ISACA Announces 2023-2024 Board Of Directors

KUALA LUMPUR, July 27 (Bernama) -- Global digital trust association, ISACA has introduced its 2023-2024 Board of Directors, bringing deep tech, finance and business expertise and a strong global perspective

The board which includes three new directors and ISACA Chief Executive Officer (CEO), Erik Prusch, will be helmed by new board chair John De Santis, past ISACA vice chair and a technology executive with more than three decades of experience in software, networking and information security.

“It is an exciting time as we welcome ISACA’s new board of directors—talented leaders from across the world with unparalleled experience and dedication to advancing digital trust professions and serving our global community,” said Prusch in a statement.

Meanwhile, De Santis said: “My term as board chair comes at an especially promising time for the organisation with the recent announcement of ISACA’s new CEO, Erik Prusch. I look forward to supporting him and our dedicated staff team in advancing our professional community.”

De Santis is a technology executive, and past chairman and CEO of HyTrust, an information technology (IT) infrastructure security software company, and currently serves on the fiduciary boards of Cequence Security and ValiMail, leading innovators in the cybersecurity space.

A company-builder based in New Hampshire, United States (US), he has more than 30 years of international and US-based experience at venture-backed technology start-ups as well as at large global public companies in the telecom and IT fields.

Stepping into the vice chair role on ISACA’s board is Brennan P. Baybeck, Senior Vice President & Chief Information Security Officer for Customer Success Services at Oracle Corporation.

Baybeck has more than 30 years of experience in IT security, governance, risk, audit and consulting, and has worked in various industries designing, implementing and operating enterprise-wide programmes to address global security risks.

He is also a long-time ISACA volunteer, having served as a chapter board leader for over 13 years and as ISACA board chair from 2019-2020.

Three new directors joined the ISACA board for the 2023-24 term were Stephen Gilfus, Jason Lau and Massimo Migliuolo. In total, 13 leaders were installed on the Board of Directors during ISACA’s Annual General Meeting held in Prague and virtually.

-- BERNAMA

WISTAR-LED TEAM AWARDED MORE THAN $12 MILLION GRANT FROM THE NCI TO INVESTIGATE LINK BETWEEN EPSTEIN-BARR VIRUS AND CARCINOMAS

PHILADELPHIA, PA, July 27 (Bernama-GLOBE NEWSWIRE) -- It’s been known since the 1960s that Epstein-Barr Virus (EBV) causes a variety of cancers, but research has overwhelmingly focused on its connection to lymphomas. Now, a multidisciplinary team of scientists led by The Wistar Institute has been awarded a more than $12 million National Cancer Institute (NCI) Program Project Grant (P01), a highly competitive five-year grant that includes a crosssection of researchers from various disciplines and institutions throughout the country. The multidisciplinary team led by Wistar scientists is exploring the role of Epstein-Barr Virus in epithelial cancers. Epithethelial cells form functional structures in organ tissue throughout the human body; they are often the site for solid organ cancers, including the most common cancers, which are known as carcinomas.

The new research will focus on basic questions about how EBV infection of normal epithelial cells transforms them into cancer-cells. Scientists also intend to build on this research to identify better and more selective therapeutic targets.
 
“We are investigating unexplored aspects of EBV and malignancies, potentially uncovering unique characteristics or pathways that can be targeted for therapeutic intervention,” said Italo Tempera, Ph.D., associate professor of the Gene Expression & Regulation Program of the Ellen and Ronald Caplan Cancer Center at The Wistar Institute. “This fresh perspective could lead to groundbreaking discoveries and innovative treatment strategies for EBV and epithelial malignancies.”

The project brings together scientists from The Wistar Institute and Harvard University, including experts in epigenetics, metabolomics and drug discovery. It’s the first time researchers from this variety of disciplines have combined their efforts to focus entirely on the EBV-epithelial cancer link.

“We’ve put together a new strategy, a new way of attacking the problem,” said Paul Lieberman, Ph.D., Hilary Koprowski, M.D., Endowed Professor and director of the Center for Chemical Biology and Translational Medicine at Wistar. “By working together across different modalities, there’s an opportunity for each of us to learn from the synergy and expertise of the other investigators.”

EBV is one of the most common human viruses, infecting an estimated 95% of people by the time they reach adulthood. Symptoms are usually mild, and most people recover within a few weeks. However, the virus can remain latent in the human body for years or even decades, and it causes some people to develop cancer later in life. 

While research has historically focused on lymphomas, EBV-linked epithelial cancers are both more common and more deadly. Epithelial cancers represent 75% of the 200,000 EBV-related cancer cases diagnosed each year, and these cancers also have higher mortality rates and treatment failures. 

“This grant put together a team that is now focused on this type of cancer that has been neglected, even though it’s the most common form of EBV cancers,” Lieberman said. The grant will fund three main research projects. The first will look at how EBV establishes a long-term infection within epithelial cells. The second will study how it causes genetic and metabolic changes to trigger cancer growth. Finally, researchers will use these findings to investigate new therapeutic strategies. 

The research builds on past work by Lieberman’s lab, which has focused on developing small molecule inhibitors targeting EBV. He said the new project would focus on studying drugs that are already in development, and looking for ways to make them more targeted or use them in combination with other therapies. 

Tempera said the group’s integrated approach sets it apart.“Our project will study both metabolic and epigenetic vulnerabilities simultaneously,” he said. “Combining these two aspects can provide a comprehensive understanding of the role of EBV infection in cancer and its underlying mechanisms, leading to unique insights and therapeutic opportunities.” 

Co-authors: Ben Gewurz of Harvard; Joseph Salvino, Samantha Soldan, Andrew Kossenkov, Louise Showe, and Qin Liu of Wistar.

