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VirnetX Participates at RIMPAC 2024

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Successfully Demonstrates Secure Connection Technology to U.S. Navy Expeditionary Combat Command Operational Partners

ZEPHYR COVE, Nev., July 22, 2024 /PRNewswire/ — VirnetX Holding Corporation (NYSE: VHC) today announced that it participated in the U.S. Navy Expeditionary Combat Command (NECC) sponsored technology demonstrations during the Rim of the Pacific (RIMPAC) 2024, a large-scale international maritime exercise at Ford Island, Oahu, Hawaii. At RIMPAC 2024, VirnetX successfully demonstrated how its technology connected users on Android, MacOS and iOS via different networks including cellular and WIFI for secure video conferencing using VirnetX’s War Room. VirnetX also demonstrated War Room’s secure video conferencing from ship to shore environments.

 

“The successful demonstrations at RIMPAC 2024 allowed us to showcase the unique value of VirnetX’s secure connection technology in a dynamic environment,” said Lt. General (Ret.) Dan Leaf, a VirnetX Defense Advisor. “From day-to-day static situations to the most challenging operations in conflict or humanitarian assistance, VirnetX can fill defense needs for security, stealth, and flexibility.”

“In terms of presenting our technology it doesn’t get any bigger than RIMPAC,” said Kendall Larsen, VirnetX CEO and President. “Touted as the world’s largest international maritime warfare exercise, RIMPAC gave us the opportunity to demonstrate how War Room secure video conferencing can be utilized across all platforms with no geographical boundaries under the most critical military circumstances.”

About RIMPAC
Rim of the Pacific (RIMPAC) is a large-scale international maritime warfare exercise. Held biennially, the exercise is designed to foster and sustain cooperative relationships, critical to ensuring the safety of sea lanes and security in support of a free and open Indo-Pacific region. The exercise, which takes place in the waters surrounding the Hawaiian Islands, is a unique training platform designed to enhance interoperability and strategic maritime partnerships. For more information, go to https://www.cpf.navy.mil/RIMPAC/.

About Lieutenant General USAF (Ret.) Dan Leaf
Lt. General (Ret.) Leaf’s 33-year Air Force career culminated into his position as Deputy Commander of U.S. Pacific Command. He has worked with leaders of every nation in the Indo-Asia Pacific region except North Korea. He is a decorated combat fighter pilot and leader and has executive industry experience as a Vice President at Northrup Grumman. From 2012-2017, he was the Director of DoD’s Daniel K. Inouye Asia-Pacific Center for Security Studies.

About VirnetX
VirnetX Holding Corporation is an Internet security software and technology company with industry-leading, patented technology for Zero Trust Network Access (“ZTNA”) based secure network communications. VirnetX’s software and technology solutions, including its Secure Domain Name Registry and Technology, VirnetX One™, VirnetX War Room™, VirnetX Matrix™, and Gabriel Connection Technology™, are designed to be device and location independent, and enable a secure real-time communication environment for all types of enterprise applications, services, and critical infrastructures. For more information, please visit www.virnetx.com

Special Note Regarding Forward-Looking Statements
This press release should be read in conjunction with our filings with the Securities and Exchange Commission.  Statements herein may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

These forward-looking statements are based upon our current expectations, estimates, assumptions, and beliefs concerning future events and conditions and may discuss, among other things, expectations regarding the success of the demonstrations at RIMPAC 2024 and its impact on our business as well as the continued development of our product and  our ability to provide and enhance security for defense communications and data management to government and commercial partners. Any statement that is not historical in nature is a forward- looking statement and may be identified by the use of words and phrases such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “will be,” “will continue,” “will likely result in,” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are necessarily subject to risks, uncertainties, and other factors, many of which are outside our control, and could cause actual results to differ materially from such statements and from our historical results and experience. These risks, uncertainties and other factors include, but are not limited to risks detailed in our filings with the Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K, filed on March 15, 2024. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results and that the risks described herein should not be considered a complete list. Any forward-looking statement speaks only as of the date on which such statement is made.

EXCEPT AS REQUIRED BY LAW, WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENT AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE.

Contact:
Investor Relations
VirnetX Holding Corporation
415.505.0456
ir@virnetx.com

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SOURCE VirnetX Holding Corporation

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Stormstrike Inc. Relocates Headquarters to Las Vegas, Fabien Bonte Joins as CEO

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LAS VEGAS, Nov. 17, 2024 /PRNewswire/ — Stormstrike Inc., the pioneering digital media company known for its popular sports gaming platforms MUT.GG and FUT.GG, announced today that it is relocating its headquarters to Las Vegas, Nevada. In conjunction with this move, Stormstrike also welcomes its owner, Fabien Bonte, as the company’s new Chief Executive Officer. Daniel Paulson, who has served as the acting CEO, will continue his integral role at Stormstrike, stepping into the position of Chief Technology Officer.

The decision to move the company’s headquarters to Las Vegas marks an exciting new chapter for Stormstrike as it continues its rapid growth in the gaming media industry. The new headquarters in Las Vegas will strategically position the company within one of the fastest-growing business hubs in the United States, with access to a strong network of media, entertainment, and technology resources.

“I am thrilled to officially take on the role of CEO at Stormstrike and guide our incredible team into this next phase of growth,” said Fabien Bonte, Owner and CEO of Stormstrike Inc. “Our move to Las Vegas represents a unique opportunity to further connect with key industry players and expand our presence in the gaming media space. With Daniel Paulson as our CTO, I am confident we have the right leadership team in place to drive our vision forward.”

Fabien Bonte founded Stormstrike in 2021 after successfully selling his previous venture, Magic Find, Inc. The company’s properties, including flagship platforms MUT.GG and FUT.GG, have experienced rapid growth, reaching over 600 million page views in 2023, with projections of 900 million in 2024.

Daniel Paulson, who has been pivotal in leading Stormstrike as CEO, will transition to the role of Chief Technology Officer. In his new capacity, Paulson will continue to spearhead the company’s technology and product development initiatives, building on his extensive experience in the gaming industry to enhance the user experience on Stormstrike’s platforms.

“Stormstrike has come a long way since its founding, and I’m incredibly proud of what we’ve achieved so far,” Paulson said. “With Fabien now onboard as CEO, I’m excited to focus on our technological growth and deliver cutting-edge solutions that will keep our community engaged and drive further expansion.”

The company’s relocation to Las Vegas and its new leadership structure underscore Stormstrike’s commitment to growth and its focus on strengthening its position within the gaming and digital media sectors. As Stormstrike enters this new chapter, it remains dedicated to providing premium tools, resources, and community platforms for sports gaming enthusiasts around the world.

Contact Information:
Stormstrike Inc.
Email: business@stormstrike.gg

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SOURCE Stormstrike Inc.

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Sky Labs’ Wearable Device “Apollon” Recognized as an Honoree in CES 2025 Innovation Awards

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SEOUL, South Korea, Nov. 18, 2024 /PRNewswire/ — Sky Labs announced that its groundbreaking wearable device, Apollon, has been named an “Honoree” in the Artificial Intelligence category at the CES 2025 Innovation Awards. Hosted by the Consumer Technology Association (CTA)®, the CES Innovation Awards program annually recognizes outstanding achievements in design and engineering across 33 categories of consumer technology. This prestigious honor marks Sky Labs’ second award at CES, underscoring the company’s continued impact on health technology innovation.

Apollon is a pioneering wearable device designed for comprehensive monitoring of vital health indicators. Integrating both a wrist-worn module and a ring-type sensor, Apollon automatically and periodically measures SpO₂, irregular pulse, pulse rate, blood pressure, respiration rate, and skin temperature, while also offering on-demand body temperature measurements. Engineered with hospitalized patients in mind, Apollon supports extensive tracking of health data, providing valuable insights for health monitoring and treatment.

Apollon’s innovative design includes a wrist-worn control module with an integrated monitor and a detachable ring-type sensor module, connected seamlessly for optimal user experience. The wristband is crafted from silicone, promoting hygienic use and enabling secure attachment and removal from the control module. Additionally, the single-sized silicone ring around the sensor module provides comfort and adaptability, allowing users of varying finger sizes to wear the sensor comfortably for extended periods. The hardware is streamlined with power, charging, and data transmission connectors on a single surface, optimizing its structure for enhanced ease of use.

In parallel with Apollon’s success, Sky Labs’ CART BP pro, a ring-type ambulatory blood pressure monitoring device, has been selected as the primary monitoring tool for an ambitious five-year cohort study led by the Korean Society of Hypertension, in celebration of their 30th anniversary. This large-scale CUFFLESS BP Registry-Outcome Study will incorporate CART BP pro to further research into innovative hypertension management strategies. The study aims to evaluate a range of clinical outcomes associated with hypertension and to explore advanced, non-invasive solutions for blood pressure management.

About Sky Labs
Founded in September 2015, Sky Labs is a leading healthcare startup that has developed CART (Cardio Tracker), a ring-shaped medical device designed for disease monitoring using heart signals collected through optical sensors. Following this, the company developed CART BP, a cuffless, ring-shaped device that enables continuous 24-hour blood pressure monitoring, providing valuable treatment information and making a groundbreaking contribution to improving the quality of life for hypertension patients. Sky Labs has signed an exclusive domestic distribution agreement for CART BP with South Korea’s Daewoong Pharmaceutical and is preparing for nationwide sales to hospitals, clinics, and general consumers.

Media Inquiries
Edelman Korea SkyLabs@edelman.com

 

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SOURCE Sky Labs

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Salmon Named Leading Fintech Group Philippines at the World Business Outlook Awards 2024

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MANILA, Philippines, Nov. 18, 2024 /PRNewswire/ — Salmon, the fintech leader driving financial inclusion in Southeast Asia, has been recognized as the Leading Fintech Group Philippines at the esteemed World Business Outlook Awards 2024. This accolade highlights Salmon’s ongoing innovation and dedication to modernizing the financial services sector in the Philippines.

The World Business Outlook Awards celebrate excellence across global industries, with Salmon honored for its groundbreaking use of technology, particularly in addressing the needs of underserved communities. This recognition underscores Salmon’s significant contributions to enhancing financial access and empowering Filipinos.

Since its inception, Salmon has focused on bridging gaps in the Philippine financial ecosystem. By utilizing AI and cutting-edge technology, Salmon has enabled faster, more inclusive credit decisions, particularly benefiting Filipinos without formal credit histories. This approach has positioned the company as a major player in the fintech space, with strong potential to scale its impact across Southeast Asia in the near future.

Salmon’s flagship product, the Salmon App, continues to redefine the customer experience by offering streamlined loan applications, financial management, and payment solutions. With a consistent 4.7-star rating, the app exemplifies Salmon’s mission to provide accessible and user-friendly financial tools.

Salmon Co-Founder Pavel Fedorov reflected on the award: “Being named Leading Fintech Group Philippines 2024 fuels our commitment to making modern financial services accessible to everyone. This recognition highlights the impact we’ve made so far and strengthens our resolve to expand our services throughout Southeast Asia.”

Salmon’s recent oversubscribed $30M USD funding round further reinforces investor confidence in its growth strategy. Raffy Montemayor, Chairman of Salmon’s Bank subsidiary, added, “This funding enables us to scale even faster and introduce more products that bridge the gap between traditional banking and fintech, empowering more Filipinos in their financial journey.”

With its focus on financial inclusion and technological innovation, Salmon is poised to play a pivotal role in shaping the future of financial services across the region.

About Salmon Group Ltd 

Founded in 2022 by fintech and banking veterans Pavel Fedorov, George Chesakov, and Raffy Montemayor, Salmon Group Ltd owns and operates subsidiaries in the Philippines, including Sunprime Finance Inc. and the Rural Bank of Sta. Rosa (Laguna), Inc., which was established in 1963. The Group is dedicated to expanding financial inclusion by providing customers with cutting-edge, customer-centric, AI, and data-driven banking and financial services. It is on a mission to empower clients underserved by legacy banks across Southeast Asia and is supported by world-class shareholders, including the International Finance Corporation, the sovereign wealth fund of Abu Dhabi (ADQ), and other blue-chip international and Filipino investors. 

For media inquiries, please contact:  
Salmon Communications Team
Email: pr@salmon.group
Website: www.salmon.ph

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SOURCE Salmon Group Ltd

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