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ShotSpotter Faces Scrutiny as Studies Challenge Its Efficacy

MarketJar

As the US grapples with ever-rising gun violence, public safety companies are stepping up with innovative solutions to catch perpetrators in their tracks. But according to recent studies, some of these systems are coming up short. Tampa just renewed another contract for the controversial gunshot detection software owned by public safety technology company Sound Thinking (NASDAQ: SSTI), formerly ShotSpotter, reigniting debate about the system's actual usefulness in crime detection and prevention. The decision to renew its contract, at a cost of $280,000 to cover a four-square-mile area in East Tampa, was not without controversy. Council member Lynn Hurtak, the lone dissenting voice, highlighted the inefficacy of the system by citing an alarming number of false alerts in Chicago, where around 40,000 ShotSpotter alerts resulted in dead-ends for police. 1 The ShotSpotter system's effectiveness has been further questioned in other jurisdictions. In Kansas City, where ShotSpotter has been in use since 2012, a recent academic research project funded by the National Institute of Justice found that the technology did not significantly contribute to increased prosecutions of gun-related crime. Despite this, the Kansas City Board of Police Commissioners approved nearly $200,000 for a one-year renewal of ShotSpotter, indicating a commitment to the technology despite the study's findings. 2 These concerns are not isolated. A May 2021 study by the MacArthur Justice Center in Chicago raised serious doubts about ShotSpotter’s touted 97% accuracy rate. The study revealed that 89% of ShotSpotter alerts in Chicago turned up no gun-related crime, and 86% resulted in no crime at all. This discrepancy between reported efficiency and actual performance has stirred skepticism about the technology's reliability and its role in law enforcement. Amidst the growing concerns over the effectiveness of ShotSpotter, advanced public safety technology company Knightscope, Inc. (NASDAQ:KSCP) just announced the launch of its Automated Gunshot Detection (AGD) system, which boasts capabilities that could potentially outperform those of ShotSpotter. Revolutionizing Security with Automated Gunshot Detection Knightscope 's AGD system is designed for rapid response, capable of detecting a gunshot in less than 2 seconds. This swift detection is a significant improvement compared to ShotSpotter, which typically responds in under 60 seconds. In critical situations where every second counts, Knightscope’s faster detection could be the key to quicker law enforcement response and potentially more effective crime prevention and resolution. What’s more, Knightscope 's technology offers superior precision in locating a shooter. The AGD system can pinpoint the shooter's location within a two-meter radius, a stark contrast to ShotSpotter's 25-meter radius. This enhanced accuracy in determining the exact source of gunfire could prove invaluable in urban environments, where every meter can make a difference in effectively identifying and apprehending a suspect. The AGD systems, designed for both indoor and outdoor environments, are available as stand-alone sensors that can be easily mounted to existing structures or with the optional pole-mounting kit and solar power for increased installation flexibility. Knightscope, Inc. (NASDAQ:KSCP) clients will soon have the option to include AGD with new K1 Blue Light Tower orders or upgrade the existing 7,000 devices deployed nationwide. Knightscope 's introduction of such advanced technology into the market comes at a crucial time. With cities like Tampa and Kansas City evaluating the effectiveness of their current gunshot detection systems, the need for more accurate and responsive technology is clear. For those interested in learning more about Knightscope 's innovative projects, additional information can be found on the website of Knightscope, Inc. (NASDAQ:KSCP). Footnotes: [1] https://www.cltampa.com/news/tampa-renews-shotspotter-contract-but-questions-remain-about-the-gunshot-detection-softwares-usefulness-16820417 [2] https://www.kcur.org/news/2023-11-28/kansas-city-crime-shotspotter-gun-violence-homicides-police Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Knightscope, Inc. Market Jar Media Inc. has or expects to receive from Knightscope, Inc.’s Digital Marketing Agency of Record (Native Ads Inc.) two hundred and sixty-six thousand USD for 89 days (63 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 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Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Knightscope, Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. 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Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Knightscope, Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Knightscope, Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Knightscope, Inc.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Knightscope, Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Knightscope, Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Knightscope, Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Knightscope, Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Knightscope, Inc.’s business operations (e) Knightscope, Inc. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Knightscope, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Knightscope, Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Knightscope, Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Knightscope, Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Knightscope, Inc. or such entities and are not necessarily indicative of future performance of Knightscope, Inc. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

