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JOIN FDI WORLD DENTAL FEDERATION’S 2025 VIRTUAL SUMMIT TO ADVANCE SUSTAINABLE PRACTICES IN DENTISTRY AND REDUCE THE PROFESSION’S ENVIRONMENTAL IMPACT

GENEVA, May 22, 2025 /PRNewswire/ — FDI World Dental Federation (FDI) is proud to announce the third edition of its Virtual Summit on Sustainability in Dentistry, taking place from 05 – 06 June 2025 from 10:00 to 11:30 AM EST / 04:00 to 05:30 PM CEST. This landmark event continues to provide a global platform for exchanging knowledge, showcasing real-world implementation strategies, and offering practical tools to advance sustainability in the dental profession.

Following the overwhelming success of its 2023 and 2024 Summits, this year’s event focuses on equipping oral health professionals with actionable solutions and evidence-based guidance. Attendees will hear from sustainability leaders across the industry, explore inspiring case studies, and gain access to new educational resources designed to transform environmental commitments into lasting practice change.

“We are thrilled to host the Sustainability in Dentistry Summit once again,” says Dr Greg Chadwick, FDI President. “This year’s programme is especially exciting as we shift the focus from theory to implementation. By offering concrete tools and resources, FDI is empowering oral health professionals around the world to be part of the solution. Environmental sustainability is not just a goal – it’s a professional responsibility. We are deeply grateful to our founding partners – Dentsply Sirona, Haleon, and Sunstar – as well as our supporting partners, whose ongoing commitment and collaboration make this work possible. Their dedication continues to drive innovation and meaningful progress in our profession.”

In 2025, FDI has unveiled various new resources as part of its Sustainability in Dentistry Project. A second Massive Open Online Course (MOOC), Tackling Common Challenges to Sustainable Dentistry, was launched earlier this year. This new course moves beyond foundational principles and supports dental teams in implementing sustainable practices, addressing common barriers and offering practical strategies.

In addition, FDI has developed a suite of educational resources for academic institutions and training providers. These materials are designed to support curriculum integration and institutional change, equipping the next generation of dental professionals with the knowledge and values needed to champion environmental responsibility.

Since the launch of the Sustainability in Dentistry Project in 2021, FDI has highlighted innovative efforts across its global network of national dental associations, academic institutions, and private practices. Initiatives like the Sustainability Toolkit, Pledge for Sustainable Oral Healthcare, and Sustainability Awards continue to drive momentum, while strategic partnerships with industry leaders ensure long-term impact.

Join us from 05 – 06 June 2025 from 10:00 to 11:30 AM EST / 04:00 to 05:30 PM CEST, for the virtual Sustainability in Dentistry Summit and be part of the movement to improve the environmental impact of the dental profession worldwide.

Register here

 – Picture is available at AP

Media contact
Charanjit Jagait, FDI Public Health, Advocacy and Communications Director
cjagait@fdiworlddental.org | Tel.: +41 797967613

About FDI World Dental Federation
FDI World Dental Federation is the leading global voice of the dental profession, representing over 1 million dentists across more than 130 countries. With around 200 member organizations, FDI is committed to advancing global oral health and supporting the dental community through science, advocacy, and education.
www.fdiworlddental.org/

Learn more about the Sustainability in Dentistry project
Supported by founding partners Dentsply Sirona, Haleon, and Sunstar; and supporters Colgate, Kulzer, and SDI Limited.
www.fdiworlddental.org/sustainability-dentistry

O-RAN Digital Twin Platform Co-Funded by O-RAN ALLIANCE Powers Research and Innovation in AI and Open RAN

  • The O-RAN ALLIANCE successfully concludes its seed funding initiative launched in November 2023
  • Evolved O-RAN Digital Twin platform enables lab deployment of O-RAN-based networks in a few clicks
  • The platform is designed for the research community to accelerate innovation at the intersection of AI, open RAN and network optimization

BONN, Germany, May 22, 2025 /PRNewswire/ — The O-RAN ALLIANCE and the Institute for the Wireless Internet of Things at Northeastern University have successfully concluded the seed funding initiative, launched by O-RAN ALLIANCE in November 2023 to support research and development of next generation open Radio Access Network (RAN) infrastructure.

