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Mega Matrix Announces FlexTV’s Surge to Top 3 on the App Store Entertainment Chart (Free Apps, Indonesia) and Google Play Entertainment App (Free Apps, Indonesia) as of August 12, 2024

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PALO ALTO, Calif., Aug. 12, 2024 /PRNewswire/ — Mega Matrix Corp. (“MPU” or the “Company”) (NYSE American: MPU), today announced that FlexTV, its short drama streaming platform, has ranked No.3 in the App Store Entertainment Chart (Free Apps, Indonesia) and Google Play Entertainment App (Free Apps, Indonesia) as of August 12, 2024.

This accomplishment further solidifies FlexTV’s leading position in the Asian market and demonstrates its widespread popularity on a global scale.

FlexTV’s relentless efforts in content innovation and technological optimization have enabled it to stand out in a highly competitive market. Indonesia is an important digital consumer market in Southeast Asia; FlexTV has quickly gained widespread recognition and praise from local users for its rich and varied high-quality original short drama content, high-definition and smooth viewing experience, and personalized recommendation system. Looking ahead, FlexTV aims to explore more opportunities to meet the diverse needs of global audiences. With its continued growth in markets like Indonesia, the platform is confident in expanding its influence further across Asia and globally.

MPU operates the world’s leading short drama streaming platform FlexTV through Yuder Pte. ltd, currently distributing short drama content to over 100 countries worldwide, covering multiple language versions such as English, Japanese, Korean, Portuguese, Spanish, and Arabic. The platform offers a rich variety of high-quality original short dramas, including modern, bossy presidents, revenge plots, thrillers, time travel, comedy, and other popular themes, allowing users to freely choose according to their personal preferences and enjoy high-definition and smooth streaming services anytime, and anywhere. For more exciting content, please visit https://www.flextv.cc/.

About Mega Matrix: Mega Matrix Corp. (NYSE AMEX: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through Yuder Pte, Ltd., an indirect majority-controlled subsidiary of Mega Matrix. Mega Matrix is a Delaware corporation headquartered in Palo Alto, CA. For more information, please visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; ; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the heading “Risk Factors” in documents filed by the Company with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

 

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SOURCE Mega Matrix Corp.

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EcoFlow Debuts AI-Powered OASIS at CES 2025, Maximizing Energy Savings and Extreme Weather Prep

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January 5, 2025

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EcoFlow also previews its residential energy systems customized for the U.S. market, and showcases its latest portable power stations and power banks

LAS VEGAS, Jan. 5, 2025 /PRNewswire/ — EcoFlow, a leading portable power and eco-friendly energy solutions company, unveiled EcoFlow OASIS at CES 2025, introducing homeowners to a revolutionary AI-powered energy solution designed to maximize home energy storage, prepare for weather-related power outages and reduce home electric bills.

EcoFlow OASIS harnesses artificial intelligence combined with real-time household and environmental data to maximize the benefits of EcoFlow’s wide range of portable and whole-home power devices. Factors like past energy usage, local electric rates, home solar energy generation and weather patterns help it provide personalized recommendations and automations. These can keep batteries charged ahead of severe weather, help users make smarter energy decisions and save money.

The built-in smart assistant intelligently responds to natural language queries like, “How can I maximize my solar energy usage today?” OASIS offers suggestions for optimized energy use and with the user’s permission, it can automatically put those recommendations into action. For example, it can run high-power appliances like air conditioners and washing machines on stored solar energy instead of grid power during peak pricing periods.

“As the first in the portable power industry to launch a user-focused mobile app, EcoFlow now leads again by integrating AI into a comprehensive energy management system,” said Peter Linghu, EcoFlow’s Director of Product Strategy and Development. “This year at CES, we’re showcasing the most advanced, integrated power solutions for portable and whole-home backup use. With OASIS, we empower our customers by putting control directly in their hands, demonstrating how cutting-edge technology can revolutionize everyday energy management.”

EcoFlow OASIS works with existing EcoFlow devices such as DELTA 3 Plus and RIVER 3 Plus, enabling select features like Storm Warning Alerts, Time-of-Use Mode, and Uninterrupted Power Supply. The full potential of OASIS’ smart energy management is experienced in the EcoFlow Whole-Home Power Backup Solutions, such as DELTA Pro Ultra with Smart Home Panel 2 system in North America. In Europe, the EcoFlow PowerOcean grid-tied residential energy system takes this concept even further.

EcoFlow will also launch a grid-tied, whole-home solar battery solution in the US later this year in a new product called EcoFlow OCEAN Pro, which will fully leverage OASIS’s advanced AI capabilities. Compatible with select EcoFlow power stations, OCEAN Pro offers increased energy capacity for improved power backup reliability and smarter utility bill savings.

OASIS integrates not only with EcoFlow’s products, but also with third-party devices compatible with Shelly and Matter, providing a unified view of energy sources like solar and grid power alongside real-time consumption insights—an industry first.

