NNOX DEADLINE ALERT: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Nano-X Imaging Ltd. Investors with Losses in Excess of $100K to Secure Counsel Before Important August 11 Deadline in Securities Class Action – NNOX

NEW YORK, Aug. 01, 2026 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Nano-X Imaging Ltd. (NASDAQ: NNOX) between March 31, 2025 and April 17, 2026, inclusive (the “Class Period”), of the important August 11, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Nano-X 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 Nano-X class action, go to https://rosenlegal.com/cases/nano-x-imaging-ltd/join 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 August 11, 2026. 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 handle 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 has achieved the largest ever securities class action settlement against a Chinese Company. 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 billions 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, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) defendants overstated purported efficiency gains achieved in Nano-X’s operations, as well as the purported increased demand for its products; (2) in reality, Nano-X’s production and manufacturing operations were poorly aligned with demand for Nano-X’s products; (3) as a result, Nano-X was experiencing significantly increased operating expenses and cash burn; (4) the foregoing significantly increased the likelihood that Nano-X would be forced to take disruptive remedial measures with respect to its manufacturing operations, entailing significant restructuring and impairment charges; and (5) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Nano-X class action, go to https://rosenlegal.com/cases/nano-x-imaging-ltd/join 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.

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

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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 9801835

Hainan economic, trade delegation visits Thailand, Indonesia to enhance cooperation

HAIKOU, China, August 01, 2026 /Xinhua-AsiaNet/– An economic and trade delegation from Hainan Province, China, wrapped up a five-day visit to Thailand and Indonesia on July 25. Focusing on the advantages of Hainan Free Trade Port policies, key industrial parks and investment opportunities, the delegation engaged in exchanges with relevant government agencies, business associations and enterprises in Southeast Asia, further expanding trade and investment cooperation between Hainan and ASEAN countries.

In Bangkok, the China (Hainan)-Thailand Economic and Trade Cooperation Promotion Conference, co-hosted by the Hainan Provincial Government and the Thailand Board of Investment (BOI), took place on July 21 and drew around 200 guests from Thai institutions. At the conference, representatives from the Haikou National High-tech Industrial Development Zone and the Boao Lecheng International Medical Tourism Pilot Zone each presented the Hainan Free Trade Port’s preferential policies and industrial plans, while BOI Deputy Secretary-General Tanita Sirisup introduced Thailand’s business environment and investment opportunities.

During the event, the China Council for the Promotion of International Trade Hainan Provincial Committee (CCPIT Hainan), the China Chamber of International Commerce Hainan Chamber of Commerce (CCOIC Hainan) and the Board of Trade of Thailand signed an MOU, creating a platform for business exchanges and cooperation between enterprises on both sides. A signing ceremony was also held for 6 projects.

From July 22 to 25, the Thailand-China Cooperation Expo 2026 was staged at the IMPACT Convention and Exhibition Center in Bangkok. Hainan organized 12 enterprises to attend the expo and set up the Hainan Pavilion, where products such as coffee, agarwood items, coconut specialties, tropical foods and agricultural products, and collagen peptide series were displayed, presenting Hainan’s distinctive industries and brands to the Southeast Asian market.

While in Thailand, the delegation exchanged views with companies including Charoen Pokphand Group, TCP Group and IFBH, exploring opportunities for cooperation in seed research, regional supply chain headquarters development and coconut product processing. The Boao Lecheng International Medical Tourism Pilot Zone signed a memorandum of cooperation with Chulalongkorn University, aiming to advance collaboration in international medical education, medical tourism and other fields.

In Jakarta, Indonesia, the delegation visited local business associations including the Indonesia China Business Council and the Indonesian Chamber of Commerce and Industry Bilateral Committee for China (KIKT), and hosted the China (Hainan)-Indonesia Economic and Trade Cooperation Symposium. The event was attended by companies such as Indonesia National Investment Company, Yali Group, Lin’s Group, and KML Seafood Group, with discussions focused on potential cooperation in agriculture, pharmaceuticals, digital economy, and other sectors.

The trip to Southeast Asia further extended the international cooperation network of the Hainan Free Trade Port and created fresh opportunities for deepening economic and trade exchanges and advancing industrial collaboration between Hainan and ASEAN partners.