December 05, 2023 09:30 AM Eastern Standard Time

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FTN Network Closes Seed Funding Round, Oversubscribing Goal of $3 Million

FTN Network

FTN Network announced today that it has closed its seed funding round, oversubscribing its goal of $3 million in just two months from a group of private investors, led by investor Perry Gershon and a TechStars investment fund. Along with the raise, FTN saw tremendous growth in multiple areas of its business in Q3 of this year, headlined by over $1.05 million in quarterly total revenue, a 52% increase when compared to Q3 of 2022. FTN expanded throughout the year, signing football data guru Aaron Schatz, creator of the industry leading DVOA analysis, acquiring new fantasy business tools that helped FTN widen its customer base, and launching The FTN Fantasy Show on SiriusXM Radio, a compliment to FTN President Jeff Ratcliffe’s own industry leading presence on CBS television and SiriusXM Radio. FTN’s consumer subscription businesses alone are on par to exceed $1 million annual revenue for 2023, and nearly 60% growth over 2022. Additionally, the company is restructuring with Kevin Adams, FTN’s Founder and CEO, selling a majority of his equity to Gershon and taking on an advisory position with new responsibilities. Perry Gershon becomes FTN’s new Chief Executive Officer, effective immediately. Gershon, a career businessman, spent over 25 years as an industry pioneer in commercial real estate finance. Perry started his business ventures by developing and operating one of New York City’s first sports bars in 1987, the Polo Grounds. Perry was also the 2018 Democratic nominee in New York CD-1 for the House of Representatives. Former FTN CEO Kevin Adams will remain on FTN’s expanded Board of Directors in his new role and will also serve the Company in an advisory capacity as its Chief Strategy Officer. “With the success FTN has had in 2023, it’s key to continue to build on the foundation that Kevin and the rest of the team have created,” Gershon said. “The recent success gives us momentum and direction as we continue to develop FTN into the industry standard for those looking to get a leg-up when betting or playing fantasy sports.” About FTN Network FTN Network is a fantasy sports and betting media company with a thriving suite of consumer products along with an expanding sports data and analytics vertical that specializes in delivering business-to-business solutions. Founded in 2020, FTN gives the fantasy and sports betting community an edge through its own unique ecosystem, providing customizable tools that turn raw data into true insights while also offering expert analysis and content to help users make the most informed decisions possible. Contact Details Sterling A. Randle +1 801-319-6153 srandle@hotpaperlantern.com

December 05, 2023 09:02 AM Eastern Standard Time

Classiq Unveils Comprehensive Suite of Quantum Applications on GitHub, Driving the Future of Quantum Computing Implementation

