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Vatech Introduces ‘Clever One’ – A Game-Changing Dental Viewer Solution for the U.S. Market.

FDA-cleared AI dental platform integrates diagnostic support, treatment planning, and patient consultation into one seamless workflow

TEANECK, N.J., Aug. 4, 2025 /PRNewswire/ — Vatech, a global leader in dental imaging innovation, has officially launched ‘Vatech® Clever One’, its next-generation all-in-one dental platform, in the United States. Following FDA clearance of its AI-based lesion detection feature, the company now offers U.S. dental professionals a unified diagnostic environment designed to streamline every step of the clinical workflow—from image acquisition and simulation to patient communication.

Clever One enables the integration of panoramic, CBCT, intraoral, facial, and STL scan data within a single viewer. Its intuitive interface eliminates the need to switch between multiple software systems, helping dental professionals save time, reduce diagnostic complexity, and improve treatment predictability.

Key features include:

  • AI Lesion Detection: Automatically identifies potential lesions in panoramic images to support faster, more accurate screening
  • 3D Segmentation: One-click separation of teeth and bone structures enhances visualization for implantology and endodontics
  • Root Canal Analysis Tools: Assist measure root canal length and diameter, supporting precise endodontic planning
  • Image Alignment Support: Drag-and-drop functionality aligns CBCT, IOS, and facial scans in seconds
  • Implant and Endo Simulations: Advanced tools assist with preoperative planning for clinical decisions
  • Dual Scan Comparison: Allows clinicians to visualize changes before and after treatment
  • Scenario-Based UI/UX: Interface is structured to reflect real clinical workflows—diagnosis, comparison, consultation
  • Cloud Integration: Seamlessly syncs with EzCloud for data sharing and collaborative case management

The AI technology behind Clever One was developed through strategic partnerships with leading dental software and AI firms, including Pearl. These collaborations allow the platform to offer highly accurate segmentation, real-time lesion detection, and automated data management features—all tailored to clinical realities.

Clever One also emphasizes user-centric design, allowing practitioners to configure toolbars, customize layouts, and adapt to various clinical setups, whether on chairside touchscreens or diagnostic workstations. The platform’s responsive UI ensures compatibility across different resolutions and operating environments.

With the introduction of Clever One, Vatech reinforces its commitment to shaping the future of digital dentistry—where all diagnostic, planning, and communication processes are integrated into one intelligent and efficient platform.

For more information, visit www.vatechamerica.com.

About Vatech

Vatech(www.vatech.com) is a global leader in dental imaging, specializing in advanced digital X-ray solutions with innovative low-dose technology. The company pioneered the world’s first 3-in-1 digital X-ray system and continues to lead the market with high-value 3D imaging products. Vatech is recognized for its cutting-edge technology and human-centered innovations. Vatech is a trusted brand among dental professionals worldwide, renowned for its commitment to innovation and excellence in dental diagnostics.

Atlas Lithium’s Neves Project Completes Definitive Feasibility Study Estimating 145% IRR and 11-Month Payback


Boca Raton, Florida – Newsfile Corp. – August 4, 2025 – Atlas Lithium Corporation (NASDAQ: ATLX) (“Atlas Lithium” or “Company”), a leading lithium development company, is pleased to announce that SGS Canada Inc. (“SGS”) has completed the Definitive Feasibility Study (“DFS”) for the Company’s 100%-owned Neves Lithium Project (“Project”), a technical report prepared under the U.S. guidelines of Item 1300 of Regulation S-K (“Regulation S-K 1300”). This hard-rock Project is well-suited to being a low-cost open-pit mining operation, as its spodumene deposits are located relatively close to the surface. Located in the state of Minas Gerais, Brazil, the Project encompasses 4 of the 98 mineral rights for lithium owned by Atlas Lithium. As detailed in the DFS, the Neves Project is expected to deliver strong financial metrics with an internal rate of return (“IRR”) of 145%, payback in 11 months from the start of operations, and an after-tax net present value (“NPV”) of $539 million. Importantly, the DFS estimates the Neves Project to have operational production costs of only $489 per tonne of lithium concentrate, positioning Atlas Lithium among the world’s lowest-cost producers. Complete details of these metrics can be found in the DFS, filed with the Securities and Exchange Commission as an exhibit to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025. Marc-Antoine Laporte from SGS serves as the Qualified Person for the DFS under Regulation S-K 1300. SGS is well-known as a global leader in testing, inspection, and certification services for mineral properties and projects.

Industry-Leading Capital Efficiency and Low Operating Costs

The DFS supports that expected direct capital expenditures of $57.6 million will be needed for the implementation of the Project, by far the lowest such capital costs among other announced projects in Brazil. Notably, Atlas Lithium has already invested approximately $30 million in acquiring and transporting the Project’s newly fabricated dense media separation (“DMS”) plant to Brazil, as previously reported. The Company has secured two non-dilutive pre-payment agreements for its lithium concentrate totaling $40 million and has received additional funding interest from other parties, including 10-year debt financing options, any of which could support the Project’s capital requirements.

