Technology
Carebook enters into Definitive Agreement to go private with its Majority Shareholder UIL Limited
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4 days agoon
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Offer of $0.10 in cash per share, representing a 122% premiumBoard has unanimously agreed to support and recommends that minority shareholders approve the transactionCompany’s second largest shareholder, owning 57.6% of the shares voting in respect of the necessary minority approval, has agreed to support the transaction
MONTREAL, Jan. 3, 2025 /CNW/ – Carebook Technologies Inc. (“Carebook” or the “Company”) (TSXV: CRBK), a leading Canadian provider of innovative digital health solutions, and UIL Limited (“UIL”), the largest shareholder of the Company, are pleased to announce that they have entered into an arrangement agreement dated January 2, 2025 (the “Arrangement Agreement”) pursuant to which UIL will acquire all of the common shares (the “Common Shares”) in the capital of Carebook, other than those Common Shares already owned by UIL or its affiliates and associates, by way of a plan of arrangement (the “Arrangement”). Pursuant to the Arrangement, holders of Common Shares, other than those Common Shares already owned by UIL or its affiliates and associates, will receive $0.10 per Common Share (the “Consideration”). The Arrangement is expected to close in the first quarter of 2025, subject to the satisfaction of customary closing conditions.
The Consideration represents a premium of approximately 122%, to the closing price of the Common Shares of $0.045 on the TSX Venture Exchange (the “TSXV”) on January 2, 2025, the last trading day prior to the announcement of the Arrangement. There is no financing condition for the Arrangement.
The signing of the Arrangement Agreement and the approval of the Arrangement followed the unanimous approval of the board of directors of the Company (the “Board”) (with Alasdair Younie abstaining) following the unanimous recommendation of a committee of independent directors (the “Special Committee”) of the Board.
“This transaction, with its significant cash premium, represents a positive outcome for Carebook and delivers immediate liquidity for our shareholders” said Michael Peters, Chief Executive Officer of Carebook. “As a private company, Carebook will have the flexibility and resources to continue to implement its strategic vision without the added financial and administrative burden of remaining a reporting issuer in what remains a challenging capital markets environment. We look forward to this exciting next step in Carebook’s evolution.”
Transaction Details
Pursuant to the terms of the Arrangement Agreement, UIL will acquire all of the Common Shares in the capital of Carebook, other than those Common Shares already owned by UIL or its affiliates and associates, for $0.10 per Common Share in cash.
Holders of the outstanding stock options of Carebook (the “Options”) will receive, for each Option held, an amount in cash equal to the Consideration less the applicable exercise price in respect of such Option, less any applicable withholdings, and if such amount is zero or negative, no amount shall be payable.
The Arrangement Agreement contains customary non-solicitation provisions prohibiting Carebook from soliciting competing acquisition proposals, as well as “fiduciary out” provisions that allow the Company to consider and accept a superior proposal, subject to a “right to match” provision in favor of UIL. The Arrangement Agreement provides for an expense reimbursement fee payable by the Company to UIL if the Arrangement Agreement is terminated in certain circumstances. The Arrangement Agreement also provides for payment by UIL to the Company of an expense reimbursement fee, if the Arrangement Agreement is terminated in certain other specified circumstances.
The Arrangement will be completed pursuant to a court-approved plan of arrangement under section 192 of the Canada Business Corporations Act and is subject to satisfaction of customary closing conditions for transactions of this nature, including court approval and the approval of the shareholders of Carebook, as further set out below. Immediately following the completion of the Arrangement, the Common Shares will be delisted from the TSXV and it is anticipated that the Company will make an application to cease to be a reporting issuer, following the approval of which, the Company will no longer be subject to the reporting requirements of applicable Canadian securities legislation.
Completion of the Arrangement is subject to court approval and various closing conditions, including the approval of at least (i) two-thirds (66 2/3%) of the votes cast by shareholders present in person or represented by proxy at the special meeting of the shareholders to be called to approve the Arrangement (the “Special Meeting”) (each holder of Common Shares being entitled to one vote per Common Share) and (ii) the approval of a simple majority of the holders of Common Shares present in person or represented by proxy at the Special Meeting, excluding the votes of UIL and its affiliates and associates and any other shareholders required to be excluded for purposes of the “minority approval” requirement under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) in the context of a “business combination” (the “Minority Shareholders”). Further details regarding applicable voting requirements will be contained in a management information circular to be filed on SEDAR+ at www.sedarplus.com and mailed to Carebook’s shareholders in connection with the Special Meeting to approve the Arrangement.
MedTech Investment, L.P., the second largest shareholder of the Company, has entered into an irrevocable voting and support agreement (the “Support Agreement”) with UIL whereby it has agreed to, among other things, vote all of the Common Shares held by it and its affiliates (collectively, the “Supporting Shareholders”) in favour of the special resolution to approve the Arrangement at the Special Meeting (the “Arrangement Resolution”) and against any resolution or transaction which would in any manner prevent or delay the Arrangement. The 24,032,996 Common Shares subject to the Support Agreement represent approximately 57.6% of the Common Shares held by Minority Shareholders and therefore represent the necessary majority with respect to the required minority approval described above. The Support Agreement also provides that the Supporting Shareholders will not, for a period of six months following the date of the Support Agreement, and notwithstanding its termination, enter into a voting support agreement or similar agreement, commitment or understanding pursuant to which to tender or vote their Common Shares with any other person in respect of a competing acquisition proposal.
The Arrangement is expected to close in the first quarter of 2025, subject to the satisfaction of customary closing conditions.
Copies of the Arrangement Agreement and of the management information circular for the Special Meeting will be filed with Canadian securities regulators and will be available on the SEDAR+ profile of Carebook at www.sedarplus.com. Carebook’s shareholders are urged to read those and other relevant materials when they become available.
Fairness Opinion
BDO Canada LLP (“BDO”), the financial advisor of the Special Committee of the Board, has delivered an oral opinion (the “Fairness Opinion”) to the Special Committee that, as of January 2, 2025, and subject to the assumptions, limitations and qualifications to be set forth in BDO’s written fairness opinion that will be included in the management information circular that will be sent to the shareholders of the Company in connection with the Special Meeting, the Consideration to be received by the Minority Shareholders pursuant to the Arrangement Agreement is fair, from a financial point of view, to the Minority Shareholders. The management information circular will also include factors considered by the Special Committee and the Board and other relevant information.
The Arrangement is exempt from the formal valuation requirement of MI 61-101 as no securities of the Company are listed on a specified stock exchange.
