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GENAI ANNOUNCES CHANGE OF MANAGEMENT AND APPOINTMENT OF PATRICK GRAY AS CEO

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VANCOUVER, BC, Jan. 6, 2025 /PRNewswire/ – Generative AI Solutions Corp. (“GenAI” or the “Company”) (CSE: AICO) (OTCQB: AICOF) announces that Mr. Patrick Gray has been appointed Chief Executive Officer and a director of the Company, effective January 6, 2025.

Mr. Ryan Selby, the former CEO of the Company, has resigned as an officer and director concurrently with Mr. Gray’s appointment. The Company sincerely thanks Mr. Selby for his contributions and wishes him the greatest success in his further endeavors.

“Mr. Gray is the right leader to move the Company through the next stages of its growth, and I am pleased he is in a position to take over and continue to steer the Company through its next strategic phase,” said Mr. Selby.

Mr. Gray was the Chief Operating Officer of the Company from December 2023 until his appointment as CEO. Mr. Gray is the President and Founder of an IT service provider that specializes in software development, AI and Data Analytics, software implementation services, public sector automation platforms, and legal technology services. The company has extensive expertise in utilizing Artificial Intelligence (AI) and Machine Learning (ML) in expert services to enhance document and data management capabilities.

“I am looking forward to moving into the Chief Executive seat, taking advantage of market conditions to grow the Company’s business and using my industry knowledge and contacts to diversify the Company’s holdings and business lines to drive shareholder value” said Mr. Gray.

In connection with Mr. Selby’s resignation from the Company, the board of directors has agreed to convert to common shares of the Company (the “Accrual Shares”) $145,000 of accrued but unpaid fees owing to Mr. Selby in connection with his service as CEO (the “Accrual Payment”), and to further issue to Mr. Selby 4,000,000 common shares (the “Termination Shares”) as a term of his resignation in accordance with his management services agreement. The Accrual Shares and the Termination Shares will be issued at a deemed price of $0.09 per common share, and will be subject to a four month hold. Mr. Selby will not be entitled to receive any Accrual Shares unless and until he ceases to be an insider of the Company.

On Behalf of the Board of Directors,‎

Patrick Gray

CEO, Director, and Chairman of the Board of Directors

Generative AI Solutions Corp.
Toll-free North America: +1-833-879-7632‎
Outside North America: +1-406-879-7632
info@genai-solutions.com
www.genai-solutions.com

ABOUT GENERATIVE AI SOLUTIONS CORP.

GenAI is a pioneering artificial intelligence company focused on developing a vertically integrated AI solutions business through its proprietary MAI Cloud™ platform, with the development and commercialization of AI-powered tools and solutions for businesses and consumers across multiple industries. At GenAI, our mission is to harness the power of AI to create transformative products and services that benefit business and consumers across various sectors. Our team of talented AI professionals and engineers are dedicated to developing state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. By leveraging our MAI Cloud™ platform and our expertise in machine learning, natural language processing, and data analytics, we build versatile high-performance tools that redefine efficiency, productivity, and user experience.

For more information on GenAI, please visit www.genai-solutions.com.

Forward-Looking Information and Statements

This news release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.

Generally, such forward-looking information or forward-looking statements can be identified by the use of forward looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”.

Forward-looking information in this news release are based on certain assumptions and expected future events, namely: the Company’s ability to continue as a going concern; the Company’s ability to continue to develop revenue generating applications; continued approval of the Company’s activities by the relevant governmental and/or regulatory authorities; and the continued growth of the Company; and Company’s ability to continue to meet the requirements of listing of the CSE.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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SOURCE GENERATIVE AI SOLUTIONS CORP.

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P&R Measurement Debuts at CES 2025: Redefining Industrial Applications and Flexible Manufacturing

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LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — P&R Measurement, a key player in the measurement and control industry, is making its global debut at CES 2025, showcasing breakthrough solutions in AI-driven industrial applications and flexible manufacturing. Highlighting its upgraded brand vision, “Empowering everyone to be an innovator,” the company focuses on “AI-enhanced industrial applications + flexible manufacturing solutions” for modern industrial needs.

At the heart of P&R Measurement’s exhibit is PRIME, its self-developed industrial AI Agent. Designed to integrate testing and manufacturing systems with advanced automation, PRIME simplifies workflows, reduces technical barriers, and empowers non-expert users to confidently handle complex engineering tasks. This transformative technology embodies P&R Measurement’s commitment to innovation, delivering greater value to clients while expanding opportunities for growth.

