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Pluribus Technologies Corp. Announces Departure of CFO

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TORONTO, Oct. 24, 2024 /CNW/ – Pluribus Technologies Corp. (TSXV: PLRB) (“Pluribus” or the “Company”) announces that Nancy Fahy has resigned as the Chief Financial Officer of the Company, effective December 21, 2024, to pursue other career opportunities. Ms. Fahy will continue to serve as Chief Financial Officer until her departure. The Company thanks Ms. Fahy for her service and wishes her continued success in her future endeavors.

About Pluribus Technologies Corp.

Pluribus is a technology company that is a value-based acquirer and operator of small, profitable business-to-business technology companies in a range of verticals and industries. Pluribus provides its acquisitions access to experienced sales and marketing resources, strategic partnership opportunities, a diverse portfolio of customers in different geographical markets and enabling technologies to create new revenue streams and provide the opportunity for these companies to grow in their respective markets. When market conditions are conducive to raising capital at reasonable costs, Pluribus focuses on rapidly acquiring and integrating new acquisitions to accelerate growth. When the environment does not support this, Pluribus focuses on implementing strategies to maximize organic growth and increase cashflow from operations in its existing portfolio companies. For more information, please visit: pluribustechnologies.com.

Forward-Looking Information

Certain information in this press release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or negatives of these terms and similar expressions.

Forward-looking statements are based on certain assumptions, including the Company’s ability to manage a complex portfolio of companies effectively; and the Company’s ability to raise sufficient financing to continue its acquisition strategy. Other assumptions include industry trends, the availability of growth opportunities, and general business, economic, competitive, political, regulatory and social uncertainties will not prevent the Company from conducting its business. While the Company considers these assumptions to be reasonable based on information currently available, they are inherently subject to significant business, economic and competitive uncertainties and contingencies and they may prove to be incorrect. Forward-looking information speaks only to such assumptions as of the date of this press release.

Readers are cautioned that the foregoing is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ from those anticipated. Forward-looking statements are not guarantees of future performance. The purpose of forward-looking information is to provide the reader with a description of management’s expectations, and such forward-looking information may not be appropriate for any other purpose. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

Contact:

Diane Pedreira
Chief Operating Officer
Pluribus Technologies Corp.
1 (800) 851-9383

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SOURCE Pluribus Technologies Corp.

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Tier 1! Risen Energy Storage Recognized on BloombergNEF’s Global Tier 1 List

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NINGBO, China, Oct. 25, 2024 /PRNewswire/ — On October 23, 2024, BloombergNEF (BNEF) released its Q4 2024 Global Tier 1 Energy Storage Manufacturers list, where Risen Energy Storage has once again been recognized as a Tier 1 global energy storage manufacturer. This distinction highlights Risen’s commitment to delivering superior products, exceptional project performance, and building a trusted global brand.

BNEF, a leading third-party research organization, is widely recognized for its reports that serve as critical references for decision-making in the renewable energy sector. In the highly competitive European and North American markets, Tier 1 status is often regarded as a key factor when selecting strategic partners.

Driving Global Innovation in Energy Storage

With 18 years of expertise in lithium battery technology, Risen Energy has consistently focused on innovation to address the unique needs of diverse markets. The company offers comprehensive energy storage solutions, covering batteries, modules, PACK, PCS, BMS, EMS, and system integration. These solutions are designed to support both commercial and industrial clients, as well as large-scale energy storage projects.

Supported by 8 production bases and 24 service centers worldwide, Risen Energy’s projects are successfully operating across multiple regions, including Europe, the Americas, Southeast Asia, and Australia. This recognition further reinforces Risen’s leadership in innovation, project management, and customer service on a global scale.

Customer Confidence and Brand Recognition

One of Risen Energy’s long-term partners shared, “Risen’s energy storage solutions have been integral to our operational stability and innovation efforts. We’re excited to see them recognized again as a Tier 1 manufacturer, solidifying the foundation for our future collaboration.”

This Tier 1 recognition not only underscores Risen Energy’s technical excellence but also highlights the company’s strong project execution and commitment to customer satisfaction. Through efficient project management and robust financial strength, Risen continues to expand its global footprint.

