( MENAFN - Investor Brand Network) GPS tracking technology developer SuperCom Ltd. (NASDAQ: SPCB) is gaining attention for its improving profitability amid the company's heightened focus on court and police client electronic monitoring (“EM”). The company's superior EM solutions allow dependable supervision of qualifying offenders while freeing them from expensive physical custody. Simply Wall St noted in a recent article on SuperCom's financial performance that the company's Return On Capital Employed (“ROCE”), a metric evaluating how much pre-tax income a company earns on capital invested in its business, shows that SuperCom has already moved into positive territory for its earnings on its capital. “Interestingly, the capital employed by the business has remained relatively flat, so these higher returns are either from prior investments paying off or increased efficiencies,” the article states, while also acknowledging that the company's current liabilities have decreased in relation to its total assets as evidence of fundamental improvements ( ). “Our gross profit margin improved dramatically to 50.1% from 37.7% in the prior year period,” SuperCom President and CEO Ordan Trabelsi stated in the company's report on Q3 finances last month ( ).“Looking ahead, we remain focused on executing our strategy by delivering cutting-edge solutions, deepening relationships with existing clients, and entering new markets.” The company has put effort into optimizing its cash use for greater efficiency in employing its capital, while boosting sales in North America and Europe. SuperCom offers a unique all-in-one field-proven RFID & GPS tracking technologies product suite known as PureSecurity, tailored to the public safety sector. The platform is enhanced by monitoring services that complement the technology and are adapted for domestic violence prevention, EM supervision of people on probation or house arrest, and other security needs. Its technology provides improvements over legacy ankle monitor products with solutions designed to be worn discreetly with long battery life so that they don't continually require a recharge. They also provide the potential for EM tracking on a three-dimensional plane, which is useful in metropolitan areas where residences and business offices may occupy elevated facilities within a building, and tracking movements between multiple floors is desirable rather than simply following someone on a two-dimensional map. “Some people, especially in Manhattan, live in a certain area, so you want to make sure they're actually in the building and in their home, not just in the building,” Trabelsi said in an interview earlier this year with the Your Advantage Play podcast ( ).“If someone's a sex-offender and they need to stay in their house, and there is a huge building with thousands of people, it doesn't help just to track that they're in the building.” SuperCom's base of operations in Israel draws on the education and mindset inherent among the nation's residents in defensive technologies, giving the company an added advantage in the EM security sector. For more information, visit the company's website at . NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company's newsroom at About TechMediaWire TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers : (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries ; (2) article and editorial syndication to 5,000+ outlets ; (3) enhanced press release enhancement to ensure maximum impact ; (4) social media distribution via IBN to millions of social media followers ; and (5) a full array of tailored corporate communications solutions . 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According to a CNBC report , Walmart, Inc. WMT started providing body cameras to some of its store-level employees across the U.S. as part of a pilot program testing the technology. The Details: Shoppers have noticed Walmart associates wearing bodycams and signs posted at some store entrances warning shoppers that the store has "body-worn cameras in-use," according to photos posted online. A Walmart employee in Denton, Texas, was seen wearing a bodycam while checking receipts near the store's exit, according to a shopper who shared a photo with CNBC. Read Next: Nike Needs A Turnaround After Q2 Results Are Released This Week: Will New CEO ‘Just Do It?’ It is unclear how many Walmart stores and employees are part of the bodycam pilot program, though the company said it is currently testing the tool in one market. "While we don't talk about the specifics of our security measures, we are always looking at new and innovative technology used across the retail industry," a Walmart spokesperson told CNBC. "This is a pilot we are testing in one market, and we will evaluate the results before making any longer-term decisions," the spokesperson added. Other retailers have started using body cameras for theft prevention, but sources told CNBC that Walmart intends to use the devices for worker safety purposes. TJX Companies, Inc. TJX said earlier this year that it started using body cameras in its stores, which include TJ Maxx, Marshall's and HomeGoods. TJX Chief Financial Officer John Joseph Kilinger said on the company's first-quarter earnings call that the body cameras were an effective loss prevention tool. "One of the things that we've added — we started to do last year, late towards the year, wear body cameras on our [loss prevention] associates," said Klinger. "When somebody comes in, it's sort of — it's almost like a deescalation where people are less likely to do something when they're being videotaped. So we definitely feel that that's playing a role also," added Klinger. A TJX spokesperson told CNBC that employees who wear body cameras have gone through training on how to use them properly and footage is shared upon request by law enforcement or in response to a subpoena. "Body cameras are just one of the many ways that we work to support a safe store environment. This includes a variety of policies, trainings and procedures," the spokesperson said. "We hope that these body cameras will help us de-escalate incidents, deter crime and demonstrate to our Associates and customers that we take safety in our stores seriously." Read Next: ‘Markets Have The Green Light To Rally’ After November’s ‘Yawner’ Inflation Report, Experts Say Photo: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.NoneIf You Invested $1,000 In Ethereum When CryptoPunks Were Released, Here's How Much You'd Have Now

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AP Business SummaryBrief at 5:55 p.m. ESTAdrian Butler Elected to PRA Group Board of DirectorsDemocrats strike deal to get more Biden judges confirmed before Congress adjournsNOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- HEALWELL AI Inc. (“ HEALWELL ” or the “ Company ”) (TSX: AIDX) (OTCQX:HWAIF), a data science and AI company focused on preventative care, is pleased to announce that it has entered into an amended agreement pursuant to which Eight Capital and Scotiabank, as lead underwriters and joint bookrunners, together with a syndicate of underwriters (collectively, the “ Underwriters ”), will purchase, by way of a private placement on a “bought deal” basis (i) 12,500,000 subscription receipts of the Company (the “ Subscription Receipts ”),at a price of $2.00 per Subscription Receipt (the “ Subscription Receipt Issue Price ”); and (ii) 31,250 convertible debentures of the Company (the “ Convertible Debentures ”) at a price per Convertible Debenture of $960, for aggregate gross proceeds of $55,000,000. Each Subscription Receipt will entitle the holder thereof to receive, upon satisfaction of the Release Conditions (as defined below), for no additional consideration, one unit of the Company consisting of one Class A Subordinate Voting Share (each, a “ Share ”) and one-half of one Share purchase warrant, with each whole warrant exercisable at a price of $2.50 for a period of 36 months following the closing of the Offering. The gross proceeds of the Subscription Receipt portion of the Offering, less 50% of the Underwriters’ cash commission and certain expenses of the Underwriters, will be deposited in escrow on closing of the Offering until the satisfaction of certain release conditions, including that all conditions precedent to the Transaction (as defined below) have been met (the “ Release Conditions ”). In the event that the Release Conditions have not been satisfied prior to 5:00 p.m. (Vancouver Time) on June 30, 2025, or the Company advises the Underwriters or announces to the public that it does not intend to satisfy the Release Conditions or that the Transaction has been terminated, the aggregate issue price of the Subscription Receipts (plus any interest earned thereon) shall be returned to the applicable holders of the Subscription Receipts, and such Subscription Receipts shall be automatically cancelled and be of no further force and effect. The Convertible Debentures will be issued with a 4% original issue discount and will be convertible into Shares at a price of $2.40 per Share. The Company may force the conversion of all of the principal amount of the then outstanding Convertible Debentures at a price of $2.40 per Share on not less than 30 days’ notice should, at any time following the date that is 4 months and 1 day following the issue date, the daily volume weighted average trading price of the Shares be greater than $3.85 for any 10 consecutive trading days. The Convertible Debentures will bear interest at the rate of 10% per annum, payable semi-annually in arrears on June 30 and December 31 of each year, beginning on June 30, 2025. The Convertible Debentures will mature on December 31, 2029, unless earlier repurchased, redeemed, or converted in accordance with their terms. The Convertible Debentures will not be redeemable at the Company’s option prior to December 31, 2027. On or after January 1, 2028, the Convertible Debentures will be redeemable at the Company’s option, in whole or in part, at a price equal to 110% of the principal amount of the Convertible Debentures to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. The Company has granted the Underwriters an option to offer for sale up to an additional 15% of the Subscription Receipts, exercisable in whole or in part at any time for a period of up to 48 hours prior to the closing date. The Company intends to use the net proceeds of the Offering to partially fund the cash portion of the purchase price for the Company’s acquisition of Orion Health Holdings Limited (the “ Transaction ”), as described in greater detail in the Company’s press release dated December 16, 2024. Completion of the Offering will be subject to various conditions, including the approval of the Toronto Stock Exchange. As the number of Shares to be issued in the Transaction and the Offering will exceed 25% of the number of HEALWELL’s current issued and outstanding Shares, HEALWELL is required to obtain shareholder approval from shareholders holding at least a majority of the voting power of the Company. Closing of the Offering is expected to occur on or about January 7, 2025. Dr. Alexander Dobranowski Chief Executive Officer HEALWELL AI Inc. About HEALWELL HEALWELL is a healthcare artificial intelligence company focused preventative care. Its mission is to improve healthcare and save lives through early identification and detection of disease. Using its own proprietary technology, the Company is developing and commercializing advanced clinical decision support systems that can help healthcare providers detect rare and chronic diseases, improve efficiency of their practice and ultimately help improve patient health outcomes. HEALWELL is executing a strategy centered around developing and acquiring technology and clinical sciences capabilities that complement the Company’s road map. HEALWELL is publicly traded on the Toronto Stock Exchange under the symbol “AIDX” and on the OTC Exchange under the symbol “HWAIF”. To learn more about HEALWELL, please visit https://healwell.ai/ . About ORION HEALTH Orion Health is a global healthcare technology company focused on reimagining healthcare for all. Orion Health is leading the change in digital health with health and care organizations to improve the wellbeing of every