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PR Newswire

Mobileum Referenced for 5G Service Assurance and Testing Vendors in 2021 Gartner ® Report Titled, “Market Trend: Expand CSPs’ Monetization With 5G, AI, Edge Compute”

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Testing Requirements Vital to 5G Monetization

CUPERTINO, Calif., Sept. 7, 2021 — Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions for roaming and network services, security, risk management, testing, and monitoring, is pleased to announce that it has been referenced in the 2021 Gartner report, " Market Trend: Expand CSPs’ Monetization with 5G, AI, Edge Compute".[1] The report identifies Mobileum as a Service Assurance and Testing vendor.

 

 

As CSPs transition to 5G, there are new opportunities to leverage their 5G networks as a service, providing vertical industries, such as industrial automation, security, healthcare, and automotive, the ability to boost connectivity-enabled productivity and innovation. With advanced closed-loop service assurance mechanisms supported by testing and revenue assurance mechanisms in place, CSPs can pursue new business models, such as offering SLA-based pricing according to various levels of quality. However, this requires an integrated testing and charging monitoring solution encompassing the 5G device, radio access, and core network. Mobileum’s Active Intelligence platform is a leading telecom-focused analytics technology with a robust testing infrastructure, automation capabilities, and a widespread set of network interfaces that allows for an active-passive testing and monitoring approach required to support 5G SLA-based business models.

"Due to the nature of dynamic provisioning and the scaling of network capacity and resources brought on by 5G, it’s more important than ever for CSPs to ensure that the quality of service delivered is meeting SLAs and the charges for those services are accurate. We are pleased to have been included in this Gartner report as a company providing this critical business support," stated Ron Haberman, Chief Product Officer at Mobileum.

Mobileum’s Testing and Monitoring and Risk Management solutions provide the service and connectivity customer experience monitoring required to support B2B and B2B2X business models. The in-depth portfolio provides the automation framework and performance intelligence necessary for CSPs to understand the domestic network experience spanning 5G, IoT and eSIM, mobile money, video, emergency service, IMS, voice, data and messaging, core network, to the smartphone and app experience. In addition, it is supporting CSPs across the world to test and monitor the international network experience for their roaming, IoT and connected cars, VoLTE roaming, and international Carrier customers. Recently, Mobileum announced that Audi (AUDVF) is deploying Mobileum’s Connected Car Testing solution to test and monitor the end-to-end quality of service (QoS) of their connected cars and ensure the highest service assurance standards and control over customer experience. 

Sources (available to Gartner subscribers):

[1] Gartner, "Market Trend: Expand CSPs’ Monetization with 5G, AI, Edge Compute", Susan Welsh de Grimaldo, 27 May 2021

Gartner Disclaimer

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be constructed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Mobileum Inc.

Mobileum is a leading provider of Telecom analytics solutions for roaming, core network, security, risk management, domestic and international connectivity testing, and customer intelligence. More than 1,000 customers rely on its Active Intelligence platform, which provides advanced analytics solutions, allowing customers to connect deep network and operational intelligence with real-time actions that increase revenue, improve customer experience, and reduce costs.  Headquartered in Silicon Valley, Mobileum has global offices in Australia, Dubai, Germany, Greece, India, Portugal, Singapore, and UK.

More in www.mobileum.com and follow @MobileumInc on Twitter.

Learn more in https://www.mobileum.com/  and follow @MobileumInc on Twitter.

 

PR Newswire

Veoneer products enable level 3 hands-off self-driving tech

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STOCKHOLM, Sept. 6, 2021 — The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), is proud contributor to the Highly Automated Driving solution in the Mercedes-Benz S-class, equipped to offer level 3 hands-off self-driving tech.

During the fall, Mercedes-Benz’ DRIVE PILOT system is being introduced with greater performance from Veoneer’s Stereo Vision and Radar products to support level 3 self-driving.

Veoneer’s 4th generation stereo vision camera system is comprised of fully integrated hardware and perception software to master the challenges of highly automated driving. The stereo vision camera system uses Convolutional Neural Network (CNN) technology in combination with 3D stereo for accurate classification and positioning of objects in front of the vehicle. Functions enabled by the stereo camera are lane detection, free space, small obstacle detection and 3D objects classification. Additionally, the stereo camera is contributing to the detection of emergency vehicles and construction warning trailers to support level 3 driving.

Veoneer’s 77GHz radar, generation 1.2 including corner radars, offer high range resolution and angular accuracy. The radar has been adapted since launch to additionally support the HAF-Level 3 solution. Veoneer Radars are an important component contributing to the vehicles spatial awareness, which is increasingly important for the HAF-Level 3 use cases. Built upon novel algorithms, the resulting performance provides superior angular resolution allowing the Drive Pilot system to discern pedestrians, and vehicles.

Mercedes-Benz DRIVE PILOT system is a prime example of collaborative driving; as a level 3 system, the car can take control under certain conditions, but the driver needs to be ready to retake the wheel when needed within 10 seconds.  

"I am truly proud of Veoneer’s contribution to Mercedes-Benz AG; our world-class products are an integral part of the Drive Pilot system, but more importantly, I am even more proud of our way of working closely integrated with our customer in an agile manner, ensuring the end-consumers get superior features that improve driver convenience and safety," says Jan Carlson, Chairman, President and CEO of Veoneer.

For more information please contact:

Thomas Jönsson, EVP Communications & IR,
thomas.jonsson@veoneer.com, tel +46 (0)8 527 762 27

Veoneer, Inc. is a worldwide leader in automotive technology. Our purpose is to create trust in mobility. We design, develop, and manufacture state-of-the-art software, hardware and systems for occupant protection, advanced driving assistance systems, and collaborative and automated driving to OEMs globally. Headquartered in Stockholm, Sweden, Veoneer has 7,500 employees in 11 countries. In 2020, sales amounted to $1.37 billion. The Company is building on a heritage of close to 70 years of automotive safety development. In 2018, Veoneer became an independent, publicly traded company listed on the New York Stock Exchange (NYSE: VNE) and on the Nasdaq Stockholm (SSE: VNE SDB).

Safe Harbor Statement: This release contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Veoneer, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and/or data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any forward-looking statements in light of new information or future events, except as required by law.

 

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

https://news.cision.com/veoneer/r/veoneer-products-enable-level-3-hands-off-self-driving-tech,c3410224

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PR Newswire

Smaato’s H1 2021 Trend Report Highlights a Publisher Revenue Rally

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Data From Their OTT/CTV Platform and Proprietary Header Bidding Solution Cite Publisher Revenue Gains in H1

SAN FRANCISCO, Sept. 4, 2021 — Omnichannel ad tech platform and ad server Smaato published its H1 2021 Trend Report, celebrating that their publishers have not only recovered from the pandemic, but rallied. 

The report demonstrates ad spend spiked on the platform in 2021 and global eCPMs are up 7.4% YOY. Not only has the industry’s digital adoption trend been reflected on Smaato’s platform, Smaato’s own data also supports the acceleration of OTT/CTV spend, a shift toward header bidding solutions and the importance of contextual targeting in their latest report.

Smaato’s publisher monetization options run the gamut, and with the change in user behavior here to stay, the focus on experiences across channels seems to be paying off.  As one of the only OTT/CTV platforms to offer dynamic ad breaks and bidding by ad pod, ad slot and auction type, Smaato reports higher eCPMs for ad podding, offering more evidence that delivering experiences delivers results.

Alongside Smaato’s built-in Dynamic Ad Insertion (DAI) and Server Side Ad Insertion (SAI) capabilities for OTT, publishers can include platform, genre, series, season, and even episode information in the bid request. 

"Advertisers know what they’re bidding on, and publishers can see which ad pods, which ad slot and even which episode drives the highest revenue," says Smaato General Manager Matthew Deets. "The win-win comes down to personalizing the experience for the end user."

Another highlight in H1 is Smaato’s in-app header bidding solution. Smaato’s Unified Bidding is built into their SDK. The report cites publishers using Unified Bidding outperformed the traditional waterfall. In June of this year alone, Unified Bidding in the Smaato SDK outperformed both Android and iOS SDK integrations for won auctions by up to 10x.

"When you look at the data, it’s clear how a feature-rich platform focused on user experiences makes an impact on the bottom line," says Deets. "Now that Smaato has joined forces with Verve Group, we can only boost our ability to create personalized experiences for users to drive revenue for publishers."

Download Smaato’s H1 Trend report for more of the latest industry trends, insights and data from the Smaato platform. 

Smaato’s digital ad tech platform is the only omnichannel ad server and monetization solution with controls to make monetization simple. Publishers can bring their first-party data and manage all inventory in one place. Marketers get access to the highest-quality inventory so they can reach audiences around the world and on any device. Headquartered in San Francisco, Smaato is part of Verve Group, a Media and Games Invest (MGI) company, with additional offices in Hamburg, New York, Beijing, and Singapore. Learn more at http://www.smaato.com.

Carrie Pittman

marketing@smaato.com

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Spending on the Smaato Digital Ad Tech Platform Rallies in 2021
Indexed Ad Spending on the Smaato Platform Evidence of Publisher Comeback in 2021

PR Newswire

Future FinTech Signs Term Sheet to Acquire Supply Chain Software Business

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NEW YORK, Sept. 3, 2021 — Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that on August 30, 2021, the Company signed an equity acquisition term sheet (the "Term Sheet") to acquire 51% of the equity of Shanghai Dianfa Internet Technology Co., Ltd. ("Dianfa Technology"). The Term Sheet represents terms for a proposed transaction subject to definitive documentation and is non-binding except for its ‘Exclusive Period’ and ‘Confidentiality’; and ‘Governing Law’ sections.

According to the Term Sheet, the Company plans to acquire 51% of the equity of Dianfa Technology at a purchase price of RMB 17,850,000 (approximately US$ 2,762,730) of which RMB 6,000,000 (approximately US$ 928,650) will be paid in cash as a capital investment in Dianfa Technology and RMB 11,850,000 (approximately US$ 1,834,080) will be paid in shares of FTFT common stock to the selling shareholders of Dianfa Technology. The acquisition will be subject to legal and financial due diligence on the part of the Company.

Through this acquisition, FTFT plans to enter the key supply chain finance business of small and medium sized enterprises ("SMEs") and the microfinance sector since these entities are often not able to access bank loans as larger businesses can in China. As this represents a vast number of enterprises that have ongoing capital needs, the Company plans upon developing a financial ecosystem to include financial and lending institutions, merchants, retail businesses and other supply side services, embedded with financial technology and communications, to create a highly evolved and efficient platform to optimize capital flows for SMEs and microfinance companies.

Dianfa Technology provides digital management services and high-frequency small loan assistance services to micro, small and medium-sized businesses and their suppliers based on its innovative smart retail SaaS supply chain system. Dianfa Technology uses financial technology capabilities such as mobile Internet, big data, artificial intelligence, cloud computing and blockchain analytics to help financial institutions provide low interest collateral-free revolving credit products and services to micro and small merchants across the entire retail industry business chain to meet their funding needs. These capital needs are often of a ‘short, small, frequent and urgent’ variety and are essential in terms of supporting the operating needs of microbusinesses and small merchants.

Shanchun Huang, CEO of Future FinTech, commented, "We estimate that there are millions of microbusinesses in China which represents a tremendous opportunity for digital management, lending and payment processing companies such as Dianfa Technology. Further, we anticipate that this potential acquisition will enhance our competitive advantages as well as create important synergies with our existing capabilities in supply chain finance."

"In addition, we believe that FTFT’s strong blockchain development capabilities and rich application experience will enable us to evolve Dianfa Technology’s current smart retail SaaS supply chain system to a next business model architecture. With our increasing geographical reach, we foresee the potential to realize decentralized high-frequency small transactions for small and medium sized businesses across the globe," continued CEO Huang.

"Our goal is to become a leading financial technology company and provide an array of individual and business customers with digital inclusive financial services and in doing so, to maximize returns to our shareholders," concluded CEO Huang.

About Future FinTech Group Inc.

Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain e-commerce company and a service provider for financial technology incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects and financial services for the supply chain industry. The Company is also engaged in the development of blockchain based e-Commerce technology as well as financial technology. For more information, please visit http://ftft.com/.

Safe Harbor Statement

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2020 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

PR Newswire

Litmaps closes $125K in seed-stage investment from Quidnet Ventures

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SAN FRANCISCO, Sept. 2, 2021 — Litmaps, a Science software company based in Wellington, New Zealand has received NZ$125,000 in funding from Quidnet Ventures, a New Zealand-based venture capital fund with operations in Auckland, NZ, San Francisco and New York. Litmaps has built a research navigation platform that allows scientists, engineers, and other experts to more rapidly and deeply navigate peer reviewed research and patent literatures, accelerating breakthroughs and allowing them to work more effectively in R&D teams. The total size of Litmaps’s seed round was $1M NZD, and was led by Icehouse Ventures.

Tools like Google Scholar and Scopus allow for basic academic search, but what Litmaps allows is domain experts such as scientists and engineers to dive into their field of expertise, and use data visualisation and network science tools to understand the full picture: how the research is evolving, what they might have missed, and where breakthroughs and commercial opportunities might exist. Litmaps helps accelerate research breakthroughs – from medicine to policymaking to space travel – with more efficient discovery of 200+ million published and peer-reviewed studies.

Quidnet Ventures is a seed and series-A fund that mentors and invests in early-stage startups based in New Zealand that aspire to have global impact. Quidnet’s team consists of a group of experienced investors and advisors that can leverage their knowledge set to support Litmaps. Litmaps joins Quidnet Ventures’s portfolio, consisting of Aider, Dawn Aerospace, Winely and MaramaLabs.

"With my original training in physics I can really appreciate the problem that Litmaps is solving. Both the world of academic research and that of industrial R&D will benefit from the company’s solution," states Mark Bregman, Founder and General Partner of Quidnet Ventures.

Kyle Webster, CEO of Litmaps, states, "It’s fantastic to have Quidnet on board. Litmaps sees real value and excellent strategic alignment in Quidnets expertise in R&D intensive companies and access to both North American, and other international markets."

Litmaps’s research platform combines interactive citation maps, modern search tools, and models of a researchers’ existing knowledge to create a more efficient research discovery experience to help accelerate scientific breakthroughs. Over 30,000 researchers worldwide, from public research organisations to development teams in science-heavy companies, have already used Litmaps.

Quidnet Ventures brings years of experience and a network of experts that are well aligned with Litmaps’s strategic direction. Quidnet Ventures is capable of providing guidance on building Litmaps’s product, and opening access to networks in the global R&D market for its newest portfolio company. Quidnet Ventures’s involvement will accelerate the growth of Litmaps in the next phase of its journey.

About Quidnet Ventures: Quidnet Ventures is a seed and series-A fund investing in New Zealand-based founders building impactful companies. Quidnet Ventures focuses on taking New Zealand innovation to the world and takes an active role in helping its portfolio companies succeed by leveraging its team’s global, multi-sector network as its portfolio companies position themselves to enter international markets. Quidnet Ventures provides unrivaled access to a global network across academia, government affairs, venture capital and industry. The Quidnet Ventures team has worked in Europe, Japan, China, India and Australia; and 20+ years in New Zealand. Our partners and analysts have 150+ years of total experience in the international technology industries. The Quidnet Ventures team prides itself in leveraging its extensive experience to help its entrepreneurs work through many of the issues that the members of the team themselves have experienced.

About Litmaps:
Litmaps has built a next-generation research platform that empowers scientists, engineers, and other researchers to explore and better understand academic and patent literature. It launched an early access product in November 2020 with rapid uptake by a global user base. It has received extremely positive feedback from researchers and has been featured on the front page of both product hunt and hacker news. Having recently closed its seed round Litmaps is focused on expansion of the user base and exploring how its technology can deliver value for high performing research teams in R&D intensive companies.

Contact:
Skye Grayson
Quidnet Ventures
skye@quidnetventures.com

Related Links :

http://www.quidnetventures.com

PR Newswire

REPASSA Embraces Enterprise Mobility to make their Business Operations Seamless across their Southeast Asia Operations with HokuApps

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New Mobile CRM Solution Enabled Sales, Operations, Warehouse, and Admin Teams at REPASSA To Easily Process Customized Orders While Working Remotely.

SINGAPORE, Aug. 27, 2021 — For simplifying the order processing of the customized products, REPASSA, a trusted name in the Hygienic and Chemical industries throughout Southeast Asia, partnered with HokuApps, a global player in next-generation digital transformation services, to create a custom-built mobile CRM solution as per their unique requirements and workflows. This new solution enabled REPASSA to automate its entire sales and service management process across all SEA offices. It ensured the high quality and reliability of its business operations during COVID-19.

Established in 1992, Singapore’s REPASSA Group is a trusted name in the Hygienic and Chemical industries throughout Southeast Asia. In addition to representing famous European and U.S. brands, the company also offers custom engineering solutions and after-sales services. Their specialties include utilities, liquid & powder processing, filling, and packaging machines, ranging from single components such as pump & valve to complete industrial solutions. With so many customized products and design complexities, managing operations on the legacy systems was becoming more challenging.

Specially engineered for REPASSA’s sales and service staff, warehouse workers, and administrative people, the solution built by HokuApps makes it easy to manage new inquiries and service requests, send quotations for both regular and custom products, track orders and manage customer accounts. They can now easily create a custom quote, a work, or a delivery order, take pictures of the custom build and share it with the client. The solution is also supporting the HR team for managing leave requests, various claims, and other employee functions directly through the application.

"As a custom supplier, we knew it was going to be a challenge to build an app that could suit our operations and also be intuitively understood, by users across our subsidiaries throughout Southeast Asia," said Patrick Toh, Sales & Marketing Director at REPASSA Singapore. "One of the biggest challenges was how to implement order processing of customized products. Through systems adaptation on our end in tandem with the relentless efforts of HokuApps, we managed to build a unique solution that will benefit our future operations across SEA."

"Using the mobile app, a huge majority of REPASSA’s daily business activities, can now be consolidated into one universal company-wide platform," said Nand Kapoor, Director of HokuApps. "We enjoyed working with them in pioneering many tailor-made features and will continue to assist in upgrades and improvements as they are recognized."

About HokuApps

HokuApps is the fast-growing rapid application development platform that empowers organizations to develop innovative technology solutions incredibly fast. With a cutting-edge automated development engine, HokuApps can build custom solutions for any part and any size of the business 10X faster and at a fraction of cost. This technology platform has enhanced mobile and data integration capabilities to enable companies to speedily deploy mobile and web applications. HokuApps empowers organizations to usher in their digital transformation journey to better engage with customers, partners, and employees.

Related Links :

https://www.hokuapps.com/

PR Newswire

China Finance Online Announces Changes to the Board of Directors

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BEIJING, Aug. 27, 2021 — China Finance Online Co. Limited ("China Finance Online," or the "Company," "we," "us" or "our") (Nasdaq GS: JRJC), a leading web-based financial services company that provides Chinese individual investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, today announced the following changes to the board of directors of the Company (the "Board").

The Board has approved the appointments of Ms. Ying Zhu, Mr. Frank J. Mitsch and Mr. Haimin Xu as directors of the Company, effective as of August 27, 2021. Each of Mr. Zhiwei Zhao and Mr. Yaowei Zhang has resigned as a director of the Company, effective as of August 23, 2021, and August 20, 2021, respectively. The Board has also elected Dr. Z. James Chen as the Chairman of the Board, effective as of August 27, 2021.

Ms. Ying Zhu has been serving as our Chief Financial Officer since May 2021. She joined our Company in July 2010 and has served as our Director of Investor Relations, Director of Strategy, Assistant to the Chairman, Head of President’s Office and the Acting Chief Financial Officer. She also serves as Vice President of Rifa Securities Limited in Hong Kong. Ms. Zhu obtained her Master of Law and Bachelor of Economics degrees majoring in Finance from International Business School of Beijing Language and Culture University. Ms. Zhu has been awarded HKSI Institute Specialist Certificates on Securities, Futures and Asset Management.

Each of Mr. Frank J. Mitsch and Mr. Haimin Xu has been appointed as an independent director of the Board and will serve as members of the Audit Committee, Compensation Committee and Corporate Governance and Nominating Committee, respectively.

Mr. Frank J. Mitsch co-founded and is currently the President of Fermium Research following seven years at Wells Fargo Securities, where he was a Managing Director. Beginning his financial services career with Merrill Lynch, Mr. Mitsch has over 20 years of experience in the industry, including BB&T Capital Markets and JP Morgan H&Q. He’s a member of the 2017 and 2018 Institutional Investor’s All-America Research Team and received the Top Gun designation from Brendan Wood Intl in 2020. Mr. Mitsch has also been named four times in The Wall Street Journal’s Best on the Street analyst survey for stock selection. Frank received his Bachelor of Engineering degree from Stevens Institute of Technology and an MBA in Finance from Montclair State University.

Mr. Xu Haimin is a partner of Cybernaut Investment Group. He has worked in China Ministry of Aerospace, PricewaterhouseCoopers China, as Financial Management Consultant, and China United Assets Appraisal Group as Vice General Manager. He graduated from Nankai University with a bachelor’s degree and from School of Economics at Peking University with a Master’s degree.

The Board is thankful for Mr. Zhiwei Zhao and Mr. Yaowei Zhang’s long-term services and significant contributions to the Company and wishes them the best in their future endeavors. The Board is confident that the Company will be able to drive its business growth under the new leadership of the Board, with the addition of Mr. Frank J. Mitsch, Mr. Haimin Xu and Ms. Ying Zhu’s valuable expertise and experience.

About China Finance Online

China Finance Online Co. Limited is a leading web-based financial services company that provides Chinese individual investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers. The Company’s prominent flagship portal site, www.jrj.com, is ranked among the top financial websites in China. In addition to the web-based securities trading platform, the Company offers basic financial software, information services and securities investment advisory services to retail investors in China. Through its subsidiary, Shenzhen Genius Information Technology Co. Ltd., the Company provides financial database and analytics to institutional customers including domestic financial, research, academic and regulatory institutions. China Finance Online also provides brokerage services in Hong Kong.

Safe Harbor Statement

This press release contains forward-looking statements which 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. The statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of the Company. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, this release contains the following forward-looking statements regarding:

  • liquidity and sources of funding, including our ability to continue operating as a going concern;
  • our prospect and our ability to attract new users;
  • our prospect on building a comprehensive wealth management ecosystem through providing a fully-integrated online communication and securities-trading platform;
  • our prospect on stabilization in cash attrition and improvement of our financial position;
  • our initiatives to address customers’ demand for intuitive online investment platforms and alternative investment opportunities; and
  • the market prospect of the business of securities-trading, securities investment advisory and wealth management.

Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which risk factors and uncertainties include, amongst others, substantial doubt about ability to continue as a going concern, the outbreak of COVID-19 or other health epidemics in China or globally, changing customer needs, regulatory environment and market conditions that we are subject to; the uneven condition of the world and Chinese economies that could lead to volatility in the equity markets and affect our operating results in the coming quarters; the impact of the changing conditions of the mainland Chinese stock market, Hong Kong stock market and global financial markets on our future performance; the unpredictability of our strategic transformation and growth of new businesses; the prospect of our margin-related business and the degree to which our implementation of margin account screening and ongoing monitoring will yield successful outcomes; the degree to which our strategic collaborations with partners will yield successful outcomes; the prospects for China’s high-net-worth and middle-class households; the prospects of equipping our customer specialists with new technology, tools and financial knowledge; wavering investor confidence that could impact our business; and possible non-cash goodwill, intangible assets and investment impairments may adversely affect our net income. Furthermore, we have recurring losses from operation and inability to generate sufficient cash flow to meet our obligation and sustain our operations and face uncertainty as to the operation impact of the COVID-19 outbreak, that raise substantial doubt about our ability to continue as a going concern. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F under "Forward-Looking Information" and "Risk Factors". The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For more information, please contact:

China Finance Online
+86-10-8336-3100
ir@jrj.com

Kevin Theiss
Awaken Advisors
(212) 521-4050
kevin@awakenlab.com

Related Links :

http://www.jrj.com

PR Newswire

Uhnder Digital Imaging Radar-on-Chip Leverages proteanTecs’ Universal Chip Telemetry for Deep-Data Monitoring

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Gains visibility to achieve reliable performance at scale

HAIFA, Israel, Aug. 25, 2021 — proteanTecs, a global leader in deep data solutions for advanced electronics, announced today that Uhnder, a pioneer in digital imaging radar sensors for ADAS and next-generation mobility applications, has selected the company’s Universal Chip Telemetry (UCT) monitoring solution to provide actionable insights and predictive data about the performance, quality, and reliability of its radar-on-chip, through all product development and usage cycles.

 

proteanTecs’ UCT™ for reliable performance at scale
proteanTecs’ UCT™ for reliable performance at scale

 

proteanTecs provides deep data based on Universal Chip Telemetry (UCT), introducing visibility from within. Their cloud-based analytics platform applies machine learning algorithms to measurements extracted from on-chip monitors, strategically placed during design to provide a high coverage, high resolution picture of the system’s health and performance throughout its lifecycle. Chip manufacturers and Tier1s can reduce DPPM (defect parts per million), optimize system performance, and manage reliability margins. Once deployed in the field, OEMs can perform data-driven OTA updates, ECU fault diagnostics, and predictive maintenance, with alerts on faults before failures.

Curtis Davis, Uhnder CTO and co-founder, said: "The automotive industry needs better sensing with high reliability to reach truly effective ADAS and full autonomy. proteanTecs’ UTC deep-data monitoring provides Uhnder with critical visibility, along with predictive performance tracking, during production and while the system is in mission mode."

"Uhnder has built the power and flexibility of digital processing into their radar sensors," said Gal Carmel, proteanTecs GM Automotive. "This enables complete programmability, while allowing for precise digital imaging radar perception. By embedding proteanTecs’ UCT, Uhnder will be able to reinforce the performance and reliability profiles needed for series production at scale."

About Uhnder

Uhnder is the leader in digital perception radar technologies for automotive and next-generation mobility applications. Based on digital code modulation, Uhnder’s fully software-defined radar-on-chip (RoC) and sensor modules enable highest-resolution digital perception for ADAS, AV, and logistics automation systems. Headquartered in Austin, Texas, Uhnder is the only supplier of digital imaging radar chips and systems. For more information, visit www.uhnder.com and follow Uhnder on LinkedIn.

About proteanTecs

proteanTecs develops revolutionary Universal Chip Telemetry™ (UCT) for electronic systems throughout their entire lifecycle, increasing their performance and reliability. By applying machine learning to novel data created by on-chip UCT Agents™, proteanTecs provides meaningful insights and visibility unattainable until today, leading to new levels of quality, reliability and scale. Founded in 2017, the company is headquartered in Israel with offices in New Jersey, California and Taiwan. For more information, visit: www.proteanTecs.com.

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Tamar Naishlos, Media Relations
tamarn@proteanTecs.com

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Ready Computing Recognized as a Sample Vendor in 2021 Gartner® Hype Cycle™ for US Healthcare Payers

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Company is named as a Sample Vendor in Community Resource Network Management Category. As a leader in the healthcare IT services space, Ready Computing administers Community Resource Network Management solutions, which provides a transformational benefit for U.S. healthcare payers.

NEW YORK, Aug. 25, 2021 — Ready Computing, a leader in healthcare IT services and solutions, is recognized as a Sample Vendor by Gartner, Inc., which delivers actionable, objective insight to executives and their teams, in the Community Research Network Management (CRNM) category. The model, which simplifies care coordination by offering care program creation, oversight, and measurement in one platform, was mentioned as a transformational benefit in Priority Matrix for U.S. Healthcare Payers, 2021 in this report.

CRNM includes analytics, integrated workflows, service provider directories, referrals management, and outcomes measurement. This cloud-based model is important in addressing the social determinants of health (SDoH) because most healthcare organizations are limited in their scope and focus on a certain subpopulation or a single nonmedical determinant, like housing instability, for example. CRNM combines individual initiatives and integrates data and workflows across constituencies to address these needs to scale.

"CRNM has transformational potential that healthcare organizations and agencies acknowledge," said Mark Taylor, Director of Product Strategy for Ready Computing. "We are pleased to be recognized by Gartner in this Hype Cycle report as we continue to offer a solution that utilizes data to manage risk and improve patient outcomes."

According to this report, "This Hype Cycle provides critical input for strategic planning by tracking the maturity level and adoption rate of payer technologies and deployment approaches." 1 Based on this Hype Cycle research report, CRNM will take five to 10 years for mainstream adoption.

As a leader in the interoperability and standards community, Ready Computing continues to offer its clients end-to-end technology services and solutions in the healthcare IT industry, as well as other industries across the globe.

1 Gartner, "Hype Cycle for U.S. Healthcare Payers, 2021", Bryan Cole, Jeff Cribbs, Mandi Bishop, 13 July 2021

GARTNER and Hype Cycle are a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Ready Computing
Ready Computing specializes in designing, building, implementing, and managing large scale IT solutions for healthcare and other industries. It serves both the public and private sectors in the U.S. and internationally and supports organizations of all sizes with its comprehensive software and service offerings. Ready Computing excels in leveraging existing IT investments while providing complementary solutions that position clients for future growth and a competitive advantage. 

To learn more about Ready Computing and its end-to-end technology services and solutions, visit www.readycomputing.com.

CONTACT INFORMATION:
Tiffany Kayar
tiffanyPR@newswiremail.io

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VisIC introduces its most efficient 7.2kW bidirectional Totem Pole PFC reference design

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D3GaN power switch solution for automotive provides the best performance and cost-effective solution for high power On-Board-Chargers

NESS ZIONA, Israel, Aug. 24, 2021 — VisIC Technologies Ltd. is proud to announce its new reference design for Totem Pole PFC aimed at OBC for electric vehicles. This reference design is another step in the ongoing effort to support our customers and improve the power conversion systems to fit the demanding size, cost, and efficiency targets for the automotive market. 

The 7.2kW bidirectional Totem Pole PFC
The 7.2kW bidirectional Totem Pole PFC

Today on-board-chargers embrace the bidirectional requirements of the V2G and G2V by using new topologies such as the Totem Pole PFC.

The new reference design from VisIC is aimed at the higher power segment of 7.2kW with increased efficiency, size, and cost structure.

Based on the VisIC V22TC65S1A 22mohm, 650V, 100A GaN device that is optimized for PFC stage, the design requires a single device per leg and achieves a power density above 130W/inch3 or 8kW/L, operating at 140kHz without paralleling GaN devices and giving an efficiency above 98%.

The reference design kit includes everything needed to operate the unit in both PFC and inverter modes, from the on-board firmware on MCU to the coldplate for high power operation, as well as all the design files.

About VisIC Technologies:

Based in Israel, VisIC Technologies Ltd. was established by experts in Gallium Nitride (GaN) technology to develop and market advanced GaN-based power conversion products. VisIC has successfully developed and is bringing to market high power GaN-based transistors and modules. (GaN is expected to replace most Silicon-based (Si) products currently used in power conversion systems). Its high efficiency and reliable products are designed for high power conversion for hybrid and electric vehicles, Datacenters, renewable energy, and industrial motors. VisIC has been granted keystone patents for GaN technology and has additional patents pending.

For more information about VisIC Technologies, please visit www.visic-tech.com and LinkedIn

VisIC Top cooled V22TC65S1A GaN devices
VisIC Top cooled V22TC65S1A GaN devices

 

 

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