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Mynd.ai's Promethean Brand to Release Transformational New Technology in First Quarter of 2025

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Mynd.ai (NYSE: MYND) announced that its subsidiary, Promethean, will launch the ActivPanel 10 and ActivSuite™ in Q1 2025. This new interactive flat panel display (IFPD) and software solution offers compatibility with Chrome, Windows, and Android operating systems, targeting schools, universities, and businesses. The technology aims to enhance learning and collaboration while providing cost-effective and sustainable solutions for interactive displays. The company emphasizes the system's flexibility, security features, and seamless integration capabilities between devices.

Mynd.ai (NYSE: MYND) ha annunciato che la sua controllata, Promethean, lancerà l'ActivPanel 10 e ActivSuite™ nel primo trimestre del 2025. Questo nuovo display piatto interattivo (IFPD) e la soluzione software offrono compatibilità con i sistemi operativi Chrome, Windows e Android, mirando a scuole, università e imprese. La tecnologia si propone di migliorare l'apprendimento e la collaborazione, fornendo soluzioni efficaci ed ecologiche per i display interattivi. L'azienda sottolinea la flessibilità del sistema, le sue caratteristiche di sicurezza e le capacità di integrazione senza soluzione di continuità tra i dispositivi.

Mynd.ai (NYSE: MYND) anunció que su filial, Promethean, lanzará el ActivPanel 10 y ActivSuite™ en el primer trimestre de 2025. Este nuevo panel de exhibición plano interactivo (IFPD) y solución de software ofrece compatibilidad con los sistemas operativos Chrome, Windows y Android, enfocándose en escuelas, universidades y empresas. La tecnología tiene como objetivo mejorar el aprendizaje y la colaboración, proporcionando soluciones rentables y sostenibles para las pantallas interactivas. La empresa enfatiza la flexibilidad del sistema, sus características de seguridad y las capacidades de integración fluida entre dispositivos.

Mynd.ai (NYSE: MYND)는 자회사 Promethean이 2025년 1분기에 ActivPanel 10ActivSuite™를 출시할 것이라고 발표했습니다. 이 새로운 인터랙티브 평면 패널 디스플레이(IFPD)와 소프트웨어 솔루션은 Chrome, Windows, Android 운영 체제와의 호환성을 제공하며 학교, 대학 및 기업을 대상으로 합니다. 이 기술은 학습과 협업을 향상시키고, 인터랙티브 디스플레이에 대한 비용 효율적이고 지속 가능한 솔루션을 제공합니다. 회사는 시스템의 유연성, 보안 기능 및 장치 간의 원활한 통합 기능을 강조합니다.

Mynd.ai (NYSE: MYND) a annoncé que sa filiale, Promethean, lancera le ActivPanel 10 et ActivSuite™ au premier trimestre de 2025. Ce nouvel écran plat interactif (IFPD) et solution logicielle offre une compatibilité avec les systèmes d'exploitation Chrome, Windows et Android, visant les écoles, les universités et les entreprises. La technologie vise à améliorer l'apprentissage et la collaboration tout en fournissant des solutions rentables et durables pour les affichages interactifs. L'entreprise souligne la flexibilité du système, ses caractéristiques de sécurité et ses capacités d'intégration transparente entre les appareils.

Mynd.ai (NYSE: MYND) hat angekündigt, dass seine Tochtergesellschaft Promethean im ersten Quartal 2025 das ActivPanel 10 und ActivSuite™ auf den Markt bringen wird. Dieses neue interaktive Flachbildschirmdisplay (IFPD) und die Softwarelösung bietet Kompatibilität mit den Betriebssystemen Chrome, Windows und Android und richtet sich an Schulen, Universitäten und Unternehmen. Die Technologie zielt darauf ab, das Lernen und die Zusammenarbeit zu verbessern und kosteneffiziente sowie nachhaltige Lösungen für interaktive Displays anzubieten. Das Unternehmen betont die Flexibilität des Systems, die Sicherheitsmerkmale und die nahtlosen Integrationsmöglichkeiten zwischen Geräten.

Positive
  • Launch of new technology product line scheduled for Q1 2025
  • Product offers multi-platform compatibility (Chrome, Windows, Android)
  • Potential market expansion across education and business sectors
Negative
  • None.

Insights

The announcement of Promethean's ActivPanel 10 and ActivSuite launch represents a strategic move in the educational technology sector, but lacks concrete financial projections or pricing details. While the multi-OS compatibility (Chrome, Windows, Android) could expand market reach, the Q1 2025 timeline makes immediate market impact uncertain. The emphasis on cost-effectiveness suggests competitive pricing strategy, though specific figures are absent.

The educational technology market is highly competitive, with key players like SMART Technologies and ViewSonic already offering similar solutions. Without differentiated features or clear pricing advantages, market share gains may be challenging. The sustainability angle could resonate with institutional buyers, but the announcement's long-term impact on $64.8M market cap MYND remains speculative without sales projections or margin details.

SEATTLE, Nov. 4, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE American: MYND) today announced that its subsidiary, Promethean, is set to launch its most adaptable interactive flat panel display (IFPD) and software solution—the Promethean ActivPanel 10 and Promethean ActivSuite™—in the first quarter of 2025. This next-gen experience is designed with choice and simplicity in mind, allowing schools, universities, and businesses to maximize learning and collaboration in various settings.

"By allowing customers to choose their preferred operating system (Chrome, Windows, or Android) and creating seamless integration between the ActivPanel 10, connected devices, and the Promethean ActivSuite, this solution gives educators and employees tremendous freedom to teach, present, and collaborate without interruption; meeting customers where they are," said Lance Solomon, Mynd's Chief Product Officer. Solomon added, "It's the most cost-effective and sustainable way for schools and businesses to have an interactive display that's always secure and up to date."

"We are thrilled about the upcoming introduction of Promethean's latest technology, which represents a significant leap forward in Mynd's commitment to innovation and excellence. We believe that this next generation of integrated hardware and software solution will not only provide our customers with unparalleled flexibility and ease of use but will also set a new standard in the industry, driving growth, and delivering value to our stakeholders," said Arthur Giterman, Mynd's Chief Financial Officer.

For additional details on the technology refer to Promethean press release at https://www.prometheanworld.com/press-release/the-activpanel-10-is-coming-prometheans-next-gen-experience-is-built-with-choice-and-simplicity-in-mind.

Forward-Looking Statements

This press release contains "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. Forward-looking statements reflect Mynd's current expectations and projections about future events at the time, and thus involve uncertainty and risk. The words "believe," "expect," "anticipate," "will," "could," "would," "should," "may," "plan," "estimate," "intend," "predict," "potential," "continue," "optimistic," and the negatives of these words and other similar expressions generally identify forward looking statements. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled "Risk Factors" in Mynd's Annual Report on Form 20-F, filed with the SEC on March 27, 2024, as such factors may be updated from time to time in Mynd's periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in Mynd's filings with the SEC. While forward-looking statements reflect Mynd's good faith beliefs, they are not guarantees of future performance. Mynd disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law.

About Mynd.ai, Inc.

Seattle-based Mynd is a global leader in interactive technology offering best-in-class hardware and software solutions that help organizations create and deliver dynamic content; simplify and streamline teaching, learning, and communication; and facilitate real-time collaboration. Our award-winning interactive displays and software can be found in more than 1 million learning and training spaces across 126 countries. Our global distribution network of more than 4,000 reseller partners and our dedicated sales and support teams around the world enable us to deliver the highest level of service to our customers.

Cision View original content:https://www.prnewswire.com/news-releases/myndais-promethean-brand-to-release-transformational-new-technology-in-first-quarter-of-2025-302294670.html

SOURCE Mynd.ai

FAQ

When will Mynd.ai (MYND) release the new ActivPanel 10 and ActivSuite?

Mynd.ai will release the ActivPanel 10 and ActivSuite in the first quarter of 2025.

What operating systems will Mynd's (MYND) new ActivPanel 10 support?

The ActivPanel 10 will support Chrome, Windows, and Android operating systems.

What markets is Mynd.ai (MYND) targeting with the new ActivPanel 10?

Mynd.ai is targeting schools, universities, and businesses with the ActivPanel 10 and ActivSuite solution.

Mynd.ai, Inc. American Depositary Shares, each representing ten (10)

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