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Advanced Instruments Releases the OsmoPRO® MAX Automated Osmometer to Enhance Clinical Lab Productivity

The OsmoPRO® MAX Automated Osmometer delivers the automation and data management capabilities required by modern clinical labs.

NORWOOD, Mass., Jan. 27, 2025 /PRNewswire/ — Advanced Instruments, the leading supplier in osmolality testing, announces the newest update to its clinical line of freezing point osmometers. The OsmoPRO® MAX is designed for clinical laboratories of all sizes seeking enhanced productivity through automation. The instrument uses innovative flow-through technology to eliminate manual pipetting and reduce the use of consumables, allowing testing to begin with the single push of a button.

OsmoPRO® MAX Automated Osmometer
OsmoPRO® MAX Automated Osmometer

The OsmoPRO MAX goes beyond providing accurate and precise test results to deliver a complete solution that simplifies the osmolality testing workflow. The instrument delivers increased efficiency through direct sampling from primary tubes without transfer to sample cups, automated barcode scanning to reduce transcription errors, and the capability to upload data to the AdvancedQC peer group program for Advanced Instruments’ Protinol® and Renol® matrix-based controls.

Like all Advanced Instruments osmometers, the OsmoPRO MAX uses the industry-preferred freezing point depression method to deliver reliable osmolality results in minutes. The instrument is automatically cleaned with system fluid after each test to minimize the need for user intervention. New samples can be loaded continuously as they arrive, eliminating the need for batch testing.

“The OsmoPRO MAX delivers the usability, automation, and data management features sought by today’s clinical laboratories,” said Byron Selman, CEO of Advanced Instruments. “Advanced Instruments continues to innovate in the field of osmometry while remaining committed to the product quality and reliability that customers have experienced with our osmometers for the past 70 years.”

About Advanced Instruments

Advanced Instruments, LLC, is a leading supplier of instrumentation for clinical, pharmaceutical, biotechnology, microbiology, and food laboratories around the world. Quality, reliability, service and support have been the company’s guiding principles since our founding in 1955. Our innovative application of technology helps healthcare organizations improve the quality of care and industrial companies enhance quality and productivity. For more information, please visit aicompanies.com.

Media Contact:

Jon Flasher, Clinical Product Manager

jon.flasher@aicompanies.com

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Logo – https://laotiantimes.com/wp-content/uploads/2025/01/advanced_instruments_logo.jpg 

CATL and DHL strengthen strategic partnership to facilitate sustainable logistics globally

NINGDE, China, Jan. 27, 2025 /PRNewswire/ — CATL and DHL Group, the world’s leading logistics company, have signed a strategic agreement to strengthen strategic partnership on the GHG emissions reduction of logistics parks, marking a key step of both parties’ commitments to facilitate sustainable logistics globally.

Libin Tan, co-president of sales and marketing of CATL (right), and Oscar de Bok, CEO, DHL Supply Chain (left) signed the strategic agreement
Libin Tan, co-president of sales and marketing of CATL (right), and Oscar de Bok, CEO, DHL Supply Chain (left) signed the strategic agreement

With the strategic agreement, CATL will provide advanced liquid cooling energy storage systems and energy management platforms to DHL’s logistics parks. By connecting to battery swapping and superfast charging systems, CATL’s comprehensive energy storage solution will help to enable the energy structure optimization across various DHL’s facilities with maximum utilization of green energy, aligned with DHL’s sustainability target to achieve net zero-emission logistics by 2050.

CATL will also explore the future of electric vehicles, battery recycling and end-of-life management, as well as pursuing innovations in the auto-mobility sector, supported by DHL’s global network of EV Centers of Excellence.

“By combining DHL’s extensive logistics and operational expertise, and CATL’s innovative green technology, we are joining forces to deliver the trailblazing sustainable logistics solution to the industry,” said Libin Tan, co-president of sales and marketing of CATL. “Our strengthened cooperation with DHL will not only contribute to achieving both parties’ sustainability targets, but also facilitate the world towards to a greener future.”

“We’re excited to start using CATL’s energy solutions in our logistics parks, while providing our logistics services to CATL. This solution really highlights the great partnership and innovative spirit between our teams. It’s a perfect example of how we’re working together to achieve our shared goal of sustainability,” said Oscar de Bok, CEO of DHL Supply Chain.

