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PR Newswire

LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE

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Equipped with Advanced AI Software, Company’s New, High-efficiency VRF Solution Delivers a Smarter, More Comfortable Indoor Environment

SEOUL, South Korea, Feb. 8, 2023 /PRNewswire/ — LG Electronics (LG) has announced the launch of the new Multi V™ i, a Variable Refrigerant Flow (VRF) solution equipped with the company’s highly evolved AI engine, in key global markets starting from Europe. Suitable for mid- to high-rise buildings, such as offices, schools, shopping malls, apartment buildings and hotels, the energy efficient Multi V i comes with a range of differentiated, smart features that help reduce energy consumption and deliver a more comfortable indoor environment – and a quieter outdoor environment – all-year-round.

LG Multi V™ i with 26HP as a single frame, VRF cooling and heating solution
LG Multi V™ i with 26HP as a single frame, VRF cooling and heating solution

AI Smart Care

The Multi V i’s sophisticated AI engine enables AI Smart Care, which leverages spatial and situational learning to optimize operation; adjusting cooling or heating power according to several variables, including the number of people in the room, humidity levels, and indoor and outside ambient temperature. This enables the product to improve energy savings by up to 24.7 percent.1 Meanwhile, AI Indoor Space Care helps maintain a steady temperature and reduce energy consumption by automatically turning on indoor units in occupied areas, and turning them off in unoccupied areas.

LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE
LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE

AI Energy Management

Another efficiency-focused feature, AI Energy Management allows users to set energy consumption targets, which can help to lower the overall power usage of the Multi V i.

LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE
LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE

Noise Target Control

The Multi V i also helps to enhance the comfort of those living in neighboring buildings or houses. Users can set an operational noise limit (from 50 to 70 decibels2) in advance to ensure that the sound produced by the outdoor unit does not exceed the level of volume they’ve specified.

LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE
LG LAUNCHES THE ENERGY EFFICIENT MULTI V i WITH CUTTING-EDGE AI ENGINE

Weather Information Interlocking Control

Providing smart performance and convenience, the Weather Information Interlocking Control feature of LG’s VRF solution automatically selects custom operation modes – including Automatic Pre-heating and Automatic Snow Removal – based on the weather conditions.3 Automatic Pre-heating allows users to enjoy a warm indoor environment, even on the coldest days of the year, by automatically heating the room in advance, while Automatic Snow Removal prevents snow from accumulating and freezing on the outdoor unit.

LG Multi V™ i with 26HP as a single frame, VRF cooling and heating solution
LG Multi V™ i with 26HP as a single frame, VRF cooling and heating solution

Powerful Performance

Boasting powerful, dependable performance even in extreme weather conditions, the Multi V i has surpassed its predecessor, the Multi V 5, to become the most energy efficient LG VRF solution yet. 4 The unit’s newly designed biomimetic fan and an enhanced air-flow path combine to reduce fan-motor power consumption,5 resulting in improved energy savings. LG’s outstanding, new model can provide fresh, comfortable indoor air in any season, working at full cooling capacity in temperatures up to 43 degrees Celsius6, and full heating capacity in temperatures as low as negative 10 degrees Celsius.7

AI Smart Up

The Multi V i’s AI engine powers a variety of smart features, such as Auto Tuning and Remote Upgrade, which help to improve convenience and the overall user experience. The Auto Tuning system automatically tunes the compressor and motor during initial installation or when they need replacing, allowing for faster and easier setup and servicing. Meanwhile, with the Remote Upgrade system, LG’s VRF solution can be automatically updated to the latest software version without an on-site service visit. Furthermore, the Multi V i offers AI Smart Diagnosis, which provides automated system analysis and easy-to-read status reports to help reduce service times and boost reliability.

“Boasting our outstanding AI engine, the new Multi V i offers enhanced energy-savings, a more pleasant indoor environment and exceptional convenience,” said James Lee, head of the Air Solution Business Unit at LG Electronics Home Appliance & Air Solution Company. “LG will continue to deliver complete air solutions leveraging its cutting-edge AI and industry-leading HVAC technologies.

