SEOUL, South Korea, May 10, 2025 /PRNewswire/ — Graid Technology is pleased to announce its participation in AI EXPO KOREA 2025, Asia’s premier artificial intelligence exhibition, held from May 14–16 at COEX Hall A in Seoul. During this prestigious event, Graid will showcase its comprehensive solutions in AI and high-performance computing (HPC) storage, demonstrating how SupremeRAID™ is revolutionizing data infrastructure for next-generation workloads. Founded in Silicon Valley in 2021, Graid Technology has quickly become a trailblazer in the storage industry, pioneering GPU-based RAID data protection acceleration, which offers unparalleled speed, security, and reliability—outpacing traditional RAID technologies.

Backed by two U.S. patents, Graid’s technology excels in both speed and security. The first patent, Data Transmission and Protection System and Method Thereof, introduces a GPU-based RAID controller that eliminates data bottlenecks between applications and SSDs, significantly enhancing transfer speeds compared to traditional solutions. The second patent, granted in April 2025, Distributed Journaling for Write Operations to RAID Systems, focuses on a breakthrough in data integrity, ensuring critical data is protected and quickly recoverable in the event of a system crash or unexpected shutdown—setting a new benchmark for RAID data protection.

Graid Technology will also highlight its edge-to-cloud strategy, delivering next-generation infrastructure across the AI pipeline. On the edge, Graid will unveil one of the most powerful edge computing workstations, Supreme100, at the show—supporting eight Gen5 NVMe SSDs and a 450W GPU, the system delivers transfer speeds up to 100GB/s, with quiet acoustics suitable for office environments. In the cloud, Graid’s HPC cluster solution integrates the SR-1010 with BeeGFS over InfiniBand, achieving 80GB/s speeds with scalable capacity and linear performance. Built-in high-availability (HA) services reduce infrastructure costs while maintaining optimal uptime—ideal for AI, HPC, and ML workloads.

At AI expo Korea, Graid will collaborate with leading partners Infinitix and Teratec to present a comprehensive AI ecosystem. Infinitix will showcase its flagship platform AI-Stack, which enhances GPU resource utilization across AI development and deployment workflows. Widely adopted across industries including finance, healthcare, and semiconductors, Infinitix is making its AI EXPO debut, emphasizing its strategic expansion in Korea. Teratec, a leading Korean technology provider, specializes in HPC, enterprise networking, and IT infrastructure, delivering integrated platforms that power scalable AI and analytics solutions for local enterprises.

Visit Graid Technology at Booth K27 to discover how next-gen storage and infrastructure are powering the future of AI.

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SOURCE Graid Technology Inc.

MARLBOROUGH, Mass., May 9, 2025 /PRNewswire/ — ConnectM Technology Solutions, Inc. (OTC: CNTM) (“ConnectM” or the “Company”), a high-growth technology company on the leading edge of the energy economy, today issued the following letter to shareholders:

Dear ConnectM Community, 

As promised, I would like to provide some more details on my team’s plan to regain compliance and re-list on Nasdaq. 

First, I want to reiterate that ConnectM’s fundamentals have not changed. Our operations and growth prospects are as strong as ever. We have several appealing capital raise, organic, and inorganic growth options available to us, and management will prudently evaluate these options in the best interest of our stockholders. I believe the future remains bright for ConnectM and our intrinsic value is well above our current market price and would like to outline a plan in a bit more detail.

As mentioned in yesterday’s release, to provide immediate liquidity to our stockholders, we have already down-listed to the OTC Pink Open Market and our stock can be traded through certain brokerage accounts, including Charles Schwab, Fidelity, E*Trade, and Interactive Brokers. Some of these platforms require user approval for OTC trading and users may need to adjust account settings and risk profiles so please check with your broker if you would like to trade our stock. 

Our team is currently laser focused on the filing of our Annual Report on Form 10-K, for the year ended December 31, 2024, followed by our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025.  Due to the growing nature of our business and the sophistication of some of our derivative financial instruments, the complexity of these reports has increased exponentially since 2023—as reflected by the 10X more hours our team has spent compiling them. Unfortunately, this has led to delays, but we believe we have put in the requisite controls and processes in place to file timely going forward. 

