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WIMI Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With MicroAlgo

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BEIJING, June 4, 2024 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that WiMi and MicroAlgo will jointly establish a micro-consciousness quantum research center. It will integrate physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology, and many other disciplines to form a comprehensive research institute based on various disciplines centered on consciousness.

Research in basic science is a long process that requires a long-term commitment from scientists. At the same time, it also requires the support and promotion from the society and enterprises. Against the backdrop, WiMi Hologram (NASDAQ: WIMI) and MicroAlgo (NASDAQ: MLGO) plan to establish a micro-consciousness quantum research center together, aiming to utilize the characteristics of quantum theory, combined with the most cutting-edge artificial intelligence technology, to study the relationship between consciousness and quantum. Continuously explore the deep science, to unify the quantum and human consciousness, and expand the limitations of science.

The micro-consciousness quantum research center builds a bridge between basic science and applied technology, closely connecting the theoretical research of basic science and the practice of applied technology. It not only focuses on basic science research, but also promotes a arrange of innovative technologies in practice, and actively facilitates the transfer from research results to practical applications. From the vision of globalization, the center will integrate the world’s top resources and gather talents from the world, and is committed to becoming an international innovation platform for quantum information science, artificial intelligence, neuroscience and biology, and to lead towards a future where artificial intelligence and quantum science will go hand in hand. The core research directions of the micro-consciousness quantum research center are as follows.

Quantum computing and consciousness model: Utilizing the principles and advantages of quantum computing to research the nature of the conscious phenomenon. Build a quantum algorithm to simulate the dynamic behavior of neuronal networks and the brain’s activities in cognition, perception, and decision-making. The goal is to develop quantum models of consciousness capable of performing highly complex tasks, which may include, but are not limited to, emotion recognition, creative thinking simulations, and quantitative analysis of states of consciousness.

Brain-computer interface technology: Exploring the theoretical framework and practice for the integration of consciousness and machine, researching and developing the next-generation intelligent interface. Develop high-precision quantum sensors for monitoring brain activities. At the same time, utilizing quantum encryption technology to ensure the security of data transmission during brain-computer interaction. In addition, explores the use of quantum computing processing capabilities to decode brain signals in real-time to achieve more efficient human-machine interaction, laying a solid foundation for future human-machine applications.

Big data AI and quantum consciousness: Simulating the working mechanism of the human brain, combining quantum computing with artificial intelligence to build a new generation of intelligent systems, creating a quantum-enhanced AI system, and unlocking the mysteries of consciousness and the quantum world. Promote the application of quantum computing in simulating brain functions and optimizing machine learning algorithms, and explore the use of quantum features to enhance the cognitive ability and creativity of AI, in a bid to develop a humanoid AI system based on quantum consciousness to open a new era of intelligence.

Quantum-driven generative consciousness: Explore the potential connection between the conscious phenomenon and the principles of quantum physics, understand the nature of consciousness at the quantum level, construct a cross-disciplinary technical theoretical system, and provide theoretical support for the development of consciousness science.

Micro-consciousness quantum research center establishes a deep alliance with top universities and research institutes in China based on mutual trust, and the modes of cooperation include joint research and development, building joint laboratories, building industrial institutes, building engineering experiment centers, and training talents together. Specifically, through the joint R&D project, scientific research resources can be shared, and the resource advantages of both sides can be pooled together to overcome the major scientific problems in the field of consciousness quantum science. Through the construction of joint laboratories and industrial institutes, theoretical research and practical teaching can be closely integrated to provide researchers with learning and research opportunities close to the frontiers of the industry. At the same time, accelerates the transfer from scientific research results to industrial applications. The joint construction of the engineering experiment center provides a platform for the development and testing of new technologies and accelerates the development of technology. The micro-consciousness quantum research center will bridge the gap between theoretical research and practical applications, and promote human society to step into a new era that is smarter, more virtual and more efficient.

About WIMI Hologram Cloud

WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements

This press release contains “forward-looking statements” within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company’s strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

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SOURCE WiMi Hologram Cloud Inc.

