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MedCognetics Introduces the First Embedded AI Cancer Detection System for Mammography Imaging

MedCognetics

MedCognetics, Inc., a company focusing on medical imaging AI, today announced the successful testing and implementation of the first embedded AI image processing and cancer detection system for mammography. The system utilizes the NVIDIA IGX Orin TM medical-grade edge AI platform alongside MedCognetics’ advanced AI-enabled software, CogNet AI-MT, which was developed in collaboration with clinical leaders worldwide. CogNet AI-MT has been trained on a diverse global dataset to enhance the performance of radiologists and help improve patient outcomes worldwide. Incorporating MedCognetics’ new system would allow for AI-driven image enhancement and cancer detection to occur in real-time within the mammography device itself. The embedded solution eliminates latency, delivering immediate, high-quality image analysis, a significant improvement over traditional setups that require external workstations or cloud-based processing. This approach is poised to improve patient outcomes through faster results, enhanced image quality and reduced hardware costs. “Embedding our CogNet AI-MT software directly into mammography imaging equipment means we can enhance image quality and provide immediate cancer detection without the need for costly hardware upgrades,” said Debasish “Ron” Nag, CEO of MedCognetics. “Using the NVIDIA IGX platform, we’re advancing medical imaging technology, making high-quality diagnostic tools more accessible to radiologists and imaging centers around the world.” The NVIDIA IGX Orin platform combines enterprise-level hardware, software, and support. It is purpose-built for industrial and medical edge computing. The platform delivers the performance, durability, security, and safety required for advanced AI applications and features programmable safety extensions, commercial OS support, and powerful AI software. These capabilities, equip organizations to confidently deploy AI safely and securely for enhanced human and machine collaboration. The embedded AI system developed by MedCognetics offers several key benefits: On-Premises Device: Rapid, complete analysis right in the radiology workflow. Enhanced Image Quality: AI-driven enhancements improve the clarity and detail of images without requiring high-end, expensive hardware. Immediate Results: Processing occurs within the device, providing instant analysis and reducing the wait time for results. Cost Efficiency: Medical device manufacturers can achieve high-end image quality at a fraction of the cost by utilizing AI rather than upgrading hardware. Workflow Optimization: Enables worklist prioritization and clinic-determined workflow optimization, enhancing the accuracy and efficiency of radiologists and imaging centers. Easy Upgrades and Maintenance: Software-based solutions are easier to update and maintain, helping to ensure that medical imaging equipment remains cutting-edge without frequent hardware replacements. Earlier this year, MedCognetics was awarded a groundbreaking patent by the United States Patent and Trademark Office (USPTO) for its inclusive, unbiased medical imaging AI technology in mammography. Its expertise in embedded engineering, combined with the NVIDIA IGX platform, is poised to significantly advance medical imaging technology. This work underscores the importance of integrating AI into medical devices to enhance diagnostic capabilities and patient care. For more information about this new embedded AI cancer detection system, visit here. About CogNet AI-MT® CogNet AI-MT is part of MedCognetics' comprehensive CogNet AI™ platform, designed to enhance radiologists' capabilities by expanding insights and awareness in medical imaging. This unbiased platform, trained on a diverse global dataset, advances the performance of radiologists and imaging centers, delivering accurate care for patients worldwide. CogNet AI-MT employs advanced AI and Machine Learning (ML) to detect early signs of cancer across all ethnicities and can be deployed on customer premises, in the cloud, or via the web. The platform is FDA 510(k) cleared for triage of mammogram images. Useful Links: Learn More: www.medcognetics.com Follow us: X | LinkedIn Sales and Partnership Inquiries: Please contact MedCognetics, Inc. at: media@medcognetics.com About MedCognetics, Inc. MedCognetics provides an advanced AI software platform that integrates into radiology workflow. In addition, the AI algorithm is trained on a diverse global patient dataset to mitigate data biasing. The future of AI in healthcare is unbiased services and MedCognetics is at the forefront of creating a more predictable medical outcome and ultimately saving lives. Founded in 2020, the company is based in Dallas, Texas. For more information, please visit our website at www.medcognetics.com. # # # Contact Details ANW Networks Alicia Nieva-Woodgate +1 415-515-0866 alicia@anwnetworks.com Company Website https://www.medcognetics.com

