Wednesday, May 29, 2019

Have marketplace will fly: airfree raises € 2.3 million fund from business angels



KUALA LUMPUR, May 29 (Bernama) -- airfree, a French startup has received a €2.3 million support from its first round business angels, Shiseido and the Starburst accelerator. (€1 = RM4.68)

Also referred to as ‘Marketplace of the Sky’, airfree recently took off towards marketing its solution to airline companies, with the validation of a technical Proof of Concept, in partnership with Singapore Airlines' Krislab programme.

airfree, which created the first inflight duty-free product marketplace, has developed an e/m-commerce platform, which deeply transforms the experience of selling products inflight.

By making airport products and services available up in the air, the global offer will boost the sales of airport duty-free retailers, and increase airline revenue with an end-to-end solution by reducing satellite connectivity related costs, with a simple and optimised user experience.

For airline companies, airfree is an all-in-one solution that will allow their investments in connectivity equipment to be profitable, as well as offer a premium service to the passengers - a digital catalogue of more than 10,000 references.

Duty-free retailers receive additional revenue from a targeted and qualified audience for an extended period of time (during the whole flight).

Passengers enjoy a premium experience during flight time that gives access to all available products in duty-free shops, in transit or at the airport of arrival, on a click and collect model.

airfree aims to become the world's leading airline marketplace. More details on the company at www.airfree.aero

-- BERNAMA

Tuesday, May 28, 2019

Invivoscribe adds test menu at international clinical laboratories

KUALA LUMPUR, May 23 (Bernama) -- Invivoscribe Inc, a privately held biotechnology company, has expanded space and testing capabilities in its international network of accredited LabPMM® clinical laboratories.

Additions to the test menu will include morphology, IHC, flow cytometry, as well as the latest multiparameter flow- (MPF) and NGS-based minimal residual disease (MRD) testing of primary specimens.

The newly-added services will further support rapid patient diagnosis, study subject enrolment and stratifications.

They will be available by year-end in San Diego, followed by the clinical laboratories in Japan, Germany and China.

Invivoscribe chief scientific officer and chief executive officer, Dr Jeffrey Miller said the comprehensive test menu would eliminate the need for partners to split primary specimens, dramatically decreasing turnaround times and accelerating receipt of comprehensive test reports.

“This is especially, important for partners performing international clinical trials, as enrolment in frontline therapies often requires timely testing and reporting, which can be delayed when using multiple vendors.”

Invivoscribe’s wholly-owned LabPMM laboratories are accredited per regional requirement and the only clinical reference laboratories offering tests with bioinformatics software developed and manufactured by Invivoscribe in its FDA-registered cGMP facility.

-- BERNAMA

Monday, May 27, 2019

CHINA INTERNATIONAL BIG DATA INDUSTRY EXPO 2019 OPENS IN GUIYANG

GUIYANG, China, May 27, 2019 /Xinhua-AsiaNet/--

The China International Big Data Industry Expo 2019 kicked off on May 26 in Guiyang, the capital city of southwest China's Guizhou Province, a bellwether occasion to learn about the latest developments of the global big data sector.

It was the fifth consecutive year that Guiyang, also known as "China's Big Data Valley", held the event. Since 2015, the expo has become a highlight of the province.

http://mrem.bernama.com/viewsm.php?idm=34632

​AKWEL RECOGNISED BY JAGUAR LAND ROVER AND GENERAL MOTORS

FRANCE, May 24 (Bernama-GLOBE NEWSWIRE) -- On Tuesday 14th May 2019, AKWEL received a “Silver Award” from Jaguar Land Rover during its annual Supplier Excellence Awards ceremony held in Coventry (UK). Only 15 suppliers out of 3500 around the world were recognised for their extraordinary contribution to Jaguar Land Rover’s business, cost transformation and operational delivery over the course of the last year. Ian Harnett, Jaguar Land Rover Director of Global Purchasing, commented: “This year, we have faced unprecedented challenges across our business. Despite this, we have continued to produce more desirable, more refined and better quality cars than ever before. We could not achieve this without the suppliers that underpin our business. Our annual Supplier Excellence Awards are an opportunity for us to celebrate the suppliers and the people who collectively have worked hard and diligently these past 12 months.

The same week, AKWEL was named a GM Supplier of the Year by General Motors during its 27th annual Supplier of the Year awards ceremony held Wednesday, May 15 in Detroit (USA). During the event, GM recognized its best suppliers from 15 countries that have consistently exceeded GM’s expectations. “We hold our suppliers to a high bar,” said Steve Kiefer, GM senior vice president, Global Purchasing and Supply Chain. “They went above and beyond to deliver the innovations and quality that will help us earn customers for life.

http://mrem.bernama.com/viewsm.php?idm=34620

AM Best´s report expects captive domicile growth in Asia-Pacific

KUALA LUMPUR, May 17 (Bernama) -- AM Best in its new report expects to see significant growth of captive formations in Asia-Pacific (APAC) domiciles as economies grow and businesses seek new and more sophisticated ways of risk management and control.

