Effective immediately, Integrated Cyber Solutions Inc. will be reinstated for trading.
The Company has rectified the situation that gave rise to the suspension.
Integrated Cyber Solutions Inc.(CSE:ICS), a Managed Security Services Provider (MSSP), is thrilled to announce its Initial Public Offering (IPO) on the Canadian Securities Exchange (CSE). This milestone marks a significant step in the Company's journey to make top-tier cybersecurity protection accessible for small to medium-sized enterprises (SMEs) and small to medium-sized businesses (SMBs).
In an era where cyber threats pose an ever-present danger to businesses of all sizes, Integrated Cyber Solutions is on a mission to level the playing field. The recent MGM cyberattack is a stark reminder that even the most prominent companies are vulnerable. Integrated Cyber Solutions believes that the same level of protection that large corporations enjoy should be available to SMEs and SMBs.
Integrated Cyber's Chief Executive Officer, Alan Guibord, shared his excitement about this significant event, "We are thrilled to declare our Initial Public Offering on the CSE. This is an important landmark for the organization and our customers, enabling us to gather additional funds to boost our expansion and enhance our IC360 technology platform. We firmly believe that Integrated Cyber is in a prime position to emerge as a frontrunner in cybersecurity, catering to the SME and SMB sectors and offering indispensable protection to firms that require safeguarding."
The IPO listing under the ticker symbol CSE: ICS will enable investors to support Integrated Cyber Solutions' vision of safeguarding businesses of all sizes against the evolving landscape of cyber threats. Trading of the stock will commence on Tuesday, 10 October 2023.
The Company's IPO has garnered significant interest from investors seeking to capitalize on the growing demand for cybersecurity solutions. As organizations increasingly rely on digital infrastructure, the need for robust cybersecurity measures has never been greater. Integrated Cyber's expertise in vulnerability management, cyber training, and managed detection and response positions it well to address these challenges.
The IPO was underwritten by Leede Jones Gable Inc., with Odyssey Trust Company acting as the transfer agent. MLT Aikins was pivotal as the corporate lawyer in this offering, providing invaluable support and expertise throughout the process.
In conjunction with the IPO listing, Integrated Cyber will actively engage with its stakeholders and the broader community on social media platforms, including LinkedIn, X/Twitter, Facebook, and Instagram, to provide updates and insights about the cybersecurity industry and the Company's initiatives. Follow the Company on LinkedIn (https://www.linkedin.com/company/integrated-cyber/) and other social media channels to stay informed about the latest developments.
For more information about Integrated Cyber Solutions Inc. and its IPO listing on the CSE, please visit www.integrated-cyber.com.
Cyber security for SMBs an untapped market with billion-dollar potentialyoutu.be
About Integrated Cyber Solutions
Integrated Cyber Solutions (CSE: ICS) is a managed security service provider (MSSP) that humanizes cybersecurity managed services to the Small-to-Medium Business (SMB) and Small-to-Medium Enterprise (SME) sectors. The Company integrates capabilities from third-party cybersecurity providers, allowing companies to continuously adapt their services to evolving technologies and providers – ensuring customers have access to the latest cybersecurity solutions. Apart from providing essential cybersecurity services, Integrated Cyber's managed services and IC360 technology platform consolidate vast amounts of information to generate actionable intelligence from the numerous software point solutions within their customer's environments. The results enable simple, understandable, and actionable insights to help customers comprehend and better secure their organization. Integrated Cyber greatly emphasizes the human aspect of cybersecurity management, simplifying complex concepts, and highlighting the crucial role that employee behavior plays in a company's cyber defenses.
Contact:
Kevin Thomas, CMO
email: PR@Integrated-Cyber.com
Forward-Looking Statement:
This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. These statements are based on current expectations and projections about future events. Forward-looking statements are often, but not always, identified by words such as 'anticipate,' 'expect,' 'intend,' 'plan,' 'believe,' 'seek,' 'estimate,' 'will,' 'project,' 'continue,' 'predict,' 'potential,' 'target,' 'forecast,' 'budget,' 'goal,' 'may,' 'should,' 'could,' or similar expressions. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to materially differ from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the following: the impact of the COVID-19 pandemic, economic conditions, industry trends, regulatory changes, competition, technological advancements, and other factors beyond our control. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Effective immediately, Integrated Cyber Solutions Inc. will be reinstated for trading.
