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All three entries received Muse Creative Award 'Platinum Winner' status TAIPEI, May 4, 2023 /PRNewswire/ -- Optoma, the world's number one 4K UHD and DLP® 1000+ lumens projection brand, today announces that it has garnered three 2023 Muse Creative Awards in the 'Experiential and Immersive' category. All three entries received the MUSE Creative Award "Platinum Winners' status, the highest honours of the program. The winners include the Lucid Dreaming digital art installation, the Optoma 5G Mobile Projection Vehicle, and the Restart digital art installation. The Lucid Dreaming digital art installation in Taipei. "We are absolutely thrilled and honoured to be recognised with three MUSE Creative Awards, let alone three Platinum ones," said Jeffery Chen, head of Optoma's New Media Integration team. "Projection has come a long way as a technology limited to meeting rooms and high-end home theatres, and has undeniably become an important medium for artists and others to showcase their creativity and messages to a wider audience, whether at museums or commercial venues." Hosted by the International Awards Associate (IAA), the award program receives over 6,300 entries from across the globe annually, proving themselves to be a leading award program that honours outstanding creativity, design, and ingenuity. This year, fifty-one experts from various creative disciplines were selected as jurors. Their ranks included highly respected experts from advertising, graphic design, interior design, and architecture to name a few. The award program consists of two awards, the MUSE Design Awards and MUSE Creative Awards. Each award is further subdivided into three grades, Platinum, Gold, or Silver, with Platinum being the highest tier. "While the winners continue to reshape and redefine the industries with their continued display of excellence, we should not shy away from the challenge and instead share the vision in solidarity with them," said Thomas Brandt, spokesperson for IAA. "IAA remains proud to be able to honour talented individuals while spotlighting their excellence. As they continue to mark the path forward, we should also unleash our boundless possibilities and join in this marvellous endeavour." The Optoma winners include: Lucid Dreaming Digital Art Installation The Lucid Dreaming digital art installation was constructed at the Wind Livehouse in Hsinchu Park in 2021, where Optoma and AMUS Art Tech Studio used projection technology to create an interactive and immersive light and shadow artistic experience inside the venue. The art installation used a theatre scrim in the shape of a vortex for the projection display. Bionic sensor technology, using lines, particles, and air, created an immersive 'City of Wind' experience for visitors. Visitors entered the core of the dream vortex and followed the sound of the wind to the destination, a mystic, shallow stone bowl for storing memories, called a Dream Container, representing the core of human subconsciousness. Learn more here. 5G Mobile Projection Vehicle The '2021 Light Coming' lantern festival was held from October 22 to 31, 2021 in Hsinchu, Taiwan. and employed light sculptures, music, and art to transform the city's historic sites into outdoor artworks. Artists from around the world were invited to participate, and an urban lantern show was jointly presented. Optoma presented something unique and special that combined cutting-edge technology with artistry to attract visitors. The immersive 5G mobile projection vehicles were built within six months by the Optoma New Media Integration team. The vehicles allowed visitors to follow projections during the festival to explore the streets of Hsinchu and experience different levels of interactive content and performances. Optoma had to overcome technical challenges and vehicle considerations to enable the projectors to move freely and mingle with spectators. Learn more here. Restart Digital Art Installation Cutting-edge projection technology met immersive art at the '2023 Taiwan Lantern Festival.' After a 23-year hiatus, the lantern festival returned to Taipei, which included Restart, a digital showcase that fused projection technology with digital art. Optoma collaborated with AMUS Art Tech, an innovator of digital art in Taiwan, at the 'Light Up the Future' display zone in the heart of Taipei City. In the past few years, the world has been in the throes of the worst pandemic in recent memory. Fear, uncertainty, and darkness have pervaded the world with seemingly no end in sight. In this collaboration between Optoma and AMUS Art Tech, Restart celebrated the end of a dark chapter in human history and the return of hope. Learn more here. About Optoma Established in 2000, Optoma is a visual solutions provider that serves enterprise, education, consumer, retail, and large-venue markets. Its products combine superior image processing technologies with exceptional engineering and innovation to deliver stunning crystal-clear images with ultimate reliability. In addition to a full lineup of projectors, including 4K UHD, Portable, and Laser, Optoma also offers Interactive Flat Panel Displays, Professional Displays, AIO LED displays, and Large Venue projectors. Powered by OSS Optoma Solution Suite and OMS display management solution, they provide customers and users with innovative ways to connect, share and collaborate. Optoma has regional headquarters in Asia, EMEA, and the Americas. Learn more at www.optoma.com
TAIPEI, May 3, 2023 /PRNewswire/ -- Vpon Big Data Group (Vpon), the leading big data company in Asia, has successfully developed the AI visual generative system "InVnity", utilizing AI and big data to generate and optimize advertising design and delivery. The system is 10 times more efficient than the design workflow in the past, with the precise design requirements and keywords, the AI system will automatically generate high-quality advertising visuals with various creative to choose from. Then, "InVnity" would identify tags such as age, location, and behavior of the target audience to match the most relevant advertisement for each individual, and continuously monitors, evaluates and optimizes the effectiveness of the advertisement in real-time. The first client to use the revolutionary AI creative system is the Hong Kong-based soft drinks brand Mezzanine Makers. Through "InVnity", a series of AI-powered advertisements were created, and the innovative collaboration campaign has already launched. 'InVnity' can generate styles of ads based on the keywords and requirements. The image shows three completely different design produced with 'InVnity' around different keywords. 10x More Efficient, Breakthrough the Boundaries of Reality As Asia's leading big data expert, Vpon reaches over 900 million mobile devices every month, holds a vast amount of mobile device data, and possesses high-quality media resources in the Asia-Pacific region. Recently, Vpon has successfully developed the AI visual generative system "InVnity". With "InVnity", when the creators input the requirements and keywords based on their understanding of the target audiences, the system will autonomously generate an abundant of high-quality advertisements. This process is up to 10 times more efficient than the visual generating process in the past, allowing designers to explore more possibilities with a few clicks. From realistic painting and comic styles to portraits and scenery photographs, "InVnity" is capable of generating a diversified artistic style in response to the prompts. However, the true power of "InVnity" is beyond reality. Creators can envision their products in surreal setting in just a split second, such as historical and futuristic scenery, which would require a large amount of production cost and resources in real life. The 'Dreambooth' function of 'InVnity' allows products to appear in any scene from past, present, or future, bringing unlimited possibilities. AI-powered Analytics, Reaching the Full Potential Vpon's AI visual generative system "InVnity" has been adopted by Mezzanine Makers, a Hong Kong-based boutique soft drink brand, as its first user. Vpon's professional team created a series of advertising visuals with "InVnity" tailored for the target audiences of Mezzanine Makers. The system's AI capabilities allow it to learn from real-time advertising results and continuously optimize the visual material based on big data analysis. Fanko Yim, Global Solutions Director of Vpon Big Data Group, stated that "Mezzanine Makers has a diversified targeting group. Making good use of AI technologies like 'InVnity' allows Vpon to quickly provide a range of advertising designs for our clients in a relatively cost-effective way. To overcoming the pain points of designers and the limitation of resources, we specifically designed the 'dreambooth' function in "InVnity", which can generate quality designs using our client's product photos as the main subject. Creators then can quickly modify details partially such as background and clothing with the 'inpainting' function, for a highly flexible advertising design experience." Different from other AI visual generator tool in the market, the 'inpainting' function of “InVnity” allows designers to make partial modifications to details such as background and clothing. Arthur Chan, Chief Operating Officer of Vpon Big Data Group, believes that integrating AI and big data will drive significant breakthroughs in the advertising industry. "Artificial intelligence is changing the world rapidly. We can foresee that AI would be found at every corner of business activities very soon," he explains. "Therefore, Vpon will not cease our AI innovation. 'InVnity' will keep on learning and improving from our database, while simultaneously collecting visual-based data with the new technology, further our understanding of the audiences." The ultimate goal of Vpon's leading AI technology team is to leverage "InVnity" to deliver cost-effective, hyper-personalised, and innovative advertising designs to individual brand audiences, ensuring that each potential customer receives a brand message that resonates with them on a deeper level. InVnity can generate an array of design responding to the prompts, enhance the efficiency significantly. Adrian Ng, the co-founder of Mezzanine Makers, expressed his excitement at the brand's ability to reach the public in a new and unique way. "As a Hong Kong-based brand, Mezzanine Makers has always drawn inspiration from old Hong Kong in its designs. The unique styles of these AI-powered advertisement by Vpon perfectly aligns with our innovative brand image. As an independent boutique soft drink brand, we may not have the resources to always ensure the effectiveness of our advertisements, meaning we could potentially miss out when a change of visual or strategy is needed. However, with the "InVnity" AI system, the advertising performances are analyzed autonomously for real-time optimization of the strategy and visuals, ensuring the advertisement are amplifying our brand message, none of our resources would go wasted." For Vpon, "InVnity" is merely the starting point of the company's AI development. They will continue to enhance the system's capability and user's journey, take advantage of their big data expertise to tailor to the needs of the brands, surpassing other AI generator currently available on the market. With a focus on innovative technologies, Vpon is striving to revolutionize the advertising industry and break through existing limitations. Visual materials: https://drive.google.com/drive/folders/1EJd4kZ4RpeGcMdX73H0-SfdIZWEo6BpR?usp=share_link About Vpon Big Data Group Vpon Big Data Group, a leading big data company focused on data analytics built with cutting-edge technologies to provide clients with the broadest set of mobile data across Asia in delivering effective mobile data-driven marketing solutions. Supported by the accumulation of massive data from 900 million mobile devices and strategic partnership with premium media resources across APAC, Vpon provides clients with customized data-centric marketing solutions, including data analytics services, brand awareness, performance-driven and cross border marketing solutions. Vpon Taiwan has obtained ISO 27001 (Information Security Management) and ISO 27701 (Privacy Information Management) Certification from British Standard Institution (BSI), becoming the first big data company to attain both certifications and setting an exciting milestone for the data industry.
ZUG, Switerland, May 3, 2023 /PRNewswire/ -- SHL Medical, a world-leading provider of advanced drug delivery solutions, announced that it has signed a collaboration agreement with MoonLake Immunotherapeutics, a clinical-stage biotechnology company focused on creating next-level therapies for inflammatory diseases, to develop an autoinjector for clinical and potential commercial supply of MoonLake's Nanobody® sonelokimab based on SHL Medical's Molly® autoinjector technology. SHL Medical to develop Molly® autoinjector for MoonLake Immunotherapeutics’ sonelokimab Sonelokimab is MoonLake Immunotherapeutics' investigational anti-IL-17 A/F Nanobody technology designed to more directly target sites of inflammation and penetrate difficult-to-reach inflamed tissues and joints. A ~40 kDa molecule, sonelokimab can be delivered subcutaneously by patients via self-injection devices, including in a patient-centric autoinjector format. Sonelokimab is currently in clinical development for several indications, including moderate-to-severe plaque-type psoriasis and hidradenitis suppurativa, a severely debilitating chronic skin condition resulting in irreversible tissue destruction. The Molly autoinjector is a market-proven modular platform technology developed to help pharmaceutical and biotechnology companies reduce initial investments and expedite development timelines. The maturity of the Molly platform has made it a trusted drug delivery device solution, particularly for innovative biotechnology companies seeking to lower the risks for their autoinjector projects. Refined over the years through SHL