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LPSN DEADLINE ALERT: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages LivePerson, Inc. Investors with Losses to Secure Counsel Before Important January 30 Deadline in Securities Class Action – LPSN

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of LivePerson, Inc. (NASDAQ: LPSN) between May 10, 2022 and March 16, 2023, both dates inclusive (the “Class Period”), of the important January 30, 2024 lead plaintiff deadline.

SO WHAT: If you purchased LivePerson 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 LivePerson class action, go to https://rosenlegal.com/submit–form/?case_id=20829 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 January 30, 2024. 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 litigate 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, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) LivePerson’s disclosure controls and procedures contained a material weakness; (2) accordingly, LivePerson maintained deficient internal controls over its financial reporting; (3) as a result, LivePerson's Q3 2022 financial statements failed to disclose the suspension of WildHealth's Medicare reimbursements in connection with the COVID–19 testing program and the resulting negative impact on LivePerson’s future revenues; (4) accordingly, LivePerson had overstated LivePerson’s future financial position and/or prospects; and (5) as a result, LivePerson’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the LivePerson class action, go to https://rosenlegal.com/submit–form/?case_id=20829 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


GLOBENEWSWIRE (Distribution ID 9027604)

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages EHang Holdings Limited Investors to Secure Counsel Before Important February 2 Deadline in Securities Class Action First Filed by the Firm – EH

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of EHang Holdings Limited (NASDAQ: EH) between January 20, 2022 and November 6, 2023, both dates inclusive (the “Class Period”), of the important February 2, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased EHang 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 EHang class action, go to https://rosenlegal.com/submit–form/?case_id=20249 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 February 2, 2024. 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 litigate 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 materially false and/or misleading statements and/or failed to disclose that: (1) EHang has continued to state that it was partnering with United Therapeutics, DHL and Vodafone, among others, even though a former EHang employee has noted that United Therapeutics, DHL, and Vodafone have abandoned their respective deals with EHang; (2) EHang omitted that other entities that had placed pre–orders for its aircraft, such as Prestige Aviation and Shenzhen Boling Holding Group, did not engage in regular business in the aviation sector and are otherwise almost certainly not in a financial position to be able to afford their orders; and (3) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the EHang class action, go to https://rosenlegal.com/submit–form/?case_id=20249 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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


GLOBENEWSWIRE (Distribution ID 9027821)

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Driven Brands Holdings Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DRVN

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Driven Brands Holdings Inc. (NASDAQ: DRVN) between October 27, 2021 and August 1, 2023, both dates inclusive (the “Class Period”), of the important February 20, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Driven Brands common stock 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 Driven Brands class action, go to https://rosenlegal.com/submit–form/?case_id=18662 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 February 20, 2024. 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 litigate 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 made numerous materially false and misleading statements and omissions that fall into two categories: (i) statements concerning Driven’s ability to efficiently and effectively integrate a high volume of acquired businesses, including statements related to the status of integrating its U.S. auto glass businesses; and (ii) statements concerning the performance and competitive position of Driven’s car wash business segment. Specifically, throughout the Class Period, defendants repeatedly touted Driven’s ability to execute and integrate acquisitions as a “core strength,” and assured investors that it had made “significant progress” integrating the auto glass businesses it had acquired. Driven also represented that the large scale of its car wash business served as a “competitive moat” that would preserve Driven’s competitive position. While Driven acknowledged some “softness” in customer demand for its car wash business segment, Driven downplayed that issue and pointed investors to the growth of its car wash subscriptions, which Driven labeled as the “Holy Grail” in the car wash business. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Driven Brands class action, go to https://rosenlegal.com/submit–form/?case_id=18662 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


GLOBENEWSWIRE (Distribution ID 9027806)

NATI IMPORTANT DEADLINE TODAY: ROSEN, SKILLED INVESTOR COUNSEL, Encourages National Instruments Corporation Investors with Losses to Secure Counsel Before Important January 29 Deadline in Securities Class Action – NATI

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds sellers of common stock of National Instruments Corporation (NASDAQ: NATI) between May 25, 2022 and January 17, 2023, both dates inclusive (the “Class Period”), of the important January 29, 2024 lead plaintiff deadline.

