Leil Storage Announces SaunaFS HAMR Support, Enabling Greater Storage Capacity for On-Premises Deployments

TALLINN, Estonia, July 23, 2025 (GLOBE NEWSWIRE) — Leil Storage today announces SaunaFS 5.0 support for the newly available Heat-Assisted Magnetic Recording (HAMR) technology, further enhancing its leading open-source distributed file system for exabyte-scale, on-premises workloads. With this update, SaunaFS 5.0 fully supports HAMR SMR drives from Seagate Technology, LLC, a global, mass capacity data storage leader, enabling integration with the industry’s largest hard drives and raising the benchmark for sustainable, large-scale storage systems.

Breakthrough Storage Capacity and Efficiency

By supporting the general availability of HAMR drives built on Mozaic3+™ platform, SaunaFS 5.0 gives customers access to the highest single-drive capacities in the sector. Pairing advanced laser-assisted writing (HAMR) with shingled track management (SMR), organizations can benefit from cutting-edge areal density ideal for hyperscale, nearline, and archival workloads.

Key features introduced in this release include:

  • Native HAMR SMR compatibility: Fast, easy deployment of Seagate Technology, LLC’s Mozaic3+™ HAMR SMR drives.
  • Flexible clustering and easy start: Mixed operation across CMR, HAMR, and HAMR SMR drives, even at different capacities.
  • Performance gains: Data-handling optimizations have achieved a significant performance boost for both reads and writes.
  • Sustainability-focused design: Enhanced integration with sustainability tools, such as Autonomous Drive Regeneration (ADR) and Leil’s own Infinite Cold Engine (ICE), delivering real energy savings in petascale and exabyte-scale environments.

“We’ve always believed that hyperscale-grade technology shouldn’t just be for the tech giants,” said David Gerstein, CTO of Leil Storage. “Getting SaunaFS 5.0 to support HAMR drives in general, and HAMR SMR drives specifically, right as they’re hitting the market was a big deal for us – we wanted enterprises of any size to benefit from these massive leaps in storage capacity as soon as possible. This release is all about putting innovative, efficient storage within reach for everyone.”

Leil extends an invitation to all data-intensive organizations to participate in the launch and reap the benefits of hyperscale technologies on-premises for sustainable data generation and consumption, without compromising performance. Special terms are available for research organizations, supercomputing centers, and educational institutions.

About Leil Storage

Leil Storage delivers scalable, sustainable file storage solutions, shaping the future of enterprise data infrastructure. SaunaFS is open source and free to use, with commercial modules available for advanced features and support.

Discover more at leil.io and follow Leil Storage on LinkedIn.

Aleksander RagelCEO
Leil Storage & SaunaFS
Mobile: +372 560 44462

GlobeNewswire Distribution ID 1001119215

Bitget Partners with KOL to Drive Blockchain and AI Growth in Southeast Asia

Bitget Partners with KOL to Drive Blockchain and AI Growth in Southeast Asia

Bitget Limited

Bitget Partners with KOL to Drive Blockchain and AI Growth in Southeast Asia

KUALA LUMPUR, Malaysia, July 23, 2025 (GLOBE NEWSWIRE) — Bitget, the world’s leading cryptocurrency exchange and Web3 company, partnered with Indian crypto thought leader Pushpendra Singh to support a landmark Blockchain & AI Summit in Southeast Asia—further strengthening its role as a global enabler of the decentralized tech ecosystem.

The summit was organized in collaboration with the Consortium of Indian Industries in Malaysia (CIIM). It brought together builders, investors, and leaders from India, South Asia, the Middle East, Singapore, China, and beyond, establishing Malaysia as an up-and-coming regional hub for blockchain and AI collaboration. The event included keynotes, panel discussions, and interactive sessions aimed at promoting innovation and the responsible adoption of Web3 technologies.

“Having a prominent Indian KOL like Pushpendra lead a Blockchain and AI Summit in Malaysia highlights the global and collaborative nature of this industry. At Bitget, our mission is to empower and scale these ecosystems wherever they develop,” said Jyotsna Hirdyani, South Asia Head at Bitget.

Bitget KOL Pushpendra Singh taking the stage at the Blockchain & AI Summit
Bitget Limited

Bitget KOL Pushpendra Singh taking the stage at the Blockchain & AI Summit

Pushpendra expressed a similar viewpoint, emphasizing that Malaysia’s rising status as a premier destination for both technology and tourism makes it an ideal location for a globally diverse gathering. “This event wasn’t solely focused on Web3; it was also about uniting various voices under one shared vision. Malaysia is quickly becoming a hub where innovation meets opportunity, and we take pride in working to help shape that narrative,” he shared.

The partnership shows Bitget’s continued efforts to advance inclusivity, education, and grassroots leadership in nascent cryptocurrency communities. One region, one builder, and one summit at a time, Bitget is dedicated to offering the platforms, tools, and collaborations that propel the industry forward as blockchain and AI continue to converge.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

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

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GlobeNewswire Distribution ID 1001119333

Synervest Group Raises $4 Million Series A to Accelerate Global Expansion of Institutional Fintech Infrastructure

Strategic investment from Jura Investment Group and CMT Digital boosts growth across regulated trading, payments, and technology services

ABU DHABI, United Arab Emirates, July 23, 2025 (GLOBE NEWSWIRE) — Global Market—Synervest Group, a fintech holding company delivering institutional-grade infrastructure across trading, payments, and financial technology, today announced it has raised $4 million in Series A funding. The round was led by Jura Investment Group, with continued participation from CMT Digital, valuing the company at $60 million—double its valuation from just 12 months earlier.

The investment follows a strong period of commercial and operational momentum across Synervest’s portfolio of financial services businesses. The funding will be used to accelerate international expansion, enhance the Group’s regulatory presence, and strengthen its institutional offering.

“Bringing Jura on board as a strategic partner, alongside the continued backing of CMT Digital, is a major endorsement of our model and long-term vision,” said Alexander Oelfke, Founding Partner at Synervest Group. “This partnership enables us to scale faster, deepen our regulatory capabilities, and broaden our reach across institutional markets.”

With legal entities and regulatory licenses in key international jurisdictions, Synervest maintains operational hubs in Europe and the Middle East and serves financial institutions seeking compliant, scalable, cross-border infrastructure.

“We see great potential in Synervest Group and are excited to support their global expansion. Their innovative approach to fintech aligns well with our vision, and we look forward to contributing our expertise to accelerate their growth,” said Bas Kooijman, CEO of Jura Investment Group.

“The future of financial markets will be shaped by firms that can operate across borders while meeting the highest regulatory standards,” said Jan-Dirk L., Co-Founder of CMT Digital. “Synervest is building precisely that—robust trading infrastructure designed for global institutions. We’re proud to support their next phase of growth.”

About Synervest Group

Synervest Group is a global fintech platform providing a unified and highly interconnected compliance-led ecosystem that triggers scalable offerings for both B2B and B2C models whether for proprietary or external utility across trading, payments, and financial technology. Headquartered in Abu Dhabi Global Market (ADGM), the Group operates across key international financial hubs with regulatory licenses in multiple jurisdictions.

Contact
Marc Suárez – Head of Marketing
[email protected]

GlobeNewswire Distribution ID 9499141

Carestream Secures Partnership with Leading Distributor in Vietnam

ROCHESTER, N.Y., July 22, 2025 (GLOBE NEWSWIRE) — Carestream Health recently secured an agreement with Vietnam South East Asia Joint Stock Company (VISTACOM), a leading distributor of advanced medical equipment solutions in Vietnam.

“We are honored to join into a partnership with a renowned, industry leader like Carestream,” said Mr. Long Nguyen, Business Director of Vistacom. “We’re looking forward to providing our customers with the most advanced, user-friendly imaging solutions available.”

Established in 2006, VISTACOM provides medical equipment, consumables, and healthcare solutions to the public and private sectors, including more than 2,000 hospitals and clinics across the country.

VISTACOM was impressed with Carestream’s history of excellence in the medical imaging space, citing the latter’s ability to provide a variety of high-performance solutions, like the Horizon X-ray System, Focus and Focus HD Detectors, and Image Suite Software as key factors for pursuing a partnership.

With the addition of VISTACOM, Carestream now has over 200 committed partners across the globe.

“VISTACOM shares many of our values, namely our commitment to excellence,” said Anton Tan, Asia Regional Director; Asia, Carestream. “We’re excited to work together to help improve the standard of care for our customers across the country.”

About Carestream Health

Carestream is a worldwide provider of medical imaging systems; X-ray imaging systems for non-destructive testing; and precision contract coating services for a wide range of industrial, medical, electronic, and other applications—all backed by a global service and support network. For more information about the company’s broad portfolio of products, solutions, and services, please contact your Carestream representative, or call 1-888-777-2072, or visit www.carestream.com .

CARESTREAM is a trademark of Carestream Health.

GlobeNewswire Distribution ID 9498987

Global Defense Contractor Burke Products Selects Datavault AI for Enhanced National Defense and Aerospace Technologies Contracts

Datavault AI Selected to Support Mission-Critical Defense and Aerospace Programs in Strategic Partnership with Burke Engineering

BEAVERTON, Ore., July 22, 2025 (GLOBE NEWSWIRE) — Datavault AI Inc. (NASDAQ: DVLT), a leader in data visualization, valuation, and monetization technologies, today announced a strategic partnership with Burke Products (“Burke”), a minority-owned Tier 1 supplier to Lockheed Martin, Raytheon Technologies, Department of Defense, Original Equipment Manufacturers (OEMs), and the Defense Logistics Agency as well as their international allied force corollaries. The partnership stands to deliver 2025 Revenues from existing contracts of Burke’s that have now been subcontracted to Datavault AI and is set to scale into productized offerings into 2026.

