LONDON, Nov. 14, 2024 /PRNewswire/ — interop.io, the global leader in desktop interoperability, today announced a no-cost edition of its desktop interoperability software suite, io.Connect. The new Partner Edition of io.Connect allows fintechs, both large and small, to adopt interoperability patterns into their software without fees, exclusivity commitments, or operational hurdles.

“Market adoption of interoperability is growing exponentially,” says Dan Schleifer, President and Co-Founder of interop.io. “Clients are demanding that the vendors they rely on participate, but it’s not always clear to vendors how to engage or what the barriers to entry are. We are providing that clarity today.”

The io.Connect Partner Edition will not only allow technology providers to build and test their software for connectivity to interop-committed market participants, it will also allow interop.io partners to kickstart their own interoperability strategy – a move that large capital markets vendors are not only embracing, but directly monetizing.

“Genesis Global is thrilled to partner with interop.io, as it facilitates building rich, reactive, interoperable applications for our clients across a broad range of financial market use cases,” said Ben Jefferys, VP of Sales Engineering at Genesis Global. “We can provide clients the flexibility to break free from legacy constraints, reduce vendor dependency, and achieve the innovation they need – all powered by interoperability.”

Benefits of the Partner Edition for vendors include:

• Comprehensive API Access: Access essential FDC3 and advanced APIs to achieve robust interoperability and seamless connections across platforms.
• Effortless Client Deployment: Deploy easily to interop.io clients without complex customizations, enabling swift integration.
• Low-Barrier Entry: With a free license, the Partner Edition supports early-stage integration, making it ideal for emerging fintechs.

The Partner Edition is the next logical step in the evolution of interoperability. By making a free instance of interoperability software available for all, it’s possible for anyone to make their applications interoperable and integrate seamlessly with leading financial institutions.

“This new edition levels the playing field,” added Schleifer. “As a committed maintainer of FDC3 and a FINOS Gold member, interop.io has always supported an open, connected ecosystem. By removing cost barriers, we’re enabling fintechs to focus on what matters most: client-driven innovation and value creation.”

The Partner Edition also includes co-marketing opportunities, access to extensive documentation, an FDC3 Developer Sandbox for testing, and regular updates to keep partners at the forefront of industry advancements. Vendors interested in learning more can contact [email protected].

As the demand for interoperability grows, interop.io remains committed to pushing the boundaries of what’s possible in capital markets technology. This new offering underscores the company’s mission to “connect anything to everything.”

“This change to our partner model creates distribution potential for fintechs, better workflows for clients, and a better experience for everyone who works in or serves capital markets, all for free,” said Viktoriya Shopova, Partner Success Manager at interop.io.

For additional details on the free Partner Edition, along with more advanced partnership options, visit https://interop.io/partner-tiers/.

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About interop.io 

interop.io was formed in June 2023 through the merger of Finsemble and Glue42 to create the global powerhouse driving application interoperability in capital markets and beyond. Leveraging FDC3 and workflow automation, interop.io allows clients to create Straight-Through Workflow and benefit from unparalleled levels of business agility, a more productive workforce and better operational control.  

Media contact: 

Anna Shearer
[email protected]

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DALLAS, Nov. 14, 2024 /PRNewswire/ — Solidion Technology, Inc. (NASDAQ: STI), an advanced battery materials provider, today announced a major step forward in its corporate treasury strategy by allocating a significant portion of its excess cash reserves to Bitcoin. This move, alongside the broader pro-Bitcoin environment influenced by the recent election of a pro-crypto administration, solidifies the company’s long-term belief in Bitcoin’s role as a store of value and a strategic asset. Solidion’s core business continues to be developing and commercializing high-capacity silicon anode materials, featuring non-silane gas based and graphene-enhanced versions for automakers and other energy storage applications, along with leveraging other advanced battery technology in our unmatched 550+ patent portfolio.

Key Aspects of the Bitcoin Allocation Strategy

• 60% of Excess Cash Allocated to Bitcoin: Solidion will commit 60% of any excess cash from operations to Bitcoin purchases.
• Interest Earnings Conversion to Bitcoin: Solidion will convert interest earnings on cash held in money market accounts to Bitcoin.
• Commitment of Future Capital Raises to Acquire Additional Bitcoin: Solidion will designate a percentage of funds to Bitcoin acquisitions to be held for the long-term.

The allocation reflects a strong commitment to enhancing shareholder value by leveraging Bitcoin’s potential as a hedge against inflation and as a valuable component of a diversified treasury.

Capitalizing on Recent Pro-Bitcoin Momentum

The recent election results have brought significant attention to Bitcoin, with a new administration known for its pro-Bitcoin stance and support for a Strategic Bitcoin Reserve. The potential for favorable regulatory frameworks and increased institutional adoption, highlighted by the recent wave of Bitcoin ETFs, underscores Bitcoin’s value proposition and makes it an ideal asset for corporate treasuries seeking inflation-resistant stores of value.

Bitcoin as a Strategic Treasury Asset

Bitcoin, often called “digital gold,” has grown exponentially over the past decade, evolving through power law dynamics into a globally recognized store of value and inflation hedge.  Institutional investors, global wealth managers, corporations and private individuals continue to adapt the technology in high volumes given the scarce, digital, decentralized, transparent and global liquidity characteristics, unmatched by any other asset.

CFO Statement

“We believe strongly in Bitcoin’s transformative potential for the financial system, and we see our allocation as both a secure store of value and compelling investment,” said Vlad Prantsevich, CFO of Solidion Technology. “With the Security and Exchange Commission’s recent approval of Bitcoin ETFs, we’ve already seen significant steps toward institutional acceptance. Additionally, we anticipate Bitcoin’s next evolution will be widespread adoption as a reserve asset by both sovereign nations and corporations, creating substantial value and long-term upside potential for Bitcoin as it gains further global acceptance. We’ve made our first purchase and are excited to continue stacking Bitcoin in line with our policy parameters, with plans to evolve our strategy as we move forward.”

For more information, please visit www.solidiontech.com or contact Investor Relations.

About Solidion Technology

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Headquartered in Dallas, Texas with pilot production facilities in Dayton, Ohio, Solidion’s (NASDAQ: STI) core business includes manufacturing of battery materials and components, as well as development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air, and sea transportation. Solidion holds a portfolio of over 550 patents, covering innovations such as high-capacity, non-silane gas and graphene-enabled silicon anodes, biomass-based graphite, advanced lithium-sulfur and lithium-metal technologies.

Cautionary Note Regarding Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc., (NASDAQ: STI) (the “Company,” “Solidion,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

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Operating profit surged by 2.5 times year-on-year, with EBITDA reaching record highs, highlighting consistent revenue growth and profit

TOKYO, Nov. 14, 2024 /PRNewswire/ — 

Highlights and achievements of Q3 FY24

• Strong growth in key regions led to an all-time high revenue of JPY 9.1 billion with a 28% YoY growth
• Profitability reached historical highs, as operating profit increased 2.5 times with an operating margin of 8.7% to a record high
• EBITDA improved 79% YoY with an EBITDA margin of 16.9%, and net income expanded 2.7 times with a net margin of 9%
• Initiated first forecasted cash dividend payout of JPY 2 per share, underscoring Appier’s commitment to sustaining profitable growth with enhanced corporate value

Record-high revenue and margins, with the first forecasted dividend, signal robust performance and sustainable growth

Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its earnings results for the third quarter of fiscal year 2024. Appier achieved record revenue, profitability and operating margins, reaching an all-time quarterly revenue high of JPY 9.1 billion with a robust 28% YoY growth. Operating profit surged 2.5 times, reaching JPY 788 million with an operating margin of 8.7%. Additionally, EBITDA improved by 79% YoY, resulting in a margin of 16.9%.

Net income also significantly increased, expanding 2.7 times to JPY 814 million with a net margin of 9%. Gross profit achieved a quarterly record of JPY 4.9 billion, a 31% YoY increase, with gross margins reaching a historic high of 53.8%. This historic profit expansion has been driven by advancements in AI algorithms and technology enhancements, strong outperformance in NEA and US & EMEA regions, and improved R&D efficiency and sales and marketing productivity, supported by a focused go-to-market strategy and AI insights for larger enterprises.

In a demonstration of confidence in sustained, long-term growth, Appier has initiated its first forecasted cash dividend payout of JPY 2 per share, following the company’s first share buyback announced in FY24 Q2 earnings report. This move underscores Appier’s commitment to delivering ongoing value to shareholders and highlights the company’s dedication to sustaining profitable growth while achieving a well-balanced approach between investments for growth and shareholder returns.

Continued growth fueled by increasing demand across high-growth sectors and regions

Momentum in Q3 was driven by robust growth in Appier’s key focus regions, particularly NEA and US & EMEA. NEA’s (67%) growth accelerated to 37% YoY this quarter due to solid expansion from existing E-commerce customers and new clients across diverse verticals. Meanwhile, US & EMEA (20%) maintained a robust 20% QoQ growth, driven by rising demand for Digital Content and Other Internet Services.

Incremental revenue contributions remained consistent between existing and new customers, who played a crucial role in sustaining growth through year-end. Existing customers, comprising 55% of incremental revenue, showed strong momentum, particularly in NEA’s e-commerce and Digital Content verticals in US & EMEA. New customers, representing 45% of incremental revenue, benefited from continuous vertical diversification, with notable growth in the Digital Content verticals in NEA and US & EMEA and China outbound activities.

Laying the foundation for sustainable growth and long-term vision through continuous investment in advanced AI capabilities

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Appier’s growth has been propelled by relentless enhancements in AI algorithms, enabling highly precise targeting that consistently maximizes returns on investment and elevates customer success. With a strategic focus on larger enterprises, Appier’s customer base grew to 1,815, reflecting a 16% YoY increase while maintaining a historically low churn rate of 0.47%.

“Our advancements in AI and continuous algorithm enhancements are setting the stage for a new era of operational efficiency and transformative impact for our customers,” said Dr. Chih-Han Yu, CEO and Co-Founder of Appier. “With key milestones in AI research, strategic partnerships, and operational excellence, we are building momentum toward a future where AI fuels sustainable growth and innovation across industries. The forecasted cash dividend reflects our long-term vision and confidence in creating lasting value for shareholders, and our vision of enduring success in AI leadership.”

Deepen AI impact via GenAI, copilot mode and cross-product synergies

Appier continues to deepen its unique positioning within the AI stack’s application layer, focusing on a results-driven product development strategy.  Through fundamental GenAI and Large Language Model (LLM) research, Appier delivers scalable, contextually relevant solutions across industries by enhancing model accuracy and reliability, reinforcing its commitment to long-term growth and leadership in AI-driven business solutions that provide extra ROI for its customers. 

About Appier

Appier (TSE: 4180) is a software-as-a-service (SaaS) company that uses artificial intelligence to power business decision-making. Founded in 2012 with a vision of democratizing AI, Appier’s mission is turning AI into ROI by making software intelligent. Appier has 17 offices across APAC, Europe and US and is listed on the Tokyo Stock Exchange. Visit www.appier.com for more company information, and visit ir.appier.com/en/ for more IR information.

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