Unanimous Approval of Carebook Special Committee and Board of Directors
The Special Committee has unanimously recommended that the Board approve the Arrangement Agreement and unanimously recommends that the Board recommend that the Minority Shareholders vote in favour of the Arrangement Resolution at the Special Meeting. The Board, after receiving the unanimous recommendation of the Special Committee, has unanimously (with Alasdair Younie, one of the principals of UIL and a director of the Company, having recused himself from the meeting) determined that the Arrangement is in the best interest of the Company and unanimously recommends that Minority Shareholders vote in favour of the Arrangement Resolution at the Special Meeting.
In addition, all of the directors and executive officers of the Company, who collectively exercise control or direction over approximately 0.53% of the Common Shares have entered into support and voting agreements pursuant to which they have agreed, subject to the terms thereof, to vote all of their Common Shares in favour of the Arrangement Resolution at the Special Meeting.
UIL Early Warning Disclosure
UIL, together with its affiliates, currently beneficially owns or has control or direction over, directly or indirectly, 61,046,167 Common Shares, representing approximately 59.4% of the currently issued and outstanding Common Shares. Following completion of the Arrangement, UIL and its affiliates will own or have control or direction over, directly or indirectly, 100% of the Common Shares in the capital of Carebook.
This disclosure is issued pursuant to National Instrument 62-104 – Take-Over Bids and Issuer Bids, which also requires an early warning report to be filed containing additional information with respect to the foregoing matters. A copy of the early warning report will be made available on SEDAR+ under Carebook’s issuer profile at www.sedarplus.com and may be obtained upon request from UIL by contacting Alastair Moreton at the contact information below.
UIL has its registered office located at Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. The Company’s head office is located at 2045 Stanley St Montreal, Quebec H3A 2V4 Canada. For further information and/or a copy of the related early warning report to be filed on SEDAR+ under the Company’s profile at www.sedarplus.com, please contact the Corporate Secretary of UIL by phone at: +44 1372 271486, or by email at: alastair.moreton@icm.limited.
Advisors
BDO Canada LLP is acting as financial advisor to the Special Committee, and Stikeman Elliott LLP is acting as legal advisor to the Special Committee and the Company.
Norton Rose Fulbright Canada LLP is acting as legal advisor to UIL on the proposed transaction.
About Carebook Technologies
Carebook’s digital health platform empowers its clients and more than 5.0 million members to take control of their health journey. During 2021, the Company completed the acquisitions of InfoTech Inc., a global leader in health and productivity risk management, and CoreHealth Technologies Inc., owner of an industry-leading wellness platform. In combination, these companies create a comprehensive digital health platform that includes both assessment tools and the technology to deliver complementary solutions. Carebook’s shares trade on the TSXV under the symbol “CRBK”.
About UIL
UIL Limited is a Bermuda exempted closed end investment company whose investment objective is to maximise shareholder returns by identifying and investing in investments worldwide where the underlying value is not fully recognised. Its ordinary shares are admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange and they have a secondary listing on the Bermuda Stock Exchange. UIL’s portfolio is managed by ICM Limited and ICM Investment Management Limited and as at 30 November 2024 it had gross assets of £244m.
Forward Looking Information
This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws in Canada. This information includes, but is not limited to, statements concerning our objectives, our strategies to achieve those objectives, as well as statements made with respect to management’s beliefs, plans, estimates, projections and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “estimates”, “outlook”, “forecasts”, “projection”, “prospects”, “intends”, “anticipates”, “believes”, or variations of such words and phrases, or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. Forward-looking information in this news release includes, among other things, statements relating to Carebook’s business in general; statements relating to the Arrangement, the parties’ ability to complete the transactions contemplated by the Arrangement Agreement and the timing thereof, including the parties’ ability to satisfy the conditions to the consummation of the Arrangement, the receipt of the required shareholder approval and court approval and other customary closing conditions, the possibility of any termination of the Arrangement Agreement in accordance with its terms, and the expected benefits to the Company and its shareholders of the Arrangement.
Risks and uncertainties related to the transaction contemplated by the Arrangement Agreement include, but are not limited to: the possibility that the Arrangement will not be completed on the terms and conditions, or on the timing, currently contemplated, and that it may not be completed at all, either due to a failure to obtain or satisfy, in a timely manner or otherwise, required shareholder and court approvals and other conditions to the closing of the Arrangement, or for other reasons; the risk that competing offers or acquisition proposals will be made; the negative impact that the failure to complete the Arrangement for any reason could have on the price of the Common Shares or on the business of the Company; UIL’s failure to pay the Consideration at the closing of the Arrangement; the ability of the Company or UIL to pay any expense reimbursement fee under the Arrangement Agreement, should any such fee become payable; significant disruptions to the business of Carebook, including loss of clients or employees due to transaction related uncertainties, industry conditions or other factors; risks relating to employee retention; the risk of regulatory changes that may materially impact the business or the operations of Carebook; the risk that legal proceedings may be instituted against Carebook; risks related to the diversion of management’s attention from Carebook’s ongoing business operations while the Arrangement is pending; and other risks and uncertainties affecting Carebook, including those described in the Company’s management discussion and analysis for the year ended December 31, 2023, as well as in other filings and reports Carebook may make from time to time with the Canadian securities authorities.
Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to us or that we presently believe are not material that could also cause actual results or future events to differ materially from those expressed in forward-looking information. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this news release represents the Company’s expectations as of the date of this news release (or as of the date such forward-looking information is otherwise stated to be made) and is subject to change after such date. However, the Company disclaims any intention, obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events, or otherwise, except as required under applicable securities laws in Canada. All of the forward-looking information contained in this news release is expressly qualified by the foregoing cautionary statements.
This announcement is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell, or an offer to sell or a solicitation of an offer to purchase, any securities of Carebook.
For further information contact:
Olivier Giner, CFO
Email : ir@carebook.com
Telephone: (450) 977-0709
Alastair Moreton
Email: alastair.moreton@icm.limited
ICM Limited, Secretary
Telephone: +44 1372 271486
SOURCE Carebook Technologies Inc.
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ROUND ROCK, Texas, Jan. 6, 2025 /PRNewswire/ — Alienware is reintroducing the iconic Area-51 back into the family, reanimated in desktop and laptop forms. Deep lore underpins Area-51, dating back to 1998. While the design, technology and gameplay have evolved significantly from iteration to iteration, one fact has remained the same: Area-51 represents the best that Alienware offers.
