March 29, 2022

TAL FINAL DEADLINE NOTICE: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages TAL Education Group Investors with Losses in Excess of $100K to Secure Counsel Before Important April 5 Deadline in Securities Class Action – TAL

NEW YORK, March 29, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of TAL Education Group (NYSE: TAL) between April 26, 2018 and July 22, 2021, inclusive (the “Class Period”), of the important April 5, 2022 lead plaintiff deadline.

SO WHAT: If you purchased TAL Education securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the TAL Education class action, go to https://rosenlegal.com/submit-form/?case_id=3137 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) TAL Education’s revenue and operational growth was the result of deceptive marketing tactics and illicit business practices that flouted Chinese laws, regulations, and policies, and exposed TAL Education to an extreme risk that more draconian measures would be imposed on TAL Education; (2) TAL Education had engaged in misleading and fraudulent advertising practices, including the provision of false and misleading discount information designed to obfuscate the true cost of TAL Education’s programs to its customers, the creation of fake customer reviews designed to fraudulently lure new customers to TAL Education programs, the misrepresentation of teacher qualifications and course qualities, and the marketing of rigged promotional events; (3) TAL Education had defied Chinese policies designed to alleviate the burden imposed by tutoring services on students and their families, including by imposing hefty advances and recurring debt payments on course enrollees, by offering courses designed to give affluent students unfair advantages, by holding courses outside of allowable tutoring hours, and by linking for-profit courses to government-mandated schooling; (4) as a result, TAL Education was subject to an extreme undisclosed risk of adverse enforcement actions, regulatory fines, and penalties, and the imposition of new rules and regulations adverse to TAL Education’s business and financial interests; and (5) consequently, TAL Education’s historical growth was not sustainable or the result of legitimate business tactics as represented, and defendants’ positive statements about TAL Education’s business, operations, and prospects were materially false and misleading and lacked a reasonable factual basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the TAL Education class action, go to https://rosenlegal.com/submit-form/?case_id=3137 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

March 29, 2022

Conagen’s Grant Award Opens New Markets for Monoclonal Antibodies

Funding from the Bill & Melinda Gates Foundation for Conagen’s Conamax platform benefits developing countries and patients globally.

Bedford, Mass., March 29, 2022 (GLOBE NEWSWIRE) — The Bill & Melinda Gates Foundation has given a grant to Conagen to support further development of its Conamax(TM) platform for the production of accessible low-cost and high-quality monoclonal antibodies, benefitting developing countries and patients globally.

The high cost of monoclonal antibody (mAb) production makes blockbuster drugs expensive, limiting the markets in which these molecules can be applied and limiting access to large patient populations in developing and industrialized countries. The reason for high production costs is, in part, intrinsic to the use of mammalian cell expression systems for antibody manufacturing.

“The Conamax platform was originally conceived to address this global unmet need, so we are thrilled to have the support of the Bill & Melinda Gates Foundation to help develop affordable antibody therapeutics,” said Casey Lippmeier, Ph.D., vice president of innovation at Conagen.

With rapid cell growth, human-compatible glycan structures, and demonstrated world-scale fermentation bioprocesses, the Conamax platform holds several advantages over Chinese Hamster Ovary (CHO) cell lines and other mammalian expression systems, as well as other microbial platforms.

The foundation grant funds the bench-scale development of a proof-of-concept study of a continuous purification process, customized to inputs from Conamax and potentially other microbial host organisms. With large-scale advancements, Conagen envisions that this process will be capable of continuously purifying mAbs from material generated in bioreactors with volumes greater than 250,000 liters.

As a significant advantage, the process will not require expensive binding proteins or other expensive column purification steps. This process will enable economies of scale which are not accessible to CHO or other mammalian-derived cell systems while also providing rapid, high-throughput purification of large amounts of antibody.

“Incumbent antibody manufacturing and purification processes based on Chinese Hamster Ovary (CHO) cell lines have brought tremendous advancements to biopharmaceuticals,” said Lippmeier. “However, CHO cell systems are comparatively low volume, expensive, and do not enable low cost and efficient purification of large amounts of antibodies.”