Source: China Council for the Promotion of International Trade Hainan Provincial Committee

Univar Solutions Recognizes Top Transportation Partners at Annual Carrier Awards

Univar Solutions Recognizes Top Transportation Partners at Annual Carrier Awards

“Reliable transportation is essential to how we serve our customers and suppliers every day,” said Rob McRae, Vice President of Transportation, North America for Univar Solutions. “This year’s award recipients consistently showed what strong carrier partnerships look like—operating safely, communicating clearly and bringing practical solutions that help us deliver with confidence in a dynamic supply chain environment.”

DOWNERS GROVE, Ill., July 30, 2026 (GLOBE NEWSWIRE) — Univar Solutions LLC (“Univar Solutions” or “the Company”), a leading global solutions provider to users of specialty ingredients and chemicals, today announced the recipients of its annual Carrier Awards, recognizing transportation solution providers that demonstrate outstanding performance, partnership and commitment to safe, reliable service across North America.

Presented during the Company’s annual carrier recognition event, the awards celebrate carriers whose service excellence help Univar Solutions keep essential chemicals and ingredients moving for customers and suppliers. Honorees are selected for their strong performance in areas such as safety, on-time delivery, responsiveness, capacity support, data connectivity and overall customer experience.

“Reliable transportation is essential to how we serve our customers and suppliers every day,” said Rob McRae, Vice President of Transportation, North America for Univar Solutions. “This year’s award recipients consistently showed what strong carrier partnerships look like—operating safely, communicating clearly and bringing practical solutions that help us deliver with confidence in a dynamic supply chain environment.”

As Univar Solutions continues to deliver on its commitment to reliability through safety, service and expertise, the annual Carrier Awards recognize partners across key transportation categories, including regional, bulk, truckload and less-than-truckload (LTL) service.

The Most Valuable Partner award is presented annually to the carrier that goes above and beyond to support Univar Solutions and its customers through exceptional service, creative problem solving and a strong commitment to partnership.

The 2026 MVP Carrier: Addison Transportation

The 2026 Award Segment Winners

  • Connected Carrier of the Year – For Outstanding Performance in Status Event Compliance: Barto Trucking
  • Always On Time Award – For Outstanding Performance in On-Time Delivery: Southeastern Freight Lines
  • ChemCare East Region Carrier of the Year: Freehold Cartage
  • ChemCare West Region Carrier of the Year: Steve Forler
  • ITS Carrier of the Year: Roar Logistics
  • Canada East Region Carrier of the Year: Soobz Transport
  • Canada West Region Carrier of the Year: T.E.A.M.S Transport

Honorable Mentions – Excellence in Service and Partnership

  • Superior Excellence in Service and Partnership:
    • R & L Transport
    • James J Williams Bulk Service Transport
    • Roughrider
    • Old Dominion Freight Line
    • SAIA
    • Hazpro Transportation
    • Oak Harbor Freight Lines
    • Reliable Liquid Transport
    • Dixon Bros.
  • Excellence in Service and Partnership:
    • Highway Transport
    • Apex Logistics
    • Ross Express
    • PITT OHIO
    • A. Duie PYLE
    • Quality Carriers
    • Harms Pacific Transport
    • Midcork Transport
    • Quest Liner

“We are grateful for the dedication of our carrier network and proud to recognize this year’s award winners,” said Travis Vedral, Senior Director of Transportation, Systems and Strategies for Univar Solutions. “Their focus on safe operations, disciplined execution and responsive service strengthens the experience we provide to customers and suppliers. Congratulations to each honoree and thank you for helping us raise the standard for transportation performance.”

About Univar Solutions
Univar Solutions is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world’s leading producers. With one of the industry’s largest private transportation fleets and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean, and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.

Forward-Looking Statements
This communication contains “forward-looking statements” under applicable law regarding financial and operating items relating to the Company’s business. Forward-looking statements generally can be identified by words such as “believes,” “expects,” “may,” “will,” “should,” “could,” “seeks,” “intends,” “plans,” “estimates,” “anticipates” or other comparable terms. All forward-looking statements made in this communication are qualified by this cautionary language.

Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company’s control, that could result in expectations not being realized or could otherwise materially and adversely affect the Company’s business, financial condition, results of operations or cash flows. Although the forward-looking statements are based on what management believes to be reasonable assumptions, we caution you that the forward-looking information presented in this communication is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this communication. For additional information regarding factors that could affect the Company, please see the Company’s most recent annual report and other financial reports, including the information set forth under the caption “Risk Factors.” Any forward-looking statements represent the Company’s views only as of the date of this communication and should not be relied upon as representing the Company’s views as of any subsequent date, and the Company undertakes no obligation, other than as may be required by law, to update any forward-looking statement.

