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Tuesday, December 10, 2019

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) Promotes Company Executives in Preparation for Continued Growth and Expansion


Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) Promotes Company Executives in Preparation for Continued Growth and Expansion



NEW YORK - December 10, 2019 (Investorideas.com Newswire) Weyland Tech, Inc. (OTCQX: WEYL), a leading global Platform-as-a-Service (PaaS) provider of m-Commerce and fintech solutions, has promoted three company executives to new or existing positions.

Eddie Foong, founder of CreateApp, was promoted to the new position of chief product officer. He previously served as chief operating officer.

John MacNeil was promoted to chief operating officer. Previously, served as director of capital markets.

Matthew Brent was promoted to the new position of chief strategy officer. Previously, he was head of corporate development and product strategy.


"As we continue on our rapid growth trajectory, we recognize the importance of having the right executive team in place to execute on our ambitious plans," said Brent Suen, CEO of Weyland. "Near-term, these plans include completing the acquisition and integration of a Push Interactive's U.S.-based eCommerce platform, introducing our award-winning CreateApp PaaS solution to North America, and building out additional value-added products and services for SMBs and major brands."

"These three highly experienced, capable and accomplished team members were ideal candidates to assume greater responsibility and oversight of our day-to-day operations, as well as drive business and product development with a focus on customer experience," continued Suen. "We expect them to continue to drive our momentum forward and keep us on track for another year of record growth in 2020."

Executive Bios
Eddie Foong has over 17 years of experience in IT, sales and marketing and operations. He was involved in a RFID technology company that developed and changed Singapore National Library Books borrowing system island-wide. He previously headed the sales and marketing department of Info. Technology within MNCs and government agencies. He is also an IBM Award recipient and holds a Bachelor of Engineering, first-class honors, from University of Strathclyde, U.K.

John MacNeil has more than 30 years of experience in the financial services and technology industries. He has advised technology, financial technology and renewable energy companies on strategic relationships, financial forecasting, investor relations and capital formation. He previously served as a portfolio manager for technology funds at Schroders Investment Management. He holds a Bachelor of Electrical Engineering from University of Connecticut and MBA from Columbia Business School.

Matthew Brent has over 10 years of experience in software and product development. He has built and led teams from across North America, China, and Southeast Asia to deliver products for global entertainment, media, and technology companies, including Sony Computer Entertainment America, Activision Blizzard, The Upper Deck Company, and The Sesame Street Workshop. He received his Bachelor of Arts in Philosophy from the University of Illinois, Chicago.

About Weyland Tech
Weyland Tech is a developer and global provider of mobile business software applications. The company operates its CreateApp™ platform-as-a-service (PaaS) across three continents and 10 countries, including some of the fastest-growing emerging markets in Southeast Asia. The platform provides a mobile presence for small-and-medium sized businesses (SMBs) that is supported locally by distributor partnerships.

Offered in 14 languages with more than 70 integrated modules, CreateApp enables SMBs to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. The technology empowers SMBs to increase sales, reach more customers, manage logistics, and promote their products and services in an easy, affordable and highly efficient way.

The company's subsidiary, Weyland Indonesia Perkasa (WIP), operates AtozPay and AtozGo™. The AtozPay mobile payments platform serves the burgeoning m-Commerce and e-Payment markets in Indonesia, the world's fourth most populous country. AtozGo is a fast-growing short-distance food delivery service operated in Jakarta, Indonesia.
For more information, visit www.weyland-tech.com..

Important Cautions Regarding Forward Looking Statements
This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the ability of the Company to successfully collaborate with and integrate Push, the continued growth of the e-commerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.

Company Contact
Brent Suen, CEO
Weyland Tech Inc.

Media & Investor Contact
Ronald Both or Grant Stude
CMA
Tel (949) 432-7566
WEYL@cma.team

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Monday, December 9, 2019

The #AIEye: NVIDIA (Nasdaq: $NVDA) Develops #AI That Predicts 3D Properties of 2D Images and Baidu (Nasdaq: $BIDU) Registers Most AI Patent Applications of the Year in China




The #AIEye: NVIDIA (Nasdaq: $NVDA) Develops #AI That Predicts 3D Properties of 2D Images and Baidu (Nasdaq: $BIDU) Registers Most AI Patent Applications of the Year in China

Global AI-Powered Storage Market to Reach $34.5 Billion by 2024




Point Roberts WA, Vancouver BC – December 9, 2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGS:NVDA) (NasdaqGS:BIDU)

NVIDIA Corporation (NasdaqGS:NVDA) has developed an AI that can predict and render 3D properties of 2D images, detailed in a recently-published paper: Learning to Predict 3D Objects with an Interpolation-based Differentiable Renderer. An excerpt from the paper’s introduction reads:

3D visual perception contributes invaluable information when understanding and interacting with the real world. However, the raw sensory input to both human and machine visual processing streams are 2D projections (images), formed by the complex interactions of 3D geometry with light. Enabling machine learning models to understand the image formation process could facilitate disentanglement of geometry from the lighting effects, which is key in achieving invariance and robustness.

Baidu, Inc. (NasdaqGS:BIDU) has filed the most AI-related patent applications in China, according to a recent study from the research unit of China’s Ministry of Industry and Information Technology (MIIT). The firm had a total of 5,712 AI-related patent applications as of October 2019. Victor Liang, Vice President and General Counsel of Baidu, commented:

“Baidu retained the top spot for AI patent applications in China because of our continuous research and investment in developing AI, as well as our strategic focus on patents.

In the future, we will continue to increase our investments into securing AI patents, especially for high-value and high-quality patents, to provide a solid foundation for Baidu’s AI business and for our development of world-leading technology.”

Global AI-Powered Storage Market to Reach $34.5 Billion by 2024

A report from Markets and Markets finds that the global AI-Powered Storage market is projected to grow from $10.4 billion in 2019 to $34.5 billion by 2024 with a compound annual growth rate (CAGR) of 27.1 percent. An excerpt from the report description outlines the AI-powered storage market for BFSI, which is expected to be the largest component of the market under discussion:

The major objectives of AI in the BFSI sector are to provide personalized customer experience, faster turn-around-time, error-free back-end processes, which run without human intervention, and security and compliance. In the finance sector, decisions about loans are now being made by software that can take into account a variety of finely parsed data about a borrower, rather than just a credit score and a background check. In addition, there are also robo-advisors that create personalized investment portfolios. The BFSI sector is embracing advanced analytics and at the same time increasing compliances and government regulations, thereby, raising the demand for high-level data storage capabilities and leveraging the AI-powered storage market.

Sam Mowers, Investorideas.com

             
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Friday, December 6, 2019

The #AIEye: GBT (OTCPINK: $GTCH) Announces Deployment of Avant! #AI Into Sports Handicapping and AWS (NasdaqGS: $AMZN) Partners with #NFL


The #AIEye: GBT (OTCPINK: $GTCH) Announces Deployment of Avant! #AI Into Sports Handicapping and AWS (NasdaqGS: $AMZN) Partners with #NFL

Global #AI in BFSI Market to Reach $247.36 Billion by 2026



Point Roberts WA, Vancouver BC – December 6, 2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:



Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (OTCPINK:GTCH) (NasdaqGS:AMZN)

GBT Technologies Inc. (OTCPINK:GTCH) is deploying its Avant! AI into the field of Sports Handicapping. The implementation of recurrent relational reasoning (used in Recurrent Relational Networks - RRN) within the next months will allow Avant! “a logic analysis boost to handle vastly complex information and data interpretation’, according to the press release. An excerpt from the release reads:

GBT's new pilot project to deploy the new set of algorithms into Sports Handicapping will try to cope with a "human-based industry" via an AI platform to pick certain games from existing lines published by main betting providers.

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has partnered with the National Football League (NFL) to advance player health and safety using the former’s “artificial intelligence (AI) and machine learning (ML) services to provide a deeper and more profound understanding of the game than ever before”. Andy Jassy, CEO of AWS, explained:

"By leveraging the breadth and depth of AWS services, the NFL is growing its leadership position in driving innovation and improvements in health and player safety, which is good news not only for NFL players, but also for athletes everywhere. This partnership represents an opportunity for the NFL and AWS to develop new approaches and advanced tools to prevent injury, both in and potentially beyond football."


