วัน: 17 กุมภาพันธ์ 2025

SINGAPORE, Feb 17, 2025 - (ACN Newswire via SeaPRwire.com) - The Asia Video Industry Association’s Coalition Against Piracy (CAP) welcomes the Singapore High Court’s latest order to block another 22 illegal streaming sites and 70 associated domains responsible for the distribution of illegally streamed content in Singapore.The Court’s order follows on from a similar order obtained in Singapore by the Premier League in November 2024 and continues the push by its applicants BBC Studios, the Premier League, DFL Deutsche Fußball Liga and LALIGA, that in recent years has seen the blocking of hundreds of illegal streaming sites and hundreds more associated domains that were offering access to some of the most sought-after content in Singapore including live sports, drama and entertainment. The order is also part of a wider campaign by CAP and its members against online piracy in the region, including in-depth analysis into piracy trends in the region, and the harms caused to both consumers and the potentially wider impact from piracy services that are essentially illegal operations run by criminals.“There is now extensive evidence of the links between piracy services and consumer harm, including risks of malware infection, identity theft and viruses. A 2024 study undertaken showed that consumers accessing pirate sites in Singapore are nearly four times more likely to be exposed to a cyber threat compared to a mainstream site(1), and blocking access to piracy services is a great step in preventing this type of harm,” said CAP’s General Manager, Matt Cheetham. “Recent research has also shown that piracy services could have wider potential harm, with illegal streaming devices (ISDs) shown to be riddled with compromised apps and pre-installed malware targeting personal data. These devices can be remotely hijacked and potentially used for more widespread attacks on other devices and broader networks(2)”, added Cheetham.(1) https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4709637(2) https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4986107About the Asia Video Industry AssociationThe Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.For media enquiries and additional background please contact:Charmaine Kwan, Head of Marketing and Communications | charmaine@avia.org LinkedIn: www.linkedin.com/company/asiavideoia |X: @AsiaVideoIA Copyright 2025 ACN Newswire via SeaPRwire.com.

SINGAPORE, Feb 17, 2025 - (ACN Newswire via SeaPRwire.com) - SkyLab, a Singapore headquartered and fast-growing innovator in AI and GPU as a Service (GPUaaS) cloud service platforms, has announced the expansion of XR Cloud into Korea through a strategic partnership with Esnet Systems, a leading ICT solutions provider.This move will accelerate AI-driven innovation by providing enterprises, research institutions, and startups instant access to high-performance GPU computing without the traditional barriers of cost and procurement delays.To address this, SkyLab’s XR Cloud—powered by its flagship FusionFlow™ Cloud Service Platform—delivers enterprise-grade AI computing on demand. This GPUaaS model eliminates the need for expensive GPU hardware investments, enabling organizations to scale AI workloads instantly and cost-effectively.Democratising AI’s Infrastructure Bottleneck with XR Cloud GPUaaSThe phenomenal growth of AI machine learning, and generative AI applications worldwide has created a critical challenge and is pushing computing infrastructure to its limits. Many enterprises struggle with:Skyrocketing costs of GPU ownership, limiting AI innovation.Unpredictable access to compute resources, due to supply chain constraints.Complex, fragmented infrastructure, making AI deployments slow and inefficient.SkyLab’s XR Cloud eliminates these barriers by delivering:On-Demand Enterprise GPU Power – Instant access to AI-optimized NVIDIA GPUs, including H100 & H200.Seamless AI Scalability – Grow AI workloads effortlessly with flexible compute allocation.Optimized AI Infrastructure Management – Integrated GPU scheduling & Kubernetes clusters for efficiency.Powering Korea’s AI Boom with Strategic ExpansionWith Korea emerging as a major AI and digital transformation hub, SkyLab’s partnership with Esnet Systems will accelerate access to high-performance AI computing across industries.Yu In-cheol, Head of AI/Cloud Center, Esnet Systems, stated: "AI infrastructure is the foundation of innovation. By integrating XR Cloud into our AI solutions portfolio, we’re providing businesses and research institutions with the GPU compute power they need—scalably and cost-effectively. Our partnership with SkyLab will unlock new AI capabilities across Korea’s technology