Vivos Therapeutics Reports that Supported Professional Practices Have Achieved 'In-Network' Status Across Multiple Commercial Health Insurers and Medicare in Key Nevada Market
Globenewswire· 2026-03-26 12:45
Core Insights - Vivos Therapeutics has achieved 'in-network' status with several major health insurance payers in Nevada, enhancing patient access to its obstructive sleep apnea (OSA) treatments and potentially increasing revenue and profitability [1][2][3][4] - The company is implementing cost reduction initiatives aimed at its legacy business model, which are expected to save approximately $4 million annually, thereby reducing cash burn and moving towards cash flow positivity in fiscal year 2026 [5][12] Insurance Coverage - Vivos' physician-owned practices in Nevada have gained 'in-network' status with multiple health insurance providers, including Medicare, UnitedHealthcare, and Aetna, which cover a significant portion of the Las Vegas metropolitan area population [3][4] - This development is anticipated to improve patient access to Vivos' patented OSA treatments, allowing previously evaluated patients to be contacted regarding insurance coverage availability [4] Cost Reduction Initiatives - The company has initiated a series of cost reduction measures, including workforce reduction and restructuring vendor relationships, to streamline operations related to its legacy dental-focused distribution model [5] - These initiatives are projected to yield around $4 million in annual savings, which will help in reducing the company's cash burn rate [5][12] Market Context - OSA affects over 1 billion people globally, with a significant portion remaining undiagnosed, highlighting the ongoing need for effective treatment solutions [8] - Vivos aims to address the complexities of OSA treatment through innovative technology and collaborations with healthcare providers, moving away from traditional CPAP treatments [9][10]
MJLB International Accelerates High-Growth Ultrack Expansion with Appointment of Security Industry Veteran Sean Dodds
Globenewswire· 2026-03-26 12:45
Core Insights - MJLB International Inc. has engaged Sean Dodds to lead the expansion of its Ultrack division, targeting growth in the global security, surveillance, and logistics tracking markets [1] Group 1: Ultrack Division Growth Potential - Ultrack is entering a transformational growth phase, with potential to evolve into a multi-million-dollar revenue division supported by high-margin recurring services [2] - Management anticipates Ultrack can scale to $2 million to $5 million in near-term annual revenue and expand toward $10 million+ through strategic partnerships [2] - The division aims to build recurring revenue layers through monitoring, software integration, and service-based offerings, driving operating leverage and margin expansion [2] Group 2: Strategic Execution - The company is repositioning Ultrack from a standalone offering into a fully integrated platform that combines tracking, surveillance, logistics intelligence, and scalable security solutions [3] - This transition is expected to unlock larger contract opportunities and enhance cross-selling capabilities [3] Group 3: Role of Sean Dodds - Sean Dodds will facilitate access to high-value commercial opportunities and identify technology partners, while advising on system deployments and recurring revenue models [4] - His extensive experience in security technology and large-scale projects positions him to enhance Ultrack's competitive positioning [5] Group 4: Market Opportunities - The convergence of rising global demand for security solutions and the shift toward data-driven logistics infrastructure presents significant opportunities for Ultrack [6] - Management believes that the increasing need for integrated monitoring systems will further support Ultrack's growth as a scalable and high-margin business segment [6] Group 5: Corporate Outlook - The company plans to strengthen its capital structure and enhance long-term shareholder value through various capital optimization strategies, including share buybacks and a dividend policy [7] - MJLB is also exploring additional strategic opportunities within its PurRx division to drive new revenue streams [8] Group 6: Future Developments - The company will unveil enhancements and updated product offerings on its website, reinforcing its commitment to transparency and sustained growth [9]
Latin Metals Commences First Systematic Exploration at Ventana North, within 500,000 Hectare Regional Copper Exploration Play, Northwest Argentina
Globenewswire· 2026-03-26 12:45
Core Insights - Latin Metals Inc. is advancing a significant sediment-hosted copper exploration portfolio in northwest Argentina, with a large-scale field program planned for the Ventana North property in Q2 2026 [1][4] - The company controls approximately 500,000 hectares across four sediment-hosted copper projects, positioning it as an early entrant in an underexplored region [1][7] Planned Work - The initial phase of the exploration program will include a detailed stream sediment sampling program, involving approximately 500 samples across a 73,000-hectare area [3] - This systematic approach aims to generate high-value targets through cost-effective early-stage exploration, defining priority areas for follow-up exploration [4][8] Project Background - The Ventana Project is a 100%-owned sediment-hosted copper exploration project covering approximately 176,000 hectares within the Salta Rift basin [5] - The region is characterized by favorable infrastructure, including highway access and nearby power lines, enhancing its attractiveness for exploration and potential development [6] Strategic Advantages - The company's total land position is comparable to major global sediment-hosted copper districts, providing a first-mover advantage in systematically evaluating a large, prospective region [7][8] - The 2026 program is designed to rapidly generate high-quality drill targets and advance the project toward partner-funded drilling [8] Company Overview - Latin Metals operates under a prospect generator model, minimizing risk and dilution while maximizing discovery potential, and is actively seeking new strategic partners [10]
