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ATRenew to Report Third Quarter 2024 Financial Results on November 20, 2024

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SHANGHAI, Nov. 6, 2024 /PRNewswire/ — ATRenew Inc. (“ATRenew” or the “Company”) (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced that it plans to release its unaudited financial results for the third quarter of 2024 before the U.S. market opens on Wednesday, November 20, 2024.

The Company’s management will hold an earnings conference call at 07:00 A.M. Eastern Time on Wednesday, November 20, 2024 (08:00 P.M. Beijing Time on the same day) to discuss the financial results. Listeners may access the call by dialing the following numbers:

International:

1-412-317-6061

United States Toll Free:

1-888-317-6003

Mainland China Toll Free:   

4001-206115

Hong Kong Toll Free:      

800-963976

Access Code:  

3668505

The replay will be accessible through November 27, 2024 by dialing the following numbers:

International:   

1-412-317-0088

United States Toll Free:  

1-877-344-7529

Replay Access Code:        

3972162

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://ir.atrenew.com.

About ATRenew Inc.

Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew’s open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China’s pre-owned consumer electronics industry. ATRenew is a participant in the United Nations Global Compact, and adheres to its principles-based approach to responsible business.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Among other things, quotations in this announcement, contain forward-looking statements. ATRenew may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ATRenew’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: ATRenew’s strategies; ATRenew’s future business development, financial condition and results of operations; ATRenew’s ability to maintain its relationship with major strategic investors; its ability to facilitate pre-owned consumer electronics transactions and provide relevant services; its ability to maintain and enhance the recognition and reputation of its brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in ATRenew’s filings with the SEC. All information provided in this press release is as of the date of this press release, and ATRenew does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

In China:
ATRenew Inc.
Investor Relations
Email: ir@atrenew.com 

In the United States:
ICR LLC.
Email: atrenew@icrinc.com
Tel: +1-212-537-0461

View original content:https://www.prnewswire.com/news-releases/atrenew-to-report-third-quarter-2024-financial-results-on-november-20-2024-302297174.html

SOURCE ATRenew Inc.

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BlackPearl Technology Unveils the Beacon: The Next-Generation Micro Power-Over-Ethernet Edge Gateway for Unmatched Data Aggregation and Connectivity

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BlackPearl Technology’s Beacon is a compact, PoE-powered gateway that extends the Zephyr gauge, supporting up to 200 sensors over a 15-mile range with secure data processing and seamless SCADA integration, redefining industrial IoT.

THE WOODLANDS, Texas, Nov. 6, 2024 /PRNewswire-PRWeb/ — BlackPearl Technology, Inc. is excited to announce the launch of the Beacon, an extended communications module for the award-winning Zephyr. It redefines edge gateway capabilities, offering unparalleled data aggregation and processing in an ultra-compact, PoE-powered micro device. Seamlessly bridge your wireless infrastructure to wired backends or SCADA systems with ease.

“The Beacon represents a quantum leap in edge gateway technology. By combining it with our Zephyr wireless gauge, we’ve created something truly revolutionary in the industrial IoT space,” said David Smith, Co-Founder & VP of Innovation at BlackPearl Technology, Inc.

Key Features and Benefits:

Powered by the Interceptor: Embedded Linux platform for customizable edge software and processing.Advanced LoRaWAN: Built-in concentrator with 15-mile range; network gateway and join server for isolated nodes – eliminates need for external gatewayMassive Aggregation: Collects data from thousands of sensors via WiFi, Bluetooth, and LoRaWAN – can support up to 200 ZephyrsVersatile Connectivity: Bi-directional communication; bridges wireless to wired systems; supports Modbus TCP/IP, RS-485, and MQTTRobust Security: Implements SSL/TLS support for secure data transmission and encrypted storageUser-Friendly Management: Features an embedded web server for easy configuration and updatesCloud Integration: Enables seamless compatibility with partner and private cloud platforms, supporting cloud-based device management for OTA diagnostics and configuration.Flexible Deployment: Adapts to both greenfield (new sensors) and brownfield (existing) systems, operating seamlessly in isolated environments without cloud connectivity.Industrial-Grade: Operates from -40°C to 85°C, comes in a Class 2, Division 2 enclosure (other enclosures available upon request)Edge Processing: Runs almost any edge application, processes data locally, and transmits only critical informationAvailability: Readily available and made in North America

“The Beacon represents a quantum leap in edge gateway technology. By combining it with our Zephyr wireless instrument gauge, we’ve created something truly revolutionary in the industrial IoT space. You have the Zephyr, which can support up to eleven different sensors in one explosion-proof package, communicating with a micro-sized PoE gateway that can handle up to 200 Zephyrs across a 15-mile range. This isn’t just another data collection system – it’s a complete edge-to-edge solution that can transform how industries handle remote monitoring,” said David Smith, Co-Founder and VP of Innovation at BlackPearl Technology.

“What makes this combination so powerful is its versatility and intelligence at the edge. The Beacon processes data locally and sends only what’s critical, while seamlessly bridging wireless infrastructure to wired backends. Whether you’re monitoring wellheads in the Permian Basin, managing agricultural operations across thousands of acres, or overseeing critical refinery equipment, this system adapts to your needs. And with its industrial-grade design operating from -40°C to 85°C and its ability to work in isolated environments without cloud connectivity, it’s built for the real world, not just the ideal world. This is the future of industrial monitoring, and it’s available today.”

This launch follows the recent introduction of BlackPearl’s Zephyr wireless instrument gauge, and Data Nebula, their IIoT cloud data platform. Together, this trio redefines industrial data management, setting a new standard for IIoT solutions with advanced data aggregation, robust processing power, and versatile connectivity options.

For more information and specifications, or to download the data sheet, please visit www.BlackPearlTechnology.com.

About BlackPearl Technology, Inc.:

Headquartered in The Woodlands, Texas, BlackPearl Technology is a leading provider of innovative IIoT solutions for industries worldwide. Specializing in engineering, manufacturing, and client services, the BlackPearl ecosystem supports the entire product design and development lifecycle from conception to full-scale manufacturing.

The BlackPearl team of skilled electrical, mechanical, software, and firmware engineers is dedicated to bringing innovative ideas to life. By leveraging the latest technology, BlackPearl develops reliable solutions that solve problems and enhance operational processes. All design and development work is conducted in North America.

Media Contact

Stephanie Chavez, BlackPearl Technology, 1 (817)262-8168, schavez@blackpearltechnology.com, https://blackpearltechnology.com/ 

View original content to download multimedia:https://www.prweb.com/releases/blackpearl-technology-unveils-the-beacon-the-next-generation-micro-power-over-ethernet-edge-gateway-for-unmatched-data-aggregation-and-connectivity-302296175.html

SOURCE BlackPearl Technology

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MEGAROBO Unveils High-Content Cell Imaging System for Advanced Multidimensional Biological Analysis

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BEIJING, Nov. 6, 2024 /PRNewswire/ — MEGAROBO, a leading provider of advanced productivity tools for life sciences, has recently unveiled the CellVue™ T2000 high-content cell imaging system. The new cell imaging system is more than a digital microscope, featuring a high-sensitivity CMOS imaging camera that seamlessly integrates automated multi-color fluorescence imaging with quantitative data analysis. The system enables in-depth exploration of the multi-dimensional characteristics of individual cells in biological samples, serving a wide range of applications, from basic research to drug discovery and preclinical trials. The technology provides scientists with rapid, high-resolution cell imaging and comprehensive, accurate data support.

As the latest breakthrough in life science research tools, MEGAROBO’s proprietary CellVue™ T2000 builds upon the strengths of traditional high-content imaging systems while achieving remarkable strides in imaging speed, configurability, and functional versatility. With unprecedented efficiency, the system meets the urgent need for high-throughput imaging in complex experimental scenarios, enhancing data stability, reliability, and experimental reproducibility. Furthermore, the solution offers extensive upgrade options for cytotoxicity studies, cell painting and 3D sample studies, ensuring optimal configurations that address the specific needs of different research teams.

In addition, the CellVue™ T2000 has been fully incorporated into AutoBio™, the laboratory automation system developed by MEGAROBO. This integration enables a fully automated workflow from cell seeding, passaging and drug delivery to image detection and analysis. 

“Whether examining the fine structure of the cytoskeleton and nucleus or the spatial relationships between functional proteins, the system can deliver high-definition images and precise data,” said Daniel Huang, Founder and CEO of MEGAROBO. “The capability allows researchers to gain deeper insights into cell biology phenomena and mechanisms. With the CellVue™ T2000 as a starting point, MEGAROBO will continue to facilitate technological innovation in the life sciences sector, inspiring deeper exploration into uncharted territories.”

With a global footprint spanning China, the U.S., Europe, and Southeast Asia, MEGAROBO has solidified its position as a leading force in intelligent automation and life sciences innovation worldwide.

About MEGAROBO

Founded in 2016, MEGAROBO is a science and technology company specializing in providing advanced production tools for life sciences, drug discovery, clinical diagnostics and applied chemistry industries. MEGAROBO has closed the Series C financing round, securing long-term support from key investors including WuXi AppTec, Bosch, Sino Biological, Goldman Sachs Asset Management, Asia Investment Capital, Jiyuan Capital, Sinovation Ventures, Joy Capital, MPCi and Pavilion Capital.

View original content:https://www.prnewswire.com/news-releases/megarobo-unveils-high-content-cell-imaging-system-for-advanced-multidimensional-biological-analysis-302297326.html

SOURCE MEGAROBO

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Propel Holdings named one of Canada’s Enterprise-Industry Leaders winners in Deloitte’s Technology Fast 50 program

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TORONTO, Nov. 6, 2024 /CNW/ – Propel Holdings Inc. (“Propel” or the “Company”) (TSX: PRL) was honored as an Enterprise—Industry Leaders award winner as part of Deloitte’s 2024 Technology Fast 50™ program. The award recognizes the fastest-growing enterprise-level technology, media, and telecommunications companies by revenue growth percentage over their last four years of operation. This category is open to companies that recorded a minimum revenue of $10 million in 2020 and $50 million in 2023.

Propel ranked 11th in the Enterprise—Industry Leaders category after its four-year revenue growth percentage of 333%.

Propel’s CEO Clive Kinross, credits Propel’s AI-powered technology and mission of furthering financial inclusion, along with the team’s relentless drive with the company’s success. Kinross said, “Today, we have enabled close to 1.5 million loans and lines of credit to underserved consumers in North America, but we won’t stop there. Backed by our AI-powered technology and the best talent, we have set our eyes on global growth. We are making credit more inclusive, and we are just getting started.”

“The Enterprise—Industry Leaders exemplify the strength and resilience of Canada’s business landscape, showcasing their ability to navigate challenges and drive sustainable growth,” highlighted Anders McKenzie, the National Technology Fast 50 program leader at Deloitte Canada. “As established leaders in their industries, these companies have demonstrated their capacity to innovate, adapt, and transform in a rapidly evolving digital landscape. By embracing emerging technologies, fostering a culture of continuous improvement, and leveraging their extensive resources, these Enterprise –Industry Leaders have positioned themselves as industry leaders, setting new benchmarks for success. Their achievements not only contribute to their own organizational growth but also inspire and shape the future of Canada’s technology sector.”

About the Deloitte Technology Fast 50 program

The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. It recognizes business growth, innovation, and entrepreneurship in four distinct categories: Technology Fast 50, Enterprise—Industry Leaders, Clean Technology, and Companies-to-Watch. The program also recognizes thriving technology companies in the United States and Canada in partnership with the North American Technology Fast 500 program. Program sponsors for 2024 include RBCx, Osler, EDC, CCI, TMX, Clarity, and Lafond. For more information, visit www.fast50.ca.

About Propel

Propel Holdings (TSX: PRL) is the fintech company building a new world of financial opportunity for consumers, partners, and investors. Propel’s operating brands — Fora Credit, CreditFresh and MoneyKey — and our Lending-as-a-Service product line facilitate access to credit for consumers underserved by traditional financial institutions. Through its AI-powered platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. The result is better products and an expanded credit market for consumers while creating sustainable, profitable growth for Propel.  Our revolutionary fintech platform has already helped consumers access over one million loans and lines of credit and over one billion dollars in credit. At Propel, we are here to change the way customers, partners and investors succeed together.

Learn more at www.propelholdings.com

(www.foracredit.cawww.creditfresh.comwww.moneykey.com)

SOURCE Propel Holdings Inc.

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