NOT FOR RELEASE, DISSEMINATION, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

Mumbai, India/Turin, Italy/Amsterdam, the Netherlands - 30 October 2026. With reference to the offer document published on 4 September 2026 (the "Offer Document"), the amendment notice published on 9 October 2026 and the notice published on 27 October 2026 (the "Notice on Final Results") on the final results of the voluntary tender offer (the "Offer") promoted by TML CV Holdings Pte. Ltd., through its wholly-owned company TML CV Holdings B.V. (the "Offeror") for all issued common shares of Iveco Group ("Common Shares") at a price of EUR 14.4 (cum dividend) per Common Share in cash, Tata Motors Limited ("Tata Motors") (NSE: TMCV), a global automotive leader, and Iveco Group N.V. ("Iveco Group" or "Iveco") (EXM: IVG), an international leader in commercial vehicles and mobility, jointly announce completion of settlement of the Common Shares tendered to the Offer during the Acceptance Period as per the Notice on Final Results. Terms not defined in this press release will have the meaning as set forth in the Offer Document.

Following completion on the date hereof of settlement following the Acceptance Period, the Offeror holds No. 238,157,212 Common Shares, equal to approximately 89.42% of Iveco Group's common share capital, net of Treasury Shares. As a result, Iveco Group has become part of Tata Motors.

As announced in the Notice on Final Results, the Acceptance Period of the Offer will be reopened for five Trading Days starting from the Trading Day following the Payment Date, and, therefore, for the sessions on 2, 3, 4, 5 and 6 November 2026 (included), from 8:30 a.m. (CET) to 5:30 p.m. (CET) (the "Reopening of the Terms"). Settlement of the Common Shares tendered to the Offer during the Reopening of the Terms will take place on 13 November 2026. Further information regarding the post-offer steps to be taken in accordance with the Offer Document, including, as applicable, the Voluntary Purchase Procedure, the Dutch Legal Squeeze-Out or the Post-Offer Demerger and Liquidation, will be communicated by the Offeror in due course.

Iveco Group changes resulting from settlement of the Tender Offer following the Acceptance Period

New Board composition

New Board Committees compositions

Amended corporate governance documents in place

All Special Voting Shares repurchased

Q3 financials disclosure brought forward to 3 November 2026

As of today, Iveco Group's Board is composed of the following members:

N. Chandrasekaran, Non-Executive Director, with the titles "Chairperson" and "Senior Non-Executive Director";

Olof Persson, Executive Director, with the title "Chief Executive Officer";

P. B. Balaji, Non-Executive Director, with the title "Non-Independent Director A";

Girish Wagh, Non-Executive Director, with the title "Non-Independent Director A";

Guenter Butschek, Non-Executive Director, with the title "Independent Director B"; and

Charles Nichols, Non-Executive Director, with the title "Independent Director B".

In accordance with the amended corporate governance documents of Iveco Group, including Committee charters, available here (Regulations of the Board of Directors) and here (charters of the Board Committees), as of today the Board Committees are composed as follows:

Audit Committee: Mr. Nichols (acting as the Committee's chair), Mr. Balaji and Mr. Butschek;

Compensation Committee: Mr. Butschek (acting as the Committee's chair), Mr. Balaji and Mr. Nichols;

ESG Committee: Mr. Wagh (acting as the Committee's chair) and Mr. Butschek.

Pursuant to the amended terms and conditions of Iveco Group's Special Voting Shares available here and the authorisation granted by the Extraordinary General Meeting on 16 October 2026, as of today all Special Voting Shares outstanding immediately prior to settlement of the Offer have been repurchased for no consideration (om niet), resulting in no Special Voting Shares remaining outstanding.

Finally, the financial results of Iveco Group for the 3rd Quarter 2026 will be released on 3rd November 2026, instead of 5th November 2026, as previously communicated.

About Tata Motors (Formerly TML Commercial Vehicles Ltd):

Part of the USD 180 billion Tata Group, Tata Motors Ltd., (BSE: Scrip code 544569; NSE: Scrip code TMCV) is India's largest and a globally renowned manufacturer of utility vehicles, pick-ups, trucks, and buses. With over eight decades of leadership in commercial mobility, the company is known for its innovation, reliability, and performance.

Its advanced powertrains, connected technologies, and intelligent fleet solutions support a wide range of applications-from last-mile delivery to public transport while seamlessly driving the wheels of the nation's economy. Guided by its brand promise Better Always, Tata Motors delivers future-ready solutions that enhance customer experience and drive sustainable growth. The company operates in India and South Korea, with a global presence across Africa, the Middle East, Latin America, Southeast Asia, and SAARC countries.

As per the Composite Scheme of Arrangement sanctioned by the Hon'ble National Company Law Tribunal, Mumbai Bench?amongst Tata Motors Limited, TML Commercial Vehicles Limited (the Company) and Tata Motors Passenger Vehicles Limited?the Company's name was changed to Tata Motors Limited from TML Commercial Vehicles Limited (effective 29 October 2025), and its equity shares are listed on the BSE Ltd and the National Stock Exchange of India Limited.

About Iveco Group

Iveco Group N.V. (EXM: IVG), a subsidiary of Tata Motors Ltd. and part of a leading global commercial mobility enterprise, is a major player in the automotive industry, built on a strong Italian heritage and with a consolidated international reach. The Group channels decades of engineering excellence and innovation into sustainable mobility and customer driven technologies.

Its five brands play a leading role in their respective domains: IVECO, a pioneering commercial vehicles brand offering heavy, medium and light duty trucks; FPT, a global leader in advanced powertrain technologies in the agriculture, construction, marine, power generation and commercial vehicles sectors; IVECO BUS and HEULIEZ, renowned for their mass transit, premium bus and coach solutions; and IVECO CAPITAL, the Group's financing arm supporting them all. Iveco Group employs 33,000 people and operates 16 industrial sites and 22 R&D centres. Further information is available at www.ivecogroup.com.

General restrictions

The offer referred to in this press release (the "Offer") is promoted by TML CV Holdings Pte. Ltd. ("TML CV HS"), through TML CV Holdings B.V., a company wholly-owned by TML CV HS (the "Offeror") on all issued and outstanding common shares (the "Common Shares") of Iveco Group N.V. ("Iveco"). This press release does not constitute either a purchase offer or a solicitation to sell the Common Shares of Iveco.

The Offeror has published an offer document (the "Offer Document"), which Iveco's shareholders must carefully review. The Offer is addressed, on equal conditions, to all the holders of the Common Shares and was launched in Italy and extended to the United States of America in compliance with Section 14(e) and Regulation 14E of the U.S. Securities Exchange Act of 1934 (the "U.S. Securities Exchange Act"), subject to the applicable exemptions set forth in Rule 14d-1(d) of the U.S. Securities Exchange Act. Except as indicated below, the Offer is subject to disclosure obligations and procedural requirements provided for by Italian law. US Iveco shareholders should be aware that such requirements may differ materially from those applicable under US domestic tender offer law and practice.

In accordance with the laws of, and practice in, Italy and to the extent permitted by applicable law, including Rule 14e-5 under the U.S. Exchange Act, the Offeror, the Offeror's affiliates or any nominees or brokers of the foregoing (acting as agents, or in a similar capacity, for Iveco or any of its affiliates, as applicable) may from time to time, and other than pursuant to the Offer, directly or indirectly, purchase, or arrange to purchase, outside of the United States of America, Common Shares in Iveco or any securities that are convertible into, exchangeable for or exercisable for such Common Shares in Iveco before or during the period in which the Offer remains open for acceptance.

These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. To the extent information about such purchases or arrangements to purchase is made public in Italy, such information will be disclosed by means of a press release or other means reasonably calculated to inform US shareholders of Iveco of such information. In addition, subject to the applicable laws of Italy and US securities laws, including Rule 14e-5 under the U.S. Exchange Act, the financial advisers to the Offeror or their respective affiliates may also engage in ordinary course trading activities in securities of Iveco, which may include purchases or arrangements to purchase such securities.

In order to comply with the rules and exemptions provided by US law, an Offer Document translated into English has been made available to the holders of the Common Shares resident in the United States of America. The English version of the Offer Document is merely a courtesy translation and the Italian version of the Offer Document was the only document submitted to Consob for its approval.

It may not be possible for US shareholders to effect service of process within the United States of America upon Iveco, the Offeror or any of their respective affiliates, or their respective officers or directors, some or all of which may reside outside the United States of America, or to enforce against any of them judgments of the United States of America courts predicated upon the civil liability provisions of the federal securities laws of the United States of America or other US law.

It may not be possible to bring an action against Iveco, the Offeror and/or their respective officers or directors (as applicable) in a non-US court for violations of US laws. Further, it may not be possible to compel the Offeror or Iveco or their respective affiliates, as applicable, to subject themselves to the judgment of a US court. In addition, it may be difficult to enforce outside the United States of America original actions, or actions for the enforcement of judgments of US courts, based on the civil liability provisions of the US federal securities laws.

The Offer may have consequences under US federal income tax and under applicable U.S. state and local, as well as non-U.S., tax laws. Each shareholder of Iveco is urged to consult its independent professional adviser immediately regarding the tax consequences of the Offer.

NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY IN ANY STATE OF THE U.S. HAS APPROVED OR DECLINED TO APPROVE THE OFFER OR THIS ANNOUNCEMENT, PASSED UPON THE FAIRNESS OR MERITS OF THE OFFER OR PROVIDED AN OPINION AS TO THE ACCURACY OR COMPLETENESS OF THIS ANNOUNCEMENT OR ANY OFFER DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.

The Offer has not been and will not be launched or promoted by the Offeror in Canada, Japan, Australia or in any other country other than Italy and the United States of America in which such Offer is not permitted in absence of the authorisation of the competent authorities or other obligations from the Offeror (such countries, including Canada, Japan and Australia, jointly, the "Other Countries"), nor by using instruments of communication or national or international commerce of the Other Countries (including but not limited to the postal network, fax, telex, email, telephone and internet), nor by way of any structure of any of the financial intermediaries of the Other Countries nor in any other way.

Copy of this press release, or portions of the same, as also copy of any subsequent document which will be issued in connection with the Offer, are not and must not be sent, nor in any way transmitted or distributed, directly or indirectly in the Other Countries. Any party who receives the abovementioned documents must not distribute, send or transmit them (either by post nor by any other method or instrument of communication or commerce) in the Other Countries.

This press release, as well as any other document that has or will be issued in connection with the Offer does not constitute and cannot be interpreted as an offer to purchase or solicitation of an offer to sell financial instruments to parties resident in Other Countries. No instrument may be offered or sold in the Other Countries in the absence of specific authorisation in compliance with the applicable provisions of the local law of those countries or in derogation of those provisions.

Tenders in the Offer by parties resident in countries other than Italy and the United States of America may be subject to specific obligations or restrictions provided by law or regulatory provisions. Parties who wish to take part in the Offer bear the exclusive responsibility to comply with those laws and therefore prior to tendering their Common Shares in the Offer, those parties are required to verify their possible existence and applicability, consulting their own advisors.

This press release contains forward-looking information and statements. Forward-looking statements are statements that are not historical facts. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Forward-looking statements are generally identified by the words "expects," "anticipates," "believes," "intends," "estimates" and similar expressions.

Investors and holders of Iveco shares are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Offeror and Iveco, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified in the public documents sent by the Offeror to Consob. Except as required by applicable law, the Offeror and Iveco do not undertake any obligation to update any forward-looking information or statements.

Copyright 2026 GlobeNewswire, Inc.

Scales Up Trade Exhibition to Create Citywide Wine and Spirits Celebration

HONG KONG, Oct. 30, 2026 (GLOBE NEWSWIRE) -- The Hong Kong Tourism Board (HKTB) today signed a Memorandum of Understanding (MoU) with Vinexposium, the world's leading organiser of wine and spirits trade events, formally establishing a five-year strategic partnership.

Under the agreement, Vinexpo Asia - the premier international wine and spirits trade exhibition in the Asia-Pacific region - will be staged exclusively in Hong Kong for five consecutive years from 2027 to 2031.

The two parties also plan to expand the scale of the event and take it beyond the exhibition halls, drawing on Hong Kong's distinctive dining, culture and lifestyle to create a citywide experience.

This will attract more high-value visitors to discover the appeal of the city's international wine and spirits celebration, while leveraging the multiplier effect of major international MICE events to drive growth across the tourism, hospitality, dining and retail sectors.

The HKTB and Vinexposium held a MoU signing ceremony today in Hong Kong. The MoU was signed by Mr Anthony Lau, HKTB Executive Director, and Mrs D?borah Sanchez, Overseas Events Director of Vinexposium, on behalf of the two organisations. Dr Peter Lam, HKTB Chairman; Miss Rosanna Law, Secretary for Culture, Sports and Tourism; Mr Fabien Robert, Deputy Mayor of Bordeaux; and Mr Philippe Tapie, Elected Member of the Bordeaux Gironde Chamber of Commerce and Industry, attended the ceremony to witness the signing.

Dr Peter Lam, HKTB Chairman, said, "Today marks an important milestone in the partnership between HKTB and Vinexposium. It is particularly meaningful that this achievement is being announced during the Hong Kong Wine & Dine Festival. The occasion opens a new chapter in a collaboration founded on nearly three decades of mutual trust, deepening Hong Kong's close ties with Bordeaux and the global wine and spirits market. Hong Kong's role as the exclusive host city of Vinexpo Asia for five consecutive years not only reflects the confidence that international organisers and the global industry place in Hong Kong, but also reinforces the city's position as Asia's leading wine and spirits trading hub and the World's Meeting Place. I am confident that the Hong Kong Wine & Dine Festival and Vinexpo Asia will complement each other, ensuring Hong Kong remains a key global hub for wine and spirits exchange, trade and experiences, promoting wine culture and boosting market interest, as well as fostering business exchange and supply chain support. By attracting both locals and high-value visitors, these two flagship events will generate broader economic benefits for the tourism, dining, hospitality and retail sectors."

Mr Philippe Tapie, Elected Member of the Bordeaux Gironde Chamber of Commerce and Industry, said, "Hong Kong has been an integral part of Vinexpo Asia's journey since 1998, serving as a trusted meeting point for the global wine and spirits industry and a gateway to opportunities across Asia. By establishing Hong Kong as the annual home of Vinexpo Asia from 2027 through 2031, we are providing the continuity and certainty that businesses increasingly value, enabling producers, buyers and industry professionals to plan, connect and grow over the long term. This renewed partnership also creates exciting opportunities to strengthen links between the international wine and spirits community and Hong Kong's vibrant gastronomy, hospitality and lifestyle sectors, opening a new chapter for Vinexpo Asia and the industry as a whole."

Hong Kong becomes long-term home of Vinexpo Asia, with trade exhibition extending into citywide celebration

As a prestigious international trade platform for the wine and spirits industry, Vinexpo Asia was previously staged in Hong Kong every alternate year, bringing together producers, buyers and industry leaders from around the world to foster global trade exchange and investment collaboration. Under the latest partnership agreement, this premier international event will make Hong Kong its exclusive host city for five consecutive years from 2027. The first edition under the new annual format will be held at the Hong Kong Convention and Exhibition Centre on 8-10 June next year.

Under the new partnership framework, HKTB and Vinexposium will further enhance the scale and international influence of Vinexpo Asia in Hong Kong, working together to elevate the event into an annual citywide celebration connecting international trade professionals with Hong Kong's vibrant food and beverage scene. The two parties are in the early stages of exploring a series of curated citywide activations to celebrate iconic wine & spirits cultures from Europe, the Americas, and the Asia-Pacific region. These will be complemented by wine tastings, food-and-wine pairing experiences and networking events across key districts in the city.

Bringing in high-quality MICE events to expand high-value visitor segments

The HKTB will continue to proactively attract more major international MICE events to Hong Kong, reinforcing the city's position as the World's Meeting Place and Asia's preferred destination for business travel. By bringing in high-quality, high-value events with international influence, HKTB will draw more MICE visitors and high-spending travellers to Hong Kong, further driving the development of the tourism industry and the wider economy.

Copyright 2026 GlobeNewswire, Inc.

*The Phase III AIRWARD trial was published today on ClinicalTrials.gov (NCT07907991).1

*AIRWARD will evaluate the efficacy and safety of verducatib, an investigational oral therapy for COPD.1

*The Phase III trial will enroll adults with symptomatic COPD who continue to experience exacerbations and have blood eosinophil counts below 300 cells/?L.1

Ingelheim, Germany and Ridgefield, Conn., U.S. - Boehringer Ingelheim today announced the registration of the Phase III AIRWARD trial evaluating its investigational oral therapy verducatib as a treatment option targeting DPP1 in adults with COPD; the trial was published on ClinicalTrials.gov (NCTXXXXXX).

1 The trial will evaluate verducatib, an investigational dipeptidyl peptidase 1 (DPP1) inhibitor, in adults who continue to experience exacerbations, despite treatment with their usual therapy, and have a blood eosinophil count below 300 cells/?L.1 Building on more than 100 years of heritage in respiratory medicine and extensive experience in COPD, Boehringer is committed to addressing the needs of people who continue to experience exacerbations while receiving standard of care.

"The AIRWARD trial marks a significant development in efforts to address one of the major challenges in lung health: disease driven predominantly by neutrophils, a reality affecting approximately 60 to 90% of people with COPD," said Dr. MeiLan K. Han, Professor of Medicine and Chief of the Division of Pulmonary and Critical Care Medicine at the University of Michigan Health, and Principal Investigator for the AIRWARD trial. "There remains an unmet need for therapies that target underlying drivers of the disease.

The AIRWARD trial gives us an important opportunity to explore an approach that could help change the future treatment of COPD."

In many people with COPD, chronic exposure to irritants triggers persistent and self-perpetuating neutrophil-driven inflammation in the lungs.2 AIRWARD will evaluate whether verducatib can reduce the frequency and severity of exacerbations in patients with COPD despite treatment with their usual therapy.1

"COPD is one of the world's most significant health challenges. Today, far too many patients remain underserved as frequent flare-ups drive reduced quality of life and lead to hospitalizations that place a significant burden on healthcare systems," said Shashank Deshpande, Chairman of the Board of Managing Directors and Head of Human Pharma.

"With AIRWARD, we are broadening our verducatib program to explore its potential in COPD, reflecting our commitment to addressing the high unmet need in numerous lung diseases, and our broader pursuit of advancing lung health. But innovation alone is not enough: lungs can't wait. Policymakers, healthcare systems and industry need to work together to make lung health a higher priority through earlier diagnosis, better care pathways and faster access."

About COPD

Chronic obstructive pulmonary disease (COPD) is a progressive, complex disease characterized by limited airflow, making it difficult to breathe.3 COPD is the third leading cause of death globally and is estimated to affect 213 million people worldwide.3,4 Common symptoms include shortness of breath and coughing, with or without excess mucus production.3 As a progressive and irreversible condition, COPD gradually diminishes lung function, with worsening symptoms that may significantly impact quality of life.3 Patients suffer from frequent and potentially severe lung flare ups, or exacerbations.3

In approximately 60 to 90% of people living with COPD, chronic inflammation is driven predominantly by neutrophils - white blood cells that respond to acute injury and infection.2,5 Neutrophils accumulate in the airways of the lungs in response to infection and inflammatory signals, releasing enzymes such as neutrophil serine proteases.2 When this activity becomes excessive, the resulting accumulation of tissue-damaging enzymes contributes to structural airway damage, emphysema and frequent flare-ups.6 As a result, many people continue to experience exacerbations that can accelerate disease progression, increase healthcare burden and negatively impact daily life.4

About AIRWARD

The AIRWARD trial is a global, Phase III, randomized, double-blind, placebo-controlled trial designed to evaluate the efficacy and safety of verducatib 2.5 mg versus placebo in adults with COPD.1 The primary endpoint will measure the annualized rate of moderate or severe exacerbations experienced per person per year, comparing verducatib with placebo over a period of at least 52 weeks and up to 76 weeks.

The trial is expected to enroll approximately 1,800 adults, from 450 sites and across more than 25 countries, aged 40 years and older with symptomatic COPD who continue to experience acute exacerbations despite treatment with their usual therapy, and with blood eosinophil counts <300 cells/?L.1

In addition to exacerbation rates, the trial will also evaluate secondary endpoints including time to first moderate or severe exacerbation, changes in lung function, and improvement in health-related quality of life.1

About verducatib (BI 1291583)

Verducatib is an investigational drug that has not been approved for any proposed indication by any regulatory authority.

Verducatib is an oral DPP1 inhibitor intended for preferential distribution to the bone marrow and the first DPP1 inhibitor to be studied in phase III for COPD. Verducatib has the potential to target a key pathway underlying chronic neutrophil-driven inflammation in COPD patients with normal-range blood eosinophil counts <300 cells/?L. By targeting the DPP1 enzyme to block the activation of neutrophil serine proteases, the aim is to help reduce persistent inflammation in COPD.

Through this mechanism, the compound has the potential to reduce exacerbations and influence mucus production in the lungs of people living with COPD. In addition to COPD, verducatib is being investigated in the Phase III AIRTIVITY trial for bronchiectasis. The mechanism of action of verducatib is based on preclinical data and the clinical significance has not been established.

About Boehringer Ingelheim

Boehringer Ingelheim is a biopharmaceutical company active in both human and animal health. As one of the industry's top investors in research and development, the company focuses on developing innovative therapies that can improve and extend lives in areas of high unmet medical need. Independent since its foundation in 1885, Boehringer takes a long-term perspective. Our approximately 54,300 employees serve over 130 markets to build a healthier tomorrow. Learn more at www.boehringer-ingelheim.com. 

References

1 The AIRWARD Study: A Study to Test Whether Verducatib Helps People With Chronic Obstructive Pulmonary Disease ClinicalTrials.gov identifier: NCT07907991. Available at: https://clinicaltrials.gov/study/NCT07907991. Last Accessed October 2026.

2 Brightling CE, Greening NJ. Eur Respir J. 2019;54:1900651.

3 Global Strategy for the Diagnosis, Management, and Prevention of COPD. 2026 Report. Available at: goldcopd.org. Last Accessed October 2026

4 Cao Z, et al. BMJ Public Health. 2026;4:e002489.

5 Bhatt SP, et al. Int J Chron Obstruct Pulmon Dis. 2026.

6 Kreideweiss S, et al. Inflamm Res. 2023;72:1709-1717.

Copyright 2026 GlobeNewswire, Inc.

HOUSTON and LONDON, Oct. 30, 2026 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) today announced it has entered into an agreement to sell its former Houston Refinery site and related assets to Valero Refining-Texas, L.P., a wholly owned subsidiary of Valero Energy Corporation (NYSE: VLO, "Valero").

The transaction represents another step in the company's ongoing portfolio transformation, sharpening its focus on businesses and assets that offer the strongest strategic fit and long-term value creation potential while strengthening its ability to allocate capital in line with its company strategy.

"This transaction reflects the disciplined approach we are taking to transform our portfolio and create long-term value," said LYB CEO Peter Vanacker. "It provides an opportunity to realize value from a non-core asset while positioning the site, its infrastructure and employees with an owner whose core business is refining. We are pleased that the agreement provides continued employment for the site's workforce and look forward to working with Valero on an orderly transition."

Following the decision to cease refining operations, LYB evaluated a range of options for the site and determined that the sale offered the most compelling opportunity to advance the company's strategic priorities.

The total purchase price for the transaction is $320.5 million. Valero is assuming responsibility for ongoing site operations, environmental liabilities, pension costs and related employee obligations. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals and other customary closing conditions. 

About LyondellBasell

We are LyondellBasell (NYSE: LYB), a global leader in the chemical industry. We develop, manufacture and market innovative products for applications ranging from transportation and infrastructure to food safety, clean water and quality healthcare.

We hold leading positions in polyolefins, oxyfuels, propylene oxide and acetyls. Our focus on safe and reliable operations, proprietary technologies and strong portfolio positions us for success. Through disciplined investments, we strengthen our core businesses, and build profitable circular and low-carbon solutions that create long-term value for our customers, investors and other stakeholders.

Our commitment to an inclusive global workplace enables employees to do their best work as they create solutions for everyday sustainable living. For more information, please visit www.lyb.com or follow @LyondellBasell on LinkedIn.

Cautionary Note Regarding Forward-looking Statements

The statements in this press release relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties.

Actual results could differ materially from the anticipated results, or other expectations expressed in this press release, including, but not limited to, receipt of required regulatory approvals or the expiration of applicable waiting periods; the satisfaction of closing conditions; and our ability to complete the transaction described herein within the time period included herein.

While these statements are made in good faith, LyondellBasell and its management cannot guarantee that anticipated future results will be achieved.

Copyright 2026 GlobeNewswire, Inc.

MUSCAT, Oman, Oct. 30, 2026 (GLOBE NEWSWIRE) -- The Muscat Maritime Resilience Forum 2026 concluded under the patronage of H.E. Abdulsalam bin Mohammed Al Murshidi, President of Oman Investment Authority (OIA).

In his closing remarks, His Excellency praised the constructive engagement and actionable outcomes of the forum, stating: "The profound discussions held during this forum reflect a shared understanding of the sector's future dynamics and opportunities.

They reaffirm Oman's pivotal role in strengthening international cooperation and knowledge exchange. As we thank all participants for their transparent insights and valuable perspectives, we reiterate our commitment to activating the forum's outcomes. We will translate these recommendations into concrete action plans that bolster supply chain resilience, drive sustainable economic growth and cement Oman's position as a vital hub for global supply chains and trade."

The final day featured a comprehensive session for the specialized working groups, reviewing the priorities and proposals generated by industry leaders to present an integrated vision of the maritime ecosystem. These sessions successfully highlighted the deep interconnectivity across eight core sectors: Marine Resources, Infrastructure, Regulatory Frameworks, Supply Chains, Logistics Services, Proactive Readiness, Platforms and Networks. Driven by the commercial and operational expertise of the participants, these discussions aimed to formulate solutions that guarantee operational efficiency and support market agility.

