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Inspira™ Preparing Production in Response to Spread of Respiratory Virus in China

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RA’ANANA, Israel, Jan. 10, 2025 /PRNewswire/ — Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN) (Nasdaq: IINNW) (“Inspira” or the “Company”), a leader in life-support technology innovation, announced today that it is preparing for a potential production ramp-up of its INSPIRA™ ART100 device. This strategic readiness comes in light of the recent outbreak of human metapneumovirus (hMPV) in China, which has highlighted the growing need for advanced respiratory care technologies globally.

Inspira is already in discussions with leading providers in affected regions to evaluate demand for advance respiratory solutions and deployment of the INSPIRA™ ART100 device, ensuring rapid response capabilities in case of increased demand.

As global health authorities monitor the hMPV outbreak, Inspira™ believes that it is well-positioned to meet potential increased demand for advanced respiratory support systems. Inspira is working closely with suppliers to secure necessary raw materials and components to meet potential demand spikes. The Company is following the hMPV situation globally and working to adjust production plans as needed.

“While hMPV is not a new virus, and experts indicate the current outbreak is part of normal seasonal patterns, Inspira believes in being prepared,” said Dagi Ben-Noon, CEO of Inspira. “Our increased production capacity will help ensure healthcare providers have access to vital respiratory care equipment should the need arise.”

Inspira emphasizes that its preparedness measures are precautionary and align with the Company’s commitment to global health readiness. The Company will work closely with health authorities in affected regions and adjust its plans based on the evolving situation.

Inspira™ Technologies OXY B.H.N. Ltd.

Inspira Technologies is an innovative medical technology company in the life support and respiratory treatment arena. The Company has developed a breakthrough Augmented Respiration Technology (INSPIRA™ ART), a groundbreaking device poised to revolutionize the $19 billion mechanical ventilation market. With 20 million intensive care unit patients with acute respiratory failure each year, many of whom rely on mechanical ventilators, the INSPIRA ART offers a potential alternative by elevating and stabilizing decreasing oxygen saturation levels in minutes without a ventilator, with patients being awake during treatment. The INSPIRA ART is being equipped with a clip-on HYLA™ blood sensor, a real-time continuous blood monitoring technology, aiming to alert physicians of changes in a patient’s condition without the need for intermittent actual blood samples, aiming to support physicians in making informed decisions.

In June and July 2024, respectively, the Company’s INSPIRA™ ART100 system has obtained FDA 510(k) clearance for use in CBP procedures, along with the Israeli AMAR certification for both Extra-Corporeal Membrane Oxygenation and Cardiopulmonary Bypass procedures.

The Company’s other products and technologies, including the INSPIRA ART also known as the INSPIRA™ ART500 or Gen 2, the INSPIRA™ Cardi-ART portable modular device, VORTX™ Oxygen Delivery System, and HYLA™ blood sensor, are currently being designed and developed, and have not yet been tested or used in humans nor approved by any regulatory entity.

For more information, please visit our corporate website at https://inspira-technologies.com

Forward-Looking Statement Disclaimer This press release contains express or implied forward-looking statements pursuant to U.S. Federal securities laws. These forward-looking statements are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses the growing need for advanced respiratory care technologies and its ability to adjust its plans to rapidly respond in case of increased demand. These forward-looking statements and their implications are based solely on the current expectations of the Company’s management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (the “SEC”), which is available on the SEC’s website at www.sec.gov.

Contact: Inspira Technologies – Media Relations
Email: info@inspirao2.com
Phone: +972-9-9664485

MRK-ARS-113

Copyright © 2018-2025 Inspira Technologies OXY B.H.N. LTD., All rights reserved.

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MESCIUS Launches Spread .NET v18

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PITTSBURGH, Jan. 10, 2025 /PRNewswire/ — MESCIUS inc., a global provider of award-winning enterprise software development tools, is pleased to announce the Spread .NET v18 release. The highlights of Spread .NET v18 include exciting features, such as enhanced PDF output quality, a new WPF spreadsheet, copying skip invisible ranges, and more. These features expand developers’ capabilities within their .NET applications when building high-performance enterprise spreadsheets. Spread .NET v18 is now available as an upgrade for existing customers and a download for new customers on the MESCIUS website.

Spread.NET v18 launches with a new WPF version, improved PDF saving (with higher resolution), and much more.

With Spread .NET v18, saving .NET spreadsheets to PDF delivers higher resolution and improved image quality, in line with Excel-compatible printing features. Rich text, flat style modes, transparent shapes, and header/footer images are better rendered, providing professional-grade PDF outputs. Read the release announcement to learn more about the enhanced PDF output quality in Spread .NET v18.

This latest release introduces an all-new WPF spreadsheet component version with significant enhancements, including iterative calculations, dynamic arrays, advanced charting, and external data integration. This update sets the stage for continued WPF innovations in future releases. Visit the website to get started with Spread .NET’s new WPF spreadsheet version.

In Spread .NET v18, users can copy cell ranges while excluding hidden rows and columns. To streamline operations in spreadsheets with filtered or hidden data, enable the RichClipboard and CopySkipInvisibleRange properties. Learn how to get started with this Spread .NET v18 release feature.

“We just released Spread .NET v18, which included some big features like enhanced PDF export and a brand new WPF Spreadsheet version, providing a few calculation enhancements, a new chart engine, and a formula text box,” said Product Manager Kevin Ashley. “These features can help enhance your applications with more Excel-like capabilities in both WinForms and WPF.”

About MESCIUS inc.: MESCIUS inc. is one of the world’s largest providers of developer components. The company retains 400 employees and hundreds of thousands of customers worldwide. MESCIUS inc. is committed to providing enterprises around the world with state-of-the-art developer tools and components, software services, and solutions. For more information, visit https://developer.mescius.com.

