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ProPhotonix Launches New Cost-Effective, High-Performance Multispectral LED Line Light

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ProPhotonix is pleased to announce the launch of its COBRA NX MultiSpec designed to deliver tunable multispectral light for cost-sensitive applications. The new COBRA NX MultiSpec is a pioneering multispectral line light offering all of the benefits of a tunable multispectral light, specifically engineered for applications where performance and budget must align.

BOSTON, April 29, 2025 /PRNewswire-PRWeb/ — ProPhotonix Limited, a designer and manufacturer of laser diode modules and LED illumination systems with operations in Ireland and the United Kingdom, part of the Exaktera group, is pleased to announce the launch of its COBRA NX MultiSpec designed to deliver tunable multispectral light for cost-sensitive applications.

“Our new multispectral line light represents a major leap forward in making multispectral lighting more accessible. A solution that is both powerful and cost-effective.”

The new COBRA NX MultiSpec is a pioneering multispectral line light offering all of the benefits of a tunable multispectral light, specifically engineered for applications where performance and budget must align. Built on a modular platform, the COBRA NX MultiSpec is available in four standard configurations – RGB, RGB-IR (855nm), RGB-White(3500K), and RGB-SWIR (1150mn, 1450nm) each designed to address a broad range of multispectral imaging applications including food sorting, print inspection, and pharmaceutical analysis. The advanced line light offers discrete control of individual wavelengths allowing the user to select the optimum intensities, maximizing the signal-to-noise ratio for their application.

Building on the success of the award-winning COBRA MultiSpec platform, the innovative COBRA NX MultiSpec has a market-leading compact, modular form factor. Available from 300mm and with unmatched optical options, it is configurable for a wide range of applications. Chip-on-board LED technology coupled with superior optical design, delivers intense and uniform multispectral illumination at the optimal price-performance ratio. Packed with functionality, COBRA NX MultiSpec also offers on-board Ethernet control.

COBRA NX MultiSpec will reduce the cost of entry for multispectral imaging applications. When paired with multispectral cameras from leading manufacturers the cost of a multispectral system can be dramatically reduced, enabling new applications to benefit from the many advantages of multispectral imaging. This innovative multispectral solution delivers an exceptional performance-to-cost ratio.

“Our new multispectral line light represents a major leap forward in making multispectral lighting more accessible,” said Simon Stanley, Director of Technology, Exaktera LED group “As multispectral imaging continues to evolve, the need for high-performance LED line lights continues to grow. The COBRA NX MultiSpec addresses this need with a solution that is both powerful and cost-effective.”

For more information, visit: https://www2.prophotonix.com/COBRA-NX-MultiSpec

Contact:

ProPhotonix Limited

Simon Stanley,

Director of Technology, Exaktera LED Group

Tel: +353(0) 21 5001313

sales@prophotonix.com

About ProPhotonix

ProPhotonix Limited is a high-technology designer and manufacturer of diode-based laser modules and LED systems for industry-leading OEMs and medical equipment companies. In addition, the Company distributes premium diodes for Ushio, Osram, QSI, Panasonic, and Sony. The Company serves a wide range of markets including the machine vision, industrial inspection, security, and medical markets. ProPhotonix has offices and subsidiaries in the U.S., Ireland, U.K., and Europe. For more information about ProPhotonix and its innovative products, visit the Company’s website at www.prophotonix.com.

Media Contact

ProPhotonix Sales, ProPhotonix, 1 603 893 8778, sales@prophotonix.com, www.prophotonix.com

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SOURCE ProPhotonix

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Jack Henry CEO Greg Adelson to Present at Strategic Decisions Conference

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MONETT, Mo., May 22, 2025 /PRNewswire/ — Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that it will be participating in the following upcoming conference:

Greg Adelson, President & CEO, will present at Bernstein’s 41st Annual Strategic Decisions Conference on May 28th. The presentation takes place at 11:00 a.m. ET. A live webcast of the presentation will be accessible here.

A replay will be available on ir.jackhenry.com following the live presentation.

About Jack Henry & Associates, Inc.®
Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 48 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.

Statements made in this news release that are not historical facts are “forward-looking statements.” Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company’s Securities and Exchange Commission filings, including the Company’s most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.” Any forward-looking statement made in this news release speaks only as of the date of the news release, and the Company expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise.

View original content to download multimedia:https://www.prnewswire.com/news-releases/jack-henry-ceo-greg-adelson-to-present-at-strategic-decisions-conference-302463799.html

SOURCE Jack Henry & Associates, Inc.

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Nota AI seeks KOSDAQ listing as the first AI optimization tech startup

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Strategic partnerships with NVIDIA, Qualcomm, Samsung Electronics accelerate global expansionRevenue grows tenfold in five years, validating tech-driven business model

SEOUL, South Korea, May 23, 2025 /PRNewswire/ — Nota AI, a pioneer in on-device AI, announced today the submission of its preliminary IPO application to the Korea Exchange, positioning itself as the first AI optimization technology firm to seek a KOSDAQ listing. Mirae Asset Securities serves as the lead underwriter for the IPO, which will offer approximately 2,916,000 shares publicly out of a total issuance of 21,161,880 shares.

