TAIPEI

Gorilla and MTI Unveil Strategic Alliance to Pioneer Advanced Manufacturing Hub in Egypt

Retrieved on: 
Monday, May 6, 2024

The partnership reinforces both parties’ commitment to revolutionizing the global cybersecurity market with advanced technological solutions and optimized supply chain strategies.

Key Points: 
  • The partnership reinforces both parties’ commitment to revolutionizing the global cybersecurity market with advanced technological solutions and optimized supply chain strategies.
  • Gorilla and MTI are joining forces to establish a state-of-the-art manufacturing plant in Egypt that will drive technological advances and foster economic growth in the region.
  • This manufacturing plant will serve as a hub for producing cutting-edge Customer Premises Equipment (CPE) tailored to meet the evolving needs of governmental and enterprise sectors worldwide.
  • Commenting on the partnership, Jay Chandan, Chairman & CEO of Gorilla, said, "We are thrilled to embark on this transformative journey with MTI.

Gorilla Technology Lanner Launch Cutting-Edge Security Convergence Devices to Transform Cybersecurity Landscape

Retrieved on: 
Monday, April 15, 2024

LONDON, April 15, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the “Company”), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today introduced its new line of Security Convergence Devices, developed in collaboration with Lanner.

Key Points: 
  • LONDON, April 15, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the “Company”), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today introduced its new line of Security Convergence Devices, developed in collaboration with Lanner.
  • Leveraging state-of-the-art technology, Gorilla’s proprietary detection engine, NetProbe will protect against the constantly evolving landscape of cyber threats.
  • Dr. Rajesh Natarajan, Chief Technology Officer at Gorilla Technology, commented, “We are proud to introduce these Security Convergence Devices, which usher in a revolutionary era in cybersecurity.
  • “Gorilla Technology is strategically positioned to secure a significant share of the rapidly expanding cybersecurity market.

Gorilla Technology Announces 10:1 Reverse Stock Split

Retrieved on: 
Monday, April 15, 2024

LONDON, April 15, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the “Company”), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, announced on April 9, 2024 that it will implement a 1-for-10 reverse stock split of its shares, effective April 15, 2024.

Key Points: 
  • LONDON, April 15, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the “Company”), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, announced on April 9, 2024 that it will implement a 1-for-10 reverse stock split of its shares, effective April 15, 2024.
  • The reverse split it is intended to regain compliance with Nasdaq’s minimum bid price requirement before the May 1, 2024 deadline.
  • Gorilla shareholders approved the reverse split at the extraordinary general meeting held on March 26, 2024.
  • Stockholders owning shares via a broker, bank, trust, or other nominee will have their positions automatically adjusted to reflect the reverse stock split, subject to such broker's particular processes, and will not be required to take any action in connection with the reverse stock split.

Gorilla Technology and Thames Freeport Announce Strategic Alliance, Advancing Smart City Innovations and Fostering Trade Partnerships

Retrieved on: 
Wednesday, April 10, 2024

This strategic alliance is set to revolutionise the Thames Freeport area, aligning an ambitious Smart City Strategy programme and leveraging the Thames Freeport Investment Fund to drive innovation and sustainable growth.

Key Points: 
  • This strategic alliance is set to revolutionise the Thames Freeport area, aligning an ambitious Smart City Strategy programme and leveraging the Thames Freeport Investment Fund to drive innovation and sustainable growth.
  • Under this partnership, Gorilla Technology will spearhead the development of advanced technological frameworks within Thames Freeport's infrastructure, focusing on enhancing efficiency, security and sustainability.
  • Key Objectives of the Partnership:
    Trade Partnerships: Facilitating the exchange of goods and services between the Thames Freeport area and Egypt and Taiwan.
  • Smart City Strategy Development: Collaborating on the development of a comprehensive smart city strategy that supports sustainable growth and innovation within Thames Freeport.

Gorilla Reports Record 2023 Financial Results

Retrieved on: 
Thursday, April 4, 2024

LONDON, April 04, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today reported financial results for the fiscal year ending December 31, 2023.

Key Points: 
  • Profitability Turnaround: Gorilla recorded net profit of $19.9 million in fiscal year 2023, a dramatic shift of 123% from a loss of $(87.5) million in fiscal year 2022.
  • Gorilla, with leading innovation and relentless drive, has not just met our financial targets; we have catapulted beyond them.
  • The Company will host a conference call on Monday, April 8, 2024 at 8:00 AM EDT to discuss the Company's financial results.
  • The following table summarizes financial results (2023, unreviewed and unaudited):

Gorilla Technology Group, in Partnership with Protactics, Secures Contract to Pioneer Security Solutions in Colombia

Retrieved on: 
Tuesday, April 2, 2024

The project marks a monumental step forward in enhancing public safety and security across Casanare, utilizing Post Event and iCCTV systems to deliver unprecedented intelligence insights.

Key Points: 
  • The project marks a monumental step forward in enhancing public safety and security across Casanare, utilizing Post Event and iCCTV systems to deliver unprecedented intelligence insights.
  • It showcases Gorilla's expertise in smart security solutions and highlights the synergistic potential of collaborating with partners like Protactics.
  • Will Addison, VP of EMEA at Gorilla Technologies, added, "The Casanare project represents a significant milestone in our journey towards global leadership in intelligent security solutions.
  • Juan Arango, COO of Protactics, remarked, "Our partnership with Gorilla on this ambitious project is a testament to our shared vision for leveraging technology to enhance public safety and security.

Gorilla Technology Group to Introduce Security Solutions in Thailand’s Expanding Data Center Market

Retrieved on: 
Thursday, March 28, 2024

Gorilla, leveraging its recent success in creating Egypt’s first AirGap Network, plans to enhance the security of Thailand’s data centers with its Security Convergence portfolio.

Key Points: 
  • Gorilla, leveraging its recent success in creating Egypt’s first AirGap Network, plans to enhance the security of Thailand’s data centers with its Security Convergence portfolio.
  • Utilizing its proprietary technology and collaborations with industry leaders, the company seeks to set a new benchmark in security for Thailand’s data center landscape, thereby protecting both digital assets and physical infrastructure.
  • Enhanced Security: Gorilla boosts Thailand's data center protection, reducing cybersecurity risks and elevating the nation's digital security.
  • Economic Growth: Gorilla’s initiatives stimulate Thailand's economy by expanding data center capacity, attracting investments, and creating tech jobs.

CHC Shifts Biking Accessibility into Higher Gear with Official Handcycle Launch at Taipei Cycle 2024

Retrieved on: 
Tuesday, March 12, 2024

TAIPEI, March 12, 2024 /PRNewswire/ -- At Taipei Cycle 2024 (March 5-10), the Cycling and Health Tech Industry R&D Center (CHC), a leader in bicycle design based in Taiwan, took a major step in expanding accessibility and inclusion in the biking ecosystem through formally launching its innovative handcycle for physically challenged riders to enjoy the outdoors. Also during the event, the Center and its partner, the Bicycle Alliance for Sustainability (BAS), joined hands with key players involved in Taiwan's bicycle industry to collectively pledge to take action across several sustainable and socially responsible focus areas.

Key Points: 
  • TAIPEI, March 12, 2024 /PRNewswire/ -- At Taipei Cycle 2024 (March 5-10), the Cycling and Health Tech Industry R&D Center (CHC) , a leader in bicycle design based in Taiwan, took a major step in expanding accessibility and inclusion in the biking ecosystem through formally launching its innovative handcycle for physically challenged riders to enjoy the outdoors.
  • "We envision a more accessible, inclusive, sustainable, and socially conscious bicycling community worldwide," remarked Chairman Pai of the CHC.
  • "With the launch of the Handcycle and this pledge, we are setting the wheels in motion to realize this vision."
  • CHC will partner with Gomier Manufacturing Co. to bring its Handcycle to customers through manufacturing and sales.

Gorilla Technology Group and Lanner Electronics Inc. Forge Strategic Partnership to Develop AI-Enabled Cybersecurity Products in MENA Region

Retrieved on: 
Monday, March 4, 2024

LONDON, March 04, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. ("Gorilla") (NASDAQ: GRRR), a global leader in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, and Lanner Electronics Inc. (“Lanner”), a renowned provider of advanced network appliances and rugged computing platforms are excited to announce the signing of a Memorandum of Understanding (MOU) establishing a strategic partnership between the two companies to develop Artificial Intelligence (AI)-enabled cybersecurity products for organizations in the MENA region.

Key Points: 
  • "At Gorilla, we take pride in not just shaping the future; we're revolutionizing it," stated Jay Chandan, CEO and Chairman of Gorilla Technology Group.
  • Together, we're unleashing a new breed of AI-enabled cybersecurity solutions that will set the gold standard for the industry."
  • James Yang, Founder of Lanner Electronics Inc., commented, "We are thrilled to partner with Gorilla Technology Group to bring groundbreaking end-to-end cybersecurity solutions to market.
  • The partnership builds on Gorilla’s already established presence in the region and specifically its current work for the government of Egypt.

Taipei Cycle 2024: Acer Gadget Expands E-bike Portfolio, Emphasizing E-mobility for Smart and Sustainable Lifestyles

Retrieved on: 
Thursday, March 7, 2024

TAIPEI, March 7, 2024 /PRNewswire/ -- At Taipei Cycle 2024, Acer Gadget showcased its latest advancements in e-bikes and e-Scooters, underscoring its dedication to sustainable development and user-centric design. Leading the innovations is the Predator eNomad-R e-bike, a testament to urban off-road versatility with its sturdy aluminum alloy frame, dual front suspension for enhanced comfort on uneven terrain, and 20"x4" wide tires. It's equipped with a SHIMANO CUES 9-speed transmission and a potent 750W motor, ensuring adeptness across diverse terrains.

Key Points: 
  • Acer Gadget expands its product offerings with Acer Revivify eco-friendly bags to address diverse urban commuting needs.
  • Acer Gadget demonstrates the Xplova NOZA V smart trainer in official collaboration with ROUVY, simulating an immersive cycling experience to optimize rider performance.
  • TAIPEI, March 7, 2024 /PRNewswire/ -- At Taipei Cycle 2024, Acer Gadget showcased its latest advancements in e-bikes and e-Scooters, underscoring its dedication to sustainable development and user-centric design.
  • Acer Gadget Inc., a dynamic arm of Acer Inc., innovates across industries with products and services that drive digital transformation and enhance lifestyles.