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Prescribing The Future: How MangoRx Is Shaking Up Telemedicine With A Fresh Platform

Benzinga

By Anthony Termini, Benzinga Since Covid-19, telemedicine has been expanding significantly, with 44% of physicians using it at least weekly and 40% daily in the U.S. in 2023. The industry is seen by some as a new frontier for patient education and access to medicine and care. The DEA Opens The Digital Door To The Telemedicine Industry Before the pandemic, the primary way a patient would get a drug prescription was through an in-person visit with a doctor. The Drug Enforcement Agency (DEA) loosened those restrictions, allowing physicians to prescribe “controlled medications” over the phone and via video conference. That’s been good for companies in the direct-to-consumer telehealth industry. One of the players in this business is MangoRx or Mangoceuticals, Inc. (NASDAQ: MGRX), which develops a variety of men's health and wellness products and services. Working with Surescripts, which helps coordinate all the parties in the prescription process, MangoRx recently transitioned its telemedicine platform to a newly developed DEA-approved telemedicine operating system. The new system allows MangoRx’s third-party doctor network to prescribe and offer controlled substances. These include Prime Protocol by MangoRx, powered by Kyzatrex, an Oral Testosterone Replacement Therapy and other hormone replacement treatments. According to Jacob Cohen, CEO and co-founder of MangoRx, the company is dedicated to “revolutionizing patient care,” and the new system enhances patient management by “offering seamless doctor visits, prescription auto-refills, and overall health management.” MangoRx is joined in the telehealth space by companies like Hims & Hers Health (NYSE: HIMS), a San Francisco-based telehealth company; Maximus Tribe, a compound pharmaceuticals company that also offers coaching and is based in Santa Monica, California; and Nu Image Medical, a Tampa, Florida-based company that sells weight loss, hormone replacement, sexual health, and general wellness products. Cohen argues, however, that MangoRx is setting a new benchmark for excellence in telemedicine. The company believes that the steps it is taking create meaningful competitive advantages over other companies in the space. MangoRx’s Digital Leap Shortens Time To Market MangoRx, which currently offers therapy options for erectile dysfunction, hair growth and hormone replacement, intends to use the new operating system to roll out new weight loss treatment options. These include an oral dissolvable GLP-1 tablet that includes Semaglutide and Tirzepatide, the ingredients in some of the most popular prescription weight loss medicines. The company’s new operating system helps it accelerate the ability to introduce other new product lines, the first of which is the dissolvable tablet they have branded as Slim and Trim. This brand will help MangoRx capitalize on the significant demand for GLP-1 weight loss treatments for both men and women. MangoRx expects these products will be available to patients before the end of the third quarter and that this new addition will help it to substantially grow revenue moving forward. The company says its new operating system will enable it to respond quickly to market needs and marks an important milestone for MangoRx, representing a significant advancement in its capabilities. Amanda Hammer, COO of MangoRx, says that the company has a “commitment to regulatory compliance and innovation” and that the new operating system’s cutting-edge technology puts it in a position to continue “revolutionizing patient care in the telemedicine industry.” MangoRx notes that the system is fully HIPAA-compliant to ensure that all operations adhere to stringent regulatory standards. The new system includes robust security measures to protect patient data and maintain the highest levels of confidentiality. The system upgrade accompanies a redesigned website with an improved user interface to optimize the customer experience and enhance workflows. The combination creates real-time data tracking and seamless integration that enhance operational efficiency and improve patient engagement. Featured photo by LinkedIn Sales Solutions on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 05, 2024 08:50 AM Eastern Daylight Time

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$10K Up For Grabs For The Top 100 Traders In BullRush’s Upcoming Trading Event

