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Fresh Dog Food Company, Ollie, Announces Acquisition of AI-Powered Diagnostic Company, DIG Labs, and Rollout of New Foodback Loop™ to Continue Elevating Health Services

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Ollie Will Harness New Data for Various Industry Enhancements – Defined As The Foodback Loop™ – Including Recipe Refinement and Development, Advanced Health Screenings, Weight Management, and More

NEW YORK, Oct. 3, 2024 /PRNewswire/ — Ollie, an industry-leading subscription fresh dog food company dedicated to helping dogs thrive, announces the acquisition of DIG Labs, an AI-powered diagnostic company providing real-time image-based pet health screenings across stool, weight management, skin and coat, dental care, and more. In tandem, Ollie introduces the rollout of its new Foodback Loop™, a revolutionary, closed-loop, and proprietary process that leverages over 20 million first-party data points–and counting–to improve product development, recipe formulation, and feeding algorithms, ultimately leading to healthier dogs. As part of the acquisition, DIG Labs co-founder Tara Zedayko joins the Ollie team serving as Chief Scientific Officer where she will lead the Foodback Loop initiative, specifically science, research, product development, and Ollie’s proprietary portioning and recommendation algorithms.

Fresh Dog Food Company, Ollie, Announces Acquisition of AI-Powered Diagnostic Company, DIG Labs  

Last fall, Ollie partnered with DIG Labs to launch free app-enabled Health Screenings, which prompted members to submit photos to receive expert analysis and guidance within 24 hours about their dog’s digestion, weight, skin and coat, and oral health. These screenings, having been enormously well-received by the Ollie community, prompted interest in the acquisition of DIG Labs and have become an integral part of the Ollie member experience. Since introducing additional Health Screening benefits over the last year, 89% of members strongly agree that screenings are valuable features in their Ollie membership, while 86% of members strongly agree that Ollie health screenings give them more confidence in their decision to feed Ollie.1 With this core technology in-house, Ollie is building world-class machine learning models and AI applications to deliver a lasting impact for dogs across health screenings, food R&D, recipe improvements, and evolutions to Ollie’s portion-feeding algorithms.

Leveraging millions of data points, Ollie is capturing the most real-time pet-level data and using it to design and improve its recipes for maximum effectiveness, turning unique learnings into personalized experiences that recommend the right food and portions for each dog, better serving Ollie members individually and collectively. Through direct relationships with Ollie members, their pet-level data, and Ollie’s proprietary Foodback Loop research and development process, Ollie empowers parents to confidently feed their dogs the right food and exact portions, giving dogs a much-needed voice in their healthcare. The Ollie consumer will see improvements to their membership experience like portion control, diet transition screenings, and recipe development and refinement, and will be introduced to new initiatives including weight programs, customized experiences for puppies, recipe optimization for ideal stool health, and more.

Initial learnings from Ollie’s Foodback Loop have yielded significant findings. Of note, only 58% of dogs have healthy stool before joining Ollie, however, according to Ollie Digestion Screening results, 75% of dogs attain healthy stool just 1-2 weeks after feeding Ollie. In regards to weight, Ollie has determined that dog parents tend to underestimate their dog’s need for weight management support. Ollie Weight Screening results have shown that dogs are 18% more likely to be overweight than dog parents think and 28% less likely to be underweight than dog parents think. Overall results from the program show that all five of Ollie’s Fresh Plans increase healthy weight scores for dogs by 10-12% within the first few weeks of feeding Ollie. Insights like these have already helped Ollie prioritize its product roadmap, including digitizing healthy weight programs to help dogs achieve and maintain ideal weight and identifying the biggest opportunities to iterate upon its food recipes to create the optimal experience for dogs.

“Pet parent demographics are shifting to younger generations, and with the acquisition of DIG Labs, we are meeting their demand for tech-enabled and personalized products to improve the quality of life for their pets and themselves,” explains Nick Stafford, Ollie CEO. We are the only pet food company creating a direct data-led link between what we are feeding our dogs and their health outcomes through individual pet data on stool, weight, skin and coat, and teeth and gums”.

Since Ollie’s pioneering start in 2016, the business has been determined to help pet parents see the benefits of healthy, human-grade fresh pet food so that every dog can receive the nutrition and care they deserve. Ollie’s vet professionals have helped more than 25,000 dogs with health screenings while utilizing AI classification models trained with over 100,000 images to quickly evaluate a dog’s health based on its skin, coat, stool, dental, and weight. The global pet industry is poised to grow at a healthy rate, and Ollie is growing at a rate 10x the industry average.2 Following the acquisition of DIG Labs and its new data-driven capabilities, Ollie will continue expanding upon its brand mission by helping members provide the individualized love and care each dog deserves.

“We are thrilled to join Ollie to help carry our shared vision forward, stewarding new applications of our technology to empower people with greater insights about their pets’ health,” said DIG Labs co-founder and Ollie Chief Scientific Officer, Tara Zedayko. “We look forward to applying these technologies to improve pet health and improve their quality of life, which is so significantly impacted by their diet.”