Darien Sutton
The Wistar Institute
215-870-2048
dsutton@wistar.org

SOURCE : The Wistar Institute

PUBMATIC UNVEILS HOLISTIC COMMERCE MEDIA OFFERING WITH THE LAUNCH OF CONVERT

IPG Mediabrands, Coles 360, dentsu, Lyft Media, MiQ, and Wallapop Leverage PubMatic Technology to Drive Onsite and Offsite Performance

NO-HEADQUARTERS/REDWOOD CITY, Calif., July 26 (Bernama-GLOBE NEWSWIRE) -- PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, today announced Convert, a unified self-service advertising platform for commerce media. Built on PubMatic's global cloud infrastructure, Convert is tailored for commerce media networks and their advertisers, enabling both onsite and offsite monetization, including sponsored listing ads and CTV. Convert helps commerce media networks leverage their valuable first-party data for audience extension at scale across the open internet. 

Leading industry brands, retailers, and advertisers such as IPG Mediabrands, Coles 360, dentsu, Lyft Media, MiQ, and Wallapop have joined PubMatic as partners in the development and announcement of its commerce media platform.

The new offering is built for both traditional retailers as well as a wide variety of transaction-based businesses such as transportation or food delivery providers, travel companies, or any scaled Internet company that processes transactions.

According to GroupM, the global commerce media market is projected to surpass $140 billion by 2025. The emerging commerce media digital supply chain is rife with fragmentation, causing commerce media networks and their advertisers to rely on multiple technology layers that drive inefficiencies.

Convert empowers commerce media networks with a single, self-service platform that streamlines the complex and fragmented commerce media marketplace. It brings together essential monetization and optimization capabilities across sponsored listings, CTV, video, and display ad formats. An unbiased, privacy-centric full-stack solution, Convert ensures transparency in fee and pricing structures along with automation and scalability for commerce media networks and advertisers.

The new platform complements PubMatic’s existing commerce media capabilities offered via Connect, the omnichannel addressability solution launched in 2022 that enables data access and control on the sell-side, closer to the consumer. The number of commerce companies leveraging Connect for audience extension continues to increase as they seek new, high-margin revenue streams to supplement their traditional business lines. In Q2 2023, PubMatic saw a 50% increase in the number of commerce customers year-over-year.

“We are looking forward to working with PubMatic on solutions that align with our goal of unifying retail media,” said Glen Conybeare, Executive Lead, Retail Media, IPG Mediabrands. “There is a great opportunity for us to help our brands navigate this space and retail partners are a key part of our platform ecosystem, especially those that can work on a global scale.”

“The rise of retail media is well-documented and the potential for it to create impactful experiences for consumers and deliver business growth is immense,” said Paul Brooks, General Manager, Coles 360, part of Coles Group, one of Australia’s largest retailers. “We are seeing a lot of companies evolving their capability to move into the retail media sector, PubMatic is moving quickly and their product development and investments in retail and commerce media are testament to this fact.”

“denstu is committed to driving innovation and integration for commerce media advertisers across the open internet,” said Bruce Williams, EVP, Head of Performance Marketing at dentsu Media US. “By partnering with PubMatic, dentsu can leverage valuable commerce and retail data to enable advanced targeting and reporting and drive performance across the entire media supply chain. With the help of PubMatic, we’re advancing our end-to-end outcome-centered approach for media activation and delivering more holistic strategies across brand and commerce media for our clients.”

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NIPPON EXPRESS (VIETNAM) OPENS NX VSIP II LOGISTICS CENTER IN BINH DUONG PROVINCE

TOKYO, July 26, 2023 /Kyodo JBN-AsiaNet/ -- 

Nippon Express (Vietnam) Co., Ltd. (hereafter "NX Vietnam"), a group company of NIPPON EXPRESS HOLDINGS, INC., has opened the NX VSIP II Logistics Center in the country's southern province of Binh Duong and will begin its operations on August 1.
 
Logo: https://kyodonewsprwire.jp/img/202307187198-O1-zlY15dd1
 
Photo: Warehouse exterior
https://cdn.kyodonewsprwire.jp/prwfile/release/
M103866/202307187198/_prw_PI2fl_35ZJT3GX.jpg
 
 
As Vietnam's economy has grown, consumer spending has increased and new retailers have continued to expand into the country. In addition, a steady stream of manufacturing and other companies has poured into Vietnam, drawn by its abundant labor resources.
 
NX Vietnam's newly established NX VSIP II Logistics Center is located in an area with easy access to Ho Chi Minh City and its thriving manufacturing sector. The warehouse will provide product storage, sorting, and distribution processing services for retailers and serve as a distribution hub for Ho Chi Minh City and surrounding areas, as well as providing bonded inventory management services for export processing enterprises (EPEs).
 
NX Vietnam will utilize the NX VSIP II Logistics Center as a major logistics base for the northern Ho Chi Minh City area, and will support customers considering launching new businesses in Vietnam or expanding existing ones by offering packaged services.
 
Profile of new warehouse
- Name: NX VSIP II Logistics Center
- Address: 18 L2-4 Tao Luc Road No.5, Vietnam Singapore Industrial Park II, Binh Duong Industrial - Service - Urban Complex, Hoa Phu Ward, Thu Dau Mot City, Binh Duong, Vietnam
- Total floor area: 14,511 m2
- Key facilities: Raised-floor truck berths (20 in total), rack system, CCTV, access control system, private power generation equipment
- Start of operations: August 1, 2023
 
Nippon Express website: https://www.nipponexpress.com/
 
Nippon Express Group's official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/
 
 
Source: NIPPON EXPRESS HOLDINGS, INC.  