Reclaiming its position at the apex of our portfolio, the new Area-51 Desktop and Area-51 Laptops debut an arsenal of cutting-edge features to power the next generation of AAA gameplay. Powered by NVIDIA® Blackwell, GeForce RTX™ 50 Series GPUs multiply performance with NVIDIA DLSS 4, generate images at unprecedented speed, unleash creativity with NVIDIA Studio and support the latest NVIDIA NIM microservices—optimized AI models for language, speech, vision, content generation and more—that let enthusiasts and developers build AI assistants, productivity plug-ins and content creation workflows with peak performance.
[Also announced today is a brand-new flagship Alienware 27 4K QD-OLED display which you can learn more about here]
ALIENWARE AREA-51 DESKTOP
Area-51 Desktop makes a bold entrance to retake the throne as Alienware’s flagship gaming PC. With this edition, we are returning to our roots with a machine that caters to the desires of PC gaming enthusiasts and longtime Alienware fans who have a deep appreciation for technology and a can-do attitude for manually customizing their build to their needs. It is an icon that honors the wishes of all gamers seeking unyielding performance and the ability to make serious upgrades for years to come.
We devoted years to carefully planning and developing this platform, guided each step of the way by learnings gathered from the gaming community. This feedback helped shape the direction of this platform, influencing all aspects from product design to technology implementation to airflow patterns.
As our full-size 80L tower, it stands tall as our marquee platform designed for gamers seeking elite performance and standard components in a scalable design.
Elite Performance: With available headroom for more than 600W of dedicated graphics power and up to 280W of dedicated processing power, Area-51 supports the highest performance components up to an NVIDIA GeForce RTX 5090 GPU and Intel® Core™ Ultra 9 285K CPU, allowing games to run and sustain at their limits.Standard Components: Industry standard components allow the most critical parts to be easily replaced and serviced, including the motherboard, power supply, CPU, GPU, RAM, storage, fans and more.Scalable Design: At 80L, this full-size tower is designed to comfortably support and exceed the size requirements of today’s largest components, prepare for future upgrades, and create the ideal thermal solution.
Positive Pressure Design
With every Alienware product launch, the chief charter for our engineers is to maximize gaming performance while maintaining low temperatures and noise. The thermal architecture and airflow decisions are a critical piece of that puzzle.
We looked at various airflow models to determine the most effective thermal design and then sculpted the overall desktop blueprint around this solution.
After countless tests, we implemented an all-new positive pressure airflow system with three different fan sizes that all point inward toward the chassis to pull in cool air from the environment. Gaskets inside the chassis create a seal to prevent leakage and build positive pressure that expels heated air out the back with a pressurized passive exhaust. That’s right – there are no exhaust fans. This approach reduces air recirculation to maximize overall flowrate.
Here’s how it works… Dual 140mm fans direct cool ambient air upward toward the GPU fans ensuring maximum graphics performance. Larger dual 180mm fans push air laterally toward the GPU, CPU and memory from the front of the chassis. Lastly, dual or triple 120mm fans are included for liquid cooling configurations to pull in additional air from the top. This creates a greater internal air pressure compared to the outside and forces heated air to expel through the rear of the chassis.
By combining these larger fan sizes and advanced liquid cooling configurations, the positive pressure design moves 25% more air through the chassis, helping Area-51 run up to 13% cooler and 45% quieter during graphics intensive tasks[i].
All these advancements translate to real performance improvements to the tune of 50% more processing power[ii], making Area-51 ready to meet the demands of today and anticipate the needs of the future.
Upgradeability, Maintenance and Materials
Upgradeability is an integral part of the Area-51 customer experience. QR codes found inside the chassis guide customers to instructional videos on how to complete updates, repairs and modifications of key components. This includes guides on how to change the RAM, GPU, SSD, power supply and conduct basic maintenance like cleaning filters and fans. The motherboard is also replaceable with the purchase of an optional AlienFX motherboard harness that is required when installing third-party aftermarket motherboards.
Gamers can stop dust in its tracks and keep the system performing at its best for longer with three removable, cleanable filters on the front, top and bottom air intakes. The filters ensure unrestricted airflow and minimize dust accumulating on internal components such as fans.
The spacious full-tower design allows easy access to the inside of the desktop with plenty of room for your hands to maneuver around. A knob on the back of the desktop unlocks the dual side doors so you can easily access the interior components. Once open, gamers will find a spacious interior behind the tempered glass panel along with neatly organized cable routing behind the solid side panel. A handle recess on the back of the machine and the front loop allows for easy lifting – though we recommend grabbing a friend to help.
Top-Shelf Performance Features
At the heart of the experience is the selection of high-performance components. Here’s our quick overview of additional components that complete the Area-51 Desktop experience:
Dual channel RAM configurations up to 64GB DDR5 XMP (2x 32GB) at 6400 MT/s.Up to 8TB of Storage via 4TB NVMe M.2 PCIe Gen4 SSD (boot) + 4TB NVMe M.2 PCIe Gen4 SSD (storage).Armed with either 360mm Liquid Cooling (LC) or 240mm LC, while enabling a DIY upgradeability path to 420mm LC.Powered by a 1500W Platinum Rated ATX12VO Power Supply (PSU) or an 850W Gold Rated ATX12VO PSU.Seven customizable AlienFX lighting zones with over 16.7 million colors and six different lighting effects, all managed in the Alienware Command Center (AWCC).Optional Alienware Elite Care customer support, offering 24/7 customer support, accidental damage coverage, onsite repairs and more. [scroll down to learn more]Built with recycled materials including 85% post-consumer recycled plastic and power supply units with 50% recycled steel and recycled copper[iii].
Pricing and Availability
Availability: First available later in Q1 with select configurations. Additional graphics options and configurations will arrive later including the entry configuration.Launch Configuration Price: ~$4,499 (w/ NVIDIA GeForce RTX 5080 GPU)Entry Configuration Price: Coming Soon
Alienware Area-51 Desktop Press Kit
ALIENWARE AREA-51 LAPTOPS
The mobile cavalry has landed with the introduction of Area-51 laptops. These 18-inch and 16-inch laptops have an acute focus on power, performance and innovative engineering in a new otherworldly design language. Like its desktop counterpart, Area-51 laptops are an expression of maximum performance that cater to gamers seeking the preeminent gaming experience.
Armed to the nines with next-gen high-performance technology and enveloped in our brand-new industrial design, Area-51 symbolizes the next act for Alienware.
Elite Performance: Area-51 unleashes 280W of combined power across an NVIDIA GeForce RTX 50 Series Laptop GPU and an Intel® Core™ Ultra CPU – delivering exceptional performance.Robust Thermals: A new intricate thermal architecture enables Area-51 to move up to 35% more air through the system while being 15% quieter[iv].Sophisticated Design: Area-51 laptop design exudes a mysterious identity that invokes curiosity while elevating comfort and functionality.
New Design Language Inspired by Extraterrestrial Phenomena
The brand-new Area-51 laptops are designed to evoke a sense of mystery and transcendence that is distinctly alien. They represent the next step in our ever-evolving design journey and mark a new era for Alienware. Dubbed AW30, this new design language takes inspiration from extraterrestrial phenomena, including the Aurora Borealis, more commonly referred to as the Northern Lights.
This calls forward a more serene, ethereal and sophisticated experience that can adapt to your surroundings.
New Liquid Teal finish on the anodized aluminum gives the system a dark iridescent sheen that shifts colors when light is absorbed.Translucent thermal shelf located on the rear is illuminated by gradient, AlienFX lighting animations that imitate the unpredictable motions of the Aurora Borealis. In this spirit, lighting is now used on the surfaces as opposed to being a graphic element.New signature Aurora lighting effect serves as a boot up animation interacting with all AlienFX lighting zones and is accompanied by a new startup sound effect.Clear Gorilla Glass window on the underside of the laptop provides a view into the inner-workings of the machine, paying homage to a retro-futuristic design.[v]RGB fans cast an underglow through the clear window and up through the keyboard deck for added ambiance.[vi]Zero Hinge design delivers a cleaner, sleeker exterior that features fluid contours and clean lines.
Unmatched Performance
Area-51 supports the highest total power ceiling in a gaming laptop, pushing the limit by dedicating up to 175W of total graphics power (TGP) and up to a 105W thermal design profile (TDP) toward processors simultaneously. Powered by up to an NVIDIA GeForce RTX 5090 Laptop GPU and up to an Intel® Core™ Ultra 9 275HX CPU, this 280W in total package power (TPP) is the budget sum that you can use to drive your games, creation, hobbies and productivity apps.
Alienware engineers have upgraded our laptop design with a more advanced Cryo-tech™ thermal architecture to unlock newfound levels of performance, cooling and airflow. Managing airflow, fan speed, module design and thermal interface material are core parts of this approach. Compared to previous Alienware laptops, the new Area-51 laptops move up to 37% more air through the system while being 15% quieter[vii].
Today’s world empowers us to multitask at a level only previously imagined in fiction. This requires high-speed memory to store calculations for the processor. To achieve that, Area-51 offers XMP (Extreme Memory Profile) memory at speeds of up to 7200 MT/s scaling higher than ever on an Alienware laptop. So, yes, you can do more, faster.
As the bedrock for all the data from Windows to your games to your most precious archives, Area-51 are the first Alienware laptops to support Gen 5 Solid State Drives (SSDs). This is the latest in storage technology and it delivers the most amount of data throughput per watt. That means the hardware alone gets you performance and efficiency in everything you do. When combined with Microsoft DirectStorage technology, now the GPU can directly access SSDs which makes games run even faster than ever before. Now configurable with up 12TB of Storage.[viii]
Area-51 includes technology advancements chosen to make your everyday life synonymous with high performance even when you’re not gaming, competing, or creating. You can find a detailed view of all the premium features offered by Area-51 in our press kit.
Pricing and Availability
Availability: First available later in Q1 with select configurations. Additional graphics options and configurations will arrive later including the entry configuration.Launch Configuration Price: ~$3,199 (w/ NVIDIA GeForce RTX 5080 GPU)Entry Configuration Price: ~$1,999
Alienware 16 and 18 Area-51 Laptop Press Kit
UPDATES TO THE ALIENWARE AURORA
Complimentary to Area-51 is our Alienware Aurora Desktop, a mid-sized tower for gamers keen on a compact yet high-performance gaming experience. The 2025 edition of Alienware Aurora ushers in a boost in gaming performance provided by the latest NVIDIA GeForce RTX 50 Series GPUs powered by NVIDIA Blackwell and Intel® Core™ Ultra 2 processors.
Pricing and Availability
Availability: First available later in Q1 with select configurations. Additional graphics options and configurations will arrive later including the entry configuration.Launch Configuration Price: Coming SoonEntry Configuration Price: Coming Soon
Alienware Aurora Desktop Press Kit
INTRODUCING ALIENWARE ELITE CARE
Elite Care is an all-new customer support program dedicated for Alienware customers to provide specialized gaming support.
Next Level Gaming Support: Our 24/7 gaming experts provide end-to-end assistance, from installation to optimizing settings for smooth gameplay.Support Essentials: Unlock 24/7 elite support, onsite repairs, international travel support, data back-up & parental control assistance, accidental damage service with no deductible, and for Alienware laptops, extended battery service included.[ix]SupportAssist: Built-in smart technology that predicts and resolves issues, removes viruses and malware and automatically boosts performance and network connectivity.
Alienware Elite Care Press Kit
[i] Based on internal analysis during September 2024 comparing the Alienware Area-51 desktop to the two previous Intel-based Alienware Aurora desktops. All configurations used NVIDIA GeForce RTX 4090 GPU and Intel® Core™ i9K-class processors with liquid cooling. Actual results may vary.
[ii] Based on internal analysis during September 2024 comparing the Alienware Area-51 desktop to the two previous Intel-based Alienware Aurora desktops. All configurations used NVIDIA GeForce RTX 4090 GPU and Intel® Core™ i9K-class processors with liquid cooling. Actual results may vary.
[iii] Percentage is based on plastic weight. Applicable to the front and inner frame, front bezel, rear left and right support trims. Based on internal analysis, November 2024.
[iv] Based on internal analysis on October 2024 comparing Alienware 16 Area-51 and Alienware x16 R2
[v] With NVIDIA GeForce RTX 5070 GPU configurations or better.
[vi] With NVIDIA GeForce RTX 5070 GPU configurations or better.
[vii] Based on internal analysis on October 2024 comparing Alienware 16 Area-51 and Alienware x16 R2
[viii] Available in participating countries.
[ix] Based on internal analysis, April 2024
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SOURCE Dell Technologies
Technology
ASUS ROG Unveils Latest Innovations Forged to Unlock Limitless Gaming Potential at CES 2025
Published
31 minutes agoon
January 7, 2025By
ROG redefines the future of gaming with its powerful lineup of gaming laptops, desktops, and external graphics.
