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Exciting acquisition announcement: HH Global to acquire Displayplan to enhance customer experience for global brands

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HH Global to announce the signing of an agreement to fully acquire Displayplan Ltd

LONDON, Feb. 13, 2024 /PRNewswire/ —

HH Global and Displayplan 

As the world’s most impactful partner to organizations seeking stronger more sustainable growth, HH Global is a leader in tech-enabled creative production and procurement for some of the world’s biggest and boldest retail brands.

Today, HH Global has announced the signing of an agreement to fully acquire UK-based Displayplan Ltd to further enhance their expertise and create an unrivaled, creative, global retail activation capability.

The acquisition of Displayplan, having expertise in design engineering and production management of complex point-of-sale solutions and experiential customer interactions, demonstrates HH Global’s ongoing investment in developing industry-leading solutions for global retail brands.

The joining of these two businesses brings enhanced expertise to HH Global’s existing global retail marketing activation leadership and adds a valuable extension to its broad retail solutions portfolio.

Brilliant growth ideas only create value when they are expertly designed and activated.

Displayplan’s award-winning creatives, designers and engineers will join the +500 members of the HH Global Creative + Digital community, who operate in 34 studios across 15 countries. Their joint commitment to excellence and innovation will create a team of the best creative talent focused on delivering big impact for their clients’ big ideas in global retail.

Nadia Pelekanos, Chief Client Officer at HH Global said:
“The combination of our companies represents a progressive move for HH Global and builds significantly on our global retail capability.

The acquisition of Displayplan is not only driven by a fundamental alignment in our strategic vision, but by the opportunity to combine our award-winning teams and our complementary solutions to deliver simplicity across the supply chain and enhanced creative capabilities for global brands.

We have been investing significantly in the development of our global Creative + Digital capabilities over the years adding data, strategy, creative and design to deliver enhanced and innovative solutions for our retail clients. The award-winning creative and production team from Displayplan, along with their digital and shopper marketing strategists, will strengthen our existing capabilities and enable us to continue to drive advancements in creating superior connected shopper experiences.”

Managing Director of Displayplan Scott Morris said: 
“We are delighted to be joining HH Global at this exciting time in their growth journey. This acquisition represents an amazing opportunity and a significant milestone for Displayplan.

We have achieved great success and recognition over the last 40 years, which is a testament to the outstanding team we have created and the impressive client portfolio we have secured but it is time for us to enter the next phase of growth for our people and for our clients.

My fellow shareholder, Neil Campbell, will retire from the business after +30 years and I want to acknowledge his contribution to building Displayplan into the category-leading business that it is today.

I also want to acknowledge our venture capital partners, YFM Equity Partners, and the British Smaller Companies VCTs, for their outstanding support and guidance over the last 12 years in the same endeavor. It has been an incredible journey.

The amalgamation of our businesses will provide our impressive portfolio of retail clients with access to enhanced services, wider solutions, deeper expertise and capability and our teams with expanded career opportunities. 

We are excited about this next step in our journey with HH Global and we are looking forward to working with our new colleagues.”

Kristian Elgey, Chief Executive Officer at HH Global said:
“M+A is an important growth lever for us as we continually evolve and enhance our solutions to deliver more impact in supporting our clients’ growth ambitions. This acquisition is a great example of the opportunities available to add complementary capabilities and talent to HH Global to enhance our established solutions.

As we move toward the completion, I want to thank the team involved on both sides. The dedication involved in bringing a process like this from an initial conversation to a successful outcome is significant, and I’m looking forward to welcoming our new colleagues and bringing our enhanced capabilities to life for our clients.”

The transaction is subject to further legal processes, which are expected to be complete on 29 February 2024.

About HH Global 
Founded in 1991, HH Global is the global leader in tech-enabled creative production and procurement. They amplify their client’s marketing campaigns through unrivaled production, procurement leadership and the most advanced sustainability capabilities available. All delivered at scale through industry-leading technology and the passionate expertise of their people.