Medical's team of experts and industry-leading efforts, the Molly technology is also indicative of how modularity built upon an established platform can enable efficient, scalable production geared towards the end goal of enabling patients' independence. To date, a total of 17 combination products that leverage the Molly autoinjector technology have been approved in at least 69 countries, enabling home treatment in a wide range of therapeutic areas that require injectable medicines, including for dermatologic and inflammatory indications. Under the scope of the agreement, SHL Medical will provide its device development expertise, assembly guidance, and production competencies to support the sonelokimab drug-device project. The collaboration highlights SHL Medical's capabilities as a fully integrated, end-to-end solutions provider offering added value for its pharmaceutical and biotechnology partner's autoinjector projects, from robust device solutions to production and after-market needs. "SHL Medical and MoonLake are united by our shared passion for pursuing innovation and going beyond to deliver novel therapies that help unlock value and improve patients' lives," said SHL Medical Chief Executive Officer Ulrich Faessler. "Working with MoonLake while sonelokimab is in development allows us to carry out strategies that best complement MoonLake's clinical and commercial needs. We are excited about the collaboration and look forward to potentially bringing the innovative Nanobody technology for dermatologic and rheumatic inflammatory indications to patients worldwide." Oliver Daltrop, Chief Technical Officer of MoonLake Immunotherapeutics, added: "MoonLake is proud to be partnering with a world leader in advanced autoinjector development to provide sonelokimab for clinical and potentially commercial supply. As we actively plan for a Phase 3 program and commercial readiness, SHL's expertise will greatly enhance our ability to introduce sonelokimab in an autoinjector format that could provide a benefit for patients, if approved." Note: Nanobody® and Nanobodies® are (registered) trademarks of Ablynx, a Sanofi company. About SHL Medical SHL Medical is a world-leading solutions provider in the design, development, and manufacturing of advanced delivery devices such as autoinjectors, pen injectors, and innovative specialty delivery systems for large-volume and high-viscosity formulations. It offers final assembly, labeling, and packaging solutions for its drug delivery devices, and also provides contract manufacturing and engineering services for the production of complex medtech and industrial products. With locations in Switzerland, Taiwan, Sweden, and the US, SHL Medical's experienced designers and engineers develop product enhancements and breakthrough drug delivery solutions for pharma and biotech clients globally. Significant investments in R&D have enhanced its broad pipeline of next-generation drug delivery systems that support ongoing innovations in drug development and digital healthcare. This includes advanced reusable and disposable injectors that can accommodate large-volume and high-viscosity formulations and can be enhanced through digital implementations. For additional information, visit https://www.shl-medical.com/. About MoonLake Immunotherapeutics MoonLake Immunotherapeutics is a clinical-stage biopharmaceutical company unlocking the potential of sonelokimab, a novel investigational Nanobody® technology for the treatment of inflammatory disease, to revolutionize outcomes for patients. Sonelokimab inhibits IL-17A and IL-17F by inhibiting the IL-17A/A, IL-17A/F, and IL-17F/F dimers that drive inflammation. The company's focus is on inflammatory diseases with a major unmet need, including hidradenitis suppurativa and psoriatic arthritis – conditions affecting millions of people worldwide with a large need for improved treatment options. MoonLake was founded in 2021 and is headquartered in Zug, Switzerland. Further information is available at www.moonlaketx.com. Media contact Carl GillbladCorporate Communicationsinfo@shl-medical.com+41 41 368 00 00
TAIPEI, May 3, 2023 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced its first quarter 2023 unaudited financial results. Comments from Management For the first quarter of 2023, GigaMedia reported revenues of $1.33 million with a gross profit of $0.79 million, an operating loss of $0.70 million and the net loss of $0.31 million. If compared to the previous quarter, the revenues increased by 20.2% and gross profit increased by 26.5%, exhibiting not only the seasonality arising from the new year and students' winter vacation, but also our efforts in streamlining the workforce and improving the operating cost structure. Now with a slimmer team in place, for 2023 we plan to continue our exploration of digital entertainment to further develop and promote our own products and services. First Quarter Overview Operating revenues increased by 20.2% in quarter-on-quarter comparison but decreased by 14.3% year-over-year. Loss from operations slightly increased to $0.70 million from $0.68 million last quarter, and net loss was $0.31 million from net income $0.35 million last quarter mainly due to the fluctuation in foreign exchange and certain year-end evaluation in the previous quarter. Unaudited Consolidated Financial Results GigaMedia Limited is a diversified provider of digital entertainment services. GigaMedia's digital entertainment service business FunTown develops and operates a suite of digital entertainments in Taiwan and Hong Kong, with focus on mobile games and casual games. Unaudited consolidated results of GigaMedia are summarized in the table below. For the First Quarter GIGAMEDIA 1Q23 UNAUDITED CONSOLIDATED FINANCIAL RESULTS (unaudited, all figures in US$ thousands, except per share amounts) 1Q23 4Q22 Change(%) 1Q23 1Q22 Change(%) Revenues 1,325 1,102 20.2 % 1,325 1,546 (14.3 ) % Gross Profit 792 626 26.5 % 792 901 (12.1 ) % Loss from Operations (698 ) (675 ) NM (698 ) (828 ) NM Net Income (Loss) Attributable to GigaMedia (313 ) 347 NM (313 ) (1,099 ) NM Net Income (Loss) Per Share Attributable to GigaMedia, Diluted (0.03 ) 0.03 NM (0.03 ) (0.10 ) NM EBITDA (A) (704 ) 13 NM (704 ) (1,154 ) NM Cash, Cash Equivalents and Restricted Cash 38,119 39,107 (2.5 ) % 38,119 40,534 (6.0 ) % NM= Not Meaningful (A) EBITDA (earnings before interest, taxes, depreciation, and amortization) is provided as a supplement to results provided in accordance with U.S. generally accepted accounting principles ("GAAP"). (See, "Use of Non-GAAP Measures," for more details.) First-Quarter Financial Results Consolidated revenues for the first quarter of 2023 increased by 20.2% quarter-on-quarter to $1.3 million, from $1.1 million in the fourth quarter of 2022, but decreased by 14.3% year-over-year from $1.5 million in the first quarter of 2022. Consolidated gross profit increased to $0.8 million from $0.6 million in last quarter and decreased by 12.1% from $0.9 million in the same quarter last year. Consolidated operating expenses were $1.5 million in the first quarter of 2023, approximately increased by 14.6% when compared to prior quarter. Net loss for the first quarter of 2023 was $0.3 million, which was an increase of loss from an income of $0.3 million last quarter, but a decrease from a loss of $1.1 million in the same quarter last year. Cash, cash equivalents and restricted cash at the first quarter-end of 2023 amounted to $38.1 million, decreased by approximately $1.0 million from $39.1 million at the fourth quarter-end of 2022. Financial Position GigaMedia maintained its solid financial position, with cash, cash equivalents and restricted cash amounting to $38.1 million, or approximately $3.45 per share as of March 31, 2023. Business Outlook The following forward-looking statements reflect GigaMedia's expectations as of May 3, 2023. Given potential changes in economic conditions and consumer spending, the evolving nature of digital entertainments, and various other risk factors, including those discussed in the Company's 2022 Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission as referenced below, actual results may differ materially. "As life is gradually returning to a post-COVID normal routine," said GigaMedia CEO James Huang, "we are optimistic for the rebounding of consumer confidence and therefore digital entertainment spendings." And as always, we will be pursuing sustainable growth and healthy margin by improving our existing products while developing and promoting new offerings in effective ways. Meanwhile, our business strategies always include expanding through mergers and acquisitions. We will keep looking for investment opportunities that have strategic capacity to accelerate our growth and enhance shareholders' value. Use of Non-GAAP Measures To supplement GigaMedia's consolidated financial statements presented in accordance with U.S. GAAP, the company uses the following measure defined as non-GAAP by the SEC: EBITDA. Management believes that EBITDA (earnings before interest, taxes, depreciation, and amortization) is a useful supplemental measure of performance because it excludes certain non-cash items such as depreciation and amortization and that EBITDA is a measure of performance used by some investors, equity analysts and others to make informed investment decisions. EBITDA is not a recognized earnings measure under GAAP and does not have a standardized