LAS VEGAS, Jan. 6, 2025 /PRNewswire/ — ASUS Republic of Gamers (ROG) unveiled its groundbreaking 2025 gaming technology lineup today at the Unlock the ROG Lab: For Those Who Dare virtual event for CES 2025. Channeling the innovative spirit of ROG Lab, this year’s products—including cutting-edge laptops, desktops, and external GPUs—are engineered to redefine gaming performance and help every player realize their full potential.
Headlining the range is the 2025 ROG Strix SCAR 16/18 series, featuring next-generation Intel® Core™ Ultra 9 275HX processors and up to NVIDIA RTX™ 5090 laptop GPUs for unrivaled power in both gaming and creative workflows. The ROG Strix G16/G18 models complement this by offering AMD Ryzen™ 9 or Intel® Core™ Ultra 9 HX processors, making them ideal for AAA gaming and content creation.
ROG also introduced the versatile Zephyrus G14/G16, ultrathin laptops combining portability with uncompromising performance, as well as the 2025 Flow Z13—a 2-in-1 gaming tablet powered by up to AMD Ryzen AI MAX+ 395 and featuring a vibrant ROG Nebula Display. Completing the lineup is the ROG G700 desktop series, equipped with up to Intel® Core™ Ultra 9 285K or AMD Ryzen™ 7 9800X3D processors and up to NVIDIA RTX™ 5090 GPUs.
ROG’s previously revealed ROG Phone 9 series is also available for purchase starting January 7.
CES 2025 attendees can experience these innovations firsthand at The Venetian Expo, Meeting Room #3102, from January 6 to January 9, 2025.
ROG Strix SCAR 16/18: Unleashing Ultimate Power and Precision
The 2025 ROG Strix SCAR 16/18 is powered by the Intel® Core™ Ultra 9 275HX, paired with up to NVIDIA GeForce RTX™ 5090 laptop GPUs. Featuring a MUX Switch and NVIDIA Advanced Optimus, these laptops excel in AAA gaming, high-performance tasks, and multitasking. ROG’s Intelligent Cooling technology, with a custom vapor chamber, Tri-Fan design, and Conductonaut Extreme liquid metal, ensures low temperatures and noise levels, maintaining peak performance even in extended sessions.
The ROG Nebula HDR Display elevates visuals with its 2.5K mini-LED panel, 240Hz refresh rate, 16:10 aspect ratio, 2,000+ dimming zones, and 1200 nits peak brightness. 100% DCI-P3 color coverage and ACR technology enhance contrast and reduce reflections for immersive gameplay.
With up to 64GB DDR5-5600 RAM, a 2TB PCIe Gen4 SSD, and a futureproof upgrade design, the SCAR Series offers exceptional speed, storage, and flexibility. Customizable AniMe Vision and Aura RGB lighting add a personal aesthetic, making this laptop a powerhouse tailored for modern gamers.
ROG Strix G16/G18: Empowering Every Gamer
The ROG Strix G16/G18 redefine gaming and content creation with unmatched performance and cutting-edge design. Powered by AMD Ryzen™ 9 HX or Intel® Core™ Ultra 9 HX processors and paired with NVIDIA RTX™ 50 Series Laptop GPUs, these laptops deliver lightning-fast AAA gaming performance and seamless multitasking for resource-intensive applications. With up to 32GB of DDR5 5600MHz RAM, users can tackle demanding tasks with ease.
Advanced Tri-Fan Technology, a full-width heatsink, and full-surround vents ensure superior thermal management, keeping temperatures low during intense gaming sessions. Whether it’s marathon battles or creative workflows, the ROG Strix G16/G18 maintain peak performance without compromise.
The ROG Nebula Display features a stunning 2.5K resolution, ultra-responsive 240Hz refresh rate, and 3ms response time for smooth, vibrant gameplay. 100% DCI-P3 color coverage and Ambient Contrast Ratio (ACR) technology enhance every detail while reducing reflections for an immersive experience. A built-in 1080p FHD camera and dual Dolby Atmos-enabled speakers make streaming and recording effortless, with crisp visuals and high-quality audio for sharing your victories.
Dual PCIe Gen 4.0 SSD slots offer expansive storage, with Intel models supporting PCIe Gen 5 on both slots and AMD models on one. This future-ready design ensures easy upgrades to stay ahead of evolving gaming demands.
The AMD-powered Strix G614/814models feature ROG pixel-pattern aesthetics, a robust armor cap, and a sleek hinge design for durability and style. Meanwhile, the Intel-equipped G615/815 models showcase full-surround Aura RGB lighting, delivering a bold, customizable look that complements any gaming setup.
Customizable hotkeys provide quick access to essential commands, empowering gamers to stay in control during critical moments. Whether you’re leading your squad to glory or diving into creative projects, the ROG Strix G16/G18 are built to help you rise to the top.
Zephyrus G14/G16: Ultra-Portable Gaming at its Best
The ROG Zephyrus G14/G16 deliver portability and performance in a lightweight CNC-milled aluminum chassis. The G16 is powered by up to Intel® Core™ Ultra 9 285H and NVIDIA GeForce RTX™ 5090 laptop GPUs, while the G14 features up to AMD Ryzen AI 9 HX 370 and NVIDIA GeForce RTX™ 5080 laptop GPUs, ensuring seamless gaming and multitasking.
The G14’s ROG Nebula OLED Display offers 3K resolution, 120Hz refresh rate, and 0.2ms response time, while the G16’s 2.5K OLED Display boasts a 240Hz refresh rate with similar responsiveness. Both feature 100% DCI-P3 color coverage and NVIDIA G-SYNC® for smooth, tear-free visuals.
Advanced cooling with 2nd Gen Arc Flow Fans and vapor chamber or heat pipe systems keeps performance optimized during intense gaming. Weighing 3.46lbs (G14) and 4.30lbs (G16) with maximum thicknesses of 0.62″ and 0.58″, these ultrathin laptops offer exceptional portability. Stylish Platinum White and Eclipse Gray options with Slash Lighting add bold aesthetics.
The G14 integrates AI-powered tools like Microsoft Copilot for productivity and NVIDIA DLSS for optimized gaming. Both models include robust I/O options, such as DisplayPort 2.1 and USB-C with 100W power delivery, making the Zephyrus G14/G16 versatile and powerful companions for gamers and creators.
ROG Flow Z13: The Game-Changer in 2-in-1 Gaming
The 2025 ROG Flow Z13 is a versatile 2-in-1 gaming tablet that delivers portability and top-tier performance. Powered by AMD’s Ryzen AI Max+ 395, a cutting-edge chiplet-based design, it offers exceptional performance and power efficiency, perfect for its compact 13-inch form factor. With up to 128GB of unified memory, the Z13 ensures high-speed access for both CPU and GPU needs, boosting performance and responsiveness.
The Z13 features a 2.5K ROG Nebula 180Hz touchscreen with Pantone validation and 100% DCI-P3 color coverage, delivering stunningly accurate visuals. Built from durable CNC aluminum, it weighs slightly more than a standard tablet and includes a 170° kickstand for versatile use. A 70 Wh battery provides up to 10 hours of gaming or productivity on the go.
A revamped stainless steel vapor chamber and 2nd Gen Arc Flow Fans™ ensure quiet, efficient cooling even under heavy loads. The new ROG Command Center offers quick access to system functions, while an enhanced touchpad and keycaps make the Flow Z13 equally suited for work and play.
2025 ROG XG Mobile: More Than Graphics, Less to Carry
The 2025 ROG XG Mobile redefines portable gaming accessories with NVIDIA GeForce RTX™ 5090 laptop GPUs and cutting-edge Thunderbolt™ 5 connectivity. This compact external GPU delivers peak performance in a striking new design, making it the perfect companion for gamers on the go.
A redesigned vapor chamber reduces weight by 30% with a new copper build while maintaining top thermal performance through 50% thicker capillary structures. Combined with an inverted fan outlet, the XG Mobile manages heat efficiently while keeping noise levels low. Advanced active bridge rectifier MOSFETs make it ROG’s smallest and lightest external GPU yet, enhancing portability without compromising power.
Connectivity options include HDMI 2.1, DisplayPort 2.1, dual USB 3.2 Gen2 Type-A ports, and an SD card reader, all accessible via a single Thunderbolt 5 connection. Customizable operating modes and full Aura Sync support let users personalize RGB lighting through its semi-transparent case. With the 2025 ROG XG Mobile, gamers can enjoy flagship performance and portability, transforming portable gaming solutions.
ROG Phone 9 Series
The ROG Phone 9 series, including the ROG Phone 9 and ROG Phone 9 Pro, combines sleek, high-end design with the innovative AniMe Vision mini-LED auxiliary display. Powered by the Qualcomm® Snapdragon® 8 Elite Mobile Platform, these gaming phones deliver unparalleled performance, supported by ROG’s AI-driven gaming features and the advanced GameCool 9 cooling system.
The 3-nanometer Snapdragon 8 Elite Mobile Platform ensures ultrasmooth, lag-free gameplay, with Qualcomm Seamless enabling effortless syncing to Snapdragon X Elite-powered PCs. Enhanced components like the Oryon™ CPU, Adreno™ GPU, and AI-focused Hexagon NPU push performance to new heights, handling even the most demanding titles with ease.
Designed with a unique SoC-centered structure, the ROG Phone 9 series stays cool under pressure, especially when paired with the AeroActive Cooler X Pro clip-on cooler for enhanced heat dissipation. For a console-like experience, the ROG Tessen mobile controller transforms the phone into a professional-grade gaming device, offering exceptional comfort for extended sessions.
ROG G700 Series Desktops: Built for Performance and Flexibility
The 2025 ROG Strix G700 series desktops are built for gaming excellence, featuring AMD Ryzen 7 9800X3D or Intel® Core™ Ultra 9 285K processors and NVIDIA RTX™ 50 Series Desktop GPUs. With up to 64 GB of DDR5 RAM at 6000MHz and high-speed PCIe Gen 5 storage, the G700 ensures exceptional performance and responsiveness.
Designed for durability, the G700 offers both air- and water-cooling configurations, with a quad-fan system optimizing airflow. Tool-less access to the side and front panels simplifies upgrades, while standard-sized components extend the chassis’s lifespan and ease maintenance.
The sleek design features a seamless glass front panel with minimal gaps, accented by ROG’s signature “slash” design and customizable RGB lighting. Aura Sync support allows for a unified aesthetic with other ROG peripherals, while dust filters on the top and bottom panels maintain cleanliness for consistent performance.
With premium ROG-engineered components, the G700 series delivers top-tier gaming performance and flexibility in a sophisticated, durable design.
AVAILABILITY AND PRICING
Gaming laptops are scheduled for release in Q1 2025, starting in February.
ROG Desktops will soon be available for Configure to Order on the ASUS Store, offering gamers the flexibility to customize their ideal setup. Additionally, multiple pre-built configurations will be available for purchase through major retailers Q1 2025. For more details, please contact your ASUS representative.
The ROG Phone 9 and ROG Phone 9 Pro are now available for purchase through Amazon and ASUS Online Store.
For specific release dates and availability, please reach out to your ASUS representative.
SPECIFICATIONS
2025 ROG Strix SCAR 16/18
Config Model Name
G635L | G835L
Marketing Name
2025 ROG Strix Scar 16/18
Operating System
Windows 11 Pro
Color
Off Black
Weight
18″: 7.67 lbs
16″: 6.28 lbs
Dimensions
18″: 15.71″ x 11.73″ x 0.93″ ~ 1.26″
16″: 13.94″ x 10.55″ x 0.90″ ~ 1.21″
Display
16″ | 18″, ROG Nebula HDR, Mini LED, 240Hz, 2560×1600, 500 nits (SDR), 1200 nits (HDR), 100% DCI-P3, Pantone Validated, G-Sync, Dolby Vision HDR, 1200:1 contrast ratio
Processor
Intel Core Ultra 9 275HX
Graphics
Up to NVIDIA RTX 5090, 175W Max TGP, 24GB VRAM
Memory
Up to 64 GB DDR5 5600 Included (2 x SODIMM slots)
Storage
Up to 2TB PCIe 4.0 SSD included (2 x SSD slots, support PCIe 5.0)
Webcam
1080p FHD IR Webcam
Wi-Fi
Wi-Fi 7 + Bluetooth 5.4
IO Ports
1 x 2.5G Lan Jack
2 x Thunderbolt 5 (PD, DP, G-Sync support)
3 x USB 3.2 Gen 2 Type-A
1 x HDMI 2.1 FRL
1 x 3.5 mm Audio Combo Jack
Battery
90 Whr
AC Adapter
Rectangle Conn, 380W AC Adapter, Output: 20V DC, 19A, 380W, Input: 100-240V AC, 50/60Hz universal
