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Petnow to Showcase Its Pet Biometric Identification Technology at CEATEC 2024

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Petnow to Showcase Its Pet Biometric Identification Technology at CEATEC 2024
Business

Business

Petnow to Showcase Its Pet Biometric Identification Technology at CEATEC 2024

2024-10-14 10:00 Last Updated At:10:15

CHIBA, Japan, Oct. 14, 2024 /PRNewswire/ -- Petnow, a leading provider of pet biometric identification technology, will unveil the Japanese version of its innovative Petnow app at CEATEC 2024, held from October 15-18 at the Makuhari Messe in Chiba, Japan. The Petnow app allows users to identify their dogs and cats by recognizing unique biometric patterns, such as a dog's nose print or a cat's facial features. The app also features a location-based service that helps owners track and reunite with lost pets.

Since its founding in 2018, Petnow has developed advanced AI-based biometric technology for pets. The company has been widely recognized for its groundbreaking work, receiving the CES 2022 Innovation Award, the SuperZoo NPS Award in 2023, and the prestigious iF Design Award in 2024, among others.

Key Features of Petnow's Technology 

Petnow's technology is centered on the identification of pets using their unique biometric patterns. The app enables pet owners to capture their dog's nose print or their cat's facial features with a smartphone, allowing for quick and accurate identification. Additionally, the app offers a lost-and-found feature, using the user's location to display reports of missing and found pets on a map. The app's AI analyzes reported findings and sends alerts to owners when pets matching the description are found nearby.

Petnow's biometric solution presents a promising alternative to the traditional microchip implants currently used for pet identification. Unlike microchips, which require surgical implantation and specialized scanners, Petnow's technology is non-invasive and does not cause any discomfort to pets. It is also particularly useful for animals, such as cats, that are not subject to mandatory microchipping. In France, Petnow has partnered with the national animal registration organization I-CAD and is currently discussing field tests to explore the app's potential in a national registration system.

Junho Lim, CEO of Petnow, stated, "In Japan, where microchipping became mandatory for pets in 2022, there is significant interest in the Petnow app, especially for pets that fall outside the mandatory registration, such as older pets. We also expect the app to be highly beneficial for cat owners, given the app's industry-leading accuracy in feline biometric identification."

With its Japanese debut at CEATEC 2024, Petnow aims to further expand its presence in the global market, following its successful launches in the U.S., France, and Germany.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Petnow to Showcase Its Pet Biometric Identification Technology at CEATEC 2024

Petnow to Showcase Its Pet Biometric Identification Technology at CEATEC 2024

HONG KONG, Jan. 16, 2026 /PRNewswire/ -- As we move into 2026, Metis Global (Cook Islands) Limited ("Metis CI"), a subsidiary of Metis Global Group, has officially launched its brand-new regular savings trust plan, the "Starry Pro Plan." The plan integrates regular contributions, international trust protection, and diversified asset allocation arrangements to deliver an integrated solution for clients with medium- to long-term financial planning needs, balancing asset accumulation, structural stability, and legacy planning.

Amid rising market volatility and the increasing prevalence of cross-border allocation, clients are placing greater emphasis on the robustness of legal arrangements when planning for savings, education, or retirement objectives. Metis CI notes that the Starry Pro Plan is designed to help clients establish a forward-looking and disciplined financial structure with an accessible entry threshold.

20-Year Regular Contribution Design to Establish a Stable Financial Rhythm

The Starry Pro Plan adopts a 20-year regular savings trust structure with a standard Contribution Payment Term ("CPT"). Through consistent contributions, clients can gradually accumulate assets and establish a stable rhythm for financial planning under various market conditions. The plan is available for individual or joint applications of up to two persons and primarily targeting medium- to long-term financial goals.

Diverse Underlying Asset Design Supporting Different Financial Orientations

With respect to portfolio selection, the Starry Pro Plan provides two underlying asset options, allowing clients to make choices based on their personal circumstances and overall planning considerations at the point of application.

One option tracks the performance of the S&P 500 Index, representing a widely recognised benchmark of the U.S. equity market across multiple sectors and reflecting the long-term development of mature capital markets. The other is selected by clients from portfolios managed by third-party professional institutions, with allocations and adjustments made according to established investment strategies and market conditions.

Both approaches adopt a regular allocation mechanism to support the gradual accumulation of portfolio value across different market cycles.

International Trust Framework Strengthening Asset Protection and Legacy Arrangements

Metis CI serves as the trustee of the "Starry Pro Plan." Metis CI is a licensed trust company legally registered in the Cook Islands under the Trustee Companies Act 2014 and is regulated by the Cook Islands Financial Supervisory Commission ("FSC"). The Cook Islands is renowned for its mature common law system and the International Trusts Act 1984, and has long been regarded as an international jurisdiction with a robust legal foundation for trusts.

Under the trust structure, clients can appoint beneficiaries through a Letter of Wishes, significantly simplifying the asset transfer process. Assets are held under the independent custody of DBS Bank in Singapore and are fully segregated from the assets of Metis CI, thereby strengthening asset security.

Flexible Mechanisms Designed for Different Life Stages

Recognising that financial circumstances may change during a long-term contribution period, the "Starry Pro Plan" features several flexible options, including a Contribution Holiday, adjustments to contribution amounts, and a partial withdrawal mechanism. Throughout the CPT, clients can utilise up to 24 months of Contribution Holiday in total. Clients may also reduce the regular contribution amount or apply for partial withdrawals after the Initial Contribution Period, ensuring that their planning can adapt flexibly to changing life circumstances.

A Structure-Oriented Financial Tool

Metis CI states that the "Starry Pro Plan" emphasises structural design and medium- to long-term financial thinking. Through a defined contribution framework, a robust trust legal structure, and independent custody arrangements, the plan supports clients in building a more focused and resilient financial blueprint amid ongoing market uncertainty.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Metis "Starry Pro": Achieving Greater Wealth Stability in a Changing Landscape.

Metis "Starry Pro": Achieving Greater Wealth Stability in a Changing Landscape.

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