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Stibo DX partners with Sophi.io, strengthening automation on CUE Publishing Platform

TORONTO, March 25, 2021 (GLOBE NEWSWIRE) — Stibo DX and Sophi.io are partnering to integrate Sophi, The Globe and Mail's automation, prediction and optimization tools, into Stibo DX's publishing platform, CUE. Sophi will be a native extension in CUE's user interface.

"As an open and extensible publishing platform, CUE is meant to be integrated with best–of–breed tools. The Sophi AI engine from Stibo DX's long–time customer The Globe and Mail is exactly that. Sophi will enable CUE users to make smarter content decisions based on real–time data and insights," says Mark van de Kamp, Chief Innovation Officer of Stibo DX.

Sophi.io is a suite of AI solutions, including Sophi Automation, which autonomously curates content to optimize webpages, and Sophi Analytics, which provides decision–making support to newsrooms and content publishers. The Sophi team develops a custom Sophi Score in conjunction with every client to ensure that each piece of content properly reflects the value it contributes to the customer's desired business outcomes, such as increasing conversions, loyalty and engagement. All these capabilities will soon be available to Stibo DX's global customer base as seamless, add–on extensions.

"As a publisher with years of experience working with Stibo DX, The Globe and Mail understands the needs of both Stibo DX and its customers," said Phillip Crawley, Publisher and CEO of The Globe and Mail. "This new partnership between Stibo DX and Sophi builds on that understanding and offers easy to use, cutting–edge automation and predictive analytics to CUE's many customers around the world, from media organizations to content–focused brands."

"The Globe and Mail has been a valued Stibo DX customer for over two decades. This new dimension of our partnership builds on a solid foundation," said Mr. van de Kamp. In 2017, The Globe hosted Stibo DX's user conference at their headquarters in Toronto, Canada.

"The Globe and Mail's involvement with the CUE community has always been immensely appreciated. We are very proud to continue the partnership and strengthen the CUE platform with this game–changing technology," Mr. van de Kamp said.

About Stibo DX
Stibo DX (https://www.stibodx.com/) is the company behind the CUE CMS and DAM solutions for media companies and brand publishers around the world. Since 1979, Stibo DX has been a leading technology partner for some of the world's biggest media companies, including The New York Times, Gannett, Axel Springer, Times of India, and The Economist.

About Sophi.io
Sophi.io (https://www.sophi.io) was developed by The Globe and Mail to help content publishers make important strategic and tactical decisions. It is a suite of AI–powered tools that includes Sophi Automation and Sophi for Paywalls as well as Sophi Analytics, a decision–support system for content publishers. Sophi is designed to improve the metrics that matter most to your business, such as subscriber retention and acquisition, engagement, recency, frequency and volume.


GLOBENEWSWIRE (Distribution ID 8206574)

FXCM Group Reports Monthly Stock Baskets Figures

JOHANNESBURG, South Africa, March 25, 2021 (GLOBE NEWSWIRE) — FXCM Group, LLC ("FXCM Group' or "FXCM'), the leading international provider of online foreign exchange trading, CFD trading and related services, is today releasing the volume increases for the month of February in its proprietary stock basket product line.

FXCM's stock basket products combine the shares of multiple companies from one sector into a single tradeable instrument. This allows customers to speculate on sectors as a whole instead of having to select a single company. The company currently boosts a portfolio of thirteen stock baskets.

For the 1st time since August 2020 FAANG was not the most popular traded stock basket at FXCM, as the February rise and fall of the Cannabis sector, caught the attention of FXCM traders. While Cannabis finished the month with only a modest 5% gain, at one stage mid–month the price had exceeded $6000 from its starting point of $3998.

On the back of a difficult 2020, the Travel & Hospitality, Airlines and Casino sectors saw the biggest trading gains in a month that saw total FXCM basket volume rise by approximately 13% from January.

The list of companies and weightings is available on FXCM's stock basket website (https://www.fxcm.com/za/stock–baskets/)

Volume
Rank		 Sector Symbol Feb Price Change1 Monthly Change in
FXCM Volume2
1 Cannabis CANNABIS 4.97% 400%
2 Chinese Tech CHN.TECH 9.76% 93%
3 Big US Tech FAANG –0.93% –58%
4 Chinese E–Commerce CHN.ECOMM 3.51% 3%
5 Airlines AIRLINES 28.15% 63%
6 Biotech BIOTECH –2.84% –71%
7 Casinos CASINOS 27.96% 254%
8 US–Ecommerce US.ECOMM 5.00% –11%
9 Esports & Gaming ESPORTS 2.58% –44%
10 Travel and Hospitality TRAVEL 34.20% 25%
11 US Banks US.BANKS 16.39% –6%
12 Work From Home WFH –3.76% 217%
13 US Automotive US.AUTO –3.73% 125%

Past Performance is not an indicator of future results.
1 Price change figures are calculated using FXCM's opening bid price from 1 February 2021 and the closing price from 26 January 2021.
2 Percent change month–over–month (January 2021 vs February 2021) is derived from FXCM client volume data.

About FXCM:

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one–click order execution and trading from real–time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.

Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. The products are intended for retail, professional and eligible counterparty clients. Retail clients who maintain account(s) with Forex Capital Markets Limited (“FXCM LTD”), could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds but professional clients and eligible counterparty clients could sustain losses in excess of deposits. Prior to trading any products offered by Forex Capital Markets Limited, inclusive of all EU branches, FXCM Australia Pty. Limited, FXCM South Africa (PTY) Ltd, any affiliates of aforementioned firms, or other firms within the FXCM group of companies [collectively the “FXCM Group”], carefully consider your financial situation and experience level. If you decide to trade products offered by FXCM Australia Pty. Limited ("FXCM AU") (AFSL 309763), you must read and understand the Financial Services Guide, Product Disclosure Statement, and Terms of Business. Our FX and CFD prices are set by us, are not made on an Exchange and are not governed under the Financial Advisory and Intermediary Services Act. The FXCM Group may provide general commentary, which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. The FXCM Group assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on the FXCM Group's websites prior to taking further action.

Read full disclaimer

Media contact:

Chatsworth Communications
+44 (0) 20 7440 9780
fxcm@chatsworthcommunications.com


GLOBENEWSWIRE (Distribution ID 8206527)

Sea Electric Strikes Deal to Purchase 1,000 Electric Commercial Vehicle Battery Sets From Soundon New Energy Technology Co.

LOS ANGELES, March 25, 2021 (GLOBE NEWSWIRE) — Global automotive technology company SEA Electric, along with its proprietary SEA–Drive technology "" the secret sauce behind the company's leadership within the electrification of commercial vehicles "" has expanded its global reach through the purchase of 1,000 electric vehicle batteries from long–time technology partner Soundon New Energy Technology Co. The newly formed arrangement immediately follows SEA Electric's recently announced US$42 million in equity financing news. (Full background and photos: https://www.dropbox.com/sh/dulvd9izcotdfsm/AACe1q0VJpjuGHNfaWgbFPBpa?dl=0)

Soundon, SEA Electric's sole battery provider since 2012, developed seven SEA–Drive battery solutions during the two companies' shared journey in the electric commercial vehicle space. Through this new relationship SEA Electric is realizing the cost benefits of Soundon's battery and power electronics technical expertise, as well as their production efficiencies. As a result, battery production is underway with fulfillment completion expected sometime in Q2 2021. The deal also allows SEA Electric to realize a significant 36 percent reduction in kilowatt hour (kWh) unit cost.

According to Tony Fairweather, SEA Electric president and founder, Soundon is not only a world–class leader in innovation and battery technology, but highly regarded for its product quality, on time delivery, and competitive pricing. "Our long–term relationship with Soundon has been a very successful commercial journey and we anticipate continuing to share our global successes along the way." While the majority of the initial 1,000 battery units are slated for the United States, the balance will go to SEA Electric inventories in Australia, New Zealand and Southeast Asia, along with the company's first entry into the European market.

SEA Electric's exclusive and proprietary technology fits hundreds of OEM platforms with this large order shared cross three major power–system models:

  • SEA–Drive 70 "" contains 88 kilowatt hours (kWh)
  • SEA–Drive 100 "" contains 101 kilowatt hours (kWh)
  • SEA–Drive 120 "" contains 138 kilowatt hours (kWh)

Soundon's world–class manufacturing operations are located on an eight square–mile footprint within the Hunan Province in China, and utilize a combination of robotics, high intelligence, high digitalization, and high automation to integrate a comprehensive smart–factory solution. From strict production and environmental management to quality assurance, the facility is first rate and is a leader in the new energy industry.

Wu Peng, Vice President of Sales and Marketing for Soundon commented that "this is a significant milestone in our partnership with SEA Electric. Receiving this 1,000–unit order not only facilitates SEA Electric's substantial global growth, but it also positions Soundon as a leader in the export market for commercial electric vehicles. It's a winning proposition for all."

Following substantial growth in new markets, SEA Electric recently announced it has closed initial private placement equity financing for total gross proceeds of approximately US$42 million. The net proceeds from the investment will allow SEA Electric to solidify its position as a market leader in the electrification of commercial vehicles whilst funding its considerable backlog and facilitating more pilot programs with operators.

With global headquarters and key leadership in Los Angeles, SEA Electric currently has operations in five countries and more than one million miles of independent Original Equipment Manufacturer (OEM) testing and in–service operation in all markets.

SEA Electric currently partners with commercial vehicle OEMs, dealers, operators and upfitters to deliver a new range of zero–emissions trucks and is on schedule to deliver more than 1,000 electric commercial vehicles this year. The company forecast is to have more than 15,000 vehicles on the road by the end of 2023.

About SEA Electric

Global automotive technology company SEA Electric was founded in Australia in 2012, creating its proprietary electric power–system technology (known as SEA–Drive ) for the world's urban delivery and distribution fleets.

Widely recognized as a market leader in the electrification of commercial vehicles on a global basis, SEA Electric commands a global presence, deploying product in seven countries including USA, Canada, Australia, New Zealand, Thailand, Indonesia and South Africa with collectively more than one million miles of independently OEM–tested and in–service international operation.

The company's global sales, after–sales and engineering are represented in all subsidiaries, whilst North America has the largest upfitting capacity for SEA Electric at more than 30,000 units per annum.

About Soundon New Energy Technology Co.

Soundon New Energy Technology Co., Ltd. is majority owned by Sound Group, China's leading environmental protection industry enterprise. Soundon is a comprehensive service provider specializing in lithium battery energy research and development and integrated solutions. Located in Xiangtan, Hunan, China, Soundon New Energy is committed to the research and production of lithium battery energy and power–system solutions.

Contact: Deb Pollack/Strategic Communications
(t) 805.320.9248 (e) deb@debpollack.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/acb07b92–7f95–4d0d–b452–e83784b8e1f2

https://www.globenewswire.com/NewsRoom/AttachmentNg/156f694e–1090–48df–ad48–4122d3550912


GLOBENEWSWIRE (Distribution ID 8206309)