Logos of The Institute for the Wireless Internet of Things at Northeastern University and O-RAN ALLIANCE (PRNewsFoto/O-RAN Alliance)
Logos of The Institute for the Wireless Internet of Things at Northeastern University and O-RAN ALLIANCE (PRNewsFoto/O-RAN Alliance)

The funding initiative was led by O-RAN ALLIANCE’s next Generation Research Group (nGRG). Its objective was to provide a forum to facilitate O-RAN related 6G research efforts and determine how O-RAN may evolve to support mobile wireless networks in the 6G timeframe and beyond, by leveraging industry and academic 6G research efforts worldwide. The purpose of the seed funding was to be a significant enabler for broader funding of research platforms for next generation infrastructure.

The Institute for the Wireless Internet of Things at Northeastern University, as the funding awardee, utilized the 200,000 USD sponsorship to evolve its Colosseum lab and research platform. The result is a comprehensive, automated O-RAN Digital Twin (O-DT) platform designed for the research community to accelerate innovation at the intersection of AI, open RAN and network optimization.

The evolved O-RAN Digital Twin platform enables researchers to deploy O-RAN-based networks—including base stations, user equipment, and Radio Intelligent Controllers (RIC)—in just a few clicks. The platform automatically initiates data collection, training, and testing pipelines for RIC-based xApps and rApps, and plays a key role in continuous validation of open-source protocol stacks. It is also ready to support future development of dApps for real-time network control and other cutting-edge use cases.

“The O-RAN ALLIANCE seed funding supported the efforts to advance Colosseum into a state-of-the-art platform that effectively enables the research community to develop innovations for the RAN,” said Michele Polese, Research Assistant Professor at Northeastern University and PI of the O-RAN O-DT project. “This initiative has sparked the creation of new solutions to tackle the next fundamental challenge toward fully realizing the Open RAN vision, i.e., intelligent and dynamic network control and optimization. We look forward to further evolving the O-RAN Digital Twin to address future needs of modern RANs.”

“It is exciting to see the outcomes of the O-RAN ALLIANCE seed funding initiative delivering tangible value to RAN researchers,” said Ravi Sinha, VP Technology and Solution Development at Reliance Jio and co-chair of nGRG. “These research outcomes form basis for future specification development within the O-RAN ALLIANCE, enabling a global market of scaled, innovative and competitive solutions, advancing our mission towards an open, intelligent, virtualized and fully interoperable RAN.”

About O-RAN ALLIANCE
The O-RAN ALLIANCE is a world-wide community of mobile operators, vendors, and research & academic institutions operating in the Radio Access Network (RAN) industry. As the RAN is an essential part of any mobile network, the O-RAN ALLIANCE’s mission is to re-shape the industry towards more intelligent, open, virtualized and fully interoperable mobile networks. The new O-RAN specifications enable a more competitive and vibrant RAN supplier ecosystem with faster innovation to improve user experience. O-RAN based mobile networks at the same time improve the efficiency of RAN deployments as well as operations by mobile operators. To achieve this, the O-RAN ALLIANCE publishes new RAN specifications, releases open software for the RAN, and supports its members in integration and testing of their implementations.
For more information, please visit www.o-ran.org.

