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Completion of Secondary Placing of Ordinary Shares in NextVision Stabilized Systems Ltd.

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THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

RA’ANANA, Israel, June 18, 2026 /PRNewswire/ — NextVision Stabilized Systems Ltd. (TASE: NXSN) (“Nextvision” or the “Company”), a growth technology company that develops, manufactures, and markets stabilized day-and-night imaging solutions for ground and aerial platforms such as micro and mini UAVs and drones, offering one of the world’s best weight/size-to-performance ratios, today announced that a group of current shareholders of NextVision, including founders and members of the management team – namely Chen Golan, Michael Grosman, Boris Kipnis, and Nachman Benchaya (the “Selling Shareholders”) – have sold 2,113,416 ordinary shares at a price of NIS 272.00 to Global and Israeli institutional investors through a bookbuilding process, raising NIS 575 million (approximately $197 million) in gross proceeds (the “Placing”). The shares are expected to settle on June 19 2026 subject to customary closing conditions.

Commented Chen Golan, Founder and Chairman of NextVision, “Over the past 17 years, the founding shareholders of NextVision, who continue to lead the business, have been instrumental in building NextVision into a high-quality market leader, and we remain fully committed to the Company’s long-term success and its evolution into a global leader in the drone market. This transaction represents a partial and coordinated monetisation of a portion of the founders’ holdings in NextVision, while all preserving a very meaningful ownership position and strong alignment with shareholders. At the same time, we have seen strong interest from international investors in our shares and wanted to use this opportunity to broaden the Company’s investor base with additional long-term shareholders. Through this process, we aim to improve trading liquidity, and support the Company’s continued growth, while maintaining significant exposure to and confidence in NextVision’s long-term prospects.”

The Company itself will not receive any proceeds from the Placing.

Jefferies is acting as Sole Global Coordinator and Joint Bookrunner in the Placing. UBS and Needham are acting as Joint Bookrunners and Leader Capital Markets is acting as Sole Local Manager. 

In connection with the Placing, the Selling Shareholders have agreed to undertake a lock-up commitment for 90 calendar days, subject to certain customary exceptions and exemptions.

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

The securities referred to in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the securities laws of any state of the United States, and may not be offered, sold, resold or delivered, directly or indirectly, in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. In the United States, any offer of the ordinary shares will be made only to “qualified institutional buyers” as defined in and in reliance on Rule 144A under the Securities Act or another available exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Outside the United States, any offer will be made in accordance with Regulation S of the Securities Act.

This announcement does not constitute a recommendation concerning any investor’s investment decision with respect to the Placing. Recipients of this announcement should conduct their own investigation, evaluation and analysis of the business, data and other information described in this announcement. This announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in NextVision’s securities. The price and value of securities can go down as well as up and investors may not get back the full amount invested upon the disposal of the shares. Past performance is not a guide to future performance. The contents of this announcement are not to be construed as legal, business, financial or tax advice. Each investor or prospective investor should consult with his or her or its own legal adviser, business adviser, financial adviser or tax adviser for legal, business, financial or tax advice.

Any indication in this announcement of the price at which NextVision’s shares have been bought or sold in the past cannot be relied upon as a guide to future performance. Persons needing advice should consult an independent financial adviser. No statement in this announcement is intended to be a profit forecast or profit estimate for any period and no statement in this announcement should be interpreted to mean that earnings, earnings per share or income, cash flow from operations or free cash flow for NextVision for the current or future financial periods would necessarily match or exceed the historical published earnings, earnings per share or income, cash flow from operations or free cash flow for NextVision.

International Investor Relations

Ehud Helft
nextvision@ekgir.com
EK Global Investor Relations
(US) +1 212 378 8040

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SOURCE NextVision

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Treeni Sustainability Solutions Appoints Vivek Rawat to Its Advisory Board to Accelerate Next Phase of Growth

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Go-to-market and revenue leader to advise Treeni on building a Scalable and Sustainable growth engine as it expands its consulting-led, outcome-accountable ESG managed services.

