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Masimo Partners with Qualcomm to Develop Next-Generation Smartwatch Reference Platform for Original Equipment Manufacturers
Comprehensive Platform Combines Masimo (NASDAQ:)’s Industry-leading Biosensing Capabilities with Snapdragon Wearable Platforms to Expand the Wear OS by Google™ Ecosystem
IRVINE, Calif.–(BUSINESS WIRE)–Masimo (NASDAQ: MASI), a leading global medical innovator, and Qualcomm (NASDAQ:) Technologies, Inc., whose Snapdragon ® branded platforms power extraordinary consumer experiences, today announced that Masimo is partnering with Qualcomm Technologies to develop a next-generation smartwatch reference platform for original equipment manufacturers (OEMs) building Wear OS by Google (NASDAQ:) smartwatches. The powerhouse combination of Masimo’s clinically proven, breakthrough biosensing technologies “ based on its decades of expertise designing industry-leading hospital monitoring solutions “ and best-in-class Snapdragon wearable platforms will help scale the wearable ecosystem. Forging the future of wearable devices, the reference platform will allow OEMs to more efficiently build and bring high-performing, premium smartwatches to market. The platform will also benefit from a robust suite of Masimo health and wellness tracking tools that consumers can trust to provide accurate, reliable data; it will use exclusively high-performance and ultra-low power system-on-a-chips (SoCs) alongside industry-leading wireless and cellular communications from Qualcomm Technologies to enable a superior connectivity experience.
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Qualcomm Technologies and Masimo (Photo: Business Wire)
Joe Kiani, Founder and CEO of Masimo, said, We’re thrilled to be able to partner with Qualcomm Technologies, to whom we naturally turned to supply the chips in our own forthcoming Masimo Freedom™ wearable, to craft a truly remarkable reference platform. It’s a platform driven by the belief that when key smartwatch components are supplied by the leading experts in their field, the harmonious whole produces something even greater than the sum of those excellent parts. In short, Qualcomm Technologies and Masimo engineers are working together to optimize the ˜guts’ of the smartwatch. Masimo’s ability to craft precision monitoring technologies and advanced signal processing algorithms, combined with meticulously engineered, high-performing, low-power Snapdragon systems, is a compelling foundation. We expect this new wearable platform to supercharge smartwatch OEMs’ abilities to create competitive, desirable smartwatches for consumers everywhere. I look forward to partnering with a company as well known for its commitment to innovation as Masimo.
Dino Bekis, Vice President and General Manager, Wearables and Mixed Signal Solutions at Qualcomm Technologies, Inc., said, Beginning with Snapdragon W5+ Gen 1, this collaboration will significantly broaden the range of smartwatch choices for consumers and further enhance the already exceptional Wear OS experience. With these reference designs, OEMs will benefit from robust, production-ready designs, incorporating Masimo’s state-of-the-art biosensing technology and Qualcomm Technologies’ leading Snapdragon wearable platforms. It will ultimately enable them to seamlessly bring their smartwatches to market rapidly and at scale.
OEMs who adopt the new reference platform will continue to design and produce their new smartwatches’ physical exteriors and have creative control over the appearance of the user interface. The devices’ interiors, including Snapdragon wearable platforms and Masimo biosensors, will be designed, provided, and tested by Masimo to ensure premium performance and an unmatched user experience. Health and wellness capabilities will feature the same biosensing innovations and analytics that power Masimo W1 ® and forthcoming Masimo Freedom “ technology based on Masimo’s clinically proven, industry-leading Signal Extraction Technology ® (SET ®). The Masimo reference platform will make all of these components, features, and benefits available for Wear OS smartwatch manufacturers in an easy-to-implement, standardized package.
Snapdragon is a trademark or registered trademark of Qualcomm Incorporated. Snapdragon is a product of Qualcomm Technologies, Inc. and/or its subsidiaries.
Wear OS by Google is a trademark of Google LLC.
@Masimo | #Masimo
About Masimo
Masimo (NASDAQ: MASI) is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, patient monitors, and automation and connectivity solutions. In addition, Masimo Consumer Audio is home to eight legendary audio brands, including Bowers & Wilkins, Denon, Marantz, and Polk Audio. Our mission is to improve life, improve patient outcomes, and reduce the cost of care. Masimo SET ® Measure-through Motion and Low Perfusion™ pulse oximetry, introduced in 1995, has been shown in over 100 independent and objective studies to outperform other pulse oximetry technologies.1 Masimo SET ® has also been shown to help clinicians reduce severe retinopathy of prematurity in neonates,2 improve CCHD screening in newborns,3 and, when used for continuous monitoring with Masimo Patient SafetyNet™ in post-surgical wards, reduce rapid response team activations, ICU transfers, and costs.4-5 Masimo SET ® is estimated to be used on more than 200 million patients in leading hospitals and other healthcare settings around the world,6 and is the primary pulse oximetry at all 10 top U.S. hospitals as ranked in the 2024 Newsweek World’s Best Hospitals listing.7 In 2005, Masimo introduced rainbow ® Pulse CO-Oximetry technology, allowing noninvasive and continuous monitoring of blood constituents that previously could only be measured invasively, including total hemoglobin (SpHb ®), oxygen content (SpOC™), carboxyhemoglobin (SpCO ®), methemoglobin (SpMet ®), Pleth Variability Index (PVi ®), RPVi™ (rainbow ® PVi), and Oxygen Reserve Index (ORi™). In 2013, Masimo introduced the Root ® Patient Monitoring and Connectivity Platform, built from the ground up to be as flexible and expandable as possible to facilitate the addition of other Masimo and third-party monitoring technologies; key Masimo additions include Next Generation SedLine ® Brain Function Monitoring, O3 ® Regional Oximetry, and ISA™ Capnography with NomoLine ® sampling lines. Masimo’s family of continuous and spot-check monitoring Pulse CO-Oximeters ® includes devices designed for use in a variety of clinical and non-clinical scenarios, including tetherless, wearable technology, such as Radius-7 ®, Radius PPG ®, and Radius VSM™, portable devices like Rad-67 ®, fingertip pulse oximeters like MightySat ® Rx, and devices available for use both in the hospital and at home, such as Rad-97 ® and the Masimo W1 ® Medical Watch. Masimo hospital and home automation and connectivity solutions are centered around the Masimo Hospital Automation™ platform, and include Iris ® Gateway, iSirona™, Patient SafetyNet, Replica ®, Halo ION ®, UniView ®, UniView :60™, and Masimo SafetyNet ®. Its growing portfolio of health and wellness solutions includes Radius T º ® and Masimo W1 Sport. Additional information about Masimo and its products may be found at www.masimo.com. Published clinical studies on Masimo products can be found at www.masimo.com/evidence/featured-studies/feature/.
References
- Published clinical studies on pulse oximetry and the benefits of Masimo SET ® can be found on our website. Comparative studies include independent and objective studies which are comprised of abstracts presented at scientific meetings and peer-reviewed journal articles.
- Castillo A et al. Prevention of Retinopathy of Prematurity in Preterm Infants through Changes in Clinical Practice and SpO2 Technology. Acta Paediatr. 2011 Feb;100(2):188-92.
- de-Wahl Granelli A et al. Impact of pulse oximetry screening on the detection of duct dependent congenital heart disease: a Swedish prospective screening study in 39,821 newborns. BMJ. 2009;Jan 8;338.
- McGrath S et al. Surveillance Monitoring Management for General Care Units: Strategy, Design, and Implementation. The Joint Commission Journal on Quality and Patient Safety. 2016 Jul;42(7):293-302.
- McGrath S et al. Inpatient Respiratory Arrest Associated With Sedative and Analgesic Medications: Impact of Continuous Monitoring on Patient Mortality and Severe Morbidity. J Patient Saf. 2020 14 Mar.
- Estimate: Masimo data on file.
- https://www.newsweek.com/rankings/worlds-best-hospitals-2024/united-states
Forward-Looking Statements
This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, in connection with the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among others, statements regarding the future development, efficiency, potential performance and adoption of the new Masimo reference platform (the Platform) and Masimo’s collaboration with Qualcomm. These forward-looking statements are based on current expectations about future events affecting us and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond our control and could cause our actual results to differ materially and adversely from those expressed in our forward-looking statements as a result of various risk factors, including, but not limited to: risks related to our belief that Masimo’s unique noninvasive measurement technologies, including the Platform, contribute to accurate, reliable data; risks related to our belief that Masimo noninvasive medical breakthroughs provide cost-effective solutions and unique advantages; risks related to the assumption that the Platform will be available for integration into future OEM smartwatches; risks related to our belief that the Platform and OEMs will benefit from the collaboration with Qualcomm; risks related to COVID-19; as well as other factors discussed in the “Risk Factors” section of our most recent reports filed with the Securities and Exchange Commission (“SEC”), which may be obtained for free at the SEC’s website at www.sec.gov. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today’s date. We do not undertake any obligation to update, amend or clarify these statements or the “Risk Factors” contained in our most recent reports filed with the SEC, whether as a result of new information, future events or otherwise, except as may be required under the applicable securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240914175461/en/
Masimo
Evan Lamb
949-396-3376
elamb@masimo.com
Source: Masimo
By Fedja Grulovic
TRUSINA, Bosnia (Reuters) – Women sat on the ground in tears in the Bosnian village of Trusina on Sunday as an excavator dug through the remains of their homes that were destroyed in the country’s deadliest floods in years.
A flash flood swept through the Jablanica area, southwest of Sarajevo on Friday, killing at least 15 people, the cantonal government said, and the search for those missing continued on Sunday.
In Trusina, no people were reported to have died, but houses, orchards and gardens were devastated.
“It is difficult to believe that an orchard, garage, car and another smaller house was here,” Duda Sutlic said “Everything disappeared in 10 minutes.”
“I was happy here. I had a life and I worked hard. Today I have no strength. All we have left now are our pensions – 500 marka ($282.21).”
A meteorologist Nedim Sladic told N1 TV that in under six hours, the region around Jablanica received as much rain as usually falls in three or four months.
Ecologists say the floods in Bosnia have been particularly damaging because years of neglect of river beds, deforestation and uncontrolled construction and exploitation of wood and stone have aggravated the impact of climate change.
Other parts of Europe have also been hard hit by flooding as well as extreme heat and wildfires.
“Everything that my father created and that I have created after him disappeared in 30 minutes,” Admir Poturovic, another resident of Trusina said.
“But life goes on. One has to move on” he said.
($1 = 1.7717 marka)
Stock Markets
OceanaGold’s Waihi North and Macraes Listed as Proposed Projects Under the Fast-track Approvals Bill in New Zealand
VANCOUVER, BC, Oct. 6, 2024 /PRNewswire/ – OceanaGold (OTC:) Corporation (TSX: OGC) (OTCQX: OCANF) (“OceanaGold” or the “Company”) welcomes the inclusion of projects at both our Waihi and Macraes mines in the list of proposed projects under the New Zealand Government’s Fast-track Approvals Bill for regionally and nationally significant infrastructure and development projects.
Yesterday, the New Zealand Government released the names of 149 Listed Projects that will be eligible to apply for approvals through processes under the proposed Fast-track Approvals Act. Included in the list was the Waihi North Project, which includes the highly prospective Wharekirauponga (WKP) proposed underground mine, as well as the Macraes Phase 4 Project, a mine extension permit.
Gerard Bond, President & CEO of OceanaGold, said “I am delighted to see both of our projects on the list for consideration under the new Fast-track Approvals Bill. We welcome a clear and timely regulatory process in New Zealand which supports the development of projects that can provide economic benefits while respecting important environmental, cultural and social protections. Expediting the permitting of our projects will preserve the jobs of 1,000 employees we have in New Zealand, provides new jobs and will deliver wider economic benefits for the local communities and the country.”
The Fast-track Approvals Bill is expected to be passed into law later this year, allowing listed projects to apply directly to a Government-appointed expert panel for final decision.
www.oceanagold.com
About OceanaGold
OceanaGold is a growing intermediate gold and producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.
Cautionary Statement for Public Release
Certain information contained in this public release may be deemed “forward-looking” within the meaning of applicable securities laws. Forward-looking statements and information relate to future performance and reflect the Company’s expectations regarding the generation of free cash flow, execution of business strategy, future growth, future production, estimated costs, results of operations, business prospects and opportunities of OceanaGold Corporation and its related subsidiaries. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those expressed in the forward-looking statements and information. They include, among others, the accuracy of mineral reserve and resource estimates and related assumptions, inherent operating risks and those risk factors identified in the Company’s most recent Annual Information Form prepared and filed with securities regulators which is available on SEDAR+ at www.sedarplus.com under the Company’s name. There are no assurances the Company can fulfil forward-looking statements and information. Such forward-looking statements and information are only predictions based on current information available to management as of the date that such predictions are made; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond the Company’s control. Although the Company believes that any forward-looking statements and information contained in this press release is based on reasonable assumptions, readers cannot be assured that actual outcomes or results will be consistent with such statements. Accordingly, readers should not place undue reliance on forward-looking statements and information. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements and information, whether as a result of new information, events or otherwise, except as required by applicable securities laws. The information contained in this release is not investment or financial product advice.
Stock Markets
Thousands stage pro-Palestinian protests worldwide, on eve of Oct 7 attack that triggered Gaza war
PARIS (Reuters) – Thousands of pro-Palestinian demonstrators protested in cities around the world on Sunday on the eve of the first anniversary of the deadly Oct. 7 Hamas attack on Israel that triggered the war in Gaza.
Demonstrations were held in major cities from Jakarta to Istanbul to Rabat, and followed protests on Saturday in major European capitals as well as Washington and New York.
“We are here to support the Palestinian resistance,” said protester Ahmet Unal in Istanbul, where thousands assembled.
In Paris, the Jewish community gathered on Sunday to mark one year since the attack by Palestinian militant group Hamas, when militants attacked southern Israeli communities, killing 1,200 people and taking about 250 hostages, according to Israeli figures.
Israel’s subsequent military campaign against Hamas in Gaza has killed nearly 42,000 Palestinians, according to Gaza’s health ministry, and laid waste to the enclave.
Israel launched air attacks on Beirut’s southern suburbs overnight and early on Sunday, the most intense bombardment of the Lebanese capital since Israel sharply escalated its campaign against Iranian-backed group Hezbollah last month.
In Jakarta, the capital of Indonesia, the world’s most populous Muslim-majority country, at least 1,000 pro-Palestinian protesters gathered on Sunday morning near the U.S. embassy demanding that Washington stop supplying weapons to Israel.
In Sydney, thousands of pro-Palestinian protesters gathered ahead of the Oct. 7 anniversary, chanting and waving Lebanese and Palestinian flags amid a heavy police presence.
One person was arrested for waving an Israeli flag with a swastika in the middle of it instead of the Star of David.
In Rabat, thousands of Moroccans marched, calling for a halt to the violence in Gaza and Lebanon, in one of the largest protests in the country since the beginning of the war in Gaza.
Protesters demanded an end to Morocco’s diplomatic ties with Israel, chanting “no to normalisation, Palestine is not for sale,” referring to Morocco’s establishing of diplomatic relations with Israel.
Over the past year, the scale of the killing and destruction in Gaza has prompted some of the biggest global demonstrations in years, including in the U.S., which saw weeks of pro-Palestinian college campus encampments.
Advocates have raised concerns over antisemitic and Islamophobic rhetoric in some protests and counter-protests related to the conflict. Rights advocates have warned about rising threats against Jews and Muslims around the world.
The United States and other allies have supported Israel’s right to self-defence, but Israel has faced wide international condemnation over its actions in Gaza, and now over its bombarding of Lebanon.
Prime Minister Benjamin Netanyahu says his government is acting to prevent a repeat of the Oct. 7 assault by Hamas.
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