​VISTAJET ACHIEVES HIGHEST THIRD QUARTER REVENUE IN ITS HISTORY

Record results as company continues to gain market share across all markets

• Program Membership flights up 38% year-over-year
• Record number of Program Membership hours flown, up 32% year-over-year
• 25% of Program Membership growth from North American market
• EBITDA grew 24% year-over-year

LONDON, Nov 30 (Bernama-GLOBE NEWSWIRE) -- VistaJet, the first and only global business aviation company, is delighted to announce record results in its third quarter trading update, driven by the continued demand for the company’s flagship Program Membership with a 38% increase in revenue. The Program segment achieved a record 32% increase of new flights hours flown compared to Q3 2016.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4fdcbdf1-108d-4c15-bc20-88d80cfbf9e1

A core driver to VistaJet’s Program Membership growth came from its North American market, seeing a 25% growth in its US-based customers in the third quarter alone. VistaJet also saw its largest increase in flight hours from North America, up 22%, representing yet another quarter of double-digit year-over-year growth.

Over the same period, VistaJet achieved a 24% rise in EBITDA thanks to its unique global infrastructure and the investment into its proprietary technology.

Today’s update yet again demonstrates the global trend of individuals and corporations moving away from aircraft ownership as they look to reduce costs and asset risks, but not the comfort, convenience and benefits of business aviation. Supporting this trend was the recent $150 million investment from Rhône Capital announced in August, now valuing VistaJet equity in excess of $2.5 billion. The company is well positioned to attract even more fractional and full aircraft owners in the US market, by offering global coverage, consistent unparalleled quality and maximum efficiency.

"Today's record results are yet another milestone in VistaJet's history and prove the global demand for our unique model and ability to shake up the business aviation industry. It is clear that in today's On Demand economy, individuals want the flexibility and cost-effectiveness of the VistaJet Program," said Thomas Flohr, VistaJet's Founder and Chairman. "I am also extremely pleased with the continued growth we are making in the US, the largest business market in the world. The progress has been made on the back of positive feedback from customers who are continually recommending VistaJet to their peers for its unrivalled and consistent level of service, anytime and anywhere they fly. We are excited to continue building VistaJet’s leading position in the industry thanks to our customers’ trust and support."

About VistaJet
VistaJet is the first and only global aviation company. On its fleet of silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries worldwide. Founded in 2004 by Thomas Flohr, the company pioneered an innovative business model where customers pay only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program service offers customers a bespoke subscription of flight hours on its fleet of mid and long-range jets, to fly them anywhere and at any time.

More VistaJet information and news at vistajet.com.

Information

Jennifer Tyler
VistaJet International
T: +44 (0) 203 617 3077
M: +44 (0) 7834 335505
jennifer.tyler@vistajet.com

James Leviton
Finsbury
T: +44 207 251 3851
VistaJet@finsbury.com

Source : VistaJet Ltd

--BERNAMA

BLUJAY SOLUTIONS UNVEILS MOBILESTAR

BLUJAY SOLUTIONS UNVEILS MOBILESTAR

​NASDAQ WINS BEST CLEARING TECHNOLOGY OF THE YEAR BY RISK.NET

STOCKHOLM, Sweden, Nov 30 (Bernama-GLOBE NEWSWIRE) -- The Market Technology business of Nasdaq (Nasdaq:NDAQ) has won ‘Best Central Counterparty Clearing Support Product of the Year’ awarded by Risk.net. The winning entry focused on the Nasdaq Financial Framework. The solution, originally launched in 2016, incorporates the world's leading multi-asset and real-time clearing, settlement and risk management. It represents a harmonized approach to delivering robust post-trade capabilities in an open, agile environment.

“We are thrilled to have won this prestigious award by Risk.net,” said Lars Ottersgård, Executive Vice President and Head of Market Technology, Nasdaq. “This recognition is a true testament to our technology and product teams who have relentlessly worked to evolve our solutions over the past year. Post-trade technology has now become one of—if not the most—integral and complex parts of market infrastructure. We look forward to continuing to innovate in this space and pushing the boundaries of how post-trade technology enhances and strengthens the capital markets.”

Nasdaq's Post-Trade Solution:

• Enables clearinghouses to handle the full-range of post-trade functions (clearing, settlement, and depository, including risk and collateral management) across multiple asset classes, covering securities, exchange-traded derivatives and over-the-counter derivatives across equities, fixed income, currencies and commodities;
• Improves operational efficiency for both the clearinghouse, its market participants and end-investors;
• Enhances capital and collateral efficiencies for its market participants, including end-investors;
• Improves and differentiates the customer experience, interaction and use of its services;
• Adopts best-in-class international practices within a robust regulatory framework;
• Ensures that the Nasdaq platform is prepared for increasing cross-border trading programs;
• Supports new product and service opportunities within and contiguous to the post-trade value chain and enable clearinghouses to pursue these; and,
• Allows clearinghouses to take advantage of the emergence of new financial technologies such as distributed ledgers based on blockchain technology, and help bring them to market quickly in areas where they make sense.

Nasdaq’s market infrastructure technologies, including trading, real-time risk, index, clearing, CSD and market surveillance systems are operated in more than 100 marketplaces, regulators, clearinghouses and central securities depositories across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.

About Nasdaq

Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com

For Media Inquiries

Nasdaq
Ryan Wells
ryan.wells@nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile:  +44 (0) 7809 596 390

NDAQG

Source : Nasdaq, Inc.

--BERNAMA

1QBIT RAISES $45M SERIES B ROUND FROM FUJITSU, ACCENTURE, AND ALLIANZ TO ADVANCE INDUSTRY APPLICATIONS OF QUANTUM COMPUTING

Strategic investment and revenue contracts fund continued development of 1QBit’s hardware-agnostic software platform and applications for solving industry’s most demanding computational challenges.

VANCOUVER, British Columbia, Nov 29 (Bernama-GLOBE NEWSWIRE) --1QB Information Technologies Inc. (1QBit), a software company solving industry’s most demanding computational challenges using the most advanced quantum and classical hardware available, today announced the close of a C$45 million Series B round comprising equity and revenue contracts. This funding round is led by Fujitsu Limited, with additional strategic investment by Accenture, Allianz, The Royal Bank of Scotland, and CME Ventures.

1QBit has experienced significant growth over the last year, adding key science and business leaders to its team of experts, and plans to use this latest investment to continue to expand its research and software development teams.

