#DistractionPrevention Solutions (Nasdaq: $SVRE) (NASDAQ: $AAPL) (NASDAQ: $GOOG) (ACE.AX) @SaverOne_ @Apple @Google @acusensus

#DistractionPrevention Solutions (Nasdaq: $SVRE) (NASDAQ: $AAPL) (NASDAQ: $GOOG) (ACE.AX) @SaverOne_ @Apple @Google @acusensus

 

The Road to #Safety; The Answer to #DriverTech Distraction is New Technology   

 

Vancouver, Kelowna, Delta, BC – August 3, 2023 - Investorideas.com, a leading investor news resource covering tech and security stocks issues a report on the evolving road safety market as technology emerges to save lives, featuring SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions.

 

Read this article, featuring SVRE in full at https://www.investorideas.com/news/2023/technology/08031Distraction-Prevention-Solutions.asp

 

According to AlliedMarketResearch, the global road safety market was valued at $4.7 billion in 2021 and is projected to reach $14.8 billion by 2031, growing at a CAGR of 12.5% from 2022 to 2031.

 

Existing and emerging technologies have great potential to reduce distracted driving, which contributes to thousands of deaths each year in the United States, according to a new National Distracted Driving Coalition (NDDC) report.

 

“Many people think of technology, especially smartphones and complicated infotainment screens as a major cause of distracted driving,” says Dr. Pnina Gershon, a researcher at Massachusetts Institute of Technology and co-author of the new report. “While that’s true, other technologies can potentially help keep people focused on driving or help them avoid a crash if they are distracted.”

 

SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions recently announced that July 2023 was a record month for new installations of its Driver Distraction Prevention Solution (DDPS). During July, the Company installed its innovative safety solution on 299 new vehicles and ended the month with an install-base of approximately 2,700 in the Israeli market, reflecting growing and broad adoption of SaverOne's DDPS system.

 

Ori Gilboa, CEO of SaverOne commented, "This record level of installations in the past month, demonstrates that SaverOne continues to progress in the right direction. Furthermore, based on our open orders, we expect to continue growing our install-base for the foreseeable future. Another positive sign is that while our installations are currently predominantly in Israel, a growing portion of our customers are local subsidiaries of global companies, and we intend to leverage them to access their global headquarters and fleet, as part of our expansion into international markets."

 

Mr. Gilboa continued, "I am thrilled that SaverOne is now firmly in the early revenue growth phase in its corporate lifecycle. We look forward to continuing to broaden our customer base and accelerate the growth of our install-base in the months and years ahead."

 

SaverOne's system is installed in vehicles to provide a solution to the problem of driver distraction, as a result of drivers using distracting applications on the mobile phone while driving, in a way that endangers their safety and the safety of their passengers. This phenomenon is considered one of the main causes of road accidents in the world. According to the US National Highway Traffic Safety Administration, the annual cost of road accidents just in the United States, stands at about $870 billion each year, excluding the costs of serious injury or death, with a quarter of those accidents estimated to be related to the use of the mobile phones while driving. SaverOne's technology specifically recognizes the driver area in the vehicle and prevents the driver from accessing distracting applications such as messaging, while allowing others (e.g. navigation), without user intervention or consent, creating a safer driving environment.

 

SaverOne's primary target markets include commercial and private vehicle fleets that are interested in reducing potential damages and significant cost, vehicle manufacturers that are interested in integrating safety solutions to their vehicles, and insurance and leasing companies. SaverOne initially addresses car fleets with focus on the Israeli, European and US markets, as well as other markets around the world. SaverOne believes that ultimately increased focus on monitoring and prevention of cellular distraction systems in vehicles, in particular driven by upcoming expected EU regulation, will likely have a dramatic positive impact on the demand for its systems in the future.

 

The Company's strategy is to provide its technology for installation to customers in the aftermarket as well as address OEM vehicle manufacturers, to install the Company's protection technologies during the vehicle manufacturing process.

Based on it’s core Technology SaverOne is also developing an ADAS Sensor system for early location and direction detection under all visibility conditions of vulnerable road users (VRU) through their cellphone footprint.

