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XKL and Scatter Creek Partner to Deliver Advanced Broadband Services to Rural Communities

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Scatter Creek Deploys XKL’s Flexible Plug and Play Networking Solution and Achieves 40% OPEX Reduction

REDMOND, Wash., June 7, 2024 /PRNewswire/ — XKL, a solutions-based optical networking provider, is proud to announce the successful deployment of a high-capacity DWDM solution benefiting rural communities by Washington-based ISP Scatter Creek Infonet. Leveraging XKL’s right-sized strategy, advanced optical networking solutions and high-touch customer service, Scatter Creek’s newly enhanced network delivers operational simplicity and cost efficiencies while supporting end users and subscribers with reliable, rich connectivity.

Scatter Creek, after experiencing a significant increase in demand and exceeding the bandwidth of its existing equipment, needed an advanced, cost-efficient solution to expand capabilities while eliminating outage and downtime issues. Seeking a local team of accessible experts, Scatter Creek found XKL, who crafted a tailor-made proposal for a FOADM (Fixed Optical Add Drop Multiplexer) solution that offered previously untapped opportunities. Scatter Creek simplified network management while significantly reducing expenses through their greenfield DWDM network investment.

Scatter Creek now leverages a DWDM network solution complete with 100G/400G transport capabilities. XKL’s advanced network solutions technologically pave the way for reliable connectivity across surrounding rural communities, delivering flexibility for capacity expansion while offering optimized performance and reliability.

“As a smaller, rural ISP, we found that many commonly offered network solutions just didn’t suit our architecture. XKL really took the time to listen to our goals and draw on their expertise to show us a different way of proceeding,” notes Brian Van Mondfrans, IT Manager at Scatter Creek. “The end result of our collaboration with XKL is that we don’t need to pay for additional software or GUIs with unneeded features and associated subscription fees, and we weren’t pushed to add more ports or interface cards than we needed. This DWDM solution is ideally sized for our use case, has a simple management interface that supports SNMP, was delivered with a seamless plug-and-play approach and offers superior technical results. We couldn’t have asked for a better outcome.”

Particularly for providers of this size, balancing cost-efficiency and technical excellence is a priority, making tailored network solutions highly advantageous. This is why XKL prioritizes hands-on support to explain, build and deploy network solutions that offer exactly what a customer requires — no more, no less. By eliminating unnecessary or extraneous network capabilities, XKL ensures customers get the best DWDM results on time and on budget with no licensing fees ever. In this case, provisioning a streamlined, user-friendly network allowed Scatter Creek to manage its own backhaul, creating further financial and operational efficiencies.

“This all comes down to delivering digital opportunities to our rural customers, and with XKL’s network expertise, we were able to cut our operational costs by 40%. By reducing operational complexity and averting huge network expenses, we’re more agile and flexible for our customers’ futures and have the capacity to support other regional ISPs and partners as we build this connectivity fabric,” states Rick Vitzthum, CFO of Scatter Creek. “With other network providers, we struggled to find the size of solution we needed, and some would have made us pay tens of thousands annually for just a graphic user interface. XKL’s creative networking and customer-first approach has worked wonders for both us and our subscribers.”

For partners like Scatter Creek, XKL’s consultative approach is the key to achieving truly excellent network deployments and expansions. To learn more about this process, click here.

To learn more about Scatter Creek, visit www.scattercreek.com

About XKL

XKL helps businesses of all sizes expand and reimagine their networks in innovative ways with built-to-order, cost-effective and easy-to-manage DWDM solutions. Backed by our proven customer-centric, consultative approach and 30+ years of experience, XKL’s Layer 1 optical networking solutions deliver the capabilities and reliability required to meet even the most challenging network demands. To learn more about XKL, visit www.xkl.com.

About Scatter Creek

Scatter Creek Infonet is an Internet Service Provider that serves rural customers in Washington State.

For media inquiries, please contact:
Katie Carson
jsa_xkl@jsa.net 

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SOURCE XKL, LLC

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NAVEE Launches ST3 Pro and GT3 Pro at CES 2025, Receives UL and TÜV Rheinland Certifications

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — NAVEE, a global leader in intelligent short-distance mobility, today announced the North American launch of its flagship electric scooters, ST3 Pro and GT3 Pro, at CES 2025. The event, running from January 7 to January 10, also marks the company’s achievement of two prestigious awards that validate its leadership in smart mobility.

UL verification: Micromobility Performance Range, Energy Consumption and Acceleration

During CES, UL awarded the ST3 Pro-U and GT3 Pro-U with the “Micromobility Performance Range/Energy Consumption/Acceleration” verification. This recognition validates NAVEE’s engineering excellence, with both scooters exceeding rigorous standards for range, energy efficiency, and acceleration. Bryan Bai, NAVEE’s Vice President and Head of North American Sales, and Sherry He, vice president and general manager of Consumer, Medical and Information Technologies at UL Solutions, presided over the award ceremony.

