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OTC: ILUS, ILUS International (Ilustrato Pictures International Inc), Updates on Fourth Quarter Progress and Upcoming Announcements

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NEW YORK, NY, Nov. 29, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — ILUS International Inc (OTC: ILUS) remains focused on its M&A strategy of acquiring and growing global technology companies. The company recently met with some valued shareholders at scheduled “meet ups” in New York and Las Vegas, where it provided an update on progress and upcoming plans, including up list plans. 

Following the announcement that the third quarter was ILUS’ strongest yet in terms of revenue achieved and acquisition progress, the company confirmed that it is firmly on track and hard at work to exceed its 2021 annual revenue target. In addition to 3 acquisitions closed in the first and second quarters of 2021, ILUS agreed and signed pre-contract agreements with 3 US companies in the third quarter, and confirmed that it is in the process of adding several very exciting acquisitions during the fourth quarter.  

ILUS recently agreed and signed pre-contract terms for the acquisition of a large group of four companies in the United Kingdom, and will announce the details of this acquisition once its attorneys give the green light to do so. Meanwhile, ILUS is in the process of negotiating multiple US acquisitions in various states, including Florida, California, Ohio, New York and Texas. The company is also assessing several more large mergers and acquisitions in the UK, Europe and Canada. 

At its Shareholder meet ups, ILUS announced that it is working on multiple large deals in Europe and the Middle East. One of these large deals, known by many as the “astronomical EU deal”, was confirmed by ILUS as being close to completion. The company confirmed that the first phase of this acquisition will involve the acquisition of the manufacturing facility for ILUS’ commercial electric utility vehicles (UTVs) which will be sold through dealers globally. The company clarified that the second, larger phase of the acquisition will be announced early in 2022. The acquisition forms part of a monumental government privatization deal where ILUS will take over the existing manufacturing facilities. The government is providing a substantial incentive to create and sustain jobs, with 1,500+ already employed at the manufacturing facilities. Furthermore, the deal will include manufacturing contracts, with the benefit to the government that their country will be known for the development, manufacture and global sale of innovative electric vehicles, firefighting vehicles, ambulances and military vehicles. ILUS confirmed that following a successful period of negotiations with the relevant government authorities, ILUS is the only company in the running to complete this deal and there is no remaining competition for it. The final administrative procedures are underway and ILUS is excited to announce the first phase of the deal soon. 

Recently, ILUS has made significant progress regarding the European Unmanned Aerial Vehicle (UAV) partnership that it has previously communicated. The company is now working on an exciting deal with the European company, which will mean that ILUS will have its own UAV technology for firefighting, rescue and other lucrative applications. The range of UAVs are currently capable of carrying up to 1,000 kg/2,204 lbs with a flight range of up to 200 km/124 miles. Performance figures for the entire range of UAVs, including maximum flight altitude and top speed, are “light years” ahead of any competition. The company also has existing contracts in place with specialized government agencies and international organizations that are household names. ILUS is working through administrative details with the UAV company and hopes to announce details of the very exciting deal in due course. 

ILUS Managing Director, John-Paul Backwell, commented: “Our current round of US and UK acquisitions will strengthen our existing capability, speed up our expansion and potentially triple our existing annual revenue projections for 2022. The EU deal and numerous other deals far outweigh the US and UK acquisitions and will add significant value to ILUS’ manufacturing and distribution capability, product offering, and valuation as the company prepares for up listing to NASDAQ. We are now also assessing and working on several acquisitions, partnerships and joint ventures in the software technology arena, especially in the fields of Artificial Intelligence (AI), Internet of Things (IoT) and Augmented Reality (AR). These software solutions will transform the Emergency Response industry and we look forward to announcing our first deal in this space very soon. We have ramped up our progress in the last quarter and as a result, we will be making a number of game-changing announcements over the coming weeks and months.”

In response to recent speculation about ILUS going the Spin Off route in order to up list to NASDAQ, the company shed light on its plans during its recent Shareholder Meet Ups. The videos shown which summarize what was discussed are available on the ILUS YouTube Channel, (and can be found at the links towards the end of this Press Release). The company announced that ILUS International is currently acquiring, improving and growing Public Safety companies which each have disruptive technology and a unified purpose within their particular sector. These companies are currently grouped within ILUS and the company is constantly adding multiple strategic acquisitions to compliment each group’s capability, expansion and valuation. 

