Emerging Technology

  • Electronics and Software Predicted to Account for 50% of Total Car Costs by 2030
  • New Awards Program will Recognize Automotive Industry Trailblazers Driving Once-in-a-Century Transformation

MotorTrend the leading global automotive media company, announced today that it is joining leading software company, BlackBerry Limited (NYSE: BB) (TSX: BB) to launch the Software-Defined Vehicle Innovator Awards. The new awards program looks to celebrate the innovators and pioneers who are leading the automotive industry's once-in-a-century transformation from hardware to software which will redefine how cars are designed, built, driven and experienced.

MotorTrend and BlackBerry Announce Inaugural Software-Defined Vehicle Innovator Awards. New Awards Program will Recognize Automotive Industry Trailblazers Driving Once-in-a-Century Transformation

SDV Awards Press Kit: Documentary, Trailer Videos, Fact Sheet, Sound Bites, Photos

For more than a century the bulk of a car's value was in its mechanical, hardware, and other physical components. However, as personal technology has evolved, software and connected services will soon become the most important drivers of value, and a key differentiator, for automobile manufacturers. With the average new car containing more than 100 million lines of code and thousands of different computer chips already in use, independent research predicts that by 2030, electronics and software will account for 50% of car costs, up from about 30% today. This represents a fundamental shift in the automotive industry, as the software opportunity in autonomous cars will grow from less than one billion dollars today to $25 billion . According to recent forecasts, revenue from software-driven vehicles could account for as much as 50% of the automotive industry's future earnings. *

As the creator of the most prestigious automotive awards – Car, Truck and SUV of the Year and its annual Power List – MotorTrend is joining forces with BlackBerry, whose BlackBerry® QNX® technology is embedded in over 215 million vehicles worldwide, to encourage OEMs and automotive suppliers to nominate outstanding pioneers, leaders and domain experts in recognition of their extraordinary work using software to push industry boundaries and improve the driving experience for consumers.

"Speaking with automakers and Tier 1s around the world, nothing is more important to them than software and electronics as both allow them to deliver compelling in-car experiences and differentiate against the competition," said Mark Wilson , Chief Marketing Officer, BlackBerry. "To that end, we're thrilled to be teaming up with MotorTrend to recognize and elevate the unsung heroes who have been systematically laying the stakes for the auto industry's exciting next chapter. I firmly believe that we'll see more change in the next ten years than we've seen in the previous hundred and, given that it's the software heads that will determine what that future looks like, we felt it was particularly important to create the Software-Defined Vehicle Innovator Awards to recognize and celebrate individuals who are leading the way."

"There is a massive technological shift going on in the auto industry and it's not just defined by software, it's driven by people: engineers, software developers, computer scientists," said Ed Loh , Head of Editorial, MotorTrend Group. "These men and women are on the leading edge of imagining and executing the future of mobility. We're putting our decades-long experience to work to help provide insight and perspective on these people and transformative work they are doing. With BlackBerry's help, we want to highlight the pioneers, leaders and experts who are doing the most important work in the space, and effectively shaping our automotive future."

Nominations are now open for the following three Software-Defined Vehicle Innovator Awards (SDVI) categories:

  • Pioneer: This outstanding individual has demonstrably broken new ground within the SDV space through research, development, and application of new automotive software.
  • Leader: This exceptional principal is in a senior management position and leads a team that is transforming the automotive industry through the broad adoption and application of software solutions.
  • Domain Expert: This critical team member is a subject matter expert within a specific SDV discipline (e.g. advanced driver assistance systems, digital cockpit, over-the-air updates, autonomous, recruiting etc.)

Automakers and automotive suppliers can nominate their employees by visiting https://www.motortrend.com/sdv-form/ . Each nomination is subject to a diligent screening process involving representatives exclusively from MotorTrend's editorial team, who will review the submissions and establish a short list of finalists.

The nomination process closes at 11:59 pm PT on Monday , October 31 and the short list of finalists will be announced in the Fall of 2022. MotorTrend and BlackBerry will announce the first annual SDVI Awards winners during a ceremony on Thursday, January 5 in Las Vegas , in conjunction with CES 2023. For more information and rules please visit: https://www.motortrend.com/sdvawards .

To underscore the importance of the emerging software-defined vehicle age and the need to recognize the industry disruption coming at the hands of these innovators and pioneers, MotorTrend has produced a 22-minute documentary, 'Coding the Car ', and a book by the same title, which are being released as companion pieces with the SDV Innovator Awards announcement. For more information and assets related to the documentary and SDV Innovator Awards please visit motortrendpresskit.com .

*Source: Lux Research

About MotorTrend Group

MotorTrend Group , a Warner Bros. Discovery company, is the largest automotive media company in the world, bringing together Warner Bros. Discovery's MotorTrend TV and a vast automotive digital, direct-to-consumer, social, and live event portfolio, including MOTOR TREND, HOT ROD, ROADKILL, AUTOMOBILE and more than 20 other industry-leading brands. With a monthly audience of 26 million across web, TV and print, and 110 million social followers, culminating in 1.3 billion monthly impressions across all platforms, MotorTrend Group encompasses television's #1 network for automotive fans, a leading automotive YouTube Channel and MotorTrend+, the only subscription streaming service dedicated entirely to the motoring world. MotorTrend Group serves to embrace, entertain and empower the motoring world.

About BlackBerry

BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including over 215M vehicles.  Based in Waterloo, Ontario , the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.

For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved.  All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contact:

BlackBerry

BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com

MotorTrend Group

Rob Quigley
Senior PR and Social Media Manager
MotorTrend Group
Robert_Quigley@motortrend.com
213-248-8922

Scott Shaffstall
Head of Corporate Communications
MotorTrend Group
Scott_Shaffstall@motortrend.com
949-285-6315

BlackBerry Logo Black (PRNewsfoto/Blackberry Limited)

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SOURCE BlackBerry Limited

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Sierra Wireless Securityholders Approve Acquisition by Semtech Corporation

Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) ("Sierra Wireless" or the "Company") is pleased to announce that its Securityholders (as defined below) have approved the acquisition of all of the outstanding shares of the Company (the "Shares") by 13548597 Canada Inc., a wholly-owned subsidiary of Semtech Corporation ("Semtech") by way of a statutory plan of arrangement (the "Transaction" or the "Arrangement") at the special meeting of Securityholders held today (the "Meeting").

The special resolution approving the Arrangement was approved by: (i) 98.60% of the votes cast by the shareholders of the Company (the "Shareholders") present in person, virtually or represented by proxy at the Meeting, and (ii) 98.69% of the votes cast by Shareholders, holders of options to purchase Shares of the Company, holders of restricted share units and phantom restricted share units of the Company and holders of performance share units of the Company (collectively, the "Securityholders"), voting together as a single class, present in person, virtually or represented by proxy at the Meeting.

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BlackBerry Reports Second Quarter Fiscal Year 2023 Results

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"Ted Lasso" once again becomes the most Emmy Award-winning comedy

Apple TV+ lands nine Emmys total, including four wins for "Ted Lasso," and honors for "Carpool Karaoke: The Series," "Severance," "Schmigadoon!," and "Home Before Dark"

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Zylorion Announces Additions to Board of Directors and Advisory Committee

Zylorion Health Inc., ( "Zylorion" or the "Company" ), a precision mental health care and psychedelic therapy focused innovator, is pleased to announce the addition of Mr. Jeroen Tas to the Company's Board of Directors, and the addition of Dr. Ted Goldstein to the Company's Digital Health Advisory Committee.

Zylorion logo (CNW Group/Zylorion)

"We are extremely pleased to have Mr. Tas and Dr. Goldstein join our Company. In addition to being recognized and celebrated as leaders in transformative tech and innovation, Mr. Tas and Dr. Goldstein have a track record of successful entrepreneurship and bring very relevant and deep experience in healthcare, health technologies, and bioinformatics", commented Dr. Peter Silverstone , Chief Executive Officer.

About Mr. Jeroen Tas

Mr. Tas previously served as Chief Innovation and Strategy Officer with Koninklijke Philips N.V. (" Philips ") (NYSE: PHG) (AMS: PHIA), a leading global health technology company. Prior to joining Philips, Mr. Tas co-founded and served as President, COO and Vice Chairman of Mphasis Ltd., a global technology solutions company. Mr. Tas also led Transaction Technology Inc., Citi's tech lab, where he oversaw the first launch of internet banking, new payment networks and internet-based self-service devices.

Mr. Tas previously served as an observer to Zylorion's Board of Directors and as a member of the Digital Health Advisory Committee.

About Dr. Ted Goldstein

Dr. Goldstein most recently served as Chief Artificial Intelligence Officer with Elevance Health Inc. (NYSE: ELV), formerly Anthem Inc., where he oversaw the development of 'HealthOS', an artificial intelligence-based health operating system. Dr. Goldstein was previously Vice President of Software Tools at Apple (NASDAQ: AAPL), where he led the team that created Xcode, Mac OS X, and iOS runtime operating systems for Mac and iPhone. Before Apple, Dr. Goldstein served as Chief Java Commerce Officer with Sun Microsystems, where he was co-creator of the Java programming language and designed the Java card system used in billions of smartcards.

"We are excited to welcome to Mr. Tas and Dr. Goldstein to our Company and look forward to working closely with them, as well as with the rest of our Directors and Advisors, towards achieving our mission of delivering innovative and effective new therapies that will enable those suffering from mental health challenges to thrive", noted Dr. Silverstone.

About Zylorion

Zylorion is a biotech company engaged in the development and delivery of integrated precision mental health therapies to address psychological and neurological mental health conditions. Zylorion is focused on the research, development and commercialization of psychedelic-based compounds coupled with novel therapeutic treatment programs targeting a continuum of mental health conditions, such as MDD (major depressive disorder), TRD (treatment resistant depression), PTSD (post-traumatic stress disorder), general depression, anxiety disorders, and a number of addictive tendencies. Zylorion aims to leverage leading technologies to support the scalability and accessibility of its integrated therapy programs in its mission to enable those experiencing mental health challenges to thrive.

Cautionary Note Regarding Forward-Looking Statements

This news release contains statements that constitute forward-looking information ("forward-looking information") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information.

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SOURCE Zylorion

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