Within the partnership Datavault AI has been contracted by Burke Products to engineer and produce solutions responsive to an array of opportunities. All opportunities are managed under the contract in a case by case fashion designed to be responsive to private and public RFPs and requests made directly and through subcontracts obtained by Burke and other contracting mechanisms in place at Burke Products on a global basis.

Military grade engineering, manufacturing and productization is now underway. The collaboration aims to advance defense and aerospace capabilities by integrating Datavault AI’s services and proprietary data and ADIO® tone technologies with Burke’s experienced manufacturing and engineering teams to accelerate productization and speed to market that Datavault AI’s technologies have been designed to automate and support at scale.

According to Janes, global defense spending is projected to exceed $2.2 trillion in 2025, with the U.S. defense budget alone expected to surpass $900 billion. As modernization efforts escalate, the sector is increasingly focused on secure data solutions, advanced tracking, and predictive intelligence—areas where Datavault AI is uniquely positioned to deliver for Burke new and innovative solutions that solve for advantages and forward progression of technologies in this sector. With Web 3.0 centric contributions of Datavault AI this partnership will explore technological synergies with particular emphasis on secure data management, resource tracking, and communication systems critical to mission success.

Aaron Bakhshi, CEO of Burke Products, shared his outlook on the business alliance and licensing contracts now in place with Datavault AI, “For more than 59 years, Burke Products has supplied advanced electro-mechanical components and assemblies to leading defense and aerospace partners, including Lockheed Martin, Raytheon Technologies, Northrop Grumman, General Dynamics, the U.S. Navy, the Defense Logistics Agency, and their allied international counterparts. As a minority-owned defense contractor committed to engineering innovation, we view this strategic alliance with Datavault AI as a transformative step toward future-ready solutions. The introduction and demonstrations of Datavault’s solutions into our product portfolio marks a significant evolution in how we approach innovation across mission-critical systems.”

Bakhshi continued: “This collaboration originated from Sonia Choi’s ability to identify and align mutual strategic interests, particularly around innovations in acoustic sciences and separately, the urgent challenge of addressing stolen valor—two distinct areas where Datavault AI’s platform provides an elegant and effective solution. Additionally, our shared vision around the scalable deployment of Digital Twin technologies further strengthens the foundation of this partnership and unlocks significant future potential. Her skill in connecting advanced technology to real-world defense applications and viable business models was instrumental in forming this agreement. It resonates with me, as it reflects the executive vision and innovation that Burke Products strives to champion across all of our initiatives. We believe the work underway with Datavault AI will deliver measurable value to our clients and help redefine operational standards across multiple defense verticals with new Web 3.0 solutions.”

The first phase will integrate Datavault AI’s acoustic sciences services and products, including patented ADIO® tone technology, into Burke’s pre-existing systems. Future phases may expand into integrating Datavault AI’s proprietary data solutions for digital twin modeling, predictive analytics, inventory logistics and management as well as blockchain-based tools to secure supply chains and authenticate critical components throughout their lifecycle.

“It has been an honor to work with and partner alongside Aaron Bakhshi and Burke Products to help extend Datavault AI’s orchestrated blend of talent and technological footprint into the defense sector,” said Sonia Choi, Co-Founder and CMO of Datavault AI and Lead Principal Investigator on a privately funded Strategic Partnership Project facilitated through the U.S. Department of Energy’s Brookhaven National Laboratory.

“Burke Products has a rare and profound legacy of combining engineering precision with innovation—qualities that immediately resonated with our shared commitment to mission-critical performance. We are both builders and systems thinkers, capable of harnessing our technologies to automate high-value solutions in environments defined by complexity and zero tolerance for error. By leveraging our advanced data and acoustic sciences to solve real-world problems and by aligning our ecosystems together, we’re laying the groundwork for scalable, American-built solutions. This marks a pivotal step and underscores Datavault AI’s strategic entry into, and sustained relevance within, modern defense infrastructure,” stated Sonia Choi.

As the defense and aerospace sectors rapidly evolve, this partnership marks a significant milestone. With a focus on security, precision, and next-gen data integration, Datavault AI and Burke Products are working together to shape the future of national defense technology.

