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News Release

Spectral AI announces "single largest contract to date"

Spectral AI Inc

Spectral AI Ltd (NASDAQ:MDAI) founder and CEO Wensheng Fan speaks to Thomas Warner from Proactive after the medical-focused artificial intelligence company announced it has been awarded a new contract valued at up to $149 million by the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services. The CEO describes the contract as Spectral AI's "single largest to date" and highlights that it represents an important step forward in its commercial efforts. The deal includes a base phase of $55mln for FDA clearance of "Deep View" in burn indication. The technology aims to assist ER physicians in determining whether burn patients should be transferred to specialized burn centers. With 1.1 million burns occurring in the US annually, the potential for Deep View's application in emergency rooms and trauma centers is vast. Additionally, the technology will play a role in the treatment flow of both burn and diabetic foot ulcers, further expanding its clinical utility. Fan explains that following Spectral's recent move from London's AIM to the NASDAQ, the contract signifies a pivotal moment in the company's history, cementing its commercial future and revealing more about its potential impact on the healthcare sector. Contact Details Proactive Investors +44 20 7989 0813 uk@proactiveinvestors.com

September 29, 2023 01:17 PM Eastern Daylight Time

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Cloud Tech ETF's 5-year journey: CEO Anthony Ginsberg shares explosive growth and future insights

HANetf

Anthony Ginsberg, CEO of GINSGLOBAL Index Fund joined Steve Darling from Proactive to reflect on the remarkable journey of the Cloud Technology ETF, which was launched in 2018. Over the past five years, cloud technology adoption has skyrocketed, especially accelerated by the COVID-19 pandemic and remote work trends. Initially, cloud technology was embraced by startups and SMEs, but it's now a cornerstone for large enterprises, including banks, insurers, and governments. This evolution has significantly reshaped the landscape, with major players like Amazon, Microsoft, and Google benefiting. The pandemic expedited the adoption of hybrid and multi-cloud solutions, reducing risk for large corporations. IBM's acquisition of Red Hat was a pivotal moment, enabling multinational organizations to diversify their cloud providers. Cloud technology now encompasses diverse industries, from social media and gaming to electric vehicles, even intersecting with AI, primarily driven by NVIDIA chips. In terms of performance, the ETF has experienced remarkable growth, with a year-to-date increase of up to 30%. Overall, since its inception, it has seen a gain of around 44%, though there were some challenges due to factors like inflation and market fluctuations. Looking ahead, Ginsberg anticipates continued M&A activity in the cloud and cybersecurity sectors. As AI becomes increasingly intertwined with cloud technology, it's likely that AI firms may also venture into the cloud space. The cloud industry is poised for substantial growth, potentially tripling in size over the next five to six years. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

September 29, 2023 12:56 PM Eastern Daylight Time

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Crossword Cybersecurity CEO reveals focus for the rest of 2023

Crossword Cybersecurity PLC

Crossword Cybersecurity PLC (AIM:CCS) CEO Tom Ilube speaks to Thomas Warner from Proactive after the company released its interim results for the six months to 30 June 2023. Dr Ilube gives an overview of the company's strong performance during the first half of the year, highlighting revenue growth to £1.9 million, marking a 27% increase from the same period last year, with annual recurring revenue surging by 35% to £2.7 million. The company also improved its margins from 16% to 20%. Dr. Ilube emphasises Crossword's focus on organic growth and its commitment to working closely with key accounts. Addressing the impact of generative AI on cybersecurity, he revealed that Crossword is actively exploring how AI can be integrated into their products, especially in supply chain and network monitoring areas. He reveals that as the company moves forward, the primary challenge is converting their sales pipeline into closed contracts. "The challenge now in the back half of the year is taking that pipeline and converting it into closed deals, closed contracts with clients... so that's where all the energy is going." Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

September 29, 2023 03:00 AM Eastern Daylight Time

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Learning Technologies Group "much more comfortable about the second half"

Learning Technologies Group PLC

Learning Technologies Group PLC (AIM:LTG, OTC:LTTHF) chief executive Jonathan Satchell speaks to Thomas Warner from Proactive after the workplace talent development company released its interim results for the six months to 31 June 2023 Satchel provides an overview of the company's performance over the period as well as its future outlook. The firm reported £285 million in revenue for the first half, a 2.5% increase from the previous year. However, challenges arose from integrating their LEO business into the GP Strategies content business, which Satchell suggests may ultimately have cost an estimated $80 million of EBIT. Despite these challenges, Satchell expresses confidence in the company's resilience. He says the company's performance during the second half was always going to hinge on the GPLX turnaround, adding that August's figures show a strong recovery and he feels "much more comfortable about the second half." While facing softness in markets like China and Japan, the company remains optimistic about meeting analyst expectations for the full year. He also says that as they approach their 10th anniversary, the firm is being selective about acquisitions and has announced a voluntary debt repayment of $25 million. Satchell also highlighted their focus on integrating AI thoughtfully, ensuring they don't merely follow trends but leverage technology effectively. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