The Company has rectified the situation that gave rise to the suspension.
_________________________________
Avec effet immédiat, Integrated Cyber Solutions Inc. sera réintégrée à la négociation.
La Société a rectifié la situation qui a donné lieu à la suspension.
Date : | le 7 juin/June 2024 |
Symbol(s)/Symbole(s) : | ICS |
If you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail: Listings@thecse.com.
Si vous avez des questions ou si vous avez besoin d'informations supplémentaires, veuillez contacter le service des inscriptions au 416 367-7340 ou par courriel l'adresse: Listings@thecse.com.
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Trading resumes in:
Company: Integrated Cyber Solutions Inc.
CSE Symbol: ICS
All Issues: Yes
Resumption (ET): 1:45 PM
CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .
SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions
View original content: http://www.newswire.ca/en/releases/archive/June2024/07/c4085.html
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(TheNewswire)
Vancouver, British Columbia TheNewswire - April 3, 2024 - Integrated Cyber Solutions Inc. (CSE:ICS) (FSE:Y4G) ("Integrated Cyber" or the "Company") wishes to correct an error in its previously issued press release titled, "Integrated Cyber Solutions Unveils Joint Venture Partnership with Hospitality Company in the Middle East" issued on April 2, 2024.
The error pertains to the status of the relationship with HSG Middle East. We apologize for any inconvenience this may have caused and appreciate your understanding.
The Company intended to announce that it has entered into a Letter of Intent to form a Joint Venture ("JV") partnership ("ICS Middle East") with an established company based in the UAE, HSG Middle East ("HSG"). Since 2012, HSG has been delivering specialized hospitality network and technology solutions across the Middle East. HSG is a member of the Gulf Cooperation Council (GCC), with relationships totaling over 500 hotels and 55,000 rooms in the region.
The purpose of the Joint Venture with HSG will be multi-faceted and strategic by nature. By establishing ICS Middle East, Integrated Cyber seeks to cultivate business alliances involving strategic partnerships with local entities to leverage their expertise and networks. Through this partnership, the Company anticipates gaining access to local market insights, cultural nuances, and regulatory knowledge essential for navigating and participating in this unique regional landscape.
Specifically, ICS Middle East will initially be focused on five key areas to grow its presence and commercial opportunities in the region:
• Collaborate with the UAE Government to develop a credentialing system tailored for individuals, corporations, and government agencies within the UAE
• Maintain focus on delivering cyber services to the power generation industry, leveraging its expertise honed through serving a major electricity generator company with over 15 power plants. It is anticipated that ICS Middle East will be in contention to provide cyber services to a power plant supplying approximately 20% of Dubai's electricity
• Offer cyber services to existing hotel and hospitality clients of HSG, which include prominent names such as EMAAR Hospitality, Fairmont, Hilton, Atlantis, Jumeirah Hotels, Rotana, and Starwood hotels
• Establish a partnership with a leading provider of critical IT services and hardware to the UAE healthcare sector to offer cyber services to the Company's existing client base
• Capitalize on the momentum created by HSG's new office in Riyadh, Saudi Arabia, with plans to replicate the successful approach in the UAE by providing cyber services to hospitality, healthcare, and governmental sectors. This initiative builds upon existing relationships with entities such as the Saudi Arabia National Guard, NEOM, and the Sovereign Investment Fund PIF.
ICS Middle East participated in the ISACA Infosec/Cyber Security 2023 Conference in Dubai, winning the Best Newcomer award. ISACA is a global professional association and learning organization that leverages the expertise of its more than 165,000 members who work in digital trust fields such as information security, governance, assurance, risk, privacy, and quality. It has a presence in 188 countries, including 225 chapters worldwide.