About Ollie
Ollie believes our pups deserve better than the poor quality, one-size-fits-all pet food pet parents have been unknowingly feeding their pups for years. That’s why we made it our mission to provide the highest quality, human-grade food in personalized portions that lead to lean, healthy, happy pups and longer, more active lives. Our recipes are developed by experts in pets, food science, and vet nutritionists – and Ollie uses pet parent feedback and diagnostic data from hundreds of thousands of their dogs to continuously improve our formulations and deliver the healthiest outcomes. 
Follow Ollie on Instagram @ollie or visit www.myollie.com.

About Ollie Health Screenings

https://www.myollie.com/health-screenings/https://apps.apple.com/us/app/ollie-human-grade-dog-food/id1614301164

About DIG Labs
DIG Labs is an AI-enabled technology startup co-founded by Tara Zedayko and Jessica Chu to bring world-class image-based machine learning models and AI applications to caregivers in pet care and human health. DIG Labs enables real-time insights across research, clinical, operational, and consumer use cases. Most recently, DIG Labs partnered with some of the world’s leading pet care and baby care brands to provide its patented real-time image analysis tools for real-time health insights and action plans.

Media Contact: ollie@laruepr.com

1 Survey statistics are from April 2024. Ollie distributes membership satisfaction surveys on an ongoing basis every three months.

2 https://www.fortunebusinessinsights.com/pet-care-market-104749

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SOURCE Ollie

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iMarketKorea Signs Two MOUs with Vietnam’s Phu Tho Provincial People’s Committee and BIDV

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Participates in Korea-Vietnam Economic Delegation

Accelerates development of an industrial park in Phu Tho Province near Hanoi, while attracting advanced manufacturing companies and building a supply chain ecosystemPlans parallel development of an Inland Container Depot (ICD) to strengthen logistics competitivenessExpands discussions with Bank for Investment and Development of Vietnam (BIDV) on financial support measures and new business opportunities

HANOI, Vietnam and SEOUL, South Korea, April 27, 2026 /PRNewswire/ — iMarketKorea, a leading industrial materials distribution company led by CEO Kim Hak-jae, announced that it has signed two Memoranda of Understanding (MOUs) with the Phu Tho Provincial People’s Committee and Bank for Investment and Development of Vietnam during the MOU signing session at the Korea-Vietnam Business Forum, hosted by Korea’s Ministry of Trade, Industry and Energy and the Korea Chamber of Commerce and Industry. The company participated in the official Korea-Vietnam economic delegation.

As Vietnam’s investment environment continues to advance, cooperation in production infrastructure such as industrial parks has become increasingly important. Based on prior discussions with Phu Tho Province, iMarketKorea formalized this partnership through the latest agreements.

Located near Noi Bai International Airport, Phu Tho Province is emerging as a strategic logistics hub and an attractive production base for global companies. The province recorded 10.52% gross regional domestic product (GRDP) growth in 2025, ranking fourth among Vietnam’s provinces.

Through the agreement, iMarketKorea plans to develop a national industrial park in Phu Tho Province and actively attract global manufacturing companies. The company also aims to build a supply chain-driven industrial ecosystem by strengthening collaboration among related businesses centered around the industrial complex.

To enhance logistics competitiveness, iMarketKorea will also pursue the development of an Inland Container Depot (ICD) with bonded warehousing functions. An ICD is an inland logistics hub enabling customs clearance and cargo handling. When integrated with the industrial park, it is expected to improve import-export efficiency and strengthen the region’s attractiveness to manufacturers.

Kim Hak-jae, CEO of iMarketKorea, said, “This agreement establishes the foundation for integrated production and logistics infrastructure. Through cooperation with the Phu Tho provincial government and BIDV, we plan to establish a one-stop support system covering administration, finance, legal matters, and taxation. We will also create an environment where high-tech parts and materials companies can effectively utilize local incentives and gradually expand future cooperation.”

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/imarketkorea-signs-two-mous-with-vietnams-phu-tho-provincial-peoples-committee-and-bidv-302753801.html

SOURCE iMarketKorea

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Global Customers Are Taking a Closer Look at Focused Photonics Inc.

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HANGZHOU, China, April 24, 2026 /PRNewswire/ — For scientific instrument companies competing globally, differentiation increasingly depends on more than product specifications alone. Customers are looking beyond performance claims to assess whether a company can consistently translate technology into manufacturable products, proven applications, reliable delivery and long-term service support.

That shift was evident during Focused Photonics Inc.’s (FPI) Global Customer Experience Day 2026 in Hangzhou, where customers and partners from dozens of countries visited the company’s Qingshanhu Innovation Base, headquarters and live application sites. For many attendees, the event offered a closer look at how a China-headquartered scientific instrument company is building capabilities across R&D, manufacturing, systems integration and lifecycle support.

At Qingshanhu Innovation Base, visitors saw key stages of FPI’s operations firsthand, including engineering, precision manufacturing, system integration, testing and service readiness. For many international customers, these visits are less about viewing a production line and more about assessing execution: whether a supplier has the engineering discipline, manufacturing depth and support infrastructure required to deliver consistently in real operating environments.

