STOCKHOLM, Sweden and PRINCETON, N.J., March 2 (Bernama-GLOBE NEWSWIRE) -- Nasdaq Inc. (Nasdaq:NDAQ) and Extraordinary Re signed a new market technology agreement for Nasdaq to deliver matching engine technology via the Nasdaq Financial Framework architecture. Extraordinary Re will deploy this technology through its patented Liquid Insurance Contract risk allocation platform. Extraordinary Re will also operate its system on a private cloud and leverage blockchain technology to transmit flow-through information to its participants. The go-live is targeted for summer 2018.
“The agreement with Nasdaq is an important milestone in our go-to-market plan,” said Will Dove, Chairman & Chief Executive Officer, Extraordinary Re. “Our innovative structure and technology will deliver new classes of risk to investors through a platform powered by Nasdaq’s market-leading technology.”
Extraordinary Re’s platform is embedded within a reinsurance entity. This allows Extraordinary Re to access a broad range of insurance liabilities to make them available for allocation among institutional investors. Extraordinary Re is creating a new pathway for insurers, reinsurers and managing general agencies around the world to access capacity from the Insurance Linked Securities (ILS) market. Extraordinary Re will enable its participants to reallocate insurance risks among themselves in a familiar format, powered by tested Nasdaq technology. By leveraging blockchain technology, Extraordinary Re will deliver granular and real-time data to its participants and expects to deploy other applications using this technology in the future.
“Extraordinary Re is helping bring a new way of thinking for institutional investors to the global reinsurance market and we are excited to work with them in bringing this vision alive through our technology,” said Paul McKeown, Senior Vice President, Market Technology, Nasdaq. “With the agility of the Nasdaq Financial Framework, we are able to provide a platform that can flexibly support new assets and new types of innovative markets, like Extraordinary Re. We look forward to expanding our relationship as they grow in this space.”
Nasdaq’s market infrastructure technologies, including trading, real-time risk, index, clearing, CSD and market surveillance systems are operated in more than 100 marketplaces, regulators, clearinghouses and central securities depositories across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.
http://mrem.bernama.com/viewsm.php?idm=31329
Friday, 2 March 2018
A.M. BEST AFFIRMS CREDIT RATINGS OF THE EDUCATION BENEVOLENT SOCIETY INCORPORATED
SINGAPORE, March 2 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of The Education Benevolent Society Incorporated (EBS) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect EBS’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.
EBS’s balance sheet strength is supported by risk-adjusted capitalization that is maintained at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR). The company has relatively low underwriting leverage and favorable balance sheet liquidity. However, its regulatory solvency margin is modest compared with other New Zealand health insurers.
EBS’ operating performance is adequate, but has been very sensitive to one-off expenses due to its small scale. Prospectively, A.M. Best expects the company to continue delivering neutral overall earnings with moderate volatility, supported by steady revenue growth, adequate product pricing and investment income.
EBS is a non-profit organization that provides medical insurance exclusively to the members and employees of the six educational unions that own the company. The company is a small-sized insurer in the New Zealand health insurance industry, with a market share of less than 0.4% based on in-force premiums. Although the membership has increased recently due to the development of new products, EBS’s competitive market position is still considered weak in its niche educational union sector.
EBS has a developed risk management program in place that is based on its current size and complexity. The company has demonstrated an overall adequate ability to address most of its risks, primarily through adequate pricing and by holding highly liquid assets in its investment portfolio. However, the company has some exposure to key person risk and relies heavily on its third-party distribution channel.
EBS is well-positioned for its current rating level. Negative rating actions may occur if there is significant deterioration in EBS’s operating results, or if its competitive market position in its niche education union sector is weakened.
http://mrem.bernama.com/viewsm.php?idm=31328
The ratings reflect EBS’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.
EBS’s balance sheet strength is supported by risk-adjusted capitalization that is maintained at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR). The company has relatively low underwriting leverage and favorable balance sheet liquidity. However, its regulatory solvency margin is modest compared with other New Zealand health insurers.
