LAS VEGAS and GREENWOOD, Ind., Nov. 14, 2024 /PRNewswire/ — SEE ID, Inc. doing trade as Dot Ai (“Dot Ai”), a pioneering startup at the leading edge of asset knowledge generation, and Würth Business North The united states (WINA), a prominent commercial distributor and section of the Würth Workforce, have introduced the execution of a Spouse Distribution assurance. This five-year assurance will convey complex, AI-driven monitoring answers to WINA’s consumers, providing unheard of visibility into inside and buyer premise operations. This gives Dot Ai’s unique partnership to provide the producing vertical. The collaboration targets to boost up form processes, support efficiency metrics, and optimize asset knowledge for WINA’s production and commercial purchasers.

Beneath this assurance, WINA consumers will acquire get entry to to Dot Ai’s cutting-edge observe and hint generation, together with the ZIM Bridge, Business Passive asset tag answer (which calls for refuse battery), and a cloud-based, AI platform that regularly optimizes processes. Those inventions will probably be seamlessly built-in with WINA’s custom designed CPS^® kanban stock control answers, offering real-time information and lengthening responsiveness to converting calls for, for the purpose of unheard of provide chain metrics and safety.

“Integrating Dot Ai’s advanced AI technology into our existing CPS^® kanban inventory management solutions will enable us to bring a new level of efficiency and innovation to our customers,” mentioned Daniel Schmidt, Senior Vice President at Würth Business North The united states. “Würth Industry has a long history of bringing innovative inventory management solutions to our manufacturing customer base, and this partnership reinforces this commitment. This innovation not only provides customers with peace of mind knowing that their supply chain is secure, it prepares them for the next evolution of industrial technology.”

“Partnering exclusively with Würth Industry North America, a dominant industrial player, is a significant step in bringing our advanced tracking technology to the manufacturing sector,” mentioned Dot Ai CEO Edmund Nabrotzky. “We look forward to supporting WINA and their customers to elevate their automation processes and increase their operational efficiency. Both Dot Ai and WINA are working at the forefront of the next generation of manufacturing technology and together will provide the context needed for human, environmental, safety, and social considerations to be integrated into supply chain strategies.”

Business-Well-known Inventions for Fashionable Production
The partnership emphasizes a constancy to advancing Business 4.0 practices by way of harnessing the facility of the Business Web of Issues (IIoT). By way of including clever monitoring applied sciences, WINA and Dot Ai will support consumers support forecasting accuracy, mitigate dangers, and shed or do away with provide chain disruptions. With options equivalent to real-time information insights and automatic decision-making, the answer deals an important soar ahead towards Business 5.0, the place generation helps a extra holistic way to commercial processes.

Background Knowledge on Dot Ai’s Industry Mixture Guarantee with ShoulderUp
On March 18, 2024, Dot Ai and ShoulderUp Era Acquisition Corp.entered right into a trade mixture assurance this is anticipated to be finished in the second one part of 2024, (the “Business Combination”), matter to regulatory approvals and alternative standard latter situations. In reference to the latter, the ensuing corporate is anticipated to be indexed on Nasdaq beneath the ticker image “DAIC”.

About Dot Ai
On the center of the technological revolution in asset control and safety lies Dot Ai, a trailblazing SaaS provider this is redefining the paradigms of asset knowledge, pledge, and protection. By way of harnessing the facility of IoT monitoring generation, Dot Ai stands at the leading edge of innovation, providing patented answers that don’t seem to be simply complex however transformative. Thru relentless analysis and construction, Dot Ai has pioneered a set of applied sciences that empower organizations not to best streamline their logistics and provide chain processes but additionally bolster operational safety to unheard of ranges. Leveraging cutting-edge AI engines, state of the art 5G RF and BLE generation, and seamless cloud integrations, Dot Ai transcends conventional barriers, providing real-time asset visibility and predictive analytics that combine easily with current infrastructure. This isn’t simply generation; it’s a optic for a extra conserve, environment friendly, and hooked up international. Uncover extra about how Dot Ai is prominent the rate in asset knowledge by way of visiting https://daic.ai.

About Würth Business North The united states
Würth Business North The united states (WINA) is a $1+ billion section of the Würth Workforce, the arena’s greatest commercial distributor and a privately held, family-owned trade since 1945. WINA’s extremely custom designed logistics answers decrease consumers’ buying and running prices, shed deposit footprint, and independent up their groups to be aware of their core trade. To assure that consumers get essentially the most out in their methods and merchandise, WINA employs a crew of over 2,200 people, many professionals with many years of revel in who serve worthy and an expert buyer assistance. WINA deals a complete layout of business and development services and products. Those come with additive production, virtual stock, engineering support, constituent keep an eye on, stock control, merchandising, protection provides, kitting and meeting, structural fasteners, and MRO/commercial provides. Consumers all through North The united states are serviced via WINA’s community of distribution facilities around the U.S., Canada, Mexico, and Brazil. The corporate is the author of the worldwide layout Würth Knowing, the business’s first fastener training YouTube layout. For more info on Würth Business North The united states, seek advice from wurthindustry.com.

Notable Knowledge In regards to the Industry Mixture and The place to In finding It

In reference to the Industry Mixture, CID Holdco, Inc. filed a Registration Commentary on Method S-4 (Report Deny.) (as is also amended from moment to moment, the (“Registration Statement”), that features a initial proxy observation/prospectus. The proxy observation/prospectus will probably be despatched to all ShoulderUp shareholders as of a report week to be enthusiastic by way of ShoulderUp for vote casting at the Industry Mixture. This press leave does now not comprise the entire data that are meant to be thought to be regarding the Industry Mixture and alternative issues and isn’t supposed to serve the foundation for any funding resolution or any alternative resolution in appreciate of such issues. CID Holdco, Inc., ShoulderUp and the Corporate might also document alternative paperwork with the SEC in regards to the Industry Mixture. The stockholders of ShoulderUp and Dot Ai and alternative people are prompt to learn the definitive proxy observation/prospectus and alternative paperwork filed in reference to the Industry Mixture, as those fabrics will comprise notable details about CID Holdco, Inc., ShoulderUp and Dot Ai and the Industry Mixture.

