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Scodix Announces Record-Breaking 2024: Achieves Profitability and 23% Revenue Growth, Driven by Groundbreaking Technology and Strategic Partnerships

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ROSH HAAYIN, Israel, April 1, 2025 /PRNewswire/ — Scodix (TASE: SCDX) the pioneer and global leader in digital embellishment, today announced its financial results and key milestones for the year ending December 31, 2024, marking a significant turning point in the company’s history.

2024 was a year of unprecedented growth and achievement for Scodix, highlighted by the company achieving operational profitability for the first time. The company reported a record $32.1 million in total revenue, representing a 23% year-over-year increase. This growth was fuelled by a 39% surge in system sales and a 4% rise in recurring revenue, demonstrating the strong demand for Scodix’s innovative technology and services.

Key financial highlights include:

Operational Profitability: Achieved for the first time in company historyGross Margin: Reached a robust 40.5%Positive Cash Flow from Operations: Generated $4.41 million

2024 marks a pivotal moment for Scodix,” said Eli Grinberg, Scodix’s CEO and Co-founder. “We have successfully transitioned to profitability-driven growth, validating our strategic focus on innovation, customer success, and operational excellence. The launch of our next-generation Ultra SHD technology at Drupa 2024, coupled with strategic partnerships with global packaging leaders has significantly strengthened our market position.”

Key Milestones of 2024:

Drupa 2024 Success: Launched the groundbreaking Scodix Ultra 6500 SHD and Ultra 2500 SHD, along with new applications, securing $13 million in pre-signed orders for 17 systems.Expanding Partnerships and Customer Reach: Secured deals with dozens of new global customers and significantly expanded its global network of partners:Secured multi-system deals with Celebrate Company and welcomed new global customers including Jujin (China), Peer Print Ltd (Israel), LPF (France), and Hampden (USA).Partnered with leading substrate and material suppliers: Winter & Company, Fedrigoni, Gmund Paper, and Mondi, which demonstrate Scodix’s ability to attract and serve major players in the packaging industry and highlight its cutting-edge capabilities, including printing on diverse substrates such as canvas and leather-like materials, among many others.Financial solutions provider: PEAC Solutions, a leading multi-national asset finance platform.Expanded distribution network: New distributors worldwide, increasing Scodix’s reach in additional countries.Investment in Open House Events: Implemented targeted, high-ROI marketing events, strengthening customer engagement through training and demonstrations.Customer Success Division: Established a dedicated division to enhance post-sale customer engagement and satisfaction.

“Our commitment to innovation and customer success is driving our momentum,” added Grinberg. “The strong pipeline for analog-to-digital transitions and the expansion of our recurring revenue streams position us for continued growth. We are planning to scale our success and maximize value for our stakeholders.”

Market Growth and Sustainability:

Scodix is capitalizing on the rapidly expanding digital embellishment market, which boasts a 14.2% CAGR[i], the highest growth rate in the industry. This surge is driven by increasing demand for custom packaging, short runs, luxury solutions, and security printing. Scodix stands at the forefront of this growth, leveraging its innovative technology to meet these evolving market needs.

The company’s strategic market leadership is further solidified by its transition to profitability, a historic first, and its ability to capture significant portions of the >$2.5 billion yearly consumables[ii] and >$6 billion total system markets (TAM)[iii]. With over 40 registered patents and 400 installed systems worldwide, Scodix continues to pioneer digital print enhancement solutions. The company’s successful business model, evidenced by 37% of revenue from recurring sales and a 23% YoY revenue growth, underscores the company’s robust market position.

Scodix continues to lead the charge in sustainability, offering the most eco-friendly digital embellishment solution in the industry. The company’s technology boasts an 80% lower environmental impact compared to competitors, significantly reducing carbon emissions, water consumption, and pollutants. LCA studies confirm a 7x lower carbon footprint than analog methods, highlighting Scodix’s commitment to driving a transition to more eco-friendly materials.

This sustainability leadership is particularly relevant in the packaging sector, the fastest-growing segment with an 8% CAGR[iv], where demand for eco-conscious premium solutions is rapidly increasing.

The expansion of Scodix’s partner network and customer base, combined with the positive reception of the Ultra SHD technology at Drupa 2024, creates a strong foundation for the company’s future growth and its position as a market leader.

About Scodix:

Scodix Ltd. is a global leader in digital print embellishment, offering advanced presses that empower print service providers and converters to create value-added products. With 16 embellishment applications – embossing, varnish, foil, variable data, Cast & Cure, glitter, braille, metallic, security, uncoated, and crystal – Scodix solutions enable brands to differentiate while promoting sustainability.

Copyright 2025. All brand names are the property of their respective owners and may or may not be trademarked. Scodix is traded on the Tel Aviv Stock Exchange (SCDX).