 

According to a July report from auto safety group IIHS.org, “Even without our prodding, tech companies have made big strides. Apple ( NASDAQ: AAPL) and Google ( NASDAQ: GOOG) deserve credit for making apps that block calls and notifications while the user is driving part of their operating systems — though the Android system does not prompt the user about turning it on during the initial setup procedure. Other firms and app developers are working on improving driver monitoring, incentivizing safe driving and other promising ideas.”

 

“Recent updates to the ‘do not disturb’ feature may make it more palatable to users. The latest versions allow ‘breakthrough’ alerts for urgent messages or designated contacts and let users select music, get directions and perform basic web searches using voice commands. For people with newer vehicles, Apple CarPlay and Android Auto are designed to integrate the phone with the in-vehicle infotainment system — but also to restrict overly complex interactions with the device. Google Assistant’s driving mode provides a similar interface for drivers of older vehicles using a dashboard mount for their Android phone.”

 

Australian listed Acusensus (ACE.AX) has designed, developed, patented and commercialized technology focusing on the detection of distracted drivers who are illegally using mobile phones while driving, and has expanded that technology offering to further address speed (point and average), seatbelt enforcement and registration/number plate review.

 

In February, Acusensus announced opening its US headquarters in Las Vegas, Nevada. Regarding this decision, founder and Managing Director of Acusensus, Alexander Jannink said that Las Vegas provides a well-connected hub to be near customers to ensure accessibility to road authorities, whom focus on road safety through implementing technological solutions.

 

“North America has a need and appetite for our road safety technologies. The Federal Highway Administration in the US was granted $5 billion, with an additional $15.6 billion allocated to the States’ Highway Safety Improvement Program,” says Jannink. “We have spent time on the ground in the US to design our solutions to satisfy the unique needs of the market in the USA, emphasising policing over automation. This base further ensures we will make our equipment for America, in America.”

 

According to the National Highway Traffic Safety Administration’s (NHTSA) latest distracted driving report, in 2020, 3,142 people were killed and 324,652 people were injured in distraction-affected motor vehicle crashes. 

 

So, for future driver safety, the race is on for companies to create technology to balance and manage the human error element in using existing technology. The question is, where will this end?  

 

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Breaking #Fintech #Stock News: AppTech (NASDAQ: $APCX) Welcomes Thomas DeRosa as Executive Director of Product & Project Management; @AppTechCorp

Breaking #Fintech #Stock News: AppTech (NASDAQ: $APCX) Welcomes Thomas DeRosa as Executive Director of Product & Project Management; @AppTechCorp

 

CARLSBAD, CA - August 2, 2023 (Investorideas.com Newswire) AppTech Payments Corp. ("AppTech") (NASDAQ: APCX), a leading specialty payments company, today announced the appointment of Thomas DeRosa as Executive Director of Product & Project Management.

With a wealth of experience spanning over three decades, Thomas stands out for his exceptional achievements in developing cutting-edge enterprise platforms across a diverse range of industries, including Travel, Healthcare, Telecommunications, Insurance, Fintech, and Payments.

 

Read this in full at: https://www.investorideas.com/CO/APCX/news/2023/08021Thomas-DeRosa.asp

Throughout his career as a technology developer and leader, he has led the creation of innovative solutions that directly impacted profitability, leveraging his extensive expertise in payment services and marketing monetization. His unwavering focus on profitability and revenue has resulted in the successful development of products and a management style tailored to achieving sustainable growth and financial success.

 

With an unparalleled track record of accomplishments, Thomas continues to inspire and lead with vision, ensuring his impact resonates throughout the industry and beyond. As an Executive Director, Thomas DeRosa will play a pivotal role in guiding the Company's strategic direction, optimizing operational workflows, and propelling the organization to new heights of success.

 

President of AppTech, Virgil Llapitan commented, "We are excited to welcome Mr. DeRosa aboard, confident that his extensive knowledge, leadership prowess, and passion for excellence will make a significant impact on our organization's growth and prosperity."

 

About AppTech Payments Corp

AppTech Payments Corp. (NASDAQ: APCX) provides digital financial services for corporations, small and midsized enterprises ("SMEs") and consumers through the Company's scalable cloud-based platform architecture and infrastructure, coupled with our commerce experiences development and delivery model. AppTech maintains exclusive licensing and partnership agreements in addition to a full suite of patented technology capabilities. For more information, please visit www.apptechcorp.com.

