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Conveying True Feelings through Letters: Baijiayun Received a Thank-you Letter from Tsinghua-Peking University Talent Reserve Customer

BEIJING, Feb. 27, 2025 /PRNewswire/ — Baijiayun Group Ltd (“Baijiayun” or the “Company”) (NASDAQ: RTC), a one-stop AI video solution provider, today announced that it has received a customer thank-you letter from Beijing Tsinghua-Peking University Talent Reserve Education Technology Co., Ltd.

Baijiayun’s Duanxunbao Gains New Momentum with Functional Upgrades to Facilitate Knowledge Monetization

Recently, DuanXunBao, a new-generation knowledge delivery tool under Baijiayun has updated multiple new features such as limited-time flash sales, along with major upgrades in order management, further optimizing the user experience, providing knowledge monetizers with more powerful and refined operational support.

The newly added limited-time flash sale feature in DuanXunBao represents an important expansion of its live broadcast control capabilities. Through simple operations, users can instantly add or modify flash sale activities, delivering an exciting shopping experience for viewers. This not only enhances the interactivity of live broadcasts but also boosts audience engagement and purchasing desire.

In terms of order management, DuanXunBao has added a “Order Date” filter field, supporting queries accurate to the year, month, day, hour, and minute. This feature enables meticulous management of each transaction, ensuring the accuracy and completeness of order data.

Baijiayun has always been committed to providing users with high-quality video technology services and AI solutions. As an important business segment, DuanXunBao’s latest functional iteration is a proactive response to market demands. With the continuous development of the online education and knowledge payment industries, user demand for live broadcast interactivity and marketing tools is growing rapidly. The four new features of DuanXunBao not only meet the practical needs of knowledge monetizers in live broadcast marketing but also provide new ideas and directions for industry development.

In the future, Baijiayun will constantly optimizing and improving the DuanXunBao product. More user-centric features and services will be launched to help knowledge monetizers stand out in the fierce market competition and promote the healthy development of the online education and knowledge payment industries.

Company Contact:

Ms. Fangfei Liu 
Chief Financial Officer, Baijiayun Group Ltd

Yuan Yin
yinyuan@baijiayun.com 

 

Lichen China Limited Announces Effective Date of Reverse Stock Split and Name Change

XIAMEN, China, Feb. 27, 2025 /PRNewswire/ — Lichen China Limited (Nasdaq: LICN) (“Lichen China” or the “Company”), a dedicated financial and taxation service provider in China today announced the date of effectiveness and the ratio of a forthcoming reverse stock split (the “Reverse Split”) of the Company’s ordinary shares (the “Ordinary Shares”). On February 12, 2025, the Company announced, on a Current Report on Form 6-K, the voting results from the annual meeting of shareholders (the “Meeting”) held on February 10, 2025. At the Meeting, shareholders voted upon and approved Proposal 2 to effect a Reverse Split with a ratio of not less than one-for-twenty and not more than one-for-two-hundred within one year after the date of passing of the resolution, with the exact ratio to be set at a whole number within this range as determined by the Company’s board of directors (the “Board”) in its sole discretion.

On February 10, 2025, the Board approved a one-for-two-hundred (1:200) Reverse Split of the Company’s issued and unissued Class A and Class B ordinary shares. The Company anticipates that beginning with the opening of trading on March 3, 2025, the Company’s Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis and will have a new CUSIP number, G5479G116.

The Reverse Split affects all issued and outstanding shares of the Ordinary Shares. In addition, the Reverse Split reduces the number of Ordinary Shares issuable upon the exercise of share options or warrants outstanding immediately prior to the Reverse Split. The par value of the Ordinary Shares will increase to $0.008 per share after the Reverse Split. The Reverse Split affects all shareholders uniformly and will not alter any shareholder’s percentage interest in the Company’s equity. No fractional shares will be issued; instead, shareholders who would otherwise be entitled to a fractional share will have their entitlement rounded up to the nearest whole share.

The Company anticipates that the reverse stock split will increase the market price per share of the Company’s Ordinary Shares, bringing the Company into compliance with The Nasdaq Capital Market’s $1.00 minimum bid price listing requirement.