According to McKinsey, in 2019, global sales revenue for all mAb drugs was nearly $163 billion, representing about 70% of the total sales for all biopharmaceutical products, approximately $230 billion. That is about a 50% growth in sales and proportion since 2013, when it was $75 billion.

Continued growth in sales of currently approved mAb products, along with more than 1,200 mAb product candidates currently in development — many for multiple indications — will continue to drive the overall sales of all biopharmaceutical products.

“We’re unlocking the way to make drugs more affordable and, while doing so, opening additional markets for biologics,” said Lippmeier.

###

About Conagen
Conagen is a product-focused synthetic biology R&D company with large-scale manufacturing service capabilities. Our scientists and engineers use the latest synthetic biology tools to develop high-quality, sustainable, nature-based products by precision fermentation and enzymatic bioconversion. We focus on the bioproduction of high-value ingredients for food, nutrition, flavors and fragrances, pharmaceutical, and renewable materials industries. www.conagen.com

Attachment

Conagen’s Grant Award Opens New Markets for Monoclonal Antibodies

Ana Arakelian, head of public relations and communications
Conagen
+1.781.271.1588
ana.arakelian@conagen.com

March 29, 2022

‫شیئر اٹ ایپس فلائر کے پرفارمنس انڈیکس 14 میں نان گیمنگ گلوبل ان-ایپ خریداری چلانے والے ٹاپ 5 میڈیا ذرائع میں شامل

سنگاپور، 29 مارچ 2022 /پی آر نیوز وائر/ – عالمی ٹیکنالوجی کمپنی شیئر اٹ گروپ نے، آج اعلان کیا ہے کہ اس کی ڈیجیٹل مواد کی شیئرنگ اور اسٹریمنگ ایپ شیئر اٹ نان گیمنگ کیٹگریز میں حجم اور پاور رینکنگ میں عالمی سطح پر نمبر 4 میڈیا سورس اور ان – ایپ خریداری (آئی اے پی) انڈیکس میں تمام کیٹیگریز میں نمبر 7 پر رہا ہے جو ترقی کے ایک اور سنگ میل کی نشان دہی کرتا ہے۔ اس نے بڑے والیم کو چلانے کے لئے تمام زمروں میں عالمی ریٹینشن انڈیکس میں نمبر 8 درجہ حاصل کیا ہے۔

شیئر اٹ عالمی سطح پر ریٹینشن اور ان ایپ خریداری انڈیکس پر گیمنگ کیٹیگریز میں بھی اعلی درجہ بندی پر پہنچ گیا ہے جس نے جنوب مشرقی ایشیا میں کیژوول اور مڈکور گیمنگ جیسی کیٹیگریز میں تقسیم کیا ہے۔ یہ رینکنگ ایپس فلائر کی جانب سے فراہم کی گئی ہے جو مارکیٹنگ پیمائش اور تجربے کا پلیٹ فارم ہے جس نے رواں ہفتے اپنے پرفارمنس انڈیکس کا 14 واں ایڈیشن جاری کیا ہے جس میں موبائل ایڈورٹائزنگ میں میڈیا کے اعلیٰ ذرائع شامل ہیں۔ لاطینی امریکہ اور جنوب مشرقی ایشیا جیسی مارکیٹوں میں مالی سرمایہ کاری میں تیزی کو اجاگر کرتے ہوئے شیئر اٹ پہلی بار ریٹینشن انڈیکس میں ٹاپ 3 میں شامل ہے اور فنانس انویسٹمنٹس والیوم کیٹیگری کے تحت ایچ- 1 2021 کے مقابلے میں آئی اے پی انڈیکس میں ٹاپ 5 میں اپنی پوزیشن برقرار رکھے ہوئے ہے۔

