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Global Business News
WOOFi, bullish on Layer 2s as it joins Hong Kong Web3 Festival

HONG KONG, April 12, 2023 /PRNewswire/ -- One of the top 15 DEXs by 24-hour trading volume and 30 most widely used protocols in all of DeFi, WOOFi takes the center stage at the sidelines of the Hong Kong Web3 Festival and speaks about the bullish prospects of Ethereum-based Layer 2 Networks as a result of the Shanghai upgrade and investors' increasing interest. Kevin Feng, Head of DeFi at WOO Network was a panel member at the LiquidityTech Protocol (LTP) Summit to discuss the topic "Is the future of finance decentralized?" where he was joined by representatives from Nomura Laser Digital, Foresight Ventures, MetaWeb Ventures, Bitget, and Bluefin. The summit, which will feature a roster of industry leaders, top trading institutions, digital currency asset banks, exchanges, custodians, investment banks, and regulators, will tackle cutting-edge trends and visions for the future of the digital asset field, from the perspective of institutional traders. Meanwhile, the Hong Kong Web3 Festival, expected to attract more than 10,000 participants, will cover other topics in the Web3 space including blockchain, metaverse, NFTs, and fintech. "The Shanghai upgrade will be one of the drivers [of DeFi and Layer 2 projects]. Several high-profile projects will go live in the next few months, including Base, zkSync Era, Polygon zkEVM, Scroll, and Linea. This will attract significant user attention and capital. The bullish sentiment is also tied to growing interest in the industry because of its open-source nature, fast innovation, and incessant growth. We're also excited about the level of interest of investors in the region and glad that WOOFi is at the intersection of these developments," Feng said in a statement. Before the formal opening of the Hong Kong Web 3 Festival, Hong Kong Financial Secretary Paul Chan already said that while the crypto markets have been highly volatile, it's the "right time" to push Web3 adoption in the region. Meanwhile, Feng said barely nine months have passed since WOOFi became the first DEX to deploy one-click cross-chain swaps powered by cutting-edge Stargate technology. He added that the DEX has overseen more than 100,000 cross-chain transactions, grown to support six chains, and saved traders countless hours that would have been otherwise lost in the painful process of manually bridging. Visit WOOFi-related articles here The content above is neither a recommendation for investment and trading strategies nor does it constitute an investment offer, solicitation, or recommendation of any product or service. The content is for informational sharing purposes only. Anyone who makes or changes to their investment decision based on the content shall undertake the result or loss by himself/herself. The content of this document has been translated into different languages and shared throughout different platforms. In case of any discrepancy or inconsistency between different posts caused by mistranslations, the English version on our official website shall prevail. CONTACT:Paolo Lisingpaolo@woo.network  

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 355 加入收藏 :
Global Business News
Artmarket.com: works co-signed by Jean-Michel Basquiat and Andy Warhol are currently showing at the Fondation Louis Vuitton in Paris. Artprice takes a look at their market