 

Forward-Looking Statements

This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will" and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the Company's control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Investor Relations Contact

Michael Kim/Brooks Hamilton
737-289-0835
APCX@mzgroup.us

 

AppTech Payments Corp.

info@apptechcorp.com
760-707-5959

 

SOURCE: AppTech Payments Corp.

 

AppTech Payments Corp. (APCX) is a featured tech stock on

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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:  AppTech Payments Corp. (APCX) is a paid featured tech stock on Investor ideas( monthly effective December 2022) More disclosure:. Contact management and IR of each company directly regarding specific questions. 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 Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

  

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Bitfarms Posts July Results, WonderFi Announces Corporate Update, and Neptune Digital Shares Financial Update

 

Vancouver, Kelowna, Delta, BC August 1, 2023 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2023/080123-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2023/crypto-corner/08011BITF-WNDR-NDA.asp

 

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Stocks discussed: (NasdaqGM:BITF) (TSX:WNDR) (TSXV:NDA)

 

Bitfarms Ltd. (NasdaqGM:BITF) has posted its Bitcoin (BTC) production and mining operations update for July 2023. Highlights for the month include the mining of 378 BTC, the sale of 333 BTC, and an operating hashrate of 5.3 exahash/second at the month’s end. Geoff Morphy, the company’s CEO, explained:

 

“We follow a disciplined and accretive growth strategy of securing low-cost power and investing capital wisely in highly efficient operations with compelling projected returns. To this end, in July we initiated an expansion plan to nearly double our hydropower capacity to 350 MW by acquiring 150 MW of under-utilized hydropower in Paraguay. As an industry veteran of over five years with operations in four countries, Bitfarms has a proven track record of expeditiously establishing operations in new jurisdictions. Through expansion in Paraguay, the Company seeks to leverage its industry knowledge and economies of scale to drive greater production efficiency. We plan to commence construction on the first 50 MW facility here in Q3 2023.”

 

WonderFi Technologies Inc. (TSX:WNDR) has announced a corporate update following the completion of its acquisition of Coinsquare Ltd. and CoinSmart Financial Inc. on July 7, 2023. Highlights include cash and cash equivalents totalling more than $35 million across WonderFi and its wholly owned subsidiaries as of July 7, and over 15,000 registrations in the last 30 days across the WonderFi platforms. Dean Skurka, President and CEO of WonderFi, said:

 

"Following our acquisition of Coinsquare and CoinSmart, we are pleased with the initial progress toward realizing synergies and identifying a clear strategic roadmap to achieve profitability in the near term. As one of the largest regulated digital asset ecosystems in Canada, we are continuing to find ways to improve our product offerings, including our trading platforms and crypto-payment solutions.”

 

Neptune Digital Assets Corp. (TSXV:NDA) has released its May 31, 2023 quarterly condensed consolidated interim financial statements and management discussion and analysis for the nine months ended May 31, 2023. Highlights include $38.5 million in assets and zero debt as of May 31, as well as total revenues and other income of $2.9 million through BTC mining, staking, DeFi and other income-generating activities during the nine-month period. CEO Cale Moodie commented:

 

"Neptune believes we are now emerging from a bear market and as such has started to position monetary assets to gain additional exposure in the projected recovery over the coming years. That said, we have taken measures to protect against substantial pullbacks or black swan type events while our crypto and monetary holdings continue to generate revenues through various avenues, including delegation, staking, nodes, high-interest term deposits, and option trade premiums. Costs remain low and capital needs are covered for many years to come. This quarter was fairly flat due to downside swing of the Canadian dollar and a muted rally over last quarter, that said we continue to grow our balance sheet and acquire what we deem to be potentially high value assets in the medium term.”

