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Respond.io Raises $62.5M Series B to Scale AI-Powered Customer Conversations Into North America and Europe

Wed, 17 Jun 2026 15:21:00 +0700

*$62.5M Series B led by Camber Partners, with existing investors participating.

*Respond.io is profitable with $35M ARR, 169% year-over-year growth, and a 30% profit margin.

*New capital will fund expansion into and mergers and acquisitions within North America and Europe.

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 16 June 2026 - Respond.io, a Malaysia-based customer conversation management platform, today announced a $62.5 million Series B round led by Camber Partners, with participation from Endeavor Catalyst and existing investors.

What respond.io does

Respond.io enables mid-market B2C businesses to grow revenue from high volumes of customer chats and calls. It unifies WhatsApp, Instagram, TikTok, Messenger, LINE, Telegram, WeChat, voice calls, email, web chat and 16 more integrations into a single platform with AI agents, automation, and CRMs. This turns fragmented customer conversations into a measurable revenue engine, purpose-built for real-world scale and complexity.

The company serves industries where customers initiate conversations before buying, booking, or committing, including education, healthcare, automotive, retail and travel. The platform powers 2 billion messages per quarter for more than 10,000 businesses in over 180 countries, including Toyota, British Airways, Radisson, Hertz, and Decathlon.

Respond.io generates $35M in annual recurring revenue, growing 169% year-over-year, at a 30% profit margin. It is ISO 27001 certified, GDPR compliant, and an official Meta Business and TikTok Marketing Partner.

Why Camber Partners

The funding was led by Camber Partners, a New York City-based growth equity firm that invests in only a handful of capital-efficient software businesses per year, with a pre-fund portfolio that includes Dropbox, PandaDoc, and Pipedrive. Camber brings deep operational engagement to their partnerships, including support in go-to-market, data science, and talent. As a US-based firm with European market experience, the relationship maps directly to respond.io's geographic expansion plans.

"When we started talking to Camber Partners, that conversation felt different," said Gerardo Salandra, CEO and co-founder of respond.io. "We built respond.io over nine years across markets most competitors never entered and did it profitably. Camber Partners and other investors backed us because they understand what that means: real product-market fit, with great unit economics, and a business that raises to accelerate, not to survive."

"Respond.io spent nine years building the infrastructure for high consideration, AI-native customer conversations - and they did it profitably in diverse markets. They have an exceptional team that has leveraged AI to accelerate rapidly. We believe respond.io is positioned to lead this category at a global scale," said Scott Irwin, founder and partner, Camber Partners.

From omnichannel inbox to native AI infrastructure

Respond.io launched in 2017 to solve a straightforward problem: customers were moving to messaging apps, but businesses struggled to respond from separate channel inboxes. The founding team built a platform that consolidated fragmented conversations into a single platform with automation and routing.

As frontier LLMs matured, the team realized this foundation was exactly what autonomous agents needed to operate on to enable rapid revenue acceleration for the high-consideration businesses they serve. Respond.io had spent years assembling the infrastructure - every major messaging channel, voice, email, CRM integrations, compliance controls - and accumulating the kind of operational depth that comes only from years of running high-volume conversations. This enabled it to roll out native AI technologies that meaningfully address real business needs.

This advantage is structural and compounds over time. Processing more conversations than any comparable platform creates a data flywheel - aggregate intelligence about how businesses actually deploy AI in high-volume messaging, the patterns that work, the edge cases that don't - that continuously shapes how respond.io's AI features are built and improved. Newer or lighter platforms building on the same frontier models cannot buy these operational signals or guarantee the same 99.999% uptime at the volumes AI brings. Today, Respond.io's AI Agents engage thousands of leads daily, qualify them and close B2C sales autonomously, handing off to human operators with full context for edge cases.

The speed of respond.io's innovation attracted some of the largest partners in the ecosystem. Meta and TikTok chose respond.io for early rollouts of WhatsApp Business Calling API, TikTok Business Messaging, and TikTok Messaging Ads - making it one of the few platforms offering end-to-end integrations for both messaging and calling.

"Most businesses still treat customer conversations as a cost to manage. The ones winning right now treat them as the revenue channel they actually are, and they're automating everything that doesn't require a human so the humans can focus where they add the most value," Salandra said. "We see it in our customers every day - we have case studies showing AI Agents are handling 600% more leads with conversation rates as high as 84%."

Entering North America and Europe

Respond.io built category leadership across APAC, LATAM and EMEA from its base in Malaysia - markets where mobile messaging is the primary commercial channel ? and reached profitability doing so. The capital from this new round will accelerate the company's expansion in North America and Europe, where social commerce on TikTok, Instagram, and WhatsApp is growing, and mid-market B2C businesses are increasingly running the same types of revenue-critical conversations that respond.io has powered for years.

"The customer conversation management space is at an inflection point," Salandra said. "North America and Western Europe are moving toward leveraging conversations as a competitive advantage to generate revenue, using similar workflows we've already built and tested in markets where this shift happened first. We know how to serve these businesses, and with this funding, we now have the resources to reach them faster."

Reid Hoffman, co-founder of LinkedIn and Chairman of Endeavor Catalyst commented: "We are thrilled to be investing in respond.io in this new round. Respond.io is exactly the kind of company we are proud to support - founders building profitable infrastructure in emerging markets and scaling them into the world's largest economies. So proud to have them in the Endeavor Catalyst family!"

About Respond.io

Respond.io is a customer conversation management platform that unifies messaging, calls, email, and CRM to help mid-market B2C businesses drive revenue from customer conversations. The platform powers 2 billion messages per quarter for 10,000+ businesses in over 180 countries and territories with 99.999% platform uptime. Respond.io is ISO 27001 certified, GDPR compliant, and an official Meta Business and TikTok Marketing partner. Founded in 2017 and headquartered in Kuala Lumpur, Malaysia, it raised US$7 million in Series A funding in 2022. For more information, visit https://respond.io.

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

Hashtags: #respondio #seriesb

Australian Development Investments (ADI) backs TVM Capital Healthcare's Southeast Asia Fund

Wed, 17 Jun 2026 15:15:00 +0700

The commitment, up to USD8 million, underscores investor confidence in healthcare growth opportunities across Southeast Asia, the sector's resilience amid global uncertainty, and TVM Capital Healthcare's proven track record achieving superior financial returns and impact outcomes

SINGAPORE, June 16, 2026 (GLOBE NEWSWIRE) -- TVM Capital Healthcare today announced that Australian Development Investments (ADI) has committed up to USD $8 million to the firm's Southeast Asia Fund through its Investing in Women window. The investment supports growth capital for healthcare companies that expand access to affordable, quality care while advancing women's leadership, workforce participation, and patient outcomes in line with the 2X Criteria.

The commitment underscores strong investor confidence in TVM Capital Healthcare's Southeast Asia strategy, its long-standing track record in healthcare, and its ability to identify and scale companies that expand access to high-quality, affordable healthcare across emerging markets. It also highlights the firm's impact in advancing female leadership, creating meaningful employment for men and women, and addressing critical gaps in underserved areas such as women's healthcare.

Healthcare continues to demonstrate resilience as an investment sector amid global economic and geopolitical uncertainty. Demand for healthcare services remains driven by fundamental demographic and societal needs, creating opportunities for sustainable growth while addressing critical healthcare challenges across Southeast Asia.

With nearly four decades of global healthcare investing and operating experience and more than 15 years focused on emerging markets, TVM Capital Healthcare has built a differentiated model that combines investment expertise with hands-on operational support. The firm partners with healthcare companies that expand access to care, improve patient outcomes, strengthen healthcare infrastructure outside of the traditional hospital-setting, and support national healthcare priorities.

"We are pleased to welcome ADI as partners in our Southeast Asia Fund," said Hoda Abou-Jamra, Co-Founder and Managing Partner at TVM Capital Healthcare. "Their commitment reflects a shared conviction that healthcare is currently one of the most compelling sectors for long-term investment in Southeast Asia to achieve both superior financial performance and impact outcomes. Together, we look forward to supporting healthcare companies that expand access to quality care, strengthen healthcare systems, and create sustainable value for patients, communities, and investors."

"At a time when many investors are seeking resilient sectors with strong long-term fundamentals, TVM Capital Healthcare's experience, local and hands-on approach, and established track record in emerging markets position the firm as a strong partner for achieving both commercial and development objectives," said Ralitsa Rizvanolli, Head of Investments from Sarona Asset Management - ADI's investment manager.

ADI is an initiative of the Australian Government, managed by the Department of Foreign Affairs and Trade (DFAT), and is implemented by its investment manager, Sarona Asset Management, together with technical assistance partners SAGANA and OnePointFive. ADI seeks to play a catalytic role in mobilising private capital into investments that expand access to essential services, drive climate impact, and advance women's economic participation across Southeast Asia.

TVM Capital Healthcare looks forward to working closely with ADI and its implementation partners to further strengthen the Fund's capabilities and support portfolio companies as they scale operations, enhance their gender-lens approach as well as their climate and sustainability practices, and expand access to healthcare across the region. The technical assistance resources available through the ADI, alongside investment capital, are expected to further support value creation at both the fund and portfolio company levels.

TVM Capital Healthcare's Southeast Asia fund focuses on healthcare companies operating in high-growth sectors including specialty care for long-term and chronic conditions, disease prevention, women's healthcare, as well as pharmaceutical and medical device manufacturing. The fund seeks to capitalize on growing healthcare demand across the region, driven by rising incomes, aging populations, expanding healthcare coverage, and increasing expectations for world-class care.

ADI's commitment follows the successful first closing of TVM Capital Healthcare's Southeast Asia Fund in September 2025 and builds on the firm's long-standing experience investing and operating healthcare businesses across emerging markets. It also follows the oversubscribed closing of TVM Capital Healthcare's US$254 million Afiyah Fund in the Middle East in 2024.

About TVM Capital Healthcare

TVM Capital Healthcare is a global private equity investor and operator focused exclusively on healthcare growth capital across Southeast Asia and the Middle East. With nearly 40 years of healthcare investing and operating experience globally and more than 15 years in emerging markets, the firm partners with companies that expand access to quality healthcare, improve patient outcomes, and strengthen healthcare systems while delivering attractive returns for investors. For more about TVM Capital Healthcare, visit www.tvmcapitalhealthcare.com.

For inquiries, please contact:

Holly Radel

Head of Sustainability and Strategic Communications

TVM Capital Healthcare

radel@tvmcapitalhealthcare.com

Legacy global automakers falter in ambition despite momentum in the EV transition

Wed, 17 Jun 2026 15:13:00 +0700

WASHINGTON, June 16, 2026 (GLOBE NEWSWIRE) -- Legacy automakers across the United States, Japan, and Europe risk falling further behind new market leaders, finds the fourth annual Global Automaker Rating, published today by the International Council on Clean Transportation (ICCT).

Global electric vehicle (EV) sales reached one in four new vehicles sold globally in 2025 - up from one in five in 2024. Yet even as almost all car manufacturers increased their EV sales share year-over-year, the ratings also revealed a deepening divide between automakers doubling down on electrification and those hedging their bets amid short-term market and policy shifts.

As the only all-electric automakers in the rating, Tesla and BYD, once again came out ahead. The margin is shrinking between the two, however, as BYD surpassed Tesla's global battery-electric vehicle sales for the second year in a row.

Several Chinese companies were also among the top performers for the second year in a row, recording EV sales share increases of 5 to 10 percentage points. SAIC and Geely each reached a sales share of at least 50% or above, followed closely by ChangAn. However, Chinese automakers saw plug-in hybrid electric vehicles as the majority of their EV sales, while most other manufacturers sold a larger proportion of battery-electric vehicles.

In contrast, Stellantis, Honda, and GM recorded sharp rating declines in 2025, driven primarily by downward revisions to their 2030 EV sales targets. A continuing trend among global legacy automakers - particularly those based in the U.S. and Japan - shows a pivot towards plug-in hybrid electric vehicles and flexible platforms while also arguing for more flexibilities and relaxed timelines in regulation.

On the other side of the transition, market leaders from China, including Geely and SAIC, have broken from this trend and outperformed their own electrification targets a full year ahead of schedule. Great Wall is the exception amongst China-based automakers as the only company to fall from "transitioner" to "laggard" this year after a sharp pivot to plug-in hybrids.

"The rating shows a growing gap between the frontrunners who are expanding their global EV offerings to reach new markets and those still wavering on their electric commitments," said Irem Kok, senior researcher at the ICCT and co-author of the report. "The window for some legacy automakers to catch up is narrowing, particularly as their long-term investments for electrification are shrinking."

Expansion in class coverage assisted Hyundai-Kia in rising from the "laggard" to "transitioner" status, the only automaker to move into a higher category this year. Stellantis entered the top 5 in the same metric, which was previously occupied entirely by Chinese manufacturers.

"We see from the data that most U.S.- and Japan-based automakers continued to offer electric models in fewer than a third of the vehicle segments analyzed," said Rachel Muncrief, Acting Executive Director and CEO of the ICCT. "Legacy automakers risk ceding their leadership in major markets where they historically dominate if they fail to adapt."

This hesitation by some of the largest global automakers offers an opportunity for new EV-only players to enter the scene, like VinFast, Togg, and Rivian, while slow-moving legacy automakers risk any potential long-term competitive gains that early electrification commitments might have secured.

The ICCT's Global Automaker Rating provides a data-driven analysis of automakers' progress toward a zero-emission future based on their 2025 sales, technology performance, and strategic commitments. The full report and detailed results for all 22 automakers are available on the ICCT website.

Publication details:

Title: The Global Automaker Rating 2025: Who is leading the transition to electric vehicles?

Authors: Chang Shen, Ilma Fadhil, Irem Kok, Dale Hall, Anh Bui, Marta Negri, Stephanie Searle

Download: https://theicct.org/global-automaker-rating-2025

Contact:

Sarina Katz, Senior Communications Specialist, Global Program: communications@theicct.org

Report authors are available for public interview and further comment.

Dale Hall, Program Lead

Irem Kok, Senior Researcher

About the International Council on Clean Transportation:

The ICCT is an independent, nonprofit research organization founded to provide exceptional, objective, timely research and technical and scientific analysis to environmental regulators. Our work empowers policymakers and others worldwide to improve the environmental performance of road, marine, and air transportation to benefit public health and mitigate climate change.

SIWW2026 Opens with Global Leaders Pledging Action to Secure a Resilient and Sustainable Water Future

Wed, 17 Jun 2026 15:08:00 +0700

700 leaders amongst 25,000 global participants to forge partnerships, drive innovation and advance solutions to pressing water and climate-related challenges

SINGAPORE - Media OutReach Newswire - 16 June 2026 - The 11th edition of the Singapore International Water Week (SIWW2026) opens today at the Sands Expo and Convention Centre and runs until 18 June 2026, convening global water leaders, experts, and practitioners to forge partnerships, drive innovation and take meaningful action to solve the world's most pressing water and climate-related challenges.

Centred on three key themes - Municipal Water Solutions, Industrial Water Solutions, and Coastal and Flood Resilience, SIWW2026 brings together 2,000 delegates, including 700 global leaders and 500 exhibiting companies, alongside 25,000 trade visitors expected over the course of the week. With more than 80 sessions, including roundtables and summits to discuss policies and strategies, workshops and forums to advance innovation, and the Water Expo to drive business partnerships, the plethora of activities reflect SIWW's growing importance as a global convening platform where ideas are translated into action.

Delivering the opening address, Guest-of-Honour Mr Gan Kim Yong, Singapore's Deputy Prime Minister and Minister for Trade and Industry, underscored that water is fundamental to the economy, society, and life itself - and in a world facing climate change and growing uncertainty, a matter of resilience. He called on the international water community to make collective progress across three fronts: investment, innovation, and international cooperation. Highlighting Singapore's recently completed Tengah Service Reservoir as a testament to long-term infrastructure planning, DPM Gan announced an initial S$12 million in Research, Innovation and Enterprise 2030 (RIE2030) funding to advance research and development of industrial water solutions for wafer fabrication and data centres - two of the most water-intensive sectors underpinning Singapore's economy. This is in addition to the S$85 million committed under RIE2030 for municipal water solutions, to advance water treatment, desalination, emerging contaminants, and sustainable operations.

During the Lee Kuan Yew Water Prize 2026 Award Ceremony, American microbiologist Professor Joan Bray Rose was honoured as the 2026 Laureate for her pioneering work in Quantitative Microbial Risk Assessment (QMRA) ? a science-based approach to safeguard the quality of drinking water and water for reuse. At the Ministerial Plenary that followed, H.E. Retno Marsudi, United Nations Secretary-General's Special Envoy on Water, delivered her keynote remarks, before Singapore's Minister for Sustainability and the Environment and Minister-in-charge of Trade Relations, Ms Grace Fu was joined by foreign dignitaries from Nigeria, the United Arab Emirates, and the People's Republic of China to discuss how governments can strengthen water security and translate vision into action under the theme "Water Governance for a Circular Economy: From Vision to Action for Prosperity and Resilience". The Ministerial Plenary was organised in collaboration with the World Bank Group.

Yesterday afternoon, ahead of the official opening of SIWW2026, 68 CEOs and senior executives of global water utilities and agencies participated in the Utilities CEO Roundtable for peer-to-peer learning and sharing of best practices. With the theme "How AI could reshape Water Utilities", discussions centred on the transformative potential of AI in reshaping water utilities and enhancing operational resilience. In the same morning, senior officials from nearly 30 cities, including Copenhagen, Rotterdam, Hong Kong, New York City, Antwerp, Dubai, Jakarta, Melbourne, Quezon City, Tokyo and Yokohama, participated in the Coastal and Flood Resilience Leaders Roundtable to share how cities can adapt their design to strengthen their flood resilience, and forge flood resilient communities.

SIWW2026 also serves as a key global marketplace, with the Water Expo featuring exhibitors from 35 countries and regions, organised by Messe M?nchen in cooperation with IFAT, world's leading trade fair for environmental technologies. Spanning six exhibition halls and 23,000 sqm of exhibition space, the Expo includes the largest Singapore Pavilion to date, with 88 exhibitors, and is expected to attract 25% more trade visitors than the previous edition. During the week, the Water Expo will see more than 50 product launches, 26 new project announcements, and 8 MOU and contract signings. Together with the event's business and networking platforms, the Expo reinforces Singapore's position as a global hub for water innovation and international business.

Enhancing Coastal and Flood Resilience

SIWW2026 places greater emphasis on coastal protection and flood management, building on the climate adaptation pillar introduced at SIWW2024. The event supports Go Green SG and Singapore's Year of Climate Adaptation, contributing to collective efforts towards a more sustainable and climate-resilient Singapore.

On 17 June, Minister Grace Fu will deliver a keynote address at the Coastal and Flood Resilience Leaders Summit, convening government, city, and industry leaders to share strategies and policies for protecting cities from climate change and sea-level rise. Ms Fu will present Singapore's latest efforts in this area, including the launch of the Coastal Protection Code of Practice to guide landowners and the industry in fulfilling their coastal protection obligations.

About the Singapore International Water Week

Singapore International Water Week (SIWW) is one of the world's premier platforms to share and co-create innovative water, coastal and flood solutions to meet urban water and associated climate challenges.

Organised by Singapore International Water Week Pte Ltd, a subsidiary of PUB, Singapore's National Water Agency, the biennial SIWW delivers a range of flagship programmes and platforms that gathers stakeholders from governments, cities, utilities, academia, and industry to share best practices and solutions, showcase the latest technologies and harness business opportunities.

The 11th Singapore International Water Week will be held from 15 to 18 June 2026.For more information, visit www.siww.com.sg

About SIWW2026 Water Expo

In cooperation with IFAT and organised by Messe Munich, the SIWW Water Expo is the pre-eminent marketplace for the international water, coastal and flood community to converge and find opportunities in business. The Water Expo showcases the latest state-of-the-art solutions, technologies, products and services for cities, utilities and industry in Asia.

The SIWW2026 Water Expo will take place during SIWW2026 at the Sands Expo & Convention Centre in Singapore.

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

Hashtags: #SingaporeInternationalWaterWeek #SIWW2026

Hong Kong Summer Fun: Enjoy Hundreds of Thousands of Summer Deals and an Exciting Citywide Events Experience

Wed, 17 Jun 2026 15:03:00 +0700

HONG KONG, June 16, 2026 (GLOBE NEWSWIRE) -- This summer, Hong Kong is turning up the energy with a citywide celebration packed with festivals, family attractions, sporting spectacles and limited-time offers. The "Hong Kong Summer Fun" campaign brings together some of the city's biggest seasonal events alongside exclusive "Summer Deals", creating even more reasons to plan a summer escape to the Events Capital of Asia. From dragon boat racing and family fun to immersive exhibitions and world-class football, there's something for everyone.

To make a summer getaway even more rewarding, the "Summer Deals" programme is now rolling out in phases through 31 August, unlocking rewards and savings at every step of the visitor journey - across attraction offers, transport discounts, shopping rewards and dining perks. The initiative helps travellers make the most of their Hong Kong getaway with exclusive seasonal savings from planning to departure.

Unlock Hundreds of Thousands of Deals Across the City All Summer Long

Earn Double Rewards Even Before You Arrive in Hong Kong

In partnership with Trip.com Group, HKTB is launching more than HK$20 million worth of offers across 19 attractions and three transport operators. From now on until 31 August, eligible visitors who book a participating Hong Kong hotel stay through Trip.com or Ctrip for the period from 1 July-14 September, with a single transaction of HK$1,500 or above, can unlock a "Summer Getaway Pack" featuring one attraction and one transport discount of up to 50 percent off. Rewards drop in two summer waves on 15 June and 14 July on a first-come, first-served basis, allowing travellers to experience more of Hong Kong for less.

Some highlighted participating experiences in the first wave include:

Up to 50% off on Roundtrip Standard Cable Car Ticket by Ngong Ping 360

Up to 50% off on Essential Ticket by Big Bus Tours

30% off on Sha Tin Racecourse & Happy Valley Racecourse F&B Experience + Guided Tour by The Hong Kong Jockey Club

Collect Multiple Rewards Throughout Your Stay in Town

From 1 July-31 August, visitors can access "Summer Instant Rewards" through a collaboration with AlipayHK, Alipay and Alipay+. By leveraging Alipay's vast Chinese Mainland and Alipay+'s international partner e-wallet user base, visitors can scan designated QR codes at nearly 100 participating shopping malls across the city, including Central Market, Festival Walk, Hysan Place, ifc mall, Hong Kong International Airport, K11, Mira Place, New Town Plaza, Olympian City, Peak Galleria, SOGO, Stanley Plaza, Times Square, Windsor House, and more-to receive a random spending rewards of up to HK$500 or RMB500 to be used at any merchant displaying the AlipayHK, Alipay or Alipay+ payment acceptance mark.

In addition, more than 150 exciting merchant offers will be available across participating malls. Highlights include:

AIRSIDE - Admission Ticket to the "The Cha Chaan Teng Codex - Tales of Invisible Designs" exhibition;

Central Market - Redeem a premium butterfly pastry gift box for HK$58 upon spending HK$200 or above at Imperial Patisserie;

Festival Walk - Enjoy a buy-one-get-one-free ice rink offer at Glacier and complimentary 2D movie tickets at Festival Grand Cinema;

MegaBox - Enjoy an extra 30% off at the i.t Outlet;

Mira Place - Enjoy HK$100 off upon spending HK$400 at Mira Dining;

Nina Mall - Enjoy bonus gaming tokens, with HK$200 purchase receiving an additional HK$140 at Jumping Gym;

The Peak - Enjoy 15% off all regular-priced menu items at Bubba Gump;

T Town / Kai Tin Shopping Centre / Temple Mall / Lok Fu Plaza - Enjoy HK$100 off upon spending HK$500 at SKECHERS

All of which are open to both local residents and visitors. Stay tuned for more details.

What's more, visitors can also enjoy a citywide collection of shopping and dining offers delivered in partnership with the Quality Tourism Services Association (QTSA) and the Hong Kong Retail Management Association (HKRMA), with buy-one-get-one free offers and some hot picks from HK$1 or HK$10 at various merchants. Rewards are on a first-come, first-served basis. Some of the rewards are limited to registered users on Discover Hong Kong one-stop travel information platform only. Stay tuned for more details.

Highlighted rewards include:

Buy 1 Get 1 Free Black Pearl Tasting Menu at Chinesology (original price HK$3,054)

Buy 1 Get 1 Chef's signature Tasting Set at restaurants under Lubuds group, including Sushi Zushi & Toriten (original price HK$588 for one)

HK$1 for a selected flavor of Abalone Bites (12 pcs) at On Kee (original price HK$99)

HK$1 for a Winter Melon Pastry (Wife Cake) at Kee Wah Bakery (original price HK$12)

HK$10 for BBQ Pork with Egg and Rice at Men Wah Bing Teng (original price HK$72)

HK$10 for Big Mac at McDonald's (original price from HK$25.5)

Dive into a Packed Programme of Events Throughout the City

Alongside the unmissable "Summer Deals", visitors can look forward to a packed programme of exciting events, dragon boat thrills and summer festivities, experiencing the vibrant charisma of the Events Capital of Asia.

Sun Life Hong Kong International Dragon Boat Festival: Experience a Uniquely Hong Kong Celebration of Dragon Boat Heritage, Festive Treats and Fun

19 June-1 July 2026 | Tsim Sha Tsui promenade

Sun Life Hong Kong International Dragon Boat Festival

Sun Life Hong Kong International Dragon Boat Races

Kicking off the season is the "Sun Life Hong Kong International Dragon Boat Festival", running from 19 June-1 July. At its heart is the 50th-anniversary edition of the "Sun Life Hong Kong International Dragon Boat Races", organised by the Hong Kong Tourism Board (HKTB), co-organised by the Hong Kong China Dragon Boat Association (HKCDBA) and proudly title-sponsored by Sun Life. It will transform the Tsim Sha Tsui waterfront into one of the city's most thrilling annual spectacles on 27-28 June. More than 220 teams from 16 countries and regions will compete across 21 races in Victoria Harbour.

For the first time, the celebration expands into a 13-day festival extending far beyond the races. Along the Avenue of Stars, visitors can explore a Dragon Boat Food Lane, Beer Garden, and discover themed photo spots, including Sun Life HK Dragon Boat Co-Creation Zone, a 22-metre traditional wooden dragon boat, a dragon boat-themed installation in collaboration with the new film Minions & Monsters, etc. A programme of intangible cultural heritage workshops will also offer hands-on experiences such as fishing net plaiting, blown sugar making and traditional lye rice dumpling making. Tourists can partake in a uniquely Hong Kong celebration that blends sport, culture and a lively waterfront atmosphere.

Pixar Summer Fest: Step Into the Bigger World of Pixar from Day to Night

12 June?31 August 2026 | Hong Kong Disneyland Resort

Hong Kong Disneyland Resort invites guests into its first-ever "Pixar Summer Fest", transforming the resort into a colourful world filled with beloved Pixar characters and immersive experiences. The centrepiece is the all-new "Pixar Pals Spectacular", an eight-minute nighttime experience combining glowing drones, shimmering fountains, projections across the Castle of Magical Dreams and Main Street, U.S.A., and giant inflatables. It's a vibrant celebration of Pixar's most-loved stories of friendship. The new show debuts before the resort's signature "Momentous" nighttime spectacular.

Guests can also cool off at the returning "Pixar Water Play Street Party!", dance and cheer at the park's largest-ever "Friendtastic!" parade, meet characters from Toy Story, Inside Out, Turning Red, Coco and more, enjoy Pixar-themed food and merchandise, and extend the experience with themed hotel stays and activities across the resort.

Pandastic Summer Birthday Celebration - Let the Fun Begin!: Join the Festivities with Hong Kong's Favourite Giant Pandas

26 June-31 August 2026 | Ocean Park Hong Kong

This summer, Ocean Park's beloved giant panda twins, Elder Sister Jia Jia and Little Brother De De, are turning two! Together with their August-born parents Ying Ying and Le Le, as well as the popular June stars, An An and Ke Ke, they are ready to throw a pandastic birthday party. Snap with the giant installation at the main entrance and visit our Pandastic happy moment zone in the park, all six adorable giant pandas will transform into lively Panda Friends characters, showing off their vibrant, playful sides! Come with family and friends to shower the giant pandas at Ocean Park with tons of birthday love and pan-tastic blessings!

Design Ah!: Discover the Wonder of Everyday Design at M+

27 June 2026 - 10 Jan 2027 | M+

Curious minds of all ages can experience design in an entirely new way at "Design Ah! Experience the Wonder of Everyday Design", opening at M+ from 27 June. This family-friendly exhibition explores the hidden design behind everyday actions - from walking to eating and sitting - revealing how thoughtful design quietly shapes the world around us. Through hands-on games, interactive installations and immersive audiovisual environments, visitors are invited to observe familiar objects and behaviours from new perspectives, sparking curiosity, creativity and plenty of unexpected "Ah!" moments.

Bubble Planet Hong Kong: Explore an Extraordinary Multi-Sensory World of Bubbles

From 29 June 2026 | Kai Tak Cruise Terminal

Launching from 29 June, Bubble Planet will make its Hong Kong debut at Kai Tak Cruise Terminal. The globally acclaimed immersive experience transforms the simple concept of bubbles into a large-scale interactive adventure featuring digital art, optical illusions, virtual reality experiences and multi-sensory installations. Visitors can move through a series of playful environments designed to inspire wonder and imagination, making it one of the city's newest family-friendly attractions this summer.

Hong Kong Football Festival 2026: See Football Giants Take the Field

31 July?5 August 2026 | Kai Tak Stadium

Sports fans have another major reason to visit Hong Kong this summer with the return of the Hong Kong Football Festival from 31 July?5 August. The series will bring four of Europe's most decorated clubs to Kai Tak Stadium: Manchester City, FC Internazionale Milano, Chelsea FC and Juventus. Two blockbuster fixtures will take place at the state-of-the-art 50,000-seat venue, while Manchester City and Chelsea will also hold Open Training sessions for fans. Building on the success of last year's festival, the event features a rare gathering of Champions League-winning clubs, reinforcing Hong Kong's position as one of Asia's premier destinations for international sport and live entertainment.

Start planning your Hong Kong escape and discover a vibrant lineup of seasonal experiences while making the most of every moment in the city. For the latest event listings for "Hong Kong Summer Fun" and "Summer Deals", visit:

https://www.discoverhongkong.com/eng/events/summer-fun.html.

Media can download photos at the following link:

https://assetlibrary.hktb.com/assetbank-hktb/action/browseItems?categoryId=2463&categoryTypeId=2　

For media enquiries, please contact:

Mr Chokie Cheng Tel: 2807 6342 Email: chokie.cheng@hktb.com

Mavenir Menjadi Vendor Perangkat Lunak Jaringan Besar Pertama yang Menerima Sertifikasi Fungsi Jaringan 5G Packet Core dalam Skema BSI NESAS Jerman

Wed, 17 Jun 2026 14:57:00 +0700

BONN, Jerman, June 16, 2026 (GLOBE NEWSWIRE) -- Mavenir, perusahaan perangkat lunak yang membangun jaringan seluler berbasis cloud dan mengintegrasikan AI sejak tahap perancangan, hari ini mengumumkan bahwa pihaknya telah menjadi penyedia perangkat lunak infrastruktur telekomunikasi tier-1 pertama yang menerima sertifikasi BSI NESAS untuk fungsi jaringan 5G Packet Core.

Sertifikat tersebut mengonfirmasi bahwa Network Repository Function (NRF) Mavenir telah memenuhi persyaratan standar keamanan untuk digunakan sebagai komponen penting dalam jaringan telekomunikasi publik di Jerman.

Fabian Hodouschek, Kepala Sertifikasi, Kantor Federal untuk Keamanan Informasi (BSI): "Dengan menerbitkan sertifikat keamanan siber BSI NESAS pertama kepada produsen Mavenir, kami memberikan kontribusi penting dalam mengamankan jaringan telekomunikasi seluler Jerman. Ini merupakan sertifikat pertama untuk komponen jaringan inti 5G yang sangat penting dan digunakan oleh operator jaringan seluler publik 5G di Jerman. Sertifikat ini mengonfirmasi bahwa Network Repository Function Mavenir, termasuk proses pengembangan dan siklus hidupnya, telah memenuhi standar kerangka kerja keamanan NESAS yang diakui di tingkat internasional. Kami mengucapkan selamat kepada Mavenir atas keberhasilan ini dan menyambut baik komitmen para produsen dalam memastikan komponen jaringan inti mereka yang penting ini tersertifikasi sesuai skema BSI NESAS."

Pencapaian awal ini memperkuat posisi Mavenir sebagai salah satu yang terdepan dalam kesiapan memenuhi persyaratan regulasi, menyusul pemberlakuan persyaratan wajib sertifikasi BSI NESAS di Jerman pada 1 Januari 2026 berdasarkan Undang-Undang Telekomunikasi Jerman (TKG) dan Undang-Undang BSI (BSIG). Mavenir tengah melanjutkan proses sertifikasi untuk seluruh portofolio Packet Core dan IMS miliknya, yang ditargetkan rampung pada kuartal III 2026. Sertifikasi ini akan memungkinkan operator untuk menerapkan arsitektur jaringan yang sesuai ketentuan, aman, dan berbasis cloud pada skala besar.

Omar Shahdad, Senior Vice President, Operations, Mavenir, mengatakan: "Sertifikasi ini menegaskan komitmen Mavenir untuk menyediakan bukan hanya perangkat lunak 5G terdepan di industri, tetapi juga perangkat lunak yang memenuhi standar keamanan siber nasional yang paling ketat. Di tengah standar keamanan jaringan yang terus diperketat oleh regulator di seluruh Eropa, Mavenir sudah siap."

Sertifikat tersebut diberikan oleh lembaga sertifikasi Kantor Federal untuk Keamanan Informasi (BSI) Jerman melalui skema sertifikasi BSI NESAS, yakni sertifikasi keamanan siber yang berlandaskan kerangka kerja jaminan keamanan GSMA NESAS yang diakui di tingkat internasional. BSI NESAS memadukan penilaian ketat terhadap proses pengembangan produk dan siklus hidupnya melalui pengujian keamanan langsung terhadap produk sebenarnya sehingga menetapkan standar tinggi bagi infrastruktur jaringan yang penting.

Sertifikat BSI NESAS untuk Mavenir NRF CC 24.4.2 p4 tersedia untuk umum di situs web BSI: https://www.bsi.bund.de/SharedDocs/Zertifikate_NESAS/NESAS-0007-2026.html?nn=1078814

Untuk mengetahui informasi selengkapnya tentang skema sertifikasi BSI NESAS, kunjungi: https://www.bsi.bund.de/dok/nesas-en

Tentang Mavenir

Mavenir menghadirkan jaringan cerdas, otomatis, dan dapat diprogram melalui pengembangan solusi perangkat lunak yang mengutamakan telekomunikasi, berbasis cloud, dan mengintegrasikan AI sejak tahap perancangan untuk operator seluler. Keahlian mendalam perusahaan ini di bidang telekomunikasi telah terbukti melalui implementasi bersama dengan lebih dari 300 operator secara global di lebih dari 120 negara, yang secara bersama-sama melayani lebih dari 50% pelanggan di dunia. Mavenir menggabungkan pengalaman telekomunikasinya yang mendalam dengan keahlian cloud dan IT serta keahlian sains data yang sangat penting untuk memecahkan tantangan nyata yang dihadapi pelanggan. Solusi perangkat lunaknya yang telah terbukti mengintegrasikan AI sejak tahap perancangan sehingga membawa masa depan yang sepenuhnya berbasis AI dan membantu operator bertransformasi menjadi perusahaan teknologi. Untuk mendapatkan informasi selengkapnya, kunjungi www.mavenir.com

Kontak Humas Mavenir:

Emmanuela Spiteri

PR@mavenir.com

Indonesia's Healthcare Leaders Gather for Exclusive Executive Forum on AI, Cybersecurity, and the Future of Secure Healthcare Communications

Wed, 17 Jun 2026 14:39:00 +0700

Hosted by NetSfere, Mayapada Healthcare, and Qualitas, the forum will provide practical insights into protecting patient data, enabling secure clinical collaboration, strengthening cyber resilience, and preparing for the post-quantum era

JAKARTA, INDONESIA, June 16, 2026 (GLOBE NEWSWIRE) -- Healthcare leaders from across Indonesia will gather on June 17 at Mayapada Hospital Jakarta for an exclusive executive forum focused on one of the industry's most pressing challenges: securing healthcare communications in an era defined by artificial intelligence, escalating cyber threats, and emerging quantum computing risks.

Hosted by NetSfere, in partnership with PT. Kualitas Teknologi Asia and Mayapada Healthcare, the event will bring together healthcare and technology leaders to discuss strategies for protecting patient data, enabling secure clinical collaboration, strengthening cyber resilience, and preparing for the post-quantum future.

As healthcare organizations adopt AI-powered workflows and digital care models, communication security is becoming a strategic priority. The forum will explore how providers can future-proof communications against emerging threats, including 'Harvest Now, Decrypt Later' attacks, where encrypted data intercepted today could be decrypted by future quantum computers. Attendees will gain insights into AI-powered collaboration, quantum-resilient communications, cyber resilience, and the role of secure communication in protecting patient data and maintaining operational continuity.

"Healthcare organizations are rapidly adopting AI and digital technologies, but one critical risk is often overlooked: the communication layer where sensitive patient information and clinical decisions are shared every day," said Anurag Lal, President & CEO, NetSfere. "As quantum computing advances, healthcare leaders must prepare for 'Harvest Now, Decrypt Later' threats that could expose today's encrypted communications in the future. Our goal is to help organizations secure communications while enabling AI, compliance, and security to coexist."

The event will also showcase insights and best practices from Mayapada Healthcare's digital transformation journey.

Dr. Dini Handayani, MD, MARS, FISQua, FIPC, Chief Medical Officer of Mayapada Healthcare, underscored the importance of secure and trusted communication as a critical component of patient safety and quality care delivery. "Patient safety extends beyond clinical procedures; it also includes how healthcare teams communicate, collaborate, and safeguard critical patient information. As healthcare becomes increasingly connected and AI-enabled, strengthening communication security through robust governance, cybersecurity, and readiness for emerging digital threats is essential to ensuring safe, coordinated, and high-quality care. This aligns with Mayapada Healthcare's commitment to upholding patient safety, advancing patient-centered care, and delivering excellence across every touchpoint of the patient journey," said Dr. Dini.

Julius Kurniawan, Associate Director of Technology Mayapada Healthcare, also highlighted that a significant portion of clinical communication still takes place through channels that are not fully secure, increasing the risk of miscommunication as well as potential patient data breaches. "We recognize that patient data is protected under the Personal Data Protection Law. As healthcare continues to evolve through AI, digitalization, and greater connectivity, secure messaging is becoming increasingly critical, making it essential to have communication platforms that are secure, resilient, and future-ready, and compliant with international standards. At Mayapada Healthcare, we believe that investing in future-ready digital capabilities is key to building a healthcare ecosystem that is seamless, resilient, and truly patient-centered," he said.

As NetSfere expands across the Asia-Pacific region, the event highlights its commitment to helping healthcare organizations adopt AI-powered, compliant, and quantum-resilient communications that strengthen cybersecurity, enhance clinical collaboration, and prepare for post-quantum challenges.

About NetSfere

NetSfere is a next-generation secure enterprise communication platform delivering AI-powered, quantum-resilient messaging to protect mission-critical communications from evolving cyber threats. A product of Infinite Convergence Solutions, Inc., NetSfere provides end-to-end encrypted messaging, real-time collaboration, compliance-focused security, and centralized IT administration.

Backed by strategic partnerships with Deutsche Telekom and NTT Ltd., NetSfere helps organizations deploy secure, compliant communications worldwide. The platform supports more than 500 million subscribers and processes over a trillion messages annually.

NetSfere complies with key global standards, including FedRAMP, GDPR, HIPAA, SOC 2, and ISO 27001. Infinite Convergence Solutions has offices in the United States, United Kingdom, Germany, India, and Singapore. Learn more at www.netsfere.com

About Mayapada Healthcare:

Mayapada Healthcare (PT Sejahteraraya Anugrahjaya Tbk.) ("SRAJ") is a key business pillar of Mayapada Group (founded by Dato' Sri Prof. DR. Tahir in 1986) in the healthcare services sector, operating seven hospitals with over 1,200 beds and more than 1,500 professional medical teams. Mayapada Hospital has received various accreditations and awards, as well as 11 'Centers of Excellence'. The seven hospitals under Mayapada Healthcare are Mayapada Hospital Tangerang, Mayapada Hospital South Jakarta, Mayapada Hospital Bogor, Mayapada Hospital Kuningan, Mayapada Hospital Surabaya, Mayapada Hospital Bandung, and Mayapada Hospital Nusantara. The 11 'Centers of Excellence' at Mayapada Hospital include: Tahir Neuroscience Center, Tahir Uronephrology Center, Cardiovascular Center, Gastrohepatology Center, Oncology Center, Orthopedic Center, Obstetrics & Gynecology Center, Pediatric Center, Internal Medicine and Pulmonology Center, Allergy-Immunology Center, and the Mayapada Autoimmune Center Indonesia, the first and only autoimmune service center in Indonesia.

About PT. Kualitas Tekhnologi Asia (Qualitas)

PT Kualitas Teknologi Asia was founded in 2012 to help organizations maximize the value of information technology. Growing from a small team through successful project delivery and customer trust, Qualitas partners with leading providers of ERP, Business Intelligence, Supply Chain Optimization, and Education solutions, while also developing its own mobile applications. Guided by its vision to become Southeast Asia's most innovative IT and business solutions provider, Qualitas operates offices in Indonesia (Jakarta and Surabaya), Singapore, and Malaysia.

Media Contact

NetSfere

Somya Shrivastava

Email: somya.shrivastava@infinite.com

Vietnam Airlines Launches Nonstop Hanoi-Amsterdam Service

Tue, 16 Jun 2026 19:44:00 +0700

HANOI, VIETNAM - Media OutReach Newswire - 16 June 2026 - Vietnam Airlines has officially inaugurated its nonstop service between Hanoi and Amsterdam, becoming the first Vietnamese carrier to operate a direct route connecting Vietnam and the Netherlands.

The new service marks a significant milestone in the airline's international network expansion strategy and further strengthens air links between Vietnam and Europe.

The inaugural flight, VN83, departed Noi Bai International Airport at 3:50 AM on June 16, carrying nearly 300 passengers aboard an Airbus A350 wide-body aircraft. After a flight time of more than 12 hours, the aircraft landed at Amsterdam Schiphol Airport. In the opposite direction, flight VN82 departed Amsterdam for Hanoi at 2:00 PM (local time) on the same day.

Vietnam Airlines will operate three round-trip flights per week on Tuesdays, Thursdays and Saturdays using Airbus A350 aircraft. The new route provides a direct air link between the two capitals, while offering passengers greater convenience and seamless onward connectivity across Europe and beyond.

Nguyen Quang Trung, Executive Vice President of Vietnam Airlines, said: "The inauguration of the Hanoi?Amsterdam service reflects Vietnam Airlines' continued commitment to expanding its international network and strengthening Vietnam's connectivity with key global markets. This new route not only offers Vietnamese travellers more convenient access to Europe, but also facilitates greater travel to Vietnam for international visitors. As the national flag carrier, we will continue investing in service excellence and network development to meet evolving customer demand and further reinforce our role as an air bridge linking Vietnam with the world."

Amsterdam serves as a major hub for finance, trade, logistics and commerce in Europe. Through Amsterdam Schiphol Airport, passengers can conveniently access hundreds of destinations across Europe and beyond, further enhancing Vietnam's connectivity with international markets.

The new route also strengthens Vietnam Airlines' presence in Europe. With the addition of Amsterdam, Vietnam Airlines now operates 12 nonstop routes linking Vietnam with eight major European destinations: Paris, London, Frankfurt, Munich, Milan, Copenhagen, Moscow and Amsterdam.

Beyond expanding the airline's network, the new service is expected to support growing trade, investment and tourism flows between Vietnam and the Netherlands, while creating new opportunities for business, cultural and people-to-people exchanges between the two countries.

From 1 July 2026, Vietnam Airlines will increase the frequency of its Hanoi?Moscow service from three to four round-trip flights per week to accommodate growing travel demand between Vietnam and Russia. Together, the launch of the Amsterdam route and the expanded Moscow schedule reflect the airline's ongoing efforts to align capacity with market demand and support Vietnam's increasing integration with the global economy.

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

Hashtags: #VietnamAirlines

Defiance Launches SPCQ: Daily 2X Short ETF for SpaceX

Tue, 16 Jun 2026 19:40:00 +0700

MIAMI, June 15, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs today announced the launch of the Defiance Daily Target 2X Short SpaceX ETF (SPCQ), expanding its lineup of single-stock leveraged ETFs designed for active traders seeking amplified exposure to innovative growth companies.

SPCQ is designed for traders seeking magnified, short-term inverse exposure to Space Exploration Technologies Corporation ("SpaceX") (NASDAQ: SPCX), a leading aerospace and satellite communications company that recently completed its initial public offering and is focused on reusable launch systems, commercial space transportation, and global broadband connectivity through its Starlink network.

By seeking to deliver -200% of the daily percentage change in the share price of SpaceX, the Fund allows investors to express tactical bearish views on the company within the accessibility and transparency of an exchange-traded fund.

Investment Objective

The Fund seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of Space Exploration Technologies Corporation (NASDAQ: SPCX). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.

Underlying Company: Space Exploration Technologies Corporation ("SpaceX")

Space Exploration Technologies Corporation is a company listed on the Nasdaq Stock Market under the ticker SPCX, which recently completed its initial public offering, and that designs, manufactures, and launches advanced rockets and spacecraft. Founded in 2002 by Elon Musk, SpaceX develops and operates launch vehicles for commercial, government, and defense customers, and provides satellite-based broadband services through its Starlink network. The company is a leading participant in the commercial space industry, contributing to the expansion of global satellite communications and orbital launch capabilities.

An investment in the ETF is not a direct investment in SpaceX.

The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged inverse (-2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the inverse performance of the Underlying Security and is designed strictly for short-term use. For periods longer than a single day, the Fund's performance will be the result of compounded daily returns, which is very likely to differ from -200% of the return of SpaceX over the same period. It is possible investors could lose their entire principal within a single trading day.

Media Contact:

Sylvia Jablonski

info@defianceetfs.com

833.333.9383

IMPORTANT DISCLOSURES

Defiance ETFs LLC is the ETF sponsor. The Fund's investment adviser is Tidal Investments, LLC ("Tidal" or the "Adviser").

The Fund's investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read the prospectus and/or summary prospectus carefully before investing. Hard copies can be requested by calling 833.333.9383.

Investing involves risk. Principal loss is possible. As an ETF, the Fund may trade at a premium or discount to NAV. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. A portfolio concentrated in a single issuer or sector may be subject to a higher degree of risk. There is no guarantee the Fund's strategy will be properly implemented, and an investor may lose some or all of its investment.

SPCX Price Appreciation Risk. As part of the Fund's inverse investment strategy, the Fund enters into swap agreements and options contracts based on the share price of Space Exploration Technologies Corporation (NASDAQ: SPCX) (the "Underlying Security"). This strategy subjects the Fund to certain of the same risks as if it shorted shares of the Underlying Security, even though it does not. By virtue of the Fund's indirect -2X exposure to changes in the share price of the Underlying Security, the Fund is subject to the risk that the Underlying Security's share price increases. If the share price of the Underlying Security increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks:

Indirect Investment in SpaceX Risk. SpaceX is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates, and is not involved with this offering in any way. SpaceX has no obligation to consider the Fund or its shareholders in taking any corporate actions that might affect the value of Fund shares. Investors in the Fund will not have voting rights or other ownership privileges associated with holding shares of SpaceX.

SpaceX Performance Risk. SpaceX may fail to meet publicly announced expectations about its business, launch operations, satellite deployments, or commercial growth initiatives, which could cause the value of the Underlying Security to decline. SpaceX operates in a highly capital-intensive and technologically complex industry where launch failures, manufacturing defects, delays in deployment schedules, or operational disruptions could materially affect its business and financial condition.

Commercial Space Industry Risks. Companies engaged in the commercial space industry operate in an environment characterized by rapid innovation, high development costs, evolving regulatory oversight, and uncertain demand. The success of these businesses depends on their ability to maintain technological competitiveness, execute reliable launches, and secure ongoing funding and customer demand. Increased competition, regulatory changes, launch failures, or reductions in government spending could adversely affect SpaceX and the Fund's performance.

Satellite Communications Industry Risks. Companies involved in satellite communications and broadband services face significant operational, technological, and competitive risks. These businesses require substantial investment in satellite constellations, infrastructure, and network operations, and depend on continued regulatory approval for spectrum access and orbital positioning. Competition from terrestrial broadband providers and other satellite operators may limit growth opportunities and negatively impact the Underlying Security.

Elon Musk Influence Risk. The value of SpaceX may be significantly impacted by the actions, decisions, and public statements of Elon Musk. Public perception regarding Mr. Musk, his leadership, or involvement in other ventures may materially affect investor sentiment and the performance of the Underlying Security.

Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment that diversifies risk or tracks the market generally. The Fund's value may fluctuate more sharply in response to events affecting SpaceX than funds that invest in a broader range of issuers.

Recent IPO and Derivatives Capacity Constraints Risk. The Fund's ability to achieve its daily leveraged investment objective depends, in part, on the availability of swaps, options, and other financial instruments that provide exposure to the Underlying Security. For a recently public company, these instruments may be limited, illiquid, costly, or unavailable, particularly shortly after an IPO or during periods of significant volatility or market demand.

Compounding and Market Volatility Risk. The Fund's performance for periods greater than a trading day will be the result of each day's returns compounded over the period, which is likely to differ from 200% of the Underlying Security's performance. During periods of higher volatility, compounding effects may cause the Fund to lose value even if the Underlying Security's share price increases over the longer term.

Daily Correlation/Tracking Risk. There is no guarantee that the Fund will achieve a high degree of leveraged correlation to the Underlying Security. Market disruptions, volatility, or limitations in the availability of derivatives may cause the Fund's performance to deviate from its daily leveraged investment objective.

Leverage Risk. The Fund will seek 2X long exposure through financial instruments, which exposes the Fund to the risk that losses may be magnified. Leverage increases the Fund's volatility, and a relatively small movement in the Underlying Security's share price may result in significant losses for the Fund.

Counterparty Risk. The Fund is subject to counterparty risk due to its use of derivatives. If a counterparty fails to meet its contractual obligations, the Fund may experience delays or losses, which could negatively affect its performance.

Derivatives Risk. The Fund's investments in derivatives may pose risks greater than those associated with directly investing in securities. These risks include increased volatility, imperfect correlation with the Underlying Security, liquidity constraints, valuation challenges, and the potential for losses exceeding the amount initially invested.

Rebalancing Risk. If the Fund is unable to rebalance its portfolio correctly or in a timely manner, its exposure may not be consistent with its investment objective. This may increase the Fund's risk exposure and cause its performance to diverge from its intended daily leveraged results.

Non-Diversification Risk. Because the Fund is non-diversified, it may invest a greater percentage of its assets in a single issuer. As a result, the Fund may be more sensitive to adverse events affecting SpaceX than a diversified fund.

Swap Agreements. The use of swap transactions is a highly specialized activity, which involves investment techniques and risks different from those associated with ordinary portfolio securities transactions.

Fixed Income Securities Risk. When the Fund invests in fixed income securities, the value of your investment in the Fund will fluctuate with changes in interest rates.

High Portfolio Turnover Risk. Daily rebalancing is expected to result in high portfolio turnover. High portfolio turnover may increase transaction costs, which could reduce the Fund's returns and potentially result in higher taxable distributions for shareholders.

Liquidity Risk. Some securities or financial instruments held by the Fund may be difficult to sell, particularly during periods of market stress or volatility. Reduced liquidity may make it difficult for the Fund to adjust its exposure or meet its investment objective.

New Fund Risk. The Fund is a recently organized management investment company with a limited operating history. As a result, there is limited performance history upon which investors can evaluate the Fund.

Distributed by Foreside Fund Services, LLC.

Healthy Campus in action as d'Annunzio University turns out in force for Chieti Night Run

Tue, 16 Jun 2026 19:33:00 +0700

A great celebration of sport and community, with d'Annunzio University's "sea of blue" among the most visible features of the 26th edition of the Chieti Night Run. The University of Chieti-Pescara took part with 262 entrants, including students and staff, bringing a strong message of wellbeing, community spirit and close ties with the local area to the heart of the city.

Of the Ud'A participants, 202 were students and 60 were members of university staff. Forty-six competed in the official FIDAL 8.7-kilometre race, while 216 opted for the non-competitive 2.9-kilometre run and walk. The figures reflected a broad and diverse presence, combining sport, health, social interaction and a shared sense of belonging.

The event provided one of the most tangible expressions of the "Ud'A Healthy Campus" initiative, through which the University promotes an educational model centred on people and quality of life. For university students facing daily academic demands, examinations and pressure, physical activity represents a valuable ally for both body and mind, helping to improve energy levels, balance, concentration and stress management.

In this context, running and walking alongside the city acquired a meaning that extended beyond the sporting event itself. The strong presence of d'Annunzio University highlighted the institution's commitment to healthy lifestyles, prevention, psychological wellbeing, inclusion and sustainability, in line with the One Health approach underpinning the "Ud'A Healthy Campus" project.

The high level of female participation was also noteworthy, with 110 female students and 35 female members of staff, alongside five international students. These figures reinforced the inclusive nature of the initiative and reflected a university community able to come together beyond the traditional spaces of teaching, research and work.

"The response from d'Annunzio University was extraordinary," said the University's Director General, Paolo Esposito. "The remarkable presence of more than 200 students once again demonstrated the close relationship between the University and the city, as well as our commitment to promoting physical activity and sport as tools for wellbeing, inclusion and social cohesion. All this forms part of the broader 'Ud'A Healthy Campus' project, which translates the One Health concept into concrete actions aimed at promoting healthy lifestyles, physical and psychological wellbeing, balanced nutrition and sustainability."

The CARES Centre - the University's Centre for Disability, Rehabilitation and Sports Medicine, directed by Professor Domenico Genovesi - also took part in the event. Supported by Chieti Municipal Pharmacies, the Centre set up information points dedicated to prevention and wellbeing.

From a sporting perspective, the 8.7-kilometre competitive race started from Chieti's Villa Comunale and attracted 360 runners to the start line. Stefano Massimi claimed victory in 26:19, ahead of Lorenzo Dell'Orefice, who finished second in 27:11, while Nunzio Gabriele secured third place in 27:54.

In the women's race, Melissa Palanza took victory and finished thirteenth overall in 31:13. Alessia Righetti placed second and fifteenth overall in 31:25, while Sara Di Prinzio completed the podium in fortieth place overall with a time of 34:17.

Five athletes from d'Annunzio University finished on the podium at the event. The overall men's and women's titles went to Luca Tollis and Alessia Tartaglia. Among members of the University's Recreational and Cultural Association (CRAD Ud'A), Francesco Cavallucci and Lorena Savini were the top male and female finishers respectively.

Francesco D'Agostino narrowly missed the podium, securing an excellent fourth place overall.

In recognition of the University's strong involvement in the event, commemorative awards were presented by Piero Perrucci, of US Acli Marathon Chieti, to Paolo Esposito, Director General of the University, and Tiziano Zuccarini, President of CRAD Ud'A.

d'Annunzio University's "sea of blue"

Defiance ETFs Announces Resumption of Trading in the Defiance Daily 2X Space ETF (SPCL) on Cboe BZX Exchange, Inc.

Tue, 16 Jun 2026 19:30:00 +0700

MIAMI, June 15, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, today announced that Cboe BZX Exchange, Inc. (the "Exchange") has authorized the resumption of trading in shares of the Defiance Daily 2X Space ETF (Cboe BZX: SPCL), following the temporary trading halt initiated by the Exchange on June 12, 2026.

The temporary halt was the result of the Exchange exercising its broad discretionary authority to halt trading in a listed ETF, as authorized by Exchange rules. The Exchange has now exercised that same authority to lift the halt and permit trading in SPCL shares to resume.

Upon resumption, shares of SPCL may again be bought and sold on the secondary market during regular market hours. Throughout the temporary halt, the underlying portfolio assets remained secure and were not impacted by the halt of trading initiated by the Exchange.

For real-time updates on the status of SPCL, please monitor the Exchange's Issuer Portal (SPCL) or contact your financial advisor.

For full fund details, the prospectus, holdings, and performance current to the most recent month-end, visit defianceetfs.com/spcl or call 833.333.9383.

An investment in SPCL is not a direct investment in the underlying securities. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the performance of the Target Portfolio and is designed strictly for short-term use. For periods longer than a single day, the Fund's performance will be the result of compounded daily returns, which is very likely to differ from 200% of the return of the Target Portfolio over the same period. It is possible that investors could lose their entire principal within a single trading day.

Important Disclosures

Defiance ETFs LLC is the ETF sponsor. The Fund's investment adviser is Tidal Investments LLC ("Tidal" or the "Adviser").

The Fund's investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information and can be obtained by calling 833.333.9383 or by visiting defianceetfs.com/spcl. Please read the prospectus and summary prospectus carefully before investing.

An investment in the Fund involves a high degree of risk. An investor could lose the full principal value of his or her investment within a single day.

Strategy and Reconstitution Risk. The Fund is actively managed and, per its recently amended Prospectus, may reconstitute its portfolio to consist of exposure to a single Space Company security in response to a "Material Space Event" ? defined to include an initial public offering of a company, such as SpaceX, which the Adviser determines to be a significant participant in the space economy. SpaceX's IPO, a Material Space Event, will result in the Fund holding all or a predominant portion of its portfolio in instruments providing exposure to SpaceX shares, subjecting existing and future Shareholders to a substantially more concentrated and potentially more volatile investment portfolio due to such an event. Fund investment results following a reconstitution in response to a Material Space Event may differ materially from prior results and the Fund may as a result temporarily deviate from its daily targeted exposure level. The Fund's prospectus does not require the Adviser to provide advance notice before a reconstitution; however, the Fund's Target Portfolio is published daily on its website at www.defianceetfs.com/spcl.

An investment in the Fund is not an investment in SpaceX. The Fund seeks to obtain exposure to SpaceX Class A common stock, and to other Space Company securities, through derivatives, not by holding the underlying securities directly. Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.

Focused Portfolio and Concentration Risk. The Fund may seek exposure to one or a limited number of Space Company securities, including SpaceX. Given the Fund's exposure is concentrated in a one or a limited number of underlying stocks, such as SpaceX, the Fund is subject to the price movements, business results, regulatory developments, and other risks specific to SpaceX or other Space Companies. The Fund is significantly less diversified than traditional ETFs, and its performance is more volatile than a fund seeking exposure to a broader market sector or seeking to track a broad-based securities index.

Leverage, Compounding and Daily Reset Risk. The Fund seeks daily investment results equal to 200% of the daily performance of a Target Portfolio consisting of one or a limited number of Space Company securities, which may include or consistent entirely of SpaceX Class A common stock due to the Material Space Event. The Fund obtains exposure in excess of its net assets through leverage, which magnifies both gains and losses. The Fund's returns over periods longer than a single day will likely differ, in amount and possibly direction, from its stated daily target. For periods longer than a single day, the Fund will lose money if its Target Portfolio performance is flat, and it is possible that the Fund will lose money even if its Target Portfolio's performance increases. The Fund is intended for short-term use and is not appropriate for investors who do not intend to actively monitor and manage their portfolios.

Newly Public Company Risk. SpaceX has recently completed, or is in the process of completing, its initial public offering. The first day of trading in a newly public company's securities frequently involves extraordinary market activity and may differ significantly from subsequent trading days. For example, trading in SpaceX common stock may be characterized by substantial price volatility, rapid price movements, significant differences between the IPO price and the opening market price, wide bid-ask spreads, trading imbalances, limited liquidity, trading halts, and other market disruptions. These conditions may make it difficult for market participants to value SpaceX common stock and may contribute to significant fluctuations in the market price of the Fund's Shares.

SpaceX-Specific Risks. The Fund's exposure to SpaceX stock will subject it to risks specific to SpaceX, including its expected status as a controlled company with voting power concentrated in founder Elon Musk through Class B common stock (10 votes per share), the Fund's dependence on Mr. Musk's services and reputation, and the execution risk associated with unproven or novel technologies such as the Starship program, next-generation Starlink satellites, and orbital AI initiatives.

Initial Trading Day IPO Exposure Risk. The Fund expects to seek exposure to the performance of SpaceX common stock measured from the opening market price of SpaceX common stock on its first day of exchange trading. The Fund will not seek to provide exposure to the difference between the IPO offering price and the opening market price of SpaceX common stock. There can be no assurance that the Fund will be able to obtain, maintain, or rebalance its desired level of exposure to the performance of SpaceX common stock during its in initial day of trading.

Derivatives Capacity Constraints Risk. Because SpaceX will be a newly public company, the markets for swap agreements, options contracts, and other instruments that the Fund may use to obtain leveraged exposure may be limited, illiquid, volatile, costly, or unavailable. Counterparties may impose exposure limits, exchanges may impose position limits or other restrictions, and market participants may be unwilling or unable to provide the Fund with the desired level of exposure. These constraints may increase tracking error, cause the Fund to return substantially less than its desired daily leveraged exposure to the performance of SpaceX stock, or prevent the Fund from achieving its investment objective. These risks may be particularly pronounced during the period immediately following an IPO, when trading volumes, liquidity conditions, derivatives availability, counterparty capacity, price discovery, and market volatility may be highly uncertain.

Derivatives and Non-Diversification Risk. The Fund uses swap agreements and/or listed options contracts to obtain economic exposure to its Target Portfolio securities, which are subject to counterparty, liquidity, valuation, correlation, and leverage risks, as well as the risk that a derivative will not perform as expected. The Fund is classified as non-diversified and may invest a larger portion of its assets providing exposure to a single issuer.

Tax Risk. The Fund's use of swaps and other derivatives may produce taxable income, including ordinary income and short-term capital gains, which are generally taxable at higher rates than long-term capital gains.

Past performance does not guarantee future results. Fund holdings and exposures are subject to change at any time and should not be considered recommendations to buy or sell any security.

Defiance Daily 2X Space ETF is distributed by Foreside Fund Services, LLC.

About Defiance ETFs

Founded in 2018, Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account.

Media Contact: Brenda Hentschel | bhentschel@gregoryagency.com | 201.705.3758

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5a5c0544-ce9e-448b-8fc2-3ed279f10583

CEO iHerb Dinobatkan sebagai Pemenang EY US Entrepreneur Of The Year 2026 Pacific Southwest Award

Tue, 16 Jun 2026 19:18:00 +0700

IRVINE, Calif., June 15, 2026 (GLOBE NEWSWIRE) -- CEO iHerb, Emun Zabihi, dinobatkan sebagai pemenang EY US Entrepreneur Of The Year 2026 Pacific Southwest Award. Zabihi dipilih di antara hampir 1.000 peserta program yang mencakup 592 finalis dari 17 wilayah yang bersaing memperebutkan gelar tersebut.

Sejak menjadi CEO di tahun 2021, Zabihi telah memimpin iHerb melalui periode ekspansi internasional dan inovasi yang signifikan. Sekarang, iHerb melayani jutaan pelanggan di seluruh dunia melalui jaringan eCommerce dan pemenuhan pesanan global canggih, yang dibangun atas dasar keaslian produk, transparansi, dan kepercayaan pelanggan. Di bawah kepemimpinan Zabihi, perusahaan telah memperkuat posisinya sebagai platform eCommerce kebugaran global yang didedikasikan untuk membantu konsumen mendapatkan produk kesehatan dan kebugaran berkualitas tinggi di mana pun mereka tinggal.

"Pengakuan ini merupakan bukti nyata atas dedikasi luar biasa para anggota tim yang mewujudkan misi kami setiap hari," kata Zabihi. "Seiring dengan terus meningkatnya permintaan konsumen akan produk kesehatan dan kebugaran secara global, kami tetap berfokus pada inovasi, kepercayaan pelanggan, dan menghadirkan pengalaman luar biasa yang membantu masyarakat menjalani hidup sehat."

Kini memasuki tahun ke-41, program Entrepreneur Of The Year memberikan penghargaan kepada para pemimpin bisnis atas kecerdikan, keberanian, dan semangat kewirausahaan mereka. Program ini menghargai para pendiri yang merintis bisnis mereka dari awal dengan modal sendiri atau menggalang modal dari luar untuk mengembangkan perusahaan mereka. Penghargaan ini juga ditujukan bagi para CEO transformasional yang menanamkan inovasi ke dalam organisasi yang sudah ada untuk mendorong pertumbuhannya. Selain itu, program ini menghargai para pemimpin bisnis keluarga lintas generasi yang merancang ulang model bisnis lama untuk memperkuatnya demi masa depan.

Para pemenang tingkat regional dipilih oleh panel independen yang terdiri dari para pemenang terdahulu, CEO terkemuka, dan para pemimpin bisnis. Para juri menilai para kandidat berdasarkan penciptaan nilai jangka panjang, semangat kewirausahaan, komitmen yang berorientasi pada tujuan, serta pertumbuhan dan dampak yang signifikan.

Sebagai pemenang penghargaan Pacific Southwest, Zabihi kini akan dipertimbangkan oleh para juri nasional untuk Entrepreneur Of The Year 2026 National Awards. Penghargaan tingkat nasional ini akan diberikan pada bulan November dalam acara tahunan Strategic Growth Forum?. Acara tersebut menjadi tempat berkumpulnya para CEO perusahaan dengan pertumbuhan tinggi, eksekutif Fortune 1000, dan investor untuk membentuk masa depan dunia bisnis.

Tentang Entrepreneur Of The Year

Didirikan pada tahun 1986, Entrepreneur Of The Year telah memberikan penghargaan kepada lebih dari 11.000 visioner ambisius dalam memimpin bisnis yang sukses dan dinamis di AS. Sejak itu, program ini telah berkembang ke hampir 60 negara serta kawasan di seluruh dunia.

Tentang iHerb, LLC

iHerb adalah salah satu peritel eCommerce terbesar di dunia dengan spesialisasi di bidang kesehatan dan kebugaran, menghadirkan produk dari sekitar 2.000 merek kepada lebih dari 15 juta pelanggan aktif di 180 negara. Didukung oleh tenaga kerja global yang berjumlah hampir 2.000 anggota tim, iHerb memadukan skala global dengan pengalaman yang sangat terlokalisasi, menawarkan layanan dalam 36 bahasa, lebih dari 80 mata uang, dan lebih dari 40 metode pembayaran lokal. Jaringan rantai pasokan global iHerb yang canggih didukung oleh sembilan pusat pemenuhan pesanan berkendali suhu yang tersebar di AS, Asia, dan Timur Tengah. Hal ini memberikan pelanggan pengalaman berbelanja yang mulus dan andal. iHerb, yang didirikan pada tahun 1996 dan berkantor pusat di Irvine, California, memiliki misi untuk membuat kesehatan dan kesejahteraan menyeluruh dapat diakses oleh semua orang. Untuk mendapatkan informasi selengkapnya, kunjungi corporate.iherb.com.

Untuk mengajukan pertanyaan media, silakan hubungi:

press@iherb.com

iHerb CEO named EY US Entrepreneur Of The Year 2026 Pacific Southwest Award Winner

Tue, 16 Jun 2026 19:10:00 +0700

IRVINE, Calif., June 15, 2026 (GLOBE NEWSWIRE) -- iHerb CEO Emun Zabihi was named an EY US Entrepreneur Of The Year? 2026 Pacific Southwest Award winner. Zabihi was selected among nearly 1,000 program participants that included 592 finalists across 17 regions competing for the title.

Since becoming CEO in 2021, Zabihi has led iHerb through a period of significant international expansion and innovation. Today, iHerb serves millions of customers worldwide through a sophisticated global eCommerce and fulfillment network built on product authenticity, transparency and customer trust. Under Zabihi's leadership, the company has strengthened its position as a global wellness eCommerce platform dedicated to helping consumers access high-quality health and wellness products wherever they live.

"This recognition is a testament to the remarkable team members who bring our mission to life every day," said Zabihi. "As consumer demand for health and wellness continues to grow globally, we remain focused on innovation, customer trust and delivering exceptional experiences that help people live healthy lives."

Now in its 41st year, the Entrepreneur Of The Year program honors business leaders for their ingenuity, courage and entrepreneurial spirit. It celebrates original founders who bootstrapped their business from inception or raised outside capital to grow their company, transformational CEOs who infused innovation into an existing organization to catapult its trajectory and multigenerational family business leaders who reimagined a legacy business model to strengthen it for the future.

Regional winners were chosen by an independent panel of past winners, top CEOs and business leaders. Judges assessed candidates on long-term value creation, entrepreneurial spirit, purpose-driven commitment, and significant growth and impact.

As a Pacific Southwest award winner, Zabihi will now be considered by the national judges for the Entrepreneur Of The Year 2026 National Awards, which will be presented in November at the annual Strategic Growth Forum, where high-growth CEOs, Fortune 1000 executives and investors converge to shape the future of business.

About Entrepreneur Of The Year

Founded in 1986, Entrepreneur Of The Year? has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries and territories globally.

About iHerb, LLC

iHerb is one of the world's largest eCommerce retailers specializing in health and wellness, delivering products from approximately 2,000 brands to over 15 million active customers across 180 countries. Supported by a global workforce of nearly 2,000 team members, iHerb combines global scale with a deeply localized experience, offering service in 36 languages, over 80 currencies, and more than 40 local payment methods. iHerb's sophisticated global supply chain network spans nine climate-controlled fulfillment centers located in the U.S., Asia and the Middle East, providing customers a seamless and reliable shopping experience. Founded in 1996 and based in Irvine, California, iHerb is on a mission to make health and wellness accessible to all. For more information, please visit corporate.iherb.com.

For media inquiries, please contact:

press@iherb.com

Checkmarx One Achieves Industry's Highest Scanning Fidelity, Outperforming Both Legacy Tools and AI Models

Tue, 16 Jun 2026 19:03:00 +0700

New hybrid engine triples the industry's average fidelity score while cutting false positives by 60%

PARAMUS, N.J., June 15, 2026 (GLOBE NEWSWIRE) -- Checkmarx, the global leader in agentic application security, today announced a major advancement to the Checkmarx One platform: a new hybrid static application security testing (SAST) scanning engine set to deliver the industry's highest fidelity, known in the industry as an F1 score. AI-accelerated development is driving an unprecedented surge in software vulnerabilities, leaving organizations facing a tsunami of risk that no single scanning approach can address alone.

Neither rules-based analysis nor AI models tell the whole story alone. Deterministic scanning is the precision standard for the languages it covers, but AI-assisted development has introduced new and emerging languages that fall outside any fixed rule set. AI extends coverage to that new ground. However, scanning at volume surfaces findings faster than teams can act on them, burying the vulnerabilities that matter in noise. Today, 49% of code in production is AI generated and measurably more insecure, and exploit windows collapsing from months to minutes. Organizations need both the precision of deterministic analysis and the reach of AI.

To meet this moment, Checkmarx is introducing a new next generation SAST hybrid scanning engine within Checkmarx One. It combines three layers of protection: a deterministic rules-based foundation refined over two decades of enterprise AppSec; a purpose-tuned LLM engine that extends that proven foundation to any language, including AI-generated code and emerging languages; and the new Finding Analysis Engine (FAE), which confirms true positives and suppresses false ones before a single finding reaches a developer.

"No single approach - rules-based or AI - tells the whole story on its own," said Sandeep Johri, CEO of Checkmarx. "Deterministic scanning has earned its place as the precision standard, and AI extends that reach to code the rules were never written for. But neither alone separates the findings that matter from the ones that don't. At today's volumes, that noise is what slows teams down and drives up cost. Checkmarx One's hybrid engines bring together the best of both in a fundamentally different architecture."

In head-to-head testing across seven real production codebases, Checkmarx One's hybrid engine achieved an F1 score of 0.64 ? more than three times the 0.20 average across competing approaches that Checkmarx evaluated - while reducing false positives by 60%. The result: teams cut through massive findings volumes to high-confidence signals, focus remediation on what is genuinely exploitable, and stay protected as AI-generated code keeps introducing new risk.

Key capabilities of the new Checkmarx One hybrid scanning engine include:

Finding Analysis Engine (FAE): Reasons over every raw finding, suppressing false positives and confirming true ones - turning raw signals into high-fidelity results teams can act on immediately.

Language-agnostic scanning: Extends proven detection to any language, including AI-generated code, emerging languages, and polyglot codebases (applications that combine multiple programming languages) - closing the new gaps that AI coding assistants introduce without sacrificing precision on established ones.

Defensible governance: Board-grade evidence of what is exploitable and what has been resolved, anchored to real attackability rather than raw counts - so leaders can make risk decisions.

"AI has handed developers an unprecedented productivity boost, but independent benchmarks show that even the best models produce insecure code in a third to nearly half of cases - and the tools meant to catch it can burn through compute budgets chasing false positives," said Jonathan Rende, Chief Product Officer at Checkmarx. "What teams need isn't just more findings, it's confidence and predictability: surfacing the vulnerabilities that truly matter, eliminating the noise, and doing it without blowing past budgets. That's the assurance Checkmarx One now gives every customer - the highest fidelity in the industry, with the economics to match."

The new hybrid scanning engines and Finding Analysis Engine are available in early access now as part of the Checkmarx One platform. For more information, visit checkmarx.com or join the upcoming virtual summit Agentic AppSec Unleashed '26 on June 16, 2026.

About Checkmarx

Checkmarx is the leader in agentic application security, delivering enterprise-grade protection while lowering engineering costs and accelerating development velocity. The Checkmarx One platform scans trillions of lines of code each year for companies, cutting vulnerability density by more than half. Its autonomous security agents detect and counter AI-driven threats across the SDLC, providing prevention-first protection for legacy, modern, and AI-generated code at enterprise scale. Follow Checkmarx on LinkedIn, YouTube, and X.

For more information:

PR@checkmarx.com

General Fusion's Joint F-4 with Spring Valley Acquisition Corp. III in Connection with Proposed Business Combination Declared Effective by SEC

Tue, 16 Jun 2026 07:42:00 +0700

Milestone advances General Fusion toward the final stages of becoming the first publicly traded pure-play fusion energy company

VANCOUVER, British Columbia, June 15, 2026 (GLOBE NEWSWIRE) -- General Fusion Inc. ("General Fusion" or the "Company"), a leader in the global race to commercialize fusion energy, today announced that its joint registration statement on Form F-4, as amended (the "Registration Statement"), filed in connection with its proposed business combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), a publicly traded special purpose acquisition company ("Spring Valley," or "SVAC"), was declared effective by the Securities and Exchange Commission on June 12, 2026.

Spring Valley has set a record date of June 12, 2026 (the "Record Date"), and meeting date of July 6, 2026, for its extraordinary general meeting of shareholders ("Extraordinary General Meeting"). Spring Valley shareholders of record at the close of business on the Record Date are entitled to receive notice of the Extraordinary General Meeting and to vote the ordinary shares of Spring Valley owned by them at the Extraordinary General Meeting. The Extraordinary General Meeting will be held in-person at the offices of Greenberg Traurig, LLP, located at One Vanderbilt Ave, New York, NY 10017. If the Spring Valley and General Fusion securityholders vote to approve the proposed business combination, the transaction is expected to close shortly thereafter, subject to the satisfaction of customary closing conditions.

General Fusion previously announced its proposed business combination with Spring Valley on January 22, 2026. At the closing of the transaction, Spring Valley will be renamed "General Fusion Group Ltd.," and once the transaction is completed, the combined company's shares and warrants are expected to trade on Nasdaq under the ticker symbols "GFUZ" and "GFUZW," respectively, subject to approval of its listing application.

General Fusion continues to advance its core technology while building momentum across governance, global industry engagement, and capital markets:

Real machines, real results: Over the past two decades, General Fusion has built and operated dozens of real-world testbeds, prototypes, and demonstrations, completing more than 200,000 plasma experiments. This work has culminated in Lawson Machine 26 ("LM26"), the Company's world-first, large-scale Magnetized Target Fusion ("MTF") demonstration machine, now operating at its Vancouver facility. General Fusion is one of four companies worldwide to have achieved and published meaningful fusion results on the path to the Lawson criterion, supported by more than 35 peer-reviewed publications and 210 issued and pending patents. Recent publications supporting General Fusion's MTF technology include papers on a key LM26 temperature diagnostic, as well as U.S. Department of Energy-funded research conducted by Savannah River National Laboratory that supports the Company's advantageous fuel-cycle design for MTF using its proprietary liquid metal wall.

Award-winning innovation: General Fusion was recently ranked first on TIME's prestigious list of the World's Top GreenTech Companies of 2026 for its leadership in fusion energy. The Company was also named one of Canada's Most Ambitious Companies by BetaKit.

Experienced leadership team: Building on General Fusion's seasoned leadership, the Company announced key appointments to strengthen its Board of Directors as it prepares to enter the U.S. public markets. Wendy Kei, Board Chair of Ontario Power Generation, will serve as Audit Committee Chair, and Thomas Boehlert, former CFO of US Strategic Metals, with more than three decades of experience across industrials, natural resources, agribusiness, power generation, and the energy transition, will serve as Chair of the Nominating and Governance Committee.

Global presence across fusion, energy, technology, and investor conferences: In the first half of 2026, General Fusion leadership presented at major industry events, including FusionX:Global, FusionX:Americas, the Fusion Industry Association Annual Policy Conference, The Economist's Fusion Fest, Web Summit Vancouver, and Canaccord Genuity's inaugural Nuclear Nexus conference. On April 29, the Company hosted an Analyst Day at Nasdaq MarketSite in New York, with more than 100 attendees participating in person and online, reflecting strong engagement from the investment community.

Quick Facts:

General Fusion's MTF is designed to solve significant barriers to commercializing fusion energy at a time when electricity demand is surging, and nations around the world are racing to commercialize fusion power.

As a technology, MTF aims to achieve fusion in a practical way, avoiding superconducting magnets and high-powered lasers, while enabling the use of existing materials for durable machines that would produce cost-effective energy.

In early 2025, General Fusion announced that it had designed, built, and begun operating its world-first LM26 fusion demonstration machine in under two years. LM26 is the first MTF demonstration machine to be built at a commercially relevant scale. It mechanically compresses plasma with a lithium liner at 50% commercial-scale diameter.

