​AvePoint Announces Dual Listing on the Singapore Exchange to Continue Global Expansion

Company makes history as the first B2B SaaS stock on SGX and the first company dual listed on Nasdaq and SGX

JERSEY CITY, N.J., Sept 19 (Bernama-GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT, SGX: AVP), the global leader in data security, governance, and resilience, today announced its listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX) under the symbol “AVP.” This marks a historic milestone as AvePoint becomes the first B2B SaaS stock to be listed on SGX, and the first company to be dual listed on both Nasdaq and SGX.

“Our SGX listing is an exciting step in AvePoint’s ongoing global expansion, broadening our customer, partner, and investor base as the demand for our data protection technology increases,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. “Trading on SGX complements our presence on Nasdaq, allowing AvePoint to expand especially as we witness the surge of technological advancement and innovation in Singapore.”

AvePoint established its initial presence in Singapore in 2009, and Singapore now serves as the company’s Asia Headquarters and International R&D Hub, fueling innovation in data security, governance and resilience. The company continues to expand its global footprint, solving data protection challenges for organizations around the world.

“SGX is pleased to welcome AvePoint to our stock market,” said Loh Boon Chye, CEO, SGX Group. “Its dual listing on SGX reflects AvePoint’s strong track record in Asia Pacific and its strategy to broaden its investor base across the region. This milestone also underscores Singapore’s stature as a trusted, international hub at the intersection of capital and innovation, an increasingly vital venue for global technology leaders tapping into Asia’s dynamic growth.”

AvePoint’s SGX listing complements its established presence on Nasdaq, where the company initially went public in 2021.

“AvePoint makes history today as the first company to achieve a dual listing on both Nasdaq and SGX, which is a proud moment for us all,” said Bob McCooey, Vice Chairman, Nasdaq. “Since their Nasdaq listing in 2021, AvePoint’s journey has been marked by innovation, growth, and leadership in technology. This milestone not only deepens our longstanding partnership but also highlights the global reach and ambition that defines both AvePoint and Nasdaq. We are excited to support AvePoint as they continue to expand their impact worldwide, and we wish the entire team great success in this next phase of growth.”

Concurrent with the SGX listing, AvePoint completed a successful secondary offering of shares of its common stock, which was more than three times oversubscribed. Forty institutional investors were ultimately allocated shares in the offering, with strong support from long only investors, which allowed for pricing from the midpoint of the range at SGD 19.50 per share.

About AvePoint

Beyond Secure. AvePoint is the global leader in data security, governance, and resilience, going beyond traditional solutions to ensure a robust data foundation and enable organizations everywhere to collaborate with confidence. Over 25,000 customers worldwide rely on the AvePoint Confidence Platform to prepare, secure, and optimize their critical data across Microsoft, Google, Salesforce, and other collaboration environments. AvePoint’s global channel partner program includes approximately 5,000 managed service providers, value-added resellers, and systems integrators, with solutions available in more than 100 cloud marketplaces. To learn more, visit www.avepoint.com.

Forward-Looking Statements:

This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and other federal securities laws including statements regarding the future performance of and market opportunities for AvePoint. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance across competitors, changes in laws and regulations affecting AvePoint’s business and changes in AvePoint’s ability to implement business plans, forecasts, and ability to identify and realize additional opportunities, and the risk of downturns in the market and the technology industry. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of AvePoint’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Copies of these and other documents filed by AvePoint from time to time are available on the SEC's website, www.sec.gov. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and AvePoint does not assume any obligation and does not intend to update or revise these forward-looking statements after the date of this release, whether as a result of new information, future events, or otherwise, except as required by law. AvePoint does not give any assurance that it will achieve its expectations. Unless the context otherwise indicates, references in this press release to the terms “AvePoint,” “the Company,” “we,” “our” and “us” refer to AvePoint, Inc. and its subsidiaries.

Disclosure Information:

AvePoint uses the https://www.avepoint.com/ir website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. 