The forum's strategic dialogues served as the foundational launchpad for the Muscat Maritime Resilience Framework. Analytical and framing efforts will continue to transform these shared visions into an integrated operational model capable of navigating commercial and operational shifts. The framework will be developed and implemented in phases, beginning with strengthening integration among Gulf Cooperation Council (GCC) naitions before expanding its scope to serve the entire global maritime trade ecosystem.

The working group discussions underscored the importance of building a unified approach to risk management, enhancing the exchange of reliable data across the maritime network and developing regulatory alignment alongside proactive readiness and response mechanisms. Participants also addressed the critical nexus between protecting the marine environment and sustaining the economic activities that depend on it, emphasizing the need to base strategic decisions on empirical data and field expertise.

Strategic insights highlighted the necessity of deploying advanced digital technologies to share knowledge and trusted data. Discussions also called for deeper coordination between government entities and the commercial sector to build mutual trust and institutional readiness. This approach prioritizes the commercial and operational dimensions of the industry, focusing on innovating tools that empower maritime professionals and leaders to make informed decisions and adapt to the rapid variables shaping international trade.

Once finalized, the Muscat Maritime Resilience Framework will be accessible as an open knowledge resource serving all stakeholders. It will be shared with governments, regulatory bodies and public and private sector enterprises to enrich operational readiness across the industry. This direction aligns seamlessly with the vision outlined by Eng. Abdulrahman bin Salem Al Hatmi, Chief Executive Officer of Asyad Group, in his opening keynote. He emphasized that integrating field expertise and joint action constitutes the fundamental pillar for ensuring maritime network resilience and the uninterrupted flow of global trade.

These outcomes reflect Oman's success in leveraging its economic diplomacy, strategic location and logistics infrastructure to converge perspectives and strengthen international cooperation. Through its direct contribution and integrated expertise in ports, shipping and logistics services, Asyad Group has launched a new era of collaborative action from Muscat, charting a pathway that enhances trade connectivity and builds a more prepared, sustainable maritime future.

Copyright 2026 GlobeNewswire, Inc.

SHENZHEN, China, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Emdoor Information, a leading provider of rugged computing solutions, today announced the expansion of its AI-ready portfolio designed to bring high-performance artificial intelligence directly to industrial edge environments.

As enterprises accelerate Industry 4.0 and intelligent operations initiatives, the demand for on-device inference in demanding field conditions has reached an inflection point. Emdoor Information's new range of rugged AI PCs directly addresses this requirement by combining dedicated AI acceleration, industrial-grade durability, and extensive industrial connectivity into deployment-ready terminals.

Why the Industrial Edge Needs the Rugged AI PC

The migration of AI workloads from centralized data centers to operational technology (OT) environments presents a fundamental infrastructure paradox. While cloud computing offers abundant resources, transmitting all production data upstream introduces latency bottlenecks, connectivity vulnerabilities in remote locations, and heightened data-security exposure.

Compounding the issue, standard consumer-grade and office computing devices lack the environmental resilience required for factory floors, moving vehicles, and outdoor deployments. Industrial edge computing must therefore simultaneously withstand extreme temperatures, persistent shock and vibration, airborne dust, and moisture ingress while delivering sufficient computational power for real-time AI inference.

Emdoor Information's AI-Ready Edge Solution

Emdoor Information's AI-Ready Edge Solution addresses this paradox through a series of AI rugged computing terminals.

First, heterogeneous AI computing: the portfolio leverages diverse processor platforms to match specific workload requirements.

Intel platform products: Intel Meteor Lake-powered AI rugged devices-the EM-X14M and EM-X15M laptops and the EM-I14M tablet-provide up to 33 TOPS with integrated NPU efficiency. Intel Lunar Lake-powered AI rugged tablets (EM-I10L, EM-I20L) achieve up to 120 TOPS in compact, handheld form factors, functioning as high-performance AI-powered industrial tablets at the network edge.

AMD platform products: AMD Ryzen-powered AI rugged laptops (EM-A14, EM-A15) deliver up to 126 TOPS of AI performance.

These heterogeneous options enable on-device inference for computer vision, predictive analytics, and localized large language model applications-eliminating dependency on continuous cloud connectivity.

Second, rugged reliability: every product carries IP65 ingress protection and meets MIL-STD-810H standards for shock, vibration, and wide temperature ranges, ensuring uninterrupted operation across environmental extremes.

Third, comprehensive edge connectivity: the products are equipped with Thunderbolt 4 (Type-C), RJ45, RS232, HDMI, Oculink, and multiple USB ports, supplemented by wireless options including Wi-Fi 6E/Wi-Fi 7 and 4G with optional 5G, enabling direct integration with industrial machinery, networks, and sensor arrays.

Smart Manufacturing: Driving Automated Quality Inspection

In smart manufacturing deployments, Emdoor Information's rugged AI PCs function as high-performance AI vision processing nodes at the production line edge. Connected to high-precision industrial cameras and equipped with optional discrete graphics accelerators, the devices run integrated AI vision models and visual inspection software to execute complete machine vision workflows for quality inspection-from initial sample processing and dataset annotation through model training, image acquisition, and real-time analytical inference.

This capability enables automated surface defect detection, internal assembly verification, label recognition, and intelligent product classification operating at full production throughput. Upon detecting anomalies during quality inspection, the system generates immediate alerts and transmits inspection data through high-speed communication interfaces directly to Manufacturing Execution Systems (MES) and enterprise quality management platforms, closing the loop between detection and corrective action while supporting automated decision-making initiatives.

Transportation: AI-Enabled Vehicle Diagnostics at the Edge

Within the transportation sector, Emdoor Information's rugged AI PCs are engineered to serve as intelligent mobile vehicle diagnostic workstations in service bays and fleet maintenance facilities. Through both wired protocols and wireless interfaces, the devices establish comprehensive vehicle-to-device diagnostic links to capture real-time data from engine, transmission, chassis, and electronic subsystems.

Fault prediction and guided vehicle diagnostic applications run locally on the device, enabling rapid parsing of complex fault codes and identification of system anomalies without relying on garage-wide network infrastructure. A standout capability integrates local large language models (LLMs) with structured technical knowledge bases, functioning as an AI-assisted diagnostic advisor that helps technicians derive logical, step-by-step troubleshooting sequences from reported fault symptoms and vehicle behavior patterns. This compresses mean-time-to-repair and reduces dependency on centralized technical support.

Product Portfolio: AI Rugged Laptops, Tablets, and Copilot+ PCs

To accommodate diverse deployment scenarios, Emdoor Information's rugged AI PC portfolio spans multiple rugged form factors with clearly differentiated performance profiles. Organizations requiring high compute density in traditional clamshell designs can select Intel Meteor Lake-powered AI rugged laptops (EM-X14M, EM-X15M) for balanced performance and power efficiency, or AMD Ryzen-powered AI rugged laptops (EM-A14, EM-A15) for peak AI throughput. For field engineers, inspectors, and mobile operatives, Intel-powered AI rugged tablets-the Meteor Lake-based EM-I14M and the Lunar Lake-based EM-I10L and EM-I20L-deliver substantial AI capability in highly portable chassis, serving as flexible AI-powered industrial tablets for mobile field operations.

Common features across the portfolio include high-capacity memory, scalable SSD storage, high-definition and high-brightness displays optimized for outdoor readability, backlit keyboards on laptop variants, and dual-battery designs featuring hot-swappable large cells to ensure continuous operation during extended shifts. Security is hardened through TPM 2.0 or fTPM 2.0 hardware protection modules and integrated fingerprint authentication. All AI rugged laptops feature a dedicated Copilot physical key, extending Copilot+ PC convenience to field professionals in harsh industrial environments. The key is configured to launch Windows Copilot or, in regions where the service is unavailable, to default to Windows Search functionality.

Customer Value: Operational Advantages of Rugged AI PCs

The convergence of these capabilities translates into measurable operational advantages for enterprises deploying rugged AI PCs at the edge. Faster decision-making emerges from localized AI inference that eliminates round-trip cloud latency. Greater reliability results from rugged hardware architectures engineered for continuous operation in physically demanding environments. Simpler integration is achieved through extensive native I/O that connects directly to existing cameras, sensors, machinery, and vehicle systems without adapter proliferation.

We Are Ready for the Mission-Critical Edge

"AI is increasingly moving to the edge, where decisions need to be made in real time and computing systems must operate reliably far beyond the confines of controlled IT environments," said a spokesperson for Emdoor Information. "By combining dedicated AI acceleration with purpose-built rugged computing platforms, we are helping our customers bring intelligent processing directly to where data is generated-whether on a high-speed production line, inside a busy vehicle service bay, or at a critical public safety incident scene."

With this integrated approach to rugged hardware design, heterogeneous AI acceleration, and industrial-grade connectivity, Emdoor Information is positioned to support the continued global deployment of intelligent edge computing, providing a robust, scalable foundation for organizations seeking to operationalize AI across industrial manufacturing, transportation, and mission-critical field applications.

About Emdoor Information

Emdoor Information (SZ: 001314) specializes in providing high-quality rugged mobile computing devices and customized solutions for industry clients worldwide. Its portfolio includes rugged handhelds, rugged tablets, rugged notebooks, vehicle PCs, and industrial panel PCs. For more information, visit www.emdoorrugged.com. Follow us on LinkedIn, YouTube, and Facebook.

Copyright 2026 GlobeNewswire, Inc.

*Speaking at the Asia-Pacific Conference of German Business in Seoul, Boehringer Ingelheim Chairman of the Board of Managing Directors, Shashank Deshpande, highlights the region's growing role

*Boehringer builds on its integrated R&D and manufacturing operations in Japan, a growing presence in China and an expanding network of collaborations and partnerships across the entire region

*Boehringer runs more than 200 clinical trials in Asia-Pacific and partners with some 160 institutions

*Marking 50 years in Korea, Boehringer reaffirms its long-term commitment to life science R&D in the country

Seoul, Korea - Boehringer Ingelheim today highlighted Asia-Pacific's increasing importance in global life science innovation. Speaking at the Asia-Pacific Conference of German Business (APK) 2026 in Seoul, Shashank Deshpande, Boehringer Ingelheim Chairman of the Board of Managing Directors, said that "Asia-Pacific is rapidly gaining importance as a major pillar in global life science innovation", driving patient access to new medicines and improving animal health and food chain safety and security.

"Predictable and science-friendly policy frameworks that attract investment are essential to improve access to new human and animal health products," Deshpande said. "As international competition for talent, research and development capabilities and investments is increasing globally, Asia-Pacific is rapidly gaining importance in life science innovation." He went on to explain: "We draw on Europe's scientific depth, the broad US innovation environment and Asia-Pacific's speed, scale and growing R&D capabilities to drive our global innovation engine. Our ability to integrate technologies and scientific expertise from around the world puts Boehringer in a strong position to deliver breakthrough innovation for the patients and animals we care for."

Partnering with Asia-Pacific

Boehringer Ingelheim's partnerships in Asia-Pacific span the full pathway from discovery to patient access. In 2025, the company conducted more than 200 clinical studies with more than 160 academic institutions across the ASEAN countries, Japan, Korea, Australia and New Zealand. Its screening programs for chronic kidney disease and heart failure have reached more than 72,000 people in Malaysia, the Philippines and Thailand, with several pilots now being scaled by local governments. In Animal Health, its "Stop Rabies" program has provided more than 65 million vaccine doses for dogs and cats across five Southeast Asian countries since 2022.

"Across Asia-Pacific, we increasingly innovate with the region, not only for it," said Deshpande. "Progress happens when governments, researchers, healthcare providers and industry work together. This is how ideas move from the lab into clinical practice and successful pilots into national health systems."

Bridging innovation ecosystems

Boehringer Ingelheim is advancing around 80 projects in its human pharma pipeline alone, with around 50% anchored in external collaborations. Boehringer has operated in Asia-Pacific since establishing its Japanese subsidiary in 1961, where it is one of the only foreign pharmaceutical companies with both R&D and manufacturing capabilities. In 2025, the company invested EUR 300 million in its Yamagata plant to expand its strategic positioning as an export hub for the Asia-Oceania region. Today, there are 65 local clinical studies with more than 1,900 participants, and its 2,280 employees contribute to our global research and manufacturing network.

50 years in Korea, focused on the future

As host of APK 2026, Korea reflects Asia-Pacific's growing strengths in AI-enabled drug discovery, health data and clinical research. Boehringer Ingelheim currently conducts around 50 clinical studies in the country and is expanding its partnerships across Korea's life science ecosystem. Marking 50 years in Korea, the company and Yuhan signed a Memorandum of Understanding on the sidelines of APK 2026, extending their partnership of more than 15 years into clinical and scientific collaboration, as well as patient access.