About the Institute for the Wireless Internet of Things at Northeastern University
Researchers and students at the Institute for the Wireless Internet of Things (WIoT) envision a future in which people and their environment are wirelessly connected by a continuum of AI-powered devices and networks, from driverless cars and search-and-rescue drone swarms to implantable medical devices and smart cities. The institute is home to world-leading expertise, facilities, and technologies dedicated to making wireless communications exponentially faster, more energy efficient, and more secure. Within WIoT, Open6G is a one-stop shop for Open RAN innovation. Located at the Northeastern University Boston and Burlington, MA campuses, Open6G is a hub for research, development, and testing of advanced wireless networks using Open RAN and AI technologies, and hosts world-leading experimental facilities for 5G research.

Yunji Selects WWC, P.C. as its Independent Registered Public Accounting Firm

HANGZHOU, China, May 22, 2025 /PRNewswire/ — Yunji Inc. (“Yunji” or the “Company”) (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that the Company’s board of directors and the audit committee of the board approved the dismissal of PricewaterhouseCoopers Zhong Tian LLP (“PwC”) as the Company’s independent registered public accounting firm, effective May 22, 2025, and the appointment of WWC, P.C. (“WWC”) as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2025, effective May 22, 2025.

The reports of PwC on the Company’s consolidated financial statements for the fiscal years ended December 31, 2024 and 2023 contained no adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope, or accounting principles.  

During the fiscal years ended December 31, 2024 and 2023, and the subsequent interim period through May 22, 2025, there have been (i) no disagreements (as defined in Item 16F(a)(1)(iv) of Form 20-F) between the Company and PwC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of PwC, would have caused PwC to make reference thereto in their reports on the Company’s consolidated financial statements for such years, and (ii) no reportable events (as defined in Item 16F(a)(1)(v) of Form 20-F).

About Yunji Inc.

Yunji Inc. is a leading social e-commerce platform in China that has pioneered a unique, membership-based model to leverage the power of social interactions. The Company’s e-commerce platform offers high-quality products at attractive prices across a wide variety of categories catering to the day-to-day needs of Chinese consumers. In addition, the Company uses advanced technologies including big data and artificial intelligence to optimize user experience and incentivize members to promote the platform as well as share products with their social contacts. Through deliberate product curation, centralized merchandise sourcing, and efficient supply chain management, Yunji has established itself as a trustworthy e-commerce platform with high-quality products and exclusive membership benefits, including discounted prices.

For more information, please visit https://investor.yunjiglobal.com/

Investor Relations Contact

Yunji Inc.
Investor Relations
Email: Yunji.IR@icrinc.com 
Phone: +1 (646) 224-6957

ICR, LLC
Robin Yang
Email: Yunji.IR@icrinc.com 
Phone: +1 (646) 224-6957

UNESCO honours Sharjah Ruler for Arabic historical dictionary

  • Issued by the Sharjah Government Media Bureau

PARIS, May 22, 2025 /PRNewswire/ — His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, a Supreme Council Member and the Ruler of Sharjah, was awarded a distinguished UNESCO honour upon the completion of the Historical Dictionary of the Arabic Language. At the official ceremony held at UNESCO’s headquarters in Paris, themed “Arabic Language: A Bridge Between Heritage and Knowledge”, Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of His Highness the Ruler of Sharjah and chairperson of the Supreme Council for Family Affairs (SCFA), was present, along with Sheikha Bodour bint Sultan Al Qasimi, chairperson of the Sharjah Book Authority (SBA).

UNESCO honours Sharjah Ruler for Arabic historical dictionary
UNESCO honours Sharjah Ruler for Arabic historical dictionary

Upon his arrival at UNESCO headquarters, His Highness was received and warmly welcomed by Audrey Azoulay, Director-General of UNESCO; Fahd Saeed Al Raqbani, UAE Ambassador to France; Abdullah bin Mohammed Al Owais, Chairman of Sharjah’s Department of Culture; Jamal Al-Turaifi, President of Al Qasimia University; Ahmed bin Rakkad Al Ameri, CEO of the Sharjah Book Authority; Ali Al-Haj Al Ali, UAE Permanent Delegate to UNESCO; and Mohamed Hassan Khalaf, Director General of the Sharjah Broadcasting Authority.