individual with our world leading Unified Healthcare Platform. Made up of a Virtuoso digital front door, Amadeus digital care record, and Orchestral health intelligence platform - each underpinned by extensive health and social data sets, machine learning, and 30 years of innovation focused purely on improving global well-being. www.orionhealth.com. Forward Looking Statements Certain statements in this press release, constitute "forward-looking information" and "forward looking statements" (collectively, "forward looking statements") within the meaning of applicable Canadian securities laws and are based on assumptions, expectations, estimates and projections as of the date of this press release. Forward-looking statements in this press release include statements with respect to, among other things, the closing of the Transaction and the Offering and the terms on which each of them are expected to be completed. Forward-looking statements are often, but not always, identified by words or phrases such as “in the event”, “intends” or variations of such words and phrases or statements that certain future conditions, actions, events or results "will", "may", "could", "would", "should", "might" or "can" be taken, occur or be achieved, or the negative of any of these terms. Forward-looking statements are necessarily based upon management’s perceptions of historical trends, current conditions and expected future developments, as well as a number of specific factors and assumptions that, while considered reasonable by HEALWELL as of the date of such statements, are outside of HEALWELL's control and are inherently subject to significant business, economic and competitive uncertainties and contingencies which could result in the forward-looking statements ultimately being entirely or partially incorrect or untrue. Forward looking statements contained in this press release are based on various assumptions, including, but not limited to, the following: the parties’ ability to satisfy any conditions precedent to completion of the Transaction and the Offering, including receipt of all shareholder, regulatory and TSX approvals; HEALWELL’s ability to complete the Transaction and the Offering or to complete them on the terms described above; HEALWELL’s ability to access sources of debt and equity financing to complete the acquisition and the terms on which such financing may be provided; the stability of general economic and market conditions; HEALWELL's ability to comply with applicable laws and regulations; HEALWELL's continued compliance with third party intellectual property rights; and that the risk factors noted below, collectively, do not have a material impact on HEALWELL's business, operations, revenues and/or results. By their nature, forward-looking statements are subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. Known and unknown risk factors, many of which are beyond the control of HEALWELL, could cause the actual results of HEALWELL to differ materially from the results, performance, achievements, or developments expressed or implied by such forward-looking statements. Such risk factors include but are not limited to those factors which are discussed under the section entitled "Risk Factors" in HEALWELL's most recent annual information form dated April 1, 2024, which is available under HEALWELL's SEDAR+ profile at www.sedarplus.com. The risk factors are not intended to represent a complete list of the factors that could affect HEALWELL and the reader is cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements. There can be no assurance that forward looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. HEALWELL disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law. All of the forward-looking statements contained in this press release are qualified by these cautionary statements. For more information: Pardeep S. Sangha Investor Relations, HEALWELL AI Inc. Phone: 604-572-6392 ir@healwell.ai

China has reported significant progress in 2024 in the creation of a new line of “magnetic levitation trains” that will be able to reach a speed of 1,000 kilometers per hour. This figure is higher than that of a typical commercial airplane, which moves between 850 and 900 km/h. What is the method that will allow this public transportation to reach such speed? Do they have any exclusive knowledge that other countries are unaware of? PUBLICIDAD The magnetic levitation trains, known as maglev , that are currently in operation do not even reach 500 kilometers per hour. However, China, which already has the Shanghai train that reaches 460 km/h, aims to achieve "the incredible speed of 1,000 km/h". PUBLICIDAD That speed is not even considered in the projects of Japan or South Korea, as these two Asian countries are trying to reach 600 kilometers per hour, the same speed that the projects being developed in Europe and the United States are aiming for. How does China achieve the speed of this magnetic levitation train? The key to the incredible speed of the magnetic levitation train in China lies in its innovative integration of magnetic levitation technology with superconductors and the use of vacuum tubes. With this innovative technological system, the two main factors that limit speed in traditional maglev trains are minimized: air resistance and mechanical friction. This is achieved by installing a vacuum tube. The train travels within one of these systems, in which the air is almost completely removed. This significantly reduces aerodynamic resistance, which increases exponentially at high speeds. By eliminating this resistance, the train is able to reach much higher speeds while consuming less energy. The system uses high-power superconducting magnets that make the train "float" above the track without making physical contact. High Temperature Superconductors (HTS) technology not only provides stability but also allows for more efficient movement by eliminating friction between the train and the rails. The creators of this impressive work were researchers employed by the China Aerospace Science and Industry Corporation.

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