“These strategic partners strengthen 1QBit’s position as a leader in applying classical and quantum computers to industry problems and expanding the breadth of our commercialization activities,” said Landon Downs, President of 1QBit.

Over the last four years, 1QBit has grown into a multidisciplinary team of over 50 researchers, software developers, and industry experts who specialize in developing algorithms and software for quantum and classical computing, focused on machine learning, optimization methods, and simulation. The company develops solutions for industry-leading organizations facing computationally intensive problems in domains that include, advanced materials, life sciences, energy, and finance. 1QBit works directly with Fortune 500 clients, such as DowDuPont and Biogen, across these sectors.

“This strategic investment and partnership will enable our customers to use 1QBit’s software platform and deep expertise in leveraging the most advanced hardware systems, including our digital annealer, to rapidly develop improved applications for solving sampling, optimization, and machine learning problems,” said Naoko Yoshizawa, SVP, Head of Fujitsu’s AI Platform Business Unit.

1QBit’s expertise in quantum computing and a variety of specialized fields, including mathematics, physics, chemistry, materials science, and operations research, enables the development of novel algorithms for application-oriented software solutions for industry. The company’s technology spans the full stack, from SDK to web API.

“The 1QBit platform accelerates our client’s ability to leverage the most advanced quantum and classical processors available to solve their most complex business challenges, and gives them a hardware-agnostic solution that enables them to stay ahead of the computational curve,” said Paul Daugherty, Accenture’s Chief Technology & Innovation Officer. 1QBit and Accenture announced today that they have formed a strategic alliance which will help Accenture expand its analytics capabilities using quantum computing, and build a new era of intelligence for businesses and organizations.

1QBit redefines intractable problems by reframing them using the most effective quantum and classical processors. The company takes a hardware-agnostic approach to assess a partner’s industry problem and develops an API that will produce the best available results today, while continually improving upon them through the ability to switch the underlying solvers as new software is released and hardware architectures are developed.

http://mrem.bernama.com/viewsm.php?idm=30663

MIMOS' SMART CONTROLLER FOR BUILDINGS TO HARNESS FULL POTENTIAL OF INDUSTRIAL IOT

Paired with Reneon's energy management platform, the system enables direct control of energy consumption 

BUKIT JALIL, Nov 30 (Bernama) -- National research and development (R&D) centre in information and communications technology (ICT), MIMOS through its unit MIMOS Semiconductor (M) Sdn Bhd (MSSB) has unveiled a smart controller system for smart buildings that allows facility managers to not only better understand their energy consumption patterns, but also have direct control over it.

The Secured Smart Controller (SSC) is an interlinked network of hardware and software, which monitor and control the environment, space and facilities in commercial and industrial buildings. The SSC system ensures optimum operational performance of the facility as well as the comfort, energy-saving and safety of building occupants.

The SSC coupled with an Autonomous Intelligent Ambient Control System is an Internet of Things (IoT) solution capable of turning an industrial building into a smart establishment. Reliable and secure, the SSC system has been shown to possess energy savings of up to an estimated 50 percent in lightings and 30 percent in air conditioner applications. Designed to be simple to use, the system autonomously monitors and controls ambient parameters such as temperature, and room space brightness.

In unveiling the product, MIMOS has also announced that it is working together with Reneon Technologies, a Malaysian startup that specialises in IoT, smart building and energy efficiency services and solutions.

MSSB General Manager Wan Azli Wan Ismail, who is also MIMOS Vice-President for E&E Sector said: “MIMOS supports local startups company by transferring our technologies. Partnering with Reneon Technologies allows MIMOS to integrate our SSC with Reneon's cloud-based energy management platform to produce a comprehensive energy management solution.”

Reneon Director Ashwin Menon said: "Our collaboration with MIMOS has allowed Reneon to speed up the R&D process for product development. The expertise and vast knowledge provided by MIMOS together with the market experience provided by our company has allowed us to build a solution that caters to the requirement of the market while keeping costs low and without compromising on features and quality.”

“This collaboration has certainly been very useful to us and we hope there can be more such collaborations in the future. A market roll-out for the SSC system has been planned by first quarter of 2018,” he added.

About MIMOS
MIMOS is Malaysia’s premier Applied Research and Development Centre in Information and Communications Technology, Industrial Electronics Technology and Nano-Semiconductor Technology.  As a strategic agency under the Ministry of Science, Technology and Innovation (MOSTI), MIMOS contributes to raising Malaysia's competitiveness by pioneering market creation for Malaysian technopreneurs through patentable technology platforms, products and solutions. Over the past 12 years, MIMOS has filed more than 1,800 Intellectual Properties in various technology domains and across key socio-economic areas. Serving a central role in Malaysia’s transformation journey and ICT Vision, MIMOS endeavours to create a culture of innovation by nurturing relationships with internal and external stakeholders, in the spirit of smart partnerships and inclusive growth models and strategies.

About Reneon Technologies
Reneon Technologies is an electrical engineering company that specializes in IoT, Smart Building and Energy Efficiency services and solutions. Our goal is to assist our commercial, industrial and residential clients in managing their electricity usage effectively which will inadvertently contribute to environment conservation for future generation. To date, we have advocated energy conservation through our solutions for various projects including police stations, local municipality buildings, F&B outlets, office spaces, universities, hotels, factories and condominiums. In total we have completed over 50 projects primarily in Malaysia.  Moving forward we would be bringing our technology and solution to other Southeast Asian countries. Reneon Technologies aims to position itself as the Green and Smart Building Solution Provider in the region.

Source : MIMOS Berhad

FOR MORE INFORMATION, PLEASE CONTACT: 

Name : Laurence Sebastian
Tel : +603 8995 5000 / +601 9236 4938
Email : laurence@mimos.my
Website : www.mimos.my

--BERNAMA

SOTERIX MEDICAL EXPANDS SOUTH EAST ASIA PRESENCE WITH CLINICAL APPROVAL IN SINGAPORE FOR DEPRESSION AND FIBROMYALGIA TREATMENT

NEW YORK, Nov 30 (Bernama-BUSINESS WIRE) -- Soterix Medical, Inc. (SMI) announces that it has received Singapore’s Health Sciences Authority (HSA) approval for its non-invasive therapeutic medical device. This approval allows Soterix Medical to immediately market its products based on its proprietary transcranial Direct Current Stimulation (tDCS) technology in Singapore. The therapy works by delivering a mild electrical current through electrodes placed on the head relieving the symptom of Major Depression using the Depression tDCS-LTE™treatment or Fibromyalgia using the PainX™ treatment. Patients who have not responded well to drug treatment are candidates for Depression tDCS-LTE or PainX treatment where typical adverse events are limited to mild itching and tingling. The therapy is available as a 20-30 minute in-office treatment.
 