His Highness the Ruler of Sharjah delivered a speech during the ceremony, stating, “It is my honour to stand among you today in this esteemed cultural forum at UNESCO, whose noble mission we revere and whose fruitful partnership we cherish. Together, we commemorate a groundbreaking scholarly and cultural milestone, the Historical Dictionary of the Arabic Language. This occasion is further enriched by its coincidence with the World Day for Cultural Diversity for Dialogue and Development, a day designated by UNESCO to promote mutual understanding and respect among cultures, reinforcing our collective humanity.

“Language, in all its forms, undeniably serves as the main repository of culture and the most authentic reflection of a community’s identity. In celebrating the Historical Dictionary of the Arabic Language today, we honour a vital aspect of our rich human diversity, represented by the Arabic language, which carries a deep civilisational heritage and has had a significant scientific and humanistic impact.”

His Highness subsequently emphasised the contributions of the partner institutions that played a role in the creation of the dictionary.

His Highness emphasised that all languages possess an equal right to exist and evolve, stating, “When we restore to Arabic its rightful history and highlight the aspects of its development, we simultaneously affirm to the world that every language is entitled to existence, progress and celebration, and that cultural justice demands that humanity not be reduced to a single tongue, nor the civilisations of peoples confined to one model. Just as biodiversity ensures the continuity of life, cultural and linguistic diversity secures the ongoing evolution and revitalisation of human creativity.”

He then conveyed his sincere appreciation to UNESCO for recognising the Historical Dictionary of the Arabic Language and for the collaborative cultural initiatives between Sharjah and the organisation:

He wrapped up with a call for unity: “Let us move forward together, dear friends, hand in hand, to enhance our cultural dialogue, to protect our common human heritage, and to guarantee that every culture’s voice is acknowledged, every language valued, and every people stay true to their genuine identity.”

At the ceremony, Audrey Azoulay, the Director-General of UNESCO, presented a speech to welcome His Highness the Ruler of Sharjah. She expressed her pleasure regarding the visit of the Sharjah delegation to Paris, acknowledging the emirate as a worldwide centre of knowledge and culture. Azoulay emphasised Sharjah’s significant investments in diverse areas that align with UNESCO’s mission, pointing out its achievement of multiple international cultural awards.

Azoulay praised the foresight of His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, which has placed culture and knowledge at the heart of Sharjah’s policies. She recognised the emirate’s arrangements for various cultural events, festivals, and exhibitions that span multiple areas of culture, arts, and history.

She acknowledged Sharjah’s initiative in signing an agreement to digitise UNESCO’s archives, marking a significant step towards preserving the organisation’s vast collection of books and documents, some of which date back over 80 years. This initiative guarantees the protection of precious historical documents that detail various events, agreements, and initiatives.

Azoulay conveyed her appreciation for the successful completion of the Historical Dictionary of the Arabic Language, a significant accomplishment achieved under the guidance of His Highness the Ruler of Sharjah. Created by a multitude of researchers and editors from 20 linguistic institutions throughout the Arab world, this dictionary has earned recognition from the Guinness World Records as the largest historical dictionary.

At the conclusion of the ceremony, His Highness the Ruler of Sharjah graciously signed a copy of the Historical Dictionary of the Arabic Language and presented it as a gift to UNESCO.

UNESCO honours Sharjah Ruler for Arabic historical dictionary
UNESCO honours Sharjah Ruler for Arabic historical dictionary

 

UNESCO honours Sharjah Ruler for Arabic historical dictionary
UNESCO honours Sharjah Ruler for Arabic historical dictionary

 

 

 

Sigenergy Expands Manufacturing Network with One More Production Base

NANTONG, China, May 22, 2025 /PRNewswire/ — Sigenergy has officially broken ground on a smart manufacturing hub, marking a pivotal milestone in its global expansion strategy. As a key addition to the company’s production network, the facility will bolster manufacturing capabilities and enhance supply chain resilience across international markets.

