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VeeaSystems to Display the Full Range of Devices for VeeaHub Platform at MWC Shanghai Bringing Advanced Wireless Edge Computing to Smart Verticals

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VeeaSystems, a wholly owned subsidiary of Veea Inc., the company powering an intelligently connected world with a universal platform for IoT and smart edge solutions, today announced that it will be publicly demonstrating the full range of its VeeaHub intelligent wireless edge servers for the first time at MWC Shanghai 2019, June 26-28. The company’s solutions bring together highly integrated Edge Computing and Wireless-mesh networking with performance and security designed and tailored for home and enterprise applications from SMEs to campus-wide deployments, including models for ruggedized industrial applications and certified for use in physically demanding transport environments. Veea will be exhibiting at MWC Shanghai on the iFree Booth F160 in Hall N1.

VeeaSystems will be displaying four different indoor and outdoor VeeaHub models that enable businesses operating across a wide spectrum of deployment scenarios to benefit from a resilient mesh network and innovative Smart applications running on its server function that support current as well as new and innovative use cases literally across every market vertical.

VeeaHub is a breakthrough platform solution with intelligent wireless servers that can create a hybrid wireless and wired micro-cloud at customer premises with support for all commonly used forms of wireless communications and the ability to run unique software applications on each VeeaHub node’s Linux server function to complement or minimize enterprise or SME’s dependence on cloud computing. It is a highly scalable platform that most economically substitutes for, or complements existing, Wi-Fi Access Point (APs) while providing for communications with a wide range of Wi-Fi, Bluetooth (with an integrated Eddystone beacon) and communication protocols (e.g., Zigbee and Z-Wave) for sensors and devices supporting Internet of Things (IoT) at customer premises as one highly integrated solution.

VeeaHub’s unique software architecture supports a novel container-based virtualization enabling a wide range of solutions and applications through the VeeaHub App Store. VeeaHub models on display run the same software architecture enabling the flexibility for applications to be deployed and managed concurrently, with each VeeaHub model providing physically different connectivity and compute capabilities alongside alternative environmental options. The VeeaHub range includes:

  • VeeaHub (VHE05) – ideal for Small Medium Businesses, Smart Home and Developers
  • VeeaHub Pro (VHE09/10) – ideal for large indoor Enterprise deployments
  • VeeaHub Pro Outdoor (VHH10) – ideal for large outdoor Enterprise or Smart City deployments
  • VeeaHub Pro RT (VHHR06) – ideal for Transportation including Trains, Ships, Trams and Buses

By proving a platform for applications to operate at the Edge, managed from VeeaHub’s Cloud platform with local control via smartphone and web-based Control Center, businesses can now make any vertical ‘Smart’, including Retail, Cities, Buildings, Education, Construction, Hospitals, Government, Trains, Ships and Home. VeeaHub users can download apps from the VeeaHub App Store as well as write their own custom applications using the VeeaHub SDK with ease.

“VeeaHub Platform delivers a whole new paradigm of computing that opens up a huge range of business innovations. By delivering a platform that offers a resilient and rapidly deployable mesh network, combined with highly secure edge compute – that can operate with or without Internet access – enterprises of all sizes and shapes can develop and deploy a wide range of innovative applications and services that suit their needs for the same cost as popular enterprise-class WiFi Access Points with only one function,” said Allen Salmasi, CEO of Veea. “We are now taking orders from a wide range of vertical markets, helping enterprises benefit from the power of wireless edge computing.”

VeeaHub’s micro-cloud significantly extends the range of wireless connectivity and coverage for smart devices, with a highly advanced “mesh networking” technology that substantially reduces cabling costs, along with multiple backhaul capabilities for Internet connection. It optionally provides for an eSIM-based 4G backhaul connectivity solution for 4G SD-WAN including automatic failover for ISP connection. Another unique feature is support for various forms of LoRa communications that can be customized for long-range low-power communications. VeeaHub platform solutions substantially reduce cloud computing costs and dependency on third party resources, while increasing reliability, security, privacy and flexibility in processing, managing, disseminating and maintaining data.

With the sheer quantity of data being generated for consumption at distant locations, it is fast becoming obvious that cloud computing will not be able to address a significant number of Industry 4.0 applications on a stand-alone basis. This may be for reasons of cost, service availability and reliability, security and privacy, latency, lack of a connection to Internet (e.g., mine shaft), or the environmental considerations of how all of this data is processed, managed and disseminated across the globe.

As new Applications using Artificial Intelligence (AI), Augmented Reality (AR) and Machine Learning emerge the issue of latency will also become more critical for many services. Whilst 5G offers higher speeds of connection, it only addresses one of the vulnerabilities associated with cloud computing and only in cases that ultra-high speed communications is required. Edge Computing provides a complimentary solution that allows for an alternative to the method of blindly sending all the data to the Cloud, and then deciding what to do with it, for many applications. VeeaHub platform enables all or, at least, part of the data processing to take place locally, where the data has been captured, before transferring anything to the Cloud.

 

SOURCE VeeaSystems

Fintech PR

Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

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

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

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https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

EQT AB Group

 

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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