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Lightspeed Transforms The Retail Experience With New Mobile Selling Application

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Selling on Lightspeed Scanner gives sales associates the power to close sales on the move; improving the customer experience and eliminating the friction of in-store line up’s

MONTREAL, Jan. 14, 2025 /PRNewswire/ – Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) (“Lightspeed”), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, introduces a new game-changing feature for retailers designed to eliminate the frustration of long lines and interrupted shopping experiences by enabling sales associates to complete purchases where the customer is. Selling on Lightspeed Scanner – available on iPhone, is the latest Lightspeed innovation helping retailers create a more customized, frictionless experience for their customers.

With 39% of shoppers citing great customer service as the top reason they’re willing to spend more–according to Lightspeed’s State of Retail 2024 Reportthis enhancement addresses two common pain points in retail: long wait times and inefficient service.

“This launch marks a pivotal moment for retailers,” said Dax Dasilva, CEO of Lightspeed. “By closing the sale directly with the customer—no lines, no disruptions—retailers are meeting shoppers’ needs for speed and personalization, all while creating moments of delight that turn transactions into lasting relationships.”

Research shows that 42% of shoppers would be open to VIP shopping experiences such as skipping lines and personalized shopping recommendations. By empowering sales associates to serve customers end-to-end, Lightspeed helps retailers overcome challenges, ensuring that the shopping experience is fast, flexible, personalized and frictionless.

The new Lightspeed Scanner feature transforms traditional in-store shopping by allowing retailers to:

Queue busting: Streamline the shopping experience by letting customers check out where they are, avoiding the frustration of queuing at registers.Maximize associate impact: Equip sales teams with the tools to offer personalized consultations, check inventory, and process transactions without leaving the customer’s side.Sell seamlessly in any environment: Extend seamless service to diverse selling environments like pop-ups, events, or large retail spaces, offering flexibility and convenience.

“The new selling function on Lightspeed Scanner for X-Series with Tap to Pay has given our team peace of mind,” says Cody Coleman, Owner of Do It Yourself Pest and Weed.

It provides a backup that is ready when the unexpected occurs, without the added cost of additional hardware. Plus, we now have the flexibility to quickly add an additional register when it gets busy in the store.”

Lightspeed has consistently demonstrated its commitment to transforming the retail experience through innovation. With each new product launch, Lightspeed empowers retailers with tools designed for modern challenges. Recent advancements, like Retail Insights, improved inventory management through real-time tracking, and the enhanced Homebase integration offering a seamless solution for employee and time management, showcase Lightspeed’s drive to push boundaries.

Lightspeed is not just adapting to the future of retail but contributing to its design, ensuring customers can stay ahead in a dynamic market.

Retailers eager to enhance their operations and reimagine their in-store experience can visit this page for more information.

About Lightspeed

Powering the businesses that are the backbone of the global economy, Lightspeed’s one-stop commerce platform helps merchants innovate to simplify, scale, and provide exceptional omnichannel customer experiences. Our cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks.

Founded in Montréal, Canada in 2005, Lightspeed is dual-listed on the New York Stock Exchange and Toronto Stock Exchange (NYSE: LSPD) (TSX: LSPD). With teams across North America, Europe, and Asia Pacific, the company serves retail, hospitality, and golf businesses in over 100 countries.

Follow us on social media: LinkedIn, Facebook, Instagram, YouTube, and X.

Forward-Looking Statements

This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws (“forward-looking statements”), including information regarding Lightspeed’s partnerships, product offerings and planned product roadmap. Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as “will”, “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed’s management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management’s Discussion and Analysis of Financial Condition and Results of Operations, under “Risk Factors” in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profiles on SEDAR+ at www.sedarplus.com and on EDGAR at www.sec.gov. Readers are cautioned to consider these and other factors carefully when making decisions with respect to Lightspeed’s subordinate voting shares and not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that Lightspeed considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by Lightspeed. Except as may be expressly required by applicable law, Lightspeed does not undertake any obligation to update publicly or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE Lightspeed Commerce Inc.