Benzinga

By James Blacker, Benzinga Think you’ve got what it takes to take home the prize? Sign up for BullRush’s Crypto, Forex and CFD trading competition here. Gamified trading platform BullRush is offering a unique opportunity for anyone interested in learning how to trade while making money. Starting from its September 9 launch, the company is running a fantasy trading game with a total prize pool of $10,000 to be awarded to the top 100 traders in the competition. The trading competition will feature any of the following assets: Crypto, Forex and CFDs. Whether you are an experienced or beginner trader, BullRush’s launch event could be your chance to level up your skills and potentially walk away with a cash prize. Master The Art Of Trading With BullRush BullRush's trading platform offers skill-based games, which, much like chess, require participants to master various tools and strategies to outwit their opponents and win. The upcoming tournament allows traders to practice new skills, strategies and ideas in a demo account without using real money. This focus on strategy and skill makes BullRush a suitable learning ground for traders of all experience levels. Fantasy trading in a demo account has many benefits, such as the ability to test and refine your trading strategies, experiment with different styles as well as try out different asset classes. Furthermore, with simulated trading, you can forward-test your strategy in real-time live markets. Trading psychology is a major factor that can be the difference between success and failure in the markets. With no money at stake, fantasy trading lets you practice without the emotional stress and burnouts associated with trading, helping you to develop discipline before you transition your strategies to real-money trading. BullRush Is More Than Just Trading BullRush is not just a trading platform – it's an interactive community where traders can learn, compete and grow together. In addition to the games and tournaments, BullRush also offers trading courses, tutorials and trading analysis. The platform aims to foster a strong community spirit, with traders able to connect, share strategies and learn from one another. Joining The BullRush Community To commemorate its launch on September 9, Bullrush is hosting a launch event, where the best 100 traders in the competition will share a prize pool of $10,000. This fantasy trading game is not just about winning money; it's also about learning to trade effectively while having fun in a dynamic, interactive environment. As the official launch of BullRush approaches, now is the perfect time to get involved. Whether you're looking to test your skills, learn new strategies or simply enjoy the thrill of the game, BullRush offers a unique trading experience. With a $10K prize pool up for grabs, there's never been a better time to join the BullRush community and see what you're capable of. Think you’ve got what it takes to take home the prize? Sign up for BullRush’s Crypto, Forex and CFD trading competition here. Featured photo courtesy of BullRush. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 05, 2024 08:45 AM Eastern Daylight Time

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Telomir Pharmaceuticals (NASDAQ: TELO) Featured In Local ABC Exclusive Showing Positive Outcomes Of Proposed Age Reversal Pill In Dogs

Benzinga

By Meg Flippin, Benzinga Turning back the clock on aging is a never-ending quest with people, large companies and startups pouring blood, sweat, tears – and tons of money – into finding a solution. One company that seems to be getting closer to its goal is Telomir Pharmaceuticals Inc. (NASDAQ: TELO), a pre-clinical pharma company seeking to lead developments in longevity science through treating age-related conditions. Its leading drug compound, Telomir-1, was featured in an ABC television news segment highlighting promising "age reversal" outcomes in a study with two senior dogs. Lengthening DNA’s Protective Caps Telomir-1, the company's leading drug compound, is designed to regenerate telomeres – the protective DNA structures at the ends of our chromosomes, often compared to the caps on shoelaces. Research has demonstrated that repairing these telomeres may extend biological age and reverse certain age-related conditions. By targeting telomere regeneration, Telomir-1 aims to slow down the aging process and combat diseases linked to telomere shortening. Telomir Pharmaceuticals says Telomir-1 is the first novel small molecule to lengthen the DNA’s protective telomere caps to potentially reverse age-related conditions. The novel molecule, which Telomir is testing with mice and dogs with an eye toward human clinical trials, binds to critical metals that wear down telomeres. By limiting the availability of metals and interrupting the enzyme function, Telomir-1 seeks to restore cellular metal homeostasis and reverse a person's or animal’s biological age. The oral therapy potentially provides what the company says is a safe and effective alternative to existing treatments with minimal side effects. Telomir-1 Gets Props In News Segment In the segment, "ABC7 Exclusive: New study reveals promising results for age reversal pill on dogs," the potential of Telomir-1 was on display through the stories of Zeus and Benson, two senior dogs from Donte's Den rescue organization in Myakka City, Florida. After being treated with Telomir-1, both dogs exhibited improvements in their health conditions, according to Telomir. Zeus, a 12-year-old German Shepherd, showed complete remission of terminal cancer, while Benson, a 12-year-old Newfoundland suffering from severe arthritis, regained his mobility, leading to what caretakers described as a miraculous recovery, reports Telomir. "The results of this study highlight the groundbreaking potential of Telomir-1. Our priority is to advance the rigorous scientific research required to bring this promising treatment to humans and pets through the regulatory process as swiftly and safely as possible," said Erez Aminov, CEO of Telomir. "At Telomir, we are dedicated to transforming the future of longevity science, and these early findings bring us one step closer to making that vision a reality." Aminov was named CEO earlier this month after the passing of Chairman of the Board and Chief Executive Officer Christopher Chapman, Jr., M.D. Aminov was most recently CEO of MIRA Pharmaceuticals, Inc. (NASDAQ: MIRA). The positive preclinical trials have shown that Telomir-1 may have several applications in the veterinary market, which is large given that Americans are poised to spend $156 billion on their pets by the end of this year. The use of Telomir-1 in the two dogs was observed by Telomir's special advisor Dr. Michael Roizen, the former Chief Wellness Officer of the Cleveland Clinic and a leader in age-related medicine. In this small compassionate use program, remarkable improvements in the health and vitality of the dogs after treatment with Telomir-1 were noted, offering a glimpse into the potential future applications for humans, reported Telomir. "The preliminary results we're seeing with Telomir-1 are very encouraging. By lengthening telomeres, we believe Telomir-1 can promote cell regeneration and potentially reverse several aspects of aging or age-related conditions. I'm excited to continue working with Telomir to explore the full potential of this innovative therapy,” Roizen said. More Tests Underway Nobody wants to get old and that includes pets. With Americans pouring tons of money into keeping their pooches happy and healthy, they may someday have another tool: Telmoir-1. With encouraging results out of its study with two dogs and more positive results expected down the road, this may be a company worth paying attention to as the quest to reverse time continues. Featured photo by Simone Dalmeri on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 05, 2024 08:40 AM Eastern Daylight Time

