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High tech specs and adapted World Cup pitch sensors awarded share of £1.5m as finalists in Longitude Prize on Dementia

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AI glasses that help people living with dementia navigate their environment and a smartwatch that learns daily routines to assist in everyday tasks are among five groundbreaking technologies announced as finalists in The Longitude Prize on DementiaThe Longitude Prize on Dementia is a £4.4m prize funded by Alzheimer’s Society and Innovate UK and delivered by Challenge WorksThe prize is driving the creation of AI-based assistive technologies that can help people living with dementia maintain their independence for longerThe five finalists will share £1.5m to develop their solutions in pursuit of the £1m first prize to be awarded in 2026

LONDON, Oct. 8, 2024 /PRNewswire/ — State of the art AI glasses to help people with dementia navigate their environment and a smartwatch that learns daily routines are among five groundbreaking technologies awarded £300,000 as a finalist in the £4.4m Longitude Prize on Dementia.

It is rewarding the creation of new assistive technologies that use AI to transform how people live with dementia after a diagnosis so that they can maintain their independence for as long as possible.

The global challenge prize is funded by Alzheimer’s Society and Innovate UK and delivered by Challenge Works (part of Nesta).

One in three people born in the UK today will develop dementia in their lifetime, with around a million people in the UK living with a form of dementia now. This is projected to rise to 1.4 million people by 2040.

The five finalists, who were announced today in the UK on BBC One’s The One Show, will each receive £300,000 to develop their technologies in the next 15 months. The finalists are:

High-tech glasses that help users recognise objects and people – the technology helps people living with dementia to recognise objects and people and remember what to say or do to improve memory recall. This will help them to carry out daily activities independently, such as making a cup of tea or greeting a loved one. The glasses, which also work with existing prescriptions, aim to delay the progression of memory loss and use synaesthesia – associating senses such as sights and sounds (CrossSense, Animorph, UK).Football pitch sensor technology applied to predict and prevent falls – existing ‘fall’ technology can only inform caregivers once an accident has happened, this groundbreaking update will use the technology that maps how a football moves on a pitch (Ultra Wideband) to establish when falls are likely to happen and ultimately prevent them. This tech, worn in the form of a smartwatch designed for older people, could anticipate slips at certain points in a daily routine (e.g. before bed) or in certain locations (e.g. the bathroom). By detecting and calculating fall risk, the tech could limit risk of hospital admission which can speed dementia symptom progression (Theora 360, Clairvoyant Networks, Inc, USA).A smartwatch-based app to provide guidance on daily routines – this AI software processes data from a smartwatch and sensors around the home to learn about its users’ activities and gently guide them on their routines, reminding them of actions they may have forgotten through personalised cues such as illustrations (eg an open fridge or running tap), text, audio and vibrations. If they are not responsive, it will alert a carer. The software will become more intensive as a person’s dementia progresses, helping them to stay in their own home and community for longer (AUTONOMOUS, Associação Fraunhofer Portugal Research, Portugal).At-home monitoring-box that protects privacy – when a loved one is in the early stages of dementia and is still able to live independently, family members can sometimes worry about their wellbeing. This ‘sensor’ box and automated messaging system scans rooms to help remotely inform family members of the loved one’s wellbeing via WhatsApp or text message (e.g. your mum is up and about and the heating came on at the usual time this morning). This provides reassurance for both family member and user, but unlike existing monitoring technology, doesn’t use cameras or wearables, connecting caregivers without infringing on privacy (Supersense Technologies, UK).Home assistance device resembling a traditional telephone – this familiar-looking device offers a screen for video calls which can also display personalised reminders of daily activities. The phone connects users to a reassuring voice-recording of their choice that shares prompts on daily activities and displays images of items in that person’s house. It also makes video-calling loved ones as easy as picking up the phone, to empower people living with dementia to do things they love that bring meaning (MemoryAid, The MARCS Institute, Western Sydney University, Australia).

