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Scope Technologies Announces $1.5 Million Private Placement Financing and Acceleration of QSE Mobile App Development

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VANCOUVER, BC, March 24, 2025 /CNW/ — Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) (“Scope Technologies” or the “Company”) announces a non-brokered private placement financing of 3,000,000 common shares (the “Shares”) at a price of $0.50 per Share for gross proceeds of $1,500,000 (the “Offering”).

The Company is pleased to confirm that $1 million of the Offering is being invested by First Majestic Silver Corp., a strategic investor and enterprise client of Scope Technologies.

The Shares issued under the Offering will be subject to a four-month hold period. The Company does not intend to pay any finder’s fees under the Offering.

Proceeds of the Offering will be used to repay a $1 million loan previously received from First Majestic Silver Corp., with the remaining funds dedicated to accelerating the development of Scope’s QSE mobile application. The app will serve as a secure communication and file sharing platform powered by QSE’s proprietary Entropy-as-a-Service technology. It enables true round-trip encryption that is fully quantum-resistant—designed to protect data not only today but well into the post-quantum future.

Fully integrated with the QSE core system, the mobile app will round out the Company’s full-stack security offerings, providing users with a seamless way to send messages and share sensitive files through a secure, decentralized infrastructure. With this app, Scope aims to make enterprise-grade quantum resilience accessible to businesses and individual users alike.

For more information on how QSE’s quantum security solutions can protect your data, visit www.qse.group or contact sales@qse.group.

About Scope Technologies Corp

Headquartered in Vancouver, British Columbia, Scope Technologies Corp is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands, QSE Group and GEM AI, Scope provides next-generation solutions in data security, quantum encryption, and neural networks, empowering businesses with secure, scalable technologies that drive growth and operational efficiency.

LinkedIn: scope-technologies-corp
Facebook: Scope Technologies Corp
Twitter:  @ScopeTechCorp

Contact Information:

James Young
CEO, Scope Technologies Corp.
Email: james@scopetech.ai 
Phone: +1 604-416-1720
Website: www.scopetechnologies.io

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements that constitute forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “aim”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company’s latest management discussion and analysis, a copy of which is available under the Company’s profile on SEDAR at www.sedar.com. While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company’s business. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.

The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Logo: https://mma.prnewswire.com/media/2521783/5230388/Scope_Technologies_Corp_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/scope-technologies-announces-1-5-million-private-placement-financing-and-acceleration-of-qse-mobile-app-development-302408986.html

SOURCE Scope Technologies Corp.

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Local Moving Company in San Jose Earns Customer Loyalty Award

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ALL REASONS MOVING & STORAGE awarded Top Quality Award

SAN JOSE, Calif., March 30, 2025 /PRNewswire-PRWeb/ — ALL REASONS MOVING & STORAGE, an agent of Wheaton World Wide Moving, recently earned the distinctive Customer Loyalty Award, an award from the van line honoring moving companies that achieve a Net Promoter Score® (NPS) of 70 or above.

All Reasons Moving & Storage earned a Customer Loyalty Award, while achieving a Net Promoter Score of 70; almost unheard of in the service industry.

“An NPS score of 70 is almost unheard of in the service industry,” said Mark Kirschner, CEO of Wheaton World Wide Moving. “We’re proud to announce that ALL REASONS MOVING & STORAGE has garnered this rating from customers through their exceptional work in 2024.”

The Customer Loyalty program is designed to recognize moving companies in the Wheaton World Wide Moving network that offer the highest possible quality experiences to those using their services. Agents must receive at least ten responses throughout the program year and meet or exceed the van line’s average response rate.

ALL REASONS MOVING & STORAGE is located at 600 East Trimble Road, San Jose CA 95131 and can be reached at 408-240-0244 or online at www.allreasonsmoving.com.

About Wheaton World Wide Moving

Wheaton | Bekins is one of the world’s most highly regarded providers of transportation services. The van line owns five household goods relocation brands, Wheaton World Wide Moving, Bekins Van Lines, Stevens Worldwide Van Lines, Arpin Van Lines and Clark & Reid. The van line is the fourth largest household goods carrier. Headquartered in Indianapolis, Ind., through its brands Wheaton | Bekins offers private and corporate domestic and international household goods relocation services as well as special commodities and logistic services. The United States military is one of the company’s largest customers. The van line is partner to more than 350 Wheaton and Bekins agents nationwide. To learn more, visit www.wheatonworldwide.com/why-wheaton/partners.

Media Contact

Jo Torres, Top Shelf Logic, 1 4694552777, jo@topshelflogic.com, https://topshelflogic.com/

View original content:https://www.prweb.com/releases/local-moving-company-in-san-jose-earns-customer-loyalty-award-302414717.html

SOURCE Wheaton World Wide Moving

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Ligent Inc. and Hisense to Showcase Innovations at OFC 2025

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Ligent Inc. and Hisense will be showcasing their latest innovations at the 2025 Optical Fiber Communication Conference and Exhibition (OFC) from March 30th to April 3rd. You can find them at booth #4321 and OIF’s booth #5745. Additionally, they will present a leading research paper at the event.

SAN JOSE, Calif., March 30, 2025 /PRNewswire-PRWeb/ — Ligent Inc., a global leader in optical transceivers, active optical cables (AOCs), ONTs, and Terminal Devices, is excited to announce its participation in the Optical Fiber Communication Conference and Exhibition (OFC) 2025. Ligent will be showcasing a series of groundbreaking demos highlighting its latest advancements in high-speed optical communication.

“We’re here to lead, innovate, and showcase how our cutting-edge technologies support and empower our customers” Dr. Jin Hong, CEO and President of Ligent.

Featured Demos at Booth #4321:

1.6T OSFP 2xDR4 Silicon Photonics and EML-based fully and half re-timed: Demonstrating unmatched performance and efficiency for next-generation AI clusters.1.6T 2xVR4 VCSEL and peek into 400G per Lane for 3.2T Transceivers: Showcasing advancements with 200G VCSELs and 400G TFLN modulators, setting the stage for high-capacity, ultra-efficient future data centers.800G QSFP-DD ZR & LR4: Live demonstrations of long-range, high-capacity optical connectivity for demanding DCI/metro applications.Interoperability of 400/800G fully re-timed, LPO and half re-timed LRO or TRO: Featuring products like 800G 2xFR4/2xDR4 Silicon Photonics-based LPO, 800G 2xFR4 EML-based half retimed LRO or TRO, and 800G 2xFR4/2xDR4 EML-based fully retimed with I3C support.

Interop Demos at Booth #5745:

In addition to these demos, Ligent Inc. and Hisense will also participate in OIF interoperability demonstrations:

CEI-448G, 224G, and 112G: Multi-vendor demos of 224Gbps and 112Gbps CEI across various applications, including a live 448G demo for AI network scaling. Featured products include OSFP 1.6T 2xDR4+ Silicon Photonics half retimed LRO or TRO, and OSFP 1.6T 2xDR4+ Silicon Photonics fully retimed.800ZR, 400ZR, and Multi-Span Optics: Showcasing advancements in pluggable coherent optics interoperability, featuring 800ZR and 400ZR applications, and multi-span connections like OpenZR+, 100ZR, and 800G OpenROADM (PCS). Featured products include the 800G QSFP-DD ZR.CMIS: Demonstrating physical layer management interoperability across diverse network equipment and pluggable modules, highlighting the CMIS industry-standard management interface. Featured products include the 800G 2xSR4/2xDR4+/2xFR4 LPO.

Research Presentation:

Ligent will unveil an important research paper by Dr. Jianying Zhou and his team, titled “Performance Limitations and Optimizations of Linear Driver Optics for 200G/Lane and Beyond.” This presentation, scheduled for March 31 at 10:30 AM in room 213-214, will explore the challenges and solutions for optimizing 1.6T LPO optics, paving the way for future AI and cloud applications.

“Our presence at OFC 2025 shows our new commitment to our vision to be a leading force in the optical connectivity space,” said Dr. Jin Hong, CEO and President of Ligent. “We’re here to lead, innovate, and showcase how our cutting-edge technologies support and empower our customers. At Ligent, our mission is clear: to align deeply with our customers and provide solutions that exceed expectations.”

Media Contact

Media Relations, Ligent, 1 4083530623, mediarelations@ligent.com, www.ligent.com

View original content:https://www.prweb.com/releases/ligent-inc-and-hisense-to-showcase-innovations-at-ofc-2025-302415075.html

SOURCE Ligent

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BFA’s 10th Religious Sub-forum Highlights Global Digitization Project of Buddhist Scriptures

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QIONGHAI, China, March 30, 2025 /PRNewswire/ — The Sub-forum on Religious Harmony and Mutual Learning Among Civilizations took place at the BFA (BFA) Annual Conference 2025 on March 28. The sub-forum focused on the theme “Countless Dharma Doors Converge in a Square Inch: A Discussion on the Future of Digitization Project of Buddhist Scriptures.” The gathering brought together 12 eminent monks and cultural researchers from six countries and regions to explore the current state and future of digitizing Buddhist scriptures. Chaired by Venerable Master Yin Shun, Vice President of the Buddhist Association of China, and President of the Buddhist Association of Hainan Province, the event aimed to advance the preservation and development of Buddhist culture through international collaboration.

 

BFA’s Decade of Progress: A Solid Foundation for the Future

Yin Shun, reflecting on the ten-year journey of the BFA Religious Sub-forum, noted its steadfast commitment to the foundational goal of building a global community united by a common destiny. The sub-forum has been instrumental in promoting religious harmony and fostering cross-cultural dialogues, while also enhancing international cooperation in the fundamental domains of religion, culture, education, philanthropy, and healthcare. A notable achievement of the sub-forum has been in the area of digital preservation and accessibility of Buddhist teachings. It has effectively used digital technology to compile the Encyclopedic Dictionary of Chinese Buddhist Terms and has facilitated the digital translation of Buddhist classics across the economically important Pan-South China Sea region. Furthermore, it has proposed initiatives to raise the digitization of these texts as a major national concern. The South China Sea Buddhist Academy, China’s premier international Buddhist educational platform targeting Southeast Asia, has made significant contributions by educating 106 international students from several nations, most notably from Laos, Mongolia, Cambodia, and Nepal, and, by doing so, playing a crucial role in the international effort to digitize Buddhist scriptures.

Digital Empowerment: Advocating for the Chinese Adaptation of Buddhism

Ven. Guang Quan, Deputy Secretary General of the Buddhist Association of China and President of the Buddhist Association of Zhejiang Province, noted the crucial role of digitizing Chinese Buddhist scriptures in enhancing the international dissemination of Buddhist culture. He highlighted the accomplishments of Hangzhou Lingyin Temple in this area, including the development of an AI-based OCR engine for ancient books, production and tool platforms for digitizing ancient books, and a Buddhist scriptures reading hub. Building on these advancements, efforts are underway to digitize Buddhist canons, citing, in particular, the Jingshan Canon, the Yongle Northern Canon and the Siji Canon. Guang Quan’s initiatives aim to further the interconnection of civilizations through digital technology, breathing new life into Asian Buddhist wisdom in the digital realm.

Bhikshu HUIMIN, President, Comprehensive Buddhist Electronic Text Archive Foundation (CBETA) Taiwan, China, reflected on the establishment of the Electronic Buddhist Text Initiative (EBTI). He provided an overview of the current status of global Buddhist text digitization, highlighting its evolution from digital archives (DA) to digital humanities (DH). Additionally, he unveiled the groundbreaking concept of Artificial Intelligence and Brain-Computer Interface (AI – BCI) for the digitization of Buddhist culture. He stressed that the transition of Buddhism from traditional scriptures to cloud-based platforms represents not only the future of Buddhism but also a new civilization where mindfulness and technology merge.

Hong Xiang, Research Assistant at the Centre of Buddhist Studies, The University of Hong Kong, highlighted the transformative impact of digital technology on the collation and proofreading of the Dunhuang manuscripts, starting from the digitization project. He noted that the preservation of the Dunhuang manuscripts, which embody the essence of a multi-faceted and symbiotic civilization, demands interdisciplinary collaboration. Moreover, he advocated for global resource sharing in the digitization of Buddhist scriptures.

Zhu Cuiping, Editor-in-Chief of Zhonghua Book Company GuLian (Beijing) Digital Media Tech Co., Ltd, China, pointed out that the digitization of Buddhist scriptures is an enormous undertaking that requires a collaborative effort among the government, religious organizations, universities, research institutes, and publishing entities. She called for the initiation of a global initiative to compile Buddhist literature to drive the worldwide project of digitizing Buddhist scriptures.

International Cooperation: Jointly Advancing the Global Digitization Project of Buddhist Scriptures

The sub-forum placed particular emphasis on the contributions of Japanese and Korean Buddhism to the digitization of Buddhist scriptures. KAWANAKA KOKYO, Director-General of Administration of Jodoshu, Japan, presented the “Digitization of Zōjō-ji’s Three Great Buddhist Canons” project. He urged all parties to collaborate in furthering the global effort to digitize Buddhist scriptures, with the aim of fostering a more peaceful and harmonious future for humanity.

JONG-RIM, Honorary Chairman of Tripitaka Koreana Research Institute, Jogye Order of Korean Buddhism, shared insights from the digitization efforts of the Tripitaka Koreana at Haeinsa Temple in Korea. He proposed the future goal of completing a comprehensive Tripitaka and developing a dictionary of concepts and terms utilizing digital technology.

South China Sea Buddhist Friendship Circle: Fostering Digital Connections

The sub-forum highlighted the role of the South China Sea Buddhist Friendship Circle in the digitization of Buddhist scriptures. Ven. PHRAPROMMASITH (Thongchai Sukkayano) Supreme Patriarchs, elaborated on Thailand’s experience in safeguarding Buddhist cultural heritage. He urged international cooperation to facilitate the digitization of Buddhist scriptures, aiming to provide convenient access to anyone anywhere with an interest in reading and better understanding the Dharma.

SANDI MARBHIVAMSA, Chairman of Sangha Maha Nayaka Committee, Myanmar, and Ven. (Dr.) KIRINDE ASSAJI, Chief Prelate (Malwatta Chapter) Sanghanayaka of Sri Lanka’s Western Province, provided insights into the current state of Buddhism in their respective countries and the advancements made in the digitization of Buddhist scriptures. They both expressed a strong willingness to collaborate with Buddhist communities from other nations in these endeavors.

Looking to the Future: Consultation, Collaboration, and Sharing

Ven. YAN JUE, President of the Buddhist Association of China, concluded by emphasizing that Buddhist scriptures represent a shared cultural heritage of humanity. He noted that their digitization presents not only a technical challenge but also a cultural mission. He also underscored the commitment of the Chinese Buddhist community to the global governance principles of consultation, collaboration, and sharing. By partnering with Buddhist and academic communities worldwide, they aim to advance the digitization of Buddhist texts, share the outcomes of these efforts, and further disseminate the teachings and scriptures of Buddhism.

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SOURCE The Buddhist Association of Hainan Province

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