MONTREAL, QC / ACCESS Newswire / August 11, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) (“Vision Marine” or the “Company”), a leader in high-performance electric marine propulsion, proudly announces a strategic partnership with Memphré Boat Racing, the student engineering team from the Université de Sherbrooke’s Faculty of Engineering. The partnership supports the team’s participation in the Monaco Energy Boat Challenge (MEBC) – an international competition at the forefront of sustainable marine innovation.
Through this multi-year agreement, Vision Marine becomes Principal Partner, providing a monetary contribution, propulsion system equipment, and technical mentorship. The collaboration strengthens Quebec’s leadership in marine electrification and empowers a new generation of engineers to break boundaries through sustainable innovation.
“This partnership is more than a sponsorship – it’s a reflection of who we are,” said Alexandre Mongeon, Co-Founder and CEO of Vision Marine Technologies. “We believe that innovation must be shared, taught, and constantly challenged. By supporting the next wave of talent, we are building the ecosystem required to move our entire industry forward.”
Under the terms of the agreement, Vision Marine’s brand and engineering support will be prominently featured across the team’s initiatives – from logo placement on the boat to joint communication campaigns and presence at international events like the MEBC, MEGAGÉNIALE, and student-led Tech Talks.
“Vision Marine’s support allows us to focus on what matters most: designing the next generation of marine propulsion,” said Alexis Bellefeuille, spokesperson for Memphré Boat Racing. “This kind of collaboration between industry and academia sets a powerful precedent.”
The partnership extends through August 2027, aligning with multiple innovation cycles and global competitions. It further signals Vision Marine’s broader commitment to performance-driven sustainability, responsible engineering, and sector-wide transformation.
About Université de Sherbrooke – Faculty of Engineering Located in Sherbrooke, Quebec, the Université de Sherbrooke is one of Canada’s leading research institutions and a pioneer in experiential learning. Its Faculty of Engineering is recognized for its innovative programs and strong industry collaborations, preparing students to address real-world technological and environmental challenges.
About Vision Marine Technologies Inc. Vision Marine Technologies Inc. (NASDAQ:VMAR) is a technology company specializing in high-voltage electric propulsion systems for the marine industry. The Company’s flagship product, the E-Motion™ 180E, is a fully industrialized high-voltage electric outboard system for recreational boating, validated through partnerships with leading industry players. With the recent acquisition of Nautical Ventures Group, Vision Marine has expanded its sales and service network on the East Coast of the United States. Through Nautical Ventures’ multi-brand retail operations, Vision Marine now offers both traditional internal combustion engine (ICE) boats and next-generation electric propulsion solutions, providing a full range of products to meet the current and evolving needs of recreational boaters.
Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable securities laws. These statements reflect current expectations regarding market trends, sales potential, and brand positioning. Actual results may differ materially due to risks and uncertainties related to consumer behavior, supply chains, competitive dynamics, and economic conditions. Vision Marine undertakes no obligation to update forward-looking statements unless required by law.
Investor and Company Contact:
Bruce Nurse Investor Relations (303) 919‑2913 bn@v‑mti.com
After just seven months in stealth mode, 31 Concept’s research division delivers a breakthrough in network intelligence – now patent-pending and set to debut at one of the world’s top security conferences.
DUBAI, AE / ACCESS Newswire / August 11, 2025 / 31 Concept (31C), an emerging leader in network intelligence and cybersecurity innovation, today announced it will unveil its first patent-pending technology at ISS Asia 2025 in Singapore. The breakthrough, developed entirely within the company’s 31 Concept Research Lab, marks a major milestone for the startup, which is stepping out of stealth mode after just seven months of intense development.
The 31 Concept Research Lab serves as the company’s innovation engine, uniting world-class experts in deep packet inspection, AI-driven analytics, cybersecurity, and advanced networking. With decades of combined experience from projects spanning telecom, military, and national infrastructure, the lab’s team operates at the intersection of applied research and practical deployment, delivering solutions designed to solve real-world challenges at scale.
“Our patent-pending technology is the direct result of the unique expertise and relentless drive inside our Research Lab,” said Misha Hanin, CEO and Co-Founder of 31C. “We built this in record time without compromising on quality or innovation. This is just the first step in a series of breakthroughs we intend to bring to the market.“
ISS Asia, recognized as one of the most important professional conferences in the world for intelligence, security, and law enforcement technologies, will provide the global stage for the debut. The event draws leaders from government, telecom, and private industry, making it the perfect venue for 31C’s first public presentation.