Flexible Manufacturing and Tailored Solutions

P&R Measurement’s flexible manufacturing innovations also take center stage alongside PRIME. The company offers customized solutions for automated testing and assembly lines, enhancing precision, efficiency, and reliability across industries. In collaboration with a leading home appliance manufacturer, its Smart Lab—an AI and IoT-powered automated laboratory platform—optimized product development by reducing energy consumption by 30%, lowering R&D costs, and boosting testing efficiency in high-energy labs.

Additionally, P&R Measurement is showcasing its A²S Lab, a sensory testing solution, and A²TP, a flexible testing platform, which streamline complex product testing and enhance user experience.

Cross-Industry Collaboration and Market Recognition

Leveraging expertise across AI, information technology, industrial manufacturing, measurement and testing, P&R Measurement creates high-value solutions tailored to the consumer electronics, home appliances, and automotive sectors. Its AI-enhanced visual defect detection system has enabled a pass rate exceeding 99.8% for large automotive parts, while its deep learning model for a consumer electronics client automated sound anomaly detection, ensuring production accuracy and efficiency.

These innovations have addressed critical challenges, including on-time delivery and quality control, earning P&R Measurement widespread market recognition and trust.

Vision for the Future

P&R Measurement continues to transform intelligent manufacturing by integrating AI and advanced testing technologies into industrial and everyday applications. With a flexible, customer-focused approach, the company remains committed to evolving market demands. Following CES 2025, P&R Measurement will showcase its cutting-edge concepts at Design Con on January 28, reinforcing its leadership in shaping the future of global industrial ecosystems.

For more information, visit the P&R Measurement website at
https://prmeasure.com/
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View original content:https://www.prnewswire.co.uk/news-releases/pr-measurement-debuts-at-ces-2025-redefining-industrial-applications-and-flexible-manufacturing-302346562.html

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RedBox Storage Appoints Benny Chung as New CEO to Drive Continued Growth and Innovation

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HONG KONG, Jan. 9, 2025 /PRNewswire/ — RedBox Storage is pleased to announce the appointment of Benny Chung as its new Chief Executive Officer, effective January 1, 2025.

Mr Chung brings a wealth of experience to RedBox, having most recently served as the Group Head of Investment at JustCo Group where he successfully led initiatives that drove corporate development, asset management strategies across the APAC region.

His prior experiences included various leadership roles at Shangri-La Group where Mr Chung managed assets exceeding HK$25 billion and oversaw a portfolio of more than 15 assets in South China.  Additionally, he served as Chief of Staff at CapitaLand driving corporate planning and focusing on the operations of CapitaMalls across Asia, which had a market capitalization of US$7 billion.

Since 2022, RedBox Storage has expanded its footprint, now owning and operating six modern facilities with over 400,000 gross floor area (GFA). The recent launch of a new facility on Western Hong Kong Island highlights the strong demand for self-storage solutions.

Redbox Storage Interim CEO Michael Cocozzo said:  “RedBox aims to be the leading self-storage operator in Hong Kong, and we see significant opportunities for further growth. With his extensive expertise in investment and asset management, Mr Chung is well-positioned to drive RedBox’s strategy and innovation in a competitive market. We look forward to collaborating with him as he leads the company through the next phase of development.”

Mr Chung said: “I am honored by the opportunity to lead RedBox Storage. Delivering high-quality customer experiences and innovative solutions is key to achieving success in the dynamic business environment of 2025 and beyond. Together with our talented team, I believe we can deliver exceptional value to our customers and maintain our reputation for reliability and excellence.”

For more information about RedBox Storage, please visit https://www.redboxstorage.com.hk/

About RedBox Storage

RedBox Storage has established itself as a premier storage provider, known for its reliability and personalized services. With ownership and operation of six modern facilities across Hong Kong, RedBox ensures convenient access for customers, boasting a combined space that spans over 400,000 GFA. The company takes pride in its unwavering dedication to security and the pursuit of innovative service solutions designed to meet individual client requirements, emphasizing customer peace of mind. Its consistent record of growth led to a landmark acquisition by global investment giant Brookfield Asset Management in 2022, highlighting the company’s successful expansion and enduring commitment to excellence.

