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Moatable Announces Entry into Definitive Agreement to Acquire a Letting Agent Business

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PHOENIX, Sept. 5, 2024 /PRNewswire/ — Moatable, Inc. (OTC: MTBLY) (“Moatable” or the “Company”), a leading US-based SaaS company, today announces that Lofty Inc., a subsidiary of the Company, entered into a definitive stock purchase agreement (the “Stock Purchase Agreement”) with Jennifer Susan Gledhill (the “Seller”), the founder and 100% shareholder of The Letting Partnership Ltd (“TLP”), on August 30, 2024 to acquire the entire issued share capital of TLP. TLP is a company incorporated and registered in England and Wales that provides client accounting outsourcing for the lettings industry.  Currently, TLP handles over £30 million of rent every month, allocating deposits, managing payments, and processing invoices to provide a complete accounting service.

Pursuant to the Stock Purchase Agreement, the Company will purchase from the Seller all of the issued and outstanding ordinary shares of TLP for a total purchase price of £3.5 million (approximately US$4.6 million) in cash, subject to certain purchase price adjustments relating to TLP’s surplus cash as of the date of the consummation of the transaction (the “Closing”). The Closing is subject to the satisfaction or waiver of certain customary closing conditions. The Company expects the Closing to take place by the end of 2024. Upon the Closing, TLP will be a majority-owned subsidiary of the Company, and the Seller will continue to engage with TLP as a consultant. 

About Moatable Inc.

Moatable, Inc. (OTC Pink: MTBLY) operates two US-based SaaS businesses including Lofty and Trucker Path. Moatable’s American depositary shares, each of which currently represents forty-five Class A ordinary shares, trade on OTC Pink open market under the symbol “MTBLY”. For more news and information on Moatable, please visit Moatable.com.

Forward-Looking Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about Moatable’s beliefs and expectations, including statements on making investments and operating businesses that generate long-term returns for investors, and expectations for future growth and innovation are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Moatable’s goals and strategies; Moatable’s future business development, financial condition and results of operations; Moatable’s expectations regarding demand for and market acceptance of its services; Moatable’s plans to enhance user experience, infrastructure and service offerings. Further information regarding these and other risks is included in our recent annual and quarterly reports on Form 10-K and Form 10-Q and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and Moatable does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:
Investor Relations Department
Moatable, Inc.
Email: ir@moatable.com 

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SOURCE Moatable, Inc.

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TPA Technologies Named A Workday Staffing Partner

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BOSTON, Jan. 7, 2025 /PRNewswire/ — TPA technologies, a leading technology consulting firm, today announced that it has signed a partnership agreement with Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money. This partnership will expand and enhance TPA technologies’ ability to deliver Workday-certified talent to organizations implementing the Workday platform.

To meet the growing needs of clients, TPA technologies expanded its team of Workday experts to help connect top talent with Workday support opportunities. Led by Michael Wrightington, who brings 10 years of expertise in supporting the Workday ecosystem, its practice continues to thrive. As a Workday Partner, TPA technologies will offer clients the ability to work with a trusted partner that understands their needs and can provide the team needed to support their implementation and use of Workday.

“The need for Workday certified professionals continues, and we have to adapt to serve our clients and consultants,” said TPA technologies president Dan Hinckley. “Our ability to understand technology challenges and find the talent needed to solve them is at the heart of our team.”

Workday Financial Management, Workday Human Capital Management (HCM), and Workday Adaptive Planning support a full range of financial and people-based processes that help provide real-time operational visibility along with the speed and agility to plan for and adapt to business growth and change.

For more information on TPA technologies’ Workday Practice, visit: https://tpatechnologies.com/solutions/workday-services/

About TPA technologies 
TPA technologies is a leading technology consulting firm serving the information technology needs of national and international clients seeking “Staffing Solutions.” TPA is headquartered in Boston MA. www.tpatechnologies.com

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SOURCE TPA technologies

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Elsayed Talaat Appointed President & CEO of Universities Space Research Association

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WASHINGTON, Jan. 7, 2025 /PRNewswire/ — Universities Space Research Association (USRA) announced today that Dr. Elsayed Talaat will join USRA as President and CEO, effective January 27. Dr. Talaat is an accomplished leader with a strong background in Atmospheric and Space Science and well-rounded experience with NOAA, NASA, and JHU/APL. Dr. Talaat has been responsible for programmatic and technical coordination with OSTP, the Department of Defense, other federal agencies, non-Federal agendas/industries, and international partners. Dr. Talaat was selected following an extensive national search undertaken by the USRA Board of Trustees, assisted by the executive search firm of Korn Ferry

Currently, Dr. Elsayed Talaat is the Director of the Office of Space Weather Observations at NESDIS, where he provides leadership and oversight in the development, acquisition, integration, installation, and acceptance of major system elements (spacecraft, instruments, launch services, and ground systems) for NOAA’s operational environmental satellite systems.

