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MongoDB Announces Expansion of the MongoDB AI Applications Program

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Capgemini, Confluent, IBM, QuantumBlack, AI by McKinsey, and Unstructured join the MongoDB AI Applications Program (MAAP) ecosystem to help organizations make an impact with AI

MongoDB, Meta collaborating to support developers with Meta models and the end-to-end MAAP technology stack

Leading autism and intellectual and developmental disability software provider CentralReach using MAAP to improve AI-powered care platform

MAAP expansion follows the introduction of vector quantization to MongoDB Atlas Vector Search and recent AI partner integrations

LAS VEGAS, Dec. 2, 2024 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) today at AWS re:Invent announced that a new cohort of organizations have joined the MongoDB AI Applications Program (MAAP) ecosystem of leading AI and tech companies. By lending their experience and expertise to MAAP, Capgemini, Confluent, IBM, QuantumBlack, AI by McKinsey, and Unstructured will offer customers additional integration and solution options, boosting the value customers receive from MAAP. Since it was launched earlier this year, MAAP has already made an impact, helping customers like CentralReach—which provides an AI-powered autism care and intellectual and developmental disabilities (IDD) platform—innovate with AI. The MAAP Center of Excellence Team, a cross-functional group of AI experts at MongoDB, has collaborated with partners and customers across industries to overcome an array of technical challenges, empowering organizations of all sizes to build and deploy AI applications. The expansion of the MongoDB AI Applications Program follows the introduction of vector quantization to MongoDB Atlas Vector Search (which reduces vector sizes while preserving performance—at lower cost), as well as new integrations with leading AI and technology companies.

MongoDB is also collaborating with Meta on Llama to support developers in their efforts to build more efficiently and to best serve customers. Currently, both enterprise and public sector customers are leveraging Llama and MongoDB to build innovative, AI-enriched applications, accelerating progress toward business goals. In the coming months, MongoDB plans to implement turnkey mapping from its database to the LlamaStack APIs, empowering developers to deliver solutions to market more quickly and efficiently.

“At the beginning of 2024, many organizations saw the immense potential of generative AI, but were struggling to take advantage of this new, rapidly evolving technology. And 2025 is sure to bring more change—and further innovation,” said Greg Maxson, Senior Director of AI GTM and Strategic Partnerships at MongoDB. “The aim of MAAP, and of MongoDB’s collaborations with industry leaders like Meta, is to empower customers to use their data to build custom AI applications in a scalable, cost-effective way. By joining the MAAP partner network, Capgemini, Confluent, IBM, QuantumBlack, AI by McKinsey, and Unstructured are helping the program evolve to meet the ever-changing AI landscape, and offering customers an array of leading solutions.”

Launched in the summer of 2024—with founding members Accenture, Anthropic, Anyscale, Arcee AI, AWS, Cohere, Credal, Fireworks AI, Google Cloud, gravity9, LangChain, LlamaIndex, Microsoft Azure, Nomic, PeerIslands, Pureinsights, and Together AI—the MongoDB AI Applications Program is designed to help organizations unleash the power of their data and to take advantage of rapidly advancing AI technologies. It offers customers an array of resources to put AI applications into production: reference architectures and an end-to-end technology stack that includes integrations with leading technology providers, professional services, and a unified support system to help customers quickly build and deploy AI applications.

Because the AI landscape and customer expectations of AI continue to evolve, MongoDB has carefully grown the MAAP program—and the MAAP ecosystem of companies—to best meet customer needs. By working with AI industry leaders, MongoDB has gained a unique understanding of both the technology and implementation partners that can best help customers build AI applications, and has built the MAAP partner network accordingly.

New MAAP partners look forward to helping customers build AI applications

A global consulting and technology services company, Capgemini offers integrated solutions for digital transformation, blending expertise with breakthrough technology. Confluent, meanwhile, is a cloud-native data streaming platform that allows users to stream, connect, process, and govern data in real time.

