SIMEX (OTC: ARGB) ANNOUNCES THE BEGINNING OF THE PUBLIC OFFERING

American Retail Group Inc. (aka Simex Inc.) the public corporation organized in the State of Nevada, USA

LAS VEGAS, Aug 23 (Bernama-GLOBE NEWSWIRE) -- SIMEX Inc. announces the beginning of the public offering of its convertible preferred shares in the amount of 10 million shares at the price of 20 USD per share. Shares offering is officially registered in accordance to SEC requirements. The raised funds will be used towards increasing the liquidity of the cryptocurrency and digital assets exchange platform which is also developing  the technology of trading in "one account" mode, marketing and further development of the platform.

The feature of this offering is that the sale of shares could be made for cryptocurrencies such as BTC, ETH, Litecoin, Dash, EOS.

Purchase could be made through the smart-contract by purchasing of SMX tokens, the tokens are convertible to SIMEX's preferred shares in the ratio of 20 tokens per 1 preferred share.

All investors can have the SEC qualified custodian and escrow services provided by Prime Trust.

SMX Token allows you to reduce the commissions when trading on the SIMEX Exchange depending on the balance of the user's account up to 0%.  SMX token also gives the right to have discounts purchasing any products and services within the platform.

The Board of Directors decided to pay 40% of the corporation profit annually on these preferred shares until the common share price reaches 40 USD on the stock market. After that the corporation has a right to force to convert  preferred shares into common shares at the ratio of 1:1.

This offer will last until March 1st, 2019 or until the shares are fully sold out.

The detailed description and information about this offer can be found on the website of the corporation at https://simex.global in the SMX TOKEN SALE section.

Contact information:
Email: info@simex.global
Headquarters: 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109

Source : Simex Inc

--BERNAMA

Celebrate Merdeka together at KLCC

KUALA LUMPUR, Aug 27 (Bernama) – KLCC (Holdings) Sdn Bhd has scheduled a concert and fireworks display at the Esplanade, KLCC Park on Aug 31 to mark Malaysia’s 61st Merdeka.

The concert will kick off at 9pm and feature a large lineup of entertainers like Datuk Aznil Nawawi, Francissca Peter, Ruffedge, Altimet and Reshmonu.

A pyrotechnics show before midnight will cap off the night, a statement from the company said.

The celebration aims to unite Malaysians of different ethnicities and cultures in sharing their love for the country. The theme of National Day this year is Sayangi Malaysiaku (Love My Malaysia).

-- BERNAMA

VistaJet offers exclusive Michelin Stars Cantonese dining experience

KUALA LUMPUR, Aug 23 (Bernama) -- VistaJet is inviting Michelin award winning Hong Kong restaurant to re-invent its menu for passengers during the Chinese Mid-Autumn festival.

VistaJet Ltd with Duddell’s will add on-board Michelin stars cantonese dining experience with exclusive in-flight menu and limited-edition mooncakes to celebrate the upcoming festival.

President of Asia at VistaJet, Leona Qi said the idea behind the campaign starts with their shared passion for curating one-of-a-kind discovery experiences.

Both VistaJet and Duddell’s match welcoming attitude and a passion for art, to create the perfect surrounding to share good food and holiday celebration, a statement said.

The exquisite food is not limited to the air - guests will be able to enjoy the VistaJet menu in September at Duddell’s restaurants in both Hong Kong and London, which offer classic Cantonese favorites in a refined and artistic setting.

Duddell’s coveted cream custard mooncakes will also be made available outside of their Hong Kong restaurant for the first time. The delicacies will come in a limited-edition gift box and bag featuring artwork by celebrated Hong Kong-based painter, Chu Hing Wah.

The exclusive festive offering is dedicated to all VistaJet members’ appreciating fine dining experiences and looking for suggestive ways to celebrate the holiday with seasonal menu for flights departing from Hong Kong.

The menu is comprised of double-boiled black chicken soup with qi zi herbs and fish maw -- a rich and nutritious dish brimming with collagen from the fish maw -- and the Cantonese delicacy braised whole African abalone five heads with shiitake mushroom.

Meanwhile, Duddell’s London will also present its own menu for flights departing from the city including European favorites and regional variations.

VistaJet is the first and only global aviation company. It has flown corporations, governments and private clients to 187 countries, covering 96 per cent of the world. More information at https://www.vistajet.com.

-- BERNAMA  

EASTSPRING INVESTMENTS DECLARES YIELD FOR TARGET INCOME FUND 6

KUALA LUMPUR, Aug 24 (Bernama) – Eastspring Investments Bhd has announced a gross income distribution of 0.0206 sen per unit, or a dividend yield of 2.00 per cent, for the Eastspring Investments Target Income Fund 6 for the financial year-ended May 31, 2018.

Unit holders who have maintained their holdings in the fund as at Aug 23, 2018, will be entitled for the income distribution, the asset management company said in a statement on 24 August 2018.

The five-year closed-ended bond fund is the sixth in a series of target income funds.

"This distribution was consistent with the Fund’s objective which endeavours to provide regular income during the tenure of the Fund.

"Income declared will be paid out either by way of e-payment according to unit holders’ instructions in the account opening form, or by cheque," said Eastspring.

It also added that after months of weakness, risk appetite for Asian credit rebounded in July, with marked credit spread narrowing accompanied by a reversal of the prior trend of investor outflows from emerging market assets.

-- BERNAMA

KOFAX NAMED A LEADER IN ARAGON RESEARCH TECH SPECTRUM™ FOR WORKFLOW AND CONTENT AUTOMATION, 2018

Evaluation Based on Completeness of Strategy and Performance

IRVINE, Calif., Aug 23 (Bernama-GLOBE NEWSWIRE) -- Kofax®, a leading supplier of software to automate and digitally transform information intensive processes, today announced Aragon Research has named Kofax a Leader in the Aragon Research Tech Spectrum™ for Workflow and Content Automation, 20181. The new report recognizes and evaluates technology vendors Aragon views as key to enabling enterprises to accelerate and digitize document processes and transactions.

According to Aragon, Workflow and Content Automation (WCA) is a new category of content that focuses on automating document processes and transactions. WCA represents a shift in the market, away from human creation of documents and toward machine creation and routing.

In the report, Aragon identifies Kofax as “an ideal choice for WCA initiatives, in part due to complex workflows associated with mission-critical document processes.” Kofax is also noted for being “strategically focused on processes that link key customer engagement experiences with backend processes to provide end-to-end visibility, efficiency, and faster customer fulfillment.”