About Boehringer Ingelheim

Boehringer Ingelheim is a biopharmaceutical company active in both human and animal health. As one of the industry's top investors in research and development, the company focuses on developing innovative therapies that can improve and extend lives in areas of high unmet medical need. Independent since its foundation in 1885, Boehringer takes a long-term perspective. Our approximately 54,300 employees serve over 130 markets to build a healthier tomorrow. Learn more at www.boehringer-ingelheim.com.

Copyright 2026 GlobeNewswire, Inc.

Source: Hitachi Construction Machinery Co., Ltd.

Bringing "Solutions Beyond Machinery" to the World, Built on More Than 75 Years of Trust

TOKYO, JAPAN - Media OutReach Newswire - 30 October 2026 - Hitachi Construction Machinery Co., Ltd. (President and Executive Officer: Masafumi Senzaki; hereafter referred to as "Hitachi Construction Machinery") announces that it will change its trade name to LANDCROS Corporation and its corporate brand to "LANDCROS" effective April 1, 2027.

A global brand campaign has been launched to raise awareness of the new name "LANDCROS" among stakeholders worldwide, and to deepen their understanding of, and their expectations for, what LANDCROS is striving to achieve, and the value it brings. From November 2, we are unveiling four key graphics expressing "Solutions Beyond Machinery," and will gradually roll them out worldwide.

This global brand campaign is being implemented as a global initiative, aimed at countries and regions across the world where we operate, including South East Asia, Oceania, and Latin America.

"Solutions Beyond Machinery" - The Message of the New Global Brand Campaign

Since launching a mechanical excavator in 1950, Hitachi Construction Machinery has been one of the industry leader as a construction and mining machinery manufacturer for over 75 years, and has built a reputation for "Reliable Solutions."

"Solutions Beyond Machinery" is the message that expresses what LANDCROS is, the new corporate brand that will keep evolving into the future and its' aims to be and the value it delivers. This expresses our determination to go beyond simply supplying hardware such as construction machinery and mining machinery, but to provide solutions that solve the real issues confronting customers with construction sites, and society, through open collaboration with partners.

In this global brand campaign, LANDCROS is portrayed as the response to customer challenges through Reliability, built on the Japanese manufacturing excellence and global service network we have inherited; Openness, through collaboration with partners both inside and outside the company; and professionalism, grounded in deep expertise and understanding of worksites.

In addition to developing next-generation construction machinery combining AI, robotics, sensing, and communication technologies, LANDCROS aims to provide integrated support that includes services and digital solutions. Through these efforts, we aim to contribute to stable machine operation and improved safety and productivity at worksites, while creating new value beyond the boundaries of the industry.

Hitachi Construction Machinery will continue to develop LANDCROS, its new corporate brand, as a brand that consistently delivers innovative solutions beyond the traditional boundaries of a construction machinery manufacturer.

Comment from Masafumi Senzaki, President and COO, Hitachi Construction Machinery

For more than 75 years, we have worked closely with customers at worksites around the world, continuously strengthening our Japanese manufacturing capabilities and our global sales and service capabilities. The unwavering trust we have built along the way will remain at the heart of who we are, even as we become LANDCROS.

At the same time, as the challenges facing our customers and their worksites become increasingly diverse and complex, the role expected of us is also changing significantly. That is why we will continue to evolve the strengths we have built over the years, demonstrating Professionalism through our deep understanding of worksites, listening closely to our customers, and embracing Openness by connecting and collaborating with a wide range of partners.

"Solutions Beyond Machinery" embodies our determination to go beyond the boundaries of machinery, create new value together with our customers, and shape the future of worksites. Through this global brand campaign, we will share this ambition with people around the world.

Trademark Notes

LANDCROS is a registered trademark of Hitachi Construction Machinery Co., Ltd.

Related Information

- October 28, 2025 News Release "Hitachi Construction Machinery Changes Trade Name to LANDCROS Corporation"

- LANDCROS Special Site

About Hitachi Construction Machinery Co., Ltd.

Hitachi Construction Machinery (TSE: 6305), headquartered in Tokyo, Japan, is a global construction machinery manufacturer engaged in the development, manufacturing, sales, and servicing of products such as hydraulic excavators, wheel loaders, compaction equipment, and mining machinery.

In addition to the company's new machinery business, it is expanding its "value chain businesses" that include parts and services, remanufacturing (parts and machines), rentals, and used equipment. The company continues to grow with its customers as a solutions provider delivering innovative solutions. With roughly 25,000 employees around the world, the consolidated sales revenue for Hitachi Construction Machinery was 1,405.5 billion yen for fiscal year 2025 (ended March 2026), of which overseas sales revenue accounted for 84%. For more details, see the  Hitachi Construction Machinery website.

The company plans to change its trade name to "LANDCROS Corporation" and its corporate brand to "LANDCROS" on April 1, 2027.

Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.

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

Hashtags: #Landcros

WUHU, Tiongkok, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Pada sore hari tanggal 20 Oktober, LUXEED Global Media Long-Distance Test Drive tiba di tujuan akhir, Guangde Proving Ground, setelah menempuh perjalanan sejauh 185 kilometer. Pencapaian ini sekaligus menandai dimulainya serangkaian uji performa ekstrem.

Dengan memanfaatkan lintasan oval berkecepatan tinggi dan berbagai pengujian berkendara yang menantang, Stormax, model mewah berperforma tinggi dari LUXEED, menunjukkan kemampuannya kepada awak media otomotif dan para pemuka pendapat (KOL) dari UEA, Thailand, Indonesia, serta pasar lainnya.

Tenaga dan Pengereman yang Harmonis: Performa Penuh Keyakinan

Stormax menunjukkan kemampuan tenaga dan pengeremannya melalui serangkaian uji performa tinggi. Arsitektur listrik murni 800V dan sistem penggerak semua roda dengan dua motor listrik menghasilkan daya maksimum 460 kW dan torsi maksimum 775 Nm. Dengan mengaktifkan mode Boost sekali sentuh, Stormax mampu berakselerasi hingga mencapai kecepatan lebih dari 250 km/jam di lintasan oval berkecepatan tinggi.

Dalam uji pengereman dari kecepatan 100 km/jam hingga berhenti, Stormax mampu berhenti dengan jarak pengereman kurang dari 34 meter. Kaliper rem enam piston yang dipadukan dengan ban berperforma tinggi memberikan kemampuan pengereman yang kuat, bahkan dalam kondisi pengujian yang berat.

Rekayasa Presisi dan Pengendalian Sasis: Tetap Percaya Diri Hingga Batas Performa

Stormax juga menunjukkan kemampuan pengendaliannya melalui tiga pengujian yang menantang, yaitu uji moose pada kecepatan lebih dari 82 km/jam, uji S-slalom, dan uji berkendara melingkar dengan kondisi stabil. Performa Stormax mendapat tanggapan positif dari para perwakilan media di lokasi pengujian.

Sistem sasis dan aerodinamika kendaraan bekerja sama untuk mendukung stabilitas dan pengendalian yang presisi. Diffuser aktif berukuran besar dan desain aerodinamisnya menghasilkan gaya tekan ke bawah (downforce). Di sisi lain, suspensi depan double-wishbone, suspensi belakang independen multi-link, suspensi udara dua ruang, sistem peredaman yang dikendalikan secara kontinu (CDC), serta sistem Vehicle Motion Control (VMC) bekerja secara terkoordinasi untuk mengendalikan dinamika kendaraan.

Akhir yang Mengesankan: Memperkenalkan Janji Merek LUXEED kepada Audiens Global

Keberhasilan menuntaskan rangkaian uji performa ekstrem di Guangde Proving Ground menandai berakhirnya LUXEED Global Media Long-Distance Test Drive. Melalui teknologi cerdas, desain yang berfokus pada kemewahan, dan performa berkendaranya, LUXEED menunjukkan kemampuan sejumlah kendaraannya kepada media internasional. LUXEED juga memperkenalkan visinya tentang kemewahan cerdas dan kenikmatan berkendara kepada audiens di berbagai pasar global.

Copyright 2026 GlobeNewswire, Inc.

MEXICO CITY, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Fundacion Reintegra has been named the Mexican winner of the F1 Allwyn Global Community Award at the FORMULA 1 GRAN PREMIO DE LA CIUDAD DE MEXICO 2026.

The organisation, which for four decades has specialised in violence prevention and adolescent rehabilitation, has been awarded EUR100,000 from Allwyn, the lottery-led entertainment company. The donation will enable it to support a further 80 adolescents in contact with the justice system to prevent recidivism and facilitate social reintegration.

In Mexico, young people who have come into contact with the justice system face urgent, high-need social challenges that typically receive less visibility and support. Many of these young people face underlying factors such as unresolved trauma, a lack of family support and constructive opportunities. Creating real alternatives for these adolescents and reducing the likelihood of reoffending is a critical challenge affecting local safety and future opportunities.

Fundaci?n Reintegra tackles this issue through a proven model where nine out of ten adolescents who complete its social reintegration programme do not reoffend. The EUR100,000 donation from Allwyn will allow Reintegra to scale this work, providing 80 adolescents and their families with comprehensive individual and family support, socio-emotional skill development, and work-readiness opportunities to help build a life plan away from violence. A prime example is the initiative's bakery social enterprise, which trains and employs young people undergoing community reintegration in artisanal baking and pastry production, equipping them with technical skills, formal work experience, and practical employability.

The organisation's relationship with Formula 1 is already established through a practical connection to the Grand Prix. The FORMULA 1 GRAN PREMIO DE LA CIUDAD DE MEXICO currently supports Reintegra's vocational programme by purchasing bread from their bakery for use in its hospitality areas, demonstrating how race operations help drive positive social impact in the local community.

Jan Karas, CEO at Allwyn Hellas and F1 Allwyn Global Community Award judge, said: "Our goal with the F1 Allwyn Global Community Award is to drive a meaningful, lasting impact in local communities around the world. Fundaci?n Reintegra exemplifies this commitment to transformative change, and we are proud to support their vital work where it matters most."

Margarita P?rez Rocha, Chair of Fundaci?n Reintegra's Board of Directors, said: "We are thrilled to have won the F1 Allwyn Global Community Award. It is crucial to create real opportunities and provide at-risk young people with the tools they need to make different choices and build a different future. To reduce violence and build safer communities, we must address its causes and invest in prevention, socio-emotional development, and opportunities that help build a life away from violence. This donation from Allwyn will help us do exactly that for so many more adolescents and their families who need our support."

Ellen Jones, Head of ESG at Formula 1 and F1 Allwyn Global Community Award judge, added: "At Formula 1, we're focussed on creating meaningful impact in the markets where we race. Fundaci?n Reintegra represents a perfect alignment with this vision. The Mexican Grand Prix already support their incredible work-readiness programme by purchasing their bread for our Grand Prix hospitality, and we are thrilled to further champion their bold, strategic efforts to help young people build a sustainable future."

Fundacion Reintegra is the sixth non-profit to be recognised by the F1 Allwyn Global Community Award in 2026. This follows the Canadian charity La Tablee des Chefs; Austrian non-profit Sindbad Mentoring; the British Starlight Children's Foundation; Dutch charity Spieren voor Spieren; and the recent winner in Austin, the Del Valle ISD Education Foundation. Another organisation will be recognised at the final Grand Prix race location this season in Las Vegas. After all the season's winners have been announced, Formula 1 fans will have the chance to cast their vote on their favourite winning initiatives as part of Allwyn's plan to bring fans closer to the programme.

About Allwyn

Allwyn AG is a multi-national gaming entertainment company, lottery-led and with leading market positions and trusted brands across Europe and North America, listed on Euronext Athens. Its purpose is to make play better for all by focusing on innovation, technology, player safety and returning more to good causes across a growing casual gaming entertainment portfolio.

About Allwyn's partnership with Formula 1

The multi-year partnership with Formula 1 represents a drive towards increased global awareness for Allwyn, with the sport's 24 races across the globe, 750 million fans, and 96 million social media followers, as well as its reach across broadcast channels and entertainment outlets.

The partnership will reinforce Allwyn's position as an international brand driving community impact across the world, in support of its global growth plans.

At the heart of the partnership is the development of initiatives that will support the company's ambition to be a positive contributor to society globally. With Allwyn and Formula 1 equally committed to empowering fans and local communities, the partnership will give Allwyn the opportunity to utilise the sport's ever-growing international fan base to celebrate those making positive change, sharing these inspiring stories on a global level.

About Formula 1

Formula 1 racing began in 1950 and is the world's most prestigious motor racing competition, as well as the world's most popular annual sporting series. Formula One World Championship Limited is part of Formula 1 and holds the exclusive commercial rights to the FIA Formula One World Championship. Formula 1 is a subsidiary of Liberty Media Corporation (NASDAQ: FWONA, FWONK, LLYVA, LLYVK) attributed to the Formula One Group tracking stock. The F1 logo, F1 Formula 1 logo, Formula 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX, PADDOCK CLUB and related marks are trademarks of Formula One Licensing BV, a Formula 1 company. All rights reserved.

