Category: Press Releases

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ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Cummins Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – CMI

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cummins Inc. (NYSE: CMI) between April 30, 2019 and December 21, 2023, both dates inclusive (the “Class Period”), of the important March 15, 2024 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Cummins securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Cummins class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 15, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) contrary to its post-April 2019 Announcement assurances about its commitment to compliance, Cummins continued to produce engines with unlawful emission defeating devices from 2019 to 2023; (2) accordingly, Cummins understated its legal and regulatory risk, and overstated its commitment to environmental protection, and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Cummins class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9027768

Posted on

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Cummins Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – CMI

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cummins Inc. (NYSE: CMI) between April 30, 2019 and December 21, 2023, both dates inclusive (the “Class Period”), of the important March 15, 2024 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Cummins securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Cummins class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 15, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) contrary to its post-April 2019 Announcement assurances about its commitment to compliance, Cummins continued to produce engines with unlawful emission defeating devices from 2019 to 2023; (2) accordingly, Cummins understated its legal and regulatory risk, and overstated its commitment to environmental protection, and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Cummins class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9027768

Posted on

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Cummins Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – CMI

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cummins Inc. (NYSE: CMI) between April 30, 2019 and December 21, 2023, both dates inclusive (the “Class Period”), of the important March 15, 2024 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Cummins securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Cummins class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 15, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) contrary to its post-April 2019 Announcement assurances about its commitment to compliance, Cummins continued to produce engines with unlawful emission defeating devices from 2019 to 2023; (2) accordingly, Cummins understated its legal and regulatory risk, and overstated its commitment to environmental protection, and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Cummins class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9027768

Posted on

Carry1st Announces Strategic Investment from Sony Innovation Fund

CAPE TOWN, South Africa, Jan. 29, 2024 (GLOBE NEWSWIRE) — Carry1st, Africa’s leading game publisher and digital commerce platform, announces a strategic investment by Sony Innovation Fund, the venture capital arm of Sony Group Corporation (“Sony”). Carry1st is the inaugural investment out of Sony Innovation Fund: Africa, which was established by Sony as an initiative to support the growth of entertainment businesses in Africa.

Driven by rapidly increasing technology adoption, Africa’s gaming industry has over 200 million unique players and is set to reach a market size of over $1 billion in 2024, according to data from Newzoo and Carry1st. While there is limited formal console presence, Africa presents an incredible growth opportunity for this sector, particularly with the rise of live services.

“We are thrilled to join forces with Sony Innovation Fund: Africa,” said Cordel Robbin-Coker, CEO and Co-founder of Carry1st. “The relationship will help Carry1st to drive the future of gaming in Africa. At Carry1st, we believe that the African console market is a massively underestimated opportunity. Our distinct regional capabilities, paired with Sony’s expertise in gaming and entertainment, creates a powerful combination. Together, we hope to bring the best games in the world to players across Africa.”

“We are excited to welcome Carry1st as our first investment in Africa,” said Antonio Avitabile, Managing Director – EMEA, Sony Ventures Corporation. “We believe there is tremendous untapped potential for the gaming market in Africa, which we hope to experience and contribute to through our investment in Carry1st. We look forward to working closely with Carry1st’s world-class management team to support the company’s growth and explore potential business opportunities with Sony Group companies.”

About Carry1st
Carry1st is Africa’s leading publisher of games and digital content. Its mission is to scale awesome content in frontier markets by solving hard problems. Carry1st develops, licenses, and publishes games, and monetizes them effectively with Pay1st, a proprietary alternative payments platform and online marketplace for digital gaming goods. Carry1st has partnered with the likes of Activision, Supercell, and Riot Games to help scale games like Call of Duty: Mobile and Valorant and has launched games including Africa Glam (Nanobit), Mancala Adventures, SpongeBob Krusty Cook-Off, Ludo Blitz and Mine Rescue for gamers in Africa. Carry1st has raised over $60M since being founded in 2018 and counts Andreessen Horowitz (a16z), BITKRAFT, Google, Riot Games, and Nas as investors.

