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WiMi Developed a Motor Imagery Brain-computer Interface Based on Multi-source Signal Processing

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BEIJING, Nov. 6, 2023 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that a motor imagery brain-computer interface (MI-BCI) based on multi-source signal processing has been developed.

WiMi’s MI-BCI development aims to overcome the challenges of traditional BCI systems, which include signal noise, poor classification accuracy, and other issues. By introducing a multi-source signal processing approach, this innovative technology enables more accurate brain signal parsing and processing, providing users with higher control accuracy and wider application potential. This technology is expected to lead to the next important milestone in the field of BCI. Its main features and key technology points:

Multi-source signal processing: The technology employs an advanced multi-source signal processing method that utilizes multiple sources of EEG signals, not just channel signals. This means it can capture and interpret brain activity more accurately, which improves the performance of the system.

Common spatial patterns (CSP): In the early stages of signal processing, CSP algorithms are applied to each sub-band to optimize the extraction of signal features. CSP is widely used in the field of BCI and helps to maximize the differentiation of different types of brain signals.

Blind source separation (BSS): The BSS is used to identify and separate unknown and independent sources in a mixed signal. This step helps to eliminate noise and artifacts and improves the reliability of the system.

ICA-based channel identification: This technology uses an algorithm based on independent component analysis (ICA) to identify and eliminate defective signal channels to reduce the impact of inefficient input signals on system performance.

Bayesian discriminant and linear discriminator based analysis (LDA) clustering algorithms: These advanced classification algorithms are used to improve the classification performance of the system, especially when dealing with human error in subjects. They help to improve the system’s ability to recognize and classify different brain signals.

WiMi brings unprecedented accuracy and stability to BCI systems. This technology will provide users with a wider range of control and interaction capabilities, which is potentially important not only for the medical field, but also opens up new possibilities in areas such as virtual reality, gaming, and smart homes. For example, people with disabilities could more easily control electronic devices, gamers could realize a more intuitive gaming experience, and researchers could study brain activity in greater depth. This technology will advance the field of brain-computer interfaces and bring great potential to a variety of application areas.

The implementation approach and system framework of WiMi’s MI-BCI based on multi-source signal processing requires in-depth technical knowledge and engineering design. Technology realization approach:

Signal acquisition: The first task is to acquire EEG signals. This can be accomplished with an electroencephalogram (EEG) electrode array, usually placed on the scalp. However, a multi-source signal processing approach will consider multiple signal sources, including EEG, functional magnetic resonance imaging (fMRI), magnetoencephalography (MEG), etc., to capture brain activity information more comprehensively.

Signal preprocessing: Acquired signals often contain noise and interference and require preprocessing to clean up the data. This includes steps such as filtering, noise removal, and time/frequency domain transformations to ensure the quality of the input data.

Multi-source signal integration: Integrating signals from different sources into a unified data representation. This can be achieved by aligning and normalizing data from different signal sources for subsequent processing.

CSP: A CSP algorithm is applied to further enhance the characterization of brain signals. CSP is a supervised learning algorithm designed to maximize the distinction between brain signals with different motor imagery, thereby improving classification accuracy. CSP can be applied to every signal source.

BSS: The BSS technique is used to identify and separate unknown and independent sources in a mixed signal. This step helps to eliminate noise and artifacts, further improving the quality of the signal.

Feature extraction and selection: Features related to the motion imagery are extracted from the multi-source signals. This may include frequency domain features, time domain features, etc. Feature selection algorithms can also be used to reduce computational complexity and improve classification performance.

Classifier training and testing: A classifier is trained using a training dataset, e.g., support vector machines (SVMs), deep learning models, etc. The trained classifier can be used to map brain signals to specific motor imagery or actions.

Real-time feedback or applications: The final system could provide real-time feedback, connecting the user’s brain signals to external devices or applications. This could include controlling a smart wheelchair, movement in a virtual reality environment, game control, etc.

The system of this MI-BCI based on multi-source signal processing can be divided into the following key modules:

Signal acquisition: This is used to acquire EEG signals from different sources and ensure high quality data acquisition.

Signal preprocessing: This is used for noise removal, filtering, and data cleanup to be ready for the next step in processing.

Multi-source signal integration: Data from different signal sources are integrated into a consistent data representation.