October 10, 2024 11:15 AM Eastern Daylight Time

HUSQVARNA® VIKING® Introduces Epic Quilt™ 97

SVP Worldwide

SVP Worldwide, the parent company of HUSQVARNA® VIKING®, a leader in the sewing industry, proudly announced today the launch of its latest innovation, the Epic Quilt™ 97, what quilt dreams are made of. The Epic Quilt™ 97 boasts a spacious workspace perfect for large projects, accommodating even king-sized quilts. With over 12" (310mm) to the right of the needle and a working area height exceeding 5.5" (140mm), it provides ample room for handling bulky materials. A particular standout feature of the Epic Quilt™ 97 is its sewing projection technology, allowing quilters to preview their stitches before sewing. Stitch preview ensures perfect placement every time. The adjustable lines, angles, and grids in sewing mode make aligning stitches effortless, saving valuable time while achieving precision. The Epic Quilt™ 97 also comes equipped with meticulously designed accessories that enhance creativity and ease of use. Included are advanced accessories providing quilters with the tools needed to elevate their craft to new heights including an Extension Table with Adjustable Guide, Rotating Self Healing Cutting Mat (12” x 12”), Rotary Cutting Tool + Replacement Blades, Ruler Set (6” x 12” and 6” x 6” sizes), Free Motion Ruler Foot, Quilt Binder, HUSQVARNA® VIKING® Universal Needles 80/12 5-Pack and the HUSQVARNA® VIKING® Quilting Needles Assorted Sizes 5-Pack. "We are excited to unveil the Epic 97Q, a groundbreaking advancement in our tradition of innovation,” stated Jason Zielke, chief product officer at SVP Worldwide. “Leveraging AI technology, the machine recommends the optimal sewing foot setup for each stitch, and the built-in projection system simplifies the process of creating complex stitches leading to exceptional precision and quality. We added to this machine a suite of the most important accessories that will advance the quilting experience. The Epic 97Q combines our rich heritage with cutting-edge technology, empowering you to create intricate, beautifully executed quilts with unparalleled ease and accuracy." The Epic Quilt 97 is now available online. For more information, please visit our website at www.husqvarnaviking.com. Media Assets About SVP Worldwide SVP Worldwide is the world’s largest consumer sewing machine company, accounting for approximately one out of every three sewing machines sold globally. The company’s iconic brands - SINGER®, VIKING®, PFAFF®, and mySewnet™, have collectively delighted consumers for over 170 years with a distinct heritage and global fanbase. These premium brands and products are regarded as the first-rate choice for a range of consumers from serious sewists to beginners in crafting. SVP Worldwide operates facilities around the globe that support designing, manufacturing, selling, and supplying the world’s most iconic sewing machine brands. Headquartered out of Nashville, TN (USA) with operations internationally, SVP Worldwide boasts regional headquarters, manufacturing facilities, and commercial offices across Europe, South America, Asia, and Australia. Combined, SVP reaches consumers in more than 180 countries on five continents. SVP brands and products are sold online at www.Singer.com and across a network of sewing machine dealers, mass, online, and specialty retailers, distributors, and through the company’s 130+ internally operated retail stores. In 2021, Platinum Equity acquired the controlling stake in SVP-Singer Holdings, Inc., and its wholly owned subsidiaries ("SVP Worldwide"). To learn more, visit www.svpworldwide.com. Contact Details Razor Sharp PR Ray Young +1 512-694-6097 ray@razorsharppr.com

