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MiMedia Issues Update and Observations from Industry Leading Mobile World Congress Conference in Barcelona, Spain

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New Upside with US OEM Partner Orbic to Build and Sell Popular Caterpillar Branded Rugged Device Product Line

NEW YORK, March 12, 2025 /CNW/ – MiMedia Holdings Ltd. (TSXV: MIM) (OTCQB: MIMDF) (FSE: KH3) “MiMedia”, “Company”) is pleased to provide an update and some observations from last week’s Mobile World Congress (“MWC”) Conference in Barcelona, having just returned from the event. 

Chris Giordano, MiMedia’s CEO, summarized: “We were thrilled to meet with a few of our existing partners that attended Mobile World Congress and all of them expect a strong 2025.  Most notably, we spent time with our US based OEM partner Orbic.  Orbic showcased their impressive new line of smartphones slated for release globally in 2025 that will include MiMedia as the default media gallery.” 

Orbic also featured a new line of Caterpillar branded “rugged devices”, including smartphones and tablets, and noted in several interviews at the show that they will now manufacture and sell Caterpillar rugged devices to the global market.  Rugged devices are mobile devices built to withstand harsh environments with integrated features, such as Bluetooth, walkie-talkie, data/voice communication, GPS tracking and Wi-Fi, ideal for industries like construction, emergency services, hospitality and emergency response.

Mr. Giordano added, “Caterpillar is a big win for Orbic and MiMedia, as it is believed that the rugged smartphone market hit $1.3 Billion in 2024 and analysts project that market can grow to $3.7 Billion by 20331. Caterpillar has built a strong following in this market category.  Now partnering with Orbic, Caterpillar should continue to expand its strong market position and MiMedia is excited to be part of this growth going forward.  As this new line rolls out later this year, the new devices will add to our 35 million plus smartphones already contracted with our partners to be deployed over the next 24 months.”

Mr. Giordano continued, “In addition to the exciting Orbic and Caterpillar news, we had a highly successful conference.  Our business development team conducted a full slate of meetings each of the four days of the conference, meeting with a number of leading global OEMs and Telcos.  We received a strong reception to the MiMedia platform, our AI driven technology and our high value proposition for consumers and their Telco and OEM service providers, which are also our target partners.  We believe MiMedia is well positioned to sign a number of new partners in the coming months that can deploy as early as next quarter with MiMedia integrated.”   

Mr. Giordano finally added, “From a market trend perspective, one takeaway from the week was the growing role of AI in our industry.  Given our years developing our patented, proprietary tech platform and the strength of our AI offering, we feel solid about our competitive advantages with AI and will continue to add additional AI driven features to extend our market lead.”

 

About MiMedia:  MiMedia Holdings Inc provides an AI based next-generation consumer cloud platform that enables all types of personal media to be secured in the cloud, accessed seamlessly at any time, across all devices and on all operating systems. The company’s platform differentiates with its rich media experience, robust organization tools, private sharing capabilities and features that drive content re-engagement, many of which are based on advanced and proprietary AI technologies.  MiMedia partners with smartphone makers and telecom carriers globally and provides its partners with recurring revenue streams, improved customer retention and market differentiation. The platform services millions of engaged users around the world.  For more information about MiMedia, visit: www.mimedia.com.

Notice regarding forward-looking statements: This release includes forward-looking statements regarding MiMedia, and their respective businesses, which may include, but is not limited to, statements with respect to the completion of a Transaction, appointment or any other decision made by the business. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “is expected”, “expects”, “scheduled”, “intends”, “contemplates”, “anticipates”, “believes”, “proposes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such statements are based on the current expectations of the management of MiMedia. The for-ward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the companies, including risks regarding the MiMedia industry, failure to obtain regulatory or shareholder approvals, economic factors, the equity markets generally and risks associated with growth and competition. Although MiMedia have attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and MiMedia undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. 

NEITHER THE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE MiMedia

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QUAD GmbH Expands Its Technology Offerings and Relationship with Vuzix with Follow-on Six-figure Smart Glasses Order

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March 19, 2025

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ROCHESTER, N.Y., March 19, 2025 /PRNewswire/ — Vuzix® Corporation (NASDAQ: VUZI), (“Vuzix” or, the “Company”), a leading supplier of AI-powered Smart glasses, waveguides and Augmented Reality (AR) technologies, today announced that the Company has received and shipped against a follow-on six-figure smart glasses order from QUAD GmbH (“QUAD”), a leading distributor and consulting company in the areas of Auto-ID, Transport, Logistics and OEM Integration. QUAD’s newly formed QUAD Advanced Systems division provides full scale services and support for Vuzix products to its customers throughout Europe, focusing on the field service, manufacturing, security, warehouse and logistics and healthcare market verticals.

QUAD Advanced Systems, which consolidates its previous auto ID, transport, logistics and OEM divisions under one roof, will provide comprehensive support throughout the product lifecycle. Their deep technical knowledge of Vuzix smart glasses extends to real-world applications, including remote monitoring and operations assistance, warehousing logistics, and medical field innovations, where AR technology enhances operational precision and efficiency. QUAD’s expertise enables tailored solutions, such as optimizing smart glasses for inventory management, remote expert collaboration, or surgical support. To accelerate decision-making, QUAD facilitates rapid online demos, allowing clients to experience Vuzix technology virtually, followed by personalized guidance to connect with the best-fit reseller for their industry-specific needs.

“QUAD prides itself in investing in the future, and partnering with Vuzix ensures that we continue that tradition of providing truly state-of-the-art solutions for our customers,” said Andreas Wey, CEO of QUAD GmbH. “Operational efficiency is a real differentiator, and nothing encapsulates that more than the use of AR technology enabled through the use of smart glasses. We are absolutely delighted to both offer and support the Vuzix product range across our core vertical markets.”

“We are excited to be expanding our relationship with QUAD, who has built a strong reputation as a premier European distributor of technology and consulting services over the past 30 years,” said Paul Travers, President and CEO of Vuzix. “QUAD’s hands-on approach in sectors like healthcare and warehousing, combined with its ability to troubleshoot real-time challenges, underscores its role as a valued Vuzix partner.”

About Vuzix Corporation

Vuzix is a leading designer, manufacturer and marketer of AI-powered Smart Glasses, Waveguides and Augmented Reality (AR) technologies, components and products for the enterprise, medical, defense and consumer markets. The Company’s products include head-mounted smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality, as well OEM waveguide optical components and display engines. Vuzix holds more than 425 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and the augmented reality wearables field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2024 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in: Rochester, NY; and Kyoto and Okayama, Japan. For more information, visit the Vuzix website, Twitter and Facebook pages.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix Smart Glasses, our business relationship and future opportunities with QUAD GmbH and its customers, and among other things the Company’s leadership in the Smart Glasses and AR display industry. They are generally identified by words such as “believes,” “may,” “expects,” “anticipates,” “should” and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company’s beliefs and assumptions as of the date of this release. The Company’s actual results could differ materially due to risk factors and other items described in more detail in the “Risk Factors” section of the Company’s Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

Vuzix Media and Investor Relations Contact:

Ed McGregor, Director of Investor Relations,
Vuzix Corporation
ed_mcgregor@vuzix.com  
Tel: (585) 359-5985

Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com  www.vuzix.com

 

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SOURCE Vuzix Corporation

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China-Austria Economic and Trade Cooperation Forum and 3rd CISCE Promotion Held in Vienna

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March 19, 2025

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VIENNA, March 19, 2025 /PRNewswire/ — The China-Austria Economic and Trade Cooperation Forum, in conjunction with a promotional event for the third China International Supply Chain Expo (“CISCE”), was held in Vienna, Austria. The gathering brought together over 200 representatives from trade and investment promotion agencies, business associations, and companies from both China and Austria. During the forum, China International Exhibition Center Group spotlighted the upcoming CISCE and inked cooperation agreements with key Austrian institutions and businesses.

