Tuesday, January 30, 2018
A.M. BEST AFFIRMS CREDIT RATINGS OF MEIJI YASUDA LIFE INSURANCE COMPANY
HONG KONG, Jan 29 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Meiji Yasuda Life Insurance Company (Meiji Yasuda) (Japan). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Meiji Yasuda’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management. The company’s capital requirements, as measured by Best’s Capital Adequacy Ratio (BCAR), continue to be driven by asset risk, due to its sizeable investment assets relative to its capital and surplus. Also, the company maintains a modest gap between asset and liability durations. Meiji Yasuda’s financial leverage remains adequate for the current ratings. http://mrem.bernama.com/viewsm.php?idm=31046 |
Monday, January 29, 2018
BUDDHIST LEADER IKEDA URGES HUMAN RIGHTS FOCUS AS KEY TO RESOLUTION OF GLOBAL ISSUES AND NUCLEAR WEAPONS ABOLITION
TOKYO, Jan. 26, 2018 /Kyodo JBN-AsiaNet/ --
On January 26, 2018, Buddhist philosopher Daisaku Ikeda, President of the Soka Gakkai International (SGI), issued his annual peace proposal, titled "Toward an Era of Human Rights: Building a People's Movement."
Ikeda welcomes the July 2017 adoption of the Treaty on the Prohibition of Nuclear Weapons (TPNW) as a turning point in the global history of efforts to achieve peace and disarmament, emphatic that while nuclear weapons exist, a world of peace and human rights will remain elusive. He outlines strategies for gaining support for the Treaty from the nuclear-weapon states and nuclear-dependent states.
In particular, Ikeda calls on Japan to declare its readiness to consider becoming party to the TPNW: "Having experienced the reality of nuclear weapons, Japan cannot turn away from its moral responsibility." He asks us to never forget the spirit of the hibakusha - atomic bomb victims - who played a crucial role together with the International Campaign to Abolish Nuclear Weapons (ICAN) in the drafting and adoption of the Treaty, recognized by the award of the 2017 Nobel Peace Prize.
The main theme of this, Ikeda's 36th proposal, is that a human rights focused approach is key to resolving global issues, including the nuclear threat. In this year that marks the 70th anniversary of the Universal Declaration of Human Rights, he stresses the need to make the life and dignity of each individual our focal point - the fact that every human being is inherently precious and irreplaceable.
He cites the hibakusha and their determination that no one else should suffer what they have endured as exemplifying a foundational spirit for human rights. "The ideal of international human rights law is the quest to protect the life and dignity of each individual, a quest in which the continued pursuit of nuclear arms has no place."
Ikeda highlights the power of human rights education in overcoming social divides, stating that its real significance lies in reviving our desire to perceive the common humanity of those different from us. He proposes that youth be the focus for the fourth phase of the UN's World Programme for Human Rights Education, beginning in 2020.
Running through the proposal is concern for the lives and human rights of refugees and migrants in the face of discrimination. Ikeda calls for focused efforts to ensure access to education for refugee and migrant children, especially those separated from their families.
Urging greater progress toward achievement of the 17 Sustainable Development Goals (SDGs), he proposes deepened cooperation between China and Japan in the form of a local government network for climate action.
Ikeda also identifies gender equality as essential to the SDGs, stating: "Gender equality and empowerment should not be regarded as just one element of the SDGs, but rather should be recognized as key to accelerating progress toward the achievement of the entire spectrum of goals."
Finally, he calls for a UN international decade for the empowerment of women from 2020 to 2030, the target date for achievement of the SDGs.
The Soka Gakkai International (SGI) is a community-based network promoting Buddhist humanism and peace with 12 million members around the world. SGI President Daisaku Ikeda (1928 - ) has issued peace proposals offering a Buddhist perspective and solutions to global problems on January 26 every year since 1983, to commemorate the founding of the SGI. See: www.sgi.org
Source: Soka Gakkai International
Contact:
Joan Anderson
Office of Public Information
Soka Gakkai International
Tel: +81-80-5957-4711
E-mail: anderson[at]soka.jp
--BERNAMA
On January 26, 2018, Buddhist philosopher Daisaku Ikeda, President of the Soka Gakkai International (SGI), issued his annual peace proposal, titled "Toward an Era of Human Rights: Building a People's Movement."
Ikeda welcomes the July 2017 adoption of the Treaty on the Prohibition of Nuclear Weapons (TPNW) as a turning point in the global history of efforts to achieve peace and disarmament, emphatic that while nuclear weapons exist, a world of peace and human rights will remain elusive. He outlines strategies for gaining support for the Treaty from the nuclear-weapon states and nuclear-dependent states.
In particular, Ikeda calls on Japan to declare its readiness to consider becoming party to the TPNW: "Having experienced the reality of nuclear weapons, Japan cannot turn away from its moral responsibility." He asks us to never forget the spirit of the hibakusha - atomic bomb victims - who played a crucial role together with the International Campaign to Abolish Nuclear Weapons (ICAN) in the drafting and adoption of the Treaty, recognized by the award of the 2017 Nobel Peace Prize.
The main theme of this, Ikeda's 36th proposal, is that a human rights focused approach is key to resolving global issues, including the nuclear threat. In this year that marks the 70th anniversary of the Universal Declaration of Human Rights, he stresses the need to make the life and dignity of each individual our focal point - the fact that every human being is inherently precious and irreplaceable.
He cites the hibakusha and their determination that no one else should suffer what they have endured as exemplifying a foundational spirit for human rights. "The ideal of international human rights law is the quest to protect the life and dignity of each individual, a quest in which the continued pursuit of nuclear arms has no place."
Ikeda highlights the power of human rights education in overcoming social divides, stating that its real significance lies in reviving our desire to perceive the common humanity of those different from us. He proposes that youth be the focus for the fourth phase of the UN's World Programme for Human Rights Education, beginning in 2020.
Running through the proposal is concern for the lives and human rights of refugees and migrants in the face of discrimination. Ikeda calls for focused efforts to ensure access to education for refugee and migrant children, especially those separated from their families.
Urging greater progress toward achievement of the 17 Sustainable Development Goals (SDGs), he proposes deepened cooperation between China and Japan in the form of a local government network for climate action.
Ikeda also identifies gender equality as essential to the SDGs, stating: "Gender equality and empowerment should not be regarded as just one element of the SDGs, but rather should be recognized as key to accelerating progress toward the achievement of the entire spectrum of goals."
Finally, he calls for a UN international decade for the empowerment of women from 2020 to 2030, the target date for achievement of the SDGs.
The Soka Gakkai International (SGI) is a community-based network promoting Buddhist humanism and peace with 12 million members around the world. SGI President Daisaku Ikeda (1928 - ) has issued peace proposals offering a Buddhist perspective and solutions to global problems on January 26 every year since 1983, to commemorate the founding of the SGI. See: www.sgi.org
Source: Soka Gakkai International
Contact:
Joan Anderson
Office of Public Information
Soka Gakkai International
Tel: +81-80-5957-4711
E-mail: anderson[at]soka.jp
--BERNAMA
DAVID BINKS, FEDEX EXPRESS EUROPE PRESIDENT AND CEO OF TNT, TO RETIRE
Bert Nappier to Succeed Binks June 1, 2018
MEMPHIS, Tenn., Jan 26 (Bernama-BUSINESS WIRE) -- FedEx Corporation (NYSE: FDX) today announced that David Binks, FedEx Express Europe president and CEO of TNT, will retire in June.
Bert Nappier, currently FedEx Express senior vice president of finance - international, will succeed Binks in the role effective June 1, 2018.