View original content:https://www.prnewswire.com/apac/news-releases/redbox-storage-appoints-benny-chung-as-new-ceo-to-drive-continued-growth-and-innovation-302343728.html

SOURCE RedBox Storage

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Touch the Future: Hanvon Unveils the World’s First EMC-Touch Chip & Penstar Brand at CES 2025

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LAS VEGAS, Jan. 8, 2025 /PRNewswire/ — Hanvon Technology, a pioneer in China’s artificial intelligence industry, made a significant splash at the CES 2025 Global Consumer Electronics Show, held at the Las Vegas Convention Center. Under the theme “Touch the Future,” Hanvon showcased a range of innovative technologies and products, including the world’s first EMC-Touch chip, HW0888, the Penstar digital notebook brand, biomimetic flying robots, digital signature, input method and OCR solutions. The event highlighted Hanvon’s key original technologies and its extensive industrial layout.

EMC-Touch Chip: Touch the Future Together
Since its founding in 1993, Hanvon has been deeply involved in the field of electromagnetic touch technology and is one of only two companies globally holding wireless passive electromagnetic patents. In 2010, Hanvon expanded into the capacitive touch field. Combining 30 years of expertise in electromagnetic technology with 15 years in capacitive touch technology, Hanvon has innovatively introduced the world’s first EMC-Touch chip, HW0888. This chip, along with a single layer of sensors, perfectly realizes the EMC solution, supporting both passive electromagnetic pens and capacitive touch. It features 8192 levels of pressure sensitivity and multi-finger touch functionality.

Penstar: Redefining the Digital Notebook Market
To tap into the large and steadily growing global market, Hanvon has developed a new brand strategy for Penstar, actively expanding into overseas e-commerce channels. The Penstar eNote digital notebook opened for sales in the North American market in August 2024 and has quickly gained popularity among users in North America.

The Penstar eNote is equipped with Hanvon’s revolutionary PureView™ ePaper screen technology, which eliminates accidental touches and enhances screen clarity. Since its launch, it has received widespread acclaim. Penstar’s debut at CES marks the accelerated global expansion of Hanvon’s digital notebook offerings, both online and offline, and highlights the company’s ambition in the global digital notebook market.

The New GoGoBird 3010: Soaring Globally
Hanvon’s GoGoBird is the world’s first commercialized autonomous flying biomimetic robot with flapping wings. Since its launch in 2019, it has quickly gained traction in markets across North America, Australia, Europe, Japan, and South Korea. The GoGoBird 3010, also known as “Golden Eagle,” is Hanvon’s latest model. It integrates biomimetic flight, intelligent sensing, and AI technology, offering features such as autonomous obstacle avoidance and high-definition real-time image transmission.

Profound Technological Accumulation and Deep Industry Expertise
At CES, Hanvon also showcased industry-leading solutions in digital signatures, input methods, and OCR, promoting global digital sustainable development.

Hanvon’s input method, integrated with Hanvon’s handwriting recognition, supports multiple languages with high recognition accuracy, low resource consumption, and high security. This method is closely integrated with in-vehicle applications, optimizing input efficiency based on specific scenarios, and is customized for multi-screen input, voice recognition, and multi-terminal screen responses, enabling a more comfortable and secure human-vehicle interaction.

With more than 20 years of experience in OCR, Hanvon has solved world-class challenges, such as recognizing freehand manuscripts, achieving a handwriting recognition rate of over 95%. Hanvon’s OCR solution has been successfully applied in scenarios such as financial bills, cards and certificates, vehicle driving licenses, reimbursement vouchers, and batch data recognition, helping businesses reduce costs and improve efficiency.

Leading AI Innovation and Industrial Development
Hanvon has long been at the forefront of artificial intelligence innovation and industrial development. The introduction of the world’s first EMC-Touch chip, the Penstar digital notebook, GoGoBird, and other groundbreaking applications at CES demonstrates Hanvon’s leadership in AI-driven interactions.

“Hanvon will continue to prioritize original innovation, striving to fulfill the mission of ‘machines understanding you better.’ Together, we will touch the future in this new era of artificial intelligence,” said a Hanvon spokesperson.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/touch-the-future-hanvon-unveils-the-worlds-first-emc-touch-chip–penstar-brand-at-ces-2025-302346601.html

SOURCE Hanvon

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