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Angelalign Technology Inc. Reports Strong Growth in Global Operations for 1H 2024

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SAN CLEMENTE, Calif., Aug. 22, 2024 /PRNewswire/ — Angelalign Technology Inc. (“Angel Aligner” or the “Company”) announced its financial results for the first half of 2024, highlighting the Company’s global expansion in the clear aligner market. The Company reported significant growth in key international markets, while also maintaining steady growth in the China market.

In the first half of 2024, Angel Aligner saw an increase in the total number of case shipments, growing from approximately 95,400 cases in the same period of 2023 to 152,900. In China, the number of cases reached 95,300, solidifying Angel Aligner’s leading market share position in the China market. The Company also reported 57,600 cases in the international markets, accounting for 37.7% of the total cases. This success is driven by Angel Aligner’s high-quality treatment planning, strong clinical and commercial support, and reliable delivery capabilities, all of which have enabled the Company to expand its presence to over 50 countries globally.

Angel Aligner’s total revenue increased by 39.8% year-over-year to approximately USD 121.3 million. Revenue in the China market grew to USD 89.1million, while revenue in the international market reached USD 32.1 million, reflecting a growing contribution from global operations. Additionally, gross profit rose by 47.1% to USD 75.7 million, with the gross margin improving to 62.4%.

Angel Aligner’s growth strategy is tailored to the specific needs of orthodontic professionals and patients in various regional markets.

In Europe, Angel Aligner deepened its ties with orthodontists through user-events led by Key Opinion Leaders and customer-centric localized operations. For example, in March 2024, the Company held the first Angel Aligner European Academic Forum in Spain. At this event, Angel Aligner invited leading orthodontic experts to discuss the clinical application and development of clear aligner technology, covering topics such as biomechanics, early orthodontic treatment, material and treatment planning, and future trends.

In Brazil, Angel Aligner is leveraging its acquisition of Aditek by enhancing Aditek’s capabilities in medical design and intelligent manufacturing. This move is fueling the growth of Aditek’s own brand, “Self”, and is laying a solid foundation for the official launch of Angel Aligner’s product line in Brazil. The Company plans to address the diverse needs of the Brazilian market through a dual-brand strategy with “Self” and “Angel Aligner”.

In the Asia-Pacific region, Angel Aligner further expanded its market presence into countries like Malaysia and Thailand by combining regional business teams with local distributor networks. In North America, Angel Aligner garnered significant attention and recognition at the 124th Annual Session of the American Association of Orthodontists (AAO).

To enhance the experience for orthodontic professionals and patients globally, Angel Aligner has maintained its commitment to user-centric digital innovation, continuously iterating the iOrtho digital orthodontic intelligent service platform and further enhancing green manufacturing and intelligent unmanned production capabilities. In the first half of 2024, the Company invested USD 10.5 million in research and development, accounting for 8.7% of total revenue.

Angel Aligner CEO Hu Jiezhang commented, “The global clear aligner industry holds immense growth potential. Angel Aligner will continue to pursue a dual-engine strategy of digitalization and globalization, driving innovation in clear aligner solutions, advancing the digital and intelligent capabilities of our software, and upholding high standards in orthodontic medical services and large-scale personalized manufacturing. Our goal is to create superior user experiences and deliver better services to Orthodontic professionals and patients worldwide.”

*The USD/CNY exchange rate is determined based on the average rate of 1 USD ≈ 7.103871 CNY.

Media Contact: Angel Aligner: Sue Kolb, Head of Marketing Sue.Kolb@angelaligner.com

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SOURCE Angelalign Technology Inc.

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DANAconnect and eSource Capital Launch PayrollTrace for Digital Payroll Compliance

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September 22, 2024

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PayrollTrace is an innovative, secure platform for paperless payroll receipt delivery, ensuring regulatory compliance and real-time traceability.

FORT LAUDERDALE, Fla., Sept. 22, 2024 /PRNewswire-PRWeb/ — DANAconnect, the leading company in automated business communications, in collaboration with eSource Capital, a prominent Google Cloud Partner in Latin America, announce the launch of PayrollTrace, an innovative platform designed for the secure and efficient digital delivery of payroll receipts, ensuring regulatory compliance and complete traceability in every transaction.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

PayrollTrace automates the delivery of payroll receipts through multiple channels, including email and SMS, completely eliminating the use of paper or reliance on email. This solution not only simplifies human resources processes but also ensures regulatory compliance with verifiable technical reports that allow companies to manage and audit receipt deliveries in real time.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

Juan Aguilera Franceschi, Managing Partner at eSource Capital, added: “Our partnership with DANAconnect allows us to offer companies in the region a robust solution that optimizes payroll management. PayrollTrace provides the security and flexibility companies need to manage payments efficiently and sustainably.”

