VERSA NETWORKS EXPANDS APAC AND JAPAN LEADERSHIP TEAM TO CONTINUE GLOBAL GROWTH AND MEET ACCELERATING APJ REGION DEMAND FOR VERSA SASE

Former Commvault Software Executive Rachel Ler Named Company’s First APJ Region Vice President

SINGAPORE, July 5 (Bernama-BUSINESS WIRE) -- Versa Networks, the recognized secure access service edge (SASE) leader, today announced it has named former Commvault Software and Dell Technologies executive Rachel Ler as its first Asia Pacific and Japan (APJ) Region Vice President. Ler joins Versa to lead the company’s expanding APJ team with a focus on sales and market expansion to meet rapidly increasing demand for Versa SASE in the region.

“I was attracted to Versa Networks by its uniquely integrated approach toward security and networking that delivers these comprehensive services simply to customers,” said Ler. “I am excited to join at this important time for Versa, as I see tremendous opportunity across the APJ region, especially in this highly fragmented technology space. I look forward to helping the team establish itself as the trusted advisor to customers and partners in the APJ region.”

Ler previously served as the Vice President and General Manager, Asia Pacific region for Commvault Software. She was responsible for driving sustainable sales growth with a focus on solution innovation and customer experience, including collaborating and strengthening Commvault’s broad and diverse partner ecosystem across all the distinct markets. She has a proven track record with more than 20 years of experience spanning direct and channel sales, as well as regional APJ leadership roles, at Dell Technologies, Hewlett Packard Enterprise, Nimble Storage, NetApp, IBM and Microsoft. Ler graduated from Nanyang Polytechnic with a Diploma in Information Technology, and holds a bachelor’s degree in Business Management from the Swinburne University of Technology in Melbourne, Australia.

“We are very excited to have attracted someone of Rachel’s caliber and experience to lead our APJ regional business,” said Martin Mackay, Versa Chief Revenue Officer. “Demand is increasing for Versa SASE as APJ organizations look to take advantage of the differentiated benefits offered by our uniquely integrated networking and security capabilities. We are committed over the long term to our customers in APJ, and under Rachel’s leadership we are excited about the growth we will enjoy in the region.” 

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GLOBAL CENTER ON ADAPTATION UNVEILS MAIDEN LOCAL ADAPTATION CHAMPIONS AWARDS

KUALA LUMPUR, June 30 (Bernama) -- The Global Center on Adaptation (GCA) has launched the first international Local Adaptation Champions Awards to spotlight and reward locally led adaptation initiatives.

According to a statement, these awards aim to reach local communities who are aware of solutions to adapt to the impacts of climate change, but lack the resources and power to scale such solutions up or implement them effectively.

“As the only international organisation dedicated to adaptation solutions for a climate resilient future, we witness how people and communities on the frontlines of climate change are often the most active and innovative in developing adaptation solutions,” said Professor Patrick Verkooijen, CEO of the Global Center on Adaptation.

“Our hope is that these Awards will help put communities and local actors at the centre of decision-making and funding for climate adaptation.”

Four winners in four separate categories – leadership; knowledge and capacity; local innovation and financial governance­ will be selected by a prestigious jury.

The winners will be awarded €15,000 each at an award ceremony to be held during COP 27 in Sharm El-Sheikh, Egypt, in November 2022. Applications are open until July 10, 2022. (€1 = RM4.596)

More details at www.gca.org/llachampions.

-- BERNAMA

BOSAGORA LAUNCHES BIZNET TO BUILD BUSINESS NETWORK

KUALA LUMPUR, June 30 (Bernama) -- BOSAGORA Foundation announced on June 29 that it has launched its unique BizNet for building and expanding the business ecosystem.

The BizNet launch announcement was streamed live on YouTube to ensure free communication with its users.

“With the launch of the BizNet, the value of BOA coins is expected to rise as it will create more efficient and richer network ecosystem. Through the BizNet, we will strive to move closer to BOSAGORA’s vision of ‘Making a Better World’,” said Kim In-hwan, President of BOSAGORA Foundation in a statement.

The blockchain network of BOSAGORA, the first initial coin offering (ICO) project in South Korea, aims to realise decentralised autonomous organisation by executing commons budget accumulated through active participation in the project by node operators via parliamentary activities and generation of blocks.

The Foundation developed the BizNet to provide a blockchain network that supports developers to easily learn and adapt to smart contracts, which are essential for delivering non-fungible tokens (NFTs) and DeFi.

The consensus engine of the BizNet is designed to provide a variety of conveniences, including compatibility with the Ethereum network, reduced latency time needed for finalising blocks, block generation cycle identical with the Ethereum network, and avoidance of inflation.

Moreover, its compatibility with the Ethereum network, which has the largest business ecosystem, is expected to contribute to the expansion of the business ecosystem of BOSAGORA as it allows for collaborations and combinations with various Ethereum-based global services.

The BizNet publishes Biz-BOA, its proprietary native token. Users can convert points or tokens accumulated by using services offered in the BizNet into Biz-BOA through the swap function of the BizNet. 

Based on the BizNet, the Foundation plans to sequentially launch S2E (Service-to-Earn) services including DeFi, P2E (Play-to-Earn), and M2E (Move-to-Earn), as well as NFT.

