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U Power And Velo Labs Team Up To Create Battery Bank Trading And Funding Platform

Benzinga

By Meg Flippin, Benzinga U Power Limited (NASDAQ: UCAR), the Chinese EV power solution company that offers a proprietary battery-swapping technology, is setting out to further electrify the market via a deal with Velo Labs Technology Ltd., a global fintech company. The two have entered into a memorandum of understanding to establish a battery infrastructure investment ecosystem in Thailand. The idea is to create a battery bank asset and fund trading platform based on Velo's blockchain technology. Through the platform U Power and Velo Labs hope to attract external funding to promote the large-scale development of the battery bank industry. A battery bank is a collection of batteries that are connected and store energy together. For EVs, the idea of the industry is to create battery bank stations around the country where drivers quickly swap out dead batteries for new ones. The trading platform would integrate battery assets from various "UOTTA" battery bank scenarios, including batteries for four-wheel and two-wheel electric vehicles, batteries from various battery swap stations and batteries used in energy storage projects. "Our partnership with Velo Labs demonstrates that as electric vehicles and other green applications develop on a large scale, battery banks will become increasingly important,” said Jia Li, Chairman and CEO of U Power, when announcing the deal. “Once the value system and trading model for battery assets are established, more investors will be attracted to enter this vast market in the future. Our UOTTA battery swap business serves as an ideal carrier for this model and will generate consistent returns for our shareholders." U Power’s Edge With U Power’s advanced technology, consumers and fleet operators can replace dead EV batteries with fully charged ones in under five minutes. That removes the time challenges, and with swapping stations eventually located throughout China, it eliminates the fear of running out of battery life. As of March 2023, U Power had a vehicle sourcing network of about 100 wholesalers and 30 dealers across China’s lower-tier cities. Last year, it sold and delivered six battery-swapping stations to four customers. All told, it has already sold eleven battery-swapping stations. As part of the collaboration between U Power and Velo Labs, the two will manage the entire lifecycle of battery assets, including battery cascade utilization, dismantling and environmentally friendly disposal and comprehensively improving battery utilization rates and residual value, U Power says. Velo Labs is a fintech based in the British Virgin Islands. It was co-founded in 2018 by Chatchaval Jiaravanon, a member of the Charoen Pokphand Group, which is Thailand's largest conglomerate. Velo Labs aims to create a trustless financial infrastructure that supports cryptocurrency payments and smart contracts, making financial transactions cheaper, faster and more accessible. Battery Swapping Trending U Power and Velo Labs collaboration comes at a time when battery swapping could be set to grow in China as the country embraces EVs as a way to fight global warming. The market size for battery swapping and electric commercial vehicles is projected to reach RMB 176,615.1 million in 2026, growing at a CAGR of 68.1% from now until then, according to a report by Frost & Sullivan cited by U Power. U Power is aiming to capitalize on it by forging partnerships and innovating in the market. In addition to its deal with Velo Labs, U Power counts Dutch electric vehicle company UNEX as well as Cornerstone Technologies Holdings Limited as partners. The EV market seems to be poised for growth as the world looks for greener alternatives, and trading the energy being collected and stored could emerge as a key trend. U Power and Velo Labs are banking on that with this collaboration. Featured photo by israel palacio on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 10, 2024 08:30 AM Eastern Daylight Time

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SBC Medical Group (Nasdaq: SBC) Earnings Update: H1 2024 Revenue Up 29% And Net Income Up 123%