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Mainz Biomed (NASDAQ: MYNZ) And Liquid Biosciences Team Up To Fight Pancreatic Cancer With Early Detection Tool

Benzinga

By Meg Flippin, Benzinga Mainz Biomed N.V. (NASDAQ: MYNZ), a molecular genetics diagnostic company specializing in the early detection of cancer, has inked a collaboration deal with Liquid Biosciences, an AI-focused bio-analytics company, to potentially add pancreatic cancer detection to its colorectal cancer screening test ColoAlert®. Liquid Biosciences leverages its EMERGE AI analysis technology platform to help biopharma companies, diagnostics industries and academic institutions identify effective drugs and therapies. Mainz Biomed is developing PancAlert, a screening test that combines genetic and potentially microbiome biomarkers to detect pancreatic cancer. Research has shown that the microbiome – the mix of bacteria in the gut – plays a big role in how tumors develop and progress. The constitution of the microbiome can potentially hurt the immune system’s ability to recognize and attack cancer and render drugs less effective. By combining DNA and microbiome biomarkers, Mainz is betting early detection of pancreatic cancer is possible. Promising Early Results In the initial phase of the collaboration, the companies evaluated biomarkers from Mainz’s research program, co-funded by the German government, by applying a single algorithm developed by Liquid Biosciences using its EMERGE platform. Mainz said the results of the feasibility analysis were promising, giving both companies confidence that PancAlert could be added to ColoAlert in the future. ColoAlert is an early detection screening that spots bleeding and non-bleeding tumors through tumor DNA analysis, offering what the company says is a better early detection than fecal occult blood tests. In the second phase of the collaboration, Mainz and Liquid Biosciences will expand the biomarker evaluation to include microbiome biomarkers Mainz evaluated in 2023 and an expansion of the algorithm. The companies are targeting to complete this analysis in the fourth quarter of 2024. “We are excited by the opportunity to collaborate with Liquid Biosciences on PancAlert, which is being developed for early-stage disease detection with the goal of being a first-in-class screening test for this deadly form of cancer,” said Guido Baechler, Chief Executive Officer of Mainz Biomed. “Liquid Biosciences is already a key partner in our Next Generation colorectal cancer screening test. Expanding our partnership will allow us to bring the power of AI to this critical problem.” Pancreatic Cancer Is Deadly And Growing Pancreatic cancer is a malignant neoplasm of the pancreas with one of the highest mortality rates of all major cancers. It is now the third-leading cause of cancer deaths, and by 2030 it is expected to grow to second place, surpassing colorectal cancer deaths. This year alone, about 66,440 Americans will be diagnosed with pancreatic cancer, a record for this deadly form of cancer. What’s more, about 51,750 Americans are expected to die from the disease this year. Among cancers, pancreatic disease is a tough one to treat. It’s a highly aggressive form of cancer that attacks the pancreas, an organ needed for digestion. With limited treatment options, the five-year survival rate is just 13%. It doesn’t help that most people are diagnosed with pancreatic cancer in a late stage when it has already spread to other parts of the body. That’s particularly true with pancreatic ductal adenocarcinoma (PDAC), which is a type of pancreatic cancer that’s created from the cells that line the ducts of the pancreas. It's one of the most lethal forms of pancreatic cancer. Given the difficulty in treating pancreatic cancer and the increasing incidents, a lot of medical research is directed toward earlier detection and better treatments. As a result, the global pancreatic cancer market is projected to reach $7.4 billion by 2032, growing at a CAGR of 13.7% over 2023-2032. Mainz’s collaboration with Liquid Biosciences is the latest in the company’s collaborations to bring its next-generation diagnostics technology to the masses. By combining biomarkers, Mainz is seeking to demonstrate a better and more effective way to spot deadly cancers that currently go undetected and untreated until it's too late. Featured photo by National Cancer Institute on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 05, 2024 08:35 AM Eastern Daylight Time