LM26 aims to achieve key fusion technical milestones: plasma heating to 1 keV (10 million degrees Celsius), then 10 keV (100 million degrees Celsius), and ultimately the Lawson criterion, the combination of fusion parameters that can produce net fusion energy in the plasma.

About General Fusion

General Fusion is pursuing a fast and practical approach to commercial fusion energy and is headquartered in Vancouver, Canada. The Company was established in 2002 and has been funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at www.generalfusion.com. General Fusion announced its proposed business combination with Spring Valley in January 2026.

Investor Relations Contact:

You can contact General Fusion's Investor Relations team by email at: investors@generalfusion.com.

If you are based in North America, you may also leave a toll-free voicemail at +1 (833) 717-1519. Callers outside North America can reach us at +1 (236) 253-6968.

Media Relations Contact:

media@generalfusion.com

1-866-904-0995

ASKO is proud to be an official partner and refrigerator sponsor of the FIFA World Cup 2026

Tue, 16 Jun 2026 07:40:00 +0700

ASKO partners with the FIFA World Cup 2026, honouring the dedication, time and dreams that define world-class performance

Tue, 16 Jun 2026 07:30:00 +0700

LIDK?PING, Sweden, June 15, 2026 (GLOBE NEWSWIRE) -- ASKO is proud to be an official partner and refrigerator sponsor of the FIFA World Cup 2026, reflecting our global presence and commitment to excellence. This collaboration brings together two worlds driven by precision, performance and consistency - where every detail matters.

Rooted in Scandinavian design and a legacy of innovation, ASKO appliances are built to deliver long-lasting performance, reliability and uncompromising quality. The partnership highlights a shared mindset: the discipline, dedication and pursuit of perfection required to perform at the highest level.

ASKO's campaign celebrates the time, patience and dedication it takes to become a champion. It's a journey that often begins with childhood dreams of the future. Just as great athletes are shaped over years of practice and persistence, ASKO appliances are developed with the same long-term perspective. Built for longevity, reliability and enduring performance, they reflect a commitment to quality that stands the test of time - from early inspiration to lasting excellence.

ASKO is proud to be an official partner and refrigerator sponsor of the FIFA World Cup 2026.

From stadium performance to everyday living

On the global stage, performance is everything. The same principles that define elite sport are at the core of ASKO's approach to appliance design. Every ASKO refrigerator is engineered to preserve freshness, optimise storage and deliver consistent results ? day after day.

About ASKO

ASKO is rooted in Scandinavian design values of simplicity, durability, and functionality. Today, it creates premium kitchen and laundry appliances that unite precision engineering with timeless design?built to endure and thoughtfully enhance everyday living.

For more information, visit www.asko.com or contact press@asko.com.

Mavenir First Major Network Software Vendor to Receive 5G Packet Core Network Function Certification Under Germany's BSI NESAS Scheme

Tue, 16 Jun 2026 07:26:00 +0700

BONN, Germany, June 15, 2026 (GLOBE NEWSWIRE) -- Mavenir, the software company building Cloud-Native, AI-by-design mobile networks, today announced to be the first tier-1 telecommunications infrastructure software provider to receive the BSI NESAS certification for a 5G Packet Core network function. The certificate confirms that the Mavenir Network Repository Function (NRF) fulfils the security standard requirements for use as a critical component in public telecommunications networks in Germany.

Fabian Hodouschek, Head of Certification at the Federal Office for Information Security (BSI), presents the BSI NESAS certificate to Omar Shahdad

Fabian Hodouschek, Head of Certification, Federal Office for Information Security (BSI): "By issuing the first BSI NESAS cybersecurity certificate to the manufacturer Mavenir, we make an important contribution to securing Germany's mobile telecom networks. It is the first certificate for a critical 5G core network component used by operators of public 5G mobile networks in Germany. It confirms that Mavenir's Network Repository Function, including its development and lifecycle processes, meets the standards of the internationally recognized NESAS security framework. We congratulate Mavenir on this success and welcome the commitment of manufacturers to have their critical core network components certified according to BSI NESAS."

This initial milestone positions Mavenir at the forefront of regulatory readiness following Germany's mandatory BSI NESAS certification requirements that took effect on January 1, 2026, under the German Telecommunications Act (TKG) and the BSI Act (BSIG). Mavenir is progressing certification of its full Packet Core and IMS portfolio, with completion targeted by Q3 2026, enabling operators to deploy compliant, secure, and cloud-native network architectures at scale.

Omar Shahdad, Senior Vice President, Operations, Mavenir: "This certification validates Mavenir's commitment to delivering not only industry-leading 5G software, but software that meets the most rigorous national cybersecurity standards. As regulators across Europe raise the bar for network security, Mavenir is ready."

The certificate was awarded by the certification body of the Federal Office for Information Security (BSI) of Germany under the BSI NESAS certification scheme, a cybersecurity certification that builds upon the internationally recognized GSMA NESAS security assurance framework. BSI NESAS combines rigorous assessment of product development and lifecycle processes with hands-on security testing of the actual product, setting a high bar for critical network infrastructure.

The BSI NESAS certificate for Mavenir NRF CC 24.4.2 p4 is publicly available on the BSI website: https://www.bsi.bund.de/SharedDocs/Zertifikate_NESAS/NESAS-0007-2026.html?nn=1078814

For more information about the BSI NESAS certification scheme, visit: https://www.bsi.bund.de/dok/nesas-en

About Mavenir

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

Mavenir PR Contact:

Emmanuela Spiteri

PR@mavenir.com

Schneider Electric and Hon Hai Technology Group (Foxconn) announce strategic collaboration to accelerate next-generation AI data centers

Tue, 16 Jun 2026 07:23:00 +0700

RUEIL-MALMAISON, France and TAIPEI, Taiwan, June 15, 2026 (GLOBE NEWSWIRE) -- Schneider Electric, a global energy technology leader, today announced a strategic collaboration with Hon Hai Technology Group (Foxconn), the world's largest electronics manufacturer, to help define and scale the next generation of AI data centers.

As AI adoption surges, the demands on digital infrastructure are being fundamentally reshaped. This collaboration brings together Foxconn's unmatched expertise in advanced compute platforms, AI rack integration, and global manufacturing with Schneider Electric's leadership in power systems, cooling, and energy management. Together, the companies aim to deliver integrated, ready-to-deploy solutions that enable customers to build and operate AI infrastructure with greater speed, efficiency, and predictability across regions. Production will begin later this year.

"At the pace AI is evolving, the industry requires a new model for how infrastructure is designed, built, and delivered," said Young Liu, Chairman of Foxconn. "By combining Foxconn's strength in AI systems and global manufacturing with Schneider Electric's deep expertise in power and energy, we are creating a path for customers to deploy AI capacity at scale?faster, smarter, and more sustainably."

"AI demand continues to accelerate, and as compute scales to keep pace, the energy behind it becomes a fundamental enabler," said Olivier Blum, CEO of Schneider Electric. "If we want to scale AI responsibly, these systems must be connected. This is where energy intelligence becomes essential. At Schneider Electric, we are advancing energy tech to build the most efficient and sustainable AI factories by bringing integrated power, cooling, and digital capabilities into AI data centers. Working with Foxconn, we are helping customers build capacity with real speed, resilience, and efficiency, as energy technology partners to an industry that is firmly entering the era of intelligence."

Through this collaboration, Foxconn and Schneider Electric will co-develop next-generation reference architectures for AI data centers. The partnership will also explore innovations in closed-loop energy optimization, modular power and cooling skids, and standardized design frameworks, creating repeatable, high-performance blueprints for AI factories worldwide. By aligning manufacturing excellence with energy intelligence, the two companies are setting the foundation for a new class of AI infrastructure that is scalable by design, efficient by default, and ready to meet the accelerating demands of the AI era.

Schneider Electric and Hon Hai Technology Group (Foxconn) announce strategic collaboration to accelerate next-generation AI data centers

Press contact: media.relations@se.com

About Foxconn

Hon Hai Technology Group (Foxconn) (TWSE:2317) is the world's largest electronics manufacturer and leading technology solutions provider, ranking 28th in Fortune Global 500. In 2025, revenue totaled TWD8.1 trillion (approx. USD260 billion). The Group's market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and other. Operating over 240 campuses across 24 countries, Foxconn is one of the world's largest employers with approx. 900,000 employees during peak manufacturing season. We are committed to sustainability in the manufacturing process and serving as a best-practice model for global enterprises. The Group is guided by its 3+3+3 strategy, actively investing in industries of electric vehicles, digital health, and robotics; in technologies of artificial intelligence, semiconductors and next-generation communications; in intelligent platforms of Smart Manufacturing, Smart EV and Smart City. Foxconn is dedicated to becoming a comprehensive, world-class enterprise, with AI as its core driving force. Learn more at www.foxconn.com/en-us

About Schneider Electric

Schneider Electric is a global energy technology leader, driving efficiency and sustainability by electrifying, automating, and digitalizing industries, businesses, and homes. Its technologies enable buildings, data centers, factories, infrastructure, and grids to operate as open, interconnected ecosystems, enhancing performance, resilience, and sustainability. The portfolio includes intelligent devices, software-defined architectures, AI-powered systems, digital services, and expert advisory.

With 160,000 employees and one million partners in over 100 countries, Schneider Electric is consistently ranked among the world's most sustainable companies.

www.se.com

Discover the newest perspectives on Advancing Energy Tech on Schneider Electric Insights.

Embracing Summer Effortlessly: Garvee Unveils All-Scenario Collection for the Modern Family

Tue, 16 Jun 2026 07:22:00 +0700

ONTARIO, CA - Media OutReach Newswire - 15 June 2026 - As the summer heat rolls in, modern parents face the dual challenge of efficient parenting and maintaining personal well-being. To address this, Garvee has its offer, blending sleek aesthetics with everyday practicality to help urban families unlock a lifestyle of effortless elegance.

Restoring Indoor Order and Cool Comfort

Summer seasonal transitions often bring entryway chaos. The Garvee shoe storage cabinet, providing dedicated storage for sneakers, sandals, and children's footwear. By keeping essentials neatly organized, it transforms chaotic mornings into smoother routines.

Moving further inside, the installation-free portable air conditioner defies space constraints.The 9000 BTU model is ideal for bedrooms, home offices, and smaller living spaces, while the 12000 BTU version delivers the additional cooling power needed for larger rooms and open-plan areas. Both units combine cooling, dehumidifying, and fan functions in one convenient appliance, helping create a refreshing indoor atmosphere throughout the summer season.

Crafting a Backyard "Micro-Vacation" for Parental Recharge

Long-distance travel with toddlers can be exhausting, but a garden nearby can be the ultimate retreat. By deploying the folding gazebo, families can instantly shield themselves from intense heat wave. Paired with an egg-shaped hanging chair, it becomes the perfect corner for parents to unwind with a book, listen to music, or simply enjoy a quiet moment between daily responsibilities.

Elegant Mobility for Quality Family Outings

When the evening breeze sets in, neighborhood strolls become a cherished pleasure. Our 12V Electric Ride-on Truck turns these simple moments into chic family adventures. Designed for children aged 3?8, it features realistic LED lights and Bluetooth connectivity, while dual driving modes and a one-button emergency remote ensure complete peace of mind for parents, blending effortless style with ultimate safety.

From indoor organization to outdoor leisure, Garvee's offer is now officially available across Amazon and Website. Discover your ideal summer living picture and embrace a cooler, more harmonious season today.

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