Technology

Batteries Plus Finalizes 6-Unit Franchise Agreement Throughout Louisiana

Published

3 months ago

June 19, 2024

Local Friends and Business Partners Will Open First Store in Alexandria

ALEXANDRIA, La., June 19, 2024 /PRNewswire/ — Batteries Plus, the world’s leading specialty battery franchise, recently welcomed its latest signed agreement for the development of six new units throughout the state of Louisiana. This deal will expand the brand’s footprint and further establish Batteries Plus’s expertise throughout the state.

Friends and business partners, Duane Carmouche, Mitch Matthews and Mohamad Zeidan, will own and operate the six stores across the state. Carmouche, who is Alexandria born and raised, is continuing his entrepreneurial journey with Batteries Plus after spending the last 20 years as a Jani King franchisee. Prior to his investment as a franchisee, he spent 16 years in law enforcement as a police officer and federal corrections officer.

“We are excited to join the Batteries Plus family,” said Carmouche. “There is nothing like this in the area currently, and we are ready to make Batteries Plus a staple within the community. This came at the right time, and our combined business experience will put us in a position to continue the growth of the brand throughout the state.”

Matthews began his career at 17 in the oil fields before become a car salesman in 2016. He worked his way up to become general manager. Additionally, Matthews has been an entrepreneur in his own right through opening an insurance agency, car lot and Stor-More Portable Buildings.

“When my daughter needed a car battery in 2023, I sent her to the local Batteries Plus in Carencro and was impressed with their service and product selection,” added Matthews. “Our expertise, combined with our plethora of products and services, will put us in a position to power our customer’s lives to meet every need.”

Since moving to the Alexandria community in 2002, Zeidan has owned and operated two used car dealerships.

“I am thrilled to be a part of helping to grow the Alexandria community, the place I’ve called home for the last two decades,” added Zeidan.

Of the six locations, the trio is anticipating the first to open in Alexandria by the end of 2024. The remainder would come over the course of the next couple years once the first one is off the ground. Those additional locations will be spread throughout the state of Louisiana.

“We’re thrilled to have Duane, Mitch and Mohamad join our franchise system and to grow the Batteries Plus brand in Louisiana,” added Joe Malmuth, Chief Development Officer. “We already have 10 locations throughout the state and our continued expansion in the Louisiana market is in the safe and capable hands of franchise and business veterans.”

With over 800 store locations in operation and development nationwide, Batteries Plus has also carved out a unique niche in the industry with its ‘plus’ services – including cell phone repair and key fob replacement. Positioned for the battery-powered future, Batteries Plus was ranked on Franchise Times Top 400 list, coming in at #130. Plus, for the 30th year in a row, the brand ranked on Entrepreneur Magazine’s Franchise 500 list, climbing 53 spots over last year’s rank and even becoming one of only 49 franchise brands to be inducted into Entrepreneur’s Franchise 500 Hall of Fame. To learn more about Batteries Plus, visit batteriesplusfranchise.com.

ABOUT BATTERIES PLUS:
Batteries Plus, founded in 1988 and headquartered in Hartland, WI, is a leading omnichannel retailer of batteries, specialty light bulbs and phone repair services for the direct-to-consumer and commercial channels. The retailer also offers key programming, replacement and cutting services. Through a nationwide network of stores, the company offers a differentiated value proposition of unrivaled product selection, in-stock availability and customer service. Batteries Plus is owned by Freeman Spogli, a private equity firm based in Los Angeles and New York City. To learn more about one of Forbes®’ Best Franchises to Buy in America, visit https://www.batteriesplusfranchise.com. 

MEDIA CONTACT: Seth Goodman, Fishman Public Relations, sgoodman@fishmanpr.com or 224.723.9645

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SOURCE Batteries Plus

Technology

SK hynix Applies CXL Optimization Solution to Linux

Published

60 mins ago

September 23, 2024

HMSDK, a proprietary memory control solution lauded for its performance, is now available on Linux, the world’s largest open source operating systemHMSDK optimizes performance between heterogeneous memories, increasing bandwidth by 30% and performance by over 12%The company will foster the ecosystem by increasing software competitiveness as well as AI memory such as HBM

SEOUL, South Korea, Sept. 22, 2024 /PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) announced today that the key features of its Heterogeneous Memory Software Development Kit (HMSDK)1 are now available on Linux2, the world’s largest open source operating system.

1Heterogeneous Memory Software Development Kit (HMSDK): SK hynix’s proprietary software development kit. It enables effective memory control, improving the performance of heterogeneous memory systems such as CXL memory.

2Linux: An operating system developed in 1991 by Linus Torvalds that has since expanded to become the world’s largest open source operating system. Most operating systems for cloud systems and supercomputers, as well as smartphones, cars, and appliances, are built on Linux.

HMSDK is SK hynix’s proprietary software for optimizing the operation of Compute Express Link (CXL)3, which is gaining attention as a next-generation AI memory technology along with High Bandwidth Memory (HBM). Having received global recognition for HMSDK’s performance, SK hynix is now integrating it with Linux. This accomplishment marks a significant milestone for the company as it highlights the company’s competitiveness in software, adding to the recognition for its high-performance memory hardware such as HBM.

3Compute Express Link (CXL): A next-generation interface that efficiently connects CPU, GPU, memory, and other components in high-performance computing systems to support massive, ultra-fast computation. By applying CXL to existing memory modules, the capacity can be expanded by more than 10 times.

In the future, developers around the world working on Linux will be able to use SK hynix’s technology as the industry standard for CXL memory, putting the company in an advantageous position for global collaboration on next-generation memory.

SK hynix’s HMSDK enhances memory package’s bandwidth by over 30% without modifying existing applications. It achieves this by selectively allocating memory based on the bandwidth between existing memory and expanded CXL memory. Additionally, the software improves performance by more than 12% over conventional systems through optimization based on access frequency, a feature which relocates frequently accessed data to faster memory.

The semiconductor industry anticipates full commercialization of CXL in the second half of 2024, coinciding with the release of the first server CPUs featuring the “CXL 2.0” specification. In preparation for this, SK hynix is currently validating CXL 2.0 memory in 96 GB and 128 GB capacities with customers. The company plans to begin mass production by the end of the year.

“For the development and spread of AI systems such as large language models (LLMs), it is now necessary to significantly improve not only semiconductors but also the level of system applications to support them,” said Youngpyo Joo, Head of Software Solution at SK hynix. “With this Linux integration and collaboration, we will strive to improve our status as a total AI memory solutions provider by innovating technologies and expanding the ecosystem in this field.”

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top-tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”), flash memory chips (“NAND flash”), and CMOS Image Sensors (“CIS”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

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SOURCE SK hynix Inc.

Technology

TeraBox Is Set to Provide Premier Cloud Storage Solutions to Top Indonesian University Faculty and Students

Published

60 mins ago

September 23, 2024

Transforming Classrooms: TeraBox’s 1TB Free Cloud Storage Becomes Essential for Educators and Students

TOKYO, Sept. 23, 2024 /PRNewswire/ — TeraBox (“TeraBox” or “the Company”), a globally trusted cloud storage service headquartered in Tokyo, also a favored cloud storage solution among Indonesian users, held its first large-scale campus event at prominent Indonesian universities such as University Diponegoro, Universitas Indonesia, and Institut Teknologi Sepuluh Nopember. The company hosted numerous offline events, attracting interactions from more than 30,500 students and teachers, and handed out 85,000 flyers. Event videos posted on the universities’ official Instagram and YouTube accounts received tens of thousands of views. TeraBox looks forward to deepening its collaboration with academic institutions to offer innovative cloud storage solutions for students.

In an era where digital resources are integral to academic success, TeraBox is committed to becoming an essential tool for students, providing a secure and efficient way to save and share curriculum files and materials, simplifying file management. By offering a massive 1TB (1024GB) of free cloud storage space per account, TeraBox alleviates the challenges of managing extensive educational materials, such as e-books, digital textbooks, learning notes, and experimental data in the new semester to come. Furthermore, TeraBox enhances productivity by enabling students to engage in online assignments and collaborative projects, fostering sharing, collaboration, and communication among students and between students and teachers. TeraBox not only addresses issues related to insufficient memory on devices like smartphones and laptops, but also significantly boosts efficiency in data management in an environmentally friendly manner.

Understanding the need for seamless collaboration, TeraBox features user-friendly sharing options that allow students and faculties to create links with just one click. This facilitates easy sharing of multiple files simultaneously, which can greatly improve collaborative efforts among peers. Whether accessing files from mobile devices or desktops, students can manage their documents effortlessly anytime and anywhere. Feedback from offline surveys reveals that many users in Indonesia are impressed with TeraBox’s offering of 1TB (1024GB) of free storage space. This generous storage not only meets the needs of university students for sharing various social and lifestyle content but also eliminates the necessity of creating multiple accounts with other storage services to fulfill their storage requirements.

As of July 2024, TeraBox boasts over 320 million registered users worldwide, with more than 20 million active daily users across over 231 countries and regions. The platform ensures top-tier security by employing advanced measures such as TLS/SSL protocols, encryption algorithms, and access controls. TeraBox is accredited with ISO standards (ISO 27001/27701/27018) certifications to protect the safety of data storage and transmission. These technologies also guarantee the stored and transmitted information is safe through client-side endpoint encryption within a large-scale distributed system architecture.

About TeraBox

TeraBox, developed by Flextech Inc., is a globally trusted cloud storage app headquartered in Tokyo, Japan. With a focus on intelligent, efficient, and secure cloud storage, TeraBox is dedicated to providing users with innovative and user-friendly solutions for their data storage needs. Download the TeraBox App on Android, iOS, Linux, Mac, and Windows devices, or visit www.terabox.com for online access. To learn more about the fantastic Referral Program, please visit the provided site.

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SOURCE Flextech Inc.

Technology

Elmo Motion Control Exhibiting at Industrial Automation Show in Shanghai, China

Published

60 mins ago

September 23, 2024

Elmo brings live demonstrations to present the power of motion to Hall 5.1 in Booth E181.

PETAH TIKVA, Israel, Sept. 23, 2024 /PRNewswire/ — Elmo Motion Control, a global technology leader in motion control solutions, announces its participation at the annual IAS (Industrial Automation Show) exhibition at NECC in Shanghai, China, from September 24 to September 28. At the show, Elmo will display the Platinum line of servo drives, which include fully certified Functional Safety capabilities in small yet powerful packages, and conduct live demonstrations.

Elmo’s featured demonstrations will include an operating customer XYZT stage dynamic demo with four-axis movement controlled by a single multi-axis servo drive – the Platinum Quartet. Also on the floor will be a multi-axis gantry machine from our customer PBA Systems PTE Ltd and more. In addition, visitors can be the first in China to see the future of motion control – the next-generation motion controller with artificial intelligence readiness and a new line of multi-axis servo drives.

“We look forward to greeting visitors at this year’s show and presenting the latest Elmo products. On display throughout our booth is the future of motion control and the experience of seeing our multi-axis products in action. This year, we created an environment for machine developers to learn about advanced motion performance for any application in real-time,” stated Dr. Wayne Chen, Elmo China GM.

About Elmo Motion Control

Elmo has been a motion control technology leader for over 35 years, with millions of servo drives working 24/7 worldwide. Elmo offers complete motion control solutions from design to delivery of cutting-edge servo drives, network-based multi-axis motion controllers, and integrated servo motors. All solutions can be customized and configured using Elmo’s proprietary advanced and easy-to-use software tools for any machine in any industry, such as semiconductors, lasers, robots, life sciences, industrial automation, AGV, and more. The company employs more than 350 personnel with headquarters in Israel and offices in the United States, China, Germany, Italy, Korea, Singapore, and an additional manufacturing facility in Poland. Elmo has a worldwide distribution network. By advancing motion control with state-of-the-art technology, Elmo makes smart machines even smarter. As of 2022, Elmo is a Bosch Rexroth company.

For more information, visit www.elmomc.com or email marketing@elmomc.com.

Elmo Motion Control:
Robert Dugan, Marketing Manager at Elmo Motion Control
T: +972-(3)-929-2300 (ext. 368)
E: robertd@elmom.com

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SOURCE Elmo Motion Control, Ltd.