About Integrated Cyber Solutions
Integrated Cyber Solutions is a managed security service provider (MSSP) that humanizes cybersecurity managed services to the Small-to-Medium Business (SMB) and Small-to-Medium Enterprise (SME) sectors. The Company integrates capabilities from third-party cybersecurity providers, ensuring customers have access to the latest cybersecurity solutions. Apart from providing essential cybersecurity services, Integrated Cyber's managed services and IC360 technology platform consolidate vast amounts of information to generate actionable intelligence from the numerous software point solutions within their customer's environments. The results enable simple, understandable, and actionable insights to help customers comprehend and better secure their organization.
About Hospitality Solution Group
Hospitality Solution Group (HSG) is a team of seasoned hospitality sourcing professionals who provide supplies and technology solutions in the hospitality sector. With a global outlook and a local focus, they collaborate with manufacturers, consultants, distributors, and end users to enhance and protect the hotel guest experience.
The Company's headquarters in Melbourne, Australia, serves as the hub for its operations, which are complemented by offices and warehousing in Dubai to serve the Middle East region. Leveraging their extensive international experience, they curate innovative products worldwide and establish long-standing relationships with manufacturers.
HSG specializes in highly customized hospitality solutions, ensuring their products seamlessly work with the operations of hotels, restaurants, venues, or offices. More information can be found at: http://www.hospitalitysolutiongroup.com
Contact:
Media Relations Team
email: PR@Integrated-Cyber.com
Forward-Looking Statement
This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. These statements are based on current expectations and projections about future events. Forward-looking statements are often, but not always, identified by words such as 'anticipate', 'expect', 'intend', 'plan', 'believe', 'seek', 'estimate', 'will', 'project', 'continue', 'predict', 'potential',' target', 'forecast', 'budget', 'goal', 'may', 'should', 'could', or similar expressions. In this press release, the forward-looking statements include, but are not limited to, expectations regarding the implementation of marketing and investor relations services of White Rabbit Projects Pte. Ltd., Sagacity Capital Media, Investing News Network, Guerilla Capital, and First Phase Capital; and, in particular, the anticipated effects of the proposed marketing services. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to materially differ from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the following: economic conditions, industry trends, regulatory changes, competition, technological advancements, and other factors beyond our control. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Copyright (c) 2024 TheNewswire - All rights reserved.
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(TheNewswire)
Vancouver, British Columbia TheNewswire - April 2, 2024 - Integrated Cyber Solutions Inc. (CSE:ICS) (FSE:Y4G) ("Integrated Cyber" or the "Company") is pleased to announce that the Company has formed a Joint Venture ("JV") partnership ("ICS Middle East") with an established company based in the UAE, HSG Middle East ("HSG"). Since 2012, HSG has been delivering specialized hospitality supplies and technology solutions across the Middle East. HSG is a member of the Gulf Cooperation Council (GCC), with relationships totaling over 500 hotels and 55,000 rooms in the region.
The purpose of the JV with HSG will be multi-faceted and strategic by nature. By establishing ICS Middle East, Integrated Cyber seeks to cultivate business alliances involving strategic partnerships with local entities to leverage their expertise and networks. Through this partnership, the Company anticipates gaining access to local market insights, cultural nuances, and regulatory knowledge essential for navigating and participating in this unique regional landscape.
Specifically, ICS Middle East will initially be focused on five key areas to grow its presence and commercial opportunities in the region:
• Collaborate with the UAE Government to develop a credentialing system tailored for individuals, corporations, and government agencies within the UAE
• Maintain focus on delivering cyber services to the power generation industry, leveraging its expertise honed through serving a major electricity generator company with over 15 power plants. It is anticipated that ICS Middle East will be in contention to provide cyber services to a power plant supplying approximately 20% of Dubai's electricity
• Offer cyber services to existing hotel and hospitality clients of HSG, which include prominent names such as EMAAR Hospitality, Fairmont, Hilton, Atlantis, Jumeirah Hotels, Rotana, and Starwood hotels
• Establish a partnership with a leading provider of critical IT services and hardware to the UAE healthcare sector to offer cyber services to the company's existing client base
• Capitalize on the momentum created by HSG's new office in Riyadh, Saudi Arabia, with plans to replicate the successful approach in the UAE by providing cyber services to hospitality, healthcare, and governmental sectors. This initiative builds upon existing relationships with entities such as the Saudi Arabia National Guard, NEOM, and the Sovereign Investment Fund PIF.
