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Nextech3D.ai Divests Map Dynamics to Focus on Core 3D Modeling Business

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to reveal the company's latest strategic maneuver: the divestment of its legacy business, Map Dynamics (MapD), through a shares-for-acquisition deal with ARway.ai. MapD, a renowned real-world mapping software firm, boasts an impressive client base of over 400 clients, generating $1.2 million in annual revenue and $250,000 in EBITDA over the past 12 months ending in March 2024. Gappelberg outlined that Nextech3D.ai's primary focus lies in the creation of 3D models for the e-commerce sector, leveraging generative AI technology. By shedding Map Dynamics, Nextech3D.ai solidifies its position as a dedicated AI-driven 3D modeling firm, a strategic direction Gappelberg has been steering towards for five years. This transition marks a pivotal moment for the company, enabling it to streamline its operations and concentrate on its core business, which caters to esteemed clients such as Amazon, Kohl's, Procter & Gamble, and Bunnings. In terms of financial performance, Nextech3D.ai has witnessed significant improvements, with profit margins projected to soar from 30% in 2023 to an anticipated 80% in Q2. The divestiture of Map Dynamics is poised to further enhance Nextech3D.ai’s profitability and bolster its growth prospects. Moreover, Gappelberg teased forthcoming announcements slated for June 2024, including Nextech3D.ai's designation as a preferred 3D model supplier for Amazon. This development is expected to substantially elevate the company's business trajectory and is eagerly awaited by investors. Gappelberg expressed confidence in Nextech3D.ai's continued success as it capitalizes on emerging opportunities in the burgeoning field of AI-driven 3D modeling. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

May 21, 2024 11:52 AM Eastern Daylight Time

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ARway.ai Announces Acquisition of Map Dynamics to Accelerate Growth and Expand Offerings

ARway.ai

ARway.ai Chief Executive Officer Evan Gappelberg joined Steve Darling from Proactive to unveil the company's latest strategic move: the acquisition of Map Dynamics (MapD) in a shares-for-acquisition deal. MapD, a prominent real-world mapping software company, boasts a robust client base of over 400 clients, generating $1.2 million in annual revenue and $250,000 in EBITDA over the past 12 months ending in March 2024. Gappelberg explained that Map Dynamics, as a subsidiary of Nextech3D.ai, brings invaluable expertise in event technology to the table. By integrating Map Dynamics' established platform with ARway's cutting-edge augmented reality (AR) navigation capabilities, the acquisition promises to accelerate ARway's product development roadmap and unlock new revenue channels and growth opportunities. The strategic synergy between ARway and Map Dynamics positions the combined entity to offer enhanced mapping solutions that cater to a diverse range of industries and use cases. Leveraging Map Dynamics' proficiency in creating detailed venue maps and floor plans, ARway aims to bolster its platform's capabilities and broaden its market reach. Gappelberg expressed enthusiasm about the merger's potential to redefine the landscape of interactive mapping technology. By seamlessly integrating ARway's AR navigation features with Map Dynamics' mapping solutions, the company aims to deliver innovative and comprehensive mapping experiences that cater to the evolving needs of businesses and consumers alike. With the acquisition of Map Dynamics, ARway.ai is poised to strengthen its position as a leader in the mapping software industry and pave the way for further innovation and growth in the augmented reality space. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

May 21, 2024 11:50 AM Eastern Daylight Time

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ToolsGroup Exhibiting and Franke Speaking at Gartner® Supply Chain Symposium/XPO™, June 10-12, in Barcelona

