GlobeNewswire – Global Business Magazine https://thegbm.com Business news, opinion, reviews, interviews Thu, 22 May 2025 23:53:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://thegbm.com/wp-content/uploads/2021/07/Bizmag-logo.png GlobeNewswire – Global Business Magazine https://thegbm.com 32 32 195744517 iHerb Introduces California Gold Nutrition® BEAUTY https://thegbm.com/iherb-introduces-california-gold-nutrition-beauty/ https://thegbm.com/iherb-introduces-california-gold-nutrition-beauty/#respond Thu, 22 May 2025 23:53:00 +0000 https://thegbm.com/iherb-introduces-california-gold-nutrition-beauty New Products Expand iHerb’s Leading House Brand to Offer a Holistic Approach to Beauty and Self-Care

IRVINE, Calif., May 23, 2025 (GLOBE NEWSWIRE) — iHerb, a leading global destination for health and wellness, proudly announces the launch of California Gold Nutrition® BEAUTY, a new holistic self-care line made with premium ingredients that promote wellness from the inside out. The brand makes its debut with a targeted collection of hair multivitamins and clean, performance-driven hair care essentials designed to support strong, healthy hair. 

As iHerb’s largest and most trusted house brand, California Gold Nutrition now extends its legacy into beauty, bath and personal care at a time when the beauty industry is experiencing significant growth and is projected to reach $1 trillion globally in 2025.* This new line reflects a 360-degree “beauty from within” philosophy, combining internal support through expertly formulated supplements with topical care powered by high-quality, clean ingredients.

“The launch of California Gold Nutrition BEAUTY represents a major step in advancing one of iHerb’s strategic priorities to continually enhance our product selection,” said Lindsey Wiefels, SVP of Merchandising at iHerb. “This line offers a luxurious yet affordable way for consumers worldwide to embrace a personal care routine rooted in health—starting with strong, vibrant hair supported from the inside out.”

Over the coming months, the California Gold Nutrition BEAUTY line will expand to include Skin and Body collections—featuring collagen-rich serums, moisturizers, soothing balms, energizing drink powders, and more—further empowering customers to build holistic self-care routines.

Premium Multivitamins to Support Hair Health

The launch includes specialized Hair Multivitamins for Women and Men, developed in collaboration with Dr. Michael T. Murray, iHerb’s Chief Scientific Advisor. Launching at a suggested retail price of approximately $34 for 120 veggie capsules, each comprehensive formula features vitamins, minerals and essential nutrients including high-potency biotin, plus a Hair Dermal Complex with mixed tocotrienols, phytosterols, ceramides, and botanical extracts—carefully selected to nourish hair follicles.**

  • Women’s Hair Multivitamin – Tailored for comprehensive support, this specially-formulated multivitamin empowers women to embrace fuller, longer and healthier hair.
  • Men’s Hair Multivitamin – Offers men a plant-powered alternative made with essential vitamins and minerals to support hair vitality and growth.

“At iHerb, we understand that true beauty begins at the cellular level. With the California Gold Nutrition BEAUTY line, we’ve combined high-potency biotin with nature’s most effective botanicals to support hair health,” said Dr. Murray. “These formulas are designed to deliver positive results without compromising on safety or purity. Our goal is to empower individuals to feel confident in their natural beauty—nourished, resilient, and radiant.”

Dr. Michael Murray, a globally recognized authority on natural medicine, recently contributed an in-depth, evidence-based article to the iHerb Wellness Hub, exploring the science behind essential vitamins and supplements that support natural hair growth solutions.

Botanically-Infused Hair Care Collection

Complementing the Hair Multivitamins is a signature topical hair care collection, infused with an invigorating rosemary and mint scent for a refreshing daily ritual. Each formula is cruelty-free and made without parabens, sulfates, paraffins, mineral oils, or DEA compounds. With each item accessibly priced at $10 suggested retail price, the collection includes:

  • Strengthening Shampoo – Cleanses and revitalizes with biotin and nourishing coconut and babassu oils, offering a rich lather and enhanced shine.
  • Strengthening Hair Masque – A weekly intensive treatment enriched with rosemary, sesame oil, biotin, honey, and coconut oil for deep nourishment and renewal.
  • Strengthening Hair & Scalp Oil – A silky, fast-absorbing formula that soothes the scalp and boosts hair radiance, with refreshing notes of tea tree and mint.