Global AI in BFSI Market to Reach $247.36 Billion by 2026

A report from Allied Market Research finds that the global AI in BFSI (banking, financial services and insurance) market will grow from $17.76 billion in 2018 to $247.36 billion in 2026 with a compound annual growth rate (CAGR) of 38 percent in the forecast period. An excerpt from the report overview reads:

Proactive customer experience by automating backend process to reduce human error, with the help of AI, is expected to drive the growth of the AI in BFSI market. In addition, chatbots and robo-advisors for financial products and smart wallets are some of the factors that fuel the market growth. Furthermore, fraud detection, risk mitigation, back-end office works with thousands of people processing customer requests are improved with the help of AI enabled technologies such as chatbots, machine learning, and other such technologies, which boosts the growth of the market. However, higher cost for implementation of AI technologies, rise in security concerns, and inadequacy of trust while issuing customer data is expected to restrain the market growth.

Sam Mowers, Investorideas.com


For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure : GTCH is a monthly paid featured company on Investtorideas.com More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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#Defense #Stock News: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Announces Appointment of Industry Veteran William Maginas to Board


#Defense #Stock News: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Announces Appointment of Industry Veteran William Maginas to Board

Former Johnson Controls Executive Joins Company as #PATSCAN Platform continues global strategic rollout


TORONTO, ON –December 6, 2019 (Investorideas.com Newswire ) Patriot One Technologies Inc.  (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL)  (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is pleased to announce that the outgoing President of Johnson Controls Canada, William (Bill) Maginas, will join the Company’s Board of Directors, upon leaving  his role with Johnson Controls.


William Maginas is an accomplished Senior Executive and Thought Leader with more than 20 years of success across the commercial building, construction, technology, security, energy, and environmental solutions industries. Leveraging extensive experience in strategic direction, innovative business models, operational guidance, growth, sales, account management, and financial success, he is a tremendously valuable advisor for an organization going through large-scale evolution. His broad areas of expertise include business process improvement, change management, growth, and strategy.   Throughout his executive career, Mr. Maginas has held leadership positions with Johnson Controls and Honeywell.

At Johnson Controls, Bill was responsible for the company’s operations and growth strategy in Canada. In this position, Bill was focused on a breadth of technologies in the security, fire, life safety, and HVAC industries. In 2016, after the merger of Johnson Controls International (JCI) and Tyco, he led the integration of 3,000 employees across three business units in 40 locations across the country. Prior to joining Johnson Controls, Maginas spent 17 years at Honeywell in a variety of roles, including leading the company’s building solution business in Canada, managing high-growth regions, such as Brazil, Turkey, and Mexico and as the Business Model Innovation leader at Connected Buildings.

“We are thrilled to have Bill join our Board of Directors. His extensive career with Johnson Controls and Honeywell  makes him an ideal fit for this next chapter with Patriot One,” expressed Peter van der Gracht, interim Chairman of the Board of Patriot One.  “Bill’s experience in the security and technology space will bring invaluable insights and leadership to our growing company.  And with Johnson Controls as one of our recently announced partners, we plan to take his advice and recommendations on how to best grow and deliver on this strategic relationship throughout 2020 and beyond.”

“I am honored to have been asked to join the board of this innovative and forward-thinking company,” shared Bill Maginas.  “I have been working in the security solutions industry for 20 years  and believe that the PATSCAN Platform will become an effective tool for the early detection of active threats. The affordability, integration capability and user experience will make this part of every Security Officer’s plan to provide a safe environment with limited obstruction.”

Bill Maginas will begin his duties as a Director on Patriot One’s Board on January 1, 2020.
On Behalf of the Board,

“Peter van der Gracht”
Peter van der Gracht
Interim Chairman of the Board  

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):
Patriot Ones’ mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.

For further information, please contact:
Patriot One Technologies Inquiries

Investor Relations
John Martin, Patriot One Technologies                                   
+1 (888) 728-1332                                                                     
                                                         
Media Contacts:
Scott Ledingham, Patriot One Technologies                                   
+1-613-806-7135                                                                       

CAUTIONARY DISCLAIMER STATEMENT:
No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to system sales, product development, board composition, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects”,” believes”, and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring TSX: PAT is a paid for news release on Investorideas.com ($750) More disclaimer info:
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