The Aragon Research Tech Spectrum analyzes vendors participating in both emerging and mature markets. A rigorous analysis of each vendor using a focused set of criteria helps enterprise planners understand and navigate the market of technology provider options. The Aragon Research Tech Spectrum for Workflow and Content Automation is segmented into three sectors (Leaders, Contenders and Promising), representing high and low on both product/service performance and strategy dimensions.

“Aragon’s research forecasts the WCA market will grow from $1 billion in 2017 to $6 billion by 2023. We believe Kofax’s positioning as a Leader reflects the strength of its broad product portfolio,” said Reynolds C. Bish, Chief Executive Officer of Kofax. “We’re well positioned to take advantage of this opportunity and pleased to be recognized as a leader during a truly evolutionary period in the marketplace.”

About Kofax
Kofax is a leading supplier of software and solutions to automate and digitally transform human and information intensive processes across front and back office operations. These can dramatically improve customer engagement, greatly reduce operating costs, mitigate compliance risk and increase competitiveness, growth and profitability. Its broad range of software and solutions can be deployed in the cloud or on premise, and include robotic process automation, business process management, multichannel capture and other critically important capabilities. These provide a rapid return on investment to over 20,000 Kofax customers in financial services, insurance, government, healthcare, supply chain, business process outsourcing and other markets. Kofax delivers its software and solutions through its direct sales and services organization and more than 650 indirect channel partners in more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit kofax.com.

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WORKDAY NAMED A LEADER IN GARTNER MAGIC QUADRANT FOR CLOUD HCM SUITES FOR MIDMARKET AND LARGE ENTERPRISES

Positioned as a Leader for Third Year in a Row, Achieved Highest Overall Position for Ability to Execute

PLEASANTON, Calif., Aug 23 (Bernama-GLOBE NEWSWIRE) -- Workday, Inc. (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises1. Workday was acknowledged as a Leader for the third year in a row and positioned the highest for overall ability to execute.

Organizations increasingly rely on Workday Human Capital Management (HCM) to help drive employee productivity and engagement, uncover richer workforce insights, and keep pace with evolving business needs. With more than 70 percent of its 2,200-plus customers live and a customer satisfaction rating of 98 percent, Workday continues to deliver the vision and innovation global organizations need to stay competitive, with new developments that enable:

- Greater Openness and Extensibility to Run Their Unique Businesses: Workday continues to create broader levels of openness for customers by extending Workday into other environments and applications. With the Workday Cloud Platform, early adopters are currently building and deploying applications, paving the way for other customers and partners to leverage APIs and Workday tools in the future. And through a partnership with Slack, Workday is helping people further connect and collaborate more intuitively in their natural workspaces.

- More Intelligent Technologies to Create a Seamless Experience for Employees: Workday is creating more intelligent tools to simplify tasks and improve the overall employee experience. This includes development of a conversational interface—Workday Assistant—using natural language processing capabilities to provide real-time information, recommendations, and best practices to workers all while they are working on their daily business content and transactions. Workday will also deliver a new people experience to enable a more connected, personalized, and engaging digital experience. In Workday Learning, forthcoming machine learning-driven media transcription enhancements will improve accessibility, comprehension, and video search for users.

- Increased Global Capabilities to Drive Expansion: The Workday customer community—representing more than 31 million workers worldwide—continues to realize business value using Workday applications across more than 200 countries and in more than 30 languages. As its customer community and worldwide presence grows, Workday continues to advance its global capabilities through initiatives such as the Workday Global Payroll Cloud program, where customers can select the right local payroll providers for their needs while reducing the costs and time associated with deploying, integrating, and managing third-party payroll solutions. Workday currently has 20 global payroll partners that provide certified integrations covering more than 127 countries.

“We believe that Gartner’s positioning of Workday as a cloud HCM Leader for the third consecutive year demonstrates the level of innovation and support that we provide to customers around the world—proven by our 98 percent customer satisfaction rating,” said Cristina Goldt, vice president, HCM products, Workday. “Some of the largest organizations globally—including Fortune 50 and Fortune 500 companies—use Workday due to our longstanding ability for getting customers live and realizing value quickly. We look forward to continuing to partner with our customers to deliver the technology and experiences that exceed their expectations, while helping to further business growth and success.”

http://mrem.bernama.com/viewsm.php?idm=32533

Credit ratings of Singapore´s EQ Insurance Company Ltd affirmed by A.M. Best

KUALA LUMPUR, Aug 23 (Bernama) -- A.M. Best has affirmed the financial strength rating of B++ (good) and the long-term Issuer credit rating of ‘bbb+’ of EQ Insurance Company Ltd (EQI) Singapore. The outlook of these ratings is stable.

The ratings reflect EQI’s balance sheet strength which A.M. Best categorised as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management, a statement said.

The company’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR) is supported by low underwriting leverage and capital injections received from its parent company -- Citystate Capital Asia Pte Ltd.

Offsetting rating factors include EQI’s limited business profile and elevated combined ratio, which remains above industry peers. As a small player in the highly competitive Singapore market, the company is undertaking various initiatives to establish a profitable niche.

Positive rating actions are unlikely in the near term while negative rating actions may occur from a deterioration in operating performance or business profile.

A.M. Best is a global rating agency and information provider with a unique focus on the insurance industry. More details at www.ambest.com.

-- BERNAMA

​THE IASLC 19TH WORLD CONFERENCE ON LUNG CANCER ARRIVES IN TORONTO, CANADA

DENVER, Aug 23 (Bernama-GLOBE NEWSWIRE) --

What: The International Association for the Study of Lung Cancer (IASLC) presents the IASLC 19^th World Conference on Lung Cancer (WCLC) on September 23-26, 2018, in Toronto, Canada. The WCLC is the world’s largest meeting dedicated solely to lung cancer and other thoracic malignancies, and is expected to convene over 7,000 researchers, physicians, specialists, patients, advocates and industry members from around the world.

The WCLC’s scientific program features a line-up of global leaders in the field. Presentations focus on cutting-edge science, including the latest breakthroughs in targeted therapies and immunotherapies; advances in screening, early detection and staging; prevention and smoking cessation efforts; patient advocacy initiatives; and much more. Collaboration across disciplines and borders is a meeting highlight. The WCLC’s scientific program is available to review online.