“Business leaders are increasingly recognizing generative AI’s value as an accelerator for driving innovation and revenue growth. But the real opportunity lies in moving from ambition to action at scale. We are pleased to continue working with MongoDB to help deliver tangible value to clients and drive competitive advantage by leveraging a trustworthy data foundation, thereby enabling gen AI at scale,” said Niraj Parihar, CEO of Insights & Data Global Business Line and Member of the Group Executive Committee at Capgemini. “MAAP helps clients build gen AI strategy, identify key use cases, and bring solutions to life, and we look forward to being a key part of this for many organizations.”

“Enterprise AI strategy is inextricably dependent upon fresh, trusted data about the business. Without real-time datasets, even the most advanced AI solutions will fail to deliver value,” said Shaun Clowes, Chief Product Officer at Confluent. “Seamlessly integrated with MongoDB and Atlas Vector Search, Confluent’s fully managed data streaming platform enables businesses to build the trusted, always-up-to-date data foundation essential for powering gen AI applications.”

Unstructured is the leading provider of ETL for LLMs, making it easy for enterprises to utilize their unstructured data with gen AI systems.

“Like MongoDB, we understand that data is essential to harnessing the power of gen AI,” said Brian Raymond, Founder and CEO of Unstructured. “We are excited to join the MongoDB AI Applications Program to bring our expertise in ingesting and preprocessing complex unstructured data for vector databases. The gen AI-ready data we continuously deliver and write to vector databases like MongoDB is essential to enabling our users to counter hallucinations, allowing the LLMs and AI projects that MAAP customers are working on to leverage sensitive, internal data while keeping models and projects up-to-date.”

Collaborating to make an impact with AI

Providing customers direct support from technical subject matter experts has been integral to MAAP’s success. Since the program’s inception, the MAAP Center of Excellence team—highly skilled AI experts from MAAP partners and groups across MongoDB—has worked with more than 150 organizations on a range of technical challenges, including model and technology stack evaluation, chunking strategies, advanced retrieval techniques, and the establishment of agentic workflows. Example projects include working on sound diagnostic-based maintenance recommendations for a large manufacturer, and customer service automations for companies across industries.

A recent example of how MAAP enables organizations to build with AI is IndiaDataHub, which is on a mission to build India’s largest market data and analytics platform.

Since the company’s founding, MongoDB Atlas has been the platform’s operational database for some of its key datasets, and earlier this year, IndiaDataHub joined MAAP to access AI expertise, in-depth support, and a full spectrum of technologies to enhance AI functionality within its analytics platform. This includes connecting relevant data in MongoDB with Meta’s AI models to perform sentiment analysis on text datasets.

“Data is the oil that will fuel the growth of the modern Indian economy,” said Pranoti Deshmukh, Chief Technology Officer at IndiaDataHub. “Working with MongoDB, the MAAP ecosystem, and Meta’s AI tools, we’ve been able to accelerate our AI strategy to make high-quality, timely data and analytics available to everyone in India who needs it. The professional support and deep AI expertise we’ve received through the MAAP program have been outstanding.”

“We are thrilled to see how many enterprises are leveraging our open source AI models to build better solutions for their customers and solve the problems their teams are facing everyday,” said Ragavan Srinivasan, VP of Product at Meta. “Leveraging our family of Meta models and the end-to-end technology stack offered by the MongoDB AI Applications Program demonstrates the incredible power of open source to drive innovation and collaboration across the industry.”

Another success story is CentralReach, which provides an AI-powered electronic medical record (EMR) platform that is designed to improve outcomes for children and adults diagnosed with autism and related intellectual and developmental disabilities (IDD).

Prior to working with MongoDB and MAAP, CentralReach was looking for an experienced partner to further connect and aggregate its more than 4 billion financial and clinical data points across its suite of solutions.  