PARIS, April 12, 2023 /PRNewswire/ -- While a canvas by Andy Warhol generated the art auction market's second best-ever result last year (at $195 million) and a work by Jean-Michel Basquiat fetched over $110 million in 2017, the prices of works jointly produced by the two artists peaked at $14 million almost nine years ago. But that value differential hasn't discouraged the Louis Vuitton Foundation from organizing a major exhibition of the works co-signed by the two most emblematic figures of the New York scene of the 1960s and 80s. Portraits of Andy Warhol and Jean-Michel Basquiat ©thierry Ehrmann - Courtesy Musée L’Organe /La Demeure du Chaos – Abode of Chaos "Veritable pillars of the art market, ranked 1st and 7th in Artprice's 2022 global ranking by annual auction turnover (all periods combined), Andy Warhol and Jean-Michel Basquiat worked together for three years," says thierry Ehrmann, CEO of Artmarket.com and Founder of Artprice. "Together, they created several monumental pieces, some several meters long, but which do not always have the strength of the works they created alone. At least, that is what art auction market stats suggest". A well-orchestrated collaboration In 1982, gallery owner Bruno Bischofberger officially presented the young Jean-Michel Basquiat to the famous Andy Warhol. They soon began to work together, along with Italian artist Francesco Clemente, painting one after the other on the same canvases. Fruit of this triple collaboration, the work Origin of Cotton (1984) was first sold at auction in 1992 at Christie's in London for $95,700. In 2018 it sold a second time at Sotheby's for $592,000 (incl. fees). For a canvas measuring 130 by 180 cm and signed by three such prestigious artists, that price seemed almost too reasonable. www.artprice.com/artist/763353/jean-michel-&-francesco-&-andy-basquiat-&-clemente-&-warhol/painting/15326208/origin-of-cotton Within a short time, the two American stars decide to continue the collaboration alone, eventually leading to a major New York exhibition in the fall of 1985, less than two years before Warhol's death and a little less than three years before that of Jean-Michel Basquiat. The now iconic exhibition poster features them as boxers on a yellow background, haloed with red stars. The two artists are placed at the same height but already seem to be moving slightly apart. It's the story of this collaboration that the Louis Vuitton Foundation (designed by Frank Gehry in Paris's Bois de Boulogne) has decided to focus on (5 April to 28 August 2023). And although the story has two great giants of American painting as its principal protagonists, the commercial success of their joint works appears to have been somewhat tarnished by an inevitable clash of egos. In any case, the exhibition is perhaps most of all an opportunity to witness the meeting of two artistic currents, epitomized by two artists who were very close and yet very different, surrounded by Keith Haring, Madonna and a number of other celebrities, against a backdrop of Pop, Jazz… and the post-modern American Dream. What does the art market think?  The works created jointly by Warhol & Basquiat have come nowhere near the record valuations generated by the two artists individually. So, while they are not without value, collectors feel that their quality does not quite equal the sum of their two parts. Although we can easily see the liberated lines of Jean-Michel-Basquiat coupled with Andy Warhol's serigraphic style, and although they apparently swapped roles and techniques, these works seem to lack the full power of Basquiat or the full bewitchment of Warhol. So, at the end of the day, their value is essentially based on their two signatures. The opinions of collectors are amply reflected in the auctions results. The auction record for a work by the Warhol/Basquiat duo is currently that hammered in 2014 for the canvas Zenith (1985) at $11.4 million at Phillips in New York. Since then, 13 canvases signed by the two artists have been to auction – several of which are currently showing at the Louis Vuitton Foundation – without ever approaching the personal bests of the two artists (both of which are over $100 million):             - Wood (1984): $2.4 million in 2016             - Sweet Pungent (1984/85): $5.7 million in 2017             - Taxi, 45th/Broadway (c.1984/85): $9.4 million in 2018 In 2022, GE/Skull (1984/85) and 1/2 Keep Frozen (1984-1985) sold for $4.6 million and $3 million respectively at Christie's in New York. However, they belonged to the collection of Thomas Ammann alongside Shot Sage Marilyn Blue (1964) by Andy Warhol, the same canvas that fetched $195 million (incl. fees) on 9 May 2022. Thomas Ammann also owned a painting by Francesco Clemente entitled The fourteen stations, No. XI (1981/82), which generated a new record for the artist at $1.8 million (versus Christie's estimate of $80,000 - $120,000). www.christies.com/en/auction/the-collection-of-thomas-and-doris-ammann-evening-sale-29836/browse-lots A collaboration to revive each other's careers When they started working together in 1984, Andy Warhol was 57 and Jean-Michel Basquiat was 24. Yet in the eyes of the market, the best of their respective productions were already behind them. Our auction data shows that the most sought-after works by Andy Warhol are those created in 1962-1964, and in the case of Jean-Michel Basquiat, the year 1982 is considered his best creative period. What historians see in this union is, at least partly, the desire of a young painter to learn from a superstar and develop his brand image, and in return, Warhol's desire to work with a rising young talent. Curiously, it seems it was the older of the two who benefited most from this collaboration since it was Warhol who experienced another prosperous year (from a career perspective) in 1986, with, among other things, the production of a series of self-portraits and several canvases around the theme of Leonardo da Vinci's Last Supper. When Andy Warhol died on 22 February 1987 he left Jean-Michel Basquiat in the grips of his demons, and a year and a half later, on 12 August 1988, Basquiat died of a drug overdose at just 27. Images: [https://imgpublic.artprice.com/img/wp/sites/11/2023/04/image1-artmarket-artprice-Andy-Warhol-Jean-Michel-Basquiat-copyright-thierry-Ehrmann-courtesy-Organ-Museum-Abode-of-Chaos.jpg] [https://imgpublic.artprice.com/img/wp/sites/11/2023/04/image2-artmarket-artprice-auction-turnover-per-year-Andy-Warhol-and-Jean-Michel-Basquiat.png] Copyright 1987-2023 thierry Ehrmann www.artprice.com - www.artmarket.com Don't hesitate to contact our Econometrics Department for your requirements regarding statistics and personalized studies: econometrics@artprice.com Try our services (free demo): https://www.artprice.com/demo Subscribe to our services: https://www.artprice.com/subscription About Artmarket: Artmarket.com is listed on Eurolist by Euronext Paris, Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF. Discover Artmarket and its Artprice department on video: www.artprice.com/video Artmarket.com is owned by Server Group, which is the main shareholder and founder. Artmarket.com is a global player in the Art Market with, among other structures, its Artprice department, world leader in the accumulation, management and exploitation of historical and current art market information in databanks containing over 30 million indices and auction results, covering more than 810,000 artists. Artprice Images® allows unlimited access to the largest Art Market image bank in the world: no less than 180 million digital images of photographs or engraved reproductions of artworks from 1700 to the present day, commented by our art historians. Artmarket with its Artprice department accumulates data on a permanent basis from 6500 Auction Houses and produces key Art Market information for the main press and media agencies (7,200 publications). Its 7.2 million 'members log in' users have access to ads posted by other members, a network that today represents the leading Global Standardized Marketplace® to buy and sell artworks at a fixed or bid price (auctions regulated by paragraphs 2 and 3 of Article L 321.3 of France's Commercial Code). Artmarket, with its Artprice department, has twice been awarded the State label "Innovative Company" by the Public Investment Bank (BPI), which has supported the company in its project to consolidate its position as a global player in the art market. Artprice by Artmarket's Global Art Market Report, "The Art Market in 2022", published in March 2023:https://www.artprice.com/artprice-reports/the-art-market-in-2022 Artprice releases its 2022 Ultra-Contemporary Art Market Report:https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2022 The Artprice 2022 half-year report: the art market returns to strong growth in the West:https://www.artprice.com/artprice-reports/global-art-market-in-h1-2022-by-artprice-com Index of press releases posted by Artmarket with its Artprice department:https://serveur.serveur.com/artmarket/press-release/en/ Follow all the Art Market news in real time with Artmarket and its Artprice department on Facebook and Twitter: www.facebook.com/artpricedotcom/ (over 6.1 million followers)twitter.com/artmarketdotcomtwitter.com/artpricedotcom Discover the alchemy and universe of Artmarket and its artprice department www.artprice.com/video headquartered at the famous Organe Contemporary Art Museum "The Abode of Chaos" (dixit The New York Times): https://issuu.com/demeureduchaos/docs/demeureduchaos-abodeofchaos-opus-ix-1999-2013 L'Obs - The Museum of the Future: https://youtu.be/29LXBPJrs-o www.facebook.com/la.demeure.du.chaos.theabodeofchaos999  (over 4.2 million followers) https://vimeo.com/124643720 Contact Artmarket.com and its Artprice department - Contact: Thierry Ehrmann, ir@artmarket.com Auction turnover per year of creation for works by Andy Warhol and Jean-Michel Basquiat separately (1995 – 2022)    

