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ST Telemedia Global Data Centres Expands Service Offerings, Partners with Zenlayer to Deliver High Speed Connectivity Across Data Centre Portfolio


SINGAPORE – Media OutReach Newswire – 3 December 2024 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest-growing data centre colocation services providers, today announced its collaboration with Zenlayer, the world’s first hyperconnected cloud, to bring high-performance private connectivity to STT GDC’s global data centre platform, starting with select markets in Southeast Asia (SEA).

STT GDC’s data centre interconnectivity (DCI) solutions provide seamless and secure interconnection between its owned and operated data centre facilities and other key locations like internet exchanges and cloud providers, empowering its customers with enhanced network performance, reduced latency, and improved access to critical IT resources.

Through Zenlayer’s Private Connect, customers can now connect STT GDC’s Data Centre Interconnection Hubs in Singapore, Thailand, the Philippines, and Vietnam. They will be able to leverage Zenlayer’s global private backbone to enjoy high-speed connectivity with carrier-grade reliability, seamlessly connecting global locations for enhanced performance and flexibility. This joint offering will be progressively rolled out across STT GDC’s portfolio of data centres globally.

“As businesses become increasingly interconnected across the globe, the need for reliable, high-performance data centre connectivity has never been greater. This partnership with Zenlayer allows us to deliver a superior network experience to our customers, no matter where they operate, and to ensure that they can meet the evolving demands of the digital economy and maintain a competitive edge,” said Lionel Yeo, CEO – Southeast Asia, ST Telemedia Global Data Centres.

“We are glad to join forces with ST Telemedia Global Data Centres.” said Joe Han, Chief Operating Officer of Zenlayer, “The partnership underscores our commitment to delivering world-class connectivity solutions across Asia. By combining our strengths, we are well-positioned to provide global businesses with the infrastructure they need to thrive in today’s competitive digital landscape.”

The rapid growth of data from various sources like IoT and cloud services, coupled with advancements in technologies like AI and 5G, is fuelling the increasing demand for efficient data centre interconnectivity. The data centre interconnect market is projected to exceed US$14 billion in 2024 and grow to over US$28 billion by 2029, at a compound annual growth rate (CAGR) of 14.98%. Notably, the Asia Pacific region is expected to be the fastest-growing market globally.

For more information on STT GDC’s Interconnection Hub offerings, please click here.
Hashtag: #STTelemediaGlobalDataCentres #STTGDC

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

About ST Telemedia Global Data Centres

ST Telemedia Global Data Centres (STT GDC) is one of the fastest-growing data centre providers with a global platform serving as a cornerstone of the digital ecosystem that helps the world to connect. Powering a sustainable digital future, STT GDC operates across Singapore, the UK, Germany, India, Thailand, South Korea, Indonesia, Japan, the Philippines, Malaysia and Vietnam, providing businesses an exceptional foundation that is built for their growth anywhere. For more information, visit.

About Zenlayer

Zenlayer is the world’s first hyperconnected cloud, operating more than 300 Points of Presence across 50 countries. Businesses utilize Zenlayer’s on-demand compute and networking services to deploy and run applications at the edge. Zenlayer enables organizations to instantly improve real-time digital experiences worldwide. Visit us online at www.zenlayer.com and connect with us on LinkedIn and Twitter: Zenlayer.

Molex Envisions the Future of Robotics in New Industry Report that Considers the Rising Potential of Human-Machine Collaborations

  • Advances in artificial intelligence, machine learning and sensor fusion drive robotics functionality across factory, home, classroom, healthcare and military applications
  • Ongoing innovations in high-speed connectivity, edge computing, network redundancy and fail-safe procedures crucial to optimizing robotics opportunities
  • Emergence of natural language processing and emotional AI functionality poised to propel more intuitive, responsive and adaptive human-machine interaction


LISLE, IL – Media OutReach Newswire – 3 December 2024 – Molex, a global electronics leader and connectivity innovator, has issued a thought leadership report that looks at the future potential of robotics, resulting in more intuitive, intelligent and interconnected human-machine communications and collaborations. “The Molex 2024 Robotics Report: How Robotics will Empower Human Potential” contemplates a future where highly advanced robotics systems and multipurpose robots transform fundamental aspects of everyday life — from improving how factories function and students learn to making smart homes more efficient, elevating patient care and increasing support for military operations.