October 10, 2024 10:00 AM Central Daylight Time

RevUpX: Innovative Zero-Fee Credit Card Processing Firm Takes Off

RevUpX

RevUp Transactions (RevUpX), a dynamic new player in the merchant services industry, has been shifting into high gear since its summer launch. The company specializes in delivering tailored credit card processing solutions designed to meet the unique needs of underserved auto dealerships. Founded by industry veteran Joe Doyle, RevUpX offers compliant Zero-Fee Credit Card Processing, enabling dealerships and other merchants to save big on processing fees while providing greater payment flexibility to their customers. “Auto dealerships have been missing out on significant savings due to a lack of awareness or understanding of zero-fee processing programs," said Doyle. "We created RevUpX to bridge this gap, offering a simple, compliant solution that allows businesses to retain more revenue while providing a seamless customer experience." As a Direct Partner of CardConnect and Fiserv Inc., RevUpX leverages the strength of these industry heavyweights in payment processing, bringing unmatched scale and innovation to RevUpX’s offerings. Doyle, a prominent figure in the merchant services industry with more than 25 years of experience, is the driving force behind RevUpX. After overseeing the acquisition of his previous company, MerchantPro Express, by CardConnect, Doyle founded RevUpX to deliver customized, high-value solutions to the automotive industry. To bring his vision to life, Doyle assembled a team of seasoned industry veterans who share his passion for innovation and commitment to exceptional client service. “In a complex industry like ours, a proven team is essential,” Doyle explained. His trusted roster includes longtime collaborators with decades of experience and a strong track record of success. With RevUpX, auto dealerships now have a powerful opportunity to transform their payment systems while significantly cutting costs. It’s a game-changing approach that helps position dealerships to stay competitive in an evolving market, driving long-term growth and success. For more information or to schedule a meeting visit RevUpX.com or contact Joe Doyle directly at or 516-721-2705 or jdoyle@revupx.com. RevUp Transactions LLC (RevUpX) is a leading-edge merchant services provider dedicated to eliminating credit card processing fees for auto dealerships through innovative approaches. RevUpX is a registered partner of CardConnect Merchant Service and Fiserv, Inc. Contact Details RevUp Transactions Joe Doyle +1 516-721-2705 jdoyle@revupx.com

October 10, 2024 10:05 AM Eastern Daylight Time

More Americans are Living Paycheck to Paycheck Despite Increased Budgeting

Debt.com

Debt.com’s 2024 budgeting survey, which polled 1,000 Americans, paints a complex financial picture. Although a growing number of people are adopting budgeting practices and recognizing the benefits of avoiding debt, the percentage of individuals managing with just enough each month has increased by 10% over the last two years. In 2022 and 2023, 50% of respondents reported living paycheck to paycheck; this year, that figure has risen to 60%. At the same time, 90% of those surveyed now say they budget, up from 70% when the survey was first conducted seven years ago. “Debt.com’s latest survey shows that while budgeting is becoming more widespread and helpful, it hasn’t entirely protected Americans from financial difficulties,” Howard Dvorkin CPA and chairman of Debt.com One bright spot is the percentage of people who say budgeting has helped them get out of or stay out of debt, increased to 89% this year from 73% in 2018. Millennials lead the way, with 92% reporting that budgeting has kept them out of debt, followed by 90% of Gen X, 86% of Baby Boomers, and 83% of Gen Z. The survey also highlights the reasons people began budgeting: 38% – Increasing wealth and savings 21% – Tackling debt 17% – Inflation and cost of living 15% – Saving for retirement 6% – Job loss 2% – Divorce or loss of a spouse “The rising number of people living paycheck to paycheck indicates that economic factors may be driving the need for individuals to fine-tune their budgeting strategies,” Howard Dvorkin Of those who say they budget, 39% say their whole household works to stay on budget. The survey also shows that, overall men (94%) are budgeting more than women (87%). The top reason women cited for not budgeting was that they “don’t have much income,” while men primarily said it’s “too time-consuming.” Researches in Spanish on Debt.com: https://www.debt.com/es/investigaciones/ Debt.com is a consumer website where people can find help with credit card debt, student loan debt, tax debt, credit repair, bankruptcy, and more. Debt.com works with vetted and certified providers that give the best advice and solutions for consumers “when life happens.” Contact Details Debt.com Jill Randolph JRandolph@mediamgmtgroup.com Company Website https://www.debt.com/