Further information about the F1 Allwyn Global Community Award, including eligibility criteria and the selection process, can be found on our website: https://www.allwyn.com/responsibility/community-award.

About Fundaci?n Reintegra

Fundaci?n Reintegra is a civil society organisation with more than 40 years of experience in violence prevention and the social reintegration of adolescents. Through a comprehensive, proven, and measured model, Reintegra works with adolescents and their families to strengthen socio-emotional skills, family and community relationships, and access to educational, employment, and personal development opportunities.

Reintegra's work demonstrates that social reintegration can produce sustainable results and that, by strengthening the capacities of adolescents and their families, it is possible to prevent violence, reduce reoffending, and build safer communities. For more information, visit: www.reintegra.org.mx

Copyright 2026 GlobeNewswire, Inc.

Expands Robotics-as-a-Service (RaaS) footprint in Singapore's premier hospitality hub, delivering autonomous fleet delivery, smart lift integration, and operational productivity enhancements.

SINGAPORE, Oct. 30, 2026 (GLOBE NEWSWIRE) -- YYForce Inc. (NASDAQ: YFOR) ("YYForce" or the "Company"), a leading technology-driven workforce management and integrated facility solutions provider, today announced the commercial deployment of an 11-robot autonomous service fleet at the dual-branded Novotel Singapore on Stevens and Mercure Singapore on Stevens complex.

Under the 24-month commercial agreement, YYForce is deploying a specialized fleet of autonomous service robots engineered to streamline intra-hotel logistics, guest room deliveries, and inter-floor service workflows across the property's extensive hospitality infrastructure. The deployment reflects an ongoing commitment to advancing Physical AI and automation across commercial real estate portfolios.

Key Highlights of the Commercial Deployment:

Scalable Fleet Architecture: An integrated 11-robot service ecosystem operating seamlessly across daily hospitality and housekeeping workflows to enhance guest engagement and reduce routine service transit times.

Full-Stack Building Automation: End-to-end multi-floor navigation powered by dedicated elevator IoT and API systems integration, allowing the fleet to autonomously call lifts and traverse the multi-tower development.

Telephony & PBX Ecosystem Connectivity: Seamless interoperability with hotel Private Branch Exchange (PBX) and SIP communication protocols, enabling direct in-room automated guest notifications and real-time operational coordination.

Commercial RaaS Growth: Highlights the expanding enterprise adoption of YYForce's Robotics-as-a-Service (RaaS) framework, which delivers recurring high-margin service revenue while eliminating capital expenditure barriers for hospitality partners.

"The commercial deployment of our 11-robot autonomous fleet at Novotel and Mercure on Stevens represents a major operational milestone in physical AI and hospitality automation. By integrating advanced multi-floor elevator IoT, communication networks, and fleet robotics into established enterprise workflows, we are actively solving service labor constraints while driving tangible productivity gains. This deployment underscores the accelerating market demand for our integrated RaaS platform across Southeast Asia's premium hotel assets." - Mike Fu, Chairman and Chief Executive Officer of YYForce Inc.

The 11-unit deployment serves as a commercial blueprint for YYForce's continued rollout of embodied physical AI and smart automation solutions across commercial hospitality and integrated facility management portfolios throughout the Asia-Pacific region.

About YYForce Inc.

YYForce Inc. (NASDAQ: YFOR) is an innovative technology enterprise redefining workforce management, integrated facility services, and commercial operations through AI-enabled platforms and autonomous robotics. Leveraging proprietary marketplace tech, intelligent staffing algorithms, and smart robotics deployment, YYForce empowers enterprise clients across hospitality, logistics, healthcare, and commercial real estate to optimize productivity, enhance service delivery, and navigate the future of work.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on the Company's current expectations, assumptions and information available to it as of the date of this release. Forward-looking statements can be identified by words such as "may," "will," "should," "expects," "anticipates," "plans," "intends," "believes," "estimates," "potential" or similar expressions, or the negative of these terms.

Forward-looking statements in this release include, but are not limited to, statements regarding the timing, scope and expected outcomes of the Company's humanoid robot deployment; potential hospitality and other applications of humanoid robotics; the Company's robotics strategy and future robotics services; and the development, commercialization and adoption of humanoid technologies generally.

Forward-looking statements involve inherent risks and uncertainties, and the forward-looking events discussed in this press release may not occur, actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about the Company and a number of factors.

These factors include, but are not limited to, the Company's goals and strategies; the Company's future business development, financial condition and results of operations, including the introduction of new products and services, expected changes in the Company's revenues, costs and expenditures, anticipated customer growth, and demand for and market acceptance of the Company's products and services; and industry, market and regulatory conditions, including competition, government policies and regulations affecting the Company's industry, and other factors that may affect the Company's financial condition, liquidity and results of operations.

For a more detailed discussion of risk factors, please refer to the Company's filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" section of the Company's most recent annual report on Form 20-F, as amended. Readers should also consider the risks described in the Company's filings with the U.S. Securities and Exchange Commission. YYForce undertakes no obligation to update these statements except as required by applicable law.

Copyright 2026 GlobeNewswire, Inc.

1. Space42 dan Viasat, dua perusahaan pendiri Equatys, bersama Terrestar Solutions menandatangani nota kesepahaman (MoU) untuk mengembangkan kerangka kerja interoperabilitas terbuka berbasis standar antara Equatys dan konstelasi satelit CaStar milik Terrestar 

2. Setiap operator infrastruktur akan tetap memiliki dan mengendalikan aset antariksa dan aset darat serta pelanggan masing-masing. Sementara itu, CaStar akan beroperasi sebagai sistem berdaulat milik Kanada yang tetap dapat terhubung dan beroperasi bersama Equatys secara global

3. Kerangka kerja infrastruktur bersama ini menggabungkan aset yang dikendalikan oleh masing-masing negara dengan infrastruktur satelit bersama berskala global sehingga memungkinkan peningkatan skala dan manfaat ekonomi. Kerangka kerja ini juga mendukung penyediaan layanan konektivitas langsung ke perangkat (direct-to-device) generasi berikutnya serta layanan satelit bergerak canggih bagi negara, perusahaan, dan konsumen di seluruh dunia

OTTAWA, Ontario, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Space42 (ADX: SPACE42), perusahaan Teknologi Antariksa (SpaceTech) berteknologi AI yang berbasis di UEA, Viasat, Inc. (NASDAQ: VSAT), pemimpin global dalam komunikasi satelit dan komunikasi aman, serta Terrestar Solutions Inc., satu-satunya operator layanan satelit bergerak berdaulat di Kanada, hari ini menandatangani nota kesepahaman (MoU) untuk bekerja sama mengembangkan kerangka kerja interoperabilitas terbuka berbasis standar antara CaStar, konstelasi satelit orbit Bumi rendah (LEO) Kanada yang direncanakan oleh Terrestar, dan Equatys, platform infrastruktur bersama global yang direncanakan untuk layanan konektivitas langsung ke perangkat (D2D) serta Layanan Satelit Bergerak (MSS) canggih lainnya.

MoU tersebut ditandatangani di sela-sela kunjungan resmi Yang Mulia Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Putra Mahkota Abu Dhabi, Uni Emirat Arab, ke Kanada. Dalam kunjungan tersebut, Yang Mulia menghadiri pembicaraan dengan Yang Terhormat Mark Carney, Perdana Menteri Kanada.

Kerangka kerja ini dirancang agar kedua sistem, beserta segmen darat masing-masing, dapat terhubung dan beroperasi bersama sebagai infrastruktur jaringan nonterestrial (NTN) multisistem yang terkoordinasi. Setiap operator akan tetap memiliki dan memegang kendali penuh atas asetnya masing-masing. Pendekatan ini dirancang untuk mendukung penerapan dalam skala global sekaligus menjaga kedaulatan nasional atas infrastruktur komunikasi yang vital.

MoU ini mendorong pengembangan model kemitraan yang memadukan posisi Terrestar sebagai penyedia MSS yang dikendalikan dan dioperasikan oleh pihak Kanada dengan peran Equatys sebagai infrastruktur global bersama yang bersifat interoperabel dan mendukung banyak tenant. Infrastruktur ini memungkinkan penyediaan layanan D2D dan MSS canggih dalam lingkungan jaringan 5G. Kolaborasi antara para pendiri Equatys dan Terrestar menjadi contoh pertama penerapan pendekatan "sovereign shell" dari Equatys.

Pendekatan ini menggabungkan sistem komersial global dengan konstelasi satelit yang dioptimalkan untuk negara atau wilayah tertentu. Setiap konstelasi memiliki segmen darat khusus dan dioperasikan oleh operator lokal tepercaya. Seluruh sistem dibangun berdasarkan standar yang sama untuk memastikan interoperabilitas penuh antarsistem.

Para pihak berencana menetapkan lapisan interoperabilitas bersama yang terbuka dan berbasis standar, tanpa bergantung pada integrasi point-to-point dengan teknologi milik pihak tertentu. Pendekatan ini diharapkan dapat mendorong kolaborasi, meningkatkan adopsi, mengurangi belanja modal dan biaya operasional, serta memungkinkan koordinasi yang lebih baik dalam pengelolaan daya, berkas sinyal (beam), kapasitas, dan akses gateway darat di antara sistem yang berpartisipasi.

Pengumuman hari ini menyusul penandatanganan perjanjian yang mengikat antara Space42 dan Viasat pada September 2026 untuk bersama-sama mendirikan Equatys. Pendirian Equatys didukung oleh komitmen penyertaan modal gabungan hingga USD 1 miliar.

Dalam kesempatan tersebut, Karim Michel Sabbagh, Managing Director Space42, mengatakan: "MoU ini menunjukkan bagaimana sistem satelit berdaulat dan infrastruktur global bersama dapat beroperasi secara terintegrasi untuk menyediakan layanan D2D di seluruh dunia. Terrestar tetap mempertahankan posisinya sebagai operator MSS independen di Kanada sekaligus menjajaki peluang untuk berpartisipasi dalam ekosistem yang lebih luas. Kami memperkenalkan model yang memungkinkan kemampuan nasional dan kolaborasi internasional saling memperkuat, bukan saling bersaing."

Mark Dankberg, Chairman dan CEO Viasat, mengatakan: "Dengan mengembangkan arsitektur terbuka global berbasis standar yang dilengkapi kerangka kerja interoperabilitas melalui model infrastruktur bersama, kami terus memperluas ekosistem yang memiliki posisi unik untuk mendorong adopsi massal di pasar D2D dan MSS generasi berikutnya yang signifikan. Kolaborasi dengan Terrestar ini menegaskan pendekatan inovatif Equatys dalam menyediakan landasan yang mendukung pilihan dan interoperabilitas. Pendekatan ini juga memberikan manfaat ekonomi yang menarik melalui efisiensi geografis dan spektrum bagi operator antariksa global, regional, dan nasional yang berpartisipasi. Equatys berkomitmen untuk bekerja sama dengan berbagai pihak di industri antariksa global serta ekosistem yang lebih luas, termasuk MNO, OEM, pemasok chipset, regulator, dan badan standardisasi."

Jacques Leduc, Presiden dan CEO Terrestar Solutions, mengatakan: "Masa depan konektivitas satelit bergerak tidak akan dibangun oleh negara atau konstelasi satelit yang bertindak sendiri-sendiri. Masa depan tersebut akan dibangun melalui jaringan terbuka berbasis standar yang menggabungkan kedaulatan nasional dan jangkauan global, sekaligus memperkuat posisi kami untuk bersaing dalam skala besar. Melalui kerja sama erat dengan ekosistem antariksa Kanada, CaStar menjadi kontribusi Kanada dalam mewujudkan masa depan tersebut. CaStar dikendalikan oleh pihak Kanada, terhubung secara global, dan dirancang untuk bekerja sama dengan negara-negara berkekuatan menengah lainnya seperti Kanada. Kami berharap dapat turut membangun jaringan yang benar-benar berskala global bersama mitra kami di Space42 dan Viasat.

Terrestar berambisi mengintegrasikan jaringan seluler berbasis satelit dan terestrial secara lancar untuk menghadirkan konektivitas pada perangkat sehari-hari. Tujuan kami adalah mewujudkan konektivitas satelit bergerak yang dapat dinikmati oleh setiap warga Kanada, di mana pun mereka tinggal, bekerja, atau bepergian di seluruh dunia. MoU ini barulah permulaan."

Yang Mulia Dr. Thani bin Ahmed Al Zeyoudi, Menteri Perdagangan Luar Negeri, mengatakan: "Hubungan perdagangan dan investasi antara UEA dan Kanada semakin erat, sebagaimana tercermin dalam Perjanjian Kemitraan Ekonomi Komprehensif yang baru saja ditandatangani. Hubungan ini menjadi landasan bagi kerja sama jangka panjang yang saling menguntungkan di sektor-sektor penting. Nota kesepahaman antara Space42, Viasat, dan Terrestar Solutions merupakan contoh nyata dari kerja sama tersebut. Kesepakatan ini menyatukan perusahaan-perusahaan dari UEA, Amerika Serikat, dan Kanada untuk mengembangkan infrastruktur bersama berbasis standar bagi konektivitas satelit generasi berikutnya. Kolaborasi semacam ini mencerminkan visi UEA untuk mempererat integrasi ekonomi melalui kemitraan yang mendorong inovasi lintas negara, dapat berkembang dengan cepat, dan menarik modal jangka panjang."

