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Cellid Announces the Release of “Cellid Precision Fit Lenses” for Next Generation AR Glasses with Diopter Correction

TOKYO, April 7, 2025 /PRNewswire/ — Cellid Inc., a leading developer of AR display technology and spatial recognition engines, today announced the launch of “Cellid Precision Fit Lenses,” a new lens that meets the need for diopter correction functionality as the AR glasses market grows. These innovative lenses seamlessly integrate diopter correction with advanced light field control1, enhancing visual clarity and overall usability. By significantly improving image quality and comfort, Cellid Precision Fit Lenses mark a major step forward in making AR glasses more accessible and practical for everyday use.

It is estimated that more than half of the world’s population wear glasses2, and the ability to correct vision when using AR glasses is a key factor in their widespread adoption. Leveraging its proprietary optical simulation and production technologies, Cellid developed AR glasses lenses (waveguide method) that are as thin and light as ordinary glasses lenses while providing clear images. In response to customer requests and potential needs, Cellid has now engineered “Cellid Precision Fit Lenses” with a vision correction function that responds to customer requests and potential needs.

Figure 1: How the real world looks with diopter correction  Figure 2: How ride-field controlled AR images look
Figure 1: How the real world looks with diopter correction Figure 2: How ride-field controlled AR images look

Key features of Cellid Precision Fit Lenses

  • Diopter correction function: Diopter adjustment allows you to see objects in the real world clearly for a more comfortable and immersive AR experience.
  • Light field control function: Optimizes image clarity by dynamically adjusting the optical distance of AR images across usage scenarios
  • Ease of mounting on AR glasses: Particularly when paired with Cellid’s full-lamination AR glasses lenses, these lenses can be easily fitted to AR glasses at conventional optical shops.

The Light Field Control function allows the user to fine-tune the viewing distance of the AR image by selecting the appropriate lens to be worn. For example, in a worksite environment, if users need to perform close-range work while referring to AR image manuals or work videos, they can wear Cellid Precision Fit Lenses optimized for their specific working distance, ensuring that AR visuals align seamlessly with their real-world tasks. This customization enhances clarity, precision, and overall comfort, providing a comfortable AR-assisted work experience.

Technical issues in development and future development

The main components of AR glasses—the lens (waveguide) and the diopter correction lens—have a structural contradiction, as the former is flat while the latter is curved. Additionally, several challenges must be addressed to make diopter correction lenses suitable for AR glasses practical, such as the increased edge thickness when conventional spherical lenses are designed to meet required strength standards.

Cellid has developed its proprietary SCL technology (Small base Curved Lens technology) to address these issues, leading to the commercialization of Cellid Precision Fit Lenses. The company continues to refine its design and manufacturing processes and plans to begin providing samples of an improved, thinner model in late April this year.

Comments from Satoshi Shiraga, CEO, Cellid

The new “Cellid Precision Fit Lenses” will significantly enhance the practicality of AR glasses, making immersive AR experiences more accessible for everyday use. We believe that by enabling a wide range of people to use AR glasses on a daily basis, their use will accelerate in diverse fields, regardless of industry, including manufacturing, education, retail, and entertainment. We will continue to contribute to the expansion of the AR market by leveraging our strengths in AR glasses design and manufacturing technologies centered on WaveGuide, as well as software technologies such as spatial recognition, while working with partners with whom we can grow together.”

About Cellid

Cellid specializes in the development of advanced AR glass display modules, focusing on waveguides and spatial recognition engines for next-generation devices. Leveraging unique optical simulation and proprietary production technologies, Cellid has developed display modules as thin and lightweight as standard eyeglass lenses, delivering clear images and one of the world’s largest fields of view for waveguides. Additionally, Cellid offers industry-specific solutions powered by spatial recognition technologies such as Cellid SLAM. By integrating cutting-edge AR display hardware with real-world spatial recognition software, Cellid is driving the “Blending of Physical and Digital World,” making exceptional information tools more accessible, practical, and convenient for users worldwide.

1 Light Field Control Function: A function that adjusts the focus distance of the AR image plane by selecting and attaching a lens to the AR glasses that matches the desired distance, and matches it with the display distance, etc., using 3D parallax.

