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Narwal Launches New Freo 20, Bringing Flagship Real-Time Self-Cleaning Mopping to More Homes with a Distinctive Woven-Textured Finish

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The Freo 20 Combines FlowWash Mopping System and Industry-First Dock Design with a Limited-Time Launch Price of $899.99, Marking the Strategic Adjustment of Its Classic Freo Series

NEW YORK, Aug. 6, 2026 /PRNewswire/ — Narwal, a global leader in smart home cleaning, today announced the launch of Narwal Freo 20, the first Freo Series model equipped with Narwal’s FlowWash Mopping System. Marking a strategic evolution of the Freo lineup, Freo 20 brings Narwal’s flagship-level mopping innovation to a broader consumer audience. Combining advanced cleaning performance with AI-powered obstacle avoidance and the market’s only woven-texture base station design, Freo 20 continues the Freo series’ commitment to delivering intelligent cleaning solutions for diverse household needs while expanding access to Narwal’s latest innovations.

Freo 20: At a Glance

Flagship-Grade Real-Time Self-Cleaning: Premium FlowWash Mopping System continuously washes the flattened roller mop mid-cycle, instantly extracting dirt to prevent cross-contamination and eliminate water marks.Advanced Onboard AI and Camera System: Dual RGB cameras and AI processing help identify 300+ household objects and navigate efficiently.Smart Whole-Home Coverage: Supported by flagship-level 31,000 Pa suction power, the DualFlow Tangle-Free System and EdgeReach Technology target homes with long hair and pets to deliver a deep clean in hard-to-reach areasWoven-Texture Dock Design: A fabric-inspired design blends naturally into modern homes.

“The new gold standard in home robotics is a clean that happens entirely in the background,” said Junbin Zhang, CEO of Narwal. “The Narwal Freo 20 marks an important step in the evolution of our Freo series, introducing our advanced self-cleaning technology and new refined aesthetic to a broader range of consumers. We’re proving that forward-thinking innovation is no longer exclusive to flagship models, but a new standard for everyday homes.”

Flagship-Grade FlowWash Mopping System

As Narwal’s foundational robot vacuum lineup, the Freo series has been built around addressing diverse household cleaning needs across different price points through advanced technologies and tailored cleaning experiences. The Freo 20 brings Narwal’s flagship FlowWash Mopping System into this classic lineup for the first time, while making it significantly more affordable to all consumers.

When the robot’s cameras detect areas that need mopping, the flattened roller mop, or track mop, automatically engages with 12 N of downward pressure, rotating against the direction of movement to maximize scrubbing power and effectively remove stubborn stains and dirt. During cleaning, 140°F fresh water is sprayed on the mop through 16 nozzles for thorough cleaning, while a built-in scraper and high-pressure air pump instantly extract residual dirt into a separate tank. This real-time self-cleaning system can significantly keep the mop hygienic throughout each task, rather than spreading dirt as most traditional spinning mops do. Compared with standard roller mops, its flattened design provides more even pressure across a contact area seven times larger[1], while reducing hair tangles and minimizing maintenance.

The production of this advanced mop demands ensuring the stable coordination of the two internal axes that work together to keep the flattened roller mop consistently tensioned and rotating smoothly. Narwal’s research team successfully overcame these challenges, bringing the technology to the Freo 20 and making it more accessible compared with the brand’s flagship models.

Intelligent Technology for Whole-Home Cleaning

Powered by the NarMind™ Pro Autonomous System, the Freo 20 identifies and maneuvers around over 300 household objects. The TwinAI Dodge™ technology delivers 99%[2] obstacle-avoidance accuracy for a completely uninterrupted clean. Beyond basic navigation, the system introduces intuitive, family-first features. Pet Care Mode dynamically adjusts cleaning around pet zones and offers interactive video monitoring, while Baby Care Mode recognizes cribs and toys to trigger quiet, low-noise cleaning that protects your child’s rest.

Combined with the intelligent navigation, Freo 20 delivers comprehensive whole-home cleaning with flagship-level 31,000 Pa suction power, an SGS-certified DualFlow Tangle-Free System to prevent hair tangles, and EdgeReach Technology to clean hard-to-reach corners and edges.

