Featuring Hapbee Technologies (HAPBF), Arrive AI (ARAI), FLOKI, BioVie Pharma (BIVI) & The Sustainable Green Team (SGTM)
NEW YORK, NY / ACCESS Newswire / July 21, 2025 / New to The Street, the award‑winning financial news show, will airshow number 679 tonight at 10:30 PM PST on Fox Business Network as sponsored programming. The broadcast features in-depth segments with a compelling lineup of innovation-driven companies reshaping their respective sectors.
Featured Companies
Hapbee Technologies (OTCID:HAPBF) – A digital wellness pioneer using ultra-low frequency technology to deliver mood and sleep-enhancing effects without ingestibles. Hapbee recently posted its first-ever quarterly profit and is aggressively expanding through strategic partnerships.
Arrive AI(NASDAQ:ARAI) – A disruptive logistics company advancing AI-powered autonomous delivery. Arrive AI’s technology is transforming the future of last-mile fulfillment.
FLOKI – The crypto movement with global momentum, known for its community-first mission, real-world utility, and impact-driven projects across DeFi and education.
BioVie Pharmaceuticals(NASDAQ:BIVI) – A clinical-stage biopharmaceutical company with a focus on treating devastating conditions such as Alzheimer’s and liver disease through its late-stage development pipeline.
The Sustainable Green Team (OTCID:SGTM) – An environmental solutions company creating sustainable waste-to-soil products, addressing large-scale green infrastructure and carbon-conscious initiatives.
About New to The Street
New to The Street is one of America’s longest-running business television brands, broadcasting since 2009 across major U.S. financial networks. Now in its 16th year, the show airs weekly as sponsored programming on Fox Business Network and Bloomberg Television, reaching over 220 million U.S. homes. Beginning later this quarter, New to The Street will expand its syndication to CNBC and key Middle Eastern markets, further cementing its global footprint.
As the flagship media brand within a powerful financial media ecosystem, New to The Street delivers curated interviews with CEOs, founders, and innovators from public and private companies across emerging sectors-from biotech and AI to fintech, crypto, and sustainability.
Social Media: 500,000+ followers combined across X (Twitter), LinkedIn, Facebook, and Instagram
Outdoor Media: Dominant presence with iconic billboards in Times Square, the NYC Financial District, and strategic high-traffic markets nationwide
New to The Street is also one of the largest U.S. buyers of national TV commercial inventory for public company exposure and investor awareness, delivering campaigns across television, digital, and outdoor platforms in a predictable media model that delivers scale, frequency, and credibility.
Whether it’s Nasdaq or NYSE interviews, primetime exposure, earned media on ABC/NBC/CBS, or placement on towering LED billboards, New to The Street is where companies come to tell their stories-and get seen.
Security fixes, no-code mapping, and a major step away from the legacy Open Source Mirth Connect engine.
MONTGOMERY, AL / ACCESS Newswire / July 21, 2025 / Innovar today announced the release of BridgeLink 4.5.4, the latest version of its open-source integration engine, purpose-built for healthcare organizations that need the flexibility of open source – without sacrificing enterprise support, security, or vision.
This release introduces long-requested community enhancements, critical security patches, and the Dynamic Lookup Gateway (DLG) – a game-changing feature that redefines how organizations manage value mapping in modern healthcare integration.
“BridgeLink isn’t just another fork – it’s the only open-source interface engine built for enterprise use. With the introduction of the Dynamic Lookup Gateway, we’re making a bold move away from the legacy Mirth Connect engine and toward a modern, full-featured integration platform. This release marks a turning point – not just in features, but in vision.” – Loyd Bittle, CEO of Innovar
Critical Security Updates & Community Collaboration
BridgeLink 4.5.4 includes essential security patches, resolving long-standing vulnerabilities that have gone unaddressed in the legacy Open Source Mirth ecosystem. The release also integrates a number of pull requests from the community, previously stalled in upstream repositories – demonstrating Innovar’s commitment to the open community with enterprise-grade accountability.
Introducing the Dynamic Lookup Gateway (DLG)
DLG empowers healthcare integration teams to:
Build and manage lookup tables without writing code
Use standardized lookup mappings dynamically with our API’s
Replace brittle SQL and hardcoded value transforms in your interface
Migrate mapping environments effortlessly with JSON/CSV exports
Boost performance with optional in-memory caching
The feature is fully integrated into the BridgeLink Admin UI.
Built for Organizations That Need Confidence and Continuity
While other open-source interface engine projects thrive on community contributions and informal support, BridgeLink pairs that spirit with the structure enterprises require – including responsive support, long-term planning, and production-grade reliability.
With version 4.5.4, Innovar continues its work modernizing the open-source Mirth Connect foundation – evolving it into a full-featured integration platform ready for the demands of today’s healthcare environments.
Download or Learn More
BridgeLink 4.5.4 is available now. To download, contribute, or schedule a demo, visit our BridgeLink site.
Join the Movement for Open Interoperability
GitHub Repository – Download and contribute at GitHub.
Headquartered in Montgomery, Alabama, Innovar Healthcare is a trusted leader in healthcare interoperability, committed to advancing open-source integration through its flagship BridgeLink platform and Lightswitch managed service network.
With deep roots in the OSS Mirth Connect ecosystem, Innovar delivers modern, vendor-neutral solutions that eliminate barriers to data exchange and empower healthcare organizations with the flexibility to grow on their own terms. Whether deploying open-source infrastructure or managing interoperability as a service, Innovar’s technology enables seamless, standards-based connectivity across systems.
From rural labs to national networks, Innovar is dedicated to sustainable, secure, and scalable interoperability – without vendor lock-in.
Platform delivers 100,000+ courses, preparing frontline workers for AI-transformed workplaces while leveraging mandatory compliance touchpoints
DES MOINES, IA / ACCESS Newswire / July 21, 2025 / Auzmor, the pioneering learning experience company behind Auzmor Learn and Auzmor Office, today announced the launch of its independent e-learning content marketplace designed to address the critical gap in training content specifically designed to build AI-era competencies such as automation literacy, data-informed decision-making, and human-AI collaboration. Unlike existing platforms with outdated materials, Auzmor’s marketplace delivers fresh, AI-optimized content specifically created for workers navigating the intelligence revolution.
With the global e-learning market projected to reach $842.64 billion by 2030 (Grand View Research, 2024), traditional content providers like OpenSesame have failed to keep pace with rapidly evolving skill requirements. While these platforms offer basic training, their libraries remain rooted in pre-AI workplace models. Auzmor’s independent marketplace fills this void as The Manufacturing Institute and Deloitte estimate that 2.4 million manufacturing jobs could go unfilled by 2028 due to skills shortages, with the ability to work alongside AI technologies and digital systems cited as the most critical gap.
“The future of work isn’t about replacing humans with AI, it’s about empowering workers to master new skills that didn’t exist five years ago,” said Darryl Jose, CEO and Co-Founder of Auzmor. “Existing content marketplaces are stuck in the past, offering the same tired courses from 2015. We’re building something entirely different: an independent platform where every course is designed for the skills workers actually need today and tomorrow.”
Independent Marketplace Delivers 100,000+ Courses for the New Skills Economy
Auzmor’s marketplace features over 100,000 courses specifically curated and created for emerging skill requirements:
AI & Digital Transformation: AI & Machine Awareness, Working in Augmented Environments, Digital Tool Proficiency, Data-Driven Decision Making, Human-AI Collaboration, Predictive Maintenance Systems, Automation Awareness, Digital Workplace Navigation
Professional Development for Modern Workplaces: Emotional Intelligence in Digital Teams, Leading Hybrid Groups, Critical Thinking for Automated Processes, Change Management, Digital Communication, DEI Training, Conflict Resolution, Time Management for Shift Workers
Technical Foundations: Digital Maintenance, IoT Systems, Cloud-Based Operations, Mobile Technology Integration, Equipment Optimization, Quality Control in Automated Environments
Compliance Training: The Gateway to New Skills
Every worker needs compliance training. Auzmor transforms these required courses into pathways for learning new skills. When workers complete their mandatory safety training, they discover courses on AI-powered safety systems. After finishing cybersecurity basics, they can learn about protecting AI systems. Environmental compliance leads to sustainable technology skills. This approach means workers gain efficiency-boosting abilities while meeting regulatory requirements.
“Compliance training is like a bridge to the future,” Jose explained. “A warehouse worker takes their required forklift safety course and discovers how AI inventory systems work. They learn new skills that make their job easier and safer. That same worker who came for compliance leaves with abilities that make them invaluable in an automated warehouse. It’s practical, it’s powerful, and it works because we meet workers where they already are.”
Marketplace Features Drive Measurable Transformation
The Auzmor content marketplace is engineered to deliver measurable learning outcomes by embedding advanced functionality directly into its content infrastructure:
AI-Powered Personalization: Machine learning tailors course recommendations to each worker’s skill profile and job function
Predictive Skills Mapping: Every course is tagged with competencies tied to future job demands, enabling employers to close gaps before they emerge
Mobile-First Architecture: Content is optimized for use on mobile devices, including offline functionality for frontline and shift-based roles
Micro-Learning Modules: Most content is structured in 5-15 minute bursts to seamlessly fit into the rhythm of work
Real-Time Content Analytics: Organizations can track consumption, engagement, and knowledge retention by role or team
Multilingual AI Support: Natural language processing enables dynamic translation, expanding access for multilingual teams
Integrated Compliance Content Layering: Courses meet regulatory requirements while doubling as gateways into upskilling pathways
Early Adopters Report Significant Results
Auzmor’s new marketplace builds on years of experience helping organizations close skill gaps with modern, industry-relevant content. This is not a speculative launch; it’s a scaled solution based on proven success in aligning learning content with workforce transformation:
Manufacturing: Firms used Auzmor’s predictive maintenance and AI-awareness content to prepare technicians for increasingly automated equipment
Logistics: Employers integrated communication and automation-readiness modules into training paths for frontline workers, resulting in improved adaptability and digital proficiency
Healthcare & Energy: Teams layered cybersecurity and environmental compliance content with emerging green tech and data governance modules to future-proof their operations
Construction & Infrastructure: Auzmor content helped teams evolve from basic OSHA training to digital tool fluency and real-time hazard detection
These use cases demonstrate why Auzmor’s content model works: it meets compliance needs while introducing new capabilities that align with where industries are going. The marketplace now makes that approach scalable, flexible, and accessible to any organization seeking to modernize its workforce.
Strategic Roadmap Aligns with AI Evolution
Auzmor’s development timeline reflects the accelerating pace of workplace AI adoption:
Q3-Q4 2025: AI-verified micro-credentials and blockchain-based skill verification
2026: Predictive workforce development using advanced AI to anticipate skill needs
2027: AI-powered peer learning networks and virtual mentorship programs
The platform is fully SCORM/AICC/xAPI compatible, supporting seamless integration with existing enterprise systems while providing advanced features like AI-driven simulations, virtual reality training modules, gamified learning experiences, and comprehensive compliance tracking with automated reporting.
We’re creating the first truly independent content marketplace built for how people actually learn new skills,” Jose added. “When a warehouse associate learns to work with AI-enabled inventory systems, or a technician takes a course on troubleshooting automated machinery, they’re not just checking compliance boxes. They’re gaining practical skills that directly improve their performance and unlock upward mobility. That’s what the current platforms overlook: the alignment between what training covers and what the future of work actually demands.
About Auzmor
Founded in 2017, Auzmor empowers mid-market and enterprise clients across North America with Auzmor Learn and Auzmor Office. The company’s independent learning marketplace addresses the critical gap in modern skills training left by outdated content providers, supporting HR, L&D, and operations teams in preparing workforces for continuous technological change.
RICHARDSON, TX / ACCESS Newswire / July 21, 2025 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today the promotion of Hugh Bond to General Manager of its Optex Division. Mr. Bond brings 17 years of dedicated service to the company, during which he has demonstrated consistent growth and taken on increasing levels of responsibility across key areas of the business.
Danny Schoening, CEO of Optex Systems, commented, “It’s been a pleasure to witness Hugh’s professional development over the years. His hard work, leadership, and deep understanding of our operations have made a significant impact on Optex’s ongoing success. I’m confident he will continue to drive positive results in his new role.”
“I’m honored to step into this new position,” said Hugh Bond, General Manager of the Optex Division. “We have exciting opportunities ahead, and I look forward to leading our talented team as we execute on our new programs and initiatives.”
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company’s website at www.optexsys.com.
Safe Harbor Statement
This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government’s interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company’s products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control.
You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company’s forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company’s filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
PLANO, TX / ACCESS Newswire / July 21, 2025 / BGSF, Inc. (NYSE:BGSF), a growing provider of consulting, managed services, and workforce solutions, today announces that it will release its fiscal 2025 second quarter results on Wednesday, August 6, 2025, after the market close. In conjunction with the release, management will host an earnings conference call, a live teleconference, and a webcast at 9:00 am ET on Thursday, August 7, 2025.
Interested participants may dial 1-888-506-0062 (Toll-Free) or 1-973-528-0011 (International) and enter the access code 520154. A call replay will be available until Thursday, August 21, 2025. To access the replay, please dial 1-877-481-4010 (Toll-Free) or 1-919-882-2331 (International) and enter the access code 52558. The live webcast is accessible in the investor relations section of the Company’s website at https://investor.bgsf.com/events-and-presentations/default.aspx.
About BGSF
BGSF provides consulting, managed services, and professional workforce solutions to a variety of industries through its various divisions in IT, Cyber, Finance & Accounting, and Property Management (apartment communities and commercial buildings). BGSF has integrated several regional and national brands, achieving scalable growth. The Company was ranked by Staffing Industry Analysts as the 97th largest Workforce Solutions Provider in 2024 and the 49th largest IT staffing firm in 2024. The Company’s disciplined acquisition philosophy, which builds value through both financial growth and the retention of unique and dedicated talent within BGSF’s family of companies, has resulted in a seasoned management team with strong tenure and the ability to offer exceptional service to our field talent and client partners while building value for investors. For more information on the Company and its services, please visit its website at www.bgsf.com.
CONTACT:
Steven Hooser or Sandy Martin Three Part Advisors ir@bgsf.com 214.872.2710 or 214.616.2207
New Incentives Make Energy-Efficient Roofing More Affordable for Homeowners and Businesses Across LA
Jul. 21, 2025 / PRZen / LOS ANGELES — As part of California’s Title 24 energy efficiency standards, cool roofs are now required for most new and renovated buildings — and Los Angeles homeowners and businesses can get rebates to help cover the cost.
What’s a Cool Roof?
Cool roofs are designed to reflect more sunlight and absorb less heat than traditional roofing. While older asphalt roofs can hit 190°F on a hot day, cool roofs use reflective coatings or materials that keep surfaces up to 50°F cooler.
The Los Angeles Department of Water and Power (LADWP) offers rebates of $0.20 to $0.80 per square foot for eligible cool roof installations. According to David Jacot, LADWP’s Director of Efficiency Solutions, these rebates are meant to help offset the initial cost and make energy-efficient upgrades more accessible.
Buildings typically see energy savings of around 20%, and many property owners recover their investment in just a few years. In some cases, reduced cooling loads even allow for smaller HVAC systems, saving money upfront on equipment.
Cool roofs can also extend the lifespan of your roof by protecting it from UV damage and temperature-related wear and tear — reducing how often you need to re-roof.
Culver City recently upgraded several municipal buildings, including the police department, with help from Hull Brothers Roofing. “We’ve seen improved comfort, better performance, and saved on future maintenance,” said a City Public Works official. Hull Brothers has been Culver City’s go-to roofing contractor since 2003.
Widespread Adoption
To date, LADWP’s program has supported over 700,000 square feet of residential cool roofs. Major commercial retailers like Target and Walmart have made cool roofs standard, and tech giants like Apple and IBM are adopting the technology across their facilities.
Preparing for a Warmer Future
“As LA heats up, cool roofs will play a bigger role in keeping buildings livable and efficient,” said David Fink of Climate Resolve, a nonprofit working on climate solutions in Southern California.
About Hull Brothers Roofing
Established in 1928 and serving Los Angeles for nearly a century, Hull Brothers Roofing provides expert residential and commercial roofing services from their long-standing Culver City location.
Want to Learn More? To get a free estimate or learn more about LADWP’s Cool Roof rebates, contact Hull Brothers Roofing at (310) 553-1999.
Contact Hull Brothers Roofing, Inc. (818) 804-0227
Jul. 21, 2025 / PRZen / MEMPHIS, Tenn. — The demand from B2B companies to modernize their go-to-market approach is surging — and inside sales is no longer a support function. It’s now a frontline engine for customer acquisition, retention, and expansion. To meet this demand, Ali Hasham, a proven commercial leader with a track record of building three highly successful inside sales teams across multi-billion dollar distributors, has launched Revenue Optics — a consulting firm focused exclusively on helping B2B distributors and industrial companies design, build, and scale AI-enabled inside sales organizations.
Since 2020, Hasham has been engaged with inside sales transformations for some of the largest distributors in North America. He built outbound inside teams that supported hundreds of branches, national accounts, and global programs by — delivering measurable growth and evolving legacy field sales models into scalable, digital-first commercial engines.
“After building and scaling high-performing inside sales teams from scratch, I saw a clear opportunity to help other distributors do the same,” said Ali Hasham, Founder & CEO of Revenue Optics. “Now I’m doing it from the outside by guiding companies on how to use AI in their inside sales teams to grow faster and deliver consistent results.”
At one of his companies, Hasham deployed Proton.ai, a generative AI platform purpose-built for distribution. The tool equipped reps with real-time customer insights, predictive product recommendations, and intelligent next-best-action guidance to — enable smarter, faster, and more targeted outbound sales calls.
“Distributors are under pressure from shrinking margins, rising customer demands, and outdated sales models that limit growth,” said Ali Hasham, Founder and CEO of Revenue Optics. “A proactive inside sales team coupled with AI gives the visibility and focus they need to respond faster, prioritize the right accounts, and uncover opportunities they’d otherwise miss. When inside sales is set up to do this well, it becomes one of the most powerful levers distributors have to drive growth.”
Revenue Optics partners with private equity firms and mid-market B2B distributors to stand up inside sales teams that are proactive growth drivers instead of reactive order-takers. The firm brings deep expertise in team design, outbound strategy, CRM and AI integration, and go-to-market execution tailored specifically to the B2B distribution landscape.
About Revenue Optics
Revenue Optics is a sales transformation consulting firm helping B2B distributors build proactive, AI-enabled inside sales teams that generate net new demand and drive double-digit organic growth. Founded by Ali Hasham, — who has led three enterprise-level inside sales team buildouts across North America, — the firm equips companies with the tools, talent, and execution strategy needed to modernize their commercial engine. Prior to launching Revenue Optics, Hasham served as Vice President of Sales Excellence for North America at Motion Industries, Director of Business Development at WESCO International, and Director of Business Development at TruckPro. At each company, he successfully built and scaled inside sales teams, supported hundreds of field locations and national accounts, and delivered impactful, enterprise-level growth.
Food Journal Magazine, an exciting new publication, has launched to connect culinary enthusiasts with the vibrant world of cuisine and food festivals.
Jul. 21, 2025 / PRZen / LOS ANGELES — Your Comprehensive Resource for National Food Events, Foodie Hotspots in Los Angeles and Food Festivals across the globe!
Dedicated to celebrating the best in food, culture, and events, Food Journal Magazine serves as the ultimate guide for those passionate about the culinary world. With insider access to local food events, expert interviews, and coverage of food festivals, this magazine is your gateway to exceptional gastronomic experiences.
Dive into a rich tapestry of food festival gems & hotspots, hidden gems, and celebrated dining destinations. Each issue puts a spotlight on the people behind the scenes, from renowned chefs and sommeliers to artisan food producers and trending pop-up restaurants. For readers looking to explore new culinary landscapes, Food Journal Magazine provides curated insights and expert recommendations for unforgettable food experiences.
Explore the World of Food Festivals
Food Journal Magazine also caters to event enthusiasts with in-depth coverage of food festivals, farmers’ markets, and culinary community events. Featuring an expansive calendar of must-attend food and wine festivals, the magazine guides readers to diverse regional flavors and unique offerings. Whether you’re a seasoned festival-goer or a curious first-timer, this food magazine ensures you’ll be informed about the best events across the culinary spectrum.
The debut issue highlights some of the most anticipated food festivals of the season, uncovering must-visit venues and offering exclusive interviews with trailblazing culinary innovators. Included are event guides, expert tips, and detailed profiles of leading players in the food scene, delivering a complete roadmap for your next culinary adventure.
About Food Journal Magazine
Food Journal Magazine is a premier publication crafted for food lovers and event enthusiasts. Specializing in local food scenes, food festivals, and thought-provoking industry perspectives, the magazine celebrates the diversity, innovation, and creativity within the culinary world. Each issue is curated to connect readers with the people, places, and moments that define extraordinary food experiences.
Discover the ultimate guide to food festivals and culinary excellence. ExploreFood Journal Magazinetoday!
Engineered for Scale with ASUS, Powered by RDMA, CXL 2.0, and 400G Networking
3TB–8TB Memory Appliances and 100G/400G Ethernet Switches Set for Q4 2025 Production
Jul. 21, 2025 / PRZen / SAN JOSE, Calif. — As AI and high-performance computing (HPC) workloads push data centers to their limits, TORmem Inc., a U.S.-based innovator in memory disaggregation, unveils its next-generation memory-centric platform, designed to obliterate memory and networking bottlenecks. Partnering with ASUS to manufacture memory disaggregation appliances and leveraging cutting-edge Marvell® Technology for TORswitch 100G/400G Ethernet switches, TORmem delivers unmatched scalability, performance, and cost-efficiency for AI, HPC, and enterprise computing.”
Why It Matters: AI workloads are exploding, with rack densities exceeding 100 kW and chips exceeding 2,500 watts. Traditional server architectures can’t keep up, leaving memory stranded and costs soaring. TORmem’s solution redefines the data center with 3TB–8TB memory appliances and TORswitch 100G/400G Ethernet switches, enabling data centers to scale dynamically while slashing total cost of ownership (TCO) by up to 50%.
Manufactured by ASUS, these appliances support 3TB–8TB of disaggregated memory, unlocking 2–3× memory scaling per CPU/GPU node for AI inference, in-memory databases, and data-intensive analytics.
Strategic Partnership with ASUS
“TORmem’s vision of memory disaggregation is a game-changer for AI infrastructure,” said Thao Nguyen, Founder and CEO of TORmem. “By decoupling memory from compute, we empower data centers to scale efficiently while maintaining ultra-low latency. Our partnership with ASUS ensures enterprise-grade quality and global scalability.”
“ASUS is proud to collaborate with TORmem to bring this revolutionary platform to market,” said Timothy Lin, VP of Product Management at ASUS. “Together, we’re addressing the critical memory and networking challenges faced by cloud providers, enterprises, and research institutions.”
TORswitch: Redefining AI Networking
The TORswitch-400-32QX2S, TORmem’s 32-port 400G Ethernet switch, powered by Marvell’s advanced networking silicon, delivers industry-leading density and low latency for AI training and inference. Entering volume production in Q4 2025 through a trusted ODM partner, TORswitch ensures seamless integration with TORmem appliances for end-to-end performance.
Key Benefits
Up to 50% Lower TCO: Eliminate memory overprovisioning and optimize resources.
Flexible Architecture: Seamlessly supports CXL 2.0, PCIe Gen5, and RDMA for diverse workloads.
Future-Proof Design: Built for evolving AI workloads with 400G Ethernet and DDR5-6400.
Production-Ready: Appliances manufactured by ASUS, switches in production Q4 2025.
Actionable Next Steps
Join the AI Revolution: Be the first to experience TORmem’s platform through our Proof of Concept (PoC) program. Test 3TB–8TB memory appliances and TORswitch 100G/400G with dedicated support to optimize your AI and enterprise deployments.
With AI driving unprecedented demand for memory and bandwidth, TORmem’s platform positions enterprises, cloud providers, and research institutions to stay ahead. “Our technology democratizes supercomputer-grade performance, making it accessible to a new class of server operators,” said Nguyen.
Highlights:
3TB–8TB RDMA and CXL 2.0–based memory appliances built with ASUS
100G/400G TORswitch powered by Marvell, production-ready Q4 2025.
PoC program is open now for early adopters.
About TORmem Built for AI. Designed for Scale. Backed by Innovation. TORmem Inc. delivers memory-centric solutions for AI, HPC, and cloud computing. By leveraging RDMA, CXL 2.0, PCIe Gen5, and 400G networking, TORmem eliminates memory bottlenecks while optimizing cost and performance. With ASUS as a manufacturing partner and Marvell’s cutting-edge silicon, TORmem ensures quality, scalability, and global reach.
NORTH BILLERICA, MA / ACCESS Newswire / July 21, 2025 / Tecogen Inc. (“Tecogen” or “Company”), (NYSE American:TGEN), a leading manufacturer of clean energy products, today announced the closing of its previously announced underwritten public offering of 3,985,000 shares of common stock, including the full exercise by the underwriter of its option to purchase an additional 485,000 shares, at a public offering price of $5.00 per share. The gross proceeds from the offering to Tecogen before deducting underwriting discounts and commissions and other offering expenses were approximately $19,925,000.
Roth Capital Partners LLC acted as sole manager and underwriter for the offering.
Tecogen intends to use the net proceeds from the offering for continued product development, increased sales and marketing activities, sales, marketing, additional human resources, capital expenditures, and other costs and expenses it may incur in connection with its anticipated expansion into the data center market, and for general working capital and corporate purposes.
The securities described above are being offered pursuant to a Registration Statement on Form S-1 (File No. 333-288668), that was filed with the Securities and Exchange Commission (“SEC”) on July 15, 2025, as amended, and a Registration Statement on Form S-1 filed with the SEC pursuant to Rule 462(b) under the Securities Act. The offering was made by means of a written preliminary prospectus that forms a part of the registration statement. A final prospectus relating to the offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov and may also be obtained by contacting Roth Capital Partners, LLC, at 888 San Clemente Drive, Newport Beach, CA 92660, telephone (800) 678-9147 or by email at rothecm@roth.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities being offered, nor shall there be any sale of the securities being offered in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Tecogen
Tecogen Inc. designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company provides cost effective, environmentally friendly and reliable products for energy production that nearly eliminate criteria pollutants and significantly reduce a customer’s carbon footprint. In business for over 35 years, Tecogen has shipped more than 3,200 units, supported by an established network of engineering, sales, and service personnel in key markets in North America. For more information, please visit www.tecogen.com.
Forward Looking Statements
This press release contains “forward-looking statements” which may describe strategies, goals, outlooks or other non-historical matters, or projected revenues, income, returns or other financial measures, that may include words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “project,” “target,” “potential,” “will,” “should,” “could,” “likely,” or “may” and similar expressions intended to identify forward-looking statements. Tecogen intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors and actual results may differ from those indicated by those forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements.
Important factors that could cause the actual results to differ materially from those indicated in the forward looking statements include the risks and uncertainties described in our Annual Report on Form 10-K for the year ended December 31, 2024, our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, and in our Current Reports on Form 8-K, under “Risk Factors,” and elsewhere therein and in the registration statement and prospectus relating to the offering. Forward-looking statements speak only as of the date on which they are made. Tecogen undertakes no obligation to update or revise any forward-looking statements except as required under applicable law.
Tecogen Media & Investor Relations Contact Information:
