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TONCASH Secures Strategic Investment from TON Ventures to Scale Crypto Cashback Platform

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The investment will enable TONCASH to accelerate the onboarding of millions of users to its innovative crypto cashback platform and build the Web3 standard for best-price shopping.

HONG KONG, Jan. 7, 2025 /PRNewswire/ — TONCASH, the Telegram-native crypto cashback and rewards platform, has received a strategic investment from TON Ventures, the flagship venture fund of The Open Network (TON). The strategic investment will accelerate TONCASH’s mission to onboard millions of users and become the Web3 standard for best-price shopping and on-chain rewards.

Ben Usinger, CEO and Co-Founder of TONCASH, commented: “This investment deepens our collaboration with Telegram and The Open Network, empowering us to deliver the best online shopping and rewards experience for the Web3 audience. With TON Ventures’ strategic support, we’re driving the adoption of on-chain payments, engaging millions of users through innovative cashback mechanics and redefining how brands connect with customers in the Web3 space.”

Since launching its Telegram Mini App in November 2024, TONCASH has gained over 200,000 users and a large following on social media, underscoring its product-market fit and rapid growth potential.

TONCASH users enjoy deals from over 200 top brands, including Apple, Adidas, Binance, or Trip.com, offering up to 80% cashback — redeemable in Bitcoin, USDT, or TON tokens. Beyond cashback, the mini app provides perks such as airdrops and engagement rewards, all while operating seamlessly on any phone with Telegram installed.

With TON Ventures’ backing, TONCASH now pursues an aggressive expansion across Asia-Pacific, Europe, the Middle East, and Latin America, reaching Telegram’s 950-million-user base and connecting global brands to Web3 users through crypto cashback and rewards.

To join the app and benefit from its perks:

Visit: TONCASH website

Join us on Telegram

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View original content:https://www.prnewswire.co.uk/news-releases/toncash-secures-strategic-investment-from-ton-ventures-to-scale-crypto-cashback-platform-302343118.html

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P&R Measurement Debuts at CES 2025: Redefining Industrial Applications and Flexible Manufacturing

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LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — P&R Measurement, a key player in the measurement and control industry, is making its global debut at CES 2025, showcasing breakthrough solutions in AI-driven industrial applications and flexible manufacturing. Highlighting its upgraded brand vision, “Empowering everyone to be an innovator,” the company focuses on “AI-enhanced industrial applications + flexible manufacturing solutions” for modern industrial needs.

At the heart of P&R Measurement’s exhibit is PRIME, its self-developed industrial AI Agent. Designed to integrate testing and manufacturing systems with advanced automation, PRIME simplifies workflows, reduces technical barriers, and empowers non-expert users to confidently handle complex engineering tasks. This transformative technology embodies P&R Measurement’s commitment to innovation, delivering greater value to clients while expanding opportunities for growth.

Flexible Manufacturing and Tailored Solutions

P&R Measurement’s flexible manufacturing innovations also take center stage alongside PRIME. The company offers customized solutions for automated testing and assembly lines, enhancing precision, efficiency, and reliability across industries. In collaboration with a leading home appliance manufacturer, its Smart Lab—an AI and IoT-powered automated laboratory platform—optimized product development by reducing energy consumption by 30%, lowering R&D costs, and boosting testing efficiency in high-energy labs.

Additionally, P&R Measurement is showcasing its A²S Lab, a sensory testing solution, and A²TP, a flexible testing platform, which streamline complex product testing and enhance user experience.

Cross-Industry Collaboration and Market Recognition

Leveraging expertise across AI, information technology, industrial manufacturing, measurement and testing, P&R Measurement creates high-value solutions tailored to the consumer electronics, home appliances, and automotive sectors. Its AI-enhanced visual defect detection system has enabled a pass rate exceeding 99.8% for large automotive parts, while its deep learning model for a consumer electronics client automated sound anomaly detection, ensuring production accuracy and efficiency.

These innovations have addressed critical challenges, including on-time delivery and quality control, earning P&R Measurement widespread market recognition and trust.

Vision for the Future

P&R Measurement continues to transform intelligent manufacturing by integrating AI and advanced testing technologies into industrial and everyday applications. With a flexible, customer-focused approach, the company remains committed to evolving market demands. Following CES 2025, P&R Measurement will showcase its cutting-edge concepts at Design Con on January 28, reinforcing its leadership in shaping the future of global industrial ecosystems.

For more information, visit the P&R Measurement website at
https://prmeasure.com/
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RedBox Storage Appoints Benny Chung as New CEO to Drive Continued Growth and Innovation

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HONG KONG, Jan. 9, 2025 /PRNewswire/ — RedBox Storage is pleased to announce the appointment of Benny Chung as its new Chief Executive Officer, effective January 1, 2025.

Mr Chung brings a wealth of experience to RedBox, having most recently served as the Group Head of Investment at JustCo Group where he successfully led initiatives that drove corporate development, asset management strategies across the APAC region.

His prior experiences included various leadership roles at Shangri-La Group where Mr Chung managed assets exceeding HK$25 billion and oversaw a portfolio of more than 15 assets in South China.  Additionally, he served as Chief of Staff at CapitaLand driving corporate planning and focusing on the operations of CapitaMalls across Asia, which had a market capitalization of US$7 billion.

Since 2022, RedBox Storage has expanded its footprint, now owning and operating six modern facilities with over 400,000 gross floor area (GFA). The recent launch of a new facility on Western Hong Kong Island highlights the strong demand for self-storage solutions.

Redbox Storage Interim CEO Michael Cocozzo said:  “RedBox aims to be the leading self-storage operator in Hong Kong, and we see significant opportunities for further growth. With his extensive expertise in investment and asset management, Mr Chung is well-positioned to drive RedBox’s strategy and innovation in a competitive market. We look forward to collaborating with him as he leads the company through the next phase of development.”

Mr Chung said: “I am honored by the opportunity to lead RedBox Storage. Delivering high-quality customer experiences and innovative solutions is key to achieving success in the dynamic business environment of 2025 and beyond. Together with our talented team, I believe we can deliver exceptional value to our customers and maintain our reputation for reliability and excellence.”

For more information about RedBox Storage, please visit https://www.redboxstorage.com.hk/

About RedBox Storage

RedBox Storage has established itself as a premier storage provider, known for its reliability and personalized services. With ownership and operation of six modern facilities across Hong Kong, RedBox ensures convenient access for customers, boasting a combined space that spans over 400,000 GFA. The company takes pride in its unwavering dedication to security and the pursuit of innovative service solutions designed to meet individual client requirements, emphasizing customer peace of mind. Its consistent record of growth led to a landmark acquisition by global investment giant Brookfield Asset Management in 2022, highlighting the company’s successful expansion and enduring commitment to excellence.

View original content:https://www.prnewswire.com/apac/news-releases/redbox-storage-appoints-benny-chung-as-new-ceo-to-drive-continued-growth-and-innovation-302343728.html

SOURCE RedBox Storage

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Touch the Future: Hanvon Unveils the World’s First EMC-Touch Chip & Penstar Brand at CES 2025

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LAS VEGAS, Jan. 8, 2025 /PRNewswire/ — Hanvon Technology, a pioneer in China’s artificial intelligence industry, made a significant splash at the CES 2025 Global Consumer Electronics Show, held at the Las Vegas Convention Center. Under the theme “Touch the Future,” Hanvon showcased a range of innovative technologies and products, including the world’s first EMC-Touch chip, HW0888, the Penstar digital notebook brand, biomimetic flying robots, digital signature, input method and OCR solutions. The event highlighted Hanvon’s key original technologies and its extensive industrial layout.

EMC-Touch Chip: Touch the Future Together
Since its founding in 1993, Hanvon has been deeply involved in the field of electromagnetic touch technology and is one of only two companies globally holding wireless passive electromagnetic patents. In 2010, Hanvon expanded into the capacitive touch field. Combining 30 years of expertise in electromagnetic technology with 15 years in capacitive touch technology, Hanvon has innovatively introduced the world’s first EMC-Touch chip, HW0888. This chip, along with a single layer of sensors, perfectly realizes the EMC solution, supporting both passive electromagnetic pens and capacitive touch. It features 8192 levels of pressure sensitivity and multi-finger touch functionality.

Penstar: Redefining the Digital Notebook Market
To tap into the large and steadily growing global market, Hanvon has developed a new brand strategy for Penstar, actively expanding into overseas e-commerce channels. The Penstar eNote digital notebook opened for sales in the North American market in August 2024 and has quickly gained popularity among users in North America.

The Penstar eNote is equipped with Hanvon’s revolutionary PureView™ ePaper screen technology, which eliminates accidental touches and enhances screen clarity. Since its launch, it has received widespread acclaim. Penstar’s debut at CES marks the accelerated global expansion of Hanvon’s digital notebook offerings, both online and offline, and highlights the company’s ambition in the global digital notebook market.

The New GoGoBird 3010: Soaring Globally
Hanvon’s GoGoBird is the world’s first commercialized autonomous flying biomimetic robot with flapping wings. Since its launch in 2019, it has quickly gained traction in markets across North America, Australia, Europe, Japan, and South Korea. The GoGoBird 3010, also known as “Golden Eagle,” is Hanvon’s latest model. It integrates biomimetic flight, intelligent sensing, and AI technology, offering features such as autonomous obstacle avoidance and high-definition real-time image transmission.

Profound Technological Accumulation and Deep Industry Expertise
At CES, Hanvon also showcased industry-leading solutions in digital signatures, input methods, and OCR, promoting global digital sustainable development.

Hanvon’s input method, integrated with Hanvon’s handwriting recognition, supports multiple languages with high recognition accuracy, low resource consumption, and high security. This method is closely integrated with in-vehicle applications, optimizing input efficiency based on specific scenarios, and is customized for multi-screen input, voice recognition, and multi-terminal screen responses, enabling a more comfortable and secure human-vehicle interaction.

With more than 20 years of experience in OCR, Hanvon has solved world-class challenges, such as recognizing freehand manuscripts, achieving a handwriting recognition rate of over 95%. Hanvon’s OCR solution has been successfully applied in scenarios such as financial bills, cards and certificates, vehicle driving licenses, reimbursement vouchers, and batch data recognition, helping businesses reduce costs and improve efficiency.

Leading AI Innovation and Industrial Development
Hanvon has long been at the forefront of artificial intelligence innovation and industrial development. The introduction of the world’s first EMC-Touch chip, the Penstar digital notebook, GoGoBird, and other groundbreaking applications at CES demonstrates Hanvon’s leadership in AI-driven interactions.

“Hanvon will continue to prioritize original innovation, striving to fulfill the mission of ‘machines understanding you better.’ Together, we will touch the future in this new era of artificial intelligence,” said a Hanvon spokesperson.

 

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SOURCE Hanvon

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