Dr James Brown, CEO of Supersense Technologies said: “A few years ago, I was volunteering with a charity supporting people who had just received a dementia diagnosis. At almost every house we visited there would be a drawer full of unused gadgets – fall-detection watches or pendants, AI speakers – great tech but clearly not being used by the people it was designed for.

“As an engineer and researcher with a decade of experience in developing sensor technology, I knew that there was far better, unintrusive technology that could help people with dementia or mild cognitive impairment to live safely in their own homes for longer, and to help families know that their loved one is safe and well. Our system is specifically designed to maintain a person’s privacy and autonomy, while identifying new behavioural patterns as soon as they develop, so that loved ones or carers can provide support at the right time, all with the aim of helping people to stay independent in their homes for longer.”

Kate Lee, CEO of Alzheimer’s Society said: “Currently, around one million people in the UK live with dementia, a figure projected to rise to 1.4 million by 2040. AI presents exciting opportunities to help those with dementia stay active and independent, enabling them to remain in their own homes for as long as possible. By harnessing the power of technology, we can support memory recall and assist individuals in maintaining their daily routines. The five finalists of the Longitude Prize on Dementia are tackling these challenges in innovative and diverse ways. I look forward to seeing how their technologies evolve over the next year.”

Dr Jennifer Bute was diagnosed with young-onset Alzheimer’s disease in 2009 at the age of 63, leading to her retiring early from her career as a GP. She adds: “Research suggests that remaining independent, whether in your own home or a place where extra help is available, is one of the best contributors to slowing the progression of Alzheimer’s disease. As a daily user of technology to help manage my finances, medications – even my home lighting – it’s really encouraging to see the breadth of new tools and services being developed to support independent living.”

Tris Dyson, Managing Director at Challenge Works said: “The Longitude Prize on Dementia was launched to help meet the urgent need for intuitive, AI technologies that could support independent living for people with dementia. Last year we saw some incredible ideas come through the 24 semi-finalist entries and it was a challenge for the judges to select the five finalists announced today. This announcement proves the critical role innovation, and challenge prizes, have to play in helping to solve some of the biggest challenges of our time.”

Stella Peace, interim Executive Chair, Innovate UK said: “Dementia’s impact is devastating for those who develop the condition and for their loved ones. There is much we can do to ensure that those with dementia continue to live fulfilling lives. Technology has a great role to play and the projects for which we have announced funding today have the potential to truly change lives for the better.”

In addition to the financial reward, non-financial support has been funded to provide innovators with crucial insight and expertise until the end of 2025. The support includes access to potential product users, mentorship, and expert advice on technical and business aspects of the innovation to ensure products are scalable. It will also facilitate knowledge sharing between participants. All teams will be working with people with lived experience to ensure solutions are fully co-created.

In early 2026, one winner will receive a prize pot of £1 million, following a judging process with the international Judging Panel and Lived Experience Advisory Panel. For more information on the finalists and prize, please visit dementia.longitudeprize.org.

 

Photo: https://mma.prnewswire.com/media/2524517/Longitude_Prize_on_Dementia.jpg

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Fibocom at Network X 2024: Advancing 5G FWA Solutions with Innovative Global Capabilities

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PARIS, Oct. 8, 2024 /PRNewswire/ — Fibocom (Stock code: 300638), a leading global provider of IoT (Internet of Things) wireless solutions and wireless communication modules, demonstrated the cutting-edge 5G AI FWA solution and a rich set of innovative module solutions at Network X 2024, the premier event for international fixed-line and mobile communities. Highlighting its robust international capabilities, Fibocom showcased its latest innovations in Fixed Wireless Access (FWA) technology, addressing the growing demand for advanced connectivity solutions across diverse markets.

AI Empowers Next-Generation 5G FWA

On the opening day of Network X 2024, Fibocom introduced a groundbreaking AI-powered FWA solution built on the Snapdragon® X75 5G Modem-RF System. By integrating AI into 5G FWA devices, Fibocom transforms the users’ interaction with end devices, delivering a significantly improved and more intuitive experience.

