BEIJING, Jan. 30, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, recently announced successful completion of China’s first-ever carbon emission reduction credit transaction in the electric vehicle (EV) charging arena. In partnership with Hubei Zhongtan Asset Management Co., Ltd. (“Zhongtan Asset Management”), NaaS facilitated the sale of 1,962 tons of carbon emission reductions generated from EV charging adoption. This milestone transaction establishes a new benchmark in deploying green mobility and advancing carbon neutrality.

Since 2021, NaaS has been at the forefront of integrating carbon reduction into EV charging sector. The Company launched its industry-first EV charging carbon account, enabling EV users to track and redeem carbon points earned from daily charging activities. These carbon credits, including 1,962 tons generated between September 24 and October 29, 2024, were collected via Kuaidian platform, NaaS’s strategic partner. Through the Kuaidian app, mini-programs, and third-party portals, EV users can authorize their accounts to engage in green mobility initiatives. This process allows users to accumulate carbon reduction points that can be redeemed for incentives such as charging fee discounts, generating a positive closed-loop ecosystem of green mobility and carbon reduction transactions to further motivate EV users. As of June 30, 2024, over 800,000 users have selected carbon accounts, showcasing the platform’s leadership in contribution to environmental sustainability.

Ms. Yang Wang, Chief Executive Officer of NaaS, commented: “Our execution of this inaugural transaction proves the viability and the market potential of EV charging carbon credits for our current and potential users. By leveraging our scalable platform and partnerships, we are driving business growth while combating climate changes. Looking ahead, NaaS remains committed to expanding our carbon reduction initiatives and accelerating the adoption of green mobility solutions. With significant growth potential in EV charging carbon credits, we are poised to play a key role in leading transportation decarbonization and advancing China’s carbon neutrality targets for environmental protection.”

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company provides one-stop solutions to energy asset owners comprising charging services, energy solutions and new initiatives, supporting every stage of energy assets’ lifecycle and facilitating energy transition.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NaaS’ goals and strategies; its future business development, financial conditions and results of operations; its ability to continuously develop new technology, services and products and keep up with changes in the industries in which it operates; growth of China’s EV charging industry and EV charging service industry and NaaS’ future business development; demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; the COVID-19 pandemic and the effects of government and other measures that have been or will be taken in connection therewith; U.S.-China trade war and its effect on NaaS’ operation, fluctuations of the RMB exchange rate, and NaaS’ ability to obtain adequate financing for its planned capital expenditure requirements; NaaS’ relationships with end-users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations related to the industry; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com
Media inquiries:
E-mail: pr@enaas.com 

Sagility aims to accelerate growth in the mid-market payer segment with this acquisition

BENGALURU, India, Jan. 30, 2025 /PRNewswire/ — Sagility, a leading tech-enabled business operations solutions and services provider in the healthcare sector, today announced its acquisition of BroadPath Healthcare Solutions, a US healthcare focused services company, headquartered in Tucson, Arizona, US. BroadPath operates a work-from-home delivery model with over 1600 employees located across the US and Philippines. Its service portfolio includes member engagement, member acquisition, claims and appeals administration, provider enrollment and credentialing.

The acquisition of BroadPath aligns with Sagility’s strategy to diversify its client base and add new capabilities to its services portfolio. This acquisition significantly expands Sagility’s market presence, adding more than 30 new clients. It further strengthens Sagility’s position among the top ten largest health plans in the US. In addition, the acquisition gives Sagility the opportunity to cross-sell its broad service offerings to several mid-market clients including payers, third-party administrators, pharmacy benefit managers and providers. BroadPath’s member acquisition services will be a new capability addition to Sagility’s offerings.

BroadPath has been a pioneer in the work-from-home model even before the COVID-19 pandemic. Their proprietary Bhive platform improves employee engagement and optimizes operating metrics in a work-from-home model ensuring superior experience for employees and clients alike.

“We are very excited to add a sizeable number of clients through the acquisition of BroadPath. Their unrelenting focus on clients and employees aligns well with our beliefs and we are confident of seamlessly integrating BroadPath’s clients and employees into our larger organization. The strong operating leadership team at BroadPath, with deep relationships across health plans, will remain with the business and continue to drive success for clients,” said Ramesh Gopalan, Managing Director and Group Chief Executive Officer of Sagility.