Benzinga

By Gerelyn Terzo, Benzinga After successfully completing its business combination with Pono Capital in September, SBC Medical Group (NASDAQ: SBC) has been trading on the Nasdaq under the symbol “SBC”, marking a key moment in its transition as a global company The listing on the Nasdaq is expected to provide SBC Medical with access to capital while bolstering its partnership opportunities and paving the way for an expansion in the U.S. and South Asian markets. Tokyo-based SBC Medical has already gained a reputation as a go-to medical services company specializing in the aesthetic medical industry. After paving the way in Japan, where it reports it has built the biggest network of franchised clinics in the country, SBC Medical has now set its sights on an international expansion, including the broader South Asian and U.S. markets, where it intends to maintain the high standards which drove its growth in Japan. Led by renowned industry executive Dr. Yoshiyuki Aikawa, SBC Medical seems to have the wind at its back, as evidenced by a strengthening balance sheet in H1 2024. Despite economic headwinds, the company continued to grow its available cash in the period in excess of $115 million on a pro forma combined basis while also managing to increase net income more than twofold year-over-year and growing revenue while honing expenses. SBC Medical’s Financial Performance In H1 2024, SBC Medical reported revenue of $107.9 million, an increase of 28.6% compared to $83.9 million in the first half of 2023. SBC Medical more than doubled its net income to $37.2 million from $16.6 million in H1 2023. Growth Opportunities In Japan Given SBC Medical’s performance so far in 2024, the company has set its sights on further growth opportunities, particularly in Japan, where it says it already enjoys a competitive advantage. SBC recognizes an opportunity for further growth there as it continues to solve some critical pain points for doctors, allowing physicians to focus on their patients. SBC Medical’s fully digitized integrated system streamlines processes like customer flow and human resources, while its educational system offers a quality patient experience at its franchisees. Additionally, SBC’s extensive network of franchise clinics empowers doctors to hone their skill sets in diverse medical treatments. As for its expansion, SBC Medical is targeting adjacent areas such as fertility treatments, hair loss solutions and online clinic services, all of which present robust growth and profit potential. The company believes its reputation should pave the way for strategic business-to-business partnerships to accelerate growth. SBC Medical seems well-positioned to capitalize on these opportunities with its strong balance sheet. With its recent listing, SBC Medical’s growth story is just getting underway. Investors who are interested in taking a front seat to the action can learn more about the company here. Featured photos courtesy of SBC Medical Group. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 10, 2024 08:30 AM Eastern Daylight Time

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Aeva Enables Customers To Go Where They Have Never Gone Before – Looking Into Automated Vehicles And Network Effects From An Expanding List Of Customers

