KUALA LUMPUR, Oct 29 (Bernama) -- More than 150 investors, corporate leaders, policymakers and innovators met European deep-tech companies at the European Innovation Night in Singapore on Oct 28, an event aimed at building business and investment partnerships between Europe and Singapore.
According to the European Innovation Council (EIC) in a statement, Singapore is the second-largest source of investment in EIC-backed companies outside Europe, after the United States.
“Singapore is a strategic partner for the EIC, with strong investment ties to our portfolio and shared ambitions for innovation, competitiveness and sustainable growth,” said EIC Head of Department, Stéphane Ouaki.
More than 60 European start-ups and scale-ups attended, including 12 backed by the EIC, and are meeting Singaporean investors and corporates to explore partnerships, co-development, supply chain integration and investment, throughout the week.
National Research Foundation Singapore Chairman, Heng Swee Keat said Singapore serves as a trusted hub for companies to test, validate and scale new solutions in Asia and beyond, complementing Europe’s scientific and engineering strengths.
EIC-backed scale-ups have raised 15.5 billion euros to date, with more than 1,000 investors co-investing alongside the EIC. The portfolio has produced 12 unicorns, and 2025 was its most active year, with over 500 million euros invested across 130-plus transactions. (1 Euro = RM4.54)
The event was co-organised by the EIC, the European Union (EU) Delegation to Singapore and the Eureka which brought a delegation of 35 companies from 16 countries. It was held at the Asian Civilisations Museum during the Singapore International Energy Week and SWITCH, the Singapore Week of Innovation and Technology.
-- BERNAMA
Thursday, 29 October 2026
NORTH ATLANTIC FRANCE RAISES TENDER OFFER PRICE TO 75 EUROS
KUALA LUMPUR, Oct 29 (Bernama) -- North Atlantic France has raised the price of its mandatory tender offer for the shares of North Atlantic Energies it does not already own to 75 euros per share. (1 Euro = RM4.54)
The company said in a statement that the increase followed in-depth discussions with the independent expert, Ledouble SAS.
On Nov 28, 2025, North Atlantic France completed its acquisition of 82.89 per cent of the share capital and voting rights of Esso S.A.F., since renamed North Atlantic Energies, at 26.19 euros per share. It had initially set the offer price at 28.93 euros per share.
The company also reaffirmed its June 8, 2026, statement that it would not seek a squeeze-out procedure, under which remaining minority shareholders would be compelled to sell their shares as part of the offer.
The offer, made under the simplified procedure, will be filed with France’s financial markets regulator, the Autorité des marchés financiers (AMF), in November 2026.
The offer documentation, including the independent expert’s fairness opinion on the financial terms, will be submitted to the AMF for review, and the offer will open once the regulator has issued its compliance decision.
-- BERNAMA
The company said in a statement that the increase followed in-depth discussions with the independent expert, Ledouble SAS.
On Nov 28, 2025, North Atlantic France completed its acquisition of 82.89 per cent of the share capital and voting rights of Esso S.A.F., since renamed North Atlantic Energies, at 26.19 euros per share. It had initially set the offer price at 28.93 euros per share.
The company also reaffirmed its June 8, 2026, statement that it would not seek a squeeze-out procedure, under which remaining minority shareholders would be compelled to sell their shares as part of the offer.
The offer, made under the simplified procedure, will be filed with France’s financial markets regulator, the Autorité des marchés financiers (AMF), in November 2026.
The offer documentation, including the independent expert’s fairness opinion on the financial terms, will be submitted to the AMF for review, and the offer will open once the regulator has issued its compliance decision.
-- BERNAMA
YYFORCE TARGETS US$20 MLN MALAYSIAN REVENUE IN FY2027
KUALA LUMPUR, Oct 29 (Bernama) -- YYForce Inc (YYForce) is targeting US$20 million in revenue from its Malaysian operations in its 2027 financial year (FY2027), after signing new hospitality contracts and expanding its service robot deployments in the country. (US$1 = RM4.07)
The target would double management’s expected Malaysian revenue of about US$10 million for FY2026, YYForce said in a statement.