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

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#Tech #Stocks in the News - #EDA #Software (OTCPINK: $GTCH) (NASDAQ: $CDNS) (NYSE: $KEYS) (NASDAQ: $SNPS) @gbtt_inc @Cadence @Keysight @Synopsys

#Tech #Stocks in the News - #EDA #Software (OTCPINK: $GTCH) (NASDAQ: $CDNS) (NYSE: $KEYS) (NASDAQ: $SNPS) @gbtt_inc @Cadence @Keysight @Synopsys

 

Vancouver, Kelowna, Delta, BC – August 1, 2023 - Investorideas.com (www.investorideas.com), a global investor news source covering tech stocks releases a special news report on the EDA market, featuring a tech innovator building a growing IP portfolio in the sector, GBT Technologies Inc. (OTC PINK:GTCH).

 

Read this article, featuring GTCH in full at https://www.investorideas.com/news/2023/technology/08011EDA-Software.asp

 

According to a recent article in Semiengineering.com “EDA tools and IP continued their double-digit growth trajectory this year, despite a downturn in consumer electronics and a continued shortage of key components that took a large bite out of the semiconductor market as a whole.”

 

“A just-released report from the ESD Alliance showed a 12% increase in revenue for Q1, increasing to $3.95 billion compared with $3.53 billion in the same period in 2022. The four-quarter moving average also showed 12.7% growth.”

 

GBT Technologies Inc. (OTC PINK:GTCH) recently provide an update covering its EDA segment intellectual properties (“IP”) portfolio.

 

From the News: Magic2, is an AI driven electronic design automation (EDA) software Suite helping engineers to speed up time consuming task work during the integrated circuits (IC) design phase. This week GBT received patent approval for its Epsilon tool which means that four out of the eight tools received patent approval. Magic2 consists of eight integrated software applications that each cover specific component processes of the IC design cycle. The tools complement each other and will help drastically reduce the development costs and speed up the IC design development cycle.

 

“It sounds technical because it is, but simply spoken, Magic2 is a Suite of individual EDA tools which we believe can potentially save 1000’s and 1000’s hours of engineering time, speeding up the microchip design process and at the same time building better, faster, greener, cheaper, and more reliable microchips. Epsilon has been a double milestone for GBT Technologies Inc. as we already developed a limited working software version V1.0 which has performed in an operational setting and started the whole Magic2 concept. With all the positive industry feedback, GBT will continue to focus on expanding the family of its various EDA patents and concentrating on strategic potential partnerships with the goal of integrating these technologies into a broad marketplace, diversifying the risk within all these areas, and increasing shareholder value of that portfolio,” said Mansour Khatib, CEO of GBT.

 

From the News: Epsilon - RV (Reliability Verification) Software for real-time analysis and Auto-Correct of integrated Circuits Reliability issues, among them are EM (Electromigration), SH (Self-Heat), IR Drop [1], and another RV phenomenon [2]. Notice of Allowance issued - Functioning Software Demo available.

 

Omega - Automatic Design Rule Correction Software of physical IC layout block. The program reads a process rule deck, a GDSII [3], Oasis data [4] and automatically fixes all DRC [6] violations, maintaining hierarchy and LVS, RV, DFM [7] compliance. Notice of Allowance issued.

 

Sigma - LVS [5] Automatic Correction of IC Layout Blocks. The program reads an LVS Deck and a GDSII, Oasis data and based on schematic fixes the physical layout. The program will re-wire nets, maintaining DRC, RV, and DFM correctness. - Patent issued.

 

Phi - Automatic IP layout blocks generator to create from scratch IC layout blocks (For example: A USB unit, or a MEMORY unit), based on hardware description language or a circuit’s schematic. The system reads the circuit’s schematic or HDL [8] and automatically generates the block in a given process (for example: 5nm). The generated block is LVS, DRC, RV and DFM compliant. - Notice of Allowance issued.

 

Tau - Patent and information pending. *

 

Delta - Patent and information pending. *

 

Kappa - Patent and information pending. *

 

Zeta - Patent and information pending. *

 

Reflecting the sector growth in its recent numbers. Cadence Design Systems, Inc. (Nasdaq: CDNS), a leader in electronic systems design, recently reported results for the second quarter of 2023.