For product images for use in media stories, visit https://brandfolder.com/iherb/pressassets

About iHerb:

iHerb is one of the world’s leading online retailers dedicated to offering an unbeatable selection of vitamins, minerals, supplements and other health and wellness products, including sports nutrition, beauty, bath and personal care, grocery, baby and pet care from over 1,800 reputable brands. Supported by a global workforce of 3,000 team members, iHerb serves nearly 13 million global customers across 180 countries and 22 languages.

CONTACT: Media Relations: press@iherb.com

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Entertainment Without Borders: AI-Media and Lightning International Join Forces to Make FAST Channels Accessible to Everyone https://thegbm.com/entertainment-without-borders-ai-media-and-lightning-international-join-forces-to-make-fast-channels-accessible-to-everyone/ https://thegbm.com/entertainment-without-borders-ai-media-and-lightning-international-join-forces-to-make-fast-channels-accessible-to-everyone/#respond Thu, 22 May 2025 23:45:00 +0000 https://thegbm.com/entertainment-without-borders-ai-media-and-lightning-international-join-forces-to-make-fast-channels-accessible-to-everyone

AI-Media and Lightning International Partnership

AI-Media and Lightning International Join Forces to Make FAST Channels Accessible to Everyone
AI-Media and Lightning International Join Forces to Make FAST Channels Accessible to Everyone

SYDNEY and HONG KONG, May 22, 2025 (GLOBE NEWSWIRE) — AI-Media Technologies Limited (“AI-Media”), a global leader in live captioning and translation solutions, has entered a groundbreaking partnership with Lightning International (“Lightning”), the leading distributor of Free Ad-Supported Television (FAST) channels. This collaboration aims to break down barriers and bring the joy of entertainment to every corner of the globe, and enhance revenue opportunities for FAST platforms and content owners, transforming how premium content is distributed and monetized across diverse markets.

Solving Accessibility and Localization Challenges

Imagine viewers in Germany – or anywhere in the world – accessing the latest news in real time, with no language barriers. This partnership addresses key challenges for FAST platforms: delivering premium, localized content to a global audience and increasing accessibility for all viewers from heart-pounding action movies to the latest chart-topping music, and even adorable pets. Leveraging AI-Media’s LEXI and LEXI Translate solutions, content is localized in real-time with live-translated captions burned directly into the feed, making it accessible in over 50 languages.

For example, a channel previously limited to English-speaking markets, can now reach fans worldwide by offering live-translated captions in French, German, Italian, Japanese, and more. This opens new distribution channels, expands viewership, and enables content monetization in previously inaccessible markets.

Tony Abrahams, CEO of AI-Media, said “This partnership with Lightning International is a game-changer for the FAST industry. By making premium content accessible and localized in real-time, we are helping platforms grow audiences and increase revenue while making global content truly inclusive.”

Transformative Benefits for FAST Platforms and Content Owners

  • Increased Engagement and Viewership: Captions enhance engagement, driving repeat viewership and longer watch times—a key factor for increasing ad opportunities on FAST platforms.
  • Greater Accessibility: AI-Media’s solutions not only benefit the d/Deaf and hard-of-hearing communities but also cater to the growing demand for captions among millennial and Gen Z viewers, 87% of whom find captions useful for watching video content.
  • New Revenue Streams: By breaking down language barriers, this partnership enables content owners to reach new markets, driving higher audience numbers and ad revenue.
  • Cost-Effective Localization: Traditional live translation methods are expensive and resource intensive. AI-Media’s AI-powered solutions deliver scalable, real-time localization at a fraction of the cost, with less latency and greater reliability.