Looking Forward: Leading the Future of Energy Storage through Innovation

Risen Energy remains committed to its vision of “Empowering Green Energy for a Better Life.” The company will continue to invest in R&D and enhance its project management capabilities, driving sustainable energy solutions for a global audience. By providing smarter, more efficient energy storage solutions, Risen aims to play a critical role in the ongoing energy transition worldwide.

Photo – https://mma.prnewswire.com/media/2540300/Tier1_EN.jpg

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Infobip and Singtel Partner to Advance Customer Engagement for Singapore Businesses with Rich Communication Services

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SINGAPORE, Oct. 25, 2024 /PRNewswire/ — Businesses in Singapore can now deliver next-generation customer experiences through rich, interactive messaging, thanks to a new partnership between global cloud communications platform Infobip and Asia’s leading communications technology group, Singtel. Rich Communication Services (RCS) marks a significant step forward in business messaging, empowering companies to transform ordinary mobile messages into interactive brand experiences that drive deeper customer engagement and boost conversions.

RCS is an evolution from SMS that delivers the advanced capabilities of over-the-top (OTT) messaging apps. This next-generation technology allows businesses in industries such as banking and finance, gaming, retail, and ecommerce to engage with customers in entirely new ways, offering:

Enhanced engagement: RCS empowers businesses to send rich media messages, including images, videos, and carousels, creating a more captivating and interactive experience for customers. Branded messaging options further enhance trust and recognition, fostering stronger customer relationships.Seamless interactivity: RCS facilitates two-way communication, allowing customers to respond directly within messages or perform actions like booking appointments or making purchases without leaving the messaging interface. This streamlined approach enhances convenience and satisfaction.

As an experienced communication platform provider, Infobip works closely with telecoms globally to provide RCS to businesses, as it had already done successfully across Europe and Latin America. Leveraging this experience and expertise, businesses in Singapore can confidently roll out RCS services and capitalize on these benefits.  

“Companies want to better engage their customers in more interactive ways, especially on their mobile devices. RCS provides customers with more personalized communication that will help businesses build stronger relationships and drive business results. We look forward to empowering organizations with this capability to help them build brand affinity with their customers.” said Terence Lai Tuck Leong, VP of Digitalisation, Products and Partnerships, Singtel Singapore

“The introduction of RCS messaging marks a significant step for customer engagement in Singapore as businesses aim to elevate their communications to meet evolving consumer expectations. Singtel’s deep understanding of the Singaporean market, combined with Infobip’s global experience and expertise in RCS, will empower local businesses to connect with customers securely through rich, branded two-way conversations,” said Lim Jiun Kei, Head of Operator Partnership Region at Infobip.

About Infobip

Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey. Accessed through a single platform, Infobip’s omnichannel engagement, identity, user authentication and contact centre solutions help businesses and partners overcome the complexity of consumer communications to grow business and increase loyalty. It offers natively built technology with the capacity to reach over seven billion mobile devices and ‘things’ in 6 continents connected to over 9,700+ connections of which 800+ are direct operator connections. Infobip was established in 2006 and is led by its co-founders, CEO Silvio Kutić, Roberto Kutić and Izabel Jelenić.

Recent award wins include:

Infobip named a Leader in the Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS) 2024 for the second year running (June 2024)Infobip named to Fast Company’s Annual List of the World’s Most Innovative Companies (March 2024)Infobip named a leader in the CPaaS Leaderboard, Juniper Research (March 2024)Infobip ranked as number one Communications Platform as a Service (CPaaS) provider, in the inaugural MetriRank CPaaS Report from Metrigy (Dec 2023)Infobip named a leader in the CCaaS Leaderboard, Juniper Research (Dec 2023)Omdia Ranks Infobip as Leader for the second year running in its CPaaS Universe Report (Nov 2023)Infobip named a Leader in the Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS) 2023 (Sept 2023)Infobip named a leader in the Juniper Customer Data Platform Leaderboard Report (July 2023)Infobip named a Leader in the IDC MarketScape: Worldwide Communications Platform-as-a-Service (CPaaS) 2023 Vendor Assessment (May 2023)

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SOURCE Infobip

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Global development relies on cooperation

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Communication and unity are essential for securing future stability, prosperity

BEIJING, Oct. 25, 2024 /PRNewswire/ — The article has been published by China Daily on Oct. 25:

“Our world is at a crossroads. We must decide whether to maintain the status quo and face potential self-destruction or chart a new course toward global unity by making significant changes to save our civilization.”

