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DreamSmart StarV Air2 Debuted at CES 2025, Leading a New Trend in Smart Wearables

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LAS VEGAS, Jan. 8, 2025 /PRNewswire/ — The 2025 Consumer Electronics Show (CES 2025) was grandly held in Las Vegas, USA, from January 7 to January 10, 2025. DreamSmart’s StarV Air2 AR smart glasses, debuted at CES 2025, demonstrating its innovative technology and value pursuit of technology for good and bringing a new smart wearable experience to consumers around the world.

The booth of DreamSmart and its partner Captify were surrounded by audiences who paid great attention to StarV Air2 and other products. Founded by hearing-impaired Tom Pritsky, Captify aims to improve social communication for the hearing-impaired through visualization technology, and its prototype products have attracted extensive attention on social networks in the United States. The cooperation between DreamSmart and Captify aims to bring more innovative products and services to the hearing-impaired and promote the construction of a barrier-free society.

As a blockbuster new product launched by DreamSmart under the “All in AI” strategy, StarV Air2 provides a new communication tool for the hearing impaired. Its speech transcription function can convert the picked-up audio source into clear subtitles and display them on the glasses quickly and accurately, meeting the needs of the hearing impaired in multiple scenarios such as travel, classes, training, medical treatment, business meetings, etc.

StarV Air2 has added a new “real-time calling translation” function, which can receive speech in real-time during a call, automatically identify and translate the call content, and then generate a text record with one click, so that the hearing-impaired can answer calls without worrying about communication barriers and participate in communication more confidently.

Adopting an advanced optical waveguide display solution, StarV Air2 weighs only 44g and has a thin and stylish design that is no different from that of ordinary glasses, bringing users a comfortable wearing experience throughout the day. In addition, StarV Air2 is also equipped with the self-developed StarVision optical waveguide display system and the “Hummingbird Mini II” MicroLED single green light engine to achieve a delicate and clear solid color display effect.

In terms of interaction design, taking into full account users’ usage habits and needs, StarV Air2 supports multiple interaction methods such as AI-driven voice interaction, touchpad interaction via smartphone APP, StarV Ring2 smart ring control interaction, and physical button interaction via power buttons and scrolls, allowing users to easily and conveniently operate glasses. At the same time, StarV Air2 also offers excellent sound quality, so that it can replace daily Bluetooth headphones to meet the listening needs of users in various scenarios.

Driven by AI technology, StarV Air2 is gradually becoming an important AI implementation hardware in the form of smart glasses and has shown unique competitive advantages. For example, StarV Air2’s AI-driven real-time dialogue translation supports 13 languages such as English, Japanese, Russian, and French, changing the way users communicate with the world; its AI-driven flash memory and shorthand can directly evoke the AI voice assistant to generate text records and list them into the to-do list, greatly facilitating users’ lives; the AI meeting assistant can not only intelligently prompt words during speeches but also generate meeting minutes summary based on the meeting speech to continuously improve office efficiency.

DreamSmart has become a pioneer in the industry in the AR field. The StarV series of smart glasses have accompanied users to travel in more than 30 countries and regions around the world, and their core function of “multilingual AI translation” has been used for more than 100,000 hours in total, fully demonstrating the global influence of the products.

As a global technology company, DreamSmart has always adhered to a global vision and accelerated the expansion of overseas markets, with XR smart glasses being sold in North America, Europe and other regions, smartphones being sold in Asia-Pacific, Latin America, the Middle East, Europe and other regions, bringing a multi-terminal, full-scenario and immersive integrated experience to global users.

In the future, DreamSmart will continue to carry out technological innovation and actively practice the concept of technology for good to provide more support for the hearing-impaired using the power of technology. At the same time, DreamSmart will continue to deepen the “All in AI” strategy and thoroughly develop the industrial layout of “smartphones + XR + smart cars”, so as to promote the construction of an AI ecosystem that integrates software and hardware, interconnects multiple terminals, and covers all scenarios.

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SOURCE DreamSmart

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TriNetX’s Founding CEO Announces Plans to Step Down

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January 9, 2025

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After 11 Years, Gadi Lachman to Conclude Operating Role, Remain on TriNetX’s Board

CAMBRIDGE, Mass., Jan. 9, 2025 /PRNewswire/ — TriNetX, the largest global source of real-world data, today announced that Gadi Lachman, the Company’s Founder, President and CEO, will step down from his operating role on March 31, 2025. Gadi founded TriNetX in 2014 and has served as President and CEO in the succeeding 11 years. Gadi will continue to serve on TriNetX’s Board of Directors and will be an Advisor to Carlyle, TriNetX’s majority investor.

“It has been an honor to build TriNetX and be part of such an outstanding team. I want to thank TriNetX’s employees, customers, and shareholders for the support they have shown me. With the talent and passion of our people I am immensely confident in TriNetX’s continued success,” said Lachman. “Together, we have built the largest global platform for clinical research, with data from over 25 countries and tens of millions of queries a month. Our solutions are moving clinical research to a whole different level and saving lives on a massive scale, across all therapeutic areas.”

During the transition period, Jeff Margolis, a current TriNetX Director, will serve as Executive Chairman to ensure continuity in leadership and governance while a CEO search is conducted.

Margolis said, “I have had the distinct privilege of serving on the Board alongside Gadi and partnering with him for 11 years. On behalf of the Board, we thank Gadi for shaping and leading TriNetX to become the world’s top ecosystem of real-world data and real-world evidence serving life sciences and the broader healthcare industry. I look forward to working with him and the rest of the Board over the next months to execute a successful transition of leadership.”

Joe Bress, Partner and Global Co-Head of Healthcare for Carlyle, TriNetX’s lead investor, added, “We have been thrilled to partner with Gadi since our initial investment in TriNetX over four years ago. Thanks to his disciplined leadership, TriNetX is one of the few companies that has sustained profitability even during periods of high growth. Gadi has built the company up to an exciting point, paving the way for a new leader to take the business into its next chapter of growth and success.”

Through this leadership transition, TriNetX remains steadfast in its mission to advance global healthcare through the power of real-world data. The Board, leadership team, and employees are united in their commitment to driving continued innovation and delivering success for customers and partners, all while building on Gadi’s exceptional legacy.

About TriNetX, LLC

TriNetX is a global network of healthcare organizations and life sciences companies dedicated to advancing real-world research and expediting the development of new therapies. Through its self-service, HIPAA-, GDPR-, and LGPD-compliant platform of federated deidentified and anonymous electronic health record datasets and consulting partnerships, TriNetX empowers its global community to improve clinical trial protocol design, streamline trial operations, refine safety signals, and enrich real-world evidence generation. For more information, please visit TriNetX at www.trinetx.com or follow TriNetX on LinkedIn.

Media Contact
TriNetX
Michelle Fleming, Chief Marketing Officer
Email: Michelle.Fleming@TriNetX.com

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Stellus Private Credit BDC Announces $0.36 First Quarter 2025 Regular Dividend, Payable Monthly in Increments of $0.12 in January, February, and March 2025

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January 9, 2025

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HOUSTON, Jan. 9, 2025 /PRNewswire/ — Stellus Private Credit BDC (“the Company”) announced that its Board of Trustees has declared a monthly dividend of $0.12 for each of January, February, and March, totaling $0.36 per share in the aggregate for the first quarter of 2025. The regular dividend of $0.36 per share will be paid to shareholders of record in January, February, and March 2025.

Summary of First Quarter 2025 Regular Monthly Dividends

Declared

Record Date

Payment Date

Amount per Share

1/9/2025

1/10/2025

1/31/2025

$0.12

1/9/2025

2/3/2025

2/28/2025

$0.12

1/9/2025

3/3/2025

3/31/2025

$0.12

About Stellus Private Credit BDC

The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien (including unitranche) loans, second lien loans and unsecured debt financing, with corresponding equity co-investments. The Company’s investment activities are managed by its investment adviser, Stellus Private BDC Advisor, LLC.

Forward-Looking Statements

Statements included herein may contain “forward-looking statements” which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release, including statements about COVID-19 and its impacts, may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Contacts
Stellus Private Credit BDC
W. Todd Huskinson, Chief Financial Officer
(713) 292-5414
thuskinson@stelluscapital.com

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SOURCE Stellus Private Credit BDC

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MongoDB, Inc. to Present at the 27th Annual Needham Growth Conference

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47 minutes ago

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January 9, 2025

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NEW YORK, Jan. 9, 2025 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) today announced that Chief Operating Officer and Chief Financial Officer, Michael Gordon, and Senior Vice President of Finance, Serge Tanjga, will present virtually at the 27th Annual Needham Growth Conference.

The MongoDB presentation is scheduled for Thursday, January 16, 2025, at 3:45 p.m. Eastern Time. A live webcast of the presentation will be available on the Events page of the MongoDB investor relations website at https://investors.mongodb.com/news-events/events. A replay of the webcast will also be available for a limited time.

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 today’s wide variety of modern applications, all in a unified and consistent user experience. MongoDB has tens of thousands of 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.

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

Media Relations
MongoDB PR
press@mongodb.com

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SOURCE MongoDB, Inc.

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