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QuickLogic Set to Join Russell 3000® Index

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SAN JOSE, Calif., May 29, 2024 /PRNewswire/ — QuickLogic Corporation (NASDAQ: QUIK) (“QuickLogic” or the “Company”), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced that it is set to join the broad-market Russell 3000® Index. This inclusion will occur at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st. The announcement follows the preliminary list of additions that was posted Friday, May 24th.

The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.

“Inclusion in the Russell 3000® Index is welcomed recognition of QuickLogic’s growth and financial performance driven by our successful strategic transformation with the launch of our eFPGA IP business model in 2020,” said Brian Faith, CEO of QuickLogic. “We remain extremely focused on executing on our strategy and look forward to introducing QuickLogic to a broader segment of the investment community through our inclusion in this prominent index.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of December 2023, about $10.5 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, a prominent global index provider.

Fiona Bassett, CEO of FTSE Russell, An LSEG Business, commented “Russell indexes–now in their 40th year–continue to evolve to reflect the dynamic US economy. Annual rebalancing plays a vital role in establishing accurate benchmarks, ensuring they correctly mirror their designated market segments and remain unbiased in terms of size and style.”

For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

About FTSE Russell:
FTSE Russell is a leading global provider of benchmarking, analytics, and data solutions for investors, giving them a precise view of the market relevant to their investment process. A comprehensive range of reliable and accurate indexes provides investors worldwide with the tools they require to measure and benchmark markets across asset classes, styles, or strategies.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products, and index-based derivatives.

FTSE Russell is focused on applying the highest industry standards in index design and governance, employing transparent rules-based methodology informed by independent committees of leading market participants. FTSE Russell fully embraces the IOSCO Principles, and its Statement of Compliance has received independent assurance. Index innovation is driven by client needs and customer partnerships, allowing FTSE Russell to continually enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by London Stock Exchange Group.

For more information, visit https://www.lseg.com/en/ftse-russell

About QuickLogic
QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company that develops innovative embedded FPGA (eFPGA) IP, discrete FPGAs, and FPGA SoCs for a variety of industrial, aerospace and defense, edge and endpoint AI, consumer, and computing applications. Our wholly-owned subsidiary, SensiML Corporation, completes the end-to-end solution portfolio with AI / ML software that accelerates AI at the edge/endpoint. For more information, visit quicklogic.com.

QuickLogic and logo are registered trademarks of QuickLogic. All other trademarks are the property of their respective holders and should be treated as such.

 

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SOURCE QuickLogic Corporation

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Ottocast Introduces New-Gen Android Car Box NanoAI, Anchors New Era of Vehicle Intelligence

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HONG KONG, May 4, 2025 /PRNewswire/ — Ottocast, a leading provider of aftermarket connectivity solutions for cars and smartphones, has proudly announced the launch of the new-generation Android car box NanoAI, integrating AI emotive display, voice assistant, CloudSIM and the Android 13 system to provide users with brand-new AI-enabled in-vehicle experience through upgraded intelligent solutions.

NanoAI is equipped with the elite-performance Qualcomm Snapdragon 680 chip, and the basic edition has a memory configuration of 8GB and 128GB. With the Android 13 system and CloudSIM, it can connect to the internet without Wi-Fi, hotspot or a physical SIM card. It also supports seamless switching of CarPlay, Android Auto and OttoDrive 2.5, providing more personalization options and full application access.

The interactive 1.83-inch AI screen responds to voice commands to ensure safer driving, and the AI-powered Co-Pilot makes conversations smoother and smarter. The enhanced control unlocks more apps and features beyond standard CarPlay or Android Auto, and users can customize the system for a tailored experience and stream videos, browse the web, or use non-native apps directly on the display.

“Nano is our answer to the future of smart cockpits. It represents not only a product upgrade, but also Ottocast’s new vision and thinking on the integration of user experience and AI,” said Hery Zeng, deputy director of Ottocast product development center.

NanoAI’s wireless connection simplifies smartphone interaction with the vehicle, while its plug-and-play installation ensures a clean setup without messy cables. Additionally, it enhances safety with GPS tracking and security features.

“The AI emotive display and voice control completely changes the way users communicate with the vehicles, in that it’s no longer an ice-cold piece of equipment, but more like a partner sitting at the co-pilot,” said Sophia Chang, CEO of Ottocast.

As Ottocast’s most forward-looking product, NanoAI not only is a major leap for Ottocast’s AI-enabled in-vehicle experience, but also represents the company’s entry into the smart AI cockpit sector and a turning point to shift the product strategy from “car adapter” to “intelligent car computing terminal,” lowering the threshold for smart cockpit upgrades and promoting the transition of the aftermarket to high value-added products.

Looking ahead, Ottocast will continue to expand its product line with commitment to further redefining the future of in-vehicle lifestyle through continuous innovation, turning the automobile into a true “third space.”

For more details, please visit www.ottocast.com

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SOURCE OTTOCAST CORPORATION LTD

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EAI Community Unveils Interactive Client Portal Under the Leadership of Quentin Mitchell

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EAI Community, guided by founder Quentin Mitchell, has launched a cutting-edge interactive client portal designed to provide users with a more personalized and engaging experience. The portal offers real-time updates, improved support features, and streamlined account management tools to enhance overall user satisfaction.

OAKLAND, Calif., May 4, 2025 /PRNewswire-PRWeb/ — EAI Community is proud to announce the launch of its new interactive client portal, an innovative platform designed to provide users with an enhanced, personalized experience. This new portal offers users seamless access to a range of tools and services, including real-time updates, account management features, and direct customer support, all in one place.