Binks, who started with FedEx in 1983 as part of an acquisition in the UK, rose through the ranks, leading FedEx Express teams in Europe, the Middle East and Canada. Most recently, he was instrumental in the completion of the company’s acquisition of TNT.
Nappier joined FedEx in 2005 and has served in a variety of leadership roles. In addition to leading the international finance organization, he serves as co-chair of the FedEx Integration Leadership Council, where he plays a key role leading our TNT integration efforts around the world.
“Throughout David’s remarkable 35-year-career at FedEx, he has contributed to the growth of our company around the globe,” said David L. Cunningham, president and CEO, FedEx Express. “We wish him the best in his retirement, and look forward to continued success in Europe as Bert takes on this critical role.”
Helena Jansson, a more than 20-year FedEx veteran and native of Sweden, will succeed Nappier as FedEx Express senior vice president of finance - international.
About FedEx
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $62 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 400,000 team members to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit http://about.fedex.com.
Contacts
FedEx Global Media Relations
Katie Wassmer, + 1 901-434-5593
or
FedEx Express Europe Media Relations
Eline Dermaut, + 32 2 752 77 25
or
TNT Media Relations
Cyrille Gibot, + 31 65 113 31 04
Katie Wassmer, + 1 901-434-5593
or
FedEx Express Europe Media Relations
Eline Dermaut, + 32 2 752 77 25
or
TNT Media Relations
Cyrille Gibot, + 31 65 113 31 04
Source: FedEx Corporation
View this news release and multimedia online at:
http://www.businesswire.com/news/home/20180126005169/en
--BERNAMA
http://www.businesswire.com/news/home/20180126005169/en
--BERNAMA
TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION INTRODUCES SOI PROCESS WITH LOW NOISE FIGURE FOR LOW-NOISE RF AMPLIFIERS FOR SMARTPHONES
TOKYO, Jan 26 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation today announced the development of "TaRF10," a next generation TarfSOI™ (Toshiba advanced RF SOI[1]) process optimized for low-noise amplifiers (LNAs) in smartphone applications.
In recent years, the increasing speed of mobile data communication has expanded use of RF switches and filters in the analog front end of mobile devices. The resulting increase in signal loss between antenna and receiver circuit has degraded receiver sensitivity, and focused attention on LNAs with a low noise figure[2] (NF) as a means to compensate for signal loss and improve the integrity of the received signal.
In recent years, the increasing speed of mobile data communication has expanded use of RF switches and filters in the analog front end of mobile devices. The resulting increase in signal loss between antenna and receiver circuit has degraded receiver sensitivity, and focused attention on LNAs with a low noise figure[2] (NF) as a means to compensate for signal loss and improve the integrity of the received signal.
ALGECO SCOTSMAN ANNOUNCES AVAILABILITY OF CERTAIN INFORMATION
BALTIMORE, Jan 26 (Bernama-GLOBE NEWSWIRE) -- Algeco/Scotsman Holding S.à r.l. (together with its subsidiaries, “Algeco Scotsman”) today announced that it has made available certain information relating to Algeco Scotsman on its website, which contains an update on the financial performance of the Group and certain other information and can be accessed at http://www.algecoscotsman.com/pdf/Algeco-Information-Release_Jan_25_2018.pdf
About Algeco Scotsman
Algeco Scotsman is the leading global business services provider focused on modular space, secure portable storage solutions, and remote workforce accommodation management. Headquartered in Baltimore, Algeco Scotsman has operations in 24 countries with approximately 245,000 modular space and portable storage units and 11,400 remote accommodations rooms. The company operates as Target Logistics in North America, Algeco in Europe, Elliott in the United Kingdom, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.
Cautionary Notice Regarding Forward Looking Statements
This press release contains statements reflecting assumptions, expectations, projections, intentions or beliefs about future events that are intended as “forward-looking statements,” particularly those statements concerning expectations regarding the use of proceeds from the offering. A number of risks and uncertainties could cause our actual results to differ materially from current projections, forecasts, estimates and expectations relating to us. Any or all of these forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors, many of which are beyond our control.
Disclaimer
This press release shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Investor Relations Contact
Scott Shaughnessy
Vice President, Finance
Algeco Scotsman
+1 410-933-5921
Scott.Shaughnessy@as.willscot.com
Source : Algeco Scotsman
--BERNAMA
About Algeco Scotsman
Algeco Scotsman is the leading global business services provider focused on modular space, secure portable storage solutions, and remote workforce accommodation management. Headquartered in Baltimore, Algeco Scotsman has operations in 24 countries with approximately 245,000 modular space and portable storage units and 11,400 remote accommodations rooms. The company operates as Target Logistics in North America, Algeco in Europe, Elliott in the United Kingdom, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.
Cautionary Notice Regarding Forward Looking Statements
This press release contains statements reflecting assumptions, expectations, projections, intentions or beliefs about future events that are intended as “forward-looking statements,” particularly those statements concerning expectations regarding the use of proceeds from the offering. A number of risks and uncertainties could cause our actual results to differ materially from current projections, forecasts, estimates and expectations relating to us. Any or all of these forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors, many of which are beyond our control.
Disclaimer
This press release shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Investor Relations Contact
Scott Shaughnessy
Vice President, Finance
Algeco Scotsman
+1 410-933-5921
Scott.Shaughnessy@as.willscot.com
Source : Algeco Scotsman
--BERNAMA
LIGHTBRIDGE AND FRAMATOME LAUNCH ENFISSION TO COMMERCIALIZE INNOVATIVE NUCLEAR FUEL
RESTON, Va., Jan 26 (Bernama-GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR) (the “Company”), a nuclear fuel technology company, and Framatome, a leader in nuclear fuel, components and reactor services, finalized and launched Enfission, a 50-50 joint venture company to develop, license and sell nuclear fuel assemblies based on Lightbridge-designed metallic fuel technology and other advanced nuclear fuel intellectual property. Lightbridge is a U.S. nuclear fuel development company and Framatome is a leader in designing, building, servicing, and fueling today’s reactor fleet and advancing nuclear energy.
The two companies already began joint fuel development and regulatory licensing work under previously signed agreements initiated in March 2016. The joint venture is a Delaware-based limited liability company.
Bernard Fontana, Chairman of the Managing Board and CEO of Framatome, said, “This is an exciting time of growth for Framatome and we are proud to work with Lightbridge on Enfission. Together, we are developing an innovative fuel technology that will provide significant benefits for our customers, helping them to generate more electricity from their nuclear power plants and better compete in the marketplace. Framatome provides its next generation of fuel assembly designs to more than 100 of the approximately 260 light water reactors worldwide. Through this work, we help our customers to meet their operational goals with a high level of safety. We are confident that our strategic partnership with Lightbridge on Enfission will strengthen our position as a key international player in the global fuel market.”
Seth Grae, Lightbridge president and CEO, said, “With the world calling for more reliable, economic and carbon-free baseload power, Lightbridge’s innovative metallic fuel technology will help both existing and new nuclear plants fill that need. Framatome is the ideal partner with established manufacturing capabilities, an impeccable reputation as a nuclear fuel supplier and a large global footprint. We appreciate the strong support we have already received from the leading nuclear operators, both in the U.S. and around the world. The world’s energy and climate needs can only be met if nuclear power grows as a part of the energy-generating mix. We are honored to work with Framatome on this important project and believe the economic and safety benefits of our fuel will encourage greater use of nuclear power.”
About Framatome
Framatome is a major international player in the nuclear energy market recognized for its innovative solutions and value-added technologies for designing, building, maintaining, and advancing the global nuclear fleet. The company designs, manufactures, and installs components and fuel for nuclear power plants and offers a full range of reactor services.
