WILSONVILLE, Ore., Oct 3 (Bernama-GLOBE NEWSWIRE) -- FLIR Systems, Inc. (NASDAQ:FLIR) has been awarded a $74.7 million firm-fixed-price order to deliver TacFLIR® surveillance cameras in support of the U.S. Army EO/IR-Force Protection (FP) program. The U.S. Army will purchase the systems through Army Contracting Command, Redstone.
The units delivered under this contract will support the ongoing U.S. Army EO/IR-FP program, which provides enhanced perimeter security and force protection for U.S. troops stationed around the world, such as Iraq and Afghanistan. As part of the same program, FLIR was also awarded an $8.8 million contract in the third quarter 2017 to deliver other FLIR Ranger® radars.
http://mrem.bernama.com/viewsm.php?idm=30204
Tuesday, October 3, 2017
FINTECH TINUBU SQUARE SECURES €53M INVESTMENT FROM LONG ARC CAPITAL & BPIFRANCE
PARIS, Oct 3 (Bernama-BUSINESS WIRE) -- Tinubu Square, a leading provider of trade credit risk management solutions, announces the investment of €53 million from Long Arc Capital and Bpifrance to accelerate the development of its technology solutions for credit and surety insurers, trade finance banks and export credit agencies. With this capital injection, US-based investment firm Long Arc Capital takes a majority stake in Tinubu Square, while Bpifrance, a shareholder since 2011, reaffirms its role as a long-term shareholder by participating in this strengthening of equity capital through its fund Large Venture.
A key step in the evolution of Tinubu Square, enabling digital transformation of the trade credit industry.
The equity capital increase will enable Tinubu Square to pursue growth in areas where the company already operates (Europe, North America and Asia-Pacific), evolve its solutions and open up new market segments.
http://mrem.bernama.com/viewsm.php?idm=30202
A key step in the evolution of Tinubu Square, enabling digital transformation of the trade credit industry.
The equity capital increase will enable Tinubu Square to pursue growth in areas where the company already operates (Europe, North America and Asia-Pacific), evolve its solutions and open up new market segments.
http://mrem.bernama.com/viewsm.php?idm=30202
KHIRON APPOINTS FORMER DEA CHIEF OF PHARMACEUTICAL INVESTIGATIONS TO ADVISORY BOARD
TORONTO, Oct 2 (Bernama-GLOBE NEWSWIRE) -- Khiron Life Sciences Corp. (“Khiron” or the “Company”) reports the appointment of Mr. Matthew Murphy, the former U.S. Drug Enforcement Administration (“DEA”) Chief of Pharmaceutical Investigations, to the Advisory Board of the Company.
Advisory Board Appointment
Mr. Murphy is an executive leader with broad based domestic and international expertise in both the federal and private sectors. As a Career Special Agent (25 years) with the DEA, he served in a multitude of positions prior to founding the Pharma Compliance Group (PCG). Mr. Murphy is an internationally recognized security expert in the fields of drug law enforcement, risk assessment and system development, regulatory compliance, and training. He currently serves as President of PCG, which consults to US based controlled substance manufacturers, distributors, and retail pharmacy entities to ensure pharmaceutical regulatory compliance. Mr. Murphy will support the Company by advising on the implementation of closed loop systems to prevent product diversion and to enhance protocols across Khiron’s plant to patient value chain.
Commentary
Mr. Matthew Murphy, comments: “As a leader in compliance enforcement in the early days of the current global opiate crisis, I strived to hold all parties accountable and create a safer system for all participants. As that situation has sadly deteriorated, it has become clear to me it is time for alternative solutions. While observing the evolution of the global legal medical cannabis market as well as Colombia’s entrance, I firmly believe Khiron embodies best in class approaches to quality production and security within a robust federal regulatory framework.”
Mr. Alvaro Torres, President and CEO of Khiron, comments: “We are very pleased to welcome Mr. Murphy to the advisory board. Mr. Murphy is highly regarded by both his former peers at the DEA and throughout private industry. He is an excellent addition to our team. His appointment is a testament to our commitment of ensuring regulatory compliance and world-class security measures consistent with the most stringent requirements for controlled substances in every jurisdiction where we operate.”
Advisory Board Appointment
Mr. Murphy is an executive leader with broad based domestic and international expertise in both the federal and private sectors. As a Career Special Agent (25 years) with the DEA, he served in a multitude of positions prior to founding the Pharma Compliance Group (PCG). Mr. Murphy is an internationally recognized security expert in the fields of drug law enforcement, risk assessment and system development, regulatory compliance, and training. He currently serves as President of PCG, which consults to US based controlled substance manufacturers, distributors, and retail pharmacy entities to ensure pharmaceutical regulatory compliance. Mr. Murphy will support the Company by advising on the implementation of closed loop systems to prevent product diversion and to enhance protocols across Khiron’s plant to patient value chain.
Commentary
Mr. Matthew Murphy, comments: “As a leader in compliance enforcement in the early days of the current global opiate crisis, I strived to hold all parties accountable and create a safer system for all participants. As that situation has sadly deteriorated, it has become clear to me it is time for alternative solutions. While observing the evolution of the global legal medical cannabis market as well as Colombia’s entrance, I firmly believe Khiron embodies best in class approaches to quality production and security within a robust federal regulatory framework.”
Mr. Alvaro Torres, President and CEO of Khiron, comments: “We are very pleased to welcome Mr. Murphy to the advisory board. Mr. Murphy is highly regarded by both his former peers at the DEA and throughout private industry. He is an excellent addition to our team. His appointment is a testament to our commitment of ensuring regulatory compliance and world-class security measures consistent with the most stringent requirements for controlled substances in every jurisdiction where we operate.”
