Latest news with #CarlDeMaio
Yahoo
12 hours ago
- Business
- Yahoo
BEN Reports First Quarter 2025 Results and Business Highlights
WILMINGTON, Del., June 09, 2025 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (BEN) (NASDAQ: BNAI), an innovator in AI-driven customer engagement solutions, today announced its results and key business highlights for the first quarter ended March 31, 2025. "Q1 marked a strong start to 2025, as we launched our iSKYE platform and deepened strategic partnerships that demonstrate the growing demand for secure, scalable AI solutions,' said Paul Chang, CEO of Brand Engagement Network. 'We've enhanced our platform with features that deliver greater accuracy and relevance for users, while providing the control and engagement enterprise clients want. Looking ahead, iSKYE's modular architecture positions us to easily support new industries and applications. This flexibility opens doors to larger opportunities and broader AI-powered engagement across diverse sectors." Q1 2025 Key Business Highlights: iSKYE AI Platform Launch: BEN has officially launched the iSKYE platform, offering businesses a customizable, scalable solution to integrate AI with existing business processes, inject a rules engine to manage the interactions, and provide full control of the user experience. Key capabilities include customizable 3D avatars, low-cost deployment, enterprise-grade security, and the ability to mitigate AI hallucinations while integrating seamlessly into existing systems. Global AI Insurance Partnership with Swiss Life: BEN partnered with Swiss Life Global Solutions to deliver secure, scalable generative AI solutions that enhance digital health, mental health, and financial wellbeing services. The collaboration aims to streamline insurance sales, reduce call center volume, and improve member services with AI-powered tools. Expanded Partnership with Vybroo and Grupo Siete: BEN expanded its partnership with Vybroo and Grupo Siete to deploy AI-powered brand ambassadors and voice agents across Latin America and Southern Europe, enhancing its digital media presence and unlocking new revenue opportunities in high-growth markets. Advocating for Responsible AI Privacy Standards: BEN supported and advised on California Assembly Member Carl DeMaio's proposed AI data privacy legislation bill, which aims to prevent the offshore storage of sensitive user data and underscores the Company's commitment to secure, closed-loop AI systems focused on trust and compliance. Conference Call and Webcast InformationThe Company will host a conference call and webcast tomorrow, Tuesday, June 10, 2025, at 6:00 p.m. ET. CEO Paul Chang and CFO and COO Walid Khiari will lead the call and provide an overview of the company's financial performance, key business highlights, and strategic outlook. Participants can register here to access the live webcast of the conference call. Those who prefer to join the call via phone can register using this link to receive a dial-in number and unique PIN. The webcast will be archived for one year following the conference call and can be accessed on BEN's investor relations website at About Brand Engagement Network (BEN)Brand Engagement Network Inc. (NASDAQ: BNAI) innovates in AI-powered customer engagement, delivering safe, intelligent, and scalable solutions. Its proprietary Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) architecture enable highly personalized interactions supported by customers' curated data in closed-loop environments. BEN develops AI-driven engagement solutions for the life sciences, automotive, and retail industries, featuring AI-powered avatars for outbound campaigns, inbound customer service, and real-time recommendations. With a global AI research and development team, BEN provides secure cloud-based or on-premises deployments, granting complete control of the technology stack and ensuring compliance with GDPR, CCPA, HIPAA, and SOC 2 Type 1 standards. The company holds 21 patents, with 28 pending, demonstrating its commitment to advancing AI-driven consumer engagement. For more information, visit Forward-Looking StatementsThis communication 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, that are not historical facts, and involve risks and uncertainties that could cause actual results of BEN to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words 'anticipates,' 'believes,' 'continue,' 'estimates,' 'expects,' 'intends,' 'may,' 'plans,' 'potential,' 'predicts,' 'projects,' 'should,' 'will,' or 'would,' or, in each case, their negative or other variations or comparable forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside BEN's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: uncertainties as to the timing of the acquisition with Cataneo Gmbh (the 'Acquisition'); the risk that the Acquisition may not be completed on the anticipated terms in a timely manner or at all; (the failure to satisfy any of the conditions to the consummation of the Acquisition, including the ability to obtain financing to fund the Acquisition on terms that are acceptable or at all; the possibility that any or all of the various conditions to the consummation of the Acquisition may not be satisfied or waived; the occurrence of any event, change or other circumstance that could give rise to the termination of the purchase agreement; the effect of the announcement or pendency of the transactions contemplated by the purchase agreement on the Company's ability to retain and hire key personnel, its ability to maintain relationships with its customers, suppliers and others with whom it does business, or its operating results and business generally; risks related to diverting management's attention from the Company's ongoing business operations; uncertainty as to the timing of completion of the Acquisition; risks that the benefits of the Acquisition are not realized when and as expected; risks relating to the uncertainty of the projected financial information with respect to BEN; uncertainty regarding and the failure to realize the anticipated benefits from future production-ready deployments; the attraction and retention of qualified directors, officers, employees and key personnel; our ability to grow our customer base; BEN's history of operating losses; BEN's