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Marvell Technology, Inc. Declares Quarterly Dividend Payment

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SANTA CLARA, Calif., Dec. 13, 2024 /PRNewswire/ — Marvell Technology, Inc. (NASDAQ: MRVL), today announced a quarterly dividend of $0.06 per share of common stock payable on January 30, 2025 to shareholders of record as of January 10, 2025.

About Marvell

To deliver the data infrastructure technology that connects the world, we’re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world’s leading technology companies for over 25 years, we move, store, process and secure the world’s data with semiconductor solutions designed for our customers’ current needs and future ambitions. Through a process of deep collaboration and transparency, we’re ultimately changing the way tomorrow’s enterprise, cloud, automotive, and carrier architectures transform—for the better.

Marvell® and the Marvell logo are registered trademarks of Marvell and/or its affiliates.

For further information, contact:
Ashish Saran
Senior Vice President, Investor Relations
408-222-0777
ir@marvell.com

 

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PureTech Systems Unveils Rapid Deploy Autonomous Perimeter Surveillance System (RDAPSS) with Counter-Drone Capabilities

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PHOENIX, Dec. 18, 2024 /PRNewswire/ — PureTech Systems Inc., a leader in geospatial AI-boosted video analytics for wide-area perimeter and border security, is proud to announce the launch of its Rapid Deploy Autonomous Perimeter Surveillance System (RDAPSS) configured for Drone detection and tracking. Designed to meet the demands of rapid, flexible security deployments, the RDAPSS delivers unmatched autonomous surveillance and can be equipped with an advanced sensor suite, including counter-drone capabilities.

The RDAPSS is an all-in-one, self-powered solution for organizations requiring immediate, reliable drone detection and awareness either as an addition to an existing security system or as a new standalone system. The system features PureTech’s patented AI-boosted video analytics for a near 100% autonomous detection of humans, drones, animals and vehicles, with a near-zero nuisance alarm rate. The RDAPSS adapts to diverse mission profiles, including critical infrastructure protection, border control, special events and temporary facility monitoring.

Key Features of RDAPSS Include:

Rapid Deployment: Designed for ease of transport and installation, RDAPSS can be fully operational within minutes.

AI-Boosted Perimeter Surveillance: Equipped with PureTech’s PureActiv® software, RDAPSS delivers real-time, autonomous detection and tracking of targets of interest.

Multi-Sensor Integration: Supports a tailorable sensor suite, including radar, cameras, and RF sensors for maximum threat detection.

Counter-Drone Capabilities: Detects, identifies, and tracks drones to help you mitigate unauthorized aerial threats.

Scalable: Operates independently or as part of a larger surveillance network, enhancing operational flexibility.

“As security challenges continue to evolve, the need for adaptable, autonomous surveillance solutions has never been greater,” said Larry Bowe, President of PureTech Systems. “The RDAPSS combines rapid deployment with advanced sensor integrations and AI-boosted video analytics to address emerging threats, including the growing risks posed by drone intrusions.”

With its customizable sensor suite and counter-drone capabilities, RDAPSS empowers security teams to detect and mitigate ground and aerial threats with unmatched precision and efficiency.

For more information about the RDAPSS or to schedule a demonstration, visit www.puretechsystems.com or contact us at info@PureTechSystems.com.

About PureTech Systems
PureTech Systems Inc. is a privately owned company established in 2004 that develops, markets, and supports its patented location-based AI-boosted video analytics software, PureActiv©, for real time safety and security applications. Their primary emphasis is on autonomous perimeter intrusion detection of ground and aerial targets for country borders, coastlines, facility perimeters, and critical infrastructures (pipelines, railroads, dams, bridges, ports, utilities, power plants, military bases, and airports). To find out more about PureTech Systems Inc. visit our website at www.puretechsystems.com, call 602-424-9842 or email info@PureTechSystems.com.

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Your Best Defense Against Water Leaks: Qwel™ is Here to Help Protect Your Home and Save You Money

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Qwel is now shipping from its U.S.-based facility, offering homeowners advanced water monitoring, peace of mind, and reduced insurance costs

SCOTTSDALE, Ariz., Dec. 18, 2024 /PRNewswire/ — Today, Notation Labs, Inc. unveiled Qwel™, a cutting-edge leak detection and prevention system that gives homeowners unmatched control over their water lines. Featuring the most accurate flow sensor on the market and a user-friendly mobile app with automatic and remote water shut-off, Qwel allows users to monitor, detect, and prevent leaks anytime, anywhere.

Water damage affects thousands of homeowners daily, with 14,000 leaks reported nationwide and average repair costs of $12,000. Left unchecked, leaks can lead to structural damage, mold growth, and long-term health risks for residents.

Qwel serves as a homeowner’s first line of defense against leaks, combining advanced AI and machine learning technology with unmatched integration. Designed for ease of installation and reliability, Qwel is compatible for the typical range of pipe sizes, making it easy for plumbers to integrate into most residential plumbing systems. Qwel’s highly accurate sensors monitor multiple critical factors including water pressure, water temperature, ambient temperature, humidity, and water quality to provide a comprehensive safeguard against leaks.

“Our mission with Qwel is to empower homeowners with the tools they need to protect their homes and conserve water,” said Guy Newman, CEO of Notation Labs, Inc. “Water damage is one of the most costly and disruptive issues a homeowner can face, and Qwel’s innovative technology offers a proactive, reliable solution. By combining cutting-edge leak detection with user-friendly features, we’re helping families take control of their water systems and prevent problems before they start.”

Smart Features of Qwel include:

Major and minor leak alerts for early detectionCustomizable alerts for personalized monitoringAutomatic and remote water shut-off for instant controlAt-home and away detection modes for tailored coverageFreeze warning notifications to prevent pipe damageQwel Check™ performs a comprehensive health check of your home’s water system overnight

Enabled with Wi-Fi and Bluetooth, Qwel connects seamlessly to the soon-to-launch Qwel Mobile App which leverages advanced AI and machine learning to analyze a home’s unique water usage patterns. Beyond preventing leaks, the app empowers homeowners to optimize water usage by providing 24/7 real-time and historical data. With U.S. households wasting over one trillion gallons of water annually, Qwel offers an effective solution to reduce waste while maintaining convenience and comfort.

Qwel is manufactured in the USA and systems are shipping to select wholesalers now. Learn more at https://www.qwel.io/.

About Notation Labs, Inc.: 
Notation Labs designs, engineers, and manufactures innovative smart water solutions to deliver high-quality products that empower homeowners. With a suite of advanced technologies, the company helps educate consumers on water conservation and equips them to make sustainable choices in their everyday lives.

Driven by a mission to protect water resources for future generations, Notation Labs is at the forefront of water conservation efforts, leveraging breakthroughs in AI, machine learning, and Internet of Things (IoT) technology. The company is committed to making cutting-edge, water-saving devices that are not only highly effective but also affordable and accessible to households worldwide.

By combining engineering excellence with a focus on sustainability, Notation Labs is redefining how consumers manage and conserve water.

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Facilitron Empowers School Districts with Policy Innovations at Facilitron University 3

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Insights Shared on Modernizing Policies, Driving Transparency, and Fostering Community Engagement

SAN DIEGO, Dec. 18, 2024 /PRNewswire/ — Facilitron, the leading provider of facility management solutions for school districts, brought together education leaders from across the nation at Facilitron University 3 to share insights on best practices in facility use and management. In an engaging session titled “Policies That Power Success: Compliance, Efficiency, and Best Practices,” panelists spotlighted how modernizing policies can foster community engagement, ensure compliance, and drive operational efficiency.

The session featured an all-women panel of district leaders who shared their expertise and success stories, emphasizing the critical role of clear, data-driven policies in transforming school district operations. Panelists represented districts from California, Texas, and Oregon, showcasing diverse approaches to common challenges.

Key Takeaways: Policies as Tools for Success

Facilitron’s platform emerged as a central enabler of the strategies discussed during the panel. Highlights included:

Policy Modernization for Strategic Goals
Districts like North Clackamas (OR) utilized the pandemic downtime to revamp policies, ensuring alignment with community feedback and financial sustainability.
“The pandemic pause gave us time to overhaul everything—policies, processes, fees—and align with community feedback,” said Natalie Whistler, Director of Community Services.

Data-Driven Transparency
Fort Bend ISD (TX) and San Diego Unified (CA) demonstrated how data empowers districts to communicate the financial realities of policy decisions, ensuring buy-in from stakeholders and maintaining accountability.
“We use data to arm the board and leadership with the information they need to stand firm when pushback happens,” noted Genyne Vinson, Assistant Director of Enterprise Funds.

Revenue Sharing for Stakeholder Engagement
Anaheim Union High School District (CA) shared how revenue-sharing models incentivize principals and athletic directors to embrace facility rentals, creating a win-win scenario for districts and schools.
“Revenue-sharing gets ADs and principals on board. It turns rentals from a burden into an opportunity,” said Van Chu, District Facility Use Specialist.

Facilitron’s Role in Driving Change

The discussion underscored how Facilitron’s innovative platform enables school districts to simplify operations, enforce compliance, and foster community partnerships through tools that support:

Transparent, Data-Driven DecisionsStreamlined Policy Communication and EnforcementEquitable Revenue ModelsModernized, Adaptable Policies

Grace Vote, Director of Accounts at Facilitron and moderator of the panel, emphasized:
“Policies aren’t just documents—they’re tools for building trust, setting boundaries, and driving strategic success.”

Looking Ahead

Facilitron remains committed to equipping school districts with the insights and tools they need to meet today’s challenges while planning for the future. The company’s focus on transparency, equity, and efficiency continues to empower districts to align operational goals with community needs.

For more information on Facilitron and its platform, visit www.facilitron.com.

About Facilitron:
Facilitron is a leader in facility management solutions, providing school districts with tools to modernize policies, streamline operations, and maximize community engagement. Through its innovative platform, Facilitron empowers districts to make data-driven decisions, ensure compliance, and foster equitable facility use systems.

Media Contact:
Mercer Brockenbrough
Mercer@facilitron.com 

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