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Sagtec Global Limited’s IPO Marks V Capital Consultancy Group’s Third Successful Nasdaq Listing Within a Year KUALA LUMPUR, Malaysia, March 07, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”) is pleased to announce the successful initial public offering (IPO) of its client, Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec”), facilitated through its capital market advisory arm, V Capital Consultancy Group Limited (“VCCG”, or the “Company”). Leveraging its expertise, VCCG guided Sagtec through the entire IPO process, resulting in its trading debut on March 7, 2025. The IPO raised US$7 million, resulting in a post-listing valuation of over US$50 million for Sagtec. As Sagtec’s IPO consultant, VCCG provided strategic guidance and collaborated with key professionals throughout the listing process. The IPO generated approximately US$5.7 million in revenue for the Company, highlighting VCCG’s growing presence in the IPO advisory space and its commitment to bringing more Southeast Asian companies to Nasdaq. Notably, this marks the third IPO successfully completed by VCCG within a year. Sagtec is a leading provider of customizable software solutions, primarily serving the Food and Beverage (F&B) sector. It also offers software development, data management and social media management to enhance its clients’ operational efficiency across various industries, including Key Opinion Leaders (KOLs). Through its subsidiary, CL Technology (International) Sdn Bhd, Sagtec operates power banks charging stations at 300 locations across Malaysia. As of today, Sagtec’s flagship product, Speed+, has surpassed 10,000 subscribers, reflecting approximately 47% growth in subscriptions. In 2024, Sagtec’s total unaudited revenue reached approximately US$11.63 million, representing an 82.29% increase from the previous year. “Listing on Nasdaq marks a pivotal milestone for Sagtec, showcasing our unwavering commitment to delivering cost-effective solutions to the industry. This IPO provides us with resources to scale our operations and expand into new markets. We are profoundly grateful to VCCG for their resolute support and strategic guidance throughout this journey,” said Kevin Ng, Chairman, Executive Director and Chief Executive Officer of Sagtec. “Sagtec’s IPO is more than just a significant breakthrough - it’s a testament to what can be achieved with the right strategy and partnership. At VCI Global, we are dedicated to helping more companies turn their ambitions into reality, leveraging our capital market expertise to create even more success stories on Nasdaq and beyond,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.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/. About VCI Global Limited VCI Global is a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy. With a strong presence in Asia, Europe, and the United States, VCI Global is committed to driving technological innovation, sustainable growth, and financial excellence across multiple industries. For more information on the Company, please log on to https://v-capital.co/. 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. CONTACT INFORMATION: For media queries, please contact: VCI GLOBAL LIMITED enquiries@v-capital.co