Before joining NOAA, Dr. Talaat was the Chief Scientist of the Heliophysics Division at NASA Headquarters. In this role, he directed overall development efforts for the Heliophysics space science program in Solar, Heliospheric, Magnetospheric, and Ionospheric, Thermospheric, and Mesospheric physics. Previously, he was a Program Scientist at NASA Headquarters where he served as Program Scientist for the Living with a Star mission and science line, grant research lines, and Heliophysics and Planetary missions.

Prior to joining NASA, he was Supervisor of the Earth and Planetary Atmospheres Section at the Johns Hopkins University Applied Physics Laboratory (APL), where his research focused on developing remote sensing techniques and data analysis and modeling of geophysical and planetary phenomena.

 “We are excited to welcome Dr. Talaat as the next CEO of USRA. We firmly believe he is the ideal leader to guide the organization into its next phase of growth and success,” said Gen Lester Lyles, Chair of the Board of Trustees. “Dr. Talaat brings extensive leadership experience and a strong track record of success from his time at NOAA, NASA, and APL, which will enhance USRA’s credibility and collaboration with these key agencies and with our University Association. He has demonstrated an exceptional ability to build coalitions with both existing and prospective partners, always with a focus on addressing future customer needs. Additionally, his forward-thinking vision for leveraging USRA’s unique University Association value proposition positions the organization for continued success. We are excited to see how Dr. Talaat will build upon Dr. Isaacson’s remarkable legacy and drive USRA towards an even brighter future.”

Dr. Talaat received his Bachelor of Science in Aeronautics and Astronautics Engineering from the University of Washington, and a Master of Science and Doctorate from the University of Michigan in Atmospheric and Space Sciences. He has authored or collaborated on over 60 journal papers and over 250 conference papers.

About USRA

Founded in 1969, under the auspices of the National Academy of Sciences at the request of the U.S. Government, the Universities Space Research Association (USRA) is a nonprofit corporation chartered to advance space-related science, technology, and engineering. USRA operates scientific institutes and facilities and conducts other major research and educational programs. It is an association with 121 university members. It engages the broader university community, employs in-house scientific talent, and offers innovative research, development, and project management expertise. More information about USRA is available at www.usra.edu.

PR Contact:
Suraiya Farukhi
sfarukhi@usra.edu 
443-812-6945

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Neusoft Showcases Comprehensive AI-powered Solutions for Intelligent Mobility at CES 2025

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LAS VEGAS, Jan. 7, 2025 /PRNewswire/ — Neusoft Corporation (Neusoft, SSE:600718), an industry-leading information technology, products and solutions company for global market, attended the Consumer Electronics Show 2025 (CES) and showcased a comprehensive range of intelligent automotive products, solutions and services powered by AI and driven by data. Under the theme “Dive In”, CES 2025 highlights the rapid advancement of AI technologies and their infiltration into various industries. Having launched its intelligent solutions strategy early last year, Neusoft attracted great attention at CES, demonstrating its steadfast commitment to global cooperation in driving the digital and intelligent transformation of the automotive industry.

At the exhibition, Neusoft showcased its intelligent cockpit systems, intelligent communication terminals, global navigation, AR-HUD, as well as its full-stack, all-domain automotive software engineering services. Among the highlights of Neusoft’s display was its OneCoreGo Global In-vehicle Intelligent Mobility Solution 5.0. With “One Map, One Sight, and One Store” product system, this innovative solution integrates Neusoft’s years of software technology expertise, its Navigation Product Family (Global Navigation, EHP, ISA, DR), AR For Car products, and global ecosystem partners’ resources, to build a comprehensive and intelligent one-stop solution, enabling global automakers to cater to the diverse mobility demands of users worldwide and deliver exceptional in-vehicle intelligent mobility experience.

As a key technology and innovation partner of automakers in the era of Software-Defined Vehicle (SDV), Neusoft possesses over 30 years of experience in automotive software R&D and provides a comprehensive range of automotive products, solutions and services to automakers & tier1 suppliers for their SDV transformation. With a global R&D and delivery network centered in China, Germany, Japan, US, and Malaysia, Neusoft’s automotive products and services have been applied to 1,800+ vehicle models, across 100+ countries, serving 50+ globally renowned automakers.

Looking into the future, Neusoft will stay aligned with the latest industry trends and evolving customer demands, continuously innovate in technology and products, collaborate with global ecosystem partners, to drive the mobility experience towards a future of unparalleled connectivity and intelligence.

For more information about Neusoft, please visit www.neusoft.com.

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SOURCE Neusoft Corporation

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