The Company believes that the DFS validates the Project’s strong economics, positioning it among the most capital-efficient and lowest-cost hard-rock lithium developments globally. The Project will employ proven DMS technology, with comprehensive metallurgical testing demonstrating an expected robust lithium recovery rate of 61.7% to produce high-quality, low-impurity lithium concentrate. This relatively straightforward, low-risk DMS processing methodology minimizes technical complexity and operational risk while enabling a low environmental footprint.

Atlas Lithium’s mineral right to be mined, as detailed in the DFS, received its “Portaria de Lavra” (mining concession) status from Brazil’s Ministry of Mines and Energy on May 27, 2025 — the highest level of titleship in Brazil and one that allows continuous mining operations. Multiple deposit areas within the Project remain open for resource expansion along strike and at depth and are thus expected to extend the life of mine. Additionally, numerous high-potential geological targets remain within the Project’s mineral rights, providing compelling opportunities for future exploration.

Located in the established Araçuaí Pegmatite District in the Vale do Jequitinhonha, often called Lithium Valley, the Project benefits from favorable infrastructure, including proximity to transportation networks, water resources, and skilled labor. The Project qualifies for tax incentives from the Superintendency for the Development of the Northeast (SUDENE), as promulgated by Brazil’s Ministry of Integration and Regional Development, reducing the corporate tax rate from 34% to 15.25% and further enhancing profitability.

“The DFS indicates potentially outstanding returns for our initial vision of developing a focused, near-term, profitable lithium production asset with minimal capital requirements,” said Marc Fogassa, Chairman and CEO of Atlas Lithium. “The combination of our low capital intensity and rapid payback period is expected to create exceptional value for our shareholders while positioning Atlas Lithium to benefit from future organic expansion opportunities at Neves and other high-potential lithium areas that we own. Importantly, we are creating many quality employment opportunities in the Vale do Jequitinhonha region, representing a significant societal contribution of our Project.”

Experienced Leadership Driving Project Implementation

Following his leadership role in collaborating with SGS on the DFS, project implementation activities are being supervised by Eduardo Queiroz, Atlas Lithium’s Project Management Officer (PMO) and Vice President of Engineering. Mr. Queiroz has more than two decades of hands-on experience managing complex, large-scale mining projects.

“The DFS demonstrates the technical robustness of the Project, with proven DMS technology and comprehensive metallurgical test work validated by SGS, a premier firm in the lithium space,” said Mr. Queiroz. “With our processing plant fully fabricated and paid for, and now with the DFS in hand, we have systematically de-risked the Project. I am excited to lead the implementation phase of Atlas Lithium’s journey to becoming a lithium producer.”

Salinas and Clear: The Next Expansion Frontier

Atlas Lithium is strategically positioned to capitalize on its extensive regional lithium exploration portfolio in Brazil, particularly through advancement of its Salinas Project and Clear Project, both 100% owned by the Company. Atlas Lithium’s Salinas Project is just 5 miles east of the Colina lithium asset previously owned by Latin Resources — a major factor in Pilbara Minerals’s acquisition of that company in 2024 for approximately $370 million. At the Salinas Project, Atlas Lithium has already achieved promising initial results, including the discovery of spodumene-rich pegmatites very close to the surface, and highly positive results from soil geochemistry and from LIDAR geological mapping.

Atlas Lithium’s Clear Project is located less than 4 miles from Sigma Lithium’s operating lithium mine, and represents significant untapped potential with highly positive results from soil geochemistry and from LIDAR geological mapping.

Diversification in Critical Minerals

Atlas Lithium also owns approximately 30% of Atlas Critical Minerals Corporation (OTCQB: JUPGF), a separate company with exploration programs in uranium, rare earths, titanium, and graphite.

About Atlas Lithium Corporation

Atlas Lithium Corporation (NASDAQ: ATLX) is a lithium development company focused on advancing its Neves Project to production. The Neves Project’s Definitive Feasibility Study demonstrates excellent economics with a 145% IRR, $539 million NPV, and an 11-month payback. The Neves Project has received operational permitting, and its dense media separation plant has been acquired and transported to Brazil. With approximately 539 square kilometers of lithium mineral rights, Atlas Lithium owns the largest lithium exploration footprint in Brazil among publicly listed companies. Additionally, Atlas Lithium currently holds an approximate 30% ownership stake in Atlas Critical Minerals Corporation (OTCQB: JUPGF).

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Lithium and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward-looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: Atlas Lithium’s ability to successfully assemble and begin operations of its modular plant; reaching estimated production, development plans and cost estimates for the Neves Lithium Project as reported in the Definitive Feasibility Study (the “DFS”); discrepancies between actual and estimated mineral reserves and mineral resources, between actual and estimated development and operating costs, and between estimated and actual production; results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events, and regulatory changes; availability of capital; Atlas Lithium’s ability to maintain its competitive position; manipulative attempts by short sellers to drive down our stock price; and dependence on key management.

Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled “Risk Factors” in the Company’s Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 28, 2025, and in the Company’s Form 10-Q filed with the SEC on August 4, 2025. Please also refer to the Company’s other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company’s views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements.

Investor Relations
Gary Guyton
Vice President, Investor Relations
+1 (833) 661-7900
gary.guyton@atlas-lithium.com
https://www.atlas-lithium.com/
@Atlas_Lithium

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

About Atlas Lithium Corporation

TERREPOWER Solidifies Global Leadership in Sustainable Manufacturing as Multi-Billion Automotive and Industrial Aftermarket Continues to Surge

DAPHNE, Ala., Aug. 4, 2025 /PRNewswire/ — TERREPOWER, formerly BBB Industries, a global pure-play aftermarket leader in sustainable manufacturing, continues to experience significant growth driven by its visionary leadership and innovative solutions for the automotive and industrial aftermarket. In 2024, the company produced 17 million remanufactured units out of 20 million total units while avoiding more than 160,000 metric tons of CO2 through its carbon neutral business model, positioning TERREPOWER as the world’s largest sustainable manufacturer by volume.

“Traditional remanufacturing extends the life of automotive and industrial parts while TERREPOWER’s sustainable manufacturing processes also prioritize responsible sourcing, efficient waste management, a systematic approach to energy use and resource conservation for environmental stewardship,” said Duncan Gillis, CEO of TERREPOWER. “Our success reflects both the exceptional value of our components for end users and the benefits of smarter sourcing, which keeps business flowing amidst market uncertainties and supply chain disruptions.”

TERREPOWER’s scaled sustainable manufacturing process has advantages beyond environmental responsibility. For customers, it fulfills a strategic imperative to ensure operational continuity, economic stability and risk mitigation in a volatile global economy. With the shift from traditional far-shoring to near-shoring and on-shoring, amplified by today’s dynamic environment of trade agreements and tariffs, sustainable manufacturing using core components and production close to customers becomes even more desirable.     

TERREPOWER boasts an extensive global reach with products sold in 90 countries, supported by a dedicated workforce of more than 10,000 people worldwide. The company is undergoing aggressive expansion propelled by growing demand for high-quality, sustainably manufactured products. The recent appointment of European business unit president, Michael Boe, based in Zug, Switzerland, signals the company’s continued dedication to strengthening its capabilities in key markets internationally while maintaining its commitment to carbon neutrality.

“TERREPOWER’s commitment to innovation and sustainability, paired with its global growth strategy, makes this an incredible opportunity,” said Michael Boe, president of TERREPOWER’s European business unit.

Sustainable to the Core

Founded in 1987 as BBB Industries, the company has evolved from its roots as a family-run remanufacturing business in the American South to a global, scaled circular business—a testament to a clear strategic vision that underpins its growth. Earlier this year, the company rebranded to TERREPOWER to demonstrate its profound commitment to innovation and fostering a more efficient, resource-conscious future. Derived from the French word for “earth,” “Terre” signifies a dedication to preserving valuable resources, while “Power” reflects the power of the company’s value proposition.

At the core of TERREPOWER’s value proposition is delivering high-quality, sustainably manufactured aftermarket parts that meet or exceed OEM standards—at a significant cost advantage. Through meticulous remanufacturing of used or worn components to like-new condition, the company’s approach effectively breaks the OE quality vs. cost trade-off, offering exceptional value by repurposing “core” materials without incurring the raw material extraction costs or the significant carbon footprint associated with manufacturing entirely new parts.

TERREPOWER’s success also reflects a global shift, where industries are increasingly transitioning from a traditional linear “take-make-waste” model to a circular economy paradigm propelled by escalating environmental awareness, regulatory pressures, and the pursuit of operational efficiencies and cost savings across sectors. These financial advantages, coupled with a reduced environmental footprint, enhance product appeal to eco-conscious buyers who are driving increased market demand. This positive feedback loop further incentivizes investment in sustainable infrastructure, accelerating a structural transformation of the market.

Global Growth for the Company and Aftermarket Industry

Remanufacturing is part of the broader aftermarket industry. According to Auto Care Association’s most recent Auto Care Factbook, in 2024, total U.S. light-duty automotive aftermarket sales grew by 5.7 percent, reaching $413.7 billion. Sales in 2025 are expected to reach $435 billion. The broader automotive aftermarket (including light, medium, and heavy-duty segments) is forecasted to exceed $664 billion by 2028. This sustained growth, even amidst economic challenges such as inflation, highlights the industry’s resilience and the increasing tendency of consumers to keep aging passenger vehicles, which now average over 12.8 years on the road.