Previous to the JV, ICS Middle East participated in the ISACA Infosec/Cyber Security 2023 Conference in Dubai, winning the Best Newcomer award. ISACA is a global professional association and learning organization that leverages the expertise of its more than 165,000 members who work in digital trust fields such as information security, governance, assurance, risk, privacy and quality. It has a presence in 188 countries, including 225 chapters worldwide.
About Integrated Cyber Solutions
Integrated Cyber Solutions is a managed security service provider (MSSP) that humanizes cybersecurity managed services to the Small-to-Medium Business (SMB) and Small-to-Medium Enterprise (SME) sectors. The Company integrates capabilities from third-party cybersecurity providers, ensuring customers have access to the latest cybersecurity solutions. Apart from providing essential cybersecurity services, Integrated Cyber's managed services and IC360 technology platform consolidate vast amounts of information to generate actionable intelligence from the numerous software point solutions within their customer's environments. The results enable simple, understandable, and actionable insights to help customers comprehend and better secure their organization.
Contact:
Media Relations Team
email: PR@Integrated-Cyber.com
Forward-Looking Statement
This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. These statements are based on current expectations and projections about future events. Forward-looking statements are often, but not always, identified by words such as ‘anticipate', ‘expect', ‘intend', ‘plan', ‘believe', ‘seek', ‘estimate', ‘will', ‘project', ‘continue', ‘predict', ‘potential', 'target', ‘forecast', ‘budget', ‘goal', ‘may', ‘should', ‘could', or similar expressions. In this press release, the forward looking statements include, but are not limited to, expectations regarding the implementation of marketing and investor relations services of White Rabbit Projects Pte. Ltd., Sagacity Capital Media, Investing News Network, Guerilla Capital, and First Phase Capital; and, in particular, the anticipated effects of the proposed marketing services. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to materially differ from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the following: economic conditions, industry trends, regulatory changes, competition, technological advancements, and other factors beyond our control. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Copyright (c) 2024 TheNewswire - All rights reserved.
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(TheNewswire)
Vancouver, British Columbia TheNewswire March 27, 2024 - Integrated Cyber Solutions Inc. (CSE:ICS) (FSE:Y4G). Since 2018, the global cyber insurance market has experienced remarkable growth beyond the industry average, with coverage volumes tripling over that time frame. Today, this insurance domain has generated approximately US$13 billion in gross direct premiums by 2022 and is expected to produce an industry compound annual growth rate (CAGR) of 12.3% from 2023 to 2030.
The cyber insurance market refers to the sector within the insurance industry that provides coverage against losses and damages resulting from cyber incidents and cyber-related risks. This type of insurance typically protects individuals, businesses and organizations against various cyber threats, including data breaches, hacking attacks, ransomware, network outages, and other forms of cybercrime.
Similar to conventional property insurance coverage, cyber insurance policies can offer remediation for a range of expenses to replace, substitute and mitigate the costs associated with the loss of property. Some policies may also include coverage for business interruption losses resulting from cyber events.
While the market involves risk managers, cybersecurity experts, and legal professionals who contribute to assessing risks, developing policies, and managing claims, the cyber industry remains relatively unstructured against the more mature sub-sectors. The absence of a secondary market for risk-sharing, lack of a dependable incident record databases, along with the inadequacy of automated tools for risk assessment collectively places the responsibility on the client to accurately self-assess their risk profile.
This presents a significant liability gap that leaves many companies vulnerable—even those who believe they have sufficient protection.
While the cyber insurance industry remains in its infancy relative to traditional insurance realms, Integrated Cyber Solutions is methodically attempting to tame this chaotic and undefined market. It is doing so led by an experienced leadership team who understands its end user needs, while developing a proprietary platform that is comprehensive and intuitive to operate.
More specifically, ICS has adopted an industry first Cyber Rating System. The purpose of this system is to provide a quantifiable system to balance risk between providers and their clients. The system provides the insurers with a real-time tool to constantly evaluate their clients risk score thus significantly eliminating risk exposure. It is dynamic and able to be customized to each situation while providing an experience database of claims performance to allow actuaries the capability to better assign risk.
At the core of ICS' security infrastructure lies a "Generative AI Model" capable of processing and correlating all activity and reporting it in a humanly understandable manner. The output is a weighted risk score measuring client's real-time readiness. We also incorporate emerging industry regulations as well as part of our service as well.
According to Integrated Cyber Solutions CEO Alan Guibord, navigating the landscape for cybersecurity solutions is immensely challenging due to network complexity and budget outlays: "The abundance of choices, coupled with the intricate jargon and complexity, can render the selection process daunting and perplexing. We have built ICS to exceed the cyber security demands of small and medium sized businesses in a foreboding threat matrix environment."
The Cyber Insurance Industry Presents Future Growth Opportunities
The anticipation that the cyber insurance market will surpass the industry average in future growth is rooted in several key factors. Firstly, the landscape of cyber threats is continuously evolving and becoming more sophisticated with the rapid advancements in technology. Consequently, businesses and individuals are increasingly acknowledging the necessity of cyber insurance to shield themselves from potential financial losses resulting from cyberattacks.
Secondly, there is a notable shift in the regulatory environment worldwide towards stricter regulations concerning data protection and cybersecurity. Compliance with these regulations often mandates investments in cybersecurity measures and insurance coverage, thereby propelling the demand for cyber insurance policies.
The heightened awareness of cyber risks is permeating through businesses of all sizes, largely due to the prominence of high-profile cyber incidents in the media. As a result, more organizations are acknowledging the potential financial ramifications of cyberattacks and are turning to insurance as an integral component of their risk management strategies. This growing awareness is contributing significantly to the expansion of the cyber insurance market.
High Profile Incident | Company | Date |
SolarWinds Attack | SolarWinds | Dec 2020 |
Equifax Data Breach | Equifax | Jul 2017 |
Yahoo Data Breaches | Yahoo | Various |
Marriott International | Marriott | Nov 2018 |
LinkedIn Breach | Apr 2021 | |
Capital One Data Breach | Capital One | Jul 2019 |
As the threat and exploitation matrix increases exponentially across the curve, companies with the vision and wherewithal to develop the tools to navigate this growing market present opportunities to investors. Integrated Cyber Solutions is one such company addressing the needs of organizations both large and small..
About Integrated Cyber Solutions
Integrated Cyber Solutions is a managed security service provider (MSSP) that humanizes cybersecurity managed services to the Small-to-Medium Business (SMB) and Small-to-Medium Enterprise (SME) sectors. The Company integrates capabilities from third-party cybersecurity providers, ensuring customers have access to the latest cybersecurity solutions. Apart from providing essential cybersecurity services, Integrated Cyber's managed services and IC360 technology platform consolidate vast amounts of information to generate actionable intelligence from the numerous software point solutions within their customer's environments. The results enable simple, understandable, and actionable insights to help customers comprehend and better secure their organization.
Contact:
Media Relations Team
email: PR@Integrated-Cyber.com
Forward-Looking Statement
This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. These statements are based on current expectations and projections about future events. Forward-looking statements are often, but not always, identified by words such as ‘anticipate', ‘expect', ‘intend', ‘plan', ‘believe', ‘seek', ‘estimate', ‘will', ‘project', ‘continue', ‘predict', ‘potential', 'target', ‘forecast', ‘budget', ‘goal', ‘may', ‘should', ‘could', or similar expressions. In this press release, the forward-looking statements include, but are not limited to, expectations regarding the implementation of marketing and investor relations services of White Rabbit Projects Pte. Ltd., Sagacity Capital Media, Investing News Network, Guerilla Capital, and First Phase Capital; and, in particular, the anticipated effects of the proposed marketing services. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to materially differ from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the following: economic conditions, industry trends, regulatory changes, competition, technological advancements, and other factors beyond our control. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Copyright (c) 2024 TheNewswire - All rights reserved.
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Further to its announcements on 30 October 2024 and 12 November 2024, Bigtincan Holdings Limited (Bigtincan) (ASX:BTH) has received a revised proposal from Vector Capital Management, L.P. (Vector) to acquire BTH by way of scheme of arrangement for cash consideration of 22 cents per share, which will be reduced (1) on a per share basis to the extent that BTH’s transaction costs in connection with the IAAC Transaction, the Vector Proposal and the director nominations at the 2024 AGM exceed $4 million, and (2) by 0.7 cents per share if the break fee becomes payable under the IAAC SID (Vector Proposal). BTH shareholders will be informed in due course should any adjustment be triggered.