Classiq Technologies

Classiq, a pioneer in quantum computing software, today announced the launch of a comprehensive suite of quantum applications, algorithms, functions and tutorials, now publicly available in Classiq’s GitHub Repository. These algorithms and applications are all built with the Classiq platform and are open to the Classiq community. This groundbreaking release marks a significant milestone in the practical implementation of quantum computing, ensuring software advancements keep pace with the rapidly evolving quantum hardware landscape. Classiq developed the suite of new applications to empower the quantum community – as well as those investigating quantum – with an innovative approach to software development. The Classiq platform has been engineered to cater to a broad spectrum of industries, showcasing versatile applications in finance, logistics, quantum chemistry, cybersecurity and more. This extensive collection includes widely recognized quantum algorithms such as Shor, Grover and HHL, alongside a host of quantum functions critical for building robust quantum software. “Classiq’s mission is to enable building quantum programs, efficiently and at scale. This open repository places many of the common quantum programs at your fingertips,” said Amir Naveh, Chief Product Officer and co-founder of Classiq. “This provides our users the best way to learn how to build something new with Classiq. We believe this helps the quantum community build better and smarter quantum algorithms, at an accelerated pace.” At the core of Classiq’s philosophy is the belief that quantum algorithms should first be conceptualized as models. This unique approach enables the creation of optimized, hardware-aware versions of these algorithms. With the new application suite, the quantum community can easily explore and adopt this novel methodology for quantum software creation. Classiq also ensures that all resources in the GitHub repository synchronize with the latest version of the Classiq platform, providing a seamless and hassle-free experience for users. The repository is rapidly growing, with monthly additions from Classiq’s team, users and the broader community, reflecting the dynamic nature of the quantum computing field. In fact, Classiq welcomes contributions from those keen on shaping the future of quantum software. Enthusiasts are encouraged to join the collaborative effort, contribute to the growing library of applications and algorithms and engage with the community for support and feedback. All resources are accompanied by Jupyter notebooks and.qmod files, Classiq’s proprietary modeling language, ensuring easy accessibility and usability. Classiq’s commitment to education and hands-on learning is further reflected in a comprehensive library of tutorials, designed to maximize the potential of the Classiq platform. There are many ways to get involved: Participate in the Classiq Slack community Explore the capabilities of the Classiq platform Try implementing via Classiq’s GitHub Repository Classiq is at the forefront of the quantum revolution, bridging the gap between quantum hardware advancements and software development. With this comprehensive suite of quantum applications, Classiq reaffirms its commitment to fostering a vibrant, collaborative and cutting-edge quantum computing ecosystem. About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing software platform (IDE, compiler and OS) with a single point of entry into quantum computing, from algorithm design to execution. Tailored to all levels of developer proficiency, Classiq aims to democratize access to quantum computing with software that equips customers to take full advantage of the quantum computing revolution. A low-code development environment that automates quantum programming ensures that a broader range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of how to program quantum computer hardware. Classiq also works closely with advanced computation hardware providers providing software for use with quantum computers, HPC and quantum simulators. Backed by powerful investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking software development platform. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, join the Slack community, or try the Classiq platform. Contact Details Rainier Communications Michelle Allard McMahon classiqPR@rainierco.com Company Website http://www.classiq.io/

December 05, 2023 09:00 AM Eastern Standard Time

Primax Electronics Showcases Unique Content Creation Products, Smart Access Solutions, and Innovative PC Peripherals at CES 2024

Primax Electronics Ltd.

