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Reaffirming Leadership: Medit’s Strong Presence at IDS 2025

COLOGNE, Germany and SEOUL, South Korea, March 31, 2025 /PRNewswire/ — Medit, a global leader in digital dentistry solutions, made a significant impact at International Dental (IDS) 2025 by unveiling its latest innovations in intraoral scanning and comprehensive digital workflows. Alongside new product and solution launches, Medit engaged attendees with interactive events and expert-led lectures, further solidifying its role as an industry innovator.

Medit at International Dental (IDS) 2025
Medit at International Dental (IDS) 2025

New Product Launches at IDS 2025

  • Medit i900 classic: The latest addition to Medit’s intraoral scanner i900 Family lineup, offering high-speed performance and superior image quality.
  • Medit SmartX: A next-generation scanning solution designed to streamline the All-on-X workflow with enhanced accuracy and ease of use.

Introducing Medit’s Advanced Digital Solutions

  • Chairside Solution: From scanning to creating restorations, Medit’s chairside solution introduces a seamless workflow for in-office restoration. It optimizes efficiency for same-day dentistry.
  • Orthodontic Solution: A complete digital workflow tailored for orthodontic professionals, enhancing treatment planning and patient communication.
  • Implant Solution (Medit SmartX): A dedicated All-on-X workflow solution designed to simplify full-arch restorations.
  • AI Diagnostics & Consultations: Powered by Medit’s latest partnership with Pearl, this integration brings AI-driven diagnostic tools and patient consultation capabilities to the Medit Link platform.

Engaging Events & Expert Lectures at Medit's booth of International Dental (IDS) 2025
Engaging Events & Expert Lectures at Medit’s booth of International Dental (IDS) 2025

Engaging Events & Expert Lectures

Medit’s Scanning Game event drew significant attention, allowing attendees to experience Medit’s fast and intuitive scanning technology in an interactive challenge. Additionally, 11 experts in digital dentistry hosted daily Power Lectures, sharing their expertise and real-world applications of Medit’s software. These sessions provided valuable insights into the evolving landscape of digital dentistry, further enhancing the IDS experience for visitors.

“Medit’s mission has always been to simplify digital dentistry while delivering powerful, user-friendly solutions. Moreover, the enthusiastic participation and the joy our visitors shared with us were a great source of motivation for everyone at Medit,” said Han Ryu, CEO of Medit.

Engaging Events & Expert Lectures at Medit's booth of International Dental (IDS) 2025
Engaging Events & Expert Lectures at Medit’s booth of International Dental (IDS) 2025

Medit’s presence at IDS 2025 reaffirmed its position as a leader in digital dentistry, driving the industry forward with intelligent, accessible, and cutting-edge solutions.

For more details on Medit’s latest innovations, visit Medit official website.

About Medit

Medit is a global provider of 3D intraoral scanners and an all-in-one digital dentistry platform, based on its own patented, state-of-the-art technology. The company also develops innovative software for digital dentistry, supporting collaborative workflows between dental clinics and labs.

Headquartered in Seoul, South Korea, since its inception in 2000, Medit has representatives in the Americas and Europe and a global network of distributors in over 100 countries.

For more details about Medit’s products and software, visit the official website.

For more content, check out Medit on YouTube (youtube.com/user/meditcompany) and follow us on Instagram (instagram.com/meditcompany).

Infobip Report Reveals APAC as The Fastest-Growing Region for Conversational Messaging

  • Indonesia, Philippines and China showcased the most notable growth in messaging
  • WhatsApp, RCS, Viber, and other chat apps were among the most popular channels driving the rise in conversational messaging

KUALA LUMPUR, Malaysia, March 31, 2025 /PRNewswire/ — Global cloud communications platform, Infobip released its latest Messaging Trends Report, unveiling Asia-Pacific as the world’s fastest-growing messaging region, recording a 51% surge in conversational messaging in 2024. The report is based on an analysis of over 530 billion interactions between businesses and consumers on Infobip’s platform. According to the research, APAC is spearheading global messaging growth, driven by dynamic markets like Indonesia (59%), the Philippines (33%), and China (29%).

Infobip Messaging Trends 2025
Infobip Messaging Trends 2025

Infobip AI Hub data highlights the surge in AI adoption, giving conversational messaging apps a major makeover and enabling richer and more meaningful connections. For instance, WhatsApp usage doubled with 100% growth, driven by seamless in-chat purchasing features. Indonesia led the rise at 110%, followed by India (27%), Singapore (20%), and Malaysia (17%). RCS interactions surged 102% across the region with India (850%) leading the growth chart. Viber also gained 41% more traction in the region, with the Philippines seeing a significant rise in messaging interactions.

Additionally, our research shows that customers in the APAC region prefer messaging channels that are culturally and locally relevant. Notably, KakaoTalk—widely used in South Korea—accounts for 87% of customers interactions from Korean brands, with some engagement also seen in from brands in Singapore. In Vietnam, 63% of brand conversations happen on Zalo, a popular local platform. Meanwhile, LINE dominates in Thailand, Taiwan region, and Singapore, contributing to 98% of messaging interactions. As a result, brands are increasingly turning to these local platforms to build stronger, more familiar connections with their end users.

Globally, Infobip recorded a 30% increase in the number of brands orchestrating conversational marketing interactions with their customers on its platform. 

The report also reveals the rapid adoption of conversational messaging across key industries in the region. The Retail and eCommerce sector saw a 169% surge in interactions, with South Korea leading at 371%, followed by Singapore (133%) and the Philippines (16%). Telecom also saw explosive expansion, with China’s interactions skyrocketing by 4200% and Indonesia recorded 121% growth.

Ivan Ostojic, Chief Business Officer, Infobip said: “The surge in business interactions across APAC reflects a broader shift toward richer, more localized, and conversational messaging experiences. Customers in the region engage best with culturally relevant and language-specific content, driving higher engagement and conversions. Brands have successfully leveraged this approach through personalized RCS, WhatsApp, and Viber campaigns or localized promotions for relevant festivities in the region such as Singles Day, to build stronger customer relationships. As conversational marketing evolves, understanding its suitability is key for businesses to enhance connections with their audiences and ensure seamless, secure, and real-time interactions.”

For more insights, see the full report here: https://www.infobip.com/messaging-trends-report

About Infobip

Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey. Accessed through a single platform, Infobip’s omnichannel engagement, identity, user authentication and contact centre solutions help businesses and partners overcome the complexity of consumer communications to grow business and increase loyalty. It offers natively built technology with the capacity to reach over seven billion mobile devices and ‘things’ in 6 continents connected to over 9,700+ connections of which 800+ are direct operator connections. Infobip was established in 2006 and is led by its co-founders, CEO Silvio Kutić, Roberto Kutić and Izabel Jelenić.

Recent award wins include:

  • Infobip ranked an Established Leader in the Juniper Research Conversational AI Leaderboard (Feb 2025)
  • Infobip named a Leader for the third time in the IDC MarketScape (Feb 2025)
  • Infobip named one of the top CPaaS providers in Metrigy’s CPaaS MetriRank Report (Dec 2024)
  • Infobip named number one among Established Leaders in RCS Business Messaging in Juniper Research’s RCS Business Messaging Competitor Leaderboard 2024 (Nov 2024)
  • Infobip recognized as the number one provider in the AIT Fraud Prevention market by Juniper Research (Oct 2024)
  • Infobip named a Leader in the Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS) 2024 for the second year running (June 2024)
  • Infobip named to Fast Company’s Annual List of the World’s Most Innovative Companies (March 2024)
  • Omdia Ranks Infobip as Leader for the second year running in its CPaaS Universe Report (Nov 2023)

 

Ragnarok Landverse: Genesis Grand Launch Set for March 29, 2025

SINGAPORE, March 31, 2025 /PRNewswire/ — The wait is almost over! Ragnarok Landverse: Genesis, the Web3-enhanced version of the legendary MMORPG Ragnarok Online, is officially launching its Grand Launch on March 29, 2025, at 14:00 UTC+7. Developed in partnership between GRAVITY, MAXION, SKY MAVIS, and ZENTRY, this highly anticipated release promises to blend classic Ragnarok nostalgia with blockchain technology, offering players true digital ownership of in-game assets.

Ragnarok Landverse Genesis Grand Launch
Ragnarok Landverse Genesis Grand Launch

A New Era of Ragnarok Begins

Ragnarok Landverse: Genesis aims to bring the beloved world of Ragnarok Online into the Web3 ecosystem, providing players with exciting opportunities to earn, trade, and collect valuable in-game assets through blockchain integration. This launch represents a major milestone in decentralized gaming, where players can fully engage in a Play-to-Earn (P2E) system while enjoying the familiar mechanics of the classic MMORPG.

Core Features of Ragnarok Landverse: Genesis

With the Grand Launch, players can expect a host of exciting features that enhance both the traditional gameplay experience and the Web3 ecosystem:

1. Episode 4.0 & Classic Ragnarok Experience

  • Players will enter the Episode 4.0 timeline (class 2-1), featuring an immersive MMORPG world filled with nostalgic locations, classic monsters, and original game mechanics.
  • Enhanced graphics and gameplay mechanics ensure a smoother and more dynamic experience while retaining the spirit of the original Ragnarok Online.

2. Web3 & Blockchain Integration

  • Players can buy, sell, and trade in-game assets with real-world value through a secure blockchain-powered marketplace.
  • A decentralized economy ensures fair transactions and ownership of items, pets, and more.
  • The transition to the RONIN blockchain provides enhanced scalability, lower transaction fees, and increased security for all players.

3. Automated System Mode – Play While AFK!

  • Stay productive even when away! The Automated System Mode allows characters to battle, farm, and collect loot without constant player input.
  • Ideal for casual and hardcore players alike, ensuring that progress continues even when you’re offline.

4. War of Emperium – Epic Guild Battles

  • Engage in Guild vs. Guild (GvG) warfare, where powerful guilds fight for control over castles. With an enormous prize pool of $300,000 through the championship or in the name of ROLC2025.
  • Winning guilds claim strategic locations as headquarters, gaining prestige and in-game benefits throughout the year.

5. Exclusive Events and Rewards

  • The Genesis Airdrop Quest is running until May 31, 2025, allowing early adopters to earn exclusive rewards, leaderboard points, and Web3-linked bonuses.
  • Special in-game launch events will provide players with limited-time gear, collectibles, and currency boosts to jumpstart their journey.

Pre-Launch Preparations – How to Join the Adventure

With Ragnarok Landverse: Genesis entering its OBT phase, players can prepare by taking the following steps:

  1. Sign Up for the Grand Launch: Visit the official website at https://rolg.maxion.gg/ to register for an account.
  2. Stay Updated: Follow the official social media channels for real-time updates and announcements:
    ○        Facebook: https://www.facebook.com/ROLGenesis
    ○        Twitter (X): https://twitter.com/ROL_Genesis
    ○        Discord: https://discord.com/invite/rolgenesis
  3. Prepare Your Wallet: Since Ragnarok Landverse: Genesis features blockchain elements, players should set up a RONIN wallet to store and trade digital assets securely.

Join the Adventure – The Next Chapter Awaits!

Don’t miss out on the Grand Launch of Ragnarok Landverse: Genesis! Whether you’re a veteran Ragnarok Online player or a newcomer looking for an innovative MMORPG experience, this is your chance to be part of a groundbreaking adventure.

S Spine Hospital Launches T-Shirt to Raise Awareness About Back Pain

BANGKOK, March 31, 2025 /PRNewswire/ — S Spine Hospital, a specialist in spine, has unveiled “THE SPINE T-SHIRT,” a health communication initiative designed to transform how people perceive and understand spinal health issues.

S Spine Hospital Launches T-Shirt to Raise Awareness About Back Pain
S Spine Hospital Launches T-Shirt to Raise Awareness About Back Pain

The hospital was established as Thailand’s first specialized spine hospital in 2017. With experience treating over 100,000 patients, both Thai and international, the medical team has discovered that traditional treatments such as massage, acupuncture, chiropractic adjustments, and medication cannot truly resolve back pain issues.

“THE SPINE T-SHIRT” emerges from a concept aimed at communicating health problems in an innovative way. The shirt features designs that simulate spinal injuries resulting from everyday behaviors, including prolonged smartphone use, sitting in the same position for hours while working, or incorrect motorcycle riding posture.

The primary goal of this campaign is to raise awareness and encourage people to take their spinal health seriously, rather than waiting until injuries occur before seeking treatment. “We want to change society’s mindset, showing that caring for spinal health isn’t difficult if we start being aware and attentive today,” says Dr. Dittapong Boonampol, Spine Specialist Surgeon and Executive of S-Spine Hospital, the first specialized spine hospital in Thailand.

“THE SPINE T-SHIRT” innovation is not just a garment, but a powerful communication tool that transforms medical information into a tangible and easily understandable experience.

S Spine Hospital hopes this innovation will be the starting point for everyone to pay more attention to their spinal health, leading to better quality of life without pain.

 

CKPower Expands RECs Operations to Accelerate Global Clean Energy Adoption

BANGKOK, March 31, 2025 /PRNewswire/ — CK Power Public Company Limited (SET: CKP), one of Southeast Asia’s largest producers of electricity from renewable sources, is expanding its Renewable Energy Certificates (RECs) business to support the accelerating global transition toward clean energy and strengthened sustainability commitments. This strategic move is aimed at promoting broader renewable energy adoption and supporting businesses in reducing greenhouse gas emissions over the long term.

The solar cells of Bangkhenchai Company Limited (BKC).
The solar cells of Bangkhenchai Company Limited (BKC).

Mr. Thanawat Trivisvavet, Managing Director, CK Power Public Company Limited, said, “RECs are an important tool for businesses to demonstrate their use of renewable energy and meet science-based emissions reduction targets. They enable companies to offset carbon footprints and achieve their sustainability goals with confidence. Since 2022, CKPower has been actively involved in RECs trading through its subsidiary, Bangkhenchai Company Limited (BKC), registering renewable energy projects on trading platforms in partnership with Innopower Company Limited, a subsidiary of EGAT. To date, CKPower has delivered over 39,660.46 RECs to clients committed to decarbonizing their operations.”

In 2024, CKPower further advanced its RECs initiative by exploring opportunities from its run-of-river hydropower plant, Xayaburi Power Company Limited (XPCL), located in the Lao PDR. The company has signed an agreement with Mekha V Company Limited (a subsidiary of PTT Public Company Limited) to evaluate RECs integration via the ReAcc platform. This effort aims to support multinational corporations in embedding clean energy into their supply chains.

CKPower’s renewable energy strategy also includes new solar projects totaling 13 MW, developed in partnership with Bangkok Expressway and Metro Public Company Limited (BEM).  The first of these projects is expected to begin commercial operation in early 2025. Additionally, BKC signed a Power Purchase Agreement (PPA) with the Provincial Electricity Authority (PEA) under the Feed-in Tariff (FiT) program for a 6 MW solar project, scheduled for operation by 2027.

With a clear roadmap to reach over 95% renewable energy in its portfolio by 2043, CKPower is also committed to achieving net-zero greenhouse gas emissions by 2050 through innovation, energy efficiency, and sustainability awareness across its value chain.

Mr. Thanawat concluded, “Renewable energy is the foundation of a sustainable future. Through our RECs initiatives and clean energy projects, we empower companies around the world to fulfill their sustainability commitments while fostering a resilient energy ecosystem.”

“CKPower – Renewable Electricity for a Sustainable Future”

Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares

STOCKHOLM, March 31, 2025 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) and (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced that as of March 31, 2025, the total number of issued shares of common stock is 79,914,590 of which 77,305,582 shares are outstanding.

Autoliv retired 528,732 shares of common stock that had been repurchased during the quarter which resulted in a decrease in the issued shares.

The Company now has a total of 79,914,590 issued shares of common stock of which 77,305,582 shares are outstanding. Each share of outstanding common stock is entitled to one vote. After the retirement of the repurchased shares, Autoliv holds 2,609,008 shares of common stock in treasury which have no voting rights or rights to participate in distributions under Delaware law.

This information is of such character that Autoliv, Inc. is obliged to disclose in accordance with the Swedish Financial Instruments Trading Act (Sw. lagen (1991:980) om handel med finansiella instrument). The information was distributed for disclosure, through the agency of the contact persons set out below, on March 31, 2025, 08:00 CET.