شیئر اٹ موبائل مارکیٹرز کے لئے پسندیدہ مارکیٹنگ پلیٹ فارم بن گیا ہے کیونکہ وہ معیاری صارفین اور برانڈنگ کو آگے بڑھانا چاہتے ہیں، اور یہ درجہ بندی ماحولیاتی نظام کو بڑھانے میں ایپ کے کردار کو اجاگر کرتی ہے۔ شیئر اٹ دنیا بھر میں گیمنگ اور فنٹیک اسپیس سے لے کر اسٹارٹ اپ تک معروف کمپنیوں یعنی بڑے کاروباری اداروں کی ترقی میں مدد کر رہا ہے۔ معروف میڈیا پبلشر رکاوٹوں کو توڑ کر اور محروم افراد تک رسائی فراہم کرکے جنوب مشرقی ایشیا جیسی ابھرتی ہوئی مارکیٹوں میں ڈیجیٹل اور مالی شمولیت کو آگے بڑھانا چاہتا ہے۔ جیسا کہ ان مارکیٹوں میں ڈیجیٹل انفرااسٹرکچر کی بنیادی پلمبنگ، آن لائن اور آف لائن پلیٹ فارم نے ڈیجیٹل خدمات کی رسائی اور استطاعت میں اضافہ کیا ہے، اور وقت کے ساتھ ساتھ بڑے پیمانے پر اعتماد حاصل کیا ہے کیونکہ صارفین تیزی سے نئی ایپس سے فائلوں کی شیئرنگ جاری رکھتے ہیں، مثال کے طور پر، وہ لوگ جو اپنی بینکنگ اور مالی ضروریات کو پورا کرتے ہیں جیسے کہ موبائل گیمز اور اپنی کمیونٹی کے اندر سفارشات۔

شیئر اٹ گروپ کے پارٹنر اور گلوبل نائب صدر کرم ملہوترا کا کہنا ہے کہ موبائل گیمنگ اور ڈیجیٹل ادائیگیاں دنیا بھر کی ابھرتی ہوئی مارکیٹوں میں دیکھنے کے لئے دو اہم رجحانات ہیں اور ہم ان کو مزید آگے بڑھانے کے لئے پرجوش ہیں۔ 2021 میں گیمنگ ایپس میں صارفین کے اخراجات میں 16 فیصد اضافہ ہوا اور دنیا بھر میں یہ 116 ارب ڈالر تک پہنچ گیا۔ سمارٹ فونز لاطینی امریکہ، افریقہ اور جنوب مشرقی ایشیا جیسے جغرافیہ کے ساتھ عالمی فنٹیک تیزی کو آگے بڑھا رہے ہیں جس میں نیو بینکس، صارفین کو قرض دینے والی فرمز، ادائیگیوں کی کمپنیوں کا اضافہ دیکھنے میں آ رہا ہے۔ انہوں نے مزید کہا کہ بڑے پیمانے پر امکانات کے پیش نظر ہم گیمنگ ایپس اور مالیاتی اداروں کے ساتھ بڑے پیمانے پر کام کر رہے ہیں تاکہ انہیں ابھرتی ہوئی مارکیٹوں میں ڈیجیٹل مقامی لوگوں کو ٹیپ کرنے میں مدد مل سکے۔انہوں نے کہا کہ دنیا میں گیمنگ اور فنٹیک برانڈز کے لئے ایپ خریداری میں ڈرائیونگ کرنے والے ایک معروف میڈیا پبلشر کی حیثیت سے ہم ماحولیاتی نظام کو بڑھانے اور ڈیجیٹل عادات اور طرز زندگی کی تبدیلی کو بڑھاوا دینے پر توجہ مرکوز کر رہے ہیں۔

شیئر اٹ کی بنیادی خاصیت پیئر ٹو پیئر فائل ٹرانسفر ہے، جس سے صارفین فعال انٹرنیٹ یا بلوٹوتھ کنکشن استعمال کیے بغیر فائلوں، تصاویر، موسیقی اور دیگر ڈیوائسز کے ساتھ شیئر کر سکتے ہیں۔ گوگل پلے کے پہلے ایپ چینل پارٹنرز میں سے ایک ہونے کی وجہ سے یہ پیئر ٹو پیئر آف لائن ایپ شیئرنگ کے ساتھ محفوظ ایپلی کیشن ٹرانسفر کو بھی یقینی بناتا ہے۔

