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Nextech3D.ai announces additional order from Amazon totalling $2.2 million

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to share news about the company's significant contract increase from its largest customer, Amazon. The new orders for 3D models amount to $2.2 million in additional revenue, indicating a strong and growing demand for Nextech3D.ai's services. Gappelberg also mentioned that the company's profit margins are expanding significantly, which is a positive indicator of the company's financial health. He stated that Nextech3D.ai is rapidly progressing towards achieving positive cash flow, a significant milestone for any business. The CEO revealed that Nextech3D.ai has been a supplier to Amazon for the past 12 months and has successfully delivered over 25,000+ 3D models to the tech giant. This long-standing relationship with Amazon demonstrates the company's reliability and capability to meet the needs of a major customer. Furthermore, Gappelberg shared the company's plans for expansion beyond the e-commerce sector into gaming and manufacturing. Nextech3D.ai aims to leverage its AI-powered innovation in the lucrative 3D modeling sector to explore new opportunities and diversify its offerings. The news of the significant contract increase and the company's progress towards positive cash flow reflects Nextech3D.ai's growth and potential in the market. With its focus on cutting-edge technology and expansion into new sectors, the company seems well-positioned for further success and continued growth in the future. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

July 31, 2023 10:43 AM Eastern Daylight Time

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Could HybriU, Ambow Education’s (NYSE: AMBO) New AI-Powered Education Solution, Revolutionize The $600+ Billion Learning Market?

Ambow Education Holding

By David Willey, Benzinga Ambow Education Holdings Ltd. (NYSE: AMBO) is bringing innovative artificial intelligence (AI) technology to the educational sector. It has launched HybriU, an AI-powered digital education platform that is designed to empower students and bridge the gap between academia and industry. Ambow’s HybriU employs cutting-edge connective technology that transcends the traditional barriers between languages, regions, academia and industry to create a seamless online and offline learning experience. Ambow is a technology-driven educational company that primarily operates in the U.S.. Its new HybriU platform is powered by the powerful, patented OOOK technology, which was created to help provide students with modern educational and workforce training. With the launch of HybriU, Ambow is looking to turbocharge the use of AI in online learning. The online education sector is projected to grow from its 2022 value of $192 billion to $602 billion by 2030 at a compound annual growth rate (CAGR) of 17.2% during the forecast period. Recently the World Economic Forum (WEF) declared that AI has immense potential to create inclusive systems of learning for students and to enhance the experience of teachers. This is the potential that Ambow is looking to harness with its revolutionary HybriU platform. What Does HybriU Do? In an interview, Ambow's President and CEO Dr. Jin Huang identified some key solutions that HybriU provides, including its scalable, affordable technology, as well as its smart classrooms and labs. Huang was recently listed on CIO’s “ 10 Most Innovative CEO’s To Watch In 2023.” HybriU’s capabilities include simultaneous content creation with instant AI translation. This allows students to study in their native language, improving global access to educational material. The platform also eliminates the need for distinct online content creation, as it automatically generates educational content directly from online and offline sessions, including those in a traditional classroom, lab, or corporate training session. Using the OOOK technology, HybriU can also create customized content that is adapted to diverse student populations. One way it provides more inclusive content is by offering live subtitles and an AI-generated voiceover that provides the content in the student’s native language. The platform also has a mechanism for providing real-time feedback to help promote continuous improvement of the experience for both teachers and students. With HybriU’s digital classes, students won’t need to take notes, as the AI will direct the teacher’s transcripts straight to their account. Students can tag or comment on the transcript, and an AI-powered indexing and tagging system allows for an efficient organization of the content. Student comments also provide teachers with immediate feedback on their lessons to enhance their curriculum and teaching style. HybriU also has the capability to create marking material for AI-generated online courses. These include sales posters and short videos to maximize the reach and impact of the course content. With all these capabilities, Ambow believes that HybriU will help reshape the traditional educational landscape and create a more inclusive, efficient and effective learning experience. "During the second half of 2022, we completed the sale of our overseas assets and transitioned our business operations to the U.S. where we introduced HybriU, our industry-leading hybrid learning platform designed to tackle the challenges of the new education paradigm," said Dr. Jin Huang. "We believe that HybriU brings the education industry its first fully integrated, interactive, online and offline instruction platform. This places Ambow at the cutting edge of a game-changing transition toward hybrid learning with HybriU's ability to facilitate borderless education opportunities by removing historical barriers between online and offline, languages and regions, as well as academia and industry.” To sign up for a free demo of HybridU, visit http://www.hybriU.com or www.ambow.com. Ambow Education Holding Ltd. is a leading cross-border career educational and technology service provider, offering high-quality, individualized services and products. With its extensive network of regional service hubs complemented by a dynamic proprietary learning platform and distributors, Ambow provides its services and products to students in China and United States of America. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Kevin Derrivan kderrivan@amboweducation.com Company Website https://www.ambow.com/