Vector has confirmed it has completed its confirmatory due diligence and has received investment committee approval for the Vector Proposal.
Superior Proposal Determination
The BTH Board has carefully reviewed the terms of the Vector Proposal and has determined it is a Superior Proposal under the terms of the scheme implementation deed (IAAC SID) between Investcorp AI Acquisition Corp. (IAAC), BTH Merger Sub Limited and Bigtincan Limited (together, Investcorp Parties) and BTH because it:
taking into account all aspects of the Vector Proposal and the IAAC Transaction.
IAAC matching right triggered
Under the terms of the IAAC SID, BTH has provided notice to the Investcorp Parties which enlivens the matching period during which IAAC may amend the IAAC Transaction including by increasing the amount of consideration offered under the IAAC Transaction or proposing any other form of transaction (each a Counter Proposal). That matching period is due to expire at 11.59pm (Sydney time) on Monday 2 December 2024.
If IAAC tables a Counter Proposal, the BTH Board must review that Counter Proposal in good faith to determine whether that Counter Proposal would provide an equivalent or superior outcome to BTH and the BTH Shareholders as a whole compared with the Vector Proposal.
BTH will keep Shareholders informed of any Counter Proposal received from IAAC, and the implications under the IAAC SID if:
Additional background
On 21 October 2024, BTH entered into a Business Combination Agreement (BCA), scheme implementation deed (IAAC SID) and related transaction documents with the Investcorp Parties under which, subject to certain conditions:
Under these arrangements and subject to satisfaction of the various conditions, BTH shareholders will receive 1 Bigtincan Limited share for every 30.97 BTH shares, with the result that BTH Shareholders will own up to ~75% of Bigtincan Limited ordinary shares immediately following implementation.
Click here for the full ASX Release
This article includes content from Bigtincan Holdings Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
Streamplay Studio Limited (“Streamplay” or the “Company”) (ASX: SP8), is pleased to announce that it has entered into a binding Share Sale Agreement (“SSA”) to acquire 100% of Noodlecake Studios Inc. (“Noodlecake”), a profitable North American indie gaming company headquartered in Canada, from its parent company Zplay (HK) Technology Co. Limited (“Zplay”). The addition of Noodlecake aligns with Streamplay’s strategic direction, including the recent appointment of Silicon Valley tech advisor Paolo Privitera (ASX: 8 October 2024) to the board of directors, strengthening the Company’s North American and global gaming footprint.
HIGHLIGHTS
About Noodlecake
Founded in Canada in 2011, Noodlecake is an established, reputable and profitable indie game studio and publisher. With a diverse portfolio of over 60 games listed across more than 10 storefronts and available in over 45 countries, Noodlecake has engaged players worldwide with award-winning content, achieving over 270 million downloads to date.
Since incorporation, the studio has generated significant revenue through its multifaceted monetisation strategy, including over A$15 million in in-app purchases, over A$9 million in direct game sales, and over A$18 million in advertising revenue, alongside other significant sources.
These revenues are strategically driven by the studio’s presence on major digital storefronts such as the Apple App Store, Google Play, Steam, and Nintendo Switch. Noodlecake’s adaptability to emerging opportunities is evident in its recent expansions into Xbox and PlayStation, with future releases targeting premium storefronts and subscription platforms.
Noodlecake boasts an impressive track record of publishing award-winning titles that have captivated both players and critics alike. Among its successes, “Yes, Your Grace” recently won Best Indie Game on Google Play for 2024,1 showcasing their ability to support compelling and engaging indie experiences. “Golf Blitz”, an innovative multiplayer spin on the classic golf genre which was developed inhouse, earned critical acclaim and was featured as an Editor’s Choice by Apple in 2019.2 Additionally, “Alto’s Odyssey”, another title published by Noodlecake, received an Apple Design Award in 20183 for its exceptional artistry and gameplay.