1 Tested internally following KS Test Standard (KS B ISO 15042:2006) using 24 horespower (HP) model Multi V i. Results may vary depending on the applied model, local temperature and actual environment.

2 Available setttings are 50, 55, 60, 65 and 70 decibels.

3 The Weather Information Locking Control can be used by connecting the AccuWeather app to the ThinQ server.
Results may vary depending on the applied model, local temperature and actual environment.

4 15 percent increase in energy efficiency compared to LG Multi V 5 (8HP) according to Energy Efficiency Rating (EER). Tested by Eurovent using testing models ARUM080LTE6 (Multi V i) and ARUM080LTE5 (Multi V 5). Results may vary depending on usage environment.

5 Power consumption of model RPUX202X9E (Multi V i) reduced by 12 percent compared to model RPUW20GX9E (Multi V 5).

6 The Multi V i can provide reliable cooling operation in temperatures (outdoor) ranging from negative 15 to 52 degrees Celsius (dry-bulb) and can operate at the full capacity in temperature as high as 43 degrees Celsius (dry-bulb). Based on LG Multi V i performance data in LG’s Product Data Book (PDB).

7 The Multi V i can provide reliable heating operaton in temperatures (outdoor) ranging from negative 30 to 18 degrees Celsius (wet-bulb) and can operate at the full capacity in temperature as low as negative 10 degress Celsius (wet-bulb). Based on LG Multi V i performance data in LG’s PDB. Results may vary depending on the applied model, local temperature and actual environment.

About LG Electronics Air Solution Business Unit

LG air conditioning provides optimized solutions for every sector and climate with a wide range of cutting-edge systems that bring exceptional heating, ventilation and air conditioning performance to buildings worldwide. Through our unmatched expertise and industry knowledge, we respond directly to the needs of businesses seeking digitalized and eco-conscious HVAC solutions. We are the partner your business has been looking for, and are well prepared to integrate our leading technology into your day-to-day operations, supporting you and your business every step of the way. For more information, please visit www.LG.com.

Source: LG Electronics, Inc.

PR Newswire

36Kr to Innovate Content Production and User Interaction with ChatGPT Technology

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BEIJING, Feb. 7, 2023 /PRNewswire/ — 36Kr Holdings Inc. (“36Kr” or the “Company”) (NASDAQ: KRKR), a prominent brand and a pioneering platform dedicated to serving New Economy participants in China, announced today that it has applied the latest ChatGPT and AI-generated content (AIGC) technologies in its content production ecosystem to optimize its content production model and user experience. 36kr has always attached great importance to intelligent technology’s role in the production and aggregation of high-quality content. The application of the latest ChatGPT technology will empower the intelligent transformation, release, and distribution of basic data, such as enterprise news and market dynamics, as well as financing and other news reports, elevating content production efficiency and quality. Meanwhile, ChatGPT’s customized services will also enable 36Kr’s platform to publish updates on designated topics, send intelligent commentary responses and interact with others via chats, meeting users’ diverse needs in real time. So far, the user interaction rate on the 36Kr platform has improved by 90%, greatly enhancing user interaction and stickiness.

The development of ChatGPT demonstrates that cutting-edge technology is driving innovation in the field of content production and reshaping the industry landscape. In addition, ChatGPT is fully  aligned with 36Kr’s content operation model, from its implication on content production and distribution to its influence on user access and interaction. Moving forward, 36Kr will continue to explore its application of ChatGPT and AIGC technologies to optimize the infrastructure of content production, distribution and operation, building a multi-faceted ecosystem encompassing pan-commerce, pan-technology, and pan-lifestyle content.

About 36Kr Holdings Inc.