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​OPEN HEALTH ANNOUNCES A NEW TEAM OF EXPERTS WILL LEAD ITS HEOR & MARKET ACCESS SCIENTIFIC OFFICE

London, UK, July 24 (Bernama-GLOBE NEWSWIRE) -- OPEN Health, a global provider of consultancy, HEOR and market access, and scientific communications services, today announced a new team of experts will lead its HEOR & Market Access Scientific Office. This expert team will be led by Dr. Elisabeth Fenwick as Chief Scientific Officer with support from Professor Ben van Hout as Scientific Founder. 

Both Elisabeth and Ben joined OPEN Health through its acquisition of Pharmerit International. Elisabeth Fenwick is most widely known for working on the cost-effectiveness acceptability curve (CEAC), creating the cost-effectiveness acceptability frontier, and for her work in value of information analyses for research decisions. She has over 20 years of experience in the industry and has published more than 50 publications globally. Ben van Hout is most commonly known for being one of the co-founders of the EQ-5D (a standardized measure of health-related quality of life) and as the developer of the CEAC. He was also one of the first researchers to perform a discrete event simulation and is published in the New England Journal of Medicine. He has over 35 years of experience in the industry and was honored with the ISPOR Avedis Donabedian Outcomes Research Lifetime Achievement Award in 2020. 

“The purpose of the Scientific Office is to ensure that science is at the center of everything we do. Our scientific experts are here to support the HEOR and market access team with their amazing research developing innovative solutions.” Elisabeth commented.

The Scientific Office is made up of experts who bring unique skillsets from across OPEN Health’s HEOR & market access service areas. The appointed team consists of Maarten Treur, MSc, Vice President and Global Head of Modeling & Meta-Analysis; Dr. Viktor Chirikov, Director of Real‑World Evidence & Data Analytics; Dr. Marco Boeri, Director of Preference Research in Patient-Centered Outcomes; and Emanuele Arcà, MSc, Senior Research Consultant in Strategic Market Access. Craig Bennison, MSc, Executive Director and Global Innovation Lead for OPEN Health HEOR & Market Access, will also join the team and will focus specifically on innovation. 

“Over the last few years, the scientific contributions and leadership of these experts have played instrumental roles in shaping our reputation and research efforts, working in partnership with our clients to improve health outcomes and patient wellbeing,” said Richard Jones, President of OPEN Health Evidence & Access. “This team will ensure our scientific expertise, thought leadership, and innovation stay front and center of our HEOR and market access offering.”

To learn more about the team of experts in the Scientific Office, please explore this interactive publication.

About OPEN Health

OPEN Health unites deep scientific knowledge with wide-ranging specialist expertise to unlock possibilities that improve health outcomes and patient wellbeing. Working in partnership with our clients, we embrace our different perspectives and strengths to deliver fresh thinking and solutions that make a difference. OPEN Health is a flexible global organization that solves complex healthcare challenges across HEOR and market access, medical communications and creative omnichannel campaigns. For more information on OPEN Health, visit www.openhealthgroup.com.
 

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Shanghai is Asia’s Leading Smart City in 2023 - Juniper Research

KUALA LUMPUR, July 20 (Bernama) -- Shanghai is Asia's leading smart city in 2023 due to its comprehensive data systems, according to a new study from Juniper Research, the foremost experts in the sustainability & Internet of Things (IoT) market.

The research analysed Shanghai as leading due to its strong data platform, comprehensive deployment of 5G, and use of innovative technologies, including digital twins, reflecting a well-considered and progressive smart city design, which can be seen as an example for other cities to emulate.

According to a statement, other smart cities ranked by Juniper Research are Seoul, Shenzhen, Sydney and Beijing.

Asian smart city spend is growing by 120 per cent with hardware and software spend on smart city deployments is forecast to reach US$42 billion by 2028, from US$19 billion in 2023. (US$1=RM4.55)

Spend is growing much faster in the rest of Asia Pacific, at 303 per cent over the next five years, compared to the Indian Subcontinent at 231 per cent and Far East & China at 76 per cent, over the same period.

Meanwhile, growth in Far East & China is slowing, with smart city projects being more mature in countries like China, Japan and South Korea.

However, emerging markets such as Indonesia, Thailand and Vietnam will boast much stronger growth, as smart city initiatives get underway, and cities build the comprehensive data systems needed for success.

Juniper Research’s ranking of 50 world cities is based on an evaluation of many different smart city aspects, covering transportation and infrastructure, energy and lighting, city management and technology, and urban connectivity.

-- BERNAMA

NICOLE ZIMMERMANN JOINS FINANCIAL HOUSE AS NON-EXECUTIVE DIRECTOR

KUALA LUMPUR, July 20 (Bernama) -- Financial House, an e-money services and payment solutions company, has appointed Nicole Zimmermann as the new non-executive Director and member of the Board.

In a statement, the company said this appointment highlighted its continued plans to grow its business operations globally; as well as extend strong cross-border and payments infrastructure with industry leaders and start-ups alike.

“It is an absolute honour to welcome Nicole Zimmermann to the board of Financial House to help grow our organisation and build our brand across Europe and into global markets.

“She is a tremendous asset to our organisation having worked for some of the best companies in the market to expand business, develop strong customer experiences, and build brands that compete successfully on a global stage,” said its Chief Executive Officer, Alisher Abdukadyrov.

Meanwhile, Zimmermann said: “Joining the Financial House board during this immense time of growth and innovation is incredibly exciting as we take a giant step forward together to build a strong, competitive brand.

“Working with the Financial House is a perfect match as we share a commitment for excellence in payments and customer experience, and a passion for diversity, equity and inclusion.”

