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Leadership change fuels Busways’ strategic ambitions

SYDNEY, Jan. 15, 2025 /PRNewswire/ — Busways, the largest Australian-owned bus operator, has appointed Will O’Neill as its new Chief Executive Officer, effective January 1, 2025.

Byron Rowe and Will O’ Neill

Mr O’Neill steps up to the helm after a decade of strong leadership at Busways, most recently as Chief Financial Officer and Commercial Officer, and with 30 years’ commercial and financial experience.

He succeeds Byron Rowe, grandson of founder Dick Rowe, who moves to Executive Chair of the Busways Board after seven transformative years as Managing Director of the 82-year-old company.  Under Mr Rowe’s leadership, Busways doubled in size, solidifying its position as the largest Australian-owned bus operator, successfully navigating expansions and challenging times.

Mr Rowe explains that the shift ensures Busways is primed for long-term success.

“This transition is all about strengthening Busways and setting us up for what’s next. We’ve got a strong team at Busways and a clear plan in place,” Mr Rowe says.

“As Executive Chair, I will concentrate on strategic projects and long-term growth initiatives, ensuring we continue to deliver exceptional service and value for government and communities.”

“Having worked alongside Will for over a decade, I’m fully confident in his ability to lead Busways with the same dedication and drive we’ve always shared,” he says.

“His commitment and insight make him a natural fit for the role, he’ll keep our dedicated team moving forward with strength and purpose.”

Mr O’Neill says he looks forward to focusing on leading the business and preparing Busways for growth opportunities.

“At the heart of my new responsibility as CEO is doing justice to the legacy that has been built in this business, together with guiding our continued development and growth to set up for the next generation of leaders” Mr O’Neill said.

A key part of that is developing and retaining good people, he says.

“As a service business, our people are the key to our success.  We work hard to provide our people with the environment they need to succeed. This is a great business, with great people.”

“This is why Busways is an Australian success story.  In the 1970’s there were approximately 40 private bus operators in the Sydney metro area, the most challenging and competitive market in Australia.  Today, there is only one – Busways – and we serve 20% of the market.

“I am truly grateful for the opportunity to lead such a wonderful organisation and I am excited about continuing to deliver for our clients and customers as we continue to grow.”

Will O’Neill brings over 30 years of expertise in senior executive leadership, corporate finance, and strategic planning, including leadership roles at KPMG and other advisory firms. He has led or advised on complex, high-impact projects, advising governments and corporations in a range of industries.

This leadership change marks a natural progression in Busways’ journey as the company continues to expand its footprint and lead innovation in public transport services.

Contact Busways Media team at media@busways.com.au

Nature’s Miracle Holding Inc. Announces Receipt of Delisting Notification from Nasdaq

ONTARIO, Calif., Jan. 15, 2025 /PRNewswire/ — Nature’s Miracle Holding Inc. (NASDAQ: NMHI) (“Nature’s Miracle” or the “Company”), a leader in vertical farming technology and infrastructure, today announced that on January 13, 2025, the Company received written notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Nasdaq Hearings Panel has determined to delist the Company’s common stock and warrants from Nasdaq due to the Company’s failure to comply with minimum shareholder’s equity requirement under Nasdaq Listing Rule 5550(b)(1). The Notice indicated that trading in the Company’s common stock and warrants will be suspended on Nasdaq, effective at the open of business on January 15, 2025.

The Company has 15 days after the date it received notice of the Panel’s decision to request that the Nasdaq Listing and Hearing Review Council (the “Council”) review the Hearing Panel’s decision, or the Council may, on its own motion, determine to review the Hearing Panel’s decision within 45 calendar days of the issuance of  the decision.

The Company is considering to appeal the decision.

Upon suspension of the trading of its common stock on Nasdaq, the Company expects that its common stock and warrants will be quoted under its existing symbol “NMHI” and “NMHW” respectively, on the OTC Pink .

About Nature’s Miracle Holding Inc.

Nature’s Miracle (www.Nature-Miracle.com) is a growing agriculture technology company providing products and services to growers in the Controlled Environment Agriculture (“CEA”) industry around the world. The company has recently launched EV and bitcoin business, all energy dependent as CEA.

Forward-Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intends,” “may,” “will,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: the intended use of proceeds from the offering; successful launch and implementation of Nature’s Miracle’s joint projects with manufacturers and other supply chain participants of steel, rubber and other materials; changes in Nature’s Miracle’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; Nature’s Miracle’s ability to develop and launch new products and services; Nature’s Miracle’s ability to successfully and efficiently integrate future expansion plans and opportunities; Nature’s Miracle’s ability to grow its business in a cost-effective manner; Nature’s Miracle’s product development timeline and estimated research and development costs; the implementation, market acceptance and success of Nature’s Miracle’s business model; developments and projections relating to Nature’s Miracle’s competitors and industry; and Nature’s Miracle’s approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company’s shares on Nasdaq; changes in applicable laws or regulations; the effects of the coronavirus (COVID-19) and any future outbreaks on Nature’s Miracle’s business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which Nature’s Miracle’s operates; the risk that Nature’s Miracle’s and its current and future collaborators are unable to successfully develop and commercialize Nature’s Miracle’s products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that Nature’s Miracle’s is unable to secure or protect its intellectual property; the possibility that Nature’s Miracle’s may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in Nature’s Miracle’s filings from time to time with the SEC.

For more information, please contact:

Nature’s Miracle Holding, Inc.
Investor Relations Department
ir@nature-miracle.com

Ascent Investors Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

Solidion Technology’s Chief Science Officer Delivers Keynote at Prestigious Advanced Materials Summit in Abu Dhabi

Dr. Bor Jang Showcases Graphene’s Transformative Potential for Next-Generation Energy Storage Solutions

DAYTON, Ohio, Jan. 15, 2025 /PRNewswire/ — Solidion Technology, Inc. (NASDAQ: STI), an advanced battery technology solutions provider, proudly announces that Dr. Bor Jang, the company’s Board Chairman and Chief Science Officer, delivered the keynote address at the Innovative & Industrial 2D/Advanced Materials Summit & Expo (I2DM2024) in Abu Dhabi, UAE.

The I2DM Summit convenes the world’s foremost researchers, industry leaders, and visionaries to explore and unlock the boundless potential of Advanced Materials, including graphene, a two-dimensional (2D) wonder material. Dr. Jang, a pioneering figure in graphene innovation, shared insights on its transformative applications in energy storage and battery technologies.

A Legacy of Innovation

Dr. Jang’s credentials are unparalleled in the field of materials science. A graduate of MIT with MS and PhD degrees, he has held prestigious roles, including Dean of the College of Engineering and Computer Science and Professor at Wright State University. His remarkable achievements include:

  • Discovery of Graphene (2002): Dr. Jang filed the world’s first patent application on graphene.
  • Breakthrough Inventions: His team pioneered graphene supercapacitors (2006) and graphene-enabled batteries (2007).
  • Prolific Innovator: Co-inventor of over 680 U.S. patents and 200+ international patents (issued and pending).
  • Recognition as a National Academy of Inventors Fellow (2019): Honoring his contributions to innovation.
Keynote Highlights:

Dr. Jang’s keynote addressed the transformative role of graphene in energy storage, emphasizing its applications in anodes, cathodes, and current collectors for next-generation batteries, including:

  • Lithium-ion and sodium-ion batteries for electric vehicles (EVs) and consumer electronics.
  • Lithium-metal and lithium-sulfur batteries offering higher energy density and improved safety.
  • Aluminum-ion batteries, an emerging solution for sustainable energy storage.

Dr. Jang demonstrated how graphene’s superior conductivity, lightweight properties, and mechanical strength enable batteries to achieve higher energy density, longer lifespans, and faster charging capabilities—critical advancements to meet the growing demand for efficient and sustainable energy solutions.

For more information, please visit www.solidiontech.com or contact Investor Relations.

About Solidion Technology, Inc.

Headquartered in Dallas, Texas with pilot production facilities in Dayton, Ohio, Solidion’s (NASDAQ: STI) core business includes manufacturing of battery materials and components, as well as development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air, and sea transportation. Solidion holds a portfolio of over 550 patents, covering innovations such as high-capacity, non-silane gas and graphene-enabled silicon anodes, biomass-based graphite, advanced lithium-sulfur and lithium-metal technologies. Headquartered in Dallas, Texas with R&D and production facilities in Dayton, Ohio, Solidion’s core business includes manufacturing of battery materials and components, as well as development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air, and sea transportation.

Cautionary Note Regarding Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc., (NASDAQ: STI) (the “Company,” “Solidion,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

Verkada Expands Leadership Team to Drive JAPAC Channel Growth

Boudewijn Pesch Joins Verkada as Vice President of JAPAC Channel Sales

SAN MATEO, Calif., Jan. 15, 2025 /PRNewswire/ — Verkada,
Boudewijn Pesch, Vice President of Japan and Asia-Pacific Channel Sales at Verkada

“Boudewijn’s extensive experience and proven track record in the JAPAC region make him the ideal leader to further our mission of delivering integrated, privacy-respecting security solutions at scale,” said Eric Salava, Chief Revenue Officer at Verkada. “His leadership will accelerate our efforts to strengthen channel relationships and bring our cutting-edge technology to even more organizations across JAPAC.”

Pesch joins Verkada with over 30 years of experience in sales and regional leadership roles. Most recently, he served as Vice President of APAC at Axis Communications, where he rebuilt the company’s APAC organization to better serve partners and customers. Throughout his career, Pesch has demonstrated a commitment to driving growth through collaboration and building long-term partnerships in the region.

“I am honored to join Verkada and contribute to its growth in the JAPAC market,” said Boudewijn Pesch, Vice President of JAPAC Channel Sales at Verkada. “Verkada’s innovative approach to physical security and business analytics, combined with its dedication to privacy, presents a unique opportunity to transform how organizations understand and protect their communities. I look forward to working with our partners to bring Verkada’s solutions to more customers across the region.”

Verkada’s commitment to the JAPAC region is evident through its growing customer base, which includes organizations such as City Beach, the Chiba Lotte Marines, Brighton Grammar School, and Sharp Fukuyama Laser. The company has also established partnerships with leading integrators and channel partners across the region, ensuring seamless implementation and support for its industry-leading solutions. Today, Verkada has more than 28,000 customers globally, serves 89 of the Fortune 500, and has 2,100+ employees across its 15 global offices. The company is valued at $3.5B and has raised $456.6M to date.

About Verkada
Designed with simplicity in mind, Verkada’s six product lines — video security cameras, access control, environmental sensors, alarms, workplace, and intercoms — provide unparalleled building security through an integrated, cloud-based software platform. Over 28,000 organizations across 85 countries worldwide, including 89 of the Fortune 500, trust Verkada as their physical security layer for easier management, intelligent control, and scalable deployments. For more information, please visit www.verkada.com.

Supermicro Empowers AI-driven Capabilities for Enterprise, Retail, and Edge Server Solutions

Retailers Can Leverage AI to Increase Revenue and Reduce Costs with Supermicro and NVIDIAs Collaboration

SAN JOSE, Calif. and NEW YORK, Jan. 15, 2025 /PRNewswire/ — National Retail Federation (NRF) — Supermicro, Inc. (SMCI), a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, is showcasing the latest solutions for the retail industry in collaboration with NVIDIA at the National Retail Federation (NRF) annual show. As generative AI (GenAI) grows in capability and becomes more easily accessible, retailers are leveraging NVIDIA NIM microservices, part of the NVIDIA AI Enterprise software platform, for a broad spectrum of applications.

Super Micro AI Solutions for Enterprise and Retail

“Supermicro’s innovative server, storage, and edge computing solutions improve retail operations, store security, and operational efficiency,” said Charles Liang, president and CEO of Supermicro. “At NRF, Supermicro is excited to introduce retailers to AI’s transformative potential and to revolutionize the customer’s experience. Our systems here will help resolve day-to-day concerns and elevate the overall buying experience.”

To learn more about Supermicro’s AI solutions for retail organizations, visit www.supermicro.com/RetailAI

Innovation in front-of-house and back-of-house use cases – such as personalized shopping experiences, automating logistical processes, and preventing shrinkage – enable retailers to attract customers to their establishments and improve their profitability.

Supermicro at NRF

Retail AI solutions like the ones mentioned above require specialized hardware to deliver optimal results. Supermicro offers the industry’s broadest portfolio of edge AI solutions, giving retail organizations the tools to optimize the ROI of their AI-based applications. By processing data directly where the customers are located, results are delivered with minimal latency, creating an exceptional user experience. At NRF, Supermicro is showing the latest systems designed to deliver high-end performance to retail locations:

  • SYS-112B-FWT: This 1U, short-depth system offers powerful edge compute, utilizing the latest Intel Xeon processors. Despite being less than 17″ in depth, it can hold NVIDIA L40S GPUs.
  • AS -1115S-FWTRT: Leveraging AMD’s EPYC series processors, this 1U, short-depth system offers customers flexibility in both core counts and GPU capability by having the capacity to hold a single double-width NVIDIA L40S GPU.
  • SYS-E403-14B: A compact server capable of delivering data center performance at remote and space-constrained locations. This compact system can accommodate 2 single-width or 1 double-width GPU cards, including the NVIDIA L40S or NVIDIA RTX 6000 Ada Generation GPU, in remote edge locations.
  • SYS-212B-FN2T: The 2U, short-depth edge AI system offers more features and capacity compared to the competition and supports multiple data streams or workloads. Optimized for inferencing at the edge, the SYS-212B-FN2T supports up to 2 double-width GPU or single-width GPUs, such as the NVIDIA L4 GPU.
  • SYS-222HE-TN: A 2U powerhouse, this dual-processor system features the latest Intel Xeon processors bringing data center power into a shorter-depth platform. With the ability to hold up to 3 NVIDIA L40S GPUs, it brings serious inferencing power to the customer.
  • AS -2115HE-FTNR: A uniprocessor, 2U system based on the latest AMD EPYC family. This system offers a maximum dual-width GPU density of 4 cards such as NVIDIA L40S GPUs.
  • SYS-322GA-NR: For the most demanding workloads, this powerful and versatile 3U edge AI platform offers 10 PCIe 5.0 x16 slots or 20 PCIe 5.0 x8 slots (in physical x16 slots). These slots can be fitted with up to 8 double-width GPU cards, such as NVIDIA’s H100 GPU leveraging NVIDIA NVLink. Alternatively, the system can be configured with 19 single-width GPU cards, such as NVIDIA’s low-profile or single-width product families, or combined with different add-on cards, such as graphics controllers, making this system ideal for environments including large control rooms.

An AI use case on display at the Supermicro booth is a customer service application built with the NVIDIA AI Blueprint for digital humans. It features James, a computer interface that mimics the experience of interacting with a real person. Digital humans are virtual avatars that look, act, and think like a human would. In retail, this technology can be deployed to provide customers with a personalized shopping experience, a shopping assistant, and a customer service representative all in one solution.

A second live demo is the NVIDIA AI Blueprint for retail shopping assistants, a generative AI reference workflow designed to transform shopping experiences online and in stores. The blueprint provides the technologies for building shopping assistants that can search for multiple items simultaneously, answer contextual questions like whether a product is waterproof, and visualize furniture in physically accurate scenes, such as a customer’s living room.

A third use case being demonstrated harnesses the NVIDIA AI Blueprint for video search and summarization to combat the growing issue of shrinkage. Shrinkage occurs when products leave a store and are not paid for. Loss due to shrinkage costs retailers an estimated $100+B annually in the US alone. By using AI-based solutions, retailers can interpret camera input in real time and identify mix-ups at the checkout as they occur, providing direct feedback to the retail store and the customer.

NRF visitors can find Supermicro at booth #3165. At the NRF 2025 Expo, January 12-14 in New York City, Supermicro and NVIDIA are collaborating to introduce retailers to AI’s transformative potential. For more information, visit https://nrfbigshow2025.smallworldlabs.com/co/super-micro-computer-inc

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions provider with server, AI, storage, IoT, switch systems, software, and support services. Supermicro’s motherboard, power, and chassis design expertise further enables our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Asia, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names, and trademarks are the property of their respective owners.

MEDIA ADVISORY: UN Global Compact Hosts Sessions at the SDG Tent in Davos to Drive Business Action on the Sustainable Development Goals

NEW YORK , Jan. 15, 2025 /PRNewswire/ —

WHAT:
The United Nations Global Compact invites media and stakeholders to join impactful and interactive discussions at the SDG Tent during the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. These sessions are designed to accelerate progress on the Sustainable Development Goals (SDGs) and inspire transformative business action.

The SDG Tent is an inclusive and collaborative community meeting point where no WEF badge is required to attend. Visitors can also enjoy a warm beverage and snacks in the café.

WHEN:
21–22 January 2025

WHERE:
SDG Tent @ Hotel National
Obere Strasse 31, 7270 Davos Platz

Conveniently located a 7-minute walk from the Davos Platz train station and an 18-minute walk from the WEF Congress Centre.

FEATURED UN GLOBAL COMPACT SESSIONS

Investments in Technology and Innovation: Leading on Responsible Business for People and Planet
Date
: 21 January 2025
Time: 7:00 – 8:30 CET
This exclusive executive breakfast will explore the role of innovation and technology, including AI, in driving sustainability and inclusivity. The session will feature three fireside chats highlighting:

  • Real-world examples of linking gender equality and innovation.
  • AI’s role in enabling a sustainable transition, focusing on finance, climate, and nature.
  • Opportunities for inclusive economic growth in technology and innovation.

Leadership Dialogues Luncheon: 2025 Roadmap for Policy Advocacy
Date
: 21 January 2025
Time: 11:30 – 13:30 CET
This high-level luncheon will convene the UN Secretary-General, the UN Global Compact Board, and engaged CEOs to discuss the 2025 policy advocacy roadmap. Topics will include positioning CEO voices for policy enablers and key global transitions, with outcomes feeding into the Global Compact’s 25th anniversary, the World Social Summit, COP30, and Financing for Development.

Water Resilience Coalition CEO Circle
Date
: 21 January 2025
Time: 14:00 – 16:00 CET
This invitation-only event will focus on the “Transformative Role of AI for Water Resilience,” featuring discussions on innovative AI applications, mitigating risks, and enhancing water resilience.

From Silos to Synergy: Procurement’s Role in Advancing the SDGs
Date
: 22 January 2025
Time: 7:00 – 8:30 CET
This dynamic panel will examine sustainable procurement as a driver of the SDGs, with bold strategies for empowering women- and youth-led enterprises, leveraging AI for decision-making, and reshaping industries. The discussion will explore fast-tracking procurement to deliver profitability and sustainability.

MEDIA OPPORTUNITIES:

  • Access to high-level discussions and thought leaders.
  • Interview opportunities with UN Global Compact leadership, including Sanda Ojiambo.
  • Press materials and key reports on advancing the SDGs.

ADDITIONAL INFORMATION:
For more details and a complete listing of all sessions at the SDG Tent, please visit: https://events.unglobalcompact.org/WEF25

Notes to Editors

About the UN Global Compact
The ambition of the UN Global Compact is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change. With more than 20,000 participating companies, 5 Regional Hubs, 63 Country Networks covering 80 countries and 13 Country Managers establishing Networks in 18 other countries, the UN Global Compact is the world’s largest corporate sustainability initiative — one Global Compact uniting business for a better world.

WiMi Develops a Hybrid CPU-FPGA Quantum AI Simulator

BEIJING, Jan. 15, 2025 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WiMi) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced the development of a hybrid CPU-FPGA quantum AI simulator. The development of the quantum AI simulator aims to simulate the behavior of quantum computers, enabling testing and optimization of quantum algorithms on existing classical computers. Traditional simulators are often limited by the computational power of the CPU, making it difficult to handle large-scale quantum systems. To overcome this limitation, WiMi has adopted a hybrid CPU-FPGA approach, combining the versatility of the central processing unit (CPU) with the parallel processing capabilities of the field-programmable gate array (FPGA).

The core technical framework of WiMi’s CPU-FPGA architecture simulator consists of two main components:

CPU part: Responsible for handling the high-level logic and complex algorithmic tasks of the simulator. The powerful computational capabilities of the CPU enable the simulator to execute complex quantum algorithms and machine learning models.

FPGA part: Specifically designed for executing parallel computing tasks such as simulating quantum states and performing quantum gate operations. The parallel processing capabilities of the FPGA significantly enhance the computational speed of the simulator while reducing power consumption.

The WiMi CPU-FPGA hybrid quantum AI simulator utilizes the parallel processing capabilities and programmability of FPGA to execute specific quantum computing tasks. FPGA (Field-Programmable Gate Array) is a hardware device that can be programmed to perform specific tasks, enabling custom parallel computing operations, which is particularly important in handling quantum algorithms. By integrating FPGA into the simulator, the simulation speed of quantum algorithms can be significantly enhanced, while reducing power consumption.

Another key aspect of the WiMi hybrid CPU-FPGA approach is the implementation of software-hardware co-design optimization. At the software level, a dedicated simulator framework has been developed, which efficiently manages quantum states and performs quantum gate operations. This framework is tightly integrated with the hardware layer, ensuring efficient execution of algorithms. At the hardware level, the CPU and FPGA are closely interconnected through high-speed interfaces, enabling seamless collaboration between the two to accomplish complex computational tasks.

Furthermore, this technical approach also involves a deep understanding of existing quantum computing and AI technologies. The quantum AI simulator is not just a simple simulation tool; it must be able to adapt to evolving quantum algorithms and AI models. Therefore, the design of the simulator needs to have sufficient flexibility and scalability to support future technology upgrades and the development of new algorithms.

WiMi hybrid CPU-FPGA quantum AI simulator technology framework:

Hardware layer: The simulator employs high-performance CPUs and customized FPGA chips, which are tightly interconnected through high-speed interfaces.

Software layer: A dedicated software framework has been developed to support the simulation of quantum algorithms and the training of AI models. The software framework includes quantum state management, quantum gate operations, and machine learning algorithm libraries.

Interface layer: Compatibility with existing quantum computing software and AI platforms is provided, ensuring that the simulator can seamlessly integrate into existing research and development workflows.

The technical logic of WiMi’s hybrid CPU-FPGA quantum AI simulator is a complex process that involves multiple dimensions and levels. It encompasses aspects such as hardware architecture selection, software-hardware co-optimization, technical compatibility, and meeting practical application requirements. The implementation of this technical logic not only drives technological advancements in the fields of quantum computing and artificial intelligence but also provides new possibilities for future computing technology development.

WiMi has developed a powerful tool in the form of a hybrid CPU-FPGA quantum AI simulator, which is available to businesses and research institutions for exploring the potential of quantum algorithms and developing new AI applications. With the continuous advancement of quantum computing technology, this type of simulator is expected to play a crucial role in future quantum computing and AI research. Through the hybrid CPU-FPGA approach, WiMi is driving the development of quantum AI simulation technology and opening up new avenues for the integration of quantum computing and artificial intelligence. The application of this innovative technology will accelerate the research on quantum algorithms and facilitate the fusion and progress of quantum computing and AI technologies.

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

Safe Harbor Statements

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

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

Cision Welcomes Guy Abramo as New Chief Executive Officer

CHICAGO, Jan. 15, 2025 /PRNewswire/ — Cision, a leader in consumer and media intelligence solutions, is pleased to announce the appointment of Guy Abramo as its new Chief Executive Officer, effective immediately.

Guy Abramo joins Cision as Chief Executive Officer

Guy brings more than 25 years of executive leadership experience, having driven growth and transformation across diverse industries. Most recently, Guy served as CEO of HireRight, where he led its IPO in 2021 and its take-private transaction in 2024. Prior to this, Guy held leadership roles at Experian, Ingram Micro, Exxon/Mobil, and KPMG Consulting, earning a reputation for innovation and operational excellence.

“Guy’s leadership and ability to deliver results make him the ideal choice to lead Cision into its next chapter,” said Brandon Crawley, Managing Director at Platinum Equity, which acquired Cision in 2021. “We are confident that under his guidance, Cision will continue to strengthen its position as a trusted partner to our customers while driving growth and innovation.”

Guy holds a Bachelor’s degree in Chemical Engineering from NJIT and an MBA from Georgetown University. Based in Las Vegas, he is eager to engage with Cision’s global team and customer base.

“Cision is a dynamic company with a strong legacy and an incredible future,” said Guy Abramo, Cision CEO. “I am honored to join this team and look forward to collaborating with employees, customers, and stakeholders to build on our momentum and achieve new milestones together.”

About Cision
Cision is a global leader in consumer and media intelligence, engagement, and communication solutions. We equip PR and corporate communications, marketing, and social media professionals with the tools they need to excel in today’s data-driven world. Our deep expertise, exclusive data partnerships, and award-winning products, including CisionOne, Brandwatch, and PR Newswire, enable over 75,000 companies and organizations, including 84% of the Fortune 500, to see and be seen, understand and be understood by the audiences that matter most to them.

Contact Information:
For media inquiries, please contact:
Cision Public Relations
CisionPR@cision.com