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is thrilled to announce its participation at the upcoming Gartner Supply Chain Symposium/Xpo 2024 in Barcelona, Spain, June 10-12. The event will feature a presentation by one of ToolsGroup’s valued customers, Franke, an industry leader in home solutions, food service systems and coffee equipment, scheduled for June 11. During this session, Franke will provide insights from their digital supply chain transformation journey, showcasing how they optimized the performance of their complex manufacturing and distribution ecosystem using ToolsGroup's AI-powered S&OP solution, driven by its flagship tool, Service Optimizer 99+ (SO99+). Franke wanted to enhance demand planning efficiency through a synchronized and integrated process, reduce manual workload to focus on value-added activities, and improve collaboration. From advanced forecasting and robust S&OP processes, Franke implemented ToolsGroup's AI-powered solution to support end-to-end planning, increase efficiency and enhance visibility. "ToolsGroup's advanced tools are instrumental in supporting our S&OP process, providing integrated synchronization and full cross-functional transparency. This enables us to improve demand and supply planning, enhance collaboration, and achieve end-to-end data visibility, empowering us to run multi-scenario planning with confidence," said Alberto Nisoli, Global Head of Supply Chain Platform at Franke. "Franke exemplifies all the keys to success for a digital supply chain transformation project,” remarked ToolsGroup CMO and EVP of Growth, Kevin Young. “They set clear objectives for the initiative and began their journey by implementing SO99+ to optimize supply chain performance and deliver immediate value. The value was extended by digitalizing their S&OP processes to achieve cross functional transparency and synchronization of demand and supply across the organization. We are proud to partner with Franke and to play a part in the tremendous results they are planning to achieve.” ToolsGroup was recently recognized in the Gartner® Magic Quadrant™ for Supply Chain Planning Solutions. We believe this recognition underscores our commitment to delivering cutting-edge solutions that empower businesses to optimize their supply chains effectively. A complimentary copy of the Gartner report is available here. Interested in learning more about ToolsGroup’s solutions? Schedule a meeting here and stop by kiosk #400. About Gartner Supply Chain Symposium/Xpo™ Gartner Supply Chain Symposium/Xpo conference delivers must-have insights, strategies and frameworks for chief supply chain officers (CSCOs) and supply chain leaders to think big and drive real impact within their organizations. Dive into supply chain strategy and tech at the Gartner Supply Chain Symposium/Xpo™ 2024 conference in Barcelona, Spain. For more information visit: https://www.gartner.com/en/conferences/emea/supply-chain-spain Gartner Disclaimer: GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant, Gartner Supply Chain Symposium/Xpo and Peer Insights are a registered trademark, of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. 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 Franke Franke Group is a leading global supplier of products and services for residential kitchens, the foodservice and convenience store segments, as well as the professional coffee making industry. With more than 60 companies, it is represented on five continents. Its over 8,000 employees are constantly striving to develop innovative, adaptable solutions to meet business partners’ and consumers’ current and future needs. The products and services of the three divisions enable partners to keep pace with developments in a rapidly changing world. Franke combines cutting-edge technology, functional aesthetics and integrated services to deliver efficient, smart and sustainable solutions. It creates kitchen worlds and coffee making systems that fit flexibly into the living spaces of today and tomorrow. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

May 21, 2024 10:45 AM Eastern Daylight Time

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HOME "SMART" HOME

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

May 20, 2024 07:00 AM Eastern Daylight Time

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HANetf research head Tom Bailey on AI's impact on commodities

HANetf Holdings Limited

Tom Bailey, head of research at HANetf, discussed the impact of AI on the commodities market. He noted that since 2023, AI has significantly influenced market investment, especially through big tech companies like Microsoft. Bailey highlighted that AI's increasing energy demand, especially for AI data centres, necessitates a shift towards more robust power generation methods, including nuclear energy. He pointed out that nuclear energy is seen as a sustainable solution due to its low carbon emissions. Bailey discussed the growing demand for commodities such as uranium and copper. He explained that AI data centres and the broader energy transition, including electric vehicles and renewable energy, drive this demand. HANetf has developed ETFs focused on uranium and copper miners, through which investors can leverage these trends. Th broader Uranium Miners ETF, launched two years ago, includes major and minor players, while a more recent Junior Uranium Miners ETF focuses on smaller companies. Additionally, the Copper Miners ESG ETF, which emphasises pure-play copper mining and includes an ESG screening element, has performed well. Bailey concluded by noting the strong performance of these ETFs, with the Copper Miners ESG ETF up 35% year-to-date and the broad Uranium Miners ETF up 15%. He expressed optimism about the ongoing commodity supercycle driven by various factors, including the energy transition and industrial policy shifts. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 20, 2024 03:00 AM Eastern Daylight Time

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Mediazest's Geoff Robertson on audio-visual solutions for big brands and market expansion

Mediazest PLC

Mediazest PLC CEO Geoff Robertson gives Proactive's Stephen Gunnion an overview of the company's operations and recent developments. Mediazest, an audiovisual solutions provider, operates in markets such as retail, automotive showrooms, and workspace offices. The company, established nearly 20 years ago, counts well-known brands like Pets at Home, Hyundai, and Jaguar Land Rover among its clients. Mediazest focuses on a holistic, consultative approach, ensuring high-quality delivery and ongoing support. Robertson highlighted the company's European expansion with a Dutch subsidiary established in late 2022, which has enabled better service for EU clients. Following a challenging 2023, Mediazest has seen improvements in 2024, with a positive trading update indicating a strong first half and a promising second half of the year. Robertson mentioned the potential for both organic growth and acquisitions to expand their market presence, noting the ripe conditions for consolidations within the industry. Looking ahead, Mediazest aims to capitalise on opportunities in digital signage, electric vehicle showrooms, and hybrid meeting technologies. Robertson expressed optimism about the company's ability to leverage these trends and deliver value to its clients. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 17, 2024 02:44 PM Eastern Daylight Time

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ARway.ai Announces Strategic Partnerships with Ershad Technologies and Walkk

ARway.ai

ARway.ai Chief Product Officer Shadnam Khan joined Steve Darling from Proactive to announce two new strategic partnerships with Ershad Technologies and Walkk. Ershad Technologies, based in Saudi Arabia, is a technology agency specializing in advanced augmented reality (AR) technologies. They focus on delivering immersive AR experiences on mobile platforms, providing comprehensive implementation services aimed at improving visitor experiences and enhancing marketing solutions through the strategic use of AR technology. Walkk, a 3D and AR-focused technology startup based in Oman, has joined ARway as a developer. Walkk is set to develop and deploy an indoor navigation app for the Comex 2024 Global Technology Show, taking place from May 27-30 in Oman. The partnership aims to showcase the capabilities of Walkk and ARway to secure new projects in the Oman market. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

May 17, 2024 11:48 AM Eastern Daylight Time

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Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024

TRON DAO

Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024, emphasizing its competitive positioning and expansive growth within the blockchain sector. Token Terminal Analysis Token Terminal’s comprehensive report offers crucial insights into key data points and metrics of the TRON networks, setting it apart from comparable blockchain networks: Daily Transaction Fees: TRON leads with $4.4 million in daily transaction fees, significantly higher than its peers, highlighting the network’s robust activity and utility. Daily Active Users: Averaging 1.6 million daily active users across Q1, TRON is a leading blockchain for user activity, demonstrating a vibrant and engaged user base that supports continuous network growth. Transaction Volume and Efficiency: TRON’s high transaction volume and operational efficiency underscore its strong infrastructure, which is optimized to handle extensive activity without compromising speed or cost. Messari’s Comprehensive Insights Messari’s report showcases key areas of TRON’s growth and strategic advancements: Revenue and Market Expansion: With a 15% increase in market cap and record Q1 revenue of $128.1 million, TRON has solidified its place among the top revenue-generating blockchain networks. DeFi and Stablecoin Sector Growth: TRON’s DeFi sector saw a 25% increase in TVL, while its stablecoin market cap, dominated by USDT, grew by 8%, further anchoring its pivotal role in the global stablecoin market. Layer-2 Development for Bitcoin: The TRON DAO’s introduction of a Layer-2 solution for Bitcoin marks a pivotal development, aiming to integrate the TRON network, BitTorrent Chain, and Bitcoin networks to boost scalability and functionality. Further Insights Both reports highlight TRON’s resilience and strategic adaptability. Messari notes the network’s deflationary token model as a key factor in its economic stability. Token Terminal’s analysis of TRON’s transactional efficiency and user engagement sheds light on its capacity for sustaining growth and increasing adoption. For a more granular look at TRON’s performance metrics and strategic initiatives, the full reports can be accessed through Token Terminal and Messari’s platforms. Keep up with TRON DAO for the latest updates and developments as we continue to push the boundaries of decentralization and blockchain innovation worldwide. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of May 2024, it has over 230.22 million total user accounts on the blockchain, more than 7.64 billion total transactions, and over $22.12 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

May 17, 2024 08:00 AM Eastern Daylight Time

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Newmark Security wraps up strong year as positive momentum continues

Newmark Security PLC

Newmark Security PLC CEO Marie-Claire Dwek takes Proactive's Stephen Gunnion through the company's trading update for the year to 30 April 2024 following a strong second-half performance. The UK-based firm, specialising in electronic software and security systems, has observed a positive revenue trajectory, reaching over £22 million. This increase was complemented by significant improvements in EBIT, EBITDA, and cash flow figures, with year-end cash rising to £1.1 million from £600,000 in the previous year. Growth was recorded across both divisions—People and Data Management and Physical Security—with Human Capital Management (HCM) posting a 28% increase in recurring revenues to £2.9 million for the year. Dwek highlighted the company's expansion in the US market, including setting up a US headquarters and internalising logistics operations, which has enhanced service responsiveness and operational efficiency. Looking ahead, Dwek remains optimistic about the new financial year, pointing to a strong sales pipeline with potential in both hardware and software, indicating a continued upward trend in growth and expansion for Newmark Security. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 17, 2024 03:00 AM Eastern Daylight Time

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