October 10, 2024 09:15 AM Eastern Daylight Time

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Direxion Unveils Broadcom and Micron Technologies Single Stock Leveraged and Inverse ETFs

Direxion

One week after the launch of four additional Single Stock Leveraged and Inverse ETFs, Direxion, a leading provider of tradeable ETFs, today announced bringing two more semiconductor pairs to market. The four new funds allow active traders to obtain magnified, or inverse, exposure to the daily performance of the common stock of Broadcom Inc., or Micron Technologies Inc., through either the Direxion Daily AVGO Bull 2X Shares ( Ticker: AVL ) and Direxion Daily AVGO Bear 1X Shares ( Ticker: AVS ), or the Direxion Daily MU Bull 2X Shares ( Ticker: MUU ) and Direxion Daily MU Bear 1X Shares ( Ticker: MUD ). “Direxion is the leader in the semiconductor sector of the leveraged and inverse ETF universe, with over $13B in assets across the suite,” said Direxion Managing Director, Edward Egilinsky. “With the launch of the Broadcom and Micron Technologies ETFs, Direxion now has the largest suite of single stock leveraged and inverse ETFs as well.” As ground-breaking products built for active traders, Direxion’s pairs of single stock leveraged and inverse ETFs are meant to be used for short-term trading purposes. Leveraged and inverse single stock ETFs should not be viewed as buy and hold investments, but rather trading tools for traders with a high risk tolerance. In addition, unlike traditional ETFs, or even other levered and/or inverse ETFs, these ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged ETFs are right for you. About Direxion: Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxion’s reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $48.6 billion in assets under management as of September 30, 2024. For more information, please visit www.direxion.com. There is no guarantee that the Funds will achieve their investment objectives. For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214. An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866.476.7523 or visit our website at direxion.com. A Fund’s prospectus and summary prospectus should be read carefully before investing. Investing in the funds involves a high degree of risk. Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these leveraged and/or inverse single-stock ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged and inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stock’s performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Funds will lose money if the underlying stock’s performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stock’s performance increases, and the Bear Fund will lose money even if the underlying stock’s performance decreases, over a period longer than a single day. Investing in the Funds is not equivalent to investing directly in AVGO or MU. Semiconductor Industry Risk – Semiconductor companies may face intense competition, both domestically and internationally, and such competition may have an adverse effect on such companies’ profit margins. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Companies in the semiconductor industry may have products that face obsolescence due to rapid technological developments and frequent new product introduction, unpredictable changes in growth rates and competition for qualified personnel. Broadcom Inc. Investing Risk – Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. The value of an individual security or particular type of security may be more volatile than the market as a whole and may perform differently from the value of the market as a whole. As of the date of this prospectus, in addition to the risks associated with operating companies and companies in the semiconductor sector, AVGO faces risks associated with: the highly competitive nature of the semiconductor industry; failure to realize expected benefits from mergers, acquisitions and other joint ventures; economic and market uncertainty; reduced demand for its products; potential concentration of revenues in a few large clients; among other risks. Micron Technology, Inc. Investing Risk – Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. The value of an individual security or particular type of security may be more volatile than the market as a whole and may perform differently from the value of the market as a whole. In addition to the risks associated with companies in the technology sector and semiconductor industry, Micron Technology, Inc. faces risks associated with: volatility in selling prices of its products; the ability to develop and produce new and competitive technologies and products; the highly competitive nature of the semiconductor industry; its international operations, including geopolitical risks; availability and quality of materials, supplies, and capital equipment and dependency on third-party service providers; cybersecurity attacks and data breaches; among other risks. Direxion Shares Risks – An investment in each Fund involves risk, including the possible loss of principal. Each Fund is non-diversified and includes risks associated with a Fund concentrating its investments in a particular security, industry, sector, or geographic region which can result in increased volatility. A Fund's investments in derivatives such as futures contracts and swaps may pose risks in addition to, and greater than, those associated with directly investing in securities or other investments, including imperfect correlations with underlying investments or the Fund's other portfolio holdings, higher price volatility and lack of availability. As a result, the value of an investment in a Fund may change quickly and without warning. Risks of the Funds include Effects of Compounding and Market Volatility Risk, Derivatives Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Broadcom Inc. or Micron Technology, Inc. Investing Risk, Market Risk, Industry Concentration Risk, Cash Transaction Risk, Indirect Investment Risk, and risks specific to the technology sector and semiconductor industry. Additional risks include, for the Direxion Daily AVGO Bull 2X Shares and Direxion Daily MU Bull 2X Shares, Leverage Risk and Daily Correlation Risk, and for the Direxion Direxion Daily AVGO Bear 1X Shares and Direxion Daily MU Bear 1X Shares, Shorting or Inverse Risk as well as Daily Inverse Correlation Risk. Please see the summary and full prospectuses for a more complete description of these and other risks of the Funds. Distributor: ALPS Distributors, Inc. Contact Details Ditto Public Relations Danielle Black, AD direxion@dittopr.co Company Website https://www.direxion.com/