How It Works

AI-Media’s Alta and LEXI Translate solutions provide real-time transcription and translation. Captions are seamlessly integrated into the linear channel feed, which is then delivered to FAST platforms via Lightning International’s content delivery services based in Hong Kong. This approach ensures a streamlined workflow that is cost-effective, scalable, and reliable.

James Ross, CEO of Lightning International, commented “We are excited to collaborate with AI-Media. With this partnership, we are setting a new standard for localisation in the FAST industry, enabling us to unlock new markets, making it possible for every viewer to enjoy our diverse content without any language barriers.”

The future of FAST TV localisation is brighter than ever with the launch of LEXI Voice at NAB. This breakthrough in AI dubbing empowers broadcasters and content owners to deliver real-time alternate-language audio tracks—enhancing accessibility for the visually impaired and offering global audiences a more immersive, native-language experience.

About AI-Media

Founded in Australia in 2003, AI-Media (ASX: AIM) is a global leader in AI-powered live voice translation, captioning, and language accessibility solutions. AI-Media’s latest innovation, LEXI Voice, transforms how global audiences engage with live content – providing real-time, multilingual voice translations built on the industry-leading accuracy of its LEXI captions. Designed for broadcasters, enterprises, and event producers, LEXI Voice opens new revenue streams and audience reach by making live content instantly accessible in multiple languages. Trusted in 25+ countries, AI-Media’s end-to-end ecosystem – including iCap, Alta, Encoder Pro and the LEXI Toolkitdelivers unmatched automation, precision, and scalability. With a proven record of replacing legacy human workflows, AI-Media empowers the world’s top organisations to deliver accessible, inclusive experiences at scale.

About Lightning International
Lightning International is a content solutions company with a focus on creating and distributing TV Channels, programmes, and formats. Based in Hong Kong and the UK since 2011, Lightning further strengthened its capabilities by joining the AsiaSat family in 2023, and distributes a package of 15+ FAST channels which are already carried on numerous platforms around the world. These channels are fully curated by Lightning to broadcast standards and are available in Asia and worldwide. They include channels such as Action Hollywood Movies, Concerto TV, Docsville, NOW 70s, NOW 80s, Now 90s00s, NOW Rock, Pet Club TV, Pulse, RCM, TRACE Urban, TRACE Sport Stars, NewsWorld, Globetrotter, and our latest additions 24/7 SAMURAI-SHINOBI and hi Life! Additionally, the company licenses a full catalogue of programming, both as finished shows and formats. http://www.lightninginternational.net

Media Contact:
Fiona Habben
Head of Global Marketing
Fiona.habben@ai-media.tv

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/201bd6ac-b226-4036-b19d-a4f14b2d8907

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America First Healthcare Reviews: What Clients Are Saying About Their Coverage https://thegbm.com/america-first-healthcare-reviews-what-clients-are-saying-about-their-coverage/ https://thegbm.com/america-first-healthcare-reviews-what-clients-are-saying-about-their-coverage/#respond Thu, 22 May 2025 10:16:00 +0000 https://thegbm.com/america-first-healthcare-reviews-what-clients-are-saying-about-their-coverage ORLANDO, Fla., May 22, 2025 (GLOBE NEWSWIRE) — Americans praise transparency, compassion, and real savings in a marketplace plagued by confusion and mistrust.

More than ever, they’re turning to private health insurance solutions that prioritize honesty, affordability, and clarity as the U.S. healthcare landscape changes. One Florida-based company, America First Healthcare, is gaining traction for doing just that, and verified reviews from both the Better Business Bureau (BBB) and Trustpilot suggest that clients are noticing the difference.

Founded by entrepreneur Jordan Sarmiento after a personal medical crisis left him with $95,000 in hospital bills, America First Healthcare was built to give Americans a straightforward, trustworthy path to health coverage. Sarmiento says, “I created this company so no one else would have to go through what I did. I used to feel helpless, overwhelmed, and unprotected.”

