Artificial Intelligence
CE Brands Announces Five-Year Brand Strategy
VICTORIA, British Columbia, June 25, 2021 (GLOBE NEWSWIRE) — Following its business combination with eBuyNow, a data-driven consumer-electronics company, CE Brands Inc. (TSXV: CEBI) (“CE Brands”) is pleased to announce its five-year brand strategy, the goal of which is to manufacture 192 licensed product categories within five years and become a leader in manufacturing, brand licensing, and global product distribution.
Powered by extensive consumer research, CE Brands focuses on factory partnerships, iconic brand licenses and agreements with the world’s leading retailers. The business combination with eBuyNow was an essential landmark for the company to become a global leader in licensed brand manufacturing of consumer electronics products. The combined company’s name, “CE Brands”, represents its commitment to its five-year brand strategy.
The business process for creating new products, internally called the ‘CE Method’ is a repeatable process starting with deep analysis of competitors, and consumer requirements using ProductLoop, CE Brands’ proprietary artificial intelligence software. CE Brands analyzes millions of data points per category so it can effectively understand the market pricing, user sentiment and feature analysis of each product category and share this data as a truly vertically integrated business with factories, brands, distributors and retailers.
Over the last two years, eBuyNow, which is now CE Brands’ principal operating subsidiary, has evolved the repeatable method and delivered in line with the “North Star” target of manufacturing 192 categories in five years, which can be defined and measured by three key indicators:
- MANUFACTURING: eBuyNow has product agreements with eight leading manufacturers today and continues to work on expanding into new categories with these partnerships. As new categories are identified through internal data analysis, eBuyNow has a dedicated team identifying and engaging with leading manufacturers to increase overall expansion and manufacturing capabilities.
- BRANDS: Long term agreements have been secured with Eastman Kodak Company and Motorola Mobility LLC to bring iconic brands into the Smart Home and Smart Wearables product categories, respectively. Smart Home and Smart Wearables are two of the fastest-growing consumer product segments that include a wide array of categories. Being armed with highly trustworthy and globally recognized product brands enables strong market share through consumer trust. CE Brands will continue to expand eBuyNow’s iconic brand agreements through new licensing opportunities in fast growth categories.
- DISTRIBUTION: With global sales, marketing, logistics, and support operations managed from 13 subsidiary offices aligned with distribution capability covering the world’s largest markets, CE Brands can immediately launch new products into over 70 countries. CE Brands intends to enter into additional distribution agreements and direct vendor agreements with the world’s largest retailers to increase the monthly revenue per category.
CE Brands plans to disrupt how traditional consumer electronics businesses have operated for the last half-century, leading to increased success with product launches with the features and solutions consumers are demanding, and ultimately higher margins with operational efficiency through vertical integration.
“We use proprietary data to see market opportunities and consumer needs; we then work with iconic brands and the world’s leading factories to expand their product portfolios based on the opportunities and insights the data generates,” says CE Brands’ Chair and Chief Executive Officer, Craig Smith. “CE Brands owns the resulting product and sales. Our aim is to increase our sales reach, expand consumer awareness in the brand license and secure long term manufacturing rights with leading factories. Our target is to make this process highly repeatable to reach our North Star target of manufacturing 192 categories in five years.”
eBuyNow was formed in 2012 originally as a research and development agency for global eCommerce operations servicing exclusively consumer electronics brands. eBuyNow’s agency business evolved from delivering eCommerce solutions to engineering and delivering Internet-Of-Things (IOT) products for brands that lacked data insights or technical resources to create highly complex products in rapidly changing markets. eBuyNow was the execution team behind more than 20 globally recognized successful IoT products.
Two years ago, eBuyNow pivoted the agency business to become a fully vertically integrated global consumer electronics business, and to leverage its experience working with brands and factories, in an innovative business model focused on partnership and repeatability.
CE Brands uses internal software to analyze market sales data to ensure that it only begins production in a new category if it already has the channels to generate an average of over $1,000,000 a month in gross revenues per product category.
