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MDJM LTD Announces Receipt of Nasdaq Suspension Determination and Plans to Request a Hearing before an Independent Nasdaq Hearings Panel

LETHAM, Scotland, March 19, 2026 /PRNewswire/ — MDJM LTD (Nasdaq: UOKA) (the “Company”), an integrated global culture innovation company, today announced that the Company received a staff determination letter (the “Letter”), on March 13, 2026, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that, as the Company’s securities had a closing bid price of $0.10 or less for 10 consecutive business days, its securities would be suspended effective with the open of trading on March 20, 2026. Because the Company effected a 1 for 25 reverse stock split on May 20, 2025,the Company is also subject to the provisions set forth in Nasdaq Listing Rule 5810(c)(3)(A)(iii) and Rule 5810(c)(3)(A)(iv). In addition, following the Nasdaq Listing Qualifications Panel’s decision dated November 19, 2025, the Company is subject to a Discretionary Panel Monitor under Nasdaq Listing Rule 5815(d)(4)(A) for a period of one year.

The Company intends to timely request a hearing before an independent Hearings Panel (the “Panel”). Notwithstanding, given that the Company traded below $0.10 for 10 consecutive business days, the hearing request will not stay the suspension of the Company’s securities. During the pendency of the hearing, the Company expects that its securities will be eligible to be traded on the OTC Markets under the same ticker symbol “UOKA.” There can be no assurance that the Panel will grant the Company’s request for continued listing or otherwise provide relief from the suspension determination, and the ultimate outcome of the hearing process remains uncertain.

The Company is currently considering all options available to regain compliance with Nasdaq’s listing requirements and return to good standing on Nasdaq, including a reverse stock split, which became effective on March 16, 2026, and will provide its shareholders with any material updates when they are available.

About MDJM LTD

MDJM LTD is a global culture innovation company focused on cultural IP development, animation production, international licensing, and cultural venue operations. The Company has been expanding its operations in the UK, where it is developing projects such as Fernie Castle in Scotland and the Robin Hill Property in England. These properties are being remodeled into multi-functional cultural venues that will feature fine dining, hospitality services, art exhibitions, and cultural exchange events. As part of its broader strategy, the Company is collaborating with select European animation studios to develop animated short films that blend Eastern themes with Western artistry. The Company aims to integrate Eastern philosophy with international artistic practices, creating a global cultural ecosystem built on storytelling and immersive experience. This initiative reflects the Company’s commitment to furthering its global market expansion and enhancing its cultural business footprint. For more information regarding the Company, please visit https://www.ir-uoka.com/.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s annual report on Form 20-F and its other filings with the U.S. Securities and Exchange Commission.

Investor Contact

Sherry Zheng
WAVECREST GROUP INC.
Phone: +1 718-213-7386
Email: sherry@wavecrestipo.com 

YY Group Announces Effective Date of Reverse Stock Split

SINGAPORE, March 19, 2026 /PRNewswire/ — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group” or the “Company”), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that its Board of Directors has resolved to effect a 50-for-1 reverse stock split of the Company’s Class A ordinary shares. YY Group’s Class A ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on March 23, 2026, under the existing ticker symbol “YYGH.” The new CUSIP number of the Company’s ordinary shares will be G9888Q111.

When the reverse stock split becomes effective, every Fifty (50) of the Company’s issued and outstanding Class A ordinary shares will be combined into one issued and outstanding Class A ordinary share, without any change to the no-par value per share. This will reduce the number of outstanding Class A ordinary shares from approximately 207.4 million shares to approximately 4.1 million shares. Immediately following the effective time of the reverse stock split, the Company’s Class A ordinary shares will have the same voting rights and will be identical in all other respects to the Class A ordinary shares prior to the effectiveness of the reverse stock split.

No fractional shares will be issued in connection with the reverse stock split. Shareholders who would otherwise receive a fraction of a Class A ordinary share of the Company will receive one full share.

The reverse stock split is primarily intended to bring the Company into compliance with the $1.00 minimum bid price requirement for maintaining its Nasdaq listing.

About YY Group Holding Limited

YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.

Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.

Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.