2025 ROG Strix G16/G18 (Intel)
Config Model Name
G615L | G815L
Marketing Name
2025 ROG Strix G 16/18 (Intel)
Operating System
Up to Windows 11 Pro
Color
Off Black
Weight
18″: 7.54 lbs
16″: 6.02 lbs
Dimensions
18″: 15.71″ x 11.73″ x 0.93″ ~ 1.26″
16″: 13.94″ x 10.55″ x 0.90″ ~ 1.21″
Display
16″ | 18″, Up to ROG Nebula, IPS, 240Hz, 2560×1600, 500 nits, 100% DCI-P3, Pantone Validated, G-Sync, Dolby Vision HDR
Processor
Intel Core Ultra 9 275HX
Graphics
Up to NVIDIA RTX 5080, 175W Max TGP, 16GB VRAM
Memory
Up to 64 GB DDR5 5600 Included (2 x SODIMM slots)
Storage
Up to 2TB PCIe 4.0 SSD included (2 x SSD slots, support PCIe 5.0)
Webcam
1080p FHD IR Webcam
Wi-Fi
Wi-Fi 7 + Bluetooth 5.4
IO Ports
Up to 1 x 2.5G Lan Jack*
Up to 2 x Thunderbolt 5 (PD, DP, G-Sync support)**
3 x USB 3.2 Gen 2 Type-A
1 x HDMI 2.1 FRL
1 x 3.5 mm Audio Combo Jack
Battery
90 Whr
AC Adapter
Rectangle Conn, Up to 380W^ AC Adapter, Output: 20V DC, 19A, 380W, Input: 100-240V AC, 50/60Hz universal
Notes
*2.5G or 1G Lan Jack depending on the configuration
** 2 x Thunderbolt 5 or 1x Thunderbolt 4 + 1x USB 3.2 Gen 2 Type-C depending on the configuration
^ 380W or lower depending on the GPU
2025 ROG Strix G16/G18 (AMD)
Config Model Name
G614F | G814F
Marketing Name
2025 ROG Strix G 16/18 (AMD)
Operating System
Windows 11 Home
Color
Eclipse Gray
Weight
18″: 6.61 lbs
16″: 5.51 lbs
Dimensions
18″: 15.71″ x 11.57″ x 0.91″ ~ 1.21″
16″: 13.94″ x 10.39″ x 0.89″ ~ 1.20″
Display
16″ | 18″, Up to ROG Nebula, IPS, 240Hz, 2560×1600, 500 nits, 100% DCI-P3, Pantone Validated, G-Sync, Dolby Vision HDR
Processor
Up to AMD Ryzen 9 9955HX3D
Graphics
Up to NVIDIA RTX 5070Ti, 140W Max TGP, 12GB VRAM
Memory
Up to 32 GB DDR5 5600 Included (2 x SODIMM slots)
Storage
Up to 1TB PCIe 4.0 SSD included (2 x SSD slots, support for PCIe 5.0 on one slot)
Webcam
1080p FHD IR Webcam
Wi-Fi
Wi-Fi 6E + BT 5.3
IO Ports
1 x 1G Lan Jack
1 x USB 4.0 (PD, DP, G-Sync support)
1 x USB4 (DP, G-Sync support)
1 x HDMI 2.1 FRL
1 x 3.5 Audio Combo Jack
Battery
90 Whr
AC Adapter
ø6.0, 280W AC Adapter, Output: 20V DC, 14A, 280W, Input: 100~240C AC 50/60Hz universal
2025 Zephyrus G16
Config Model Name
GU605C
Marketing Name
2025 Zephyrus G16
Operating System
Up to Windows 11 Pro
Color
Platinum White | Eclipse Gray
Weight
4.3 lbs
Dimensions
13.94″ x 9.69″ x 0.59″ ~ 0.69″
Display
16″, Up to ROG Nebula, OLED, 240Hz, 2560×1600, 500 nits, 100% DCI-P3, Pantone Validated, G-Sync, Dolby Vision HDR
Processor
Intel Core Ultra 9 285H
Graphics
Up to NVIDIA RTX 5090, 175W Max TGP, 24GB VRAM
Memory
Up to 64 GB LPDDR5X 7467 (on board)
Storage
Up to 2TB PCIe 4.0 SSD included (2 x SSD PCIE 4.0)
Webcam
1080p FHD IR Webcam
Wi-Fi
Wi-Fi 7 + Bluetooth 5.4
IO Ports
1 x Thunderbolt 4 (PD, DP support)
1 x USB 3.2 Gen Type-C (PD, DP, G-Sync support)
2 x USB 3.2 Gen 2 Type-A
1 x HDMI 2.1 FRL
1 x 3.5 Audio Combo Jack
Battery
90 Whr
AC Adapter
Rectangle Conn, 240W AC Adapter, Output: 20V DC, 12A, 240W, Input: 100~240C AC 50/60Hz universal
2025 Zephyrus G14
Config Model Name
GA403W
Marketing Name
2025 Zephyrus G14
Operating System
Up to Windows 11 Pro
Color
Platinum White | Eclipse Gray
Weight
3.46 lbs
Dimensions
12.24″ x 8.66″ x 0.63″ ~ 0.72″
Display
14″, Up to ROG Nebula, OLED, 240Hz, 2880 x 1800, 500 nits, 100% DCI-P3, Pantone Validated, G-Sync, Dolby Vision HDR
Processor
AMD Ryzen AI 9 HX 370
Graphics
Up to NVIDIA RTX 5080, 175W Max TGP, 16GB VRAM
Memory
Up to 32 GB LPDDR5X 7500 (on board)
Storage
Up to 2TB PCIe 4.0 SSD included (1 x SSD PCIE 4.0)
Webcam
1080p FHD IR Webcam
Wi-Fi
Wi-Fi 7 + Bluetooth 5.4
IO Ports
1 x USB 4.0 (PD, DP support)
1 x USB 3.2 Gen Type-C (PD, DP, G-Sync support)
2 x USB 3.2 Gen 2 Type-A
1 x HDMI 2.1 FRL
1 x 3.5 Audio Combo Jack
Battery
90 Whr
AC Adapter
Rectangle Conn, 240W AC Adapter, Output: 20V DC, 12A, 240W, Input: 100~240C AC 50/60Hz universal
2025 Flow Z13
Config Model Name
GZ302EA-XS96
GZ302EA-DS96
Marketing Name
Flow Z13 (2025)
Flow Z13 (2025)
Operating System
Windows 11 Pro
Windows 11 Home
Color
Off Black
Off Black
Weight
2.64 lbs
2.64 lbs
Dimensions
11.81 x 8.03 x 0.51 inches
11.81 x 8.03 x 0.51 inches
Display
ROG Nebula Display, 13.4″, IPS, 180Hz, 3ms response times, 2560×1600, 100% DCI-P3, Pantone Validated, Touch and Pen support, 1500:1 contrast ratio, Corning Gorilla Glass 5
ROG Nebula Display, 13.4″, IPS, 180Hz, 3ms response times, 2560×1600, 100% DCI-P3, Pantone Validated, Touch and Pen support, 1500:1 contrast ratio Corning Gorilla Glass 5
Processor
AMD Ryzen AI Max+ 395
AMD Ryzen AI Max 390
Graphics
RDNA 3.5
RDNA 3.5
Memory
32GB LPDDR5X
32GB LPDDR5X
Storage
1TB PCIe 4.0 SSD
1TB PCIe 4.0 SSD
Webcam
Front Camera: 3DNR + 5M IR Camera
Rear Camera: 13M Camera
Front Camera: 3DNR + 5M IR Camera
Rear Camera: 13M Camera
Wi-Fi
Wi-Fi 7
Wi-Fi 7
IO Ports
2 x USB4 (PD, DP support)
1 x USB-A 3.2 Gen 2
1 x HDMI 2.1
1 x microSD card reader (UHS-II)
1 x Audio Combo Jack
2 x USB4 (PD, DP support)
1 x USB-A 3.2 Gen 2
1 x HDMI 2.1
1 x microSD card reader (UHS-II)
1 x Audio Combo Jack
Battery
70Whr
70Whr
AC Adapter
200W
200W
NOTES TO EDITORS
ASUS USA Pressroom: https://www.asus.com/us/news/
ASUS USA Facebook: https://www.facebook.com/asus.n.america/
ASUS USA X (Twitter): https://twitter.com/ASUSUSA
About ROG