meaning. Non-GAAP measures such as EBITDA should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, other financial measures prepared in accordance with GAAP. A limitation of using EBITDA is that it does not include all items that impact the company's net income for the period. Reconciliations to the GAAP equivalents of the non-GAAP financial measures are provided on the attached unaudited financial statements. About the Numbers in This Release Quarterly results All quarterly results referred to in the text, tables and attachments to this release are unaudited. The financial statements from which the financial results reported in this press release are derived have been prepared in accordance with U.S. GAAP, unless otherwise noted as "non-GAAP," and are presented in U.S. dollars. Q&A For Q&A regarding the first quarter 2023 performance upon the release, investors may send the questions via email to IR@gigamedia.com.tw, and the responses will be replied individually. About GigaMedia Headquartered in Taipei, Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is a diversified provider of digital entertainment services. GigaMedia's digital entertainment service business develops and operates a suite of digital entertainments in Taiwan and Hong Kong, with focus on browser/mobile games and casual games. More information on GigaMedia can be obtained from www.gigamedia.com. The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding expected financial performance (as described without limitation in the "Business Outlook" section and in quotations from management in this press release) and GigaMedia's strategic and operational plans. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, including but not limited to, our ability to license, develop or acquire additional online games that are appealing to users, our ability to retain existing online game players and attract new players, and our ability to launch online games in a timely manner and pursuant to our anticipated schedule. Further information on risks or other factors that could cause results to differ is detailed in GigaMedia's Annual Report on Form 20-F filed in April 2023 and its other filings with the United States Securities and Exchange Commission. GIGAMEDIA LIMITEDCONSOLIDATED STATEMENTS OF OPERATIONS Three months ended 3/31/2023 12/31/2022 3/31/2022 unaudited unaudited unaudited USD USD USD Operating revenues Digital entertainment service revenues 1,325,352 1,101,507 1,545,575 1,325,352 1,101,507 1,545,575 Operating costs Cost of digital entertainment service revenues 533,136 475,714 644,369 533,136 475,714 644,369 Gross profit 792,216 625,793 901,206 Operating expenses Product development and engineering expenses 178,192 163,043 322,438 Selling and marketing expenses 431,089 406,749 435,205 General and administrative expenses 879,655 730,850 971,101 Other 1,082 (245 ) 226 1,490,018 1,300,397 1,728,970 Loss from operations (697,802 ) (674,604 ) (827,764 ) Non-operating income (expense) Interest income 404,550 343,762 62,835 Foreign exchange (loss) gain - net (826 ) 413,529 (339,131 ) Changes in the fair value of an instrument recognized at fair value (18,729 ) 227,384 — Other-net 107 37,289 4,922 385,102 1,021,964 (271,374 ) Income (loss) from continuing operations before income taxes (312,700 ) 347,360 (1,099,138 ) Income tax expense — (263 ) — Net income (loss) attributable to shareholders of GigaMedia (312,700 ) 347,097 (1,099,138 ) Earnings (loss) per share attributable to GigaMedia Basic: Earnings (loss) from continuing operations (0.03 ) 0.03 (0.10 ) Diluted: Earnings (loss) from continuing operations (0.03 ) 0.03 (0.10 ) Weighted average shares outstanding: Basic 11,052,235 11,052,235 11,052,235 Diluted 11,052,235 11,052,235 11,052,235 GIGAMEDIA LIMITEDCONSOLIDATED BALANCE SHEETS 3/31/2023 12/31/2022 3/31/2022 unaudited audited unaudited USD USD USD Assets Current assets Cash and cash equivalents 37,806,540 38,794,467 40,221,362 Marketable securities-current 7,950,000 7,950,000 — Accounts receivable - net 154,890 199,109 245,742 Prepaid expenses 368,322 60,059 728,280 Restricted cash 312,739 312,823 312,772 Other receivables 766,871 374,025 21,143 Other current assets 122,895 135,624 151,560 Total current assets 47,482,257 47,826,107 41,680,859 Marketable securities - noncurrent 2,371,000 2,371,000 10,322,000 Property, plant & equipment - net 146,094 102,729 79,266 Intangible assets - net 16,537 19,421 9,166 Prepaid licensing and royalty fees 140,850 176,530 299,117 Other assets 1,546,465 1,640,443 2,322,368 Total assets 51,703,203 52,136,230 54,712,776 Liabilities and equity Accounts payable 78,604 52,660 47,916 Accrued compensation 133,645 186,984 188,353 Accrued expenses 878,269 964,203 