In the Best’s Market Segment Report, ‘Asia-Pacific Captive Domiciles Poised for Growth’, AM Best looked at the state of APAC captive domiciles and reported that captive insurer growth to date had remained relatively slow, mainly due to the persistently competitive insurance market.

With abundant capacity available at cheaper costs, the benefits of establishing a captive may not seem particularly attractive. A lack of knowledge and understanding of captive insurance also pervades the APAC region.

However, businesses have expanded their use of captive insurance past providing cover for traditional property and liability risks into non-traditional classes of risk, such as cyber and trade credit.

The report stated that as Asia’s economies rose in prominence, fuelled by the growth of small and medium-sized enterprises, captive domiciles in APAC would thrive.

Singapore, Labuan and the Federated States of Micronesia stand out as established captive domiciles while China and Hong Kong, emerging as regulators have been keen to develop captive insurance in their jurisdictions.

AM Best is a global rating agency and information provider with a unique focus on the insurance industry. For more information, contact www.ambest.com.

-- BERNAMA

Teledyne DALSA charge-domain CMOS TDI camera currently in production

KUALA LUMPUR, May 15 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company and global leader in machine vision technology, has announced that its newest charge-domain CMOS TDI camera, the Linea HS, is in volume production.

“Multi-array TDI technology provides cutting-edge performance for today’s demanding vision applications. Various selectable stage combinations of both arrays enable best imaging results to meet different application requirements,” said senior product manager, Xing-Fei He.

The 16k camera offers 300 kHz line rate or 5 GPix/sec data throughput for high-performance imaging applications such as flat panel display, PCB and wafer inspection, gene sequencing, digital pathology and web inspection.

The key features include mono/HDR imaging with single or dual outputs; low noise and high sensitivity; active pixel assisted alignment; camera Link HS fibre optic interface for high reliability and long cable data transmission and lower system costs.

Teledyne DALSA is a part of the Teledyne Imaging group and leader in the design, manufacture and deployment of digital imaging components for machine vision. For more information, contact http://www.teledynedalsa.com/en/home.

-- BERNAMA

Sunday, May 26, 2019

​THAI WAH PUBLIC COMPANY LIMITED ACQUIRED 33.3% SHARES IN TAPIOCA DEVELOPMENT CORPORATION LIMITED FROM JAPAN CORN STARCH, TOKYO JAPAN

TOKYO, May 23 (Bernama-BUSINESS WIRE) -- Thai Wah Public Company Limited (“TWPC”), a listed company in Thailand, informed Japan Corn Starch (“JCS”) of its intention to acquire JCS’s 33.3% shares in Tapioca Development Corporation Limited (“TDC”) in order to potentially relocate the factory located in Pattaya Beach, Thailand, based on the expiration of the original lease agreement entered into thirty years ago. TWPC strongly requested JCS to transfer all of JCS stake in TDC for the smooth restructuring of TDC due to the expiration of the lease agreement. JCS understood TDC’s business strategy and its necessity to perform its obligation set forth in the lease agreement with its land owner for the lease of the land where the TDC’s factory has operated for thirty years. Therefore, JCS decided to agree to transfer all of its shares in TDC.

Given the foregoing background, effective as of April 24, 2019, JCS completed the transfer of all of its shares (33.33%) in TDC to Thai Wah Bio Power Limited (“TWBP”) which is a subsidiary company of TWPC. TDC is a manufacturer and distributor of modified starch in Thailand, and it was anticipated that the lease agreement with the land owner of the site of the factory in Pattaya Beach Thailand would not be renewed.

http://mrem.bernama.com/viewsm.php?idm=34606

​TOSHIBA STARTS SHIPMENT OF UL 508 CERTIFIED PHOTORELAYS FOR INDUSTRIAL CONTROL EQUIPMENT

TOKYO, May 23 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has obtained US safety standard UL 508 certification for the following nine photorelay products: DIP4 package series “TLP3556A,” “TLP3558A” and “TLP241A;” and DIP6 package series “TLP3543A,” “TLP3545A” and “TLP3546A;” and DIP8 package series “TLP3547,” “TLP3548” and “TLP3549.”

This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190521005403/en/

These certified photorelays, all commercially available, can be used in industrial control equipment that requires UL 508 certification, suiting them for use in a wider range of equipment marketed worldwide. These photorelays are also NRNT[1] certified.
The UL 508 standard includes stringent standards for parts. Solid state relays (SSR) are one such category of parts, and the resin temperature within an SSR is restricted to 105 ºC (upper limit) [2]. SSRs can be operated at temperatures up to the upper limit.
By using Toshiba UL certified products, users can manufacture control equipment compliant with the UL standard and maintain the thermal design margin required for SSRs.

Saturday, May 25, 2019

Kuala Lumpur's Hilton, Renaissance, Grand Hyatt named Asia Pacific's Top 50 Meeting Hotels

KUALA LUMPUR, May 23 (Bernama) -- Hyatt Regency Sydney has retained the number one position for the second year running, for the Top 50 Meeting Hotels in Asia Pacific, according to Cvent, a market leader in meetings, events, and hospitality technology.

Following Hyatt Regency Sydney, the top 10 are Grand Hyatt Singapore, Grand Hyatt Seoul, Grand Hyatt Hong Kong, Pan Pacific Singapore, InterContinental Sydney, Hilton Tokyo, Singapore’s Shangri-La Hotel, ANA InterContinental Tokyo and Marina Bay Sands Singapore.

Also listed were Kuala Lumpur’s Hilton, Renaissance and Grand Hyatt which clinched the 17th, 23rd and 40th place, respectively.

Hotel properties have been evaluated from January 2018 through December, based on criteria designed to provide the most accurate reflection of the top meeting hotels in the United States, Europe, Middle East and Africa and Asia Pacific regions.

The list compiled by analysing meeting and event booking activities through the Cvent Supplier Network (CSN) has ranked the venues based on MICE (Meetings, Incentives, Conferences and Exhibitions), according to various criteria including total requests for proposals and conversion rate.

CSN features more than 260,000 hotels, resorts and special event venues. The platform contains listings of hotels and other venues in more than 175 countries that can be searched and filtered based on approximately 200 meetings and event attributes.

Full list of the winner is available at https://www.cvent.com/microsites/cvents-2019-top-meeting-hotels/cvents-top-50-meeting-hotels-in-apac or visit https://www.cvent.com.

-- BERNAMA

Friday, May 24, 2019

Asahi shines in choice of smartTrade for precious metal trading platform

KUALA LUMPUR, May 23 (Bernama) -- Asahi Pretec, a precious metal recycling company has selected smartTrade Technologies as technology provider to deliver its next generation precious metal trading platform, with NTT Data as a partner.

Under the initiative, smartTrade, a global leader in multi-asset, end-to-end trading solutions will provide connectivity to the markets, pricing and distribution as well as risk and post-trade management.

“smartTrade’s sophisticated hosted solution will provide low latency connectivity, high flexibility and customisable pricing and distribution, which in turn will enhance Asahi’s offering,” said smartTrade chief executive officer, David Vincent.

Asahi Pretec was searching for a solution that would allow the company to expand its operations and be flexible enough to accommodate existing and future businesses as well as regulatory requirements.

“Not only does smartTrade’s high quality proven technology comprehensively address our specific business needs, it also ensures a fast and quick time to market,” said Asahi Pretec president, Hiroyuki Nakanishi.

For more information, contact https://www.smart-trade.net or https://www.asahiholdings.com.

-- BERNAMA

​TRADING TECHNOLOGIES LAUNCHES CONNECTIVITY TO COINFLEX, WORLD'S FIRST PHYSICALLY DELIVERED CRYPTO FUTURES EXCHANGE

SINGAPORE, May 21 (Bernama-BUSINESS WIRE) -- Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced that connectivity to CoinFLEX, the world’s first physically delivered bitcoin futures exchange, is now available to eligible professional and retail traders outside the U.S. through the TT® trading platform.

With this new link to CoinFLEX, TT users who are eligible to trade on CoinFLEX now have access to the world’s first physically delivered stablecoin-to-stablecoin futures contract, offering Tether (USDT) against Circle’s USD Coin (USDC). These stablecoins are pegged to the U.S. Dollar and allow traders and investors to trade on global cryptocurrency markets without dealing with slow and expensive bank wires.

http://mrem.bernama.com/viewsm.php?idm=34592

Tuesday, May 21, 2019

NRI FT INDIA AND DIGITAL ASSET TO DELIVER DAML DRIVEN APPLICATIONS TO CAPITAL MARKETS

KOLKATA, India, May 21 (Bernama-BUSINESS WIRE) -- Nomura Research Institute Financial Technologies India Pvt. Ltd. (NRI FT India), a wholly-owned subsidiary of Nomura Research Institute (NRI) (TOKYO: 4307), has partnered with Digital Asset to create innovative capital markets applications using DAML, the open source smart contract language created by Digital Asset to synchronize business processes and make transaction workflow more transparent and efficient.
 
DAML is used to model business processes using smart contracts, capturing the rights and obligations associated with any asset class, business transaction or complex multi-party workflow to drive automation and efficiency. DAML is a core component of a number of Digital Asset projects and proofs of concept, including those with the ASX, HKEX and other market infrastructure providers.
 
Mr. Maulindu Chatterjee, Head of Global Delivery at NRI FT India said, “Our rich domain expertise in capital markets and years of experience delivering mission-critical solutions has helped us rapidly establish competencies with DAML, a technology we find is getting adopted by major markets in the APAC region such as ASX & HKEX.”
 
“Importantly,” Chatterjee added, “DAML has significantly enriched our capabilities as we build out complex enterprise workflows for a range of financial products. NRI FT India was able to develop multiple Proof of Concepts with DAML Smart Contracts within a short span of just five months. NRI FT India is looking forward to expanding the work we’re doing with Digital Asset in the Australian, Hong Kong and Japanese markets. Our collaboration with Digital Asset is a major strategic business opportunity for us.”
 
“We are delighted to partner with NRI FT India - its deep expertise and global delivery capability will help us scale our solutions and meet the rigorous needs of systemically consequential capital market infrastructures and financial institutions in APAC,” said Jon Rout, Business Development Director Asia Pacific for Digital Asset. We look forward to expanding the work we are doing with NRI FT India on significant client engagements and exploring new business opportunities together in the future.”
 
About DAML

DAML is an open source functional programming language designed specifically for use in multi-party business processes. DAML abstracts away the underlying complexities of blockchains and database technologies, allowing developers to focus on the logic of the applications they are building. For more information about DAML, please visit daml.com
 
About Digital Asset

Founded in 2014, Digital Asset is a leading provider of distributed ledger technology (DLT) solutions that solve real-world business challenges. The company combines deep industry expertise with advanced technologies, including DAML, an intuitive smart contract language, to help clients streamline multi-party business processes on distributed platforms. To learn more about Digital Asset, please visit https://www.digitalasset.com. To learn more about DAML, please visit https://www.daml.com.
 
About Nomura Research Institute Financial Technologies India Pvt. Ltd

Founded in 2001, Nomura Research Institute Financial Technologies India Pvt. Ltd. (NRI FT India) is a wholly-owned subsidiary of Nomura Research Institute (NRI). NRI FT India provides a range of reliable, scalable and adaptable IT Solutions to capital market entities around the world and has established the technical excellence and successful implementation track records in developed markets like Japan, Australia, USA, UK, Hong Kong, Singapore, as well as emerging markets like Thailand, Sri Lanka and Mongolia. To learn more about NRI FT India, please visit www.nrifintech.com.
 
About Nomura Research Institute (NRI)

Founded in 1965, NRI is a leading global provider of system solutions and consulting services, including management consulting, system integration, and IT management and solutions for financial, manufacturing, retail and service industries. Clients partner with NRI to expand businesses, design corporate structures and create new business strategies. NRI has about 13,000 employees in more than 50 offices globally including New York, London, Tokyo, Hong Kong, Singapore, and Australia. NRI reports annual sales above $4.2 billion. For more information, visit www.nri.com/en

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Wednesday, May 15, 2019

​AENEAS CAPITAL AND PYRINAS TARGET LAUNCH OF US$120M FUND TO DEVELOP CO-WORKING LABORATORY ECOSYSTEMS FOR LIFE SCIENCES START-UPS IN THE UNITED STATES

HONG KONG, May 16 (Bernama-BUSINESS WIRE) --
  • Aeneas Capital and Pyrinas, both affiliated companies to Aptorum Group Ltd (Nasdaq: APM), is launching its flagship fund - Pyrinas US Healthcare Real Estate Fund 1 SP – to acquire and develop co-working space and incubator facilities for the life sciences sector in the United States;
  • Opportunity to invest in one of the most vibrant real estate sectors in the U.S. that is currently not available in most of the Asia Pacific countries. A great geographical and asset class diversification of Asia Pacific real estate investment;
  • Tap into the life sciences sector that generally has one of the highest barriers to entry amongst different industries;
  • Experienced and unique advisory/management team in this specific sector with established operation track record.
Aeneas Capital Limited (“ACL”) and Pyrinas Real Estate Management Limited (“Pyrinas”), based in Hong Kong, is launching a US$120m innovative closed-ended property fund – Pyrinas US Healthcare Real Estate Fund 1 SP – with a geographical focus on selected cities across North America. Supported by the ecosystem of its affiliated company, Aptorum Group (Nasdaq: APM), the fund’s key investment objective is to acquire and redevelop real estate into shared laboratories and incubator facilities for life science sector start-ups, one of the most vibrant sectors in North America. The fund will focus its investments in primarily four North America mandated cities (namely Cambridge, Boston, Houston, and San Francisco in the United States and Toronto in Canada).

PAYVISION CELEBRATES ITS 1ST ANNIVERSARY WITH ING WITH OVER 50% GROWTH AND A BRAND-NEW VISUAL AND SONIC IDENTITY

AMSTERDAM, The Netherlands, May 15 (Bernama-GLOBE NEWSWIRE) --Payvision, a global payments fintech player celebrates its one-year partnership with ING, one of the largest European banks, with a brand-new visual and sonic identity, marking the company’s shift into a new era. Payvision had an excellent year in 2018, fueled by its strategic partnership with ING, a complete rebranding process, and more than a 50% increase in transaction volume.

During the first year, the ING-Payvision partnership brought forward an exclusive blend of payments and banking products to the industry, positioning the two as a financial services powerhouse. Besides serving merchants across the globe with a data-driven, omnichannel payments platform, the combined proposition also integrates Internet of Things capabilities from both companies, such as FINN, into a wider fintech ecosystem. This empowers Payvision to accommodate any payment method a merchant could ask for; from traditional cards, to Apple Pay, soon to be introduced by ING in the Netherlands, as well as invisible payment capabilities in the future. In 2018, the strategic focus was placed on serving mid-sized merchants in Belgium and the Netherlands, and large corporates with a global reach. During 2019, this is planned to be extended to all SME customers of ING.

http://mrem.bernama.com/viewsm.php?idm=34555

Monday, May 13, 2019

​KOREAN DIGITAL MARKETING GROUP CREATIP REBRANDS SUCCESSFULLY

SEOUL, South Korea, May 13 (Bernama-BUSINESS WIRE) -- Creatip (CEO: Daniel Kong), a global digital marketing group, rebranded itself to improve the efficiency of communication with potential global customers.

Founded in 2008, the Korean digital marketing group has provided global customers with marketing performances and full social media marketing services. The company is rapidly growing recently, expanding its area into digital video making and marketing consulting.

http://mrem.bernama.com/viewsm.php?idm=34537

Takeda accelerates deleveraging via two divestitures

KUALA LUMPUR, May 9 (Bernama) -- Takeda Pharmaceutical Company Limited (Takeda) has entered into agreements to divest its Xiidra® (lifitegrast ophthalmic solution) 5% product (Xiidra®) to Novartis and its TachoSil® Fibrin Sealant Patch (TachoSil®) to Ethicon.

The two divestitures are part of Takeda’s strategy to focus on business core areas to its long-term growth and facilitate rapid deleveraging following its acquisition of Shire.

Takeda will receive US$3.4 billion upfront in cash and up to an additional US$1.9 billion in potential milestone payments from Novartis, and approximately US$400 million upfront in cash from Ethicon. (US$1=RM4.15)

It will use the proceeds to reduce its debt and accelerate deleveraging towards its target of 2.0x net debt/adjusted EBITDA in the medium term.

Takeda president and chief executive officer, Christophe Weber said: “We are working to strategically simplify and optimise our portfolio, while also rapidly deleveraging and continuing to invest in our growth drivers as a global, values-based, R&D-driven biopharmaceutical leader.”

Takeda will focus on its key business areas – gastroenterology, rare diseases, plasma-derived therapies, oncology and neuroscience.

This focus enables the pharmaceutical company to continue to deliver highly-innovative medicines and transformative care to patients worldwide, creating long-term value for its shareholders.

Both agreements are expected to close in the second half this year, subject to the satisfaction of customary closing conditions, receipt of required regulatory clearances and, where applicable, satisfaction of local works council requirements.

More details at https://www.takeda.com

-- BERNAMA

Friday, May 10, 2019

SYNCHRONOSS TEAMS UP WITH AMAZON TO PROVIDE GLOBAL SERVICE INTEGRATION TO MOBILE OPERATORS

Synchronoss DXP to help enable mobile operators to offer Amazon’s digital services

BRIDGEWATER, N.J., May 9 (Bernama-GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging, digital and IoT products, today announced that their Digital Experience Platform (DXP) will enable mobile operators globally to offer Amazon consumer services to their customers as part of their invoice.

Glenn Lurie, President and CEO, Synchronoss, said, “Teaming up with Amazon will facilitate dynamic customer journeys for mobile subscribers to access Amazon services through a payment relationship with their local operator. These types of high-value service and content partnerships will be critical in helping operators improve customer engagement as we look to help them overcome complexity and generate additional revenue, and for customers it gives them the option to access services with a credit card or as added value in their plans.”

http://mrem.bernama.com/viewsm.php?idm=34520

​THE WE COMPANY Q1 2019 FINANCIAL RESULTS CONFERENCE CALL

NEW YORK, May 9 (Bernama-BUSINESS WIRE) -- WeWork Companies Inc. (the “Company”), as issuer of its 7.875% Senior Notes due 2025 (the “Senior Notes”), will hold a conference call on Wednesday, May 15, 2019, at 4:00 P.M. Eastern Time for the benefit of certain qualified participants in order to discuss the Company’s financial results for the first quarter of 2019.

Current holders and beneficial owners of the Senior Notes, bona fide prospective purchasers of the Senior Notes who are qualified institutional buyers (as defined in Rule 144A under the Securities Act of 1933) or non-U.S. persons (as defined in Regulation S under the Securities Act of 1933), securities analysts, and market-making financial institutions may gain access to the call information for the conference call by registering on the Company’s secure website at investors.wework.com. Additional information about the call (including dial-in number) will be provided on the secure website.

http://mrem.bernama.com/viewsm.php?idm=34518

LeddarTech provides enhanced safety in May Mobility autonomous shuttle

KUALA LUMPUR, May 8 (Bernama) -- LeddarTech, an industry leader in automotive and mobility LiDAR technology has been selected by May Mobility to provide enhanced safety in its autonomous shuttle deployments.

LeddarTech’s solid-state Cocoon LiDAR solution is designed to create a complete 360-degree cocoon and deliver a higher degree of safety related to collision prevention in autonomous shuttle applications.

Powered by Leddar technology, the selected LiDAR solution provides the optimal balance of performance and cost-effectiveness required for successful commercial deployment of autonomous mobility services, according to a statement.

“Safety is at the heart of May Mobility’s core DNA, and the LeddarTech Cocoon LiDAR solution meets our requirements to ensure that our autonomous vehicles achieve the highest level of safety for our users,” said May Mobility chief technology officer, Steve Vozar.

Meanwhile, LeddarTech vice-president (Global Sales and Business Development), Adrian Pierce said: “It is with great pride we announce our selection by May Mobility as a trusted LiDAR solution supplier and to support their mission of making transportation safer.”

The collaboration between LeddarTech and May Mobility brings enhanced security to all passengers of May Mobility’s vehicles and this collaboration will continue for future autonomous fleet deployments. For more information, contact https://leddartech.com.

-- BERNAMA

Thursday, May 9, 2019

Polyplastics´ new polyoxymethylene grade combines durability, sliding performance

KUALA LUMPUR, May 9 (Bernama) -- Polyplastics Co Ltd, a leading global supplier of engineering plastics has launched a new polyoxymethylene (POM) grade, DURACON POM WW-09, which combines high strength with good creep and sliding properties.

DURACON POM WW-09 delivers better mechanical properties by using high-molecular weight polymers and employing Polyplastics’ original molecular design and polymerisation technologies to achieve high initial strength and creep properties.

The new material fills the need for sliding grades that require durability in high-load and high-weight conditions for thin walling to achieve lighter weight and better space efficiency, according to a statement.

In addition, DURACON POM WW-09 has highly-rated mechanical properties compared to existing sliding grades, and offers similar good sliding properties as other sliding grades. Nevertheless, it was designed with a capability to provide noise reduction during sliding.

Polyplastics also announced plans to exhibit at the upcoming Chinaplas 2019 show from May 21 to 24 in Guangzhou, China. For more information, contact https://www.polyplastics.com/en/product/lines/pom_ww09/index.html

-- BERNAMA

​EPIQ ANNOUNCES PLAN TO BOLSTER SOLUTIONS AND LEADERSHIP

Michelle Deichmeister Joins Epiq to Lead Global Business Transformation Solutions

NEW YORK, May 7 (Bernama-GLOBE NEWSWIRE) -- Epiq, the global leader in the legal services industry, announced today that Michelle Deichmeister has joined as president and general manager to lead its global business transformation solutions business. Deichmeister, a seasoned executive who excels at driving enterprise growth and profitability, brings to Epiq more than 30 years of senior leadership and management experience.

Deichmeister has significant experience leveraging global operational scale through process discipline and a track record of delivering exceptionally high levels of client satisfaction.  She will be responsible expanding the range of solutions from business process solutions to new, technology-enabled business process outsourcing (BPO) and transformation solutions focused on law firms and expanding into corporate legal departments in the finance and banking, oil and gas, pharmaceutical, and technology verticals.

http://mrem.bernama.com/viewsm.php?idm=34496

Wednesday, May 8, 2019

AKWEL records financial increase in first-quarter 2019

KUALA LUMPUR, May 3 (Bernama) -- AKWEL, the equipment and systems manufacturer for the automotive and heavy goods industries has recorded consolidated turnover of €293 million in the first quarter of 2019. (€ 1= RM4.62).

The turnover shows an increase of 4.6 per cent compared to the first quarter of 2018, according to a statement.

The start of the year, in line with forecasts has confirmed expectations of new growth in AKWEL’s business in 2019, with a return to positive free cash flow, and remains in line with the target of achieving a turnover in the region of €1.2 billion by next year.

The company’s products and functions turnover was also up 4.2 per cent at €281 million. Its cooling product line saw accelerated growth with a 22.1 per cent increase which accounted for more than a quarter of the company’s business.

AKWEL also reported its net debt as of March 31, standing at €32.9 million, a reduction of €7.7 million compared to Dec 31, 2018.

-- BERNAMA

Tuesday, May 7, 2019

​SHARJAH GRANTS US$ 1.1 MILLION TO LEBANON'S AMEL INTERNATIONAL FOR OUTSTANDING HUMANITARIANISM SINCE 1979

SHARJAH, United Arab Emirates, May 3 (Bernama-BUSINESS WIRE) -- Amel Association International, an independent non-sectarian Lebanese NGO has been granted US$ 1.1 million by the emirate of Sharjah, in recognition of its outstanding efforts in protecting human rights, and providing education, child protection and livelihood opportunities to those affected by the Lebanese civil war that broke out in 1975.

The grant was offered to the Lebanese NGO during the Sharjah International Award for Refugee Advocacy and Support (SIARA). It aims to significantly bolster the efforts of the non-profit organisation, which has been working tirelessly since 1979 to provide emergency as well as rehabilitation assistance to those in need. Last year, the organisation’s beneficiaries exceeded 100,000, including 50,000 women and children.

http://mrem.bernama.com/viewsm.php?idm=34485

Friday, May 3, 2019

Unisys, Dell EMC enhance protection for cyber recovery operations

KUALA LUMPUR, May 2 (Bernama) -- Unisys Corporation has announced its Unisys Stealth security software suite is integrated with Dell EMC Cyber Recovery software to provide enhanced protection to clients’ cyber recovery operations.

The integrated solution will be available, beginning next month, according to a statement.

Unisys and Dell EMC deliver secure solutions to demanding environments, including government, banking, airline reservations and cargo handling, addressing high-transaction environments supporting police, port, defence agencies and commercial enterprises worldwide.

“With Stealth and Dell EMC Cyber Recovery, organisations can be confident in their ability to restore business operations after a cyber attack,” said Unisys (Enterprise Solutions) senior vice-president and president, Eric Hutto.

Stealth, which includes Dynamic Isolation capabilities to quickly isolate devices or users at the first sign of compromise, reduces attack surfaces in these environments by creating dynamic, identity-driven micro-segments called communities of interest (COIs).

By establishing secure COIs, Stealth separates trusted systems, users and data from the untrusted which further reduces attack surfaces by encrypting all communication between Stealth-protected assets and cloaking the assets from unauthorised users.

Stealth will also increase security for users of Dell EMC Cyber Recovery whereby, organisations can resume business operations quickly, following ransomware or destructive cyberattacks.

For more information, visit https://www.unisys.com.

-- BERNAMA

​CLOUDFLARE ANNOUNCES GLOBAL GROWTH IN FIRST QUARTER OF 2019

The company now protects more than 16 million Internet properties and has more than 175 data centers globally

SAN FRANCISCO, May 3 (Bernama-BUSINESS WIRE) -- Cloudflare, the leading Internet performance and security company, today announced company momentum and growth from the first quarter of 2019. Cloudflare now protects more than 16 million domains, websites, APIs, mobile applications, and anything connected to the Internet, up from just 8 million one year ago.

“The first quarter is an important one for any company, and we took the opportunity to build out our board, grow our global footprint, and open new offices in key locations around the world,” said Matthew Prince, co-founder and CEO of Cloudflare. “Cloudflare has continued to expand its network to bring our services to users everywhere, while continuing to scale our company.”

http://mrem.bernama.com/viewsm.php?idm=34481

Aegis Security notches world's first mini-computer fully protecting Internet anonymity

KUALA LUMPUR, April 30 (Bernama) -- Aegis Security Manufacturing Limited has begun sales of its Aegis One, the world's first mini-computer that fully protects user anonymity on the Internet and information stored in the internal memory of the device.

The compact device contains a modern ARM Cortex 1.4Ghz processor, a full-featured 2.8-inch colour display with a resolution of 320 * 240 pixels, an all-metal aluminium case and an internal memory in the range from 16Gb to 256Gb.

The software systems integrated into Aegis One include:

Aegis VPN - a private virtual network with its own server architecture with communication channels up to 1 gbit, fully secured connection and no logs;

Aegis Crypt - a modern data encryption system according to the AES-XTS-PLAIN64 standard which requires a password to enter the system during the boot process; and,

Aegis Firewall - a professionally configured firewall that blocks and filters all incoming and outgoing data.

The system is built on the Debian distribution, which is distinguished by a high level of reliability, friendly interface and extensive personalisation options that allow the user to install the necessary programmes for work and entertainment applications.

The new device is also able to store cryptocurrency, allowing the user to create an account in more than 85 popular coins in minutes, while the security and encryption system will reliably protect user funds.

Aegis One is available for as low as £299 with international free shipping worldwide, and one year warranty. ( £1 = RM5.35)

-- BERNAMA

Thursday, May 2, 2019

Singapore´s Seletar Business Aviation Centre takes off

KUALA LUMPUR, May 2 (Bernama) -- Universal Aviation Singapore is celebrating the official inauguration of the new Seletar Business Aviation Centre (SBAC) and its new operations offices.

“The official grand opening of the new SBAC is a historic moment in the history of business aviation in Singapore, and will elevate the experience of private operators to the Seletar Airport (WSSL),” said Universal Weather and Aviation, Inc chairman, Greg Evans.

“This beautiful facility will raise the bar for airports in the region by offering an elevated level of privacy, efficiency and luxury for business aviation operators and potentially, positions Singapore as the most business aviation friendly country in the region.”

SBAC operations are co-managed by a joint venture consortium, SATS Seletar Aviation Services Pte Ltd, made up of Universal Aviation Singapore; SATS Ltd; and, Jet Aviation, according to a statement.

“We’ve made significant infrastructure and training investments at Seletar in order to continue to support our clients’ critical missions at this high-traffic and potentially high-stress airport,” said Universal Aviation Singapore managing director, Yvonne Chan.

For more information, contact www.universalaviation.aero/singapore.

-- BERNAMA

SOLARWINDS PINGDOM NAMED EXCLUSIVE WEB APM TOOL FOR LOOPIA

AUSTIN, Texas, May 2 (Bernama-GLOBE NEWSWIRE) -- SolarWinds(NYSE:SWI), a leading provider of powerful and affordable IT management software, today announced a partnership with Loopia AB, based in Sweden and one of the largest web and domain hosting providers in the Nordics, whereby the company has selected SolarWinds® Pingdom® as its exclusive web application performance monitoring (APM) solution. Loopia will include Pingdom in its custom package to over 500K business plans, giving Loopia customers the ability to monitor the uptime and availability of their websites and critical web pages.

Pingdom is a web application performance and availability monitoring solution that uses more than 100 global test servers to provide an outside-in user perspective of web experiences. With the Pingdom uptime checks provided by Loopia, users will be able to receive real-time alerts when issues arise, run tests to quickly resolve problems, and spot trends through easy-to-understand reports to proactively manage and avoid potential risks in the future.

http://mrem.bernama.com/viewsm.php?idm=34466

​SIGMA SYSTEMS ANNOUNCES SALE OF COMPANY TO HANSEN TECHNOLOGIES

TORONTO, May 2 (Bernama-BUSINESS WIRE) -- Sigma Systems, the global leader in catalog-driven software is pleased to announce its acquisition by Hansen Technologies, a leader in billing, data management and customer care solutions for the Energy, Water, Pay-TV, and Telecommunications industries. Upon closing of the sale, Hansen will acquire full ownership of Sigma Systems. Hansen Technologies is a publicly traded company listed on the Australian Stock Exchange (ASX:HSN).

In today’s highly disruptive environment, service providers are focusing on how to accelerate product and service innovation, transforming their businesses into digital organizations that can more effectively create new innovative offerings, sell them without friction in the customer’s channel of choice, and deliver those services as promised. From digital service innovation through to revenue realization and customer support, the acquisition of Sigma and the resulting combined product offerings of the two companies will further strengthen and expand the value proposition across the Telecom, Media, IoT, Energy and Utilities industries we serve. The combination of these two fast-growing companies creates an even stronger organization with greater expertise, a deeper bench of talented delivery specialist, expanded R&D scale and a broader diversification of our business across industry verticals.

http://mrem.bernama.com/viewsm.php?idm=34457

Unisys CloudForte(TM) for Hybrid speeds digital transformation

KUALA LUMPUR, May 2 (Bernama) -- Unisys CloudForte(TM) managed-service solution is now available for hybrid cloud environments, encompassing private and public clouds, as well as conventional data centre resources.
This follows the announcement by Unisys Corporation during the Dell Technologies World 2019 in Las Vegas recently.
CloudForte(TM) for Hybrid provides a guardrail against excessive complexity and expenses as organisations accelerate their digital transformation.
The solution also enables organisations to leverage their existing investments in IT resources while integrating new capabilities to accelerate secure digital transformation.
CloudForte(TM) can also automate cloud operations for anytime, anywhere access to computing resources, speed application modernisation across the integrated environment and streamline governance across the cloud lifecycle.
The solution can be widely used at Amazon Web Services and Microsoft Azure public-cloud environments, which can be integrated securely into the CloudForte for Hybrid ecosystem.
Unisys, Infrastructure Transformation Services Vice-President, Chris Wick said digital transformation and organisation-wide cloud adoption were rapidly accelerating, but could be unexpectedly difficult to govern and optimise.
"CloudForte for Hybrid provides a services-driven offering that empowers organisations to create a cloud-enabled digital IT environment by integrating and managing all their IT resources smoothly, securely and cost-efficiently."
More details at http://www.unisys.com/

-- BERNAMA