noco-noco Pte Ltd. entered into a strategic business alliance with Tesnology Co. Ltd. (TESNOLOGY). This collaboration aims to accelerate the development and implementation of a group of RCTnm devices that seamlessly integrate noco-noco's high-value-added batteries equipped with X-SEPA?

(separator) technology and TESNOLOGY's distributed edge control technology. The RCTnm devices, first showcased at CES2023 and VivaTech 2023, represent a significant leap forward in the realm of energy management, decentralization, and the realization of smart cities. The key innovation driving this vision is the RCTnm device, a suite of products that combine TESNOLOGY's distributed data management technology with noco-noco's game-changing long-life and high temperature-resistant batteries, transforming data and energy management at the smallest household level to eventually establish smart cities with mesh communication local networks.

At the heart of these devices lies TESNOLOGY's 'DI-Engine', a language-centric digital system that ensures data security and democratization of information without relying on the Internet or cloud infrastructure that are globally responsible for 1% of energy-related GHG emissions. In fact, a single data center can consume up to the equivalent electricity of 50,000 homes, and by 2030, data centers are projected to consume 13% of global electricity. In addition, data and privacy challenges that come with cloud-based data storage are increasing coming under scrutiny and regulations around the world.

Amid growing concerns about data and privacy from cloud-based solutions, the RCTnm devices will optimize non-cloud data storage and management technologies, delivering a holistic decarbonized battery and energy management alternatives. The RCTnm devices redefine the purpose of batteries, transforming them from mere energy storage units into information and energy management hubs. These devices enable efficient electricity consumption, facilitate energy supply and demand forecasting, and empower citizens to actively engage in decarbonization activities.

The technology breakthrough unlocked by this collaboration not only simplifies sustainability efforts but also transforms decarbonization initiatives into value generators, creating opportunities for businesses to thrive while minimizing their environmental impact.