Republic of Gamers (ROG) is an ASUS sub-brand dedicated to creating the world’s best gaming hardware and software. Formed in 2006, ROG offers a complete line of innovative products known for performance and quality, including motherboards, graphics cards, system components, laptops, desktops, monitors, smartphones, audio equipment, routers, peripherals and accessories. ROG participates in and sponsors major international gaming events. ROG gear has been used to set hundreds of overclocking records and it continues to be the preferred choice of gamers and enthusiasts around the world. To become one of those who dare, learn more about ROG at http://rog.asus.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/asus-rog-unveils-latest-innovations-forged-to-unlock-limitless-gaming-potential-at-ces-2025-302343602.html
SOURCE ASUS Computer International
Technology
BRISKPE Launches Unified Platform for Cross-Border Payments
Published
31 minutes agoon
January 7, 2025By
Indian MSMEs can now access A2A transfers, card, and wallet-based collections — all under one platform
MUMBAI, India, Jan. 7, 2025 /PRNewswire/ — BRISKPE, a PayU-backed cross-border payment platform, has introduced a game-changing solution designed specifically to meet the needs of micro, small, and medium enterprises (MSMEs). This unified platform integrates account-to-account (A2A) transfers, card collections powered by PayU and PayPal, providing exporters, service providers, marketplace sellers and freelancers with unparalleled convenience and efficiency in managing international transactions.
By combining A2A transfers with card- and wallet-based collections, BRISKPE offers MSMEs unparalleled flexibility to cater to diverse client preferences, broaden market reach, and accelerate growth. With this integration, businesses can tap into a global network of users and unlock new opportunities.
Sanjay Tripathy, Co-Founder and CEO of BRISKPE, encapsulates the company’s mission. “Our goal is to empower MSMEs by breaking down the financial and operational barriers that have held them back for too long. By simplifying cross-border payments and offering a variety of payment options, including A2A, card-based and wallet-based collections, we’re not just helping businesses save costs—we’re enabling them to address diverse client needs and focus on growth, innovation, and unlocking their full potential. We believe that with the right tools, Indian MSMEs can lead the charge in global trade, benefiting diverse communities and driving economic growth for all,” he says.
Seamless Payment Solutions
MSMEs play a pivotal role in propelling India toward its ambitious $2 trillion export target by 2030. However, they often face significant barriers in international trade, with payment challenges being a key obstacle. High forex fees eat into already thin margins, slow payment timelines disrupt cash flow, and regulatory hurdles add layers of complexity to an already demanding process. BRISKPE’s platform is designed to eliminate these pain points, offering a streamlined solution that ensures businesses can focus on growth and innovation, not red tape.
At the heart of the platform is its ability to cut costs without cutting corners. Unlike traditional payment methods, which often involve expensive SWIFT transfers and hidden charges, BRISKPE offers a flat 1% fee on transactions (inclusive of GST) for their A2A payments. Funds are credited within one day (for A2A), enabling businesses to maintain healthy cash flow and seize opportunities without delay. The platform supports local collections in six major currencies—USD, GBP, EUR, CAD, AUD, and SGD—eliminating the need for multiple bank accounts or intermediaries. It also supports SWIFT transfers in over 30 currencies and real-time payment tracking. Instant KYC approvals ensure a seamless onboarding process, while the all-in-one dashboard streamlines payment management. This isn’t just about savings—it’s about empowering businesses to reinvest in their growth and make the most of their hard-earned revenue. When every rupee counts, having a cost-efficient solution can be the difference between stagnation and expansion.
For their card and wallet transactions, BRISKPE ensures secure payments through robust gateways like PayU and PayPal, that employ advanced fraud detection technologies. The platform simplifies payment integration, saving time and reducing technical challenges.
Empowering Exporters
This bold vision is already translating into tangible benefits for businesses across industries. Whether it’s a textile exporter looking to expand into new markets, a tech startup managing international clients, or a small trader breaking into global e-commerce, BRISKPE is providing the foundation for growth. By addressing the challenges that have long plagued cross-border transactions, the platform wants to move beyond just being a payments solution—it wants to be a catalyst for economic progress. “As global markets become more competitive, Indian MSMEs need every advantage they can get. With BRISKPE, the world is just a payment away,” adds Tripathy.
About BRISKPE
BRISKPE is a pioneering cross-border payments platform, primarily designed to meet the unique requirements of Micro, Small, and Medium Enterprises (MSMEs). Established in 2023, its cutting-edge technology simplifies global payments, making them cost-efficient, faster, and hassle-free, while ensuring seamless access, robust tracking, and stringent compliance. BRISKPE is committed to providing MSMEs with a comprehensive solution that empowers these businesses to reduce costs, streamline global operations, and boost their global competitiveness.
Learn more at www.briskpe.com
Logo: https://mma.prnewswire.com/media/2260059/4368299/Briskpe_Logo.jpg
View original content:https://www.prnewswire.com/in/news-releases/briskpe-launches-unified-platform-for-cross-border-payments-302341770.html
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