Its Malaysian subsidiary has signed service agreements with international hotel operators, supporting YYForce’s strategy of combining workforce services with facility automation.
YYForce said the FY2027 figure is a management target rather than revenue already secured under signed contracts, and that achieving it will depend on factors including contract implementation, customer retention and the availability of staff, equipment and working capital. The FY2026 figure is based on current expectations rather than completed full-year results.
“We are targeting US$20 million in Malaysian revenue for FY2027, with close attention to delivery costs, working capital and contract profitability.
“Alongside our operations in other markets, we believe this expansion can support the group’s progress toward sustainable profitability and long-term shareholder value,” said YYForce Chief Executive Officer, Mike Fu.
In Malaysia, the company combines flexible staffing with service robots for cleaning, internal logistics and guest-service support at hotels and other facilities, and plans to expand maintenance and operational support services.
Malaysia is part of YYForce’s wider expansion across Singapore, Hong Kong, Thailand, Dubai and Egypt. The company said it aims to achieve sustainable group-wide profitability but has not set a date for reaching consolidated net profit.
-- BERNAMA
The target would double management’s expected Malaysian revenue of about US$10 million for FY2026, YYForce said in a statement.
Its Malaysian subsidiary has signed service agreements with international hotel operators, supporting YYForce’s strategy of combining workforce services with facility automation.
YYForce said the FY2027 figure is a management target rather than revenue already secured under signed contracts, and that achieving it will depend on factors including contract implementation, customer retention and the availability of staff, equipment and working capital. The FY2026 figure is based on current expectations rather than completed full-year results.
“We are targeting US$20 million in Malaysian revenue for FY2027, with close attention to delivery costs, working capital and contract profitability.
“Alongside our operations in other markets, we believe this expansion can support the group’s progress toward sustainable profitability and long-term shareholder value,” said YYForce Chief Executive Officer, Mike Fu.
In Malaysia, the company combines flexible staffing with service robots for cleaning, internal logistics and guest-service support at hotels and other facilities, and plans to expand maintenance and operational support services.
Malaysia is part of YYForce’s wider expansion across Singapore, Hong Kong, Thailand, Dubai and Egypt. The company said it aims to achieve sustainable group-wide profitability but has not set a date for reaching consolidated net profit.
-- BERNAMA
Wednesday, 28 October 2026
PACIFICA HOTELS TO OPEN COURTYARD BY MARRIOTT IN JAPAN’S TAKAYAMA
KUALA LUMPUR, Oct 28 (Bernama) -- Japanese hotel operator, Pacifica Hotels G.K. has signed a franchise agreement with Marriott International to open a Courtyard by Marriott hotel in Takayama, Gifu prefecture, in autumn 2028.
The hotel operator in a statement said the 207-room Courtyard by Marriott Hida Takayama will be a short walk from Takayama Station and close proximity to the city’s main street, historical attractions and restaurants.
Takayama is known for its Edo-period architecture and traditions, listed by UNESCO as intangible cultural heritage, and is near the UNESCO World Heritage-listed village of Shirakawa-go.
“Takayama is one of my personal favourite tourist destinations in Japan. It has the best collection of Edo period structures anywhere I have seen in Japan, wonderful food and is a great base for numerous day trips such as Shirakawa-go and Kamikochi,” said Pacifica Hotels G.K. chief executive officer, Seth Sulkin.
The hotel will include flexible spaces for work and relaxation, and an all-day dining restaurant with semi-open kitchens serving Japanese and international cuisine.
Pacifica, which operates hotels under Marriott International and IHG brands, will also open Courtyard by Marriott Hiroshima in autumn 2027 and Westin Hokkaido Furano Resort in spring 2029.