Media Contact:
Nick Jones
PR
nick.j@scodix.com

i Business Research Insights; internal analysis
ii Polaris Market Research; internal analysis
iii Grand View Research; internal analysis
iv Mordor Intelligence; internal analysis 

Logo: https://mma.prnewswire.com/media/2655014/Scodix_Logo.jpg

 

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SOURCE Scodix

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Vodafone Business and Geely Technology Europe Extend Partnership to Drive Vehicle Innovation

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SINGAPORE and LONDON, June 3, 2026 /PRNewswire/ — Vodafone Business and Geely Technology Europe (GTEU), the European R&D organisation within Geely Auto Group, have extended their partnership to include Internet in the Car, Mobile Private Networks, and Cloud Connect solutions.

The Internet in the Car service from Vodafone Business supports capabilities such as diagnostics and over-the-air software updates, while Cloud Connect ensures secure data transfer between vehicles and cloud systems. This means Geely can monitor vehicle’s performance and support improvements to the driver experience.

In addition, Vodafone provides secure and reliable connectivity across Geely Technology Europe’s operations in Germany and Sweden, as well as with its pan-European sales teams.  

GTEU plays a key role in developing the vehicle architectures, digital platforms, and intelligent systems. These provide customers with highly responsive integrated in-car internet and digital services such as dynamic EV charging planning and 3D lane guidance. Central to this is equipping vehicles with the latest software, data, and connected services. 

Moving beyond simple transport solutions
Giovanni Lanfranchi, CEO at Geely Technology Europe, said: “We’ve moved beyond simple transport solutions. Today, vehicles can be continuously improved through software, with data and connectivity enabling a more responsive and personalised user experience over time.”

Vodafone Business’ vehicle services support GTEU in responding to customer insights, continuously enhancing its vehicles long after they leave the showroom. One example is Zeekr Navigation, where secure, always‑on connectivity enables instant in‑vehicle customer feedback. This shortens development cycles and improves GTEU’s ability to identify issues and deploy improvements rapidly.

Fanan Henriques, Vodafone Business Product and International Business Director of Vodafone Business, added: “As the adoption rate of electric vehicles continues to grow, the opportunities to enhance their safety, efficiency and the user experience through digital connectivity are significant. We’re supporting Geely’s growth in vehicle sales across Europe and its operations with a secure, multi-service digital infrastructure.” 

98% of vehicles connected
Vodafone Business is providing solutions tailored to international cybersecurity, data protection, and regulatory compliance needs, while enabling Geely to scale rapidly across regions by leveraging Vodafone’s extensive global network. For example, Vodafone Internet in the Car service combines Vodafone’s global managed IoT connectivity platform, which currently has over 240 million connections worldwide, with local internet service providers. 

By 2030, it’s expected that more than 98% of new passenger vehicles sold will be connected. Vodafone Business, working with Geely, is ready to help drive this expansion.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/vodafone-business-and-geely-technology-europe-extend-partnership-to-drive-vehicle-innovation-302789925.html

SOURCE Vodafone Business and Geely Technology Europe

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Beijing Review: Wisdom Without Borders: People are born with different talents, but knowledge grows only through learning

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BEIJING, June 3, 2026 /PRNewswire/ — “People are born with different talents, but knowledge grows only through learning.” The quote comes from Lunheng, a work written by Eastern Han Dynasty (25-220) thinker Wang Chong. It means that although people differ in terms of natural gifts, their knowledge of the world and the skills they build are all shaped through learning.

 

A society that values learning is bound to be energetic and pioneering, and reading is one of the most important paths to learning. People everywhere have valued reading since ancient times–and China is no exception. From Su Qin of the Warring States period (475-221 B.C.), who kept himself awake while studying by pricking his thigh with an awl, to Kuang Heng of the Western Han Dynasty (206 B.C.-A.D. 25) , who, unable to afford candles, famously chiseled a hole through a wall to borrow light from his neighbor’s candle to read at night, and Che Yin of the Eastern Jin Dynasty (317-420), who read by the glow of fireflies gathered in a silk bag, these well-known tales of reading have continued to inspire generations.

Since the launch of its reform and opening-up policy in 1978, China has stepped up its efforts to boost interest in reading, and build a learning society. Since the new era began in 2012, this nationwide reading drive has evolved from a broad social call into a national strategy. Since 2014, the phrase “fostering a love of reading among the public” has been included in the annual government work report for 13 consecutive years. The outline of the 15th Five-Year Plan (2026-30) also calls for further promoting reading initiatives nationwide to foster a reading culture across all segments of society.

Libraries, community reading rooms, rural bookhouses and other public reading spaces have spread across both the urban and rural landscapes. Brick-and-mortar bookstores, specialty bookshops and cultural salons have created immersive settings for more engaged reading.