CentralReach leveraged MongoDB’s document model to aggregate the company’s diverse forms of information from assessments to clinical data collection, so the company could build rich AI-assisted solutions on top of its database. Meanwhile, MAAP partners helped CentralReach to design and optimize multiple layers of its comprehensive buildout. All of this will enable CentralReach to support initiatives such as value-based outcome measurement, clinical supervision, and care delivery efficacy. With these new data layers in place, providers will be able to make substantial improvements to their clinical delivery to optimize care for all those they serve.   

“As a mission-driven organization, CentralReach is always looking to innovate on behalf of the clinical professionals—and the more than 350,000 autism and IDD learners—that we serve globally,” said Chris Sullens, CEO of CentralReach. “So being able to lean on MongoDBs database technology and draw on the collective expertise of the MAAP partner network—in addition to MongoDB’s tech expertise and services—to help us improve outcomes for our customers and their clients worldwide has been invaluable.” 

The expansion of the MongoDB AI Applications Program builds on recent AI-related announcements from MongoDB.

In October, MongoDB announced vector quantization capabilities in MongoDB Atlas Vector Search. By reducing vector storage and memory requirements while preserving performance, these capabilities empower developers to build AI-enriched applications with more scale—and at a lower cost.

Outside of MAAP, since the start of the year MongoDB has built partnerships with more than 40 leading AI companies, enabling additional flexibility and choice for customers. Recent collaborations include those with Astronomer, Arize AI, Baseten, CloudZero, Modal, and ObjectBox. By working closely with its AI partners on product launches, integrations, and real-world challenges, MongoDB is able to bring a better understanding of AI to joint customers, deliver interoperability for end-to-end workflows, and to give them the resources and confidence they need to move forward with this groundbreaking technology.

To learn more about building AI-powered apps with MongoDB, please see our library of articles, tutorials, analyst reports, and white papers. And for more on the MongoDB AI Applications program, see the MAAP webpage.

About MongoDB
Headquartered in New York, MongoDB’s mission is to empower innovators to create, transform, and disrupt industries by unleashing the power of software and data. Built by developers, for developers, MongoDB’s developer data platform is a database with an integrated set of related services that allow development teams to address the growing requirements for a wide variety of applications, all in a unified and consistent user experience. MongoDB has more than 50,000 customers in over 100 countries. The MongoDB database platform has been downloaded hundreds of millions of times since 2007, and there have been millions of builders trained through MongoDB University courses. To learn more, visit mongodb.com.

Forward-looking Statements
This press release includes certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements concerning MongoDB’s new capabilities with Google Cloud. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” “would” or the negative or plural of these words or similar expressions or variations. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control including, without limitation: the effects of the ongoing military conflicts between Russia and Ukraine and Israel and Hamas on our business and future operating results; economic downturns and/or the effects of rising interest rates, inflation and volatility in the global economy and financial markets on our business and future operating results; our potential failure to meet publicly announced guidance or other expectations about our business and future operating results; our limited operating history; our history of losses; failure of our platform to satisfy customer demands; the effects of increased competition; our investments in new products and our ability to introduce new features, services or enhancements; our ability to effectively expand our sales and marketing organization; our ability to continue to build and maintain credibility with the developer community; our ability to add new customers or increase sales to our existing customers; our ability to maintain, protect, enforce and enhance our intellectual property; the effects of social, ethical and regulatory issues relating to the use of new and evolving technologies, such as artificial intelligence, in our offerings or partnerships; the growth and expansion of the market for database products and our ability to penetrate that market; our ability to integrate acquired businesses and technologies successfully or achieve the expected benefits of such acquisitions; our ability to maintain the security of our software and adequately address privacy concerns; our ability to manage our growth effectively and successfully recruit and retain additional highly-qualified personnel; and the price volatility of our common stock. These and other risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission (“SEC”), including under the caption “Risk Factors” in our Annual Report on Form 10-Q for the quarter ended April 30, 2024, filed with the SEC on May 31, 2024, and other filings and reports that we may file from time to time with the SEC. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.

Investor Relations
Brian Denyeau
ICR for MongoDB
646-277-1251
ir@mongodb.com 

Media Relations
MongoDB 
press@mongodb.com 

 

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ChipMOS EXPECTS 6.3% FULL YEAR 2024 REVENUE GROWTH, WITH A 5.4% YoY DECEMBER 2024 REVENUE DECLINE AND A 5.7% YoY 4Q24 REVENUE DECLINE

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January 10, 2025

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HSINCHU, Jan. 10, 2025 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today reported its unaudited consolidated revenue for the month of December 2024 and for the fourth quarter ended December 31, 2024. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$32.79 to US$1.00 as of December 31, 2024. This would represent full year 2024 revenue growth of approximately 6.3% compared to the full year 2023.

Revenue for the fourth quarter of 2024 was NT$5,399.6 million or US$164.7 million, representing a decrease of 5.7% from the fourth quarter of 2023, and a decrease of 11.0% from the third quarter of 2024. The Company noted that while the quarterly decline reflects macro industry pricing and demand headwinds, the strong full year 2024 revenue growth reflects continued leadership in its core markets.

Revenue for the month of December 2024 was NT$1,780.1 million or US$54.3 million, representing a decrease of 3.0% from November 2024, and a decrease of 5.4% from December 2023.

Consolidated Monthly Revenues (Unaudited)

December 2024

November 2024

December 2023

MoM Change

YoY Change

Revenues

   (NT$ million)

1,780.1

1,834.6

1,881.5

-3.0 %

-5.4 %

Revenues

   (US$ million)

54.3

55.9

57.4

-3.0 %

-5.4 %

 

Consolidated Quarterly Revenues (Unaudited)

Fourth Quarter

2024

Third Quarter

2024

Fourth Quarter

2023

QoQ Change

YoY Change

Revenues

   (NT$ million)

5,399.6

6,068.0

5,725.4

-11.0 %

-5.7 %

Revenues

   (US$ million)

164.7

185.1

174.6

-11.0 %

-5.7 %

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide. 

Forward-Looking Statements:

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s other filings with the SEC.

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com 

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SOURCE ChipMOS TECHNOLOGIES INC.

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16 Press Releases You Need to See This Week

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January 10, 2025

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Plus, press release highlights from CES 2025.