Molex Envisions the Future of Robotics in New Industry Report that Considers the Rising Potential of Human-Machine Collaborations

“As we explore the role of robotics across various industries, it is becoming increasingly apparent that the future will be shaped by the evolving relationship between humans and machines,” said Brian Hauge, SVP and president, Consumer and Commercial Solutions, Molex. “This latest industry report sheds light on a promising future of unprecedented human-machine interactions while underscoring the critical need for enabling technologies and seamless connections between robotics systems and their human counterparts to empower faster, more effective and extremely precise decision making.”

Foundational Technologies Driving Robotics Advancements
The future of robotics depends in larger part on the continued evolution of core communications and computing technologies that enable autonomous operation in dynamic environments. Topping the list is high-speed connectivity, as robotics systems require low-latency communications and near-instantaneous data transfers to respond with speed and precision. While 5G/6G networks will deliver high bandwidth, low latency communications, it is important to design robotics solutions with multiple connectivity options, including the ability to switch between 5G and Wi-Fi or satellite networks that provide multi-channel redundancy.

Equally important, processing data locally on nearby edge devices ensures uninterrupted, independent operation of robotics systems and robots. With edge computing, for example, these automated solutions can process data instantaneously, which is essential for applications requiring split-second decisions. In most industrial automation or manufacturing environments, robots are always programmed with fail-safe protocols that throttle back power and functionality to a safe operational state if connectivity is disrupted or compromised.

Benefitting from AI/ML and Sensor Fusion Innovations
As the biggest engines behind robotic adaptability, advancements in AI and ML are crucial. AI algorithms let robots make informed decisions based on real-time data while adapting quickly to new circumstances, and even predicting future conditions based on past interactions. Through ML, robots can analyze patterns to optimize behavior while increasing efficiency and accuracy by continually learning, adapting and improving performance. Sensor fusion combines data from different sources, such as LiDAR, cameras, along with depth and force sensors, to help multipurpose robots better perceive depth, movement and obstacles in different settings.

Important Factors in Greater Human-Robot Interactions
According to Molex’s robotics report, robots that can understand, respond to, and even anticipate human emotional and contextual needs are on the horizon. With Natural Language Processing (NLP), for instance, robots can follow spoken commands, engage in dialogue and adjust actions based on contextual understanding. Additionally, emotional AI enables robots to recognize and respond to emotional cues by analyzing a human’s tone of voice or facial expressions. Molex expects this rise in human-centered interactions to foster a deeper sense of engagement, enabling future robotics systems and autonomous robots to adapt more readily to complex home environments, and take on new roles as personalized educational tutors, indispensable surgery assistants and continuous patient monitors.

With the arrival of Industry 4.0, collaborative robots, or cobots, are gaining traction in handling increasingly complicated duties in industrial settings. Not only can robotics systems and an entire fleet of robots keep production lines running smoothly, but they can also anticipate and fix potential manufacturing bottlenecks while helping engineers design better products. In the future, cobots will redefine precision and personalization in every environment, including operating rooms, classrooms and battlefields.

Critical Enabler of Robotic Transformations
Major advances in robotic technologies and greater interaction opportunities will require innovations in connectivity, power management and data processing. Molex’s robust portfolio of resilient and reliable connectors will enable ever-increasing collaboration between humans and machines to support the most demanding applications across diverse industry sectors.
Hashtag: #Molex

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

About Molex

Molex is a global electronics leader committed to making the world a better, more connected place. With presence in more than 40 countries, Molex enables transformative technology innovation in the automotive, data center, industrial automation, healthcare, 5G, cloud and consumer device industries. Through trusted customer and industry relationships, unrivaled engineering expertise, and product quality and reliability, Molex realizes the infinite potential of Creating Connections for Life. For more information, visit .