July 31, 2023 09:15 AM Eastern Daylight Time

New Research by nsKnox and Treasury Dragons: Treasurers Are Underestimating the Vast Scale of Corporate Payment Fraud

nsKnox

nsKnox, the leader in Global Bank Account Validation and B2B Payment Security, together with Treasury Dragons, a global network for buyers, specifiers, and users of corporate treasury technology, released a new research report titled “Is treasury in denial on payment fraud?”. The report reveals the alarming disparity between perception and reality regarding the cost and scale of B2B payment fraud and how companies are protecting themselves from this threat. The survey’s results showed that almost nine in ten corporations experienced at least one payment fraud attempt in the past year, with 61% of them reporting multiple fraud attacks annually, yet many corporate treasurers still don’t realize the scale of the problem. While 86% of those questioned said fraudsters had targeted their company, the same respondents significantly underestimated how widespread the problem is. Only just over half (51%) correctly estimated that more than 80% of firms were affected. The data comes from the first edition of the Payments Fraud Report and is based on responses from 100 corporate treasurers in organizations with annual revenues above $300M. The underestimation of the threat from payments fraud is reflected in the uptake of automated systems to detect and prevent fraud. Only 43% of treasurers said they had such a system for payables fraud (AP) and just 15% for receivables fraud (AR). At the same time, responsibility for tackling payments fraud remains a gray area for many. Just 23% of respondents thought the treasury should be responsible, while almost half said ‘all departments.’ “It’s clear from this research that payment fraud is underestimated, and the ownership for addressing this significant risk is unclear. There is more work to do if treasurers are to be effective in tackling the menace of payment fraud,” said Nithai Barzam, President and COO of nsKnox. “All our experience in detecting and preventing fraud suggests that this threat will continue to grow both in volume and sophistication, and an automated, technology-based approach is crucial to fending off that threat.” “Corporate payments fraud is a serious and growing threat,” said Llewelyn Mullooly, Head of Analytics at Treasury Dragons. “Yet our research shows that too many treasurers are unaware of just how widespread it is.” A full copy of the report is available at https://www.treasurydragons.com/paymentsfraud.html About nsKnox nsKnox is a fintech-security company enabling corporations and banks to prevent fraud and ensure compliance in B2B Payments. We help organizations avoid significant financial losses, heavy fines, and reputational damage. Leveraging its patented Cooperative Cyber Security™ (CCS) and groundbreaking Bank Account Certificate™ technologies, nsKnox’s solutions detect and prevent finance & ops infrastructure attacks, social engineering, business email compromise (BEC), insider fraud, and other Advanced Persistent Fraud attacks. nsKnox offers an end-to-end technology-driven solution, the PaymentKnox™ Payment Security Platform, that integrates with the company’s unique global account validation technology, master data security, and automated payment transaction scanning to eliminate the vulnerabilities of manual processes. About Treasury Dragons Treasury Dragons ( www.treasurydragons.com ) is the global network for buyers, specifiers and users of corporate treasury technology. More than 12,000 treasury professionals attend online events to review rival solutions or receive news, reviews and research. For media inquiries, please contact: nsKnox: Assaf Dargan VP Marketing, nsKnox Email - assaf.dargan@nsknox.net Tel: 972-52-720-2701 Treasury Dragons: Llewelyn Mullooly Head of Analytics Email - llewelyn.mullooly@adaugeomedia.com Contact Details nsKnox Assaf Dargan +972 52-720-2701 assaf.dargan@nsknox.net Company Website https://nsknox.net/