HH Global has +4,500 experts in more than 60 countries and in every market around the world. With a thirty-year track record of success, they help the biggest, most exciting and progressive global brands achieve stronger, more sustainable growth. Across every channel. At the speed of modern business.

With an unmatched supply chain, a growing suite of technology tools and data insights – they make their clients’ brilliant ideas unmissable everywhere.

About Displayplan
Displayplan is a British-owned and headquartered provider of retail marketing services with a strong 40-year history of working with leading retailers and brands to design and develop insight-driven strategic in-store experiences.

From their UK head office in Hertfordshire and with resources worldwide, they provide a blend of experienced retail equipment project management with specialists for digital and AV solutions to deliver market-leading in-store experiences that improve the speed of shopper decision-making, enhance customer experience and reduce friction in the buying process.

SOURCE HH Global Ltd.

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The Standard Titled “Technical and Application Requirements for Intelligent Software Engineering Part 1: Large-scale Code Models”, in which Xiao-I (NASDAQ: AIXI) Participated, has been Officially Released

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SHANGHAI, March 1, 2024 /PRNewswire/ — Recently, the China Academy of Information and Communications Technology (“CAICT”) and the Industrial and Commercial Bank of China (“ICBC”) jointly released a milestone industry standard called “Technical and Application Requirements for Intelligent Software Engineering Part 1: Large-scale Code Models” (Standard Number AIIA/PG 0110-2023). It is worth mentioning that Xiao-I Corporation (NASDAQ: AIXI) (“Xiao-I” or the “Company”), a leading company in the field of artificial intelligence, has actively participated in the development of this standard. The release of this standard marks the birth of the industry’s first large-scale code model standard, providing strong support for the healthy and orderly development of the Artificial Intelligence for Software Engineering (AI4SE) industry.

The new standard provides detailed specifications for the technical capabilities and application requirements of large-scale code models, covering various stages such as research and development, evaluation, and acceptance. Its aim is to provide clear references for enterprises in the construction and improvement process of large-scale code models. The standard covers three main parts: general capabilities, specific scenario capabilities, and application maturity. These include 16 capability items and over 100 specific capability requirements. These requirements establish comprehensive technical capability standards for large-scale code models across multiple dimensions, including input diversity, task diversity, language comprehensiveness, result acceptability, and result accuracy.

The release of this standard is of great significance in promoting the standardization and development of large-scale code model technology. It will not only enhance the overall technical level of the industry but also facilitate cooperation and communication among enterprises, promoting the industry’s development towards a more standardized and professional direction.

Xiao-I has always been at the forefront of innovation in the field of artificial intelligence. In June 2023, the Company released the Huazang General Model, aiming to create an operating system for the new era of artificial intelligence with the core principles of “being controllable, customizable, and deliverable.” By actively participating in the development of industry standards related to large-scale models, Xiao-I has not only demonstrated its forward-thinking layout, but also its determination and responsibility as a leading domestic AI company in promoting the standardization process in the industry.

Looking ahead, Xiao-I will continue to devote itself to the standardization work in the field of artificial intelligence, actively participating in the development and revision of relevant standards, and contributing wisdom and strength to the healthy development of the industry. Meanwhile, the Company will continue to promote technological innovation, improve product performance, provide users with high-quality artificial intelligence services, and contribute to the efficient and rapid development of China’s artificial intelligence industry.

About Xiao-I Corporation

Xiao-I Corporation is a leading cognitive intelligence enterprise in China that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing,voice and image recognition, machine learning and affective computing. Since its inception in 2001,the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly suitable and have been applied to a wide variety of business cases. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation.For more information, please visit: www.xiaoi.com. 

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For investor and media inquiries, please contact:
Ms. Berry Xia
Email: ir@xiaoi.com 

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SOURCE Xiao-I Corporation

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Update on shares repurchased during the first quarter 2024: Loomis AB

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STOCKHOLM, March 1, 2024 /PRNewswire/ — Loomis AB has through the repurchase program that was resolved and communicated on January 30, 2024, and that is still being executed, repurchased 310,898 shares as of February 29, 2024. Loomis AB’s holding of own shares thereby amounts to 4,519,680 shares, corresponding to 6.0% of the outstanding shares in the company. The total number of shares in Loomis AB, including the company’s own shares, amounts to 75,279,829.