And according to dozens of clients, that mission is succeeding.

Customers have shared detailed accounts of exceptional service on the Better Business Bureau, where America First Healthcare is BBB-accredited with an A rating. In one verified five-star review, a customer wrote:

“Daniel was extremely helpful and answered every question I had. He thoroughly explained my coverage options and was very pleasant. Would definitely recommend America First Healthcare.” – BBB Verified Reviewer, December 2024

Based on verified reviews, America First Healthcare holds a TrustScore of over four stars with more than 90% positive reviews on Trustpilot. One recent reviewer enjoyed their experience with the company:

I want to extend my sincere appreciation to Alejandro Ustariz for his outstanding service and support in helping me secure excellent dental insurance coverage. From the very beginning, he was knowledgeable, patient, and attentive to my specific needs. He spent ample amount of time to explain all the available options in a clear and understandable way, ensuring I made an informed decision. – Verified Trustpilot Review, May 1 2025

Another client wrote:

“I want to extend my sincere appreciation to Alejandro Ustariz for his outstanding service and support in helping me secure excellent dental insurance coverage. From the very beginning, he was knowledgeable, patient, and attentive to my specific needs. He spent ample amount of time to explain all the available options in a clear and understandable way, ensuring I made an informed decision.” – Verified Trustpilot Review, February 2024

Sarmiento, who founded the company with a belief in small government and free-market healthcare solutions, has made it clear that America First Healthcare’s goal is not just to sell policies, but to rebuild trust in private insurance.

The founder, Sarmiento, says “Our advisors aren’t taught to close deals, they’re taught to care,” said Sarmiento. “We listen before we recommend. We explain without jargon. And we serve people like they matter. Because they do.”

With a growing footprint nationwide and a client base that includes families, small business owners, and independent contractors, the company is quickly becoming a voice for Americans seeking health insurance without the games.

Jordan Sarmiento and America First Healthcare are changing the tone of health insurance, one honest conversation at a time.

ABOUT AMERICA FIRST HEALTHCARE
America First Healthcare is a private health insurance agency headquartered in Orlando, Florida. It is dedicated to helping Americans find honest, affordable healthcare coverage that works for their needs, not against them. Founded in 2021, the company believes in transparency, values-first service, and putting people over profits.

MEDIA CONTACT
Jordan Sarmiento
Founder & CEO, America First Healthcare
Email: info@americafirsthealthcare.com
Address: 7700 Southland Blvd, Orlando, FL 32809
Website: https://americafirsthealthcare.com

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

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Form 8.3 – [GLOBALDATA PLC – 21 05 2025] – (CGWL) https://thegbm.com/form-8-3-globaldata-plc-21-05-2025-cgwl/ https://thegbm.com/form-8-3-globaldata-plc-21-05-2025-cgwl/#respond Thu, 22 May 2025 10:13:00 +0000 https://thegbm.com/form-8-3-globaldata-plc-21-05-2025-cgwl FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1.        KEY INFORMATION

(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
N/A
(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
        Use a separate form for each offeror/offeree
GLOBALDATA PLC
(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
(e)   Date position held/dealing undertaken:
        For an opening position disclosure, state the latest practicable date prior to the disclosure
21 MAY 2025
(f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
        If it is a cash offer or possible cash offer, state “N/A”
N/A

2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security: 0.01p ORDINARY
  Interests Short positions
Number % Number %
(1)   Relevant securities owned and/or controlled: 11,058,455 1.3711    
(2)   Cash-settled derivatives:

       
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
TOTAL: 11,058,455 1.3711    

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)      Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:  
Details, including nature of the rights concerned and relevant percentages:  

3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security Purchase/sale

Number of securities Price per unit
0.01p ORDINARY SALE 3,825 190.52p

(b)        Cash-settled derivative transactions

Class of relevant security Product description
e.g. CFD
Nature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short position
Number of reference securities Price per unit
NONE        

(c)        Stock-settled derivative transactions (including options)

(i)        Writing, selling, purchasing or varying

Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
e.g. American, European etc.
Expiry date Option money paid/ received per unit
NONE              

(ii)        Exercise

Class of relevant security Product description
e.g. call option
Exercising/ exercised against Number of securities Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security Nature of dealing
e.g. subscription, conversion
Details Price per unit (if applicable)
NONE      

4.        OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

NONE

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i)   the voting rights of any relevant securities under any option; or
(ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”

NONE

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached? NO

Date of disclosure: 22 MAY 2025
Contact name: MARK ELLIOTT
Telephone number: 01253 376539

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

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Best Live Dealer Online Casino: Lucky Creek’s Live Dealer Casino Games https://thegbm.com/best-live-dealer-online-casino-lucky-creeks-live-dealer-casino-games/ https://thegbm.com/best-live-dealer-online-casino-lucky-creeks-live-dealer-casino-games/#respond Wed, 21 May 2025 21:05:00 +0000 https://thegbm.com/best-live-dealer-online-casino-lucky-creeks-live-dealer-casino-games Lucky Creek Casino Sets the Gold Standard for Live Dealer Gaming with Seamless Technology, Real-Time Action, and Unmatched Player Rewards

Las Vegas, May 21, 2025 (GLOBE NEWSWIRE) — Lucky Creek

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Recently, players have been noted to seek authentic online casinos and those that offer interactive online casino experiences, especially from live dealer games. This has seen the demand for high-quality live dealer games skyrocket beyond the roof. In addition to the experience, players also look beyond convenience as they look for a real casino’s thrill, social interaction, and atmosphere, streamed directly to their devices. Recognizing this shift in player preferences, Lucky Creek Casino curated its live dealer platform to meet and exceed these expectations, making it the top list of the best live dealer online casinos.

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Disclaimer & Affiliate Disclosure

The information presented in this article is for general informational and promotional purposes only. While every effort has been made to ensure accuracy, completeness, and reliability at the time of writing, no guarantee is provided that the content is free from typographical errors, outdated data, or other unintentional inaccuracies. Readers are encouraged to verify any facts or claims made herein independently prior to making any decisions based on the information presented.

This content may include references to or descriptions of third-party products or services, including but not limited to online casinos and gaming platforms. The publishers, syndication partners, and contributors involved in the distribution of this material are not responsible for any outcomes related to the use, misuse, or interpretation of the information included.

Readers should be aware that the publisher of this content may receive financial compensation through affiliate relationships with some or all of the companies or platforms mentioned. This means that commissions may be earned if products or services are purchased through links included in the content. Such compensation does not influence the content’s objectivity or editorial integrity.

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CONTACT: Company: Lucky Creek Casino Phone Support: 888 595 5835 Email: support@luckycreek.com

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Best Free Spins No Deposit Casino: Uptown Aces Best 2025 No Deposit Bonus https://thegbm.com/best-free-spins-no-deposit-casino-uptown-aces-best-2025-no-deposit-bonus/ https://thegbm.com/best-free-spins-no-deposit-casino-uptown-aces-best-2025-no-deposit-bonus/#respond Wed, 21 May 2025 21:03:00 +0000 https://thegbm.com/best-free-spins-no-deposit-casino-uptown-aces-best-2025-no-deposit-bonus Uptown Aces Named Best No Deposit Bonus Casino of 2025 With 100 Free Spins & Instant Play – No Credit Card Required

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CONTACT: Email: support@uptownaces.eu Toll-Free (U.S.): +1-888-492-9309 Phone: +1-657-208-5477 Live Chat: Available 24/7 via their Support Page

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ZeroBiometrics Unveils Breakthrough in AI Agent Security with Human-Bound Cryptographic Authentication https://thegbm.com/zerobiometrics-unveils-breakthrough-in-ai-agent-security-with-human-bound-cryptographic-authentication/ https://thegbm.com/zerobiometrics-unveils-breakthrough-in-ai-agent-security-with-human-bound-cryptographic-authentication/#respond Wed, 21 May 2025 07:21:00 +0000 https://thegbm.com/zerobiometrics-unveils-breakthrough-in-ai-agent-security-with-human-bound-cryptographic-authentication SAN FRANCISCO, May 21, 2025 (GLOBE NEWSWIRE) — In a major leap forward for digital trust and AI governance, ZeroBiometrics has announced a groundbreaking innovation that securely links AI agents to real human identities using its proprietary, template-less biometric cryptographic technology. This advancement addresses one of the most urgent challenges in the AI age: ensuring that autonomous agents act with verifiable, human-authorized intent.

The new system allows AI agents—ranging from trading bots to autonomous customer support systems—to carry out transactions within strict, pre-defined limits, as enumerated in certificates issued by a biometrically-backed Certificate Authority. Humans are issued root or intermediate certificates via ZeroBiometrics’ privacy-preserving biometric authentication platform, which cryptographically verifies individuals in real time without storing or transmitting biometric templates. That person can issue end-entity certificates to AI Agents to allow them to act within a scoped set of capabilities and participate in a cryptographically verifiable digital identity framework. Certificates can extend an individual’s own identity, or can extend an organization’s identity.

“AI agents are becoming more powerful, but without trust anchors, they can be hijacked or abused,” said Alfred Chan, CEO of ZeroBiometrics. “Our technology ensures that every AI action can be traced to a real, authenticated person—who approved it, scoped it, and can revoke it.”

The solution leverages open standards and technology that underpins the internet today. It supports transactional controls such as time limits, financial caps, functional scopes, and revocable keys, and integrates easily into decentralized ledgers or enterprise PKI infrastructures. This positions ZeroBiometrics as a key enabler of safe AI deployment in finance, healthcare, logistics, and government applications.

By binding digital autonomy to real-world accountability, ZeroBiometrics isn’t just securing AI—it’s redefining digital authority for the post-password and Agentic AI driven world.

CONTACT: Media Contact: inquiry@zerobiometrics.com www.zerobiometrics.com

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Turntide Gen 5 Battery Provides OEMs Faster Time-to-Market with Built-in Compliance https://thegbm.com/turntide-gen-5-battery-provides-oems-faster-time-to-market-with-built-in-compliance/ https://thegbm.com/turntide-gen-5-battery-provides-oems-faster-time-to-market-with-built-in-compliance/#respond Wed, 21 May 2025 07:00:00 +0000 https://thegbm.com/turntide-gen-5-battery-provides-oems-faster-time-to-market-with-built-in-compliance The high energy density and compact size provide flexibility and scalability across EV and hybrid vehicle applications

Gen 5 Turntide NMC Battery Pack Range

Turntide’s new lithium-ion modular battery solutions combine high-performance battery packs with system controllers for temperature, current, and voltage measurement, dissipative cell balancing, and application communication.
Turntide’s new lithium-ion modular battery solutions combine high-performance battery packs with system controllers for temperature, current, and voltage measurement, dissipative cell balancing, and application communication.

Gateshead, UK, May 21, 2025 (GLOBE NEWSWIRE) — Turntide Technologies (Turntide), a leader of best-in-class electric motors, power electronics and energy storage, announced the availability of its EU-compliant Gen 5 NMC modular battery. The battery offers enhanced safety, reliability, and sustainability with high energy density in a low-profile form factor, giving OEMs greater flexibility for rapid integration and scalability for a range of applications.  

Navigating Compliance Amid Soaring Battery Demand & E.U. Regulatory Changes 

With global battery demand set to quadruple by 2030 and new E.U. battery regulations in effect, OEMs must comply in critical areas such as durability, thermal propagation and fire safety, recycling, and product transparency to avoid delays from regulatory setbacks. The Gen 5 battery meets these needs head-on, accelerating the path to faster production. Compliance with E.U. regulations, some of the strictest in the world, means the Gen 5 is one of the safest, most reliable batteries available 

Versatility Allows Gen 5 Battery to Adapt Across Industries 

The Gen 5 battery’s modular, scalable design makes it ideal for a wide range of applications. The high gravimetric and volumetric energy density means it is more efficient, and it allows for flexible, space-saving installation in verticals such as construction, industrial, AGV, agriculture, and military.  

Additional features include:  

  • CE, UN38.3, ECE-R100.3 standards that meet international regulatory and safety compliance.  
  • Modular, scalable design from 4.5 kWh (100 Ah) or 6.8 kWh (150 Ah) or connect multiple battery packs (up to 18 total, max 9 in series) to increase total energy storage for custom voltage and capacity.  
  • Securely mountable in 3-axis 
  • Separate BCU (battery control unit) for greater flexibility, ease of installation and simplified serviceability. 
  • Proven lifecycle with more than 3,000 cycles with 85% capacity retention, the battery features an IP66-rated weatherproof aluminum case offering excellent protection for reliable energy storage. 

“OEMs are under pressure to accelerate the development and deployment of electric vehicles,” said Steve Hornyak, CEO, Turntide. “Our regulation-ready Gen 5 battery is designed for immediate integration, helping OEMs accelerate their path to production in a market that demands safety, transparency, and reliability at every stage of the battery lifecycle.” 

Building on the momentum of its AF430S axial flux motor, Turntide continues to accelerate electrification with a suite of OEM-ready technologies. Redefining power and efficiency in a compact form, the AF430S axial flux motor, launched in mid-April, delivers high performance and continuous torque in demanding applications from electric vehicles and construction equipment to military, marine and high-speed transportation. Now, Turntide complements that innovation with its regulation-ready battery designed for rapid integration. Together these solutions offer a cost-effective, adaptable, and scalable path to electrification without requiring major vehicle redesigns or compromising performance.  

For more information on Turntide products, visit www.turntide.com.  

Note: Turntide will exhibit at Stand 6-A68 during The Battery Show in Stuttgart, Germany. During the event, the team will give Tech Tours of the Gen 5 Battery and the AF430S axial flux motor. If you’d like to schedule a personal tour, email us at lori.ditoro@turntide.com.

Turntide Technologies designs and manufactures best-in-class electric motors, power electronics, energy storage, and thermal equipment for anything that moves.  
  
Turntide Technologies operates in North America, the U.K., and India and serves customers in global markets and industries including off highway automotive, commercial vehicles, rail, marine, light vehicles, commercial buildings, and premium automotive.

Attachment

CONTACT: Lori Ditoro Turntide Technologies 205-492-4256 lori.ditoro@turntide.com 

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SBA Launches Onshoring Portal to Advance America’s Economic Comeback https://thegbm.com/sba-launches-onshoring-portal-to-advance-americas-economic-comeback/ https://thegbm.com/sba-launches-onshoring-portal-to-advance-americas-economic-comeback/#respond Tue, 20 May 2025 18:23:00 +0000 https://thegbm.com/sba-launches-onshoring-portal-to-advance-americas-economic-comeback New Tool Connects Small Businesses to Network of more than 1 Million Domestic Suppliers

WASHINGTON, May 20, 2025 (GLOBE NEWSWIRE) — Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), announced the launch of the Make Onshoring Great Again Portal, a free tool designed to help small businesses identify U.S. manufacturers and producers. With a database of more than 1 million American suppliers, the searchable portal will empower job creators to source domestic suppliers to support their operations – which will in turn support American jobs, reconnect our supply chain with U.S-based production, and end our nation’s concentrated dependence on foreign suppliers and adversaries like the Chinese Communist Party.

“The SBA is proud to support President Donald J. Trump’s mission to restore America’s economic resurgence by empowering small businesses with the resources to supercharge the return of Made in America,” said SBA Administrator Kelly Loeffler. “The Make Onshoring Great Again Portal will give job creators a direct line to more than one million domestic suppliers – replacing foreign dependence with access to American-made solutions. It’s a decisive step toward rebuilding our nation’s strength through stronger supply chains, better products, and a renewed commitment to American industry, small business, and workers.”

The SBA is working with several private-sector cosponsors to provide public access to three free databases representing more than 1 million U.S. based manufacturers, producers, and suppliers. Not only will the portal enable small businesses to support American industry and workers – it will also benefit job creators by helping them source domestic supply chains that will deliver shortened lead times, improved quality control, and reduced exposure to overseas disruptions.

The Made in America Onshoring Portal builds on the SBA’s ongoing commitment to revitalizing American industry. Earlier this year, the agency launched the Made in America Manufacturing Initiative, which is aimed at expanding access to capital for U.S. manufacturers, promoting a skilled workforce, and cutting $100 billion in red tape. The agency has also endorsed recent bipartisan, bicameral legislation to double the SBA loan cap for small manufacturers in the effort to supercharge the return of American manufacturing dominance.

For more information, please visit the Make Onshoring Great Again Portal at: www.sba.gov/priorities/american-manufacturers/make-onshoring-great-again-portal

# # #

About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

CONTACT: SBA HQ Press Team U.S. Small Business Administration press_office@sba.gov 

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Rainbow Realty Group Completes $6 Million Senior Loan on Connecticut Cultivation Facility https://thegbm.com/rainbow-realty-group-completes-6-million-senior-loan-on-connecticut-cultivation-facility/ https://thegbm.com/rainbow-realty-group-completes-6-million-senior-loan-on-connecticut-cultivation-facility/#respond Tue, 20 May 2025 18:02:00 +0000 https://thegbm.com/rainbow-realty-group-completes-6-million-senior-loan-on-connecticut-cultivation-facility NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) — Rainbow Realty Group IV, LLC (“Rainbow”), in collaboration with Rainbow Realty Group II, LLC, and MJ Real Estate Investment Trust, announced the closing of a $6,000,000 senior mortgage secured by an industrial building in Stratford, Connecticut (the “Property”).

The 40,476 SF building sits on 3.82 acres and is currently undergoing a renovation into a state-of-the-art cultivation facility to service the growing Connecticut cannabis market. The borrower purchased the property in October 2023 and currently operates four retail dispensaries in the state, with two more slated to come online by year end.  

Ben Bolanos, Rainbow’s Chief Operating Officer, remarked: “We’re thrilled to close our first deal in Connecticut alongside a world-class operator that’s poised to deliver some of the finest cannabis products in the state. Stratford is the perfect central location to service the state, with its easy access to I-95.”

Connecticut’s tightly regulated, limited-license framework provides exposure to a rare and strategic foothold in one of the Northeast’s most high-potential emerging markets. The vertically integrated operator will house its cultivation and processing licenses at the Property, with plans to invest over $30 million into the project. 

Rainbow continues to expand its footprint in strategic markets across the U.S., leveraging its expertise in real estate financing and investment to capitalize on emerging opportunities in the cannabis sector.

About Rainbow Realty Group
Rainbow Realty Group and its affiliates have deployed $160 million in real estate backed transactions in the United States. Rainbow offers sale-leaseback and mortgage financing solutions for the U.S. cannabis industry. Rainbow’s portfolio consists of 58 properties across 10 states. Rainbow’s parent company, Gould Investors L.P., has successfully invested in the real estate industry for 63 years. Gould is a significant shareholder of BRT Apartments and One Liberty Properties. For additional information, please visit https://rainbowrg.com/.

About MJ REIT
MJ REIT is a hybrid real estate investment trust that seeks to provide investors with stability and above-market returns derived mainly through monthly income. Rainbow Realty Group is the sub advisor for MJ REIT. The Fund has a thematic emphasis on state-legal cannabis markets, focusing on industrial and retail commercial real estate, with exposure to 28 properties across eight states. For more information, please visit https://mj-reit.com/.

Press contacts:
Tyler Gilliam
tyler@rainbowrg.com

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