تیز رفتار فائل شیئرنگ فیچر کے علاوہ شیئر اٹ اپنے صارفین کو دیگر ٹول ایپس ڈاؤن لوڈ کرنے کی ضرورت کو ختم کرکے اپنی ڈیوائسز پر میموری اسپیس محفوظ کرنے میں بھی مدد کرتا ہے۔ ایپ کے اضافی فیچرز میں فون کلینر، فون بوسٹر، بیٹری سیور، فائل منیجر اور گیم ریسورس فائلز ٹرانسفر شامل ہیں – ان سب کا ہدف صارفین کو ایک بہترین اسمارٹ فون تجربہ فراہم کرنا ہے۔

شیئر گروپ نے ادائیگیوں کا عالمی حل، پیئر میکس شروع کیا ہے جو ایک محفوظ، قابل اعتماد اور آسان ادائیگی کا ماحول بنانے کے لیے پرعزم ہے۔ وہ ابھرتی ہوئی مارکیٹوں میں لوگوں کی خریداری کے مواقعوں میں ضم ہونے میں مدد دے کر دنیا بھر کے کاروباری اداروں کو ترقی کرنے کے لئے بااختیار بنانے پر کام کر رہے ہیں اور اس کے ساتھ ساتھ خریداروں کے بہتر تجربے کا باعث بن رہے ہیں۔

آگے بڑھتے ہوئے، شیئر اٹ اپنے موثر اور کھلے نظامی حل کے ذریعے تجارتی اشتہاری بند لوپ فراہم کرنے کے لئے اشتہاری پلیٹ فارم اور عالمی ادائیگی کے حل کو مربوط کرنے کی کوشش کر رہا ہے۔

شیئر اٹ گروپ کے بارے میں

شیئر اٹ گروپ ایک عالمی ٹیکنالوجی کمپنی ہے جس نے دنیا بھر میں تقریبا 2.4 بلین صارفین کی جانب سے انسٹال ایپلی کیشنز کا متنوع سوٹ بنایا ہے جس میں کور ایپ شیئر اٹ بھی شامل ہے۔ یہ یوٹیلیٹی اسپیس میں مقبول ٹولز سے لے کر ڈیجیٹل تفریحی مواد کی ایپلی کیشنز تک ہیں۔ شیئر اٹ گروپ کا کاروباری نیٹ ورک 45 مختلف زبانوں میں 150 سے زائد ممالک تک پہنچتا ہے۔ شیئر اٹ کا مقصد برانڈز کو اپنے کاروباری اہداف اور اعلی ترین معیار کے بلا روک ٹوک ڈیجیٹل مواد تک رسائی حاصل کرنے میں مدد کرنا ہے۔

مزید معلومات کے لیے، براہ کرم ملاحظہ کریں: www.ushareit.com

آپ ایپس فلائر پرفارمنس انڈیکس – ایڈیشن 14 یہاں دیکھ سکتے ہیں:

https://www.appsflyer.com/resources/reports/performance-index

March 29, 2022

SHAREit Amongst The Top 5 Media Sources Driving Non-Gaming Global In-App Purchases In AppsFlyer’s Performance Index 14

SINGAPORE, March 29, 2022 /PRNewswire/ — SHAREit Group, a global technology company, today announced that its digital content sharing and streaming app SHAREit, has been ranked No.4 media source globally in volume and power rankings in non gaming categories and No.7 in all categories on the In-App purchases (IAP) index, marking another growth milestone. It also ranked at No.8 on the global retention index across all categories for driving huge volumes.

SHAREit also jumped to higher rankings in gaming categories on the Retention and In-App purchases index globally, having broken into categories such as Casual and Midcore gaming in Southeast Asia. The rankings are provided by AppsFlyer, a marketing measurement and experience platform which released the 14th edition of their Performance Index this week, featuring the top media sources in mobile advertising. Underscoring the financial investment boom in markets like Latin America and Southeast Asia, SHAREit for the first time ranks amongst the Top 3 on the Retention index and retains its position amongst the top 5 on the IAP index when compared to H1 2021, under the Finance-Investments volume category.