Registered shareholders holding pre-split shares of the Company’s Ordinary Shares are not required to take any action to receive post-split shares. Shareholders owning shares via a broker, bank, trust or other nominee will have their positions automatically adjusted to reflect the reverse stock split, and will not be required to take any action in connection with the reverse stock split.

Additionally, the Company has officially changed its name from Lichen China Limited to Lichen International Limited, with the change expected to take effect on March 3, 2025. This name change was duly approved by the Company’s shareholders on February 10, 2025. Moving forward, the Company will operate under its new name, and all existing agreements, rights, and obligations will remain unchanged.

About Lichen China Limited

Lichen China Limited focuses on providing financial and taxation solution services, education support services, and software and maintenance services under its “Lichen” brand. In recognition of the Company’s expertise and experience in the financial and taxation solution services industry for over 18 years, the Company has built up its reputation as a dedicated financial and taxation solution services provider of professional and high-quality services in China. For more information, please visit the Company’s website: https://ir.lichenzx.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

Tian Sun
Phone: +86-0592-5586999
Email: ir@lichenzx.com

Hesai Strengthens Patent Portfolio with Swiss IP Acquisition, Advancing Next-Gen Solid-State Lidar FTX to Drive Robotics Revolution

STUTTGART, Germany, Feb. 27, 2025 /PRNewswire/ — Hesai Technology (NASDAQ: HSAI), the global leader in lidar technology for automotive mobility and robotics applications, announced today that it holds the largest number of published patent applications for lidar globally, and its IP portfolio has further expanded with the acquisition of Swiss digital lidar patents.

Patent volume is an important indicator to measure a high-tech company’s innovation capabilities. As of December 2024, Hesai has accumulated nearly 1,800 patents and patent applications worldwide. According to the global patent database Patsnap, the total number of Hesai’s published patent applications for the lidar industry exceeds 1,500, and the number of granted global patents exceeds 600, covering multiple countries and regions worldwide. Through a comprehensive patent application strategy, Hesai has secured its long-term position as an innovation powerhouse in the global lidar market.

As a core component of digital lidar, SPAD (Single Photon Avalanche Diode) plays a crucial role in advancing the lidar industry. Hesai recognized the potential of SPAD technology early on, beginning its research in this field as far back as 2016—making it one of the first lidar companies to do so. In late 2023, Hesai acquired Fastree3D, a Swiss pioneer in SPAD technology with deep roots in EPFL (École Polytechnique Fédérale de Lausanne), one of Switzerland’s top universities. With over 20 years of academic research in CMOS image sensors and single-photon detectors, Fastree3D was the first company in the world to develop SPAD digital lidar technology and held numerous SPAD-related patents. These patents serve as the foundation for digital lidar innovation, encompassing critical advancements in digital signal processing and high-resolution point cloud generation.

With this strategic acquisition, Hesai has deeply embedded its SPAD core patented technology into its proprietary fourth-generation platform, which will enter production in 2025. The new platform will create a new generation of high-quality, high-performance, and affordable lidar products, accelerating the lidar industry’s large-scale development.

Hesai’s next-generation solid-state FTX, built on the company’s fourth-generation technology platform, features an industry-leading field of view (FOV) of 180° x 140° — the widest among automotive-grade solid-state lidars. FTX’s range can reach 30 m @10% reflectivity with outstanding resolution, achieving a point rate of 492,000 points per second, 2.5 times higher than its previous generation. The FTX has a compact design while maintaining its powerful performance, weighing 66% less than before. Its embedded installation further enhances its sleek form factor, reducing the exposed window area by 40% to just 50 x 30 mm.

Hesai’s fully solid-state FTX lidar, as well as mini JT128 and JT16 domed lidars, can be easily integrated in various intelligent robots, including humanoid robots, AGVs/AMRs, delivery robots, robotic lawn mowers, cleaning robots, agricultural vehicles and more. With an ultra-wide field of view and real-time 3D perception, Hesai’s lidars provide a cost-effective alternative to the multiple 2D lidars or cameras commonly used in robotic applications.

