Wednesday, May 31, 2017

TOSHIBA'S NEW ICS FOR BLUETOOTH® SMART DEVICES OFFER THE INDUSTRY'S LOWEST CLASS CURRENT CONSUMPTION AND ENHANCED SECURITY

- Support secure communications for IoT products such as wearables and small devices that use coin batteries -

TOKYO, May 31 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of two new ICs, "TC3567CFSG" and "TC3567DFSG," that match industry leading [1] low current consumption realized by previous products[2] while offering an enhanced security function. The new ICs are the latest additions to Toshiba's line-up of ICs supporting Bluetooth® Low Energy (LE)[3] ver.4.2 communications. Sample shipments start today.

The new ICs, like previous products, realize a peak current consumption of 3.3mA at 3V voltage supply in transmission mode by adopting a highly efficient DC-DC converter and an original low-power circuit design. They are also able to acquire a random number with a length of up to 32 bytes, using a random number generator, newly incorporated as hardware, a function that will help to strengthen the information security of IoT products.
http://mrem.bernama.com/viewsm.php?idm=29261

CHANGES TO SKILLED WORKER VISAS WILL IMPACT ACCESS TO GLOBAL EXECUTIVE TALENT POOL, SAYS AESC

Call to reconsider visa changes in light of negative ‘unintended consequences’

SYDNEY, Australia, June 1 (Bernama-GLOBE NEWSWIRE) -- There was collective concern expressed this week amongst members of the Association of Executive Search and Leadership Consultants (AESC) over the impact of recent changes to immigration regulations. It was agreed the changes may detrimentally affect Australia’s ability to attract high calibre global talent. The AESC members are drawn from the top executive search and leadership advisory firms across Australia.

http://mrem.bernama.com/viewsm.php?idm=29270

TACONIC BIOSCIENCES SECURES CRISPR LICENSE FROM ERS GENOMICS

HUDSON, N.Y., May 31 (Bernama-GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in genetically engineered mouse models and associated services, announced it has signed a license agreement with ERS Genomics (“ERS”) to utilize the company’s CRISPR-Cas9 technology to generate unique murine models.

Under the agreement, Taconic receives a worldwide non-exclusive license to the CRISPR-Cas9 patents often referred to as the “UC Berkeley patent.” ERS Genomics founder, Emmanuelle Charpentier, is a co-inventor of the CRISPR-Cas9 technology. This agreement with ERS complements Taconic’s CRISPR service platform, adding to its existing license with the Broad Institute. Holding licenses with both groups provides Taconic access for use in all cell types as well as for use in both mouse and rat species, a rare distinction within the animal model field.

“There is no doubt that CRISPR-Cas9 has revolutionized gene editing and thus drug discovery. Adding the ERS technology to Taconic’s existing CRISPR platform allows the company to stand out among competitors by offering a fully-licensed, comprehensive CRISPR platform,” shared Dr. John Couse, Taconic Biosciences’ director of genetically modified model design. 

“We are very pleased to add Taconic to our list of licensees as it furthers our goal of making this technology more broadly accessible and Taconic is certainly a globally recognized leader in the animal model field,” added Eric Rhodes, chief executive officer of ERS.  

Taconic is a fully-licensed provider of rodent model generation services and has twenty years of model design experience. The company provides gene inactivation, gene mutation or replacement, transgene expression, RNAi, and gene editing via CRISPR-Cas9, pronuclear injection, and homologous recombination technologies to ensure that the right tools are leveraged for each specific customer project. Taconic’s unique capability of providing a seamless transition from model design to breeding and colony management, offers customers a complete solution. These scientific services include acquiring or generating, importing, licensing, breeding, testing, preparing, and distributing genetically engineered models to any location worldwide.

To learn more about Taconic's custom model generation, please call 1-888-TACONIC (888-822-6642) in the US, or +45 70 23 04 05 in Europe, or email info@taconic.com.

About Taconic Biosciences, Inc. 

Taconic Biosciences is a fully-licensed, global leader in genetically engineered rodent models and services. Founded in 1952, Taconic helps biotechnology companies and institutions acquire, custom generate, breed, precondition, test, and distribute valuable research models worldwide.  Specialists in genetically engineered mouse and rat models, precision research mouse models, and integrated model design and breeding services, Taconic operates three service laboratories and six breeding facilities in the U.S. and Europe, maintains distributor relationships in Asia and has global shipping capabilities to provide animal models almost anywhere in the world.

Media Contact:
Kelly Owen Grover
Director of Marketing Communications
(518) 697-3824
kelly.grover@taconic.com

SOURCE : Taconic Biosciences

--BERNAMA

FINTECH COMPANY RUBIQUE ESTABLISHING ITS MARK IN INTERNATIONAL MARKETS

Selected as one of the participants in Abu Dhabi's RegLab Sandbox initiative

MUMBAI, India, May 31 (Bernama-BUSINESS WIRE) -- By facilitating loan disbursement worth $200 mn & setup of over 35,000 credit cards, Rubique is heading towards becoming a definitive fintech player in Indian online lending which has generated ~$3.5 mn revenue more than its series A funding.

Rubique, the one-stop online marketplace, provides technology enabled end-to-end solutions to financing needs of individuals & SMEs. The platform enables users to get access to loan, credit card & insurance products. It expedites the process by its unique matchmaking algorithm enriched with intelligence built on 117 digitized credit policies. This algorithm matches the borrower's requirement & eligibility with lender's lending criteria, thus making the product discovery more predictable. With endeavor to introduce 100% digitization in Indian lending system, Rubique has directly integrated its platform with financial institutions' systems to provide online in-principle approval. The other technology interventions like eKYC, Aadhar integration & online credit bureau check make the process further simplified.
http://mrem.bernama.com/viewsm.php?idm=29254

Monday, May 29, 2017

A.M. BEST DOWNGRADES CREDIT RATINGS OF THE TOA REINSURANCE COMPANY, LIMITED AND THE TOA REINSURANCE COMPANY OF AMERICA

HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to “a+” from “aa-” of The Toa Reinsurance Company, Limited (Toa Re) (Japan) and its subsidiary, The Toa Reinsurance Company of America (TRA) (headquartered in Morristown, NJ). The outlook of these Credit Ratings (ratings) is stable.
 

The rating downgrades reflect a business profile that is not comparable to similarly rated peers, which are large global reinsurance companies. Although Toa Re has a strong relationship with the major cedants in Japan, which also are its major shareholders, the company’s profile in the global reinsurance market is not strong enough to support the current ratings. Moreover, the company is faced with weak growth prospects in its domestic market. Toa Re maintains strong risk-adjusted capitalization, owing to improved profitability in recent years and conservative risk management.

The company has improved its business diversification through its life/health reinsurance segments and overseas reinsurance segments over the past five years, which has helped stabilize its performance and support overall business position. Also, Toa Re has tightly controlled risk exposures – catastrophe risks in particular – during this period, which was demonstrated by the stability of recent results despite the impact from the Kumamoto earthquake and the Fort McMurray wildfire in 2016.

A partially offsetting rating factor is Toa Re’s volatile performance track record. Although performance improved in 2016, the company’s weak growth outlook in its domestic market and the sustained intense competition in the overseas reinsurance market will put pressure on performance.

TRA is a wholly owned subsidiary of Toa Re. The company is a U.S.-based property/casualty reinsurer domiciled in Delaware that conducts business predominantly through reinsurance brokers.

TRA benefits from the support of its parent company, Toa Re, through operational and management integration, and retrocessional support.

TRA’s business strategy continues to center on U.S.-regional and mutual companies where it can lead pricing and negotiation over contract terms and conditions. TRA plans to continue to be selective in its new business writings, which is in line with its strategy of profitable growth. TRA also has expanded its presence in Canada through its branch office in Toronto, Ontario that opened in 1999. TRA also strategically diversified its portfolio by writing crop reinsurance starting in 2011.

While positive rating actions are unlikely, downward pressure could arise if there is substantial decline in risk-adjusted capitalization caused by significant deterioration in underwriting results or adverse movement in the financial markets.  

TECHNOLOGICAL CHANGE AND CYBER RISK OVERTAKE REGULATION AS TOP RISKS FOR INSURERS

‘Banana Skins’ survey reflects industry risk perception

LONDON, May 30 (Bernama-GLOBE NEWSWIRE) -- The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector.

The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC, surveyed 836 insurance practitioners and industry observers in 52 countries, to find out where they saw the greatest risks over the next 2-3 years.

http://mrem.bernama.com/viewsm.php?idm=29248

A.M. BEST AFFIRMS CREDIT RATINGS OF MS&AD INSURANCE GROUP HOLDINGS, INC.'S MAIN OPERATING AND U.S. SUBSIDIARIES

HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa" of Mitsui Sumitomo Insurance Company, Limited (MSI) and Aioi Nissay Dowa Insurance Company Limited (ADI) (both domiciled in Japan). A.M. Best also has affirmed the FSR of A- (Excellent) and the Long-Term ICR of "a-" of ADI's subsidiary, Aioi Nissay Dowa Insurance (China) Company Limited (ADIC) (China). The outlook for each of these Credit Ratings (ratings) is stable.

Concurrently, A.M. Best has affirmed the FSR of A (Superior) and the Long-Term ICRs of "aa" of Mitsui Sumitomo Insurance Company of America (MSIA), Mitsui Sumitomo Insurance USA Inc. (MSU) and Aioi Nissay Dowa Insurance Company of America (ADIA). The outlook of these ratings is stable. All of these companies are domiciled in New York, NY and are direct subsidiaries of MSIG Holdings (Americas), Inc. The aforementioned companies are owned ultimately by MS&AD Insurance Group Holdings, Inc. (MS&AD), a major insurance group based in Japan.
http://mrem.bernama.com/viewsm.php?idm=29242

Sunday, May 28, 2017

TGS AND PGS ANNOUNCE FOURTH 3D SEISMIC PROJECT OFFSHORE EASTERN CANADA

ASKER, Norway, May 26 (Bernama-GLOBE NEWSWIRE) -- TGS and Petroleum Geo-Services ("PGS") announce the fourth 3D seismic project offshore Eastern Canada for 2017. Long Range 3D will comprise approximately 9,100 km² of 3D GeoStreamer® data in the Eastern Newfoundland region. The survey covers open acreage which will be included in the November 2018 licensing round under Newfoundland and Labrador's Scheduled Land Tenure system.

Following completion of these surveys, the jointly-owned library will have more than 175,000 km of 2D GeoStreamer data and 28,500 km² of 3D GeoStreamer data. An expansive well log library is also available in the region, along with advanced multi-client interpretation products that will improve play, trend and prospect delineation.
http://mrem.bernama.com/viewsm.php?idm=29233

A.M. BEST AFFIRMS CREDIT RATINGS OF DTRIC INSURANCE COMPANY, LIMITED

A.M. BEST AFFIRMS CREDIT RATINGS OF DTRIC INSURANCE COMPANY, LIMITED

A.M. BEST AFFIRMS CREDIT RATINGS OF HEALTH SERVICES WELFARE SOCIETY LIMITED



SINGAPORE, May 26 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of Health Services Welfare Society Limited (New Zealand), trading as Accuro Health Insurance (Accuro). The outlook of these Credit Ratings (ratings) is positive.
 
The ratings reflect Accuro’s adequate risk-adjusted capitalization and improved operating performance over the past five years. The company has a good business profile in New Zealand’s retail medical insurance sector.

Accuro’s adequate risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), is due to its favorable liquidity position and conservative investment portfolio. The company improved its underwriting performance through a reduction in its operating expense ratio and favorable results from its current product offerings.

An offsetting rating factor is the company’s relatively high underwriting leverage. Net premium earned remained at three times capital, which leaves the level of capitalization relatively more sensitive to higher-than-expected claims experience.

Positive rating actions could occur if the company continues to generate positive operating results while maintaining an adequate risk-adjusted capitalization. Negative rating actions may occur if the company’s risk-adjusted capitalization deteriorates significantly due to underwriting deficit.  

​BROADSOFT ANNOUNCES WINNERS OF ANNUAL ACHIEVEMENT AWARDS IN AUSTRALASIA

-Annual Awards Highlight Achievements by BroadSoft Australasian customers and partners

-Announced on 24 May 2017 at the BroadSoft Connect Event in Melbourne

-Connect Event attended by over 250 telecommunications professionals from Australasian Region

MELBOURNE, Australia, May 26 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT), a global market leader in cloud business software for unified communication, collaboration and contact center (UCaaS), is pleased to announce the winners of its Annual Achievement Awards, presented at the BroadSoft Connect Melbourne event this week.
http://mrem.bernama.com/viewsm.php?idm=29230

TIME INC. AND DESIGNSINGAPORE COUNCIL ANNOUNCE LEADERSHIP AND GLOBAL ADVISORY COUNCIL FOR BRAINSTORM DESIGN, SINGAPORE, MARCH 6-8, 2018

NEW YORK & SINGAPORE, May 26 (Bernama-BUSINESS WIRE) -- Time Inc. (NYSE: TIME) and DesignSingapore Council (Dsg) announce the editorial leadership and the formation of a Global Advisory Council of business leaders and design experts to give counsel, propose the format, and recommend content for Brainstorm Design 2018. The conference is scheduled to occur during Singapore Design Week on March 6-8, 2018. The event will bring together global thought leaders in design and business to share insights and strategies for design innovation. Brainstorm Design is supported by the Singapore Economic Development Board (EDB).

Time Inc. has named Clay Chandler Editorial Director of Brainstorm Design, in addition to his current position as Executive Editor, Time Inc. International. In his new role, Chandler oversees programming, marketing, and the coordination of collaboration among Time Inc. brands for Brainstorm Design. Renowned designer Tom Dixon will serve as the event’s inaugural guest Creative Director. The Global Advisory Council will include Dixon; architect and designer Thomas Heatherwick; DesignSingapore Council Executive Director Agnes Kwek; PepsiCo Chief Design Officer Mauro Porcini; artist and innovator Daan Roosegaarde; architect Ole Scheeren; and architect and designer Patricia Urquiola. The Global Advisory Council will expand in the coming weeks, with additions from both the business and design communities.

http://mrem.bernama.com/viewsm.php?idm=29231

Friday, May 26, 2017

NASDAQ TO DELIVER POST-TRADE TECHNOLOGY TO DEPÓSITO CENTRAL DE VALORES (DCV)

The Chilean central securities depository (CSD) will boost its infrastructure capabilities and increase efficiencies with fully-fledged CSD solution based on the Nasdaq Financial Framework

NEW YORK and SANTIAGO, Chile, May 25 (Bernama-GLOBE NEWSWIRE) --Nasdaq, Inc. (Nasdaq:NDAQ) and Depósito Central de Valores (DCV)  today announced a new landmark agreement to bolster the technological infrastructure of Chile’s central securities depository (CSD).

"We are very satisfied with our thorough, year-long vendor partnership process in selecting the Nasdaq platform, which will replace the core system of the DCV,” said Fernando Yáñez, CEO of DCV. “We believe with the implementation of this new system, we will have more opportunities for growth and diversification in our current services, as well as strengthening our day-to-day operations.”

Under the agreement with DCV, Nasdaq will deliver its CSD Solution, which will allow for:
  • Seamless trade and instruction management, settlement, custody, corporate event management and registry capabilities;
  • Full coverage for all types of securities and multi-currencies (including UF, i.e. inflation indexed non-deliverable currency);
  • Support for smooth, fault-free settlement with optimization algos, as well as potentially provide facilities to securities lending and borrowing accounting;
  • Enabling full STP and based on global standards and market practices, while reducing operational complexity.
“As a partner with the DCV on transforming their technology to a next-generation platform, the Nasdaq Financial Framework’s open nature will support the future growth and demand of their business, as well as requirements from partners and regulators,” said Lars Ottersgård, Executive Vice President and Head of Market Technology, Nasdaq. “By leveraging the Nasdaq Financial Framework, DCV’s new technology will allow for standardized, unified operations, messaging and data infrastructure coupled with unparalleled flexibility and cost efficiency. DCV can also integrate its own business functionality, as well as other third-party offerings, helping to meet their own unique needs.”

Nasdaq’s exchange technology, including trading, clearing, CSD and market surveillance systems, is in operation in over 89 marketplaces across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.

About Depósito Central de Valores (DCV)
Depósito Central de Valores S.A. (DCV) is a private corporation and the only central securities depository in Chile, established in March 1993, which provides settlement and custody services for a wide range of instruments, included stocks and mutual fund quotas, bank bonds, certificates of deposit, mortgage bonds, public debts, corporate debts, debentures and Treasury bonds. DCV holds 340 billion dollars in custody and it has over 190 direct participants (banks, pension funds, life insurance companies and stock exchanges). It has an A+ risk rating in accordance with Thomas Murray. For further information on DCV, please visit https://www.dcv.cl

About Nasdaq: Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 89 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion. To learn more, visit: http://business.nasdaq.com.

For Media Inquiries:
 
  
DCV 
Carolina Albornoz A. /Javier Jara Traub
calbornoz@dcv.cl /jjara@dcv.cl
(56 - 2) 2393 92 6456 223939335

Nasdaq
Ryan Wells
ryan.wells@nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile:  +44 (0) 7809 596 390
 
-NDAQG-

SOURCE : NASDAQ, Inc.

--BERNAMA

HONDA LAUNCHES "LOVE CUB SNAP" PHOTO PROJECT TO BRING SUPER CUB LOVERS WORLDWIDE TOGETHER

TOKYO, May 26, 2017 /Kyodo JBN-AsiaNet/ --

Honda Motor Co., Ltd. (http://world.honda.com/) launched on Friday, May 26, its "Love Cub Snap" website, a project dedicated to bringing together Super Cub lovers from every region and all ages through photographs.

Love Cub Snap website: https://lovecubsnap.honda.co.jp/en/

By customers uploading photographs of themselves with their Super Cubs to the website, Super Cub fans from all over the world will appear linked to other fans by their Super Cubs' wheels. The photographs will be shown as a gallery on the website.

http://mrem.bernama.com/viewsm.php?idm=29232



Thursday, May 25, 2017

IWK RECEIVES GOOD GOVERNANCE AWARD

KUALA LUMPUR, May 24 (Bernama) -- Indah Water Konsortium Sdn Bhd (IWK) received the Good Corporate Governance Award from Malaysia Canada Business Council (MCBC) as a testament to IWK's unwavering commitment in upholding corporate governance best practices to maintain integrity, highly transparent and ethical management of the sewerage services business.
 
The award was presented to IWK’s Chairman, Tan Sri Abu Zahar Ujang by Datuk Chua Tee Yong, Deputy Minister of International Trade and Industry, and Judith St. George, the Canadian High Commissioner in Malaysia, here last night.
 
The MCBC 25th Anniversary Business Excellence Awards is in conjunction with MCBC’s 25th Anniversary and Canada's 150th Anniversary celebration. 
 
The evaluation process was carried out by the BEA Review Panel comprising SME Corporation, the Malaysian Investment Development Authority (MIDA) and Invest KL and audited by Halim & Lee, a chartered accountant firm.
 
About Indah Water Konsortium

Indah Water Konsortium Sdn Bhd (Indah Water), is a sewerage services company owned by Minister of Finance Incorporated, Malaysia. Indah Water is responsible for providing sewerage services, operating and maintaining approximately 6,617 sewage treatment plants and 19,067 km networks of sewerage pipelines serving 24 million Connected Population Equivalent (PE). Our expertise include Operations and Maintenance, Refurbishment, Planning & Policy Strategy, Engineering & Process Review, Project Planning, Project Management, EIA and HAZOP Studies, Training Services & Module Development, Research & Development, Capacity Building and Community Awareness & Education Program.  

For more information on IWK, please visit our website at www.iwk.com.my 

SOURCE :  Indah Water Konsortium

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Wan Esuriyanti Wan Ahmad
Mobile : 012 271 8095
Email : esuriyanti@iwk.com.my

Name : Shahrul Nizam
Mobile : 016 207 3727
Email : sharuls@iwk.com.my

--BERNAMA

Monday, May 22, 2017

GREE: "MADE IN CHINA" FAVORED ALONG THE "BELT AND ROAD"

GUANGZHOU, China, May 19, 2017 /Xinhua-AsiaNet/--

At the 121st Canton Fair, which has just concluded, Gree exhibited a full range of intelligent home appliance products, all of which are the results of its own independent research and development. Key technologies such as the man-machine dialog, intelligent control, are very impressive. "The quality of the Gree products and its constantly innovating core technologies increased my faith in 'Made in China' products," said Mr. Rizwan Bartz, from Pakistan.

Built in 1991, "Gree," a small factory, has withstood the test of time and market, and gradually developed into a listed company with great international presence. Integrating functions such as research and development, production, sales and services, the annual revenue of this home appliance giant has now exceeded 100 billion yuan.

http://mrem.bernama.com/viewsm.php?idm=29162

TOSHIBA'S LOW POWER CONSUMPTION PHOTOCOUPLER ACHIEVES HIGH SPEED COMMUNICATION IN AUTOMOTIVE APPLICATIONS

- Realizes advantages of low power consumption, low threshold input current and low supply current

TOKYO, May 22 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today unveiled “TLX9310,” a low power consumption photocoupler housed in a 5pin SO6 package for high speed communication in automotive applications. Mass production shipments start today.

http://mrem.bernama.com/viewsm.php?idm=29163

Friday, May 19, 2017

TOSHIBA LAUNCHES SMART GATE DRIVER PHOTOCOUPLER WITH IMPROVED DESATURATION SENSING FUNCTION

TOKYO, May 18 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of "TLP5214A," a new smart gate driver photocoupler for use in driving medium-power IGBTs and power MOSFETs that delivers desaturation sensing characteristics that improve on those offered by the current "TLP5214". Mass production shipments start today.

TLP5214A newly integrates such features as desaturation leading edge blanking time, filtering time, and optimization of soft turn-off performance. These contribute to secure execution of applications by suppressing short-time pulse noise during switching and desaturation sensing.
http://mrem.bernama.com/viewsm.php?idm=29144

​ADDIVANT ANNOUNCES TEMPORARY SURCHARGE ON A SERIES OF ANTIOXIDANTS FOLLOWING SEVERE SHORTAGE IN ISOBUTYLENE IN EUROPE

DANBURY, Conn., May 18 (Bernama-GLOBE NEWSWIRE) -- Following an abrupt shortage of isobutylene in Europe that started in March 2017, Addivant™, a global leader in polymer additives, will apply a temporary 25% price surcharge on the following list of Antioxidants: ANOX®IC-14, LOWINOX®1790, LOWINOX®22IB46, LOWINOX®22M46, LOWINOX®44B25, LOWINOX®CA-22, LOWINOX®CPL, LOWINOX®TBM6, LOWINOX®ROSIN6 and LOWINOX®TBP6. The temporary surcharge is effective immediately. Addivant has taken and will continue to take significant measures to mitigate the impact on the availability of these products and remains committed to maintaining uninterrupted delivery to its customers.

About Addivant™
Addivant™ is an innovator in the field of polymer additives, developing customized solutions that provide customers enhanced application performance, safe handling, and reduction in cost of use. The company is recognized industry-wide for its extensive portfolio of specialty additives including antioxidants, light stabilizers, rubber additives, polymer modifiers, metal deactivators, polymerization inhibitors and intermediates. Addivant is an international company, with 11 plants in five regions as well as research, manufacturing and sales facilities around the globe. Addivant maintains its global headquarters in Connecticut, USA with regional headquarters in: Al Jubail, Saudi Arabia, Basel, Switzerland, and Shanghai, China. Addivant is an independent portfolio company of SK Capital. Visit https://www.addivant.com/about-us for more information.

Addivant™, ANOX® and LOWINOX® are trademarks of Addivant.

Contacts:
Beverly Kindermann
Beverly.Kindermann@addivant.com
Tel: +1 203 702 6182

SOURCE : Addivant

--BERNAMA

EUROLOAN APPOINTS FORMER MORGAN STANLEY FINTECH LEADER JAMES HICKSON AS NEW GROUP CEO

Euroloan Group PLC, the leading European digital financial technology company, appoints James Hickson, former Wall St. Fintech leader, as Group CEO. The move is part of Euroloan's drive to grow the business and market share significantly across Europe.

HELSINKI, Finland, May 19 (Bernama-GLOBE NEWSWIRE) -- Euroloan Group PLC, a pioneering European financial technology company with offices in Helsinki (HQ), Luxembourg, Stockholm and Warsaw, announced today the appointment of James Hickson (B.Sc., M.B.A.) as group Chief Executive Officer.  Hickson, an accomplished financial technology industry executive with 16 years of experience on Wall Street, most recently led a FinTech technology business development practice at Morgan Stanley.   With international experience in New York, London, Saudi Arabia, and Eastern Europe, he has long been at the forefront of a changing financial services landscape, and is uniquely positioned to lead the company through its next phase of growth.

http://mrem.bernama.com/viewsm.php?idm=29149

PIKO TARO TO SERVE AS AMBASSADOR OF WAKUWAKU JAPAN!

TOKYO, May 19 (Bernama-BUSINESS WIRE) -- WAKUWAKU JAPAN CORPORATION (headquartered in Minato Ward, Tokyo, Masafumi Kawanishi, President and CEO) has named PIKO TARO, the Japanese singing sensation who skyrocketed to global fame with his single, PPAP, to serve as an ambassador of WAKUWAKU JAPAN. In the year ahead, PIKO TARO, together with WAKUWAKU JAPAN, will share the wonders of Japan worldwide, throughout various countries and regions.

Startling advances have continued for PIKO TARO, with the video for his PPAP hit song exceeding 110 million views (* see note). PPAP has become exceedingly popular for use in television programs, commercials, and events not only in Japan but throughout the world. With successful live performances in March of this year at both the famed Budokan concert hall in Tokyo as well as solo shows in Taiwan, PIKO TARO seems to be on an unstoppable trajectory. His immense popularity among young and old, men and women alike, has garnered him invitations to the US, France, Belgium, South Korea, Taiwan, Singapore, and Thailand. Fans go crazy wherever he performs.

http://mrem.bernama.com/viewsm.php?idm=29151

NEW RESEARCH FINDS HEADER BIDDING AND BRAND SPEND FUELED MOBILE MONETIZATION GROWTH FOR THIRD QUARTER IN A ROW

PubMatic's Q1 2017 Quarterly Mobile Index (QMI) reveals over 50% eCPM increases YOY for both mobile header bidding and mobile PMPs

REDWOOD CITY, Calif., May 18 (Bernama-BUSINESS WIRE) -- PubMatic, the automation solutions company for an open digital media industry, today announced the findings of its Q1 2017 Quarterly Mobile Index (QMI) report, which found that increased global adoption of header bidding and private marketplaces (PMPs) drove significant monetization opportunities for mobile publishers. The report also provides insights for publishers and media buyers around mobile video and app inventory.

PubMatic’s most recent QMI analysis for Q1 2017 found that mobile monetized impression volume from header bidding rose 12X year-over-year, faster than the growth rate for desktop header bidding impressions, and that nearly 25 percent of total monetized header bidding impressions originated from a mobile device, up from 7 percent a year prior. Further, mobile header bidding eCPMs increased 55 percent year-over-year. As technology providers like PubMatic continue to innovate around header bidding, with in-app, server-side and video solutions being introduced to the market, publishers and buyers alike will reap substantial benefits.
http://mrem.bernama.com/viewsm.php?idm=29136

Thursday, May 18, 2017

NATIONAL ENERGY SERVICES REUNITED CORP. COMPLETES $210,000,000 INITIAL PUBLIC OFFERING

NEW YORK and HOUSTON, May 18 (Bernama-GLOBE NEWSWIRE) -- National Energy Services Reunited Corp. (Nasdaq:NESRU) ("NESR" or the "Company"), a company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities, today announced the closing of its initial public offering (“IPO”) of 21,000,000 units at a price to the public of $10.00 per unit, with the offering raising gross proceeds of $210,000,000.  The units commenced trading on Friday, May 12, 2017, on The NASDAQ Capital Market ("Nasdaq") under the symbol "NESRU." Each unit issued in the IPO consists of one ordinary share and one warrant to acquire one-half of one ordinary share at a price of $11.50 per full share. Once the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be traded on Nasdaq under the symbols "NESR" and "NESRW", respectively. Certain lead investors, as defined in the final prospectus, who have agreed to hold their shares through the consummation of our initial business combination and not seek redemption in connection therewith, purchased an aggregate of $60,000,000 of units in the IPO.

http://mrem.bernama.com/viewsm.php?idm=29142

SOLARWINDS ACQUIRES SCOUT'S SAAS-BASED SERVER MONITORING TECHNOLOGY AND LAUNCHES IT AS SOLARWINDS PINGDOM SERVER MONITOR

With the acquisition, SolarWinds enhances its already deep server monitoring capabilities with out-of-the-box simple, yet rich SaaS-based server monitoring developed by DevOps professionals for DevOps professionals

AUSTIN, Texas, May 18 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced it has completed the acquisition of Scout Server Monitoring. The transaction closed Friday, May 5, 2017. As part of the acquisition, Scout Co-Founder and Chief Technology Officer Andre Lewis has joined SolarWinds.

http://mrem.bernama.com/viewsm.php?idm=29137

MIA LAUNCHES VIDEO RECORDING AND ESSAY COMPETITIONS

KUALA LUMPUR, May 18 (Bernama) -- The Malaysian Institute of Accountants (MIA) marks its 50th Anniversary of its establishment on 30th September this year. In conjunction with the Golden Jubilee celebrations, the MIA is organising a video recording competition for tertiary students and essay competition for upper secondary students.

MIA Vice President Datuk Zaiton Mohd Hassan said the objectives of these competitions are to gauge the students’ interest in the field of accountancy as well as to provide an avenue to express their creativity in video recording and essay writing.
http://mrem.bernama.com/viewsm.php?idm=29143

Wednesday, May 17, 2017

SUNDANCE ENERGY AUSTRALIA LIMITED REPORTS FIRST QUARTER 2017 RESULTS

DENVER, May 16 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) ("Sundance" or the "Company"), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, reported its first quarter 2017 financial and operations results.
http://mrem.bernama.com/viewsm.php?idm=29113

TONY'S CHOCOLONELY EXPANDS INTERNATIONALLY WITH THE DESCARTES GLOBAL LOGISTIC NETWORK

AMERSFOORT, The Netherlands, May 17 (Bernama-GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Tony’s Chocolonely, one of the Netherlands' leading chocolate brands, is using the Descartes Global Logistics Network™ (Descartes GLN) to support expansion into the United States of America by streamlining electronic communications and order-to-cash processes with retailers.

"To accelerate our mission of making the cacao industry 100% free of slave labour, we needed to grow our business in the USA given the significant demand for chocolate and the presence of key players in the chocolate industry in that market,” said Frans Pannekoek, ‘Bean to Bar tender’ and responsible for the Supply Chain at Tony’s Chocolonely. “Electronic communications standards are different in North American and Europe. As an existing Descartes customer, we were able to quickly augment our existing Descartes GLN deployment to implement the new protocols and message sets to effectively communicate with our international retail and distribution customers in the USA.”

http://mrem.bernama.com/viewsm.php?idm=29129

Tuesday, May 16, 2017

TOSHIBA EXPANDS LINE-UP OF PHOTORELAYS IN DIP8 PACKAGES BY ADDING MID-VOLTAGE RANGE PRODUCTS

- Company enhancing line-up of large current products with drive current above 1A as replacements for mechanical relays in industrial applications.

TOKYO, May 16 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of new two mid-voltage products, the 100V "TLP3823" with a 3A drive current, and the 200V "TLP3825" with a 1.5A drive current, additions to its line-up of large current photorelays to replace mechanical relays. Mass production shipments start today.

http://mrem.bernama.com/viewsm.php?idm=29121

BUSINESS MASTER'S DEGREE NOT A SUBSTITUTE FOR AN MBA

New Report Shows Many Candidates with a Prior Business Master’s Degree Are Considering an MBA

RESTON, Va., May 16 (Bernama-GLOBE NEWSWIRE) -- Three in 4 prospective graduate business school candidates who hold a prior master’s degree are considering enrolling in MBA programs, according to new research from the Graduate Management Admission Council (GMAC). Findings from the Council’s 2017 mba.com Prospective Students Survey Report released today show that the MBA remains the predominant program format considered by candidates with both prior business master’s degrees (61 percent) and non-business master’s degrees (86 percent).

http://mrem.bernama.com/viewsm.php?idm=29120

MULTIPLE PRODUCTS FROM NRI RECOGNIZED DURING FTF NEWS TECHNOLOGY INNOVATION AWARDS 2017

NEW YORK, May 16 (Bernama-BUSINESS WIRE) -- Two products from Nomura Research Institute (NRI, TOKYO:4307), a leading provider of consulting services and system solutions, were recognized during the 2017 FTF News Technology Innovation Awards as ‘Best Clearing and Settlement Solution’ and ‘Best New Post-Trade Solution.’

NRI was awarded ‘Best Clearing and Settlement Solution’ for the company’s I-STAR product, a securities back-office system offering finely tuned operations support for wholesale brokerage firms. The solution operates across the entire operations sequence from execution to settlement and accounting. I-STAR has been adapted by hundreds of financial institutions, and has become a de facto standard for the wholesale securities industry, particularly in Japan.

http://mrem.bernama.com/viewsm.php?idm=29114

A.M. BEST AFFIRMS CREDIT RATINGS OF CONSUMER INSURANCE SERVICES LIMITED

SINGAPORE, May 15 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B (Good) and the Long-Term Issuer Credit Rating of "bbb " of Consumer Insurance Services Limited (CISL) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect CISL's adequate risk-adjusted capitalization and strong operating performance. CISL offers consumer protection insurance that is sold in conjunction with its affiliated company's installment plan.
http://mrem.bernama.com/viewsm.php?idm=29103

Monday, May 15, 2017

TAIWAN'S STARTUP WOGOGO LAUNCHES TOUR GUIDE PLATFORM

TAIPEI, Taiwan, May 12 (Bernama-BUSINESS WIRE) -- Taiwanese travel startup Wogogo has recently launched a tour guide platform, aiming to coordinate with local tourist guides to develop tours for travelers and serving them in a nice and simple way with exclusive and professional experiences, the company said on 12 May.
 
Wogogo COO Muse Fang said the core value of the platform is to provide travelers a free, easy and convenient as well as safe experience during their trips, helping travelers to search and match local professional tourist guides.

The goal is to enhance travelers’ experience by pairing them with a local who provides stories on the destination, noted Fang. The exclusive service, allows travelers to explore the beauty of Taiwan as well as diverse lifestyle and culture.

Over the past months, the Taipei-based platform has been interviewed by more than 1,000 individuals and already selected more than 300 guides at key locations all over the world to join the group, according to Wogogo.

Additionally, Wogogo-certified guides, who are required to have tourist guide licenses and to pass a criminal record check, are all to complete a training course instructed by flight attendants to teach them to provide better services.

“Wogogo focuses a lot on quality and security, thus to make sure that tourists feel safe and be taken care of,” noted Fang.

The startup company, which is launched in February 2017, sees increasing demand in the private tour guides market especially in business travel, the company said.

Wogogo’s three service models -- tour guides without transportation tools and tour guides, who are also drivers as well as tour guides with chauffeur -- allow users to choose from many different categories to obtain their ideal match. Prices of the services range from US$19.95 to US$39.95 per hour.

“We hope to be an industrial pioneer, breaking the old mechanism in Taiwan’s tourism market and building a healthy relationship between customers and tour guides,” said Fang.

Wogogo, which represents easy world and easy go, currently covers tours at home country, Taiwan and is also planning to expand its business in other countries including Japan and the United States in the near future.
 
Contacts
 
Wogogo
Ms. Brenda Lin, +886-2-25326111
brenda.lin@wogogo.com
http://www.wogogo.com/en/index.html
 
Source: Wogogo
 

--BERNAMA

Sunday, May 14, 2017

ARYAKA'S 2017 STATE OF THE WAN REPORT REVEALS ALMOST 50% OF ENTERPRISE TRAFFIC IS COMPOSED OF CLOUD AND SAAS TRAFFIC

The report covers application response times and inconsistencies over the public Internet between various regions and bandwidth consumption changes year-over-year across verticals

MILPITAS, Calif., May 12 (Bernama-GLOBE NEWSWIRE) -- Aryaka™, the leading global SD-WAN provider, today released its third edition of the State of the WAN Report. Leveraging its unique position as a leader in global connectivity, Aryaka aggregated and analyzed enterprise WAN traffic over the past four years to identify trends and challenges in application performance, WAN reliability, and bandwidth access between specific geographies and in different industries.

This year's report gives insights into current trends regarding WAN traffic and application performance to help IT managers and decision makers provide support for their global enterprise networks in the coming years. With data aggregated from over 5000 sites in 63 countries, this report gives a detailed look into the current state of WAN infrastructure and its impact on global business.
http://mrem.bernama.com/viewsm.php?idm=29092

NATIONAL ENERGY SERVICES REUNITED CORP. ANNOUNCES PRICING OF $210,000,000 INITIAL PUBLIC OFFERING

NEW YORK and HOUSTON, May 15 (Bernama-GLOBE NEWSWIRE) -- National Energy Services Reunited Corp. (Nasdaq:NESRU) ("NESR" or the "Company"), a company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities, today announced the pricing of its initial public offering (“IPO”) of 21,000,000 units at a price to the public of $10.00 per unit.  The units are expected to be listed on The NASDAQ Capital Market ("NASDAQ") under the symbol "NESRU" beginning May 12, 2017. Each unit issued in the IPO consists of one ordinary share and one warrant to acquire one-half of one ordinary share at a price of $11.50 per full share. Once the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be traded on Nasdaq under the symbols "NESR" and "NESRW", respectively.

http://mrem.bernama.com/viewsm.php?idm=29104

Friday, May 12, 2017

SUNDANCE ENERGY AUSTRALIA LIMITED SCHEDULES FIRST QUARTER 2017 EARNINGS CONFERENCE CALL

DENVER, May 12 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, announced it will host a conference call to review first quarter results.

Date:  Australia: Tuesday, May 16, 2017 – United States: Monday, May 15, 2017

Time:  Australia: 8:00 AM AEDT – United States: 4:00 PM MDT

Australian participants Toll Free dial-in: 1 80 0005 989
Australian (Sydney) Local dial-in: 2 82 239 773

Hong Kong Participants Toll Free dial-in: 800 966 253
Hong Kong Local dial-in: 3011 4522

Singapore participants Toll Free dial-in: 800 101 1512
Singapore Local dial-in: 6622 1010

USA participants Toll Free dial-in: (844) 831 3022

Webcast Link: http://www.sundanceenergy.net/events.cfm

All participants will be asked for their full name and company when joining the conference call.

http://mrem.bernama.com/viewsm.php?idm=29093

Thursday, May 11, 2017

INNOVMETRIC RELEASES POLYWORKS® 2017, DELIVERING A NEW CONTROL-CENTRIC REVIEWING WORKFLOW

QUEBEC, QC, Canada, May 11 (Bernama-GLOBE NEWSWIRE) -- InnovMetric Software Inc., the leading provider of universal 3D metrology software solutions, launched PolyWorks 2017, the latest release of the company’s universal 3D metrology software platform. PolyWorks 2017 delivers a new control-centric reviewing workflow – a key upgrade for all portable metrology and CNC CMM measurement specialists that need to share large metrology projects, containing hundreds of dimensional and GD&T controls, with colleagues, customers, and suppliers. It also provides a major technology upgrade for large-volume metrology applications, and a unique approach to real-time collision analysis for more efficient CNC CMM project setups.

http://mrem.bernama.com/viewsm.php?idm=29075

WORLDVENTURES RANKS 25 ON DIRECT SELLING NEWS' GLOBAL 100 LIST

PLANO, Texas, May 9 (Bernama-GLOBE NEWSWIRE) -- WorldVentures™, the leading direct seller of global travel and leisure club memberships, is proud to announce a seven place jump, from 32 to 25, in its 2017 ranking on Direct Selling News® (DSN) magazine's Global 100 list.

"Our vault through the Global 100 ranks is proportional to our growth in the industry, and we are both honored and humbled to be recognized by such a prominent publication," said WorldVentures Founder and Chief Visionary Officer Wayne Nugent. "We accept this recognition as a challenge to continue seeking innovate ways to serve our DreamTrips Members and WorldVentures Representatives."
http://mrem.bernama.com/viewsm.php?idm=29054

3D SYSTEMS BEGINS SHIPPING 3DXPERT SOFTWARE WITH DIRECT METAL PRINTERS TO DRIVE SUBSTANTIAL PRODUCTIVITY GAINS AND OPERATIONAL SAVINGS

  • Customer reports productivity gains of 40 percent or higher and reduction in print processing time of up to 75 percent
  • New 3DXpert Build Simulation module increases operational savings
PITTSBURGH, May 9 (Bernama-GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today announced the immediate bundling of its innovative 3DXpert™ software with all of its direct metal printers to streamline precision metal workflows for customers across applications and industries. The company also announced that 3DXpert is planned to include a new Build Simulation module that allows users to accurately verify and optimize their parts, designs and supports to uncover costly issues before sending parts to print.

Photos accompanying this announcement are available at http://www.globenewswire.com/NewsRoom/AttachmentNg/70ddbdb0-6df3-4712-a85f-e03fb2119e0a

http://www.globenewswire.com/NewsRoom/AttachmentNg/9901d429-0f29-4e18-a23d-79f6f424b170

The company’s 3DXpert all-in-one software solution saves users significant time and money by eliminating the need for multiple software packages, while also delivering advanced and unique capabilities in print preparation, supports and structure optimization, slicing and post-processing.

Metal Technology Inc. (MTI), specializing in custom parts for aerospace, defense and medical applications, reduced print processing times by up to 75 percent and achieved productivity gains of 40 percent or higher using 3DXpert software and 3D Systems’ ProX® DMP 320.

“One of the main drivers for us to switch over to 3DXpert was that we can compress our workflow into a single solution,” said Jason Stitzel, Director of Engineering, MTI. “We went from using at least three different software systems to get the final product to doing it all with one. 3DXpert removes the need to convert from a solid model to an STL, a process that inherently introduces issues and errors.”

“Before we used 3DXpert, running a complicated part through a slicing engine took close to 20 hours to process, slice, run the parameters and create a build file. With 3DXpert, we could do the same build file in just four hours,” Stitzel added.

For more details on MTI’s experience with 3DXpert, click here.

Using 3DXpert’s unique capabilities, customers will be able to increase productivity and lower cost of operations by:
  • Eliminating the need to convert files into mesh while improving data quality and integrity with the ability to natively work with CAD data (solid & surfaces/b-rep);
  • Easily making changes at any stage using history based parametric CAD tools by working in a hybrid (Mesh, Solid and Lattice) modeling environment;
  • Accelerating print time while maintaining part integrity using the patent-pending 3D Zoning capability, that allows customers to easily assign different print strategies to different areas of a part based on geometry features, and seamlessly merge them into a single scan-path;
  • Minimizing part weight and material with lightning-fast creation and editing of micro lattices using structure optimization tools;
  • Generating optimal scan-paths with unique printing strategies that take into account the design intent and part geometry; and
  • Programming post-processing operations (e.g. drilling and milling) in the same software with no need to transfer data to a separate software.
“3DXpert is a real game changer for customers,” said Ilan Erez, Senior Vice President, General Manager, Software, 3D Systems. “It’s enabling customers to print high-quality, complex metal parts more efficiently and at a lower total cost of operation, all in one integrated software solution.”

The new Build Simulation functionality helps customers avoid expensive trial and error iterations typically involved in validating designs, minimize build failures, reduce production time and prevent potential printer damage. 3DXpert’s Build Simulation is planned for availability second half of 2017.

3D Systems will preview the new Build Simulation module of 3DXpert along with its entire range of end-to-end manufacturing solutions for aerospace, automotive, healthcare, dental, durable goods and entertainment at the RAPID + TCT 2017 trade show in Pittsburgh, PA, May 9-11, booth 2525.

More information on these solutions can be found at www.3dsystems.com.

Forward-Looking Statements
Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward looking statements can be identified by terms such as "believes," "belief," "expects," "may," "will," "estimates," "intends," "anticipates" or "plans" or the negative of these terms or other comparable terminology.  Forward-looking statements are based upon management’s beliefs, assumptions and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company.  The factors described under the headings "Forward-Looking Statements" and "Risk Factors" in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise.

About 3D Systems 
3D Systems provides comprehensive 3D products and services, including 3D printers, print materials, on demand manufacturing services and digital design tools. Its ecosystem supports advanced applications from the product design shop to the factory floor to the operating room. 3D Systems’ precision healthcare capabilities include simulation, Virtual Surgical Planning, and printing of medical and dental devices as well as patient-specific surgical instruments. As the originator of 3D printing and a shaper of future 3D solutions, 3D Systems has spent its 30 year history enabling professionals and companies to optimize their designs, transform their workflows, bring innovative products to market and drive new business models.

More information on the company is available at www.3dsystems.com

Investor Contact:

Stacey Witten
Email: investor.relations@3dsystems.com

Media Contact:

Diane Parrish
Email: press@3dsystems.com

SOURCE : 3D Systems Corporation

--BERNAMA

Wednesday, May 10, 2017

INNOVMETRIC REPORTS RECORD POLYWORKS® LICENSE SALES WORLDWIDE FOR FISCAL YEAR 2016

QUEBEC CITY, May 9 (Bernama-GLOBE NEWSWIRE) -- InnovMetric Software Inc., the leading provider of universal 3D metrology software solutions, proudly announced today that worldwide demand for PolyWorks® in fiscal year 2016 (ending March 31, 2017) led to a 20% global sales revenue increase compared to the previous fiscal year. This growth was fueled by all-time record sales of 3300 new licenses of PolyWorks.

The PolyWorks sales growth in the three largest Asian markets, China, Japan, and India, has reached an impressive 35%. Moreover, PolyWorks support/maintenance contract sales in North America and in Western European countries have also significantly increased, by 30% and 40% respectively.
http://mrem.bernama.com/viewsm.php?idm=29049

3D SYSTEMS INTRODUCES A MULTI-MATERIAL 3D PRINTER SOLUTION WITH BREAKTHROUGH TOTAL COST OF OPERATIONS

- New ProJet MJP 5600 multi-material composite 3D printer delivers new price performance standard for large format, multi-material printers
- Expanded SLA solutions including new Accura materials and 3D Sprint 2.5 to connect customers with faster, more efficient 3D printing
- Geomagic Freeform 2017 delivers enhanced tools for mass-custom design and manufacturing

PITTSBURGH, May 9 (Bernama-GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today at RAPID + TCT 2017 announced new products, materials and capabilities to accelerate its leadership in plastic additive manufacturing.

http://mrem.bernama.com/viewsm.php?idm=29059

Monday, May 8, 2017

TOKYO'S NEW LOGO AND SLOGAN TO PROMOTE TOKYO OVERSEAS AS PRIME TOURIST DESTINATION

TOKYO, May 8, 2017 /Kyodo JBN-AsiaNet/--

The Tokyo Metropolitan Government has created a new logo and slogan, "Tokyo Tokyo Old meets New" (the first Tokyo depicted in a brushstroke font and the second in a Gothic block typeface), to effectively convey the attractions of Tokyo overseas. This logo will be used in various promotional activities abroad.

http://mrem.bernama.com/viewsm.php?idm=29046

BFC Exchange Launches Online Money Transfer Service

KUALA LUMPUR, May 7 (Bernama) --Licensed money services provider BFC Exchange Malaysia Sdn Bhd has made it easier for customers to transfer money with the introduction of its "Smart Money" via www.bfcsmartmoney.my to over 30 countries from the comfort of their home or office.

"Customers can now send money directly to a beneficiary's account or to any one of BFC's cash pick up locations across the globe by debiting payments through local bank accounts," it said in a statement here, Sunday.

To take advantage for a better remittance exchange rates, customer only need to monitor and execute a transaction when rates are favourable, it said.

For registration, customers can visit our Smart Money page www.bfcsmartmoney.my followed with a one-time registration validation requirement at any of BFC Exchange branches by producing oneself ID documents for verification.

"BFC customer service personnel will then provide confirmation of registration by e-mailing to the registered customer providing a temporary 'username' and 'password' to commence online transaction. BFC Exchange Smart Money service is secured by VeriSign and requires only a onetime registration process to get started.

"BFC Smart Money online transfer is convenient, flexible and fast in addition to its minimal charges transaction secured with a single login ID and password," BFC Exchange General Manager, Abdul Wahab Aziz said.

There are no additional bank fees, commission or hidden charges. Just a onetime standard rate per transaction. Register with Smart Money and start experiencing the difference in sending money, he said.

For more information on BFC Smart Money or any other BFC services, customers can visit www.bfc.my or call (+60 3) 20267300.

-- BERNAMA

XANDER GROUP INKS $350 MILLION DEAL WITH SHRIRAM PROPERTIES FOR CHENNAI SEZ

BANGALORE, India, May 5 (Bernama-BUSINESS WIRE) -- Shriram Properties and Xander Group have signed a $350 million deal, thereby creating one of the largest PE deals witnessed in the real estate space in India. With this deal, Xander acquires 100% interest in Shriram’s Gateway SEZ in Chennai for $190 million, with a further commitment of $160 million towards expansion of the IT SEZ.
 
The deal involves 1.7 million square feet of occupied and operational SEZ, and a partnership with Shriram Properties to deliver the under construction 1.9 million square feet. Shriram Gateway is a 58-acre integrated township project including office space, a shopping mall and residential apartments.

“India is a bright spot and an exciting market for investors, both global and local, looking to tap into the huge opportunity that exists in the real estate industry in the country, and Shriram Properties wants to be an integral part of this India growth story. In this endeavour of ours, we are delighted to join hands with The Xander Group to enhance our position as a leader in India’s real estate space,” said M. Murali, Managing Director, Shriram Properties.

This comes at the back of the recent announcement by Shriram Properties on their plans to invest Rs 15,000 crore over the next 7-8 years for the development of around 30 ongoing projects, across six major cities - Chennai, Bengaluru, Hyderabad, Vizag, Coimbatore and Kolkata. Shriram Properties holds close to 2% of the FDI in India, the largest by a single developer.

Shriram Properties has raised till date PE investments of about US$ 460 million from investors at entity level as well as projects level being largely residential. They have been backed by a marquee list of investors, which includes Walton Street, Starwood Capital, TPG Capital, Tata Opportunities Fund, ASK, Motilal Oswal, Amplus and ICICI Prudential.

About Shriram Properties
Shriram Properties, the property development arm of the Rs 90,000 crores financial giant Shriram Group, Chennai, is a multi-crore company with nearly Rs 25,000 crores business across the country. The company has so far delivered over 15 million square feet of residential and commercial built up space across the country and has another around 60 million square feet is under various stages of development.

Please visit http://www.shriramproperties.com/ for further information.
 
Contacts
Ogilvy Public Relations
Ajay Muliyil, +91-9900161311
ajay.muliyil@ogilvy.com

Source: Shriram Properties
 
View this news release online at:
http://www.businesswire.com/news/home/20170505005257/en

--BERNAMA

MARICANN SECURES $42,500,000 NON-DILUTIVE FINANCING FOR FURTHER GERMAN EXPANSION

TORONTO, May 5 (Bernama-GLOBE NEWSWIRE) -- Maricann Group Inc. (CSE:MARI) (Maricann or the “Company”) is pleased to announce that Maricann has secured $42,500,000 in non-dilutive financing to further expand production in Germany. 

The $42,500,000 non-dilutive financing comes from The Green Streaming Finance Company of Canada Inc. a Vancouver-based company that provides non-equity financing solutions for cannabis producers. The streaming payment will be made in return for the right to purchase 20% of production at an all in cost + 10% from expansion funded by Green Streaming in Germany. “We are pleased to be funding Maricann and their expansion efforts in Germany. This is a win-win relationship for Maricann and Green Streaming Finance, with no dilution to Maricann shareholders and a stable, reliable, renewable stream of revenue to Green Stream Finance from a proven producer of medicinal cannabis,” said Donald McInnes, founder of Green Streaming Finance. Under the terms of the agreement, Maricann will receive investment in two tranches, $15,000,000 and a $27,500,000.

This financing will fully fund the planned 150,000 sq. ft (13,935 square meters) expansion of cultivation operations in its Ebersbach Facility and an additional 250,000 sq. ft. (23,255 sq. m.) of expansion in a two tiered cultivation plan, as well as an outdoor hemp farm from which Maricann will derive high CBD content active pharmaceutical ingredients. The Ebersbach facility (West of Dresden) is a former Cargill plant constructed 20 years ago at a cost of 80 million EUR at that time. The facility is comprised of multiple individual clean rooms that are ideal for cultivation of cannabis. “The Ebersbach facility offers Maricann a significant advantage in cost of overall construction and speed to market. The infrastructure for cultivation of cannabis in an indoor secured environment is already in place. We simply need to add the fertigation system, lights and benches for growing, and then can be operational. Our competitors are spending north of $70,000,000 CAD for facilities with less than 1/3 the footprint of our Ebersbach location. To construct a similar facility today, the estimated cost would be over 120 million EUR. Maricann entered into a reservation agreement to purchase the facility for a total price of 3,410,000 EUR at closing,” said Benjamin Ward, CEO. 

Friday, May 5, 2017

​SEVONE COLLABORATES WITH RED HAT TO CREATE A POWERFUL NFV SOLUTION FOR SERVICE ASSURANCE

This new solution delivers greater automation and visibility of virtualized network functions, improving business efficiency and agility while reducing operating costs
 
BOSTON, May 5 (Bernama-BUSINESS WIRE) -- SevOne, in collaboration with Red Hat, today unveiled a new network functions virtualization (NFV) solution that leverages the advanced virtualization of network functions from Red Hat’s NFV solution with the automation of assurance and performance from the SevOne platform. This offering is designed to enable communication service providers (CSPs) to implement and operate an NFV-based infrastructure, and gain greater insight into their virtual network services and cloud infrastructure on which it runs – offering CSPs greater business efficiency and agility along with the ability to reduce operating costs.

http://mrem.bernama.com/viewsm.php?idm=29026