“South East Asia is an important region for Soterix Medical,” according to Chief Product Manager Kamran Nazim. “HSA approval reflects our mission to deliver our treatment technologies worldwide and will build on our momentum and presence in these rapidly developing markets. This approval is a milestone toward securing approvals across Asia as a whole, including Japan, South Korea, China, and other countries to meet the rapidly escalating demand for advanced device-based therapies in the continent.”

http://mrem.bernama.com/viewsm.php?idm=30672

TOSHIBA MEMORY CORPORATION UNVEILS UFS DEVICES UTILIZING 64-LAYER, 3D FLASH MEMORY

TOKYO, Nov 29 (Bernama-BUSINESS WIRE) -- Toshiba Memory Corporation, the world leader in memory solutions, has today started sampling Universal Flash Storage (UFS) devices[1] utilizing Toshiba Memory Corporation’s cutting-edge 64-layer, BiCS FLASH™ 3D flash memory. [2] The new UFS devices meet performance demands for applications that require high-speed read/write performance and low power consumption, including mobile devices such as smartphones and tablets, and augmented and virtual reality systems.

The new line-up will be available in four capacities: 32GB, 64GB, 128GB and 256GB. [3] All of the devices integrate flash memory and a controller in a single, JEDEC-standard 11.5 x 13mm package. The controller performs error correction, wear leveling, logical-to-physical address translation and bad-block management, allowing users to simplify system development.

http://mrem.bernama.com/viewsm.php?idm=30667 

ANDREW HUBBLE, DELL EMC, SALES DIRECTOR ASIA PACIFIC AND JAPAN, SURVEILLANCE AND SECURITY TALKS ABOUT SOLUTIONS ON SECURITYSOLUTIONSWATCH.COM

NEW YORK, Nov 28 (Bernama-GLOBE NEWSWIRE) -- Mr. Andrew Hubble, Dell EMC, Sales Director Asia Pacific and Japan, Surveillance and Security, told us, “Terrorism in certain countries in Asia has certainly focused governments and enterprise to review their own safety and security methods to protect the public, staff and critical infrastructure and how to improve current practice. Convergence and collaboration of multiple Safety and Security technology combined with “Big Data” analytics are needed to leverage technology in the battle against terrorism in APJ. This provides both challenges and opportunities for Dell EMC as we can provide both thought leadership in the technology challenges while being the catalyst for all of the different technology partners that operate in this space.”

“Safety and Security now touch every industry from Government through to small business and domestic users. Dell EMC key markets are usually in the Government sector, particularly in Safe Cities, border protection and transportation. Large commercial and enterprise business are also key users of Dell EMC infrastructure in their Safety and Security needs.”

“Dell EMC has had some significant wins in the Safe City and Transportation sectors throughout Asia Pacific. Because of the nature of Safety and Security, our customers prefer not to be publically referenceable, but will discuss their best practice and experiences on a peer to peer basis. Safe City’s in India, Vietnam and Korea, Airports in Australia, Singapore, China and Metro Rail in China, Australia and Japan are all customers of Dell EMC and we can facilitate industry references when required.”

For the complete interview with Andrew Hubble, please click here, or here: http://www.securitysolutionswatch.com/Interviews/in_Boardroom_Hubble_DeLLEMC.html

For additional information:
Dell EMC Solutions Portfolio (www.emc.com/storage/video-surveillan
ce-storage.htm)
Dell EMC Partner Validations (https://www.emc.com/storage/video-
surveillance-storage.htm#!partner_validations)
Dell EMC Resources (https://www.emc.com/storage/video-
surveillance-storage.htm#!resources)

About SecuritySolutionsWatch.com
SecuritySolutionsWatch.com features thought leadership interviews about security solutions. Our "In The Boardroom" program, for 15+ years, has delivered outstanding content about solutions from leading global brands like: Cisco Security, Cyberinc, Dell EMC, HPE, Gemalto, HID Global, ImageWare, Siemens Security and SONY Security, and many more.

What's YOUR cybersecurity, physical security, mobility, payments or "smart" solution?
Please join us "In The Boardroom", more details here, or here: http://www.securitysolutionswatch.com/Main/
ThoughtLeadershipOpportunity_July2017.pdf

THIS PRESS RELEASE, AND ALL CONTENT AND ADVERTISING, WHICH APPEARS ON SECURITYSOLUTIONSWATCH.COM AND/OR SECURITYSTOCKWATCH.COM, ONLINE AND/OR IN PRINT, IS SUBJECT TO OUR DISCLAIMER HERE: www.securitysolutionswatch.com/Main/Terms_of_Use.html.

Ali Eng
ALE@SecuritySolutionsWatch.com
1+914.690.9351

Source : SecuritySolutionsWatch.com

--BERNAMA

THE 16TH ASIAN MARATHON CHAMPIONSHIPS KICKED OFF IN CHINA'S DONGGUAN

DONGGUAN, China, Nov. 27, 2017 /Xinhua-AsiaNet/--
 
On November 26, the 16th Asian Marathon Championships & Dongguan International Marathon 2017 kicked off in Dongguan, China. The running feast drew 40 professional athletes and over 30,000 runners from 18 countries and regions. GOPI THONAKAL from India and KIM HYE GYONG from DPRK won the men's and women's marathons of the Championships respectively. By hosting the Championships, Dongguan has been given an opportunity to catch the world's attention as a dynamic and charming city.
  
At around 7:30 a.m. on Nov. 26, the competition began upon a starting shot by distinguished guests including Dr. Talib F Al-Sa, vice-president of Asian Athletes Association (AAA), Maurice R. Nicholas, secretary-general of AAA and Lv Yesheng, secretary of Dongguan Municipal Party Committee. It is known that the competition consists of four events, namely the full marathon (42.195 km), half-marathon (21.0975 km), mini-marathon (5.2 km) and Carnival Joy Run (2.6 km).

http://mrem.bernama.com/viewsm.php?idm=30655

STARS OF SCIENCE CROWNS 25-YEAR-OLD FOUAD MAKSOUD BEST ARAB INNOVATOR

DOHA, Qatar, Nov 27 (Bernama-GLOBE NEWSWIRE) -- Fouad Maksoud was named the Arab world’s top innovator in a supercharged finale of Stars of Science. His journey on the ninth season of the Qatar Foundation (QF) hit TV show captivated audiences across the Middle East and beyond. While competition was fierce, Fouad and his Nano-shielding Textile Machine became the public and jury favorite, earning him the highest honor on the show.

Photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/2c891adc-0027-42f5-b953-020a470f7c89
http://www.globenewswire.com/NewsRoom/AttachmentNg/29e5fd82-a5b8-41be-9a98-5cba13cc8f92
http://www.globenewswire.com/NewsRoom/AttachmentNg/f916df9d-1d7d-4269-9f51-7985b049b149

Omran Hamad Al Kuwari, Executive Director, CEO’s Office, QF, commented, saying: “Stars of Science serves as a platform to launch the careers of talented young Arab men and women who possess the potential to impact their local community and beyond. This year, we have seen a multitude of incredible inventions designed to address the needs of, and solve problems specific to, the Arab world. Congratulations to all this year’s contestants and to Fouad Maksoud for being named season nine’s top innovator.”

“We are delighted to host the Stars of Science finalists and alumni in Oman as part of our fruitful collaboration with Qatar Foundation. Through this partnership we seek to ensure the transfer of knowledge and experience to the next generation of young innovators,” said Yousuf Al-Harthy, Chief Executive Officer of the Oman Technology Fund.

http://mrem.bernama.com/viewsm.php?idm=30654

WITH OWLNEST BLOCKCHAIN HOTEL MANAGEMENT SERVICE, OWLTING TARGETS 30,000 HOSPITALITY CLIENTS BY 2019

NEW YORK, Nov 23 (Bernama-GLOBE NEWSWIRE) -- The global travel & tourism industry is a US$7.6 trillion market, roughly 10% of the world's GDP. Global brands and local hotel owners are facing fierce competition in the internet era. Over decades, hotels need to manage their own booking reservations from many channels and spend long hours sorting out the room availability and customer schedules. OwlTing, a Taiwanese technology company focusing on blockchain & e-commerce, is launching “OwlNest Blockchain Hotel Management Service,” an integrated lodging management platform to help hotels worldwide improve brand awareness and customer satisfaction. 

Global Tourism Continues to Grow and Challenge the Hotel Booking Systems
With the rise of various online travel agencies (OTA), hotels must be able to strike a balance between pricing for visibility on major OTA channels and pricing for profitability on their own websites. Hotels also need to better understand their returning customers and adjust marketing strategy more proactively, which incumbent technology solutions cannot fulfill. OwlTing is answering this need by leveraging innovations in global blockchain communities. By subscribing to OwlNest, hotels can reduce operating costs and improve customer experience and profitabliy via a cloud-based, integrated platform.

Integrated Hotel Management System built on OwlNest Blockchain Service
OwlTing’s product suite covers mobile e-commerce, local travel experiences and blockchain services. “OwlTing’s deep engineering experiences enable us to provide innovative blockchain solutions for the global hospitality industry,” said Darren Wang, founder and CEO of OwlTing. “With the launch of OwlNest, our team, already working with hotels and hostels in the United States, Taiwan, Japan, Malaysia, will bring OwlNest to over 30,000 hotel by 2019. We expect the advanced blockchain technology behind OwlNest to create huge value for hotels and travelers by solving critical pain points. We are excited to offer the world a really awesome choice.”

OwlNest is the world’s first all-in-one Ethereum-based hotel management service with Booking Engine and Property Management System(PMS). Smart contracts in Ethereum allow flexible inventory management and efficient booking transactions, with enhanced customer privacy and transaction security, thanks to blockchain. Staffing costs can be greatly reduced by integrating hotel management systems (Booking Engine, PMS and Channel Manager) on a shared ledger, while consolidating orders from official hotel portals, OTAs or other distribution channels.

OwlNest blockchain services also allow hotels to design customized pricing packages, identify returning customers, collect customer preferences and automatically adjust promotion campaigns by seasonality and customer behavior more easily.

OwlNest’s scalable design also enables hotels to earn more revenue by adding on-premise services, local experiences and other travel partners to an integrated dashboard, providing an one-stop shopping experience on their own portals (Booking Engine). OwlNest also supports multiple payment gateways such as credit card, PayPal, WeChat, Alipay, Apple Pay, Bitcoin and other blockchain-based payment services in the future. Hotels and hoteliers will be able to take full advantage of the online PMS and Booking Engine just like the Amazon Web Services (AWS) for small businesses, anytime, anywhere.

Taiwan as an Innovation Island for the Global Blockchain Industry
“OwlTing is an important strategic investment in our investment portfolio,” said Thomas Hu, founder and CEO of Kyber Capital. “Builidng a sustainable business model by solving real problems is the central issue facing the global blockchain industry. OwlTing has set a new commercial benchmark to which all aspiring blockchain entrepreneurs should be measured. We are proud to say that once again, our portfolio company has demonstrated the strength and potential of Taiwan in the field of blockchain.”

http://mrem.bernama.com/viewsm.php?idm=30636

VISTAJET PARTNERS WITH CHRISTIE'S FOR THE GLOBAL TOUR OF THE COLLECTION OF PEGGY AND DAVID ROCKEFELLER

The sale will be the most significant philanthropic auction ever presented


LONDON, Nov 23 (Bernama-GLOBE NEWSWIRE) -- VistaJet, the first and only global private aviation company, announces today its worldwide sponsorship of the exhibition and tour of The Collection of Peggy and David Rockefeller, the most significant auction entirely dedicated to raising funds for philanthropic causes. The sale, consisting of numerous categories, will be conducted by Christie's, the world's leading art business, and will include a highlights exhibition tour in Hong Kong, London, Los Angeles and New York.

http://mrem.bernama.com/viewsm.php?idm=30642

INTERNATIONAL ISLAMIC UNIVERSITY COLLEGE SELANGOR (KUIS) JOINED MINDAPPZ'S SUPREME INTERNATIONAL CONVENTION 2017

SHAH ALAM, Nov 23 (Bernama) -- International Islamic University College (KUIS) was involved in MindAppz Supreme International Convention held in Setia City Convention Centre last Saturday (4 November 2017). It was the very first International gathering for all MindAppz Marketing (M-Partners). The purpose was to let the merchants know their partners as they are the ones that will be marketing their products, services and courses on MindAppz platform.

Around 1 000 people joined this convention which was held in Ballroom 1, Setia City Convention Centre. Almost 500 pioneer M-partners from 25 countries joined this convention as well. It was a great event on expanding the business and entrepreneurial skills as well as gaining experiences from some of the top leaders in the profession.

MindAppz management team presented a one hour slot in this event. As one of the pioneer merchant of MindAppz platform, KUIS had been given a chance to deliver a testimonial speech at the Supreme International Convention Centre 2017. Apart from KUIS, Putra Intellect International College also delivered a testimonial speech.

Ms. Sahlawati, Marketing Officer from KUIS was invited to deliver a speech in front of 1 000 audiences. She shared her experience on how MindAppz benefit in leveraging and changing education cultures. Around 11 merchants were given the chance to set up the booth for the exhibition and KUIS was one of them. This event started at 10.30 am and ended at 8.00 pm. 

COMMERCIAL BANK OF CEYLON SELECTS INTEGRATED DIGITAL BANKING FROM FISERV TO ENABLE BUSINESS AGILITY, ENHANCE CUSTOMER ENGAGEMENT

Bank will be the first in Sri Lanka to offer integrated digital banking experience across smartphones, tablets and desktops

SINGAPORE & BROOKFIELD, Wis., Nov 22 (Bernama-BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Commercial Bank of Ceylon (COMBANK), Sri Lanka's most awarded bank, will replace its current digital platform with an integrated digital banking solution from Fiserv to speed the delivery of new capabilities that meet the needs of retail and corporate customers.

The bank will implement DigitalAccess from Fiserv, a readily deployable solution that provides a rich digital banking experience across smartphones, tablets and desktops, making it the first bank in its market to offer fully integrated digital banking capabilities.

http://mrem.bernama.com/viewsm.php?idm=30626

SIGNAVIO HELPS CHINA LIFE (OVERSEAS) REACH TOP THREE IN HONG KONG INSURANCE AWARDS

SIGNAVIO HELPS CHINA LIFE (OVERSEAS) REACH TOP THREE IN HONG KONG INSURANCE AWARDS

2017(18TH) HAINAN INTERNATIONAL TOURISM ISLAND CARNIVAL KICKS OFF

HAIKOU, China, Nov 21 (Bernama) -- Beautiful New Hainan, Happy Tourism Island. On the morning of November 18, Hainan International Tourism Island Carnival 2017 kicked off at Hainan International Convention and Exhibition Center. Guests and delegates from 15 countries and 22 Chinese provinces and cities and nearly 3000 audience witnessed and shared this happy moment. Sheng Xiaoming, Deputy Secretary of the CPC Hainan Provincial Committee and Governor of Hainan Province, declared that Hainan International Tourism Island Carnival 2017 kicks off and pushed rod with the guests at the Launching Ceremony.

Hainan International Tourism Island Carnival 2017 welcomed numerous guests from countries outside China, including Ireland, Romania, the Philippines, Croatia, Rwanda, Bulgaria, Malaysia and Italy.

He Xiqing, Vice Governor of Hainan Province made a speech, saying that tourism industry, as the leading industry of Hainan's modern service industry, showed its strength in driving benefit. Tourism industry's overall contribution rate to GDP, fixed investments, tax and employment approaches or exceeds 30%. The number of tourists and tourist income in Hainan maintained a double-digit increase for years. The number of tourists has increased by 10 million person-times per year since 2014. In 2016, Hainan received over 60 million tourists while the number reached 70 million this year. Hainan International Tourism Island Carnival has become a tourism festival with its own characteristics and a name card of tourism and culture with international influence by hosting and developing the 17 successive times of the Carnival. The Carnival this year is the largest one with the highest level and the most participants compared with all previous sessions.

During the Carnival, the whole province will hold opening ceremony for the Carnival, "Happy Hainan" Large Tourism Promotion Conference, China Leisure Tourism Promotion Alliance Establishing Conference and China Leisure Tourism Development Forum, Hainan World Leisure Tourism Expo,Hainan-Hong Kong-Macao Tourism Business Conference, Hainan International Bamboo Dance Invitational Tournament, Boao International Tourism Communication Forum, Dynamic Macao Business and Trade Fair, Special Theatrical Performance for Carnival, Blue International Electronic Music Festival and Hainan International Tourism Food Expo and other exhibition activities.The cities and counties of Hainan Province will also hold 118 festival activities altogether.

http://mrem.bernama.com/viewsm.php?idm=30614

NASDAQ TO DELIVER BLOCKCHAIN E-VOTING SOLUTION TO STRATE

NASDAQ TO DELIVER BLOCKCHAIN E-VOTING SOLUTION TO STRATE

ARYAKA TO PRESENT GLOBAL SD-WAN USE CASES AND ENTERPRISE DEPLOYMENT STORIES AT 6TH ANNUAL CIO LEADERS SINGAPORE SUMMIT

SINGAPORE, Nov 21 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, announced today it will be presenting global SD-WAN use cases and enterprise deployment stories at the 6th Annual CIO Leaders Summit in Singapore on November 21st. The summit is one of Singapore's largest and most respected gatherings of CIOs and IT executives in the Asia-Pacific region.

Feroz Zaveri, Vice President of Customer Success, Asia-Pacific, at Aryaka, will showcase the capabilities of a global SD-WAN solution with a built-in cloud-native private network and WAN Optimization during the presentation, Global SD-WAN Use Cases and Success Stories: Digital Transformation Must Include Network Transformation. Zaveri's presentation will cover the impact of digital transformation on the today's enterprise network, and how a global SD-WAN provides the ideal connectivity solution for fast and reliable application delivery. The use cases will focus on how enterprises around the world leverage global SD-WAN for their successful cloud/SaaS migrations, IoT deployments, move to UCaaS, and enterprise mobility initiatives.

http://mrem.bernama.com/viewsm.php?idm=30608

AFFORDABLE PRIVATE ADDICTION TREATMENT CENTER LAUNCHED IN KUALA LUMPUR

An Inside Look at Sanctuary Addiction Rehab

KUALA LUMPUR, Nov 22 (Bernama) -- Solace Sabah, Malaysia’s privately-run luxurious addiction rehabilitation centre in Sabah, has opened doors to a new center located at Petaling Jaya, Kuala Lumpur called Sanctuary. A community service project by Solace, it has been heavily subsidised to help enable more people to seek latest treatment for Addiction at an affordable cost.

Dr Prem Kumar Shanmugam, CEO & Clinical Director at the Solace, stated “Over the last 3 years we have been operating, we have received numerous enquiries where the cost of treatment was out of reach. This showed us that we needed to do develop an economical model which would enable people to receive a high quality of treatment at one third the cost we charge at Solace. This will give a larger subset of people the ability to seek treatment for themselves or their loved ones in Malaysia”.

The primary challenge in the region was most local insurance providers do not cover mental health related ailments, leaving people with no choice but to self-pay for treatment. “This is not the case in western countries and I hope in the future the insurance models are aligned to provide mental health benefits for the insured”, Dr Prem added.

Sanctuary is a 15-bed facility and was officially opened for admissions last week and the center already has over 5 patients in treatment. Dr Prem said that while the costs are lower, the quality of treatment remains the same between the centers. He said that the difference remains in the facilities and amenities provided, as they have been optimised for the cost and are not as luxurious as Solace at Sabah.

“Treatment should never be compromised, we have the same model and program that we use to run Solace running Sanctuary as well. Our clinical team continues to provide the best treatment modalities for all our patients” Dr Prem added.

The cost of treatment for a one month inpatient treatment at Sanctuary is roughly 10,000 MYR and it includes therapy by qualified addiction therapists, activities, assessments, treatment with Psychiatrists and Psychologists for underlying mental disorders, meals and accommodation at the Center. Solace Sabah can be contacted for more information and admissions.

Source : Solace Sabah Sdn Bhd

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Mithun Kumar      
Tel  : +60 12 8394686 / +60 88 27680

Email : mkumar@solacesabah.com

--BERNAMA

AMBANK TRANSFORMERS: "THE LAST KNIGHT CAMPAIGN" LUCKY AMBANK CUSTOMER WINS THE GRAND PRIZE

Dato' Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group (8th from left) along with Jade Lee, Managing Director, Retail Banking, AmBank (M) Berhad (5th from left), Anthony Chin, Deputy Managing Director, Retail Banking, AmBank (M) Berhad (6th from right) and Syed Anuar Syed Ali, Head, Group Corporate Communications and Marketing, AmBank Group (2nd from right) with the winners of AmBank - Transformers Spend and Deposit Campaign, Tommy Ho, Grand Prize Winner (7th from left), Tang Chui Lang, First Prize Winner (6th from left) and Lu Yuen Seah, Second Prize Winner (5th from right) at the prize giving ceremony

KUALA LUMPUR, Nov 21 (Bernama) -- Mr Thomas Ho from Cheras, Kuala Lumpur walked away with a brand new Mercedes-AMG A45 as the Grand Prize winner of the AmBank Transformers: The Last Knight Campaign. Mr Ho, a 26-year-old cost manager, received the prize at the prize presentation ceremony held in Kuala Lumpur on Friday, 17 November 2017.

Present at the prize giving ceremony were Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group, Jade Lee, Managing Director, Retail Banking, AmBank (M) Berhad, Anthony Chin, Deputy Managing Director, Retail Banking, AmBank (M) Berhad and Syed Anuar Syed Ali, Head, Group Corporate Communications & Marketing, AmBank Group.
                                                                                              
The AmBank-Transformers Spend and Deposit Campaign was introduced to reward all existing and new AmBank credit card, debit card and deposit customers. Every spent of RM50 in a single receipt via a debit or credit card entitled customers to 10 entries, while every new approved card and every incremental deposit of RM2,000 in Current or Savings account or Fixed deposit account earned them 50 entries. Customers were only required to register their interest to participate via a one-time SMS.

“AmBank is consistently creating new avenues in demonstrating our appreciation to our valued customers. We believe in rewarding our valued customers and we are delighted to share this joyous occasion with all of our winners for their continuous support towards AmBank. Our heartiest congratulations to everyone and a big gratitude to all our customers for their overwhelming response during the AmBank’s Transformers: The Last Knight Campaign,” said Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group.

The first prize winner was presented to Ms Tang Chui Lang, who won a five-day and four-night VIP tour for four persons to Los Angeles’ Paramount Studios which includes an iconic ‘Bumblebee’ driving experience, while the second prize of a four-night theme park experience for four persons in Osaka, Japan won by Ms Lu Yuen Seah.

“I am very excited with this win and it was an unbelievable experience when I was informed by AmBank that I had won a brand new Mercedes-AMG A45,” said a very contented Thomas Ho. 

An excited Ms Tang who won the first prize said,’ I didn’t believe that I won until I actually came here to receive the prize and we are planning to travel to Los Angeles in March 2018. I will definitely continue to bank with AmBank”.

“I am very happy to win this prize from AmBank, a trip for four persons to Osaka, Japan. I have been using AmBank services for more than 15 years”, said a visibly excited Ms Lu Yuen Seah, the second prize winner.

Weekly prizes worth of RM100 as well as Daily prizes of a pair of movie tickets were also presented to the winners throughout the campaign period which ran from 15 May till 31 August 2017. The winners were selected based on an automated randomisation system where shortlisted customers who successfully answered simple questions were accorded with the prizes.

About AmBank Group

AMMB Holdings Berhad is the holding company of AmBank Group and has been listed on the Main Market of Bursa Malaysia since 1988. It is the sixth largest banking group by assets in Malaysia, with a market capitalisation of around RM14 billion and assets of RM134.8 billion at 31 March 2017.

AmBank Group is one of Malaysia’s premier financial solutions groups with 42 years of experience in supporting Malaysians in their economic development. AmBank Group offers a wide range of both conventional and Islamic financial solutions and services, including wholesale banking, retail banking, investment banking, underwriting of general insurance, life assurance and takaful, stock and share broking, futures broking, investment advisory and management services in assets, real estate investment trust and unit trusts.

The Group’s purpose to help individuals and businesses in Malaysia grow and win together shows our renewed vision to support and empower our customers and our people to achieve their aspirations. This purpose underpins the Group’s holistic “Top Four” Aspiration, focused on sustenance, improvement and growth in key segments and products as well as our role as an Employer. AmBank Group – a modern Malaysian diversified financial solutions partner that understands and meets the diverse needs of modern Malaysians.

AmBank’s Digital Journey is about making banking an easy, simple and fast experience for its valued customers across all touch points; branches, telephone, machines, online, mobile or even right in their lifestyle-ecosystem wherever and whenever they need to perform a banking transaction. The Group is now accelerating the next phase of its digital capabilities with a Group-Wide digital roadmap that focuses on integrating its services into the daily lives of its customers in an innovative and practical manner. In its latest offering. AmBank is the pioneer bank to introduce Malaysia’s first Digital Auto Finance Instant Approval service, through the Mobile Application Terminal (MAT).

The Australia and New Zealand Banking Group (ANZ) is the most substantial shareholder in the AmBank Group (holding 23.8%) and provides support in Board and senior management representations, risk and financial governance, products offering and new business developments. In the general insurance business, the Group has partnered with Insurance Australia Group Ltd (IAG). In the life assurance and family takaful businesses, the Group has a partnership with MetLife International Holdings Inc (MetLife). The Group benefits in terms of expertise transfer from IAG and MetLife.

For more information, please visit www.ambankgroup.com

SOURCE: AmBank Group

FOR MORE INFORMATION PLEASE CONTACT:
Name : Syed Anuar Syed Ali
Head, Group Corporate Communications and Marketing
AmBank Group
Tel : 03-2036 1703
Email : sasa@ambankgroup.com 

--BERNAMA

TELSTRA AND SIGMA SYSTEMS TO PRESENT CATALOG-DRIVEN DYNAMIC OFFER CREATION AT TM FORUM LIVE! ASIA

TORONTO, Nov 21 (Bernama-BUSINESS WIRE) -- Sigma Systems, the global leader in catalog-driven software, announced today that it will be presenting at TM Forum Live! Asia in partnership with Telstra, Australia’s leading telecommunications and technology company.
 
Sigma’s Chief Technology Officer (CTO), Catherine Michel, will be on stage with Telstra's Chief Technology Officer (Customer), Dr. Fawad Nazir, to discuss why traditional service providers must adopt a “digital native” mindset and the corresponding operational agility to thrive in a digital economy. The ability to create and launch new offers in minutes, rather than months, and rapidly enable new business models is critical to an operator’s success.
 
“Sigma Catalog creates the ability to sell through and then orchestrate the fulfillment of an order from different channels into the full B/OSS stack and across various delivery networks. The product’s Offer Canvas capability allows businesses to ‘componentize’ whatever types of service capability it offers into entities that are immediately operational in their systems and networks,” says Catherine Michel, Sigma Systems CTO.

http://mrem.bernama.com/viewsm.php?idm=30615

FUSIONEX INKS DEAL WITH LEADING RIDE-HAILING COMPANY

Fusionex powering marketing intelligence and insights for leading ride-hailing company with Big Data Analytics

KUALA LUMPUR, Malaysia, Nov 20 (Bernama-BUSINESS WIRE) -- Fusionex, a multi award-winning, leading data technology company specializing in Big Data Analytics, Artificial Intelligence and Deep Learning, has won a contract to provide a leading international ride-hailing company with a solution to ramp up their marketing intelligence, as well as provide insights and recommendations into the effectiveness of their efforts.

The client has and continues to tackle transportation challenges across multiple countries and provides commuting solutions to drivers and passengers. Their mobile app has millions of downloads, as well as millions of drivers recorded on their network.

Gathering all of the client’s information into one data pool has become highly imperative. Tracking their marketing activities in the past has also been challenging due to the scattered nature of the data which continues to increase and multiply as more people adopt and frequent their app. Operating across numerous locations, the client’s data is also stored in different formats and needs to be cleansed for proper analysis to be conducted.

Fusionex will provide data management and analytics capabilities for the client through their latest Big Data Analytics solution Fusionex GIANT 2017. Via GIANT, details such as budget and expenditure data can be consolidated. Within a central repository, the compiled data can easily be accessed without overt delay or latency.

The provision of a centralized data platform will allow the client to easily track marketing expenditure while maintaining a high level of security and control on their proprietary intelligence. Analyzing their data will allow the client to evaluate the effectiveness of marketing campaigns and promotional efforts. The client will be able to focus on their return on investments and identify the areas (e.g. media channels, promotional activities or events) to focus their spending on, and whether the returns commensurate with their expenditure etc.

Fusionex is also collaborating with the client to analyze market sentiments about their organization and ride-hailing app. The collaborative roadmap will also see more types of data - such as sales, booking, and cancellation data - being captured along the road of this initiative, in order for the client to be better informed, providing them with the information to make better, more insightful, business decisions in the long run. The data platform is also powered by Natural Language Processing (NLP), allowing even non-technical personnel to perform data analysis simply by asking questions.

http://mrem.bernama.com/viewsm.php?idm=30596

OCTAPHARMA DONATES 30.5 MILLION INTERNATIONAL UNITS OF ITS MEDICINE NUWIQ TO TREAT PEOPLE WITH HAEMOPHILIA IN DEVELOPING COUNTRIES

LACHEN, Switzerland, Nov 21 (Bernama-BUSINESS WIRE) -- 2017: Octapharma is pleased to announce the completion of a charitable donation of 30.5 million international units of its human cell-line derived recombinant factor VIII product, Nuwiq^®, in collaboration with Project SHARE, North Andover, Massachusetts (USA).
 
This press release features multimedia. View the full release here: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51718944&lang=en      
 
Up to 75% of the world's estimated 400,000 people with haemophilia have little or no access to treatment that resolves life- and limb-threatening bleeds, and enables surgery and rehabilitation. A humanitarian program, Project SHARE facilitates the donation of blood-clotting factor products for the treatment of people with haemophilia in need of factor replacement therapy in countries where these medicines are scarce or still unavailable.

http://mrem.bernama.com/viewsm.php?idm=30612

CHINA'S TOP UNIVERSITY UNLEASHES INNOVATION VITALITY BY GOING INTERNATIONAL

HANGZHOU, China, Nov. 20, 2017 /Xinhua-AsiaNet/--

On October 21, 2017, Zhejiang University International Campus was officially open. About one year ago, Professor Philip T. Krein, a fellow of the American Academy of Engineering, came to Zhejiang University (ZJU) in China. In this university with the reputation as the "Oriental Cambridge", he got a new title as the full-time dean of the Zhejiang University / University of Illinois at Urbana-Champaign Institute (the ZJU-UIUC Institute).

The joint institute was established at ZJU's Haining International Campus. As a new model of transnational education, the institute will provide a world-class engineering education by introducing top curricula and resources from UIUC, complemented with equally significant contributions from ZJU. Located in the Hangzhou Bay, a core area of the Yangtze River Delta region, the International Campus covers a land area of approximately 80 hectares, which also hosts the ZJU-Imperial Joint Lab for Applied Data Science and the ZJU-UoE (University of Edinburgh) Institute, etc. With ambitious planning of the Chinese government to build up the Hangzhou Bay area into an engine for economic innovation, or a Chinese version of San Francisco Bay Area, intense amount of attention has been drawn to this new ZJU campus.

http://mrem.bernama.com/viewsm.php?idm=30603

MADISON REALTY CAPITAL PROVIDES $64.0 MILLION CONSTRUCTION FINANCING FOR 200 KENT AVENUE DEVELOPMENT IN WILLIAMSBURG, BROOKLYN

Experienced Local Developer Taps MRC for Construction Loan on Grocery-Anchored Mixed-Use Project Located on Full Block Site in One of New York’s Most Exciting Neighborhoods

NEW YORK, Nov 20 (Bernama-BUSINESS WIRE) -- Madison Realty Capital (MRC) announced the closing of a $64.0 million construction loan for 200 Kent Avenue, a 117,326 square foot mixed-use development located in Williamsburg, Brooklyn. The retail portion of the property, which will include over 600 feet of frontage, will be anchored by a popular national grocery chain. Overall, the project will offer 50,101 square feet of retail space, 22,055 square feet of office and restaurant space, and 45,170 square feet of parking.

http://mrem.bernama.com/viewsm.php?idm=30600

CANCER PATIENTS, SURVIVORS, SUPPORTERS AND CAREGIVERS UNDERTAKE UAE'S FIRST RELAY FOR LIFE

Organised by Friends of Cancer Patients

More than 2,000 ‘relayers’ take part in inaugural event held in United Arab Emirate

SHARJAH, United Arab Emirates, Nov 20 (Bernama-BUSINESS WIRE) -- Sharjah, the third largest of the United Arab Emirate’s seven emirates, was the host for the MENA region’s first ever ‘Global Relay for Life,’ (RFL) a 24-hour walkathon that is the biggest fundraising event for cancer in the world. Conducted in conjunction with the American Cancer Society, the event was organised by Friends of Cancer Patients (FoCP), a non-profit organisation that supports cancer patients and their families.

http://mrem.bernama.com/viewsm.php?idm=30599

KAMORI KANKO AND NISADE PARTNERSHIP LAUNCHES GROUNDBREAKING HOKKAIDO DEVELOPMENT THE VALE RUSUTSU

RUSUTSU, Japan, Nov. 20/Medianet International-AsiaNet/--

Kamori Kanko, Hokkaido's leading private tourism company and once the USA's largest ski resort operator, has partnered with award-winning developers Niseko Alpine Developments [NISADE] of The Vale Niseko fame for the strategic development of flagship Rusutsu Resort.

The first phase of development is valued at circa USD 200 million and includes luxury hotel The Vale Rusutsu and a bespoke onsen and spa facility. Additional phases scheduled for release in 2018 will include new retail and entertainment developments and further hotel facilities, estimated at circa USD 500 million.

http://mrem.bernama.com/viewsm.php?idm=30598

NEURALSTEM ANNOUNCES PRESENTATION OF CLINICAL DATA FOR NSI-189 IN MAJOR DEPRESSIVE DISORDER AT THE UPCOMING AMERICAN COLLEGE OF NEUROPSYCHOPHARMACOLOGY ANNUAL MEETING

GERMANTOWN, Md., Nov 17 (Bernama-GLOBE NEWSWIRE) -- Neuralstem, Inc. (Nasdaq:CUR), a biopharmaceutical company developing novel treatments for nervous system diseases, today announced that data from the Company’s Phase 2 study of NSI-189 in patients with major depressive disorder will be presented at the 56^th American College of Neuropsychopharmacology (ACNP) Annual Meeting, which is being held in Palm Springs, California from December 3-7, 2017.

Poster presentation details are as follows:

Title: A Phase 2, Double-Blind, Placebo-Controlled Study of NSI-189 Phosphate, a Neurogenic Compound Among Out-Patients with Major Depressive Disorder
Abstract Number: M79
Session Title: Poster Session I
Presenter: George Papakostas, M.D., Massachusetts General Hospital
Date and Time: Monday, December 4, 2017, 5:30 PM – 7:30 PM PT

About Neuralstem
Neuralstem is a clinical-stage biopharmaceutical company developing novel treatments for nervous system diseases of high unmet medical need. NSI-189 is a small molecule in clinical development for major depressive disorder (MDD) and in preclinical development for Angelman syndrome, irradiation-induced cognitive impairment, Type 1 and Type 2 diabetes, and stroke.

NSI-566 is a stem cell therapy being tested for treatment of paralysis in stroke, chronic spinal cord injury (cSCI) and Amyotrophic Lateral Sclerosis (ALS). Neuralstem’s diversified portfolio of product candidates is based on its proprietary neural stem cell technology.

Cautionary Statement Regarding Forward Looking Information
This news release contains “forward-looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to future, not past, events and may often be identified by words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Specific risks and uncertainties that could cause our actual results to differ materially from those expressed in our forward-looking statements include risks inherent in the development and commercialization of potential products, uncertainty of clinical trial results or regulatory approvals or clearances, need for future capital, dependence upon collaborators and maintenance of our intellectual property rights. Actual results may differ materially from the results anticipated in these forward-looking statements. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in Neuralstem’s periodic reports, including the Annual Report on Form 10-K for the year ended December 31, 2016, and Form 10-Q for the three and nine months ended September 30, 2017, filed with the Securities and Exchange Commission (SEC), and in other reports filed with the SEC. We do not assume any obligation to update any forward-looking statements.

Contact:

Kimberly Minarovich
Argot Partners (Investor Relations)
212-600-1902
kimberly@argotpartners.com

Source : Neuralstem, Inc.

--BERNAMA