-- BERNAMA
The hotel operator in a statement said the 207-room Courtyard by Marriott Hida Takayama will be a short walk from Takayama Station and close proximity to the city’s main street, historical attractions and restaurants.
Takayama is known for its Edo-period architecture and traditions, listed by UNESCO as intangible cultural heritage, and is near the UNESCO World Heritage-listed village of Shirakawa-go.
“Takayama is one of my personal favourite tourist destinations in Japan. It has the best collection of Edo period structures anywhere I have seen in Japan, wonderful food and is a great base for numerous day trips such as Shirakawa-go and Kamikochi,” said Pacifica Hotels G.K. chief executive officer, Seth Sulkin.
The hotel will include flexible spaces for work and relaxation, and an all-day dining restaurant with semi-open kitchens serving Japanese and international cuisine.
Pacifica, which operates hotels under Marriott International and IHG brands, will also open Courtyard by Marriott Hiroshima in autumn 2027 and Westin Hokkaido Furano Resort in spring 2029.
-- BERNAMA
HACK THE BOX CYBER TRAINING YIELDS 330 PCT ROI - STUDY
KUALA LUMPUR, Oct 28 (Bernama) -- A study commissioned by cybersecurity training platform Hack The Box (HTB) and conducted by Forrester Consulting has found that a modelled organisation using the platform achieved a 330 per cent return on investment over three years, recouping its costs in less than six months.
The study, Total Economic Impact, is based on interviews with seven decision-makers at HTB customers in the financial services, government, technology and professional services sectors. Their experiences were combined into a single composite organisation with a cybersecurity workforce of over 300 people, and the financial figures are risk-adjusted present values.
“The question we hear most often is how many cybersecurity jobs AI will replace. The more important question is whether teams are prepared to use AI effectively,” said HTB chief executive officer and founder, Haris Pylarinos.
In a statement, he said artificial intelligence (AI) amplifies the capabilities of the people using it, which is why workforce readiness matters.
Over three years, the composite organisation realised US$1.2 million in benefits against US$285,000 in costs, giving a net present value of US$939,000. (US$1 = RM4.08)
The study found a 50 per cent reduction in the probability of security incidents escalating, linked to earlier threat detection and attackers spending less time inside systems undetected. Incident response teams cut the time taken to acknowledge incidents by 50 per cent and the time to resolve them by 30 per cent.
Onboarding efficiency improved by 35 per cent and penetration testing efficiency by 50 per cent. Workforce attrition fell by four per cent, while annual cybersecurity certifications rose by 20 per cent.
Forrester Research separately named HTB a Leader in its Forrester Wave report on cybersecurity skills and training platforms for the first quarter of 2026, giving it the highest possible scores in 13 criteria, including readiness for agentic AI.
-- BERNAMA
The study, Total Economic Impact, is based on interviews with seven decision-makers at HTB customers in the financial services, government, technology and professional services sectors. Their experiences were combined into a single composite organisation with a cybersecurity workforce of over 300 people, and the financial figures are risk-adjusted present values.
“The question we hear most often is how many cybersecurity jobs AI will replace. The more important question is whether teams are prepared to use AI effectively,” said HTB chief executive officer and founder, Haris Pylarinos.
In a statement, he said artificial intelligence (AI) amplifies the capabilities of the people using it, which is why workforce readiness matters.
Over three years, the composite organisation realised US$1.2 million in benefits against US$285,000 in costs, giving a net present value of US$939,000. (US$1 = RM4.08)
The study found a 50 per cent reduction in the probability of security incidents escalating, linked to earlier threat detection and attackers spending less time inside systems undetected. Incident response teams cut the time taken to acknowledge incidents by 50 per cent and the time to resolve them by 30 per cent.
Onboarding efficiency improved by 35 per cent and penetration testing efficiency by 50 per cent. Workforce attrition fell by four per cent, while annual cybersecurity certifications rose by 20 per cent.
