CAIRO, Oct. 15, 2024 /PRNewswire/ — Equiti Group and SIGMA Capital in a joint venture agreement have launched a financial education hub in Cairo. 

The new facility, featuring state-of-the-art classrooms and auditoriums, is now fully operational and ready to deliver comprehensive financial education to the Egyptian market. 

This strategic partnership aims to promote financial literacy and empower Egyptians with the tools to achieve financial freedom and actively participate in the growing financial markets.

Egypt, one of the fastest-growing economies in Africa and the Middle East, has experienced remarkable growth over the past two decades. With its GDP nearly tripling between 2002 and 2022, the country is home to a young, ambitious population eager to embrace opportunities in the global economy.

The Cairo hub is designed to provide a range of educational resources, from basic financial literacy to advanced market strategies. 

In addition to regular workshops and seminars, Equiti SIGMA will be hosting global market experts in Cairo throughout the year. 

These sessions will offer deep insights into global financial trends and cutting-edge strategies for navigating financial markets.

“Egypt is a hub of incredible potential,” said Iskandar Najjar, Equiti Group Co-founder. “Partnering with SIGMA Capital allows us to bring global expertise to a market that is championing growth. This hub will be key to driving financial independence for many Egyptians.”

This partnership represents not just a focus on education but a long-term investment in Egypt’s economic potential. With over 100 million people, Egypt’s youthful and digitally connected population is poised to drive the next wave of economic growth in the region. 

“We deeply believe in the potential of the Egyptian people,” said Ahmed Marwan, SIGMA Capital Chairman. “This educational hub is a pivotal step for both organizations, and we take great pride in delivering world-class financial education and insights that contribute to Egypt’s economic progress.”

Equiti Group’s commitment to sending global market experts to lead ongoing masterclasses ensures that Egyptians will have access to world-class financial education right from their doorstep.

“Great partners create great outcomes,” added Iskandar Najjar. “With SIGMA Capital, we have the opportunity to make a real, lasting impact and help more people access the tools they need to achieve financial freedom.”

The New Cairo office, situated in Plot 280, is now open and actively offering free educational programs. 

With a variety of learning formats and global expertise at their disposal, Equiti Group and SIGMA Capital are well-positioned to drive financial literacy and economic empowerment in Egypt.

For more information, visit Free Finance Workshops, Seminars and Resources | Equiti Sigma. 

About Equiti

Equiti is the brand name of ‘Equiti Brokerage Seychelles’ and an FSA-regulated member of the Equiti Group of companies. The Equiti Group offers trading technology, payment software, virtual assets, asset management and physical commodity solutions with a presence in Africa, Asia, Europe and the Middle East. The Group holds licenses from highly regulated jurisdictions across the world, including the UK’s FCA, the UAE’s SCA, Cyrpus’ CySec and more. 

About SIGMA Capital

SIGMA Capital is one of the leading financial services companies in Egypt. Established in 2000 with the aim of providing top-quality financial services to the regional market, SIGMA Capital’s first endeavour in Egypt was to establish its securities brokerage business, expanding its service offering to include custody, investment banking, asset management and private equity.

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Photo – https://mma.prnewswire.com/media/2529624/Sigma_classroom.jpg

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The companies have successfully showcased direct-to-device smartphone connectivity during this week’s India Mobile Congress in New Delhi.

NEW DELHI, Oct. 14, 2024 /PRNewswire/ — Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it has successfully demonstrated direct-to-device satellite connectivity in India for the first time.

Working alongside partner BSNL, India’s telecommunications provider, Viasat engineers successfully showcased satellite-powered two-way messaging services for attendees at India Mobile Congress — one of Asia’s largest technology fairs. Viasat is currently working with its partners, including BSNL in India, to power the expansion of satellite services on consumer and IoT devices across the world.

In the trial, Viasat demonstrated two-way messaging and SoS messaging using a commercial Android smartphone enabled for non-terrestrial network (NTN) connectivity. The messages were sent roughly 36,000km to one of Viasat’s geostationary L-band satellites. The outcome proves satellite services to cell phone connectivity is technically feasible for Indian consumers and businesses using Viasat’s satellite network.

Direct-to-device connectivity is a new technology which allows everyday devices – like mobile phones, smart watches, or cars – industrial machinery, and transport operators to connect seamlessly to both terrestrial and satellite coverage. This means devices can stay connected from any location without the need for dedicated hardware to connect to satellites. The new technology follows new global mobile 3GPP release 17 standards, which are currently being adopted by satellite operators, mobile network operators, handset and chipset manufacturers.

Viasat has a longstanding heritage in providing satellite safety services – including providing the backbone of the Global Maritime Distress and Safety Service (GMDSS), with more than 120,000 connected safety terminals, and flight deck safety communications for over 12,000 aircraft. It provides these highly reliable safety communications through its licensed L-band spectrum.

Viasat is also a founding member of MSSA, a non-profit industry association formed to support open interoperable architectures and standards for integrating terrestrial and NTN services. For mobile network operators, using existing licensed satellite spectrum avoids tying up valuable cellular spectrum and avoids new regulatory approval processes.

