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Gorilla Technology Secures Two Major Wins in Taiwan, Advancing Airport Security and National Law Enforcement Capabilities

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Gorilla Technology Group Inc. (NASDAQ: GRRR) has secured two major project wins in Taiwan, reinforcing its position in AI-driven security and smart city solutions. The first project involves expanding an AI Airside Management System at Taoyuan International Airport, building on initiatives dating back to 2016 to enhance security and operational efficiency. The second project focuses on collaborating with a leading telecom company to expand core network investigation systems for a national law enforcement agency in Taiwan, part of Gorilla's Smart Policing Solutions. This initiative aims to deliver a standardized and compliant system for telecom infrastructure that meets law enforcement requirements. These wins demonstrate Gorilla's commitment to innovation in AI and Cybersecurity, as well as its ability to address critical client needs in security infrastructure.

Gorilla Technology Group Inc. (NASDAQ: GRRR) ha ottenuto due importanti successi in progetti a Taiwan, rafforzando la sua posizione nelle soluzioni di sicurezza basate su AI e nelle città intelligenti. Il primo progetto consiste nell'ampliare un Sistema di Gestione Aerea AI all'Aeroporto Internazionale di Taoyuan, costruendo su iniziative risalenti al 2016 per migliorare la sicurezza e l'efficienza operativa. Il secondo progetto si concentra sul collaborare con una società di telecomunicazioni leader per espandere i sistemi di indagine delle reti core per un'agenzia di enforcement nazionale a Taiwan, parte delle Soluzioni di Polizia Intelligente di Gorilla. Questa iniziativa mira a fornire un sistema standardizzato e conforme per l'infrastruttura di telecomunicazioni che soddisfi i requisiti delle forze dell'ordine. Questi successi dimostrano l'impegno di Gorilla nell'innovazione in AI e Cybersecurity, nonché la sua capacità di affrontare le esigenze critiche dei clienti nell'infrastruttura di sicurezza.

Gorilla Technology Group Inc. (NASDAQ: GRRR) ha conseguido dos importantes victorias en proyectos en Taiwán, reforzando su posición en soluciones de seguridad basadas en AI y ciudades inteligentes. El primer proyecto implica la expansión de un Sistema de Gestión Aérea AI en el Aeropuerto Internacional de Taoyuan, construyendo sobre iniciativas que datan de 2016 para mejorar la seguridad y la eficiencia operativa. El segundo proyecto se centra en colaborar con una empresa de telecomunicaciones líder para expandir los sistemas de investigación de redes centrales para una agencia nacional de aplicación de la ley en Taiwán, parte de las Soluciones de Policía Inteligente de Gorilla. Esta iniciativa tiene como objetivo entregar un sistema estandarizado y conforme para la infraestructura de telecomunicaciones que cumpla con los requisitos de las fuerzas del orden. Estas victorias demuestran el compromiso de Gorilla con la innovación en AI y Ciberseguridad, así como su capacidad para abordar las necesidades críticas de los clientes en infraestructura de seguridad.

고릴라 테크놀로지 그룹 Inc. (NASDAQ: GRRR)는 대만에서 두 건의 주요 프로젝트 수주에 성공하여 AI 기반 보안 및 스마트 시티 솔루션에서의 입지를 강화했습니다. 첫 번째 프로젝트는 타오위안 국제공항에서 AI 공항 관리 시스템을 확장하는 것으로, 2016년부터 시작된 보안 및 운영 효율성 향상 이니셔티브에 기반하여 진행됩니다. 두 번째 프로젝트는 대만의 한 주요 통신사와 협력하여 국가 법 집행 기관을 위한 핵심 네트워크 조사 시스템을 확장하는 것에 중점을 두고 있으며, 이는 고릴라의 스마트 경찰 솔루션의 일환입니다. 이 이니셔티브는 법 집행 요구사항을 충족하는 통신 인프라용 표준화된 시스템을 제공하는 것을 목표로 합니다. 이러한 성과는 AI 및 사이버 보안 혁신에 대한 고릴라의 의지를 나타내며, 보안 인프라에서 고객의 중요한 요구를 충족할 수 있는 능력을 보여줍니다.

Gorilla Technology Group Inc. (NASDAQ: GRRR) a réussi à obtenir deux grands gains de projets à Taïwan, renforçant ainsi sa position dans les solutions de sécurité basées sur l'IA et les villes intelligentes. Le premier projet concerne l'extension d'un Système de Gestion Aérienne IA à l'Aéroport International de Taoyuan, s'appuyant sur des initiatives remontant à 2016 pour améliorer la sécurité et l'efficacité opérationnelle. Le deuxième projet se concentre sur la collaboration avec une entreprise de télécommunications de premier plan pour étendre les systèmes d'enquête des réseaux centraux pour une agence nationale d'application de la loi à Taïwan, faisant partie des Solutions de Police Intelligente de Gorilla. Cette initiative vise à fournir un système standardisé et conforme pour l'infrastructure de télécommunications répondant aux exigences des autorités judiciaires. Ces réussites démontrent l'engagement de Gorilla envers l'innovation dans l'IA et la Cybersécurité, ainsi que sa capacité à répondre aux besoins critiques des clients en matière d'infrastructure de sécurité.

