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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

View original content:https://www.prnewswire.com/news-releases/agm-group-holdings-inc-announces-strategic-partnership-with-canadas-nowlit-to-expand-high-performance-computing-capabilities-302337049.html

SOURCE AGM Group Holdings Inc.

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PlayersTV Acquires Cloud Media Center, Integrates Sports-AI Ad Technology to Surpass 1B Monthly Impressions

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57 minutes ago

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December 20, 2024

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First-ever athlete and fan-owned network boasts 2,200 Fan Owners and 70+ superstar athlete investors and partners by the likes of Chris Paul, Travis Kelce, Dwayne Wade, Chiney Ogwumike, Kyrie Irving, Damian Lillard, Natasha Cloud, Alysha Clark, Carmelo Anthony, and many more

LOS ANGELES, Dec. 20, 2024 /PRNewswire/ — PlayersTV, the first athlete and fan-owned media company, today announced the acquisition of Cloud Media Center, an AI-driven sports adtech and media distribution company. This strategic year-end move boosts PlayersTV’s reach to a total of 500 million monthly ad impressions, solidifying its position as a trailblazer in athlete-driven lifestyle entertainment while broadening its ability to connect with advertiser and inventory networks.

PlayersTV empowers athletes to control their narratives while giving brands access to engagement opportunities with an expansive global audience. It is known for its groundbreaking athlete-fan ownership model, supported by more than 70 high-profile athlete investors and partners across the NFL, NBA, WNBA, and MLB, and a community of more than 2,200 Fan Owners (shareholders in the company). The network features high-profile athletes, including Travis Kelce, Chris Paul, Damian Lillard, Dwyane Wade, Chiney Ogwumike, Carmelo Anthony, Allen Iverson, Natasha Cloud, Kyrie Irving, Ken Griffey, Jr., Vernon Davis, Austin Ekeler, DeAndre Jordan, CJ McCollum, AJ Andrews, Angel McCoughtry, Alysha Clark, and more.

PlayersTV currently reaches more than 300 million households via OTT and CTV via DirecTV, YouTube TV, Sling TV, Amazon Fire TV, and Philo. Its proprietary ad network called Players360 generates an additional 500 million monthly ad impressions. Through the acquisition of Cloud Media Center, PlayersTV now owns technologies responsible for more than 1 billion combined monthly ad impressions.

“This is a transformative moment for PlayersTV and the future of sports media,” said Deron Guidrey, co-founder of PlayersTV. “The acquisition of Cloud Media Center catapults us into a new era of innovation, expanding our reach to an astounding 500 million monthly ad impressions. With cutting-edge AI technology now at the core of our operations, we are setting the gold standard for athlete-driven media, revolutionizing how athletes connect with fans and how brands engage with audiences worldwide. This is more than an acquisition, it’s a declaration of our vision to lead the global sports media industry.”

PlayersTV Co-founder Collin Castellaw added, “This acquisition is a monumental step forward for our organization. By integrating Cloud Media Center’s AI-driven tech we’re significantly expanding our reach while revolutionizing how athletes and sports content is created, distributed and consumed. This is an exciting time for our company and the future of athlete media and sports media.”

Cloud Media Center’s innovative platform brings state-of-the-art AI technology to PlayersTV, enabling more precise audience targeting, dynamic content distribution, and scalable adtech. With this acquisition, PlayersTV is poised to deliver highly personalized and impactful content experiences, meeting the growing demand for athlete-centered stories and authentic fan connections.

About PlayersTV
PlayersTV is the first-ever athlete-owned media network and content provider. As the premier athlete lifestyle content destination, PlayersTV empowers athletes to own their stories while engaging fans with authentic and meaningful connections, bridging the worlds of sports, lifestyle, and entertainment. PlayersTV’s 24/7 channel can be found on DirecTV, YouTube TV, Sling TV, Amazon Fire TV, and Philo. See more at https://playerstv.com/.

About Cloud Media Center
Cloud Media Center (CMC), based in Ponte Vedra, FL, sells digital advertising inventory through a cloud-based, analytically driven distribution platform that seamlessly connects advertisers with content providers and publishers. The result maximizes collaboration — unleashing next-level ad campaign synergies. CMC’s next-gen platform and best-in-class dashboards — built by next-generation premier developers — provide AI-based microtargeting on the frontend, and real-time, easy-to-understand analytics on the back end. Content producers, advertisers, and publishers will have all the tools and data needed to optimize campaigns — and do it with speed and granular accuracy. Visit the CMC website at https://cloudmc.us/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/playerstv-acquires-cloud-media-center-integrates-sports-ai-ad-technology-to-surpass-1b-monthly-impressions-302337699.html

SOURCE PlayersTV

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JD Martin Expands Representation of Dialight into North and South Carolina

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57 minutes ago

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December 20, 2024

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JD Martin is awarded new territory beginning December 1st, 2024.

CHARLOTTE, N.C., Dec. 20, 2024 /PRNewswire/ — JD Martin is proud to announce the expansion of its partnership with Dialight, the global leader in industrial LED lighting technology, into North and South Carolina. This growth strengthens JD Martin’s commitment to delivering industry-leading lighting solutions across the Southeast.

JD Martin has been a trusted partner for Dialight in multiple territories, and this latest expansion enables the company to extend its reach, bringing Dialight’s innovative and energy-efficient LED lighting products to distributors, contractors, and end users in these rapidly growing markets.

“We are excited to expand our partnership with Dialight into the Carolinas,” said Lance Holmes, JD Martin RVP of the Carolinas and Virginia. “Dialight’s unmatched LED lighting solutions align perfectly with the needs of our customers in these regions who are prioritizing safety, energy efficiency, and operational reliability. We look forward to continuing to drive value and growth for our partners.”

Dialight’s industrial and hazardous location lighting solutions are renowned for their durability, sustainability, and performance in even the most challenging environments. By combining JD Martin’s proven market expertise with Dialight’s cutting-edge technology, businesses across the Carolinas will benefit from exceptional service and product availability.

To learn more about Dialight’s industrial LED lighting products, visit www.dialight.com.

About JD Martin
JD Martin is a premier electrical manufacturer representative agency, serving 17 states with an extensive portfolio of solutions, including lighting, wire, cable, and EV infrastructure products. With a strong focus on customer service and expertise, JD Martin partners with industry leaders to deliver innovative electrical solutions to distributors, contractors, and end users.

View original content to download multimedia:https://www.prnewswire.com/news-releases/jd-martin-expands-representation-of-dialight-into-north-and-south-carolina-302337510.html

SOURCE JD Martin Co.

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NASA Welcomes Liechtenstein as Newest Artemis Accords Signatory

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57 minutes ago

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December 20, 2024

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WASHINGTON, Dec. 20, 2024 /PRNewswire/ — Liechtenstein signed the Artemis Accords Friday during a ceremony hosted by NASA Deputy Administrator Pam Melroy at the agency’s headquarters in Washington, becoming the 52nd nation to commit to the responsible exploration of space for all humanity.

“Today, as Liechtenstein signs the Artemis Accords, we take another step forward together, united by the promise of international cooperation and discovery,” said Melroy. “Liechtenstein’s commitment strengthens our vision, where space is explored with peace, transparency, and sustainability as guiding principles. With each new signatory, the Artemis Accords community adds fresh energy and capabilities to ensure the benefits of space reach the entire world.”

Director of Liechtenstein’s Office for Communications Rainer Schnepfleitner signed the Artemis Accords on behalf of Liechtenstein. The Ambassador of the Principality of Liechtenstein to the United States Georg Sparber and U.S. Ambassador to the Swiss Confederation and the Principality of Liechtenstein Scott Miller also participated in the event. 

“With its participation in the Artemis Accords, Liechtenstein looks forward to advancing space exploration among a strong group of like-minded countries committed to the peaceful use of space for the benefit of all humanity,” Sparber said.

The United States, led by NASA and the U.S. Department of State, and seven other initial signatory nations established the Artemis Accords in 2020, identifying a set of principles promoting the beneficial use of space for humanity. Since then, signatories have expanded to represent a quarter of the world’s countries, with 19 countries signing in 2024.

In addition to an increase in numbers, the Artemis Accords signatories, representing every region of the world, continued to build consensus this year and make significant progress in implementing the accords principles.

NASA co-chaired the Artemis Accords Principals’ Meeting in October, which brought together 42 nations and furthered discussions on the safe and responsible use of space. They agreed on recommendations for non-interference, interoperability, release of scientific data, long-term sustainability guidelines, and registration of space objects to advance implementation.

The Artemis Accords are grounded in the Outer Space Treaty and other agreements including the Registration Convention, the Rescue and Return Agreement, as well as best practices for responsible behavior that NASA and its partners have supported, including the public release of scientific data. 

Learn more about the Artemis Accords at:

https://www.nasa.gov/artemis-accords/

View original content to download multimedia:https://www.prnewswire.com/news-releases/nasa-welcomes-liechtenstein-as-newest-artemis-accords-signatory-302337718.html

SOURCE NASA

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