EBS’ operating performance is adequate, but has been very sensitive to one-off expenses due to its small scale. Prospectively, A.M. Best expects the company to continue delivering neutral overall earnings with moderate volatility, supported by steady revenue growth, adequate product pricing and investment income.
EBS is a non-profit organization that provides medical insurance exclusively to the members and employees of the six educational unions that own the company. The company is a small-sized insurer in the New Zealand health insurance industry, with a market share of less than 0.4% based on in-force premiums. Although the membership has increased recently due to the development of new products, EBS’s competitive market position is still considered weak in its niche educational union sector.
EBS has a developed risk management program in place that is based on its current size and complexity. The company has demonstrated an overall adequate ability to address most of its risks, primarily through adequate pricing and by holding highly liquid assets in its investment portfolio. However, the company has some exposure to key person risk and relies heavily on its third-party distribution channel.
EBS is well-positioned for its current rating level. Negative rating actions may occur if there is significant deterioration in EBS’s operating results, or if its competitive market position in its niche education union sector is weakened.
http://mrem.bernama.com/viewsm.php?idm=31328
LANTERN SHOW LIGHTS UP EAST LAKE OF WUHAN
WUHAN, China, March 1 (Bernama-AsiaNet) -- A long-awaited lantern show opened in the East Lake Park of Wuhan in central China on Feb. 23. Over 38,000 visitors spent a magnificent night on the first day of the opening, according to Wuhan East Lake Eco-Tourism Scenic Area Management Committee.
For Video and Hi-Res Images, please visit the Multimedia News Release: http://news.medianet.com.au/xinhua/lantern-show-lights-east-lake-wuhan-1
At 6 p.m., a large crowd had already gathered in the park square. A drone matrix were performing in the air, ending with fireworks that lit up the sky.
A dragon lantern that stretched nearly 200 meters caught everyone’s eyes. One hundred tourists were even invited to dance with the moving "dragon."
At 6:18 p.m., the huge dragon and another 51 huge colored lanterns were lightened simultaneously, turning the whole park into a wonderland.
Wandering about in the park, one can appreciate lanterns arranged in different areas under six themes, and have a taste of traditional Chinese culture.
At the gate, revolving palace lanterns, large and small, sent out new year blessings. Near the Tower of Long Days, a major building in the park, a 22.5-meter-high lantern was erected into the clouds - lions on four sides, weighing 15 tonnes, was full of arrogance and expected to set a Guinness world record for the highest festive lantern on the planet.
Smaller lanterns featuring Peking Opera figures and antique vases also attracted crowds. A dozen of lovely dog-shaped lanterns appeared in every corner of the park, bringing best wishes to children for the Lunar Year of the Dog.
In a section designed to promote traditional Chinese poetry and local culture, poems and Chinese characters were cleverly planted in each and every lantern. A 5-year-old girl who came with her parents was reciting a classic poem of Li Bai, a talented Tang Dynasty poet. In addition, local cultural relics and intangible cultural heritages were also shown by lanterns.
Technology also played a vital role in this year’s lantern show. Water curtain laser show and three-dimensional projection enriched the experience for the viewers. Robot tour guides answered questions patiently and nicely, which won them many fans instantly.
In the park, a Taiwan food carnival spiced up the atmosphere. Over 50 stallholders from Taiwan brought a total 110 different snacks from the island, which was a real treat for show goers.
The lantern show will run through to the end of March.
SOURCE: Wuhan East Lake Eco-Tourism Scenic Area
--BERNAMA
For Video and Hi-Res Images, please visit the Multimedia News Release: http://news.medianet.com.au/xinhua/lantern-show-lights-east-lake-wuhan-1
At 6 p.m., a large crowd had already gathered in the park square. A drone matrix were performing in the air, ending with fireworks that lit up the sky.
A dragon lantern that stretched nearly 200 meters caught everyone’s eyes. One hundred tourists were even invited to dance with the moving "dragon."