FOR ADDITIONAL INFORMATION:

Media Relations
Dwayne Roark
+1 331-777-6031
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fc6c8c44-4fed-4968-92e3-6589571a57c4

GlobeNewswire Distribution ID 9801362

 

 

GTCFX Wraps Two Days of Market Dialogue at Wiki Finance Expo Hong Kong 2026

DUBAI, United Arab Emirates, July 30, 2026 (GLOBE NEWSWIRE) — GTCFX concluded its participation in Wiki Finance Expo Hong Kong 2026 on 24 July, closing two days at the Hopewell Hotel in Wan Chai that brought the broker face-to-face with traders, investors, and industry professionals from across the region and beyond.

GTCFX welcomed visitors and functioned as a WikiEXPO HK 2026 Influence Partner. Discussions covered market conditions, developments in trading technology, and opportunities for collaboration across the brokerage and fintech.

GTCFX in Wiki Finance Expo Hong Kong 2026
GTCFX in Wiki Finance Expo Hong Kong 2026

GTCFX in Wiki Finance Expo Hong Kong 2026

Jameel Ahmed, Global Chief Analyst at GTCFX, contributed to the expo’s speaking programme through a panel discussion about “Global Financial Markets Outlook H2 2026,” which examined prevailing market conditions and the macroeconomic themes shaping the remainder of the year.

Speaking on the panel, Ahmed pointed to the role that in-person events continue to play in an industry that has moved almost entirely online.

“In an increasingly digital and virtual world, meeting face to face is still how relationships get built,” he said. “Investment is ultimately a form of trust, and an event like this is where the foundation for a long-term relationship starts. Being able to sit down with a prospective broker or client in person is about as transparent as it gets.”

Jameel Ahmed on the discussion about Global Financial Markets Outlook H2 2026
Jameel Ahmed on the discussion about Global Financial Markets Outlook H2 2026

Jameel Ahmed on the discussion about Global Financial Markets Outlook H2 2026

He also noted the value of bringing multiple providers into the same room. “Attendees can speak to a range of investment providers over the course of two days and compare what each of them offers. Competition is good for any industry, and that supports healthy market development.”

Asked what individual investors should focus on in a fast-moving market environment, Ahmed avoided technical prescriptions in favour of a simpler point.

“Client education and market knowledge never stop, and GTCFX invests heavily in this, because no two days — and no two trading sessions — in this market are ever the same,” he said. “Consider how much the world has changed over the past couple of years, including the most recent geopolitical developments. Investors need to stay alert to shifts in market sentiment, both for their own understanding and for how they think about their strategies.”

Across the two days, GTCFX met traders exploring new opportunities, affiliate and B2B partners, and professionals working across the wider services community, intending to continue well beyond the expo floor.

Media Contact

Website: https://www.gtcfx.com/

Email: [email protected]

Photos accompanying this announcement are available at
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GlobeNewswire Distribution ID 9800948

Lantronix and Swarmer Collaborate to Create Custom Compute Module for Group 1 Unmanned Aerial Systems

Lantronix to develop a custom solution based on Lantronix’s Open-Q™ 6490CS SOM to support Swarmer’s AI software on small drones for defense missions, boosting onboard computing power by more than 400% compared to current platforms

IRVINE, Calif., July 30, 2026 (GLOBE NEWSWIRE) — Lantronix Inc. (Nasdaq: LTRX), a global provider of Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure, and resilient enterprise networks, today announced a collaboration with Swarmer, Inc (Nasdaq: SWMR), a drone autonomy software company whose technology has supported more than 100,000 real-world combat missions in Ukraine since April 2024, to create a custom compute platform optimized for Group 1 UAS. Both companies are focused on accelerating deployment of FPV and other small, low-cost drones for Ukraine, U.S. and allied defense programs.

“Autonomy software only proves itself once it’s deployed on hardware that’s actually flying,” said Saleel Awsare, president and CEO of Lantronix. “A production-ready NDAA-compliant Lantronix compute platform with Swarmer’s combat-proven software provides operators with roughly four times the processing power to optimize its visual navigation, automated target recognition, pixel lock and advanced teaming algorithms.”