“The speed at which the 31 Concept Research Lab turned a concept into a patent-pending reality shows the strength of our people and our process,” added Boriss Heismann, CTO of 31C. “This is technology designed to address the most pressing needs in network visibility, security, and performance – and to do it in ways the industry has not seen before.“
The company’s presentation at ISS Asia 2025 will highlight the capabilities of the new platform, detail the patent-pending elements, and outline the roadmap for further innovations currently in development.
About 31C 31 Concept is a technology company focused on next-generation data intelligence platforms for telecom providers, governments, and regulated industries. Its flagship R&D division, the 31 Concept Research Lab, develops breakthrough technologies in network intelligence, cybersecurity, and AI-driven analytics.
March 2025 Tolmer discovery hole ranked 5th highest-grade silver intersection reported globally during H1 2025, with an interval of 6m @ 4,747 g/t Ag from only 46m depth1
New assays have extended high grade silver horizons, and added coincident high-grade gold up to ~13g/t Au, within a highly mineralised footprint now ~1.5km wide2
ADELAIDE, AUSTRALIA / ACCESS Newswire / August 10, 2025 / Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to confirm diamond drilling (DD) has commenced at the Tolmer prospect, located at the Company’s South Australian Tarcoola Gold Project (Tarcoola). An initial program of 3 holes totalling ~550 metres drilling is planned in the ‘eastern gold zone’ to investigate local structural controls and guide future targeting.
Full details are contained in the complete announcement, which can be accessed on the ASX website, the investor section of Barton’s website, or directly by clicking here.
Commenting on the Tolmer diamond drilling, Barton Managing Director Alexander Scanlon said:
“Tolmer is an exciting new discovery located between our existing Central Gawler Mill and planned Tunkillia mill. With gold and silver grades up to 83.6g/t Au and 17,600g/t Ag, Tolmer has clear potential to add significant value to our regional development strategy. This diamond drilling will help improve our local structural knowledge as we work to identify the origins of such high-grade mineralisation.”
1 According to Rock Report analysis available here and at https://rockreportnews.com/graphics/; refer to ASX announcement dated 27 March 2025 2 Refer to ASX announcement dated 5 August 2025
Authorised by the Managing Director of Barton Gold Holdings Limited.
About Barton Gold Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.1Moz Au & 3.1Moz Ag JORC Mineral Resources (78.9Mt @ 0.85 g/t Au), brownfield mines, and 100% ownership of the region’s only gold mill in the renowned Gawler Craton of South Australia. *
Challenger Gold Project
223koz Au + fully permitted Central Gawler Mill ( CGM )
Tarcoola Gold Project
20koz Au in fully permitted open pit mine near CGM
Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag
Competent Persons Statement & Previously Reported Information The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC).
Activity
Competent Person
Membership
Status
Tarcoola Mineral Resource (Stockpiles)
Dr Andrew Fowler (Consultant)
AusIMM
Member
Tarcoola Mineral Resource (Perseverance Mine)
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Tarcoola Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tarcoola Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Exploration Results (until 15 Nov 2021)
Mr Colin Skidmore (Consultant)
AIG
Member
Tunkillia Exploration Results (after 15 Nov 2021)
Mr Marc Twining (Employee)
AusIMM
Member
Tunkillia Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Challenger Mineral Resource
Mr Ian Taylor (Consultant)
AusIMM
Fellow
Wudinna Mineral Resource (Clarke Deposit)
Ms Justine Tracey
AusIMM
Member
Wudinna Mineral Resource (all other Deposits)
Mrs Christine Standing
AusIMM / AIG
Member / Member
The information relating to historic Exploration Results and Mineral Resources in this announcement is extracted from the Company’s Prospectus dated 14 May 2021 or as otherwise noted in this announcement, available from the Company’s website at www.bartongold.com.au or on the ASX website www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results and Mineral Resource information included in previous announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates, and any production targets and forecast financial information derived from the production targets, continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the previous announcements.
Cautionary Statement Regarding Forward-Looking Information
This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “expect”, “target” and “intend” and statements than an event or result “may”, “will”, “should”, “would”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Barton undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Barton from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Any reliance placed by the reader on this document, or on any forward-looking statement contained in or referred to in this document will be solely at the readers own risk, and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof.
* Refer to Barton Prospectus dated 14 May 2021 and ASX announcement dated 25 July 2025. Total Barton JORC (2012) Mineral Resources include 1,049koz Au (39.7Mt @ 0.82 g/t Au) in Indicated category and 1,095koz Au (39.2Mt @ 0.87 g/t Au) in Inferred category, and 3,070koz Ag (34.5Mt @ 2.80 g/t Ag) in Inferred category as a subset of Tunkillia gold JORC (2012) Mineral Resources.