 

From the news: Cadence reported second quarter 2023 revenue of $977 million, compared to revenue of $858 million for the same period in 2022. On a GAAP basis, Cadence achieved operating margin of 31 percent and recognized net income of $221 million, or $0.81 per share on a diluted basis, in the second quarter of 2023, compared to operating margin of 33 percent and net income of $187 million, or $0.68 per share on a diluted basis, for the same period in 2022.

 

From the news: Using the non-GAAP measures defined below, operating margin for the second quarter of 2023 was 42 percent and net income was $334 million, or $1.22 per share on a diluted basis, compared to operating margin of 42 percent and net income of $298 million, or $1.08 per share on a diluted basis, for the same period in 2022.

 

"Cadence delivered excellent results for the second quarter of 2023, with strong ongoing customer demand for our innovative technologies," said Anirudh Devgan, President and Chief Executive Officer. "With its unparalleled promise, Generative AI is beginning to make a significant impact globally. Our dedicated focus on AI over the past several years, combined with our computational software expertise and invaluable data that lies at the core of AI, uniquely positions us to deliver to the tremendous potential of this transformative technology."

 

"We achieved another quarter of strong financial results and are raising our revenue, operating margin and EPS guidance for 2023 yet again," said John Wall, senior vice president and chief financial officer. "Our revenue outlook for the second half represents a year-over-year growth of approximately 15%, allowing us to raise our 2023 revenue guidance to more than 14% growth over 2022."

 

Keysight Technologies, Inc. (NYSE:KEYS) recently announced the introduction of PathWave Design 2024, the latest release of its suite of electronic design automation (EDA) software tools, giving design engineers new software automation, design data and intellectual property (IP) management, team collaboration, and development lifecycle transformation capabilities.

 

From the news: Keysight’s new Python API for EDA workflows establishes an open ecosystem to connect and control best-in-class simulators, platforms, data exchange, and report generation to meet specific development project needs. The Python API enables Keysight’s EDA software tools to interoperate with third-party partner tools in custom-tailored automation workflows. For example, it supports more efficient design verification and provides greater confidence for attaining first-pass success. In addition, Keysight speeds the development of automated workflows themselves by offering professional consulting and customization services for PathWave Design 2024 customers.

 

In February, Keysight announced it had acquired Cliosoft and will be adding the company’s line of hardware design data and intellectual property (IP) management software tools to its portfolio of electronic design automation (EDA) solutions.

 

Synopsys (Nasdaq: SNPS), with a long history of being a global leader in electronic design automation (EDA) and semiconductor IP, recently reported news that its technology is unleashing a new wave of advanced designs with the industry's broadest portfolio of interface IP for the TSMC N3E process. Silicon success of Synopsys IP across multiple product lines, including the most widely used protocols, delivers leading power, performance, area (PPA) and latency. Synopsys' IP for the TSMC N3E node offers a fast path to TSMC N3P integration and enables chip designers to accelerate development of their AI, high-performance computing (HPC) and mobile designs.

 

From the news: "Synopsys provides a broad portfolio of high-quality IP that helps designers achieve their design goals and quickly integrate the necessary IP into their designs with less risk," said John Koeter, Senior Vice President of marketing and strategy for IP at Synopsys. "Synopsys IP for TSMC's 3nm process has been adopted by dozens of leading companies to accelerate their development time, quickly achieve silicon success and speed their time to market."

 

"Our longstanding collaboration with Synopsys enables our mutual customers to benefit from a broad portfolio of IP that has been proven on TSMC's advanced process technologies," said Dan Kochpatcharin, Head of the Design Infrastructure Management Division at TSMC. "The silicon success of Synopsys IP on TSMC's N3E process underscores our collective efforts to help designers address the stringent PPA and latency requirements of their SoC designs and accelerate silicon innovation for the next-generation AI, HPC and mobile applications."

 

According to ResearchandMarkets, “The global market for EDA Tools estimated at US$13.1 Billion in the year 2022, is projected to reach a revised size of US$30.1 Billion by 2030, growing at a CAGR of 11% over the analysis period 2022-2030.”

 

“Semiconductor Intellectual Property (SIP), one of the segments analyzed in the report, is projected to record a 11.6% CAGR and reach US$12 Billion by the end of the analysis period.”

 

So the race is on for creating IP in the EDA market and with a little “magic” it will keep growing.

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

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