The integration of Lantronix’s Open-Q™ 6490CS System-on-Module is designed to provide Group 1 UAS with the identical connectivity options along with a significant increase in onboard computing capability, enabling more advanced artificial intelligence, computer vision and autonomous mission execution at the tactical edge. The additional processing capacity will support more sophisticated swarming behaviors, sensor fusion and real-time decision-making while providing a production-ready platform designed for long-term deployment.

For military operators, this will result in the ability to field increasingly autonomous, software-defined Group 1 UAS that can adapt to evolving mission requirements through software updates rather than hardware replacement, extending operational capability while reducing lifecycle complexity.

“With more than seven million drones projected to be manufactured this year alone, we believe that every one of them could potentially run our AI and collaborative autonomy software,” said Alex Fink, president and U.S. CEO of Swarmer. “Our collaboration with Lantronix will produce a compute platform that is capable of running AI models on the edge in a small form factor that is optimized for Group 1 UAS. We believe this will become the new industry standard compute solution for small unmanned systems, and every unit will arrive pre-populated with Swarmer OS and Swarmer’s cutting-edge autonomy.”

Founded in Austin, Texas, in May 2023, Swarmer deployed its autonomy software in combat operations in Ukraine in April 2024 and has since flown missions with nearly 50 Ukrainian military units in active electronic warfare and GNSS-denied environments. Swarmer’s software is designed to run across any type of drone — from fixed-wing and rotary-wing aircraft to ground vehicles and sea vessels. The Swarmer solution based on Lantronix Open-Q™ 6490CS SOM will support all of these platforms, allowing a single operator to plan, monitor and execute missions involving hundreds of drones from one hardware base.

How Lantronix Technology Benefits Swarmer
The Open-Q™ 6490CS SOM enables Swarmer to deploy its autonomy software on a production-ready compute platform that improves performance, reduces cost and operational inefficiencies, optimizes SWaP and accelerates deployment across multiple unmanned platforms. On-device AI processing is built for GPS-denied and contested environments, where cloud-dependent compute isn’t reliable.

Sustained production support and NDAA compliance also eliminates supply chain uncertainty, enabling Swarmer to scale deployments across U.S. and allied government customers without hardware availability concerns.

Key Investor Takeaways

Expanded platform opportunity: Broadens Lantronix’s role within autonomous defense systems by improving AI compute for multi-platform autonomy software across air, ground and maritime unmanned systems.

Replaces Soon-to-be Obsolete Technology: Current onboard compute systems are becoming increasingly expensive and unable to match pace with the speed of AI. This customized platform is designed to provide roughly four times the processing power to optimize visual navigation, automated target recognition, pixel lock and advanced teaming algorithms.

Long-term program support: NDAA compliance and a 10-year-plus production commitment position Lantronix for recurring, long-term revenue as Swarmer secures extended defense contracts, de-risking platform adoption in the defense autonomy market.

Validated, scaling partner: Swarmer (Nasdaq: SWMR) is a publicly traded, combat-proven operator with more than 100,000 missions flown across nearly 50 military units, reducing execution risk on the demand side of the partnership.

About Swarmer

Swarmer™ (Nasdaq: SWMR) is a defense technology company that specializes in vendor-agnostic software which allows one operator to intuitively control hundreds of autonomous platforms in real time. Swarmer’s primary mission areas include autonomous swarm coordination, integration of multi-domain unmanned systems and AI-powered autonomy software for distributed operations. Swarmer is not a drone manufacturer and does not depend on any single platform, supplier or hardware lifecycle. Instead, Swarmer operates at the intelligence layer, developing autonomy, coordination and decision-making software that enables large numbers of low-cost unmanned systems to operate collectively as one coherent, resilient force. Swarmer’s technology has been rigorously validated in real-world kinetic environments and was first deployed in combat operations in Ukraine in April 2024. Since then, it has completed more than 100,000 combat missions, generating terabytes of proprietary data that informs its machine-learning models and enables the replication of advanced pilot performance at scale. Swarmer’s routine use in combat missions generates continuous streams of telemetry, sensor data and operational feedback which are then used to refine performance, increase resilience and accelerate learning. Swarmer has headquarters in Austin, Texas, and maintains operations and teams in Ukraine, Poland and Estonia. For more information, visit www.getswarmer.com.