Sigenergy Smart Manufacturing Hub Groundbreaking Ceremony
Sigenergy Smart Manufacturing Hub Groundbreaking Ceremony

As a cornerstone of Sigenergy’s long-term strategic roadmap, the manufacturing hub will focus on high-volume production of the company’s core products, including inverters, battery packs, and energy gateways. The project covers 115 acres, with a total built-up area of 115,000 square meters. Once operational, the facility is expected to add over 300,000 units to annual production capacity—significantly strengthening Sigenergy’s ability to meet growing global demand.

“The groundbreaking of our new manufacturing base marks a major milestone in Sigenergy’s strategic roadmap,” said Tony Xu, Founder and CEO of Sigenergy. “It demonstrates our commitment to advancing technology and scaling production to better serve customers worldwide and help shape a cleaner, smarter, and more efficient energy future.”

Sigenergy has quickly emerged as a global leader in the energy storage sector. In March 2025, the company ranked No. 1 in Australia’s battery market with a 17.4% share of blended capacity, according to SunWiz. It also secured the top global position in the stackable all-in-one Distributed Energy Storage System (DESS) category, holding a 24.3% market share, as reported by Frost & Sullivan.

The manufacturing hub is designed as a next-generation smart factory integrating production, R&D, logistics, and operations in line with global best practices. It features a fully digitalized, closed-loop system and full-lifecycle quality traceability to ensure transparency, efficiency, and control. Sustainability is embedded throughout, with eco-friendly construction, low-carbon operations, and environmentally conscious design, setting a benchmark for intelligent and green manufacturing.

 

Historic First: CUNY In USA Establishes ‘Achyuta Samanta India Initiative’ Research Institute

Dr Samanta also bestowed with the Presidential Medal by the Varsity in New York

BHUBANESHWAR, India, May 22, 2025 /PRNewswire/ — In a ground-breaking development that marks a proud moment for India, especially for Odisha, a premier research institute at the City University of New York (CUNY) has been named after renowned educationist and social reformer Dr. Achyuta Samanta (Founder of KIIT and KISS). The newly established ‘Achyuta Samanta India Initiative CUNY Crest Institute’ (ASIICCI) was inaugurated on Tuesday in the presence of distinguished academics and dignitaries from across the United States.

Dr. Achyuta Samanta Inaugurating the Research Institute Named in His Honour in the Presence of Senior City University of New York (CUNY) Officials.
Dr. Achyuta Samanta Inaugurating the Research Institute Named in His Honour in the Presence of Senior City University of New York (CUNY) Officials.

This historic move is the first time a research centre in the United States has been named after an Indian, making it a moment of immense pride not only for Dr. Samanta but also for the people of Odisha and the global KIIT and KISS community. The newly established institute will provide American students with opportunities to research on Odisha’s rich art and heritage. It will also focus on Dr. Samanta’s contribution to the socio-economic development of tribal communities and his achievements in the field of education.

Adding to this prestigious recognition, Dr. Samanta was conferred the highest honour of CUNY — the Presidential Medal — during the event. Reserved for individuals of exceptional global impact, the medal acknowledges Dr. Samanta’s transformative contributions to education, tribal upliftment, and humanitarian service. His grassroots work through KIIT and KISS has positively impacted over 80,000 tribal children, offering them quality education, dignity, and opportunity.

The idea for the research institute originated during the recent visit of Dr. Milton Santiago, President of Bronx Community College under CUNY, to KIIT and KISS in Bhubaneswar. Deeply inspired by Dr. Samanta’s journey and vision, Dr. Santiago proposed naming a research institute after him, a suggestion that received unanimous approval from the university board.

At the inauguration, Dr. Santiago remarked, “The Achyuta Samanta India Initiative will help American students from diverse backgrounds understand and engage with India’s tribal communities, cultural roots, and one of the world’s most impactful educational models.”