The interactive portal has been designed with user engagement in mind, offering a streamlined interface that makes it easier for clients to manage their accounts, track important data, and resolve issues quickly. With its user-friendly design, the portal ensures that clients have all the resources they need at their fingertips, with fewer steps required to access critical information.

“We are thrilled to introduce our new client portal,” said Quentin Mitchell, founder of EAI Community. “This launch reflects our commitment to delivering a more efficient and user-friendly platform. By empowering our clients with easy access to real-time data and direct support, we aim to enhance their experience and ensure they are able to achieve their goals with greater ease.”

The new portal features several key improvements over the previous system, including:

Real-Time Updates: Clients can now track changes to their accounts instantly, staying up-to-date with the latest activity and information.

Enhanced Account Management: Users have streamlined access to account settings, transaction history, and key financial data, allowing for quicker adjustments and better decision-making.

Personalized Support: The portal includes a direct support feature, offering users the ability to quickly connect with customer service representatives for immediate assistance.

Interactive Features: Clients can engage with interactive tools designed to help them better understand their account activity, financial health, and available services.

The interactive portal is also designed to integrate with various mobile devices, ensuring that clients can access the platform from anywhere, at any time, for a truly flexible and connected experience.

“As we continue to grow and innovate, we want to ensure that our clients have the best possible experience when interacting with our services,” Mitchell added. “This portal represents a major step in that direction, providing our clients with the tools they need to manage their accounts and access support, all in a single, convenient location.”

EAI Community’s new interactive portal is now available to all users, with no additional fees required to access the enhanced features. The company is committed to continually improving its platform, with plans to add more functionality and support tools in the future.

About EAI Community:

EAI Community is a leading provider of user-focused solutions designed to improve customer experience and enhance account management. The platform is dedicated to delivering efficient, personalized services and providing users with the tools they need to manage their accounts and achieve their financial goals.

Media Contact

Ella Richardson, EAI Community, 1 209-903-1711, service@eai-ai.com, https://eai-ai.com/

View original content to download multimedia:https://www.prweb.com/releases/eai-community-unveils-interactive-client-portal-under-the-leadership-of-quentin-mitchell-302444874.html

SOURCE EAI Community

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AstraX Exchange Unveils Smart Mobile Suite for Digital Asset Traders

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AstraX Exchange introduces a redesigned mobile trading platform featuring biometric login, customizable dashboards, real-time alerts, and advanced execution tools for digital asset investors worldwide.

NEW YORK, May 4, 2025 /PRNewswire-PRWeb/ — AstraX Exchange has officially launched its Smart Mobile Suite, a newly engineered mobile trading solution designed to meet the evolving needs of digital asset traders. The platform overhaul introduces enterprise-level security, dynamic interface controls, and intelligent trading features, solidifying AstraX’s commitment to delivering a professional-grade experience on mobile devices.

At the core of the Smart Mobile Suite is a security-first architecture that now includes biometric login options such as fingerprint and facial recognition. These features are supported by encrypted session management and fraud detection protocols, ensuring that account access and transaction execution remain secure even in high-risk environments.

To address the demands of modern crypto investors, the new mobile suite includes a fully customizable dashboard where users can monitor preferred trading pairs, set personalized alerts for price fluctuations, and analyze historical charts with technical indicators. The mobile application also supports instant buy/sell orders, asset transfer between wallets, and one-click access to market news—all from a compact and intuitive interface.

AstraX Exchange’s upgraded mobile infrastructure was built to perform under pressure, with improved load speeds, low-latency data feeds, and optimized navigation for high-frequency decision-making. This performance boost ensures that traders can execute positions efficiently, regardless of market volatility or network conditions.

“The Smart Mobile Suite was developed for users who demand the same level of power and precision from their mobile experience as they do from desktop platforms,” said a product development lead at AstraX Exchange. “It represents not only a technical evolution but a strategic investment in user mobility, autonomy, and global accessibility.”

In addition to its technical enhancements, the suite introduces a new multilingual mode that aligns with AstraX’s localization strategy. Traders can now interact with the platform in more than ten languages, including English, Spanish, Portuguese, Mandarin, Korean, and Arabic—helping broaden its appeal across diverse regions.

The mobile suite also features seamless integration with AstraX’s security protocols, including Two-Factor Authentication (2FA), withdrawal whitelist settings, and smart monitoring of trading behaviors for anomaly detection. This holistic approach strengthens user confidence while preserving ease of use.

Educational tools are embedded directly into the mobile app, including interactive walkthroughs, a knowledge hub, and video tutorials tailored to user levels. These resources are aimed at helping newer users build confidence while also offering professional insights for advanced traders.

The release of the Smart Mobile Suite comes as part of a larger product roadmap aimed at scaling AstraX’s infrastructure globally. In the coming months, AstraX plans to introduce in-app staking, referral analytics, and API key management directly within the mobile platform to support power users and developers alike.

By unveiling the Smart Mobile Suite, AstraX Exchange reinforces its vision of creating a secure, intelligent, and user-centric environment for digital asset engagement—anytime, anywhere.

For further details, visit https://astraxexchange.com/

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

Media Contact

Emily Johnson, AstraX, 1 347-922-3762, service@astraxexchange.com, https://astraxexchange.com/

View original content to download multimedia:https://www.prweb.com/releases/astrax-exchange-unveils-smart-mobile-suite-for-digital-asset-traders-302444914.html

SOURCE AstraX

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