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HANetf's Hector McNeil discusses shifting investment focus beyond 'Magnificent Seven'

HANetf Holdings Limited

HANetf co-founder and co-CEO Hector McNeil suggests a strategic shift in investment from dominant tech stocks to broader tech themes. In an interview with Proactive's Stephen Gunnion, McNeil advocated diversifying away from the 'Magnificent Seven,' big tech firms, due to their high PE ratios and concentration risks. He highlights the potential of broader tech investments, particularly through ETFs that offer diversified exposure across various tech sub-sectors, including robotics, cybersecurity, and digital entertainment. McNeil emphasised the benefits of equal-weighted ETFs, such as the HAN-GINS Tech Megatrend Equal Weighted UCITS ETF (ITEK) which ensures no single stock dominates the index, providing a balanced investment approach. Additionally, he explored opportunities outside the traditional tech sector, particularly in emerging markets. McNeil underscored the growth potential in the e-commerce sector within these markets, driven by high growth rates and an absence of state-owned enterprises. He pointed out specific ETFs like the EMQQ Emerging Markets Internet & Ecommerce UCITS ETF (EMQQ), which focuses on major market e-commerce, and discussed the significant gains of companies like Pinduoduo and Tencent. McNeil also mentioned the Future Defense UCITS ETF (NATO), which has gained traction by capitalising on the rising importance of cybersecurity in global defence strategies. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 13, 2024 10:43 AM Eastern Daylight Time

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Phil Dervan appointed by Bacula Systems as Global Partner Strategy Director

Bacula Systems

Expanding its leadership in high security backup and recovery for HPC and demanding IT environments, Bacula Systems today announced it has appointed Phil Dervan as its Global Partner Strategy Director. Dervan will be responsible for overseeing and managing the relationships Bacula has with each of its partners, to help them further grow their business and deliver Bacula's value to customers. Dervan will increase Bacula's ability to adapt to changing market conditions, customer needs and partner feedback, as, in turn, it introduces its partners to increasingly large projects that need Bacula's high security protection and performance. “Phil's ability to constructively collaborate with technology partners, create and execute joint strategies and initiatives come at an exciting time for Bacula, when its highly secure backup and recovery software is increasingly being adopted by large enterprises with demanding IT environments. Having the right strategic partners can help Bacula bring even more value, especially in the areas of scalable storage, systems integration and high-performance Cloud providers" said Gopal RajGuru, CEO of Bacula Systems SA. "Bacula provides the missing link that storage providers and systems integrators need to provide their customers with a truly scalable, secure and resilient backup and recovery solution", said Dervan. "Other backup vendors may be effective in straightforward IT environments, but as soon as it gets complicated, more enterprise-grade and customizable software is needed. That's where Bacula comes in", said Dervan. Dr. Philip Dervan has held roles in Pre-Sales, Global Product Management Sales Operations, Partner Strategy, Partner Business Development and Solution Management positions. In 2002, Phil relocated to the USA from his native England, and lives in the greater Boston area. Phil worked at SAP for 23 years. Prior to SAP, Phil has more than 15 years of expertise in various line of business roles, as well as in strategic roles at Pirelli in the UK and in Italy. Phil holds an MBA and a PhD from the University of Southampton in the UK. Bacula’s customers include NASA, Warner Bros. Discovery, and Navisite. About Bacula Systems: Bacula Enterprise Edition is a highly scalable backup and recovery software for large organizations, data centers and MSPs. www.baculasystems.com Contact Details Rob Morrison rob.morrison@baculasystems.com +41 21 641 60 80 rob.morrison@baculasystems.com Company Website https://www.baculasystems.com/

May 13, 2024 06:27 AM Eastern Daylight Time

Analyst's Bold SOL Forecast Grabs Headlines; KANG and DOGE Reign Supreme in the Meme Coin Space

Kangamoon

The crypto market was recently shaken after analyst Altcoin Sherpa made a bold Solana (SOL) price prediction. Meanwhile, KangaMoon (KANG) and Dogecoin (DOGE) are soaring in the meme coin space. In fact, numerous analysts claim that KANG, which is now in Stage 5 of its presale, could become the next 100x meme coin in 2024. Today, we find out why. Altcoin Sherpa: The Solana Price Could Surge to $500 Solana (SOL) has been showing some volatility in the market. CoinMarketCap data shows that the price of SOL fell from $154 to $133 on the one-week chart. In that time, the Solana market cap also moved between $68B and $59B. However, crypto analyst Altcoin Sherpa remains bullish. In his new tweet, he predicts SOL's growth to $500 this year. From a technical analysis standpoint, this prediction could come true. For example, the Solana coin trades above its 100 and 200-day EMAs. As a result, experts have made a bullish Solana price prediction - reaching $177 before the end of Q2 2024. KangaMoon (KANG): Among the Best Meme Coins To Buy As Solana steals all attention, other cryptos are still making headlines. KangaMoon (KANG) is one coin that has shone with its stellar presale performance. Notably, this meme coin has already raised over $6M and will reach $7M before May 2024 ends. There are now over 6K KANG holders and 20K registered community members. Evidently, global traders are interested in this meme coin since it will bring something new - utility. KANG will be the main in-game currency for KangaMoon's upcoming P2E game. With this meme coin, you can buy in-game items as well as upgrade characters. This utility immediately separates KANG from 99% of other meme coins, which are hype-driven only. Another aspect that makes KangaMoon different is its community-driven focus. For instance, KangaMoon rewards its most active community members with free KANG tokens before its launch. Thus, 20K members rush to like/share/comment on KangaMoon's social media posts and earn this meme coin for free. Early buyers of KANG have already experienced a 290% ROI as KANG costs $0.0196 in Stage 5 of its presale. But remember that KangaMoon has ties to the P2E gaming market, which may reach $885M by 2028. This means that KANG's long-term growth potential is outstanding. Experts foresee a 100x jump once this meme coin gets a Tier-1 CEX listing in Q2 of 2024. Analyst Kevin Makes a Bullish Dogecoin Price Prediction Meanwhile, Dogecoin (DOGE) is another meme coin that is seeing some bullish signs. For example, the Dogecoin volume has jumped 26% in the past week alone. In that period, the price of DOGE fluctuated between $0.15 and $0.13. Based on the historical performance, analyst Kevin predicts that this meme coin may soar to $3.80. The technical analysis for the Dogecoin crypto also shows bullish signals. For example, DOGE is trading above its 100 and 200-day EMAs. Thus, experts foresee a rise to $0.21 for Dogecoin within Q2 of 2024. Solana vs. KangaMoon vs. Dogecoin - Which One Rises First? In the battle between Solana, KangaMoon, and Dogecoin, the spotlight shines on KangaMoon. This is because KANG boasts a low market cap of $19.6M, hinting at its potential for explosive growth with fewer new funds needed for its price to skyrocket. If you want this meme coin, sign up for its presale and get a 10% bonus. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

May 11, 2024 05:39 AM Central Daylight Time

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USITC Issues Affirmative Preliminary Determination in Trade Case Against Imports of Ferrosilicon from Brazil, Kazakhstan, Malaysia and Russia

U.S. Ferrosilicon Producers

The U.S. International Trade Commission (USITC) preliminarily determined today that ferrosilicon imports from Brazil, Kazakhstan, Malaysia and Russia are causing material injury to the U.S. industry. All four Commissioners voted in the affirmative. The Commission’s unanimous vote comes in response to petitions filed on March 28 by CC Metals and Alloys, LLC (“CC Metals”) and Ferroglobe USA, Inc. (“Ferroglobe”), who together account for all American ferrosilicon production. The petitions allege that unfairly priced and subsidized ferrosilicon imports are injuring the U.S. industry and its workers. Ferrosilicon is a critical input used to produce steel and foundry products, making preservation of the American industry a matter closely related to significant national security priorities. “Producers in Russia, Kazakhstan, Malaysia, and Brazil are using predatory pricing practices to take market share from American producers. This distorts the market and puts American workers out of jobs,” said Marco Levi, Chief Executive Officer of Ferroglobe PLC. “Today’s vote is encouraging. It brings us one step closer to ensuring a level playing field.” On April 17, the U.S. Department of Commerce (Commerce) initiated eight antidumping (AD) and countervailing duty (CVD) investigations into imports of ferrosilicon from Russia, Kazakhstan, Malaysia, and Brazil. "Today's vote validates the data in our petitions and questionnaires showing the serious harm inflicted by unfair imports," said Chris Cobb, Plant Manager of CC Metals and Alloys, Inc. " We applaud the USITC for taking this step toward restoring fair competition to the U.S. market and confidence to U.S. workers and consumers. We look forward to seeing our trade laws enforced.” Commerce is continuing its investigations and will make preliminary CVD determinations as early as June 2024 and AD determinations as early as September 2024. If the determinations are affirmative, provisional AD and CVD duties will be collected based on the preliminary margins calculated by Commerce and potentially applied retroactively. About the CC Metals and Ferroglobe CC Metals traces its roots back to 1949, when it was founded as a producer of large-volume commodity ferroalloys for the steel industry in Calvert City, Kentucky. Today CC Metals is an ISO 9001 certified leading manufacturer of more than 40 different products including 18 different ferrosilicons and more than 20 different magnesium ferrosilicon inoculants, high purity, 3%-9% magnesium and proprietary alloys. CC Metals ships over 100,000 metric tons of finished product annually from its manufacturing facility in Calvert City, KY via barge, rail and truck. Ferroglobe USA, Inc. is a wholly-owned U.S. subsidiary of Ferroglobe PLC, a world leading producer of silicon metal and ferroalloys, serving a customer base across the globe in dynamic and fast-growing end markets, such as solar, automotive, consumer products, construction and energy. Through its subsidiaries, Ferroglobe operates metallurgical manufacturing facilities and mining sites in Alabama, Indiana, Kentucky, Ohio, South Carolina, and West Virginia. For more information, visit https://www.ccmetals.com/ and https://www.ferroglobe.com/ Contact Details Elizabeth Heaton +1 202-445-9858 elizabeth@eahstrategiesllc.com

May 10, 2024 04:10 PM Eastern Daylight Time

Seeing Machines advances with strategic expansions and strong quarterly performance

Seeing Machines Ltd

Seeing Machines Ltd CEO Paul McGlone joins Proactive's Stephen Gunnion with an update on the company's progress and key developments. McGlone highlighted the expansion with an existing US customer and a tier 1 supplier, driven by increasing regulatory requirements in Europe, which signifies a significant development for the company. This expansion includes new technology integrations and a stronger foothold in the European market, alongside additional volume in China. Further, McGlone discussed the company's recent performance following their third-quarter results, noting a return to normal production levels and the launch of a new major vehicle program. This contributed to Seeing Machines producing over 300,000 vehicles in the quarter, supporting a year-on-year growth rate of 100%. This performance reassured investors of the company's growth trajectory. Additionally, McGlone outlined the launch of their biggest ever production award with a significant European OEM, which includes a comprehensive interior sensing capability for driver and occupant monitoring. This project is seen as a major technical achievement and is expected to notably increase growth rates. McGlone also touched on the aftermarket segment, particularly their Guardian Connections system for trucks and buses, which showed consistent growth and is set to expand further with the rollout of their third-generation product. Lastly, McGlone reaffirmed the company's financial targets for 2024 and their aim to achieve cash break-even in 2025, indicating strong momentum across various business areas, including automotive, aviation, and fleet services. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 09, 2024 07:06 AM Eastern Daylight Time

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Sostravel.com strategy unveiled: interview with Edoardo Zarghetta

SosTravel.com

SosTravel.com (OTCQB:SOSAF, EURONEXT:SOS) investor relations head Edoardo Zarghetta outlines the company's operations and strategic directions in an interview with Proactive's Stephen Gunnion. Sostravel.com operates primarily as a digital travel technology company with two business units. One focuses on packaging holidays, primarily in destinations such as Sardinia, southern Italy, Kenya, Turkey, Egypt, and Cuba, managing hotels and resorts to create custom holiday packages. The second unit provides technology services, including a Lost Luggage Concierge and Dr Travel for telehealth needs, enhancing travellers' experiences by addressing common issues like lost luggage and health care in foreign locales. The company benefits from a commercial relationship with shareholder TraWell Co SpA (OTCQX:TRWAF), which markets Sostravel.com's services at airports, enhancing visibility and customer acquisition. This relationship allows the implementation of unique marketing strategies focused on leveraging travel needs to introduce value-added services, distinguishing Sostravel.com from competitors by creating a symbiotic ecosystem between holiday offers and service provision. The company reported a 29.6% increase in gross booking value as of March and projects significant growth in revenues and EBITDA for 2024, with updates expected in August to confirm these forecasts. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

May 09, 2024 06:56 AM Eastern Daylight Time

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HTX Collaborates with Astar Network to Accelerate Blockchain Innovation through the TGE Catalyst Grant

