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STOREDOT ON SCHEDULE FOR ITS 100inX PRODUCT ROADMAP, CAPABLE OF ADDING 100 MILES OF RANGE IN JUST 4 MINUTES

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StoreDot has reached its ‘100in4’ milestone ahead of schedule in early prototype tests by implementing a suite of cell enhancements that enable extreme fast charging (XFC) with available infrastructure capabilitiesStoreDot’s 100in4 XFC prototype cells show a 10% improvement in energy density compared to its 100in5 generationThe silicon-based 100in4 cells were tested using low applied pressure while maintaining StoreDot’s cell attributes of minimal volumetric expansion. They demonstrated 1100 XFC cycles with high energy density, and projected energy density of 340Wh/kg in an EV form factorThe 100in4 technology is in the process of scale up from 3Ah cell to 140Ah, targeting mass production readiness in 2026StoreDot remains on track with production-readiness of XFC cells that can deliver 100 miles charged in 5 minutes this year, 100 miles charged in 4 minutes in 2026 and 100 miles charged in 3 minutes by 2028

HERZLIYA, Israel, Feb. 13, 2024 /PRNewswire/ — StoreDot, the pioneer and world leader in extreme fast charging (XFC) battery technology for electric vehicles has revealed progress made on the development of its next-phase technology roadmap. This builds on its previously announced introduction of production-readiness cells capable of 100 miles in 5 minutes this year, and 100 in 3 minutes by 2028, as the company continues its path towards commercialization.

This advancement relies on a suite of holistic design and engineering upgrades to the entire battery system, rather than focusing purely on charging speed. StoreDot’s ‘100in4’ technology prioritizes increased energy density and a myriad of technological enhancements. By taking this system approach, the company aims to maximize real-world performance with the available charging infrastructure.

Specifically, StoreDot is targeting at least a 10% improvement in energy density compared to its 100in5 cells. This will enable more mileage from a charge with the existing charging rates. The key to achieving this is optimizing multiple aspects of the battery, including chemistry, cell and pack engineering, cooling design, and modifications to internal connections.

For the ‘100in4’ technology, StoreDot has already achieved 1100 XFC cycles in a small form factor cell, with projected energy density of 340Wh/kg in a large Electric Vehicle form factor. This milestone comes earlier than planned, and the company will continue refining its XFC technology on the path to production-ready cells that deliver 100 miles charged in just 4 minutes by 2026.

The small form factor 100in4 prototype utilizes a small capacity (3Ah) multi-layer battery cell with internal electrode layers similar to the larger battery cells StoreDot already has proven and scaled up for EV packs, show the scalability and maturity of the prototype cell.

Dr Doron Myersdorf, CEO StoreDot “By taking a balanced, system-level approach, we are unlocking the full potential of our XFC battery technology to maximize real-world performance. Rather than prioritizing charging speed, our plan focuses on technological enhancements across the board – energy density, cell and pack design, chemistry, and cooling optimization. The result is an extremely fast charging experience that can be easily deployed on today’s infrastructure.

“While this is an early prototype and there are still challenges to overcome, we can draw from our experience of seamlessly scaling up from a 3Ah to a >100Ah EV grade cell within months. We believe our roadmap provides a sustainable, practical, and proven path to delivering extreme fast charging that will accelerate mass EV adoption. We remain ahead of schedule for our planned milestones as we continue our path to commercialization.”

StoreDot recently announced anticipated 2024 milestones including the demonstration of the world’s first EV pack equipped with XFC technology, shipping prismatic B-samples to OEMs, and expanding its operations in the US.

StoreDot remains on track with production-readiness of XFC cells that can deliver 100 miles charged in 5 minutes this year, 100 miles charged in 4 minutes in 2026 and 100 miles charged in 3 minutes by 2028.

About StoreDot

StoreDot is the pioneer and world leader of extreme fast charging (XFC) electric vehicle batteries that overcome the critical barriers to mainstream EV adoption – range and charging anxiety. The company has revolutionized the conventional Li-ion battery by innovating and synthesizing proprietary organic and inorganic compounds, optimized by Artificial Intelligence algorithms, enabling charging of an EV in under 10 minutes – the same experience as refuelling a conventional combustion engine car.

Through its ‘100inX’ product roadmap, StoreDot’s battery technology is delivering ‘Range on Demand™’: 100 miles charged in 5 minutes in 2024, 100 miles charged in 4 minutes in 2026 and 100 miles charged in 3 minutes by 2028. StoreDot’s strategic investors and partners include BP, Daimler, VinFast, Volvo Cars, Polestar, Ola Electric, Samsung, TDK, and its manufacturing partner EVE Energy.

StoreDot’s media kit can be found at this link.

Photo – https://mma.prnewswire.com/media/2338870/StoreDot_XFC_Prototype.jpg

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SOURCE StoreDot

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Boldyn Networks closes acquisition of Cellnex’s private networks business

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The bold move places the neutral host leader at the centre of the growing private networks market

LONDON, March 1, 2024 /PRNewswire/ — Boldyn Networks (Boldyn) today announced the close of its acquisition of Cellnex’s private networks business unit. This largely includes Edzcom, a Finnish pioneer and European market leader that designs, builds, and operates private 4G and 5G networks across enterprise customers in the manufacturing, transport hubs, oil and gas, energy generation, and mining industries. This bold move positions the neutral host leader as a key player in the growing private networks market and widens its portfolio of wireless solutions.

