Author: Asianet Pakistan

Collaboration with Intel Foundry opens access to a proven SLT and Burn-In test ecosystem and test engineering, accelerating time-to-market for fabless customers

SINGAPORE, May 20, 2025 (GLOBE NEWSWIRE) — AEM Holdings Ltd. (SGX: AWX, Reuters: AEM.SI, Bloomberg: AEM:SP) today announced it is working with Intel Foundry to expand access to their established System-Level Test (SLT) and Burn-In capabilities, tailored for advanced computing devices, to Intel Foundry’s customer base. Built on decades of collaboration, AEM and Intel Foundry have developed one of the most extensive and mature SLT and Burn-In ecosystems.

As chips grow in complexity, particularly in high-performance computing (HPC) and artificial intelligence (AI) applications, the need for Burn-In and SLT test solutions has become more critical than ever, to ensure test coverage while reducing the total cost of test. Conducted after the advanced package assembly process, Burn-in and SLT tests ensure chips meet reliability and performance standards in real-world environments — a crucial step to reduce field failures and improve product quality. The partnership between AEM and Intel Foundry offers a proven solution and strategic roadmap, delivering precise thermal control and validation capabilities for next-generation devices, with specifications including power exceeding 2,000 watts and support for package sizes surpassing 200mm x 200mm.

Through this collaboration, AEM brings device-specific configurable test units, advanced handlers and consumables, PiXL Active Thermal Control (ATC), along with software and application support for customer native boards — delivering a fully integrated approach to SLT and Burn-In enablement. This complements Intel Foundry’s comprehensive suite of services, including factory automation, adaptive test data management, turnkey Burn-In Board (BIB) solutions, test program development, customer board integration, and full product debug and execution support.

Key customer benefits include:

• Faster Time-to-Market: Built on a scalable, production-proven platform used across high-volume fabs.   Supported by AEM and Intel Foundry global engineers on hardware integration, test consumable designs, software development, and test application engineers.
• Lower Capital Expenditure: Minimal new infrastructure required, leveraging an established install base of thousands of systems worldwide.
• U.S.-based Engineering and Production Ecosystem: Local teams from both companies enable rapid deployment and support standards-based qualification, including High Temperature Operating Life (HTOL).

“With chiplet-based architectures redefining integration and performance expectations, our open SLT and Burn-In ecosystem—developed with AEM—provides semiconductor manufacturers with a fast, scalable path to high-quality production. This collaboration enhances test coverage, accelerates time-to-market, and ensures the reliability required for AI and HPC applications,” said Mark Gardner, Vice President, Intel Foundry Services, Package and Test Business Group.

“As performance demands rise and chiplet integration becomes the new norm, manufacturers need more than just tools—they need a proven ecosystem. Together with Intel Foundry, we’re enabling customers to reduce capital costs, accelerate qualification, and benefit from deep engineering collaboration that drives product success,” said Amy Leong, CEO of AEM Holdings Ltd.

About AEM Holdings Ltd.
AEM is a global leader in test innovation. We provide the most comprehensive semiconductor and electronics test solutions based on the best-in-class technologies, processes, and customer support. AEM has a global presence across Asia, Europe, and the United States. With manufacturing plants located in Singapore, Malaysia (Penang), Indonesia (Batam), Vietnam, and Finland (Lieto), South Korea, and the United States (Tempe) and a global network of engineering support, sales offices, associates, and distributors, we offer our customers a robust and resilient ecosystem of test innovation and support.

AEM Holdings Ltd. is listed on the main board of the Singapore Exchange (SGX: AWX, Reuters: AEM.SI, Bloomberg: AEM:SP). AEM’s head office is in Singapore.

Safe Harbour Statement
This document contains forward-looking statements, including but not limited to, statements regarding AEM Holdings Ltd.’s collaboration with Intel Foundry, the capabilities and benefits of the System-Level Test (SLT) and Burn-In ecosystem, and expected outcomes for customers. These forward-looking statements are based on current expectations, projections, and assumptions about future events and are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied in such statements. Factors that could cause actual outcomes to differ materially include, but are not limited to, changes in market conditions, technological advancements, competitive pressures, and regulatory changes. AEM Holdings Ltd. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Media Contacts

AEM Holdings Ltd.
Name:	Lisa Schwartz, Director of Marketing
Email	[email protected]
Office Phone	1.480.566.6605

GlobeNewswire Distribution ID 9451892

Collaboration with Intel Foundry opens access to a proven SLT and Burn-In test ecosystem and test engineering, accelerating time-to-market for fabless customers

SINGAPORE, May 20, 2025 (GLOBE NEWSWIRE) — AEM Holdings Ltd. (SGX: AWX, Reuters: AEM.SI, Bloomberg: AEM:SP) today announced it is working with Intel Foundry to expand access to their established System-Level Test (SLT) and Burn-In capabilities, tailored for advanced computing devices, to Intel Foundry’s customer base. Built on decades of collaboration, AEM and Intel Foundry have developed one of the most extensive and mature SLT and Burn-In ecosystems.

As chips grow in complexity, particularly in high-performance computing (HPC) and artificial intelligence (AI) applications, the need for Burn-In and SLT test solutions has become more critical than ever, to ensure test coverage while reducing the total cost of test. Conducted after the advanced package assembly process, Burn-in and SLT tests ensure chips meet reliability and performance standards in real-world environments — a crucial step to reduce field failures and improve product quality. The partnership between AEM and Intel Foundry offers a proven solution and strategic roadmap, delivering precise thermal control and validation capabilities for next-generation devices, with specifications including power exceeding 2,000 watts and support for package sizes surpassing 200mm x 200mm.

Through this collaboration, AEM brings device-specific configurable test units, advanced handlers and consumables, PiXL Active Thermal Control (ATC), along with software and application support for customer native boards — delivering a fully integrated approach to SLT and Burn-In enablement. This complements Intel Foundry’s comprehensive suite of services, including factory automation, adaptive test data management, turnkey Burn-In Board (BIB) solutions, test program development, customer board integration, and full product debug and execution support.

Key customer benefits include:

• Faster Time-to-Market: Built on a scalable, production-proven platform used across high-volume fabs.   Supported by AEM and Intel Foundry global engineers on hardware integration, test consumable designs, software development, and test application engineers.
• Lower Capital Expenditure: Minimal new infrastructure required, leveraging an established install base of thousands of systems worldwide.
• U.S.-based Engineering and Production Ecosystem: Local teams from both companies enable rapid deployment and support standards-based qualification, including High Temperature Operating Life (HTOL).

“With chiplet-based architectures redefining integration and performance expectations, our open SLT and Burn-In ecosystem—developed with AEM—provides semiconductor manufacturers with a fast, scalable path to high-quality production. This collaboration enhances test coverage, accelerates time-to-market, and ensures the reliability required for AI and HPC applications,” said Mark Gardner, Vice President, Intel Foundry Services, Package and Test Business Group.

“As performance demands rise and chiplet integration becomes the new norm, manufacturers need more than just tools—they need a proven ecosystem. Together with Intel Foundry, we’re enabling customers to reduce capital costs, accelerate qualification, and benefit from deep engineering collaboration that drives product success,” said Amy Leong, CEO of AEM Holdings Ltd.

About AEM Holdings Ltd.
AEM is a global leader in test innovation. We provide the most comprehensive semiconductor and electronics test solutions based on the best-in-class technologies, processes, and customer support. AEM has a global presence across Asia, Europe, and the United States. With manufacturing plants located in Singapore, Malaysia (Penang), Indonesia (Batam), Vietnam, and Finland (Lieto), South Korea, and the United States (Tempe) and a global network of engineering support, sales offices, associates, and distributors, we offer our customers a robust and resilient ecosystem of test innovation and support.

AEM Holdings Ltd. is listed on the main board of the Singapore Exchange (SGX: AWX, Reuters: AEM.SI, Bloomberg: AEM:SP). AEM’s head office is in Singapore.

Safe Harbour Statement
This document contains forward-looking statements, including but not limited to, statements regarding AEM Holdings Ltd.’s collaboration with Intel Foundry, the capabilities and benefits of the System-Level Test (SLT) and Burn-In ecosystem, and expected outcomes for customers. These forward-looking statements are based on current expectations, projections, and assumptions about future events and are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied in such statements. Factors that could cause actual outcomes to differ materially include, but are not limited to, changes in market conditions, technological advancements, competitive pressures, and regulatory changes. AEM Holdings Ltd. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Media Contacts

AEM Holdings Ltd.
Name:	Lisa Schwartz, Director of Marketing
Email	[email protected]
Office Phone	1.480.566.6605

GlobeNewswire Distribution ID 9451892

NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sana Biotechnology, Inc. (NASDAQ: SANA) between March 17, 2023 and November 4, 2024, inclusive (the “Class Period”), of the important May 20, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Sana securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Sana class action, go to https://rosenlegal.com/submit-form/?case_id=37267 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 20, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Sana was at significant risk of having insufficient funds to maintain its current operations and advance one or more of its product candidates; (2) SC291 in oncology, SC379, and SG299 were less promising than defendants had led investors to believe; (3) in order to preserve cash and advance its more promising product candidates, Sana was likely to decrease funding for and/or discontinue SC291 in oncology, SC379, and SG299, as well as significantly reduce its headcount; (4) accordingly, defendants overstated Sana’s financial capacity to maintain its current operations and advance its existing product candidates; and (5) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Sana class action, go to https://rosenlegal.com/submit-form/?case_id=37267 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 9454286

NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Perpetua Resources Corp. (NASDAQ: PPTA) between April 17, 2024 and February 13, 2025, both dates inclusive (the “Class Period”), of the important May 20, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Perpetua securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Perpetua class action, go to https://rosenlegal.com/submit-form/?case_id=35099 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 20, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, during the Class Period, Defendants provided investors with material information concerning Perpetua’s expected initial capital expenditure for the Stibnite Gold Project. Defendants’ statements included, among other things, minimization of the impact of inflation and other potential sources for increased capital expenditure costs for the project. Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true cost of the Stibnite Gold Project; notably, the true impact of inflation and undisclosed decisions Defendants had made or were otherwise contemplating which had resulted in a drastic increase in projected initial capital expense. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Perpetua’s securities at artificially inflated prices. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Perpetua class action, go to https://rosenlegal.com/submit-form/?case_id=35099 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 9454272

NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Firsthand Technology Value Fund, Inc. (OTC: SVVC) between January 1, 2021 and November 14, 2023 (the “Class Period”), of the important May 20, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Firsthand Technology common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Firsthand Technology class action, go to https://rosenlegal.com/submit-form/?case_id=36230 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 20, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: according to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that (1) the managers and/or service providers of Firsthand Technology Value Fund, Inc. (the “Fund”) destroyed over $200 million in shareholder value; (2) defendants began inflating the value of the Fund’s remaining investments to hide further losses by calculating multi-million-dollar valuations, using facially implausible valuation methodologies, for companies that they knew were or were in the process of failing; (3) these fraudulent valuations were integrated into the Fund’s publicly stated net asset value (“NAV”) and disclosed to investors; and (4) as a result, purchasers of the Fund’s shares during the Class Period were damaged by significant inflation in the market price caused by the fraudulent NAVs.

To join the Firsthand Technology class action, go to https://rosenlegal.com/submit-form/?case_id=36230 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 9454264

Experienced Marketing and Technology Executive Tyler Jones to Join Duck Creek Technologies

BOSTON, May 19, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces the appointment of Tyler Jones as Chief Marketing Officer (CMO). As CMO, Jones will be responsible for overseeing Duck Creek’s strategic marketing and branding efforts, driving the company’s global expansion and leadership as a provider of P&C insurance software and services.

“Tyler is a seasoned marketer and leader who understands how to deliver value to our customers and partner ecosystem,” said Mike Jackowski, Chief Executive Officer of Duck Creek Technologies. “He has a wealth of experience building and scaling world-class marketing organizations for cloud-based software companies. I am thrilled to welcome him to the Duck Creek team and look forward to working with him to accelerate our growth and expand our market leadership.”

With over two decades of experience at the intersection of technology, insurance, and customer experience, Tyler joins Duck Creek from CLARA Analytics, where he led growth initiatives and commercial partnership programs that drive the adoption of AI-powered solutions.

“I am honored and excited to join Duck Creek at this pivotal time in the insurance industry,” said Tyler Jones. “Duck Creek is a visionary company that is transforming the way insurers operate and serve their customers. I am impressed by the company’s culture, products, and customer-centric approach. I look forward to collaborating with the talented Duck Creek team and partners to amplify our brand, engage our audiences, and drive business outcomes.”

Tyler held pivotal roles at Kaiser Permanente and AIG, where he spearheaded large-scale digital transformations. At Kaiser Permanente, he led a $250 million multiyear overhaul of the revenue cycle and consumer medical billing systems. As Global Head of Data Strategy at AIG, he focused on leveraging data to inform strategic decisions and enhance customer experiences.

At CLARA Analytics, Tyler continued to drive customer-centric strategies, ensuring that clients achieved optimal value from the company’s AI platform. His leadership was instrumental in CLARA’s mission to deliver compelling ROI to customers within months of implementation.

Jones holds an undergraduate degree in marketing from the University of Utah and a Master of Business Administration from the UCLA Anderson School of Management.

About Duck Creek Technologies
Duck Creek Technologies is the global intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.

Media Contacts:
Marianne Dempsey/Tara Stred
[email protected] 

GlobeNewswire Distribution ID 9453497