With 14,000 employees worldwide, every day Framatome’s expertise helps its customers improve the safety and performance of their nuclear plants and achieve their economic and societal goals.
Join the energy conversation with Framatome Inc. on Twitter: @FramatomeUS and Facebook: @FramatomeUS.
Framatome is owned by the EDF Group (75.5%), Mitsubishi Heavy Industries (MHI – 19.5%) and Assystem (5%).
About Lightbridge Corporation
Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology development company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. Lightbridge also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. For more information please visit: www.ltbridge.com.
To receive Lightbridge Corporation updates via e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm .
Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp.
Forward Looking Statements
With the exception of historical matters, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the joint venture and its impact on each company’s businesses, customers and positions in the global fuel market; the development of innovative metallic fuel technology; the world’s energy and climate needs; and the ability of commercial nuclear power to meet the world’s energy and climate needs. These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from such estimates. The risks include, but are not limited to, the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; demand for fuel for nuclear reactors; the Company's ability to manage its business effectively in a rapidly evolving market; as well as other factors described in Lightbridge's filings with the Securities and Exchange Commission. Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.
Investor Relations Contact:
David Waldman/Natalya Rudman
Tel. +1 855-379-9900
ir@ltbridge.com
Source : Lightbridge Corporation
--BERNAMA
The two companies already began joint fuel development and regulatory licensing work under previously signed agreements initiated in March 2016. The joint venture is a Delaware-based limited liability company.
Bernard Fontana, Chairman of the Managing Board and CEO of Framatome, said, “This is an exciting time of growth for Framatome and we are proud to work with Lightbridge on Enfission. Together, we are developing an innovative fuel technology that will provide significant benefits for our customers, helping them to generate more electricity from their nuclear power plants and better compete in the marketplace. Framatome provides its next generation of fuel assembly designs to more than 100 of the approximately 260 light water reactors worldwide. Through this work, we help our customers to meet their operational goals with a high level of safety. We are confident that our strategic partnership with Lightbridge on Enfission will strengthen our position as a key international player in the global fuel market.”
Seth Grae, Lightbridge president and CEO, said, “With the world calling for more reliable, economic and carbon-free baseload power, Lightbridge’s innovative metallic fuel technology will help both existing and new nuclear plants fill that need. Framatome is the ideal partner with established manufacturing capabilities, an impeccable reputation as a nuclear fuel supplier and a large global footprint. We appreciate the strong support we have already received from the leading nuclear operators, both in the U.S. and around the world. The world’s energy and climate needs can only be met if nuclear power grows as a part of the energy-generating mix. We are honored to work with Framatome on this important project and believe the economic and safety benefits of our fuel will encourage greater use of nuclear power.”
About Framatome
Framatome is a major international player in the nuclear energy market recognized for its innovative solutions and value-added technologies for designing, building, maintaining, and advancing the global nuclear fleet. The company designs, manufactures, and installs components and fuel for nuclear power plants and offers a full range of reactor services.
With 14,000 employees worldwide, every day Framatome’s expertise helps its customers improve the safety and performance of their nuclear plants and achieve their economic and societal goals.
Join the energy conversation with Framatome Inc. on Twitter: @FramatomeUS and Facebook: @FramatomeUS.
Framatome is owned by the EDF Group (75.5%), Mitsubishi Heavy Industries (MHI – 19.5%) and Assystem (5%).
About Lightbridge Corporation
Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology development company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. Lightbridge also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. For more information please visit: www.ltbridge.com.
To receive Lightbridge Corporation updates via e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm .
Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp.
Forward Looking Statements
With the exception of historical matters, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the joint venture and its impact on each company’s businesses, customers and positions in the global fuel market; the development of innovative metallic fuel technology; the world’s energy and climate needs; and the ability of commercial nuclear power to meet the world’s energy and climate needs. These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from such estimates. The risks include, but are not limited to, the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; demand for fuel for nuclear reactors; the Company's ability to manage its business effectively in a rapidly evolving market; as well as other factors described in Lightbridge's filings with the Securities and Exchange Commission. Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.
Investor Relations Contact:
David Waldman/Natalya Rudman
Tel. +1 855-379-9900
ir@ltbridge.com
Source : Lightbridge Corporation
--BERNAMA
Thursday, January 25, 2018
AMERITAS INCREASES BUSINESS AGILITY AND IT SECURITY WITH CISCO APPLICATION CENTRIC INFRASTRUCTURE
Single-pane-of-glass management makes network operations easier and more scalable
SAN JOSE, Calif., Jan 25 (Bernama-GLOBE NEWSWIRE) -- Ameritas, a large insurance company headquartered in Lincoln, Nebraska, has selected Cisco® computing, networking and security technology as the foundation for upgrading its data centers. The goal of the infrastructure upgrade was to improve agility and operational efficiency while increasing IT security.
Supporting close to 1000 applications, the new technology infrastructure has reduced capex by 30 to 40 percent in switching devices alone and freed up 25 to 30 percent of the network operations team's time, allowing them to focus on more strategic initiatives.
SAN JOSE, Calif., Jan 25 (Bernama-GLOBE NEWSWIRE) -- Ameritas, a large insurance company headquartered in Lincoln, Nebraska, has selected Cisco® computing, networking and security technology as the foundation for upgrading its data centers. The goal of the infrastructure upgrade was to improve agility and operational efficiency while increasing IT security.
Supporting close to 1000 applications, the new technology infrastructure has reduced capex by 30 to 40 percent in switching devices alone and freed up 25 to 30 percent of the network operations team's time, allowing them to focus on more strategic initiatives.
SPOTSEE PURSUES LEGAL ACTION AFTER COUNTERFEIT RAID IN TAIWAN
DALLAS, Jan 24 (Bernama-BUSINESS WIRE) -- SpotSee, a global internet of things (IoT) connectivity platform and parent company to leading logistics monitoring brands ShockWatch®, SpotBot, ShockLog® OpsWatch, ShockTrak and WarmMark®, orchestrated a raid of suspected ShockWatch product counterfeiters in Taiwan on October 26, 2017.
The goods seized, primarily ShockWatch counterfeit products, infringe on trademarks and patents and are considered fraudulent. Counterfeit and knock-off materials, which do not perform to SpotSee specifications, have been found to cause false activations and increased damage claims for customers.
“We take the illegal use of our intellectual property very seriously, and we take swift action to stop the unauthorized use of our name, designs and trademarks,” said Tony Fonk, CEO, SpotSee. “It’s important we stop this fraud because it directly costs our customers money.”
Both manufacturers and distributors of counterfeit SpotSee products will be held accountable as SpotSee actively works to put an end to all activities involving the illegal use of its brand. The penalties for counterfeiting can be up to five years of imprisonment and/or a fine of NT $2,000,000 (approximately USD $66,666).
To further address the counterfeit issue, SpotSee has designed authentication methods such as serialization and QR codes into their newest line of indicators known as the ShockWatch ShockDot.
“The ShockDot allows customers to validate that they purchased a genuine product in addition to other benefits such as 50 percent more indication area and 360-degree activation,” said Angela Kerr, vice president of product management, SpotSee. “We are taking a legal and an innovative, product-based approach to solving this problem.”
ShockWatch indicators, manufactured by SpotSee, show when a product or asset has been mishandled in the supply chain. Incorrect activation can misrepresent that a package or shipment has been mishandled, when it may not have been. Alternatively, the counterfeit or knock-off indicators may not go off at all when mishandling actually occurs.
SpotSee customers who are concerned they may be victims of counterfeit products should contact SpotSee at +1 214-736-4578.
http://mrem.bernama.com/viewsm.php?idm=31002
The goods seized, primarily ShockWatch counterfeit products, infringe on trademarks and patents and are considered fraudulent. Counterfeit and knock-off materials, which do not perform to SpotSee specifications, have been found to cause false activations and increased damage claims for customers.
“We take the illegal use of our intellectual property very seriously, and we take swift action to stop the unauthorized use of our name, designs and trademarks,” said Tony Fonk, CEO, SpotSee. “It’s important we stop this fraud because it directly costs our customers money.”
Both manufacturers and distributors of counterfeit SpotSee products will be held accountable as SpotSee actively works to put an end to all activities involving the illegal use of its brand. The penalties for counterfeiting can be up to five years of imprisonment and/or a fine of NT $2,000,000 (approximately USD $66,666).
To further address the counterfeit issue, SpotSee has designed authentication methods such as serialization and QR codes into their newest line of indicators known as the ShockWatch ShockDot.
“The ShockDot allows customers to validate that they purchased a genuine product in addition to other benefits such as 50 percent more indication area and 360-degree activation,” said Angela Kerr, vice president of product management, SpotSee. “We are taking a legal and an innovative, product-based approach to solving this problem.”
ShockWatch indicators, manufactured by SpotSee, show when a product or asset has been mishandled in the supply chain. Incorrect activation can misrepresent that a package or shipment has been mishandled, when it may not have been. Alternatively, the counterfeit or knock-off indicators may not go off at all when mishandling actually occurs.
SpotSee customers who are concerned they may be victims of counterfeit products should contact SpotSee at +1 214-736-4578.
http://mrem.bernama.com/viewsm.php?idm=31002
RADWARE EXPANDS CLOUD SECURITY AND GLOBAL FOOTPRINT
MAHWAH, N.J., Jan 24 (Bernama-GLOBE NEWSWIRE) -- Radware® (NASDAQ:RDWR), a leading provider of cyber security and application delivery solutions, is rapidly expanding the capacity of all its scrubbing centers, which increases the global mitigation capacity of Radware cloud security network to more than 3.5Tbps of traffic and over 6 Billion packets per second (PPS). All of Radware’s scrubbing centers leverage the company’s award-winning DefensePro® DDoS mitigation appliances. As part of the capacity growth, Radware is opening more Data Centers globally supporting localization of security services, GDPR requirements and in-country cloud security.
“By enhancing our global scrubbing capabilities, we are able to provide more comprehensive support to our customers, both globally and regionally,” said Haim Zelikovsky, Vice President of Cloud Business at Radware. “We are able to handle the most pernicious attacks from their region of origin and keep legitimate traffic within its destination region, which goes a long way toward reducing latency and keeping our clients up and running.”
Radware backs up these technological advancements with excellence in service and dedication, including its Emergency Response Team (ERT), which is successfully mitigating thousands of DDoS attacks per month, and an industry-leading service level agreement, which provides specific, granular commitments to its customers, including time-to-detect, time-to-alert, time-to-divert, time-to-mitigate, consistency of mitigation, and several other key performance indicators.
Radware maintains compliance with the strictest certifications, including ISO, ISCA Labs, PCI and others.
About Radware
Radware® (NASDAQ:RDWR), is a global leader of cyber security and application delivery solutions for physical, cloud, and software defined data centers. Its award-winning solutions portfolio secures the digital experience by providing infrastructure, application, and corporate IT protection and availability services to enterprises globally. Radware’s solutions empower more than 12,500 enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity and achieve maximum productivity while keeping costs down. For more information, please visit www.radware.com.
Radware encourages you to join our community and follow us on: Radware Blog, LinkedIn, Facebook, Twitter, SlideShare, YouTube, Radware Connect app for iPhone® and our security center DDoSWarriors.com that provides a comprehensive analysis on DDoS attack tools, trends and threats.
©2018 Radware Ltd. All rights reserved. The Radware products and solutions mentioned in this press release are protected by trademarks, patents and pending patent applications of Radware in the U.S. and other countries. For more details please see: https://www.radware.com/LegalNotice/. All other trademarks and names are property of their respective owners.
Safe Harbor Statement
This press release may contain statements concerning Radware’s future prospects that are “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Statements preceded by, followed by, or that otherwise include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. For example, when we say “…will handle six billion packets per second, 5Tbs of attack traffic, 350 million legitimate connections beyond attack traffic, and 1.8 million new SSL connections”, this is a forward looking statement. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware's current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions and volatility of the market for our products; changes in the competitive landscape; inability to realize our investment objectives; timely availability and customer acceptance of our new and existing products; risks and uncertainties relating to acquisitions; the impact of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; Competition in the market for Application Delivery and Network Security solutions and our industry in general is intense; and other factors and risks on which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, reference is made to Radware’s Annual Report on Form 20-F, as amended, which is on file with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.
Media Contacts:
Deborah Szajngarten
Radware
201-785-3206
deborah.szajngarten@radware.com
Investor Relations:
Anat Earon-Heilborn
+972 723917548
ir@radware.com
SOURCE : Radware Inc.
--BERNAMA
“By enhancing our global scrubbing capabilities, we are able to provide more comprehensive support to our customers, both globally and regionally,” said Haim Zelikovsky, Vice President of Cloud Business at Radware. “We are able to handle the most pernicious attacks from their region of origin and keep legitimate traffic within its destination region, which goes a long way toward reducing latency and keeping our clients up and running.”
Radware backs up these technological advancements with excellence in service and dedication, including its Emergency Response Team (ERT), which is successfully mitigating thousands of DDoS attacks per month, and an industry-leading service level agreement, which provides specific, granular commitments to its customers, including time-to-detect, time-to-alert, time-to-divert, time-to-mitigate, consistency of mitigation, and several other key performance indicators.
Radware maintains compliance with the strictest certifications, including ISO, ISCA Labs, PCI and others.
About Radware
Radware® (NASDAQ:RDWR), is a global leader of cyber security and application delivery solutions for physical, cloud, and software defined data centers. Its award-winning solutions portfolio secures the digital experience by providing infrastructure, application, and corporate IT protection and availability services to enterprises globally. Radware’s solutions empower more than 12,500 enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity and achieve maximum productivity while keeping costs down. For more information, please visit www.radware.com.
Radware encourages you to join our community and follow us on: Radware Blog, LinkedIn, Facebook, Twitter, SlideShare, YouTube, Radware Connect app for iPhone® and our security center DDoSWarriors.com that provides a comprehensive analysis on DDoS attack tools, trends and threats.
©2018 Radware Ltd. All rights reserved. The Radware products and solutions mentioned in this press release are protected by trademarks, patents and pending patent applications of Radware in the U.S. and other countries. For more details please see: https://www.radware.com/LegalNotice/. All other trademarks and names are property of their respective owners.
Safe Harbor Statement
This press release may contain statements concerning Radware’s future prospects that are “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Statements preceded by, followed by, or that otherwise include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. For example, when we say “…will handle six billion packets per second, 5Tbs of attack traffic, 350 million legitimate connections beyond attack traffic, and 1.8 million new SSL connections”, this is a forward looking statement. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware's current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions and volatility of the market for our products; changes in the competitive landscape; inability to realize our investment objectives; timely availability and customer acceptance of our new and existing products; risks and uncertainties relating to acquisitions; the impact of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; Competition in the market for Application Delivery and Network Security solutions and our industry in general is intense; and other factors and risks on which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, reference is made to Radware’s Annual Report on Form 20-F, as amended, which is on file with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.
Media Contacts:
Deborah Szajngarten
Radware
201-785-3206
deborah.szajngarten@radware.com
Investor Relations:
Anat Earon-Heilborn
+972 723917548
ir@radware.com
SOURCE : Radware Inc.