During the month of December 2024, Hesai delivered over 20,000 lidar units to robotics customers. Hesai expects to ship over 1 million lidar units in 2025, which is supported by the company’s in-house mass production capabilities and innovation in research and development.

Turfan, Xinjiang: Electric Power to Transform 390,000 Mu of Grape Racks

TURFAN, China, Feb. 27, 2025 /PRNewswire/ — On February 27, in the vineyard of Yuwangkel Village, Shanshan County, Turfan City, villagers were conducting grape rack transformations under the meticulous guidance of agricultural technicians. Adjacent to the 10 kV Azati line, power company employees were diligently working on equipment upgrades to ensure reliable electricity supply for the grape rack transformation and subsequent grape planting operations.

In 2024, Turfan City completed the transformation of 60,000 mu of grape racks, including 32,000 mu in Shanshan County and 28,000 mu in Gaochang District. Post-transformation, the quality of grapes has markedly improved, and the level of mechanized operations has significantly increased. For 2025, Turfan City plans to transform an additional 60,000 mu of grape racks.

According to official statistics, the total area of grape cultivation in Turfan City exceeds 630,000 mu, with an anticipated completion of 390,000 mu of grape rack transformations by the end of 2025. To support agricultural development in Turfan City, State Grid Turfan Power Supply Company invested 360 million yuan in 2024 to construct 219 kilometers of new agricultural distribution network lines and add 13.47 MW of new distribution capacity. In 2025, the company will further invest 278 million yuan to build 518 kilometers of new agricultural distribution network lines and add 690 kW of new distribution capacity, ensuring adequate electricity supply for agricultural activities.

 

Captiva Verde and Matnaggewinu Development Corp (MDC) Welcome Brandon Schilling to Aviation and Military Advisory Board

Vancouver, British Columbia – Newsfile Corp. – February 27, 2025 – Captiva Verde (CSE: PWR) (OTC Pink: CPIVF) and Matnaggewinu Development Corp (MDC), a Mi’kmaq-owned joint venture partner of Captiva Verde, are pleased to announce the appointment of Brandon Schilling to the Aviation and Military Advisory Board. Brandon brings an impressive background in aerospace, defense, space systems, Foreign Military Sales (FMS), and Maintenance, Repair, and Overhaul (MRO) industries, further strengthening MDC’s efforts to expand into these rapidly growing markets. Captiva Verde is a publicly traded company listed on the Canadian Securities Exchange (CSE) under the symbol PWR and the US OTC Market under the symbol CPIVF

Brandon Schilling’s Experience and Expertise

Brandon Schilling is a career professional with extensive experience across the aerospace, defense, space systems, FMS, and MRO industries. Throughout his career, he has demonstrated exceptional leadership and expertise in business development, aviation sales, and strategic market growth. He has led and overseen the development and growth of profitable new aircraft sales, managing deal sizes ranging from $3.5 million to $700 million. Brandon has cultivated key relationships with in-country sales agents, embassy personnel, and high-ranking foreign military commanders and generals. His efforts ensured business growth by aligning business development activities with organizational strategies.

While at MD Helicopters, he identified and developed new commercial and military customers for MD products, including 500, 600, and 902 class helicopters. He developed market intelligence to focus business development efforts and created multi-year sales forecasts to meet annual operating plans.

In the space sector, Brandon worked with leading organizations such as NASA, NSPO, SpaceX, JPL, USAF, United Launch Alliance, and Astrobotics. He negotiated and contracted lunar payloads for NASA’s CLPS program aboard the Masten lunar lander. He conducted research and analysis on U.S. and international civil space markets, industry trends, policy developments, and competitive landscapes, supporting business development processes and strategic decision-making.

Brandon has also excelled in managing contracts and sales across global aviation and aerospace sectors. At Able Aerospace, he maintained and managed over 120 worldwide aviation contracts, including with major rotor wing OEMs and APAC airlines such as Bell, Leonardo Agusta Westland, Asiana Airlines, and Korean Airlines. He successfully grew a client’s business by 440% from 2019 to 2020. His expertise includes responding to customer RFPs/RFQs, negotiating long-term agreements (LTAs), and leading multi-disciplinary teams for business capture and proposal efforts.

MDC Aviation Mission Statement

At MDC Aviation, our mission is to empower Mi’kma’ki’s economic resurgence by leveraging our expertise in aviation and military equipment advisory and sales. We are dedicated to serving as a dynamic platform that champions Indigenous innovation and leadership in the aerospace and defense sectors. Through strategic procurement and targeted set-aside programs, we aim to drive sustainable growth, foster robust partnerships, and ensure our community competes on a global scale while honoring our rich cultural heritage.

Our Story

Founded by Nowlen Augustine, a proud Mi’kmaq and former US Marine, driven by a commitment to excellence and service, MDC Aviation was born from a vision of economic revitalization in Mi’kma’ki. Rooted in the enduring spirit and traditions of our people, MDC Aviation is more than a business-it is a transformative platform that bridges Indigenous heritage with advanced aviation and military capabilities. Drawing on Nowlen’s invaluable military experience and leadership, we offer cutting-edge advisory services and access to state-of-the-art military and aviation equipment. By leveraging strategic procurement and set-aside initiatives, we pave the way for enhanced Indigenous participation and leadership in a competitive global landscape. At MDC Aviation, our mission is to empower our communities, foster sustainable growth, and honor our proud legacy while driving progress in the aerospace and defense sectors.

A Growing Market and Unprecedented Opportunity

The aerospace, defense, and space system markets present significant growth potential for Indigenous-owned businesses. These industries are driven by increased government spending, technological advancements, and the expanding role of private sector companies. The Canadian government has recognized the essential role that Indigenous businesses play in driving economic growth, innovation, and community empowerment.

By incorporating Indigenous businesses into its procurement processes, the Canadian government is creating an ideal environment for companies like MDC to thrive in the following key markets:

  1. Aerospace Industry:
    • Global Market Size: The civil aviation market is projected to reach $1.2 trillion by 2027, growing at a compound annual growth rate (CAGR) of 4.5%.
    • MRO Services: Maintenance, Repair, and Overhaul (MRO) services for commercial aviation alone are expected to exceed $90 billion annually by 2027, driven by the demand for fleet expansion and maintenance.
  2. Defense Industry:
    • Global Defense Spending: The global defense market is valued at over $2 trillion, with U.S. defense spending surpassing $800 billion annually.
    • Canadian Defense Budget: Canada is significantly increasing its defense spending, with $35 billion earmarked for modernizing military platforms, creating procurement opportunities for companies like MDC.
    • Foreign Military Sales (FMS): The U.S. FMS program consistently exceeds $50 billion annually, providing defense systems to allied nations and opening new markets for Indigenous businesses.
  3. Space Systems:
    • The Global Space Economy is projected to grow from $500 billion in 2024 to $1 trillion by 2040, driven by investments in satellite technology, space exploration, and defense applications.
    • The U.S. Space Force and the Canadian Space Agency (CSA) are key players in developing military satellite systems and space-based surveillance.

Positioning for Success

Matnaggewinu Development Corp’s entry into aerospace, defense, and space systems markets aligns with this growing demand and government initiatives to include more Indigenous businesses in procurement processes. Brandon Schilling’s expertise will help position MDC as a key player in these sectors, leveraging Indigenous procurement programs and set-aside opportunities in Canada and the U.S.

Captiva Verde and MDC remain committed to building partnerships and exploring innovative solutions in these high-growth industries while fostering economic empowerment for Mi’kmaq communities.

About Matnaggewinu Development Corp (MDC)

Matnaggewinu Development Corp is a Mi’kmaq-owned joint venture focused on innovation and growth in the aerospace, defense, and space systems sectors. With a mission to create sustainable business opportunities and promote Indigenous leadership in high-tech industries, MDC leverages strategic partnerships and government procurement programs to achieve its goals. Matnaggewinu (MDC) is 49% owned by Captiva Verde.

On Behalf of the Board of Directors

“Jeff Ciachurski”

Jeffrey Ciachurski
Chief Executive Officer and Director
Cell: (949) 903-5906
E-mail: westernwind@shaw.ca

Neither Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release includes “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities laws and United States securities laws (together, “forward-looking statements”). All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to completion of the transactions contemplated by, or in connection with, the Repurchase Agreement and Option Agreement, as amended by the Repurchase Amending Agreement and Option Amending Agreement, respectively, and the receipt of all required regulatory approvals therefor, the Private Placement and the use of proceeds raised in the Private Placement. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “potential”, “target”, “budget”, “propose” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof. Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: general business and economic conditions, including interest rates and the rate of inflation, the Company’s current expectations about: opportunities, market standards, vacancy and rental growth rates, demographic trends, the realization of property value appreciation and timing thereof, the price at which properties may be acquired and disposed of and the timing thereof, the availability of mortgage financing and current interest rates, assumptions about the markets in which the Company intends to operate, expenditures and fees in connection with the

maintenance, operation and administration of properties, the timely receipt of all necessary permits and regulatory approvals, the impact of geopolitical events, including the conflicts in Ukraine and the Middle East, and government regulations or tax laws. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, among other things, the availability of suitable real estate for purchase by the Company, the availability of mortgage financing for such properties, and general economic and market factors, including interest rates, prospective purchasers of real estate, the attractiveness of developed properties and the ability of the Company to sell its properties, business competition, public health crises and disease outbreaks, changes in government regulations or income tax law, and .those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A (a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca). The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.

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

Gorilla Technology Featured in Nasdaq Amplify Issuer Spotlight: Showcasing Global Expansion and AI-Driven Innovation


London, United Kingdom – Newsfile Corp. – February 27, 2025 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”) today announced that its Chief Executive Officer, Jay Chandan, was recently featured in the Nasdaq Amplify Issuer Spotlight interview series at the Nasdaq MarketSite in Times Square.

Watch the full interview with Gorilla CEO Jay Chandan on Gorilla’s investor relations website here.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10783/242631_066cc868f469bbf3_001full.jpg

During the interview, Chandan shared insights into Gorilla Technology’s role in building smart cities, enhancing security, and fostering sustainability through AI-powered solutions. He emphasized the Company’s unique consultative approach, working closely with governments and organizations to deliver tailored AI-based cybersecurity and data-driven technologies that address real-world challenges.

“We built a platform which is unbeatable,” said Chandan. “We’re not just selling a product-we’re providing a consultative approach that ensures long-term impact. Our success stems from our ability to listen to our customers, understand their pain points, and deliver AI-driven solutions tailored to their needs.”

The Nasdaq Amplify Issuer Spotlight series highlights innovative small-cap companies navigating dynamic industry landscapes and emerging as leaders in their respective fields.

Watch the full interview with Gorilla CEO Jay Chandan on Gorilla’s investor relations website here.

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 our ability to execute definitive agreements related to this smart education project, attract the attention of customers and win additional projects, along with those other risks described under the heading “Risk Factors” in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the “SEC”) on May 15, 2024 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.

Contact:
Dave Gentry, CEO
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.

Internet Access: UNESCO and ICANN Join Forces to Improve Linguistic Diversity Online

PARIS and LOS ANGELES, Feb. 27, 2025 /PRNewswire/ — UNESCO and the Internet Corporation for Assigned Names and Numbers (ICANN) are announcing a new agreement to enhance linguistic diversity in the digital world. This will make the Internet more accessible to hundreds of millions of users.

Under this new agreement, UNESCO and ICANN will cooperate to support the secure use of additional scripts and languages in the Internet’s Domain Name System (DNS), encompassing the domain names and email addresses that are key for access and online communication. The two organizations also will work together to drive the Universal Acceptance (UA) of all domain names and email addresses, regardless of character length, language, or script, in all Internet-enabled applications, devices, and systems.

“In an increasingly digital world, it is essential to facilitate people’s access to the Internet. But today, there are only around 400 languages fully accessible online, representing just a fraction of the world’s 7,000 spoken languages. This agreement improving linguistic diversity represents an important step towards achieving the goal of an Internet accessible to all,” said Audrey Azoulay, Director-General of UNESCO.

“We look forward to working with UNESCO to bridge digital divides and connect communities,” said Kurtis Lindqvist, President and CEO of ICANN. “Supporting domain names in local scripts and language, and their Universal Acceptance, is essential to enabling a diverse and multilingual online experience. This collaboration with UNESCO reaffirms our goal of one world, one Internet.”

Connecting the Next Billion People
Today more than 5.4 billion people regularly use the Internet, yet another 2.6 billion users that are still to come online. Most of these current and potential users communicate in their local languages and scripts. Domain names that use various languages and scripts, called Internationalized Domain Names (IDNs), will help ensure that everyone has the ability to experience the full social and economic power of the Internet. IDNs allow Internet users to choose the domain name and email address in the language and script that best suits their needs and culture. 

Universal Acceptance is necessary to ensure that all of these domain names and email addresses work seamlessly on the Internet. However, often of the checks used by many software applications to validate domain names and email addresses often use rules created many years ago, which do not support all domain names, especially those in local languages and scripts. Organizations and stakeholders need to take steps to ensure their systems are UA-ready to enjoy these benefits. 

About UNESCO
With 194 Member States, the United Nations Educational, Scientific and Cultural Organization contributes to peace and security by leading multilateral cooperation on education, science, culture, communication and information. Headquartered in Paris, UNESCO has offices in 54 countries and employs over 2300 people. UNESCO oversees more than 2000 World Heritage sites, Biosphere Reserves and Global Geoparks; networks of Creative, Learning, Inclusive and Sustainable Cities; and over 13 000 associated schools, university chairs, training and research institutions. Its Director-General is Audrey Azoulay.

“Since wars begin in the minds of men, it is in the minds of men that the defenses of peace must be constructed” – UNESCO Constitution, 1945. 

More information: www.unesco.org

About ICANN
ICANN’s mission is to help ensure a stable, secure, and unified global Internet. To reach another person on the Internet, you need to type an address – a name or a number – into your computer or other device. That address must be unique so computers know where to find each other. ICANN helps coordinate and support these unique identifiers across the world. ICANN was formed in 1998 as a nonprofit public benefit corporation with a community of participants from all over the world.

 

DXC Technology Promotes Jennifer Ragone to Chief People Officer

ASHBURN, Va., Feb. 27, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the appointment of Jennifer Ragone as Chief People Officer. Ragone will report directly to DXC President and CEO Raul Fernandez.

In this role, Ragone will lead DXC’s global people strategy, focusing on driving profitable growth through innovative talent solutions. She will spearhead initiatives to strengthen the workforce, prepare employees for the future of work, and champion an inclusive, value-driven culture centered on client centricity, accountability and performance excellence.

“Since 2020, I’ve had opportunity to work with Jennifer as a board member and now as CEO of DXC. She has a deep understanding of our business and a proven track record in HR leadership that makes her the ideal choice to advance our people-first strategy,” said Raul Fernandez, President and CEO of DXC Technology. “Her expertise in leveraging AI and data analytics for talent development aligns perfectly with our vision for the future of work ensuring we continue to attract, develop, and empower top talent globally.”

Ragone most recently served as Vice President of Business HR at DXC, where she demonstrated strong partnership with business leaders and drove significant improvements in talent development and organizational effectiveness. Throughout her career at DXC, she has held various leadership positions across the HR function, consistently showing adaptability and resilience while delivering innovative solutions that enable business growth.

Fernandez added, “We are so proud of Jennifer’s contribution to date and look forward to her leadership. As a seasoned executive, she will help accelerate change and will be a key member of my senior leadership team.”

For more information on DXC’s leadership team, visit https://dxc.com/us/en/about-us/leadership-and-governance

Forward Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent current expectations and beliefs, and no assurance can be given that any result, goal or plan set forth in any forward-looking statement can or will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled “Risk Factors” in DXC’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. Readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

Mihir Bellamkonda, Media Relations, +1-404-702-0506, mihir.bellamkonda@dxc.com; Roger Sachs, CFA, VP of Investor Relations, +1-201 259-0801, roger.sachs@dxc.com