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KDAN Secures USD4 Million Investment from APAMAN to Drive Market Expansion in Japan and Prepare for IPO

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IRVINE, Calif., Dec. 18, 2024 /PRNewswire/ — KDAN, a leading SaaS provider, today announced a strategic investment of USD4 million led by Japanese real estate giant APAMAN Group (Apaman Co., Ltd.)Combined with a recent multi-million-dollar B+ round from South Korea’s Hancom Group, this latest investment brings KDAN’s total funding to over USD 30 million. APAMAN, along with its subsidiary SystemSoft Corporation (TSE: 7527) and strategic partner Riverfield, will serve as  KDAN’s primary distributors in Japan, enabling comprehensive business and technical collaboration.

KDAN provides AI-driven workflow and data solutions, including digital document management, eSignature, and data analytics services. The partnership will focus on transforming  Japan’s real estate sector by implementing  KDAN’s eSignature service, DottedSign, across APAMAN’s network of direct and franchise locations. Through an alliance with the All Japan Real Estate Association, KDAN’s solutions will be available  to real estate professionals nationwide. To boost visibility, APAMAN has launched an extensive marketing campaign featuring DottedSign on over 2,000 outdoor billboards throughout Japan.

The technical partnership between KDAN and APAMAN will integrate KDAN’s digital document management services with advanced AI technologies. This collaboration aims to accelerate product innovation and enhance competitiveness, addressing market needs of and establishing new digital benchmarks for Japan’s real estate industry.

This partnership comes at a crucial time, as Japan’s Ministry of Economy, Trade, and Industry (METI) previously identified “2025 Digital Cliff,” warning of potential annual losses up to ¥12 trillion (approximately USD79.8 billion) without  transformation. The Japanese government has since accelerated digitalization initiatives, including a 2022 amendment to the Real Estate Transaction Act enabling electronic contracts.

“This collaboration enhances APAMAN’s operational efficiency while accelerating the digitalization of Japan’s real estate sector,” said Koji Omura, CEO of APAMAN.  “We believe this partnership will create greater business value and foster a mutually beneficial relationship with KDAN.”

This partnership demonstrates the market’s confidence in KDAN,” said Kenny Su, Founder & CEO of KDAN. “As we progress toward the capital market, this investment marks a new growth chapter. We remain focused  on driving digital innovation and delivering superior digital solutions globally.”

For more information and updates, please visit KDAN’s official website at www.kdan.com.

About KDAN

KDAN is committed to providing a diverse range of AI-driven workflow and data solutions, including digital document management, eSignature, and data analytics services. We empower global businesses to enhance operational efficiency and organizational agility, enabling them to create more business value through secure and innovative digital solutions while pursuing the vision of sustainable development.

Headquartered in Taiwan, KDAN operates across China, the United States, Japan, South Korea, and Singapore, and is supported by over 14 million members worldwide, including 50,000 business members. KDAN has been recognized as one of the Top 500 High-Growth Companies in the Asia-Pacific region by the Financial Times, leading in the IT and Software category in Taiwan.

About APAMAN Group(Apaman Co.,Ltd.)

APAMAN Co., Ltd. oversees the APAMAN Group, which comprises more than 30 companies. The company contributes to society through three segments: Platform, which manages and mediates rentals; Technology, which generates AI, RPA (Robotic Process Automation), and other systems to support real estate services; and Other, which operates co-working spaces, shared bicycles, and shared parking.

View original content:https://www.prnewswire.com/news-releases/kdan-secures-usd4-million-investment-from-apaman-to-drive-market-expansion-in-japan-and-prepare-for-ipo-302332329.html

SOURCE KDAN

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PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND

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CLEVELAND, Dec. 18, 2024 /PRNewswire/ — The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 3, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company’s common shares, payable January 21, 2025, to shareholders of record at the close of business on January 7, 2025.

ABOUT PLP

PLP protects the world’s most critical connections by creating stronger and more reliable networks. The company’s precision-engineered solutions are trusted by energy and communications providers worldwide to perform better and last longer. With locations in 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world.

View original content to download multimedia:https://www.prnewswire.com/news-releases/preformed-line-products-announces-quarterly-dividend-302335493.html

SOURCE Preformed Line Products

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Cassia Networks Releases the M1500 Enterprise-Grade Compact Bluetooth Gateway, Enhancing Enterprise Application Flexibility

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Cassia Networks presents the new M1500, a compact Bluetooth Gateway designed to provide flexible and cost-effective solutions for enterprise IoT applications.

SAN JOSE, Calif., Dec. 18, 2024 /PRNewswire/ — Today, Cassia Networks, Inc., a leading provider of enterprise Bluetooth IoT products and solutions, announces the launch of its new M1500 Bluetooth Gateway in China. Further announcements for the global release will follow.

Cassia’s M1500 is a compact and cost-effective Bluetooth gateway that delivers exceptional performance.

