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Woolpert Appoints Neil Churman as Chief Executive Officer

Churman, who has served as Woolpert’s president since 2024, emphasizes commitment to continued global growth, innovation, and strengthening the firm’s culture.

DAYTON, Ohio, Jan. 23, 2025 /PRNewswire/ — Global architecture, engineering, and geospatial services firm Woolpert has promoted Neil Churman to chief executive officer. Churman has served as Woolpert’s president since early 2024, leading Woolpert’s business operations and mergers and acquisitions program. He succeeds Scott Cattran, who has led the company since 2015. As part of the firm’s long-term succession plan, Cattran will take on a new role in Woolpert as executive chairman, supporting Churman with company strategy and continuing to lead its board of directors.

Churman’s background is in driving strategic growth and operational excellence in the architecture, engineering, geospatial, and technology services industries. Churman was recruited by Cattran in 2022 and brought on as the company’s first chief corporate development officer. Churman has since led the company through five strategic acquisitions, adding over 800 employees and expanding the company’s capabilities across the U.S., Europe, and Australia. In 2024, under his operational leadership as president, the company delivered the strongest financial performance of its 114-year history.

Prior to Woolpert, Churman held roles at TRC Companies, 7 Mile Advisors, Morrissey Goodale, and Michael Baker International. Churman is a graduate of Carnegie Mellon University’s Tepper School of Business, where he earned a Master of Business Administration, and the University of Pittsburgh’s Swanson School of Engineering, where he earned a Bachelor of Science in civil and environmental engineering. Churman will continue to work out of the firm’s Pittsburgh office.

“I am honored to take on this role and am humbled by the responsibility to carry forward our legacy of over 100 years of supporting critical programs for our clients. I’m also committed to strengthening our culture and ensuring we create a great place to work for all our global employees,” Churman said. “Woolpert has built a culture anchored by support, innovation, and a commitment to high performance, and we will remain on that continued path to success. I am proud to be a part of our fantastic global team, to continue the path forged by such an outstanding leader like Scott Cattran, and to lead us into the next chapter of this great company.”

Cattran started at Woolpert in 1999 and steadily moved up through the company. When Cattran was named CEO, the company had just over 600 U.S. staff members, recorded annual revenue of $97 million, and was listed as 135th on Engineering News-Record’s Top 500 Design Firms, a key industry metric. Entering 2025, Woolpert has more than 2,700 staff across five continents, an annual revenue of more than $650 million, and is ranked 47th by ENR. Cattran also led Woolpert’s successful private equity partnerships, including its current relationship with BDT&MSD Partners, and expanded the company shareholder program, adding over 500 new owners to ensure more staff members benefited from the company’s success.

“When I stepped into the CEO role about a decade ago, we developed a vision to not only be the leading architecture, engineering, and geospatial company in our industry, but one of the best companies in the world. Due to the hard work of all Woolpert employees, we are on an unprecedented trajectory in our 100-year+ history to achieve that very vision,” Cattran said. “Neil’s background of effectively integrating industry-leading acquisitions, leading operations and organic growth, and his commitment to building a world-class culture make him the absolute right leader to continue championing this vision. As I take on my new role as executive chairman, I look forward to supporting Neil and the entire global Woolpack continue forward with this ambitious pursuit.”

About Woolpert
Woolpert is the premier architecture, engineering, and geospatial (AEG) firm, with a vision to become one of the best companies in the world. We innovate within and across markets to effectively serve public, private, and government clients worldwide. Woolpert is a Top 50 ENR Global Design firm, has earned eight Great Place to Work certifications, and actively nurtures a culture of growth, inclusion, diversity, and respect. Founded in 1911 in Dayton, Ohio, Woolpert has been America’s fastest-growing AEG firm since 2015. Woolpert has over 2,700 employees and more than 60 offices on five continents. For more, visit woolpert.com.

Media Contact
Lynn Rossi
312-837-2017
lynn.rossi@woolpert.com

ESR Premieres Effortless Protection and Seamless Qi2 Wireless Charging for Galaxy S25 Series

WILMINGTON, Del., Jan. 23, 2025 /PRNewswire/ — ESR, the No. 1 selling brand of MagSafe accessories on Amazon, is bringing MagSafe compatibility and Qi2 wireless charging to Samsung Galaxy S25 users for the first time. With its new HaloLock accessories and UltraFit screen protectors, ESR redefines convenience, protection, and fast charging for Galaxy S25 users.

Unlock a New Era for Samsung Galaxy S25 with ESR’s Latest Innovations
Unlock a New Era for Samsung Galaxy S25 with ESR’s Latest Innovations

“While the Samsung Galaxy S25 series is ‘Qi2-ready,’ users will need a magnetic case to unlock the full potential of Qi2 wireless charging,” said Tim Wu, ESR’s CEO. “ESR’s HaloLock accessories enable Galaxy S25 users to experience seamless protection and magnetic charging, delivering the convenience and efficiency they expect from advanced wireless technology.”

HaloLock Classic Hybrid Case: Qi2-Ready Protection for Galaxy S25

With the HaloLock Classic Hybrid Case, Samsung Galaxy users can now unlock the ease and versatility of Qi2 wireless charging. This case also extends the benefits of HaloLock accessories—previously exclusive to Apple users—to the Galaxy S25 series.

Key Features:

  • Multi-Brand Compatibility: Galaxy S25 users can use their phones seamlessly with magnetic accessories, car mounts, and chargers, combining convenience and versatility across platforms.
  • Dependable Magnetic Strength: Equipped with a magnetic strength of 1,500 g, the case ensures a secure hold for magnetic chargers and accessories.
  • Ultimate Protection: The case delivers 11-ft drop protection with 3x military-grade durability, reinforced Air Guard corners, a 1.2 mm raised screen edge, and 0.7 mm lens guards to keep devices safe in any situation.
  • Original Style Preserved: The tough acrylic back resists scratches, ensuring the Galaxy S25 remains sleek and stylish over time.

Qi2 and CryoBoost™: The Fastest, Safest Wireless Charging for Galaxy S25

Thanks to ESR’s HaloLock Classic Hybrid Cases, Galaxy S25 users can now fully unlock the potential of Qi2 wireless charging with ESR’s Qi2-certified wireless chargers. Outfitted with ESR’s HaloLock cases, the Galaxy S25 series pairs perfectly with the HaloLock Magnetic Car Charger with Qi2 and CryoBoost™, the world’s first 15W Qi2-certified wireless car charger featuring advanced 2nd-gen CryoBoost™ cooling technology. This seamless compatibility brings a new level of convenience and efficiency to everyday use, making charging as effortless as snapping the phone into place.

Key Features:

  • Fastest Wireless Charging: Fully charges the Galaxy S25 Ultra in just 2 hours and 36 minutes or boosts it to 30% in only 40 minutes—70% faster than other Qi2 chargers during GPS navigation.
  • CryoBoost™ Cooling Technology: Keeps devices cool and safe while charging, optimizing efficiency and extending battery life.
  • Unshakable Magnetic Hold: Equipped with 18 N52 magnets for 1,600 g magnetic strength, the charger securely holds the phone even on rough terrain, ensuring reliable performance on commutes and road trips.

For added convenience, the HaloLock Qi2 Mini Kickstand Magnetic Charger combines compact portability with 15W fast charging. The built-in kickstand allows users to charge and stream hands-free, making it an ideal companion for on-the-go charging.

Armorite Screen Protector: Effortless Fit, Ultimate Protection for Galaxy S25

The Armorite Screen Protector with UltraFit Tray is redefining screen protection for the Galaxy S25 with its innovative two-step installation process. The new UltraFit Tray is designed to eliminate the common frustrations of dust, bubbles, and misalignment during installation, addressing a key pain point experienced by users. Highly praised by Apple users, the same premium quality and effortless experience is now available to Galaxy S25 series users.

Key Features:

  • Effortless Installation: The UltraFit Tray uses static adsorption to automatically remove dust and ensure perfect alignment, delivering a flawless, bubble-free application in just two steps.
  • Unmatched Durability: Certified by SGS to withstand impacts of up to 33 lb, the 9H tempered glass provides maximum durability and peace of mind.
  • Full-Screen Coverage: Edge-to-edge protection prevents dust buildup and maintains the device’s pristine appearance.
  • Seamless Functionality: Ultra-sensitive touch technology ensures fast, reliable fingerprint unlocking and a smooth user experience.

Explore the full press kit Here. Visit ESR’s Official Website or Amazon Store to learn more about the full range of S25 accessories.

About ESR

Founded in 2009, and now with a user base of over 100 million people worldwide, ESR is a leading brand of mobile accessories and the #1 brand for MagSafe accessories. From cases that do more than protect to wireless chargers that reimagine what’s possible with MagSafe, we’re on a mission to make tech easier to use.

Lunit AI Enhances Precision in Predicting Outcomes for HER2-Targeted Therapy in Metastatic Colorectal Cancer – new study published in JCO Precision Oncology

Newly published study in collaboration with Japan’s NCCHE reveals how AI-powered HER2 and tumor microenvironment analysis improves patient stratification and clinical outcome predictions

SEOUL, South Korea, Jan. 23, 2025 /PRNewswire/ — Lunit (KRX:328130.KQ), a leading provider of AI-powered solutions for cancer diagnostics and therapeutics, today announced the publication of a new study in the Journal of Clinical Oncology Precision Oncology. Conducted in collaboration with Japan’s National Cancer Center Hospital East (NCCHE), the study reveals how Lunit’s cutting-edge AI-powered pathology solutions, Lunit SCOPE® HER2 and Lunit SCOPE IO, significantly improve HER2 biomarker evaluation and the prediction of clinical outcomes in metastatic colorectal cancer (mCRC) patients undergoing HER2-targeted therapy.


“Lunit SCOPE HER2”, Lunit’s AI-powered solution designed to detect HER2 expression profile

This study presents findings from the TRIUMPH phase II clinical trial, which evaluated 30 patients with HER2-positive metastatic colorectal cancer treated with dual HER2-targeted therapy using Trastuzumab and Pertuzumab. Lunit’s AI solutions were applied to assess HER2 status and tumor microenvironment (TME) variables, with significant findings:

Enhanced HER2 Assessment Accuracy

Lunit SCOPE HER2 demonstrated 86.7% accuracy compared to pathologist assessments for HER2 immunohistochemistry (IHC), achieving 100% accuracy in identifying HER2 IHC 3+ cases.

Improved Prediction of Treatment Response and Outcomes

Patients identified by the AI model as having a high proportion of HER2 IHC 3+ staining tumor cells (AI-H3-high, >50%) exhibited better clinical outcomes than those identified through traditional HER2 evaluation methods:

  • Objective Response Rate (ORR): 42.1% (AI-H3-high) vs. 26.7% (overall TRIUMPH trial)
  • Progression-Free Survival (PFS): 4.4 months (AI-H3-high) vs. 1.4 months (AI-H3-low)
  • Overall Survival (OS): 16.5 months (AI-H3-high) vs. 4.1 months (AI-H3-low)

Deeper Insights into the Tumor Microenvironment (TME)

Using Lunit SCOPE IO, the study performed detailed TME profiling, including lymphocyte, macrophage, and fibroblast densities. Among AI-H3-high patients, those with low stromal TME density (TME-low) achieved the most favorable outcomes:

  • ORR: 57.1%
  • PFS: 5.6 months
  • OS: 26.0 months

The findings underscore the transformative potential of AI-powered pathology tools in precision oncology. By providing a more accurate and detailed evaluation of HER2 status and TME characteristics, Lunit’s solutions can better stratify patients and predict responses to HER2-targeted therapies currently available or in development. This capability may inform more tailored treatment strategies, ultimately improving patient outcomes in mCRC and potentially other HER2-amplified cancers.

“This study underscores the potential of AI technology to redefine how we evaluate biomarkers and predict treatment responses,” said Dr. Takayuki Yoshino of the National Cancer Center Hospital East, principal investigator of the research. “The ability to more precisely stratify patients will lead to more personalized treatment options, improving outcomes for patients with HER2-positive metastatic colorectal cancer.”

“The findings from this study demonstrate how Lunit’s AI-powered solutions, Lunit SCOPE HER2 and Lunit SCOPE IO, can provide clinicians with actionable insights to refine treatment strategies,” said Brandon Suh, CEO of Lunit. “Our continued collaboration with NCCHE showcases the transformative potential of AI in precision oncology.”

About Lunit

Founded in 2013, Lunit (KRX:328130.KQ) is a medical AI company on a mission to conquer cancer. Lunit harnesses AI-powered medical image analytics and biomarker analysis to ensure accurate diagnosis and optimal treatment for each cancer patient. The FDA-cleared Lunit INSIGHT suite for cancer screening serves over 4,500 medical institutions across 55+ countries.

Lunit clinical studies have been published in top journals, including the Journal of Clinical Oncology and the Lancet Digital Health, and presented at global conferences such as the ASCO and RSNA. In 2024, Lunit acquired Volpara Health Technologies, setting the stage for unparalleled synergy and accuracy, particularly in breast health and screening technologies. Headquartered in Seoul, South Korea, with a network of offices worldwide, Lunit leads the global fight against cancer. Discover more at lunit.io.

NetDragon and PolyU Collaborate to Drive Innovation in Educational Technology, Enriching Students’ Learning Experiences

HONG KONG, Jan. 23, 2025 /PRNewswire/ — NetDragon Websoft Holdings Limited (“NetDragon” or the “Company”; Hong Kong Stock Code: 0777), a global leader in building internet communities, is pleased to announce that the Company has signed a Memorandum of Understanding (“MoU”) with The Hong Kong Polytechnic University (“PolyU”), marking the establishment of a strategic partnership. This close collaboration aims to promote the applications of educational technology (“EdTech”) in higher education globally and foster the development of tech talent through the development of artificial intelligence (“AI”) learning platforms, joint research, and exchange programmes.

Witnessed by Prof. Kwok-yin WONG, PolyU Vice President (Education); Prof. H.C. MAN, PolyU Dean of the Faculty of Engineering; Mr Ben YAM, Chief Financial Officer of NetDragon; and Mr Wood LAU, Head of Compliance and Corporate Affairs and Company Secretary of NetDragon, the MoU was signed by Prof. CHUNG Chi-yung, Head of the Department of Electrical and Electronic Engineering and Chair Professor of Power Systems Engineering of PolyU, and Ms Doris ZHAO, General Manager of Regional Business Development of NetDragon.

Under the MoU, PolyU and NetDragon will closely collaborate in three key areas. This includes the joint development of an AI learning platform aimed at enriching the learning experiences of students in Hong Kong and around the world. Both parties will also leverage their exceptional research and academic strengths, along with extensive industry experience, to engage in collaborative research focused on best practices and innovations in EdTech. In addition, they will facilitate academic and cultural exchange programmes among tertiary institutions in Hong Kong, Mainland China, and other countries and regions, fostering a global exchange of knowledge and ideas.

Prof. CHUNG Chi-yung, Head of the Department of Electrical and Electronic Engineering and Chair Professor of Power Systems Engineering of PolyU said, “Our Department of Electrical and Electronic Engineering aspires to be a leader in engineering education and EdTech locally and globally. By integrating the latest AI technologies into our pedagogy, we strive to enhance students’ learning experience. This collaboration will not only accelerate PolyU’s innovation and application in EdTech but also cultivate talents with innovative thinking and knowledge in engineering and EdTech, contributing to boosting the competitiveness of EdTech in Hong Kong and the Greater Bay Area.”

Mr Ben YAM, Chief Financial Officer of NetDragon said, “We are excited to partner with PolyU. NetDragon will leverage its expertise in AI and its applications in EdTech, combining with PolyU’s renowned academic resources to explore the joint development of cutting-edge AI learning platforms and innovative educational solutions. This collaboration marks a new milestone in advancing global higher education. Through this collaboration, we look forward to exploring the vast potential of AI in education and, by integrating the resources of both parties, expanding market opportunities and driving innovation in EdTech.”

About NetDragon Websoft Holdings Limited

NetDragon Websoft Holdings Limited (HKSE: 0777) is a global leader in building internet communities with a long track record of developing and scaling multiple internet and mobile platforms that impact hundreds of millions of users, including previous establishments of China’s first online gaming portal, 17173.com, and China’s most influential smartphone app store platform, 91 Wireless. 

Established in 1999, NetDragon is one of the most reputable and well-known online game developers in China with a history of successful game titles including Eudemons Online, Heroes EvolvedConquer Online and Under Oath. In the past 10 years, NetDragon has also achieved success with its online education business both domestically and globally, and its overseas education business entity, currently a U.S.-listed subsidiary named Mynd.ai, is a global leader in interactive technology and its award-winning interactive displays and software can be found in more than 1 million learning and training spaces across 126 countries.

About The Hong Kong Polytechnic University

The Hong Kong Polytechnic University (PolyU) aspires to be an innovative world-class university that pursues excellence in education, research and knowledge transfer for the benefit of Hong Kong, the Nation, and the world. Driven by its motto, “To learn and to apply, for the benefit of mankind”, the University nurtures socially responsible professionals and leaders with a strong sense of national pride and a global perspective, and pursues world-leading research and innovation for societal benefits. The University’s unwavering commitment to excellence has garnered international acclaim, with PolyU ranking 57th in the QS World University Rankings 2025. Five subjects were placed within the top 20 in the QS World University Rankings by Subject 2024. Among these, “Hospitality and Leisure Management”, Civil and Structural Engineering”, “Marketing”, and “Art and Design” achieved the top rank in Hong Kong. PolyU also strives to foster a University community in which all members are united with a strong sense of belonging and pride, empowering the University to scale new heights.

For investor enquiries, please contact:
NetDragon Websoft Holdings Limited
Ms. Maggie Zhou
Senior Director of Investor Relations
Email: maggiezhou@nd.com.hk / ir@netdragon.com
Website: ir.netdragon.com

Massimo Motor to Participate in The Microcap Conference 2025

GARLAND, Texas, Jan. 23, 2025 /PRNewswire/ — Massimo Group (NASDAQ: MAMO) (“Massimo”), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced that management will attend The Microcap Conference 2025 taking place January 28-30, 2025, Borgata Hotel Spa & Casino in Atlantic City, NJ.

Massimo Chief Financial Officer, Dr. Yunhao Chen, will attend The Microcap Conference 2025 where she is scheduled to host one-on-one meetings with investors, and will host a live presentation during the event.

For more information or to schedule a meeting with management, please contact MZ Group at MAMO@mzgroup.us.

About Massimo Group

Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles and pontoon boats. Founded in 2009, Massimo Motor believes it offers some of the most value packed UTV’s, off-road, and on-road vehicles in the industry. The company’s product lines include a wide selection of farm and ranch tested utility UTVs, recreational ATVs, and Americana style minibikes. Founded in 2020, Massimo Marine manufactures and sells Pontoon and Tritoon boats with a dedication to innovative design, quality craftsmanship, and great customer service. Massimo Group is also developing electric versions of UTVs, golf carts and pontoon boats. The company’s 376,000-square-foot factory is in the heart of the Dallas / Fort Worth area of Texas in the city of Garland. For more information, visit massimomotor.com and massimomarine.com.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the use of proceeds thereof. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “predict,” “project,” “target,” “potential,” “seek,” “will,” “would,” “could,” “should,” “continue,” “contemplate,” “plan,” and other words and terms of similar meaning. These forward-looking statements include information concerning statements regarding future cash needs, future operations, market positions, business plans and future financial results; and any other statements that are not historical facts. Forward-looking statements may include, for example, statements about the Company’s ability to enhance its distribution network; reductions to fulfilment times; the future financial and operational performance of Massimo; competitive position; Massimo’s financial position, including estimated revenues, profitability, margins, losses and expenses; new products; operational efficiency; expansion into new markets; acquisitions; the establishment of an R&D department; and other plans and objectives of management. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Massimo, including those set forth in the “Risk Factors” section of Massimo’s Annual Report on Form 10-K for the year ended December 31, 2023, as updated by Massimo’s subsequent filings, with the SEC. Copies are available on the SEC’s website, www.sec.gov. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company
Dr. Yunhao Chen
Chief Financial Officer
Massimo Group
ir@massimomotor.com

Investor Relations 
Chris Tyson 
Executive Vice President
MZ North America
Direct: 949-491-8235
MAMO@mzgroup.us

Corporate Communications

IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com

Global Railcar IoT Digitization Revenues to Exceed US$20 Billion by 2032, Led by North America and Europe

Entrance of new players in the railcar digitalization space points towards a healthy adoption outlook in North America and Europe

NEW YORK, Jan. 23, 2025 /PRNewswire/ — The freight rail industry has been receiving significant investments to digitize operations. According to global technology intelligence firm ABI Research, revenues for rail car IoT in freight rail will surpass US$20 billion by 2032.

“The global railcar telematics market is driven by the increasing demand for efficient, safe, and cost-effective transportation systems. This expansion can be attributed to advancements in digitalization and the integration of IoT technologies due to heightened emphasis on real-time data analytics enabling preventive maintenance,” explains Adhish Luitel, Principal Analyst at ABI Research.

Vendors like Amsted Digital, Wabtec, Nexxiot, and ZTR are some of the emerging players in this space within North America. In addition to this, RailPulse, a coalition created by leading railcar owners in North America, including Class 1 and 2 railroads, lessors, and rail-car-owning shippers, with the goal of pushing rail digitization is also driving the adoption of digital solutions.

Unlike Europe, the North American market is notoriously underpenetrated when it comes to IoT-based visibility. North America presents a large Total Addressable Market (TAM) of nearly 2 million railcars. So far, machine vision and sensor-based inspection devices mounted on the side of the tracks, usually at rail-grade crossings, have been at the forefront.

“Rail braking inspections are critical to ensure safety and compliance in the industry. These checks verify that the air brake system is functioning properly across the entire train, which can span over a mile in length. However, the process can be time-consuming as manual inspection for each car requires constant coordination between the train crew and the control center. This is when IoT technologies can provide efficiency gains,” concludes Luitel.

These findings are from ABI Research’s Rail Freight Data market data report. This report is part of the company’s Supply Chain Management and Logistics research service, which includes research, data, and ABI Insights. Market Data spreadsheets are composed of deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight into where opportunities lie.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info:

Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com  

Naas Technology Inc. Continues Rapid Charger Expansion, Especially Fast Chargers in Fiscal 4Q’2024

BEIJING, Jan. 23, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, today announced a significant expansion of its charging network in the fourth quarter of 2024. The number of newly connected chargers in Q4 increased more than 50% compared to that of Q3 of 2024. Notably, over 70% of these new additions were DC fast chargers, reinforcing NaaS’s commitment to accelerate fast-charging infrastructure.

This milestone growth highlights the effectiveness of NaaS’s strategic initiatives, including the strong collaborations across the EV ecosystem. Most recently, key partnerships included a prominent regional charge point operator in Fujian Province and the State Grid Corporation of China’s Hebei EV Charging Service Company. By working closely with charge point operators, auto manufacturers, and government entities, NaaS has not only expanded the network coverage of charging infrastructure, but also optimized operational efficiency and service quality. These initiatives have further solidified the Company’s leadership position in China’s EV charging market, ensuring a competitive edge in meeting the growing demand for fast and reliable charging solutions.

Ms. Yang Wang, Chief Executive Officer of NaaS, commented, “Our fourth quarter 2024 charging network expansion demonstrates the critical progress we have achieved through recent strategic partnerships. We are fulfilling our commitment and strategic priority in advancing charging interconnection and increasing supply side coverage, especially in offering more fast charging services via our platform. Our consistent deployment of EV charging services with our partners will ensure expanded supply-side infrastructure, accelerate EV user adoption, and further advance our platform in this rapidly growing market.”

Mr. Steven Sim, Chief Financial Officer of NaaS, added, “Our ability to drive consistent growth is powered by our innovative approach and strong partnerships across the ecosystem. As one of the largest EV charging platform providers in China, our reliable and scalable core charging services delivered consistent gross take rate increase for the past four quarters, which positions us well to sustainable financial profitability and to further capture market opportunities for the long-term.”

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 

Willog to Showcase Its Logistics Intelligence Solutions at Manifest 2025

LAS VEGAS, Jan. 23, 2025 /PRNewswire/ — Willog (www.willog.io), a leading provider of IoT-based logistics intelligence solutions, today announced its participation in Manifest 2025, a premier international logistics event taking place in Las Vegas from February 10-12.

Willog to Showcase Its Logistics Intelligence Solutions at Manifest 2025
Willog to Showcase Its Logistics Intelligence Solutions at Manifest 2025

Hosted by DHL, Manifest 2025 brings together over 1,500 global shippers and 1,200 logistics startups and investors to showcase the latest innovations and trends shaping the future of the supply chain. This year’s event is expected to attract around 6,000 attendees from 50 countries.

At Manifest 2025 (booth #913), Willog will demonstrate its cutting-edge sensor devices and intelligence solutions that go beyond basic visibility to deliver actionable intelligence.

Beyond Visibility: Actionable Intelligence for Logistics Optimization

“Visibility is just the first step,” says Ji Hyun Yun, CEO of Willog. “To truly optimize logistics, businesses need the power to not only track goods but also proactively identify and resolve issues, minimizing risks and costs across the entire supply chain.”

Willog’s platform leverages real-time data, including location, environmental conditions, and more, to provide actionable insights that enable proactive decision-making. This helps businesses:

  • Prevent damage: Identify and mitigate potential risks before they impact product quality.
  • Optimize operations: Streamline processes and reduce costs through data-driven insights.
  • Enhance customer satisfaction: Build trust and improve delivery performance with reliable and transparent transportation.

Willog will showcase a range of use cases, including multi-modal shipments, warehouse risk management, inland trucking, and solutions for highly regulated industries such as pharmaceuticals and food.

To learn more about Willog’s participation at Manifest 2025, please visit booth #913.

About Willog

Willog is an IoT-powered logistics intelligence solution that provides traceable and actionable insights across the entire logistics chain. We leverage data from our own IoT devices, capturing real-time location, environmental conditions, and fleet and inventory movements. By analyzing this data with our proprietary algorithms, we uncover critical information at every stage of the logistics journey. This empowers you to make informed decisions, optimize operations, and drive continuous improvement.