FIBO X Innovations Driving Global Connectivity

Fibocom’s on-site showcase highlighted the practical applications of its FWA Lite and FWA Pro solutions, first introduced at MWC Barcelona 2024, which reflects Fibocom’s technical expertise in delivering scalable solutions tailored to diverse needs.

In its FWA Pro portfolio, Fibocom presented a range of 5G modules, including the FX190(A/W), FX180(W), FX170, FG370, and FG360, alongside integrated solutions. These innovations support the deployment of Customer Premises Equipment (CPEs), Outdoor Units (ODUs), and Mobile Hotspots, offering Wi-Fi capabilities ranging from AX3000 to BE19000. Notably, the FG370/FG360-embedded ODU is equipped with an Ultra High Gain Antenna, delivering up to 15-19 dBi of gain.

For FWA Lite, Fibocom showcased its 5G RedCap modules, including the FG332, FG131, and FG132. These compact modules can be integrated into mobile hotspot devices and Dongles easily. Especially, the dongle can enable hybrid connections that switch between 5G RedCap and the wired network. This boosts coverage, flexibility, and data speeds while reducing latency.

During this special occasion, Fibocom unveiled its latest innovation portfolio, FIBOX, featuring FIBO-Link, FIBO OFLD (offload), and FIBOxOS (e.g. RDK-B, prpl OS, etc). The FIBOX collaboration integrates state-of-the-art hardware and software, highlighting Fibocom’s capability to deliver seamless, end-to-end connectivity. It underscores Fibocom’s technological leadership, enabling advanced applications across industries and driving new use cases in the evolving FWA landscape.

Commitment to Global Strategy

As Fibocom’s core strategy, the global operation enables its success in delivering high-quality FWA solutions worldwide. Fibocom promises local support worldwide for clients to integrate and deploy their solutions seamlessly. Meanwhile, Fibocom has built a reputation for achieving strong recognition from Tier 1 carriers worldwide, further solidifying its position as a trusted provider of wireless communication solutions. Furthermore, the established robust global manufacturing footprint, allows Fibocom to meet regional requirements with located mature production facilities.

This global reach not only enhances Fibocom’s ability to deliver high-performance solutions but also enables faster time-to-market and lower deployment costs for its customers.

Fibocom’s presence at the event underscored its commitment to driving the future of connectivity through both technological innovation and operational excellence. The Network X 2024 is still underway in Paris. Visitors are welcome to explore Fibocom’s latest innovations at Booth #D1.

About Fibocom

Fibocom is a global leading provider of wireless communication modules and solutions as well as the first wireless communication module provider listed on China A-shares stock market (stock code: 300638). Fibocom offers a one-stop solution for industry customers by integrating wireless communication modules and IoT solutions. With over two decades of engagement in M2M and IoT communication technology and extensive expertise, we are capable of bringing reliable, convenient, secure and intelligent connectivity service to every industry, enriching smart life with a perfect wireless experience. Fibocom’s product portfolio ranges from cellular modules (5G/4G/3G/2G/LPWA), automotive-grade modules, AI modules, android-smart modules, GNSS modules and antenna service. Together, we aim to empower digital transformation across industries such as ACPC (Always Connected PC), mobile broadband, smart retail, C-V2X, robotics, smart energy, IIoT, smart cities, smart agriculture, smart home, telemedicine, etc.

Find out the latest news at www.fibocom.com, and follow us on LinkedIn /X /Facebook /Youtube.

Media Contact: pr@fibocom.com

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SOURCE Fibocom Wireless Inc.

