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Scope Technologies Strengthens Product Leadership with the Appointment of Industry Veteran Ted Carefoot as Vice President of Product

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VANCOUVER, BC, Jan. 31, 2025 /CNW/ — Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) (“Scope” or the “Company”) is pleased to announce the appointment of Ted Carefoot as Vice President of Product. Carefoot, an accomplished technology leader with a track record of driving innovation at firms such as Electronic Arts (EA), Disney Online Studios Canada, and other major technology firms, will drive the continued evolution of QSE, Scope’s flagship quantum-proof security platform.

 

 

With over 20 years of experience in leading high-performance product teams and initiatives, Carefoot brings expertise in AI-driven cloud, digital security, risk management, and software product development. He most recently served as Development Director at EA, driving designated IP assets and online content end-to-end production through release. Prior to that, he held leadership roles including managing cybersecurity initiatives at Disney Online Studios Canada, and AI cloud projects at Finger Food Studios. Carefoot’s extensive experience in software development, risk management, AI, and security compliance, reinforced by his certifications in Governance, Risk & Compliance (GRC), Cybersecurity, and Agile Product Management, positions him to play a critical role in expanding Scope’s market leadership in quantum security solutions.

“As Scope Technologies continues its growth trajectory, our commitment to product excellence and innovation is paramount,” said James Young, CEO of Scope Technologies Corp. “Ted’s experience in building and scaling complex digital security and AI-driven products at leading technology companies is exactly what we need as we expand QSE’s adoption in both enterprise and retail markets. His expertise will accelerate our product roadmap, ensuring QSE remains at the forefront of post-quantum security.”

Driving Product Innovation and Market Expansion

Carefoot’s appointment underscores Scope Technologies’ commitment to product advancement, market expansion, and revenue growth. With quantum computing advancements posing increasing threats to conventional encryption, QSE’s suite of quantum-resilient security solutions has gained traction across multiple industries. Carefoot will oversee the scaling of QSE’s product capabilities, optimizing its architecture for enterprise, cloud, and decentralized security solutions.

“I’m thrilled to join Scope Technologies at such a pivotal time,” said Ted Carefoot, VP of Product. “Quantum threats are real, and businesses need solutions now to future-proof their security. The opportunity to lead QSE’s product evolution and drive meaningful market adoption aligns perfectly with my experience in AI-driven security and large-scale product development.”

Scope Technologies continues to aggressively expand its team and product offerings, reinforcing its position as a leader in next-generation quantum-proof security. With QSE already in the market and gaining momentum, the company remains focused on delivering real-world solutions to secure critical data today and into the future.

About QSE Group

QSE Group, a division of Scope Technologies Corp., specializes in quantum-resilient encryption and secure cloud storage solutions. By leveraging true randomness (entropy) and advanced encryption techniques, QSE Group protects data from both current and future threats. Learn more at qse.group.

About Scope Technologies Corp

Headquartered in Vancouver, British Columbia, Scope Technologies Corp is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands, QSE Group and GEM AI, Scope provides next-generation solutions in data security, quantum encryption, and neural networks, empowering businesses with secure, scalable technologies that drive growth and operational efficiency.

LinkedIn: scope-technologies-corp
Facebook: Scope Technologies Corp
Twitter: @ScopeTechCorp

Logo: https://mma.prnewswire.com/media/2521783/5144645/Scope_Technologies_Corp_Logo.jpg

Contact Information:
James Young
CEO, Scope Technologies Corp.
Email: james@scopetech.ai 
Phone: +1 604-416-1720
Website: www.scopetechnologies.io

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements that constitute forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “aim”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company’s latest management discussion and analysis, a copy of which is available under the Company’s profile on SEDAR at www.sedar.com. While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company’s business. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.

The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

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SOURCE Scope Technologies Corp.

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Cultural Tourism Sees Strong Growth in China, with Social Media Trends Reflecting Global Interest

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SHANGHAI, March 14, 2025 /PRNewswire/ — China’s cultural tourism sector is gaining international attention as more travellers seek immersive, heritage-rich experiences. Social media trends and travel data highlight a surge in interest, particularly during the recent Chinese New Year period, reinforcing the country’s growing appeal as a cultural travel destination.

