6.81 (5.26).           
  • Free cash flow before M&A amounted to SEK 32.1 (22.3) b. Net cash was SEK 65.8 (41.9) b. on December 31, 2021.           
  • The Board of Directors will propose a dividend for 2021 of SEK 2.50 (2.00) per share to the AGM.

SEK b.

Q4
2021

Q4
2020

YoY
change

Q3
2021

QoQ
change

Jan-Dec
2021

Jan-Dec
2020

YoY

change

Net sales

71.3

69.6

3%

56.3

27%

232.3

232.4

0%

     Sales growth adj. for comparable units and currency [1] 

–

–

2%

–

–

–

–

4%

Gross margin [1] 

43.2%

40.6%

–

44.0%

–

43.4%

40.3%

–

EBIT 

11.9

11.0

8%

8.8

34%

31.8

27.8

14%

EBIT margin [1] 

16.6%

15.8%

–

15.7%

–

13.7%

12.0%

–

Net income 

10.1

7.2

41%

5.8

76%

23.0

17.6

30%

EPS diluted, SEK 

3.02

2.26

34%

1.73

75%

6.81

5.26

29%

Measures excl. restructuring charges [1]

Gross margin excluding restructuring charges 

43.5%

40.6%

–

44.0%

–

43.5%

40.6%

–

EBIT excluding restructuring charges 

12.3

11.0

12%

8.8

39%

32.3

29.1

11%

EBIT margin excluding restructuring charges 

17.3%

15.8%

–

15.7%

–

13.9%

12.5%

–

Free cash flow before M&A 

13.5

12.8

6%

13.0

4%

32.1

22.3

44%

Net cash, end of period 

65.8

41.9

57%

55.7

18%

65.8

41.9

57%

[1] Non-IFRS financial measures are reconciled at the end of this report to the most directly reconcilable line items in the financial statements

Comments from Börje Ekholm, President and CEO of Ericsson (NASDAQ:ERIC)

Our strategy to invest in technology leadership and grow market share in our core business underpinned a robust financial performance in 2021 and ensured a good Q4 for Ericsson overall. Our commitment to pursue value from growth in wireless enterprise took a significant step forward with the announcement of our ambition to acquire Vonage, which will give us the foundation to develop a Global Network Platform to drive innovation on top of the 5G networks. This adds to already strong progress in 2021 in our organic enterprise portfolio – Dedicated Networks and IoT – and follows the successful integration of Cradlepoint. With a full-year EBIT margin[2] of 13.9%, we reached our 2022 target one year early, while absorbing significantly increased investments in R&D, Enterprise, cybersecurity and compliance. Fourth quarter organic sales[1] grew by 2%, gross margin[2] improved to 43.5% (40.6%), the EBIT margin[2] reached 17.3% (15.8%) and free cash flow before M&A amounted to SEK 13.5 (12.8) b.

Networks sales[1] grew organically by 3% in Q4, despite considerably lower volumes in Mainland China. Gross margin[2] improved to 46.4% (43.5%). The 2021 financial performance and continued market share gains outside of Mainland China are underpinned by our investments in technology leadership. We have so far been able to mitigate the inflationary pressure by continuously evolving our product portfolio. We strengthened our industry-leading portfolio during the year with ultra-light, energy-efficient Massive MIMO radios for enhanced network performance and our new Cloud RAN portfolio for 5G mid band.

In Q4, Digital Services organic sales[1] were stable YoY. Excluding sales in Mainland China, where we had considerably lower volumes, sales[1] increased by 3% YoY in the fourth quarter. Fourth quarter gross margin[2] improved to 43.4% (41.0%) with a positive EBIT[2] of SEK 0.4 b. During 2021 we continued to invest in R&D, particularly for the cloud native offerings and our portfolio is now substantially transformed compared with a few years ago. We will continue to increase investments in our 5G portfolio, including in our orchestration offerings, to further strengthen our long-term competitiveness and position us in an open world for future standards and technologies. We expect profitability to gradually improve and over time exceed our original EBIT margin[2] target of 10–12%.

Managed Services delivered a gross margin[2] of 18.9% (17.7%) in Q4. For the full year of 2021 organic sales[1] declined by -6% as new deals did not offset lower customer demand, contract rescoping and planned exits. To grow profits, we will accelerate the ongoing transformation towards a more software-driven offering with higher margin potential.

