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SOLVIT System Wins CES 2025 Innovation Award, Illuminating Paths to Save Lives in Radio Shadow Areas

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SEOUL, South Korea, Dec. 26, 2024 /PRNewswire/ — SOLVIT System, a recognized leader in innovative technology, will participate in CES 2025, taking place January 7–10 in Las Vegas. The company’s iSAR™ (intelligent Search and Rescue) has been honored with the prestigious CES Innovation Award in the “Smart Cities” category. At CES, SOLVIT System will showcase its groundbreaking technology to dramatically reduce search areas for individuals lost in radio shadow zones.

Addressing the Challenges of Rescue Dead Zones

Mobile communication shadow areas, often called “rescue dead zones” in current E911 services, pose significant challenges for locating missing individuals due to the absence of technology capable of identifying or narrowing these shadow zones. Wide-area searches without actionable clues often result in unsuccessful rescue attempts despite substantial investments of time and resources. Powered by advanced algorithms, the SOLVIT-iSAR™ system reduces the search area to as little as 1/25 the size required by traditional methods.

Cutting-edge technology for Swift and Accurate Rescues

At CES, SOLVIT System will demonstrate iSAR™’s functionality and the innovative algorithms behind its success. The solution leverages advanced mobile communication forensic technologies and intelligent inference, including:

Radio Coverage & Best Server AnalysisCDR(Call Detailed Record) based Time Series InferenceShadow Area Elimination using Neighboring CellsMobility Diffusion Modeling

These fully automated processes enable rescue operators to complete professional-grade analyses within just 10 minutes, a significant improvement over the three hours typically required by radio forensic experts.

The company will highlight its front-end applications for command-and-control centers and mobile devices. These tools enhance operational efficiency, allowing rescue teams to work quickly and effectively in the field.

Proven Innovation with Global Recognition

SOLVIT System’s iSAR™ has been celebrated for its groundbreaking contributions to public safety, improving the likelihood of rescuing individuals while ensuring the safety of rescue personnel. Before earning the CES Innovation Award, iSAR™ was recognized as an “Excellent Research and Development Innovation Product” by Korea’s Ministry of Trade, Industry, and Energy. Since its deployment in April 2024 at the Korea National Fire & Disaster Headquarters, the system has demonstrated exceptional efficiency and reliability.

Motivation and Vision for the Future

“We are proud to be honored with the CES Innovation Award for iSAR™ that saves lives,” said Yeong-Goo Kim, Founder and CEO of SOLVIT System. “Driven by our commitment to saving lives, we have applied our expertise to the search and rescue field.”

The company’s participation in CES 2025 goes beyond showcasing its product. Mr Kim aims to connect with a wide range of people, agencies, companies, and institutions to explore opportunities for collaboration and the localization of iSAR™ in different countries. He also hinted at the development of the next version of iSAR™, promising further groundbreaking innovations.

He also hopes that iSAR™’s CES Award will serve as a stepping-stone toward establishing legal and institutional frameworks for public access to radio resource information and time-series data. Special thanks go to KCA for providing refined radio resource information, ATDI for supplying a proven radio analysis engine, and the institutions that supported technical validation.

Key Features of SOLVIT-iSAR

Saving lives in a rescue dead zone: Radio shadow areas are areas where positioning is impossible for emergency rescue (effectively a rescue dead zone). Innovative technology reduces the priority search area within radio shadow areas to 1/25.Improvement of search efficiency: Time and cost savings, and reduction of rescuers’ workload & Real-time control and safety assurance of large-scale search personnel (disaster and safety situation)User (rescue organization) convenience: 24/7 automated system & Near real-time analysis (within 10 minutes)General applicability (for rescue targets): The user needs to carry a mobile phone – no need to download an app or use any special devices

Join Us at CES 2025

For more information, visit SOLVIT System at CES 2025 in LVCC North Hall, Booth 8879, to experience the award-winning SOLVIT-iSAR™ — a revolutionary step forward in rescue operations designed to save lives and resources through advanced technology.

About SOLVIT System

Since its establishment as a corporation in 2007, SOLVIT System has grown into a small but strong enterprise that provides military communication Modeling & Simulation (M&S), radio analysis, digital twin technology, edge AI, and security solutions. It supplies these solutions to defense research institutions such as the Agency for Defense Development (ADD) and the Korea Research Institute for Defense Technology (KRIT) and defense companies like Hanwha Systems and LIG Nex1. The company has been recognized by Korea’s Defense Acquisition Program Administration (DAPA) as a “Defense Industry Innovation Company.”

