NORTH BRUNSWICK, New Jersey – (EmailWire) -- Bedding Industries of America (BIA), a trusted leader in mattress manufacturing with nearly 70 years of experience, proudly announces the launch of its newest innovation: the Glacier Mattress brand. Designed and manufactured in the USA, Glacier offers hybrid cooling mattresses that combine cutting-edge technology, exceptional comfort, and affordability. Later this year, the brand will expand its offerings to include bedding accessories and adjustable bases.Cooling Technology at Its BestUnderstanding the importance of temperature regulation for quality sleep, Glacier mattresses feature advanced cooling technology. GlacierTech™ fibers in the cover are cool to the touch, while CopperElement™ memory foam, gel-infused memory foam, and ventilated ARCFlow™ material promote airflow and dissipate heat.Crafted in the USABIA takes pride in its American craftsmanship, manufacturing every Glacier mattress in its Los Angeles, Chicago, and New Jersey factories. The individually wrapped coil units, made in-house from recycled steel, ensure exceptional support and durability. Glacier also incorporates ChiroZone™ quilt technology, with extra stitching in the center third for enhanced back support. Every mattress is freshly made to order, with delivery times as quick as 2-3 business days nationwide. Commitment to Health and SustainabilityGlacier mattresses are 100% fiberglass-free, using natural thistle pulp fibers for fire resistance. The line also features REPREVE® recycled polyester, removing four water bottles from the waste stream per queen mattress, and Oeko-Tex® Standard 100-certified fabrics, ensuring reduced harmful chemicals for safer sleep.The Glacier Lineup12-Inch Original Hybrid: A balanced classic hybrid offering comfort and support.13-Inch Summit Hybrid Pillow Top: Additional cooling gel and memory foam layers for extra pressure relief.14-Inch Apex Euro Pillow Top Hybrid: The ultimate in luxury, featuring CopperElement™ memory foam for plush yet supportive comfort.AvailabilityGlacier mattresses will be available on glaciersleep.com and over the phone, offering customers an unparalleled sleep experience with American-made hybrid cooling technology. For more information, visit www.glaciersleep.com.Media Contact:Brian Ma Bedding Industries of America Marketing Manager 1-(732) 628-0800 info@glaciersleep.comThis press release is issued through EmailWire™ (www.emailwire.com) – the global newswire service that provides Press Release distribution with guaranteed results™. Copyright 2025 ACN Newswire via SeaPRwire.com.

- Themed “Powering the Next Growth Engine”, the 18th Asian Financial Forum 2025 (AFF), the region’s first major international financial and business event of the year, opened today, expecting about 3,600 global financial and business elites from over 50 countries and regions- A distinguished line-up of speakers attended the opening session on the first day, including Zhou Ji, Executive Vice Director of the Hong Kong and Macao Affairs Office of the State Council of the People's Republic of China; Dr Pan Gongsheng, Governor of the People's Bank of China; and Liu Zhenmin, Special Envoy for Climate Change of the People's Republic of China- Prof Justin Lin Yifu, Chief Economist and Senior Vice President of the World Bank (2008-2012), spoke at today’s Keynote Luncheon, dissecting how to achieve stable growth and drive rapid economic development amid a complex international environment- The AFF brings together over 130 officials, multilateral organisation and business leaders from Mainland China, ASEAN, the Middle East, Asia, Europe and the United States to examine global dynamics and financial policies, foster global collaboration, and explore new drivers for future growth- The luncheon on the second day will feature a keynote speech by Prof Stuart Russell, Co-chair of the World Economic Forum’s Council on AI, who will share insights on how AI could become a new engine for global economic growthHONG KONG, Jan 13, 2025 - (ACN Newswire via SeaPRwire.com) – The 18th Asian Financial Forum (AFF) 2025, co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). Themed “Powering the Next Growth Engine”, the two-day forum has attracted over 130 global business leaders, policymakers, financial and wealth management experts, entrepreneurs, tech giants and economists as speakers. About 3,600 financial and business elites from over 50 countries and regions are expected to gather and explore how to ignite new engines for growth in 2025 and navigate the challenges ahead.The forum kicked off with opening remarks by John Lee, Chief Executive of the HKSAR, followed by addresses from Zhou Ji, Executive Vice Director of the Hong Kong and Macao Affairs Office of the State Council of the People's Republic of China; Dr Pan Gongsheng, Governor of the People's Bank of China; and Liu Zhenmin, Special Envoy for Climate Change of the People's Republic of China.Welcome remarks were delivered by Dr Peter KN Lam, Chairman of the HKTDC, who said: “Future growth will be different to that of the past, as traditional growth models face resource constraints and environmental pressures. Innovations, such as AI, renewable energy, fintech developments and healthcare discoveries, have the potential to power economic growth and enrich human development for decades to come. It is timely that the theme of this year’s Asian Financial Forum, ‘Powering the Next Growth Engine’, addresses these very questions from the perspective of finance and its impacts on broader business communities. The forum will discuss how the finance industry and corporates can support the next generation of innovative businesses and industries to help