South Africa

AI-Media’s AI-Powered LEXI Captioning Tool Kit Raises the Bar

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AI-Media’s AI-Powered LEXI Captioning Tool Kit

A comprehensive collection of automated captioning solutions marks a new era in the industry, combining cutting-edge AI technologies to meet the integrated needs of content creators and distributors worldwide.

BROOKLYN, N.Y., Aug. 24, 2023 (GLOBE NEWSWIRE) — AI-Media, a leading provider of captioning technology and infrastructure, is proud to unveil its groundbreaking AI-Powered LEXI Captioning Tool Kit. This comprehensive collection of automated captioning solutions marks a new era in the industry, combining cutting-edge AI technologies to meet the integrated needs of content creators and distributors worldwide.

The AI-Powered LEXI Tool Kit addresses challenges faced by media companies, broadcasters, event producers, educational institutions, and other content producers in delivering cost-effective and accurate captions and subtitles for live and pre-recorded content that can be easily re-used in other customer applications.

“At AI-Media, we are committed to pushing the boundaries of captioning technology. Our LEXI Tool Kit is a result of years of research and development, and we are proud to offer a transformative solution that enhances the accessibility and inclusivity of media content,” said James Ward, Chief Sales Officer at AI-Media.

The Tool Kit is comprised of six key solutions each designed to address different captioning needs, enabling the consumer to mix and match key components to suit their business requirements. The solutions are compatible with our encoder series via the iCap Cloud Network creating the ultimate captioning ecosystem.

  1. LEXI Live Automatic Captioning: Delivering real-time captions with unparalleled accuracy, LEXI consistently achieves over 98% accuracy. Offering speaker identification and intelligent caption placement, LEXI Live Automatic Captioning is the cornerstone of the Tool Kit, offering captions rivalling that of human captioners – at a fraction of the cost.
  2. LEXI Recorded: Accelerating captioning for post-production content, LEXI Recorded seamlessly integrates into Media Asset Management Systems (MAM), ensuring fast turnaround times for caption file delivery. Users can caption in over 30 languages, choose from multiple file formats including SRT, VTT, and TXT, to fit their specific requirements; and make use of the API function and automation for a zero-touch solution.
  3. LEXI Translate: Breaking down language barriers, LEXI Translate allows users to effortlessly translate live captions and subtitles to and from over 50 languages with more added every month. Perfect for corporate meetings, global events, and broadcasts of multilingual content, LEXI Translates accuracy ensures that important nuances are effectively translated.
  4. LEXI DR (Disaster Recovery): Never go off the air with the ultimate failover solution. LEXI DR enables users to host their fully redundant iCap and LEXI servers, ensuring uninterrupted captioning in challenging situations like cloud-based outages or internet connectivity issues. No more missing captions due to internet outages!
  5. LEXI Local: LEXI Local delivers highly secure live, automatic captions, on-premises and off the cloud, meaning elevated security and greater control. LEXI Local is ideal for any organization such as corporations or Government agencies requiring increased security of their content.
  6. LEXI Library: LEXI Library archives your captioned content, making it easily searchable and accessible. With customizable permissions and Single Sign On, time-stamped live captions can be accessed securely in real-time or post-session, simplifying the process of transcribing, and distributing captioned sessions.

The Tool Kit presents a comprehensive solution to maximize the benefits of captioning and translation. Fully compatible with AI-Media’s best-in-class SDI and IP caption encoders, the Tool Kit simplifies customer workflows by providing seamless interoperability.

For more information about the AI-Powered LEXI Captioning Tool Kit, visit www.ai-media.tv. To schedule a demo or to speak with a representative, please contact [email protected].

About AI-Media

Founded in Australia in 2003, technology company AI-Media is a global leader in live and recorded captioning, transcription, and translation solutions. The company helps the world’s leading broadcasters, enterprises, and government agencies ensure high accuracy, secure, and cost-effective captioning via its AI-powered LEXI captioning solution. LEXI captions are delivered to millions of screens worldwide via AI-Media’s range of captioning encoders and its iCap Cloud Network – the world’s largest, most secure caption delivery network. Globally, AI-Media delivers over 9 million minutes of live and recorded media monthly. AI-Media trades on the Australian Stock Exchange (ASX:AIM). For more information, please visit www.ai-media.tv.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4763888e-6d55-490f-8749-0a5a76363f46

Media Contact:
Fiona Habben
Senior Marketing Manager – Global
[email protected]

GlobeNewswire Distribution ID 8900527

Partnership Forged to Accelerate the Energy Transition: Hitachi Energy and Google Cloud Combine Energy and Digital Expertise to Advance Sustainability Initiatives

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First solution from partnership delivers comprehensive Energy Planning and Trading data. Advanced data analytics, generative AI drives faster, more complete view of energy information.

Zurich, Switzerland, Aug. 24, 2023 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader advancing a sustainable energy future for all, and Google Cloud have signed a strategic agreement to collaborate and co-create on multiple cloud software products and services designed to support the global energy transition. The first demonstration of the joint value of the relationship, Hitachi Energy’s Velocity Suite Power Prices, is now available on the Google Cloud Marketplace.

The launch of Velocity Suite Power Prices marks the first milestone in the Google Cloud and Hitachi Energy collaboration and signals how the organizations together will address growing market and customer needs for cloud-based solutions that drive the energy transition. Global developers, operators of renewable generation and battery energy storage systems (BESS), as well as traditional generators, traders, and energy market participants can use the data from Velocity Suite Power Prices to make better, faster decisions about energy projects and investments in North America.

Velocity Suite Power Prices, derived from Hitachi Energy’s industry-leading Velocity Suite application, is a new API-based application that gives global customers easy access to North American energy market intelligence. It informs, guides and accelerates planning and revenue analyses for transformative grid and renewable energy projects. The computing power of Google Cloud technology is instrumental in automating and consolidating the extensive dataset of Velocity Suite Power Prices.

Google Cloud and Hitachi Energy will continue to work together to address growing market and customer needs for cloud-based solutions for the energy transition. The collaboration will draw on Hitachi Energy’s Energy Portfolio Management (EPM) solutions combined with Google Cloud’s data analytics capabilities, artificial intelligence (AI)/machine learning (ML) services, and scalable and secure infrastructure, to develop and deploy new, innovative solutions for electric utilities and renewable energy producers. Continuing to offer Hitachi Energy’s solutions on the Google Cloud Marketplace is driven by a common goal in the energy industry to drive toward outcomes that increase revenue, capitalize on market opportunities, and reduce costs and risk.

“Data and analytics are at the center of the energy transition and play a critical role in the evolving grid,” said Massimo Danieli, Managing Director, Grid Automation for Hitachi Energy. “Our customers worldwide have asked for solutions that help them achieve sustainability goals and business outcomes at speed and scale. Delivering Velocity Suite Power Prices through our partnership with Google Cloud helps global customers accelerate decision making, optimize investments, and digitally transform their own businesses.”

“By delivering Velocity Suite Power Prices on Google Cloud, Hitachi Energy is enabling customers to deploy its platform on trusted, sustainable infrastructure and helping them better utilize massive amounts of data on their journeys to become more profitable and sustainable businesses,” said Roi Tavor, Managing Director at Google Cloud. “Sustainability is a driving factor behind many organizations’ digital transformations, and we’re proud to partner with Hitachi Energy to help global businesses operate responsibly and sustainably.”