At 6:18 p.m., the huge dragon and another 51 huge colored lanterns were lightened simultaneously, turning the whole park into a wonderland.
Wandering about in the park, one can appreciate lanterns arranged in different areas under six themes, and have a taste of traditional Chinese culture.
At the gate, revolving palace lanterns, large and small, sent out new year blessings. Near the Tower of Long Days, a major building in the park, a 22.5-meter-high lantern was erected into the clouds - lions on four sides, weighing 15 tonnes, was full of arrogance and expected to set a Guinness world record for the highest festive lantern on the planet.
Smaller lanterns featuring Peking Opera figures and antique vases also attracted crowds. A dozen of lovely dog-shaped lanterns appeared in every corner of the park, bringing best wishes to children for the Lunar Year of the Dog.
In a section designed to promote traditional Chinese poetry and local culture, poems and Chinese characters were cleverly planted in each and every lantern. A 5-year-old girl who came with her parents was reciting a classic poem of Li Bai, a talented Tang Dynasty poet. In addition, local cultural relics and intangible cultural heritages were also shown by lanterns.
Technology also played a vital role in this year’s lantern show. Water curtain laser show and three-dimensional projection enriched the experience for the viewers. Robot tour guides answered questions patiently and nicely, which won them many fans instantly.
In the park, a Taiwan food carnival spiced up the atmosphere. Over 50 stallholders from Taiwan brought a total 110 different snacks from the island, which was a real treat for show goers.
The lantern show will run through to the end of March.
SOURCE: Wuhan East Lake Eco-Tourism Scenic Area
--BERNAMA
DU COLLABORATES WITH CISCO ON IP CORE NETWORK MODERNIZATION AND EXPANSION
New agile network is foundational for du’s rapid transformation into a digital ICT service provider; Supports plans for next-generation applications and services for the 5G era
BARCELONA, Spain, March 1 (Bernama-GLOBE NEWSWIRE) -- Mobile World Congress — UAE-based telco ‘du,’ from Emirates Integrated Telecommunications Company (EITC), and Cisco announced a collaboration to build a future-proof network that is designed to support du’s rapid transformation into a digital service provider. The announcement was made to coincide with Mobile World Congress 2018, being held 26 February to 1 March this year.
Demand for more bandwidth is rising exponentially as consumers and businesses embrace new digital applications, services and technologies. In order to meet this demand, du is replacing its existing IP core network with a scalable and 5G-ready infrastructure that will reduce network complexity and enable it to become a more agile and flexible market player.
du selected Cisco IP core network to modernize, expand and complete a seamless migration to virtualised and native cloud architecture. The network modernization will increase the capacity of the core network to 24 terabytes per node, making du’s network ready for ultra-broadband services. This enables du to offer next-generation digital services pertaining to augmented reality (AR) and virtual reality (AR), in addition to other new applications and services made possible by 5G.
Saleem Al Blooshi, EITC’s Chief Infrastructure Officer, said: “du is already supporting the realisation of the UAE’s Vision 2021 by empowering the digital economy and driving Dubai’s transformation into a smart city. 5G is going to play an important role in that. 5G is a phased approach and we will continue with trials until we officially launch it. With the deployment of a more scalable and agile network, we will be well-placed to support 5G, smart city services, the IoT and other new, innovative digital services.”
As both consumer and commercial 5G use cases gain traction, demand for mobile and ultra-fast broadband services continues to accelerate in the UAE. The expanded capacity of du’s network will help stimulate local innovation, particularly around the application of Artificial Intelligence (AI), smart city and IoT technologies, while supporting the country’s vision for a data-driven future.
Ali Amer, Cisco’s Managing Director of Global Service Provider for Middle East and Africa, added: “By working with Cisco, du’s 5G-ready network will deliver a more virtual and far more scalable infrastructure that forms the foundation for future solutions and new business opportunities.”
About du:
du is a vibrant and multiple award-winning telecommunications service provider serving 9 million individual customers with its mobile, fixedline, broadband internet, and Home services over its 4G LTE network. du also caters to over 100,000 UAE businesses with its vast range of ICT and managed services. Since its launch in 2007, du has many UAE firsts to its credit, including introduction of Pay by the Second® billing system, IPTV and self-service portal.
du is ideally placed to support the realisation of UAE Vision 2021 and transformation of Dubai into a Smart City. du is also the official strategic partner of the Smart Dubai Office and the platform provider for Smart Dubai. Following the successful testing of the Middle East’s first Internet of Things (IoT) network, du is on course to complete deployment of its IoT network in 2016.
Brand Finance ranked du as the 12th most valuable brand in the Middle East in 2016. du previously won the coveted Brand of the year title by Superbrands Middle East in 2013. The company has been recognised with several other awards such as ISO 27001 certification of Managed Security Services and having the distinction of opening UAE’s first LEED Platinum Certified Green Shop. du also has the unique distinction of the first telecom in the world to release Sustainability Report based on GRI-G4 guidelines in 2014. du is also credited with du’s world-class teleport is the largest of its kind in the Middle East and ranked among the top teleports in the world by World teleport Association.
du is 39.5 percent owned by Emirates Investment Authority, 19.75 percent by Mubadala Development Company PJSC, 19.5 percent by Emirates Communications and Technology LLC and the remaining by public shareholders. Listed on the Dubai Financial Market (DFM), the company trades under the name ‘du’.
About Cisco
Cisco (NASDAQ:CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow’s digital opportunity today. Discover more at thenetwork.cisco.com and follow us on Twitter at @Cisco.
Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
RSS Feed for Cisco: http://newsroom.cisco.com/rss-feeds
Cisco PR contact: Sherif Shafie, shshafie@cisco.com
Source : Cisco Systems, Inc.
--BERNAMA
BARCELONA, Spain, March 1 (Bernama-GLOBE NEWSWIRE) -- Mobile World Congress — UAE-based telco ‘du,’ from Emirates Integrated Telecommunications Company (EITC), and Cisco announced a collaboration to build a future-proof network that is designed to support du’s rapid transformation into a digital service provider. The announcement was made to coincide with Mobile World Congress 2018, being held 26 February to 1 March this year.
Demand for more bandwidth is rising exponentially as consumers and businesses embrace new digital applications, services and technologies. In order to meet this demand, du is replacing its existing IP core network with a scalable and 5G-ready infrastructure that will reduce network complexity and enable it to become a more agile and flexible market player.
du selected Cisco IP core network to modernize, expand and complete a seamless migration to virtualised and native cloud architecture. The network modernization will increase the capacity of the core network to 24 terabytes per node, making du’s network ready for ultra-broadband services. This enables du to offer next-generation digital services pertaining to augmented reality (AR) and virtual reality (AR), in addition to other new applications and services made possible by 5G.
Saleem Al Blooshi, EITC’s Chief Infrastructure Officer, said: “du is already supporting the realisation of the UAE’s Vision 2021 by empowering the digital economy and driving Dubai’s transformation into a smart city. 5G is going to play an important role in that. 5G is a phased approach and we will continue with trials until we officially launch it. With the deployment of a more scalable and agile network, we will be well-placed to support 5G, smart city services, the IoT and other new, innovative digital services.”
As both consumer and commercial 5G use cases gain traction, demand for mobile and ultra-fast broadband services continues to accelerate in the UAE. The expanded capacity of du’s network will help stimulate local innovation, particularly around the application of Artificial Intelligence (AI), smart city and IoT technologies, while supporting the country’s vision for a data-driven future.
Ali Amer, Cisco’s Managing Director of Global Service Provider for Middle East and Africa, added: “By working with Cisco, du’s 5G-ready network will deliver a more virtual and far more scalable infrastructure that forms the foundation for future solutions and new business opportunities.”