This is becoming increasingly important across the industry. As customer expectations evolve, competition is moving beyond stand-alone instrument performance toward integrated solutions, automation, data integrity, compliance and lifecycle value. In industrial and environmental applications in particular, uptime, stability and workflow fit often matter as much as analytical capability.

At its global customer conference, FPI outlined how it is responding to that transition, highlighting continued investment across environmental monitoring, industrial process analysis, laboratory analysis and life science applications. The company is also expanding the role of digitalization, automation and AI to improve application readiness and solution delivery.

Application-focused exchanges during the event reinforced the same point. In discussions on environmental, industrial and laboratory scenarios, customers focused not only on performance metrics, but also on regulatory fit, workflow integration, long-term operation under complex conditions, and the ability of solutions to function reliably once deployed. These are increasingly central criteria in global purchasing decisions.

The clearest proof came from real-world settings. At the Hangzhou Ecological Environment Monitoring Center, visitors saw FPI’s automated water quality laboratory in operation, where sample handling, workflow continuity and data generation are integrated into day-to-day use. For customers, this offered a more concrete view of how a solution performs not just in demonstration, but in routine operation.

Taken together, the event underscored a broader industry reality: global competition in scientific instruments is increasingly defined not only by what a product can do, but by whether a company can manufacture it at scale, deploy it effectively, support it locally and sustain performance over time. That broader operational capability is becoming a decisive part of how international customers evaluate suppliers.

View original content:https://www.prnewswire.com/news-releases/global-customers-are-taking-a-closer-look-at-focused-photonics-inc-302753822.html

SOURCE Focused Photonics Inc.

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Straits Financial Services Pte Ltd Granted Overseas Intermediary Futures Broker Status by Shanghai Futures Exchange and Guangzhou Futures Exchange

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SINGAPORE, April 27, 2026 /PRNewswire/ — Straits Financial Services Pte Ltd (“SFSPL”), a member of Straits Financial Group, is pleased to announce that it has been granted overseas intermediary (OI) futures broker status by the Shanghai Futures Exchange (SHFE) and the Guangzhou Futures Exchange (GFEX).

This recognition marks an important milestone in expanding international access to China’s futures markets and further strengthens SFSPL’s ability to connect global investors with onshore opportunities.

As an overseas intermediary futures broker, SFSPL will be able to facilitate client access to selected products listed on SHFE and GFEX. The overseas intermediary model significantly lowers barriers to entry for international participants by removing the need for complex onshore structures and enabling more efficient cross-border access, while operating within China’s regulated market environment.

“As China’s futures market continues to open up, this recognition represents a meaningful milestone for both SFSPL and our clients,” said Roger Quek, Chief Executive Officer and Managing Director, Straits Financial Services Pte Ltd. “We are pleased to support international investors with more seamless access to China’s onshore derivatives market, while maintaining a strong focus on risk management, compliance, and execution efficiency.”

As China’s derivatives market continue to evolve, SFSPL is strongly positioned to support clients looking to deepen their involvement in this high-potential market.

SFSPL remains committed to delivering robust trading capabilities, seamless market access, and trusted expertise to help clients navigate global investment opportunities.

About Straits Financial Services Pte Ltd

At Straits Financial Services Pte Ltd, we distinguish ourselves by promoting key and innovative contracts to support the financial and commodity derivative markets as well as providing products and services to fulfill the needs of every trader.

With a strong presence in Asia and a deep understanding of the global markets, we provide value to our clients by enabling global access with a local perspective. Established in 2010, Straits Financial Services Pte Ltd is part of Straits Financial Group which is headquartered in Singapore.

Straits Financial Services Pte Ltd provides a fully-integrated service for our clients to access the financial and commodity derivative markets and we strive to build lasting relationships with our clients.

For more information, please visit our website at https://www.straitsfinancial.com.

This document is issued for information purposes only. This document is not intended and should not under any circumstances to be construed as an offer or solicitation to buy or sell, nor financial advice or recommendation in relation to any capital market product. All the information contained herein is based on publicly available information and has been obtained from sources that Straits Financial Services Pte Ltd believes to be reliable and correct at the time of publishing this document.

Straits Financial Services Pte Ltd will not be liable for any loss or damage of any kind (whether direct, indirect or consequential losses or other economic loss of any kind) suffered due to any omission, error, inaccuracy, incompleteness, or otherwise, any reliance on such information. Past performance or historical record of futures contracts, derivatives contracts, and commodities is not indicative of the future performance. The information in this document is subject to change without notice.

If after reading the foregoing content you have any doubts in relation thereto, please consult your own independent legal, financial and/or professional adviser.

View original content:https://www.prnewswire.com/apac/news-releases/straits-financial-services-pte-ltd-granted-overseas-intermediary-futures-broker-status-by-shanghai-futures-exchange-and-guangzhou-futures-exchange-302752994.html

SOURCE Straits Financial

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