GE AWARDS PITNEY BOWES FOR INDUSTRIAL INTERNET INNOVATION AT THE GE MINDS + MACHINES EVENT

SAN FRANCISCO, Oct 1 (Bernama) -- GE (NYSE: GE) announced today that it has awarded Pitney Bowes (NYSE: PBI) an Industrial Internet Innovation (“INNIE”) Award at GE’s fourth annual Minds + Machines event.

Pitney Bowes was specifically recognized for Most Innovative Industrial Internet Solution. The Pitney Bowes enterprise team used GE’s Predix cloud-based platform for creating innovative Industrial Internet applications to create analytics-enabled asset performance management solutions for Pitney Bowes’ solutions and clients. GE is also working with Pitney Bowes on Location Intelligence and Data Quality applications, leveraging GE’s Predix platform, to be made available to GE’s other customers.

http://mrem.bernama.com/viewsm.php?idm=25378

​TUC FOUND TO INFRINGE ISOLA PATENTS

Jury Awards Isola $11.5 Million in Damages

CHANDLER, Ariz, Sept 30 (Bernama-GLOBE NEWSWIRE) -- Isola Groupannounced today that a jury in the U.S. District Court for District of Arizona found that Taiwan Union Technology Corporation (TUC) had directly and indirectly infringed key patents held by its U.S.-based subsidiary, ISOLA USA Corp. The products found to infringe were TUC's TU-872 laminate and prepreg products. The jury also unanimously found that Isola's patents were valid and that TUC's infringement was willful. 

http://mrem.bernama.com/viewsm.php?idm=25360

ACE UNVEILS BESPOKE INSURANCE SOLUTION FOR PRIVATE EQUITY/VENTURE CAPITAL FIRMS

SINGAPORE, Oct 1 (Bernama-BUSINESS WIRE)-- ACE Group announced the launch of Private Equity and Venture Capital Liability Insurance in Hong Kong and Singapore. The product offers market-leading coverage to address the evolving regulatory and volatile economic environments as well as increasingly complex deal structures.
 
Private Equity/Venture Capital companies face unprecedented exposures as they operate in increasingly demanding environments. The life cycles of Private Equity/Venture Capital companies can stretch from a firm at the early stage of raising funds to the later stage of an IPO exit or trade sale. The potential for dispute is broad given the diverse nature of the activities that can be involved in an investment as well as the complex interests of different stakeholders.

http://mrem.bernama.com/viewsm.php?idm=25381

A.M. BEST REVISES OUTLOOK TO STABLE FOR UNITED INDIA INSURANCE COMPANY LIMITED

HONG KONG, Sept 28 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlook to stable from positive and affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of United India Insurance Company Limited (UIIC) (India). 

http://mrem.bernama.com/viewsm.php?idm=25330

SAP APPOINTS TERRENCE YONG AS MANAGING DIRECTOR FOR MALAYSIA

 

Malaysian talent returns to lead SAP Malaysia towards enabling a Digital Malaysia
KUALA LUMPUR, Oct 1 (Bernama) -- SAP SE (NYSE: SAP) today announced the appointment of Terrence Yong as Managing Director for Malaysia. Yong was previously Vice President, Head of Sales for SAP Malaysia, where he undertook full responsibility for software related business for SAP Malaysia.  In this role, he was also responsible for scaling business and sales performance for SAP Malaysia.

In his new position as Managing Director for SAP Malaysia, Yong (pic) will lead sales, business strategy development and oversee SAP operations in Malaysia. He will also be responsible for helping businesses in Malaysia ‘run better and simpler’, as well as to continue building company bench strength for the future.

http://mrem.bernama.com/viewsm.php?idm=25370

THE 19TH SENIOR OFFICIALS COMMITTEE FOR THE ASCC (SOCA) AND THE 14TH ASEAN SOCIO-CULTURAL COMMUNITY (ASCC) COUNCIL MEETINGS KUALA LUMPUR, 5 - 7 OCTOBER 2015

KUALA LUMPUR, Oct 1 (Bernama) -- Kuala Lumpur will play host for two significant meetings of the ASEAN’s Socio-Cultural Community (ASCC) pillar for three consecutive days, from 5 until 7 October 2015. The two meetings consist of the 19^th Senior Officials Committee for the ASCC (SOCA) and the 14^th ASEAN Socio-Cultural Community (ASCC) Council.
 
The Opening Ceremony will be held on 7 October 2015 at the Shangri-La Hotel, Kuala Lumpur, the same day as the 14^th ASCC Meeting where all ASCC Ministers will deliberate and exchange views on issues that are related to the emerging socio-cultural trends, current challenges as well as the way to move forward prior to the realisation of the ASEAN Community by the end of 2015. The ASCC pillar coordinates 19 sectoral bodies which oversee the key areas of human development, social welfare and protection, social justice and rights, environmental sustainability, building an ASEAN identity and narrowing the development gap.

http://mrem.bernama.com/viewsm.php?idm=25380

HALCYON AGRI LAUNCHES HEVEAPRO BRAND NATURAL RUBBER

SINGAPORE, Oct 1 (Bernama-BUSINESS WIRE) -- Natural rubber supply chain manager Halcyon Agri Corporation Limited today announced the launch of its HEVEAPRO brand natural rubber, to be produced by the Company to demanding standards of quality, responsibility and sustainability.
 
Halcyon Agri is one of the world’s leading suppliers of the natural rubber essential for the production of vehicle tires, producing Technically Specified Rubber at its 14 facilities across Indonesia and Malaysia. Executive Chairman and CEO Robert Meyer commented: “We’re conscious that our natural rubber is used in products where quality, reliability and safety are critical but so too is sustainability and responsibility. We’re taking the lead by setting high standards for ourselves to produce a premium product for our customers. HEVEAPRO is not just about being “green” but a holistic view of what we produce and how we produce it”.

http://mrem.bernama.com/viewsm.php?idm=25377