The share repurchases may comprise an amount up to a maximum of SEK 200 million and will end no later than on April 5, 2024.

For information about transactions in the repurchase program, please see: www.nasdaqomxnordic.com/news/corporate-actions/repurchase-of-own-shares.

This press release is also available on the company’s website, www.loomis.com.

Contact:

Jenny Boström
Head of Sustainability and IR
Mobile: +46 79 006 45 92
Email: jenny.bostrom@loomis.com

The following files are available for download:

https://mb.cision.com/Main/51/3939075/2640781.pdf

Update on shares repurchased during the first quarter 2024

View original content:https://www.prnewswire.com/news-releases/update-on-shares-repurchased-during-the-first-quarter-2024-loomis-ab-302077051.html

SOURCE Loomis AB

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Bitget Wallet now supports the Blast Mainnet, pioneering full ecosystem support as a Web3 wallet

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VICTORIA, Seychelles, March 1, 2024 /CNW/ — The globally leading Web3 trading wallet Bitget Wallet has now integrated support for the Blast Mainnet, making it the first all-in-one Web3 wallet for the Blast ecosystem. Users can effortlessly add and switch mainnets within the wallet with just one click, without the need for manual configuration. This integration enables users to manage, transfer, swap, and interact on one of the largest L2 launches in 2024.

Bitget Wallet has aggregated liquidity from mainstream DEXs within the Blast ecosystem, such as BlasterSwap and MonoSwap, into its Swap feature. This allows for mainnet token Swap transactions, providing users with convenient services for trading assets on the Blast blockchain.

During the Blast testnet phase, Bitget Wallet was among the first to offer support, unveiled a dedicated zone in its DApp page for Blast. This section featured over 40 elite projects from Blast’s Big Bang incentive program, enabling users to easily explore, interact, and potentially receive future airdrops in the Blast ecosystem. Following the launch of the Blast mainnet, Bitget Wallet plans to continue integrating popular projects from the Blast ecosystem, offering users extensive asset management features and a comprehensive ecosystem experience.

Bitget Wallet’s COO, Alvin Kan, highlights Blast as a Layer 2 solution with staking at its core, gaining market attention since launch. He says, “We’re committed to cutting-edge tech, lowering Web3 engagement barriers. Collaborating with quality mainnets like Blast, we aim to drive Web3 ecosystem growth.”

This week, Bitget Wallet engages with popular Blast ecosystem projects, exploring market traction, “Stake Layer 2” narrative, TVL enhancement strategies by staking and earning points, notable projects, and effective ways for users to participate in the Blast ecosystem upon mainnet launch. This provides users with valuable insights for meaningful ecosystem engagement.

Additionally, Bitget Wallet is organizing major events to support the Blast ecosystem, providing users with opportunities for discovering new assets.

About Bitget Wallet

Bitget Wallet stands as Asia’s largest and one of the world’s top non-custodial Web3 wallets, boasting over 19 million users globally. Featuring a comprehensive array of features including asset management, intelligent market data, swap functionality, launchpad, inscribing, DApp browsing, and more, Bitget Wallet promises users an unmatched multi-chain Web3 experience. Currently, Bitget Wallet supports over 100 blockchains, hundreds of EVM-compatible chains, and more than 250,000 cryptocurrencies. By aggregating liquidity across hundreds of leading DEXs and cross-chain bridges, Bitget Wallet is able to facilitate seamless and efficient trades on 40+ blockchains.

For more information, visit: Website | Twitter | Telegram | Discord

View original content to download multimedia:https://www.prnewswire.com/news-releases/bitget-wallet-now-supports-the-blast-mainnet-pioneering-full-ecosystem-support-as-a-web3-wallet-302077054.html

SOURCE Bitget Wallet

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