ILUS confirmed that it is building a conglomerate, made up of four groups of companies, although this will be expanded to five or more groups in the future. The company discussed the possibility that each of these groups, which are currently at various stages of maturity, would have the potential to spin off and up list to NASDAQ. In this scenario, ILUS itself would hold a significant stake in each of the spin off companies which up list, thus drastically increasing the ILUS Balance Sheet and ultimately adding significant Shareholder value. Whilst this develops, ILUS would continue to acquire, incubate and raise valuable assets which would strategically slot into the relevant groups of companies for future NASDAQ up listing. The process would repeat itself continuously, with ILUS simultaneously growing in value and its Shareholders benefitting accordingly. Through this process, it is highly likely that through organic growth and the subsequent increase in share price, ILUS itself would have the opportunity to up list to NASDAQ. 

ILUS confirmed that it is currently in discussions with multiple companies which have revenues of over $100 million. The company mentioned that it is looking to make a very large acquisition, usually with revenues in the region of $100 million or more, with each up listing. ILUS clarified that it is already in negotiations with suitable options, some of which are global multinational companies. The company stated that it plans to go to NASDAQ with significant strength and certainly not as a “small fish in a big pond.” In line with what has been mentioned previously, ILUS is working on an impressive timeline for the first up listing and it believes that the short timeframe from when the details of the first up listing are announced through to completion will be surprising for Shareholders and interested parties. 

ILUS CEO, Nick Link, commented: “Our NASDAQ up listing plans are already well underway and have been for some time now. We have a team of attorneys and experts with a successful track record who are working on it. We felt it would be best to deliver on the first stages of our acquisition strategy before gradually discussing more regarding our up listing progress. Ultimately, we will present the full plan to our Shareholders at our Annual Shareholders Meeting in January next year, but for now, we wanted to communicate that we have a clear plan which is already in progress and we are working with a team of experts to execute the plan. Neither we, nor the team we are working with have a history of failure and we are confident in our plan and that it will hugely benefit every ILUS Shareholder and the industries that we serve. We will soon announce the bank that we are working with for our first IPO and we will also be announcing very important and strategic announcements to our Board of Directors. Our focus is on delivery and when we put something out in the public domain, it’s because we are 100% confident that we will deliver.” 

ILUS discussed how it is structuring its group of companies, with each group serving a specific industry and containing strategically aligned companies. Building on its previously communicated triple pronged acquisition strategy of acquiring manufacturing capability, routes to market and significant technological advancements, ILUS has already acquired and is in the process of acquiring several companies in the Emergency Response Technology sector. This sector primarily involves the manufacture, supply and support of equipment, vehicles, specialized technology and software for use by first responders and the organizations that support them. In this sector, ILUS has already acquired FireBug, which manufactures innovative and patented firefighting equipment and vehicles. Adding to this, the company has agreed and signed pre-contract terms with Precision Powered Products in Texas, Bullhead Products in Kodak, Tennessee and a significant firefighting equipment distributor in the Atlanta, Georgia area. The soon to be announced UK acquisition, multiple distribution acquisitions and technology advancement acquisitions which are currently in progress, will all form part of this Emergency Response Technology group of companies within ILUS. This group has been growing rapidly within ILUS and is delivering in terms of revenue, therefore it has the earliest potential for spin off and up listing to NASDAQ, in conjunction with the aforementioned $ 100m+ revenue acquisition/s which ILUS is already in discussions with. It is important to note that ILUS is adding and will continue to add advanced technology to each group and this will include disruptive software with Artificial Intelligence (AI), wearable technology and IoT technology which will improve efficiencies and emergency response times and most importantly, make first responders safer whilst enabling them to save more lives. 

Simultaneously, ILUS has also been building a Life Safety Systems group of companies which includes innovative technology in the Fixed Firefighting Systems sector (for electric vehicles, kitchens, transformers, mining etc.) and in the Fire Protection sector (fire detection and alarm systems, extinguishing systems, smoke extraction and evacuation systems, health and safety technology etc.). In this space, ILUS has already acquired BCD Fire in the Middle East, a company which has recently been awarded a number of significant contracts and now employs over 60 staff. ILUS is in the process of finalizing its first of many US acquisitions for this group in the state of Florida – a company which holds significant contracts in the Orlando area and also with international Hotel and Restaurant chains. ILUS is also assessing impressive acquisition opportunities in the UK for this group and has had early stage conversations with a global acquisition opportunity which would form part of an eventual up listing, should this be the process that ILUS chooses to follow. 

