• Promoted K-Food through Jongga and O’food at the world’s largest food trade fair, which drew around 160,000 visitors from October 4 to 8
• Up to 3,000 visitors per day stopped by the booth during the five-day event, with three fusion dishes featuring Jongga Kimchi earning rave reviews.

SEOUL, South Korea, Oct. 14, 2025 /PRNewswire/ — Daesang announced on the 14th that it successfully operated its booth at ‘ANUGA 2025,’ the world’s largest food trade fair, held in Cologne, Germany from October 4 to 8 (local time). During the exhibition, up to 3,000 visitors per day stopped by the Daesang booth, further solidifying its position as a leading K-Food company on the global stage.

‘ANUGA 2025’ is the world’s largest food trade fair, providing a platform to explore global food industry trends and innovations. This year, more than 8,000 companies from 118 countries participated, attracting around 160,000 visitors and marking the largest scale in its history. Notably, Korea was selected as the official Partner Country for the first time in the fair’s history, underscoring the growing global attention on K-Food.

Within the “K-Food Partner Country Pavilion,” organized by the Korea Food Industry Association, Daesang held more than 300 business meetings with buyers from over 30 countries, including those from Europe, the United States, Canada, and Australia, over the five-day event. As one of the most prominent booths in the pavilion, it drew enthusiastic responses from visitors. In particular, major European distributors from Germany, France, and the United Kingdom showed strong interest in Daesang’s O’food and Jongga products. The company also engaged in in-depth discussions with local buyers to establish new supply contracts and met with many existing partners to expand its product lineup.

Locally produced products such as Mat Kimchi, Gochujang, and Gochujang sauces drew strong interest from buyers. The surge in inquiries about expanding local distribution channels reflected the increasing global demand for kimchi. Gochujang, in particular, benefited from the growing preference for spicy flavors among European consumers, creating opportunities to expand into the regional sauce market.

A cooking show by Michelin-starred Chef Fabrizio Ferrari, well known in Korea for his appearances on Netflix’s Culinary Class War and JTBC’s Please Take Care of My Refrigerator, drew large crowds each day. The cooking show featuring three fusion dishes made with kimchi, including Kimchi Carbonara, Kimchi Sandwich, and Kimchi Cheesecake, drew enthusiastic attention at every session. The pairing of European cuisine with kimchi was especially praised as “beyond expectations,” demonstrating the ingredient’s versatile potential.

Local media also showed strong interest. Westdeutscher Rundfunk (WDR), one of Germany’s major broadcasters, featured a variety of dishes made with kimchi while highlighting Jongga Kimchi, O’food ready-to-eat meals, and sauces, capturing the attention of local consumers. Bernd Zehner, a leading German food creator with 580,000 YouTube subscribers, also visited the Daesang booth to cover the event and help promote the appeal of K-Food.

The Daesang booth stood out with its unique “Vibrant Bloom” design concept, incorporating traditional Korean minhwa artwork. Inspired by Daesang’s corporate identity, the booth’s design features a tree rising five meters from its strong roots. Its striking design captivated visitors, while the harmonious blend of traditional Korean culture and modern aesthetics visually reinforced the beauty of K-Food and significantly enhanced Daesang’s brand image. Going beyond a simple product showcase, the booth also highlighted Daesang’s 69 year history, brand story, and Korean culture, leaving a strong impression on local media and European consumers alike.

Jung-Bae Lim, CEO of Daesang, stated, “This large-scale exhibition, where global consumers from all over the world gather, provided a meaningful opportunity to highlight the rising status of K-Food while reaffirming Daesang’s influence in the European market. We will accelerate our expansion in Europe by building on tangible achievements with local buyers.”

Meanwhile, Daesang is accelerating its push into the European market, which has emerged as a key export destination amid the rising global popularity of K-Food driven by the Korean Wave. By adjusting product formulations to meet regulatory requirements and developing tailored products that align with European standards, the company achieved a 35% year-on-year sales increase in Europe in 2024. In addition, Daesang is building a large-scale kimchi plant in Europe, a first for a Korean food company. Once completed, the facility is expected to produce over 3,000 tons of kimchi annually by 2030, supporting the region’s rapidly growing demand.

About Daesang Corporation

Founded in 1956, Daesang Corporation has been one of the world’s largest producers of fermented food products for over 60 years, and has grown to be the global leading Korean based food company by operating global brands such as Jongga, and O’Food which provides sauce, ready-to-eat meals, and many more products. Headquartered in South Korea, the company has also manufacturing subsidiaries in United States, Poland, China, Indonesia, and Vietnam. Visit www.daesang.com/en for more information.

