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MARSHALL GROUP REPORTS STRONG PROFITABLE GROWTH IN THE THIRD QUARTER

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STOCKHOLM, Nov. 13, 2024 /PRNewswire/ — In the third quarter of 2024, Marshall Group continued to build on its strong and profitable growth trajectory with net sales increasing 15 percent to SEK 1,118.4 million (974.4). Adjusted operating profit increased to SEK 304.0 million (236.6) amounting to an adjusted operating margin of 27.2 percent (24.3%).

Marshall has really shown its strength in the first nine months of 2024 by launching highly acclaimed product updates that resonate with consumers and delivering solid financial results. With yet another successful quarter added to the legacy of the iconic brand, Marshall is continuing to build on the robust foundation set since the creation of the Marshall Group last year.

“These impressive results come from a talented, passionate and hard-working team that is bringing to life our ambition and strategy in a powerful way. We’re creating and delivering unique products, stories and experiences that resonate with consumers across all channels and geographies. With yet another successful quarter behind us, we are well-positioned to continue our profitable growth journey,” says Jeremy de Maillard, CEO, Marshall Group.

During the third quarter, Marshall launched two updated versions of the most beloved members of the Marshall portable speaker family, Emberton III and Willen II, with improved material choices, usability, and ready for the next Bluetooth technology LE Audio enabling Auracast™. In September, Marshall launched the much-anticipated Monitor III A.N.C. wireless headphones, featuring enhanced noise-cancelling and Marshall’s new Soundstage spatial audio technology, receiving fantastic reviews from consumers and media alike.

Driven by the strong demand for Marshall products across regions, and strong performance across all sales channels, including e-commerce, the financial performance during the first nine months of 2024 has been impressive. Net sales increased by 15 percent to MSEK 3,194.0 (2,788.6) compared to January to September 2023. Adjusted operating profit increased to MSEK 754.7 (545.5) equivalent to an adjusted operating margin of 23.6 percent (19.6%) a result of a well-executed strategy, a focus on innovation, and an ability to meet the demands of both musicians and music lovers globally.  

“We have an exciting product roadmap for both existing and new categories and our strong financial position allows us to invest for the long term while also capturing more of the opportunities in front of us. The team is doing a fantastic job growing the business into the brand,” says Martin Axhamre, CFO & Deputy CEO, Marshall Group.

For more information, please contact:
Frida Calderon, Senior Communications Manager, Marshall Group
press@marshall.com 

About Marshall Group:

Marshall Group is the audio, tech and design powerhouse uniting musicians and music lovers through genre-breaking innovation. Marshall, our flagship brand, is uniquely positioned with over 60 years of rock ‘n’ roll attitude on stage, at home and on the go. Our iconic products are brought to life by a dedicated team of 800 passionate employees and sold in over 90 markets worldwide. Learn more on marshall.com 

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SOURCE Marshall Group

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AIRS Medical to Showcase Latest AI Innovations at RSNA 2024

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SEOUL, South Korea, Nov. 26, 2024 /PRNewswire/ — AIRS Medical, a leader in AI-driven diagnostic imaging solutions, is excited to present its latest innovations at the 2024 Radiological Society of North America (RSNA) conference at McCormick Place in Chicago. Visit us at South Hall Booth #4721 to learn more about SwiftMR®, our award-winning MRI acceleration solution, and other breakthroughs in diagnostic imaging.

What to expect at RSNA

We’ve packed an exciting agenda for RSNA 2024, including:

Lunch & Learn (December 1st, 11:45am) — Discover how SwiftMR enhances MRI image quality, increases revenue potential, and elevates the patient experience.AI Theater Presentation #1 (December 1st, 3pm) — Hear from Seung-Hong Choi, MD, PhD, Professor in the Department of Radiology at Seoul National University, as he discusses the clinical validation of SwiftMR and its impact on diagnostic accuracy and efficiency.AI Theater Presentation #2 (December 2nd, 11am) — Find out from Daryl Eber, MD, co-founder of 3T Radiology & Research, how his practice generated over $200,000 in just two months using SwiftMR.

We will also hold Meet the Experts sessions on December 1st (1pm), December 2nd (11:15am), and December 3rd (10:30am), featuring radiology experts who have successfully integrated SwiftMR into their practices.

For more details and to register, visit our website.

Expanding access to care through strategic partnerships

In 2024, AIRS Medical partnered with industry leaders including Bayer and RAYUS Radiology to expand access to AI-powered healthcare solutions. By collaborating with these distinguished organizations, we’re accelerating SwiftMR’s adoption and expanding access to care worldwide, transforming MRI workflows and facilitating a smoother patient journey.

2025 and beyond

As we look to the future, AIRS Medical remains committed to expanding access to diagnostic imaging services and pioneering AI innovations. Building on the momentum of 2024, we will continue to empower healthcare providers worldwide with solutions that redefine what’s possible in medical imaging. We’re excited to broaden SwiftMR’s reach and introduce new technologies in the coming year.

About AIRS Medical

AIRS Medical is a recognized leader in AI-powered diagnostic imaging and has been named one of the world’s top digital health companies. Our flagship product, SwiftMR, has earned multiple awards for its speed in MRI, and our team has been celebrated as innovators in AI. Driven by a mission to expand access to preventive healthcare, AIRS Medical is at the forefront of MRI efficiency, enabling imaging centers to serve more patients and deliver essential care to their communities.

To learn more about AIRS Medical, visit airsmed.com/en.

Ashley Guidace
AIRS Medical
Director of Global Marketing
ashley.guidace@airsmed.com
+1 (847) 306-8731

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SOURCE AIRS Medical

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BMO Ranks First in J.D. Power 2024 Canada Wealth Management Digital Experience Study

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TORONTO, Nov. 26, 2024 /CNW/ – BMO today announced it has received the highest score for wealth management digital experience among full-service investors in the J.D. Power 2024 Canada Wealth Management Digital Experience Study.

The study evaluates customer satisfaction among full-service investors with their wealth management digital experience, inclusive of both apps and websites, based on four factors:

Visual appealNavigationSpeedInformation/content

“We are incredibly proud of our colleagues for their dedication to improving and modernizing our Private Wealth platform over the last two years. This recognition reflects BMO Private Wealth’s significantly enhanced digital capabilities, including on-demand performance reporting and market leading equity research and our commitment to meeting our clients where they are in their wealth management journey,” said Kevin Barnes, North American Head, BMO Private Wealth. “Across BMO Wealth Management, we are putting our clients at the centre of all we do. Leading with a digital-first mindset, we will continue to improve the ease and simplicity of our platform to meet our clients’ evolving needs, help them make real financial progress and enjoy the opportunities that come with achieving their goals.”

For more information about BMO Private Wealth, please visit: https://www.bmo.com/en-ca/main/privatewealth.

The 2024 Canada Wealth Management Digital Experience Study evaluates customer satisfaction with the wealth management digital experience, inclusive of both apps and websites. This year’s study is based on responses from 4,860 full-service and self-directed investors and was fielded from June through August 2024.

About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.4 trillion as of July 31, 2024. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

J.D. Power Award Disclaimer
BMO received the highest score in the Full-Service Investors segment of the J.D. Power 2024 Canada Wealth Management Digital Experience Study, which measures client satisfaction with wealth management websites and mobile apps among those who invest through a dedicated advisor. For more information, visit jdpower.com/awards for more details.

SOURCE BMO Financial Group

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Palm Beach County Upgrading to Latest Siyata Technology

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Deployment to begin in fourth quarter of 2024

VANCOUVER, BC, Nov. 26, 2024 /PRNewswire/ — Siyata Mobile Inc. (NASDAQ: SYTA, SYTAW) (“Siyata” or the “Company”), a global vendor of Push-to-Talk over Cellular (“PoC”) devices and cellular signal booster systems, announced today that the School District of Palm Beach County, in Florida, a current Siyata customer, and one of the ten largest school districts in the United States, is upgrading its existing Siyata communications solution to Siyata’s latest generation SD7 handsets and VK7 Vehicle Kits with AI-enabled noise cancelling speaker microphones.

Marc Seelenfreund, CEO of Siyata, stated, “For more than five years, the School District of Palm Beach County has been a customer of Siyata using our UV350 In-Vehicle devices, and has experienced the many benefits of our smartphone technology. Upgrading to newer devices with our noise cancelling remote speaker microphones will make communications even clearer for school bus drivers, and safer for both their drivers and their students.”

Shane Searchwell, Director of Transportation Services for The School District of Palm Beach County, commented, “Siyata’s solutions have served us well over the last several years, and we are eager to upgrade to the latest technology to further improve communications for our bus drivers. There can be a lot of background noise on school buses, so the AI-enabled noise cancelling feature in Siyata’s devices will undoubtedly further improve the clarity of communications in our bus operations.”

About Siyata Mobile

Siyata Mobile Inc. is a B2B global developer and vendor of next-generation Push-To-Talk over Cellular handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire, and ambulance organizations as well as schools, utilities, security companies, hospitals, waste management companies, resorts and many other organizations use Siyata PTT handsets and accessories today.

In support of our Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade In-Vehicle solutions and Cellular Booster systems enabling our customers to communicate effectively when they are in their vehicles, and even in areas where the cellular signal is weak.

Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors.

Siyata’s common shares trade on the Nasdaq under the symbol “SYTA”, and our public warrants trade on the Nasdaq under the symbol “SYTAW”.

Visit www.siyata.net and unidencellular.com to learn more.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Siyata’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Siyata’s filings with the Securities and Exchange Commission (“SEC”), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites and social media have been provided as a convenience, and the information contained on such websites or social media is not incorporated by reference into this press release.

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SOURCE Siyata Mobile Inc.

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