AI-Media and Speechmatics Announce Strategic Partnership to Evolve Captioning and Language Services Technologies

AI-Media and Speechmatics Partnership

AI-Media and Speechmatics today announce a strategic expansion of their multi-year partnership to deliver new and better AI-driven products to market.

BROOKLYN, N.Y., Sept. 13, 2024 (GLOBE NEWSWIRE) — AI-Media – the global leader in audiovisual encoding technology and AI-driven transcription and translation solutions, and Speechmatics – the market leader in speech recognition technology, today announce a strategic expansion of their multi-year partnership to deliver new and better AI-driven products to market.

This partnership brings together Speechmatics’ leading speech-to-text technology and AI-Media’s unique iCap-based encoding appliances and secure network that seamlessly embeds the technology within customers’ existing workflows and automation systems.

By integrating these capabilities, AI-Media’s LEXI 3.0 has been the first AI product to overtake the quality of human-in-the-loop alternatives in the live video market – at a fraction of the cost.

Tony Abrahams, CEO of AI-Media, shared his thoughts on the partnership:

“Our data derived from the performance of LEXI 3.0 has shown Speechmatics to be one of our most trusted engines over the last two years, consistently delivering accurate results that continue to improve. This partnership brings our two companies even closer as we co-develop and ideate innovative solutions for the future of captioning and translation.

Together, we will create solutions that are accurate, reliable and adaptable to the diverse needs of our global clientele.

This collaboration deepens the partnership that has seen AI-Media’s iCap encoding ecosystem emerge as the leading choice of broadcasters and government customers around the world looking to get the best possible performance from these game changing AI technologies from Speechmatics.”

By leveraging Speechmatics’ advanced speech recognition engine and AI-Media’s cutting-edge workflow and encoding technologies, this partnership addresses the diverse and complex needs of various industries, from broadcasting to government and enterprise sectors.

The partnership broadens Speechmatics’ reach by integrating its core technology into AI-Media’s LEXI 3.0 product.

Extending the success of LEXI 3.0 into the European broadcast market is a near term objective – Speechmatics’ emerging multilingual capabilities align perfectly with AI-Media’s growth plans.

A Vision for the Future

This new partnership elevates AI-Media to become Speechmatics’ largest live captioning market partner, marking a significant milestone in their collaboration.

“Speechmatics has become the leading Automatic Speech Recognition (ASR) provider within broadcast because of our high accuracy and low latency across multiple languages, both live and offline. AI-Media has successfully integrated our technology into their market leading broadcast infrastructure to achieve impressive growth in their chosen markets, and this strategic partnership brings closer collaboration to allow for more rapid innovation and agility. As a result, global broadcasters will continue to get the best captioning service on the market and our combined strength in AI driven captioning can be utilised in a broader array of verticals,” said Katy Wigdahl, CEO of Speechmatics.

Together, AI-Media and Speechmatics are committed to integrating best-in-class technologies to set new industry standards. This collaboration is not just a technical integration but a partnership of vision and innovation, aimed at continuously evolving and adapting to the dynamic demands of the global language services market.

Visit AI-Media at IBC 2024

Experience AI-Media’s latest innovations at IBC 2024 and discover why broadcasters and organisations worldwide trust AI-Media and LEXI to transform their captioning workflows. To book a 1:1 meeting click HERE. For more information, visit ai-media.tv.

About AI-Media

Founded in Australia in 2003, AI-Media is a pioneering technology company specialising in AI language and captioning workflow solutions.

As a global leader, AI-Media provides high-quality AI-powered live and recorded captioning and translation technology and solutions to a diverse range of customers and markets worldwide.

For the first time in February 2024, AI-Media unveiled groundbreaking data showcasing the superiority of its AI captioning product, LEXI, over traditional more expensive human workflows in the live video market.

With deep industry experience and sophisticated AI technology to create solutions which streamline and simplify processes, AI-Media empowers leading broadcasters, enterprises and government agencies globally to ensure seamless accessibility and inclusivity of their content.

AI-Media (ASX: AIM) commenced trading on the ASX on 15 September 2020.

Visit Speechmatics at IBC 2024

Join Speechmatics at IBC 2024 and explore the latest advancements in Automatic Speech Recognition (ASR) technology. Discover why leading broadcasters and organizations like AI Media trust Speechmatics for real-time, accurate, and scalable ASR solutions. To schedule a 1:1 meeting, click HERE. For more information, visit speechmatics.com

About Speechmatics

Speechmatics is a global leader in Automatic Speech Recognition (ASR) technology, trusted by the biggest brands in the media and broadcasting industry. Our cutting-edge ASR solutions deliver the lowest latency and highest accuracy in the market, providing broadcasters with the fastest, most reliable real-time transcription services available.

Pioneering Innovation in ASR: We continuously push the boundaries of ASR technology to ensure our customers stay ahead. Our solutions not only capture spoken words but also recognize audio events such as laughter, applause, and music, setting us apart from the competition.

We’re excited to introduce Ursa 2, our latest breakthrough mode, offering an 18% reduction in errors across 50 languages, including enhanced support for Arabic dialects, Irish, and Maltese—bringing our language coverage to all 24 official EU languages. With latency reduced to under 1 second, Ursa 2 enhances real-time transcription at lightning-fast speed without compromising accuracy.