Emerging Business and Other delivered an improved gross margin[2] of 35.2% (33.8%) in Q4. For full-year 2021, gross margin[2] improved to 37.3% (28.0%), where Cradlepoint’s performance is the main contributor. We are seeing increasing momentum for our 5G portfolio in Dedicated Networks and Cradlepoint.

IPR revenues amounted to SEK 2.4 (2.6) b., including a new smaller agreement with retroactive impact. With our strong position in 5G and leading, broad patent portfolio we believe we are well positioned to conclude pending and future patent license renewals. Ericsson’s IPR licensing revenues continue to be affected by several expiring patent license agreements pending renewal and 5G license negotiations. This will lead to estimated revenues from IPR licensing of SEK 1.0–1.5 b. in Q1, unless renewals are signed in the first quarter. The actual financial impact will depend on the timing as well as terms and conditions of new agreements.

In October, we received correspondence from the Department of Justice that we had breached our obligations under the Deferred Prosecution Agreement by failing to provide certain documents and factual information. At this point in time, we cannot provide further information or predict the outcome. We continue to invest in improving our Ethics and Compliance program in accordance with our strategy and objectives. We are firmly committed to continuously develop and improve in the years to come to ensure a sustainable compliance program.

Free cash flow before M&A was SEK 32.1 (22.3) b. for full-year 2021, the highest in Ericsson’s history, further strengthening the net cash position to SEK 65.8 (41.9) b. During the last few years, our strategy has been to increase the flexibility of our business and reduce the capital tied up in the business. Consequently, we are now able to operate the Company with less capital than in the past. The Board will propose a dividend of SEK 2.50 (2.00) per share to the AGM, underlining the confidence in Ericsson’s business going forward.

Based on current business momentum, we expect fundamentals to remain strong in our core mobile infrastructure business during 2022. We will continue to increase investments in R&D to sustain our technology leadership and strengthen our competitive position to take advantage of the rollout of 5G networks. At the same time, we will continue our efforts to expand our presence in the enterprise market. Over time, we expect the enterprise segment to provide higher growth and profitability than our mobile infrastructure business. The Group EBIT target[2] for 2022 of 12-14% remains, excluding the Vonage-related segment. With the different business mix compared to when we set the 2022 target back in 2018, the target becomes less relevant, and our key focus is therefore now to accelerate the pace towards reaching our long-term target of EBITA margin[2] of 15-18%. After delivering an EBITA margin[2] of 14.6% in 2021, our ambition is to reach the long-term target no later than in 2-3 years. At that time, we will have a higher growth profile as a company.

2021 was a successful year for Ericsson and I want to take this opportunity to thank all my colleagues who relentlessly delivered on customer commitments while navigating through supply chain challenges and a raging pandemic. I am proud to be part of this team!

Stay healthy and well.

Börje Ekholm

President and CEO

[1] Sales adjusted for comparable units and currency

[2] Excluding restructuring charges

NOTES TO EDITORS

You find the complete report with tables in the attached PDF or by following this link https://www.ericsson.com/assets/local/investors/documents/financial-reports-and-filings/interim-reports-archive/2021/12month21-en.pdf or on www.ericsson.com/investors

Video webcast for analysts, investors and journalists

President and CEO Börje Ekholm and CFO Carl Mellander will comment on the report and take questions at a live video webcast at 9:00 AM CET (8:00 AM GMT London, 3:00 AM EST New York).

To join the webcast, please go to www.ericsson.com/investors

To ask a question, please call:

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Please call in at least 15 minutes before the webcast starts.

The webcast will be available on-demand after the event and can be viewed at www.ericsson.com/investors.

FOR FURTHER INFORMATION, PLEASE CONTACT

Contact person

Peter Nyquist, Head of Investor Relations
Phone: +46 705 75 29 06
E-mail: peter.nyquist@ericsson.com

Additional contacts

Stella Medlicott, Senior Vice President, Marketing and Corporate Relations
Phone: +46 730 95 65 39
E-mail: media.relations@ericsson.com

Investors

Lena Häggblom, Director, Investor Relations
Phone:  +46 72 593 27 78
E-mail:  lena.haggblom@ericsson.com

Stefan Jelvin, Director, Investor Relations
Phone: +46 709 86 02 27
E-mail: stefan.jelvin@ericsson.com

Media

Kristoffer Edshage, Director Corporate Media
Phone: +46 722 20 44 46
E-mail: media.relations@ericsson.com

Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com

This is information that Telefonaktiebolaget LM Ericsson is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 CET on January 25, 2022.