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Webull’s Group President visits Asia-Pacific, affirms commitment to the region

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SYDNEY, Oct. 9, 2024 /PRNewswire/ — Anthony Denier, the Group President of Webull Corporation (‘Webull’), a leading digital investment platform, recently concluded a visit to the Asia-Pacific region. The trip underscored Webull’s growth ambitions and ongoing commitment to expanding its footprint in the region. Building on its success in the U.S., Webull entered Hong Kong in 2020, followed by expansions into Singapore and Australia in 2022. In 2023, Webull entered Japan and Indonesia, and, most recently in 2024, Malaysia and Thailand. As of 31st July 2024, Webull has achieved a remarkable year-over-year (‘YoY’) growth rate of 100% in its assets under management (AUM) within the APAC region.

“We are incredibly proud of Webull’s rapid expansion in the APAC region. Since we entered APAC in 2020, we have seen a steady increase in our user base, with investors leveraging Webull’s trading tools to develop comprehensive and diversified investment portfolios across the U.S. and APAC markets. In the next two years, Webull aims to be a top broker-dealer in every region, and we remain committed to developing innovative solutions that will allow us to grow significantly while ensuring trading remains accessible and affordable for all retail investors,” said Mr. Denier.

Strong American genes, deeply rooted in the global market

Launched in the U.S. in 2018, Webull has since expanded its reach to the APAC region, Europe, Africa, and Latin America, achieving over 40 million downloads globally and surpassing 20 million registered users. In 2023, Webull saw a YoY increase of 38% in customer assets, reaching a value of US$8.2 billion. For the full year of 2023, the equity notional volumes of U.S. stock trades, reflecting platform user trading activity, reached US$371 billion, and the number of options contracts traded reached 430 million. In the fourth quarter of 2023, Webull achieved a user retention rate of 98%. These performances are a result of the positive trading experience for users and the trust they have in Webull.

Already one of the leading digital brokerages in the U.S., Webull continues to strengthen its presence across 13 global markets. Its strong foundation in the U.S. allows Webull to serve as a key gateway for local investors in APAC to access the U.S. market. In addition, Webull is committed to providing both the tools and knowledge needed to empower investors to better navigate the investing world, making Webull a trusted brokerage amongst local investors.

Webull Australia establishes itself as a serious competitor in the Aussie broking landscape

Since the launch of Webull Australia in late 2022, the firm was also admitted as a Trading Participant in May 2023 on the Australian Securities Exchange (‘ASX’) and Cboe Australia Pty Ltd (‘Cboe’), providing assurance to investors as to the security and legitimacy of Webull’s trading platform.

To further establish its presence in Australia, Webull has rolled out a variety of industry-leading market features and services over the past few years. Along with CHESS-sponsored ASX stocks, it now offers access to over 15,000 global stocks and ETFs, alongside US options , and US fractional shares, allowing Australians to diversify their portfolios beyond local markets. The inclusion of US options trading and the availability of US fractional shares address the needs of a wide range of investors, from the cautious to the adventurous, and from the small-scale investor to those with larger capital outlays. In addition, the firm also offers trading in Hong Kong and China connect securities.

Earlier this year, Webull implemented a game-changing feature by providing 24/5 trading access, allowing Australian investors to trade US stocks outside the conventional market hours. This significantly enhances the flexibility afforded to Australians by enabling them to participate in the US markets in a timeframe more suited to their schedules, despite time zone differences. In parallel, by offering $0 brokerage on an extensive range of ETFs, Webull reduces the cost barrier for frequent traders and those looking to rebalance their portfolios without incurring high transactional costs.

Webull’s innovative cash management service is another remarkable addition that allows traders to earn competitive returns on their uninvested balances. This service ensures that capital reserves are never dormant and are instead actively contributing to an investor’s overall return potential.

Rob Talevski, CEO, Webull Securities Australia, said “We pride ourselves on the level of market access that we provide our local investors, with minimal fees and industry-leading technology, products, and services. The ongoing growth of our user base is a testament to the quality of the product we offer Australian investors, which we will continue to optimise.”

To learn more about Webull’s products and services, please visit the website: https://www.webull.com.au/

Media contact:
Cognito for Webull
Webull@cognitomedia.com

About Webull Australia

Webull Securities (Australia) Pty. Ltd. is a leading financial services provider, holding an Australian Financial Services Licence (AFSL 536980) and regulated by the Australian Securities and Investments Commission (ASIC). As a trading participant of both the Australian Securities Exchange (ASX) and Cboe Australia, and a principal member of the Stockbrokers and Investment Advisers Association, Webull ensures the highest standards of service and security. All client funds are securely held in client money trust accounts at an approved Authorised Deposit-taking Institution (ADI), and all Australian shares are CHESS-sponsored.

About Webull Group

Webull is a leading digital investment platform built on next generation global infrastructure. The Webull Group operates in 15 regions globally and is backed by private equity investors located in the United States, Europe and Asia. Webull serves 20 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures and fractional shares, through Webull’s trading platform. Learn more at https://www.webullcorp.com/.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/webulls-group-president-visits-asia-pacific-affirms-commitment-to-the-region-302269835.html

SOURCE Webull Securities (Australia) Pty. Ltd.

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Soprano Design Celebrates 30 Years of Continued Innovation

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APAC’S LARGEST CPAAS PROVIDER EYES NEW TECHNOLOGY BREAKTHROUGHS AFTER CELEBRATING MILESTONE ANNIVERSARY

SYDNEY, Oct. 9, 2024 /PRNewswire/ — Australian technology company Soprano Design proudly celebrates its 30th anniversary this year, marking an impressive ongoing journey that has powered billions of mobile interactions over the past 30 years.

As the company enters its fourth decade, Soprano has its sights on the next 30 years of innovation having recently introduced new authentication methods that improve security and simplify user access.

Following the milestone anniversary, Soprano Design Founder and Chairman, Dr. Richard Favero, shared his gratitude at the company’s journey from humble beginnings to becoming one of the largest Communication Platform as a Service (CPaaS) providers in the world.

“It’s amazing to think that this company started in the bedroom of my Redfern terrace and is now serving more than 25 billion interactions every year for enterprises and governments across 20+ countries,” he said.

“So much has changed from a technology standpoint in the 30 years since Soprano was founded. Our ability to continually innovate and stay ahead of that change is what’s powered everything from Australia’s first mobile payment transaction to delivering the first One-Time Password via SMS.”

– Dr Richard Favero, Founder and Chairman, Soprano Design

“Our partnerships with Mobile Network Operators around the world play a critical role in our ability to serve our customers. Here in Australia, we’re fortunate to have had a strong relationship with the MNOs for over 24 years,” he said.

“Our MNO partnerships have been essential in keeping Australians connected when it matters most. From ensuring public safety during Covid to providing secure online banking, together we’ve delivered digital engagement that truly makes a difference in people’s lives.”

– Dr Richard Favero, Founder and Chairman, Soprano Design

The milestone anniversary also coincides with the successful integration of Soprano’s recent Whispir acquisition, which cements Soprano’s position as the largest CPaaS provider in the APAC region.

While the company’s roots lie in Australia, Soprano’s journey is recognised as a genuine Aussie-tech success story, with more than 70% of its business operating internationally.

Looking ahead to the next 30 years, Dr Favero shared his excitement at further strengthening Soprano’s position as a market-leading CPaaS provider.

“I’m thrilled about Soprano’s achievements over the past 30 years. As we look ahead, I’m excited to see our multi-cultural and multi-national team build on the amazing momentum we’ve achieved as the next chapter of our story unfolds,” he said.

Soprano Design is committed to leading the way when it comes to providing secure, efficient and engaging automated communication experiences for its enterprise and government customers, with Conversational AI and RCS Messaging support added to its solution in recent years.

For more information about Soprano Design and its communication solutions, please visit sopranodesign.com/ 

Ends.

————————————————————————————————

Media Contact:

Cherie Reuben
Senior Group Marketing Manager
cherie.reuben@sopranodesign.com 

 

View original content:https://www.prnewswire.com/apac/news-releases/soprano-design-celebrates-30-years-of-continued-innovation-302270619.html

SOURCE Soprano Design

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