HSINCHU, Taiwan, May 31 (Bernama-GLOBE NEWSWIRE) -- ITRI's R&D expertise of robotics will be in the international limelight at the 2017 IEEE International Conference on Robotics and Automation (ICRA), the world's largest robotics conference. ICRA is considered the source of many groundbreaking technologies for robotics, self-driving vehicles, and artificial intelligence. At ICRA, top researchers around the globe annually discuss the latest innovations in robotics and automation. Dr. Jwu-Sheng Hu, ITRI's Vice President and General Director of the Mechanical and Mechatronics Systems Research Laboratories, has been invited to serve as one of the Industrial Forum Chairs in ICRA 2017 committee. ITRI's Motion Intelligence Orchestration (MIO) industrial robotics controller and PC-based motion control card EPCIO will also be on display at ICRA 2017.
http://mrem.bernama.com/viewsm.php?idm=29259
Wednesday, 31 May 2017
Tuesday, 30 May 2017
TECHNOLOGICAL CHANGE AND CYBER RISK OVERTAKE REGULATION AS TOP RISKS FOR INSURERS
‘Banana Skins’ survey reflects industry risk perception
LONDON, May 30 (Bernama-GLOBE NEWSWIRE) -- The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector.
The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC, surveyed 836 insurance practitioners and industry observers in 52 countries, to find out where they saw the greatest risks over the next 2-3 years.
http://mrem.bernama.com/viewsm.php?idm=29248
LONDON, May 30 (Bernama-GLOBE NEWSWIRE) -- The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector.
The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC, surveyed 836 insurance practitioners and industry observers in 52 countries, to find out where they saw the greatest risks over the next 2-3 years.
http://mrem.bernama.com/viewsm.php?idm=29248
A.M. BEST AFFIRMS CREDIT RATINGS OF MS&AD INSURANCE GROUP HOLDINGS, INC.'S MAIN OPERATING AND U.S. SUBSIDIARIES
HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” of Mitsui Sumitomo Insurance Company, Limited (MSI) and Aioi Nissay Dowa Insurance Company Limited (ADI) (both domiciled in Japan). A.M. Best also has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” of ADI’s subsidiary, Aioi Nissay Dowa Insurance (China) Company Limited (ADIC) (China). The outlook for each of these Credit Ratings (ratings) is stable.
Concurrently, A.M. Best has affirmed the FSR of A+ (Superior) and the Long-Term ICRs of “aa” of Mitsui Sumitomo Insurance Company of America (MSIA), Mitsui Sumitomo Insurance USA Inc. (MSU) and Aioi Nissay Dowa Insurance Company of America (ADIA). The outlook of these ratings is stable. All of these companies are domiciled in New York, NY and are direct subsidiaries of MSIG Holdings (Americas), Inc. The aforementioned companies are owned ultimately by MS&AD Insurance Group Holdings, Inc. (MS&AD), a major insurance group based in Japan.
The ratings of MSI reflect its strong risk-adjusted capitalization, profitable underwriting results and well-established market presence in Japan’s non-life insurance market. MSI is the main operating subsidiary of MS&AD. The company is a significant contributor to the group’s revenue and earnings, and has a strategic role in the group’s overseas expansion initiatives. In fiscal year 2016, MSI’s risk-adjusted capitalization remained strong, while financial leverage also remained favorable. The company has reported profitable and improving operating performance since fiscal year 2012, mainly driven by a consistent decline in the company’s combined ratio over these years.
Offsetting rating factors are MSI’s high exposure to catastrophe risks in Japan’s domestic market and its high level of equity investments, which could bring volatility to the company’s capital and surplus. The company has been addressing these factors by gradually reducing its equity investments, enhancing its reinsurance program and geographically diversifying its risks through overseas expansion.
The ratings of ADI reflect its strong risk-adjusted capitalization, positive trend in operating results and strategic importance to its parent company, MS&AD. ADI’s risk-adjusted capitalization remained strong in fiscal year 2016. The company’s operating performance has improved since fiscal year 2013, driven by the recovery in underwriting performance. ADI is one of MS&AD’s major operating subsidiaries. The company maintains strong business relationships with the group’s major shareholders, the Toyota Motor Corporation and Nippon Life Insurance Company. Furthermore, ADI’s operations, from corporate functions to product development, increasingly are integrated into MS&AD.
Offsetting rating factors include ADI’s high level of equity investments, which could add volatility to the company’s capital and surplus levels, and business concentration in its declining domestic market, which also is highly prone to natural catastrophes.
While positive rating actions are unlikely, negative rating actions on MSI and ADI’s ratings could occur if there is material decline in risk-adjusted capitalization due to significant deterioration in operating profitability. Negative rating actions also could occur in the event of a large-scale catastrophe event that significantly impacts capitalization.
The ratings of ADIC reflect its adequate risk-adjusted capitalization and the wide range of support it receives from its parent, ADI, which is wholly owned by MS&AD. The capital and surplus more than tripled to RMB 449 million (USD 65 million) in 2016 from RMB 133 million (USD 19 million) in 2014, mainly due to a capital injection made by ADI in 2015. The capital injection was intended to support premium growth in ADIC’s core business, auto inward reinsurance business, and also to offset losses from the 2015 Tianjin explosions. The underwriting profit in 2016 contributed to the growth in capital and surplus.
ADIC reported positive results in 2016 attributed to its underwriting profit, compared with net losses over the past five years. The company increased writing its auto inward reinsurance business since 2014, which resulted in a stabilizing performance.
The strong business relationship between ADI and Toyota Motor Corporation has helped establish ADIC’s auto inward reinsurance business. ADIC has a strong partnership with its cedants (primarily Ping An Property & Casualty Insurance Company of China, Ltd., the second-largest property/casualty insurer in China), which A.M. Best expects to lock in a stable stream of income for the company in the medium to long term.
Offsetting rating factors include the company’s historical volatile results caused by large losses in its commercial lines over the past five years and the company’s relatively high expense ratio due to the commission fees of its auto inward reinsurance business.
While positive rating actions are not likely, negative rating actions could occur if there is material deterioration in the company’s risk-adjusted capitalization due to adverse underwriting performance.
The ratings of MSI have been extended to MSIA, MSU and ADIA, as these hold a strategic role within the organization as U.S. domestic insurers and receive the benefit of explicit support provided through internal reinsurance. The ratings also reflect their strong risk-adjusted capitalization and additional implicit support provided by the parent. Effective Jan. 1, 2015, MSIA, MSU and ADIA operate under a pooling agreement. This further strengthens the relationship among the U.S.-based entities and vertically through the organization.
Given the extent of implied and explicit support embedded in these ratings, any upward or downward movement on the ratings of MSI would likely influence the ratings of MSIA, MSU and ADIA. Any material changes to the financial condition of MS&AD or its commitment in the United States also could cause these ratings to move. In addition, if MSIA, MSU and ADIA’s capitalization or operating performance falls markedly short of A.M. Best’s expectations, negative rating actions could ensue.
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 A.M. 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 A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
The ratings of MSI reflect its strong risk-adjusted capitalization, profitable underwriting results and well-established market presence in Japan’s non-life insurance market. MSI is the main operating subsidiary of MS&AD. The company is a significant contributor to the group’s revenue and earnings, and has a strategic role in the group’s overseas expansion initiatives. In fiscal year 2016, MSI’s risk-adjusted capitalization remained strong, while financial leverage also remained favorable. The company has reported profitable and improving operating performance since fiscal year 2012, mainly driven by a consistent decline in the company’s combined ratio over these years.
Offsetting rating factors are MSI’s high exposure to catastrophe risks in Japan’s domestic market and its high level of equity investments, which could bring volatility to the company’s capital and surplus. The company has been addressing these factors by gradually reducing its equity investments, enhancing its reinsurance program and geographically diversifying its risks through overseas expansion.
The ratings of ADI reflect its strong risk-adjusted capitalization, positive trend in operating results and strategic importance to its parent company, MS&AD. ADI’s risk-adjusted capitalization remained strong in fiscal year 2016. The company’s operating performance has improved since fiscal year 2013, driven by the recovery in underwriting performance. ADI is one of MS&AD’s major operating subsidiaries. The company maintains strong business relationships with the group’s major shareholders, the Toyota Motor Corporation and Nippon Life Insurance Company. Furthermore, ADI’s operations, from corporate functions to product development, increasingly are integrated into MS&AD.
Offsetting rating factors include ADI’s high level of equity investments, which could add volatility to the company’s capital and surplus levels, and business concentration in its declining domestic market, which also is highly prone to natural catastrophes.
While positive rating actions are unlikely, negative rating actions on MSI and ADI’s ratings could occur if there is material decline in risk-adjusted capitalization due to significant deterioration in operating profitability. Negative rating actions also could occur in the event of a large-scale catastrophe event that significantly impacts capitalization.
The ratings of ADIC reflect its adequate risk-adjusted capitalization and the wide range of support it receives from its parent, ADI, which is wholly owned by MS&AD. The capital and surplus more than tripled to RMB 449 million (USD 65 million) in 2016 from RMB 133 million (USD 19 million) in 2014, mainly due to a capital injection made by ADI in 2015. The capital injection was intended to support premium growth in ADIC’s core business, auto inward reinsurance business, and also to offset losses from the 2015 Tianjin explosions. The underwriting profit in 2016 contributed to the growth in capital and surplus.
ADIC reported positive results in 2016 attributed to its underwriting profit, compared with net losses over the past five years. The company increased writing its auto inward reinsurance business since 2014, which resulted in a stabilizing performance.
The strong business relationship between ADI and Toyota Motor Corporation has helped establish ADIC’s auto inward reinsurance business. ADIC has a strong partnership with its cedants (primarily Ping An Property & Casualty Insurance Company of China, Ltd., the second-largest property/casualty insurer in China), which A.M. Best expects to lock in a stable stream of income for the company in the medium to long term.
Offsetting rating factors include the company’s historical volatile results caused by large losses in its commercial lines over the past five years and the company’s relatively high expense ratio due to the commission fees of its auto inward reinsurance business.
While positive rating actions are not likely, negative rating actions could occur if there is material deterioration in the company’s risk-adjusted capitalization due to adverse underwriting performance.
The ratings of MSI have been extended to MSIA, MSU and ADIA, as these hold a strategic role within the organization as U.S. domestic insurers and receive the benefit of explicit support provided through internal reinsurance. The ratings also reflect their strong risk-adjusted capitalization and additional implicit support provided by the parent. Effective Jan. 1, 2015, MSIA, MSU and ADIA operate under a pooling agreement. This further strengthens the relationship among the U.S.-based entities and vertically through the organization.
Given the extent of implied and explicit support embedded in these ratings, any upward or downward movement on the ratings of MSI would likely influence the ratings of MSIA, MSU and ADIA. Any material changes to the financial condition of MS&AD or its commitment in the United States also could cause these ratings to move. In addition, if MSIA, MSU and ADIA’s capitalization or operating performance falls markedly short of A.M. Best’s expectations, negative rating actions could ensue.
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 A.M. 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 A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
Contacts
A.M. Best
Sergio Agena, +852 2827 3407
Associate Financial Analyst
sergio.agena@ambest.com
or
Edin Imsirovic, +1 908 439 2200, ext. 5740
Senior Financial Analyst
edin.imsirovic@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Sergio Agena, +852 2827 3407
Associate Financial Analyst
sergio.agena@ambest.com
or
Edin Imsirovic, +1 908 439 2200, ext. 5740
Senior Financial Analyst
edin.imsirovic@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Source: A.M. Best
Monday, 29 May 2017
PROPHETSTOR, INNOVIX UNVEILS ANTI-RANSOMWARE SOLUTION
KUALA LUMPUR, May 29 (Bernama) -- ProphetStor Data Services Inc, in collaboration with Innovix Distribution has introduced the ProphetStor DR Prophet Software-Defined Data Protection, an anti-ransomware software that helps enterprises avoid suffering heavy losses in revenue over the years.
The product has the ability to recover any file, folder, disk and even entire servers from being hijacked or stolen and restore them to the original state, ProphetStor said in a statement today.
ProphetStor South Asia Regional Director, Simon Ng, said the anti-ransomware solution bundle was unique because customers could achieve full server recovery up to the last snapshot stored within minutes.
The innovation was powered by the robust and cost-effective Hewlett Packard Enterprise servers, which enable cost-conscious customers to reap the benefits from an all-in-one solution bundle, he said.
"This innovative solution bundle is tailored for small and medium enterprises in the healthcare, food and beverage, hospitality and manufacturing industries, and own point-of-sale, warehousing, finance and inventory systems," Ng said, adding the product bundle would be distributed by Innovix and is now commercially available to end-users.
ProphetStor Data Services Inc, headquartered in Milpitas, California, was founded in 2012 by storage experts with extensive experience in cloud computing platforms, software-based networked storage, data services, business continuity and disaster recovery.
Innovix Distribution, meanwhile, is a member of Fortune Global 500-listed Jardine Matheson Group and is one of Asia''s leading technology distributors in the past 60 years.
-- BERNAMA
ASTANA INTERNATIONAL FINANCIAL CENTRE JSC AND NASDAQ SIGN TECHNOLOGY DEAL FOR NEW AIFC EXCHANGE
The AIFC Exchange will run on Nasdaq Financial Framework trading technology
The new exchange is targeted to launch in late-2017
NEW YORK & ASTANA, Kazakhstan, May 29 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) and Astana International Financial Centre JSC (AIFC) today announced a new, significant agreement. Nasdaq has been selected to power Kazakhstan’s nascent stock exchange, the AIFC Exchange. The exchange is targeted to launch in late-2017 and will initially trade equities and fixed income with other asset classes for future phases.
http://mrem.bernama.com/viewsm.php?idm=29246
The new exchange is targeted to launch in late-2017
NEW YORK & ASTANA, Kazakhstan, May 29 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) and Astana International Financial Centre JSC (AIFC) today announced a new, significant agreement. Nasdaq has been selected to power Kazakhstan’s nascent stock exchange, the AIFC Exchange. The exchange is targeted to launch in late-2017 and will initially trade equities and fixed income with other asset classes for future phases.
http://mrem.bernama.com/viewsm.php?idm=29246
TGS AND PGS ANNOUNCE FOURTH 3D SEISMIC PROJECT OFFSHORE EASTERN CANADA
ASKER, Norway, May 26 (Bernama-GLOBE NEWSWIRE) -- TGS and Petroleum Geo-Services (“PGS”) announce the fourth 3D seismic project offshore Eastern Canada for 2017. Long Range 3D will comprise approximately 9,100 km2of 3D GeoStreamer® data in the Eastern Newfoundland region. The survey covers open acreage which will be included in the November 2018 licensing round under Newfoundland and Labrador’s Scheduled Land Tenure system.
Following completion of these surveys, the jointly-owned library will have more than 175,000 km of 2D GeoStreamer data and 28,500 km2 of 3D GeoStreamer data. An expansive well log library is also available in the region, along with advanced multi-client interpretation products that will improve play, trend and prospect delineation.
“With four 3D projects now committed for 2017 this will be our most active year ever in Newfoundland and Labrador. E&P companies are continuing to prioritize this region in their exploration strategies and we are well placed to support them as they prepare for future licensing rounds," commented Kristian Johansen, CEO of TGS.
“Our increased data library coverage in the Newfoundland Labrador region will be of benefit for oil companies exploring this high potential area. We will operate three 3D vessels and one 2D vessel offshore East Canada this year, which is more than ever before and reflects high customer interest,” says Jon Erik Reinhardsen, President & CEO of PGS.
This project is supported by industry funding.
A PDF accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/78badda3-e25c-4785-afa4-b2cd40b0d9bc
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions.
For more information visit TGS online at www.tgs.com.
Forward-looking statements and contact information
All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include TGS' reliance on a cyclical industry and principle customers, TGS' ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data products at costs commensurate with profitability. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (OSLO:TGS).
TGS sponsored American Depositary Shares trade on the U.S. over-the-counter market under the symbol "TGSGY”.
For additional information about this press release please contact:
Sven Børre Larsen
Chief Financial Officer
Tel: +47 90 94 36 73
Email: sven.larsen@tgs.com
Will Ashby
VP HR & Communication
Tel: +1 713 860 2184
Email: will.ashby@tgs.com
SOURCE : TGS
--BERNAMA
Following completion of these surveys, the jointly-owned library will have more than 175,000 km of 2D GeoStreamer data and 28,500 km2 of 3D GeoStreamer data. An expansive well log library is also available in the region, along with advanced multi-client interpretation products that will improve play, trend and prospect delineation.
“With four 3D projects now committed for 2017 this will be our most active year ever in Newfoundland and Labrador. E&P companies are continuing to prioritize this region in their exploration strategies and we are well placed to support them as they prepare for future licensing rounds," commented Kristian Johansen, CEO of TGS.
“Our increased data library coverage in the Newfoundland Labrador region will be of benefit for oil companies exploring this high potential area. We will operate three 3D vessels and one 2D vessel offshore East Canada this year, which is more than ever before and reflects high customer interest,” says Jon Erik Reinhardsen, President & CEO of PGS.
This project is supported by industry funding.
A PDF accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/78badda3-e25c-4785-afa4-b2cd40b0d9bc
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions.
For more information visit TGS online at www.tgs.com.
Forward-looking statements and contact information
All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include TGS' reliance on a cyclical industry and principle customers, TGS' ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data products at costs commensurate with profitability. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (OSLO:TGS).
TGS sponsored American Depositary Shares trade on the U.S. over-the-counter market under the symbol "TGSGY”.
For additional information about this press release please contact:
Sven Børre Larsen
Chief Financial Officer
Tel: +47 90 94 36 73
Email: sven.larsen@tgs.com
Will Ashby
VP HR & Communication
Tel: +1 713 860 2184
Email: will.ashby@tgs.com
SOURCE : TGS
--BERNAMA
A.M. BEST REVISES OUTLOOKS TO NEGATIVE FOR PRODUCT CARE (NZ) LIMITED
SINGAPORE, May 26 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Product Care (NZ) Limited (PCL) (New Zealand).
The revised outlooks reflect the company’s weakening solvency position and an unfavorable trend in underwriting performance. Based on recent financial results, the company’s underwriting profitability shows a downward trend, due to worse-than-expected claims experience emerging from its recently launched full replacement extended warranty cover.
The Credit Ratings (ratings) reflect PCL’s adequate risk-adjusted capitalization and conservative investment portfolio. Risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio, remains marginally supportive of its current ratings. Despite poor claims experience in recent years, consistent investment income has helped offset volatility and absorb the negative underwriting results, thus contributing to overall positive results.
The outlooks could be revised back to stable if the company can reverse its poor underwriting performance trend. Negative rating actions could arise if PCL’s capital position further erodes or the unfavorable earnings trend persists. Furthermore, negative rating actions could occur if the consolidated financial performance of its ultimate parent deteriorates.
The Credit Ratings (ratings) reflect PCL’s adequate risk-adjusted capitalization and conservative investment portfolio. Risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio, remains marginally supportive of its current ratings. Despite poor claims experience in recent years, consistent investment income has helped offset volatility and absorb the negative underwriting results, thus contributing to overall positive results.
The outlooks could be revised back to stable if the company can reverse its poor underwriting performance trend. Negative rating actions could arise if PCL’s capital position further erodes or the unfavorable earnings trend persists. Furthermore, negative rating actions could occur if the consolidated financial performance of its ultimate parent deteriorates.
BROADSOFT ANNOUNCES WINNERS OF ANNUAL ACHIEVEMENT AWARDS IN AUSTRALASIA
- Annual Awards Highlight Achievements by BroadSoft Australasian customers and partners
- Announced on 24 May 2017 at the BroadSoft Connect Event in Melbourne
- Connect Event attended by over 250 telecommunications professionals from Australasian Region
MELBOURNE, Australia, May 26 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT), a global market leader in cloud business software for unified communication, collaboration and contact center (UCaaS), is pleased to announce the winners of its Annual Achievement Awards, presented at the BroadSoft Connect Melbourne event this week.
The award winners are:
Fixed and Mobile Unified Communications Innovation Award
Recipient: Vodafone New Zealand
Accepted by: Josh Papera, Operations Manager, Vodafone Next Generation Services
Global Unified Communications Leadership Award
Recipient: Telstra
Accepted by: Gretchen Cooke, Director, Unified Communications and Digital Media at Telstra
Millennial Leadership Award:
Recipient: Access4
Accepted by: Tim Jackson, Managing Director, and Ruy Franco, Sales and Marketing Director, Access4
BroadCloud Leadership Award
Recipient: Optus
Accepted by: Norm Countryman, Small and Medium Business Product and Marketing Manager
Cloud Unified Communications Award
Recipient: Justin Martin, Network Architect, Vocus
About BroadSoft:
BroadSoft is the leading provider of cloud software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their Internet Protocol networks. The Company’s core communications platform enables the delivery of a range of enterprise and consumer calling, messaging and collaboration communication services, including private branch exchanges, video calling, text messaging and converged mobile and fixed-line services. For additional information, visit http://www.BroadSoft.com.
BroadSoft Media Contacts:
APAC
Terry Alberstein
Navigate Communication
+61 (0) 458-484-921
terry@navigatecommunication.com.au
Niaobh Levestam
Global Press and Media Relations, BroadSoft
+44 (0)7919 605660
nlevestam@broadsoft.com
SOURCE : BroadSoft, Inc.
--BERNAMA
The award winners are:
Fixed and Mobile Unified Communications Innovation Award
Recipient: Vodafone New Zealand
Accepted by: Josh Papera, Operations Manager, Vodafone Next Generation Services
Global Unified Communications Leadership Award
Recipient: Telstra
Accepted by: Gretchen Cooke, Director, Unified Communications and Digital Media at Telstra
Millennial Leadership Award:
Recipient: Access4
Accepted by: Tim Jackson, Managing Director, and Ruy Franco, Sales and Marketing Director, Access4
BroadCloud Leadership Award
Recipient: Optus
Accepted by: Norm Countryman, Small and Medium Business Product and Marketing Manager
Cloud Unified Communications Award
Recipient: Justin Martin, Network Architect, Vocus
About BroadSoft:
BroadSoft is the leading provider of cloud software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their Internet Protocol networks. The Company’s core communications platform enables the delivery of a range of enterprise and consumer calling, messaging and collaboration communication services, including private branch exchanges, video calling, text messaging and converged mobile and fixed-line services. For additional information, visit http://www.BroadSoft.com.
BroadSoft Media Contacts:
APAC
Terry Alberstein
Navigate Communication
+61 (0) 458-484-921
terry@navigatecommunication.com.au
Niaobh Levestam
Global Press and Media Relations, BroadSoft
+44 (0)7919 605660
nlevestam@broadsoft.com
SOURCE : BroadSoft, Inc.
--BERNAMA
Saturday, 27 May 2017
LENDING A HAND TO SOCIAL ENTERPRISES: THE SOCIAL MARKET BY SELANGOR DREDGING BERHAD
KUALA LUMPUR, May 24 (Bernama) -- THE Social Market was
abuzz with activity, and many of which were busy enjoying the scrumptious food,
or looking for gifts for their loved ones. It was indeed a success, as Selangor
Dredging Berhad hosted an event to collaborate with social enterprises at the
inaugural The Social Market.
Held on 19 May 2017, The Social Market was open from 11am to 3pm at the
Courtyard of Wisma Selangor Dredging. There were 10 vendors operating different
stalls supporting the less privileged communities in Malaysia. Working with
women from low-income groups, Batik Boutique creates artisanal gifts and fashion
accessories made from hand-woven batik. Greenyards meanwhile, provides
alternative channels for the local community to dispose their used cooking oil
and subsequently reprocesses the oil into eco-friendly soaps, washing powder and
aromatic candles.
Delicious local bites like vegetarian dumplings and crème puffs could be
purchased from Coffee Sprex, who works with employees from the hearing and
speech impaired communities.
Amongst the many vendors were also Jabatan Kemajuan Orang Asli (JAKOA)
which sold crafts handmade by the indigenous Orang Asli communities. The best
seller had to be The Nasi Lemak Project which cultivates poor families to be
small Nasi Lemak and food enterprise sellers -through a micro-franchise model.
http://mrem.bernama.com/viewsm.php?idm=29204
http://mrem.bernama.com/viewsm.php?idm=29204
 |
The Courtyard at Wisma Selangor Dredging was buzzing
with supporters purchasing delicious food and trinkets for their loved
ones.
|
AXA HEARTS IN ACTION RUN 2017 AIMS FOR 8,000 RUNNERS!
 |
Yeap
Chong Wei, GM of Marketing of WWF-Malaysia; Omna Sreeni-Ong, Hon Secretary
General of NCWO; Shynta Rina Yoernal, Head of Finance of WWF-Malaysia; Rebecca
Tan, Chief Marketing Officer (CMO) and Bancassurance of AAGI; Chua Hong Wee, CEO
of NKF and Monica Tan, Head Resource Development of WVM, signing the memorandum
of agreement
|
KUALA LUMPUR, May 24 (Bernama) -- AXA Affin General
Insurance Berhad (AAGI) announced the launch of the AXA Hearts in Action
Run 2017, which will take place on 24 September 2017 at MAEPS, Serdang.
This is the third consecutive year in which AAGI is hosting the event. In 2016,
the event was well-received with over 7,000 participants, and contributions of
RM110,000 to WWF-Malaysia. This year, AAGI is aiming to make cash contributions
to four (4) non-profit organisations (NGOs) in Malaysia, including: WWF-Malaysia
(which was the beneficiary in 2015 and 2016), National Council of Women’s
Organisations (NCWO), National Kidney Foundation (NKF) and World Vision Malaysia
(WVM). By participating in this event, runners will not only be able to enjoy a
fun and healthy day with family and friends, but make a real difference by
contributing to these organizations at the same time, as part of the proceeds
will go towards supporting the various initiatives and projects by these
organizations.
Participants will be able to make a strong statement proclaiming their
support towards their preferred cause by choosing one of five different colored
T-shirts, each representing one of the five causes:
Green – for those who support environmental
protection
Orange – for those who support the protection of
wildlife
Yellow – for those who support healthy lifestyles and the fight
against diseases
Pink – for those who support gender equality and women’s
empowerment
Blue – for those who support provide child education and the
fight against child poverty
MAEPS, the venue for this year’s event, is the largest agro park in Asia.
Runners will be brought closer to nature and treated to beautiful landscapes
along the routes. AAGI is targeting 8,000 participants and hope to raise
RM150,000 in support of the five causes. The run consists of two
categories:
- 12KM (Men & Women): RM65 per runner
- 6KM (Men & Women): RM55 per runner; (Children aged 3-12):
RM35 per runner
AXA Hearts in Action Run 2017 partners and sponsors include Brooks, Quill
City Mall, Nestle Fitnesses, AXIS Physiotherapy, Urban Health and Running
Malaysia.
Registration for AXA Hearts in Action Run 2017 is now open at
www.heyjom.com/axa. Hurry and register today, the first 2,000 Early Birds will
receive free name personalization on their running shirts!
For more information, visit our website or email
axaheartsinactionrun@axa.com.my . You can also follow the AXA Affin General
Insurance Berhad Facebook page for latest updates.
Source : AXA Affin General Insurance Berhad
FOR MORE IMFORMATION, PLEASE CONTACT:
Name : Thai Jia Vay
Tel : 03-2170 8548
Email : jiavay.thai@axa.com.my
Name : Jason Ng Jie Sheng
Tel : 03-2170 8568
Email : Jason.ng@axa.com.my
HONDA LAUNCHES "LOVE CUB SNAP" PHOTO PROJECT TO BRING SUPER CUB LOVERS WORLDWIDE TOGETHER
TOKYO, May 26, 2017 /Kyodo JBN-AsiaNet/ --
Honda Motor Co., Ltd. (http://world.honda.com/) launched on Friday, May 26, its "Love Cub Snap" website, a project dedicated to bringing together Super Cub lovers from every region and all ages through photographs.
Love Cub Snap website: https://lovecubsnap.honda.co.jp/en/
By customers uploading photographs of themselves with their Super Cubs to the website, Super Cub fans from all over the world will appear linked to other fans by their Super Cubs' wheels. The photographs will be shown as a gallery on the website.
http://mrem.bernama.com/viewsm.php?idm=29232
Honda Motor Co., Ltd. (http://world.honda.com/) launched on Friday, May 26, its "Love Cub Snap" website, a project dedicated to bringing together Super Cub lovers from every region and all ages through photographs.
Love Cub Snap website: https://lovecubsnap.honda.co.jp/en/
By customers uploading photographs of themselves with their Super Cubs to the website, Super Cub fans from all over the world will appear linked to other fans by their Super Cubs' wheels. The photographs will be shown as a gallery on the website.
http://mrem.bernama.com/viewsm.php?idm=29232
Friday, 26 May 2017
NASDAQ TO DELIVER POST-TRADE TECHNOLOGY TO DEPÓSITO CENTRAL DE VALORES (DCV)
The Chilean central securities depository (CSD) will boost its infrastructure capabilities and increase efficiencies with fully-fledged CSD solution based on the Nasdaq Financial Framework
NEW YORK and SANTIAGO, Chile, May 25 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) and Depósito Central de Valores (DCV) today announced a new landmark agreement to bolster the technological infrastructure of Chile's central securities depository (CSD).
"We are very satisfied with our thorough, year-long vendor partnership process in selecting the Nasdaq platform, which will replace the core system of the DCV," said Fernando Yáñez, CEO of DCV. "We believe with the implementation of this new system, we will have more opportunities for growth and diversification in our current services, as well as strengthening our day-to-day operations."
NEW YORK and SANTIAGO, Chile, May 25 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) and Depósito Central de Valores (DCV) today announced a new landmark agreement to bolster the technological infrastructure of Chile's central securities depository (CSD).
"We are very satisfied with our thorough, year-long vendor partnership process in selecting the Nasdaq platform, which will replace the core system of the DCV," said Fernando Yáñez, CEO of DCV. "We believe with the implementation of this new system, we will have more opportunities for growth and diversification in our current services, as well as strengthening our day-to-day operations."
TAIWAN'S IAPS COLLABORATES WITH TECHNOLOGY PARK MALAYSIA ON CO-INCUBATION PROGRAMMES
KUALA LUMPUR, May 25 (Bernama) -- The Center of Industry Accelerator and Patent Strategy (IAPS) of the National ChiaoTung University, Taiwan, and Technology Park Malaysia Corporation Sdn Bhd (TPM) have today agreed to collaborate in their co-incubation and soft landing programmes towards internationalizing incubation services.
The collaborative effort is set to spur greater cooperation in mutually creating win-win smart partnerships between Taiwanese and Malaysian startups and enterprises. It would also provide both parties to jointly develop strategic co-incubation programmes and provide their incubatees the opportunity to explore new business and investments opportunities in the global arena.
http://mrem.bernama.com/viewsm.php?idm=29223
The collaborative effort is set to spur greater cooperation in mutually creating win-win smart partnerships between Taiwanese and Malaysian startups and enterprises. It would also provide both parties to jointly develop strategic co-incubation programmes and provide their incubatees the opportunity to explore new business and investments opportunities in the global arena.
http://mrem.bernama.com/viewsm.php?idm=29223
MEDIA STATEMENT MQA AND UK NARIC STRENGTHENS ITS COLLABORATION IN HIGHER EDUCATION
LONDON, May 25 (Bernama) -- The Malaysian Qualifications Agency (MQA) continues to strengthen its good relationship with the National Recognition Information Centre for the United Kingdom (UK NARIC) with the signing of the Memorandum of Cooperation (MoC) between both agencies. The MoC was signed today by the Chief Executive Officer (CEO) of MQA, Dato’ Prof. Dr. Rujhan Mustafa and the Head of Stakeholder Management Group of UK NARIC, Mr Tim Buttress, representing Dr. Cloud Bai-yun, the CEO of UK NARIC. The signing, which took place at the Malaysian High Commission, London was witnessed by the Secretary General of the Ministry of Higher Education, Malaysia, HE Tan Sri Dr. Noorul Ainur Mohd. Nur.
The MoC aims at fostering and promoting technical cooperation that will be of benefit through, amongst others, exchange of information, staff and experts. Both agencies have also explicitly expressed their commitments in exploring joint activities and research, as well as areas of mutual benefit in the fields, among others, qualifications assessment, equivalency and referencing.
Noorul Ainur in her remarks said, MQA has been performing a vital role, since its establishment in 2007, as the national reference center for accredited qualifications in Malaysia. This is indeed a big task considering Malaysia has been receiving a large number of international students, every year, entering with their national qualifications and Malaysia has been producing a large number of international graduates that would return to their countries or migrating to other countries.
This is the first of such memorandum that MQA signed specifically in the field of qualification referencing. MQA have been engaging with UK NARIC since 2005 where its database has enable the Agency to advise Malaysian Higher Education providers in receiving international students where information on their national qualifications is limited.
The signing of this document formally establishes a new phase of cooperation between the two organizations. Noorul Ainur hopes this cooperation will allow MQA to strengthen its qualification referencing capacity to support the nearly completed revised Malaysia Qualifications Framework and the Agency’s endeavor to reference the Framework with the ASEAN Qualification Reference Framework in the near future.
Noorul Ainur led the Malaysian Delegation to the Going Global 2017 Conference in London that concluded yesterday. Malaysia is co-hosting with British Council in next year’s Going Global in Kuala Lumpur from 2-4 May 2018.
SOURCE : Malaysian Qualifications Agency (MQA)
FOR MORE INFORMATION PLEASE CONTACT:
Name : Noor Farahstin Hassan
Tel : 03 7968 6034
Email : farahstin@mqa.gov.my
--BERNAMA
The MoC aims at fostering and promoting technical cooperation that will be of benefit through, amongst others, exchange of information, staff and experts. Both agencies have also explicitly expressed their commitments in exploring joint activities and research, as well as areas of mutual benefit in the fields, among others, qualifications assessment, equivalency and referencing.
Noorul Ainur in her remarks said, MQA has been performing a vital role, since its establishment in 2007, as the national reference center for accredited qualifications in Malaysia. This is indeed a big task considering Malaysia has been receiving a large number of international students, every year, entering with their national qualifications and Malaysia has been producing a large number of international graduates that would return to their countries or migrating to other countries.
This is the first of such memorandum that MQA signed specifically in the field of qualification referencing. MQA have been engaging with UK NARIC since 2005 where its database has enable the Agency to advise Malaysian Higher Education providers in receiving international students where information on their national qualifications is limited.
The signing of this document formally establishes a new phase of cooperation between the two organizations. Noorul Ainur hopes this cooperation will allow MQA to strengthen its qualification referencing capacity to support the nearly completed revised Malaysia Qualifications Framework and the Agency’s endeavor to reference the Framework with the ASEAN Qualification Reference Framework in the near future.
Noorul Ainur led the Malaysian Delegation to the Going Global 2017 Conference in London that concluded yesterday. Malaysia is co-hosting with British Council in next year’s Going Global in Kuala Lumpur from 2-4 May 2018.
SOURCE : Malaysian Qualifications Agency (MQA)
FOR MORE INFORMATION PLEASE CONTACT:
Name : Noor Farahstin Hassan
Tel : 03 7968 6034
Email : farahstin@mqa.gov.my
--BERNAMA
Eastspring Launches Islamic Small-Cap Fund
KUALA LUMPUR, May 25 -- Eastspring Investments Bhd has introduced its Islamic small capital (small-cap) fund, which will concentrate on shariah-compliant domestic stocks with potential returns of medium to long term.
Eastspring Chief Executive Officer Raymond Tang Chee Kin said to date, shariah funds under management in the local market recorded an eight per cent growth at RM96.7 billion and the FTSE Bursa Malaysia small-cap shariah index return was recorded at 73.83 per cent compared with the 39.56 per cent return on the FTSE Bursa Malaysia KLCI.
"Even though the returns of shariah index is slightly lower than the conventional stocks returns at 82.16 per cent, we can see the gains from shariah counters improving, " he told reporters after launching the Islamic Small-Cap Fund here today.
Tang said a minimum of 70 per cent of the Net Asset Value (NAV) would go to shariah-compliant equities and equity-related securities and a minimum of one per cent of asset allocation would be channeled to Islamic deposits or Islamic liquid assets.
"The small-cap segment is underresearched and underservingly traded beyond its intrinsic value, so Eastspring will use this opportunity to unearth these small-cap companies and exploit the pricing inefficiencies, " he added.
The initial issue price for the fund is 50 sen per unit for 21 days initial offer period beginning today. The minimum initial investment is RM1,000 and the minimum additional investment is RM100.
As at March this year, the funds managed by the company stood at RM40 billion.
-- BERNAMA
Thursday, 25 May 2017
PUBMATIC EXTENDS PREBID.JS WITH OPENWRAP, INDUSTRY FIRST HYBRID CLIENT- AND SERVER-SIDE WRAPPER SOLUTION
Empowers publishers to balance header bidding integration mix with enterprise management capabilities
REDWOOD CITY, Calif., May 25 (Bernama-BUSINESS WIRE) -- PubMatic, the automation solutions company for an open digital media industry, today announced further expansion of its OpenWrap product, now the industry’s first free and fully-supported hybrid wrapper solution. Extending the most widely used open-source container script, Prebid.js, OpenWrap optimizes a publisher’s integration mix of client- and server-side demand to future-proof their ad decisioning strategies.
“Publishers no longer need to choose between growing monetization today with client-side integrations and preparing for a future where auctions will transition to the server-side,” said Evan Simeone, SVP of product management, PubMatic. “By extending the leading open-source code, Prebid.js, which has access to over 70 demand partners and hundreds of DSPs, OpenWrap now provides publishers with the broadest access to demand in market while eliminating the need for them to make tradeoffs. To ensure future success, publishers must be able to effectively optimize their header bidding integrations to help maximize revenue and simplify partner management.”
http://mrem.bernama.com/viewsm.php?idm=29213
REDWOOD CITY, Calif., May 25 (Bernama-BUSINESS WIRE) -- PubMatic, the automation solutions company for an open digital media industry, today announced further expansion of its OpenWrap product, now the industry’s first free and fully-supported hybrid wrapper solution. Extending the most widely used open-source container script, Prebid.js, OpenWrap optimizes a publisher’s integration mix of client- and server-side demand to future-proof their ad decisioning strategies.
“Publishers no longer need to choose between growing monetization today with client-side integrations and preparing for a future where auctions will transition to the server-side,” said Evan Simeone, SVP of product management, PubMatic. “By extending the leading open-source code, Prebid.js, which has access to over 70 demand partners and hundreds of DSPs, OpenWrap now provides publishers with the broadest access to demand in market while eliminating the need for them to make tradeoffs. To ensure future success, publishers must be able to effectively optimize their header bidding integrations to help maximize revenue and simplify partner management.”
http://mrem.bernama.com/viewsm.php?idm=29213
IWK RECEIVES GOOD GOVERNANCE AWARD
 |
| IWK Chairman Tan Sri Abu Zahar Ujang with Judith St George and Datuk Chua Tee Yong |
KUALA LUMPUR, May 24 (Bernama) -- Indah Water Konsortium Sdn Bhd (IWK) received the Good Corporate Governance Award from Malaysia Canada Business Council (MCBC) as a testament to IWK's unwavering commitment in upholding corporate governance best practices to maintain integrity, highly transparent and ethical management of the sewerage services business.
The award was presented to IWK’s Chairman, Tan Sri Abu Zahar Ujang by Datuk Chua Tee Yong, Deputy Minister of International Trade and Industry, and Judith St. George, the Canadian High Commissioner in Malaysia, here last night.
The MCBC 25th Anniversary Business Excellence Awards is in conjunction with MCBC’s 25th Anniversary and Canada's 150th Anniversary celebration.
The evaluation process was carried out by the BEA Review Panel comprising SME Corporation, the Malaysian Investment Development Authority (MIDA) and Invest KL and audited by Halim & Lee, a chartered accountant firm.
About Indah Water Konsortium
Indah Water Konsortium Sdn Bhd (Indah Water), is a sewerage services company owned by Minister of Finance Incorporated, Malaysia. Indah Water is responsible for providing sewerage services, operating and maintaining approximately 6,617 sewage treatment plants and 19,067 km networks of sewerage pipelines serving 24 million Connected Population Equivalent (PE). Our expertise include Operations and Maintenance, Refurbishment, Planning & Policy Strategy, Engineering & Process Review, Project Planning, Project Management, EIA and HAZOP Studies, Training Services & Module Development, Research & Development, Capacity Building and Community Awareness & Education Program.
For more information on IWK, please visit our website at www.iwk.com.my
SOURCE : Indah Water Konsortium
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Wan Esuriyanti Wan Ahmad
Mobile : 012 271 8095
Email : esuriyanti@iwk.com.my
Name : Shahrul Nizam
Mobile : 016 207 3727
Email : sharuls@iwk.com.my
--BERNAMA
Wednesday, 24 May 2017
EEC INTRODUCES THE 6900S AC POWER SOURCE SERIES:
TAIPEI, Taiwan, May 24 (Bernama-BUSINESS WIRE) -- Extech Electronic Co. (EEC) introduces the next generation in clean, stable, and reliable power sources for testing newly designed electronic products and prototypes— the 6900S Series AC Power Source. The 6900S series provides the flexible, high-quality performance needed for tackling today’s most demanding testing scenarios across multiple industries.
The 6900S AC power source features an intuitive user interface that enhances operational efficiencies during test applications. Real-time, clickable-button adjustment and three fast-recall memory settings make it easy for engineers or manufacturing operators to access and set up measurement parameters directly from the front panel.
http://mrem.bernama.com/viewsm.php?idm=29196
The 6900S AC power source features an intuitive user interface that enhances operational efficiencies during test applications. Real-time, clickable-button adjustment and three fast-recall memory settings make it easy for engineers or manufacturing operators to access and set up measurement parameters directly from the front panel.
http://mrem.bernama.com/viewsm.php?idm=29196
ASHNIK UNVEILS FRAMEWORK OF SERVICES FOR DIGITAL TRANSFORMATION IN SOUTHEAST ASIA AND INDIA
Ashnik brings to market a unique framework of services and key open source technologies combined to offer digital transformation solutions
SINGAPORE & KUALA LUMPUR, Malaysia, May 24 (Bernama-BUSINESS WIRE) -- Ashnik, a leading enterprise open source technologies provider in Southeast Asia (SEA) and India, is unveiling its plan to offer solutions and services for digital transformation. Having been at the forefront of bringing several prominent open source technologies to enterprises in Southeast Asia since 2009, Ashnik has enabled over 100 enterprise customers to adopt open source technologies. Through its deep expertise in architecting and consulting services, Ashnik enabled customers achieve agility, innovation and cost reduction.
http://mrem.bernama.com/viewsm.php?idm=29191
SINGAPORE & KUALA LUMPUR, Malaysia, May 24 (Bernama-BUSINESS WIRE) -- Ashnik, a leading enterprise open source technologies provider in Southeast Asia (SEA) and India, is unveiling its plan to offer solutions and services for digital transformation. Having been at the forefront of bringing several prominent open source technologies to enterprises in Southeast Asia since 2009, Ashnik has enabled over 100 enterprise customers to adopt open source technologies. Through its deep expertise in architecting and consulting services, Ashnik enabled customers achieve agility, innovation and cost reduction.
http://mrem.bernama.com/viewsm.php?idm=29191
LANTRONIX ANNOUNCES AVAILABILITY OF BETA RELEASE OF MULTI-DIMENSIONAL IOT APPLICATION DEVELOPMENT AND DEPLOYMENT PLATFORM
MACH10™ Dramatically Simplifies the Process for OEMs to Deliver Web-Scale IoT Applications
IRVINE, Calif., May 23 (Bernama-GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ:LTRX), a global provider of secure data access and management solutions for Internet of Things (IoT) and information technology (IT) assets, today announced availability of the beta release of MACH10™, a multi-dimensional IoT application development and deployment platform that dramatically simplifies the process for OEMs to deliver web-scale IoT applications.
“Following a successful preview and demonstration of MACH10 to early access customers during the March quarter, we’re pleased to announce the availability of the MACH10 beta,” said Jeff Benck, president and CEO of Lantronix. “This beta release marks another important milestone as we move towards general availability of MACH10 later this calendar year and accomplishing Lantronix’s mission to deliver easy-to-deploy solutions that enable companies to leverage the benefits of the Internet of Things.”
Utilizing APIs built on industry standard protocols, MACH10 allows OEMs to significantly reduce the amount of time spent in developing IoT applications through extensible ready-to-use management applications that can be deployed immediately and a suite of essential microservices that allow OEMs to jumpstart their IoT application development while preserving their existing IoT software investments.
IRVINE, Calif., May 23 (Bernama-GLOBE NEWSWIRE) -- Lantronix, Inc. (the “Company”) (NASDAQ:LTRX), a global provider of secure data access and management solutions for Internet of Things (IoT) and information technology (IT) assets, today announced availability of the beta release of MACH10™, a multi-dimensional IoT application development and deployment platform that dramatically simplifies the process for OEMs to deliver web-scale IoT applications.
“Following a successful preview and demonstration of MACH10 to early access customers during the March quarter, we’re pleased to announce the availability of the MACH10 beta,” said Jeff Benck, president and CEO of Lantronix. “This beta release marks another important milestone as we move towards general availability of MACH10 later this calendar year and accomplishing Lantronix’s mission to deliver easy-to-deploy solutions that enable companies to leverage the benefits of the Internet of Things.”
Utilizing APIs built on industry standard protocols, MACH10 allows OEMs to significantly reduce the amount of time spent in developing IoT applications through extensible ready-to-use management applications that can be deployed immediately and a suite of essential microservices that allow OEMs to jumpstart their IoT application development while preserving their existing IoT software investments.
Tuesday, 23 May 2017
NABUFIT SIGNS STRATEGIC MARKETING PARTNERSHIP WITH SINA SPORTS IN CHINA
NEW YORK, May 23 (Bernama-GLOBE NEWSWIRE) -- NABUFIT Global Inc. (OTCQB:NBFT), developer of a ground breaking new training portal that enhances individual workouts by providing expert advice from professional trainers, health experts and international sports stars, today announced the signing of a marketing agreement with SINA Sports, a division of SINA Corp (Nasdaq:SINA). NABUFIT will be utilizing SINA’s services for the promotion of its NABUFIT App in China including Chinese social media management via the SINA platform and Weibo. SINA has more than 300 million visitors to their platform each month.
The twelve-month agreement allows SINA and NABUFIT to create and publish in cooperation multiple landing pages to drive traffic and obtain registered users to the NABUFIT App. SINA will also do weekly postings of NABUFIT’s workout videos on targeted areas of the SINA platform related to sports channels like soccer and running. SINA will also promote NABUFIT content weekly through SINA’s Weibo accounts controlled by SINA Sports. Additionally, SINA will have the download link to the NABUFIT App on their website(s) including related videos and content. NABUFIT will provide access to its training video content with Chinese subtitling and will make its best effort to secure special content for SINA from the NABUFIT star ambassadors.
http://mrem.bernama.com/viewsm.php?idm=29183
The twelve-month agreement allows SINA and NABUFIT to create and publish in cooperation multiple landing pages to drive traffic and obtain registered users to the NABUFIT App. SINA will also do weekly postings of NABUFIT’s workout videos on targeted areas of the SINA platform related to sports channels like soccer and running. SINA will also promote NABUFIT content weekly through SINA’s Weibo accounts controlled by SINA Sports. Additionally, SINA will have the download link to the NABUFIT App on their website(s) including related videos and content. NABUFIT will provide access to its training video content with Chinese subtitling and will make its best effort to secure special content for SINA from the NABUFIT star ambassadors.
http://mrem.bernama.com/viewsm.php?idm=29183
RIA MONEY TRANSFER ANNOUNCES NEW STRATEGIC PARTNERSHIPS AND EXPANDS ITS NETWORK IN INDIA TO SERVE WORLD'S LARGEST DIASPORA GROUP
BUENA PARK, Calif., May 23 (Bernama-GLOBE NEWSWIRE) -- Ria Money Transfer (“Ria”) the third largest money transfer company in the world and subsidiary of Euronet Worldwide, Inc. (NASDAQ:EEFT) has signed direct partnership agreements with three of India’s leading cash remittance payout agents, Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited.
Ria’s new principal agents are well-recognized in India and all have more than 15 years’ experience in the money transfer sector. With the addition of Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited, Ria will upgrade its cash payout network during the next 12 months by adding tens of thousands of high-quality retail and non-banking financial company locations across India. The robust and ubiquitous network will provide Ria with increased brand recognition across India, while providing tremendous convenience and accessibility for beneficiaries to easily receive cash remittances.
http://mrem.bernama.com/viewsm.php?idm=29176
Ria’s new principal agents are well-recognized in India and all have more than 15 years’ experience in the money transfer sector. With the addition of Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited, Ria will upgrade its cash payout network during the next 12 months by adding tens of thousands of high-quality retail and non-banking financial company locations across India. The robust and ubiquitous network will provide Ria with increased brand recognition across India, while providing tremendous convenience and accessibility for beneficiaries to easily receive cash remittances.
http://mrem.bernama.com/viewsm.php?idm=29176
BARINGS LAUNCHES GLOBAL BRAND ADVERTISING CAMPAIGN
CHARLOTTE, N.C., May 23 (Bernama-GLOBE NEWSWIRE) -- Barings, one of the world’s leading asset management firms, today launched a global brand advertising campaign articulating its commitment to meeting the ever-changing needs and aspirations of its clients by providing a broad set of innovative, customized investment solutions across asset classes and geographies.
“Adaptability – the new look of partnership” is the central theme of the campaign, which will run through early December and will be seen in over 10 languages in markets across the U.S., Europe and Asia. An initial focus on digital media will be augmented in coming months by print advertising in the world’s leading financial news outlets.
http://mrem.bernama.com/viewsm.php?idm=29170
“Adaptability – the new look of partnership” is the central theme of the campaign, which will run through early December and will be seen in over 10 languages in markets across the U.S., Europe and Asia. An initial focus on digital media will be augmented in coming months by print advertising in the world’s leading financial news outlets.
http://mrem.bernama.com/viewsm.php?idm=29170
Monday, 22 May 2017
TOSHIBA'S LOW POWER CONSUMPTION PHOTOCOUPLER ACHIEVES HIGH SPEED COMMUNICATION IN AUTOMOTIVE APPLICATIONS
- Realizes advantages of low power consumption, low threshold input current and low supply current
TOKYO, May 22 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today unveiled “TLX9310,” a low power consumption photocoupler housed in a 5pin SO6 package for high speed communication in automotive applications. Mass production shipments start today.
http://mrem.bernama.com/viewsm.php?idm=29163
TOKYO, May 22 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today unveiled “TLX9310,” a low power consumption photocoupler housed in a 5pin SO6 package for high speed communication in automotive applications. Mass production shipments start today.
http://mrem.bernama.com/viewsm.php?idm=29163
GREE: "MADE IN CHINA" FAVORED ALONG THE "BELT AND ROAD"
GUANGZHOU, China, May 19, 2017 /Xinhua-AsiaNet/--
At the 121st Canton Fair, which has just concluded, Gree exhibited a full range of intelligent home appliance products, all of which are the results of its own independent research and development. Key technologies such as the man-machine dialog, intelligent control, are very impressive. "The quality of the Gree products and its constantly innovating core technologies increased my faith in 'Made in China' products," said Mr. Rizwan Bartz, from Pakistan.
Built in 1991, "Gree," a small factory, has withstood the test of time and market, and gradually developed into a listed company with great international presence. Integrating functions such as research and development, production, sales and services, the annual revenue of this home appliance giant has now exceeded 100 billion yuan.
http://mrem.bernama.com/viewsm.php?idm=29162
At the 121st Canton Fair, which has just concluded, Gree exhibited a full range of intelligent home appliance products, all of which are the results of its own independent research and development. Key technologies such as the man-machine dialog, intelligent control, are very impressive. "The quality of the Gree products and its constantly innovating core technologies increased my faith in 'Made in China' products," said Mr. Rizwan Bartz, from Pakistan.
Built in 1991, "Gree," a small factory, has withstood the test of time and market, and gradually developed into a listed company with great international presence. Integrating functions such as research and development, production, sales and services, the annual revenue of this home appliance giant has now exceeded 100 billion yuan.
http://mrem.bernama.com/viewsm.php?idm=29162
Friday, 19 May 2017
TOSHIBA LAUNCHES SMART GATE DRIVER PHOTOCOUPLER WITH IMPROVED DESATURATION SENSING FUNCTION
TOKYO, May 18 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of "TLP5214A," a new smart gate driver photocoupler for use in driving medium-power IGBTs and power MOSFETs that delivers desaturation sensing characteristics that improve on those offered by the current "TLP5214". Mass production shipments start today.
TLP5214A newly integrates such features as desaturation leading edge blanking time, filtering time, and optimization of soft turn-off performance. These contribute to secure execution of applications by suppressing short-time pulse noise during switching and desaturation sensing.
TLP5214A newly integrates such features as desaturation leading edge blanking time, filtering time, and optimization of soft turn-off performance. These contribute to secure execution of applications by suppressing short-time pulse noise during switching and desaturation sensing.
ADDIVANT ANNOUNCES TEMPORARY SURCHARGE ON A SERIES OF ANTIOXIDANTS FOLLOWING SEVERE SHORTAGE IN ISOBUTYLENE IN EUROPE
DANBURY, Conn., May 18 (Bernama-GLOBE NEWSWIRE) -- Following an abrupt shortage of isobutylene in Europe that started in March 2017, Addivant™, a global leader in polymer additives, will apply a temporary 25% price surcharge on the following list of Antioxidants: ANOX®IC-14, LOWINOX®1790, LOWINOX®22IB46, LOWINOX®22M46, LOWINOX®44B25, LOWINOX®CA-22, LOWINOX®CPL, LOWINOX®TBM6, LOWINOX®ROSIN6 and LOWINOX®TBP6. The temporary surcharge is effective immediately. Addivant has taken and will continue to take significant measures to mitigate the impact on the availability of these products and remains committed to maintaining uninterrupted delivery to its customers.
About Addivant™
Addivant™ is an innovator in the field of polymer additives, developing customized solutions that provide customers enhanced application performance, safe handling, and reduction in cost of use. The company is recognized industry-wide for its extensive portfolio of specialty additives including antioxidants, light stabilizers, rubber additives, polymer modifiers, metal deactivators, polymerization inhibitors and intermediates. Addivant is an international company, with 11 plants in five regions as well as research, manufacturing and sales facilities around the globe. Addivant maintains its global headquarters in Connecticut, USA with regional headquarters in: Al Jubail, Saudi Arabia, Basel, Switzerland, and Shanghai, China. Addivant is an independent portfolio company of SK Capital. Visit https://www.addivant.com/about-us for more information.
Addivant™, ANOX® and LOWINOX® are trademarks of Addivant.
Contacts:
Beverly Kindermann
Beverly.Kindermann@addivant.com
Tel: +1 203 702 6182
SOURCE : Addivant
--BERNAMA
About Addivant™
Addivant™ is an innovator in the field of polymer additives, developing customized solutions that provide customers enhanced application performance, safe handling, and reduction in cost of use. The company is recognized industry-wide for its extensive portfolio of specialty additives including antioxidants, light stabilizers, rubber additives, polymer modifiers, metal deactivators, polymerization inhibitors and intermediates. Addivant is an international company, with 11 plants in five regions as well as research, manufacturing and sales facilities around the globe. Addivant maintains its global headquarters in Connecticut, USA with regional headquarters in: Al Jubail, Saudi Arabia, Basel, Switzerland, and Shanghai, China. Addivant is an independent portfolio company of SK Capital. Visit https://www.addivant.com/about-us for more information.
Addivant™, ANOX® and LOWINOX® are trademarks of Addivant.
Contacts:
Beverly Kindermann
Beverly.Kindermann@addivant.com
Tel: +1 203 702 6182
SOURCE : Addivant
--BERNAMA
EUROLOAN APPOINTS FORMER MORGAN STANLEY FINTECH LEADER JAMES HICKSON AS NEW GROUP CEO
Euroloan Group PLC, the leading European digital financial technology company, appoints James Hickson, former Wall St. Fintech leader, as Group CEO. The move is part of Euroloan's drive to grow the business and market share significantly across Europe.
HELSINKI, Finland, May 19 (Bernama-GLOBE NEWSWIRE) -- Euroloan Group PLC, a pioneering European financial technology company with offices in Helsinki (HQ), Luxembourg, Stockholm and Warsaw, announced today the appointment of James Hickson (B.Sc., M.B.A.) as group Chief Executive Officer. Hickson, an accomplished financial technology industry executive with 16 years of experience on Wall Street, most recently led a FinTech technology business development practice at Morgan Stanley. With international experience in New York, London, Saudi Arabia, and Eastern Europe, he has long been at the forefront of a changing financial services landscape, and is uniquely positioned to lead the company through its next phase of growth.
http://mrem.bernama.com/viewsm.php?idm=29149
HELSINKI, Finland, May 19 (Bernama-GLOBE NEWSWIRE) -- Euroloan Group PLC, a pioneering European financial technology company with offices in Helsinki (HQ), Luxembourg, Stockholm and Warsaw, announced today the appointment of James Hickson (B.Sc., M.B.A.) as group Chief Executive Officer. Hickson, an accomplished financial technology industry executive with 16 years of experience on Wall Street, most recently led a FinTech technology business development practice at Morgan Stanley. With international experience in New York, London, Saudi Arabia, and Eastern Europe, he has long been at the forefront of a changing financial services landscape, and is uniquely positioned to lead the company through its next phase of growth.
http://mrem.bernama.com/viewsm.php?idm=29149
MIA Organise Video, Essay Competitions In Conjunction With Golden Jubilee Celebrations
KUALA LUMPUR, May 18 (Bernama) -- The Malaysian Institute of Accountants (MIA) is organising a video recording and essay competition from June 1 to July 31 in conjunction with its golden jubilee celebrations.
"These competitions are to gauge the students' interest in accountancy and to provide an avenue to express their creativity.
"They are centered around the 50th anniversary theme, which is integrity, accountability and trust -- the three core values that form the building blocks of the accountancy profession," the MIA said in a statement.
The video recording competition which offers a prize of RM3,000 and a certificate, is open to tertiary students who are pursuing studies in accounting related programmes with registered institutions in Malaysia.
The video must be in English and in MP4 format, and the duration must be three to five minutes.
The essay competition is open to form 4, form 5 and form 6 students with a prize of RM2,000 and a certificate of achievement.
It must be written in English and must be between 500 to 800 words.
For more information, visit http://mia50.mia.org.my
-- BERNAMA
"These competitions are to gauge the students' interest in accountancy and to provide an avenue to express their creativity.
"They are centered around the 50th anniversary theme, which is integrity, accountability and trust -- the three core values that form the building blocks of the accountancy profession," the MIA said in a statement.
The video recording competition which offers a prize of RM3,000 and a certificate, is open to tertiary students who are pursuing studies in accounting related programmes with registered institutions in Malaysia.
The video must be in English and in MP4 format, and the duration must be three to five minutes.
The essay competition is open to form 4, form 5 and form 6 students with a prize of RM2,000 and a certificate of achievement.
It must be written in English and must be between 500 to 800 words.
For more information, visit http://mia50.mia.org.my
-- BERNAMA
NTT COM LAUNCHES MUNICH 2 DATA CENTER IN GERMANY
TOKYO, May 19 (Bernama-BUSINESS WIRE) -- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT (TOKYO:9432) Group, announced today that its “Germany Munich 2 Data Center” (Munich 2) has opened, effective immediately, in Unterschleißheim, a suburb of Munich, Germany located 16km from the city center. The facility is under the management of e-shelter, a NTT Com company and leading data-center operator and service provider in Europe.
The two-story Munich 2 initially is offering 2,800 square meters of server space, equivalent to 1,100 racks, which is expected to expand to 5,600 square meters. The facility is operating under NTT Com’s Nexcenter™ brand, which encompasses 24/7 data-center services in more than 140 bases worldwide.
http://mrem.bernama.com/viewsm.php?idm=29146
The two-story Munich 2 initially is offering 2,800 square meters of server space, equivalent to 1,100 racks, which is expected to expand to 5,600 square meters. The facility is operating under NTT Com’s Nexcenter™ brand, which encompasses 24/7 data-center services in more than 140 bases worldwide.
http://mrem.bernama.com/viewsm.php?idm=29146
NEW RESEARCH FINDS HEADER BIDDING AND BRAND SPEND FUELED MOBILE MONETIZATION GROWTH FOR THIRD QUARTER IN A ROW
PubMatic's Q1 2017 Quarterly Mobile Index (QMI) reveals over 50% eCPM increases YOY for both mobile header bidding and mobile PMPs
REDWOOD CITY, Calif., May 18 (Bernama-BUSINESS WIRE) -- PubMatic, the automation solutions company for an open digital media industry, today announced the findings of its Q1 2017 Quarterly Mobile Index (QMI) report, which found that increased global adoption of header bidding and private marketplaces (PMPs) drove significant monetization opportunities for mobile publishers. The report also provides insights for publishers and media buyers around mobile video and app inventory.
PubMatic’s most recent QMI analysis for Q1 2017 found that mobile monetized impression volume from header bidding rose 12X year-over-year, faster than the growth rate for desktop header bidding impressions, and that nearly 25 percent of total monetized header bidding impressions originated from a mobile device, up from 7 percent a year prior. Further, mobile header bidding eCPMs increased 55 percent year-over-year. As technology providers like PubMatic continue to innovate around header bidding, with in-app, server-side and video solutions being introduced to the market, publishers and buyers alike will reap substantial benefits.
REDWOOD CITY, Calif., May 18 (Bernama-BUSINESS WIRE) -- PubMatic, the automation solutions company for an open digital media industry, today announced the findings of its Q1 2017 Quarterly Mobile Index (QMI) report, which found that increased global adoption of header bidding and private marketplaces (PMPs) drove significant monetization opportunities for mobile publishers. The report also provides insights for publishers and media buyers around mobile video and app inventory.
PubMatic’s most recent QMI analysis for Q1 2017 found that mobile monetized impression volume from header bidding rose 12X year-over-year, faster than the growth rate for desktop header bidding impressions, and that nearly 25 percent of total monetized header bidding impressions originated from a mobile device, up from 7 percent a year prior. Further, mobile header bidding eCPMs increased 55 percent year-over-year. As technology providers like PubMatic continue to innovate around header bidding, with in-app, server-side and video solutions being introduced to the market, publishers and buyers alike will reap substantial benefits.
Thursday, 18 May 2017
NATIONAL ENERGY SERVICES REUNITED CORP. COMPLETES $210,000,000 INITIAL PUBLIC OFFERING
NEW YORK and HOUSTON, May 18 (Bernama-GLOBE NEWSWIRE) -- National Energy Services Reunited Corp. (Nasdaq:NESRU) ("NESR" or the "Company"), a company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities, today announced the closing of its initial public offering (“IPO”) of 21,000,000 units at a price to the public of $10.00 per unit, with the offering raising gross proceeds of $210,000,000. The units commenced trading on Friday, May 12, 2017, on The NASDAQ Capital Market ("Nasdaq") under the symbol "NESRU." Each unit issued in the IPO consists of one ordinary share and one warrant to acquire one-half of one ordinary share at a price of $11.50 per full share. Once the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be traded on Nasdaq under the symbols "NESR" and "NESRW", respectively. Certain lead investors, as defined in the final prospectus, who have agreed to hold their shares through the consummation of our initial business combination and not seek redemption in connection therewith, purchased an aggregate of $60,000,000 of units in the IPO.
http://mrem.bernama.com/viewsm.php?idm=29142
http://mrem.bernama.com/viewsm.php?idm=29142
SOLARWINDS ACQUIRES SCOUT'S SAAS-BASED SERVER MONITORING TECHNOLOGY AND LAUNCHES IT AS SOLARWINDS PINGDOM SERVER MONITOR
With the acquisition, SolarWinds enhances its already deep server monitoring capabilities with out-of-the-box simple, yet rich SaaS-based server monitoring developed by DevOps professionals for DevOps professionals
AUSTIN, Texas, May 18 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced it has completed the acquisition of Scout Server Monitoring. The transaction closed Friday, May 5, 2017. As part of the acquisition, Scout Co-Founder and Chief Technology Officer Andre Lewis has joined SolarWinds.
http://mrem.bernama.com/viewsm.php?idm=29137
AUSTIN, Texas, May 18 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced it has completed the acquisition of Scout Server Monitoring. The transaction closed Friday, May 5, 2017. As part of the acquisition, Scout Co-Founder and Chief Technology Officer Andre Lewis has joined SolarWinds.
http://mrem.bernama.com/viewsm.php?idm=29137
UTEM-INFINEON JOINT VENTURE TO INCREASE GRADUATE MARKETABILITY
KUALA
LUMPUR, May
16 (Bernama) -- Universiti Teknikal Malaysia Melaka (UTeM) and Infineon
Technologies Sdn Bhd (Infineon) are committed in fostering
collaboration to improve the marketability and job opportunities of
UTeM graduates, making them more dynamic and relevant to current industry
needs.
UTeM Assistant Vice-Chancellor (Industry and Community)
Prof Dr Goh Ong Sing said the collaboration was implemented in
2011 through the Industry Excellence Centre (I-CoE) with full support of the
Higher Education Ministry.
“This collaboration joins UTeM and Infineon in
education, technical training, research, marketability as well as jobs and
various other activities which benefit both parties,” he said in a statement
here today.
Besides the industrial training programme,
a UTeM-Infineon Week was also held on May 8 and 9 at the
UTeM Technology Campus with various activities including a poster
competition, student interview sessions and career talks.
Goh said the UTeM-Infineon Week which attracted
almost 3,000 students benefited all parties.
UTeM Vice-Chancellor Prof Datuk Dr Shahrin Sahib
said UTeM would continue to force collaborations with the industry in its
continuing efforts to increase research and innovation activities, as well as
improve marketability of its graduates.
-- BERNAMA
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