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OpenText Recognized as One of the World’s Top Companies for Women by Forbes for the Second Consecutive Year

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Company ranks in the top 20% of global companies included on this year’s list

WATERLOO, ON, Oct. 29, 2024 /CNW/ — OpenTextTM (NASDAQ: OTEX), (TSX: OTEX) today announced it has been named one of the World’s Top Companies for Women 2024 by Forbes. The list, which is generated by Forbes in partnership with Statista, celebrates global companies that support women in the workplace. OpenText, which has been named to the list for the second consecutive year, ranked within the top 20% of global companies.

Companies who received this recognition were evaluated through multiple globally administered independent surveys of approximately 100,000 women. Survey participants were asked questions on a variety of gender-related workplace topics, and additional factors such as public opinion and leadership were also considered in this year’s ranking methodology.  

“We are honored to be recognized as one of the World’s Top Companies for Women,” said Mark J. Barrenechea, CEO & CTO of OpenText. “While some corporations are questioning their commitment to Diversity, Equity and Inclusion, OpenText is not. Our culture centers on performance, fairness, and being practical. We strive to unlock the voice and potential in each of our employees, in the context of our business, and believe this is essential to be a top innovator and performer.”

Through the OpenText Zero-In Initiative, OpenText has declared strong commitments under its Zero Barriers pillar which include a majority ethnically diverse workforce and 50/50 gender parity in key roles by 2030 as well as 40% women in leadership across all management levels by 2030. By leveraging key programs that focus on recruitment and retention strategies, women in leadership, mentorship, and uplifting the company’s largest Employee Network Group, Worldwide OpenText Women (WOW), OpenText is making positive progress against these goals. More information on the OpenText Zero-In Initiative is available in the company’s annual Corporate Citizenship Report.

“Diversity advances collaboration, drives innovation, and accelerates growth,” added Barrenechea. “We are extremely proud of our inclusive and award-winning culture here at OpenText and we will continue to create a work environment where all employees feel valued, and each person can thrive.”

Forbes recognition of OpenText as one of the World’s Top Companies for Women 2024 is the latest in a series of impressive achievements awarded to the company. Additional recent award wins also include:

Being named one of the World’s Top Employers 2024 by Forbes earlier this month for the fifth consecutive year. This award celebrates companies that offer engaging work, opportunities for growth and career advancement, and much more.Ranking third in our industry category on the inaugural Canada’s Most Responsible Companies 2025 ranking, a list generated by Newsweek and Statista which honors organizations for their commitment to climate, social welfare, and a responsible governance.Recognition for the second year in a row as one of the World’s Best Companies 2024 by TIME, which identifies top performing companies across three primary dimensions: employee satisfaction, revenue growth, and sustainability.

For more information on how OpenText is fostering an inclusive and award-winning culture, or to get an inside look at life as an OpenText and learn more about current career opportunities visit the newly redesigned OpenText Career page at careers.opentext.com.

About OpenText 
OpenText™ is the leading Information Management software and services company in the world. We help organizations solve complex global problems with a comprehensive suite of Business Clouds, Business AI, and Business Technology. For more information about OpenText (NASDAQ/TSX: OTEX), please visit us at www.opentext.com. 
 
Connect with us: 
OpenText CEO Mark Barrenechea’s blog 
Twitter | LinkedIn 
 
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText’s current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText’s assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, readers should note that we may announce information using our website, press releases, securities law filings, public conference calls, webcasts and the social media channels identified on the Investors section of our website (https://investors.opentext.com). Such social media channels may include the Company’s or our CEO’s blog, Twitter account or LinkedIn account. The information posted through such channels may be material. Accordingly, readers should monitor such channels in addition to our other forms of communication. 
 
Copyright © 2024 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents. 

OTEX-G

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SOURCE Open Text Corporation

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2024 Financial Oscars: Waton Securities International Honored as “Outstanding Digital Empowerment Institution” of the Year

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SHENZHEN, China, Dec. 25, 2024 /PRNewswire/ — In early December, at the 18th Huaxia Institutional Investor Annual Conference of 2024, the 18th Golden Cicada Awards were announced. Waton Securities International was awarded the “Outstanding Digital Empowerment Financial Institution of 2024” for its significant achievements in securities brokerage and fin-tech sector.

The selection for the “Outstanding Digital Empowerment Financial Institution” focused on evaluating companies based on financial performance, market competitiveness, customer recognition, digital strategy planning and implementation, digital transformation outcomes, and risk control capabilities. Particularly, it highlighted cases that have made significant strides in digital empowerment.

The evaluation also emphasized the outstanding performance of financial institutions in their own digital transformation and the sound risk control abilities demonstrated during this process, ensuring that while pursuing innovation, companies can effectively manage and control risks. Waton Securities International distinguished itself among the contenders with its sophisticated technology platform, well-defined digital strategy, substantial transformation achievements, and commendable risk control mechanisms.