For more information on the Company, please visit https://yygroupholding.com/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about YY Group Holding Limited’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.

Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com

GIBO Launches Real-Time Rendering Engine and Multi-Model Workspace Module as Part of GIBO Watch Framework for the Short Film Industry

KUALA LUMPUR, Malaysia, March 19, 2026 /PRNewswire/ — GIBO Holdings Ltd. (NASDAQ: GIBO), a global technology company focused on artificial intelligence and digital content infrastructure, today announced the launch of two proprietary innovations—the GIBO Real-Time Rendering Engine and the GIBO Multi-Model Workspace Module—as part of its broader GIBO Watch system, a comprehensive AI-enabled framework designed to support the full lifecycle of short film production, marketing, and monetization.

 

These developments represent a key step in GIBO’s mission to transform short film creation from a fragmented, manual process into a real-time, intelligent, and scalable production system.

Introducing Real-Time Creation: GIBO Real-Time Rendering Engine

The GIBO Real-Time Rendering Engine introduces a new paradigm in AI content creation by enabling filmmakers to visualize their prompts instantly, significantly reducing the traditional trial-and-error cycle associated with video generation.

By leveraging advanced rendering optimization and real-time inference capabilities, the engine allows creators to:

  • Instantly convert prompts into visual outputs
  • Iteratively refine scenes in real time
  • Reduce production latency from hours to seconds
  • Improve creative precision and output consistency

This capability empowers creators to move from concept to visual realization at unprecedented speed, dramatically enhancing productivity and creative control.

Unified Creative Workflow: GIBO Multi-Model Workspace Module

Complementing the rendering engine, the GIBO Multi-Model Workspace Module serves as an integrated digital editing environment—bringing together multiple AI-generated elements into a seamless production workflow.

Functioning as a next-generation digital editing bay, the module enables users to:

  • Combine video clips, AI-generated visuals, and scene outputs
  • Integrate AI voiceovers with synchronized timing
  • Add and refine AI-generated background music
  • Edit and finalize content within a unified interface

This multi-model integration removes the need for fragmented tools, enabling creators to manage the entire production process within a single intelligent workspace.

GIBO Watch: A Comprehensive Framework for the Short Film Economy

Both the Real-Time Rendering Engine and Multi-Model Workspace Module are integral components of GIBO Watch™, GIBO’s next-generation system designed as a comprehensive AI-enabled framework for the short film industry.

GIBO Watch integrates:

  • AI-driven content creation
  • Intelligent production workflows
  • Data analytics and performance optimization
  • Marketing and distribution support
  • Monetization and commercialization capabilities

By unifying these functions, GIBO Watch aims to provide a complete infrastructure that empowers filmmakers, studios, and platforms to produce, distribute, and monetize short-form content at scale.

Transforming the Future of Short Film Production

The launch of these new capabilities reflects GIBO’s continued commitment to building end-to-end AI infrastructure for the digital content economy.

As short-form video consumption continues to grow globally, the need for efficient, scalable, and intelligent production systems becomes increasingly critical. GIBO’s latest innovations position the company at the forefront of this transformation, enabling creators and platforms to operate more efficiently while unlocking new creative and commercial opportunities.

About GIBO Holdings Limited

GIBO Holdings Ltd. is a unique and integrated AIGC animation streaming platform with extensive functionalities provided to both viewers and creators that serves a broad community of young people across Asia to create, publish, share and enjoy AI-generated animation video content. With over 83 million registered users and advanced AI-powered tools, GIBO seeks to redefine the landscape of digital content creation.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company’s ability to scale and grow its business, the Company’s advantages and expected growth, the Company’s ability to source and retain talent, and the Company’s cash position, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

Contact Information

Investor Relations:
Bill Zima
ICR, Inc.
William.zima@icrinc.com 

Media Relations:
Edmond Lococo
ICR, Inc.
Edmond.Lococo@icrinc.com

For more information and the latest updates, please visit:
https://www.globalibo.com/

ACOH 2026 Early Bird Rate Ends 30 April; Abstract Submission Closes 1 April

KUCHING, Malaysia, March 19, 2026 /PRNewswire/ — Asia’s leading platform on workplace health and safety, the 24th Asian Congress on Occupational Health (ACOH) 2026, is calling on researchers, practitioners, and industry professionals to secure their participation as key deadlines approach. Scheduled to take place from 5 to 8 August at the Borneo Convention Centre Kuching, the congress serves as a premier regional hub for advancing workplace health standards and fostering international collaboration.