September 29, 2023 03:00 AM Eastern Daylight Time

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HTX Earn Launches New User Rewards Program with 100% APY

HTX

Singapore – September 28, 2023 – HTX, a comprehensive ecosystem of blockchain businesses, announced the recent launch of its special Earn campaign tailored for new users. Through this campaign, new users can enjoy up to 100% APY by subscribing to popular cryptocurrencies such as USDT, BTC, ETH, and more for 7 days. All new users who qualify can embark on this exciting wealth growth journey by subscribing through HTX Earn, starting on Sep 18, 2023, at 10:00:00 UTC.. Against a backdrop of global economic slowdown, the cryptocurrency market continues to attract investors worldwide with its openness, diversity, and standardization after over a decade of development. For centralized exchanges, the competition to become the top choice for global crypto investors hinges on the quality of their passive income offerings for new customers. This quality manifests itself in various aspects, including a diverse selection of cryptocurrencies, attractive annual returns, and low entry requirements. Based on a competitive analysis of five leading exchanges, HTX consistently stands out due to the distinct advantages it offers. HTX Leads the Pack in Offering New User Passive Income Opportunities In the chart above, it is evident that HTX's offerings excel in several aspects including cryptocurrency variety, APYs, KYC requirements, and more. HTX currently offers Earn products for as many as 20 mainstream coins and has continued to introduce more consistently. They also offer remarkable 100% APYs for these passive income products. Additionally, compared to exchanges that limit time and require complex verification processes, HTX provides its new user benefits for longer and only requires KYC Level 2 verification to participate. To access HTX Earn, simply visit HTX's official website and click Earn in the top navigation bar, or open the HTX app and tap HTX Earn on the homepage. Grab Your Opportunity! Exclusive to New Users – Subscribe Now HTX's special Earn campaign is exclusive for new HTX Earn users that subscribe starting from Sep 18, 2023, at 10:00:00 UTC. Users must complete KYC Level 2 verification to be eligible for subscriptions through this activity. Each qualifying new user can only subscribe to one of the products offered in this promotion once. The activity will end once the total subscription quota for each cryptocurrency is depleted. After 7 days of subscription, the returns and the principal for the subscription will be credited to the users' spot accounts in the same token they subscribed to. HTX Earn is a reliable tool for managing virtual assets, offering a variety of products that cater to users' demands while ensuring the utmost security of their assets through the exchange's strict risk management system. HTX Earn is designed to provide users with high-quality assets for daily passive income and user-friendly interface for convenient wealth management experience. This exclusive campaign, coinciding with HTX's rebranding, demonstrates the exchange's commitment to strengthen its global presence. While HTX continues to focus on the mainstream crypto ecosystem to meet users' trading demands, it is also exploring emerging sectors to uncover more wealth opportunities accessible to users. This not only fulfills the essential needs of users in the current crypto market but also aligns with its vision: "Achieving Financial Freedom for 8 Billion People on Earth". For the next decade, HTX envisions an all-encompassing platform, including spot trading, derivatives trading, and wealth and asset management, becoming a trusted metaverse free port for global users in the Web3 era. About HTX Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

September 28, 2023 07:17 PM Eastern Daylight Time

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ARway Corp announces company has built its first platform for Apple Pro Vision Glasses

ARway

ARway Corp Chief Product Officer Shadnam Khan joined Steve Darling from Proactive to share an exciting update at ARway Corp has achieved a significant milestone by completing the first build of the ARway Platform on Apple's Vision Pro hardware and realityOS operating system at the prestigious Apple Park in Cupertino. During this development phase, developers had the exclusive opportunity to access early prototypes of the headsets, showcasing the platform's compatibility with Apple's cutting-edge technology. This new version of the ARway Platform introduces several enhancements, including multi-map and multi-floor navigation capabilities on the Web Creator Portal. Creators can now streamline the process of crafting augmented reality experiences, as the platform offers three default floorplans, significantly reducing the time and effort required for development. Furthermore, ARway Corp has announced substantial upgrades to its platform and technology in version 2.6. These enhancements go beyond the recent features and provide even more advanced capabilities. Some of the notable additions include a comprehensive location directory and an improved onboarding experience. These enhancements reaffirm ARway's commitment to remaining at the forefront of the augmented reality industry, ensuring that its technology continues to offer cutting-edge solutions to creators and developers. Overall, this development signifies a significant leap forward for ARway Corp, positioning it as a key player in the augmented reality space and highlighting its dedication to providing innovative solutions that enhance the AR experience for users and creators alike. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

