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Fosi Audio Launches the ZD3 Flagship Fully Balanced Desktop DAC: A Gift for Its 7th Anniversary

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NEW YORK, Nov. 1, 2024 /PRNewswire/ — Fosi Audio, a leading brand in the HiFi audio field, has focused on the “voice of the customer” as its core driving force since its founding seven years ago. Through co-creation with its users, Fosi Audio has launched a series of audio products beloved by audiophiles worldwide, such as the ZA3 and V3 Mono mini amplifiers. With a user-centered development philosophy, compact and refined design style, and exceptional value, Fosi Audio is driving innovation and transformation in the HiFi audio industry.

ZD3 DAC: A 7th Anniversary Tribute

In response to the growing demand for a more refined listening experience, Fosi Audio has launched its flagship product, the ZD3 fully balanced desktop DAC. This new product is not only an important milestone for Fosi Audio in expanding its audio product category, but also a sincere gift to customers on the occasion of the brand’s 7th anniversary.

The ZD3 perfectly blends high performance and exquisite design. Equipped with top-tier chips (including XMOS XU316, ESS9039Q2M, QCC3031, and LME49720) and advanced balanced circuit technology, it ensures pure and transparent audio output. In terms of appearance, the ZD3 inherits the elegant design language of the ZA3, featuring geometric elements and color accents that exude a sophisticated and professional vibe. The product supports five digital input options and offers both single-ended and balanced outputs, providing flexibility for various usage scenarios. In terms of sound quality, the ZD3 brings every note to life and offers audiophiles an unprecedented listening experience.

Global Attention and Industry Acclaim

Since its launch, the ZD3 has received widespread acclaim for its exceptional sound quality and versatility. During the pre-sale period, the product sold over 1,000 units, with orders from over 100 countries, demonstrating the strong market demand for this flagship product.

The launch of the ZD3 has attracted significant attention from the industry. Renowned audio reviewers and influencers such as Cheapaudioman, Z Reviews, A British Audiophile, and Toids DIY Audio have conducted in-depth reviews and reports on the ZD3. User Mariusz Stark commented, “Great looks, great value, great sound. Add linear power supply. Swap op-amps for Sparkos. Add supper capacitor power bank and elevate performance to new levels. ARC HDMI is unheard of in this price range and a welcomed feature for many.” The success of the ZD3 highlights Fosi Audio’s outstanding R&D capabilities and once again validates the value of deep co-creation between the brand and its users.

Limited-Time Offer: Unlock Your Personalized Audio Experience

The ZD3 is now available on major online shopping platforms with a limited-time discount. During the launch period, each user will receive three JRC4580D op-amps as a gift, allowing them to explore different sound signatures brought by various op-amps and further customize their listening experience.

Brand Vision: Building a Global Audio Ecosystem

Ryan Huang, founder of Fosi Audio, stated that the brand is committed to providing high-quality audio solutions for global users, continuously innovating products, and enhancing user experience. Through close interaction with global audiophiles, Fosi Audio is building a vibrant audio ecosystem with the goal of becoming a world-leading audio brand.

About Fosi Audio

Driven by its mission of “Redefining HiFi with Unmatched Value”, Fosi Audio is dedicated to developing and delivering amazing HiFi gear with innovative designs, cutting-edge technology, high value, and premium quality, all backed by a 24-month warranty for audio enthusiasts worldwide. Fosi Audio has earned the sincere recognition of many audiophiles and well-known media, such as Wirecutter, How-to Geek, TNT-Audio, Headphonesty, and authoritative forums like Audio Science Review, as well as renowned HiFi audio influencers around the world.

For more information, please visit:

Official Website: https://www.fosiaudio.com/

Official Facebook community: https://www.facebook.com/fosiaudioglobal

Official YouTube channel: https://www.youtube.com/@fosiaudio

PR contact:

Email: marketing@fosiaudio.com

 

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SOURCE FOSI INTERNATIONAL CO., LIMITED

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INTOUCH INSIGHT ANNOUNCES Q3 2024 FINANCIAL RESULTS

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OTTAWA, ON, Nov. 21, 2024 /CNW/ – Intouch Insight Ltd, (“Intouch” or “the Company”) (TSXV: INX) (OTCQX: INXSF) a leader in customer experience measurement solutions, today announced financial results for the quarter ended September 30, 2024.

Key highlights for Q3 2024

Revenue increased 18% to $6,656,664 compared to $5,634,594 in Q3 2023.Recurring services revenue increased 23% to $5,761,966 from $4,678,154 the prior year Q3.Gross margin increased to 48.2% from 41.7% in Q2 2024 due to the shift in product mix.SaaS revenues grew 9% organically.Operating expenses have grown 7% compared to prior year’s Q3 as acquisition integration efforts continue.Adjusted EBITDA remained positive increasing to $575,889 compared to $296,515 in Q2, 2024 and $509,762 in prior year Q3.

“Our financials illustrate that Intouch is a growing, profitable and financially self-sufficient business.  Sales and marketing efforts are building on our thought leadership and improving brand recognition, particularly in the key target market segments of Quick Serve Restaurants and Petro Convenience, as evidenced by recent mainstage speaking invitations for four industry events,” said Cameron Watt, President & Chief Executive Officer of the Company.

“This year will mark the second year in a row with revenues over $25 Million and we expect growth to continue well beyond this level into the future,” said Watt.

Consolidated Statements of Operations

Q3 2024

Q3 2023

Revenue

$    6,656,664

$    5,634,594

Cost of services

3,445,180

2,719,682

Gross margin

3,211,484

2,914,912

Total operating expenses

2,844,721

2,656,381

Income from operating activities

366,763

258,531

Non-operating (expenses) income 

87,297

(83,076)

Income tax recovery (expense)

Net income (loss)

$       454,060

$       175,455

About Intouch Insight

Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America’s most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit intouchinsight.com.

Certain statements included in this news release contain forward looking statements that are made of the date hereof, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Such statements reflect the Company’s current views with respect to future events, including the acquisition, future revenues and references to the Company’s expansion and growth of the business and operations, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management warns the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. Please refer to the risks set forth in the Company’s most recent annual MD&A and the Company’s continuous disclosure documents that can be found on SEDAR at www.sedar.com.   The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

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

SOURCE Intouch Insight Ltd.

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Beacon Healthcare Systems Expands Leadership Team with Addition of Ayman Mohamed as Chief Technology Officer

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HUNTINGTON BEACH, Calif., Nov. 21, 2024 /PRNewswire/ — Beacon Healthcare Systems, is pleased to announce the appointment of Ayman Mohamed as its new Chief Technology Officer, effective November 18, signaling a new direction in innovation and technology leadership. With over 20 years of senior leadership, strategic, and operational product management experience, Ayman brings a wealth of knowledge and expertise to the role.

Beacon Healthcare Systems Expands Leadership Team with Addition of Ayman Mohamed as Chief Technology Officer

Ayman Mohamed is a seasoned technology leader with a proven track record of launching innovative products in new and existing markets, generating significant revenue streams, and creating profitable enterprises. His passion for building high-quality products and commitment to servant leadership have earned him a reputation for building trust and fostering collaborative, high-performing teams.

Throughout his career, Ayman has demonstrated a deep understanding of software architecture and broad hands-on technical skills. He has successfully helped organizations succeed, with experience spanning startups and larger companies in the San Francisco Bay and Washington DC metro areas. In his new role at Beacon Healthcare Systems, Ayman will lead engineering and delivery teams, develop a product roadmap, and lead technology development, testing, and implementation efforts.

“We are thrilled to have Ayman join Beacon Healthcare Systems at this pivotal time. Our vision is to harness cutting-edge technologies to enhance our products, implementations, and continue to give our clients the level of quality they expect,” said Todd Petersen, CEO.

Ayman Mohamed’s previous roles include leadership positions at Amazon Web Services, American Well, Avizia, Intersections Inc, Zumetrics, Moasis Global, and Ultra Zoom Technologies. His strategic and operational skills, combined with his ability to thrive in dynamic environments and his bias for action, make him an invaluable asset to Beacon Healthcare Systems.

About Beacon Healthcare Systems. Beacon Healthcare Systems streamlines the business of healthcare through reliable innovative SaaS technology delivered by industry experts. With a focus on appeals and grievances, compliance, and analytics, Beacon HCS is the first place health plans turn when looking for a trusted, experienced partner that can help them reduce costs, grow revenue, and achieve their strategic goals. Founded in 2011, Beacon HCS is a privately held California-based company. Visit our website at www.beaconhcs.com

Media Contact: 9048744189 | Dkroog@beacon@beaconhcs.com 

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SOURCE Beacon Healthcare Systems

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NASA Awards Test Operations Contract

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WASHINGTON, Nov. 21, 2024 /PRNewswire/ — NASA has selected Sierra Lobo, Inc. of Fremont, Ohio, to provide for test operations, test support, and technical system maintenance activities at NASA’s Stennis Space Center near Bay St. Louis, Mississippi.

The NASA Stennis Test Operations Contract is fixed-price, level-of-effort contract that has a value of approximately $47 million. The performance period begins July 1, 2025, and extends three years, with a one-year base period and two one-year option periods.

The contract will provide test operations support for customers in the NASA Stennis test complex. It also will cover the operation and technical systems maintenance of the high-pressure industrial water, high-pressure gas, and cryogenic propellant storage support areas, as well as providing welding, fabrication, machining, and component processing capabilities.

NASA Stennis is the nation’s largest propulsion test site, with infrastructure to support projects ranging from component and subscale testing to large engine hot fires. Researchers from NASA, other government agencies, and private industry utilize NASA Stennis test facilities for technology and propulsion research and developmental projects.

For information about NASA and other agency programs, visit:

https://www.nasa.gov

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SOURCE NASA

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