Multiple Iridium data services integrated into the powerful Snapdragon platform for U.S. government and allied users

MCLEAN, Va., Oct. 14, 2025 /PRNewswire/ — Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice, data, and PNT satellite services, and Qualcomm Technologies, Inc. (QTI) today announced that they have successfully integrated Iridium^® data services into the Snapdragon^® Mission Tactical Radio (MTR) and intend to make these services available for adoption and use by U.S. government customers and approved allied partners.

Iridium Satellite Network

By integrating Iridium data services, Snapdragon MTR-equipped devices, ranging from handheld and mounted radios to autonomous vehicles, stand to benefit from flexible, highly reliable, and secure L-band satellite communications in environments where terrestrial networks are congested, compromised, or unavailable.

To meet diverse mission needs, the Snapdragon MTR can integrate multiple Iridium services into a single chipset: Short Burst Data^® (SBD^®), for proven low-latency messaging and telemetry, and Iridium Burst^®, for receipt of simultaneous broadcasts to an unlimited number of enabled devices. The Iridium waveform, coupled with QTI’s leadership in commercial wireless capabilities such as cellular, Wi-Fi, Bluetooth, and GNSS, will enable powerful global connectivity in devices with strict size, weight, power, and cost (SWaP-C) requirements.

Iridium Executive Vice President of Government Programs Scott Scheimreif said, “The Snapdragon MTR positions Iridium and QTI at the forefront of next-generation communications architectures while equipping warfighters and coalition partners with scalable solutions.”

QTI-powered devices with integrated Iridium data services, which will be eligible for activation through the Enhanced Mobile Satellite Services (EMSS) program, are expected to be available following finalization of commercial arrangements among QTI, Iridium and original equipment manufacturers (OEMs). Iridium EMSS connectivity provides trusted and protected access to satellite communications for an unlimited number of approved government users. This latest innovation marks another advancement in Iridium’s commitment to the EMSS program, a longstanding partnership that delivers truly global standard and secure voice, broadcast, push-to-talk (PTT), and other services to approved government subscribers anywhere on Earth.

Iridium and QTI are working to make Iridium data services available via the Snapdragon^® X75 5G Modem-RF System in the form of an M.2 modem module for government partners who wish to create unique satellite connectivity solutions.

Iridium and QTI are highlighting Snapdragon MTR capabilities at the Association of the U.S. Army’s (AUSA) annual convention October 13-15, 2025, in Washington, D.C., with demonstrations planned alongside industry partners.

For more information about the Iridium EMSS program, visit www.iridium.com/enhanced-mobile-satellite-services.

About Iridium Communications Inc.

Iridium^® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations, and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2024, Iridium acquired Satelles and its positioning, navigation, and timing (PNT) service. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services, and partner solutions, visit www.iridium.com.

Snapdragon is a product of Qualcomm Technologies, Inc. and/or its subsidiaries. Snapdragon is a trademark or registered trademark of Qualcomm Incorporated.

LONDON, Oct. 14, 2025 /PRNewswire/ — 50 Best has announced its first-ever extended list of hotels ranked from No.51 to No.100. The list recognises even more properties than ever before, as voted for by The World’s 50 Best Hotels Academy. The list spans 24 different territories, 40 cities and includes 13 independent hotels.

These hotels represent best-in-class hospitality and lay the foundation ahead of the unveiling of the full ranking of The World’s 50 Best Hotels 2025 on 30 October. This expanded list reflects 50 Best’s ongoing commitment to inclusivity and depth, offering a richer, more comprehensive guide to hotels.

The full list can be viewed here.

Europe tops the list with 17 hotels ranked, including nine properties in Italy such as: Hotel Cipriani (No.72), Casa Maria Luigia (No.82) and Portrait Milano (No.99). Sweden’s Ett Hem (No.89) and Türkiye’s Maçakızı (No.96) represent their respective destination’s first ranked hotels since the awards’ launch in 2023. 

Aman Nai Lert in Bangkok tops the extended list at No.51 with 16 properties in Asia ranked. Hong Kong and Kyoto each feature two hotels including The Peninsula Hong Kong (No.54) and Aman Kyoto (No.74). The list also features three properties in India including The Johri (No.93) and Amanbagh (No.100).

The 51-100 list sees its first New Zealand hotel welcomed into the 50 Best community: Huka Lodge at No.88.

New York dominates North America’s rankings, with four hotels including: The Fifth Avenue Hotel (No.75) and The Greenwich Hotel (No.77). Elsewhere on the continent, The Beverly Hills Hotel (No.65) and San Ysidro Ranch (No.68) feature on the inaugural extended list. Three properties in Mexico feature including Four Seasons Tamarindo (No.55) and Montage Los Cabos (No.67).

South America is home to two properties: Hotel das Cataratas in Iguassu Falls (No.76) and Palacio Nazarenas in Cusco (No.87), both Belmond hotels.

