DENSO Receives IEEE Corporate Innovation Award for Developing and Spreading Use of QR Code JCN Newswire

DENSO Receives IEEE Corporate Innovation Award for Developing and Spreading Use of QR Code

KARIYA, JAPAN, Dec 2, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO Corporation today announced it has received the IEEE Corporate Innovation Award from IEEE,(1) the largest international association for electrical and electronic engineering in the world, for developing the QR Code(2) and spreading its use globally.The IEEE Corporate Innovation Award, one of the most prestigious technical awards in the world, is presented to organizations that have made a significant global impact with innovative technologies and products and contributed to the development of electrical and electronic engineering. Established by IEEE in 1985, the award has been presented to leading companies and organizations worldwide. DENSO has become the sixth Japanese company to receive this recognition.The QR Code was developed in 1994 by DENSO's applied equipment engineering section (currently DENSO WAVE) as an easy-to-read code that can store a large amount of information. The innovative two-dimensional code can store about 200 times more information than barcodes and can be read at high speed. DENSO started to use the code mainly for inventory management at its manufacturing plants, and later made the patent available free of charge, enabling it to spread globally. In the early 2000s, the QR Code became familiar to the general public in line with the growing use of mobile phones equipped with cameras. Today, it is widely used in many daily life applications, including electronic tickets and cashless payments. In 2020, the QR Code was recognized as an IEEE Milestone(3) for its outstanding contribution.Even 28 years after it was invented, the QR Code continues to evolve with the addition of new functions. DENSO WAVE developed SQRC,(4) which can carry two types of data (public and private) in a single code, Face Authentication SQRC, which can turn facial feature points into a QR Code, and Frame QR,(5) which offers design flexibility. The QR Code is contributing to personal identification, prevention of counterfeiting and information falsification, and generation of electronic tickets.DENSO remains committed to developing innovative technologies that contribute to society and industry.(1) The Institute of Electrical and Electronics Engineers, Inc.Headquartered in the United States, it is the world's largest engineering academy with more than 400,000 members in more than 160 countries.(2), (4), and (5) QR Code, SQRC, and Frame QR are registered trademarks of DENSO WAVE Incorporated.(3) An IEEE Milestone commends a historic achievement which has greatly assisted the development of society and industry in electrical and electronic engineering.For more information, visit www.denso.com/global/en/news/newsroom/2022/20221202-g01/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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SKYX Platforms to Introduce its Upcoming Gen-1 Game-Changing Platform Technology Video Demo ACN Newswire

SKYX Platforms to Introduce its Upcoming Gen-1 Game-Changing Platform Technology Video Demo

MIAMI, FL, Aug 25, 2022 - (ACN Newswire via SEAPRWire.com) - SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") ("SKYX," "we" or "the Company"), a highly disruptive platform technology company with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today announced the introduction of a demo video of its Gen-1 game-changing ceiling platform technology, the specifications of which just received a historical approval vote by ANSI / NEMA, the leading U.S. standardization organizations for homes, buildings and the electrical industry.Hundreds of millions of lengthy installations of light fixtures take place, all while people risk their lives by touching hazardous electrical wires while standing on ladders. These risks result in millions of hazardous incidents including shorts, fires, falls from ladders, electrocutions, injuries and death. These hazardous incidents can be greatly reduced or even eliminated by using the SKYX plug and play ceiling outlet receptacle. The SKYX technology simplifies the installation process while significantly reducing both time and cost, as well as substantially reducing hazardous incidents, injuries, and death.The specifications of the new SKYX safe weight-supporting plug & play ceiling outlet/receptacle were approved by the U.S. leading home and building standardization organizations, the American National Standards Institute ("ANSI") and the National Electrical Manufacturers Association ("NEMA"). Below is the video demo link of SKYX's Gen-1 product including the ANSI / NEMA approved safe plug & play ceiling outlet/receptacle.Video Link: http://skyxplug.com/videoSteve Schmidt, former CEO of Nielsen Corporation and former President of Office Depot International and current President of SKYX Platforms, said: "We are extremely proud to introduce our Gen-1 smart and safe technology platform towards our upcoming product launch. We strongly believe that the simplicity of our technology, as well as its safety aspects, will revolutionize the lighting and ceiling fan industries by enabling people to install fixtures safer, faster, and more often."Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: "Introducing our Gen-1 video demo is an important step in our market education process as it will demonstrate how safe, simple, cost and time saving our solution is. It's about time that people stop risking their lives while installing light fixtures and ceiling fans. The significant advantages of our smart plug & play Gen-1 technology will enhance innovation as well as fixture replacement."About SKYX Platforms Corp.As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the standard. SKYX Platforms Corp. (NASDAQ:SKYX) has a series of highly disruptive advanced-safe-smart platform technologies, with over 60 U.S. and global patents and patent pending applications. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyxplug.com or follow us on LinkedIn.Cautionary Statement Concerning Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause the Company's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Our estimates of the addressable market for our products may prove to be incorrect. The projected demand for our products could materially differ from actual demand. Forward-looking statements speak only as of the date they are made and include statements relating to the Company's ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its smart products and technologies, including commencement of presales, the Company's efforts and ability to drive the adoption of Sky's Plug Smart Platforms into multi-family residential buildings and communities and adoption by hotels, ability to capture market share, ability to execute on any sales and licensing opportunities, ability to achieve code mandatory status for the SkyPlug, and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission. In particular, the American National Standards Institute's (ANSI) and the National Electrical Manufacturers Association's (NEMA) vote for the standardization of the Company's weight-bearing plug and outlet/receptacle for ceilings does not guarantee approval by the National Fire Protection Association's (NFPA) Committee on the National Electrical Code (which consists of multiple code-making panels and a technical correlating committee and develops the National Electrical Code (NEC)) or any other trade or regulatory organization and does not guarantee that any of the Company's products will become National Electrical Code (NEC)-code mandatory in any jurisdiction, or that any of the Company's current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all. There can be no assurance as to any of these matters. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.Investor Relations Contact:Lucas A. ZimmermanMZ North America(949) 259-4987SKYX@mzgroup.usSOURCE: SKYX Platforms Corp. dba Sky Technologies Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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