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Gaming Chair Market to Grow by USD 545.8 Million (2024-2028), Health Benefits Driving Revenue, with AI Redefining Market Landscape – Technavio

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NEW YORK, Nov. 19, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global gaming chair market  size is estimated to grow by USD 545.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  8.8%  during the forecast period. Health-related benefits of using gaming chairs is driving market growth, with a trend towards emergence of ergonomic gaming chairs. However, increasing adoption of mobile games  poses a challenge.Key market players include Ace Casual Furniture, Aerocool Advanced Technologies Inc., AKRacing America Inc., AndaSeat, Arozzi North America, BRAZEN GAMING CHAIRS, Caseking GmbH, Clutch Chairz USA Ltd., Corsair Gaming Inc., DXRacer USA LLC., GT Omega Racing Ltd., MillerKnoll Inc., Impakt SA, LF Gaming, NOBLECHAIRS, Playseat BV, Raidmax, Roto VR Ltd., Secretlab SG Pte. Ltd., Thermaltake Technology Co. Ltd., ThunderX3, and Vertagear Inc.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Price (Mid-range, Low-range, and High-range), Type (Table, Hybrid, and Platform), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Ace Casual Furniture, Aerocool Advanced Technologies Inc., AKRacing America Inc., AndaSeat, Arozzi North America, BRAZEN GAMING CHAIRS, Caseking GmbH, Clutch Chairz USA Ltd., Corsair Gaming Inc., DXRacer USA LLC., GT Omega Racing Ltd., MillerKnoll Inc., Impakt SA, LF Gaming, NOBLECHAIRS, Playseat BV, Raidmax, Roto VR Ltd., Secretlab SG Pte. Ltd., Thermaltake Technology Co. Ltd., ThunderX3, and Vertagear Inc

Key Market Trends Fueling Growth

The gaming chair market is thriving with trends like Hybrid and Platform chairs, catering to both residential and commercial sectors. Home Centers and Specialty Stores, including Start-ups, offer a wide range of chairs for Gamers. Hardware compatibility with electronic devices and new games, whether PC, console, or mobile, is crucial. Online gaming, social media, and e-games drive demand for ergonomic chairs with features like lumbar support, padded backrests, and height-adjustable armrests. Professional gamers prefer high-end video games and demand chairs with steady support, 135-degree adjustable backrests, 4D armrests, and carbon-look coverings. Ergonomic support, adjustment settings, and accessories like speakers, head cushions, and retractable footrests enhance the gaming experience. Health and fitness concerns, such as prolonged sitting, postural stress, and obesity-related health issues, fuel the market for ergonomic chairs. Variants like Racer, Recliner, Rocker, Pedestal chairs, and adjustable lumbar support cater to different preferences. The entertainment sector focuses on player experience, motion, and virtual reality games. Sales of gaming chairs continue to grow, driven by esports tournaments, online streaming, and gaming peripherals. Materials like PU Leather and PVC Leather are popular, with High-Range, Medium-Range, and Low-Range options available. Game cafes and e-sports facilities invest in ergonomic chairs with features like caster wheels, swiveling bases, and adjustable armrests. Gaming chairs are not just for video game enthusiasts; they cater to all types of gamers, from board games to realistic games. 

An ergonomic gaming chair is a crucial investment for avid gamers, designed to alleviate discomfort and muscle strain that can lead to health issues like herniated lumbar discs. Unlike conventional chairs, ergonomic gaming chairs promote a natural hand position and sitting posture. They offer features such as reclining capabilities, swivel and tilt functions, seat-side controls, and neck pillows, enabling gamers to relax and recuperate during extended gaming sessions. These chairs are essential for maintaining optimal comfort and reducing the risk of injury while playing. 