36Kr Holdings Inc. is a prominent brand and a pioneering platform dedicated to serving New Economy participants in China with the mission of empowering New Economy participants to achieve more. The Company started its business with high-quality New Economy-focused content offerings, covering a variety of industries in China’s New Economy with diverse distribution channels. Leveraging traffic brought by high-quality content, the Company has expanded its offerings to business services, including online advertising services, enterprise value-added services, and subscription services, to address the evolving needs of New Economy companies and upgrading needs of traditional companies. The Company is supported by a comprehensive database and strong data analytics capabilities. Through diverse service offerings and significant brand influence, the Company is well-positioned to continuously capture the high growth potential of China’s New Economy. 

For more information, please visit: http://ir.36kr.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of 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. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. 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 goal and strategies; the Company’s future business development, results of operations and financial condition; relevant government policies and regulations relating to our business and industry; the Company’s expectations regarding the use of proceeds from this offering; the Company’s expectations regarding demand for, and market acceptance of, its services; the Company’s ability to maintain and enhance its brand; the Company’s ability to provide high-quality content in a timely manner to attract and retain users; the Company’s ability to retain and hire quality in-house writers and editors; the Company’s ability to maintain cooperation with third-party professional content providers; the Company’s ability to maintain relationships with third-party platforms; general economic and business conditions in China; possible disruptions in commercial activities caused by natural or human-induced disasters; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s 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:

36Kr Holdings Inc.
Investor Relations
Tel: +86 (10) 5825-4188
E-mail: ir@36kr.com

The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: 36Kr@tpg-ir.com

In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: 36Kr@tpg-ir.com 

Source: 36Kr Holdings Inc.

PR Newswire

777 Travel Technology becomes “GO7” with a mission to give airlines more control and flexibility

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With 185 airline customers, over 100 employees, and 7 locations, GO7 is ready to support the industry’s big ambitions, give back control to airlines and accelerate their commercial performance.

LONDON and MIAMI and TEL AVIV, Israel, Feb. 7, 2023 /PRNewswire/ — GO7, formerly 777 Travel, has launched its new brand today as part of a broader strategy to unify its teams, processes, and corporate portfolio around its core mission to transform travel brands by putting power back into their hands. The launch of GO7 is a key milestone in a multi-year strategy of behind-the-scenes re-architecting of traditional airline solutions and the acquisitions of Air Black Box, WorldTicket and AeroCRS.

Adam Weiss, Head of Aviation Vertical, 777 Partners, said, “The GO7 brand reflects a growing recognition across the industry for greater ability and agility to innovate stagnant business models.  At its core, GO7 unencumbers airlines and travel brands from how they’ve conventionally operated.  The brand is about big, digital thinking, modularity and interoperability, and empowering airlines to open evolutionary revenue and distribution channels.” 

GO7 cements 777 Partners’ ambitious travel technology strategy, which focuses on delivering solutions that create new commerce channels for airlines and travel companies and improve next-generation retailing, distribution, interlining, and passenger connectivity.

Meir Hadassi Turner, CEO of GO7, added, “There’s more passion and desire for travel from consumers than ever before, and demand is surging from new places and new operators. GO7 is an exciting moment for us and a key milestone in our journey to help airlines and travel brands meet this demand, generate more dynamic experiences and accelerate revenue growth without adding layers of complexity,” continues Turner. “This moment also recognises our valued customers and partners who have supported this journey and will be at the centre of everything through our next chapter.”

The travel technology units within GO7 already provide solutions for over 185 network, low-cost carriers, regional airlines and rail operations globally. These include global ticketing and distribution services, enabling airlines to easily expand their reach in key and underserved markets without compromising resources or revenue quality. Other solutions include next-generation passenger service systems, loyalty and payment platforms, and interlining, baggage, and disruption solutions that make it easier to create connected journeys for customers and generate revenue efficiently across an airline’s operations. 