The framework agreement marks the implementation and strengthening of an MOU signed between the two parties last year, which outlined global cooperation in carbon neutral facilities and the electrification of DHL’s fleet of pick-up and delivery.

To better support CATL’s goal to make high-quality technology accessible across the globe, DHL has been chosen as CATL’s preferred logistics service provider due to the establishment of a global network of EV Centers of Excellence, facilitating the deployment of integrated logistics solutions.

 

WiMi Announces the Launch of AI Applications Based on the AI Open-Source Model DeepSeek

BEIJING, Jan. 27, 2025 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WiMi) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that they are developing a series of innovative AI applications based on the advanced AI open-source model DeepSeek. This move marks WiMi’s deep strategic investment and active exploration in the field of artificial intelligence, aiming to integrate DeepSeek’s powerful capabilities to provide users with a more intelligent and personalized service experience.

DeepSeek, a rising star in the AI field, has gained widespread attention for its exceptional technical strength and outstanding application performance. Its latest models, DeepSeek-R1 and DeepSeek-V3, have achieved or surpassed international leading levels in several key tasks, particularly demonstrating strong competitiveness in areas such as mathematics, code generation, and natural language reasoning. DeepSeek’s open-source strategy and permissive licensing policy provide unlimited innovation space and collaboration opportunities for developers worldwide.

WiMi’s decision to develop AI applications based on DeepSeek stems from its recognition of DeepSeek’s unique technological advantages and broad application prospects. By deeply integrating DeepSeek’s API interfaces and related algorithms, WiMi will be able to easily implement a variety of functions, including natural language processing, code generation, and mathematical reasoning, and incorporate these into its own products to provide users with a more intelligent and convenient service experience.

WiMi plans to develop AI applications that will cover multiple sectors of its industry applications. These applications will fully leverage the powerful capabilities of DeepSeek to achieve functions such as natural language understanding, text generation, and code autocompletion, helping users improve work efficiency and reduce costs.

In addition, WiMi will develop intelligent programming tools based on DeepSeek to provide programmers with a more intelligent and efficient coding experience. This tool will be able to automatically complete code, analyze code quality, offer optimization suggestions, and more, helping programmers write code more efficiently and improve code quality.

In the future, WiMi will continue to increase its investment and research efforts in the field of artificial intelligence, continuously exploring and innovating to provide users with smarter and more personalized service experiences. At the same time, WiMi will maintain close cooperation with outstanding AI companies to jointly promote the widespread adoption and application of artificial intelligence technologies, contributing to the prosperous development of the industry.

As WiMi continues to advance the development of AI applications based on DeepSeek, we believe that in the near future, we will witness the emergence of more intelligent and convenient services, bringing greater convenience and surprises to people’s lives and work.

About WiMi Hologram Cloud

WiMi Hologram Cloud, Inc. (NASDAQ:WiMi) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements

This press release contains “forward-looking statements” within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company’s strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

cidaas Applauded by Frost & Sullivan for Its Scalable, Secure, and Comprehensive CIAM Solution

cidaas consistently introduces cutting-edge features to enhance its platform, ensuring alignment with its long-term strategy while addressing evolving industry needs.

SAN ANTONIO, Jan. 27, 2025 /PRNewswire/ — Frost & Sullivan recently researched the cloud consumer identity and access management (CIAM) industry and, based on its analysis, recognizes cidaas with the 2024 European Company of the Year award. The company is one of the newer entrants in the consumer identity and access management (CIAM) market. The company started by offering its cloud-based, API-centric solution in the DACH region; it has since expanded to establish a presence across Europe. Although it competes globally, it will continue to focus and build on its strong European position. Its success in this region is based on its deep understanding of the CIAM market in Europe and requirements across industry verticals and business segments. As a local provider, its solution ensures GDPR compliance and meets consumer data privacy and security expectations.

cidaas has built on its foundation in CIAM and expanded its portfolio with complementary solutions, such as the cidaas ID validator (a fully automatic digital identity verification solution) and workforce IAM. Based on the standards OAuth2.0, OpenID, and “Everything is an API” architecture, cidaas supports seamless integration and easy scalability to accommodate millions of users. The vendor’s ability to scale and offer out-of-the-box capabilities that easily integrate into a workflow allows it to cater to very large and medium-sized firms. The cidaas leadership team maintains a very strong focus on innovation and developing features that fit its long-term plan for the company. Its team size, which increased to 150 employees in 2024 from 35 in 2016, largely comprises technical talent. Meanwhile, its inbound approach to sales and marketing enables it to focus on customer engagement. cidaas helps companies achieve higher conversion rates and significantly reduces registration drop-offs it’s with seamless onboarding and intuitive authentication processes. Companies achieve faster time to market with its end-to-end capabilities and ease of implementation.