（生活中心／綜合報導）國科會今（8）日由蘇振綱副主任委員、奧義智慧科技吳明蔚共同創辦人、及教育部資訊及科技教育司邱仁杰副司長，攜手高中校長、女同學代表、學者及企業代表，共同為「2025 GiCS尋找資安女婕思」系列活動揭開序幕。女婕思競賽今年將邁入第5屆，新增機器人與晶片應用議題，緊扣科技發展趨勢，鼓勵女同學積極參與。競賽分為高中職及大專校院組，並分為「資安闖天關」及「創意發想賽」兩項賽事，即日起至3月底開放組隊報名，並預定於5月10日進行決賽。 圖／引新聞攝 蘇副主委在致詞中表示，女婕思既是「Girls in Cybersecurity」 亦可為「Girls in Creative Society」，鼓勵女婕思開展創新、整合的能力。今年延續過往資訊安全競賽主軸，並擴展至更具創意與多元應用的領域，例如：晶片、機器人、無人機甚至是太空領域，希望透過競賽啟發同學們學習的熱情，發想生活中可能產生的資安需求問題。 蘇副主委提到，這項活動還提供了媒合同學們到企業實習的機會，讓同學在畢業前可更加了解自身興趣所在、提升自信，並提前佈局未來職場。 圖／引新聞攝 人才向下扎根，跨界跨域合作是國科會培育人才的原則。蘇副主委現場特別感謝協助活動的師長及企業夥伴們，讓「女婕思」成為促進女性人才永續力的正向活動。國科會將建構晶片臺灣隊，打造安全且具韌性的供應鏈：在國際上，臺灣要成為民主供應鏈要角，人才政策配套為關鍵環節。「女婕思」活動目標培育包括非理工領域在內的女性科技人才，打破既有的思考框架，結合女性特有的細膩思維，以跨界跨域的養成，創造臺灣的多元韌性。更希望活動的精神能持續擴散，號召各界共同為臺灣培育更多優秀的女性科技人才。 圖／引新聞攝 國科會自110年開始持續舉辦「尋找資安女婕思」活動，今年已邁入第5屆，邀請來自全臺各地的女高中生及大學生報名參加，活動詳細內容及報名資訊同步公告於活動網站（https://gics.tw/），歡迎踴躍報名。
SUZHOU, China, March 7, 2025 /PRNewswire/ -- On 4 March, a research team led by Professor Jintai Ding, Dean of the School of Mathematics and Physics at Xi'an Jiaotong-Liverpool University (XJTLU), set a new code-breaking world record for the Lattice Shortest Vector Problem (SVP) in the International Open Darmstadt SVP Challenge. This marks a significant achievement in strengthening cybersecurity in the age of quantum computing. Professor Jintai Ding The rapid advancement of quantum computing technology poses a serious threat to the current encryption methods used for e-commerce, telecommunications and digital signatures. Finding alternative encryption solutions has, therefore, become a global priority. Lattice SVP-based cryptography has been identified as a promising next-generation cryptographic standard capable of safeguarding sensitive data from quantum computer attacks. To address vulnerabilities in cryptographic standards, the cryptography community established the global SVP challenge in 2010, attracting leading mathematicians and computer scientists worldwide to explore the limits of lattice SVP. Professor Ding says: "From a research perspective, our new record for solving the problem enhances our understanding of lattice-based cryptography's security foundations, providing empirical evidence to inform future post-quantum cryptographic standards." "In practical terms, it helps security experts more accurately assess the boundaries of existing cryptographic systems and guide the development of secure digital infrastructure." "The security of lattice-based cryptography fundamentally depends on the computational difficulty of solving the SVP," explains Professor Ding. "The problem's difficulty can be increased by raising the number of dimensions of the lattice. The more dimensions there are, the harder it becomes to solve, thereby enhancing the system's security." With the new record, Professor Ding's team has successfully solved the SVP for 200 dimensions, the highest dimension currently supported for submission on the SVP Challenge website. "Each additional 10 dimensions increases the computational difficulty by roughly an order of magnitude," says Professor Ding. "A decade ago, the record stood at about 130 dimensions and reaching 200 dimensions seemed almost impossible. Yet today, we've solved it with relatively modest academic computing resources. This represents not only technological progress but also a triumph of human ingenuity." Professor Ding notes that current cryptographic standards would become vulnerable if SVP problems of around 400 dimensions could be solved, potentially compromising global digital infrastructure. He says: "Solving the 200-dimensional SVP problem not only showcases XJTLU's research strength at the forefront of cryptography but also provides important references for global lattice-based cryptographic security research."
