Complete cloud-based ecosystem removes development obstacles for IoT device OEMs through trusted partners and state-of-the-art building blocks
PHOENIX, US – Media
OutReach – 8 February 2020 – Leading
global technology solutions provider Avnet (Nasdaq: AVT) and ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, have
joined forces to create a framework that helps OEMs more rapidly
develop end-to-end Internet of Things (IoT) devices. The collaboration simplifies
the process of building IoT-enabled devices through rapid prototyping system solutions
from ON Semiconductor that are preconfigured to connect to IoT application
developers and service providers through the cloud. Avnet’s IoTConnect® Platform,
powered by Microsoft® Azure and the associated Avnet IoT Partner Program
facilitate this connection. The first supported solution from ON Semiconductor
is the RSL10 Sensor Development Kit, which features the industry’s lowest power
Flash-based Bluetooth® Low Energy radio and an array of advanced environmental
Through this collaboration, Avnet and
ON Semiconductor remove as much complexity from the IoT development process as
possible. This allows OEMs to easily build products and experiences around
those products and bring them to market faster, while at the same time lowering
risk. Avnet and ON Semiconductor offer a selection of pre-integrated hardware
and software solutions with a range of connectivity options. Guidance on
building the solution is also provided for the purposes of simplifying and
speeding development and allowing the OEM to focus on building
“With innovative, low-power system solutions
from ON Semiconductor alongside the robust IoTConnect platform, Avnet and ON
Semiconductor provide a secure development environment for jumpstarting any IoT
initiative,” said Wiren Perera, who heads IoT at ON Semiconductor. “IoT
presents a huge opportunity for OEMs to add autonomy to their products via
sensing, connectivity and actuation, which can create new revenue streams and
improve efficiencies. ON Semiconductor and Avnet can help OEMs drive innovation
forward by building smarter devices that address their customers’ needs.”
In addition, an OEM may need many new
skillsets just to get an IoT project started, making it challenging for one
company to get all the pieces to work together seamlessly. This includes
dealing with the complexity of a diverse and global supply chain required to
build then deliver IoT solutions.
“Avnet and ON Semiconductor are offering
solutions to meet the changing needs of OEMs and their customers,” said Lou
Lutostanski, vice president of IoT, Avnet. “We’re providing ways to help OEMs
stay competitive, maximize revenue potential, and design with the right
technologies to create secure IoT solutions.”
About ON Semiconductor
ON Semiconductor (Nasdaq: ON) is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient, power management, analog, sensors, logic, timing, connectivity, discrete, SoC and custom devices. The company’s products help engineers solve their unique design challenges in automotive, communications, computing, consumer, industrial, medical, aerospace and defense applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, a robust compliance and ethics program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe and the Asia Pacific regions. For more information, visit http://www.onsemi.com. Follow @onsemi on Twitter.
Avnet is a global technology solutions provider with an extensive ecosystem delivering design, product, marketing and supply chain expertise for customers at every stage of the product lifecycle. We transform ideas into intelligent solutions, reducing the time, cost and complexities of bringing products to market. For nearly a century, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com.
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All brands and trade names are trademarks or registered trademarks, and are the properties of their respective owners. Avnet disclaims any proprietary interest in marks other than its own.
Skyllful Now Part of Honeywell's Independent Software Vendor Partner Program
PLANO, Texas, Feb. 19, 2021 /PRNewswire-PRWeb/ — Skyllful, a leading provider of a mobile digital adoption platform that helps workers on the front lines use mobile apps and devices more efficiently and effectively, today announced it has been certified to Honeywell's Independent Software Vendor (ISV) Partner Program. The program gives software vendors a platform to serve Honeywell customers with solutions for distribution centers and the healthcare, manufacturing, retail and transportation and logistics industries.
“Having the opportunity to collaborate with a Fortune 100 company like Honeywell and join their broad ecosystem is a big boost to our market momentum,” said Justin Lake, CEO of Skyllful. “We're ready to help Honeywell's customers solve a very real business problem – the need for better hands-on training for hands-on workers to both increase productivity and maximize investments in mobile technology.”
Skyllful's SaaS-based mobile digital adoption platform provides on-device, on-demand training to mobile field workers through scenario-based simulations, helping them adopt new technology quickly and use it efficiently. Designed for helping project managers, change management leaders and IT leaders with both new digital deployments and onboarding of new hires, Skyllful's platform is the only digital adoption platform built expressly for mobile workers.
Launched in 2019, Honeywell's ISV Partner Program is a part of the company's digital transformation, putting significant investment in partnerships with software vendors, universities and incubators to create new solutions for industrial customers with both simple and complex needs. The program aims to facilitate increased sales of ISV's software and Honeywell products to end users and/or channel through focused marketing efforts. Partners have access to place software in the Honeywell Marketplace, an enterprise app store that enables enterprises to find and purchase innovative software solutions, technologies and services to help improve their productivity and increase efficiency.
Skyllful is a leading provider of a mobile digital adoption platform that helps workers on the front lines use enterprise mobile apps more efficiently and effectively in their delivery of essential products and services. With deep expertise in leading mobile technology and best practice field deployments as well as a leadership team with decades of experience working with large mobile workforces and applications, Skyllful provides on-device, on-demand training through scenario-based simulations. Whether a company is deploying a new mission-critical workforce app or seeking to improve its workforce engagement with existing apps, the Skyllful platform is easy to use, intuitively designed and proven to increase productivity and deliver greater returns on investment in technology. Skyllful is based in the greater Dallas/Ft. Worth area of Texas. For more information, visit https://www.skyllful.com and follow on Twitter @Skyllfulco.
Michael Tebo, Gabriel Marketing Group (for Skyllful), 571-835-8775, [email protected]
OTC Markets Group Welcomes Commerce Resources Corp. to OTCQX
NEW YORK, Feb. 19, 2021 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Commerce Resources Corp. (TSXV: CCE) (FSE: D7H0) (OTCQX: CMRZF), an exploration and development company with a focus on deposits of rare metals, has qualified to trade on the OTCQX® Best Market. Commerce Resources Corp. upgraded to OTCQX from the Pink® market.
Commerce Resources Corp. begins trading today on OTCQX under the symbol “CMRZF”. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
Commerce Resources Corp. President Chris Grove states, “It is our pleasure to trade on the OTCQX Best Market once again. We have many shareholders in the United States, and we look forward to better serving them and to be more visible to new American investors who are interested in the rare earth elements and the rare metals we have been working on for years now. We are at an extremely exciting time with more positive global market fundamentals than we have ever seen before, and with the ability to deliver on our current development programs.”
Burns Figa & Will PC acted as the company's OTCQX sponsor.
About Commerce Resources Corp.
Commerce Resources Corp. is a junior mineral resource company focused on the development of the Ashram Rare Earth and Fluorspar Deposit located in Quebec, Canada. The Company is positioning to be one of the lowest cost rare earth producers globally, with a specific focus on being a long-term supplier of mixed rare earth carbonate and/or NdPr oxide to the global market. The Ashram Deposit is characterized by simple rare earth (monazite, bastnaesite, xenotime) and gangue (carbonates) mineralogy, a large tonnage resource at favourable grade, and has demonstrated the production of high-grade (>45% REO) mineral concentrates at high recovery (>70%) in line with active global producers. In addition to being one of the largest rare earth deposits globally, Ashram is also one of the largest fluorspar deposits globally and has the potential to be a long-term supplier to the met-spar and acid-spar markets. The company also owns outright the Blue River tantalum & niobium deposit in British Columbia.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.
OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
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SOURCE OTC Markets Group Inc.
AirNet Has Regained Compliance with Nasdaq's Minimum Market Value Requirement
BEIJING, Feb. 19, 2021 /PRNewswire/ — AirNet Technology Inc., formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it received a notification letter (the “Notification Letter on Compliance”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the “Nasdaq”) dated February 18, 2021, indicating that the Company has regained compliance with the minimum market value requirement set forth in Rule 5550(b)(2) of the Nasdaq Listing Rules (the “Minimum Market Value Requirement”).
As previously announced, the Company received a notification letter from Nasdaq (the “Deficiency Letter”) on September 16, 2020, indicating that the Company failed to comply with Rule 5550(b) of the Nasdaq Listing Rules, which requires a minimum US $2.5 million stockholders' equity, or US $35 million market value of listed securities, or US $500,000 of net income from continuing operations. The Deficiency Letter also noted that the Company has 45 calendar days, or until November 2, 2020, to submit a plan to Nasdaq to regain compliance with Rule 5550(b) of the Nasdaq Listing Rules.
The Company submitted a plan (“Compliance Plan”) to Nasdaq in November 2020. After reviewing the Compliance Plan, Nasdaq granted the Company an extension to regain compliance. Under the terms of the extension, the Company must, on or before March 15, 2021, complete the actions undertaken by the Company in the Compliance Plan and evidence compliance with Rule 5550(b) of the Nasdaq Listing Rules.
According to the Notification Letter on Compliance, the staff of Nasdaq has determined that for the last ten consecutive business days, being from February 3 through February 17, 2021, the Company's market value of listed securities has been US$35 million or greater, and the Company has regained compliance with the Minimum Market Value Requirement, and the matter is now closed.
About AirNet Technology Inc.
Incorporated in 2007 and headquartered in Beijing, China, AirNet provides in-flight solutions to connectivity, entertainment and digital multimedia in China. Collaborating with our partners, AirNet empowers Chinese airlines with seamlessly immersive Internet connections through a network of satellites and land-based beacons, provides airline travelers with interactive entertainment and a coverage of breaking news, and furnishes corporate clients with advertisements tailored to the perceptions of the travelers. For more information, please visit us at http://ir.ihangmei.com
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “is expected to,” “anticipates,” “aim,” “future,” “intends,” “plans,” “believes,” “are likely to,” “estimates,” “may,” “should” and similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements are based upon management's current expectations and current market and operating conditions, and involve inherent risks and uncertainties, all of which are difficult to predict and many of which are beyond the Company's control, which may cause its actual results, performance or achievements to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but not limited to the following: its ability to achieve and maintain profitability; its ability to continuously improve its solutions and services enabling inflight connectivity; its ability to compete effectively against its competitors; the expected growth in consumer spending, average income levels and advertising spending levels; the growth of the inflight connectivity industry in China; and government policies affecting the inflight connectivity industry in China. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
SOURCE AirNet Technology Inc.
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