About du:
du is a vibrant and multiple award-winning telecommunications service provider serving 9 million individual customers with its mobile, fixedline, broadband internet, and Home services over its 4G LTE network. du also caters to over 100,000 UAE businesses with its vast range of ICT and managed services. Since its launch in 2007, du has many UAE firsts to its credit, including introduction of Pay by the Second® billing system, IPTV and self-service portal.
du is ideally placed to support the realisation of UAE Vision 2021 and transformation of Dubai into a Smart City. du is also the official strategic partner of the Smart Dubai Office and the platform provider for Smart Dubai. Following the successful testing of the Middle East’s first Internet of Things (IoT) network, du is on course to complete deployment of its IoT network in 2016.
Brand Finance ranked du as the 12th most valuable brand in the Middle East in 2016. du previously won the coveted Brand of the year title by Superbrands Middle East in 2013. The company has been recognised with several other awards such as ISO 27001 certification of Managed Security Services and having the distinction of opening UAE’s first LEED Platinum Certified Green Shop. du also has the unique distinction of the first telecom in the world to release Sustainability Report based on GRI-G4 guidelines in 2014. du is also credited with du’s world-class teleport is the largest of its kind in the Middle East and ranked among the top teleports in the world by World teleport Association.
du is 39.5 percent owned by Emirates Investment Authority, 19.75 percent by Mubadala Development Company PJSC, 19.5 percent by Emirates Communications and Technology LLC and the remaining by public shareholders. Listed on the Dubai Financial Market (DFM), the company trades under the name ‘du’.
About Cisco
Cisco (NASDAQ:CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow’s digital opportunity today. Discover more at thenetwork.cisco.com and follow us on Twitter at @Cisco.
Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
RSS Feed for Cisco: http://newsroom.cisco.com/rss-feeds
Cisco PR contact: Sherif Shafie, shshafie@cisco.com
Source : Cisco Systems, Inc.
--BERNAMA
A.M. BEST AFFIRMS CREDIT RATINGS OF GENERAL INSURANCE CORPORATION OF INDIA
SINGAPORE, March 1 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of General Insurance Corporation of India (GIC Re) (India). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect GIC Re’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.
GIC Re’s balance sheet strength reflects solid risk-adjusted capitalization that is supported by modest underwriting leverage compared with other global reinsurers. Its capital and surplus is sizable, standing at INR 485 billion (USD 7.5 billion) as of March 31, 2017.
The favorable business profile reflects the company’s solid market position in India. GIC Re is the country’s main reinsurer and holds a significant share of the reinsurance market. It continues to have close relationships with direct insurers in India, and regulations give it an advantage in obtaining reinsurance placements. In addition, GIC Re maintains a geographically diversified underwriting portfolio with access to a sizable amount of business outside of India.
An offsetting rating factor is the potential strain on GIC Re’s risk-adjusted capitalization due to increasing underwriting leverage, partly attributable to rapid growth in crop premiums. As part of a nationwide effort by India’s government to extend insurance coverage to farmers, crop insurance now comprises a substantial proportion of the market. GIC Re retains most of the risks pertaining to crop insurance. Additionally, because equities form a considerable proportion of the company’s investment portfolio, its capital and surplus could be volatile in times of stock market turbulence.
GIC Re is well-positioned at its current rating level. Negative rating momentum could result from material deterioration in the company’s risk-adjusted capitalization or operating performance.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
GIC Re’s balance sheet strength reflects solid risk-adjusted capitalization that is supported by modest underwriting leverage compared with other global reinsurers. Its capital and surplus is sizable, standing at INR 485 billion (USD 7.5 billion) as of March 31, 2017.
The favorable business profile reflects the company’s solid market position in India. GIC Re is the country’s main reinsurer and holds a significant share of the reinsurance market. It continues to have close relationships with direct insurers in India, and regulations give it an advantage in obtaining reinsurance placements. In addition, GIC Re maintains a geographically diversified underwriting portfolio with access to a sizable amount of business outside of India.
An offsetting rating factor is the potential strain on GIC Re’s risk-adjusted capitalization due to increasing underwriting leverage, partly attributable to rapid growth in crop premiums. As part of a nationwide effort by India’s government to extend insurance coverage to farmers, crop insurance now comprises a substantial proportion of the market. GIC Re retains most of the risks pertaining to crop insurance. Additionally, because equities form a considerable proportion of the company’s investment portfolio, its capital and surplus could be volatile in times of stock market turbulence.
GIC Re is well-positioned at its current rating level. Negative rating momentum could result from material deterioration in the company’s risk-adjusted capitalization or operating performance.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
Contacts
A.M. Best
Wesley Chia, +65 6303 5018
Financial Analyst
wesley.chia@ambest.com
or
Chi-Yeung Lok, +65 6303 5016
Director, Analytics
chi-yeung.lok@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Wesley Chia, +65 6303 5018
Financial Analyst
wesley.chia@ambest.com
or
Chi-Yeung Lok, +65 6303 5016
Director, Analytics
chi-yeung.lok@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Source: A.M. Best
SKYBOX SECURITY APPOINTS GERRY SILLARS TO LEAD ASIA PACIFIC REGION
SAN JOSE, Calif., March 1 (Bernama-GLOBE NEWSWIRE) -- Skybox™ Security, a global leader in cybersecurity management, today announced that Gerry Sillars has joined the company as Vice President of Asia Pacific. In his role, Sillars will be the cornerstone of the company's APAC operations, focusing on the continued expansion of Skybox's footprint in the entire region, as well as evolving the company's channel business. Skybox experienced 433 percent year-over-year growth in APAC for 2017 - including 350 percent growth in India. Sillars will increase hiring in APAC to further support the needs of customers and build on the company’s foundation of business. He will also focus on expanding regional distribution through resellers, system integrators and managed security service providers.
"Gerry is exactly the right person to help us manage and continue our growth in APAC,” said Stewart Fox, EVP of worldwide sales for Skybox. “His extensive background and network will help take our service provider and systems integrator businesses to the next level, both of which are pivotal to Skybox’s go-to-market strategy.”
"Gerry is exactly the right person to help us manage and continue our growth in APAC,” said Stewart Fox, EVP of worldwide sales for Skybox. “His extensive background and network will help take our service provider and systems integrator businesses to the next level, both of which are pivotal to Skybox’s go-to-market strategy.”
OMNICOMM SYSTEMS RECORDS SIGNIFICANT GROWTH IN CHINA
Signs 11th TrialOne® Contract in China in 14 Months
FORT LAUDERDALE, Fla., March 1 (Bernama-GLOBE NEWSWIRE) -- OmniComm Systems, Inc. (OTCQX:OMCM), a leading provider of patient-centric, clinical data management technology, signed four additional contracts in December 2017, to provide OmniComm's proprietary TrialOne clinic automation solution to several major hospitals and contract research organizations (CROs) in China.
OmniComm now has a total of 11 TrialOne clients in China, which were all signed since December 2016, when TrialOne made its debut in that market. The deals were sparked by a strategic partnership with Tri-I Biotech (Shanghai) Inc., a market-leading China-based solutions provider to the life sciences sector.
FORT LAUDERDALE, Fla., March 1 (Bernama-GLOBE NEWSWIRE) -- OmniComm Systems, Inc. (OTCQX:OMCM), a leading provider of patient-centric, clinical data management technology, signed four additional contracts in December 2017, to provide OmniComm's proprietary TrialOne clinic automation solution to several major hospitals and contract research organizations (CROs) in China.
OmniComm now has a total of 11 TrialOne clients in China, which were all signed since December 2016, when TrialOne made its debut in that market. The deals were sparked by a strategic partnership with Tri-I Biotech (Shanghai) Inc., a market-leading China-based solutions provider to the life sciences sector.
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