Notes for Editors: 

About Hitachi Energy

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 40,000 people in 90 countries and generate business volumes of over $10 billion USD.

https://www.hitachienergy.com 

https://www.linkedin.com/company/hitachienergy

https://twitter.com/HitachiEnergy

About Hitachi, Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the business structure of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s consolidated revenues for fiscal year 2022 (ended March 31, 2023) totaled 10,881.1 billion yen, with 696 consolidated subsidiaries and approximately 320,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com. [AP1]

Media Contacts

Hitachi Energy

Jocelyn Chang

Global Head of Public Relations & Content Strategy

media.relations@hitachienergy.com

Google Cloud

[email protected]

Attachment

Jocelyn Chang
Hitachi Energy
media.relations@hitachienergy.com

GlobeNewswire Distribution ID 8900435

The Government of St Kitts and Nevis celebrates a year in office with key accomplishments

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Basseterre, Aug. 23, 2023 (GLOBE NEWSWIRE) — The Prime Minister of St Kitts and Nevis, Honourable Dr. Terrance Drew, addressed the nation recently on St Kitts and Nevis’ Labour Party’s (SKNLP) one-year anniversary and outlined some of the Party’s successes in that period.

After Honourable Dr. Drew consulted with experts during the pandemic, he made the bold decision to lift Covid-19 restrictions. This decision supported the survival of the tourism sector.

Honourable Dr. Drew, shared on social media his gratitude for the support the government received from local citizens and noted the country’s latest developments, he outlined SKNLP administration’s critical achievements from August 2022 to August 2023, which include:

Growth in the education sector

The government has significantly reduced student loan interest rates from nine per cent to five per cent at the Development Bank. And student loans received interest-free debt relief for the first time in a little over four years.

The government implemented a ‘Graduate Finance’ Project with ECD$15,000 credit for students with loans at the Development Bank and other banks. With an additional ECD$25,000 grant for students applying and studying relevant undergraduate or graduate programmes.

Sports and recreation 

St Kitts and Nevis Ministry of Sports, under the leadership of Samal Duggins, has launched numerous initiatives as part of the government’s achievements, such as:

  • Transforming Lambert’s playing field to be used to attract more citizens to partake in sports activities on the field.
  • Restoration project in the Warner Park Cricket Stadium to host international games and support the growing tourism sector in the country.

Economic growth 

Indigenous financial institutions in the country now provide zero down payment for mortgages, which makes it possible for homeowners to qualify to purchase their dream home on the twin island nation.

The government-subsidised Fuel Variation Charge (FVC), and the cost of fuel and electricity subsided to ECD$9 million per month.

The first Citizenship by Investment (CBI) dividends were paid out to CBI investors in December 2022 and in June 2023, indicating that the St Kitts and Nevis CBI Programme has shown strength in economic development.

During the first year of the new SKNLP administration in office, the government received the highest tax collection through inland revenue, despite no tax increases and new taxes. Small businesses in the country impacted by the COVID-19 pandemic received ECD$20,000 Small Business Loans from the Development Bank.

The government was able to reinstate its Gratuity payouts for retired Government Auxiliary Employees (CAE) with a minimum of 10 years of service.

Growth in the tourism sector 

The government increased the number of different airlines to the destination with Caribbean Airlines, InterCaribbean Airlines and JetBlue Airlines to the country’s airlift. The “Venture Deeper” tourism brand campaign was launched to diversify tourism initiatives.

Honourable Dr. Drew and his administration welcomed the world’s largest cruise liner, Wonder of the Seas, to its port. Additional, extended discounted value-added tax days to three times a year – in Easter, Summer and Christmas festive seasons. And duty-free import of food up to 400lbs, including a duty-free allowance of US$200 for travellers and non-commercial importers.

Changes in the country’s legislation

The Government of St Kitts and Nevis improved its good governance by implementing changes to laws being passed to support and protect the country’s diverse communities, which include:

  • A Domestic Violence Act to protect women, men and children who are exposed to and affected by domestic violence.
  • Alterations were made to the Eastern Caribbean Central Bank legislation, and the African Export-Import Bank (Afreximbank) Agreement Act was created for the country to access ECD$1.5 billion of capital to develop projects in electricity and energy, water and various other sectors.

Housing project launched 

The government commitment is to build 2,400 affordable hurricane-resilient smart homes in four years that will be built in four phases. Each phase will construct 600 homes, with features for each new homeowner to enjoy, including a water tank and a rooftop water heater in each home.

Growth in the healthcare sector 

Honourable Dr. Drew added that there are healthcare initiatives to provide essential healthcare to disadvantaged children through paying for emergency overseas medical care. This initiative saved over thirty sick children in the twin federation.

The above accomplishments were achieved by critical steps to preserve the economy and tourism sector. St Kitts and Nevis’ economy ricocheted in the last year with significant growth in the agriculture, financial services, and tourism sectors. As well as advancing the Citizenship by Investment (CBI) Programme, with new regulations to maintain competitiveness in the Caribbean and in the rest of the world.

The government placed emphasis on job creation and permanent employment opportunities for the country’s people, these subsequently boost the economy and significantly improve the livelihood of citizens.

The Government of St Kitts and Nevis’ vision is to evolve the country into a Sustainable Island State by focusing its governance on integrity, transparency, and accountability. Their commitment is to build a stronger country and empower its citizens.

Secretary of St Kitts and Nevis Citizenship by Investment Programme
Government of St. Kitts and Nevis
00-1-869-467-1474
[email protected]

GlobeNewswire Distribution ID 8899755

Guidepoint Celebrates 20 Years of Innovation

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Constantly finding new ways to give clients the context they need to navigate the abundance of information available today.

New York, NY, Aug. 23, 2023 (GLOBE NEWSWIRE) — This year, Guidepoint celebrates its 20th anniversary as a leading expert network and research enablement platform, offering solutions that allow clients to obtain essential knowledge to better inform their business decisions.

Since Guidepoint’s founding, the company has pursued its vision of making knowledge available to all by expanding to include 17 strategically located global offices, a network of 1.5 Million subject matter experts across all sectors, and a client list of more than 4,500 top organizations around the world.

In recent years, Guidepoint has expanded its product set to include Guidepoint Insights, offering access to more than 750 live events per month and a library of more than 23,000+ transcripts, and Guidepoint Qsight, an alternative data business focused on bespoke curation of market data in the MedTech, Therapeutics, and Aesthetics spaces.

“I’m proud of what Guidepoint has accomplished in the past 20 years, with the support of our dedicated employees, clients, and Advisors.” said Albert Sebag, CEO of Guidepoint. “While it’s important to celebrate our achievements, we’re already looking forward, positioning ourselves to expand our offerings and deliver on a promise of unparalleled expertise and ongoing innovation — offering knowledge solutions that can create a lasting impact for the firms we serve.”

As Guidepoint’s products have evolved, so has its focus. With an eye toward the future, the company is making significant investments in original content and technology, intent on serving the broader knowledge needs of its expanded roster of clients.

To learn more about Guidepoint, and the products and services they offer, visit their website at www.guidepoint.com.

About Guidepoint

Guidepoint is a research enablement platform designed to accelerate understanding and empower decision‑making through real-time access to data and hard-to-source knowledge. Backed by the world’s largest network of expertise, the company provides critical context and dimension on any topic, letting top companies and investors rapidly turn answers into action.

Mike Gold
Guidepoint
2123752984
[email protected]

GlobeNewswire Distribution ID 8899725

Conagen innovates novel natural-source retinol for cosmetic formulations

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Bedford, Mass., Aug. 22, 2023 (GLOBE NEWSWIRE) — Conagen, the bioplatform innovator and biomanufacturer, has developed a first-of-its-kind, natural-sourced class of sustainable retinol derivative ingredients through precision fermentation. This achievement in new retinol active ingredients reshapes beauty and personal care applications.

“Conagen is ready to commercialize these retinoid ingredients in 2024,” said VP of Flavors and Fragrances, Yisheng Wu, Ph.D. at Conagen. “Beauty and personal care brands seeking the newest technology in retinol formulation flexibility are encouraged to explore Conagen’s retinoid ingredients.”

Conagen’s retinoids derivatives are created by covalently binding retinoids with another cosmetic active ingredient into a single molecule. The retinol is produced with a 100% renewable carbon source through the precision fermentation process. Through the fusion of retinol and a second complementary ingredient, the technology offers consumers functionalities that extend beyond wrinkle reduction and anti-aging benefits.