In parallel with the filing of our 10-K, management is evaluating all available options including applying to uplist from OTC Pink to a higher OTC exchange tier, whose listing rules require current reporting status. Trading on a higher OTC tier indicates to the market that the Company meets reporting standards and baseline governance. Unlike OTC Pink companies, higher tier OTC companies must remain current in their disclosures, thereby improving credibility and investor confidence. In parallel with an OTC uplisting, we intend to re- file our re-sale S-1 and continue to work with our investment bank and capital market advisor, ThinkEquity, on a capital raise plan to bring fresh growth capital into ConnectM. 

In conjunction with a capital raise process, our team will evaluate an IPO or uplisting back to Nasdaq or NYSE as soon as possible under the exchange listing rules. 

We are confident this process will result in a stronger, more resilient ConnectM. My management team and I want to reiterate our commitment to the company, our employees, our stockholders, and our community. ConnectM is a viable, strong, growing company and we will demonstrate this in due course. 

Please don’t hesitate to reach out with your questions via our contact information below: 

CNTM@redchip.com  

1-407-644-4256   

Sincerely Yours, 

Bhaskar Panigrahi 

About ConnectM Technology Solutions, Inc.

ConnectM is a constellation of companies powering the next generation of electrified equipment, mobility, and distributed energy—thus enabling a faster, smarter transition to a modern energy economy. The Company provides residential and light commercial service providers and original equipment manufacturers with a proprietary Energy Intelligence Network platform to accelerate the transition to all-electric heating, cooling, and transportation. Leveraging technology, data, artificial intelligence, and behavioral economics, ConnectM aims to lower energy costs and reduce carbon emissions globally.

For more information, please visit: https://www.connectm.com/

Cautionary Note Regarding Forward-Looking Statements 

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements on our current expectations and projections about future events. All statements, other than statements of present or historical fact included in this press release, regarding our future financial performance and our strategy, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “continue,” “project” or the negative of such terms or other similar expressions. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. We caution you that the forward-looking statements contained herein are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. In addition, we caution you that the forward-looking statements regarding the Company contained in this press release are subject to the risks and uncertainties described in the “Cautionary Note Regarding Forward-Looking Statements” section of the Current Report on Form 8-K filed with the Securities and Exchange Commission on July 18, 2024. Such filing identifies and addresses other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and ConnectM is under no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. 

Contact:

Investor Relations
Dave Gentry, CEO
RedChip Companies, Inc.
1-407-644-4256
CNTM@redchip.com

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SOURCE ConnectM Technology Solutions, Inc.

VANCOUVER, BC, May 9, 2025 /CNW/ – TELUS Corporation (TELUS) (TSX: T) (NYSE: TU) announced today that the nominees listed in TELUS’ 2025 information circular were elected as directors of TELUS. The detailed results of the vote for the election of directors held at TELUS’ annual meeting on May 9, 2025 (the Meeting) are set out below.

Each of the following 14 nominees proposed by management was elected as a director of TELUS:

Final voting results on all matters voted on at the Meeting will be published shortly on telus.com/agm, and filed with the Canadian and U.S. securities regulators.

About TELUS

TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company, generating over $20 billion in annual revenue with more than 20 million customer connections through our advanced suite of broadband services for consumers, businesses and the public sector. We are committed to leveraging our technology to enable remarkable human outcomes. TELUS is passionate about putting our customers and communities first, leading the way globally in client service excellence and social capitalism. Our TELUS Health business is enhancing more than 76 million lives worldwide through innovative preventive medicine and well-being technologies. Our TELUS Agriculture & Consumer Goods business utilizes digital technologies and data insights to optimize the connection between producers and consumers. Guided by our enduring ‘give where we live’ philosophy, TELUS, our team members and retirees have contributed $1.8 billion in cash, in-kind contributions, time and programs including 2.4 million days of service since 2000, earning us the distinction of the world’s most giving company.

For more information about TELUS, please visit telus.com, follow us at @TELUSNews on X and @Darren_Entwistle on Instagram.

For more information, please contact:
Jacinthe Beaulieu
TELUS Media Relations
Jacinthe.Beaulieu@telus.com

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SOURCE TELUS Communications Inc.