ACOH 2026 Early Bird Rate Ends 30 April; Abstract Submission Closes 1 April
ACOH 2026 Early Bird Rate Ends 30 April; Abstract Submission Closes 1 April

Organised by the Academy of Occupational and Environmental Medicine Malaysia and supported by Business Events Sarawak and the Malaysia Convention & Exhibition Bureau, ACOH 2026 carries the theme “Shaping a Sustainable Future: Global Perspectives on Occupational Health.” The event is expected to draw over 2,000 delegates and will feature a comprehensive programme including plenary sessions, symposia, and scientific presentations on critical issues such as occupational diseases, mental health, industrial hygiene, and the impact of climate change on workforce sustainability.

Abstract submission remains open until 1 April, with authors invited to submit under a wide range of key themes, including occupational medicine, mental health at work, industrial hygiene practice, occupational health policies, digital transformation and work, as well as climate change and workplace safety. This provides an opportunity for participants to present research, share practical insights, and contribute to shaping workplace health practices at both organisational and policy levels.

For international delegates, the early bird registration is set at RM1,750, with a dedicated student rate of RM1,100 and an accompanying person package available at RM150.

Beyond the main congress, participants can enhance their expertise through intensive pre-congress workshops on 5 August at the Hilton Kuching, covering specialised areas such as Aviation Medicine, Fitness to Work, and Diving Medicine. These sessions are complemented by Department of Occupational Safety and Health (DOSH) workshops on 4 and 5 August, focusing on Audiometry, Medical Surveillance, and Spirometry. Participants may also join exclusive technical tours to the SOCSO Tun Abdul Razak Rehabilitation Centre and the PETRONAS Twin Towers and Leadership Centre.

ACOH 2026 offers participants access to the latest research, insights from international experts, and valuable networking opportunities with industry leaders and policymakers. The congress also provides a platform to benchmark practices, explore emerging trends, and gain practical knowledge that can be applied to improve workplace health, safety, and productivity.

While attending the congress in the “Land of the Hornbills,” delegates are invited to discover Sarawak’s breathtaking landscapes, from the UNESCO World Heritage-listed Mulu Caves to rare wildlife encounters, including orangutans at Semenggoh Nature Reserve and the iconic proboscis monkeys at Bako National Park.

Those interested are encouraged to register early to secure their participation and submit abstracts before the 1 April deadline.

For more information, visit www.acoh2026.com or contact the Congress Secretariat at secretariat@acoh2026.com or 082-555 189.

CHNR Announces Non-Binding Letter of Intent to Acquire Majority Stake in HooRii Technology, Marking Strategic Shift to Physical AI

HONG KONG, March 19, 2026 /PRNewswire/ — China Natural Resources, Inc. (NASDAQ: CHNR) (“CHNR” or the “Company“), a holding company that operates in exploration and mining business, today announced that it has signed a non-binding Letter of Intent (“LOI“) with Feishang Group Limited, its principal shareholder (“Feishang“), to acquire 100% shares of a wholly owned subsidiary of Feishang that will own, directly or indirectly, 59.79% of the equity interest of HooRii Technology (HK) Limited (“HooRii“), a limited liability company incorporated in Hong Kong specializing in physical AI development, through the combination of IOT and artificial intelligence, to bring AI into the physical world (the “Acquisition“). The Company has established a special committee consisting of all of the independent directors to evaluate the Acquisition.  

Pursuant to the LOI, the Acquisition’s total consideration is estimated to range between US$37 million to US$40 million through a combination of cash and stock issuance. The Acquisition is subject to the negotiation and execution of definitive documentation, completion of due diligence, receipt of regulatory approvals, and necessary corporate approval, alongside other customary closing conditions.

