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SuperCom Secures New Electronic Monitoring Contract in Alabama, Expanding State Footprint
Prnewswire· 2025-08-20 12:30
Core Insights - SuperCom has secured a new electronic monitoring contract with a community corrections agency in Alabama, marking its second agency win in the state this year, reflecting strong customer satisfaction and technology performance [1][2][3] - The contract involves the deployment of SuperCom's PureSecurity™ Suite, including the PureOne™ GPS solution, and follows a recurring revenue model based on daily active units [1][2] - The company's successful U.S. expansion strategy has led to over 30 new contracts and entry into 11 new states since mid-2024, displacing multiple incumbent vendors [3] Financial Performance - SuperCom reported a record first-half net income of $5.3 million and a gross margin of 61.2%, supporting its growth and expansion efforts [3] Technology and Service Offering - The PureSecurity™ Suite aims to improve supervision, strengthen compliance, and enhance public safety outcomes across the region [2][3] - SuperCom has been recognized for its high-quality service and innovative monitoring technology, which has contributed to its growing reputation in the industry [2][3]
Apyx Medical Corporation Announces Launch of Renuvion® in China
Globenewswire· 2025-07-28 12:00
Core Insights - Apyx Medical Corporation has launched Renuvion in China, marking a significant step in its global expansion strategy [2][3] - The company has entered into a distribution agreement with GlamMoon Medical Technology, a division of BeauCare Clinics Investment Co., Ltd., to facilitate the sales and marketing of Renuvion in the Chinese market [1][2] - Initial market clearance has been received from the National Medical Products Administration of China, indicating regulatory approval for the product [1] Company Overview - Apyx Medical Corporation specializes in advanced energy technology, focusing on innovative products such as Renuvion and J-Plasma, which provide controlled heat to tissue for surgical applications [3] - The effectiveness of Renuvion and J-Plasma is supported by over 90 clinical documents, showcasing the company's commitment to clinical validation [3] Partner Overview - BeauCare Clinics Investment Co., Ltd. (BCC) is a leading player in China's medical aesthetics industry, operating over 60 medical aesthetics hospitals and clinics across 15 cities [4] - BCC has established a strong supply chain and a group purchasing alliance with over 400 members, enhancing its market position in the medical aesthetics sector [4]
Duke Robotics Strengthens Global Growth Strategy with Appointment of Yuval Hogeg as International Business Development Director
Globenewswire· 2025-05-19 12:30
Core Insights - Duke Robotics Corp. has appointed Mr. Yuval Hogeg as the International Business Development Director to enhance its global expansion strategy [1][2][4] - Mr. Hogeg has over 22 years of experience in managing international cooperation and intelligence operations, which will aid in establishing partnerships across various regions [3][4] - The company aims to scale its IC Drone technology for high-voltage insulator maintenance and collaborate with Elbit Systems Land to market its stabilized weapons drone system, "Birds of Prey" [2][5] Company Overview - Duke Robotics Corp. focuses on advanced robotics technology and autonomous drone solutions for both military and civilian sectors [5] - The company has developed TIKAD, a robotic system for remote firing of lightweight firearms, and the IC Drone, a system for cleaning electric utility insulators [5] - Duke Robotics integrates advanced algorithms and robotic technologies for mission-critical applications, addressing the growing demand for tech solutions in modern warfare [5]
Tokyo Lifestyle Co., Ltd. Announces Opening of a New Reiwatakiya Directly-Operated Store in Toronto, Canada
GlobeNewswire News Room· 2025-04-21 12:00
Core Insights - Tokyo Lifestyle Co., Ltd. is expanding its market presence in North America by opening a new store in Toronto, Canada, under its "Reiwatakiya" brand in mid-May 2025 [1][3] - The new store will be located at 237 Queen Street West, covering approximately 1,537 square feet, and will offer a range of high-quality Japanese beauty and lifestyle products [2][3] Company Overview - Tokyo Lifestyle Co., Ltd. is a retailer and wholesaler of various products, including Japanese beauty and health products, luxury items, and electronics, operating in markets such as Hong Kong, Japan, North America, Thailand, and the United Kingdom [4] - The company sells its products through directly-operated physical stores, online platforms, and to franchise and wholesale customers [4] Strategic Focus - The company's entry into the Toronto market is part of a long-term global expansion strategy, targeting the consumption potential of younger, trend-conscious consumers in North America [3] - Tokyo Lifestyle aims to establish a distinct brand image in North America by offering products rooted in Japanese culture and quality, emphasizing a curated lifestyle experience [3]