October 10, 2024 09:00 AM Eastern Daylight Time

NAVEX Lance « La Conformité en France : Le Guide Ultime »

NAVEX Global

NAVEX, le leader mondial des logiciels et services de gestion de la gouvernance, des risques, et de la conformité (GRC), a annoncé le lancement de « La conformité en France: Le guide ultime ». NAVEX aide plus de 13 000 entreprises à travers le monde à gérer et à atténuer les risques en toute confiance. Les programmes de conformité doivent jouer un rôle crucial quotidien à la fois pour garantir le respect des réglementations et pour cultiver une culture éthique. Le lancement d’alerte étant un élément clé de ces efforts. Jan Stappers, directeur des solutions réglementaires chez NAVEX, affirme: « Les organisations pourraient passer à côté d’opportunités si elles ne disposent pas d’un canal pour alerter les gens des risques ou dangers potentiels. Le lancement d’alerte est la meilleure source d’informations sur les actes répréhensibles réels ou potentiels, mais avec autant de réglementations à respecter, le risque actuel est que les entreprises effectuent des exercices de vérification plutôt que d’adopter une approche plus intégrée. » La première partie du guide offre un aperçu détaillé du paysage actuel du lancement d’alerte en France, y compris une explication du contexte culturel et d’informations sur la façon dont le système français se compare à d’autres dans le monde. Une plongée dans les données de lancement d’alerte montre que les niveaux de signalement français augmentent mais restent bas par rapport aux normes européennes, tandis que les rapports français sont moins susceptibles d’être anonymes et ont tendance à prendre plus de temps à traiter que ceux d’autres pays. De plus, la deuxième partie de ce guide présente le cadre réglementaire français, en mettant l’accent sur les défis critiques de conformité et les questions extraterritoriales qui peuvent être particulièrement difficiles à maîtriser pour les entreprises. Au sens large, le respect de toutes les réglementations existantes est devenu un défi majeur, de nombreuses entreprises ne disposant pas de la bande passante nécessaire pour suivre l’évolution du paysage réglementaire. Enfin, la troisième partie de ce rapport couvre en profondeur les lois et réglementations qui sont importantes pour toute entreprise cherchant à naviguer dans le paysage de la conformité et de l’alerte professionnelle en France. La France et le monde: les principales différences à savoir selon les données de NAVEX La France a un taux de lancement d’alerte inférieur à celui de l’Allemagne ou à la moyenne européenne, avec des niveaux de signalement en hausse mais toujours inférieurs aux normes régionales. Il existe des preuves que les rapports français sont plus susceptibles d’être justifiés, avec plus de la moitié s’avérant vrais contres seulement un tiers qui sont attestés en Allemagne. Les rapports français sont beaucoup moins susceptibles d’être anonymes que les pratiques courantes dans d’autres pays et régions. Seulement la moitié des alertes françaises sont effectuées de manière anonyme, contre plus de deux tiers au Royaume-Uni, ce chiffre n’étant qu’en légère hausse ces dernières années. Il est suggéré que les personnes soulevant des préoccupations aujourd’hui ne le feront que s’ils soient plus confiants et directs dans leurs allégations. Les questions de RH, de diversité et de lieu de travail dominent les rapports en France. Les questions de RH, de harcèlement et de discrimination combinées ont représenté près de deux plaintes sur trois adressées aux entreprises françaises en 2023, tandis que les signalements liés aux conflits d’intérêts étaient les quatrièmes problèmes les plus fréquents et représentaient 10 % des signalements. Cliquez- ici pour télécharger le guide ultime de la conformité en France. À propos de NAVEX Des milliers de clients du monde entier font confiance à NAVEX pour les aider à atteindre les résultats qui comptent le plus. En tant que leader mondial des logiciels et services de gestion intégrée des risques et de la conformité, nous proposons nos solutions par le biais de la plateforme NAVEX One, le système d’information le plus complet du secteur en matière de gouvernance, de risque et de conformité (GRC). NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details NAVEX Anita Lo +1 617-388-5773 anita.lo@navex.com Company Website https://www.navex.com/fr-fr/

