Getinge Selects Anaqua to Provide Single, Centralized IP Management Platform

Global medical technology company will use Anaqua’s AQX to help consolidate and coordinate the management of all its IP assets

BOSTON, June 06, 2023 (GLOBE NEWSWIRE) — Anaqua, the leading innovation and intellectual property (IP) management technology provider, today announced that global medical technology company Getinge has selected Anaqua’s AQX in order to consolidate the management of all its IP assets onto a single, centralized platform.

Founded in Sweden in 1904, Getinge provides hospitals and life science institutions in 133 countries with products and solutions that aim to improve clinical results and optimize workflows.

Anna Maria Lagerqvist Gahm, Head of IP & Digital Law at Getinge, said: “With our extensive range of products and solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing, life science and digital healthcare solutions and our strong international presence with operations in more than 40 countries worldwide, it was important to be able to improve the efficiency and coordination of our IP management by consolidating onto a centralized platform. AQX enables us to do that, while also providing highly integrated functionality in key areas such as analytics and invention management.”

Bob Romeo, CEO of Anaqua, said: “Getinge focuses on helping its customers save lives through the products and solutions it develops, and on achieving its goal of becoming the world’s most trusted and respected medtech company. We are delighted to be supporting Getinge on that journey by helping manage and protect the company’s valuable IP assets. Anaqua continues to invest in offerings to meet and exceed the ever-evolving demands of the world’s most innovative life science companies.”

About Getinge

With a firm belief that every person and community should have access to the best possible care, Getinge provides hospitals and life science institutions with products and solutions that aim to improve clinical results and optimize workflows. The offering includes products and solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing and life science. Getinge employs over 11,000 people worldwide and the products are sold in 133 countries.

About Anaqua

Anaqua, Inc. is a premier provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX and PATTSY WAVE, both offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, and Asia. For additional information, please visit anaqua.com, or on LinkedIn.

Company Contact:
Amanda Glagolev
Director, Communications
Anaqua
617-375-5808
aglagolev@anaqua.com

GlobeNewswire Distribution ID 8852728

Ai-Media to Launch AI-Powered Automatic Captioning Solution to Asian Market at BroadcastAsia

Ai-Media at BroadcastAsia 2023 in Singapore

Ai-Media at BroadcastAsia 2023 in Singapore, June 7-9

SYDNEY, Australia, June 06, 2023 (GLOBE NEWSWIRE) — Ai-Media, the leader in technology-driven live captioning, transcription, and translation solutions, is excited to announce its presence at BroadcastAsia in Singapore, where it will unveil its ground-breaking LEXI 3.0 automatic captioning solution to the Asian market.

Previously launched to the North American market at NAB Show 2023, LEXI 3.0 is the new and improved version of Ai-Media’s flagship automatic captioning solution. Powered by AI, LEXI 3.0 is the world’s most accurate and advanced automatic captioning solution, delivering results that rival human captions at a fraction of the cost.

During the BroadcastAsia, Ai-Media will also showcase its comprehensive range of captioning technology that boasts seamless integration with LEXI 3.0. Among the featured products is the new LEXI Viewer, an innovative HD-SDI device that empowers event organizers to effortlessly enhance accessibility by streaming captions to in-venue displays.

Additionally, Ai-Media will highlight its range of captioning encoders that ensure high quality distribution of audio and video via its iCap Cloud Network, the world’s largest, most secure caption delivery network. This includes iCap Alta, the broadcast industry’s leading IP encoder that provides efficient virtualized workflows for MPEG-TS and SMPTE-2110. Ai-Media will also showcase iCap Encode Pro, the HD-SDI encoder trusted by major TV networks worldwide that offers low operational cost & low-latency display.

BroadcastAsia will take place from 7 to 9 June at the Singapore EXPO in Singapore. Attendees can meet the Ai-Media team and discover its range of end-to-end broadcast captioning solutions at booth 6C3-08 in Hall 6.

Ai-Media’s Chief Sales Officer, James Ward said:

We are excited to launch LEXI 3.0 to the APAC market. AI-powered technologies are creating operational efficiencies and cost savings across countless industries and with Lexi 3.0 it is no different. LEXI 3.0 consistently delivers over 98% accuracy, meets all global regulatory requirements, enables customers to increase their reach and has cost savings of around 80% versus human captioning. We’re also able to leverage our decades of broadcast experience to ensure our captioning solutions are interoperable across different workflows, video standards and regions.