Monday, October 2, 2017
PDL COMMUNITY BANCORP ANNOUNCES COMPLETION OF THE REORGANIZATION OF PONCE DE LEON FEDERAL BANK AND ITS STOCK OFFERING
NEW YORK, Oct 2 (Bernama-GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”), the federally-chartered holding company for Ponce Bank (the “Bank”), announced today that the reorganization of Ponce De Leon Federal Bank into a mutual holding company structure and the Company’s stock offering in connection with the reorganization has been completed.
The Company issued and sold 45.0% of its outstanding shares to subscribers in the stock offering, which includes the Bank’s Employee Stock Option Plan (“ESOP”). Additionally, the Company issued 3.3% of its outstanding shares to the newly-formed charitable foundation, the Ponce De Leon Foundation, a charitable foundation formed in connection with the reorganization and dedicated to supporting charitable organizations operating in the Bank’s local communities. The remaining 51.7% of the Company’s outstanding shares were issued to Ponce Bank Mutual Holding Company, the Company’s federally-chartered mutual holding company.
http://mrem.bernama.com/viewsm.php?idm=30190
The Company issued and sold 45.0% of its outstanding shares to subscribers in the stock offering, which includes the Bank’s Employee Stock Option Plan (“ESOP”). Additionally, the Company issued 3.3% of its outstanding shares to the newly-formed charitable foundation, the Ponce De Leon Foundation, a charitable foundation formed in connection with the reorganization and dedicated to supporting charitable organizations operating in the Bank’s local communities. The remaining 51.7% of the Company’s outstanding shares were issued to Ponce Bank Mutual Holding Company, the Company’s federally-chartered mutual holding company.
http://mrem.bernama.com/viewsm.php?idm=30190
PUBMATIC APPOINTS NICHOLAS KOVAC AS NEW JAPAN COUNTRY MANAGER
Adds senior executive to Japan leadership team
TOKYO, Oct 2 (Bernama-BUSINESS WIRE) -- PubMatic, a publisher-focused sell-side platform for an open digital media future, announced today the appointment of Nicholas (Nick) Kovac to the role of Country Manager Japan. Kovac joined the company to further develop its growing portfolio of Japan based accounts and strategic partnerships. Kovac comes with a wealth of experience within the industry, having worked with OpenX, A9 (an Amazon Company) and Google to launch ad technology solutions into the Japanese market. Kovac will be based in Tokyo and report into Jason Barnes, Vice President of Asia Pacific at PubMatic, based in Singapore.
http://mrem.bernama.com/viewsm.php?idm=30193
TOKYO, Oct 2 (Bernama-BUSINESS WIRE) -- PubMatic, a publisher-focused sell-side platform for an open digital media future, announced today the appointment of Nicholas (Nick) Kovac to the role of Country Manager Japan. Kovac joined the company to further develop its growing portfolio of Japan based accounts and strategic partnerships. Kovac comes with a wealth of experience within the industry, having worked with OpenX, A9 (an Amazon Company) and Google to launch ad technology solutions into the Japanese market. Kovac will be based in Tokyo and report into Jason Barnes, Vice President of Asia Pacific at PubMatic, based in Singapore.
http://mrem.bernama.com/viewsm.php?idm=30193
CGAP LAUNCHES GUIDE FOR FINANCIAL SERVICE PROVIDERS TO BETTER MEET THE NEEDS OF LOW-INCOME CUSTOMERS
Washington, D.C., Sept 29 (Bernama-GLOBE NEWSWIRE) -- CGAP today launched the Customer-Centric Guide, a web-based collection of toolkits and experiments to help financial service providers deliver products and services that better meet the needs of low-income customers.
The number of people with a financial account grew by 721 million between 2011 and 2014, reducing the ranks of the unbanked by 20 percent to 2 billion. While the number of people with formal financial accounts is growing worldwide, many poor people seldom use them, suggesting they find the accounts have little value. According to the World Bank's Global Findex report, in developing countries about 20 percent of adults left their accounts unused for at least a year. For banks, mobile money services and other financial providers, this represents a lost business opportunity after spending an estimated $13.3 billion to open these accounts. For poor customers, it limits their opportunities to build financial resilience, make choices and improve their lives.
The number of people with a financial account grew by 721 million between 2011 and 2014, reducing the ranks of the unbanked by 20 percent to 2 billion. While the number of people with formal financial accounts is growing worldwide, many poor people seldom use them, suggesting they find the accounts have little value. According to the World Bank's Global Findex report, in developing countries about 20 percent of adults left their accounts unused for at least a year. For banks, mobile money services and other financial providers, this represents a lost business opportunity after spending an estimated $13.3 billion to open these accounts. For poor customers, it limits their opportunities to build financial resilience, make choices and improve their lives.
Sunday, October 1, 2017
MIRAIT TECHNOLOGIES CORPORATION ESTABLISHES A BRANCH OFFICE IN SINGAPORE
TOKYO, Sept 29 (Bernama-BUSINESS WIRE) -- MIRAIT Technologies Corporation (Head office: Nishi-Ku, Osaka, President: Kouichi Takahatake) is proud to announce the opening of branch office in Singapore.
(Purpose of the new Branch Office)
MIRAIT Technologies Corporation (MTC), a telecommunication engineering company is expanding its business in Asia Pacific region. MTC actively collaborates with APAC Partners to create new market for IT engineering and service sector focusing on design, construction, system integration and maintenance of communication facility.
(Purpose of the new Branch Office)
MIRAIT Technologies Corporation (MTC), a telecommunication engineering company is expanding its business in Asia Pacific region. MTC actively collaborates with APAC Partners to create new market for IT engineering and service sector focusing on design, construction, system integration and maintenance of communication facility.
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