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Comcast’s Internet Essentials Program Teams Up with Texas Education Agency to Connect Texas Students and Families with Internet Access at Home

Comcast Houston

Comcast’s Internet Essentials program and Region 4 Education Service Center (Region 4 ESC) have partnered with the Texas Education Agency’s (TEA) Connect Texas Program to ensure students within TEA’s Texas footprint have access to reliable, commercially available home-based fixed broadband internet services free of charge. Comcast is one of the service providers stepping up to ensure Texas students can reliably engage in virtual learning with its Internet Essentials service. Internet Essentials is Comcast’s signature digital equity initiative and is available for $9.95 a month (plus applicable taxes and fees). “Quality internet connectivity at home is critical for academic success, and we are proud to partner with Region 4 ESC to help reduce learning gaps and provide increased opportunities for students to have in-home access to the internet,” said Ralph Martinez, Regional Senior Vice President, Comcast Houston. "Providing stable high-quality internet to the students of Texas at home is a critical component of any long-term solution for closing the digital divide for our state,” shared Gaby Rowe, Project Lead, Operation Connectivity. “The TEA Connect Texas program is designed to empower school districts and parents to do just that." With a goal of connecting 40 to 60,000 students, the TEA Connect Texas Program (TEACT) is designed to help close the digital divide for Texas school children in kindergarten through twelfth grade and provide access to at-home connectivity and digital devices. Additionally, TEACT will provide a strong implementation and customer support structure for school systems that want to participate in a broadband roll-out program but may not currently have the available personnel or resources to administer it. Families who participate in TEA’s Connect Texas program can take advantage of Comcast’s Internet Essentials service, the nation’s largest, most comprehensive, and most successful high-speed internet adoption program for low-income households. In 10 years, it has helped connect nearly 1 million low-income Texans to broadband Internet at home, most for the very first time. Region 4 ESC, located in Houston, Texas, is the lead agency for this important program. Through OMNIA Partners’ cooperative purchasing program and partnership with Region 4 ESC, districts across Texas have the opportunity to provide home-based broadband internet access to their students. Through these combined efforts, school systems across Texas will be able to provide the fixed internet solutions their students require for ongoing access to remote educational tools and accelerated learning, which will help school systems to better address the post-COVID learning challenges many Texas students are likely to face. For more information visit: TEA Connect Texas Program Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Misha McClure +1 832-547-6783 Misha_McClure@cable.comcast.com Company Website https://houston.comcast.com/

August 25, 2021 10:00 PM Central Daylight Time

BEE adds a new visual builder to its Plugin product line

BEE

BEE, a business unit of Growens, releases a new visual builder to its Plugin product line. The embeddable popup builder offers no-code, drag & drop design capabilities for marketers to easily create popups for their digital campaigns. Popup Builder is the third digital content type that BEE has introduced. The over 600 SaaS applications that have adopted BEE Plugin can now provide their users with a single design interface for emails, landing pages and popups. Popups are becoming increasingly necessary for businesses to compete and drive customer acquisition, retention and conversion rates. Businesses that implement popups as part of their digital marketing strategy benefit from growing email lists, staying in touch with customers, increasing social media following, and driving online sales. BEE Plugin’s new popup builder can be fully embedded into any SaaS application in under 30 days. The result is a new product offer or feature that users immediately adopt due to an intuitive interface. “We are very excited about the launch of this new builder because we now provide, with a single subscription, the tools that cover the main design needs for creating online campaigns. Our clients can now provide an excellent and consistent content design experience for creating emails, landing pages, and popups. Their users no longer have to learn 3 different tools and can reuse their content across the 3 builders. It also makes life easier for our customers who don’t need to worry about maintaining multiple tools and the associated costs.” Guillermo Padilla, Head of Product “More and more SaaS applications embed BEE Plugin because it helps them deliver a fantastic user experience to their customers, while going to market much faster than if they developed their own content design tools. We are really thrilled to see adoption across many industries, including 40% of the companies in Gartner’s 2021 Quadrant for Multichannel Marketing Platforms.” said Massimo Arrigoni, CEO at BEE. About BEE: BEE provides no-code design tools that empower everyone to quickly create content that resonates. BEE’s visual builders are used to design emails, landing pages, one-page sites, and more. They deliver fantastic design flexibility and a great user experience, combining granular control on design elements with handy features like editing content directly in mobile view. BEE is building on its vision to help democratize content design, with over 4.5 million monthly sessions of its tools in over 150 countries, across 600+ applications. Contact Details Angelina Kaliszak angelina@kitehillpr.com Company Website https://beefree.io/