Deepali Sathe, senior industry analyst at Frost & Sullivan, observed, “In an industry where many competitors have opted for rapid expansion over profitability, cidaas’s commitment to its long-term vision and steady growth is commendable. It has achieved a balance between growth, innovation, and relevance to the industry that will ensure a sustainable competitive advantage.”

cidaas’s microservices architecture and big data platform present an extremely flexible option that is also easy to integrate with the existing identity stack. Its scalability enables better management during peak periods of activity, such as holidays, product launches, and live games or events. With advanced authentication methods (such as passkeys) and a commitment to constantly invest in innovation, cidaas offers a CIAM option that aligns with its clients’ digital transformation initiatives. The value proposition of cidaas’s comprehensive CIAM solution resonates with clients because it provides personalized UX, fraud prevention, flexible and scalable modern capabilities, ease of integration, enabling vendor consolidation. It supports clients with timely sales responses, comprehensive training before implementation, help desks, dedicated account managers, and continuous engagement. cidaas has held a growth rate of nearly 100% year-on-year over the last 3 years, which it is poised to maintain due to its presence across all business segments and multiple verticals, entry into new geographic markets, and numerous new features.

“cidaas has emerged as a trusted and reliable partner for more than 250 customers and now manages over a billion identities in an extremely competitive CIAM market. It has been able to achieve a 100% customer retention rate, reflecting the success of its policy of regular updates, proactive communication, and personalized support,” added Deepali. With its strong overall performance, cidaas earns Frost & Sullivan’s 2024 European Company of the Year award in the Cloud CIAM industry.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:

Ashley Shreve
E: ashley.shreve@frost.com

Moomoo’s Inaugural North America 2024 Investor Survey: A steady climb in the 2024 markets boosted investor confidence; Canada investors more concerned about tax and currency volatility

JERSEY CITY, N.J., Jan. 27, 2025 /PRNewswire/ — Moomoo, one of the world’s leading investment and trading platforms has recently completed its first North American user survey, revealing that the steady climb in the 2024 markets has significantly bolstered investor confidence. Moomoo users in both the US and Canada report to have traded more often in 2024 than in 2023 and the number of users reporting positive returns also grew. Looking forward to 2025, most investors still expect that tech stocks to lead the way despite a recent slowdown in their market leadership.

Moomoo's Inaugural North America 2024 Investor Survey shows a steady climb in the 2024 markets boosted investor confidence
Moomoo’s Inaugural North America 2024 Investor Survey shows a steady climb in the 2024 markets boosted investor confidence

 

With the US market near all-time highs, overall investors are less worried about inflation and the economy and have slightly tempered their bullish views on markets due to higher valuations. Support from the Fed in the form of interest rate cuts is expected by surveyed users, but not at the pace of 2024. Moomoo’s users in Canada are generally aware of and increasingly well prepared to face the unique investing challenges around taxes, exchange rates and central bank policy.

As the markets notched a second consecutive year of over 20% price appreciation with stronger-than-expected economic and earnings growth and interest cuts by the Federal Reserve, 75% of moomoo users report to have traded more than they did in 2023 as investors look at the stock market more positively and confidently. However, the forward-looking perspective is not as rosy as last year as 42% of surveyed users are bullish for 2025 compared to 45% at the beginning of 2024. Higher valuations may be one of the reasons for the more neutral outlook from survey participants. 64% of user said the stocks at the center of the AI revolution are overvalued compared with 54% a year ago.

“While many investors took charge of their trading and rode the market highs in 2024, they expect technology stocks to overperform the rest of the market with some caution of its overvaluation,” said Justin Zacks, Vice President of Strategy, Moomoo Technologies Inc. That explains why 85% of users added money to their moomoo trading accounts in 2024. Also, two thirds of users who added money to their account did so three or more times in 2024.

Moomoo’s US CEO Neil McDonald added, “We learned that 31% of our users are very confident in meeting their investment goals compared to 26% a year earlier. However, in 2025, while the general economic picture matters to moomoo investors, inflation worries eased, but a softening job market might lead investors into a cautious positive sentiment.”

For moomoo Canadian users, 87% of them consider taxes to be a very or somewhat important part of their investment strategy and 88% of Canadian users are either very or somewhat concerned about the impact of currency exchange rates on their US investments.

“As the Canadian dollar ended the year at its weakest level against the US dollar since 2002, potential changes in tariffs in 2025 may cause further currency volatility,” said Michael Arbus, CEO at Moomoo Financial Canada. “Moomoo Canada users who trade US stocks, options and ETFs will take the currency factor into majority of their investment approach.”

About the Survey

The survey included approximately 1200 registered moomoo users in North America (1000 U.S. users, 200 Canada users) from Dec.23 to Dec. 28, 2024. The data shown in the survey represents the opinion of those surveyed and may change based on the market and other conditions. The survey results provided herein may not represent other customers’ experience, and there is no guarantee of future performance or success and should also not be construed as investment advice. Experiences may differ than the ones represented here. Investing involves risks regardless of the strategy selected.

This whitepaper is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Past investment performance does not indicate or guarantee future success. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions.

We do not provide tax advice and any tax-related information provided is general in nature and should not be considered tax advice. Consult a tax professional regarding your specific tax situation.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.

About moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, Moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, Moomoo operates globally, serving investors in countries such as the US, Singapore, Australia, Japan, Canada and Malaysia. As a subsidiary of a Nasdaq-listed company, we take pride in our role as a global strategic partner of the Nasdaq, earning numerous international accolades from renowned industry leaders such as Benzinga and Fintech Breakthrough. Moomoo has also received multiple awards in the US, Singapore, and Australia for its cutting edge, inclusive approach to investing.

For more information, please visit moomoo‘s official website at www.moomoo.com

Happy Spring Festival! Here are all the ways you can celebrate!

BEIJING, Jan. 27, 2025 /PRNewswire/ — A news report from China.org.cn on Spring Festival:

How do the Chinese celebrate the Spring Festival? If your knowledge is limited to “eating dumplings”, “hanging spring couplets” or “receiving red envelopes,” you may want to watch on.


Happy Spring Festival! Here are all the ways you can celebrate!

The Spring Festival is the most significant traditional festivity in China, while also being a prominent cultural symbol for China’s 56 ethnic groups. When people celebrate the Spring Festival, bidding farewell to the old and saying hello to the new, vivid characteristics of their ethnic groups are often showcased in their celebrations. But if we trace these customs to their original inspirations, we can see that many of them bear similar significance.

For example, during the Spring Festival, people of many ethnic groups will choose to eat a specific food, which reflects their wishes for the coming year. The She and Miao people, to start with, will make ciba, a Chinese-style cake made from glutinous rice, as a wish that the year ahead will be just as sweet and pleasant as the dessert’s flavor. And there’s also the fish. Like the Han people, fish is also a must-have dish for numerous households of Dong and Manchu ethnic groups, since “fish” shares the same pronunciation as the word for “surplus,” symbolizing good wishes for a year of wealth.

The customs of many ethnic groups also reflect common worship and respect for nature. For example, people of multiple ethnic groups including Bouyei and Nu, regard the first bucket of water they fetch after the new year rings in to be pure and auspicious; for the Zhuang ethnic group, people usually keep a “new year’s fire” burning throughout the night; while for some Yi people who live in Yunnan province, pine is worshipped, with local inhabitants putting up pine branches in their yards and laying pine leaves on the floor, to pray for tranquillity, harmony and auspiciousness.

At the time of the Spring Festival, not only do families get together, but people of various ethnic groups also engage in all kinds of entertainment, including singing and dancing, competitions of various forms, etc.

In recent years, many regions where multiple ethnic groups inhabit have begun to host more inclusive celebrations, as well as shows where performers from different ethnic groups can present their customs to a larger audience. The unique cultures and traditions of the 56 ethnic groups, have pooled more recognition and aroused more resonance through the common bond of the Spring Festival.