About Sony Ventures Corporation
Sony Ventures Corporation manages the Sony Innovation Fund (SIF), which invests in all stages of emerging technology companies as well as in startups solving global environmental challenges. SIF engages with pioneering startups to help fuel the development of disruptive technologies, launch new businesses, and contribute to the environment while seeking return on investment. Sony Ventures Corporation is headquartered in Japan. Learn more at www.sonyinnovationfund.com.

For more information, please contact:
Alexandra Lloyd at Nara Communications
Alexandra@naracommunications.com

GlobeNewswire Distribution ID 1000910969

Posted on

Carry1st Announces Strategic Investment from Sony Innovation Fund

CAPE TOWN, South Africa, Jan. 29, 2024 (GLOBE NEWSWIRE) — Carry1st, Africa’s leading game publisher and digital commerce platform, announces a strategic investment by Sony Innovation Fund, the venture capital arm of Sony Group Corporation (“Sony”). Carry1st is the inaugural investment out of Sony Innovation Fund: Africa, which was established by Sony as an initiative to support the growth of entertainment businesses in Africa.

Driven by rapidly increasing technology adoption, Africa’s gaming industry has over 200 million unique players and is set to reach a market size of over $1 billion in 2024, according to data from Newzoo and Carry1st. While there is limited formal console presence, Africa presents an incredible growth opportunity for this sector, particularly with the rise of live services.

“We are thrilled to join forces with Sony Innovation Fund: Africa,” said Cordel Robbin-Coker, CEO and Co-founder of Carry1st. “The relationship will help Carry1st to drive the future of gaming in Africa. At Carry1st, we believe that the African console market is a massively underestimated opportunity. Our distinct regional capabilities, paired with Sony’s expertise in gaming and entertainment, creates a powerful combination. Together, we hope to bring the best games in the world to players across Africa.”

“We are excited to welcome Carry1st as our first investment in Africa,” said Antonio Avitabile, Managing Director – EMEA, Sony Ventures Corporation. “We believe there is tremendous untapped potential for the gaming market in Africa, which we hope to experience and contribute to through our investment in Carry1st. We look forward to working closely with Carry1st’s world-class management team to support the company’s growth and explore potential business opportunities with Sony Group companies.”

About Carry1st
Carry1st is Africa’s leading publisher of games and digital content. Its mission is to scale awesome content in frontier markets by solving hard problems. Carry1st develops, licenses, and publishes games, and monetizes them effectively with Pay1st, a proprietary alternative payments platform and online marketplace for digital gaming goods. Carry1st has partnered with the likes of Activision, Supercell, and Riot Games to help scale games like Call of Duty: Mobile and Valorant and has launched games including Africa Glam (Nanobit), Mancala Adventures, SpongeBob Krusty Cook-Off, Ludo Blitz and Mine Rescue for gamers in Africa. Carry1st has raised over $60M since being founded in 2018 and counts Andreessen Horowitz (a16z), BITKRAFT, Google, Riot Games, and Nas as investors.

About Sony Ventures Corporation
Sony Ventures Corporation manages the Sony Innovation Fund (SIF), which invests in all stages of emerging technology companies as well as in startups solving global environmental challenges. SIF engages with pioneering startups to help fuel the development of disruptive technologies, launch new businesses, and contribute to the environment while seeking return on investment. Sony Ventures Corporation is headquartered in Japan. Learn more at www.sonyinnovationfund.com.

For more information, please contact:
Alexandra Lloyd at Nara Communications
Alexandra@naracommunications.com

GlobeNewswire Distribution ID 1000910969

Posted on

Carry1st Announces Strategic Investment from Sony Innovation Fund

CAPE TOWN, South Africa, Jan. 29, 2024 (GLOBE NEWSWIRE) — Carry1st, Africa’s leading game publisher and digital commerce platform, announces a strategic investment by Sony Innovation Fund, the venture capital arm of Sony Group Corporation (“Sony”). Carry1st is the inaugural investment out of Sony Innovation Fund: Africa, which was established by Sony as an initiative to support the growth of entertainment businesses in Africa.