Kerangka Kerja Kemitraan

MoU ini mencerminkan peralihan dari sistem satelit tertutup yang dioperasikan oleh satu operator menuju model terbuka berbasis standar. Melalui model ini, konstelasi satelit independen dapat terhubung dan beroperasi bersama sebagai infrastruktur NTN multisistem yang terkoordinasi. Berdasarkan kerangka kerja yang diusulkan, para pihak akan menetapkan lapisan interoperabilitas bersama yang terstandardisasi untuk menghubungkan segmen antariksa dan segmen darat masing-masing. Lapisan ini akan mengandalkan antarmuka yang dipublikasikan dan tidak terikat pada vendor tertentu, serta selaras dengan spesifikasi 3GPP NTN, kerangka kerja roaming dan interkoneksi GSMA, serta standar industri lainnya yang diakui. Dengan demikian, ketergantungan pada teknologi milik vendor tertentu dapat dihindari.

Setiap operator yang berpartisipasi akan tetap memegang kendali atas aset antariksa dan aset darat, perizinan, serta hubungan dengan pelanggan masing-masing. Interaksi dengan sistem lain hanya akan dilakukan melalui antarmuka yang telah disepakati. Dalam batasan tersebut, setiap sistem akan menyediakan sumber daya dan kemampuan yang telah ditentukan, seperti daya, beam, dan akses gateway, bagi sistem lainnya. Penyediaan ini didukung oleh mekanisme bersama untuk permintaan sumber daya, alokasi, pemantauan, pencatatan penggunaan, serta penyelesaian pembayaran.

Kerangka kerja ini juga dirancang untuk menghormati kedaulatan dan keamanan nasional. Infrastruktur sistem yang melayani yurisdiksi tertentu dapat ditempatkan dan dioperasikan dengan mematuhi ketentuan setempat terkait peraturan, keamanan, dan akses yang sah. Sebagai contoh, di Kanada, konstelasi CaStar akan beroperasi sebagai sistem nasional yang berdaulat, dengan gateway dan jaringan darat Kanada yang memastikan data domestik tetap berada dalam yurisdiksi Kanada. Sistem ini juga dapat terhubung dan beroperasi bersama Equatys dalam skala global.

Terakhir, kerangka kerja ini dirancang agar dapat diperluas untuk mengakomodasi sistem satelit, operator jaringan seluler, dan penyedia layanan tambahan dari waktu ke waktu. Kerangka kerja ini juga dapat terus berkembang mengikuti rilis-rilis standar industri berikutnya.

Tentang Equatys

Equatys akan menjadi platform infrastruktur antariksa dan darat bersama yang independen dan netral bagi pemegang lisensi layanan konektivitas langsung ke perangkat dan layanan satelit bergerak canggih. Equatys didirikan bersama oleh Space42 dan Viasat berdasarkan perjanjian yang mengikat, dengan dukungan komitmen penyertaan modal gabungan hingga USD 1 miliar. Dengan menerapkan model Perusahaan Menara Telekomunikasi, Equatys dirancang untuk memberikan manfaat ekonomi dan kinerja yang menarik bagi operator global, regional, dan nasional yang memiliki lisensi MSS dan/atau SCS yang sesuai.

Platform ini juga memungkinkan peserta ekosistem memperoleh pilihan, interoperabilitas, dan akses NTN yang menarik secara ekonomi. Seiring bertambahnya jumlah pengguna melalui akses ke spektrum yang terkoordinasi secara global, Equatys berupaya mendorong pertumbuhan yang terus meningkat dan menciptakan nilai berkelanjutan bagi pemegang saham. Platform ini sedang dibangun berdasarkan standar 3GPP NTN.

Untuk mengetahui informasi selengkapnya, kunjungi www.equatys.com

Tentang SPACE42

Space42 (ADX: SPACE42) merupakan perusahaan Teknologi Antariksa (SpaceTech) berteknologi AI yang berbasis di UEA. Perusahaan ini mengintegrasikan komunikasi satelit dan kecerdasan geospasial untuk menerangi Bumi dari ruang angkasa. Space42 beroperasi melalui dua unit bisnis.

Space Services mengoperasikan armada satelit geostasioner, termasuk jaringan seluler Thuraya, untuk menyediakan konektivitas yang aman di darat, laut, dan udara di lebih dari 120 negara. Smart Solutions mengoperasikan konstelasi satelit radar apertur sintetis di orbit Bumi rendah yang mencakup 90% populasi dunia. Unit bisnis ini menggunakan AI untuk mengolah citra tersebut menjadi informasi yang dapat ditindaklanjuti. Space42 melayani pemerintah dan perusahaan di berbagai sektor, termasuk pertahanan dan keamanan, energi, pelestarian lingkungan, serta mobilitas otonom. Pemegang saham utamanya mencakup G42, Mubadala, dan International Holding Company (IHC).

Tentang Viasat

Viasat merupakan perusahaan komunikasi global yang percaya bahwa setiap orang dan setiap hal di dunia dapat terhubung. Dengan kantor di 24 negara di seluruh dunia, misi kami membentuk cara konsumen, bisnis, pemerintah, dan militer di seluruh dunia berkomunikasi dan terhubung.

Viasat tengah mengembangkan jaringan komunikasi global terbaik untuk mendukung koneksi berkualitas tinggi, andal, aman, terjangkau, dan cepat. Jaringan ini dirancang untuk memberikan dampak positif bagi kehidupan masyarakat di mana pun mereka berada, baik di darat, udara, maupun laut, sekaligus membangun masa depan yang berkelanjutan di luar angkasa. Pada Mei 2023, Viasat menyelesaikan akuisisi Inmarsat, menggabungkan tim, teknologi, dan sumber daya kedua perusahaan untuk menciptakan mitra komunikasi global baru. Pelajari lebih lanjut di www.viasat.com, Viasat News Room atau ikuti kami di LinkedIn, X, Instagram, Facebook, Bluesky, Threads, dan YouTube.

Tentang Terrestar Solutions

Terrestar Solutions Inc. merupakan satu-satunya operator satelit bergerak yang dikendalikan oleh pihak Kanada dan turut bersaing untuk menghadirkan layanan satelit langsung ke perangkat (D2D) pada ponsel pintar dan perangkat IoT. Perusahaan ini juga berupaya mewujudkan komunikasi yang dapat diakses di mana saja di Kanada.

Terrestar berkomitmen untuk terus mengembangkan ekosistem jaringan terbuka berbasis standar yang senantiasa berkembang sehingga memungkinkan operator jaringan seluler menyediakan layanan komunikasi yang dapat diakses di mana saja. Berkat satelit Echostar T1, infrastruktur jaringan darat, dan spektrum satelit bergerak pita S sebesar 40 MHz, Terrestar menghubungkan masyarakat Kanada dari hampir seluruh wilayah negara tersebut, termasuk daerah-daerah paling terpencil, melalui Layanan Satelit Bergerak (MSS) Strigo miliknya.

Layanan Strigo juga mendukung organisasi nirlaba dan organisasi First Nations, yang merupakan bukti kuatnya rasa tanggung jawab Perusahaan ini terhadap kesejahteraan dan kemajuan masyarakat yang dilayaninya. Konstelasi satelit orbit Bumi rendah (LEO) CaStar yang akan datang akan mendukung pengembangan layanan satelit agar mampu menghadirkan pengalaman konektivitas layaknya jaringan seluler di seluruh daratan Kanada. Untuk mengetahui informasi selengkapnya, kunjungi terrestarsolutions.ca atau ikuti mereka di LinkedIn.

Pemberitahuan Hukum dan Pernyataan Kehati-hatian terkait informasi berwawasan ke depan

Pengumuman ini memuat pernyataan berwawasan ke depan yang didasarkan pada ekspektasi dan asumsi saat ini mengenai peristiwa di masa mendatang, yang tunduk pada ketentuan perlindungan hukum (safe harbor) berdasarkan Undang-Undang Sekuritas AS Tahun 1933 dan Undang-Undang Bursa Sekuritas AS 1934. Pernyataan ini, yang ditandai dengan istilah seperti "memperkirakan", "akan", "mengantisipasi", "merencanakan", "dirancang", "menargetkan", atau istilah serupa, mengandung risiko dan ketidakpastian serta mungkin terbukti tidak akurat.

Pernyataan berwawasan ke depan mencakup, antara lain, pernyataan yang merujuk ke pembentukan Equatys; waktu dan jumlah penyertaan modal masing-masing pihak; penyediaan layanan D2D global dan layanan satelit bergerak canggih, termasuk waktu peluncuran komersial; pengadaan, perancangan, pembuatan, peluncuran, dan pengoperasian konstelasi generasi pertama Equatys beserta jaringan darat terkait; desain, model bisnis, fitur, kinerja, dan manfaat platform Equatys; kerangka kerja investasi, termasuk manfaat, risiko, dan imbal hasil yang diharapkan; penyelesaian perjanjian definitif, termasuk pemenuhan persyaratan regulasi dan persyaratan penyelesaian transaksi lainnya; serta rencana, tujuan, dan strategi operasional di masa mendatang. Pembaca diingatkan bahwa hasil aktual dapat berbeda secara signifikan dari yang dinyatakan dalam pernyataan berwawasan ke depan apa pun.

Faktor-faktor yang dapat menyebabkan hasil aktual berbeda meliputi: risiko dan ketidakpastian terkait pembentukan Equatys dan penyelesaian perjanjian definitif, termasuk kegagalan memperoleh persetujuan regulasi yang diperlukan; kegagalan memenuhi persyaratan penyelesaian transaksi tepat waktu atau tidak memenuhinya sama sekali; kemampuan para pihak untuk memenuhi komitmen penyertaan modal masing-masing; risiko yang terkait dengan pembangunan, peluncuran, dan pengoperasian satelit, termasuk dampak dari anomali, kegagalan peluncuran, pengoperasian, atau penempatan satelit, maupun penurunan kinerja satelit; perubahan hubungan dengan pelanggan, pemasok, atau mitra ekosistem utama, maupun kondisi keuangan mereka; kemampuan untuk berhasil mengembangkan, memperkenalkan, dan menjual teknologi, produk, serta layanan baru; peningkatan persaingan di pasar sasaran; kemampuan Equatys untuk berhasil melaksanakan rencana bisnisnya sesuai jadwal yang diperkirakan atau bahkan untuk melaksanakannya sama sekali; risiko regulasi; serta risiko lain yang secara umum memengaruhi industri komunikasi dan D2D.

Selain itu, silakan merujuk pada faktor-faktor risiko yang tercantum dalam dokumen Viasat yang disampaikan kepada SEC dan tersedia di www.sec.gov, termasuk Laporan Tahunan terbaru Viasat pada Formulir 10-K dan Laporan Triwulan pada Formulir 10-Q. Pembaca diingatkan agar tidak terlalu bergantung pada pernyataan berwawasan ke depan, yang hanya berlaku pada tanggal pernyataan tersebut dibuat. Para pihak tidak berkewajiban untuk merevisi atau memperbarui pernyataan berwawasan ke depan karena alasan apa pun.

Copyright 2026 GlobeNewswire, Inc.

HONG KONG, Oct. 30, 2026 (GLOBE NEWSWIRE) -- The "Empowering a Sustainable Future" Summit, co-hosted by The Hong Kong and China Gas Company Limited (Towngas) and the International Gas Union (IGU), was successfully held today.

Approximately 500 energy enterprise representatives, governmental officials, and scholars from around 70 countries and regions attended the Summit, discussing topics covering energy security, the green and low-carbon transition, and green finance. Over 1,000 people participated in the Summit both online and offline.

IGU is the world's most influential and authoritative international non-profit membership organisation of the global Gas industry, with members accounting for over 90% of the global Gas market. Amid a backdrop of geopolitical risks and energy price volatility, advancing the green transition while ensuring a stable and secure energy supply remains a shared challenge for the international energy industry.

Mr Tse Chin-wan, Secretary for Environment and Ecology, said in his keynote speech at the opening: "The HKSAR Government has formulated its first Five-Year Plan, which is our comprehensive roadmap for the future. Hong Kong is establishing green and low-carbon hydrogen standards and certification systems that align with both the Chinese mainland and international norms. We are also working on greening our port and developing sustainable aviation fuel, and are determined to bring the city through the green transformation."

Mr Andrea Stegher, President of the IGU, also echoed the core value of Gas in global development in his welcoming speech: "Sustainability, in the industry we represent, the Gas industry, means a fundamental role in sustaining and empowering human progress and global growth, as Gas is essential as an energy source, but also as a fundamental feedstock for fertilisers and for medicines, which are the two pillars of our civilisation today." Therefore, in these complex times, it is crucial to reflect on what sustainability really means.