August 25, 2021 09:00 AM Eastern Daylight Time

Digital Equity Initiatives in Independence/Blue Springs

Comcast Greater Kansas City

One critical lesson from the COVID-19 crisis is the importance of a reliable home Internet connection. With schools closed, and people working remote, the Internet became, and still is, the sole means for connecting. But not everyone has equal access to the Internet. This is a major challenge in cities across the Kansas City metro, including Independence and Blue Springs, and it is something Comcast is working hard to address. Currently, Comcast and its partners are celebrating the 10-year anniversary of their Internet Essentials program, which is one of the longest running in-home Internet connectivity programs for low-income families in the nation. Over the last decade, Comcast has been connecting low-income Americans to the Internet through its Internet Essentials program, which has helped connect more than 10 million low-income Americans to the Internet at home including Independence and Blue Springs. While the program provides in-home broadband Internet service and an included WiFi router for $9.95/month, the onsite of the coronavirus epidemic galvanized the need for the company to try to do even more to help connect the unconnected. During the pandemic, Comcast launched two new programs to help: Lift Zones and Internet Essentials Partnership Program. Lift Zones provide free WiFi access in community centers where students and adults can get online. Lift Zones are designed to help those students who, for a variety of reasons, are unable to participate in distance learning at home. There are currently two active Lift Zones in the Greater Kansas City Area—two in Independence at the Boys & Girls Clubs. Also, during the pandemic Comcast introduced its Internet Essentials Partnership Program, designed to help accelerate Internet adoption. The program provides the opportunity for school districts and other organizations to fund and quickly connect large numbers of students and families to broadband access at home. Comcast has also partnered with the federal government’s Emergency Broadband Benefit (EBB) program to help those who need access to Internet at their home, learn virtually and stay informed. The benefit is available to new and existing Internet customers who qualify across all tiers of service. To see if you qualify go to https://www.xfinity.com/learn/internet-service/ebb. For Libet Ojeda, Internet Essentials meant educational stability for her children, continuing school online throughout 2020 and 2021, and additional language support for their Spanish-speaking family. “When the pandemic hit, I was fearful of what virtual support my family would have,” stated Libet Ojeda. “My two children are in 5th and 6th grade in the Fort Osage School District and when we had to be at home altogether we were thrilled that Internet Essentials gave us the option for uninterrupted support that was affordable. I cannot say enough about the importance the IE program has been for our family to have the stability to keep learning on the internet. My daughter suffers from dyslexia and the audio books she is able to use on her tablet has made a big difference in her progress. Without the Internet Essentials program she wouldn’t have the support she needs. My son is on the Individualized Education Plan and the IE support he continually receives for his listening and hearing needs is huge. We are a Spanish speaking family and the ability to also get language access support through the IE service has been a game changer for us and other families we know. We even received additional credits through the Comcast IE partnership with the EBB program.” “Ten years is a remarkable milestone, signifying an extraordinary amount of work and collaboration with our incredible community partners across the country,” said Dave Watson, Chief Executive Officer, Comcast Cable. “Together, we have been able to connect millions of people to the power of the Internet at home, and to the endless opportunity, education, growth, and discovery it provides. Today, we are rededicating ourselves to this mission to ensure that the next generation of students in America has the tools, resources, and abilities they need to succeed in an increasingly digital world.” “I would like to express my gratitude to the team at Comcast,” remarked Dr. Dred Scott, President & CEO of the Boys & Girls Club of Kansas City. “Adding the Lift Zones to the Independence and Olathe Clubs to help our students access the Internet is huge. During the pandemic many of our youth were forced to learn from home without having the technology, hardware and infrastructure to support that learning. I want to thank each and every member of the Comcast team that made the Lift Zone initiatives possible within our Clubs. It means so much because of the connection they have with the club. This relationship and this partnership is much more than a transactional experience.” For more information about Internet Essentials and Comcast’s commitment to education and digital equity, please visit https://corporate.comcast.com/education. Families and households can apply for the program at www.internetessentials.com or by phone at 1-855-846-8376 for English or 1-855-765-6995 for Spanish. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Jayne Siemens +1 816-289-1109 jsiemens@vencomm.com Company Website https://corporate.comcast.com/

August 25, 2021 07:00 AM Central Daylight Time

SullivanCotter Announces the Release of 2021 Physician and Advanced Practice Provider Compensation and Productivity Benchmarks

SullivanCotter

SullivanCotter, the nation’s leading independent consulting firm in the assessment and development of total rewards programs, workforce solutions, and technology and data products for the health care industry and not-for-profit sector, is excited to announce the release of its 2021 compensation and productivity benchmarks for nearly 260,000 physicians, physician leaders and advanced practice providers nationwide. Organizations are currently struggling to understand how to utilize the new survey benchmarks and effectively adjust for a number of unprecedented changes from last year and, as a result, are looking for more reliable and stable datasets moving forward. “This year more than ever, hospitals and health systems require critical data-driven insights as they look to normalize the impact of COVID-19 on clinical workforce compensation and productivity and address substantial modifications to the 2021 Physician Fee Schedule. To help clients plan for 2021 and beyond, SullivanCotter will be offering enhanced analyses and reporting as well as guidance on best practices for evaluating the newly released survey data,” said Chris Brandt, Senior Director, Data Analytics and Reporting, SullivanCotter. In addition to standard, non-adjusted benchmarks as historically reported, organizations who purchase an eligible survey report will receive complimentary COVID-19-adjusted work RVU and TCC per work RVU data – providing greater insight into the effect of the pandemic and enabling hospitals, health systems and medical groups to quickly measure the impact on compensation and productivity within their organizations. Newly available for purchase this year are three tiers of detailed productivity reporting – including monthly work RVU volumes by specialty in addition to individual CPT code level details. When combined with SullivanCotter’s innovative Benchmarks360™ platform, organizations can more effectively analyze and visualize this data with access to dynamic filters, multi-year coding profiles, and annual updates to CPT codes. SullivanCotter will also be offering adjusted benchmarks for total cash compensation, work RVUs, collections and other related ratios for use in conjunction with the 2021 Physician Fee Schedule. This includes proprietary data from SullivanCotter's 2021 surveys as well as other third-party market datasets (with appropriate licensing and non-disclosure agreements in place). The 2021 surveys are now available for purchase at SullivanCotter.com. To learn more about this year’s enhanced reporting and analyses, please contact surveys@sullivancotter.com or dial 888.739.7039. About SullivanCotter SullivanCotter partners with health care and other not-for-profit organizations to understand what drives performance and improve outcomes through the development and implementation of integrated workforce strategies. Using our time-tested methodologies and industry-leading research and information, we provide data-driven insights, expertise, data and technology products to help organizations align business strategy and performance objectives – enabling our clients to deliver on their mission, vision and values. Contact Details Becky Lorentz +1 314-414-3719 beckylorentz@sullivancotter.com Company Website https://sullivancotter.com

August 24, 2021 02:42 PM Central Daylight Time

Tech cross-border M&A on record pace in First Half of 2021 according to data from Velocity Global and PitchBook