Benzinga

By Meg Flippin, Benzinga Keep a look out for more Aeva Technologies Inc. announcements here. From self-driving trucks that can safely achieve highway speeds to autonomous vehicles that can easily navigate cities, Aeva Technologies Inc.’s (NYSE: AEVA) Frequency Modulated Continuous Wave (FMCW) 4D LiDAR technology is breaking barriers, enabling its growing customer base to go where they have never gone before. Aeva’s advanced LiDAR technology uses a low-power continuous laser beam to measure range and velocity simultaneously, which it says unlocks new levels of safety and automation by instantaneously discriminating between moving and non-moving points and knowing the precise velocity of objects in motion. Instant velocity data gives real-time insight into how an object’s position changes, giving the vehicle’s computer a more accurate picture to help plan its next move. These sensors can also achieve highway speeds and do it safely. It’s something that’s eluded the industry so far, with many vehicles with automated driving functionality only achieving top speeds of 35 to 45 MPH, which is sub-optimal for highway driving. For the automotive industry to move to autonomous vehicles, it must sustain tackling city streets and importantly highway speeds safely. Reimaging Self-Driving Trucks for Safety At Scale It’s the reason Daimler Truck AG and Torc Robotics, an independent subsidiary of Daimler Truck, tapped Aeva to power its self-driving trucks of the future and enable a highway driving operational design domain (ODD). The world's largest commercial vehicle manufacturer recently inked a multi-year OEM deal with Aeva with an estimated order book of $1 billion in which Daimler is using Aeva’s sensors in its Class 8 Freightliner Cascadia autonomous truck platform. These are heavy-duty trucks that spend most of their time on interstates hauling cargo to and from major logistics hubs. The industry sees heavy-duty trucking as an area rife for autonomous vehicles given the severe shortages of drivers in that segment of the market. “There’s a strong need for something that drives on interstates at high speeds of 65 miles per hour,” says Peter Vaughan Schmidt, CEO of Torc. “That’s the problem Torc is trying to solve and found a solution with Aeva.” For self-driving heavy-duty trucks to become a reality, Schmidt says they have to be ultra-precise in understanding their environment so they can react and plan ahead, and that’s what he said Aeva’s sensors enable. That, Aeva says, is achieved through things like Ultra Resolution, a real-time camera-level image that provides up to twenty times the resolution of legacy LiDAR sensors. Another key feature of Aeva’s technology is its small road hazard detection at highway speeds. Aeva says it can detect hazards twice the distance of what is possible today. All told its sensors can see 500 meters away. On top of all that, Aeva’s FMCW technology is resistant to interference from sunlight and other LiDAR sensors, including Aeva sensors, ensuring performance across a wider set of lighting conditions and when used near other LiDAR-equipped vehicles. “We are designing to scale by year 2027 and it doesn’t mean prototype trucks, it means you can go to a Freightliner dealer and buy a Cascadia Truck,” says Schmidt. Navigating City Streets Safely But Daimler Truck and Torc aren’t the only ones that are tapping Aeva’s LiDAR sensors to take their autonomous driving platforms to the next level. May Mobility, the Ann Arbor, Michigan, company which makes self-driving cars for cities around the world, is also turning to Aeva to realize its safe self-driving plans. What May Mobility says sets it apart is its focus on creating self-driving technology that can safely handle the unexpected and plan for what may happen next on a city street. That enables the vehicles to drive safely in any situation no matter how unique. To make it a reality, May Mobility, which counts Toyota Motor Corp. (NYSE: TM) as a customer, selected Aeva to be the exclusive supplier of long-range LiDAR sensors for May Mobility’s autonomous vehicles globally. The multi-year supply agreement provides five-year volume commitments through 2028, with deliveries already begun last year and production ramping in 2025. “Aeva’s long-range 4D LiDAR technology provides unique and exciting new capabilities for our autonomous stack and aligns well with our technology and commercialization roadmap,” Edwin Olson, co-founder and CEO at May Mobility, said when announcing the deal. “We’re thrilled to partner with Aeva on our mission to reimagine transportation by developing and deploying autonomous vehicles that get people where they need to go safely and easily.” More To Come For Passenger Vehicles? Earlier this week, Aeva announced that a major European Passenger OEM selected Aeva’s 4D LiDAR for its automated vehicle validation program. The OEM will leverage Aeva’s FMCW technology, with its instant velocity data, to gather real-world data, to benchmark and validate its next-generation vehicle automation and assisted driving systems. In addition, Aeva has said it is engaged and progressing on multiple ongoing production program RFQs with global top-10 passenger OEMs, suggesting more vehicle manufacturers are looking to leverage Aeva’s FMCW LiDAR for their production vehicle programs to enable new capabilities for advanced driver assistance and autonomous systems. The company has said that some of these OEMs are expected to make award decisions in the coming months. A new major passenger vehicle manufacturer adopting Aeva’s technology in its production vehicles can be a potential massive boost for the company and cement the shift in the industry to its FMCW-based perception technology that the company has been talking about. From heavy-duty trucks to robotaxis, and increasingly passenger vehicles at mass scale, Aeva is helping its customers go beyond what they imagined before, thanks to its advanced 4D LiDAR and perception software technology. Learn more about Aeva Technologies Inc. by checking out its investors deck here. Featured photo by Emmanuel Acua on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 10, 2024 08:20 AM Eastern Daylight Time

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SUNGLASS HUT HOSTS SHOPPING EXPERIENCE AT GEORGETOWN, D.C. STORE IN CELEBRATION OF HOMECOMING SEASON

Sunglass Hut

Sunglass Hut, the world’s premier destination for high-quality sunglasses and member of Luxottica Group S.p.A, is set to host an exclusive shopping event to celebrate Howard University’s Homecoming with a special event hosted by Beauty and Style Expert Blake Newby. The event will be taking place on Thursday, October 17 th at the Sunglass Hut store located in Georgetown. The Shades and Shine Sunglass Hut Homecoming Celebration invites students, alum, and consumers to preview an array of eyewear selections, learn about Sunglass Hut ’s customization program for personalized glasses and case options, and benefits of The Sun Club loyalty program. To continue revolutionizing sunglasses style, care, and quality, Sunglass Hut aims to connect with consumers, media, and influencers on the multifunctional selection of available frames and inspire self-expressions through eyewear. Sunglass Hut has partnered with Creator, and Howard University alumnae Blake Newby to host and offer her top styling tips and sunglasses recommendations. Utilizing Sunglass Hut ’s Smart Shopper digital interactive platform, guests can explore the vast inventory of brands, styles, and colors at their fingertips to create a custom pair and order directly to their home. The event features interactive activations with renowned Black and woman owned beauty brand The Lip Bar for skincare and makeup product trial and gifting, along with eyeglass chain customization in-store. Light refreshments and music by DJ Soul Sugar will be provided, and guests can explore the aisles to discover new arrivals and best-selling selections, with a special in-store promotion available from select brands. "We're thrilled to host this special event at our Georgetown flagship store! It’s a fantastic opportunity to connect with our community, showcase our exclusive collections, and celebrate the loyalty of our valued members", notes Sunglass Hut. We are excited for the Shades & Shine Event to show our commitment to providing our customers with an engaging experience.” As an integral part of the DC shopping community, Sunglass Hut aims to have the Shades and Shine Event create a memorable experience to prepare guests for an eventful weekend. For more information on Sunglass Hut, please visit www.sunglasshut.com ABOUT SUNGLASS HUT Founded in 1971, Sunglass Hut has grown into the best curated destination for the most sought-after high-quality fashion and performance sunglass brands, with more than 16,000 North America retail locations. Stores can be found in fashionable shopping districts across the globe, from the Americas, Europe and the Middle East to Australia, South Africa, China, Southeast Asia and beyond, providing consumers with a fun, highly engaging shopping experience in-store and online. www.sunglasshut.com. Part of the Essilor Luxottica Group, the world's leading manufacturer and distributor of eyewear. https://www.sunglasshut.com/ Contact Details First and Last PR First and Last PR sunglasshut@firstandlastpr.com Company Website https://www.sunglasshut.com/us

October 10, 2024 08:00 AM Eastern Daylight Time

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CURE ALZHEIMER’S FUND RECEIVES $338,384 DONATION FROM TARA MANUFACTURING

Alzheimer’s Disease Research Foundation

Cure Alzheimer's Fund, a non-profit organization that funds research into Alzheimer’s disease received a significant donation from Tara Manufacturing, a leading innovator in pool and outdoor products. The largest in its history to a non-profit, the $338,384.01 donation represents 100% of proceeds from the sales of Tara's Celestial Skies pattern, a unique product designed to support Alzheimer's research and honor the company's founder, Marshall Richardson. “Celestials Skies is truly a pattern with a purpose,” said Meg Smith, CEO of Cure Alzheimer’s Fund. “To the entire Tara team, i2M and your community of distributors and customers, thank you for choosing CureAlz. We are honored and immensely grateful to be the recipient of your philanthropy and inspired by your commitment to raising awareness in your community and industry. Your generosity will truly make a difference.” The Celestial Skies pattern was launched in celebration of Tara's 40th anniversary, embodying the company's commitment to giving back to the community and inspired by founder Marshall Richardson's values of innovation and charity. “We are incredibly proud of the Celestial Skies initiative and what it has accomplished in support of Alzheimer’s research,” said Tara Furlough, CEO of Tara Manufacturing. “The dedication of our employees, partners, and customers has made this donation possible, and we’re honored to play a part in helping find a cure.” “This partnership has shown the power of collaboration between businesses to support a meaningful cause,” said Alex Grover, CEO of i2M, the supplier of the Celestial Skies material. Grover presented an additional $5,000 donation raised by i2M in support of the cause. “We are grateful to have worked with Tara Manufacturing on this project, and it’s inspiring to see the positive impact we’ve been able to make together.” Tara Manufacturing, is a leading innovator in pool and outdoor products. Founded in 1984, Tara Manufacturing is a second-generation family-owned business based in Owen’s Cross Roads, Alabama. Specializing in high-quality pool liners, safety covers, sun shades and custom fabrications, Tara is committed to innovation, excellence and community support. I2M is a leading manufacturer of specialized materials serving a variety of industries, including pool liners and outdoor products, based in Mountain Top, Pennsylvania. Known for its innovation and quality, i2M is dedicated to supporting initiatives that make a positive impact on communities. Cure Alzheimer’s Fund is a nonprofit dedicated to funding the most promising research to prevent, slow or reverse Alzheimer’s disease. Since its founding in 2004, Cure Alzheimer’s Fund has provided 884 grants to more than 300 of the world’s leading researchers and contributed $209 million to research. Its funded initiatives have been responsible for many key breakthroughs in understanding the causes and pathology of Alzheimer’s disease. Cure Alzheimer’s Fund has received a 4-star rating for more than 12 consecutive years from Charity Navigator. Our Board of Directors, Trustees and a core group of other donors direct their donations to CureAlz overhead expenses so that 100% of general donations go to our research program. For more information, visit CureAlz.org. To learn about the impact of Alzheimer’s on women and women working toward a cure, visit WomenandAlzheimers.org. Contact Details Barbara Chambers +1 781-304-4510 BChambers@CureAlz.org Company Website https://curealz.org

October 10, 2024 05:55 AM Eastern Daylight Time

Edit Suits Co. Introduces New Service to Help Men Build Flexible Business Casual Wardrobes

Rev Up Marketers

As more companies shift towards business casual dress codes, Edit Suits Co. is pleased to announce the launch of a new style advisory service. This service aims to assist men in creating versatile wardrobes suitable for both formal and business casual occasions. With the decline of formal dress codes, the traditional suit is no longer a daily necessity. However, this has introduced a new challenge for men: finding coordinated and stylish combinations of jackets, trousers, and shirts. To address this, Edit Suits Co. has developed a service focused on three key principles to ensure every wardrobe remains adaptable and fashionable: Choose Softer Jacket Fits: To achieve a wardrobe that transitions effortlessly from formal to casual, opt for softer fits with soft shoulders and construction. Structured jackets are typically reserved for formal wear, while softer styles work well in both formal and casual settings. Select Textured Fabrics: Fabric selection is crucial when wearing separates. Worsted wool, commonly used for formal suits, may seem out of place when worn as separates. Instead, textured fabrics such as high-twist wool, hopsack, linen, flannel, or brushed cotton are ideal for creating versatile and intentional separates. Opt for Versatile Colours: When building a flexible wardrobe, stick to timeless colours such as blues, greys, browns, and greens. Midnight blue jackets, charcoal trousers, and light beige separates can be easily mixed and matched, ensuring a sharp appearance for any occasion. To experience the new style advisory service and create a personalised, versatile wardrobe, visit one of the Edit Suits Co. showrooms in London, Birmingham, Manchester, or Leeds. About Edit Suits Co.: Edit Suits Co. is a leading provider of custom menswear that specialises in crafting bespoke wardrobes, versatile custom suits, jackets, trousers, and shirts. Their experienced team work closely with each client to create a wardrobe that combines style and confidence in every setting. For more information on how to build a versatile wardrobe visit www.editsuits.com or contact care_uk@editsuits.com. Contact Details Edit Suits Co. Laura Wood +44 20 3795 9003 care_uk@editsuits.com Company Website https://www.editsuits.com

October 10, 2024 04:29 AM Eastern Daylight Time

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AGC Biologics Begins Operations at New State-of-the-Art Manufacturing Building in Copenhagen after Successful Inspection and Licensing from Danish Medicines Agency

AGC Biologics

AGC Biologics, a leading global Biopharmaceutical Contract Development and Manufacturing Organization (CDMO), announced today the successful completion of the final milestone at its new manufacturing building at its Copenhagen site. The site received authorization and a license to begin production from the Danish Medicines Agency for its new four-story 19,000 m² manufacturing building in September, allowing it to begin official operations. AGC Biologics started production on its first project at the new building shortly after approval, a phase II/III clinical project. The new facility uses the latest mammalian systems and single-use technology, including a production line with eight 2,000 L bioreactors, two complementary downstream suites, and dedicated warehouse and quality control laboratory spaces. The new building has doubled the capacity for mammalian manufacturing at the AGC Biologics Copenhagen manufacturing plant. “Getting operational approval from the Danish Medicines Agency was the final step in a three-year journey that many individuals have contributed to, and this milestone is one we were proud to celebrate as a site” said Andrea Porchia, General Manager of the Copenhagen site. “We now begin the work of producing more treatments at this facility than ever before and believe this is one of the best locations for developer partners seeking CDMO services in Europe.” AGC Biologics Copenhagen has an extensive operational track record and expertise spanning early-stage development through clinical and commercial manufacturing. It operates and supports drug substance projects using both mammalian and microbial systems and has produced seven commercial products. To learn more about AGC Biologics’ protein biologics manufacturing site in Copenhagen, visit https://www.agcbio.com/facilities/copenhagen. For more information on the company’s end-to-end global CDMO services in the U.S., Europe, and Japan, visit www.agcbio.com. About AGC Biologics: AGC Biologics is a leading global biopharmaceutical Contract Development and Manufacturing Organization (CDMO) with a strong commitment to delivering the highest standard of service as we work side-by-side with our clients and partners, every step of the way. We provide world-class development and manufacture of mammalian and microbial-based therapeutic proteins, plasmid DNA (pDNA), messenger RNA (mRNA), viral vectors, and genetically engineered cells. Our global network spans the U.S., Europe, and Asia, with cGMP-compliant facilities in Seattle, Washington; Boulder and Longmont, Colorado; Copenhagen, Denmark; Heidelberg, Germany; Milan, Italy; and Chiba, Japan. We currently employ more than 2,500 Team Members worldwide. Our commitment to continuous innovation fosters the technical creativity to solve our clients’ most complex challenges, including specialization in fast-track projects and rare diseases. AGC Biologics is a part of AGC Inc.’s Life Science Company. The Life Science company runs more than 10 global facilities focused on biopharmaceuticals, advanced therapies, small molecule active pharmaceutical ingredients, and agrochemicals. To learn more, visit www.agcbio.com. Contact Details Nick McDonald +1 425-419-3555 nmcdonald@agcbio.com Company Website https://www.agcbio.com/

October 10, 2024 12:07 AM Mountain Daylight Time

Comcast Awards $50,000 to Neighborhood House Utah to Launch an Innovative Digital Navigator Program Aimed at Equipping Utahns with Digital Workforce Skills

Comcast Utah

Comcast is announcing a $50,000 grant to Neighborhood House to create and activate a digital navigator program serving the nonprofit’s student, adult clients, and the entire Westside community. The strategic initiative intends to help bridge the digital divide affecting Utahns, including families, seniors and vulnerable populations. The grant will allow Neighborhood House to hire staff and acquire equipment needed to provide digital opportunity and skills-based training. Digital navigators make a clear, measurable impact in helping to close the digital divide. In fact, a 2022 Boston Consulting Group survey found that thanks to the support of digital navigators: More than 65% of respondents obtained internet access on a computer or tablet at home. More than 85% used the internet more frequently.Nearly 50% obtained better healthcare. Comcast Lift Zone locations, such as Neighborhood House, advance digital opportunity by connecting more Utahns to essential resources like digital navigators, free Wi-Fi, and digital skills development. Digital navigators can help someone sign up for internet service, get a device, and connect to digital skills training and other resources. They’re a trusted voice for those who don’t know where to start and can help open the door to opportunity and economic mobility. Comcast Lift Zone locations, such as Neighborhood House, advance digital opportunity by connecting more Utahns to essential resources like digital navigators, free Wi-Fi, and digital skills development. Digital navigators can help someone sign up for internet service, get a device, and connect to digital skills training and other resources. They’re a trusted voice for those who don’t know where to start and can help open the door to opportunity and economic mobility. “Neighborhood House’s partnership with Comcast is the ideal of what Corporate Philanthropy should look like,” said Jennifer Nuttall, Executive Director, Neighborhood house. Comcast is attuned to the needs of the community, and they invest in concrete ways that truly make an impact. Comcasts listens and responds to feedback from Neighborhood House, thereby enhancing our capacity to serve those most in need. We appreciate partners that help to uplift our community, making it a better place for all.” Neighborhood House has been a Comcast Lift Zone since 2020, which means the location receives free, high-speed Wi-Fi to help serve its community. Lift Zones, and this current grant, are part of Project UP, Comcast's $1 billion commitment to advance digital inclusion through programs and community partnerships that connect people to the Internet, advance economic mobility, and open doors for the next generation of innovators, entrepreneurs, storytellers and creators. In celebration of National Digital Inclusion Week, October 7-11, and in partnership with Telemundo Utah, Neighborhood House clients will receive 150 laptop computers to be used at home and at the Lift Zone. “I am honored to celebrate the grand opening of the Neighborhood House's new Lift Zone. This remarkable initiative ensures that every resident on the Westside has the opportunity to harness the power of digital technology and enhance their workforce skills,” said Salt Lake City Mayor Erin Mendenhall. “In an era where innovation drives progress, providing access to these resources is crucial for empowering our community. This collaboration with Comcast sets a new standard for public-private partnerships, paving the way for a more connected and resilient Salt Lake City.” “Digital connectivity has become an essential tool in today's economy, and it’s important for individuals seeking to improve their financial situation. The Lift Zone at Neighborhood House provided by Comcast will allow our clients, and the surrounding community, opportunities to access job opportunities and submit applications, develop and enhance their computer skills and associated applications, provide secure access to manage their financial needs, and, most importantly, receive guidance and assistance in accessing government resources,” said Levi Webb, Program Services Director, Neighborhood house. Neighborhood House offers nationally accredited toddler, preschool, afterschool and summer programs for children aged 15 months to 12 years old. The 130-year-old organization also provides day care and support services for adults who need supervised care during the day, allowing more adults in our community to age in place. “The Comcast Lift Zone and Cyber Center have become more than just a workspace for me; it’s a crucial support system that empowers me to balance my family’s needs with my professional goals. Being able to access the internet by providing a reliable space for me to work, the center helps me manage my unique schedule, allowing me to be present for my children while excelling in my job,” said Lisa, single mother of three. “Any effort to connect individuals and families to the internet helps bring digital opportunity across the state, which is a major goal of Comcast,” said Deneiva Knight, External Affairs Director, Comcast Mountain West Region. “Digital navigators—professionals trained to connect people to technology—play an essential role in bridging the digital gap, and we’re honored to support Neighborhood House and its efforts to empower the community, helping them confidently engage with today’s digital tools.” Comcast is deeply committed to advancing digital opportunity in the communities it serves through expanding access to internet connectivity along with community impact initiatives and investments in Utah. The company's community partnerships in Utah have totaled $5.2 million in cash and in-kind contributions to more than 90 local non-profits in the last 3 years. This investment includes the installation of 30 Lift Zones across the state that provide free, high-speed Wi-Fi service to local community centers. AAbout Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Comcast Deneiva Knight +1 520-345-9792 deneiva_knight@comcast.com Company Website https://utah.comcast.com/

October 09, 2024 02:51 PM Mountain Daylight Time

Silexion Therapeutics to Present at 2024 Maxim Healthcare Virtual Summit

Silexion Therapeutics Corp

Silexion Therapeutics Corp. (NASDAQ: SLXN) (“Silexion” or the “Company”), a clinical-stage biotech developing RNA interference (RNAi) therapies for KRAS-driven cancers, today announced its participation in the 2024 Maxim Healthcare Virtual Summit, scheduled to take place from October 15 to 17, 2024. Ilan Hadar, Chief Executive Officer and Dr. Mitchell Shirvan, Chief Scientific and Development Officer will join a fireside chat hosted by Jason McCarthy, Senior Managing Director and Head of Biotechnology Research at Maxim Group, on Thursday, October 17, 2024, at 9:30am ET. The event will be streamed live on M-Vest and accessible to members by clicking here or via following link: https://m-vest.com/events/healthcare-10152024. The Company’s management team will be available for one-on-one meetings throughout the summit. Interested investors are encouraged to contact their Maxim representative to schedule a meeting. About Silexion Therapeutics: Silexion Therapeutics (NASDAQ: SLXN) is a pioneering clinical-stage, oncology-focused biotechnology company developing innovative RNA interference (RNAi) therapies to treat solid tumors driven by KRAS mutations, the most common oncogenic driver in human cancers. The company's first-generation product, LODER™, has shown promising results in a Phase 2 trial for non-resectable pancreatic cancer. Silexion is also advancing its next-generation siRNA candidate, SIL-204, designed to target a broader range of KRAS mutations and showing significant potential in preclinical studies. The company remains committed to pushing the boundaries of therapeutic innovation in oncology, with a focus on improving outcomes for patients with difficult-to-treat cancers. For more information please visit: https://silexion.com Contact Details Silexion Therapeutics Corp Ms. Mirit Horenshtein Hadar, CFO mirit@silexion.com ARX | Capital Markets Advisors North American Equities Desk silexion@arxadvisory.com

October 09, 2024 04:30 PM Eastern Daylight Time

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