The partnership between DANAconnect and eSource Capital combines DANAconnect’s strength in omnichannel business communications with eSource Capital’s expertise in cloud digital transformation. Together, they aim to provide businesses across the Americas with a comprehensive solution that not only optimizes payroll delivery but also ensures compliance with local regulations, guaranteeing that every transaction is backed by complete audits.

About DANAconnect

DANAconnect is a North American company and a leader in communication automation for financial companies through its omnichannel platform. It sends communications to more than 10% of the population of the Americas every month, ensuring secure deliveries, traceability, and large-scale regulatory compliance.

About eSource Capital

eSource Capital is a leading Google Cloud partner in Latin America, specializing in digital transformation and cloud solutions. With a focus on Google Workspace and Google Cloud, eSource Capital helps companies optimize their operations in the digital environment.

Media Contact

Fabiana Arroyo, DANAconnect Corp., 1 8556003262, info@payrolltrace.com, https://www.payrolltrace.com

Twitter, LinkedIn

View original content to download multimedia:https://www.prweb.com/releases/danaconnect-and-esource-capital-launch-payrolltrace-for-digital-payroll-compliance-302254651.html

SOURCE DANAconnect Corp.

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Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

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9 hours ago

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September 22, 2024

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Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-announces-optical-patching-solutions-for-genai-networks-using-nvidia-accelerated-computing-302254640.html

SOURCE Siemon

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AMSimpkins & Associates Awarded Wisconsin Technical Purchasing Consortium Contract RFB 25-002TP – for Identity Verification Solutions

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10 hours ago

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September 22, 2024

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AMSimpkins & Associates has been awarded the Wisconsin Technical Colleges Purchasing Consortium (WTC-PC) contract for Identity Verification Solutions. This partnership includes providing their advanced S.A.F.E. (Student Application Fraudulent Examination) platform to 16 Wisconsin technical colleges, enhancing security and safeguarding against fraudulent student applications. With a focus on higher education, AMSA aims to support these institutions in maintaining the integrity of their admissions processes and preventing identity fraud. This collaboration underscores AMSA’s commitment to delivering innovative solutions tailored for the education sector.

ATLANTA, Sept. 22, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates is proud to announce its selection by the Wisconsin Technical College System Purchasing Consortium (WTC-PC) to provide Identity Verification Solutions through the S.A.F.E. platform. The WTC-PC comprises 16 independent, publicly funded two-year technical colleges across Wisconsin, including Blackhawk Technical College, Chippewa Valley Technical College, Fox Valley Technical College, and Milwaukee Area Technical College, among others.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSA. This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

With a focus on preventing identity fraud, AMSimpkins & Associates’ comprehensive solutions will strengthen the security measures across admissions, enrollment, and financial aid processes, ensuring secure verification and compliance with federal and state regulations. S.A.F.E. will now support Wisconsin’s higher education system, offering its cutting-edge technology to streamline operations and safeguard student data.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSimpkins & Associates,” said Maurice Simpkins, President and Founder. “This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

As part of this agreement, AMSimpkins & Associates will deliver comprehensive services, including system integration, training, and ongoing support to ensure seamless implementation. S.A.F.E.’s capabilities are designed to evolve with growing threats of fraudulent activities, keeping institutions one step ahead in securing student identities.

Institutions in the Wisconsin Technical College System:

Blackhawk Technical CollegeChippewa Valley Technical CollegeFox Valley Technical CollegeGateway Technical CollegeLakeshore Technical CollegeMadison Area Technical CollegeMid-State Technical CollegeMilwaukee Area Technical CollegeMoraine Park Technical CollegeNicolet Area Technical CollegeNorthcentral Technical CollegeNortheast Wisconsin Technical CollegeNorthwood Technical CollegeSouthwest Wisconsin Technical CollegeWaukesha County Technical CollegeWestern Technical College

The S.A.F.E. platform’s advanced identity verification services will play a pivotal role in securing sensitive data and ensuring a safe and fraud-free environment for Wisconsin’s technical colleges and their students.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com.

Media Contact

LAQWACIA SIMPKINS, AMSimpkins & Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, amsa-highered.com

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View original content:https://www.prweb.com/releases/amsimpkins–associates-awarded-wisconsin-technical-purchasing-consortium-contract-rfb-25-002tp—for-identity-verification-solutions-302253867.html

SOURCE AMSimpkins & Associates

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