TAIPEI, TAIWAN - Media OutReach Newswire - 5 December 2023 - Primax Electronics Ltd. (TWSE: 4915) today announced its participation in CES 2024, where it will showcase a wide range of products and technologies. As a leading ODM manufacturer with expertise in interface, visual and audio solutions, CES provides the ultimate platform for Primax to connect and collaborate with existing and potential partners, allowing it to display its one-stop-shop and high-quality customizable solutions to the world. To learn more, please join Primax at CES 2024 CES Booth No. 1713 Las Vegas, Westgate January 9-12, 2024 User Experience – Haptic ForcePad and Waterproof Sealed Keyboard Primax's Haptic ForcePad simulates tactile experiences to fingertips based on application, making it a powerful tool that engages users' sense of touch to enhance digital interactions. By providing tactile sensations and vibrations, Primax's haptic feedback adds a new dimension to user experiences, creating more immersive, intuitive, and memorable interactions. Design-wise, Primax ensures zero dead-zone, and a uniform force is present across touchpads of all sizes, allowing user feedback to be precise and true. Afraid of spills and stains? Primax's ultra-portable, wireless waterproof keyboard features a special 3D-seal with the thinnest double-layer PU, at just 0.07mm, which allows it to be waterproof, comfortable, and avoids stains and is easy to clean with sprays and wipes. Content Creation – Control Deck, Webcaster And 4K AI Camera for Streaming and Conferencing Consumers are increasingly using live video streaming apps to interact with friends, family and followers. With live streaming going mainstream, Primax is offering content creators advanced solutions for live streaming, podcasting, video editing, and video conferencing. Our line-up includes a range of control decks and webcasters for PC or mobile devices, supporting both live streaming and post-production applications. Primax's full product range for content creation showcases our commitment to deliver flexible, convenient, and high-performance solutions to meet diverse user demand. Primax's AI Smart Camera has ultra-clear video capture with AI-enhanced functions allowing it to auto-follow and provide powerful beautification functions to its users. Capable of up to 4K ultra-high resolution, Primax's AI Smart Camera produces clear and vibrant pictures, even in low-light environment, making it an ideal upgrade for video conferences and gaming. Gaming – Stylish Gaming Headsets Featuring Best Audio Quality Primax's turnkey premium wireless gaming headset features both boom and boomless microphones, allowing users to communicate in any style for different occasions. Primax's active noise cancelation technology reduces unwanted background noise, and our wireless gaming headset offers a unique ultra-lightweight design that allows prolonged usage without discomfort. Smart Access Solution – Smart Lock, Doorbell and Access Control For system integrators, Primax has announced a new series of smart access locks and doorbells, elevating connectivity, and security, while offering customization options to our customers. WallE-S offers multiple unlocking options using passcodes, 3D facial recognition, NFC cards, mobile apps, and traditional keys. Primax's cutting-edge structure light 3D facial recognition ensures instant recognition in under one second, maintaining high accuracy in both daylight and nighttime. Primax's scalable facial recognition infrastructure has a maximum capacity of over 10,000 faces, making it a perfect choice for small and medium-sized businesses (SMBs). Scott-M provides high accuracy of smart access for homes and SMBs, using 3D 2NIR technology for variable lighting conditions. Integrated with WiFi 6 with support for Matter, Scott-M allows connections to wireless networks for increased security and reliability. Buzz-HaLow is a groundbreaking doorbell solution that revolutionizes the concept of connectivity and security. Leveraging WiFi HaLow technology, Buzz-HaLow boasts unparalleled connectivity with strong penetration capability and extreme long-range wireless communication of over 1 kilometer. Designed for application integrators and specialist distributors catering to large estates, buildings, off-site entrances, and off-grid structures, Buzz-HaLow is poised to redefine standards in connectivity and security. About Primax Electronics Ltd. As a leading supplier of best-in-class solutions for information, electronics, and consumer products, Primax provides customers with a one-stop-shop solution for interface, visual and audio technologies. Primax's end-to-end smart IoT engineering and integration capabilities would allow business partners smarter access and take advantage of its wide array of technologies. For more product information and insights, visit us at: https://www. primax.com.tw/ Contact Details Angela Liu angela@GlobalPR.agency

December 05, 2023 09:00 AM Eastern Standard Time

Classiq and Oxford Quantum Circuits Partner to Advance Seamless Quantum Computing and Data Center Convergence