TAIPEI, March 7, 2025 /PRNewswire/ -- AEWIN is excited to display the BAS-6101A, a high-density edge computing server powered by a single AMD Zen5/Zen4c/Zen4 EPYC processor, at DFI's booth at Embedded World 2025. Designed for real-time and compute-intensive edge applications, the BAS-6101A delivers exceptional processing power, high-capacity memory, and extensive expandability to support GPU, FPGA, and cryptographic accelerators. Edge AI Server powered by AMD Zen5/Zen4c/Zen4 EPYC processor The BAS-6101A supports the latest AMD Turin CPU with up to 128 cores to enable the extreme computing power pursued in the market. It provides 24x DDR5 memory slots with 2 DIMMs per channel supporting up to 6TB capacity for high-speed data processing and excellent scalability. For advanced expandability, the system offers 8x standard PCIe Gen5 slots and 1x OCP 3.0 slot with optional dual-width slot to support FHFL GPU cards for AI workloads. With a short-depth 600mm design, the BAS-6101A is optimized for edge deployment for diverse Edge AI applications. AEWIN's crypto acceleration cards (QAT cards, e.g., OT018, OT019, OT020) unlock high-performance encryption and decryption acceleration. Supporting a broad range of security protocols and cryptographic algorithms, including SSL/TLS, IPSec, DTLS, AES, RSA, and SHA-256 for robust data security. Additionally, high-bandwidth networking is achievable through AEWIN-designed or off-the-shelf network interface cards, making the system an ideal AI-powered cybersecurity solution where high throughput and AI-driven threat detection are critical. The BAS-6101A is compatible with off-the-shelf PCIe Gen5 expansion cards for high-speed networking and scalable functionality. AEWIN also offers a variety of customizable NICs, allowing customers to build tailored configurations to meet specific application requirements. Do not hesitate to learn more about AEWIN's platforms with rich features at DFI's booth at Embedded World 2025 or contact AEWIN sales at any time! BAS-6101A: 2U High-Density Edge Computing Server with single AMD EPYC 9005/9004 (Turin/Bergamo/Genoa) processor, total 8x PCIe Gen5 slots (2x dual width FHFL PCIe x16 or 4x single width FHFL x16, 2x single width FHHL PCIe x16, 2x HHHL PCIe x8) + 1x OCP 3.0 slot for NICs and Accelerators. AEWIN website: www.aewin.com
London, United Kingdom - Newsfile Corp. - March 6, 2025 - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") is responding to recent misleading and uninformed online speculation that has caused unnecessary confusion among investors. The blog post in question relies on innuendo and vague insinuations rather than facts. Notably, the author made no attempt to verify their claims with the Company before publication. Gorilla remains fully transparent in its operations, regularly disclosing financial and business updates, and stands by its strong fundamentals, growing contract backlog, and clear strategic direction. "If you want to understand Gorilla, read our research coverage by analysts from Alliance Global Partners and Northland Capital," said Jay Chandan, Chairman and CEO of Gorilla. "These seasoned professionals have decades of Wall Street experience and have conducted rigorous due diligence on our company. Both analysts have put buy ratings on Gorilla. By contrast, a self-published blogger is not a credible source of analysis." Gorilla reiterates key facts about its business that have been previously disclosed: In August 2024, the Company collected on the majority of its Accounts Receivable, with the receipts reviewed by Gorilla's auditors as part of the preparation for the 1H 2024 financial statements. Gorilla's auditor, Marcum Asia, is part of Marcum LLP, a nationally recognized top accounting firm (#13 in US), further reinforcing the integrity and credibility of the Company's financial reporting. Over the past five years, Gorilla has strategically evolved into a leading provider of AI-driven Smart City solutions, with a strong emphasis on security convergence and the Internet of Things (IoT). The Company has consistently communicated this transition to the market, along with transparent disclosures on the details of its ongoing projects. Gorilla reports a backlog of signed contracts that are either in progress or scheduled for delivery. The Company's backlog stands at $93 million for 2025, and Gorilla reiterates its revenue guidance of $90-100 million for this year. The Company's pipeline increased from $2 billion to $6 billion within months, driven by new projects and the progression of projects into qualified leads. On March 3, 2025, Gorilla announced the signing of a $1.8 billion MoU to modernize Thailand's electricity grid, demonstrating the Company's ability to successfully advance and convert opportunities within its pipeline. The Company has announced that it will achieve full Sarbanes-Oxley compliance for 2024, two years ahead of the deadline for Emerging Growth Companies. Mr. Bower assumed the role of CFO in 2024 following an orderly transition from the previous CFO and has the full confidence of the Board. The Company will release its Full Year 2024 financial results on March 31, 2025, and will file its 20-F report with the US Securities and Exchange Commission on April 15, 2025. About Gorilla Technology Group Inc. Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents. For more information, please visit our website: Gorilla-Technology.com. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about our ability to execute definitive agreements related to this smart education project, attract the attention of customers and win additional projects, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the "SEC") on May 15, 2024 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation. Investor Relations Contact: Dave Gentry RedChip Companies, Inc. 1-407-644-4256 GRRR@redchip.com The issuer is solely responsible for the content of this announcement.
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