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 528 加入收藏 :
Global Business News
Health In Tech Partners With 6 Degrees Health to Accelerate Implementation of Level-Funded Health Plans with Transparency, Control, and Predictability

Brokers and Employers with groups ranging from 5-150 lives will benefit from the partnership's fully integrated, solution-based products for the level-funded healthcare market. STUART, Fla., April 12, 2023 /PRNewswire/ -- Health in Tech ("HIT", or "the Company"), the industry-leading insurtech company that delivers disruptive innovation and reimagines self-funded health plans, today announced - to accelerate implementation with 6 Degrees Health to offer a new, value-based, level-funded health plan option for groups ranging from 5-150 lives. The fully integrated solution offered by the partnership provides a much-needed option for brokers and employers looking to control costs while still providing quality coverage for their employees. The partnership's value-based, level-funded approach is unique in the marketplace and offers several advantages over traditional Fully Insured and Level-Funded health plans. Some of the key advantages of the partnership include the following: -Integration where it matters. A fully integrated solution that offers a single point of contact for all individuals involved. -Level-Funded FIRM Quotes in 2 Minutes. Through the industry's fastest underwriting and broker-quoting platform, Do It Yourself Benefit Systems (eDIYBS), a proprietary technology of Health In Tech, users can produce a proposal in as little as 2 minutes or less. -Professional Plus, a Value-Based Payment Program Blended with Direct Contracts and a Physician Network. Professional Plus combines the comfort of a physician network with the savings of reference-based pricing, giving members more flexibility in decision-making and additional comfort for those who prefer contracted providers. -MediShield Legal Defense. MediShield provides full legal representation and defense for clients. "Following on our partnership announcement in January, we are very excited that a new, value-based option for the level-funded healthcare market is fully implemented," said Glenn Hillyer, Chief Growth Officer of Health In Tech, "This partnership will allow us to provide brokers, employers, employees, and TPAs with a fully integrated solution that offers transparency, control, and predictability." About Health In Tech Health in Tech is an industry-leading Insurtech company that delivers disruptive innovation and proprietary technology to reimagine risk, underwriting, and self-funding, making processes better, faster, and more efficient for everyone involved. Learn more at https://healthintech.com/. About 6 Degrees Health 6 Degrees Health is a service-first cost containment company that aims to set healthcare free from the constraints of traditional networks. 6 Degrees Health brings integrity to historically opaque billing practices. For more information, please contact: pr@healthintech.com