TÜV Rheinland Certification: Range at Max. Speed

Simultaneously, TÜV Rheinland granted the ST3 Pro its “Range at Max. Speed” certification, verifying that the scooter delivers on its promised maximum speed range capabilities. Jay Yang, Vice President of Greater China Electrical at TÜV Rheinland, presented the certification to NAVEE, underscoring the scooter’s exceptional performance standards.

“These launches at CES 2025 represent a significant milestone in our mission to advance smart mobility technology for consumers worldwide,” said Lu Jian, Brand Representative of NAVEE. “The UL verification and TÜV Rheinland certification demonstrate our unwavering commitment to excellence and validate the real-world performance our customers can expect.”

ST3 Pro and GT3 Pro: Redefining Smart Mobility

The ST3 Pro and GT3 Pro represent the next evolution in urban transportation. Engineered for the demands of modern city commuting, these premium electric scooters combine exceptional range and acceleration with sophisticated smart features. The prestigious UL verification and TÜV Rheinland certification affirm NAVEE’s position as an industry pioneer in electric mobility innovation.

About NAVEE

Founded in 2021, NAVEE has quickly emerged as a leader in the global electric mobility market. With a presence in over 30 countries and more than 200,000 users, NAVEE is revolutionizing urban commuting with stylish, reliable electric scooters. The company continues to invest heavily in research and development, ensuring it remains at the forefront of innovation in the electric mobility sector.

For more information, visit: NAVEE Official Website https://www.naveetech.com/

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SOURCE NAVEE

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Fintech nsave launches investment platform, offering people from distressed economies protection from inflation with compliant and safe investments abroad

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nsave offers trusted dollar, sterling or euro accounts abroad to people from high inflation countries.Customers can now access a range of US equities, ETFs and funds.TQ Ventures leads $18mn financing, with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton.

LONDON and GENEVA, Jan. 10, 2025 /PRNewswire/ — nsave, the provider of trusted, compliant accounts abroad to people from countries with high inflation, has today announced the launch of an investment product, enabling people at risk of financial exclusion to protect and grow their wealth.

The company also confirmed an $18mn Series A investment led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation, to accelerate their growth.

Today’s means customers can access US equities, ETFs and soon funds managed by some of the world’s largest asset managlaunchers via the nsave app, subject to onboarding and compliance checks.

By working with regulated financial institutions and banking partners in the UK and Switzerland, nsave offers safe and compliant accounts abroad, democratising offshore services to millions of people affected by high inflation or economic uncertainty in their home countries.

nsave’s customers include young professionals who move abroad and face exclusionary and outdated compliance processes due to their country of birth, alongside people from high inflation economies, who fear their life savings will be wiped out.

Based in London and Geneva, nsave is led by former Rhodes Scholars Amer Baroudi and Abdallah AbuHashem.

nsave CEO Amer Baroudi said: “Our vision is to go beyond just protecting everyday people’s wealth by enabling safe and compliant accounts abroad, but to enable them to grow it, too.”

“For some of our customers, this is the first time they can access trusted investment services securely. We believe your passport shouldn’t determine your path to prosperity. Our compliance-by-design approach enables us to offer services safely to many more people.” 

TQ Ventures co-founder and co-managing partner, Schuster Tanger, said: “nsave is tapping into a massive market of individuals underserved by existing financial services who need secure, stable financial solutions.”

“From the outset, I was impressed by nsave’s unique approach and the strength of their team, no doubt a function of Amer and Abdallah’s own lived experience of these challenges. We’re thrilled to roll up our sleeves with nsave to create a more inclusive financial system.”

Contact:
press@nsave.com

 

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Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024

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HANOI, Vietnam, Jan. 10, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from December 3rd to December 4th, 2024, the results underscore the vibrant interest in blockchain technologies among Vietnam’s youth, reinforcing KuCoin’s commitment to nurturing this vital market.

The survey, a key initiative under KuCoin Campus, highlights a strong, positive sentiment towards cryptocurrencies, with 92% of participants optimistic about the future of digital assets. Remarkably, 82% of respondents are considering blockchain-related careers, signaling a burgeoning talent pool eager for development and opportunities within the industry.

Vietnam’s strategic importance to both KuCoin and the broader crypto community is evident as 68% of participants expressed a “very high interest” in blockchain, making it a critical hub for crypto innovations and community engagement. Additionally, 73% of respondents currently hold cryptocurrencies, demonstrating a mature market ready for further expansion and adoption.

The survey also uncovered a significant inclination towards diverse blockchain roles, with data analysis (24%), marketing (22%), and business development (21%) being the most coveted. These insights are invaluable as they highlight the areas of highest potential and interest among the future workforce.

Vietnam has been and will continue to be a key market for us,” said Alicia Kao, the Managing Director of KuCoin. “As the People’s Exchange, we are committed to empowering and equipping this new generation with the tools they need to succeed in the evolving digital landscape.”

View the full report here (EN version, VN Version), or visit KuCoin’s official website for further information.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

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