Gorilla Technology Group Partners with Latin-American Security and Defense Solutions Provider Protactics
Partnership creates opportunities to further expand Gorilla’s global footprint to LATAM
LONDON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and security convergence, today announced its partnership with Protactics, a Colombian-based enterprise that specializes in integral solutions and technology for state-of-the-art security and defense equipment in Latin America.
The partnership, agreed upon in July 2023, will provide Protactics with rights to provide sales and support for Gorilla’s wide array of AI-based Video Analytics and Security Convergence solutions in certain Latin American markets, including Colombia, Mexico & Venezuela. Protactics will also purchase Gorilla’s solutions to provide customer demonstrations and training for their team of experts.
Bolstered with Gorilla’s unique and ground-breaking smart and safe city solutions, Protactics plans to expand further in the Region, with a wider focus on the greater Latin American market.
"The partnership is a resounding win for both Protactics and Gorilla. We believe this collaboration will expedite the adoption of AI & Cybersecurity solutions in Latin America,” said William Addison, Vice President, EMEA, Gorilla Technology. "With our shared values of providing superior technology to enhance safety and security, we are excited to drive innovation and create a lasting relationship with Protactics to positively impact Latin America's rapidly evolving technological landscape.”
COO of Protactics, Juan Arango, said, "We are confident that Protactics and Gorilla together are poised to redefine Security, Defense and Smart Cities, across Latin America. This strategic partnership underscores our steadfast dedication to pioneering solutions, unleashing the full potential of AI and Cybersecurity throughout the region, ushering in a safer and technologically advanced era."
"The partnership with Protatics emboldens our resolve to grow Gorilla further with our global expansion strategy,” said Jay Chandan, Chairman and CEO of Gorilla Technology. “This partnership gives us even further reach into markets with massive potential as they begin to digitalize and implement smart and safe city solutions. We have no doubt that by collaborating with our new partner, we will provide exceptional deployments across Latin America to create sustainable solutions that protect communities and boost economies.”
About Gorilla Technology Group Inc.
"Empowering Your Tomorrow"
Gorilla, headquartered in London U.K., is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. Gorilla provides a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education.
The Company’s vision is to empower a connected tomorrow through innovative and transformative technologies. Gorilla envisions a world where seamless connectivity transcends boundaries, enriching lives, industries, and societies.
Gorilla’s commitment is to lead the way in pioneering cutting-edge solutions that bridge gaps, foster collaboration and inspire progress. By relentlessly pushing the boundaries of technology, the Company aims to create an ecosystem where individuals, businesses and communities thrive in an era of digital empowerment.
Through continuous innovation, ethical practices and a steadfast dedication to quality, Gorilla strives to shape a future where every interaction, transaction, and experience is enhanced by the power of technology.
For more information go to Gorilla-Technology.com.
About Protactics
Headquartered in Bogota, Colombia, Protactics provides one-of-a-kind security and defense equipment. With product offerings in cybersecurity, smart law enforcement, non-invasive inspection systems, end-to-end encryption storage and data, contraband detection, and biometric fever screening, Protactics enables government agencies to enhance security and defense.
For more information go to protactics.com.co
Media Contact:
Jeff Fox
The Blueshirt Group for Gorilla
+1 (415) 828-8298
jeff@blueshirtgroup.com
Investor Relations Contacts:
Gary Dvorchak
The Blueshirt Group for Gorilla
+1 (323) 240-5796
gary@blueshirtgroup.com
Scott McCabe
The Blueshirt Group for Gorilla
+1 (917) 434-3275
scott@blueshirtgroup.com
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Technicolor Creative Studios: Business Update and First Half 2023 Financial Results2.10.2023 21:55:38 CEST | Press release
CORPORATE PRESS RELEASE Technicolor Creative StudiosBusiness Update and First Half 2023Financial Results PARIS (FRANCE), OCTOBER 2,2023 – Technicolor Creative Studios (Euronext Paris: TCHCS) (the “Company”) today provided business update and announced its first half 2023 financial results1. Acceleration of the transformation plan to drive the recovery of the business Impact of strikes in Hollywood andunfavourable macroeconomic environment led to reduction of activity withlower financial and operational performancefor thefirst half 2023Renewed confidence from majority shareholders and lenders with:An additional €30 million of new money injection to address liquidity needs A proposed tender offer (“offre publique d’achat simplifiée”)at a price of 1,63 euro per share, dividends included,to beinitiated by a large majority of shareholders and lenders (holding 94,82% of the capital) acting in concert in view of proceeding to a mandatory squeeze outto achieve delisting of Technicolor Creative
Meltwater launches new mChampion program in the Meltwater Customer Community2.10.2023 21:39:09 CEST | Press release
SAN FRANCISCO, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Meltwater, a leading global provider of social, media and consumer intelligence, today announces the launch of its new mChampions Community Rewards Program to enhance customer experience and provide career elevation and networking opportunities, in the Meltwater Customer Community. Meltwater’s Customer Community, mCommunity, is an online, self-service community for Meltwater customers to share knowledge, challenges, best practices and experiences to build skills and advance their careers in PR, Communications and Marketing. With over 7,000 members and several community-led discussion boards and groups established, mCommunity has created an environment where users can collaborate and succeed together. Today, through Meltwater’s customer-centric approach and commitment to fostering knowledge sharing through mCommunity, Meltwater has taken a significant leap forward with the introduction of the mChampions program – a rewards program exclusi
SKEL fjárfestingafélag hf.: Buy-back programme week 392.10.2023 20:04:24 CEST | Press release
In week 39 2023, SKEL fjárfestingafélag hf. purchased in total 7,350,000 own shares for total amount of 96,345,000 ISK as follows: DateTimePurchased sharesPricePurchase priceTotal own shares25.9.202309:35:00 500,000 13.30 6,650,000 27,118,518 25.9.202310:25:00 500,000 13.25 6,625,000 27,618,518 25.9.202314:49:00 500,000 13.30 6,650,000 28,118,518 25.9.202314:50:00 500,000 13.30 6.650.000 28,618,518 26.9.202309:53:00 500,000 13.40 6.700.000 29,118,518 26.9.202310:08:00 500,000 13.40 6.700.000 29,618,518 26.9.202312:49:00 500,000 13.25 6.625.000 30,118,518 26.9.202314:14:00 500,000 13.20 6.600.000 30,618,518 27.9.202310:04:00 500,000 12.90 6.450.000 31,118,518 27.9.202312:54:00 500,000 12.85 6.425.000 31,618,518 27.9.202314:21:00 450,000 12.85 5.782.500 32,068,518 27.9.202315:29:00 450,000 12.85 5.782.500 32,518,518 28.9.202310:01:00 450,000 12.90 5.805.000 32,968,518 28.9.202315:06:00 1,000,000 12.90 12.900.000 33,968,518 7,350,00096,345,00033,968,518 The execution of the buy-back progr
Nokia Corporation: Repurchase of own shares on 02.10.20232.10.2023 20:00:00 CEST | Press release
Nokia Corporation Stock Exchange Release 2 October 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 02.10.2023 Espoo, Finland – On 2 October 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL341,8703.53CEUX35,2183.53AQEU1,5003.53TQEX22,4123.56Total401,0003.53 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 5 April 2022 started on 2 January 2023
Iceland Seafood International hf: Completes auction of bills2.10.2023 19:06:52 CEST | Press release
Iceland Seafood International hf. has concluded an offering of 3-month bills in the new series ICESEA 24 0105. Total offers for bills in the auction amounted to ISK 1.560 million and offers were accepted for ISK 1.300 million, at a simple rate of 11.75%. The bills are scheduled to be admitted to trading on Nasdaq Iceland in the coming weeks.