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Tribe Property Technologies Announces Upsizing of Previously Announced Non-Brokered Private Placement

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/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, BC, March 26, 2025 /CNW/ – Tribe Property Technologies Inc. (TSXV: TRBE) (OTCQB US: TRPTF) (“Tribe” or the “Company”), a leading provider of technology-elevated property management solutions, is pleased to announce it has upsized its previously announced non-brokered private placement. The Company now intends to raise gross proceeds of approximately $1,087,882 (the “Financing”) through the issuance of up to 2,092,081 units (each, a “Unit”) at a price of $0.52 per Unit.  The Financing is expected to include participation by the Company’s CEO, CFO, EVP and members of the Board of Directors.

Each Unit will consist of one common share of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”). Each Warrant will entitle the holder to acquire one additional Common Share at a price of $0.82 for a period of at any time on or before that date which is five years after the closing date of the Financing. The net proceeds of the Financing will be used by the Company to retire debt payments and reduce payables.

Closing of the Financing is subject to certain conditions including, but not limited to, the receipt of applicable regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued under the Financing are subject to a hold period expiring four months and one day from the closing date.

It is anticipated that certain insiders of the Company will acquire Units. Such participation will each be considered a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the Financing due to the fair market value of the related party participation being below 25% of the Company’s market capitalization for purposes of MI 61-101. The Company will file a material change report in respect of the Financing. However, the material change report will be filed less than 21 days prior to the closing of the Financing, which is consistent with market practice and the Company deems reasonable in the circumstances.

This press release does not constitute an offer to sell nor is a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Tribe Property Technologies

Tribe is a property technology company that is disrupting the traditional property management industry. As a rapidly growing tech-forward property management company, Tribe’s integrated service-technology delivery model serves the needs of a much wider variety of stakeholders than traditional service providers. Tribe seeks to acquire highly accretive targets in the fragmented North American property management industry and transform these businesses through streamlining and digitization of operations. Tribe’s platform decreases customer acquisition costs, increases retention, and allows for the addition of value-added products and services through the platform. Visit tribetech.com for more information.

ON BEHALF OF THE BOARD

“Joseph Nakhla”
Chief Executive Officer
1606 – 1166 Alberni Street, Vancouver, British Columbia
V6E 3Z3

Phone: (604) 343-2601
Email: joseph.nakhla@tribetech.com

Cautionary Statement on Forward-Looking Information

This news release contains forward-looking information within the meaning of applicable Canadian securities laws regarding the Company and its business.  When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking information. Forward-looking information in this news release may relate to statements with respect to the aims and goals of the Company; closing of the Financing; use of proceeds of the Financing; financial projections; growth plans including future prospective consolidation in the property management sector; future acquisitions by the Company; beliefs of the Company with respect to the independent owner-investors market; prospective benefits of the Company’s platform; and other factors or information. Such information represent the Company’s current views with respect to future events and are necessarily based upon several assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, and social risks, contingencies, and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking information. The Company does not intend, and do not assume any obligation, to update forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules, and regulations.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Tribe Property Technologies Inc.

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COMPUTEX 2025: MiTAC Powers Sustainable AI Data Centers with New Server & Cooling Tech

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TAIPEI, May 24, 2025 /PRNewswire/ — At COMPUTEX 2025, MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings Corp. (TWSE: 3706), unveiled its bold new vision: from hardware provider to full-solution AI and data center innovator. With future-ready solutions covering AI training and inference, high-performance computing (HPC), rack-level liquid cooling, GPU resource management, and real-time data mobility, MiTAC delivers an integrated platform for next-generation data centers.

Rick Hwang, President of MiTAC Computing, emphasized the company’s commitment to open innovation. By aligning with global tech partners and Open Compute Project (OCP) standards, MiTAC now delivers full-spectrum solutions—from server to rack—featuring advanced liquid cooling technology. This simplifies data center operations and improves computing performance and energy efficiency—all driving the vision of smarter, high-performance, and sustainable infrastructure.

“This marks our first appearance at COMPUTEX since the MiTAC brand integration,” Hwang noted. “We’re excited to bring customers a more open, flexible, and deeply integrated portfolio of solutions—reinforcing our role as a trusted partner for AI and data center innovation worldwide.”

Empowering AI with Sustainability and Real-World Solutions

MiTAC Computing is embracing the future of AI with the theme “Empowering Unlimited Possibilities: AI x Sustainability, spotlighting real-world application and introducing a suite of new solutions designed to enable smarter, greener, and more scalable AI ecosystems.