Gorilla Technology Group Inc. (NASDAQ: GRRR) hat zwei wichtige Projektgewinne in Taiwan erzielt, die seine Position im Bereich KI-gesteuerte Sicherheit und intelligente Stadtlösungen stärken. Das erste Projekt umfasst die Erweiterung eines KI-gestützten Luftseitensystems am internationalen Flughafen Taoyuan, das auf Initiativen zurückgeht, die seit 2016 zur Verbesserung der Sicherheit und operativen Effizienz unternommen werden. Das zweite Projekt konzentriert sich auf die Zusammenarbeit mit einem führenden Telekommunikationsunternehmen zur Erweiterung der Systeme zur Untersuchung von Kernnetzwerken für eine nationale Strafverfolgungsbehörde in Taiwan, was Teil von Gorillas Lösungen für intelligente Polizeiarbeit ist. Dieses Vorhaben zielt darauf ab, ein standardisiertes und konformes System für die Telekommunikationsinfrastruktur bereitzustellen, das den Anforderungen der Strafverfolgung gerecht wird. Diese Erfolge zeigen Gorillas Engagement für Innovationen in KI und Cybersicherheit sowie die Fähigkeit, kritische Kundenbedürfnisse in der Sicherheitsinfrastruktur zu erfüllen.

Positive
  • Secured two major project wins in Taiwan
  • Expanding AI Airside Management System at Taoyuan International Airport
  • Collaborating with a leading telecom company for national law enforcement agency project
  • Reinforcing position as a leader in AI-driven security and smart city solutions
Negative
  • None.

Insights

Gorilla Technology's recent wins in Taiwan underscore their growing prominence in AI-driven security solutions. The expansion of the AI Airside Management System at Taoyuan International Airport represents a significant advancement in airport security technology. This system likely integrates various AI capabilities such as facial recognition, behavior analysis and anomaly detection to enhance overall airport safety and operational efficiency.

The collaboration with a telecom company to expand core network investigation systems for law enforcement is particularly noteworthy. This project highlights the increasing intersection of telecommunications and national security. The standardized system will likely enable more efficient data collection and analysis for law enforcement, potentially improving response times and investigative capabilities. However, it's important to monitor the balance between enhanced security and privacy concerns in such implementations.

These project wins signal positive market traction for Gorilla Technology in the rapidly growing AI security sector. The global AI in security market is projected to reach $35.5 billion by 2028, with a CAGR of 32.5%. Gorilla's success in securing high-profile clients like Taoyuan International Airport and a national law enforcement agency positions them well in this competitive landscape.

Investors should note that these projects demonstrate Gorilla's ability to secure large-scale, government-level contracts, which often lead to long-term, stable revenue streams. The company's focus on critical infrastructure and national security applications also suggests potential for expansion into similar markets globally, presenting significant growth opportunities.

London, United Kingdom--(Newsfile Corp. - September 3, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), today announced two significant project wins in Taiwan, further solidifying its role as a leader in AI-driven security and smart city solutions.

The first project involves the expansion of an AI Airside Management System at Taoyuan International Airport. The project will build on previous initiatives from as far back as 2016 and enhance the airport's security and operational efficiency, reinforcing its status as a premier hub in Asia.

The second project focuses on collaborating with a leading telecom company to expand core network investigation systems for a national law enforcement agency in Taiwan. This initiative, part of Gorilla's Smart Policing Solutions, will deliver a standardized and compliant system to ensure that telecom infrastructure meets the stringent requirements of law enforcement agencies. This project exemplifies Gorilla's commitment to supporting public safety through innovative technology, providing comprehensive and secure communication networks nationwide.

"These wins reflect our commitment to innovation in Artificial Intelligence and Cybersecurity and our ability to deliver solutions that meet the critical needs of our clients. We are proud to continue our work in enhancing Taiwan's security infrastructure," said Jay Chandan, CEO of Gorilla Technology.

"These projects showcase our expertise and dedication to driving positive outcomes for our clients and the communities they serve. Gorilla Technology remains at the forefront of delivering impactful AI-based technology solutions," added Andru Chiang, VP of Business Growth Taiwan.

About Gorilla Technology Group Inc.

Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.

Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to attract the attention of customers and investors alike, our expectations to swing to profit in the quarters ahead, Gorilla's strategic shift to enable it to pursue larger projects with better revenue visibility, Gorilla's largest projects and ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the "SEC") on May 15, 2024 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221868

FAQ

What are the two major project wins for Gorilla Technology (GRRR) in Taiwan?

Gorilla Technology (GRRR) secured two major project wins in Taiwan: expanding an AI Airside Management System at Taoyuan International Airport and collaborating with a telecom company to expand core network investigation systems for a national law enforcement agency.

How will Gorilla Technology (GRRR) enhance security at Taoyuan International Airport?

Gorilla Technology (GRRR) will expand the AI Airside Management System at Taoyuan International Airport, building on initiatives from 2016 to enhance security and operational efficiency, reinforcing its status as a premier hub in Asia.

What is the purpose of Gorilla Technology's (GRRR) collaboration with a telecom company in Taiwan?

Gorilla Technology (GRRR) is collaborating with a leading telecom company to expand core network investigation systems for a national law enforcement agency in Taiwan, delivering a standardized and compliant system to meet law enforcement requirements.

How do these project wins impact Gorilla Technology's (GRRR) market position?

These project wins reinforce Gorilla Technology's (GRRR) position as a leader in AI-driven security and smart city solutions, showcasing their expertise in delivering impactful AI-based technology solutions for critical security infrastructure.

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