Forrester Research separately named HTB a Leader in its Forrester Wave report on cybersecurity skills and training platforms for the first quarter of 2026, giving it the highest possible scores in 13 criteria, including readiness for agentic AI.
-- BERNAMA
Study Finds Hack The Box Cybersecurity Platform Delivered 330% Return on Investment
Enterprises achieved payback in less than six months, strengthened cyber workforce readiness, improved security operations and reduced breach risk
NEW YORK, Oct 28 (Bernama-BUSINESS WIRE) -- As organizations adapt to AI-driven changes in cybersecurity, many are rethinking how they develop, validate and retain skilled security professionals. Hack The Box (HTB), the leading cyber readiness platform for the human-AI cyber workforce, today announced the findings of a Total Economic Impact™ study conducted by Forrester Consulting, examining the potential business impact of investing in cybersecurity workforce development.
Forrester Consulting interviewed Hack The Box customers across financial services, government, technology and professional services sectors and used their experiences to construct a composite organization with a more than 300-person cybersecurity workforce.
Over three years, the composite organization realized $1.2 million in benefits compared with $285,000 in costs, resulting in a net present value of $939,000, a 330% return on investment and a payback period of less than six months. The composite organization also achieved:
Reduced Breach Exposure: A 50% reduction in escalation probability associated with earlier threat detection and shorter attacker dwell times.
More Effective Incident Response: A 50% improvement in mean time to acknowledge (MTTA) and 30% improvement in mean time to resolution (MTTR) for incident response teams.
Faster Onboarding: A 35% improvement in onboarding efficiency, helping new hires apply skills faster in real-world security environments.
Improved Talent Retention: A 4% reduction in cybersecurity workforce attrition, supported by ongoing hands-on learning opportunities and team-based activities.
Greater Penetration Testing Efficiency: A 50% improvement in penetration testing efficiency, helping teams complete assessments more efficiently while reducing quality review effort.
Expanded Cybersecurity Workforce Development: Structured skills development through HTB’s hands-on learning and certification pathways drove a 20% increase in annual cybersecurity certifications.
“The question we hear most often is how many cybersecurity jobs AI will replace," said Haris Pylarinos, CEO and founder of Hack The Box. "The more important question is whether teams are prepared to use AI effectively. AI amplifies the capabilities of the people using it, which is why readiness matters. This study shows what happens when organizations treat readiness as an ongoing discipline, one that's built, practiced and measured over time, rather than something addressed only when it's time to renew a certification.”
The head of IT security at a financial services company said, “Dwell time directly correlates with breach cost, and even marginal improvements can prevent high-six-figure impacts in regulated environments.”
The study findings come at a time when AI is increasing the speed and scale of both cyber attacks and cyber defense. While the TEI analysis focused on measurable workforce and operational outcomes, its findings also underscore the critical role of human expertise in directing, validating and safely applying AI within security workflows.
“I think it makes us faster to our response. It makes us better at looking at what the attacker’s doing. We’re fast. We know the right places to look because we know what an attacker would be looking to do. So I’d say we’re better at our job, we’re faster at our job, and we’re more efficient,” said the Head of Global Cyber Incident Response at a professional services firm interviewed for the study.
Organizations can also use HTB’s new ROI calculator to see how the study’s findings could apply to their own workforce. By entering their own information, they can look at the potential impact based on the study’s methodology and assumptions. To access the ROI calculator, click here.
For a more in-depth look at the findings, join HTB CMO Christine Bartlett and guest speaker, Forrester Principal Analyst Jess Burn, for The Economics of Cyber Workforce Readiness, a 30-minute fireside chat discussing the study’s methodology, key findings and implications for security and business leaders. The conversation will focus on what drove the study’s modeled 330% ROI and what those findings could mean for organizations evaluating their own workforce readiness. Access the webinar here.