In December last year, Nota AI became the first AI optimization technology startup to achieve an ‘A’ rating from both NICE Information Service and Korea Technology Finance Corporation, officially recognizing its technological strength and business viability.

Nota AI’s proprietary platform, NetsPresso®, automates AI model optimization, enabling efficient deployment on resource-constrained edge devices, significantly reducing operational costs. The company collaborates with global semiconductor leaders such as NVIDIA, Qualcomm, Samsung Electronics, Arm, and Sony, driving continuous technological innovation and market expansion. Nota AI’s notable client base includes several Fortune Global 500 companies. Recently, CB Insights recognized Nota AI as one of the “100 Most Innovative AI Startups,” underscoring its global recognition.

Nota AI’s generative AI-based video monitoring solution, Nota Vision Agent (NVA), has successfully been deployed in diverse sectors such as industrial safety, transportation, and retail. Recently, Nota AI secured a landmark agreement with Dubai’s Roads and Transport Authority, the first-ever Korean firm to do so, demonstrating its strong international commercial viability.

Proceeds from the IPO will support the recruitment of top-tier talent, enhance global market expansion efforts, and accelerate the advancement of its product offerings. Nota AI currently operates international subsidiaries in Berlin, Germany (since 2020), and Sunnyvale, USA (since 2022), and is actively expanding into key markets including the Middle East, Japan, and Southeast Asia.

“Our IPO filing is a critical milestone affirming our position as global leaders in AI optimization technology,” said Myungsu Chae, CEO of Nota AI. “This IPO will accelerate our innovation capabilities and significantly boost our global market penetration.”

Since its inception, Nota AI has secured $42.6 million in investments from prominent investors including Samsung, LG, Naver D2SF, and Kakao. Last year, the company’s revenue reached $5.86 million, representing a substantial 136% growth year-over-year, with continued strong growth projected to exceed 67% this year, reflecting the robust scalability of its technology-driven business model.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/nota-ai-seeks-kosdaq-listing-as-the-first-ai-optimization-tech-startup-302463177.html

SOURCE Nota AI

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INTOUCH INSIGHT ANNOUNCES Q1 2025 FINANCIAL RESULTS

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OTTAWA, ON, May 22, 2025 /CNW/ – Intouch Insight Ltd, (“Intouch” or “the Company”) (TSXV: INX) (OTCQX: INXSF) a leader in customer experience measurement solutions, today announced financial results for the quarter that ended March 31, 2025.

Key highlights for Q1 2025

Net earnings before taxes of $289,254 an improvement of 414% from $69,804 in Q1 2024EBITDA of $557,748 in Q1 2025 compared to $343,843 Q1 of the prior yearRecurring services revenue remained constant with a 2% increase to $5,359,439 from $5,242,720 in Q1 2024Total revenue decreased 19% to $6,319,663 from $7,845,856 in Q1 2024 due to the elimination of low margin revenueGross margin dollars increased 4% in Q1 2025 to $3,190,515 from $3,067,682This is an 11% growth in the margin percentage to 50.5% from 39.1% due to the change in revenue mix

“We are thrilled with the strong results from our strategic decision to exit low-margin revenue streams from Q1 2024. This move led to an 11% improvement in gross margins, and we generated 4% more margin dollars than the previous year, even with lower overall revenue. Thanks to these gains and further cost efficiencies, we achieved over four times the profit,” said Cameron Watt, President & Chief Executive Officer of the Company.

“Looking ahead, we are energized by the opportunities to drive growth, regardless of external uncertainties. We continue to actively pursue new avenues for expansion in both recurring services and SaaS offerings as well as in the utilization of AI to create differentiation, automation, and cost improvements. Additionally, we are exploring opportunities to re-enter the merchandising business with a clear focus on delivering sustainable and profitable growth,” said Watt.

Consolidated Statements of Operations

Q1 2025

Q1 2024

Revenue

$    6,319,663

$   7,845,856

Cost of services

3,129,148

4,778,174

Gross margin

3,190,515

3,067,682

Total operating expenses

2,819,164

2,922,632

Income from operating activities

371,351

145,050

Non-operating expenses  (earnings) 

82,097

75,246

Net income before income taxes

289,254

69,804

Income tax expense (recovery)

76,652

Net income (loss)

$      212,602

$        69,804

About Intouch Insight
Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America’s most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit intouchinsight.com.

Certain statements included in this news release contain forward looking statements that are made of the date hereof, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Such statements reflect the Company’s current views with respect to future events, including the acquisition, future revenues and references to the Company’s expansion and growth of the business and operations, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management warns the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. Please refer to the risks set forth in the Company’s most recent annual MD&A and the Company’s continuous disclosure documents that can be found on SEDAR at www.sedar.com.   The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

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

SOURCE Intouch Insight Ltd.

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