Contacts

Investor Contact:
AvePoint
Jamie Arestia
ir@avepoint.com
(551) 220-5654 

Media Contact:
AvePoint
Nicole Caci
pr@avepoint.com
(201) 201-8143

SOURCE: AvePoint, Inc.

--BERNAMA 

AM Best Withdraws New Zealand's Foundation Life Ratings Following Policy Cancellations

KUALA LUMPUR, Sept 19 (Bernama) -- Global credit rating agency, AM Best has withdrawn the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Foundation Life (NZ) Limited (FLNZ) as the company no longer holds insurance policy liabilities.

While FLNZ remains a licensed insurer, the Reserve Bank of New Zealand has granted the company an exemption under section 60 (2A) of the Insurance (Prudential Supervision) Act 2010 from having to hold a current financial strength rating.

According to the global credit rating agency in a statement, at the time of the withdrawal, both ratings carried a stable outlook.

As part of its winding-down process, FLNZ cancelled all participating insurance policies with effect from Sept 1. Policyholders were offered options including a cash payout, a replacement life insurance policy with Chubb Life Insurance New Zealand Ltd (Chubb Life NZ), or a combination of both.a

The company also transferred all unsettled claims and policies to Chubb Life NZ. Cash payments to policyholders are expected to begin in early October 2025.

AM Best noted that its procedure normally includes a final rating opinion upon withdrawal. However, as FLNZ no longer carries insurance assets or liabilities, a final opinion could not be issued.

FLNZ’s withdrawal marks the latest step in the company’s ongoing exit from the insurance market.

-- BERNAMA

JTB Establishes Dubai Branch Office in the United Arab Emirates

Expanding B2B Travel Solution Business in the Middle East Market

DUBAI, United Arab Emirates, Sept 18 (Bernama-BUSINESS WIRE) -- JTB Corp. (Headquarters: Shinagawa-ku, Tokyo; President & CEO: Eijiro Yamakita), Japan’s leading travel solution provider, today announces the establishment of a branch office in Dubai, United Arab Emirates (UAE), as part of its strategic expansion of B2B travel solution business. The new Dubai branch will officially commence operations in January 2026.

Dubai, UAE serves as a pivotal hub in the rapidly growing Middle East economy, witnessing an accelerating influx of global corporations. This dynamic business environment presents robust demand for diverse corporate activities. Additionally, the region hosts a substantial population of high-net-worth travelers with strong interest in Japan, representing significant potential for future inbound tourism growth.

JTB has established its Dubai Branch to align with the UAE’s vision as a global hub for business and tourism, aiming to expand its B2B travel solutions in the Middle East. The branch offers comprehensive corporate services, including the planning and management of corporate opening ceremonies, incentive travel programs, award events, and business meetings for companies in the region. It also provides business travel management solutions, marketing support, and inspection tours for businesses expanding into the Middle East. Furthermore, the branch will promote inbound travel to Japan by leveraging national tourism policies and local government initiatives.

Branch Office Overview
 

Branch Name	JTB Dubai Branch
Legal Entity	JTB Pte Ltd Middle East Sales Office
Location	Dubai Airport Free Zone, Dubai, United Arab Emirates
Representative	Naoki Kobayashi
Business Activities	Business solutions including corporate opening ceremonies, incentive travel, award events, meeting planning and management, business travel management, marketing support for companies expanding into the Middle East, inspection tours, and Japan inbound promotion for local governments
Launch Date	January 2026

* The office is licensed under the Dubai Airport Free Zone Authority (DAFZA), ensuring compliance with local regulations and business standards.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250915874183/en/ 

Contact

Media Inquiries:
JTB Corp.
Branding, Marketing and Communications Team
TEL: +81-3 5796-5833 (Tokyo)
TEL: +81-6 6260-5108 (Osaka)
Email: jtb0074_all@jtb.com 

Source : JTB Corp.