Effortless Experience and Refined Design

Designed to naturally integrate into modern interiors, the Freo 20 reimagines the All-in-One Multifunctional Dock to capture the essence of modern aesthetics. Showcasing an upscale woven design, this new fabric-inspired exterior seamlessly blends with fabric furniture and wood textures while softening sharp stone elements to deliver an elegant look that matches its flagship performance.

Beyond its premium design, the dock minimizes manual maintenance with a thorough four-stage cleaning process that culminates in a high-temperature wash up to 212°F to hygienically clean the entire internal pathway. It then uses 140°F hot-air drying to quickly remove moisture and prevent damp odors. The quieter auto-emptying system combined with a 2.4 L bag enables up to 120 days of completely hands-off, maintenance-free operation.

The Future of the Freo Series

Building on a legacy of highly effective smart home cleaning, the Freo series is experiencing a strategic evolution. While previously dedicated to providing diverse combinations of cleaning solutions and price points, the lineup will focus on delivering more accessible choices with the same premium and high-quality standards, leading with the Freo 20.

Pricing and Availability

The Narwal Freo 20 will be officially available in the U.S. on August 20, 2026, on the official website and at Amazon.

MSRP: $1099.99Launch Price: $899.99 (Limited-time offer. Available from August 20 to September 3).

About Narwal

Narwal is dedicated to developing innovative products that transform daily life. Our range of solutions addresses common challenges, with a focus on understanding and meeting user needs through extensive R&D. This commitment has yielded industry firsts such as the Auto-washing mop, AI-powered DirtSense™, and the DualFlow Tangle-Free System. We obsess over every detail to ensure our products are both functional and aesthetically pleasing, aiming to blend design and performance for a better daily life. As a top-five global vacuum brand, Narwal serves over 5 million users across 30 countries, including North America, South Korea, Germany, and Australia. Our innovations have been honored with awards such as the CES Innovation Awards, the Edison Gold Award, and Time Magazine’s Best Inventions.

Note

[1] The “seven times larger” claim refers to the floor contact area covered by the robot within the same period of time, compared with the standard roller mop used in the test. The actual laboratory test result is 6.67 times larger. Data is based on testing conducted in the Narwal laboratory under specific test conditions. Actual performance may vary depending on real-world environments.

[2] The “99% recognition accuracy” refers to the average object recognition accuracy evaluated across a test set of common household objects, including pets, pet waste, trash bags, cables, furniture, slippers, clothing items, tissues, and bathroom objects. Data is based on testing conducted in the Narwal laboratory under specific test conditions. Actual performance may vary depending on real-world environments.

Contact: 

Dede Liu
xichen.liu@narwal.com 
+86-18719115391

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SOURCE Narwal

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Jamie Knight Named Chief Studios Officer to Accelerate Studio Innovation and Growth

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Knight to Build on the Global Studio Foundation Established by Jean Venneman, Who Will Retire After More Than 30 Years in Gaming

LAS VEGAS, Sept. 21, 2026 /PRNewswire/ — IGT announced today that, Jamie Knight will assume the role of Chief Studios Officer on Jan. 1, 2027, succeeding Jean Venneman, who will retire at the end of 2026 following more than 30 years in gaming. Knight will build on the strong foundation established under Venneman’s leadership and lead IGT’s continued studio investments, driving innovation across game design, content development and studio operations.

Knight brings two decades of experience across the industry’s largest suppliers, with deep expertise in translating creative vision into player-favorite content. Having begun her career as a creative, she understands the collaborative process required to transform original concepts into successful products, a perspective that will inform her leadership of studio operations.

Jean Venneman, who will retire on December 31, 2026, began her career at IGT in the early 1990s and went on to hold senior leadership roles across product development, licensing, technology and operations before rejoining IGT in 2024. Since returning, she has rebuilt the company’s global studio operations from the ground up. Under her leadership, she assembled and empowered a world-class studio team with more than 1,200 employees, established shared best practices across studio cultures and created the operational and creative foundation that positions IGT and Everi for accelerated growth.

“Jean’s leadership created the foundation for this next phase of growth,” said Hector Fernandez, IGT CEO. “She brought together talented teams, strengthened how our studios operate and raised the bar for creative and operational excellence. We are deeply grateful for everything she has contributed to our organization and our industry. Jamie’s combination of creative instinct, studio leadership and focus on innovation in design and math will build on that momentum and unlock new possibilities across our combined studio organization.”

As Chief Studios Officer, Knight will establish clear priorities for studio teams, drive innovation in game mechanics and mathematical modeling, and create an environment where creative talent can do exceptional work. Her vision centers on delivering the most dynamic and engaging content that meets the evolving demands of players and operators globally.

“I’m energized to lead our studio teams and build on the strong foundation in place,” said Jamie Knight, incoming Chief Studios Officer. “Together with our talented teams across IGT and Everi, we’ll push the boundaries of what’s possible in game design, content strategy, and math innovation to deliver world-class experiences on the floor.”

“Returning to this organization and helping strengthen our global studio organization has been a meaningful way to close my career,” said Jean Venneman, Chief Studios Officer. “I am incredibly proud of our studio teams and the foundation we have created. I am confident Jamie will carry that momentum forward and help unlock the next phase of our growth.”

For more information, follow IGT on Facebook and LinkedIn or watch IGT videos on YouTube.

About IGT
IGT is a leading global provider of gaming, digital and financial technology solutions, formed through the combination of International Game Technology PLC’s Gaming & Digital Business and Everi Holdings Inc. IGT and Everi’s offering spans gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty and player engagement solutions, enabling it to deliver integrated, customer-centric experiences across land-based and digital environments. Organized into Gaming, Digital and FinTech business units, the organization drives innovation, efficiency and value for casino, digital and hospitality operators worldwide. The company is headquartered in Las Vegas.

Contact:
Phil O’Shaughnessy, Global Communications
Toll free in U.S./Canada +1 (844) IGT-7452
Outside U.S./Canada +1 (775) 448-0257

© 2026 IGT

The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.

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SOURCE IGT

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Lysander Announces Cash Distributions for the Lysander-Canso ActivETFs

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TORONTO, Sept. 21, 2026 /CNW/ — Lysander Funds Limited (“Lysander”) announces the September 2026 cash distributions for each of Lysander-Canso Corporate Treasury ActivETF, Lysander-Canso Floating Rate ActivETF and Lysander-Canso Credit Income ActivETF (TSX: LYCT) (TSX: LYFR) and (TSX: PBY) respectively (each, an “ETF” and collectively, the “ETFs”). Unitholders of record of each ETF at the close of business on the Distribution Record Date will receive a cash distribution based on the number of units held in the amount indicated below, payable on or before the Payment Date.

ETF

Distribution per unit

Distribution Record Date

Payment Date

Lysander-Canso Corporate Treasury ActivETF

$0.0128

September 29, 2026

October 13, 2026

Lysander-Canso Floating Rate ActivETF

$0.0193

September 29, 2026

October 13, 2026

Lysander-Canso Credit Income ActivETF

$0.0417

September 29, 2026

October 13, 2026

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. 

®Lysander Funds is a registered trademark of Lysander Funds Limited.

SOURCE Lysander Funds Limited

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DAXIO Sets Three-Year Public-Market Pathway Towards a $1 Billion Valuation

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Founder-owned trade show and commercial-technology company combines 12 specialist US events, proprietary DealConnect technology, $35.7 million in annual commercial capacity and a high-margin AI-powered operating model

WEST PALM BEACH, Fla., Sept. 21, 2026 /PRNewswire-PRWeb/ — DAXIO today set out its three-year pathway towards a public-market listing and a $1 billion enterprise valuation.

“With 12 specialist events, proprietary DealConnect technology and $35.7 million in annual commercial capacity, DAXIO has a defined three-year pathway to a $1 billion valuation and public-market listing.” — Dawn Barclay-Ross, Founder and Chief Executive, DAXIO

Founded and wholly owned by international trade show organizer Dawn Barclay-Ross, DAXIO has established a portfolio of 12 specialist US events supported by proprietary DealConnect technology, qualified Hosted Buyer programmes and a portfolio-wide AI operating system.

The portfolio contains approximately $35.7 million in maximum annual commercial inventory capacity: $32.2 million in stand inventory and $3.54 million in sponsorship, advertising and Thought Leadership opportunities.

At 35%, 60% and 85% inventory realization, annual portfolio revenues are approximately $12.5 million, $21.4 million and $30.4 million respectively.

DAXIO’s current cost model indicates the potential for portfolio contribution margins above 90% at scale, reflecting its AI-powered infrastructure, centralized technology and capital-efficient operating structure.

“The next billion-dollar exhibition business will not resemble the last generation of exhibition groups,” said Barclay-Ross, Founder and Chief Executive of DAXIO.

“It will combine deep industry expertise with proprietary technology, intelligent automation and disciplined commercial execution. It will be faster, leaner and more accountable for the business value created at every event. That is DAXIO.”

Twelve events. One scalable commercial platform.

DAXIO’s 2027 portfolio comprises InfraBuild, PowerXpo, EnerWasteXpo, AgriTechXpo, BioGenomic Health Expo, Advanced Medical Device Show, NextGen MedTech Xpo, InsureCap, SmartMfg, AerospaceXpo, DefenseXpo and TalentTech.

Together, the events establish DAXIO across infrastructure, energy, environmental services, agriculture, healthcare, medical technology, insurance, manufacturing, aerospace, defense and workforce technology.

The portfolio has capacity for up to 5,856 stand-equivalent positions across the full commercially deployable event footprint.

Its multi-sector structure creates diversified revenue opportunities through stand sales, sponsorship, advertising, Thought Leadership, commercial partnerships and technology.

DealConnect moves the model beyond networking

DAXIO’s principal technology asset is DealConnect, created by Barclay-Ross to move business-event matchmaking beyond profile-swiping, unqualified introductions and chance encounters.

DealConnect assesses more than 500 data points across capability, compliance and financial dimensions to identify stronger-fit commercial opportunities during DAXIO events.

It operates alongside DAXIO’s qualified Hosted Buyer programmes. Approved buyers with purchasing responsibility and confirmed budgets may receive flights and hotel accommodation in return for agreeing to attend scheduled meetings with exhibitors during the event.

“Attendance is not the commercial outcome,” Barclay-Ross said. “The outcome is whether the right organizations meet, whether the opportunity is credible and whether that conversation can progress into business. DealConnect is designed around that standard.”

A three-year pathway to public markets

DAXIO’s public-market pathway is structured around five measurable drivers:

Converting revenue across the existing 12-event portfolioExtending the portfolio into further specialist and international marketsEstablishing recurring commercial revenues through DealConnectPreserving high margins through AI-powered executionAchieving institutional standards of governance, reporting and financial control 

Barclay-Ross has applied 25 years of international trade show and business-development experience to create an integrated exhibitions and commercial-technology company without the inherited cost base of a conventional exhibition group.

DAXIO is wholly founder-owned and independent of private-equity ownership, institutional exhibition groups and external corporate control.

“The first 12 events give DAXIO significant commercial scale. DealConnect creates proprietary technology value. Our AI operating system provides the execution capacity to operate across multiple specialist markets while protecting margin,” Barclay-Ross said.

“The pathway is already defined: convert the existing inventory, extend the portfolio, establish recurring technology income and enter the public markets as a high-growth exhibitions and commercial-technology company.

“The platform exists. The commercial capacity is quantified. The margin model is compelling. The route is repeatable. DAXIO’s pathway to a $1 billion valuation is underway.”

Strategic capital window closes September 25

DAXIO’s current $200,000 strategic-capital participation window closes on Friday, September 25, 2026.

The capital will be deployed directly into revenue-generating activity across the existing portfolio, including exhibitor and sponsor acquisition, qualified-buyer development, commercial marketing, technology deployment and sales execution.

The current financing provides a time-limited opportunity for eligible investors to participate at the beginning of DAXIO’s three-year public-market pathway.

Confidential company and investment information is available to eligible investors and professional advisers directly from DAXIO.

About DAXIO

DAXIO is a founder-owned, independent trade show and commercial-technology company headquartered in Florida.

Its portfolio comprises 12 specialist US business events supported by proprietary DealConnect technology, qualified Hosted Buyer programmes and an AI-powered operating infrastructure.

DAXIO is executing a three-year pathway towards a $1 billion enterprise valuation and public-market listing.

Media and investor enquiries

Dawn Barclay-Ross
Founder and Chief Executive
DAXIO
dawn@infrabuildXpo.com
+1 561 785 3120

Media Contact

Dawn Barclay-Ross, Capital Connect International Events Inc dba DAXIO, 1 5617853120, dawn@capitalconnectevents.com, https://www.infrabuildxpo.com/

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SOURCE Capital Connect International Events Inc dba DAXIO

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