ecosystem."Stephen Ho, Group CEO, SkyLab, added:"The future of AI requires flexibility, scalability, and seamless access to high-performance computing—yet traditional infrastructure models are held back by limited and expensive GPU resources. SkyLab is changing that with XR Cloud. By leveraging our FusionFlow™ Cloud Service Platform, we are enabling enterprises, startups, and research institutions to innovate and deploy AI applications at scale. Our collaboration with Esnet Systems is a critical step in advancing AI accessibility across Korea."Why XR Cloud GPUaaS is a Game-ChangerSkyLab’s XR Cloud GPUaaS is designed for:Enterprise AI & Cloud Innovation – Corporations can train and deploy AI models without GPU constraints.AI Research & LLM Development – Universities and labs gain on-demand access to high-performance compute.Startup Acceleration – AI-first startups scale without the cost burden of hardware ownership.Unlike traditional cloud providers, XR Cloud delivers:Faster AI Model Deployment – No long GPU queue times, instant provisioning.Cost-Optimized AI Compute – Flexible pricing models to reduce capital expenses.Enterprise-Ready Security & Compliance – Fully integrated sovereign and hybrid cloud AI compute.About SkyLab SkyLab is a Singapore-based deep-tech company specializing in AI infrastructure, GPUaaS, and cloud computing solutions. XR Cloud, SkyLab’s AI and GPU as a Service (GPUaaS) brand, is built on its flagship FusionFlow™ Cloud Service Platform, delivering on-demand enterprise-grade GPU computing for machine learning, deep learning, AI analytics, and edge AI applications.SkyLab’s solutions power AI workloads across 20 countries and 194 data centers, ensuring:Sovereign cloud compliance for regulated industries.Hybrid cloud and edge AI capabilities for seamless, real-time AI deployment.Enterprise-grade security to meet AI-first compliance needs.About Esnet SystemsEsnet Systems is a leading ICT solutions provider specializing in AI, cloud computing, and enterprise digital transformation. A trusted partner of NVIDIA, Dell, and Cisco, Esnet integrates SkyLab’s XR Cloud GPUaaS to provide scalable, high-performance AI computing to enterprises, financial institutions, and research organizations.Media contact:wani@prbespoke.com+65 9832 0643 Copyright 2025 ACN Newswire via SeaPRwire.com.

MUMBAI, INDIA, Feb 13, 2025 - (ACN Newswire via SeaPRwire.com) - What if your offshore investments aren’t delivering the returns you expect. As global enterprises rethink their expansion strategies, SRKay Consulting Group unveils its latest whitepaper, “Offshoring’s ROI Dilemma: Are You Really Gaining from Global Expansion.” This game-changing financial playbook provides organizations with data-driven insights, strategic frameworks, and real-world case studies to maximize profitability, manage risks, and optimize financial planning in offshore markets.Offshore Investment: A Game-Changer for 2025In an era where 40% of global enterprises cite financial stability as the most critical factor in selecting offshore partners, businesses must rethink their expansion strategies. India’s projected 6.6% GDP growth rate and increasing foreign direct investments (FDI) signal new opportunities for cost-efficient, innovation-driven offshore strategies.Key Findings and Insights1. Strategic Financial ExcellenceBreak-even analysis, cash flow optimization, and KPIs have become essential tools for offshore financial success.Hybrid offshoring models (onshore oversight + offshore execution) mitigate compliance risks and improve efficiency.2. Emerging Markets Driving ROIVietnam, Mexico, and India have become key offshore destinations, leveraging digital transformation, alternative investments, and geopolitical shifts.Nearshoring in Mexico offers cost-effective supply chain solutions amid shifting US trade policies.3. Technology-Enabled Offshore SuccessAI and automation reduce operational costs by up to 19%, enhancing supply chain efficiency.Blockchain adoption in offshore banking is streamlining international transactions and improving transparency.4. Mitigating Financial and Regulatory RisksRegulatory compliance (39%) and currency exchange volatility (28%) were identified as major offshore challenges.Hedging strategies and location diversification are key to mitigating financial uncertainties.Expert Insights"Businesses that optimize financial planning, leverage technology, and align with global regulatory shifts will emerge as leaders in offshore expansion. This whitepaper is an essential guide for decision-makers navigating the evolving landscape of global investments."