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Displace TV Unveils Displace Pro and Displace Basic at CES 2025: The World’s First Truly Wireless 4K TVs with All-in-One Entertainment and Productivity Hubs

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Next-Gen Models Feature an All-New AI Agent-Driven Operating System and Immersive Audio at LVCC Central Hall #21623

LAS VEGAS, Jan. 6, 2025 /PRNewswire/ — Displace, the creator of the world’s first truly wireless television, is continuing to disrupt the industry with the launch of the Displace Pro and Displace Basic at CES. This year, Displace is bringing all-in-one entertainment and productivity hubs that go beyond the traditional TV experience. Both models offer a sleek, cable-free design, and revolutionary new features powered by Displace OS, an all-new AI Agent-driven operating system that will redefine how Displace users interact with their TVs and perform tasks easier than ever before.

These next-generation 4K TVs are powered by two long-lasting, rechargeable Li-ion batteries, ensuring a truly wireless experience that eliminates the clutter of cords and cables. Consumers can either mount the TV on a wall in just 10 seconds without tools or drilling or place it on a table using the all-new concealed push-to-pop legs. The innovative design makes it ideal for any space, whether it’s your living room, kitchen, office, or even your patio.

Reinvented Internal and External Design
Displace Pro and Displace Basic introduce Displace OS, a built-in AI Agent-driven operating system that can handle tasks across connected accounts – from streaming and productivity to ridesharing and food delivery – with simple voice commands. Displace OS transforms Displace TVs into productivity powerhouses that bring value beyond entertainment. Supported by an 8-Core Intel CPU, Pro and Basic models deliver exceptional performance and ensure all data is safely stored on the device. Displace offers expanded capabilities compared to competitors, enabling users to do productivity tasks like sending emails by voice commands or even connect a wireless keyboard and mouse to complete a project.

“Our bespoke Pro and Basic models represent a significant leap forward in TV technology,” said Balaji Krishnan, the founder and CEO of Displace. “Our disruptive OS combined with the innovative Displace Agents makes Displace the first TV to feature revolutionary hardware and software tightly integrated. With enhanced internal processing, Displace offers more than just entertainment, and transforms the TV into an all-in-one productivity hub.”

Audio that Doubles as Extra Battery Life
Also new this year, a sleek, dual-purpose Displace soundbar and speakers that not only delivers immersive audio but also extends the TV’s battery life 150+ hours. Viewers can enjoy uninterrupted viewing or listening without worrying about recharging. Displace Pro comes with a complementary soundbar, or it can be purchased separately with Displace Basic. For added versatility, multiple Displace Pro models can be connected to create a custom video wall, with simultaneous streaming capabilities, to deliver an entirely new entertainment experience.

Displace Pro now offers concealed charging ports and HDMI connections, keeping the clean aesthetic while maintaining the wireless functionality that defines the Displace lineup. Easily control Displace models with your voice, the wave of a hand, or the Multi-Touch Control Device that also doubles as a second screen for additional viewing. Gesture-based control is reserved for select actions, such as pause and play.

Displace Pro and Basic are both offered in 55-inch and 27-inch models. Exclusively during CES, all Displace models will be available for pre-order for $1,000 off the original price. During CES, Pro models can be ordered in 55-inch for $4,999 or 27-inch for $2,999, while the Basic models will be available in 55-inch for $2,499 or 27-inch for $1,499. All models are available for pre-order with shipping expected to begin March 28, 2025.

For media at CES, see these cutting-edge new models for yourself at Pepcom on Monday, January 6 and at booth #21623 in Central Hall Tuesday, January 7 through Friday, January 10. For more information about the next generation Displace lineup, visit https://displace.tv/.

About Displace TV
Established in 2022, Displace is a leading innovator in the television and home entertainment industry. Known for creating the world’s first truly wireless TV, Displace is revolutionizing the way consumers interact with their screens, offering an unprecedented combination of cutting-edge design, smart technology, and AI-powered features. Unlike anything else on the market, Displace’s 4K TVs are super lightweight, transportable, and can be easily secured to any surface with no mounting required, using proprietary active-loop vacuum technology. For more information, visit https://displace.tv/.

Media Contact:
Maura Kate Mitchelson
Rachel Kay Public Relations,
A FINN Partners Company
913.953.6688
388308@email4pr.com

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SOURCE Displace

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TriNetX’s Founding CEO Announces Plans to Step Down

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January 9, 2025

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After 11 Years, Gadi Lachman to Conclude Operating Role, Remain on TriNetX’s Board

CAMBRIDGE, Mass., Jan. 9, 2025 /PRNewswire/ — TriNetX, the largest global source of real-world data, today announced that Gadi Lachman, the Company’s Founder, President and CEO, will step down from his operating role on March 31, 2025. Gadi founded TriNetX in 2014 and has served as President and CEO in the succeeding 11 years. Gadi will continue to serve on TriNetX’s Board of Directors and will be an Advisor to Carlyle, TriNetX’s majority investor.