This information was brought to you by Cision http://news.cision.com

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Ericsson fourth quarter and full year report 2021

 

PR Newswire

K-Pop Boy Group SHINee Minho’s Version of “AI Guide” Will Guide Gwanghwamun Tourism, Using DeepBrain AI’s AI Human Technology

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SAN MATEO, Calif., Jan. 25, 2022 — DeepBrain AI applied AI human technology to "Gwanghwa-in", a newly created Gwanghwamun Era project in Gwanghwamun, Seoul, and recreated K-Pop group SHINee’s Minho as an "AI guide". This AI version of SHINee Minho is capable of delivering accurate information through AI Human solution that allows real-time conversation. It will provide information on palaces, cultural heritages, tourist attractions and many more including today’s weather.

Image of K-Pop group SHINee Minho as an “AI guide” delivered to "Gwanghwa-in" a newly created Gwanghwamun Era project in Gwanghwamun, Seoul, Korea.
Image of K-Pop group SHINee Minho as an “AI guide” delivered to "Gwanghwa-in" a newly created Gwanghwamun Era project in Gwanghwamun, Seoul, Korea.

Gwanghwa-In is one of eight projects in the Gwanghwa Era project promoted by the Korea Creative Content Agency through the combination of cultural and tourism content and 5G realistic technology, and DeepBrain AI participated in developing AI guides that can be found in Gwanghwa-In.

DeepBrain AI’s AI technology is a solution that creates AI humans capable of real-time two-way communication and provides complete non-face-to-face services in various fields, eliminating time and space constraints in service use, and reducing labor costs.

The AI guide introduced consists of four models including SHINee Minho, serviced in Korean, English, Japanese, and Chinese. The models use core technologies that combine DeepBrain AI’s speech, video synthesis, natural language processing, and voice recognition. For this project DeepBrain AI especially focuses on developing maximum database by utilizing the latest information provided by the Cultural Heritage Administration in developing AI guides and accurately providing the information needed for tourists by learning various dialogue scenarios.

The AI guide serves to provide information on major tourist attractions and cultural heritages in Seoul and travel information such as restaurants and cafes in Gwanghwamun to domestic and foreign tourists who visit the center. First, when the user approaches the AI guide, it automatically switches to the language selection screen, and begins introduction by the welcome greeting of the AI guide.

Media contact: John Son, email: press@deepbrainai.io

PR Newswire

Yuan Yuan’s Journey to Chinese Mainland Episode I – Beautiful Countryside

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BEIJING, Jan. 24, 2022 — A new report by China.org.cn on China’s countryside:

Hello everyone, my name is Yuan Yuan. I was born and grown up in Taiwan. My family has been telling me since I was a child, that I am Chinese. China is a big country. Taiwan region is separated from a relative called "Chinese mainland" by the sea.

 

What is the other side of the strait like? If you want to know, come with me on a trip to Chinese mainland!

Many people have the impression that Chinese mainland is poor and backward. But when I came to Chinese mainland, I was greeted by the wide and bustling streets of the city, the tall buildings lined up, the roads lined with traffic and the intertwined neon lights. People dress fashionably and avant-garde, happiness and confidence are on their faces.

Walking into the China’s countryside, you no longer see dirty streets and dilapidated village houses. After eight years of targeted poverty alleviation and five years of the battle against poverty, China has achieved a major victory in building a moderately prosperous society in all respects which impress the world.More than 9.6 million people have been completed poverty alleviation relocation, 832 designated poor counties got rid of poverty, nearly 100 million poor people have been lifted out of poverty. This is worthy of praise!

Nowadays, when you walk through the fields of China’s countryside, you can see the staggered delicate buildings, clean and tidy roads, and an endless sea of smoke connected to the blue sky. The "beautiful countryside" is in front of you.

China is not stopping there. Eliminating absolute poverty is the first step, the revitalization of the rural area is on the timetable. There is a Chinese jingle that if you want get rich, build a road first.

In China’s countryside, where villages are connected to large roads, trucks go straight to the village, transporting agricultural products out, bringing consumer goods in, making villagers richer, their lives better, and their faces always smiling.

What is life like for Compatriots in Chinese mainland now? Stay tuned for our next episode.I’ll tell you more!

Yuan Yuan’s Journey to Chinese Mainland Episode I – Beautiful Countryside

http://news.china.com.cn/txt/2022-01/21/content_78002884.htm