XBP Global Signs Multi-Year Contract with Large Insurance Carrier for Re-Mail Processing Service
Globenewswire· 2025-10-22 11:58
IRVING, Texas, Oct. 22, 2025 (GLOBE NEWSWIRE) -- XBP Global Holdings, Inc. (“XBP Global” or “the Company”) (NASDAQ: XBP), a workflow automation leader that leverages decades of industry experience, global footprint and agentic AI to rethink business process automation and digital transformation, announced a multi-year contract with a large insurance carrier to provide Re-mail processing service, a cutting-edge solution designed to significantly improve the open rate for mail delivery. XBP’s AI driven Re-mai ...
illumin Holdings Inc. Announces Date for Third Quarter 2025 Financial and Operating Results
Globenewswire· 2025-10-22 11:55
Core Insights - illumin Holdings Inc. will report its third quarter 2025 financial results on November 7, 2025, before market open [1] - A live webcast will be held on the same day at 8:30 AM ET, featuring CEO Simon Cairns and CFO Elliot Muchnik discussing the results [2] Company Overview - illumin is a leader in digital advertising technology, focusing on empowering marketers to make informed decisions in online consumer communication [1] - The company offers a unified platform that integrates various marketing channels, including programmatic advertising, email, and social media, to enhance campaign execution [4] - Headquartered in Toronto, illumin serves clients across North America, Latin America, and Europe [4]
ParaZero Secures Significant Purchase Order for Airobotics' Autonomous Defense Drones, Strengthening Position in Booming Drone Defense Market
Globenewswire· 2025-10-22 11:50
Kfar Saba, Israel, Oct. 22, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace defense company pioneering smart, autonomous solutions for the global manned and unmanned aerial systems (UAS) industry, today announced the signing of a significant purchase order with Airobotics Ltd., a premier provider of robotic automation solutions, for the delivery of ParaZero’s advanced safety systems. This purchase order is part of an ongoing collaboration betwee ...
Brookfield Launches New Private Equity Evergreen Fund Structure in Canada
Globenewswire· 2025-10-22 11:45
NEW YORK, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Brookfield has announced the launch of the Brookfield Private Equity Fund (Canada) (“BPE-CAD” or the “Fund”). The evergreen strategy provides investors streamlined access to Brookfield’s leading private equity platform through a simplified investment process that includes monthly subscriptions and a low investment minimum. BPE-CAD builds on Brookfield’s 25-year track record of investing in and transforming companies that underpin the global economy. The Fund offer ...
SCHMID Group secures Major Orders for AI Server PCB Production Equipment
Globenewswire· 2025-10-22 11:31
Core Insights - SCHMID Group has successfully secured two significant orders in the rapidly growing field of Printed Circuit Boards (PCB) for artificial intelligence (AI) server applications, specifically AI-Server-Boards [1][4] Company Developments - The first project involves delivering a complete wet-process equipment setup featuring advanced V+ and H+ systems, while the second project includes supplying critical horizontal H+ machines, marking a breakthrough beyond traditional PCB and IC-substrate business [2][16] - One customer has entrusted SCHMID with full responsibility for an entire production line, indicating strong confidence in the company's technology and services, which may lead to future investment opportunities [3] Market Context - The semiconductor industry is projected to reach $785.5 billion in revenue by 2025, with expectations to accelerate to $1.1 trillion by 2029, driven by AI adoption [5] - Global AI server shipments are anticipated to grow by 24.3% year-over-year in 2025, with North American cloud service providers leading this growth, supported by sovereign cloud projects in Europe and the Middle East [5] - Demand for large-body substrates is increasing due to the rise in high-bandwidth memory (HBM) stacks and co-packaged optics (CPO) requirements for AI applications, highlighting the strategic importance of SCHMID's process equipment portfolio [6] Executive Insights - The orders represent a pivotal milestone for SCHMID Group, showcasing the necessity and trust in its technology not only in IC-substrates but also in full PCB production lines for AI-Server-Board, a rapidly growing market [7][10] - The AI server segment is characterized by rapid innovation cycles, with typical server boards having a lifecycle of only 18 to 24 months, creating a recurring need for advanced PCB manufacturing solutions [8] - Winning these projects positions SCHMID at the center of the AI server board cycle, where each generation requires more layers, smaller features, tighter process windows, and new materials, areas where SCHMID's systems provide a unique advantage [9]
Saia Announces Retirement of CIO Rohit Lal and Appointment of Successor Tarak Patel
Globenewswire· 2025-10-22 11:30
Core Insights - Saia, Inc. announced the retirement of Rohit Lal, Executive Vice President and Chief Information Officer, after eight years with the company, effective immediately [1][2] - Tarak Patel has been appointed as the new Executive Vice President and Chief Information Officer, bringing extensive experience in technology and digital transformation [1][3] Leadership Transition - Rohit Lal has significantly advanced Saia's digital capabilities and IT infrastructure during his tenure since joining in 2017 [2] - Lal will remain with the company as an advisor until the first quarter of 2026 to ensure a smooth transition [2] New Executive Profile - Tarak Patel previously served as CIO at Smurfit WestRock, leading a global transformation in processes and technologies [3] - Patel has held leadership roles at E. & J. Gallo Winery and Henkel, focusing on enterprise-wide technology initiatives and supply chain integrations [3] - He holds a Bachelor of Science degree in Computer Engineering from the University of California, San Diego [3] Company Overview - Saia, Inc. offers a variety of transportation services, including less-than-truckload, non-asset truckload, expedited, and logistics services [4] - The company operates 213 terminals nationwide, headquartered in Georgia [4]
Lantronix to Report Fiscal 2026 First Quarter Results on Nov. 5, 2025
Globenewswire· 2025-10-22 11:30
IRVINE, Calif., Oct. 22, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions enabling Edge AI Intelligence, today announced it will release financial results from its fiscal 2026 first quarter, ended Sept. 30, 2025, after the close of the market on Wednesday, Nov. 5, 2025. Management will host an investor conference call and audio webcast at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on Nov. 5, 2025. To access the live confer ...