More at

CES 2025: LVCC North Hall, Booth 8879 (https://exhibitors.ces.tech/8_0/floorplan/?hallID=A&selectedBooth=8879)
Website: https://en.solvitsystem.co.kr/
Youtube: https://www.youtube.com/watch?v=nEjBF993Pwc

For further information:

SOLVIT System: Hansol Kim, +82-2-6241-6667, hansolkim@solvitsystem.co.kr, sales@solvitsystem.co.kr;

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SOURCE SOLVIT System

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Chemours Announces Dates for Third Quarter 2026 Earnings Release and Webcast Conference Call

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WILMINGTON, Del., Oct. 21, 2026 /PRNewswire/ — The Chemours Company (“Chemours” or “the Company”) (NYSE: CC) today announced that the Company expects to issue its third quarter 2026 financial results after market on Monday, November 2, 2026.

The Company expects to hold its conference call to discuss its third quarter 2026 financial results at 8:00 a.m. Eastern Standard Time on Tuesday, November 3, 2026. The call is open to the public and can be accessed via the webcast information below. The webcast and materials can be accessed by visiting the “Events and Presentations” section of the Investor Relations section of Chemours’ website at investors.chemours.com.

Conference Call: Please visit investors.chemours.com for a link to the live webcast and to view the accompanying slides.

Replay: A webcast replay will be available at investors.chemours.com.

About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn. 

CONTACTS:

INVESTORS
Brandon Ontjes
Vice President, Head of Strategy & Investor Relations
+1.302.773.3300 
investor@chemours.com 

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com  

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SOURCE The Chemours Company

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AGEDB Announces Preliminary Technical Evaluation of Graph Database and AI Data Platform Opportunities

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VANCOUVER, BC, Oct. 21, 2026 /CNW/ — AGEDB Technology Ltd. (TSXV: AGET) (“AGEDB” or the “Company”) announces that it is evaluating opportunities to re-engage in its historical graph database business area through preliminary architectural design and technical assessment of potential AI data platform applications, following its entry, on September 16, 2026, into a memorandum of understanding (the “MOU”) with a Korea-listed company exploring opportunities to enter the AI sector (the “Korean Company”).

The Company previously disclosed that it had discontinued its graph database management system operations during the year ended April 30, 2025 and was seeking new business opportunities. The Company is now assessing potential opportunities to leverage its existing Apache AGE-related technology and experience. These preliminary evaluations should not be interpreted as a resumption of full-scale development or commercial operations.

Under the MOU, AGEDB and the Korean Company contemplate evaluating an integrated package combining locally installed PostgreSQL and Apache AGE relationship-analysis database technology with an AI agent. The MOU also contemplates a separate “Personal AI Operating System” evaluation track, referred to as “AGE Brain,” for potential use in user-controlled computing environments. The proposed applications remain conceptual and subject to further technical and commercial assessment.

The contemplated preliminary work includes architectural design and technical evaluation of approaches to connecting relational data with graph-based relationships and supporting AI-assisted information retrieval and analysis. The parties may consider proof-of-concept testing and pilot activities, but no timeline or commitment to undertake such activities has been established under the MOU.

The MOU has a one-year term. Except for provisions expressly identified as binding, it is non-binding and does not require either party to complete development, launch or commercialize a product, make an investment, commit personnel, pay development fees, or enter into a definitive commercial agreement. Specific project scope, deliverables, schedules, responsibilities, costs and any commercialization terms remain subject to further discussions and, where applicable, separate written agreements. Each party will bear its own evaluation costs unless otherwise agreed in writing.

The Company’s evaluation remains preliminary. No product launch, commercial revenue or definitive commercialization arrangement has been agreed, and there can be no assurance that the parties will proceed with development, that the proposed platform will be completed or commercialized, or that the Company will obtain the resources required to advance the opportunity.

AGEDB may also explore potential collaborations with AI development companies in Korea and other markets, subject to available resources and further assessment.

AGEDB Technology Ltd.

On behalf of the board of directors,

“Jungsoo Kim”
CEO

About AGEDB Technology Ltd.

AGEDB Technology Ltd. is a technology company listed on the TSX Venture Exchange under the symbol “AGET.” The Company is focused on developing and pursuing opportunities in data intelligence, graph database technology and applied artificial intelligence.