For broadcasters and organizations aiming for precision and speed in their captioning workflows, Speechmatics is the go-to choice.

Media Contact: Fiona Habben – Fiona.habben@ai-media.tv

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5929ce95-d0a8-4632-a788-8e90065db860

GlobeNewswire Distribution ID 9229707

Zenas BioPharma Announces Pricing of Upsized Initial Public Offering

WALTHAM, Mass., Sept. 12, 2024 (GLOBE NEWSWIRE) — Zenas BioPharma, Inc. (“Zenas”), (Nasdaq: ZBIO) a clinical-stage global biopharmaceutical company committed to being a leader in the development and commercialization of transformative immunology-based therapies, today announced the pricing of its upsized initial public offering of 13,235,294 shares of its common stock at an initial public offering price of $17.00 per share. All of the shares are being offered by Zenas. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be approximately $225.0 million. Zenas’ common stock is expected to begin trading on the Nasdaq Global Select Market on September 13, 2024 under the ticker symbol “ZBIO”. The offering is expected to close on September 16, 2024, subject to the satisfaction of customary closing conditions. In addition, Zenas has granted the underwriters a 30-day option to purchase up to an additional 1,985,294 shares of common stock at the initial public offering price, less underwriting discounts and commissions.

Morgan Stanley, Jefferies, Citigroup, and Guggenheim Securities are acting as joint book-running managers for the offering.

Registration statements relating to the shares being sold in the offering have been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on September 12, 2024. The offering is being made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or by email at prospectus@morganstanley.com; and from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at (877) 821-7388, or by email at Prospectus_Department@Jefferies.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About Zenas BioPharma, Inc.

Zenas is a clinical-stage global biopharmaceutical company committed to becoming a leader in the development and commercialization of transformative immunology-based therapies for patients in need. Our core business strategy combines our experienced leadership team with a disciplined product candidate acquisition approach to identify, acquire and develop product candidates globally that we believe can provide superior clinical benefits to patients living with autoimmune diseases. Zenas’ lead product candidate, obexelimab, is a bifunctional monoclonal antibody designed to bind both CD19 and FcγRIIb, which are broadly present across B cell lineage, to inhibit the activity of cells that are implicated in many autoimmune diseases without depleting them.

Forward-Looking Statements

This press release contains forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, including statements about the completion, timing and size of the initial public offering and the commencement of trading on the Nasdaq Global Select Market. Each forward-looking statement is subject to the inherent uncertainties in predicting future results and conditions and no assurance can be given that the initial public offering discussed above will be completed on the terms described or at all. Completion of the proposed initial public offering and the terms thereof are subject to numerous factors, many of which are beyond the control of Zenas, including, without limitation, market conditions, failure of customary closing conditions and the factors discussed in the “Risk Factors” section of the prospectus that forms a part of the registration statement, in the form last filed with the SEC. These forward-looking statements speak only as of the date of this press release and Zenas undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Contact:
Matthew Osborne
Investor Relations and Corporate Communications
Matt.osborne@zenasbio.com

Media Contact:
Argot Partners
Zenas@argotpartners.com

GlobeNewswire Distribution ID 9230259

World’s Biggest Cocktail Competition Names Keegan McGregor as World Class Global Bartender of the Year

Thousands competed in the 15th edition of World Class for the coveted title

Keegan McGregor shakes his Tanqueray No.TEN Martini at the World Class Bartender of the Year Global Finals in Shanghai

SHANGHAI, Sept. 12, 2024 (GLOBE NEWSWIRE) — Keegan McGregor from Canada has been awarded the coveted title of World Class Global Bartender of the Year 2024 at the world’s biggest cocktail competition, celebrated in Shanghai this year. Competing against finalists from 44 regions around the world, spanning six continents, Keegan McGregor was named as the ultimate winner by an international line-up of industry legends, during the annual celebration of global cocktail culture.

Keegan of Highwayman Bar stood out amongst the other competitors by presenting a series of signature serves that celebrated community, sustainability and innovation, to earn a place at the Global Final, hosted in one of the most historic and famous cities in the world, Shanghai. The World Class competition, hosted by Diageo, sets to challenge and inspire the next generation of bartenders through a spirited contest where they are rewarded for pushing their creativity, storytelling and techniques to the next level.

Keegan McGregor celebrates winning World Class Global Bartender of the Year 2024

Themed ‘Future Legacy’, this year’s event proved that the future of bartending has never been more exciting, with the discovery of unique flavour combinations and cocktail concepts that are reflective of the vibrancy seen in the best bars around the world.

As part of his journey, the winner showcased how Scotch Whisky can come alive and elevate a new generation of serves using technology, with a bespoke Johnnie Walker Blue Label serve. He was also challenged to create a duo of drinks reimagining both his home city and Shanghai featuring indigenous ingredients alongside Don Julio tequila. For his home city, Halifax, Nova Scotia, he showcased his take on a dish called Hodge Podge – a stew with local harvested vegetables – and took elements of that to create a twist on a classic eggnog. A Ketel One vodka challenge saw Keegan tasked with creating a cocktail initiative that supports the growth of the hospitality community in his neighbourhood in Halifax. He also created three pioneering gin cocktails with Tanqueray No. TEN, which took the judges on a journey through bartending history and into the future, with each drink paying tribute to an industry legend.

The Singleton challenge was about designing an ingeniously theatrical Single Malt Scotch whisky serve, blending taste with sound. The culmination was The Shanghai Showdown final challenge, which saw Keegan along with seven other finalists create an immersive bar pop-up experience that transcended the boundaries of bartending and set the tone for the future of cocktail culture.

Keegan McGregor is crowned Diageo World Class Global Bartender of the Year 2024 in Shanghai

Some of the industry’s most respected and awarded talent, including Agostino Perrone, Director of Mixology at London’s Award-Winning Connaught Bar, Ryan Chetiyawardana, mastermind of the Mr Lyan empire, Julie Reiner from NYC hot-spots, Milady’s and Clover Club, alongside an elite team of bartenders and bar owners from behind some of the world’s most celebrated bars formed the judging panel throughout the week.

Keegan McGregor, World Class Global Bartender of the Year 2024, said:
“My World Class journey started six years ago, so it’s a really special experience to be recognized as the World Class Global Bartender of the Year 2024. The camaraderie amongst the competitors this week has been both inspiring and has kept me going. The biggest piece of advice I was given was to be myself and that’s exactly what I did.”

Kevin Delaney, Global Senior Brand Manager of World Class, said:
“World Class has gone from strength to strength over the last 15 years and grown a reputation as a hotbed of trends and a pinnacle of bar culture. This year’s program truly feels like the culmination of a decade and a half of learning and growth for our program and global hospitality community. Shanghai is a unique meeting of traditional and modern and the city set the scene for an incredible week of creativity, professionalism, and hospitality at its best. Diageo has long been committed to celebrating the best of this wonderful industry and tonight we celebrate this year’s winner but also everyone who has been part of World Class over the last 15 years. I couldn’t be prouder of Keegan and can’t wait to be a part of this exciting new chapter of his journey as World Class Global Bartender of the Year”.

Cocktail lovers and industry experts travelled from across the globe to be part of an innovative and dynamic three-week programme of highlights. The World Class Cocktail Festival, accompanying the competition, showcased the best of Shanghai and the surrounding area’s cocktail and bar scene with over 100 venues activating with unique events and menus. Special guest shifts were held at Shingo Gokan’s host of award-winning Shanghai bars, Speak Low, Sober Company and The Odd Couple; Coa Shanghai, a Mexican-inspired cocktail bar specialising in agave spirits and cocktails; Hope & Sesame Guangzhou, ranked No.14 in Asia’s 50 Best Bars; Epic, an award-winning cocktail bar by Cross Yu, showcasing Shanghai Local Culture and Disco Era, and Japanese-influenced Suzu Bar, Shanghai. Last year’s World Class global winner, Jacob Martin, also hosted a guest shift at the luxury Mandarin Oriental hotel, in nearby Guangzhou.

World Class’s international cohort of industry experts did more than judge challenges and takeover the city’s bar scene, they also participated in the first-ever World Class Mentorship program and contributed to Industry Forum. This consisted of seminars, workshops, and group discussions, focussed on discussing the industry’s hottest and most discussed topics of the moment, which are faced by global hospitality businesses and professionals in every region. These included “Vibe Architecture” with Julie Reiner, Adrián Michalčík, Shelley Tai and Ervin Trykowksi, which immersed attendees in the essential elements of constructing a sensory landscape that perfectly complements consumer offering. “Content is Queen” with Jing Zhang, Global Editor-in-Chief of Jing Daily, Kaitlyn Stewart of @likeablecocktails and Giuliana Pe Benito, Global Culture Manager for World Class and Tanqueray, was hosted by Gillian Cook, Global Head of Culture for Diageo Luxury. Together, they looked at the unique solutions today’s content creators bring to the challenges in luxury brand building and reaching audiences in the digital age.

NOTES TO EDITORS
For more information, please contact worldclass@thestory.co.uk

ABOUT KEEGAN MCGREGOR
Born and raised in Halifax, Nova Scotia, Keegan fell in love with hospitality while touring Canada, after studying Classical music in New Brunswick.

Keegan has the simple goal of always making sure his customers have a warm welcome – feeling like they’ve been invited into his house for a kitchen party and have the right drink in hand. He continuously strives to help grow the pub-dominated market by educating his customers and peers, and bringing more attention to the world of spirits. This year was Keegan’s third time competing in World Class Canada.

ABOUT WORLD CLASS
World Class is on a mission to inspire people to drink better and create unforgettable experiences in the process. Whether at home or in a bar, World Class encourages consumers to think and care about what, where and how they drink, and in doing so, discover the best of cocktail culture.

World Class has supported, trained and inspired over 400,000 bartenders across the globe for the past fifteen years, while partnering them with the world’s finest spirits. World Class is the authority on the global drinks industry for information on the latest drinks, trends, cocktail recipes and industry insight.

ABOUT WORLD CLASS INDUSTRY FORUM
World Class is a global gathering of the world’s most respected and celebrated talent, and through the World Class Industry Forum initiative, the conversations that spark creativity are nurtured. The Industry Forum is providing a platform that unifies the community and encourages leading voices to share insights, discuss impact and build a lasting legacy for those in the industry. From the introduction of technology infused mixology to vibe architecture, the art of curating an emotional connection for guests, the community remains committed to transforming cocktail culture and delivering next level experiences for each and every cocktail lover. This year’s World Class Industry Forum also saw a brand-new one-on-one mentorship programme introduced, offering the finalists the opportunity to receive dedicated time and bespoke guidance from some of the industry’s world-leading talent, including the World Class Hall of Fame.

ABOUT DIAGEO
Diageo is a global leader in beverage alcohol with an outstanding collection of brands across spirits and beer categories. These brands include Mortlach, Johnnie Walker, Crown Royal, J&B and Buchanan’s whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness. Diageo is a global company, and our products are sold in more than 180 countries around the world. The company is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO). For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com. Visit Diageo’s global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice. Celebrating life, every day, everywhere.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/5302bd3b-3121-4749-99a0-d84cd2c29e3c
https://www.globenewswire.com/NewsRoom/AttachmentNg/bb19c4c7-6bed-4a57-8899-d93b778cba83
https://www.globenewswire.com/NewsRoom/AttachmentNg/1a0c8e48-d3c5-4f97-b664-7f1111d36491

GlobeNewswire Distribution ID 1000991554

Bitget Acquired 1.7M Users in August, Monthly Report Highlights

Bitget Acquired 1.7M Users in August, Monthly Report Highlights
Bitget Acquired 1.7M Users in August, Monthly Report Highlights

Bitget Acquired 1.7M Users in August, Monthly Report Highlights

VICTORIA, Seychelles, Sept. 11, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company has shared its August 2024 transparency report highlighting significant growth, adding 1.72 million users despite challenging market conditions. The cryptomarket saw sharp declines, with Bitcoin falling below $50,000, but Bitget remained resilient by integrating new features and advancing strategic initiatives.

A key highlight was the integration of Apple Pay and Google Pay, allowing users to convert fiat to crypto. This enabled Bitget’s on-ramp capabilities, making it easier for users to buy and trade cryptocurrencies globally, supporting over 140 fiat currencies and 100+ cryptocurrencies.

Bitget appointed Hon Ng as Chief Legal Officer, reinforcing its focus on compliance and regulatory engagement. With over 20 years of experience, Ng now leads efforts to expand in new markets and strengthen regulatory dialogues worldwide for Bitget. This appointment aligns with the company’s goal of advancing crypto adoption through strong compliance.

In August, Bitget’s platform showed impressive growth, offering 800 tokens and 900 spot trading pairs, with daily trading volumes of $400 million in spot markets and $7 billion in futures. The platform’s protection fund remains strong at $400 million, ensuring user security.

“Bitget’s constant innovation and advancements in security has made it one of the fastest growing exchanges. Adding over a million users consistently month-over-month has been a huge achievement for us and also shows the increasing participation in crypto from a wider audience,” says Gracy Chen, CEO at Bitget.

The introduction of new products, such as the Bitget Booster Platform, was also launched to connect crypto influencers with projects, offering content creators generous commission rewards. Additionally, the launch of P2P Shield strengthened security for peer-to-peer transactions, protecting users from fraud.

Bitget also achieved ISO 27001:2022 certification,showcasing its commitment to maintaining the highest standards of information security. As the platform expands, these developments keep Bitget strong as a leader in the crypto industry while ensuring user security and asset protection.

The platform currently boasts 185,000+ pro traders and over 840,000 copy trading followers, leading to more than 90 million successful trades. Profits from these trades have resulted in over $500 million in gains, with $23 million shared by elite traders.

On Bitget Wallet side, the decentralized wallet from Bitget’s ecosystem introduced an MPC wallet with Telegram log-in, simplifying Web3 access by allowing users to create keyless wallets through their Telegram accounts. This innovation enhances security and usability, complemented by a new Telegram trading bot that offers real-time market updates and facilitates meme coin trading. Additionally, Bitget Wallet has integrated token lists from Four.Meme and Sun Pump for TRON and BNB Chain memecoins, upgraded transaction features, and pledged 2 million $TRX to subsidize gas fees, making trading faster, cheaper, and more user-friendly.

For more in-depth insights, visit Bitget’s August Transparency Report.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice. For more information, see our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a615fb6-94c8-43bc-bb88-3b06a60d5bcc

GlobeNewswire Distribution ID 1000991293

A new report from the Access to Medicine Foundation reveals how patient-focused pharma companies’ access efforts are

AMSTERDAM, Sept. 10, 2024 (GLOBE NEWSWIRE) — The latest report from the Access to Medicine Foundation takes a first-ever look at the critical issue of how some of the largest pharmaceutical companies are reaching patients worldwide, especially in low- and middle-income countries (LMICs).

Ahead of the 2024 Access to Medicine Index, the Foundation examined the patient reach commitments and measurement approaches of the 20 companies that will be ranked in the upcoming Index in November. The analysis identified 42 unique approaches to measuring patient reach, each with varying degrees of comprehensiveness. Companies like AstraZeneca, Novartis, and Roche are leading the way with more nuanced approaches that go beyond simply tracking sales, enhancing the accuracy of their patient reach calculations. The report also emphasises that while many companies have set ambitious goals for reaching more patients in LMICs, these commitments could benefit from further refinement in order to drive real change.

What does the report find?

Encouragingly, 19 of the 20 companies assessed have reported using approaches to track the patients they reach with their essential medicines in LMICs, with the exception of AbbVie. However, these approaches vary widely.

Notably, many pharmaceutical companies set ambitious goals and make public commitments to expand their global patient reach, particularly in LMICs. A few of these commitments, including those set by Bayer, GSK and Johnson & Johnson, are clear, measurable and ambitious, with targets aligned with high global disease burdens.

However, findings also reveal significant potential for companies to refine their commitments and better their efforts to reach those in need. For example, the major insulin manufacturers—Eli Lilly, Novo Nordisk, and Sanofi—control over 90% of the market share and have pledged to expand access to their products in LMICs. Yet, their commitments collectively address only 1% of the diabetes prevalence within the 113 LMICs in the scope of the Index, which currently stands at over 350 million cases out of the global 525 million cases, according to Global Burden of Disease data from 2021.

“We have seen that the pharmaceutical industry is making ambitious commitments to reach more patients worldwide. However, this report reveals that there is still much work to be done in achieving meaningful impact and calls for urgent steps to ensure lifesaving products reach every patient, everywhere.”

– Jayasree K. Iyer, CEO, Access to Medicine Foundation.

Next steps

To address chronic health inequity, the pharma industry and its partners must embed patient reach at the core of their business and partnerships. Using the key findings and recommendations identified in the Foundation’s report, companies can strengthen and expand their current approaches, as well as collaborate and learn from one another.

Contact: Divya Verma, Head of Communication

dverma@accesstomedicinefoundation.org / +31 (0) 20 215 3535

GlobeNewswire Distribution ID 1000990240

AI-Media and ITV Announce Landmark Partnership to Revolutionize Captioning Services

LONDON, Sept. 10, 2024 (GLOBE NEWSWIRE) — AI-Media, the global leader in AI-powered captioning and translation services, is proud to announce a new partnership with ITV, the UK’s largest commercial broadcaster. This collaboration marks a significant step forward in the use of AI captioning technology to enhance accessibility and operational efficiency across ITV’s extensive broadcast network.

AI-Media and ITV Announce Landmark Partnership

David Padmore, Director of Accessibility for ITV, emphasised the importance of this partnership in advancing ITV’s commitment to adopting new technologies. “At ITV, we are constantly seeking innovative solutions to improve our services and meet the diverse needs of our audience. Working with AI-Media has allowed us to take advantage of cutting-edge AI to streamline our captioning workflows while maintaining the highest standards of accuracy and reliability.”

The partnership centres on the deployment of AI-Media’s LEXI live automatic captioning solution, which integrates seamlessly with ITV’s existing infrastructure. The collaborative effort between AI-Media and ITV has resulted in a technology architecture tailored to the broadcaster’s complex requirements, including its 18 regional news variants. The solution will utilise AI Media’s SDI Encoder Pro Cards to deliver LEXI captioning as VANC embedded data into ITV’s existing architecture and will be operated by ITV’s expert Access Services team. AI Media’s Alta product will also be used for ITVX and other IP video workflows.

Traditionally, ITV’s regional news captioning involved a manual workflow with significant staffing requirements. The shift to automation through AI-Media’s LEXI is expected to dramatically impact resourcing, leading to significant efficiencies and cost reductions. The automation of workflows allows ITV to provide more captions, enhancing accessibility for its viewers. Additionally, the LEXI system’s increased reliability and reduced latency are expected to improve the overall quality of service.

The implementation of AI-Media’s automated workflows was straightforward, causing no disruptions to ITV’s playout solutions. This flexibility around playout has been a considerable advantage, enabling a smooth transition to the new system.

ITV’s captioning team will continue to play a crucial role in developing bespoke topic models, ensuring the highest level of accuracy and relevance in captions. The move to automated workflows allows ITV to offer more regional news captions, ultimately benefiting a broader audience.

“ITV chose AI-Media because of our robust infrastructure and the ability to deploy LEXI in complex broadcast environments. Our experience in delivering captions in highly regulated markets and our strong relationships with regulatory bodies like Ofcom, ACMA, and FCC were significant factors in their decision,” said John Peck, VP of International Sales at AI-Media. “This partnership not only enhances ITV’s operational efficiency but also confirms their position as forward-thinking innovators in the European access services community.”

ITV’s collaboration with AI-Media highlights its dedication to enhancing viewer experience through advanced technology and underscores its role as a leader in accessibility and innovation.

For more information about ITV: https://www.itvplc.com/

For more information about AI-Media: https://www.ai-media.tv/

Book a Meeting or Demo with the AI-Media Team at IBC: IBC Show 2024 (ai-media.tv)

About AI-Media

Founded in Australia in 2003, AI-Media is a pioneering technology company specialising in AI language and captioning workflow solutions.

As a global leader, AI-Media provides high-quality AI-powered live and recorded captioning and translation technology and solutions to a diverse range of customers and markets worldwide.

For the first time in February 2024, AI-Media unveiled groundbreaking data showcasing the superiority of its AI captioning product, LEXI, over traditional more expensive human workflows.

With deep industry experience and sophisticated AI technology to create solutions which streamline and simplify processes, AI-Media empowers leading broadcasters, enterprises and government agencies globally to ensure seamless accessibility and inclusivity of their content.

AI-Media (ASX: AIM) commenced trading on the ASX on 15 September 2020.

About ITV

ITV is the largest commercial broadcaster and streamer in the UK. ITV’s Access Services team works in-house and supplies subtitles and audio description for all of ITV’s live and recorded programming, as well as providing services commercially to external customers.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/65c715b7-d314-40be-9239-4f14480e764d

Media Contact: Fiona Habben – Fiona.habben@ai-media.tv

GlobeNewswire Distribution ID 9228014

Regulated Online Casinos using Military-Grade Technology to Outsmart Cyber Criminals

WATERFORD, Ireland, Sept. 10, 2024 (GLOBE NEWSWIRE) — With cybercrime running rampant and data breaches on the rise, trusted online casinos globally are arming themselves with the latest military-grade encryption technologies to outsmart even the most sophisticated cyber thugs.

Minimum Deposit Casinos (MDC) – a leading global casino resource portal – said data breaches were becoming more common and costly as resourceful criminals lurk everywhere on the internet. For the gambling industry, data encryption goes beyond protecting financial transactions: it’s about securing every interaction – from logins to game history. Every piece of player information is encrypted, making it virtually impossible for unauthorized parties to access.

“Regulated and reputable online casinos cannot afford to gamble on security. Player safety and protection is a non-negotiable. That’s why they are investing heavily in multi-layered next gen encryption – the same technology used by governments and global financial institutions – to become impenetrable to digital threats,” said Miranda Raaff, Head of iGaming Information at MDC.

“This level of high-tech security means that even in the event of a possible data breach, encrypted information remains unreadable and useless to cybercriminals. The integration of state-of-the-art firewalls, end-to-end encryption, and real-time monitoring systems means online casinos are safeguarding every transaction from deposits to withdrawals, as well as securing every player interaction in transit.”

The urgency of this move has never been more critical. With high-profile breaches like those at energy giant Halliburton, data broker company National Public Data (NPD), and auto giant Toyota – billions of individuals’ sensitive information could be exposed.

“The stakes have never been higher. The mission of regulated online casinos is to outsmart cyber hooligans at every turn and that’s why they are constantly adapting their defenses to combat new threats in the fast-changing cyber world. Player trust is the cornerstone of their success, so they are doing everything in their power to protect it,” concluded Raaff.

About Minimum Deposit Casinos

Minimum Deposit Casinos, a division of the OneTwenty Group, is a global iGaming resource portal that reviews and recommends the most trusted and reliable online casinos to players. MDC analyses every aspect of online casinos from checking gaming license details, to security, responsible gambling tools, and fair gaming practices, before recommending them to players.

Website – https://www.minimumdepositcasinos.org/

Contact Email: miranda@onetwentygroup.com


GlobeNewswire Distribution ID 1000990937

Bitget TraderPro Season 3 Features Demo to Live Trading With up to $10,000 Funding Support Per User

VICTORIA, Seychelles, Sept. 10, 2024 (GLOBE NEWSWIRE) — Bitget, the world’s leading cryptocurrency exchange and Web3 company, has launched the third season of its popular trading competition called TraderPro program. After two successful seasons, TraderPro has established itself as a premier trading platform, consistently engaging users and receiving widespread positive feedback. Bitget TraderPro is a trading challenge designed to offer both learning and real-world trading opportunities.

Bitget

Bitget TraderPro Season 3 Features Demo to Live Trading With up to $10,000 Funding Support Per User

Participants begin by trading with a demo account, which allows them to experiment and practice without any financial risk. Once they reach specific milestones, they graduate to live trading, where Bitget provides funding support for the chance to enjoy the thrill of making real profits. It’s an ideal combination of learning and competition as traders are given the chance to refine their strategies and aim for top rewards.

After completing the demo challenge, participants advance to live trading with Bitget’s 1:1 funding support. Qualified traders can create sub-accounts for elite trading and become TraderPro elite traders. Bitget will match their investment (from 1000 to 5000 USDT), enabling them to take larger positions on all trading pairs. With this support, traders can aim for higher profits while minimizing personal risk. Maximum leverage remains capped at 20X in Phase 2.

The theme for this season, TraderPro has set up “New Funding Power-Up to $10,000 & MEME Coin Challenge,” helping crypto users practice trading and be incentivized for their efforts. The competition phase will run for around thirty days from 9th September to October, 2024, with ambitious targets set to drive user participation and engagement. Through the program, it aims to convert 500 participants into Bitget elite traders, further strengthening its VIP trading community.

To ensure transparency and build trust, Bitget will provide daily trading performance reports, offering real-time updates on the competition’s progress and outcomes. This feature is aimed at keeping participants informed and engaged throughout the event.

Building on the success of previous seasons, which saw a 107% increase in participants and a 73% rise in referrals from Season 1 to Season 2, Bitget is committed to further elevating TraderPro’s status within the trading community. The introduction of comprehensive promotional strategies, including collaborations with key opinion leaders (KOLs) and community engagement plans, shows Bitget’s dedication to maintaining its position as a leader in the industry.

In conclusion, TraderPro Season 3 is set to be an exciting and rewarding experience for both novice and experienced traders. With the potential to win up to $10,000 in funding rewards, participants are encouraged to register early and take full advantage of the program’s offerings.

For more information on TraderPro, please visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice. For more information, see our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ea93857c-a4b2-49a5-9296-7f65eae72d43


GlobeNewswire Distribution ID 1000990918

The Next Step in the Evolution of the Dormer Pramet Brand

Certainty at Every Turn

Our new brand promise underscores our dedication to delivering reliable product performance and simple, easy experiences for our customers

CHICAGO, Sept. 09, 2024 (GLOBE NEWSWIRE) — Dormer Pramet is proud to announce the unveiling of our redefined brand identity at IMTS 2024, marking the beginning of a new era for our company. Visitors to our booth will experience first-hand the fresh visual identity and innovative products that reflect our commitment to simplifying messages and enhancing user experiences.

Certainty at Every Turn: Our new brand promise underscores our dedication to delivering reliable product performance and simple, easy experiences for our customers. This theme resonates through our entire repositioning effort, ensuring that every interaction with Dormer Pramet is dependable and trustworthy.

Key Highlights of the New Brand Identity:

  • Unified Global Master Brand: Dormer and Pramet brands are now united under the global master brand, Dormer Pramet, to create a clearly defined space in the market, simplifying product groupings and enhancing customer value. Miranda and Precision will remain within the Dormer Pramet’s portfolio as national hero brands.
  • New Visual Identity: Our updated corporate identity, includes a refreshed visual style that will be rolled out across our website, packaging, and various touchpoints.
  • New packaging: Starting January 2025, all packaging will transition to grey, with our new brand identity. By making our packaging grey, it means that it can be more easily recycled at the end of life.
  • Our commitment: Reflecting our core values, we are dedicated to being collaboratively curious, activating ideas, doing the right thing, and going the extra mile for our customers.

At Dormer Pramet, we care deeply about the manufacturing community. This dedication to supporting our growth and resilience is embedded in our brand values and is reflected in our commitments.

Visitors at IMTS 2024 Can Expect:

  • Innovative Product Displays: Experience our latest cutting tools and solutions designed to improve performance and reduce operational costs.
  • Interactive Demonstrations: Engage with our experts to understand how our products and solutions can benefit your specific applications.
  • Storytelling and Engagement: Learn about our brand values and behaviors through powerful storytelling that highlights our dedication to collaboration, innovation, and customer success.

During this new era of Dormer Pramet we are focused on delivering certainty to our customers. We want customers to be certain they will get a quality tool, certain they can get the information they need quickly, and certain that we will be there for them to find a solution to their tooling problem.

About Dormer Pramet:
Dormer Pramet is a global manufacturer and supplier of tools for the metal cutting industry. It is a part of the Sandvik Group, a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining, and infrastructure industries. Dormer Pramet’s comprehensive product program encompasses both rotary and indexable drilling, milling, threading, and turning tools for use in a wide variety of production environments. An extensive sales and technical support service operates from 20 offices, serving more than 100 markets worldwide. These are assisted by dedicated production facilities in Europe, Americas and Asia, along with an advanced distribution and logistics network.

For media inquiries, reach out to the email address communications@dormerpramet.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ab6fb091-001f-428b-9f39-6d42a37f0ff8

GlobeNewswire Distribution ID 9226609

Quantexa Launches Global Public Sector Business Unit to Help Government Agencies and Departments Breakdown Data Silos, Harness AI, and Use Automation to Drive Efficiency

Growing roster of government clients now includes U.S. Special Operations Command, Belgium Federal Public Service Finance, UK Cabinet Office, Public Sector Fraud Authority, Mersey Care NHS Trust, and Service NSW Australia

West Point graduate and tech industry veteran, Frank Ignazzitto, joins Quantexa’s group of regional executives to lead U.S. Public Sector efforts

Company continues to strengthen ecosystem partnerships with Microsoft, Databricks, AWS globally and a growing set of specialized consulting and delivery partners

NEW YORK and LONDON, Sept. 09, 2024 (GLOBE NEWSWIRE) — Quantexa, the global leader in Decision Intelligence solutions, today announced it is forming Quantexa Public Sector, a new global business unit dedicated to empowering public sector agencies around the world to transform government services with AI, automation and trusted data. Quantexa is rapidly building a track record of success in the public sector, helping agencies and departments use their cutting-edge Decision Intelligence Platform to better protect and serve more communities while maximizing operational efficiencies.

Quantexa’s achievements in the public sector are being recognized as the company was named one of the top vendors in the inaugural Chartis RiskTechAI 50 2024 ranking and research report. The Chartis RiskTechAI 50 Report ranks global AI solutions in risk technology and has acknowledged Quantexa’s ability to use AI for specialized applications in tax fraud detection and government use cases. In the report, Quantexa technology has been commended in two categories: “Advanced tax fraud capabilities” and “AI for government applications.

This recognition underlines Quantexa’s industry leading expertise in leveraging AI for specialized applications in tax fraud detection and government use cases.

An expanding portfolio of government clients seeing the benefit of Quantexa’s technology
Earlier today, Quantexa announced that it has signed its first contract with the U.S. federal government through a new deal with the U.S. Special Operations Command (USSOCOM). USSOCOM will deploy Quantexa News Intelligence (QNI), an AI-enabled SaaS solution that provides real-time insights from global news data, to identify and monitor emerging risks and aid in making mission-critical decisions.

This contract comes on the heels of QNI achieving “Awardable” status through the Tradewinds Solutions Marketplace, the Department of Defense’s suite of tools and services designed to accelerate the procurement and adoption of AI/machine learning, data, and analytics capabilities.

USSOCOM is the latest addition to a growing roster of government agencies turning to Quantexa’s Decision Intelligence Platform and solutions to help solve data management, governance, and quality challenges. Other clients include UK’s Cabinet Office, Mersey Care NHS Trust, Service NSW Australia, and Belgium Federal Public Service Finance.

Quantexa public sector clients see success and cost savings achieved across a range of use case scenarios including stopping fraud occurring in tax, grants, and benefits programs, driving more efficient and effective financial crime and criminal investigations, facilitating the safe and secure movement of people and goods across borders, enriching intelligence operations, and proactive patient care efforts within national health programs.

Craig Martin, Fraud Analytics Lead & Head of Programme, U.K. Cabinet Office, said: “Quantexa has helped us narrow in on the right type of fraud – and the right type of fraud technologies – to surface networks of interest that we deem to be very high risk. With the network analytics and entity resolution capabilities that Quantexa provides, we’re not only seeing evidence of opportunistic fraud, but also organized fraud.”1

Meeting public sector demand for data and AI initiatives
Quantexa’s increasing commitment to the public sector comes on the heels of the rapid adoption of AI across government agencies. According to Gartner®, “Global AI software spending in the government market is set to increase 18.0% in 2024 to $41.6 billion and reach $70.6 billion by 2027, with a five-year CAGR of 18.7%. Technology and service providers can use this presentation to support government planning activities for 2024 and beyond.”2 Gartner also predicts that, “By 2025, 95% of decisions that currently use data will be at least partially automated.”2

Empowering investigative teams and healthcare professionals with critical capabilities such as entity resolution and knowledge graph technologies enables them to cleanse, enrich, match, and understand data by connecting siloed sources and visualizing complex relationships in real-world context. The result is the ability to support multiple use cases from one platform that provides exceptional data accuracy, far better-performing AI models, and effective Gen AI, with intuitive user experiences that improves the ability to collaborate and drives greater effectiveness and efficiency of agency resources.

Quantexa Public Sector is led by current senior executives, with recent of appointment of West Point graduate and tech industry veteran Frank Ignazzitto to run the U.S. Public Sector team.

Vishal Marria, Quantexa Founder and CEO, said: “Today, agencies are increasingly turning to AI to break down data silos and drive better quality insights through augmented and automated decision-making. In turn, nations, especially the U.S., are increasing federal spending on AI across professional, scientific, and technical services and defense projects.3 Since our inception, our teams have demonstrated proficiency in helping public sector clients in enhancing productivity, modernizing outdated systems and services, and ensuring the safety and security of citizens. With the formation of our dedicated business unit, we are putting an increased focus on building strong client relations by providing specialized expertise in each region, dedicated customer support, and tailored product innovation that address the specific challenges of government agencies.”

Building a high-impact partner ecosystem
Quantexa is committed to building a high-impact partner ecosystem to support the unique challenges public sector agencies face, including the need for scalable solutions that work with existing IT infrastructure. Composed of partners who bring specialized expertise across secure compute, cloud computing adoption, cybersecurity, and managed offerings, Quantexa works with its trusted industry partners to provide unmatched consulting and technology delivery that enhances operational efficiency, champions innovation, and enables agencies to provide better services to the public they serve.

  • Technology Partners: AWS, Databricks, Google, Microsoft
  • Delivery and Consulting Partners: Accenture, Akira Technologies, Brillient Corporation, Capgemini, Deloitte, DXC Technology, IBM, KPMG, PWC, ST Engineering

Quantexa’s Decision Intelligence Platform and solutions are available to government agencies directly through Quantexa or through an expanding set of global contract vehicles and technology marketplaces.

Government agencies interested in learning more about how Quantexa can help should visit: https://www.quantexa.com/industries/public-sector/

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Quantexa

Quantexa is a global AI, data and analytics software company pioneering Decision Intelligence to empower organizations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa’s Decision Intelligence platform helps organizations uncover hidden risk and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. It solves major challenges across data management, customer intelligence, KYC, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. An independently commissioned Forrester TEI study on Quantexa’s Decision Intelligence Platform found that customers saw a three-year 228% ROI. Founded in 2016, Quantexa now has more than 750 employees and thousands of platform users working with billions of transactions and data points across the world.

Media Enquiries
C: Emma Hedges, Fight or Flight
E: Quantexa@fightorflight.com
OR
C: Adam Jaffe, SVP of Corporate Marketing
T : +1 609 502 6889
E : adamjaffe@quantexa.com


1 Quantexa, “U.K Cabinet Office Is Making Gains in the Fight Against Covid-19 Fraud Using Cutting-Edge Technology
2 Gartner, Top Trend in Government: AI for Decision Intelligence, Ben Kaner, Daniel Snyder, Dean Lacheca, 18 June 2024 (Report accessible to only Gartner Subscribers)
3 Brookings, “The evolution of artificial intelligence (AI) spending by the U.S. government,” Jacob LarsonJames S. DenfordGregory S. Dawson, and Kevin C. Desouza, 26 March 2024

GlobeNewswire Distribution ID 1000990785