“With the increasingly capable systems we are introducing, EcoFlow OASIS simplifies home energy management, helping users maximize their energy investment,” Linghu said. “From charging your EV at the lowest cost to preparing for extreme weather, OASIS handles the guesswork. EcoFlow remains committed to delivering the ‘FIRST’ – flexible, innovative, reliable, simple, and thorough – power solutions.”

EcoFlow will also display at CES its full range of consumer products, including its third-gen portable power stations, integrated RV and camper van power solutions as well as its first ultra-portable solutions for mobile devices. These include:

Power Kit System: Expandable off-grid power solutions for RV and remote living, with an expandable capacity of up to 45kWh to power high-demand appliances like portable AC/heater units and refrigerators.

RAPID Series: EcoFlow’s first-ever magnetic power bank offers a built-in USB-C cable, phone stand and Qi2 15W wireless charging. It’s available in 5000mAh and 10000 mAh capacities to power devices, including phones, tablets, laptops, e-readers, ear pods and more.

Power Hat: A lightweight, outdoor-resistant solar-powered hat that charges up to two devices on-the-go with a dual USB-A/USB-C port.

Images and more information can be found in the EcoFlow media kit.

About EcoFlow:

EcoFlow is a leading provider of eco-friendly energy solutions, committed to powering a new world. Since its founding in 2017, EcoFlow has aimed to be the FIRST in power solutions — Flexible, Innovative, Reliable, Simple, and Thorough — for individuals and families, whether at home, outdoors or on the go. With a smart manufacturing center in China, and headquarters in the USA, Germany and Japan, EcoFlow has empowered over 4.5 million users in 140 markets worldwide. For more information, visit https://www.ecoflow.com/us.

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SOURCE EcoFlow Technology Inc.

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STRADVISION to Showcase Groundbreaking ADAS Innovations at CES 2025 featuring Texas Instruments technology

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January 5, 2025

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Demonstration of the new TI TDA4VPE-Q1 automotive system-on-chip with STRADVISION’s production-ready SVNet 3D perception network for ADAS and autonomous driving

LAS VEGAS, Jan. 5, 2025 /PRNewswire/ — STRADVISION, a leader in deep learning-based vision perception technology is set to showcase their latest innovations featuring Texas Instruments (TI) processors at CES 2025. The collaboration highlights the integration of TI’s TDA4VPE-Q1 system-on-a-chip (SoC) for L2 domain controllers and STRADVISION’s SVNet 3D Perception Network, a production-ready, deep learning-powered solution that redefines ADAS and autonomous driving capabilities.

A Fusion of Cutting-Edge Technologies: SVNet 3D Perception Network based on the TDA4VPE-Q1 SoC

The TI TDA4VPE-Q1 automotive SoC, designed for multi-camera ADAS applications, integrates advanced sensor fusion, edge AI, graphics, and video co-processing. With 16 TOPS of AI performance, 4x Arm® Cortex®-A72 cores, optimized memory architecture, and a heterogeneous design, it delivers unparalleled efficiency while lowering system costs. This platform supports diverse imaging solutions, including Level 2 and Level 2+ ADAS, auto valet parking, 3D surround view, and more making it a versatile and cost-effective choice for next-generation automotive applications.

Paired with the TI TDA4VPE-Q1 SoC, the SVNet 3D Perception Network solution converts 2D camera data into precise 3D environmental maps, enabling vehicles to perceive their surroundings with exceptional clarity. Designed for adaptability, the SVNet platform supports high-level autonomous driving across various Operational Design Domains (ODD), including complex and challenging conditions.

Showcasing Innovation at CES 2025

At CES 2025, attendees can witness a live demonstration of the SVNet based on TDA4VPE-Q1 automotive SoC. The demo highlights its capabilities in enabling multi-camera inputs for advanced driver assistance systems (ADAS), such as Level 2+ highway driving, auto valet parking, 3D surround view, and memory-based automatic parking.

A Game-Changer for Automotive Applications

STRADVISION’s SVNet, integrated with the TDA4V-Mid Plus Eco SoC, empowers automotive OEMs to deliver scalable ADAS solutions. The SoC’s flexibility accommodates various image sensors and resolutions, supporting ADAS domain controllers, front cameras, surround views, and mirror replacement. This collaboration paves the way for innovation in automotive, robotics, and security systems.

“We are proud to collaborate with Texas Instruments to bring cost-effective yet powerful solutions to the automotive industry,” said Philip Vidal, CBO of STRADVISION. “The TDA4VPE-Q1 automotive SoC, paired with STRADVISION’s SVNet, exemplifies our shared vision for advancing ADAS technologies. With production-ready software development concluding in 2025 and a Start of Production (SoP) targeted for 2026, we are poised to meet the demands of an evolving market. This collaboration also underscores our commitment to global expansion, enabling us to address the rising demand for innovative and scalable solutions worldwide.”

“The TDA4VPE-Q1 automotive system-on-a-chip for L2 domain controllers with graphics, AI, and video co-processing embodies our vision of delivering high-performance, flexible, and efficient solutions for next-generation automotive applications,” said Mike Pienovi, product line manager at Texas Instruments. “Our collaboration with STRADVISION and their SVNet software demonstrates how technology can accelerate the move from 2D to 3D perception networks.”