Fangzhou Inc. Appoints Healthcare Industry Veteran Wang Haijiao as Chief Executive Officer Following a Year of Record Growth and Profitability
Globenewswire· 2026-03-26 12:44
Core Insights - Fangzhou Inc. has appointed Mr. Wang Haijiao as the new CEO, effective March 26, 2026, succeeding former CEO Mr. Xie Fangmin [1][2] - The company reported a significant financial turnaround for fiscal year 2025, achieving a net profit of RMB12.0 million and a 30.2% year-over-year revenue increase to RMB3.53 billion [2] - Mr. Wang brings nearly 20 years of experience in the healthcare industry, with expertise in digital health and precision medicine, previously holding key positions at GTJA Investment Group and Dragon Rise Capital [3] Company Strategy and Vision - Mr. Wang emphasized the importance of leveraging Fangzhou's digital healthcare infrastructure and proprietary XS LLM to enhance care standards for millions of patients and support over 250,000 physicians [4][5] - The company aims to deepen its 'AI + CDM' strategy and continue executing its 'Medicine as a Service' (MaaS) model under Mr. Wang's leadership [4] - Fangzhou's recent initiatives include the launch of the multimodal "XingShi" Large Language Model (XS LLM) to improve user experience and diagnostic accuracy [5] Company Profile - Fangzhou Inc. is recognized as China's leading online chronic disease management platform, serving 56.4 million registered users and 251,000 physicians as of December 31, 2025 [6] - The company specializes in providing tailored medical care and AI-enabled precision medicine solutions [6]
JFB Announces XTEND’s Strategic Partnership with ParaZero Technologies to Revolutionize Drone Interception Capabilities
Globenewswire· 2026-03-26 12:42
Core Viewpoint - The partnership between JFB Construction Holdings, XTEND, and ParaZero Technologies aims to develop a fully autonomous drone interception system that addresses the increasing demand for integrated defense solutions against multi-domain drone threats [1][2]. Group 1: Partnership and Integration - JFB Construction Holdings and XTEND have formed a strategic partnership with ParaZero Technologies to enhance drone interception capabilities [1][2]. - The integration combines ParaZero's DefendAir net-launching system with XTEND's Scorpio 1000 drone platform, enabling autonomous detection, tracking, and capture of hostile drones [2][4]. Group 2: Technology and Capabilities - XTEND's Scorpio 1000 is an AI-powered drone designed for multi-domain missions, capable of agile maneuvering and real-time execution of mission parameters across air, ground, and maritime domains [2][4]. - The partnership aims to minimize collateral damage during drone interception by using a physical net for capture, enhancing safety in both battlefield and urban environments [4][5]. Group 3: Market Context and Future Vision - The increasing complexity of warfare necessitates agile, scalable solutions that leverage AI-driven autonomy, which the partnership seeks to provide [5]. - The collaboration is positioned to shape the future of defense by integrating human-machine teaming for superior operational outcomes against evolving threats [5].
Maris-Tech Receives Follow-On Order from Governmental Customer in Intelligence Gathering Domain
Globenewswire· 2026-03-26 12:40
Core Viewpoint - Maris-Tech has received a follow-on order from an existing governmental customer in the intelligence domain, indicating ongoing operational deployment and customer confidence in its technology [1][2]. Group 1: Company Performance and Technology - The follow-on order reflects the continued deployment and operational use of Maris-Tech's solutions, reinforcing the performance of its technology in real-world environments [2]. - The CEO of Maris-Tech stated that this order demonstrates validation of the company's technology in operational environments, highlighting product quality and performance [3]. - Maris-Tech is expanding its presence in intelligence and defense applications, providing advanced video processing and AI-driven edge computing solutions for demanding operational conditions [3]. Group 2: Product Applications - Maris-Tech delivers AI-powered edge video solutions for mission-critical defense and security operations, enabling real-time situational awareness and intelligence gathering in bandwidth- and latency-constrained environments [4]. - The company's platforms are deployed across various systems, including UAVs, UGVs, armored vehicles, and dismounted soldier systems, supporting missions that require ultra-low-latency video processing and onboard AI analytics [4].
2026 Annual General Meeting
Globenewswire· 2026-03-26 12:39
Core Viewpoint - Golar LNG Limited has announced the date for its 2026 Annual General Meeting, which will take place on May 19, 2026, with a record date for voting set for April 6, 2026 [1] Group 1 - The notice, agenda, and associated materials for the Annual General Meeting will be distributed to shareholders through normal distribution methods prior to the meeting [1] - These materials will also be made available on the company's website at www.golarlng.com [1] - The announcement is in compliance with the disclosure requirements of the Norwegian Securities Trading Act [1]
Treasure Global Reports 7x ARPU Growth on ZCITY; TAZTE Enters Strategic Redevelopment
Globenewswire· 2026-03-26 12:33AI Processing
High-Frequency Users on ZCITY Surge to 70%, ARPU Grows SevenfoldKUALA LUMPUR, Malaysia, March 26, 2026 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Southeast Asia–anchored technology company, today announced record engagement and monetization on its ZCITY Super App platform, alongside a strategic redevelopment of its TAZTE platform to strengthen its digital ecosystem. ZCITY Delivers Record Engagement and MonetizationFor the quarter ended December 2025: High- ...
ParaZero Technologies Announces Strategic Partnership with XTEND for Advanced Drone Interception Capabilities
Globenewswire· 2026-03-26 12:32
Core Insights - ParaZero Technologies Ltd. has announced a strategic partnership with XTEND to enhance drone interception technology, focusing on autonomous solutions for both manned and unmanned aerial systems [1][3] Company Overview - ParaZero Technologies is an aerospace defense company founded in 2014, specializing in smart, autonomous solutions for the UAS industry, with products like SafeAir, DefendAir, and DropAir [5] - XTEND is a leader in AI-powered robotics and software systems, with over 10,000 systems deployed in more than 30 countries, focusing on high-threat operational environments [6] Partnership Details - The collaboration integrates ParaZero's DefendAir net-launching system with XTEND's Scorpio 1000 drone platform, enabling fully autonomous interception of hostile drones [2][3] - This partnership aims to deliver unique battlefield capabilities, combining the agility of XTEND's drones with ParaZero's reliable capture solutions [3] Strategic Goals - The companies aim to develop and demonstrate their joint Counter-UAS solution for defense forces and homeland security organizations globally [4]
SurgePays Launches Managed Marketing Services Platform Across Nationwide Retail Network
Globenewswire· 2026-03-26 12:30
Core Insights - SurgePays, Inc. has launched the SurgePays Managed Marketing Services platform, which aims to enhance customer acquisition and create new high-margin recurring revenue opportunities through a digital marketing network in retail locations [1][3] Group 1: Platform Overview - The SurgePays Managed Marketing Services platform utilizes smart TVs in retail locations to replace traditional signage with dynamic digital content, allowing for real-time updates and control of advertisements [2] - This platform is designed to communicate directly with customers at the point of purchase, enhancing the effectiveness of advertising and promoting SurgePays' own products while generating revenue from third-party brands [3][4] Group 2: Strategic Importance - The deployment of digital screens in convenience stores, which have high foot traffic, is expected to build a retail media network that connects brands with consumers at critical purchasing moments [4] - The platform is integral to SurgePays' long-term strategy, supporting customer acquisition for its wireless brands, LinkUp Mobile and Torch Wireless, while also creating a new revenue stream from advertising as the retail network expands [4][6] Group 3: Business Model and Revenue Streams - SurgePays operates a nationwide ecosystem that includes wireless brands and a proprietary point-of-sale platform, facilitating various services for subprime and underserved consumers [6][8] - The company is expanding into data-driven marketing and digital partnerships, allowing it to monetize customer engagement and advertising opportunities across its retail footprint [7][8]