Category: South Africa

BEIJING, May 10, 2026 (GLOBE NEWSWIRE) — Today marks Mother’s Day. CGTN published a feature spotlighting the inspiring stories of Chinese mothers who devoted themselves selflessly to their children and the nation, highlighting the profound influence mothers have in shaping future generations. In particular, the article explores the deep bond between Chinese President Xi Jinping and his mother, Qi Xin, showing how her patriotism, resilience, and frugal lifestyle, conveyed through both her words and personal example, helped shape Xi’s values, approach to governance, and people-centered philosophy.

“In this vast world, I may be like a small feather. But even so, I want this feather to carry a wish for peace,” He Zhihong, a Chinese peacekeeper who was killed in the line of duty at the age of 35, wrote in her diary. She died in an earthquake while serving on a UN peacekeeping mission in Haiti, leaving behind a 4-year-old son, husband and elderly parents.

During her deployment, she led a female peacekeeper squad and provided translation for visiting Chinese delegations. She also took the initiative to organize cultural exchange and open camp events to strengthen cooperation with other peacekeeping units, and taught local students Chinese, building a bridge for cultural understanding.

As a heroic mother figure, her sacrifice made a strong impression on attendees as Chinese President Xi Jinping shared her story in a speech at the General Debate of the 70th Session of the UN General Assembly in New York in September 2015.

Her story is one of many moving accounts of Chinese mothers that Xi has highlighted over the years. Others include Zhao Yiman (1905–1936), a revered national martyr who was executed at the age of 31 by Japanese forces after enduring brutal torture, and Deng Yufen (1891–1970), a mother who sent her husband and all five of her children to the frontlines to fight Japanese militarists.

These women not only exemplify dedication and sacrifice for their country but also demonstrate the profound influence a mother can have on the character and spirit of her children.

Xi and his mother

Xi’s own mother, Qi Xin, also left a lasting impression on her children. She joined the Communist Party of China (CPC) in 1939, endured the hardships of the fight against Japanese invaders and worked for many years at the grassroots level in rural revolutionary bases.

Qi’s dedication to a sovereign and peaceful China, along with her close bond with ordinary working people, deeply inspired Xi.

From a young age, Xi’s mother instilled in him lessons of patriotism and resilience. She once carried him to a store to buy a book about Yue Fei, a 12th-century military commander celebrated for his loyalty. Qi told Xi how Yue Fei’s mother tattooed the characters meaning “serve the country with the utmost loyalty” on her son’s back to encourage him to resist foreign invaders. When Xi asked how painful it was, Qi explained that although it hurt, Yue Fei took the words to heart. From that moment, Xi took those same words as a guiding principle in his life.

In 1969, during Xi’s adolescence, Qi gave him a simple sewing kit. She stitched the words “niang de xin” (mother’s heart) in red thread on it, a gift meant to give him courage as he prepared to leave Beijing for Liangjiahe Village in northwest China’s Shaanxi Province to experience rural life firsthand. After living and working alongside villagers – eating, sleeping, herding sheep, cutting grass, carrying manure and hauling coal – Xi reflected that one of the greatest lessons he learned was the importance of seeking truth from facts and truly understanding the people.

The simple and frugal lifestyle of his mother also had a lasting influence on Xi. When Xi worked in Zhengding, north China’s Hebei Province, in the early 1980s, he used a patched quilt made from over a hundred pieces of old cloth that his mother had sewn more than a decade earlier. When an official offered to buy a new one for him, he refused, saying, “The quilt is fine.”

During the 2001 Spring Festival, Qi called Xi, who was then deputy secretary of the CPC Fujian Provincial Committee and governor of Fujian. She told him that it was understandable he could not return to Beijing for the family reunion, emphasizing that excelling in his work was the greatest act of filial piety.

Raised in such a household, Xi has always put the people first. For decades, he has adhered to the principle that “bringing benefits to the people is the greatest achievement,” treating the public with the care he would show to his own parents and working tirelessly to improve the lives of all Chinese families.

For more information, please click:
https://news.cgtn.com/news/2026-05-10/Mother-s-Day-How-heroic-mothers-inspire-Xi-Jinping-1N1ERJsy5fW/p.html
Youtube: https://youtu.be/DoDxYgrAX2w

Contact: CGTN Digital [email protected]

GlobeNewswire Distribution ID 9717055

New global survey reveals gap between employee feedback and action as Workvivo introduces Seer as a standalone solution, with industry veteran Justin Black at the helm

CORK, Ireland, May 06, 2026 (GLOBE NEWSWIRE) — Workvivo by Zoom today announced Seer by Workvivo, a new standalone platform built on its market-leading Employee Insights capabilities, marking the evolution of its offerings from traditional employee listening into people intelligence. Designed to help organizations turn employee feedback into visible outcomes and real change, Seer reflects a growing need to close the execution gap between insight and action.

Already in use by many Workvivo customers as part of the platform’s Employee Insights capabilities, Seer has delivered meaningful impact for organizations working to turn feedback into action. Based on that success, it is now being introduced as a standalone product, reflecting the growing need to bring this capability to a broader set of organizations. At its core is an approach to people intelligence that connects data on how employees work, feel, communicate, and perform, giving leaders a more complete view of their workforce and enabling more coordinated, effective decisions. To lead this next phase, Workvivo has appointed industry veteran Justin Black, former head of Glint at Microsoft and LinkedIn, and founder of Glint’s People Science team.

As part of its continued investment in people intelligence, Workvivo has also expanded its team with key hires including Phil Murphy, formerly of Qualtrics, as Head of Growth, and Jaime Gonzales, who brings experience from Microsoft, LinkedIn, and Glint, as Principle People Scientist. These additions reflect Workvivo’s continued investment in advancing the people intelligence category.

Organizations are collecting more feedback than ever, yet employees are not seeing meaningful change as a result. In a new Workvivo-commissioned survey (The Listening Gap*), of 4,736 frontline and desk workers globally, 62% of employees say they are comfortable giving feedback, yet only 49% see meaningful change, and just 42% believe leaders are held accountable for acting on it. The issue is not a lack of data, but a lack of accountability and follow-through. Workvivo is taking direct aim at this gap with Seer.

“The industry doesn’t have a listening problem, it has an execution problem,” said Justin Black, Head of Seer by Workvivo. “There are powerful tools to measure employee experience, but measurement alone does not create progress. When feedback does not lead to visible outcomes, it breaks trust. The next phase of this category is about impact and accountability, not just insight. That is exactly what we are building with Seer.”

The execution gap is even more pronounced for frontline workers. According to The Listening Gap report by Workvivo, just 54% of desk-based workers say they see meaningful change from feedback, and that number drops to 39% among frontline workers, highlighting a structural gap in how organizations listen and respond. Seer helps address this by allowing companies to meet employees where they are through a mobile-first experience that aims to connect feedback to visible results and support listening that is inclusive, continuous, and actionable across the entire workforce.

Seer is designed to close the gap between what employees say and what organizations do by making it easier for leaders to translate insight into action that moves the needle on business performance. It introduces a more continuous and contextual approach to understanding the employee experience, combining feedback with real-time signals from communication, collaboration, and engagement to create a more complete view of how people experience work. Through AI-powered, personalized manager dashboards, leaders can understand not just what is happening, but which actions could help drive better outcomes.

“People intelligence is the next evolution of this category, and we’re making a clear investment in leading it,” said John Goulding, Co-Founder and CEO of Workvivo. “With Seer, we’re focused on helping leaders turn insight into impact at scale. Justin’s experience building and shaping this space, combined with his ability to translate complex data into meaningful outcomes, strengthens our ability to deliver on that vision.”

Workvivo’s move into people intelligence is grounded in its position at the center of the employee experience. As an AI-native platform that unifies communication, engagement, and knowledge, Workvivo brings a level of context that standalone survey tools cannot. This enables Seer to connect insights to the broader employee experience, helping organizations turn feedback into meaningful, visible outcomes.

To learn more about Seer by Workvivo, visit workvivo.com/seer/.

*In 2026, Workvivo commissioned an independent research firm, TrendCandy, to survey 4,736 frontline and desk employees across multiple industries and countries. Respondents were vetted and sourced using selected B2B sample panels across the globe, employing quality checks like double vetting, double-blind recruiting, engagement quality checks, randomization and other methodology best practices.

About Workvivo by Zoom
Workvivo by Zoom is the market leading, AI-native employee experience platform for modern enterprises which now includes Seer by Workvivo, the people intelligence platform. Together, they help HR leaders strengthen culture, increase engagement, and drive measurable impact at scale.

As AI reshapes how work gets done, Workvivo brings listening and action together in one place, enabling HR teams to understand sentiment, keep employees aligned through change, and respond in ways people can see. With Seer, both as a standalone or built into the Workvivo platform employees use every day, organizations can capture feedback where work happens and turn it into visible follow-through. AI-powered analysis delivers instant, credible insights, while managers receive clear guidance on where to focus. Integrated communication tools make it easy to act immediately through updates, journeys, and spaces without switching systems, creating a culture where employees see their feedback drive real change. Founded in Cork, Ireland in 2017 and acquired by Zoom in 2023, Workvivo continues to redefine how organizations connect, align, and activate their workforce, driving measurable improvements in culture, engagement, and performance. For more information, visit www.workvivo.com.

Contact information: 
Vineetha Pathrose
[email protected]

GlobeNewswire Distribution ID 9714244

SAN FRANCISCO, May 05, 2026 (GLOBE NEWSWIRE) — Meltwater, the global leader in actionable intelligence for PR, Communications and Marketing teams, today announced its 2026 Mid-Year Product Release, designed to empower organizations to move beyond monitoring to uncover critical signals, identify emerging risks and opportunities, and act with speed and confidence.

For years, teams focused on monitoring coverage, tracking social, and measuring activity. But that’s no longer enough.

Conversations now extend far beyond traditional channels, move quicker than ever, and are shaped by journalists, creators, consumers, and increasingly, AI assistants that shape public perception at scale. The result is a more complex and distributed information environment, where teams need one view of signals across channels to spot opportunities and act quickly.

Meltwater’s 2026 Mid-Year Release addresses this shift, transforming fragmented media, social, and AI signals into clear, actionable intelligence that teams can use to make faster, more confident decisions.

“We’re entering a new era of narrative intelligence that requires all of us to understand and act at the speed with which online narratives develop,” said Chris Hackney, Chief Product Officer at Meltwater. “This release is designed to help teams move from monitoring to discovery to action, faster than ever before.”

What’s new in the 2026 Mid-Year Release?

Take control of your AI presence with GenAI Lens

Meltwater’s GenAI Lens was launched in 2025 as an industry-first solution for organizations to understand how their company and products are mentioned across major LLMs. Now, new AI-powered reporting and recommendations in GenAI Lens give teams even more power in actively shaping how their brand appears in AI answers.

Enhancements to GenAI Lens include:

• AI-Powered Recommendations with clear suggestions on how to improve visibility and positioning in LLM responses.
• LLM-Generated Reporting for branded, executive-ready summaries that are ready in minutes.

Mira: Your AI Teammate, working everywhere you are

Meltwater’s AI assistant, Mira, has handled more than 1.3 million prompts for Meltwater customers to date, seamlessly completing media briefs, analyzing coverage, building reports, and more. With this release, Mira is now embedded across every step of media, social, and consumer intelligence workflows and directly integrated into the tools you already work in.

Key updates include:

• Mira Agent for Slack, bringing the full power of Mira directly into Slack.
• Mira Mobile, bringing real-time insights and summaries to mobile, for on-the-go intelligence and faster decision-making.
• Automated Dashboard Creation & Insight Explanation enhancements bring full dashboards into Mira, eliminating the need to navigate to another tab or assemble anything manually, with clear explanations of dashboard data that mean you can understand changes quickly without manual analysis.

These updates transform AI from a tool into a true teammate, accelerating speed to insight and enabling teams to do more every day.

Deeper Intelligence with Trends Center, Expanded Data Coverage and Speech-to-Text Analysis

Understanding today’s narrative requires more data coverage, especially as conversations expand across formats like video and audio. Building on the most comprehensive data set in the market, Meltwater is investing in further expanded data and richer insights, so that teams can uncover more signals and turn complex conversations into actionable intelligence.

Enhancements include:

• Expanded Trends Center Coverage across X, Instagram, News, and Facebook to spot emerging trends sooner and take action.
• New Data Sources, including YouTube channel-level insights and Substack content, to capture more of the conversation than ever before.
• Speech-to-Text Analysis, unlocking hidden insights from video and turning spoken content from platforms like Instagram and TikTok into searchable, measurable data.

AI-Enhanced Media Relations

In today’s landscape, reaching the right voices is more critical than reaching the most voices. New AI-powered updates help teams build stronger, more effective relationships with the voices shaping public perception.

New capabilities across media relations include:

• Journalist Relevance Matching to identify the best-fit contacts faster. Journalist profiles now include a relevance label based on recent coverage and your story themes and outreach goals.
• AI-Powered Pitch Personalization, generating tailored journalist outreach based on what they are actively covering and recent engagement.

“The challenge isn’t access to data, it’s making sense of it fast enough to act,” said Aditya Jami, Chief Technology Officer at Meltwater. “AI only delivers value when it’s embedded into day-to-day workflows and decision-making. This release brings intelligence directly into our customers’ workflows so teams can move from fragmented analysis to clear understanding and action.”

To learn more about Meltwater’s Mid-Year Release, visit meltwater.com.

For more information, please contact:
Kelly Costello
Corporate Communications Director
[email protected]

About Meltwater
Meltwater is the global leader in actionable intelligence for PR, Communications, and Marketing teams. By analyzing 1.3 billion pieces of content daily, Meltwater transforms media, social, and AI signals into intelligence that leaders rely on to make faster, more confident decisions. With 27,000 customers worldwide, Meltwater is the intelligence platform global brands trust to stay ahead. Learn more at meltwater.com.

Meltwater: Intelligence you can act on.

GlobeNewswire Distribution ID 9713241

MAPLE GROVE, Minn., May 05, 2026 (GLOBE NEWSWIRE) — EarthDaily Analytics (EarthDaily) today announced it has been selected by the U.S. National Reconnaissance Office (NRO) to support the use of commercial multispectral Earth observation imagery under the Strategic Commercial Enhancements (SCE) Commercial Solutions Opening (CSO). The contract, valued at $1.2 million, underscores the growing role of commercial providers in supporting U.S. government mission needs.

EarthDaily will provide scientifically calibrated multispectral imagery and remote sensing capabilities via modeling, simulation, and data evaluation, leveraging the EarthDaily Constellation currently on orbit as well as additional satellites launching throughout 2026, EarthDaily will demonstrate its capabilities through end-to-end tasking, collection, and product dissemination, and respond to product ordering and delivery requests from the NRO and its partners.

“This selection reflects a broader shift toward integrating commercially available, high-quality Earth observation data into operational decision-making,” said Eric von Eckartsberg, Chief Revenue Officer, EarthDaily. “Our focus is on delivering consistent, trusted measurement that enables faster, more confident decisions in complex environments.”

The award represents an important step in establishing a scalable contracting framework for future U.S. government demand, positioning EarthDaily to support a wider range of mission applications as commercial Earth observation becomes increasingly embedded in national security workflows.

The selection aligns with the EarthDaily Constellation, a next-generation optical Earth observation system designed to deliver daily global coverage across 22 spectral bands, with full operational capability expected later this year. The constellation is purpose-built for broad-area change detection, enabling repeatable, consistent measurement at scale and supporting AI-ready analytics for both government and commercial users.

Through this award, EarthDaily continues to expand its role as a trusted commercial provider of Earth observation data and analytics, supporting national security and other high-impact applications.

About EarthDaily

EarthDaily is a global Earth observation company focused on delivering science-grade data and analytics designed for broad-area change detection and decision-centric intelligence. With the EarthDaily Constellation, the company is building a foundation for daily, globally consistent Earth intelligence to support governments and enterprises operating in complex, high-impact environments.

To learn more, visit earthdaily.com and follow EarthDaily on LinkedIn (@EarthDaily) and X (@EarthDailyA).

Contacts
Tanya Cross
Vice President, Global Marketing and Communications
EarthDaily
[email protected]

Alliance Advisors IR
[email protected]

GlobeNewswire Distribution ID 9713119

• Bullish (NYSE: BLSH) has entered into a definitive agreement to acquire Equiniti, a leading global transfer agent serving nearly 3,000 issuer clients, 15,000 total corporate clients, 20 million shareholders, and processing $500 billion in annual payments.
• The combination creates the first fully integrated blockchain-enabled, blue-chip issuer services provider — unifying a regulated transfer agent with end-to-end tokenization infrastructure.
• The $4.2 billion transaction comprises $1.85 billion of assumed Equiniti debt and approximately $2.35 billion in Bullish stock consideration, subject to customary purchase price adjustments.
• The pro forma combined company is expected to generate approximately $1.3 billion in adjusted total revenue and ~$500+ million in adjusted EBITDA less Capex for 2026E, and to thereafter achieve 6-8% combined 2027E-2029E revenue growth, including 20% revenue growth from tokenization and blockchain services.
• The transaction is expected to close in January of 2027, subject to regulatory approvals and customary closing conditions.

GEORGE TOWN, Cayman Islands, May 05, 2026 (GLOBE NEWSWIRE) — Bullish (NYSE: BLSH), the institutional-grade digital asset platform, today announced it has entered into a definitive agreement to acquire Equiniti, a leading global transfer agent and provider of mission-critical shareholder services, in a transaction valued at $4.2 billion. The combination creates the global transfer agent for tokenized securities and aims to position Bullish to lead the shift toward blockchain-native capital markets infrastructure.

The acquisition brings together Bullish’s blockchain-native offering: token design, issuance, operation and compliance; distribution through regulated markets globally; liquidity provisioning; and visibility through CoinDesk’s media, data, and research. Equiniti brings what every listed company in most major markets is required to have: a regulated transfer agent. As the system of record for nearly 3,000 blue-chip public companies, Equiniti processes approximately $500 billion in annual payments and supports over 20 million verified shareholders. The combined platform, built to work alongside existing market infrastructure, supports the complete tokenized asset lifecycle.

A Generational Shift in Capital Markets

As capital markets move into a blockchain era with tokenized securities, the combination will address a foundational gap in market infrastructure: the absence of a transfer agent built for the blockchain. The shift underway is profound: stablecoins (the tokenized U.S. dollar) have grown to over $300 billion in reported market capitalization and an estimated $10 trillion in annual payments volume in just a decade. This is one of the most significant structural transformations in capital markets since the advent of electronic trading, and the combined entity will be well positioned to be the operating system that powers it.

“Tokenization is a once-in-a-generation shift in how capital markets operate, the defining infrastructure trend of the next 25 years,” said Tom Farley, CEO of Bullish. “Broad adoption at institutional scale requires three things: end-to-end tokenization services, a single, unified ledger, and a broad base of blue-chip issuer relationships, at scale. This combination delivers all three and I believe it uniquely positions us to lead the transition to tokenized securities.”

Benefits Across the Ecosystem

The combination is expected to deliver concrete benefits across the ecosystem. As blockchain technology and tokenized real-world assets gain broader adoption, this combination will enable issuers to gain real-time cap table visibility — a significant upgrade from the days or weeks of lag in traditional registries — automated corporate actions, broader investor access, and lower costs. Investors will gain the ability to engage in 24/7 transactions, instant settlement, and frictionless asset movement. Bullish will provide secondary trading infrastructure for eligible tokenized equities outside the U.S., serving non-U.S. investors seeking liquidity in tokenized shares and bridging certificated and tokenized markets.

“Equiniti sits at the heart of global capital markets, supporting clients who rely on resilient and trusted infrastructure. When I joined, the mission was clear: support our clients as they modernize by combining deep operational expertise with modern technology in a responsible way,” said Dan Kramer, CEO of Equiniti. “This transaction reflects that intent. It strengthens our ability to support clients as markets evolve, while maintaining the stability, service, and trust they expect from Equiniti. Working closely with Tom over the last few months, it’s clear we share a common view: market infrastructure should modernize thoughtfully, securely, and with clients leading the way.”

The combined platform will be designed to interoperate with existing capital markets infrastructure — including CSDs such as DTCC, Euroclear, and Clearstream, custodians, and broker-dealers — complementing existing books and records. It will operate within established regulatory frameworks, drawing on Equiniti’s SEC-registered transfer agent status and FCA-regulated UK operations alongside Bullish’s licensed digital asset infrastructure, and is built to align with emerging regimes such as the EU DLT Pilot — giving institutional issuers and investors the regulatory clarity needed for adoption at scale.

About the Transaction

Siris acquired Equiniti in 2021 and has played a central role in the company’s strategic development.

“When Siris invested in Equiniti, we identified a scaled, high quality infrastructure platform with deep client relationships, and partnered closely with Dan and his team to strengthen the business and prepare it for its next phase of growth. This outcome reflects our strategy of backing tech enabled services businesses at the center of market transformation, and we are confident that Bullish is exceptionally well positioned to build on Equiniti’s strength in an evolving capital markets ecosystem,” said Frank Baker, Co-Founder and Managing Partner of Siris.

Equiniti will operate under the Bullish umbrella alongside Bullish Exchange and CoinDesk. CEO Dan Kramer and the Equiniti leadership team will retain responsibility for day-to-day operations, regulatory obligations and client relationships. Bullish will provide strategic infrastructure and support to accelerate the companies’ shared tokenization roadmap. Siris will receive two board seats as part of the transaction. Closing is expected in January of 2027, subject to customary closing conditions and required regulatory approvals.

Key Financial Metrics

• The $4.2 billion transaction comprises $1.85 billion of assumed Equiniti debt and approximately $2.35 billion in Bullish stock consideration, subject to customary purchase price adjustments.
  • Bullish stock consideration is priced at $38.48 per share, based on Bullish’s 30-day VWAP as of close on May 4, 2026.
• Transaction includes a call option for Siris to acquire non-core Equiniti business lines, the financials of which have been excluded from all transaction disclosures.
• On a pro forma combined basis, the companies are expected to generate approximately $1.3 billion in adjusted total revenue and ~$500+ million in adjusted EBITDA less Capex for 2026E, reflecting a highly profitable and scaled platform prior to the realization of synergies.
• Bullish expects to realize 6-8% annual revenue growth from 2027E to 2029E and greater than $100 million in annual EBITDA less Capex growth.
  • 2029E exit run-rate EBITDA less Capex margin target of ~50%+

Webcast

Bullish will host a conference call and webcast to discuss this transaction at 8:30 AM ET today, May 5th. The live webcast and accompanying presentation materials will be accessible via the Investor Relations section of Bullish’s website at investors.bullish.com

Advisors

Goldman Sachs & Co. LLC served as exclusive financial advisor to Bullish. Morgan, Lewis & Bockius LLP served as legal counsel. Alvarez & Marsal also advised Bullish.

Evercore and FT Partners served as lead financial advisors to Siris, as well as Wells Fargo and LionTree Advisors. Sidley Austin LLP served as legal counsel to Siris.

Media Contacts

Bullish: [email protected]

Equiniti: [email protected]

About Bullish:
Bullish (NYSE: BLSH) is an institutionally focused global digital asset platform that provides regulated market infrastructure and information services. This includes Bullish Exchange – an institutionally focused digital assets spot and derivatives exchange, integrating a high-performance central limit order book matching engine with automated market making to provide deep and predictable liquidity. Bullish Europe is regulated under MiCAR as a crypto asset service provider offering spot trading and custody services for digital assets.

Bullish is the parent company of CoinDesk, a leading provider of digital asset media and information services. CoinDesk’s offerings include: CoinDesk Indices – a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets for global institutions in the digital assets and traditional finance industries; CoinDesk Data – a broad suite of digital asset market data and analytics, providing real-time insights into prices, trends and market dynamics; and CoinDesk Insights – a digital asset media and events provider and operator of coindesk.com, a digital media platform that covers news and insights about digital assets, the underlying markets, policy and blockchain technology. For more information, please visit bullish.com and follow LinkedIn and X.

About Equiniti:
Equiniti delivers trusted data, intelligent insight, and seamless administration across the full equity ownership lifecycle. We help issuers, investors, and employees navigate complexity, strengthen market engagement, and achieve better outcomes through technology-powered solutions backed by expert service. Our 5,000+ global associates support more than 12,000 organizations and over 20 million shareholders worldwide.

Use of Websites to Distribute Material Company Information
We use the Bullish Investor Relations website (investors.bullish.com) and our X account (x.com/bullish) to publicize information relevant to investors, including information that may be deemed material, in addition to filings we make with the U.S. Securities and Exchange Commission (SEC) and press releases. We encourage investors to regularly review the information posted on our website and X account in addition to our SEC filings and press releases to be informed of the latest developments.‍

‍Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Sentences containing words such as “believe,” “intend,” “plan,” “may,” “will,” “expect,” “should,” “could,” “anticipate,” “estimate,” “predict,” “project,” or their negatives, or other similar expressions of a future or forward-looking nature generally should be considered forward-looking statements and include, without limitation, statements and information relating to the acquisition of Equiniti, the future financial or operating performance, business strategy, and potential market opportunity of Bullish, Equiniti or the combined companies, and expectations related to the growth and adoption of tokenized securities and blockchain technology. Such forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Bullish, are inherently uncertain and are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that may cause results to differ from those expressed in our forward-looking statements include, but are not limited, to the satisfaction of the conditions to closing the acquisition and combination in the anticipated timeframe or at all, the failure to obtain necessary regulatory approvals, the ability to realize the anticipated benefits of the combination, the ability to successfully integrate the business, litigation or regulatory actions related to the acquisition and combination, disruption from the acquisition and combination and its impact on our ability to grow our business and operations, including in new geographic locations, the costs or expenditures associated therewith, competition in our industry, and the evolving rules and regulations applicable to digital assets, tokenization and our industry. You should not place undue reliance on any such forward-looking statements, which speak only as of the date they are made, and Bullish undertakes no duty to update these forward-looking statements.

GlobeNewswire Distribution ID 9713193

Production-ready SOM simplifies development and speeds time-to-market of innovative industrial Edge AI devices

IRVINE, Calif., March 27, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced its new Open-Q 8550CS System-on-Module (SOM). Powered by the Qualcomm Dragonwing QCS8550 processor, this production-ready module provides low-power, on-device Artificial Intelligence (AI) and Machine Learning (ML) capabilities, simplifying design and empowering developers to more quickly bring innovative edge products to market.

Lantronix’s Open-Q 8550 is uniquely designed to meet the higher AI/ML requirements of extreme Edge computing, including advanced video and AI applications such as video collaboration, video transcoding, camera applications and integration with Edge AI gateways. Like all Lantronix’s embedded compute technology, this platform uniquely provides a complete solution comprised of hardware, software, Device Management and Services, enabling customers to get to market faster. It is an ideal platform for the development of industrial Edge AI products, including drones, controllers, robotics and industrial handheld devices for a variety of industries, including smart warehousing, manufacturing, transportation, logistics and retail.

“Qualcomm Technologies’ 15-year strategic collaboration with Lantronix supports our mutual goal of delivering integrated, collaborative solutions to elevate the success of IoT, Edge AI and AI/ML technologies to drive the development of advanced-edge applications,” said Suri Maddhula, vice president of IoT Solutions Product Management at Qualcomm Technologies Inc.

“With the support of Qualcomm Technologies, Lantronix is driving seamless AI innovation at the Edge, empowering developers to harness embedded computing and IoT for cutting-edge, industrial-grade solutions. Together, we’re transforming the impossible into reality,” said Mathi Gurusamy, chief strategy officer at Lantronix.

High-Performance Open-Q 8550CS SOM Meets AI/ML Requirements for Edge Computing

The Open-Q 8550CS SOM features an on-device AI engine with premium performance, supporting the higher AI/ML requirements for extreme Edge computing, including Edge devices, Edge servers and Edge AI boxes.

Key features include:

• Low power consumption with a 4nm process
• Kryo Octa-core CPU up to 3.2 GHz and Adreno A740 GPU
• Dual eNPU delivering 48 INT8, 12 FP16 TOPs
• Security features include Trusted Management Engine, Hypervisor, Secure Processing Unit, and DDR encryption
• Enterprise-level connectivity with Wi-Fi 7 MU-MIMO supporting up to 5.8Gbps
• Best-in-class performance across compute processing, camera, AI, security and audio.
• Up to 8GB LPDDR5 RAM + 128GB UFS Flash
• Android 13 and Linux Yocto Kirkstone
• Dedicated Computer Vision Engine
• Multiple MIPI camera and display ports
• Multiple high speed connectivity options
• Support for Qualcomm Sensing Hub 3.0

Benefits include the ability to:

• Enhance video conferencing meeting experiences, automated guided vehicle pathing, smart camera image quality and Edge AI box scalability with its octal-core computing capabilities and 48 AI TOPS tensor performance;
• Perform complex 3D rendering and computer vision tasks with a powerful Adreno 740 GPU supporting ray tracing, Open GL ES, Vulkan and Open CL profiles and 4K240/8K60 video decoding and 4K120/8K30 encoding; and
• Connect Edge AI boxes leveraging high-speed 2.5G and 10G Ethernet ports.

Open-Q 8550 Dev Kit Speeds Development, Reduces Time-to-Market

Providing an ideal starting point for evaluating the Open-Q 8550CS SOM, Lantronix’s Open-Q 8550CS SOM Development Kit is designed to facilitate easy evaluation of the SOM’s key features, such as the low-power AI subsystem with a dedicated DSP and AI accelerator supporting always-on audio, sensors, contextual data streams and an always-on camera.

The kit supports the evaluation of C-PHY and D-PHY MIPI CSI and GMSL cameras, dual MIPI DSI, DisplayPort, audio, sensors, GNSS, Gigabit Ethernet and many more features. It comes with Lantronix’s Open-Q 8550CS SOM, an open-frame carrier board exposing all the available I/O, and a range of accessories to fast-track product development.

TAA and NDAA Compliant Solutions

Lantronix Open-Q development solutions are TAA and NDAA compliant, ensuring at least 10 years of longevity with strict Bill-of-Materials and rigorous quality control. Backed by more than 20 years of expertise, Lantronix has successfully delivered more than 1,200 hardware and software projects, setting the standard for reliability and innovation.

Lantronix Engineering Services

Lantronix Engineering Services delivers turn-key product development support for its Open-Q platforms and development kits. Backed by unparalleled engineering expertise behind 1,500+ successful products, our development team specializes in camera development and tuning, voice control, machine learning, mechanical and RF design, as well as thermal and power optimization. With cost-effective solutions, we accelerate developers’ go-to-market timelines, ensuring innovation meets efficiency.

About Lantronix

Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the Lantronix website.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
[email protected]

Lantronix Analyst and Investor Contact:
[email protected]

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