Cassia’s M1500 is a compact and cost-effective Bluetooth gateway that delivers exceptional performance. It is designed to be easy to install and use, offering the convenience of supporting both Wi-Fi and Ethernet as backhaul options, along with Power over Ethernet (PoE) supply capabilities.

The M1500 provides customers with enterprise-grade security, flexibility, and scalability, making it an ideal solution for deploying IoT projects in a cost-effective manner. Like all of Cassia’s Bluetooth gateways, the M1500 can be managed using Cassia’s IoT Access Controller (AC), which stands as the industry’s most robust enterprise Bluetooth network management solution.

The M1500 also supports Bluetooth roaming and positioning, features that are shared with other Cassia enterprise Bluetooth gateways such as the M2000, E1000, and X2000. It serves as a complementary addition to this lineup.

The M1500 is available in two distinct versions: the M1500 Standard and the M1500-XT. The M1500 Standard is an indoor model equipped with an omni-directional antenna. In contrast, the M1500-XT is designed for outdoor use, featuring a robust outdoor enclosure and a directional antenna.

The versatility of the M1500 gateway allows it to be utilized across a wide range of industries and applications. These include continuous vital sign monitoring in hospitals, telehealth, Industrial IoT, smart campuses, supply chain management, and personnel and asset tracking.

Felix Zhao, CEO of Cassia Networks, expressed his enthusiasm about the new product, stating, “We are thrilled to announce the M1500. This addition enhances our suite of enterprise IoT solutions by providing flexible, secure, and cost-effective connectivity for our enterprise customers.”

To learn more about the M1500 technical specifications visit: https://www.cassianetworks.com/products/m1500-bluetooth-gateway/

About Cassia Networks

Cassia Networks is the leading provider of enterprise Bluetooth IoT products and solutions. Our patented technology provides the most reliable and easy to manage long-range, multiple device connectivity, edge processing and locationing for Bluetooth IoT networks. Our mission is to solve the IoT connectivity, locationing and management challenges faced by today’s enterprises and make IoT easy.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cassia-networks-releases-the-m1500-enterprise-grade-compact-bluetooth-gateway-enhancing-enterprise-application-flexibility-302334088.html

SOURCE Cassia Networks

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Pye-Barker Fire & Safety Launches into Maine, New Hampshire and Vermont, Acquiring Seacoast Security

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ATLANTA, Dec. 18, 2024 /PRNewswire/ — Pye-Barker Fire & Safety – the largest fully integrated and full-service fire protection, life safety and security services provider in the United States – has acquired Seacoast Security, a Northeast leader in security systems, fire alarms and video surveillance with eight locations in Maine, New Hampshire and Vermont. These locations will be Pye-Barker’s first in these three states, marking important milestones for the company. By partnering with values-aligned organizations like Seacoast, Pye-Barker is in nearly every continental state.

“The decision to join Pye-Barker came after thoughtful consideration for all those we serve and the legacy of Seacoast.”

Since 1976, under the oversight of H. David Haynes, Seacoast Security has built a strong reputation for excellence in the industry, specializing in integrated security systems, fire detection and alarms, CCTV and access control. Today’s owners, Stephen and Scott Haynes, started as technicians and have upheld their father’s commitment to prioritizing relationships with customers, team members and communities.

“The decision to join Pye-Barker came after thoughtful consideration for all those we serve and the legacy of Seacoast Security,” said Seacoast Co-owner Scott Haynes. “We’re grateful to our loyal customers, 94 dedicated employees and trusted partners who have supported us throughout this journey, and we believe all will benefit from continued success and innovation under Pye-Barker’s leadership.”

“This new partnership will enhance the company’s growth and bolster our ability to continue offering high-quality security products and services,” added Co-owner Stephen Haynes. “We are confident that Pye-Barker shares our values and will continue to build on the strong foundation we have established.”

“Pye-Barker is committed to honoring the legacies of the owners and families who choose to join us,” said Pye-Barker CEO Bart Proctor. “Together, we are stronger in our shared goals to serve our communities with pride, provide for our teams and protect our communities.”

Seacoast’s highly qualified team will continue to serve customers in New England, delivering the same quality service and dependability.

In the transaction, Barry Epstein of Vertex Capital represented Seacoast, and Nelson Mullins Riley & Scarborough LLP represented Pye-Barker.

About Pye-Barker Fire & Safety

The U.S. leader in fully integrated life safety systems, Pye-Barker Fire & Safety provides complete fire protection and security systems nationwide. With over 230 locations and 7,000 team members nationwide, Pye-Barker ranks No. 849 on the Inc. 5000 and No. 8 on the SDM 100.

Visit pyebarkerfs.com/acquisitions to learn why we’re the industry’s acquirer of choice.

Contact:
Eric Garner
Chief Business Development Officer
801.395.8738
eric.garner@pyebarkerfs.com

Media:
Alycia Volpe
media@pyebarkerfs.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/pye-barker-fire–safety-launches-into-maine-new-hampshire-and-vermont-acquiring-seacoast-security-302335498.html

SOURCE Pye-Barker Fire & Safety

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