Nathaniel T. Bradley, Co-Founder and CEO of Datavault AI, asserted: “This collaboration marks an international milestone of a scale we couldn’t have anticipated when we first founded the company. Sonia Choi has been diligently building toward this moment for years, and her ability to identify high-impact applications for Datavault AI’s technologies—while guiding our team through the execution with focus and discipline—has been exceptional. Through her vision and leadership, we’ve reached a breakthrough that aligns seamlessly across our VerifyU, ADIO®, High Performance Computing, WiSA and Datavault platforms, in concert with Burke Products’ expansive capabilities, trusted network, and precision-driven engineering excellence.”

Bradley noted, “Together, with Burke Products, we now have an industry leading, solutions-oriented contracting partner that not only understands Datavault AI’s mission, but is equipped to deliver defense-grade, purpose-built innovations when they are most needed. Sonia’s and Aaron’s influence will have a lasting impact—not only on Datavault AI’s trajectory, but on the broader U.S. defense industry it serves. We’re deeply grateful to Burke Products for validating our intellectual property, recognizing the strength of our team, and stepping forward with us to realize the full potential of this partnership.”

About Datavault AI Inc.
Datavault AI™ (Nasdaq: DVLT) is leading the way in AI driven data experiences, valuation and monetization of assets in the Web 3.0 environment. The company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI’s Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multi-channel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI’s cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI’s technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The company is headquartered in Beaverton, OR. Learn more about Datavault AI at www.dvlt.ai.

About Burke Products, Inc.
Burke Products, Inc. is a minority-owned manufacturer of high-precision electro-mechanical components and assemblies, serving the aerospace and defense sectors for over 59 years. The company has established a longstanding reputation for reliability and excellence across critical supply chains, maintaining established relationships with clients including the U.S. Department of Defense, Defense Logistics Agency (DLA), Lockheed Martin, Raytheon Technologies, Honeywell, General Dynamics, Goodrich, and Johnson & Johnson. Internationally, Burke has fulfilled government contracts and procurement programs for India and our allied defense partners in the UK, Japan, Germany, Turkey, and many others. Operating under ISO and AS-compliant quality systems, Burke specializes in contracted manufacturing, acoustic systems and technology integration, and rapid design-to-production capabilities for defense-grade hardware. Its core competencies support both domestic and allied military readiness through scalable, high-integrity supply partnerships.

To learn more about Burke Products, please visit https://burkeproducts.com/.

Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as “expect,” “will,” “anticipates,” “estimates” and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements.

Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: the risk that we are unable to satisfy all closing conditions in connection with the senior notes issuance described above, and the acquisition of certain assets from CSI; our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission.

The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.

Investors:
Alliance Advisors Investor Relations
[email protected]

Marketing Inquiries:
[email protected]

GlobeNewswire Distribution ID 9498281

Duck Creek Earns Five Celent XCelent Awards for Excellence in Insurance Technology

Duck Creek Recognized as Luminary and Technology Standout in Celent’s Policy Administration Systems for P&C Insurance Reports in North America, APAC, EMEA and LATAM

BOSTON, July 22, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global provider defining the future of property and casualty (P&C) and general insurance, today announced it has received five XCelent Advanced Technology 2025 awards from Celent in its Policy Administration Systems: P&C Insurancereports for North America, EMEA, and LATAM. Duck Creek received three Advanced Technology XCelent awards for North America, EMEA and Latam and was also awarded the Breadth of Functionality and Customer Base and Support XCelent awards for North America.

Duck Creek was also named a Luminary in the North America report and recognized as a Technology Standout in the EMEA, APAC, and LATAM regional editions of Policy Administration Systems: P&C Insurance reports. The Luminary distinction is Celent’s highest recognition and reflects excellence across both criteria. The Technology Standout category highlights modern solutions that emphasize technical innovation and agility.

“Duck Creek Policy is a modern, cloud-based policy administration system that delivers strong functionality through a thoughtfully designed and easy-to-navigate interface. Congratulations to Duck Creek for its recognition as a Luminary in North America and for achieving top-tier placements in the Celent Technical Capability Matrix across multiple global regions in the 2025 Policy Administration Systems Vendors reports for P&C insurance,” said Karlyn Carnahan CPCU Head of Insurance | North America, Celent.

Duck Creek received high marks within the report based on its mature, cloud-based Policy Administration System (PAS) used by a wide range of insurers globally. Designed with persona-based workspaces, the Duck Creek platform supports underwriting and policy servicing with ease of use and efficiency. Its architecture leverages Microsoft Azure for cloud-native DevOps, supports a biweekly release cadence, and includes an integrated rating engine for configurable pricing logic.

“Celent’s recognition across three regional reports confirms that our approach to policy administration innovation is making a real impact,” said Mike Jackowski, Chief Executive Officer of Duck Creek Technologies. “Duck Creek Policy isn’t just about modernization—it’s about giving insurers worldwide the agility to compete, the speed to capitalize on opportunities, and the capability to deliver experiences that drive lasting success.”

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 9498144