Biogen to Present Additional Results from Phase 3 Study of Dapirolizumab Pegol in Systemic Lupus Erythematosus at ACR Convergence 2025
Globenewswire· 2025-10-22 11:30
Core Insights - Biogen Inc. announced upcoming presentations on dapirolizumab pegol (DZP), an anti-CD40L drug candidate for systemic lupus erythematosus (SLE), at the ACR Convergence 2025 [1][2] - The presentations will cover efficacy results across multiple endpoints, including disease activity, flares, fatigue, joint pain, and quality of life, along with preclinical data on placental transfer [1][4] Company Overview - Biogen is a leading biotechnology company founded in 1978, focused on innovative science to develop new medicines and create shareholder value [7] - The company emphasizes a deep understanding of human biology and aims to deliver first-in-class treatments [7] Product Development - Dapirolizumab pegol is in Phase 3 clinical development for SLE, developed in collaboration with UCB [6][2] - It is one of only three biologics to report positive Phase 3 data in a global SLE study, with the primary endpoint met after 48 weeks [2][4] - Ongoing studies include the PHOENYCS FLY trial, which continues to evaluate the drug's efficacy [2][6] Presentation Details - Presentations at ACR will include various poster sessions focusing on quality of life improvements, adverse outcomes in reprotoxicity studies, and fatigue and pain management in SLE patients [3][5] - Specific poster presentations are scheduled for October 26-28, 2025, detailing results from Phase 3 trials [3][5]
BriaCell Receives Positive Recommendation from Data Safety Monitoring Board (DSMB) for Phase 3 Study in Metastatic Breast Cancer
Globenewswire· 2025-10-22 11:30
Independent DSMB has identified no safety concerns, and recommends continuation of BriaCell’s pivotal Phase 3 study of Bria-IMT™ plus immune check point inhibitorFourth consecutive positive DSMB recommendation supports the favorable safety profile observed to datePhase 3 study is being conducted under FDA Fast Track Designation, reflecting the significant unmet need in metastatic breast cancer PHILADELPHIA and VANCOUVER, British Columbia, Oct. 22, 2025 (GLOBE NEWSWIRE) -- BriaCell Therapeutics Corp. (Nasdaq ...
Valour Inc. Launches Sky (SKY) ETP on Spotlight Stock Market, Reaching 100 Listed ETPs
Globenewswire· 2025-10-22 11:30
Core Insights - DeFi Technologies' subsidiary Valour has successfully listed its 100th exchange-traded product (ETP), the Valour Sky (SKY) SEK ETP, on Sweden's Spotlight Stock Market, solidifying its position as the largest issuer of digital asset ETPs globally [1][3][7] Group 1: Company Achievements - Valour has achieved its year-end goal of listing 100 ETPs, which includes a diverse range of products across major European exchanges such as Börse Frankfurt, SIX Swiss Exchange, and London Stock Exchange [4][7] - The listing of SKY marks a significant milestone for Valour, emphasizing its commitment to providing regulated access to digital assets and meeting local demand for transparent crypto exposure [5][6] Group 2: Product Overview - The Valour Sky (SKY) is a governance token for the Sky ecosystem, which is a successor to MakerDAO, allowing holders to participate in protocol governance related to stablecoin and collateralized lending [2][7] - The ETP provides investors with regulated access to a blue-chip DeFi governance asset, enhancing the appeal of digital assets within traditional investment frameworks [7] Group 3: Leadership Commentary - Elaine Buehler, Head of Products at Valour, highlighted that the launch of SKY reflects the evolving landscape of finance, making DeFi accessible to a broader audience [5] - Olivier Roussy Newton, CEO of DeFi Technologies, stated that reaching the 100 ETP target validates the company's product strategy and commitment to delivering regulated access to digital assets at scale [6]