SEOUL, South Korea, Aug. 21, 2025 /PRNewswire/ — Korean PropTech startup RSQUARE‘s RA (Rsquare Analytics) solution is reshaping how global investors view the Korean commercial real estate market.

Until recently the market forced multi-million-dollar investment decisions to be made with limited transparency. Investors had to contact dozens of brokers or rely on personal networks to obtain even basic data such as prime office rent or vacancy rates. The information gathered was often inconsistent, keeping foreign capital away for decades.

In 2023 RSQUARE launched RA, a platform recognized as a milestone in digital innovation for commercial real estate. It holds over 300,000 data points covering 1,600 office buildings and 1,100 logistics centers. A team of 60 experts conducts quarterly on-site surveys to verify details not found in building registries, including actual rental rates, loading dock capabilities and temperature-controlled storage specifications.

The market reaction was swift. German asset manager DWS, with EUR 900 billion in assets, was the first to adopt the platform. Singapore’s sovereign wealth fund GIC, with USD 690 billion under management, followed along with Hong Kong–based PAG, one of Asia’s largest private equity firms. Within eight months RSQUARE had signed over 50 major clients including global investment institutions, asset managers, securities firms and construction companies.

For these institutions adopting RA was more than just using a new service. Large investors that are normally cautious with new data sources shortened their review period and implemented the platform. This shows that RA’s quality and reliability meet global standards. It also addresses long-standing transparency concerns in the Korean market, helping reduce the “Korea Discount” that foreign investors have traditionally applied.

RA provides real-time, nationwide commercial property data including valuations, leasing history, tenant mix, lease expiry schedules, rent trends, vacancy rates and building specifications. Information that once required informal networks or costly consulting is now accessible instantly, enabling a shift from relationship-driven deals to data-based investment decisions.

RSQUARE aims to expand beyond Korea. In June, only six months after entering Vietnam, the company passed KRW 10 billion in revenue and announced plans to move into other Southeast Asian markets. Its long-term goal is to replicate its success in cities such as Bangkok, Manila and Jakarta.

“Transparency attracts capital. When investors can access data of the same quality as in London or New York, the risk of Korean assets drops and competitiveness rises,” said RSQUARE. “We have already modernized one of Asia’s key real estate markets and will continue to modernize others across the region and the world.”

 Significantly expands U.S. commercial opportunity with ability to charge fees per scan assessed

Investor Webinar – 11.30am AEST (9.30am AWST) on 22 August 2025

PERTH, Australia, Aug. 21, 2025 /PRNewswire/ — Artrya Limited (ASX: AYA) (Artrya or the Company), a medical technology company commercialising its Salix^® AI-powered cloud platform, for the near real time, point of care assessment and management of coronary artery disease, is pleased to announce it has received 510(k) clearance from the U.S. Food and Drug Administration (the FDA) for Artrya’s proprietary, Salix^® Coronary Plaque module. This regulatory clearance is a major milestone in Artrya’s U.S. market launch which commenced in July and will greatly expand the revenue opportunity with current and future customers.

Key Points

• Major milestone as Artrya receives FDA 510(k) clearance for the Salix^® Coronary Plaque module
• Salix^® Coronary Plaque module enables near real-time, point-of-care detection of high-risk plaque – a key predictor of heart attack^[1] often missed using current manual practices
• Salix^® Coronary Plaque module integrates seamlessly with FDA-cleared Salix^® Coronary Anatomy platform which is already commercial with Tanner Health
• Significantly expands U.S. commercial launch with ability to charge a fee per scan assessed with Salix^® Coronary Plaque module – U.S. Category 1 CPT reimbursement rate US$950^[2] for each assessment

John Konstantopoulos, Co-Founder and CEO of Artrya, said:

“We are thrilled to have received FDA clearance of our Salix^® Coronary Plaque module, which opens up a much greater revenue opportunity for us in the U.S., our largest market. The team have worked tremendously hard to prepare and support the submission which we lodged on the 16th of June, and we intend to build on this as we approach our next submission for the Salix^® Coronary Flow module.

Our momentum is definitely building, with the core Salix^® Coronary Anatomy platform now commercial in Tanner Health, and integration of Northeast Georgia Health System and Cone Health progressing well. Once live, we simply enable the Salix^® Coronary Plaque module in their workstream, providing their clinicians access to our highly detailed assessment of coronary artery plaque in under ten minutes. We know these clinicians tremendously value the speed, ease and efficiency that our Salix^® platform and plaque module offers, as they seek to rapidly diagnose patients and provide those in need with lifesaving treatment.

As we move forward, our ability to generate revenue from our U.S. customers for each CCTA scan they assess with our Salix^® Plaque module, provides us the ability to scale rapidly. This is underpinned by the ability of our customers to receive an attractive Category 1 reimbursement of US$950[2] for each plaque assessment they perform.”

FDA 510(k) clearance of Salix^® Coronary Plaque module

Artrya has received FDA 510(k) clearance of the Salix^® Coronary Plaque module, a proprietary artificial intelligence-enabled module for detecting and quantifying coronary artery plaque. The Salix^® Coronary Plaque module enables a near real-time, point-of-care assessment of plaque and stenosis for patients who have undergone a coronary CT angiogram (CCTA).  A CCTA scan is now the recommended front line diagnostic scan for assessing patients with known or suspected coronary artery disease.

The Salix^® Coronary Plaque module is already embedded within the same user interface as the Salix^® Coronary Anatomy platform and can immediately be enabled in the live version of the platform following this FDA clearance. This makes the expanded Salix^® technology offering available to clinicians, with assessments available to them in less than 10 minutes and without changing or using multiple systems, as required with competing technology.

Commercial opportunity for Salix^® Coronary Plaque module

Coronary artery disease (CAD) remains the leading cause of death and the largest category of U.S. healthcare expenditure, with costs projected to exceed US$1 trillion by 2035^[3]. Coronary artery plaque remains difficult to detect with current methods and in over 50%^[4] of the population, the first sign of the disease is sudden death. More than 4.4 million^[5] CCTA scans are performed each year in the U.S., growing at over 6% annually^[6].

The U.S. government has also increased reimbursement rates paid for assessing CCTA scans, due to the high incidence and benefits for earlier intervention. Now that Artrya’s Salix^® Coronary Plaque module is cleared, it automatically qualifies for a Category I CPT code for automated plaque analysis of CCTA scans, with reimbursement of US$950 per assessment from January 1, 2026.

Artrya’s go to market strategy for the U.S. is built around three strategic partnerships with mid-sized U.S. hospital systems. The first of these, Tanner Health, signed a commercial agreement for clinical use of the Salix^® Coronary Anatomy platform in July 2025 and the integration of Northeast Georgia Health and Cone Health is progressing and will be completed in coming months. This is Artrya’s most immediate commercial opportunity and will be the focus before adding additional customers.

Artrya is also collaborating with several major U.S. hospital centres to participate in the upcoming SAPPHIRE study. These centres will use the Salix^® Coronary Plaque module and will gain awareness and understanding of the benefits that Salix^® can provide. A key strategy moving forward will be to build on this awareness and clinical utility to seek to transition these centres to commercial customers.

Investor Webinar

The Company’s Co-Founder and CEO John Konstantopoulos, will host an Investor Webinar at 11.30am AEST (9.30am AWST) on 22 August 2025, to discuss the FDA clearance and the business outlook. A recording of the webinar will be available on the Investor Centre section of the Company’s website for 60 days after the call. Shareholders will also have an opportunity to participate in a Q&A session at the end of the briefing.

Date:                     22 August 2025
Time:                     9:30am AWST / 11:30am AEST
To pre-register for this conference, please use the following link below:
https://artrya.zoom.us/webinar/register/WN_9ke5TnZATEGINQn6ZUq-VQ

– Ends –

This ASX Announcement is authorised for release by the Board of Artrya Limited.

About Artrya

Artrya Limited (ASX:AYA) is an Australian medical technology company developing AI-powered solutions to improve the detection and management of coronary artery disease. Its proprietary software analyses coronary CT scans to Identify key biomarkers of heart disease, supporting clinicians in diagnosing patients more accurately and efficiently. Artrya’s mission is to advance cardiac care through Innovative technology, with regulatory and commercial activities underway across key international markets.

For more information visit www.artrya.com or follow us on LinkedIn at www.linkedin.com/company/artrya 

Forward Looking Statements

This Announcement may contain forward-looking statements, including estimates, projections and other forward-looking information (Estimates and Projections). Forward-looking statements can generally be identified by the use of forward-looking words such as “expect”, “anticipate”, “likely”, “intend”, “should”, “could”, “may”, “predict”, “plan”, “propose”, “will”, “believe”, “forecast”, “estimate”, “target”, “outlook”, “guidance” and other similar expressions within the meaning of securities laws of applicable jurisdictions and include, but are not limited to, indications of, or guidance or outlook on, future earnings or financial position or performance of Artrya. The Estimates and Projections are based on information available to Artrya as at the date of the Announcement, are based upon management’s current expectations, estimates, projections, assumptions and beliefs in regards to future events in respect to Artrya’s business and the industry in which it operates which may in time prove to be false, inaccurate or incorrect. The Estimates and Projections are provided as a general guide and should not be relied upon as an indication or guarantee of future performance. The bases for these statements are subject to risk and uncertainties that might be out of control of Artrya and may cause actual results to differ from the Announcement. No representation, warranty, or guarantee, whether express or implied, is made or given by Artrya in relation to any Estimates and Projections, the accuracy, reliability, or reasonableness of the assumptions on which the Estimates and Projections are based, or the process of formulating any Estimates and Projections, including that any Estimates and Projections contained in this Announcement will be achieved. Artrya takes no responsibility to make changes to these statements to reflect change of events or circumstances after the release.

For more information:

• Assets on Platform have grown by 406% over the last five years
• This milestone reinforces FNZ’s position as one of the world’s largest wealth management platforms
• FNZ now partners with over 650 financial institutions, more than 12,000 wealth management firms and serves over 26 million end investors globally
• 6 out of the top 10 most recommended UK adviser platforms use FNZ technology, according to recent analysis conducted by Defaqto
• Builds on FNZ’s purpose to open up wealth by making wealth management more accessible and personalized to more people

LONDON and NEW YORK, Aug. 21, 2025 /PRNewswire/ — FNZ, the global wealth management platform, has today announced that it has reached a record milestone of US$2 trillion in Assets on Platform.

This achievement reinforces FNZ’s leadership position in the global wealth industry and highlights its growing role in transforming the way wealth management services are delivered.

It also reflects the accelerating global demand for FNZ’s market-leading, AI-powered, end-to-end technology. Leveraging this has enabled its partners to deliver faster innovation, deeper personalization and significantly lower costs.

Recent growth in Assets on Platform has been underpinned by new client wins, expansion of mandates with existing customers and organic market growth across several major geographies. Over the last five years, Assets on Platform have grown by 406% (38.3% annualised), reflecting the sustained momentum in FNZ’s business globally.

Founded in 2003, FNZ partners with many of the world’s leading banks, insurers and wealth managers to deliver integrated technology, operations and market solutions.

Today, FNZ operates in most of the world’s major markets, serving over 26 million customers, and continues to expand its platform to meet the evolving needs of the industry.

In the UK, FNZ customers also feature strongly in Defaqto’s latest list of the top 10 most recommended adviser platforms, with six of them using FNZ technology, as voted for by UK advisers.

Blythe Masters, Group CEO of FNZ, said:

“Surpassing US$2 trillion in Assets on Platform is a powerful demonstration of the strength of our platform, the dedication of our people and the deep, long-term partnerships we have with our clients.

“We only succeed when our clients succeed, and we remain relentlessly focused on supporting their ambitions, as we use technology to empower advisors and make saving for the future easier for everyone.

“We are incredibly excited about the future, harnessing our scale, technology and expertise to open up wealth and support our clients in delivering innovative, efficient and personalized wealth management and market services to millions of end investors.”

FNZ works with over 650 financial institutions and more than 12,000 wealth management firms worldwide, including Aberdeen, AJ Bell, Allianz, Aviva, Bank of Montreal, Barclays, BNZ, Colonial First State, Consilium, Lloyds Banking Group, NAB, Nucleus Financial Platforms Group, Quilter, Raymond James, UOB Asset Management and Vanguard.

FNZ is backed by some of the world’s largest institutional shareholders, including La Caisse (formerly CDPQ), Canada Pension Plan Investment Board (CPP Investments), Generation Investment Management and Motive Partners.