“Our clients will benefit from the opportunity to utilize the broader set of services and transformational capabilities that Sagility offers. Sagility brings advanced capabilities such as automation, analytics, and artificial intelligence which will enable our clients to further drive efficiencies and improve member engagement,” said Don Hubman, Chief Executive Officer of BroadPath Healthcare Solutions.

About Sagility 

https://sagilityhealth.com/

MIDDLEBURY, Conn., Jan. 31, 2025 /PRNewswire/ — Timex Group has unveiled an exciting new partnership with the iconic British luxury automotive brand Aston Martin. Announced during the Timex Group’s annual Global Summit in Abu Dhabi, this collaboration marks a significant venture into the worlds of watchmaking and jewelry for both brands.

Under this new licensing agreement, Timex Group will design, manufacture, and distribute watch and jewelry collections under the Aston Martin and Aston Martin Aramco Formula One^® Team brands. Designed for fans who share a passion for style and performance and will include iconic features such as the Aston Martin wings, and the marque’s signature Racing Green color will be reflected throughout the collections.

“We could not be more excited to start this new journey with Aston Martin,” said Tobias Reiss-Schmidt, CEO of Timex Group. “Aston Martin has such a rich heritage that allows us to create new icons in both watches and jewelry. Aston Martin’s presence in Formula One^® has grown its fan base in a truly cross-sectional way, and we look forward to introducing our collections to this diverse audience.”

Stefano Saporetti, Director of Brand Diversification at Aston Martin, echoed this enthusiasm: “Starting this new license with Timex Group gives us the opportunity to pursue our brand extension strategy with a long-term vision. We sought a partner who could expand our presence in the watch and jewelry space especially for our fans around the world while sharing our core values.”

The first collections of watches and jewelry will debut in Fall 2025 and they will be available through Aston Martin’s online and offline channels, Timex Group’s global distribution network, and select authorized retailers and department stores worldwide.

About Timex Group
Timex Group designs, manufactures and markets innovative timepieces around the world. Timex Group is a privately-held company headquartered in Middlebury, Connecticut with multiple operating units and over 3,000 employees worldwide. As one of the largest watch makers in the world, Timex Group companies produce watches under a number of world class brands, including Timex, adidas, Ferragamo, Furla, Gc, Guess, Nautica, Philipp Plein, Plein Sport, Ted Baker and Versace.  

For more information, please visit http://timexgroup.com

Media Contacts: Patricia Rappaport patricis.rappaport@civic-us.com 

About Aston Martin Lagonda: 
Aston Martin’s vision is to be the world’s most desirable, ultra-luxury British brand, creating the most exquisitely addictive performance cars.

Founded in 1913 by Lionel Martin and Robert Bamford, Aston Martin is acknowledged as an iconic global brand synonymous with style, luxury, performance, and exclusivity. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX707 and its first hypercar, the Aston Martin Valkyrie. Aligned with its Racing. Green. sustainability strategy, Aston Martin is developing alternatives to the Internal Combustion Engine with a blended drivetrain approach between 2025 and 2030, including PHEV and BEV, with a clear plan to have a line-up of electric sports cars and SUVs.

Based in Gaydon, England, Aston Martin Lagonda designs, creates, and exports cars which are sold in more than 50 countries around the world. Its sports cars are manufactured in Gaydon with its luxury DBX SUV range proudly manufactured in St Athan, Wales. The company is on track to deliver net-zero manufacturing facilities by 2030.

Lagonda was founded in 1899 and came together with Aston Martin in 1947 when both were purchased by the late Sir David Brown, and the company is now listed on the London Stock Exchange as Aston Martin Lagonda Global Holdings plc.

2020 saw Lawrence Stroll become the company’s Executive Chairman, alongside significant new investment. This coincided with Aston Martin’s return to the pinnacle of motorsport with the Aston Martin Aramco Formula One® Team and commenced a new era for the iconic British marque.

Image from Left to Right: Stefano Saporetti, Director of Brand Diversification, Aston Martin; Matthew Chapman, Head of Licensing and Merchandise Aston Martin F1 Team; Tobias Reiss-Schmidt, President, CEO Timex Group.