The study also highlighted broader organizational benefits that interviewees associated with HTB, including stronger collaboration across security teams, greater visibility into workforce capabilities and skill gaps, and a more engaging environment for continuous learning. Forrester Research separately named HTB a Leader in The Forrester Wave™: Cybersecurity Skills And Training Platforms, Q1 2026 with the highest possible scores in 13 criteria, including agentic AI readiness.
The full study, The Total Economic Impact of Hack The Box, is now available.
Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. This report is part of a broader collection of Forrester resources, including interactive models, frameworks, tools, data, and access to analyst guidance. For more information, read about Forrester’s objectivity here.
About the Study
The Total Economic Impact™ study was commissioned by Hack The Box and conducted by Forrester Consulting. It is based on interviews with seven decision makers with experience using Hack The Box, whose experiences were aggregated into a single composite organization. Financial figures are three-year, risk-adjusted present values. TEI is a methodology developed by Forrester Research.
About Hack The Box
Hack The Box is the leading cyber readiness platform for the human-AI cyber workforce, helping organizations develop and measure the capabilities of the people and AI agents responsible for modern defense. The platform delivers threat-informed learning paths, real-world labs and live-fire simulations that build and validate offensive, defensive and AI-enabled cyber capabilities. Trusted by the Fortune 500, government agencies, managed security service providers (MSSPs) and Frontier Labs, Hack The Box supports more than 800 enterprise customers and a global community of over 5 million cybersecurity professionals.
For more information, visit hackthebox.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20261027837445/en/
Contact
Media Contacts
Hack The Box
Sofia Vourlaki
ophiv@hackthebox.com
The Nova Method
Justine Schneider
jschneider@thenovamethod.com
PRPR
Tracey Treanor
traceyt@prpr.co.uk
Source : Hack The Box
--BERNAMA
Friday, 23 October 2026
YYForce Prepares Hospitality for Superintelligence with Unified Human, Robotic, and IoT Platform
Building the operational foundation for next-generation intelligence across hotel environments
SINGAPORE, Oct 23 (Bernama-GLOBE NEWSWIRE) -- YYForce Inc. (Nasdaq: YFOR) ("YYForce" or the "Company"), an AI-enabled workforce management and integrated facility management provider, today outlined its vision to develop an integrated platform connecting human expertise, artificial intelligence, robotics and smart-building systems. The Company’s long-term ambition is to establish operational infrastructure that could support future superintelligence applications in hospitality and the built environment, if such capabilities become available.
The planned platform is intended to help hotel operators coordinate staffing, service delivery, robotic tasks and building performance through a common operational layer. YYForce aims to connect information from hotel systems and IoT sensors with workflows that enable people, robots and connected equipment to respond to operational needs.
Building Operational Infrastructure for Future Superintelligence
YYForce’s proposed approach is intended to bring together human judgment and service expertise, AI-assisted forecasting and planning, robotics and humanoid systems for suitable physical tasks, and IoT-enabled monitoring and control. Development priorities include data integration, task coordination, outcome verification and human supervision.
For example, as envisioned, a connected workflow could potentially use checkout information to schedule housekeeping, allocate suitable robotic support and adjust room lighting and cooling within approved comfort limits. Completion records and sensor feedback would potentially help operators verify room readiness and assess operational performance.
"Our ambition is to give increasingly capable AI a practical way to understand and support real hotel operations," said Mike Fu, Chief Executive Officer of YYForce. "By connecting people, robotics and building systems, we aim to turn operational information into coordinated action and measurable results. Over time, we believe this infrastructure could support future superintelligence applications, while keeping operational authority and accountability clearly defined."
Connecting Smart Building Upgrades with the Superintelligence Vision
As part of this direction, YYForce plans to integrate hotel upgrade solutions involving occupancy and environmental sensors, lighting controls, temperature management, equipment monitoring and maintenance workflows. The objective is to help properties improve guest comfort, reduce avoidable energy consumption and respond earlier to equipment issues.