Velocity Global

Deal multiples return to 2019 levels Cross-border software deals skyrocket Cross-Border M&A Monitor: Tech Sector released today Cross-border tech merger and acquisition deals accelerated in the first half of 2021, on a record pace in transactional volume. That data from PitchBook was released today in the Cross-Border M&A Monitor: Tech Sector published by Velocity Global, the leading provider of global employment solutions. The late surge of activity in 2020 continued through the first half of this year with approximately 1,000 cross-border tech deals closed, for an aggregate of $139.9 billion. “The deal multiple increased in the first half of this year and returned to 2019 levels, which indicates investor confidence in global economic recovery,” said Rob Wellner, Velocity Global chief revenue officer. “Increased multiples drive an even greater need for pre-deal preparation and successful integration after close.” Software value already tops 2020 The value of cross-border M&A deals for Software companies in the first six months of 2021 already topped full-year values for 2020 at over $100 billion. “The pandemic accelerated digital transformations, funneling budgets to build or buy the necessary tools,” added Wellner. “The acquirers are tech and non-tech alike, with tech adding to their stack, and non-tech adding to their in-house capabilities.” Pandemic Operations Drive Cross-Border M&A Interest As evidenced by the increase in median deal size in cross-border tech M&A, dealmakers paid up with confidence. Cross-border acquisitions require businesses to navigate a distributed workforce, and the global pandemic prompted companies of all sizes to invest in the proper resources. “Integration will always have complexities like country-specific labor laws and regulations, but companies are more willing than ever to invest in cross-border diversification and leverage tools to manage a distributed workforce,” said Wellner. “Work from home is really no different than work from another country as it relates to workflow and employee engagement.” Download the Cross-Border M&A Monitor: Tech Sector here. About Velocity Global Velocity Global accelerates the future of work beyond borders. Its global work platform simplifies the employer and employee experience through proprietary cloud-based workforce management technology, personalized expertise, and unmatched scale. As the largest global Employer of Record (also known as International PEO) in 185 countries and all 50 United States, more than 1,000 brands rely on Velocity Global to build global teams without the cost or complexity of setting up foreign legal entities or state registrations. The company offers additional services including Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors. Velocity Global was named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across five continents. For more information visit velocityglobal.com. Contact Details John Hall +1 720-650-4348 news@velocityglobal.com Company Website https://velocityglobal.com/

August 24, 2021 07:02 AM Mountain Daylight Time

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CSG Systems International Approves Quarterly Dividend

CSG

CSG ® (NASDAQ: CSGS) today announced that its Board of Directors approved the Company’s quarterly cash dividend payment of $0.25 per share of common stock to be paid on Sept. 28, 2021 for shareholders of record as of the close of business on Sept. 15, 2021. About CSG For more than 35 years, CSG has simplified the complexity of business, delivering innovative customer engagement solutions that help companies acquire, monetize, engage, and retain customers. Operating across more than 120 countries worldwide, CSG manages billions of critical customer interactions annually, and its award-winning suite of software and services allow companies across dozens of industries to tackle their biggest business challenges and thrive in an ever-changing marketplace. CSG is the trusted provider for driving digital innovation for hundreds of leading global brands, including Airtel Africa, América Móvil, AT&T, Charter Communications, Comcast, DISH, Formula 1, Hutchison 3 Indonesia, Inmarsat, Mastercard, Maximus, Microsoft, Mobily, MTN, New Leaf Service Contracts, State of California DMV, TalkTalk and Telstra. To learn more, visit our website at csgi.com and connect with us on LinkedIn and Twitter. Copyright © 2021 CSG Systems International, Inc. and/or its affiliates (“CSG”). All rights reserved. CSG® is a registered trademark of CSG Systems International, Inc. All third-party trademarks, service marks, and/or product names which are referenced in this document are the property of their respective owners, and all rights therein are reserved. Contact Details CSG John Rea +1 210-687-4409 tammy.hovey@csgi.com Company Website https://www.csgi.com

August 24, 2021 06:30 AM Mountain Daylight Time

Blockchain Security Firm CYBAVO Raises $4 million in Pre-Series A Funding Round

CYBAVO Inc.