Logo – https://laotiantimes.com/wp-content/uploads/2025/01/timex_group_logo_logo.jpg
Logo – https://laotiantimes.com/wp-content/uploads/2025/01/2022_aston_martin_logo_black_timex.jpg
Photo – https://laotiantimes.com/wp-content/uploads/2025/01/am_press_release_image_timex.jpg

CHONGQING, China, Jan. 30, 2025 /PRNewswire/ — Just as the Super Bowl is the television event of the year for Americans, the CCTV Spring Festival Gala is China’s ultimate national viewing spectacle. It is a cultural “media Super Bowl” that captivates audiences like no other event. This year, the 2025 CCTV Spring Festival Gala showcased an extraordinary performance by AITO M9 at the SERES Super Factory.

A brand-new AITO M9 emerged from the Vehicle Departure Gate of SERES Super Factory, then merged into a vehicle formation of 780 AITO M9s, collectively illuminating this technological and artistic visual feast. Following the musical rhythm, the cars transformed into “dancers,” using their headlights to create dynamic light displays that perfectly blended with stage lighting and artistic gymnastics performances, presenting a shocking visual effect.

The Seres Super Factory — considered a global benchmark in automotive technology — became a radiant stage, with the words ‘New Era’, ‘New Journey’, ‘China’s Intelligent Manufacturing, ‘New Chongqing’, and ‘Rapid Change’ presented by a grand formation of AITO M9 vehicles. The display highlighted China’s cutting-edge automotive innovation and manufacturing capabilities.

Together with Teens in Times, and China’s National Artistic Gymnastics Team, SERES delivered a stunning performance that blended technology, art, and athletic prowess — much like Super Bowl halftime show. In this groundbreaking performance, the AITO M9 and the national gymnastics team shared the spotlight. Both embodied a spirit of pushing boundaries and breaking through limitations, showcasing the perfect fusion of technological innovation and athletic excellence.

The 2025 Spring Festival Gala reached a jaw-dropping 16.8 billion global views across all media platforms, with mobile viewership soaring to 372 million, comparable to the most-watched Super Bowl broadcast in history.

As a premium intelligent electric vehicle brand, AITO embodies “Intelligence Redefining Luxury,” leading with the concept of “traditional luxury + technological luxury,” bringing users continuously leading smart travel experiences. The AITO M9 has dominated the Chinese luxury car market for nine consecutive months, consistently topping sales charts for vehicles priced over 500,000 yuan. This achievement breaks the monopoly of foreign brands in China’s high-end automotive market and marks a significant milestone for Chinese car manufacturers in establishing themselves as premium brands.

In 2024, the AITO M9 made its first appearance at the CCTV Spring Festival Gala, instantly becoming a nationwide sensation. In 2025, the vehicle returned to the national stage as a representative of intelligent automotive technology.

Simulating indoor radio coverage for first responders has been made simpler thanks to a new capability called Phase Tracing.

GLOUCESTER, England, Jan. 30, 2025 /PRNewswire/ — The novel design was influenced by the 2017 Grenfell Tower inferno, where radio communication in concrete stairwells was highlighted as a major problem. Using computer game graphic techniques, a new capability has been launched to simulate propagation in a digital twin model.

Radio coverage in a stairwell

The intensive computation required to perform a true 3D simulation with reflections has been made practical through developments in graphics processing. As a result, accurate radio coverage in stairs, tunnels and elevator shafts can be simulated, at the network edge, by an operator with minimal training. In contrast to legacy indoor planning tools, which use floor plans and images; Phase Tracing is designed for critical communications and industrial markets in challenging and dynamic 3D environments, represented by digital models.

Alex Farrant, Technical Director at CloudRF said:

“Phase Tracing represents a leap forward for radio simulation from overlaying images on a 2D map or floor plan. There exists a huge gap in the market between indoor simulation packages and the skill required to use them effectively, and first responders who are left guessing where they will lose communications on a stairwell.
For RF theory students who are taught the impact of multipath; they now have a tool to visualise and explore this important concept; so they can see why movement may cure a dead spot. Better still, they can identify constructive multipath they didn’t know about.”