文章來源 : PR Newswire 美通社 發表時間 : 瀏覽次數 : 517 加入收藏 :
Global Business News
Pintec Regains Compliance with Nasdaq Minimum Bid Price Requirement

BEIJING, April 12, 2023 /PRNewswire/ -- Pintec Technology Holdings Limited (Nasdaq: PT) ("PINTEC" or the "Company"), a Nasdaq listing group providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem, today announced that it has received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq"), informing the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1). As previously announced, the Company was notified by Nasdaq on October 21, 2022 that it was not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1), as the closing bid price of the Company's American Depositary Shares ("ADSs") had been below US$1.00 for more than 30 consecutive business days. On April 10, 2023, Nasdaq provided confirmation to the Company that for the last 10 consecutive business days, from March 24, 2023 to April 6, 2023, the closing bid price of the Company's common stock has been at US$1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5450(a)(1) and this matter is now closed. Safe Harbor Statement This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Among other things, the quotations from management in this announcement, as well as PINTEC's strategic and operational plans, contain forward-looking statements. PINTEC may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve inherent risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, the Company's limited operating history, regulatory uncertainties relating to the markets and industries where the Company operates, and the need to further diversify its financial partners, the Company's reliance on a limited number of business partners, the impact of current or future PRC laws or regulations on wealth management financial products, and the Company's ability to meet the standards necessary to maintain the listing of its ADSs on the Nasdaq Global Market, including its ability to cure any non-compliance with Nasdaq's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. About PINTEC PINTEC is a Nasdaq listing group providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem. It connects business partners and financial partners on its open platform and enables them to provide financial services to end users efficiently and effectively. PINTEC empowers its business partners by providing them with the capability to add a financing option to their product offerings. It helps its financial partners adapt to the new digital economy by enabling them to access the online population that they could not otherwise reach efficiently or effectively. It continues to deliver exceptional digitization services, diversified financial products, and best-in-class solutions with innovative technology, thus to solidify its partnerships and satisfy its clients. For further information, please contact: Pintec Technology Holdings Ltd.Phone: +86 (10) 6506-0227E-mail: ir@pintec.com

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Global Business News
Development trends in fintech showcased by Goldpac at InnoEx 2023