When and Where: September 23-26, 2018, Metro Toronto Convention Centre North Building, 255 Front Street West, Toronto, Ontario, M5V 2W6, Canada

Who:  Surgeons, medical oncologists, radiation oncologists, pulmonologists, radiologists, pathologists, epidemiologists, basic research scientists, nurses, allied health professionals, advocates, industry representatives and media partners will gather to share findings and to further progress.

More information: Visit the conference’s official website for more information or to register.

About the WCLC:
The World Conference on Lung Cancer (WCLC) is the world’s largest meeting dedicated solely to lung cancer and other thoracic malignancies, attracting over 7,000 researchers, physicians and specialists from more than 100 countries. The conference will cover a wide range of disciplines and unveil research studies and clinical trial results. For more information, visit http://wclc2018.iaslc.org/. Follow the conference on social media with: #WCLC2018.

About the IASLC:
The International Association for the Study of Lung Cancer (IASLC) is the only global organization dedicated solely to the study of lung cancer and other thoracic malignancies. Founded in 1974, the association's membership includes more than 7,500 lung cancer specialists across all disciplines in over 100 countries, forming a global network working together to conquer lung and thoracic cancers worldwide. The association also publishes the Journal of Thoracic Oncology, the primary educational and informational publication for topics relevant to the prevention, detection, diagnosis and treatment of all thoracic malignancies. Visit www.iaslc.orgfor more information. You can also follow the IASLC on Twitter, Facebook, LinkedInand Instagram.

Contact: Becky Bunn, MSc
IASLC Public Relations Manager
Becky.Bunn@iaslc.org  | 720-325-2946  

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/5f8c0583-657a-48a2-9d8b-0b3bd7897a6c

Source : IASLC

--BERNAMA

KASHA CACY APPOINTED GLOBAL CEO OF ENGINE

NEW YORK, Aug 23 (Bernama-GLOBE NEWSWIRE) -- Data-driven marketing solutions company Engine today announced the appointment of Kasha Cacy as the company’s global chief executive officer, a new position. Effective Sept. 4, Cacy will oversee Engine’s 17 offices across North America, the UK, Europe and Asia-Pacific, leading the company’s marketing solutions offering, from insights and content to distribution and technology.

Cacy joins Engine from UM, the full-service marketing and media agency network of IPG Mediabrands, where she served as U.S. CEO. She will be based out of Engine’s headquarters in New York, and will report to Engine Executive Chairman Paul Caine.

http://mrem.bernama.com/viewsm.php?idm=32521

BIOCELL COLLAGEN® OFFERS SCIENTIFIC SESSION AT VITAFOODS SINGAPORE

SEESTERMAN, Germany, Aug 21 (Bernama-BUSINESS WIRE) -- Asia’s collagen market is booming but consumers in the region are increasingly demanding quality and scientific substantiation. This will be the key message from category leaders BioCell Technology International GmbH at Vitafoods Asia (September 11-12 in Singapore).

Collagen is long established as an ingredient in Asia’s beauty from within market, and its benefits for joint health add to its appeal for the region’s consumers, for whom healthy aging is an increasingly important goal.

http://mrem.bernama.com/viewsm.php?idm=32514

Sonos to report fiscal third quarter financial results in September

KUALA LUMPUR, Aug 21 (Bernama) -- Sonos Inc (Sonos) -- the leading multi-room wireless smart home sound system -- will report its financial results for the fiscal third quarter ended June 30, 2018 after market close on September 10, 2018.

It will be reported in a letter to shareholders, which will be made available on the investor relations section of its website. The company will host a conference call and Q&A to discuss the results on the same day at 5:00 p.m. US Eastern Time, a statement said.

A live webcast and replay of the conference call and Q&A will be accessible at https://investors.sonos.com/news-and-events/default.aspx and the replay will be available for at least one year following completion of the call.

The conference call may also be accessed by dialing (866) 393-4306, with conference ID 6098946 while participants outside the U.S. can dial toll-free (734) 385-2616.

Sonos is headquartered in Santa Barbara, California. More information at www.sonos.com.

-- BERNAMA

A.M. BEST DOWNGRADES CREDIT RATINGS OF NATIONAL INSURANCE COMPANY LIMITED; PLACES UNDER REVIEW WITH NEGATIVE IMPLICATIONS

SINGAPORE, Aug 20 (Bernama-BUSINESS WIRE) -- A.M. Best has downgraded the Financial Strength Rating (FSR) to C (Marginal) from B (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “b” from “bbb” of National Insurance Company Limited (National) (India). Additionally, A.M. Best has placed these Credit Ratings (ratings) under review with negative implications.

The ratings reflect National’s diminished balance sheet strength, which A.M. Best categorizes as adequate, as well as its marginal operating performance, neutral business profile and weak enterprise risk management (ERM).

http://mrem.bernama.com/viewsm.php?idm=32504

HOT SPOT OF THE FUTURE, THE HUB SS2

KUALA LUMPUR, Aug 21 (Bernama) — The Hub SS2, a commercial development in Petaling Jaya by Selangor Dredging Bhd (SDB), was recently completed and handed over to purchasers.

In a statement, SDB said: “The Hub SS2 has been designed for people who pride themselves on being different from the rest.”

It is a mixed commercial development comprising 13 low-rise, two-and-a-half storey shop offices and 276 signature suites set in a central 44-storey tower. Facilities include a gym, swimming pool, lush landscaping with artwork and sculptures, advanced security features and fibre optic connectivity. 

It is on the newly-opened Jalan Harapan which links SS2 to the SPRINT Expressway near 3 Damansara (formerly Tropicana Mall).

SDB bills this new development as next-generation versatile signature suites and offices that inspire a quality work-life balance, offering an atmosphere conducive for thinking, working and connection. Very limited units are still available for purchase

-- BERNAMA

WILLIS LEASE FINANCE COMMITS TO OFFERING OF $373.4 MILLION IN FIXED RATE NOTES

NOVATO, Calif., Aug 17 (Bernama-GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis”), a leading lessor of commercial jet engines, announced today that its wholly-owned subsidiary Willis Engine Structured Trust IV (“WEST IV”), has priced $373.4 million in aggregate principal amount of fixed rate notes (the “Notes”). As previously announced, the Notes will be issued in two series, with the Series A Notes to be issued in an aggregate principal amount of $326.8 million and the Series B Notes in an aggregate principal amount of $46.7 million. The Notes will be secured by, among other things, WEST IV’s direct and indirect interests in a portfolio of 55 aircraft engines and one airframe. The planned closing date is August 22, 2018.

The Series A Notes will have a fixed coupon of 4.750%, an expected maturity of approximately eight years, an expected weighted average life (based on certain modeling assumptions) of 6.3 years and a final maturity of 25 years and Series B Notes will have a fixed coupon of 5.438%, an expected maturity of approximately eight years, an expected weighted average life (based on certain modeling assumptions) of 6.3 years and a final maturity of 25 years. The Series A Notes will be issued at a price of 99.99504% of par and the Series B Notes will be issued at a price of 99.99853% of par.

http://mrem.bernama.com/viewsm.php?idm=32494

OVER 5,000 STUDENTS JOIN ACCOUNTING QUIZ

KUALA LUMPUR, Aug 17 (Bernama) – The recent MIA-Sunway TES Accounting Quiz 2018 (AQ) attracted more than 5,400 students from 500 schools throughout Malaysia.

At the grand finals on Aug 11, Team KOK from Sekolah Menengah Kebangsaan USJ 13, Selangor emerged as the champion in the group category, while Chin Joe Yee from Sekolah Menengah Kebangsaan Malim Nawar, Perak was crowned champion in the individual category, a statement from the Malaysian Institute of Accountants (MIA) read.

The AQ holds the distinction of being the first online accounting competition in Malaysia gradually incorporating more elements of technology. This is the sixth consecutive year MIA is organising the quiz with Sunway TES.

The AQ is recognised by the Ministry of Education (MOE) as one of its co-curricular activities and is open to Form 4 and Form 5 students from secondary schools under MOE, secondary schools under the purview of other government agencies and private secondary schools.

AQ guest of honour, MOE co-curricular & arts division principal assistant director, Mohd Rashid Mean, said, “This is a good initiative inline with Industry 4.0 where technology is changing the way the world works and lives.”

MIA chief executive officer, Dr Nurmazilah Mahzan, said in her speech before the potential accountants, that although the basic accountancy principles and concepts they are learning today will continue to be valid in the future, the way accountants work will begin to be extremely different.

“Tools like artificial intelligence and machine learning, blockchain, cloud and data analytics, will remove the boring parts of work. You will be doing work that requires judgement, thinking skills and integrity, as well as communications skills,” she said.

MIA is hopeful that the AQ will be a starting point that inspires many young talents to pursue a career in accountancy because the nation will require 60,000 accountants by 2030. 

-- BERNAMA

NEURALSTEM PROVIDES BUSINESS UPDATE AND REPORTS SECOND QUARTER 2018 FISCAL RESULTS

- Phase 2 clinical trial initiated to further evaluate NSI-566 as treatment for ischemic stroke -
- NSI-189 Granted Orphan Drug Designation for the Treatment of Angelman Syndrome -
- Jim Scully appointed interim chief executive officer -

GERMANTOWN, Md., Aug 16 (Bernama-GLOBE NEWSWIRE) -- Neuralstem, Inc. (Nasdaq:CUR), a biopharmaceutical company focused on the development of nervous system therapies based on its neural stem cell and small molecule compound technologies, provides a business update and reported its financial results for the second quarter ended June 30, 2018.

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PETRONAS, SABAH LANDS AND SURVEYS DEPARTMENT AND KERAJAAN NEGERI SEMBILAN RECEIVE GLOBAL INNOVATION AWARD

SAN DIEGO, Aug 14 (Bernama) -- Three leading Malaysian organisations have been selected ahead of more than 100,000 companies world-wide to win a global technology award.

Global oil and gas multinational Petroliam Nasional Berhad (PETRONAS), the Sabah Lands and Surveys Department as well as Kerajaan Negeri Sembilan won an Esri Special Achievement in Geographic Information System (SAG) Award, which recognises the creative use of GIS technology to improve the lives of citizens.

Presented with the awards by Jack Dangermond – Founder and President of global mapping giant Esri at the world’s largest geospatial event (2018 Esri International User Conference in San Diego, 11 July 2018) – the organisations were praised for demonstrating forward-thinking vision and actionable leadership to benefit their communities.

Esri Malaysia CEO CS Tan said the significant achievements of the three organisations would inspire others around the world to reflect on how they can use GIS technology to strengthen their own operations.

“This award has demonstrated to the world that Malaysia is fast becoming a global powerhouse for technical innovation,” said Mr Tan.

These organisations have set an international benchmark with their innovative use of Geographic Information System and we are very proud to have supported them in this journey.

Kerajaan Negeri Sembilan, and Sabah Lands and Surveys Department have made a profound impact on the quality of life of our citizens, by enabling smarter city design and service delivery.

PETRONAS

PETRONAS received the SAG Award for its innovative use of GIS technology within their Exploration division to optimise operations across the business.

In particular, the technology was used to establish a comprehensive and integrated exploration platform which in return improved the opportunity to process evaluation and enable more efficient decision-making.

“On behalf of PETRONAS’ Management, we are pleased to receive the Esri Special Achievement in Geographic Information System (SAG) Award. The award is testimony to PETRONAS’ efforts to continually innovate in the way that we use technology to improve our subsurface processes and workflows, adding to their efficiency while allowing us to make better decisions and generate more value,” said Emeliana Rice-Oxley, VP Exploration, PETRONAS.

Sabah Lands and Surveys Department

Sabah Lands and Surveys Department used GIS technology to underpin their award-winning JTUWMA system.

The system consolidates and analyses the state’s land and cadastral information to enable land administrators and members of the community to have a clear understanding of all aspects impacting property development.

As a result, the public is more informed on land management issues and authorities can make faster, better decisions around potential development to help ensure a sustainable and carefully considered community.

“The JTUWMA project has empowered our staff and the public to obtain land information almost immediately, thus immensely reducing handling and processes times and associated costs. Information that may have previously taken months to locate, can now be accessed in an instant. Receiving the SAG Award has spurred us to continue to improve this initiative for the benefit of the community,” said Sr. Bernard Liew, Deputy Director of Sabah Lands and Surveys Department.

Kerajaan Negeri Sembilan

Kerajaan Negeri Sembilan developed the GIS9 platform, a database which integrates and analyses large volumes of data to improve decision-making and data-sharing capabilities across all Negeri Sembilan government departments.

For example, the solution has been used to plan and assess future development opportunities for educational facilities. The insights generated from the system are then shared across other government agencies – which has resulted in slashing the approval process from months to just days.

“Receiving this award is a testament to our commitment towards ensuring the social welfare of our community. At a fundamental level, the GIS9 project has improved the efficiency of our state planning and development immensely. Moving forward, we will continue to explore ways to further develop the tool to enhance our analytical capabilities, improve the productivity of our staff and create a more inclusive and sustainable community,” said Y.B. Dr. Razali bin Ab Malik, State’s Government Secretary of Kerajaan Negeri Sembilan

http://mrem.bernama.com/viewsm.php?idm=32474

FOOTBALL BOYS FROM ALL OVER THE WORLD PLAY TOGETHER IN SHENYANG

SHENYANG, China, Aug. 10, 2018 /Xinhua-AsiaNet/ --

The fourth "Peace Cup" International Juvenile Football Tournament hosted by Shenyang municipal government kicked off on August 5. The event gathered 202 teams from 13 countries and regions with more than 4,000 young friends of different colors and languages in Shenyang to share the charm and joy of football.

Football is universally acknowledged as the "first sport". The development of juvenile football is the basic project to achieve China's football dream and build a strong country in sports. In these years, Shenyang municipal government has attached great importance to the development of football. To actively support the popularization and improvement of the football sport, the "Peace Cup" -- an international juvenile football brand competition has been elaborately created. After several years of cultivation and development, the "Peace Cup" has become a bridge to spread the football culture and promote civil diplomacy.

The "Peace Cup" will last for 7 days, teams of 46 cities from 13 countries and regions, including the United States, Croatia, South Korea, Malaysia, Slovakia, Thailand, Vietnam, Serbia and Pakistan, attended this competition. The young players will compete for nearly 700 matches in Shenyang "Gothic Cup" World Football Park, communicating skills and building friendships.

Source: Shenyang Municipal Government

Image Attachments Links:
http://asianetnews.net/view-attachment?attach-id=317499

--BERNAMA

HAINAN SHOWCASES EXPOS IN SHANGHAI, INVITING EVENTS ENTERPRISES WORLDWIDE TO SNATCH BUSINESS OPPORTUNITIES FROM FREE TRADE ZONE AND PORT

SHANGHAI, China, Aug 10 (Bernama-AsiaNet) -- On August 10-11, 2018, the 4th China Events (MICE) Industry Fair (CEIF) was held at Shanghai New International Expo Center (SNIEC). Major cities, associations and enterprises in the events industry from Hainan Province, guided by the Provincial Convention & Exhibition Bureau, participated in the fair to demonstrate their major events.

Hainan highlighted at the fair the (3rd) Hainan World Leisure Tourism Expo 2018 (Hainan Leisure Expo) and the (4th) Hainan International RV (AUTO) Camping Leisure Tourism Expo 2018 (Hainan Camping Expo). Hainan Leisure Expo, hosted by the Provincial Tourism Development Committee, introduces Hainan's tourism resources to the world and provides a platform for industrial players to exchange their ideas on the new trend of leisure tourism. Hainan Camping Expo, hosted by Hainan Commercial Department and Haikou Municipal Government, promotes the province's resources for camping and drive tours by recreational vehicles and other vehicles. Industrial players can demonstrate their new technologies, products and experiences at the expo. After nearly three years' efforts, these two events have become influential brand in the events industry.

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STEVIE AWARDS ANNOUNCE WINNERS IN 15TH ANNUAL INTERNATIONAL BUSINESS AWARDS® FROM ACROSS THE GLOBE

Business Awards Program to Celebrate Excellence Worldwide at London Event

FAIRFAX, Va., Aug 10 (Bernama-GLOBE NEWSWIRE) -- High-achieving organizations and executives around the world have been recognized as Gold, Silver and Bronze Stevie® Award winners in The 15th Annual International Business Awards®, the world's only international, all-encompassing business awards program.

Nicknamed the Stevies from the Greek word "crowned," the awards will be presented at a gala event on Saturday, 20 October at the InterContinental London Park Lane Hotel in London, United Kingdom. Tickets for the event are on sale now at www.StevieAwards.com/IBA.

Gold, Silver and Bronze Stevie winners were selected from more than 3,900 nominations received from organizations and individuals in 74 nations. All organizations worldwide are eligible to compete in The International Business Awards, and can submit entries in a wide range of categories, including management awards, company of the year awards, marketing awards, public relations awards, customer service awards, human resources awards, new product awards, IT awards, web site awards and more.

More than 270 executives worldwide participated on 12 juries this year to determine the Stevie winners.

Among the top winners of Gold Stevie Awards are Telkom Indonesia with 14; Switching-Time, China (six); ASDA’A BCW, United Arab Emirates (five); Makers Nutrition, USA (five); PJ Lhuillier, Inc, Philippines (five); and Reklam5 Digital Agency, Turkey (five). Winners of four Gold Stevie Awards include Akbank, Turkey; Cisco, worldwide; FIS, USA; GXEVER, China; Jeunesse Global, USA; LLORENTE & CUENCA, Spain; Magnet20, Turkey; Ooredoo Group, worldwide; PT Petrokimia Gresik, Indonesia; Ribose, Hong Kong; Thai Life Insurance, Thailand; Turk Telekom, Turkey; and Yapi Kredi Bank, Turkey.

DHL Express, worldwide, have 46 Gold, Silver, and Bronze Stevie Award wins. Other organizations with eight or more Stevie wins include CROWDCONSULTANTS 360 Gmbh, Germany; Manila Electric Company, Philippines; Marco de Comunicación, Spain; Port It Global, Kenya; Sahibinden.com, Turkey; Thai Life Insurance, Thailand; Twenty Twenty Media Pvt. Ltd, India; and Vakifbank, Turkey. The five countries that have the most winning nominations are the United States, Turkey, South Korea, the United Kingdom and Indonesia.

A complete list of all 2018 Gold, Silver and Bronze Stevie Award winners by category is available at www.StevieAwards.com/IBA.

During the week of 20 August the winners of the Best of the IBA Awards, five best-of-competition prizes, will be announced.  Winners will be determined by a tally of the total number of Gold, Silver and Bronze Stevies won by organizations, and will be presented with Grand Stevie Award trophies in London.

For high-resolution photos of the Stevie Award trophy or International Business Awards logo, visit http://stevieawards.com/iba/photos-and-logos. Other information and resources for press are available at http://stevieawards.com/iba/media-inquiries-news-service-list

About the Stevie® Awards
Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 10,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.

http://mrem.bernama.com/viewsm.php?idm=32456

NEURALSTEM ANNOUNCES NSI-189 GRANTED ORPHAN DRUG DESIGNATION FROM THE U.S. FDA FOR THE TREATMENT OF ANGELMAN SYNDROME

GERMANTOWN, Md., Aug 10 (Bernama-GLOBE NEWSWIRE) -- Neuralstem, Inc. (Nasdaq:CUR), a biopharmaceutical company focused on the development of nervous system therapies based on its neural stem cell technology, today announced that the U.S. Food and Drug Administration has granted orphan drug designation to NSI-189 for the treatment of Angelman syndrome.

“Angelman Syndrome is a rare disease with significant unmet medical need, and for which there are no FDA-approved therapies,” said Jim Scully, Chief Executive Officer of Neuralstem. “Orphan drug designation is an important regulatory milestone in the development of NSI-189 and we are committed to evaluating NSI-189’s role as a treatment to improve the lives of patients with Angelman syndrome.”

In pre-clinical models, NSI-189 has demonstrated the ability to restore long term potentiation (LTP), a measure of synaptic plasticity and an in vitro biomarker of memory.

The FDA's orphan-drug designation program provides special status and incentives to encourage the development of drugs for diseases affecting fewer than 200,000 people in the U.S. Orphan drug designation confers seven years of market exclusivity upon FDA approval, as well as other development incentives, such as tax credits related to clinical trial expenses, an exemption from the FDA-user fee and FDA assistance in clinical trial design.

About Angelman Syndrome

Angelman Syndrome (AS) is a rare congenital genetic disorder caused by a lack of function in the UBE3A gene on the maternal 15th chromosome.  It affects approximately one in 15,000 people - about 500,000 individuals globally.  Symptoms of AS include developmental delay, lack of speech, seizures, and walking and balance disorders. Patients with AS may never walk or speak and require life-long care. Life expectancy is normal which places a significant burden on patients and caregivers. There are currently no FDA-approved therapies for the treatment of Angelman syndrome. 

http://mrem.bernama.com/viewsm.php?idm=32454

WILLIS LEASE ANNOUNCES OFFERING OF $373.4 MILLION IN FIXED RATE NOTES

NOVATO, Calif., Aug 9 (Bernama-GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis”), a leading lessor of commercial jet engines, announced today that its wholly-owned subsidiary, Willis Engine Structured Trust IV (“WEST IV”) proposes to offer $373.4 million in aggregate principal amount of fixed rate notes (the “Notes”). It is expected that the Notes will be issued in two series, with the Series A Notes to be issued in an aggregate principal amount of approximately $326.8 million and the Series B Notes in an aggregate principal amount of approximately $46.7 million. The Notes will be secured by, among other things, WEST IV’s direct and indirect interests in a portfolio of 55 aircraft engines and one airframe.


The net proceeds of the Notes will be applied, in part, to pay fees and expenses related to the issuance and to pay Willis periodically over a 270-day delivery period as consideration for the aircraft engines and the airframe acquired by WEST from Willis in the financing. Willis will apply the net proceeds it receives to repay certain amounts drawn under Willis’ revolving credit facility and the remainder will be used for general corporate purposes.

http://mrem.bernama.com/viewsm.php?idm=32451

NEURALSTEM APPOINTS JIM SCULLY AS INTERIM CHIEF EXECUTIVE OFFICER

GERMANTOWN, Md., Aug 7 (Bernama-GLOBE NEWSWIRE) -- Neuralstem, Inc. (Nasdaq:CUR), a biopharmaceutical company focused on the development of nervous system therapies based on its neural stem cell and small molecule compound technologies, today announced that the Board of Directors has appointed Jim Scully as interim chief executive officer. Mr. Scully will assume the role effective immediately and succeeds Mr. Rich Daly who served as president and chief executive officer of the Company since February 2016.

“Jim’s contribution in 2018 heading up business development and as strategic advisor for Neuralstem has been extremely valuable, and we are confident that his appointment will ensure continued momentum over the near-term as our dedicated search efforts continue,” said Cristina Csimma, Chair of the Nominating Committee of Neuralstem. “Jim is an experienced pharmaceutical executive with a deep understanding of commercial, clinical development and manufacturing operations and has worked with our team to advance our Company’s efforts in China and rest-of-world.”

http://mrem.bernama.com/viewsm.php?idm=32433

FUNAMBOL PERSONAL CLOUD NOW AVAILABLE FOR MILLIONS IN VIETNAM

Viettel relaunches Lifebox Cloud to millions of subscribers

FOSTER CITY, Calif., Aug 6 (Bernama-GLOBE NEWSWIRE) -- Funambol, the leading provider of operator platforms that power many white-label cloud services globally, announced today that its personal cloud solution is now available to millions of mobile subscribers in Vietnam. Funambol OneMediaHub is a key service in Viettel’s recently launched Lifebox Cloud Service and a key pillar of Viettel’s 4G service strategy. Viettel is the largest mobile operator in Vietnam and OneMediaHub enables Viettel subscribers to auto-store pictures, videos and other mobile content in the cloud. This provides several benefits, including freeing up space on their phones, securing their personal content and enabling sharing across all devices. “We evaluated all major Cloud Storage service providers and we chose Funambol because it is the best product with an investment approach that is aligned with our corporate objectives”, said Mr. TRAN Trung Hieu, Director of VAS Centre at Viettel Telecom “Funambol OneMediaHub was chosen for its comprehensive feature set as compared to the OTT Clouds. Furthermore, the integration of third party applications enabled by an extensive suite of APIs will ensure we always have a complement of services that our subscribers will value.”

Funambol OneMediaHub simplifies one's digital life by automatically centralizing digital content from all sources, including mobile devices, computers, social networks and email. It provides a simple and secure way to back up a subscriber's digital content and access it across multiple devices. OneMediaHub is a good fit for fixed line and mobile operators as its white-label offering enables operators to brand it, integrate it with other services, and adapt it for their specific needs.

“We are delighted that Viettel has selected Funambol’s industry leading platform for their Lifebox Cloud Service”, said Amit Chawla, Funambol CEO. “We look forward to working with Viettel to enable their subscribers to manage and enjoy their digital assets through the best-in-class personal cloud platform.”

About Funambol

Funambol is the leading provider of platforms that power many white-label cloud services. Funambol enables mobile operators, system integrators and other service providers to rapidly go-to-market with diverse personal and business cloud services. Funambol solutions have been deployed by leading companies in the fixed line and mobile industry for more than two billion people. For more information, visit www.funambol.com.

Funambol and OneMediaHub are trademarks of Funambol, Inc.  All other trademarks, products and company names mentioned are the trademarks of their respective owners.

Media Contact
Funambol: Steve Tomasini, steve@funambol.com

Source : Funambol

--BERNAMA

ETHER CAPITAL CO-FOUNDER MICHAEL CONN JOINS AXEL AS CHIEF STRATEGY OFFICER

Former CEO and Co-Founder of Ether Capital brings a successful track record in finance, blockchain and cryptocurrency LAS VEGAS, July 31 (Bernama-GLOBE NEWSWIRE) -- AXEL, the award winning technology company providing users with true ownership and protection over their digital data and content, is pleased to announce the appointment of Michael Conn to the role of Chief Strategy Officer (CSO), effective immediately. Michael will help lead the efforts in the company’s upcoming launch of AXEL Token and development of its proprietary blockchain platform. “We’re excited Michael is joining our growing team at AXEL. His years of experience and knowledge in the financial industry, as well as expertise in blockchain and cryptocurrency will be extremely valuable as we launch our own blockchain venture,” notes Ben Ow, President and CTO of AXEL. “We consider ourselves a leader in the privacy and security world with our flagship file sharing app that’s already enjoyed by millions of people globally. Our next step is to take on the content selling world with our AXEL Token and AXEL Marketplace, and Michael will be a huge part of this initiative, given his background and knowledge of this sector. We’re all looking forward to working with him.” Michael Conn has been at the forefront of the blockchain and crypto space for many years. After serving in senior executive roles with a variety of financial institutions including AllianceBernstein and The TCW Group, Michael founded Quail Creek Partners, and also co-founded and served as CEO of Ether Capital. Ether Capital was the first Ethereum-focused publicly traded company and it raised $45 million through a private placement. As Chief Strategy Officer of AXEL, he will be responsible for advancing interest in the institutional blockchain and crypto community and overseeing the upcoming Token Generation Event (TGE), as well as the future growth of the AXEL Token. “I couldn’t be more excited to join the AXEL team as they launch this exciting business,” said Mr. Conn. “You don’t always get the opportunity to be part of a truly disruptive endeavour, and I can’t wait to get started and work with this wonderful team, and contribute to enhancing AXEL’s foothold on the market.” The decision to hire Mr. Conn came after an extensive search by AXEL’s principals to find the ideal candidate for this position. He comes highly recommended, and with an impeccable reputation for the successful results he has achieved in previous roles. http://mrem.bernama.com/viewsm.php?idm=32380

KUMON: EARLY YEARS CRITICAL TO CHILD'S DEVELOPMENT

KUALA LUMPUR, Aug 6 (Bernama) -- Kumon Malaysia marked its 60th anniversary with its annual National Instructors Summit 2018 and an expert roundtable discussion session themed “Limitless Potential in Kids: Truths vs Myths” recently.

A statement from Kumon said the roundtable discussion saw industry captains such as founding president of the Early Childhood Care and Education Council Datuk Dr Chiam Heng Keng, Pantai Hospital Kuala Lumpur child psychologist Katyana Azman, and general manager of Kumon Malaysia Yosuke Sugawa sharing their insights on the topic.

Sugawa said: “For over 60 years, we have supported parents, caregivers, instructors and students on the importance of discovering each individual’s potential in over 50 countries and regions around the world.

“In Malaysia, we were established in 1997 and is now the largest after-school enrichment programme. We continue to strive to guide our students to learn how to think, identify and attain their highest potential,” added Sugawa.

Speaking at the expert roundtable session, Dr Chiam shared that a child’s developmental years began from the time they were born.

“The first 24 months of life is the most sensitive period for the optimal development of emotional intelligence which is important to children's holistic development during their growing up years. These are among the important factors to take into consideration to ensure a child is able to maximise his or her learning abilities to the fullest,” added Dr Chiam.

Kumon Malaysia is an after-school Mathematics and English enrichment programme that assists children to achieve his or her fullest potential independently via the Kumon Method. Since its inception in Malaysia in 1997, Kumon Malaysia has over 200 centres nationwide.

-- BERNAMA

Westinghouse completes sale to Brookfield

KUALA LUMPUR, Aug 2 (Bernama) -- Westinghouse Electric Company (Westinghouse) announced today the completion of its sale to Brookfield Business Partners L.P. (Brookfield) together with institutional partners, and emergence from Chapter 11 as a reorganised company.

"With the support of Brookfield, Westinghouse will continue to build on its legacy of leading the nuclear industry," said its president and chief executive officer, José Emeterio Gutiérrez, in a statement.

The close of the transaction marks a milestone for Westinghouse as it continues to navigate a significant transformation that positions it for long-term sustainable success, Gutiérrez added.

The company is focused on strengthening itself, capitalising on its global footprint and excelling in client service and innovation.

Westinghouse is the world's pioneering nuclear energy company and a leading supplier of nuclear plant products and technologies to utilities throughout the world. 

While Brookfield is a business services and industrials company focused on owning and operating high-quality businesses that benefit from barriers to entry and/or low production costs. It is listed in the New York and Toronto stock exchanges.

-- BERNAMA 

MFPC, QUIP ink MoA to produce industry-ready graduates

KUALA LUMPUR, Aug 2 (Bernama) -- Malaysian Financial Planning Council (MFPC) and Quest International University Perak (QUIP) signed a memorandum of agreement (MoA) to provide a framework for cooperation related to wealth management, banking, and financial planning.

MFPC attaches great importance to collaborating with QUIP in the development of human capital for the financial industry as well as to provide a talent pool for the northern region. 

Both organisations intend to cooperate in developing students who are industry-ready by embarking on MFPC's professional designations, the Registered Financial Planner and Shariah Registered Financial Planner programmes.


Through this MoA, MFPC will recognise QUIP's programme pertaining to the exemptions of Module 1-6 of the professional designations.

Prospective graduates of QUIP should complete one final module with MFPC to earn their professional qualification. In addition, QUIP is to be recognised as the education provider of MFPC to conduct the professional programmes for the local community and public at large in the northern region.

MFPC president, Michael Kok said: "In consideration of the good reputation and quality of education offered at Quest International University Perak, MFPC is optimistic that this initiative will produce significant results and achieve success."

The MoA was signed by Kok and QUIP vice-chancellor, Prof Datuk Dr Raman Narayanasamy.

-- BERNAMA

RFA ACCELERATES GROWTH WITH EXPANSION IN LUXEMBOURG

LUXEMBOURG, July 31 (Bernama-GLOBE NEWSWIRE) -- RFA, a next-gen managed IT service provider for the financial industry, announces a new private financial cloud in Luxembourg. This expansion allows RFA to accommodate accelerated growth in Europe and offer a portfolio of high quality private cloud services to both its existing and new financial services clients in Luxembourg, Madrid, Paris, and the wider region.

Along with the London office, the new office doubles RFA’s footprint in Europe and further bolsters the company’s growth strategy. RFA has two highly secure, tier-one data centres in Luxembourg which meet the ISO27001 and SSAE16/Type II standards, which is key for firms regulated by the Commission de Surveillance du Sector Financier (CSSF). RFA is now ideally placed to provide a range of services to clients in this region, and offer fully managed private cloud, infrastructure-as-a-service and secure multi-cloud services, which allow clients to take advantage of the flexibility and scalability of public cloud services, whilst enjoying the security and direct control of the private cloud.

http://mrem.bernama.com/viewsm.php?idm=32384

SME100 AWARDS TO BREACH 1,000-COMPANY BENCHMARK

KUALA LUMPUR, July 31 (Bernama) – The SME100TM Awards is ready to breach its milestone by naming the 1,000th company known as the Fastest Moving Company of Malaysia.

The prestigious business awards programme organiser, Business Media International, one of Asia’s leading business-to-business publishers, said each year, the winners were identified through stringent credit evaluation and auditing.

The steady accumulation of winners over the years has also enabled the establishment of various networking and intelligence platforms, such as the SME CEO Forum and SME Solutions Expo.

This year, two new awards are introduced, namely SME100TM CTOS Credit Excellence Award and the award for the highest contribution to SMEs of Malaysia.

The two awards, created in collaboration with CTOS Data Systems Sdn Bhd and Affin Bank Berhad  respectively, align with the objective of promoting greater business health and development.

Nominations for the SME100TM Awards - Fast Moving Companies – will close on Sept 1, 2018. For nomination and more information, visit www.sme100.asia.

-- BERNAMA   

Japan boosts bid to host World Expo 2025 with Pokemon mascot

KUALA LUMPUR, July 31 (Bernama) -- Japan and the Japan World Expo 2025 Committee have featured Pokemon in the final stretch to host World Expo 2025.

Pokemon -- one of the committee's special envoys and mascot characters is boosting activities at the Pokemon Center Mega Tokyo in Ikebukuro and elsewhere in Japan.

The campaign is designed to help people enjoy supporting Japan's bid to host the World Expo together with Pokemon. It also constitutes an activity with social significance.

As the host of the World Expo is decided this November, each candidate country's campaign is entering the final stretch, a statement said.

If Japan wins its bid to host the World Expo, it will be the first such event to be held in Japan in 20 years since Aichi Prefecture hosted the World Expo 2005.

As its rationale for hosting the World Expo, Japan is committed to contributing to the Sustainable Development Goals (SDGs) adopted by the United Nations General Assembly.

Each supporter's certificate on the campaign website -- Pokemon EXPO Type Check -- lists the outcome of diagnosis as one of the goals.

Each visitor is diagnosed as one of the designated types after answering 10 questions about Pokemon and the World Expo. Each visitor will receive an original photograph (a supporter's certificate) taken together with Pokemon which varies from one type to another.

More details on youtu.be/u2_Ra917I-4

-- BERNAMA

Toshiba delivers power MOSFETs for automotive applications

KUALA LUMPUR, July 31 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) will start mass production and shipments of 'TPWR7904PB' and 'TPW1R104PB' -- 40V N-channel power MOSFETs for automotive applications in August.

The products are housed in the DSOP Advance(WF) packages that deliver double-sided cooling for improved heat dissipation, low resistance and small size, a statement said.

It also secure high heat dissipation and low On-resistance characteristics by mounting a U-MOS IX-H series chip -- a MOSFET with the latest trench structure -- into a DSOP Advance(WF) package that has a wettable flank terminal structure.

The U-MOS IX-H series also delivers lower switching noise than Toshiba´s previous U-MOS IV series, contributing to lower Electromagnetic interference (EMI).

The heat generated by conduction loss is effectively dissipated, improving the flexibility of thermal design. The products are used in the application of electric power steering, load switches and electric pumps.

Toshiba is among the leading general devices companies offering customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD. More information at https://toshiba.semicon-storage.com/ap-en/company.html.

-- BERNAMA

ALT INC. ANNOUNCES "AL+ EMETH" DISTRIBUTED NEURAL NETWORK TECHNOLOGY

TOKYO, July 27 (Bernama-BUSINESS WIRE) -- alt Inc. (Headquartered in Chiyoda-ku, Tokyo and represented by Kazutaka Yonekura as CEO), a leading startup and developer of "al+" P.A.I. (Personal Artificial Intelligence) has announced "al+ emeth" distributed neural network technology.

The al+ emeth uses a new decentralized architecture that combines distributed computing technology with neural network technology. Creating a network from the under-utilized computing power of personal computers and servers across the globe, via the Internet, this platform enables the securing of the computer processing power needed for machine learning of artificial intelligence.

This mechanism performs parallel processing by assigning processes to distributed nodes at the neuron or layer level for the neural networks. alt Inc. has named this "al+ emeth Super Neural Networks" and believes it will vastly improve the speed and depth of machine learning.

It is the distributed neural network technology that alt Inc. will be providing, while the neural networks themselves comprise the collection of participant nodes in the network. Participants provide the computer processing power via the network and can receive compensation for their contribution. This assures an economic rationale that will support the autonomous growth of the network and further participation in that network as nodes.

This mechanism also enables maintained confidentiality for data when our al+ stack (see note) technology is used to create personalized learning models from the accumulated personal data in the ways which allow people to take advantage of the al+ emeth computing power while protecting the privacy of learning data. This is made possible by vectorizing the learning data, blocking any back calculation or reverse engineering of existing personal data, and then fragmenting the data before requesting node processing.

alt Inc. will use the al+ emeth Super Neural Networks to both accelerate the pace of personal artificial intelligence development and to expand the scope of that development.

NOTE: As announced on July 12, 2018:
https://alt.ai/news_en/altstack/

View source version on businesswire.com: https://www.businesswire.com/news/home/20180726006069/en/


Contact
Kindly direct inquiries to:
alt Inc.
Haruko Yamaguchi, +81-3-6380-7076
Marketing and PR
press@alt.ai
https://alt.ai/en/
3-1-2 Higashi-Kanda, Chiyoda-ku, Tokyo
or
Vietnam Tech Lab
11^th floor, Lucky Building, 81 Tran Thai Tong Street, Hanoi, Vietnam

Source : alt Inc.

--BERNAMA