The GPU accelerated engine reads and writes to open standard glTF models and uses ray tracing techniques from computer games to bounce photons around the model. With the addition of phase, multipath artefacts such as signal “dead spots”, where out of phase signals on the same wavelength cancel each out, can be modelled. The number of reflections, material attenuation and scattering properties can be configured. This is essential for modern buildings which are built with materials which disrupt radio communication.

Phase Tracing is available to use now at CloudRF.com and will be available offline in Q2 2025.

The scalable design supports different client devices from phones to computers and the developer’s API enables integration into other systems.

CloudRF is a Gloucester based SME, founded in 2012 specialising in scalable radio simulation software.

Simulating indoor radio coverage for first responders has been made simpler thanks to a new capability called Phase Tracing.

GLOUCESTER, England, Jan. 30, 2025 /PRNewswire/ — The novel design was influenced by the 2017 Grenfell Tower inferno, where radio communication in concrete stairwells was highlighted as a major problem. Using computer game graphic techniques, a new capability has been launched to simulate propagation in a digital twin model.

Radio coverage in a stairwell

The intensive computation required to perform a true 3D simulation with reflections has been made practical through developments in graphics processing. As a result, accurate radio coverage in stairs, tunnels and elevator shafts can be simulated, at the network edge, by an operator with minimal training. In contrast to legacy indoor planning tools, which use floor plans and images; Phase Tracing is designed for critical communications and industrial markets in challenging and dynamic 3D environments, represented by digital models.

Alex Farrant, Technical Director at CloudRF said:

“Phase Tracing represents a leap forward for radio simulation from overlaying images on a 2D map or floor plan. There exists a huge gap in the market between indoor simulation packages and the skill required to use them effectively, and first responders who are left guessing where they will lose communications on a stairwell.
For RF theory students who are taught the impact of multipath; they now have a tool to visualise and explore this important concept; so they can see why movement may cure a dead spot. Better still, they can identify constructive multipath they didn’t know about.”

The GPU accelerated engine reads and writes to open standard glTF models and uses ray tracing techniques from computer games to bounce photons around the model. With the addition of phase, multipath artefacts such as signal “dead spots”, where out of phase signals on the same wavelength cancel each out, can be modelled. The number of reflections, material attenuation and scattering properties can be configured. This is essential for modern buildings which are built with materials which disrupt radio communication.

Phase Tracing is available to use now at CloudRF.com and will be available offline in Q2 2025.

The scalable design supports different client devices from phones to computers and the developer’s API enables integration into other systems.

CloudRF is a Gloucester based SME, founded in 2012 specialising in scalable radio simulation software.

Photo – https://laotiantimes.com/wp-content/uploads/2025/01/stairs_teaser-1.jpg
Logo – https://laotiantimes.com/wp-content/uploads/2025/01/cloudrf_logo-1.jpg

• Telefónica Tech to integrate IBM quantum safe technology into its cybersecurity services to create specific use cases aimed at addressing new and future risks associated with the advancement of cryptographically relevant quantum computers.
• The agreement includes deployment of IBM’s quantum-safe technology infrastructure at Telefónica Tech’s headquarters in Madrid (Spain) to promote business development aimed at cyber resiliency and agility against vulnerabilities arising from the development of future cryptographically relevant quantum computers.

MADRID, Jan. 30, 2025 /PRNewswire/ — Telefónica Tech, the digital business unit of the Spanish telecommunications group Telefónica, and IBM (NYSE: IBM), a pioneer in quantum-safe cryptography, today announced a collaboration agreement to develop and deliver security solutions that address security challenges posed by future cryptographically relevant quantum computers.

Raquel Ruiz Lozano (left), Global Head of Strategic Partnerships for Telefónica Tech; and Adolfo Hernández Pulido, Tecnology Managing Director for Telefónica at IBM, at Telefonica’s headquarters in Madrid (Spain).

The advent of quantum computing will allow for more advanced calculations, but it also brings with it a critical challenge: ensuring data security in a future where traditional encryption algorithms could become vulnerable. Additionally, while a cryptographically relevant quantum computer is not yet available, data may already be vulnerable to harvesting by cybercriminals for future decryption. 