October 10, 2024 09:00 AM Eastern Daylight Time

Unlocking Elite Financial Strategies With Arta Finance

Benzinga

By James Blacker, Benzinga Digital wealth platform Arta Finance is on a mission to broaden access to sophisticated financial solutions. Traditionally, family-office-style investing was reserved for the ultra-wealthy, but many savvy investors are now realizing that this is no longer the case. Arta offers accredited investors access to elite fund managers and intelligent investment tools in public and private markets. By combining technology and deep financial expertise, Arta aims to empower individuals and families to take control of their financial futures. Expanding Access To Private Investments Arta provides investors with access to high-growth private investment opportunities such as private equity, venture capital, private credit and private real estate – products that were previously considered accessible only to institutional investors or ultra-high-net-worth individuals. For those looking to diversify beyond stocks and bonds, private investment options can offer low correlation with public markets, potentially reducing risk and improving long-term returns. Arta’s team of experts carefully curates a selection of high-quality funds from leading managers. Investors can start with minimums as low as $2,500 – which is significantly less than historically typical minimums for private funds – and low fees starting at just 0.5%. This makes it much easier for a wider audience to invest in private markets without many of the hurdles usually associated with this asset class. It’s easy to get started – it takes just a few minutes to create an account. If you need investment guidance, Arta also has investment experts available to discuss offerings in one-on-one sessions. Investing In Public Markets Outside of private investments, Arta offers an array of public market products that give investors exposure to global markets through a selection of ETFs. Leveraging advanced algorithms, Arta manages a range of diversified portfolios that align with each investor’s unique financial goals and risk tolerance. For example, the company notes that its High Yield Cash Reserve product offers a secure, high-yield cash alternative for investors looking to earn more on their idle cash while maintaining liquidity. Similarly, Arta’s Income Bonds product focuses on providing downside protection and income generation during periods of market volatility. Arta allows you to choose from a variety of algorithm-driven portfolios to match your goals and risk profile. This combination of high-tech automation and expert curation lets investors take a hands-off approach to growing their wealth. Tailored Investment Solutions Investors looking for more customization might want to consider Arta’s Structured Products. These are bespoke investment opportunities tailored for the current market environment and designed to align with specific financial objectives, such as capital preservation or yield generation. Each product has a limited investment window. Structured Products include a combination of securities and are crafted with the expertise of Arta’s investment team based on current market trends. They could be an ideal solution for those seeking a specific risk-reward approach in their portfolios. Personalized Index Portfolios Another feature that sets Arta Finance apart is Direct Indexing. Unlike traditional index funds, Direct Indexing allows investors to own individual securities within an index, offering the ability to tailor portfolios to personal values and financial goals. Investors can exclude up to 10 stocks from a given index or even create micro-indexes with up to seven key stocks. Wealth Management Services Arta also offers a suite of financial planning tools designed to help you grow and protect your money like the ultra-wealthy. Whether you want to leverage WealthGen Insurance for tax-advantaged growth, hedge your portfolio with options or optimize your tax and estate planning, Arta can help. You can also access personal assistant services to free up time and boost efficiency, all with the same elite level of service previously reserved for the ultra-wealthy. Gateway To Elite Financial Strategies More than just a digital wealth platform, Arta Finance says it offers a gateway to sophisticated investment strategies once reserved for the ultra-wealthy. Whether you want to grow your wealth in private or public markets, or if you are looking for personalized wealth management solutions, Arta uses state-of-the-art technology and investing expertise to broaden access to exclusive investment opportunities and empower investors to take control of their financial futures. Click here to learn more about how Arta Finance can help you grow and protect your wealth. Featured photo by Aura Finance from Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. This article is sponsored by Arta Finance Wealth Management LLC. Benzinga is not a client of Arta and has been compensated by Arta to provide this endorsement. The opinions expressed are based on the author's knowledge of Arta's services and are not indicative of future results. This article is for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any particular security. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 10, 2024 08:35 AM Eastern Daylight Time

