Day: September 5, 2024

Nikkiso CE&IG and GTT team members

TEMECULA, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group, part of Nikkiso Co. Ltd.’s Industrial Business segment, and GTT announced today they have entered into a partnership to support the LNG-fueled cargo shipping market. The partnership between Nikkiso CE&IG and GTT brings together cutting-edge engineering and technology for LNG membrane containment and process systems and best-in-class hardware, global manufacturing and technical integration competencies.

GTT’s patented Recycool technology ensures boil-off gas (BOG) is recovered and managed safely to avoid unwanted emissions and improve fuel efficiency. Integrated with Nikkiso’s high-pressure fuel gas pump skids, the partnership provides ship owners with enhanced performance by maintaining reliability durability and efficiency to give customers a competitive edge in the market.

“Our partnership with GTT and complementary expertise advances the growth of both companies in the LNG-fuelled shipping market,” said Nikkiso Clean Energy & Industrial Gases CEO Adrian Ridge. “This strength is evidenced by the first large order for 10 container ships, and we expect more awards in the future.”

Jean-Baptiste Choimet, Chief Executive Officer of GTT, stated: “I’d like to thank the Nikkiso team for their support and collaboration. With GTT’s expertise in reducing boil-off rates through our membrane technology, the Recycool system now provides LNG-fueled vessels with effective solutions for managing boil-off and lowering their carbon footprint. The adoption of Recycool by leading Chinese and Korean shipyards reflects the industry’s trust in this solution.”

The value of this partnership has already been recognized by large ship owners with a recent award from a leading shipping operator and numerous projects under negotiation for a variety of ship types.

About Nikkiso Clean Energy & Industrial Gases Group

The Nikkiso Clean Energy & Industrial Gases Group is a leading provider of cryogenic equipment, technologies and applications for clean energy and industrial gas market segments. The Group employs more than 1,700 people in 22 countries and is headed by Cryogenic Industries, Inc. in Southern California, U.S., which is a wholly owned subsidiary of Nikkiso Co., Ltd. (TSE: 6376).

Media contact
pr@nikkisoceig.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8254d660-5938-486d-af42-c71dbf70962f

GlobeNewswire Distribution ID 9226105

Nikkiso CE&IG and GTT team members

TEMECULA, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group, part of Nikkiso Co. Ltd.’s Industrial Business segment, and GTT announced today they have entered into a partnership to support the LNG-fueled cargo shipping market. The partnership between Nikkiso CE&IG and GTT brings together cutting-edge engineering and technology for LNG membrane containment and process systems and best-in-class hardware, global manufacturing and technical integration competencies.

GTT’s patented Recycool technology ensures boil-off gas (BOG) is recovered and managed safely to avoid unwanted emissions and improve fuel efficiency. Integrated with Nikkiso’s high-pressure fuel gas pump skids, the partnership provides ship owners with enhanced performance by maintaining reliability durability and efficiency to give customers a competitive edge in the market.

“Our partnership with GTT and complementary expertise advances the growth of both companies in the LNG-fuelled shipping market,” said Nikkiso Clean Energy & Industrial Gases CEO Adrian Ridge. “This strength is evidenced by the first large order for 10 container ships, and we expect more awards in the future.”

Jean-Baptiste Choimet, Chief Executive Officer of GTT, stated: “I’d like to thank the Nikkiso team for their support and collaboration. With GTT’s expertise in reducing boil-off rates through our membrane technology, the Recycool system now provides LNG-fueled vessels with effective solutions for managing boil-off and lowering their carbon footprint. The adoption of Recycool by leading Chinese and Korean shipyards reflects the industry’s trust in this solution.”

The value of this partnership has already been recognized by large ship owners with a recent award from a leading shipping operator and numerous projects under negotiation for a variety of ship types.

About Nikkiso Clean Energy & Industrial Gases Group

The Nikkiso Clean Energy & Industrial Gases Group is a leading provider of cryogenic equipment, technologies and applications for clean energy and industrial gas market segments. The Group employs more than 1,700 people in 22 countries and is headed by Cryogenic Industries, Inc. in Southern California, U.S., which is a wholly owned subsidiary of Nikkiso Co., Ltd. (TSE: 6376).