need for additional capital to support its present business plan and anticipated growth; technological changes in BEN's market; the value and enforceability of BEN's intellectual property protections; BEN's ability to protect its intellectual property; BEN's material weaknesses in financial reporting; BEN's ability to navigate complex regulatory requirements; the ability to maintain the listing of BEN's securities on a national securities exchange; the ability to implement business plans, forecasts, and other expectations; the effects of competition on BEN's business; and the risks of operating and effectively managing growth in evolving and uncertain macroeconomic conditions, such as high inflation and recessionary environments. The foregoing list of factors is not cautions that the foregoing list of factors is not exclusive. BEN cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. BEN does not undertake nor does it accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, and it does not intend to do so unless required by applicable law. Further information about factors that could materially affect BEN, including its results of operations and financial condition, is set forth under 'Risk Factors' in BEN's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q subsequently filed with the Securities and Exchange Commission. Media Contact Amy RouyerP: 503-367-7596E: amy@ Investor RelationsSusan Xu P: 778-323-0959 E: sxu@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 hours ago
- Business
- Yahoo
BEN Reports First Quarter 2025 Results and Business Highlights
WILMINGTON, Del., June 09, 2025 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (BEN) (NASDAQ: BNAI), an innovator in AI-driven customer engagement solutions, today announced its results and key business highlights for the first quarter ended March 31, 2025. "Q1 marked a strong start to 2025, as we launched our iSKYE platform and deepened strategic partnerships that demonstrate the growing demand for secure, scalable AI solutions,' said Paul Chang, CEO of Brand Engagement Network. 'We've enhanced our platform with features that deliver greater accuracy and relevance for users, while providing the control and engagement enterprise clients want. Looking ahead, iSKYE's modular architecture positions us to easily support new industries and applications. This flexibility opens doors to larger opportunities and broader AI-powered engagement across diverse sectors." Q1 2025 Key Business Highlights: iSKYE AI Platform Launch: BEN has officially launched the iSKYE platform, offering businesses a customizable, scalable solution to integrate AI with existing business processes, inject a rules engine to manage the interactions, and provide full control of the user experience. Key capabilities include customizable 3D avatars, low-cost deployment, enterprise-grade security, and the ability to mitigate AI hallucinations while integrating seamlessly into existing systems. Global AI Insurance Partnership with Swiss Life: BEN partnered with Swiss Life Global Solutions to deliver secure, scalable generative AI solutions that enhance digital health, mental health, and financial wellbeing services. The collaboration aims to streamline insurance sales, reduce call center volume, and improve member services with AI-powered tools. Expanded Partnership with Vybroo and Grupo Siete: BEN expanded its partnership with Vybroo and Grupo Siete to deploy AI-powered brand ambassadors and voice agents across Latin America and Southern Europe, enhancing its digital media presence and unlocking new revenue opportunities in high-growth markets. Advocating for Responsible AI Privacy Standards: BEN supported and advised on California Assembly Member Carl DeMaio's proposed AI data privacy legislation bill, which aims to prevent the offshore storage of sensitive user data and underscores the Company's commitment to secure, closed-loop AI systems focused on trust and compliance. Conference Call and Webcast InformationThe Company will host a conference call and webcast tomorrow, Tuesday, June 10, 2025, at 6:00 p.m. ET. CEO Paul Chang and CFO and COO Walid Khiari will lead the call and provide an overview of the company's financial performance, key business highlights, and strategic outlook. Participants can register here to access the live webcast of the conference call. Those who prefer to join the call via phone can register using this link to receive a dial-in number and unique PIN. The webcast will be archived for one year following the conference call and can be accessed on BEN's investor relations website at About Brand Engagement Network (BEN)Brand Engagement Network Inc. (NASDAQ: BNAI) innovates in AI-powered customer engagement, delivering safe, intelligent, and scalable solutions. Its proprietary Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) architecture enable highly personalized interactions supported by customers' curated data in closed-loop environments. BEN develops AI-driven engagement solutions for the life sciences, automotive, and retail industries, featuring AI-powered avatars for outbound campaigns, inbound customer service, and real-time recommendations. With a global AI research and development team, BEN provides secure cloud-based or on-premises deployments, granting complete control of the technology stack and ensuring compliance with GDPR, CCPA, HIPAA, and SOC 2 Type 1 standards. The company holds 21 patents, with 28 pending, demonstrating its commitment to advancing AI-driven consumer engagement. For more information, visit Forward-Looking StatementsThis communication 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, that are not historical facts, and involve risks and uncertainties that could cause actual results of BEN to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words 'anticipates,' 'believes,' 'continue,' 'estimates,' 'expects,' 'intends,' 'may,' 'plans,' 'potential,' 'predicts,' 'projects,' 'should,' 'will,' or 'would,' or, in each case, their negative or other variations or comparable forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside BEN's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: uncertainties as to the timing of the acquisition with Cataneo Gmbh (the 'Acquisition'); the risk that the Acquisition