James Millett, Group Aviation & GO7 CMO, said, “GO7 is an exciting new brand that captures the spirit and scale of our ambition in travel technology. We’re a challenger brand built on deep travel experience, full of talented colleagues with a passion for applying cutting-edge technology to address opportunities in airlines that move the dial. GO7 is a brand platform that embodies the energy, momentum, pace and optimism of this valuable purpose and mission.”

With a leadership team rich with industry experience and passionate in its commitment to further democratise air travel and reimagine the travel experience, GO7 is poised to play a major role in industry restructuring at a time when a true transformation is essential for travel brands. GO7 is not just another travel technology company; it’s a catalyst for change and advancing the air travel industry. 

For more information about GO7, please contact Vanessa Horwell at vhorwell@thinkinkpr.com. 

About GO7 
GO7 represents a new approach to travel technology, united by a core belief to give control back to airlines and other travel operators through flexible, customer-centric technology. GO7’s suite of integrated solutions allows airlines to transform their commercial operations using modern, agile technology flexibly designed as a ‘one-stop’ or bespoke solution. GO7’s foundations are proven, with over 185 airlines globally already using GO7 for ticketing and distribution, passenger servicing, loyalty, payments, interlining, baggage management and operational consulting. Visitwww.go7.io to learn more.

PR Newswire

Bramble Welcomes Jeff Immelt As Advisor

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JACS Capital officially invests in future of Bramble

ASHEVILLE, N.C., Feb. 7, 2023 /PRNewswire/ — Bramble, the next-gen continuous improvement software company, is excited to announce Jeff Immelt has been appointed to its advisory board, and JACS Capital, Mr. Immelt’s family office, has joined as an investor. The announcement comes as Bramble has entered a period of rapid growth.

Jeff Immelt
Jeff Immelt

“We are thrilled to partner with Jeff,” said Bramble CEO, Dan Wain. “The depth of Jeff’s experience is unparalleled and we are excited to have the opportunity to work with him so closely on the future of Bramble.”

Mr. Immelt, former chairman and CEO of GE, and former Executive Chairman of athenahealth, has been named to Barron’s “World Best CEO’s” three times. Since then, he has been a lecturer on systems leadership at Stanford Business School and has worked directly with innovative companies in the healthcare, IoT, industrial automation and clean tech industries. Mr. Immelt brings immense experience to the Bramble team.

“Bramble fills a much needed gap in the way managers lead their teams,” said Immelt. “The combination of advanced analytics and habit-formation is an exciting approach to enhancing productivity while also staying focused on engagement within an organization. I look forward to working with Dan and the team at Bramble as they change the way teams are managed around the world.”

To learn more about Bramble, visit brmbl.io.

About Bramble

Bramble is a cloud-based platform designed to simplify management by providing real-time insight into operational performance, process and cost effectiveness, and sizing of improvement opportunities. Through our intuitive solution, Operations, Transformation, HR, IT & Finance departments gain real-time access to all the key metrics required for effective, continuous, and sustainable improvement.

Contact:
Dan Wain, CEO
dan@brmbl.io
(816) 328-3378

Bramble is a cloud-based platform designed to simplify management by providing real-time insight into operational performance, process and cost effectiveness, and sizing of improvement opportunities. Through our intuitive solution, Operations, Transformation, HR, IT & Finance departments gain real-time access to all the key metrics required for effective, continuous, and sustainable improvement.
Bramble is a cloud-based platform designed to simplify management by providing real-time insight into operational performance, process and cost effectiveness, and sizing of improvement opportunities. Through our intuitive solution, Operations, Transformation, HR, IT & Finance departments gain real-time access to all the key metrics required for effective, continuous, and sustainable improvement.

Photo – https://techent.tv/wp-content/uploads/2023/02/bramble-welcomes-jeff-immelt-as-advisor-1.jpg

Logo – https://techent.tv/wp-content/uploads/2023/02/bramble-welcomes-jeff-immelt-as-advisor.jpg

PR Newswire

Lichen China Limited Announces Pricing of US$16 Million Initial Public Offering

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JINJIANG, China, Feb. 6, 2023 /PRNewswire/ — Lichen China Limited (the “Company” or “Lichen China”), a dedicated financial and taxation service provider in China, today announced the pricing of its initial public offering (the “Offering”) of 4,000,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary share. The Class A ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on February 6, 2023 under the ticker symbol “LICN.”