AS Watson Boosts Global Expansion by Unveiling its 16,800th Store Worldwide


HONG KONG SAR – Media OutReach Newswire – 3 December 2024 – AS Watson announced the grand opening of its 16,800th store worldwide, further consolidating its position as the world’s largest international health and beauty retailer, with a portfolio of 12 brands operating across 29 markets. This store was opened in Rotterdam, marking a remarkable milestone in AS Watson’s ongoing expansion and its commitment to delivering a seamless and exceptional O+O (Offline plus Online) customer experience.

AS Watson celebrates the opening of its 16,800th store worldwide
AS Watson celebrates the opening of its 16,800th store worldwide

Dr. Malina Ngai, Group CEO of AS Watson, expressed her excitement at the store opening ceremony, “The opening of our 16,800th store represents more than our growth as a company – it symbolises our commitment to serving the communities worldwide. With every store we open, we create jobs, foster customer relationships, and build lasting trust.”

“16,800 is a number with special meaning in Chinese culture. The number 6 symbolises ‘everything goes smoothly’ while 8 represents ‘good fortune’. We embrace the special meaning of this milestone and look forward to a future of lasting success and prosperity, not only for our business growth but also in extending these best wishes for a brighter future for the world during this festive Christmas season,” Malina added.

Commitment to Continuous Growth

Ed van de Weerd, CEO of AS Watson Benelux, remarked, “We’re honoured that AS Watson’s 16,800th store worldwide opens in vibrant Rotterdam, demonstrating AS Watson’s steadfast commitment to growth in the Benelux region and globally. As the No. 1 health and beauty retailer in the Netherlands, Kruidvat serves its customers with nearly 1,000 O+O stores and over 24,000 passionate colleagues, and has become an integral part of many Dutch people’s lives.”

The brand-new store will serve over 11,000 customers every week. As one of the largest Kruidvat stores, it spans over 770 square meters and is designed to enhance O+O shopping experience with clear in-store navigation. The store offers an extensive assortment of over 36,000 products, making it the largest selection among all Kruidvat stores.

The newly upgraded Kruidvat app delivers personalised offers and health advice to customers, enabling them to effortlessly manage their shopping lists and track their points balance, ensuring they always get the best deals. Additionally, the app’s streamlined checkout process enhances convenience with click-and-collect options.

Looking ahead, AS Watson remains committed to innovation and excellence in customer experience, and will continue its growth journey with the purpose of putting a smile on the customers’ faces today and tomorrow.

Hashtag: #ASWatson



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

Heeding the Voices of Persons With Disabilities for the Benefit of All

Heeding the Voices of Persons With Disabilities for the Benefit of All
A woman with disabilities presses her hand on a wall (photo supplied)

Statement by UNFPA Executive Director Natalia Kanem on the International Day for Persons with Disabilities


Globally, nearly one in six people live with a disability. Their demand? Nothing about us without us. 

Persons with disabilities remain sorely underrepresented throughout the world’s parliaments and halls of power – excluded from policy- and decision-making on issues that affect their lives. As a result, their expertise is overlooked, and their rights and choices are too often denied. 

The discrimination and social stigma that persons with disabilities face is compounded by inequality tied to gender and other factors, such as age and ethnicity. Their vulnerabilities are even more acute in humanitarian crises, as they readily lose access to life-saving support systems and struggle to get out of harm’s way.

Women and girls with disabilities face higher rates of gender-based violence and lower levels of access to sexual and reproductive health information. More than half of women with disabilities have been told not to have a child. This undermines their right to bodily autonomy and to make their own decisions about whether to form a family. 

Through our We Decide program, United Nations Population Fund (UNFPA) expands access to sexual and reproductive health services and information tailored to women and young people with disabilities. We work with them to deliver inclusive services that respect their dignity and rights, and help challenge ingrained attitudes about what disability ‘looks’ like. This includes dismantling the notion that they cannot have intimate relationships like everyone else.

These efforts are all part of UNFPA’s wider disability inclusion strategy, which promotes the human rights of persons with disabilities in all areas of their lives and addresses systemic barriers they face. This involves collecting data that gives people with disabilities a voice and informs decision-making.

UNFPA recently gathered data from Demographic and Health Surveys in six countries, which enabled experts to explore more effectively the complex relationship between disability and intimate partner violence. The analysis provides a more accurate basis to advocate for more protective laws and policies.

This is just one of many paths to progress. Around the world, persons with disabilities are leading the way in identifying innovative solutions that break down barriers and create a more accessible world. That advances equality for everyone.

On this International Day for Persons with Disabilities, let us join forces in making it easier for persons with disabilities to share their experiences and knowledge and to influence decisions that impact their lives.

Let us work together to build societies that are more inclusive – to the benefit of persons with disabilities and the benefit of us all.

Aon names Anne Corona as CEO of Enterprise Clients and Global Chief Commercial Officer


DUBLIN, IRELAND – Media OutReach Newswire – 3 December 2024 Aon plc (NYSE: AON), a leading global professional services firm, today announces the appointment of Anne Corona as CEO of Enterprise Clients and global chief commercial officer, effective 1 January 2025.

Anne-Corona Headshot

This appointment is part of the firm’s strategy to advance its commercial capabilities by deepening commercial alignment, integration of data and analytics and service excellence globally to better service clients.

In this role, Corona will work with Aon’s Enterprise Client Group leaders and regional chief commercial officers as the firm continues to evolve its next generation Aon Client Leadership strategy to deliver integrated solutions to clients to help them protect and grow their businesses.

“The challenges our clients are facing are multi-faceted, complex and interconnected, and all require agility and the ability to make decisions quickly, said Lori Goltermann, CEO of Regions and North America for Aon. “Anne’s exceptional leadership and strategic vision will strengthen Aon’s commercial capabilities and expertise to help our clients make better decisions across risk and people issues.”

Corona brings a wealth of experience from her nearly 25-year career with Aon, most recently serving as CEO of Asia Pacific, based in Singapore. She has demonstrated exceptional leadership and strategic vision, building momentum and unity in the region, driving innovation and growth by enhancing the firm’s capability across all solution lines and fostering key client relationships. With a strong enterprise mindset, Corona has focused her career on serving large, global clients and brings a holistic and integrated view to how the firm delivers more for its clients while identifying, onboarding, training and developing opportunities for client-facing talent. She will continue to be a member of the Aon Executive Committee and to report to Goltermann.

“I am honored to assume this global responsibility and work more closely with our talented team of leaders to support our clients around the world”, said Corona. “Aon’s commitment to innovation is creating key points of difference in how we serve our clients across Risk Capital and Human Capital and delivering unmatched content, capability and expertise to our clients.”
Hashtag: #Aon

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

About Aon

(NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on , , and . Stay up-to-date by visiting Aon’s and sign up for news alerts .

Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.

Gorilla Technology Group Adds Tech Luminary Thomas Sennhauser to Board of Directors


London, United Kingdom – Newsfile Corp. – December 2, 2024 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), proudly announces the appointment of Thomas Sennhauser to its esteemed Board of Directors, effective 1st December 2024.

With a stellar career spanning over two decades, Thomas brings unparalleled expertise in technology leadership, R&D and digital transformation. Currently serving as the CTO and Business Lead, APJ, at Intel Corporation, he has driven ground-breaking advancements in AI, IoT, SDN and Cloud Infrastructure, forging partnerships that have reshaped industries across the Asia-Pacific region and beyond.

“Thomas’s appointment signals a new era for Gorilla,” said Jay Chandan, Chairman and CEO of Gorilla Technology. “His visionary leadership and deep technical expertise align perfectly with our ambitious goals. With Thomas on board, we are poised to elevate Gorilla’s innovation and global influence to unprecedented heights.”

Thomas Sennhauser, Board Member

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10783/232132_f1a00128b4f5a9b8_001full.jpg

Thomas’s career is a testament to strategic brilliance and technical mastery. At Intel, he has spearheaded initiatives that delivered transformative solutions, from building advanced cloud ecosystems to enabling AI-powered business outcomes. Prior to Intel, his roles at Hewlett Packard Enterprise further solidified his reputation as a global technology strategist, particularly in emerging fields like Network Function Virtualisation (NFV) and Software Defined Networking (SDN).

“Joining Gorilla’s Board of Directors is an honour,” said Thomas Sennhauser. “Gorilla’s commitment to driving innovation and solving the challenges of tomorrow resonates deeply with me. I look forward to collaborating with the team to achieve bold, transformational milestones.”

Thomas will contribute to the strategic direction and governance of Gorilla as it scales its operations, strengthens its market leadership and continues its mission to redefine industries through cutting-edge AI, cybersecurity and smart city solutions.

This appointment comes at a time of significant momentum for Gorilla, as the company expands its global footprint and deepens its impact across sectors ranging from public safety to enterprise efficiency.

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, which are based on estimates, assumptions, and expectations. Actual results and performance could differ materially and adversely from those expressed or implied in forward-looking statements. Gorilla does not undertake any obligation to update any forward-looking statements, except as required by law.

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

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

About Gorilla Technology Group Inc.

First Phosphate Corp. Signs License Agreement with Prayon SA, Global Leader in MGA Phosphoric Acid Technology


Saguenay, Quebec – Newsfile Corp. – December 2, 2024 – First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company”) is pleased to announce that it has signed a technology license agreement (“TLA”) with Prayon SA of Engis, Belgium (“Prayon”) for the technology to produce merchant grade phosphoric acid (MGA) from igneous apatite phosphate rock as well as high-purity gypsum.

Prayon will grant First Phosphate a license to use its technology to design, build, operate and maintain, within Canada, a Merchant Grade phosphoric acid (MGA) manufacturing plant with a production capacity of six hundred (600) metric tons of product per day of P2O5 (phosphate).

Further, First Phosphate has also selected Ballestra S.pA. of Milan, Italy (“Ballestra”) from a group of official permanent licensees of Prayon to fulfill the service agreement (“SA”) for the engineering services portion (FEED and EPC/EPCM) for the project.

Lastly, First Phosphate’s relationship with Norfalco, a division of Glencore Canada, (“Norfalco-Glencore”) dated July 2023, remains in place for secure supply of sulfuric acid for this future phosphoric acid facility.

“With these technology, engineering and sulfuric acid supply agreements in place, First Phosphate will have the ability to implement a process to convert approximately 500,000 tonnes per annum of igneous apatite originating from its future mining operations into upwards of 190,000 annual tonnes of value-added phosphoric acid,” says Company CEO, John Passalacqua.

“Through the sale of this license, Prayon gives First Phosphate access to a world-renowned technology and highlights its commitment to transforming a critical, strategic material into high-value-added products, while recycling by-products in a well-established circular economy,” says Benoît Van Massenhove of Prayon SA.

About First Phosphate Corp.

First Phosphate is a mineral development company fully dedicated to extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (“LFP”) battery industry. First Phosphate is committed to producing at high purity level, at full ESG standard and with low anticipated carbon footprint. First Phosphate plans to vertically integrate from mine source directly into the supply chains of major North American LFP battery producers that require battery grade LFP cathode active material emanating from a consistent and secure supply source. First Phosphate is owner and developer of the Bégin-Lamarche property in Saguenay-Lac-St-Jean, Quebec, Canada that consists of rare anorthosite igneous phosphate rock that generally yields high purity phosphate material devoid of high concentrations of harmful elements.