Established in Hong Kong in 1989, Waton Securities International has steadily grown with a deep understanding of professional financial services and regulatory compliance. It has obtained licenses 1/4/5/9 from the Hong Kong Securities and Futures Commission, becoming a fully licensed brokerage with comprehensive financial service qualifications. Through continuous technological innovation and digital transformation, it has successfully built a one-stop brokerage cloud service platform, promoting advanced digital financial technology globally. Its pioneering SaaS product, “Broker Cloud”, allows corporate clients to independently deploy and operate high-performance digital customer information management and trading systems without their own IT teams. The solution is relatively low-cost and adaptive to industry, which is the core competitiveness of Waton Securities International.

Data reveals that of the 1,100 securities firms in Hong Kong, approximately 600 are actively trading, yet fewer than 50 have developed their own mobile applications. On a global scale, among the 30,000 securities companies, only a handful—less than 300—feature brokerage trading Apps in App stores. This underscores a significant market demand for the digital enhancement of the securities sector.

With the swift growth of technologies like generative AI LLMs, blockchain, big data, and cloud computing, the securities industry can use these tools to streamline trading strategies, assess risks more accurately, and forecast market trends. These technologies also help the industry to move towards more integrated, platform-focused, and digital operations. The main goal of technology in finance is to increase the efficiency of financial institutions. A good starting point for applying technology is to focus on financial services and build a solid technical foundation for these institutions.

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SOURCE Waton Securities

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Mega Matrix Announced that the English Version of “Getting Even: The Secret Prodigy’s Playbook” Now Streaming on FlexTV

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SINGAPORE, Dec. 25, 2024 /PRNewswire/ — The highly anticipated English adaptation of the revenge rebirth series, Getting Even: The Secret Prodigy’s Playbook, officially premiered on December 19th on FlexTV, the world-leading short drama streaming platform operated by Mega Matrix Inc. (NYSE American: MPU). The series delves into the intricacies of power struggles within the White family, chronicling the protagonist’s journey of rebirth and empowerment to rewrite her destiny.

Audrey White, the legitimate daughter of the White family, was sent abroad at a young age due to family circumstances, gradually estranging her from her kin. When she finally returns home, eager to reunite with her family, she unexpectedly becomes the target of jealousy from Ruby White, the family’s adopted daughter. Harboring deep resentment, Ruby orchestrates a kidnapping plot, culminating in a devastating fire designed to test the loyalty and affection of the White family.

Left to perish in the flames, Audrey is abandoned by her family but heroically rescued by her uncle. Miraculously, she is granted a second chance at life, returning three years prior with the power to alter her fate. Determined to expose Ruby’s schemes, rebuild her family bonds, and claim her rightful respect and happiness, Audrey embarks on a journey of resilience and redemption.

FlexTV, operated by MPU, is a global leader in short drama streaming, delivering content in over 100 countries in multiple languages, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. Known for its premium-quality dramas and unparalleled user experience, FlexTV has captured the hearts of audiences worldwide. The English version of Getting Even: The Secret Prodigy’s Playbook, now streaming on FlexTV, offers a compelling exploration of familial power dynamics, the complexities of human nature, and the protagonist’s growth and self-redemption in adversity. For more exciting content, please visit https://www.flextv.cc/.

#WealthyFamily #Revenge #Rebirth #ShortDrama #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or 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; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; 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 “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, 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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Xinjiang Kashgar distribution grid achieves “minute-level self-healing” for the first time

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KASHGAR, China, Dec. 25, 2024 /PRNewswire/ — On December 23, the State Grid Kashgar Power Supply Company successfully implemented the operation of accurate isolation of fault areas and rapid restoration of power supply in non-fault areas on the 10kV Zao Line and Zazhen Line, marking a major breakthrough in the fault handling of the Kashgar power grid and achieving “minute-level self-healing” for the first time.

In the past, when the 10 kV distribution line failed, the emergency repair personnel needed to patrol the site, judge the fault location, and then manually operate to restore the power supply in the non-fault area. The whole process took a long time. The construction and commissioning of the self-healing line has greatly shortened the time of fault search and isolation through network topological analysis, from “hourly level” to “minute level”, effectively reducing the power outage perception of users in non-fault sections. Since the beginning of this year, the State Grid Kashgar Power Supply Company has closely focused on the practical construction of distribution network automation, so as to achieve the goal of “non-stop power, less power failure, and fast power recovery” for users, and continued to promote the automation construction of the distribution network. A total of 3,200 “three remote” terminal access and debugging have been completed, achieving a terminal access rate of 98.28%, and the online rate has been steadily increased to 95.8%. Combined with the maintenance plan, mode adjustment, accident remote control disposal operation 825 times, and the remote control success rate is 90.68%.

In the next step, the State Grid Kashgar Power Supply Company will summarize the experience of the construction of feeder automation, steadily improve the effective coverage of feeder automation, and make every effort to promote the construction of power distribution automation, aiming to comprehensively improve the intelligence level of the Kashgar distribution grid and provide more reliable and efficient power services for local residents.

 

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SOURCE State Grid Kashgar Power Supply Company

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