BENGALURU, India, Sept. 11, 2026 /PRNewswire/ — Treeni Sustainability Solutions, a consulting-led ESG managed services company, today announced the appointment of Vivek Rawat to its Advisory Board. Mr. Rawat will work closely with Treeni’s leadership on customer acquisition, market positioning, revenue growth, and strategic alliances as the company scales its resustAIn™-powered managed service solutions to enterprise and mid-market clients in India and globally.

The appointment comes at an important stage in Treeni’s evolution. Sustainability is increasingly shifting from a periodic disclosure exercise to a continuously managed business function, driven by tightening reporting regimes, buyer-led supply chain requirements and growing scrutiny from investors and rating agencies. Treeni addresses this growing complexity by combining sustainability expertise, technology and end-to-end managed services to drive measurable outcomes. The company is now focused on taking this differentiated model to a wider set of clients.

Vivek Rawat is a Founding Member of the Winning by Design Growth Institute, where he works with senior executives to design Revenue and Growth Architecture for scalable, sustainable growth. He specializes in helping technology companies build predictable, repeatable growth engines — connecting strategy, sales execution, customer expansion, and revenue operations. His expertise will complement Treeni’s focus on expanding its differentiated delivery model while maintaining the quality and accountability that underpin its client relationships.

Vivek Rawat brings more than two decades of experience building and scaling technology businesses and revenue organisations. His career includes senior leadership roles at IBM, SAP and CSC across enterprise software sales, global alliances, ecosystems, channels and P&L, as well as advisory work with high-growth technology companies including BrowserStack and Lentra.

Ankush Patel, Founder and Chief Executive Officer, Treeni Sustainability Solutions, said, “We have spent years building the domain expertise, technology and delivery model to solve end-to-end sustainability requirements for our clients. Our next challenge is to scale this value proposition across a wider set of clients, industries and markets. Vivek brings exactly the kind of experience we need at this stage. He understands how to build repeatable growth systems and the organisational capabilities required to scale. We are excited to have him join us as we enter this next phase of growth.”

“Sustainability is one of the few categories where the market need is not in question; the question is whether businesses can find a partner that can help them turn ambition into execution,” said Vivek Rawat. “What attracted me to Treeni is that it has built a model that enables businesses to move from sustainability intent to measurable execution. It has a strong foundation across domain expertise, technology, and delivery. The opportunity now is to build the commercial engine that can take this value proposition to more organisations in a disciplined and repeatable way. I am excited to work with Treeni as it takes this next step.”

The appointment of Vivek Rawat is part of Treeni’s broader effort to strengthen its leadership and advisory capabilities as it enters its next phase of growth. Treeni intends to expand its Advisory Board with leaders bringing complementary expertise across sustainability, technology and enterprise growth.

About Treeni Sustainability Solutions

Treeni brings deep ESG domain expertise and acts as its clients’ Trusted Advisor — owning the ESG programme end-to-end as a consulting-led managed service, powered by resustAIn™, and accountable for outcomes, not just advice.

Headquartered in Bangalore, India, Treeni delivers its managed services through three purpose-built resustAIn™ offerings: resustAIn™ ESG+ for enterprise ESG performance, emissions management, reporting and disclosure; resustAIn™ SCSM for supply chain sustainability management; and resustAIn™ Zero for small and mid-sized enterprises responding to customer and regulatory requirements. Treeni serves clients across manufacturing, technology services, pharmaceuticals and industrial sectors in India and internationally.

For more information, visit www.treeni.com.

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PITAKA Introduces iPhone 18 Case Collection Featuring Advanced Protection and Refined Design

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The Edge and Guard series combine lightweight aramid fiber with enhanced protection, innovative craftsmanship, and an expanded palette of nature-inspired patterns.

HONG KONG, Sept. 11, 2026 /CNW/ — Following the successful debut of its “Signals in the Wind” brand event in Berlin on September 4, where PITAKA presented its latest designs inspired by nature, the brand today introduced its latest case collection for the iPhone 18 series. The recognition comes on the heels of PITAKA’s NYPDA Gold Award win, with the brand earning an IFA Innovation Award Honoree 2026 designation during IFA 2026, where its product was showcased, as well as a Best of IFA award from Yanko Design. Featuring two distinct lines — Edge and Guard — the collection combines premium aramid fiber with enhanced drop protection and a broader range of woven patterns, bringing PITAKA’s signature material approach to Apple’s latest lineup.

“With this collection, we wanted every material decision to say something — not just protect the phone, but change how it feels in your hand,” said James Zheng, Founder of PITAKA. “Edge and Guard represent two different answers to the same question: how do you add protection without losing the thing that made aramid fiber worth using in the first place — the way it feels, moves, and ages with you.”

Edge Series: Lightweight and Close-Fitting Protection

The Edge Series emphasizes a minimal profile, utilizing woven aramid fiber to provide everyday scratch and drop protection without adding bulk. Its textured surface offers natural friction for an ergonomic, non-slip grip.

The case integrates PitaTap™, PITAKA’s proprietary capacitive camera button, built by seamlessly embedding a sensor into less than 1mm of aramid fiber through a one-piece molding process. To boost impact absorption without compromising weight, the case incorporates Mammoth Resin™ — a proprietary compound developed over 14 months through 300 formulation iterations and more than 400 drop tests, delivering up to twice the drop resistance of PITAKA’s previous resin. A subtle P-angle corner design further simplifies installation and removal.

Guard Series: Enhanced Impact Resistance and Seamless Craftsmanship

The Guard Series introduces two distinct models — Cairn and Summa — tailored for users seeking higher levels of defense:

Cairn Case: Combines woven aramid fiber with impact-resistant TPU and an upgraded Bow-Arc Corner Buffer 2.0. Inspired by outdoor gear structures, this design reinforces corner protection against severe drops while giving the case a rugged aesthetic.Summa Case: Leverages 3D thermoforming technology to wrap aramid fiber smoothly around the edges, resulting in a continuous woven surface with virtually no visible seams. It features a high-toughness resin core and a built-in lanyard anchor for added everyday security.

Expanded Color Palette and Nature-Inspired Patterns

The collection expands PITAKA’s woven lineup with new design categories:

Wind Over Wheat Series: Available in Golden Drift, Surging Awn, and Berlin Nocturne.Argyle Finishes: Offered in Lava Black, Abyss Blue, Burgundy, and Blue’s Red.Moment Series: Featuring updated iterations of classic weaves alongside new seasonal patterns.

Stay tuned for even more series and patterns coming soon.

Each pattern draws inspiration from elements in nature — light, movement, and natural textures — woven directly into the structural aramid fibers.

Beyond Phone Cases: Expanding the Ecosystem

Under the design motif “What Else Can It Be?” the iPhone 18 launch also marks an expansion of PITAKA’s broader product ecosystem. The brand is applying its aramid and carbon-fiber craftsmanship to everyday tech essentials, including carbon-fiber watch bands, bi-fold wallets, and MacBook protective cases.

Pricing and Availability

The iPhone 18 case collection starts at $59.99 and is available today on the official PITAKA’s Official Website and Amazon. Cases for Apple’s first foldable device, the iPhone Ultra — including front covers, back covers, and full combination sets — range from $54.99 to $109.99.

About PITAKA

PITAKA is a material technology and lifestyle brand exploring how materials, craftsmanship, and design can transform interaction with everyday technology. Guided by its philosophy of Material & Sense, PITAKA crafts aramid-fiber cases, MagSafe accessories, and ecosystem solutions for Apple and Samsung devices.

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SOURCE PITAKA

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Lorex Connect Expands V Series Lineup with Professional-Grade 4K Security Solutions for Homes and Businesses

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The new V7 4K PoE Camera and VF 16-Channel NVR feature enhanced low-light performance, intelligent detection and improved system capacity, expanding the Lorex Connect V Series’ range of versatility.

TORONTO, Sept. 10, 2026 /PRNewswire/ — Lorex Technology, a generational leader in privacy-first security, announced today the release of the V7 4K PoE Camera and VF 16-Channel NVR while spotlighting the V Series connected ecosystem. The new side-by-side releases take another bold step in shaping the Connect V Series around premium hardware and powerful software control.

Designed for both residential and commercial properties, every V Series camera leverages Power over Ethernet (PoE) technology to carry power and high-definition video over a single cable. Building on this reliable, simplified practicality, the V7 camera introduces a new upper tier of video performance, backed by the VF NVR’s upgraded capacity, channel count, and feature support to enable robust, commercial-grade video security in a wide variety of settings.

V7 4K PoE Camera: Premium Video Capture Headlining a Dynamic Lineup

The new V7 camera introduces the V Series’ best low-light performance and wide-area coverage yet. Able to capture clear, vivid color footage in dark environments without relying on bright spotlights, it ensures crucial details remain visible any time of day or night. An ultra-wide viewing angle allows a single unit to monitor expansive spaces like long driveways, commercial storefronts, or large parking lots that would normally require multiple cameras.

When paired with the new VF NVR channel, the V7 delivers premium license plate and facial recognition capabilities, providing actionable updates when familiar people and vehicles enter the property, regardless of lighting or weather conditions. The V7 also features Lens Distortion Correction, which is enabled when paired with a compatible NVR and reduces the curvature caused by wide-angle footage, helping keep straight lines straight for a clearer, more true-to-life view.

Designed with an IP67-rated all-weather housing, the V7 delivers reliable, high performance outdoor security built to last, whether monitoring your home or business.

Supporting the Lorex Connect V Series’ versatile utility are the existing V3 and V5 cameras. The foundational V3 provides essential high-definition protection through clear video in light and dark scenes, smart alerts based on person and vehicle detection, and a warning light and siren for active deterrence. The V5 raises the bar by implementing intrusion, line-crossing, and tampering detection to protect both an extended area of a property and the security system itself. It also upgrades low-light performance using AI-supported image processing for better color accuracy while adding custom deterrence lighting colors, which provide benefits such as improved  visibility and stronger deterrence.

With the release of the V7, these high-level detection and low-light processing features are now offered at the highest tier of Lorex Connect V Series cameras. Together, the tiered options let homeowners and businesses craft the ideal security system tailored to specific needs across entire properties.

VF 16-Channel NVR: Centralized Control with Expanded Onboard Storage

For straightforward, continuous recording and scalable system capacity, the new VF NVR serves as a central hub for larger residential or commercial spaces. It manages up to 16 active camera channels and wields the processing power required to support the V7’s face and license plate recognition capabilities. Generous, expandable local storage lets users enjoy the flexibility of retaining weeks of secure footage directly on device with no mandatory cloud subscription fees.

Despite its professional-grade storage and performance, the VF NVR operates quietly in the background utilizing QuietTek fanless cooling technology, maintaining pristine living spaces and quiet work environments.

The new 16-channel VF joins the existing VC NVR and its 8-channel configuration, ideal for smaller security deployments. Along with comparable, subscription-free local storage and quiet operation, the VC NVR implements smart search tools that can easily locate specific events to avoid hours of poring over stored video.

Lorex Connect V Series: Top-Tier Home and Business Security with User-Friendly Control

Lorex Connect V Series cameras and NVRs are quick and easy to install and manage. Every step, from connecting the NVR to mounting and angling the cameras, can be completed with ease. Through the Lorex Connect app, users can also just as easily configure detection zones, enable and customize deterrence features, and set up quick response messages and two-way talk.

“With the Lorex Connect V Series, we set out to close the gap between premium security hardware and everyday usability,” said Steve Hong, VP, Global Sales and Marketing at Lorex Technology. “The addition of the V7 camera and VF NVR gives properties the advanced capture and scalable storage they need to build a comprehensive, wired system tailored to their specific environment.”

The Lorex Connect V Series includes the V3, V5 and V7 4K PoE Cameras, offering options to meet a range of security needs, along with 8- and 16-channel NVRs for flexible system configurations.

For more information about Lorex Connect V Series and how its professional-grade security solutions can help protect homes and businesses, please visit https://www.lorex.ca/collections/v-series. 

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About Lorex Technology

Lorex is a leading provider of smart security and monitoring solutions, with over 30 years of experience delivering reliable video surveillance across North America. Founded in Canada, Lorex offers a comprehensive ecosystem of solutions for both residential and commercial applications. Lorex for Business, its professional division, supports security installers, integrators, and business owners with scalable, professional-grade systems that combine proven reliability with intelligent features to enhance visibility, streamline operations, and support growing businesses. To learn more, visit Lorex.com.

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SOURCE Lorex Technology

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