Dr. Samanta, who attended the event as the guest of honour, expressed profound gratitude and humility, stating that it is a moment of great pride and honour for him as an Odia and Indian to have a U.S. research institute named after him. He noted that it was not only a personal recognition but also a matter of pride for Odisha, KIIT, and KISS. He hoped that the institute would encourage greater research and understanding of Odisha’s art, literature, and culture, as well as his own work.

Founded 175 years ago, CUNY is a prestigious U.S. public university system encompassing 25 colleges and over 300,000 students from 122 countries. The establishment of ASIICCI under its umbrella demonstrates the global relevance of Dr. Samanta’s vision and Odisha’s intellectual heritage.

https://www.youtube.com/watch?v=qyXrdNyLR_g

 

 

EdgeCap-backed Comac Medical Group Expands with Acquisition of ILIFE Consulting, a French Early-phase Specialty CRO

Strategic acquisition marks significant step to establish pan-European footprint and deepens expertise in oncology and early-phase biotech clinical trials.

LONDON, May 22, 2025 /PRNewswire/ — Comac Medical Group (“Group”), based in the UK and backed by EdgeCap Partners, announced today the acquisition of ILIFE Consulting (“ILIFE”), a specialized Contract Research Organization (CRO) headquartered in Paris, France, renowned for its expertise in oncology, rare diseases, and complex biotech clinical trials.

The transaction represents a significant milestone for the Group on its journey to becoming the leading pan-European full-service CRO partner for small and medium-sized biopharma companies, and complements recent expansions into the United States, Germany, and the United Kingdom.

Founded in 2013 by Marina Iché, ILIFE has built a distinguished reputation for delivering high-value strategic consulting alongside clinical trial execution for biotech sponsors. ILIFE’s addition to the Group will leverage complementary expertise and reach, thus creating new opportunities for clients, who will benefit from a complete service offering, including enhanced capabilities in biostatistics, data management, pharmacovigilance, bioanalytical services, and Comac Medical’s state-of-the-art Early Phase Clinical Research Unit.

ILIFE’s founder and CEO, Marina Iché, will continue in her leadership role and become a significant shareholder in the Group to support strategic growth initiatives and to maintain continuity of ILIFE’s values and services that have driven its success positioning it as a trusted partner in the biotech ecosystem.

Marina Iché, Founder and CEO of ILIFE Consulting, stated:

“Partnering with EdgeCap and Comac Medical Group marks an exciting new chapter for ILIFE. We share a deep commitment to quality, innovation, client-centric and agile service delivery. We mobilize our resources and energy to ensure successful partnerships with our clients. We listen and capitalize on our expertise to identify and bring the best solutions to support our clients in achieving their goals productively and efficiently. Joining forces allows us to leverage additional resources, broaden our service portfolio, and better serve our clients across Europe and beyond. We rely on the competence and integrity of our team whose dedication and energy drive us to work swiftly towards obtaining actionable results. I remain fully committed to ensuring continuity in ILIFE’s services while pursuing our mission to bring meaningful innovation to patients.”

Chris Smyth, Incoming CEO of Comac Medical Group, said: 

“ILIFE Consulting’s expertise and established presence in the French biotech ecosystem significantly strengthen our capabilities as part of the Group. I look forward to working closely with Marina and the ILIFE team as we collaborate to create meaningful value for our stakeholders and deliver excellence across our expanded geographic and therapeutic landscape.”

Today’s announcement closely follows the Group’s recent leadership appointments and international expansion initiatives, including new executive appointments – Dr. Chris Smyth as incoming CEO (effective 1st September 2025), Christian Buhlmann as Chief Commercial Officer, and Peter Windisch as Chief Operations Officer – and Neil Ferguson as Chairman of the Board.  

About ILIFE Consulting

ILIFE Consulting is a Paris-based CRO specialized in early-phase oncology and biotech development. Since 2013, ILIFE has partnered with emerging biotech companies to deliver tailored strategic and operational support – from protocol design to full clinical trial execution, including first-in-human and multi-country studies. With deep expertise in oncology, rare diseases, novel therapeutic modalities, and complex regulatory environments, ILIFE accelerates timelines, optimizes data quality, and helps its clients make confident, value-driven decisions. Trusted by over 20 biotech sponsors across Europe, ILIFE’s senior team of scientific and clinical leaders is committed to delivering high-impact studies that bring innovation closer to patients.

www.Ilifeconsulting.com

About Comac Medical Group

Based in London, United Kingdom, Comac Medical Group is one of the leading pan-European, full-service CRO platforms striving to be the partner of choice for small and medium-sized biopharma clients globally. The Group is present in more than 30 countries across Western Europe and Central and Eastern Europe, providing a comprehensive range of early to late-phase drug development services across a variety of therapeutic areas including oncology, rare diseases, dermatology, gastroenterology, and respiratory diseases.

Comac Medical’s FDA and EMA-inspected Clinical Research Unit (CRU) for Phase I, bioavailability and bioequivalence studies has 20 years of experience in early-phase clinical research. Based in Sofia, the facility is the largest in the region and comprises 42 beds, an on-site pharmacy as well as a clinical and bioanalytical laboratory.

www.comac-medical.com 

About EdgeCap Partners

EdgeCap is a London- and Tallinn-based mid-market private equity and growth capital firm targeting investments into high-quality companies in Europe. We partner with ambitious founders and management teams to develop strong local businesses into pan-European and global champions. EdgeCap was founded in 2021 by Kristjan Piilmann and Chris Backes, who have 20+ years of combined private equity and investment banking experience at bulge bracket firms including PSG Equity LLP, Morgan Stanley, Citi and Goldman Sachs.

www.edgecap.eu

 

Gorilla Technology Shares Repurchase and Insider Ownership Updates; To Announce Q1 Earnings


London, United Kingdom – Newsfile Corp. – May 22, 2025 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today announced a series of significant developments underscoring its confidence in long-term value creation and sustained operational momentum.

Update on Share Repurchase Programme: Cumulative $5.4M

Gorilla successfully completed the repurchase of over $1.8 million worth of its own shares in April and May, capitalising on market dislocation and reinforcing its belief in the intrinsic value of the business. This strategic deployment of capital reflects the company’s confidence in its growth trajectory, operational execution and long-term fundamentals.

This brings the company’s cumulative share repurchases under the current buy-back programme to $5.4 million in the past twelve months, leaving $4.6 million remaining under the $10 million authorized by the Board. The company remains open to further opportunistic repurchases as cash buffers continue to strengthen.

Update on Insider Ownership: Approaches 20%

In a show of commitment and deep alignment with shareholder interests, the directors and officers of the company purchased additional shares in April and May during the permitted trading window. Collectively, Gorilla’s management and Board of Directors now control nearly 20% of the Company, reinforcing insider confidence and vested interest.

Upcoming Earnings Release

Gorilla Technology will release its financial results for the first quarter of 2025 in the first half of June, which will be followed by an investor call. The company is poised to report continued progress across key markets including Southeast Asia, USA, Latin America and the UK, driven by its AI-powered smart infrastructure solutions. Call information will be circulated shortly.

About Gorilla Technology Group Inc.

Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.

Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

For more information, please visit our website: Gorilla-Technology.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Gorilla’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to attract the attention of customers and investors alike, Gorilla’s ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading “Risk Factors” in the Form 20-F Gorilla will file with the Securities and Exchange Commission (the “SEC”) on April 30, 2025 and those that are included in any of Gorilla’s future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Investor Relations Contact:

Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com

The issuer is solely responsible for the content of this announcement.

About Gorilla Technology Group Inc.