July 31, 2023 07:00 AM Eastern Daylight Time

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News Release

RocketFuel sees 1,500% increase in customer traction following success of new products launch

RocketFuel Blockchain

Rocketfuel Payment Solutions CEO Peter Jensen joined Steve Darling from Proactive to share news about the company's recent growth and success. Rocketfuel has experienced a significant increase in customer traction within just 30 days, driven by the successful launch of new products and the acquisition of three large-scale customers. The transaction volume has skyrocketed from 110 transactions per day in June 2023 to an impressive 1,600 transactions per day in July 2023. This remarkable growth represents an astounding increase of approximately 1,500% in just one month. With the rapid pace at which the company is progressing, RocketFuel is confidently expecting to achieve cash flow positivity by September 2023. Jensen explained that RocketFuel provides online shoppers with a simple and user-friendly one-click checkout process that accepts payments through various methods, including bank transfers, Bitcoin, and over 120 cryptocurrencies. This innovative payment solution offers merchants significantly lower fees and a range of benefits, including no chargebacks, no card declines, and a settlement guarantee, ensuring that merchants always receive the full amount for their products in their local currency. The success of RocketFuel's new products and its ability to attract large-scale customers in such a short period is a testament to the company's commitment to delivering convenient, secure, and cost-effective payment solutions for both merchants and online shoppers. As the company continues to expand its customer base and enhance its offerings, it is well on its way to becoming a prominent player in the payment solutions industry. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

July 28, 2023 01:16 PM Eastern Daylight Time

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WHAT'S COOL FOR SCHOOL 2023

News Media Group, Inc.

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

July 28, 2023 06:00 AM Eastern Daylight Time

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ActivePort Group success has "far exceeded expectations"

ActivePort Group Ltd

ActivePort Group Ltd (ASX:ATV) CEO Peter Christie speaks to Thomas Warner from Proactive about how the Australian software-defined networking (SDN) solutions company has been performing and what investors can expect from it in the future. Christie introduces the company, highlighting its primary focus on the telecommunications sector - a sector that he describes as undergoing a period of profound change at the moment. He explains that ActivePort offers a software tool that can automate processes on telecommunication providers' networks and allow customers to buy services through a web interface. The key value they deliver is efficiency, as their software drastically reduces the time it takes to connect new services, moving from weeks to just hours. Despite being listed on the ASX, the majority of their customers are overseas. Looking to the future, Peter envisions a highly profitable software business with strong revenue growth, given the high demand for their product in the rapidly expanding telecommunications industry. He plans to focus on building customer relationships and expanding opportunities for the company's growth, and says that the success achieved by the business so far has "far exceeded expectations." Contact Details Proactive Australia Pty Ltd Proactive Australia Pty Ltd +61 431 597 771 action.australia@proactiveinvestors.com

July 27, 2023 06:00 PM Eastern Daylight Time

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Polkastream: Revolutionizing the OTT Streaming and Metaverse Gaming Industry