Inquiries: 

Anders Trapp, Tel +46 (0)8 587 206 71

Henrik Kaar, Tel +46 (0)8 587 206 14

About Autoliv

About Autoliv Autoliv, Inc. (NYSE: ALV) (Nasdaq Stockholm: ALIV.sdb) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world, as well as mobility safety solutions, such as commercial vehicles and electrical safety solutions. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2024, our products saved approximately 37,000 lives and reduced around 600,000 injuries. We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our 65,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2024 amounted to $10.4 billion. For more information go to www.autoliv.com. 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/autoliv/r/autoliv-retires-repurchased-shares–decreases-number-of-issued-shares,c4125153

The following files are available for download:

 

ARTERY Launches AT32F455/F456/F457 High-Performance MCUs, Empowering the Future of Industrial IoT

TAIPEI, March 31, 2025 /PRNewswire/ — As the Industrial Internet of Things (IIoT) rapidly evolves, the demand for enhanced performance and intelligence in microcontrollers continues to rise. This has driven innovation in computing power, power efficiency, and connectivity, accelerating the advancement of smart manufacturing, device interconnection, and data-driven decision-making.

Recently, ARTERY Technology launched the AT32F455/F456/F457 series of high-performance microcontrollers. Featuring high clock speeds, large memory capacity, and rich peripheral interfaces such as multiple CAN-FD modules, these MCUs meet the demanding computing needs of industrial automation, intelligent connectivity (AIoT), and data processing. They enhance automation levels and offer flexible, efficient solutions for industrial applications.  

AT32F455/456/457: Secure MCU with Crypto Engine, Building a Shield for AIoT
AT32F455/456/457: Secure MCU with Crypto Engine, Building a Shield for AIoT

High-Performance Computing and Flexible Storage Empower Industrial Upgrades

The AT32F455/F456/F457 series is based on the 32-bit ARM® Cortex®-M4F core, running at up to 192MHz to ensure efficient processing in complex applications. It integrates high-speed embedded memory with up to 512KB Flash and up to 144KB SRAM, and provides 4KB OTP for storing unique IDs, production batch information, and hardware configuration data—ensuring data reliability and security to meet the storage needs of diverse applications.

In addition, the series supports high-capacity memory expansion with a QSPI interface for connecting external SPI flash or SPI RAM, supporting address mapping mode. The XMC interface supports memory expansion with SDRAM, SRAM, PSRAM, and NOR Flash.

Rich Peripherals Drive Application Innovation

The AT32F455/F456/F457 series integrates rich peripheral resources and enhanced I/O ports, including two 12-bit, 16-channel high-speed ADCs with up to 5.33Msps sampling rate, two 12-bit DACs, eight general-purpose 16-bit timers, two general-purpose 32-bit timers, and two basic timers. It also includes 3 I2C, 4 SPI/I2S (2 full-duplex), 1 full-duplex I2SF, 8 USART, SDIO, USB OTG, XMC, and QSPI interfaces—fully meeting users’ customized development needs and offering broad application scalability. Equipped with 3 CAN or CAN-FD interfaces and an Ethernet MAC interface, the series ensures strong connectivity in high-speed data transmission, industrial automation, and IoT applications.

Three Series, One Architecture, Unique Strengths

The AT32F455 supports three CAN interfaces, while the AT32F456 and AT32F457 integrate three CAN-FD interfaces to enable lower latency and higher data throughput, ideal for complex scenarios requiring large data exchange. On top of the AT32F455/F456 features, the AT32F457 adds an IEEE-802.3 10/100Mbps Ethernet controller to enable precise industrial network connectivity, supporting distributed systems and remote device management—particularly suitable for IoT applications.

  • AT32F455 Series: Outstanding Performance for Diverse Applications

Equipped with 3 CAN interfaces, QSPI, and XMC, designed for industrial automation, motor control, IoT, and consumer electronics applications.

  • AT32F456 Series: Enhanced Communication Speed

Integrates 3 CAN-FD interfaces compatible with CAN 2.0B, delivering high-speed, reliable communication—ideal for in-vehicle infotainment, industrial control, and security applications that demand high communication performance.

  • AT32F457 Series: EMAC Enhances Connectivity

Incorporates a 10/100Mbps Ethernet MII/RMII controller compatible with IEEE 1588. Along with 3 CAN-FD interfaces, it provides high-precision network time synchronization—especially suitable for industrial automation, Ethernet gateways, and smart security applications.

Security and Reliability for Long-Term Stable Operation

The AT32F455/F456/F457 series enhances security design by integrating ARTERY’s proprietary SLib Security Library, along with a built-in AES (Advanced Encryption Standard) hardware accelerator and a True Random Number Generator (TRNG) to protect code and data security. The AES hardware encryption effectively safeguards firmware and data transmission, while the TRNG generates high-quality keys and encryption parameters to further strengthen the system’s resistance against attacks—delivering a higher level of protection for industrial control, smart security, and connected devices.

