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Yahoo
05-05-2025
- Business
- Yahoo
Kneat Expands Executive Leadership Team
Co-founder Kevin Fitzgerald Becomes Chief Innovation Officer as Donal O'Sullivan Joins as Chief Product Officer LIMERICK, Ireland, May 05, 2025 (GLOBE NEWSWIRE) -- inc. (TSX: KSI) (OTC: KSIOF) ('Kneat' or the 'Company') a leader in digitizing and automating validation and quality processes, today announced the expansion of its executive leadership team. As a product-led company that continues to scale for efficiencies and satisfy the growing demand from global customers, Kneat's innovation and product development are critical pillars for success. To optimise product operational excellence and strategic planning, Kneat is expanding its senior management team to provide the necessary strategic leadership, governance and cadence as it grows. In early June, Kevin Fitzgerald, Kneat co-founder and Chief Product Officer, will step out of his current role and not seek re-election to the Board of Directors to take on the newly created role of Chief Innovation Officer. This will enable Kevin to dedicate his focus and attention on the strategic vision and innovation of Kneat product, ensuring clarity of product definition and alignment of product requests and features to that vision. At that time, Donal O'Sullivan will join Kneat to fill the role of Chief Product Officer. Donal has more than 25 years' experience in software development leadership roles. Donal joins Kneat from My Compliance Office where he is currently acting as CPO. Prior to this, Donal served as Global Head of Analytics Product Management in PICO Ltd for four years, having previously served in Corvil for 18 years as Head of product Management and Director of Product Management. His responsibilities included leading the Product Management team, Product Marketing, Sales Enablement, Pricing and Bundling product, as well as managing the Corvil Portfolio to deliver significant growth. PICO, a provider of IT performance and operational analytics systems, acquired Corvil, and Donal successfully merged the best of Corvil's product capabilities with PICO's strong record of service delivery. 'Donal's varied and extensive software development and product management leadership experience will be hugely beneficial as we become a bigger company. With Donal on board and Kevin able to focus exclusively on developing the Kneat Gx platform to its full potential, we are better equipped to capture the exceptional opportunity in front of us today.' – Eddie Ryan, Chief Executive Officer of Kneat. About Kneat Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end. Kneat Gx is fully ISO 9001 and ISO 27001 certified, fully validated, and 21 CFR Part 11/Annex 11 compliant. Multiple independent customer studies show up to 40% reduction in documentation cycle times, up to 20% faster speed to market, and a higher compliance standard. Cautionary and Forward-Looking Statements Except for the statements of historical fact contained herein, certain information presented constitutes 'forward-looking information' within the meaning of applicable Canadian securities laws. Such forward-looking information includes, but is not limited to, the relationship between Kneat and the customer, Kneat's business development activities, the use and implementation timelines of Kneat's software within the customer's validation processes, the ability and intent of the customer to scale the use of Kneat's software within the customer's organization, our ability to win business from new customers and expand business from existing customers, our expected use of the net proceeds from the IPF Facility and the public equity financing completed in both February and October 2024 and the anticipated effects thereof on the business and operations of the company, and the compliance of Kneat's platform under regulatory audit and inspection. These and other assumptions, risks and uncertainties may cause Kneat's actual results, performance, achievements and developments to differ materially from the results, performance, achievements or developments expressed or implied by forward-looking statements. For further information: Katie Keita, Kneat Investor RelationsP: + 1 902-706-9074E: in to access your portfolio
Yahoo
16-04-2025
- Business
- Yahoo
QD-OLED to Account for 73% of OLED Monitor Shipments in 2025, Driven by Advancing Technology and New Products, Says TrendForce
TAIPEI, Taiwan, April 16, 2025--(BUSINESS WIRE)--TrendForce's latest investigations reveal that ongoing advancements in OLED displays are propelling the growth of QD-OLED monitor shipments. QD-OLED's share of OLED monitor shipments is expected to rise from 68% in 2024 to 73% in 2025, highlighting its strong competitiveness in the high-end monitor market. Driven by growing market demand, more brands and product lines are expected to adopt QD-OLED to deliver superior image quality and refresh rates for gamers and professional users. The introduction of new 27-inch UHD products and high-refresh-rate QHD 500 Hz monitors is drawing attention. These models offer strong appeal for gaming and professional use, becoming key drivers of QD-OLED monitor adoption. The penetration rate of QD-OLED in 27-inch models is projected to grow from 32% in 2024 to 47% in 2025, driven by an expanding product lineup and ongoing technical improvements. QD-OLED offers superior visuals but faces challenges in durability and cost TrendForce notes that the main advantage of QD-OLED lies in its use of blue OLED light to excite quantum dots, which then emit pure red and green light. This design boosts brightness, color saturation, and gamut coverage, resulting in brighter, more vibrant, and finely detailed visuals. However, QD-OLED's reliance on blue light can impact panel longevity, and residual ambient light in dark scenes may still trigger unwanted quantum dot emissions in dark scenes, potentially compromising visual clarity. Recent developments include the addition of a green emission layer, boosting luminous efficiency by 30% to improve both energy consumption and image quality. Meanwhile, PICO inkjets allow for more precise deposition of quantum dot ink, achieving pixel densities of 140 PPI and enabling 4K resolution on 32-inch panels—further improving QD-OLED's competitiveness in the premium monitor space. TrendForce's latest report on "OLED Panel Costs" notes that emissive materials and QD film account for the largest share of QD-OLED production costs. However, the inkjet process currently results in 20% ink waste per nozzle. Newly developed recycling techniques can recover up to 80% of residual ink, helping reduce costs and improve material efficiency. Additionally, SDC's depreciation of QD-OLED production lines is expected to conclude in 2027, lowering production costs and boosting the competitiveness and adoption of QD-OLED monitors. SDC also plans to adopt a new emissive material solution by then to address burn-in and extend panel lifespan. TrendForce's "OLED Technology and Market Analysis" further notes that the TV market for OLED is being constrained by the growing popularity of ultra-large LCDs and the cost competitiveness of Mini LED backlighting. However, OLED adoption in the IT sector remains in its early stages, with strong customer interest. As QD-OLED and WOLED technologies continue to compete on brightness and other specs, they are expected to drive OLED adoption in emerging applications beyond IT, such as industrial control systems, public information displays, and the increasingly popular transparent displays. For further details of this press release, including the accompanying tables and figures, please visit: For additional insights from TrendForce analysts on the latest tech industry news, trends, and forecasts, please visit our blog at About TrendForce ( TrendForce is a global provider of the latest development, insight, and analysis of the technology industry. Having served businesses for over two decades, the company has built up a strong membership base of 500,000 subscribers. TrendForce has established a reputation as an organization that offers insightful and accurate analysis of the technology industry through five major research departments: Semiconductor Research, Display Research, Optoelectronics Research, Green Energy Research, and ICT Applications Research. Founded in Taipei, Taiwan, in 2000, TrendForce has extended its presence in China since 2004 with offices in Shenzhen and Beijing. View source version on Contacts Ms. Peng ChenTel: +886-2-8978-6488 ext. 667pengchen@ Ms. Pinchun ChouTel: +886-2-8978-6488 ext.669pinchunchou@ Sign in to access your portfolio