-- BERNAMA

ALR TECHNOLOGIES COMPLETES DEFINITIVE MANUFACTURING AGREEMENT WITH INFINOVO MEDICAL

KUALA LUMPUR, June 30 (Bernama) -- ALR Technologies SG Pte Ltd (ALRT or the Company) announced the completion of a definitive manufacturing agreement with Infinovo Medical Co Ltd (Infinovo) to manufacture and supply the Continuous Glucose Monitor (CGM) hardware that will be utilised as part of the ALRT GluCurve Pet CGM (the Manufacturing Agreement).

The Manufacturing Agreement gives ALRT, the diabetes management company, exclusive global rights to distribute the Infinovo CGM hardware for the animal health market, providing long-term production and supply. 

Subject to the satisfaction of all closing conditions it is expected that initial deliveries of product by Infinovo will be made during Q4 of 2022.

“Executing the Manufacturing Agreement with Infinovo marks another major milestone in our path to commercialisation and profitability,” said Sidney Chan, Chairman and CEO of ALRT in a statement.

“Our next targeted milestone is securing distribution for the ALRT GluCurve Pet CGM. We have been working with many of the largest global distributors and pharmaceutical companies in animal health, evaluating different distribution opportunities ranging from joint venture partnerships to sales and distribution agreements. 

“We believe we have narrowed in on the right company and right deal structure to best bring value to our shareholders and to those who care for diabetic pets. We hope to announce the details of this pivotal next step in the near future.”

The Manufacturing Agreement is subject to certain closing conditions including the completion of a distribution agreement with a third party by July 31, 2022.

More details at https://sg.alrt.com.

-- BERNAMA

JUNIPER RESEARCH: FUTURE DIGITAL AWARDS FOR FINTECH & PAYMENTS 2022 - NOW OPEN FOR APPLICATIONS

BASINGSTOKE, England, June 30 (Bernama-BUSINESS WIRE) -- Juniper Research is pleased to announce the opening of the Future Digital Awards for Fintech & Payments 2022! 

Since 2008, the Future Digital Awards have been presented to financial industry companies at the forefront of their respective fields: companies that deliver imaginative and innovative products or services that have the potential to disrupt their ecosystems and provide significant benefits to their target audience.

These awards aim to reward the most innovative vendors and solutions in the incredibly important fintech & payments market, in the context of an unprecedented digital transformation within payments. This year’s Future Digital Awards for Fintech & Payments cover the following categories: 

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USABC grants US$3.5 million technology development contract to Zenlabs Energy Inc

KUALA LUMPUR, June 30 (Bernama) -- The United States Advanced Battery Consortium LLC (USABC) has announced the award of a US$3.5 million technology development contract to Zenlabs Energy Inc in Fremont, California for a low-cost/fast-charge (LCFC) technology development. (US$1 = RM4.402)

“The low-cost/fast-charge contract award with Zenlabs is part of USABC’s broad battery technology research and development programme,” said Steve Zimmer, executive director of USCAR.

“Programmes like this are critical to advancing the technology needed to meet both near and long-term goals that will enable broader scale vehicle electrification.”

The contract award, which includes a 50 per cent cost share, funds a 24-month project that began earlier this year.

The programme will focus on electrolyte and active material development to form a stable passivation layer on the surface of both the anode and cathode, and address the remaining challenges associated with high-energy, high-power and low-cost silicon-dominant anode cells for EV applications.

This is Zenlabs’ third contract with USABC, according to a statement.

USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR). Enabled by a cooperative agreement with the U.S. Department of Energy(DOE), USABC’s mission is to develop electrochemical energy storage technologies that advance commercialisation of next generation electrified vehicle applications.

In support of its mission, USABC has developed mid and long-term goals to guide its projects and measure its progress.

-- BERNAMA

QUORUM SOFTWARE, SCHLUMBERGER IN NEXT GENERATION PLANNING AND ECONOMICS PARTNERSHIP

KUALA LUMPUR, June 30 (Bernama) -- Quorum Software (Quorum) announced entering into an agreement with Schlumberger to jointly integrate Quorum’s industry-leading Planning Space, a business planning and petroleum economics offering, with the FDPlan field development planning solution, which is enabled by the DELFI cognitive E&P environment.

The integrated solution will be offered directly by Schlumberger with Planning Space as its petroleum economics engine. As part of the agreement, Quorum will also acquire Merak planning, risk, and reserves software from Schlumberger.

“Quorum and Schlumberger have developed longstanding relationships with our customers and partners over decades of serving the energy industry,” said Gene Austin, Chief Executive Officer at Quorum in a statement.

“Bringing together our market-leading planning and economics solutions gives customers around the world access to the industry’s most complete technology ecosystem, backed by our team of energy experts.”

Meanwhile, Trygve Randen, Director Digital Subsurface Solutions at Schlumberger said: “The partnership between Quorum and Schlumberger will enable our customers to seamlessly integrate cross domain data and workflows, to accelerate decision making across planning, operations, and the boardroom.”

With the agreement effective immediately, Quorum and Schlumberger are already actively engaged with several major energy companies to enhance their performance and profitability through improved business planning across their organisation.

Quorum Software is a leading energy industry software provider worldwide, serving more than 1,800 customers across the entire energy value chain in 55 countries.

-- BERNAMA