Feature extraction and selection: This module is responsible for extracting and selecting the most relevant features from the integrated multi-source signal.

Classifier: The classifier module is used to train and test machine learning classifiers that map brain signals to specific motor imagery or actions.

Real-Time Feedback Module: The system can use the classification results for real-time feedback to connect the user’s brain signals to external devices or applications, realizing the goal of brain-computer interfaces.

The successful operation of the entire system relies on highly sophisticated signal processing and machine learning to ensure high accuracy and real-time performance. At the same time, the system needs to consider user-friendliness and safety to meet the needs of different application scenarios. WiMi’s MI-BCI based on multi-source signal processing has a wide range of market value and application space in the fields of healthcare and rehabilitation, virtual reality, entertainment field, scientific research, and intelligent assistive devices.

In healthcare, this technology can help patients who have lost limb function to rebuild their motor ability and improve their quality of life. It can be used in rehabilitation to help paralyzed patients with limb movement. BCI can be used to treat Parkinson’s disease, spinal cord injuries, strokes and other neurological disorders by stimulating or modulating brain activity to improve symptoms.

The technology can also enhance the interactivity and immersion of virtual reality games, enabling players to control characters and actions in the game world with their brains. And, it can be used to develop smart games that adjust their difficulty based on the player’s brain activity, providing a more challenging and personalized gaming experience. In the field of smart assistive devices, BCI can provide a new means of communication for those who are unable to use conventional communication devices due to disability or illness. In addition, BCI can be used to control smart home devices that enable people with disabilities to live autonomously, such as controlling lights, TVs, and motorized curtains.

WiMi’s MI-BCI based on multi-source signal processing represents a major breakthrough in BCI which is expected to improve the quality of life of users, provide more autonomy and convenience, and also promote the development of BCI to open up a new future. The implementation and application of this technology will change the way we live and work.

About WIMI Hologram Cloud
WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements
This press release contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company’s strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

 

Source : WiMi Developed a Motor Imagery Brain-computer Interface Based on Multi-source Signal Processing

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Bing Ventures Presents Ethereum 2030, Devconnect’s Premier Event

Bing Ventures Presents Ethereum 2030, Devconnect’s Premier Event

SINGAPORE – News Direct – 6 November 2023 – Bing Ventures, a Singapore-based pioneering venture capital firm backing early projects in Web3 and Blockchain, is joining hands with leading crypto exchange BingX to present Ethereum 2030: Unraveling Tomorrow’s Innovations, a premier event during Devconnect 2023 on Wednesday, November 15, 2023, at 2:00 pm GMT+3 in Istanbul.

Ethereum 2030 will bring together industry heavyweights, visionaries, and trendsetters for a half-day of engaging keynote speeches, in-depth panel discussions, valuable networking opportunities, and audience engagement – all focused on inspiring and nurturing entrepreneurs for a new era of innovation.

The event will be held at Sofitel Istanbul Taksim, which sits in the heart of the city, with unique views of Taksim Square and the mesmerizing Bosphorus and has the capacity to welcome up to 1,000 attendees.

The agenda covers various topics, including decentralized finance, Ethereum scalability, Web3 security, and the crypto landscape in Turkey.

Ethereum 2030, a Devconnect 2023 event

Featured speakers include:

  • Yajin (Andy) Zhou, CEO of Blocksec
  • Azeem Khan, Head of Impact at Gitcoin
  • Jack He, Co-founder at Aspecta
  • Bertuğ Oymak, Co-Founder and CEO of Utilify
  • Dougie DeLuca, Investor at Figment Capital
  • Fatih Taşdemir, Co-Founder of Koin Bülteni
  • Volkan KORKMAZ, CEO and Co-Founder at Altcointurk
  • Luca (Moss) Mossini, BD at Avantgarde & Enzyme Finance
  • Seraphim Czecker, Head of Taking Risk
  • Varuni Trivedi, Editor in Chief at Voice of Crypto
  • Anıl Öz, Chief Technology Officer at DATS Project
  • Arif Kalem, Brand Ambassador of Turkey at BingX
  • Özge ERDEMİR, Web3 Advisor, Business Developer
  • Sima Baktas, Web3 Attorney at GlobalB Law / Co-Founder of CryptoFemale
  • Daria Krasnova, Managing Editor at BeInCrypto

    Wayne Wu, Partner of Bing Ventures highlighted the purpose of the conference, saying:

    “As the largest and most established decentralized programmable blockchain in the world, Ethereum has been at the forefront of ground-breaking trends. We’re thrilled to convene a diverse gathering of international and local industry participants to share knowledge, exchange ideas, and inspire one another to push the boundaries of Ethereum.”