With this acquisition, Boldyn is obtaining a portfolio of more than 50 private networks implementations in Finland, France, Germany, Spain, Sweden, and the UK for world-class enterprises. These dynamic private networks enable industry 4.0 innovation for customers by interconnecting assets, people, and equipment in an agile, sustainable, and safe way. Closing of this acquisition also builds on Boldyn’s 5G overall strategy goals.

“At Boldyn, we’re leading the way in reimagining and deploying the wireless public, hybrid and private networks underpinning our customers’ digital transformations,” said Igor Leprince, Group CEO of Boldyn Networks. “By bringing Cellnex’s private networks business unit under the Boldyn umbrella, not only are we acquiring additional expertise, but growing our capability to interconnect the most complex environments. From heavy industry facilities, transport systems, city-wide networks and large venues to ports and nuclear power plants, we continue to be the neutral host partner of choice for our customers.”

Mikko Uusitalo, CEO of Edzcom, said: “We’re excited to join Boldyn Networks to further develop our combined leading private networks expertise and offering. Boldyn is disrupting the industry with an impressive portfolio of neutral host solutions, which gives us the opportunity to continue in our innovation journey. And with the private networks market opportunity growing at an accelerated pace, I have no doubt we’ll grow stronger, and continue entering new markets, always with our customers at the centre.”

Cellnex’s private networks business unit -the Edzcom team- will become part of Boldyn’s Group Strategy team as a strategic part of the company’s future growth.

To this end, Justin Berger, Group CSO for Boldyn said: “Cellnex’s private networks business unit is a perfect addition to the Boldyn family as we strive to provide more top-tier connectivity to power industrial transformation. We’ll increasingly see bespoke private networks enable 5G use cases. Like enterprise automation, advanced robotics, video surveillance, smart IoT devices working in large areas, employee safety, and many others. Private 5G networks provide secure connectivity to unlock new services and the ability for customers to control and monitor the network in real time.”

“We can’t wait to contribute with developing more 5G use cases that can drastically improve efficiency and productivity across many sectors,” he added.

-END-     

About Boldyn Networks

Boldyn Networks is one of the world’s largest neutral host providers, delivering the advanced shared network infrastructure needed for a smart, inclusive, and sustainable future. It brings together the combined scale and expertise of seven leading companies with a single purpose: to unlock the power of an interconnected future. From interconnected transit, venues and enterprises to smart cities, next-generation, and bespoke private networks, Boldyn enables new possibilities in the way people live, work and play. Bringing connectivity to the most complex environments. Our portfolio is harnessing fibre, advancing 4G/LTE, accelerating 5G, preparing for 6G–and looking beyond to the next breakthroughs. With headquarters in the UK our global operations span North America, Europe, and Asia. Boldyn Networks. Reimagine tomorrow. Transform today.

Learn more at: www.boldyn.com  

About Cellnex Telecom

The efficient deployment of next-generation connectivity is essential to drive technological innovation and accelerate inclusive economic growth. Cellnex is the independent wireless telecommunications and broadcasting infrastructures operator that enables operators to access Europe’s most extensive network of advanced telecommunications infrastructures on a shared-use basis, helping to reduce access barriers for new operators and to improve services in the most remote areas.

Cellnex manages a portfolio of around 135,000 sites —including forecast rollouts up to 2030– in Spain, Italy, the Netherlands, France, Switzerland, the United Kingdom, Ireland, Portugal, Austria, Denmark, Sweden and Poland. Cellnex’s business is structured in four major areas: telecommunications infrastructure services; audio-visual broadcasting networks, security and emergency service networks and solutions for smart urban infrastructure and services management.

The company is listed on the continuous market of the Spanish stock exchange and is part of the selective IBEX 35 and EuroStoxx 100 indices. It is also present in the main sustainability indexes, such as DJSI, CDP, Sustainalytics, FTSE4Good and MSCI.

For more information: http://www.cellnex.com/

For media enquiries: boldyn@ccgrouppr.com

Photo – https://mma.prnewswire.com/media/2351650/Image1.jpg

Logo – https://mma.prnewswire.com/media/2141806/Boldyn_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/boldyn-networks-closes-acquisition-of-cellnexs-private-networks-business-302076235.html

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Yalla Group Limited to Report Fourth Quarter and Full Year 2023 Financial Results on March 11, 2024 Eastern Time

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DUBAI, UAE, March 1, 2024 /PRNewswire/ — Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the fourth quarter and full year 2023 after the U.S. market closes on Monday, March 11, 2024.

