Artificial Intelligence Set To Power The ‘Bank Of The Future’

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Artificial Intelligence Set To Power The ‘Bank Of The Future’

Artificial intelligence will deliver personalised experiences and reshape the world of banking as we know it, according to a new report from leading SaaS banking platform Mambu and Google Cloud. 

The ‘Bank of the Future’ whitepaper identifies ‘ubiquitous banking’ as the next frontier in the digital financial revolution, and reveals three building blocks that will enable the future of banking:

  1. Customer-centric strategy – products and services built around the customer for the customer, embedding AI technology to hyper-personalise the user experience

  2. Value-based AI use cases – applications anchored on business value (revenue growth, cost saving or risk reduction) and customer value (customer experience or time to market)

  3. Composable technology architecture – flexible, cloud-based core banking software that enables true “plug and play” functionality to respond to changing customer needs, market dynamics or technology trends

Driving this change is a combination of disruptive forces in the market. The report shows that the pandemic has increased consumer demand for always on, personalised digital and mobile-first financial services. Unlike 20 years ago, traditional banks are no longer the go-to for those looking to move or manage their money.

With better access to cloud services and increasing competition from a new wave of fintechs and non-traditional players, incumbent banks are under threat as consumers turn to neo banks and digital challengers in search of a better customer experience and utility-led services.

Eugene Danilkis, CEO at Mambu, said: “The report shows the world that banks were originally created to serve no longer exists. Historically built to last, today banks need to be built to change. If traditional players want to reposition themselves as lifestyle partners, in tune with the modern banking needs of their customers, then they must evolve rapidly – and without fear. 

“Key to this will be their embrace of AI technology which has broad ranging applications from fraud prevention and risk management to delivering personalised customer experiences and driving efficiencies through greater automation. But banks must act fast if they want to avoid getting left behind. Only by leveraging the capabilities of AI and cloud technologies will they be able to reimagine the customer experience and tap into new revenue streams in a competitive market.”

“As the financial services industry continues to digitally transform, there is an increased need for solutions that help businesses deliver personalized experiences to customers,” said Joachim Wuest, Director, Financial Services Industry, Google Cloud. “We look forward to partnering with groups like Mambu to bring AI-powered solutions to banking organizations as they move along their digital transformation journeys.”

The report points to changing regulation, such as the introduction of open banking and PSD2, as forces accelerating the disintermediation of traditional banking providers. With dedicated regulation now emerging for fintechs and digital banks in some jurisdictions, it’s a case of adapt or die for incumbent players.

But banks have one asset on their side – data. With around a billion credit card transactions every day, banks have access to one of the largest volumes of customer data of any industry. Using AI, banks can harness this information to unlock unparalleled insights and growth.

McKinsey estimates that AI technologies could deliver up to $1 trillion of additional value each year for the global banking industry, combining a deep understanding of customer needs with the composable cloud architecture to roll out hyper-personalised services at scale.

More than 80% of Cloud Gamers Subscribe to Services in China

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More than 80% of Cloud Gamers Subscribe to Services in China

Game streaming has been poised to revolutionize the gaming industry. By streaming games over networks, and invalidating the need for expensive hardware, game streaming services could potentially eliminate the concept of gaming generations by making any portable device a viable gaming machine.

Moreover, streaming games over the internet could affect gaming in the same way that Netflix has affected video. But to do this, there are unique challenges that must be addressed for it to reach mainstream appeal.

A new report from the Strategy Analytics’ User Experience Strategies (UXS) service, “Cloud Gaming: User Preference for Smartphones & Tablets,” surveyed consumers in the US, UK and China investigate user preferences for cloud-based gaming subscription services when using smartphones and tablets. Consumers in China play games on their smartphones and tablets more than any other region regardless of age or brand of smartphone; subscription rates are also much higher.