Remanufacturing is not limited to the automotive sector. According to the Remanufacturing Industries Council, it serves a wide range of markets from aerospace, automotive and consumer products to heavy duty equipment, information technology, locomotive systems and others. Globally, the industry is also experiencing substantial growth. Key trends driving its growth include increasing acceptance of the remanufacturing value proposition, inflation affecting affordability, aging equipment, decreasing number of traditional service professionals, technical complexity of modern parts, increasing global regulatory emphasis on circularity and sustainability, resource efficiency, and the reduction of carbon emissions. Other trends include a heightened demand for environmentally friendly vehicles from consumers and strong demand among fleet operators for cost-effective, high-quality alternatives to new parts. Micro trends influencing the future of remanufacturing include the accelerating shift to EVs, which presents challenges to traditional automotive parts remanufacturing and unlocks substantial new opportunities, particularly in battery remanufacturing.

Ultimately, inherent cost-effectiveness coupled with their contribution to supply chain resilience positions remanufactured parts as economically compelling alternatives to new production. The appeal to buyers and decision-makers is clear. TERREPOWER serves as a reliable, value-driven and increasingly regional source for critical components. The company’s innovative approach makes a compelling business case for sustainable manufacturing, and its success demonstrates that environmental responsibility and robust economic viability are not mutually exclusive but synergistic.

Given the broad array of products that benefit from sustainable manufacturing and opportunities in Europe and other markets internationally, TERREPOWER’s growth prospects continue to strengthen. With unwavering commitment to creating long-term value for customers through continuous innovation, TERREPOWER is catalyzing the growth of a circular economy for the automotive and industrial sectors worldwide.

About TERREPOWER

TERREPOWER, formerly BBB Industries, is the largest sustainable manufacturer in the world by volume. Founded in 1987 on a legacy of innovation, TERREPOWER is a global pure-play aftermarket leader specializing in providing high-quality components to the automotive and industrial markets. Based in Daphne, Alabama, TERREPOWER has a dedicated global workforce of over 10,000 employees and an extensive operational footprint throughout North America and Europe, including 19 sustainable manufacturing facilities, 14 distribution centers, and 28 brands with products sold in more than 90 countries, TERREPOWER is committed to strengthening supply chain resilience, reducing waste and advancing the circular economy. Learn more at www.terrepower.com.

 

FiEE, Inc. is Showcasing SAAS products and Technologies at the 2025 Osaka World Expo

HONG KONG, Aug. 4, 2025 /PRNewswire/ — FiEE, Inc. (NASDAQ:FIEE) (“FiEE, Inc.” or the “Company”), a technology company integrating IoT, connectivity and AI to redefine brand management solutions in the digital era, is pleased to announce that it is participating at the 2025 World Expo in Osaka later this month, showcasing its latest SAAS products and technologies.

The 2025 World Expo in Osaka serves as a premier global platform for technological innovation, offering enterprises unparalleled opportunities to showcase advancements, access international resources, and establish valuable partnerships. Themed as ‘Designing Future Society for Our Lives’, the event showcases several leading technology companies. Since its April 13 opening, the 2025 World Expo in Osaka has attracted over 10 million visitors, demonstrating its significance as a hub for exchange of innovative business concepts and development.

FiEE, Inc. will present its cutting-edge authentication technologies at the 2025 World Expo in Osaka and will set up a booth from August 26 to 28, which will feature advanced algorithmic verification systems, blockchain-powered traceability and certification solutions and its specialized SaaS platform integrating comprehensive KYC protocols to mitigate financial risks in talent markets, which the Company is currently expanding to overseas markets.

The Company’s core authentication technology utilizes algorithmic analysis to verify digital content authenticity through material and appearance comparison. This technological advancement is expected to position the Company as a leader in authentication services, and is expected to also establish a strong foundation for constructing a comprehensive value ecosystem that offers a secure, diverse and enduring platform for the talented individuals.

Rafael Li, Chief Executive Officer of FiEE, Inc., commented, “We are honored to join the 2025 World Expo in Osaka which we expect to present tremendous opportunities for the Company. Following our recent name change and strategic repositioning, we are enthusiastic to share with the world our efforts and dedication to building a comprehensive value ecosystem that leverages cybersecurity, AI, and big data for talented individuals worldwide. The 2025 World Expo in Osaka has gathered visitors from across the globe, and we are thrilled to engage with them, exchange innovative ideas, showcase our solutions, and outline our vision to create a billion-fan KOL community.”

About FiEE, Inc. 

FiEE, Inc. (NASDAQ:FIEE), formerly Minim, Inc., was founded in 1977. It has a historical track record of delivering comprehensive WiFi/Software as a Service platform in the market. After years of development, it made the strategic decision to transition to a Software First Model in 2023 to expand its technology portfolio and revenue streams. In 2025, FiEE, Inc. rebranded itself as a technology company leveraging its expertise in IoT, connectivity, and AI to explore new business prospects and extend its global footprint. 