— Karunjit Kumar Dhir, CEO, SRKay Consulting GroupIndustry Case Studies: Lessons from Global LeadersIBM: Achieved $168M+ in savings through a hybrid offshore model, balancing cost-efficiency and regulatory compliance.Lloyd’s of London: Optimized IT operations by outsourcing while maintaining in-house governance.Walmart & Flipkart: Strengthened e-commerce dominance in India via strategic acquisitions and supply chain optimization.Tesla & Vietnam: Implemented supply chain diversification to reduce manufacturing dependencies.Outlook: The Next Wave of Offshore ExpansionExpansion of Tier-II & III Cities – Growing hubs like Nagpur, Coimbatore, and Visakhapatnam offer untapped offshore potential.Fintech & AI-Driven Financial Planning – AI and machine learning will redefine offshore budgeting, hedging, and compliance.Sustainability in Offshore Operations – Businesses are prioritizing green infrastructure, ESG-focused financial models, and circular economies.Download the Whitepaper & Gain a Competitive EdgeDon’t miss out on the insights that will shape the future of offshore financial success! Download the whitepaper todayand position your business for maximum ROI in global markets.Download NowAbout SRKay Consulting GroupOperating across eight countries, SRKay Consulting Group specializes in strategic offshoring, GCC establishment, and financial compliance solutions. Our expertise in innovation, AI-driven financial planning, and global regulatory strategies empowers businesses to achieve sustainable growth and long-term offshore success.Contact:Komaldeep KaurKomal@mianext.comwww.srkay.com Copyright 2025 ACN Newswire via SeaPRwire.com.

Schaumburg, Illinois, Feb 13, 2025 - (ACN Newswire via SeaPRwire.com) - Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced the successful enterprise-wide deployment of artificial intelligence (AI) solutions. Initial results from this deployment demonstrate substantial operational efficiencies and cost reductions, while establishing a scalable foundation for enhanced customer engagement and sustainable growth.The Company’s Marketing and Sales teams have implemented advanced AI models, resulting in optimized email and social media marketing campaigns delivering improved ROI at reduced operational costs. The AI-driven sales outreach has strengthened customer relationship management leading to increased conversion rates, and improved operational efficiency.The Company's proprietary AI-powered customer service platform has achieved:40% reduction in response times20% decrease in support-related email volumeMeasurable improvements in customer satisfaction metricsEnhanced team productivity and resource allocation"Our strategic AI implementation represents a fundamental advancement in our operational capabilities," said Ketan Thakker, CEO of Giftify, Inc. “These solutions are delivering measurable improvements in efficiency and customer engagement, positioning us to create sustained value for our users, partners, and shareholders."About Giftify, Inc.Giftify, Inc. is a pioneer in the incentive and rewards industry with a focus on retail, dining & entertainment experiences, as the owner and operator of leading digital platforms, CardCash.com and Restaurant.com. CardCash.com is a leading secondary gift card exchange platform, allowing consumers and retailers to realize value by buying and selling gift cards at various scales. Its Restaurant.com is the nation’s largest restaurant-focused digital deals brand. Restaurant.com and our Corporate Incentives division connect digital consumers, businesses and communities offering thousands of dining, retail and entertainment deals options nationwide at over 184,000 restaurants and retailers. Restaurant.com prides itself on offering the best deal, every meal. Our gift cards and restaurant certificates allow customers to save at thousands of restaurants across the country with just a few clicks.For more information, visit: www.giftifyinc.com and www.cardcash.com and https://www.restaurant.com.Forward-Looking StatementsPress Releases may include forward-looking statements. In particular, the words “believe,” “may,” “could,” “should,” “expect,” “anticipate,” “estimate,” “project," "propose," "plan," "intend," and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this news release about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Accordingly, you should not place undue reliance on these forward-looking statements. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the company. Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Giftify, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Giftify, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company’s ability to identify a suitable business model for the corporation.Investors Contacts:IR@giftifyinc.com  Copyright 2025 ACN Newswire via SeaPRwire.com.