--BERNAMA
CYBERINC PARTNERS WITH ECS TO DRIVE RAPID GROWTH OF ISLA ACROSS APAC
ECS Computers to distribute Isla Malware Isolation Platform across small, medium and enterprise segments
SINGAPORE, Jan 24 (Bernama-GLOBE NEWSWIRE) -- Cyberinc today announced that it has added ECS Computers Asia Pte. Ltd. – one of the largest providers of ICT products and services in APAC– as an Authorized Distributor for Isla Malware Isolation platform. The partnership will streamline ECS’s access to Isla Malware Isolation system and help cater to Endpoint Security needs of the local IT businesses in the region.
ECS is recognized as a leading distribution partner of several leading product vendors in Singapore. As an authorized distributor, ECS will expand its portfolio of security solutions to include Cyberinc’s Isla Malware Isolation Platform that helps customers isolate and thus, prevent all web-borne malware attacking their enterprise from entering the network.
“We are very excited to partner with a leading distributor like ECS to strengthen the expansion of Isla in APAC, and specifically in Singapore. Our industry leading innovation Isla Malware Isolation platform, distributed through ECS’s extensive go to market infrastructure, will greatly help customers secure themselves in a digital era,“ said Samir Shah, CEO, Cyberinc. “Both government and businesses in Singapore are early movers in augmenting and strengthening their cybersecurity infrastructure. We are confident that this relationship will help leapfrog Isla to market leadership.”
“In today’s connected world, there is no distinction between consumers and the enterprise. The rise of mobile computing and social media in recent years is witnessing an exponential rise in malware proliferation. The partnership with Cyberinc comes at an opportune time to bolster our current security solutions offerings to our channel partners. We believe our expertise will gel well together, allowing us to bring more value to key customers and the market at large in Singapore,” said Sebastian Chong, President, ECS Computers (Asia) Pte Ltd.
Isla Malware Isolation platform
The only way to assuredly eliminate all web-borne malware from the enterprise is to shift the focus from malware detection – which can never be 100% accurate – to malware isolation – which prevents all web content from entering the network. Isla is a network based product, an appliance that is deployed in the DMZ outside the firewall. Isla supports all enterprise endpoints and delivers the following benefits to businesses:
SINGAPORE, Jan 24 (Bernama-GLOBE NEWSWIRE) -- Cyberinc today announced that it has added ECS Computers Asia Pte. Ltd. – one of the largest providers of ICT products and services in APAC– as an Authorized Distributor for Isla Malware Isolation platform. The partnership will streamline ECS’s access to Isla Malware Isolation system and help cater to Endpoint Security needs of the local IT businesses in the region.
ECS is recognized as a leading distribution partner of several leading product vendors in Singapore. As an authorized distributor, ECS will expand its portfolio of security solutions to include Cyberinc’s Isla Malware Isolation Platform that helps customers isolate and thus, prevent all web-borne malware attacking their enterprise from entering the network.
“We are very excited to partner with a leading distributor like ECS to strengthen the expansion of Isla in APAC, and specifically in Singapore. Our industry leading innovation Isla Malware Isolation platform, distributed through ECS’s extensive go to market infrastructure, will greatly help customers secure themselves in a digital era,“ said Samir Shah, CEO, Cyberinc. “Both government and businesses in Singapore are early movers in augmenting and strengthening their cybersecurity infrastructure. We are confident that this relationship will help leapfrog Isla to market leadership.”
“In today’s connected world, there is no distinction between consumers and the enterprise. The rise of mobile computing and social media in recent years is witnessing an exponential rise in malware proliferation. The partnership with Cyberinc comes at an opportune time to bolster our current security solutions offerings to our channel partners. We believe our expertise will gel well together, allowing us to bring more value to key customers and the market at large in Singapore,” said Sebastian Chong, President, ECS Computers (Asia) Pte Ltd.
Isla Malware Isolation platform
The only way to assuredly eliminate all web-borne malware from the enterprise is to shift the focus from malware detection – which can never be 100% accurate – to malware isolation – which prevents all web content from entering the network. Isla is a network based product, an appliance that is deployed in the DMZ outside the firewall. Isla supports all enterprise endpoints and delivers the following benefits to businesses:
- Unparalleled Security – Isla uses patent-pending technology which provides layered protection and deep isolation ensuring no web code escapes containment.
• Superior Performance –Isla uses the proprietary “Air-Gap” protocol which uses AI to dynamically deliver a seamless and transparent user experience. - Seamless Scalability – The Isla architecture makes it easy to expand the solution, add users, and rapidly scale capacity based on the needs of the organization.
About ECS Computers
Established in 1985, ECS Computers (Asia) Pte Ltd is a member of the VSTECS Group. As a leading ICT distributor in the Asia Pacific region, VSTECS has access to a network of more than 25,000 channel partners across China, Thailand, Malaysia, Singapore, Indonesia, the Philippines, Cambodia and Myanmar. The VSTECS Group is listed on the Hong Kong Stock Exchange (0856.HK).
ECS Computers provides a comprehensive range of ICT products and services through its three core businesses - Enterprise Systems, IT Services and Distribution. Integrated solution offerings from industry-leading ICT vendors are provided to customers through its wide and established channels.
About Cyberinc
Cyberinc is a silicon valley based cybersecurity innovation leader that delivers secure, scalable, high performance security from web-borne malware. Adopting an industry pioneering and innovative Malware Isolation approach, its Isla Malware Isolation product empowers enterprises to experience unparalleled security, superior performance and seamless scalability. For more information, please visit www.cyberinc.com
Contacts:
Sonali Thakur / Director – Marketing
sonali.thakur@cyberinc.com
Source : Cyberinc
--BERNAMA
Established in 1985, ECS Computers (Asia) Pte Ltd is a member of the VSTECS Group. As a leading ICT distributor in the Asia Pacific region, VSTECS has access to a network of more than 25,000 channel partners across China, Thailand, Malaysia, Singapore, Indonesia, the Philippines, Cambodia and Myanmar. The VSTECS Group is listed on the Hong Kong Stock Exchange (0856.HK).
ECS Computers provides a comprehensive range of ICT products and services through its three core businesses - Enterprise Systems, IT Services and Distribution. Integrated solution offerings from industry-leading ICT vendors are provided to customers through its wide and established channels.
About Cyberinc
Cyberinc is a silicon valley based cybersecurity innovation leader that delivers secure, scalable, high performance security from web-borne malware. Adopting an industry pioneering and innovative Malware Isolation approach, its Isla Malware Isolation product empowers enterprises to experience unparalleled security, superior performance and seamless scalability. For more information, please visit www.cyberinc.com
Contacts:
Sonali Thakur / Director – Marketing
sonali.thakur@cyberinc.com
Source : Cyberinc
--BERNAMA
Wednesday, January 24, 2018
CRYPTOS FUND, A QUASI-ETF, IS NOW OPEN TO INVESTORS
The first fund to passively track the CCI30 Cryptocurrency Index
ZUG, Switzerland, Jan 23 (Bernama-BUSINESS WIRE) -- Cryptos Fund allows investors to gain exposure to Cryptocurrencies with reduced risk in a regulated environment.
Cryptos Fund is the brainchild of a team of leading academics, quants and security experts based in Zug, Switzerland. It is designed to passively track the CCI30 index (www.cci30.com), an indicator of cryptocurrencies valuations and the benchmark for the sector.
Carlo Scevola, one of the fund’s principals, says: “Cryptos Fund was initially created as a private investment vehicle. I first bought Bitcoin in 2011, and when its value became substantial I wanted to diversify into other cryptocurrencies with a rigorous scientific approach. There was no suitable option available, so I created my own fund.” Cryptos Fund is also a response to heavy investor demand: “It bridges the gap between the traditional financial system and the cryptocurrencies sector. Investors need to participate in the cryptocurrency market via a regulated entity, which didn’t exist until now.”
Cryptos Fund is the only regulated fund offering a passive index tracking investment strategy on cryptocurrencies and charging no performance fees.
The CCI30 index allows for the creation of a balanced portfolio that maximizes returns while minimizing risk and volatility. The fund replicates the CCI30 index passively by investing in the components of the index (the 30 cryptocurrencies with the largest market capitalization).
Participation in the fund requires a minimum investment of USD 100,000. The fund’s annual management fee, just 0.99%, and zero performance fee make it by far the least expensive fund in the sector.
“No single investor can realistically own multiple cryptocurrencies directly. It requires time and experience to buy 30 different cryptocurrencies and keep the portfolio balanced. There are also technical and security requirements that only a dedicated professional structure can meet,” says Scevola. “Through Cryptos Fund, anyone can gain exposure to the main cryptocurrencies while reducing the volatility of the investment.”
Running an index fund requires a variety of financial and quantitative skills, along with a world-class security operation. Three partners began Cryptos Fund and are responsible for its management:
Cryptos Fund is the brainchild of a team of leading academics, quants and security experts based in Zug, Switzerland. It is designed to passively track the CCI30 index (www.cci30.com), an indicator of cryptocurrencies valuations and the benchmark for the sector.
Carlo Scevola, one of the fund’s principals, says: “Cryptos Fund was initially created as a private investment vehicle. I first bought Bitcoin in 2011, and when its value became substantial I wanted to diversify into other cryptocurrencies with a rigorous scientific approach. There was no suitable option available, so I created my own fund.” Cryptos Fund is also a response to heavy investor demand: “It bridges the gap between the traditional financial system and the cryptocurrencies sector. Investors need to participate in the cryptocurrency market via a regulated entity, which didn’t exist until now.”
Cryptos Fund is the only regulated fund offering a passive index tracking investment strategy on cryptocurrencies and charging no performance fees.
The CCI30 index allows for the creation of a balanced portfolio that maximizes returns while minimizing risk and volatility. The fund replicates the CCI30 index passively by investing in the components of the index (the 30 cryptocurrencies with the largest market capitalization).
Participation in the fund requires a minimum investment of USD 100,000. The fund’s annual management fee, just 0.99%, and zero performance fee make it by far the least expensive fund in the sector.
“No single investor can realistically own multiple cryptocurrencies directly. It requires time and experience to buy 30 different cryptocurrencies and keep the portfolio balanced. There are also technical and security requirements that only a dedicated professional structure can meet,” says Scevola. “Through Cryptos Fund, anyone can gain exposure to the main cryptocurrencies while reducing the volatility of the investment.”
Running an index fund requires a variety of financial and quantitative skills, along with a world-class security operation. Three partners began Cryptos Fund and are responsible for its management:
- Igor Rivin, Professor of Mathematics at Temple University and Regius Professor at St. Andrews, one of the world’s most respected mathematicians. Recognized for his skills at the intersection of mathematics and finance; he is responsible for the research and theoretical underpinnings of Cryptos Fund.
- Carlo Scevola, esteemed provider of legal and financial advisory services, economist and investor; Scevola is responsible for the fund organization.
- Jeff Zorn, global security expert. Formerly the military aide to the U.S. president responsible for carrying the nuclear “football,” Zorn now advises governments and corporations on cybersecurity, threat identification and neutralization. He is responsible for all security aspects of the fund.
Baker Tilly, a full-service global accounting firm, is the fund’s appointed auditor; Trident Trust, one of the world’s top firms, is the independent administrator.
“Cryptocurrencies are not correlated with other asset classes,” professor Rivin says. “This makes Cryptos Fund the perfect vehicle for adding diversification to a portfolio. The fund can also be viewed as a safe vehicle for storing capital. Its low fees make it viable for those who want to keep their money outside the traditional banking system, while enjoying the benefits of a regulated entity and the high level of security provided by its structure.”
Operations started with a capital of $12m and institutional investors have already committed for further $100m.
Professional investors wishing to participate in Cryptos Fund can learn more at www.thecryptosfund.com.
“Cryptocurrencies are not correlated with other asset classes,” professor Rivin says. “This makes Cryptos Fund the perfect vehicle for adding diversification to a portfolio. The fund can also be viewed as a safe vehicle for storing capital. Its low fees make it viable for those who want to keep their money outside the traditional banking system, while enjoying the benefits of a regulated entity and the high level of security provided by its structure.”
Operations started with a capital of $12m and institutional investors have already committed for further $100m.
Professional investors wishing to participate in Cryptos Fund can learn more at www.thecryptosfund.com.
Source: Cryptos Fund
AGENCY FOR THE COOPERATION OF ENERGY REGULATORS (ACER) CONTINUES TO USE NASDAQ'S SMARTS FOR PAN-EUROPEAN MARKET MONITORING OF EU WHOLESALE ENERGY MARKETS
NEW YORK, Jan 23 (Bernama-GLOBE NEWSWIRE) -- The Agency for the Cooperation of Energy Regulators (ACER) has officially extended its contract with Nasdaq (Nasdaq:NDAQ) to continue to leverage Nasdaq’s SMARTS Market Surveillance technology to detect insider trading and market manipulation across the European Union’s wholesale energy markets by digesting and analyzing massive volumes of data from hundreds of power producers, exchanges, operators, and brokers across 28 member states. The new agreement contract extension will continue to allow national regulatory authorities to share data, technology, and expertise, with the aim of creating a cooperative regulatory infrastructure.
Under the contract, SMARTS technology will continue being leveraged to monitor the European wholesale gas and electricity markets, covering both spot trading and derivative markets across Europe in accordance with the obligations under the REMIT legislation. Further, the surveillance technology will support ACER’s efforts in ensuring prices set on wholesale energy markets reflect fair and competitive interplay between supply and demand, with the goal to stifle any profits gained from market abuse.
As a truly pan-European development, the partnership allows National Regulatory Authorities to directly leverage the data and technology. The platform is designed in a manner that allows easy sharing of data for investigations across the European Union and for the national regulators to pool their knowledge to fine tune detection algorithms. Several national regulators have already signed up to be part of the technology partnership with the objective of creating a cooperative technology framework for energy market monitoring.
“We are proud of our partnership with ACER and its key role in strengthening the integrity and transparency of the EU energy markets,” said Tony Sio, Head of Marketplace & Regulator Surveillance, Market Technology, Nasdaq. “The platform centrally monitors huge volumes of activity across Europe and is designed to foster collaboration across the different national regulators. A cooperative pan-European approach to surveillance ensures that nothing falls through the cracks.”
Proven at over 50 marketplaces and regulators, and more than 140 market participants worldwide, Nasdaq’s SMARTS Surveillance technology is the industry benchmark for real-time and T1 solutions for market surveillance, supervision and compliance.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $9.1 trillion and more than 10,000 corporate clients. To learn more, visit http://nasdaq.com/ambition or http://business.nasdaq.com.
NDAQG
NASDAQ WELCOMES CIELO S.A. TO THE NASDAQ INTERNATIONAL DESIGNATION
NEW YORK, Jan 23 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today announced that Cielo S.A. (BVMF:CIEL3) (OTC:CIOXY) (Nasdaq:CIOXY), a tech retail services company, leading the electronic payments sector in Latin America as one of the top 10 Brazilian corporations in terms of market value, is the latest company to join the Nasdaq International Designation. Through its membership, Cielo will have access to Nasdaq's investor relations services and unparalleled visibility assets to increase awareness with investors for their U.S.-traded Level 1 ADRs.
The Nasdaq International Designation is available to non-U.S. companies that have Level 1 ADRs or shares that trade on the over-the-counter market. Cielo joins additional South American Member companies Minerva Foods S.A. (BVMF: BEEF3/OTC - Nasdaq Intl: MRVSY) and Marfrig Global Foods S.A. (BVMF: MRFG3/OTC - Nasdaq Intl: MRRTY).
The Nasdaq International Designation is available to non-U.S. companies that have Level 1 ADRs or shares that trade on the over-the-counter market. Cielo joins additional South American Member companies Minerva Foods S.A. (BVMF: BEEF3/OTC - Nasdaq Intl: MRVSY) and Marfrig Global Foods S.A. (BVMF: MRFG3/OTC - Nasdaq Intl: MRRTY).
Tuesday, January 23, 2018
MEDROBOTICS® CORPORATION RECEIVES FDA CLEARANCE FOR WORLD'S FIRST AND ONLY FLEXIBLE TRANSABDOMINAL AND TRANSTHORACIC ROBOTIC SCOPE
Company Now Cleared to Market Flex® Robotic System for Robot-Assisted Visualization in General Surgical, Gynecological and Thoracic Procedures
RAYNHAM, Mass., Jan 22 (Bernama-BUSINESS WIRE) -- Medrobotics Corp., a medical robotics company, announced today it has received FDA regulatory clearance to market the Flex® Robotic System for robot-assisted visualization in general surgical, gynecological and thoracic procedures in the United States. This clearance reaffirms the Company’s progress to develop transformative products for single-port general, gynecological, thoracic and urological surgeries.
“With this new FDA indication, the use of Medrobotics’ flexible robotic technology extends beyond natural orifices,” said CEO Samuel Straface, Ph.D. “This clearance is a vital step in our commitment to minimize the impact of surgery by offering less invasive procedures through a single incision in the abdomen or thoracic cavity versus the multiple incisions that are currently required.”
Medrobotics markets the Flex® Robotic System, the world’s first and only robotic surgical platform which provides Scarfree™ access to hard-to-reach anatomy in otolaryngology and colorectal procedures. The Company is also pursuing expansion of applications to other areas including transvaginal gynecologic procedures.
The award-winning Flex® Robotic System has been widely recognized for advances in surgical robotic technology, including Best-in-Show at the 2016 Medical Design Excellence Awards (MDEA) and a Best New Product at the 2017 Edison Awards. The mobility and short learning curve of the Flex® Robotic System offer the promise of scheduling flexibility and efficiency not seen with other surgical systems. Patients who seek care from hospitals with comprehensive robotics programs that include the Flex® Robotic System may enjoy the best chance for the least invasive treatment of their condition.
About Medrobotics
Medrobotics Corporation (www.Medrobotics.com) is a privately funded medical device company headquartered in Raynham, Massachusetts. It manufactures and markets the Flex® Robotic System, the world’s first robotic surgical platform with a steerable and shapeable robotic scope. The Flex® Robotic System offers surgeons the unique ability to navigate complex anatomy through a single, small entry point while operating in hard-to-reach anatomical locations that might otherwise be inaccessible with straight, rigid surgical tools. The Company’s vision is to provide more patients with access to Scarfree™ surgical options. Medrobotics received FDA clearances for the Flex® Robotic System for ENT applications in July 2015 and for colorectal surgery in May 2017. The CE mark was issued in March 2014.
“With this new FDA indication, the use of Medrobotics’ flexible robotic technology extends beyond natural orifices,” said CEO Samuel Straface, Ph.D. “This clearance is a vital step in our commitment to minimize the impact of surgery by offering less invasive procedures through a single incision in the abdomen or thoracic cavity versus the multiple incisions that are currently required.”
Medrobotics markets the Flex® Robotic System, the world’s first and only robotic surgical platform which provides Scarfree™ access to hard-to-reach anatomy in otolaryngology and colorectal procedures. The Company is also pursuing expansion of applications to other areas including transvaginal gynecologic procedures.
The award-winning Flex® Robotic System has been widely recognized for advances in surgical robotic technology, including Best-in-Show at the 2016 Medical Design Excellence Awards (MDEA) and a Best New Product at the 2017 Edison Awards. The mobility and short learning curve of the Flex® Robotic System offer the promise of scheduling flexibility and efficiency not seen with other surgical systems. Patients who seek care from hospitals with comprehensive robotics programs that include the Flex® Robotic System may enjoy the best chance for the least invasive treatment of their condition.
About Medrobotics
Medrobotics Corporation (www.Medrobotics.com) is a privately funded medical device company headquartered in Raynham, Massachusetts. It manufactures and markets the Flex® Robotic System, the world’s first robotic surgical platform with a steerable and shapeable robotic scope. The Flex® Robotic System offers surgeons the unique ability to navigate complex anatomy through a single, small entry point while operating in hard-to-reach anatomical locations that might otherwise be inaccessible with straight, rigid surgical tools. The Company’s vision is to provide more patients with access to Scarfree™ surgical options. Medrobotics received FDA clearances for the Flex® Robotic System for ENT applications in July 2015 and for colorectal surgery in May 2017. The CE mark was issued in March 2014.
Source: Medrobotics Corporation
WEDGE HOLDINGS: CONCLUDING LICENSE AGREEMENT FOR GAME SYSTEM OF "HAIKYU!! VOLLEYBALL CARD GAME!!" IN REGARD TO ITS SALE IN SOUTH EAST ASIA
TOKYO, Jan 22 (Bernama-BUSINESS WIRE) -- Wedge Holdings CO., LTD. (JASDAQ: 2388) (HQ: Chuo-ku, Tokyo Japan, CEO: Tatsuya Konoshita) are pleased to announce that today we secured a license agreement with TOMY Company, Ltd. , a leading toymaker in Japan to acquire the right to use game system of “HAIKYU!! VOLLEYBALL CARD GAME!!” (*1) in regard to its manufacture and sale in Asian countries (*2).
By the middle of year 2018, Showa Brain Navi Vietnam Co., Ltd., one of our related company will start the distribution of the product in Vietnam and after that will expand into other Asian countries.
We have hosted many TCG experience events in South East Asian countries such as Vietnam, Thailand and Indonesia. And we are fully convinced that users in South East Asian countries are strongly hoping to have TCG in their own languages. So we will continue our business activities to play a big role in connecting contents holders and users and warm up the entertainment contents industry with our corporate mission of “Fill up the time in the world with Waku-Doki (excitements)”.
*1
“HAIKYU!! VOLLEYBALL CARD GAME!!” is a trading card game based on the popular comic “HAIKYU!!” which is currently running on “WEEKLY SHONEN JUMP” from SHUEISHA Inc. We have been deeply involved in system development, illustration, and product development on this TCG product.
*2
The following 6 countries and 2 regions
Vietnam, Thailand, Indonesia, Hong Kong, Macao, Mongolia, Myanmar, Taiwan, Philippines
(C)H. Furudate / Shueisha, “HAIKYU!!” Project, MBS
(C)TOMY
We have hosted many TCG experience events in South East Asian countries such as Vietnam, Thailand and Indonesia. And we are fully convinced that users in South East Asian countries are strongly hoping to have TCG in their own languages. So we will continue our business activities to play a big role in connecting contents holders and users and warm up the entertainment contents industry with our corporate mission of “Fill up the time in the world with Waku-Doki (excitements)”.
*1
“HAIKYU!! VOLLEYBALL CARD GAME!!” is a trading card game based on the popular comic “HAIKYU!!” which is currently running on “WEEKLY SHONEN JUMP” from SHUEISHA Inc. We have been deeply involved in system development, illustration, and product development on this TCG product.
