Latest news with #Focus
Miami Herald
3 days ago
- Business
- Miami Herald
Focus Universal Set to Launch Customer Testing for Revolutionary One-Click SEC Reporting Software
ONTARIO, CA / ACCESS Newswire / July 22, 2025 / Focus Universal Inc. (NASDAQ:FCUV) ("Focus" or the "Company"), a provider of patented hardware and software design technologies for the Internet of Things (IoT), 5G, and SEC Financial Reporting proprietary AI-Driven Automation Software, is pleased to announce that Focus is scheduled begin customer testing of their fully automated SEC financial reporting software on August 30, 2025. The Company also plans to launch a technology roadshow to showcase this groundbreaking platform. Interested clients, partners, corporate filers, and investors are welcome to contact Focus Universal directly at info@ or ir@ for meetings and product demonstrations. SEC financial reporting is traditionally a complex, costly, and time-consuming process. It includes: Preparing consolidated financial statements,Drafting SEC reports using various office software and / or burdensome company-wide systems,Converting those documents into fully SEC-compliant files, andAutomated embedding of tags as required for regulatory filing. For large organizations, this process can take thousands of person days. For small public companies, the entire process may take several weeks. Delays in filing can result in SEC reviews, enforcement actions, and significant penalties. Currently, several companies offer semi-automated solutions that address only part of the tagging process as part of the entire process. Focus Universal, by contrast, has developed a fully automated, end-to-end solution powered by both automation and Variegated AI, whereby Focus believes the technology enables the computer to conduct the activities for which the computer is designed and optimal and allows the human to remain within the decision loop and center upon what the human excels. With a single click, Focus' software can: Retrieve financial statements from accounting platforms,Reformat data into spreadsheets for consolidated financial reporting,Automatically generate consolidated financials,Populate the word-processed version of SEC filings,Convert the documents to SEC-compliant versions via formatting, andAutomated embedding accurate requisite tags into the HTML file - with very limited manual input. Built-in validation, including self-consistency and compliance checks, ensures accuracy and eliminates human error. Essentially, Focus believes what once took weeks of manual work can now be completed in minutes. "I'm extremely proud of what our team has achieved. We sincerely believe this milestone represents a new era for SEC financial reporting," said Desheng Wang, CEO of Focus Universal. "Unlike other companies offering partial automation, our solution provides a true one-click process from raw accounting data all the way to a complete SEC filing. After years of development, we believe we've solved the final challenge - full automated processing including the final edgarization and XBRL tagging." According to recent industry analysis, the Financial Reporting Software Market was valued at US $13.9 billion in 2022 and is projected to grow to US $36.6 billion by 2030, at a CAGR of 12.8%. The surge is driven by the increasing complexity of financial data, the high cost of compliance, and the need for scalable, efficient, and intelligent reporting tools. Focus believes this innovation does not replace the SEC-required review process but removes much of the labor-intensive, manual work, dramatically cutting preparation and revision time for public companies. As mentioned, Focus Universal cordially invites investors, industry experts, and public companies to explore potential collaborations or schedule a live demonstration during the upcoming roadshow. About Focus Universal:Focus Universal Inc. is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The company has developed five disruptive patented technology platforms with 26 patents and patents pending in various phases and eight trademarks pending in various phases to solve the major problems facing hardware and software design and production within the industry today. These technologies combined to have the potential to reduce costs, product development timelines and energy usage while increasing range, speed, efficiency, and security. Focus currently trades on the Nasdaq Markets. Forward-Looking Statements:Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the preliminary prospectus filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof and Focus Universal specifically disclaims any obligation to update any forward-looking statement, whether because of new information, future events or otherwise. For company inquiries, please contact:Investor Relations626-272-3883ir@ SOURCE: Focus Universal Inc.
UPI
4 days ago
- Entertainment
- UPI
Caitriona Balfe, Fiona Shaw, more join 'Sense and Sensibility' remake
1 of 5 | Caitriona Balfe, seen at the 2025 Critics Choice Awards in Santa Monica, Calif., has joined the cast of "Sense & Sensibility." File Photo by Jim Ruymen/UPI | License Photo July 21 (UPI) -- Focus Features announced additional cast for its new Sense and Sensibility film on Monday. Outlander's Caitriona Balfe, Killing Eve's Fiona Shaw, Frank Dillane, George MacKay, Herbert Nordrum and Bodhi Rae Breathnach have joined the cast. Daisy Edgar-Jones and Esmé Creed-Miles star as Elinor and Marianne Dashwood in the Jane Austen adaptation. Focus announced the film in June and it is in production in Britain. Diana Reid wrote the adaptation, with Georgia Oakley as director. The Austen novel that inspired the film follows the Dashwoods, a widow and her three daughters, who are left poor by Mr. Dashwood's elder children. A 1995 film adaptation won an Oscar for Emma Thompson's screenplay adaptation. It was nominated for Best Picture, Thompson and Kate Winslet's performances, cinematography, costume design and musical score. Ang Lee directed that film. Focus re-released its 2005 Pride and Prejudice film earlier this year.
The Irish Sun
7 days ago
- Automotive
- The Irish Sun
Britain's most popular car to RETURN after being axed two years ago – but not as you remember it
BRITAIN'S most popular car is set to make a huge return two years after being axed. However, it will not come back exactly as you may remember it. Advertisement 5 Ford may be considering reviving the Fiesta Credit: AFP 5 It is rumoured the Ford Focus could also return, just after the model has been discontinued Credit: Getty Ford discontinued The final car rolled off the production line on July 7th that same year after However, according to a report by Automobilwoche, the company is eyeing up a The outlet also reports that Ford could also plan to revive the Focus after Advertisement READ MORE ON FORD Currently, the Ford Explorer and Capri models are underpinned by Volkswagen's MEB platform. It is thought this might be used to build the revived Fiesta and Focus models. Ford has not yet outright confirmed that the Fiesta or the Focus is making a return. Christoph Herr is the head of the Ford Service Organisation (FCSD) for Advertisement Most read in Motors Exclusive Exclusive He has seemingly signalled that potential models could be brought in as replacements for the old but in new forms. He has told dealers in Europe that the leadership of the brand has improved investments for potential new electric and hybrid models. Ford is forced to immediately shut down factories and halt car production as CEO admits 'day to day' struggle for brand He explained: "[Ford will] invest in several vehicles, some of them together with partners and also with different forms of propulsion, including hybrids and fully electric vehicles." According to another report by , European dealers are hoping to find a replacement for the Ford Focus. Advertisement 5 The last Fiesta rolled off the production line in July 2023 Credit: Getty - Contributor 5 A spokesperson from Europe have signalled that the leadership has approved investment in electric and hybrid models Credit: Getty 5 European dealers are reportedly looking for replacements of the models Credit: Getty
Scottish Sun
7 days ago
- Automotive
- Scottish Sun
Britain's most popular car to RETURN after being axed two years ago – but not as you remember it
What is the company signalling? U-TURN Britain's most popular car to RETURN after being axed two years ago – but not as you remember it Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) BRITAIN'S most popular car is set to make a huge return two years after being axed. However, it will not come back exactly as you may remember it. Sign up for Scottish Sun newsletter Sign up 5 Ford may be considering reviving the Fiesta Credit: AFP 5 It is rumoured the Ford Focus could also return, just after the model has been discontinued Credit: Getty Ford discontinued its famous model the Fiesta in 2023 after 46 years on the road. The final car rolled off the production line on July 7th that same year after 22 million units were made. However, according to a report by Automobilwoche, the company is eyeing up a European return for the Fiesta nameplate. The outlet also reports that Ford could also plan to revive the Focus after its scheduled end later in 2025. Currently, the Ford Explorer and Capri models are underpinned by Volkswagen's MEB platform. It is thought this might be used to build the revived Fiesta and Focus models. Ford has not yet outright confirmed that the Fiesta or the Focus is making a return. Christoph Herr is the head of the Ford Service Organisation (FCSD) for Germany, Austria, and Switzerland. He has seemingly signalled that potential models could be brought in as replacements for the old but in new forms. He has told dealers in Europe that the leadership of the brand has improved investments for potential new electric and hybrid models. Ford is forced to immediately shut down factories and halt car production as CEO admits 'day to day' struggle for brand He explained: "[Ford will] invest in several vehicles, some of them together with partners and also with different forms of propulsion, including hybrids and fully electric vehicles." According to another report by Automotive News Europe, European dealers are hoping to find a replacement for the Ford Focus. 5 The last Fiesta rolled off the production line in July 2023 Credit: Getty - Contributor 5 A spokesperson from Europe have signalled that the leadership has approved investment in electric and hybrid models Credit: Getty
The Sun
7 days ago
- Automotive
- The Sun
Britain's most popular car to RETURN after being axed two years ago – but not as you remember it
BRITAIN'S most popular car is set to make a huge return two years after being axed. However, it will not come back exactly as you may remember it. 5 5 Ford discontinued its famous model the Fiesta in 2023 after 46 years on the road. The final car rolled off the production line on July 7th that same year after 22 million units were made. However, according to a report by Automobilwoche, the company is eyeing up a European return for the Fiesta nameplate. The outlet also reports that Ford could also plan to revive the Focus after its scheduled end later in 2025. Currently, the Ford Explorer and Capri models are underpinned by Volkswagen 's MEB platform. It is thought this might be used to build the revived Fiesta and Focus models. Ford has not yet outright confirmed that the Fiesta or the Focus is making a return. Christoph Herr is the head of the Ford Service Organisation (FCSD) for Germany, Austria, and Switzerland. He has seemingly signalled that potential models could be brought in as replacements for the old but in new forms. He has told dealers in Europe that the leadership of the brand has improved investments for potential new electric and hybrid models. Ford is forced to immediately shut down factories and halt car production as CEO admits 'day to day' struggle for brand He explained: "[Ford will] invest in several vehicles, some of them together with partners and also with different forms of propulsion, including hybrids and fully electric vehicles." According to another report by Automotive News Europe, European dealers are hoping to find a replacement for the Ford Focus. 5 5 5