About Prayon SA

Headquartered in Belgium, Prayon is a world-leading phosphate research, development and production company. Prayon has 1,400 employees and over 140 years of business experience. The Prayon Group has production sites in Belgium, France, Switzerland and the United States, research and development sites in Belgium and a testing and validation facility in Bulgaria (Technophos). OCP and Wallonie Entreprendre (WE) are Prayon’s two shareholders. OCP is the Moroccan state-owned phosphate rock miner, phosphoric acid manufacturer and fertilizer producer. OCP operations span five continents throughout the value chain, from mining and manufacturing to education and community development. WE is a public sector private-equity group that aims to accelerate the growth and transformation of Walloon businesses for the benefit of economic development and employment in Wallonia, Belgium.

About Ballestra Group

Ballestra S.p.A. is an international technology-oriented contractor based in Milano (Italy), with subsidiaries in Pratteln (Switzerland), and Bangalore (India) and over 450 employees worldwide. Ballestra is a permanent licensee of Prayon Technologies handling all process configurations and having delivered 13 projects to date successfully. Since 1960, Ballestra has performed hundreds of process plant EP or EPC projects and has access to a worldwide network of construction partners that allows a high level of construction servicing in any country.

For additional information, please contact:

Bennett Kurtz
Chief Financial Officer
bennett@firstphosphate.com
Tel: +1 (416) 200-0657

Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com

Follow First Phosphate:
Twitter: https://twitter.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate/

Forward-Looking Information and Cautionary Statements

This news release contains certain statements and information that may be considered “forward-looking statements” and “forward looking information” within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that are not historical facts are forward looking statements, including, among other things, the Company’s planned exploration and production activities, the properties and composition of any extracted phosphate, the Company’s plans for vertical integration into North American supply chains, and the design, build, operation and maintenance, within Canada, of a phosphoric acid manufacturing plant with a production capacity of six hundred metric tons of product per day of P2O5.

These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, including, without limitation, expectations of the Company’s long term business outcomes given its short operating history; expectations regarding revenue, expenses and operations; the Company having sufficient working capital and ability to secure additional funding necessary for the exploration of the Company’s property interests; expectations regarding the potential mineralization, geological merit and economic feasibility of the Company’s projects; expectations regarding drill programs and the potential impacts successful drill programs could have on the life of the mine and the Company; mineral exploration and exploration program cost estimates; expectations regarding any environmental issues that may affect planned or future exploration programs and the potential impact of complying with existing and proposed environmental laws and regulations; receipt and timing of exploration and exploitation permits and other third-party approvals; government regulation of mineral exploration and development operations; expectations regarding any social or local community issues that may affect planned or future exploration and development programs; expectations surrounding global economic trends and technological advancements; key personnel continuing their employment with the Company; having sufficient working capital and ability to secure additional funding necessary to design, build, operate and maintain a phosphoric acid manufacturing plant, and receipt and timing of all permits and third-party approvals.

There can be no assurance that such 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: limited operating history; high risk of business failure; no profits or significant revenues; limited resources; negative cash flow from operations and dependence on third-party financing; the uncertainty of additional funding; no dividends; risks related to possible fluctuations in revenues and results; insurance and uninsured risks; litigation; reliance on management and key personnel; conflicts of interest; access to supplies and materials; dangers of mineral exploration and related liability and damages; risks relating to health and safety; government regulation and legal uncertainties; the company’s exploration and development properties may not be successful and are highly speculative in nature; dependence on outside parties; title to some of the Company’s mineral properties may be challenged or defective; Aboriginal title and land claims; obtaining and renewing licenses and permits; environmental and other regulatory risks may adversely affect the company; risks relating to climate change; risks related to infrastructure; land reclamation requirements may be burdensome; current global financial conditions; fluctuation in commodity prices; dilution; future sales by existing shareholders could cause the Company’s share price to fall; fluctuation and volatility in stock exchange prices; and risks related to market demands. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant.

These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company’s other documents filed with the Canadian and United States securities authorities, including without limitation the “Risk Factors” section of the Company’s Management Discussion and Analysis dated October 23, 2024 and Annual Report on 20-F dated July 8, 2024, which are available on SEDAR at www.sedarplus.ca. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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

About First Phosphate Corp.

Ainos, Inc. Announces Strategic Partnership with Taiwan Tanabe Seiyaku to Advance Manufacturing and Taiwan Market Promotion of Sjögren’s Syndrome Drug


San Diego, California – Newsfile Corp. – December 2, 2024 – Ainos, Inc. (NASDAQ: AIMD) (NASDAQ: AIMDW) (“Ainos” or the “Company”), an innovative healthcare company focused on advanced AI-driven point-of-care testing (“POCT”) and low-dose interferon therapeutics, today proudly announced the signing of a strategically significant Memorandum of Understanding (MOU) with Taiwan Tanabe Seiyaku Co., Ltd., a subsidiary of Mitsubishi Tanabe Pharma Corporation in Japan, brings extensive pharmaceutical development and manufacturing expertise to the partnership. The collaboration aims to advance the manufacturing and Taiwan market promotion of Ainos’ groundbreaking Sjögren’s syndrome drug, VELDONA®. Both parties may work under the terms of the MOU to further define the partnership.

Market Demand for Sjögren’s Syndrome Treatment

Sjögren’s syndrome is an autoimmune disease affecting millions of patients worldwide, with a significant unmet need for effective treatments. As the global population ages and awareness of the disease increases, the demand for therapeutic solutions is growing rapidly. According to market analysis, the global Sjögren’s syndrome market is projected to reach billions of dollars in the next five years. Ainos believes VELDONA® will provide a much-needed, innovative treatment option for millions of patients and fulfill this pressing market demand.

VELDONA®‘s Clinical Progress and Success

Ainos has dedicated years to the development of Sjögren’s syndrome treatments, with VELDONA®, a low-dose oral interferon-alpha, showing remarkable potential in clinical trials. Previous studies have demonstrated that VELDONA® can significantly alleviate patient symptoms, improve quality of life, and effectively control disease progression. The drug has shown strong tolerability and safety, establishing a solid foundation for further large-scale global clinical trials.

Partnership with Taiwan Tanabe Seiyaku

Taiwan Tanabe Seiyaku, as a subsidiary of Mitsubishi Tanabe Pharma, offers extensive experience in pharmaceutical development and market expansion. As part of this partnership, Taiwan Tanabe Seiyaku may collaborate with Ainos on the manufacturing and promotion of VELDONA® to meet market demand. Both parties will clarify the specific details and responsibilities of the partnership as stipulated in the MOU agreement.

Global Market Impact and Future Outlook

This collaboration with Taiwan Tanabe Seiyaku will accelerate the global market introduction of VELDONA®, ensuring that the drug reaches patients in a timely and efficient manner. The formal contract will define the clear rights and responsibilities of both parties, paving the way for long-term success. Ainos anticipates that as more clinical data is collected and the drug becomes available in more markets, the demand for VELDONA® will solidify its position as a leading treatment for Sjögren’s syndrome. Additionally, the success of this drug will open further opportunities in other autoimmune diseases, enhancing the company’s market valuation and growth potential.

Ainos’ Future Vision

Ainos is committed to driving medical innovation and addressing the world’s unmet medical needs. This partnership with Taiwan Tanabe Seiyaku marks an important milestone in our global strategy, and we will continue to focus on developing breakthrough therapies that improve the quality of life for patients worldwide.

About Ainos, Inc.

