Chinmay J. Upadhyat is Nikkiso Clean Energy & Industrial Gases GroupRegional V-P, South Asia

KUALA LUMPUR, Feb 25 (Bernama) -- Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (‘Group’), a part of the Nikkiso Co Ltd (Japan) group ofcompanies, announced that Chinmay J. Upadhyat has joined the Group as Regional Vice President, South Asia region.

He will be based in Nikkiso Cosmodyne India Private Ltd, their large manufacturing and competence centre in Gujarat, India, according to a statement.

This important addition to their management team is the result of growth in the market environment and is in line with the objectives of the Industrial Division of Nikkiso to better serve and support their customers in the Southern Asia Market.

Chinmay started his career in 1995 as a Production Engineer with Anup Engineering and Inductotherm India, then served as key account manager for 10 years with Dresser Rand India. Since 2008 he has been Regional then Assistant General Manager for Burckhardt Compression India where he was responsible for sales and business development of new machines for the Indian market.

With his broad experience in the CNG, LNG, H2 and industrial gas markets in India, Chinmay will lead the Nikkiso Clean Energy & Industrial Gases sales and service teams in this important region and embark on a mission to deliver market share growth in a sustainable and profitable way.

“Chinmay will be a perfect addition to our management team with his proficiency in business development, equipment, service, aftermarket sales and market knowledge,” according to Emile Bado, Vice President, Sales & Business Development of the Group.

Chinmay has a Mechanical Engineering degree from Government Polytechnic, Ahmedabad, a Bachelor’s in Technology from JNRVD University, Rajasthan and an MBA from Sikkim Manipal University in Manipal.

For more information visit www.cryoind.com and www.nikkiso.com

-- BERNAMA

KIOXIA FIRST TO INTRODUCE NEXT-GENERATION UFS EMBEDDED FLASH MEMORY DEVICES SUPPORTING MIPI M-PHY V5.0

Kioxia Corporation: Industry’s first UFS embedded flash memory devices supporting MIPI M-PHY v5.0 (Photo: Business Wire)

 New Devices Deliver Performance Boost to Mobile Applications

TOKYO, Feb 24 (Bernama-BUSINESS WIRE) -- Kioxia Corporation, a world leader in memory solutions, today announced sampling^[¹] of the industry’s first^[²] Universal Flash Storage^[³] (UFS) embedded flash memory devices supporting MIPI M-PHY^[⁴] v5.0. The new line-up utilizes the company’s BiCS FLASH^™ 3D flash memory and will be available in three capacities: 128GB, 256GB and 512GB. With high speed read and write performance, the new devices are targeted to a variety of mobile applications including leading-edge smartphones.
 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220223006390/en/ 

The new devices are next-generation UFS supporting MIPI M-PHY v5.0, which has a theoretical interface speed of up to 23.2Gbps per lane (x2 lanes = 46.4Gpbs) in HS-GEAR5 mode. Sequential read and write performance of the 256GB device are improved by approximately 90 percent and 70 percent respectively, over previous generation devices^[⁵]. Also, random read and write performance of the 256GB device are improved by approximately 35 percent and 60 percent respectively, over previous generation devices^[⁵]. This next generation of UFS provides significant increases in performance, enabling next generation smartphones and other products to enhance their capabilities and end user experiences in the 5G era and beyond.

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LIGHTCON DECLARES OFFICIAL RISE OF STARS LAUNCH

KUALA LUMPUR, Feb 25 (Bernama) -- Rise of Stars (ROS), a new mobile game developed by LightCON, which is a subsidiary of WEMADE MAX (Co-CEOs: Hyunguk Chang, Gilhyung Lee) was officially launched on Feb 25.

Launched in more than 170 countries with the exception of Korea, China, etc., the game supports eight languages including English, Traditional Chinese, and Portuguese. It can be downloaded through Google Play and Apple App Store.

This authentic 4x blockchain game features not only real-time massive warfare but also elaborately designed warships and planets set in a vast universe, according to a statement.

The game also features ‘Silthereum’, a new game token that can be used within the game. Silthereum is paid as rewards for large-scale battles, such as planet conquering battles and congress battles, and users can obtain these tokens through mining or pillage using the Warship Carrier. Due to this, a fierce struggle over Silthereum is expected to take place among users.

ROS also provides the advanced NFT Warship Carrier system. Warship Carrier, which is the core of the token ecosystem, carries a large number of warships. This game item gives various buff benefits to the warships.

In particular, through the two NFT Warship Carrier presales held from Jan 27, 1504 Warship Carriers were sold out in only one minute after opening.

The presold NFTs are currently traded among users at a price 15 times higher than the initial selling price, indicating the users’ high level of expectations for the ROS token ecosystem. In the long term, a range of new content, such as a staking service, will be developed and provided for the expansion and establishment of the token ecosystem.

To mark the official launch of ROS, several events have begun, including an event to invite friends and an event to reach a specific game level. Through the events, a total of six million Silthereum tokens will be presented along with free Warship Carriers for a limited period.

Wemade offers a global blockchain platform, WEMIX, on which games of all genres can be transformed into blockchain games. Many games are currently being serviced on WEMIX, and it aims to service 100 games whose key currency is WEMIX Token prior to 2022 year-end.

-- BERNAMA

Cyber intelligence company Cyble secures US$10 million Series A financing round

 

Cyble Co-founders, Beenu Arora (right) and Manish Chachada (left) (Photo: Business Wire) 

KUALA LUMPUR, Feb 23 -- AI-powered cyber intelligence company Cyble announced it has raised a US$10 million Series A financing round led by Blackbird, with continued participation from Spider Capital, January Capital, Cendana Capital, and VentureSouq. (US$1 = RM4.181)

The funds will be allocated to expanding Cyble’s product roadmap, enabling deeper penetration into existing & new markets, and amplifying its Cyble Research Labs (CRL) capabilities.

“The Series A funding round is a major milestone for our rapidly growing company, and affirmation of Cyble’s emergence as a pioneer and thought leader in the infosec industry,” said  Chief Executive Officer and Co-founder of Cyble, Beenu Arora.

“We are thrilled to receive this support and intend to direct these funds to drive our research, development, and intelligence capabilities to greater heights. Cyble is committed to deliver comprehensive cybersecurity solutions that resonate with our growing client base.”

Meanwhile, co-founder and COO of Cyble, Manish Chachada said: “We are incredibly excited to receive the support from our investors to continue to carry out Cyble’s vision, and honoured that Cyble is recognised as a leading voice in cybersecurity and a trusted partner that enables businesses to advance their Digital Risk Protection Strategy.”

The news of Series A funding marks almost a year since Cyble’s initial Seed funding round. In April 2021, Cyble announced it raised US$4 million led by Blackbird and Spider Capital, with participation from Picus Capital and Cathexis Ventures.

Founded by Beenu Arora and Manish Chachada in 2019, Cyble continuously monitors the darkweb and surfaceweb data in real-time across open and closed sources to map, monitor, and mitigate companies' digital risk footprint.

Currently, Cyble is present in six nations and has tripled in business YoY, according to a statement.

Alongside its continual focus to minimise and manage cyber risk for its clients, Cyble recently introduced a Law Enforcement Agency (LEA) and defence threat intelligence tailored solution, Cyble Hawk to aid law enforcement and government agencies in combating cyber risks that have national and geopolitical ramifications.

More details at www.cyble.com.

-- BERNAMA

CLOUDFLARE AGREES TO AREA 1 SECURITY ACQUISITION

KUALA LUMPUR, Feb 24 (Bernama) -- Cloudflare Inc, the security, performance, and reliability company helping to build a better Internet, announced it has agreed to acquire Area 1 Security.

Area 1 Security’s cloud-native platform, which works seamlessly with any email offering, stops phishing attacks by preemptively discovering and eliminating them before they can inflict damage in a corporate environment.

According to a statement, in 2021 alone, the company blocked more than 40 million malicious phishing campaigns spanning business email compromise, malware, ransomware, and other advanced threats.

“Email is the largest cyber attack vector on the Internet, which makes integrated email security critical to any true Zero Trust network. That’s why today we’re welcoming Area 1 Security to help make Cloudflare’s platform the clear leader in Zero Trust,” said co-founder and chief executive officer (CEO) of Cloudflare, Matthew Prince.

Meanwhile, CEO and President of Area 1 Security, Patrick Sweeney said: “By combining our leading phishing protection and threat intelligence capabilities with Cloudflare’s global network, data capabilities, and Zero Trust platform, we truly believe that together we can help companies of any size better secure their entire network infrastructure and better protect against the most destructive cyber risks.”

Under the terms of the agreement, Cloudflare will acquire Area 1 Security for approximately US$162 million, subject to customary adjustments, with 40-50 per cent of the price payable in shares of Cloudflare’s Class A common stock and the remainder payable in cash. (US$1 = RM4.188)

The acquisition is expected to close early in the second quarter of 2022 and is subject to customary closing conditions.

Cloudflare entered the email security market in 2021 with the launch of its Advanced Email Security Suite and additional tools to create custom email addresses, manage incoming email routing, and prevent email spoofing and phishing on outgoing emails.

By combining Area 1 Security’s highly scalable technology and years of experience in email protection with Cloudflare’s global network, the two companies will provide a holistic Zero Trust solution that customers can enable through Cloudflare’s global edge.

More details at www.cloudflare.com.

-- BERNAMA

NEW BITMEX REPORT PREDICTS FIVE WAYS THE WORLD OF CRYPTO WILL CHANGE IN 2022

 

Five Ways the World of Crypto Will Change in 2022 (Photo: Business Wire)

MAHE, Seychelles, Feb 18 (Bernama-BUSINESS WIRE) -- Leading crypto investment platform BitMEX has published a new report which predicts significant shifts in the crypto landscape in 2022, including a closing of the gender gap among crypto adopters and a surge in the number of acquisitions of traditional finance firms by crypto players.
 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220216006330/en/ 

The report, entitled Five Ways the World of Crypto Will Change in 2022, was developed with input from a number of BitMEX executives and employees.

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IDG Communications rebranded as Foundry

KUALA LUMPUR, Feb 18 -- After playing a key role in every major milestone, announcement, and development in modern technology since 1964, IDG Communications Inc has announced that the company has rebranded as Foundry.

According to a statement, the announcement marks the company’s transformation from legacy media network to integrated marketing technology (MarTech) and data provider.

As Foundry, the company will pair large-scale first-party data from its leading portfolio of editorial brands with a combination of acquired and home-grown marketing technologies.

“We set out to deliver on a strategy that re-invents our business for a new era in technology marketing where data and martech are engineered to work seamlessly together, powered by our global ecosystem of editorial brands,” said President of the newly named Foundry, Kumaran Ramanathan.

“With the rebrand of IDG as Foundry we are establishing ourselves as a company that generates and innovates with data. While the new brand marks the completion of a major milestone in our corporate transformation, we will not stop innovating and building upon our recent success.”

The company has historically been recognised as the technology sector’s most international, credible, trustworthy, and relevant publisher, featuring award-winning brands such as CIO, ChannelWorld, Computerworld, CSO, InfoWorld, MacWorld, Network World, PCWorld and TechHive.

Its award-winning editorial content is recognised worldwide by millions of business and technology executives and enthusiasts as a trusted resource of technical insights, thought leadership, product reviews and more.

Foundry represents an interconnected ecosystem of media, technology and data. By leveraging its first-party data, Foundry will help navigate the entire tech buyer journey – everything from driving awareness and understanding intent signals, to increasing engagement and conversion.

The company will also help technology marketers and agencies drive awareness and achieve their objectives by engineering the right combination of media solutions – whether that involves advertising, demand generation, content, research, or events.

More details at www.foundryco.com

-- BERNAMA

MEDIDATA OPENS ACCESS TO PATIENT INSIGHTS PROGRAM

KUALA LUMPUR, Feb 16 (Bernama) -- Medidata, a Dassault Systèmes company, announced it is allowing sponsors, CROs (contract research organisations), and sites to leverage its proprietary Patient Centricity by Design process for clinical trials.

Medidata will open access to its Patient Insights Program as part of a new offering to incorporate a patient-centric approach to the design and development of clinical trial protocols and technologies, according to a statement.

The Patient Insights Program provides access to Medidata’s experienced and diverse Patient Insights Board, using innovative workshops called design studios to guide the creation of protocols and patient-facing solutions to improve clinical trial experiences, expedite clinical trial delivery timelines, and bring therapies to market faster.

“Medidata is the first company to institute a formal process of infusing the patient perspective into the software development life cycle to create technical solutions improving the overall patient experience,” said vice president, Patient Engagement at Medidata, Alicia Staley.

“We are opening up access to this programme to ultimately make clinical trials an option for more people, including those historically left behind by clinical trials.”

‘Patient centricity’ has been a buzzword for nearly a decade but most clinical studies are designed with little to no direct input from the patients/caregivers that are expected to enroll in and adhere to a clinical research study.

Patient engagement has mostly been limited to sporadic and superficial sessions, with little impact on reducing patient burden or improving enrolment, retention, and experience.

The Medidata Patient Insights team has run over 20 design studios to provide feedback and insights into Medidata products.

Medidata’s Patient Centricity by Design is a formal methodology by which the patient perspective is infused into the software development life cycle.

More details at www.medidata.com.

-- BERNAMA

ALLVUE SYSTEMS CHOSEN BY DO VENTURES FOR INVESTOR COMMUNICATIONS SUPPORT

KUALA LUMPUR, Feb 16 (Bernama) -- Allvue Systems (Allvue), a leading alternative investment technology solutions provider announced Do Ventures has selected the firm’s Investor Portal solution to support its LP management.

Do Ventures is an early-stage venture capital fund that serves as a strategic partner for startups in Vietnam and Southeast Asia.

Allvue’s Investor Portal solution will provide Do Ventures with transparent, timely and efficient communication with its LPs. Do Ventures will have access to intuitive, highly configurable dashboards allowing it to securely share information with investors and streamline operations as its number of funds, investments, and clients grow globally.

“With the rapidly growing venture capital sector in Southeast Asia, Do Ventures recognised the need for superior investor management workflows to capitalise on these investment opportunities and manage its growing investor base,” said Edward Bee, Region Head for APAC at Allvue in a statement.

“Our Investor Portal solution will enable Do Ventures to up-scale their LP communications and thus strengthen relationships with current and prospective investors.”

Allvue’s Investor Portal provides limited partners with customisable, feature-rich dashboards combining portfolio company data management, cash flow analysis, and secure document sharing into one solution.

With this agreement, Do Ventures became Allvue’s first client in Vietnam and the ASEAN region just six months after it launched its APAC business in June 2021 with the opening of its Singapore office.

“As our business grows, it is critical to find a technology partner that shares our pioneer spirit of continuously innovating to improve operational efficiency and best serve our clients,” said Vy Le, Co-founder & General Partner of Do Ventures.

“Allvue’s data-driven tech solution, combined with its deep experience in alternatives, will enable us to enhance investor communications through a comprehensive reporting infrastructure.”

Allvue is based in Miami, FL with locations throughout North America, Europe, and Asia-Pacific. 

-- BERNAMA

PARSE BIOSCIENCES RAISES $41.5M SERIES B ROUND TO SCALE SINGLE-CELL SEQUENCING PRODUCTS AND EXPAND PRODUCT PORTFOLIO

Company to commercialize and create single-cell multi-omics products

SEATTLE, Feb 16 (Bernama-BUSINESS WIRE) -- Parse Biosciences, a company dedicated to providing scalable single-cell sequencing solutions, today announced $41.5M in Series B funding co-led by Marshall Wace and Janus Henderson Investors. Soleus Capital, Logos Capital and Bioeconomy Capital also participated in the round, bringing Parse Biosciences’ total funding to date to over $50M.

The funding will be used to expand commercialization of Parse’s Evercode Whole Transcriptome products, which empower researchers to profile cells at various levels of scale which they’re able to tailor to their unique experiment needs. Evercode leverages a patented technique of combinatorial barcoding that improves sample resolution, increases transcript sensitivity, and simplifies workflow.

Parse’s product portfolio includes the Evercode Whole Transcriptome Mega, which can profile up to 1,000,000 cells in parallel, and the Evercode Whole Transcriptome Mini, a kit used to profile up to 10,000 cells in parallel for studies of smaller scale. Following their fundraise, Parse will expand the Evercode platform beyond transcriptomics, enabling researchers to elevate single cell multi-omic measurements to unprecedented scale.

“Understanding and thoroughly profiling cells at scale is fundamental to the future of groundbreaking discoveries in fields like oncology, immunology, and neuroscience,” said Alex Rosenberg, CEO and co-founder of Parse Biosciences. “Understanding the transcriptome is pivotal, but our expansion into multi-omics is a natural progression. We’re excited to begin expanding our product portfolio, starting later this year.”

The company’s new products will support applications including:

· Immune profiling that will allow researchers to combine gene expression and receptor profiling.
· Chromatin profiling that will provide valuable insights into cell-specific gene regulatory mechanisms, allowing for greater understanding of the epigenome.
· High-throughput CRISPR screens that will enable monitoring of changes in gene expression based on genetic modulation in single cells.
· Targeted gene panels that will enrich a subset of specific genes relevant to researchers, allowing for more scalable studies while maintaining reasonable sequencing costs.
· Additional sensitivity of Evercode Whole Transcriptome kits, leading to a dramatic increase in transcript and gene detection. 

Following the raise of their $7M Series A round in January 2021, Parse Biosciences extended its reach on a global scale. In October 2021, Parse partnered with Decode Sciences to provide its single-cell sequencing solution to Australia and New Zealand. Shortly afterwards, Parse announced a distribution agreement with Research Instruments Pte Ltd to expand its availability to Singapore, Thailand, Malaysia and Vietnam.

“Since our Series A close, Parse has experienced unprecedented growth,” said Charlie Roco, CTO and co-founder of Parse Biosciences. “We’re continuing to develop our platform based on the needs of our customers, who are using single-cell sequencing at scale in ways we’ve never seen before. We are incredibly thankful to our investors for sharing our vision, and proud to support researchers who are driving remarkable insights, drastically impacting precision medicine and drug therapies as a whole.”

Parse Biosciences will be attending the annual Molecular and Precision Med Tri-Conference from February 21-23, 2022. In his session, “The Implications of Single-Cell Transcriptomics at Unprecedented Scale,” Charlie Roco will explore the significant impact of profiling the transcriptome at scale in numerous therapeutic areas. Parse will also host a webinar alongside the American Society of Human Genetics showcasing new capabilities of the Evercode platform on March 17, 2022 at 10:00 AM PDT.
 

Parse is currently hiring for additional members to join the team. For more information, please visit www.parsebiosciences.com/careers. 

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OPTEX ANNOUNCES CLOUD-BASED ALARM-MONITORING SYSTEM "GENIO MAP CLOUD"

OTSU, Japan, Feb. 15, 2022 /Kyodo JBN-AsiaNet/ --

OPTEX Co., Ltd. has introduced GENIO Map Cloud, the world's first real-time cloud-based burglar alarm-monitoring platform targeting at consumers with its affordable cost and fulfilling features.   Image1: https://kyodonewsprwire.jp/prwfile/release/M106913/202112034400/_prw_PI1fl_2Tmtw17l.jpeg Image2: https://kyodonewsprwire.jp/prwfile/release/M106913/202112034400/_prw_PI3fl_WpZ7pDF2.jpg GENIO Map Cloud is a simple all-in-one solution to manage the security workflow for alarm monitoring and management for small and medium-sized operations such as gated communities, factories, and warehouses. GENIO Map Cloud is accessible anywhere if an internet connection and web browser are available, eliminating the need for setting up and maintaining expensive, complex networks, saving money and effort. It offers a user-friendly and intuitive interface allowing users to see a list of alarm events on a map that are detected in real-time, as well as confirming details such as when and where alarms occurred and the type of event such as trespassing or burglary. It contributes to increasing security efficiency besides saving cost compared to conventional solutions. This new system, launched in Asia, supports multiple languages such as English, Thai, Malay, and more. Ken Arimura, General Manager of the Asia Pacific Sales Division at OPTEX, says: "It's an innovation in burglar alarm remote monitoring. For decades, alarm monitoring has conventionally been carried out by using monitoring software geared towards security professionals or by so-called graphic annunciators consisting of LED display maps, but their high costs and complexity of equipment have been hurdles for widespread general use in many places. GENIO Map Cloud provides a solution for those problems with the simplicity of cloud-based software that can be used at less than 1/10th the cost of conventional applications. There's no need to manage router settings or to have knowledge of complicated IP networking. If you have a web browser, anyone with permissions can log in and use the software. The benefits of this can really be felt in small or medium-sized facilities."   Product page: https://www.optex.co.jp/e/products/intrusion-detection/wireless-outdoor-alarm-system- GENIO/genio-map.html?utm_source=article&utm_medium=email&utm_campaign=kyodo202201&utm_id=kyodo202201 About OPTEX Co., Ltd. OPTEX Co., Ltd. began its history with the invention of the world's first passive infrared automatic door sensor. OPTEX has been providing No.1 global niche products and services to the world with sensing technology in the field of security, automatic doors, industrial equipment, measuring instruments, IoT and so on. Source: OPTEX Co., Ltd. --BERNAMA

Mawi DNA Technologies receives 2 ISO certifications

KUALA LUMPUR, Feb 15 -- Mawi DNA Technologies (Mawi), a leading biosampling collection company, has announced being awarded the ISO 9001:2015 Quality Management Systems and ISO 13485:2016 Medical Devices Quality Management Systems certifications.

Mawi developed and commercialised the iSWAB technology, an innovative system for collection of biosamples.

This internationally recognised standard signifies that Mawi has developed, maintains and continuously improves its business processes, which is accomplished by measuring and comparing business performance to appropriate quality standards.

The ISO certificate helps to improve business credibility and authority, as well as the overall efficiency of the business.

“Our company has and will continue to use the ISO standard in all processes and in the design and development of new products,” Jerome David, Mawi’s VP of Sales and Marketing said in a statement.

“The ISO certification ensures that our company meets the Federal Food and Drug Administration’s requirements and is the first major step to complying with European (EU) regulatory standards for obtaining CE Mark certification, which we expect to have by Q2 2022.”

Many products require CE marking before they can be sold in the EU.

Hanzel Lawas, Mawi’s QMS and Operations Manager said Mawi celebrated this certification as it supported many COVID-19 projects by maintaining an uninterrupted supply of 100 per cent USA-made innovative sample collection technologies.

Mawi’s mission is to uphold sample integrity at room temperature from anywhere in the world enabling true sample diversity across any geography or population segment.

For more information, visit www.mawidna.com.

-- BERNAMA

Blackstone declares €21 billion Mileway recapitalisation

KUALA LUMPUR, Feb 15 -- Blackstone, the largest owner of commercial real estate globally, has announced that existing investors in Mileway, its 14.7 million square metre pan-European last mile logistics company, have agreed to recapitalise the company for €21 billion alongside Blackstone’s Core+ strategy, and to hold the business for the long term. (€1 = RM4.734)

The recapitalisation remains subject to a ‘go-shop’ process which will commence immediately.

Over the past six years, Blackstone and Mileway’s management team have grown the company into the largest last mile logistics portfolio in Europe. Today it comprises over 1,700 high-quality, last mile logistics assets, amounting to 14.7 million square metres across 10 countries.

In connection with the recapitalisation, existing Mileway investors have been offered the opportunity to retain or increase their shareholding, or exit for cash. The large majority of capital for the recapitalisation is coming from existing investors, demonstrating their strong conviction in Mileway and the sector.

In a statement, James Seppala, Blackstone Head of Real Estate Europe said: “Together with the Mileway management team, we are proud to have built a premier portfolio of European, last mile logistics properties in the most sought-after locations.

“Logistics is one of our highest conviction themes globally and the sector continues to prove its resiliency and strong growth potential. We have delivered a tremendous result for our Blackstone real estate investors and look forward to continuing to create value for investors seeking Core+ returns over the long term.”

Mileway CEO, Emmanuel Van der Stichele said: “We have worked closely with Blackstone to create a coveted last mile logistics portfolio that better connects our customers to the businesses and communities they serve.

“Blackstone’s ongoing support will enable us to continue executing on our shared vision for Mileway, Europe’s premier last mile logistics company, as we implement our value enhancing initiatives and development plans in key urban locations across the UK and Europe.”

BofA Securities, Eastdil Secured International Limited, Goldman Sachs International, Jones Lang LaSalle Limited, JP Morgan Securities plc, Morgan Stanley & Co. International plc, and Rothschild & Co are serving as financial advisers to the existing investors. Simpson Thatcher & Bartlett LLP serves as legal adviser to Blackstone.

-- BERNAMA

Home EV charging spend exceeds US$16 billion globally by 2026 - Juniper Research

KUALA LUMPUR, Feb 14 -- A new Juniper Research study has found that spend on EV charging at home will exceed US$16 billion globally in 2026; up from US$3.4 billion in 2021. (US$1 = RM4.189)

This rapid growth in excess of 390 per cent over the next five years is being driven by the lower cost and convenience of home charging for EVs, rather than using costly and frequently inconvenient public charging networks.

Lack of access to home charging for urban residents is a major issue, but given EVs are currently high cost, the likelihood is that users will have access to off-street parking, according to a statement.

The research recommended that home charging vendors and automotive manufacturers form partnerships to make home charging central to future EV transitions; given the fragmented availability and high costs of public charging networks.

The new research, EV Charging: Key Opportunities, Challenges & Market Forecasts 2021-2026, found that by 2026, over 21 million households globally will charge using a home wallbox, from just two million in 2021, reflecting that while public charging networks are growing rapidly in terms of access, home wallboxes will experience very strong growth over the next five years.

Research author Nick Maynard explained: “Home wallboxes are convenient and lower cost than alternatives, with the onus being on both car manufacturers and governments to support home charging roll-outs to secure the future of electric mobility.”

The research found global hardware revenue from home charging wallboxes will reach US$5.5 billion in 2026, from just US$1.8 billion in 2021. The bundling of home wallboxes will incentivise users to take up specific charging points at the point of vehicle purchase.

The report recommended that EV charger manufacturers focus on partnerships with car manufacturers to accelerate adoption, or they will be overtaken by better-partnered manufacturers.

-- BERNAMA

AM BEST REMOVES FROM UNDER REVIEW WITH DEVELOPING IMPLICATIONS, AFFIRMS PVI INSURANCE CREDIT RATINGS

KUALA LUMPUR, Feb 14 (Bernama) -- AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of ‘bbb+’ (Good) of PVI Insurance Corporation (PVI Insurance) Vietnam.

The outlook assigned to these Credit Ratings (ratings) is positive, according to a statement.

The ratings reflect PVI Insurance’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

In addition, PVI Insurance benefits from rating enhancement from HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI V.a.G. or the HDI group).

The ratings of PVI Insurance were placed under review with developing implications on July 1, 2021, following an announcement by HDI Global SE that it had partially divested its shareholding in PVI Holdings, the immediate parent of PVI Insurance, to comply with a regulatory condition imposed by the State Securities Commission of Vietnam.

As a result of this shareholding change, the ultimate ownership of PVI Holdings’ total charter capital by HDI V.a.G. fell below 50 per cent; this caused uncertainty over PVI Insurance’s eligibility to continue receiving rating enhancement from AM Best in respect of its ownership, integration and support from HDI group.

The latest rating actions follow a period of further shareholding changes, which has seen the HDI group regain majority ultimate ownership of PVI Holdings. As a result of this, AM Best continues to afford rating enhancement to PVI Insurance in respect of its ultimate ownership by and the implicit support from the HDI group.

PVI Insurance’s balance sheet strength assessment is underpinned by risk-adjusted capitalisation that is expected to remain at the strongest level over the medium term, as measured by Best’s Capital Adequacy Ratio (BCAR).

AM Best views the company’s investment portfolio to be of moderate risk, with a majority allocation to cash and term deposits, albeit some exposure to higher-risk assets including affiliated private investments. 

The company’s business profile is assessed as neutral. PVI Insurance is the second-largest insurer in Vietnam’s non-life market by 2020 gross premium written with a market leading position in commercial and industrial lines of business, including property, engineering, marine, aviation and energy insurance.

More details at www.ambest.com.

-- BERNAMA

DECARBONISATION ROADMAPS WILL PIONEER ASIA’S FAIR ENERGY TRANSITION - BLACK & VEATCH

KUALA LUMPUR, Feb 14 (Bernama) -- Clear and ambitious decarbonisation roadmaps will help Asia achieve an equitable energy transition, yet more than 50 per cent of industry respondents in Black & Veatch’s 2022 Asia Electric Report lack such plans.

“As a global full-service infrastructure provider with technical and commercial expertise, Black & Veatch is working with clients across industries and regions to identify sustainable pathways that balance the necessity of adopting decarbonised solutions with maintaining competitive advantages and supporting economic growth.

“To meet the diverse energy needs of developed and developing Asia, key stakeholders will require different road mapping programmes, and related implementation support, to move initiatives from planning to execution stages in efforts to achieve fair and just energy transition objectives,” said managing director, APAC, Black & Veatch Global Advisory, Yatin Premchand.

According to a statement, key stakeholders include governments, financiers, utilities, energy companies, transportation and logistics providers, and large energy consumers.

As more integrated generation, transmission and distribution energy solutions will be needed to support Asia’s net-zero commitments, strategic decarbonisation planning and road mapping will facilitate the evaluation of existing and emerging technologies and steer decision-making over five, 10 and 20-plus year time horizons.

The future of energy will include harnessing natural resources like solar and wind power, hydro resources, new biofuels, battery chemistry and integrated vehicle charging infrastructure.

Green hydrogen is emerging as an alternative fuel of the future, given its potential in decarbonising power generation and transport, heating domestic and commercial buildings, and supporting industrial feedstock and hard-to-abate industrial processes.

Premchand will discuss other key strategies for a fair energy transition in Asia at the Economist Impact’s Sustainability Week Asia on Feb 14, during the panel discussion, ‘Power disrupted: A fair energy transition in Asia’.

More details at www.bv.com.

-- BERNAMA

Poloniex new Space Traveller programme offers up to 60 per cent commissions

KUALA LUMPUR, Feb 14 -- Poloniex, a global cryptocurrency exchange, has announced its brand new Space Traveller programme, enlisting community leaders, traders, influencers, as well as crypto lovers and enthusiasts as ambassadors to help connect Poloniex with more communities and generate brand awareness worldwide.

The Space Traveller programme integrates the previous volunteer and referral programmes, aiming at engaging local talents in different regions to grow together and share profits from Poloniex’s continuous development.

Notably, this new programme features a more generous and attractive commission system, according to a statement.

Based on the number of referrals and transaction volumes, there are four different levels of Travellers, namely Rocket Scientist, Moon Explorer, Mars Adventurer, and Sun Captain. The commission rate is up to 60 per cent, with 2nd tier commission available for Sun Captains.

“To accommodate Poloniex’s rapid development in global markets, we launch this new programme. We highly value each one’s contribution, and look forward to more talents joining us,” said Head of Marketing of Poloniex, Eddie Jiang.

Poloniex Space Travellers act as the bridge between users and the exchange, and should also assist in Poloniex’s development in various ways based on their own expertise, including but not limited to community management, content creation, event organisation, and social media promotion.

Travellers will receive additional rewards from Poloniex during the process, such as special swags, invitation to exclusive events, and online & offline campaigns budget support.

More details at https://poloniex.com.

-- BERNAMA

STONEBRANCH ANNOUNCES RECORD GROWTH IN 2021, WELL POSITIONED FOR 2022

Stonebranch posts unprecedented expansion and earnings driven by new enterprise customers, major product enhancements, and their new Integration Hub

ALPHARETTA, Ga., Feb 9 (Bernama-GLOBE NEWSWIRE) -- Stonebranch, a leading provider of service orchestration and automation solutions, announced its best year of growth and revenues in 2021, stimulated by new customer relationships, the launch of an enhanced Integration Hub, and the v7.0 release of the Stonebranch Universal Automation Center (UAC).

In 2021, Stonebranch added more new customers than ever before, fueling the company’s highest revenues since it was founded in 1999. These companies represent a large cross-section of industries — including finance, consumer packaged goods, and energy — yet many share a similar motivation to improve control, connectivity, and observability of automated workloads across increasingly complex hybrid IT environments.

“2021 was another great year for Stonebranch, and 2022 is poised to be even better,” said Giuseppe Damiani, CEO at Stonebranch. “More new enterprises added Stonebranch to their IT automation and orchestration tech stack than any other year in the history of the company. In addition, we continued to strengthen our existing client relationships, steadily maintaining a retention rate of over 99 percent. 2021’s strong performance is a testament to the expertise and dedication of our team. We’ve built a culture that’s focused on helping IT teams achieve what they require today, and what they’ll need for the future.”

The UAC enables enterprises to orchestrate automated IT processes and workloads in real-time across on-premises, cloud, and containerized environments. Stonebranch offers advanced solutions in cloud automation and data pipeline orchestration, which are further supported by new and enhanced third-party integrations available in the newly launched Integration Hub. This industry-leading marketplace offers downloadable extensions that connect the UAC with popular technologies, including:

·  Cloud service providers — Amazon AWS, Google Cloud Platform, Microsoft Azure
·  Data pipeline tools — Databricks, Informatica, Kafka, Snowflake
·  Developer platforms — Ansible, Docker, GitHub, Jenkins, Kubernetes, Red Hat OpenShift
·  Business applications — Microsoft Power BI and Teams, Oracle Peoplesoft, SAP, Slack 

http://mrem.bernama.com/viewsm.php?idm=42373

ADAGENE TO PARTICIPATE IN THE SVB LEERINK 11TH ANNUAL GLOBAL HEALTHCARE CONFERENCE

SAN DIEGO and SUZHOU, China, Feb 9 (Bernama-GLOBE NEWSWIRE) -- Adagene Inc. (“Adagene”) (Nasdaq: ADAG), a company transforming the discovery and development of novel antibody-based therapies, today announced that members of the company’s management will participate in one-on-one investor meetings and provide a corporate update at the SVB Leerink 11^th Annual Global Healthcare Conference, to be held virtually February 14-18, 2022.

Details on the presentation include:

SVB Leerink 11^th Annual Global Healthcare Conference
Presentation Date: Thursday, February 17^th, 2022
Time: 11:20 a.m. ET

A webcast of the presentation will be accessible in the Investors section of the company’s website at https://www.adagene.com for at least 30 days.

About Adagene
Adagene Inc. (Nasdaq: ADAG) is a platform-driven, clinical-stage biopharmaceutical company committed to transforming the discovery and development of novel antibody-based cancer immunotherapies. Adagene combines computational biology and artificial intelligence to design novel antibodies that address unmet patient needs. Powered by its proprietary Dynamic Precision Library (DPL) platform, composed of NEObody™, SAFEbody®, and POWERbody™ technologies, Adagene’s highly differentiated pipeline features novel immunotherapy programs. Adagene has forged strategic collaborations with reputable global partners that leverage its technology in multiple approaches at the vanguard of science.

For more information, please visit: https://investor.adagene.com. Follow Adagene on WeChat, LinkedIn and Twitter.

SAFEbody® is a registered trademark in the United States, China, Australia, Japan, Singapore, and the European Union.

Internal Contact:
Ami Knoefler
Adagene
650-739-9952
ir@adagene.com

External Contact:
Bruce Mackle
LifeSci Advisors
646-889-1200
bmackle@lifesciadvisors.com 

Source: Adagene, Inc. 

--BERNAMA

FPT SOFTWARE RECOGNISED OUTSYSTEMS TALENT PARTNER OF THE YEAR 2021

KUALA LUMPUR, Feb 10 (Bernama) -- FPT Software has recently been recognised as Talent Partner of the Year in the Asia-Pacific region by global-leading software firm OutSystems.

The company has won in OutSystems’ annual award programme for top-performing partners for two consecutive years, according to a statement.

Vietnam’s leading ICT firm was acknowledged for building the largest team of developers certified on the low-code platform, currently with 542 certifications.

In 2020, FPT Software was also named ‘Rising Star’ Partner of the Year in the Asia-Pacific region for developing strong centres of excellence and delivering effective digital transformation projects for clients worldwide.

“Low-code trends will continue to be on the rise in 2022, enabling companies to accelerate their time-to-market and stay agile in disruptive times,” said FPT Software Senior Executive Vice President and Chief Operation Officer, Tran Dang Hoa.

“FPT Software has been focusing on assembling a talented team with proven expertise to help businesses worldwide transform with the power of low-code. I’m pleased that our efforts were recognised by OutSystems and confident that our collaboration will bring greater value to the business community.”

The partnership between the two companies dates back to 2019 when FPT Software became the first Managed Services Provider of OutSystems.

Since then, FPT Software has developed low-code as one of its key competencies. The company provides a comprehensive range of services from development, operations to the maintenance of software applications on low-code platform.

More details at http://www.fpt-software.com.

-- BERNAMA

Toshiba new MOSFET gate driver IC will help reduce device footprints

KUALA LUMPUR, Feb 9 -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has released ‘TCK421G’ for 20V power lines as the first product in its new ‘TCK42xG Series’ of MOSFET gate driver ICs.

According to a statement, devices in the series are dedicated to gate voltage control of an external N-channel MOSFET, based on input voltage, and have an overvoltage lockout function.

TCK421G is suitable for configuring power multiplexer circuits or load switch circuits equipped with reverse-current blocking, in combination with a back-to-back connection of external N-channel MOSFETs.

It incorporates a charge pump circuit that supports a wide range of input voltages, from 2.7V to 28V, and supplies stable voltage to the gate-source voltage of external MOSFETs with its intermittent operation. This allows switching of large currents.

Housed in a WCSP6G package, one of the smallest in the industry, TCK421G realises high density mounting in small devices, such as wearable devices and smartphones, helping to reduce their footprint.

Toshiba will continue to develop the TCK42xG Series and plans to introduce six versions in all. The overvoltage lockout of TCK42xG Series will support an input voltage of 5V to 24V.

Two types of gate output voltage, 5.6V and 10V, will be made available, for different gate-source voltages in the external MOSFETs. The overvoltage lockout and gate output voltage can be selected, according to the user’s device.

With annual sales now surpassing 710-billion yen (US$6.5 billion), Toshiba Electronic Devices & Storage Corporation looks forward to building and contributing to a better future for people everywhere. (US$1 = RM4.184)

More details at https://toshiba.semicon-storage.com/ap-en/top.html.

-- BERNAMA

Hear, Hear: GN unveils brand new ReSound ONE hearing aids

KUALA LUMPUR, Feb 7 -- GN Hearing, the global leader in hearing aid innovation, has unveiled new ReSound ONE Behind-the-Ear models — powerful hearing aids that provide clarity in sound and convenient hands-free phone and FaceTime calls from iPhone and iPad.

GN Hearing Chief Executive Officer and President, Gitte Aabo said: “Nobody should feel limited by hearing loss. I’m delighted that more people can now benefit from Organic Hearing with these new ReSound ONE hearing aids. People with challenging hearing loss can now enjoy great sound and connect with loved ones more easily.”

GN Hearing expands the premium sound offering from ReSound ONE to help people with challenging hearing loss get the care and technology they need, with a truly individualised hearing experience.

The impressive ReSound ONE technology is proven to deliver clarity in all environments, even in noise, without unwanted feedback. Users can connect seamlessly with the world around them, whether in a busy restaurant or on FaceTime with a friend, according to a statement.

All solutions under the ReSound ONE family will offer hands-free calls for iPhone and iPad, and they also offer direct connectivity for iOS and Android.

Users can answer calls with just a tap on their hearing aid and enjoy conversations with outstanding sound quality — all without having to take their device out of their pocket.

Next to offering hands-free calls, the new ReSound ONE Behind-the-Ear styles deliver best-in-class rechargeability with more than a full day of use — up to 23 hours of use on just one charge — for worry-free use all day without the hassle of exchanging batteries on the go.

Built on the unique Organic Hearing philosophy, ReSound ONE Behind-the-Ear supports the brain’s natural ability to hear and delivers outstanding sound quality with technology adapted to each person’s individual needs, utilising advanced All Access Directionality to support spatial awareness in all environments and Ultra Focus to support optimal one-to-one communication in noise.

The new Behind-the-Ear styles join the popular ReSound ONE RIE (Receiver-in-Ear designs) with the ground-breaking M&RIE (Microphone & Receiver-In-Ear with an extra microphone in the ear canal) – all with new hands-free calls available from Feb 25, 2022.

The new rechargeable ReSound ONE Behind-the-Ear line includes standard and power hearing aids, which will be rolled out in the U.S. and globally from Feb 25, 2022, along with equivalent Beltone Imagine Behind-the-Ear models.

-- BERNAMA

George Clinical announces Gene Technology clinical research accreditation

KUALA LUMPUR, Feb 4 -- George Clinical announced the organisation has been accredited by the Australian Office of the Gene Technology Regulator (OGTR) which allows it to be a licence holder for studies involving the use of genetically modified organisms (GMOs).

The addition of this capability means that George Clinical can now, under the Gene Technology Act 2000 and Gene Technology Regulations 2001, undertake DIR (dealings involving intentional release) and DNIR (dealings not involving intentional release) licensing and execute studies inclusive of the required writing of DIR and DNIR applications as well as IBC (Institutional Biosafety Committee) review.

According to a statement, being OGTR-accredited enables George Clinical to hold a licence in the name of a sponsoring company.

With the significant number of innovations advancing drug development that involve GMO inputs and recognising the importance of ongoing advancement in this domain, George Clinical is well positioned to further extend our offerings to fully executing clinical GMO studies in Australia during all phases of development,” said Chief Business Officer, Sean Hart.

The Australian Office of the Gene Technology Regulator requires organisations undertaking work with GMOs to be accredited and strongly encourages these organisations to obtain accreditation as part of the risk management process for such studies.

This accreditation enables the OGTR to assess whether an organisation has the appropriate governance arrangements, resources and internal processes in place to effectively oversee work with GMOs.

George Clinical is a leading global clinical research organisation founded in Asia-Pacific driven by scientific expertise and operational excellence.

-- BERNAMA

Armor unlocks companies' constraints with new offerings

KUALA LUMPUR, Feb 3 -- Armor, the global cloud-native managed detection and response (MDR) leader, announces a bold and revolutionary model for securing customer environments that eliminates the challenges inherent in traditional approaches.

Armor’s new offerings leverage cloud-native cybersecurity platforms and IP sharing to unlock companies from traditional solutions while aligning to their digital transformation journey.

“Managed security service providers (MSSPs) lock companies into a proprietary model; if the business decides to change providers, they lose their data and tuning,” said Armor founder Chris Drake in a statement.

“Armor is here to challenge the traditional MSSP model and the DIY approach to cybersecurity which requires hard-to-find, expensive in-house talent.

“Security and compliance have grown more complex amidst cloud transition and digital transformation. Our cloud-native MDR approach is ideally suited to liberate customers to focus on growth and profits rather than the rigours of security and compliance—while maintaining their data valuable cybersecurity intelligence and tuning.”

Armor experts guide customers through the implementation and management of security and compliance with services to include Data Protection; Risk Management; and, Armor Cloud Protection and Compliance.

As a trusted partner to more than 1,500 firms in over 40 countries, Armor offers cybersecurity and compliance consulting, professional services, and managed services.

For more information, visit www.armor.com.

-- BERNAMA

Techtronic Industries Co Ltd over the moon on 2022 momentum

KUALA LUMPUR, Feb 4 -- Hong Kong-based global power equipment and floorcare & cleaning company Techtronic Industries Co Ltd (TTI or the Group) has announced being increasingly excited about momentum for 2022.

According to a statement, the company looks forward to sharing its 2021 full year results and 2022 outlook on March 2, 2022.

Given the market’s recent focus on inflation and the potential for interest rate hikes and supply chain bottlenecks, the company is delighted to report that it remains on track with its internal performance targets for the first half of 2022.

Based on its exciting innovative new product rollouts across all business units, aggressive investment in sales and marketing and its disciplined supply chain management and productivity initiatives, TTI is confident it will be able to deliver another year of strong performance.

Founded in 1985, TTI is a world leader in cordless technology spanning Power Tools, Outdoor Power Equipment, Floorcare and Cleaning Products for the consumer, professional, and industrial users in the home, construction, maintenance, industrial and infrastructure industries.

More details at www.ttigroup.com.

-- BERNAMA

LEDDARTECH DECLARES US$140 MILLION IN SERIES D FINANCING COMBINED WITH DEBT FACILITY

KUALA LUMPUR, Feb 4 (Bernama) -- LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, has announced a successful financing round with an investment of US$140 million, comprising a Series D first close of US$116 million and debt facility of US$24 million. (US$1 = RM4.180)

FS Investors led the financing round with the participation of Investissement Québec, BDC Capital, Go Capital, certain funds managed by Fidelity Investments Canada ULC, Fonds de solidarité FTQ, Export Development Canada, ams OSRAM, Desjardins Capital, UI Investissement, Cowen Investment II LLC and other LeddarTech management.

The debt facility was secured with Desjardins Group, according to a statement.

“The success of this round is a testament to the growth and industry recognition LeddarTech has achieved. I am delighted to welcome FS Investors as our most recent investors, who bring vast experience and expertise in the deep tech sector,” said LeddarTech Chief Executive Officer, Charles Boulanger.

“Our team and I look forward to working with FS Investors, our other new investors and our existing partners to enable our customers to significantly deploy our reliable and cost-effective ADAS and AD solutions across their brands and markets.”

This investment will accelerate the development and commercialisation of LeddarTech solutions. In addition, LeddarTech will use the funds to augment engineering resources to meet the demands from global OEM and Tier 1-2 automotive customers actively engaged with the company for sensor fusion and perception sensing solutions.

Cowen and Desjardins Capital Markets acted as co-advisers in this investment round.

Founded in 2007, LeddarTech has evolved to become a comprehensive end-to-end environmental sensing company by enabling customers to solve critical sensing, fusion and perception challenges across the entire value chain.

More details at www.leddartech.com.

-- BERNAMA

NATIONWIDE BUILDS A BETTER DIGITAL ONBOARDING EXPERIENCE WITH JUMIO

World’s largest mutual building society utilises Jumio’s AI-powered solutions to verify identity and age of new members

LONDON, Feb 3 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of AI-powered end-to-end identity orchestration, eKYC and AML solutions, has partnered with UK-based Nationwide Building Society to streamline the digital onboarding process for new members.

While Nationwide’s story dates back to the 19th century, the world’s largest mutual building society is constantly evolving to meet the needs of the communities it serves. One of these needs is the flexibility to open and manage accounts online without the use of a physical bank branch. Nationwide’s partnership with Jumio allows exactly this, offering a fast, convenient online application process for customers.

Jumio’s API uses a proprietary mix of AI, machine learning and other advanced technologies to determine if an identity document is authentic and belongs to the user. Jumio seamlessly integrates with Nationwide’s existing workflows to determine — through a simple API call — if applicants are who they say they are and allows Nationwide to make an informed decision about the applicant based on a variety of powerful fraud signals.

Jumio also verifies the age of Nationwide’s youngest members by extracting personal information, such as date of birth, from a wide variety of government-issued IDs, which can be used to calculate the current age of an applicant before allowing them to open a youth account.

Since integrating Jumio into its workflow, Nationwide has experienced more streamlined and efficient KYC processes, resulting in higher conversion rates.

“With Jumio we’re able to provide an end-to-end digital process for the majority of our customers,” said Carlo Mascia, Nationwide delivery lead. “The time it takes to open an account has been dramatically reduced, but the customer experience is the greatest win.”

“We are proud to partner with Nationwide as they help more than 15 million members save and prosper,” said Mark Reeves, Jumio’s VP of EMEA. “By using Jumio’s AI-powered solutions, Nationwide is able to provide a seamless digital onboarding experience to customers of all ages.”

To learn more about the partnership between Nationwide and Jumio, download our new case study.

To learn more about Jumio and its award-winning, AI-powered solutions, visit jumio.com.

About Jumio

When identity matters, trust Jumio. Jumio’s mission is to make the internet a safer place by protecting the ecosystems of businesses through a unified, end-to-end identity verification, eKYC and AML platform. The Jumio KYX Platform offers a range of identity proofing and AML services to accurately establish, maintain and reassert trust from account opening to ongoing transaction monitoring.

Leveraging advanced technology including AI, biometrics, machine learning, liveness detection and automation, Jumio helps organizations fight fraud and financial crime, onboard good customers faster and meet regulatory compliance including KYC, AML and GDPR. Jumio has carried out more than 500 million verifications spanning over 200 countries and territories from real-time web and mobile transactions.

Based in Palo Alto, Jumio operates globally with offices in North America, Latin America, Europe and Asia Pacific and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.

For more information, please visit www.jumio.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220202005114/en/ 

Contact

Europe Media Contact
Gemma Lingham
FleishmanHillard UK
gemma.lingham@fleishman.com
+44-752-569-9347

U.S. Media Contact
Diana Gallagher
10Fold Communications
jumio@10fold.com
408-656-9699

APAC Media Contact
Luke Nazir
FINN Partners
Luke.Nazir@finnpartners.com
+65 8139 2504

Source : Jumio

--BERNAMA

HEVĒ TO LAUNCH ‘ORIGINS’ A DIVISION DEDICATED TO ACCELERATING GROWTH FOR START-UPS

KUALA LUMPUR, Feb 3 (Bernama) -- HEVĒ, pronounced ‘heavy’, is a global and specialised creative agency and production studio built to create BrandStories.

Since its launch three years ago, HEVĒ has experienced rapid growth across industry sectors taking BrandStories to new heights. 

They has announced the launch of a new agency focus ‘ORIGINS by HEVĒ’ dedicated to innovative start-ups in the health, wellness, and fitness space.

On the new focus, Chief Executive Officer of HEVĒ, Chris Hercik, states “As individuals and brands, our origin story is the one thing that is unique and original to us. 

“HEVĒ’s origin story began with the idea that great stories carry great weight, and if you have the right trifecta of talent, you can truly focus on telling BrandStories less told and create meaningful impact for your business. Now, we are extending that same method to the origin stories of new entrants in the digital health market.”

Digital health has been experiencing historic growth as a category, but there is an agency gap. In response, HEVĒ developed a dedicated solution for early-stage companies to enter the market in a meaningful way. 

ORIGINS by HEVĒ will be headed up by seasoned health and wellness expert, Bill Stump as Senior Vice President of Growth Strategies, according to a statement.

Stump has over 20 years of deep media and agency experience, and an extensive background representing clients through his role as CEO and board member for digital physical therapy brand Egoscue Inc.

“Joining the HEVĒ team to pursue this growth venture with founder-led businesses is exactly what emerging health, wellness and fitness brands need today. HEVĒ is extending their historic storytelling expertise with iconic brands to smaller businesses with big aspirations, which could be a pivotal game changer for these emerging brands,” said Stump.

HEVĒ, The Global BrandStory Creators, is part of [INVNT GROUP]™.

More details at www.hevestudios.com.

-- BERNAMA