Last month, the Spring Festival was inscribed on the Representative List of the Intangible Cultural Heritage of Humanity by UNESCO, another milestone after it became a UN holiday in 2023. Although the festival originated in China, it has gone global and has almost immersed itself in the social and cultural fabrics of many countries. Countries like Vietnam and South Korea have listed the Spring Festival as a public holiday, and Panama has announced it to be a national holiday.

For quite some years, famous landmarks have put on their “special costumes” for the Spring Festival with festive vibes being very tangible across many cities outside China. For many friends from other countries, the Spring Festival is no longer a vague term, but has been concretized via themes like the customs and the Chinese zodiac animals.

What’s more, in the Spring Festival celebration events, we saw Hungarian folk dance and traditional Chinese dance performing on the same stage; Czech folk songs were played by musicians from both China and the Czech Republic in a Spring Festival concert in Prague… Thanks to the Spring Festival, the world gets to know China better, and vice versa. With the festival as a conduit, cultures and civilizations are seeing beyond “differences”, and realizing more exchanges and integration.

After all these examples, it’s not hard to see how the Spring Festival spells “diverse” in its DNA. Such diversity strikes a perfect balance with the unity and solidarity shown by China’s ethnic groups, as well as with the harmony and inclusiveness of Chinese culture in the kaleidoscope of global civilizations.

Happy Spring Festival! May you enjoy a year of harmony and prosperity, happiness and peace!

China Mosaic
http://www.china.org.cn/video/node_7230027.htm
Happy Spring Festival! Here are all the ways you can celebrate!
http://www.china.org.cn/video/2025-01/26/content_117687265.htm 

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR JANUARY 27th

NEW YORK, Jan. 27, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR JANUARY 27th

Kristen Scholer delivers the pre-market update on January 27th

  • S&P 500 aims for third straight week of gains
  • Investors anticipate the Fed’s first meeting of 2025, expecting unchanged rates
  • Apple, Meta, Microsoft, and Tesla to announce Q4 earnings results

Watch NYSE TV Live every weekday 9:00-10:00am ET 

 

Gorilla Technology and Royal Thai Tourist Police Advance Thailand’s AI Tourism Safety Initiative

Bangkok, Thailand – Newsfile Corp. – January 27, 2025 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), announced, that they are now advancing to the design and development phase. This next step involves implementing advanced customisation and integration solutions that will transform Thailand into Southeast Asia’s hub for AI-powered tourism safety.


To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10783/238519_ac175d6f8436e839_001full.jpg

Mike Wang, Sales Director, Thailand and Rest of Asia, commented “Thailand is leading Southeast Asia’s AI transformation and this initiative is a clear testament to the country’s forward-thinking approach. By integrating global data-sharing capabilities with our AI systems, we are ensuring that Thailand’s tourism safety framework sets a benchmark not just regionally but globally.

The demand for our solutions is accelerating across Southeast Asia, with a pipeline of opportunities exceeding $1 Billion in Thailand alone. We are actively forming partnerships that will deliver significant value and drive innovation across the region. Over the next year, we also plan to scale operations in Thailand, hiring over 100 new team members to support these growing opportunities.”

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10783/238519_ac175d6f8436e839_002full.jpg

Viraphan Paiboolsilp, Technology Specialist, said, “The design and development phase is critical for embedding advanced technical capabilities into Thailand’s tourism safety framework. Our IVAR systems are being enhanced to process vast number of live video feeds daily, integrating real-time analytics with global databases to ensure proactive threat identification and response.

Key advancements include:

  • Seamless Global Integration: Connecting with international databases for facial recognition, wanted persons, and licence plate tracking to bolster cross-border security.
  • Smart Resource Management: Leveraging heat mapping and crowd density analysis to optimise manpower, reducing response times by 30%.
  • AI Accuracy at Scale: Achieving 98% accuracy in threat detection through enhanced algorithm optimisation.

With strong support from the British government, we are fostering relationships with key local players, positioning Gorilla Technology to bid on high value projects. This marks a significant step forward in Thailand’s AI leadership journey.”

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10783/238519_ac175d6f8436e839_003full.jpg

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.

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

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