    The event is supported by event partners including Bankless Ventures, Figment Capital, Gitcoin, OneKey, Cedro Finance, Aspecta, Alchemy Pay, CryptoFemale, and Altcointurk, as well as media partners including Cointelegraph, BeinCrypto, Voice of Crypto, Bitcoin Insider, Unlock Blockchain, PANews, Coinpedia, Koinbülteni, and Muhabbit.

    To learn more and register for the free event, please visit: https://Ethereum2030.eventbrite.sg

    Contact Details
    Bing Ventures
    Jenny Liu
    +86 159 2140 1005
    [email protected]

    Company Website
    https://www.bing-ventures.com/

    Hashtag: #BingVentures

    The issuer is solely responsible for the content of this announcement.

    About Bing Ventures

    is a pioneering venture capital firm that backs startups and entrepreneurs driving the next wave of Web3 and blockchain innovations. Its team of crypto veterans and natives collectively brings decades of experience in investing in, incubating, developing, and marketing Web 3.0 projects. With a sector-agnostic, value-investing approach, it now has a portfolio spanning infrastructure, DeFi, GameFi, DAOs, Web3, and more.

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    This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.

    Epidemiology and Genetics of Clonal Hematopoiesis, a Premalignant Hematopoietic Stem Cell Condition

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    REYKJAVIK, Iceland, Nov. 6, 2023 /PRNewswire/ — A comprehensive new study from deCODE genetics, a subsidiary of Amgen, published today in Nature Genetics, provides insights into the epidemiology and somatic and germline genetics of clonal hematopoiesis. Whole genome sequence data from Iceland and the UK Biobank, combined with a unique somatic mutation Barcoding strategy, was used to investigate clonal hematopoiesis at the population scale.

     


    Simon N. Stacey, scientist at deCODE genetics and first author on the paper „Epidemiology and Genetics of Clonal Hematopoiesis, a PremalignantHematopoietic Stem Cell Condition“ talks to Kari Stefánsson CEO of deCODE genetics.

     

    Clonal hematopoiesis is a condition that arises when a single clonal lineage of hematopoietic stem cells (HSC) expands and becomes the source of a substantial proportion of mature blood cells. The deCODE scientists used whole-genome sequence data from over 176,000 people to detect clonal hematopoiesis in more than 16,000 subjects. The study reaffirmed that clonal hematopoiesis is very common in the elderly, approaching 50% in people over 80 years old. People with clonal hematopoiesis have an increased risk of being diagnosed subsequently with hematological neoplasia, and they have higher mortality rates. Clonal hematopoiesis had previously been claimed to be involved in a broad spectrum of nonhematological conditions ranging from carcinomas to cardiovascular disease. The study showed that smoking accelerates the development of clonal hematopoiesis in a dose-dependent manner and that all the associated nonhematological diseases are likely tied to smoking behaviour. The study found evidence of mutations that occur in HSC that can drive their clonal expansion. Moreover, the investigators found 25 inherited sequence variants that predispose individuals to develop clonal hematopoiesis. The deCODE scientists developed a method for detecting clonal hematopoiesis based on whole genome sequence. This method relies on the fact that every clone carries a unique "barcode" of mutations that arose somatically during development and were present in the founder cell at the inception of the clone. If a particular HSC clone expands sufficiently, then this barcode of mutations can be detected by sequencing and provides an indicator that the subject has clonal hematopoiesis. Clonal hematopoiesis has many of the hallmarks of a premalignant expansion of cell clones with a potential to become cancerous. Indeed, people with clonal hematopoiesis are at increased risk of hematological neoplasia and early death. Surprisingly, while some of the increased mortality was due to hematological neoplasia, much of it could be attributed to smoking-related diseases. Clonal hematopoiesis was found to increase risk of being diagnosed with not only hematological neoplasia, but also chronic obstructive pulmonary disease, lung cancer, peripheral artery disease, emphysema and alcohol abuse. The study did not, however, find evidence supporting the widely reported association of clonal hematopoiesis and cardiovascular disease. Smoking was found to have a dose-dependent effect on clonal hematopoiesis and probably accelerates its development as people age. This suggests that clonal hematopoiesis is in some respects a smoking marker and that nonhematological disease associations are essentially a result of smoking behaviour and advanced age. The study then investigated the genetic underpinnings of clonal hematopoiesis, focusing first on mutations that might occur in the HSCs, giving them a selective advantage allowing them to take over the bone marrow and hematopoiesis. They find several of these so-called driver mutations, many of which have known involvement in myeloid and lymphoid neoplasia. However, most HSC clones do not have an obvious driver mutation and why they expand remains a mystery. Turning to inherited variants that predispose people to getting CH, deCODE found altered genes at 25 such loci. These variants were in some instances shown to affect gene expression, splicing or levels of plasma proteins connected with CH. The variants tend to also affect blood cell counts, myeloproliferative neoplasia and leukocyte telomere length. Overall, the study has provided substantial insights into the genetics and epidemiology of clonal hematopoiesis.