Event Details: 

Date: January 7–10, 2025 Location: Westgate Hotel Hospitality Suite #2951, Las Vegas, Nevada 

For more information on STRADVISION and its industry-leading technologies, please visit STRADVISION. 

About STRADVISION 

Founded in 2014, STRADVISION is an automotive industry pioneer in artificial intelligence-based vision perception technology for ADAS. The company is accelerating the advent of fully autonomous vehicles by making ADAS features available at a fraction of the market cost compared with competitors. STRADVISION’s SVNet is being deployed on various vehicle models in partnership with OEMs; can power ADAS and autonomous vehicles worldwide; and is serviced by over 300 employees in Seoul, San Jose, Detroit, Tokyo, Shanghai, and Dusseldorf. STRADVISION has been honored with Frost & Sullivan’s 2022 Global Technology Innovation Leadership Award, the Gold Award at the 2022 and 2021 AutoSens Awards for Best-in-Class Software for Perception Systems, and the 2020 Autonomous Vehicle Technology ACES Award in Autonomy (software category). In addition, STRADVISION and its software have achieved TISAX’s AL3 standard for information security management, as well as being certified to the ISO 9001:2015 for Quality Management Systems and ISO 26262 for Automotive Functional Safety. 

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SOURCE StradVision

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STRADVISION Showcases Collaboration with Renesas at CES 2025

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4 hours ago

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January 5, 2025

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Highlighting Next-Generation ADAS Innovation with SVNet Integration on Renesas’ R-Car V4H SoC Platform

LAS VEGAS, Jan. 5, 2025 /PRNewswire/ — STRADVISION, a global leader in AI-based vision perception technology, is excited to announce its collaboration with Renesas Electronics Corporation at CES 2025. This collaboration showcases the integration of STRADVISION’s SVNet software into Renesas’ R-Car Open Access (RoX) development platform, a cutting-edge demonstration of advanced driver assistance systems (ADAS).

As part of this collaboration, STRADVISION will present a groundbreaking demo featuring a 3D perception system powered by an 8MP Front View Camera (FVC) based on the Renesas R-CarV4H platform. This demonstration highlights the exceptional efficiency and low computing power of SVNet, providing an optimized, scalable solution for next-generation Software-Defined Vehicles (SDVs). Additionally, the 3DP FVC ADAS solution is set for production in 2026.

Driving Efficiency and Performance in ADAS

STRADVISION’s SVNet software is celebrated for its high efficiency, enabling advanced perception capabilities even on platforms with constrained computing power. By integrating SVNet with Renesas’ RoX platform supporting R-Car SoCs, the demo delivers a pre-validated, high-performance ADAS solution that caters to the growing demand for affordable, reliable, and scalable technologies in the automotive industry.

“This collaboration underscores STRADVISION’s commitment to pioneering AI-based solutions that meet the evolving needs of the automotive market,” said Philip Vidal, Chief Business Officer at STRADVISION. “By working closely with Renesas, we are delivering innovative technologies that redefine safety, efficiency, and performance for automotive manufacturers worldwide.”

A Strategic Partnership for the Future of SDVs

STRADVISION has a longstanding history of collaboration with Renesas, with previous integrations including the SVNet software on Renesas’ R-Car V3x platform. During the week of CES 2025, STRADVISION plans to demonstrate a cohesive solution designed for SDVs that bridges the gap between ADAS and IVI functionalities. This innovation is poised to catalyze broader adoption of advanced safety features and autonomous driving technologies across diverse vehicle segments.

Visit STRADVISION at CES 2025

Attendees at CES 2025 are invited to experience this breakthrough technology firsthand at STRADVISION’s booth. The demo highlights STRADVISION’s strategic role in shaping the future of mobility by providing intelligent, efficient, and scalable solutions that empower Tier-1 suppliers and car OEMs to innovate rapidly and cost-effectively.

Event Details:

Date: January 7–10, 2025Location: Westgate Hotel Hospitality Suite #2951, Las Vegas, Nevada

For more information on STRADVISION and its industry-leading technologies, please visit STRADVISION.

About STRADVISION 

Founded in 2014, STRADVISION is an automotive industry pioneer in artificial intelligence-based vision perception technology for ADAS. The company is accelerating the advent of fully autonomous vehicles by making ADAS features available at a fraction of the market cost compared with competitors. STRADVISION’s SVNet is being deployed on various vehicle models in partnership with OEMs; can power ADAS and autonomous vehicles worldwide; and is serviced by over 300 employees in Seoul, San Jose, Detroit, Tokyo, Shanghai, and Dusseldorf. STRADVISION has been honored with Frost & Sullivan’s 2022 Global Technology Innovation Leadership Award, the Gold Award at the 2022 and 2021 AutoSens Awards for Best-in-Class Software for Perception Systems, and the 2020 Autonomous Vehicle Technology ACES Award in Autonomy (software category). In addition, STRADVISION and its software have achieved TISAX’s AL3 standard for information security management, as well as being certified to the ISO 9001:2015 for Quality Management Systems and ISO 26262 for Automotive Functional Safety. 

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SOURCE StradVision

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