Speaking of the future paths of energy evolution, Mr Peter Wong Wai-yee, Managing Director of Towngas, emphasised the synergy between traditional and emerging energy sources in his opening remarks: "Natural gas and renewables will be in partnership. Renewables provide incremental clean energy while natural gas ensures the stability of that expansion, jointly meeting surging demand while reducing emissions."

The Summit featured four keynote speeches and panel discussions, bringing together representatives from international energy organisations, energy companies, financial institutions and academic institutions from the Chinese mainland, Hong Kong and across the globe to exchange views and share forward-looking insights.

The first panel discussion featured in-depth discussions on the current state and future development of the natural gas industry. The speakers focused on the Asia-Pacific region's role as the engine of global natural gas growth, exploring three key priorities-diversification, flexibility, and collaboration in energy supply security-as well as long-term supply security. They concluded that "reliability and collaboration" will define the industry's direction over the next decade.

The second panel discussion focused on the development opportunities for the Chinese mainland's natural gas market under the dual carbon goals, as well as the green and low-carbon evolution pathways of the Chinese mainland and Hong Kong. Panellists provided an in-depth analysis of the current state of the natural gas industry and the challenges it faces. In light of the increasingly complex international environment, they recommended further diversifying sources of natural gas imports and optimising supply chain arrangements to mitigate the risk of supply disruptions arising from geopolitical risks.

The third panel discussion in the afternoon discussed strategic directions for Asia's energy development. Panellists from Japan, Singapore, and Malaysia exchanged views on their respective low-carbon transition pathways, suggesting leveraging existing gas pipeline infrastructure to avoid further large-scale investments, thereby reducing costs and shortening decarbonisation timelines. They also advocated for regional harmonisation of certification standards and financing cooperation mechanisms.

The fourth panel discussion focused on the financing of energy evolution. The panellists pointed out that energy security, energy affordability, and decarbonisation goals must advance in parallel, while the core bottleneck for evolution projects lies in their investability. Therefore, bankable projects are needed to support them in attracting capital investment and driving the energy evolution process.

Prior to the Summit, Towngas hosted the IGU Council Meeting in Hong Kong and organised site visits for delegates to its hydrogen pilot project at a padel court in Sai Kung and Hong Kong's first hydrogen-powered EV charging system for a commercial building. The visits provided delegates with first-hand insight into the latest progress of green energy applications in Hong Kong.

In addition, Towngas curated a series of cultural tours for guests, including visits to Hung Shing Temple in Wan Chai, heritage sites in Central and Sheung Wan districts, and Victoria Peak, offering them an opportunity to experience Hong Kong's rich historical heritage and cultural landscape. Towngas also arranged a Victoria Harbour night cruise, allowing guests to experience the unique charm of this dynamic international metropolis.

As the IGU's corporate member representing Hong Kong, Towngas has long been actively involved in the organisation's various international activities. Following its hosting of the Council Meeting and Summit in Hong Kong, Towngas will continue to support IGU's future events around the world, including the 30th World Gas Conference (WGC2028) to be held in London in 2028. Through these engagements, Towngas aims to further promote international exchange and collaboration while sharing with the global community the country's development achievements and Hong Kong's unique story.

Copyright 2026 GlobeNewswire, Inc.

Commissioned study finds payback in under six months and a six-month faster move to SAP S/4HANA

Boston, MA, Oct. 29, 2026 (GLOBE NEWSWIRE) -- smartShift today announced the results of a 2026 commissioned Total Economic Impact study conducted by Forrester Consulting. The study found that a composite organization using smartShift for SAP custom code transformation achieved a 254% ROI and $10.5 million in net present value over three years.

With SAP ECC mainstream support ending in 2027, many companies must move to SAP S/4HANA and fix large amounts of custom code along the way. Done manually, that work can take thousands of developer hours.

Forrester interviewed five smartShift customers and modeled their results as a composite organization with $60 billion in revenue and 150,000 custom ABAP objects. Over three years, that organization:

Avoided up to 99,840 manual developer hours of custom code remediation, worth $8.3 million

Retired 25% of its custom code as unused or redundant, saving $3.5 million in maintenance and support

Cut dual maintenance costs by 30% through automation

Finished its S/4HANA migration six months sooner, saving $1.1 million in legacy infrastructure costs

Reduced the likelihood of business disruption by 5% with more consistent, higher-quality custom code

"Our customers shouldn't have to commit large teams to years of manual custom code remediation to move to S/4HANA," said Vyom Gupta, President & COO at smartShift. "Forrester's findings show the business value of automation: faster migration, lower costs and reduced risk, freeing customers' teams to focus on innovation."

Key quotes from customers in the study:

"Something that would have taken us probably two years of remediation with an army of people and still having issues was done in six weeks." - DevOps manager, retail organization

"smartShift delivered quality. It yielded much better-quality results than if we did this work manually." - SAP delivery lead, grocery organization

The full study is available at https://smartshift.com/forrester-tei-study-2026.

About smartShift

smartShift is a global leader in SAP custom code transformation for SAP S/4HANA and Clean Core. They empower businesses to modernize their SAP landscapes, eliminate technical debt, and embrace future-ready development.

Their automated and patented AI-powered solutions deliver secure, stable, and optimized code addressing all custom code issues, not just those prioritized for manual remediation, with a fixed-price, fixed-timeline, and 100% quality guarantee. Trusted by SAP's largest customers, smartShift has a proven track record of modernizing over 3,300 SAP systems and converting more than 4 billion lines of custom code.  Learn more at smartshift.com.

Copyright 2026 GlobeNewswire, Inc.

WUHU, China, Oct. 29, 2026 (GLOBE NEWSWIRE) -- On October 21, LUXEED held its Global Brand Launch at Shenshan Intelligent Valley in Wuhu, where its two flagship models, LLounge and Stormax, made their global debut.

Jonathan James Hodder, Senior Designer of LUXEED, and Danny Xia, Vice President of LUXEED International, presented the design philosophy and technology architecture underpinning the two flagships, offering a comprehensive look at the thinking and engineering behind the vehicles.

Design: Reshaping Luxury Aesthetics Through "TIANDIRENHE"

LUXEED's global design philosophy, "TIANDIRENHE" (Heaven, Earth, and Humanity in Harmony), brings together three elements. Heaven shapes the vehicle's form through the principles of airflow, creating a body that flows naturally and confidently through the air. Earth connects design with the powertrain, making the underlying engineering a foundation for the vehicle's form. Humanity puts people first, with driving pleasure at the heart of the design process.

Supported by cutting-edge technology, relation between cabin-body-wheel position, the balance of light and shadow, and aerodynamic efficiency, LUXEED has established four major design aesthetics: Digital Aesthetic, Proportional Aesthetic, Sculptural Aesthetic, and Performance Aesthetic.

Guided by the ambition of "100 METERS, ONE GLANCE, RECOGNIZED," the two flagships express distinct design identities. LLounge conveys presence and refinement through its vertical L-shaped headlights, while Stormax projects a dynamic sense of speed through its horizontal dual-L headlights and wind-cut lines.

Inside the cabin, the design team has developed four defining dimensions: "CLEAR ARCHITECTURE," "LIVING AURA," "ICONIC TOUCH," and "SCULPTED SUPPORT." Color emphasizes "prismatic" shifts with changing light, while materials are guided by the principle of "touch the texture, sense the essence." Craftsmanship follows the standard of "precise to the detail, refined to perfection."

Technology: Reconstructing the Driving Experience Through Intelligent Anticipation

LUXEED's intelligent driving technology is built on three pillars: one-stage end-to-end learning, reinforcement learning, and world models. Together, these technologies aim to move beyond simply perceiving the environment toward understanding and anticipating it. Supported by world models and eight layers of hardware redundancy, the intelligent driving assistance system is designed to handle diverse road conditions, including urban streets and highways, while anticipating changes in the driving environment.

Inside the cabin, the 8397 intelligent chip, multimodal sensing architecture, and onboard AI model work together to recognize occupants' states and their surroundings, enabling more proactive, responsive interactions.

The Vehicle Motion Control (VMC) system coordinates six key vehicle systems: electric drive, thermal management, body control, steering, suspension, and braking. It achieves end-to-end decision latency of less than 1ms, with coordinated control capability more than 10 times that of traditional systems.

The chassis combines dual-chamber air suspension, dual-valve Continuous Damping Control (CDC), an all-aluminum double-wishbone front suspension, and a five-link rear suspension to balance ride comfort and vehicle stability. Rear-wheel steering of up to ?7? enables the over 5.3-metre-long LLounge to achieve a turning radius of just 5.35 metres, enhancing manoeuvrability despite its size.

Technology also enhances comfort, privacy, and safety. Adjustable-tint privacy glass can change to an opaque state in one second, with a shading rate of ≥99.6%. A privacy sound shield and 33-speaker audio system further enhance the cabin experience. Meanwhile, 2,400 MPa steel, wraparound airbags, and the 3-6-0 comprehensive safety system provide an additional foundation for occupant protection.

From its "TIANDIRENHE" design philosophy to its technology architecture built around intelligent anticipation, LUXEED brings design and engineering together to express a distinctive vision of luxury in the intelligent era. The global debut of LLounge and Stormax marks an important step in establishing the brand's global product portfolio.

Copyright 2026 GlobeNewswire, Inc.

WUHU, China, Oct. 29, 2026 (GLOBE NEWSWIRE) -- LUXEED staged its Global Brand Launch in Wuhu on October 21, unveiling its two flagships: the high-performance luxury sport SUV Stormax and the flagship luxury business MPV LLounge.

At the launch, LUXEED unveiled the core design and technologies underpinning the vehicles' driving dynamics, while defining its global proposition for driving pleasure. Stormax, a high-performance luxury sport model, is engineered for pure driving control, while LLounge, the brand's flagship luxury business model, focuses on effortless, refined comfort.

Although designed for different needs, both reflect LUXEED's belief that driving pleasure is not exclusive to sports cars, but the shared value at the core of both flagships.

Core Architecture: Engineering the Foundation of Driving Pleasure

Both flagships feature Vehicle Motion Control (VMC), which coordinates six vehicle domains-electric drive, braking, steering, suspension, body control and thermal management-to deliver precise, responsive handling. Both models are also equipped with dual-chamber air suspension and Continuous Damping Control (CDC) dampers, helping absorb road imperfections, control body movement and reduce roll through corners.

Stormax further enhances its driving dynamics with a suite of performance-focused hardware, including 6-piston fixed front calipers with FNC-ventilated brake discs, an all-aluminum double-wishbone front suspension with virtual steering axis and four ball joints, and a five-link independent rear suspension, adaptive to every road condition.

Combining global R&D capabilities with specialist chassis engineering and meticulous calibration, LUXEED brings hardware and software together to establish a strong foundation for driving pleasure.

Performance in Reserve: Confidence When It Counts

Building on LUXEED's AERO WING design language, Stormax features sculpted surfaces shaped to enhance aerodynamic efficiency and overall performance. With acceleration from 0 to 100 km/h in 3.8 seconds and a top speed of 251 km/h, it delivers serious performance. Yet the focus extends beyond outright speed to confident, composed control. When BOOST mode is activated, the powertrain delivers an immediate surge of power, putting exhilarating performance at the driver's command.

Big Vehicle, Nimble Handling: A Different Kind of Driving Pleasure

Despite its length of more than 5.3 metres, LLounge delivers agile, confident handling without compromising driving performance. Its rear-wheel steering system, with a steering angle of up to ?7?, helps the more-than-5.3-metre-long MPV achieve a turning radius of just 5.35 metres. The system enhances manoeuvrability during U-turns and parking while helping maintain stability at higher speeds. The result is a more agile, assured driving experience in a vehicle of this size.

Driving Pleasure that Sets You Free

For LUXEED, driving pleasure means making every journey more engaging. Built on a strong technical foundation, pioneering design, performance reserves and advanced chassis hardware, LUXEED delivers a responsive, agile and composed driving experience. Across models designed for different needs, the brand makes driving pleasure a defining part of the experience-bringing its promise of "Driving Pleasure that Sets You Free" to life.

At the launch, LUXEED also unveiled its global expansion roadmap. From 2026 to 2030, the brand plans to enter more than 60 markets worldwide, bringing its driving pleasure to more customers through "one global standard, one enriched experience" - consistent products, retail experiences and services across markets.

Copyright 2026 GlobeNewswire, Inc.

How does Pharmaprojects data reveal drug trends, competition and opportunities?

NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Citeline, a Norstella company and leading provider of clinical, drug and commercial intelligence for the life sciences industry, continues its partnership with LEO Pharma, a global leader in medical dermatology, to provide pharmaceutical pipeline intelligence.

Information on drugs in development is ingested from Citeline's Pharmaprojects database into LEO Pharma's proprietary AI tool, the Innoviewer, supporting LEO Pharma in monitoring industry competition as well as identifying market opportunities for partnerships, licensing and acquisitions.

Pharmaprojects contains 90,000 drug profiles - including 20,000 in active development - delivering a complete view of the global R&D pipeline across diseases, drugs, and companies. Spanning the drug development lifecycle from early discovery to launch, Pharmaprojects data also reveals medical device and AI-driven health trends.

"For over forty years, Pharmaprojects has provided the industry with timely, accurate and comprehensive information for drugs in development," says Suzanne Caruso, President, Citeline Clinical, Regulatory and Strategic Intelligence at Norstella. "Our data is curated by subject-matter experts who not only track trends but analyze them, too. This enables our customers, like LEO Pharma, to make highly informed business decisions. And with our API, we offer a seamless way for customers to integrate our gold-standard data into their own platforms."

"We are pleased to continue our collaboration with Citeline, integrating external data with our internal knowledge about skin biology and dermatology to help power our machine-assisted asset scouting and evaluation," says Mikkel Lundorf, Digital Lead, External Innovation, LEO Pharma A/S.

To learn more about Pharmaprojects, visit Citeline.com.

About Citeline

Citeline, backed by the strength of Norstella, the AI company for biopharma's highest-stakes decisions, powers a full suite of complementary business intelligence offerings to meet the evolving needs of life science professionals to accelerate the connection of treatments to patients and patients to treatments. These patient-focused solutions and services deliver and analyze data used to drive clinical-, commercial- and regulatory-related decisions and create real-world opportunities for growth.

Citeline's global teams of analysts, journalists and consultants keep their fingers on the pulse of the pharmaceutical, biomedical and medtech industries, covering them all with expert insights: key diseases, clinical trials, drug R&D and approvals, market forecasts and more. For more information on one of the world's most trusted health science partners, visit Citeline and follow on LinkedIn and X.

Copyright 2026 GlobeNewswire, Inc.

Source: PhotonPay

Led by Blockchain Capital, the funding will accelerate the expansion of PhotonPay's stablecoin-centric Financial OS, connecting stablecoin liquidity with global fiat networks to unlock digital assets for everyday corporate operations and cross-border settlement.

HONG KONG SAR - Media OutReach Newswire - 29 October 2026 - PhotonPay today announced the closing of a $40 million Series C funding round led by Blockchain Capital, with participation from new investor SBI Group and follow-on investments from existing investors IDG Capital, GL Ventures, and Lightspeed Faction. Blacksheep Technology acted as exclusive financial advisor to PhotonPay on the transaction.

The new capital will support the expansion of PhotonPay's stablecoin-centric Financial Operating System (Financial OS), with investment focused on enhancing multi-asset wallet capabilities, expanding global card issuing, strengthening local clearing infrastructure in key markets, and developing an agent-ready financial execution layer.

As of August 2026, PhotonPay's annualized transaction volume reached US$65 billion. The company has secured 34 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia, and serves over 200,000 business customers across more than 200 countries and territories.

As stablecoins move beyond crypto-native use cases into corporate treasury, settlement and commercial spending, PhotonPay sees the next phase of global finance not as a choice between stablecoins and fiat currencies, but as the convergence of both. Its Financial OS connects on-chain liquidity with the banking, clearing and card networks businesses rely on for everyday operations.

"Moving money across borders in seconds means little if it still takes days to put that capital to work," said Lewison Chen, Founder and CEO of PhotonPay. "Stablecoins are accelerating global money movement, while local clearing and global card issuing connect that liquidity to local settlement and everyday business spending. Our Financial OS brings these capabilities together, making the underlying infrastructure far less visible to businesses, even as it becomes more essential than ever."

"At the same time, business software is becoming increasingly autonomous," Chen added. "AI is shifting financial workflows from people manually operating fragmented tools toward systems that understand business intent and coordinate execution across assets, accounts and financial rails. That creates the foundation for agentic commerce. Stablecoins change how money moves. AI changes how it gets put to work. But commerce is still what money is for."

Moving Money Across Assets and Markets

PhotonPay's Financial OS brings together multi-asset wallets, global money movement, foreign exchange, local clearing, and global card issuing through an integrated API-first architecture. This unified system gives businesses access to the financial capabilities they need to manage and deploy funds across markets.

Stablecoins sit at the core of this architecture. PhotonPay's multi-asset wallet connects stablecoin liquidity with fiat balances, integrating asset conversion, foreign exchange, and local clearing into a single connected workflow. This enables businesses to move funds across supported on-chain and traditional financial networks, turning digital asset liquidity into purchasing power for local payments and everyday corporate spending.

Supporting this dual-rail infrastructure is PhotonPay's established global financial network. Businesses can open local collection accounts in 17 key markets and receive funds in more than 60 currencies. On the payout side, the network supports over 100 payment routes across local clearing systems, bank transfers, and digital wallets, including payouts to 74 major local e-wallets. Approximately 97% of payout transactions reach recipients within hours or on the same day, with 68% arriving in real time.

Global card issuing extends these capabilities into programmable business spending. Through PhotonPay's APIs, businesses and platforms can issue virtual and physical cards, configure granular spending controls, and embed card payments directly into their software and automated workflows. Over the past 12 months, PhotonPay issued 4.4 million cards, up 275% YoY.

Beyond its first-party payment solutions, PhotonPay makes its infrastructure available through embedded finance, enabling technology platforms to natively integrate global accounts, payments, and card issuing into their own products. The company now serves more than 100 enterprise and platform partners, extending the reach of its Financial OS into industry-specific workflows.

From Financial Intent to Agentic Commerce

As AI agents assume active operational roles, financial infrastructure must evolve beyond API access to enable programmable, policy-governed execution. It requires systems capable of translating high-level instructions into coordinated financial actions, with deterministic controls governing how those actions are executed.

In May 2026, PhotonPay and Mastercard completed a live agentic payment demonstration using a tokenized PhotonPay card, validating AI-initiated transactions across existing global card networks.

Building on this milestone, PhotonPay is developing standardized financial interfaces designed for developers and AI agents. With planned support for the Model Context Protocol (MCP), PhotonPay aims to make account information, balances, card functions, and payments accessible as composable financial primitives, allowing AI agents to securely retrieve context and initiate financial workflows within defined authorization boundaries.

To govern this agent-ready layer, PhotonPay is developing a policy-based execution framework designed to enforce programmable authorization rules, spending limits, and transaction-level controls. The framework is intended to enable AI agents to coordinate financial tasks across supported accounts and assets, while ensuring that execution remains subject to explicit, enforceable policies set by businesses.

PhotonPay is also advancing its AI-assisted risk review capabilities, designed to identify complex cases for human assessment. Together, these initiatives reflect a foundational principle of autonomous finance: AI may interpret intent and coordinate tasks, but financial execution must remain governed by verifiable authorization, deterministic controls, and auditable records.

"Connecting financial networks is only the beginning. The real breakthrough is abstracting that complexity behind a unified, programmable financial layer, so businesses and AI agents can move from intent to execution within clearly defined boundaries," said Chen.

Simple on the Surface, Deep by Design

The promise of a Financial OS is simplicity: enabling businesses to manage assets, route money, and execute payments through a unified financial operating layer. Yet delivering that simplicity requires deep financial infrastructure beneath the surface.

While stablecoins accelerate borderless value transfer, turning that liquidity into local settlement, supplier payments, and corporate spending still depends on established banking relationships, domestic clearing rails, foreign exchange infrastructure, and global card networks. Each market brings its own regulatory and operational requirements.

For PhotonPay, building a Financial OS means abstracting these fragmented global networks into a programmable, interconnected financial system. The objective is not to eliminate financial complexity, but to manage it within the underlying infrastructure, so businesses can operate without having to navigate these systems themselves.

"AI can simplify how businesses interact with financial services, but it cannot replace the infrastructure required to deliver them," said JP Pi, Chief Compliance Officer at PhotonPay. "Establishing local financial capabilities takes years of investment, institutional partnerships, and regulatory engagement. Software or AI models alone cannot replicate that depth. The simplicity businesses experience is the result of that heavy lifting, not a substitute for it."

PhotonPay has engineered a financial foundation spanning both stablecoin and fiat rails, connecting multi-asset conversion with local clearing networks. Institutional partnerships with J.P. Morgan, Standard Chartered, and DBS, alongside connections to domestic payment systems such as Brazil's Pix and Mexico's SPEI, form the backbone of this network.

The new capital will enable PhotonPay to strengthen its local clearing and compliance infrastructure in existing markets while expanding into new jurisdictions, scaling the reach of its Financial OS across corporate spending, embedded finance, and agentic commerce.

"Businesses want one provider that can handle their payments across currencies and markets, whether they're using bank transfers, stablecoins or cards. Lewison and his team have spent a decade building the banking relationships, licenses and local payment infrastructure to deliver that. We believe PhotonPay's ability to bring these capabilities together gives it a strong advantage as businesses adopt stablecoins for everyday payments." - BCAP，Yuanhan Li，Partner

"As stablecoins become increasingly integrated into global payment systems, bridging digital assets with traditional financial infrastructure will be essential to unlocking their real-world potential. PhotonPay's established global payment network and its vision for a stablecoin-centric Financial OS align closely with SBI Group's strategy to advance digital financial infrastructure and expand the practical adoption of digital assets. We look forward to supporting PhotonPay's continued growth and exploring opportunities for strategic collaboration across the SBI Group ecosystem." - Eiichiro So, CEO & Managing Director of SBI Ven Capital

About PhotonPay

Founded in Hong Kong in 2015, PhotonPay is a global fintech company building a next-generation, stablecoin-centric Financial Operating System (Financial OS). Its API-first architecture brings together multi-asset wallets supporting stablecoins and fiat currencies, global money movement, foreign exchange, global card issuing, embedded finance, and local clearing infrastructure, connecting digital and traditional financial rails within an integrated financial system.

PhotonPay operates 16 offices worldwide, employs nearly 600 people, and holds 34 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia. The company serves businesses across more than 200 countries and territories.

For more information, visit www.photonpay.com.

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

Hashtags: #PhotonPay #SeriesC #Stablecoin

https://www.photonpay.com

Teams can import a Katalon Studio project as a single zip, see exactly which steps will carry over before anything is created, and land every supported test case as an already-authored KaneAI test in a new Test Manager project

SAN FRANCISCO and NOIDA, Oct. 29, 2026 (GLOBE NEWSWIRE) -- TestMu AI, the Full Stack Agentic AI Quality Engineering platform, announced one-click migration from Katalon. Teams can now move their Katalon Studio desktop web tests into KaneAI, TestMu AI's end-to-end AI testing agent, without retyping or rebuilding a single test.

The migration runs inside TestMu AI Test Manager. A team uploads its Katalon project as one zip file of up to 500 MB. Test Manager reads the archive, finds the test suites and test cases, and translates the Katalon operations it recognizes into KaneAI instructions. Every supported test case lands in a new Test Manager project as a KaneAI New Experience test that is ready to open, edit and run the moment the import finishes.

What sets the migration apart is the review that happens before anything is created. A four-screen step-by-step review shows  which steps translate, which are excluded, and which KaneAI handles on its own, such as opening, maximizing and closing the browser. Each supported case carries an "Imports X of Y steps" count and conversion notes that flag where a translated step may behave differently from the original. Teams decide what comes across; nothing is created until they confirm the final preview.

Key capabilities of the Katalon migration:

*         Authored, not archived: Imported cases arrive as editable KaneAI tests, not read-only copies of the original suite.

*         Compatibility shown up front: Supported and unsupported cases are listed separately, with a Step Error Type filter that groups incompatibilities by category so large projects can be triaged at once.

*         Partial imports are a choice: Cases with unsupported steps stay excluded by default. Teams can use Import Anyway to bring in the supported steps and repair the rest in KaneAI.

*         Masked values restored on the way in: The review lists  every masked variable from the Katalon export and lets teams save each value as a Secret or a Global Variable.

*         Work continues during import: The import runs in the background, with progress shown on the Projects page and an email on completion.

Once imported, cases behave like any other case in Test Manager. They can be versioned, grouped into plans and cycles, linked to defects. Migration currently covers desktop web tests only; it does not bring over mobile app tests, generated code, step screenshots or past execution history.

"Teams rarely stay on a testing tool because they love it. They stay because moving years of test cases is painful," said Mudit Singh, Co-Founder, TestMu AI. "Katalon migration removes that wall. You upload a zip, see exactly what will carry over, and your tests arrive in KaneAI already authored and ready to run. We built the review step on purpose. No one should migrate blind, and no one should have to rebuild what they already have."

Katalon migration is available now to all TestMu AI users with access to Test Manager, under Projects > Import Data. To get started, read the migration guide or the walkthrough on the TestMu AI blog.

About TestMu AI

TestMu AI is a Full Stack Agentic AI Quality Engineering platform that empowers teams to test intelligently and ship faster. Engineered for scale, it offers end-to-end AI agents to plan, author, execute, and analyze software quality across web, mobile, and enterprise applications on real devices, real browsers, and custom real-world environments. TestMu AI Agents accelerate testing throughout the entire SDLC, moving beyond automation to agentic intelligence.

Copyright 2026 GlobeNewswire, Inc.