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Smart City Success in Malaysia: A Reproducible Model Powered by thethings.iO - MTi's IoT Platform

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Affluence Corporation (OTCID:AFFU) has announced the successful completion of the Medini Smart City Management Platform (MSCMP) in Iskandar, Malaysia. The project was delivered through a partnership between BCN Smart Technologies and AFFU's subsidiary Mingothings International (MTi).

The platform, powered by MTi's thethings.iO IoT technology, serves as the central dashboard for Iskandar Investment Berhad (IIB) and integrates IoT solutions for environmental monitoring. The first phase is now operational, featuring real-time air quality monitoring, with plans for expansion into other city management verticals. The system is showcased at IIB's Smart City Experience Centre in Medini, serving as a model for Malaysia's ambition to create its first net carbon zero city.

Affluence Corporation (OTCID:AFFU) ha annunciato il completamento con successo della Medini Smart City Management Platform (MSCMP) a Iskandar, Malaysia. Il progetto è stato realizzato grazie a una collaborazione tra BCN Smart Technologies e la controllata di AFFU, Mingothings International (MTi).

La piattaforma, basata sulla tecnologia IoT thethings.iO di MTi, funge da dashboard centrale per Iskandar Investment Berhad (IIB) e integra soluzioni IoT per il monitoraggio ambientale. La prima fase è ora operativa, con il monitoraggio in tempo reale della qualità dell'aria, e sono previsti sviluppi per altre aree della gestione urbana. Il sistema è esposto presso l'Smart City Experience Centre di IIB a Medini, rappresentando un modello per l'ambizione della Malaysia di creare la sua prima città a emissioni nette zero di carbonio.

Affluence Corporation (OTCID:AFFU) ha anunciado la finalización exitosa de la Plataforma de Gestión de la Ciudad Inteligente Medini (MSCMP) en Iskandar, Malasia. El proyecto se llevó a cabo mediante una asociación entre BCN Smart Technologies y la subsidiaria de AFFU, Mingothings International (MTi).

La plataforma, impulsada por la tecnología IoT thethings.iO de MTi, funciona como el panel central para Iskandar Investment Berhad (IIB) e integra soluciones IoT para el monitoreo ambiental. La primera fase ya está en funcionamiento, con monitoreo en tiempo real de la calidad del aire, y se planea expandir a otras áreas de gestión urbana. El sistema se exhibe en el Smart City Experience Centre de IIB en Medini, sirviendo como modelo para la ambición de Malasia de crear su primera ciudad con emisiones netas de carbono cero.

Affluence Corporation (OTCID:AFFU)는 말레이시아 이스칸다르에서 Medini 스마트 시티 관리 플랫폼(MSCMP)을 성공적으로 완성했다고 발표했습니다. 이 프로젝트는 BCN 스마트 테크놀로지와 AFFU의 자회사 Mingothings International(MTi) 간의 파트너십을 통해 진행되었습니다.

MTi의 thethings.iO IoT 기술로 구동되는 이 플랫폼은 Iskandar Investment Berhad(IIB)의 중앙 대시보드 역할을 하며, 환경 모니터링을 위한 IoT 솔루션을 통합합니다. 1단계는 현재 실시간 대기질 모니터링 기능을 갖추고 가동 중이며, 향후 도시 관리의 다른 분야로 확장할 계획입니다. 이 시스템은 Medini에 위치한 IIB의 스마트 시티 체험 센터에서 전시되어 말레이시아가 최초의 탄소 순배출 제로 도시를 만들겠다는 목표의 모델이 되고 있습니다.

Affluence Corporation (OTCID:AFFU) a annoncé l’achèvement réussi de la plateforme de gestion de la ville intelligente Medini (MSCMP) à Iskandar, en Malaisie. Le projet a été réalisé grâce à un partenariat entre BCN Smart Technologies et la filiale d’AFFU, Mingothings International (MTi).

La plateforme, propulsée par la technologie IoT thethings.iO de MTi, sert de tableau de bord central pour Iskandar Investment Berhad (IIB) et intègre des solutions IoT pour la surveillance environnementale. La première phase est désormais opérationnelle, avec une surveillance en temps réel de la qualité de l’air, et des plans d’extension vers d’autres secteurs de gestion urbaine. Le système est présenté au Smart City Experience Centre d’IIB à Medini, servant de modèle pour l’ambition de la Malaisie de créer sa première ville à émission nette de carbone zéro.

Affluence Corporation (OTCID:AFFU) hat die erfolgreiche Fertigstellung der Medini Smart City Management Platform (MSCMP) in Iskandar, Malaysia, bekannt gegeben. Das Projekt wurde in Zusammenarbeit zwischen BCN Smart Technologies und AFFUs Tochtergesellschaft Mingothings International (MTi) realisiert.