IBM has developed quantum safe-focused enterprise software and research-driven assets for a holistic solution to anticipated quantum risks. IBM Guardium Quantum Safe, part of the broader IBM Guardium Data Security Center, helps organizations gain visibility and manage cryptography to address vulnerabilities, guide prioritization and remediation, and improve security posture. It also includes IBM Guardium Key Lifecycle Manager, which provides centralized, secured, and scalable encryption key management. 

Complementing these are IBM Quantum Safe Explorer and IBM Quantum Safe Remediator, technology assets for discovering cryptographic vulnerabilities in code, testing quantum safe algorithm performance, and establishing quantum safe proxies. 

Pursuant to this agreement, the two companies will work together to combine IBM’s quantum-safe technology with Telefónica Tech’s experience in providing managed and professional cybersecurity services with the aim to create solutions that provide security to companies and public administrations against the new and future security risks of a post-quantum world.

The solutions being discussed will be specifically designed to help protect organizations’ critical data from the risk of being decrypted by quantum computers by implementing new quantum-safe cryptography standards defined by the U.S. National Institute of Standards and Technology (NIST). IBM has co-developed two of the three algorithms that have been published as post-quantum cryptography standards, contributing to data protection in the quantum era.

Raquel Ruiz Lozano, Global Head of Strategic Partnerships for Telefónica Tech, states: “Quantum computing offers incredible opportunities, but it could also pose a significant challenge in terms of cybersecurity. This collaboration agreement with IBM allows us to continue to help address the potential risks of the post-quantum world, thanks to its IBM’s quantum safe technology, and to offer our clients solutions to help protect their critical data and face this transformation with security and confidence.”

Adolfo Hernández Pulido, Technology Managing Director for Telefónica at IBM, highlights: “It is critical for organizations to begin evaluating their cryptography and planning a transition to quantum-safe standards. At IBM, we are proud not only to have had a hand in the development of new post-quantum cryptography algorithms, but also to be leading the way with new quantum-safe technologies and services. We are thrilled to sign this collaboration agreement with Telefónica Tech focused on quantum safe technology.”

The prospective integration of IBM’s quantum-safe technologies into Telefónica Tech’s portfolio of services is being engineered to enhance the proactive risk assessments capable of being carried out by Telefónica Tech’s operations professionals with the aim of helping organizations identify and address cryptography vulnerabilities in their infrastructures.

Concordant with this agreement, Telefónica Tech would also assist organizations in their transition to new cryptographic standards, protocols or algorithms to ensure resilience and agility against cybersecurity risks posed by quantum computing, and the transition to new quantum-safe encryption technologies.

The agreement also contemplates the creation of a joint use case office, focused on key areas such as communications encryption, adaptation to new secure algorithms, and the protection of critical environments.

In this context, IBM’s infrastructure has already been deployed at Telefónica’s headquarters, located in Distrito Telefónica (Madrid, Spain), to promote business development. This infrastructure is composed of elements specifically designed to promote a secure and resilient environment against the threats of the post-quantum world.

These include an IBM LinuxONE system, which is secured with end-to-end encryption including new quantum-safe cryptography; IBM Storage technology; and other advanced tools for protecting master and operational keys.

About Telefónica Tech
Telefónica Tech is the leading company in digital transformation. The company offers a wide range of services and integrated technological solutions for Cyber Security, Cloud, IoT, Big Data, AI and Blockchain. For more information, please visit: https://telefonicatech.com/en

About IBM
IBM is a leading provider of global hybrid cloud, artificial intelligence, and consulting expertise. We help clients in over 175 countries harness insights from their data, optimize business processes, reduce costs and gain a competitive advantage in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on the IBM hybrid cloud platform and Red Hat OpenShift to achieve their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in artificial intelligence, quantum computing, industry-specific cloud solutions and consulting offer open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, accountability, inclusion and service. Visit www.ibm.com for more information.

Contact:

IBM
Willa Hahn
Willa.Hahn@ibm.com 

Telefónica, S.A.
Dirección de Comunicación Corporativa
email: prensatelefonica@telefonica.com
telefonica.com/es/sala-comunicacion