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Globe and Mail
25-07-2025
- Business
- Globe and Mail
Focus Universal to Unveil Fully Automated AI-Driven SEC Reporting Solution
ONTARIO, CA - July 25, 2025 (NEWMEDIAWIRE) - 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 unveil its fully automated SEC reporting solution in comparison to competing products. The Company also plans to launch a technology-focused roadshow to showcase their groundbreaking platform. Interested clients, partners, corporate filers, and investors are invited to contact Focus Universal directly at info@ or ir@ for meetings and product demonstrations. A Breakthrough in SEC Financial Reporting SEC financial reporting has traditionally been a complex, costly, and time-intensive process, often involving: Preparation of consolidated financial statements, Drafting of SEC reports using Microsoft Word and Excel, Converting documents into SEC-compliant HTML (edgarization), and Embedding XBRL tags for regulatory filing. This multi-step process can take thousands of person-days for large organizations, and several weeks even for small public companies. Delays can lead to SEC reviews, enforcement actions, and significant penalties. While some companies, including multi-billion-dollar market cap firms - offer semi-automated solutions that cover only parts of this process, Focus Universal has developed a fully automated, end-to-end solution powered entirely by AI. One-Click, End-to-End Automation With just a single click, Focus Universal's software can: Retrieve financial data directly from accounting platforms, such as Oracle and QuickBooks, Reformat and consolidate data in Excel, Automatically generate consolidated financial statements, Populate Word documents for SEC filings, Convert reports into SEC-compliant HTML through edgarization, and Embed accurate XBRL tags - without human intervention. The software also features built-in validation checks for internal consistency and XBRL compliance, virtually eliminating the risk of human error. What used to take weeks of manual work can now be completed in minutes. Competitive Advantages 'I'm incredibly proud of our team's achievement,' said Desheng Wang, CEO of Focus Universal. 'This milestone represents a new era in SEC financial reporting. When turnaround time is reduced to just minutes, reporting is no longer a burden. Our software allows computers to handle the most tedious, repetitive tasks, freeing humans to focus on creative and strategic work.' Unlike Focus' competitors, who typically require 2–3 weeks for initial setup, Focus' software is ready to use immediately - no setup needed. For regular, repeat filers, preparing an SEC financial report can take up to a week, not including the time required to prepare the consolidated financial statements. Focus' solution reduces that entire process - including consolidation - from weeks to minutes. When factoring in consolidation time, Focus' software is even more significantly faster than competing products. For first-time filers, competing solutions still require a largely manual process due to the lack of roll-forward data from prior reports. In contrast, Focus' software delivers nearly the same level of efficiency for first-time filers as it does for repeat filers - because it doesn't rely on prior data to function. First-time users can focus entirely on the content of their filings. Consolidated financial statements and footnotes are seamlessly transferred into a Word document, and once the content is complete, Focus' software automatically performs edgarization and applies XBRL tagging - all without manual intervention. The software is intuitive, ready to use out of the box, and designed for immediate productivity. Focus' solution is a single-click solution. While competitors may require several days of training and hundreds of tutorial videos, Focus' software is intuitive and can be used effectively with little to no learning time and no need for extensive training. Focus' software isn't just for reporting companies - filing agents can also use it to dramatically accelerate the edgarization and XBRL tagging process, which are key components of SEC financial reporting. Thanks to its simplicity and efficiency, many reporting companies can handle a significant portion of their SEC compliance filings in-house, reducing their reliance on third-party providers. This shift can result in substantial cost savings. By eliminating manual data entry, Focus' software removes the risk of human typing errors throughout the SEC reporting process, significantly reducing the need for time-consuming proofreading and review. Any updates made to the consolidated financial statements are instantly reflected throughout the entire SEC report, including XBRL tagging. This eliminates the risk of errors during manual updates and enables reporting companies to respond to auditor comments quickly and confidently. The more complex the SEC financial reporting task, the greater the efficiency advantage of the Focus software over competing products. Large reporting companies often require teams of professionals working together for up to a week to complete a single filing. The actual effort involved is the combined time of multiple individuals. In contrast, Focus' software product requires only a single user to complete the entire process - often in just minutes. When factoring in total labor hours, the Company believes platform is not just faster - it is multiples faster for large organizations. As a result, complexity increases, so does the Focus performance advantage. 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.
Miami Herald
22-07-2025
- 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.
Miami Herald
12-07-2025
- Business
- Miami Herald
Focus Universal Inc. Starts Internet of Things Production
ONTARIO, CA / ACCESS Newswire / July 11, 2025 / Focus Universal Inc. (NASDAQ:FCUV) ("Focus" or the "Company"), a provider of patented hardware and software design technologies for Internet of Things (IoT), 5G and SEC Financial Reporting AI-Driven Automation Software, is pleased to announce today that it has signed a contract with Shenzhen Donghui Precision Mold Manufacturing Co., Ltd. and officially commenced the mold tooling design for the Universal Smart Internet of Things (IoT) today. This marks a pivotal milestone in the commercialization of the Universal Smart IoT, a breakthrough that has been over two decades in the making. Although IoT has long been recognized as a revolutionary technology with the potential to change the world-consistently ranking as the #1 transformative technology, however widespread adoption has been limited by high development costs and technical complexity. Focus Universal has dedicated over 20 years to researching and overcoming these barriers. The Universal Smart IoT, an innovative platform that radically simplifies IoT development and reduces its associated costs. Unlike traditional IoT systems, where engineers continually start from scratch, Focus' platform provides a 90% pre-built foundation. Different IoT devices can now share 90% of the same hardware and software, substantially reducing development costs and complexity. This unique approach not only accelerates time-to-market but also democratizes access to IoT solutions. Further enhancing this ecosystem is Focus Universal's Universal Smart Software Platform, which eliminates the need for multiple device-specific applications. Engineers no longer need to build separate apps for every IoT product-Focus' platform supports them all without sacrificing performance or functionality. This streamlined app development process significantly cuts costs and improves efficiency, allowing Focus to offer the IoT platform to customers at a fraction of the cost required to develop custom solutions. One of Focus' most revolutionary products, the Ubiquitor, exemplifies this efficiency. It is capable of connecting to any sensor-inclusive of a large number of independent sensors-without theoretical limits. As more sensors are added, the average cost of the Ubiquitor per sensor becomes negligible. This results in an effective cost that approaches that of the sensors alone-already significantly lower than traditional devices. When used in conjunction with the universal platform, the total development cost is a fraction of conventional approaches, offering substantial savings in both raw materials and engineering time. This milestone signals a new era for the Internet of Things. After two decades of innovation, we are now ready to move forward with full-scale production and commercialization. In doing so, we not only fulfill the promise to shareholders but also demonstrate to the world that deploying complex IoT technology can be as easy as plugging in an office phone. The platform provides both a competitive edge and cost savings even when compared to traditional, non-IoT devices-thanks to universal hardware and software shared across all sensors. Switching from one sensor to another requires no change to the underlying device's hardware or software, enabling true interoperability across devices. The IoT market was valued at $0.54 trillion in 2022 and is projected to grow to $3.30 trillion by 2030, with a CAGR of 26.1%. Yet despite its promise, industry surveys reveal that a majority of IoT projects fail-Cisco reported a 75% failure rate, and Microsoft found that 30% of IoT projects fail at the proof-of-concept stage. Focus Universal's Universal Smart IoT technology was specifically developed to overcome these challenges and unlock the full potential of the IoT revolution. 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.
Associated Press
06-05-2025
- Business
- Associated Press
Focus Universal Inc. to Participate in LadenburgThalmann Technology Innovation EXPO25
ONTARIO, CA - May 6, 2025 ( NEWMEDIAWIRE ) - Focus Universal Inc. (NASDAQ: FCUV) ('Focus' or the 'Company'), a provider of patented hardware and software design technologies for Internet of Things (IoT), 5G and SEC Financial Reporting AI-Driven Automation Software, today announced that it will attend the Ladenburg Thalmann Technology Innovation EXPO25, scheduled for May 21st at Convene, 101 Park Avenue in New York City. Management will be available to meet with institutional investors, potential SEC financial reporting software users, and provide an overview of the Company throughout the day. Interested parties are invited to contact Ladenburg Thalmann, B2i Digital, or Focus Universal Inc for additional information. Universal Smart Device: Revolutionizing IoT The company's universal smart device, Ubiquitor, is a groundbreaking solution capable of connecting to any sensor or a vast number of independent sensors, theoretically without limit. When a moderate number of sensors are connected, the cost of the Ubiquitor, averaged across the sensors, becomes negligible. The effective cost, which approaches that of the sensors alone, represents just a fraction of the material costs of traditional devices. Additionally, the Ubiquitor's efficiency and cost-effective attributes are evident when coupled with Focus' platform system, whereby development costs are a fraction of traditional device development requirements, resulting in substantial savings in both raw material and development costs. Transforming IoT Infrastructure The universal smart platform which builds IoT infrastructure eliminates redundancy in IoT hardware and software design. Instead of starting from scratch, engineers can begin their IoT projects with a foundation which is 90% complete. This approach allows different IoT devices to share 90% of the same hardware and software, significantly lowering costs and simplifying design processes. Moreover, Focus' innovative universal smart App replaces the need for multiple IoT-specific apps without compromising functionality. Engineers no longer need to design separate apps for each IoT device, streamlining App development and reducing costs. This enables us to offer IoT platform to customers at a price significantly lower than the cost of developing their own solutions. A Commitment to Innovation & Sustainability 'As a company dedicated to technological advancement, we are proud to present the universal smart device (Ubiquitor), the universal smart IoT platform, and our fully automated SEC financial reporting AI-driven software,' Dr. Desheng Wang, CEO of Focus Universal, commented. 'We believe our SEC Financial Reporting software is 1,000 times faster than traditional manual methods, showcasing the power of automation and AI-driven innovation, 'and Dr. Desheng Wang continued, 'We are excited to demonstrate these groundbreaking technologies at the Ladenburg Thalmann Technology Innovation EXPO25, fulfilling our commitment to our shareholders and the global tech community. We invite prospective customers, investors and shareholders to experience firsthand the remarkable power, efficiency, and potential of our technology at the Ladenburg Thalmann Technology Innovation EXPO25. We believe ourselves to be fortunate that the new tariffs do not directly affect us. Our SEC financial reporting technology, which targets customers in the United States, and our Universal Smart IoT platform, which serves a global customer base, are both service-oriented businesses and therefore not subject to tariffs.' The Internet of Things (IoT) market size was valued at $540 Billion in 2022 and is projected to grow to $3.30 Trillion by 2030, exhibiting a CAGR of 26.1%. A published Cisco Systems company survey had revealed that three-quarters of IoT projects are failing, and a similar Microsoft company survey reported 30% of IoT projects failed in the early proof-of-concept stage. Focus Universal developed the universal smart IoT technology aimed to overcome these challenges. About Focus Universal: Focus Universal Inc. (Nasdaq: FCUV) 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. The company is also developing and designing software to streamline SEC financial reporting for financial reporting and tax firms. This is focused on streamlining the entire SEC financial reporting process for attorneys, accounting firms, and other financial reporting professionals. The company goal is that with a single click, the software automatically retrieves financial data from external accounting systems and generates consolidated financial statements and SEC reports —all within a few minutes. Focus developers are automating to eliminate human involvement when it comes to manually updating the numbers. These technologies combined to have the potential to reduce manpower costs, expense 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 Relations 626-272-3883 [email protected] View the original release on
