Market Newsdesk

BOCA RATON, Fla., June 26, 2023 (GLOBE NEWSWIRE) — Curiosity Ink Media – Grom Social Enterprises, Inc.’s (NASDAQ: GROM) storytelling division, and its printed content partner, Dynamite Entertainment – the prolific publisher of graphic novels and other popular formats – today announced that the partnership will bring four new kids’ titles, each of which celebrates everyone’s favorite time of year, Christmas, that will be available through booksellers everywhere in time for Christmas, 2023.

The titles represent three franchises from Curiosity’s original IP offerings, as well as one book based on Cepia, LLC’s hit toy and entertainment property, Cats vs Pickles. For Curiosity, the titles reflect the company’s commitment to serving the consumer demands of the holiday season, alongside www.Santa.com, a digital holiday hub for grownups and kids. The books, slated for fall, include:

Baldwin’s Big Christmas Delivery – It’s Christmas, one of the busiest times of the year in the train yard. With so many packages to deliver for the holidays, Baldwin must pitch in to make sure all the trains in the railyard are packed and ready to transport every present to good boys and girls. But when Baldwin discovers one pesky package has been left behind, he takes it upon himself to deliver the package — no matter what!

How the
Gherkins Stole Christmas – Based on the hot collectible, Cats vs Pickles, the citizens of Catsburg find themselves in a tail-spin when the pickles’ attempts to create a cheery holiday atmosphere, only to set off widespread panic about an alien invasion. Can the pickles finally win over the cats – and finish their work in time – to deliver the purr-fect Christmas celebration?

How the North Pole Works – This special insider’s guide to Santa’s winter wonderland, from international best-selling author Amber Stewart, and artist Kyle Beckett, grants readers unprecedented access to Santa’s workshop in this unforgettable peek behind the curtain into one of the most magical – and northernmost – places on earth!

Snow Boy – An original picture book that takes a cute seasonal approach to questions of identity and belonging from writer D.M. Farrell and artist Glenn Thomas and takes the reader on an adventure about what becomes of Snow Boy who really wants someone to play with, someone to share a meal with, and someone to snuggle with at night. Follow Snow Boy on his true wish to be part of a family.

“We love Christmas,” says Jared Wolfson, CEO of Curiosity Ink Media. “Not just because it’s a magical time of year to share happy experiences with family and friends – which would be more than enough – but because it provides an opportunity for us to deliver characters and storytelling that can become a very meaningful part of repeated annual traditions. We hope that these titles, and all of our content, play a memorable role in children’s and families’ holiday enjoyment around the world.”

“It’s exciting to continue our collaborations with Curiosity, to expand the Dynamite brand and footprint,” said Nick Barrucci, Dynamite CEO and Publisher. “We want to serve great stories and books to as many audiences as possible, and this batch of books are all tons of fun for younger readers all over!”

About Dynamite Entertainment
Dynamite was founded in 2004 and is home to several best-selling comic book titles and properties, including The Boys, The Shadow, Red Sonja, Warlord of Mars, Bionic Man, A Game of Thrones, and more. Dynamite owns and controls an extensive library with over 3,000 characters (which includes the Harris Comics and Chaos Comics properties), such as Vampirella, Pantha, Evil Ernie, Smiley the Psychotic Button, Chastity, and Peter Cannon: Thunderbolt. In addition to their critically acclaimed titles and bestselling comics, Dynamite works with some of the most high-profile creators in comics and entertainment, including Gail Simone, Christopher Priest, Leah Moore, Kevin Smith, David Walker, Vita Ayala, Danny Lore, Neil Gaiman, Garth Ennis, Darick Robertson, Mark Russell, Brandon Thomas, Amy Chu, Reginald Hudlin, Nancy Collins, David Walker, Steve Orlando, Greg Pak, Jenny Frison, Matt Wagner, and a host of up-and-coming new talent. Dynamite is consistently ranked in the upper tiers of comic book publishers and several of their titles – including Alex Ross and Jim Krueger’s Project Superpowers – have debuted in the Top Ten lists produced by Diamond Comics Distributors. In 2005, Diamond awarded the company a GEM award for Best New Publisher and another GEM in 2006 for Comics Publisher of the Year (under 5%) and again in 2011. The company has also been nominated for and won several industry awards, including the prestigious Harvey and Eisner Awards.

About Curiosity Ink Media

Curiosity Ink Media is a global media company that develops, acquires, builds, grows, and maximizes the short, mid & long-term commercial potential of Kids & Family entertainment properties and associated business opportunities. Driven by a best-in-class leadership team, Curiosity Ink Media’s multi-faceted I.P. library is designed to amass ongoing value through strategic stewardship, partnerships, and highly targeted market entry.

About Grom Social Enterprises, Inc.

Grom Social Enterprises, Inc. is a growing social media platform and original content provider of entertainment for children under 13 years of age, which provides safe and secure digital environments for kids that can be monitored by their parents or guardians. The Company has several operating subsidiaries, including Grom Social, which delivers its content through mobile and desktop environments (web portal and apps) that entertain children, let them interact with friends, access relevant news, and play proprietary games while teaching them about being good digital citizens. The Company owns and operates Top Draw Animation, which produces award-winning animation content for some of the largest international media companies in the world. Grom also includes Grom Educational Services, which has provided web filtering services for K-12 schools, government and private businesses. For more information, please visit gromsocial.com.

Forward-Looking Statements

This press release contains statements, which may constitute “forward-looking statements.”. Those statements include statements regarding the intent, belief, or current expectations of Grom and members of its management team as well as the assumptions on which such statements are based. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that may cause actual results to differ from those anticipated are discussed throughout the Company’s reports filed with Securities and Exchange Commission which are available at www.sec.gov as well as the Company’s web site at www.gromsocial.com. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

For Grom Social Enterprises/Curiosity Ink Media
Paul Ward
917-593-6066
[email protected]

For Dynamite Entertainment:

Vincent Faust
+856-312-1040 Ext. 122
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f0c4e4ea-8acc-4c74-9f9b-203b8ebcc216

CASTLE ROCK, Colo., June 26, 2023 (GLOBE NEWSWIRE) — Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or, the “Company”), an industry leader in Bitcoin (BTC) mining and data center hosting, announced today that it has entered into a long-term purchase agreement (the “Agreement”) with MicroBT Electronics Technology Co., LTD, through its manufacturing subsidiaries, (“MicroBT”) a prominent manufacturer of Bitcoin miners with production facilities in the United States. Under the Agreement, Riot has secured an initial order of 33,280 next-generation Bitcoin miners from MicroBT. The miners will be produced by MicroBT in the United States for Riot’s Corsicana Facility, for total consideration of $162.9 million (exclusive of applicable taxes and fees and adjustments), equating to approximately $21.50 per terahash (TH).      

The Agreement provides delivery of the new miners starting in December 2023, with miner deployment planned to begin in Q1 2024. Upon full deployment of the 33,280 miners ordered, which is anticipated to be completed by mid-2024, Riot’s self-mining hash rate capacity is expected to increase to 20.1 EH/s.

Riot has also secured the option to purchase up to 66,560 additional M56S++ miners from MicroBT, on the same terms as the initial order, under the Agreement. Assuming full exercise of Riot’s option, the 66,560 additional miners would add 15.3 EH/s to Riot’s self-mining capacity, to a potential total of 35.4 EH/s. Riot may execute the option, in whole or in part, through December 31, 2024.

“Riot is excited to announce our first order of Bitcoin miners for our Corsicana Facility from MicroBT,” said Jason Les, CEO of Riot. “These new models are among the most powerful and efficient miners ever made for Bitcoin mining and are designed and produced specifically for immersion cooling systems, such as those that will be used at our Corsicana Facility. These new miners will contribute an additional 7.6 EH/s to Riot’s self-mining capacity when fully deployed and will further enhance our already strong fleet efficiency in advance of the upcoming Bitcoin halving.”

In addition, Riot and MicroBT’s new partnership will secure a robust domestic supply chain in the United States, increasing domestically produced options for Bitcoin miners and marking a significant milestone for the industry. MicroBT will manufacture these miners at a facility in Pittsburgh, PA, which will lead to the creation of new, highly skilled jobs in the local area.

“Riot is thrilled to establish this relationship with MicroBT for onshore manufacturing and to secure this critical supply chain for our business,” continued Riot CEO Jason Les.

“The announcement of this significant order from Riot is a major milestone in MicroBT’s history,” said Jordan Chen, COO of MicroBT. “The M56S+ and M56S++ are the most powerful machines we have ever developed and represent the culmination of major technological advancements made by our engineering teams. All machines purchased by Riot will be manufactured in our facility in the United States, and this order will drive expansion of our operations allowing us to hire and train new staff to fulfill our growing United States-based manufacturing business.”

About MicroBT

MicroBT is a technology company based on blockchain, focusing on the R&D, production and sales of integrated circuit chips and products, and provides high performance computing system solutions and technical service. MicroBT has recently commenced its United States-based manufacturing operations of Bitcoin mining hardware.

About WhatsMiner

WhatsMiner is a leading brand of mining hardware and chip design developed by MicroBT. As one of the most efficient and cost-effective mining brands on the market, WhatsMiner is widely used in retail and institutional mining by customers around the world.

About Riot Platforms, Inc.

Riot’s (NASDAQ: RIOT) vision is to be the world’s leading Bitcoin-driven infrastructure platform.

Our mission is to positively impact the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes.

Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has data center hosting operations in central Texas, Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado.

For more information, visit www.riotplatforms.com.

Safe Harbor

Statements in this press release that are not historical facts are forward-looking statements that reflect management’s current expectations, assumptions, and estimates of future performance and economic conditions. Such statements rely on the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements may include, but are not limited to, statements about the benefits of acquisitions, including financial and operating results, and the Company’s plans, objectives, expectations, and intentions. Among the risks and uncertainties that could cause actual results to differ from those expressed in forward-looking statements include, but are not limited to: unaudited estimates of Bitcoin production; our future hash rate growth (EH/s); the anticipated benefits, construction schedule, and costs associated with the Navarro site expansion; our expected schedule of new miner deliveries; the manufacturer’s stated efficiency rating of new miners as opposed to the actual miner performance achieved of such miners may vary significantly; the impact of weather events on our operations and results; our ability to successfully deploy new miners; the variance in our mining pool rewards may negatively impact our results of Bitcoin production; M.W. capacity under development; we may not be able to realize the anticipated benefits from immersion-cooling; the integration of acquired businesses may not be successful, or such integration may take longer or be more difficult, time-consuming or costly to accomplish than anticipated; failure to otherwise realize anticipated efficiencies and strategic and financial benefits from our acquisitions; and the impact of COVID-19 on us, our customers, or on our suppliers in connection with our estimated timelines. Detailed information regarding the factors identified by the Company’s management which they believe may cause actual results to differ materially from those expressed or implied by such forward-looking statements in this press release may be found in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including the risks, uncertainties and other factors discussed under the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, and the other filings the Company makes with the SEC, copies of which may be obtained from the SEC’s website, www.sec.gov. All forward-looking statements included in this press release are made only as of the date of this press release, and the Company disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which the Company hereafter becomes aware, except as required by law. Persons reading this press release are cautioned not to place undue reliance on such forward-looking statements.

Investor Contact:
Phil McPherson
[email protected]
303-794-2000 ext. 110

Media Contact:
Alexis Brock
303-794-2000 ext.
118 [email protected]

MIAMI, June 26, 2023 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a global leader in the Health & Wellness sector marketing and manufacturing nutritional supplements and foods worldwide, today announced an agreement with Two Hands Corporation (CSE: TWOH) (OTC: TWOH), a leading distributor of food related products in Canada. The announcement was made jointly by Nadav Elituv, President of Two Hands Corporation and Darren Minton, Chief Executive Officer of Smart for Life.

“Expansion of our sales in both domestic and international markets is a key component of our growth strategy as part of our stated goal of reaching $100 million in revenue. Towards this end we are very proud to introduce Smart for Life to additional consumers across Canada,” stated Darren Minton, CEO of Smart for Life. “Although followers of Smart for Life’s products have been familiar with our offering in Costco Canada based on our presence there over the years, we are looking forward to significantly expanding our audience of consumers to include a wide gamut of additional distribution partners and retail channels. We believe our partnership with Two Hands will take our distribution in Canada to the next level.”

“Smart for Life is known for its commitment to quality and innovation. In particular, their protein bars offer a combination of great taste, nutritional benefits, and convenience that resonates with today’s health-conscious consumers,” stated Nadav Elituv, President of Two Hands Corporation.

Mr. Elituv continued, “Our team has been impressed by the variety and quality of Smart for Life’s products. We are ready to kickstart this exciting partnership and look forward to working closely with Smart for Life to ensure a successful launch in the Canadian market. This partnership marks a significant step in Two Hands’ commitment to bringing diverse, high-quality nutritious options to our customers.”

Smart for Life’s distribution agreement with Two Hands Corporation is expected to result in initial shipments of products into Canada beginning in Q3 2023.

About Two Hands Corporation

Two Hands Corporation (CSE: TWOH) (OTC: TWOH) is a Canadian-based distribution company focused exclusively on the grocery market through the Cuore Food Services brand. Two Hands’ inventory is updated continuously and generally consists of produce, meats, pantry items, bakery & pastry goods, gluten free goods, and organic items, acquired from various suppliers in Canada and internationally. For more information about Two Hands Corporation, please visit: www.twohandsgroup.com.

About Smart for Life, Inc.

Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition/Sports Illustrated Nutrition and Ceautamed Worldwide/Greens First. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Investor material and a Fact Sheet with additional information about Smart for Life is available at: www.smartforlifecorp.com/investor-center.

Forward-Looking Statements

This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Disclaimer

The information provided in this press release is intended for general knowledge only and is not a substitute for professional medical advice or treatment for specific medical conditions. Always seek the advice of your physician or other qualified health care provider with any questions you may have regarding a medical condition. This information is not intended to diagnose, treat, cure or prevent any disease.

Investor Relations Contact for Smart for Life

Crescendo Communications, LLC
Tel: (212) 671-1021
[email protected]

Investor Relations Contact for Two Hands Corporation

Two Hands Corporation
[email protected]

CAMBRIDGE, Mass., June 26, 2023 (GLOBE NEWSWIRE) — CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles¹, today announced the release of the CarGurus ChatGPT plugin to help shoppers discover their ideal car match more efficiently. The tool integrates the power of generative artificial intelligence (AI) to enhance automotive search, providing shoppers a greater level of personalization and ease when exploring CarGurus’ extensive platform of listings.

With the CarGurus ChatGPT plugin, shoppers can now explore vehicle options on their own terms without being limited by specific search fields. Through ChatGPT, users can input conversational prompts that are broad — such as “Find me a fuel-efficient car under $25,000” — or more specific — “Show me SUVs near Boston with less than 20,000 miles” — to prompt the plugin to return the most relevant cars available on CarGurus.com. With the top recommendations at hand, shoppers can then evaluate vehicle details by clicking through to the CarGurus platform.

“The car shopping process can be both exhilarating and daunting, especially for those who aren’t sure of the make or model they’d like to buy. The CarGurus ChatGPT plugin provides users with an alternative way to explore our comprehensive vehicle information, enabling shoppers to tailor their search journey beyond specific criteria to discover an ideal match that might not have been on their radar initially,” said Matt Quinn, Chief Technology Officer at CarGurus. “As the first major U.S. online automotive marketplace² to enter the conversational search arena in this way, the CarGurus ChatGPT plugin represents the latest step in our ongoing focus to leverage emerging technology to improve the car shopping, buying, and selling experience for consumers and dealers.”

CarGurus has utilized machine learning algorithms for many years to better serve customers and optimize operations. For example, AI underpins the platform’s vehicle recommendation engine, its Instant Market Value tool, and on-site merchandising to create a more personalized experience for users. With advancements in generative AI, CarGurus will continue to evaluate best use cases as part of a longstanding focus on using the power of technology to deliver a more seamless and personalized experience across the automotive journey.

The plugin is available in Beta stage to ChatGPT Plus subscribers. CarGurus will continue to evaluate functionality of the plugin for opportunities to refine the user experience. To see the plugin at work, visit: https://cargur.us/YlDTn

About CarGurus, Inc.

CarGurus (Nasdaq: CARG) is a multinational, online automotive platform for buying and selling vehicles that is building upon its industry-leading listings marketplace with both digital retail solutions and the CarOffer online wholesale platform. The CarGurus platform gives consumers the confidence to purchase and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, effectively market, instantly acquire and quickly sell vehicles, all with a nationwide reach. The company uses proprietary technology, search algorithms and data analytics to bring trust, transparency, and competitive pricing to the automotive shopping experience. CarGurus is the most visited automotive shopping site in the U.S.¹

CarGurus also operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. In the United States and the United Kingdom, CarGurus also operates the Autolist and PistonHeads online marketplaces, respectively, as independent brands.

To learn more about CarGurus, visit www.cargurus.com, and for more information about CarOffer, visit www.caroffer.com.

CarGurus^® is a registered trademark of CarGurus, Inc., and CarOffer^® is a registered trademark of CarOffer, LLC. All other product names, trademarks and registered trademarks are the property of their respective owners.

¹

Similarweb
: Traffic Insights, Q2 2023, U.S.
²Defined as CarGurus.com, Autotrader.com, Cars.com, and TrueCar.com

Media Contact:

Maggie Meluzio
Director, Public Relations & External Communications
[email protected]

Investor Contact:

Kirndeep Singh
Vice President, Investor Relations
[email protected]

A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/cdd4de69-ebf1-4b8a-b863-eea45913a338 

SAN CARLOS, Calif., June 26, 2023 (GLOBE NEWSWIRE) — SAN CARLOS, CA. – June 26, 2023 — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cybersecurity solutions globally, in collaboration with research firm Cybersecurity Insiders, has released its 2023 Cloud Security Report. The report, based on an extensive survey of over 1,000 cybersecurity professionals worldwide, provides critical insights into the current state of cloud security management, highlighting prevalent challenges and opportunities. The findings shed light on the persistent threat posed by misconfigurations, which remain a significant concern for organizations.

Despite the numerous benefits organizations derive from the cloud, such as scalability and flexibility, effectively securing it continues to be a challenge. The survey reveals that misconfigurations rank as the primary cloud security concern, affecting a concerning 59% of respondents. These misconfigurations not only leave organizations vulnerable but also impede their ability to fully leverage the potential of the cloud.

Not surprisingly, businesses are rapidly expanding their cloud estates, with 58% planning to store over 50% of their workload in the cloud within the next 12 to 18 months. However, the survey highlights a pressing issue: a significant 72% of respondents struggle with managing access to multiple security solutions, resulting in confusion and compromising cloud management security. The increasing complexity of understanding and safeguarding the cloud’s threat surface has become a significant concern for IT leaders, leaving vulnerabilities unchecked. Malicious actors are capitalizing on these challenges, as evidenced by the Check Point Research report, which indicates a staggering 48% surge in cloud-based network attacks in 2022 compared to the previous year.

The survey reveals that organizations have implemented various technologies and strategies to manage their complex cloud environments. However, the complexity and lack of visibility and control are leading to confusion. A concerning trend: 26% of organizations have 20 or more security policies in place, leading to alert fatigue and hindering response teams’ ability to effectively counter high-risk incidents. Notably, 90% of respondents expressed a preference for a single cloud security platform that simplifies management. Furthermore, an overwhelming 71% of organizations have more than six security policies in place, with 68% finding the multitude of alerts overwhelming due to the use of multiple tools stressing the need for a comprehensive and collaborative cloud security solution.

“Our survey found that cloud misconfigurations are the foremost concern for today’s CISOs. However, what sets successful cloud security organizations apart, is not only the ability to identify misconfigurations, but also to grasp their contextual relevance and prioritize their resolution,” said TJ Gonen, VP of Cloud Security at Check Point Software Technologies. “Understanding which misconfigurations truly pose a risk to business operations is paramount. As is the capability to swiftly and effectively address those vulnerabilities to maintain a strong security posture. It is imperative for enterprises to select a comprehensive solution that goes beyond surface-level detection.”

Key findings from the 2023 Cloud Security Report include:

• Biggest Challenges: Misconfiguration of cloud platforms or improper setup (59%) ranks as the most significant security threat, followed by exfiltration of sensitive data (51%), insecure interfaces/APIs (51%), and unauthorized access (49%).
• Cloud Security Incidents: 24% of respondents reported experiencing public cloud-related security incidents, with misconfigurations, account compromises, and exploited vulnerabilities being the most common incident types.
• Cloud Configuration and Security Policy Management: While 62% of organizations utilize cloud native tools for configuration management, 29% rely on dedicated Cloud Security Posture Management Solutions (CSPM).
• DevSecOps, CIEM, and Unified Security Management: 37% of respondents have embraced DevSecOps in certain areas of their organization, while 19% have implemented a comprehensive program.

The report concludes by emphasizing the need for organizations to address cloud security challenges proactively. In a cloud environment, the scale, speed, and reach of operations are amplified, necessitating robust security measures. Check Point CloudGuard, harnessing the power of unification and contextual intelligence, enables organizations to drive actionable security and smarter prevention.

About the Survey:

The 2023 Cloud Security Report was conducted in April 2023 of 1052 cybersecurity experts from North America, Europe, Asia-Pacific and more. Respondents comprised a diverse mix of executives, IT security professionals, and personnel from variously sized businesses in multiple industries. The survey examines how organizations that use cloud services are tackling security concerns, as well as prioritizing certifications, training, and best practices prioritized by IT security leaders.

To access the full report and gain comprehensive insights into cloud security trends, please visit: https://pages.checkpoint.com/2023-cloud-security-report.html

Follow Check Point via:

Twitter: https://www.twitter.com/checkpointsw
Facebook: https://www.facebook.com/checkpointsoftware
Blog: https://blog.checkpoint.com
YouTube: https://www.youtube.com/user/CPGlobal
LinkedIn: https://www.linkedin.com/company/check-point-software-technologies

About Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading provider of cybersecurity solutions to corporate enterprises and governments globally. Check Point Infinity’s portfolio of solutions protects enterprises and public organisations from 5^th generation cyberattacks with an industry leading catch rate of malware, ransomware and other threats. Infinity comprises four core pillars delivering uncompromised security and generation V threat prevention across enterprise environments: Check Point Harmony, for remote users; Check Point CloudGuard, to automatically secure clouds; and Check Point Quantum, to protect network perimeters and datacenters, all controlled by the industry’s most comprehensive, intuitive unified security management; Check Point Horizon, a prevention-first security operations suite. Check Point protects over 100,000 organizations of all sizes.

Waltham, Mass., June 26, 2023 (GLOBE NEWSWIRE) —  Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today that it has sold its DragonFly® IV system to the University of Stuttgart.

Nano Dimension’s most advanced 3D printer for electronics will go to the University’s Institute of Smart Sensors (IIS) and 3^rd Institute of Physics (PI3). The two groups are jointly working on the design and the integration of next-generation quantum devices as part of a government sponsored program known as Cluster4Future QSens (“QSens”). The University of Stuttgart groups are working together with 19 industrial partners and three research institutes to spearhead the industrial use of quantum sensors to target a large-scale market entry within the next three to five years.

The DragonFly® IV is a critical innovation enabler in specialty applications for High-Performance-Electronic-Devices (Hi-PEDs®) by simultaneously depositing proprietary conductive and dielectric substances, while integrating in-situ capacitors, antennas, coils, transformers, and electromechanical components. Such Hi-PEDs® are critical enablers for a range of applications, including autonomous intelligent drones, cars, satellites, smartphones, and in vivo medical devices. In addition, these products enable iterative development, IP safety, fast time-to-market, and device performance gains. In the context of quantum technologies, the 3D-electronic-integration capabilities of the Dragonfly® IV will enable entirely new possibilities for the microelectronic and photonic integration of the next generation of scalable quantum devices.

Professor Jens Anders,
Institute Director of the I
I
S
at the University of
Stuttgart and spokesperson for QSens, shared, “We are excited to bring the DragonFly® IV with its worldwide unique capabilities into our research. The integration of qubits for quantum sensing and quantum computing is high-demanding in nature, requiring innovative, high-precision solutions; therefore, it is not often that we find technology that meets our challenging needs. Engaging with Nano Dimension will help us design and manufacture the next generation of scalable quantum devices, which will revolutionize our society with applications ranging from smart prostheses and smart breath sensors over pharmaceutical research to autonomous driving.”

Yoav Stern, Chairman and Chief Executive Officer of Nano Dimension, added, “We look forward to supporting the University of Stuttgart and their Center of Applied Quantum Technology in their ever-critical work on quantum technology. Furthermore, we are pleased that another customer has come to appreciate the value of AME to drive innovation. This is particularly empowering when the work at-hand is the scalable integration of qubits for quantum sensing and computing. This field is perfect use case for our AME system, DragonFly® IV, which can be used to make specialty electronic devices with the design freedom and shorter innovation cycles of additive manufacturing.”
        
About University of Stuttgart Institute of Smart Sensors (IIS) and QSENS

Institute of Smart Sensors (IIS)



Since the foundation of the Institute of Smart Sensors over 100 years ago, the theory of electrical engineering has been a central pillar of the institute’s activities in research and teaching. Traditionally, this is complemented by groundbreaking work in cutting-edge applications. Currently, research at the IIS focuses on smart sensors and integrated interface circuits for various sensing applications with an emphasis on novel quantum sensing and quantum computing concepts.



https://www.iis.uni-stuttgart.de/





QSens
is dedicated to the development of the next generation of scalable quantum sensors. Quantum sensors enable measurements with a sensitivity on the edge of what is theoretically possible. This new type of sensor can be used, for example, in medicine, autonomous navigation, and renewable energies. Quantum sensors are still in their infancy. Promising prototypes have been tested in the first successful feasibility
studies,
however, the technology still lacks the scalability and mass-manufacturability required to enter the market on an industrial scale. To change this, within the BMBF-sponsored Cluster4Future
QSens
, the Universities of Stuttgart and Ulm, together with 19 industrial partners and three research institutes, jointly work on the next generation of scalable quantum devices, targeting a market entry within the next three to five years.




https://www.project.uni-stuttgart.de/qsens/en/

About Nano Dimension

Nano Dimension’s (Nasdaq: NNDM) vision
is t
o transform existing electronics and mechanical manufacturing into Industry 4.0
e
nvironmentally
f
riendly &
e
conomically
e
fficient precision additive electronics and manufacturing – by delivering solutions that convert digital designs to electronic or mechanical devices – on demand, anytime, anywhere
.

Nano Dimension’s strategy is driven by the application of deep
learning-based
AI to drive improvements in manufacturing capabilities by using self-learning & self-improving systems, along with the management of a distributed manufacturing network via the cloud.

Nano Dimension serves over 2,000 customers across vertical target markets such as aerospace & defense, advanced automotive, high-tech industrial, specialty medical technology, R&
D
and academia. The company designs and makes Additive Electronics and Additive Manufacturing 3D printing machines and consumable materials. Additive Electronics are manufacturing machines that enable the design and development of High-Performance-Electronic-Devices (Hi-PED®s). Additive Manufacturing includes manufacturing solutions for production of metal, ceramic, and specialty
polymers-based
applications – from millimeters to several centimeters in size with micron precision.

Through the integration of its portfolio of products, Nano Dimension is offering the advantages of rapid prototyping, high-mix-low-volume production, IP security, minimal environmental footprint, and design-for-manufacturing capabilities, which is all unleashed with the limitless possibilities of additive manufacturing.

For more information, please visit
 

www.nano-di.com

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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 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Nano Dimension is using forward-looking statements in this press release when it discusses benefits and advantages of its DragonFly® IV and that engagement with Nano Dimension will help the IIS design and manufacture the next generation of scalable quantum devices, which will revolutionize society with applications ranging from smart prostheses and smart breath sensors over pharmaceutical research to autonomous driving. Because such statements deal with future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties. Actual results, performance, or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano Dimension’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 30, 2023, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Nano Dimension is not responsible for the contents of third-party websites.

NANO DIMENSION INVESTOR RELATIONS CONTACT

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