Break-Through Ultra-Precision Machining Platform Enables Realization of Next Generation AR/VR/MR, Camera Module, and Electric Vehicle Optical Designs

This highly anticipated 250UPL MP ultra-precision machining platform release from Moore Nanotechnology Systems addresses the growing need for flawless machining of lens-mold tooling for the booming demand in AR/VR/MR, smart-phone cameras, and electric vehicle markets. This solution delivers previously unimaginable sub-nanometer surface finish results with near-perfect form.

SWANZEY, N.H., Jan. 24, 2022 (GLOBE NEWSWIRE) — Moore Nanotechnology Systems (“Nanotech”), a leading global supplier of ultra-precision machining systems, announced today the release of their next generation ultra-precision machining platform, the 250UPL MP. This solution is configurable for all sub-nanometer, ultra-precision Single Point Diamond Turning (SPDT), grinding and milling applications.

Optical mold-tool makers demand higher-quality surface finishes to support the fidelity of optical systems now common in smart phone, AR/VR/MR and automotive applications. The current generation of ultra-precision machines in use today have reached their maximum potential. A clean-sheet design was required to break through to the next level of performance, and Nanotech’s 250UPL MP meets and exceeds these requirements.

Mark Boomgarden, Nanotech’s President and CEO, explained, “We work with the leading camera-module and optical-component suppliers around the world to gain mid and long-term insight to their product and technology requirements, which is then used as input to our own multi-year development roadmap.” Boomgarden continued, “It became clear that the industry needs a machine-tool platform that can extend the boundaries of ultra-precision machining capabilities, and they need it now. Building upon years of success in this segment, our technical staff stepped up to the challenge and delivered Nanotech’s 250UPL MP. This is one of many new product innovations you will see from Nanotech over the next 12-18 months.”

Paul Vermette, Nanotech’s Vice President of Engineering and new product development, added, “Success in this market comes down to delivering a solution grounded in sound process knowledge. Our investment in a process development center, very near the University of North Carolina at Charlotte’s campus, has been an invaluable component in our product and technology development.” Vermette continued, “When we come to market with a new machine like the 250UPL MP, we know that we’re delivering more than a machine, we’re delivering a solution that solves real-world, complex challenges the optical tool-making industry faces daily.”

Scott Gerhart, Nanotech’s Vice President of Sales, commented further, “Over the last 6-months, we’ve been shipping the 250UPL MP to select market-leading companies around the world, and the feedback has been overwhelmingly positive. Simply stated, no other machine available today can achieve the surface finish and form accuracy demanded by the optical designs these companies are launching over the next 36 months.” Gerhart continued, “We’re excited to share the future of ultra-precision machining with all companies when we formally launch the 250UPL MP platform at Photonics West – January 25, 2022.”

For more information, contact sales@nanotechsys.com.

Moore Nanotechnology Systems (Nanotech) was founded in Keene, NH in 1997 as a stand-alone subsidiary of the Moore Tool Company. Nanotech is a world leader in the design, development and manufacture of state-of-the-art ultra-precision machine tools and associated processes (single point diamond turning, micro-milling, micro-grinding and glass press molding) for the production of advanced optical components in consumer electronics, space, defense, aerospace, lighting, medical and automotive sectors. Moore Tool, founded in 1924 and located in Bridgeport, Connecticut, has a long history in the precision and ultra-precision machine tool markets. Today, Moore Tool provides a complete line of high-performance CNC jig grinders, along with contract precision-manufacturing services certified to both ISO 9001:2015 and AS9100D. Moore Nanotechnology and Moore Tool are vertically integrated under the PMT Group.

Moore Nanotechnology Systems: www.nanotechsys.com
Moore Tool, Inc: www.mooretool.com

‫گھریلو آلات کے برانڈ چِک (CHiQ) کو جی ٹی بی ایوارڈز کی تقریب میں ٹاپ 10 کنزیومر الیکٹرانکس برانڈ کے طور پر تسلیم کر لیا گیا

لاس ویگاس، 24جنوری 2022 /پی آر نیوز وائر/ — 2021-2022 گلوبل ٹاپ برانڈز (جی ٹی بی) ایوارڈز کی تقریب میں 5 سے 7 جنوری تک لاس ویگاس، سی ای ایس 2022 میں منعقد ہوئی، گھریلو آلات کے اعلیٰ درجے کے برانڈ چِک کو 2021-2022 کے لئے ٹاپ 10 کنزیومر الیکٹرانکس برانڈز میں سے نامزد کیا گیا ہے جبکہ اس کی پروڈکٹ کیو 8 آر میکس – چِک میٹا ورس سیریز نے اے آئی او ٹی اور ڈسپلے ٹیکنالوجی کے لئے گولڈ انوویشن ایوارڈ حاصل کیا ہے۔