Their games employ a range of revenue models tailored to each platform. Premium titles generate revenue through direct purchases, while free-to-play games monetise via in-app purchases and targeted ads.
Additionally, Noodlecake has a history of securing exclusive, curated partnerships with Apple Arcade, Google Play Pass, and Xbox Game Pass which provide consistent revenue through subscription-based engagement.
The studio’s upcoming game, “Winter Burrow”,4 set for release on Xbox Game Pass, Xbox storefront, Switch and Steam, early in 2025, is just one example of how Noodlecake leverages these partnerships to generate stable, upfront revenues.
Click here for the full ASX Release
This article includes content from Streamplay Studio, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company") is proud to unveil its latest innovation, the Off-Grid EV Charging Station, designed to support electric vehicle infrastructure in remote and underserved areas. Energy Plug's advanced battery systems enable portable charging solutions with a reliable and eco-friendly alternative to traditional grid-dependent stations.
The Off-Grid EV Charging Station leverages the company's state-of-the-art Battery Energy Storage System (BESS) and renewable energy technology to create a fully self-contained, modular charging unit. Units can range in size from 20 kWh up to 500 kWh and be equipped with solar panels, wind turbines, or a general grid connection giving the station the ability to operate independently of the electrical grid. This makes it ideal for remote highways, rural communities, and urban areas seeking sustainable solutions, all within the durable and secure structure of Energy Plug's specialized system.
The station includes multiple charging ports compatible with Level 2 and Level 3 fast charging, ensuring seamless compatibility with all major electric vehicle models. Energy is stored and managed within the advanced battery container, which is engineered for optimal safety and efficiency. The container integrates remote monitoring and diagnostics capabilities, enabling real-time tracking of energy production, usage, and system health to ensure seamless operation and minimal downtime.
President and CEO Brodie Gunning expressed his enthusiasm for the project: "The Off-Grid EV Charging Station reflects our commitment to sustainability and innovation. By combining our proven battery container technology with renewable energy and EV charging, we're delivering a transformative solution that meets the growing demand for reliable, eco-conscious infrastructure, especially in areas where traditional grids fall short."
The Off-Grid EV Charging Station is designed for flexibility and scalability. It can be deployed in remote locations with limited infrastructure, such as national parks and rural highways, providing EV drivers with peace of mind. Urban areas can use the station to support sustainability initiatives, while its modular, containerized design makes it suitable for emergency use during power outages or natural disasters.
About Energy Plug Technologies Corp.
Energy Plug Technologies Corp. is an energy technology company dedicated to innovation and sustainability. With a focus on residential, commercial, and utility energy storage applications, our goal is to advance battery technologies to enhance energy management and grid resiliency. Based in British Columbia, we seek to leverage strategic partnerships with Indigenous communities and the development of a vertically integrated supply chain involving industry-leading companies in Taiwan to provide advanced solutions to our customers and partners. For more information about Energy Plug, visit our website at https://energyplug.com.
Contact Information
Energy Plug Technologies Corp.
Broderick Gunning
President & CEO
brodie@energyplug.com
Investor Relations
Renmark Financial Communications Inc.
1900 - 130 King Street West, Toronto, ON M5X 1E3
John Boidman: jboidman@renmarkfinancial.com
Tel.: (416) 644-2020 or (212)-812-7680
www.renmarkfinancial.com
Forward-Looking Statements
This news release contains forward-looking information within the meaning of applicable securities legislation. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "will", "proposes", "expects", "estimates", "intends", "anticipates" or "believes", "aim", or variations (including negative and grammatical variations) of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding any objectives and strategies of the Company) are forward-looking information.
The forward-looking information in this news release includes but is not limited to the statements about the benefits, capacity, application, suitability, certification and availability of the Off-Grid EV Charging Station.
The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various risk factors, including, but not limited to obtaining financing, ability to build the battery assembly factory on Vancouver Island, ability to secure suppliers of batteries and obtaining batteries at desired prices, supply chain disruptions, changing government plans, policies regarding clean energy, batteries, electric power grid, electric vehicles and other electric transportation devices, elimination or reduction of government subsidies for electric vehicles and other electric transportation devices, solar panels, and wind power installations; changes in the Canadian and/or the U.S Government policies, rules and regulations, and potential war conflicts which may disrupt supply of the components required to produce batteries.