About Lantronix

Lantronix Inc. (Nasdaq: LTRX) is a global leader in Edge AI and Industrial IoT solutions, delivering intelligent computing, secure connectivity and remote management for mission-critical applications. Serving high-growth markets, including smart cities, enterprise IT and commercial and defense unmanned systems, including drones, Lantronix enables customers to optimize operations and accelerate digital transformation. Its comprehensive portfolio of hardware, software and services powers applications from secure video surveillance and intelligent utility infrastructure to resilient out-of-band network management. By bringing intelligence to the network edge, Lantronix helps organizations achieve efficiency, security and a competitive edge in today’s AI-driven world. For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements concerning a potential collaboration between Lantronix and Swarmer and Lantronix’s positioning to capitalize on opportunities for long-term growth in the drone and defense technology markets. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to changes in U.S. or foreign government trade policies, including recently increased or future tariffs, a pandemic or other outbreaks, wars and recent conflicts in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws and regulations; the risk that no definitive agreement between Lantronix and Swarmer is reached; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2025, filed with the Securities and Exchange Commission (the “SEC”) on Aug. 29, 2025, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

©2026 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

Investor Contact (Lantronix):
Matt Glover and Greg Robles
Gateway Group, Inc.
[email protected]

Investor Contact (Swarmer):
[email protected]

Media Contact (Lantronix):
Diana Puckett
[email protected]

Media Contact (Swarmer):
[email protected]

GlobeNewswire Distribution ID 9800930

Napster, DETASAD, and Lenovo Enable Sovereign AI Infrastructure to Support Local Deployment in Saudi Arabia

The collaboration pairs Saudi-based data center infrastructure with Napster’s enterprise AI platform, providing a fully in-Kingdom path to deploy agentic AI

DETASAD Data Center
An image of the DETASAD data center, which will be a driver of Napster's collaboration with DETASAD and Lenovo

DETASAD and Lenovo will provide Napster the sovereign infrastructure and operating foundation to build for Saudi Arabian enterprises, including locally hosted cloud services, Tier III/Tier IV data center capabilities, AI-ready infrastructure, managed operations, cybersecurity, networking, data residency, regulatory alignment, SLA-backed operations and end-to-end implementation services.

NEW YORK and RIYADH, Saudi Arabia, July 30, 2026 (GLOBE NEWSWIRE) — Napster, an innovation company powering the next generation of embodied and agentic AI, today announced a collaboration with DETECON AL SAUDIA (DETASAD) and Lenovo to deliver sovereign AI infrastructure in the Kingdom of Saudi Arabia. By pairing Saudi-based data center services with Napster’s enterprise AI platform, the collaboration positions Napster among the first enterprise AI providers commercially available for fully in-Kingdom, locally hosted deployment.

Sovereign AI has become a defining requirement for governments and regulated industries worldwide. As organizations scale agentic AI from pilots into production, they increasingly need the models, data, and infrastructure behind those systems to stay inside national borders and under local control. In Saudi Arabia, that requirement is sharpened by Vision 2030, which ties digital transformation to local capability building and economic diversification. In the Kingdom, customers are prioritizing AI that can be deployed locally, without exporting data or operations, and Napster is emerging as a leading frontier company delivering on that need.

Napster x DETASAD

Napster’s collaboration with DETASAD and Lenovo collaboration positions Napster among the first enterprise AI providers commercially available for fully in-Kingdom, locally hosted deployment.

“Saudi Arabia has set out to become one of the defining AI economies of this decade, and that ambition deserves technology built to meet it,” said John Acunto, CEO of Napster. “We started Napster to put advanced AI within reach of the organizations that need it, wherever they operate. Working alongside Lenovo and DETASAD is how that mission becomes real, and how AI built for one market becomes a model for many.”

“Saudi enterprises are looking for AI deployment models that give them local control, operational clarity, and enterprise readiness,” said Samuel Huber, CEO of MENA for Napster. “When the platform, the data, and the hosting all sit inside the Kingdom, AI becomes a commercial reality that an organization can actually run its business on. We intend to continue to build on this foundation and be an integral part of commercial AI deployment throughout Saudi Arabia.”

Data residency, or where information is hosted, sits at the center of how Saudi enterprises and government entities evaluate AI. Napster, DETASAD, and Lenovo are facilitating a localized model and coordinating hosting, software integration, and implementation from the outset rather than assembling them vendor by vendor.

