LAS VEGAS, Jan. 19, 2021 /PRNewswire/ -- Remark
Holdings, Inc. (NASDAQ: MARK), a diversified global technology
company with leading artificial intelligence ("AI") solutions and
digital media properties, today announced that after rigorous
testing of its software on Hewlett Packard Enterprise ("HPE")
platforms, HPE has named Remark a Silver Partner in HPE's
Technology Partner Program, and that the companies will jointly
market AI solutions addressing retail management, security,
surveillance, and health security.
HPE's leading-edge servers, storage and networking products will
allow us to reliably scale our solutions
"Computer vision technology requires powerful servers to process
an enormous amount of data. Combining our computer vision expertise
with HPE's leading-edge servers, storage and networking products
will allow us to reliably scale our solutions to fulfill larger
customer's needs," stated Kai-Shing
Tao, Chairman and Chief Executive Officer of Remark
Holdings. "Because our software has been verified on HPE's
platforms, our team will now bring opportunities to HPE and, in
turn, they will make our solutions available to their customers.
Expanding our distribution network has been a key focus for our
worldwide marketing plan. Having HPE add us to their Technology
Partner Program is the first success in what we anticipate will be
several new, large sales channel partnerships announced in the
coming year."
In November 2015, HPE launched
with a vision to help organizations accelerate outcomes by
unlocking value from all of their data from edge to cloud. HPE is a
global, edge-to-cloud, Platform-as-a-Service company built to
transform businesses by helping them connect, protect, analyze, and
act on all your data and applications wherever they live, from edge
to cloud, so businesses can turn insights into outcomes at the
speed required to thrive in today's complex world. For information
on the Technology Partner Program, please click here.
About Remark Holdings, Inc.
Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated
suite of AI solutions that enable businesses and organizations to
solve problems, reduce risk and deliver positive outcomes. The
company's easy-to-install AI products are being rolled out in a
wide range of applications within the retail, public safety and
workplace arenas. The company also owns and operates an e-commerce
digital media property focused on a luxury beach lifestyle. The
company is headquartered in Las Vegas,
Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please
visit the company's website at www.remarkholdings.com.
Forward-Looking Statements
This press release may contain forward-looking statements,
including information relating to future events, future financial
performance, strategies, expectations, competitive environment and
regulation. Words such as "may," "should," "could," "would,"
"predicts," "potential," "continue," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," and similar
expressions, as well as statements in future tense, identify
forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors, including those
discussed in Part I, Item 1A. Risk Factors in Remark Holdings'
Annual Report on Form 10-K and Remark Holdings' other filings with
the SEC. Any forward-looking statements reflect Remark Holdings'
current views with respect to future events, are based on
assumptions and are subject to risks and uncertainties. Given such
uncertainties, you should not place undue reliance on any
forward-looking statements, which represent Remark Holdings'
estimates and assumptions only as of the date hereof. Except as
required by law, Remark Holdings undertakes no obligation to update
or revise publicly any forward-looking statements after the date
hereof, whether as a result of new information, future events or
otherwise.
Company Contacts
E. Brian Harvey
Senior Vice President of Capital Markets and Investor Relations
Remark Holdings, Inc.
ebharvey@remarkholdings.com
702-701-9514
Fay Tian
Vice President of Investor Relations
F.Tian@remarkholdings.com
(+1) 626-623-2000
(+86) 13702108000
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SOURCE Remark Holdings, Inc.