CE Brands’ plans related to category expansion are set out more detail in the following table:
| Targets | FY2022 | 2023 | 2024 | 2025 | 2026 |
| Managing demand | Industrializing | Purchasing | Executing | North Star | |
| Factories engaged | 8 | 12 | 24 | 36 | 48 |
| Categories per Factory Average | 1 | 2 | 3 | 4 | 4 |
| Brands Required | 2 | 4 | 12 | 24 | 32 |
| Total Categories Being Sold | 8 | 24 | 72 | 144 | 192 |
“Two years ago, we set out our target to reach 192 product categories by 2026; having technology brands like Motorola, Kodak, Google, Qualcomm, and LifeQ supporting our mission were essential steps to validate our model. We are incredibly proud to be working with world class factories such as Luxshare and Compal and will continue to increase our manufacturing relationships in the coming years with our teams in China, HK, Vietnam, North America and Europe. We have a host of major well-known retailers list our product lines for the first time this year, so the business is well on track to reach our goals. We will continue to strive to focus on manufacturing iconic brand products and increasing distribution partnerships as these are the key drivers of the business.” says Smith.
For more information, please see CE Brands’ corporate presentation at www.cebrands.ca.
About CE Brands
CE Brands (TSXV: CEBI) develops products with leading manufacturers and iconic brand licensors by utilizing proprietary data that identifies key market opportunities. With sales today in over 70 countries, our innovative, highly repeatable process, we call the CE Method, has created an optimal growth path for CE Brands to be the premier global licensed brand manufacturer.
Neither the TSX Venture Exchange nor its regulation services provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities legislation. In general, forward-looking information refers to disclosure about future conditions, courses of action, and events. The use of any of the words “anticipates”, “expects”, “intends”, “will”, “would”, and similar expressions are intended to identify forward-looking information. More particularly and without limitation, this press release contains forward looking information concerning CE Brands’ five-year brand strategy. The forward-looking information is based on certain key expectations and assumptions more particularly described in the prospectus of CE Brands dated June 3, 2021. Although CE Brands believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because CE Brands cannot give any assurance that they will prove to be accurate. By its nature, forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed in this press release. These risks and uncertainties are more particularly described in the prospectus of CE Brands dated June 3, 2021. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date of this press release, and to not use such forward-looking information for anything other than its intended purpose. CE Brands undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities legislation.
Further Information
For further information about CE Brands or its principal operating subsidiary, eBuyNow, please contact:
Kalvie Legat
Chief Financial Officer
778-771-0901
[email protected]
Artificial Intelligence
Doosan Robotics Unveils Max-Powered ‘PRIME-SERIES’ of Collaborative Robots at Automate 2024
The New P-SERIES Unleashes Efficiency with a 30 Kilogram Payloadand the Longest Reach of Any Cobot to Date
CHICAGO, May 6, 2024 /PRNewswire/ — Doosan Robotics Inc., one of the world’s leading collaborative robot (cobot) manufacturers, unveiled its newest and most powerful P-SERIES (PRIME-SERIES) today at Automate 2024, bringing to the world of robotics the longest reaching cobot to date.
Today’s P-SERIES announcement by Doosan Robotics was marked by a show floor unveiling of the new P3020 – the world’s most powerful cobot for palletizing in existence. The P3020 offers a payload of 30kg (60lbs) and reach of 2,030mm (80in), bringing the ability to palletize from floor to 2m high (stacking up to 10 layers of boxes approximately 8 inches tall) using its simple fixed base without a lift.
Doosan Robotics has successfully dominated the high-payload cobot market in the 20kg range and above, which includes advanced palletizing solutions. Since launching the H-SERIES in 2022, Doosan Robotics has attracted major global customers such as Schiphol Airport and Wacker Korea, significantly enhancing its global market share by 72%. This year, with the introduction of the P-SERIES, the cobot featuring the highest payload and reach yet, expectations are set to soar beyond previous achievements.
Additional key features of the P-SERIES cobot lineup include lower power consumption compared to similar payload cobots by applying its built-in gravity compensation mechanism, inherent wrist-singularity free, and a 5 degree-of-freedom movement with the 4th axis removed and 6th axis speed increased to 360 degrees/second. Doosan Robotics’ continued priority on optimal safety across its solutions is also fully present in the new P3020. This includes achieving the highest PL (e) and Cat 4 safety ratings to ensure both a max-powered and max-safety experience for users.
The motion platform company’s newly unveiled P3020 palletization cobot will be on full display (Booth #850) at Automate 2024 (May 6-9), alongside the company’s ready-to-sell solutions with best-in class partners in Machine Tending, Palletizing, Welding, and Food & Beverage services.
Driven by its vision to elevate everyday experiences and redefine labor workflows, Doosan Robotics provides a wide, exceptional range of AI cobots aimed to bring about a paradigm shift across various sectors, such as palletizing, manufacturing, logistics, food & beverage, architecture, and service industries. These cutting-edge solutions transcend the constraints of conventional robotics, adeptly maneuvering through intricate scenarios while infusing tasks with enhanced efficiency, safety, and ingenuity. Moreover, the AI system boasts continuous learning capabilities, effortlessly updating its model by autonomously downloading required modules for smooth integration.
“As a motion platform company, Doosan Robotics is meeting the ever-growing need for cobots to mimic human motion, powerfully and safely,” said William Ryu, CEO at Doosan Robotics. “The robotics industry continues to grow at an exponential pace and our lineup of software, cobots and AI differentiates us in our mission to develop cobots with a ‘max-powered, max-efficiency, max-safety’ mindset.”
For more details and videos on the new P3020 cobot by Doosan Robotics, please visit the Doosan Robotics YouTube channel here. For more info, images, and other assets regarding Doosan Robotics’ Automate 2024 overall presence, please visit the press kit here or contact [email protected].
ABOUT DOOSAN ROBOTICSDoosan Robotics is a global leader in collaborative robot solutions, embodying the principle of ‘Innovation in every motion, revolutionizing the way we work.’ Doosan robots, known for world-class safety and precision, enhance task efficiency across various sectors from manufacturing to service, enabling people to focus on more valuable work. More information about Doosan Robotics is available at https://www.doosanrobotics.com/en/.
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View original content:https://www.prnewswire.co.uk/news-releases/doosan-robotics-unveils-max-powered-prime-series-of-collaborative-robots-at-automate-2024-302136958.html
Artificial Intelligence
Enghouse announces expansion of our cloud contact center technology in the Middle East through our partnership with Voxtron
MARKHAM, ON, May 6, 2024 /PRNewswire/ — Enghouse Interactive, a global leader in contact center and video technology solutions, is proud to announce a strategic partnership with Voxtron, the premier provider of call center solutions in the Middle East. This collaboration is marked by Voxtron’s introduction of the innovative Voxvantage Cloud Contact Center as a Service (CCaaS), leveraging advanced contact center technology from Enghouse.
The Official Launch will take place at the Grand Hyatt Dubai. Industry participants and media are invited to RSVP to attend by emailing [email protected].
Date: 9th May 2024 Time: 6:00 PM to 10:00 PM Venue: Grand Hyatt Dubai, RSVP: [email protected]
Voxvantage CCaaS marks a significant advancement for Enghouse Systems, underscoring a commitment to enhancing customer experiences throughout the region. Hosted on the robust data center infrastructure of Moro Hub, Voxtron guarantees exceptional reliability, security, and scalability.
The launch will feature distinguished speakers, including Tracy Reynolds, Canadian Consul General in Dubai, Vincent Mifsud, Global President of Enghouse Systems, and Arif AlMalik, Chief Digital Products Officer of Moro Hub. They will explore the transformative potential of contact solutions in improving customer experience (CX) in the Middle East.
Mr. Mifsud expressed his enthusiasm about the partnership, stating, “We are excited to collaborate with Voxtron and Moro Hub. This partnership is crucial as we aim to provide our call center technology, enhance our presence across the Middle East by providing customers with leading technology that improves customer experiences.”
The event will also offer excellent networking opportunities and insightful discussions on the future of customer engagement solutions.
About Enghouse Interactive:
Enghouse Interactive, a subsidiary of Enghouse Systems Limited, is a global leader in contact center software and video technology solutions offering its customers and partners the valuable advantage of choice. Enghouse Interactive empowers businesses to transform contact centers from cost centers into powerful growth engines by simplifying complex integrations through open standards and supporting various telephony technologies to ensure seamless customer accessibility across channels and locations.
About Voxtron:
Voxtron Middle East is headquartered in Dubai, U.A.E., and has a global presence with offices and affiliates in Qatar, India, Germany, Austria, Belgium, Italy, Turkey, Tunisia, Hong Kong, Portugal, and Thailand. Voxtron has been delivering cost-effective customer engagement optimization solutions in collaboration with leading technology vendors such as Enghouse Interactive, SAGE, Verint, and Clarabridge, for over a decade. This extensive portfolio positions Voxtron as a unique provider capable of delivering complete, fully-featured solutions to customers and partners.
Enghouse Video Contact: Tim Peters, VP, Global Demand Generation Leader, Enghouse Systems, [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/enghouse-announces-expansion-of-our-cloud-contact-center-technology-in-the-middle-east-through-our-partnership-with-voxtron-302136981.html
Artificial Intelligence
Appdome Named “Editor’s Choice for Mobile App Security” in Coveted Global InfoSec Awards during RSA Conference 2024
Appdome Wins in 12th Annual Global InfoSec Awards at #RSAC 2024
SAN FRANCISCO, May 6, 2024 /PRNewswire/ — Appdome, the mobile app economy’s one-stop shop for mobile app defense, is proud to announce it has won Editor’s Choice for Mobile App Security from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine.
The Appdome platform is the first and only full lifecycle mobile app defense platform to automatically build, monitor and respond with any or all of 300+ mobile app defenses including security, anti-fraud, anti-malware, anti-cheat, anti-bot, geo compliance and social engineering for any mobile app in minutes with no SDK or coding required – all within the CI/CD pipeline. As a mobile app security engine for DevOps, Appdome enables mobile app developers, even those lacking security expertise, with an easy and fast way to secure all Android & iOS apps without any additional work. By automating security in the mobile pipeline, Appdome eliminates the cost and complexity of manually coding security, fraud and compliance features so mobile brands can confidently ship secure mobile apps faster with always-on protections to meet their critical mobile business needs.
“We’re proud to be recognized as Editor’s Choice for Mobile App Security by Cyber Defense Magazine in its 12th year of awarding the most prestigious and coveted cybersecurity award in the world,” said Tom Tovar, co-creator and CEO of Appdome. “With organizations battling unnecessary complexity from point products, the Appdome platform approach to mobile defense is leading the way to unify 300+ protections across security, anti-fraud, bot defense, mobile EDR, and compliance for all internal (employee) and external (consumer) facing mobile applications under a single pane of glass.”
“We scoured the globe looking for cybersecurity innovators that could make a huge difference and potentially help turn the tide against the exponential growth in cyber-crime. Appdome is absolutely worthy of Editor’s Choice for Mobile App Security coveted award and consideration for deployment in your environment,” said Yan Ross, Global Editor of Cyber Defense Magazine.
Appdome and all award winners located here: http://www.cyberdefenseawards.com/
Appdome continues to deliver waves of innovation in 2024 including:
Appdome Unveils World’s first Agentless Mobile EDR & MTDAppdome MOBILEBot ProtectionAppdome World’s First Real-Time Defense for Social EngineeringAppdome Revolutionizes Geo Defense for Mobile BrandsPlease join Appdome at the RSA Conference 2024 booth #2339 to see the award winning Appdome Platform in action!
Learn more at www.appdome.com.
About AppdomeThe Appdome mission is to protect every mobile app in the world and the people who use mobile apps in their lives and at work. Appdome provides the mobile industry’s only Unified Mobile App Defense platform, powered by a patented mobile coding engine, Threat-Events™ Threat-Aware UX/UI Control and ThreatScope™ Mobile XDR. Using Appdome, mobile brands eliminate complexity, ship faster and save money by delivering 300+ Certified Secure™ mobile app security, anti-malware, anti-fraud, mobile anti-bot, anti-cheat, geo compliance, MiTM attack prevention, code obfuscation, social engineering and other protections in Android and iOS apps with ease, inside the mobile DevOps and CI/CD pipeline. Leading financial, healthcare, government and m-commerce brands use Appdome to protect Android and iOS apps, mobile customers and mobile businesses globally. Appdome holds several patents including U.S. Patents 9,934,017 B2, 10,310,870 B2, 10,606,582 B2, 11,243,748 B2 and 11,294,663 B2. Additional patents pending.
About Cyber Defense MagazineCyber Defense Magazine is the premier source of cyber security news and information for InfoSec professions in business and government. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products, and services in the information technology industry. We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power.
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View original content:https://www.prnewswire.co.uk/news-releases/appdome-named-editors-choice-for-mobile-app-security-in-coveted-global-infosec-awards-during-rsa-conference-2024-302136929.html
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