CommentedDiane O’Neill, Director UXIP and report author, “With cloud gaming, high-end PC games can run on tablets or computers without licensed operating systems (e.g. Windows). However, ensuring an acceptable quality of service is difficult; high bandwidth and low latency is critical, but with 5G, the mobile gaming experience will continue to improve. But there is a disconnect in other global regions. While frequency of play and subscriptions are both high in China, despite comparable daily rates in frequency of play in the US and UK, subscriptions in these regions are low – more than 60% of consumers in both the US and UK do not subscribe to any service compared to less than 20% of consumers in China.”

Continued O’Neill, “The two biggest issues for every cloud gaming service are 1) having the new releases most desired by gamers and 2) exclusivity to the newest and most desired games to differentiate themselves from the competition. Each of these factors will drive subscriptions. Service providers must provide more compelling content, experience and subscription structure to encourage consumers to subscribe and be retained; and this is particularly true of the current subscription rate in the US and UK.”

Added Kevin Nolan, VP, UXIP, “But, the cloud gaming industry is changing, especially with the introduction (e.g. Amazon Luna) or removal (e.g. Google Stadia) of branded offerings from providers. Stadia has been refocused into a technology platform for industry partners; its dependence now rests on consumers subscribing to games which license Google’s white-label version of Stadia. While cloud gaming is not a new industry, continued hindrances by technology and infrastructure limitations for the last 20 years suggests that there is more to be done to overcome the persistent challenges that can deliver an experience that is not only compelling, but also financially viable.”

5 Most Expensive Jordan Items Now Worth Close To $5M After Record Sale Worth $1.74M

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5 Most Expensive Jordan Items Now Worth Close To $5M After Record Sale Worth $1.74M

For many NBA fans, Michael Jordan remains the Greatest of All Time despite the emergence of elite talents such as Kobe Bryant, Lebron James and Kevin Durant since his retirement.

With this stature, MJ related memorabilia is one of the hottest niches in the collectables market. According to data presented by Wette.de, Michael Jordan’s game-worn Nike Air Ships from the 1984 season sold for $1.47M in Oct. 2021, making it the most expensive piece of MJ memorabilia ever sold. In addition, the five most expensive MJ items now have a combined value of $4.58M.

5 Most Expensive MJ Items Now Worth Close To $5M

Michael Jordan remains the GOAT among many basketball fans especially among those who were fans before the turn of the millennium. Jordan has himself eternalized his legacy with the success of the Jordan brand, making the sporting icon still one of the most recognizable names in all of sports. Michael Jordan memorabilia are thus, hot property in the collectables market. In Oct 2021, the most expensive MJ memorabilia sold for $1.47M – a pair of game-worn Nike “Air Ships” from the 1984 NBA season.

Before October’s record sale, MJ’s game-worn “University of North Carolina 1982-83 Jersey” held the title as most valuable Jordan memorabilia when it was purchased for $1.38M. The five most expensive Michael Jordan now also have a combined value of just under $5M.

The Shoe – Nike Air Ships 1984

The record-breaking Nike Air Ships are not only signed by the legend himself but is also credited as the first shoe of Michael Jordan’s professional basketball Career. Jordan was drafted in 1984 by the Chicago Bulls, and impressed immediately, winning the Rookie of the Year award for the 84-85 season. Jordan is also largely credited with ushering in the sneaker revolution, helping Nike beat out historic giants Converse to become the leading sporting brand globally today.

Rex Pascual, Sports editor at Wette.de, commented on Jordan’s impact:

“Michael Jordan will go down as one of the greatest, if not the greatest, basketball player to ever play the game. But Number 23’s impact on the game of basketball transcends far beyond the hardwood. The living legend is seen as the one player who arguably had the biggest impact on the game’s popularity that allowed it to reach the level we see today.”

