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Delta Intelligent Building Technologies (Canada) Inc. Applauded by Frost & Sullivan for Improving Building Performance and Offering Customer Value in the Buildings Automated Industry

Delta Intelligent Building Technologies (Canada) Inc. controls and automation solutions reduces energy consumption and operational costs to improve efficiency, minimize environmental impact, promote automated control, and enhance overall building performance and user experience.

SAN ANTONIO, Jan. 27, 2025 /PRNewswire/ — Frost & Sullivan researched the building automation systems industry and, based on its findings, recognizes Delta Intelligent Building Technologies (Canada) Inc. (also known and henceforth referred to as Delta IBT) with the 2024 North American Customer Value Leadership Award. The company is a global BAS market leader, boasting over 300 distributors and thousands of installations across 80 countries. After Delta Electronics acquired the company in 2016, Delta IBT has continued to thrive by providing state-of-the-art hardware and software solutions tailored to customers’ unique needs. Its North American facility offers comprehensive support while overseeing research and development (R&D) and manufacturing operations. Throughout its efforts, Delta IBT and its extensive partnership network uphold the core value of “do it right.” Its strategic approach prioritizes customer value, leveraging its extensive expertise and top-tier capabilities. This focus enables the company to consistently deliver best-in-class solutions and services.

Delta IBT’s innovative O3 product line, which includes the Delta Controls O3 Sense and O3 Edge, is a remarkable sensor hub with a wide range of applications. The O3 sensors connect wirelessly to customers’ devices and provide outstanding environmental monitoring. By incorporating multiple functionalities into a single unit, these sensors allow for customizable monitoring and data-driven insights essential for effectively managing building environments. The O3 sensors enable occupancy detection through passive infrared and audio, infrared temperature measurement, humidity sensing, temperature tracking, audio output, light color and intensity adjustments, a light-emitting diode (LED) ring, and enOcean wireless technology. They also feature an infrared blaster and wireless connectivity. The devices’ dual-port Ethernet ensures straightforward installation and fast data transfer, granting building managers access to critical information at any time and location. Compatible with a wide range of devices, the sensors fit seamlessly into nearly any Building Automation and Control Networks (BACnet) Internet Protocol setup. With audible alerts and an LED ring, users receive immediate feedback on environmental changes.

Dennis Marcell Victor, senior industry analyst at Frost & Sullivan, observed, “Delta IBT’s Delta Controls products deliver advanced cloud-based solutions that enable customers to monitor, control, and analyze their systems remotely, offering flexibility and scalability. The company’s systems integrate seamlessly with various building technologies, including IoT devices, energy management, and security systems. Additionally, Delta Controls products feature AI-powered energy optimization capabilities in its building management system, driving innovation and sustainability.”

Delta IBT’s Red5, a series of Delta Controls BACnet-native controllers, offers secure and scalable IoT connectivity. It offers enhanced capabilities, including improved processing speeds, increased memory capacity, and modular Input/Output (I/O) systems, along with various retrofit options. Red5 facilitates room-level integration through built-in I/O at the equipment level, enhancing modularity and flexibility. As a result, Delta IBT  empowers customers to continuously upgrade their building control systems with the latest technological advancements. The company’s Connect workshops optimize workflows, bringing together partners, system integrators, and customers, including both seasoned users of Delta Controls products and newcomers, too. Experienced participants share valuable ideas, tools, and databases to enhance efficiency, while new partners contribute fresh perspectives and innovative approaches based on their experiences with other products. This exchange of ideas improves profitability and benefits all stakeholders. Given today’s landscape, Delta IBT is well-positioned to lead the building automation systems industry into its next growth phase and increase its market share in the highly competitive BAS industry. The organization’s transparent approach and strong relationships establish it as a preferred partner.

“Delta IBT leverages the resources of its parent company and prioritizes innovation to stay ahead of its competitors. The company strives to achieve operational efficiency following a process-oriented approach, making continuous changes to achieve better outcomes. This overall customer-first approach not only provides great value to both existing and new customers but also strengthens Delta IBT reputation in the market,” added Riana Barnard, best practices research analyst at Frost & Sullivan. With its strong overall performance, Delta IBT earns Frost & Sullivan’s 2024 North America Customer Value Leadership Award in the building automation systems industry.

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. The award recognizes the company’s unique focus on augmenting the value that its customers receive, beyond simply good customer service, leading to improved customer retention and customer base expansion.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.Contact us: Start the discussion.

Contact:
Ashley Shreve
E: ashley.shreve@frost.com

About Delta Intelligent Building Technologies (Canada) Inc.

Delta Intelligent Building Technologies (Delta IBT) stands at the forefront of building automation, proudly leveraging the collective strength of Delta Electronics’ esteemed brands. Our mission: is to unify and enhance building environments with customizable solutions that promote sustainability, energy efficiency, and smart functionality.

We offer a comprehensive suite of services designed to meet the diverse industry and vertical needs, including commercial buildings, educational institutions, healthcare facilities, and more:

  • Lighting Control: Intelligent lighting solutions that optimize energy usage and enhance occupant comfort and productivity
  • Architectural Performance-grade Lighting: Award-winning interior and exterior lighting delivering striking aesthetics and superior performance
  • Intelligent Room Control: Advanced systems allowing for seamless management of HVAC, lighting, and other systems, ensuring optimal occupant conditions.
  • Energy Management: Solutions that monitor and manage energy consumption, providing actionable insights to reduce costs and improve sustainability.
  • Building Management Systems: Integrated platforms that facilitate the centralized control of various building systems for improved operational efficiency.
  • Security and Access Control: Robust solutions to ensure the safety and security of building occupants and assets.
  • Data Analytics and Reporting: Tools that provide insights into building performance, enabling informed decision-making and continuous improvement.

By integrating these innovative technologies, we empower organizations to create smarter, more efficient spaces for a greener future. Our commitment to excellence and continuous improvement drives us to stay ahead of industry trends, ensuring our clients benefit from the latest advancements in building automation.

Delta Intelligent Building Technologies (Canada) Inc. Applauded by Frost & Sullivan for Delivering Flexible, Secure, and Interoperable Smart Building Solutions for Modern Building Automation

The enhanced processing speed, greater memory, and increased modularity of inputs/outputs of Delta Intelligent Building Technologies (Canada) Inc.’ Smart Building Solutions enable clients to deploy future-ready systems that fit seamlessly within existing infrastructures.

SAN ANTONIO, Jan. 27, 2025 /PRNewswire/ — Frost & Sullivan recently researched the integrated smart buildings solutions industry and, based on its analysis, recognizes Delta Intelligent Building Technologies (Canada) Inc. (also known and henceforth referred to as Delta IBT) with the 2024 Global Enabling Technology Leadership Award. The company is a global leader in integrated smart building solutions, providing advanced technology that sets new benchmarks in flexibility, security, and interoperability. It proactively addresses industry-wide challenges by exploring artificial intelligence (AI) solutions, including the shortage of skilled engineers and rising labor costs. AI streamlines product development, installation processes, and facility management, offering efficiencies across Delta IBT’s operations. By leveraging AI, the company enhances its product offerings and prepares customers and partners for the next evolution in building automation, aligning with industry trends of improved efficiency. Delta Intelligent Building Technologies secured a leading position in the smart building sector by offering flexible solutions for diverse applications across industries, including healthcare, data centers, and life sciences. The company’s dedication to consistent, high-performance innovation established it as a trusted leader in the smart building industry.

Delta IBT’s Red5 product line, a Delta Controls next-generation Building Automation and Control Network (BACnet) controller series, offers secure and scalable Internet of Things connectivity designed to meet modern building automation demands. The series features enhanced processing speed, greater memory, and increased modularity of inputs/outputs, enabling clients to deploy future-ready systems that fit seamlessly within existing infrastructures. Additionally, Red5 minimizes costly overhauls by allowing the integration of new components. Incorporating Node-RED and Python programming enables highly customizable applications for various use cases, from heating, ventilation, and air conditioning control to advanced data center management. This technological flexibility is complemented further by Delta IBT pioneering role in the development of BACnet Secure Connect (BACnet/SC), an industry-leading communication protocol that ensures 128-bit encryption across all system levels. The Delta Controls Red5’s open protocol integration and BACnet/SC compatibility highlight the company’s commitment to cutting-edge systems, enabling clients to integrate various technologies and data sources into a unified network.

Dennis Marcell Victor, senior industry analyst at Frost & Sullivan, observed, “Delta IBT’s commitment to advanced security and seamless interoperability deliver significant value to its customers. The company enables clients to adapt their systems in response to evolving requirements by eliminating compatibility barriers. Through strategic R&D and proactive contributions to open standards, Delta IBT positions itself as an industry leader that addresses current market needs while paving the way for long-term resilience and growth.”

As the first company to implement BACnet/SC across its Delta Controls product architecture, Delta IBT clearly addresses the critical need for robust cybersecurity in interconnected environments. This innovation solidifies the company’s role as an industry innovator that prioritizes resilience and customer trust through secure and flexible technology. Its Delta Controls Red5 product line offers unparalleled flexibility to meet industry requirements with specific models like Red5-EDGE, which features enhanced processing power and security measures, and Red5-FIELD, a retrofit solution designed for easy integration with existing infrastructures. Red5-FIELD includes increased GCL+ programming space and a USB port for future enhancements, making it an ideal upgrade for complex automation environments that demand secure and reliable functionality. The O3 Sensor Hub, which uses infrared technology for precise temperature sensing, showcases the company’s attention to high-stakes applications like healthcare, where environmental control is essential for patient safety and regulatory compliance. Delta IBT regulatory alignment and industry-specific innovations affirm its leadership in transforming smart building technologies across sectors. By addressing the precise needs of various industries, the company sustains a cross-sector impact that positions it as a critical player in the evolution of smart building technologies.

“The organization’s dedication to research and development and pioneering contributions to open protocols distinguish it as a proactive innovator, fostering customer loyalty through cost-effective and resilient solutions. Through these efforts, Delta IBT sustains its position as a trusted partner, empowering clients to achieve long-term value and operational efficiency with future-ready systems. As the industry evolves, the company’s comprehensive approach solidifies its role in shaping the future of smart building technology globally,” added Ain Sarah Aishah, best practices research analyst at Frost & Sullivan. By combining agility with impactful partnerships, the company secures a robust framework for sustained market leadership globally, ensuring that its solutions remain relevant to evolving client needs. With its strong overall performance, Delta IBT earns the 2024 Frost & Sullivan Global Enabling Technology Leadership Award in the integrated smart building solutions industry.

Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products but also enables the development of new products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:

Ashley Shreve
E: ashley.shreve@frost.com

About Delta Intelligent Building Technologies (Canada) Inc.

Delta Intelligent Building Technologies (Delta IBT) stands at the forefront of building automation, proudly leveraging the collective strength of Delta Electronics’ esteemed brands. Our mission: is to unify and enhance building environments with customizable solutions that promote sustainability, energy efficiency, and smart functionality.

We offer a comprehensive suite of services designed to meet the diverse industry and vertical needs, including commercial buildings, educational institutions, healthcare facilities, and more:

  • Lighting Control: Intelligent lighting solutions that optimize energy usage and enhance occupant comfort and productivity
  • Architectural Performance-grade Lighting: Award-winning interior and exterior lighting delivering striking aesthetics and superior performance
  • Intelligent Room Control: Advanced systems allowing for seamless management of HVAC, lighting, and other systems, ensuring optimal occupant conditions.
  • Energy Management: Solutions that monitor and manage energy consumption, providing actionable insights to reduce costs and improve sustainability.
  • Building Management Systems: Integrated platforms that facilitate the centralized control of various building systems for improved operational efficiency.
  • Security and Access Control: Robust solutions to ensure the safety and security of building occupants and assets.
  • Data Analytics and Reporting: Tools that provide insights into building performance, enabling informed decision-making and continuous improvement.

By integrating these innovative technologies, we empower organizations to create smarter, more efficient spaces for a greener future. Our commitment to excellence and continuous improvement drives us to stay ahead of industry trends, ensuring our clients benefit from the latest advancements in building automation.

New report by Energy News Bulletin reveals strong support within the energy industry for Coalition’s nuclear plans

  • 78.5% of all respondents said they would like to see nuclear energy as part of Australia’s energy mix in the next 25yrs
  • 86.3% of all respondents cited the reliability of nuclear energy as a power source as the main benefit/opportunity of nuclear energy in Australia
  • 73.9% of all respondents cited public opinion as the main barriers to/challenges with nuclear energy in Australia

PERTH, Australia, Jan. 27, 2025 /PRNewswire/ — Despite the ongoing public debate kicked off by Coalition’s plans for a nuclear-powered Australia if elected in 2025’s general election, people working within the energy and resources sector are strongly in favour nuclear energy having a role in Australia’s future energy mix.

That’s according to a new survey by Energy News Bulletin – the APAC region’s most comprehensive source of daily energy news – who have surveyed their readers on attitudes towards nuclear power in Australia.

The headline finding in the Future of Energy: Nuclear power in Australia report is that more than three quarters (78.5%) want to see nuclear energy as part of the country’s before 2050 and just over two thirds (67%) see nuclear energy becoming a part of Australia’s energy mix in the next 25 years.

Russell Yeo, Energy News Bulletin’s managing editor, says those working within the energy resources sectors – some of the most engaged and informed people in the country on the issue of nuclear energy – have spoken clearly on their support for the divisive energy option.

“We compared these figures to the findings of similar, recently conducted surveys of the Australian population and found support for nuclear energy is higher in the energy sector.

“Polls varies but our figure of 78.5% is noticeably higher than 61% found in a recent Lowy Institute survey,” he said.

In the wake of Peter Dutton releasing the costings for his nuclear energy policy, the ENB survey found eight in ten think the Albanese government’s opposition to nuclear power in Australia is mainly ideological, against less than a fifth (15.8%) saying it’s an economic objection. Similarly, just over two thirds (70.8%) think the Australian general population’s opposition to nuclear power in Australia is mainly ideological.

“What’s clear through the public debate which has been happening since Dutton announced his plans in June 2024 is that peoples’ opinions are very entrenched on both sides of the argument.

“It’s going to be fascinating seeing how much of a political Sherrin this issue is in the run up to the general election,” added Yeo.

Notes to editors:

  • The full data set is available upon request

About Energy News Bulletin

Energy News Bulletin (ENB) is the Asia Pacific region’s most comprehensive source of daily energy news, providing unparalleled insight into the energy sector through expert commentary and researched features.

ENB ensures businesses have comprehensive global oil and gas industry news and information relevant to oil and gas explorers, producers, industry investors and suppliers.

ENB’s daily newsletter will keeps subscribers up-to-date with developments across all aspects of the industry.

ENB’s subscribers have access to breaking news and analysis of corporate and investment activity in the energy sector, combined with special research reports, print editions, multimedia and exclusive event coverage.

For both readers and advertisers, Energy News Bulletin is an essential resource for keeping abreast of oil and gas projects, new energy developments and supply opportunities.

ENB is published by Aspermont Limited, owner of a range of high-quality print and online products for the global resources sector – see www.aspermont.com for more details.

Advanced Instruments Releases the OsmoPRO® MAX Automated Osmometer to Enhance Clinical Lab Productivity

The OsmoPRO® MAX Automated Osmometer delivers the automation and data management capabilities required by modern clinical labs.

NORWOOD, Mass., Jan. 27, 2025 /PRNewswire/ — Advanced Instruments, the leading supplier in osmolality testing, announces the newest update to its clinical line of freezing point osmometers. The OsmoPRO® MAX is designed for clinical laboratories of all sizes seeking enhanced productivity through automation. The instrument uses innovative flow-through technology to eliminate manual pipetting and reduce the use of consumables, allowing testing to begin with the single push of a button.

OsmoPRO® MAX Automated Osmometer
OsmoPRO® MAX Automated Osmometer

The OsmoPRO MAX goes beyond providing accurate and precise test results to deliver a complete solution that simplifies the osmolality testing workflow. The instrument delivers increased efficiency through direct sampling from primary tubes without transfer to sample cups, automated barcode scanning to reduce transcription errors, and the capability to upload data to the AdvancedQC peer group program for Advanced Instruments’ Protinol® and Renol® matrix-based controls.

Like all Advanced Instruments osmometers, the OsmoPRO MAX uses the industry-preferred freezing point depression method to deliver reliable osmolality results in minutes. The instrument is automatically cleaned with system fluid after each test to minimize the need for user intervention. New samples can be loaded continuously as they arrive, eliminating the need for batch testing.

“The OsmoPRO MAX delivers the usability, automation, and data management features sought by today’s clinical laboratories,” said Byron Selman, CEO of Advanced Instruments. “Advanced Instruments continues to innovate in the field of osmometry while remaining committed to the product quality and reliability that customers have experienced with our osmometers for the past 70 years.”

About Advanced Instruments

Advanced Instruments, LLC, is a leading supplier of instrumentation for clinical, pharmaceutical, biotechnology, microbiology, and food laboratories around the world. Quality, reliability, service and support have been the company’s guiding principles since our founding in 1955. Our innovative application of technology helps healthcare organizations improve the quality of care and industrial companies enhance quality and productivity. For more information, please visit aicompanies.com.

Media Contact:

Jon Flasher, Clinical Product Manager

jon.flasher@aicompanies.com

Photo – https://laotiantimes.com/wp-content/uploads/2025/01/advanced_instruments_osmopromax.jpg
Logo – https://laotiantimes.com/wp-content/uploads/2025/01/advanced_instruments_logo.jpg 

CATL and DHL strengthen strategic partnership to facilitate sustainable logistics globally

NINGDE, China, Jan. 27, 2025 /PRNewswire/ — CATL and DHL Group, the world’s leading logistics company, have signed a strategic agreement to strengthen strategic partnership on the GHG emissions reduction of logistics parks, marking a key step of both parties’ commitments to facilitate sustainable logistics globally.

Libin Tan, co-president of sales and marketing of CATL (right), and Oscar de Bok, CEO, DHL Supply Chain (left) signed the strategic agreement
Libin Tan, co-president of sales and marketing of CATL (right), and Oscar de Bok, CEO, DHL Supply Chain (left) signed the strategic agreement

With the strategic agreement, CATL will provide advanced liquid cooling energy storage systems and energy management platforms to DHL’s logistics parks. By connecting to battery swapping and superfast charging systems, CATL’s comprehensive energy storage solution will help to enable the energy structure optimization across various DHL’s facilities with maximum utilization of green energy, aligned with DHL’s sustainability target to achieve net zero-emission logistics by 2050.

CATL will also explore the future of electric vehicles, battery recycling and end-of-life management, as well as pursuing innovations in the auto-mobility sector, supported by DHL’s global network of EV Centers of Excellence.

“By combining DHL’s extensive logistics and operational expertise, and CATL’s innovative green technology, we are joining forces to deliver the trailblazing sustainable logistics solution to the industry,” said Libin Tan, co-president of sales and marketing of CATL. “Our strengthened cooperation with DHL will not only contribute to achieving both parties’ sustainability targets, but also facilitate the world towards to a greener future.”

“We’re excited to start using CATL’s energy solutions in our logistics parks, while providing our logistics services to CATL. This solution really highlights the great partnership and innovative spirit between our teams. It’s a perfect example of how we’re working together to achieve our shared goal of sustainability,” said Oscar de Bok, CEO of DHL Supply Chain.

The framework agreement marks the implementation and strengthening of an MOU signed between the two parties last year, which outlined global cooperation in carbon neutral facilities and the electrification of DHL’s fleet of pick-up and delivery.

To better support CATL’s goal to make high-quality technology accessible across the globe, DHL has been chosen as CATL’s preferred logistics service provider due to the establishment of a global network of EV Centers of Excellence, facilitating the deployment of integrated logistics solutions.

 

WiMi Announces the Launch of AI Applications Based on the AI Open-Source Model DeepSeek

BEIJING, Jan. 27, 2025 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WiMi) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that they are developing a series of innovative AI applications based on the advanced AI open-source model DeepSeek. This move marks WiMi’s deep strategic investment and active exploration in the field of artificial intelligence, aiming to integrate DeepSeek’s powerful capabilities to provide users with a more intelligent and personalized service experience.

DeepSeek, a rising star in the AI field, has gained widespread attention for its exceptional technical strength and outstanding application performance. Its latest models, DeepSeek-R1 and DeepSeek-V3, have achieved or surpassed international leading levels in several key tasks, particularly demonstrating strong competitiveness in areas such as mathematics, code generation, and natural language reasoning. DeepSeek’s open-source strategy and permissive licensing policy provide unlimited innovation space and collaboration opportunities for developers worldwide.

WiMi’s decision to develop AI applications based on DeepSeek stems from its recognition of DeepSeek’s unique technological advantages and broad application prospects. By deeply integrating DeepSeek’s API interfaces and related algorithms, WiMi will be able to easily implement a variety of functions, including natural language processing, code generation, and mathematical reasoning, and incorporate these into its own products to provide users with a more intelligent and convenient service experience.

WiMi plans to develop AI applications that will cover multiple sectors of its industry applications. These applications will fully leverage the powerful capabilities of DeepSeek to achieve functions such as natural language understanding, text generation, and code autocompletion, helping users improve work efficiency and reduce costs.

In addition, WiMi will develop intelligent programming tools based on DeepSeek to provide programmers with a more intelligent and efficient coding experience. This tool will be able to automatically complete code, analyze code quality, offer optimization suggestions, and more, helping programmers write code more efficiently and improve code quality.

In the future, WiMi will continue to increase its investment and research efforts in the field of artificial intelligence, continuously exploring and innovating to provide users with smarter and more personalized service experiences. At the same time, WiMi will maintain close cooperation with outstanding AI companies to jointly promote the widespread adoption and application of artificial intelligence technologies, contributing to the prosperous development of the industry.

As WiMi continues to advance the development of AI applications based on DeepSeek, we believe that in the near future, we will witness the emergence of more intelligent and convenient services, bringing greater convenience and surprises to people’s lives and work.

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.

cidaas Applauded by Frost & Sullivan for Its Scalable, Secure, and Comprehensive CIAM Solution

cidaas consistently introduces cutting-edge features to enhance its platform, ensuring alignment with its long-term strategy while addressing evolving industry needs.

SAN ANTONIO, Jan. 27, 2025 /PRNewswire/ — Frost & Sullivan recently researched the cloud consumer identity and access management (CIAM) industry and, based on its analysis, recognizes cidaas with the 2024 European Company of the Year award. The company is one of the newer entrants in the consumer identity and access management (CIAM) market. The company started by offering its cloud-based, API-centric solution in the DACH region; it has since expanded to establish a presence across Europe. Although it competes globally, it will continue to focus and build on its strong European position. Its success in this region is based on its deep understanding of the CIAM market in Europe and requirements across industry verticals and business segments. As a local provider, its solution ensures GDPR compliance and meets consumer data privacy and security expectations.

cidaas has built on its foundation in CIAM and expanded its portfolio with complementary solutions, such as the cidaas ID validator (a fully automatic digital identity verification solution) and workforce IAM. Based on the standards OAuth2.0, OpenID, and “Everything is an API” architecture, cidaas supports seamless integration and easy scalability to accommodate millions of users. The vendor’s ability to scale and offer out-of-the-box capabilities that easily integrate into a workflow allows it to cater to very large and medium-sized firms. The cidaas leadership team maintains a very strong focus on innovation and developing features that fit its long-term plan for the company. Its team size, which increased to 150 employees in 2024 from 35 in 2016, largely comprises technical talent. Meanwhile, its inbound approach to sales and marketing enables it to focus on customer engagement. cidaas helps companies achieve higher conversion rates and significantly reduces registration drop-offs it’s with seamless onboarding and intuitive authentication processes. Companies achieve faster time to market with its end-to-end capabilities and ease of implementation.

Deepali Sathe, senior industry analyst at Frost & Sullivan, observed, “In an industry where many competitors have opted for rapid expansion over profitability, cidaas’s commitment to its long-term vision and steady growth is commendable. It has achieved a balance between growth, innovation, and relevance to the industry that will ensure a sustainable competitive advantage.”

cidaas’s microservices architecture and big data platform present an extremely flexible option that is also easy to integrate with the existing identity stack. Its scalability enables better management during peak periods of activity, such as holidays, product launches, and live games or events. With advanced authentication methods (such as passkeys) and a commitment to constantly invest in innovation, cidaas offers a CIAM option that aligns with its clients’ digital transformation initiatives. The value proposition of cidaas’s comprehensive CIAM solution resonates with clients because it provides personalized UX, fraud prevention, flexible and scalable modern capabilities, ease of integration, enabling vendor consolidation. It supports clients with timely sales responses, comprehensive training before implementation, help desks, dedicated account managers, and continuous engagement. cidaas has held a growth rate of nearly 100% year-on-year over the last 3 years, which it is poised to maintain due to its presence across all business segments and multiple verticals, entry into new geographic markets, and numerous new features.

“cidaas has emerged as a trusted and reliable partner for more than 250 customers and now manages over a billion identities in an extremely competitive CIAM market. It has been able to achieve a 100% customer retention rate, reflecting the success of its policy of regular updates, proactive communication, and personalized support,” added Deepali. With its strong overall performance, cidaas earns Frost & Sullivan’s 2024 European Company of the Year award in the Cloud CIAM industry.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:

Ashley Shreve
E: ashley.shreve@frost.com

Moomoo’s Inaugural North America 2024 Investor Survey: A steady climb in the 2024 markets boosted investor confidence; Canada investors more concerned about tax and currency volatility

JERSEY CITY, N.J., Jan. 27, 2025 /PRNewswire/ — Moomoo, one of the world’s leading investment and trading platforms has recently completed its first North American user survey, revealing that the steady climb in the 2024 markets has significantly bolstered investor confidence. Moomoo users in both the US and Canada report to have traded more often in 2024 than in 2023 and the number of users reporting positive returns also grew. Looking forward to 2025, most investors still expect that tech stocks to lead the way despite a recent slowdown in their market leadership.

Moomoo's Inaugural North America 2024 Investor Survey shows a steady climb in the 2024 markets boosted investor confidence
Moomoo’s Inaugural North America 2024 Investor Survey shows a steady climb in the 2024 markets boosted investor confidence

 

With the US market near all-time highs, overall investors are less worried about inflation and the economy and have slightly tempered their bullish views on markets due to higher valuations. Support from the Fed in the form of interest rate cuts is expected by surveyed users, but not at the pace of 2024. Moomoo’s users in Canada are generally aware of and increasingly well prepared to face the unique investing challenges around taxes, exchange rates and central bank policy.

As the markets notched a second consecutive year of over 20% price appreciation with stronger-than-expected economic and earnings growth and interest cuts by the Federal Reserve, 75% of moomoo users report to have traded more than they did in 2023 as investors look at the stock market more positively and confidently. However, the forward-looking perspective is not as rosy as last year as 42% of surveyed users are bullish for 2025 compared to 45% at the beginning of 2024. Higher valuations may be one of the reasons for the more neutral outlook from survey participants. 64% of user said the stocks at the center of the AI revolution are overvalued compared with 54% a year ago.

“While many investors took charge of their trading and rode the market highs in 2024, they expect technology stocks to overperform the rest of the market with some caution of its overvaluation,” said Justin Zacks, Vice President of Strategy, Moomoo Technologies Inc. That explains why 85% of users added money to their moomoo trading accounts in 2024. Also, two thirds of users who added money to their account did so three or more times in 2024.

Moomoo’s US CEO Neil McDonald added, “We learned that 31% of our users are very confident in meeting their investment goals compared to 26% a year earlier. However, in 2025, while the general economic picture matters to moomoo investors, inflation worries eased, but a softening job market might lead investors into a cautious positive sentiment.”

For moomoo Canadian users, 87% of them consider taxes to be a very or somewhat important part of their investment strategy and 88% of Canadian users are either very or somewhat concerned about the impact of currency exchange rates on their US investments.

“As the Canadian dollar ended the year at its weakest level against the US dollar since 2002, potential changes in tariffs in 2025 may cause further currency volatility,” said Michael Arbus, CEO at Moomoo Financial Canada. “Moomoo Canada users who trade US stocks, options and ETFs will take the currency factor into majority of their investment approach.”

About the Survey

The survey included approximately 1200 registered moomoo users in North America (1000 U.S. users, 200 Canada users) from Dec.23 to Dec. 28, 2024. The data shown in the survey represents the opinion of those surveyed and may change based on the market and other conditions. The survey results provided herein may not represent other customers’ experience, and there is no guarantee of future performance or success and should also not be construed as investment advice. Experiences may differ than the ones represented here. Investing involves risks regardless of the strategy selected.

This whitepaper is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Past investment performance does not indicate or guarantee future success. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions.

We do not provide tax advice and any tax-related information provided is general in nature and should not be considered tax advice. Consult a tax professional regarding your specific tax situation.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.

About moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, Moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, Moomoo operates globally, serving investors in countries such as the US, Singapore, Australia, Japan, Canada and Malaysia. As a subsidiary of a Nasdaq-listed company, we take pride in our role as a global strategic partner of the Nasdaq, earning numerous international accolades from renowned industry leaders such as Benzinga and Fintech Breakthrough. Moomoo has also received multiple awards in the US, Singapore, and Australia for its cutting edge, inclusive approach to investing.

For more information, please visit moomoo‘s official website at www.moomoo.com