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Kantar Group announces the proposed sale of Kantar Media

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LONDON, Jan. 18, 2025 /PRNewswire/ –Kantar Group, a leading, global market research company based in London and portfolio company of Bain Capital, has announced today the proposed sale of Kantar Media to H.I.G. Capital, a leading global alternative investment firm with $67 billion of capital under management. 

The contemplated deal will mark a new chapter for Kantar Media as it embarks on an exciting phase of growth and innovation, with a renewed focus on delivering cutting-edge insights to clients across the content and advertising landscapes.

The proposed acquisition by H.I.G. Capital, a firm known for its hands-on approach and successful track record of accelerating business growth, comes at a pivotal moment for Kantar Media. The company, which operates in over 60 markets, is uniquely positioned to shape the measurement ecosystem with a broad portfolio of solutions that spans audience measurement and data analytics as well as media planning and validation.

Kantar Media CEO, Patrick Béhar will continue to lead the business. “Over a year ago, I joined Kantar Media from Sky to accelerate the transformation of Kantar Media into an agile, technology-centric company, shaping the measurement industry through advanced cross-media solutions. This transaction would give us the resources and support to further accelerate our growth trajectory and strengthen our position as the global leader in media measurement and analytics. With H.I.G.’s expertise in scaling businesses and driving performance, we are more confident than ever in our ability to deliver innovative, data-driven solutions that meet the evolving needs of our growing client base all over the globe. Today is a fantastic moment for Kantar Media, its teams, its partners and its customers as we embark with H.I.G onto the next stage of our transformation”.

“We are excited to partner with Patrick and his talented team,” said Nishant Nayyar, Managing Director at H.I.G Capital. “Kantar Media has a long-standing reputation for delivering essential data and trusted insights to the global media industry. We are confident that as an independent business under the leadership of Patrick, the company will continue to thrive and lead the way in media measurement and analytics innovation”.

Chris Jansen, Kantar’s Chief Executive, added, “We set up Kantar Media to be operationally independent in 2023, to allow it to consolidate its global leadership position in audience measurement. Today’s proposed partnership announcement with H.I.G. Capital positions Kantar Media to continue its investments in technological and geographical leadership and we wish Patrick and his team the very best for the future. Following the proposed sale, Kantar will be even more focused on helping both global and local brands to grow through a unique combination of IP, data assets, and increasing the rapid deployment of AI. Kantar remains the world’s leading data and marketing analytics company.”

The transaction’s purchase price of approximately $1 billion is anticipated to be primarily paid in cash, along with certain non-cash consideration, including separation-related investments by H.I.G. Capital, and an earn-out.

Subject to customary legal and regulatory requirements and completion of information and consultation processes with employee representatives where necessary, the proposed transaction is expected to close later this year.

J.P. Morgan and Jefferies acted as financial advisors to Kantar Group on the contemplated transaction.

Morgan Stanley & Co International acted as lead financial advisor and ING acted as financial advisor to H.I.G. Capital on the contemplated transaction. 

About Kantar Media
Kantar Media is a global leader in media measurement and analytics, providing clients with comprehensive insights into audience behaviour, advertising effectiveness, and media consumption patterns. With a deep understanding of the global media landscape, Kantar Media offers data-driven solutions that help brands, agencies and media owners optimize their marketing strategies and drive measurable results.

About H.I.G. Capital
H.I.G. is a leading global alternative investment firm with $67 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, and San Francisco in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach. Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.
*Based on total capital raised by H.I.G. Capital and affiliates.

About Kantar
Kantar is the world’s leading marketing data and analytics business and an indispensable brand partner to the world’s top companies. We combine the most meaningful attitudinal and behavioural data with deep expertise and advanced analytics to uncover how people think and act. We help clients understand what has happened and why and how to shape the marketing strategies that shape their future. 