SHAREit has become a marketing platform of choice for mobile marketers as they look to drive quality users and branding, and these rankings underscore the app’s role in growing the ecosystem. SHAREit is supporting the growth of leading companies – big enterprises to startups – from gaming and fintech space across the globe. The leading media publisher seeks to drive digital and financial inclusion in the emerging markets like Southeast Asia by breaking down the barriers and providing access to the underserved. As the foundational plumbing of the digital infrastructure in these markets, the online and offline platform has enhanced reach and affordability of digital services, and over a period of time gained massive trust as users continue sharing files at fast speeds, new apps – for example, those catering to their banking and finance needs – mobile games and recommendations within their community.

“Mobile gaming and digital payments are two key trends to watch in the emerging markets around the globe and we are excited to propel these even further. Consumer spend in gaming apps surged 16% in 2021 to reach a staggering $116 billion worldwide. Smartphones are driving a global fintech boom with geographies like Latin America, Africa and Southeast Asia seeing the rise of neobanks, consumer lending firms, payments companies. Given the massive potential, we are working extensively with gaming apps and financial institutions to help them tap into the digital natives in the emerging markets,” says Karam Malhotra, Partner and Global Vice-President at SHAREit Group. “As a leading media publisher driving in app purchases for gaming and fintech brands in the world, we are focused on growing the ecosystem and fueling the transformation of digital habits and lifestyle.”

SHAREit’s primary feature is the peer to peer file transfer, allowing users to share files, pictures, music, and more, with other devices without using an active internet or Bluetooth connection. Being one of the first app channel partners of Google Play, it also ensures secure application transfers with Peer-to-Peer Offline App Sharing.

Besides the high-speed file sharing feature, SHAREit also helps its users to save memory space on their devices by eliminating the need to download other tool apps. The additional features of the app include Phone Cleaner, Phone Booster, Battery Saver, File Manager and Game Resource Files Transfer – all targeted to provide an optimized smartphone experience to the users.

SHAREit Group has launched a global payments solution, PayerMax, which is committed to building a secure, reliable, and convenient payment environment. They are working on empowering businesses around the globe to grow by helping them integrate into the purchase avenues of people in the emerging markets, and at the same time leading to a better buyer experience.

Going forward, SHAREit is looking to integrate the advertising platform and global payment solutions to deliver a commercial advertising closed loop through its efficient and open systemic solutions.

About SHAREit Group

SHAREit Group is a global technology company that has built a diversified suite of applications installed by nearly 2.4 billion users worldwide, including the core app SHAREit. These range from popular tools in the utility space to digital entertainment content applications. SHAREit Group’s business network reaches over 150 countries in 45 different languages. SHAREit aims to help brands achieve their business goals and users to access seamless digital content of the highest possible quality.

For more information, please visit www.ushareit.com

You may view the AppsFlyer Performance Index – Edition 14 here: https://www.appsflyer.com/resources/reports/performance-index/

March 29, 2022

LeddarTech Will Unlock the Value of Raw Data Fusion and Perception at Automotive Tech.AD Berlin (Germany) on April 3-5, 2022

Environmental perception technology for safer autonomous driving with better detection

QUEBEC CITY, March 29, 2022 (GLOBE NEWSWIRE) — LeddarTech^®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce its participation at Automotive Tech.AD Berlin at the Titanic Chaussee Hotel Berlin as an exhibitor and keynote speaker.

April 4-5, 2022: LeddarTech’s LeddarVision™ Demonstrator Space (live and virtual)

Join the LeddarTech team for real-world demonstrations of LeddarVision. The only sensor fusion and perception software using raw data fusion that simplifies complex sensor sets eliminates the dependency on hardware and provides customers the flexibility to quickly scale solutions across vehicle models, delivering greater ADAS and AD performance.

Meet the CTO of LeddarTech, Pierre Olivier, a pioneer in sensing with over 30 years of experience presenting at these events during the conference:

Sunday, April 3, 2022, 19:45 – 23:00 CET: Icebreaker Session

Topic: The Road to Full Automation – Progress and Challenges

Monday, April 4, 2022, 10:00 – 10:30 CET: Presentation

Topic: Sensing and Perception Technology – Solutions That Solve Critical Sensing Challenges

Learn about LeddarVision, a raw-data sensor fusion and perception platform that generates a comprehensive 3D RGBD environmental model with multi-sensor support for camera, radar and LiDAR configurations. This software-centric solution delivers superior perception performance exhibited through path planning, free space detection and enhanced object detection, tracking and classification.