“It has been an honor to build TriNetX and be part of such an outstanding team. I want to thank TriNetX’s employees, customers, and shareholders for the support they have shown me. With the talent and passion of our people I am immensely confident in TriNetX’s continued success,” said Lachman. “Together, we have built the largest global platform for clinical research, with data from over 25 countries and tens of millions of queries a month. Our solutions are moving clinical research to a whole different level and saving lives on a massive scale, across all therapeutic areas.”

During the transition period, Jeff Margolis, a current TriNetX Director, will serve as Executive Chairman to ensure continuity in leadership and governance while a CEO search is conducted.

Margolis said, “I have had the distinct privilege of serving on the Board alongside Gadi and partnering with him for 11 years. On behalf of the Board, we thank Gadi for shaping and leading TriNetX to become the world’s top ecosystem of real-world data and real-world evidence serving life sciences and the broader healthcare industry. I look forward to working with him and the rest of the Board over the next months to execute a successful transition of leadership.”

Joe Bress, Partner and Global Co-Head of Healthcare for Carlyle, TriNetX’s lead investor, added, “We have been thrilled to partner with Gadi since our initial investment in TriNetX over four years ago. Thanks to his disciplined leadership, TriNetX is one of the few companies that has sustained profitability even during periods of high growth. Gadi has built the company up to an exciting point, paving the way for a new leader to take the business into its next chapter of growth and success.”

Through this leadership transition, TriNetX remains steadfast in its mission to advance global healthcare through the power of real-world data. The Board, leadership team, and employees are united in their commitment to driving continued innovation and delivering success for customers and partners, all while building on Gadi’s exceptional legacy.

About TriNetX, LLC

TriNetX is a global network of healthcare organizations and life sciences companies dedicated to advancing real-world research and expediting the development of new therapies. Through its self-service, HIPAA-, GDPR-, and LGPD-compliant platform of federated deidentified and anonymous electronic health record datasets and consulting partnerships, TriNetX empowers its global community to improve clinical trial protocol design, streamline trial operations, refine safety signals, and enrich real-world evidence generation. For more information, please visit TriNetX at www.trinetx.com or follow TriNetX on LinkedIn.

Media Contact
TriNetX
Michelle Fleming, Chief Marketing Officer
Email: Michelle.Fleming@TriNetX.com

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Stellus Private Credit BDC Announces $0.36 First Quarter 2025 Regular Dividend, Payable Monthly in Increments of $0.12 in January, February, and March 2025

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January 9, 2025

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HOUSTON, Jan. 9, 2025 /PRNewswire/ — Stellus Private Credit BDC (“the Company”) announced that its Board of Trustees has declared a monthly dividend of $0.12 for each of January, February, and March, totaling $0.36 per share in the aggregate for the first quarter of 2025. The regular dividend of $0.36 per share will be paid to shareholders of record in January, February, and March 2025.

Summary of First Quarter 2025 Regular Monthly Dividends

Declared

Record Date

Payment Date

Amount per Share

1/9/2025

1/10/2025

1/31/2025

$0.12

1/9/2025

2/3/2025

2/28/2025

$0.12

1/9/2025

3/3/2025

3/31/2025

$0.12

About Stellus Private Credit BDC

The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien (including unitranche) loans, second lien loans and unsecured debt financing, with corresponding equity co-investments. The Company’s investment activities are managed by its investment adviser, Stellus Private BDC Advisor, LLC.

Forward-Looking Statements

Statements included herein may contain “forward-looking statements” which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release, including statements about COVID-19 and its impacts, may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Contacts
Stellus Private Credit BDC
W. Todd Huskinson, Chief Financial Officer
(713) 292-5414
thuskinson@stelluscapital.com

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SOURCE Stellus Private Credit BDC

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MongoDB, Inc. to Present at the 27th Annual Needham Growth Conference

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January 9, 2025

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NEW YORK, Jan. 9, 2025 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) today announced that Chief Operating Officer and Chief Financial Officer, Michael Gordon, and Senior Vice President of Finance, Serge Tanjga, will present virtually at the 27th Annual Needham Growth Conference.

The MongoDB presentation is scheduled for Thursday, January 16, 2025, at 3:45 p.m. Eastern Time. A live webcast of the presentation will be available on the Events page of the MongoDB investor relations website at https://investors.mongodb.com/news-events/events. A replay of the webcast will also be available for a limited time.

About MongoDB
Headquartered in New York, MongoDB’s mission is to empower innovators to create, transform, and disrupt industries by unleashing the power of software and data. Built by developers, for developers, MongoDB’s developer data platform is a database with an integrated set of related services that allow development teams to address the growing requirements for today’s wide variety of modern applications, all in a unified and consistent user experience. MongoDB has tens of thousands of customers in over 100 countries. The MongoDB database platform has been downloaded hundreds of millions of times since 2007, and there have been millions of builders trained through MongoDB University courses. To learn more, visit mongodb.com.

Investor Relations
Brian Denyeau
ICR for MongoDB
646-277-1251
ir@mongodb.com

Media Relations
MongoDB PR
press@mongodb.com

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SOURCE MongoDB, Inc.

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