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Market Challenges

The gaming chair market is a growing sector in the entertainment industry, catering to both residential and commercial consumers. Two popular types are Hybrid Gaming Chairs and Platform Gaming Chairs. Challenges include ensuring hardware compatibility with various electronic devices, keeping up with new games and online gaming trends, and meeting the needs of professional gamers. Distributors face competition from Home Centers, Specialty Stores, Start-ups, and Online Stores. Gamers prioritize ergonomic features like lumbar support, adjustable armrests, and a cozy seating position. Health and fitness concerns, such as prolonged sitting and postural stress, drive demand for ergonomic designs. Gaming chairs come in various types, including Racer Chairs, Recliner Gaming Chairs, Rocker Gaming Chairs, and Pedestal Gaming Chairs, with or without wheels. Accessories like speakers, retractable footrests, and built-in massage units add value. Market segments include Residential, Commercial, and Gaming Center facilities. Key challenges include catering to different price points (High-Range, Medium-Range, Low-Range), addressing health issues like back injuries, carpal tunnel syndrome, and obesity, and ensuring compatibility with various electronic devices and games, including PC games, console games, mobile games, and virtual reality games. Sales depend on player experience, motion, and realism, as well as gaming peripherals and accessories. Success relies on understanding the needs of video game enthusiasts and offering a wide range of variants and customization options.The mobile gaming market has experienced significant growth due to the widespread use of smart devices. Mobile games generate the majority of revenue in this sector, with smartphones accounting for approximately 75%. The convenience of playing games on-the-go has led to an increase in gaming usage on smartphones. Gaming apps are readily available for free on smartphones, eliminating the need for additional controllers. This accessibility and affordability have made mobile gaming a popular pastime for many. Companies are responding to this trend by focusing on app development for mobile games, further expanding the market.

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Segment Overview 

This gaming chair market report extensively covers market segmentation by

Price 1.1 Mid-range1.2 Low-range1.3 High-rangeType 2.1 Table2.2 Hybrid2.3 PlatformGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Mid-range-  The mid-range segment of the global gaming chair market is currently the most preferred choice for consumers. These chairs offer proper armrests, which help alleviate shoulder and arm pain. Mid-range gaming chairs come with decent-quality audio systems and sizable subwoofers, adding to the overall gaming experience. X-Rocker is a leading brand in this segment, producing chairs like the X-Rocker Pro. Mid-range gaming chairs resemble office chairs but have a slightly lower height. Their adjustable height allows users to align the chair with their TV or media device, reducing neck strain. The mid-range segment’s popularity will continue to fuel the growth of the global gaming chair market due to its reasonable pricing and added features.

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Research Analysis

The Gaming Chair market encompasses various types of chairs designed specifically for PC gamers and video game enthusiasts. These chairs offer enhanced ergonomic support for long gaming sessions, with popular variants including Racer Chairs, Recliner Gaming Chairs, Rocker Gaming Chairs, Pedestal Gaming Chairs, Beanbag Gaming Chairs, and Hybrid Gaming Chairs. With wheeled options (With Wheel) or without (Without Wheel), these chairs cater to both residential and commercial settings. Home Centers and Specialty Stores are common retailers, while Start-ups and online platforms are gaining popularity. Features such as adjustable settings, armrests, swiveling bases, caster wheels, and even integrated speakers enhance the gaming experience. Gamers, from casual to professional, benefit from these chairs’ ergonomic design and customization options. Accessories like headrests, footrests, and cup holders further add to the gaming chair experience.

Market Research Overview

The gaming chair market is a dynamic and growing industry, catering to the needs of both residential and commercial consumers. Hybrid and platform gaming chairs are popular choices, offering a blend of comfort and functionality for gamers. These chairs come with various features such as ergonomic designs, adjustable lumbar support, padded backrests, height-adjustable armrests, and steady bases. Gamers can choose from a range of variants, including Racer Chairs, Recliner Gaming Chairs, Rocker Gaming Chairs, and Pedestal Gaming Chairs, with or without wheels. Hardware compatibility is essential, ensuring the chair works with various electronic devices, including PCs, game consoles, and mobile devices. New games, online gaming, and social media platforms have fueled the demand for gaming chairs, with e-games, board games, high-end video games, and virtual reality games also driving sales. Ergonomic chairs with health and fitness features, such as lumbar support, posture correction, and adjustable settings, are increasingly popular. These chairs help prevent postural stress and health issues, including back injuries, torque back, wrist problems, and muscle stiffness. The entertainment sector, including game cafes and esports tournaments, is a significant market for gaming chairs. Accessories like speakers, head cushions, detachable footrests, and retractable footrests, add to the overall gaming experience. The market also includes start-ups and specialty stores, offering a range of prices from high-end to low-range, including PU Leather and PVC Leather chairs. Gaming chairs are not just for video game enthusiasts but also for those who enjoy outdoor games, cozy seating positions, and motion-based games. With RGB lighting systems, colors, and designs, these chairs offer a personalized gaming experience. Prolonged sitting can lead to health issues, making ergonomic chairs an essential investment for gamers.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

PriceMid-rangeLow-rangeHigh-rangeTypeTableHybridPlatformGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Benzinga Announces Winners for the 2024 Global Fintech Awards

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NEW YORK, Nov. 19, 2024 /PRNewswire/ — Benzinga, the leading financial media platform for next-generation investors, is thrilled to announce the winners and runners-up of its 10th annual Benzinga Global Fintech Awards. The prestigious event, held at Convene Brookfield Place in New York City, celebrated innovation, excellence, and outstanding achievements across over 25 categories, recognizing companies and individuals who are shaping the future of financial technology.

“This year’s finalists and winners embody the transformative power of fintech innovation,” said Jason Raznick, Founder of Benzinga. “We are proud to honor the brightest minds and most innovative companies in the fintech industry. Their contributions are driving significant advancements and shaping the future of finance.”

Lifetime Achievement Award

Winner: Anthony Pompliano

Best of Awards

Best Alternative Investments Platform

Winner: Arrived HomesRunner-Up: Groundfloor: Fractionalized Retail Investing

Best API Solution

Winner: Polygon.ioRunner-Up: DriveWealth

Best Automated Trading Software

Winner: TickblazeRunner-Up: AlgoBulls

Best Broker for Sophisticated Traders

Winner: AlpacaRunner-Up: TradeStation

Best Brokerage App

Winner: WebullRunner-Up: TradeStation

Best Brokerage for Beginners

Winner: StashRunner-Up: eToro

Best Brokerage for Day Trading

Winner: TradeUpRunner-Up: Moomoo

Best Brokerage for Forex in the US

Winner: Trading.comRunner-Up: IBKR

Best Brokerage for Options Trading

Winner: IBKRRunner-Up: Firstrade

Best Brokerage for Short Selling

Winner: TradeZero Holding Corp.Runner-Up: IBKR

Best Brokerage for Trading Futures

Winner: EdgeClearRunner-Up: NinjaTrader

Best Canadian Brokerage

Winner: QuestradeRunner-Up: Qtrade Direct Investing

Best Data Analysis Tool

Winner: Northern Trust Investment Data Science – Equity Data ScienceRunner-Up: PitchBook

Best Day Trading Software

Winner: IBKRRunner-Up: Tickblaze

Best ETF Launch

Winner: iShares Bitcoin TrustRunner-Up: Xtrackers U.S. National Critical Technologies ETF (CRTC)

Best Financial Literacy Tool

Winner: Financial FinesseRunner-Up: MoneyLion Digital Financial Ecosystem

Best Financial Planning Software

Winner: Asset-MapRunner-Up: Origin

Best Financial Research Company

Winner: Toggle AIRunner-Up: EPSMomentum

Best in Financial Education

Winner: Options Industry CouncilRunner-Up: TradeStation

Best Insurtech Company

Winner: infineoRunner-Up: Mylo

Best Investment Research Tech

Winner: Trading CentralRunner-Up: Outprfrm

Best Lending Solution

Winner: Pagaya TechnologiesRunner-Up: Prosper

Best Matching Engine

Winner: Devexperts’ DXmatchRunner-Up: EP3 by Connamara Technologies

Best New Product

Winner: FrecRunner-Up: SoFi Alternative Investments

Best Paper Trading Platform

Winner: TradeZero Holding Corp.Runner-Up: Charles Schwab

Best Payments Solution

Winner: Modern TreasuryRunner-Up: Aeropay

Best Portfolio Tracker

Winner: Delta Investment TrackerRunner-Up: TradeZella

Best Prop Trading Platform

Winner: IBKR

Best RegTech

Winner: Green CheckRunner-Up: Kore

Best Robo-Advisor

Winner: WealthfrontRunner-Up: Titan

Best Social Investing Platform

Winner: Parrot FinanceRunner-Up: Traderverse

Best Software for Longterm Cryptocurrency Investments

Winner: Path CryptoRunner-Up: iTrustCapital

Best Software for Swing Trading

Winner: Autochartist Automatic Trade IdentificationRunner-Up: WealthCharts

Best Software for Trading Cryptocurrency

Winner: Devexperts’ DXtrade

Best Trading Technology

Winner: GTNRunner-Up: Tickblaze

Best Venture Capital Firm

Winner: Tribe CapitalRunner-Up: BankTech Ventures

Breaking Barriers

Winner: GotradeRunner-Up: Apex Trader Funding

Emerging InsurTech

Winner: AspidaRunner-Up: TruStage Payment Guard

Institutional Innovation

Winner: Tipigo InsightsRunner-Up: Quinn

Most Innovative ETF Company

Winner: StockSnips

Most Innovative in Capital Markets

Winner: GTNRunner-Up: OpenYield

Most Impactful Fintech Executive

Winner: Anthony Denier

Peoples Choice

Winner: NVSTly: Social Investing

Chairman’s Awards

Chairman’s Awards: Best AI Analysis Tool

Winner: True Trading Group

Chairman’s Awards: Best AI Chat API

Winner: FinChat

Chairman’s Awards: Best AI Finance Start-up

Winner: WNSTN.ai

Chairman’s Awards: Best AI Research Platform

Winner: Quasar Markets

Chairman’s Awards: Best AI Tool for Software Performance

Winner: TurinTech AI

Chairman’s Awards: Best Backtesting Software

Winner: FX Replay

Chairman’s Awards: Best Fraud Prevention Solution

Winner: ID Dataweb

Chairman’s Awards: Best Gold Broker

Winner: MultiBank Group

Chairman’s Awards: Best Hybrid Trading Solution

Winner: Tickblaze

Chairman’s Awards: Best In Customer Loyalty

Winner: Kartera

Chairman’s Awards: Best Shareholder Engagement Platform

Winner: Tiicker

Chairman’s Awards: Best Stock Scanner

Winner: WealthCharts

Chairman’s Awards: Excellence in Democratizing Options Trading

Winner: SensaMarket

Chairman’s Awards: Excellence in Futures Education

Winner: NinjaTrader

Chairman’s Awards: Excellence in Futures Prop Trading

Winner: Apex Trader Funding

Chairman’s Awards: Excellence in Holistic Trading Education

Winner: Piranha Profits

Chairman’s Awards: Most Innovative Leveraged Issuer

Winner: Microsectors

Chairman’s Awards: Most Innovative Options Brokerage

Winner: Tradier

Chairman’s Awards: Most Innovative Prop Trading Firm 2024

Winner: For Traders

Chairman’s Awards: Best Software for Trading Futures

Winner: Optimus Futures

About Benzinga Fintech Deal Day & Awards 2024:

The Benzinga Fintech Deal Day & Awards celebrate excellence across the fintech industry, honoring the companies, executives, and platforms that are shaping the future of finance. With networking opportunities, panel discussions, and a prestigious awards ceremony, the event provides an unparalleled platform for deal-making and collaboration.

For more information about the winners or to learn more about future events, visit Benzinga Events.

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Plug and Play announces expansion into Seattle along with Partnership with SBI Holdings and SNBL and Future Participation as co-GP in SBI US Gateway Fund

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The partnership comprises the establishment of Plug and Play Seattle with SBI Holdings and SNBL as the Founding Anchor partners and Plug and Play’s future participation as co-GP in the $40M SBI US Gateway Fund

Plug and Play expands presence to Seattle, Washington, in strategic collaboration with SBI Holdings and SNBL to foster innovation and early-stage investment

SEATTLE, Nov. 19, 2024 /PRNewswire/ — Plug and Play, the world’s leading innovation platform based in Silicon Valley that connects startups, corporations, venture capital firms, universities, and government agencies, announced today a strategic collaboration with SBI Holdings, Inc., and SNBL to establish Plug and Play’s first presence in the Greater Seattle Region. The expansion includes two new offices in the region, with locations at the SNBL Global Gateway (SGG) business incubation facility in Everett, WA, and at CoMotion Labs technology incubator on the University of Washington’s (UW) Seattle campus, aiming to drive regional innovation and support early-stage startup growth.

This collaboration not only marks Plug and Play’s entry into the Seattle area but also includes Plug and Play’s participation as co-General Partner (co-GP) for the newly launched SBI US Gateway Fund. The $40 million fund established by SBI and SNBL focuses on early-stage startups in North America with promising advancements in sectors such as artificial intelligence, advanced manufacturing, climate technology, supply chain, and healthcare, including biotechnology and drug research and development. Through its co-GP role, Plug and Play will leverage its extensive global network and innovation expertise to guide and support portfolio companies, providing strategic growth opportunities and strengthening investment outcomes.

Strengthening the U.S.-Japan Innovation Pipeline
The launch of the SBI US Gateway Fund is a significant step in connecting North American startups with key investment and partnership opportunities from Japan. With this partnership, Plug and Play, SBI, and SNBL aim to create synergies between the U.S. startup ecosystem and Japanese investors, fostering long-term growth and sustainability in cutting-edge fields. The fund’s operations will benefit from Plug and Play’s expansive reach across five continents and its experience in corporate innovation and startup acceleration.

“We are thrilled to bring Plug and Play’s innovation platform to Seattle in partnership with SBI Holdings, SNBL, and the University of Washington,” said Saeed Amidi, Founder & CEO at Plug and Play. “The Pacific Northwest is home to a dynamic and rapidly growing tech ecosystem, and we are excited to contribute to this community by supporting the next generation of innovative companies.”

Yoshitaka Kitao, Representative Director, Chairman, President & CEO from SBI Holdings, stated, “This collaboration with Plug and Play and SNBL represents a major milestone in our commitment to fostering innovation and supporting transformative startups. By connecting Japanese investment with North American innovation, we are creating a unique bridge that will empower startups with not only capital but also strategic guidance and industry connections. Together, we are shaping the future of technology and healthcare advancements.”

Ryoichi Nagata, Representative Chairman, President & CEO from SNBL stated, “We are excited to join forces with Plug and Play and SBI Holdings in this groundbreaking collaboration. Through the combined strengths of our organizations, we aim to build a robust platform that will enhance our ability to support startups and innovation utilizing the SNBL Global Gateway business incubation facility. This strategic alliance enables us to leverage our respective expertise and extensive networks, creating unparalleled opportunities for growth and advancement on a global scale.”

This new collaboration between Plug and Play, SBI, SNBL, and UW will provide startups with capital and access to a unique blend of corporate innovation resources, strategic advisory services, and a wide network of industry leaders across key sectors. These resources are expected to amplify the value and growth of portfolio companies in the SBI US Gateway Fund, setting a strong foundation for sustainable innovation and development.

Plug and Play x SNBL Global Gateway (SGG) (Everett, WA)
SBI has partnered with SNBL, the largest non-clinical contract research organization in Japan, to operate an accelerator program and SBI US Gateway Fund at SGG business incubation facility in Everett, WA. Plug and Play plans to use the SGG business incubation facility as a hub to operate their accelerator programs.

Plug and Play x CoMotion Labs (Seattle, WA)
Plug and Play, SBI, and SNBL have agreed to partner with the University of Washington’s CoMotion Labs to help foster the startup ecosystem in the Seattle area and on campus. CoMotion Labs provides a multi-industry incubation environment for early-stage startups. While preference is given to UW spinoffs, CoMotion Labs also accepts startups from outside the UW community. From critical infrastructure to learning, mentoring, and networking, CoMotion Labs nurtures and enables success and helps startups grow without taking equity or IP.

To learn more about Plug and Play Seattle, visit https://www.plugandplaytechcenter.com/locations/seattle.