them unleash their potential and drive global growth in the years ahead.”The two-day forum presents over 40 sessions ranging from Plenary Sessions, Policy Dialogue, Keynote Luncheons and Breakfast Panel, Fireside Chats, and thematic workshops. Topics included global economic outlook, China opportunities, new markets opportunities, investment outlook, artificial intelligence (AI), fintech, sustainability, philanthropy, and more, giving participants a deeper understanding of future opportunities and insights into global economic development.Discussion session gathers international experts to address global challengesThis year’s forum is dedicated to driving new thinking, strengthening international cooperation and trust, and addressing the global economic landscape in a challenging environment. Plenary Session I – Innovation: The Solution to Unlock the Next Growth Engines, hosted by Christopher Hui, Secretary for Financial Services and the Treasury of the HKSAR, brought together finance officials and multilateral organisation leaders to examine financial policies in 2025. Guest speakers included Adylbek Kasymaliev, Chairman of the Cabinet of Ministers – Head of the Presidential Administration of Kyrgyz Republic; Muhammad Aurangzeb, Federal Minister of Finance and Revenue of Pakistan; Gilles Roth, Minister of Finance of Luxembourg; and Yoshiki Takeuchi, Deputy Secretary-General, Organisation for Economic Co-operation and Development (OECD).Plenary Session II – Collaboration: The Road to Growth and Prosperity focused on international cooperation and was also moderated by Christopher Hui. The panel speakers included Roberta Casali, Vice-President of Finance and Risk Management of the Asian Development Bank; Jin Liqun, President and Chair of the Board of Directors of the Asian Infrastructure Investment Bank (AIIB); and Satvinder Singh, Deputy Secretary-General for ASEAN Economic Community of the Association of Southeast Asian Nations (ASEAN). They explored ways to rebuild trust and deepen partnerships amid global challenges to achieve shared growth and common prosperity.A Policy Dialogue session, Accelerating Growth through Innovation, was moderated by Eddie Yue, Chief Executive of the Hong Kong Monetary Authority. Speakers included Bayardavaa Bayarsaikhan, Director General of the Monetary Policy Department of the Bank of Mongolia; Philip Lane, Chief Economist and Member of Executive Board of the European Central Bank; Rogelio V. Quevedo, Commissioner of Securities and Exchange Commission of the Philippines; and Dr Olli Rehn, Governor of the Bank of Finland. They exchanged valuable insights on issues such as global monetary policy trends and the impact of geopolitical factors on markets, helping businesses and organisations better navigate uncertainty and explore new opportunities for collaboration and growth.High calibre economists discuss economic growth strategies at today’s Keynote Luncheon Paul Chan, Financial Secretary of the HKSAR Government, gave his welcome remarks at today’s Keynote Luncheon. Prof Justin Lin Yifu, Chief Economist and Senior Vice President of the World Bank (2008-2012), delivered a keynote speech that addressed strategies for achieving stable economic growth. A dialogue session was moderated by Prof Richard Wong, Philip Wong Kennedy Wong Professor in Political Economy and Provost and Deputy Vice-Chancellor of the University of Hong Kong.Exploring the global outlook, opportunities in China and avenues for cooperationOne of the highlights of the afternoon session, the Global Economic Outlook discussion, was kicked off by Liu Haoling, Vice Chairman and President and Chief Investment Officer of the China Investment Corporation with a special address. The panel discussion was moderated by Victor Chu, Chairman and Chief Executive Officer of First Eastern Investment Group, with speakers including Ernesto Torres Cantú, Member of Executive Management Team and Head of International of Citi; Bonnie Y Chan, Chief Executive Officer of Hong Kong Exchanges and Clearing Limited; J Christopher Donahue, President and Chief Executive Officer of Federated Hermes, Inc; Antoine Gosset-Grainville, Chairman of the Board of Directors of AXA; and Dr Fred Hu, Founder and Chairman of Primavera Capital Group. The participants shared valuable insights on the drivers for global economic growth.Another well-received panel discussion at last year’s AFF, the China Opportunities session, was joined by some heavyweight speakers, including Charles Li, Founder and Chairman, Micro Connect; Li Yimei, Chief Executive Officer of China Asset Management; Ken Wong, Executive Vice President of Lenovo and President of Lenovo Solutions and Services Group; and Wilson Zhang, Managing Director, Global Executive Head of Equities, China International Capital Corporation Limited. They delved into the potential of the Chinese market and investment prospects under the country’s commitment to technological innovation.The green economy and sustainable development are among the key topics at this year’s forum. Corporates worldwide are actively undergoing a green transformation as regulators introduce relevant policies. The International Sustainability Standards Board (ISSB) published its first international sustainability disclosure standards, providing clear guidance for the green transition and sustainable development of corporates. In the meantime, corporates in Hong Kong will fully align the ISSB's sustainability disclosure standards from this year. Sue Lloyd, Vice Chair of the ISSB, will join other speakers to share the latest progress in sustainability reporting standards.Meanwhile, the HKTDC with AFF Knowledge Partner EY jointly conducted a survey exploring the perspectives and practices of Asian corporations and investors with regard to readiness to sustainability reporting, sustainable finance and climate change. The survey results were released today. Jack Chan, EY China Chairman and EY Greater China Regional Managing Partner, said the survey shared that an increasing number of businesses and investors are considering integrating sustainability into their operations, but barriers persist due to the lack of clearly defined frameworks and accessible resources. The survey also offers actionable insights and recommendations for companies looking to embark on a path toward sustainable development.Global investment matchmaking and diverse exhibition zonesAs one of the highlights of the forum, AFF Deal-making continues to offer an efficient one-on-one matching platform to project owners and investors. This year it has attracted over 270 investors and over 560 investment projects, covering a wide spectrum of sectors such as environment, energy and environmental technology, food and agritech, health tech, fintech, and deep tech. The Deal-making session helps foster active global collaboration and generate new business opportunities.Diverse exhibition zones foster innovation and cross-border collaborationThis year's AFF exhibition attracted over 140 fintech companies, start-ups and investment promotion agencies from around the world that are striving to stage an innovative and investment-driven grand financial event.A variety of exhibition zones are featured, including the Fintech Showcase, Fintech HK Startup Salon, the InnoVenture Salon and Global Investment Zone. The InnoVenture Salon offered a platform for over 100 start-ups to showcase the application of innovative technologies across different sectors, of which the Fintech HK Startup Salon has brought together over 60 fintech start-ups, featuring cutting-edge solutions from 22 countries and regions and helping to highlight Hong Kong's potential as a powerhouse for innovation and technology. The Global Investment Zone connects participants with business opportunities from different countries and regions.Sharing advanced insights into exploring emerging marketsThe session tomorrow offers a wide array of topics, including an exploration of the impact of AI on the financial industry. Prof Stuart Russell, Co-chair of the World Economic Forum’s Council on AI, and Dr Kai-Fu Lee, Chairman of Sinovation Ventures, will deliver remarks at the Keynote Luncheon and Dialogues for Tomorrow respectively, exploring the development and opportunities that AI offers for the future of workforce, investors and businesses from different perspectives.The Forum and the Gulf Cooperation Council (GCC) co-host the Gulf Cooperation Council Chapter tomorrow, making its debut this year. Christopher Hui, Secretary for Financial Services and the Treasury of the HKSAR, and Jasem Mohamed AlBudaiwi, Secretary General of the Cooperation Council for the Arab States of the Gulf, will deliver keynote remarks. Financial officials and representatives of financial institutions from Oman, Qatar, Saudi Arabia and the United Arab Emirates will join industry leaders from Hong Kong to discuss the economic development of Gulf countries and the potential for financial cooperation with Hong Kong.Additionally, the CIO Insights session, moderated by Albert Goh, Chief Investment Officer (External Managers), Exchange Fund Investment Office, Hong Kong Monetary Authority, panelists will share their views on asset allocation plans, maintaining investment convictions, and the opportunities emerging across the wider region and beyond. The session will bring together representatives from internationally renowned large corporations and family office, including Vincent Mortier, Group Chief Investment Officer of Amundi; Bei Saville, Chief Investment Officer, Treasury and Fingerboard Family Office, Advance; Manraj Sekhon, Chief Investment Officer of Templeton Global Investments; and Alexandra Wilson-Elizondo, Partner, Managing Director, and Co-Chief Investment Officer of Multi-Asset Solutions of Goldman Sachs Asset Management.With environmental, social and governance (ESG) now playing a larger role in the development of businesses, Asia needs to look at achieving the goals set by the Paris Agreement over the next 30 years. COP29 this year have reinforced the global trend towards a green and low-carbon transition. In a session titled Dialogues for Tomorrow – Asia Dialogue on Post COP29 Implementation: Enhance Climate Ambition and Enable Financing Action, Liu Zhenmin, Special Envoy for Climate Change of the People's Republic of China, will explore innovative financing mechanisms and collaboration opportunities with several leading experts to advance climate initiatives, as well as strategies to strengthen commitments and cooperation on climate goals. Additionally, Joe Tsai, Chairman of the Alibaba Group, will join the Global Spectrum session analysed the role of corporate social responsibility and philanthropy in supporting start-ups and social enterprises from a macro perspective.For the latest edition of the AFF, the event has collaborated with several organisations to offer special discounts and privileges for travel, dining and shopping, encouraging participants to make the most of their stay in Hong Kong and experience the city’s vitality. Activities offered to visitors include the Peak Tram and Sky Terrace experience, the Aqua Luna Victoria Harbour Cruise, visits to Man Mo Temple and Tai Kwun, dining discounts in Lan Kwai Fong, access to the Winter Wonderland at Happy Valley Racecourse’s Happy Wednesday, and a dining discount provided by Lei Garden. The goal is to give overseas participants a deeper understanding of Hong Kong, promote the conference and mega event economy, and tell positive stories about the city.Photo download: http://bit.ly/42igLNwhttps://www.uphoto.cn/album_ia1082272835.htmlThe 18th Asian Financial Forum opened today at the Hong Kong Convention and Exhibition Centre (HKCEC), running for two days under the theme “Powering the Next Growth Engine”John Lee, Chief Executive of the HKSAR, delivered opening remarks todayDr Peter KN Lam, Chairman of the HKTDC, delivered welcome remarks to participants this morningPaul Chan, Financial Secretary of the HKSAR Government participated in the Keynote Luncheon today and delivered welcome remarksChristopher Hui (left), Secretary for Financial Services and the Treasury of the HKSAR, hosted two thematic discussion sessions todayThis year’s AFF Deal-making, an investment project matchmaking event organised by the HKTDC and the Hong Kong Venture Capital and Private Equity Association (HKVCA), has brought together over 270 investors and over 560 projects. After the forum, participants can join one-to-one online meetings to build connections until 16 January (Thursday)The exhibition zones at this year’s AFF have attracted over 140 fintech companies, start-ups, and international investment agencies from around the worldWebsites- Asian Financial Forum: https://www.asianfinancialforum.com/conference/aff/en- Programme: https://www.asianfinancialforum.com/conference/aff/en/programme- Speaker list: https://www.asianfinancialforum.com/conference/aff/en/speakerMedia enquiriesYuan Tung Financial Relations:Agnes YiuTel: (852) 3428 5690Email: ayiu@yuantung.com.hkLouise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgHKTDC Media Room: https://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jan 13, 2025 - (ACN Newswire via SeaPRwire.com) – As the wave of digital and intelligent transformation sweeps the world, Artificial Intelligence (AI) technology, as a core driving force behind the new round of technological innovation, is gradually becoming the focus of the healthcare industry.Recently, Microware Group Limited ("Microware", HKEX: 1985.HK,) and GAREA TECH announced the establishment of a strategic partnership. Both parties will work together, leverage their extensive expertise in healthcare and technology to advance the application of AI in medical practice. Together, they are committed to elevating the precision and quality of healthcare services to new heights, benefiting patients worldwide.As one of the leaders in Hong Kong's IT industry, Microware has been established for 40 years, serving 2,000 + clients per annum; 60% of the top 100 listed companies in Hong Kong; and providing services to 80 government units. In recent years, Microware has continuously increased its investment in AI solutions and infrastructure research and development. It has independently developed a new generation of enterprise AI productivity platform, dedicating itself to the deep integration of AI, 5G, big data and Internet of Things technologies, and innovatively applying to smart education, smart medical care, smart government and smart manufacturing.GAREA TECH, on the other hand, is a global leader in providing comprehensive digital healthcare solutions, dedicated to the digital transformation of primary healthcare and the innovation of smart health services. The company has launched the first intelligent general practitioner equipment and has promoted the "Primary Healthcare Service System" in multiple countries and regions worldwide. The collaboration between the two parties will focus on achieving the deep integration of AI and healthcare, offering an integrated smart healthcare solution for the Hong Kong medical market. This solution includes an all-in-one general practitioner workstation, case translation, multilingual real-time speech transcription, multilingual real-time translation, medical record generation, personalized medical databases, and efficient AI consultation tools. In the future, these products will be fully implemented in multiple hospitals and clinics in Hong Kong. Through this collaboration, Microware and GAREA TECH will leverage their cutting-edge technology resources and innovation capabilities to provide more convenient, efficient, and personalized medical services, jointly building a new AI healthcare ecosystem in Hong Kong.AI + Healthcare: Collaborative Innovation to Meet the Urgent Needs of Healthcare Service ReformHong Kong's healthcare system enjoys a global reputation for high efficiency. The average life expectancy of its residents ranks among the highest in the world - 80 years old for men and 86 years old for women. In terms of economic investment, Hong Kong allocates about 6% of its GDP in healthcare, which is relatively low by global standard. Despite this, it can maintain a high level of healthcare service quality and residents' health indicators, showing the efficiency and cost-effectiveness of its medical system.However, in-depth analysis shows that with the acceleration of population aging and the surge in the number of patients with chronic diseases, Hong Kong's current medical system is facing unprecedented challenges. According to the data of the Census and Statistics Department of the Hong Kong SAR Government, the population aged 65 and above accounts for 20.8% of the total population in 2022, and it is expected to rise to 31% by 2039. In 2020/21, the population suffering from chronic diseases will be 31%, about 2.2 million, of which the population aged 65 and above accounts for 47%. The changes in population structure have prompted Hong Kong's primary healthcare system to accelerate the reform of medical service models to meet the increasingly high demand for medical services.Confronted with numerous challenges within Hong Kong's healthcare system, the imperative for the integration and innovative deployment of AI technology has become exceedingly pressing. The AI solutions of Microware can cover more than 20 physical examination projects and complete the detection of more than 100 health indicators. Its self-developed new generation enterprise AI productivity platform, Microcraft, provides out-of-the-box AI applications including knowledge center, multilingual real-time speech transcription, multilingual real-time speech translation, complex document analysis and translation, and AI question and answering. It can not only significantly improve the quality and accessibility of medical services, but can also provide patients with more personalized and precise treatment plans. By utilizing advanced AI algorithms and big data analysis capabilities, it aims to improve overall healthcare efficiency and patient experience. In addition, relying on the significant advantages of GAREA TECH in communication technology, integrated application fields, etc., this cooperation will significantly accelerate the innovative transformation of Hong Kong's primary healthcare service model, and promote its entry into the forefront of digital and intelligent healthcare development.Policy Directive: Harnessing AI to Forge a Pioneering Healthcare Ecosystem in Hong KongMarket growth driven by social needs, coupled with the proactive guidance of policies, has created a powerful synergy that has jointly promoting the popularization and rapid development of AI in the medical industry. In the "2022-2027 Strategic Plan" released by the Hong Kong Hospital Authority, it is clearly proposed that smart medical care should be one of the core directions of future medical development. As the country continues to deepen "smart medical care", AI has become an important driving force for innovation in the medical industry.Additionally, the recently issued "Primary Healthcare Blueprint" by the Hong Kong SAR marks a significant step forward towards smart healthcare. The plan outlines the goals for strengthening Hong Kong's primary healthcare system, focusing on five key areas: building a robust primary healthcare framework, enhancing healthcare management at the grassroots level, integrating resources, strengthening the training of primary healthcare workers, and improving data exchange and health monitoring systems. This initiative aims to address the challenges posed by the aging population and the increasing incidence of chronic diseases.The launch of this policy not only underscores Hong Kong's commitment to improving public health and quality of life, but also provides a strong policy foundation for the development and application of AI technology in the healthcare sector.In this critical period when artificial intelligence is profoundly transforming the healthcare industry, the collaboration between Microware and GAREA TECH comes at an opportune moment. It not only represents a proactive response to these policies but also signals the arrival of a new era of comprehensive smart healthcare development in Hong Kong’s primary healthcare system.The Prospects of The Smart Healthcare Industry are Vast: A Powerful Partnership Deepening Market ExpansionWith the continuous maturity of AI technology and strong support from the policy level, the market of China's smart healthcare industry has shown a rapid growth trend. The latest "2022-2027 China smart healthcare industry development trend and investment risk research report" released by ASKCI Institute shows that with the advancement of science and technology and the improvement of people's health awareness, smart medical care is gradually becoming an important part of the medical system.In the past few years, China's smart healthcare industry has experienced unprecedented rapid growth. In 2023, the market size has reached an astonishing CNY 6.29 billion, showing a strong upward momentum. From 2019 to 2023, the average annual compound growth rate is as high as 53.37%, which fully reflects the vigorous development trend of China's smart medical industry. According to the forecast, by 2024, China's smart medical industry market will further grow to CNY 11.14 billion. This expectation not only reveals the urgent expectation of the current medical industry for digital transformation, but also shows its huge development potential and market prospects.Simultaneously, deep investment in technology research and development is pivotal to sustaining a competitive edge within the industry. With its breakthrough progress in multilingual real-time speech recognition and translation technology, Microware can support the real-time transcription and translation of Cantonese, Mandarin and English, and the analysis and translation of complex documents, which greatly meets the needs of patients in Hong Kong and other multilingual environments. At present, Microware’s equipment has been deployed by 130 clinics, with the goal of covering 3,000 clinics. This not only provides unprecedented convenience for primary healthcare services in Hong Kong, but also promotes the group's long-term strategic planning and layout in the medical field, injecting new impetus into the sustainable development of the industry.Moreover, as the collaboration between both parties deepens, the development of AI technology in the healthcare sector is bound to drive the collaborative growth of the related industry chain, including areas such as medical device manufacturing, software development, and data analysis. The penetration of these technologies will undoubtedly bring innovative opportunities to the healthcare industry, opening new avenues for business value.Guided by the light of technology, the collaboration between Microware and GAREA TECH marks not only an important milestone in the application of AI in Hong Kong's primary healthcare sector but also a bold exploration of the intelligent transformation of the healthcare industry. Looking ahead, both parties will integrate their multifaceted resources to jointly promote the development of smart healthcare. Through the construction of an intelligent development framework, they will provide a new paradigm for the innovation of healthcare service models in Hong Kong and around the world, leading us into a new era of more intelligent and efficient healthcare services. Copyright 2025 ACN Newswire via SeaPRwire.com.

ZUG, SWITZERLAND, Jan 13, 2025 - (ACN Newswire via SeaPRwire.com) - Switzerland is set to host the highly anticipated Swiss WEB3FEST Winter Edition 2025, an unparalleled event series on innovation, investments and collaboration within the WEB3 ecosystem. Organized by Inacta Ventures, the event will unfold across iconic Swiss locations: Zug, Zurich, St. Moritz, and Davos, from January 13 to January 24, 2025.Proudly titled in partnership with BitcoinOS, this event series promises to unite global leaders, investors, startups, and enthusiasts under one mission: unlocking the transformative potential of WEB3 technologies. Bitcoin is evolving beyond digital gold to become the foundation of a new economy. Innovations like those from BitcoinOS enable fast transactions, smart contracts, and decentralized applications, positioning Bitcoin as a key driver of the WEB3 revolution.What is the WEB3FEST?WEB3FEST is a global conference series focused on technology and innovation in AI, Blockchain and Sustainability. It serves as a vibrant hub where companies across the value chain – from agile startups to international corporations – converge to share ideas, build networks, and shape the future of the industry.The Swiss WEB3FEST Winter Edition is taking place across Zug, Zurich, St. Moritz, and Davos during the World Economic Forum. It is designed to explore specific topics each day, connect the thriving Crypto Valley and Crypto Oasis ecosystems, and bridge diverse regions through meaningful collaboration. Attendees will have the opportunity to engage with thought leaders, pioneers, and visionaries in the blockchain space, fostering an environment of innovation and networking. Now in its 5th edition and the 2nd Winter Edition, WEB3FEST continues to be an important cornerstone for those looking to connect with global stakeholders, investors, and innovators in the world of Web3.At the heart of this transformative event is BitcoinOS, whose groundbreaking advancements in Bitcoin technology redefine possibilities in Blockchain. Participating organizations such as aeternity Foundation, The Hashgraph Association, DFINITY Foundation / Internet Computer, Solana Foundation, Ledger, and Multibank.io add to the event’s relevance, reflecting its global influence and comprehensive approach to WEB3 innovation.The investor events are co-created with Ordway Selections, a private investment office from Switzerland, to connect the participating early-stage investors, VCs and private equity institutions with outstanding investment opportunities.Event HighlightsJanuary 13, 2025Kick-Off Night - Launch Swiss WEB3FEST with a dynamic networking evening at SHED Zug.January 14, 2025The Green Block Talks - Explore sustainability in AI and WEB3 at Trust Square, Zurich.January 15, 2025Crypto Valley Afterwork - Engage with innovators over cocktails at SHED Zug.BitcoinOS Investor Dinner - Discover BitcoinOS’s vision and connect with top blockchain investors at SHED Zug.January 16, 2025Crypto Valley Afterwork - Enjoy informal networking at Pavarotti Wine Bar, St. Moritz.January 17, 2025WEB3 Talks - Gain insights from thought leaders at the Kempinski Hotel, St. Moritz.WEB3 Investor Dinner - Celebrate Crypto Valley with an exclusive show & dining experience at Billionaires Restaurant, St. Moritz.January 18, 2025WEB3 Investor Circle - Network in the serene mountain setting of El Paradiso, St. Moritz.January 21, 2025WEB3 Investor Circle - Connect with investors during a private dinner in Davos.January 22, 2025WEB3 Talks – Dive into blockchain insights and future trends at the House of Trust, Davos.OnlyFriends Party – Connect with WEB3 leaders in a lively, exclusive setting also at the House of Trust. January 24, 2025Shark Island - Witness groundbreaking startup pitches in a live treasure hunt at SHED Zug.Recap Night - Reflect on the festival’s highlights during the concluding night at SHED Zug.Powered by BitcoinOSAs the title partner, BitcoinOS is revolutionizing Bitcoin by bringing fast, secure transactions, smart contracts, and modern applications to the world’s most trusted blockchain. Their pioneering work includes the first verification of a zK proof on Bitcoin and numerous high-profile integrations with platforms like Cardano, Merlin, and BSquared. BitcoinOS’s innovations position it as a cornerstone of the WEB3 revolution and a driving force behind the success of WEB3FEST.BitcoinOS’s vision aligns perfectly with WEB3FEST’s goal of fostering innovation and creating impactful connections across the blockchain ecosystem. By showcasing Bitcoin’s expanded capabilities, BitcoinOS emphasizes its role in shaping the next chapter of WEB3 development.About the OrganizersInacta VenturesAt the helm of the WEB3 revolution, Inacta Ventures builds ecosystems, ventures, and smart capital strategies. With operations in the thriving Crypto Valley in Switzerland and the Crypto Oasis in the UAE, Inacta empowers over 100 portfolio companies and enterprises to scale groundbreaking WEB3 solutions.Ordway SelectionsOrdway Selections, headquartered in Zug, Switzerland, is a private investment firm dedicated to seeding innovation and financing growth. Leveraging our extensive industry network, they adopt a collaborative approach, striving to co-invest with partners who share their values and vision for transforming global critical systems.RegistrationReserve your spot now and join the world’s brightest minds to shape the future of WEB3: Register HereFor more details, visit: web3fest.chContact:Fabio SchlafHead of Ecosystem DevelopmentInacta Ventures and Crypto Oasisfabio@cryptooasis.ae Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jan 10, 2025 - (ACN Newswire via SeaPRwire.com) – On January 7, 2025, the four-day International Consumer Electronics Show (CES 2025) was grandly held in Las Vegas. As a bellwether for technological innovation, CES serves not only as a platform to display the latest technological achievements but also as an essential window into future technological trends.Vortex 8's Stunning Showcase Highlights the Limitless Potential of Water Purification TechnologyViomi Technology Co., Ltd. (“Viomi,”, “the Company”, NASDAQ: VIOT) made its grand entrance at CES 2025 with its new product, the Vortex 8. This launch not only highlights the Company’s cutting-edge position in water purification technology but also showcases its deep commitment to sustainability and relentless pursuit of innovation.Viomi’s booth featured two flagship products: the Kunlun Mineral Water Purifier and the Vortex 8. Both products are equipped with RO filtration technology, which leverages its precision of 0.0001 microns to effectively remove harmful pollutants such as PFOA, PFOS, viruses, heavy metals, and microplastics. Additionally, the systems significantly lower the Total Dissolved Solids (TDS) levels, providing consumers with pure and safe drinking water. With an efficient 3:1 wastewater ratio and a 4-year long-life filter design, these products not only improve filtration efficiency but also significantly reduce water wastage and replacement costs. This marks a major breakthrough for Viomi in the field of home water health. Vortex 8 had previously gained strong support on Kickstarter, raising over HKD 450,000 from nearly 200 backers, exceeding expectations by 1,200%. Following its launch on Amazon, it has also received enthusiastic feedback from consumers. Users commonly praise the Vortex 8 for its ability to effectively conserve water, ease of installation, and high marks for its RO filtration technology.Furthermore, the Viomi Kunlun Mineral Water Purifier offers a unique experience, featuring the ability to release six vital minerals. This provides users seeking a high-quality, healthy lifestyle with a drinking water solution enriched with beneficial minerals, redefining the standards and possibilities for modern household health water. The Kunlun Mineral Water Purifier's filter core is sourced from Kunlun Mountain’s blue stone mineral deposits. Through two industry-first innovations—NLS natural lava physical composite technology and SMM mineral micropore passivation—along with AI mineral slow-release algorithms, it intelligently adjusts the system for stable and efficient mineral release from the filter core. The water filtered by the Kunlun system contains six beneficial minerals—strontium, sodium, magnesium, potassium, calcium, and metasilicic acid—similar to the mineral content found in natural mineral waters. Among these, strontium levels reach 0.4-1.4 mg/L, which is twice the national standard (0.2 mg/L), enabling users to enjoy high-quality Kunlun mineral water containing strontium and metasilicic acid right at home.Viomi’s Founder and CEO, Chen Xiaoping, remarked: “Vortex 8 is more than just a water purifier; it is an enhancement of everyday living. With its exceptional performance, long-lasting durability, and environmentally friendly design, it epitomizes our commitment to providing cleaner and better water to every household.”Showcasing China’s Innovation: Viomi Establishes a New Standard in the Water Filtration IndustryAs Chinese companies continue to enhance their technological capabilities and product quality, they are progressively establishing strong brand identities through sustained investment in R&D and active market expansion. As a result, Chinese enterprises are emerging as key players on the global stage. In recent years, the water purifier industry has experienced positive growth, driven by policy guidance, increasing market demand, and technological advancements. The Chinese government has introduced a series of policies aimed at promoting the development of energy-efficient and environmentally friendly water purification products, aligning with the country’s long-term goal of achieving carbon peak by 2030. The State Council’s “Water Conservation Regulations” have also proposed an innovative approach to water management, emphasizing the importance of water conservation and addressing water resource issues within the broader framework of modernization. These policies are not only driving the upgrade of water purifier products but also creating a favorable development environment for the industry. As consumer awareness of water safety continues to rise, the demand for water purification products in China is expected to grow, presenting significant market potential. According to the China Forward Industry Research Institute, the Chinese water purifier market is projected to grow at an annual rate of nearly 9%, potentially exceeding 30 billion RMB by 2028. Meanwhile, the U.S. water filtration market is also experiencing steady growth, with a projected market size of $10.4 billion by 2032. According to a report from the nonprofit organization DigDeep, 2.2 million people in the U.S. lack access to basic indoor plumbing and tap water, and over 44 million people rely on substandard water systems, highlighting the critical role of water purifiers.As a leader in the water purification industry, Viomi is spearheading technological advancements with its “AI for Better Water” smart purification technology. Viomi’s ERO+AI technology enables real-time water quality adjustment and monitoring while retaining beneficial minerals in the water. In 2024, Viomi underwent a strategic business reorganization, divesting from certain loss-making operations to focus exclusively on its core water purification business. By leveraging its extensive expertise in AI, smart hardware, and software development, Viomi is committed to providing superior drinking water solutions for households worldwide. As a pioneer in the global water filtration industry, Viomi has applied for over 1,600 water purification patents and more than 500 invention patents, dedicated to advancing water purification standards through advanced reverse osmosis systems and intelligent filtration technologies.Viomi’s product lineup spans from under-sink RO systems to comprehensive whole-house softening and purification solutions, as well as countertop models, offering a wide variety of choices for different household needs. These products cater to water requirements in various settings, including living rooms, bedrooms, and studies, while also enhancing both aesthetic appeal and practicality through user-centric designs and environmentally friendly materials. Viomi’s commitment to innovation and market strategy has positioned the company as a driving force in the industry’s shift towards smarter, healthier water solutions. Moreover, Viomi operates a state-of-the-art “Water Purifier Gigafactory,” with an annual production capacity of 5 million units and a filter element capacity of 30 million units. This highly integrated supply chain and automated production line ensure top-tier product quality and operational efficiency. The factory’s high-standard, clean production environment, along with a fully traceable quality control system, solidifies Viomi’s dominant position in the industry. Through these advantages, Viomi is not only meeting the growing global demand for clean, fresh, and healthy drinking water but also setting a new benchmark for sustainable development in the water filtration sector.Financial OutlookFrom a financial perspective, Viomi is optimistic about its full-year 2024 performance, with expected revenues from continuing operations projected to be between 1.7 billion and 1.9 billion RMB. The Company anticipates profits from these operations to range between 110 million and 130 million RMB. This positive outlook is closely tied to the company’s strategic business reorganization completed in August 2024, which involved divesting certain IoT@Home businesses and assets in order to concentrate on its core water purification operations. This restructuring initiative aims to optimize the company’s business structure, enhance operational efficiency, and focus on R&D and innovation in the water purification field. For the first half of 2024, Viomi reported net revenues of 1.04 billion RMB, with net profit attributable to ordinary shareholders reaching 6 million RMB, marking a successful turnaround. Excluding the divested businesses, revenue from core water purification and related services exceeded 800 million RMB, with operating profit surpassing 50 million RMB. The Company’s overall gross margin increased from 22.0% in the previous year to 24.8%, while operating expenses decreased by 19.2% year-on-year, driven by continuous cost-reduction and efficiency-improvement efforts. Viomi’s strategic focus on its core business not only enhances its profitability but also strengthens investor confidence in the company’s future. With continued investments in the water purification sector, Viomi is well-positioned to maintain growth throughout the second half of the year, achieving its annual performance goals.At CES 2025, Viomi showcased its industry leadership with the Vortex 8’s innovative filtration technology and versatile applications, marking a significant milestone in the Company’s technological progress. This development underscores the rise of Chinese technology on the global stage and injects new momentum into the pursuit of a better future. As technology continues to evolve and expand globally, we have every reason to expect that more Chinese companies, like Viomi, will emerge to offer groundbreaking innovations and transformative solutions to global consumers.About VIOMIVIOMI is a NASDAQ-listed company, dedicated to advancing water purification technology under its vision of “AI For Better Water”. With over a decade of experience in creating smart home solutions, VIOMI has redefined the standards for water purification through its advanced reverse osmosis systems and intelligent filtration technologies. With a state-of-the-art, 100,000-square-meter factory and fully automated production lines, VIOMI continues to push the boundaries of innovation in the water industry. VIOMI’s mission is to make clean, pure, and sustainable water accessible to homes everywhere. Having secured over 4,000 patents and global recognition, VIOMI leads the water filtration industry while focusing on improving global access to safe, clean drinking water.For enquiry, please contact Intelligent Joy Limited:Rosanne RenPhone：（852）3594 6407Email：pr-team@intelligentjoy.com Copyright 2025 ACN Newswire via SeaPRwire.com.