TechMediaBreaks Archive - Page 89 of 168

FridayMay 24, 2024 12:44 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces GAMA as First Distributor for the Balkans Region of Southeastern Europe

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced GAMA as a new European distribution partner. GAMA will offer the company’s full commercial EV product lineup in the Balkans Region of southeastern Europe, which includes Bosnia Herzegovina, Serbia, Montenegro, Croatia, Slovenia, Macedonia, Albania, Greece and Bulgaria. GAMA’s initial vehicle order includes 53 commercial EVs, consisting of urban delivery vehicles and commercial vans and trucks. According to the announcement, GAMA has extensive experience with EVs in the Balkan market and has distributed over 300 vehicles in the last year including private and municipal sales. “This is part of…

FridayMay 24, 2024 9:32 am

TechMediaBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Announces Need for Additional Time to Complete 2023 Annual Report

HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and advanced data services, needs additional time to complete the audit of its annual 2023 financial statements; the company also needs additional time to file its 2023 annual report. The company noted that its recent acquisition of QPoint along with efforts to finalize a debt restructuring has resulted in the need for additional time. Both these key milestones should increase the company’s financial stability and enhance its operational capabilities. “The company has received a notice from the NASDAQ Stock Market LLC indicating noncompliance with NASDAQ Listing Rule 5250(c)(1)…

ThursdayMay 23, 2024 3:11 pm

TechMediaBreaks – Bravo Multinational Inc. (BRVO) Tapping into Growth Projected Within Various Segments of the Streaming Market

Bravo (OTC: BRVO) finalized the acquisition of certain streaming assets of Streaming TVEE, Inc., including the TVee NOW(TM) streaming platform, which delivers content directly to users via the internet. The beta version of TVee NOW launched in Q1 2024. “The acquisition enabled Bravo to own cutting-edge, over-the-top (‘OTT’) streaming technology, allowing it to deploy a hybrid model that blends advertising-based video-on-demand (‘AVOD’) and subscription-based video-on-demand (‘SVOD’) services… Bravo is nonetheless also looking to form partnerships with Free Ad-Supported Streaming Television (‘FAST’) channels to enrich its platform with even more content,” a recent article reads. “Bravo’s move to acquire and subsequently…

ThursdayMay 23, 2024 2:41 pm

TechMediaBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Eyes ‘Additional and Large Deals,’ Continuing Success

SOBR Safe (NASDAQ: SOBR) (“SOBRsafe”), a provider of next-generation transdermal alcohol detection and monitoring solutions, directed its sales efforts toward the behavioral health (alcohol recovery and mental health) and the justice segments beginning in the fourth quarter of 2023. “Contemporaneously, the company launched SOBRsure(TM), a wearable wristband that utilizes the same SOBRsafe hardware and software platform for ongoing, real-time alcohol monitoring and GPS tracking. SOBRsure complements the company’s point-of-care alcohol screening product, SOBRcheck(TM), with both products fitting the behavioral health and justice segments to a tee,” a recent article reads. “SOBRsafe Chair and CEO Dave Gandini discussed the success of…

ThursdayMay 23, 2024 2:19 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces Fourth New Contract Win in North America in 2024

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, today announced it has secured a new contract in North Carolina to provide housing and evidence-based case management services to youth and those transitioning from housing. According to the announcement, this program aims to support youth reentering the community, ultimately aiding in their successful integration and reducing recidivism. This program is expected to begin in the summer of 2024 and is set to run for an initial term of two years, with the client indicating plans to extend the program after this two-year…

ThursdayMay 23, 2024 2:14 pm

TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) Announces Official Launch of Business Partner Referral Program to Accelerate Sales

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a leading Swiss-hosted secure and private communications platform, is announcing the official launch of its Sekur Business Referral Program. This initiative is intended to drive sales through business partners and large networkers, with the goal of achieving profitability by the end of 2024. It is designed to rapidly and efficiently expand Sekur’s user base to 10,000 projected users by year-end. The program is tailored for organizations or independent professionals who wish to refer Sekur to their client base. Under the program, business partners will receive a percentage of sales referred by…

ThursdayMay 23, 2024 1:31 pm

TechMediaBreaks – Genasys Inc. (NASDAQ: GNSS) Secures $15M Two-Year Senior Secured Term Loan

Genasys (NASDAQ: GNSS), the leader in protective communications solutions, recently closed a $15 million two-year senior secured term loan with an institutional investor. The institutional investor is experienced in government contracts and specifically conducting business in Puerto Rico and with Genasys’ customer there, PREPA. The announcement noted that proceeds from the financing will be used for working capital and other general corporate purposes, enabling continuing growth of the company’s software business as well as facilitating delivery against the previously announced project award in Puerto Rico. Secured by substantially all of the company’s assets, the loan is non-amortizing and is due…

WednesdayMay 22, 2024 2:09 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) CEO Urges Leaders to Plan for AI and Quantum Future

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, today announced that Dr. Alan Baratz, CEO of D-Wave, has published a new guest column as part of the Forbes Technology Council that calls upon business leaders to immediately prioritize the exploration of quantum computing as they continue to accelerate their artificial intelligence (AI) adoption. In his column, Dr. Baratz explains that as AI continues to advance, it also consumes significant amounts of energy, and quantum computing could be used to identify and develop more powerful and sustainable AI models. “With sustainability now an added…

WednesdayMay 22, 2024 12:33 pm

TechMediaBreaks – SUIC Worldwide Holdings Ltd (SUIC) Targeting Sustained Growth Driven by Cutting-Edge Technologies

SUIC Worldwide Holdings (OTC: SUIC), a provider of research and development, venture financing and investment for private and public companies, and Beneway Holdings Group, Ltd. USA, SUIC’s major operating partner, recently rolled out a proprietary system. “The B2B2C system is a superior all-in-one payment and total financing solution that combines the capabilities and benefits of SUIC’s B2B e-commerce model with those of its proprietary B2C platform… It provides a platform that facilitates financing and other business operations, thus offering strategic planning functions that blend business financing and fintech solutions with inventory management systems. This, the company says, complements and bolsters…

WednesdayMay 22, 2024 10:54 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN), Bollinger Partner with EnviroCharge to Create Innovative Mobile Charging Solution

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and Bollinger Motors, a majority-owned company of Mullen, is partnering with EnviroCharge, a provider of convenient and flexible charging solutions, to create an innovative mobile charging solution for electric vehicle fleet owners; the solution enables EV owners to charge their vehicles quickly and easily anytime, anywhere. According to the announcement, Mullen and Bollinger have sold 50 vehicles to EnviroCharge, which will install its mobile, clean-propane-powered charging system on the Bollinger B4 chassis cab, an all-electric Class 4 commercial truck. The agreement between the companies has an estimated deal value of $8,250,000 for…

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