Strong Results Reflect Rising Demand, Business Growth, and Strategic Investments Amid Saudi Arabia’s Accelerating Energy Transition
RIYADH, SA / ACCESS Newswire / August 10, 2025 / Saudi Electricity Company (SEC) continued to deliver robust financial and operational performance in the second quarter and first half of 2025. Revenue for Q2 grew by 24% to reach SAR 27.7 billion, while gross profit rose by 42% to SAR 7.4 billion. Operating profit increased by 21% to SAR 6.8 billion, and net profit reached SAR 5.3 billion-marking a 22% year-on-year increase.
For the first half of 2025, SEC reported a revenue growth of 23%, totalling SAR 47.2 billion. Gross profit rose by 40% to SAR 10.2 billion, operating profit increased by 20% to SAR 9.1 billion, and net profit grew by 19% to SAR 6.3 billion compared to the same period in 2024.
This strong financial performance was primarily driven by higher allowed revenue due to the growth of the regulated asset base of the electricity network and increased electricity production revenues in response to rising energy demand. These gains were partially offset by higher operating and maintenance expenses due to network expansion, asset growth, and increased loads, as well as a rise in provisions for accounts receivable and a decrease in other income.
SEC noted that the expansion of its regulated asset base reflects the continued growth in its transmission and distribution networks to meet increasing electricity demand, support renewable energy integration, and advance energy storage projects. The company is also maintaining strategic investments in digital transformation and operational excellence initiatives.
Commenting on the results, Engineer Khalid bin Salim Al-Ghamdi, Acting CEO of SEC, stated:
“Our positive performance in the first half of 2025 reflects the company’s continued growth across its business portfolio and asset base. It aligns with our strategy to provide reliable and secure electricity across the Kingdom, improve service quality for our customers, and advance sustainability and operational excellence.
We are committed to further strengthening our position and leveraging the significant opportunities emerging from the energy transition in Saudi Arabia, in line with the ambitions of Vision 2030-enabled by the dedication of our talented national workforce and our unwavering commitment to serving the nation.”
As of the end of H1 2025, the renewable energy capacity connected to the grid exceeded 9.2 GW, and the company successfully commissioned 8.0 GWh of battery energy storage systems across four sites: Bisha, Jazan, Khamis Mushait, and Najran.
SEC is currently developing an additional 14 GWh of storage capacity, expected to be operational and grid-connected next year, further strengthening grid reliability and renewable energy integration.
Reaffirming its commitment to embedding sustainability throughout its operations and enhancing its ESG practices, SEC achieved a significant leap in its Environmental, Social, and Governance (ESG) rating from S&P Global, earning 65 out of 100 in 2025. This marks a 30% increase over2024 and an 85% improvement over 2023.
This accomplishment places SEC at the top of all companies in Saudi Arabia and as the regional leader in the energy sector across the Middle East and North Africa, surpassing the global utilities sector average by 66%, reinforcing its global leadership in sustainability performance.
Electricity demand continued to rise in H1 2025, with peak load growing by 3% to 75.1 GW, and total electricity consumption increasing by 10% to reach 160.5 terawatt-hours. SEC successfully met record-breaking peak loads in Makkah, Madinah, and the Holy Sites during the 1446H Hajj season without a single service interruption-thanks to the company’s full mobilization of resources to serve pilgrims and ensure their comfort.
The company also made strong progress in service expansion and infrastructure development. SEC connected around 110,000 new customers, bringing the total customer base to 11.4 million. The length of the distribution network grew by 6% to exceed 827,000 circuit kilometers, while transmission and fiber optic networks grew by 6% and 9%, respectively, reaching 103.8 thousand and 101 thousand circuit kilometers.
As part of its efforts to enhance service reliability and customer experience, SEC continued digital infrastructure upgrades and automated distribution substations, connecting them to control centers via fiber optic networks.
The automation rate of distribution substations reached 38.4%, and customer satisfaction rose to 85.8%, underscoring improvements in service quality and communication effectiveness.
Contact Information
Saudi Electricity Company (SEC) Saudi Electricity Company (SEC) Media Relations Department alkahrabacare@se.com.sa Unified Call Center: 920000222
NEW YORK CITY, NY / ACCESS Newswire / August 9, 2025 / New to The Street, one of the nation’s longest-running business television brands, will broadcast Show #683 on Bloomberg today at 6:30 PM EST. This week’s episode features four dynamic companies making waves in healthcare, biotech, blockchain gaming, and sports partnerships: BioVie Inc., FLOKI, PetVivo Holdings, Inc., and NRx Pharmaceuticals, Inc.
The program, airing as sponsored programming, will also mark the television commercial debut of FLOKI, introducing the fastest-growing Valhalla Game to Bloomberg’s national audience.
Pedro Vidal, Chief Relationship Officer of FLOKI, discusses how the FLOKI Trading Bot has become the leader on the BNB Chain, giving traders advanced, user-friendly tools to maximize opportunities in the crypto market. Vidal also highlights the Valhalla Game’s explosive success, where assets acquired in-game can be used in the real world – a groundbreaking integration of gaming and blockchain utility. Gamers are already winning Vera tokens, with over 100,000 Veras minted to date. For more information, visit FLOKI.com and Valhalla.Game.
Jonathan Javitt, Founder, Chairman, and CEO of NRx Pharmaceuticals (NASDAQ:NRXP), discusses the Company’s recent Citizen Petition to the U.S. Food and Drug Administration (FDA) seeking the removal of benzethonium chloride from all forms of ketamine sold in the United States. Benzethonium chloride, a preservative with known toxicity, is no longer allowed in hand cleansers, topical antiseptics, and many ophthalmic products. NRx has developed a preservative-free ketamine formulation with three-year stability, filed a supporting patent, and is pursuing FDA approval, including a potential labeled indication for treating suicidal depression under the FDA Commissioner’s National Priority Voucher Program.
Cuong Do, President and CEO of BioVie Inc. (NASDAQ:BIVI), provides an update on two ongoing Phase 3 clinical trials for Bezisterim. The first trial targets newly diagnosed Parkinson’s patients entering therapy for the first time – potentially making Bezisterim the first new therapy for Parkinson’s disease in more than 50 years. The second trial focuses on long COVID, specifically how Bezisterim may alleviate brain fog and fatigue, conditions affecting an estimated 17 million Americans. Both trials are expected to deliver top-line data in the first half of 2026.
John Lai, CEO of PetVivo Holdings, Inc. (NASDAQ:PETV), joins Chase Chamberlin, Managing Partner at Commonwealth, to discuss their strategic partnership in the thoroughbred horse racing industry. Together, they aim to advance equine wellness by introducing PetVivo’s innovative SPRYNG™ with OsteoCushion™ Technology into elite racing circles, offering a natural solution to maintain joint health in performance horses.
About New to The Street For over 16 years, New to The Street has broadcast weekly as sponsored programming on Bloomberg Television and Fox Business, conducting more than 2,000 interviews with leaders from public and private companies. The brand operates the largest and fastest-growing digital business channel, New to The Street TV on YouTube, with over 3.16 million subscribers, delivering all-business, no-ads content.
As a complete media ecosystem, New to The Street combines long-form television interviews, short-form TV commercials, iconic outdoor billboards, and the largest digital business platform to deliver predictable media for companies seeking to share their stories with investors, customers, and global audiences.
For more information about upcoming episodes and featured companies, visit: www.NewToTheStreet.com
Chupps Interior Construction recently made a major announcement that they are broadening their range of services to incorporate sustainable and eco-friendly building solutions. Known as a key player in the interior construction field for many years, the company is responding to increasing demands for environmentally-conscious building practices. This move offers their clients a chance to engage in projects that prioritize sustainability.
Chupps Interior Construction, known for their range of renovation services such as bathroom and kitchen remodeling, flooring options like hardwood and vinyl, and comprehensive interior painting, is now placing a strong emphasis on integrating sustainable materials and energy-efficient systems into both residential and commercial projects. Their aim is to minimize waste and make optimal use of available resources, thereby creating spaces that are not only functional but also eco-friendly. This shift aligns with global trends pushing for greener construction methods. Their new offerings introduce a variety of sustainable building materials and techniques designed to offer long-term environmental benefits. These include the use of recycled materials, energy-efficient lighting, and water-saving fixtures.
A representative articulated the company’s direction by stating, “Introducing sustainable solutions to our service offerings is a response to our clients’ increasing interest in eco-friendly construction. We believe the construction industry must adopt practices that have a positive impact on our planet. So far, feedback has been encouraging, and we are excited to observe how these initiatives will influence our upcoming projects.”
Besides diversifying their services, Chupps Interior Construction is also deeply invested in community engagement. They are supporting local environmental initiatives and aim to educate stakeholders about sustainable building practices. By creating partnerships with suppliers who share their dedication to eco-friendly materials, the company ensures sustainability is integral to each project phase from the initial planning to final completion. This collaboration fosters a culture of environmental consciousness both within their organization and in the broader community.
Moreover, the company actively seeks feedback through various channels such as Chupps Interior Construction Facebook and their official website. This dialogue not only strengthens their community connections but also allows the company to make continuous improvements to their services. Engaging with clients and the local community helps them gain insights that drive the evolution of their offerings.
The representative highlighted, “Our expansion into sustainable construction is a pivotal step for our company. It’s about more than business decisions; it’s about committing to what’s right for the environment. We’re dedicated to making sure our services not only meet but exceed the expectations of our environmentally conscious clients.”
Feedback has been overwhelmingly positive, as demonstrated by Chupps Interior Construction Sullivan reviews. Many clients have expressed their appreciation for the company’s commitment to sustainability, confirming their belief in the importance of embracing green construction methods. These endorsements energize Chupps Interior Construction to continue refining their sustainable practices.
Maintaining high standards is a priority for the company, with sustainability now part of their core operations. Every project presents an opportunity to apply and improve these new approaches, ensuring the environments they design are not only visually appealing but also responsible and environmentally sound.
This initiative by Chupps Interior Construction marks a noteworthy shift towards responsible building practices. By combining traditional craftsmanship with modern sustainability techniques, the company continues to make its mark in the industry as a leader in eco-friendly construction. They are optimistic that these efforts will benefit clients while also contributing positively to the environment.
For those who want to learn more about these innovative services, Chupps Interior Construction invites clients and interested parties to explore their official platforms. The company is open to innovation and looks forward to driving further changes in the construction industry. This ongoing evolution allows them to meet the needs of today’s market while remaining poised for future improvement and growth. They remain committed to being at the forefront of sustainable construction, ensuring their projects not only serve current demands but also preserve resources for future generations.
Split Simple is now accepting applications for its annual social work scholarship. This scholarship is designed to help students who are pursuing careers in social work. It aims to provide financial support to those who are committed to making a difference in social services. Each year, the scholarship from Split Simple offers financial aid to students who show a strong desire to help others and a dedication to social justice.
The scholarship is open to students enrolled in accredited social work programs. It awards $500 to assist with tuition, books, and other educational costs. Applicants need to submit a personal statement detailing why they are motivated to enter the field of social work and what they hope to achieve in their careers. Other important factors considered are academic performance, community involvement, and financial need.
Chris Griffith of Split Simple highlights the company’s dedication to supporting future leaders in social work. “Our scholarship is one of the ways we contribute to the community. By supporting passionate students, we want them to continue their education and make a positive impact in social work,” Griffith said. This scholarship is part of Split Simple’s ongoing community contributions, which align with its core values. As a provider of divorce mediation services in Denver, Aurora, Boulder and throughout Colorado, Split Simple acknowledges the crucial role social workers have in offering support to those experiencing life changes. Social workers provide necessary guidance and resources to individuals and families.
The scholarship recognizes the importance of the changes social workers make in the lives of others. They help people, families, and communities overcome challenges, from managing trauma to advocating for social change.
Beyond the scholarship, Split Simple offers a comprehensive range of services, including divorce mediation, uncontested divorce facilitation, and guidance on alimony, child care issues, and fair division of assets. Their approach to mediation focuses on resolving disputes peacefully and efficiently. They also work with no-fault divorce cases and provide up front reasonable pricing. Their mediation services, described on their website, emphasize a structured and thoughtful process designed to meet the needs of all parties involved. The wide array of services they offer highlights the need for professional mediation and guidance to achieve fair outcomes.
Griffith speaks about the company’s commitment to community involvement: “We see the scholarship as an extension of our service ethos. It’s about supporting those who will continue to promote peace and understanding in various capacities.” Candidates are encouraged to apply early to ensure their applications are reviewed. The application period closes September 20, 2025. The chosen recipient will be announced and funds will be provided by October 1, 2025.
As Split Simple continues its work in Colorado, it remains dedicated to having a positive impact through its mediation services and by nurturing the next generation of social workers. The company hopes this scholarship will ease some of the financial challenges faced by students who aim to enter this essential profession. By investing in education, Split Simple strives to build a community of skilled professionals dedicated to helping others.
As individuals and communities face growing challenges, the role of social workers is increasingly vital. By providing financial help to students, Split Simple aims to inspire a new generation of social workers who can significantly contribute to society. The company’s scholarship underlines its commitment to education and professional development in fields that directly affect people’s lives.
For more information on the scholarship or to apply, interested students can visit https://www.splitsimple.com/. This initiative aligns with the company’s longstanding commitment to community service and supporting educational growth among those vested in social improvement.
Storen Gerber AG, located in Affeltrangen, Switzerland, is rolling out an impressive variety of sun and weather protection systems. Their lineup includes top-of-the-line louvered roof pergolas, glass roof systems, and textile awnings. Storen Gerber AG is recognized for their focus on quality and style, providing custom-made outdoor shading solutions that skillfully merge comfort, design, and modern technology, such as LED lighting and sensor automation.
With years of experience and a dedication to using top-tier materials, Storen Gerber AG caters to the unique needs of each customer. Their skilled team assists with planning and ensures thorough installation across Eastern Switzerland. Customers can visit their extensive showroom to get a feel for the different options and see how they can enhance their outdoor spaces.
In recent years, there has been a surge in demand in Switzerland for stylish outdoor living spaces. Homeowners are looking for solutions that not only protect them from the elements but also elevate the look of their gardens and terraces into practical extensions of their homes. Storen Gerber AG meets this trend with innovative designs aimed at providing durability and year-round comfort. Additional details and resources are available on their platform at https://storen-gerber-ag.localo.site.
Among their standout products are the louvered roof pergolas, a perfect blend of style and functionality. These pergolas have adjustable slats, allowing users to control sunlight and airflow, tailoring their outdoor environment no matter the season. With optional LED lighting and automated sensors, these pergolas give users a personalized outdoor experience suited to various living preferences.
The company also offers glass roof systems that shield against the weather while letting in plenty of natural light. These are ideal for those who want to enjoy garden views throughout the year, no matter what the weather is like, adding a touch of elegance and practicality to any outdoor setting. Textile awnings are another flexible choice, perfect for adding color or complementing current garden designs.
By integrating smart technology into their products, Storen Gerber AG highlights their commitment to convenience and innovation. Their smart control systems make it easy for homeowners to manage their shading solutions with little fuss. Stay up-to-date with the latest news in collaboration with their press partner at https://pressadvantage.com/organization/storen-gerber-ag-sonnen-wetterschutz.
As the desire for personalized outdoor spaces grows, more people want to enjoy their gardens all year long. With design playing a central role in its offerings, Storen Gerber AG shows a keen understanding of evolving customer needs and maintains a leading position in the market for advanced outdoor comfort solutions.
Prospective clients are welcome to visit the expansive Storen Gerber AG showroom, where they can meet with specialists and check out the wide array of products and services on offer. To make the process smooth, the company also provides a planning service that helps customers bring their ideal outdoor spaces to life, ensuring their visions come true.
For more information about Storen Gerber AG and what they offer, visit their website at https://maps.app.goo.gl/f15pfrAPtKuuN7Nq8. Storen Gerber AG continues to enhance the outdoor experience for homeowners throughout Switzerland with its consistent dedication to quality and service.
NEW CANAAN, CT / ACCESS Newswire / August 8, 2025 / Network-1 Technologies, Inc. (NYSE AMERICAN:NTIP) (“Network-1”), a company specializing in the acquisition, development, licensing, and monetization of its intellectual property assets, today announced financial results for the second quarter ended June 30, 2025.
Network-1 reported no revenue for the three months ended June 30, 2025, and revenue of $150,000 for the six months ended June 30, 2025, compared to revenue of $100,000 for the three and six months ended June 30, 2024. Revenue in 2025 and 2024 was from litigation settlements involving Network-1’s Remote Power Patent.
Network-1 reported a net loss of $463,000, or $0.02 per share basic and diluted, for the three months ended June 30, 2025, compared to a net loss of $658,000, or $0.03 per share basic and diluted, for the same period in 2024. Included in the net loss is Network-1’s share of the net loss of its equity investee (ILiAD Biotechnologies, LLC) of $279,000 and $677,000 for the three months ended June 30, 2025, and 2024, respectively.
For the six months ended June 30, 2025, Network-1 reported a net loss of $826,000, or $0.04 per share basic and diluted, compared to a net loss of $1,578,000, or $0.07 per share basic and diluted, for the same period in 2024. Included in the net loss is Network-1’s share of the net loss of its equity investee (ILiAD Biotechnologies, LLC) of $741,000 and $1,305,000 for the six months ended June 30, 2025, and 2024, respectively.
On June 27, 2025, Network-1 commenced patent litigation against Samsung Electronics Co., LTD and Samsung Electronics America, Inc. (collectively, “Samsung”) in the United States District Court for the Eastern District of Texas, Marshall Division, for infringement of certain patents within Network-1’s M2M/IoT Patent Portfolio. The lawsuit alleges that Samsung infringes Network-1’s patents by supporting certain eSIM (embedded Subscriber Identification Module) and 5G technologies in its mobile devices, including its Galaxy smartphones, watches and tablets.
On March 31, 2025, Network-1 acquired a patent portfolio from IoT and M2M Technologies, LLC, relating to, among other things, enabling technology to support the interoperability of smart home IoT devices (the “Smart Home Patent Portfolio”). The Smart Home Patent Portfolio currently consists of eight (8) U.S. patents and one (1) international patent as well as eleven (11) U.S. pending patent applications and five (5) pending international patents.
On June 17, 2025, the Board of Directors authorized an extension and increase of Network-1’s share repurchase program (the “Share Repurchase Program”) to repurchase up to $5,000,000 of common stock over the subsequent 24-month period. The common stock may be repurchased from time to time in open market transactions or privately negotiated transactions at Network-1’s discretion except for repurchases under its 10b5-1 plans. The timing and amount of the shares repurchased is determined by management, except for repurchases under its 10b5-1 plans, based on its evaluation of market conditions and other factors. The Share Repurchase Program may be increased, suspended or discontinued at any time. Since the inception of the Share Repurchase Program through June 30, 2025, Network-1 has repurchased an aggregate of 10,525,705 shares of its common stock at an aggregate cost of $20,185,549 (exclusive of commissions) or an average per share price of $1.92. During the three months ended June 30, 2025, Network-1 repurchased 44,811 shares at a cost of $55,337 (exclusive of commissions), or an average price of $1.23 per share. During the six months ended June 30, 2025, the company repurchased 151,473 shares at a cost of $202,194 (exclusive of commissions), or an average price of $1.33 per share. As of June 30, 2025, the remaining dollar value of shares that may be repurchased under the Share Repurchase Program was $4,994,853.
As of June 30, 2025, Network-1 had cash and cash equivalents and marketable securities of $38,485,000 and working capital of $38,288,000. Based on its current cash position, Network-1 believes it has sufficient resources to fund operations for the next twelve months and the foreseeable future.
Network-1 continues to pay dividends consistent with its dividend policy, which consists of semi-annual cash dividends of $0.05 per share ($0.10 per share annually), typically paid in March and September. On February 19, 2025, Network-1’s Board of Directors declared a semi-annual cash dividend of $0.05 per share, paid on March 28, 2025 to shareholders of record as of March 14, 2025. The dividend policy is reviewed periodically and may be adjusted based on earnings, financial requirements, and other relevant factors.
ABOUT NETWORK-1 TECHNOLOGIES, INC.
Network-1 Technologies, Inc. is engaged in the acquisition, development, licensing and protection of its intellectual property and proprietary technologies. Network-1 works with inventors and patent owners to assist in the development and monetization of their patented technologies. Network-1 currently owns one hundred fifteen (115) U.S. patents and seventeen (17) international patents covering various technologies, including enabling technology for authenticating and using eSIM technology in Internet of Things (“IoT”), certain advanced technologies related to high frequency trading, technologies relating to document stream operating systems and the identification of media content and enabling technology to support, among other things, the interoperability of smart home IT devices. Network-1’s current strategy includes efforts to monetize four patent portfolios (the M2M/IoT, HFT, Cox and Smart Home portfolios). Network-1’s strategy is to focus on acquiring and investing in high quality patents which management believes have the potential to generate significant licensing opportunities as Network-1 has achieved with respect to its Remote Power Patent and Mirror Worlds Patent Portfolio. Network-1’s Remote Power Patent has generated licensing revenue in excess of $188,000,000 from May 2007 through June 30, 2025. Network-1 has achieved licensing and other revenue of $47,150,000 through June 30, 2025 with respect to its Mirror Worlds Patent Portfolio.
This release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning Network-1’s business plans. Such statements are subject to a number of risk factors and uncertainties as disclosed in the Network-1’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission on February 28, 2025and its Quarterly Report on Form 10-Q for the three months ended June 30, 2025 filed with the SEC on August 8, 2025 including, among others, Network-1’s uncertain revenue from licensing its intellectual property, uncertainty as to the outcome of pending litigation involving Network-1’s HFT Patent Portfolio and its M2m/IoT Patent Portfolio, whether Network-1 will be successful in its appeal to the Federal Circuit of the District Court judgment of non-infringement dismissing Network-1’s litigation against Google and YouTube involving certain patents within its Cox Patent Portfolio, the ability of Network-1 to successfully execute its strategy to acquire or make investments in high quality patents with significant licensing opportunities, Network-1’s ability to achieve revenue and profits from its Cox Patent Portfolio, M2M/IoT Patent Portfolio, HFT Patent Portfolio and Smart Home Portfolio, as well as a successful outcome on its investment in ILiAD Biotechnologies, LLC or other intellectual property it may acquire or finance in the future, the ability of Network-1 to enter into additional license agreements, uncertainty as to whether cash dividends will continue be paid, Network-1’s ability to enter into strategic relationships with third parties to license or otherwise monetize their intellectual property, the risk in the future of Network-1 being classified as a Personal Holding Company which may result in Network-1 issuing a special cash dividend to its stockholders, future economic conditions and technology changes and legislative, regulatory and competitive developments. Except as otherwise required to be disclosed in periodic reports, Network-1 expressly disclaims any future obligation or undertaking to update or revise any forward-looking statement contained herein.
Network-1’s unaudited condensed consolidated statements of operations and condensed consolidated balance sheet are attached.
For additional details regarding the above referenced highlights, please see Network-1’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 filed with the SEC on August 8, 2025.
Contacts:
Corey M. Horowitz, Chairman and CEO Network-1 Technologies, Inc. (917) 692-0000
NETWORK-1 TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Three Months Ended June 30,
Six Months Ended June 30,
2025
2024
2025
2024
REVENUE
$
–
$
100,000
$
150,000
$
100,000
OPERATING EXPENSES:
Costs of revenue
–
28,000
42,000
28,000
Professional fees and related costs
164,000
147,000
285,000
366,000
General and administrative
519,000
519,000
1,121,000
1,188,000
Amortization of patents
37,000
30,000
67,000
60,000
TOTAL OPERATING EXPENSES
720,000
724,000
1,515,000
1,642,000
OPERATING LOSS
(720,000
)
(624,000
)
(1,365,000
)
(1,542,000
)
OTHER INCOME :
Interest and dividend income, net
445,000
452,000
929,000
883,000
Net realized and unrealized gain on marketable securities
22,000
54,000
171,000
102,000
Total other income, net
467,000
506,000
1,100,000
985,000
LOSS BEFORE INCOME TAXES AND SHARE OF NET LOSSES OF EQUITY METHOD INVESTEE
(253,000
)
(118,000
)
(265,000
)
(557,000
)
INCOME TAXES PROVISION:
Current
(31,000
)
–
(31,000
)
–
Deferred taxes, net
(38,000
)
(137,000
)
(149,000
)
(284,000
)
Total income tax benefit
(69,000
)
(137,000
)
(180,000
)
(284,000
)
INCOME (LOSS) BEFORE SHARE OF NET LOSS OF EQUITY METHOD INVESTEE:
(184,000
)
19,000
(85,000
)
(273,000
)
SHARE OF NET LOSS OF EQUITY METHOD INVESTEE
(279,000
)
(677,000
)
(741,000
)
(1,305,000
)
NET LOSS
$
(463,000
)
$
(658,000
)
$
(826,000
)
$
(1,578,000
)
Net loss per share
Basic
$
(0.02
)
$
(0.03
)
$
(0.04
)
$
(0.07
)
Diluted
$
(0.02
)
$
(0.03
)
$
(0.04
)
$
(0.07
)
Weighted average common shares outstanding:
Basic
22,873,907
23,296,555
22,883,729
23,444,145
Diluted
22,873,907
23,296,555
22,883,729
23,444,145
Cash dividends declared per share
–
–
$
0.05
$
0.05
NETWORK-1 TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
June 30, 2025
December 31, 2024
ASSETS
(Unaudited)
CURRENT ASSETS:
Cash and cash equivalents
$
13,424,000
$
13,145,000
Marketable securities, at fair value
25,061,000
27,455,000
Other current assets
180,000
232,000
TOTAL CURRENT ASSETS
38,665,000
40,832,000
OTHER ASSETS:
Patents, net of accumulated amortization
1,552,000
1,205,000
Equity investment
2,596,000
3,337,000
Operating leases right-of-use asset
–
27,000
Security deposit
13,000
13,000
Total Other Assets
4,161,000
4,582,000
TOTAL ASSETS
$
42,826,000
$
45,414,000
LIABILITIES AND STOCKHOLDERS’ EQUITY:
CURRENT LIABILITIES:
Accounts payable
204,000
$
203,000
Accrued payroll
–
292,000
Other accrued expenses
173,000
247,000
Operating lease obligations
–
24,000
Total Current Liabilities
377,000
766,000
LONG TERM LIABILITIES:
Deferred tax liability
188,000
337,000
TOTAL LIABILITIES
565,000
1,103,000
COMMITMENTS AND CONTINGENCIES (Note G)
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value, authorized 10,000,000 shares; none issued and outstanding at June 30, 2025 and December 31, 2024
–
–
Common stock, $0.01 par value; authorized 50,000,000 shares; 22,844,798 and 22,961,619 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively
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