About Ai-Media

Founded in Australia in 2003, technology company Ai-Media is a global leader in the provision of high-quality live and recorded captioning, transcription, and translation solutions. The company helps the world’s leading broadcasters, enterprises and government agencies ensure high accuracy, secure and cost-effective captioning via its AI-powered LEXI automatic captioning solution. LEXI captions are delivered to millions of screens worldwide via Ai-Media’s range of captioning encoders and its iCap Cloud Network – the world’s largest, most secure caption delivery network. Globally, Ai-Media delivers 8 million minutes of live and recorded media monthly. Ai-Media trades on the Australian Stock Exchange (AIM). For more information, please visit Ai-Media.tv.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6e38de26-79b3-4f7f-b87b-cbf1939dc24a

Media Contact:
Fiona Habben
Senior Marketing Manager – Global
Fiona.habben@ai-media.tv

GlobeNewswire Distribution ID 8852879

UPDATE — VERSES, DENTONS US and SWF, Announce Collaboration on Landmark Industry Report “A Path to Global AI Governance”

Figure 1

The Road to Autonomy – Executive Summary

VANCOUVER, British Columbia, June 05, 2023 (GLOBE NEWSWIRE) — VERSES AI Inc. (CBOE CANADA:VERS) (OTCQX:VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in the next generation of artificial intelligence (“AI”), announces the release in June 2023 of an AI industry report titled “THE ROAD TO AUTONOMY: A Path To Global AI Governance”.

The report combines the legislative expertise from Dentons, the world’s largest multinational law firm, and the AI acumen of VERSES with the guidance on technical standards from the Spatial Web Foundation to provide an in-depth analysis of the legal and key legislative trends from across the world on the state of AI regulation and recommendations for a path forward for government regulation of AI.

The report aspires to pioneer a fresh approach for legal practitioners, government regulators, and lawmakers, to keep pace with the rapid technological advancements and to guide their adaptation. The critical aspect of the report is to promote the adoption of standards for what VERSES considers “law as code.” The objective is to encode laws and legal principles into an understandable, machine-readable language that will facilitate the comprehension and autonomous compliance of AI systems with legal frameworks and social norms.

The report analyzes the unprecedented challenges presented by the emergence of AI and autonomous software, devices, and vehicles addressing fundamental questions like, “How can governments regulate AI systems that are on a path to regulating themselves? How can humans stay in the loop to ensure AI alignment with human values, principles, and laws, while guaranteeing fair and equitable services for all individuals and communities? And, how do we encode and enforce AI laws directly in AI systems themselves?

The report critically examines the transformative power of rapidly evolving technologies such as AI systems and their impending impact on legal, regulatory, and government sectors and accentuates the crucial need for developing and adopting standards that foster the understanding, governance, and interoperability of AI and autonomous systems. The report underscores the role of these technical standards in shaping dynamic and effective laws to regulate, oversee, and contemporize AI activities.

The goal of the report is to provide governments, regulators, and legislators with a pragmatic framework that not only informs but also provides a roadmap for policymaking, legislation, and compliance efforts in the field of AI. This is relevant to the flourishing autonomous vehicle industry, while also serving as a fundamental guide for all future AI-driven systems. Emphasizing the urgency of a globally unified, forward-thinking approach to AI governance, the report signals the vital need for standards development and deployment as the world navigates the pathway to Autonomous Intelligent Systems (“AIS”).

Significantly, the report points to the instrumental role of sociotechnical standards, as demonstrated by the work of the Institute of Electrical And Electronics Engineers IEEE P2874 Working Group. This initiative from the world’s largest association of technical professionals, underscores the importance of aligning AIS with human values and reducing the risk of harmful behavior.

The report also highlights the European Commission’s Flying Forward 2020 (“FF2020”) project for successfully implementing these standards. Led by VERSES and running on its KOSM platform, the FF2020 project featured autonomous AI-powered drones executing various tasks, such as medical supply delivery, building security inspection, and large crowd monitoring, all while adhering to local laws. The project exemplifies how the seamless integration of standards for AI with Urban Air Mobility and current legal and regulatory frameworks could improve the implementation of AI-powered services at city scale and beyond.