Above are the words of Essam Sharaf, former prime minister of Egypt, who delivered a speech at the Global Strategic Dialogue 2024: Responsibilities of Major Countries Amid a Dynamic Global Landscape, jointly hosted by the Chinese Academy of Social Sciences and China Daily in Beijing on Thursday.

Sharaf stressed that in today’s highly interconnected world, “a collapse of a country or a region may lead to a global collapse.” Unfortunately, developed nations seldom consider this, he said, nor do they care much about the developing ones.

“It’s time to emphasize that the challenges we encounter as a global community require global cooperation without any exclusions,” he said.

Sharaf spoke highly of China’s initiative to build a community with a shared future for humanity and insisted that global diversity is key to the advancement of the world’s civilizations.

The former prime minister talked about the path of Chinese modernization, raising key points such as connectivity, trust, peace, development and prosperity and showcased how these values have helped China turn dreams into reality.

“What applies in China could be transferred to the world,” he said.

Gao Xiang, president of the CASS, said developed nations need to take an active role in fostering global relations.

“Major powers should enhance communication and collaboration, respect interests and major concerns, effectively manage control and actively build a new type of international relationship characterized by non-conflict, non-confrontation, mutual respect and win-win cooperation,” Gao said. “And the international community should strengthen unity and cooperation, adhere to the principle that all countries — big or small — are equal, practice genuine multilateralism and promote the development of an international order that is more just and reasonable.”

Qu Yingpu, publisher and editor-in-chief of China Daily, stressed the need for international cooperation to address problems.

“Faced with the myriad of emerging risks and challenges, how to adapt to situations, promote peace and seek development are common concerns for the international community,” he said in his keynote speech. “This requires not only major countries to play a leading role, but also cooperation among all nations.” 

Qu also called for global media and think tanks to join hands to deepen understanding and cooperation among countries, stand on the right side of history, support the progress of human civilization and promote the construction of a community with a shared future for humanity.

Still, conflicts may arise among world powers, said Fedor Voytolovskiy, director of the Institute of World Economy and International Relations of the Russian Academy of Sciences, in his speech.

He called for an emerging polycentric world order, saying it could serve as a new model of globalization based on the rise of new centers of global value chains, FDI and international trade, and the emergence of China as a global economic and technological power. It could also further strengthen global and regional governance institutions such as BRICS, the Shanghai Cooperation Organization and the G20.

Domenico Lombardi, professor and director of the Policy Observatory at LUISS University in Italy, also stressed the importance of a new major-power relationship, saying that the concept of economic decoupling, particularly between the United States and China, presents a significant risk that could reverberate through all sectors of the global economy.

“Such a shift could lead to inefficiencies and increased costs, impacting global growth negatively that no one can simply afford,” he said.

He cited the trade relationships between European Union countries and China as an example, which have strengthened lately despite appearances to the contrary, including disputes over China’s exportation of its electric vehicles.

Sharaf said he doesn’t believe that China is looking to engage in any conflicts with other nations. He said he was talking with a Chinese friend recently about how China is a peaceful country. 

“Don’t expect that China will go to war,” Sharaf said. “He (the friend) assured that China will provide all assistance for peacekeeping.”

Amitav Acharya, distinguished professor of international relations with the School of International Service at American University, said developed nations would do well to remember that their success is due in part to the knowledge they’ve learned from their lesser-developed counterparts.

“The West should accept that its rise to global dominance would not have been possible without borrowing from the ideas and approaches of other civilizations,” he said in his speech. “Both the West and the rest have learned from each other, and this mutual learning among civilizations is a far more persistent feature of world history than the ‘clash of civilizations’.”

Contact the writers at zhangzhouxiang@chinadaily.com.cn

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SOURCE China Daily

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