Each company contributes a distinct layer of the deployment:

  • DETASAD and Lenovo provide the sovereign infrastructure and operating foundation, including locally hosted cloud services, Tier III/Tier IV data center capabilities, AI-ready infrastructure, managed operations, cybersecurity, networking, data residency, regulatory alignment, SLA-backed operations and end-to-end implementation services, enabling enterprise AI workloads to be deployed and operated within Saudi Arabia.
  • Napster supports the enterprise AI software, supplying platform licensing and integrating with DETASAD infrastructure. The company will also work alongside commercial and government partners on tool customization, quality assurance, onboarding, and technical training.
  • Lenovo also assists with discovery and implementation of the companies’ go-to-market strategy, including needs assessment, solution design, proof-of-concept delivery, and fast-track deployment across government, defense, education, technology, and investment sectors.

“Government entities and enterprises in the Kingdom are no longer asking whether to adopt AI, but how to do it without giving up control of their data,” said Felix Wass, President & CEO, DETASAD. “For Saudi government and enterprise customers, sovereign AI is not only about where workloads are hosted; it is about trust, operational control, regulatory alignment and the ability to run AI at enterprise scale inside the Kingdom. Through this collaboration, DETASAD brings the sovereign infrastructure, managed operations, cybersecurity, data residency and local implementation capabilities needed to make enterprise AI deployable and trusted in Saudi Arabia.”

“Napster’s integration into Lenovo’s Solutions & Services Portfolio marked an important step in bringing agentic AI into real-world deployment,” said Salman Faqeeh, Vice President & General Manager for Saudi Arabia, Lenovo. “This collaboration with DETASAD builds on that momentum, combining Lenovo’s global expertise with local infrastructure to enable sovereign AI at scale in the Kingdom. Together, we are helping organizations deploy AI with confidence, while advancing Saudi Arabia’s Vision 2030 goals.”

“As organizations move beyond AI experimentation, the challenge is no longer access to technology, it is how to deploy, integrate and scale AI in a way that delivers measurable business outcomes,” said Saeed Basweidan, General Manager, Solutions & Services Group, Lenovo Saudi Arabia. “Through Lenovo’s services and infrastructure expertise, we help customers navigate the full AI journey, from strategy and solution design to deployment, adoption and ongoing optimization. Together with Napster and DETASAD, we are providing organizations in Saudi Arabia with a practical path to operationalize AI faster, reduce complexity and realize value from their investments.”

As part of the agreement, Napster, DETASAD, and Lenovo will prioritize government and enterprise customers in Saudi Arabia, with a phased expansion across the GCC to follow.

About Napster
Founded on the principle of democratizing access—first to music in 1999, now to creative expertise in 2026—Napster has consistently been at the forefront of transformational technology shifts that expand markets and empower users. The company’s latest platform turns passive consumers into active creators, providing the interface layer between foundation AI models and human creativity. For more information, visit napster.com.

About DETASAD
DETASAD is one of Saudi Arabia’s leading ICT and digital infrastructure providers, serving government and enterprise customers through sovereign cloud, data center services, cybersecurity, connectivity, AI-ready infrastructure and managed services. Established in 1982, DETASAD supports the Kingdom’s digital transformation through secure, locally operated technology platforms, national digital capabilities and compliance-aligned services for regulated environments. For more information, visit www.detasad.com.

About Lenovo
Lenovo is a US$83 billion revenue global technology powerhouse, ranked #196 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Guided by its vision of “Smarter Technology for All”, Lenovo is executing a Hybrid AI strategy that spans Personal AI – one personal AI, multiple devices; and Enterprise AI – helping customers turn data into insights and value. This strategy is delivered through the Group’s commitment to world-class innovation and a full-stack AI portfolio, including devices (PCs, workstations, smartphones, tablets, accessories), infrastructure solutions (server, storage, edge, high performance computing and software defined infrastructure), as well as software, solutions, and services. With a global footprint spanning more than 20 research and development locations and a global supply chain that includes more than 30 manufacturing sites across 10 markets, Lenovo is widely recognized for its operational excellence. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). Learn more at www.lenovo.com and follow the latest news in our newsroom.

Media Contact
[email protected]

Photos accompanying this announcement are available at:

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GlobeNewswire Distribution ID 9800724