The report envisions the application of these standards to a host of sectors, including healthcare, education, finance, supply chain and more, paving the way for a smarter world with AI seamlessly operating behind the scenes.

AI is advancing at an unprecedented pace, raising concerns about the direction of its future trajectory. As AI evolves towards autonomous systems, the need for regulation becomes critical. We must address the challenge of regulating self-regulating AI to ensure alignment with human values and prevent potential risks. By implementing global technical standards and establishing an international AI regulatory framework, we can harness the immense benefits of AI while safeguarding against its potential perils,” stated VERSES CEO, Gabriel René.

We are thrilled to collaborate with VERSES on this report, as the challenge of regulating AI raises complex and often novel questions of law for our clients and regulators. We hope this report provides a new way of thinking about AI regulation, and provides important insights to key stakeholders who are wrestling with new AI regulatory frameworks and are trying to strike an appropriate balance between innovation and moderation,” said Peter Stockburger, Partner at Dentons US LLP.

In summary, the report calls for a safe, effective, and inclusive journey down the “Road to Autonomy,” ensuring that future AI systems are not just technically advanced but also aligned with the best interests of humanity, both now and in the future. With AI influencing every sector, this insightful report offers pragmatic recommendations for a more secure, innovative, and integrated AI-driven future. The full report will be available on the VERSES, DENTONS, and Spatialweb.org websites in June 2023, with the executive summary already available for preview.

The Road to Autonomy - Executive Summary

About VERSES

VERSES is a cognitive computing company specializing in next-generation AI. Modeled after natural systems and the design principles of the human brain and the human experience, VERSES flagship offering, GIA™, is an Intelligent Assistant for everyone powered by KOSMOS™, a network operating system enabling distributed intelligence.  Built on open standards, KOSM transforms disparate data into knowledge models that foster trustworthy collaboration between humans, machines, and AI, across digital and physical domains. Imagine a smarter world that elevates human potential through innovations inspired by nature. Learn more at VERSESLinkedIn, and Twitter.

About Dentons 
Dentons is designed to be different. As the world’s largest global law firm with 21,000 professionals in over 200 locations in more than 80 countries, Denton’s can help you grow, protect, operate and finance your business. Denton’s polycentric and purpose-driven approach, together with their commitment to inclusion, diversity, equity and ESG, ensures they challenge the status quo to stay focused on what matters most to you. www.dentons.com

About the Spatial Web Foundation 
The Spatial Web Foundation is a non-profit organization dedicated to the development and ethical use of technology, specifically in the creation and implementation of the Spatial Web protocol. The foundation’s core initiatives include developing open standards and protocols, promoting interoperability, and educating the public and policymakers. The foundation supports transparency and accountability in the development and use of technology, promotes responsible innovation, engages in dialogue and collaboration with various stakeholders, and adopts a proactive approach to addressing emerging ethical challenges. Ultimately, the Spatial Web Foundation seeks to create a more inclusive, accessible, and equitable internet that empowers individuals and communities to connect, create, and thrive.

On Behalf of the Company 

Gabriel René
VERSES Technologies Inc.
Co-Founder & CEO
press@verses.io

Media and Investor Relations Inquiries 

Leo Karabelas
Focus Communications
President
info@fcir.ca
416-543-3120

The NEO has not reviewed or approved this press release for the adequacy or accuracy of its contents.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/1df22be2-a8db-4ce3-8217-05fbc905429f

GlobeNewswire Distribution ID 8852483

AEL Textiles Limited Calls Board Meeting to Discuss AEL BOOM Amid Closed Period

Karachi, AEL Textiles Limited has scheduled a crucial board meeting on 2023.06.07 in Lahore to deliberate upon the AEL BOOM, as announced by the company. The meeting comes during the "Closed Period" which began on 2023-06-06 and will conclude on 2023-06-07, during which directors, the CEO, and executives are prohibited from engaging in any form of share dealings related to the company.

Kohinoor Mills Limited to Discuss Budgetary Impact and Entitlement Declaration in Board Meeting

Karachi, In an upcoming board meeting, scheduled for June 12, 2023, Kohinoor Mills Limited's directors will gather at Manga Raiwind to deliberate on the budgetary implications for the company's business. Additionally, they will discuss the possibility of declaring entitlements for the stakeholders.

As a result of this important meeting, Kohinoor Mills Limited has officially announced a "Closed Period" from June 6, 2023, to June 12, 2023. During this period, directors, CEOs, and executives are strictly prohibited from engaging in any direct or indirect transactions involving the company's shares.

This closed period ensures that all individuals directly associated with the company refrain from trading shares, thereby promoting fairness and preventing any potential conflicts of interest.

Agha Steel Industries to Hold Extraordinary General Meeting to Approve Increase in Authorized Share Capital

Karachi, Agha Steel Industries Limited has announced that it will be convening an Extraordinary General Meeting (EOGM) on June 23, 2023, in Karachi. The purpose of the meeting is to seek approval from the shareholders for certain resolutions, including the increase in the authorized share capital of the company.

The first resolution to be considered at the EOGM is the proposal to increase the authorized share capital from Rs. 6,250 million to Rs. 7,250 million. This increase will be achieved by creating 100 million new shares of Rs. 10 each, specifically for the issuance of a separate class of shares known as preference shares. These preference shares will have differential rights and privileges.

The second resolution pertains to the amendments of the memorandum and articles of association of the company. The approval of the shareholders is sought to specify and alter the nature, rights, and privileges of the preference shares. The resolution also authorizes the issuance of up to 100,000,000 preference shares with differential rights and privileges to existing sponsors and certain strategic shareholders. These shares will have a face value of PKR 10 each, and the total value of the issuance is estimated to be PKR 1,000,000,000.

Additionally, the company is authorized to obtain an advance against the issuance from the existing sponsors and strategic shareholders who have expressed their intention to subscribe to the preference shares. The resolution empowers the company to take all necessary actions, including filing applications for regulatory approvals, to facilitate the issuance of the preference shares.

Furthermore, the shareholders will also consider the increase in the authorized share capital from Rs. 6, 2501 million to Rs. 10, 2501 million. This increase will be accomplished by creating 400 million new ordinary shares of Rs. 10 each, including the 100 million shares previously approved under special business number 1.

The EOGM will provide an opportunity for shareholders to discuss and transact any other business with the permission of the chair. To facilitate the meeting and ensure accurate records, the share transfer books of the company will remain closed from June 16, 2023, to June 23, 2023, inclusive.

Nishat Mills Limited Board Meeting to Address Budgetary Impact and Potential Entitlement Declaration

Karachi, In an upcoming meeting of the Board of Directors of Nishat Mills Limited, scheduled for June 12th in Lahore, the company will delve into the budgetary impact on its business and deliberate on the possibility of declaring an entitlement.

As part of this process, the company has instituted a "Closed Period" from June 6th to June 12th, during which time no Director, CEO, or Executive will be permitted to engage in any form of share trading within the company.

This critical board meeting is expected to assess the financial standing of Nishat Mills Limited, examining how budgetary factors may influence the company's operations and overall performance. Additionally, the board will contemplate the declaration of an entitlement, which could provide benefits or entitlements to stakeholders or shareholders.

The meeting will gather key decision-makers and executives who will scrutinize the financial data and discuss potential strategies to ensure the continued growth and stability of Nishat Mills Limited. As a leading textile manufacturer, the outcome of this meeting will likely have a substantial impact on the company's future direction and on stakeholders and investors alike.

Gharibwal Cement Limited to Hold Board Meeting on June 12, Expected to Discuss Budgetary Impact and Entitlement Declaration

Karachi, Gharibwal Cement Limited has announced that a crucial meeting of the Board of Directors will take place on June 12, 2023, in Lahore. The meeting's primary agenda includes assessing the budgetary implications on the company and deliberating on the potential declaration of entitlement, if any.

To ensure transparency and fairness, the company has also declared a "Closed Period" from June 6 to June 12, 2023. During this period, it is strictly prohibited for any Director, CEO, or Executive of Gharibwal Cement Limited to engage in any form of share dealings, whether directly or indirectly.

This board meeting holds immense importance as it will provide stakeholders with valuable insights into the company's financial health and future prospects. The discussions regarding the budgetary impact will shed light on the potential changes and adjustments that may need to be implemented to ensure continued growth and success for Gharibwal Cement Limited.

Habib Rice Products Ltd. Shareholders Approve Resolutions at Extraordinary General Meeting

Karachi, In an Extraordinary General Meeting held on June 1st, 2023, the shareholders of Mis. Habib Rice Products Ltd. gathered at Karachi to discuss important matters regarding the company's operations. The meeting resulted in the passing of several resolutions that will shape the future direction of the organization.

Firstly, the shareholders unanimously resolved to approve, adopt, and confirm the minutes of the Annual General Meeting held on October 26, 2022. This decision solidifies the official record of the previous meeting and affirms its accuracy.

Secondly, the shareholders elected a new board of directors to lead the company for a period of three years, starting from June 6, 2023. The following members, who had filed their consent, were chosen as directors: Mr. Gaffar A. Habib, Mr. Owais G. Habib, Dr. Howard J. Synenberg, Mr. Tufail Y. Habib, Ms. Fatemah G. Habib, Dr. Salma Habib, Mr. Asad R. Premjec, and Mr. Adil Ahmed Chapra. Their election was unopposed, and they received unanimous support from the shareholders.

With these resolutions in place, Mis. Habib Rice Products Ltd. looks forward to a promising future under the leadership of the newly elected directors. The company aims to continue its commitment to excellence in the rice industry and serve its shareholders, employees, and customers with dedication and innovation.

Dar es Salaam Textile Mills Calls Extraordinary General Meeting to Approve Change in Principal Line of Business

Karachi, Dar es Salaam Textile Mills Limited has announced an Extraordinary General Meeting scheduled for June 27, 2023, in Lahore. The purpose of the meeting is to discuss and approve a proposed change in the principal line of business outlined in the company's Memorandum of Association and Articles of Association.

The meeting will focus on passing special resolutions, with or without modifications, additions, or deletions as per the provisions of the Companies Act, 2017. Members of the company will have the opportunity to provide their consent for the alteration of Clause III and its sub-clauses numbered from 1 to 57 in the Memorandum of Association.

The proposed change aims to allow the company to engage in legally permissible activities such as sales, purchases, imports, exports, and acting as general traders and order suppliers of various products and commodities. Furthermore, the company seeks to enter the food and beverages business, establish joint arrangements, and consider mergers with other businesses that align with the company's objectives and are permitted by law.

This meeting represents a crucial step in the evolution of Dar es Salaam Textile Mills Limited, as it explores new avenues and diversifies its operations. By gaining approval from the members of the company, the proposed changes will pave the way for potential growth and consolidation of the company's business.

The outcome of the Extraordinary General Meeting will determine the future direction and expansion plans of Dar es Salaam Textile Mills Limited, as it strives to adapt to changing market dynamics and seize new opportunities in the business landscape.

Sapphire Textile Mills Limited Announces Election of Directors at Extra Ordinary General Meeting

Karachi, In preparation for the upcoming Extra Ordinary General Meeting (EOGM) of Sapphire Textile Mills Limited, a list of candidates vying for the position of Directors has been released. The shareholders of the company have been notified that the following individuals have filed their intention to contest the Election of Directors at the meeting, scheduled to be held on 15th June 2023.

The candidates who have put forth their names for consideration are:

1. Mr. Mohammad Abdullah

2. Mr. Shahid Abdullah

3. Mr. Nadeem Abdullah

4. Mr. Ameer Abdullah

5. Mr. Yousuf Abdullah

6. Mr. Nabeel Abdullah

7. Mr. Umer Abdullah

8. Mr. Mirza Saleem Baig

9. Mr. Shahid Shafiq

10. Ms. Mashmooma Zehra Majeed

Notably, the number of individuals offering themselves for election does not exceed the number of vacant Director Positions. As a result, it has been determined that all the candidates listed above shall be deemed elected as Directors at the forthcoming EOGM.

The election of Directors is a crucial process that shapes the leadership and direction of the company. Sapphire Textile Mills Limited, known for its high-quality textiles, is likely to witness new faces taking charge of strategic decision-making and governance. The shareholders eagerly await the EOGM to witness the finalization of the new Director lineup and the ensuing impact on the company's operations.

The EOGM, scheduled for 15th June 2023, promises to be a significant event for Sapphire Textile Mills Limited, as the elected Directors will bear the responsibility of leading the company forward in an ever-evolving industry. Shareholders and stakeholders are encouraged to attend the meeting to stay informed about the latest developments and witness the democratic process in action.