The Company intends to support hotels’ progress toward lower-carbon operations through energy monitoring, operational optimisation and performance measurement. Smart-building upgrades alone do not establish net-zero carbon status. Any future net-zero claims would require a defined emissions boundary, verified performance and appropriate measures addressing energy supply and remaining emissions.
A Measured Development Path Toward Future Superintelligence Applications
YYForce’s proposed development approach would begin with defined hospitality workflows, establish performance baselines and evaluate results before expanding automation. Intended evaluation areas include service completion, room readiness, workforce productivity, energy use and reliability. Improvements would be tested before wider deployment, with human escalation and operating limits appropriate to each application.
The superintelligence vision is a long-term strategic ambition. YYForce is not announcing that it has developed artificial general intelligence or artificial superintelligence. The near-term focus is an integrated operational platform; any future use of superintelligent systems would depend on advances in underlying AI capabilities and successful technical and operational validation.
About YYForce
YYForce Inc. (Nasdaq: YFOR) is an AI-enabled workforce management and integrated facility management provider headquartered in Singapore and operating across Asia and beyond. Through its workforce technology and IFM businesses, YYForce provides workforce deployment, management and facility services solutions across multiple service industries.
The Company’s workforce platform, YY Circle, supports workforce deployment and management across sectors including hospitality, food and beverage, retail and other service industries. Within its IFM operations, YYForce combines frontline facility services with technology solutions designed to improve workforce productivity and operational efficiency.
YYForce’s long-term strategy is centered on building an integrated future workforce ecosystem in which human workers, intelligent software, automation and robotics increasingly work together to deliver services more efficiently.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company bases these forward-looking statements on its expectations and projections about future events, which the Company derives from the information currently available to it. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. Statements regarding the planned development, features, timelines and commercialization of the Workforce OS platform and related robotics applications are forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties, and the forward-looking events discussed in this press release may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about the Company and a number of factors. These factors include, but are not limited to, the Company's goals and strategies; the Company’s future business development, financial condition and results of operations, including the introduction of new products and services, expected changes in the Company's revenues, costs and expenditures, anticipated customer growth, and demand for and market acceptance of the Company's products and services; and industry, market and regulatory conditions, including competition, government policies and regulations affecting the Company's industry, and other factors that may affect the Company's financial condition, liquidity and results of operations.
For a more detailed discussion of risk factors, please refer to the Company's filings with the Securities and Exchange Commission, including the "Risk Factors" section of the Company's most recent annual report on Form 20-F, as amended. Readers should also consider the risks described in the Company’s filings with the U.S. Securities and Exchange Commission. YYForce undertakes no obligation to update these statements except as required by applicable law.
Investor Contact
Jason Zhi Yong Phua, Chief Financial Officer
YYForce Inc.
enquiries@yyforce.ai
Investor Relations Contact
Piacente Financial Communications
yfor@thepiacentegroup.com
SOURCE: YYForce Inc.
SINGAPORE, Oct 23 (Bernama-GLOBE NEWSWIRE) -- YYForce Inc. (Nasdaq: YFOR) ("YYForce" or the "Company"), an AI-enabled workforce management and integrated facility management provider, today outlined its vision to develop an integrated platform connecting human expertise, artificial intelligence, robotics and smart-building systems. The Company’s long-term ambition is to establish operational infrastructure that could support future superintelligence applications in hospitality and the built environment, if such capabilities become available.
The planned platform is intended to help hotel operators coordinate staffing, service delivery, robotic tasks and building performance through a common operational layer. YYForce aims to connect information from hotel systems and IoT sensors with workflows that enable people, robots and connected equipment to respond to operational needs.
Building Operational Infrastructure for Future Superintelligence
YYForce’s proposed approach is intended to bring together human judgment and service expertise, AI-assisted forecasting and planning, robotics and humanoid systems for suitable physical tasks, and IoT-enabled monitoring and control. Development priorities include data integration, task coordination, outcome verification and human supervision.
For example, as envisioned, a connected workflow could potentially use checkout information to schedule housekeeping, allocate suitable robotic support and adjust room lighting and cooling within approved comfort limits. Completion records and sensor feedback would potentially help operators verify room readiness and assess operational performance.
"Our ambition is to give increasingly capable AI a practical way to understand and support real hotel operations," said Mike Fu, Chief Executive Officer of YYForce. "By connecting people, robotics and building systems, we aim to turn operational information into coordinated action and measurable results. Over time, we believe this infrastructure could support future superintelligence applications, while keeping operational authority and accountability clearly defined."
Connecting Smart Building Upgrades with the Superintelligence Vision
As part of this direction, YYForce plans to integrate hotel upgrade solutions involving occupancy and environmental sensors, lighting controls, temperature management, equipment monitoring and maintenance workflows. The objective is to help properties improve guest comfort, reduce avoidable energy consumption and respond earlier to equipment issues.
The Company intends to support hotels’ progress toward lower-carbon operations through energy monitoring, operational optimisation and performance measurement. Smart-building upgrades alone do not establish net-zero carbon status. Any future net-zero claims would require a defined emissions boundary, verified performance and appropriate measures addressing energy supply and remaining emissions.
A Measured Development Path Toward Future Superintelligence Applications
YYForce’s proposed development approach would begin with defined hospitality workflows, establish performance baselines and evaluate results before expanding automation. Intended evaluation areas include service completion, room readiness, workforce productivity, energy use and reliability. Improvements would be tested before wider deployment, with human escalation and operating limits appropriate to each application.
The superintelligence vision is a long-term strategic ambition. YYForce is not announcing that it has developed artificial general intelligence or artificial superintelligence. The near-term focus is an integrated operational platform; any future use of superintelligent systems would depend on advances in underlying AI capabilities and successful technical and operational validation.
About YYForce
YYForce Inc. (Nasdaq: YFOR) is an AI-enabled workforce management and integrated facility management provider headquartered in Singapore and operating across Asia and beyond. Through its workforce technology and IFM businesses, YYForce provides workforce deployment, management and facility services solutions across multiple service industries.
The Company’s workforce platform, YY Circle, supports workforce deployment and management across sectors including hospitality, food and beverage, retail and other service industries. Within its IFM operations, YYForce combines frontline facility services with technology solutions designed to improve workforce productivity and operational efficiency.
YYForce’s long-term strategy is centered on building an integrated future workforce ecosystem in which human workers, intelligent software, automation and robotics increasingly work together to deliver services more efficiently.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company bases these forward-looking statements on its expectations and projections about future events, which the Company derives from the information currently available to it. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. Statements regarding the planned development, features, timelines and commercialization of the Workforce OS platform and related robotics applications are forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties, and the forward-looking events discussed in this press release may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about the Company and a number of factors. These factors include, but are not limited to, the Company's goals and strategies; the Company’s future business development, financial condition and results of operations, including the introduction of new products and services, expected changes in the Company's revenues, costs and expenditures, anticipated customer growth, and demand for and market acceptance of the Company's products and services; and industry, market and regulatory conditions, including competition, government policies and regulations affecting the Company's industry, and other factors that may affect the Company's financial condition, liquidity and results of operations.
For a more detailed discussion of risk factors, please refer to the Company's filings with the Securities and Exchange Commission, including the "Risk Factors" section of the Company's most recent annual report on Form 20-F, as amended. Readers should also consider the risks described in the Company’s filings with the U.S. Securities and Exchange Commission. YYForce undertakes no obligation to update these statements except as required by applicable law.
Investor Contact
Jason Zhi Yong Phua, Chief Financial Officer
YYForce Inc.
enquiries@yyforce.ai
Investor Relations Contact
Piacente Financial Communications
yfor@thepiacentegroup.com
SOURCE: YYForce Inc.
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