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U Power And Velo Labs Team Up To Create Battery Bank Trading And Funding Platform

Benzinga

By Meg Flippin, Benzinga U Power Limited (NASDAQ: UCAR), the Chinese EV power solution company that offers a proprietary battery-swapping technology, is setting out to further electrify the market via a deal with Velo Labs Technology Ltd., a global fintech company. The two have entered into a memorandum of understanding to establish a battery infrastructure investment ecosystem in Thailand. The idea is to create a battery bank asset and fund trading platform based on Velo's blockchain technology. Through the platform U Power and Velo Labs hope to attract external funding to promote the large-scale development of the battery bank industry. A battery bank is a collection of batteries that are connected and store energy together. For EVs, the idea of the industry is to create battery bank stations around the country where drivers quickly swap out dead batteries for new ones. The trading platform would integrate battery assets from various "UOTTA" battery bank scenarios, including batteries for four-wheel and two-wheel electric vehicles, batteries from various battery swap stations and batteries used in energy storage projects. "Our partnership with Velo Labs demonstrates that as electric vehicles and other green applications develop on a large scale, battery banks will become increasingly important,” said Jia Li, Chairman and CEO of U Power, when announcing the deal. “Once the value system and trading model for battery assets are established, more investors will be attracted to enter this vast market in the future. Our UOTTA battery swap business serves as an ideal carrier for this model and will generate consistent returns for our shareholders." U Power’s Edge With U Power’s advanced technology, consumers and fleet operators can replace dead EV batteries with fully charged ones in under five minutes. That removes the time challenges, and with swapping stations eventually located throughout China, it eliminates the fear of running out of battery life. As of March 2023, U Power had a vehicle sourcing network of about 100 wholesalers and 30 dealers across China’s lower-tier cities. Last year, it sold and delivered six battery-swapping stations to four customers. All told, it has already sold eleven battery-swapping stations. As part of the collaboration between U Power and Velo Labs, the two will manage the entire lifecycle of battery assets, including battery cascade utilization, dismantling and environmentally friendly disposal and comprehensively improving battery utilization rates and residual value, U Power says. Velo Labs is a fintech based in the British Virgin Islands. It was co-founded in 2018 by Chatchaval Jiaravanon, a member of the Charoen Pokphand Group, which is Thailand's largest conglomerate. Velo Labs aims to create a trustless financial infrastructure that supports cryptocurrency payments and smart contracts, making financial transactions cheaper, faster and more accessible. Battery Swapping Trending U Power and Velo Labs collaboration comes at a time when battery swapping could be set to grow in China as the country embraces EVs as a way to fight global warming. The market size for battery swapping and electric commercial vehicles is projected to reach RMB 176,615.1 million in 2026, growing at a CAGR of 68.1% from now until then, according to a report by Frost & Sullivan cited by U Power. U Power is aiming to capitalize on it by forging partnerships and innovating in the market. In addition to its deal with Velo Labs, U Power counts Dutch electric vehicle company UNEX as well as Cornerstone Technologies Holdings Limited as partners. The EV market seems to be poised for growth as the world looks for greener alternatives, and trading the energy being collected and stored could emerge as a key trend. U Power and Velo Labs are banking on that with this collaboration. Featured photo by israel palacio on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 10, 2024 08:30 AM Eastern Daylight Time