SINGAPORE - Media OutReach - 23 August 2021 - Singapore-based blockchain security firm CYBAVO announces that it has raised $4 million USD in its Pre-Series A funding round. The round, completed in June, was co-led by global venture capital firm 500 Startups, Taiwan’s H&D Asset Management Company and New Economy Ventures. Other investors from Taiwan, Silicon Valley, Singapore, Hong Kong and Japan also participated in the round. “The company intends to use the latest funding to fuel expansion in the East Asian, European, and North American markets,” says Paul Fan, CEO of CYBAVO. “The funds will also be used for continued investment in the research and development of cybersecurity and blockchain technology, and to further raise the level of customer and product satisfaction.” Digital asset custody and management is a USD $20 billion market, but not many companies offer end-to-end turn-key solutions for enterprises and institutional investors. CYBAVO offers these investors a solution to achieve frictionless adoption of crypto assets with a focus on digital asset security and regulatory compliance. This year, CYBAVO was accepted into 500 Startups’ flagship accelerator program. Through the program, it will have access to its global network of mentors, founders, and industry stakeholders. The company also opened its first European office in Luxembourg and completed Fit 4 Start, Luxembourg’s leading startup acceleration program. The program provided CYBAVO with tailored coaching, funding, access to key network connections, and advice on regulations and the market in Europe. In June, CYBAVO won first place in SelectUSA Investment Summit’s Cybersecurity pitching session, a program led by the U.S. Department of Commerce. These achievements further showcase the company's intent to deliver a successful international expansion. "The digital asset market has grown rapidly over the past couple of years, but the market lacks a secure institutional grade end-to-end solution. Thanks to the experience and vision of CYBAVO’s founding team, we think there’s great potential for the company to develop into a full-stack digital asset management platform," said Shawn Chu, Principal at 500 Startups. When asked about his insights on the future of digital assets, Managing Partner at New Economy Ventures Ethan Tsai said, “We are optimistic about the future growth and development of digital assets and blockchain technology and we are particularly interested in partnering with technology companies that can provide infrastructure for crypto assets. We believe CYBAVO can leverage its long-term technical and talent advantage in cybersecurity to address the huge market potential of "real assets to crypto assets".” “With an ever-increasing number of transactions taking place, cryptocurrency and digital assets are undoubtedly one of the fastest growing trends today. The protection of these assets is the basic building block of this industry, and one of the most important issues the industry must tackle is how to manage private keys in a secure and efficient way. I'm very glad that the team at CYBAVO can present an unrivaled solution for private key management. This solution not only provides security, but it’s also an end-to-end, intuitive and easy-to-use system that increases operational efficiency. We trust that CYBAVO's institutional wallet solution will make transactions in cryptocurrency as safe and convenient as transactions in traditional banking institutions we've come to trust. Here at H&D Asset Management we're happy to be a part of CYBAVO's growth, and proud to witness its journey to becoming a leading organization in the cryptocurrency industry,” said Chu Ping-Yu, Chairman of the Board at H&D Asset Management. CYBAVO is the leading provider for blockchain security solutions in Asia Pacific. Its extensive list of enterprise customers include cryptocurrency exchanges, fund management companies, cryptocurrency wallet providers, and fintech service providers. The company is insured by S&P AA-rated global reinsurance company, and holds certifications for ISO 27001 and NIST’s Cryptographic Module Validation Program. About CYBAVO CYBAVO was established in 2018 by a team of cybersecurity veterans with backgrounds in blockchain security, cryptography, computer security, malware analysis and web security. Its mission is to provide the most advanced digital asset custody by developing a custom security-hardened operating system, patented encryption technology, and a highly secure sandboxed environment to deliver its suite of solutions, including its flagship product, the CYBAVO VAULT. Contact Details Lucia C., Marketing Manager lucia@cybavo.com

August 23, 2021 10:00 AM Eastern Daylight Time

"AI Day 2021" to bring together world’s top-notch AI experts and researchers

Vingroup

HANOI, VIETNAM - Media OutReach - 23 August 2021 - The online event AI Day 2021 – Empowering Innovations, organized by VinAI Research (the tech arm of Vingroup) will be held on August 27, 2021, aiming to unlock solutions to developing artificial intelligence in Vietnam. The event anticipates up to 2,000 participants, for the first time bringing together the world's top-tier experts in AI and leading researchers in Vietnam to share ideas and perspectives. The event will be held online for 2 days, August 27- 28, 2021. The goal of AI Day 2021 is to promote AI research, development and application; contribute to solving challenging problems in the socio-economy; and help Vietnamese businesses apply new technologies to optimize their competitive advantages. AI Day 2021 will feature 3 themes: “AI in Research and Development”, “AI for Innovations & Global AI Products” and “AI for Education”. In particular, the topic “AI for Innovations” will bring new perspectives on the application of AI in solving business challenges. Moreover, at AI Day 2021, autonomous vehicles will be introduced to the Vietnamese public for the first time in terms of technical aspects and approach, with in-depth analysis from AI experts. Key speakers at AI Day 2021 are the world’s most prestigious and influential AI researchers. One of them, Prof. Michael I. Jordan, the pathfinder of modern-day AI and Machine Learning (ML), will share his expert perspective on AI and speak at the first panel discussion on the morning of August 27. In 2016, he was named the “most influential computer scientist” worldwide by Science Magazine. Dr. Hung Bui (Director of VinAI Research) will join him in the discussion. The world-famous speakers line-up at AI Day 2021 also includes Dr. Oren Etzioni (CEO of Allen Institute for AI – the research institute founded by late Microsoft co-founder, billionaire Paul Allen), Professor Masashi Sugiyama (Director, RIKEN Center for Advanced Intelligence Project, Japan's No. 1 Research Institute for AI), Dr. Marian Croak (Vice President of Engineering at Google), Royal Society Research Professor – Dr. Andrew Zisserman (Department of Engineering Science, University of Oxford) and many other reputable experts. “Over the years, AI has become an effective tool that helps solve difficulties as well as create many opportunities for Vietnamese businesses. Despite possessing great potential, the development of AI within the country still faces many challenges. As a leader in AI research and application in Vietnam, we aim to bring Vietnamese AI research and products to the world. Through AI Day 2021, VinAI wants to build a sustainable bridge between the world AI community and Vietnam, at the same time, help research teams and businesses solve challenges as well as improve technical competency, gradually reaching out to the world,” Dr Hung Bui, Director of VinAI Research shared. This is the third time AI Day has been held in Vietnam, the event is expected to attract thousands of online participants. The innovations in the event program as well as the gathering of leading names in the industry have confirmed the constant growth of VinAI. Nearly 3 years from establishment, besides world-class research papers published at the top-tier AI conferences such as ICML, NeurIPS, CVPR, etc.,VinAI also laid the foundation for a future generation of AI professionals with the AI Residency program for outstanding university students. After 2 years, the first batches of residents in the AI Residency program have published 15 research papers at leading AI conferences. Nineteen full PhD scholarships at universities in the top 20 for Computer Science have been granted to residents, who are on their way to continue their AI research dream. VinAI is also the successful developer of advanced technologies such as the world's top 6 facial recognition technology, AI perception algorithm in smart cars, driver monitoring system, and AI technology for data management. These products altogether contribute to bringing VinFast upcoming smart cars to Vietnam and global markets. In the future, VinAI will continue to enhance the commercialization of AI products to serve all potential customers in Vietnam and global market, with the goal of creating products with great values and best experiences for users. “AI Day 2021: Empowering Innovations” will be live-streamed on VinAI Youtube channel for 2 days, August 27 and 28. Register to join the event here (https://forms.gle/LKzRY1H7L5sbZMEj9) to get a chance to receive prizes from the organizers. For further information, please go to: https://www.vinai.io/aiday2021/ #VinAIResearch Contact Details Vingroup v.nammh@vingroup.net Company Website https://www.vingroup.net/en

August 23, 2021 09:00 AM Eastern Daylight Time

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VinFast partners with Gotion High-Tech in LFP battery cell R&D

Vingroup

VinFast LLC and Gotion High-Tech Co., Ltd (China) - a reputable name in the global clean energy sector - signed an MoU, focusing on the procurement of Gotion LFP batteries and discussion of the possibility to establish a Giga Factory - the first-ever LFP battery cell production facility in Vietnam. HANOI, VIETNAM - Media OutReach - 23 August 2021 - According to their agreement, VinFast and Gotion High-Tech will jointly carry out the R&D and production of lithium iron phosphate (LFP) batteries. LFP battery is currently the most mainstream battery technology in the global new energy vehicle market, with unique advantages of high safety and long life. It is worth noting that LFP batteries can be produced without using expensive and rare materials such as cobalt and manganese that are harmful to workers and the environment. In addition, the price of LFP batteries is competitive, which reduces the production cost of electric vehicles, especially small and medium-sized vehicles. Gotion High-Tech is a leading manufacturer of LFP batteries for electric vehicles, energy storage systems, and other applications in China and across the world. The company has also had many years of experience in battery research & development and boasts thousands of patents and licensed technological applications. So far, Gotion High-Tech has founded 8 R&D centers in China, the US, Japan, Singapore, Germany and India. Chairman of Gotion High-Tech Mr. Zhen Li shared: "Gotion High-Tech will definitely use its cutting-edge technology and rich experience in battery manufacturing to fully support VinFast's electrification strategy. VinFast electric models equipped with Gotion batteries must also be popular among consumers. Let us work together to advance the development of the new energy industry and accelerate the realization of the goal of "carbon neutrality" between China and Vietnam and the world." For VinFast, exploring the local production of LFP batteries in Vietnam is part of the car maker's efforts to establish a clean energy ecosystem and localize parts supply. "The collaboration with such a prestigious battery manufacturer in the world as Gotion is among VinFast's essential action plans for developing its smart electric cars and complete supply chains. Our ultimate objective is to establish a clean energy ecosystem, contributing to cutting carbon emissions in Vietnam as well as in VinFast's global markets." – said Thai Thanh Hai, Vice Chairwoman of Vingroup. To reinforce its electrification strategy, VinFast has been fostering collaborations with a number of prestigious partners around the world, including those from Israel, Taiwan, the US, etc., These ties are aimed at boosting R&D and application of the most advanced battery technologies, such as solid-state battery, extreme fast charging, new materials, new battery designs, etc. These technologies are expected to allow new batteries with high energy density, longer ranges for EVs, superior safety, longer lifespan, cost optimization and eco-friendliness. In addition, Vingroup has recently established VinES Energy Solutions JSC focusing on research and manufacture of batteries for electric vehicles. VinFast also has plans to build production facilities for battery and charging equipment in the US and Europe, as part of its global expansion strategy. By taking drastic actions, VinFast is gradually realizing the goal of becoming a leading global electric vehicle company and affirms its strong commitments to speeding up the trend of green transportation around the world. About Vingroup and VinFast As the largest private conglomerate in Vietnam and one of the largest in Asia, Vingroup is currently doing business in three core sectors namely technology, industry and services. In all sectors it has participated in, Vingroup is always a pioneer that leads market trends and creates world-class products and services of Vietnam. Find out more at: https://www.vingroup.net/en. VinFast - a member of Vingroup - is Vietnam's leading manufacturer of premium automobiles and the first Vietnamese automotive brand to launch in global markets. Established in 2017, VinFast's state-of-the-art, 90% automated manufacturing complex in northern Vietnam is one of the largest in Southeast Asia. Designed to be one of the world's leading smart electric mobility companies, VinFast currently produces several models of electric scooters and buses in Vietnam, and will launch three new electric SUVs - VF e34, VF e35 and VF e36 respectively of C, D and E classes - in Vietnam, North America and Europe in 2021 and 2022. About Gotion High-Tech Gotion is a technology-driven international company which focuses on power battery development and production. Gotion was founded in 2006 and went public in May 2015 as China's first power battery company to enter the capital market. Gotion specializes in batteries for new energy vehicles, energy storage application, power transmission and distribution equipment, and other new energy business, and now has 10 production bases in China. In addition, Gotion has built 8 R&D centers in Hefei / China, Shanghai, Silicon Valley, Cleveland, Tsukuba / Japan, Singapore, Germany, and India. Gotion has more than 2,000 professional R&D engineers and scientists and has been granted 2,797 patents in different fields. #Vingroup #VinFast #Gotion Contact Details Vingroup v.nammh@vingroup.net

August 22, 2021 09:30 PM Eastern Daylight Time

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