Ren Hongbin, chairman of the China Council for the Promotion of International Trade (“CCPIT”), praised the recent progress in Sino-Austrian collaboration across multiple sectors. He highlighted China’s readiness to work closely with Austrian partners to leverage complementary strengths in resources and industrial frameworks. Ren also encouraged businesses from both nations to explore new opportunities for business expansion and invited Austrian businesses and institutions to participate in the 3rd CISCE.

The event was attended by Christoph Matznetter, Vice President of the Austrian Federal Economic Chamber, and Qi Mei, the Chinese Ambassador to Austria, among other prominent guests.

Austrian representative, noted that the forum represented the first significant economic and trade event between Austria and China since the inauguration of the new Austrian government, underscoring its crucial role in strengthening bilateral relations. He affirmed China as a reliable partner and lauded the CISCE as a leading exhibition dedicated to enhancing international industrial and supply chain cooperation. He also expressed optimism about broader cooperation to address global challenges and uphold international trade norms.

The China International Supply Chain Expo, recognized as the world’s premier national-level exhibition focused on supply chains, aims to facilitate integration across upstream, midstream, and downstream sectors, connect businesses of all sizes, encourage collaboration between industry, academia and research institutions, while enhancing interaction between Chinese and multinational businesses. Under the theme Connecting the World for a Shared Future, it has emerged as a crucial platform for bolstering international cooperation in industrial and supply chains. The 3rd CISCE will be held from July 16th to 20th in Beijing, with exhibition zones featuring Advanced Manufacturing, Clean Energy, Smart Vehicle and more, with over 300 companies already confirming their participation.

Earlier this year, the promotional events for CISCE were held in Germany, Switzerland, Portugal, and the UK to reinforce cooperative ties between China and European nations, broadening and deepening bilateral economic and trade relations.

Photo – https://mma.prnewswire.com/media/2645319/photo.jpg
Logo – https://mma.prnewswire.com/media/2427202/CISCE_Logo.jpg 

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Alamar Biosciences Announces First Five Distribution Partners, Expanding Commercial Support in Asia Pacific

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March 19, 2025

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FREMONT, Calif., March 19, 2025 /PRNewswire/ — Alamar Biosciences, a company powering precision proteomics to enable the earliest detection of disease, is pleased to announce the signing of five new distribution partners to expand its global presence. The company has partnered with established industry leaders across key international markets to enhance access to its innovative proteomics technologies.

The newly signed distribution partners include:

GeneWorks – Australia and New ZealandGenomax – SingaporePhileKorea – South KoreaScrum Inc. – JapanSpinco – India

“We are excited to welcome these outstanding partners to the Alamar network,” said Yuling Luo, Ph.D., Founder, Chairman and CEO of Alamar Biosciences, “Their deep expertise in the life sciences industry and strong regional presence will allow us to bring our next-generation proteomics solutions to more researchers and clinicians worldwide.”

Alamar’s technology empowers scientists to achieve groundbreaking insights in biomarker discovery, drug development, and disease research. Through these new partnerships, researchers in Asia-Pacific will now have enhanced access to Alamar’s cutting-edge platforms and technical support.

Alamar remains committed to supporting the scientific community with best-in-class tools that enable high-sensitivity protein analysis. For more information on Alamar’s distribution network and solutions, visit alamarbio.com.

About Alamar Biosciences, Inc.

Alamar Biosciences is a privately held life sciences company with a mission to power precision proteomics to enable the earliest detection of disease. The company’s proprietary NULISA™ Platform along with the ARGO™ HT System work seamlessly with the latest advances in genomics to achieve single digit attomolar detection sensitivity, greatly surpassing the most sensitive protein detection technology on the market today. For more information, please visit alamarbio.com.

 

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SOURCE Alamar Biosciences, Inc.

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