About Plug and Play
Plug and Play is the leading innovation platform connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we’re present in 60+ locations across five continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and manage over $1 billion in AUM across our funds, driving innovation across multiple industries where we’ve invested in hundreds of successful companies, including Dropbox, PayPal, Guardant Health, Honey, N26, Rappi, Turing, and more. For more information, visit https://www.plugandplaytechcenter.com/.

About SBI Holdings
Established in 1999 as a pioneer of Internet-based financial services in Japan, the SBI Group is a comprehensive Internet financial group that operates globally, encompassing five core businesses: “Financial Services Business,” such as securities, banking and insurance businesses; “Investment Business,” which is engaged in private equity investment including venture capital investment; “Asset Management Business,” that provides various asset management related services; “Crypto-asset Business,” which operates crypto asset trading and exchange services; and “Non-financial Business,” which includes business activities related to biotechnology, healthcare and medical informatics, Web3, and new overseas markets. For more information, please visit https://www.sbigroup.co.jp/english/.

About SNBL
Shin Nippon Biomedical Laboratories, Ltd. (SNBL) is the largest and the oldest non-clinical contract research organization in Japan, with a strong focus on supporting the growth and development of the global biotechnology and drug discovery ecosystem. Founded in 1957, SNBL provides comprehensive services ranging from translational research (TR) to contract research and Medipolis, a unique blend of biomedical facilities. Headquartered in Kagoshima, Japan, SNBL is dedicated to advancing innovation in biotechnology and healthcare through its partnerships, research, and support of new and groundbreaking therapies. For more information, visit https://en.snbl.com/.

Media Contacts

Plug and Play Media Relations
Jacky Tsang
press@pnptc.com

SBI Holdings, Inc. Corporate Communications Dept.
Tel: +81 3 6229-0126

SNBL IR & Corporate Communications
ir@snbl.com

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Invitation to Tecsys’ Conference Call on December 5, 2024, Covering Second Quarter FY2025 Results

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MONTREAL, Nov. 19, 2024 /CNW/ — Tecsys Inc. (TSX: TCS) will release its financial results for the second quarter of fiscal year 2025 ended October 31, 2024, on December 4, 2024, after the markets close. Tecsys President and CEO Peter Brereton, and CFO Mark J. Bentler, will host a conference call on December 5, 2024, at 8:30 a.m. ET to present and discuss the results with the analysts.

Subject: Q2 FY2025 Financial Results Conference Call
Date: December 5
Time: 8:30 a.m. ET
Phone number: 1-800-836-8184 or 1-646-357-8785

The call can be replayed until December 12, 2024, by calling 1-888-660-6345 or 1-646-517-4150 (access code: 91117 #).

About Tecsys

Tecsys is a global provider of advanced supply chain solutions. With a commitment to innovation and customer success, the company equips organizations with the essential software, technology and expertise needed for operational excellence and competitive advantage. Its cloud solutions serve a diverse range of industries, including healthcare, distribution and converging commerce, across multiple complex, regulated and high-volume markets. Built on the Itopia® low-code application platform, Tecsys’ offerings include enterprise resource planning, warehouse management, consolidated service management, distribution and transportation management, supply management at the point of use and order management solutions. Tecsys provides critical data insights and control across the supply chain, ensuring that organizations are agile, responsive and scalable.

Tecsys is publicly traded on the Toronto Stock Exchange under the ticker symbol TCS. For more about Tecsys and its solutions, please visit www.tecsys.com.

Forward Looking Statements

The statements in this news release relating to matters that are not historical fact are forward-looking statements that are based on management’s beliefs and assumptions. Such statements are not guarantees of future performance and are subject to a number of uncertainties, including but not limited to future economic conditions, the markets that Tecsys Inc. serves, the actions of competitors, major new technological trends, and other factors beyond the control of Tecsys Inc., which could cause actual results to differ materially from such statements. More information about the risks and uncertainties associated with Tecsys Inc.’s business can be found in the MD&A section of the Company’s annual report and the most recently filed annual information form. These documents have been filed with the Canadian securities commissions and are available on our website (www.tecsys.com) and on SEDAR+ (www.sedarplus.ca).

Copyright © Tecsys Inc. 2024. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.

SOURCE Tecsys Inc.

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