NEW YORK, Jan. 10, 2025 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

McDonald’s New McValue Platform Is Finally Here
Fans can mix and match with the new Buy One, Add One for $1 offer and fuel up for less with the popular $5 Meal Deal. The brand marks the moment by partnering with John Cena and gifting fans millions of dollars in entertainment, lifestyle promos.ADP National Employment Report: Private Sector Employment Increased by 122,000 Jobs in December; Annual Pay was Up 4.6%
“The labor market downshifted to a more modest pace of growth in the final month of 2024, with a slowdown in both hiring and pay gains,” said Nela Richardson, chief economist, ADP. “Health care stood out in the second half of the year, creating more jobs than any other sector.”Big Lots Closes Sale to Gordon Brothers Retail Partners
Bruce Thorn, Big Lots’ President and Chief Executive Officer, said, “We are pleased to close this strategic transaction, which provides a framework to preserve thousands of jobs, maximize value, and maintain the Big Lots brand.”Globally Renowned Investor and Entrepreneur Kevin O’Leary Joining The People’s Bid for TikTok
The bid aims to purchase TikTok’s U.S. assets and rebuild the platform in a way that prioritizes the privacy of its 170 million American users.NASA to Explore Two Landing Options for Returning Samples from Mars
“Pursuing two potential paths forward will ensure that NASA is able bring these samples back from Mars with significant cost and schedule saving compared to the previous plan,” said NASA Administrator Bill Nelson. “These samples have the potential to change the way we understand Mars, our universe, and – ultimately – ourselves.”Tripadvisor Reveals 2025’s Must-Visit Destinations: Top Picks From Travelers Around the World This year Tripadvisor introduces two new subcategories; Solo Travel Destinations and a special sub-category in celebration of Tripadvisor’s 25th anniversary honoring the Top Destinations of the Last 25 Years based on all time reviews.Ulta Beauty Teams Up with Instacart to Deliver Beauty in a Flash Nationwide
Beauty meets convenience with the largest specialty U.S. beauty retailer now available on Instacart for delivery in as fast as an hour from more than 1,400 stores.Nation’s Top 300 Teen Scientists Selected for Achievements in STEM Innovation and Leadership in Nation’s Oldest and Most Prestigious High School Competition
The 300 scholars will be awarded $2,000 each and their schools will be awarded $2,000 for each enrolled scholar. Scholars were chosen based on their outstanding research, leadership skills, community involvement, commitment to academics, creativity in asking scientific questions and exceptional promise as STEM leaders.$5 Bowls with Five Choices: KFC® Debuts Hot New Lineup of Flavorful Bowls, Including Anticipated Return of Nashville Hot Sauce
Indulge your cravings with a hearty, warm, comforting bowl this winter for just $5 each, making your post-holiday wallet happy. Paramount and Comcast Announce Multi-Year Distribution Agreements
The multi-year deals feature ongoing carriage of Paramount’s networks, including CBS, BET, Comedy Central, MTV, Nickelodeon, Paramount Network and more. Comcast subscribers will also retain access to Paramount’s popular streaming services across Paramount+, Pluto TV and BET+.Michael J. Fox Honored with Presidential Medal of Freedom
President Biden presented Fox with the medal, which honors individuals who have made exemplary contributions to the prosperity, values, or security of the United States, world peace, or other significant societal, public or private endeavors.Hyundai Vehicles Available to “Add to Cart” on Amazon Autos
Car buyers around the U.S. can browse, order and finance any new Hyundai vehicle through a participating Hyundai dealer directly on Amazon Autos, and schedule a pickup from the dealer.The Latest Innovation from CHIPS AHOY! Is…Not A Cookie?! Introducing New CHIPS AHOY! Baked Bites – Bite-Sized Blondies to Satisfy Your Sweet Tooth
Baked into a square shape with a soft and chewy texture inspired by a brownie, CHIPS AHOY! Baked Bites, Blondie variety, are made with delicious, real chocolate chips and no high fructose corn syrup, offering an entirely reimagined CHIPS AHOY! experience. Buffalo thunders back as Zillow’s hottest market for 2025
“Shoppers nationwide should see more options for sale than in recent years, along with slow and steady price growth. That’s the good news. But both buyers and sellers should expect unpredictable mortgage rates,” said Skylar Olsen, Zillow chief economist.Girl Scouts’ 2025 Cookie Season Kicks Off Nationally, Helping Girls Across the Country Unbox Brighter Futures for Themselves
At the close of the 2025 cookie season, two beloved cookie flavors, Girl Scout S’mores® and Toast-Yay!®, will be retired.United Announces Accelerated Timeline for Starlink’s Industry-Leading Connectivity in the Sky
The airline now expects to begin testing Starlink next month with the first commercial flight anticipated to take off this spring on a United Embraer E-175 aircraft. Ultimately, United will add Starlink to its entire fleet.

Read more of the latest releases from PR Newswire.

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CES 2025

CES took over Las Vegas — and the wire — this week as companies from a range of industries shared news of their latest consumer technology innovations. From advances in mobility and AI to medtech, smart homes and much more, PR Newswire is here to help journalists and consumers keep track of the announcements tied to the consumer electronics tradeshow.

Here are just a few of the big CES press releases sent this week:

What Not to Miss at CES 2025XREAL Announces Groundbreaking Collaborations at CES 2025EcoFlow Debuts AI-Powered OASIS at CES 2025, Maximizing Energy Savings and Extreme Weather PrepSony Exhibits at CES® 2025Exclusive to CES 2025: Bird Buddy Goes Beyond Birds with New Wonder Nature Tech Product Announcement

Catch up on the latest CES 2025 announcements.

Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

About PR Newswire

PR Newswire is the industry’s leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world.

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Inspira™ Preparing Production in Response to Spread of Respiratory Virus in China

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January 10, 2025

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RA’ANANA, Israel, Jan. 10, 2025 /PRNewswire/ — Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN) (Nasdaq: IINNW) (“Inspira” or the “Company”), a leader in life-support technology innovation, announced today that it is preparing for a potential production ramp-up of its INSPIRA™ ART100 device. This strategic readiness comes in light of the recent outbreak of human metapneumovirus (hMPV) in China, which has highlighted the growing need for advanced respiratory care technologies globally.

Inspira is already in discussions with leading providers in affected regions to evaluate demand for advance respiratory solutions and deployment of the INSPIRA™ ART100 device, ensuring rapid response capabilities in case of increased demand.

As global health authorities monitor the hMPV outbreak, Inspira™ believes that it is well-positioned to meet potential increased demand for advanced respiratory support systems. Inspira is working closely with suppliers to secure necessary raw materials and components to meet potential demand spikes. The Company is following the hMPV situation globally and working to adjust production plans as needed.

“While hMPV is not a new virus, and experts indicate the current outbreak is part of normal seasonal patterns, Inspira believes in being prepared,” said Dagi Ben-Noon, CEO of Inspira. “Our increased production capacity will help ensure healthcare providers have access to vital respiratory care equipment should the need arise.”

Inspira emphasizes that its preparedness measures are precautionary and align with the Company’s commitment to global health readiness. The Company will work closely with health authorities in affected regions and adjust its plans based on the evolving situation.

Inspira™ Technologies OXY B.H.N. Ltd.

Inspira Technologies is an innovative medical technology company in the life support and respiratory treatment arena. The Company has developed a breakthrough Augmented Respiration Technology (INSPIRA™ ART), a groundbreaking device poised to revolutionize the $19 billion mechanical ventilation market. With 20 million intensive care unit patients with acute respiratory failure each year, many of whom rely on mechanical ventilators, the INSPIRA ART offers a potential alternative by elevating and stabilizing decreasing oxygen saturation levels in minutes without a ventilator, with patients being awake during treatment. The INSPIRA ART is being equipped with a clip-on HYLA™ blood sensor, a real-time continuous blood monitoring technology, aiming to alert physicians of changes in a patient’s condition without the need for intermittent actual blood samples, aiming to support physicians in making informed decisions.

In June and July 2024, respectively, the Company’s INSPIRA™ ART100 system has obtained FDA 510(k) clearance for use in CBP procedures, along with the Israeli AMAR certification for both Extra-Corporeal Membrane Oxygenation and Cardiopulmonary Bypass procedures.

The Company’s other products and technologies, including the INSPIRA ART also known as the INSPIRA™ ART500 or Gen 2, the INSPIRA™ Cardi-ART portable modular device, VORTX™ Oxygen Delivery System, and HYLA™ blood sensor, are currently being designed and developed, and have not yet been tested or used in humans nor approved by any regulatory entity.

For more information, please visit our corporate website at https://inspira-technologies.com

Forward-Looking Statement Disclaimer This press release contains express or implied forward-looking statements pursuant to U.S. Federal securities laws. These forward-looking statements are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses the growing need for advanced respiratory care technologies and its ability to adjust its plans to rapidly respond in case of increased demand. These forward-looking statements and their implications are based solely on the current expectations of the Company’s management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, the Company 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. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (the “SEC”), which is available on the SEC’s website at www.sec.gov.

Contact: Inspira Technologies – Media Relations
Email: info@inspirao2.com
Phone: +972-9-9664485

MRK-ARS-113

Copyright © 2018-2025 Inspira Technologies OXY B.H.N. LTD., All rights reserved.

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