Headquartered in San Diego, California, Ainos is a diversified healthcare company focused on novel AI-powered point-of-care testing (POCT) and low-dose interferon therapeutics (VELDONA®). The Company’s clinical-stage product pipeline includes VELDONA® human and animal oral therapeutics, human orphan drugs, and telehealth-friendly POCT solutions powered by its AI Nose technology platform. To learn more, visit https://www.ainos.com. Follow Ainos on X, formerly known as Twitter, (@AinosInc) and LinkedIn to stay up-to-date.

About Taiwan Tanabe Seiyaku Co., Ltd.

Taiwan Tanabe Seiyaku Co., Ltd., a subsidiary of Mitsubishi Tanabe Pharma Corporation, was established in 1962. The company is focused on providing high-quality pharmaceutical products and innovative therapeutic solutions in Taiwan and neighboring markets, covering key therapeutic areas such as autoimmune diseases, diabetes, and other major health conditions.

Safe Harbor Statement

Certain statements in this press release 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. All statements other than statements of historical fact are forward-looking statements. Forward-Looking statements can be identified by the use of words such as “anticipate,” “believe,” “estimate,” “approximate,” “expect,” “intend,” “plan,” “predict,” “project,” “target,” “future,” “likely,” “strategy,” “foresee,” “may,” “guidance,” “potential,” “outlook,” “forecast,” “should,” “will” or other similar words or phrases. Similarly, statements that describe the Company’s objectives, plans or goals are, or may be, forward-looking statements. Forward-Looking statements are based only on the Company’s current beliefs, expectations, and assumptions. Forward-Looking statements are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results may differ materially from those indicated in the forward-looking statements.

Important factors that could cause the Company’s actual results to differ materially from the projections, forecasts, estimates and expectations discussed in this press release include, among others, the cost of production and sales potential of the products announced in this press release; the Company’s dependence on projected revenues from the sale of current or future products; the Company’s limited cash and history of losses; the Company’s ability to achieve profitability; the Company’s ability to raise additional capital to continue the Company’s product development; the ability to accurately predict the future operating results of the Company; the ability to advance Ainos’ current or future product candidates through clinical trials, obtain marketing approval and ultimately commercialize any product candidates the Company develops; the ability to obtain and maintain regulatory approval of Ainos’ product candidates; delays in completing the development and commercialization of the Company’s current and future product candidates, which could result in increased costs to the Company, delay or limit the ability to generate revenue and adversely affect the business, financial condition, results of operations and prospects of the Company; intense competition and rapidly advancing technology in the Company’s industry that may outpace its technology; customer demand for the products and services the Company develops; the accuracy of third-party market research data, the impact of competitive or alternative products, technologies and pricing; disruption in research and development facilities; lawsuits and other claims by third parties or investigations by various regulatory agencies governing the Company’s operations; potential cybersecurity attacks; increased requirements and costs related to cybersecurity; the Company’s ability to realize the benefits of third party licensing agreements; the Company’s ability to obtain and maintain intellectual property protection for Ainos product candidates; compliance with applicable laws, regulations and tariffs; continued listing on and compliance with the applicable regulations of the Nasdaq Capital Market; and the Company’s success in managing growth. A more complete description of these risk factors and others is included in the “Risk Factors” section of Ainos’ Annual Report on Form 10-K for the year ended December 31, 2023, and other public filings with the U.S. Securities and Exchange Commission (“SEC”), many of which risks are beyond the Company’s control. In addition to the risks described above and in the Company’s filings with the SEC, other unknown or unpredictable factors also could cause actual results to differ materially from the projections, forecasts, estimates and expectations discussed in this press release.

The forward-looking statements made in this press release are expressly qualified in their entirety by the foregoing cautionary statements. Any forward-looking statements contained in this press release represent Ainos’ views only as of today and should not be relied upon as representing its views as of any subsequent date. Ainos undertakes no obligation to, and expressly disclaims any such obligation to, publicly update or revise any forward-looking statement to reflect changed assumptions, the occurrence of anticipated or unanticipated events or changes to the future results over time or otherwise, except as required by law.

Contact Information
Feifei Shen
ir@ainos.com

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

About Ainos, Inc.