--BERNAMA 

SG Entertech Launches Android VR Mini Platform, Eyes Southeast Asia Expansion

 

Snack VR is an innovative VR mini-platform that operates in just 5㎡ of space, presenting a new business model expandable across tourism, education, and cultural sectors (Photo: SG Entertech Co., Ltd.)

KUALA LUMPUR, Sept 17 (Bernama) -- SG Entertech Co Ltd, a South Korean Virtual Reality (VR) startup, has announced the global launch of Snack VR, an innovative VR mini-platform for international markets.

“Snack VR is more than a simple VR gaming device; it is a convergence platform connecting tourism, education, and cultural industries.

“We aim to drive the growth of the regional digital entertainment market by delivering cost-effective, high-performance VR solutions in partnership with local players across Southeast Asia,” said SG Entertech Chief Operating Officer, PyoKook Sun in a statement.

The latest launch transcends the limitations of traditional VR arcade industries with an unmanned VR platform that requires just five square metres of space, offering a new business model for the tourism, education, and cultural sectors.

The new VR business model offers up to 70 per cent cost savings through automation and an unmanned payment system supporting credit card and mobile transactions.

Headquartered in Seoul, SG Entertech is currently in partnership discussions with tourism boards, education offices, shopping malls, hotel chains, and museums in South Asian countries.

Through licensing and agency models, the company enables local businesses and institutions to easily participate in VR projects, offering small-scale entrepreneurs and investors opportunities to enter the VR industry with low initial costs.

It also provides public institutions in the tourism and education sectors with business-to-government (B2G) collaboration opportunities to win government-led projects and helps global brands and retailers enhance experiential marketing strategies through business-to-business (B2B) expansion.

-- BERNAMA

Expereo: Global Tech Talent Crunch Slows AI Progress, Reshapes Enterprise Strategy

KUALA LUMPUR, Sept 18 (Bernama) -- Global businesses are facing increasing challenges in achieving growth targets due to persistent shortages in technology-related skills, particularly in areas linked to artificial intelligence (AI).

According to the IDC InfoBrief commissioned by Expereo, titled “Enterprise Horizons 2025: Technology Leaders Priorities: Achieving Digital Agility”, organisations continue to struggle in retaining or sourcing talent in networking (39 per cent), cybersecurity (40 per cent), and data/AI/automation (33 per cent).

The report highlighted that these figures remain largely unchanged from 2024, underscoring the difficulties faced by enterprises in accelerating AI adoption while balancing leadership and workforce strategies.

Expereo chief executive officer (CEO), Ben Elms in a statement said that technology leaders are under mounting pressure to manage infrastructure, drive AI strategy and address talent shortages simultaneously.

“What is encouraging is that many enterprises are responding proactively by strengthening vendor partnerships, rethinking leadership structures and investing in talent to remain competitive,” he said.

To overcome the talent gap, 45 per cent of global businesses expect to increase reliance on external vendors for networking support, while 37 per cent plan to do the same for cybersecurity.

At the same time, companies are investing in internal initiatives such as upskilling, cross-training and human skills development, including collaboration and creativity.

The study noted that enterprises are taking a dual approach – leveraging vendor expertise while building internal capabilities – to address the shortage and ensure resilience in their digital transformation journey.

The demand to unlock AI’s potential is also reshaping boardroom dynamics. Nearly one in three technology leaders (29 per cent) said their CEO is now working more closely with the chief information officer (CIO) compared to a year ago.

At the same time, 79 per cent of technology leaders reported that the focus on AI has raised their profile at board level, compared with 60 per cent in 2024.

However, despite predictions last year that a chief AI officer (CAIO) would soon assume many CIO functions, 87 per cent of businesses have yet to appoint one.

