Technology

Pluribus Technologies Corp. Announces Further Amendment to Second Forbearance Agreement

Published

5 hours ago

November 21, 2024

TORONTO, Nov. 20, 2024 /CNW/ – Pluribus Technologies Corp. (TSXV: PLRB) (“Pluribus” or the “Company”) announces an amendment (the “Amendment”) to the previously-announced forbearance agreement (the “Second Forbearance Agreement”) dated August 14, 2024 between the Company and National Bank of Canada (the “Lender”), relating to a secured credit agreement dated April 27, 2022, as amended, among the Company, certain of its subsidiaries and the Lender. Under the Amendment, the Lender has agreed to extend the Forbearance Period to November 22, 2024, subject to certain conditions set out therein.

The Company will provide an update when further disclosure is required or otherwise appropriate.

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 information in this press release includes, but is not limited to, statements with respect to whether the Lender will continue to forbear from exercising their rights and remedies on expiry of the Second Forbearance Agreement, the Company providing an update when further disclosure is required or otherwise appropriate, the business plans of the Company, the Company management’s expectation on the growth, profitability and performance of its portfolio companies, the Company’s ability to acquire business-to-business technology companies in the future, the Company’s ability to grow its portfolio companies and the Company achieving a positive transaction as a result of its strategic review process. 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.

Technology

Cangzhou Hosts Premiere Chinese Cultural Showcase

Published

15 minutes ago

November 21, 2024

The Fifth China (Cangzhou) Fine Traditional Chinese Culture Network Film Festival Excellent Films Promotion Evening Celebrates Cinematic Excellence

CANGZHOU, China, Nov. 21, 2024 /PRNewswire/ — A news report from xinhuanet:

The Fifth China (Cangzhou) Fine Traditional Chinese Culture Network Film Festival Excellent Films Promotion Evening was held at Cangzhou Stadium on the evening of November 18. The event highlighted 52 outstanding film and television productions, offering insights into the creative processes behind each work. The evening was not only a showcase of cinematic excellence but also marked the launch of a new initiative: the roll-out of the first batch of dedicated film sets and locations specifically designed for the production of online films and series.

The festival, centered on the preservation and promotion of China’s traditional culture, has become a significant cultural institution in Cangzhou. Since its initiation on June 20, 2024, it has amassed an impressive array of 3,136 works, including 80 streaming movies, 2,989 short films, 53 digital shorts, and The Lion City Impressions Series, a collection of 14 films that together offer a vivid portrayal of the vibrant city of Cangzhou. The collection not only highlights the diversity but also the enhanced quality of submissions compared to previous years.

Traditional culture is akin to a pearl in the sea, with online films and TV shows acting as the vessels that navigate these valuable traditions into the future. Culture only becomes impactful when it is deeply rooted and gains momentum. The films and TV shows selected for this initiative are deeply entrenched in real life, engaging viewers and fostering the creative evolution and innovative growth of China’s traditional culture. This strategic approach not only highlights cultural significance but also positions Cangzhou as an emerging economic powerhouse.

The rising tides of the Bohai Sea have shaped a vast and dramatic landscape, while the convergence of nine rivers fosters a fertile land of prosperity. The masterfully crafted Grand Canal has nourished this ancient city, enriching it with a deep cultural heritage. During the promotional event, several sites were designated as the first batch of film locations – Nanchuan Old Street, Cangzhou Garden Expo Park, the China Grand Canal Intangible Cultural Heritage Exhibition Hall, Cangzhou Dahua Industrial Heritage Cultural Area, Nandagang Migratory Bird Habitat, Cangzhou Iron Lion and the Ancient City Ruins Park, Wuqiao Acrobatics World, Xianxian Danqiao, Ancient Government Office of Hejian, MengCun Bajiquan International Training Center, and Huanghua Port Industrial Tourism Scenic Area.

Cangzhou, a city with a cultural lineage that stretches back thousands of years, is rich in historical significance. In recent years, the city has succeeded in transforming its vast cultural resources into high-quality business ventures, converting cultural ‘soft power’ into robust ‘hard support’ for economic growth. Since its launch in 2018, the China (Cangzhou) Fine Traditional Chinese Culture Network Film Festival has continually enhanced its offerings and embraced cutting-edge formats. It has earned accolades and widespread acclaim from industry experts and the public alike, significantly boosting its visibility, influence, and appeal as a premier cultural brand.

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SOURCE xinhuanet

Technology

Gravity Announces Global Launch of Idle Mobile RPG “Poring Rush”

Published

15 minutes ago

November 21, 2024

– Various types of Porings emerge at different levels. Enjoy the Fun of Creating Custom Poring Combinations to Enhance Combat

– “Poring Rush” is available for download and play in global markets, excluding Korea, Japan, China, Vietnam, Netherlands, Belgium, Russia, Iran, and Cuba.

SEOUL, South Korea, Nov. 21, 2024 /CNW/ — Gravity, a global gaming company, officially launched the idle mobile RPG “Poring Rush” on November 21 across global markets.

The mobile RPG can be accessed in multiple regions through the Google Play Store and Apple App Store, except in Korea, Japan, China, Vietnam, Netherlands, Belgium, Russia, Iran, and Cuba. The game supports ten languages, including Korean, English, Simplified and Traditional Chinese, Thai, Indonesian, and Portuguese.