A plethora of technologies are on display demonstrating the broader applications of fintech. HONG KONG, April 12, 2023 /PRNewswire/ -- At InnoEx, Asia's premiere I&T (Information & Technology) event, Goldpac (stock code: 03315.HK) is exhibiting a suite of technologies and solutions that map out development trends in the growth of fintech from its booth at 3D-E08. A wide selection of exhibits and demonstrations are available from stunning payment card printing finishes and instant card issuance services to AI (Artificial Intelligence) content verification and even technologies that enable new discoveries of consumer insights through secure sharing of encrypted 3rd party data. Advances in kiosk technologies allow self-service card issuance kiosks like the ACE301 being demonstrated, to combine card issuance with dispensing functions and more. Issuance and dispensing require different mechanical processes and were previously only available separately. Now a single unit can handle a multitude of services like issuing credit cards and dispensing medical cards. Kiosks increase efficiency, reduce queuing times in-branch, and elevate customer services quality and satisfaction. Alongside the ACE301 kiosk, Goldpac is displaying its entry level DCE160 and advanced, all-in-one, PIE001 desktop printers. The DCE160 offers everything needed for an efficient and trouble-free remote card issuance program. The PIE001 on the other hand, adds new levels of sophistication by foregoing the need for an external PC (this is built-in to the unit), adds convenience with built-in eKYC (Know Your Customer) features, and comes with a large 10" touchscreen. Designed as a portable, single-unit card issuance station, the PIE001 redefines convenient remote card issuance services. For front-end applications such as account opening and consumer onboarding, the SST502 is an ideal choice. Featuring a small footprint, the unit is perfect as a data capture and application station. A camera (for facial recognition or video/image capture), fingerprint scanner, card reader and electronic signature pad come as standard eKYC features. A high resolution A4 document scanner makes document capture a breeze. The card reader can also be used for card-based services such as digital wallet enquiry applications. Extending Kiosk Technologies To New Sectors Progress in fintech development has also brought about benefits in other sectors. Two self-service kiosks on display leverage the maturity of eKYC technologies to benefit government and healthcare sectors. The SCE303 Driver's License management kiosk can contribute significantly to reducing or eliminating long queues. The SCE303 issues a new driver's license on presentation of a citizen ID document, supports common paper-based licenses (prints and laminates) but can also support standard smartcards. The SCE303-F Prescription Pharmaceutical dispenser kiosk combines identity verification and proprietary medicine dispensing technology to standardise, personalise, and digitise the medicine dispensing workflow. This allows citizens to address their prescription medicinal needs at their own convenience. Tapping Into Artificial Intelligence Fintech is making headway along many different directions. However, Goldpac is focused on exploring how combining AI and fintech can make an impact around increasing the convenience and security of financial services provisioning. Growing demand for customised consumer products will fuel tremendous growth in personalised content generation. Goldpac's GoldAudit platform provides a very high-throughput, AI-driven content verification system to ensure for example, pictures uploaded by cardholders as their payment card face design comply with rules-based (copyright, obscene, forbidden, inappropriate etc.) filtering and approval. Automation drives advancement and the AI Voice Assistant is an example of the possibilities ahead. A straightforward concept, the system calls the mobile number of each customer in a database. Voice synthesis is used to read a customer services script and natural language processing interprets the customer's response. Such a system allows for example, an issuing bank to eliminate lost or "return to sender" mail costs by first confirming the mailing address using this system, thereby guaranteeing successful delivery. In collaboration with Marvel Digital Ai, Goldpac is also showcasing the use of AI for ID photo processing for eKYC applications. The system takes a photo of the user and applies computational algorithms to separate the user's portrait from its background, optimises and then formats the photo in accordance with relevant photo ID requirements. Goldpac developed its AI algorithms and integrated the algorithms into Marvel Digital Ai's edge computing AI chip. This collaboration enables an efficient solution for ID photo processing and other edge computing-related applications. To stir up some additional excitement and fun, an image generation demo takes user inputted keywords and choice of image style to feed an AI engine that creates fascinating and interesting pictures which can then be printed onto a smartcard to take away. Future Foundations Combining convenience with enhanced security, Goldpac is exhibiting its prototype Sonic PIN Detection software. Sound waves (at frequencies outside of the audible spectrum) are generated by a smart phone speaker which are then picked up by the phone's microphone.  Highly complex and advanced algorithms distinguish and detect how much force is exerted on the screen with each PIN press (and works with non-pressure sensitive touchscreens), creating a unique sonic PIN signature. This eliminates over-the-shoulder snooping and increases the effort and time required for brute force attacks even when the PIN is known. Big data has been influential in creating the digital world of today, yet a limit has been reached where vast amounts of data are now trapped in silos. Goldpac is attempting to change this with its homomorphic encryption demonstration. It allows disparate commercial entities to mutually share, query and interrogate encrypted data to discover new consumer insights. This advanced computational framework ensures that raw data is ever exposed yet offers massive potential for future business models. Finally, a selection of beautifully crafted card printing and finishing effects will be on display at the card wall. These designs illustrate just how under-utilised the surface of the payment card is as a prominent issuer branding element. Along with these crafted designs a selection of eco-friendly materials (coffee grinds, recycled PVC, and sawdust), metal, and digital cards (digital currency wallet and e-student card) will also be exhibited. Goldpac believes that its work today is instrumental to enabling the digital transformation to a future where financial services will become predominantly platform based. A future where Goldpac continues its contribution towards making transactions more secure and convenient for everyone. -End- About Goldpac Goldpac provides products and solutions that addresses the financial industry's diverse needs for secure, and easy to use payment solutions. These solutions cover user onboarding, personalization and payment device issuance systems, and self-service kiosks and desktop printers. Its operations cover a wide range of businesses and sectors from financial services, telecommunications, social security and healthcare, to transport, retail, mobile payment, identity, third-party payment platforms and other security services domains. Its mission is to promote the widespread adoption of secure payment technologies allowing people everywhere to benefit from the freedom of a safe and convenient payment experience. Find out more at www.goldpac.com.