This proposed Acquisition represents a pivotal strategic evolution for CHNR, advancing the Company’s dual mandate to strengthen its core mining operations through AI and to build a scalable growth platform in cutting-edge AI and IoT technologies. CHNR plans to deploy HooRii’s AI and IoT expertise to optimize mining workflows, enhance safety, and improve cost efficiency across CHNR’s global assets, while leveraging HooRii’s market-leading technology to expand into the high-growth Physica AI market, diversifying beyond traditional resources.

Since its founding in 2021, HooRii has been at the forefront of IoT technology. Supported by Feishang, HooRii is a world-leading company at the intersection of AI and IoT, determined to become a key force in connecting artificial intelligence with the physical world, driven by the mission to “Bring your AI to the real world.” HooRii initially focused on advancing the development and commercialization of the Thread protocol, successfully launching a series of hardware and software products and solutions that provided robust technical support for millions of IoT devices and thousands of developers worldwide.

In 2026, as OpenClaw became the most popular project in GitHub’s history, a wave of Personal AI Assistants swept the globe. HooRii seized this momentum to launch ClawStage, the first embodied personal AI built on the OpenClaw architecture. This landmark product received widespread acclaim within a month of its launch, gaining over ten million impressions and attracting more than ten thousand seed users. Since its inception, HooRii has secured multiple rounds of investment from renowned funds, including Plum Venture, Eminence Venture, and PreAngel Venture, with total financing exceeding $7 million USD.

“Today’s announcement marks a watershed moment for CHNR,” said, Wong Wah On Edward, Chief Executive Officer of CHNR. “As an experienced company in the traditional industries, we recognize that embracing AI is not merely an opportunity—it is a necessity. This proposed acquisition would accelerate our transformation, enabling us to apply HooRii’s innovative technology to our core mining business while unlocking new revenue potential in the fast-growing physical AI ecosystem. We are committed to balancing the strength of our heritage with the agility of a tech-enabled future.”

“HooRii’s journey from a start-up to a leader in physical AI is a testament to our team’s innovation and vision,” said Albert Licheng Zhu, Chief Executive Officer of HooRii Technology. “Teaming up with CHNR will provide us with the financial strength, global reach, and operational scale to accelerate product development and market expansion. We are delighted to partner with CHNR to redefine the future of both AI&IOT and the resources industry.”

Important Disclosure Regarding the LOI

The foregoing description of the LOI does not purport to be complete and are qualified in its entirety by reference to the full text of the agreement, which the Company plans to furnish as an exhibit on its current report on Form 6-K.

Investors are cautioned that the LOI is non-binding and serves only as a preliminary expression of intent. The Company provides no assurance that a definitive agreement will be executed or that the proposed acquisition will be consummated on the terms described, or at all. Furthermore, the Company can offer no guarantee regarding the timing of the potential closing, which remains subject to the satisfaction of various closing conditions.

About China Natural Resources, Inc.

China Natural Resources, Inc. (NASDAQ: CHNR) is currently a holding company that operates in exploration and mining business. The Company is engaged in the acquisition and exploitation of mining rights in Inner Mongolia, including exploring for lead, silver and other nonferrous metal, and is actively exploring business opportunities in the healthcare and other non-natural resource sectors. Committed to operational excellence, sustainability, and shareholder value, CHNR is advancing a strategic transformation to integrate AI and technology across its business.

About HooRii Technology Limited

HooRii is a Hong Kong-based Physical AI innovator specializing embodied personal AI built on the OpenClaw architecture. Supported by Feishang and many other venture capital funds, HooRii is dedicated to making AI accessible and intuitive for consumers and businesses worldwide.

Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements.” All statements other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the risk factors discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on the SEC’s website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the applicable securities laws, the Company does not assume a duty to update these forward-looking statements.

[MWC 2026] Preparing for AI Calling: Ookla’s Vision for Updated Voice Quality Standards

BARCELONA, Spain, March 19, 2026 /PRNewswire/ — At MWC 2026, Mark Giles, Industry Research & Analysis Director at Ookla—a global leader in connectivity intelligence—delivered a keynote titled “Experience-Driven Voice Core Network with Ookla RootMetrics.” In his speech, Mark Giles introduced the HD voice experience evaluation framework and the AI Calling voice experience evaluation framework. He also shared insights from a recent voice evaluation project in the Philippines. Ookla is dedicated to assisting operators in enhancing their voice networks through experience evaluations, ultimately improving user satisfaction.

Mark Giles emphasized that voice services are advancing in three key areas. First, new user groups like live streamers and digital avatars are emerging. Second, innovative smart terminals such as AI assistants and AI glasses are on the rise. Last, new user behaviors, including AI applications and remote interactions, are becoming prevalent. These advancements are driving the voice experience toward higher definition, AI integration, accessibility, immersion, and interactivity.

Ookla outlines the new voice experience evaluation framework for AI Calling
Ookla outlines the new voice experience evaluation framework for AI Calling

Mark Giles noted that the dimensions for evaluating voice experience must adapt to include AI. Assessing AI-powered voice experience is a major industry focus. Therefore, in addition to traditional QoE, QoS, and coverage metrics, Ookla’s voice experience evaluation now incorporates three new dimensions: AI-based immersive experience, AI-based interaction experience, and QoI (Quality of Intelligence). QoI measures factors like the accuracy and latency of AI models, and service inclusivity. The AI-based immersive experience evaluates elements such as AI noise reduction MOS. The AI-based interaction experience assesses aspects like real-time translation accuracy. This updated framework offers a more thorough and structured approach to guiding operators’ voice services in the AI age.

Ookla uses its world-leading drive test tool, RootMetrics, to evaluate operators’ voice experience in regions like Asia Pacific, the Middle East, and Latin America. In his presentation, Mark Giles discussed their voice service evaluation project in the Philippines. Using Speedtest Drive, Ookla conducted a comprehensive 1,200 km drive test, collecting 23,000 data samples in Manila. This test provided the first systematic and thorough insight into the country’s voice service experience. Results of Philippines project showed that operator-provided VoLTE services significantly outperform OTT services in metrics like MOS, call blocking, and call drops. This is due to OTT voice services sharing bandwidth with general Internet traffic, making them more susceptible to network congestion. During peak data usage, OTT calls can be blocked or interrupted. Moreover, the data reveals that the overall VoLTE connection rate in the Philippines stands at just 31%, a notably low figure. To improve voice experience, phase out outdated 3G networks, and embrace AI-driven advancements, the Philippines must further develop its VoLTE services. Moving forward, Ookla will continue to evaluate AI-enhanced voice services in countries like the Philippines. For more details, download the report from the Ookla official website.

Cirrus360 presents 5G-edge-cloud innovation for workflow automation for small and medium meat processors

RICHARDSON, Texas, March 19, 2026 /PRNewswire/ — Cirrus360 is excited to have presented their 5G-edge-cloud innovation for workflow automation for small and medium meat processors, at the 2026 International Livestock Congress held March 4-5, 2026, in Houston, Texas, during the Houston Livestock Show & Rodeo.

Small and medium sized poultry and meat processors provide many advantages to society at large, enabling a diversity of choice in meat and poultry products, local employment often in rural communities, a more efficient and reliable food supply chain, and a low carbon footprint farm-to-table food chain within a local community. However, they do not have the advantages of scale that allow their larger competitors to maintain large teams for quality and compliance as well as install complicated and expensive Information Technology (IT) equipment to support their workflows.

In collaboration with meat processing specialists at Rail19, and Texas A&M meat science faculty, Cirrus360 presented an automation assisted, affordable, and integrated solution, Edgware™, to address the above challenges with sensors, 5G edge, cloud and automation technology. This solution allows a small meat processor, with little to no IT investment, to leverage an automated system for monitoring and analysis of their production flows and processes – to meet their business needs, prevent waste and overhead, as well as meet the requirements of USDA/FSIS and state regulatory bodies.

“This technology will help small businesses to streamline their daily operations automating tedious and time-consuming processes, reducing manual effort wherever possible, and enabling real-time incident detection and reporting, through a centralized management console,” said Sudipta Sen, founder and VP Product Engineering at Cirrus360.

“Cirrus360’s work with the USDA to develop and advance affordable technology for small meat processing plants gives us great hope for the future of our industry. Many low volume meat processing plants struggle to attain technologies and software as many are unaffordable or too complex for our scope of work,” said Katie Koon, Managing Partner, Rail 19, Brashear, TX.