Polka Stream

The entertainment industry, particularly in the realms of streaming and gaming, presents a colossal market opportunity. Just on YouTube alone, users collectively consume over 1 billion hours of content daily. As digitalization advances, the streaming and gaming sectors are expected to experience substantial growth in the coming years. In that instance, the market needs an integrated and intelligently monetized over-the-top (OTT) streaming and Metaverse gaming platform to harness the power of leaders in blockchain technology such as Binance Smart Chain (BSC), Polygon, Solana, Polkadot, and more to reward its streamers and gamers immersively. Recognizing this massive opportunity, Polkastream was created in 2021 alongside its own Metaverse, the Polkaverse. Core Ecosystem At the heart of the Polkastream ecosystem lies its native token, $PSTR, which intelligently monetizes the platform by rewarding all streamers, gamers, protocol contributors, partners, and active community members. Audited by Solidproof, $PSTR is minted on BSC with a total supply of 1 billion tokens. Through its Automated Rewards Farming (ARF) feature, $PSTR rewards long-term holders by incurring a 4% fee per transaction on-chain, with 3% redistributed to holders and 1% permanently burned. The burning mechanism ceases once the supply is halved to 500 million tokens while the entire 4% fee per transaction is redistributed to holders. $PSTR can even be converted to PKV at a 1:1 ratio within the Polkaverse, enabling users to engage in over 40 upcoming social activities and games. Moreover, $PSTR serves as the voting token for the Polkastream Decentralized Autonomous Organization (PDAO). Investors and Partnerships Polkastream has attracted significant investors and partners, securing funding from prominent venture capital (VC) firms such as ParaVentures and Insignius Capital to realize its vision. It has also partnered with SupraOracles as its blockchain oracle solutions provider and Solidproof as its smart contract auditor. Ongoing collaborations continue to develop, including a recent partnership with GemPad which will host a $PSTR special sale, allowing early community members to have the same investment opportunity as a VC in the Polkastream protocol. After the $PSTR special sale event hosted on GemPad, PDAO will host multiple IDOs and IEOs, listing the token on many reputable centralized and decentralized exchanges. As of this article, LBank, BitMart, and Coinstore are the first three exchanges selected for a $PSTR IEO and listing. Many other potentials, such as Gate.io, DAO Maker, and Seedify, are also being discussed through private Telegram groups with the respective teams. Product and Roadmap Polkastream Studios has already developed a fully operational platform prototype at polkastream.io. The initial version of its Metaverse, Polkaverse 1.0.0 (PKV100), is built on Unreal Engine 5 (UE5) and available at polkaverse.app on Windows, macOS, and Linux. Polkastream has an extensive lineup of products in its pipeline. The next iteration of the Metaverse, Polkaverse 1.1.0 (PKV110), is scheduled for release and will address existing bugs in PKV100 while introducing additional features. This release will be followed by Polkaverse 2.0.0 (PKV200), transforming this innovative Metaverse into a play-to-earn (P2E) game with live NFT assets. Users can acquire the Polkaverse in-game assets directly through the Polkatsream NFT marketplace at nfts.polkastream.io, the official Polkaverse OpenSea collection, and other NFT marketplaces. These epic NFTs offer $PSTR rewards and many social activity and gaming utilities within the Polkaverse. For a comprehensive overview of completed milestones and upcoming developments, please refer to the detailed roadmap on the protocol’s website. Web 3.0 Community The Polkastream Web 3.0 community led by PDAO is global and diverse, reaching every corner of the world. Telegram channels in the 11 most commonly spoken languages facilitate communication and a fully inclusive Discord server at discord.gg/polkastream allows members to enjoy music, movies, and TV shows, learn from Web 3.0 podcasts, and discuss and share ideas about Polkastream's concept and implementation. An informative Medium article explains all the fun and rewarding community engagement activities on this exceptional Discord server. The protocol has also cultivated an active Twitter community through its Polkastream and Polkaverse channels. Furthermore, over 100 PDAO members, all driven by a shared passion for the protocol, actively support the project through AMAs, Twitter activities, Discord chats, and more. Business Objective Polkastream is poised to become the leading OTT streaming and Metaverse gaming platform for the Web 3.0 revolution. With an inclusive community, an impressive Metaverse built on UE5 offering immersive $PSTR rewards, and a talented and dedicated team, PDAO is positioned to impact the blockchain streaming and gaming industry significantly. Stay tuned for the upcoming articles on incredible features, products, and events, including a detailed breakdown of the $PSTR IDOs and IEOs, followed by listings slated for September! Learn all you need to know about the Polkastream protocol via these links: Website: https://polkastream.io/ LinkedIn: https://linkedin.com/company/polkastream-studios Medium: https://medium.com/polkastream PKV Intro Video: https://youtu.be/U0RUQE-RWBc PSTR Intro Video: https://youtu.be/bEgEipxV24c Contact Details Polkastream Mustafa Mael info@polkastream.io Company Website https://polkastream.io/

July 27, 2023 02:09 PM Eastern Daylight Time

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4GLOBAL "very pleased" with final results and looking to the future

4GLOBAL PLC

4GLOBAL PLC (AIM:4GBL) CEO Eloy Mazon speaks to Thomas Warner from Proactive London following the release of audited final results for the year ended 31 March 2023. Mazon gives his highlights from the news release, saying that "all in all we are very pleased with the year", which was the company's first as a listed entity. Group revenues for the year ending 31 March 2023, grew by 53% to £5.6mln, with basic earnings per share closing at 2.4p compared to losses of 7.1p in 2022. Mazon says that strong demand from international markets played a significant role in the results and aligning with the company's growth strategy. Looking ahead, Mazon says 4GLOBAL PLC is focusing on capitalising on the strong demand, particularly in the North American market, where they have established key relationships and commercial partnerships. He explains that commercial partnerships, like the recent one with Jonas Fitness in the US, provide a valuable route to market and complement their product offerings and client onboarding capabilities. As the market shifts towards valuing data and insights, 4GLOBAL PLC aims to leverage its extensive database and technology for cleansing and transforming data into actionable insights. They also have plans to explore AI integration with a view to providing more valuable insights to their customers. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

July 27, 2023 10:43 AM Eastern Daylight Time

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PathAI Launches its AI-Powered PathExplore Data Access Program for Academic Researchers

PathAI

PathAI, a global leader in AI-powered pathology, today announced it has applied its PathExplore panel of human interpretable features (HIFs) on publicly available samples from The Cancer Genome Atlas (TCGA), a comprehensive resource of oncology data containing genomic and outcomes data, along with associated H&E whole-slide images (WSIs). PathAI will make the HIFs from eight TCGA cancer types available for free as a data access program for academic researchers to perform independent research to support their own investigations. Earlier this year, PathAI launched PathExplore, an AI-powered panel of HIFs offering unprecedented resolution of the tumor microenvironment (TME) from digitized H&E slides. Powered by artificial intelligence, PathExplore spatially characterizes the TME with single-cell resolution, giving researchers the ability to unlock insights on patient response, drug pathways, and potential novel biomarkers. The ability to characterize and quantify histopathological features of the TME will enable new avenues of disease research, and may lead to promising new therapies. With this PathExplore HIF research data set, oncology researchers can analyze tissue compositions, cell populations, and how their quantities and spatial relationships correlate with molecular signatures, treatment response or prognostic outcomes. This data set is the first of its kind: no other widely available quantitative, structured data set based on histopathology exists. The features are standardized across indications, so researchers can glean new insights into the common or distinct TME characteristics of each tumor type or patient subset. Adding structured and standardized pathology data to TCGA enables a new set of multi-model investigations for researchers to pursue, all while lowering the barrier to integrating pathology image data into biomedical research that previously had been restricted to labs that had access to manual pathology analysis. “The TME has been a challenge to fully investigate due to the sheer amount of spatially distributed information contained within it,” said Mike Montalto, PathAI’s chief scientific officer. “Pathologists can assess the specimens and try to estimate how certain cell or tissue growth patterns are present in each patient, but they cannot exhaustively enumerate each and every relevant cell type under the microscope. That is what our PathExplore products provide - they not only accurately identify where each cell is located, but they provide structured and standardized feature tables that can enable next generation pathology research to be performed.” To learn more about PathAI’s PathExplore HIF research data set and apply for access, please reach out to pathexplore.hifs@pathai.com. If approved, there is no cost to academic researchers to access and use these data sets. PathExplore HIFs are for research use only and not for use in diagnostic procedures. Biopharma industry partners interested in purchasing a license to access PathExplore TCGA HIFs may reach out to bd@pathai.com for more information. PathAI is the only AI-focused technology company to provide comprehensive precision pathology solutions from wet lab services to algorithm deployment for clinical trials and diagnostic use. Rigorously trained and validated with data from more than 15 million annotations, its AI-powered models can be leveraged to optimize the analysis of patient samples to improve efficiency and accuracy of pathology interpretation, as well as to better gauge therapeutic efficacy and accelerate drug development for complex diseases. PathAI, which is headquartered in Boston, MA, and operates a CAP/CLIA-certified laboratory in Memphis, TN, is proud to have a team of 600+ innovative thinkers from around the globe. 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/

July 27, 2023 10:00 AM Eastern Daylight Time

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