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SINEXCEL’s First Project to Enter Japan’s Frequency Regulation Market Officially Begins Market Trading

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MATSUSAKA, Japan, July 9, 2026 /PRNewswire/ — SINEXCEL (300693.SZ) announced that its first battery energy storage project to enter Japan’s frequency regulation market officially began market trading in June. Located in Matsusaka, Mie Prefecture, the 2 MW/8 MWh system marks a significant milestone in the company’s participation in Japan’s rapidly evolving energy storage market.

Advancing into Japan’s Frequency Regulation Market

Japan’s frequency regulation market is known for its stringent technical and operational requirements for battery energy storage systems, including performance, response speed, reliability, and system integration capabilities. Before entering commercial operation, the Matsusaka project successfully completed grid connection, system commissioning, market qualification, and trading registration.

Delivered in collaboration with local partners, the project was developed to meet all applicable market requirements and support stable participation in frequency regulation services, demonstrating the readiness of SINEXCEL’s energy storage solutions for one of the world’s most demanding power markets.

1375kW PCS Adapted to Japan’s Grid Requirements

The project incorporates two SINEXCEL 1375 kW PCS units within a 2 MW/8 MWh battery energy storage system. Designed to meet Japan’s stringent grid connection and power quality requirements, the PCS delivers fast response, precise power control, and reliable grid support capabilities essential for frequency regulation services.

Strengthening Local Presence in Japan

SINEXCEL has been active in Japan for more than five years, starting from 30 kW and 500 kW PCS applications and gradually expanding into utility-scale energy storage deployments.

Today, SINEXCEL has participated in 60+ utility-scale energy storage projects across Japan. Through collaboration with multiple major regional power utilities and integration with 10+ local EMS platforms, the company has established a strong foundation for supporting grid-scale energy storage applications across the Japanese market.

To support continued growth, SINEXCEL has completed the legal registration of its Japan subsidiary in Tokyo. The company has established a local spare-parts warehouse and built a Japan-based sales, pre-sales, and after-sales service team to provide responsive support throughout the project lifecycle.

Globally, SINEXCEL has deployed more than 17GW of energy storage capacity across over 5,000 projects and works with more than 600 partners in 60+ countries and regions.

About SINEXCEL

Founded in 2007, SINEXCEL is a pioneer in energy storage, EV charging, and power quality solutions. With 17GW of installed storage, 200,000 EV DC chargers, and nearly 20 million amperes of Active Harmonic Filter deployed, SINEXCEL partners with industry leaders to empower energy freedom.

Contact: melody_yu@sinexcel.com

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Transit Technologies Appoints Kristen Shaheen as Chief Legal Officer to Strengthen Legal, HR, and Governance Functions

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Seasoned Legal Executive Brings Deep PE-Backed Growth Experience to Drive Operational Maturity Across Transit Technologies’ Expanding Platform

CHARLOTTE, N.C., July 9, 2026 /PRNewswire/ — Transit Technologies, a leading provider of software solutions powering modern mobility, today announced the appointment of Kristen Shaheen as Chief Legal Officer (CLO). Reporting directly to CEO Gerry Leonard, Shaheen will lead Transit Technologies’ legal function and will also oversee Human Resources and Governance, Risk & Compliance (GRC), expanding her mandate beyond traditional legal responsibilities to support the company’s next stage of growth. Shaheen brings a proven track record of building legal teams for high-growth, PE-backed technology companies, experience she has replicated multiple times in her career. She is known for sound judgment, disciplined execution, and a cross-functional partnership style that adds value well beyond traditional legal work.

“Kristen stood out for her combination of clear judgment, strong execution, and leadership presence,” said Gerry Leonard, CEO of Transit Technologies. “She is clear, direct, and highly effective — exactly the kind of leader we needed as we continue to strengthen our operating foundation and prepare for our next stage of growth.”

“Transit Technologies is at an exciting inflection point, and I’m thrilled to be part of it,” said Shaheen. “Building legal and governance infrastructure for a high-growth company is work I’m passionate about, and the opportunity to do that at a company genuinely improving how people move through the world makes it even better.”

Shaheen is based in Wilmington, North Carolina. Her appointment is part of a broader leadership build-out that includes Nurcan (Nunu) Dueman Yates as Chief Product Officer, Srithal Bellary as Chief Technology, Data & AI Officer, Lisa Horkins as Chief Financial Officer, and Cristina Wheless as Chief Operating Officer.

About Transit Technologies
Transit Technologies is at the forefront of revolutionizing mobility by connecting communities, empowering individual journeys, and helping eliminate the transit equity gap. The company provides integrated software solutions that enable public transit agencies, campus transportation systems, airports, and specialized mobility providers to operate more efficiently and deliver better rider experiences through data-driven mobility technology. Learn more at www.transit-technologies.com.

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SOURCE Transit Technologies

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Cato Networks Announces Partner Award Winners at 2026 APJ Partner Summit

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AI-native network security leader recognizes APJ and Japan partners driving standout customer impact and business growth

PHUKET, Thailand, July 9, 2026 /PRNewswire/ — Cato Networks, the converged network and security cloud for the AI era, today announced the winners of its partner awards at the 2nd Annual Cato Networks APJ Partner Summit 2026 in Phuket, Thailand. The awards recognize partners across APJ and Japan that demonstrate outstanding commitment to customer success, partner-led growth, technical excellence, and the continued adoption of Cato’s AI-native network security platform.

The invite-only summit brings together Cato’s cybersecurity and networking partner community from across APJ for peer networking, strategic discussions, frontline insights from cyber defenders, and practical collaboration to improve security in the agentic era. This year’s program focuses on how an AI-driven SASE platform helps customers move faster, operate more efficiently, and secure what matters most, without limits.

With the Cato Networks Channel First Partner Program, Cato is working with partners to accelerate the adoption of SASE in APJ and globally. Customers are increasingly shifting away from security and networking point solutions and choosing the Cato SASE Platform to transform their global IT and security operations for the AI era. Cato is at the forefront of this transformation with its partners.

Cato Networks is also introducing two complementary go-to-market models that give managed service providers and service providers the flexibility to scale on their own terms. Partners building scale in the SMB market can take advantage of the partner-owned pooled licensing model, with full self-service capabilities and built-in license portability to freely move and reallocate licenses across customers. With the self-provisioning model, partners eliminate the procurement cycle entirely. What once took days now takes minutes, enabling instant customer onboarding and upsells with no upfront commitment required. Together, these models give partners the speed, independence, and scalability to grow their business faster.

“The 2026 Cato Networks APJ Partner Awards recognize the partners across APAC and Japan who are delivering exceptional value for customers and helping organizations deliver network security architected for the world of AI,” said Karl Soderlund, global channel chief at Cato Networks. “As AI-assisted attacks raise the stakes for every organization, our partners are essential to helping customers stay resilient, secure, and ready for what’s next. Congratulations to all of this year’s winners.”

Japan Partner Award Winners

Top Distributor 2025, Japan – MACNICA, Inc.Top Partner of the Year 2025, Japan – KDDI CORPORATIONTop MSP 2025, Japan – IIJ Global Solutions Inc.Rising Star Partner 2026, Japan – SoftBank Corp.Highest New Logo Revenue 2025, Japan – SCSK Security CorporationMarketing Excellence Award 2025, Japan – SoftBank Corp.

APAC Partner Award Winners

Top Distributor 2025, APAC – Netpoleon Solutions Pte LtdTop Service Provider Partner 2025, APAC – Sify TechnologiesTop MSP 2025, APAC – Universal Access and Systems Solutions Phil., Inc.Rising Star Partner 2026, APAC – Orange BusinessTop Reseller of the Year 2025, APAC – CMT Inc.Technical Excellence Award 2025, APAC – ESCARE Co., Ltd.

To learn how Cato Networks partners with channel leaders to deliver a network security architecture built for the AI era, visit the partner page.

About Cato Networks

Cato Networks, a leader in SASE and AI security, delivers secure, zero-trust access everywhere to thousands of customers worldwide. Built for organizations operating across all cloud and hybrid environments, the Cato SASE Platform unifies networking, security, and access, providing them as elastic, modular capabilities that organizations can easily adopt and grow over time. Cato combines the Cato Cloud, a purpose-built global network, with simplified operational experience, all delivered across a robust, AI-driven platform. With Cato, organizations modernize confidently, operate with greater resilience, and innovate faster, without added complexity or risk.

Want to learn why thousands of organizations secure their future with Cato? Visit us at www.catonetworks.com.

Media Contact

Cato Communications
press@catonetworks.com

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IBS Group Launches Naviq, an AI-First Technology Company for the Travel Sector

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The new company, Naviq Technology, will pioneer AI-led transformation in the global aviation, cruise, hospitality, logistics, and online travel industries.

DUBAI, UAE, July 9, 2026 /PRNewswire/ — IBS Group today announced the launch of Naviq Technology, a new vertical AI company purpose-built for the global travel industry. The launch marks a major milestone in the Group’s long-term strategy to achieve leadership in the travel tech industry worldwide.

Naviq will leverage the deep travel industry expertise of IBS Software with AI-first innovations to help customers transform their business by improving operational efficiency, personalising end-user experiences, and unlocking new revenue opportunities. Naviq will operate independently from its affiliate companies within the IBS Group.

IBS Group is uniquely positioned to deliver significant value to its travel clients by combining its decades-long domain expertise with the potential of AI to magnify business outcomes. This is the rationale behind the formation of Naviq.

Naviq will partner with leading global airlines, airports, cruise lines, vacation providers, and hospitality groups to lead large business transformations, modernise operations, adopt AI at scale to create new revenue streams, and shorten time-to-value.

Naviq will start operations from today, with 16 offices across the globe already established. The new company will operate as an independent business entity complementing and leveraging IBS Software’s global customer network and experience in the travel industry. Naviq is designed to attract a new generation of travel technology talent from all over the world – AI researchers, data scientists, and subject matter specialists – providing them a unique opportunity to work at the intersection of travel domain technology and applied AI.

“The global travel industry is at a turning point, with organisations seeking smarter ways to operate and future-proof their businesses. Naviq gives the market something it has not had before: a technology and consulting company that understands the complexities of global travel, anticipates industry challenges, and offers transformative solutions at scale using specialised AI tools. Backed by IBS Software’s deep expertise in travel technology, Naviq will help travel achieve greater agility, efficiency and growth, and open new revenue streams,” said V. K. Mathews, Founder and Executive Chairman of IBS Group.

Naviq’s focus will be on areas where the travel industry will see the biggest investment in the coming years – AI adoption at scale, customer experience transformation, and data as the fabric for intelligent operations. Its delivery model will make implementations faster and reduce the time to value. For IBS Software clients, Naviq serves as the preferred implementation and transformation partner.

Naviq’s business plan envisages rapid growth from its 16 centres worldwide, with headcount growing to over 5,000 high-tech professionals in the next five years. IBS Group will invest significantly over the next five years to augment capabilities and grow the business.

“Naviq reflects a clear structural shift in how travel technology services are delivered, pairing deep industry expertise with an AI-first model built for speed and commercial impact,” said Jason Wright, Partner at Apax Partners, an investor in the venture. “As organisations move beyond experimentation, there is growing pressure to turn AI into tangible business results at scale. Naviq is designed to meet that need, giving travel companies a more focused, flexible partner to drive growth and long-term performance.”

About Naviq Technology

Naviq is an AI-first vertical technology transformation company purpose-built for the travel industry. We help travel enterprises modernise platforms, simplify complex systems, and create seamless digital experiences that make every journey more joyful.

Our mission is to co‑pilot a digital future for travel by building smart, intuitive systems that help our customers grow and unlock new opportunities.

From airlines, airports, cruise lines, vacation providers, and hospitality groups, we combine deep travel domain expertise with strong engineering capabilities, turning disconnected systems into unified launch pads for accelerated growth. Our teams work side by side with customer teams to strengthen operations, improve performance, and deliver measurable outcomes at every touchpoint, so organisations can move faster with confidence and clarity.

For media enquiries, please email: CorpComm@ibsplc.com

Further information can be found at https://naviqplc.com

 

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SOURCE Naviq Technology

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