At COMPUTEX, MiTAC Computing displayed an impressive range of cutting-edge AI inference servers. The spotlight is on the MiTAC G4527G6 (MGX™ 4U), featuring eight latest-generation NVIDIA RTX PRO™ 6000 Blackwell server GPUs, the first-ever debut of the NVIDIA MGX™ PCIe Switch board with ConnectX®-8 SuperNIC, and dual Intel® Xeon® 6767P processors. Additionally, the MiTAC G8825Z5 (8U) is equipped with two AMD EPYC™ 9005 series processors and eight newly revealed AMD Instinct™ 350 series GPUs, designed specifically for generative AI, inference workloads, and large language model processing.

Introducing Full-Rack Liquid Cooling Solutions

MiTAC Computing also introduced its full-rack liquid cooling systems, featuring both Liquid-to-Air and Liquid-to-Liquid cooling options. Showcasing the latest in-row Coolant Distribution Units (CDUs) from top-tier global partners, these systems deliver over 2000 kW of cooling power—engineered for intense thermal demands of AI and HPC workloads. Designed for easy integration and customization, these systems include MiTAC’s own monitoring software for optimized management.

Additionally, MiTAC also debuted its Direct Liquid Cooling (DLC) multi-node HPC server, the MiTAC C2820Z5. Built for extreme high-performance computing, this server’s DLC system efficiently cools high-power CPUs and fits within ORv3 standard racks powered by 48VDC – delivering significant energy savings vs. traditional air-cooling technology.

Partnering with AMD for Next-Gen Performance

On May 21st, MiTAC Computing welcomed long-term partner Ted Marena, AMD GPU Market Development Director, who shared the latest trends in AI GPU development and product offerings between MiTAC and AMD. Ken Lin, Senior Vice President of Commercial Business at AMD Taiwan, remarked, “MiTAC and AMD have continuously launched high-performance server platforms integrating AMD EPYC™ processors with AMD Instinct™ GPUs. We are also actively developing the MI350 GPU series with liquid cooling systems to support even more demanding AI cluster workloads, fully addressing the modern data center’s need for both AI computing power and energy efficiency.”

Rick Hwang added that AI technology is rapidly accelerating. MiTAC is committed to enabling future AI applications with solutions that combine high performance, low power consumption, and intelligent management. By optimizing data center infrastructure, MiTAC aims to assist global customers in advancing efficient and sustainable development in key sectors such as AI, HPC, and cloud computing, promoting the widespread adoption of next-generation AI technologies.

Learn more: https://www.mitaccomputing.com/en/campaign/computex2025

About MiTAC Computing Technology Corp.

MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings, delivers comprehensive, energy-efficient server solutions backed by industry expertise dating back to the 1990s. Specializing in AI, HPC, cloud, and edge computing, MiTAC Computing employs rigorous methods to ensure uncompromising quality not just at the barebone level but, more importantly, at the system and rack levels—where true performance and integration matter most. This commitment to quality at every level sets MiTAC Computing apart from others in the industry. The company provides tailored platforms for hyperscale data centers, HPC, and AI applications, guaranteeing optimal performance and scalability.

With a global presence and end-to-end capabilities—from R&D and manufacturing to global support—MiTAC Computing offers flexible, high-quality solutions designed to meet unique business needs. Leveraging the latest advancements in AI and liquid cooling, along with the recent integration of Intel DSG and TYAN server products, MiTAC Computing stands out for its innovation, efficiency, and reliability, empowering businesses to tackle future challenges.

Website: https://www.mitaccomputing.com/

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/computex-2025-mitac-powers-sustainable-ai-data-centers-with-new-server–cooling-tech-302464722.html

SOURCE MiTAC Computing Technology Corp.

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“Made-in-Shanghai” Blossoms in Umeda, Celebrating Creativity & Innovation

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OSAKA, Japan, May 24, 2025 /PRNewswire/ — As the Chinese solar term “Grain Buds” kicked in, a fashion summer breeze carried “Made-in-Shanghai“, an official five-day multi-format event, exhibition and forum series created by Shanghai, to Grand Green Osaka of Umeda, north of JR Osaka Station, the largest transportation hub and a super popular commercial destination in Japan.

This is not just a showcase of Shanghai’s fashion superpower, but an intimate encounter of Shanghai’s fashion ecosystem with local visitors. As FANG Wei, China’s Vice Consul General in Osaka remarked at the event’s grand opening on May 21st, “Made-in-Shanghai” took the ShanghaiOsaka ties to a new level through showcasing tech-savvy and Shanghai-style fashion, beauty and creative products to local and international visitors, while fostering business cooperation amidst the shift from “Made-in-China” to “Created-in-China“.