About Automotive Tech.AD Berlin

Tech.AD Europe fuels you with new ideas, connections and inspiration. This event is directed at advanced engineers and automotive experts from OEMs, Tier 1s, automotive suppliers, solution providers and leading research institutes focusing on AI + machine learning, sensor and perception technologies, software architectures and AV platforms, testing and validation, commercial vehicles and early deployment, connectivity and 5G, infrastructures and smart cities, safety and security and more. Join over 500 of the most influential technical autonomous vehicle experts and executives in Berlin and online! Join LeddarTech either in person or digitally by registering today at https://www.autonomous-driving-berlin.com/.

About LeddarTech

Founded in 2007, LeddarTech is a comprehensive end-to-end environmental sensing company that enables customers to solve critical sensing, fusion and perception challenges across the entire value chain. LeddarTech provides cost-effective perception solutions scalable from Level 2+ ADAS to Level 5 full autonomy with LeddarVision™, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types and configurations. LeddarTech also supports LiDAR manufacturers and Tier 1-2 automotive suppliers with key technology building blocks such as LeddarSteer™ digital beam steering and the LiDAR XLRator™, a development solution for automotive-grade solid-state LiDARs based on the LeddarEngine™ and core components from global semiconductor partners. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 100 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232
daniel.aitken@leddartech.com

Investor Relations contact : InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, LeddarEcho, VAYADrive, VayaVision, XLRator and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

March 29, 2022

Synchronoss Personal Cloud Enables Kitamura’s PicStorage Service

Multimedia Retailer to Offer PicStorage Cloud Solution to Millions of Customers

BRIDGEWATER, N.J., March 28, 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that Kitamura, the leading multimedia retailer in Japan, has launched a white-label version of the Synchronoss Personal Cloud under the name PicStorage.

Kitamura is one of Japan’s leading retailers offering image-related services and products, including cameras, photo printing, video dubbing, photo studio, photo books and more. The retailer has over 1,000 retail locations across the country with over 20 million paying visitors each year and approximately 10 million consumers registered in its online services. Through this integration, Kitamura will be able to provide seamless online and retail experiences with the new PicStorage personal cloud offering.

“In addition to our carrier and service provider partners, Synchronoss is exploring new applications for our cloud platform,” said Yosuke Morioka, General Manager, Synchronoss Japan. “Our collaboration with Kitamura and their launch of PicStorage is just one example of how the Synchronoss Personal Cloud can be leveraged as a value-add service across multiple industries and verticals. “

Kitamura will offer PicStorage as a subscription-based service. It will include a branded app and access to an online portal to store, manage, and share digital content.

“The launch of PicStorage is a perfect extension of our product and services portfolio,” said Hajime Yanagisawa, Chief Digital Officer & Managing Executive Officer, Kitamura. “Now millions of our customers will be able to safeguard their digital content in the cloud and share them with friends and family. PicStorage allows the customer to experience new ways to organize and enjoy their photos and memories. Kitamura will continue to expand this service with photo related services that will enhance the customer experience.”

In addition to Kitamura, Synchronoss has customers in the US, Europe, and Asia, including Verizon, AT&T, Tracfone, Assurant, Allstate Protection Plans, Telkomsel, BT, Proximus and SFR.

About Kitamura
Kitamura is a leading company of photographic and video-related products and services in Japan. The company owns Japan’s largest in-house laboratories (photo and video processing factories) and delivers its services and products via more than 1,000 retail stores nationwide and online. It is the company’s mission to provide services to shape customer memories not only at that moment but also for decades to come, restore photos, and revive precious memories.

About Synchronoss

Synchronoss Technologies (Nasdaq: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services, and content they love. That’s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at www.synchronoss.com.

Media Relations Contact:
Domenick Cilea
Springboard
dcilea@springboardpr.com

Investor Relations Contact:
Matt Glover / Tom Colton
Gateway Group, Inc.
SNCR@gatewayir.com