Emma Sleight, Head of Content for The World’s 50 Best Hotels, comments: “As we enter our third year, we are delighted to honour even more of the world’s most outstanding hotels with the extended 51-100 list. From this year and beyond, we will be able to showcase an even larger pool of hotels and territories.”

The World’s 50 Best Hotels 2025 will be livestreamed on the 50 Best YouTube channel here at 20:00 UK time on 30 October.

Website: https://www.theworlds50best.com/hotels/

Media Centre: https://mediacentre.theworlds50best.com/

PDF – https://mma.prnewswire.com/media/2794912/50_Best.pdf

Strong global investor demand underscores confidence in Integrum’s differentiated strategy and partnership-driven approach 

NEW YORK, Oct. 14, 2025 /PRNewswire/ — Integrum Holdings LP (“Integrum”) announced the final close of Integrum Capital Partners II LP (“Fund II”) with $2.5 billion in capital commitments, surpassing both its original target and hard cap. The fund was significantly oversubscribed, reflecting continued strong support from existing limited partners and meaningful participation from a global group of new investors. Fund II’s investment capacity is further expanded by $500 million in additional commitments from the General Partner, friends and family, and affiliated co-investment vehicles.

With approximately $5 billion in assets under management, Integrum has invested in six companies to date, with equity commitments ranging from $100 million to $1.2 billion per investment.

Partnering with Management Teams to Accelerate Growth

Led by its Investment Committee – Tagar Olson, Ursula Burns, Richard Kunzer, Jeff Livingston and Kathy Reiland – Integrum pursues a focused, high conviction strategy to back businesses that operate in the services layer of the U.S. economy. The firm works closely with its management teams to accelerate organic growth and expand market presence.

“We have designed Integrum to be the best possible partner for outstanding services companies looking to invest behind talent and innovation,” said Tagar Olson, Co-Founder of Integrum. “The performance of our Fund I portfolio has validated that strategy, with companies delivering strong organic growth and enhanced strategic value. Our approach has enabled us to source attractive investment opportunities and develop deep relationships with management teams, which has reinforced investor confidence in our ability to drive long-term and repeatable value creation.”

Bringing together deep and complementary experience across investing, operations, capital formation, and organizational leadership, Integrum’s team is purpose-built to execute its strategy and capitalize on compelling investment opportunities.

“Since our founding, we’ve done exactly what we set out to do – assemble an experienced, high-integrity group of professionals from all aspects of business who work hand in hand with management to create lasting value,” said Ursula Burns, Co-Founder of Integrum. “We’ve been fortunate to attract exceptional talent—from recent graduates to deeply experienced investors and operators—who share our values and ambition.”

Global Investor Support for Integrum’s Approach

Fund II attracted a broad and global base of institutional investors, including public and private pension plans, insurance companies, family offices, foundations, investment consultants, sovereign wealth funds, and funds of funds.

“We are grateful for the continued support of our investors, substantially all of whom re-upped with us and in many cases at a multiple of their Fund I commitment size,” said Richard Kunzer, Co-Founder of Integrum. “In a competitive market, the speed and scale of this close speaks volumes about the trust and confidence our investors place in our team and strategy.”

About Integrum

Integrum is an investment firm focused on investing in services businesses and partnering with management teams to accelerate growth. Founded by a diverse group of proven leaders, the firm is built on deep domain expertise, shared values, and an aligned, high-conviction investment approach. Integrum looks to drive and accelerate sustainable, organic growth by investing in technology, innovation and talent, and forging lasting partnerships.

For more, visit www.integrum.us.

About the Integrum Charitable Foundation

The founders of Integrum have pledged 10% of their carried interest in Fund I and Fund II to the Integrum Charitable Foundation, which is managed by non-Investment Committee members of the firm. Through the Foundation, Integrum has committed to giving back—both financially and through active volunteerism—to causes that matter deeply to the team.

For more, visit www.integrum.us/foundation.

Media Contacts

Prosek Partners
pro-Integrum@prosek.com

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DUBLIN and STAMFORD, Conn. and SALT LAKE CITY, Oct. 14, 2025 /PRNewswire/ — AIP Capital (“AIP”), an alternative investment manager focused on opportunities in asset-based finance, and Breeze Airways (“Breeze”), the premium leisure carrier offering affordable, direct flights from underserved markets, announced the closing of a $47.5 million secured debt financing through AIP’s Private Credit strategy. The financing is secured by a diversified collateral package comprising the airline’s spare parts inventory, a spare engine, and a flight simulator.

The financing will support Breeze’s growth strategy as it continues to achieve key strategic milestones. With the introduction of new domestic and international routes and the expansion of ancillary products, Breeze has been delivering on its mission to provide travelers with an enhanced travel experience across its growing network.

“We are proud to deepen our relationship with Breeze Airways by providing a bespoke financing solution to support Breeze’s strategic growth,” said Colm Daly, Director at AIP Capital. “This transaction underscores AIP’s ability and expertise in structuring innovative, scalable capital solutions for our airline partners globally”.

“We are pleased to have closed this strategic transaction with AIP Capital,” said Trent Porter, Chief Financial Officer. “We’re excited to have partnerships like AIP looking to explore innovative ways to support Breeze’s growth and mission to provide an elevated premium leisure experience to our current and future Guests in unserved and underserved communities.”

AIP Capital’s Private Credit business, through its global origination capabilities and long-term investor relationships, provides tailored financing solutions secured by aircraft and non-aircraft collateral to airline customers around the world.

About Breeze Airways

Breeze Airways operates more than 300 year-round and seasonal routes to 81 cities in the United States, Mexico, and the Caribbean. Founded by aviation entrepreneur David Neeleman, Breeze took flight in May 2021 bringing premium, affordable, and nonstop air service to secondary markets on its flagship fleet of Airbus A220-300 aircraft. Breeze has been named a top 4 “Best Domestic Airline” by Travel + Leisure for four consecutive years and was named one of Fast Company’s Most Innovative Companies for 2025. Breeze was the first U.S. domestic airline to be certified by Autism Double Checked and is the official airline of Make-a-Wish Utah. With seamless booking, friendly policies, and customized booking options, Breeze makes it easy to buy and Seriously Nice™ to fly.

Media Contact:
McKinnley Matson
corporatecommunications@flybreeze.com

About AIP Capital

AIP Capital (AIP) is a global alternative investment manager focused on opportunities in asset-based finance including aviation and equipment finance. AIP, together with its affiliates, manages approximately $4 billion of assets on behalf of a diversified global investor base. The AIP team is comprised of more than 40 experienced professionals across AIP’s offices in Stamford, New York City, Dublin, and Singapore.

For more information about AIP Capital or to speak with company executives, please contact investor.relations@aipcapital.com.

DUBAI, UAE, Oct. 14, 2025 /PRNewswire/ — Timekettle, a global leader in AI-powered translation, makes its debut at GITEX, one of the most influential tech events in the Middle East, occupying Stand 55 in Hall 2 at the Dubai World Trade Centre from October 13 to 17. This appearance highlights the brand’s latest technological strides, underscoring its efforts to both visibility and strategic partnerships as it expands into the region.

GITEX has long served as a global nexus for innovation in information technology, telecom, and smart solutions. For companies seeking to enter Middle Eastern and broader global markets, this expo offers unmatched exposure to industry leaders, channel partners, and forward-looking consumers.

W4 AI Interpreter Earbuds for Seamless, Real-time Multilingual Communication

At the expo, Timekettle showcases a lineup of its latest products, highlighting the W4 AI Interpreter Earbuds. Since its launch at IFA 2025, the W4 has added support for Bengali, expanding Timekettle’s translation coverage to 43 languages and 96 accents.

The W4 represents a leap forward in real-time communication. It is the first device to integrate bone-voiceprint sensor voice capture with AI-powered translation based on large language models. By isolating speech from surrounding noise, it delivers translations with 98% accuracy and an ultra-low 0.2-second response time.

Building on the success of the W4 Pro over-ear model for professionals, the new in-ear version combines high performance with portability. Its ergonomic design and precisely aligned microphone ensure clear voice pickup, while its Navy Blue and Sandy Gold finishes blend style with function.

Bone conduction technology captures speech vibrations directly through the skull, eliminating background noise and preventing sound leakage. This enables clear, private conversations even in crowded or noisy environments. Smart features such as auto-switching between listening and speaking modes, and a flip-share case for two-way translation make the device effortless to use.

The W4 offers up to four hours of translation or eight hours of music playback, extendable to 10 and 18 hours respectively with the charging case.

Powered by Timekettle’s latest AI translation system, Babel OS 2.0, the W4 combines real-time prediction, contextual understanding, and adaptive lexicons to deliver near-human fluency. AI voice-cloning feature, slated for 2026, will further personalize the translation experience.

Expanding Presence in the Middle East

Timekettle has already established a presence in the Middle East, with its products available at Sharaf DG and Virgin Megastore, two of the region’s leading retail chains. Its debut at GITEX marks a significant step toward deeper market engagement and the strengthening of partnerships with premium distribution channels.

To learn more about how Timekettle fuses AI, translation, and hardware to transform cross-language communication across regions and the brand’s latest products, please visit: https://www.timekettle.co/.

About Timekettle

Since its inception in 2016, Timekettle has been at the forefront of cross-language communication innovation. With award-winning products and a global user base of over one million, Timekettle continues to set new standards in AI translation technology, striving to achieve universal communication freedom.