“This new development empowers cosmetic formulators to create products that excel in both performance and innovation, aligning with the ever-evolving demands of today’s discerning consumers,” said Wu. “By providing enhanced stability, controlled release, and multifunctional capabilities, Conagen’s retinoid derivatives redefine the possibilities within the cosmetic industry.”

A notable feature of Conagen’s innovative retinoid variants is their adaptability. Depending on the selected partner for pipeline integration, these compounds introduce flexibility, enabling cosmetic formulators to incorporate a secondary function. This presents opportunities for inventive features that uniquely enhance cosmetic formulations.

Pushing the limits in creative beauty, Conagen’s primary achievement lies in the improved stability these retinoid derivatives provide. This enhanced stability enables cosmetic products to ensure a consistent and extended release of retinol, resulting in long-lasting effects on the skin. Traditional retinol is known to cause skin irritation, such as redness, dryness, and peeling. Conagen’s retinol ingredients aid in the formulation of low-irritation retinol products. These ingredients are compatible with other compounds, such as squalene, bakuchiol, and pomegranate extract, maximizing delivery and effectiveness while minimizing potential off-target effects.

According to Innova Market Insights, online consumer searches for retinol in beauty and personal care are rising. With approximately 1 million tags on Instagram and a growing trend, the demand for this anti-aging active ingredient continues to surge. Innova’s global report highlights consumers prioritizing anti-aging and anti-acne properties in skincare, followed by blemish reduction.

The success of this retinol innovation originates from the unique high-yield carotenoid platform led by Wu, who has worked on the project for years. This meticulously studied platform has yielded numerous widely utilized carotenoid compounds, including beta-carotene and astaxanthin. By introducing additional steps in the metabolic pathway, Conagen can make retinol at high efficiency. This same versatile platform holds the potential to generate various flavors, fragrances, and nutritional compounds derived from carotenoids, further underlining its significance.

“Conagen’s achievement underscores its steadfast commitment to pushing the boundaries of biotechnology and driving innovation,” said Wu. “As the cosmetic industry undergoes transformation toward clean and sustainable, Conagen remains at the forefront of transformative advancements, poised to contribute to a new era in cosmetic formulation.”

About Conagen

Conagen is a product-focused, synthetic biology R&D company with large-scale manufacturing capabilities. Our scientists and engineers use the latest synthetic biology tools to develop high-quality, sustainable, nature-based products by precision fermentation and enzymatic bioconversion. We focus on the bioproduction of high-value ingredients for food, nutrition, flavors and fragrances, beauty, personal care, pharmaceutical, and renewable materials industries. www.conagen.com

Attachments

Ana Capretz, Head of Public Relations and Communications
Conagen
+1-781-271-1588
[email protected]

GlobeNewswire Distribution ID 8898570

INVNT.ATOM™ Launches BZAR™ a Patent Pending, Interactive Platform Redefining Virtual Commerce, Immersive Engagement, and Community Building for Brands and Fans

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Singapore, Aug. 21, 2023 (GLOBE NEWSWIRE) — INVNT.ATOM™, the digital and Web3 innovation division of [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT™ introduces BZAR™, the GROUP’s patent-pending, self-funded, content-led digital platform, built exclusively for brands and fans. The now available-to-demo platform enables next-gen collaboration, connection, and co-creation with communities in the virtual world. With BZAR, brands can create custom and immersive experiences tailored precisely to their needs utilizing curated photorealistic environments, proactive immersive commerce, and Web3 integrated features to engage with their consumers, build communities, and drive new commercial opportunities.

“Built upon WebGL and WebGPU, our scalable platform features a comprehensive suite of tools that bring brand narratives to life in virtual worlds with features such as multiplayer interaction, real-time communication, and synchronized video streaming. With 29 unique patent claims, BZAR revolutionizes new and existing revenue streams for brands based on their specific strategic needs; while engaging their communities with always-on, custom-curated interactive experiences that amplify storytelling, deepen connections, boost loyalty, drive revenue and capture unparalleled engagement intelligence and data”, said Scott Cullather, President & CEO, [INVNT GROUP] and CEO, INVNT.ATOM.  “[INVNT GROUP] has always been at the forefront of creating compelling and impactful brandstories around the world and we see Web3 and our proprietary virtual platform, BZAR, as a critical component of any successful marketing strategy and the next great frontier of brandstory.”

Key features and Web3 integrations of the BZAR platform include:

  1. Expansive Environments: Real-time rendering (generated by AI) of interactive environments to minimize loading time without sacrificing graphics quality.
  2. Multiplayer Interactions: Communicate seamlessly in real-time with thousands of users to create a vibrant and continuous social atmosphere.
  3. NFT Ticketing: Issuers can offer consumers a secure and transparent way of issuing and managing data collection for their events, whilst recipients can take advantage of unique experiences.
  4. Cross-Platform: Accessible across desktop, tablet, mobile, VR, and mixed reality technologies for a seamless shopping experience across devices and platforms.
  5. Synchronized Video Streaming: Real-time, synchronized video streams on any 3D surface for a fully immersive multimedia experience.
  6. Avatar Creation and Customization: Users can personalize avatars to discover, play, and explore, as well as try on and shop digital products.
  7. Social Integration: Integrating social feeds and community invitations to foster community engagement. Text and voice chat, social media feeds, video calls, and private rooms for friends.
  8. Interactive Actions: Action buttons for users to trigger dynamic events within the 3D environment, enhancing exploration and discovery.
  9. Audio Triggers: Incorporating audio triggers, BZAR elevates sensory immersion, creating a dynamic and engaging sonic landscape.
  10. Marketplace: Connect your virtual commerce experience to your IRL footprint with a digital marketplace that also empowers your community to buy-and-sell.
  11. Mini-games and Private Rooms for Friends: Fostering new communities to amplify engagement, brands can integrate mini-games and private rooms for their fans to collaborate amongst each other through custom interactions, leaderboard integration, and emotes.

“BZAR was built for brands to seize on the possibilities enabled by this wave of emerging technologies. BZAR is a canvas for creativity and consumer connection, integrating new technologies such as AI-adapted mechanisms that can generate unimagined virtual worlds and environments,” said Laura Roberts, Managing Director, [INVNT GROUP] APAC.

Brands and organizations interested in discovering the possibilities of virtual commerce can request a demo here.

About BZAR™
BZAR is a patent pending, comprehensive virtual experience platform that integrates immersive storytelling into virtual worlds. BZAR provides the tools brands need to create unique, “always on ” immersive experiences that captivate and engage consumers beyond traditional digital channels. A beacon for brands to enter the metaverse through cutting edge technology, BZAR’s extensive suite of strategic partners include Livewire, AWS, BlockTrust, Polygon, Trident3, and more.  For more information on BZAR’s always-on immersive virtual world, visit: www.bzar.com.

About INVNT.ATOM™
INVNT.ATOM, part of [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT™, is an innovation and brand experience agency devoted to helping global brands chart a course, navigate, activate, and create new opportunities at the digital frontier of Web3. Headquartered in Singapore, the collective of strategists, marketers, creators, programmers, matchmakers, and thought leaders, turn strategies into stories and stories into experiences that engage communities on the global stage. For more information about INVNT.ATOM, visit: www.invntatom.com

About [INVNT GROUP]™
[INVNT GROUP] was established as an evolution of the founding global live brand storytelling agency INVNT. Led by President and CEO, Scott Cullather, [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT™ represents a portfolio of disciplines designed to help forward-thinking organizations innovate and impact audiences everywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; production studio & creative agency, HEVĒ; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM; creative multimedia experience studio, Hypnogram; and the original live brand storytelling agency, INVNT. For more information visit www.invntgroup.com.

Media Kit  (High-Res Imagery and Video)

Attachment

Paola Cracknell
INVNT.ATOM
+61 452 452 051
[email protected]

Jhonathan Mendez de Leon
[INVNT GROUP]
[email protected]

GlobeNewswire Distribution ID 8898426