TDCX board of directors authorises US$30 million share repurchase programme

KUALA LUMPUR, March 15 -- TDCX Inc, a leading high-growth digital customer experience solutions provider for technology and blue-chip companies, announced its board of directors has authorised a US$30 million share repurchase programme. (US$1 = RM4.205)

The repurchase programme has no expiration date and may be suspended, modified or discontinued at any time without prior notice.

According to a statement, TDCX aims to enhance shareholder return through the share repurchase programme, with the Company expecting to fund repurchases under this programme with its existing cash balance.

The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades, and/or through other legally permissible means.

These depend on market conditions and in accordance with applicable rules and regulations and its insider trading policy.

The Company's board of directors will review the share repurchase programme periodically and may authorise adjustment of its terms and size.

Apart from helping clients achieve their customer experience aspirations by harnessing technology, human intelligence and its global footprint, TDCX also serves clients in fintech, gaming, technology, home sharing and travel, digital advertising and social media, streaming and e-commerce.

TDCX employs more than 14,000 employees across 26 campuses globally, specifically Singapore, where it is headquartered and Malaysia, Thailand, the Philippines, Mainland China, Hong Kong, South Korea, Japan, India, Romania, Spain and Colombia.

For more information, visit: www.tdcx.com.

-- BERNAMA

EAGLE EYE NETWORKS INTRODUCES EAGLE EYE LPR, MAKING HIGHLY ACCURATE LICENSE PLATE RECOGNITION POSSIBLE WITH ANY SECURITY CAMERA

Eagle Eye Networks Introduces Eagle Eye LPR, Making Highly Accurate License Plate Recognition Possible with any Security Camera 

AUSTIN, Texas, March 11 (Bernama-GLOBE NEWSWIRE) -- Eagle Eye Networks, the global leader in cloud video surveillance, today launched Eagle Eye LPR (license plate recognition), which uses artificial intelligence (AI) in a true cloud-based system for high accuracy in all kinds of challenging conditions. Eagle Eye LPR operates on readily available security cameras making it affordable and practical for today’s business owners.

“We’re seeing increased demand for LPR/ANPR for security and business optimization. Eagle Eye LPR is designed to be easy to deploy and manage, and it does not require the purchase of special cameras,” said Dean Drako, CEO of Eagle Eye Networks. “Our industry-leading AI not only provides high accuracy, Eagle Eye cloud LPR is continuously improved to support new license plates and increase accuracy.”

Powered by Eagle Eye Networks industry-leading AI and analytics, Eagle Eye LPR works with the Eagle Eye Networks Vehicle Surveillance Package (VSP) to enable seamless monitoring of vehicles across multiple locations.

Eagle Eye Networks supports many manufacturers’ LPR products including cameras. Eagle Eye Networks operates an open system giving customers choice. The Eagle Eye Cloud VMS will continue to support camera and other LPR technologies.

The benefits of Eagle Eye LPR include:

·  Camera Agnostic: Works securely with nearly any IP or other camera
·  Affordable: Does not require specialty cameras, onsite hardware or onsite maintenance
·  High Accuracy: Eagle Eye’s AI provides industry-leading accuracy even for non-standard license plates and in challenging lighting and environmental conditions
·  Flexibility: Open API for unlimited integrations with other technology partners
·  Scalability: Manage and add locations, cameras, features with the click of a button
·  Continuous Delivery: AI LPR is continually improved to support newer license plates, and all Eagle Eye development innovations are instantly delivered to customers via the cloud
·  Broad Geographic LPR/ANPR Support: North America, Mexico, EU, UK, India, Singapore, Malaysia, Australia 

Target applications for Eagle Eye LPR include:

·  Smart Parking with LPR-based automation
·  Corporate Offices - Secure, smooth vehicle entry/exit
·  Healthcare and Education Campuses - Touchless access control
·  Home Owners Associations (HOAs) and Multi-Family Homes - Neighborhood safety
·  Critical Infrastructure, Industrial - Multi-site remote monitoring
·  Restaurants, Retail, Curbside Pickup - Improved customer experience
·  Hospitality, and more
 
 Eagle Eye LPR offers resellers opportunities to enter new markets, to provide additional services, and to increase revenue.

“With Eagle Eye LPR, there’s no major hardware swap or installation, you can use existing cameras,” said Lon Bazelais, president of Grid Squared Systems, an Eagle Eye Networks certified security systems integrator based in New York City. “They have made it super easy for us and for our clients. Eagle Eye license plate recognition removes the hassle and expense of LPR systems. Now, Eagle Eye LPR will allow us to enter new vertical markets, notably parking facilities, which is a huge opportunity for us in New York City. We’re also excited to bring this advanced technology to our existing clients who want to add LPR to their current security systems."

Brian West, President of ParkNGo in Dayton, Ohio who is using Eagle Eye LPR to modernize their overall security posture, added “we're seriously streamlining parking operations and improving the experience for customers at the same time. With Eagle Eye LPR, our customers can enter and exit the lot without even rolling down their windows. Their prepaid parking reservation is automatically applied and the experience is just short of magical. We’re impressed with the high accuracy of the Eagle Eye LPR—their artificial intelligence (AI) makes the difference—and it is so simple for our employees to use. The total cost of ownership is reduced as the solution works with a low-cost ONVIF camera, and the managed service from Eagle Eye assures me of continuous upgrades and support.”

LPR is also known as Automatic Number Plate Recognition (ANPR) or Automatic License Plate Recognition (ALPR). Eagle Eye LPR is available now. Visit our site for more information.

ABOUT EAGLE EYE NETWORKS
Eagle Eye Networks is the global leader in cloud video surveillance, delivering cyber-secure cloud-based video with artificial intelligence (AI) and analytics to make businesses more efficient and the world a safer place. The Eagle Eye Cloud VMS (video management system) is the only platform robust and flexible enough to power the future of video surveillance and intelligence. Eagle Eye is based in Austin, Texas with offices in Amsterdam, Bangalore, and Tokyo. Learn more at een.com.   

EAGLE EYE PRESS CONTACT
GLOBAL HQ
Martha Entwistle
mentwistle@een.com 
+1-512-473-0500
 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3053614f-7b00-4a40-9f25-9d16bd67207b 

Source: Eagle Eye Networks

--BERNAMA

TDCX declares unaudited financial results for fourth quarter, full year 2021

KUALA LUMPUR, March 10 -- TDCX Inc (TDCX or the Company), a leading high-growth digital customer experience solutions provider for technology and blue-chip companies, has announced its unaudited financial results for the fourth quarter and full year ended Dec 31, 2021.

In a statement, Chief Executive Officer and Founder of TDCX, Laurent Junique said: “We end the year on a high note with record revenue and earnings.

“In 2021, we successfully listed on the New York Stock Exchange, welcomed our highest number of new clients in a year from high-growth sectors and delivered operationally by increasing headcount by 30 per cent and expanding into new geographies.

“These achievements are the result of our unwavering commitment and focus on pursuing long-term, quality growth. It is also a testament to our ability to solve complex customer experience challenges for new economy players and to help established firms transform their customer experiences.”

Full Year 2021 Financial Highlights include total revenue of US$410.7 million, representing 27.7 per cent year-on-year growth; and, profit for the period of US$76.8 million, representing 20.6 per cent year-on-year growth. (US$1 = RM4.183)

Meanwhile, Fourth Quarter 2021 Financial Highlights include total revenue of US$114.5 million, representing 28.8 per cent year-on-year growth; and, profit for the period of US$21.3 million, representing 7.0 per cent year-on-year growth. This included a US$3.9 million equity-settled share-based payment expense under the TDCX Performance Share Plan, which commenced in the fourth quarter of 2021.

Business Highlights include added 20 new logos in FY2021, more than double the nine logos added in FY2020; and, 52 clients as at Dec 31, 2021, a 37 per cent increase compared with 38 as at Dec 31, 2020.

The Company has also opened new office in South Korea in Q4 2021, with three projects launched.

TDCX employs more than 14,000 employees across 26 campuses globally, specifically Singapore, where it is headquartered, Malaysia, Thailand, the Philippines, Mainland China, Hong Kong, South Korea, Japan, India, Romania, Spain and Colombia. 

More details at www.tdcx.com.

-- BERNAMA

REGULATIONS OF GUANGDONG PROVINCE ON CHINA-SINGAPORE GUANGZHOU KNOWLEDGE CITY TO COME INTO FORCE ON MARCH 1

GUANGZHOU, China, Feb. 24, 2022 /Xinhua-AsiaNet/ --

The Standing Committee of Guangdong Provincial People's Congress held a press conference on the "Regulations of Guangdong Province on China-Singapore Guangzhou Knowledge City" on February 23. Relevant officials answered questions from media reporters. The Regulations, adopted at the 39th session of the 13th Standing Committee of Guangdong Provincial People's Congress on January 16, 2022, will come into force on March 1 this year, providing strong guidance and guarantee for the accelerated construction and development of the Knowledge City, strengthening the legalized business environment, and exerting its advantages and roles in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and the pilot demonstration area of socialism with Chinese characteristics. Located in the northern part of Huangpu District, Guangzhou city, the China-Singapore Guangzhou Knowledge City has a total planned area of 232 square kilometers and is a national-level bilateral cooperation project between China and Singapore and a high-level science and innovation carrier in the Greater Bay Area. The foundation of the Knowledge City project was officially laid in June 2010. And in July 2016, the Knowledge City became the only comprehensive reform pilot area for the utilization and protection of intellectual property rights approved by the State Council. High-level research institutes such as Xidian University and top talent teams led by 24 academicians including Shi Yigong and Wang Xiaodong were introduced, high-end scientific and technological innovation platforms such as China-Singapore International Joint Research Institute, gathered, and a free port of international talents, put into operation. The construction of high-end technology innovation platforms such as the National University of Singapore Innovation Research Institute and major technological infrastructure such as the large-scale scientific device for aircraft tire dynamics were accelerated, and the brand of Singapore enterprises' first choice in China, ever more famous. Head of the Legal Affairs Committee of the Standing Committee of Guangdong Provincial People's Congress said that, it is necessary to promote the construction and development of the Knowledge City through legislation as it was upgraded to a national-level bilateral cooperation project in November 2018. The Regulations were initiated with great attention from the provincial party committee and the provincial government. The drafting with the joint efforts of the provincial, municipal and district-level, ensured that the project approval, the submission for deliberation, and the approval by voting were completed within the same year. According to the "Overall Development Plan (2020-2035) of China-Singapore Guangzhou Knowledge City" approved by the State Council in August 2020, the Regulations make provisions for technological innovation and intellectual property rights protection, knowledge-intensive industry development and talent support, opening-up and cooperation and other aspects. Specific regulations were also made on empowering the Knowledge City Administrative Committee, which fully reflects the strategy of building the Knowledge City into a new highland for knowledge creation, a free port for international talents, a source of innovation in the Greater Bay Area, and a demonstration area for openness and cooperation. Head of the Knowledge City Administrative Committee said that, the Knowledge City will fully utilize the empowerment of the Regulations, overcome difficulties and forge ahead bravely, explore new paths and accumulate new experiences on pilot projects, and better serve the Belt & Road Initiative and the high-quality development of the Greater Bay Area. The Knowledge City strives to demonstrate responsibility in building a new development pattern, and be at the forefront of the new journey of building a modern socialist country in all respects. Source: The Standing Committee of Guangdong Provincial People's Congress  --BERNAMA

[INVNT GROUP]™ BETS BIG ON LIVE; ENHANCES LIVE BRAND STORYTELLING CAPABILITIES WITH NEWLY FORMED ITP LIVE, IN THE STRATEGIC ACQUISITIONS OF INSYNC PRODUCTION SERVICES, THUNDER AUDIO AND MORPHEUS LIGHTS.

Introducing ITP LIVE: An Integrated Production Services Division of INVNT®

New York, Dec 30 (Bernama-GLOBE NEWSWIRE) -- [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT™ announces the strategic acquisitions of four historied live event production companies: ITP LIVE, InSync Production Services, Thunder Audio, and Morpheus Lights. 

Led by President and CEO, Scott Cullather, [INVNT GROUP] represents a growing portfolio of complementary disciplines designed to help forward thinking brands everywhere, impact the audiences that matter anywhere. 

“This deal is a key pillar of our integrated vertical growth strategy as [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT. The dedicated search for these four companies has been in development for over 18 months. We sought leaders in the technical and production aspects of the live events industry, who were delivering premier production services to legacy brands and many of the world’s biggest peforming artists. These acquisitions will expand our innovation capabilities, allowing INVNT, our live events business, to offer our customers the ultimate in live events and experiential activations.”

Scott Cullather, President and CEO,  [INVNT GROUP]

[INVNT GROUP] consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; branded content studio and content marketing agency HEVĒ; collegiate events and experiences, INVNT Higher Education, the original global live brand storytelling agency, INVNT and now ITP LIVE consisting of: InSync Production Services, Thunder Audio and Morpheus Lights.

For more than twenty-five years, these production companies have supported the design and execution of experiential and live entertainment programs for many of the largest corporations, trade associations, sports franchises, governmental agencies (including the White House), and some of the most successful artists in the world: Bruce Springsteen, Snoop Dog, Lady Gaga, Lionel Richie, Billy Joel, Diana Ross, Metallica, Post Malone, Tyler Perry and more.

The companies will continue to operate under their current names and will service their existing roster of clients, seek new clients, and providing services to synergistic INVNT opportunities and projects.

“Historically, producing live events has often required a great deal of outsourcing on virtually every project. Through these strategic acquisitions we will have end-to-end control over every aspect of our live events - especially quality and cost, continuing to deliver world-class service and at the very best value. The merging of resources and networks also gives us geographical spread across North America. Our anticipation is to continue growing these resources in other territories around the world. This is only the beginning.”  
                                                      
Kristina McCoobery, COO [INVNT GROUP] and CEO INVNT

Rooted in experiential marketing, [INVNT GROUP]’s expansion comes as part of a strategic, yet natural evolution. This business partnership creates a unique offering in the market, and enhances the group’s abilities to fulfill creative, technological, and strategic designs in dynamic new ways.

“When [INVNT GROUP] approached us about the idea of coming together and amplifying our resources, I was instantly drawn to the group’s commitment to impactful storytelling. Their award-winning work aligns with our vision of the newly formed ITP LIVE, that includes Insync Production Services, Thunder Audio and Morpheus Lights,. We’re excited by the incredible synergies created through our partnership and welcome a new chapter in designing the best events on the planet.” 

Pat Hand, CEO, ITP LIVE
 
This transaction was structured by Wolf Karbe, CFO of [INVNT GROUP] and represented by Evergreen Advisors Capital and Center Rock Advisors. Financial terms of the transaction were not disclosed. 

http://mrem.bernama.com/viewsm.php?idm=42054

Nippon Express (Nederland) Obtains GDP Compliance Certification For Company Warehouse

KUALA LUMPUR, Dec 8 -- Nippon Express (Nederland) B.V. (NEN), a local subsidiary of Nippon Express Co Ltd, obtained Good Distribution Practice (GDP) certification, effective Sep 6, for its company-owned warehouse in Schiphol Trade Park near Amsterdam's Schiphol Airport, evidencing its compliance with GDP standards for the proper distribution of pharmaceuticals.

The Netherlands has become home to one of Europe's largest clusters of cutting-edge biotechnology companies.

According to a statement, the country's geographical and tax advantages have encouraged numerous pharmaceutical manufacturers to set up logistics bases there.

NEN's warehouse near Schiphol Airport, an import/export gateway for Europe, is fully equipped with dedicated pharmaceutical storage areas boasting temperature-control functions for three temperature ranges -- 15 C to 25 C (constant-temperature storage), 2 C to 8 C (refrigerated storage) and -15 C to -25 C (frozen storage) -- as well as dedicated truck docks, enabling NEN to enhance its pharmaceutical transport services to meet anticipated increases in demand.

Nippon Express remains committed to improving its services to meet the increasingly sophisticated and diversified pharmaceutical transport needs of its customers.

The Company will continue to strengthen its efforts on behalf of the pharmaceutical industry, identified as a priority industry in its Medium-term Business Plan.

For more information, visit http://www.nipponexpress.com/

-- BERNAMA

Unify Platform AG Starts New Feature On Company's Online Platform UNIPLAT

KUALA LUMPUR, Nov 30  -- Unify Platform AG of Switzerland, with its Japan Hub in Shin-Yokohama, Kanagawa Prefecture, has announced the launch of a new feature on the company's online platform service, UNIPLAT.

According to a statement, the new feature is Credit Rating: an automatic performance rating of each researcher and entrepreneur on UNIPLAT, evaluated from various perspectives using AI.

The evaluation result is displayed as credit scores. If the scores are high, the relevant researcher's capability and credibility are also considered high. This Credit Rating will be available on the platform, beginning Dec 23.

The credit scores of a researcher or entrepreneur can be viewed on their ‘My Lab’ page (a one-stop page that contains their profile, result of research, and other information. My Lab will be launched at the same time as Credit Rating).

The scores are set to be visible to the public. So, general users -- individuals, companies, or research institutions -- can check the researcher or entrepreneur's capability and credibility to ascertain their choice of support or research collaboration. Talking from the researcher and entrepreneur's side, this feature could open the door to many benefits such as offers and grants from companies and institutions.

Currently, the aspects scored by Credit Rating's AI are, number of likes of each content (live streaming, videos, and documents); number of each content's views; and, number of connections (primary nodes).

The scoring aspects and formulas are subject to refinement in a once-a-year credit rating evaluation committee meeting, following changes in global academic circumstances.

UNIPLAT is an open platform specifically designed to help entrepreneurial researchers who promote all academic fields and projects related to the SDGs advocated by the United Nations worldwide to obtain more exposure and connect with supporters who want to contribute to the improvement of global research.

-- BERNAMA