One initiative contributing to this trend was the Chinese New Year Tour Global KOL China Travel Campaign, launched in mid-January by Tripadvisor and Trip.com Group, a leading global travel service provider. The campaign engaged over 40 international travel influencers, who explored ten cities across four themed routes, including Zhangzhou and Fuzhou in Fujian province, Yancheng in Jiangsu, Changzhi and Yuncheng in Shanxi, Nanchang, Lushan, and Jingdezhen in Jiangxi, as well as Changsha and Zhangjiajie in Hunan. Their content—showcasing Chinese New Year festivities, local traditions, and breathtaking landscapes—has already garnered over 80 million online views and nearly one million engagements, reaching a worldwide audience.

This is amidst the backdrop of China’s expanding visa-free policies, facilitating smoother entry for international visitors. According to immigration authorities, over 64 million foreign visitors had travelled to China in 2024, with over 20 million taking advantage of visa-free entry. The recent inclusion of ASEAN tour groups in February this year for visa-free programs in destinations like Xishuangbanna in Yunnan Province is expected to drive further growth.

Online travel trends also reflect this rising interest. Trip.com Group data reports a 7.5-fold increase in searches for Chinese lanterns, temple fairs, and theatrical performances during the Chinese New Year period compared to the previous year.

This year’s Chinese New Year celebrations were particularly significant, being the first since the festival’s recognition on UNESCO’s Intangible Cultural Heritage list. As awareness of heritage preservation grows, efforts to highlight historic sites and traditional celebrations are expected to further engage travellers interested in cultural tourism.

Looking ahead, cultural events such as China Tourism Day on May 19 will continue to shine a spotlight on heritage destinations. “We are confident that such initiatives will inspire international tourists to explore cultural traditions and deepen their appreciation for global heritage,” says Benny Wang, Senior Vice President of Trip.com Group.

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SOURCE Trip.com Group

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MEXC Lists AO (AO), Expanding Support for Decentralized Computing and AI Innovation with a 140,000 USDT Prize Pool

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VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency trading platform, announces the listing of AO (AO) on both spot and futures markets, scheduled for March 14, 2025, at 06:00 (UTC). To mark the occasion, MEXC is launching an Airdrop+ rewards event with a 140,000 USDT prize pool, providing users with multiple opportunities to engage with AO and explore its potential within the decentralized computing space.

Unleashing AO: MEXC Supports the Future of Decentralized Computing and AI Agents

AO is a decentralized ultra-parallel computing network that expands on-chain computation while ensuring all operations remain verifiable and permanently recorded. Built on Arweave’s permanent storage, AO features an actor-oriented architecture, where modular programs (actors) operate independently, select their own virtual machines (VMs), consensus mechanisms, and payment models, and communicate through a standardized messaging layer. With self-triggering execution and autonomous agent capabilities, AO enables efficient DeFi strategies, automated DEX trading, and AI-driven applications, unlocking a new era of decentralized computing.

By listing AO, MEXC reinforces its commitment to supporting cutting-edge innovations at the intersection of AI, blockchain infrastructure, and decentralized computing. As demand for on-chain processing and AI-powered applications grows, MEXC provides AO with critical market access, deep liquidity, and an engaged global user base to accelerate its adoption and utility. Beyond just a listing, MEXC plays a crucial role in fostering the adoption and development of innovative blockchain projects across AI and DePIN. With a strong trading community, strategic marketing initiatives, and a track record of launching high-potential assets, MEXC provides projects like AO with the tools to gain visibility and traction within the crypto ecosystem. Through this listing, MEXC continues to connect users with the latest blockchain advancements, ensuring accessibility to next-generation decentralized infrastructure.

Celebrate AO’s Listing with a 140,000 USDT Prize Pool

MEXC, known for quickly listing trending tokens, expands its offerings with AO (AO). The AO/USDT trading market officially launched in the Innovation Zone on March 14, 2025, at 06:00 (UTC), followed by the introduction of the AO USDT perpetual futures at 06:10 (UTC), offering adjustable leverage from 1x to 50x with both cross and isolated margin modes.

To celebrate the listing of AO (AO) on MEXC Spot and Futures, MEXC is launching a series of exclusive events from March 13, 2025, at 12:00 (UTC) – March 23, 2025, at 10:00 (UTC), giving both new and existing users the opportunity to earn USDT bonuses and other rewards while engaging with the AO ecosystem.

Event 1: Deposit to Share 72,000 USDT (New User Exclusive)

New users who trade AO spot (≥ $100) or futures (≥ $500) can earn a 30 USDT bonus, with a total of 72,000 USDT up for grabs.