Driven by rapidly increasing technology adoption, Africa’s gaming industry has over 200 million unique players and is set to reach a market size of over $1 billion in 2024, according to data from Newzoo and Carry1st. While there is limited formal console presence, Africa presents an incredible growth opportunity for this sector, particularly with the rise of live services.

“We are thrilled to join forces with Sony Innovation Fund: Africa,” said Cordel Robbin-Coker, CEO and Co-founder of Carry1st. “The relationship will help Carry1st to drive the future of gaming in Africa. At Carry1st, we believe that the African console market is a massively underestimated opportunity. Our distinct regional capabilities, paired with Sony’s expertise in gaming and entertainment, creates a powerful combination. Together, we hope to bring the best games in the world to players across Africa.”

“We are excited to welcome Carry1st as our first investment in Africa,” said Antonio Avitabile, Managing Director – EMEA, Sony Ventures Corporation. “We believe there is tremendous untapped potential for the gaming market in Africa, which we hope to experience and contribute to through our investment in Carry1st. We look forward to working closely with Carry1st’s world-class management team to support the company’s growth and explore potential business opportunities with Sony Group companies.”

About Carry1st
Carry1st is Africa’s leading publisher of games and digital content. Its mission is to scale awesome content in frontier markets by solving hard problems. Carry1st develops, licenses, and publishes games, and monetizes them effectively with Pay1st, a proprietary alternative payments platform and online marketplace for digital gaming goods. Carry1st has partnered with the likes of Activision, Supercell, and Riot Games to help scale games like Call of Duty: Mobile and Valorant and has launched games including Africa Glam (Nanobit), Mancala Adventures, SpongeBob Krusty Cook-Off, Ludo Blitz and Mine Rescue for gamers in Africa. Carry1st has raised over $60M since being founded in 2018 and counts Andreessen Horowitz (a16z), BITKRAFT, Google, Riot Games, and Nas as investors.

About Sony Ventures Corporation
Sony Ventures Corporation manages the Sony Innovation Fund (SIF), which invests in all stages of emerging technology companies as well as in startups solving global environmental challenges. SIF engages with pioneering startups to help fuel the development of disruptive technologies, launch new businesses, and contribute to the environment while seeking return on investment. Sony Ventures Corporation is headquartered in Japan. Learn more at www.sonyinnovationfund.com.

For more information, please contact:
Alexandra Lloyd at Nara Communications
Alexandra@naracommunications.com

GlobeNewswire Distribution ID 1000910969

Posted on

Wi2Wi Corporation Announces Leadership Evolution with Appointment of New CEO

TORONTO, ON / ACCESSWIRE / January 30, 2024 / Wi2Wi Corporation, a leader in precision timing devices, frequency control products, and microwave filters, is pleased to announce the appointment of Ted Clark as its new Chief Executive Officer, effective February 1st, 2024. Serving various market segments including Internet of Things (IoT), Industrial IoT, Avionics, Space, and Military, Wi2Wi is poised for continued innovation under Mr. Clark’s leadership. With his extensive expertise and proven track record in the technology sector, Mr. Clark is expected to drive significant growth and success for the company.

With over three decades of experience in the technology industry, Ted Clark has demonstrated exceptional leadership and strategic vision. He has been a pivotal figure in steering companies, ranging from Fortune 100 enterprises to innovative startups, towards groundbreaking success. His tenure as Senior Vice President at Hewlett Packard Inc., where he led the Global Notebook Business Unit to achieve the number one market share, is particularly notable.

As a Managing Partner at THCC LLC since 2013, Mr. Clark has shown an outstanding ability to drive market strategy, build operational frameworks, and execute business objectives with remarkable success. His expertise in product development, technology solutions, and IoT makes him an ideal fit for Wi2Wi’s future growth.

Wi2Wi’s Board of Directors believes that Mr. Clark’s dynamic approach to leadership, combined with his deep understanding of global technology markets, makes him the perfect candidate to lead Wi2Wi into its next phase of innovation and expansion.

"We are thrilled to have Ted Clark at the helm of Wi2Wi. His remarkable record in driving technology companies to achieve and exceed their goals assures us that Wi2Wi’s future is in capable hands. We look forward to Ted’s leadership in steering our company towards new heights in the frequency control sector," says Gary DuBroc, Chair of Wi2Wi Corporation’s Board of Directors.

Under Mr. Clark’s leadership, Wi2Wi anticipates accelerating its growth and continuing to deliver outstanding value to its customers and shareholders.

Investor & Media Contact

Dawn Leeder, Chief Financial Officer
+1-608-203-0234
dawn_l@wi2wi.com

About Wi2Wi Corporation

Leaders in Frequency Technology and Wireless Solutions
Founded in 2005, Wi2Wi Corporation has established itself as a leader in frequency control technology and wireless solutions, catering to a diverse array of industries including Avionics, Space, Industrial, and Government sectors. With our roots in innovation and precision, we are committed to delivering top-tier frequency control products and wireless connectivity solutions.

Centralized Innovation in Middleton, Wisconsin
Our Middleton facility is not just the heart of our manufacturing operations; it is a center of excellence for design and engineering, especially in timing and frequency control. Here, we combine state-of-the-art manufacturing with our laboratory’s stringent reliability and quality controls to ensure that every product we offer is synonymous with precision and reliability.

Advanced Frequency Control and Wireless Connectivity Solutions
At Wi2Wi, we specialize in advanced frequency control products, which are essential for a wide range of high-performance applications. Our products are known for their precision, durability, and innovation. Alongside these, we design and manufacture deeply integrated, end-to-end wireless connectivity solutions, offering our customers a comprehensive approach to wireless technology.

Partnerships for a Connected World
Our approach to innovation is enhanced by strategic partnerships with global leaders in technology, manufacturing, and sales. We leverage a global network of manufacturer’s representatives and collaborate with world-class distributors for efficient order fulfillment, ensuring that our advanced frequency control and wireless solutions reach a global market.

Forward-Looking Statements: This news release contains certain forward-looking statements, including management’s assessment of future plans and operations, and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, risks associated with the ability to access sufficient capital, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, stock market volatility. The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive there from. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect the Company’s operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com). Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made, and the Company undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward- looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Wi2Wi Corporation

View the original press release on accesswire.com

Posted on

Wi2Wi Corporation Announces Leadership Evolution with Appointment of New CEO

TORONTO, ON / ACCESSWIRE / January 30, 2024 / Wi2Wi Corporation, a leader in precision timing devices, frequency control products, and microwave filters, is pleased to announce the appointment of Ted Clark as its new Chief Executive Officer, effective February 1st, 2024. Serving various market segments including Internet of Things (IoT), Industrial IoT, Avionics, Space, and Military, Wi2Wi is poised for continued innovation under Mr. Clark’s leadership. With his extensive expertise and proven track record in the technology sector, Mr. Clark is expected to drive significant growth and success for the company.

With over three decades of experience in the technology industry, Ted Clark has demonstrated exceptional leadership and strategic vision. He has been a pivotal figure in steering companies, ranging from Fortune 100 enterprises to innovative startups, towards groundbreaking success. His tenure as Senior Vice President at Hewlett Packard Inc., where he led the Global Notebook Business Unit to achieve the number one market share, is particularly notable.

As a Managing Partner at THCC LLC since 2013, Mr. Clark has shown an outstanding ability to drive market strategy, build operational frameworks, and execute business objectives with remarkable success. His expertise in product development, technology solutions, and IoT makes him an ideal fit for Wi2Wi’s future growth.

Wi2Wi’s Board of Directors believes that Mr. Clark’s dynamic approach to leadership, combined with his deep understanding of global technology markets, makes him the perfect candidate to lead Wi2Wi into its next phase of innovation and expansion.

"We are thrilled to have Ted Clark at the helm of Wi2Wi. His remarkable record in driving technology companies to achieve and exceed their goals assures us that Wi2Wi’s future is in capable hands. We look forward to Ted’s leadership in steering our company towards new heights in the frequency control sector," says Gary DuBroc, Chair of Wi2Wi Corporation’s Board of Directors.

Under Mr. Clark’s leadership, Wi2Wi anticipates accelerating its growth and continuing to deliver outstanding value to its customers and shareholders.

Investor & Media Contact

Dawn Leeder, Chief Financial Officer
+1-608-203-0234
dawn_l@wi2wi.com

About Wi2Wi Corporation

Leaders in Frequency Technology and Wireless Solutions
Founded in 2005, Wi2Wi Corporation has established itself as a leader in frequency control technology and wireless solutions, catering to a diverse array of industries including Avionics, Space, Industrial, and Government sectors. With our roots in innovation and precision, we are committed to delivering top-tier frequency control products and wireless connectivity solutions.

Centralized Innovation in Middleton, Wisconsin
Our Middleton facility is not just the heart of our manufacturing operations; it is a center of excellence for design and engineering, especially in timing and frequency control. Here, we combine state-of-the-art manufacturing with our laboratory’s stringent reliability and quality controls to ensure that every product we offer is synonymous with precision and reliability.

Advanced Frequency Control and Wireless Connectivity Solutions
At Wi2Wi, we specialize in advanced frequency control products, which are essential for a wide range of high-performance applications. Our products are known for their precision, durability, and innovation. Alongside these, we design and manufacture deeply integrated, end-to-end wireless connectivity solutions, offering our customers a comprehensive approach to wireless technology.

Partnerships for a Connected World
Our approach to innovation is enhanced by strategic partnerships with global leaders in technology, manufacturing, and sales. We leverage a global network of manufacturer’s representatives and collaborate with world-class distributors for efficient order fulfillment, ensuring that our advanced frequency control and wireless solutions reach a global market.

Forward-Looking Statements: This news release contains certain forward-looking statements, including management’s assessment of future plans and operations, and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, risks associated with the ability to access sufficient capital, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, stock market volatility. The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive there from. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect the Company’s operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com). Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made, and the Company undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward- looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Wi2Wi Corporation

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Wi2Wi Corporation Announces Leadership Evolution with Appointment of New CEO

TORONTO, ON / ACCESSWIRE / January 30, 2024 / Wi2Wi Corporation, a leader in precision timing devices, frequency control products, and microwave filters, is pleased to announce the appointment of Ted Clark as its new Chief Executive Officer, effective February 1st, 2024. Serving various market segments including Internet of Things (IoT), Industrial IoT, Avionics, Space, and Military, Wi2Wi is poised for continued innovation under Mr. Clark’s leadership. With his extensive expertise and proven track record in the technology sector, Mr. Clark is expected to drive significant growth and success for the company.

With over three decades of experience in the technology industry, Ted Clark has demonstrated exceptional leadership and strategic vision. He has been a pivotal figure in steering companies, ranging from Fortune 100 enterprises to innovative startups, towards groundbreaking success. His tenure as Senior Vice President at Hewlett Packard Inc., where he led the Global Notebook Business Unit to achieve the number one market share, is particularly notable.

As a Managing Partner at THCC LLC since 2013, Mr. Clark has shown an outstanding ability to drive market strategy, build operational frameworks, and execute business objectives with remarkable success. His expertise in product development, technology solutions, and IoT makes him an ideal fit for Wi2Wi’s future growth.

Wi2Wi’s Board of Directors believes that Mr. Clark’s dynamic approach to leadership, combined with his deep understanding of global technology markets, makes him the perfect candidate to lead Wi2Wi into its next phase of innovation and expansion.

"We are thrilled to have Ted Clark at the helm of Wi2Wi. His remarkable record in driving technology companies to achieve and exceed their goals assures us that Wi2Wi’s future is in capable hands. We look forward to Ted’s leadership in steering our company towards new heights in the frequency control sector," says Gary DuBroc, Chair of Wi2Wi Corporation’s Board of Directors.

Under Mr. Clark’s leadership, Wi2Wi anticipates accelerating its growth and continuing to deliver outstanding value to its customers and shareholders.