-- BERNAMA

AM Best Affirms Credit Ratings of Samsung Fire & Marine Insurance Co., Ltd., and Its Subsidiaries

 

HONG KONG, Sept 19 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of Samsung Fire & Marine Insurance Co., Ltd. (SFM) (South Korea) and its subsidiaries, Samsung Fire & Marine Insurance Company of Europe Limited (United Kingdom), Samsung Vina Insurance Co., Ltd. (Vietnam) and Samsung Reinsurance Pte. Ltd. (Singapore). Concurrently, AM Best has affirmed the FSR of A- (Excellent), the Long-Term ICR of “a-” (Excellent), and the Indonesia National Scale Rating of aaa.ID (Exceptional) of PT Asuransi Samsung Tugu (AST) (Indonesia). The outlook of these Credit Ratings (ratings) is stable.

The ratings of SFM reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favourable business profile and very strong enterprise risk management (ERM).

The ratings of AST reflect its balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and appropriate ERM. The ratings also recognise the wide range of support provided by AST’s parent, SFM.

SFM’s risk-adjusted capitalisation is expected to remain comfortably at the strongest level over the medium term, as measured by Best’s Capital Adequacy Ratio (BCAR), mainly supported by its robust available capital. The company maintains the highest regulatory solvency ratio among its non-life peers in South Korea even after transitioning to a more stringent solvency regime, and it plans to use excess capital for growth opportunities and shareholder returns in future years. While SFM’s capital is exposed to certain volatility resulting from the changes in the market value of its affiliated stock holdings, its risk-adjusted capitalisation has demonstrated strong resilience to various capital market stress scenarios. Additionally, SFM’s balance sheet strength is supported by its debt-free position, low level of underwriting leverage and conservative investment strategy.

SFM has a long-term track record of strong operating performance supported by a highly stable underwriting performance with a relatively low combined ratio compared with its domestic peers, and robust investment profits. The company’s long-term insurance line performance is expected to continue demonstrating a positive distinction from its market peers, underpinned by its large profitable book of existing policies and strong capability to generate a new business contractual service margin. In addition, SFM’s auto line remains profitable through various underwriting initiatives, favourable regulations, and acquisition cost efficiency from its online channel, despite the cumulative effect of prior base rate cuts and inflation on repair costs in recent years.

SFM is the market leader in South Korea’s non-life sector with an approximately 22% market share in terms of gross insurance service revenue in 2024 and has superior branding power being a part of the wider Samsung Group. The company has strong control over its distribution of long-term insurance through a large network of tied agents, and it is capable of flexibly adjusting its channel strategy to balance growth and profitability. SFM also has market-leading online channel for its auto insurance and benefits from first-mover advantages. Furthermore, the company’s affiliation with Samsung Group enables it to provide group-related business in South Korea and overseas, which serves as a good source of profits in its general insurance line with favourable loss ratios.

As part of its long-term vision, SFM has been cautiously pursuing global expansion, including investment and partnerships in overseas markets over the past few years. SFM’s recent ventures include expanding its investment in Canopius Group Limited and this business partnership in the U.S. market, as well as the transition of its China subsidiary into a joint venture with Tencent Holdings Limited, in order to tap into that country’s online personal lines segment more effectively.

With a sophisticated risk management culture and framework that are entrenched in the organisation, AM Best views SFM’s ERM capabilities as superior to those of its domestic and international peers with similar risk profiles.

AST’s risk-adjusted capitalisation is assessed at the strongest level, as measured by BCAR, and is expected to remain so over the intermediate term. The company’s balance sheet strength is supported by its low net underwriting leverage and conservative and liquid investment portfolios, which partially offset AST’s small absolute capital base. AST’s capital at the end of 2024 was well above the upcoming capital requirements set by its domestic regulator for 2026. Moderately high credit risk derived from AST’s sizeable reinsurance exposure to domestic (re)insurers is mitigated partially by affiliated and international reinsurance partners of high credit quality and strict counterparty monitoring by SFM.

