KUALA LUMPUR, May 31 (Bernama) -- AdEasy, South-East Asia's first online marketplace to help connect businesses with traditional advertising media, was selected by Cradle Fund Sdn Bhd to receive RM775,000 in funding in 2017 under the Direct Equity 800 (DEQ800) plan.
From 800 companies, 13 start-ups were selected to receive a capital injection of between RM300,000 and RM800,000.
This is AdEasy's second round of seed investment, having received RM242,000 last year through equity crowdfunding platform, pitchIN. To date, AdEasy has booked 15 campaigns with a total ad spend of more than RM950,000 through its small-and-medium enterprise (SME) clients.
"There is a huge untapped market of SMEs which are not advertising yet, 86.6 per cent to be exact," said AdEasy chief executive officer, Melissa Sim.
"This is because they lack the knowledge, data and tools to make informed decisions. We aim to equip SMEs with advertising knowledge and media-planning tools so that they can confidently book ad space on their own," she added.
SMEs are able to save time, money and resources in finding the right ad space through a comprehensive marketplace in three easy steps via AdEasy by browsing, comparing and booking.
Total ad spend in Malaysia for 2017 was RM4.65 billion, with Malaysian advertisers allocating 77 per cent of their advertising budget for traditional media.
According to the Nielsen Consumer and Media View 2017 report, traditional media enjoys more than 70 per cent reach across the board. More than 90 per cent of Malaysians aged between 15 and 24 years consumed both traditional and digital media, while only one per cent of this demographic consumed digital media exclusively during the time period.
Evidently, traditional advertising is still thriving. Today, over 480 ad spaces are listed on AdEasy from more than 80 media options like GSC Cinemas, Astro Radio, BFM 89.9, The Malay Mail, Mingguan Wanita, Her World, Bernama News Channel, Astro Malay Channel, GrabAds, Hot Media and more.
"We are continuously adding more media options to the marketplace every month and plan to extend our ad space offerings to include neighbouring countries by the end of this year so that SMEs can easily book ad space anywhere, anytime in the region. We are determined to make AdEasy the leading online ecosystem for advertising in South-East Asia," said Sim.
"Cradle has more than 700 start-ups in its portfolio, providing them mentorship and networking opportunities, as well as growth guidance. Other than knowing we are in good hands, we believe AdEasy can add value to Cradle's start-ups by being their go-to advertising support. Ultimately, like Cradle, AdEasy is focused on driving growth for them through advertising," she added.
Cradle chief investment officer, Juliana Jan, said, "Digital innovation is at the heart of our investment strategy. An online marketplace for offline advertising space that allows advertisers to book offline ad spaces defines the future of traditional advertising."
"We are confident that AdEasy and its technology will be a game changer in the industry. We see huge potential in AdEasy and we are excited to support and be part of this company."
-- BERNAMA
Thursday, May 31, 2018
Wednesday, May 30, 2018
FERREXPO CHOOSES CHINSAY'S RECAP MANAGER TO FURTHER OPTIMISE THEIR GLOBAL FREIGHT OPERATIONS AROUND DIGITAL CONTRACT MANAGEMENT SERVICES
SINGAPORE, May 23 (Bernama-BUSINESS WIRE) -- Ferrexpo which is a London Stock Exchange listed iron ore company with assets in Ukraine, has signed an agreement with Chinsay, the market leader in dry bulk freight software, to implement Chinsay’s Recap Manager (RM) a single cloud-based SaaS system for end-to-end contract management and counter-party collaboration tool for their Ocean Freight operations.
Michael Gardiner, Global Freight Manager stated, “With operations across the globe, we view Chinsay as an efficient and critical tool to ensure we achieve operational excellence in our contract operations. We look forward to working with their friendly team of experts to explore how we can unlock further value from our contract data to drive better decision making across our business.” Ferrexpo will use Chinsay’s Recap Manager for managing digital freight contracts across their offices around the world. Ferrexpo will be able to create, edit, review and share contract information both internally and externally via Chinsay’s Recap Manager. The Chinsay platform will enable Ferrexpo to significantly reduce the time to finalise all their charter party work and minimise the potential for contractual errors with risk and compliance oversight. “We are excited to partner with Ferrexpo and support their team with our technology,” said Dag Sundén-Cullberg, Founder and Chief Executive Officer of Chinsay. He continued, “We have provided contract management services for the iron ore sector for over a decade and will be able to provide Ferrexpo with market best practices by using our secure cloud based collaborative platform to help identify and manage risk and use analytics technologies to enhance their performance.” “Our expanding client base is providing positive network effects for users of Chinsay and enabling further “digitalisation at origin” with respect to charter-party generation. We are experiencing a significant increase in digital contracts coming through our system and expect this trend to continue,” stated Colin Hayward, Managing Director of Chinsay’s Singapore office. He continued, “Our entry into the commodities market with our Commodity Contract Manager will allow these positive benefits to reach an expanded and diversified set of companies trading in a variety of markets, such as metals, agriculture and mining.” Chinsay’s platforms for freight and commodities enable global businesses to collaboratively create, review and manage their trade contracts. Chinsay’s digital workflow unlocks efficiencies and mitigates the risk of contractual errors while ensuring that internal and external compliance is automatically enforced. By using digital contracts on Chinsay, contractual data is easily visualised and analysed which enables faster and better decision making. |
TOSHIBA'S ARM® CORTEX®-M CORE-BASED MICROCONTROLLERS SUPPORT MBED™ OS
TOKYO, May 28 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”), as a Silicon Partner of Mbed (a device management solution for IoT platforms developed by Arm Ltd), acquired the certification of Mbed OS for its microcontrollers. Two evaluation boards that integrate these microcontrollers have been released on the Arm Mbed site.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180528005041/en/
Mbed provides developers with a free, easy-to-use development environment. The online compiler provided by Arm can be used with evaluation boards supporting Mbed OS, and device programming can be performed with drag-and-drop simplicity on a host PC connected to the boards via USB. Developers can also access the rich component libraries verified by the Mbed community, allowing fast and efficient development of applications for embedded devices.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180528005041/en/
Mbed provides developers with a free, easy-to-use development environment. The online compiler provided by Arm can be used with evaluation boards supporting Mbed OS, and device programming can be performed with drag-and-drop simplicity on a host PC connected to the boards via USB. Developers can also access the rich component libraries verified by the Mbed community, allowing fast and efficient development of applications for embedded devices.
AXA provides 6 per cent GST refund
KUALA LUMPUR, May 30 (Bernama) -- In appreciation of its loyal customers, AXA Affin General Insurance Bhd (AAGI) will be facilitating the refund of 6 per cent goods and services tax (GST) to all policyholders who have made prior payments for policies expiring on June 1 onwards.
The offer is valid till Sept 30.
AAGI chief financial officer, Michelle Dan said the effort was in line with the announcement by the Malaysian government to reduce GST to 0 per cent with effect from June 1.
"In most cases, no GST refund will be given for payments made prior to June 1. But we appreciate our loyal customers and therefore we will refund the 6 per cent GST to them," Dan said in a statement today.
From now till Sept 30, all affected policyholders can request for the refund by contacting AAGI's customer service at (+603) 2170 8282, weekdays from 8.30am to 5.30pm (excluding public holidays) or by visiting any of its branch offices nationwide.
-- BERNAMA
The offer is valid till Sept 30.
AAGI chief financial officer, Michelle Dan said the effort was in line with the announcement by the Malaysian government to reduce GST to 0 per cent with effect from June 1.
"In most cases, no GST refund will be given for payments made prior to June 1. But we appreciate our loyal customers and therefore we will refund the 6 per cent GST to them," Dan said in a statement today.
From now till Sept 30, all affected policyholders can request for the refund by contacting AAGI's customer service at (+603) 2170 8282, weekdays from 8.30am to 5.30pm (excluding public holidays) or by visiting any of its branch offices nationwide.
-- BERNAMA
Exclusive targeted private marketplace for World Cup available in Southeast Asia
KUALA LUMPUR, May 30 (Bernama) -- PubMatic Inc, a publisher-focused sell-side platform for an open digital media future and Publicis Media have launched an exclusive Targeted Private Marketplace (PMP), coinciding with the World Cup in Russia.
Like the Olympics, the World Cup generates marketing activity, as brands - both official sponsors and more opportunistic ones - compete for share of mind and wallet.
The exclusivity of the partnership will initially be available in Singapore, Indonesia, Vietnam, Thailand and Philippines, with plans to expand to additional markets in the region.
As a leading agency group, Publicis Media's focuses in increasing premium quality inventory. PubMatic's Targeted PMP solution offers heavily curated, premium site lists based on marketers' needs.
PubMatic in a statement said that the self-service tool will create high-quality PMP deals at scale for marketers, based on unique sports audience segments across its premium Asia and global publishers.
Targeted PMPs also provide advertisers with higher transparency and more efficient workflows and consistently performing PMP deals across multiple publishers. This, in turn, can drive higher ROI for marketers.
PubMatic's CRO in Asia Pacific, Jason Barnes said: "As brand spend increasingly shifts to programmatic, we have seen buyers like Publicis Media demand more sophisticated PMPs with increased capabilities without having to choose between quality or scale. PubMatic created Targeted PMPs to address these buyer pain points and evolve the PMP landscape.
Director of Product, Publicis Media Asia Pacific, Janet Leung said: "The PMP offers both contextually relevant sites and exclusive access to data which allows our advertisers to place their ads in front of the most relevant audience."
Further details can be accessed at: pubmatic.com/blog/targeted-pmp-deals/.