ILUS also owns and produces a commercial electric utility vehicle (E-UTV), known as the E-Raptor. This vehicle already leads the E-UTV sector in terms of performance, range and load carrying capability and ILUS is already expanding the range to include several variations of the current vehicle. Having gained experience and achieved relative success in this space, ILUS is building a third group of companies in the Renewable and Sustainable Energy Technology sector. ILUS will soon be bringing a very significant asset into this group, which it plans to potentially announce before the end of this year. In addition, the company is assessing a number of mergers and acquisitions in the Electric Vehicle (EV), Solar Energy and Renewable Energy sectors. Some of the discussions taking place involve companies that are poised for exponential growth on the global stage with technology that will completely transform the energy sector. 

ILUS would benefit from being able to leverage and cross pollinate technologies, skills, intellectual property and much more across all the groups of companies. For example, electric vehicles will be manufactured at an ILUS factory in Europe, assembled at an ILUS factory in the US and distributed through an ILUS distributor in the US for use by fire brigades as a rapid response vehicle with firefighting capability designed by FireBug. This is one of many examples. 

Nick Link, CEO of ILUS, concluded with the following: “We aim to become a global conglomerate like Berkshire Hathaway for example, with the only difference being that we plan to truly modernize, disrupt and dominate every industry we step into, always remembering that we wish to benefit the communities, families and individuals that are affected by our technology. In all of this, we are focused on deals which benefit our Shareholders and give them the best possible outcome from every scenario we are presented with. I am confident that we are moving in the direction that will deliver both maximum growth and maximum Shareholder value. We look forward to making a number of very exciting announcements over the coming weeks and months that will lead to, amongst other things, exponential growth, increased effectiveness and delivery of our technology to those who need it most, and our first up listing. It is an exciting time but we are keeping our heads down and focused on delivery. As always, we wish to thank our ILUS Family of Shareholders for your ongoing support.”

Video Links:

·      ILUS CEO NASDAQ Up Listing Plans Update: https://youtu.be/aFpTe6qGdL0

·      ILUS Shareholder Meet Up video – Acquisitions, Performance and Up Listing: https://youtu.be/JXwCLqhltfA

For further information on the companies please see the ILUS communication channels.

Website: https://ilus-group.com

Twitter : OTC_ILUS

Email: [email protected]

Source: ILUS 

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Forward-Looking Statement

Certain information set forth in this press release contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects, and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The Securities and Exchange Commission (“SEC”) has provided guidance to issuers regarding the use of social media to disclose material non-public information. In this regard, investors and others should note that we announce material financial information via official Press Releases, in addition to SEC filings, press releases, Questions & Answers sessions, public conference calls and webcasts also may take time from time to time. We use these channels as well as social media to communicate with the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, in light of the SEC’s guidance, we encourage investors, the media, and others interested in our company to review the information we post on the following social & media channels:

website: https://ilus-group.com      Twitter: OTC_ILUS 

Note: ILUS Coin does not sit within ILUS International Inc (Ilustrato Pictures International Inc) so the public are recommended to follow the correct Media Channels relating to the public company OTC: ILUS.

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More than $9 Million Awarded to High School Scientists and Engineers at the Regeneron International Science and Engineering Fair 2024

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May 17, 2024

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Grace Sun, 16, receives $75,000 Top Award for a new kind of organic electrochemical transistor at the world’s largest pre-college science, technology, engineering and math (STEM) competition.
TARRYTOWN, N.Y. and WASHINGTON, May 17, 2024 /PRNewswire/ — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Society for Science (the Society) announced that Grace Sun, 16, of Lexington, Kentucky, won the $75,000 top award, the George D. Yancopoulos Innovator Award, named in honor of the pioneering drug researcher and Regeneron co-Founder, Board co-Chair, President and Chief Scientific Officer, in the 2024 Regeneron International Science and Engineering Fair (Regeneron ISEF), the world’s largest pre-college science and engineering competition. Other top prizes went to projects in second-order cone programming, microplastics filtration and multi-sensory therapy for dementia.

The top winners were honored during two award ceremonies: the Special Awards on May 16 and the Grand Awards Ceremony on the morning of May 17. In total, over $9 million USD was awarded to the finalists based on their projects’ creativity, innovation and depth of scientific inquiry. The competition featured nearly 2,000 young scientists representing 49 U.S. states and nearly 70 countries, regions and territories across the world.
Grace Sun, 16, of Lexington, Kentucky, won first place and received the $75,000 George D. Yancopoulos Innovator Award for her research on building a better organic electrochemical transistor that she hopes will be used to develop new electronic devices that could help detect and treat serious illnesses like diabetes, epilepsy and organ failure. To overcome the problems that have previously prevented such devices from working effectively inside the body, Grace developed a new way of chemically treating their organic components, which greatly improved their laboratory performance.
Michelle Wei, 17, of San Jose, California, received one of two Regeneron Young Scientist Awards of $50,000 for her research to improve the speed and efficiency of a type of software that is useful in many fields such as machine learning, transportation and financial systems. Michelle’s new approach involved determining a quick approximate solution to the second-order cone programming problem, then splitting the initial cone into smaller cones, which enabled her new algorithm to greatly outperform previous approaches.
Krish Pai, 17, of Del Mar, California, received the second Regeneron Young Scientist Award of $50,000 for his machine-learning research to identify microbial genetic sequences that can be modified to biodegrade plastic. His new software, called Microby, scans databases of microorganisms and determines which ones can be changed genetically to biodegrade plastics. In tests, he identified two microorganisms that can be genetically modified to degrade plastic at a cost he believes would be ten times less than traditional recycling.
 “Congratulations to the Regeneron International Science and Engineering Fair 2024 winners,” said Maya Ajmera, President and CEO, Society for Science and Executive Publisher, Science News. “I’m truly inspired by the ingenuity and determination shown by these remarkable students. Coming from around the world with diverse backgrounds and academic disciplines, these students have shown that it is possible to come together in unity to tackle some of the toughest challenges facing our world today, and I could not be prouder.”
Regeneron ISEF provides a global stage for the world’s best and brightest young scientists and engineers. Through this competition, Regeneron and the Society are fostering the next generation of STEM leaders who are pioneering solutions to improve our world. Since 2020, Regeneron has provided STEM experiences to approximately 2.4 million students, on track to meet its goal of 2.5 million by 2025.
“The talent, intelligence and potential of this year’s Regeneron ISEF finalists is truly inspiring, and I congratulate each on their remarkable achievements,” said George D. Yancopoulos, M.D., Ph.D., co-Founder, Board co-Chair, President and Chief Scientific Officer of Regeneron. “Science competitions like ISEF were pivotal in shaping my own career and fueling my passion to fight back against disease. I look forward to seeing these students continue to push the boundaries of science and technology to create positive and sustainable change for all humanity.”
Other top honors from the competition include:
Justin Huang and Victoria Ou, both 17, of Woodlands, Texas, received the Gordon E. Moore Award for Positive Outcomes for Future Generations of $50,000 for their new prototype filtration system that uses ultrasonic waves to remove microscopic plastic particles from water. In lab tests, the acoustic force from the high-frequency sound waves removed between 84% and 94% of the suspended microplastic particles in a single pass. The students are now working to scale up and fine-tune their experimental system.
Ingrid Wai Hin Chan, 17, of Hong Kong, China received the Craig R. Barrett Award for Innovation of $10,000 for her research on using a multi-sensory therapy for dementia patients. Her mixed therapy app would allow patients to practice physical and cognitive skills through a personalized, immersive environment using virtual reality headsets. Ingrid conducted an eight-week study with six people living with dementia and found that the cognitive function of patients who used her prototype improved in several areas. She believes her app could serve as a viable option for dementia patients with limited access to in-person professional therapy.
Tanishka Balaji Aglave, 15, of Valrico, Florida, received the H. Robert Horvitz Prize for Fundamental Research of $10,000 for her investigation into a natural alternative treatment against citrus greening, a disease that threatens citrus farming in many parts of the world and is currently only treated with antibiotics. Tanishka injected the trunks of infected trees with an extract from the curry leaf tree, and found through tests that this potential method could effectively and sustainably manage citrus greening disease.
Maddux Alexander Springer, 18, of Honolulu, Hawaii, received the Peggy Scripps Award for Science Communication of $10,000 for his research into fibropapillomatosis (FP), a disease that is the primary cause of death in green sea turtles. Some turtles he studied in Kaneohe Bay, Hawaii, were stricken with a disease that causes internal and external tumors that inhibit their everyday lives. After analyzing the turtles’ diet of green algae, Maddux concluded that this disease, wastewater, invasive algae and the amino acid arginine all pose a grave risk to these endangered sea creatures.
Ria Kamat, 17, of Hackensack, New Jersey; Anna Oliva, 17, of Houston, TX; and Shuhan Luo, 18, of Worcester, MA, received the Dudley R. Herschbach SIYSS Award, which provides finalists an all-expense paid trip to attend the Stockholm International Youth Science Seminar during Nobel Week in Stockholm, Sweden.
Jack Shannon, 18, of Clane, Kildare, Ireland, and Nikhil Vemuri, 17, of Cary, North Carolina, received the EU Contest for Young Scientists Award. Their projects will represent Regeneron ISEF at the EU Contest for Young Scientists to be held this September in Katowice, Poland.
For more information about the top winners and access to visual assets visit:  https://www.societyforscience.org/isef-2024-media-kit.
The full list of Special Award ISEF 2024 Finalists can be found at https://www.societyforscience.org/press-release/regeneron-isef-2024-special-awards-winners.
In addition to the Top Award winners, more than 450 finalists received awards and prizes for their innovative research, including “First Award” winners, who each received a $5,000 prize.
The following lists the First Award winners for each of the 22 categories, from which the Top Awards were chosen:
Animal Sciences, sponsored by Society for ScienceMaddux Alexander Springer, Honolulu, Hawaii
Behavioral and Social Sciences, sponsored by Society for ScienceAndrew Y. Liang, San Jose, California
Biochemistry, sponsored by RegeneronAmy Hong Xiao, Garden City, New York
Biomedical and Health Sciences, sponsored by RegeneronRia Kamat, Hackensack, New Jersey; Kevin Xuan Lei, Shanghai, China
Biomedical Engineering, sponsored by Alfred E. Mann CharitiesAyush Garg, Dublin, California; Divij Motwani, Palo Alto, California; Akash Ashish Pai, Portland, Oregon
Cellular and Molecular Biology, sponsored by RegeneronLara and Maya Sarah Hammoud, Beverly Hills, Michigan
Chemistry, sponsored by Society for ScienceAkilan Sankaran, Albuquerque, New Mexico; Arjun Suresh Malpani and Siddharth Daniel D’costa, Portland, Oregon
Computational Biology and Bioinformatics, sponsored by RegeneronKun-Hyung Roh, Bronx, New York
Earth and Environmental Sciences, sponsored by Google.orgNikhil Vemuri, Durham, North Carolina; Justin Yizhou Huang and Victoria Ou, The Woodlands, Texas
Embedded Systems, sponsored by HPChloe Rae and Sophie Rose Filion, Welland, Ontario, Canada
Energy: Sustainable Materials and Design, sponsored by Siemens EnergyAlia Wahban, Hamilton, Ontario, Canada
Engineering Technology: Statics and Dynamics, sponsored by Howmet Aerospace FoundationChiyo Nakatsuji, Bunkyoku, Tokyo, Japan; Kevin Shen, Olympia, Washington
Environmental Engineering, sponsored by JacobsKrish Pai, San Diego, California; Jack Shannon, Clane, Kildare, Ireland
Materials Science, sponsored by Howmet Aerospace FoundationGrace Sun, Lexington, Kentucky
Mathematics, sponsored by Akamai FoundationAnna Oliva, Houston, Texas
Microbiology, sponsored by Schattner FoundationMatthew Chang, Irvine, California
Physics and Astronomy, sponsored by Richard F. Caris Charitable Trust IIHarini Thiagarajan and Vishal Ranganath Yalla, Bothell, Washington; Shuhan Luo, Worcester, Massachusetts
Plant Sciences, sponsored by Society for SciencePauline Estrada, Fresno, California; Tanishka Balaji Aglave, Dover, Florida
Robotics and Intelligent Machines, sponsored by RegeneronMichal Lajciak, Dubnica nad Vahom, Trenciansky kraj, Slovakia; Anthony Efthimiadis, Oakville, Ontario, Canada
Systems Software, sponsored by MicrosoftMichelle Wei, San Jose, California
Technology Enhances the Arts, sponsored by Society for ScienceAnant Khandelwal, Sritan Motati and Siddhant Sood, Alexandria, Virginia
Translational Medical Science, sponsored by RegeneronZheng-Chi Lee, West Lafayette, Indiana; Ingrid Wai Hin Chan, Hong Kong, China
The full list of all award-winning ISEF 2024 finalists is available here: https://www.societyforscience.org/press-release/regeneron-isef-2024-full-awards.
View all the finalists’ research here: https://projectboard.world/isef.
About the Regeneron International Science and Engineering FairThe Regeneron International Science and Engineering Fair (Regeneron ISEF), a program of Society for Science for over 70 years, is the world’s largest global science competition for high school students. Through a global network of local, regional and national science fairs, millions of students are encouraged to explore their passion for scientific inquiry. Each spring, a group of these students is selected as finalists and offered the opportunity to compete for approximately U.S. $9 million in awards and scholarships.
In 2019, Regeneron became the title sponsor of ISEF to help reward and celebrate the best and brightest young minds globally and encourage them to pursue careers in STEM to positively impact the world. Regeneron ISEF is supported by a community of additional sponsors, including Akamai Foundation, Alfred E. Mann Charities, Aramco, Caltech, Google.org, Gordon and Betty Moore Foundation, Howmet Aerospace Foundation, HP, , Jacobs, King Abdulaziz & his Companions Foundation for Giftedness and Creativity, Microsoft, National Geographic Society, Richard F. Caris Charitable Trust II, Rise, an initiative of Schmidt Futures and the Rhodes Trust, Schattner Foundation, Siemens Energy, Annenburg Foundation, Ballmer Group, Broadcom Foundation, Cesco Linguistic Services, Conrad N. Hilton Foundation, Edison International, Insaco, Oracle Academy, The Eli and Edythe Broad Foundation, The Ralph M. Parsons Foundation and US Army ROTC. Many are entrepreneurs across a wide range of industries. Learn more at https://www.societyforscience.org/isef/.
About Society for ScienceSociety for Science is a champion for science, dedicated to promoting the understanding and appreciation of science and the vital role it plays in human advancement. Established in 1921, Society for Science is best known for its award-winning journalism through Science News and Science News Explores, its world-class science research competitions for students, including the Regeneron Science Talent Search, the Regeneron International Science and Engineering Fair and the Thermo Fisher Scientific Junior Innovators Challenge, and its outreach and equity programming that seeks to ensure that all students have an opportunity to pursue a career in STEM. A 501(c)(3) membership organization, Society for Science is committed to inform, educate and inspire. Learn more at www.societyforscience.org and follow us on Facebook, Twitter, Instagram and Snapchat (Society4Science).
About RegeneronRegeneron (NASDAQ: REGN) is a leading biotechnology company that invents, develops and commercializes life-transforming medicines for people with serious diseases. Founded and led by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to numerous approved treatments and product candidates in development, most of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, neurological diseases, hematologic conditions, infectious diseases and rare diseases. 
Regeneron believes that operating as a good corporate citizen is crucial to delivering on our mission. We approach corporate responsibility with three goals in mind: to improve the lives of people with serious diseases, to foster a culture of integrity and excellence and to build sustainable communities. Regeneron is proud to be included on the Dow Jones Sustainability World Index and the Civic 50 list of the most “community-minded” companies in the U.S. Throughout the year, Regeneron empowers and supports employees to give back through our volunteering, pro bono and matching gift programs. Our most significant philanthropic commitments are in the area of early science education, including the Regeneron Science Talent Search and the Regeneron International Science and Engineering Fair (ISEF).
For more information, please visit www.Regeneron.com or follow Regeneron on LinkedIn, Instagram, Facebook or X.
More information about the top winners and access to visual assets visit:  https://www.societyforscience.org/isef-2024-media-kit.
Media ContactsJoseph Brown, [email protected]
Gayle Kansagor, Society for [email protected]
Photo – https://mma.prnewswire.com/media/2416174/Regeneron_ISEF_2024_Winners_Photo.jpg 
Logo – https://mma.prnewswire.com/media/2416197/Society_for_Science_Logo.jpg 

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J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Announce Winner of Inaugural 2024 Life Sciences Innovation Summit

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May 17, 2024

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In conjunction with Abu Dhabi Global Healthcare Week 2024
ABU DHABI, UAE, May 17, 2024 /PRNewswire/ — J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Group announced today Rayees Rahman of Harmonic Discovery as the winner of the inaugural J.P. Morgan Asset Management: Life Sciences Innovation Summit. Harmonic Discovery is a precision pharmacology company applying its generative chemistry platform to advance next-generation kinase inhibitors.

In partnership with the Department of Health – Abu Dhabi (DoH), the Summit took place on May 14-15, 2024 at Cleveland Clinic Abu Dhabi and showcased the 11 innovative finalists, as well as highlighted existing innovators and opportunities in the Emirate of Abu Dhabi. The event also featured keynote speeches from Dr. Laurie Glimcher of Dana-Farber Cancer Institute, Dr. Shahrukh Hashmi of the Department of Health – Abu Dhabi, and Dr. David Ho of Columbia University Medical Center and provided attendees networking opportunities to gain valuable insights into the future of life sciences innovation. 
In addition, the jury designated Chun-Hao Huang of Algen Biotechnologies as honourable mention. Algen Biotechnologies is a platform therapeutics and drug discovery company using world-leading CRISPR and AI to find treatments for cancer, inflammation and metabolic diseases.
The winners were selected by an esteemed, international panel of judges, which included:Laurie Glimcher, MD, President and CEO at Dana-Farber Cancer InstituteJorge Guzman, MD, CEO at Cleveland Clinic Abu DhabiProf. Shahrukh Khurshid Hashmi, MD, Director of Research, Department of Health, Abu DhabiYasmine Hayek Kobeissi, PhD, CQF, BSc., Executive Director at Blue Horizon AdvisorsAnya Schiess, Managing Partner at J.P. Morgan Life Sciences Private CapitalWalid Zaher, PhD, Co-Founder and CEO, Carexso
Dr. Asma Al Mannaei, Executive Director of the Research and Innovation Centre at the Department of Health – Abu Dhabi said: “Under the directives of the UAE’s wise leadership, and renowned for its world-leading medical infrastructure, Abu Dhabi stands at the forefront of healthcare excellence, offering an unparalleled opportunity for advancement in healthcare for global partners. It was our utmost pleasure hosting the J.P. Morgan Asset Management Life Sciences Innovation Summit 2024 on the sidelines of Abu Dhabi Global Healthcare Week and we commend the winners for their pioneering efforts in driving impactful advancements in healthcare; their dedication to innovation not only transforms the landscape of medicine, but also holds the promise of improving lives worldwide.” 
Stephen Squinto, PhD, Chief Investment Officer, J.P. Morgan Life Sciences Private Capital said: “We are thrilled with the level of biotech passion and innovation that we observed at this year’s Summit in Abu Dhabi. The energy was truly palpable we are thrilled to announce Rayees Rahman as the winner of our first Life Sciences Innovation Summit. Harmonic Discovery’s approach embodies the next generation of drug discovery and development. We appreciate the time and effort of all participants and cannot wait for our next event in the region.”
Nabil Kobeissi, Chief Executive Officer of Blue Horizon Advisors, said: “As the main sponsor, we are committed to nurturing and fostering the growth of all 11 finalists in this vibrant biotech ecosystem. This Summit marks the beginning of a transformative journey, and we are confident that it will pave the way for a flourishing hub in the region. We are also pleased to announce that we will commit to invest in and partner with the winner, Harmonic Discovery, to support its future growth in the region.”
Sponsors for the event included J.P. Morgan Life Sciences Private Capital, J.P. Morgan Commercial Bank, Blue Horizon Advisors, United Al Saqer Group, Thermo Fisher Scientific, and Salam Capital. The Summit organisation, logistics and finalist recruitment were facilitated by Lyfebulb.
Of importance, at the Summit, Mr. Mohamed Al Breiki, Executive Director of Sustainable Development at Masdar City, announced that Masdar City Free Zone would award all 11 Finalists complimentary business licenses to further support their establishment in the region. Masdar City is one of the world’s most sustainable urban developments and innovation hubs with a growing focus on life science entrepreneurship in Abu Dhabi.

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Congregating in the Lion City for a Win-Win Future of Intelligent Computing at the Global Data Center Facility Summit 2024

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May 17, 2024

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SINGAPORE, May 17, 2024 /PRNewswire/ — On May 17, 2024, the Global Data Center Facility Summit 2024 was held in Singapore with the theme of “Power the Digital Era Forward.” At the summit, over 600 data center industry leaders, technical experts, and ecosystem partners gathered to discuss new trends and opportunities of the global data center industry in the intelligent computing era. The attendees also got to experience all-scenario, all-ecosystem, and all-service end-to-end (E2E) solutions, share innovative practices of green data centers in the Asia Pacific and Europe, and experience the exhibition vehicle to unveil the mystery of Outdoor PowerPOD that features one power system per container. By fully embracing the intelligent computing era, Huawei strives to power the digital era forward.

Seizing Opportunities Brought by AI and Jointly Building Green & Reliable Computing Infrastructure
At the opening speech, Charles Yang, Senior Vice President of Huawei and President of Marketing, Sales and Services, Huawei Digital Power, noted that since ChatGPT ushered in the AI era, large models keep pushing the limits of computing power and the intelligent computing industry is witnessing an unprecedented construction boom. As predicted, 100 GW will be added to the global data center installed capacity and the market value will exceed US$600 billion in the next five years.
According to Charles, with opportunities come challenges. The primary challenge concerning the data center industry is reliability and electricity. Data centers are scaling up from the MW-level to the GW-level. E2E reliability of data centers is becoming even more important than ever. In response to the opportunities, Huawei will work with customers and partners to expand the industry space.
Steering Data Centers to the AI Era with Product + Service + Ecosystem
During the summit, Sun Xiaofeng, President of Huawei Data Center Facility & Critical Power Business, delivered a speech titled “Power the Digital Era Forward. ” He stated that as AI large models are penetrating, the surging compute demands drive the expansive growth in data center.
To address the challenges, Huawei strives to build product + service + ecosystem E2E data center solutions that feature fast deployment, flexible cooling, green energy, and ultimate reliability.
Fast deployment: Data centers are fully modularized and prefabricated to ensure high quality and efficient construction.Flexible cooling: Air-liquid fusion and integrated cooling source emerges as the optimal cooling architecture for intelligent computing.Green energy: New generation-grid-load-storage integrated solution is built to ensure the sound operations of intelligent computing centers.Ultimate reliability: Data centers are safeguarded through reliable products and preventive protection.Currently, Huawei’s global service network covers more than 170 countries with over 1800 professional engineers, providing 24/7 technical support. With N+ flagship service centers, Huawei has built a one-hour service radius for its customers.
The ecosystem is a key part for a win-win future of intelligent computing. Huawei works with partners to develop comprehensive E2E solutions and provide customers with one-stop data center services.
During the summit, Huawei and the ASEAN Centre for Energy released a white paper on “Building Next Generation Data Center Facility in ASEAN.” The document provides insights into the status quo, challenges, and trends of data centers in the ASEAN region, and emphasizes that efficient and energy-saving products and solutions should be applied. It also proposes future-oriented policy recommendations for data center markets.
In the ecosystem exhibition area, Huawei showcased scenario-based solutions for large-, medium-, and small-sized data centers, and demonstrated data center consulting, design, integrated development, and delivery capabilities with dozens of ecosystem partners including CIMC, Weichai, CSCEC, and Huashi.
On a special note, the Huawei Outdoor PowerPOD exhibition vehicle made its global debut. The Huawei Outdoor PowerPOD features one power system per container, outdoor deployment, plug-and-play, and high protection rating and reliability. It has become the preferred choice for decoupling the power supply architecture.
A single tree cannot make a forest.
AI is presenting great opportunities. By delving into the industry, aggregating partner ecosystems, and making innovations applicable to transformations, Huawei will continue to help customers build reliable computing infrastructure, accelerating the industry to embrace AI and powering the digital era forward.
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View original content:https://www.prnewswire.co.uk/news-releases/congregating-in-the-lion-city-for-a-win-win-future-of-intelligent-computing-at-the-global-data-center-facility-summit-2024-302148973.html

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