A respected marketing and business executive with deep expertise in global branding, change management and business transformation, Zimmermann has more than 25 years of experience in large, global organisations from telecommunications to remittance and global payments.

-- BERNAMA

Vitality Of Hangzhou Extends Beyond Asian Games Venues

KUALA LUMPUR, July 18 (Bernama) -- The cauldron of the 19th Asian Games will be lit in the Chinese eastern city Hangzhou in which 40 major sports competitions will be staged, injecting passion and vitality into Hangzhou via thrilling performances.

Officially established during the Qin Dynasty, Hangzhou has always been a city of vitality, an endowment from its rich history, fascinating culture and developed economy.

As early as 4,300 to 5,300 years ago, sophisticated rice farming was bred in Hangzhou, fine jade craft was developed and Liangzhu culture, a representative culture in the late Neolithic Age, came into being.

Furthermore, during the Southern Song Dynasty, Hangzhou reached the peak in the development history of ancient cities, cultivating a highly prosperous culture.

Currently, more and more locals and tourists in Hangzhou enjoy experiencing the time-honoured charming culture including visiting the Xiling Seal Art Society, tasting fragrant local tea, and strolling the West Lake in the Song Dynasty traditional attire, among others.

According to the People's Government of Hangzhou Municipality in a statement, Hangzhou raked in a total tourism revenue of 129.8 billion Chinese yuan, last year. (100 Chinese yuan = RM63.25)

In the same year, the added value of Hangzhou's cultural industry totalled 242 billion Chinese yuan, 2.5 percentage points higher than its gross domestic product (GDP) growth rate, which accounted for 12.9 per cent of GDP, becoming an important pillar of economic development.

Today, the development of the Internet and digital technology has replaced the river course of the Grand Canal, linking Hangzhou with all parts of China and the rest of the world. An expansive digital trade network has been established, facilitating the leapfrogging development of the digital economy.

Not only home to more than 10 of the top 100 global digital trade enterprises, Hangzhou also hosts two-thirds of China's cross-border e-commerce export retail platforms and 70 per cent of the national cross-border payment transactions.

E-sports contests were also included in the Asian Games for the first time, a vivid echo of the development of Hangzhou's digital economy.

-- BERNAMA

AM BEST AFFIRMS PHILIPPINE NATIONAL REINSURANCE CORPORATION CREDIT RATINGS

KUALA LUMPUR, July 14 (Bernama) -- Global credit rating agency, AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of National Reinsurance Corporation of the Philippines (Nat Re).

In a statement, AM Best said these credit ratings (ratings), which have a stable outlook, reflected Nat Re’s balance sheet strength, which was assessed as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).

Nat Re’s balance sheet strength is underpinned by its risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, which remained at the strongest level in 2022.

AM Best views the company’s investment portfolio as having moderate risk. Despite some exposure to corporate bonds and equity investments, the majority of Nat Re’s portfolio is composed of fixed income securities issued by the Philippines government.

The company’s allocation to equity investments has reduced gradually over recent years, with the expectation of continued portfolio de-risking over the medium term. Its balance sheet is sensitive to natural catastrophe exposure, although this risk is partially mitigated through the use of retrocession.

Nat Re’s operating performance is assessed as adequate, with a five-year average return-on-equity ratio of 2.3 per cent (2018-2022). Net profit declined in 2022 compared to the prior year. 

AM Best views Nat Re’s business profile as neutral. The company is the only domestic reinsurer in the Philippines, benefiting from strong relationships with local cedants and access to business through mandatory local cessions.

Nat Re is well-positioned for business opportunities emanating from local government initiatives, this includes its engagement in the design and launch of underwriting facilities in the Philippines market, which enables it to write greater business volumes in excess of the level stipulated by the mandatory cessions.

AM Best considers Nat Re’s ERM approach to be appropriate given the current size and complexity of its operations. The company’s risk management framework and corporate governance capabilities are viewed to have strengthened over recent years.

-- BERNAMA

CRADLEPOINT ANNOUNCES 5G SASE STRATEGY FOR CELLULAR AND HYBRID WAN SECURITY

Enterprises extending beyond conventional fixed site connectivity will benefit from SASE

MELBOURNE, Australia, July 13 (Bernama-GLOBE NEWSWIRE) -- Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions, today announced its phased rollout strategy for the industry’s first 5G-optimised Secure Access Service Edge (SASE) solution designed for the enterprise and purpose-built for Wireless Wide Area Network (WAN) deployments. With unique cellular capabilities and the simplicity of Cradlepoint’s cloud-based management platform, NetCloud Manager, Cradlepoint 5G SASE features zero trust, cellular intelligence along with cloud and SIM-based security to address the challenges and threats faced by today’s extended enterprise.

As enterprises evolve beyond fixed sites to include mobile and IoT, they are looking to the flexibility and agility of Wireless WAN and 5G. These geographically dispersed networks, combined with the proliferation of connected devices and ill-fitting network security solutions, can significantly increase security vulnerability. With IoT device deployments projected to reach 30 billion by 2027, and the perennial IT talent shortage, the seamless integration of 5G-centric SASE solutions to manage Wireless WAN infrastructure is critical.

As an industry leader in Wireless WANs and with the recent acquisition of Ericom, Cradlepoint is uniquely positioned to deliver a comprehensive 5G-optimised SASE solution that enables organisations to seamlessly match the security challenges of extended networks. Cradlepoint 5G SASE will be delivered in phases over the next 12 months:

· Cradlepoint Cellular Intelligence: Available today, cellular telemetries, such as signal strength and data plan usage, can be leveraged for SD-WAN traffic steering. As 5G StandAlone (SA) networks become mainstream, Cradlepoint’s network slicing capabilities will work with carriers’ services to offer prioritisation and slice-based isolation.

· SIM-based Security: Cradlepoint offers SIM management and GPS tracking to secure the physical devices and to detect rogue movement. Cradlepoint’s vision for the future is to work with carriers for tighter SIM-based security using SIMs as the basis for authentication, regardless of the connecting hardware.

· Connect-and-Go Zero Trust Security: Creating WANs in just a few clicks, 5G SASE replaces complex VPNs. Zero trust shrinks the lateral attack surface—devices connected to a Cradlepoint router are immediately dark to the outside world and other sites. Soon, this capability will be delivered from the cloud, offering an easier deployment option.
 
Cloud-Delivered Security: Ericom’s full suite of SSE solutions, including SWG, CASB, RBI and DLP, protects users browsing in fixed and mobile environments from threats such as phishing and ransomware. Cradlepoint will integrate these capabilities with existing zero trust and SD-WAN solutions into Cradlepoint NetCloud for a single pane of glass user experience for IT teams.

“As enterprises evolve and become more diverse in terms of their connectivity to branch, mobile and IoT, they need a more 5G centric approach to security and management. An updated approach to SASE is essential for today’s modern organisation to defend against elevated attack surfaces,” said Todd Krautkremer, CMO, Cradlepoint. “Current SASE solutions are not optimised for 5G. Cradlepoint’s strategy is to provide lean IT organisations with a security solution that is aligned with the realities of a changing business and network profile. “

“A full SASE solution that is optimised for 5G will allow IT organisations to manage network security, network access policies, and observability across wireless connectivity in any hybrid WAN,” said Shamus McGillicuddy, vice president of research at Enterprise Management Associates (EMA). “Cradlepoint’s vision encompasses the definition of SASE for these hybrid WANs.”
 

Cradlepoint security portfolio is augmented by leading industry security solutions through Cradlepoint Technical Alliance Partners.
 

To learn more about Cradlepoint security capabilities, please visit our Security Solutions page.

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Cellebrite to Report Second-Quarter 2023 Financial Results on August 8, 2023

PETAH TIKVA, Israel and TYSONS CORNER, Va., July 13 (GLOBE NEWSWIRE) -- Cellebrite (NASDAQ: CLBT), a global leader in Digital Intelligence (“DI”) solutions for the public and private sectors, today announced it will report its second-quarter 2023 financial results before market open on Tuesday, August 8, 2023.

Later that same morning, Cellebrite will host a live conference call and webcast to review the Company’s financial results for the first quarter of 2023 and discuss its full-year 2023 outlook. Pertinent details include:

Date:	Tuesday, August 8, 2023
Time:	8:30 a.m. ET
Call-In Number:	203-518-9848
Conference ID:	CLBTQ223
Event URL:	https://investors.cellebrite.com/events/event-details/cellebrite-q2-23-earnings
Live Webcast URL:	https://edge.media-server.com/mmc/p/f896bks4

In conjunction with the conference call and webcast, historical financial tables and supplemental data will be available on the quarterly results section of Company’s investor relations website at https://investors.cellebrite.com/financial-information/quarterly-results. A transcript of the call will be added to this page along with access to the replay of the call.

About Cellebrite
Cellebrite’s (NASDAQ: CLBT) mission is to enable its customers to protect and save lives, accelerate justice, and preserve privacy in communities around the world. We are a global leader in Digital Intelligence solutions for the public and private sectors, empowering organizations in mastering the complexities of legally sanctioned digital investigations by streamlining intelligence processes. Trusted by thousands of leading agencies and companies worldwide, Cellebrite’s Digital Intelligence platform and solutions transform how customers collect, review, analyze and manage data in legally sanctioned investigations. To learn more, visit us at www.cellebrite.com and https://investors.cellebrite.com.

Media
Victor Cooper
Sr. Director of Corporate Communications + Content Operations
Victor.cooper@cellebrite.com
+1 404.804.5910

Investor Relations
Andrew Kramer
Vice President, Investor Relations
investors@cellebrite.com
+1 973.206.7760

Caution Regarding Forward Looking Statements

This document includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “will,” “appear,” “approximate,” “foresee,” “might,” “possible,” “potential,” “believe,” “could,” “predict,” “should,” “could,” “continue,” “expect,” “estimate,” “may,” “plan,” “outlook,” “future” and “project” and other similar expressions that predict, project or indicate future events or trends or that are not statements of historical matters. Such forward looking statements include estimated financial information. Such forward looking statements with respect to revenues, earnings, performance, strategies, prospects, and other aspects of Cellebrite’s business are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements. These factors include, but are not limited to: Cellebrite’s ability to keep pace with technological advances and evolving industry standards; Cellebrite’s material dependence on the acceptance of its solutions by law enforcement and government agencies; real or perceived errors, failures, defects or bugs in Cellebrite’s DI solutions; Cellebrite’s failure to maintain the productivity of sales and marketing personnel, including relating to hiring, integrating and retaining personnel; uncertainties regarding the impact of macroeconomic and/or global conditions, including COVID-19 and military actions involving Russia and Ukraine; intense competition in all of Cellebrite’s markets; the inadvertent or deliberate misuse of Cellebrite’s solutions; political and reputational factors related to Cellebrite’s business or operations; risks relating to estimates of market opportunity and forecasts of market growth; Cellebrite’s ability to properly manage its growth; risks associated with Cellebrite’s credit facilities and liquidity; Cellebrite’s reliance on third-party suppliers for certain components, products, or services; challenges associated with large transactions and long sales cycle; risks that Cellebrite’s customers may fail to honor contractual or payment obligations; risks associated with a significant amount of Cellebrite’s business coming from government customers around the world; risks related to Cellebrite’s intellectual property; security vulnerabilities or defects, including cyber-attacks, information technology system breaches, failures or disruptions; the mishandling or perceived mishandling of sensitive or confidential information; the complex and changing regulatory environments relating to Cellebrite’s operations and solutions; the regulatory constraints to which we are subject; risks associated with different corporate governance requirements applicable to Israeli companies and risks associated with being a foreign private issuer and an emerging growth company; market volatility in the price of Cellebrite’s shares; changing tax laws and regulations; risks associated with joint, ventures, partnerships and strategic initiatives; risks associated with Cellebrite’s significant international operations; risks associated with Cellebrite’s failure to comply with anti-corruption, trade compliance, anti-money-laundering and economic sanctions laws and regulations; risks relating to the adequacy of Cellebrite’s existing systems, processes, policies, procedures, internal controls and personnel for Cellebrite’s current and future operations and reporting needs; and other factors, risks and uncertainties set forth in the section titled “Risk Factors” in Cellebrite’s annual report on Form 20-F filed with the SEC on March 29, 2022,as amended on April 14, 2022 and in other documents filed by Cellebrite with the U.S. Securities and Exchange Commission (“SEC”), which are available free of charge at www.sec.gov. You are cautioned not to place undue reliance upon any forward looking statements, which speak only as of the date made, in this communication or elsewhere. Cellebrite undertakes no obligation to update its forward looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. 