The Company expects to receive aggregate gross proceeds of US$16 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 600,000 Class A ordinary shares at the public offering price, less underwriting discounts. The Offering is expected to close on or about February 8, 2023, subject to the satisfaction of customary closing conditions.

Proceeds from the Offering will be used to expand the Company’s financial and taxation solution services, strengthen research and development (“R&D”) capabilities and expand self-developed software, improve brand recognition through multi-channel marketing, and working capital and general corporate matters.

The Offering is being conducted on a firm commitment basis. Univest Securities, LLC is acting as the underwriter and book-running manager for the Offering. Ortoli Rosenstadt LLP is acting as U.S. counsel to the Company, and Hunter Fischer Taubman & Li LLC is acting as U.S. counsel to Univest Securities, LLC in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (“SEC”) (File Number: 333- 264624) and was declared effective by the SEC on February 3, 2023. The Offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the prospectus relating to the Offering, when available, may be obtained from Univest Securities, LLC, by email at info@univest.us, or by standard mail to Univest Securities, LLC, 75 Rockefeller Plaza Suite 18C, New York, NY 10019. In addition, copies of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Lichen China Limited 

Lichen China Limited focuses on providing financial and taxation solution services, education support services, and software and maintenance services under its “Lichen” brand. In recognition of the Company’s expertise and experience in the financial and taxation solution services industry for over 18 years, the Company has built up its reputation as a dedicated financial and taxation solution services provider of professional and high-quality services in China. For more information, please visit the Company’s website: https://ir.lichenzx.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For investor and media inquiries, please contact:

Ascent Investors Relations LLC
Tina Xiao
Phone: +1 917-609-0333
Email: tina.xiao@ascent-ir.com 

Cision View original content:https://www.prnewswire.com/news-releases/lichen-china-limited-announces-pricing-of-us16-million-initial-public-offering-301739365.html

PR Newswire

Aratek TruFace: A Smarter Biometric Security Solution for Access Control

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TAIPEI, Feb. 6, 2023 /PRNewswire/ — Aratek, a biometrics and security industry leader, has recently launched “Aratek TruFace,” a comprehensive biometric security solution designed to revolutionize access control security and maximize workforce efficiency.

The Aratek Truface biometric access control system provides you with cutting-edge facial recognition technology, offering you with unmatched protection in just minutes.
The Aratek Truface biometric access control system provides you with cutting-edge facial recognition technology, offering you with unmatched protection in just minutes.

The Aratek TruFace solution is the perfect way to keep your facility protected. With biometric access control, visitor management, and time attendance tracking capabilities, it’s a great fit for institutions in numerous industries like education, government, healthcare, business, law enforcement, retail, and hospitality.

Easy integration with your current security infrastructures 

The Aratek TruFace solution is a breeze to set up and use. “Our API and SDK make it super easy to integrate its applications with your security infrastructure, like video surveillance or alarm systems, plus HR management platforms like attendance tracking and payroll systems,” said Samuel Wu, Aratek’s VP for International Business Division.

“The Aratek TruFace provides a painless biometric access control and attendance tracking solution that anyone can use almost out of the box – without need for lengthy training or complicated set-up so you can enjoy better security and efficiency in no time,” Samuel Wu explained.

Streamline access control with a single powerful biometric solution 

The Aratek TruFace solution combines the cutting-edge “Aratek BA8300” facial recognition terminal with the powerful “Aratek TruFace Manager” software platform, delivering an intuitive and robust system for any business.

  • Aratek TruFace hardware: An unmatched facial recognition terminal 

The “Aratek BA8300” facial recognition terminal supports multi-factor authentication with fingerprint, RFID card, barcode, and facial recognition. With this device in your building, you can secure access and maximize usability across multiple applications.