Buyers and safety holders will be capable to download independent copies of the proxy observation/prospectus and all alternative related paperwork filed or that will probably be filed with the SEC by way of ShoulderUp in the course of the web page maintained by way of the SEC at www.sec.gov or by way of directing a request to ShoulderUp to 125 Townpark Power, Suite 300, Kennesaw, Georgia 30144 or by the use of e-mail at [email protected] 

Individuals within the Solicitation

CID Holdco, Inc., Dot Ai, ShoulderUp and their respective administrators and government officials is also deemed to be contributors within the solicitation of proxies from ShoulderUp’s shareholders in reference to the Industry Mixture. An inventory of the names of such administrators and government officials, data relating to their pursuits within the Bbusiness Mixture and their possession of ShoulderUp’s securities are, or will probably be, contained in CID Holdco, Inc.’s and ShoulderUp’s filings with the SEC, and such data and names of Dot Ai’s administrators and government officials may also be within the Registration Commentary to be filed with the SEC by way of CID Holdco, Inc., Dot Ai, and ShoulderUp, which is able to come with the proxy observation of ShoulderUp. Chances are you’ll download independent copies of those paperwork as described within the previous paragraph.

Ahead-Having a look Statements

This press leave comprises forward-looking statements inside the that means of the Personal Securities Litigation Reform Office of 1995. Ahead-looking statements come with all statements that don’t seem to be ancient info, together with the statements in regards to the expected timing and advantages of the proposed transactions. All forward-looking statements are according to ShoulderUp’s flow expectancies and ideology relating to date tendencies and their possible results on ShoulderUp, Dot Ai or any successor entity thereof. Ahead-looking statements are according to numerous guesses, sooner or later recognized on this press leave, and are matter to dangers and uncertainties. Those forward-looking statements don’t seem to be supposed to provide as a agreement of date efficiency. Many components may reason original date occasions to fluctuate materially from the forward-looking statements on this press leave, together with however now not restricted to: (i) the failure to fulfill the situations to the consummation of the transaction, together with the adoption of the Industry Mixture Guarantee by way of ShoulderUp’s shareholders, the delight of the minimal consider account quantity following any Redemptions by way of ShoulderUp’s nation shareholders, (ii) the prevalence of any tournament, exchange or alternative climate that would give be on one?s feet to the termination of the Industry Mixture Guarantee, (iii) the impact of the announcement or pendency of the transaction on Dot Ai’s trade relationships, running effects and trade usually, (iv) dangers that the transaction disrupts flow plans and operations of Dot Ai, (v) the result of any criminal court cases that can be instituted towards Dot Ai or ShoulderUp alike to the Industry Mixture Guarantee or the proposed transaction, (vi) prices alike to the transaction and the failure to comprehend expected advantages of the transaction or to comprehend estimated professional forma effects and underlying guesses, together with with appreciate to estimated shareholder Redemptions, (vii) the danger that Dot Ai and its flow and date collaborators are not able to effectively form and commercialize Dot Ai’s merchandise or products and services, or revel in vital delays in doing so, (viii) the danger that Dot Ai would possibly want to elevate spare capital to shoot its marketing strategy, which many now not be to be had on applicable phrases or in any respect, and (ix) the danger that the post-combination corporate stories difficulties in managing its expansion and increasing operations. The foregoing record of things isn’t exhaustive. You will have to in moderation imagine the foregoing components and the alternative dangers and uncertainties described within the “Risk Factors” division of the S-4 Registration Commentary and proxy observation/prospectus mentioned above and alternative paperwork filed or to be filed by way of ShoulderUp, Dot Ai and/or or any successor entity thereof from moment to moment with the SEC. Those filings establish and cope with alternative notable dangers and uncertainties that would reason original occasions and effects to fluctuate materially from the ones contained within the forward-looking statements. Ahead-looking statements discuss best as of the week they’re made. Readers are cautioned to not put undue reliance on forward-looking statements, and ShoulderUp assumes refuse legal responsibility and don’t intend to replace or revise those forward-looking statements, whether or not on account of fresh data, date occasions, or another way, apart from as required by way of legislation.

Non-Solicitation

This press leave isn’t a proxy observation or solicitation of a proxy, consent or authorization with appreciate to any securities or in appreciate of the prospective transaction and shall now not represent an trade in to promote or a solicitation of an trade in to shop for the securities of ShoulderUp, Dot Ai, or any successor entity thereof, nor shall there be any trade in, solicitation, or sale of this kind of securities in any circumstance or jurisdiction through which such trade in, solicitation, or sale could be illegal previous to registration or qualification beneath the securities rules of such circumstance or jurisdiction. Deny trade in of securities will be made apart from by way of a prospectus assembly the necessities of the Securities Office.

Deny Deal or Solicitation

This Flow Record is for informational functions best and does now not represent an trade in or a solicitation of an trade in to shop for or promote securities, property or the trade described herein or a constancy to ShoulderUp, Dot Ai or the Corporate, neither is it a solicitation of any vote, consent or commendation in any jurisdiction pursuant to or in reference to the proposed trade mixture or another way, nor shall there be any trade in, sale, issuance or switch of securities in any jurisdiction in contravention of acceptable legislation.

SOURCE Würth Business North The united states

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