Source: Cellebrite DI Ltd

ALPINE INVESTORS FINALIZES OVERSUBSCRIBED NINTH FUND AT HARD CAP OF $4.5 BILLION IN CAPITAL COMMITMENTS

New fund for Alpine doubles the size of predecessor fund in 2021


SAN FRANCISCO, July 13 (Bernama-BUSINESS WIRE) -- Alpine Investors (“Alpine”), a Certified B Corp people-driven private equity firm committed to building enduring software and services companies, announced today the completion of fundraising for Alpine Investors IX (“Fund IX”), reaching the fund’s hard cap of $4.5 billion in limited partner capital commitments.

Fundraising for Fund IX launched with a target of $3.75 billion and was oversubscribed. Fund IX is double the size of Alpine’s previous fund, Alpine Investors VIII, which was similarly oversubscribed and closed at its hard cap of $2.25 billion of limited partner commitments in August 2021.

Fund IX received limited partner commitments from a diversified investor base of returning and new investors from the U.S., Europe, Asia, and the Middle East. Alpine plans to invest the capital for Fund IX in control buyouts of software and services businesses with total enterprise values of up to $1 billion and focus on add-on acquisitions for high-performing platform investments.

“We are thrilled with this outcome, particularly in a very challenging fundraising environment,” said Graham Weaver, Founder and CEO of Alpine Investors. “We started Alpine 22 years ago with the thesis that the secret to building companies was hiring and training world-class leaders. It is incredibly satisfying to think that treating people well and giving them opportunities to be their best selves at work has been the formula for our investing success. We’re extremely grateful to have a wonderful group of like-minded investors and partners who have supported us along the way, and we are excited to continue this amazing journey together with them.”

Alpine has been active in recent years across its software and services specialties through buyouts as well as the launch of several prominent platforms. Notable investments from the last year include:

• The successful expansion of ASG, Alpine’s software business that buys vertical SaaS companies and builds them into market leaders, with more than 50 acquisitions since inception;
• The announcement of AlpineX’s professional education vertical, Axcel Learning, and its water services vertical, Axia Water;
• The formation of predictis, a data-enabled software platform launched in conjunction with the acquisition of AirDNA;
• The establishment of the Trilon Group, an engineering services platform, with 15 acquisitions including Alta Planning + Design, Inc., a globally-renowned active mobility and sustainability consulting firm;
• The acquisition of FEV Tutor, a K-12 market leading research and evidence-based online tutoring platform;
• The acquisition of Medusind, a leading provider of revenue cycle management services to the healthcare industry; and
• The formation of Ascend, a platform that partners with entrepreneurial CPAs, through its acquisition of Opsahl Dawson.

“We are grateful for the continued partnership from so many long-standing investors in Alpine, and we are excited by the significant presence of new partners across the globe that chose to participate in Fund IX,” said April Smith, Head of Investor Relations and Fundraising, Alpine Investors. “The makeup of Fund IX is the most global of any of our funds to date, demonstrating our expanding reach, and the robust market interest we generated underscores the increasing awareness of our value proposition for investors.”

Founded in 2001, Alpine Investors has over $15 billion in assets under management with more than 20,000 employees within its portfolio companies.¹ The firm is known for its PeopleFirst operating philosophy and its executive talent programs, which recruit and develop MBA graduates into CEOs and other executive-level roles. Originating with its CEO-in-Training and CEO-in-Residence programs, Alpine employs over 110 CEOs and executive-level roles within its portfolio companies through these talent programs.

Evercore Inc. served as placement agent for the fund and Kirkland & Ellis served as legal counsel to Alpine.

About Alpine Investors

Alpine Investors is a people-driven private equity firm committed to building enduring companies by working with, learning from, and developing exceptional people. Alpine specializes in investments in the software and services industries. Alpine’s PeopleFirst strategy includes a talent program that allows Alpine to bring leadership to situations where additional or new management is needed post-transaction. Alpine has over $15 billion in assets under management as of March 31, 2023 and has three offices in San Francisco, New York, and Salt Lake City.¹ For more information, visit www.alpineinvestors.com and https://alpineinvestors.com/terms-conditions/ for full disclaimers including, but not limited to, third-party reviews and Alpine Operations Group.