MSIG Hong Kong chooses CoverGo to build & launch MediGo, a new end-to-end system for their medical insurance business

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HONG KONG SAR – Media OutReach – 28 October 2021 – MSIG Insurance (Hong Kong) Limited (“MSIG Hong Kong”), a member of the MS&AD Insurance Group, Asia’s leading general insurance brand and CoverGo, a leader in the field of insurance technology, are joining forces to streamline MSIG Hong Kong’s customer ecosystem. MSIG Hong Kong has adopted CoverGo’s unique no-code technology to build & launch MediGo, a new end-to-end system, designed to manage all aspects of their health insurance business. 

Nielsen’s 2021 African American Consumer Report Explores The Influence Of Black Culture On Content And Media Trends

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Nielsen’s 2021 African American Consumer Report Explores The Influence Of Black Culture On Content And Media Trends

Nielsen continues to dedicate itself to telling the story of the power of Black audiences, their diversity, and the representation of the collective Black community.

According to “Seeing and Believing: Meeting Black audience demand for representation that matters,” the newest report in Nielsen’s Diverse Intelligence Series, the U.S. Black population has a complex and powerful legacy that continues to shape countries and cultures around the world. Yet, when it comes to representation in media, the complexity that creates the richness of their experience is often lost, and when present, undervalued.

As Black Americans continue to video stream, listen to radio and podcasts, as well as buy Black, they continue to lead the conversation and stay connected through social media — having an unprecedented impact on brands and what consumers watch, purchase, and listen to.

“As the media industry looks to be more inclusive of Black storytellers and brands look to grow their bottom lines and brand awareness with Black audiences, understanding who we are, where we’re connected, and how we’re changing is as important as ever. All of this work translates to the important acknowledgment of the value the Black community delivers ‘for the culture’ and beyond,” says Charlene Polite Corley, VP, Diverse Insights & Partnerships, Nielsen.

Key findings from the report include:
Black America is taking control of both the economic and media influence they hold and they are using it to invest in Black experiences, Black communities, and Black content.

  • Two out of three Black viewers are more likely to watch representative content and buy from brands that advertise in representative content.
  • In 2020, Black Buying Power was at $1.57 Trillion.
  • In 2021, Black viewing power was at 1.06 Trillion.

The urgency to get representation right is real—it’s a primary factor for the massive viewing levels Black audiences deliver and the shift in Black viewing power to platforms most representative of their community and identity group. But getting representation right is increasingly nuanced.

  • According to the 2020 U.S. Census, 9% of America’s rural population is Black; 16% of Black people in the U.S. report speaking a language other than English at home; people identifying as “Black in combination with another race” increased 89% in the last decade; and Afro-Latinos are 8% of today’s U.S. Black population.
  • 58% of Black audiences say there’s still not enough representation of their identity group on screen.
  • Nearly a quarter of the reported genres in Gracenote Inclusion Analytics reported zero representation of Black talent in recurring lead roles.

The preference to connect with meaningful content extends to audio with traditional radio reaching 92% of the U.S. Black population each week, and this same group of listeners averaging over an hour and a half a week of streaming audio.

  • Traditional radio continues to prove the power of its reach providing the gossip, pandemic guidance, and breaking news that’s kept Black listeners connected this year, for over 21 million minutes a week.
  • Black listeners aren’t just streaming audio more than other audiences, they’re listening closely when brands reach out—averaging a 73% brand recall for podcast ads.
  • Social media’s omnipresence within Black people’s daily media routine continues as a source for nuanced content; digital influencers are an even more important touchpoint.
  • 51% of Black people 18+ spend daily time on TikTok and 29% spend daily time on Instagram than their counterparts.

Audience influence and advocacy are intertwined as Black creators and viewers across platforms unify to uproot exploitation within the media ecosystem and create a sense of urgency for social change.

  • 27% of credited writers were Black on the most representative broadcast and cable dramas for Black talent in the first quarter of 2021.
  • 70% of representation isn’t just for endemic networks: seven out of the 10 top dramas represented by Black talent aired on general audience networks.

In the era of personalization and inclusion in media, Black audiences worldwide are looking to see both their collective and distinct experiences represented.

  • Black America delivers over 1 trillion viewing minutes in a single quarter but is also twice as likely to feel portrayals of their identity group on T.V. are completely inaccurate.
  • Jamaica has a culture with global influence, including places like the U.K. and 20% of the foreign-born Black population in the U.S.
  • Nigeria is the most populous country in Africa, outsources global trends like Afrobeats and “Nollywood” films, and is considered home for 18% of foreign-born Black people in the U.S.

Businesses need to demonstrate their understanding of the diverse segments within the Black community.

  • Black men have a high on-screen presence in T.V. content with a 15.5% share of screen, but 44% of Black men feel that the content that portrayed their identity group on-screen was inaccurate.
  • While the number of advertisers spending in traditional media focused on reaching African Americans has been up 16% since last summer, Black men are increasingly engaged outside of these platforms to find the forums that offer nuanced representation, connection, and solace.
  • Black women are twice as likely compared to viewers overall to seek out content where they are seen on screen.
  • Embracing the impact of historically Black colleges and universities (HBCUs) is a strong example of when brands show they understand the nuances of the Black experiences. It is the opportunity to connect with diverse communities on personal, culturally relevant levels.

NCS acquires Eighty20 Solutions to accelerate Australian growth

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Investment to boost Cloud capabilities and create 500 new digital jobs

SINGAPORE and SYDNEY, AUSTRALIA – Media OutReach – 28 October 2021 – NCS will acquire a majority stake in Eighty20 Solutions (Eighty20), an Australian cloud transformation specialist, to continue scaling its market presence in Australia. One of the fastest growing IT companies in Australia[1], Eighty20 will further boost NCS’ NEXT capabilities to support Australian clients in their digital transformation journey with its end-to-end suite of solutions across cloud, business applications, workplace modernisation, and managed services.

 

Andre Conti, Head of NEXT Solutions, NCS Australia, said “Since starting our operations last December, we have expanded our presence in Australia with the launch of NCS NEXT Cloud Centre of Excellence and the recent acquisition of Riley, a cloud consultancy with dedicated expertise in Google cloud applications. The addition of Eighty20’s unique capabilities in digital, cloud and workplace transformation across Microsoft cloud platforms will complement our existing technology practices, allowing us to meet the needs of our clients with a ‘best-of-cloud’ service portfolio.”

 

Eighty20’s offerings across Microsoft cloud platforms, combined with Riley’s dedicated expertise in Google Cloud applications, adds to NCS’ NEXT’s cloud capabilities and comprehensive portfolio of cloud services in AWS, Google and Microsoft.  

 

A Microsoft Gold Partner, Eighty20 specialises in cloud transformation with a blue-chip client portfolio in the financial services, energy, government, healthcare, IT, manufacturing, and retail industries. Its clientele includes Woolworths, Suncorp, TPG, New South Wales Department of Education, and Boral.

Through its partnership with Microsoft, Eighty20 helps organisations:

  • Transition to cloud platforms to enable workplace collaboration and business scalability;
  • Implement and optimise modern cloud infrastructure centered on security requirements;
  • Modernise and integrate cloud applications with legacy technologies.

It brings with it a 120-strong team of experts across strategy, project delivery, technical execution, organisation change and adoption, as well as managed services. The investment in Eighty20 will further grow NCS’ headcount in Australia over the next few years. This is further bolstered by a Memorandum of Understanding signed in August with the State Government of Victoria, represented by Invest Victoria, as well as the Department of Treasury and Finance, to create 500 new digital jobs.

“This strategic partnership between Eighty20 and NCS illustrates our continued drive to provide best of breed digital transformation solutions to our clients and the market”, said John Kelly, Founder, Eighty20 Solutions. “It allows us to leverage the scale, technical depth, and geographic footprint of NCS, whilst continuing our mission to deliver tier-one consulting services with a boutique feel.”

 

Justin Rees, Founder, Eighty20 Solutions added, “NCS is at the forefront of digital innovation, and combined with their heritage in large scale transformations, particularly government, makes them the perfect partner for our next phase of growth.”

 

Eighty20 will continue to run independently under NCS with all employees continuing in their current roles within the companies. Founders, John Kelly and Justin Rees, will retain a significant minority stake and will retain their roles within the business. The completion of the transaction is subject to fulfilment of closing conditions.

 

About NCS

NCS is a leading technology services firm with presence in Asia Pacific and partners with governments and enterprises to advance communities through technology. Combining the experience and expertise of its 10,000-strong team across 49 specialisations, NCS provides differentiated and end-to-end technology services to clients with its NEXT capabilities in digital, cloud and platforms, as well as core offerings in application, infrastructure, engineering and cybersecurity. NCS also believes in building a strong partner ecosystem with leading technology players, research institutions and start-ups to support open innovation and co-creation. For more information, visit ncs.co.

#NCS

Hong Kong Wine & Dine Festival 2021 – ‘Travel by Palate’

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Exploring global dining experiences while staying local with about 300 selected restaurants with up to 30% off discount

HONG KONG SAR – Media OutReach – 28 October 2021 – Even your travel plan is still grounded, there is no way to stop you from exploring the world through your palate! From 1st to 30th of November, Travel by Palate, a citywide restaurants fanfare programme of the 2021 Hong Kong Wine & Dine Festival supported by the Hong Kong Tourism Board, will excel gastronomic experiences for foodies and wine lovers. We are inviting you for an expedition ‘Travel by Palate’ to explore global dining experiences by partnering with around 300 restaurants for a wide range of cuisine selections. To tame your wanderlust, there will be 22 types of world cuisines available for your selections – Vietnamese by Nhau, Japanese by Sushi Sakura, Nepalese by Nepal Nepalese Restaurant and Indian by Gaylord Indian Restaurant would be some of the best choices if you don’t want to ‘travel’ too far away from home and stay in Asia. To bring back the travel joy with friends, the Mediterranean cuisine by Opa Mediterranean Bar and Bistro and Australian by Elementary are not to be missed. If Europe has your heart, you are not going to miss our European cuisine selections, such as Dutch by Meat the Sea and Belgian by Belgos. Looking for an exotic travel adventure? Our choices on Mexican by 8Five2 Restobar, Fujianese by Putien, Argentina by La Pampa Argentinian Steak House, etc will suit your needs. With all type of cuisines for your choice, you are going to be spoiled by the city’s popular restaurants including EPURE, Piin Wine Restaurant, Silencio, Dalloyau, Gyu-Kaku, etc.

Why Your Website Is Pivotal In The Success Of Your Company

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Why Your Website Is Pivotal In The Success Of Your Company

In this day and age, the first point of contact with a business is usually their social media pages. However, companies sometimes make the mistake of holding off on their website while putting all the focus on their social media.

While these platforms are great for drawing the interest of potential consumers, your website has the power to turn them into clients. Consumers will likely scrutinize the design of your company site, but it’s the content that will do the talking. Before making an actual purchase, consumers will research a business and make sure that they are putting their money in the right place.

This research usually includes searching for your website and seeing what your business is about and what it’s capable of. With this said, it’s important to make sure that your website has all the necessary information.

Some of the things that consumers look for on a business website are your portfolio, previous clients, accomplishments, contact information and ease of navigation.

A website also allows your business to be accessible from anywhere in the world at any time. Consumers are able to get information about your business that is not always available on any other platform, such as your business address, previous clients, online shop, etc.

Your company website will set an impression on your consumers and can be a major factor when it comes to purchasing decisions. Without a good website, you are only targeting a certain percentage of your market and compromising the growth of your business. Your website reflects your level of professionalism and plays a big role in determining your brand image. With all of this said, it’s important to have experts assist you with you with creating an effective and user-friendly website.

Korean Crime Thriller Film, MIDNIGHT, Starring Spackman Media Group Artist Wi Ha-jun of SQUID GAME, Wins Best Feature Award At The 13th UK Grimmfest Film Festival

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  • MIDNIGHT, headlined by Spackman Media Group artist Wi Ha-jun of SQUID GAME, received the Best Feature Award at the 13th UK Grimmfest Film Festival
  • The Korean crime thriller film was released in Korea and online on 30 June 2021, and was streamed via Korean OTT platform TVING
  • Other than SQUID GAME and MIDNIGHT, Wi Ha-jun also starred in webtoon film SHARK: THE BEGINNING (2021) and GONJIAM: HAUNTED ASYLUM (2018) 

SINGAPORE –

The Company owns a 100% equity interest in Take Pictures Pte. Ltd. (“Take Pictures”) which produced STONE SKIPPING (2020) and THE BOX (2021), and shall release GUARDIAN (working title) in 2021 tentatively.


The Company owns a 100% equity interest in Greenlight Content Limited (“Greenlight Content”) which is mainly involved in the business of investing into dramas and movies, as well as providing consulting services for the production of Korean content. Through the acquisition of Greenlight Content, the Group’s first co-produced drama, MY SECRET TERRIUS, starring top Korean star, So Ji Sub, achieved #1 in drama viewership ratings for its time slot and recorded double digits for its highest viewership ratings. Greenlight Content was one of the main investors of MY SECRET TERRIUS.


The Company owns a 20% equity interest in The Makers Studio Co. Ltd., which plans to produce and release four upcoming films, the first of which will be THE ISLAND OF THE GHOST’S WAIL, a comedy horror film.

Our films are theatrically distributed and released in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including online streaming, cable TV, broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. We release all of our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.

Talent Representation

The Company holds an effective shareholding interest of 43.88% in Spackman Media Group Limited (“SMGL”). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively one of the largest entertainment talent agencies in Korea in terms of the number of artists under management, including some of the top names in the Korean entertainment industry. SMGL operates its talent management business through renowned agencies such as MSteam Entertainment Co., Ltd. (Son Ye-jin, Lee Min-jung, Ko Sung-hee), UAA&CO Inc. (Song Hye-kyo, Yoo Ah-in, Park Hyung-sik), Fiftyone K Inc. (So Ji Sub, Ok Taec-yeon), SBD Entertainment Inc. (Son Suk-ku), and Kook Entertainment Co., Ltd. Through these full-service talent agencies in Korea, SMGL represents and guides the professional careers of a leading roster of award-winning actors/actresses in the practice areas of motion pictures, television, commercial endorsements, and branded entertainment. SMGL leverages its unparalleled portfolio of artists as a platform to develop, produce, finance and own the highest quality of entertainment content projects, including theatrical motion pictures, variety shows and TV dramas. This platform also creates and derives opportunities for SMGL to make strategic investments in development stage businesses that can collaborate with SMGL artists. SMGL is an associated company of the Company.

The Company owns a 100% equity interest in Constellation Agency Pte. Ltd. (“Constellation Agency”). Constellation Agency, which owns The P Factory Co., Ltd. (“The P Factory”) and Platform Media Group Co., Ltd. (“PMG”), is primarily involved in the business of overseas agency for Korean artists venturing into the overseas market. The P Factory is an innovative marketing solutions provider specializing in event and branded content production. PMG is a talent management agency which represents and manages the careers of major artists in film, television, commercial endorsements and branded entertainment.