Forward-Looking Information

This news release contains forward-looking information, including statements regarding the Company’s development activities, the proposed AI data platform, potential proof-of-concept and pilot activities, and possible future collaborations and commercialization. Forward-looking information is based on management’s current expectations and assumptions and is subject to risks and uncertainties that could cause actual results to differ materially. The memorandum of understanding is generally non-binding, and there can be no assurance that the parties will proceed with or complete any development, pilot, product launch or commercial arrangement, or that AGEDB will enter into additional collaborations. Readers are cautioned not to place undue reliance on forward-looking information. AGEDB undertakes no obligation to update such information except as required by applicable securities laws.

SOURCE AGEDB Technology Ltd.

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Bose Corporation Acquires Skullcandy, Expanding Its Consumer Audio Portfolio to Reach New Audiences

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Acquisition follows a successful partnership between the two companies and advances Bose’s evolution into a multi-brand products and technology company

FRAMINGHAM, Mass. and PARK CITY, Utah, Oct. 21, 2026 /PRNewswire/ — Bose Corporation, a global leader in audio innovation and research, announced today it has acquired Skullcandy, a lifestyle audio brand known for its bold products that bring together sound, style and performance. Bose and Skullcandy have each spent decades finding new ways to bring people closer to the music they love. Together, they’ll combine Bose’s audio expertise, technology and global reach with Skullcandy’s design, understanding of its consumers and authentic community connections to create new products and experiences and accelerate growth.

The acquisition follows a multi-year partnership that has already brought Sound by Bose technology to Skullcandy earbuds and headphones. The companies have seen firsthand how their strengths can come together to create products consumers love while staying true to what makes Skullcandy special, providing a foundation to accelerate further collaboration and innovation.

With a strong position at the intersection of audio, lifestyle and culture, Skullcandy will remain a separate brand within Bose’s Premium Consumer Audio business. Skullcandy’s deep roots in boardsports, including longstanding relationships with passionate supporters of the culture and its athletes, and authentic connections across music, gaming, fitness and other communities present new ways for Bose to meaningfully connect with consumers where it has less presence today.

“For more than 60 years, Bose has been committed to delivering incredible audio experiences however and wherever people choose to listen. As we work to reach even more people, we’re expanding how we do that, not only through Bose products, but through technology partnerships and a growing portfolio of brands,” said Lila Snyder, Chief Executive Officer of Bose Corporation. “As a privately held company, we have the freedom to make bold, long-term investments in opportunities we believe in, and Skullcandy is a great example of that. They have an established, thriving brand, and together we see tremendous opportunity to create new products and experiences and reach more consumers around the world.”

“We believe this is a win for Skullcandy and our fans,” said Brian Garofalow, Chief Executive Officer of Skullcandy. “Skullcandy was born on a chairlift in Park City, Utah, over 20 years ago, and we’ve always believed great music should be part of the experiences people love. Joining Bose gives us the opportunity to make those experiences even better by bringing more of their audio expertise and technology to our products, and it opens up even more ways to take Skullcandy further.”

Bose plans to invest in Skullcandy’s continued growth, providing greater access to technology, resources, global distribution and commercial relationships while giving the brand the freedom to continue evolving in ways that are authentic to its identity and consumers. Skullcandy will continue to be based in Park City, Utah.

Bose acquired Skullcandy from a fund managed by Mill Road Capital Management LLC, a Connecticut-based private investment firm. Jones Day acted as Bose’s legal counsel. Additional information, including financial and other terms of the transaction, will remain confidential.

About Bose Corporation
Bose Corporation is a global leader in audio innovation, driven by a singular belief: sound has the power to transform the way people connect with the world. For more than 60 years, Bose has combined pioneering research, engineering excellence, and a deep understanding of human perception to create products and technologies that deliver extraordinary experiences. Through its portfolio of iconic brands, including Bose, McIntosh, Sonus faber, and Skullcandy, the company offers premium and luxury audio solutions for the home, on the go, and in the car. Bose also collaborates with leading companies across industries, extending its audio expertise and technologies into new products, platforms, and applications beyond its own brands. 

Guided by a relentless spirit of innovation and a passion for what sound makes possible, Bose continues to advance the science and art of sound while expanding its impact on everyday life. From music and entertainment to communication, wellness, and emerging applications, Bose is creating new ways for people around the world to feel more connected, inspired, and engaged through the power of sound.

About Skullcandy
Founded in 2003 on a chairlift in Park City, Utah, Skullcandy is the original lifestyle audio brand. With deep roots in action sports culture, Skullcandy creates headphones, earbuds, and speakers that deliver powerful sound, bold style, and immersive experiences. Designed to move with you—from the mountains to the streets—Skullcandy gear is built to perform and made to stand out. Learn more at www.Skullcandy.com.

Contact

Joanne Berthaume
Joanne_berthaume@bose.com

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SOURCE Bose Corporation

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