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SOURCE Kantar Group

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MONTECH Debuts the Heritage: A New Era of Leather Craft & High-End PC

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TAIPEI, Jan. 18, 2025 /PRNewswire/ — As a leading brand in PC case innovation, MONTECH introduces the Heritage, a luxurious blend of leather and metal. Featuring a suitcase-style handle, this compact yet spacious PC case redefines portability with elegance and practicality.

Where Luxury Meets Practicality

The Heritage redefines sophistication with its timeless blend of premium leather and durable metal. Signature triangular accents showcase the brand’s identity, while the suitcase-style leather handle combines elegance with portability. Designed for those who value style and functionality, the Heritage offers both striking aesthetics and convenience.

Compact Design, Powerful Performance

Heritage proves that great things come in small packages. Designed to maximize internal capacity and deliver exceptional performance, it supports a wide range of cooling solutions, making it ideal for high-performance build in a compact form factor.

Top Radiator: 280mm/360mmAir Cooler: 170mmFans Support: Up to 9 fans.

With its space-saving design and advanced cooling potential, the Heritage is engineered for users who demand efficiency and power in one elegant package.

Stability Meets Modern Elegance

Breaking away from traditional four-corner designs, the Heritage features sleek, elongated feet that enhance stability and elevate its modern aesthetic, blending functional support with refined style.

Elegance with Practical Utility

The Heritage PRO includes 4 premium GF 120 fans pre-installed and a replaceable handle connection point, enabling users to attach an accessory bracket for hanging headphones or other essentials. This thoughtful feature enhances functionality without compromising the case’s sleek and sophisticated design.

Click here for more information

Release Date & Pricing

The Heritage will be available for purchase on January 18, 2025, 9AM ET.

Heritage Black & White: US$89.9Heritage PRO Black & White: US$109.9 

About MONTECH

Established by Telon Co. Ltd. in 2016, MONTECH is a powerhouse in the PC gaming industry, committed to delivering excellence in every product. With a focus on simplicity in design, unparalleled quality and safety, and user-friendly experiences, MONTECH has earned the trust of PC builders worldwide. Known for providing top-performance products at competitive prices, MONTECH has rapidly ascended to become a market leader in the USA and Asia.

Driven by innovation and a relentless pursuit of perfection, MONTECH is on an aggressive expansion path, bringing its cutting-edge solutions to a global audience. Join the revolution in PC gaming and experience the MONTECH difference.

For more information, visit www.montechpc.com or connect with us on Facebook, Instagram, LinkedIn, YouTube, and X.

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SOURCE MONTECH

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Olectra showcased its innovations at the Bharat Mobility Global Expo 2025

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Redefining Comfort and Safety: New Features in Olectra BusesBlade Battery Technology: The Future of Safe and Efficient Electric Mobility

HYDERABAD, India, Jan. 18, 2025 /PRNewswire/ — Olectra Greentech Limited (OGL), one of India’s leading electric bus manufacturers and a pioneer in electric mobility, transformed transportation in the country with its focus on sustainable solutions. The company displayed its innovations at the Bharat Mobility Global Expo 2025, India’s premier platform for mobility advancements. At this event, Olectra aimed to build brand visibility, network with industry leaders, and form key partnerships.

Olectra displayed its latest products, including the Blade Battery Chassis, a redesigned 12-meter Blade Battery Platform, and newly styled 9-meter City and 12-meter Coach buses. These products reflected Olectra’s commitment to providing efficient and eco-friendly public transport options.

Blade Battery Technology

A highlight of Olectra’s innovations is the Blade Battery, developed by BYD. Known for its safety and performance, this battery has passed rigorous tests, including nail penetration and furnace trials, without any fire or explosion.

The Blade Battery provides 30% more energy storage, enabling these buses to travel up to 500 kilometres on a single charge. Its compact and lightweight design improves space efficiency and vehicle stability. With a lifespan of over 5,000 charge cycles, it is a durable and reliable choice for electric vehicles.