Media contact
pr@nikkisoceig.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8254d660-5938-486d-af42-c71dbf70962f

GlobeNewswire Distribution ID 9226105

Nikkiso CE&IG and GTT team members

TEMECULA, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group, part of Nikkiso Co. Ltd.’s Industrial Business segment, and GTT announced today they have entered into a partnership to support the LNG-fueled cargo shipping market. The partnership between Nikkiso CE&IG and GTT brings together cutting-edge engineering and technology for LNG membrane containment and process systems and best-in-class hardware, global manufacturing and technical integration competencies.

GTT’s patented Recycool technology ensures boil-off gas (BOG) is recovered and managed safely to avoid unwanted emissions and improve fuel efficiency. Integrated with Nikkiso’s high-pressure fuel gas pump skids, the partnership provides ship owners with enhanced performance by maintaining reliability durability and efficiency to give customers a competitive edge in the market.

“Our partnership with GTT and complementary expertise advances the growth of both companies in the LNG-fuelled shipping market,” said Nikkiso Clean Energy & Industrial Gases CEO Adrian Ridge. “This strength is evidenced by the first large order for 10 container ships, and we expect more awards in the future.”

Jean-Baptiste Choimet, Chief Executive Officer of GTT, stated: “I’d like to thank the Nikkiso team for their support and collaboration. With GTT’s expertise in reducing boil-off rates through our membrane technology, the Recycool system now provides LNG-fueled vessels with effective solutions for managing boil-off and lowering their carbon footprint. The adoption of Recycool by leading Chinese and Korean shipyards reflects the industry’s trust in this solution.”

The value of this partnership has already been recognized by large ship owners with a recent award from a leading shipping operator and numerous projects under negotiation for a variety of ship types.

About Nikkiso Clean Energy & Industrial Gases Group

The Nikkiso Clean Energy & Industrial Gases Group is a leading provider of cryogenic equipment, technologies and applications for clean energy and industrial gas market segments. The Group employs more than 1,700 people in 22 countries and is headed by Cryogenic Industries, Inc. in Southern California, U.S., which is a wholly owned subsidiary of Nikkiso Co., Ltd. (TSE: 6376).

Media contact
pr@nikkisoceig.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8254d660-5938-486d-af42-c71dbf70962f

GlobeNewswire Distribution ID 9226105

WASHINGTON, Sept. 05, 2024 (GLOBE NEWSWIRE) — EB5 Capital is pleased to announce the first two I-526E petition approvals for investors in its SouthFace Village at Okemo (JF36) project. An I-526E approval is a significant step in the EB-5 immigration process as it qualifies the investor and their eligible immediate family members for conditional permanent residency in the United States. The approved petitions were filed in December 2023 and January 2024.

The SouthFace Village at Okemo (JF36) project is a $103.8 million residential development containing 26 mountain chalets, 24 fully-furnished townhomes, and 6 condominiums, spanning 200-acres on the south face of Okemo Mountain, located in Ludlow, Vermont. EB5 Capital raised foreign capital from 37 investors, representing a variety of nationalities, to finance a portion of the capital stack.

“We are pleased to have received the first I-526E approvals for this project,” said Molly FitzGerald, Director of Investor Communications and Engagement at EB5 Capital. “This significant milestone underscores our commitment to providing exceptional EB-5 qualifying investment opportunities to investors.”

To date, EB5 Capital has raised foreign investor funds across over 40 EB-5 projects throughout the United States. JF36 is EB5 Capital’s 31^st project which has reached the conditional green card stage for foreign investors going through the EB-5 immigration process. Now that the first petitions have been approved, additional I-526E petition adjudications for this project are expected in the coming months.

About EB5 Capital

EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1 billion of foreign capital across approximately 40 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.  

Contact:
Katherine Willis
Director, Marketing & Communications
media@eb5capital.com

GlobeNewswire Distribution ID 9226075

WASHINGTON, Sept. 05, 2024 (GLOBE NEWSWIRE) — EB5 Capital is pleased to announce the first two I-526E petition approvals for investors in its SouthFace Village at Okemo (JF36) project. An I-526E approval is a significant step in the EB-5 immigration process as it qualifies the investor and their eligible immediate family members for conditional permanent residency in the United States. The approved petitions were filed in December 2023 and January 2024.

The SouthFace Village at Okemo (JF36) project is a $103.8 million residential development containing 26 mountain chalets, 24 fully-furnished townhomes, and 6 condominiums, spanning 200-acres on the south face of Okemo Mountain, located in Ludlow, Vermont. EB5 Capital raised foreign capital from 37 investors, representing a variety of nationalities, to finance a portion of the capital stack.

“We are pleased to have received the first I-526E approvals for this project,” said Molly FitzGerald, Director of Investor Communications and Engagement at EB5 Capital. “This significant milestone underscores our commitment to providing exceptional EB-5 qualifying investment opportunities to investors.”

To date, EB5 Capital has raised foreign investor funds across over 40 EB-5 projects throughout the United States. JF36 is EB5 Capital’s 31^st project which has reached the conditional green card stage for foreign investors going through the EB-5 immigration process. Now that the first petitions have been approved, additional I-526E petition adjudications for this project are expected in the coming months.

About EB5 Capital

EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1 billion of foreign capital across approximately 40 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.  

Contact:
Katherine Willis
Director, Marketing & Communications
media@eb5capital.com

GlobeNewswire Distribution ID 9226075

WASHINGTON, Sept. 05, 2024 (GLOBE NEWSWIRE) — EB5 Capital is pleased to announce the first two I-526E petition approvals for investors in its SouthFace Village at Okemo (JF36) project. An I-526E approval is a significant step in the EB-5 immigration process as it qualifies the investor and their eligible immediate family members for conditional permanent residency in the United States. The approved petitions were filed in December 2023 and January 2024.

The SouthFace Village at Okemo (JF36) project is a $103.8 million residential development containing 26 mountain chalets, 24 fully-furnished townhomes, and 6 condominiums, spanning 200-acres on the south face of Okemo Mountain, located in Ludlow, Vermont. EB5 Capital raised foreign capital from 37 investors, representing a variety of nationalities, to finance a portion of the capital stack.

“We are pleased to have received the first I-526E approvals for this project,” said Molly FitzGerald, Director of Investor Communications and Engagement at EB5 Capital. “This significant milestone underscores our commitment to providing exceptional EB-5 qualifying investment opportunities to investors.”

To date, EB5 Capital has raised foreign investor funds across over 40 EB-5 projects throughout the United States. JF36 is EB5 Capital’s 31^st project which has reached the conditional green card stage for foreign investors going through the EB-5 immigration process. Now that the first petitions have been approved, additional I-526E petition adjudications for this project are expected in the coming months.

About EB5 Capital

EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1 billion of foreign capital across approximately 40 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.  

Contact:
Katherine Willis
Director, Marketing & Communications
media@eb5capital.com

GlobeNewswire Distribution ID 9226075

AI-Media at IBC2024

LONDON, Sept. 05, 2024 (GLOBE NEWSWIRE) — AI-Media, the leader in live video captioning and subtitling solutions, is set to unveil a suite of groundbreaking updates to its Alta platform at the International Broadcasting Convention (IBC) 2024 happening in Amsterdam, 13-16 September. As broadcasters across the globe seek to modernize workflows and improve accessibility, AI-Media continues to deliver innovative solutions that address the industry’s most pressing challenges.

Strategic Focus at IBC 2024

At IBC 2024, AI-Media will focus on expanding its footprint in the European market with its LEXI broadcast workflow, emphasizing solutions that deliver cost savings and workflow efficiencies. The primary highlights will include:

• LEXI Live AI-Powered Captions: Offering hands-on trials to demonstrate the power, low-latency and accuracy of AI-Media’s automated captioning.
• Gold standard SDI and video IP caption encoder tech trusted by major global broadcasters.
• File-based Solutions: Promoting new solutions for video-on-demand captioning workflows.
• Multilingual Captions and Translation: Showcasing solutions that support multiple languages to cater to diverse audiences.
• Innovation Station: showcasing new tech on the horizon including LEXI Live Voice dubbing, LEXI automated audio description, generative AI topic modelling, automated sound effects recognition plus more.

AI-Media’s Value Proposition

For EMEA broadcasters, AI-Media offers turnkey subtitling solutions that integrate seamlessly into existing workflows, backed by over 20 years of in-field experience and a proven track record of delivering cost savings and workflow efficiencies for their customers. As a trusted partner to major broadcasters globally, AI-Media is committed to ongoing investment and innovation in subtitling solutions.

Revolutionary Alta Platform Enhancements

AI-Media’s latest updates to the Alta platform underscore the company’s commitment to delivering cutting-edge technology for live video captioning and subtitling:

• SMPTE ST 2110-43 Support: AI-Media’s Alta now supports outputting live captions in a 2110-43 stream, leveraging the popular standard for transporting Timed Text Markup Language (TTML) within 2110 streams. This enables broadcasters to send non-Latin character sets in low bandwidth and facilitates easy integration with third-party systems, as well as conversion to online formats for OTT distribution.
• Audio Dubbing Capabilities: LEXI audio dubbing support in Alta TS. Broadcasters will be able to create synthetically dubbed audio tracks in multiple languages, which can be inserted into MPEG TS output streams, offering new layers of accessibility.
• SCTE Trigger Automation: Alta’s LEXI triggering automation enables automated control of captions during ad breaks. LEXI captions will automatically pause, or resume based on SCTE triggers, streamlining ad break management. Triggers can also be used to position captions.
• DVB Subs Customization: Alta TS now allows end users to configure DVB Subs/bitmap caption appearance, including font size, colours, and positioning. This supports image-based characters, expanding accessibility for Asian languages.
• Google Cloud Deployment: In addition to AWS, Alta is now deployable in Google Cloud, providing broadcasters with more cloud-based alternatives to enhance their operations.

The latest updates to the Alta platform are game-changers for broadcasters, offering unparalleled automation, flexibility, efficiency, and accessibility enhancements that meet the demands of modern media environments, from cloud-native deployments to advanced automation and multilingual support.

Visit AI-Media at IBC 2024

Experience AI-Media’s latest innovations at IBC 2024 and discover why broadcasters worldwide trust AI-Media to transform their captioning workflows. To book a 1:1 meeting click HERE. For more information, visit ai-media.tv.

Watch an interview between James Ward, Chief Sales Officer at AI-Media and TVB Europe about AI-Media’s planned showcase for IBC Show 2024.

About AI-Media

Founded in Australia in 2003, AI-Media is a pioneering technology company specialising in AI language and captioning workflow solutions.

As a global leader, AI-Media provides high-quality AI-powered live and recorded captioning and translation technology and solutions to a diverse range of customers and markets worldwide.

For the first time in February 2024, AI-Media unveiled groundbreaking data showcasing the superiority of its AI captioning product, LEXI, over traditional more expensive human workflows.

With deep industry experience and sophisticated AI technology to create solutions which streamline and simplify processes, AI-Media empowers leading broadcasters, enterprises and government agencies globally to ensure seamless accessibility and inclusivity of their content.

AI-Media (ASX: AIM) commenced trading on the ASX on 15 September 2020.

Media Contact: Fiona Habben – Fiona.habben@ai-media.tv

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00176e34-613c-44dd-9daa-e1ec76c395d3

GlobeNewswire Distribution ID 9225725

AI-Media at IBC2024

LONDON, Sept. 05, 2024 (GLOBE NEWSWIRE) — AI-Media, the leader in live video captioning and subtitling solutions, is set to unveil a suite of groundbreaking updates to its Alta platform at the International Broadcasting Convention (IBC) 2024 happening in Amsterdam, 13-16 September. As broadcasters across the globe seek to modernize workflows and improve accessibility, AI-Media continues to deliver innovative solutions that address the industry’s most pressing challenges.

Strategic Focus at IBC 2024

At IBC 2024, AI-Media will focus on expanding its footprint in the European market with its LEXI broadcast workflow, emphasizing solutions that deliver cost savings and workflow efficiencies. The primary highlights will include:

• LEXI Live AI-Powered Captions: Offering hands-on trials to demonstrate the power, low-latency and accuracy of AI-Media’s automated captioning.
• Gold standard SDI and video IP caption encoder tech trusted by major global broadcasters.
• File-based Solutions: Promoting new solutions for video-on-demand captioning workflows.
• Multilingual Captions and Translation: Showcasing solutions that support multiple languages to cater to diverse audiences.
• Innovation Station: showcasing new tech on the horizon including LEXI Live Voice dubbing, LEXI automated audio description, generative AI topic modelling, automated sound effects recognition plus more.

AI-Media’s Value Proposition

For EMEA broadcasters, AI-Media offers turnkey subtitling solutions that integrate seamlessly into existing workflows, backed by over 20 years of in-field experience and a proven track record of delivering cost savings and workflow efficiencies for their customers. As a trusted partner to major broadcasters globally, AI-Media is committed to ongoing investment and innovation in subtitling solutions.

Revolutionary Alta Platform Enhancements

AI-Media’s latest updates to the Alta platform underscore the company’s commitment to delivering cutting-edge technology for live video captioning and subtitling:

• SMPTE ST 2110-43 Support: AI-Media’s Alta now supports outputting live captions in a 2110-43 stream, leveraging the popular standard for transporting Timed Text Markup Language (TTML) within 2110 streams. This enables broadcasters to send non-Latin character sets in low bandwidth and facilitates easy integration with third-party systems, as well as conversion to online formats for OTT distribution.
• Audio Dubbing Capabilities: LEXI audio dubbing support in Alta TS. Broadcasters will be able to create synthetically dubbed audio tracks in multiple languages, which can be inserted into MPEG TS output streams, offering new layers of accessibility.
• SCTE Trigger Automation: Alta’s LEXI triggering automation enables automated control of captions during ad breaks. LEXI captions will automatically pause, or resume based on SCTE triggers, streamlining ad break management. Triggers can also be used to position captions.
• DVB Subs Customization: Alta TS now allows end users to configure DVB Subs/bitmap caption appearance, including font size, colours, and positioning. This supports image-based characters, expanding accessibility for Asian languages.
• Google Cloud Deployment: In addition to AWS, Alta is now deployable in Google Cloud, providing broadcasters with more cloud-based alternatives to enhance their operations.

The latest updates to the Alta platform are game-changers for broadcasters, offering unparalleled automation, flexibility, efficiency, and accessibility enhancements that meet the demands of modern media environments, from cloud-native deployments to advanced automation and multilingual support.

Visit AI-Media at IBC 2024

Experience AI-Media’s latest innovations at IBC 2024 and discover why broadcasters worldwide trust AI-Media to transform their captioning workflows. To book a 1:1 meeting click HERE. For more information, visit ai-media.tv.

Watch an interview between James Ward, Chief Sales Officer at AI-Media and TVB Europe about AI-Media’s planned showcase for IBC Show 2024.

About AI-Media

Founded in Australia in 2003, AI-Media is a pioneering technology company specialising in AI language and captioning workflow solutions.

As a global leader, AI-Media provides high-quality AI-powered live and recorded captioning and translation technology and solutions to a diverse range of customers and markets worldwide.

For the first time in February 2024, AI-Media unveiled groundbreaking data showcasing the superiority of its AI captioning product, LEXI, over traditional more expensive human workflows.

With deep industry experience and sophisticated AI technology to create solutions which streamline and simplify processes, AI-Media empowers leading broadcasters, enterprises and government agencies globally to ensure seamless accessibility and inclusivity of their content.

AI-Media (ASX: AIM) commenced trading on the ASX on 15 September 2020.

Media Contact: Fiona Habben – Fiona.habben@ai-media.tv

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00176e34-613c-44dd-9daa-e1ec76c395d3

GlobeNewswire Distribution ID 9225725

AI-Media at IBC2024

LONDON, Sept. 05, 2024 (GLOBE NEWSWIRE) — AI-Media, the leader in live video captioning and subtitling solutions, is set to unveil a suite of groundbreaking updates to its Alta platform at the International Broadcasting Convention (IBC) 2024 happening in Amsterdam, 13-16 September. As broadcasters across the globe seek to modernize workflows and improve accessibility, AI-Media continues to deliver innovative solutions that address the industry’s most pressing challenges.

Strategic Focus at IBC 2024

At IBC 2024, AI-Media will focus on expanding its footprint in the European market with its LEXI broadcast workflow, emphasizing solutions that deliver cost savings and workflow efficiencies. The primary highlights will include:

• LEXI Live AI-Powered Captions: Offering hands-on trials to demonstrate the power, low-latency and accuracy of AI-Media’s automated captioning.
• Gold standard SDI and video IP caption encoder tech trusted by major global broadcasters.
• File-based Solutions: Promoting new solutions for video-on-demand captioning workflows.
• Multilingual Captions and Translation: Showcasing solutions that support multiple languages to cater to diverse audiences.
• Innovation Station: showcasing new tech on the horizon including LEXI Live Voice dubbing, LEXI automated audio description, generative AI topic modelling, automated sound effects recognition plus more.

AI-Media’s Value Proposition

For EMEA broadcasters, AI-Media offers turnkey subtitling solutions that integrate seamlessly into existing workflows, backed by over 20 years of in-field experience and a proven track record of delivering cost savings and workflow efficiencies for their customers. As a trusted partner to major broadcasters globally, AI-Media is committed to ongoing investment and innovation in subtitling solutions.

Revolutionary Alta Platform Enhancements

AI-Media’s latest updates to the Alta platform underscore the company’s commitment to delivering cutting-edge technology for live video captioning and subtitling:

• SMPTE ST 2110-43 Support: AI-Media’s Alta now supports outputting live captions in a 2110-43 stream, leveraging the popular standard for transporting Timed Text Markup Language (TTML) within 2110 streams. This enables broadcasters to send non-Latin character sets in low bandwidth and facilitates easy integration with third-party systems, as well as conversion to online formats for OTT distribution.
• Audio Dubbing Capabilities: LEXI audio dubbing support in Alta TS. Broadcasters will be able to create synthetically dubbed audio tracks in multiple languages, which can be inserted into MPEG TS output streams, offering new layers of accessibility.
• SCTE Trigger Automation: Alta’s LEXI triggering automation enables automated control of captions during ad breaks. LEXI captions will automatically pause, or resume based on SCTE triggers, streamlining ad break management. Triggers can also be used to position captions.
• DVB Subs Customization: Alta TS now allows end users to configure DVB Subs/bitmap caption appearance, including font size, colours, and positioning. This supports image-based characters, expanding accessibility for Asian languages.
• Google Cloud Deployment: In addition to AWS, Alta is now deployable in Google Cloud, providing broadcasters with more cloud-based alternatives to enhance their operations.

The latest updates to the Alta platform are game-changers for broadcasters, offering unparalleled automation, flexibility, efficiency, and accessibility enhancements that meet the demands of modern media environments, from cloud-native deployments to advanced automation and multilingual support.

Visit AI-Media at IBC 2024

Experience AI-Media’s latest innovations at IBC 2024 and discover why broadcasters worldwide trust AI-Media to transform their captioning workflows. To book a 1:1 meeting click HERE. For more information, visit ai-media.tv.

Watch an interview between James Ward, Chief Sales Officer at AI-Media and TVB Europe about AI-Media’s planned showcase for IBC Show 2024.

About AI-Media

Founded in Australia in 2003, AI-Media is a pioneering technology company specialising in AI language and captioning workflow solutions.

As a global leader, AI-Media provides high-quality AI-powered live and recorded captioning and translation technology and solutions to a diverse range of customers and markets worldwide.

For the first time in February 2024, AI-Media unveiled groundbreaking data showcasing the superiority of its AI captioning product, LEXI, over traditional more expensive human workflows.

With deep industry experience and sophisticated AI technology to create solutions which streamline and simplify processes, AI-Media empowers leading broadcasters, enterprises and government agencies globally to ensure seamless accessibility and inclusivity of their content.

AI-Media (ASX: AIM) commenced trading on the ASX on 15 September 2020.

Media Contact: Fiona Habben – Fiona.habben@ai-media.tv

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00176e34-613c-44dd-9daa-e1ec76c395d3

GlobeNewswire Distribution ID 9225725

London, Dubai, Sept. 05, 2024 (GLOBE NEWSWIRE) — XTCC, a firm specialising in tradable financial instruments tied to high integrity carbon credits, today announces a strategic partnership with Finmaal, a premier e-marketplace service provider focused on fintech and insurtech solutions, headquartered in Dubai, UAE. This partnership empowers Finmaal customers to elect to offset Greenhouse Gas (GHG) emissions directly associated with the Finmaal products they purchase through its platform, marking a significant step forward in the integration of sustainability within financial services.

XTCC’s expertise in the global carbon market and experience building financial products underpinned with high-quality carbon reducing projects will be leveraged to create offset calculations and products that can be accessed seamlessly by Finmaal’s diverse customer base. This collaboration aligns perfectly with XTCC’s mission to embed environmental sustainability into financial solutions, enabling individuals and businesses to actively reduce carbon footprints.

“We’re thrilled to partner with Finmaal, a company that shares our commitment to sustainability,” said XTCC CEO, Seth Elliott, “Through this collaboration, customers purchasing financial products, such as insurance and banking, will now have the option to offset their estimated carbon emissions during the transaction. This integration not only allows customers to see the specific impact of their choices but also empowers them to neutralise their carbon footprint more effectively. This partnership is an important step in XTCC’s strategy to enhance the inter-relationship between capital markets and the natural world.”

Muhammad Ashfaq-Ur-Rehman, CEO of Finmaal, added “As an ethical and innovative company, Finmaal is excited to partner with XTCC to offer our clients a straightforward way to contribute to global sustainability efforts, linked directly to their financial products and services.  For example, we will be able to estimate a vehicle’s annual carbon emissions over time and give purchasers the option to offset these at the point of sale. This is more than just ticking a box; it’s about offering tailored, actionable steps toward carbon neutrality, integrated into the financial services they already use.”

By leveraging Finmaal’s advanced technology and customer engagement strategies, this collaboration will ensure that users are both informed and equipped to take advantage of the carbon offset opportunities available. Both companies are committed to promoting sustainability in financial services, recognizing that integrating carbon offsetting into everyday financial activities is a crucial step toward global environmental responsibility.

-ENDS-

Contact

XTCC

Tina Kane
The Realization Group
tina.kane@therealizationgroup.com

Seth Elliott, CEO

seth@xtcc.investments

Finmaal 

info@finmaal.com

About XTCC 
The asset class for the net zero world XTCC is the world’s first stock market quoted investment ecosystem for high-integrity carbon credits sourced from verified, audited projects including renewable energy, nature-based solutions and blue carbon.

Investment is essential to bridge the multi-trillion-dollar gap in climate finance. XTCC has created financial instruments that, for the first time, establish fair market value as a reference for high-integrity carbon credits and provide capital markets with an ecosystem of financial instruments that enables liquidity to flow to the communities where it is most needed.

About Finmaal

Established in 2018 in Dubai, Finmaal is a leading fintech marketplace that combines cutting-edge technology with a deep focus and strong emphasis on financial literacy. Our mission is to empower individuals and businesses with the tools and knowledge they need to thrive in the ever-evolving financial landscape.

Finmaal leverages modern technology and embraces the latest trends to stay ahead of the curve. By harnessing the power of data, artificial intelligence, and automation, we drive innovation, streamline processes, and provide actionable insights that fuel informed decision-making.

With over 200,000 customers and in partnership with renowned insurance companies, Finmaal has established itself as a trusted name in the industry. Our wide range of offerings, including data science, market intelligence, intelligent automation and product design and development, are reshaping the way people interact with the world of finance. Our integrated platform provides seamless access to comprehensive solutions that cater to the diverse needs of our clients.

Find out more here.

Tina Kane

The Realization Group

tina.kane@therealizationgroup.com

Seth Elliott, CEO seth@xtcc.investments

GlobeNewswire Distribution ID 1000990034