“Users can gain access by having their faces, fingerprints, or RFID cards scanned, or in combination modes, adding an additional layer of security to protected areas,” Samuel Wu noted.

  • Aratek TruFace software: Amplify your security with innovative platform 

The powerful “Aratek TruFace Manager” software platform gives administrators full control over device management, device diagnostics, access control rule setting, and attendance tracking. Its intuitive overview dashboard lets admins visualize performance metrics in clear reports.

Plus, with its mobile app for Android and iOS phones, employees can manage attendance remotely with features such as punching in/out, applying for leaves and generating attendance reports. This solution offers businesses a reliable, secure and convenient way to monitor and bolster their security needs.

About Aratek Biometrics

Aratek is a global leader in the biometrics and security industries. For over 20 years, we’ve been providing cutting-edge biometric products tailored to the needs of governments, schools, banks, and a variety of other institutions in becoming more secure and efficient. From state-of-the-art fingerprint scanners and facial recognition access control devices, all the way up to robust physical security systems and biometric softwares – Aratek will have you covered when it comes to tackling your toughest challenges!

PR Newswire

Music Licensing, Inc. (OTC:SONG) to Enhance AI-Based Music with ChatGPT Technology

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NAPLES, Fla., Feb. 4, 2023 /PRNewswire/ — Music Licensing, Inc. (OTC: SONG) is excited to announce its plans to explore using ChatGPT to enhance the already established artificial intelligence program that creates music for its wholly-owned subsidiary, Pro Music Rights, Inc.

Pro Music Rights, founded in 2018 by Jake P. Noch, has been working on AI-based music since as early as 2017 and currently has a catalog of AI production-based music with human input that has been registered with the US Copyright Office. With the use of ChatGPT, the company hopes to improve the quality of its works and increase the speed of Pro Music Rights’ expansion into other product lines such as Master Rights, mechanical rights, synchronization rights, and other subscription-based licensing audio services, and add to Pro Music Rights public performance rights repertoire.

Jake P. Noch, a pioneer in the use of AI in music, sees this as a pivotal moment for the industry. “I have always been an early adopter of AI in music, and with the rise of ChatGPT, I believe we have a unique opportunity to take AI-based music to the next level,” he stated.

Music Licensing, Inc. and Pro Music Rights, Inc. are committed to delivering high-quality AI-based music to its shareholders and customers. With the use of ChatGPT, the company is confident that it can take its AI-based music to new heights and continue its growth trajectory in the industry as well as it’s pre-existing expansion plans and business models

About Pro Music Rights, Inc. (ProMusicRights.com)

Pro Music Rights the 5th public performance rights organization (PRO) ever formed in the United States. Its licensees include notable companies like TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and hundreds of others. Pro Music Rights controls an estimated market share of 7.4% in the United States, representing over 2,500,000 works that feature notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBaggYo, Larry June, Trae Pound, Sause Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Fall Out Boy, and countless others. For more information, please visit promusicrights.com.

This press release contains certain 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

Source: Music Licensing, Inc.

PR Newswire

Flatfee Raises $900K

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PALO ALTO, Calif., Feb. 4, 2023 /PRNewswire/ — Flatfee (Flateecorp.com), a managed marketplace connecting global small to mid-sized global sellers with legal and administrative professionals closed a $900K round led by KungHo Fund (https://www.KungHo.com). The financing will provide important funds as Flatfee prepares for its upcoming seed round.

With this investment, Flatfee will solidify its first mover advantage providing a managed marketplace for comprehensive compliance services to small to mid-sized e-commerce sellers and app developers competing in the global market. “We look forward to building on the rapid growth Flatfee experienced in 2022 as it becomes the market leader in global intellectual property planning, remote entity formation and compliance for underserved global entrepreneurs.”

Samsun Yu, an expert on cross-border intellectual property practitioner, will be joining the company as a director to facilitate such efforts.

In a little over one year, Flatfee has expanded into 18 countries, with customer service provided in four languages, and completed close to 2,500 orders after its initial launch. Due to the strong demand in cross-border operation among e-commerce sellers and application developers, Flatfee’s sales grew an average of 20% each month of 2022. They discovered a lucrative market for integrated compliance solutions for small to mid-sized global entrepreneurs. 

KungHo Fund’s CEO and founder George Kung commented that his firm’s investment thesis for Flatfee is the rapid growth of global online sellers. Kung Ho Fund believes that Flatfee’s ability to integrate and manage professional and international service teams will make it an important player to meet the compliance needs of those global sellers.

Overseas Operation Services Inc., the operating entity of flatfeecorp.com, was formed in 2022 and focuses on prepackaged professional services to cross-border enterprises.

KungHo Fund is a venture fund formed in June 2022 as the U.S. arm of Zino Ventures, a New Zealand based venture capital firm. The fund focuses on early investments in artificial intelligence, e-commerce and bio-technology.

Media contact: Alfonso Gutierrez, alfonso@flatfeecorp.com

Source: Overseas Operation Services Inc.

PR Newswire

New market update: February 2023

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Concordia Maritime has published a new market update

GOTHENBURG, Sweden, Feb. 3, 2023 /PRNewswire/ — The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the development of the global product tanker fleet, as well as data about the demand for oil and development of inventory levels.

For more information, please contact:
Erik Lewenhaupt 
CEO, Concordia Maritime AB  
0704-855 188 
erik.lewenhaupt@concordiamaritime.com

The following files are available for download:

PR Newswire

Quixant launches the QMAX Gaming platform, the Gaming industry’s most powerful and feature-rich PC

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CAMBRIDGE, England, Feb. 3, 2023 /PRNewswire/ — Quixant is pleased to announce the launch of its market-leading QMAX Gaming hardware platform, designed to deliver the highest resolution content, smoothest gameplay, and the ultimate player experience.

The new platform is powered by Intel®, offering exceptional GPU performance, and is available with or without a dGPU, allowing customers to increase their hardware performance by adding their graphics card of choice.

Quixant launches the QMAX Gaming hardware platform, the most powerful and feature-rich Gaming PC
Quixant launches the QMAX Gaming hardware platform, the most powerful and feature-rich Gaming PC

Highly customizable, it meets the requirements of all major global Gaming jurisdictions, including GLI-11. It comes with Quixant’s game-optimizing Software solutions as standard which optimize game development and delivery and allow customers to focus on content development without worrying about regulatory requirements.

Commenting on the launch, Duncan Faithfull, EVP, and CCO at Quixant said “We believe our customers’ focus should be on content, not developing hardware solutions to build them on. They need the freedom to develop content with the confidence that their solution is reliable and as powerful as their imagination needs it to be. That’s why Quixant developed, IQ, IQON, and QMAX, its range or Gaming PCs designed to provide maximum performance based on budget, market, and product needs. The new QMAX is our most powerful and feature-rich platform yet, giving customers a platform that goes as far as their imagination can.”

Duncan continued: “Whilst developing specialist, game-changing technology is core to the Quixant offering, partnerships are equally important – it’s our responsibility to support our customers to make sure that they get the most out of their Quixant products. Our team is always on hand to enable customers to maximise the potential of their QMAX platform, so they can focus on the aspects that allow them to get ahead of the game.”

He concluded: “After launching Quantum and Qinetic, our range of modular Gaming and Sports betting cabinets, we identified the need to expand our Software Solutions to further support customers. We now offer a comprehensive suite of software and integration support solutions, which allow game designers to focus their efforts on developing the ultimate game content and player experience, as well as enabling management of the cabinet the game sits on, and a collection of integration solutions. We would love to discuss this with game manufacturers who are looking to enhance their content and expedite the time it takes to get their cabinets to market.”

Find out more at quixant.com