This overseas debut of Shanghai’s fashion and beauty parks and communities appeals greatly to Osaka’s business community. CREATER, a Shanghai-based property operator shared the experience of transforming the historic Yuyuan Road into a fashion and creative hub, featuring worldwide launches of products and a shining cluster of creative companies. Likewise, Fengxian District’s Oriental Beauty Valley, hailed as China’s beauty and cosmetic industry capital, stunned discerning Japanese consumers with leading Chinese beauty brands and innovation.

As an intimate encounter with Shanghai lifestyle, the Public Open Days attracted KOLs and Japanese consumers to a China market with fashion, home furnishings, beauty products, and even a tea-sake oriental tea house. Shanghai Chicmax exhibited its new products and introduced its Japanese R&D center and factory. Shanghai brand “nice rice” offered to consumers simple-lifestyle apparels. Hankyu Department Store opened “WINDow of EAST” pop-up stores with works from six Chinese young designers, curated by Shanghai Fashion Designers’ Association.

The event went deeper to a “Shanghai-Osaka Forum”, featuring a panel on “Evolution of Consumer Culture”, consisting of WWD China chief content officer, founders of Herbeast and RichandRare Jewellery, Confis’ senior partner and a journalist from WWD Japan. Another forum delved deep into sustainable urban renewal and green design, a common challenge for Shanghai and Osaka, featuring Dezeen’s China editor, famous Japanese architects, Aedas’s global design principal and UNS’s director.

The event is guided by China’s Ministry of Industry and Information Technology, hosted by Shanghai Commissions of Economy & Informatization and Commerce, and Administration for Market Regulation, and executed by Commission of Commerce in Changning District, Shanghai Design Week, Shanghai Fashion Designers’ Association and the Paper.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/made-in-shanghai-blossoms-in-umeda-celebrating-creativity–innovation-302464723.html

SOURCE the Paper

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The Great Reset, the First Photorealistic AI Film Makes History at the Cannes Film Festival

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The film produced entirely with artificial intelligence positions Spanish filmmaker Daniel H. Torrado as a pioneer in a new era of cinema.

CANNES, France, May 23, 2025 /PRNewswire/ — Following its screening at the European Film Market of the Berlin International Film Festival (Berlinale) last February, the apocalyptic sci-fi thriller ‘The Great Reset’ has been presented at the Cannes Film Festival’s Marché du Film. It is the first time that a feature film created with artificial intelligence (AI) has been presented at the world’s leading professional film market, where it has aroused significant interest among distributors and specialised media.

The work, written and directed by award-winning filmmaker Daniel H. Torrado, is both a narrative and technological milestone and positions the Spanish filmmaker as a pioneer in a new era of cinema.

The innovative impact of ‘The Great Reset’ has been recognised by the prestigious specialist magazine The Hollywood Reporter, which dedicated in its special edition on the Cannes Film Festival an article entitled ‘Spain tests the waters of artificial intelligence’. The article highlights the pioneering role of the film and especially Torrado’s participation in the advances of artificial intelligence in the audiovisual field.

It is a production of the companies Virtual World Pictures and Canary Film Factory.

The project began in 2023 with the writing of the script. Over the last year, the AI workflow has been designed and optimised, including fine-tuning of the models, to ensure full control over the creativity of the material generated. Although the entire film was computer generated, and all sets and characters were created digitally, some scenes used actors as reference for acting and dubbing.

AI was involved in all stages of production and post-production, from image and animation generation to sound design, but always with human supervision.

“We are very proud to present The Great Reset at the Cannes Film Festival’s Marché du Film, a space where the most innovative ideas in contemporary cinema converge. It will undoubtedly be a key impulse to introduce the world to this story that explores not only the narrative potential of AI, but also its ability to transform the film industry,” said Torrado.

In the film, an artificial intelligence, created from the mind of an unscrupulous hacker, sets in motion an apocalyptic plan to destroy the world in order to save the only person he has ever loved: his daughter. Faced with the collapse of humanity and the echoes of a broken past, Emma embarks on a desperate race to save the world.

Trailer: https://vimeo.com/1082697453/30033a63b9

Media Contact:
Jose Hernandez, Virtual World Pictures
***@virtualworldpictures.com
+34 604 96 44 72

Photos:
https://www.prlog.org/13076582

Press release distributed by PRLog

View original content:https://www.prnewswire.com/news-releases/the-great-reset-the-first-photorealistic-ai-film-makes-history-at-the-cannes-film-festival-302464613.html

SOURCE Virtual World Pictures

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