In the digital age, reading has gone from turning pages to tapping through entire libraries on a screen. Technology is making reading not just easier, but more enjoyable.

The overall reading rate among China’s adult citizens reached 82.3 percent in 2025. On average, each adult read 8.39 printed and e-books combined that year.

On February 1, 2026, the Central Government’s regulations on public reading promotion officially took effect, marking the transition of China’s national reading drive from policy guidance to legally binding mandate. The fourth week of April each year has now been designated as National Reading Week. From April 20 to 26, 2026, China celebrates its first National Reading Week, which coincides with the 31st World Book Day on April 23. Across the country, reading events are in full swing.

Today, knowledge is advancing at a much faster pace, while people are taking on increasingly specialized roles in society. New technologies and industries, from AI to the metaverse, are evolving at great speeds.

Together, these factors have not only opened up a broad stage for young people to showcase their talent, but also placed unprecedented demands on their knowledge base and innovative capacity. Only through sustained reading and learning can they keep pace with the times and ride the wave of change.

By reading and learning, people can enrich their minds, strengthen their character and broaden their horizons, which will help them keep up in a rapidly changing world.

In reading, we cultivate wisdom. In learning, we sharpen our abilities. To carve out a successful path in life–that should be the shared pursuit of all those seeking to better themselves through reading and learning.

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SOURCE Beijing Review

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BDx Data Centers Secures Indonesia’s Largest Data Center Power Commitment at 1.2 GW, Strengthening Strategic Partnership with PLN Across National AI Infrastructure Platform

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Landmark 788 MVA allocation for CGK4 Jatiluhur, major capacity energization at CGK3A South Jakarta, and strategic grid expansion at CGK5 Suryacipta position BDx Indonesia as the nation’s largest operator-neutral AI and digital infrastructure platform

SINGAPORE and JAKARTA, Indonesia, June 3, 2026 /PRNewswire/ — BDx Data Centers (BDx) announced a series of transformative power milestones achieved in a strategic partnership with PT Perusahaan Listrik Negara (Persero) (PLN), significantly expanding Indonesia’s AI and hyperscale infrastructure capacity.

These milestones include:

Securing 788 MVA of contracted grid power for BDx’s flagship CGK4 AI Campus in Jatiluhur, West JavaSuccessfully energizing CGK3A in Cilandak, South Jakarta, with a substantial power capacity expansion to ~60 MVAAdvancing high-voltage grid infrastructure at CGK5 in Suryacipta, West Java, with up to 385 MVA of secured power capacity.

Together, these developments bring BDx Indonesia’s total secured power portfolio to 1.2 GW – representing the single largest power commitment secured by any data center operator in Indonesia. This milestone reinforces BDx’s leadership in building Indonesia’s sovereign AI, cloud, and digital economy infrastructure, while deepening its long-term strategic relationship with PLN.

Agus Hartono Wijaya, CEO of BDx Indonesia said “Reliable and scalable power is foundational to Indonesia’s AI and digital infrastructure development. PLN’s professionalism and execution have been critical in enabling the expansion of our capacity across Jakarta and West Java. This collaboration supports the build‑out of resilient, AI‑ready infrastructure that can meet long‑term demand from enterprise, hyperscale, and sovereign workloads.”

Adi Priyanto, Director Retail & Commerce of PLN said “PLN remains committed to supporting strategic digital industries through reliable and scalable power infrastructure. Our collaboration with BDx reflects PLN’s role in enabling Indonesia’s AI and digital economy to grow in a resilient and sustainable manner.”

“Indonesia’s accelerating demand for AI and digital services requires close coordination between infrastructure providers and the national power ecosystem,” said Martindar Jalu Respati, Senior Manager, Commercial & Customer Management, PLN West Java Distribution Main Unit. “PLN is proud to support the development of large-scale, high-reliability digital infrastructure that strengthens Indonesia’s competitiveness as a regional technology and AI hub.”

BDx’s Indonesia portfolio represents the most advanced AI infrastructure ecosystem in Southeast Asia. CGK4, Indonesia’s first NVIDIA DGX-Ready-certified campus, delivering up to 650 MW of renewable-aligned capacity — already supporting H100-class GPU deployments for AI training and sovereign cloud workloads. CGK3 brings liquid-cooled, high-density compute to Jakarta, purpose-built for next-generation AI platforms including NVIDIA GB200. CGK5, at 300 MW, extends BDx’s hyperscale footprint and, together with CGK4, CK5, anchors Indonesia’s sovereign AI digital infrastructure.

View original content:https://www.prnewswire.com/apac/news-releases/bdx-data-centers-secures-indonesias-largest-data-center-power-commitment-at-1-2-gw-strengthening-strategic-partnership-with-pln-across-national-ai-infrastructure-platform-302789946.html

SOURCE BDx Data Centers (BDx)

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