Classiq Technologies

Classiq, a leading quantum software company, and Oxford Quantum Circuits (OQC), a pioneering quantum computing hardware company, today announced a partnership that aims to make advanced quantum computing more accessible and streamlined for users across research and industry. Classiq provides an end-to-end quantum software platform that automates the process of developing quantum software and executing it on quantum processors. The company's proprietary technology automatically synthesizes optimized quantum circuits from functional models, high-level quantum code or via Pyomo integration. OQC is focused on developing and building enterprise-ready quantum computers based on superconducting qubits. The company is committed to working with the best software partners to ensure ease of use and seamless implementation for its quantum systems. By partnering, Classiq and OQC will offer users a smooth flow including modeling, debugging, automatic quantum circuit synthesis, circuit optimization and execution on OQC's cutting-edge quantum hardware. Classiq's platform will be expanded to support executing algorithms optimized for OQC’s quantum processors, providing developers more options to select the right quantum backend for their needs, including the recently announced next-gen OQC Toshiko machine. As part of this collaboration, they will partner to further integrate their respective technologies with data centers and HPC (high-performance computing). "We’re excited to partner with OQC and help make their innovative quantum systems easily accessible to users through our software," said Nir Minerbi, CEO and co-founder of Classiq. "Together, we invite quantum developers to experience a streamlined workflow from design all the way to state-of-the-art hardware execution." "Classiq's software helps unlock the power of quantum by abstracting away complexity for developers. We are thrilled to be partnering with them to ensure our hardware can be used seamlessly by a broad quantum community to achieve real-world impact," said Ilana Wisby, CEO of OQC. This collaboration reflects both companies' commitment to advancing the quantum ecosystem by bringing together world-class quantum software and hardware. The joint solution will empower users across industries to realize the benefits of quantum computing and build the quantum future. About OQC OQC is the globally leading enterprise-ready quantum compute company. We bring quantum to our customers’ fingertips and enable them to make breakthrough discoveries. OQC Toshiko, a powerful and secure 32-qubit quantum computing platform, is now in private beta and coming soon on public cloud and data centre fabric. For more information: For more information: www.oxfordquantumcircuits.com About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing software platform (IDE, compiler and OS) with a single point of entry into quantum computing, from algorithm design to execution. Tailored to all levels of developer proficiency, Classiq aims to democratize access to quantum computing with software that equips customers to take full advantage of the quantum computing revolution. A low-code development environment that automates quantum programming ensures that a broader range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of how to program quantum computer hardware. Classiq also works closely with advanced computation hardware providers providing software for use with quantum computers, HPC and quantum simulators. Backed by powerful investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking software development platform. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, join the Slack community, or try the Classiq platform. Contact Details Rainier Communications Michelle Allard McMahon classiqPR@rainierco.com Company Website http://www.classiq.io/

December 05, 2023 09:00 AM Eastern Standard Time

Novidea Adds Ido Peled as Senior Vice President of Product

Novidea

Novidea, creator of the cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, and wholesalers, has named Ido Peled as senior vice president of Product. In his new role, Peled will lead Novidea’s global product team, driving the strategic direction, development, and overall success of its insurance management platform, ensuring it remains at the forefront of technological advancement in the insurance industry. Prior to joining Novidea, Peled was the chief product and marketing officer for Taranis, an agricultural technology (AgTech) provider that created the industry’s leading crop intelligence platform. Before that, Peled spent 14 years at education software provider Ex Libris, now part of Clarivate, where he held various roles, including director of solutions architecture and vice president of solutions and marketing. He holds a Bachelor’s Degree in Computer Science from Tel Aviv University. Peled will focus on continued product development momentum by streamlining processes and enhancing collaboration within the product department. Novidea's commitment to agility and efficiency is reinforced by this strategic move, setting the stage for unprecedented innovation in the insurance technology sector. "Ido has the ideal technical skillset and business experience to lead our product team and increase our competitive edge globally," said Erez Nissim, CTO of Novidea. “With Ido leading our product management team, we have the right leadership in place to continue providing innovation, quality and value to our customers worldwide.” “The insurance industry is experiencing a significant shift that hinges on technological innovation. Insurance organizations that make the right tech investments to digitalize their operations and optimize efficiencies will win the race. I’m eager to dig in and work closely together with the Novidea product team to ensure that we are exceeding customers’ expectations and delivering the innovative solutions they need to get ahead,” said Peled. With the addition of Peled, Novidea continues to augment its leadership team, building upon a series of strategic hires made over the last 12 months. This includes the appointment of Erez Nissim as CTO and Yaniv Cohen as CCO. By assembling a team of exceptional talent, Novidea reinforces its position as a top innovator in the global insurance technology landscape. About Novidea Novidea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. With its open API architecture, Novidea enables brokers, agents, MGAs, and carriers to modernize and manage the customer journey end-to-end and drive growth across the entire insurance distribution lifecycle. Novidea's streamlined and automated platform fully integrates front, middle, and back offices. The Novidea platform boosts operational efficiency while providing a seamless digital experience for team members and customers alike. Insurance businesses benefit from a 360-degree view of customers and policies and can access data and actionable insights anytime, anywhere, and on any device. An Insurtech 100 Company for two consecutive years, Novidea supports more than 100 customers across 22 countries. For more information, please go to: www.novidea.com Contact Details Michelle Barry +1 603-809-2748 Michelle.barry@chameleon.co Simon Hayes +44 7771 516544 simon@nextgencomms.com

December 05, 2023 08:00 AM Eastern Standard Time

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OPPO and Fashion Pioneer AMBUSH® Launch Exclusive New Accessory for the OPPO Find N3 Flip

OPPO

SHENZHEN, CHINA - Media OutReach Newswire - 5 December 2023 - OPPO, a leading smart device brand, announced a new collaboration with fashion house AMBUSH®. The collaboration centers on a unique, stylish Flipped Padlock smartphone case designed exclusively for the OPPO Find N3 Flip by AMBUSH® Creative Director, YOON. As OPPO's latest collaboration in the world of fashion, the new campaign extends OPPO's commitment to exploring the frontiers of fashion through its compact yet powerful Find N Flip series phones. Through the collaboration, OPPO and AMBUSH® seek to reimagine the intersection of style and functionality with the new OPPO X AMBUSH FLIPPED PADLOCK, inspired by the Heart Padlock Bag designed by YOON. Perfectly embodying OPPO's brand mission, "Inspiration Ahead," the Flipped Padlock stays true to YOON's signature heart-shaped design, enveloping the compact OPPO Find N3 Flip in a trendy, eye-catching pink shade for a chic look. The OPPO X AMBUSH® collaboration goes beyond what meets the eye. The two brands have intertwined their unique styles to present a dynamic fusion of cutting-edge technology and pioneering fashion that resonates with today's tech-savvy style icons. By bringing together the powerful yet compact OPPO Find N3 Flip with YOON and AMBUSH®'s forward-looking designs, the partnership showcases how technology and fashion can be flawlessly blended. "I've been a sci-fi fan since I was a kid, and technology development has always inspired my designs. The return of the Flip phone trend has brought me back to the late 1990s, a pivotal time in fashion, when futuristic styles were on the rise, and people started using style as a status symbol. This collaboration explores how the smartphone, our most-used technology product, can become an extension of who we are. With the Flipped Padlock and Flip phone, you can be anyone you want to be, which is exactly what AMBUSH® has always stood for," said YOON, Creative Director of AMBUSH®. Like AMBUSH®, the OPPO Find N3 Flip fuses vintage and modern inspiration with its retro flip design and cutting-edge technology. In its design of the Flipped Padlock, AMBUSH® has taken cues from the sleek body and powerful performance of the Find N3 Flip to create a one-of-a-kind accessory that collides Y2K style with contemporary trends. AMBUSH®'s imprint on the Flipped Padlock stands out instantly, thanks to its heart shape and metal padlock handle. Like these contrasting elements, the Flipped Padlock allows the wearer to flip the script on any situation too. No matter the circumstances, a flip is all that's needed to unlock a boundless world. The OPPO X AMBUSH FLIPPED PADLOCK case for the OPPO Find N3 Flip is set to debut in December in China, Thailand, India, Indonesia, Malaysia, Singapore, and the Philippines. To learn more about the OPPO X AMBUSH FLIPPED PADLOCK and availability, please visit the official campaign website. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - "Smiley Face" - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. About AMBUSH® AMBUSH® was founded in 2008 by YOON and VERBAL as an experimental line of jewelry - innovative pop art-inspired designs capturing a distinct Tokyo aesthetic. The iconic trademarked POW!® motif received wide media coverage around the world. With apparel created as a canvas to complete the aesthetic YOON envisioned, AMBUSH® evolved into unisex ready-to-wear collections. The brand made its Paris debut in 2015 with YOON and VERBAL listed as two of Business of Fashion's Top500 people influencing the global fashion industry for 4 consecutive years since 2015. In 2017 AMBUSH® was selected as one of the top 8 finalists for the LVMH PRIZE. AMBUSH®'s uniquely crafted parts form an idiosyncratic style that led to commissions and collaborations with an illustrious list, including Nike, Converse, Rimowa, Moët & Chandon, Gentle Monster, Bvlgari, Sacai, UNDERCOVER and others. In 2018, AMBUSH® debuted at Amazon Fashion Week Tokyo. In the same year, Kim Jones named YOON as Jewelry Director for Dior Men, with the first creations for the house appearing in the S/S 2019 collection in Paris. In 2022, AMBUSH® presented the brand's first runway at Milan Fashion Week and began experimenting with Web3 and other technologies to enhance the customer experience. AMBUSH® opened its first Tokyo flagship store in September 2016; the second store in Tokyo opened in 2019. The brand expanded globally in 2022 and 2023 with new stores in Shanghai, Hong Kong, and Ginza. These spaces encapsulate the brand's ethos and extend the AMBUSH® Universe. Contact Details OPPO Media Contact press@oppo.com

December 05, 2023 03:51 AM Eastern Standard Time

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Sector SPDR ETFs Provide Access to Precision Investing Through Sector-Based Approach

Select Sector SPDR

In the dynamic world of investing, Exchange-Traded Funds (ETFs) have emerged as a powerful tool for investors seeking diversification, flexibility, and a more sector-driven approach. A suite of ETFs, known as Sector SPDR ETFs, allows investors to access specific market segments by offering a lens to view the market through sectors rather than size and style. Sector SPDR ETFs provide a solution to the challenge of passively accessing specific market segments. They segment the S&P 500 into investable sectors, covering all broad market segments. This appeals to a wide range of investors, offering targeted access to industries and enabling strategic portfolio balancing based on market dynamics. The lineup includes ETFs focused on various sectors. Included in the selection are: Communication Services Select Sector SPDR Fund (XLC) Consumer Discretionary Select Sector SPDR Fund (XLY) Consumer Staples Select Sector SPDR Fund (XLP) Energy Select Sector SPDR Fund (XLE) Financials Select Sector SPDR Fund (XLF) Health Care Select Sector SPDR Fund (XLV) Industrials Select Sector SPDR Fund (XLI) Materials Select Sector SPDR Fund (XLB) Real Estate Select Sector SPDR Fund (XLRE) Technology Select Sector SPDR Fund (XLK) Utilities Select Sector SPDR Fund (XLU) These ETFs from Select Sector SPDR offer an easy and transparent approach to sector investing. They allow investors to cover the entire market using different weightings, depending on personal preferences and individual investor goals. These funds are built by well-known, large-cap companies, drawing from the S&P 500 for their equities. While the market's machinations can sometimes be unpredictable, having broad exposure through segmented industries provides flexibility without having to pick a single stock. These sector ETFs allow for both diversification and customization, catering to various individual investment goals. In the ever-evolving landscape of investing, Sector SPDR ETFs stand out as a powerful tool for both diversification and precision. As we navigate the complexities of the investment world, the role of such innovative financial instruments will continue to grow, shaping the future of investing. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007069 EXP 1/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

December 04, 2023 03:30 PM Eastern Standard Time

Tribe Property Technologies reveals 34% improvement in adjusted EBITDA in 3Q 2023

Tribe Property Technologies Inc.

Tribe Property Technologies CEO Joseph Nakhla and chief financial officer Angelo Bartolini joined Steve Darling from Proactive to discuss the company's financial results for the three and nine months ended September 30, 2023. The company has implemented operational improvements and cost reduction strategies, resulting in a 34% year-over-year improvement in Adjusted EBITDA. Nakhla highlighted the company's optimism for 2024, driven by the anticipated closing of the previously announced Meritus Group acquisition and the increasing number of real estate development projects and new communities coming on board. During the quarter, Tribe Property Technologies achieved key milestones, including signing agreements with four new property developers to use the Tribe Home Pro construction software, bringing the total to 18 new property developer relationships in the first nine months of 2023. Additionally, 15 new Tribe Home Pro software licensing agreements were signed in Q3 for new construction projects, totaling 29 software license agreements in the first nine months of 2023. Bartoli emphasized that despite concerns in the real estate market and increasing interest rates, the company expects continued growth. Tribe has a robust pipeline of new development opportunities, strategic partnerships, and new software agreements. The company is also actively negotiating additional acquisition targets to further expand its reach. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

December 04, 2023 02:08 PM Eastern Standard Time

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