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The Globalization Path of EPG CEO Alick Wan: a New Player Ready to Rock the Data Center Industry

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SHANGHAI, Nov. 14, 2024 /PRNewswire/ — On October 9-10, EPG Group made its second consecutive appearance at the 2024 Data Centre World Asia (Singapore Data Centre Exhibition) after making a successful debut at last year’s exhibition. During the exhibition, EPG showcased its advanced liquid cooling system developed for AIDC, as well as several prefabricated (modular) solutions for IDC&AIDC construction.

EPG, a leading AI infrastructure service provider, an integrated enterprise that combines R&D, manufacturing, and services of prefabricated data centers, is gradually gaining prominence in the data center industry, redefining the future with its innovative products.

Alick Wan, the chairman and CEO of EPG, with exceptional foresight and courage, has spent nearly three decades, building his own business empire from the ground up.

From Small County to Nationwide

Wan was born in Jinhu County, a small city in northern Jiangsu surrounded by lakes. Rivers and streams were where Wan spent his childhood at. From an early age, he understood the deceptive power of water – serene yet forceful. These early experiences shaped his calm demeanor and resilient spirit.

In 1997, six years after graduating from college, Wan founded his first company. As a first-time entrepreneur, he chose the electromechanical equipment industry, leveraging his familiarity with the sector.

Wan always had an international vision and an open mindset for his business, and was intent on spotting new opportunities in the market. He established joint ventures with business partners from Singapore and Hong Kong, China, which gave him access to business opportunities from large multinational engineering companies.

After participating in projects in more than 60 countries worldwide, his company gradually emerged in the power system segment, accumulating considerable influence.

In 2004, to realize the bigger blueprint in his mind, Wan decided to start his next business chapter. That year, he founded EPG.

Engine, Power, and Generate

Wan says that the company’s name, “EPG,” stands for Engine, Power, and Generate, symbolizing the company’s mission to serve as a powerful engine that drives significant advancements in society.

“In the past, building data centers in China followed the mindset of constructing buildings” said Wan. “However, the ever-growing trend of data centers also faced growing pains—high costs, being time consuming, and not to mention higher energy consumption and more water consumption, which not only increased their costs but also had more negative environmental impacts.”

Wan then sensed a “green trend” and the market demand behind it.

To this end, EPG developed a green data center construction solution: Besides conventional renewable energy sources such as wind and solar power, microgrid technology can provide a more stable and diverse combination of renewable energy.

In addition, cold plate liquid cooling’s internal circulation and dry cooler’s external circulation can cool high-power AI servers, significantly reducing data centers’ water consumption.

Amid the trends of green energy conservation and efficient standardization, the construction method of data centers has also undergone tremendous changes, shifting away from the traditional civil engineering approach to a “Lego-like” one.

The fully prefabricated modular data center solution overcomes the downsides of traditional data center construction. It redesigns and optimizes the distribution of computer rooms, power generators, and other modules, concentrating them in cabins. For clients, these cabins serve as ready-to-use “building blocks” that can be flexibly combined into a data center based on different client needs.

Overseas, this new construction method can shorten the delivery cycle of traditional data centers from 24 to 36 months to 9 to 12 months. At the same time, prefabricated data centers can reduce the total construction cost of overseas projects by 30 to 50%.

Growing with AI, EPG Explores Globalization Path

In recent years, the field of AI has ushered in a surging wave of development. Wan quickly seized these new development opportunities.

“The development of AI will promote the development of chip and server technologies, bringing disruptive challenges to data center construction, and we need to make fast moves too,” Wan said, expressing his views on the AI market, “AI is a large-scale, fast-growing industry, expected to grow at a compound annual growth rate of 36.6% from 2024 to 2030. On the other hand, AI is also a highly globalized industry, requiring a global perspective and execution for almost all business aspects.” Wan said.

Wan firmly believes that only by entering the most frontier markets and mastering first-hand information can the best business decisions be made. Therefore, EPG’s globalization blueprint is unfolding.

In recent years, EPG has extended its business to the Southeast Asian region and established a Southeast Asian subsidiary. Wan stated that the demand for cloud services, artificial intelligence (including AIGC and AGI.), and the Internet of Things (IoT) is continuously growing in the region. At the same time, public and private organizations, as well as multinational companies, are actively investing in IDC (Internet Data Centers) and AIDC (Artificial Intelligence Data Centers) in Southeast Asian countries. Wan believes that the Southeast Asian market is the next growth point for EPG to seek business breakthroughs.

“We have invested in factories in the Southeast Asian region and have attracted many talents to join, aiming to create a more localized business development model,” Wan said, “In addition, EPG is also actively exploring data center markets in Europe, America, and other global regions. In the future, we will use Southeast Asia as a bridgehead to integrate and optimize the supply chain ecosystem and create data center products and solutions with global competitiveness.”

Currently, EPG has strong R&D and manufacturing capabilities overseas, as well as a strong sales network. As the only prefabricated service provider with self-built factories both domestically and internationally, EPG’s footprint has covered markets in Singapore, Malaysia, Indonesia, Vietnam, Thailand, UAE, Spain, and the United States, and is gradually exploring multiple emerging markets.

In 2023, Wan enrolled in CKGSB (Cheung Kong Graduate School of Business), and after completing his studies in 2024, he signed up for the fifth session of the ASEAN-RCEP Leaders Program at CKGSB. As the enterprise enters a new stage of development, he recognizes the need to continuously be on a learning journey, so in order to successfully meet the challenges of today and tomorrow

About EPG Group

EPG Group is a leading manufacturing company specializing in prefabricated (modular) data center products. With a robust R&D team based in Shanghai, our high-end manufacturing plants in Shanghai and Malaysia, and a significant presence across Southeast Asia, the Middle East, and the United States, we are at the forefront of innovation in the data center and power systems industry.

Our global footprint includes company setups in Hong Kong, Shanghai, Beijing, Suzhou, Shenzhen, Chengdu, and Langfang. With over 20 years of experience, we have delivered innovative solutions for hyperscale data center projects across Asia, Africa, South America, and the Middle East.

EPG Group is committed to pushing the boundaries of technology and providing top-tier solutions to meet the evolving demands of the industry, bringing cutting-edge technology and unparalleled expertise to our clients worldwide.

View original content:https://www.prnewswire.com/apac/news-releases/the-globalization-path-of-epg-ceo-alick-wan-a-new-player-ready-to-rock-the-data-center-industry-302304481.html

SOURCE EPG Group

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AIRS Medical to Showcase Latest AI Innovations at RSNA 2024

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SEOUL, South Korea, Nov. 26, 2024 /PRNewswire/ — AIRS Medical, a leader in AI-driven diagnostic imaging solutions, is excited to present its latest innovations at the 2024 Radiological Society of North America (RSNA) conference at McCormick Place in Chicago. Visit us at South Hall Booth #4721 to learn more about SwiftMR®, our award-winning MRI acceleration solution, and other breakthroughs in diagnostic imaging.

What to expect at RSNA

We’ve packed an exciting agenda for RSNA 2024, including:

Lunch & Learn (December 1st, 11:45am) — Discover how SwiftMR enhances MRI image quality, increases revenue potential, and elevates the patient experience.AI Theater Presentation #1 (December 1st, 3pm) — Hear from Seung-Hong Choi, MD, PhD, Professor in the Department of Radiology at Seoul National University, as he discusses the clinical validation of SwiftMR and its impact on diagnostic accuracy and efficiency.AI Theater Presentation #2 (December 2nd, 11am) — Find out from Daryl Eber, MD, co-founder of 3T Radiology & Research, how his practice generated over $200,000 in just two months using SwiftMR.

We will also hold Meet the Experts sessions on December 1st (1pm), December 2nd (11:15am), and December 3rd (10:30am), featuring radiology experts who have successfully integrated SwiftMR into their practices.

For more details and to register, visit our website.

Expanding access to care through strategic partnerships

In 2024, AIRS Medical partnered with industry leaders including Bayer and RAYUS Radiology to expand access to AI-powered healthcare solutions. By collaborating with these distinguished organizations, we’re accelerating SwiftMR’s adoption and expanding access to care worldwide, transforming MRI workflows and facilitating a smoother patient journey.

2025 and beyond

As we look to the future, AIRS Medical remains committed to expanding access to diagnostic imaging services and pioneering AI innovations. Building on the momentum of 2024, we will continue to empower healthcare providers worldwide with solutions that redefine what’s possible in medical imaging. We’re excited to broaden SwiftMR’s reach and introduce new technologies in the coming year.

About AIRS Medical

AIRS Medical is a recognized leader in AI-powered diagnostic imaging and has been named one of the world’s top digital health companies. Our flagship product, SwiftMR, has earned multiple awards for its speed in MRI, and our team has been celebrated as innovators in AI. Driven by a mission to expand access to preventive healthcare, AIRS Medical is at the forefront of MRI efficiency, enabling imaging centers to serve more patients and deliver essential care to their communities.

To learn more about AIRS Medical, visit airsmed.com/en.

Ashley Guidace
AIRS Medical
Director of Global Marketing
ashley.guidace@airsmed.com
+1 (847) 306-8731

View original content to download multimedia:https://www.prnewswire.com/news-releases/airs-medical-to-showcase-latest-ai-innovations-at-rsna-2024-302315960.html

SOURCE AIRS Medical

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BMO Ranks First in J.D. Power 2024 Canada Wealth Management Digital Experience Study

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TORONTO, Nov. 26, 2024 /CNW/ – BMO today announced it has received the highest score for wealth management digital experience among full-service investors in the J.D. Power 2024 Canada Wealth Management Digital Experience Study.

The study evaluates customer satisfaction among full-service investors with their wealth management digital experience, inclusive of both apps and websites, based on four factors:

Visual appealNavigationSpeedInformation/content

“We are incredibly proud of our colleagues for their dedication to improving and modernizing our Private Wealth platform over the last two years. This recognition reflects BMO Private Wealth’s significantly enhanced digital capabilities, including on-demand performance reporting and market leading equity research and our commitment to meeting our clients where they are in their wealth management journey,” said Kevin Barnes, North American Head, BMO Private Wealth. “Across BMO Wealth Management, we are putting our clients at the centre of all we do. Leading with a digital-first mindset, we will continue to improve the ease and simplicity of our platform to meet our clients’ evolving needs, help them make real financial progress and enjoy the opportunities that come with achieving their goals.”

For more information about BMO Private Wealth, please visit: https://www.bmo.com/en-ca/main/privatewealth.

The 2024 Canada Wealth Management Digital Experience Study evaluates customer satisfaction with the wealth management digital experience, inclusive of both apps and websites. This year’s study is based on responses from 4,860 full-service and self-directed investors and was fielded from June through August 2024.

About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.4 trillion as of July 31, 2024. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

J.D. Power Award Disclaimer
BMO received the highest score in the Full-Service Investors segment of the J.D. Power 2024 Canada Wealth Management Digital Experience Study, which measures client satisfaction with wealth management websites and mobile apps among those who invest through a dedicated advisor. For more information, visit jdpower.com/awards for more details.

SOURCE BMO Financial Group

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Palm Beach County Upgrading to Latest Siyata Technology

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Deployment to begin in fourth quarter of 2024

VANCOUVER, BC, Nov. 26, 2024 /PRNewswire/ — Siyata Mobile Inc. (NASDAQ: SYTA, SYTAW) (“Siyata” or the “Company”), a global vendor of Push-to-Talk over Cellular (“PoC”) devices and cellular signal booster systems, announced today that the School District of Palm Beach County, in Florida, a current Siyata customer, and one of the ten largest school districts in the United States, is upgrading its existing Siyata communications solution to Siyata’s latest generation SD7 handsets and VK7 Vehicle Kits with AI-enabled noise cancelling speaker microphones.

Marc Seelenfreund, CEO of Siyata, stated, “For more than five years, the School District of Palm Beach County has been a customer of Siyata using our UV350 In-Vehicle devices, and has experienced the many benefits of our smartphone technology. Upgrading to newer devices with our noise cancelling remote speaker microphones will make communications even clearer for school bus drivers, and safer for both their drivers and their students.”

Shane Searchwell, Director of Transportation Services for The School District of Palm Beach County, commented, “Siyata’s solutions have served us well over the last several years, and we are eager to upgrade to the latest technology to further improve communications for our bus drivers. There can be a lot of background noise on school buses, so the AI-enabled noise cancelling feature in Siyata’s devices will undoubtedly further improve the clarity of communications in our bus operations.”

About Siyata Mobile

Siyata Mobile Inc. is a B2B global developer and vendor of next-generation Push-To-Talk over Cellular handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire, and ambulance organizations as well as schools, utilities, security companies, hospitals, waste management companies, resorts and many other organizations use Siyata PTT handsets and accessories today.

In support of our Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade In-Vehicle solutions and Cellular Booster systems enabling our customers to communicate effectively when they are in their vehicles, and even in areas where the cellular signal is weak.

Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors.

Siyata’s common shares trade on the Nasdaq under the symbol “SYTA”, and our public warrants trade on the Nasdaq under the symbol “SYTAW”.

Visit www.siyata.net and unidencellular.com to learn more.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Siyata’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Siyata’s filings with the Securities and Exchange Commission (“SEC”), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites and social media have been provided as a convenience, and the information contained on such websites or social media is not incorporated by reference into this press release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/palm-beach-county-upgrading-to-latest-siyata-technology-302316239.html

SOURCE Siyata Mobile Inc.

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