While speaking at the launch event of Blade Battery platform, Olectra’s Chairman & Managing Director – Mr. K.V. Pradeep said “Like every ambitious venture, we started small, but our dreams were never to settle. From our humble beginning with an order for just 6 Electric buses to our latest milestone of 5,150 Electric buses, the growth has been nothing short of extraordinary. This journey has been fueled by a shared commitment to transforming emission-intensive transportation into a cleaner, more sustainable industry. The challenges are many, but we at Olectra are committed to taking them head-on with innovation, collaboration, and determination.”

The Blade Battery is just the beginning. We are constantly exploring new ways to improve, innovate, and push the boundaries of what is possible in the electric mobility industry. Our focus continues on increasing our manufacturing and enhancing our technology capabilities.

I would like to extend my sincere thanks to all our business partners, vendors, and shareholders who have been with us on this incredible journey. It is your trust and collaboration that have enabled us to reach this stage, and together, we will continue to build a future that’s cleaner, greener, and more sustainable.”

 

Features of New Olectra Buses

Olectra’s buses are designed with advanced features to enhance passenger comfort and safety. These include fully digital instrument panels, Electronic Hydraulic Power Steering (EHPS), real-time Vehicle Tracking Systems (VTS), and Reverse Park Assist Systems (RPAS).

For passengers, amenities like USB charging ports, roof-mounted air conditioning, and cantilever seats ensure a comfortable journey. In-wheel motors and advanced braking systems deliver a smooth and safe ride.

Safety and Comfort as a Priority

Passenger safety and comfort are at the core of Olectra’s design philosophy. Features such as Advanced Driver Assistance Systems (ADAS), GPS tracking, and CCTV cameras ensure robust safety measures. Air suspension and kneeling mechanisms offer smooth rides and easy boarding for everyone, including specially-abled passengers. Wheelchair ramps and inclusive designs make these buses accessible to all.

Driving India’s Green Mobility Journey

With over 2,200 electric vehicles (as on 30th September, 2024) operating across India, Olectra has redefined public transport. These buses have travelled more than 30 crore kilometres, reducing CO2 emissions by over 2.7 lakh tons. This impact is equivalent to planting 1.24 crore trees, showcasing Olectra’s commitment to environmental conservation.

By replacing diesel buses with electric ones, Olectra has saved about 10 crore litres of diesel. This shift has reduced reliance on fossil fuels, cut operational costs, and significantly improved urban air quality, positively impacting greenhouse gas emissions and global warming.

One of Olectra’s greatest achievements is securing the world’s largest electric bus order for 5,150 buses from MSRTC, Maharashtra. Additionally, its electric tippers are revolutionising industries like construction, roadwork, and mining by providing noise-free and pollution-free alternatives.

Olectra’s buses are operational in 10 states and 1 union territory, offering eco-friendly travel solutions to millions of passengers. These buses are manufactured in Hyderabad, Telangana, at a state-of-the-art facility equipped with advanced technology and strict quality standards.

 

A Greener, Sustainable Future

Olectra is not just manufacturing electric buses; it is driving meaningful change. With each innovation, the company reinforces its commitment to sustainability and cutting-edge technology.

Olectra Greentech Limited is leading India’s transition to a cleaner, healthier future. By setting new benchmarks in green mobility and continually pushing boundaries, Olectra is paving the way for a brighter tomorrow – one green kilometre at a time.

 

About Olectra Greentech Limited (Olectra)

Established in 2000, Olectra Greentech Limited (a public listed company) – part of the MEIL Group, pioneered the introduction of electric buses in India in 2015. Its products are in line with the Government of India’s initiative towards clean transportation solutions. OLECTRA plays a key role in the Indian market.

Photo – https://mma.prnewswire.com/media/2601186/Olectra_Greentech_Limited.jpg

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