Event 2: Futures Challenge — Trade to Share 50,000 USDT in Futures Bonuses (Open to All Users)

Each user can receive up to 5,000 USDT in Futures bonuses.

Event 3: Invite New Users & Share 18,000 USDT (Open to All Users)Event 4: Spread the Word and Win Rewards

Your Easiest Way to Trending Tokens

MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 34 million by offering a diverse selection of tokens, high-frequency airdrops, competitive fees, and comprehensive liquidity. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X TelegramHow to Sign Up on MEXC

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V CAPITAL CONSULTING GROUP GUIDES SAGTEC GLOBAL LIMITED TO NASDAQ IPO, ACHIEVING FIFTH SUCCESSFUL LISTING

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Consultancy Firm Secures Fifth Consecutive Success, Assisting Local Software Provider in Raising US$7 Million through Nasdaq IPO

KUALA LUMPUR, Malaysia, March 14, 2025 /PRNewswire/ — V Capital Consulting Group Limited (“VCCG”, or the “Company”) is pleased to announce the successful initial public offering (IPO) of its client, Sagtec Global Limited (“Sagtec”). The listing marks VCCG’s fifth overall success on Nasdaq and the third IPO within the past year, highlighting the Company’s expertise in guiding businesses to the global capital market. 

The corporate advisory firm, a subsidiary of VCI Global Limited (NASDAQ:VCIG),  provides turnkey solutions for companies seeking to list on Nasdaq. With Sagtec’s successful listing — the firm’s third Nasdaq IPO within a year — VCCG has further solidified its growing presence in the IPO advisory space. This achievement underscores the company’s commitment to guiding more Southeast Asian businesses to the global capital market.

As Sagtec’s IPO consultant, VCCG provided strategic guidance throughout the listing process, helping the software solutions provider raise US$7 million (approximately RM31 million) and achieve a post-listing valuation of over US$50 million (approximately RM221.4 million). Sagtec, which primarily serves the Food and Beverage (F&B) sector, saw its flagship product, Speed+, surpass 10,000 subscribers, reflecting 47% growth. In 2024, the company’s revenue reached approximately US$11.63 million (approximately RM51.38 million), marking an 82.29% increase from the previous year.

“This IPO is another step toward strengthening Malaysia’s presence on Nasdaq, and we are thrilled to have supported Sagtec in reaching this milestone. With an expanding track record of listings and a commitment to empowering Southeast Asian companies, VCCG continues to pave the way for regional businesses seeking global capital market success,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

“This achievement reflects our team’s dedication and the invaluable guidance of our advisors, whose expertise was essential in navigating the complexities of the listing process and positioning Sagtec for long-term success. With this Nasdaq listing, we’re not just expanding globally but also redefining what’s possible for Southeast Asia tech innovators – and this is just the beginning of an exciting new chapter for Sagtec,” said Kevin Ng, Executive Director and Chief Executive Officer of Sagtec.

About V Capital Consulting Group Limited

V Capital Consulting Group, a spin-off and subsidiary of VCI Global (NASDAQ:VCIG), is a consulting firm specializing in capital market advisory services across pre-IPO, IPO, and post-IPO phases, as well as merger and acquisition advisory. Our team of experienced consultants is recognized for their in-depth knowledge and proven track record of delivering impactful results.

With a core team of experts in corporate finance, capital markets, and legal advisory, we empower clients to navigate complex market landscapes, anticipate challenges, and seize business opportunities.

To date, VCCG has successfully assisted notable companies in securing Nasdaq listings, including Founder Group Limited, YY Group Holding Limited, and others.

About Sagtec Global Limited

Sagtec specializes in customizable software solutions for the Food & Beverage (F&B) sector, offering table ordering, QR ordering, and self-service kiosk applications to enhance operational efficiency. The company also provides software development, CRM, invoicing, data management, and social media management for various industries, including Key Opinion Leaders (KOLs). Through its majority-owned subsidiary, CL Technologies, Sagtec operates power-bank charging stations at 300 locations across Malaysia. Its flagship product, Speed+, a smart ordering system on leased POS machines, streamlines order management and surpassed 6,800 subscribers in 2024, reflecting its growing market adoption.

For more information, please visit https://www.sagtec-global.com/ . 

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

View original content:https://www.prnewswire.com/apac/news-releases/v-capital-consulting-group-guides-sagtec-global-limited-to-nasdaq-ipo-achieving-fifth-successful-listing-302401703.html

SOURCE V Capital Consulting Group

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