Sandeep Moorthy, Chief Technical Officer, Viasat, said: “It is exciting to be showcasing the potential for direct-to-device in India, where D2D could help reduce barriers to accessing satellite connectivity – particularly in India where millions do not have access to reliable terrestrial connectivity. In the future, D2D could help transform the Indian production and supply chain to become more efficient, more sustainable and safer, and support automotive applications to enhance safety and conditions-based maintenance. Together with partners like BSNL, Viasat is driving a standards-based, open, transparent, collaborative D2D ecosystem to deliver seamless connectivity experiences no matter where a person, device, or vehicle is.”

Robert J Ravi, Chairman and Managing Director, BSNL, said: “BSNL, in an exclusive partnership with Viasat, is proud to lead Direct-to-Device innovation. Today’s successful demonstration, the first in India, showcases the potential to enhance direct communications for critical services, disaster recovery, and even rural connectivity across India using the BSNL network and Viasat’s L-band satellite constellation.”

About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people’s lives anywhere they are—on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow us on Facebook, Instagram, LinkedIn, X or YouTube.

Copyright © 2024 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include, among others, statements that refer to the technical feasibility, potential benefits or future roll-out of direct-to-device connectivity in India.  Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: future partnerships in India required to deliver direct-to-device services; network availability or satellite capacity required to scale direct-to-device services; our ability to realize the anticipated benefits of satellites and any future satellite we may construct or acquire; risks associated with the construction, launch and operation of satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; the effect of adverse regulatory changes (including changes affecting spectrum availability or permitted uses) on our ability to sell or deploy our products and services; changes in the way others use spectrum; our inability to access additional spectrum, use spectrum for additional purposes, and/or operate satellites at additional orbital locations; competing uses of the same spectrum or orbital locations that we utilize or seek to utilize; In addition, please refer to the risk factors contained in our SEC filings available at www.sec.gov, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements for any reason.

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SOURCE Viasat, Inc.

BIXOLON Co., Ltd, a leading global Mobile, Label, and POS Printer manufacturer proudly introduces the XQ-840ll, a second generation of its 8-inch Android™ tablet mounted 4-inch (118 mm) desktop label printer. Engineered with a space-saving and waterproof design, the XQ-840ll runs on the Android™ 13 operating system and provides high level of manageability of a diverse range of applications through the Google Play Store ensuring enhanced productivity. Packed with high-performance features such as expandability connecting peripherals via USB host ports and large memory space, the XQ-840ll sets a new standard in labelling solutions.

SONGNAM-SI, South Korea, Oct. 15, 2024 /PRNewswire-PRWeb/ — BIXOLON Co., Ltd, a leading global Mobile, Label, and POS Printer manufacturer proudly introduces the XQ-840ll, a second generation of its 8-inch Android™ tablet mounted 4-inch (118 mm) desktop label printer. Engineered with a space-saving and waterproof design, the XQ-840ll runs on the Android™ 13 operating system and provides high level of manageability of a diverse range of applications through the Google Play Store ensuring enhanced productivity. Packed with high-performance features such as expandability connecting peripherals via USB host ports and large memory space, the XQ-840ll sets a new standard in labelling solutions.

Empowering developers with Android™ and Xamarin SDKs for easy app customization that meets their specific labelling requirements, the XQ-840ll also supports a suite of complimentary software applications including BIXOLON Food Labelling, Label Artist™ Web for simpler and lighter printing needs, all available to directly download in the tablet through Google Play Store. Additionally, businesses can leverage XCM™, a Companion Application of the XPM™, BIXOLON’s Web-Based Printer Profile Management Software, to remotely monitor printer status and replicate settings with precision.

The XQ-840ll seamlessly integrates a GMS (Google Mobile Services) certified 8-inch tablet offering advanced security and reliability, facilitating intuitive touchscreen operation and a 2MP Auto-focus camera for outstanding barcode capture. The tablet boasts 4 GB RAM, and 64GB Flash for rapid data processing, and supports an array of connectivity options including 1 USB, 2 USB Host ports, Dual-band WLAN (2.4G and 5G), and Bluetooth® V5.0. The XQ-840ll ensures steadfast communication between the tablet and the printer through USB connectivity.

This 4-inch (118 mm) label printer boasts impressive print speeds of up to 6 inches (152 mm) per second at 203 dpi, ensuring crisp and clear printing of texts, graphics, and 1D/2D barcodes. Compatible with leading programming languages such as SLCS, BPL-Z™, BPL-E™, and BXL/POS, the XQ-840ll supports media roll diameters of up to 130 mm and offers optional features including Auto-cutter, peeler, and wall-mount option for higher productivity.

“We are thrilled to introduce the next model of the XQ-840, our first two-in-one desktop label printer which has been well received, particularly for use in food prep environment,” remarked John Kim, Marketing Director at BIXOLON Ltd. “We expect the new XQ-840ll to address challenges in a wider range of applications including food delivery, logistics, and healthcare with its enhanced convenience and easy accessibility to customer applications.

For more information visit http://www.BIXOLON.com, subscribe to blog.bixolon.com, or speak to your local BIXOLON sales representative.

Availability
The XQ-840ll is available to order for the BIXOLON Head Office sales region. The product will then be available to order from BIXOLON Europe and BIXOLON America’s sales regions from January, 2025.

Media Contact

Jandy Kim, BIXOLON, +82-31-218-5500, jandy@bixolon.com, www.BIXOLON.com

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SOURCE BIXOLON