¹ Pro forma for additional Fund IX commitments raised as of June 30, 2023 and fair market value as of March 31, 2023.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230712330497/en/

Contact

Media
Audrey Harris
Head of Marketing
aharris@alpineinvestors.com

Sarah Braunstein
sbraunstein@sloanepr.com

Source : Alpine Investors

CIP Reaches First Close On 5th Flagship Fund At EUR 5.6 Bln

KUALA LUMPUR, July 10 (Bernama) -- Copenhagen Infrastructure Partners (CIP) has reached first close on its fifth flagship fund Copenhagen Infrastructure V (CI V) at EUR 5.6 billion in capital commitments received. (EUR 1 = RM5.10)

According to a statement, a large group of leading institutional investors across continental Europe, the Nordics, the United Kingdom, North America, and the Asia Pacific region have participated in the first close of CI V.

Backed by the strong appetite of additional investors already in process, the fund is on track to reach its target fund size of EUR 12 billion and is set to become the largest fund globally dedicated to greenfield renewable energy infrastructure investments.

“Reaching nearly EUR 6 billion at first close is a testament to the importance of the fund, and the confidence placed in our industrial approach to energy infrastructure investments.

“With its greenfield focus and large and diversified portfolio, CI V has the potential to significantly contribute to, and accelerate the energy transition on a global scale, while generating strong returns for our investors,” said CIP Managing Partner, Jakob Baruël Poulsen.

The investment strategy is a continuation of the predecessor flagship funds CI I, CI II, CI III, and CI IV, applying the same well-tested industrial value-creation approach, whereby projects are entered early and significantly de-risked and optimised, prior to the start of construction to capture the attractive greenfield premium.

Focuses on greenfield investments within large-scale renewable energy infrastructure, the fund has a global reach and intends to diversify investments across technologies such as contracted offshore wind, energy storage, onshore wind and solar in low-risk Organisation for Economic Co-operation and Development (OECD) countries in North America, Western Europe and Asia Pacific.

CI V is off to a strong start with the largest project pipeline of any CIP fund to date. At first close, the fund has ownership of more than 40 renewable energy infrastructure projects with a total potential CI V commitment of approximately EUR 20 billion, corresponding to more than 150 per cent of the target fund size.

-- BERNAMA

AMBIQ PROPELS REMOTE HEALTHCARE MONITORING SECTOR GROWTH WITH NEW ULTRA-LOW POWER PROCESSORS

The Apollo4 Lite and Apollo4 Blue Lite System-on-Chips (SoCs) Help Enhance Devices' Functionalities and Battery Life to Accelerate the Adoption of Remote Monitoring



News Highlights:

• The new Apollo4 Lite and Blue Lite SoCs offer feature-rich capability, optimized memory, powerful graphics performance, and secureSPOT^® for robust security in a lightweight solution
• Ideal for digital health applications, such as digital stethoscopes, patient monitoring, and continuous glucose and blood pressure monitoring
• The Apollo4 Blue Lite offers secure Bluetooth^® Low Energy connectivity for communication to handheld devices, host equipment, and the Cloud

AUSTIN, Texas, July 11 (Bernama-GLOBE NEWSWIRE) -- Ambiq^®, a technology leader in ultra-low power semiconductor products and solutions, introduces the Apollo4 Lite and Apollo4 Blue Lite SoC to its expanding portfolio of SoCs for IoT endpoint devices, especially the remote monitoring products of the healthcare sector. This announcement follows Ambiq’s release of its Heart Kit™, an optimized open-source AI model utilizing multi-head neural networks (MH-NNs) to enable a variety of real-time heart-monitoring applications.

The Apollo4 Lite and Blue Lite product line is the latest generation system processor solutions built upon Ambiq’s proprietary Subthreshold Power-Optimized Technology (SPOT^®) platform, enabling new features while reducing devices’ overall system power consumption to extend their battery life. Both SoCs are embedded with an ultra-low power Cortex-M4 core that can operate at up to 192 MHz with turboSPOT, an audio subsystem, GPU, and ample MRAM and SRAM. They are also conveniently pin-compatible with Ambiq’s Apollo4 Plus and Blue Plus¹, providing developers with optimum flexibility for innovation.

“Today’s patients are more empowered to monitor and advocate for their own health, and healthcare providers require more data analytics to prescribe holistic treatment,” said David Priscak, VP of Technical Solutions at Ambiq. “With bold graphics and long battery life, state-of-the-art health tracking is now more affordable and accessible thanks to these new additions to our Apollo4 SoC family.”

“The global remote patient market in terms of revenue was estimated to be worth $53.6 billion in 2022 and is poised to reach $175.2 billion by 2027, growing at a CAGR of 26.7% from 2022 to 2027,” said Ms. Anu Dhiman – Lead Healthcare Analyst – MarketsandMarkets Research Pvt. Ltd. “The predominant factors influencing the growth of the market include the benefits of remote patient monitoring to reduce the burden on medical resources, the monitoring benefits of telehealth and remote patient monitoring services, advancements in telecommunications, as increasing geriatric population, and the growing need to expand healthcare access.”

The Apollo4 Lite and the Apollo4 Blue Lite are designed for extended battery life, advanced security, and powerful graphics in small form factors, which are critical for the continued adoption of these devices. Both are now in mass production, targeting digital health products, smartwatches, fitness bands, animal trackers, voice-activated remotes, industrial maintenance, and smart home IoT devices. For more product information, visit www.ambiq.com/apollo4-lite and www.ambiq.com/apollo4-blue-lite.

¹ – Apollo4 Lite is pin-compatible with Apollo4 Plus (AMAP42KP-KBR); Apollo4 Blue Lite is pin-compatible with Apollo4 Blue Plus (AMA4B2KP-KXR.)

About Ambiq

Ambiq’s mission is to develop the lowest-power semiconductor solutions to enable intelligent devices everywhere by developing the lowest-power semiconductor solutions to drive a more energy-efficient, sustainable, and data-driven world. Ambiq has helped leading manufacturers worldwide develop products that last weeks on a single charge (rather than days) while delivering a maximum feature set in compact industrial designs. Ambiq’s goal is to take Artificial Intelligence (AI) where it has never gone before in mobile and portable devices, using Ambiq’s advanced ultra-low power system on chip (SoC) solutions. Ambiq has shipped more than 200 million units as of March 2023. For more information, visit www.ambiq.com.

Contact

Charlene Wan
VP of Branding, Marketing, and Investor Relations
cwan@ambiq.com
+1.512.879.2850

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/620a2f10-acfe-4d54-b9c3-0983c58c06f6

https://www.globenewswire.com/NewsRoom/AttachmentNg/fd179ebf-2f60-4195-8fca-b88c7b7a852c 


SOURCE : Ambiq Micro

QUANTEXA TO INVEST ADDITIONAL £125 MLN IN GLOBAL AI INDUSTRY

KUALA LUMPUR, July 10 (Bernama) -- Quantexa announced it will invest an additional £125 million in the global artificial intelligence (AI) industry over the next three years to help clients advance the use of AI to protect, optimise and grow their organisations. (£1=RM5.97)

Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors said in a statement that its total global investment in AI will reach more than £200 million, by 2027.

“While many companies are talking about AI and machine learning, we have been investing in it since our inception. We are investing our time, money, and resources into the biggest technological breakthrough for generations as it will transform how organisations make decisions.

“We are proud to invest in London-based innovation but the impact will be felt by the global economy and will start a ripple effect that will unlock decision intelligence capabilities for our clients and their respective industries,” said its Chief Executive Officer and Founder, Vishal Marria.

The investment marks the company’s continued advancements in AI with the preview of its Generative AI technology, Q Assist.

Quantexa also furthered its commitment to advancing the company’s existing AI Stack to enable its growing global ecosystem of clients and partners to unlock new industry-specific use cases for financial services, insurance, telecommunications, healthcare and in the public sector.

Built on Quantexa’s Decision Intelligence Platform, the technology preview of Q Assist demonstrates the potential of using large language model (LLM)’s to create an intuitive and conversational interface bringing new efficiencies for analysts working with data to identify risks as part of investigations.

Enterprises and government agencies are using Quantexa’s DI to become more effective and efficient at organising siloed, messy data to obtain 360-degree views of customers and suppliers to identify fraud, qualify eligibility for services, stop dangerous goods at borders, or optimise supply chains.

Founded in 2016, Quantexa currently has more than 650 employees and thousands of users working with billions of transactions and data points across the world.

-- BERNAMA

UniPin Ladies Championship For Malaysia, Singapore Qualifier Stage Runs Until July 8

KUALA LUMPUR, July 6 (Bernama) -- UniPin, the digital entertainment enabler in Southeast Asia (SEA) is hosting another ladies’ tournament for the third time in Malaysia and Singapore, after the first one in 2021.

With the support from Domino’s Pizza Malaysia, the UniPin Ladies Championship for Malaysia and Singapore’s qualifier stage takes place from July 4 to 8.

According to UniPin in a statement, the two best teams from this qualifier round will become the country’s representatives for the playoff stage of UniPin Ladies SEA Championship later this October.

UniPin Community Senior Vice President, Debora Imanuella said the UniPin Ladies Series will pave the way for many women e-sports teams to show up and compete in the Malaysia and Singapore’s esports scene.

As a part of the tournament series, Domino’s Pizza is eager to play an active role in addressing the gamers’ needs as pizzas are a gamers’ best friend.

Group Chief Marketing Officer, Domino's Pizza Malaysia, Singapore & Cambodia, Linda Hassan said: “In line with our brand promise of It’s All About You, Domino’s strives to enhance customers’ experience across multiple touch points.

“This partnership with UniPin provides a platform to develop an ecosystem in nurturing players and cater to the needs of women empowerment and support in the esports community,” she added.

UniPin has been facilitating gamers in the SEA region for easier top-up access and hosting several successful female-only tournaments in various Southeast Asian countries.

The company has been focusing on doing mobile games tournaments in the SEA region, with no exception to female-only tournaments.

-- BERNAMA

GTJAI INCORPORATES ESG INTO NEWEST CREDIT RISK POLICY

KUALA LUMPUR, July 6 (Bernama) -- Guotai Junan International Holdings Limited (GTJAI) has incorporated environmental, social and governance (ESG) risk factors into its Newest Credit Risk Policy to control and manage the ESG risks at the business operation level more efficiently.

The GTJAI’s Newest Credit Risk Policy covers all its subsidiaries and affiliates in all types of businesses including, but not limited to, lending, underwriting of debt securities, derivatives trading, and other financing activities.

According to GTJAI in a statement, the policy reflects ESG criteria formally in the client onboarding, due diligence and credit risk management process with reference to global ESG frameworks.

As specifically required in the policy, all business teams are responsible for the Know-Your-Client (KYC) process by reviewing clients’ financial reports, ESG report, performing background check on shareholders, reviewing internal policies and controls.

In addition, all business teams are required to conduct enhanced due diligence on higher ESG risk customers, as well as include ESG rating downgrade in assessing potential clients’ profiles and documentation.

GTJAI is the market leader and first mover for internationalisation of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering.

Based in Hong Kong, GTJAI provides comprehensive, diversified and high-quality integrated financial services.

-- BERNAMA