September 28, 2023 02:13 PM Eastern Daylight Time

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News Release

1606 announces launch of ChatCBD, a revolutionary AI chatbot to enhance customer experiences

1606 Corp.

1606 Corp CEO Greg Lambrecht joined Proactive's Steve Darling with news the company is launching ChatCBD, an AI chatbot designed to revolutionize the customer experience. Lambrecht explained that ChatCBD, a conversational e-commerce tool, is set to debut through a partnership with Cool Blue Distribution. This strategic collaboration will enable 1606 to integrate its proprietary AI merchandizing ChatBot into Cool Blue's website. ChatCBD has been custom-tailored to provide comprehensive responses to customer inquiries related to CBD and offer product recommendations from the range of retail brands available through Cool Blue Distribution, a leading CBD distributor in the United States. The chatbot's standout feature lies in its utilization of Natural Language Processing (NLP) technology, which equips it with the capability to comprehend and respond to customer queries with a high degree of precision and understanding, akin to human interactions. Furthermore, ChatCBD operates 24/7, ensuring that customers receive assistance and solutions to their questions promptly, even beyond regular business hours. This innovative approach not only enhances the customer experience but also showcases 1606 Corp's commitment to leveraging cutting-edge technology to provide valuable solutions in the growing CBD market. By offering an AI-driven chatbot for CBD-related inquiries and product recommendations, 1606 Corp aims to create a seamless and informative shopping experience for consumers exploring the world of CBD products. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

September 28, 2023 01:46 PM Eastern Daylight Time

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News Release

Chainlink Surges 15% In the Weekly Charts – Can It Catch Up to Borroe.Finance?

Blockchain Digest

September didn't start as planned for Chainlink ($LINK). Yet it has turned around $LINK’s recent bearish fortunes to record a 15% weekly boost. However, analysts seem more focused on Borroe.Finance ($ROE). The latter focuses solely on providing instant loans to the Web 3 industry. Yet, investors say it can become one of the best DeFi coins available. Are these expectations reasonable? Let's find out. >>BUY $ROE TOKENS NOW<< Chainlink ($LINK) Builds on Rising Partnerships in September Despite recent bearish conditions, Chainlink's ($LINK) network activity has remained high. One of Chainlink's standout features among top altcoins has been its rising partnerships in 2023. Chainlink ($LINK) has continuously sought partnerships to increase its presence in the DeFi space. $LINK was trading at 6.02 on September 3, two days after the market-wide slump. By September 12, $LINK dropped slightly by 1.1% to $5.95. Then, by September 19, $LINK had grown by 15.2% to $6.86. The excitement around those partnerships has increased Chainlink's ($LINK) performance in the current bear market. On September 14, Chainlink announced a partnership with ANZ Bank in Australia. Likewise, on August 30, Chainlink announced successful tokenization tests with the SWIFT inter-banking system. Analysts say $LINK could rise by 19.6% to $8.21 given Chainlink’s growing number of partnerships. Borroe.Finance ($ROE): The Financial Fuel the Web 3 Industry Needs In business, access to instant cash flow is everything. Companies need financial muscle to power through day to day tasks of business management. Yet, funding can be hard to come by, especially for businesses in the Web 3 world. Borroe.Finance ($ROE) is a platform launched to correct the problem. It takes a different approach that ensures easier funding for companies at reduced costs and higher efficiency. >>BUY $ROE TOKENS NOW<< Borroe.Finance is a revenue financing marketplace that uses artificial intelligence, blockchain technology, and asset tokenization. It helps provide needed cash flow for businesses in the Web 3.0 industry via the sale of future earnings. Borroe.Finance's marketplace comes equipped with risk management tools to give investors a safe experience. Users also enjoy various fiat and crypto payment solutions on Borroe.Finance ($ROE). This boosts their overall efficiency as they can easily avoid the hassles of currency conversion. Furthermore, it offers real-time tracking of invoices. This lets buyers feel safer as they can check the movement of their invoices. Other than Borroe.Finance ($ROE), invoice financing is not offered by any of the top DeFi projects. Analysts say this uniqueness will transform into high returns for Borroe.Finance. Right now, $ROE costs $0.0150 in Stage 2 of its presale. As $ROE entered Stage 2, Stage 1 investors got a 20% ROI. Fortunately, there’s still potential for gains. In Stage 3, $ROE will sell for $0.0200. Moreover, when $ROE’s presale is over, it would rise to $0.0400, growing by 166% from its current price. Waste no time - join now! Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance ($ROE) Presale | Join The Telegram Group | Follow Borroe on Twitter Contact Details Borroe.Finance Team Press@Borroe.Finance

September 28, 2023 12:39 PM Eastern Daylight Time

News Release

Australia's Leading Bank Partners with Chainlink: Can Arbitrum and Borroe.Finance Compete with $LINK?