may not be completed on the anticipated terms in a timely manner or at all; (the failure to satisfy any of the conditions to the consummation of the Acquisition, including the ability to obtain financing to fund the Acquisition on terms that are acceptable or at all; the possibility that any or all of the various conditions to the consummation of the Acquisition may not be satisfied or waived; the occurrence of any event, change or other circumstance that could give rise to the termination of the purchase agreement; the effect of the announcement or pendency of the transactions contemplated by the purchase agreement on the Company's ability to retain and hire key personnel, its ability to maintain relationships with its customers, suppliers and others with whom it does business, or its operating results and business generally; risks related to diverting management's attention from the Company's ongoing business operations; uncertainty as to the timing of completion of the Acquisition; risks that the benefits of the Acquisition are not realized when and as expected; risks relating to the uncertainty of the projected financial information with respect to BEN; uncertainty regarding and the failure to realize the anticipated benefits from future production-ready deployments; the attraction and retention of qualified directors, officers, employees and key personnel; our ability to grow our customer base; BEN's history of operating losses; BEN's need for additional capital to support its present business plan and anticipated growth; technological changes in BEN's market; the value and enforceability of BEN's intellectual property protections; BEN's ability to protect its intellectual property; BEN's material weaknesses in financial reporting; BEN's ability to navigate complex regulatory requirements; the ability to maintain the listing of BEN's securities on a national securities exchange; the ability to implement business plans, forecasts, and other expectations; the effects of competition on BEN's business; and the risks of operating and effectively managing growth in evolving and uncertain macroeconomic conditions, such as high inflation and recessionary environments. The foregoing list of factors is not cautions that the foregoing list of factors is not exclusive. BEN cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. BEN does not undertake nor does it accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, and it does not intend to do so unless required by applicable law. Further information about factors that could materially affect BEN, including its results of operations and financial condition, is set forth under 'Risk Factors' in BEN's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q subsequently filed with the Securities and Exchange Commission. Media Contact Amy RouyerP: 503-367-7596E: amy@ Investor RelationsSusan Xu P: 778-323-0959 E: sxu@ in to access your portfolio
Epoch Times
5 days ago
- Politics
- Epoch Times
California Lawmaker Leads Voter ID Ballot Initiative Signature Campaign
A California lawmaker is leading an attempt to place an initiative on the 2026 ballot to require voter ID as a statewide constitutional amendment. Republican Assemblyman Carl DeMaio of San Diego is seeking volunteers to help gather signatures and raise funds to let voters decide on two issues: whether citizenship should be verified at the time of voter registration and whether IDs should be required when casting a ballot. The
CBS News
08-05-2025
- Politics
- CBS News
AB 379 passes committee despite opposition from progressive Democrats
After Democrats and Republicans argued for weeks, a California bill aimed at allowing prosecutors to charge suspects with felonies who solicit 16 and 17-year-olds for sex has passed through committee. "You sit there and you water down the penalties," said Assemblyman Carl DeMaio (R-San Diego). Despite being introduced by a Democrat, progressives tried to tank the bill, claiming it could be used to abuse people of color and teens who are close in age. "I've heard concern about, and this provision related to 16- and 17-year-olds in terms of how it's applied and whether it's applied equitably," said Assemblyman Nick Schultz (D-Burbank). "We all know that in the past, law enforcement has discriminatorily applied certain provisions of California law against particular communities, so I think that concern is real. However, Gov. Gavin Newsom and some fellow Democrats weighed in and slammed their members. They said there should be no question that soliciting teens for sex should be a felony. State Republicans said Democrats who opposed the bill are out of touch. "This is a no-brainer," said State Senator Tony Strickland (R-Huntington Beach). "It's about protecting kids. I give credit to Gov. Newsom for weighing in on this." In the end, Democrats backed down, pushing the bill through the committee with an exception in a rare case where the suspect is within three years of the victim's age. "The important thing to understand, because there's been so much misinformation about this particular bill over the last 10 days, it is already a felony in the state of California to contact or communicate or attempt to contact or communicate with a minor to engage in sexual activity," Schultz said. AB 379 must still pass a full vote in the Assembly and the state Senate.
Fox News
30-04-2025
- Politics
- Fox News
SHOCKING: CA Dems Block Bill to Make Child Prostitution a Felony (feat. CA State Rep. Carl DeMaio)
Today on the Guy Benson Show, Guy sat down with Carl DeMaio, CA State Representative, Assembly District 75, to discuss a shocking story out of the CA General Assembly. The story involves Democrats blocking a bill that would make it a felony to buy sex from a 16 or 17-year-old. The Democrats claim that the issue is because of 'injustices' towards minority demographics and members of the LGBT community, and Guy and Carl discuss the absurd nature of this claim from the Democrats. The Democrats originally passed the loophole that would prevent buying sex from a minor a felony years ago, and now continue to use anti-LGBT stereotypes to block the closing of said loophole. Listen to full interview and details below. Listen to the full interview below: Listen to the full podcast below:
