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AGM Group Holdings Inc. Announces Strategic Partnership with Canada’s Nowlit to Expand High-Performance Computing Capabilities

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BEIJING, Dec. 20, 2024 /PRNewswire/ — AGM Group Holdings Inc. (“AGM Holdings” or the “Company”) (NASDAQ: AGMH), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, announced today that the Company has signed an investment intention agreement (the “Agreement”) with its Canadian partner, NOWLIT Solutions Corp. (“Nowlit”), a prominent energy technology company focused on developing energy solutions and data center infrastructure in Canada, to provide green energy data center and cryptocurrency computing power. This initiative aligns strategically with AGM Holdings’ long-term expansion plan in the rapidly evolving artificial intelligence and data center market in North America.

Pursuant to the Agreement, Nowlit plans to contribute its existing 50 megawatts (MW) data center assets to AGM Energy Corp. (“AGM Energy” or the “JV”), the Canadian joint venture co-founded by AGM Holdings and Nowlit. Led by Nowlit’s founder, Mr. Ma, the JV is set to expand its capacity significantly. The initial 50MW contribution will enable the data center to host over 6,800 high-performance computing servers, providing an estimated computing power of 2,457 petahashes (P).

AGM Energy aims to develop additional data centers in Canada incrementally over the next two years, adding an average of 20MW per month, with a total projected capacity of 375MW. Additionally, the JV aims to leverage upstream and downstream industry partnerships to enhance computing power. The total computing power capacity of these data centers is expected to reach 18,427P within two years.

This significant milestone underscores AGM Holdings’ commitment to strengthening its market presence in the fast-growing data center sector. By capitalizing on the increasing demand for digital assets and leveraging its expertise in hardware and software solutions, the Company is well-positioned to capture emerging opportunities brought forward by the latest artificial intelligence technology revolution, driving sustainable growth and value creation for its stakeholders.

About NOWLIT Solutions Corp.

Established in 2013, NOWLIT Solutions Corp. is a high performance computing and data center supplier based in Canada. It offers complete solution including all hardware, hosting and initial setup for new and experienced servers. It is also committed to supporting the blockchain ecosystem by offering hardware, software and a variety of solutions and services. It has invested in large-scale oil and gas fields and is involved in the construction and operation of informatization infrastructure such as third-party data center machine rooms and bitcoin mining farms. For more information, please visit https://nowlit.com/.

About AGM Group Holdings Inc.

AGM Group Holdings Inc. (NASDAQ: AGMH) is an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment. With a mission to become a key participant and contributor in the global blockchain ecosystem, AGMH focuses on the research and development of blockchain-oriented Application-Specific Integrated Circuit (ASIC) chips, the assembling and sales of high-end crypto miners for Bitcoin and other cryptocurrencies. For more information, please visit www.agmprime.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

AGM Group Holdings Inc.
Email: ir@agmprime.com 
Website: http://www.agmprime.com

Ascent Investor Relations LLC
Tina Xiao
President
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

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SOURCE AGM Group Holdings Inc.

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Realizeit Earns ISO 27001 Certification, Demonstrating Commitment to Data Security and Operational Excellence

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December 20, 2024

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CHICAGO, Dec. 20, 2024 /PRNewswire/ — Realizeit, provider of the leading adaptive learning system for business-critical training, is proud to announce it has earned ISO 27001 certification, the international standard for information security management systems. This certification underscores Realizeit’s dedication to ensuring the highest level of security, reliability, and trust for its clients, particularly in high-stakes, compliance-driven and high-risk industries.

ISO 27001 is the benchmark for organizations committed to protecting sensitive data and mitigating security risks. By achieving this certification, Realizeit strengthens its promise to deliver cutting-edge learning solutions while safeguarding client information against evolving threats.

“Securing ISO 27001 certification is a testament to our relentless commitment to our customers’ trust and operational safety,” said Manoj Kulkarni, CEO of Realizeit. “In today’s world, where precision and risk management are critical, especially in industries like healthcare, energy, and manufacturing, our clients can now be doubly assured that Realizeit not only empowers learning and performance but also operates with the highest standards of data security and integrity.”

The Information Security Management System (ISMS), in accordance with ISO/IEC 27001, applies to Realizeit’s operations related to the provision, management, and support of the Realizeit Adaptive Learning Platform.

The certification process included a rigorous assessment of Realizeit’s information security policies, risk management framework, and operational controls. It ensures that Realizeit’s platform aligns with the compliance needs of high-risk industries, solidifying its role as a trusted partner for organizations focused on operational safety and workforce efficacy.

Realizeit continues to lead the way in adaptive learning innovation, coupling cutting-edge technology with unwavering security standards to deliver impactful and verifiable training solutions.

For more information about Realizeit and its adaptive learning solutions, visit www.realizeitlearning.com.

About Realizeit

Realizeit is the adaptive learning system that delivers training that sticks through learning experiences that are engaging, applicable, and enduring.  We uniquely leverage expertise and experience in adaptive learning, AI, and instructional design to work with customers to design, modify, and build unique training and learning programs that easily and efficiently integrate into their existing learning ecosystem to maximize performance and reduce risk. With real-time, clear lines of sight into knowledge gaps and accurate verification of proficiencies, you’ll always know your people have the skills necessary to drive success.

Contact us if you need training that sticks.

Contact:
Ty Roberts
ty.roberts@realizeitlearning.com

View original content:https://www.prnewswire.com/news-releases/realizeit-earns-iso-27001-certification-demonstrating-commitment-to-data-security-and-operational-excellence-302337473.html

SOURCE Realizeit

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SPOC Grid Inverter Technologies Appoints Energy Leader Clayton Gibbons to Advance Onsite Power Vertical

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December 20, 2024

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TRUSSVILLE, Ala., Dec. 20, 2024 /PRNewswire/ — SPOC Grid Inverter Technologies proudly announces Clayton Gibbons’ appointment as Head of the Onsite Power Segment. He will oversee all stationary applications within the GRID business. In this strategic position, Gibbons will drive the go-to-market direction, product development, sales execution, staffing, and service offerings to support SPOC’s ambitious growth in the onsite power market.

This new leadership role is integral to SPOC’s mission of advancing its presence in critical power systems, utility-owned power, off-road charging solutions, and microgrids. Gibbons will harness SPOC’s existing infrastructure and capabilities to meet the growing demands of modern energy applications.

“Clayton’s appointment aligns with SPOC’s focus on leadership in power innovation,” said Ted Wilke, President of SPOC. “His deep expertise and visionary approach to renewable energy and critical power systems address both national energy priorities and our long-term growth strategy. Clayton’s proven track record makes him the ideal leader to help us expand our utility-owned power, off-road charging, and microgrid technologies offerings.”

Gibbons’ Perspective on Joining SPOC
“I am honored to join SPOC Grid Inverter Technologies and lead the on-site power vertical during such a transformative time for the energy industry,” said Clayton Gibbons. “Throughout my career, I have focused on strategies that address the evolving demands of Industry 4.0, emphasizing sustainability and efficiency. SPOC’s commitment to tackling the challenges of the modern energy landscape aligns perfectly with my passion for driving innovation and delivering impactful power solutions. I look forward to collaborating with this incredible team to bring meaningful advancements to our customers.”

A Proven Leader in Energy Innovation
With over 18 years of experience in industrial automation and electrification, Gibbons has developed a reputation for delivering sustainable energy solutions. Most recently, as Head of Electrification & System Drives at Danfoss, he operationalized strategies to meet the challenges of Industry 4.0. His expertise has positioned him as a leader in driving efficiency and innovation. Gibbons holds a degree in industrial distribution with a minor in business administration from Texas A&M University.

To explore SPOC Grid Inverter Technologies and its innovative solutions, please visit spocgrid.com.

About SPOC: SPOC is a family of innovative companies reshaping how the world produces and uses energy. SPOC uses deep expertise in variable speed drive automation and inverter technologies and a culture that fosters innovative thinking at all company levels to expand the boundaries of what’s possible. SPOC Grid Inverter Technologies integrates multiple power technologies to create smart-grid systems in the mobile power, marine, and critical power industries.

For more information, contact:
Tina Willis, 205-322-1010 X 302

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SOURCE SPOC

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Tareen Development Partners Acquires Town Centre Plaza in Eagan and Will Rebrand as Eagan Medical Center

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December 20, 2024

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EAGAN, Minn., Dec. 20, 2024 /PRNewswire/ — Tareen Development Partners is pleased to announce the acquisition of a medical office building, Town Centre Plaza, located at 1185 Town Centre Drive, Eagan, MN 55123. The property will be rebranded as Eagan Medical Center, marking a strategic step in enhancing healthcare services in the region and establishing the center as a premier destination for medical care in Minnesota.

Basir Tareen, owner of Tareen Development Partners, shared his vision for the acquisition: “We plan to rebrand the building as Eagan Medical Center and are working closely with a leading medical group to fully occupy the building.  With Minnesota’s largest independently-owned gastrointestinal and dermatology groups already on board, we aim to attract another large medical group to further expand services for patients and the community.” The new ownership group is also dedicated to enhancing the building and upgrading amenities for tenants.

In addition to Tareen Dermatology, the building hosts several distinguished tenants, including MNGI, Integrative Therapy Group, and Sparz Vein Clinic. This collaboration will foster a comprehensive healthcare ecosystem under the Eagan Medical Center brand, offering a wide range of medical specialties and services.

Dr. Mohiba Tareen of Tareen Dermatology expressed her enthusiasm for the project: “This office holds a special place for me as it was the home of my late dear friend Dr. Crutchfield and his wonderful practice — Crutchfield Dermatology.   We are honored to continue growing and addressing the healthcare needs of Eagan and the surrounding community.

For more information about Eagan Medical Center and Tareen Development Partners, please contact:

Natalie Borer
Natalie@tdpmn.com
612.559.4791

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SOURCE Tareen Development Partners

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