KUALA LUMPUR, March 29 (Bernama) -- Crown Bioscience has been chosen by Glycotope GmbH as a partner to accelerate their immuno-oncology drug discovery pipeline.
Crown Bioscience said it will engraft cell line-derived cancer models as well as PDX models selected by Glycotope into CD34+ humanised mouse models.
"These customised, humanised models will be used to accelerate Glycotope´s innovative immuno-oncology drug discovery pipeline, " a statement said.
Director of Glycotope´s Preclinical Pharmacology and Cancer Immunology group, Anika J?l said the company recognised the value of CrownBio´s extensive PDX and CDX collection and their expertise in implementing innovative humanisation strategies.
"We have chosen them as our partner for these reasons and look forward to what we are confident will be a successful alliance, " she added.
Chief business officer of Crown Bioscience, Laurie Heilmann, meanwhile said its unique capabilities would enable Glycotope to continue providing new and improved therapies for the treatment of cancer.
Crown Bioscience is a global drug discovery and development solutions company, providing translational platforms to advance oncology, inflammation, cardiovascular and metabolic disease research.
Glycotope GmbH is a company focuses on development of innovative immuno-oncological products for the treatment of various cancer types.
--BERNAMA
Friday, March 30, 2018
Thursday, March 29, 2018
Lithium Werks acquires A123 systems plants in China
KUALA LUMPUR, March 28 (Bernama) -- Lithium Werks has acquired the original A123 Systems manufacturing plants located in Changzhou, China.
These plants were the first to introduce the revolutionary NanoPhosphate technology in the form of cylindrical cells that have been used globally in a wide array of applications, especially in the industrial market.
Under the acquisition, Lithium Werks has taken over the customer relationships in China, Europe and the United States as well as the operations, staff and product designs associated with the Changzhou business.
"We are confident that this acquisition helps propel Lithium Werks into a leadership position in the lithium iron phosphate market globally," said chairman of Lithium Werks, Knut H. Nylænde in a statement.
Meanwhile, vice-president of Corporate Strategy at A123 Systems, Jeff Kessen commented that A123 Systems is pleased to have concluded the agreement and is confident that their former customers in the industrial market are in great hands with Lithium Werks.
The acquisition also named Lithium Werks as the new owner of the ?POWER. SAFETY. LIFE.' trademark that characterised A123's product portfolio in its early years.
Lithium Werks, a global lithium ion battery company, provides cells, modules, and battery management systems into markets such as material handling, stationary energy storage, medical and commercial marine with production facilities in China and offices in the USA, the Netherlands, Northern Ireland, Great Britain and Norway.
A123 Systems is a global leader in providing complete energy storage solutions through advanced battery cells and systems for transportation applications.
-- BERNAMA
These plants were the first to introduce the revolutionary NanoPhosphate technology in the form of cylindrical cells that have been used globally in a wide array of applications, especially in the industrial market.
Under the acquisition, Lithium Werks has taken over the customer relationships in China, Europe and the United States as well as the operations, staff and product designs associated with the Changzhou business.
"We are confident that this acquisition helps propel Lithium Werks into a leadership position in the lithium iron phosphate market globally," said chairman of Lithium Werks, Knut H. Nylænde in a statement.
Meanwhile, vice-president of Corporate Strategy at A123 Systems, Jeff Kessen commented that A123 Systems is pleased to have concluded the agreement and is confident that their former customers in the industrial market are in great hands with Lithium Werks.
The acquisition also named Lithium Werks as the new owner of the ?POWER. SAFETY. LIFE.' trademark that characterised A123's product portfolio in its early years.
Lithium Werks, a global lithium ion battery company, provides cells, modules, and battery management systems into markets such as material handling, stationary energy storage, medical and commercial marine with production facilities in China and offices in the USA, the Netherlands, Northern Ireland, Great Britain and Norway.
A123 Systems is a global leader in providing complete energy storage solutions through advanced battery cells and systems for transportation applications.
-- BERNAMA
Wednesday, March 28, 2018
CSX creates world's first blockchain-based national securities exchange
KUALA LUMPUR, March 26 (Bernama) -- CryptoSecurities Exchange LLC
(CSX) will be the world´s first blockchain-based national securities exchange
registered with the United States Securities and Exchange Commission (SEC).
The difference between current securities trading exchanges and a blockchain-based exchange are access, cost, speed and transparency.
CSX, in a statement, said the company would be operated under the state of Delaware´s new cryptosecurities law, which allows stock to be digitised and transferred electronically via a distributed shareholder register in a blockchain-based private network.
The company seeks to digitise the shareholder registers of every over-the-counter company in the United States for no cost.
The network is a self-regulating, fully transparent and code-regulated blockchain-based national securities exchange for Main Street, not just Wall Street.
More importantly, CSX will be working with former SEC regulators and forensic auditors to build a network that has all existing securities laws and regulations built into the code framework to automate the legal compliance.
The CSX online trading platform will directly connect investors with entrepreneurs, small businesses, and companies throughout the United States.
CSX has registered as a Regulation D Exempt Offering and registered with FinCEN as a Registered Money Services Business.
The company also secured a lobbying firm in Washington DC to pursue a partnership with the United States government, retained an international tax law firm to ensure IRS compliance, and is in the process of establishing a SuperPAC to push its agenda in the US Congress.
For more information on the company, visit www.CryptoSecurities.Exchange
-- BERNAMA
The difference between current securities trading exchanges and a blockchain-based exchange are access, cost, speed and transparency.
CSX, in a statement, said the company would be operated under the state of Delaware´s new cryptosecurities law, which allows stock to be digitised and transferred electronically via a distributed shareholder register in a blockchain-based private network.
The company seeks to digitise the shareholder registers of every over-the-counter company in the United States for no cost.
The network is a self-regulating, fully transparent and code-regulated blockchain-based national securities exchange for Main Street, not just Wall Street.
More importantly, CSX will be working with former SEC regulators and forensic auditors to build a network that has all existing securities laws and regulations built into the code framework to automate the legal compliance.
The CSX online trading platform will directly connect investors with entrepreneurs, small businesses, and companies throughout the United States.
CSX has registered as a Regulation D Exempt Offering and registered with FinCEN as a Registered Money Services Business.
The company also secured a lobbying firm in Washington DC to pursue a partnership with the United States government, retained an international tax law firm to ensure IRS compliance, and is in the process of establishing a SuperPAC to push its agenda in the US Congress.
For more information on the company, visit www.CryptoSecurities.Exchange
-- BERNAMA
Tuesday, March 27, 2018
THE DATA CENTRE AND CLOUD INDUSTRY HONORS THE YEAR'S OUTSTANDING INDIVIDUALS AND BUSINESSES AT THE DATACLOUD ASIA AWARDS 2018
LONDON & SINGAPORE, March 26 (Bernama-BUSINESS WIRE) -- BroadGroup, the information media technology company, today announced the winners of the second Datacloud Asia awards 2018 in honor of the year’s outstanding individuals and businesses currently shaping the Asian data economy. The awards, one of the most revered accolades in the technology sector, recognise innovation and excellence in the flourishing Asia digital infrastructure market.
Set against the backdrop of the magnificent Capella Hotel in Singapore and hosted by BBC anchor Rico Hizon, the awards were presented on the closing day of Datacloud Asia, the premier congress for investing, powering, connecting, building and deploying datacentre, cloud and Edge technologies.
Philip Low, chairman BroadGroup commented: “Datacloud Asia goes from strength to strength and the award winners mirror the optimism, dynamism and entrepreneurism that is permeating throughout the region. The Asia data economy is thriving and, in many ways, leading the world in its ability to innovate and disrupt. All of this year’s recipients have achieved something truly special and should be proud of the transformative impact that they have made on people, business and society across this diverse and dynamic part of the world. We congratulate all the winners on their incredible achievements.”
http://mrem.bernama.com/viewsm.php?idm=31525
Set against the backdrop of the magnificent Capella Hotel in Singapore and hosted by BBC anchor Rico Hizon, the awards were presented on the closing day of Datacloud Asia, the premier congress for investing, powering, connecting, building and deploying datacentre, cloud and Edge technologies.
Philip Low, chairman BroadGroup commented: “Datacloud Asia goes from strength to strength and the award winners mirror the optimism, dynamism and entrepreneurism that is permeating throughout the region. The Asia data economy is thriving and, in many ways, leading the world in its ability to innovate and disrupt. All of this year’s recipients have achieved something truly special and should be proud of the transformative impact that they have made on people, business and society across this diverse and dynamic part of the world. We congratulate all the winners on their incredible achievements.”
http://mrem.bernama.com/viewsm.php?idm=31525
GLOBAL CLOUD XCHANGE WINS 'EXCELLENCE IN DATA CENTER SERVICES AWARD, SOUTH EAST ASIA'; CEO BILL BARNEY HONORED WITH 'DATA CENTER THOUGHT LEADERSHIP AWARD'
SINGAPORE, March 26 (Bernama-BUSINESS WIRE) -- Global Cloud Xchange (GCX), a subsidiary of Reliance Communications, has scored honors at the prestigious Datacloud Asia Awards 2018 event in Singapore, winning the ‘Excellence in Data Center Services Award, South East Asia’. In addition, GCX Chairman and CEO Bill Barney was honored with the ‘Data Center Thought Leadership Award’ in recognition of his significant contributions to the Data Center industry.
http://mrem.bernama.com/viewsm.php?idm=31521
http://mrem.bernama.com/viewsm.php?idm=31521
TOSHIBA RELEASES SMALL MOSFET WITH HIGH ESD PROTECTION TO DRIVE HEADLIGHT LED
TOKYO, March 26 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has released a dual MOSFET “SSM6N813R” with high ESD protection positioned for use in automotive applications, including as a driver IC for headlight LEDs, which require a high withstand voltage and a small footprint. Mass production shipments begin in April.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180326005358/en/
A maximum drain-source voltage (VDSS) of 100V ensures that SSM6N813R is suitable for headlight applications requiring multiple LEDs—a capability supported by high ESD immunity. Fabricated using the latest process and housed in a TSOP6F package, SSM6N813R has an allowable power dissipation of 1.5W and low on-resistance. In addition, the footprint of the TSOP6F package is 70% smaller than that of an SOP8 package.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180326005358/en/
A maximum drain-source voltage (VDSS) of 100V ensures that SSM6N813R is suitable for headlight applications requiring multiple LEDs—a capability supported by high ESD immunity. Fabricated using the latest process and housed in a TSOP6F package, SSM6N813R has an allowable power dissipation of 1.5W and low on-resistance. In addition, the footprint of the TSOP6F package is 70% smaller than that of an SOP8 package.
Wednesday, March 21, 2018
A.M. BEST WITHDRAWS CREDIT RATINGS OF MACAU LIFE INSURANCE COMPANY LIMITED
HONG KONG, March 21 (Bernama-BUSINESS WIRE) -- A.M. Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B (Good) and the Long-Term Issuer Credit Rating of “bbb” of Macau Life Insurance Company Limited (MLIC) (Macau). The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, A.M. Best has withdrawn the ratings as the company has requested to no longer participate in the A.M. Best’s interactive rating process.
The ratings reflect MLIC’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, very limited business profile and appropriate enterprise risk management.
The ratings reflect MLIC’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, very limited business profile and appropriate enterprise risk management.
MCDONALD'S BECOMES THE FIRST RESTAURANT COMPANY TO SET APPROVED SCIENCE BASED TARGET TO REDUCE GREENHOUSE GAS EMISSIONS
Company Expected to Prevent 150 Million Metric Tons of Emissions by 2030
OAK BROOK, Ill., March 20 (Bernama-GLOBE NEWSWIRE) -- Today, McDonald’s announces it will partner with franchisees and suppliers to reduce greenhouse gas emissions related to McDonald’s restaurants and offices by 36% by 2030 from a 2015 base year in a new strategy to address global climate change. Additionally, McDonald’s commits to a 31% reduction in emissions intensity (per metric ton of food and packaging) across its supply chain by 2030 from 2015 levels. This combined target has been approved by the Science Based Targets initiative (SBTi).
Through these actions, McDonald’s expects to prevent 150 million metric tons of greenhouse gas emissions from being released into the atmosphere by 2030. This is the equivalent of taking 32 million passenger cars off the road for an entire year or planting 3.8 billion trees and growing them for 10 years. The target will enable McDonald’s to grow as a business without growing its emissions.
“To create a better future for our planet, we must all get involved. McDonald’s is doing its part by setting this ambitious goal to reduce greenhouse gas emissions to address the challenge of global climate change,” said Steve Easterbrook, McDonald’s President and CEO, who announced the plan in a video released by the company. “To meet this goal, we will source our food responsibly, promote renewable energy and use it efficiently, and reduce waste and increase recycling.”
To reach its target, McDonald’s will work across its supply chain, offices and restaurants to be more innovative and efficient through improvements such as LED lighting, energy efficient kitchen equipment, sustainable packaging, restaurant recycling, and by elevating and supporting sustainable agriculture practices. In collaboration with thousands of franchisees, suppliers and producers, McDonald’s will prioritize action on the largest segments of its carbon footprint: beef production, restaurant energy usage and sourcing, packaging and waste. These segments combined, account for approximately 64% of McDonald’s global emissions.
Building on the momentum of existing programs on forests, agriculture and energy efficiency, McDonald’s and its partners will continue to identify practical solutions to reduce greenhouse gas emissions and bring them to scale. In its commitment to transparency, McDonald’s will expand its measurement systems, and annually communicate about progress, challenges and milestones.
“Environmental progress doesn’t just happen, it takes bold leadership from all of us,” said Fred Krupp, President of Environmental Defense Fund. “As one of the best known brands on the planet, McDonald’s is well positioned to lead, and its ambitious new climate target will inspire innovation, collaboration, and most importantly critical greenhouse gas reductions across the company’s global operations and supply chain.”
McDonald’s work to care for the planet and communities spans nearly three decades, including the establishment of a groundbreaking partnership with Environmental Defense Fund (EDF) on packaging and waste reduction. More recently, in 2014, McDonald’s released an Energy and Climate Position Statement, establishing the company’s view on taking effective, collaborative action to tackle climate change. Additionally, in 2015, McDonald’s developed a Commitment on Forests that addresses supply chain impacts on deforestation. This strengthened the foundation of the company’s climate strategy as deforestation accounts for an estimated 15% of global greenhouse gas emissions.
“McDonald's footprint touches all parts of the world. Their announcement matters because it commits one of the world’s biggest companies to deliver, with the full breadth of their food chain system, significant emissions reductions based on science. It also coincides with their decision to join the We Are Still In coalition with thousands of other companies across the US,” said Carter Roberts, President and CEO of World Wildlife Fund (WWF) in the United States. “While private-sector actions can’t entirely solve the climate crisis facing our planet, significant announcements like these, and coalitions like these working on climate together, create momentum and movement toward the scale of solutions that we ultimately need.”
The launch of this science based target is the latest step in McDonald’s journey to drive meaningful change and use its Scale for Good.
“McDonald’s is delivering a strong statement by becoming the first restaurant company to set a science-based greenhouse gas emissions target. McDonald’s leaders understand that you don’t have to grow emissions to grow as a company,” said Andrew Steer, President & CEO, World Resources Institute (WRI), one of the Science Based Targets initiative partners. “By working with suppliers to design and scale more sustainable farming practices and reducing waste, McDonald’s will chart a path that is better for its franchise, customers and the environment. WRI urges McDonald’s to look for additional opportunities to align their business model and value chain with the realities of a resource-constrained world. We stand ready to support the company in pursuing strategies that lead to healthier consumers and a more sustainable planet.”
The Science Based Targets initiative (SBTi) is a collaboration between WRI, WWF, CDP (formerly the Carbon Disclosure Project) and the United Nations Global Compact, which helps companies determine how much they must cut emissions to do their part to address climate change.
Building on years of engagement with the beef industry, McDonald’s released its 2020 goals for beef sustainability in 2017. These laid out the next steps for collaboration with beef producers and industry partners to proactively identify, share and scale beef production’s most sustainable practices. Already in 2018, McDonald’s launched new packaging and recycling goals and strengthened its commitment to support families.
About McDonald’s
McDonald’s is the world’s leading global foodservice retailer with over 37,000 locations in 120 markets around the world. Over 90 percent of McDonald’s restaurants worldwide are owned and operated by independent local business men and women.
MEDIA CONTACT
Terri Hickey, 773-655-3035
terri.hickey@us.mcd.com
Source : McDonald's Corporation
--BERNAMA
OAK BROOK, Ill., March 20 (Bernama-GLOBE NEWSWIRE) -- Today, McDonald’s announces it will partner with franchisees and suppliers to reduce greenhouse gas emissions related to McDonald’s restaurants and offices by 36% by 2030 from a 2015 base year in a new strategy to address global climate change. Additionally, McDonald’s commits to a 31% reduction in emissions intensity (per metric ton of food and packaging) across its supply chain by 2030 from 2015 levels. This combined target has been approved by the Science Based Targets initiative (SBTi).
Through these actions, McDonald’s expects to prevent 150 million metric tons of greenhouse gas emissions from being released into the atmosphere by 2030. This is the equivalent of taking 32 million passenger cars off the road for an entire year or planting 3.8 billion trees and growing them for 10 years. The target will enable McDonald’s to grow as a business without growing its emissions.
“To create a better future for our planet, we must all get involved. McDonald’s is doing its part by setting this ambitious goal to reduce greenhouse gas emissions to address the challenge of global climate change,” said Steve Easterbrook, McDonald’s President and CEO, who announced the plan in a video released by the company. “To meet this goal, we will source our food responsibly, promote renewable energy and use it efficiently, and reduce waste and increase recycling.”
To reach its target, McDonald’s will work across its supply chain, offices and restaurants to be more innovative and efficient through improvements such as LED lighting, energy efficient kitchen equipment, sustainable packaging, restaurant recycling, and by elevating and supporting sustainable agriculture practices. In collaboration with thousands of franchisees, suppliers and producers, McDonald’s will prioritize action on the largest segments of its carbon footprint: beef production, restaurant energy usage and sourcing, packaging and waste. These segments combined, account for approximately 64% of McDonald’s global emissions.
Building on the momentum of existing programs on forests, agriculture and energy efficiency, McDonald’s and its partners will continue to identify practical solutions to reduce greenhouse gas emissions and bring them to scale. In its commitment to transparency, McDonald’s will expand its measurement systems, and annually communicate about progress, challenges and milestones.
“Environmental progress doesn’t just happen, it takes bold leadership from all of us,” said Fred Krupp, President of Environmental Defense Fund. “As one of the best known brands on the planet, McDonald’s is well positioned to lead, and its ambitious new climate target will inspire innovation, collaboration, and most importantly critical greenhouse gas reductions across the company’s global operations and supply chain.”
McDonald’s work to care for the planet and communities spans nearly three decades, including the establishment of a groundbreaking partnership with Environmental Defense Fund (EDF) on packaging and waste reduction. More recently, in 2014, McDonald’s released an Energy and Climate Position Statement, establishing the company’s view on taking effective, collaborative action to tackle climate change. Additionally, in 2015, McDonald’s developed a Commitment on Forests that addresses supply chain impacts on deforestation. This strengthened the foundation of the company’s climate strategy as deforestation accounts for an estimated 15% of global greenhouse gas emissions.
“McDonald's footprint touches all parts of the world. Their announcement matters because it commits one of the world’s biggest companies to deliver, with the full breadth of their food chain system, significant emissions reductions based on science. It also coincides with their decision to join the We Are Still In coalition with thousands of other companies across the US,” said Carter Roberts, President and CEO of World Wildlife Fund (WWF) in the United States. “While private-sector actions can’t entirely solve the climate crisis facing our planet, significant announcements like these, and coalitions like these working on climate together, create momentum and movement toward the scale of solutions that we ultimately need.”
The launch of this science based target is the latest step in McDonald’s journey to drive meaningful change and use its Scale for Good.
“McDonald’s is delivering a strong statement by becoming the first restaurant company to set a science-based greenhouse gas emissions target. McDonald’s leaders understand that you don’t have to grow emissions to grow as a company,” said Andrew Steer, President & CEO, World Resources Institute (WRI), one of the Science Based Targets initiative partners. “By working with suppliers to design and scale more sustainable farming practices and reducing waste, McDonald’s will chart a path that is better for its franchise, customers and the environment. WRI urges McDonald’s to look for additional opportunities to align their business model and value chain with the realities of a resource-constrained world. We stand ready to support the company in pursuing strategies that lead to healthier consumers and a more sustainable planet.”
The Science Based Targets initiative (SBTi) is a collaboration between WRI, WWF, CDP (formerly the Carbon Disclosure Project) and the United Nations Global Compact, which helps companies determine how much they must cut emissions to do their part to address climate change.
Building on years of engagement with the beef industry, McDonald’s released its 2020 goals for beef sustainability in 2017. These laid out the next steps for collaboration with beef producers and industry partners to proactively identify, share and scale beef production’s most sustainable practices. Already in 2018, McDonald’s launched new packaging and recycling goals and strengthened its commitment to support families.
About McDonald’s
McDonald’s is the world’s leading global foodservice retailer with over 37,000 locations in 120 markets around the world. Over 90 percent of McDonald’s restaurants worldwide are owned and operated by independent local business men and women.
MEDIA CONTACT
Terri Hickey, 773-655-3035
terri.hickey@us.mcd.com
Source : McDonald's Corporation
--BERNAMA
Tuesday, March 20, 2018
A.M. BEST AFFIRMS CREDIT RATINGS OF ENERGAS INSURANCE (L) LIMITED
SINGAPORE, March 19 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Energas Insurance (L) Limited (Energas) (Malaysia). The outlook of these Credit Ratings (ratings) is stable.
Energas is the sole captive insurer of Petroliam Nasional Berhad (Petronas), Malaysia’s national oil and gas company.
The ratings reflect Energas’ balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
The ratings also incorporate Energas’ solid risk-adjusted capitalization, comprehensive reinsurance program and historically strong operating performance, evidenced by a five-year average combined ratio of approximately 53%.
http://mrem.bernama.com/viewsm.php?idm=31476
Energas is the sole captive insurer of Petroliam Nasional Berhad (Petronas), Malaysia’s national oil and gas company.
The ratings reflect Energas’ balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
The ratings also incorporate Energas’ solid risk-adjusted capitalization, comprehensive reinsurance program and historically strong operating performance, evidenced by a five-year average combined ratio of approximately 53%.
http://mrem.bernama.com/viewsm.php?idm=31476
IF YOU PREVIOUSLY PURCHASED OR OTHERWISE ACQUIRED CERTAIN PETROBRAS SECURITIES, YOU COULD GET A CASH PAYMENT FROM A CLASS ACTION SETTLEMENT
NEW YORK, March 19 (Bernama-BUSINESS WIRE) -- The following statement is being issued by Pomerantz LLP regarding In re Petrobras Securities Litigation.
Important Legal Notice from the United States District Court for the Southern District of New York
Two proposed settlements have been reached in a securities class action lawsuit brought by investors against Petróleo Brasileiro S.A. (“Petrobras”) and certain of its affiliates, underwriters, external auditors, and current and former directors and officers. The Settlements include certain securities issued by Petrobras. Petrobras, the Underwriter Defendants, and PricewaterhouseCoopers Auditores Independentes (“PwC Brazil”) deny any and all allegations of wrongdoing, and the District Court has not decided who is right.
Important Legal Notice from the United States District Court for the Southern District of New York
Two proposed settlements have been reached in a securities class action lawsuit brought by investors against Petróleo Brasileiro S.A. (“Petrobras”) and certain of its affiliates, underwriters, external auditors, and current and former directors and officers. The Settlements include certain securities issued by Petrobras. Petrobras, the Underwriter Defendants, and PricewaterhouseCoopers Auditores Independentes (“PwC Brazil”) deny any and all allegations of wrongdoing, and the District Court has not decided who is right.
Friday, March 16, 2018
NIPPON EXPRESS ACQUIRES EQUITY INTEREST IN TRACONF S.R.L. (TURNING IT INTO SUBSIDIARY)
TOKYO, Mar. 16, 2018/Kyodo JBN-- AsiaNet/--
Nippon Express Co., Ltd. (TSE: 9062, hereinafter the "Company") agreed with investors in Traconf S.r.l. headquartered in Verona, Italy (hereinafter "Traconf"), an apparel-related logistics service provider in the high-end fashion industry, and thereby executed a sale and purchase agreement (the "SPA") on March 6, 2018(CET), to acquire the entire equity interest in Traconf through the subsidiary, Nippon Express Europe GmbH (the "Acquisition").
http://mrem.bernama.com/viewsm.php?idm=31470
Nippon Express Co., Ltd. (TSE: 9062, hereinafter the "Company") agreed with investors in Traconf S.r.l. headquartered in Verona, Italy (hereinafter "Traconf"), an apparel-related logistics service provider in the high-end fashion industry, and thereby executed a sale and purchase agreement (the "SPA") on March 6, 2018(CET), to acquire the entire equity interest in Traconf through the subsidiary, Nippon Express Europe GmbH (the "Acquisition").
http://mrem.bernama.com/viewsm.php?idm=31470
Gratomic receives grant of exclusive prospecting licence
KUALA LUMPUR, March 14 (Bernama) -- Gratomic Inc. has announced that
the Republic of Namibia has granted the company with an additional exclusive
prospecting licence, Number 6710 (EPL 6710), with an initial exclusivity period
of three years.
The title to EPL 6710 is registered to Luxury Investments Two Hundred and Sixty Four (PTY) Ltd, a Namibian company, of which the company holds 91 per cent.
The remaining of nine per cent is held by a local Namibian pursuant to the Republic of Namibia´s New Equitable Economic Empowerment Framework.
EPL 6710 is located immediately east and north of, and contiguous with EPL 3895 that covers the Aukam graphite deposit and the Snyman graphite occurrence.
The application for the licence was submitted in order to cover the potential strike extension of the Snyman graphite occurrence to the east.
In addition, EPL 6710 covers additional area prospective for graphite within the 'Aukam window', where the rocks hosting the Aukam and Snyman graphite are exposed beneath the regional unconformity at the base of the Nama Group sedimentary rocks.
The addition of the new EPL increases the area of prospective geology covered to 63,072 hectares (630 square kilometres).
"We are very pleased that we have been granted EPL 6710 as not only does it cover the potential extension of graphite mineralisation seen at the Snyman occurrence, but it also covers most of the window below the unconformity that is also prospective for graphite, " said Gratomic´s co-chief executive officer, Arno Brand.
-- BERNAMA
The title to EPL 6710 is registered to Luxury Investments Two Hundred and Sixty Four (PTY) Ltd, a Namibian company, of which the company holds 91 per cent.
The remaining of nine per cent is held by a local Namibian pursuant to the Republic of Namibia´s New Equitable Economic Empowerment Framework.
EPL 6710 is located immediately east and north of, and contiguous with EPL 3895 that covers the Aukam graphite deposit and the Snyman graphite occurrence.
The application for the licence was submitted in order to cover the potential strike extension of the Snyman graphite occurrence to the east.
In addition, EPL 6710 covers additional area prospective for graphite within the 'Aukam window', where the rocks hosting the Aukam and Snyman graphite are exposed beneath the regional unconformity at the base of the Nama Group sedimentary rocks.
The addition of the new EPL increases the area of prospective geology covered to 63,072 hectares (630 square kilometres).
"We are very pleased that we have been granted EPL 6710 as not only does it cover the potential extension of graphite mineralisation seen at the Snyman occurrence, but it also covers most of the window below the unconformity that is also prospective for graphite, " said Gratomic´s co-chief executive officer, Arno Brand.
-- BERNAMA
Thursday, March 15, 2018
ETHOCA'S INTEGRATED SOLUTION SUITE AIMS TO ERADICATE 90% OF CHARGEBACKS THROUGH PROVEN INDUSTRY COLLABORATION
Led by ground-breaking Eliminator solution, the suite provides a three-layer defence from genuine fraud, friendly fraud and customer disputes, while creating a better experience for customers
TORONTO & AUSTIN, Texas & LONDON, March 15 (Bernama-BUSINESS WIRE) -- Ethoca, the industry standard for collaboration-based technology solutions that enable card issuers and online merchants to increase card acceptance and stop ecommerce fraud and disputes, today announced the launch of its new Integrated Solution Suite. When adopted at full scale across the industry, Ethoca’s suite of products – including Ethoca Eliminator, Ethoca Alerts and Enhanced Representments – can mitigate up to 90% of chargebacks from genuine fraud, friendly (or first-party) fraud and false claims. Even more importantly, it sets the stage for increased card acceptance across the ecosystem.
Today’s ecommerce ecosystem is plagued by a raft of issues that increase friction in the purchase process and create a negative experience for customers. With friendly fraud (whether innocent or hostile) and false claims now reaching 90% of all fraud volumes in sectors like digital goods, card issuers, merchants and customers are all facing a downward spiral of disputes that are having a significant impact on card acceptance. Industry estimates suggest that ‘false declines’ – when good customers are falsely declined due to the risk of fraud – are continuing to increase: for every $1 in confirmed fraud, $13 in legitimate transactions are falsely rejected. Customers experiencing a false decline will elect to abandon purchases at trusted ecommerce web sites, pull out a different payment card or, in 39% of cases, potentially abandon the purchase altogether.¹
TORONTO & AUSTIN, Texas & LONDON, March 15 (Bernama-BUSINESS WIRE) -- Ethoca, the industry standard for collaboration-based technology solutions that enable card issuers and online merchants to increase card acceptance and stop ecommerce fraud and disputes, today announced the launch of its new Integrated Solution Suite. When adopted at full scale across the industry, Ethoca’s suite of products – including Ethoca Eliminator, Ethoca Alerts and Enhanced Representments – can mitigate up to 90% of chargebacks from genuine fraud, friendly (or first-party) fraud and false claims. Even more importantly, it sets the stage for increased card acceptance across the ecosystem.
Today’s ecommerce ecosystem is plagued by a raft of issues that increase friction in the purchase process and create a negative experience for customers. With friendly fraud (whether innocent or hostile) and false claims now reaching 90% of all fraud volumes in sectors like digital goods, card issuers, merchants and customers are all facing a downward spiral of disputes that are having a significant impact on card acceptance. Industry estimates suggest that ‘false declines’ – when good customers are falsely declined due to the risk of fraud – are continuing to increase: for every $1 in confirmed fraud, $13 in legitimate transactions are falsely rejected. Customers experiencing a false decline will elect to abandon purchases at trusted ecommerce web sites, pull out a different payment card or, in 39% of cases, potentially abandon the purchase altogether.¹
TOMMY HILFIGER ANNOUNCES FORMULA ONE WORLD CHAMPION LEWIS HAMILTON AS GLOBAL BRAND AMBASSADOR FOR TOMMY HILFIGER MEN'S
As one of today’s greatest sports competitors, Lewis Hamilton will represent the world of TOMMY HILFIGER men’s as global brand ambassador starting Spring 2018.
AMSTERDAM, March 15 (Bernama-BUSINESS WIRE) -- Tommy Hilfiger, which is owned by PVH Corp. [NYSE: PVH], announces that British Formula One racing driver and four-time Formula One® World Champion Lewis Hamilton will appear as the new global brand ambassador for TOMMY HILFIGER men’s, including HILFIGER COLLECTION, TOMMY HILFIGER TAILORED and TOMMY HILFIGER Menswear, Underwear and Swimwear, starting Spring 2018. The partnership reflects Tommy Hilfiger’s strategic commitment to build on its strong menswear heritage and further drive the global growth of its men’s business, bringing the next generation of fans to the brand.
This press release features multimedia. View the full release here:http://www.businesswire.com/news/home/20180315005270/en/
“I have always admired Lewis’ incredible endurance during the race, as well as his unique style off the track, which speak to the new generation of Tommy Guys,” said Tommy Hilfiger. “He has built his incredible career as a racing driver with passion, dedication and extremely hard work – values that I embraced when founding my brand. We have a history with Formula One, and this partnership builds on our heritage of collaborations within the world of motor sport.”
AMSTERDAM, March 15 (Bernama-BUSINESS WIRE) -- Tommy Hilfiger, which is owned by PVH Corp. [NYSE: PVH], announces that British Formula One racing driver and four-time Formula One® World Champion Lewis Hamilton will appear as the new global brand ambassador for TOMMY HILFIGER men’s, including HILFIGER COLLECTION, TOMMY HILFIGER TAILORED and TOMMY HILFIGER Menswear, Underwear and Swimwear, starting Spring 2018. The partnership reflects Tommy Hilfiger’s strategic commitment to build on its strong menswear heritage and further drive the global growth of its men’s business, bringing the next generation of fans to the brand.
This press release features multimedia. View the full release here:http://www.businesswire.com/news/home/20180315005270/en/
“I have always admired Lewis’ incredible endurance during the race, as well as his unique style off the track, which speak to the new generation of Tommy Guys,” said Tommy Hilfiger. “He has built his incredible career as a racing driver with passion, dedication and extremely hard work – values that I embraced when founding my brand. We have a history with Formula One, and this partnership builds on our heritage of collaborations within the world of motor sport.”
SOLARWINDS SYSTEM MANAGEMENT UPDATES SHARPEN VISIBILITY INTO PHYSICAL AND VIRTUAL INFRASTRUCTURE
Support added for leading all-flash arrays from Dell EMC, HPE Nimble Storage, INFINIDAT and IBM
New functionality creates clear view of server interactions within business applications
AUSTIN, Texas, March 15 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced a pair of product updates that offer broader and deeper performance monitoring capabilities across physical and virtual infrastructures, particularly in hybrid environments. The newest version of SolarWinds® Storage Resource Monitor (SRM) extends support to a wider range of leading all-flash arrays (AFAs), while the latest update to Server & Application Monitor (SAM) permits deeper visibility into interactions between a set of servers running critical business applications.
“Finding clarity through the haze of complexity is vital to successfully keep today’s heterogeneous and distributed IT environments running smoothly,” said Christoph Pfister, executive vice president of products, SolarWinds. “With support for more leading-edge storage vendor solutions and deeper visibility into the connection between critical infrastructure resources, our system management updates give IT professionals more powerful tools to overcome complexity and optimize performance in their diverse worlds.”
New functionality creates clear view of server interactions within business applications
AUSTIN, Texas, March 15 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced a pair of product updates that offer broader and deeper performance monitoring capabilities across physical and virtual infrastructures, particularly in hybrid environments. The newest version of SolarWinds® Storage Resource Monitor (SRM) extends support to a wider range of leading all-flash arrays (AFAs), while the latest update to Server & Application Monitor (SAM) permits deeper visibility into interactions between a set of servers running critical business applications.
“Finding clarity through the haze of complexity is vital to successfully keep today’s heterogeneous and distributed IT environments running smoothly,” said Christoph Pfister, executive vice president of products, SolarWinds. “With support for more leading-edge storage vendor solutions and deeper visibility into the connection between critical infrastructure resources, our system management updates give IT professionals more powerful tools to overcome complexity and optimize performance in their diverse worlds.”
SINGAPORE SMALL BUSINESSES CONFIDENT IN 2018
SINGAPORE, Mar. 15, 2018/Medianet International-AsiaNet/ --
Small businesses in Singapore are showing a strong pick-up in confidence in 2018, according to a new survey released today.
The findings, from CPA Australia's eighth annual Asia-Pacific Small Business Survey, follow extensive surveying of nearly 3,000 small business operators in Malaysia, Vietnam, Indonesia, Hong Kong, Singapore, Australia, New Zealand and Mainland China.
CPA Australia's Head of Policy, Paul Drum FCPA said the outlook for 2018 is strong, with 57.0 per cent of businesses expecting to grow, even as Singapore's small businesses experienced weaker growth in 2017.
"While 2017 saw the lowest number of Singapore small businesses that reported growing since 2014, many expressed a high level of confidence in the Singapore economy and in their own growth prospects for 2018.
"Fifty-seven per cent of small businesses in Singapore are expecting to grow in 2018, the best result for Singapore since the 2012 survey" Mr Drum said.
The survey results again showed that businesses that are applying digital technologies in their business are significantly more likely to be growing strongly than businesses that are not.
In comparison to Australia and New Zealand, Singapore's small business sector is more digitally capable, with a significant majority using social media for business purposes, and nearly four in ten businesses earning more than ten per cent of their income from online sales.
"Singapore's small businesses could, however, benefit from a stronger focus on new digital payment options, such as AliPay, ApplePay and WeChat Pay. Only 30.2 per cent allow customers to pay through this technology, well below China (65.5 per cent) and the survey average (42.7 per cent).
"With Singapore's excellent communications infrastructure and world-leading support for small businesses, we expect Singapore's small businesses to move quickly to invest in new payment technologies.
"The results show investments into new technologies are likely to have a fairly quick and positive impact on the bottom line of many small businesses. 35.1 per cent of Singapore respondents that invested in technology in 2017 stated that such an investment has already resulted in improvements in profitability," Mr Drum said.
http://mrem.bernama.com/viewsm.php?idm=31456
Small businesses in Singapore are showing a strong pick-up in confidence in 2018, according to a new survey released today.
The findings, from CPA Australia's eighth annual Asia-Pacific Small Business Survey, follow extensive surveying of nearly 3,000 small business operators in Malaysia, Vietnam, Indonesia, Hong Kong, Singapore, Australia, New Zealand and Mainland China.
CPA Australia's Head of Policy, Paul Drum FCPA said the outlook for 2018 is strong, with 57.0 per cent of businesses expecting to grow, even as Singapore's small businesses experienced weaker growth in 2017.
"While 2017 saw the lowest number of Singapore small businesses that reported growing since 2014, many expressed a high level of confidence in the Singapore economy and in their own growth prospects for 2018.
"Fifty-seven per cent of small businesses in Singapore are expecting to grow in 2018, the best result for Singapore since the 2012 survey" Mr Drum said.
The survey results again showed that businesses that are applying digital technologies in their business are significantly more likely to be growing strongly than businesses that are not.
In comparison to Australia and New Zealand, Singapore's small business sector is more digitally capable, with a significant majority using social media for business purposes, and nearly four in ten businesses earning more than ten per cent of their income from online sales.
"Singapore's small businesses could, however, benefit from a stronger focus on new digital payment options, such as AliPay, ApplePay and WeChat Pay. Only 30.2 per cent allow customers to pay through this technology, well below China (65.5 per cent) and the survey average (42.7 per cent).
"With Singapore's excellent communications infrastructure and world-leading support for small businesses, we expect Singapore's small businesses to move quickly to invest in new payment technologies.
"The results show investments into new technologies are likely to have a fairly quick and positive impact on the bottom line of many small businesses. 35.1 per cent of Singapore respondents that invested in technology in 2017 stated that such an investment has already resulted in improvements in profitability," Mr Drum said.
http://mrem.bernama.com/viewsm.php?idm=31456
Wednesday, March 14, 2018
NEURALSTEM ANNOUNCES PUBLICATION OF A STUDY IN NATURE MEDICINE SHOWING BENEFITS OF NSI-566 IN A PRIMATE MODEL OF SPINAL CORD INJURY
- NSI-566 shown to have restorative function in primate paralysis model -
- NSI-566 transplantation resulted in measurable improvement in forelimb function -
GERMANTOWN, Md., March 14 (Bernama-GLOBE NEWSWIRE) -- Neuralstem, Inc. (Nasdaq:CUR), a biopharmaceutical company focused on developing novel treatments for nervous system diseases, highlighted the publication of a manuscript in Nature Medicine showing that NSI-566, Neuralstem’s lead cell therapy candidate, provided meaningful improvement in forelimb function in a non-human primate model of acute spinal cord injury. The full manuscript can be found here.
The manuscript, entitled ‘Restorative Effects of Human Neural Stem Cell Grafts on the Primate Spinal Cord,’ involved a study to evaluate the potential benefits of transplanting NSI-566 into rhesus monkeys two weeks after they received a hemisection lesion of the cervical spinal cord.
- NSI-566 transplantation resulted in measurable improvement in forelimb function -
GERMANTOWN, Md., March 14 (Bernama-GLOBE NEWSWIRE) -- Neuralstem, Inc. (Nasdaq:CUR), a biopharmaceutical company focused on developing novel treatments for nervous system diseases, highlighted the publication of a manuscript in Nature Medicine showing that NSI-566, Neuralstem’s lead cell therapy candidate, provided meaningful improvement in forelimb function in a non-human primate model of acute spinal cord injury. The full manuscript can be found here.
The manuscript, entitled ‘Restorative Effects of Human Neural Stem Cell Grafts on the Primate Spinal Cord,’ involved a study to evaluate the potential benefits of transplanting NSI-566 into rhesus monkeys two weeks after they received a hemisection lesion of the cervical spinal cord.
Jumio, Monaco bring cryptocurrency to every wallet
KUALA LUMPUR, March 13 (Bernama) -- Jumio Corp, an AI-powered trusted identity as a service provider, today announced a partnership with Monaco,, the pioneering payments and cryptocurrency platform that enables users to buy, exchange, and spend fiat and cryptocurrencies, such as bitcoin and ether, at perfect interbank exchange rates.
Monaco Technolopg GmbH's vision of Cryptocurrency in Every Wallet places a high premium on the user experience during the onboarding process.
Jumio facilitates the process by providing the Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
To enable access to the application, users must first pass both the KYC and AML processes to verify that they are who they claim to be.
"As a leader in compliance and user experience, Monaco's goal is to streamline the identity verification process without compromising accuracy," said co-founder and chief executive officer of Monaco, Kris Marszalek.
"Jumio's AI-powered technologies fit with our priority of creating smooth and simple user journeys, keeping our users happy and increasing client retention by taking the complexities out of the online verification process usually associated with regulatory KYC and AML compliance," he added.
Meanwhile, Jumio's vice president of Asia Pacific, Frederic Ho said Monaco was leading the way by being one of the first companies to leverage online identity verification during the onboarding process to simplify KYC.
"What's more, they deliver a fundamentally better user experience while benefiting from more accurate fraud detection," he said.
-- BERNAMA
Monaco Technolopg GmbH's vision of Cryptocurrency in Every Wallet places a high premium on the user experience during the onboarding process.
Jumio facilitates the process by providing the Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
To enable access to the application, users must first pass both the KYC and AML processes to verify that they are who they claim to be.
"As a leader in compliance and user experience, Monaco's goal is to streamline the identity verification process without compromising accuracy," said co-founder and chief executive officer of Monaco, Kris Marszalek.
"Jumio's AI-powered technologies fit with our priority of creating smooth and simple user journeys, keeping our users happy and increasing client retention by taking the complexities out of the online verification process usually associated with regulatory KYC and AML compliance," he added.
Meanwhile, Jumio's vice president of Asia Pacific, Frederic Ho said Monaco was leading the way by being one of the first companies to leverage online identity verification during the onboarding process to simplify KYC.
"What's more, they deliver a fundamentally better user experience while benefiting from more accurate fraud detection," he said.
-- BERNAMA
Williams Scotsman to release 4th quarter, full year 2017 financial results
KUALA LUMPUR, March 13 (Bernama) -- WillScot Corporation today announced that it will release its fourth quarter and full year 2017 financial results after the markets close on March 15, 2018.
WillScot Corporation is the public holding company for the Williams Scotsman family of companies in the United States, Canada and Mexico.
Its president and chief executive officer, Bradley Soultz, and chief financial officer, Timothy Boswell, will host a conference call and webcast to discuss the results for the fourth quarter and full year 2017 on March 16 at 10 am, EST.
The live call can be accessed by dialling (855) 312-9420 (US/Canada toll-free) or (210) 874-7774 (International) and asking to be connected to the Williams Scotsman call.
A live webcast will also be accessible via the 'Events & Presentations' section of the company´s investor relations website at https://investors.willscot.com.
-- BERNAMA
WillScot Corporation is the public holding company for the Williams Scotsman family of companies in the United States, Canada and Mexico.
Its president and chief executive officer, Bradley Soultz, and chief financial officer, Timothy Boswell, will host a conference call and webcast to discuss the results for the fourth quarter and full year 2017 on March 16 at 10 am, EST.
The live call can be accessed by dialling (855) 312-9420 (US/Canada toll-free) or (210) 874-7774 (International) and asking to be connected to the Williams Scotsman call.
A live webcast will also be accessible via the 'Events & Presentations' section of the company´s investor relations website at https://investors.willscot.com.
-- BERNAMA
SD-WAN MARKET LEADER ARYAKA UNVEILS PASSPORT: MULTI-LAYERED SECURITY PLATFORM AND ECOSYSTEM, PARTNERS WITH PALO ALTO NETWORKS, ZSCALER, AND RADWARE
First Integrated Platform for Best-of-Breed Application Performance and Multi-Layered Security for Global Enterprises
SAN MATEO, Calif., March 13 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, today unveiled PASSPORT, its multi-layered security platform and ecosystem, providing global enterprises with best-in-class application performance and security.
“In today’s cloud-centric world, global organizations are looking to SD-WAN to deliver solutions that offer reliable global connectivity, fast and consistent application performance anywhere in the world, and enhanced network visibility in an environment that assures the highest level of enterprise-grade security,” said Gary Sevounts, Chief Marketing Officer at Aryaka. “Working closely with industry leaders like Palo Alto Networks, Zscaler, and Radware, Aryaka delivers a platform with unified, best-of-breed global SD-WAN and security solutions that are affordable and accessible to all global enterprises.”
SAN MATEO, Calif., March 13 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, today unveiled PASSPORT, its multi-layered security platform and ecosystem, providing global enterprises with best-in-class application performance and security.
“In today’s cloud-centric world, global organizations are looking to SD-WAN to deliver solutions that offer reliable global connectivity, fast and consistent application performance anywhere in the world, and enhanced network visibility in an environment that assures the highest level of enterprise-grade security,” said Gary Sevounts, Chief Marketing Officer at Aryaka. “Working closely with industry leaders like Palo Alto Networks, Zscaler, and Radware, Aryaka delivers a platform with unified, best-of-breed global SD-WAN and security solutions that are affordable and accessible to all global enterprises.”
Tuesday, March 13, 2018
WHAT'S NEW IN THE ISLANDS OF THE BAHAMAS THIS SPRING
Fort Lauderdale, Florida, March 9 (Bernama-GLOBE NEWSWIRE) -- The Islands Of The Bahamas are heating up this spring with seasonal deals, hotel updates and festivals worth traveling for. In a major development, the CDC reported there have been no new cases of Zika in the past 12 months, thus removing The Bahamas from the list of at risk destinations. And, once again, The Bahamas graced the front cover of the Sports Illustrated Swimsuit Issue, putting The Bahamas top of mind for travelers ahead of the peak travel season.
NEWS OUT OF THE BAHAMAS
The Bahamas Are Zika Free – On February 2, 2018 the Center for Disease Control and Prevention (CDC) removed The Bahamas from its list of “Areas with Risk of Zika,” which, according to their website, identifies places where pregnant women should avoid travel, and where travelers should strictly follow steps to prevent mosquito bites and sexual transmission during and after the trip. There have been no new cases of Zika identified in the area or from travelers in the past 12 months.
Bahamas Paradise Cruise Line Unveils Grand Classica – Bahamas Paradise Cruise Line (BPCL), the only line with a two-night cruise departing year-round from the Port of Palm Beach, recently announced that Grand Classica, its new ship joining Grand Celebration, will begin sailing on April 13, 2018. Reservations for Grand Classica open with a special Buy-One, Get-One Free booking offer. Beginning with the first sailing, Bahamas Paradise will be the only cruise line to offer daily departures to Grand Bahama Island from the Port of Palm Beach becoming the largest provider of tourism to the Island. www.BahamasParadiseCruise.com
http://mrem.bernama.com/viewsm.php?idm=31414
NEWS OUT OF THE BAHAMAS
The Bahamas Are Zika Free – On February 2, 2018 the Center for Disease Control and Prevention (CDC) removed The Bahamas from its list of “Areas with Risk of Zika,” which, according to their website, identifies places where pregnant women should avoid travel, and where travelers should strictly follow steps to prevent mosquito bites and sexual transmission during and after the trip. There have been no new cases of Zika identified in the area or from travelers in the past 12 months.
Bahamas Paradise Cruise Line Unveils Grand Classica – Bahamas Paradise Cruise Line (BPCL), the only line with a two-night cruise departing year-round from the Port of Palm Beach, recently announced that Grand Classica, its new ship joining Grand Celebration, will begin sailing on April 13, 2018. Reservations for Grand Classica open with a special Buy-One, Get-One Free booking offer. Beginning with the first sailing, Bahamas Paradise will be the only cruise line to offer daily departures to Grand Bahama Island from the Port of Palm Beach becoming the largest provider of tourism to the Island. www.BahamasParadiseCruise.com
http://mrem.bernama.com/viewsm.php?idm=31414
Friday, March 9, 2018
Resilinc CyberSCRM, A Platform To Protect Enterprise Supply Chains
KUALA LUMPUR, March 8 (Bernama) -- Resilinc, a global provider of
supply chain resiliency solutions, has announced the availability of Resilinc
CyberSCRM, an advanced cybersecurity risk monitoring and mitigation platform.
It is to protect enterprise supply chains, including indirect services suppliers, from cybersecurity threats.
Resilinc´s new offering leverages global supply and service chain intelligence with advanced technology that constantly analyses each customer´s exposure to risk, threats and events.
The new cloud-based offering is a stand-alone product for enterprises to guard their physical supply chains and their outsourced service providers from the growing risk of cyber threats.
Resilinc CyberSCRM has met the GDPR compliance date of May 25, 2018.
"Our new CyberSCRM product will provide enterprises with an integrated, multi-tiered assessment, monitoring, alerting, and response platform, for both their physical supply chains and their third-party service providers, " said chief product officer at Resilinc Corporation, Sumit Vakil.
"This new offering leverages our ability to assess across multiple tiers, monitor for cyber threats in 44 languages across more than 100,000 sources globally, and empower our clients to take a coordinated response as cyber threats emerge, " he said.
-- BERNAMA
It is to protect enterprise supply chains, including indirect services suppliers, from cybersecurity threats.
Resilinc´s new offering leverages global supply and service chain intelligence with advanced technology that constantly analyses each customer´s exposure to risk, threats and events.
The new cloud-based offering is a stand-alone product for enterprises to guard their physical supply chains and their outsourced service providers from the growing risk of cyber threats.
Resilinc CyberSCRM has met the GDPR compliance date of May 25, 2018.
"Our new CyberSCRM product will provide enterprises with an integrated, multi-tiered assessment, monitoring, alerting, and response platform, for both their physical supply chains and their third-party service providers, " said chief product officer at Resilinc Corporation, Sumit Vakil.
"This new offering leverages our ability to assess across multiple tiers, monitor for cyber threats in 44 languages across more than 100,000 sources globally, and empower our clients to take a coordinated response as cyber threats emerge, " he said.
-- BERNAMA
Thursday, March 8, 2018
ARBITRADE EXCHANGE INC. TO ACQUIRE CRYPTOBONTIX INC.
NEW YORK, March 8 (Bernama-GLOBE NEWSWIRE) -- Arbitrade, a cryptocurrency exchange and mining company, will acquire its partner company, Cryptobontix, in an acquisition that will be completed later this month.
Arbitrade’s management, having built the board of both companies, will now operate both entities as one operation and will keep the same management and board of directors.
Arbitrade’s management, having built the board of both companies, will now operate both entities as one operation and will keep the same management and board of directors.
ASCOM EXPANDS COMMUNICATION, COLLABORATION AND COORDINATION PERFORMANCE FOR ASCOM MYCO SMARTPHONE PORTFOLIO
New models and capabilities for healthcare and enterprise. DECT capability delivering dedicated, interference-free communication channels. Ascom Myco 3 smartphone initial reveal expected at HIMSS.
BAAR, Switzerland, March 7 (Bernama-GLOBE NEWSWIRE) -- Ascom (SWX:ASCN.SW), a world-leader in workflow, alerts and communications solutions for healthcare and enterprise, is adding Digital Enhanced Cordless Telecommunications (DECT) capability to its Ascom Myco 2 smartphone. DECT is a robust, gold-standard technology that uses reserved, dedicated frequencies to ensure interference-free communications.
“The Ascom Myco 2 provides the reliability of DECT and the speed of Wi-Fi in one enterprise-grade smartphone,” says Ascom CEO Holger Cordes. “It strengthens our mobility solutions and the Ascom Healthcare Platform, which brings together a dynamic portfolio of clinical and care solutions. Together they help bridge information gaps and unlock the power of mobile workflows for optimized care delivery, coordination and communication.” The DECT capability is enabled by a firmware update, and applies to all existing and future Ascom Myco 2 smartphones.
BAAR, Switzerland, March 7 (Bernama-GLOBE NEWSWIRE) -- Ascom (SWX:ASCN.SW), a world-leader in workflow, alerts and communications solutions for healthcare and enterprise, is adding Digital Enhanced Cordless Telecommunications (DECT) capability to its Ascom Myco 2 smartphone. DECT is a robust, gold-standard technology that uses reserved, dedicated frequencies to ensure interference-free communications.
“The Ascom Myco 2 provides the reliability of DECT and the speed of Wi-Fi in one enterprise-grade smartphone,” says Ascom CEO Holger Cordes. “It strengthens our mobility solutions and the Ascom Healthcare Platform, which brings together a dynamic portfolio of clinical and care solutions. Together they help bridge information gaps and unlock the power of mobile workflows for optimized care delivery, coordination and communication.” The DECT capability is enabled by a firmware update, and applies to all existing and future Ascom Myco 2 smartphones.
PRA HEALTH SCIENCES NAMED BEST CRO IN ASIA
RALEIGH, N.C., March 7 (Bernama-GLOBE NEWSWIRE) -- PRA Health Sciences, Inc. (NASDAQ:PRAH) is honored to once again be named Best CRO in Asia. PRA received this recognition at the Phar-East Pharma and Biotech Festival (formally known as BioPharma Asia). This is the fourth time PRA has received this award since 2013. The award recognizes the best CRO that has demonstrated an ongoing commitment to improve their clinical research services in Asia and in reducing lead times for its customers.
“This award is possible thanks to our exceptional Asia Pacific team,” said David MacMurchy, Executive Vice President, Europe Asia Pacific and Africa. “PRA has continued to invest in the best talent and infrastructure globally and this includes Asia Pacific. I am extremely pleased that the team has been recognized and excited to continue building and investing to support clients and patients in the region.”
“This award is possible thanks to our exceptional Asia Pacific team,” said David MacMurchy, Executive Vice President, Europe Asia Pacific and Africa. “PRA has continued to invest in the best talent and infrastructure globally and this includes Asia Pacific. I am extremely pleased that the team has been recognized and excited to continue building and investing to support clients and patients in the region.”
WILLIAMS SCOTSMAN CONFIRMS SELECTED 2017 OPERATIONAL RESULTS AND PROVIDES 2018 EARNINGS GUIDANCE
Conference Call Rescheduled To March 16th
BALTIMORE, March 6 (Bernama-GLOBE NEWSWIRE) -- WillScot Corporation (NASDAQ:WSC) (“Williams Scotsman”) today confirmed selected 2017 operational results and provided its 2018 earnings guidance. Brad Soultz, President and Chief Executive Officer of Williams Scotsman commented, “2017 was a transformational year for Williams Scotsman, having completely recapitalized the Company, secured the capital resources required to accelerate our growth, and completed the acquisition of Acton Mobile. In addition to executing these strategic initiatives, I am delighted to report that performance of our core Modular – US and Modular – Other North America segments met our high expectations, delivering Adjusted EBITDA in line with our prior guidance of $122 million for the year, and with year-over-year growth in the fourth quarter accelerating from third quarter levels. The momentum is driven by the continued adoption of ‘Ready to Work’ solutions by our customers and the scalability of our operating platform to grow units on rent across both of our modular operations. Consolidated total revenues of $120.4 million in the fourth quarter were up 16.8% versus the fourth quarter of 2016, driven by our U.S. leasing operations. In our Modular - US segment, modular space units on rent were up 6.0% and average monthly rate was up 10.2% in the fourth quarter year-over-year, evidencing the success our value proposition and growth initiatives have in the market.” Soultz continued, “We are accelerating robust organic growth with the acquisitions of Acton Mobile and Tyson Onsite. These strategic assets build seamlessly upon our existing platform, further differentiate Williams Scotsman with our customers, and expand our distribution of value added products and services. Looking ahead, our end markets are strong, we remain excited about the momentum in our U.S. business, and look to build upon this momentum in 2018.” http://mrem.bernama.com/viewsm.php?idm=31361 |
INNOVMETRIC AND SOUTH AFRICAN BUSINESS PARTNER LAUNCH POLYWORKS SOUTHAFRICA
QUEBEC CITY, March 7 (Bernama-GLOBE NEWSWIRE) -- InnovMetric Software Inc., the leading provider of universal 3D metrology software solutions, and its South African business partner, Mr. George Sansoni, today announced the launch of PolyWorks SouthAfrica, a joint venture created to expand the sales of the PolyWorks® universal 3D metrology software platform in South Africa.
Producing components and over half a million assembled vehicles of all types annually for the local and international markets, South Africa hosts a significant automotive industry with direct ties to major multinational OEMs such as BMW, Ford, Volkswagen, Daimler, and Toyota. As these companies have built strong business links between their South African operations and other international stakeholders, the conditions are ideal to grow the PolyWorks market share locally and globally.
Producing components and over half a million assembled vehicles of all types annually for the local and international markets, South Africa hosts a significant automotive industry with direct ties to major multinational OEMs such as BMW, Ford, Volkswagen, Daimler, and Toyota. As these companies have built strong business links between their South African operations and other international stakeholders, the conditions are ideal to grow the PolyWorks market share locally and globally.
SOLARWINDS DEMOCRATIZES NETWORK PATH ANALYSIS WITH RELEASE OF TRACEROUTE NG FREE TOOL
New tool gives everyone quick access to accurate network-path data across hybrid environments
AUSTIN, Texas, March 7 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today unveiled SolarWinds® Traceroute NG, a free network diagnostic tool that effectively maps hop-by-hop performance across modern, hybrid networks and through firewalls. The new free tool enables IT professionals and network administrators to monitor performance and pinpoint bottlenecks rapidly across networks connecting critical services and applications, whether these resources are running on-premises or in the cloud.
After its introduction 30 years ago, Traceroute quickly became an indispensable diagnostic tool for troubleshooting networks. Over time, however, it has not adequately evolved to keep pace with modern networks and hybrid IT environments, limiting its usefulness. As a result, users lacked an easy tool for ad hoc network troubleshooting short of investing in a full monitoring solution.
AUSTIN, Texas, March 7 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today unveiled SolarWinds® Traceroute NG, a free network diagnostic tool that effectively maps hop-by-hop performance across modern, hybrid networks and through firewalls. The new free tool enables IT professionals and network administrators to monitor performance and pinpoint bottlenecks rapidly across networks connecting critical services and applications, whether these resources are running on-premises or in the cloud.
After its introduction 30 years ago, Traceroute quickly became an indispensable diagnostic tool for troubleshooting networks. Over time, however, it has not adequately evolved to keep pace with modern networks and hybrid IT environments, limiting its usefulness. As a result, users lacked an easy tool for ad hoc network troubleshooting short of investing in a full monitoring solution.
Tuesday, March 6, 2018
GRATOMIC POSTS UPDATED CORPORATE PRESENTATION TO WEBSITE
TORONTO, March 6 (Bernama-GLOBE NEWSWIRE) -- Gratomic Inc. (“GRAT” or the “Company”) (TSX-V:GRAT) (FRANKFURT:CB81) (WKN:A2JAP3) is pleased to announce that it has posted a new investor presentation on its website outlining the use of Aukam graphite to produce graphenes. To view the presentation visit our website at www.gratomic.ca
ARBITRADE ANNOUNCES THE COMMENCEMENT OF ITS MINING INFRASTRUCTURE AGREEMENT WITH COIN MINER LLC
Will provide 65,000 new units over the next 24 months
NEW YORK, March 6 (Bernama-GLOBE NEWSWIRE) -- Arbitrade Exchange Inc., a cryptocurrency merchant exchange and point of sale system, has announced the company has taken a major step forward in commencing its mining infrastructure. Arbitrade said it has engaged Coin Miner LLC to source and provide 65,000 new and used mining units over the next 24 months. Their proprietary G Series mining units that are configured with Nvidia and AMD chips achieving 275MH at 1,200 watts each, will amount to 50% of the units Arbitrade have agreed through this contract. The additional ASIC miners that Coin Miner sources will help cover a wide range of different Algorithms a source from a variety of manufacturers.
Coin Miner brings over five years' experience in industrial sized mining operations, infrastructure and design. The company has offices in Cleveland Ohio, New York City, Miami and Shenzhen China and its global presence enables it to source equipment from manufacturers and suppliers with great facility. Arbitrade's management were able to report they were able to fulfill its requirement with a speed and efficiency unmatched by any of the other companies they had contacted and said that Coin Miner has commenced sourcing the 65,000 units to fulfill the large contract Arbitrade is seeking to be completed in the next 24 months.
NEW YORK, March 6 (Bernama-GLOBE NEWSWIRE) -- Arbitrade Exchange Inc., a cryptocurrency merchant exchange and point of sale system, has announced the company has taken a major step forward in commencing its mining infrastructure. Arbitrade said it has engaged Coin Miner LLC to source and provide 65,000 new and used mining units over the next 24 months. Their proprietary G Series mining units that are configured with Nvidia and AMD chips achieving 275MH at 1,200 watts each, will amount to 50% of the units Arbitrade have agreed through this contract. The additional ASIC miners that Coin Miner sources will help cover a wide range of different Algorithms a source from a variety of manufacturers.
Coin Miner brings over five years' experience in industrial sized mining operations, infrastructure and design. The company has offices in Cleveland Ohio, New York City, Miami and Shenzhen China and its global presence enables it to source equipment from manufacturers and suppliers with great facility. Arbitrade's management were able to report they were able to fulfill its requirement with a speed and efficiency unmatched by any of the other companies they had contacted and said that Coin Miner has commenced sourcing the 65,000 units to fulfill the large contract Arbitrade is seeking to be completed in the next 24 months.
ASCOM ANNOUNCES VISIONARY PLATFORM FOR DATA-DRIVEN ERA OF HEALTHCARE
The Ascom Healthcare Platform bridges information gaps to optimize digital workflows and meet the demands of clinical care
BAAR, Switzerland, March 6 (Bernama-GLOBE NEWSWIRE) --
Ascom (SWX:ASCN.SW), a global solutions provider focused on healthcare ICT and mobile workflows, announces today in Las Vegas at HIMSS, Booth #4212, a new approach to delivering optimized digital clinical information flows with the Ascom Healthcare Platform. Delivering integrated and orchestrated clinical workflow solutions, the Ascom Healthcare Platform closes digital information gaps between devices, hospital systems and clinical care teams to extend the reach of critical information across points of care and enable informed, timely clinical decisions.
In today’s clinical environments data is everywhere, but timely access to contextually relevant, digital information is still a challenge. Take an ICU patient, for example. In a single day, one ICU patient can generate up to 2,000 data points [1]. But data is just the starting point, clinicians need actionable insight for responsive patient care.
BAAR, Switzerland, March 6 (Bernama-GLOBE NEWSWIRE) --
Ascom (SWX:ASCN.SW), a global solutions provider focused on healthcare ICT and mobile workflows, announces today in Las Vegas at HIMSS, Booth #4212, a new approach to delivering optimized digital clinical information flows with the Ascom Healthcare Platform. Delivering integrated and orchestrated clinical workflow solutions, the Ascom Healthcare Platform closes digital information gaps between devices, hospital systems and clinical care teams to extend the reach of critical information across points of care and enable informed, timely clinical decisions.
In today’s clinical environments data is everywhere, but timely access to contextually relevant, digital information is still a challenge. Take an ICU patient, for example. In a single day, one ICU patient can generate up to 2,000 data points [1]. But data is just the starting point, clinicians need actionable insight for responsive patient care.
MOHAMMED A. MARKATIA TO JOIN ARBITRADE BOARD OF DIRECTORS
A Pioneer in indirect channel distribution and Point of Sales Technology whose innovative strategies allow international service providers to reach millions of customers globally
NEW YORK, March 5 (Bernama-GLOBE NEWSWIRE) -- Arbitrade, a leading Coin / Crypto Currency exchange, has announced the appointment of Mohammed A. Markatia to its Board of Directors.
Mr. Markatia, as CEO of 24Seven Technologies, joins Arbitrade with over 30 years experience in retail, distribution and information technology and a proven track record of conceiving, developing and implementing customized Point of sale systems for ISOs, indirect retail channels, corporate c-stores, telecom providers, mobile operators and money remittance companies. His innovative strategies and comprehensive solutions allowed international service providers to reach millions of unbanked customers globally.
NEW YORK, March 5 (Bernama-GLOBE NEWSWIRE) -- Arbitrade, a leading Coin / Crypto Currency exchange, has announced the appointment of Mohammed A. Markatia to its Board of Directors.
Mr. Markatia, as CEO of 24Seven Technologies, joins Arbitrade with over 30 years experience in retail, distribution and information technology and a proven track record of conceiving, developing and implementing customized Point of sale systems for ISOs, indirect retail channels, corporate c-stores, telecom providers, mobile operators and money remittance companies. His innovative strategies and comprehensive solutions allowed international service providers to reach millions of unbanked customers globally.
MARCUS HILES - DFW BUSINESS EXPANSION DRIVING GROWTH ACROSS TEXAS
The Impacts of Recent Economic Booms and How the City is Adopting Change
DALLAS, March 5 (Bernama-GLOBE NEWSWIRE) -- Dallas made headline after headline in 2017 as one of the most growth oriented metropolitan areas in the nation. “Although the city has always been known for its sprawling commercial landscape and diverse business community; the level of growth experienced by the state as a whole last year further positioned it as a top place to live and invest in 2018,” states Marcus Hiles, a Dallas based property developer and successful entrepreneur.
As research recently published goes on to highlight; Texas rounded out last year leading growth in population, construction, business expansion and relocation across the US.
DALLAS, March 5 (Bernama-GLOBE NEWSWIRE) -- Dallas made headline after headline in 2017 as one of the most growth oriented metropolitan areas in the nation. “Although the city has always been known for its sprawling commercial landscape and diverse business community; the level of growth experienced by the state as a whole last year further positioned it as a top place to live and invest in 2018,” states Marcus Hiles, a Dallas based property developer and successful entrepreneur.
As research recently published goes on to highlight; Texas rounded out last year leading growth in population, construction, business expansion and relocation across the US.
Monday, March 5, 2018
A.M. BEST AFFIRMS CREDIT RATINGS OF BNZ LIFE INSURANCE LIMITED
SINGAPORE, March 5 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of BNZ Life Insurance Limited (BNZ Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect BNZ Life’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
http://mrem.bernama.com/viewsm.php?idm=31342
The ratings reflect BNZ Life’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
http://mrem.bernama.com/viewsm.php?idm=31342
TMC SELECTS ARYAKA FOR ITS 2018 SD-WAN LEADERSHIP AWARD
SD-WAN market leader honored for its ground-breaking technology, continuous innovation, and significant growth in the SD-WAN space
SAN MATEO, Calif., March 2 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, today announced that TMC has selected Aryaka for the 2018 SD-WAN Leadership Award, recognizing the company for its industry-leading SD-WAN technology. Aryaka’s global SD-WAN solution was honored for its technology leadership, market-driven innovation, growth, and outstanding business execution.
“Aryaka’s year-over-year momentum in the SD-WAN space continues to impress, with many vendors, resellers, and service providers fighting for their share of the market,” said Rich Tehrani, CEO of TMC. “Aryaka’s global SD-WAN solution delivers top performance for both on-premises and cloud-based SaaS applications anywhere in the world. In the past year, the Aryaka team has demonstrated extraordinary industry leadership, growth and customer success, which is why we selected the company for this year’s 2018 SD-WAN Leadership Award.”
SAN MATEO, Calif., March 2 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, today announced that TMC has selected Aryaka for the 2018 SD-WAN Leadership Award, recognizing the company for its industry-leading SD-WAN technology. Aryaka’s global SD-WAN solution was honored for its technology leadership, market-driven innovation, growth, and outstanding business execution.
“Aryaka’s year-over-year momentum in the SD-WAN space continues to impress, with many vendors, resellers, and service providers fighting for their share of the market,” said Rich Tehrani, CEO of TMC. “Aryaka’s global SD-WAN solution delivers top performance for both on-premises and cloud-based SaaS applications anywhere in the world. In the past year, the Aryaka team has demonstrated extraordinary industry leadership, growth and customer success, which is why we selected the company for this year’s 2018 SD-WAN Leadership Award.”
Sunday, March 4, 2018
AXIOM FOODS AWARDED FIRST 'METHOD OF USE' PATENT FOR ORYZATEIN® RICE PROTEIN
Licensing Opportunities Offered to Manufacturers To Use Clinically Studied Claims
LOS ANGELES, March 2 (Bernama-GLOBE NEWSWIRE) -- Axiom Foods, Inc. (“Axiom”) has been awarded its first application patent for any rice protein ever, U.S. Patent No. 9,820,504 for its Oryzatein® rice protein; Axiom Foods is one of the largest makers of rice and pea protein ingredients. Allowed as of November 11, 2017, the “method of use” protection grants exclusive right to Axiom to use the clinically-shown product claims for multiple versions of Axiom’s Oryzatein® organic brown rice protein, specifically: increased muscle mass, increased strength, increased power output, a decrease in fat to muscle ratio, increased VO2 max, and increased endurance. This is the first of multiple patents pending for Axiom’s Oryzatein® rice protein, with clinical studies to support them. Any rice protein manufacturers and finished product manufacturers using other rice proteins in conjunction with any of the above muscle and endurance-related claims in sports formulations, will be in violation of the patent and Axiom will enforce infringement to the maximum extent of the law.
The now protected Axiom’s Oryzatein® product claims are based on clinical trials which showed that Oryzatein® brown rice protein now equals animal-based whey protein in muscle building, maintenance and recovery. Other clinical trials using Oryzatein® have shown that the muscle-building amino acid, leucine, absorbs faster than other rice proteins and whey proteins. The trials were published in the Nutrition Journal in 2013, the Journal of Nutrition & Health Sciences in 2014 and the International Journal of the Society of Sports Nutrition in 2017.
LOS ANGELES, March 2 (Bernama-GLOBE NEWSWIRE) -- Axiom Foods, Inc. (“Axiom”) has been awarded its first application patent for any rice protein ever, U.S. Patent No. 9,820,504 for its Oryzatein® rice protein; Axiom Foods is one of the largest makers of rice and pea protein ingredients. Allowed as of November 11, 2017, the “method of use” protection grants exclusive right to Axiom to use the clinically-shown product claims for multiple versions of Axiom’s Oryzatein® organic brown rice protein, specifically: increased muscle mass, increased strength, increased power output, a decrease in fat to muscle ratio, increased VO2 max, and increased endurance. This is the first of multiple patents pending for Axiom’s Oryzatein® rice protein, with clinical studies to support them. Any rice protein manufacturers and finished product manufacturers using other rice proteins in conjunction with any of the above muscle and endurance-related claims in sports formulations, will be in violation of the patent and Axiom will enforce infringement to the maximum extent of the law.
The now protected Axiom’s Oryzatein® product claims are based on clinical trials which showed that Oryzatein® brown rice protein now equals animal-based whey protein in muscle building, maintenance and recovery. Other clinical trials using Oryzatein® have shown that the muscle-building amino acid, leucine, absorbs faster than other rice proteins and whey proteins. The trials were published in the Nutrition Journal in 2013, the Journal of Nutrition & Health Sciences in 2014 and the International Journal of the Society of Sports Nutrition in 2017.
LONSIN Capital, Affiliates Keen To Acquire Majority Of APWC
KUALA LUMPUR, March 2 (Bernama) -- LONSIN Capital Ltd, with its affiliates, representing over five per cent of the shares outstanding of Asia Pacific Wire and Cable (APWC), are interested to acquire a majority of APWC US at US$4.00 per share.
It had written to the board of directors (BOD) of the company and to the BOD of the main shareholder, Pacific Electric Wire and Cable Co (PEWC), on Feb 23, 2018, on its intention.
LONSIN believes that the acquisition of the majority stake would bring ‘fresh impetus´ to APWC´s assets and swiftly deliver enhanced value for all shareholders.
Previously, LONSIN had expressed concern to the management on the failure of the company to take sufficient action to enhance shareholder value and to include an additional independent director on the company's BOD over time.
In May 2016, it had also written a requisitioned, open letter to the BOD of APWC, asking the board to consider a range of measures that could help deliver enhanced shareholder value without much cost to the company.
However, almost two years later, the share price is still at a massive discount to book value, to cash per share and to the market value of the majority stake in listed subsidiary, Charoong Thai Wire (CTW), Thailand.
The Board of PEWC´s US legal counsel, Michael Hagan responded on Feb 27, 2018, stating that the LONSIN letter had been circulated to the board for their consideration.
"The response goes on to state that a substantive response to the LONSIN offer will be issued in due course but it is unlikely to be before March 8, 2018 owing to existing commitments of the directors," he said.
-- BERNAMA
It had written to the board of directors (BOD) of the company and to the BOD of the main shareholder, Pacific Electric Wire and Cable Co (PEWC), on Feb 23, 2018, on its intention.
LONSIN believes that the acquisition of the majority stake would bring ‘fresh impetus´ to APWC´s assets and swiftly deliver enhanced value for all shareholders.
Previously, LONSIN had expressed concern to the management on the failure of the company to take sufficient action to enhance shareholder value and to include an additional independent director on the company's BOD over time.
In May 2016, it had also written a requisitioned, open letter to the BOD of APWC, asking the board to consider a range of measures that could help deliver enhanced shareholder value without much cost to the company.
However, almost two years later, the share price is still at a massive discount to book value, to cash per share and to the market value of the majority stake in listed subsidiary, Charoong Thai Wire (CTW), Thailand.
The Board of PEWC´s US legal counsel, Michael Hagan responded on Feb 27, 2018, stating that the LONSIN letter had been circulated to the board for their consideration.
"The response goes on to state that a substantive response to the LONSIN offer will be issued in due course but it is unlikely to be before March 8, 2018 owing to existing commitments of the directors," he said.
-- BERNAMA
Friday, March 2, 2018
Frank Palumbo Joins SevOne's Board Of Directors
KUALA LUMPUR, March 1 (Bernama) -- SevOne Inc, a provider of network and infrastructure management solutions, has announced that Frank Palumbo, senior vice-president of Worldwide Data Center and Collaboration Sales at Cisco, has joined SevOne as a member of the company's board of directors.
SevOne, in a statement said that Palumbo's deep and strategic industry knowledge would help to propel the company's continued growth in the next-gen network and infrastructure management market.
At Cisco, Palumbo leads two of its strategic architectural sales teams and is responsible for US$15 billion in annual sales for the company.
Since joining Cisco more than 20 years ago, he has helped to pioneer and expand Cisco into new, adjacent markets, building the foundation for Cisco's global data center architecture sales with data center switching and compute technologies.
"Leveraging Palumbo's thorough understanding of the latest market trends and technologies in this area will be a huge advantage to SevOne as we continue to lead market innovation," said SevOne´s executive chairman, Kevin DeNuccio.
"Palumbo is a true visionary in this space and the timing of him joining SevOne's board of directors could not be better," he added.
-- BERNAMA
SevOne, in a statement said that Palumbo's deep and strategic industry knowledge would help to propel the company's continued growth in the next-gen network and infrastructure management market.
At Cisco, Palumbo leads two of its strategic architectural sales teams and is responsible for US$15 billion in annual sales for the company.
Since joining Cisco more than 20 years ago, he has helped to pioneer and expand Cisco into new, adjacent markets, building the foundation for Cisco's global data center architecture sales with data center switching and compute technologies.
"Leveraging Palumbo's thorough understanding of the latest market trends and technologies in this area will be a huge advantage to SevOne as we continue to lead market innovation," said SevOne´s executive chairman, Kevin DeNuccio.
"Palumbo is a true visionary in this space and the timing of him joining SevOne's board of directors could not be better," he added.
-- BERNAMA
STATEMENT FROM HERBALIFE CEO RICH GOUDIS
LOS ANGELES, March 1 (Bernama-BUSINESS WIRE) -- Herbalife Ltd. (NYSE: HLF) released the following statement today: "The performance and resiliency of our Company is rooted in our purpose to make the world healthier and happier. For those who aren't familiar with us, or may misunderstand us, don't be afraid to get to know us," said Herbalife CEO Rich Goudis.
DU COLLABORATES WITH CISCO ON IP CORE NETWORK MODERNIZATION AND EXPANSION
New agile network is foundational for du’s rapid transformation into a digital ICT service provider; Supports plans for next-generation applications and services for the 5G era
BARCELONA, Spain, March 1 (Bernama-GLOBE NEWSWIRE) -- Mobile World Congress — UAE-based telco ‘du,’ from Emirates Integrated Telecommunications Company (EITC), and Cisco announced a collaboration to build a future-proof network that is designed to support du’s rapid transformation into a digital service provider. The announcement was made to coincide with Mobile World Congress 2018, being held 26 February to 1 March this year.
Demand for more bandwidth is rising exponentially as consumers and businesses embrace new digital applications, services and technologies. In order to meet this demand, du is replacing its existing IP core network with a scalable and 5G-ready infrastructure that will reduce network complexity and enable it to become a more agile and flexible market player.
BARCELONA, Spain, March 1 (Bernama-GLOBE NEWSWIRE) -- Mobile World Congress — UAE-based telco ‘du,’ from Emirates Integrated Telecommunications Company (EITC), and Cisco announced a collaboration to build a future-proof network that is designed to support du’s rapid transformation into a digital service provider. The announcement was made to coincide with Mobile World Congress 2018, being held 26 February to 1 March this year.
Demand for more bandwidth is rising exponentially as consumers and businesses embrace new digital applications, services and technologies. In order to meet this demand, du is replacing its existing IP core network with a scalable and 5G-ready infrastructure that will reduce network complexity and enable it to become a more agile and flexible market player.
Thursday, March 1, 2018
A.M. BEST AFFIRMS CREDIT RATINGS OF GENERAL INSURANCE CORPORATION OF INDIA
SINGAPORE, March 1 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" of General Insurance Corporation of India (GIC Re) (India). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect GIC Re's balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.
The ratings reflect GIC Re's balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.
SKYBOX SECURITY APPOINTS GERRY SILLARS TO LEAD ASIA PACIFIC REGION
SAN JOSE, Calif., March 1 (Bernama-GLOBE NEWSWIRE) -- Skybox™ Security, a global leader in cybersecurity management, today announced that Gerry Sillars has joined the company as Vice President of Asia Pacific. In his role, Sillars will be the cornerstone of the company's APAC operations, focusing on the continued expansion of Skybox's footprint in the entire region, as well as evolving the company's channel business. Skybox experienced 433 percent year-over-year growth in APAC for 2017 - including 350 percent growth in India. Sillars will increase hiring in APAC to further support the needs of customers and build on the company’s foundation of business. He will also focus on expanding regional distribution through resellers, system integrators and managed security service providers.
"Gerry is exactly the right person to help us manage and continue our growth in APAC,” said Stewart Fox, EVP of worldwide sales for Skybox. “His extensive background and network will help take our service provider and systems integrator businesses to the next level, both of which are pivotal to Skybox’s go-to-market strategy.”
"Gerry is exactly the right person to help us manage and continue our growth in APAC,” said Stewart Fox, EVP of worldwide sales for Skybox. “His extensive background and network will help take our service provider and systems integrator businesses to the next level, both of which are pivotal to Skybox’s go-to-market strategy.”
OMNICOMM SYSTEMS RECORDS SIGNIFICANT GROWTH IN CHINA
Signs 11th TrialOne® Contract in China in 14 Months
FORT LAUDERDALE, Fla., March 1 (Bernama-GLOBE NEWSWIRE) -- OmniComm Systems, Inc. (OTCQX:OMCM), a leading provider of patient-centric, clinical data management technology, signed four additional contracts in December 2017, to provide OmniComm's proprietary TrialOne clinic automation solution to several major hospitals and contract research organizations (CROs) in China.
OmniComm now has a total of 11 TrialOne clients in China, which were all signed since December 2016, when TrialOne made its debut in that market. The deals were sparked by a strategic partnership with Tri-I Biotech (Shanghai) Inc., a market-leading China-based solutions provider to the life sciences sector.
FORT LAUDERDALE, Fla., March 1 (Bernama-GLOBE NEWSWIRE) -- OmniComm Systems, Inc. (OTCQX:OMCM), a leading provider of patient-centric, clinical data management technology, signed four additional contracts in December 2017, to provide OmniComm's proprietary TrialOne clinic automation solution to several major hospitals and contract research organizations (CROs) in China.
OmniComm now has a total of 11 TrialOne clients in China, which were all signed since December 2016, when TrialOne made its debut in that market. The deals were sparked by a strategic partnership with Tri-I Biotech (Shanghai) Inc., a market-leading China-based solutions provider to the life sciences sector.
G. H. Financials Appoints New CEO And Non-Executive Chairman
KUALA LUMPUR, Feb 27 (Bernama) -- Independent clearing firm for exchange-traded derivatives, G.H. Financials has announced the promotion of Mark Phelps to group Chief Executive Officer (CEO), effective this April 2.
With the new appointment, Phelps will be relocating to the group's head office in London.
The promotion has also resulted in the appointment of Mark Ibbotson as Non-Executive Chairman of G. H. Financials, succeeding Duncan Paterson who has served as a non-executive director of the group since 2012.
"We are delighted to promote Mark Phelps to the position of group CEO. Mark's skill, dedication and enthusiasm have been key ingredients to the firm's successful expansion in recent years, which makes him an excellent and natural choice to lead the group to the next level.
As an experienced and respected figure in the derivatives industry, Mark will bring a new dimension and energy to the firm for the next phase of its expansion, while it is an honour for me to step up to become chairman," said Ibbotson in a statement.
Meanwhile, Phelps said he would be inheriting a talented team of professionals across the company's offices in London, Hong Kong and Chicago and combined with the guidance from Ibbotson, they were perfectly placed to continue the business expansion and to bring innovative clearing and market access solutions to their global client base.
-- BERNAMA
With the new appointment, Phelps will be relocating to the group's head office in London.
The promotion has also resulted in the appointment of Mark Ibbotson as Non-Executive Chairman of G. H. Financials, succeeding Duncan Paterson who has served as a non-executive director of the group since 2012.
"We are delighted to promote Mark Phelps to the position of group CEO. Mark's skill, dedication and enthusiasm have been key ingredients to the firm's successful expansion in recent years, which makes him an excellent and natural choice to lead the group to the next level.
As an experienced and respected figure in the derivatives industry, Mark will bring a new dimension and energy to the firm for the next phase of its expansion, while it is an honour for me to step up to become chairman," said Ibbotson in a statement.
Meanwhile, Phelps said he would be inheriting a talented team of professionals across the company's offices in London, Hong Kong and Chicago and combined with the guidance from Ibbotson, they were perfectly placed to continue the business expansion and to bring innovative clearing and market access solutions to their global client base.
-- BERNAMA
Telenor , Cisco Team Up To Enhance End Customer Experiences
KUALA LUMPUR, Feb 28 (Bernama) -- Telenor Group has signed a joint purpose agreement (JPA) with Cisco Systems Inc. to collaborate on enhancing end customer experiences with data analysis, IoT, and Smart City and security solutions.
The collaboration aims to accelerate Telenor's continued transformation and digitisation drive, and to support the joint pivotal role that both companies play in enabling superior experiences for Telenor customers.
Under the terms of the JPA, Cisco will work closely with Telenor on its roadmap to accelerate digital transformation, drive new revenue streams, increase operational excellence and enable the most secure customer experiences.
"We are excited about taking our collaboration with Cisco to the next level, setting up a joint lab environment to explore Smart City solutions with one of Norway's largest municipalities, exploring different approaches to connect our customers to what matters most in all stages of their daily lives," said Telenor chief technology officer, Ruza Sabanovic, in a statement.
The company's leadership with Smart City in Norway will leverage its existing city WiFi, WAN and mobile connectivity to explore a next-generation model that protects, connects and empowers societies.
Telenor will utilise Cisco's data platform, Cisco Kinetic, to extract, compute and move data from connected things to various applications to explore potential business benefits.
Meanwhile, Cisco's senior vice-president, Global Service Provider, Peter Karlstromer said by applying data analysis across selected app platform with Cisco's AppDynamics, Telenor would have an opportunity to explore real-time view of apps' performance to deliver better customer experiences.
-- BERNAMA
The collaboration aims to accelerate Telenor's continued transformation and digitisation drive, and to support the joint pivotal role that both companies play in enabling superior experiences for Telenor customers.
Under the terms of the JPA, Cisco will work closely with Telenor on its roadmap to accelerate digital transformation, drive new revenue streams, increase operational excellence and enable the most secure customer experiences.
"We are excited about taking our collaboration with Cisco to the next level, setting up a joint lab environment to explore Smart City solutions with one of Norway's largest municipalities, exploring different approaches to connect our customers to what matters most in all stages of their daily lives," said Telenor chief technology officer, Ruza Sabanovic, in a statement.
The company's leadership with Smart City in Norway will leverage its existing city WiFi, WAN and mobile connectivity to explore a next-generation model that protects, connects and empowers societies.
Telenor will utilise Cisco's data platform, Cisco Kinetic, to extract, compute and move data from connected things to various applications to explore potential business benefits.
Meanwhile, Cisco's senior vice-president, Global Service Provider, Peter Karlstromer said by applying data analysis across selected app platform with Cisco's AppDynamics, Telenor would have an opportunity to explore real-time view of apps' performance to deliver better customer experiences.
-- BERNAMA
UPDATE - FORMER PEPSICO SENIOR EXECUTIVE NAMED CEO OF ARBITRADE
NEW YORK, Feb 27 (Bernama-GLOBE NEWSWIRE) -- The Board of ARBITRADE is pleased to announce that the role of the Chairman of the Board of Directors, Leonard Schutzman, has been expanded to Chief Executive Officer.
Mr. Schutzman had a distinguished thirty-year career at PepsiCo, Inc., serving in a variety of leadership positions including Treasurer of PepsiCo Corporate, and Chief Financial Officer of Pepsi Cola International, Frito-Lay and Taco Bell.
Mr. Schutzman had a distinguished thirty-year career at PepsiCo, Inc., serving in a variety of leadership positions including Treasurer of PepsiCo Corporate, and Chief Financial Officer of Pepsi Cola International, Frito-Lay and Taco Bell.
Toshiba Unveils New Compact 2TB Hard Disk Drive
KUALA LUMPUR, Feb 27 (Bernama) -- Toshiba Electronic Devices and Storage Corporation (Toshiba) has unveiled its new MQ04 Series 2TB (terabyte) hard disk drive (HDD) model MQ04ABD200.
Toshiba, in a statement, said this HDD was designed for use in notebook personal computers, all-in-one and slim-line desktop systems and other applications requiring high-capacity storage and 2.5-inch mobile-class durability.
The drive's 6Gbit/s SATA interface and 5,400rpm performance, combined with a large 128MiB buffer, result in a 34 per cent increase in maximum transfer rates and a 50 per cent improvement in power efficiency compared to the previous 1TB mobile-class model MQ01ABD100.
"Achieving 2TB capacity in the industry-standard 2.5-inch form-factor is a big advance in both value and performance, and helps improve watt per GB to contribute to better battery life in portable PCs," said its general manager of storage products division, Shuji Takaoka.
The MQ04 2TB model shipment started today.
-- BERNAMA
Toshiba, in a statement, said this HDD was designed for use in notebook personal computers, all-in-one and slim-line desktop systems and other applications requiring high-capacity storage and 2.5-inch mobile-class durability.
The drive's 6Gbit/s SATA interface and 5,400rpm performance, combined with a large 128MiB buffer, result in a 34 per cent increase in maximum transfer rates and a 50 per cent improvement in power efficiency compared to the previous 1TB mobile-class model MQ01ABD100.
"Achieving 2TB capacity in the industry-standard 2.5-inch form-factor is a big advance in both value and performance, and helps improve watt per GB to contribute to better battery life in portable PCs," said its general manager of storage products division, Shuji Takaoka.
The MQ04 2TB model shipment started today.
-- BERNAMA
UPDATE -- ARBITRADE AND CRYPTOBONIX ENGAGE GLOBAL LAW FIRM HFW
Helping to structure a first of a kind agreement backing the firm's tokens with gold
NEW YORK, Feb 28 (Bernama-GLOBE NEWSWIRE) -- The Boards of Arbitrade and Cryptobonix are pleased to announce they have retained HFW, a global law firm specializing in all areas of international trade and commodities. The firm will help structure and negotiate an agreement enabling the companies to back Cryptobonix tokens with gold and other precious metals.
In making the announcement, Cryptobonix Chairman, Leonard Schutzman, said, "Creating a cryptocurrency backed by precious metals is a cornerstone of our global marketing strategy. We are fortunate to have been able to engage this world class firm, so adept at dealing with international commodity law, to work with us in bringing this key objective closer to completion."
NEW YORK, Feb 28 (Bernama-GLOBE NEWSWIRE) -- The Boards of Arbitrade and Cryptobonix are pleased to announce they have retained HFW, a global law firm specializing in all areas of international trade and commodities. The firm will help structure and negotiate an agreement enabling the companies to back Cryptobonix tokens with gold and other precious metals.
In making the announcement, Cryptobonix Chairman, Leonard Schutzman, said, "Creating a cryptocurrency backed by precious metals is a cornerstone of our global marketing strategy. We are fortunate to have been able to engage this world class firm, so adept at dealing with international commodity law, to work with us in bringing this key objective closer to completion."
Mitsubishi Chemical In Strategic Partnerships For Marketing Zeolite Membranes
KUALA LUMPUR, March 1 (Bernama) -- Mitsubishi Chemical Corporation (MCC) has announced strategic partnerships for marketing its zeolite membranes, ZEBREX (TM), for bioethanol production.
The strategic partnerships consist of ICM Inc. (ICM) for North America and Mitsui & Co. Ltd. (Mitsui) for Asia-Pacific and Europe, which will accelerate MCC's business development in the bioethanol market further on a global scale.
MCC, in a statement said as known for engineering expertise in the fuel ethanol market, ICM's technology is used in more than half of ethanol plants in the United States, where the largest bioethanol production is taking place.
The combination of MCC's ZEBREX (TM) dehydration technology and ICM's process integration ability will speed the penetration of the zeolite membranes into the North American market.
Meanwhile, MCC will promote ZEBREX (TM) with Mitsui to bioethanol producers who can take advantage of the technology.
As a result of the partnership, one of the largest bioethanol producers in Europe, Pannonia Ethanol Zrt based in Hungary, has committed to install the world's largest ZEBREX (TM) system.
With the United States and Brazil leading the global market, the use of bioethanol derived from biomass feedstocks such as corn, sugarcane and cassava has been wide-spreading due to its carbon neutrality and potential to reduce greenhouse gas emission.
-- BERNAMA
The strategic partnerships consist of ICM Inc. (ICM) for North America and Mitsui & Co. Ltd. (Mitsui) for Asia-Pacific and Europe, which will accelerate MCC's business development in the bioethanol market further on a global scale.
MCC, in a statement said as known for engineering expertise in the fuel ethanol market, ICM's technology is used in more than half of ethanol plants in the United States, where the largest bioethanol production is taking place.
The combination of MCC's ZEBREX (TM) dehydration technology and ICM's process integration ability will speed the penetration of the zeolite membranes into the North American market.
Meanwhile, MCC will promote ZEBREX (TM) with Mitsui to bioethanol producers who can take advantage of the technology.
As a result of the partnership, one of the largest bioethanol producers in Europe, Pannonia Ethanol Zrt based in Hungary, has committed to install the world's largest ZEBREX (TM) system.
With the United States and Brazil leading the global market, the use of bioethanol derived from biomass feedstocks such as corn, sugarcane and cassava has been wide-spreading due to its carbon neutrality and potential to reduce greenhouse gas emission.
-- BERNAMA
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