HTX Ventures

Singapore / May 7, 2024 – The leading digital assets exchange HTX has collaborated with Astar Network, a blockchain that aims to become Polkadot's "smart contract hub" and serves as a parachain for Polkadot, in support of its newly launched "TGE Catalyst Grant. This initiative marks a significant step forward in fostering innovation within the blockchain ecosystem, particularly through the Astar zkEVM platform. The TGE Catalyst Grant is designed to empower emerging projects preparing for their Token Generation Events (TGE) on Astar’s zkEVM. This groundbreaking program provides a holistic support package that includes financial assistance, strategic collaboration with key opinion leaders, and robust marketing campaigns, all aimed at ensuring successful token launches. "As an active participant in the blockchain sector, HTX is committed to supporting transformative projects that drive the industry forward. Our collaboration with Astar Network through the TGE Catalyst Grant underscores our HTX Ventures’ dedication to nurturing innovation and providing comprehensive market support from the outset," said Edward, Managing Partner of HTX Ventures. "We are excited to work alongside Astar Network and other leading exchanges to facilitate a new generation of token projects, ensuring they have the tools and support needed to succeed." HTX Ventures, the global investment arm of the HTX, has been an investor in Astar Network since 2021, demonstrating a long-term commitment to the growth and success of Astar’s platform and its associated projects. “We are deeply grateful for the support from HTX and their belief in our vision to expand the frontiers of blockchain technology.” said Astar Network, “This collaboration through the TGE Catalyst Grant not only accelerates our mission at Astar Network but also cultivates significant synergies that will enhance our joint efforts to drive global blockchain innovation. We are excited about the future and look forward to working together to bring about transformative impacts within the ecosystem." Key features of the TGE Catalyst Grant include: Strategic CEX Collaboration: Streamlining the listing process and boosting market momentum through collaborations with top CEXs including HTX. Unique Marketing and KOL Alliances: Utilizing Astar's "SAMURAI Support" marketing framework to enhance project visibility and engagement within the Web3 community. Listing Acceleration Package: Offering financial support for marketing and promotional activities on CEXs, alongside liquidity advisory services and audit support to ensure project readiness and security. HTX’s involvement in the TGE Catalyst Grant not only strengthens its portfolio of innovative blockchain services but also enhances its role as a catalyst in the decentralized finance (DeFi) landscape. About HTX: Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/ About Astar: Astar Network is the gateway for projects across enterprises, entertainment & gaming in Japan and beyond, driving global adoption and delivering web3 to billions. It leverages a cross-virtual machine powered by Polygon and Polkadot to offer customizable blockchain solutions that accelerate web3 adoption. With zk-powered Ethereum L2 Scaling (zkEVM), EVM, WASM, and a cutting-edge ecosystem, Astar delivers robust, secure, and interoperable web3 technology. Astar zkEVM is the new Layer-2 solution to scale a web3 experience on Ethereum with zero knowledge (ZK) technology. Astar Network connects you to web3. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

May 08, 2024 10:52 AM Eastern Daylight Time

Electric Guitar debuts on AIM with big plans following 3radical acquisition

Electric Guitar PLC

Electric Guitar PLC (AIM:ELEG) CEO John Regan spoke to Proactive's Stephen Gunnion following the company's listing on London's AIM market following the reverse takeover of 3radical. Regan emphasized Electric Guitar's "buy and build" strategy, which involves acquiring complementary businesses to enhance their market position. Despite the challenging market conditions, the company managed to complete its IPO on AIM, a testament to its team's strength and compelling business proposition. 3radical specialises in collecting first-party data—a valuable asset in today's privacy-focused advertising market. This acquisition marks Electric Guitar's entry into the technical side of the advertising industry, responding to significant shifts such as reduced accessibility to third-party data due to privacy regulations. 3radical's technology allows for real-time adaptation to user input, which is unique in the market and enhances the relevancy of advertising. Furthermore, Regan said 3radical's extensive database of engagement events offers potential for advanced machine learning applications, positioning Electric Guitar to exploit AI technologies effectively. Looking forward, Regan outlined plans to enhance sales and marketing efforts, particularly focusing on exploiting the newly acquired technologies and data assets from 3radical. Electric Guitar is also preparing to expand its portfolio by acquiring additional complementary businesses, aiming to leverage these new assets to secure a competitive advantage in a rapidly evolving market. Contact Details Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 08, 2024 08:24 AM Eastern Daylight Time

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Team Internet CEO Michael Riedl discusses growth and integration post-Shinez acquisition

Team Internet Group PLC

Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) CEO Michael Riedl discusses the completion of the acquisition of Shinez, a digital content production and promotion company specialising in listicle-based articles with embedded advertisements. Riedl noted that the acquisition is immediately accretive to earnings, with an expected high single-digit EPS accretion for the year, even before accounting for synergies. He highlighted that Shinez attracts different customer groups early in the decision-making process, which complements Team Internet's existing product suite. With the inclusion of Shinez, Team Internet now covers the entire marketing conversion funnel, from initial awareness to final sale conversions, he added. Riedl also discussed future growth strategies, emphasizing the enhanced capability to target consumers at every stage of their decision-making journey, thus increasing shareholder value. He mentioned leveraging synergies such as cross-promoting products and integrating ad inventories. The acquisition strengthens Team Internet's relationship with significant internet players like Meta, providing potential spillover benefits. Looking ahead, Team Internet plans to deepen its involvement in social media and expand its network of demand-side partners to better tailor commercial offers to consumers. Contact Details Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 08, 2024 08:06 AM Eastern Daylight Time

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