1,436,606 Unearned revenue 871,981 817,446 890,395 Other current liabilities 636,631 616,151 820,580 Total current liabilities 2,599,130 2,637,444 3,383,850 Other liabilities 793,946 893,174 1,262,455 Total liabilities 3,393,076 3,530,618 4,646,305 Total equity 48,310,127 48,605,612 50,066,471 Total liabilities and equity 51,703,203 52,136,230 54,712,776 GIGAMEDIA LIMITEDReconciliations of Non-GAAP Results of Operations Three months ended 3/31/2023 12/31/2022 3/31/2022 unaudited unaudited unaudited USD USD USD Reconciliation of Net Income (Loss) to EBITDA Net income (loss) attributable to GigaMedia (312,700 ) 347,097 (1,099,138 ) Depreciation 10,326 6,998 5,764 Amortization 3,054 2,803 2,239 Interest income (404,550 ) (343,762 ) (62,835 ) Interest expense — — — Income tax expense — 263 — EBITDA (703,870 ) 13,399 (1,153,970 )
4 Co-locating Shows Create Powerful Synergy and Unmatched Business Opportunities HONG KONG, May 3, 2023 /PRNewswire/ -- Returning from 10 – 12 May 2023 at the Hong Kong Convention and Exhibition Centre (HKCEC), HOFEX, ProWine Hong Kong @HOFEX, Retail Asia Conference & Expo and Build4Asia will send the biggest welcome to global business traders by presenting unparalleled sourcing, trading and networking opportunities across industries. As the leading B2B sourcing platform for the F&B, hospitality, retail and building industries in Hong Kong, the co-locating shows will reconnect exhibitors and visitors from Mainland China, Asia-Pacific and afar, offering a myriad of inspiring events and industry updates to deliver an epic B2B sourcing experience. "As global tourism gradually recovers, the 4 shows will expand in scale and international presence to capture post-pandemic business opportunities. We are very proud to say that our shows play an exceptionally vital role in reconnecting businesses and industries; as seen in the extensive support from the government and industry members, as well as the strong commitment of global trade organisations and exhibitors." said Mr David Bondi, Senior Vice President, Asia, Informa Markets – Organiser of HOFEX, ProWine Hong Kong @HOFEX, Retail Asia Conference & Expo and Build4Asia. The four shows' joint opening ceremony will take place on 10 May 2023, which be officiated by the Honourable Paul Chan Mo-Po, GBM, GBS, MH, JP, Financial Secretary, The Government of the Hong Kong Special Administrative Region. Key industry stakeholders including InvestHK, Hong Kong Tourism Board, Hong Kong Hotels Association and more will also witness the opening of this grand industry occasion. Embark on a Multi-sensory Culinary Adventure Remarking 36 years of excellence, HOFEX – Asia's Leading Food & Hospitality Tradeshow is a global sourcing powerhouse bringing top-notch F&B products and solutions from around the world to energise the Asia market. Spanning across Hall 1 and 3 of the HKCEC, the expo will play host to 25,000+ trade buyers and 1,200+ exhibiting brands including national and regional pavilions from China, Denmark, Italy, Macao, Malaysia, Korea, Poland, Thailand, UK, USA and more. From Bakery & Confectionery, Specialty Coffee & Tea, Food & Drinks, Foodservice Equipment & Catering Supplies, Tableware & Hospitality Supplies to Hospitality Technology & Design, HOFEX presents the most comprehensive selection of products and solutions to cater to the needs of all F&B traders. An array of competitions, forums and award ceremonies will also take place during the show, turning the exhibition halls into a breeding ground of pioneer trends and ideas. As the flagship event of HOFEX, the Hong Kong International Culinary Classic (HKICC) will see more than 300 talented chefs, cooks, pastry chefs and apprentices from across 7 countries and regions to display cooking skills and share culinary expertise. This year, the contest will include Bread Showpiece, Croissants & Danish and Dim Sum Platter as new categories to stir up interests and allow the demonstration of more specialised culinary skills. Another highlight will be the Hong Kong Professional Mixologist Challenge 2023, which is open to bartenders in hotels, bars, restaurants, clubs and institutions in Hong Kong, Macau and Taiwan to recognise the professionalism of regional bartenders. GHM Hotel Industry Development Leaders Summit & GHM "Golden Pearl Award" Award Ceremony is a brand-new event where top management from eminent hotel groups convene to explore opportunities and roles of hotel and F&B industry in the Greater Bay Area, as well as to celebrate the excellence and dedication of industry professionals. Uncork Asia's Wine Business Opportunities ProWine Hong Kong @HOFEX — the international trade fair for wines and spirits will showcase premium wines & spirits, professional