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Crossroads Summit Taps Renowned Historian And Demographer Neil Howe As Panelist For November Event

Benzinga

By Anthony Termini, Benzinga The Crossroads Summit, scheduled to take place Nov. 21-22 in Miami, Florida, is billed as a conference for savvy investors and business leaders. Summit attendees will hear from visionaries in a number of disciplines, from academia to investment research. A central theme will be the role of rapid change in propelling innovations that create opportunity. Neil Howe: Navigating The Era Of Crisis And Renewal One of the visionaries recruited to speak at the Crossroads Summit is Neil Howe, an authority on generational trends. He is an economist and demographer, as well as a historian and sociologist. Howe is a senior associate at the Center for Strategic and International Studies and the Global Aging Institute, both in Washington, D.C. He is the Managing Director of Demography at Hedgeye Risk Management and his human resources and strategic planning consulting firm, LifeCourse Associates, has served hundreds of corporate, government and nonprofit clients. The author of several books on “generational theory”, which argues that history repeats itself in 80 to 100-year cycles, Howe will share his insights on how these turning points impact America's ability to invest in its future. In his latest book, “The Fourth Turning Is Here,” Howe shows that America is currently in the last stage of one of these long cycles. He describes past turnings as “traumatic and transformative” and notes that they “dramatically reshape attitudes, behaviors, and the future of society.” Howe will lead a fireside chat at the Crossroads Summit, sponsored by TradeStation Group, that will delve into what the current stage of these cyclical patterns implies for America’s present and future. Howe Among Many Experts To Speak At The Crossroads Summit More than a dozen speakers, all experts in their respective fields, will address attendees at the Crossroads Summit. Each will focus on how turmoil like what Howe identifies will inspire the innovative solutions that could drive future investment opportunities. The conference is intended to help investors learn how to adjust their investing strategies to focus on future themes such as the end of near-zero interest rates, immigration policy, changes in the domestic workforce and new investable products. Fireside chats and panel discussions are intended to offer attendees investable insights by uncovering the hidden trends and critical developments that are driving world markets and economies. TradeStation Group is the title sponsor of the Crossroads Summit. Ticket packages are available at the Crossroads Summit website. TradeStation Group’s Sponsorship In The Crossroads Summit The Crossroads Summit was created to help business leaders and investors cut through the current clutter of information. Today's leaders are often inundated with so much data that making future projections is more difficult than just a few years ago. Today’s world is facing unprecedented challenges and disruption with advancements in artificial intelligence, political and economic uncertainty, an increase in armed conflict and rapid changes in technologies like cryptocurrency and fintech innovations. The Crossroads Summit is intended to be a catalyst for uncovering investment opportunities. As such, it was a natural fit that a global financial services company like TradeStation Group should present the conference. TradeStation Group aims to offer investors comprehensive market access and high-quality trade execution. The platform provides trading capabilities in stocks, options, mutual funds, and ETFs. TradeStation Group’s sponsorship of the Summit appropriately dovetails its capabilities with the needs of attendees. See how the fourth turning might shape future investments by attending the 2024 Crossroads Summit. Featured photo by Holgi on Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 05, 2024 08:30 AM Eastern Daylight Time

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Major Indexes Crashed On Recession Fears Weeks Before Gold Hit Another All-Time High: How You Can Protect Your Wealth With The Precious Metal

Benzinga

By Austin DeNoce, Benzinga So far in 2024, the financial markets have experienced a healthy dose of turbulence, leaving many investors questioning where to safely allocate their capital. On August 5, the CBOE Volatility Index (VIX), often referred to as Wall Street's “fear gauge,” saw its largest single-day surge in history, largely due to a massive leverage unwind of the yen carry trade and escalating investor fears over a potential U.S. recession. The VIX spiked to a high of 65.73, a level not seen since the market turmoil of March 2020. Understandably, this surge shook investor confidence, particularly as it coincided with continued softening in the labor market and sharp declines in major indices like the Dow, S&P 500 and Nasdaq. As economic uncertainty continues to loom, many are reassessing their portfolios and seeking assets that can provide security. In this context, gold has emerged as a potentially compelling choice, offering some refuge from the volatility that has rattled traditional equity markets. The Benefits Of Holding Gold Gold has historically been regarded as a “safe-haven” asset, and its appeal has only grown in the face of 2024’s market volatility. Unlike stocks and bonds, gold is not directly tied to the performance of a specific company or government, making it less vulnerable to economic downturns. In 2024, the stability of gold has proven itself in spades when compared to the performance of popular exchange-traded funds (ETFs) like the SPDR S&P 500 ETF (SPY), Invesco QQQ Trust (QQQ) and iShares Russell 2000 ETF (IWM). For example, during a particularly volatile period between July and August 2024, the SPY fell 10% while QQQ saw an even more dramatic 16% drop. In contrast, gold's steepest decline in 2024 was a relatively modest 6.4% between May and June. This resilience highlights gold’s ability to preserve value even when traditional markets are in turmoil. As a result, gold may serve as an effective portfolio diversifier, helping to reduce overall portfolio volatility and help protect against significant losses during market drawdowns. Gold Pushing To Record Highs Gold’s performance in 2024 has been nothing short of exceptional. On August 21, gold prices reached a fresh record high, closing above $2,500 per ounce. This surge has been driven by multiple factors, including ongoing concerns about inflation, deficit spending and a weakening U.S. dollar. Additionally, the anticipation of the Federal Reserve’s long-awaited cutting cycle – signaled by Chairman Jerome Powell’s dovish Jackson Hole remarks – has also helped fuel the rally in gold prices. Lower real interest rates typically boost the price of gold as it becomes more attractive relative to interest-bearing assets. Meanwhile, central banks have also played a significant role in driving demand for gold, with purchases surpassing typical levels due to global economic uncertainties. Geopolitical tensions, particularly conflicts in Ukraine and Gaza, have only added to the allure of gold as a store of value, making it an essential component of a diversified investment portfolio in 2024. Preserve Gold For those considering an investment in gold, selecting a reputable dealer is the first and arguably most important step. Preserve Gold is a North American precious metals firm that offers personalized guidance backed by industry experience with the goal of making precious metals accessible to a wider audience. Preserve Gold emphasizes transparency and reports receiving lots of positive feedback from clients. The company provides services such as secure shipping, buyback options and price assurance to help investors maximize the value of their investments. Preserve Gold offers various options for purchasing gold and silver, including the ability to open a Precious Metals IRA and to deliver directly to your home. The company’s executive team has over 30 years of combined experience in the precious metals industry, with a team of Precious Metals Specialists dedicated to assisting clients. Help Protect Your Wealth With Gold In the face of market volatility and economic uncertainty, gold continues to prove its worth as a historically stable and valuable asset. With prices pushing to new all-time highs and the potential for further gains well into 2025, gold potentially remains a strong bet for investors seeking to help protect their wealth. Get your hands on Gold through an IRA with the help of Preserve Gold! Featured photo by Zlaťáky.cz on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 05, 2024 08:20 AM Eastern Daylight Time

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Official reports on multiple UFO sightings suggest a new chapter in history

500NewsWire

Brasília, Brazil, September 5, 2024 -- Throughout history, inexplicable phenomena have exerted a hypnotic fascination, generating mixed feelings of attraction and fear. When these phenomena occur in the sky, particularly at night, the imagination is sparked with the possibility that they may be related to extraterrestrial life, leading to a rich chronology of debates and research. The public perception of unidentified flying objects ( UFOs ) changed forever after 1947. On June 24, while piloting his plane, Kenneth Arnold observed nine bright objects moving rapidly across the sky over Mount Rainier in Washington. From then on, countless UFO reports emerged worldwide, from the Roswell incident (August 1947), in which an extraterrestrial spacecraft supposedly crashed near Roswell, New Mexico, to the Phoenix Lights (March 1997), which generated a global obsession. The Brazilian Air Force ( FAB ) report on UFO sightings is published periodically, but it does not follow a fixed annual schedule. The FAB began documenting and officially releasing reports on unidentified aerial phenomena in 1954. The records were kept confidential for many years, but since the 2010s, some of these documents have been made available to the public through the National Archives, in accordance with the Access to Information Law. Although the FAB does not have a regular schedule for releasing this material, new documents are typically released in batches, covering varying periods depending on the testimonies received and analyzed. Each new batch may bring to light information about sightings in different years, with the most recent documents often being the most eagerly awaited by researchers and the interested public. The most recent report revealed that, just in 2023, pilots reported seeing 80 unidentified flying objects (UFOs) in Brazilian airspace. Whenever this compilation is released, it reignites the debate about the existence of extraterrestrial life and the possibility of contact with beings from other planets. While the news often causes surprise and unease among the general population, researchers from the Dakila Pesquisas Association have been cataloging similar evidence for over 20 years. They have long demonstrated that the sightings are a concrete manifestation of phenomena that defy conventional explanations and indicate the need for traditional science to adopt a more comprehensive approach to investigating the subject. The sightings reported by pilots involve objects of various shapes and behaviors, from lights moving at high speeds to metallic structures that challenge known laws of physics. In some cases, pilots described objects that followed their aircraft for long periods, performing maneuvers impossible for any known human technology. The reports were recorded by commercial and military pilots, many of whom have decades of experience in the air. The FAB, which maintains a rigorous protocol for investigating such occurrences, has compiled and analyzed the reports in search of patterns. The report, although technical, admits that the descriptions provided by the pilots do not match any known aircraft or meteorological phenomenon. Dakila Pesquisas, which has cutting-edge laboratories in Brazil and abroad, recognizes that the sightings are just the tip of the iceberg. According to the association, the actual number of sightings is much higher, but many cases are not reported due to fear of discredit or the stigma associated with the subject. The FAB report data reinforces the importance of independent research, and what is at stake here is more than mere curiosity. We are facing phenomena that could alter our understanding of the universe and humanity's place in it. Urandir Fernandes de Oliveira, researcher, scientist, historian and president of the Dakila Pesquisas Institute, talks about the subject: “In the United States, the issue of UFOs gained prominence after the government released reports confirming the existence of unexplained aerial phenomena, drawing the attention of politicians and military personnel. In Brazil, however, the topic is still treated with some reservation, although the increasing number of sightings makes a more open and transparent debate inevitable”. Urandir and the Dakila researchers argue that a partnership between government institutions and independent research centers is necessary to investigate these phenomena with the seriousness they deserve. "We are not talking about mere conspiracy theories. There is data and concrete evidence that needs to be studied," Urandir stresses. With the growing public interest and pressure for answers, Brazil may be on the brink of a new era in UFO investigation. The Dakila Pesquisas Association plans to expand its efforts by investing in cutting-edge technologies and collaborating with scientists from various disciplines to better understand the phenomena that challenge traditional logic. For many, the FAB report is a sign that there is much more to be discovered. "We are only scratching the surface," concludes Oliveira. "What is out there, in the sky, is an invitation to expand our boundaries of knowledge." Whether UFO sightings represent the beginning of a new phase in human history remains to be seen. What is certain, however, is that the search for answers is far from over. Source: Instituto Dakila Pesquisas Contact Details Instituto Dakila Pesquisas Luciana Faria luciana@msgimprensa.com.br

September 05, 2024 06:31 AM Eastern Daylight Time

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News Release

Proven Leadership Team With A History Of Unlocking Shareholder Value Could Drive Railtown AI Higher

Railtown AI

Back in July, CrowdStrike released a configuration update for their Falcon sensor, which inadvertently caused a system crash on Windows systems across the world. This issue was triggered by a logic error in the update that affected systems running Falcon Sensor for Windows, which resulted in downloading the faulty configuration during a specific timeframe. The fallout was immediate and widespread, impacting banks, airlines, and various other critical sectors globally. Systems crashed, operations halted, and organizations were left scrambling to restore functionality. This disruption also opened the door for cybercriminals to exploit the situation, as they began distributing phishing emails and malicious files masquerading as solutions to the issue. In what’s been described as the largest IT outage in history that cost Fortune 500 companies alone more than $5 billion in direct losses, according to one insurer’s analysis of the incident, one under-the-radar company seems well positioned to prevent the possibility of such events in the future, thus attracting significant investor interest. Railtown AI Technologies (CSE:RAIL) (OTCQB:RLAIF) is a promising player in the AI sector, offering innovative solutions that streamline software development. As a Microsoft Partner, Railtown AI has developed a cloud-based Application General Intelligence (AGI) platform designed to support software developers and Agile teams. The company’s main objective is to leverage artificial intelligence to catch errors before they reach production, and here’s how it could have mitigated the issues faced by CrowdStrike: Automated Code Analysis: Railtown AI employs advanced machine learning algorithms to perform continuous and automated analysis of code. This enables the company to detect anomalies and potential errors that might be missed during manual reviews through alerts. Predictive Insights: The AI-driven platform not only identifies existing errors but also predicts areas of code that are more likely to contain future issues. This predictive capability helps developers focus their attention where it’s needed most. Integration with Development Tools: Railtown AI seamlessly integrates with popular development environments and CI/CD pipelines, ensuring that error detection is an integral part of the development process, not an afterthought. Enhanced Security: By identifying and addressing vulnerabilities early, Railtown AI enhances the security posture of software, reducing the risk of exploitation and ensuring user trust and safety. In addition to that, Railtown also helps assist developers to save time on repetitive tasks, improve productivity, reduce costs, and accelerate developer velocity. This platform is readily accessible via Microsoft's Azure Marketplace, making it easily available to a broad range of businesses. Although there’s been a lot of hype surrounding how AI companies could disrupt the future of coding and programming, investors need to be aware that not all AI companies will turn out to be the next unicorn. Picking out a winner in the sector is particularly challenging due to the rapid pace of advancement as well as the increasing complexity of the capabilities of these systems, making it hard for non-tech people to comprehend. However, one strategy that has worked for savvy investors across different sectors of the market has been looking at the founders or leadership track record in creating shareholder value. A closer look at Railtown reveals that it has a proven leadership team with a history of driving growth for shareholders, which should bode well for the company’s stock. For starters, Railtown co-founder and CTO Marwan Haddad has over 25 years of software development experience in addition to 10 years of experience leading and building high-performance engineering and product development teams. He was the Chief Technology Officer and Vice President of Engineering for RESAAS, a global award-winning proptech cloud platform. He has also led the development efforts/teams and launched several platforms for Fortune 500 companies, including Microsoft and Starbucks. CEO Cory Brandolini has over 30 years of experience as a founder, partner, angel investor, financier, and advisor to disruptive, high-growth software companies within the technology industry. His wealth of capital markets experience includes helping raise well over $150 million for private and public technology companies. Cory Brandolini has over 30 years of experience as a founder, partner, angel investor, financier, and advisor to disruptive, high-growth software companies within the technology industry. His wealth of Capital Markets experience includes helping raise well over $150 million for private and public technology companies. Co-founder Dr. Elliot Holtham has a wide range of experience in natural sciences, engineering, and technology. While he has a passion for developing innovative technology, his strong work ethic and competitive drive have also enabled him to advise and lead groups to success. Previously, he was co-founder, CEO, and COO of Xtract AI, a machine learning company that was later acquired by Patriot One Technologies (TSX:XTRA) for about $6 million. Last but not least is Kevin O'Neil, who has over 35 years of experience in technology investing, advisory, and leadership. He was formerly the CEO of Xtract AI and also an investment banker at Merrill Lynch. More importantly, Railtown AI's proprietary platform is entirely owned and developed in-house, ensuring that the company has complete control over its technology. The platform offers dual deployment options, catering to organizations with different needs by offering both cloud-based and on-premise solutions. This flexibility, combined with the platform's ability to process data quickly and learn over time, allows businesses to make real-time decisions and continuously improve their software development processes. Additionally, Railtown AI's focus on compliance with industry standards such as SOC 2, GDPR, and ISO 27001 is a significant advantage, as these compliance achievements build customer trust by ensuring that the platform handles data responsibly and securely. Railtown AI has achieved several milestones, reaffirming that its business model has been validated by the market. These include the company’s recently announced debt-free status and strengthening of its capital base through private placements. Clearly, those achievements, combined with strategic partnerships with leading institutions like the Mila Quebec AI Institute and Amii Alberta Machine Learning Institute, set the stage for future growth. Going forward, we believe that Railtown AI is poised to capitalize on its strong leadership team to unlock shareholder value as the company positions itself to rapidly scale user acquisition and commercialize new features on the platform. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Awareness Consulting to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 mark@razorpitch.com Company Website http://razorpitch.com

September 05, 2024 06:00 AM Eastern Daylight Time

News Release

How Iveda Solutions (NASDAQ: IVDA) is Redefining Industry Norms with Advanced AI Applications

IVDA

The artificial intelligence (AI) sector is experiencing unprecedented growth, driven by advancements that are transforming various industries. The global AI market is projected to reach $826 billion by 2030, propelled by a compound annual growth rate of 28.46% from 2024 to 2030. This rapid expansion reflects a broader technological shift, with companies increasingly integrating AI to enhance performance and uncover new opportunities. Amid this dynamic landscape, Iveda Solutions, Inc. (NASDAQ: IVDA) is making notable strides. Iveda Solutions is carving a prominent niche in the realm of cloud-based AI and video surveillance technologies. The company's innovative approach integrates smart devices with AI to offer transformative solutions across public safety, environmental preservation, elderly care, and energy efficiency. Let’s take a closer look at the company. Recent Developments and Innovations One of Iveda Solutions, Inc.'s latest advancements is the vumastAR AI software, a cutting-edge tool designed to detect oil spills. This new initiative targets major oil companies in Australia and the US, addressing a critical need in the oil and gas industry. VumastAR, pronounced "view master," is an AI vision software that interfaces with a variety of smart devices, such as IP cameras and AR glasses, to provide real-time insights and automated alerts. This system is poised to revolutionize the $175.79 billion oil spill management market by reducing the labor-intensive and costly process of manual spill detection. David Ly, CEO and Founder of IVDA, highlighted the significance of this technology: “We’ve seen a significant increase in interest from the oil and gas industry for AI solutions that can enhance safety and environmental protections. Our focus remains on delivering cutting-edge technology that aligns with ESG principles, ensuring that our solutions not only meet industry needs but also contribute to broader sustainability goals.” In addition to vumastAR, the company has filed a patent for its LevelNOW IoT sensor, a sophisticated liquid storage management solution. LevelNOW provides real-time monitoring of liquid storage, addressing issues like leaks, evaporation, and theft. This innovative sensor has already proven its worth in optimizing operations for major oil companies in Australia. “This innovation comes from being in the field with our customers and truly listening to their needs and desires,” said Ly. “By enhancing our LevelNOW solution through this new patent, Iveda is underscoring its commitment to industry-specific innovation that simplifies everyday workflows.” Iveda’s dedication to industry-specific solutions is further exemplified by its integration of IvedaCare and IvedaAI at Waymark Gardens, a senior living facility in Glendale, AZ. This integration marks a significant step in enhancing remote patient monitoring. IvedaCare utilizes camera-less sensors for private monitoring, while IvedaAI provides real-time video analysis in public areas. This combination supports IVDA’s subcontract under a substantial $1.032 billion Veterans Affairs contract, demonstrating the company’s capability to deliver tailored AI solutions in healthcare. Ly commented on this development: “Facilities using IvedaCare for remote patient monitoring are now discovering the enhanced capabilities of IvedaAI. Waymark Gardens’ adoption of IvedaAI is a showcase and testament to the growing value of these solutions.” Financial Performance and Market Outlook Iveda Solutions, Inc.'s financial performance in the second quarter of 2024 shows a decline in revenue by 36% year-over-year, amounting to $1.53 million. However, the company managed to beat earnings per share (EPS) expectations, with a loss of $0.03 per share, which was an improvement from $0.048 per share in the same quarter last year. Looking ahead, Iveda Solutions (NASDAQ: IVDA) forecasts a robust average annual revenue growth of 122% over the next two years, significantly surpassing the 12% growth anticipated for the broader software industry. Strategic Position and Future Prospects IVDA’s strategic initiatives, including its advancements in AI applications for diverse industries, position it as a company with considerable growth potential. Its recent launch of the IvedaAI Forensics Desk, which provides law enforcement in the Philippines with advanced video intelligence tools, further highlights the company's expansive reach and innovative spirit. As Timmy Evangelista, Chief Technology Officer of Iveda Solutions, Inc. (NASDAQ: IVDA) Philippines, noted, “The IvedaAI Forensics Desk is uniquely valuable for law enforcement and security officials operating in high-traffic, tourist locations.” In summary, Iveda Solutions, Inc. (NASDAQ: IVDA) continues to make significant strides in cloud-based AI and video surveillance, with promising innovations and strategic expansions across various sectors. As the company pushes the boundaries of technology and addresses critical industry needs, it could be a key player in the evolving landscape of digital transformation. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Cambridge Consulting to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 Mark@razorpitch.com

September 05, 2024 06:00 AM Eastern Daylight Time

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