All AT32 MCUs support industrial-grade temperature ranges from -40°C to 105°C and comply with IEC-60730 international safety standards, ensuring stable operation in harsh environments and enhancing safety risk management in home appliances. Its low-power architecture combined with various power-saving modes—including sleep, deep sleep, and standby—delivers excellent performance in industrial automation, IoT endpoints, and portable devices.

Versatile Packaging and Development Support

The AT32F455/F456/F457 series is available in QFN48, LQFP48, LQFP64, LQFP100, and LQFP144 packages, with a total of 26 model options to meet diverse application needs. Fully compatible with ARTERY’s development tools, the series provides comprehensive software and hardware support—from development to mass production and firmware updates. Resources include development boards, debugging tools, software libraries, and technical documentation to streamline development and reduce time-to-market.

Samples of the AT32F455/F456/F457 series are now available, with mass production and shipments underway.

Coway Holds 36th Annual General Meeting to Further Strengthen Shareholder Trust Through Sustainable Growth

  • Shareholders have rejected Align Partners’ proposal for a cumulative voting system, reaffirming board independence
  • Key agenda items, including the appointment of outside directors and the retirement of 650,000 treasury stocks to enhance shareholder returns, were approved

SEOUL, South Korea, March 31, 2025 /PRNewswire/ — Coway Co., Ltd., the “Best Life Solution Company,” has announced that it has today held its 36th Annual General Meeting (AGM) at its Yugu office in Gongju City, Chungcheongnam Province, South Korea.

Coway Holds 36th Annual General Meeting
Coway Holds 36th Annual General Meeting

During the AGM, shareholders approved key agenda items that included the ratifying of financial statements, consolidated financial statements and statements of the appropriation of retained earnings; the appointment of outside directors; the appointment of audit committee members; the approval of limitations on directors’ remuneration; and capital reduction for the purpose of treasury shares’ cancellation.

Shareholders also rejected Align Partners Capital Management Inc.’s (“Align Partners”) proposal to introduce a cumulative voting system. A Coway official stated, “Our shareholders have reaffirmed that the current board operation ensures sufficient operational independence and transparency, making it suitable for ongoing sustainable growth and shareholder value enhancement.”

As part of its mid-to-long-term shareholder return policy, Coway approved the retirement of approximately 650,000 treasury shares. The company also announced plans to continue repurchasing and canceling treasury shares to significantly increase the total shareholder return rate from 20% to 40%, alongside other measures designed to further enhance shareholder value.

This year’s AGM also saw Coway appoint Jungho Kim, Professor at the Graduate School of International Studies of Korea University, and Taehong Kim, CEO of Growth Hill Asset Management Co., Ltd., as new outside directors, while Gilyeon Lee was reappointed to the same role. Taehong Kim and Gilyeon Lee have also been appointed as audit committee members, while Align Partners’ nominee for outside director and audit committee member voluntarily resigned, resulting in the agenda item’s dismissal.

Jangwon Seo, CEO of Coway, said, “Increased investment in R&D to the end of developing innovative products and technologies has resulted in strong sales growth for our Icon water purifier series and BEREX mattress and massage chair range across both domestic and global markets, reinforcing our status as stable performers within the market. Moving forward, we will work to further strengthen our core businesses, enhance shareholder returns and advance governance in order to increase corporate value and shareholder trust.”

About Coway Co., Ltd.

Established in Korea in 1989, Coway, the “Best Life Solution Company,” is a leading environmental home appliances company making people’s lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, bidets, and mattresses. The company’s most recent venture, the BEREX brand, aims to improve sleep and wellness through cutting-edge mattresses and massage chairs. Since being founded, Coway has become a leader in the environmental home appliances industry, with intensive research, engineering, development, and customer service. The company has proven dedication to innovation with award-winning products, home health expertise, unrivaled market share, customer satisfaction, and brand recognition. Coway continues to innovate by diversifying product lines and accelerating overseas business in Malaysia, USA, Thailand, China, Indonesia, Vietnam, Japan, and Europe, based on the business success in Korea. For more information, please visit http://www.coway.com/ or http://newsroom.coway.com.