Yalla Group Limited will hold a conference call on Monday, March 11, 2024, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, March 12, 2024, or 8:00 AM Beijing Time on Tuesday, March 12, 2024, to discuss the financial results. Listeners may access the call by dialing the following numbers:

United States Toll Free: 

+1-888-317-6003

International:

+1-412-317-6061

United Arab Emirates Toll Free:

80-003-570-3589

Mainland China Toll Free:

400-120-6115

Hong Kong Toll Free: 

800-963-976

Access Code:

1609316

The replay will be accessible through March 18, 2024, by dialing the following numbers:

United States Toll Free:

+1-877-344-7529

International:

+1-412-317-0088

Access Code:

1323561

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://ir.yalla.com.

About Yalla Group Limited

Yalla Group Limited is the largest MENA-based online social networking and gaming company, in terms of revenue in 2022. The Company operates two flagship mobile applications, Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming application featuring online versions of board games, popular in MENA, with in-game voice chat and localized Majlis functionality. Building on the success of Yalla and Yalla Ludo, the Company continues to add engaging new content, creating a regionally-focused, integrated ecosystem dedicated to fulfilling MENA users’ evolving online social networking and gaming needs. Through its holding subsidiary, Yalla Game Limited, the Company has expanded its capabilities in mid-core and hard-core games in the MENA region, leveraging its local expertise to bring innovative gaming content to its users. In addition, the growing Yalla ecosystem includes YallaChat, an IM product tailored for Arabic users and casual games such as Yalla Baloot and 101 Okey Yalla, developed to sustain vibrant local gaming communities in MENA. Yalla is also actively exploring outside of MENA with Yalla Parchis, a Ludo game designed for the South American markets. Yalla’s mobile applications deliver a seamless experience that fosters a sense of loyalty and belonging, establishing highly devoted and engaged user communities through close attention to detail and localized appeal that profoundly resonates with users.

For more information, please visit https://ir.yalla.com.

Investor Relations Contact

Yalla Group Limited
Investor Relations
Kerry Gao – IR Director
Tel: +86-571-8980-7962
Email: ir@yalla.com

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
Email: yalla@tpg-ir.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: yalla@tpg-ir.com

View original content:https://www.prnewswire.com/news-releases/yalla-group-limited-to-report-fourth-quarter-and-full-year-2023-financial-results-on-march-11-2024-eastern-time-302076917.html

SOURCE Yalla Group Limited

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Now is The Time to Process W2 and W3 Corrections with 2023 ezW2Correction Software

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The latest version of ezW2Correction software includes pdf format, efile and printing W2C forms. Test drive ezW2Correction software at halfpricesoft.com with no cost or obligation.

ALLENTOWN, Pa., March 1, 2024 /PRNewswire-PRWeb/ — ezW2Correction software from Halfpricesoft.com, offers support for employers and tax professionals to seamlessly process and file W2C and W3C correction forms. With one 2023 version, clients can process unlimited corrections from years 2014-2023. Furthermore, if printing forms is preferred, the application is SSA approved to print the corrections on plain white paper and this feature is SSA approved.

Latest 2023 ezW2Correction software supports business owners, tax professionals and HR streamlining the task for novice clients.

Latest 2023 ezW2Correction software always supports unlimited filing and forms in one single installation starting at 49.00 for paper printing. Efile and other features are available for an additional cost. Our complimentary support features online video tutorials, Forum and email.

Note to businesses: To correct a Form W-2 already submitted, file a Form W-2c with a separate Form W-3c for each year needing correction. File a Form W-3C whenever you file a Form W-2C, even if only filing a Form W-2C to correct an employee’s name or Social Security number (SSN).

“Latest 2023 ezW2Correction software supports business owners, tax professionals and HR streamlining the task for novice clients.” Said Halfpricesoft.com Founder, Dr. Ge

ezW2Correction has a user-friendly design that allows customers to get started immediately after installation from https://www.halfpricesoft.com/w2c_software.asp . The software’s point-and-click simplicity makes it ideal for business owners and tax professionals who have better things to do than learn complicated software.

The robust features that are included in the application are:

ezW2Correction software can print W-2C (copy 1, 2, A, B, C and D) and W3C on plain white paper. This feature is SSA-approved.ezW2Correction can print recipient copies into PDF format to email it to recipients quickly.If pre-printed forms are the preferred method of processing W2 and W3 correction forms, ezW2Correction can also fill data on pre-printed forms.ezW2Correction can support unlimited forms, unlimited recipients and unlimited companies with no extra charge.ezW2Correction also supports the efile feature.

ezW2 Correction is approved by SSA to print all W2C and W3C forms on plain white paper. This will allow customers to save money on expensive preprinted forms.

To begin a no cost or obligation trial version of ezW2Correction software, please visit
https://www.halfpricesoft.com/w2c_software.asp

About halfpricesoft.com
Halfpricesoft.com is a leading provider of small business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software, Accounting software, 1095 form software and ezACH direct deposit software. Software from halfpricesoft.com is trusted by thousands of customers and will help small business owners simplify payroll processing and streamline business management.

Media Contact

T. Bernard, halfpricesoft.com, 502-259-0936, services@halfpricesoft.com, halfpricesoft.com

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View original content to download multimedia:https://www.prweb.com/releases/now-is-the-time-to-process-w2-and-w3-corrections-with-2023-ezw2correction-software-302073979.html

SOURCE halfpricesoft.com

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