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