SALT LAKE CITY, April 7, 2025 /PRNewswire/ — FatPipe, Inc. (“FatPipe” or the “Company”), a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions for organizations, including enterprises, communication service providers, security service providers, government organizations, and middle-market companies, is pleased to announce the pricing of its underwritten initial public offering of 695,656 shares of common stock at a public offering price of $5.75 per share. The shares of common stock have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on April 8, 2025, under the ticker symbol “FATN.”

The Company expects to receive aggregate gross proceeds of $4 million from the offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day over-allotment option to purchase up to an additional 104,348 shares of common stock at the public offering price, less underwriting discounts. The closing for the initial public offering is expected to occur on or about April 9, 2025, subject to satisfaction of customary closing conditions.

D. Boral Capital LLC is acting as the Sole Book-Running Manager for the offering.

Sichenzia Ross Ference Carmel LLP, New York, NY, is acting as counsel to the Company, and Lucosky Brookman LLP, Woodbridge, NJ, is acting as counsel to the underwriter in connection with the offering.

A registration statement on Form S-1 (File No. 333-280925) relating to the offering was filed with the U.S. Securities and Exchange Commission (“SEC”), as amended and was declared effective by the SEC on February 12, 2025. A post-effective amendment to the registration statement on Form S-1 relating to the offering was filed with SEC and was declared effective by the SEC on March 17, 2025. The offering of the securities is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus may be obtained, when available, at the SEC’s website at www.sec.gov or from D. Boral Capital LLC, Attention: 590 Madison Avenue 39th Floor, New York, NY 10022, or by email at info@dboralcapital.com, or by telephone at +1(212)-970-5150.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

About FatPipe, Inc.

FatPipe, Inc. a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions for organizations, including enterprises, communication service providers, security service providers, government organizations, and middle-market companies. FatPipe’s network optimization solutions, along with robust cybersecurity and SASE protection, provide organizations with superior network performance and corporate security.  FatPipe provides highly recognized intra-corporate wide area network solutions that transcend internet and other network failures to maintain business continuity and high transmission security.  FatPipe’s network monitoring, reporting, and alerting, reduce the time and effort required by network administrators leading to more efficient network operations.

FatPipe has customers in the United States and around the world, and more than 200 resellers worldwide including almost all national resellers in the US. 

For more information, please visit https://www.fatpipeinc.com.

Legal Disclaimer

Certain statements contained in this press release, including statements relating to the Company’s expectations regarding the completion, timing and size of its proposed public offering and listing may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management’s current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in FatPipe’s registration statement on Form S-1, as it may be amended from time to time. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences

Company Contact Info
IR.Press@fatpipeinc.com

Media Contacts

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SOURCE FatPipe Networks

LAS VEGAS, April 7, 2025 /PRNewswire/ — Monks, the global, purely digital, data-driven, unitary operating brand of S4 Capital plc, today marks an important milestone in its ongoing journey to revolutionize the media & entertainment industry with the launch of its offerings based on NVIDIA Media2, an AI-powered initiative transforming content creation, streaming and live media experiences, at the National Association of Broadcasters (NAB) in Las Vegas. These innovations broaden the capabilities of Monks.Flow, Monks’ AI-powered professional managed service, to deliver smarter automation of live broadcasting through real-time AI and 5G-enabled camera switching.

Following the introduction and announcement of Media2 at CES, Monks Technology Services has announced a comprehensive suite of media & entertainment solutions aimed at driving innovation, monetization and efficiency in broadcast. Leveraging NVIDIA technologies—including NVIDIA NIM microservices, NVIDIA Blueprints, NVIDIA NeMo, and NVIDIA Holoscan for Media—Monks focuses on real-time audience feedback, AI-powered encoding and content analysis for large archives. Additionally, Monks will launch a new suite of vision language model (VLM) service offerings with their strategic partner, Twelve Labs.

NAB attendees can see firsthand how the company is bringing AI automation to live broadcasting workflows with a use-case inside Verizon Booth #W2530 at NAB. Monks teamed with Verizon to develop an AI use-case that harnesses the power of a video inference to drive intelligent, software-defined broadcasting workflows at the edge. Using video streams transmitted over 5G, this workflow helps broadcasters by suggesting the best shots in a multi-cam feed while communicating with downstream applications to optimize stream bandwidth.