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Proven Business Leader & Impact Innovator Dorri McWhorter Named President & CEO of the Executives’ Club of Chicago

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CHICAGO, May 22, 2025 /PRNewswire/ — The Executives’ Club of Chicago is proud to announce the appointment of Dorri McWhorter as its new President & Chief Executive Officer, effective June 2, 2025. A celebrated thought leader and convener, McWhorter brings more than two decades of executive and finance experience in both corporate and nonprofit sectors to the leadership helm of the Exec Club as it looks to evolve and broaden its impact.

“Dorri is a visionary business leader with boundless creativity and an ability to operationalize ideas to deliver impactful results,” said Christine Schyvinck, Board Chair, Exec Club. “She is a tremendous talent, a true innovator, and a powerhouse of transformative thinking that this city needs — and deserves. We feel fortunate to have the opportunity to create the future of Exec Club with Dorri at the helm.”

McWhorter joins the Exec Club following her successful tenure as President and CEO of the YMCA of Metropolitan Chicago, where she led the organization through a significant transformation — increasing revenue by nearly 50%, building landmark partnerships with brands like Wilson Sporting Goods, Peloton, and the Chicago Sky, and championed the development of a groundbreaking community hub on Chicago’s West Side.

Previously, McWhorter served as CEO of the YWCA Metropolitan Chicago, where she evolved the organization into a 21st-century social enterprise, expanded its footprint with 10 new service locations, tripled its operating budget, and launched pioneering tools like a women’s empowerment exchange-traded fund (NYSE: WOMN). McWhorter spent the first portion of her career in the corporate sector, starting at Arthur Andersen, followed by leadership roles at Booz Allen, Snap-On Incorporated, and as a partner at Crowe LLP.

“The Exec Club is such a truly special and necessary platform to challenge, inspire, and activate leaders at all levels to address the complexities of modern business and shape a city and a world that works for all of us,” McWhorter said. “Chicago’s broad shoulders can lift up the ideas and innovation that change the world.”

A two-decade member of the Exec Club, McWhorter brings a deep understanding of its legacy and potential. Founded over a century ago, the Exec Club is a dynamic hub where leaders across industries come together to learn, connect, and grow. With strong financial reserves, an engaged membership, and a committed team, the organization is poised for continued innovation under McWhorter’s leadership.

 McWhorter’s appointment marks a significant milestone in the Club’s commitment to inclusivity, forward-thinking programming, and cross-sector collaboration. Her leadership will focus on energizing content, integrating modern cultural relevance, and empowering Chicago’s business leaders to embrace transformation and innovation.

McWhorter currently serves on the boards of several prominent companies and nonprofits, including LanzaTech Global, Lifeway Foods, NexPoint Capital, Skyway Concession Company (Chicago Skyway), William Blair Funds, Chicago Center for Arts and Technology, Chicago Council on Global Affairs, Civic Consulting Alliance and Hope Chicago. She holds a BBA from the University of Wisconsin-Madison, an MBA from Northwestern University’s Kellogg School of Management, and an honorary doctorate from Lake Forest College.

About The Exec Club

The Executives’ Club of Chicago is the city’s premier resource for connecting, developing, and growing best-in-class leaders to strengthen themselves and their organizations. The Executives’ Club of Chicago is where the relationships that build a better Chicago begin. This is where the future meets.  For more information about the nexus of Chicago business, visit www.executivesclub.org.

Media Contact:
Eva Penar, 312-283-2185
epenar@executivesclub.org

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SOURCE Executives’ Club of Chicago

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myNetWatchman Welcomes Madhura Belani as Chief Product Officer

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Belani to Drive Innovation in ATO Prevention and Enhanced Cybersecurity

SAVANNAH, Ga., May 22, 2025 /PRNewswire-PRWeb/ — myNetWatchman, a leader in real-time compromised credential monitoring and account takeover (ATO) prevention, is delighted to announce the appointment of Madhura Belani as Chief Product Officer. This strategic addition to the leadership team underscores myNetWatchman’s unwavering commitment to advancing cybersecurity solutions for digital businesses.

