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PainChek leads innovation in AI-based pain assessment

PainChek Ltd

PainChek Ltd (ASX:PCK), a medical device company, is pioneering the use of an app, leveraging artificial intelligence (AI) for pain assessment in vulnerable individuals unable to communicate their pain due to conditions such as dementia, cognitive impairments, or in pre-verbal children. In and interview with Proactive's Stephen Gunnion CEO and managing director Philip Daffas highlighted that PainChek's app is the world's first regulatory-cleared medical device for this purpose. It utilises AI for facial analysis to detect nine micro facial features indicative of pain, assisting carers in aged care and hospitals to document and score the severity of pain. PainChek has achieved a first mover advantage with patents in the US, Europe, Japan, and the UK, protecting its technology until 2038. The company has regulatory clearance in Australia, New Zealand, Canada, the UK, the EU, Singapore, and Malaysia, with ongoing clinical studies in the US aimed at FDA clearance. PainChek reported its fifth consecutive quarter of double-digit growth in the December quarter, with 85,000 licences across 1,400 aged care facilities on three continents. With an annual recurring revenue of around $4 million, the company sees a significant growth opportunity in aged care, home care, and the hospital sector. Key milestones for investors include expansion in regulatory-cleared markets, entry into the US market upon FDA clearance, and the launch of an infant app for pain assessment in the home. Contact Details Proactive Australia Pty Ltd Proactive Australia Pty Ltd +61 431 597 771 writers.australia@proactiveinvestors.com

March 21, 2024 12:07 PM Eastern Daylight Time

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Trust Stamp unveils white paper on Stable IT2 for enhanced biometric security without data storage

T Stamp Inc

Trust Stamp Inc, through its Chief Commercial Officer Kenny Chan discusses the company's innovative Stable IT 2 technology, designed for enhancing online digital experiences, particularly in fast identity online applications. The technology distinguishes itself by enabling biometric authentication without the need to store any biometric data, thereby enhancing user privacy and security. Unlike traditional systems that require storing a facial template or picture, Stable IT 2 performs authentication while preserving user anonymity. The white paper co-authored by Chan aims to inform the public about the limitations of current biometric systems, which typically rely on device-based authentication or the storage of biometric templates. It highlights the vulnerability of current systems to fraud, such as SIM swap attacks and the interception of one-time passcodes, proposing Stable IT 2 as a more secure alternative. This new technology supports authentication through a combination of a device and a biometric input, without the need to store biometric data. For users, the benefits of integrating Stable IT 2 include enhanced account security through multi-factor authentication, the elimination of the need to store biometric data, surpassing the security offered by passkeys, and portability of authentication across devices. The technology is also a step towards creating digital identity tokens, enabling secure digital wallets that contain personal and financial information protected by multiple layers of authentication. Moving forward, Trust Stamp is seeking partnerships with merchants, financial institutions, and identity wallet partners to implement the Stable IT 2 technology in securing digital assets. Chan's discussion underscores the company's commitment to advancing privacy and security in the digital domain. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

March 21, 2024 12:01 PM Eastern Daylight Time

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Benevolent AI CEO discusses 2023 highlights and 2024 outlook as it pioneers AI in drug discovery

BenevolentAI

BenevolentAI (OTC:BAIVF) CEO Dr Joerg Moeller outlines the company's operational and corporate milestones for 2023, categorising achievements into five key areas: clinic operations, proprietary pipeline progress, platform enhancement, organisational growth, and financial management. Moeller noted that BAI secured a significant deal with Merck KGaA worth up to $594 million for developing three clinical drug candidates in immunology and oncology. Collaborations with AstraZeneca have also advanced, focusing on target selection for diseases such as systemic lupus. Progress was noted in Benevolent AI's proprietary pipeline, especially with a lead asset in ulcerative colitis expected to deliver Phase 1a study data. Additionally, advancements in glioblastoma treatment and ALS research were highlighted. Organisational developments included key executive appointments and an extended financial runway until mid-next year. Moeller underscored the validation of the BAI platform through collaborations with the major pharmaceutical companies, positioning the company as a leader in AI-augmented drug discovery. The imminent release of data for a leading program in ulcerative colitis aims to introduce a new treatment with fewer side effects. For 2024, the company plans to extend its financial runway, forge additional collaborations, and partner on pipeline assets, with expectations for another year of significant achievements. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

March 21, 2024 11:50 AM Eastern Daylight Time

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Coinsilium CEO Eddy Travia discusses Byzant and the future of Web3 social media

Coinsilium Group Ltd

Coinsilium Group Limited (AQSE:COIN, OTCQB:CINGF) Eddy Travia provides an update on Byzance, a Web3 social network ecosystem project, in an interview with Proactive's Stephen Gunnion. Travia explained that Web3 represents the next stage of the internet, aiming to decentralise social media, offering users control over their content and private data, differing from the centralised nature of current Web2 platforms. Byzant focuses on enhancing user control and monetisation methods for content creators. Travia said Coinsilium is collaboratively actively with portfolio company Indorse, a blockchain technology studio, and A-ADS, a pioneering crypto advertising network, to address the challenges of Web2 and transition to Web3. The project includes Adbazaar, a platform concentrating on smart contract-powered advertising, enabling more user benefits. Adbazaar aims to facilitate on-chain targeting, an innovative approach in advertising that utilises publicly visible wallet assets to tailor advertisements. This collaboration extends to Singapore-based company, Linkko, highlighting Byzant as an ecosystem comprising various applications to support Web3 companies. Advertising, pivotal in Web2's social media industry, is seen as underdeveloped in Web3, with platforms like Adbazaar positioned to pioneer this sector. Travia also touched on the progression of Byzant, mentioning that several applications are in development or test mode, with a focus on Adbazaar as the next significant phase. Contact Details Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

March 21, 2024 11:44 AM Eastern Daylight Time

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Vobile CEO Yangbin Wang discusses revolutionizing IP and monetizing content in the digital age

Vobile Group Ltd

Vobile Group Ltd (OTCQX:VOBIF, HKG:3738) CEO Yangbin Wang tells Stephen Gunnion how the Software as a Service (SaaS) company is embracing AI as it provides intellectual property (IP) protection and content monetization solutions for the media industry, including major studios, TV networks, and sports leagues. Since its inception in 2005, coinciding with the rise of YouTube and affordable streaming, Vobile has addressed the dual challenge of enabling content sharing while combating piracy. The company developed Video DNA fingerprinting technology, an early application of AI for content tracking rather than generation, and later introduced watermarking technology. This suite of tools aids content owners in managing and monetizing their digital media across the internet. Wang highlights the vast market potential for Vobile's services, emphasizing the central role of IP in generating value within the media and entertainment sectors. With a client base comprising Hollywood studios and major media companies, Vobile stands as the largest provider in its niche. The company's expansion into the Asian market post-IPO on the Hong Kong mainboard has balanced its revenue sources between Asia and its US home base, where it trades on the OTCQX to make its stock available to US investors. Wang envisions leveraging AI to enhance the value of creative content further, viewing technological advances as tools that democratize content creation and distribution, thus potentially expanding Vobile's market. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

March 21, 2024 11:08 AM Eastern Daylight Time

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Loyalty Robotics Welding Systems Spearheads Technological Revolution to Elevate Manufacturing Competitiveness

Rev Up Marketers

Loyalty Robotics Welding Systems, a high-tech enterprise specializing in robot technology and intelligent manufacturing solutions, has enhanced automation and intelligence to deliver precise and efficient welding technology. This advancement drives industrial upgrades, helping enterprises reduce costs and increase benefits. With intelligent manufacturing solutions, Loyalty Robotics Welding Systems has provided a foundation for customers in the fierce market competition. By using cutting-edge 3D vision technology and flexible mobile platforms, Loyalty Robotics Welding Systems enhances product competitiveness. The application of these core technologies not only improves operational precision but also injects momentum into the transformation and upgrading of traditional manufacturing. Meanwhile, Smart Robot Factory Solutions further promotes the automation and informatization of production processes, helping customers develop steadily in the new era. Loyalty Robotics Welding Systems has significantly improved the core competitiveness of China's manufacturing industry in cooperation with various state-owned enterprises and companies, achieving the transition from a "big manufacturing country" to a "strong manufacturing country". Loyalty Robotics Welding Systems, led by Hu Haojie, has taken on the mission of driving breakthroughs in China's robot industry, moving from academic concepts to industrial practice, breaking foreign monopolies, and promoting Chinese robot products from the laboratory to the market. With economic growth and an aging population, labor costs are rising, and robot technology is becoming increasingly important in China. "In the field of robot technology, foreign brands are often seen as advanced and leading. Does China still need to develop its robots? We Chinese need our own robots!" stated, Hu Haojie, the CEO of Loyalty Robotics Welding Systems, who believes that improving the level of manufacturing and developing domestic robot technology is key. Loyalty Robotics Welding Systems focuses on technological innovation and product upgrades to achieve self-reliance in robot technology. This thoughtful investment in the future allows Loyalty Robotics Welding Systems to create value beyond the era, proving China's strength and potential in the field of robot technology. Gathering top industry talent and continuously focusing on core technology R&D, Loyalty Robotics Welding Systems constructs industrial towers with craftsmanship and expertise, achieving a leap from theoretical exploration to practical application and resolutely breaking the monopoly of foreign technology. Through continuous technological innovation and product upgrades, Loyalty Robotics Welding Systems will continue to play a pivotal role in advancing China's manufacturing industry. For more information, please visit the relevant website: https://www.lerobotics.com/en/ About Loyalty Robotics Welding Systems: Loyalty Robotics Welding Systems is fully advancing technological upgrades, product iterations, and market expansion, achieving excellence through comprehensive innovation. On the journey of technological innovation, the company will focus on developing more advanced intelligent control systems and integrating robot learning and AI algorithms, aiming to utilize advanced sensor technology and expanded big data analysis to strengthen real-time tracking and quality control of the welding process. Contact Details Loyalty Robotics Welding Systems (Chengdu) Corporation Haojie Hu (Aaron) info@lerobotics.com Company Website https://www.lerobotics.com/en/

March 21, 2024 10:13 AM Eastern Daylight Time

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Quantum Pathology Enhances Digital Pathology Capabilities with the Adoption of PathAI's AISight Image Management System

PathAI

Quantum Pathology, LLC, an independent pathology service provider in the United States, today announced the adoption of the AISight[i] Image Management System, a leading end-to-end workflow and image management solution by PathAI. This strategic decision marks a significant step forward in Quantum Pathology's transition to digital pathology, leveraging the advanced capabilities of AISight to revolutionize its operations. In a rapidly evolving landscape where competition for pathologists and pathology services is intensifying, the integration of digital pathology and artificial intelligence emerges as a crucial differentiator for players in the independent pathology market. After evaluating several image management systems, Quantum Pathology identified the AISight Image Management System as the most compelling solution to streamline its workflow, enhance case prioritization, and facilitate TC/PC use cases. By embracing AISight, Quantum Pathology aims not only to expedite turnaround times for referring physicians but also to harness AI overlays for delivering next-generation insights on patient pathology. "As the demand for pathology services grows, embracing digital pathology and AI-driven solutions becomes imperative for staying ahead. AISight emerged as the frontrunner among image management systems, offering the versatility and robustness needed to manage our caseload effectively as well as the full menu of algorithms we require to drive efficiencies in our workflow both in-house and amongst our professional clients,” said Dr. May Azar, Chief Medical Officer and Medical Director of Quantum Pathology. AISight, a cloud-native intelligent enterprise workflow solution, stands as a cornerstone in the digital pathology ecosystem, trusted by hundreds of pathologists worldwide. Serving as a centralized platform for case management, workload balancing, and image management, AISight integrates best-in-class artificial intelligence tools from PathAI and third-party partners. This comprehensive approach enables Quantum Pathology to address a wide spectrum of histopathology use cases with efficiency and precision. "The adoption of digital pathology represents a pivotal moment in healthcare, and we are witnessing a surge in laboratories embracing innovative image management systems. AISight stands out as a versatile solution that not only delivers high-quality images promptly but also empowers pathologists with a suite of AI algorithms for unparalleled workflow efficiency,” said Eric Walk, MD, FCAP, Chief Medical Officer of PathAI. “We are thrilled to partner with Quantum Pathology and support their journey towards digital transformation." [i] AISight is For Research Use Only. Not for use in diagnostic procedures. About Quantum Pathology Quantum Pathology is an independent, nationally renowned, fully accredited pathology laboratory committed to providing the best in class in patient care, latest technology, turnaround time and customer service. Quantum’s highly trained team of medical professionals and client relations specialists provide fast, accurate, personalized laboratory services, as well as a full range of ancillary support and practice management solutions. About PathAI PathAI is the leading precision pathology company providing software and AI-enabled solutions to all pathologist stakeholders including laboratories, research institutions, and the biopharma industry. Developed with the input of hundreds of pathologists, PathAI’s digital pathology Image Management System, AISight, is the solution of choice for laboratories transitioning to digital workflows. Rigorously trained and validated with data from more than 15 million annotations, its AI-powered models can be leveraged to optimize the analysis of pathology samples to improve efficiency and accuracy of pathology interpretation, as well as to better gauge therapeutic efficacy and accelerate drug development for complex diseases. For more information, please visit www.pathai.com. ### Contact Details SVM Public Relations and Marketing Communications Maggie Naples +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

March 21, 2024 10:00 AM Eastern Daylight Time

Avenix Fzco Launches Revolutionary Trading Software to Boost Market Strategy

Avenix Fzco

A leading fintech firm, Avenix Fzco, has unveiled its cutting-edge trading software tailored for traders targeting the XAUUSD pair and H1 timeframe. This innovative solution promises to transform trading practices with its precise strategy implementation, enhanced risk management, and smart auto-lot features. The software, developed by a team of expert traders and technologists, addresses key challenges faced by modern traders. With its precision strategy feature, traders can navigate the complexities of the gold market with greater accuracy and confidence. The optimized risk management system ensures that traders can minimize potential losses while maximizing gains. Additionally, the intelligent auto-lot functionality adapts to market conditions and the trader’s risk profile, making trading more efficient and effective. Botogon is a forex robot that stands out for its user-friendly interface and robust analytical tools. It is designed to cater to both novice and experienced traders, offering a seamless and intuitive trading experience. The software’s advanced algorithms and real-time market analysis provide traders with an edge in a fast-paced trading environment. Apart from the software, Avenix Fzco is committed to building a supportive trading community. This community provides an interactive platform where traders can share insights, learn from each other, and grow together. The community aspect emphasizes the company's dedication to not only offering top-notch tools but also nurturing a learning and collaborative environment. As Avenix Fzco continues to innovate in the fintech space, the company remains focused on its mission to empower traders with state-of-the-art tools and a supportive community. About Avenix Fzco: Avenix Fzcois a financial technology company based in Dubai, UAE. The company specializes in developing advanced trading software with a focus on precision, risk management, and intelligent functionality. Avenix Fzco commitment to innovation and community support makes it a leader in the fintech industry. For more information, visit: botogon.com Contact Details Avenix Fzco Media Relation Team support@botogon.com Company Website https://botogon.com

March 21, 2024 09:46 AM Eastern Daylight Time

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News Release

Avenix Fzco Unveils Groundbreaking Trading Software for Enhanced Market Strategy.

Rev Up Marketers

Avenix Fzco, a pioneering financial technology company, has announced the launch of its innovative trading software, specifically designed for traders focusing on the XAUUSD pair and the H1 timeframe. This groundbreaking tool is set to revolutionize the trading experience by integrating precision strategy, optimized risk management, and intelligent auto-lot functionality. The software, developed by a team of expert traders and technologists, addresses key challenges faced by modern traders. With its precision strategy feature, traders can navigate the complexities of the gold market with greater accuracy and confidence. The optimized risk management system ensures that traders can minimize potential losses while maximizing gains. Additionally, the intelligent auto-lot functionality adapts to market conditions and the trader’s risk profile, making trading more efficient and effective. Botogon is a forex robot that stands out for its user-friendly interface and robust analytical tools. It is designed to cater to both novice and experienced traders, offering a seamless and intuitive trading experience. The software’s advanced algorithms and real-time market analysis provide traders with an edge in a fast-paced trading environment. Apart from the software, Avenix Fzco is committed to building a supportive trading community. This community provides an interactive platform where traders can share insights, learn from each other, and grow together. The community aspect emphasizes the company's dedication to not only offering top-notch tools but also nurturing a learning and collaborative environment. As Avenix Fzco continues to innovate in the fintech space, the company remains focused on its mission to empower traders with state-of-the-art tools and a supportive community. About Avenix Fzco: Avenix Fzcois a financial technology company based in Dubai, UAE. The company specializes in developing advanced trading software with a focus on precision, risk management, and intelligent functionality. Avenix Fzco commitment to innovation and community support makes it a leader in the fintech industry. For more information, visit: botogon.com Contact Details Avenix Fzco Media Relation Team support@botogon.com Company Website https://botogon.com

March 21, 2024 08:10 AM Eastern Daylight Time

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