Monks’ work in AI is backed by its award-winning professional managed service, Monks.Flow, which recently earned a top distinction at the Business Intelligence awards in the AI product category. Monks.Flow integrates AI workflows from leading tech companies to deliver bespoke solutions for customers. Monks recently announced an Agentic AI Advisory group and Monks Foundry, at NVIDIA GTC.

In addition to helping brands streamline operations, Monks.Flow, in combination with solutions from NVIDIA and AWS, has proven to help build sustainability gains by reducing carbon emissions inherent to traditional broadcast workflows, such as inefficient resource usage, energy-intensive processes and outdated infrastructure. In recognition of these efforts, Lewis Smithingham, EVP of Strategic Industries at Monks, will accept the Sustainability Leader in Media Technology Award presented by the Media Tech Sustainability Series.

Monks also announced today that it has achieved the Amazon Web Services (AWS) Media & Entertainment Competency status for AWS Partners, recognizing Monks’ demonstrated technical proficiency and proven customer success automating workflows and accelerating customer journeys across the media & entertainment ecosystem.

Building on this momentum, Monks is excited to partner with Tagboard to host the Storyteller Series at the SiriusXM studio, an event that brings together industry leaders to share crucial insights on the future of broadcasting. Lewis Smithingham will lead engaging conversations throughout this two-day series, aimed at uncovering actionable knowledge and innovative strategies examining the evolving landscape of media.

About Monks
Monks is the global, purely digital, data-driven, unitary operating brand of S4 Capital plc. With a legacy of innovation and specialized expertise, Monks combines an extraordinary range of global Marketing and Technology Services to accelerate business growth and redefine how brands interact with the world. From crafting tailored, outcome-focused campaigns to modernizing critical infrastructure for the ever-evolving digital landscape, Monks delivers solutions that engage audiences in real time, drive cultural relevance and sustain long-term impact—a tripartite approach that establishes it as a trusted partner to the world’s most innovative brands.

Monks was named a Contender in The Forrester Wave™: Global Marketing Services, ranks among Cannes Lions’ Top 10 Creative Companies (2022-24) and remains the only partner featured in AdExchanger’s Programmatic Power Players list every year (2020-24). Named Adweek’s first AI Agency of the Year (2023), Monks secured all three honors in Business Intelligence Group’s 2024 Excellence in Artificial Intelligence Awards: Individual, Organizational and AI Product. As a trusted partner to cutting-edge innovators in tech, Monks earned titles such as Optimizely Experimentation Partner of the Year (2024), runner-up for the Adobe Firefly Partner Award (2024), and Workato’s AI Visionary Customer Impact Award (2024). Additionally, Monks was named Webby Production Company of the Year (2021-24) and achieved a record-breaking number of FWAs.

About S4Capital
S4Capital plc (SFOR.L) is the tech-led, new age/new era digital advertising, marketing and technology services company, established by Sir Martin Sorrell in May 2018.

Our strategy is to build a purely digital advertising and marketing services business for global, multinational, regional, and local clients, and millennial-driven influencer brands. This will be achieved by integrating leading businesses in two synchronised practices: Marketing services and Technology services, along with an emphasis on ‘faster, better, cheaper, more’ execution in an always-on consumer-led environment, with a unitary structure.

The Company now has approximately 7,300 people in 33 countries with approximately 80% of net revenue across the Americas, 15% across Europe, the Middle East and Africa and 5% across Asia-Pacific. The longer-term objective is a geographic split of 60%:20%:20%. At the Group’s last full year results, Content accounted for approximately 60% of net revenue, Data&Digital Media 24% and Technology Services 16%. The long-term objective for the practices is a split of 50%:25%:25%.

Sir Martin was CEO of WPP for 33 years, building it from a £1 million ‘shell’ company in 1985 into the world’s largest advertising and marketing services company, with a market capitalisation of over £16 billion on the day he left. Prior to that Sir Martin was Group Financial Director of Saatchi & Saatchi Company Plc for nine years.

Media Contact
Sarah Murray
sarah.murray@monks.com 

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SOURCE Monks

Milestone Systems is pleased to announce the acquisition of brighter AI, effective April 1, 2025.

COPENHAGEN, Denmark , April 7, 2025 /PRNewswire-PRWeb/ — The Berlin-based technology company, brighter AI, provides anonymization solutions for video data based on state-of-the-art deep learning technology to protect people’s identities in public.

The advances of artificial intelligence raise concerns around data privacy across the world. One of the biggest challenges in developing AI solutions is finding and accessing sufficient data that can be used. Without data, there are no AI models to train, which are essential for existing AI technologies such as ChatGPT and Copilot. This challenge is particularly significant in video data, where it is even more difficult to find data that does not contain sensitive personal information. The solution lies within regulatory-compliant data and this is exactly what brighter AI’s anonymization technology brings.

The acquisition of brighter AI also opens up a range of new opportunities with anonymization capabilities and privacy enhancement, which protects data and enables full data privacy. The addition of brighter AI significantly strengthens Milestone’s offerings for video management software, video surveillance as a service and video analytics and fuels the company’s ongoing growth journey in and beyond security. Additionally, brighter AI’s anonymization technology serves as a cornerstone of the recently announced data library and AI model training tool Project Hafnia.

Strengthening European competitiveness
The privacy-by-design tool developed by brighter AI further solidifies Milestone’s position as a leading Responsible Technology company. Combining two European tech leaders with a focus on taking a responsible approach to AI development will be a significant contribution to making Europe the leader in the global AI and tech landscape. It is a testament to European innovation and strengthens the continent’s competitiveness whilst protecting individual citizen’s privacy.

“brighter AI is a perfect match for Milestone. Their proven technology is top-notch and will give us a wider offering to existing and future technology partners and customers. The anonymization tool for video technology will also enhance our focus on responsible technology. Even more important, our two company cultures are highly compatible. Having known brighter AI for a while, as we have an established collaboration on Project Hafnia, I have complete faith that this will be a great benefit for all. I am indeed very pleased to welcome our new colleagues to Milestone,” says Thomas Jensen.

Founded in 2017 by Marian and Patrick Kern, brighter AI serves companies across various sectors and is the leading anonymization solution for video data based on artificial intelligence. For the solution Deep Natural Anonymization, which automatically detects a personal identifier such as a face and generates a synthetic replacement, brighter AI was named “Europe’s Hottest AI Startup” by Nvidia.

“brighter AI was founded with the mission to make visual data usable in a privacy-preserving way. Joining Milestone Systems marks an exciting new chapter—together, we can scale that mission to a global level out of Europe. Mile-stone’s leadership in responsible video technology and their vision with Project Hafnia align perfectly with our own values. We’re proud that our anonymization solutions will become a core pillar of a platform that’s set to redefine how compliant, high-quality video data is used to train AI. We’re ready to shape the future of visual AI—secure, ethical, and transformative.” Marian Gläser says.

Milestone Systems is acquiring brighter AI and are thereby significantly contributing to strengthening European com-petition power and innovation. Europe must be leading in setting the right standards for global responsible technology. By combining two European tech leaders with a dedicated focus on responsible AI development, Milestone con-tributes to making Europe a leader in the global AI and tech landscape. brighter AI employs 24 people. who will continue their great work as part of a separate business area within Milestone.

About Milestone Systems
Milestone Systems is a world leader in data-driven video technology used in industries as diverse as manufacturing, airports, law enforcement, retail, and traffic management. We provide a clear picture of how to create a safer, better and more prosperous world. Our XProtect video management software, BriefCam AI-powered analytics, and Arcules cloud VSaaS help customers learn from the past, understand the present, and predict the future. Founded in 1998 and headquartered in Copenhagen, Milestone employs more than 1,500 people worldwide and has been an independent company in the Canon Group since 2014. Visit milestonesys.com for more information.

About brighter AI
brighter AI is a leading provider of AI-powered anonymization technology for image and video data, enabling privacy-compliant analytics and machine learning across industries. Its award-winning solutions—Precision Blur and Deep Natural Anonymization (DNAT)—effectively redact faces and license plates while preserving data utility. brighter AI supports global organizations in complying with privacy regulations such as GDPR, CCPA, APPI, and PIPL, making it possible to use publicly recorded camera data without compromising individual privacy. Founded in 2017 and head-quartered in Berlin, brighter AI is trusted by leading enterprises worldwide. In 2024, the company was honored with the AI-Start-Up-Preis 2024 for its contributions to responsible AI and data privacy innovation. Visit brighter.ai for more information.

Media Contact

Monique Merhige, Infusion Direct Marketing, 7723804845, monique@infusiondirect.om, www.infusiondirect.com

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SOURCE Milestone Systems