“The experience Madhura adds to our team will help us move faster and scale our efforts to protect businesses and their customers from ATO and other fraudulent events,” said David Montague, CEO of myNetWatchman.

Madhura is a seasoned executive with extensive leadership experience in payments, fraud prevention, and identity management. She has a proven track record of launching and scaling category-defining products, implementing successful go-to-market strategies, and forging strategic partnerships to drive sustainable growth.

Her career journey includes distinguished leadership roles at global giants such as PayPal and Visa, as well as dynamic startups like Speedpay, Offerpal, and Danal, providing her with the unique ability to thrive in organizations at various stages of product maturity.

During her tenure at Visa, Madhura led the development of Buy Now, Pay Later (BNPL) APIs, successfully launching a partner program across six countries and onboarding industry leaders. As the founding Chief Product Officer at Danal, she spearheaded the creation and scaling of a mobile identity product, a key achievement that paved the way for its acquisition by Boku. Prior to these roles, Belani held Product Management positions at Tapjoy and PayPal, further honing her expertise in product innovation.

“I’m thrilled to join myNetWatchman and contribute to its mission of enhancing cybersecurity and detecting and disrupting fraud,” Madhura said.

With Mahura’s leadership, myNetWatchman aims to further strengthen its position as a trusted partner for industries facing high ATO risks, such as travel, e-commerce, and financial services, empowering clients to stay ahead of bad actors through real-time intelligence.

“The experience Madhura adds to our team will help us move faster and scale our efforts to protect businesses and their customers from ATO and other fraudulent events,” said David Montague, CEO of myNetWatchman. “I’m really excited to have her as part of our executive staff and leading myNetWatchman’s product development.”

Madura holds an MBA from Duke University’s Fuqua School of Business and a Bachelor of Engineering in Electronics and Telecommunications from the College of Engineering Pune (COEP), Pune University, India.

About myNetWatchman

myNetWatchman provides real-time intelligence to help organizations detect cybersecurity threats, specializing in real-time monitoring of compromised credentials and bad actor behavior to prevent ATO and other fraudulent activities.

For more information, visit myNetWatchman.com.

Media Contact

Donald Bush, myNetWatchman, 1 2088679665, dbush@mynetwatchman.com, myNetWatchman 

LinkedIn

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Accomplished Attorney James R. Perkins Joins Dallas’ Caldwell Cassady & Curry, Boosting Firm’s Trial, Appellate Expertise

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DALLAS, May 22, 2025 /PRNewswire/ — The Dallas-based intellectual property and business litigation firm Caldwell Cassady & Curry has added experienced trial and appellate attorney James R. Perkins as Counsel.

For over a decade, clients have called on Mr. Perkins for representation in high-stakes patent lawsuits and related appeals throughout the U.S. He is licensed to practice law in Texas and Florida, in addition to three of the four Texas federal district courts, the Southern District of Florida, and the U.S. Court of Appeals for the Federal Circuit. He also represents companies before the International Trade Commission.

“James brings skill and determination to every case,” says Caldwell Cassady & Curry’s Jason Cassady. “He has won trials, post-trial motions, and appellate court arguments at every level.”

Mr. Perkins’ years of work in complex intellectual property and business lawsuits include cases involving fraudulent transfers, trademark and trade dress infringement, trade secret misappropriation, breach of contract, construction defects, false advertising, defamation, actions filed under the False Claims Act, antitrust claims, and many others.

Over the past 15 years, Mr. Perkins has helped clients score multiple multimillion-dollar verdicts, settlements, and defense victories, including one of the Top 100 Verdicts in the U.S.

Mr. Perkins earned his law degree from the Georgetown University Law Center after completing his undergraduate degree at Texas A&M University with individual recognition for outstanding academic achievement.

Caldwell Cassady & Curry represents companies and individuals in high-stakes civil litigation, including patent infringement cases, trade secrets lawsuits, fiduciary duty breaches, class actions, and disputes between company founders. The firm has tried and won some of the nation’s top verdicts against the largest companies in the world. Learn more: www.caldwellcc.com.

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SOURCE Caldwell Cassady & Curry

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