Die Plattform, angetrieben von MTis thethings.iO IoT-Technologie, dient als zentrales Dashboard für Iskandar Investment Berhad (IIB) und integriert IoT-Lösungen zur Umweltüberwachung. Die erste Phase ist nun in Betrieb und bietet eine Echtzeit-Überwachung der Luftqualität, mit Plänen zur Erweiterung auf weitere Bereiche der Stadtverwaltung. Das System wird im Smart City Experience Centre von IIB in Medini präsentiert und dient als Modell für Malaysias Ziel, die erste Netto-Null-Kohlenstoff-Stadt zu schaffen.

Positive
  • Successful implementation of smart city platform demonstrates technological capabilities
  • Platform serves as a replicable model for future smart city projects in Southeast Asia
  • Operational first phase with real-time monitoring capabilities
  • Strategic positioning in the growing smart city and sustainability market
Negative
  • Platform currently limited to air quality monitoring with other features still in development

OAK BROOK, IL / ACCESS Newswire / July 29, 2025 / Affluence Corporation, (OTCID:AFFU), is proud to highlight the successful completion of the Medini Smart City Management Platform (MSCMP) in Iskandar, Malaysia - a landmark project delivered by our partner BCN Smart Technologies (BCN) with Mingothings International (MTi), one of Affluence's leading technology subsidiaries, serving as the official technology provider.

Designed as the central dashboard for Iskandar Investment Berhad (IIB), the MSCMP integrates advanced IoT solutions to support environmental monitoring and long-term ESG goals for Medini, with the ambition of becoming Malaysia's first net carbon zero city. MTi's IoT platform, thethings.iO, developed and customized specifically for this project by BCN, played a central role in enabling the flexible, data-driven infrastructure now operating at the heart of the city.

"This platform reflects our shared ambition to transform Medini into a future-ready, sustainable city. With MTi's technology powering the system, we have created a robust foundation that other cities in the region can learn from and replicate", said Mohamad Amir Shariff, Lead Project Manager at BCN Smarttech.

The first phase of the platform, now fully operational, integrates real-time data from air quality sensors and will soon expand to other verticals of city management. The system is already showcased in IIB's new Smart City Experience Centre in Medini, positioning it as a reference project for future developments.

For Affluence, this milestone reflects a broader commitment to promoting scalable, sustainable, and interoperable solutions globally - with the MSCMP standing as a blueprint for future smart city initiatives in Southeast Asia and beyond.

For further information, please contact: press@affucorp.com

About Affluence Corporation

Affluence Corporation (OTCID: AFFU) is a diversified technology company focused on smart city and industry software and innovative solutions that capitalize on IoT, AI, 5G and edge technologies. We are investing in mid-market businesses to create a cohesive unit which brings together technology for the next generation of internet. For more information go to https://affucorp.com.

About Mingothings SLU

Mingothings SLU ("MTi") is a trusted specialist in integrated IoT solutions and data analytics for smart cities and connected industries. With expertise in real-time data processing, sensor integration, and adaptable IoT platforms, MTi provides innovative solutions designed to maximize efficiency, sustainability, and operational performance in diverse IoT applications. https://www.mingothings.com/

Forward Looking Statement

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not historical in nature, including the words "anticipate," "expect," "suggests," "plan," "believe," "intend," "estimates," "targets," "projects," "should," "could," "would," "may," "will," "forecast" and other similar expressions are intended to identify forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: general economic business conditions, competitive and technological factors, markets, services, products and prices, the failure to retain management and/or key employees of the target company, availability and the cost of capital, success of growth initiatives, limited operating history and other risks discussed in our filings with the OTCMarkets and the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Affluence Corporation 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.

Media and investor contact - press@affucorp.com

SOURCE: Affluence Corporation



View the original press release on ACCESS Newswire

FAQ

What is the Medini Smart City Management Platform (MSCMP) developed by Affluence Corporation (AFFU)?

MSCMP is a central dashboard system in Iskandar, Malaysia, that integrates IoT solutions for environmental monitoring, developed by AFFU's subsidiary MTi and BCN Smart Technologies, aimed at helping Medini become Malaysia's first net carbon zero city.

What technology powers the Medini Smart City platform in Malaysia?

The platform is powered by thethings.iO, an IoT platform developed by Affluence Corporation's subsidiary Mingothings International (MTi) and customized by BCN Smart Technologies.

What features are currently operational in AFFU's Medini Smart City platform?

The first phase of the platform currently integrates real-time data from air quality sensors, with plans to expand to other city management verticals.

Where is Affluence Corporation's smart city platform being showcased?

The smart city platform is being showcased at IIB's Smart City Experience Centre in Medini, Malaysia, serving as a reference project for future developments.

What is the significance of AFFU's Medini Smart City project for Southeast Asia?

The project serves as a blueprint for future smart city initiatives in Southeast Asia, demonstrating a scalable and sustainable model that other cities in the region can learn from and replicate.
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