Monday, January 31, 2022

GLOBAL PAYMENTS PROVIDER BLACKHAWK NETWORK PURCHASES MINORITY STAKE IN SINGAPORE-BASED REWARDS AND INCENTIVES COMPANY, WOGI

 Agreement will expand access to digital-first rewards, incentives and gift card content to select Southeast Asia markets


SINGAPORE, Jan 31 (Bernama-BUSINESS WIRE) -- As part of its mission to offer meaningful rewards on a global scale, Blackhawk Network has purchased a minority stake in Singapore-based rewards and incentives company, Wogi. The collaboration will accelerate the growth of rewards and incentives throughout Southeast Asia and provide solutions to the APAC businesses that are revisiting their rewards strategies as a result of the pandemic.

With Blackhawk’s investment, Wogi will now be able to offer a wider selection of gift card rewards, which have shown to be effective incentives for driving loyalty and motivation among shoppers and employees alike1.

“This investment will provide Blackhawk with greater access to digital-first rewards, incentives, and gift card content in the APAC regions such as Singapore, Hong Kong, Malaysia, Thailand, the Philippines, Vietnam and Indonesia, and provide Wogi with a more robust corporate framework benefiting from Blackhawk’s vast gift card network and solutions,” said Mark Singer, managing director of Asia Pacific, Blackhawk Network. “Digital rewards are highly popular in the APAC region, and there are numerous applications for organizations to leverage these rewards. For instance, businesses can leverage smart rewards and incentives to help boost topline revenue and streamline business processes by building engagement and boosting employee, partner and customer satisfaction.”

To date, Wogi powers rewards for more than 300 B2B and B2C companies with more than 700 gift card content and payment partners. By joining forces with Blackhawk, Wogi’s clients in APAC markets will have access to an even larger rewards portfolio — including original gift card content personalized for individual recipients — via its smooth CONNECT API and digital integration technology for seamless ordering, processing and delivery.

“With Blackhawk’s backing, we will have the opportunity to expand our offerings and seek out growth opportunities for our business and our clients’ businesses,” said Pavlina Atanasov, Wogi Founder and Senior Vice President. “Robust, modern reward programs can create significant competitive differentiation for organizations jockeying for valuable market share and by expanding our capabilities, we will help our partners — and our company — tap into the latest and greatest reward options.”

Visit www.wogi.biz for more information about Wogi’s enterprise solutions and digital products capabilities.

About Blackhawk Network

Blackhawk Network delivers branded payment solutions through the prepaid products, technologies and network that connect brands and people. We collaborate with our partners to innovate, translating market trends in branded payments to increase reach, loyalty and revenue. We reliably execute security-minded solutions worldwide. Join us as we shape the future of global branded payments. Learn more at www.blackhawknetwork.com.

About Wogi

Wogi empowers success by creating incentive driven behavior. We are a digital provider of rewards as a service, enabling rewards, loyalty & incentive programs in real-time for customers, employees, or channel partners via cashless payment products. The company offers a rich content portfolio of cashless products tapping into a digital (eco)system which connects consumer brands, local enterprises and end consumers. The company was founded in 2015. Learn more at www.wogi.biz.

1 “BrandedPay: How People and Brands Connect Through Payments” is based on the findings of an internet-based survey conducted by Leger on behalf of Blackhawk Network between February 12–March 17, 2020. The sample size included over 12,000 respondents in eight countries.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220130005002/en/

Contact

Ashley Jackson
The Fletcher Group
1.719.332.3495
ashley@fletchergroupllc.com

Source : Blackhawk Network

KLDISCOVERY INTRODUCES NEBULA SINGULARITY™ GLOBAL SUBSCRIPTION SERVICE



MCLEAN, Va., Jan 31 (Bernama-BUSINESS WIRE) -- KLDiscovery Inc. ("KLDiscovery", “KLD” or the “Company”), a leading provider of global electronic discovery, information governance and data recovery technology solutions, announced the launch of Nebula Singularity, its premier subscription service that was designed to benefit corporations seeking to globalize and standardize their eDiscovery processes.

Nebula Singularity is a simple, one-touch licensing option that provides customers with the power of Nebula’s flexible deployment models and workflow accelerators, anywhere they need it. Each Singularity subscription includes a Nebula Enterprise™ appliance for installation in the customer's data center, additional hosted subscription capacity in any of Nebula's worldwide SaaS deployments, on-demand Nebula Portable™ units, as well as access to KLD Client Portal, ReadySuite™, and more. Singularity allows for unparalleled functionality, global reach, and complete operational flexibility on a single unified platform for a simple, predictable price - all backed by KLDiscovery's incomparable customer service.

"Other offerings in the market today constrain customer choice in one or more ways, with limitations on geographic reach, delivery models, or functionality, or they force customers into complicated pricing schemes that make it difficult to assess true value. Singularity overcomes all of these," said Christopher Weiler, CEO of KLDiscovery Inc. "A technological singularity is a hypothetical point in time at which technological growth becomes uncontrollable and irreversible, resulting in unforeseeable changes to human civilization. With Nebula Singularity, KLDiscovery has created an eDiscovery and complex data solutions model that cannot be replicated by our competition."

About KLDiscovery

KLDiscovery provides technology solutions to help law firms, corporations and consumers solve complex data challenges. The company has 32 locations, 9 data centers and 17 data recovery labs across 19 countries and is a global leader in delivering best-in-class eDiscovery, information governance and data recovery solutions to support the litigation, regulatory compliance, internal investigation and data recovery and management needs of our clients. Serving clients for over 30 years, KLDiscovery offers data collection and forensic investigation, early case assessment, electronic discovery and data processing, application software and data hosting for web-based document reviews, and managed document review services. In addition, through its global Ontrack Data Recovery business, KLDiscovery delivers world-class data recovery, email extraction and restoration, data destruction and tape management. KLDiscovery has been recognized as one of the fastest growing companies in North America by both Inc. Magazine (Inc. 5000) and Deloitte (Deloitte’s Technology Fast 500) and CEO Chris Weiler was recognized as a 2014 Ernst & Young Entrepreneur of the Year™. Additionally, KLDiscovery is a Relativity Certified Partner and maintains ISO/IEC 27001 Certified data centers around the world. For more information, please email info@kldiscovery.com or visit www.kldiscovery.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220126006138/en/

Contact

Investor:
Dawn Wilson
703.520.1498
dawn.wilson@kldiscovery.com

Richard Simonelli
Simonelli Capital
202.450.9516
rsimonelli@simonellicapital.com

Media:
Krystina Jones
888.811.3789
krystina.jones@kldiscovery.com

Source : KLDiscovery Inc.

Sunday, January 30, 2022

SPURWING COMMUNICATIONS APPOINTS EMMA JENKINS-LEE AS MANAGING DIRECTOR

Jenkins-Lee joins to continue the agency’s growth as a leading specialist healthcare-focused communications advisor

Singapore, Jan 28 (Bernama-GLOBE NEWSWIRE) -- Spurwing Communications, an award-winning leader in strategic healthcare communications, has strengthened its team with the appointment of Emma Jenkins-Lee to its newly created role of Managing Director.

In her new role, Jenkins-Lee will spearhead Spurwing’s next phase of growth, drive client relationships and lead the team to consistently deliver communication campaigns that drive positive change and have tangible business impact. She will work closely with Spurwing’s founder and CEO, Emma Thompson, to shape the business.

Commenting on the appointment, Thompson said, “I am thrilled to welcome someone of Emma’s calibre to the team. She brings solid communications counsel and experience evident through her impressive client tenure track record and the agency growth she has delivered in the region over the past decade. The breadth and depth of the work Emma has done in the technology sector, and many others, will be invaluable to strengthening our offering, leading our team of integrated experts and taking the business to the next level. We’re hugely excited to benefit from her expertise and fresh perspective as we prioritise growth in 2022 and beyond.”

Spurwing delivers strategic communications programmes for clients in the healthcare, nutrition and food sectors and has grown rapidly since it was founded in 2015. From its headquarters in Singapore, and through its Global Health PR network, the team of 15 applies its specialist industry expertise to strategic corporate communications, medical communications and creative briefs. 

Friday, January 28, 2022

Western Union Company announces support for Tonga relief efforts

KUALA LUMPUR, Jan 27 -- The Western Union Company, a global leader in cross-border, cross-currency money movement and payments, has announced business and foundation support for communities impacted by the devastating volcanic eruption and tsunami in Tonga.

Western Union is waiving transfer fees for all international money transfers into Tonga through Feb 28, including digital and retail channel transactions.

Specifically, fees are waived on Westernunion.com in more than 75 countries, Western Union app in more than 55 countries or via global retail Agent network across more than 200 countries and territories.

Customers in Tonga may receive their money transfers in cash at Agent locations in-country. Currently, Western Union services are available in a limited capacity at Agent locations across the country, with more locations being reopened as the internet interruptions are resolved.

Customers are advised to check the Agent Locator for information on the nearest locations. Customers also have the option to receive mobile money transfers with Digicel.

In addition, the Western Union Foundation has pledged a donation as well as announced a fundraising appeal with agents and employees. Western Union employee donations to the Foundation will be eligible for a 2:1 match and Agent donations will be eligible for a 1:1 match.

The total contribution for this effort will be up to US$100,000, including donations from the Foundation and the contributions from employees and agents, with commitments exceeding US$50,000 to date. (US$1 = RM4.205)

“Our hearts go out to the people of Tonga and families of those impacted,” said Sohini Rajola, Head of Middle East and Asia Pacific, Western Union in a statement.

“As the country grapples with this tragedy, we hope this initiative will help support the much needed relief, by facilitating additional financial flows into the country.”

Meanwhile, Western Union Foundation Executive Director Elizabeth Roscoe said: "We stand in solidarity with the people of Tonga as they stay strong against the devastating impact of last week’s natural disaster.”

For more information, visit www.westernunion.com.

-- BERNAMA

FASTLY UNVEILS ON-DEMAND LEARNING CENTRE FASTLY ACADEMY

KUALA LUMPUR, Jan 28 (Bernama) -- Fastly Inc, the world’s fastest global edge cloud network provider, has announced unveiling its Fastly Academy, an on-demand learning centre designed to help customers sharpen their skills and curious developers looking for more information on its products and platform.

As pressure continues to mount for resource-constrained developer and engineering teams tasked with creating innovative new experiences in a digital-first world, Fastly Academy’s self-service, efficient learning environment equips teams with faster onboarding and reduced time-to-value as they build, secure, and deliver more powerful websites and applications.

“The Academy is ultimately about setting users up for success with the Fastly platform, and to help learners of all levels become more familiar with technology that unlocks better performance and security for digital experiences - without requiring a Fastly customer account,” said Kim Ogletree, Chief Customer Officer at Fastly in a statement.

“By giving teams access to various levels of coursework, the ability to set their own training cadence, and a view into individual account progress and course completion, organisations can standardise training at scale, allowing them to better leverage Fastly’s offerings to build fast, engaging, and safe digital experiences.”

Meanwhile, David Furey, Senior Engineering Manager at The Guardian, said: "At the Guardian, our engineering teams are continuously building and optimising technology that delivers important news fast and at-scale for our readers around the globe, and Fastly is a crucial part of our solution. That's why the Fastly Academy is an exciting new resource for our team.

“In the face of greater demand, higher end-user expectations, and increasing security challenges, we're now able to access self-paced and multi-level training on Fastly's products and services, ensuring our team can continue to move quickly and reimagine digital experiences at scale."

Fastly Academy includes training for all levels of learners, from beginners who are seeking foundational knowledge of the web, to advanced practitioners looking for more in-depth explanations of platform functionality across Fastly’s Deliver, Secure, and Compute product lines.

As the newest addition to Fastly’s educational ecosystem – including technical documentation and the Developer Hub – the Academy’s coursework is self-paced, interactive, and media-rich, with all training featuring a combination of video, text, and images.

For more information on Fastly’s mission and products, visit https://www.fastly.com.

-- BERNAMA

KLDISCOVERY LAUNCHES NEBULA ENTERPRISE™ SERVER-RACK APPLIANCE




MCLEAN, Va., Jan 28 (Bernama-BUSINESS WIRE) -- KLDiscovery Inc. (“KLDiscovery”, “KLD” or the “Company”), a leading provider of global electronic discovery, information governance and data recovery technology solutions, announced that it is launching a new Nebula Enterprise product line to accommodate its clients’ and partners’ geographic and data control needs.

Nebula Enterprise brings the power, flexibility, and enhanced feature set of Nebula® to customers’ data centers in a plug-and-play expandable appliance designed to address a myriad of security and compliance considerations. Nebula Enterprise models are available in a wide range of capacities, addressing a wide range of use cases. For example, five terabyte units are ideal for corporations or law firms seeking a small scale, low maintenance, in-house eDiscovery capability, while capacities up to 100 terabytes can make up a large eDiscovery vendor’s entire technology stack.

“Widespread public cloud adoption among eDiscovery software providers has effectively limited the choices available to customers who have unique geographic, security, or other business constraints. Meanwhile, many eDiscovery software providers have made architectural decisions that effectively lock them and their customers into the public cloud,” said Christopher Weiler, CEO of KLDiscovery Inc. “We believe the market is best served by maximizing flexibility in deployment models for our clients and partners. With Nebula Enterprise, we have chosen to serve those with unique requirements with the same high-performance, cutting-edge, eDiscovery platform available in the cloud, packaged as a high-availability, self-healing appliance.”

About KLDiscovery

KLDiscovery provides technology solutions to help law firms, corporations and consumers solve complex data challenges. The company has 32 locations, 9 data centers and 17 data recovery labs across 19 countries and is a global leader in delivering best-in-class eDiscovery, information governance and data recovery solutions to support the litigation, regulatory compliance, internal investigation and data recovery and management needs of our clients. Serving clients for over 30 years, KLDiscovery offers data collection and forensic investigation, early case assessment, electronic discovery and data processing, application software and data hosting for web-based document reviews, and managed document review services. In addition, through its global Ontrack Data Recovery business, KLDiscovery delivers world-class data recovery, email extraction and restoration, data destruction and tape management. KLDiscovery has been recognized as one of the fastest growing companies in North America by both Inc. Magazine (Inc. 5000) and Deloitte (Deloitte’s Technology Fast 500) and CEO Chris Weiler was recognized as a 2014 Ernst & Young Entrepreneur of the Year™. Additionally, KLDiscovery is a Relativity Certified Partner and maintains ISO/IEC 27001 Certified data centers around the world. For more information, please email info@kldiscovery.com or visit www.kldiscovery.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220126006136/en/


Contact

Investor Contacts
Dawn Wilson
+1 703.520.1498
dawn.wilson@kldiscovery.com

Richard Simonelli
Simonelli Capital
+1 202.450.9516
rsimonelli@simonellicapital.com

Media Contact
Krystina Jones
+1 888.811.3789
krystina.jones@kldiscovery.com

Source : KLDiscovery Inc.

Mattel declares multi-year global licensing agreement for Disney Princess, Frozen franchises


KUALA LUMPUR, Jan 27 -- Mattel Inc has announced a multi-year global licensing agreement for the Disney Princess and Frozen franchises.

Mattel will have the global licensing rights to develop lines of toys for Disney Consumer Products, Games and Publishing, including fashion dolls, small dolls, and figures. The collection is expected to launch at retailers globally at the beginning of 2023.

“We are incredibly proud to welcome back the Disney Princess and Frozen lines to Mattel,” said Mattel President and Chief Operating Officer, Richard Dickson in a statement.

“As the worldwide leader in dolls, we look forward to bringing our unique Mattel Playbook approach to brand management, product and marketing expertise, and unrelenting attention to detail and quality to create innovative and inspiring lines for these iconic stories and characters.”

The new licensing arrangement builds on the existing licensing relationship between Mattel and Disney for Pixar Animation Studio’s Toy Story and Cars franchises, and the recently announced global licensing agreement for Lightyear.

“By furthering our longstanding relationship with Mattel, we look forward to expanding the worlds of Disney Princess and Frozen, introducing an innovative new era of these beloved franchises through captivating products and play opportunities,” said President of Disney Consumer Products, Games and Publishing, Stephanie Young.

Through the agreement, Mattel will develop dolls based on Disney Princess including Aladdin, Beauty and the Beast, Brave, Cinderella, The Little Mermaid, Mulan, Pocahontas, The Princess and the Frog, Sleeping Beauty, Snow White and the Seven Dwarfs, Tangled, and Disney Frozen.

-- BERNAMA



Thursday, January 27, 2022

MetricStream introduces ConnectedGRC solutions addressing urgent business challenges

KUALA LUMPUR, Jan 26 -- MetricStream, the global market leader in integrated risk management (IRM) and governance, risk, and compliance (GRC), has announced ConnectedGRC solutions that address today’s most urgent business challenges related to risk, compliance, audit, cyber risks, and environmental, social, governance (ESG).

According to a statement, over the last 24 months, organisations have been challenged by a rapid increase of cybersecurity risks, business disruptions, regulatory pressures, and a constantly evolving need to demonstrate responsible business practices.

MetricStream’s connected GRC software solutions are designed for professionals seeking a single, intuitive platform that enables enhanced collaboration, information sharing, and a quantitative approach to risk management.

The old ways of managing risk siloed, compartmentalised, and manual are no longer effective or efficient. Risk is pervasive, stretching across the enterprise, said Chief Executive Officer, MetricStream, Bruce Dahlgren.

“It’s time for leaders to manage, embrace, and thrive on risk by breaking down silos and implementing a Connected GRC strategy that becomes a single source of truth to make more strategic business decisions.”

ConnectedGRC is powered by MetricStream Intelligence which includes embedded best practices, deep domain capabilities, artificial intelligence (AI) powered real-time insights, and risk quantification capabilities.

Designed to address the primary challenges for today’s GRC professionals, ConnectedGRC offers three distinct product lines with a rapid time to value: BusinessGRC, CyberGRC, and ESGRC.

These solutions are available for organisations to buy in three preconfigured packages – Prime, Premium, and Enterprise – that offer simple pricing, flexibility, and scalability organisations require as their GRC programmes diversify and grow.

More details at www.metricstream.com.

-- BERNAMA

UVD Robots, Ecolab join forces to fight hospital acquired infections






KUALA LUMPUR, Jan 26 -- As new coronavirus variants spread, the growth in demand for infection prevention solutions using UV-C light is projected to reach US$18.94 billion by 2030, witnessing an annual growth rate of 59.7 per cent from 2021 to 2030. (US$1 = RM4.189) 

Further fuelling the demand is the rise in hospital acquired infections (HAIs) globally causing more fatalities due to the increase in antibiotic resistance from even simple infections.

Autonomous UV-C disinfection robots have emerged as a solution to supplement standard cleaning and disinfection practices to address HAIs and heightened hygiene requirements due to the COVID-19 pandemic.

The UVD Robot is a mobile, fully autonomous robot using UV-C light to kill viruses and bacteria, providing a supplemental infection control and prevention solution.

As a global leader in infection prevention solutions and services, Ecolab is driven to help health systems and hospitals improve patient outcomes and realise clinical, operational and financial value through a programmatic approach to ensure staff and facility hygiene.

According to a statement, Ecolab has expanded its global portfolio of infection prevention solutions to include UVD Robots, in its offerings for healthcare customers, including care hospitals, in-patient and out-patient clinics, ambulatory surgical facilities, and rehabilitation clinics and other care facilities.

“The UVD Robot solves the challenges of repositioning and minimises shadowing which have previously hindered the comprehensive application of UV-C disinfection, while providing 24/7 access to real-time compliance and efficacy reports of the disinfection procedures,” says Claus Risager, Chairman of the Board of UVD Robots and CEO at Blue Ocean Robotics.

UVD Robots is a subsidiary of one of the world's leading groups in the development of service robots for professionals, Blue Ocean Robotics.

-- BERNAMA


RONNIE SCREWVALA & INDU SHAHANI COME TOGETHER TO FORM INDIA'S PREMIER SKILLTECH UNIVERSITY - ATLAS


Stellar Advisory Board to power New Age Degrees & Careers for Jobs of the Future


HONG KONG, Jan 27 (Bernama-BUSINESS WIRE) -- Launched on Independence Day 15th August 2021 - and having had its first Advisory Board meeting on Republic day 26th January 2022 - ATLAS SkillTech University - Maharashtra’s first - is a new addition to the city of Mumbai, situated in the heart of the city’s commercial district, with a vision of global excellence.

Yesterday its Advisory Board met to spell out the vision, scale and ambition to make this a premier institution in India in the next 4 years. The Advisory Board is a who’s who of corporate and education leaders worldwide. Deepak Parikh (HDFC) as Chairman, Dr. Indu Shahani (Founding President ATLAS), Ronnie Screwvala & Mayank Kumar (upGrad), Ram Raghavan (Colgate), Keshav Murugesh (WNS), Karan Singh (Bain), Vivek Pandit (McKinsey), Jamil Khatri (KPMG), Anant Goenka (CEAT), Anjali Bansal (Avana), Aryaman Birla (Aditya Birla group), Sanjay Gurbaxani (Mondelez), Prof Russ Winter (NYU-Stern), Prof Tim Marshall (RMIT), & Carol Kim (Parsons).

Guided and buoyed by the National Education Policy - ATLAS has committed to creating a world-class outcome in curriculum, academic excellence, and experiential learning in five very critical and future-ready verticals namely: (A) Design & Creativity (B) Digital content & Gamification (C) Media & Communication (D) Digital Technology and Data (E) Management and Entrepreneurship. The founding batch which commenced in August last year has students from across 22 States - 50% of them came from Maharashtra. Applications for the year about to commence have seen a resounding interest and should cross 10,000 from which the batches will be shortlisted and selected. The generous ATLAS Scholarships Program will enable highly meritorious students from all walks of life to achieve their dreams.

To support this, ATLAS now has over 150 Faculty members that are slated to double over the next 18 months. Over 400 Education institutions and schools refer their students to ATLAS and no less than 250 corporates will come to Campus for placements, career options and other tie-ups.

upGrad has committed USD 20 Million in the first phase to build out ATLAS SkillTech University - a not-for-profit - and will continue to support its growth in the years to come.

“Our joint vision is to see ATLAS in the top 5 Universities in the country, a centre for global excellence and we are committed to build and to upskill our young adults for the careers of tomorrow as India heads into the Fourth Industrial Revolution - where innovation and creativity not labour arbitrage will be at the core,” said Ronnie Screwvala Co-founder and Chairperson of upGrad.

“The world of work has evolved dramatically, altering the prominence and hierarchy of education as well as skills, across the globe; calling for a highly agile and resilient workforce. Our unique model and industry integrated location will enable ATLAS to become a globally ranked urban innovation university bringing together renowned faculty, learning companies and talented students to deliver resilient education & transforming our students to responsible leaders of tomorrow,” says Dr. Indu Shahani, Founding President and Chancellor, ATLAS SkillTech University.

ATLAS has some of the most meaningful relationships with the world’s leading institutions - Parsons School of Design (NY), Vancouver Film School, London School of Economics (LSE), Kings College (UK) and University of Arts London, to name a few.

About upGrad:

upGrad - started in 2015 - is a pioneer in the online education revolution, focused on powering career success for a global workforce of over 1.3 billion. It is one of the few Integrated LifeLongLearning Tech Companies in the world - spanning the college learner to the working professional from the age group of 18-50 years and across Undergrad courses, Campus & JobLinked Programs, Studying Abroad, short form to executive programs to Degrees, Masters and Doctoral - with a learner base of over 2 million across 50 countries and over 300 Univ partners & a robust enterprise business with a client base of 1000 companies worldwide.

upGrad’s Global Learning Engine rests on four pillars - (a) its large repository of original & owned content and IP - (b) its own best-in-class proprietary tech platform - (c) its high touch human-led delivery service backed by coaches & mentors - and - (d) an 85% course completion track record, backed by a further 80% career outcomes guaranteed performance.

Already termed Asia’s higher EdTech leader it has offices in the UK, US, Middle East, India, Singapore & Vietnam and presence in many more countries.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/52568204/en 

Contact

upGrad | Neha Prasad | Asst. Manager – PR | neha.prasad@upgrad.com

Source : upGrad

Moore Nanotechnology Systems releases next generation ultra-precision machining platform

KUALA LUMPUR, Jan 25 -- Moore Nanotechnology Systems (Nanotech), a leading global supplier of ultra-precision machining systems, has announced the release of their next generation ultra-precision machining platform, the 250UPL MP.

According to a statement, this solution is configurable for all sub-nanometer, ultra-precision Single Point Diamond Turning (SPDT), grinding and milling applications.

Optical mold-tool makers demand higher-quality surface finishes to support the fidelity of optical systems now common in smart phone, AR/VR/MR and automotive applications.

Nanotech President and Chief Executive Officer, Mark Boomgarden, explained: “We work with the leading camera-module and optical-component suppliers around the world to gain mid and long-term insight to their product and technology requirements, which is then used as input to our own multi-year development roadmap.”

“Building upon years of success in this segment, our technical staff stepped up to the challenge and delivered Nanotech’s 250UPL MP. This is one of many new product innovations you will see from Nanotech over the next 12-18 months.”

Meanwhile, Nanotech Vice President of Sales, Scott Gerhart commented further: “Over the last six months, we’ve been shipping the 250UPL MP to select market-leading companies around the world, and the feedback has been overwhelmingly positive.”

The current generation of ultra-precision machines in use today has reached the maximum potential. A clean-sheet design was required to break through to the next level of performance, and Nanotech’s 250UPL MP meets and exceeds these requirements.

Moore Nanotechnology Systems (Nanotech) was founded in Keene, NH in 1997 as a stand-alone subsidiary of the Moore Tool Company.

More details at www.nanotechsys.com.

-- BERNAMA

Wednesday, January 26, 2022

HERE-Transsion partnership to enhance location accuracy experience for smartphone users

KUALA LUMPUR, Jan 25 -- HERE Technologies, the leading location data and technology platform, announced that Transsion, has selected HERE Network Positioning to improve its location accuracy capabilities in emerging markets such as Kenya, Nigeria, Ghana, Bangladesh, India, Pakistan, Indonesia and Thailand.

Director and Head of Business for Greater China at HERE Technologies, Sammie Xi said: “Transsion is taking a big step forward in enhancing the quality of data within emerging economies.

“This is truly meaningful and inspiring. We’ve seen how the pandemic has profoundly impacted our lives, economies, and the global digital landscape. We are immensely proud to support Transsion in providing a more inclusive connected world for consumers.”

Meanwhile, Assistant President at Transsion, Robin Wang said: “As a technology company with a focus on global emerging markets, we’ve long been committed to supporting local communities there. We’ve decided to deploy with HERE because they have presented a stand-out, compelling solution for markets that lack advanced infrastructure such as Africa and India.”

By deploying HERE Network Positioning, Transsion, the leading provider of smart devices and mobile services in global emerging markets, will be able to identify accurate positioning of its devices both indoors and outdoors, according to a statement.

This works especially when satellite signals of Global Positioning System (GPS) are not available, such as when the device is located indoor or the GPS signals are blocked by objects.

As a result, Transsion will enable its smartphone users to locate devices, people, and objects faster, with higher precision and confidence. 

HERE Network Positioning enables Transsion to gain an edge over its competitors by providing its users with more accurate calculations of estimated times of arrivals (ETA) and precise pick-up and drop-off locations.

End users of Transsion will also benefit from more accurate positionings which may otherwise be affected due to the presence of buildings, trees, tunnels, bridges and atmospheric conditions that can put direct drivers to wrong locations.

More details at www.here.com.

-- BERNAMA

VENDING MACHINES INTERNATIONAL SECURES SGD 135 MILLION CAPITAL COMMITMENT FROM GLOBAL EMERGING MARKETS (GEM) AS COMPANY SEEKS TO GO PUBLIC





Table
 
(Photo: Business Wire)


The Company Seeks to Go Public in the coming year via Reverse Merger, or Traditional IPO on the Singapore Stock Exchange or The Australian Stock Exchange

SINGAPORE, Jan 26 (Bernama-BUSINESS WIRE) -- Vending Machines International (VMI), today announced a SGD 135 Million capital commitment from GEM Global Yield LLC SCS ("GGY"), the Luxembourg-based private alternative investment vehicle.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220125006251/en/
 
Under the agreement, GGY will provide VMI with a Share Subscription Facility of up to SGD 135 million for a 36-month period following a public listing of VMI’s common stock. VMI will control the timing and maximum amount of drawdowns under this facility and has no minimum drawdown obligation.

“VMI is very pleased to be selected by the GEM Group to receive this investment. It is a credit to the GEM management that they very quickly grasped that the world is moving to remove single use plastics from the supply chain. VMI is extremely well placed to take advantage of this transition. With GEM’s funds to strengthen the VMI balance sheet VMI will be able to assist the beverage industry by offering a viable alternative to single use plastic bottles on a global scale. This funding will broaden our global reach and further enhance our research and development facilities as we continue to interact with the world’s largest beverage companies.”
Leicester Chatfield – Founder and CEO

About VMI

Vending Machines International Pte Ltd (VMI) is a Singapore-registered entity providing unique solutions in water distribution with zero plastic waste. Established in 2015, VMI has successfully developed its own water dispensing kiosk network in Australia designed to fully understand how to interact with their customers and to test the VMI technology. In the next stage of its development, VMI is pivoting to a highly scalable white-label and licensing strategy which is underpinned by strong interest from international FMCG brand owners.

Global FMCG companies have switched to other forms of packaging like tin cans, glass bottles, paper boxes, etc; however, these materials come with trade-offs. Mining aluminium, for example creates toxic waste. Glass bottles also have a carbon footprint from their energy-intensive production process, and their heavier weight means that they also create more emissions during transportation than plastic. Thus, refilling reusable bottles is the only low-impact option. It is time for the world to switch from “disposable” and “recyclable” to “reusable” solutions and VMI is very well placed to be a world leader in this endeavour.

VMI’s Head office is in Singapore. Thailand is the company’s base for manufacturing, our inhouse software development and a large, experienced research and development team.

VMI also has an operation in Australia focusing on the Australasian market. VMI also has a research and development team who have developed the world’s first water vending machine which never needs refilling as it extracts its water from the atmosphere.

About GEM

Global Emerging Markets (“GEM”) is a $3.4 billion, Luxembourg-based private alternative investment group with offices in Paris, New York and The Bahamas. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 480 transactions in over 70 countries. Each investment vehicle has a different degree of operational control, risk- adjusted return, and liquidity profile. The family of funds and investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities and select venture investments. For more information: http://www.gemny.com

View source version on businesswire.com:
https://www.businesswire.com/news/home/20220125006251/en/

Contact

VMI
Mr. Leicester Chatfield
lc@vmi.asia

Global Emerging Markets
Mr. Jean-Luc Bonnefoy
jbonnefoy@gemny.com

Source : Vending Machines International Pte Ltd

2022 JAPAN PRIZE WINNERS REVEALED

KUALA LUMPUR, Jan 25 (Bernama) -- The Japan Prize Foundation has announced the winners of the 2022 Japan Prize on Jan 25.

Prof Katalin Kariko (Hungary/USA) and Prof Drew Weissman (USA) are co-winners of the Japan Prize in the field of ‘Materials and Production’, and Prof Christopher Field (USA) has been awarded the Japan Prize in the field of ‘Biological Production, Ecology/Environment’.

With this year's prize, Kariko and Weissman are being recognised for their pioneering research contributing to the development of mRNA vaccines.

Meanwhile, Field is being recognised for his outstanding contributions to the estimation of global biospheric productivity and climate change science using advanced formulae based on observation.

This year, the Foundation asked approximately 15,500 prominent scientists and engineers from worldwide to nominate researchers working in this year's fields, and it received 208 nominations in the field of Materials and Production, and 138 nominations for the field of Biological Production, Ecology/Environment.

This year's winners were selected from that total of 346 candidates, according to a statement.

The establishment of the Japan Prize was motivated by the Japanese government's desire to create an internationally recognised award that would contribute to scientific and technological development around the world.

With the support of numerous donations, the Japan Prize Foundation received endorsement from the Cabinet Office in 1983.

The Japan Prize is awarded to scientists and engineers from around the world who have made creative and dramatic achievements that help progress their fields and contribute significantly to realising peace and prosperity for all humanity. 

-- BERNAMA

BUDDHIST LEADER'S 40TH ANNUAL PEACE PROPOSAL STRESSES HUMAN DIGNITY, NUCLEAR DISARMAMENT

KUALA LUMPUR, Jan 26 (Bernama) -- Buddhist philosopher and peacebuilder Daisaku Ikeda, president of the Soka Gakkai International (SGI), has issued his 40th annual peace proposal on Jan 26.

Titled ‘Transforming Human History: The Light of Peace and Dignity’, it offers concrete ideas for tackling the climate crisis and achieving inclusive education and nuclear disarmament, according to a statement.

Concerning humanity's response to the pandemic, Ikeda calls for solidarity built on awareness of our interconnectedness and states: “I believe firmly that the key factor determining the direction of history will prove not to have been the virus, but we humans ourselves.”

He emphasises the need to address the inequalities the pandemic has exposed, and that gender equality and women's empowerment are key to overcoming the crisis and building a global society that sustains human dignity.

Meanwhile on environmental issues, Ikeda calls for more coordinated efforts in implementing the UN Framework Convention on Climate Change, Convention on Biological Diversity and Convention to Combat Desertification.

He also proposes creating a youth council to advise the UN on the comprehensive protection of the ‘global commons’, the environmental resources essential to all humanity.

Concerned about the impact of disruptions to education, Ikeda suggests the UN Transforming Education Summit planned for September focus on education in emergencies, inclusive education and learning for global citizenship.

Toward the first meeting of States Parties to the UN Treaty on the Prohibition of Nuclear Weapons (TPNW) slated for March, Ikeda stresses the urgency of ‘detoxifying’ ourselves from nuclear-dependent security doctrines and strongly calls for Japan, other nuclear-dependent states and the nuclear-weapon states to participate as observers.

The Soka Gakkai is a global community-based Buddhist organisation that promotes peace, culture and education based on respect for the dignity of life. The Soka Gakkai International is an NGO in consultative status with UN ECOSOC.

-- BERNAMA

BITMEX NAMES BILL BELLER AS HEAD OF TRADING

BitMEX Welcomes New Head of Trading Bill Beller (Photo: Business Wire)


KUALA LUMPUR, Jan 26 (Bernama) -- Crypto investment platform BitMEX has welcomed Bill Beller as Head of Trading, effective Jan 1, in charge of spearheading the company’s trading strategies and expanding the BitMEX trading team and its capabilities.

BitMEX Chief Executive Officer, Alexander Höptner said: “I’m delighted to welcome Bill as our new Head of Trading. His track record and level of expertise is outstanding, and our next stage of development will benefit from his extensive experience in delivering robust investment strategies.”

Meanwhile, Beller said: “BitMEX is fast reaching the next stage in its transformation, and it’s the perfect time for me to have joined this very dynamic and talented group of people. I’m looking forward to working with the team to enhance the BitMEX ecosystem by developing effective strategies that enhance the platform’s trading experience.”

Before joining BitMEX, Beller was Managing Director at Greenville Advisory for nearly five years, where he helped FinTech start-ups launch crypto exchange platforms and meet evolving regulatory requirements, according to a statement.

Prior to that, he was Managing Director - Head of Equities for Sberbank CIB and Managing Director, Head of EEMEA Equity Derivatives Flow Trading at UniCredit.

Beller brings over a decade of experience in risk management, building trading infrastructure, and managing equities and derivatives investments across global capital markets.

Owned by HDR Global Trading Limited, BitMEX is a trading platform that offers users access to the global digital asset financial markets.

-- BERNAMA

WHR GROUP INC OFFERS FREE EMPLOYEE RELOCATION POLICY REVIEWS

KUALA LUMPUR, Jan 26 (Bernama) -- WHR Group Inc (WHR), a leader in the global employee relocation industry, is offering companies free relocation policy reviews.

According to a statement, WHR will also help companies create new policies from scratch.

Even with the Covid pandemic, companies are still relocating employees to fill crucial roles. Reviewing relocation policies and making critical adjustments help organisations win in the war for talent, meet employees’ needs, benchmark against the competition and control business costs.

“With the current war for talent, it's critical to have a structured and competitive relocation programme. This helps companies attract and retain top talent,” said WHR’s Business Development Regional Manager, Ben Koceja.

Meanwhile, WHR’s International Business Development Manager, Linden Houghtby, MBA, GMS, MIM+, said: “Having a relocation policy aligned with your company culture, talent strategy, and recruiting goals is essential to having a successful relocation/mobility programme.

“It allows companies to move employees where they are needed most. Policies ensure transferees will be taken care of in a way that reflects the organisation’s values and goals.”

Benchmarking a policy against other companies also helps organisations stay competitive in the war for talent. The policy needs to include a choice of offerings since relocation policies are wrapped into job offers.

Companies also need to ensure they’re allocating the right amount of dollars to transferees and organisational needs. It is important organisations are not paying for unnecessary or outdated benefits.

WHR has offices in Wisconsin, Switzerland, and Singapore.

More details at https://www.whrg.com.

-- BERNAMA

SMARTTRADE REPORTS A YEAR OF STRONG GROWTH, EXPECTS BUSINESS TO SOAR IN 2022

 AIX-EN-PROVENCE, France, Jan 26 (Bernama-BUSINESS WIRE) -- smartTrade Technologies, a leading provider of end-to-end multi-asset electronic trading solutions headquartered in Aix-en-Provence, France, has reported yet another year of success. 2021 saw the enhancement of a number of its core products and was capped by the acquisition in November of Toronto-based TickTrade Systems.

Heralding a new era of M&A activities for smartTrade, the acquisition brought together two complementary technology providers whilst expanding the group presence in North America.

The enlarged group share a joint commitment to innovation heralded by its AI driven analytics offering and crypto currencies trading capabilities.

Throughout 2021 smartTrade continued its relentless focus on R&D, delivering support for new asset classes such as FX options, money markets and precious metals. smartTrade’s flagship product LiquidityFX now supports an ever-growing number of customer needs, enabling access to hundreds of Algos and offering advanced OMS capability. In addition to creating a new DataAPI to support its customers’ own data endeavors, smartTrade capitalized on its AI expertise in 2021 to release a comprehensive Analytics solution fit for traders, sales traders and heads of business.

smartTrade continued to increase its global market share throughout 2021, further strengthening its senior management team. The company’s remote implementation and support capabilities, coupled with the proven resilience of its technology, enabled it to continue to offer an outstanding level of service to its customers despite continued restrictions on global travel and face-to-face meetings.

smartTrade achieved market recognition in 2021 in the form of industry awards for Best FX Aggregator, Best Managed Services Solution, Most Innovative Use of Open Source/Cloud Technology and Best FX Trading Solution.

David Vincent, Chief Executive Officer & Co-Founder at smartTrade Group, said, “The acquisition of TickTrade opened a new chapter of expansion for smartTrade. Joining forces brings new talent to the company and enables us to expand not only our product offering but also our geographical coverage. We are proud of what we achieved through innovation in 2021 and we look forward to building on this in 2022 to offer an even better service to existing and new clients across the globe.”

About smartTrade Technologies:

smartTrade Technologies is a leading global provider of multi-asset electronic trading platforms, helping customers achieve business growth through our cost-efficient, technologically advanced secure private SaaS end-to-end solution.

smartTrade in-house hosted solutions support Foreign Exchange, Fixed Income, Crypto and Derivatives asset classes with connectivity to 130+ liquidity providers, enabling tailored aggregation, smart execution, risk management, order management, analytics, payments and multi-channel distribution.

smartTrade supports a variety of regulated and un-regulated Financial Institutions.

To learn more, visit www.smart-trade.net.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220125005070/en/

Contact

Lara Michel – COS smartTrade Technologies – lmichel@smart-trade.net

Source : smartTrade Technologies

Tuesday, January 25, 2022

PROSPECTION AND NOVOTECH PARTNER TO ACCELERATE CLINICAL TRIALS WITH REAL WORLD EVIDENCE



SYDNEY, Jan 25 (Bernama-BUSINESS WIRE) -- Global healthcare data technology company, Prospection, and leading Asia-Pacific biotech specialist CRO, Novotech Health Holdings, announce a strategic partnership to combine the power of real world evidence and clinical trials to get medicines to patients faster. The partnership includes an investment by Novotech in Prospection.

Under the partnership, Prospection will become a technology partner of Novotech, providing its proprietary real world data analytics to support clinical trial feasibility assessment, execution and recruitment in the Asia-Pacific region.

“Real world evidence has reached a value inflection point becoming broadly accepted and increasingly utilised by regulatory authorities, as we’ve seen with its application to help manage COVID-19. The combination of our real world data analytics with Novotech’s clinical development expertise and footprint across the Asia-Pacific region brings together two nimble companies focused on generating evidence to support healthcare innovation and ultimately improve health outcomes for patients,” said CEO Eric Chung.

“By making an investment in Prospection and entering into this partnership, Novotech will add best-in-class data and analytics capabilities to our existing region leading biotech-focused suite of services for our clients,” said Novotech CEO Dr John Moller.

“Driven by Prospection’s data analytics, our clients would benefit from more accurate patient identification, faster patient recruitment, compressed trial timelines and analytics capabilities to power real world clinical trials,” he added.

Prospection uses advanced analytics and AI algorithms to follow millions of patients over time to search for patterns in their health and the effectiveness of therapeutic journeys which can be harnessed in phase 4 studies. It can produce real world evidence in weeks that would have otherwise taken years to collect and analyse in a clinical trial.

Equally important, the partnership will help speed up trial design and feasibility as well as patient recruitment into trials. Patient recruitment can be one of the biggest hurdles in developing medicines, particularly in complex trials or when looking for patients within disease sub-segments or with rare diseases.

Prospection’s analytics technology ingests de-identified patient data from varied sources, including healthcare providers and health records. This enables it to geolocate trial investigators or study sites with patients meeting the study criteria, thereby identifying locations for high recruitment potential.

As part of the partnership, Novotech has made a minority equity investment in Prospection. This follows Prospection’s $45m Series B round in September 2021.

Learn more about Prospection at www.prospection.com

Learn more about Novotech at novotech-holdings.com


View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220124005284/en/

Contact

Prospection: Catherine Strong, Citadel-MAGNUS, cstrong@citadelmagnus.com, +61 (0)406 759 268

Novotech: David James, communications@novotech-cro.com, +61 2 8218 2144

Source : Prospection

Monday, January 24, 2022

BOON HUI KHOO TO JOIN ARQIT AS ADVISOR


Appointment strengthens Arqit’s cybersecurity expertise in the APAC region 


LONDON, Jan 24 (Bernama-GLOBE NEWSWIRE) -- Arqit Quantum Inc. (“Arqit”), a leader in quantum encryption technology, is pleased to announce the appointment of Boon Hui Khoo as an advisor, effective immediately.

An internationally-regarded expert in law enforcement and cybersecurity, Boon Hui has led a highly distinguished and decorated career fighting crime for over 40 years. He previously served as Senior Deputy Secretary of Singapore’s Home Affairs Ministry, as the Police Commissioner of Singapore from 1997 to 2010, and as President of INTERPOL from 2008 to 2012. He has chaired major international fora, including three of the very first US-Singapore homeland security dialogues, and the biennial Milipol APAC security conference.

He remains active in INTERPOL, chairing its Governance Working group, and holds advisory and board positions across the financial services, fintech, healthcare, security, cybersecurity, and philanthropy sectors. He was a Commissioner on the Global Commission on the Stability of Cyberspace, remains a board member of the Global Cyber Alliance and an advisor to the CyberPeace Institute.

In recognition of his contributions to public service and safety, Boon Hui has been decorated with high national honours from Singapore, Australia, Brunei, France, Indonesia, Malaysia, Thailand, and the Vatican. He is also a Senior Fellow of Singapore’s Civil Service College, an Honorary Fellow of St John’s College, Oxford, and a Justice of Peace. Boon Hui was educated in Oxford, Harvard, and Wharton, and is married with two children.

Arqit Founder, Chairman and CEO David Williams, said: “We are thrilled to have Boon Hui join the Arqit advisory team. He brings an immense wealth of experience and specialist insight into global cyber security as well as high status in the Singapore market which will be invaluable as we execute our vision to deliver stronger, simpler encryption to the world.”  

Boon Hui Khoo added: “Joining Arqit’s world-class team of quantum tech experts is an incredible honour and I look forward to working with them. We share a great optimism about Arqit’s offering and the progress they have already made towards driving critical conversations around cybersecurity imperatives on a global stage.”

About Arqit

Arqit supplies a unique quantum encryption Platform-as-a-Service which makes the communications links of any networked device secure against current and future forms of attack – even from a quantum computer. Arqit’s product, QuantumCloud™, enables any device to download a lightweight software agent, which can create encryption keys in partnership with any other device. The keys are computationally secure, optionally one-time use and zero trust. QuantumCloud™ can create limitless volumes of keys in limitless group sizes and can regulate the secure entrance and exit of a device in a group. The addressable market for QuantumCloud™ is every connected device. 

Media relations enquiries:
Arqit: Julie Moon T: +44 7825 503 950 E: julie.moon@arqit.uk

Investor relations enquiries:
Arqit: investorrelations@arqit.uk
Gateway: arqit@gatewayir.com

Caution About Forward-Looking Statements

This communication includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These forward-looking statements are based on Arqit’s expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Arqit’s control. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Arqit to predict these events or how they may affect it. Except as required by law, Arqit does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date this communication is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this communication may not occur. Uncertainties and risk factors that could affect Arqit’s future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: (i) risks that the business combination disrupts Arqit’s current plans and operations, (ii) the outcome of any legal proceedings that may be instituted against the Arqit related to the business combination, (iii) the ability to maintain the listing of Arqit’s securities on a national securities exchange, (iv) changes in the competitive and regulated industries in which Arqit operates, variations in operating performance across competitors, changes in laws and regulations affecting Arqit’s business and changes in the combined capital structure, (v) the ability to implement business plans, forecasts, and other expectations after the completion of the business combination, and identify and realize additional opportunities, (vi) the potential inability of Arqit to convert its pipeline or orders in backlog into revenue, (vii) the potential inability of Arqit to successfully deliver its operational technology which is still in development, (viii) the risk of interruption or failure of Arqit’s information technology and communications system, (ix) the enforceability of Arqit’s intellectual property, and (x) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Arqit’s annual report on Form 20-F, filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 16, 2021 and in subsequent filings with the SEC. While the list of factors discussed above and the list of factors presented in the final prospectus are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cd85127f-ad5e-4758-87b4-ab3f8c9425b3

 
SOURCE : Arqit