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SBC Medical Group (Nasdaq: SBC) Earnings Update: H1 2024 Revenue Up 29% And Net Income Up 123%

Benzinga

By Gerelyn Terzo, Benzinga After successfully completing its business combination with Pono Capital in September, SBC Medical Group (NASDAQ: SBC) has been trading on the Nasdaq under the symbol “SBC”, marking a key moment in its transition as a global company The listing on the Nasdaq is expected to provide SBC Medical with access to capital while bolstering its partnership opportunities and paving the way for an expansion in the U.S. and South Asian markets. Tokyo-based SBC Medical has already gained a reputation as a go-to medical services company specializing in the aesthetic medical industry. After paving the way in Japan, where it reports it has built the biggest network of franchised clinics in the country, SBC Medical has now set its sights on an international expansion, including the broader South Asian and U.S. markets, where it intends to maintain the high standards which drove its growth in Japan. Led by renowned industry executive Dr. Yoshiyuki Aikawa, SBC Medical seems to have the wind at its back, as evidenced by a strengthening balance sheet in H1 2024. Despite economic headwinds, the company continued to grow its available cash in the period in excess of $115 million on a pro forma combined basis while also managing to increase net income more than twofold year-over-year and growing revenue while honing expenses. SBC Medical’s Financial Performance In H1 2024, SBC Medical reported revenue of $107.9 million, an increase of 28.6% compared to $83.9 million in the first half of 2023. SBC Medical more than doubled its net income to $37.2 million from $16.6 million in H1 2023. Growth Opportunities In Japan Given SBC Medical’s performance so far in 2024, the company has set its sights on further growth opportunities, particularly in Japan, where it says it already enjoys a competitive advantage. SBC recognizes an opportunity for further growth there as it continues to solve some critical pain points for doctors, allowing physicians to focus on their patients. SBC Medical’s fully digitized integrated system streamlines processes like customer flow and human resources, while its educational system offers a quality patient experience at its franchisees. Additionally, SBC’s extensive network of franchise clinics empowers doctors to hone their skill sets in diverse medical treatments. As for its expansion, SBC Medical is targeting adjacent areas such as fertility treatments, hair loss solutions and online clinic services, all of which present robust growth and profit potential. The company believes its reputation should pave the way for strategic business-to-business partnerships to accelerate growth. SBC Medical seems well-positioned to capitalize on these opportunities with its strong balance sheet. With its recent listing, SBC Medical’s growth story is just getting underway. Investors who are interested in taking a front seat to the action can learn more about the company here. Featured photos courtesy of SBC Medical Group. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 10, 2024 08:30 AM Eastern Daylight Time

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