AST’s strong operating performance is supported by its highly profitable underwriting and stable investment income as evidenced by a five-year average combined ratio of 28.6% (2020-2024) and a return-on-equity ratio of 9.1%, as calculated by AM Best. The company’s underwriting performance is mainly driven by its low expense ratio, which is attributable to large reinsurance commission income and low acquisition costs from the direct distribution channel. AST has historically benefitted from favourable loss ratios of Samsung group risks and the Korean Interest Abroad (KIA) business compared with local Indonesian inward business.

AST is a joint venture between SFM and PT Asuransi Tugu Pratama Indonesia Tbk, which have 70% and 30% shareholding, respectively. AM Best expects the KIA and Samsung group risks will remain as the main underwriting focus of AST over the medium term. AST plans to gradually increase its local inward business through selective partnerships for growth and to support SFM’s expansion strategy for global inward business, although AST’s current exposure to the non-Korean related Indonesian business is modest.

AST shares the Samsung brand and is highly integrated into its parent, receiving support in various areas such as key personnel, underwriting, marketing, risk management and reinsurance. Although there is no track record of capital injections from SFM due to AST’s strong capital buffer, AM Best expects the parent will provide capital support, if the need arises.

Negative rating actions could occur for SFM if there is a significant deterioration in its balance sheet strength fundamentals, including its risk-adjusted capitalisation. Negative rating actions also could arise if there is a continuous deterioration in the company’s operating performance to a level that no longer supports the current strong assessment. While it is thought to be unlikely, positive rating actions could occur if SFM’s operating performance demonstrates exceptionally strong and consistent results.

Negative rating actions could occur for AST if support from SFM is reduced to an extent that no longer supports the current level of rating enhancement. Negative rating actions also could result if there is a sustained deterioration in AST’s operating performance, or its risk-adjusted capitalisation significantly deteriorates such as from heightened credit risk following major loss events due to its high reinsurance dependency. Positive rating actions could occur if there is a notable and sustained expansion of AST’s market presence leading to an improved business profile.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250918970038/en/

Contact

Seokjae Lee
Senior Financial Analyst
+852 2827 3407
seokjae@ambest.com

Chanyoung Lee
Director, Analytics
+852 2827 3404
chanyoung.lee@ambest.com

Patrick McCrystal
Financial Analyst
+44 20 3808 2988
patrick.mccrystal@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

Source : AM Best

AM Best Upgrades Issuer Credit Rating of Beneficial Insurance Limited

SINGAPORE, Sept 19 (Bernama-BUSINESS WIRE) -- AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Beneficial Insurance Limited (Beneficial) (New Zealand). In addition, AM Best has revised the Long-Term ICR outlook to stable from positive, while the outlook of the FSR is stable.

The Credit Ratings (ratings) reflect Beneficial’s balance sheet strength, which AM Best assesses as adequate, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.

The Long-Term ICR upgrade reflects the sustained improvement in Beneficial’s balance sheet strength rating fundamentals, supported by its robust internal capital generation and appropriate retention of earnings. The company’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR), has consistently remained at the strongest level with a comfortable buffer, and is expected to remain at this level over the medium term. This is supported by prudent capital management, conservative investment strategy and moderate net underwriting leverage. Partially offsetting balance sheet strength factors include Beneficial’s small absolute capital base, which is viewed to be susceptible to volatility in stress scenarios, as well as to negative deviations in future operating performance as compared to current expectations. AM Best’s balance sheet strength analysis also incorporates a neutral holding company impact from the company’s ownership by Beneficial Holdings Limited.

AM Best assesses Beneficial’s operating performance as strong. The assessment reflects its track record of strong operating performance metrics. In fiscal year 2025, the company reported a combined ratio (net/net, IFRS 17) of 71.1% and return-on-equity of 33.3%. Profitability is driven by the favourable underwriting performance of Beneficial’s core pet insurance portfolio. Investment income remains a stable contributor to the company’s overall profits, with a net investment yield of 6.3% in fiscal-year 2025. Prospectively, AM Best expects Beneficial to maintain its strong operating performance, supported by its robust underwriting profits and positive investment income.