Blockchain Digest

Chainlink's institutional adoption is about to rise thanks to its latest partnership with ANZ banking group. Elsewhere, Arbitrum ($ARB) faces stiff competition from competitors like Base Network, causing its TVL to drop. Yet, Borroe.Finance ($ROE) seems to be in the clouds, especially after the recent sell-off in the second presale stage. Will $ROE eventually become a top ICO? Let's find out. >>BUY $ROE TOKENS NOW<< Arbitrum's ($ARB) Falling TVL Shows Competition with Other Layer 2 Networks Arbitrum's total value locked (TVL) has fallen sharply since early August as subsequent market crashes have reduced its network usage. On August 10, Arbitrum's ($ARB) TVL stood at $2.02 billion before falling to $1.17 billion on September 20. The fall follows a major drop in Arbitrum's positive investor sentiment after the market crashes in August and early September. $ARB had dropped to $0.98 on August 17 after the market-wide slump. The crash of September 1 worsened the bear market, causing $ARB to fall by 10.2% to $0.88. Arbitrum's ($ARB) falling TVL could also be down to competition from other layer-2 networks. Since August, Arbitrum has faced competition from Coinbase's Base Network. On September 14, Arbitrum's ($ARB) daily transaction count reached 878,000. For comparison, Base Network's daily transactions reached $1.88 million on the same day. Analysts say $ARB will struggle to recover if Arbitrum faces more competition from its rivals. These analysts conclude that $ARB could drop by 10.2% to $0.79 if the Base Network maintains pressure on Arbitrum. Borroe.Finance: Community Marketplace Records 58% Rise Within 24 Hours Blockchain technology is all about leveraging the power of the community to create technology-based solutions to real-world problems. This is exactly what Borroe.Finance ($ROE) has done. Built on Polygon, Borroe.Finance creates new avenues for instant funding via leveraging peer-to-peer lending. Borroe.Finance has created an ecosystem for Web 3 businesses to raise instant cash at low costs and high efficiency. The platform prioritizes speedy fundraising approval. Funding requests on Borroe.Finance are typically approved within 1 hour or less. Furthermore, Borroe.Finance looks to fund 80 - 90% of fundraising requests. To smoothen community lending, Borroe.Finance platform uses fractionalized NFTs to represent collateral. These fractionalized NFTs are then sold off on a marketplace to investors from all over the Web 3 world. Via this process, companies can raise funds by selling their invoices to communities that support them. Various perks come with being a member of Borroe.Finance ($ROE). Users enjoy low fees, high discounts, and rewards for being active members. Out of all new ICOs, Borroe.Finance combines a strong real-world utility with its incredible levels of market hype. Within 24 hours of entering Stage 2 of its presale, $ROE has sold 58% of its available tokens. By Stage 3, $ROE would rise by 33.3% from its current price of $0.0150 to $0.0200. So, join while there’s still some supply left at this price. >>BUY $ROE TOKENS NOW<< Australian "ANZ" Bank Explores Chainlink's CCIP On September 15, 2023, the Australian and New Zealand (ANZ) Banking Group announced a partnership with Chainlink ($LINK). The partnership would allow ANZ to use Chainlink's Cross-Chain Interoperability Protocol to test the purchase of tokenized assets. The latest Chainlink partnership brought slight positive momentum to $LINK's price. $LINK was trading at $5.93 on September 1 after the market slump. Following the announcement of Chainlink's partnership with ANZ, $LINK rose by 7.2% to $6.36 on September 15. As excitement around the partnership grew, $LINK grew by another 8.6% to $6.91 on September 20. Chainlink ($LINK) stands out among other top DeFi projects because of its drive for institutional adoption. Since the start of the year, Chainlink ($LINK) has sought out partnerships with banks and other centralized finance institutions. As a result, analysts say $LINK could rise to $7.99 as Chainlink's partnerships grow. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance ($ROE) Presale | Join The Telegram Group | Follow Borroe on Twitter Contact Details Borroe.Finance press@Borroe.Finance

September 28, 2023 12:33 PM Eastern Daylight Time

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