Strategic Businesses

The Company owns a 100% equity interest in Frame Pictures Co., Ltd. (“Frame Pictures”). Frame Pictures is a leader in the movie/drama equipment leasing business in Korea. Established in 2014, Frame Pictures has worked with over 25 top

directors and provided the camera and lighting equipment some of Korea’s most notable drama and movie projects including ITAEWON CLASS (2020), HOW TO BUY A FRIEND (2020), KIM JI-YOUNG, BORN 1982 (2019), FOUR MEN (2019) and ASADAL CHRONICLES (2019).

We also operate a café-lounge called Upper West, in the Gangnam district of Seoul and own a professional photography studio, noon pictures Co., Ltd.

For more details, do visit http://www.spackmanentertainmentgroup.com/

#SpackmanEntertainmentGroup

Purchase Arlo In Brand-New Online Store kaira.arlostore.sg

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Enjoy free shipping within Singapore

SINGAPORE – Media OutReach – 28 October 2021 – Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced its products will officially be available through the Arlo Flagship Online Store run by premium reseller Kaira Global in Singapore. This is the latest addition to Arlo’s extensive range of home security cameras, smart doorbells and accessories being offered on major e-commerce retailing platforms, which includes Lazada, Shopee, Hatchi.tech, Harvey Norman and Best Denki.

 

The pandemic has seen significant changes to the way people shop, resulting in the rising adoption of e-commerce in Singapore, and a change in consumer behaviour. To provide customers with more options, flexibility and convenience in their shopping experience, Arlo has been actively leveraging online platforms to deliver greater accessibility to its products. The Kaira’s Arlo Flagship Online Store is the latest platform to help fulfill this goal.

 

The store is aiming to provide Arlo customers with the ultimate online shopping experience, with the release of new arrivals, seasonal promotions, weekly deals, along with thoughtful product and accessory bundles. Everything customer’s need to protect and connect with loved ones for total peace of mind. Arlo premium reseller Kaira Global, also offers live online chat to help with customer inquiries, while providing technical support for installation and troubleshooting guidance.

 

Customers can easily purchase recently released Arlo smart home security products such as Arlo Pro 4 Spotlight Camera, Ultra 2 Spotlight Wireless Security Camera, Essential Indoor Security Camera and Essential Video Doorbell Wire-Free through Kaira’s Arlo Flagship Online Store, while enjoying free shipping to anywhere within Singapore. Visit the Arlo Flagship Online Store for more details.

 

For more information on the full range of Arlo smart home security products and services, visit www.arlo.com/asia.

 

About Arlo Technologies, Inc.

Arlo is the award-winning, industry leader that is transforming the way people experience the connected lifestyle. Arlo’s deep expertise in product design, wireless connectivity, cloud infrastructure and cutting-edge AI capabilities focuses on delivering a seamless, smart home experience for Arlo users that is easy to setup and interact with every day. The company’s cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a mobile connection. To date, Arlo has launched several categories of award-winning smart connected devices, including wire-free smart Wi-Fi and 4G-enabled security cameras, audio and video doorbells, and floodlight.

With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to supporting industry standards for data protection designed to keep users’ personal information private and in their control. Arlo doesn’t monetise personal data, provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The words “anticipate,” “expect,” “believe,” “will,” “may,” “should,” “estimate,” “project,” “outlook,” “forecast” or other similar words are used to identify such forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. The forward-looking statements represent Arlo Technologies, Inc.’s expectations or beliefs concerning future events based on information available at the time such statements were made and include statements regarding Arlo Essential Indoor Camera, Arlo Smart and future Arlo products. These statements are based on management’s current expectations and are subject to certain risks and uncertainties, including the following: future demand for the Company’s products may be lower than anticipated; consumers may choose not to adopt the Company’s new product offerings or adopt competing products; and product performance may be adversely affected by real world operating conditions. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Further information on potential risk factors that could affect Arlo and its business are detailed in the Company’s periodic filings with the Securities and Exchange Commission, including, but not limited to, those risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. Given these circumstances, you should not place undue reliance on these forward-looking statements. Arlo undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

#Arlo

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