AM Best views Beneficial’s business profile to be limited, largely reflecting its small-scale operations and limited product and geographic diversifications. The company is a niche insurer with a good market presence in the pet insurance sector in New Zealand, albeit maintaining a small overall market share in the domestic general insurance industry. Beneficial's product risk profile is considered low given its focus on pet insurance, which is generally less exposed to large losses and catastrophe events.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250918527895/en/

Contact

Chee Yun
Financial Analyst
+65 6303 5019
chee.yun@ambest.com

Yi Ding
Associate Director, Analytics
+65 6303 5021
yi.ding@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

Source : AM Best

SOUNDHEALTH TO SHOWCASE AI-POWERED AIRWAY SCREENING APP AT WORLD SLEEP 2025

KUALA LUMPUR, Sept 19 (Bernama) -- SoundHealth, a medical technology company specialising in artificial intelligence (AI) solutions for respiratory health, will debut its groundbreaking AI-powered mobile platform, Airway, at World Sleep 2025 in Singapore this September.

The smartphone-based tool is designed to screen for obstructive sleep apnoea and sleep-disordered breathing in both children and adults. The presentation will be delivered by a team of physicians and experts, including SoundHealth founder and chief executive officer, Paramesh Gopi.

“We believe the Airway app represents a significant breakthrough in accessible airway diagnostics. By putting a non-invasive, accurate screening tool directly into the hands of clinicians and patients, we are entering a new frontier in digital health,” he said in a statement.

Meanwhile, orthodontics and dental sleep medicine expert Dr Eric Phelps said the technology could transform early detection of airway and sleep-breathing disorders, while the app provides a safe, scalable and objective tool to screen patients across all ages, expanding access to diagnosis beyond traditional clinical settings.

Airway is described as the first mobile platform that enables accurate sinonasal and airway function assessment without relying on traditional imaging methods such as cone beam computed tomography (CBCT).

The application leverages a smartphone’s camera and microphone to provide a non-invasive and radiation-free solution for large-scale screening.

The system works by capturing 3D facial scans to extract craniofacial landmarks predictive of nasal dimensions, allowing for a virtual reconstruction of airway structures, and also analyses voice recordings to measure speech resonance in different positions, producing a “Voice Nasal Flow Index” sensitive to posture-related congestion and obstruction.

According to validation studies, the platform demonstrated 95 per cent accuracy when compared with clinical CT scans for key nasal airway parameters. It generates three main scores—upper airway susceptibility, lower airway resistance and the Voice Nasal Flow Index—combined into an overall “Airway Health Score”.

The app is designed for scalable use in schools, dental practices and sleep clinics, offering early detection of airway dysfunctions that may affect craniofacial development, orthodontic planning and sleep quality.

-- BERNAMA

Cloudera Named Leader In IDC APAC MarketScape For Unified AI Platforms 2025

KUALA LUMPUR, Sept 17 (Bernama) -- Cloudera, the only company bringing artificial intelligence (AI) to data anywhere, has been named a Leader in the IDC APAC MarketScape for Unified AI Platforms 2025 vendor assessment.

Cloudera in a statement said IDC highlighted its ability to deliver a comprehensive platform that integrates the latest generative AI and agentic workflows with enterprise-grade governance, security, and operational features.

“Being named a leader by IDC is a milestone that validates our vision of bringing AI to data anywhere. Enterprises today face the dual challenge of accelerating innovation while ensuring trust and compliance. 

“Cloudera is uniquely positioned to help them achieve both, delivering the transparency, security, and scalability they need to responsibly adopt generative and agentic AI at scale,” said Cloudera Senior Vice President for Asia Pacific and Japan, Remus Lim.

Cloudera’s platform is built to help organisations scale responsible AI in highly regulated and complex environments, supporting industries such as financial services, telecom, healthcare, and government. 

According to IDC, Cloudera’s strengths include robust frameworks with fine-grained policies, audit trails, and compliance alignment, while it also has end-to-end capabilities spanning data engineering, machine learning operations/large language model operations (MLOps/LLMOps), generative AI orchestration, and agentic workflows with built-in observability.

The company has also expanded its capabilities through strategic acquisitions and partnerships. Its low-code/no-code AI Studios enable both technical and business users to build, deploy, and manage AI faster.

Cloudera continues to invest heavily in research and development, with nearly half its global workforce dedicated to engineering. This recognition follows a period of rapid innovation for the company, including the launch of Cloudera AI Workbench for building and deploying AI agents, Cloudera AI Inference for cost-efficient GenAI at scale, and expanded governance capabilities to ensure compliance and transparency across the AI lifecycle.

-- BERNAMA

Bitget Wallet Partners With Aave to Launch Stablecoin Earn Plus, A Long-term Flexible 10% Yield Product

Bitget Wallet's USDC income product, Stablecoin Earn Plus powered by Aave, offers 10% APY — the highest among self-custodial wallets and above exchange rates — via Aave integration with flexible, instant access

SAN SALVADOR, El Salvador, Sept 10 (Bernama-GLOBE NEWSWIRE) -- Bitget Wallet, the leading non-custodial crypto wallet, has selected to partner with Aave, the largest and most trusted decentralized lending protocol, to launch Stablecoin Earn Plus, delivering a long-term base annual percentage yield (APY) of 10%, higher than yields currently available from other self-custodial wallets and major exchanges. The initiative combines Aave's onchain lending markets with Bitget Wallet's proprietary yield subsidies, enabling users worldwide to earn dollar-denominated income with instant access to funds. 

The product channels user-supplied USDC into Aave's overcollateralized lending pools on the Base network, where interest from borrowers is supplemented by Bitget Wallet to guarantee a minimum return of 10% APY on deposits up to US$10,000. Participation starts from as little as US$1, with earnings accruing in real time and withdrawals processed in seconds. This ensures deposits remain liquid for transfers, trading, or payments — a stark contrast to traditional banking products, which can take days to release funds and offer rates below 2% annually.

Compared with yield products from both exchanges and other self-custodial wallets, Bitget Wallet's Stablecoin Earn Plus offers roughly double the return, with most alternatives providing no more than 6% APY for similar USDC-based services. Onchain lending markets like Aave often deliver higher yields than centralized platforms because funds are matched directly to borrower demand without intermediary spreads or custodial overhead. Aave’s stablecoin yields have proven to be the most attractive risk-adjusted returns in the market, surpassing Treasuries over the last 18 months. 

Bitget Wallet integrates directly with Aave, sending deposits onchain to overcollateralized lending markets, with each transaction verifiable on the blockchain. The wallet also maintains a User Protection Fund backed by 6,500 BTC, now valued at over US$700 million, reflecting its broader commitment to user security in parallel with the safeguards of decentralized protocols. 

Stani Kulechov, Founder of Aave Labs, said, "Bitget Wallet is making Aave’s yields simple to access for more people globally. By connecting easy-to-use wallets with trusted onchain markets, everyday savers can now benefit from open and transparent finance." 

Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, added, "Partnering with Aave allows us to connect institutional-grade yield opportunities with a wider user base. Building Stablecoin Earn Plus powered by Aave allows Bitget Wallet to offer users higher APY with real-time accrual and the flexibility to withdraw anytime — all within the same wallet people already use to trade across chains, make payments, and discover new opportunities. It’s a practical step toward our vision of making crypto simple enough to be part of everyday life, for everyone.”