FiEE, Inc.’s services are structured into four key categories: Cloud-Managed Connectivity (WiFi) Platform, IoT Hardware Sales & Licensing, SAAS Solutions, and Professional To-C and To-B Services & Support. Notably, FiEE, Inc. has introduced its innovative Software as a Service solutions, which integrate its AI and data analytics capabilities into content creation and brand management. This initiative has led to the nurturing of a robust pool of KOLs on major social media platforms worldwide, assisting them in developing, managing, and optimizing their digital presence across global platforms. FiEE, Inc.’s services include customized graphics and posts, short videos, and editorial calendars tailored to align with brand objectives. 

Forward-Looking Statements 
This communication contains forward-looking statements which include, but are not limited to, statements regarding the Company’s participation at the 2025 World Expo in Osaka; the expected success of the Company’s new SaaS products; the Company’s business strategy, including its strategic transformation; and the Company’s ability to drive long-term growth and shareholder value. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The Company’s expectations and beliefs regarding these matters may not materialize. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of uncertainties, risks, and changes in circumstances, including but not limited to risks and uncertainties related to: the ability of the Company to maintain compliance with the Nasdaq continued listing standards; the impact of fluctuations in global financial markets on the Company’s business and the actions it may take in response thereto; the Company’s ability to execute its plans and strategies; and the impact of government laws and regulations. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption “Risk Factors” in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and elsewhere in the Company’s subsequent reports on Form 10-K, Form 10-Q or Form 8-K filed with the U.S. Securities and Exchange Commission from time to time and available at www.sec.gov.  

Media 

fiee@dlkadvisory.com 

Source: FiEE, Inc.  

Taoping Targets FY26 Sales of Approximately US$27 Million from Smart Agriculture

SHENZHEN, China, Aug. 4, 2025 /PRNewswire/ — Taoping Inc. (Nasdaq: TAOP, the “Company”), a provider of innovative smart cloud platform services and solutions, today announced that it is targeting annual sales of approximately RMB 200 million (approximately US$27 million) in 2026 from an expanded cooperation in smart agriculture between its subsidiary, Taoping Industrial (Yunnan) Co., Ltd. (“Taoping Yunnan”) and Mengla County Agricultural Reclamation Group Co., Ltd. and its subsidiary Mengla County Mengman Farm Co., Ltd (collectively, “Mengla”).

Under the expanded cooperation, Taoping Yunnan and Mengla plan to increase the total planting area to 500 acres from the current nearly 75 acres, with the creation of several thousand flexible jobs. To achieve their ambitious goals, Taoping Yunnan and Mengla are leveraging advanced technologies, including enhanced drones, artificial intelligence (AI), big data and the Internet of Things, to enhance production and operational efficiency.

As previously announced in February 2025, the Company and the Government of Mengla County, Yunnan Province planned to promote high-quality development of the local agricultural industry and were targeting an expansion of their planting base in Mengla County, Xishuangbanna Prefecture, Yunnan Province to 3,500 acres, with 2027 projected annual output valued at RMB 600 million (US$82.5 million). 

Mr. Jianghuai Lin, Chairman and CEO of Taoping, said, “Our strategic partnership with Mengla has already delivered strong results. With their support in land, policy, and technical resources, our trial vegetable crops in early 2025 achieved excellent production and sales. These results validate the growth potential of our agricultural business and have led us to sign three additional land lease agreements with Mengla, significantly expanding our demonstration planting base and positioning us for accelerated revenue growth in this sector.”

About Mengla County, Yunnan Province

Mengla County is located in the southeastern part of Yunnan Province, China, bordering Laos to the south. It is part of the Xishuangbanna Dai Autonomous Prefecture and is known for its tropical rainforest, rich biodiversity, and ethnic diversity, with significant Dai, Hani, and Yi populations. The county is home to parts of the Xishuangbanna National Nature Reserve, which protects endangered species like Asian elephants and gibbons. Mengla serves as an important trade hub between China and Laos, with the Mohan border crossing being a key point for cross-border commerce. The region’s economy is driven by tourism, agriculture (notably tea and rubber plantations), and trade.

About Taoping Inc.

Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping’s smart cloud platform, cloud services and solutions, new media and artificial intelligence. For more information about Taoping, please visit http://en.taop.com.  You can also follow us on X.

Safe Harbor Statement

This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our potential inability to achieve or sustain profitability or reasonably predict our future results, the effects of the global pandemic or other health crisis, the emergence of additional competing technologies, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China’s legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

 

DXC and 7AI Partner to Deliver Revolutionary AI-Powered Security Operations Service

New agentic security service reduces operational costs through autonomous AI agents while delivering faster response times and scaling coverage

In 2025, 7AI’s platform has saved security teams 224,000 analyst hours – equivalent to approximately 112 analyst years of work and $11.2 million

LAS VEGAS, August 4, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, and 7AI, a leader in agentic security, today announced a strategic partnership to launch DXC Agentic Security Operations Center (SOC). As a category-defining moment, DXC will now integrate fully autonomous AI agents into its end-to-end managed security operations – from alert ingestion, through investigation to remediation – delivering enhanced speed, accuracy, and coverage for its customers globally. Additionally, DXC has implemented 7AI’s platform to optimize its internal SOC capabilities.

DXC and 7AI Partner to Deliver Revolutionary AI-Powered Security Operations Service
DXC and 7AI Partner to Deliver Revolutionary AI-Powered Security Operations Service

In the next few years, AI is expected to reshape security operations and significantly automate and transform core SOC tasks. DXC and 7AI’s partnership represents a fundamental shift in how managed security services are delivered, moving beyond traditional manual approaches to leverage 7AI’s specialized AI agents that autonomously handle alert triage, threat investigation, and incident response. The new DXC Agentic SOC will be available to customers worldwide and delivers measurable improvements in security outcomes across speed, scale, and cost. By leveraging 7AI’s platform, DXC Agentic SOC eliminates the traditional bottlenecks of manual alert processing, expecting to save customers 30 minutes to 2.5 hours per investigation reduce false positive rates that can consume analyst resources.

“The use of AI enhances security efforts by boosting efficiency, augmenting human skills, and enabling SOCs to scale and deliver greater value in the face of growing cyber threats,” said Chris Drumgoole, President, Global Infrastructure Services at DXC. “The future of security operations isn’t about more tools or more automation, it’s about intelligent AI agents that deliver measurably better outcomes. By partnering with 7AI, we’re pioneering the next phase of managed security services, delivering better insights, faster response times and, ultimately, superior protections for our customers.”

Across 7AI’s customer base, the 7AI platform has already saved security teams over 224,000 analyst hours – equivalent to 112 full-time analyst years of work and more than $11.2 million in reclaimed productivity. With the platform projected to save customers over $100 million in 2025, according to 7AI, the company’s Dynamic Reasoning innovation autonomously determines the appropriate investigative approach for novel, never-before-seen threats in real time – without requiring pre-written playbooks or rules. Customers will benefit from DXC’s security experts for implementation and ongoing support, as well as incident response and breach management services to ensure rapid remediation. Additionally, as part of its managed service, DXC’s extensive network provides anonymized threat patterns and intelligence that enhance 7AI, improving detection capabilities while maintaining strict client data protection. This includes comprehensive governance, risk, and compliance services, tailored to the unique needs of each customer.

“DXC’s global cybersecurity scale – serving hundreds of customers, across 25 delivery centers that process 4.5 million daily security threats – provide the real-world data environment essential for advancing our AI. This combination of proven security leadership and operational breadth makes DXC the ideal partner for delivering truly agentic security solutions to the enterprise market,” said Lior Div, CEO and Co-Founder of 7AI. “This partnership validates our vision for a new era where security teams can focus exclusively on security outcomes. DXC customers will experience what it means to have AI agents that continuously improve their understanding of each organization’s unique security context.”

Experience the Future at Black Hat 2025

Customers and prospects can experience live demonstrations of DXC Agentic SOC at the 7AI booth (#1940) and visit DXC in the AI Pavilion (booth 4412) during Black Hat 2025, August 3-8 in Las Vegas. The announcement at Black Hat reinforces DXC’s position as a cybersecurity innovator, showcasing live autonomous AI investigations that traditionally require hours of manual analyst work. DXC representatives will be available to discuss implementation, customization options, and integration with existing DXC services.

To learn more about DXC Agentic SOC, visit www.dxc.com/agentic-soc

About DXC Technology

DXC Technology (NYSE: DXC) is a leading global provider of information technology services. We’re a trusted operating partner to many of the world’s most innovative organizations, building solutions that move industries and companies forward. Our engineering, consulting and technology experts help clients simplify, optimize and modernize their systems and processes, manage their most critical workloads, integrate AI-powered intelligence into their operations, and put security and trust at the forefront. Learn more on dxc.com.

About 7AI

7AI is the leader in agentic security, delivering the industry’s first agentic security platform that harnesses specialized AI agents to autonomously handle essential security operations tasks. Founded in 2024 by cybersecurity veterans Lior Div and Yonatan Striem-Amit, creators of Cybereason, 7AI enables security teams to shift from reactive, manual processes to proactive, autonomous defense. The company’s Dynamic Reasoning technology allows AI agents to adapt their decision-making based on contextual understanding of each unique security scenario, eliminating false positives and delivering actionable conclusions at machine speed. Backed by Greylock Partners, Spark Capital, and CRV, 7AI empowers security leaders to position their organizations at the forefront of the AI transformation. For more information, visit www.7ai.com.

MEDIA CONTACT: Angelena Abate, Media Relations, angelena.abate@dxc.com; Ted Weismann, Marketbridge for 7AI, 7AI@marketbridge.com

 

Fescaro bucks industry norms to become Korea’s first full-stack auto cybersecurity provider

  • Startup eyes Kosdaq listing, digital platform rollout to fuel overseas growth

SUWON, South Korea, Aug. 4, 2025 /PRNewswire/ — This is an article published in The Korea Herald:

Fescaro(https://www.fescaro.com/en/), a Korean startup specializing in auto security, has defied the traditions of the original equipment manufacturer-heavy industry and is now looking to expand its all-around anti-hacking capabilities on the global stage.

“A normal auto cybersecurity company is usually in a third-party position as it offers solutions defined and required by automakers and parts suppliers, which is regarded as a regular value chain,” said Hong Seok-min, CEO of Fescaro, in an interview at the startup’s office in Suwon, Gyeonggi Province, Wednesday.

“But we worked with (auto) manufacturers from early phases to define (cybersecurity) requirements for the vehicle’s overall security architecture and parts companies, effectively acting as a Tier 0.5 cybersecurity partner, which was a rare case in our industry.”

Fescaro made a bold, all-in commitment from 2021 to 2023, dedicating all its capabilities and resources to collaborate with KG Mobility, formerly known as SsangYong Motor, in addressing European automotive cybersecurity regulations.

“We had all of core technologies but that did not automatically lead to successful commercialization because they needed to be applied to mass produced vehicles so in simple terms, (automakers) do not use a technology unless their competitors use them,” said Hong, referring to the risk of implementing a new technology onto a vehicle that contains almost 100 electronics continuously interacting and and the crucial need for reliability.

“We needed to apply our technologies to actual cars, advance their quality and build up our references. Because I came from the automotive industry, I knew how important it is to secure trust,” Hong explained his reasoning behind the decision to work with the ailing automaker.

“Working with SsangYong, we were able to expand our network through their partners and prove our security solutions’ validity.”

“In doing so, more projects came our way and we ended up working with most of the auto parts makers that supply products to not only SsangYong but also Hyundai Motor and overseas automakers. I can say proudly that there might be companies that never worked with us, but there are no companies that did business with us only once. This is because we always define the ‘why’ and ‘what,’ and deliver the most practical ‘how’ –tailored to our clients’ needs.”

In 2023, Fescaro became the first Korean company to support OEMs and Tier 1 parts makers in receiving the European Union’s four cybersecurity regulation certificates: Cybersecurity Management System, Software Update Management Systems, Vehicle Type Approval and ISO/SAE 21434.

According to the CEO, Fescaro has completed mass production tests of its auto cybersecurity technologies for about 155 controllers and 60 types of semiconductors, achieving stability and an economy of scale as a software solution provider.

“In addition to automotive cybersecurity regulations (UN R155 and R156), Europe drafted a law called the Cyber Resilience Act that applies to every sold product installed with software, so we have been encountering opportunities throughout the broader mobility industry and can score orders in tractors and construction equipment,” said Hong.

Fescaro, which was established in 2016, has raised nearly 30 billion won ($22 million) in investment funding. The startup filed for a preliminary review for going public on the Korea Exchange’s tech-heavy Kosdaq in June. The startup is expected to be listed on Kosdaq either in late October or early November.

Fescaro was able to log operating profits for the fourth consecutive year in 2024, as its annual sales grew to 14.3 billion won in 2024 from 1.9 billion in 2021. The CEO pointed to the excellent competence of each employee as the reason behind the unusual feat for a startup.

“My colleagues used to always tell me that they couldn’t do something or that something was impossible to do,” said Hong.

“I would tell them that what we do is impossible. But because we do the impossible, our clients give us work and pay us. … After saying that for a few years, nobody tells me that they can’t do something. The core values of our organization have changed. On top of that, I ask them what I need to do to help them solve the problem. Accepting the impossible as a given, and approaching it with a creative and practical mindset, has become our true competitive edge.”

As for the plans to go global, the CEO said Fescaro wanted to become a total platform provider instead of a regular vendor. The company has been working on the digital transformation of human-centered consultations required to customize cybersecurity solutions for regional clients in different countries through an online platform.

To this end, the startup completed the development of CSMS Portal earlier this month. CSMS Portal offers end-to-end automated cybersecurity control, including process abstraction, application lifecycle management and a virtual security operation center through a single platform. This enables efficient and stable cybersecurity management throughout the entire lifecycle of a vehicle by taking care of automobile development, mass production, maintenance and repairs.

“We are pursuing practical breakthroughs. …One of the reasons we are going public is to raise funding, but that’s not that big of a problem,” said Hong.

“When we go global, overseas clients do not know us very well. If we are listed on the Korea Exchange’s bourse, we can eliminate distrust. I keep saying this, but we have skills. So if we can remove the barrier of ‘Never heard of this company,’ we can get things done because we have the ability.”

Lyft Partners with Baidu to Deploy Autonomous Rides Across Europe

Lyft plans to deploy Baidu Apollo Go’s RT6 autonomous vehicles initially in Germany and the United Kingdom starting in 2026

BEIJING and SAN FRANCISCO, Aug. 4, 2025 /PRNewswire/ — Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888), a leading AI company with a strong Internet foundation, and Lyft, Inc. (NASDAQ: LYFT), one of North America’s and Europe’s largest transportation networks, today announced a strategic partnership for Lyft to deploy Baidu’s Apollo Go autonomous vehicles (AVs) across key European markets through the Lyft platform. This collaboration marks a transformative milestone in Baidu’s international expansion and further positions Lyft as a leading AV platform in Europe.

Initial deployments are planned for Germany and the United Kingdom in 2026 pending regulatory approval, with the fleet scaling to thousands of vehicles across Europe in the following years. As part of the agreement, Lyft will deploy Baidu Apollo Go’s sixth-generation vehicles as its pioneering autonomous solution in the region.

“Our partnership with Lyft to deploy Apollo Go in Europe, starting with Germany and the United Kingdom, is a significant milestone in our global journey,” said Robin Li, Co-founder, Chairman, and CEO of Baidu. “This collaboration represents our commitment to making autonomous mobility accessible worldwide while working with local partners who understand their communities. By integrating Baidu’s cutting-edge autonomous driving technology with Lyft’s platform reach and operational expertise, we’re excited to deliver safer, greener, and more efficient mobility solutions to more users.”

“Our partnership with Baidu is all about creating a great customer experience. Their extensive track record operating the world’s largest autonomous ride-hailing service means we can bring all the benefits of AVs — safety, reliability, and privacy — to millions of Europeans,” said David Risher, Lyft CEO. “It’s part of our hybrid network approach, where AVs and human drivers work together to provide customer-obsessed options for riders. And importantly, we’re committed to working hand-in-hand with local regulators to ensure we deploy these vehicles in their communities in a smart, thoughtful way that benefits everyone.”

Baidu’s Apollo Go brings unparalleled operational expertise and advanced autonomous driving technology to the partnership. With its global footprint spanning 15 cities and cumulative rides surpassing 11 million, Apollo Go currently deploys over 1,000 operational AVs globally that provide autonomous ride-hailing services to the public. This collaboration represents a major leap forward in delivering world-class autonomous mobility to European riders.

Building Europe’s Leading Autonomous Network

The partnership focuses on four key areas to transform European mobility:

Advanced AV Technology Deployment: Apollo Go’s purpose-built, fully-electric RT6 vehicles are designed from the ground up for rideshare operations, leveraging the Apollo ADFM (Autonomous Driving Foundation Model) and six generations of real-world testing. When launched, RT6 rides will be available for riders directly through the Lyft ecosystem, offering enhanced safety features and consistent service quality.

Proven Scale and Operational Excellence: With operations covering over 3,000 square kilometers in Wuhan alone and over 11 million completed rides globally, Apollo Go has demonstrated the ability to scale from test operations to full commercial deployment across major metropolitan areas, creating a strong foundation for European deployment.

Strategic Partnership: Lyft will own the operational value chain and marketplace while Baidu provides vehicles, technology validation, and comprehensive technical support. This approach builds on Lyft’s strategy to be the platform and fleet manager of choice as fleet owners and technology providers scale autonomous operations.

European Market Integration: Lyft will serve as Baidu’s first European rideshare partner, leveraging the acquisition of FREENOW (operating in nine European countries and over 180 cities) to accelerate AV deployment. FREENOW’s established presence in Germany and the UK, combined with their deep relationships with local regulators and taxi operators, serves as a key enabler for deployment in these priority markets.

Implementation and Next Steps

Lyft will begin deployments pending regulatory approval in Germany and the UK in 2026, operating RT6 vehicles equipped with Baidu Apollo Go’s industry-leading sensor suite, 10-layer safety redundancy architecture, and intelligent interaction design. Both companies will work closely with European regulators and stakeholders to ensure vehicles meet all necessary safety standards and regulatory requirements.

With Europe’s strong transport infrastructure and surging demand for green mobility, this partnership aims to establish Europe as a global showcase for autonomous ride-hailing services and set a new standard for safety-focused, efficient, and sustainable urban mobility.

About Baidu

Founded in 2000, Baidu’s mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on the NASDAQ under “BIDU” and HKEX under “9888.” One Baidu ADS represents eight Class A ordinary shares.

About Lyft

Whether it’s an everyday commute or a journey that changes everything, Lyft is driven by our purpose: to serve and connect. Founded in 2012, Lyft has grown into a global mobility platform offering rideshare, taxis, private hire vehicles, car sharing, bikes, and scooters across North America and Europe. Lyft operates across 11 countries and in nearly 1,000 cities, and supports bikesharing in 16 countries. Today, millions of drivers have chosen to earn on billions of rides – helping to create a more connected world, with transportation for everyone.

Media Contacts

Baidu
International Communications
Intlcomm@baidu.com 

Lyft
Lyft Press
press@lyft.com