The material assumptions used to develop forward-looking information include, but not limited to general business and economic conditions, financial markets conditions, the Company's ability to fund its operations through financings and joint ventures, procurement of consulting, technical and related services and supplies on favourable terms, attraction and retention of key staff members, market demand for the Company's products, growth prospects in the market for its products, accessibility of raw materials and battery pack supplies to meet market demand, facility profitability, the anticipated terms of the consents, permits, certifications and authorizations necessary to carry out the planned operations and the Company's ability to comply with such terms on a cost-effective basis, and the ongoing relations with the industry regulators.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intention to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Investment in the securities of the Company is risky.
HighCom Limited (ASX: HCL, ‘HighCom’, ‘Group’) is pleased to announce that it has received a new spare parts order for A$5.6m (including GST) from the Commonwealth of Australia’s Department of Defence, as part of the Small Uncrewed Aerial Systems (SUAS) Support Contract. The order will be completed during H2 FY2025.
This Support Contract has an initial 4-year term for support services with 6 years (2+2+2) of contract extension options. Contracted support services can include a variety of engineering, maintenance, and logistic support services, as well as the supply of spare parts. The order is part of the multi-year Support Contract for AeroVironment SUAS announced by HighCom Limited on 3 October 2023.
Mr Ben Harrison, HighCom Limited Chairman said:
“HighCom has been supporting Defence for over 30 years and is very pleased to receive this spare parts order under the initial 4-year term of the potential 10 year SUAS Support Contract for the mixed fleet of AeroVironment SUAS. HighCom remains committed to representing, delivering, integrating, and sustaining all AeroVironment product lines for the Australian Defence Force. This is backed by our decade of partnering with AeroVironment to introduce into service new and existing technologies to increase ADF capability.”
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This article includes content from HighCom Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here
Opyl Limited (ASX: OPL) a leader in clinical trial design and biostatistical validation, is pleased to announce the signing of a service agreement with Commercial Eyes Pty Ltd, a ProductLife Group company and prominent Australian pharmaceutical and medical device commercialisation company.
Commercial Eyes is a leading lifesciences consultancy that offers full end-to-end commercialisation services. As part of ProductLife Group, an international leader in the life sciences industry, Commercial Eyes has expanded its global presence, enabling broader market access and expertise across the JAPAC region and beyond.
This collaboration will leverage global insights to enhance Commercial Eyes’ market research and competitive intelligence capabilities.
This agreement signifies a major milestone in Opyl's ongoing commitment to enhancing clinical trial outcomes through AI-driven solutions.
Under the terms of this agreement, Opyl will provide Commercial Eyes with market research, and competitive intelligence analysis to assist in a range of client projects, across the pharmaceutical, medtech and biotechnology sectors.
Key Highlights
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This article includes content from Opyl, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
Robotic technology company FBR Limited (ASX: FBR; OTCQB: FBRKF) (‘FBR’ or ‘the Company’) is pleased to announce that it has received confirmation from CRH Ventures that the first next-generation Hadrian X® has successfully met their requirements and has completed Site Acceptance Testing at the Fort Myers facility in Florida, United States.
Highlights
An independent structural engineer provided confirmation that the walls of the test build were consistent with the design and met applicable building standards.
Completion of Site Acceptance Testing triggered a US$600,000 payment by CRH Ventures to FBR and the commencement of the Demonstration Program. The Demonstration Program requires FBR to construct the external walls of five to ten single-storey houses utilising the next-generation Hadrian X®. The Demonstration Program will commence shortly.
The Demonstration Program will be deemed complete when FBR completes construction of its five houses plus up to five houses added to the program by CRH Ventures, with all houses to be certified by an independent structural engineer. Upon completion of the Demonstration Program, FBR will receive a payment of US$400,000 from CRH Ventures under the Demonstration Program agreement. The completion of the Demonstration Program also marks the commencement of a 45-day period for CRH Ventures to exercise the option to form a joint venture for the delivery of Wall as a Service® in the United States.
This announcement has been authorised for release to the ASX by the FBR Board of Directors.
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This article includes content from FBR Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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