SO WHAT: If you sold National Instruments common stock 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 National Instruments class action, go to https://rosenlegal.com/submit–form/?case_id=20784 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 January 29, 2024. 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 litigate 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, during the Class Period, defendants made false statements and/or omitted material information that artificially deflated the price of National Instruments common stock. The lawsuit alleges that at the time that National Instruments was repurchasing National Instruments stock, defendants knew that National Instruments had received a formal acquisition offer from Emerson Electric Co. Accordingly, National Instruments had an obligation to disclose that it had received a formal acquisition offer from Emerson or abstain from purchasing National Instruments stock from unsuspecting investors.

To join the National Instruments class action, go to https://rosenlegal.com/submit–form/?case_id=20784 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


GLOBENEWSWIRE (Distribution ID 9027621)

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Cummins Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – CMI

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cummins Inc. (NYSE: CMI) between April 30, 2019 and December 21, 2023, both dates inclusive (the “Class Period”), of the important March 15, 2024 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Cummins 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 Cummins class action, go to https://rosenlegal.com/submit–form/?case_id=21566 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 March 15, 2024. 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 litigate 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 materially false and/or misleading statements and/or failed to disclose that: (1) contrary to its post–April 2019 Announcement assurances about its commitment to compliance, Cummins continued to produce engines with unlawful emission defeating devices from 2019 to 2023; (2) accordingly, Cummins understated its legal and regulatory risk, and overstated its commitment to environmental protection, and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Cummins class action, go to https://rosenlegal.com/submit–form/?case_id=21566 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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


GLOBENEWSWIRE (Distribution ID 9027768)

Carry1st Announces Strategic Investment from Sony Innovation Fund

CAPE TOWN, South Africa, Jan. 29, 2024 (GLOBE NEWSWIRE) — Carry1st, Africa’s leading game publisher and digital commerce platform, announces a strategic investment by Sony Innovation Fund, the venture capital arm of Sony Group Corporation (“Sony”). Carry1st is the inaugural investment out of Sony Innovation Fund: Africa, which was established by Sony as an initiative to support the growth of entertainment businesses in Africa.

Driven by rapidly increasing technology adoption, Africa’s gaming industry has over 200 million unique players and is set to reach a market size of over $1 billion in 2024, according to data from Newzoo and Carry1st. While there is limited formal console presence, Africa presents an incredible growth opportunity for this sector, particularly with the rise of live services.

“We are thrilled to join forces with Sony Innovation Fund: Africa,” said Cordel Robbin–Coker, CEO and Co–founder of Carry1st. “The relationship will help Carry1st to drive the future of gaming in Africa. At Carry1st, we believe that the African console market is a massively underestimated opportunity. Our distinct regional capabilities, paired with Sony's expertise in gaming and entertainment, creates a powerful combination. Together, we hope to bring the best games in the world to players across Africa.”

“We are excited to welcome Carry1st as our first investment in Africa,” said Antonio Avitabile, Managing Director – EMEA, Sony Ventures Corporation. “We believe there is tremendous untapped potential for the gaming market in Africa, which we hope to experience and contribute to through our investment in Carry1st. We look forward to working closely with Carry1st’s world–class management team to support the company’s growth and explore potential business opportunities with Sony Group companies.”

About Carry1st
Carry1st is Africa’s leading publisher of games and digital content. Its mission is to scale awesome content in frontier markets by solving hard problems. Carry1st develops, licenses, and publishes games, and monetizes them effectively with Pay1st, a proprietary alternative payments platform and online marketplace for digital gaming goods. Carry1st has partnered with the likes of Activision, Supercell, and Riot Games to help scale games like Call of Duty: Mobile and Valorant and has launched games including Africa Glam (Nanobit), Mancala Adventures, SpongeBob Krusty Cook–Off, Ludo Blitz and Mine Rescue for gamers in Africa. Carry1st has raised over $60M since being founded in 2018 and counts Andreessen Horowitz (a16z), BITKRAFT, Google, Riot Games, and Nas as investors.

About Sony Ventures Corporation
Sony Ventures Corporation manages the Sony Innovation Fund (SIF), which invests in all stages of emerging technology companies as well as in startups solving global environmental challenges. SIF engages with pioneering startups to help fuel the development of disruptive technologies, launch new businesses, and contribute to the environment while seeking return on investment. Sony Ventures Corporation is headquartered in Japan. Learn more at www.sonyinnovationfund.com.

For more information, please contact:
Alexandra Lloyd at Nara Communications
Alexandra@naracommunications.com


GLOBENEWSWIRE (Distribution ID 1000910969)

Bitdeer Announces Appointment of Jihan Wu as New Chief Executive Officer as Linghui Kong Transitions to Chief Business Officer

SINGAPORE, Jan. 29, 2024 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world–leading technology company for blockchain and high–performance computing, today announced the appointment of Mr. Jihan Wu, the Company’s Founder and Chairman of its Board of Directors (the “Board”), as Chief Executive Officer of the Company, effective on March 1, 2024. In addition to his new role as Chief Executive Officer, Mr. Jihan Wu will remain as Chairman of the Company’s Board. The Company’s current Chief Executive Officer Mr. Linghui Kong will transition to the role of Chief Business Officer and will continue to serve as a member of the Company’s Board, also effective on March 1, 2024.

Jihan Wu, Founder and Chairman of Bitdeer, commented, “I’d like to thank Linghui for his valuable contributions to Bitdeer over the past three years. During his tenure, we have made significant progress in developing our business, strengthening our foundations, and positioning Bitdeer for its next growth phase. Linghui's transition to Chief Business Officer and my appointment as Chief Executive Officer enable both of us to focus on our respective areas of expertise. Furthermore, our realigned roles will empower us to make even greater contributions to Bitdeer’s long–term development and position us to fully capitalize on emerging strategic growth opportunities.”

“I am proud of the success Bitdeer has achieved thus far, and I am excited to lead our team through a new era of strategic development,” Mr. Wu continued. “Going forward, we will allocate our resources to develop cutting–edge technologies, cultivate a strong leadership team, attract more high–caliber individuals to join our ranks, and further bolster our corporate culture. Through these efforts and our ongoing commitment to excellence, I am confident Bitdeer will develop into a preeminent technology enterprise.”

Linghui Kong, the current Chief Executive Officer of Bitdeer, added, “Serving as Bitdeer’s CEO has been an extraordinary journey, filled with numerous accomplishments and invaluable experiences. It has been a privilege to lead such a dedicated team and advance our shared vision. I look forward to transitioning to my new role and working alongside Jihan to deliver sustainable value for our shareholders.”

About Bitdeer Technologies Group

Bitdeer is a world–leading technology company for blockchain and high–performance computing. Bitdeer is committed to providing comprehensive computing solutions for its customers. The Company handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. The Company also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. To learn more, visit https://ir.bitdeer.com/.

Forward–Looking Statements

Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward–looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward–looking statements, although not all forward–looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward–looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20–F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward–looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward–looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.

Media Inquiries：
pr@bitdeer.com

Contacts

Investor Relations
Robin Yang, Partner
ICR, LLC
Email: Bitdeer.ir@icrinc.com
Phone: +1 (212) 537–5825

Public Relations
Brad Burgess, SVP
ICR, LLC
Email: Bitdeer.pr@icrinc.com
Phone: +1 (212) 537–4056

 


GLOBENEWSWIRE (Distribution ID 9027233)

Snow Tales: ‘Too Little, Too Late,’ Say Climate Experts

A glamping resort, One Open Sky Glamp, at Mahodand Lake in Swat, Pakistan, shows the lack of snow this winter (2023/4), compared with last year (2022/3). The uncertain weather conditions are having an impact on business. Credit: Noorulhuda Shaheen

A glamping resort, One Open Sky Glamp, at Mahodand Lake in Swat, Pakistan, shows the lack of snow this winter (2023/4), compared with last year (2022/3). The uncertain weather conditions are having an impact on business. Credit: Noorulhuda Shaheen

By Zofeen Ebrahim
KARACHI, Jan 29 2024 – Alpine skier, 28-year-old Muhammad Karim, has spent the winter with his eyes skyward, wishing and hoping for deep and abundant snow.  “My bread and butter depend on the snow,” said the Olympian, who is also a ski trainer, at Naltar Ski Resort, in the valley by the same name nestled in the Gilgit-Baltistan’s Karakoram mountain range.

Heading the ice-hockey and alpine skiing section run by the Ski Federation of Pakistan and with the national skiing competition looming just weeks away (held between February 14 and 20 in Naltar), Karim had been getting sleepless nights as it had not snowed after a slight sprinkling of “half an inch” in November, and there were chances the sporting event would be called off. 

But as predicted by the Meteorological Department, the snowfall began on January 28 and “will continue for a few days,” said Karachi-based Dr. Sardar Sarfaraz, chief meteorologist at the Pakistan Meteorological Department.

But it’s not yet good news.

“It’s too light,” said Karim, talking to IPS over the phone from Naltar. “We are still uncertain about the event,” he added.

Without prolonged cold winter days to follow the snowfall, the snow will melt away, said Sarfaraz, continuing: “Nor will it compensate for the almost 80–90 percent less precipitation the country faced in December and January.”

Snow falls have been late this year as these photos of a Jeep in Shahi Ground in Kalam, Swat, Khyber Pakhtunkhwa taken in January 2022 and 2024 show. Credit: Khalil Wahab

Snow falls have been late this year, as these photos of a Jeep in Shahi Ground in Kalam, Swat, Khyber Pakhtunkhwa taken in January 2022 and 2024 show. Credit: Khalil Wahab

“It is too little, too late,” said Sher Mohammad, a cryosphere expert at the Nepal-based International Centre for Integrated Mountain Development (ICIMOD), over an email exchange.

This year has been quite unusual. It has been an almost snowless winter in the northern region of the Himalayan-Hindukush-Karakoram ranges.

“We usually experience the first snowfall by the end of October in some parts of G-B, and this continues well into March,” said Shehzad Shigri, director of the Gilgit-Baltistan Environmental Protection Agency, speaking to IPS from Gilgit city.

“Winter has been milder,” he said, due to the El Niño effect. The temperatures recorded by the seven weather stations, however, show “an increase by 0.5 degree Centigrade in the region, on average, since 1983, and a decrease of precipitation (rain and snow) by 8.4 mm,” said Shigri.

Arun Bhakta Shrestha, senior climate expert at ICIMOD, underscoring the impact of global warming, explained the “unusual absence of snowfall in the Himalayas, Hindu Kush, and Karakoram this winter, attributing it to “warmer temperatures and fewer cold days and nights.”

“Overall, in Pakistan, nights are getting warmer by 0.5°C, which means we are experiencing, on average, eight to ten fewer cold days,” corroborated Sarfaraz.

A satellite image of the snowfall in the Kalam Valley, Hindu Kush, over the winters of 2024 and 2023. Credit: ICIMOD

A satellite image of the snowfall in the Kalam Valley, Hindu Kush, over the winters of 2024 and 2023. Credit: ICIMOD

 

A satellite visual of the Hunza Valley shows the differences in snowfall over last and this winter. Credit: ICIMOD

A satellite visual of the Hunza Valley shows the differences in snowfall over last and this winter. Credit: ICIMOD

 

“This weather anomaly disrupts normal climate patterns, influenced by extreme La Niña-El Niño conditions and alterations to the Western Disturbance [weather systems that cause precipitation in the Western Himalayan region during its winter months]. These shifts, emblematic of the climate crisis, pose a significant threat to mountain communities and water security in the HinduKush-Himalayan region,” warned Shrestha.

But Sarfaraz is adamant El Niño is not to blame for less than average rain.

“Less precipitation in winter isn’t due to El Niño, as it affects the summer and the monsoon rains,” he insisted, saying rains in winter, in Pakistan, are known to have a linkage with the North Atlantic Oscillation, which, “if positive, brings a good amount of rain, and when negative, brings less.”

It is also premature to attribute a one-off snowless winter to ‘climate change,’ as it is not proven scientifically, he added.

Last year, 2023, according to climate scientists, with average temperatures of 1.34–1.54°C, was the hottest year since 1850–1900—the so-called pre-industrial era. Many scientists predict that 2024 could be hotter.

Whether anthropogenic or natural, a change in the fragile mountain ecosystem can have far-reaching consequences for the communities compared to terrestrial ones, Shigri said.

If nights are sleepless, the days have not been any easier for skier Karim. “I spend the day getting weather updates and rescheduling our plans. In between, he said, he is bombarded with phone calls from anxious athletes from all over Pakistan asking whether the event will be held at all.

Artificial snow needed to be added on the slope of Wildbore. Credit: Ski Federation of Pakistan

Artificial snow needed to be added on the slope of Wildbore. Credit: Ski Federation of Pakistan

 

Winter season snowfalls over the past 18 years. Credit: Pakistan Meteorological Department

Winter season snowfall over the past 18 years. Credit: Pakistan Meteorological Department

As a backup, the foundation had started making artificial snow. “We had managed to cover 20 percent of the Wildboar slope, where the competition is to be held, but another 30 percent needs to be covered before February 13,” said the trainer. Artificial snow is not only a costly venture; Karim said it also requires a certain temperature, without which the snow will melt. Having glided down natural snow since he was four, he was not too enthused about the imitation.

“You cannot slide as smoothly as you can on natural snow,” he explained.

But Karim is not the only one whose life depends on snow.

Like in Naltar, the bare slope in the ski resort of Malam Jabba, in KP’s Swat district, was being covered with artificial snow to generate some economic activity before it started snowing on the eve of January 27.

“The season has been pretty lean,” admitted Afkaar Hussain, spokesperson of the Malam Jabba Ski Resort. From catering to up to 3,500 customers per day last year, the number has come down to as many as 500 per day, with most arriving over weekends this year.

Hussain said people come from all over Pakistan, sometimes even for the weekend or just a day trip if they are close by, to enjoy snowfall, do skiing, snowboarding, ziplining, or just go up to the hotel at the top of the slope on a chairlift to capture the splendid snow-capped views.

“Last year this place was buzzing; I didn’t know when the day started and ended; this year I have been quite free, but I hope this bout of snow will bring tourists back to town, even though it’s a bit late and the holiday season is over in the plains,” he said.

Kalam, in the Swat Valley, in the Khyber Pakhtunkhwa province, where the first snow falls by mid-November and continues well into March, with snow up to eight feet, also got its share of snow on January 27.

“BBQ, endless cups of tea, and enjoying live music around a bonfire is a common sight in Kalam in the winter season,” recalled 30-year-old Noorulhuda Shaheen, adding that the flux of visitors was such that hotel rooms were booked months in advance—back in the day.

Snowfall late in January could be too late to save livelihoods for the season. Credit: Noorulhuda Shaheen

Snowfall late in January could be too late to save livelihoods this season. Credit: Noorulhuda Shaheen

Seeing what a roaring business this could be, he decided to open four luxury tented huts (where those with an adventurous streak do ‘glamping’) on the camping site of the famous Mahodand Lake, about an hour and a half jeep-drive from Kalam, in 2022.

“I did great when the spring started, but then in August, the floods dealt a death blow to tourism. Last year there was a good four feet of snow, but due to the county’s economic situation, business did not pick up. This winter season (starting from November 2023–March 2024), I was hoping I’d do well,” said Shaheen.

But till last week, with Kalam giving a deadpan look, it seemed highly unlikely people would go up to Mahodand Lake for glamping. However, he is hopeful about the late arrival of snow.

He hopes that once the snow stops falling and the sun comes out, people will flock to the valley.

“My huts are well equipped to keep tourists warm; it’s just magical out there right now,” he said after visiting the place after the snowfall.

But it is not just a lack of tourists that is worrisome.

The mountain people depend on natural resources for their livelihoods and practice small-scale agriculture. The impact of an almost snowless winter can be devastating for his people, said Shaheen. “It will mean our springs will dry up when the entire population is pastoral and dependent on subsistence farming and rearing livestock.”

A recent blog on ICIMOD’s website explains it best: “Snow cover usually acts as an insulating blanket, shielding dormant crops, allowing root growth, preventing frost penetration, and protecting soil from erosion. Reduced snowfall and erratic rains across the Himalayan region have the potential to cause adverse ecological impacts in the region, including on water and agroforestry.”

But if temperatures rise, which may well happen, as pointed out by Shigri, this late snowfall will be even more problematic. “It will lead to flash flooding and GLOFs (glacial lake outburst flooding) sweeping away homes, orchards, and livestock,” he said.

If this becomes the norm, repeated absences of snowfall may accelerate the receding of glaciers, said Islamabad-based climate change and sustainable development expert Ali Tauqeer Sheikh. “It’s also possible that instead of less water downstream, there could be much larger quantities if there are heat waves in the upper Indus basin. This may cause more early (than historical patterns) and irregular water flows,” he said.

While experts may dither over a sure-shot explanation for the current no-show/very little snow episode, Islamabad-based climate expert Imran Khalid, working with WWF-Pakistan, said these episodes with “either too little or too much precipitation” will continue to be experienced due to global warming.

“Therefore, plans and policies need to be in place to tackle such extreme scenarios.  These should entail enhancing the capacity of local communities to plan as well as utilizing instruments such as insurance mechanisms for an effective response,” he said.

“We should brace for the impacts,” agreed Vaqar Zakaria, the head of Hagler Bailly Pakistan, an environmental consultancy firm based in Islamabad, but rued: “We are not investing in the development of capacities, systems, and infrastructure to improve resilience; less water for crops, pastures, and micro- and even larger hydropower plants is what I would worry about most.”

And, added Sheikh, “Instead of raising alarm bells, we need to study the trends more closely and over longer periods of time rather than one or two seasons only.”.

Still, there are others who say Pakistan, not a major emitter but in the eye of a climate storm, could make a strong case for accessing the Loss and Damage Fund.

“The mechanisms for disbursement of funds (what little is available) are still in their infancy and, as such, cannot be relied upon to address the immediate needs of the communities,” said Khalid.

“I doubt our institutions would be able to submit a good proposal in time,” said Zakaria.

Therefore, said Khalid, with climate aberration episodes likely to recur, Pakistan must develop effective mechanisms for climate adaptation at the local level. “Having an effective adaptation scheme can serve to deter immediate loss and damage,” he pointed out.

Zakaria, however, remained skeptical. For those at the helm, he said, “the poor and vulnerable, hit the hardest by climate change, don’t figure in the resource allocation process.”
IPS UN Bureau Report

This feature is published with the support of Open Society Foundations.

 


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مستشفى الملك فيصل التخصصي ومركز الأبحاث بالمدينة يُتوج بجائزة التميز في تجربة المريض لعام 2023

الرياض, Jan. 29, 2024 (GLOBE NEWSWIRE) —

فاز مستشفى الملك فيصل التخصصي ومركز الأبحاث بالمدنية المنورة بجائزة التميز في تجربة المريض لعام 2023، المقدمة من بريس جيني (Press Ganey)، نظير الأداء المتميز في رعاية المرضى بالعيادات الخارجية خلال العام الماضي، وذلك ضمن أفضل 5% من مؤسسات الرعاية الصحية عالمياً في نتائج استبانات تجربة المرضى ، من بين إجمالي 1500 مؤسسة صحية مشاركة في الاستبيان.

ويعكس هذا التقدير الذي منحته بريس جيني المنظمة الرائدة عالمياً في قياس وتحسين تجربة المريض التزام مستشفى الملك فيصل التخصصي ومركز الأبحاث بتقديم حلول رعاية صحية عالية المستوى وتجارب متميزة للمرضى، عبر خدمات الرعاية الصحية المختلفة ضمن بيئة تعليمية وبحثية متكاملة.

ويعد مستشفى الملك فيصل التخصصي ومركز الأبحاث من المؤسسات الرائدة التي تكرس جهودها لوضع التجربة الإنسانية في صميم الرعاية الصحية، ما جعله يحتل مكانة بارزة بين أفضل خمسة في المئة من بين مراكز الرعاية الصحية المعتمدة ضمن تصنيف الجائزة، من حيث تجربة المرضى ورضا الموظفين والسلامة والجودة السريرية.

وتعليقاً على الفوز بهذه الجائزة، قال المدير العام لمستشفى الملك فيصل التخصصي ومركز الأبحاث بالمدينة المنورة الدكتور نزار خليفة “ إن هذا الفوز هو ثمرة جهودنا المستمرة في مجال الرعاية الصحية التي تتمحور حول المريض، وتجارب الموظفين الإيجابية، والنتائج السريرية الفعالة”، مشدداً على “التزامنا بتقديم الرعاية الصحية وفق أعلى المعايير التي تعطي الأولوية للإنسان ومجتمعنا سواء بسواء”.

ومن المقرر أن تُعلن لاحقاً تفاصيل حفل توزيع جوائز Press Ganey لعام 2023 في فبراير (شباط) المقبل. وإذ يشارك مستشفى الملك فيصل التخصصي ومركز الأبحاث موظفيه المتفانين وشركائه ومجتمعه بالإعلان عن هذا التميز، يؤكد استمراره في تبني نهج يركز على الإنسان، والمريض بشكلٍ خاص، وبما يحقق مستهدفات برنامج تحول القطاع الصحي، ورؤية السعودية 2030 للارتقاء نحو مجتمع أكثر صحة وحيوية.

يُذكر أن مستشفى الملك فيصل التخصصي ومركز الأبحاث من بين الأبرز عالميًا في تقديم الرعاية الصحية التخصصية، ورائدًا في الابتكار، ومركزًا متقدمًا في البحوث والتعليم الطبي، كما يسعى لتطوير التقنيات الطبية، والارتقاء بمستوى الرعاية الصحية على مستوى العالم، وذلك بالشراكة مع كبرى المؤسسات المحلية والإقليمية والدولية لتحقيق خدمة عالمية المستوى في المجالات السريرية والبحثية والتعليمية.

نبذة عن مستشفى الملك فيصل التخصصي ومركز الأبحاث:

يُعد مستشفى الملك فيصل التخصصي ومركز الأبحاث (KFSH&RC) أحد المؤسسات الصحية في الشرق الأوسط، وتتمثل رؤيته في أن يكون الخيار الأمثل لكل مريض في مجال تقديم الرعاية الصحية التخصصية، حيث يمتلك المستشفى تاريخاً حافلاً في علاج الأورام وأمراض القلب والأوعية الدموية، وزراعة الأعضاء، علوم الأعصاب، وعلم الوراثة.

وخلال العام 2023، صنفت منظمة “Brand Finance” مستشفى الملك فيصل التخصصي ومركز الأبحاث المركز الطبي الأكاديمي الأفضل في منطقة الشرق الأوسط وأفريقيا، ومن بين أفضل 20 مركزًا عالميًا. كما صُنف في العام 2022، ضمن مقدمي الرعاية الصحية الرائدين في جميع أنحاء العالم من قبل مجلة نيوزويك.

كجزء من رؤية السعودية 2030 وبرامجها، صدر في 21 ديسمبر 2021 أمر ملكي يقضي بتحويل المستشفى إلى مؤسسة مستقلة ذات طبيعة خاصة غير هادفة للربح ومملوكة للحكومة، في خطوة مهدت لانطلاق برنامج تحول شامل يستهدف تحقيق الريادة في مجال الرعاية الصحية على الصعيد العالمي من خلال التميز والابتكار.

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KFSH&RC-Madinah Receives Prestigious 2023 Press Ganey Human Experience Guardian of Excellence Award

RIYADH, Saudi Arabia, Jan. 29, 2024 (GLOBE NEWSWIRE) — King Faisal Specialist Hospital & Research Centre (KFSH&RC) in Madinah has won the 2023 Human Experience Guardian of Excellence Award by Press Ganey for its exceptional performance in outpatient services throughout the past year. This prestigious recognition honored a distinguished group of healthcare institutions, from approximately 1500 facilities globally, for being amongst the top 5% performers in patient experience in one year.

Through this award, Press Ganey, a leading global organization in measuring and enhancing patient experience, reflects KFSH&RC's commitment to delivering top–tier healthcare solutions and outstanding patient experiences across various healthcare services within an integrated education and research setting.

As a leading institution dedicated to placing the human experience at the core of healthcare, KFSH&RC–Madinah has secured a notable position among the top five percent of accredited healthcare providers, recognized for excellence in patient experience, employee satisfaction, safety, and clinical care quality performance. 

Dr. Nizar Khalifa, GM of KFSH&RC–Madinah, stated: “This achievement is the result of our continuous efforts to prioritize patients, foster positive employee experiences, and achieve effective clinical outcomes, emphasizing our commitment to delivering healthcare excellence to the highest standards, prioritizing both our employees and our community alike.” 

The 2023 Press Ganey Award ceremony is set to be announced later in February. As KFSH&RC celebrates this distinction with its dedicated staff, partners, and the community, it reaffirms its ongoing commitment to adopting an approach that focuses on humanity and a patient–centric mindset, aligning with the healthcare transformation program outlined in Saudi Vision 2030, actively contributing to the realization of a healthier and more vibrant society.

King Faisal Specialist Hospital & Research Centre stands among the global leaders in providing specialized healthcare, driving innovation, and serving as an advanced medical research and education hub. Through strategic partnerships with prominent local, regional, and international institutions, the hospital is dedicated to advancing medical technologies and elevating healthcare standards worldwide.

:About King Faisal Specialist Hospital & Research Centre (KFSH&RC)

King Faisal Specialist Hospital & Research Centre (KFSH&RC) stands as a leading healthcare institution in the Middle East, envisioned to be the optimal choice for every patient seeking specialized healthcare. The hospital boasts a rich history in treating cancers, cardiovascular diseases, organ transplantation, neurosciences, and genetics.

In 2023, “Brand Finance” ranked King Faisal Specialist Hospital & Research Centre as the top academic medical center in the Middle East and Africa and among the top 20 globally. Additionally, in 2022, it was recognized as one of the leading global healthcare providers by Newsweek magazine.

As part of Saudi Vision 2030, a royal decree was issued on December 21, 2021, to transform the hospital into an independent, non–profit, government–owned entity, paving the way for a comprehensive transformation program to achieve global leadership in healthcare through excellence and innovation.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/22c5c112–3a86–42fe–9f41–6b58b16e0d06


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