As the title suggests, “Poring Rush” is an adventure game featuring a variety of Porings. Players can create their own cute Poring combinations to enhance attributes like HP, attack, and defense, which can then be used in battle. Higher-tier Porings become more accessible as summoning levels increase, while frequent summons improve the chances of obtaining Porings with powerful skills.

Character customization, inspired by the signature charm of Ragnarok IP characters, includes various costumes and mounts for personalization. As summoning levels increase, the probability of summoning higher-tier Porings grows, and the more summons performed, the greater the chance to obtain Porings with powerful skills.

The official launch version introduces engaging content such as research labs, ruins, farms, altars, and the Magic Castle. In the ruins, players can explore stages with mounts to collect valuable resources. In the farm, they can grow and harvest different crops, earning rewards based on their level. Shrines grant skill effects like increased attack damage based on progression, while the Magic Castle offers a match-3 mini-puzzle game to earn essential resources.

To celebrate the official launch, a variety of exciting in-game events will take place. The ongoing 7-day mission event provides special item rewards for completing daily tasks, with a cute cat mount awarded for finishing all missions. Additional rewards are available during the first launch week, based on the number of skill books used, with exclusive bonuses granted upon completing all missions. Time-limited rewards are also distributed through push notifications during this period. Additionally, the official “Poring Rush” Discord community hosts events such as a sign-up celebration, friend invitation contests, and a creator contest, offering generous rewards for participants.

Kenneth Noh, Head of Gravity’s Global Mobile Business Team, commented, “Poring Rush embraces the cute and familiar charm of Porings, iconic characters from Ragnarok Monsters.” “This game will appeal not only to Ragnarok fans but to anyone who enjoys unique and fun combat with Porings,” he added. “To celebrate the global launch, in-game and community events are being held with plenty of exciting rewards, and we invite everyone to join in!”

For more details on the global launch of Poring Rush, visit the official website at https://poringrush.gnjoy.com.

[Gravity official website] http://www.gravity.co.kr
[Poring Rush website] https://poringrush.gnjoy.com
[Poring Rush Facebook webpage] https://www.facebook.com/PoringRush/
[Poring Rush Discord community] https://discord.gg/JPMBGvxK3c

Contacts
Gravity Co., Ltd.
Kwon Kuk Moon, Gravity Global Mobile Business Unit
moon@gravity.co.kr

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SOURCE Gravity Co., Ltd.

Technology

Hisense Announced the Best Smart Home Offers with the “UNLOCK FOR BLACK FRIDAY” Campaign

Published

15 minutes ago

November 21, 2024

QINGDAO, China, Nov. 21, 2024 /PRNewswire/ — Hisense, a leading brand in global consumer electronics and home appliances, is doubling down on automating your life from better to smarter this Black Friday with its “Unlock for Black Friday” campaign. As technology seamlessly integrates into daily lives, Hisense’s AI-powered appliances offer personalized comfort and convenience. Get ready to embrace the future of home living! Stay ahead of the curve and equip your home, Hisense has it all, and at an unbeatable price!

Optimize your comfort with Hisense Air-conditioner Energy Pro X, driven by AI Smart Eye and TMS Control System technology. Effortlessly detecting your position, it optimizes temperature, humidity, air flow direction, and speed, ensuring customized comfort in every corner of your home. The HI-NANO feature sterilizes germs and bacteria by releasing double ion groups, removing airborne contaminants. Enjoy a friendly environment with high energy efficiency, awarded a top EU energy efficiency rating of A+++.

Experience the smart connected life with the Hisense Refrigerator BCD-522W, serving as the control center to your smart home and featuring a 21-inch TFT bult-in screen for unified control. The Food Inventory feature intelligently manages food storage and expiration reminders, with AI-tech to suggest ideal recipes. Within the large liter-capacity, Triple Temp Zone technology regulates temperature and humidity across all three sections, preventing food odor mixing. The My Fresh Choice feature in the lower right compartment enables conversion from a fridge to freezer with an -18°C~+5°C temperature setting. Synch a smartphone to the fridge touchscreen to copy shopping lists or mirror to play favorite games. As your kitchen companion, an intelligent voice assistant offers hands-free control of home appliances.

Save to sit-back and relax with Hisense Series 7S Washer & Dryer for laundry day with its 6.86-inch TFT touchscreen and seamless integration with ConnectLife app. Features like AI Super Wash automatically matches the perfect washing cycle for your laundry by weighing and sensing what you put in. AI Super Dry cleverly picks the correct drying cycle for each load. With Smart Link, simply pair the dryer with your washing machine, and once your clothes are finished washing, the perfect drying cycle will be already programmed.

Don’t miss the chance to elevate your kitchen with other great campaign deals, including the spacious Hisense Slide-In Electric Range HFE3501CPS with large 5.8 cu. ft. capacity and sleek built-in design; the Hisense 16-place Free Standing Dish Washer HS693C90BXAU featuring versatile wash programs and quiet operation; the Hisense ChefMate Microwave HMAS4211DSV with a generous 42-liter capacity and Smart Inverter Technology; or the Hisense Wine Cabinet JC230W with Dual Temp Zone for the wine connoisseur!

About Hisense

Hisense is a leading global home appliance and consumer electronics brand. According to Omdia, Hisense ranked No. 2 globally for TV shipments and No. 1 in 100″ TVs in both 2023 and H1 2024. The company has expanded quickly to operate in more than 160 countries and specializes in multi-media goods, home appliances, and intelligent IT information.

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SOURCE Hisense