August 11, 2026 - Amsterdam, the Netherlands - Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Exor N.V. today announced that they have agreed to update their long-term relationship agreement. 

It provides Exor with the flexibility to increase its shareholding in Philips to up to 22% of the company's issued ordinary share capital and voting rights, up from the previous 20% cap, with the possibility of increasing its stake further subject to approval by the Philips Supervisory Board. Governance arrangements remain unchanged, including Exor's right to nominate one member of the Philips Supervisory Board.

Feike Sijbesma, Chairman of the Supervisory Board of Royal Philips, said:

"Exor's long-term commitment underlines its confidence in Philips and its strategy. The Supervisory Board values Exor's constructive engagement, and I appreciate Beno?t Ribadeau-Dumas' continued contribution as we oversee Philips' strategic direction."

Roy Jakobs, CEO of Royal Philips, said:

"The updated agreement reflects Exor's support for Philips and its Board of Management as we execute our 2026?2028 plan. It underscores the value creation potential of the plan and our focus on delivering profitable growth."

John Elkann, CEO of Exor, said:

"We support Philips' long-term strategy defined by innovation, value creation and disciplined execution. The updated agreement reflects our continued commitment to Philips as its largest shareholder."

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips' patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home.

Headquartered in the Netherlands, the company is a leader in image-guided therapy, diagnostic imaging, ultrasound, monitoring, enterprise informatics and personal health. Philips generated 2025 sales of approximately EUR 18 billion and employs approximately 63,700 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

About Exor

Exor N.V. (AEX: EXO) has been building great companies since its foundation by the Agnelli Family. For more than a century, Exor has made successful investments worldwide, applying a culture that combines entrepreneurial spirit and financial discipline. Its portfolio is principally made up of companies in which Exor is the largest shareholder including Ferrari, Philips, CNH and Stellantis.

Forward-looking statements and other important information

This release contains certain forward-looking statements with respect to the financial condition, results of operations and business of Philips and certain of the plans and objectives of Philips with respect to these items.

Examples of forward-looking statements include statements made about the strategy, estimates of sales growth, future EBITA, future developments in Philips' organic business and the completion of acquisitions and divestments.

By their nature, these statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these statements.

Media contacts

Michael Fuchs

Philips Global External Relations

Contact details

Tel: +31614869261

media@philips.com

Dorin Danu

Philips Investor Relations

Contact details

Tel: +31205977055

dorin.danu@philips.com

Attachments

Clinician and patient with Azurion and IntraSight

Exor logo

Disney themes incorporated into Philips Ambient Experience for MRI

Nurses at central monitoring station

Copyright 2026 GlobeNewswire, Inc.

XICHANG, CHINA - Media OutReach Newswire - 11 August 2026 - At 8 p.m. local time on August 8, along the eastern extension of Hangtian Avenue in Xichang City, Liangshan Yi Autonomous Prefecture, China, 86 bonfires were lit, and tens of thousands of torches were raised in unison, turning the 3.2-kilometer-long street instantly into an ocean of joy.

The lively Yi ethnic music set the 300,000-strong crowd ablaze with excitement at the scene, as people of all ages joined hands, performed traditional Yi folk dances around the bonfires, and revelled in the fiery carnival.

That night's carnival was the centerpiece of the 2026 Liangshan Yi Torch Festival and marked the climax of the entire celebration. This year's edition featured 98 distinctive cultural tourism events held simultaneously across all 17 counties and cities of Liangshan, creating a spectacular midsummer celebration.

On July 19, Puge County, serving as the "first stop" of the 2026 Liangshan Yi Torch Festival's cultural tourism program, presented the traditional fire-lighting ceremony in its entirety alongside folk performances that offered visitors an authentic glimpse into the rich heritage of Yi culture.

The celebrations then continued in Butuo County, Yuexi County, Huidong County, Huili City, and Dechang County, among others, featuring traditional costume showcases, intangible cultural heritage workshops, Yi ethnic music days, and other cultural tourism activities. The events will run through the end of August.

Liangshan Prefecture is home to the largest Yi ethnic community in China. Among the many traditional festivals of the Yi people, the Torch Festival stands out as the grandest, richest, and most vibrant celebration, drawing the largest crowds and showcasing the most distinctive Yi traditions.

During the height of summer, Liangshan enjoys a pleasant temperature averaging around 20?C. The prefecture is home to 20 ICH items at the national level and boasts 81 officially rated tourist attractions, including Qionghai Lake-Lushan Mountain, Lugu Lake, and Luoji Mountain. Here, breathtaking natural landscapes blend harmoniously with the profound cultural heritage of the Yi people. During the 2026 Spring Festival, May Day, and Dragon Boat Festival holidays, Liangshan recorded a year-on-year growth of over 10% in both tourist arrivals and total tourism consumption.

The issuer is solely responsible for the content of this announcement.

Hashtags: #LiangshanYiTorchFestival #TorchFestival #Liangshan

Axi Select Hosts Exclusive Madrid Gathering for Pro M Traders and Axi Leadership. (Madrid PR photo)

SYDNEY, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Ten of Axi Select's $1M funded Pro M traders gathered in Madrid this July for an exclusive experience that brought together achievement, mentorship and meaningful dialogue with Axi's executive leadership.

Having reached the prestigious Pro M tier (the highest level within Axi Select's capital allocation programme), the traders travelled from across the globe to take part in an invitation-only event designed to recognise their success and strengthen the relationship between Axi and its top-performing trading talent.

Rather than a traditional conference or awards ceremony, the Madrid meet-up focused on genuine connection. At the heart of the programme were intimate fireside discussions, with Axi CEO Rajesh Yohannan and COO Gavin Ward, giving traders the opportunity to discuss their personal journeys, the realities of managing funded capital and the evolving demands of modern trading.

The discussions moved well beyond market strategies. Participants shared how trading with allocated capital differs psychologically from trading personal funds, the discipline required to remain consistently profitable, and the lessons learned while progressing through Axi Select's funding milestones. The conversations became a genuine exchange of ideas, with Axi's leadership hearing directly from the traders helping shape the future of funded trading.

Throughout the event, formal sessions were balanced with opportunities for informal conversation, including shared meals, one-to-one discussions, and social activities that allowed traders and executives to connect away from presentations and meeting rooms.

Rajesh Yohannan, Chief Executive Officer at Axi said:

"Spending time with the Pro M traders in Madrid reminded me that behind every funding milestone is a person who has put in years of discipline backed by enormous self-belief. Axi Select exists to back that kind of talent, and events like this keep us close to the people we're building it for."

Pro M Madrid Event Traders

Sook Yen

Francisco

Alejandro

Yoleny G

Ramon

Jaime

Sergio

Tomas

Daniel

Vincente

As Axi Select continues to expand globally, initiatives such as the Madrid meet-up demonstrate the company's commitment to recognising excellence, creating opportunities for meaningful collaboration and putting traders at the centre of conversation.

About Axi 

Axi is a global online trading provider offering access to forex, indices, commodities, and digital assets to clients in more than 100 countries. The company combines trading technology, education, and partnership initiatives to support trader development worldwide.

Media enquiries: mediaenquiries@axi.com

The Axi Select program is only available to clients of AxiTrader LLC. CFDs carry a high risk of investment loss. This content may not be available in your region. For more information, refer to Axi's Terms of Service. Standard trading fees and minimum deposit apply.

Copyright 2026 GlobeNewswire, Inc.

VICTORIA, Seychelles, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Bitget, the world's largest Universal Exchange (UEX), has released its July 2026 Transparency Report, highlighting growing adoption of tokenized financial markets as users increasingly incorporated tokenized equities into broader trading and investment strategies.

The report also outlines continued expansion across unified trading infrastructure, AI-powered investing, institutional products and onchain finance as tokenized assets become more deeply integrated into digital markets.

The month saw rToken surpassing US$100 million in assets under management within five weeks of launch, reaching approximately US$114 million by July 6. During the same period, cumulative trading volume reached US$671.37 million, including average daily trading volume of US$19.75 million, with more than 100,000 users trading rTokens. The report also found daily trading-user penetration increasing 18-fold from launch, while 42.87% of first-time buyers increased their positions within seven days, reflecting growing engagement beyond initial purchases.

Industry research published during the month reinforced Bitget's position across trading infrastructure. CryptoRank found that Bitget recorded the lowest slippage for large tokenized equity trades and the highest balanced displayed liquidity within 50 basis points among the exchanges analysed. The CoinGlass 2026 Derivatives Market Report ranked Bitget second globally for ETH liquidity depth with US$81.37 million in order-book depth and fourth globally for BTC liquidity depth, while TokenInsight reported nearly US$70 billion in TradFi perpetual trading volume on Bitget during Q2 2026.

"Tokenized assets are only as strong as the market behind them. Investors don't care how many assets an exchange lists if they can't trade them efficiently.," said Gracy Chen, CEO of Bitget. "DeFiLlama latest research shows that Bitget delivers the deepest liquidity and execution for tokenized equities among the exchanges evaluated. As adoption grows, that's what will decide which platforms investors continue to trust."

Beyond market activity, Bitget continued to expand the infrastructure supporting tokenized finance. During July, the exchange enabled more than 100 tokenized U.S. stocks to be used as collateral within its Unified Trading Account, introduced GetAgent Playbook to extend AI-powered trading into tokenized investing, and released an institutional cross-asset collateral playbook exploring capital efficiency across crypto and tokenized assets.

Bitget Wallet also surpassed 100 million users, expanding stablecoin payment connectivity and tokenized asset access through new integrations including Robinhood Chain and Assetback. Beyond product development, Bitget expanded its Blockchain4Youth partnership with UNICEF's Game Changers Coalition from eight to eleven countries, extending blockchain, AI and financial literacy education to more young people worldwide.

The July Transparency Report reflects the continued evolution of tokenized markets as users increasingly integrate tokenized assets into active trading, portfolio management and cross-asset investing. The report reflects Bitget's continued investment in market infrastructure, liquidity and institutional products, as tokenized finance becomes more integrated across retail and institutional markets.

To read the report, visit here.

About Bitget

Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP?. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | X | Telegram | LinkedIn | Discord

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Copyright 2026 GlobeNewswire, Inc.

F/: The exhibition is held at the National Taiwan Museum of Fine Arts (No. 2, Section 1, Wuquan West Road, West District, TAICHUNG CITY, TAIWAN). Admission is free and open to the public. (Image courtesy of Ming-Ji Hsieh, Creative Director of Orbitel International Corp.)

TAICHUNG CITY, TAIWAN - Media OutReach Newswire - 11 August 2026 - In today's increasingly interconnected world, the boundaries between design, branding, and art continue to evolve. Organized by the National Taiwan Museum of Fine Arts (NTMoFA) under the guidance of Taiwan's Ministry of Culture, the 2026 National Art Exhibition brings together 114 selected and award-winning works that showcase the diversity and creative energy of contemporary Taiwanese art across multiple disciplines.

The exhibition is held at the National Taiwan Museum of Fine Arts (No. 2, Section 1, Wuquan West Road, West District, TAICHUNG CITY, TAIWAN). Admission is free and open to the public. (Image courtesy of Ming-Ji Hsieh, Creative Director of Orbitel International Corp.)

Among this year's selected works is One Suitcase, created by Ming-Ji Hsieh, Creative Director of Orbitel International Corp. Inspired by BOBAMAN, the signature character of the O's Bubble brand, the artwork extends the language of branding into the realm of contemporary art. By transforming brand storytelling into a universal visual narrative, One Suitcase stands out as one of the exhibition's few interdisciplinary works built upon a brand's cultural identity.

One Suitcase: A Universal Story of Movement and Belonging

At the heart of One Suitcase is a simple yet powerful symbol-a single suitcase. It reflects the shared experience of today's globally mobile generation: people traveling across cities, cultures, and languages with only what they can carry, pursuing new opportunities while searching for a place to belong.

Rooted in Taiwan's island culture yet speaking to a global audience, the artwork suggests that embarking on a journey is not about possessing more, but about moving forward with purpose, conviction, and hope despite uncertainty. This idea of being "light in possessions, yet steadfast in spirit" forms the emotional core of the work.

According to Ming-Ji Hsieh, BOBAMAN is more than a brand mascot. It represents a cultural symbol-an emotional language born in Taiwan that can resonate with people around the world. Its simple, rounded form and warm smile embody kindness, optimism, and a human connection that transcends cultural boundaries.

Extending the O's Bubble Brand Philosophy Through Art

The O's Bubble brand philosophy, "YOU x ME," represents more than interaction between people-it reflects the possibility of understanding across cultures.

One Suitcase carries this philosophy into the world of contemporary art by presenting the smile as a universal language. Rather than being merely a facial expression, a smile becomes a shared emotional experience that connects people from different backgrounds, cultures, and life journeys.

As BOBAMAN enters the artistic landscape, the character evolves beyond brand identity to symbolize trust, empathy, and the enduring possibility of human connection.

The artwork also expresses the message, "Because we believe in ourselves," transforming a brand belief into a universal value that can be interpreted and appreciated by audiences regardless of cultural background.

From Taiwan to the Global Stage

Now in its 16th edition, the National Art Exhibition is one of Taiwan's most prestigious art events. This year's exhibition received more than 1,000 submissions across 11 artistic categories, including ink painting, oil painting, sculpture, photography, new media, and mixed media. Following a rigorous review process, only 114 works were selected or awarded, highlighting the richness and diversity of Taiwan's contemporary artistic landscape.

Within this context, the selection of One Suitcase represents more than artistic recognition. It demonstrates how a brand can move beyond commercial communication to become part of a broader cultural conversation. By transforming design into storytelling, the work bridges branding, public art, and international cultural exchange.

The Future of Interdisciplinary Creation: Where Brand, Art, and Culture Converge

As the global creative industry continues to embrace cross-disciplinary collaboration, brands are evolving beyond commercial identities to become powerful platforms for cultural expression and storytelling.

The selection of One Suitcase marks another milestone for Orbitel International Corp. and O's Bubble, demonstrating how a brand can expand beyond marketing and enter the broader cultural landscape. By transforming visual design into artistic expression, the work illustrates how branding can foster meaningful dialogue across cultures and connect with audiences in new ways.

Through the evolution of BOBAMAN, the artwork creates an emotionally resonant symbol that can be understood across cultural boundaries. It invites audiences from around the world to engage with creativity born in Taiwan, encouraging new interpretations while highlighting the universal themes of identity, movement, and human connection.

Ultimately, One Suitcase demonstrates how creativity originating in Taiwan can transcend geographic and cultural boundaries. It reimagines branding not merely as a commercial tool, but as a bridge between people, cultures, and ideas-opening new possibilities for dialogue through art.

Exhibition Information

Exhibition: 2026 National Art Exhibition

Dates: July 18 - October 11, 2026

Venue: National Taiwan Museum of Fine Arts

Location: No. 2, Section 1, Wuquan West Road, West District, Taichung City, Taiwan

Opening Hours:

Tuesday-Friday: 9:00 AM - 5:00 PM

Saturday-Sunday: 9:00 AM - 6:00 PM

Closed on Mondays

Admission is free.

Visitors from Taiwan and around the world are invited to experience the vibrant creativity of contemporary Taiwanese art and discover, through One Suitcase, a new perspective on the intersection of branding, art, and culture-one that reimagines the meaning of departure, connection, and shared humanity in an increasingly interconnected world.

The issuer is solely responsible for the content of this announcement.

Hashtags: #OrbitelInternationalCorp #2026NationalArtExhibition

HAIKOU, CHINA - Media OutReach Newswire - 10 August 2026 - A delegation of journalists from nine major overseas media outlets, including the United States, France, T?rkiye, Spain, and the Republic of Korea, recently visited China's Hainan Province for an in-depth tour across multiple cities including Haikou, Wanning, Lingshui, and Sanya.

The mission was to investigate the region's marine cultural tourism, ecological conservation efforts, and innovative consumer models, and to witness firsthand the renewed dynamism of Hainan's "ocean economy."

As the first full year following the island-wide special customs operations of the Hainan Free Trade Port (FTP), 2026 has been designated the "Marine Tourism Year," with a strategic focus on ocean-themed cultural travel. Leveraging policy dividends such as visa-free access for citizens of 86 countries, expanded traffic rights, and offshore duty-free shopping, Hainan has consistently enhanced its openness to the world, fueling a surge in cultural tourism demand. In the first half of this year alone, the island recorded over 1 million inbound visits, a year-on-year increase of 48.8%, underscoring the robust growth momentum of the FTP's tourism sector.

In Wanning's Riyue Bay, the international media group experienced firsthand the rapid expansion of Hainan's coastal sports industry. Renowned as a world-class surfing destination, the bay receives more than 500,000 visits annually, drawing travelers from as far as Australia and Southeast Asia. A major highlight was the nation's first Olympic-standard artificial surf pool, which employs advanced wave-making technology to simulate 23 different wave types, enabling year-round, all-weather surfing regardless of natural conditions. Mr. Guney Isik Ganimgil, a contributor to Turkey's Aydınlık newspaper, remarked that Hainan's cultural tourism development has far exceeded expectations and holds tremendous investment potential.

Eco-empowered tourism and the protection of blue bays are the defining hallmarks of Hainan's development. The Hainan Ocean Paradise Resort adheres strictly to a policy against capturing wild marine life; its rescue center has successfully rehabilitated and released over 200 rare marine creatures, including sea turtles and hawksbills, back into the wild. Meanwhile, Wuzhizhou Island has pioneered an innovative model of eco-tourism, partnering with universities to develop a tropical marine ranch. Through the strategic deployment of artificial reefs and the transplantation of tens of thousands of coral colonies, the island now offers visitors the opportunity to participate in coral transplantation-a hands-on experience that fosters a virtuous cycle between ecological conservation and tourism engagement, earning high praise from the attending media.

Deepening the integration of culture and tourism has also revitalized Hainan's traditional maritime heritage. The Danjia fishing rafts continue to enrich their authentic marine-ethnic cultural offerings, continuously diversifying their "product portfolio". Tianya Town, built around a century-old fishing village, has evolved into a coastal leisure landmark, now home to nearly a hundred boutique homestays and specialty caf?s. The Sanya International Duty-Free Shopping Complex, housing over 1,000 international brands, has introduced cutting-edge "duty-free + technology" consumption scenarios. And the Sanya Yacht Tourism Center, with a complete industrial chain, recorded over 220,000 yacht outings in 2025, cementing its status as a premier destination for high-end coastal tourism.

After four days of in-depth exploration, the media delegation witnessed a Hainan that is open, green, and vibrantly dynamic. Today's Hainan FTP has transcended the traditional model of seaside tourism, with policy as its backbone, ecology as its canvas, and culture as its soul. By continually energizing the blue economy, Hainan is presenting a compelling new vision of high-quality development to the world.

The issuer is solely responsible for the content of this announcement.

Hashtags: #HainanFreeTradePort

JAKARTA, INDONESIA - Media OutReach Newswire - 10 August 2026 - V-Green Indonesia and PT HK Realtindo (HKR) have signed a strategic cooperation agreement to develop an integrated EV Charging Hub in Kemayoran, Central Jakarta.

The partnership marks a significant milestone in the strategic collaboration between V-Green and Hutama Karya Group, HKR's parent company, as the two parties work together to pioneer a flagship EV charging hub model and accelerate the development of a comprehensive green mobility ecosystem across Indonesia.

Under the agreement, V-Green Indonesia will lease an 8,747-square-meter site owned by PT HK Realtindo (HKR) to develop the EV Charging Hub in Kemayoran. The model is particularly well suited for large land parcels, enabling landowners to optimize underutilized real estate assets and generate sustainable long-term revenue while allowing V-Green to rapidly expand its charging infrastructure network at strategic locations.

The EV Charging Hub is a large-scale charging infrastructure model that integrates multiple services within a single location to simultaneously serve the needs of individual EV owners, commercial fleet operators, and ride-hailing drivers. Scheduled to commence operations in October this year, VinFast's EV Charging Hub in Kemayoran will feature 36 EV chargers and 20 battery swapping stations for electric motorcycles, with the capacity to serve up to 56 electric cars and 220 electric motorcycles simultaneously.

In addition to fast-charging facilities for electric cars and battery swapping stations for electric motorcycles, the project will include dedicated parking areas for commercial fleets, rooftop solar panels to supplement on-site renewable energy generation, and a range of customer amenities such as rest areas, food and beverage outlets, and caf?s.

The agreement with HKR represents the first major milestone following the Memorandum of Understanding signed between V-Green Indonesia and Hutama Karya Group in April 2026. Under the MoU, the two parties agreed to jointly explore the development of EV Charging Hubs on Hutama Karya's strategic land assets, while also collaborating to develop EV charging infrastructure across 29 rest areas along the Trans-Sumatra Toll Road.

In the next phase, V-Green plans to deploy EV chargers across these 29 rest areas, creating a large-scale charging network along one of Indonesia's key highway corridors and making long-distance EV travel more convenient for users.

Mr. Ekwan Hadyanto, President Director of PT HK Realtindo, said: "Our partnership with V-Green opens up new opportunities to maximize the value of HK Realtindo's land assets while demonstrating our commitment to supporting the Indonesian Government's efforts to accelerate sustainable transportation infrastructure. We expect the Kemayoran project to become the foundation for expanding our collaboration across many other strategic locations nationwide."

Mr. Mai Truong Giang, CEO of V-Green Indonesia, said: "Signing this agreement with PT HK Realtindo marks an important milestone in realizing V-Green's strategy to develop EV infrastructure throughout Indonesia. We believe the EV Charging Hub model will not only meet the country's rapidly growing demand for EV charging but also create sustainable value for V-Green's partners while contributing to Indonesia's green transition."

The Kemayoran project is expected to serve as a flagship integrated EV Charging Hub model in Indonesia, laying the foundation for V-Green to gradually replicate the concept across other strategic HK Group locations. Beyond enhancing the EV ownership experience, the model also creates new opportunities to unlock the value of strategically located land assets while establishing modern infrastructure hubs that support Indonesia's transport electrification.

The partnership with Hutama Karya, one of Indonesia's largest infrastructure groups, further reinforces V-Green's strategy of collaborating with leading local partners to build a modern, integrated, and accessible EV charging network across the country.

Globally, V-Green is rapidly expanding its electric vehicle charging network, which now comprises more than 150,000 charging ports, alongside battery swapping stations for electric motorcycles. In Indonesia, the Company has introduced a range of attractive incentives for users, including free charging for all VinFast electric car owners and a complimentary battery swapping program for VinFast electric motorcycles for one year, with up to 20 battery swaps per vehicle per month. Through these initiatives, V-Green aims to accelerate the adoption of electric mobility while contributing to regional and global decarbonization efforts and sustainable development.

The issuer is solely responsible for the content of this announcement.

Hashtags: #V-GREEN

Bhandari will lead Mavenir's expansion into the NeoCloud market and its Forward Deployment Engineering practice across communications service providers and NeoCloud customers

RICHARDSON, Texas, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Mavenir today announced the appointment of Jitin Bhandari as Executive Vice President, NeoCloud Platform and Forward Deployment Engineering.

In this role, Bhandari will lead Mavenir's expansion into the rapidly growing NeoCloud market while building a Forward Deployment Engineering practice that will work across Mavenir's communications service provider and NeoCloud customer base. 

Building on its recently announced AI-Integrated Platform and AI Service Assurance framework for communications service providers, Mavenir is extending its AI platform, tools and cloud-native expertise to NeoCloud providers. This represents a significant new market opportunity that is additive to Mavenir's established global base of mobile network operators, communications service providers and hyperscalers.

Jitin Bhandari, EVP, NeoCloud Platform and Forward Deployment Engineering

Bhandari brings nearly three decades of experience in telecommunications, software-native technologies, product innovation and business leadership. He joins Mavenir from Nokia, where he most recently served as Chief Technology Officer for Cloud and Network Services, with responsibility for technology strategy and innovation across cloud-native and AI-powered networking solutions.

During his tenure at Nokia, Bhandari held several executive leadership positions, including Chief Product Officer for Core Network Applications and Vice President and General Manager of Digital Networks, where he led large-scale software portfolios and next-generation communications platforms. Earlier in his career, he held leadership roles at Oracle, Acme Packet and Alcatel-Lucent, helping drive the industry's transition to cloud-native architectures, network virtualization, software-defined networking and real-time communications services.

"I am delighted to welcome Jitin to Mavenir at a pivotal moment for our industry," said Pardeep Kohli, President and Chief Executive Officer of Mavenir. "We helped our customers transition from proprietary systems to cloud-native architectures, and we are now well positioned to help them adopt and operationalize AI in all aspects of their business including IT, BSS/OSS, Network Planning etc. Our technology enables customers to build secure, automated model and agent factories within their own security boundaries, while maintaining control over data, performance and cost.

"Jitin brings a rare combination of deep technical expertise, a proven ability to build and scale software portfolios, and a clear vision for AI. He is the right leader to expand our AI platform and establish a Forward Deployment Engineering practice that will work closely with both our communications service provider and NeoCloud customers. Under his leadership, we will accelerate the delivery of AI-by-design, cloud-native solutions and extend our capabilities into new markets and use cases."

"This is an exciting time to join Mavenir," said Bhandari. "The company has built a strong foundation in cloud-native, software-based networks and is uniquely positioned to lead the transition toward AI-by-design and agentic operations. I look forward to working with the Mavenir team and our customers to expand the company's AI platform, tools and Forward Deployment Engineering capabilities-turning that vision into tangible outcomes for communications service providers, NeoCloud providers and enterprises around the world."

Bhandari will report to Mavenir President and Chief Executive Officer Pardeep Kohli.

About Mavenir 

Mavenir is enabling intelligent, automated, programmable networks through the development of telco-first, cloud-native, AI-by-design software solutions for mobile operators. The company's deep telco domain expertise has been proven through deployments with 300+ operators globally in over 120 countries, which together serve more than 50% of the world's subscribers. Mavenir combines its deep telco experience with the cloud and IT expertise and data science skillsets essential to solving real customer challenges. Its proven software solutions are AI by design, delivering the AI-native future and operators' evolution to TechCos. For more information, please visit www.mavenir.com 

Media Contact: 

Emmanuela Spiteri 

PR@mavenir.com 

Copyright 2026 GlobeNewswire, Inc.

KUALA LUMPUR, Malaysia, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited (NASDAQ: FGL) ("Founder Group" or the "Company"), has signed a turn-key EPCC (engineering, procurement, construction and commissioning) contract to build a 1.4MW-peak rooftop solar system for a client that operates an integrated shrimp farm across three sites in Bandar Permaisuri, Terengganu. The contract is valued at approximately RM4.7 million (US$1.15 million).

Malaysia Renewable Energy Acceleration

Malaysia's renewable energy (RE) sector is undergoing rapid structural growth, driven by national policy initiatives under the National Energy Transition Roadmap (NETR), which targets 70% RE capacity by 2050. Driven by new market mechanisms: including the Corporate Renewable Energy Supply Scheme (CRESS), the launch of Solar ATAP (Solar Accelerated Transition Action Programme), and upcoming Large-Scale Solar (LSS6) frameworks where expected investment ranging RM13 billion to RM15 billion (USD 3.2 billion to USD3.7 billion).

With national utility tariffs adjusting under Regulatory Period 4 (RP4) and fluctuating Automatic Fuel Adjustments (AFA), energy-intensive businesses are increasingly seeking distributed solar solutions to insulate their bottom line from power cost volatility.

Addressing Critical Energy Overhead in Regional Aquaculture

Securing this contract also marking our first EPCC provider for aquaculture contract, operating on a sector the company had not previously served. According to the Department of Fisheries Malaysia, domestic aquaculture produced over 500,000 metric tons valued at approximately US$1 billion in 2023. Under the National Agro-Food Policy 2.0, the government aims to expand aquaculture output to 40% of total fisheries production by 2030, driving significant power requirements across coastal and rural farming facilities.

The adoption of solar energy in commercial aquaculture is rapidly expanding across Southeast Asia. In farming operations, electricity and fuel represent the second-largest controllable expense after feed. Recent regional studies in Brunei and Taiwan demonstrate that rooftop solar can lower aquaculture power costs by as much as 72%, while government-backed solar initiatives in Indonesia achieved up to 50% grid-electricity savings by powering continuous 24/7 pond aeration equipment.

Expanding Service Capabilities: Full-Suite EPCC & AI-Powered O&M

Under the contract, Founder Energy's scope covers supply and installation of the panels, inverters, mounting structures, cabling and related equipment, plus coordination with national utility Tenaga Nasional Berhad, TNB to connect the system to the grid.

Beyond the turnkey EPCC execution, Founder Group in general also provides long-term asset lifecycle management. The Company integrate the Company's proprietary AI-driven Operations & Maintenance (O&M) technologies. Featuring automated diagnostics, predictive maintenance algorithms, and drone-assisted visual and thermal inspections. Founder Group's O&M platform autonomously identifies anomalies and detects module defects without human intervention. This ensures uninterrupted system uptime, minimizes performance degradation, and guarantees energy output for high-stakes, 24/7 commercial operations.

CEO Commentary

"Aquaculture is a non-stop, high demand industry where energy cost efficiency directly safeguards production yield and business continuity," said Lee Seng Chi, chief executive officer of Founder Group Limited. "For farm operators, power is not an administrative cost, it is a core operational driver. By deploying solar energy, we are enabling operators to stabilize their energy costs, insulate their margins against tariff volatility, and achieve meaningful sustainable decarbonization. This milestone project establishes a proven model for how renewable energy can transform traditional food production sectors across Malaysia and the broader region."

In short, Founder Group's expansion into aquaculture sector provides a scalable operational blueprint for commercial aquaculture farms seeking to reduce reliance on grid electricity and diesel power while improving long-term business profitability.

About Founder Group Limited

Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia. The company's primary focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. The company's mission is to provide customers with innovative solar installation services, promote eco-friendly resources and achieve carbon neutrality.

For more information on the Company, please visit https://www.founderenergy.com.my/.

Safe Harbor Statement

This press release contains forward-looking statements that reflect our current expectations and views of future events. Known and unknown risks, uncertainties and other factors, including those listed under "Risk Factors" in the Company's filings with the U.S. Securities and Exchange Commission, may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. You can identify some of these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements involve various risks and uncertainties. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. We qualify all of our forward-looking statements by these cautionary statements.

CONTACT INFORMATION:

For media queries, please contact:

Founder Group Limited

info@founderenergy.com.my

Copyright 2026 GlobeNewswire, Inc.

Galle Gallants claim a maiden title as the sixth edition of the Lanka Premier League concludes after 24 matches across four venues, delivered through the Company's subsidiary Innovative Production Group and carried to North American viewers on Flash's owned OTT platform.

Season 6 ran from 17 July to 8 August 2026; five franchises contested 24 matches across four venues; Galle Gallants crowned champions for the first time, defeating defending champions Jaffna Kings by five wickets in the final; live streamed in North America on the Company's own platform, flashsm.com.

COLOMBO, Sri Lanka and NEW YORK, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Flash Sports & Media Holdings, Inc. (Nasdaq: FLZH) ("Flash" or the "Company"), a cricket-focused sports and media company, today announced the completion of Season 6 of the Lanka Premier League ("LPL" or the "League"), which concluded with the final at R.

Premadasa Stadium, Colombo, on 8 August 2026. The sixth edition began on 17 July and comprised 24 matches contested by five franchises across four venues in Sri Lanka. Galle Gallants won the title for the first time, defeating defending champions Jaffna Kings by five wickets. Flash participates in the League's commercial, media and league-management activities through its subsidiary Innovative Production Group ("IPG"). The Company's revenues from the League will depend on the specific terms of its contractual arrangements and on overall tournament outcomes.

How Season 6 Was Decided

Jaffna Kings, the defending champions, topped the table and reached the final directly by beating Galle Gallants by 14 runs in Qualifier 1 on 5 August, Kamil Mishara making 108 from 55 balls. Colombo Kaps came through the Eliminator the same day, and Galle Gallants took the second final place by beating them by six wickets in Qualifier 2 on 7 August, Sam Harper making 77 and Charith Asalanka 59.

In the final on 8 August, Jaffna Kings chose to bat and were dismissed for 123 in 19.3 overs, Asalanka taking 3 for 20 and Eshan Malinga 3 for 25. Galle Gallants reached the target in 15.5 overs to win by five wickets and claim their first LPL title, captain Dasun Shanaka finishing unbeaten on 20 from 9 balls. Asalanka was named Player of the Match and Mishara Player of the Tournament. Lahiru Udara of Kandy Royals ended the season as leading run-scorer with 434 runs, and Malinga as leading wicket-taker with 17. Statistics are as published by the League and third-party cricket media.

New Franchise Investment: Anchor Sports and Zaheer Khan Acquire Jaffna Kings

During Season 6, Stockholm-based Anchor Sports AB acquired the Jaffna Kings franchise, which now competes as Anchor Jaffna Kings. The acquisition was announced on 5 August. Anchor Sports AB is owned by Nagendra Siddoutam and co-owned by Zaheer Khan, the former India international who took 311 wickets in Test cricket and 282 in one-day internationals, and who has since held senior roles in franchise cricket. The Company regards the entry of a new institutional owner into an LPL franchise, mid-season and immediately ahead of the playoffs, as an indicator of the commercial interest the League now attracts and of the value now attached to LPL franchise positions.

Samantha Dodanwela, Tournament Director of the Lanka Premier League, said: "Having an owner of Zaheer Khan's caliber involved with the Anchor Jaffna Kings is a real boost for the league. The mentorship and direction he can offer our young Sri Lankan players will be enormous, and we're excited to see that experience passed on both on and off the field."

Zaheer Khan, Co-Owner, Anchor Jaffna Kings:

"I've always admired the calibre, innovation and variety of bowling talent that comes out of Sri Lanka ? it's a country I've visited, competed in, and hold very fond memories of. To now be part of Sri Lankan cricket as an owner is something I'm genuinely thrilled about, and I can't wait to get started with the Anchor Jaffna Kings."

Nagendra Siddoutam, Co-Founder, Anchor Sports AB:

"Sri Lanka has a rich cricketing heritage, and the LPL has established itself as a well-run, highly competitive league in a short span of time. The Anchor Jaffna Kings will be a natural extension of what we're building globally ? franchises that are rooted in their local communities while being part of a connected, international Anchor network."

Commercial Delivery and Owned Distribution

Through IPG, Flash supported the commercial and league-management activity behind Season 6, spanning sponsorship, media and broadcast arrangements, on-ground activation and production. The season again drew international players alongside Sri Lanka's leading domestic cricketers, with Chris Gayle as brand ambassador and Moeen Ali and Vijay Shankar among the overseas professionals. The Company regards the delivery of a full 24-match season across four venues, to schedule, as evidence of the operating capability it intends to apply to its other cricket properties.

In North America, Season 6 was live streamed on the Company's own platform at flashsm.com. Carrying the League directly to North American viewers on owned infrastructure, rather than licensing the rights to a third-party distributor, is consistent with the Company's strategy of owning the content and controlling its distribution, and gives Flash a direct relationship with that audience together with the associated data and advertising inventory.

A complete 24-match competition delivered across four venues to the published schedule

Centralized commercial and sponsorship activity managed through IPG

Live streaming of the full tournament in North America on the Company's own platform, flashsm.com

Leadership Commentary

Anil Mohan Sankhdhar, Founder and Chief Executive Officer, Innovative Production Group:

"LPL's growth has always been built on two priorities - creating a world-class cricket product and ensuring it remains closely connected to fans across Sri Lanka and the region. Season 6 delivered on both. Twenty-four matches, four venues, a full house of international and Sri Lankan talent, and a competition that went to the final day."

Bradley Nattrass, Chief Executive Officer, Flash Sports & Media Holdings, Inc.:

"Completing a season of this scale is what an operator of record does. The Lanka Premier League is our anchor asset, and Season 6 demonstrates the production, commercial and league-management capability we are now extending into new markets. Streaming the tournament to North America on our own platform rather than licensing it away is the part investors should focus on ? we own the content and we control the distribution. Every season we run makes the next property easier to build."

Strategic Context and Season 7

The Lanka Premier League is the Company's anchor cricket asset, and the completion of Season 6 comes as Flash expands its franchise-league footprint. The Company recently announced the launch of the Malaysia T20 League (MT20), scheduled to debut in September and October 2026, and a title sponsorship of the Swiss National Cricket Men's Team, and has identified Singapore and Zimbabwe as markets for further development. It intends to apply the operating model proven across six LPL seasons - centralized commercial rights, in-house production, and owned distribution of the kind demonstrated by the North American stream - to each of these properties.

The Company believes third-party capital entering an LPL franchise during Season 6 supports the franchise-ownership model it is marketing in its newer leagues. Planning for Season 7 is expected to begin following the conclusion of Season 6, with details of the window, franchise arrangements, player draft, commercial partnerships and distribution to be announced in due course. There can be no assurance that any of these initiatives will be completed on the anticipated timetable, or at all; future editions remain subject to agreement with Sri Lanka Cricket and other stakeholders, to regulatory and governing-body approvals, and to scheduling within the international cricket calendar.

Disclaimer

References to the Lanka Premier League, its results, participants, format, venues, commercial arrangements, audience, or economic impact are based on the Company's current information, the terms of its contractual arrangements, third-party information, or industry estimates, and are subject to change. Match results, individual performances, statistics, awards and rankings are as published by the League and third-party cricket media, have not been independently verified by the Company, and are subject to correction.

References to future seasons, expansion markets, or planned leagues reflect current intentions only and are subject to definitive agreements, regulatory and governing-body approvals, scheduling and market conditions. The Company's actual revenues, if any, will depend on its contractual arrangements and may differ materially from any industry metrics referenced herein. Nothing in this press release constitutes an offer to sell, or a solicitation of an offer to buy, any securities.

About Flash Sports & Media Holdings, Inc.

Flash Sports & Media Holdings, Inc. (Nasdaq: FLZH) is a cricket-focused sports and media company seeking to develop and commercialize cricket media, league-management, sponsorship, and related sports-entertainment opportunities. Its anchor asset is the Lanka Premier League, with Innovative Production Group (IPG) integrated as the Company's in-house rights, league-management and production engine. Flash is extending its franchise-league footprint through the Malaysia T20 League and planned initiatives in Singapore and Zimbabwe and is building owned distribution through its OTT platform at flashsm.com and a dedicated cricket channel. www.flashsportsandmedia.com.

About the Lanka Premier League

The Lanka Premier League (LPL) is Sri Lanka's professional franchise Twenty20 cricket competition. The sixth edition was contested from 17 July to 8 August 2026 by five franchises across 24 matches staged in Colombo, Dambulla and Kandy.

About Innovative Production Group

Innovative Production Group (IPG) is a subsidiary of Flash Sports & Media Holdings, Inc. and serves as the Company's rights, league-management and production arm, managing commercial rights for the Lanka Premier League and supporting the Company's wider portfolio of cricket properties.

About Twenty20 Cricket

Twenty20 (T20) is a format of cricket in which each team plays a maximum of 20 overs. Introduced by the England and Wales Cricket Board in 2003, T20 matches are typically completed in approximately three and a half hours. For more information, visit: http://www.t20worldcup.com.

Investor Relations Contact

Investors@flashsm.com 

Company Websites

https://flashsportsandmedia.com 

https://www.theipggroup.com 

https://flashsm.com 

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements of historical fact - including the dates, venues, format, match results, individual performances and award winners of Season 6 of the Lanka Premier League reported in this release - are not forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding the Company's expectations, beliefs, or intentions relating to the Lanka Premier League and future editions of it; the planning, timing, format and commercial arrangements for Season 7; the development and commercialization of sports and media platforms; the Malaysia T20 League and planned leagues in Singapore and Zimbabwe; the title sponsorship of the Swiss National Cricket Men's Team; potential sponsorship, media rights, franchise sales, and other commercial opportunities; anticipated market size, audience reach, and growth; and the Company's ability to generate revenues from its activities. Forward-looking statements may be identified by words such as "anticipate," "believe," "expect," "intend," "plan," "may," "will," "could," "seek," "estimate," "potential," or similar expressions.

These forward-looking statements are based on current expectations, estimates, and assumptions and involve known and unknown risks and uncertainties that could cause actual results and outcomes to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, without limitation: the Company's reliance on third-party partners, including Sri Lanka Cricket, franchise owners, broadcasters and sponsors, to perform under contractual arrangements; risks associated with changes in franchise ownership, the admission of new franchise owners, and the conduct, reputation and regulatory standing of franchise owners and their principals; the possibility that future editions of the League are delayed, reduced in scale, or do not proceed; uncertainties regarding player availability, scheduling within the international cricket calendar, and governing-body approvals; the possibility that anticipated sponsorship, media rights, franchise sales, or other commercial opportunities do not materialize or are delayed; risks relating to the performance, availability, scaling and monetization of the Company's owned streaming platform, including its ability to retain and grow the audience reached through it and to convert that audience into advertising or subscription revenue; the extent to which the Company is able to generate revenues, if any, from the League; risks relating to the integration of Innovative Production Group and the Company's ability to realize anticipated synergies; the Company's ability to develop, monetize, and scale its sports, media, and experiential business lines; the timing and success of expansion into new markets, including Malaysia, Singapore, Zimbabwe and Switzerland; general economic, market, and industry conditions; competitive dynamics within the sports and media sectors; international, geopolitical, and regulatory risks associated with global sporting events; and the Company's ability to maintain compliance with applicable listing standards of The Nasdaq Stock Market LLC.

The completion of Season 6 of the Lanka Premier League is not, and should not be relied upon as, an indication of the Company's revenues, earnings, cash flows or results of operations for any period. This press release does not disclose the financial terms of the Company's arrangements relating to the League, and no financial information regarding the League, the Company's participation in it, or the Company generally is presented or implied. The Company's financial results are reported solely in its periodic reports filed with the Securities and Exchange Commission, and readers should not draw conclusions about those results from the sporting, operational or commercial information described in this release. Statements describing the League as the Company's anchor asset, characterizing its operating capability, or describing the extension of its model into other markets reflect management's current views and are subject to the risks and uncertainties described above.

In addition, certain market, industry, and economic data referenced in this press release are based on third-party sources and estimates that the Company believes to be reliable, but the Company has not independently verified such information and makes no representation as to its accuracy or completeness.

Additional factors that could cause actual results to differ materially from those described in forward-looking statements can be found in the Company's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other filings with the Securities and Exchange Commission, which are available at www.sec.gov.

Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Source: Flash Sports & Media Holdings, Inc. (Nasdaq: FLZH)

Copyright 2026 GlobeNewswire, Inc.

SYDNEY, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Axi, a leading global online broker, is proud to announce its new partnership with the DP World Tour, becoming the Tour's Official Online Trading Partner.

The collaboration marks another milestone in Axi's global growth strategy, bringing together two internationally recognised brands united by a commitment to precision, performance and excellence on the world stage.

As one of professional golf's premier competitions, the DP World Tour reaches millions of fans across multiple continents each season. Through the partnership, Axi will strengthen its global brand presence while connecting with audiences who value strategy, discipline and continual improvement. These are qualities that also underpin the company's approach to innovation and client experience.

Rajesh Yohannan, Chief Executive Officer at Axi, commented:

"Golf and trading share the same DNA: success comes down to preparation, discipline, and the fine margins that separate good from great. That's what Axi's Edge is all about. Partnering with the DP World Tour - a truly global Tour with a truly global audience - allows us to tell that story on one of the biggest stages in sport. We're proud to be the first online trading company to partner with a professional Golf Tour, and we can't wait to bring fans and our clients closer to the game through innovations like DP World Tour Fantasy Powered by Axi."

Guy Kinnings, CEO of the DP World Tour, added:

"Axi are a global platform with big ambition, and we're delighted that they have chosen the DP World Tour for their first partnership in golf. Our audience is affluent, financially savvy and come from all four corners of the globe-giving Axi the perfect marketing platform to build from. Together, we will create compelling multi-channel brand campaigns and networking opportunities that elevate their presence in priority markets as we travel around the world each season."

The announcement builds on Axi's growing portfolio of global sports partnerships, reflecting the company's continued investment in building meaningful connections with audiences through world-class sporting properties.

Further details on partnership activations and upcoming initiatives will be announced during the season.

About Axi

Axi is a global online FX and CFD trading company, serving thousands of clients across 100+ countries worldwide. Axi offers OTC derivatives across a range of asset classes including Forex, Shares, Gold, Oil, and more.

Media enquiries: mediaenquiries@axi.com

Promoted by AxiTrader LLC. CFDs carry a high risk of investment loss. This content may not be available in your region.

Copyright 2026 GlobeNewswire, Inc.

*Acquisition adds ABS-011, an investigational Phase 2b gallium-68-labeled PET radiodiagnostic tracer targeting HER2

*Transaction strengthens Curium radiodiagnostic capabilities and oncology footprint, including in breast and gastric cancers

BOSTON and LIEGE, Belgium, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Curium a leading global radiopharmaceutical company, announced that it has completed the acquisition of Abscint SA, a Belgian clinical-stage radiopharmaceutical company developing innovative diagnostic imaging agents for oncology.

Through the transaction, Curium has acquired the global rights to develop, manufacture and commercialize ABS-011, an investigational gallium-68-labeled positron emission tomography (PET) radiodiagnostic tracer designed to target human epidermal growth factor receptor 2 (HER2). HER2 is an important biological target in several cancers, including breast and gastric cancers. By enabling whole-body, quantitative imaging of HER2 expression, ABS-011 has the potential to provide a more complete and comprehensive view of HER2 status to support more informed patient characterization and clinical assessment, subject to further clinical development and regulatory review.

ABS-011 uses a radiolabeled single-domain antibody designed to bind HER2 rapidly while unbound tracer clears quickly from the bloodstream. This enables same-day, whole-body PET imaging of HER2 expression across multiple lesions, potentially revealing spatial heterogeneity that a single-lesion biopsy may miss and helping clinicians select a more informative lesion for biopsy.

ABS-011 is currently being evaluated in the HERMIA trial, a multicentered Phase 2b clinical trial in Belgium (NCT 06369831). Curium plans to apply its experience in radiopharmaceutical development, manufacturing and commercialization to support the continued development of the asset.

Chait Tatineni, CEO Curium Biopharma, said: "This acquisition adds a promising diagnostic asset to Curium's oncology pipeline and builds on our commitment to advancing innovative radiopharmaceuticals for patients affected by cancer. We believe ABS-011 could help provide a more complete picture of HER2 expression across the body, with the potential to guide optimal care for patients with cancers where HER2 plays an important role. Alongside the Abscint team, Curium strengthens capabilities to help advance this program toward regulatory approval and ultimately access by patients who may benefit from it."

Karine Clauwaert, CEO, Abscint SA, said: "Abscint has worked to develop a differentiated approach to HER2 imaging, driven by the belief that better diagnostics can lead to better care. We are pleased that Curium will help advance ABS-011 into its next stage of development. Curium's scale, expertise and long-standing focus on nuclear medicine make it well positioned to support the next phase of development for this important program."

About ABS-011

ABS-011 is an investigational gallium-68-labeled PET radiodiagnostic tracer targeting HER2. It is being evaluated in a multicenter Phase 2b clinical trial in Belgium. ABS-011 has not been approved by any regulatory authority, and its safety and efficacy have not been established.

About Curium

Curium is a leading global radiopharmaceutical company with proven expertise in the development, manufacturing and supply of radiopharmaceuticals that transform the way cancer is diagnosed and treated. Headquartered in Boston with offices around the world, Curium's mission is to find new and better ways to diagnose and treat cancer.

With a global footprint that extends to more than 70 countries, a skilled and dedicated team of over 3,800 employees, and more than 80 manufacturing sites globally, Curium is highly qualified to meet the significant supply and distribution of established products that underlie success in the radiopharmaceuticals market. Curium's global leadership is embodied in a diverse and extensive portfolio of over 45 products that advance patient care for a wide range of cancers.

Curium's pioneering legacy in nuclear medicine is the foundation of the company's dedication to innovation and portfolio expansion to cancer therapeutics, particularly in neuroendocrine tumors and with a late-stage pipeline exploring opportunities in prostate cancer.

To learn more, visit www.curiumpharma.com.

About ABSCINT

ABSCINT is a clinical-stage molecular imaging company and a spin-off from Vrije Universiteit Brussel (VUB). The company develops next-generation diagnostic tools based on radiolabelled single-domain antibodies (sdAbs), designed to provide a non-invasive, whole-body view of disease biology.ABSCINT is backed by a complementary investor consortium comprising Qbic, Noshaq, Wallonie Entreprendre (WE), UZ Brussel, Kazoku and strategic industry partner Trasis, alongside private investors including Koen Dewaele, Chair of ABSCINT's Board of Directors.

Beyond capital, the consortium brings expertise in life sciences, diagnostics, entrepreneurship and nuclear medicine. Its members share ABSCINT's conviction that better diagnostics are essential to select treatments more precisely and unlock the full potential of precision medicine.

Inquiries:

Curium Group

Camilla Campbell

VP, Head of Global Communications

Camilla.campbell@curiumpharma.com

Copyright 2026 GlobeNewswire, Inc.

First commercial agreement builds on the companies' partnership to accelerate AI-powered transportation

ABU DHABI, United Arab Emirates and SEOUL, South Korea, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Space42 (ADX: SPACE42), the UAE-based AI-powered SpaceTech company, and Autonomous A2Z (A2Z), South Korea's leading autonomous driving company, have signed a commercial agreement valued at US$7 million to deploy Level-4 mobility solutions in the UAE.

This is the first commercial agreement in the two companies' broader partnership. It is a direct supply contract, separate from the joint venture announced in 2025 to support the long-term commercialization of intelligent mobility solutions in the UAE.

The agreement combines A2Z's proven Level-4 autonomous driving technology with Space42's AI, geospatial, and connectivity capabilities. For A2Z, the milestone represents a significant step in its international expansion strategy, bringing Korean-developed autonomous driving technology to one of the world's fastest-growing smart mobility markets. For Space42, it advances the company's sectorial priority to enable safe and reliable driverless vehicle operations at scale.

Hasan Al Hosani, CEO of Smart Solutions at Space42, said: "Autonomous mobility is critical infrastructure for smart city development. The UAE has created the conditions for its integration within everyday transport, and our focus is to turn that ambition into a dependable service that moves people seamlessly, aligned with world-class safety standards. Working with A2Z brings us closer to establishing a model that serves the UAE and responds to the market's changing transport needs."

Han Ji-hyung, CEO of Autonomous A2Z, stated: "This agreement demonstrates that autonomous driving technology developed and validated in Korea is ready for international deployment. Together with Space42, we look forward to bringing proven autonomous mobility solutions to the UAE and expanding into global markets."

Pilot Robo-Shuttle services using A2Z's 'ROii', alongside other modified and retrofitted autonomous vehicles, will undergo operational testing and demand assessment, followed by an expected expansion into Demand-Responsive Transport (DRT) and tourism shuttle operations. The phased rollout will provide invaluable road-based operational insights, to support future growth across additional transport use cases.

Supporting the UAE's smart mobility vision

The project aligns with the UAE's broader vision to advance AI-enabled transportation and intelligent mobility, as part of its National Smart Mobility Strategy. The project also builds on Space42's portfolio of mobility solutions, including TXAI, an autonomous taxi service that has traveled more than 600,000 kilometers across 20,000 trips with zero recorded accidents since operations began in 2021.

Demonstrating South Korean autonomous driving technology on the global stage

The agreement marks one of A2Z's largest international deployments, demonstrating the global competitiveness of South Korea's autonomous driving technology. The company has conducted autonomous driving trials across 13 cities and provinces in Korea and operates 91 permitted autonomous vehicles with more than 1.02 million kilometers of cumulative driving experience, spanning software development, vehicle integration, fleet operations, and service management.

The development follows several years of collaboration between Korea and the UAE, supported by government initiatives in technology development, testing, and market entry. Commercial execution was led by A2G (Autonomous to Global), A2Z's Singapore-based joint venture with Kilsa Global.

About Space42

Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Formed in 2024 by the merger of Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Space Services and Smart Solutions.

Space Services focuses on upstream satellite operations for both fixed and mobility satellite services. Smart Solutions integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Major shareholders include G42, Mubadala and IHC.

For more information, visit: www.space42.ai; follow us on LinkedIn: Space42 For investor inquiries, please contact: ir@space42.ai

About Autonomous A2Z

Founded in 2018 by four former Hyundai Motor autonomous driving engineers, Autonomous A2Z is South Korea's leading autonomous driving solutions company. The company operates the largest fleet of 91 autonomous vehicles in S.Korea and has achieved the country's longest cumulative urban driving record of approximately 1,020,000 kilometers. Building on this experience, A2Z is developing a range of future mobility services, including urban autonomous shuttles and smart logistics mobility solutions, leading the commercialization of safe and efficient autonomous driving technologies.

In 2024, A2Z completed the development of its Level-4 autonomous vehicle, ROii, and plans to begin performance certification and validation in 2026, paving the way for full-scale commercialization. The company is actively expanding its business across Singapore, the UAE, and Japan, and continues to drive sustainable mobility innovation through initiatives such as mobility services for transportation accessibility and smart logistics solutions leveraging autonomous driving technology.

Legal Notice and Cautionary Statement Regarding Forward-Looking Information

This announcement may contain forward-looking statements based on current expectations and assumptions about future events. These statements-identified by terms such as "expect," "will," or similar-are subject to risks and uncertainties and may prove inaccurate. They reflect information available as of the date hereof, and the companies disclaim any obligation to update them. No assurance is given that any forward-looking statement will occur, and undue reliance should not be placed on them. This announcement does not constitute a financial promotion or an offer to buy or sell securities in any jurisdiction.

Copyright 2026 GlobeNewswire, Inc.

BEIJING, CHINA  - Media OutReach Newswire - 10 August 2026 - On August 8, China's 18th National Fitness Day, the opening ceremony of the 17th Beijing Sports Games was held at the National Indoor Stadium, with many champion athletes on hand to lend support.

The city is the arena, and its citizens are the athletes. This edition of the Games balances competitive and mass participation events, featuring both traditional disciplines like athletics and swimming, and emerging sports such as pickleball and breakdancing. Some events have already concluded or are currently underway, with all competitions running through October this year.

This city‑wide sports extravaganza is expected to attract around 35,000 participants, including teenagers, college students, and the general public, setting new records in both the number of participants and events.

In recent years, Beijing has continuously integrated sports development into the fabric of the city. According to data from the Beijing Municipal Sports Bureau, the city has 3.27 square metres of sports venue space per capita, and 53.1% of its population regularly participates in physical exercise. Sports and fitness have become a new way of life in Beijing, the "Dual Olympic City."

Yin Shen, a 20‑year‑old football enthusiast, told reporters after watching the ceremony that he found the mass participation content more relatable than purely competitive events. "It's great to see so many sports that ordinary people usually play. Sports are actually all around us," Yin said.

At the opening ceremony, 14 champion athletes trained in Beijing-Ma Long, Zhang Yining, Ding Ning, Wang Chuqin, Xiao Ruoteng, Teng Haibin, Li Na, Cao Yuan, Zhang Jiaqi, Chang Hao, Yang Ling, Liu Xiaotong, Zhang Zesen, and Zhang Ruiyang-were present to inspire more people to take up sports. Zhang Yining said, "I am especially grateful to Beijing, where I realised my dreams. I also hope that more children who love sports will hold on to their dreams. Beijing is a place where dreams come true."

The issuer is solely responsible for the content of this announcement.

Hashtags: #Beijing #DualOlympicCity #NationalFitnessDay

Unlock a citywide Halloween celebration as spooky attractions and haunting nightlife take over this October

Hong Kong, Aug. 10, 2026 (GLOBE NEWSWIRE) -- As one of Asia's best Halloween destinations, Hong Kong is elevating this year's spooky season into a month-long citywide party packed with more excitement than ever.

Spanning brand-new citywide cosplay parties, high energy theme park thrills, and an irresistible immersive ambience throughout the city, Hong Kong delivers whimsical fun around every corner for locals and travellers to enjoy this season.

First-ever Citywide Halloween Cosplay Parties

Calling all cosplayers, party lovers and dress up enthusiasts! This October, Hong Kong is taking its Halloween festivities to the next level with an immersive, district-wide cosplay celebration like never before.

The excitement will begin on two consecutive pre-heat Saturdays (17 and 24 October), serving as an exclusive warm-up for the month-long party. Locals and travellers can soak up the Halloween spirit early, stepping out in bewitching costumes to explore participating neighbourhoods and get into the spellbinding mood ahead of time.

Celebrations will reach peak heat during the grand finale on Halloween night (31 October), turning various corners of Hong Kong into distinct festive hubs. Every participating district will feature unique themes and local collaborations, creating a massive stage for creative transformations that bring the entire city together.

From comic heroes and mythical creatures to whimsical original concepts, costume lovers of all ages will find endless excitement around every corner. Mark your calendars, join the celebrations and experience the hauntingly entertaining cosplay parties in Hong Kong!

Theme Park Halloween Takeovers

The thrills go beyond the neighbourhoods! A lineup of spine-tingling experiences awaits as the celebrations expand into Hong Kong's two major theme parks:

Hong Kong Disneyland Resort

This year's Disney Halloween Time, Hong Kong Disneyland Resort invites guests from around the world to unleash their wicked side from 18 September to 1 November 2026. As Disney Villains take over the park, guests can look forward to an immersive celebration filled with fan-favorite Halloween-themed entertainment, captivating villain encounters, themed dining experiences, trick-or-treat fun, and endless opportunities to showcase their most wicked matching looks with friends and family.

From powerful villain-led festivities and acclaimed musical performances to dazzling appearances by notorious Disney Villains throughout the day, Disney Halloween Time offers a one-of-a-kind Halloween experience. Guests are invited to dress up, embrace their playful side, and keep the party going from daylight to moonlight as they Party Like a Villain.

Ocean Park Hong Kong

As an eerie ambience grips and the shadows deepen, Ocean Park's Halloween Fest returns from 5 September to 1 November with all-new frights to awaken your senses. This year, the Park is breaking traditional boundaries by partnering with Under the Castle, the globally acclaimed original fantasy IP created and creatively directed by global music and style icon Jackson Wang.

A dark force will descend upon The Summit of Ocean Park, as a mysterious ancient castle rises from the mist. Visitors can step into shadowy halls and journey through a gloomy nightmare-scape, where every corner blends the brand's signature dark and gothic aesthetic with immersive storytelling - making every turn a perfect photo spot. The experience also extends beyond the scares, with themed food and beverage offerings, game booths and exclusive merchandise available.

Beyond the castle gates, heart-pounding encounters await across Ocean Park and the city, ensuring that no one leaves unscathed from this year's most stylish fright.

Boos and Brews Around Town

From top-class theme park horrors to the legendary street party in Lan Kwai Fong, the city's Halloween spirit is wickedly buzzing. Immerse yourself into crowds of festive joy in Lan Kwai Fong and Soho, two of the city's most popular nightlife districts, and enjoy electrifying parties and themed F&B specials. Don't forget to soak up the ghoulishly great party atmosphere packed with photogenic opportunities alongside revellers in imaginative costumes. Across the harbour, Knutsford Terrace will feature thrillingly chilling nightlife with 30-plus bars and restaurants for locals and visitors alike to explore. All party lovers can raise a glass and toast the spooky season while diving into Hong Kong's ultimate night out!

241026 Lan Kwai Fong_02185

Wicked Wardrobes and Seasonal Treats

Searching for the fanciest Halloween look? From classic ghosts and witches to trendy pop culture icons, Hong Kong's bustling market streets offer endless treasures for revellers of all ages. Costume hunters can head to Pottinger Street in Central, perfect for quick picks near Lan Kwai Fong, or explore Tai Yuen Street in Wan Chai and Fuk Wing Street in Sham Shui Po. These treasure troves are brimming with character outfits and playful accessories, making it easy to gear up together while discovering the distinct charm of each neighbourhood.

Beyond costumes, celebrations will spread across town, as shopping malls host interactive seasonal displays and local restaurants serve themed F&B specials. From families enjoying trick-or-treat games to solo explorers hunting for autumn delights, Hong Kong is a "fang-tastic" destination that warmly welcomes every type of traveller to join the spooky season.

You are cordially invited to gear up and get ready for this Halloween bash. Whether you are seeking chilling scares, vibrant nightlife, creative dress-up or family fun, Hong Kong is a spooktacular destination for every type of guest. Start planning your Halloween getaway to Hong Kong and dive into the magic of these world-class experiences.

For more details on the city's Halloween happenings, please visit: https://www.discoverhongkong.com/eng/events/halloween.html.

Media can download photos at the following link:

https://assetlibrary.hktb.com/assetbank-hktb/action/browseItems?categoryId=2532&categoryTypeId=2&cachedCriteria=1

For media enquiries, please contact:

Ms Cheryl Ho Tel: 2807 6375 Email: cheryl.ho@hktb.com

Mr Kenneth Ng Tel: 2807 6410 Email: kenneth.ng@hktb.com

Copyright 2026 GlobeNewswire, Inc.

Partnership strengthens Taiwan's participation in one of the world's leading AI infrastructure projects through local community building, upstream contribution and engineering mentorship

TAIPEI, Taiwan, Aug. 10, 2026 (GLOBE NEWSWIRE) -- TAIONE Open Source Foundation and Embedded LLM today announced a collaboration to build Taiwan's local vLLM community and ecosystem, bringing together engineers, students and industry contributors to participate in one of today's most important open-source AI infrastructure projects.

As AI increasingly depends on open-source infrastructure, projects such as vLLM have become critical building blocks for modern AI platforms and intelligent applications. TAIONE Open Source Foundation is building local technical communities around strategically important open-source projects that create long-term value for Taiwan's AI ecosystem-strengthening both the competitiveness of Taiwan's hardware industry and the growth of its software ecosystem.

As part of this collaboration, TAIONE will establish a vLLM Fellowship Track, one of several project tracks under the Foundation's Fellowship Program. The Fellowship serves as one of the mechanisms for cultivating long-term contributors by providing structured mentorship, engineering guidance and opportunities for sustained upstream participation.

vLLM is one of the world's leading open-source inference engines for production LLM serving. As AI models and serving workloads become increasingly sophisticated, advancing the ecosystem requires close collaboration across model developers, hardware vendors, cloud operators and systems engineers.

Participants will work on substantive technical projects aligned with upstream priorities and real-world engineering needs. Potential contribution areas include API and runtime infrastructure, distributed inference, KV-cache management, hardware acceleration, GPU kernels, quantization, model compatibility, multimodal serving, testing, continuous integration and developer tooling. Along the way, participants will gain practical experience through issue discussions, code reviews, benchmarking, documentation and upstream collaboration.

TAIONE Open Source Foundation will coordinate community development, Fellowship operations, talent cultivation, and collaboration across industry, academia and the open-source ecosystem.

Embedded LLM will serve as the technical partner for the vLLM track, providing technical project design, engineering mentorship, code review and production-inference expertise through a team that includes vLLM maintainers, code owners and major contributors.

Each participant will work under the guidance of experienced engineers and follow established open-source development practices, including issue reproduction, benchmarking, testing, public technical discussion and upstream review.

"Taiwan has built world-leading AI hardware. Our next opportunity is to cultivate world-class software contributors around the open-source projects that power modern AI. vLLM is one of the most important AI infrastructure projects today, and by building a strong local technical community around it, we hope to help more Taiwanese engineers contribute upstream while strengthening the long-term competitiveness of Taiwan's AI industry."

- Rock Tsai, Chairman, TAIONE Open Source Foundation

"vLLM is a critical open-source layer connecting AI models with the compute platforms that serve them. The strongest way to develop AI infrastructure engineers is to let them solve real systems problems, participate in upstream review and produce work that can benefit the broader community."

- Ghee Leng OOI, CEO, Embedded LLM

Application details, project activities and Fellowship opportunities for the vLLM track will be announced jointly by TAIONE Open Source Foundation and Embedded LLM.

About TAIONE Open Source Foundation

TAIONE Open Source Foundation brings together industry, academia and open-source communities to strengthen Taiwan's participation in strategically important open-source projects. Through local technical communities, Fellowship programs and international collaboration, the Foundation cultivates world-class open-source talent, accelerates sovereign and enterprise AI adoption, and helps Taiwan build long-term software capabilities alongside its global leadership in AI hardware.

About Embedded LLM

Embedded LLM is an agentic inference infrastructure company that helps AI cloud operators and enterprises turn GPU fleets into governed, scalable production AI services. The company is built on deep open-source roots, with a team that includes maintainers, code owners and major contributors to vLLM.

Embedded LLM brings this upstream engineering expertise into its production stack, spanning governed model APIs, monetization, stateful agent execution, traceable AI operations, and operator-level RL and post-training infrastructure.

Media Contacts

TAIONE Open Source Foundation

Selina Wei

taione@taione.org

Embedded LLM

Lim Jia Qi

pr@embeddedllm.com

Copyright 2026 GlobeNewswire, Inc.

The project will expand manufacturing to support the widespread, mainstream adoption of axial flux motors

Gateshead, U.K., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Turntide Technologies (Turntide), a global leader in electrification and hybridization solutions and a long-standing North East England, manufacturer, has been successful in its application for funding through the U.K. Government and Advanced Propulsion Centre U.K. (ACP) DRIVE35 Scale-up Fund for its Project SUPREME.

The Scale-up Fund is part of the U.K. Government's EUR4 billion DRIVE35 program, delivered by the Department for Business, Innovation, Science and Trade in partnership with the ACP and Innovate U.K. All U.K. Government grant funding is subject to HMG approval.

Project SUPREME, a EUR17million matched funded project, will accelerate the production of Turntide's axial flux motors through increased automation and innovation, helping the company meet the growing global demand for more efficient, high-performance powertrains.

Compared to conventional radial flux designs, axial flux motors use less space, weigh less and deliver more power in a smaller package. Despite these advantages, manufacturing challenges have historically made axial flux motors more difficult and expensive to produce at scale, limiting broader adoption.

Through Project SUPREME, Turntide will address these challenges by automating critical, labor-intensive production processes such as winding, tooling components and validating its products ready for volume manufacture. Turntide will also be registering and delivering breakthrough intellectual property at the early stages of this 18-month program extending through January 2028. Faster and more efficient manufacturing at scale will allow Turntide to better serve original equipment manufacturers across a wider range of applications and volumes globally.

"Project SUPREME is an important step in scaling next-generation electric motor technology production in the U.K. for the global market," said Steve Hornyak, CEO of Turntide Technologies. "By enabling high volume axial flux motor production through automation and overall cost reduction, we're driving wider adoption of more efficient, lighter electric powertrains across automotive and industrial applications."

As part of the project, Turntide will expand the use of its Gateshead production and R&D campus while reestablishing a dedicated component and validation facility in Cramlington, Northumberland. The project will secure job growth within the North East England, while further enhancing workforce skills and development.

About Turntide Technologies

Turntide Technologies designs and manufactures best-in-class electric motors, power electronics, and energy storage for anything that moves.

Turntide Technologies operates in North America, the U.K., and India and serves customers in global markets and industries including off highway automotive, commercial vehicles, rail, marine, light vehicles, and premium automotive.

About the Advanced Propulsion Centre UK

The Advanced Propulsion Centre UK (APC) collaborates with the UK government, the automotive industry, and academia to facilitate driving research and investment in zero-emission vehicle manufacturing. Established in 2013 and jointly funded by the Department for Business, Innovation, Science and Trade (BIST) and the automotive industry, the APC accelerates the development and industrialisation of technologies that enable the transition to zero-emission vehicle manufacturing and a net-zero automotive supply chain in the UK.   

Launched in July 2025 and delivered by BIST in partnership with the APC and Innovate UK, the DRIVE35 (Driving Research & Investment in Vehicle Electrification) programme forms a core part of the UK Government's Advanced Manufacturing Sector Plan. It underpins the UK's commitment to a zero-emission future, backed by EUR4 billion in grant funding to 2035 for automotive R&D, scale-up, and transformation. 

Focus across three funding pillars - Innovation, Scale-up, and Transformation - is helping to build a globally competitive zero-emission vehicle supply chain and deliver safer, smarter, more sustainable, and affordable mobility. 

For more information visit apcuk.co.uk or follow "Advanced Propulsion Centre UK" on LinkedIn.

#####

Contact Info

Lori Ditoro

Lori.ditoro@turntide.com

+44 191 497 9000

Attachment

APC & Turntide Logos

Copyright 2026 GlobeNewswire, Inc.

New capability puts the AI agent in the customer's environment while keeping nCino's compliance and permissioning framework intact

WILMINGTON, N.C., Aug. 07, 2026 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the platform for agentic AI banking, today announced new capabilities to let lenders connect MCP-compatible AI agents directly to the nCino Mortgage Suite via Model Context Protocol (MCP), an open-source protocol that acts as a universal plug between AI agents and external platforms.

Mortgage teams lose real time to a familiar problem: getting information or taking action means navigating screen after screen, even when the task itself is simple. Mortgage MCP solves that. The agent executes the task on the user's behalf - no clicking, no toggling between tools - within your existing governance and permissions settings.

Mortgage MCP currently ships with two pre-built tools for those who want to get to work immediately:

Admin MCP

Mortgage systems administrators - the internal "product owners" responsible for a lender's loan origination system (LOS), point-of-sale system (POS) and other key mortgage technologies - spend dozens of hours each month on tasks such as user and role management, system configuration and integration maintenance.

The Admin MCP lets administrators handle those tasks through natural language conversation, without logging into the nCino console. An administrator can onboard a new loan officer, add their state licenses, assign them to a branch, restructure organizational hierarchies, perform compliance tasks and report on loan officer performance in a single conversation.

Loan Officer MCP

Loan officers move fast - or try to. Between checking loan status, triaging their pipeline, managing borrower records and triggering income and asset verifications, they spend much of their day toggling between screens rather than working with borrowers.

The Loan Officer MCP gives loan officers a single conversational interface to handle those tasks, eliminating the screen-switching that slows origination workflows and keeping their attention on the borrower relationship. Other use cases include running AUS, drafting disclosures, partner onboarding, loan briefings, guidance on where to focus time, and task reminders.

"With Mortgage MCP, administrative workflows that used to consume hours become a five-minute conversation," said Casey Williams, General Manager of Global Mortgage at nCino. "We're building for a world where lending teams state intent and the system acts, replacing clicks with commands and dashboards with answers. Admins can connect the AI agent they already use directly into the nCino Mortgage Suite, and it only ever acts within their existing permissions, with every action logged."

Mortgage MCP is built on nCino's existing permissioning and audit-logging framework: actions taken through the nCino Mortgage Suite logged with a timestamp, action and outcome within nCino's system. The framework supports configurable controls for high-impact actions, such as archiving a loan officer or restructuring a branch, including a requirement for human confirmation before execution. Customers have the flexibility to configure these controls to fit their own approval workflows and environment.

To learn more about Mortgage MCP or to see nCino's agentic mortgage platform in action, visit www.ncino.com/mortgage or contact nCino today. Existing customers can connect Mortgage MCP through their nCino relationship manager.

About nCino

nCino (NASDAQ: NCNO) is the platform for agentic AI banking. With over 2,700 customers worldwide ? including community banks, credit unions, independent mortgage banks and the largest financial entities globally ? nCino offers a trusted agentic platform purpose-built for financial services and regulated industries. By deploying AI agents alongside human teams, nCino's dual workforce enables institutions to eliminate inefficiencies, sharpen decision-making and deliver better outcomes for the customers they serve. For more information, visit www.ncino.com.

MEDIA CONTACT

Riley Keyzer

press@ncino.com

Forward-Looking Statements

This press release contains forward-looking statements about nCino's financial and operating results, which include statements regarding nCino's future performance, outlook, guidance, the benefits from the use of nCino's solutions, our strategies, and general business conditions. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words "believes," "expects," "intends," "anticipates," "plans," "seeks," "estimates," "projects," "may," "will," "could," "might," or "continues" or similar expressions and the negatives thereof. Any forward-looking statements contained in this press release are based upon nCino's historical performance and its current plans, estimates, and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino's expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements.

These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, but not limited to risks associated with (i) adverse changes in the financial services industry, including as a result of customer consolidation or bank failures; (ii) adverse changes in economic, regulatory, or market conditions, including as a direct or indirect consequence of higher interest rates; (iii) risks associated with acquisitions we undertake, (iv) breaches in our security measures or unauthorized access to our customers' or their clients' data; (v) the accuracy of management's assumptions and estimates; (vi) our ability to attract new customers and succeed in having current customers expand their use of our solution, including in connection with our migration to an asset-based pricing model; (vii) competitive factors, including pricing pressures and migration to asset-based pricing, consolidation among competitors, entry of new competitors, the launch of new products and marketing initiatives by our competitors, and difficulty securing rights to access or integrate with third party products or data used by our customers; (viii) the rate of adoption of our newer solutions and the results of our efforts to sustain or expand the use and adoption of our more established solutions; (ix) fluctuation of our results of operations, which may make period-to-period comparisons less meaningful; (x) our ability to manage our growth effectively including expanding outside of the United States; (xi) adverse changes in our relationship with Salesforce; (xii) our ability to successfully acquire new companies and/or integrate acquisitions into our existing organization; (xiii) the loss of one or more customers, particularly any of our larger customers, or a reduction in the number of users our customers purchase access and use rights for; (xiv) system unavailability, system performance problems, or loss of data due to disruptions or other problems with our computing infrastructure or the infrastructure we rely on that is operated by third parties; (xv) our ability to maintain our corporate culture and attract and retain highly skilled employees; and (xvi) the outcome and impact of legal proceedings and related fees and expenses.

Copyright 2026 GlobeNewswire, Inc.

CEBU CITY, Philippines, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Dmitry Shubov Consulting today issued an advisory for Southeast Asian startups expanding into the U.S. enterprise market, warning that sales cycles often take longer than founders budget for and can strain cash flow before revenue starts coming in.

The advisory points to Forrester's The State Of Business Buying, 2026 report, which shows just how many people can get involved in a single B2B purchase. On average, 13 people inside the company and nine outside participants help shape the decision. Procurement is also showing up earlier in the process, with teams acting as decision-makers in 53% of buying cycles.

That matters because enterprise buyers are increasingly cautious. More than 60% now require some form of trial or pilot before moving forward with a purchase. For startups entering North America, that can mean a strong first reaction from the buyer - followed by a long stretch of legal review, security checks, procurement approvals, and executive sign-off.

"A lot of founders get excited when a U.S. buyer says yes to a meeting," said Dmitry Shubov, Founder of Dmitry Shubov Consulting. "But that's usually just the beginning. After that, there are security reviews, legal questions, procurement, and a lot of waiting. If you're not planning for that, it can get stressful pretty quickly."

To help founders prepare, Dmitry Shubov Consulting recommends three practical steps for scaling into North America:

Share compliance materials early. SOC 2 reports, privacy documentation, and security frameworks should be ready at the beginning of the sales process.

Set firm pilot deadlines. Trials should have clear success criteria and decision dates so they don't turn into open-ended evaluations.

Plan for longer sales cycles. Financial forecasts should account for real procurement timelines rather than best-case close dates.

For international startups, the takeaway is simple: enterprise interest is not the same as enterprise revenue. Planning for the delay can help protect capital during expansion. Planning like this can take place with a consulting firm, which can walk you through the process and establish a roadmap. For more information about expanding into the U.S. market, reach out to Dmitry Shubov Consulting.

About Dmitry Shubov Consulting

At Dmitry Shubov Consulting, our mission is to connect accredited investors with groundbreaking legal technology startups, fostering innovation and growth across Southeast Asia and helping Asian businesses enter the U.S. market. For more information, please visit our website or contact us directly.

Media Contact:

Support@dmitryshubovconsulting.com

Copyright 2026 GlobeNewswire, Inc.

EBENE, Mauritius, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Gold remains one of the world's most actively traded safe-haven assets, with prices continuing to respond rapidly to geopolitical developments, central bank policy decisions, inflation expectations and shifts in investor sentiment.

Investors increasingly navigate markets that move around the clock, where PU Prime has introduced XAUUSD247, enabling clients to trade gold 24 hours a day, seven days a week on MT5.

Earlier this year, gold surged to nearly US$5,600 per ounce in January as investors flocked to safe-haven assets amid escalating tensions in the Middle East. While prices have since retreated from their peak, the World Gold Council's research notes that gold remains one of the top-performing assets over the past year.

"Gold CFDs have consistently been among the most actively traded products on the PU Prime platform," said Daniel Bruce, Managing Director at PU Prime. "With many factors continuing to influence prices at all times of the day, traders increasingly expect flexibility to react whenever opportunities arise. The launch of XAUUSD247 enables clients to trade gold CFDs 24 hours a day, seven days a week, giving them uninterrupted access to this precious metal."

The introduction of XAUUSD247 allows traders to access the gold market continuously throughout the week, including weekends, providing greater flexibility beyond conventional trading hours. As financial markets increasingly operate around the clock, PU Prime remains focused on delivering trading solutions that provide clients with greater flexibility, convenience and access to global opportunities.

About PU Prime

Founded in 2015, PU Prime is a leading global fintech company and trusted CFD broker. Today, it offers regulated financial products across forex, commodities, indices, shares, and bonds. Operating in over 190 countries with more than 40 million app downloads, PU Prime provides innovative trading platforms and an integrated copy trading feature, empowering traders worldwide to achieve financial success with confidence.

For media enquiries, please contact: media@puprime.com

Copyright 2026 GlobeNewswire, Inc.