All product and company names herein may be trademarks of their respective owners.

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Puneet Shivam Appointed CEO of Right Skale Inc, a global Data and Cloud Services Company

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Right Skale Inc, a native AI-powered data services company, announces the appointment of Puneet as Chief Executive Officer marking the next phase in the company’s development.

PLEASANTON, Calif., Jan. 10, 2025 /PRNewswire-PRWeb/ — Right Skale announces that Puneet Shivam will join as a Co-founder and Chief Executive Officer, marking a strategic move to accelerate Right Skale’s transformation into a global AI-enablement leader.

“Right Skale is uniquely positioned, and our vision is clear – become the premier AI enablement partner of choice by 2030”, says Puneet Shivam on joining as a co-founder of Right Skale.

Puneet joins from Avendus Capital Inc, where he served as CEO and Managing Director, leading the Enterprise Technology & Services practice. In this role he enabled numerous emerging technology services organizations in scaling up and in value realization. Prior to Avendus, Puneet was instrumental in establishing Inductis (now EXL Analytics) into one of the first and highly reputed data analytics company, delivering high impact analytics initiatives across Fortune 500 companies.

A Winning Partnership. Amit Shah, Founder, commented: “Puneet’s leadership accelerates our mission of helping enterprises achieve their business goals through AI-enabled data services. His experience in growing global businesses and his deep industry relationships will be invaluable.”

“We partner with clients to unlock value through AI-powered solutions. By combining deep technology expertise with business understanding, we help enterprises enhance customer experiences, optimize operations, and drive growth. I am excited to join hands with Amit and the team,” says Puneet Shivam. “Right Skale is uniquely positioned, and our vision is clear – become the premier AI enablement partner of choice by 2030”

About Right Skale:

Right Skale is an AI-enabled technology services company helping enterprises navigate digital transformation through data and cloud innovation. Our mission is to empower businesses to thrive in the AI era. The company’s approach focuses on practical AI implementation – experimenting, validating, and scaling solutions that deliver measurable business outcomes. Through strategic partnerships with leading cloud and data technology providers, Right Skale helps clients build future-ready digital capabilities. For more info, please email us at info@rightskale.com www.RightSkale.ai & www.RightSkale.com

Media Contact

HR, Right Skale Inc, 1 (408) 658-0779, info@rightskale.com, www.RightSkale.ai

HR, Right Skale, info@rightskale.com, www.RightSkale.ai

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SOURCE Right Skale Inc

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Pensions & Investments and NAIC Announce Alliance to Support Diverse Asset Managers

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WASHINGTON, Jan. 10, 2025 /PRNewswire/ — The National Association of Investment Companies (NAIC), the industry association and largest network of diverse-owned alternative investment firms, and Pensions & Investments (P&I) have entered into a multi-year alliance designed to promote objectives related to increasing diversity and inclusion in the institutional investment industry. 

Through this alliance, NAIC and P&I will work together to advance the pool of diverse talent within the private markets by growing the assets allocated to diverse-owned and managed firms through investor-facing education and resources. They will collaborate to develop and publish thought leadership content related to the impact diverse-owned firms have on the industry and the economy. NAIC member firms will benefit from access to the P&I Research Center, which provides insights including current and historical data, key contact information for institutional investors, market intelligence, trend analysis, competitive benchmarking and more.

“Pensions & Investments is pleased to partner with NAIC to shine a spotlight on some of the innovative and great work being done by diverse- and woman-owned firms in the alternatives space. There is increased interest in how to leverage alternative assets across the institutional investment and retirement landscape, and we’re looking forward to sharing data, insights and content that can amplify the voices represented by NAIC member firms,” says Nikki Pirrello, President and Publisher, Pensions & Investments. “Our audience is hungry for information on effective investment strategies and high-performing managers, and we believe this partnership will allow us to continue to expand our universe of those we are covering.”

By joining forces, NAIC and P&I will raise awareness of the diverse- and woman-owned alternative investment firms that drive growth in every major industry sector. “We are excited that Pensions & Investments, a leading voice in investment management, shares NAIC’s goal of increasing diversity and inclusion in the institutional asset management industry,” says Robert L. Greene, NAIC’s President & CEO. “We look forward to the opportunities this alliance will provide our members to identify trends and share insights in order to increase the flow of capital to high-performing diverse investment firms from pensions and other investment managers.”

About the National Association of Investment Companies
With more than 54 years of advocacy and performance, the National Association of Investment Companies (www.naicpe.com) is the trade association and largest network of diverse- and women-owned alternative investment firms. NAIC’s membership comprises more than 190 diverse-owned alternative investment firms that collectively manage over $460 billion in assets under management. NAIC member firms invest with more than 2,200 portfolio companies globally and consistently generate superior returns that help fuel the growth of the retirement and asset management industries. www.naicpe.com

About Pensions & Investments
With unmatched integrity and professionalism, Pensions & Investments consistently delivers news, research and analysis to the executives who manage the flow of funds in the institutional investment market. Since its founding in 1973, this continues to be the mission of Pensions & Investments, the international newspaper of money management. Written for pension, portfolio and investment management executives at the hub of this market, Pensions & Investments provides its audience with timely and incisive coverage of events affecting the money management business. Written by a worldwide network of reporters and correspondents, Pensions & Investments’ coverage includes business and financial news, legislative reports, global investments, product development, technology, investment performance, executive changes, corporate governance and other topics crucial to the people who drive the world of professional money. Pensions & Investments is owned by Crain Communications Inc. www.pionline.com

CONTACT:
Kristen Perlman
Vice President, Marketing and Insights
National Association of Investment Companies
kperlman@naicpe.com

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SOURCE National Association of Investment Companies

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