wine equipment and accessories from around the world in Hall 3F-G. Under the support of national trade organisations, a myriad of international companies will join in cluster as country pavilions, including Wines of Germany by Federal Ministry of Food and Agriculture (BMEL) and French Pavilion by Business France, each presenting the country's very best wines & spirits to hold on to connoisseurs' taste buds. The industry's favourite ProWine Hong Kong Wine Forum will be held 3 days in a row to present wine tasting techniques and bubbling wines trends covering Haute Couture Champagne, Prosecco, Spanish Sherries, Chinese Baijiu, etc. Sought-after speakers include the acclaimed sommelier Reeze Choi, Asia's first Master of Wine, Debra Meiburg MW, renowned wine & spirits educators, Jennie Mack and Eddie Nara, to name a few. Get Ahead in the New Retail Landscape Situated at the forefront of innovative retail solutions, Retail Asia Conference & Expo (RACE) is powering Hong Kong's current retail technological revolution by providing an innovative platform for thought exchange. Taking place in Hall 5F, the show will gather global tech entrepreneurs under one roof to showcase 500+ cutting-edge products featuring online payment, supply chain, e-commerce, chatbot, data analytics, etc. This year, RACE will present an unprecedented exhibitor line-up — payment solutions companies such as Airwallex and EFT Payment have joined, along with overseas industry giants such as Sensormatic from US, Lark Technologies from Singapore, Dtonic Corporation from Korea and many more. The highly regarded Retail Digital Marketing Conference will gather over 100+ Chief Marketing Officers, Digital, Data, Branding, Experience, Social Media, Loyalty, Analytics professionals and decision-makers to navigate the future of retail digital marketing. Featured speakers include market leaders in e-commerce such as Michael Ho, ZALORA's Head of Hong Kong; Tony Mak, I.T's Creative Director and Sarah Mathews, Tripadvisor's Director of Media Partnerships APAC and many more. Redefine the Future of Construction Build4Asia — the No.1 Tradeshow for the Building, Electrical Engineering and Security Industries in Hall 5G welcomes leaders from the construction and building solutions sectors to demonstrate their world advanced technologies to Hong Kong and beyond. From building materials and automation, smart city technologies to total surveillance systems, the show covers almost all facets of the construction industry to fulfil sourcing needs of all industry players. APAC state-owned companies that will be showcasing at Build4Asia this year include China Machinery Engineering Corporation from Mainland China and Certis from Singapore (a subsidiary of Temasek Holdings). An array of educational events will be held to introduce various pathways to net zero in sectors of energy saving, building efficiency, mobility, nature-based solutions and more. Partnered with GBA Carbon Neutrality Association, the GBA Low Carbon Buildings TOP 100 Award Photobook Launch & Awardees Sharing will make its first appearance at Build4Asia to elevate industry standards for green constructions, while the ESG Asia Forum supported by The American Institute of Architects, Hong Kong Green Building Council, etc. will explore investor expectations and new practices to stand out in the new era of ESG reporting. The show is open to trade professionals and media only and visitors must be aged 18 or above. PR Newswire is the Media Partner of HOFEX, ProWine Hong Kong @ HOFEX, Retail Asia Conference & Expo and Build4Asia. About Informa Markets Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world's leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com. HOFEX https://www.hofex.com/ ProWine Hong Kong @HOFEX http://www.prowine-hongkong.com/ Retail Asia Conference & Expo https://www.retailasiaexpo.com/ Build4Asia https://www.build4asia.com/
TAIPEI 2023年5月3日 /美通社/ -- 台灣新創競技場 (TSS) 於2023年4月25日在內湖 t.Hub 舉辦一年一度的 Go Global Startup Bootcamp。該活動是今年 Level Up Bootcamp 系列的第一場,為想拓展海外市場的新創所舉辦。今年的 Go Global Startup Bootcamp 吸引來自不同背景的 20多家新創參與。 活動邀請到專業講師和新創代表分享他們寶貴的見解和經驗。活動涵蓋包括內部運營、業務發展、公共關係和市場策略等主題。KKday 財務長曾懷億、FunNow 國際市場開發經理 Charlene Kuo 和 A.V. Mapping 創辦人暨執行長李姿慧三位新創代表針對海外市場拓展以及實用知識和技巧進行研討分享。此外,與會者還有機會和新創代表進行一對一的交流,獲得客製化建議。 2023年台灣新創競技場(TSS)Go Global Startup Bootcamp 圓滿落幕 此次 bootcamp 還為與會者提供一個們可以與志同道合的新創夥伴們建立連結、交流想法並建立持久關係的機會。 「我們對今年 Go Global Startup Bootcamp 的成功感到非常興奮,」 Taiwan Startup Stadium 的總監 Allen John Ku 說。「除了獲得實用知識外,我們還希望學員在這個活動內建立有意義的人際關係。」 Taiwan Startup Stadium 也宣布,同系列的下一場訓練課程 Term Sheet Bootcamp 將於5月18日至19日舉辦,為新創提供一個全面了解投資場景的機會。關注台灣新創競技場 Taiwan Startup Stadium 的 Facebook 官方頁面或 Linkedln 以獲取更多最新資訊!
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