KUALA LUMPUR, Aug 29 (Bernama) -- RF IDeas Inc has appointed Menya Nsanzumuco as International Pre-Sales Engineer, effective immediately.
RF IDeas is a leading innovator and manufacturer of employee badge and credential readers for in-building applications such as computer access, identification and secure print.
The company in a statement said Menya Nsanzumuco will be based in London to provide pre-sales technical and business support to new and existing customers, partners, distributors and systems integrators throughout the Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) regions.
“Menya’s rich technical background paired with his innate ability to relate to customers makes him a strong choice for this role,” said Senior Vice President – Global Sales and Marketing, Tod Besse.
“As RF IDeas looks to strengthen our investment in the Europe and international markets, Menya’s role will be crucial in ensuring the satisfaction of our global clientele,” Besse added.
Menya has more than ten years experience in remote, field, installation and software technical sales. He worked for several Fortune 100 companies including Xerox Scanners, General Electric and most recently Philips Health Systems UK and Ireland.
He has a Master’s Degree in Electronics Engineering with Satellite Engineering from the University of Surrey and is fluent in English and French.
More details on https://www.rfideas.com
--BERNAMA
Wednesday, August 29, 2018
Tuesday, August 28, 2018
COSCOI LAUNCHES SMART EDUTAINMENT APPS USING ITS INTELLECTUAL PROPERTY 'GO EAST'
Go East! Coloring and Go East! Xylophone, educational apps for kids
SEOUL, South Korea, Aug 27 (Bernama-BUSINESS WIRE) -- COSCOI, an animation character development and digital contents company in Korea, announced that it has released two smart edutainment apps using ‘Go East,’ its typical intellectual property in animation.
‘Go East! Coloring’ and ‘Go East! Xylophone,’ educational apps for kids developed as part of ‘COSCOI Friends’ series, are launched on Google Play.
Go East! Coloring is a learning app that will let kids color cute characters of Go East, COSCOI’s intellectual property in animation, which is based on ‘Journey to the West,’ a Chinese novel. Children can use stickers as well as a wide array of pattern brushes that will make coloring even more fun. The app has “auto paint function” which will paint original character colors automatically. This is for babies and toddlers who may have difficulty choosing colors. About 40 different brushes, stickers and patterns kids can choose from will never bore them.
Go East! Xylophone will let kids play the xylophone together with lovely characters of Go East. Each time they play the xylophone, characters dance. Children can learn music naturally as they play the xylophone as they like. The app will be updated with a new easy-to-follow function. Using this function, kids can play songs just by tapping the xylophone keys in order of the notes appearing on the monitor.
The app series of COSCOI Friends are COSCOI’s first education business project under its vision of providing “global contents which will breathe new life into characters.” The apps are distributed to 135 countries at the same time. COSCOI has also completed the development of Mobile App Service (MAS), a mobile app management tool used to launch and manage various apps.
“We plan to release 11 new educational apps this year,” COSCOI Vice President Ja Keun Kim said. “We are in partnership with providers of famous educational contents and we are expecting to launch an educational video and audio platform soon.”
COSCOI: http://www.coscoi.net/main?lang=us
COSCOI Friends: http://friends.coscoi.net/main?lang=us
Go East: http://goeast-en.coscoi.net/easten/main
Contacts
COSCOI
Se Yong Oh, +82-70-8670-0130
seyongoh@coscoi.net
Source: COSCOI
http://mrem.bernama.com/viewsm.php?idm=32555
Nestlé deal with Starbucks to market Starbucks products globally
KUALA LUMPUR, Aug 28 (Bernama) -- Nestlé and Starbucks Corporation have closed the deal granting Nestlé the perpetual rights to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the company’s coffee shops.
Both companies will work closely together on the existing Starbucks range of roast and ground coffee, whole beans as well as instant and portioned coffee besides capitalise on their experience and capabilities to work on innovation with the goal of enhancing Starbucks’ product offerings for coffee lovers globally.
President and chief executive officer (CEO) of Starbucks, Kevin Johnson in a statement said the global coffee alliance with Nestlé is a significant strategic milestone for the growth of Starbucks and helps the company to amplify the brand around the world while delivering long-term value creation for Starbucks’ shareholders.
Meanwhile, Nestlé CEO, Mark Schneider said the partnership demonstrates their growth agenda in action, giving Nestlé an unparalleled position in the coffee business with a full suite of innovative brands.
The agreement significantly strengthens Nestlé’s coffee portfolio in the North American premium roast and ground and portioned coffee business. It also unlocks global expansion in grocery and foodservice for the Starbucks brand, utilising the global reach of Nestlé.
It covers Starbucks packaged coffee and tea brands including Starbucks, Seattle’s Best Coffee, Teavana, Starbucks VIA Instant, Torrefazione Italia coffee and Starbucks-branded K-Cup pods. It excludes Ready-to-Drink products and all sales of any products within Starbucks coffee shops.
Approximately 500 Starbucks employees in the United States and Europe will join the Nestlé family, with the majority based in Seattle and London. The international expansion of the business will be led from Nestlé’s global headquarters in Vevey, Switzerland.
--BERNAMA
Both companies will work closely together on the existing Starbucks range of roast and ground coffee, whole beans as well as instant and portioned coffee besides capitalise on their experience and capabilities to work on innovation with the goal of enhancing Starbucks’ product offerings for coffee lovers globally.
President and chief executive officer (CEO) of Starbucks, Kevin Johnson in a statement said the global coffee alliance with Nestlé is a significant strategic milestone for the growth of Starbucks and helps the company to amplify the brand around the world while delivering long-term value creation for Starbucks’ shareholders.
Meanwhile, Nestlé CEO, Mark Schneider said the partnership demonstrates their growth agenda in action, giving Nestlé an unparalleled position in the coffee business with a full suite of innovative brands.
The agreement significantly strengthens Nestlé’s coffee portfolio in the North American premium roast and ground and portioned coffee business. It also unlocks global expansion in grocery and foodservice for the Starbucks brand, utilising the global reach of Nestlé.
It covers Starbucks packaged coffee and tea brands including Starbucks, Seattle’s Best Coffee, Teavana, Starbucks VIA Instant, Torrefazione Italia coffee and Starbucks-branded K-Cup pods. It excludes Ready-to-Drink products and all sales of any products within Starbucks coffee shops.
Approximately 500 Starbucks employees in the United States and Europe will join the Nestlé family, with the majority based in Seattle and London. The international expansion of the business will be led from Nestlé’s global headquarters in Vevey, Switzerland.
--BERNAMA
Monday, August 27, 2018
A.M. Best affirms credit ratings of Korea P&I Club
KUALA LUMPUR, Aug 28 (Bernama) -- A.M. Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of ‘a-’ of Korea P&I Club (KP&I) South Korea and the outlook of these ratings is stable.
KP&I was founded in 2000 under the Ship-Owners’ Mutual Protection and Indemnity Association Act. The club benefits from various support from the South Korea government pivoting on its strategic role in the long-term development of the country’s marine infrastructure, which serves as a positive rating factor.
The ratings reflect KP&I’s balance sheet strength, which A.M. Best categorised as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
A.M. Best said KP&I’s balance sheet strength is underpinned by risk-adjusted capitalization at the strongest level, as measured by Best’s Capital Adequacy Ratio.
KP&I has maintained highly profitable operating performance with the five-year average return on equity of 10 per cent with a modest level of volatility.
However, the club experienced a sharp drop of net income in 2017 mainly due to the impact of exchange rate movement on its underwriting and investment performance.
With its business primarily concentrated in Korea, KP&I maintains about 16 per cent of market share based on premium within the domestic market.
Amid the prolonged recession in the shipping industry and increasing competition, multiple initiatives are on the way to secure its market position: strategic partnership with a member of International Group of P&I Clubs, new business opportunity under the government’s plan to build new vessels to support Korean shipping industry and overseas expansion plan.
A.M. Best is a global rating agency and information provider with a unique focus on the insurance industry. Visit www.ambest.com for more information.
--BERNAMA
KP&I was founded in 2000 under the Ship-Owners’ Mutual Protection and Indemnity Association Act. The club benefits from various support from the South Korea government pivoting on its strategic role in the long-term development of the country’s marine infrastructure, which serves as a positive rating factor.
The ratings reflect KP&I’s balance sheet strength, which A.M. Best categorised as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
A.M. Best said KP&I’s balance sheet strength is underpinned by risk-adjusted capitalization at the strongest level, as measured by Best’s Capital Adequacy Ratio.
KP&I has maintained highly profitable operating performance with the five-year average return on equity of 10 per cent with a modest level of volatility.
However, the club experienced a sharp drop of net income in 2017 mainly due to the impact of exchange rate movement on its underwriting and investment performance.
With its business primarily concentrated in Korea, KP&I maintains about 16 per cent of market share based on premium within the domestic market.
Amid the prolonged recession in the shipping industry and increasing competition, multiple initiatives are on the way to secure its market position: strategic partnership with a member of International Group of P&I Clubs, new business opportunity under the government’s plan to build new vessels to support Korean shipping industry and overseas expansion plan.
A.M. Best is a global rating agency and information provider with a unique focus on the insurance industry. Visit www.ambest.com for more information.
--BERNAMA
LG Chem to supply Brackish Water reverse osmosis membranes in US
KUALA LUMPUR, Aug 23 (Bernama) -- LG Chem -- a leading contender of Sea Water (SW) reverse osmosis (RO) -- awarded with three contracts to supply Brackish Water (BW) RO membranes to major utilities in the U.S.
President of IT&E Materials Division in LG Chem, Cheoldong Jeong said the company has made great progress in BW RO business in both municipal and industrial sectors after launching BW RO product line two years ago.
In August 2018, LG Chem received a contract to supply replacement membranes to the Silicon Valley Advanced Water Purification Center -- the largest plant of its kind in northern California and the focal point of the Santa Clara Valley Water District’s recycled water expansion.
It also received a contract to supply 3,170 energy saving BW ES elements in June to the Ground Water Replenishment System -- the world’s largest indirect potable reuse facility -- in the Orange County Water District, a statement said.
LG Chem has won a replacement bid in April for the Edward C. Little Water Recycling Facility in the West Basin Municipal Water District following a successful on-site trial last year and supplied anti-fouling BW AFR membranes to the facility.
With the recent success, LG Water Solutions was honored with Distinction in the Water Technology Company of the Year at GWI’s 2018 Global Water Awards. More information at http://www.lgwatersolutions.com.
-- BERNAMA
Thursday, August 23, 2018
THE IASLC 19TH WORLD CONFERENCE ON LUNG CANCER ARRIVES IN TORONTO, CANADA
DENVER, Aug 23 (Bernama-GLOBE NEWSWIRE) --
What: The International Association for the Study of Lung Cancer (IASLC) presents the IASLC 19th World Conference on Lung Cancer (WCLC) on September 23-26, 2018, in Toronto, Canada. The WCLC is the world’s largest meeting dedicated solely to lung cancer and other thoracic malignancies, and is expected to convene over 7,000 researchers, physicians, specialists, patients, advocates and industry members from around the world.
The WCLC’s scientific program features a line-up of global leaders in the field. Presentations focus on cutting-edge science, including the latest breakthroughs in targeted therapies and immunotherapies; advances in screening, early detection and staging; prevention and smoking cessation efforts; patient advocacy initiatives; and much more. Collaboration across disciplines and borders is a meeting highlight. The WCLC’s scientific program is available to review online.
What: The International Association for the Study of Lung Cancer (IASLC) presents the IASLC 19th World Conference on Lung Cancer (WCLC) on September 23-26, 2018, in Toronto, Canada. The WCLC is the world’s largest meeting dedicated solely to lung cancer and other thoracic malignancies, and is expected to convene over 7,000 researchers, physicians, specialists, patients, advocates and industry members from around the world.
The WCLC’s scientific program features a line-up of global leaders in the field. Presentations focus on cutting-edge science, including the latest breakthroughs in targeted therapies and immunotherapies; advances in screening, early detection and staging; prevention and smoking cessation efforts; patient advocacy initiatives; and much more. Collaboration across disciplines and borders is a meeting highlight. The WCLC’s scientific program is available to review online.
KASHA CACY APPOINTED GLOBAL CEO OF ENGINE
NEW YORK, Aug 23 (Bernama-GLOBE NEWSWIRE) -- Data-driven marketing solutions company Engine today announced the appointment of Kasha Cacy as the company’s global chief executive officer, a new position. Effective Sept. 4, Cacy will oversee Engine’s 17 offices across North America, the UK, Europe and Asia-Pacific, leading the company’s marketing solutions offering, from insights and content to distribution and technology.
Cacy joins Engine from UM, the full-service marketing and media agency network of IPG Mediabrands, where she served as U.S. CEO. She will be based out of Engine’s headquarters in New York, and will report to Engine Executive Chairman Paul Caine.
Cacy joins Engine from UM, the full-service marketing and media agency network of IPG Mediabrands, where she served as U.S. CEO. She will be based out of Engine’s headquarters in New York, and will report to Engine Executive Chairman Paul Caine.
BIOCELL COLLAGEN® OFFERS SCIENTIFIC SESSION AT VITAFOODS SINGAPORE
SEESTERMAN, Germany, Aug 21 (Bernama-BUSINESS WIRE) -- Asia’s collagen market is booming but consumers in the region are increasingly demanding quality and scientific substantiation. This will be the key message from category leaders BioCell Technology International GmbH at Vitafoods Asia (September 11-12 in Singapore).
Collagen is long established as an ingredient in Asia’s beauty from within market, and its benefits for joint health add to its appeal for the region’s consumers, for whom healthy aging is an increasingly important goal.
Collagen is long established as an ingredient in Asia’s beauty from within market, and its benefits for joint health add to its appeal for the region’s consumers, for whom healthy aging is an increasingly important goal.
SONOS ANNOUNCES DATE FOR FISCAL THIRD QUARTER 2018 EARNINGS CONFERENCE CALL
SANTA BARBARA, Calif., Aug 21 (Bernama-GLOBE NEWSWIRE) -- Sonos, Inc. (“Sonos”) (Nasdaq: SONO) today announced that after market close on Monday, September 10, 2018, the company will report financial results for the fiscal third quarter ended June 30, 2018 in a letter to shareholders, which will be made available on the investor relations section of its website. In addition, the company will host a conference call and Q&A to discuss the results on the same day at 5:00 p.m. Eastern Time.
A live webcast and replay of the conference call and Q&A will be accessible at: https://investors.sonos.com/news-and-events/default.aspx. The replay will be available for at least one year following completion of the call.
A live webcast and replay of the conference call and Q&A will be accessible at: https://investors.sonos.com/news-and-events/default.aspx. The replay will be available for at least one year following completion of the call.
A.M. BEST DOWNGRADES CREDIT RATINGS OF NATIONAL INSURANCE COMPANY LIMITED; PLACES UNDER REVIEW WITH NEGATIVE IMPLICATIONS
SINGAPORE, Aug 20 (Bernama-BUSINESS WIRE) -- A.M. Best has downgraded the Financial Strength Rating (FSR) to C (Marginal) from B (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “b” from “bbb” of National Insurance Company Limited (National) (India). Additionally, A.M. Best has placed these Credit Ratings (ratings) under review with negative implications.
The ratings reflect National’s diminished balance sheet strength, which A.M. Best categorizes as adequate, as well as its marginal operating performance, neutral business profile and weak enterprise risk management (ERM).
The ratings reflect National’s diminished balance sheet strength, which A.M. Best categorizes as adequate, as well as its marginal operating performance, neutral business profile and weak enterprise risk management (ERM).
Tuesday, August 21, 2018
WILLIS LEASE FINANCE COMMITS TO OFFERING OF $373.4 MILLION IN FIXED RATE NOTES
NOVATO, Calif., Aug 17 (Bernama-GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis”), a leading lessor of commercial jet engines, announced today that its wholly-owned subsidiary Willis Engine Structured Trust IV (“WEST IV”), has priced $373.4 million in aggregate principal amount of fixed rate notes (the “Notes”). As previously announced, the Notes will be issued in two series, with the Series A Notes to be issued in an aggregate principal amount of $326.8 million and the Series B Notes in an aggregate principal amount of $46.7 million. The Notes will be secured by, among other things, WEST IV’s direct and indirect interests in a portfolio of 55 aircraft engines and one airframe. The planned closing date is August 22, 2018.
The Series A Notes will have a fixed coupon of 4.750%, an expected maturity of approximately eight years, an expected weighted average life (based on certain modeling assumptions) of 6.3 years and a final maturity of 25 years and Series B Notes will have a fixed coupon of 5.438%, an expected maturity of approximately eight years, an expected weighted average life (based on certain modeling assumptions) of 6.3 years and a final maturity of 25 years. The Series A Notes will be issued at a price of 99.99504% of par and the Series B Notes will be issued at a price of 99.99853% of par.
The Series A Notes will have a fixed coupon of 4.750%, an expected maturity of approximately eight years, an expected weighted average life (based on certain modeling assumptions) of 6.3 years and a final maturity of 25 years and Series B Notes will have a fixed coupon of 5.438%, an expected maturity of approximately eight years, an expected weighted average life (based on certain modeling assumptions) of 6.3 years and a final maturity of 25 years. The Series A Notes will be issued at a price of 99.99504% of par and the Series B Notes will be issued at a price of 99.99853% of par.
Saturday, August 18, 2018
China BOCOM Insurance Company Limited´s credit ratings is stable
KUALA LUMPUR, Aug 17 (Bernama) -- The financial strength rating of A- (excellent) and the long-term issuer credit rating of ‘a-’ of China BOCOM Insurance Company Limited (CBIC) Hong Kong has been affirmed by A.M. Best. The outlook of these ratings is stable.
The ratings reflect the company’s balance sheet strength which A.M. Best categorised as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management, a statement said.
CBIC’s risk-adjusted capitalisation as measured by Best’s Capital Adequacy Ratio (BCAR) remains at the strongest level and is attributed in part to the company’s low underwriting leverage.
The company’s capital and surplus grew steadily and organically in the past five years, underpinned by strong investment results and full retention of operating profits.
The company is exposed to credit risk and liquidity risk, as well as country concentration risk in its investment portfolio, which consists primarily of fixed income investment in China state-owned enterprises and contains a material portion of non-rated bonds.
Positive rating actions could occur if the company demonstrates significant improvement in its market position while maintaining a stable and profitable operating performance while negative rating actions could occur if there is material deterioration in its operating performance.
A.M. Best is a global rating agency and information provider with a unique focus on the insurance industry. More details at www.ambest.com.
-- BERNAMA
The ratings reflect the company’s balance sheet strength which A.M. Best categorised as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management, a statement said.
CBIC’s risk-adjusted capitalisation as measured by Best’s Capital Adequacy Ratio (BCAR) remains at the strongest level and is attributed in part to the company’s low underwriting leverage.
The company’s capital and surplus grew steadily and organically in the past five years, underpinned by strong investment results and full retention of operating profits.
The company is exposed to credit risk and liquidity risk, as well as country concentration risk in its investment portfolio, which consists primarily of fixed income investment in China state-owned enterprises and contains a material portion of non-rated bonds.
Positive rating actions could occur if the company demonstrates significant improvement in its market position while maintaining a stable and profitable operating performance while negative rating actions could occur if there is material deterioration in its operating performance.
A.M. Best is a global rating agency and information provider with a unique focus on the insurance industry. More details at www.ambest.com.
-- BERNAMA
Friday, August 17, 2018
NTT Communications, Arkadin receive Frost & Sullivan 2018 Asia Pacific ICT Awards
KUALA LUMPUR, Aug 16 (Bernama) -- NTT Communications Corp (NTT Com) -- a Japanese information and communications technology (ICT) solutions business within the NTT Group -- and Arkadin Cloud Communications have received Frost & Sullivan 2018 Asia Pacific ICT Awards in Singapore recently.
With office in Malaysia, Arkadin is a NTT Com company and market leader in cloud unified communications and collaboration (UCC) services.
NTT Com has been recognized as Asia-Pacific End-to-End UCC Service Provider of the Year and Asia-Pacific Telco Data Center Services Provider of the Year while Arkadin as Enterprise Collaboration Product Line Strategy Leadership Award, a statement said.
Under the NTT Group, NTT Com, Dimension Data and Arkadin have joined hands to offer end-to-end UCC solutions and services for enterprise customers.
Industry Analyst, ICT Practice, Frost & Sullivan, Shuishan Lu said NTT Com range of end-to-end UCC services offer networking, voice, system integration and consulting, cloud deployment, and managed services.
Industry Analyst, ICT Practice, Frost & Sullivan, Yu Xuan Ng said: “NTT Com has attained success by addressing market demand from hyperscale cloud vendors and distinguishing itself from competitors with its secure connectivity solutions (SD-Exchange) and portfolio of value-added services.
Ng said as a result of its strategic initiatives, NTT Com has achieved remarkable year-on-year revenue growth in the data center services market.
“Arkadin is one of the first companies to embrace digital transformation in its operations. Enhancing the integration of cloud meeting capabilities in the Microsoft UCaaS system, the company continues to deliver best-in-class collaboration experience in Asia-Pacific,” said Research Analyst, ICT Practice, Frost & Sullivan, Chong Zi Ning.
More details on https://www.ntt.com and https://www.arkadin.com/
--BERNAMA
With office in Malaysia, Arkadin is a NTT Com company and market leader in cloud unified communications and collaboration (UCC) services.
NTT Com has been recognized as Asia-Pacific End-to-End UCC Service Provider of the Year and Asia-Pacific Telco Data Center Services Provider of the Year while Arkadin as Enterprise Collaboration Product Line Strategy Leadership Award, a statement said.
Under the NTT Group, NTT Com, Dimension Data and Arkadin have joined hands to offer end-to-end UCC solutions and services for enterprise customers.
Industry Analyst, ICT Practice, Frost & Sullivan, Shuishan Lu said NTT Com range of end-to-end UCC services offer networking, voice, system integration and consulting, cloud deployment, and managed services.
Industry Analyst, ICT Practice, Frost & Sullivan, Yu Xuan Ng said: “NTT Com has attained success by addressing market demand from hyperscale cloud vendors and distinguishing itself from competitors with its secure connectivity solutions (SD-Exchange) and portfolio of value-added services.
Ng said as a result of its strategic initiatives, NTT Com has achieved remarkable year-on-year revenue growth in the data center services market.
“Arkadin is one of the first companies to embrace digital transformation in its operations. Enhancing the integration of cloud meeting capabilities in the Microsoft UCaaS system, the company continues to deliver best-in-class collaboration experience in Asia-Pacific,” said Research Analyst, ICT Practice, Frost & Sullivan, Chong Zi Ning.
More details on https://www.ntt.com and https://www.arkadin.com/
--BERNAMA
Uber for business users to benefit from automatic import receipts
KUALA LUMPUR, Aug 17 (Bernama) -- Business travelers will soon automatically import Uber for Business trip receipts to Zoho’s expense reporting and tracking software -- Zoho Expense.
Zoho in a statement said Uber users worldwide will be able to select Zoho Expense from the Uber app and their receipts will be added to the software reports to streamline tracking and reimbursement.
Zoho Expense is an expense reporting software that automates business and travel expense management available in mobile and web versions. The software is benefiting to sales representatives, employees, managers and finance departments.
President of Zoho Corporation, Raj Sabhlok said: "After a long business trip, the last thing travelers want to do is dig through their inboxes for Uber receipts. With Zoho Expense and Uber, they won’t have to.”
Headquartered in California, Zoho is one of the world's most prolific software companies -- with apps in nearly every major business category including sales, marketing, customer support, accounting and back office operations.
Head of business development and partnerships, Uber for Business, Michael Goodwin said Uber for Business provides organizations with the billing, reporting and management software that they need as employees turn to Uber for safe, reliable transportation across the globe.
“Our integration with Zoho Expense will automate a key step in the process, making that expense-related work faster and easier for business riders and travel managers alike,” he added.
The software will be available to Uber app users with a business profile in early September. Zoho Expense offers two subscription plans: the free plan and the standard plan -- US$15 (RM61.50) per month for 10 users. (1US$ = RM4.10). More information on https://www.zoho.com/expense
--BERNAMA
Thursday, August 16, 2018
PREMIER INDIAN GOVERNMENT THINK TANK PARTNERS WITH PERLIN NETWORK TO ADVANCE ITS NATIONAL DISTRIBUTED COMPUTING INFRASTRUCTURE
The National Institution for Transforming India (NITI Aayog) has committed to working with Perlin Network to drive greater development, innovation and efficiency of utilisation in the country’s vast and fast-growing distributed computing infrastructure, with a focus on artificial intelligence and machine learning.
NEW DEHLI, Aug 15 (Bernama-BUSINESS WIRE) -- The National Institution for Transforming India (NITI Aayog), the premier policy think tank for the Indian Government, has announced its commitment to partner with Perlin Network to progress the development of artificial intelligence using distributed computing infrastructure in India and to develop the concept of an “India cloud” based on distributed computing resources. The collaboration will initially focus on machine learning and multi-party computation, with the goal of establishing and promoting distributed computing markets for these rapidly-growing sectors throughout India.
Under the partnership, NITI Aayog and Perlin will work together to conduct joint research, facilitate industry and government interactions, exchange valuable learnings, and organise local forums. In particular, NITI Aayog and Perlin will jointly conduct a hackathon to explore other use cases for distributing computing on the Perlin Network. Moreover, Perlin will bring partners who can supply computing power from unused smartphones and computers based in India to its network in order to create a domestic, decentralized cloud infrastructure. The nationwide scale and depth of world-leading technical expertise encompassed by the collaboration is expected to result in substantial benefits across the respective networks of both NITI Aayog and Perlin.
“It is well known that India has a vast available pool of technical expertise and skill at its disposal. Less well known is that it also has a vast pool of underutilized computing resources in the form of smartphones and laptops, which remain idle while we sleep. Our aim is to tap both these resources, and leverage recent advances in artificial intelligence, to empower all our local developers and tech entrepreneurs to position themselves as global leaders,” explained Mr. Amitabh Kant, CEO of Niti Aayog. “Partnering with Perlin will provide us access to technology at the very forefront of innovation in AI, Machine Learning, distributed computing and blockchain technology.”
Perlin has committed to helping the Indian Government realise its grand ambition for India’s AI future and the more efficient utilisation of its rapidly-growing national computing infrastructure. A special focus will be on AI methods such as multi-party computation, that will protect individuals’ data while training predictive models. Perlin has committed to providing support for greater developer community engagement with assistance running hackathon events, workshops and meetups to promote cutting-edge distributed computing technology.
“Perlin’s vision is to empower communities around the world who are hungry for new opportunities to help them rise above their existing socio-economic situations,” said Dorjee Sun, Project Lead for Perlin. “We believe the distributed computing technology we’re pioneering will help absolutely anyone anywhere to participate and thrive in the new economy blockchain technologies like ours are facilitating globally.”
An indicative roadmap for the partnership will see developments rolled out over the next 12 months, with the Perlin’s Testnet scheduled to be released in September this year.
http://mrem.bernama.com/viewsm.php?idm=32478
NEW DEHLI, Aug 15 (Bernama-BUSINESS WIRE) -- The National Institution for Transforming India (NITI Aayog), the premier policy think tank for the Indian Government, has announced its commitment to partner with Perlin Network to progress the development of artificial intelligence using distributed computing infrastructure in India and to develop the concept of an “India cloud” based on distributed computing resources. The collaboration will initially focus on machine learning and multi-party computation, with the goal of establishing and promoting distributed computing markets for these rapidly-growing sectors throughout India.
Under the partnership, NITI Aayog and Perlin will work together to conduct joint research, facilitate industry and government interactions, exchange valuable learnings, and organise local forums. In particular, NITI Aayog and Perlin will jointly conduct a hackathon to explore other use cases for distributing computing on the Perlin Network. Moreover, Perlin will bring partners who can supply computing power from unused smartphones and computers based in India to its network in order to create a domestic, decentralized cloud infrastructure. The nationwide scale and depth of world-leading technical expertise encompassed by the collaboration is expected to result in substantial benefits across the respective networks of both NITI Aayog and Perlin.
“It is well known that India has a vast available pool of technical expertise and skill at its disposal. Less well known is that it also has a vast pool of underutilized computing resources in the form of smartphones and laptops, which remain idle while we sleep. Our aim is to tap both these resources, and leverage recent advances in artificial intelligence, to empower all our local developers and tech entrepreneurs to position themselves as global leaders,” explained Mr. Amitabh Kant, CEO of Niti Aayog. “Partnering with Perlin will provide us access to technology at the very forefront of innovation in AI, Machine Learning, distributed computing and blockchain technology.”
Perlin has committed to helping the Indian Government realise its grand ambition for India’s AI future and the more efficient utilisation of its rapidly-growing national computing infrastructure. A special focus will be on AI methods such as multi-party computation, that will protect individuals’ data while training predictive models. Perlin has committed to providing support for greater developer community engagement with assistance running hackathon events, workshops and meetups to promote cutting-edge distributed computing technology.
“Perlin’s vision is to empower communities around the world who are hungry for new opportunities to help them rise above their existing socio-economic situations,” said Dorjee Sun, Project Lead for Perlin. “We believe the distributed computing technology we’re pioneering will help absolutely anyone anywhere to participate and thrive in the new economy blockchain technologies like ours are facilitating globally.”
An indicative roadmap for the partnership will see developments rolled out over the next 12 months, with the Perlin’s Testnet scheduled to be released in September this year.
http://mrem.bernama.com/viewsm.php?idm=32478
Wednesday, August 15, 2018
Mash Group records 99 per cent increase of revenue end of 30th June 2018
KUALA LUMPUR, Aug 13 (Bernama) -- Mash Group -- one of Europe’s leading fintech companies -- recorded 99 per cent increase in H1/18 revenue from H1/17 with H1/18 lending volumes surpassing full year 2017 and achieved EBIT of EUR 5.5 million (RM 25.66 million). (EUR 1 = RM 4.67).
“This demonstrates the strong competitive position of our lending business model. We anticipate this strong growth to continue in H2 2018, supported by our new customer acquisition channels and going live in the Spanish market in Q2/18,” said Chief executive officer (CEO) of Mash Group, James Hickson.
“We continue to make investments for the long term in this acquisition channel and explore new opportunities to enhance our capability, identify new partners and expand our merchant and consumer offering,” he added.
The company has increased the size of its structured financing facility with funds managed by affiliates of Fortress Investment Group LLC from EUR 120 million (RM 560.4 million) to EUR 200 million (RM 934 million), a statement said.
It was also recognised as one of the Fintech50, Europe’s leading list of FinTech companies and its CEO has been awarded with ‘Most Influential FinTech CEO of the year 2018’ from AI Global Media.
Mash continued to grow rapidly in all markets during the second quarter, achieving a record Q2 2018 in terms of lending volumes (+27 per cent) and revenues (+36 per cent) compared to Q1 2018.
Registered merchants for Mash’s pay later point of sale solution has grown 733 per cent in H1 2018 with the number of new customers grown by 265 per cent compared to H1 2017, the statement said.
Mash has been at the forefront of fintech innovation since 2007. The company leveraged advanced proprietary algorithms, machine learning capabilities and automated platform to deliver superior finance and payments solutions. More details at https://www.mash.com.
-- BERNAMA
Tuesday, August 14, 2018
New funds join as initial investors in Universal Protocol Platform
KUALA LUMPUR, Aug 9 (Bernama) -- Universal Protocol (UP) Platform, an alliance of industry leading blockchain and digital asset companies introducing a new structure of Proxy Tokens to promote interoperability, has announced a new round of digital asset management funds to support the project.
The funds include Dekrypt Capital, Alphabit, and Arrington XRP Capital. The latest round of supporters join FBG Capital, previously announced as the lead investor in the project, a statement said.
“The group of companies and investors coming together to make this project a reality is impressive and shows the potential of this technology to solve the issue of cross-chain transactions,” said managing partner of Dekrypt Capital, Howard Wu.
The UP Platform addresses one of the biggest challenges facing blockchain users by allowing the instant and seamless transfer of value across different decentralised networks.
Using ERC-20 compatible Proxy Tokens, the platform provides a ‘common language’ through which incompatible protocols can ‘reason’ with each other and provide a scalable solution that can rapidly be applied across many blockchains.
The UP platform will benefit financial institutions by solving the technical and custodial issues of hosting multiple cryptocurrencies on bespoke blockchains and retail investors by creating a more practical and ‘spendable’ way of holding cryptocurrencies.
It will also benefit centralised exchanges by dramatically streamlining the process of listing new cryptocurrencies, and blockchain innovators by proving the freedom to create bespoke blockchains for specific projects. More information at www.universalprotocol.io.
-- BERNAMA
Monday, August 13, 2018
HAINAN SHOWCASES EXPOS IN SHANGHAI, INVITING EVENTS ENTERPRISES WORLDWIDE TO SNATCH BUSINESS OPPORTUNITIES FROM FREE TRADE ZONE AND PORT
SHANGHAI, China, Aug 10 (Bernama-AsiaNet) -- On August 10-11, 2018, the 4th China Events (MICE) Industry Fair (CEIF) was held at Shanghai New International Expo Center (SNIEC). Major cities, associations and enterprises in the events industry from Hainan Province, guided by the Provincial Convention & Exhibition Bureau, participated in the fair to demonstrate their major events.
Hainan highlighted at the fair the (3rd) Hainan World Leisure Tourism Expo 2018 (Hainan Leisure Expo) and the (4th) Hainan International RV (AUTO) Camping Leisure Tourism Expo 2018 (Hainan Camping Expo). Hainan Leisure Expo, hosted by the Provincial Tourism Development Committee, introduces Hainan's tourism resources to the world and provides a platform for industrial players to exchange their ideas on the new trend of leisure tourism. Hainan Camping Expo, hosted by Hainan Commercial Department and Haikou Municipal Government, promotes the province's resources for camping and drive tours by recreational vehicles and other vehicles. Industrial players can demonstrate their new technologies, products and experiences at the expo. After nearly three years' efforts, these two events have become influential brand in the events industry.
Hainan highlighted at the fair the (3rd) Hainan World Leisure Tourism Expo 2018 (Hainan Leisure Expo) and the (4th) Hainan International RV (AUTO) Camping Leisure Tourism Expo 2018 (Hainan Camping Expo). Hainan Leisure Expo, hosted by the Provincial Tourism Development Committee, introduces Hainan's tourism resources to the world and provides a platform for industrial players to exchange their ideas on the new trend of leisure tourism. Hainan Camping Expo, hosted by Hainan Commercial Department and Haikou Municipal Government, promotes the province's resources for camping and drive tours by recreational vehicles and other vehicles. Industrial players can demonstrate their new technologies, products and experiences at the expo. After nearly three years' efforts, these two events have become influential brand in the events industry.
Friday, August 10, 2018
WILLIS LEASE ANNOUNCES OFFERING OF $373.4 MILLION IN FIXED RATE NOTES
NOVATO, Calif., Aug 9 (Bernama-GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis”), a leading lessor of commercial jet engines, announced today that its wholly-owned subsidiary, Willis Engine Structured Trust IV (“WEST IV”) proposes to offer $373.4 million in aggregate principal amount of fixed rate notes (the “Notes”). It is expected that the Notes will be issued in two series, with the Series A Notes to be issued in an aggregate principal amount of approximately $326.8 million and the Series B Notes in an aggregate principal amount of approximately $46.7 million. The Notes will be secured by, among other things, WEST IV’s direct and indirect interests in a portfolio of 55 aircraft engines and one airframe.
The net proceeds of the Notes will be applied, in part, to pay fees and expenses related to the issuance and to pay Willis periodically over a 270-day delivery period as consideration for the aircraft engines and the airframe acquired by WEST from Willis in the financing. Willis will apply the net proceeds it receives to repay certain amounts drawn under Willis’ revolving credit facility and the remainder will be used for general corporate purposes.
The net proceeds of the Notes will be applied, in part, to pay fees and expenses related to the issuance and to pay Willis periodically over a 270-day delivery period as consideration for the aircraft engines and the airframe acquired by WEST from Willis in the financing. Willis will apply the net proceeds it receives to repay certain amounts drawn under Willis’ revolving credit facility and the remainder will be used for general corporate purposes.
Wednesday, August 8, 2018
NEURALSTEM APPOINTS JIM SCULLY AS INTERIM CHIEF EXECUTIVE OFFICER
GERMANTOWN, Md., Aug 7 (Bernama-GLOBE NEWSWIRE) -- Neuralstem, Inc. (Nasdaq:CUR), a biopharmaceutical company focused on the development of nervous system therapies based on its neural stem cell and small molecule compound technologies, today announced that the Board of Directors has appointed Jim Scully as interim chief executive officer. Mr. Scully will assume the role effective immediately and succeeds Mr. Rich Daly who served as president and chief executive officer of the Company since February 2016.
“Jim’s contribution in 2018 heading up business development and as strategic advisor for Neuralstem has been extremely valuable, and we are confident that his appointment will ensure continued momentum over the near-term as our dedicated search efforts continue,” said Cristina Csimma, Chair of the Nominating Committee of Neuralstem. “Jim is an experienced pharmaceutical executive with a deep understanding of commercial, clinical development and manufacturing operations and has worked with our team to advance our Company’s efforts in China and rest-of-world.”
“Jim’s contribution in 2018 heading up business development and as strategic advisor for Neuralstem has been extremely valuable, and we are confident that his appointment will ensure continued momentum over the near-term as our dedicated search efforts continue,” said Cristina Csimma, Chair of the Nominating Committee of Neuralstem. “Jim is an experienced pharmaceutical executive with a deep understanding of commercial, clinical development and manufacturing operations and has worked with our team to advance our Company’s efforts in China and rest-of-world.”
FUNAMBOL PERSONAL CLOUD NOW AVAILABLE FOR MILLIONS IN VIETNAM
FOSTER CITY, Calif., Aug 6 (Bernama-GLOBE NEWSWIRE) -- Funambol, the leading provider of operator platforms that power many white-label cloud services globally, announced today that its personal cloud solution is now available to millions of mobile subscribers in Vietnam. Funambol OneMediaHub is a key service in Viettel’s recently launched Lifebox Cloud Service and a key pillar of Viettel’s 4G service strategy. Viettel is the largest mobile operator in Vietnam and OneMediaHub enables Viettel subscribers to auto-store pictures, videos and other mobile content in the cloud. This provides several benefits, including freeing up space on their phones, securing their personal content and enabling sharing across all devices. “We evaluated all major Cloud Storage service providers and we chose Funambol because it is the best product with an investment approach that is aligned with our corporate objectives”, said Mr. TRAN Trung Hieu, Director of VAS Centre at Viettel Telecom “Funambol OneMediaHub was chosen for its comprehensive feature set as compared to the OTT Clouds. Furthermore, the integration of third party applications enabled by an extensive suite of APIs will ensure we always have a complement of services that our subscribers will value.”
Funambol OneMediaHub simplifies one's digital life by automatically centralizing digital content from all sources, including mobile devices, computers, social networks and email. It provides a simple and secure way to back up a subscriber's digital content and access it across multiple devices. OneMediaHub is a good fit for fixed line and mobile operators as its white-label offering enables operators to brand it, integrate it with other services, and adapt it for their specific needs.
Funambol OneMediaHub simplifies one's digital life by automatically centralizing digital content from all sources, including mobile devices, computers, social networks and email. It provides a simple and secure way to back up a subscriber's digital content and access it across multiple devices. OneMediaHub is a good fit for fixed line and mobile operators as its white-label offering enables operators to brand it, integrate it with other services, and adapt it for their specific needs.
Tuesday, August 7, 2018
Cushman & Wakefield Closes IPO At US$17 Per Share
KUALA LUMPUR, Aug 7 (Bernama) -- Cushman & Wakefield plc (Cushman & Wakefield) announced the closing of its initial public offering (IPO) of 45 million of its ordinary shares at US$17 (RM69.53) per share. (1US$ = RM4.09).
In connection with the IPO, the underwriters exercised in full their option to purchase an additional 6.75 million ordinary shares from Cushman & Wakefield.
As a result, the total IPO size was 51.75 million shares. The shares are listed on the New York Stock Exchange and trade under the symbol “CWK”, a statement said.
Cushman & Wakefield expects to use the net proceeds from the ordinary shares to reduce outstanding indebtedness, in particular to repay its second lien loan, to pay the outstanding amount of the deferred payment obligation related to its acquisition of Cassidy Turley and any remaining net proceeds for general corporate purposes.
Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC and UBS Investment Bank served as joint book-running managers and representatives of the underwriters for the offering.
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. It is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries.
--BERNAMA
In connection with the IPO, the underwriters exercised in full their option to purchase an additional 6.75 million ordinary shares from Cushman & Wakefield.
As a result, the total IPO size was 51.75 million shares. The shares are listed on the New York Stock Exchange and trade under the symbol “CWK”, a statement said.
Cushman & Wakefield expects to use the net proceeds from the ordinary shares to reduce outstanding indebtedness, in particular to repay its second lien loan, to pay the outstanding amount of the deferred payment obligation related to its acquisition of Cassidy Turley and any remaining net proceeds for general corporate purposes.
Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC and UBS Investment Bank served as joint book-running managers and representatives of the underwriters for the offering.
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. It is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries.
--BERNAMA
LUXURY BRAND HOUSE OF SILLAGE LAUNCHES LIMITED-EDITION LIPSTICK CASE & REFILL WITH DIAMOND POWDER
Also Wins Award for Product Innovation, Luxury Item at the ICMAD City Awards
NEWPORT BEACH, Calif., Aug 2 (Bernama-GLOBE NEWSWIRE) -- House of Sillage a leader in luxury haute parfumerie, is excited to announce its expansion into cosmetics with its limited-edition lipstick case and refill. Available exclusively at select Neiman Marcus stores and online from August 1st, each limited-edition lipstick comes in a stunning bow-shaped protective carrying case finished in black or white enamel and is encrusted with over three hundred brilliant diamond-cut Swarovski crystals. The lipstick case includes a mirror for effortless precision application.
Known as an industry trailblazer because of how the brand utilizes jewelry and fashion inspired material when cultivating extraordinary fragrance and cosmetic packaging, House of Sillage has continued to evolve this groundbreaking trend with its limited-edition lipstick collection.
Founder & CEO, Nicole Mather designed this new line and wanted to celebrate the essence and power behind the iconic symbol of the bow. “We wanted to pay homage to the bow’s timeless inspiration towards femininity. We’ve seen a bow’s beauty and glory across decades of popular culture and we believe we’ve translated the beauty of our fragrance packaging into cosmetics.”
These ravishing new lipsticks are infused with the highest quality and genuine diamond powder creating a luminous aura of regal beauty. The product names are inspired by royal lineage, which matches the exclusive composition of rich opulent colors brilliantly illuminated in a range of stunning shades (14 to be exact). From Duchess, to Queen, or Countess, product users can match the color that suits their mood of the day and enjoy an ultra-creamy satin texture with a luxe-finished lip, creating the ultimate color pay-off.
http://mrem.bernama.com/viewsm.php?idm=32404
NEWPORT BEACH, Calif., Aug 2 (Bernama-GLOBE NEWSWIRE) -- House of Sillage a leader in luxury haute parfumerie, is excited to announce its expansion into cosmetics with its limited-edition lipstick case and refill. Available exclusively at select Neiman Marcus stores and online from August 1st, each limited-edition lipstick comes in a stunning bow-shaped protective carrying case finished in black or white enamel and is encrusted with over three hundred brilliant diamond-cut Swarovski crystals. The lipstick case includes a mirror for effortless precision application.
Known as an industry trailblazer because of how the brand utilizes jewelry and fashion inspired material when cultivating extraordinary fragrance and cosmetic packaging, House of Sillage has continued to evolve this groundbreaking trend with its limited-edition lipstick collection.
Founder & CEO, Nicole Mather designed this new line and wanted to celebrate the essence and power behind the iconic symbol of the bow. “We wanted to pay homage to the bow’s timeless inspiration towards femininity. We’ve seen a bow’s beauty and glory across decades of popular culture and we believe we’ve translated the beauty of our fragrance packaging into cosmetics.”
These ravishing new lipsticks are infused with the highest quality and genuine diamond powder creating a luminous aura of regal beauty. The product names are inspired by royal lineage, which matches the exclusive composition of rich opulent colors brilliantly illuminated in a range of stunning shades (14 to be exact). From Duchess, to Queen, or Countess, product users can match the color that suits their mood of the day and enjoy an ultra-creamy satin texture with a luxe-finished lip, creating the ultimate color pay-off.
http://mrem.bernama.com/viewsm.php?idm=32404
Monday, August 6, 2018
WESTINGHOUSE SALE TO BROOKFIELD COMPLETE
CRANBERRY TOWNSHIP, Pa., Aug 2 (Bernama-BUSINESS WIRE) -- Westinghouse Electric Company, the global leader in nuclear technology, fuels and services, today announced the completion of its previously announced sale to Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) together with institutional partners (collectively, “Brookfield”) and emergence from Chapter 11 as a reorganized company. Announced on Jan. 4, 2018, the transaction was closed and became effective today.
“The close of this transaction marks an exciting milestone for Westinghouse as we have successfully emerged from Chapter 11, and continue to navigate a significant transformation that positions us for long-term sustainable success. With the support of Brookfield, Westinghouse will continue to build on its legacy of leading the nuclear industry. Our focus is on strengthening the business, capitalizing on our global footprint and excelling in client service and innovation,” said Westinghouse President & CEO José Emeterio Gutiérrez.
“The close of this transaction marks an exciting milestone for Westinghouse as we have successfully emerged from Chapter 11, and continue to navigate a significant transformation that positions us for long-term sustainable success. With the support of Brookfield, Westinghouse will continue to build on its legacy of leading the nuclear industry. Our focus is on strengthening the business, capitalizing on our global footprint and excelling in client service and innovation,” said Westinghouse President & CEO José Emeterio Gutiérrez.
Thursday, August 2, 2018
TOSHIBA ANNOUNCES NEW MN07 SERIES HARD DRIVES FOR NAS PLATFORM OEMS AND INTEGRATORS
TOKYO, July 31 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”), a committed technology leader, announces the MN07 Series 12TB1 and 14TB 3.5-inch2 hard disk drives for use in NAS platforms. The Toshiba MN07 Series utilizes a helium-sealed mechanical design to achieve the massive 14TB and 12TB capacity. The 14TB model improves power efficiency by approximately 55 percent (W/GB3) over the previous 10TB “air” 7,200rpm mechanical designs.
The MN07 Series is designed for use in NAS appliances with eight or more drive bays and is suitable for NAS file and object storage applications that require disk drives with workload ratings of up to 180TB per year4.The MN07 models feature vibration compensation technology and advanced Format (AF) 512e sector technology. Additionally, both devices offer 24/7 operability, superior reliability with MTTF5 of 1.0 Million hours, and are compatible with popular 3rd-party, 3.5-inch NAS enclosures.
“Toshiba’s new MN07 Series provides proven NAS-class performance and durability. Toshiba’s exclusive 9-disk, helium-sealed mechanics deliver real value to OEMs and integrators of file- and object- storage solutions who utilize proven network-attached storage technologies,” said Shuji Takaoka, General Manager of Storage Products Sales & Marketing Division at Toshiba Electronic Devices & Storage Corporation. “MN07 Series models include RV compensation technology for optimal performance in multi-disk NAS enclosures and are designed for robust 24/7 operation up to 300,000 load/unload cycles.”
The MN07 series sample shipment will start today.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180730005312/en/
The MN07 Series is designed for use in NAS appliances with eight or more drive bays and is suitable for NAS file and object storage applications that require disk drives with workload ratings of up to 180TB per year4.The MN07 models feature vibration compensation technology and advanced Format (AF) 512e sector technology. Additionally, both devices offer 24/7 operability, superior reliability with MTTF5 of 1.0 Million hours, and are compatible with popular 3rd-party, 3.5-inch NAS enclosures.
“Toshiba’s new MN07 Series provides proven NAS-class performance and durability. Toshiba’s exclusive 9-disk, helium-sealed mechanics deliver real value to OEMs and integrators of file- and object- storage solutions who utilize proven network-attached storage technologies,” said Shuji Takaoka, General Manager of Storage Products Sales & Marketing Division at Toshiba Electronic Devices & Storage Corporation. “MN07 Series models include RV compensation technology for optimal performance in multi-disk NAS enclosures and are designed for robust 24/7 operation up to 300,000 load/unload cycles.”
The MN07 series sample shipment will start today.
Krispy Kreme to open first shop in Myanmar
KUALA LUMPUR, Aug 2 (Bernama) -- The first Krispy Kreme shop is set to open in Myanmar this September, making it one of the few Western food brands to enter the country.
Krispy Kreme Doughnut Corp, in a statement, said they plan to open approximately 10 shops in the near future via its Myanmar franchisee.
Headquartered in Winston-Salem, North Carolina, Krispy Kreme Doughnut Corp is a global retailer of high-quality doughnuts and great-tasting coffee since 1937.
The brand has about 12,000 grocery, convenience and mass merchant stores in the United States as well as nearly 1,400 outlets in 32 countries.
For details, visit www.KrispyKreme.com
--BERNAMA
Krispy Kreme Doughnut Corp, in a statement, said they plan to open approximately 10 shops in the near future via its Myanmar franchisee.
Headquartered in Winston-Salem, North Carolina, Krispy Kreme Doughnut Corp is a global retailer of high-quality doughnuts and great-tasting coffee since 1937.
The brand has about 12,000 grocery, convenience and mass merchant stores in the United States as well as nearly 1,400 outlets in 32 countries.
For details, visit www.KrispyKreme.com
--BERNAMA
Neuralstem Announces Initiation of Phase 2 Clinical Trial of NSI-566 in Ischemic Stroke
GERMANTOWN, Md., Aug 2 (Bernama-GLOBE NEWSWIRE) -- In a release issued yesterday by Neuralstem, Inc. (Nasdaq:CUR), please note the headline should be, "Neuralstem Announces Initiation of Phase 2 Clinical Trial of NSI-566 in Ischemic Stroke," rather than, "Neuralstem Announces Initiation of Phase 2 Clinical Trial of NSI-189 in Ischemic Stroke," as originally issued. The corrected release follows:
Neuralstem Announces Initiation of Phase 2 Clinical Trial of NSI-566 in Ischemic Stroke
Neuralstem, Inc. (Nasdaq:CUR), a biopharmaceutical company focused on the development of nervous system therapies based on its neural stem cell technology, today announced the initiation of a Phase 2 clinical trial evaluating NSI-566, the Company’s lead neural stem cell candidate, as a potential treatment for ischemic stroke.
Neuralstem announced the positive topline results of Phase 1 stroke study in the 2018 ISSCR (International Society for Stem Cell Research) abstract on June 23, 2018.
“The Phase 2 study, which will be a randomized, double-blind, controlled study, is based on the encouraging results from the open-label Phase 1 safety study. It is intended to further test the safety and efficacy of NSI-566 to reverse paralysis in stroke patients with half of their body partially paralyzed,” said Dr. Karl Johe, Chief Scientific Officer of Neuralstem.
The trial will be taking place at Bayi Brain Hospital in Beijing, China, commencing on August 1, 2018. Managing the trial will be James Li, Ph.D., Executive Vice President of Asia Operations of Suzhou Neuralstem Ltd, a wholly owned subsidiary of Neuralstem, Inc., located in Suzhou, China. Dr. Li has been made the Manager and a Registered Agent of Suzhou Neuralstem.
Neuralstem will be allocating US$3 million toward this trial.
http://mrem.bernama.com/viewsm.php?idm=32406
RFA ACCELERATES GROWTH WITH EXPANSION IN LUXEMBOURG
LUXEMBOURG, July 31 (Bernama-GLOBE NEWSWIRE) -- RFA, a next-gen managed IT service provider for the financial industry, announces a new private financial cloud in Luxembourg. This expansion allows RFA to accommodate accelerated growth in Europe and offer a portfolio of high quality private cloud services to both its existing and new financial services clients in Luxembourg, Madrid, Paris, and the wider region.
Along with the London office, the new office doubles RFA’s footprint in Europe and further bolsters the company’s growth strategy. RFA has two highly secure, tier-one data centres in Luxembourg which meet the ISO27001 and SSAE16/Type II standards, which is key for firms regulated by the Commission de Surveillance du Sector Financier (CSSF). RFA is now ideally placed to provide a range of services to clients in this region, and offer fully managed private cloud, infrastructure-as-a-service and secure multi-cloud services, which allow clients to take advantage of the flexibility and scalability of public cloud services, whilst enjoying the security and direct control of the private cloud.
Along with the London office, the new office doubles RFA’s footprint in Europe and further bolsters the company’s growth strategy. RFA has two highly secure, tier-one data centres in Luxembourg which meet the ISO27001 and SSAE16/Type II standards, which is key for firms regulated by the Commission de Surveillance du Sector Financier (CSSF). RFA is now ideally placed to provide a range of services to clients in this region, and offer fully managed private cloud, infrastructure-as-a-service and secure multi-cloud services, which allow clients to take advantage of the flexibility and scalability of public cloud services, whilst enjoying the security and direct control of the private cloud.
Wednesday, August 1, 2018
JAPANESE GOV'T, JAPAN WORLD EXPO 2025 COMMITTEE BEEFING UP BIDDING ACTIVITIES TO HOST WORLD EXPO 2025
TOKYO, July 31 (Bernama-AsiaNet) --
- Bringing Public-Private Sectors and Pokemon Together Ahead of Decision on Host Country in November -
The Government of Japan and the Japan World Expo 2025 Committee (hereinafter "the Committee") have been conducting activities at home and abroad seeking to host the World Expo 2025. From July 21, the Committee took the initiative to begin an event-oriented campaign in which Pokemon, one of the Committee's "Special Envoys (Mascot Characters)," boosts bidding activities at the Pokemon Center Mega Tokyo in Ikebukuro and elsewhere in Japan as part of efforts to win the bid to host the World Expo.
- Bringing Public-Private Sectors and Pokemon Together Ahead of Decision on Host Country in November -
The Government of Japan and the Japan World Expo 2025 Committee (hereinafter "the Committee") have been conducting activities at home and abroad seeking to host the World Expo 2025. From July 21, the Committee took the initiative to begin an event-oriented campaign in which Pokemon, one of the Committee's "Special Envoys (Mascot Characters)," boosts bidding activities at the Pokemon Center Mega Tokyo in Ikebukuro and elsewhere in Japan as part of efforts to win the bid to host the World Expo.
Toshiba delivers power MOSFETs for automotive applications
KUALA LUMPUR, July 31 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) will start mass production and shipments of 'TPWR7904PB' and 'TPW1R104PB' -- 40V N-channel power MOSFETs for automotive applications in August.
The products are housed in the DSOP Advance(WF) packages that deliver double-sided cooling for improved heat dissipation, low resistance and small size, a statement said.
It also secure high heat dissipation and low On-resistance characteristics by mounting a U-MOS IX-H series chip -- a MOSFET with the latest trench structure -- into a DSOP Advance(WF) package that has a wettable flank terminal structure.
The U-MOS IX-H series also delivers lower switching noise than Toshiba´s previous U-MOS IV series, contributing to lower Electromagnetic interference (EMI).
The heat generated by conduction loss is effectively dissipated, improving the flexibility of thermal design. The products are used in the application of electric power steering, load switches and electric pumps.
Toshiba is among the leading general devices companies offering customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD. More information at https://toshiba.semicon-storage.com/ap-en/company.html.
-- BERNAMA
The products are housed in the DSOP Advance(WF) packages that deliver double-sided cooling for improved heat dissipation, low resistance and small size, a statement said.
It also secure high heat dissipation and low On-resistance characteristics by mounting a U-MOS IX-H series chip -- a MOSFET with the latest trench structure -- into a DSOP Advance(WF) package that has a wettable flank terminal structure.
The U-MOS IX-H series also delivers lower switching noise than Toshiba´s previous U-MOS IV series, contributing to lower Electromagnetic interference (EMI).
The heat generated by conduction loss is effectively dissipated, improving the flexibility of thermal design. The products are used in the application of electric power steering, load switches and electric pumps.
Toshiba is among the leading general devices companies offering customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD. More information at https://toshiba.semicon-storage.com/ap-en/company.html.
-- BERNAMA
Toshiba unveils new advanced microcontrollers for consumer and industrial equipment
KUALA LUMPUR, July 30 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has added the M3H Group to its TXZ™ Family of Arm® Cortex®-M-based microcontrollers for consumer and industrial equipment.
The new microcontrollers can be used in air-conditioners, washing machines, refrigerators, office automation equipment, housing and facility equipment, audio-visual equipment and motor control applications.
The company in a statement said the new products are now in mass production.
The M3H Group has two groups based on their functional level. M3H Group 1 offers standard functions, while M3H Group 2 offers an expanded package line-up and memory size and supports high-speed processing (80MHz).
Both groups offer a rich line-up with 13 packages (32 pins to 144 pins) and flash memory ranging from 32KB to 512KB.
The M3H Group is designed for motor control and to meet diverse requirements for consumer and industrial equipment.
Toshiba plans to release groups of microcontrollers for communications control for high-speed data processing and devices equipped with high-precision analog circuits for control of low- to medium-speed motors.
More details on https://toshiba.semicon-storage.com
--BERNAMA
The new microcontrollers can be used in air-conditioners, washing machines, refrigerators, office automation equipment, housing and facility equipment, audio-visual equipment and motor control applications.
The company in a statement said the new products are now in mass production.
The M3H Group has two groups based on their functional level. M3H Group 1 offers standard functions, while M3H Group 2 offers an expanded package line-up and memory size and supports high-speed processing (80MHz).
Both groups offer a rich line-up with 13 packages (32 pins to 144 pins) and flash memory ranging from 32KB to 512KB.
The M3H Group is designed for motor control and to meet diverse requirements for consumer and industrial equipment.
Toshiba plans to release groups of microcontrollers for communications control for high-speed data processing and devices equipped with high-precision analog circuits for control of low- to medium-speed motors.
More details on https://toshiba.semicon-storage.com
--BERNAMA
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