Investor & Media Contact

Dawn Leeder, Chief Financial Officer
+1-608-203-0234
dawn_l@wi2wi.com

About Wi2Wi Corporation

Leaders in Frequency Technology and Wireless Solutions
Founded in 2005, Wi2Wi Corporation has established itself as a leader in frequency control technology and wireless solutions, catering to a diverse array of industries including Avionics, Space, Industrial, and Government sectors. With our roots in innovation and precision, we are committed to delivering top-tier frequency control products and wireless connectivity solutions.

Centralized Innovation in Middleton, Wisconsin
Our Middleton facility is not just the heart of our manufacturing operations; it is a center of excellence for design and engineering, especially in timing and frequency control. Here, we combine state-of-the-art manufacturing with our laboratory’s stringent reliability and quality controls to ensure that every product we offer is synonymous with precision and reliability.

Advanced Frequency Control and Wireless Connectivity Solutions
At Wi2Wi, we specialize in advanced frequency control products, which are essential for a wide range of high-performance applications. Our products are known for their precision, durability, and innovation. Alongside these, we design and manufacture deeply integrated, end-to-end wireless connectivity solutions, offering our customers a comprehensive approach to wireless technology.

Partnerships for a Connected World
Our approach to innovation is enhanced by strategic partnerships with global leaders in technology, manufacturing, and sales. We leverage a global network of manufacturer’s representatives and collaborate with world-class distributors for efficient order fulfillment, ensuring that our advanced frequency control and wireless solutions reach a global market.

Forward-Looking Statements: This news release contains certain forward-looking statements, including management’s assessment of future plans and operations, and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, risks associated with the ability to access sufficient capital, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, stock market volatility. The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive there from. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect the Company’s operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com). Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made, and the Company undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward- looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Wi2Wi Corporation

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BioNxt Solutions Announces Closing of Final Tranche of Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC / ACCESSWIRE / January 29, 2024 / BioNxt Solutions Inc. ("BioNxt" or the "Company") (CSE:BNXT)(OTCQB:BNXTF)(FSE:4XT) is pleased to announce that, further to its news releases dated December 21, 2023, December 28, 2023 and January 4, 2024, the Company has closed the final tranche of its non-brokered private placement in the amount of 720,000 units of the Company (the "Units") at a price of $0.40 per Unit for gross proceeds of $288,000 (the "Final Tranche"). Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of one Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to acquire an additional Share (a "Warrant Share") at a price of $0.70 per Warrant Share for a period of 24 months from the date of distribution of the Unit. The total placement size, cumulative of all tranches, is 2,920,000 Units for aggregate gross proceeds of $1,168,000 (the "Offering").

The Company intends to use the net proceeds from the Offering, including the Final Tranche, to fund activities related to drug development and commercialization programs, and general working capital purposes.

In connection with closing of the Final Tranche, the Company paid cash finder’s fees in the amount of $23,040 to an eligible finder, and issued to the same finder 57,600 non-transferable Share purchase warrants (the "Finder’s Warrants"), with each Finder’s Warrant exercisable into a Share for a period of 24 months from the date of issuance at a price of $0.67 per Share.

All securities issued in connection with closing of the Offering, including those issued in the Final Tranche, are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities.

About BioNxt Solutions Inc.

BioNxt Solutions Inc. is a bioscience accelerator focused on next‐generation drug formulations and delivery systems, diagnostic screening tests, and new active pharmaceutical production and evaluation, including: precision transdermal and oral dissolvable drug formulations; rapid, low‐cost infectious disease and oral health screening tests; and standardization and clinical evaluation of emerging active pharmaceutical ingredients for neurological applications. The Company has research and development operations in North America and Europe, with an operational focus in Germany, and is currently focused on regulatory approval and commercialization of medical products for European markets

BioNxt Solutions Inc.

Hugh Rogers, CEO and Director
Email: info@bionxt.com
Phone: +1 780-818-6422

Cautionary Statement Regarding "Forward-Looking" Information

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking information in this news release includes the anticipated use of the proceeds from the Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

SOURCE: BioNxt Solutions Inc.

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