“This collaboration between Cirrus360 and Rail19 has resulted in innovation that combines communications and data sensing technologies in a very applied, sensible way to solve the complex problems faced by small meat processors in trying to achieve their business goals while adhering to the highest standard of food safety and the associated regulations,” said Prof. Penny Riggs, Department of Animal Science, Texas A&M University.

Cirrus360 appreciates USDA NIFA for a Phase III Meat and Poultry Processing Research Initiative (MPPRI) award which provided the funding for this research and development of Edgware™.

The 5G system integration and validation leveraged Cirrus360’s, Gabriel™ platform, developed with funding from US Department of Commerce, National Telecommunications and Information Administration (NTIA), Public Wireless Supply Chain Innovation Fund.

The integrated solution incorporates private 5G hardware from Pegatron Corporation, including an Intel Xeon Icelake-D server, Pegatron radio unit, Pegatron 5G camera, sensors, and the open source OCUDU https://ocudu.org/ 5G stack.

About Cirrus360:

Cirrus360’s mission and commercial focus is to bring AI reasoning driven automation to 5G/6G/edge system integration and validation, enabling a diversity of applications, for markets such as defense, industrial, ultra-secure facilities, healthcare, and logistics. Cirrus360 is based in the Dallas Fort Worth metroplex area.

In Mobile World Congress, Barcelona, 2024, Cirrus360 was recognized with a Global Mobile (GLOMO) award, the industry’s most prestigious accolade, in the category “Best Digital Tech Breakthrough for companies under $10 million Annual Revenue” for our Intelligent Automation platform, Gabriel™.

With the strength of US entrepreneurship and engineering ingenuity, Cirrus360’s AI Reasoning enabled integration and validation services are well positioned to enable competitive 5G/6G solutions to meet market and use case specific requirements.

Media Contact: Sudipta Sen, sudipta@cirrus3sixty.com, https://www.linkedin.com/company/cirrus360

92% of Companies Exposed to Tax & Compliance Risks When Hiring Internationally, Multiplier Report Finds

Survey of 500 global business leaders finds global hiring is accelerating faster than companies can manage compliance

NEW YORK, March 19, 2026 /PRNewswire/ — As global hiring accelerates, most companies are exposing themselves to significant compliance risk. Only 8% of organizations report being fully compliant with international tax and labor laws, according to data from Multiplier’s Global Hiring Gap report.

Based on a survey of 500 global business decision-makers, the report highlights a widening disconnect between ambition and readiness. While 96% of companies say international hiring improves talent quality, most are not equipped to manage the complexity of rising visa costs and shifting labor regulations, leaving them struggling to keep up with evolving global demands.

Nearly half (46%) of respondents said they are hiring internationally to access AI skills, reflecting the pace of technological change. This trend is compounded by immigration and visa constraints, with 33% of respondents citing these challenges as a key driver for hiring abroad.

Even when companies identify the right talent abroad, compliance gets in the way. 46% say they’ve failed to onboard international hires because of it, and with labor laws evolving and regulatory complexity on the rise, global expansion is only getting harder to navigate.

“While the global economy is more interconnected than ever, the regulatory landscape for hiring remains extremely fragmented,” says Sagar Khatri, Co-Founder and CEO of Multiplier. “91% of companies are able to hire faster when they look abroad, so the desire to hire from anywhere is there. Simplifying compliance is the key to making the next era of hiring truly borderless.”

The report surveyed companies with between 50 and 1,000 employees from the U.S., Singapore, the U.K., and Australia. The report expands on several additional trends and is now available to download on Multiplier’s website.

About Multiplier
Multiplier is the Global Exchange for Work, precision-built for companies to hire, manage, and pay global teams across 150+ countries. By combining world-class tools, including EOR, COR, and Global Payroll, with a vast network of owned entities and human-first support, Multiplier empowers companies of all sizes to expand globally with confidence. Since 2020, the global-first infrastructure has helped over 1,500 companies and now processes over $2 billion in cross-border wages, reshaping the global economy and the future of work.