2 EyeWear Industry Statistics And Facts 2025, Overnight Glasses, February 18, 2025

 

AlgoLaser Unveils Pixi: Simplifying Smart Laser Engraving Like Never Before

LOS ANGELES, April 7, 2025 /PRNewswire/ — AlgoLaser, a leader in laser engraving technology, is excited to announce the launch of Pixi, the newest member of its smart laser engraver lineup. After a year of dedicated research and development, along with at least three rounds of Product Validation Testing (PVT), Pixi delivers an exceptionally user-friendly engraving experience. It is designed for both beginners and professionals—all at an affordable price.

AlgoLaser Unveils Pixi: Simplifying Smart Laser Engraving Like Never Before
AlgoLaser Unveils Pixi: Simplifying Smart Laser Engraving Like Never Before

On April 7th, Pixi is available on www.algolaser.com at $229 (3W) / $299 (5W) / $369 (10W). Consumers who subscribe to our site before purchasing will receive 200 extra shopping points, double order points, and a free protective glass. Consumers who share their order will receive a free AlgoLaser ARR roller (worth $49) for cylinder engraving, and those who leave a review will receive a free aluminum set (worth $39).

1.  Draw & Engrave: Creativity at Your Fingertips

Powered by the latest AlgoOS, Pixi introduces AlgoSketch, a brand-new feature that allows users to draw or write directly on its screen and engrave their creations instantly. A stylus pen is included to ensure a smooth and precise drawing experience.

2.  Type & Engrave: Personalization Made Easy

With AlgoType, Pixi enables users to type directly on its screen and engrave text in just a few taps. Offering two font options and adjustable sizes, it’s perfect for personalizing gifts or marking belongings with names, messages, or special quotes.

3.  Reverse Engraving: Break Free from Color Constraints

Pixi supports Reverse Engraving, an innovative technique that produces high-contrast, clear results by inverting the engraving colors. This expands creative possibilities across various materials, ensuring striking and professional-looking outcomes.

4.  Safety First: Protection You Can Trust

Equipped with a Class 1 laser system, Pixi meets the highest safety standards, making it suitable for any workspace. Additionally, the new lock screen feature replaces traditional physical child locks, preventing accidental use and ensuring peace of mind.

Designed with Users in Mind

From the very beginning, AlgoLaser involved users in Pixi’s development. Through a community vote, users selected its final color options—Passion Red and Deep Black—bringing their vision to life.

About AlgoLaser

Founded in 2022 by laser industry expert Justin Tan, AlgoLaser is dedicated to empowering individuals and small businesses with high-quality laser engraving solutions. The company now operates eight warehouses globally, serving over 100 countries with fast and reliable delivery.

ASUS “Design You Can Feel” Exhibition Opens at Milan Design Week 2025

MILAN, April 7, 2025 /PRNewswire/ — ASUS today announced the opening of its all-new “Design You Can Feel” exhibition at Milan Design Week 2025. The show explores the themes of materiality, craftsmanship, and artificial intelligence (AI) to explain the design thinking behind ASUS. Hosted at Galleria Meravigli, the exhibition runs from April 8–13 and is open daily from 10:00AM to 6:00PM.

Image credit: ASUS
Image credit: ASUS

An interactive sensory experience: “Willful Wonder”, a bespoke installation by Studio INI

A highlight of the exhibition is Studio INI’s bespoke installation titled “Willful Wonder,” designed by Nassia Inglessis. This interactive piece features wing-like panels composed of an aluminum honeycomb infused with ASUS’s proprietary material, Ceraluminum™. The panels respond dynamically to visitor presence, mimicking nature’s sensitivity and mirroring Zenbook‘s slim silhouette. Touching the wings feeds data into an AI model, creating visualizations of human interactions. “Willful Wonder” symbolizes the union of humans and technology, embodying ASUS’s commitment to AI, innovative design, and nature-inspired materials in crafting high-performing, lightweight, and beautiful devices.

ASUS Design Thinking: The Inside Story

The exhibition will showcase the latest ASUS products and the design stories behind them through playful interactive exhibits. It will encourage users to feel the lightness, duality, slimness, and sleekness of the ASUS Zenbook, the fragrance of the Adol, the outdoor functionality of ProArt, and the unique style of ROG. 

The exhibit delves into the heart of brand’s design philosophy and allows visitors to experience the company’s latest innovations firsthand. ASUS embraces a human-centered approach that prioritizes user needs and experiences. The designs are not only aesthetically pleasing but also intuitive, practical, and meaningful.

ASUS Zenbook Ceraluminum™ Signature Edition

ASUS is set to unveil a remarkable limited-edition series celebrating the iconic Zenbook line and its groundbreaking Ceraluminum™ material. This patented technology, created by ceramizing aluminum, boasts a fracture toughness three times higher than anodized aluminum while remaining remarkably lightweight, forms the chassis of the Zenbook S14, S16, and A14, showcasing innovation and engineering excellence. Each signature edition device is more than just a color variation—it is a testament to the commitment ASUS has to sustainability and innovative design. The release date for the Signature Edition collection is to be announced.

Learn more about ASUS Ceraluminum™ by watching The making of Ceraluminum™ videos and visiting the ASUS Zenbook website.

Design You Can Feel

Galleria Meravigli
Via Gaetano Negri 6, 20123 Milano, Italy
April 8 to 13, 2025
10:00AM to 6:00PM daily

Media Contact:
Joy Yu
Joy1_Yu@asus.com 

COPPER CHINA 2025 Returns to Shanghai: A Global Showcase of Copper Innovation and Industrial Synergy

SHANGHAI, April 7, 2025 /PRNewswire/ — As the global demand for copper surges across booming sectors like new energy, 5G communications, and electric vehicles, the material’s exceptional electrical and thermal conductivity, along with its superior workability, continues to unlock new possibilities in high-end manufacturing, electronics, and sustainable technologies. Against this backdrop, COPPER CHINA 2025 is set to return in full force from July 9–11, 2025 at Shanghai New International Expo Center.

Hosted as part of the Shanghai International Industrial Materials Exhibition, this year’s edition will feature a comprehensive showcase spanning the entire copper value chain. With cutting-edge technologies, premium products, and deep industry insights all under one roof, COPPER CHINA 2025 offers an all-in-one platform for business matchmaking, technical exchange, and market trend analysis.

A Synergistic Showcase: Copper + Aluminium + Magnesium

This year’s exhibition forms part of a powerful materials mega-event, held alongside the ALUMINIUM CHINA and the Asia Automotive Lightweight Exhibition—with a new magnesium materials zone joining for the first time. This strategic cross-material synergy will allow attendees to explore the distinct advantages and evolving applications of copper, aluminium, and magnesium in one integrated showcase.

Leading Industry Players, Cutting-Edge Solutions

Dozens of renowned domestic and international copper processing enterprises will converge at COPPER CHINA 2025, including Jintian Copper, GD Copper, Libo Industrial, Jinchuan Group, Xingye Shengtai, Chinalco Luoyang Copper Processing, Kaian New Materials, Five-Star Copper, Xinyue New Materials, and many more. Exhibits will cover a wide spectrum—from next-gen copper-based materials and semi-finished products to processing equipment and auxiliary technologies—serving a range of sectors including EVs, energy storage, electronics, HVAC, cabling, machinery, and transportation.

Forum Spotlight: Unlocking Copper’s Value in Emerging Industries

A series of high-level forums and technical seminars will run concurrently with the exhibition, headlined by the Copper-based New Materials Innovative Application Forum. Industry experts will delve into forward-looking topics including copper’s vital role in renewable energy, the EV revolution, and nanotechnology innovation. Key sessions will also explore copper’s recyclability within the circular economy, along with its novel applications in smart cities, 5G networks, advanced lightweighting, power transmission, healthcare, and green buildings.

Innovation in Focus: The Future of Copper Applications

Another highlight of this year’s event is the Nonferrous Metals Innovation Display Zone, where copper will shine as a driving force of materials science. Breakthrough exhibits include:

  • High-conductivity copper for robotics, tactile sensors, and electric motors
  • Flexible copper films for wearable devices and e-skin applications
  • Copper alloys enhancing millimeter-wave signal transmission
  • Copper cables powering wind, solar, and hydrogen energy infrastructure
  • Copper-oxide superconductors hinting at a future of long-distance, high-efficiency power transmission

Visitors will have the opportunity to experience firsthand how copper is accelerating transitions in energy, digital technology, and life sciences.

Business Matchmaking: Targeted Connections, Real Opportunities

To meet buyers’ sourcing needs, COPPER CHINA 2025 will offer a dedicated business matchmaking service. Prior to the event, organizers will gather procurement requirements from copper buyers and match them on-site with suitable suppliers. These one-on-one, curated meetings streamline deal-making, facilitate in-depth discussions, and maximize cooperation potential—turning every encounter into a win-win opportunity.

Backed by the global network of RX, COPPER CHINA 2025 will welcome international associations, delegations, and buyers, creating opportunities for global collaboration. With a focus on sharing the latest global trends and driving international business growth, the event facilitates industry innovation and sustainability.

Free visitor registration is in full swing now!   Secure your complimentary badge by registering through the official website https://reed.infosalons.com.cn/reg/CUC25/registeren/login before July 1, 2025.

We warmly invite all professionals across the copper value chain to join us in Shanghai this July—connect with industry leaders, discover the latest technologies, and co-create a brighter future for copper and the industries it empowers.

Together, let’s energize the high-quality, sustainable future of the copper industry.

Please visit our official website at https://www.copperexpo.com.cn/en-gb.html or LinkedIn @Copper China.

 

Rallying the World to Keep Up: Announcing New Advisors and Creators for the HKSTP I&T Powerhouse, Propelling Homegrown Startups Towards Global Success

New global thought leadership series spotlighting the HKSTP I&T powerhouse, uniting its soft power of visionaries to rally the world to keep up with Hong Kong’s innovation


HONG KONG SAR – Media OutReach Newswire – 7 April 2025 – HKSTP’s Keep Up global brand campaign has taken the world by storm, reaching over 19 million people across 240+ destinations worldwide since its launch in July 2024—a testament to its vision of going global.

Dr. Allan Zeman, Chairman of Lan Kwai Fong Group, and Amb. George Hara, Group Chairman and CEO of DEFTA Partners, have been appointed as Advisors of the HKSTP I&T Powerhouse. From left: Lester Chan, CEO, Aura Labs Limited; Kiki Zhang, CFO, FJ Dynamics; Hilton Law, CEO, Integrated Solutions; Sunny Chai, Chairman of HKSTP; Dr. Allan Zeman, Chairman, Lan Kwai Fong Group; Albert Wong, CEO, Hong Kong Science & Technology Parks Corporation; Jasmine Wong, Bachelor of Biomedical Science Student, The Chinese University of Hong Kong; Tom Edwards, Head of Radio, Monocle.
Dr. Allan Zeman, Chairman of Lan Kwai Fong Group, and Amb. George Hara, Group Chairman and CEO of DEFTA Partners, have been appointed as Advisors of the HKSTP I&T Powerhouse. From left: Lester Chan, CEO, Aura Labs Limited; Kiki Zhang, CFO, FJ Dynamics; Hilton Law, CEO, Integrated Solutions; Sunny Chai, Chairman of HKSTP; Dr. Allan Zeman, Chairman, Lan Kwai Fong Group; Albert Wong, CEO, Hong Kong Science & Technology Parks Corporation; Jasmine Wong, Bachelor of Biomedical Science Student, The Chinese University of Hong Kong; Tom Edwards, Head of Radio, Monocle.

The momentum continued with the launch of the HKSTP I&T Powerhouse at the Dawn of Visionaries event last Friday, signifying new hope and a new chapter. 150 visionaries gathered to celebrate success, reinforcing the soft power of HKSTP’s exceptional network of Advisors, Advocates, Alumni, Mentors, Partners, and Creators—the true essence that defines HKSTP. The HKSTP I&T Powerhouse will unite the visionaries to propel success, providing startups and entrepreneurs direct access to over 500 corporate partners and 1,000 investors worldwide.

Uniting Visionaries to Drive Global Innovation

At the event, Dr. Allan Zeman, Chairman of Lan Kwai Fong Group, and Amb. George Hara, Group Chairman and CEO of DEFTA Partners, have been appointed as Advisors of the HKSTP I&T Powerhouse. Meanwhile, internationally acclaimed photographer and artist Wing Shya has joined the network as Creator, further enriching HKSTP’s vibrant ecosystem.

Dr. Allan Zeman is a renowned entrepreneur with a global presence in hospitality and entertainment across Asia and beyond, he will bring invaluable expertise to HKSTP’s brand positioning and international expansion. Meanwhile, Amb. George Hara, a global leader in venture capital and entrepreneurship, will spearhead HKSTP’s investment strategies, which will be instrumental in driving startups towards global success.

Sunny Chai, Chairman of HKSTP, said “Innovation thrives when visionaries unite. The HKSTP I&T Powerhouse is more than a network—it’s a force of creativity, resilience, and collaboration, lighting the way to a future of limitless possibilities. Together, we turn challenges into opportunities and ideas into impact. Success is all about commitment and persistence—keep up with us, and together, we will make Kong Kong’s innovations shine on the global stage.”

Igniting Global Momentum: Hong Kong’s Innovation Story Told Across Borders

The Keep Up global brand campaign is on a mission to call on like-minded visionaries to stay ahead with HKSTP’s innovations and global impact. Spotlighting the global influence of the HKSTP I&T Powerhouse, HKSTP has launched a new global thought leadership series featuring its visionaries who are pioneering breakthroughs, challenging conventions, and pushing the boundaries of technology.

Hilda Chan, CMO of HKSTP, said, “We are rallying the world to keep up with our I&T Powerhouse. The latest global series brings together influential leaders in high-impact discussions that spark fresh perspectives and foster collaboration. We’re also fusing technology, art, and culture, using bold visual content to reimagine technology through an artistic lens and ignite cultural conversations that will shape the future.”

With the new Creators joining the network, HKSTP collaborates with Wing Shya and Hypebeast to reinterpret technology as artwork through a collection of emotional and abstract photographs. The vision is to inspire the global audience to view technology through a new lens —one that goes beyond just science and innovation.

Doubling down on global thought leadership, HKSTP partnered with The Economist to host a high-profile panel at the 5th Annual Technology for Change, highlighting Hong Kong’s commitment to talent, R&D expansion, and investment growth. Additionally, HKSTP joined forces with Monocle to host the HKSTP I&T Powerhouse Breakfast Club, bringing together 10 esteemed industry leaders. It also featured HKSTP Advisor on The Entrepreneurs, a bespoke radio programme hosted by Tom Edwards, Head of Radio, discussing how innovation and technology shapes Hong Kong’s modern identity.

HKSTP also rolled out the Keep Up with global platforms including Cathay Pacific, South China Morning Post Fortune, Bloomberg and BBC, reaching over 19 million global audience across 240+ destinations.

Hashtag: #HKSTP

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

About Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 as a thriving I&T ecosystem grooming 14 unicorns, more than 15,000 research professionals and over 2,200 technology companies from 26 countries and regions focused on developing Life and Health tech, AI and robotics, fintech and smart city technologies, etc.

The growing engine offers comprehensive support including R&D infrastructure, investment expertise, industry connections and more, in attracting and nurturing talent, accelerating ideation, and commercialising innovation for technology ventures, all with the I&T journey built around key locations across Hong Kong and branched towards Shenzhen to continuously contribute to the development of I&T making a pillar of growth for Hong Kong.

More information about HKSTP is available at .

NYSE Content Advisory: Pre-market update + Global markets respond to tariffs

NEW YORK, April 7, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

Pre-market update + Global markets respond to tariffs

Kristen Scholer delivers the pre-market update on April 7th

  • The S&P 500 is set to enter a bear market early Monday as global markets respond to last week’s tariff announcements that President Donald Trump said could take two years to benefit the manufacturing sector.
  • Federal Reserve Chair Jerome Powell said Friday that tariffs will aggravate inflation and drag down economic growth, but the economy was still strong overall.
  • Powell’s assertion came after a better-than-expected March jobs report showed 228,000 positions were added last month.

Watch NYSE TV Live every weekday 9:00-10:00am ET

Video – https://mma.prnasia.com/media2/2659060/NYSE_Market_Update_April_7th.mp4

Beijing Chaoyang Garden Festival Kicks Off in the Bustling City

Chaoyang, Beijing: Where Urban Vibrancy Meets Floral Splendor


BEIJING, CHINA – Media OutReach Newswire – 7 April 2025 – A floral symphony is unfolding across Chaoyang District, transforming this bustling hub into a vast garden, with every street corner adorned with floral displays. To celebrate this floral splendor, the district government has established a Garden City Demonstration Zone and launched the Chaoyang Garden Festival.

Chaoyang, Beijing: Where Urban Vibrancy Meets Floral Splendor
Chaoyang, Beijing: Where Urban Vibrancy Meets Floral Splendor

During this grand festival, parks across the district showcase their unique floral displays in different months, offering visitors a visual and spiritual feast. From the “Field of Flowers” season at the Olympic Green to the tulip festival at Chaoyang Park, from the crabapple blossom viewing season of Yuan Dynasty City Wall Relics Park, and the lotus festival at Honglingjin Park—throughout the year, flowers bloom in succession. This fusion of urban vibrancy and natural beauty creates an atmosphere where residents and visitors can enjoy the harmony of nature and culture, as well as the comfort of a refined lifestyle.

Themed “Beautiful Chaoyang: A Garden City,” this year’s Garden Festival features the brand “Yi Lu Xiang Yang” (literally “Growing Toward the Sun”), featuring a stylized Chinese character “花” (flower) in its logo, symbolizing the district’s growth toward sunlight.

In recent years, Chaoyang has been working to create an eco-friendly living quarter that blends parks, commerce, technology, and culture, enhancing residents’ quality of life. By the end of 2024, the district had opened 68 boundary-free parks, renovated 12 age-inclusive parks, and built 310 kilometers of greenways, laying the foundation for its garden city vision. This year, Chaoyang plans to further expand its parks, connect greenways, upgrade age-inclusive parks, and implement the “One Park, One Specialty Flower” and garden-esque block initiatives, striving to create a garden city that is surrounded by forests, dotted with parks, with blended scenes and colorful blossoms.

Covering an area of 470.8 square kilometers, Chaoyang is a vital window on Beijing’s international exchanges. It is home to nearly all foreign embassies in China, as well as 90% of foreign media outlets, 80% of international organizations and chambers of commerce, 70% of multinational corporations’ regional headquarters stationed in Beijing, and hosts over 50% of the city’s international conferences. Many expatriates from around the world live and work here.

As flowers bloom across Chaoyang, we invite you to explore the district with all its urban vibrancy and natural beauty.

Hashtag: #ChaoyangGardenFestival

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

Gorilla Technology Group Signs Strategic Partnership with Toyota Material Handling Solutions (Thailand) to Power Global Smart Warehousing Transformation

Bangkok, Thailand – Newsfile Corp. – April 7, 2025 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”) today, announced a landmark partnership with Toyota Material Handling Warehouse Solutions (Thailand), to co-develop intelligent warehouse automation technologies for Toyota’s global customers.

To view an enhanced version of this graphic, please visit:
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This collaboration brings together Gorilla’s AI Appliances, with Toyota’s unmatched reach and reputation in logistics and material handling. The two companies will work closely to design and roll out next-generation smart warehousing systems that solve real operational challenges – from incorrect part requisitions to warehouse inefficiencies and costly work delays, by making warehouse environments more intelligent, efficient and accurate.

“This is not just a product integration – it is a long-term strategic relationship,” said Jay Chandan, Chairman and CEO of Gorilla Technology Group. “Together with Toyota, we aim to bring transformative technology to warehouses around the world and unlock multi-year SaaS-based revenue opportunities by deploying Gorilla’s AI solutions at scale across Toyota’s customer network.”

To view an enhanced version of this graphic, please visit:
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The two companies will initially focus on launching the new system in Thailand with the intention to expand globally, supporting Toyota’s digital transformation ambitions and delivering measurable improvements in operational efficiency and customer satisfaction.

This partnership reinforces Gorilla’s mission to empower industries with intelligent infrastructure and to become a key enabler of digital transformation across logistics, warehousing and beyond.

About Gorilla Technology Group Inc.

Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.

Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

For more information, please visit our website: Gorilla-Technology.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Gorilla’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our ability to identify and agree to specific project scope, deployment strategies and operational frameworks with the Electricity Authority, along with those other risks described under the heading “Risk Factors” in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the “SEC”) on May 15, 2024 and those that are included in any of Gorilla’s future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Investor Relations Contact:

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

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