Latest news with #Optima
Time of India
16-05-2025
- Business
- Time of India
Qubo launches multiple smart door lock models: Price, specs and more
Qubo has expanded its smart door lock portfolio with the launch of five models. The new additions from the Hero Group's smart devices brand include the Smart Door Lock Nova, Alpha, and Optima. The company has also introduced the 2025 editions of its existing models, Smart Door Lock Select and Essential. Apart from this, Qubo is known in the smart home security market for other products like smart security cameras and video doorbells. Here are all the details about Qubo's new smart door lock models: Qubo's new smart door lock models: Price and availability Here are the pricing details of each new smart door lock model from Qubo: Qubo Smart Door Lock Select (2025 edition): Rs 22, 990 – Rs 24, 990 Qubo Smart Door Lock Nova: Rs 25,990 - Rs 27, 990 Qubo Smart Door Lock Essential (2025 edition): Rs 19, 990 - Rs 20, 990 Qubo Smart Door Lock Alpha: Rs 21, 990 - Rs 22, 990 Qubo Smart Door Lock Optima: Rs 17, 990 While Smart Door Lock Nova, Alpha and Optima will be exclusively available within Qubo's offline retail network (which includes more than 1500 stores across India), Smart Door Lock Select & Essential will continue to retail on all major marketplaces, including Amazon, Flipkart and the Qubo website. Qubo's new smart door lock models: Key highlights Here are the key features and specifications of Qubo's new smart door lock lineup: Product Name Security Features Bolt Configuration Key Highlights Target Audience Qubo Smart Door Lock Nova Advanced smart security, remote access, and real-time alerts 5 stainless-steel bolts, including a deadbolt Premium design, top-tier protection, seamless integration via Qubo App High-security seekers, premium segment Qubo Smart Door Lock Select Advanced smart security, remote access, and real-time alerts 5 stainless-steel bolts, including a deadbolt High performance, premium design, part of a connected ecosystem Homeowners wanting top security and design Qubo Smart Door Lock Alpha Multiple locking modes, app integration 2 sturdy bolts Affordable smart security, remote access, and real-time alerts Budget-conscious users seeking reliable smart locks Qubo Smart Door Lock Essential Multiple locking modes, app integration 2 sturdy bolts Practical smart features at an accessible price Entry-level smart lock users Qubo Smart Door Lock Optima No app required, smart security for beginners 4 strong bolts App-free operation, intuitive use, ideal for first-time smart security users Beginners in smart home security
Yahoo
07-05-2025
- Business
- Yahoo
AppSwarm Launches AskOptima.com to Advance AI-Powered Search Technology
TULSA, OKLAHOMA - May 7, 2025 (NEWMEDIAWIRE) - AppSwarm, Corp. (OTC: SWRM), a collective of creative and technological minds focused on gaming app development, business app development, web development, and white-label technology solutions, is proud to announce its launch of an AI-powered search engine platform that leverages the latest advancements in artificial intelligence. This strategic move not only expands AppSwarm's technological portfolio but also enhances its commitment to delivering sophisticated tools designed to optimize user engagement and search accuracy. AskOptima is more than just a search engine - it's a complete, flexible solution tailored to modern digital needs: Memorable & SEO-Friendly: The domain name is easy to remember, which should allow for repeat visits. With valuable keywords like "Ask" and "Optima" the name could enhance visibility and search engine ranking. Additionally, its prestigious .com extension reinforces credibility and professionalism. Contextual Understanding: Advanced NLP enables the platform to comprehend nuanced queries, delivering results that align with user intent rather than simple keyword matches. Real-Time Data Integration: pulls live web data to provide current and reliable answers. Conversational Search: Users can engage in iterative dialogues, asking follow-up questions with context carried over, mimicking natural human interaction. Scalable Architecture: Built for low latency and high throughput, the platform supports enterprise-level applications, from e-commerce to research and analytics. Enhanced Search Capabilities & Engagement: AskOptima allows customers to gain full control over their search functionality and tailor it to meet their specific needs. AskOptima delivers highly relevant results that enhance user satisfaction and engagement keeping visitors on site longer with a seamless, effective search experience. "We believe that innovative search technology builds the backbone of digital engagement," said Christopher Bailey, [CEO] at AppSwarm. "Producing not only provides us with a robust, premium domain, but also empowers AppSwarm to compete in the AI realm delivering a search experience that is both intuitive and transformative. Currently in the form of a web app, we are in the process of converting AskOptima to be available on iOS and Android moving forward." The production of is a key step in AppSwarm's ongoing commitment to embrace state-of-the-art technology solutions that can set new benchmarks in user engagement and service delivery. With customers can now harness an advanced, AI-powered tool that marries premium branding with dynamic functionality.
Business Upturn
06-05-2025
- Business
- Business Upturn
Optima Health to acquire Care first
By GlobeNewswire Published on May 6, 2025, 16:00 IST Optima Health to acquire Care first, a leading provider of mental health services, for a net consideration of £15,000, adding c.£3.7 million revenue to the Group Acquisition provides Optima with increased scale in its Mental Health division and will complement its existing Employee Assistance Programme ('EAP') service offering, bringing over 1,000 new customers, and c.40 employees Aligns with strategy of consolidating margin accretive businesses in areas with significant existing expertise, creating additional growth opportunities and scale benefits LONDON, UK, 6 May 2025, Optima Health (AIM: OPT), the UK's leading provider of technology enabled corporate health and wellbeing solutions, today announces that it has entered into an agreement to acquire the trade and assets of Care first ('Care first'), a leading provider of mental health services from Priory Group for a cash consideration of £350,000 (£15,000 net) on a cash free, debt free basis (the 'Acquisition'). The effective date will be 2 June 2025. The Acquisition will expand Optima Health's scale in the provision of mental health services, with Care first complementing the Group's existing EAP service offering. The deal will also expand Optima's customer base with the addition of over 1,000 new customers, presenting further cross selling opportunities of other occupational health and wellbeing solutions. Alongside this, the Acquisition brings additional specialist capabilities with approximately 40 experienced employees with a substantial network. This Acquisition aligns with Optima Health's strategic focus in the occupational health sector, consolidating margin accretive and value creating businesses in areas where we have significant expertise, creating additional growth opportunities and scale benefits with enhanced operating leverage. Further to the Acquisition, and as previously reported, there are significant opportunities to accelerate growth, and the Board will continue to evaluate bolt-on acquisitions and consolidation in the market. Jonathan Thomas, Chief Executive Officer of Optima Health, said: ' The acquisition of Care first demonstrates our ability to continue to execute on our communicated strategy. The business is strategically aligned with ours in a market we understand extremely well, creating opportunities for scale. We look forward to integrating the businesses and benefiting from the significant additional specialist capabilities and revenue growth opportunities, as we continue to evaluate further value-enhancing bolt-on opportunities in the market.' Financial considerations Under the terms of the agreement to acquire the entire trade and assets of Care first on a cash free, debt free basis, Optima Health will pay a consideration of £350,000 on completion, offset by an apportionment adjustment of £335,000, meaning a net consideration of £15,000. The Acquisition will be financed using the Group's existing financing facilities. In the 12 months to December 2024, Care first generated unaudited revenue of £4.4 million. Enquiries Optima Health Jonathan Thomas, CEO Heidi Giles, CFO +44(0)3300085113 [email protected] Nominated Adviser and Corporate Broker Panmure Liberum Limited Emma Earl / Will Goode / Mark Rogers Rupert Dearden +44 (0)20 3100 2000 UK Financial PR Adviser ICR Healthcare Mary-Jane Elliott / Angela Gray / Lindsey Neville [email protected] About Optima Health Optima Health is the UK's leading provider of occupational health and wellbeing services, directly influencing and improving people's lives for 25 years. Optima Health's incredible team of professionals quickly and effectively encapsulate client's needs, supporting organisations of all shapes and sizes. Through tailored solutions and innovative systems, Optima Health offers unparalleled clinical expertise to its clients. These solutions ensure that processes are simple and allow its clients to spend more time focusing on their employees driving a healthy, high-performing workplace. For more information visit Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Daily Mail
28-04-2025
- Business
- Daily Mail
SMALL CAP IDEA: Optima Health's model is largely immune from trade volatility
In the wake of the global bow waves created by President Trump's quixotic approach to trade and tariffs, investors have been scurrying toward so-called safe-haven assets. Gold has soared to record levels as individuals, banks, investment funds, and even governments seek a hedge against what increasingly resembles an all-out confrontation between the US and China. At home, comfort is being sought in traditional 'defensives'. Grocers such as Tesco and Sainsbury (and even the tobacco sector) are seeing renewed interest. The common theme is reliable earnings and dividends in times of stress. Beyond the FTSE giants, analysts are screening for the same qualities in the small and mid-cap sector. Deutsche Bank this week highlighted its top 10, a predictable list of homegrown names, largely insulated from tariffs and the now-looming threat of global recession. But what the likes of Deutsche and its peers have been slower to spot, principally because their algorithms don't allow for it, are value stocks below the £500million threshold. And here, in the market's overlooked undergrowth, sit a handful of businesses that are cash-generative, growing, stable and largely unbothered by the storm of bad news emanating from Washington. One such company, though by no means the only example, is Optima Health. With a market capitalisation of £160million, it doesn't make it onto most institutional screens but probably should. Optima's model is simple, but well executed. Its buy-and-build strategy has been stress-tested enough to suggest the business can continue to make earnings-accretive acquisitions that underpin growth. Led by chief executive Jonathan Thomas, the company provides outsourced occupational health services. Specifically, this includes risk management, health surveillance, fitness assessments, workplace health advice and adaptations, employee wellbeing support, and 'evidence-based clinical interventions to support employees to be healthy at work'. The aim is to maximise attendance and performance while safeguarding employee health and ensuring their roles remain suitable. At its core is a digitally enabled, flexible operating model that allows the business to scale rapidly as contracts and acquisitions are added. Optima supports over five million employees across the UK and directly employs over 800 multidisciplinary occupational health clinicians and around 1,500 total staff. Its infrastructure includes over 50 occupational health clinics, more than 1,700 counselling providers, and upwards of 900 physiotherapists, all supported by 38 mobile screening units. Optima's revenues are long-term, contracted and recurring, drawn from both the public and private sectors. 'This makes us pretty resilient to economic shocks and disruption,' says Thomas. Occupational health, he points out, is a regulatory must-have, not a discretionary extra to be dropped in lean times. It's this defensive profile that makes Optima stand out. The UK occupational health market is worth £1.2billion and is forecast to grow at 4 per cent a year through 2028. Despite this, 80 per cent of UK employers still don't offer any occupational health provision, even as ill-health and presenteeism cost the economy an estimated £150billion annually. Optima is targeting a 25 per cent share of the market through a mix of organic growth, expansion and acquisitions. The group is focusing on bolt-on deals, complementary services and entry into new sectors, supported by a scalable platform and a tested integration model. Its latest deal, Cognate Health, for up to €9million, will be earnings-accretive from day one. Just as important, it gives Optima its first foothold in the Republic of Ireland. Crucially, Optima's buy-and-build strategy is more than a simple arbitrage on private versus public company valuations. It is underpinned by synergies. Plugging new operations into Optima's digital backbone delivers immediate cost benefits. Thomas and his team are also looking at ways to cross-sell new products into their existing client base. And by winning work from major clients across both public and private sectors, including multinationals, large blue light emergency services, and national infrastructure organisations, the group has shown it can handle complex, large-scale public sector contracts. The same credentials helped secure a high-profile win: a deal to deliver recruitment medicals for the UK armed forces in partnership with Serco. 'It looks like a new market,' says Thomas, 'but actually it's very similar to what we already deliver at scale for existing clients. We'll look at more opportunities like that just outside the core occupational health space.' Though it was only listed on AIM in September, Optima has a long track record of growth. Previously part of the stock market quoted group Marlowe, and before that under private equity ownership, it now leads what remains a highly fragmented market. Revenues are expected to reach £115million this year. The company has access to a £20million revolving credit facility, half drawn, and Thomas suggests there's scope for further debt funding if a larger opportunity arises. Strong cash generation will also help fund the next leg of growth. RBC, in a recent note, praised Optima's defensive qualities. It highlighted regulatory support and loyal customers, and noted that the company is growing faster than the market, a useful shield against wider economic gloom. Following the Cognate acquisition, RBC raised its price target to 220p, up from 215p. That's based on a valuation of 10.8 times forecast 2025 earnings (EV/EBITDA). Currently trading at around 8 times, RBC expects the multiple to rise toward levels seen across the insurance and healthcare sectors, typically 9.3 to 12.8 times. Panmure Liberum was also positive, raising its target to 212p from 208p. Its valuation uses a blend of peer comparisons and discounted cash flow. Optima's shares are currently trading at 177p. Even so, Optima isn't bulletproof. One curveball came in the form of a surprise hike in employers' National Insurance contributions, announced by Chancellor Rachel Reeves in her Spring Statement. It will add to costs, which Optima will need to mitigate through growth and technology enhancements. But as these things go, Optima looks as solid as a company can be in this environment. It may not have excited investors during the AI and tech frenzy, but it looks much more compelling amid tariffs and macro uncertainty. It's definitely one for the watch list.
Yahoo
14-03-2025
- Politics
- Yahoo
Maricopa County Attorney's Office won't investigate Scottsdale mayor on ethical allegations
The Maricopa County Attorney's Office said Friday it would not open a formal investigation into Scottsdale Mayor Lisa Borowsky, who has, for weeks, been embroiled in allegations of ethical misconduct related to a city parking structure. "We have completed our review of the information provided to us about Mayor Borowsky. We've determined there is nothing to pursue and the matter is concluded," said Jeanine L'Ecuyer, deputy chief of staff for County Attorney Rachel Mitchell. Earlier this month, L'Ecuyer said the office had received "informal information" questions about actions by Borowsky and was exploring whether to launch a formal investigation into potential criminal conduct. The complaint came after an anonymous blog suggested Borowsky was trying to benefit her friend and campaign donor, David Hovey Jr., who is chief operating officer at Optima Inc., the firm behind the luxury Optima apartments near Scottsdale Fashion Square. In mid-February, the City Council approved a $1.6 million preconstruction contract to expand a parking structure in Old Town that Borowsky opposed. Borowsky sought to delay the vote but was outvoted, and then was the lone vote against approving the contract. That, plus meetings the mayor hosted in which she asked Hovey Jr. to present renderings for better garage options, drew suspicion that she was trying to cancel that Chasse contract and later give it to Hovey Jr. Borowsky and Hovey Jr. vehemently denied the accusations and earlier this week threatened to sue current and former city council members, plus three residents, for "conspiring to defame" them. Vice Mayor Jan Dubauskas, who had called the mayor's meetings "concerning" and who received letters from Borowsky and Hovey Jr.'s attorney, said the county attorney's decision was "good to hear." "Focusing on the residents is my No. 1 priority, and I'm glad that we can do just that," Dubauskas said. Borowsky and Hovey Jr. did not immediately respond to request for comment. This is a developing story. Check back here for updates. Like this story? Get more East Valley news straight into your email inbox by signing up for our free weekly East Valley Newsletter, which comes out on Wednesdays. Taylor Seely covers Phoenix and Scottsdale for The Arizona Republic / Reach her at tseely@ or by phone at 480-476-6116. This article originally appeared on Arizona Republic: Maricopa County Attorney's Office ends investigation of Scottsdale mayor