2021-2022گلوبل ٹاپ برانڈز چِک کو ٹاپ 10 سی ای برانڈز ایوارڈ دیا گیا

جی ٹی بی کی سالانہ فہرست کو بین الاقوامی کنزیومر الیکٹرانکس سیکٹر میں سب سے بڑے اعزاز کے طور پر تسلیم کیا جاتا ہے۔ اس سال کی جی ٹی بی ایوارڈز تقریب تھیم “ٹیکنالوجی برانڈز کی متنوع ترقی میں تعاون کرتی ہے”کو دنیا بھر میں اس شعبے کے برانڈز کو ٹیکنالوجی میں مسلسل جدت کے ذریعے اپنی بنیادی مسابقت بڑھانے میں مدد دے کر کنزیومر الیکٹرانکس سیکٹر کی ڈیجیٹل تبدیلی کو فروغ دینے کے لئے ڈیزائن کیا گیا تھا۔ جیتنے والوں کا انتخاب گلوبل تھرڈ پارٹی اداروں، سینئر پیشہ ور افراد کی جیوری اور معروف مین اسٹریم ذرائع ابلاغ کی جانب سے چھ ماہ کی جامع تشخیص کے بعد کیا گیا تھا۔

چِک کی جانب سے یہ اعزاز حاصل کرنے سے ایک بار پھر نئی ڈیجیٹل ٹیکنالوجیز، مصنوعات اور ایپلی کیشنز میں چینی ہوم گراؤنڈ برانڈز کی بھرپور اہلیت کا مظاہرہ ہوا جو انہیں عالمی کنزیومر الیکٹرانکس سیکٹر میں قائدانہ کردار حاصل کرنے میں مدد دیتی ہیں۔

گلوبل ٹاپ برانڈ چِک کو اے آئی او ٹی اور ڈسپلے ٹیکنالوجی کیو 8 آر میکس -چانگ ہونگ چِک میٹاورس سیریز کے لئے ٹاپ 10 گولڈ انوویشن ایوارڈ سے نوازا گیا

چِک میٹاورس کیو 8 آر میکس کے گولڈ انوویشن ایوارڈ حاصل کرنے سے کنزیومر الیکٹرانکس میں برانڈ کی تازہ ترین ایجاد کی نمائش بھی ہوئی۔ 5جی دور کی آمد کے ساتھ، یہ گھریلو آلات بنانے والوں کو ایسی مصنوعات تیار کرنے کے لئے پابند بناتا ہے جو مصنوعی ذہانت کی چیزوں (اے آئی او ٹی) اور الٹرا ہائی ڈیفینیشن ڈسپلے کے ساتھ مزید مربوط ہوتی ہیں، کیونکہ گھریلو منظر نامے زیادہ متنوع اور ذہین ہو جاتے ہیں۔ایک بڑھتا ہوا رجحان جس کے نتیجے میں صارفین الیکٹرانکس برانڈز کی بڑھتی ہوئی تعداد روایتی تنہا رہنے کے موڈ سے انٹرایکٹو موڈ میں اپ گریڈ ہو رہی ہے۔

فائیو جی ٹیکنالوجی، مصنوعی ذہانت (اے آئی) اور انٹرنیٹ آف تھنگز (آئی او ٹی) کے امتزاج کے نتیجے میں پیدا ہونے والے تجربات صارفین کو زندگی کو ان طریقوں سے لطف اندوز ہونے کا موقع دے رہے ہیں جن کا ایک دہائی قبل تصور بھی نہیں کیا جا سکتا تھا۔ مزید برآں، 5جی، اے آئی او ٹی اور 8کے بڑی اسکرینوں کا انضمام جاری صنعتی تبدیلی کو آسان بنانے کے ساتھ ساتھ ٹی وی ایکو سسٹم میں نئی جان ڈال رہا ہے، ایک ایسا مقصد چِک جس کی جانب کام جاری رکھے ہوئے ہے۔

Household Appliance Brand CHiQ Recognized as A Top 10 Consumer Electronics Brand at GTB Awards Ceremony

LAS VEGAS, Jan. 24, 2022 /PRNewswire/ — At the 2021-2022 Global Top Brands (GTB) Awards Ceremony held at CES 2022 in Las Vegas from January 5 to 7, CHiQ, a high-end household appliance brand, has been named as one of the Top 10 Consumer Electronics Brands for 2021-2022 while its product, the Q8R MaX – CHiQ Metaverse Series took home the Gold Innovation Award for AIoT & Display Technology.

2021-2022 Global Top Brands CHiQ Awarded Top 10 CE Brands

The annual GTB list is recognized as the highest honor in the international consumer electronics sector. This year’s GTB Awards Ceremony themed “Technology contributes to the diversified development of brands” was designed to promote the digital transformation of the consumer electronics sector by helping the sector’s brands worldwide enhance their core competitiveness through continuous innovation in technology. Winners were selected following six months of comprehensive evaluations by global authoritative third-party institutions, a jury of senior professionals, and well-known mainstream media outlets.

CHiQ’s receiving of the honor once again demonstrated the robust competence of Chinese homegrown brands in new digital technologies, products, and applications that help them earn a leadership role in the global consumer electronics sector.

Global Top Brand CHiQ Awarded the Top 10 Gold Innovation Award for AIot & Display Technology Q8R MaX -Changhong CHiQ Metaverse Series

CHiQ Metaverse Q8R MaX’s garnering of the Gold Innovation Award also showcased the brand’s latest innovation in consumer electronics. With the arrival of the 5G era, it behooves household appliance makers to develop products that further integrate with the Artificial Intelligence of Things (AIoT) and ultra-high-definition displays, as household scenarios become more diverse and intelligent. There is a growing trend whereby an increasing number of consumer electronics brands are upgrading from a traditional stand-alone mode to an interactive one.

The experiences created as a result of the combination of 5G technology, artificial intelligence (AI), and the Internet of Things (IoT) are allowing consumers to enjoy life in ways that were unimaginable to most just a mere decade ago. Furthermore, the integration of 5G, AIoT, and 8K large screens inject new vitality into the TV ecosystem while facilitating the ongoing industrial transformation, a goal that CHiQ continues to work towards.

Progress Report of Globe Textile Mills (OE) Limited

Karachi, Globe Textile Mills (OE) Limited informed Pakistan Stock Exchange that the company has been actively following up with Securities and Exchanges Commission of Pakistan for withdrawal of the winding up petition. Withdrawal of the winding up petition is essential for us to finalize discussions with potential investors/ joint venture partners for the revival of the company.

The Company was incorporated on December 29, 1980 as a public limited company. The principal activity of the Company is manufacturing and selling of yarn. The total numbers of shares are 4,660,000. The Earnings per share is (7.16) in 2016 which was (2.64) in 2015. The Company had a loss of Rs. (33,362,000) in 2016 which was (12,325,000) in 2015.

Corporate Briefing Session of Grays Leasing Limited

Karachi, Grays Leasing Limited informed Pakistan Stock Exchange that the corporate briefing session of the company will be held on January 31, 2021 through video link, for the year ended June 30, 2021 and September 30, 2021.

Grays Leasing Limited is a public limited Company incorporated in Pakistan. The Company is engaged in leasing business. It has been classified as a Non-Banking Finance Company (NBFC). The total numbers of share are 21,500,000. The Earnings per share is (0.18) in 2020. The Company had a loss of Rs. 3,871,000 in 2020 which was 1,194,000 in 2019.

New Name of Funds for Al Habib Asset Management Limited

Karachi, Al Habib Asset Management Limited informed Pakistan Stock that the name of the funds have been changed from First Habib Stock Fund (FHSF) to Al Habib Stock Fund (AHSF) and First Habib Islamic Stock Fund (FHISF) to Al Habib Islamic Stock Fund (AHISF).

Habib Asset Management Limited, an associated company of Bank AL Habib Limited was incorporated on September 30, 2005 as a Public Limited Company. The main objective of the company is to float open-end mutual funds for different class of investors. Habib Asset Management is presently managing First Habib Income Fund (FHIF), First Habib Stock Fund (FHSF), First Habib Cash Fund (FHCF) and First Habib Islamic Balanced Fund (FHIBF).

Appointment of Chief Financial Officer of Fauji Foods Limited

Karachi, Fauji Foods Limited informed Pakistan Stock Exchange that Mr. Faisal Yaseen has been appointed as Chief Financial Officer of the company with effect from December 10, 2021 in place of Mr. Ebad Khalid.

Fauji Foods Limited was incorporated in Pakistan on 26 September 1966 as a Public Company. The company is the subsidiary of Fauji Fertilizer bin Qasim Limited. It is principally engaged in processing and sale of toned milk, milk powder, fruit juices, allied dairy and food products.

The total numbers of shares are 803,293,563. The Earnings per share is (4.62) in 2020 which was (10.74) in 2019. The Company had a loss of Rs. 3,058,112,000 in 2020 which was 5,788,937,000 in 2019.

Transmission of Quarterly Report for the Period Ended March 31, 2021 of Hascol Petroleum Limited

Karachi, Hascol Petroleum Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended March 31, 2021 have been transmitted through PUCARS and is also available on Company’s website.

Hascol Petroleum Limited was incorporated in Pakistan as a private limited company on March 28, 2001. On September 12, 2007 the Company was converted into a public unlisted company. The Company is engaged in the business of procurement, storage and marketing of petroleum, chemicals, LPG and related products.

The Company obtained oil marketing license from Ministry of Petroleum and Natural Resources in the year 2005 and acquired assets of LPG licensed company in the year 2018.

The total numbers of shares are 999,120,680. The Earnings per share is (129.94) in 2019 which was (1.08) in 2018. The Company had a loss of Rs. 25,873,829,000 which was 214,978,000.

Annual General Meeting of Mehran Sugar Mills Limited

Karachi, Mehran Sugar Mills Limited informed Pakistan Stock Exchange that the Annual General Meeting will now be conducted through video link on January 28, 2022.

Mehran Sugar Mills Limited was incorporated in Pakistan as a public limited company in December 1965. The Company is principally engaged in the manufacturing and sale of sugar and its by-products.

Mehran Sugar Mills Limited is engaged in manufacturing and marketing of white refined cane sugar and brown sugar while utilizing its by-products such as Molasses and Baggasse to produce ethanol and power respectively.

The total numbers of shares are 48,927,572. The Earnings per share is 1.01 in 2020 which was 8.67 in 2019. The Profit after Taxation is 47,027,000 in 2020 which was 403,834,000 in 2019.

Extraordinary General Meeting of Samin Textiles Limited

Karachi, Samin Textiles Limited informed Pakistan Stock Exchange that the Extraordinary General Meeting of the company shall be held on February 15, 2022 at Lahore.

Samin Textiles Limited is a public limited company belonging to a leading industrial group based in Pakistan is offering a wide range of textile products. Samin Textiles Limited was incorporated in Pakistan on November 27, 1989 as a public limited company. The principal business of the Company is trading, import and export of textile products.

The total numbers of shares are 26,728,000. The Earnings per share is (0.07) in 2020 which was 3.41 in 20219. The Profit After Taxation in 2020 is (1,903,000) which was 91,152,000 in 2019.

Election of Directors of Chenab Limited

Karachi, Chenab Limited informed Pakistan Stock Exchange that the ten members have been elected as directors of the company in their Annual General Meeting to be held on January 28, 2022.

Chenab Limited is a Public Limited Company incorporated in Pakistan. The primary activities of the Company is export all kinds of values added fabrics, textile made ups, casual and fashion garments duly processed. The cloth processing unit, stitching units, weaving units, and spinning units.

Chenab Limited has set up a 12.6 MW natural gas based power generation facility, with heat exchanger and waste heat steam boilers for its operations.

The number of shares the company has introduced are 115,000,000. The Earnings per share is (3.39) in 2016 which was (4.17) in 2015. The Company has a loss of 389,704,000 in 2016 which was 479,385,000 in 2015.

Extraordinary General Meeting of Waves Singer Pakistan Limited

Karachi, Waves Singer Pakistan Limited informed Pakistan Stock Exchange that the meeting of the shareholders of the company shall be held February 15, 2022 at Lahore, to transact to confirm the minutes of the Annual General Meeting held on April 23, 2021.

Waves Singer Pakistan Limited has become a merged company with the acquisition of Cool Industries (Pvt) Limited by Singer Pakistan during 2017. After the approval of the Scheme of Merger by Sindh High Court, the combined company has acquired the name of Waves Singer Pakistan Limited.

Singer established its presence in the Indian sub-continent during 1877. Over the years, and after the independence of Pakistan, Singer continued its business of sewing machines in the country, but also started dealing in domestic consumer appliances, besides manufacturing and assembling light engineering products. In 1985, the Company became a public listed company.

The total numbers of shares are 281,406,088. The Earnings per share is 0.59 in 2020 which was 1.39 in 2019. The profit after taxation is 109,837,000 in 2020 which was 260,085,000 in 2019.