-- BERNAMA
Like the Olympics, the World Cup generates marketing activity, as brands - both official sponsors and more opportunistic ones - compete for share of mind and wallet.
The exclusivity of the partnership will initially be available in Singapore, Indonesia, Vietnam, Thailand and Philippines, with plans to expand to additional markets in the region.
As a leading agency group, Publicis Media's focuses in increasing premium quality inventory. PubMatic's Targeted PMP solution offers heavily curated, premium site lists based on marketers' needs.
PubMatic in a statement said that the self-service tool will create high-quality PMP deals at scale for marketers, based on unique sports audience segments across its premium Asia and global publishers.
Targeted PMPs also provide advertisers with higher transparency and more efficient workflows and consistently performing PMP deals across multiple publishers. This, in turn, can drive higher ROI for marketers.
PubMatic's CRO in Asia Pacific, Jason Barnes said: "As brand spend increasingly shifts to programmatic, we have seen buyers like Publicis Media demand more sophisticated PMPs with increased capabilities without having to choose between quality or scale. PubMatic created Targeted PMPs to address these buyer pain points and evolve the PMP landscape.
Director of Product, Publicis Media Asia Pacific, Janet Leung said: "The PMP offers both contextually relevant sites and exclusive access to data which allows our advertisers to place their ads in front of the most relevant audience."
Further details can be accessed at: pubmatic.com/blog/targeted-pmp-deals/.
-- BERNAMA
New CEO of AIG Insurance Company China Ltd
KUALA LUMPUR, May 25 (Bernama) -- American International Group Inc
(AIG) -- a leading global insurance organization has named Lisa Sun as a Chief
Executive Officer (CEO) of AIG Insurance Company China Ltd.
Her appointment is subject to regulatory approval by the China Banking and Insurance Regulatory Commission, a statement said.
Based in Shanghai, she will report to CEO of International General Insurance, Chris Townsend. She is replacing Eric Zheng who is leaving AIG to pursue other opportunities.
Townsend said: "China is a core growth market for AIG. I look forward to working closely with Lisa and the team in this dynamic region. "
Lisa Sun joins AIG from Mercer, where most recently she was CEO of Mercer´s Hong Kong & South and East Asia Zone.
Further information on AIG, visit www.aig.com
--BERNAMA
Her appointment is subject to regulatory approval by the China Banking and Insurance Regulatory Commission, a statement said.
Based in Shanghai, she will report to CEO of International General Insurance, Chris Townsend. She is replacing Eric Zheng who is leaving AIG to pursue other opportunities.
Townsend said: "China is a core growth market for AIG. I look forward to working closely with Lisa and the team in this dynamic region. "
Lisa Sun joins AIG from Mercer, where most recently she was CEO of Mercer´s Hong Kong & South and East Asia Zone.
Further information on AIG, visit www.aig.com
--BERNAMA
Monday, May 28, 2018
Huobi rewards users with commission for inviting new comers
KUALA LUMPUR, May 28 (Bernama) -- Huobi, a global leader in blockchain asset provider has implemented its system of discounts for cryptocurrencies users to receive a commission by generating their own invitation link and invite new users to register.
A cryptocurrencies user can invite new users to register by logging in to the website and search for the 'My invitation code'. Inviting a new user to trade with cryptocurrencies in Huobi gives the person 30 per cent of the total commission, a statement said.
The invitation code can be obtained by registering and inviting the new users in two ways. First, user must send the code to the new guest and while the new guest is registered, user can complete the registration to obtain the invitation code.
Second, it also can be done by sending the invitation link through social networks. When both are registered through the link, the system will complete the following registration by giving user the invitation code.
Next, in the 'invite' section, user can click on 'Registration of the invitation' to see if the registration of the new guest is successful. User can only see the result if it is recorded correctly.
After verifying the successful registration of the new guest, the platform will calculate the amount of rebate of the transaction and the transfer of the user account on the next day. The commission will be issued in the form of USDT and on a points card.
Initiated in 2013, Huobi is a platform guiding user to get started into crypto. Huobi is also one of the alternatives in cyberspace for crypto exchange. More details at https://www.huobi.pro/invite/.
--BERNAMA
A cryptocurrencies user can invite new users to register by logging in to the website and search for the 'My invitation code'. Inviting a new user to trade with cryptocurrencies in Huobi gives the person 30 per cent of the total commission, a statement said.
The invitation code can be obtained by registering and inviting the new users in two ways. First, user must send the code to the new guest and while the new guest is registered, user can complete the registration to obtain the invitation code.
Second, it also can be done by sending the invitation link through social networks. When both are registered through the link, the system will complete the following registration by giving user the invitation code.
Next, in the 'invite' section, user can click on 'Registration of the invitation' to see if the registration of the new guest is successful. User can only see the result if it is recorded correctly.
After verifying the successful registration of the new guest, the platform will calculate the amount of rebate of the transaction and the transfer of the user account on the next day. The commission will be issued in the form of USDT and on a points card.
Initiated in 2013, Huobi is a platform guiding user to get started into crypto. Huobi is also one of the alternatives in cyberspace for crypto exchange. More details at https://www.huobi.pro/invite/.
--BERNAMA
Sunday, May 27, 2018
Hyland adds content service platform to Activants' portfolio in Singapore
KUALA LUMPUR, May 24 (Bernama) -- Hyland has partnered with Singapore-based
business process management (BPM) specialists, Activants to add its content
services platform, OnBase to Activants' product portfolio in Singapore.
"This is an important strategic partnership for Hyland in the Singapore region, as we gain the valuable experience of a dynamic company who specialises in digital transformation and business improvement," said director, Asia-Pacific at Hyland, Eugene Chng.
The partnership expands Hyland's growing footprint in the Asia Pacific (APAC) marketplace, reaching a broader target of enterprise customers in need of solutions for complex problems in the records and information management space.
OnBase will deliver advanced document capture, workflow, electronic signature, case management and records management to Activants' customers. The company helps customers to improve business processes and adding new value propositions to customers´ business.
"We continue to find new ways to help our customers remain competitive. We believe this partnership with Hyland will take our customers' business forward and raise their productivity to a new level," said general manager of Activants, Fleming Tan.
Hyland's OnBase offers Activants' clients a world class enterprise information platform, available on-premise, in the cloud or via a hybrid model for organisations to better manage their document lifecycle, reduce errors and enhance their levels of customer service.
Hyland is a leader in providing software solutions for managing content, processes and cases for organisations across the globe. More information at https://www.hyland.com/.
-- BERNAMA
Friday, May 25, 2018
Teledyne e2v receives US$47 mln contract for ESA PLATO space mission
KUALA LUMPUR, May 24 (Bernama) -- The European Space Agency (ESA) has awarded Teledyne e2v -- a division of Teledyne Technologies Incorporated, with the second phase of a US$47 million (RM183.30 million) contract to produce high-end Charge Coupled Device (CCD) visible light image sensors for the PLATO (Planetary Transits and Oscillations of stars) mission.
PLATO is a planet hunting spacecraft that will seek out and research Earth like exoplanets around Sun like stars. About 100 Teledyne e2v large area CCDs will allow the mission to detect minute changes in the apparent brightness of stars, orbited by planets.
After a successful review of the first phase, Teledyne e2v has been authorised to start work on phase two of the contract, a statement said.
The contract also includes manufacturing the wafers and the assembly, test and delivery of 114 CCDs. They will form the biggest optical array ever to be launched into space -- currently planned for 2026.
During its lifetime, PLATO will precisely measure the size, mass and age of planets, survey a large area of the sky and study the full diversity of thousands of stars and planetary systems across galactic neighbourhood.
PLATO is expected to discover many more exoplanets, which will then be further investigated and analysed by ground based telescopes, generating a huge amount of follow up activity by the astronomy community.
-- BERNAMA
PLATO is a planet hunting spacecraft that will seek out and research Earth like exoplanets around Sun like stars. About 100 Teledyne e2v large area CCDs will allow the mission to detect minute changes in the apparent brightness of stars, orbited by planets.
After a successful review of the first phase, Teledyne e2v has been authorised to start work on phase two of the contract, a statement said.
The contract also includes manufacturing the wafers and the assembly, test and delivery of 114 CCDs. They will form the biggest optical array ever to be launched into space -- currently planned for 2026.
During its lifetime, PLATO will precisely measure the size, mass and age of planets, survey a large area of the sky and study the full diversity of thousands of stars and planetary systems across galactic neighbourhood.
PLATO is expected to discover many more exoplanets, which will then be further investigated and analysed by ground based telescopes, generating a huge amount of follow up activity by the astronomy community.
-- BERNAMA
WORLD'S WORST PASSENGERS 2018
Perth, Australia May 24 (Bernama-AsiaNet) -- Smelly passengers and out of control children have emerged as the leading complaints of passengers in the annual www.Airlineratings.com "Passengers from Hell" survey.
Airlineratings.com, the global airline safety and product ratings website, surveyed its readers on 10 passenger types who they felt caused the most grief on planes.
Airlineratings.com, the global airline safety and product ratings website, surveyed its readers on 10 passenger types who they felt caused the most grief on planes.
Wednesday, May 23, 2018
CIMIC'S LEIGHTON ASIA WINS A$380M TRANSPORT
SYDNEY, Australia May 24 (Bernama) --
| CIMIC Group company, Leighton Asia, as lead partner in a joint venture, has been selected by Singapore's Land Transport Authority to deliver a A$540 million tunnel and infrastructure contract (N103 contract works), as part of the North-South Transportation Corridor project. Revenue to Leighton Asia, which is part of CIMIC Group construction company CPB Contractors, will be approximately A$380 million, with the project being delivered in joint venture with local Singapore contractor Yongnam Engineering & Construction. Construction is scheduled to commence in the second quarter of 2018 and be completed by 2026. CIMIC Group Chief Executive Officer Michael Wright said: “The award of these major infrastructure works to support the North-South Corridor project demonstrates the positive and enduring relationship that CIMIC and Leighton Asia have built with the Land Transport Authority in Singapore. "We are pleased to continue to contribute our innovative and cost-effective design and construction methodologies to enhance Singapore’s world-class transportation networks." CPB Contractors and Leighton Asia Managing Director Juan Santamaria said: "Leighton Asia’s major project experience and diverse construction capabilities have positioned us well to capture this contract and further key infrastructure projects in Singapore’s growing market. "We have a strong and growing presence in Singapore, with a team committed to leveraging our local experience and international expertise to ensure the project meets the social, sustainability and economic outcomes expected by the client and local communities." The N103 design and construction contract works include 640m of twin, three-lane vehicular tunnels; the underpinning of an existing expressway flyover; a new facility building; and an entrance ramp and exit ramp. http://mrem.bernama.com/viewsm.php?idm=31966 |
FUJITSU DEPLOYS JUNIPER NETWORKS' APPFORMIX FOR CLOUD OPERATIONS MANAGEMENT AND OPTIMIZATION
AppFormix features such as real-time intelligent monitoring and the easy visualization of data, were crucial for the increased requirements of the new region of Fujitsu’s K5 cloud platform
TOKYO, May 22 (Bernama-GLOBE NEWSWIRE) -- Juniper Networks (NYSE:JNPR), an industry leader in automated, scalable and secure networks, today announced that Fujitsu Limited has deployed Juniper’s cloud management platform AppFormix in Japan, as a key part of ensuring the operational efficiency of the new region of its widely adopted enterprise cloud platform Cloud Service K5.
Open, agile and legacy-compatible, Fujitsu’s K5 is the world’s largest open-source based platform and has seen strong adoption globally by organizations looking to drive digital business transformation, across the public, private and hybrid cloud.
However, the open-source software used previously for the management of the K5 platform did not provide Fujitsu with the automated real-time management and data visualization features it needed, which resulted in manual processes and increased OPEX.
As Fujitsu prepared for the launch of the new region of K5 which scales several times the previous version, they required a cloud operations management solution that could address these operational requirements, while also bringing significantly increased capabilities.
To combat these ongoing challenges, Juniper was selected to carefully develop and deploy AppFormix for Fujitsu’s K5 platform to address these growing operational needs, offering simplified cloud operations management and performance optimization capabilities through big data analysis and machine learning.
In addition to significantly reducing operational burden and complexity, AppFormix’s unique user-friendly GUI dashboard displaying real-time reporting and high level compatibility with OpenStack has also allowed Fujitsu to better plan resource consumption and capacity expansion, which is crucial in light of potential continued service expansions of the K5 platform in the future.
TOKYO, May 22 (Bernama-GLOBE NEWSWIRE) -- Juniper Networks (NYSE:JNPR), an industry leader in automated, scalable and secure networks, today announced that Fujitsu Limited has deployed Juniper’s cloud management platform AppFormix in Japan, as a key part of ensuring the operational efficiency of the new region of its widely adopted enterprise cloud platform Cloud Service K5.
Open, agile and legacy-compatible, Fujitsu’s K5 is the world’s largest open-source based platform and has seen strong adoption globally by organizations looking to drive digital business transformation, across the public, private and hybrid cloud.
However, the open-source software used previously for the management of the K5 platform did not provide Fujitsu with the automated real-time management and data visualization features it needed, which resulted in manual processes and increased OPEX.
As Fujitsu prepared for the launch of the new region of K5 which scales several times the previous version, they required a cloud operations management solution that could address these operational requirements, while also bringing significantly increased capabilities.
To combat these ongoing challenges, Juniper was selected to carefully develop and deploy AppFormix for Fujitsu’s K5 platform to address these growing operational needs, offering simplified cloud operations management and performance optimization capabilities through big data analysis and machine learning.
In addition to significantly reducing operational burden and complexity, AppFormix’s unique user-friendly GUI dashboard displaying real-time reporting and high level compatibility with OpenStack has also allowed Fujitsu to better plan resource consumption and capacity expansion, which is crucial in light of potential continued service expansions of the K5 platform in the future.
INTA SELECTS SINGAPORE FOR 142ND ANNUAL MEETING SLATED FOR APRIL 2020
SEATTLE, May 21 (Bernama-GLOBE NEWSWIRE) -- The International Trademark Association (INTA) today announced that it will hold its 142nd Annual Meeting—the world’s largest trademark event—in Singapore from April 25 to 29, 2020, at the Marina Bay Sands. This marks the second time INTA is bringing its Annual Meeting to Asia, and the first time that the organization will host the event in Southeast Asia.
INTA CEO Etienne Sanz de Acedo made the highly anticipated announcement at the opening ceremonies of the Association’s 140th Annual Meeting, taking place in Seattle, Washington, now through May 23. Nearly 11,000 trademark practitioners and other intellectual property (IP) professionals from 150+ countries are gathering for this event. The number of registrants has been increasing each year.
In 2014, INTA held its first-ever Annual Meeting in Asia—the 136th Annual Meeting in Hong Kong SAR, China. After that successful event, INTA’s Board of Directors approved a rotation strategy to host the Annual Meeting in a location outside the United States every third year.
“Bringing the Association’s Annual Meeting to Singapore in 2020 offers our global membership the opportunity to once again meet in an optimal location to learn, network, and discuss issues of interest to IP professionals, government officials, consumers, and society at large,” said 2018 INTA President Tish Berard.
Registration for the 2020 Annual Meeting in Singapore will open in January 2019, with presale tickets available for purchase at INTA’s 2019 Annual Meeting in Boston, Massachusetts.
A confluence of factors contributed to the selection of Singapore for the 2020 gathering, including its vibrant environment, cultural diversity, ease of accessibility, and achievements in the field of IP. INTA, which has a growing international membership now spanning 191 countries, opened an Asia-Pacific Representative Office in Singapore in March 2016.
“Singapore is a seminal location for the global trademark dialogue that will take place at INTA’s Annual Meeting in 2020. We are extremely pleased to go there and view this as an opportunity to further interact with and serve members globally,” said Mr. Sanz de Acedo.
INTA’s groundbreaking impact study entitled The Economic Contribution of Trademark-Intensive Industries in Indonesia, Malaysia, the Philippines, Singapore, and Thailand indicates that trademark-intensive activities in Singapore generate increased employment across sectors and contribute to international trade.
Specifically, looking at data from 2012 to 2015, trademark-intensive industries within Singapore generated a 50 percent direct contribution to gross domestic product, comprised 60 percent of the country’s share of exports, and workers’ share of the workforce represented 29 percent of total employment, according to the study.
“We are honoured to play host to the world’s largest and most widely-attended IP conference – INTA’s 142nd Annual Meeting – in 2020,” said Daren Tang, Chief Executive, Intellectual Property Office of Singapore. “This mega conference will connect the Singapore innovation ecosystem to the global community of trademark experts and intellectual property professionals who will build on each other’s best practices and expertise, sharing thought leading conversations on creating strong brands to differentiate winning enterprises from others.”
Jeannie Lim, Executive Director, Conventions, Meetings & Incentive Travel, Singapore Tourism Board, added: “Our city serves as the ideal platform for this prestigious event. Here, delegates can learn, engage and discover new possibilities, and go on to enjoy the cuisine and experiences that our city has to offer outside of the event. We look forward to welcoming this event to Singapore in 2020.”
About the International Trademark Association
The International Trademark Association (INTA) is a global association of brand owners and professionals dedicated to supporting trademarks and related intellectual property (IP) to foster consumer trust, economic growth, and innovation. Members include more than 7,200 trademark owners, professionals, and academics from 191 countries, including 62 members from Singapore who benefit from the Association’s global trademark resources, policy development, education and training, and international network. Founded in 1878, INTA is headquartered in New York City, with offices in Brussels, Santiago, Shanghai, Singapore, and Washington, D.C., and representatives in Geneva and New Delhi. For more information, please visit www.inta.org.
Contact:
Sari Schwartz
Senior Strategist, Communications
sschwartz@inta.org
1-212-642-1774
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/bab1761a-add4-4ae9-9ee9-4e2b81373c52
Source : International Trademark Association
--BERNAMA
INTA CEO Etienne Sanz de Acedo made the highly anticipated announcement at the opening ceremonies of the Association’s 140th Annual Meeting, taking place in Seattle, Washington, now through May 23. Nearly 11,000 trademark practitioners and other intellectual property (IP) professionals from 150+ countries are gathering for this event. The number of registrants has been increasing each year.
In 2014, INTA held its first-ever Annual Meeting in Asia—the 136th Annual Meeting in Hong Kong SAR, China. After that successful event, INTA’s Board of Directors approved a rotation strategy to host the Annual Meeting in a location outside the United States every third year.
“Bringing the Association’s Annual Meeting to Singapore in 2020 offers our global membership the opportunity to once again meet in an optimal location to learn, network, and discuss issues of interest to IP professionals, government officials, consumers, and society at large,” said 2018 INTA President Tish Berard.
Registration for the 2020 Annual Meeting in Singapore will open in January 2019, with presale tickets available for purchase at INTA’s 2019 Annual Meeting in Boston, Massachusetts.
A confluence of factors contributed to the selection of Singapore for the 2020 gathering, including its vibrant environment, cultural diversity, ease of accessibility, and achievements in the field of IP. INTA, which has a growing international membership now spanning 191 countries, opened an Asia-Pacific Representative Office in Singapore in March 2016.
“Singapore is a seminal location for the global trademark dialogue that will take place at INTA’s Annual Meeting in 2020. We are extremely pleased to go there and view this as an opportunity to further interact with and serve members globally,” said Mr. Sanz de Acedo.
INTA’s groundbreaking impact study entitled The Economic Contribution of Trademark-Intensive Industries in Indonesia, Malaysia, the Philippines, Singapore, and Thailand indicates that trademark-intensive activities in Singapore generate increased employment across sectors and contribute to international trade.
Specifically, looking at data from 2012 to 2015, trademark-intensive industries within Singapore generated a 50 percent direct contribution to gross domestic product, comprised 60 percent of the country’s share of exports, and workers’ share of the workforce represented 29 percent of total employment, according to the study.
“We are honoured to play host to the world’s largest and most widely-attended IP conference – INTA’s 142nd Annual Meeting – in 2020,” said Daren Tang, Chief Executive, Intellectual Property Office of Singapore. “This mega conference will connect the Singapore innovation ecosystem to the global community of trademark experts and intellectual property professionals who will build on each other’s best practices and expertise, sharing thought leading conversations on creating strong brands to differentiate winning enterprises from others.”
Jeannie Lim, Executive Director, Conventions, Meetings & Incentive Travel, Singapore Tourism Board, added: “Our city serves as the ideal platform for this prestigious event. Here, delegates can learn, engage and discover new possibilities, and go on to enjoy the cuisine and experiences that our city has to offer outside of the event. We look forward to welcoming this event to Singapore in 2020.”
About the International Trademark Association
The International Trademark Association (INTA) is a global association of brand owners and professionals dedicated to supporting trademarks and related intellectual property (IP) to foster consumer trust, economic growth, and innovation. Members include more than 7,200 trademark owners, professionals, and academics from 191 countries, including 62 members from Singapore who benefit from the Association’s global trademark resources, policy development, education and training, and international network. Founded in 1878, INTA is headquartered in New York City, with offices in Brussels, Santiago, Shanghai, Singapore, and Washington, D.C., and representatives in Geneva and New Delhi. For more information, please visit www.inta.org.
Contact:
Sari Schwartz
Senior Strategist, Communications
sschwartz@inta.org
1-212-642-1774
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/bab1761a-add4-4ae9-9ee9-4e2b81373c52
Source : International Trademark Association
--BERNAMA
Tuesday, May 22, 2018
Monday, May 21, 2018
Long term outlook for Aurigen Reinsurance Ltd stable
KUALA LUMPUR, May 18 (Bernama) -- A.M. Best outlook for the
Long-Term ICR has been revised to stable from positive for Aurigen Reinsurance
Ltd (Pembroke, Bermuda) based on the company's intention to merge Aurigen
Reinsurance Ltd with PartnerRe Life Reinsurance Company of Bermuda Ltd and
eliminate Aurigen Reinsurance Ltd. The outlook for the FSR remains stable.
However, A.M. Best has withdrawn the ratings as the company has requested it will no longer participate in A.M. Best's interactive rating process, a statement said.
Earlier A.M. Best affirmed the financial strength rating (FSR) of A (excellent) and the long-term issuer credit rating (Long-Term ICR) of ‘a' of the company.
The ratings reflect Aurigen Reinsurance Ltd's balance sheet strength which A.M. Best categorises as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
A.M. Best is the world's oldest and most authoritative insurance rating and information source. More information at www.ambest.com.
-- BERNAMA
UTIMACO ANNOUNCES INTENT TO ACQUIRE ATALLA FROM MICRO FOCUS
CAMPBELL, Calif., May 18 (Bernama-BUSINESS WIRE) -- Utimaco, the global #2 in Hardware Security Modules (HSMs), today announced the intent to acquire the Atalla HSM and ESKM business lines from Micro Focus, which were previously owned by Hewlett Packard Enterprise (HPE) prior to the September 2017 merger of its Software business with Micro Focus.
Germany-based Utimaco, active in the HSM market for over 35 years, is a global manufacturer of general purpose HSMs. Utimaco has built its market leading position focusing on indirect sales through OEM or channel business partners and selling its SecurityServer product line into industries as diverse as automotive, government, media & entertainment, smart metering, semiconductors, telecommunications and the banking and financial services sectors. Utimaco is traditionally strong in its German home market based on its longstanding German banking association certification (DK) and has recently achieved PCI accreditation for the SecurityServer product line.
Germany-based Utimaco, active in the HSM market for over 35 years, is a global manufacturer of general purpose HSMs. Utimaco has built its market leading position focusing on indirect sales through OEM or channel business partners and selling its SecurityServer product line into industries as diverse as automotive, government, media & entertainment, smart metering, semiconductors, telecommunications and the banking and financial services sectors. Utimaco is traditionally strong in its German home market based on its longstanding German banking association certification (DK) and has recently achieved PCI accreditation for the SecurityServer product line.
NTT COMMUNICATIONS BAGS SBR INTERNATIONAL BUSINESS AWARDS FOR IT SERVICES
NTT Communications works closely with clients to provide innovative IT business solutions
SINGAPORE, May 18 (Bernama-BUSINESS WIRE) -- NTT Communications Corporation (NTT Com) is the information and communications technology (ICT) solutions and international communications business within the NTT Group (TOKYO:9432).
To gain an edge in today’s competitive digital marketplace, every organisation must update and transform their legacy systems in favor of innovative solutions that revamp their existing infrastructures to stay ahead of the digital evolution curve.
SINGAPORE, May 18 (Bernama-BUSINESS WIRE) -- NTT Communications Corporation (NTT Com) is the information and communications technology (ICT) solutions and international communications business within the NTT Group (TOKYO:9432).
To gain an edge in today’s competitive digital marketplace, every organisation must update and transform their legacy systems in favor of innovative solutions that revamp their existing infrastructures to stay ahead of the digital evolution curve.
Nomura Research Institute awarded for Best Artificial Intelligence Initiative
KUALA LUMPUR, May 17 (Bernama) -- Nomura Research Institute Ltd
(NRI) has been awarded ‘Best Artificial Intelligence (AI)
Initiative´ at the 2018 FTF News Technology
Innovation Awards recently for work in AI solution development and
implementation.
"As our industry moves forward, we will continue to see new opportunities for AI solutions coupled with even greater potential and we plans to continue to build AI solutions that potential for our clients, " said senior corporate managing director of NRI, Shigeki Hayashi.
The FTF News Technology Innovation Awards recognise the professionals, vendors, service providers, industry bodies and regulators that have demonstrated exceptional achievement in financial services operations technology during the previous year.
AI solution development and implementation was a major focus for NRI in 2017. NRI announced successful proof of concept studies including a partnership with Nomura Asset Management analysing the accuracy of AI analysis in portfolio investment decision making.
The company also has completed a successful AI integration with Mizuho securities, implementing NRI´s AI-enabled voice recognition systems to supplement Mizuho´s investor/customer communication monitoring and analysis system.
NRI a leading provider of consulting services and system solutions provide insight-driven research, consulting and managed services. More information at https://www.nri.com/fit.
--BERNAMA
Thursday, May 17, 2018
TOSHIBA RELEASES PHOTORELAY FOR FACTORY AUTOMATION AND OTHER INDUSTRIAL APPLICATIONS
- High current surface mount device is UL1577 approved
TOKYO, May 16 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has released the new TLP3122A photorelay for factory automation and other industrial applications including building automation, security and semiconductor testing.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180516005532/en/
The new photorelay integrates MOSFET devices fabricated using the latest U-MOS IX process to reduce on-state resistance. Housed in the small 4-pin SO6 package, the TLP3122A provides an off-state output terminal voltage (VOFF) of 60V, a constant on-state current (ION) of 1.4A and an on-state pulsed current (IONP) up to 4.2A. The on-state resistance (RON) is typically just 0.13Ω, allowing highly efficient operation while the off-state current is only 1μA.
TOKYO, May 16 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has released the new TLP3122A photorelay for factory automation and other industrial applications including building automation, security and semiconductor testing.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180516005532/en/
The new photorelay integrates MOSFET devices fabricated using the latest U-MOS IX process to reduce on-state resistance. Housed in the small 4-pin SO6 package, the TLP3122A provides an off-state output terminal voltage (VOFF) of 60V, a constant on-state current (ION) of 1.4A and an on-state pulsed current (IONP) up to 4.2A. The on-state resistance (RON) is typically just 0.13Ω, allowing highly efficient operation while the off-state current is only 1μA.
INVIVOSCRIBE RELEASES THE LYMPHOTRACK DX TRB ASSAY AS CE-MARKED IVD KIT, COMPLETING THE NGS CLONALITY SUITE FOR THE MISEQ PLATFORM
SAN DIEGO, May 16 (Bernama-GLOBE NEWSWIRE) -- Invivoscribe Technologies Inc., a global company with decades of experience providing clonality and biomarker test solutions for the fields of oncology and personalized molecular medicine, today announced the release of the LymphoTrack® Dx TRB Assay for the Illumina® MiSeq® platform, a CE-marked next-generation sequencing (NGS) assay kit for in vitro diagnostic (IVD) use. Invivoscribe is the only company offering a complete suite of CE-marked NGS clonality assays designed to assess clonality for both diagnostic and tracking purposes. The LymphoTrack Dx TRB Assay for the ThermoFisher Scientific® Ion PGM™ and Ion S5™ instruments will be released later this year.
Leukemias and lymphomas generally originate from the malignant transformation of individual lymphoid cells, causing the vast majority of lymphoid malignancies to share one or more cell-specific or “clonal” rearrangements. The LymphoTrack Dx TRB assay identifies clonal TRB Vβ-(Dβ-)Jβ rearrangement sequences, and the accompanying LymphoTrack Dx bioinformatics software provides a clear summary of the frequency distribution. These clonal sequences can be used to monitor minimal residual disease (MRD) in longitudinal studies, which track the disease as well as the effectiveness of therapies aimed towards their eradication.
Leukemias and lymphomas generally originate from the malignant transformation of individual lymphoid cells, causing the vast majority of lymphoid malignancies to share one or more cell-specific or “clonal” rearrangements. The LymphoTrack Dx TRB assay identifies clonal TRB Vβ-(Dβ-)Jβ rearrangement sequences, and the accompanying LymphoTrack Dx bioinformatics software provides a clear summary of the frequency distribution. These clonal sequences can be used to monitor minimal residual disease (MRD) in longitudinal studies, which track the disease as well as the effectiveness of therapies aimed towards their eradication.
NTT SECURITY ANNOUNCES EXPANSION OF ADVANCED SECURITY SERVICES IN INDIA AND PHILIPPINES
SINGAPORE, May 15 (Bernama-GLOBE NEWSWIRE) -- NTT Security, the specialized security company of NTT Group, has announced expansion into India and Philippines as part of its strategic growth plan. It will provide Managed Security Services (MSS) and Security Consulting Services based on its strength in Global Threat Intelligence and Cyber Threat Advanced Analytics accumulated through global operations. This will enable more effective and sophisticated cybersecurity solutions for enterprises and governments as well as global companies which have business operations in the regions.
The latest move forms part of plans from the specialized security company of NTT Group to become a leading MSS provider in the Asia-Pacific region – just four months after it launched the same service for digital enterprises and governments in Thailand.
The latest move forms part of plans from the specialized security company of NTT Group to become a leading MSS provider in the Asia-Pacific region – just four months after it launched the same service for digital enterprises and governments in Thailand.
Wednesday, May 16, 2018
Hitachi Vantara unveils new innovations to drive data center modernization
KUALA LUMPUR, May 15 (Bernama) -- Hitachi Vantara -- a wholly-owned subsidiary of Hitachi Ltd has introduced new innovations; artificial intelligence (AI) operations software and new flash storage systems -- to drive data center modernization.
The all-new, all-flash and hybrid Hitachi Virtual Storage Platform (VSP) systems and AI operations software give customers unprecedented agility and automation to reduce costs and increase operational efficiencies -- the foundation for any modern data center initiative.
Developers will gain increased flexibility and can now run more workloads in a single system through Docker and Redhat Openshift container integration with Swarm and Kubernetes orchestration, a statement said.
"Hitachi is helping the world´s business and IT leaders respond to modern data challenges by leveraging predictive analytics and automation as part of their larger data management and digital transformation initiatives," said senior vice-president, Infrastructure and Edge Products at Hitachi Vantara, Iri Trashanski.
"With the criticality of data in our customers´ environments, there is no room for good-enough storage technology or data-silos created by weak infrastructure. The technology announced today will help create the agile data infrastructure and intelligent operations our customers need to drive transformation," Trashanski added.
For further information about the new innovations, visit www.hitachivantara.com
--BERNAMA
The all-new, all-flash and hybrid Hitachi Virtual Storage Platform (VSP) systems and AI operations software give customers unprecedented agility and automation to reduce costs and increase operational efficiencies -- the foundation for any modern data center initiative.
Developers will gain increased flexibility and can now run more workloads in a single system through Docker and Redhat Openshift container integration with Swarm and Kubernetes orchestration, a statement said.
"Hitachi is helping the world´s business and IT leaders respond to modern data challenges by leveraging predictive analytics and automation as part of their larger data management and digital transformation initiatives," said senior vice-president, Infrastructure and Edge Products at Hitachi Vantara, Iri Trashanski.
"With the criticality of data in our customers´ environments, there is no room for good-enough storage technology or data-silos created by weak infrastructure. The technology announced today will help create the agile data infrastructure and intelligent operations our customers need to drive transformation," Trashanski added.
For further information about the new innovations, visit www.hitachivantara.com
--BERNAMA
GREENLAND RESOURCES UPDATES ON MALMBJERG
NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
TORONTO, May 15 (Bernama-GLOBE NEWSWIRE) -- Greenland Resources Inc. (“Greenland Resources” or the “Company”) wishes to announce that it has engaged several engineering firms to investigate four alternatives to the Wardrop 2008 feasibility study (“2008 FS”), with the aim to improve project economics and reduce the construction timing. The most significant change to the 2008 FS is to construct the ore processing plant and ancillary plant site infrastructure facilities at an overseas shipyard on barges and locate the barges at suitable constructed sites at either the North or South access route tidewater locations.
The four alternative operating scenarios are described below and consider two well established mining methods (open pit and underground block cave) with two different access routes to transport ore from the deposit to the tidewater ore processing facility. The two access routes under consideration are the North access route with a distance of 25 km and South access route of 85 km.
TORONTO, May 15 (Bernama-GLOBE NEWSWIRE) -- Greenland Resources Inc. (“Greenland Resources” or the “Company”) wishes to announce that it has engaged several engineering firms to investigate four alternatives to the Wardrop 2008 feasibility study (“2008 FS”), with the aim to improve project economics and reduce the construction timing. The most significant change to the 2008 FS is to construct the ore processing plant and ancillary plant site infrastructure facilities at an overseas shipyard on barges and locate the barges at suitable constructed sites at either the North or South access route tidewater locations.
The four alternative operating scenarios are described below and consider two well established mining methods (open pit and underground block cave) with two different access routes to transport ore from the deposit to the tidewater ore processing facility. The two access routes under consideration are the North access route with a distance of 25 km and South access route of 85 km.
Week-long celebration of facility management with World FM Day
KUALA LUMPUR, May 14 (Bernama) -- The International Facility
Management Association (IFMA) is hosting a week-long celebration of facility
management (FM) World FM Day on May 16, 2018.
The World FM Day recognises the professionals who diligently work to ensure the global built environment is effective, productive, sustainable, safe and healthy, a statement said.
IFMA is collaborating with the Royal Institution of Chartered Surveyors (RICS) to recognise the critical contributions of FM through a valuable collection of content, educational resources and giveaways happening throughout the week.
This includes support for World FM Day events around the globe such as World Workplace in Barcelona, Spain as well as a series of educational webinars and access to the top FM industry resources from IFMA's Knowledge Library.
IFMA defines FM as a profession that encompasses multiple disciplines to ensure functionality of the environment by integrating people, place, process and technology. More information about FM is available online at www.whatisfm.com and www.fm.training.
IFMA is the world's largest and most widely recognised international association for facility management professionals, supporting 24,000 members in more than 100 countries. More information at www.ifma.org.
-- BERNAMA
The World FM Day recognises the professionals who diligently work to ensure the global built environment is effective, productive, sustainable, safe and healthy, a statement said.
IFMA is collaborating with the Royal Institution of Chartered Surveyors (RICS) to recognise the critical contributions of FM through a valuable collection of content, educational resources and giveaways happening throughout the week.
This includes support for World FM Day events around the globe such as World Workplace in Barcelona, Spain as well as a series of educational webinars and access to the top FM industry resources from IFMA's Knowledge Library.
IFMA defines FM as a profession that encompasses multiple disciplines to ensure functionality of the environment by integrating people, place, process and technology. More information about FM is available online at www.whatisfm.com and www.fm.training.
IFMA is the world's largest and most widely recognised international association for facility management professionals, supporting 24,000 members in more than 100 countries. More information at www.ifma.org.
-- BERNAMA
MOTION GESTURES LAUNCHES BREAKTHROUGH GESTURE RECOGNITION PLATFORM AND CLOSES $1.65 MILLION USD IN SEED FINANCING
Revolutionary software enables creation of a gesture interface in minutes, without programming or data input.
WATERLOO, Ontario, May 14 (Bernama-GLOBE NEWSWIRE) -- Motion Gestures, a Canadian machine learning startup specializing in gesture recognition software, today launched a breakthrough platform for gesture recognition applications. The software is a significant advance over conventional approaches and dramatically reduces the time, cost, and effort of building a gesture interface for any system, device, or app. It supports gesture recognition with a wide variety of motion, touch, and vision sensors and can be deployed on cloud, gateway/hub, and embedded platforms.
Watch our video!
The patent-pending technology defines the state-of-the-art in gesture recognition in six fundamental ways:
WATERLOO, Ontario, May 14 (Bernama-GLOBE NEWSWIRE) -- Motion Gestures, a Canadian machine learning startup specializing in gesture recognition software, today launched a breakthrough platform for gesture recognition applications. The software is a significant advance over conventional approaches and dramatically reduces the time, cost, and effort of building a gesture interface for any system, device, or app. It supports gesture recognition with a wide variety of motion, touch, and vision sensors and can be deployed on cloud, gateway/hub, and embedded platforms.
Watch our video!
The patent-pending technology defines the state-of-the-art in gesture recognition in six fundamental ways:
BREALTIME AND CLEARSTREAM MERGE TO FORM EMX, A NEW DIGITAL MEDIA MARKETPLACE
NEW YORK, May 14 (Bernama-GLOBE NEWSWIRE) -- bRealTime and Clearstream have merged to form EMX, a new programmatic marketplace. EMX will offer more powerful media solutions across supply, demand and data to publishers, advertisers, ad tech providers and agencies, including increased efficiencies, heightened transparency and an overall lift in ROI.
EMX combines the services of bRealTime, an automated global marketplace specializing in direct-to-consumer access through technologies like header bidding, with Clearstream, the leading deterministic data and decisioning platform for advertisers and brands. As an integrated business, EMX gives clients access to a unified supply chain providing access to more audiences on all screens, including TV, OOH, mobile and desktop.
EMX combines the services of bRealTime, an automated global marketplace specializing in direct-to-consumer access through technologies like header bidding, with Clearstream, the leading deterministic data and decisioning platform for advertisers and brands. As an integrated business, EMX gives clients access to a unified supply chain providing access to more audiences on all screens, including TV, OOH, mobile and desktop.
INVIVOSCRIBE ANNOUNCES A REGIONAL "CENTER OF EXCELLENCE" REFERENCE LABORATORY IN BEIRUT TO OFFER SPECIALIZED GENE PANELS
SAN DIEGO, May 14 (Bernama-GLOBE NEWSWIRE) -- Invivoscribe Technologies Inc., a global precision diagnostics company in oncology and personalized molecular medicine, announces a partnership with the American University of Beirut Medical Center (AUBMC) in Lebanon to create a new Center of Excellence. This facility will serve as an international service laboratory in the Middle East, testing for all hematologic diseases, including leukemia and lymphoma. This partnership will enable the American University of Beirut Medical Center to provide pharmaceutical and clinical partners in the Middle East the same high quality, reliable, standardized tests and bioinformatics tools provided by Invivoscribe’s LabPMM clinical laboratories in the U.S.A., Japan and Germany. The establishment of this center also facilitates quicker turnaround times, which are important for clinical trial enrollment and tracking of patients during the course of treatment.
GUOTAI JUNAN SECURITIES WON THE 2018 JUNDING PRIZE FOR COMPREHENSIVE INVESTORS
XIAMEN, China, May 15, 2018 /Xinhua Finance Agency-AsiaNet/--
Recently, 2018 China's Top Investors JunDing Prize award ceremony, sponsored by Securities Times, was hosted in Xiamen, a city in Southeast China, Guotai Junan Securities investment banking team won the 2018 JunDing Prize for Comprehensive Investors in the second consecutive year. Guotai Junan Securities is also the winner of the 2018 JunDing Prize for Refinancing Investment Bank, the 2018 JunDing Prize for China's Best IPO Team and the 2018 JunDing Prize for Five-star Green Bonds Co-manager. Yang Xiaotao, the Vice President of Guotai Junan Securities Investment Committee, is appraised as the 2018 China's Top 10 Outstanding Investors.
Statistics of Wind show that the sum of underwriting of Guotai Junan Securities investment banking team is almost up to 350 billion yuan in 2017, ranking as the 4th in the industry with 356 co-managers. As the second player within the industry, refinancing underwriting is over 83 billion yuan (Issuance of new shares, allotment, convertible bond and preference shares includes), taking about 10 percent of the market share. Issuance of new shares is over 58 billion yuan, with 17 percent growth. Additionally, 9 green bonds were issued last year, raising 45 billion yuan.
http://mrem.bernama.com/viewsm.php?idm=31892
Recently, 2018 China's Top Investors JunDing Prize award ceremony, sponsored by Securities Times, was hosted in Xiamen, a city in Southeast China, Guotai Junan Securities investment banking team won the 2018 JunDing Prize for Comprehensive Investors in the second consecutive year. Guotai Junan Securities is also the winner of the 2018 JunDing Prize for Refinancing Investment Bank, the 2018 JunDing Prize for China's Best IPO Team and the 2018 JunDing Prize for Five-star Green Bonds Co-manager. Yang Xiaotao, the Vice President of Guotai Junan Securities Investment Committee, is appraised as the 2018 China's Top 10 Outstanding Investors.
Statistics of Wind show that the sum of underwriting of Guotai Junan Securities investment banking team is almost up to 350 billion yuan in 2017, ranking as the 4th in the industry with 356 co-managers. As the second player within the industry, refinancing underwriting is over 83 billion yuan (Issuance of new shares, allotment, convertible bond and preference shares includes), taking about 10 percent of the market share. Issuance of new shares is over 58 billion yuan, with 17 percent growth. Additionally, 9 green bonds were issued last year, raising 45 billion yuan.
http://mrem.bernama.com/viewsm.php?idm=31892
POWERTRAC DELIVERS COMPLETE CONTROL TO EEC POWER SOURCE USERS
TAIPEI, Taiwan, May 14 (Bernama-BUSINESS WIRE) -- Extech Electronics Co. (EEC) puts control in the hands of power source users with the release of PowerTRAC, a comprehensive software solution for managing of EEC power source products, including bundled options. PowerTRAC is designed for ease use, effortlessly configuring power source settings for optimal performance. The software provides automatic recording of footprint data with each test, instantly exporting critical information to either Microsoft Excel spreadsheet or txt file formats. PowerTRAC delivers an equally user-friendly experience during setup and operation. The plug and play software recognizes each power source system immediately, placing control right at the user’s fingertips through its intuitive user interface.
EEC’s PowerTRAC software is fully compatible with the 6300, 6500, EAB, EAC, 6600, and 6700 series of EEC power source products. Additional features include flexible live parameter settings that include Program Mode with up to 400 presets, Manual Mode for on-the-fly control of voltage and frequency values, and live waveform preview to quickly spot configuration issues.
“Growth of the Internet of Things (IoT) trend and Big Data requires confidence from today’s manufactures that their systems can handle the heightened demands of tomorrow. We designed PowerTRAC software to increase work productivity from EEC power sources while delivering precise and efficient in data collection,” said EEC General Manager Brian Chen. “Now, with data collected and analyzed on a computer, manufacturers can quickly track production performance while maintaining the highest quality standards to ensure continuous optimization of their manufacturing processes”.
PowerTRAC is compatible with Microsoft Windows 7, 8, and 10 operating systems. The software requires National Instruments GPIB interface card and connection cables. Other minimum system requirements include a 1Ghz or faster AMD or Intel Pentium processor, 2 GB of RAM (3 GB recommended), and 620 MB of free hard drive space.
Tuesday, May 15, 2018
SD-WAN MARKET LEADER ARYAKA UNVEILS APPLICATION-DRIVEN ADAPTIVE QOS FOR THE WAN AT ONUG SPRING 2018
SAN MATEO, Calif., May 14 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, today unveiled new capabilities that enhance real-time quality of service over the WAN for mission-critical business applications at ONUG Spring 2018 in San Francisco, CA. Integrated with Aryaka’s SmartCONNECT global SD-WAN services, Application-Driven Adaptive QoS enables enterprises to elastically share and optimize access resources between business applications.
Monday, May 14, 2018
NETSPEED AND ESPERANTO PARTNER TO POWER SOCS FOR ARTIFICIAL INTELLIGENCE
SAN JOSE, Calif., May 8 (Bernama-GLOBE NEWSWIRE) -- NetSpeed Systems and Esperanto Technologies today announced that Esperanto has licensed NetSpeed’s IP and intelligent design environment for its Supercomputer-on-a-Chip for Artificial Intelligence (AI) applications. Esperanto’s 7nm chip will integrate thousands of RISC-V compatible processors each with vector/tensor accelerators and all connected with NetSpeed’s NoC IP.
AI applications demand new architectures to meet the need for unprecedented performance, sophisticated functionality and ultra-low power. Interconnect technology is a critical component of these architectures.
AI applications demand new architectures to meet the need for unprecedented performance, sophisticated functionality and ultra-low power. Interconnect technology is a critical component of these architectures.
Wednesday, May 9, 2018
COLD STORAGE MALAYSIA TOOK 30 CHILDREN TO EXPLORE SCIENCE
KUALA LUMPUR, May 7 (Bernama) --
Petrosains Discovery Centre, KLCC
Our Story
Petrosains Discovery Centre, KLCC
Our Story
Cold Storage brought joy to 30 children from Rumah Penyayang Nur Iman Setapak where they were treated to a fun day out to the Petrosains Discovery Centre, KLCC. The children was given the opportunity to personally experience science through hands-on interactive exhibits which was filled with fun and excitement.
This programme is part of the Corporate Social Responsibility (CSR) initiatives undertaken by GCH Retail to reach out to the less fortunate children. GCH Retail is the operator of Cold Storage stores in Malaysia.
15 ‘Big Hearted Sweet Hearts’ went all out during the discovery tour to ensure that the children experience the world of Science along with fun activities. Big Hearted Sweethearts are GCH’s volunteer brigade consisting of GCH Retail staff as well as staff from Cold Storage KLCC.
The children from 2 years old to 18 years old participated in activities such as Simple Puzzle Circuit, Woodwork String and Microbit Coding workshop led by Petrosains staff. Afterwards, the children were also given the opportunity to visit the Cold Storage flagship store located at KLCC.
“We are more than happy to host these wonderful children. We hope that they had fun and that the tour was educational to them. It was definitely a very fruitful trip to the Petrosains Discovery Centre, KLCC. We hope that the children had fun and the trip will inspire toward learning Science and Technology. We look forward to reach out to more children who are in need”, said Lau Choy Hong, Store Manager Cold Storage KLCC.
Source : GCH Retail Malaysia Sdn Bhd
Friday, May 4, 2018
Lynk appoints new Chief Technology Officer and advisor
KUALA LUMPUR, May 4 (Bernama) -- Lynk -- a global knowledge sharing platform, has appointed James Lin as Chief Technology Officer (CTO) and Xin Fu, Senior Director of Data Science at LinkedIn as an advisor.
Lynk in a statement said that Lin will lead technology innovation and product development, and be responsible for building a global, world class technology product, and data team to meet growing customer demand and support rapid business expansion.
Lin´s prior roles include CTO at Regulatory DataCorp (RDC) -- a risk diligence company for Anti Money Laundering (AML)/Know Your Customer (KYC), founded by 20 of the world´s leading financial institutions.
Meanwhile, the advisor, Xin Fu in his current role sees him driving product innovations through creative use of data and development of analytics platforms that democratise the data, the statement added.
Fu will provide similar guidance to Lynk. Prior to joining LinkedIn, Fu worked at Google and Microsoft, he has also authored over 50 refereed papers and journal articles.
Founder and chief executive officer of Lynk, Peggy Choi said that the expansion of the leadership team solidifies and strengthens the company´s path forward.
--BERNAMA
Lynk in a statement said that Lin will lead technology innovation and product development, and be responsible for building a global, world class technology product, and data team to meet growing customer demand and support rapid business expansion.
Lin´s prior roles include CTO at Regulatory DataCorp (RDC) -- a risk diligence company for Anti Money Laundering (AML)/Know Your Customer (KYC), founded by 20 of the world´s leading financial institutions.
Meanwhile, the advisor, Xin Fu in his current role sees him driving product innovations through creative use of data and development of analytics platforms that democratise the data, the statement added.
Fu will provide similar guidance to Lynk. Prior to joining LinkedIn, Fu worked at Google and Microsoft, he has also authored over 50 refereed papers and journal articles.
Founder and chief executive officer of Lynk, Peggy Choi said that the expansion of the leadership team solidifies and strengthens the company´s path forward.
--BERNAMA
SD-WAN MARKET LEADER ARYAKA SELECTED AMONG FINALISTS FOR MARKETERS THAT MATTER® AWARD FOR TRIPLING REVENUE IN LAST THREE YEARS
Marketing leadership honored among top brands such as Autodesk, Intel, Nest, PepsiCo, Old Navy, Samsung Electronics, and YouTube
SAN MATEO, Calif., May 4 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, announced today that its marketing organization has been recognized as a 2018 Marketers That Matter® Finalist in the “Driving Growth” and “Transformation Journey” categories. Through tripling revenue and improving its brand recognition score by 32 times in the last three years, Aryaka represents the first SD-WAN provider included on the list of finalists.
Over the past three years Aryaka has expanded its customer base to more than 800 global enterprises. It is now the number one pure play provider in the SD-WAN category by market share and revenue.
SAN MATEO, Calif., May 4 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, announced today that its marketing organization has been recognized as a 2018 Marketers That Matter® Finalist in the “Driving Growth” and “Transformation Journey” categories. Through tripling revenue and improving its brand recognition score by 32 times in the last three years, Aryaka represents the first SD-WAN provider included on the list of finalists.
Over the past three years Aryaka has expanded its customer base to more than 800 global enterprises. It is now the number one pure play provider in the SD-WAN category by market share and revenue.
GLOBAL SWITCH FIRST IN SINGAPORE TO ADOPT DESIGN FOR MANUFACTURING AND ASSEMBLY METHODS FOR DATA CENTRE CONSTRUCTION
SINGAPORE, May 3 (Bernama-BUSINESS WIRE) -- Global Switch, a leading owner and operator of large scale carrier and cloud neutral data centres in Europe and Asia-Pacific, announced that its Singapore Woodlands data centre, is the first project in the island state to adopt prefabricated mechanical and electrical and plumbing (MEP) modular techniques on a large scale. The data centre is due to launch later this year.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180502006290/en/
Earlier this month, a delegation from the Building and Construction Authority (BCA) led by Mr Neo Choon Keong, Deputy Chief Executive Officer (Industry Development),visited the development in order to view first-hand the advanced Design for Manufacturing and Assembly (DfMA) methods being used to construct the project. Mr Neo commented, “Global Switch Singapore Woodlands is contributing to our initiative to raise construction productivity. Visiting the site was an eye opener and we believe this project will boost the industry’s confidence in adopting prefabricated MEP systems for higher productivity and quality, in line with Singapore’s construction industry transformation efforts.”
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180502006290/en/
Earlier this month, a delegation from the Building and Construction Authority (BCA) led by Mr Neo Choon Keong, Deputy Chief Executive Officer (Industry Development),visited the development in order to view first-hand the advanced Design for Manufacturing and Assembly (DfMA) methods being used to construct the project. Mr Neo commented, “Global Switch Singapore Woodlands is contributing to our initiative to raise construction productivity. Visiting the site was an eye opener and we believe this project will boost the industry’s confidence in adopting prefabricated MEP systems for higher productivity and quality, in line with Singapore’s construction industry transformation efforts.”
ARKADIN COLLABORATES WITH DIMENSION DATA TO EXTEND VALUE OF ON PREMISES UC WITH WEBEX HYBRID SERVICES
Strength of NTT Group Companies offers Unbeatable Value Proposition in Enabling Greater Collaboration Capabilities
LONDON & ATLANTA, May 3 (Bernama-BUSINESS WIRE) -- Arkadin, a market leader in cloud Unified Communications services, announced today a joint go to market strategy with fellow NTT Group company Dimension Data, an $8 billion global technology integrator and managed services provider, to provide Cisco Webex Hybrid Services. These services enable organisations to easily connect their existing network resources and on-premises unified communications (UC) to the Webex Teams platform in the cloud for a better end-user experience and higher ROI on their UC investments.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180502005844/en/
“As members of the NTT Group, Arkadin and Dimension Data are in a highly competitive position to deploy Webex Hybrid Services,” says Amy Lind, Research Manager, VoIP and UC, IDC. “The combined assets of the NTT Group, and their historically strong Cisco partnership, present a compelling value proposition for enterprises seeking meaningful business transformation.”
LONDON & ATLANTA, May 3 (Bernama-BUSINESS WIRE) -- Arkadin, a market leader in cloud Unified Communications services, announced today a joint go to market strategy with fellow NTT Group company Dimension Data, an $8 billion global technology integrator and managed services provider, to provide Cisco Webex Hybrid Services. These services enable organisations to easily connect their existing network resources and on-premises unified communications (UC) to the Webex Teams platform in the cloud for a better end-user experience and higher ROI on their UC investments.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180502005844/en/
“As members of the NTT Group, Arkadin and Dimension Data are in a highly competitive position to deploy Webex Hybrid Services,” says Amy Lind, Research Manager, VoIP and UC, IDC. “The combined assets of the NTT Group, and their historically strong Cisco partnership, present a compelling value proposition for enterprises seeking meaningful business transformation.”
Thursday, May 3, 2018
South Korean film and culture festival on May 3 And 5
KUALA LUMPUR, May 2 (Bernama) -- The 19th Jeonju International Film Festival and 22nd Jeonju Hanji Culture Festival will be held in Jeonju, South Korea on May 3 and 5 respectively.
Jeonju is a attractive traditional culture and tourism city in Korea that preserves a village of Korean traditional houses, Hanji and Korean traditional foods -- visited by over 10 million tourists annually, a statement said.
Under the slogan of 'Liberation Zone of Expression in Film', the 10-day film festival will open on May 3, screening worldwide independent, feature, short and alternative films at 19 cinema halls in five theaters around the cinema street in Jeonju.
246 films (202 feature and 44 short films) will be screened including the opening film 'Yakiniku Dragon' directed by Jeong Ui-sin and closing film 'Isle of Dogs' directed by Wes Anderson.
The films will also compete with each other in three categories; international film contest, Korean feature film and Korean short film, the statement added.
Meanwhile, the 22nd Jeonju Hanji Culture Festival will also be held for three days starting on May 5 at the Korea Traditional Culture Center under the slogan 'Rising for One Thousand Years, Succeeding for One Thousand Years'.
Hanji is the Korean traditional paper made from fibrous skin of the mulberry. The festival will feature a colorful fashion show of Hanji clothes, Hanji handicraft art exhibition and a variety of Hanji experiencing events.
The festival will be also publicise the unique of Jeonju Hanji and to expedite industrialisation and globalisation of Hanji.
Further information about the festivals, please visit http://eng.jiff.or.kr/ and http://jHanji.or.kr/.
-- BERNAMA
Jeonju is a attractive traditional culture and tourism city in Korea that preserves a village of Korean traditional houses, Hanji and Korean traditional foods -- visited by over 10 million tourists annually, a statement said.
Under the slogan of 'Liberation Zone of Expression in Film', the 10-day film festival will open on May 3, screening worldwide independent, feature, short and alternative films at 19 cinema halls in five theaters around the cinema street in Jeonju.
246 films (202 feature and 44 short films) will be screened including the opening film 'Yakiniku Dragon' directed by Jeong Ui-sin and closing film 'Isle of Dogs' directed by Wes Anderson.
The films will also compete with each other in three categories; international film contest, Korean feature film and Korean short film, the statement added.
Meanwhile, the 22nd Jeonju Hanji Culture Festival will also be held for three days starting on May 5 at the Korea Traditional Culture Center under the slogan 'Rising for One Thousand Years, Succeeding for One Thousand Years'.
Hanji is the Korean traditional paper made from fibrous skin of the mulberry. The festival will feature a colorful fashion show of Hanji clothes, Hanji handicraft art exhibition and a variety of Hanji experiencing events.
The festival will be also publicise the unique of Jeonju Hanji and to expedite industrialisation and globalisation of Hanji.
Further information about the festivals, please visit http://eng.jiff.or.kr/ and http://jHanji.or.kr/.
-- BERNAMA
NEW MIPS I7200 PROCESSOR CORE DELIVERS UNMATCHED PERFORMANCE AND EFFICIENCY FOR ADVANCED LTE/5G COMMUNICATIONS AND NETWORKING IC DESIGNS
Highly efficient parallel processing, fast response to real-time events, and 50% performance gains position the I7200 as the core of choice for high performance embedded applications
SANTA CLARA, Calif., May 2 (Bernama-GLOBE NEWSWIRE) -- MIPS, provider of the widely used MIPS processor architecture and IP cores for licensing, today announced the I7200 multi-threaded multi-core processor, a new high performance licensable IP core in their midrange 32-bit product lineup. Class-leading efficiency is essential to power sensitive applications such as the high bandwidth modem subsystems in Advanced LTE Pro and upcoming 5G smartphone SoCs, as well as networking ICs, and other applications. The I7200 delivers 50% higher performance in less than 20% area increase than the previous generation from MIPS.
“MIPS CPUs are widely used in a range of LTE applications for mobile broadband,” said David Lau, MIPS’ Vice President of Engineering. “The performance gains across the board on the new I7200 deliver a leap forward in support of the transition to 5G systems, while providing a range of configurable features that enable the CPU core to be optimized for a specific application. For communications processing in LTE modems, where small size and power consumption are at a premium, and latency and deterministic responsiveness are critical to system performance, the I7200 can be tuned to optimize the characteristics for real-time embedded processing.”
SANTA CLARA, Calif., May 2 (Bernama-GLOBE NEWSWIRE) -- MIPS, provider of the widely used MIPS processor architecture and IP cores for licensing, today announced the I7200 multi-threaded multi-core processor, a new high performance licensable IP core in their midrange 32-bit product lineup. Class-leading efficiency is essential to power sensitive applications such as the high bandwidth modem subsystems in Advanced LTE Pro and upcoming 5G smartphone SoCs, as well as networking ICs, and other applications. The I7200 delivers 50% higher performance in less than 20% area increase than the previous generation from MIPS.
“MIPS CPUs are widely used in a range of LTE applications for mobile broadband,” said David Lau, MIPS’ Vice President of Engineering. “The performance gains across the board on the new I7200 deliver a leap forward in support of the transition to 5G systems, while providing a range of configurable features that enable the CPU core to be optimized for a specific application. For communications processing in LTE modems, where small size and power consumption are at a premium, and latency and deterministic responsiveness are critical to system performance, the I7200 can be tuned to optimize the characteristics for real-time embedded processing.”
Wednesday, May 2, 2018
REGISTRATION IS OPEN FOR 2ND SOLAR DECATHLON MIDDLE EAST IN 2020, WITH PRIZES TOTALLING OVER AED20 MILLION FOR THE TWO COMPETITIONS
DUBAI, United Arab Emirates, April 30 (Bernama-BUSINESS WIRE) -- Dubai Electricity and Water Authority (DEWA) has announced that registration is now open for the second Solar Decathlon Middle East (SDME). SDME was created through an agreement between Dubai Supreme Council of Energy, DEWA, and US Department of Energy. Dubai will host the first two rounds of SDME in November 2018, and in 2020. Prizes for the two rounds total over AED20 million (USD5.45 million).
The announcement was made at the Second International Workshop, which DEWA organised for the 21 teams from 36 universities in 15 countries participating in the first competition.
Shortlisted team for the first SDME include Team Spirit of the Union from Zayed University and the Petroleum Institute; Team Know-Howse from University of Sharjah, UAE and University of Ferrara, Italy; Team ORA from Heriot-Watt University in Dubai; Team NYUAD from New York University Abu Dhabi; Team Jeel from the American University in Dubai; Team Al Bayt Al Kamel from the American University of Ras Al Khaimah; Team UOW from University of Wollongong-Australia and University of Wollongong Dubai, and Team Aqua Green from Ajman University from the UAE. It also includes Team KSU from King Saud University in Saudi Arabia; Team SoLLite Salalah from Dhofar University in Oman; Team BaityKool from the University of Bordeaux, France, Amity University in the UAE, and An-Najah National University from Palestine; Team EFdeN from Ion Mincu University of Architecture and Urbanism, University Politehnica of Bucharest, and Technical University of Civil Engineering Bucharest, Romania and Birla Institute of Technology and Science Pilani Dubai Campus, UAE; Team FutureHAUS from Virginia Tech University in the USA; Team HAAB from University of Chieti-Pescara Gabriele D'Annunzio University of Pisa, and University of Campania Luigi Vanvitelli in Italy; Team Sapienza from Sapienza University of Rome, Italy; Team VIRTUe from Eindhoven University of Technology in the Netherlands; Team TDIS from the National Chiao Tung University in Taiwan; Team MizanHome from Universiti Teknologi and Universiti Sains Islam in Malaysia; Team Twist Box from the University of Belgrade, Serbia; Team Jordan from the University of Jordan, and Team Bgreen from the National University of Sciences and Technology in Pakistan.
Teams can register on www.solardecathlonme.com
http://mrem.bernama.com/viewsm.php?idm=31801
The announcement was made at the Second International Workshop, which DEWA organised for the 21 teams from 36 universities in 15 countries participating in the first competition.
Shortlisted team for the first SDME include Team Spirit of the Union from Zayed University and the Petroleum Institute; Team Know-Howse from University of Sharjah, UAE and University of Ferrara, Italy; Team ORA from Heriot-Watt University in Dubai; Team NYUAD from New York University Abu Dhabi; Team Jeel from the American University in Dubai; Team Al Bayt Al Kamel from the American University of Ras Al Khaimah; Team UOW from University of Wollongong-Australia and University of Wollongong Dubai, and Team Aqua Green from Ajman University from the UAE. It also includes Team KSU from King Saud University in Saudi Arabia; Team SoLLite Salalah from Dhofar University in Oman; Team BaityKool from the University of Bordeaux, France, Amity University in the UAE, and An-Najah National University from Palestine; Team EFdeN from Ion Mincu University of Architecture and Urbanism, University Politehnica of Bucharest, and Technical University of Civil Engineering Bucharest, Romania and Birla Institute of Technology and Science Pilani Dubai Campus, UAE; Team FutureHAUS from Virginia Tech University in the USA; Team HAAB from University of Chieti-Pescara Gabriele D'Annunzio University of Pisa, and University of Campania Luigi Vanvitelli in Italy; Team Sapienza from Sapienza University of Rome, Italy; Team VIRTUe from Eindhoven University of Technology in the Netherlands; Team TDIS from the National Chiao Tung University in Taiwan; Team MizanHome from Universiti Teknologi and Universiti Sains Islam in Malaysia; Team Twist Box from the University of Belgrade, Serbia; Team Jordan from the University of Jordan, and Team Bgreen from the National University of Sciences and Technology in Pakistan.
Teams can register on www.solardecathlonme.com
http://mrem.bernama.com/viewsm.php?idm=31801
STATEMENT REGARDING MALAYSIAN AIR AUTHORITY INVESTIGATION
KUALA LUMPUR, Malaysia, April 30 (Bernama-GLOBE NEWSWIRE) -- VistaJet confirms the recent statements of the Malaysian Authorities that one of the Company’s aircraft had a normal course of operations technical issue before departure which at no point jeopardized safety. Another VistaJet aircraft was immediately made available to fulfil the customer's schedule.
BLACK & VEATCH'S PRICO® TECHNOLOGY TO PLAY CRITICAL ROLE IN FLNG, ENABLING BP FIELD DEVELOPMENT WORK IN GREATER TORTUE/AHMEYIN
Golar Returns to Black & Veatch and Keppel Shipyard to convert third LNG vessel and develop FLNG in West Africa, expanding global reach
OVERLAND PARK, Kan., April 30 (Bernama-GLOBE NEWSWIRE) -- Black & Veatch’s patented PRICO® technology and engineering and procurement capabilities are expected to play another major role in floating liquefied natural gas (FLNG) technology, this time for BP’s field development in West Africa. Known for its competitive performance in FLNG developments, Black & Veatch is teaming with Keppel Shipyard Limited (Keppel Shipyard) to convert a liquefied natural gas (LNG) carrier, the Gimi, into a floating liquefaction facility.
This project continues the close partnership between Keppel Shipyard and Golar LNG (Golar). Black & Veatch has grown its relationship with Golar since 2011, going from concept to front-end design to design and delivery of FLNG vessel conversions. In 2014, Golar awarded the EPC contract to Keppel Shipyard and Black & Veatch to convert the Hilli Episeyo, a 125,000 cubic meter LNG carrier, to an FLNGV.
OVERLAND PARK, Kan., April 30 (Bernama-GLOBE NEWSWIRE) -- Black & Veatch’s patented PRICO® technology and engineering and procurement capabilities are expected to play another major role in floating liquefied natural gas (FLNG) technology, this time for BP’s field development in West Africa. Known for its competitive performance in FLNG developments, Black & Veatch is teaming with Keppel Shipyard Limited (Keppel Shipyard) to convert a liquefied natural gas (LNG) carrier, the Gimi, into a floating liquefaction facility.
This project continues the close partnership between Keppel Shipyard and Golar LNG (Golar). Black & Veatch has grown its relationship with Golar since 2011, going from concept to front-end design to design and delivery of FLNG vessel conversions. In 2014, Golar awarded the EPC contract to Keppel Shipyard and Black & Veatch to convert the Hilli Episeyo, a 125,000 cubic meter LNG carrier, to an FLNGV.
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