In bringing Stablecoin Earn Plus to market, Bitget Wallet collaborated with Aave and service provider TokenLogic to ensure the integration aligns with the protocol’s long-term sustainability goals. The product is built on Aave’s interest-bearing aTokens, which automatically pass underlying yields to users in real time. Over time, this framework could expand to additional assets and networks, broadening access to Aave’s liquidity markets through one of the largest global wallet distribution channels. 

Bitget Wallet plans to expand Stablecoin Earn Plus to additional stablecoins, protocols, and blockchains in the coming months, aligning with its broader "Crypto for Everyone" vision to make digital assets a viable tool for savings, payments, and investments worldwide. As a launch promotion, users who participate between September 9 and September 15 will receive an enhanced 18% APY during the first week. 

For more information, visit the Bitget Wallet blog. 

About Aave 

Aave is the world’s largest and most trusted decentralized finance (DeFi) platform, with nearly $70 billion in deposits and over $28 billion in active loans. Built entirely on blockchain software and governed by its community of AAVE token holders, Aave operates as a global savings and borrowing network where people can earn by depositing crypto or stablecoins, borrow instantly using crypto as collateral, save and grow assets automatically, and swap tokens directly in the platform. Everything runs on transparent smart contracts, with no banks, no paperwork, and 24/7 open access worldwide. Visit at Aave.com 

About Bitget Wallet 
Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users' assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people. 

For more information, visit: X | Telegram | YouTube | LinkedIn | TikTok | Discord | Facebook
For media inquiries, contact media.web3@bitget.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d200b3d5-dea6-4e28-8994-4bc16849d29a 

SOURCE: Bitget Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

Bitget Elite Day London to Feature Top Minds Debating the Future of Digital Finance

VICTORIA, Seychelles, Sept 8 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, is set to host Bitget Elite Day London, an exclusive event in partnership with Saturnia Design. The event, taking place on September 10th at The Royal Society, aims to cultivate a realistic and long-term vision for digital finance in Europe by focusing on how blockchain can evolve beyond speculation to deliver sustainable real-world impact.

Building on the success of Bitget Elite Day in Budapest, which brought together a diverse group of industry players last June, the London edition will push the conversation forward. This gathering will bring together global leaders and innovators to directly address a critical and timely question: Can blockchain thrive without crypto and will crypto remain relevant over the next decade?

The discussion will be led by a panel of thought leaders, including Shamit Ghosh, CEO and Founder of GVG Group, and Mike Vitez, Co-founder of Saturnia Design. They will cut through market noise to tackle significant topics such as the role of DeFi in traditional banking, new investment opportunities unlocked by tokenization, and whether digital wallets can become digital passports.

"Bitget Elite Day London is designed to facilitate the serious debate needed to move Web3 beyond its early stages," said Vugar Usi Zade, COO of Bitget. "Our goal is to bring together stakeholders from various industries to align on innovation, compliance, and adoption, charting a path for the sustainable future of digital finance."

This event comes at a time when Europe’s digital asset landscape is experiencing significant shifts. As one of the largest cryptocurrency economies, Europe is at the forefront of Web3 innovation, with a growing ecosystem of institutional and retail participants. As the market evolves rapidly, a new era of opportunity is emerging, driven by real-world applications of blockchain technology.

Mike Vitez, Co-founder of Saturnia Design, reinforced the necessity for tangible action in the Web3 market. "We're not here to talk about abstract ideas. Instead, we want to explore tangible ways that Web3 can solve real-world problems. This event is about moving from vision to execution and showing how a user-centric approach can drive lasting, meaningful adoption."

Bitget Elite Day is part of the company's ongoing commitment to increasing awareness of Web3 and crypto technologies and empowering the next generation to master these innovations. Other initiatives include the Blockchain4Youth program with over 70 University partnerships and 3000 certificates issued, as well as the recent partnership with UNICEF which will provide blockchain training modules to adolescent girls, mentors and teachers in eight developing countries.

For more information about the event, click here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet 

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/90fa8354-bedd-44df-8da4-973bbcbcd46b 

SOURCE: Bitget Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA