DDPAI's Riyadh Exclusive VIP Event Showcases SmartGuard Innovations and Unveils Golden Deluxe Edition
RIYADH, Saudi Arabia, May 15, 2025 (GLOBE NEWSWIRE) -- DDPAI hosted its exclusive VIP Product Experience Event in Riyadh, gathering invited guests for a premium, invitation-only experience under the theme 'DDPAI SmartGuard.' Set against an elegant backdrop, the event reflected the brand's core philosophy—'For Everyone's Journey Safety'—while unveiling innovations tailored to the evolving needs of Middle Eastern drivers.At the heart of the event was DDPAI's holistic approach to smart driving safety. Rather than focusing solely on hardware upgrades, the brand introduced its SmartGuard concept—an integrated solution combining intelligent imaging, real-time connectivity, and all-scenario protection. Showcased products like the new Z60 Pro, DDPAI's flagship 3-channel dash cam, demonstrated how advanced imaging and remote features can elevate daily driving safety to a new level. Meanwhile, the upgraded N5 4G brought radar-assisted parking surveillance into the spotlight—now enhanced by 4G remote connectivity. This powerful combination enables instant motion sensing, real-time alerts, and even two-way voice communication, transforming passive monitoring into an active, responsive defense system—no matter how far you are from the vehicle.Together, these innovations underscored DDPAI's commitment to intelligent, seamless protection—on the road and beyond.
A true highlight of the evening was the world debut of the Z60 Pro Golden Edition—a luxury limited-edition.
Finished in gold and adorned with a diamond-set lens, this collectible-grade dash cam blends refined aesthetics with powerful functionality, becoming a statement piece that symbolizes both status and innovation.
The event concluded with a reaffirmation of DDPAI's long-term vision for the region. As the brand continues to deepen its presence in the Middle East, it remains focused on local adaptation, smart imaging, and user-centric innovation. Through SmartGuard, DDPAI aims to shape a premium driving experience that seamlessly integrates safety, technology, and lifestyle.
From intelligent protection to luxury-grade innovation, DDPAI stands beside its users—protecting every journey, every mile.
Contact: overseas@ddpai.com
Photos accompanying this announcement are available at:https://www.globenewswire.com/NewsRoom/AttachmentNg/c9a599e6-0cf1-4a13-ab9f-f1ba5345b25dhttps://www.globenewswire.com/NewsRoom/AttachmentNg/a145f43b-2187-4f34-86d9-153eac17dc32https://www.globenewswire.com/NewsRoom/AttachmentNg/5809fdcc-07e6-447d-87c5-0f8661af4862Sign in to access your portfolio
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CNBC
6 hours ago
- CNBC
Oil prices jump 4% after U.S. strikes on Iran raise fears of supply disruption
Oil futures jumped 4% at the start of the first trading session since the U.S. launched direct attacks against Iran, casting further shadow over the supply outlook in the embattled oil-rich Middle Eastern region. U.S. crude oil rose $3.12, or 4.23%, to $76.96 per barrel, while global benchmark Brent jumped $3.27, or 4.25%, to $80.28 per barrel. U.S. President Donald Trump on Saturday surprised markets with the announcement that Washington had directly entered the Iran-Israel conflict, launching attacks against three Iranian nuclear sites in Fordo, Natanz and Isfahan. Iran's foreign minister said Sunday that the Islamic Republic reserves "all options" to defend its sovereignty and people, amid ongoing fire exchanges between Iran and Israel. U.S. Secretary of State Marco Rubio has warned Iran against attempting to close the Strait of Hormuz, a narrow waterway that is critical for the global oil market. Some 20 million barrels per day of crude, or 20% of global consumption, flowed through the strait in 2024, according to the Energy Information Administration. Iranian state media reported that Iran's parliament had backed closing of the strait, citing a senior lawmaker. However, the final decision to close the strait lies with Iran's national security council, according to the report. "It's economic suicide for them if they do it, and we retain options to deal with that," Rubio told Fox News. "It would hurt other countries' economies a lot worse than ours. It would be, I think, a massive escalation that would merit a response, not just by us, but from others." Iran produced 3.3 million bpd in May, according to OPEC's monthly oil market report released in June, which cites independent analyst sources. It exported 1.84 million bpd last month, with the vast majority sold to China, according to data from Kpler. Rubio called on China to use its influence to prevent Tehran from closing the strait. About half of China's waterborne crude oil imports comes from the Persian Gulf, according data to Kpler. "I encourage the Chinese government in Beijing to call them about that, because they heavily depend on the Straits of Hormuz for their oil," Rubio told Fox News. Investors are also watching the odds of a further destabilization of the Iranian regime as a result of U.S.-Israeli hostilities, given the example of the long-spanning impact that the 2011 NATO-led ousting of Muammar Gaddafi had on Libya's supplies. Tensions have likewise ramped up in neighboring Iraq, OPEC's second-largest producer, where pro-Tehran militia have previously threatened Washington, should it target Iran's supreme leader, Ayatollah Ali Khamenei. On Sunday, Iran's Revolutionary Guard warned that "the US bases in the region are not their strength but rather their greatest vulnerability" without specifying particular sites, according to Google-translated comments carried by Iranian news agency Fars. Fledgling, but revived diplomatic ties between former rivals Iran and Saudi Arabia could meanwhile diffuse the possibility of disruptions in the supply of the world's largest crude exporter. "The Kingdom of Saudi Arabia is following with deep concern the developments in the Islamic Republic of Iran, particularly the targeting of Iranian nuclear facilities by the United States of America," the Saudi foreign ministry said on Sunday. Riyadh, a close U.S. ally in the Middle East, has limited its involvement in the Iran-Israel offensives. Back in 2019 — four years before resuming diplomatic relations with Iran — Saudi Arabia's oil installation facilities at Abqaiq and Khurais sustained damage during attacks that were claimed by the Houthis, but for which Riyadh and the U.S. said Iran bore responsibility. Tehran denied involvement. At the resumption of Israeli-Iranian fire last week, the International Energy Agency's chief Fatih Birol said the institution was monitoring the developments and that "markets are well supplied today but we're ready to act if needed," with 1.2 billion barrels of emergency stocks on standby.


Business Upturn
7 hours ago
- Business Upturn
WGS Investor News: If You Have Suffered Losses in GeneDx Holdings Corp. (NASDAQ: WGS), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
NEW YORK, June 22, 2025 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of GeneDx Holdings Corp. (NASDAQ: WGS) resulting from allegations that GeneDx may have issued materially misleading business information to the investing public. SO WHAT: If you purchased GeneDx securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. WHAT IS THIS ABOUT: On February 5, 2025, Grizzly Research published a report entitled 'Insiders Attest that GeneDx (Nasdaq: WGS) Is Actively Committing Widespread Fraud.' Grizzly stated that GeneDx's 'growth is largely an illusion, driven by fraudulent schemes and illegal tactics deliberately aimed at exploiting Medicaid and Medicare systems to artificially inflate revenue.' On this news, On this news, GeneDx's stock fell $4.84 per share, or 6.7%, to close at $67.18 per share on February 5, 2025. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. ——————————- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected]


Business Upturn
7 hours ago
- Business Upturn
INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Red Cat Holdings, Inc. (RCAT) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
SAN DIEGO, June 22, 2025 (GLOBE NEWSWIRE) — The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Red Cat Holdings, Inc. (NASDAQ: RCAT) securities between March 18, 2022 and January 15, 2025, inclusive (the 'Class Period'), have until Tuesday, July 22, 2025 to seek appointment as lead plaintiff of the Red Cat class action lawsuit. Captioned Olsen v. Red Cat Holdings, Inc. , No. 25-cv-05427 (D.N.J.), the Red Cat class action lawsuit charges Red Cat as well as certain of Red Cat's top current and former executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Red Cat class action lawsuit, please provide your information here: You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected]. CASE ALLEGATIONS: Red Cat, together with its subsidiaries, provides products and solutions to drone industry. Red Cat's products include, among others, the 'Teal 2' drone, a small, unmanned aircraft system designed to purportedly 'Dominate the Night' during nighttime military operations. The Red Cat class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Red Cat's Salt Lake City facility's production capacity, and defendants' progress in developing the same, was overstated; and (ii) the overall value of Red Cat's Short Range Reconnaissance Program of Record Tranche 2 contract (the 'SRR Contract') was overstated. The Red Cat class action lawsuit further alleges that on July 27, 2023, Red Cat revealed that its Salt Lake City facility could only currently produce 100 drones per month, the facility was still being built, refined, and expanded, and that construction of the facility was only 'substantially completed' and potentially could reach a production capacity of 1,000 drones per month over the next 2 to 3 years, but only with additional capital investments and manufacturing efficiencies realized. On this news, the price of Red Cat stock fell nearly 9%, according to the complaint. Then, on September 23, 2024, the Red Cat class action lawsuit further alleges that Red Cat announced its financial results for the first quarter of fiscal year 2025, reporting losses per share of $0.17, missing consensus estimates by $0.09, and revenue of $2.8 million, missing consensus estimates by $1.07 million. According to the complaint, Red Cat further disclosed that Red Cat had spent 'the past four months . . . retooling [the Salt Lake City facility] and preparing for high volume production,' while admitting that a 'pause in manufacturing of Teal 2 and building Army prototypes impacted Teal 2 sales' because, among other things, Red Cat 'couldn't produce and sell Teal 2 units while retooling [its] factory.' The Red Cat class action lawsuit alleges that on this news, the price of Red Cat stock fell more than 25%. Finally, the Red Cat class action lawsuit further alleges that on January 16, 2025, Kerrisdale Capital published a report alleging that '[t]he SRR contract that Red Cat won in November and preemptively announced without the Army's permission is much smaller and less favorable than management as intimated,' and that '[i]t's highly implausible that a mass-production facility for manufacturing drones has been built at any point in the last two years for less than $1 million.' On this news, the price of Red Cat stock fell more than 21% over two trading sessions, according to the complaint. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Red Cat securities during the Class Period to seek appointment as lead plaintiff in the Red Cat class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Red Cat class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Red Cat class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Red Cat class action lawsuit. ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP J.C. Sanchez, Jennifer N. Caringal 655 W. Broadway, Suite 1900, San Diego, CA 92101 800-449-4900 [email protected]