    Based in Reykjavik, Iceland, deCODE is a global leader in analyzing and understanding the human genome. Using its unique expertise and population resources, deCODE has discovered genetic risk factors for dozens of common diseases. The purpose of understanding the genetics of disease is to use that information to create new means of diagnosing, treating and preventing disease. deCODE is a wholly-owned subsidiary of Amgen (NASDAQ:AMGN).

     

    Video – https://mma.prnasia.com/media2/2265753/deCODE_genetics.mp4

     


    Simon N. Stacey, scientist at deCODE genetics and first author on the paper and Kári Stefánsson CEO of deCODE genetics

     

     

    Source : Epidemiology and Genetics of Clonal Hematopoiesis, a Premalignant Hematopoietic Stem Cell Condition

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    AIRS Medical inks partnership agreement with FONAR Corporation, leveraging the experience of the pioneering company in MRI… Success cases to be presented at RSNA 2023

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    SEOUL, South Korea, Nov. 7, 2023 /PRNewswire/ — AIRS Medical, the leading AI-powered healthcare solution provider, recently announced a strategic partnership with FONAR Corporation (NASDAQ:FONR), the pioneer company in the MRI industry, to accelerate and develop business in North America.

    AIRS Medical’s product SwiftMR™ enhances the quality of MRI images through fine-tuned deep learning technology. SwiftMR™ can reduce MRI scan times by up to 50% while enhancing image quality using AI-powered denoising and sharpening. FONAR, founded in 1978, introduced the first commercial MRI scanner in 1980. Today its signature product is the 0.6T UPRIGHT® MRI. The FONAR UPRIGHT® acquires MR images in an open magnet that accommodates a wide variety of static and dynamic patient postures, including sitting; standing; upright flexion, extension, lateral bending, and rotation; as well as recumbent.

    Through this partnership with FONAR, AIRS Medical has expanded the application of SwiftMR™ beyond 1.5T and 3.0T MRIs to include lower-field MRI scanners, securing access to an expanded market segment. Kevin Yang, Head of AIRS Medical’s U.S. Operations & Clinical Research said, "AIRS Medical looks forward to the strategic partnership with FONAR. The combined efforts of both parties will accelerate our growth and strengthen our North American business capabilities. We expect that this agreement, leveraging FONAR’s 45 years of expertise and capabilities, will bolster various aspects of our business operations in the U.S. market for SwiftMR™, including sales, marketing, and even research collaborations."

    Under the slogan "Breaking the common belief of MRI through AI," AIRS Medical will showcase a range of cutting-edge AI healthcare technologies and advancements at RSNA 2023. A noteworthy development this year is clearance from the US FDA to expand the application of SwiftMR™ to all body parts, all pulse sequences, and all scanner models with 0.25T, 0.6T, 1.5T, and 3.0T.

    In addition, AIRS Medical will showcase two accepted research abstracts and host two AI Theater Presentations. Yangsean Choi, MD, will discuss clinical applications and on-going research using SwiftMR™ in neuroradiology. John Greenhalgh, Ph.D., Vice President of Research and Development at FONAR Corporation, will share his experience successfully implementing SwiftMR™ in FONAR’s UPRIGHT® MRI systems. Both talks will be held at the RSNA AI Theater. Details can be found here. Please be sure to visit us at RSNA Booth #4552.

     

    Source : AIRS Medical inks partnership agreement with FONAR Corporation, leveraging the experience of the pioneering company in MRI… Success cases to be presented at RSNA 2023

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    Creditor update in relation to certain notes issued by Vedanta Resources Finance II Plc

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    US$1,000,000,000 13.875% NOTES DUE 2024 (ISIN: USV9667MAA00 (Regulation S) AND US92243XAD30 (Rule 144A)) (THE "2024 GUARANTEED NOTES"); AND

    US$1,200,000,000 8.95% NOTES DUE 2025 (ISIN: USG9727HAD62 (Regulation S) AND US92243XAE13 (Rule 144A)) (THE "2025 GUARANTEED NOTES", TOGETHER WITH THE 2024 GUARANTEED NOTES, THE "GUARANTEED NOTES")

    EACH ISSUED BY VEDANTA RESOURCES FINANCE II PLC AND GUARANTEED BY TWIN STAR HOLDINGS LIMITED, WELTER TRADING LTD AND VEDANTA RESOURCES LIMITED (TOGETHER WITH ITS SUBSIDIARIES, THE "COMPANY")

    LONDON, Nov. 6, 2023 /PRNewswire/ — On 28 September 2023, Cleary Gottlieb Steen & Hamilton LLP ("CGSH") sent a letter (the "28 September Letter") to the Company on behalf of a group of investors (the "Ad Hoc Group") holding nearly 25% of the 2024 Guaranteed Notes and nearly 25% of the 2025 Guaranteed Notes. The Ad Hoc Group is also in close contact with other large holders of the Guaranteed Notes who have institutional impediments to joining the Ad Hoc Group but have lent their support. Together with such holders, the Ad Hoc Group represents a clear blocking stake in each of the 2024 Guaranteed Notes and the 2025 Guaranteed Notes.

    In the 28 September Letter, the Ad Hoc Group expressed its willingness to engage with the Company with the goal of negotiating a consensual liability management transaction relating to the Guaranteed Notes (the "LMT"), and asked the Company to respond urgently given the imminent maturity of the 2024 Guaranteed Notes. Moreover, on 29 September 2023, CGSH delivered to the Company and its financial advisors a term sheet (the "LMT Term Sheet") outlining the Ad Hoc Group’s proposal for a consensual LMT.

    On a recent call with certain members of the Ad Hoc Group, the Company relayed its agreement to engage with the Ad Hoc Group once its negotiations with the lenders under the new money syndicate are finalized, and before any LMT is launched. The Ad Hoc Group looks forward to its upcoming discussions with the Company.

    Holders of the Guaranteed Notes are invited to contact Solomon J. Noh or Polina Lyadnova should they wish to obtain a copy of the 28 September Letter or the LMT Term Sheet.

    The contact details for Mr. Noh and Ms. Lyadnova appear below:

    Solomon J. Noh

    [email protected]

    Office: +44 (0) 20 7614 2306

    Mobile: +44 (0) 78 4132 3679

    Polina Lyadnova

    [email protected]

    Office: +44 (0) 20 7614 2355

    Mobile: +44 (0) 77 8330 0736

     

    Source : Creditor update in relation to certain notes issued by Vedanta Resources Finance II Plc

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    Kohler Co. to Establish Energy Division as Independent Business with Platinum Equity as Majority Investment Partner, Accelerating Long-Term Growth Strategies for Both Organizations

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    Standalone business providing energy resilience solutions expected to benefit from Platinum Equity’s carve-out experience and operational expertise

    KOHLER, Wis., Nov. 7, 2023 /PRNewswire/ — Kohler Co. today announced the strategic decision to set Kohler Energy up as a separate, independent business with Platinum Equity engaged as the majority investment partner. Kohler will continue to stay invested in the Energy business following the closing and remains committed to supporting its upward trajectory built on a proven track record of strong performance in the global energy resilience marketplace. The businesses included in the portfolio are Power Systems, Engines, Home Energy, Kohler Uninterruptible Power, Clarke Energy, Curtis Instruments, and Heila Technologies.

    While Kohler Co. and Platinum Equity must complete several milestones and legal requirements, including consultations with employee works councils, the transaction is expected to close in the first half of 2024. Until then, Kohler Co. will operate as one company.

    "Today we took a bold and strategic move for the future of our company," said David Kohler, Chair and CEO of Kohler Co. "Over the last 150 years, Kohler has embraced a relentless pursuit of providing exceptional products, services, and experiences for our customers. This important moment in our journey signifies our commitment to deepening the focus and investment in Kohler’s Kitchen & Bath and Hospitality businesses and continuing to drive growth within our respective industries. The timing is right due to the strength of the Energy business, which is driven by world-class products manufactured and sold by highly skilled associates. I look forward to supporting the Energy business through our continued investment along with my role on the board following the closing." 

    Kohler Energy is a global leader in energy resilience, providing mission critical power solutions to homes, businesses, and equipment. Its market leading portfolio of backup and prime power equipment, traditional and electrified powertrain technologies, and home energy solutions are trusted around the world.

    "Kohler has been an excellent steward of the business for more than 100 years. We will continue that vision with Platinum Equity, who shares the same values of quality, innovation, and operational excellence and is all-in on our growth journey. We expect to drive significant continued investment that increases value to our customers, team members, and shareholders," said Brian Melka, Group President – Kohler Energy. "I’m proud of what the team has done to build an industry-leading business, and we look forward to working with Platinum Equity to embark on our next phase of growth. Our immediate priority is ensuring a smooth transition that delivers the best experience for our customers and team members around the world." 

    Brian Melka will serve as CEO of the Energy business, with David Kohler serving on its board.

    Platinum Equity is a global investment firm with approximately $47 billion of assets under management. Kohler selected Platinum Equity due to the firm’s deep operational expertise and successful track record with carve-out transactions.

    "Kohler Energy has a well-deserved reputation for quality, innovation and engineering that dates back more than a century," said Platinum Equity Co-President Jacob Kotzubei. "We appreciate Kohler’s confidence in our ability to build on that legacy and support the energy business’s continued growth and expansion as a standalone company. We have great respect for David and the Kohler leadership team and are proud to be their partners."

    Platinum Equity has 28 years of experience acquiring and operating global businesses that have been part of large corporate entities. In recent years the firm has acquired businesses from firms like Ball Corporation, Caterpillar, Emerson Electric, Ingersoll Rand and Johnson & Johnson, among others.

    "The energy resilience business has outstanding leadership, strong technical capabilities and an opportunity to benefit from attractive tailwinds driving a sustained need for reliable power solutions in industrial, commercial, residential and equipment applications," said Platinum Equity Managing Director Matthew Louie. "We look forward to working with Brian and the management team to continue investing in the business and maximizing its potential."

    BDT & MSD Partners and BofA Securities are serving as financial advisors to Kohler. White & Case LLP are acting as legal advisors to Kohler.

    Goldman Sachs & Co. LLC and William Blair & Company, LLC are serving as financial advisors to Platinum Equity on the Kohler Energy investment. Gibson, Dunn & Crutcher LLP is serving as legal advisor and Willkie Farr & Gallagher LLP is serving as debt financing counsel to Platinum Equity.

    About Kohler Co.
    For 150 years, Kohler Co. has been a global leader in design and innovation, dedicated to providing gracious living through kitchen and bath products; luxury cabinetry, tile and lighting; distributed energy solutions – home energy, industrial power systems, and powertrain technologies – and luxury hospitality experiences and major championship golf. Kohler’s Whistling Straits golf course hosted the 43rd Ryder Cup in 2021. Privately held Kohler Co. was founded in 1873 and is headquartered in Kohler, Wisconsin. The company also develops solutions to address pressing issues, such as clean water and sanitation, for underserved communities around the world to enhance the quality of life for current and future generations.

    About Kohler Energy
    Kohler Energy, a global leader in distributed energy solutions, brings bold design and powerful impact to the energy systems that sustain people and communities everywhere around the world. It is an integral part of Kohler Co., with solutions across Home Energy, Industrial Energy Systems, and Powertrain Technologies. Leveraging the strength of its portfolio of brands – Power Systems, Home Energy, Kohler Uninterruptible Power, Clarke Energy, Heila Technologies, Curtis Instruments, and Engines, and more than a century of industry leadership, Kohler Energy builds resilience when the grid cannot and goes beyond functional, individual recovery to create better lives and communities. For more details, please visit kohler.com/energy.

    About Platinum Equity
    Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $47 billion of assets under management and a portfolio of approximately 50 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 28 years Platinum Equity has completed more than 400 acquisitions.

    Contacts:
    Stephen Maliszewski
    Kohler Co. Public Relations
    [email protected]

    Todd Weber
    Kohler Co. Public Relations
    [email protected] 

    Dan Whelan
    Platinum Equity
    [email protected]

    Source : Kohler Co. to Establish Energy Division as Independent Business with Platinum Equity as Majority Investment Partner, Accelerating Long-Term Growth Strategies for Both Organizations

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    This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

    COSRX Released Customer-Favorite Low pH Good Morning Gel Cleanser to an XL Size

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    COSRX Released Customer-Favorite Low pH Good Morning Gel Cleanser to an XL Size

    LOS ANGELES, Nov. 6, 2023 /PRNewswire/ — COSRX, the derm-favorite skincare brand, is pleased to unveil the highly-anticipated 400ml (13.52 fl.oz) edition of the beloved Low pH Good Morning Gel Cleanser. Responding to the valuable feedback from its dedicated customers, the brand released an XL size version of the cult favorite cleanser to appease requests all the while ensuring greater bang for your buck.


    COSRX Released Customer-Favorite Low pH Good Morning Gel Cleanser to an XL Size

    COSRX’s Low pH Good Morning Gel Cleanser has achieved global acclaim, securing its position as one of Amazon’s best-selling gel cleansers. With over fourteen million units sold worldwide, that equates to approximately four tubes sold every minute (as of June 2023). This remarkable accomplishment is attributed to its gentle yet highly effective cleansing properties — making it perfect for sensitive skin.

    The Low pH Good Morning Gel Cleanser is a perfect daily companion, offering gentle and efficient cleansing for both morning and night skincare routines. Upon application, the formula dispenses as a lightweight and revitalizing gel. As soon as it comes into contact with water, it transforms into a soft foam that rinses easily, leaving no residue behind. It effectively removes dirt, oil, and other impurities, while also providing anti-aging and breakout-fighting benefits, while strengthening the skin barrier. In contrast to many gel-based cleansers that can leave the skin feeling tight and dry, this cleanser ensures a thorough cleanse without leaving the skin feeling stripped and tight.

    "We are delighted to introduce the jumbo-sized Low pH Good Morning Gel Cleanser" said a COSRX representative. "Whatever your skin type, this cleanser will prepare your skin for the day by maintaining the perfect pH level, ensuring not only a smooth and soft complexion but also priming it for any toner or essence you choose to apply next" she added.

    The Low pH Good Morning Gel Cleanser has received acclaim from users with various skin types, particularly those with dull skin. On Amazon, it boasts over 4,000 five-star shopper ratings. According to one satisfied reviewer, "I bought this for my wife. She has very red sensitive patches on her skin, and she said her skin tone was dull and that the texture was bad. (Her words, not mine!) She is so happy using this cleanser because it’s gentle enough for her to use both in the morning and at night with no stinging or sensitivity! Her skin is glowing and so soft. She highly recommends it and will purchase it again. It’s the only cleanser she has been happy with in many years!"

    Experience the convenience and effectiveness of the Low pH Good Morning Gel Cleanser in its new size, available on Amazon store now. Elevate your daily skincare routine with the million-seller that customers can’t stop raving about.

    About COSRX:

    With its powerful yet affordable skincare solutions, COSRX has quickly become one of America’s favorite skincare brands. Using a minimal number of highly effective natural extracts in concentrated doses, COSRX products deliver visible results by treating the skin with only the essentials it needs and nothing it doesn’t. Find its best-selling skincare solutions at retailers nationwide.

    Connect with COSRX:

    Instagram: https://www.instagram.com/cosrx TikTok: https://www.tiktok.com/@cosrx_official  COSRX Official Website: https://www.cosrx.com

    Source : COSRX Released Customer-Favorite Low pH Good Morning Gel Cleanser to an XL Size

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    This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

    Monport and Influential Makers Join Forces for a Win-Win Laser Engraving Breakthrough

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    WASHINGTON, Nov. 6, 2023 /PRNewswire/ — Dettorre Furniture in Bellingham, USA has become a shining example of how Monport Laser machines can transform businesses and create truly amazing products. Peter, the founder of Dettorre Furniture, experienced firsthand the incredible capabilities of the Monport laser engraver. Together, they embarked on a journey of bringing personalized and high-quality laser-engraved wooden furniture to customers worldwide. Using a Monport 55W CO2 laser engraver, Peter is able to engrave intricate logos and product information on wooden furniture. From doormats to plaques, the addition of laser engraving has taken Dettorre Furniture to new heights, captivating clients with their unique creations.

    Handmade Personalized Furniture Business with Monport Laser

    Detorre Furniture, under the creative leadership of Peter, encompasses various aspects of craftsmanship, including furniture making, woodworking, CNC, laser, and 3D printing. Starting his business on popular platforms like Amazon and Etsy, Peter’s craftsmanship quickly gained attention and popularity. Inspired by his success, he launched his website, showcasing a wide range of handmade personalized furniture.

    The application of Monport Laser machines goes beyond furniture engraving. Peter has expanded his product range to include personalized farmhouse tables, handmade letter clocks, logo flags, and hats, all made possible by the incredible capabilities of the Monport 55W CO2 Laser engraver.

    Realizing a Win-win Collaboration

    The collaboration between Dettorre Furniture and Monport Laser is a testament to the power of combining years of experience and know-how with cutting-edge technology. The Monport Laser machine has enabled Dettorre Furniture to bring their most unique and authentic ideas to life, captivating customers with personalized creations that truly reflect their journey.

    Today’s customers are no longer simply seeking affordable prices; instead, they yearn for the ability to forge their own path and engage in a customer-managed process. Monport Laser recognizes this shift in consumer behavior and has introduced game-changing technology that aligns seamlessly with this prevailing trend. The Monport laser machine empowers customers to engrave their unique journey, adding a personal touch to their products and creating a deeper connection with their customers.

    The versatility of Monport Laser machines extends beyond the 55W CO2 laser engraver. By introducing the Monport 20W fiber laser engraver, Dettorre Furniture has expanded its product offerings while simultaneously improving associated processes. This versatility is a significant factor in attracting customers, as it allows them to explore new possibilities and expand their creative horizons.

    Peter, the founder of Dettorre Furniture, expresses his enthusiasm for Monport Laser machines, stating, "Monport lasers are some of the best-looking lasers in their class. The Monport CO2  engraver machine has been incredibly helpful and a welcomed addition to my business and social media presence. It has opened up so many new possibilities for me." Peter also praises Monport Laser’s dedication to customer service, noting that their commitment is a key reason why he chose their machines. The company’s customer service exceeds expectations, ensuring a seamless experience for entrepreneurs like Peter.

    With the successful collaboration between Dettorre Furniture and Monport Laser, influencers and professionals in the laser engraving industry are encouraged to explore the possibilities of working with Monport Laser. By collaborating with this innovative company, influencers and professionals can leverage the cutting-edge technology of Monport Laser machines to bring their ideas to life and offer customers unforgettable experiences. Monport Laser machines provide the perfect platform for small businesses to showcase their creativity and make a substantial income.

    Monport Laser invites laser engraving professionals and influencers to join their journey and discover the endless possibilities that their machines offer. With their top-of-the-line technology and unwavering commitment to customer satisfaction, Monport Laser is transforming the laser engraving industry one collaboration at a time.

    Company: Monport Laser

    Contact email: [email protected] 

    Pre-sales Phone: (+1)332-251-1208 

    Monport Laser Website: https://monportlaser.com/ 

    Monport Address: Monport Tech Inc. 300 LENORA ST 878, SEATTLE, WA, 98121-2411, UNITED STATES

     

    Source : Monport and Influential Makers Join Forces for a Win-Win Laser Engraving Breakthrough

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    This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network