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Global Business News
IAR Embedded Secure IP upgrades solutions portfolio with late-stage security

The new security solution from IAR allows embedded developers to easily add robust security to existing applications even at a late stage of the software development process and go straight into production. UPPSALA, Sweden, April 12, 2023 /PRNewswire/ -- IAR, the world leader in software and services for embedded development, is announcing the launch of IAR Embedded Secure IP, enabling developers to add embedded security to their firmware applications even at a late stage of the product life cycle. With IAR Embedded Secure IP, software managers, engineers, and project managers can rapidly upgrade their existing products with unique and flexible security at any point in the design, up to production and manufacturing. Customers can then choose from deploying the secured software themselves or initiate volume production with one of IAR´s approved partners, such as Hi-Lo Systems or EPS Global. As security legislation and security requirements are becoming stricter, embedded developers need the flexibility to add security features to their product's firmware application at any time of the product life cycle. With IAR Embedded Secure IP, customers using MCU-centric systems do not have to revert their software development process. Still, they can easily integrate embedded security in their firmware applications, even at a late stage. The solution uses data obfuscation to protect sensitive data and program encryption from concealing the executable application. IAR Embedded Secure IP also implements the latest standards for operational data protection with digital signatures and device keys and allows for dynamic and customer-specific key creation, injection, and provisioning. Leveraging unique device identities or features provides cloning protection and safeguards the customer's IP. IAR Embedded Secure IP encrypts developers' code and applications and transmits protected customer intellectual properties into the unique certificated device. IAR "Anti-cloning" generates unique identification for software applications and device hardware, which prevents counterfeits and over-production in manufacturing; "Active IP protection" ensures the security of customer intellectual properties such as applications, libraries, and other assets by providing encryption that guarantees safe device access. With IAR Embedded Secure IP, customers can implement security functions even in the late-stage development process. Aiming to provide the most user-friendly environment, IAR Embedded Secure IP is highly compatible with any 3rd party libraries and 3rd party secure boot management mechanisms. IAR delivers tiny and simplified code tools to easily integrate security functions even in small, low-cost devices with small memory footprints. After securing the software, customers can deploy it to devices themselves using hardware security modules (HSM) from IAR Embedded Security Solutions or initiate volume production with one of IAR´s approved partners, such as Hi-Lo Systems or EPS Global. "IAR Embedded Secure IP makes it effortless to incorporate security into products at any stage of their lifecycle," said Ada Lu, Senior Product Marketing Manager for Embedded Security Solutions at IAR. "With our tools for implementing late-stage security, customers stay flexible in their development processes and are prepared for future security requirements." For details on IAR Embedded Secure IP, please go to www.iar.com/eSecIP. More information about the IAR product portfolio for "Security Made Simple" is available atwww.iar.com/security. Contacts Hanna Laurentz, Head of Corporate Communications, IARTel: +46 18 16 78 00    E-mail:hanna.laurentz@iar.com  About IAR IAR provides world-leading software and services for embedded development, enabling companies worldwide to create secure and innovative products for today and tomorrow. Since 1983, IAR's solutions have ensured quality, security, reliability, and efficiency in developing over one million embedded applications for companies across industries such as industrial automation, IoT, automotive and medical. IAR supports 15,000 devices from over 200 semiconductor partners. The company is headquartered in Uppsala, Sweden, and has sales and support offices worldwide. IAR is owned by I.A.R. Systems Group AB, listed on NASDAQ OMX Stockholm, Mid Cap (ticker symbol: IAR B). Learn more at www.iar.com. Editor's Note: IAR, IAR Embedded Workbench, Embedded Trust, C-Trust, C-SPY, C-RUN, C-STAT, IAR Visual State, I-jet, I-jet Trace, IAR Academy, IAR, and the logotype of IAR are trademarks or registered trademarks owned by IAR Systems AB. All other product names are trademarks of their respective owners. The following files are available for download: https://mb.cision.com/Main/386/3749145/1978742.pdf IAR eSecIP PR_230412 https://news.cision.com/iar/i/esecip,c3165903 eSecIP    

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