*2
The following 6 countries and 2 regions
Vietnam, Thailand, Indonesia, Hong Kong, Macao, Mongolia, Myanmar, Taiwan, Philippines
(C)H. Furudate / Shueisha, “HAIKYU!!” Project, MBS
(C)TOMY
Contacts
Wedge Holdings Co., Ltd.
Yasuhiro Kotake, +81-3-6225-2207
IR Representative
Yasuhiro Kotake, +81-3-6225-2207
IR Representative
View this news release and multimedia online at:
http://www.businesswire.com/news/home/20180121005131/en
--BERNAMA
http://www.businesswire.com/news/home/20180121005131/en
--BERNAMA
NEW US PATENT FOR SOLIDIA TECHNOLOGIES' CO2-CURED CONCRETE ADVANCES PERFORMANCE AND SUSTAINABILITY OF BUILDING MATERIALS
PISCATAWAY, N.J., Jan 22 (Bernama-BUSINESS WIRE) -- The U.S. Patent and Trademark Office issued a patent for the structure of CO2-cured Solidia Concrete™, advancing the performance and sustainability of materials available to the global construction and materials industries. Solidia Technologies® holds the exclusive licensing rights to the patent, which is held by Rutgers University, where the original generation of the material was invented.
U.S. Patent No. 9,868,667, "Bonding Element, Bonding Matrix and Composite Material Having the Bonding Element and Method of Manufacturing Thereof," covers the composition of matter of the non-hydraulic concrete.
“The hydrate bonds in conventional concrete can compromise that material’s strength and durability,” explained Solidia Chief Technology Officer Nicholas DeCristofaro, Ph.D. “With CO2-cured concrete, bonding elements based on silica and calcium carbonate create a wide range of attractive properties, including mechanical strength, resistance to freeze-thaw deterioration, and resistance to sulfate attack.”
Solidia addresses the cement industry’s goal of reducing its carbon emissions, which contribute 3-5% of global CO2 pollution. Solidia’s processes start with an energy-saving, sustainable cement, then cure concrete with CO2, reduce the carbon footprint of cement and concrete up to 70%, and recycle 60 to 80% of the water used in production. Using the same raw materials and existing equipment as traditional concretes, the resulting products are higher performing, cost less to produce, and cure in less than 24 hours.
“Our next-generation concrete offers a competitive edge to the global US$1 trillion concrete and US$300 billion cement markets, advancing profitability and sustainability in an industry that needs both,” said Solidia President and CEO Tom Schuler.
Currently in commercialization for large- and small-scale applications, the initial technology focus was on unreinforced precast applications, including pavers and blocks. Solidia is now developing processes for reinforced applications, including aerated concrete, railroad ties, architectural panels and hollow core extrusions.
Solidia’s patent estate includes over 200 patent applications worldwide, with 32 issued and 14 scheduled. Investors include Kleiner Perkins Caufield & Byers, Bright Capital, BASF, BP, LafargeHolcim, Total Energy Ventures, Air Liquide, OGCI Climate Investments, Bill Joy and other private investors.
Follow Solidia Technologies at www.solidiatech.com and on LinkedIn, YouTube and Twitter: @SolidiaCO2.
“The hydrate bonds in conventional concrete can compromise that material’s strength and durability,” explained Solidia Chief Technology Officer Nicholas DeCristofaro, Ph.D. “With CO2-cured concrete, bonding elements based on silica and calcium carbonate create a wide range of attractive properties, including mechanical strength, resistance to freeze-thaw deterioration, and resistance to sulfate attack.”
Solidia addresses the cement industry’s goal of reducing its carbon emissions, which contribute 3-5% of global CO2 pollution. Solidia’s processes start with an energy-saving, sustainable cement, then cure concrete with CO2, reduce the carbon footprint of cement and concrete up to 70%, and recycle 60 to 80% of the water used in production. Using the same raw materials and existing equipment as traditional concretes, the resulting products are higher performing, cost less to produce, and cure in less than 24 hours.
“Our next-generation concrete offers a competitive edge to the global US$1 trillion concrete and US$300 billion cement markets, advancing profitability and sustainability in an industry that needs both,” said Solidia President and CEO Tom Schuler.
Currently in commercialization for large- and small-scale applications, the initial technology focus was on unreinforced precast applications, including pavers and blocks. Solidia is now developing processes for reinforced applications, including aerated concrete, railroad ties, architectural panels and hollow core extrusions.
Solidia’s patent estate includes over 200 patent applications worldwide, with 32 issued and 14 scheduled. Investors include Kleiner Perkins Caufield & Byers, Bright Capital, BASF, BP, LafargeHolcim, Total Energy Ventures, Air Liquide, OGCI Climate Investments, Bill Joy and other private investors.
Follow Solidia Technologies at www.solidiatech.com and on LinkedIn, YouTube and Twitter: @SolidiaCO2.
Source: Solidia Technologies
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--BERNAMA
SD-WAN MARKET LEADER ARYAKA NAMES CLAUDIO PERUGINI SENIOR VICE PRESIDENT OF GLOBAL CHANNELS
SAN MATEO, Calif., Jan 22 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, announced today that networking industry veteran Claudio Perugini has joined the company’s leadership team as Senior Vice President of Global Channels. In his new role, Perugini will lead and further scale Aryaka’s global partner program as the company continues to grow rapidly and expand its market footprint in 2018.
“Aryaka’s channel partners have played an essential role in establishing the company as the market leader in the global SD-WAN space,” said Perugini. “Our technology is a game-changer for the channel community as we offer global enterprises a next-generation alternative to legacy network technologies. As the Senior Vice President of Global Channels, my key focus areas will be recruitment, further scaling the channel organization, enhancing the structure of the Aryaka Global Partner Program, and improving partner enablement.”
Perugini has more than 30 years of channel and sales leadership experience in the networking industry, with a specific focus on facilitating growth and helping businesses execute to an initial public offering (IPO). Most recently, he served as Vice President of Worldwide Channels at SDN startup Big Switch Networks, where he was a critical member of the team that helped double the company’s revenues, resulting in six consecutive record-breaking quarters.
http://mrem.bernama.com/viewsm.php?idm=30981
“Aryaka’s channel partners have played an essential role in establishing the company as the market leader in the global SD-WAN space,” said Perugini. “Our technology is a game-changer for the channel community as we offer global enterprises a next-generation alternative to legacy network technologies. As the Senior Vice President of Global Channels, my key focus areas will be recruitment, further scaling the channel organization, enhancing the structure of the Aryaka Global Partner Program, and improving partner enablement.”
Perugini has more than 30 years of channel and sales leadership experience in the networking industry, with a specific focus on facilitating growth and helping businesses execute to an initial public offering (IPO). Most recently, he served as Vice President of Worldwide Channels at SDN startup Big Switch Networks, where he was a critical member of the team that helped double the company’s revenues, resulting in six consecutive record-breaking quarters.
http://mrem.bernama.com/viewsm.php?idm=30981
Monday, January 22, 2018
GLOBAL MUSLIM POPULATION GROWS 18 PERCENT, DRIVING RECORD DEMAND OF HALAL PRODUCTS
SINGAPORE, Jan 19 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International unveiled via webinar the latest trends shaping the halal market as companies race to benefit from a pool of untapped consumers.
Source: Euromonitor International
“Population changes, increasing disposable income and growing internet penetration are some of the key factors driving growth of halal products demands. Disposable income of countries with the top five biggest Muslim-populations such as Indonesia, Pakistan, India, Nigeria, Iran, have grown by 257 percent and internet penetration has risen by 31 percent for these same markets,” says Euromonitor International’s senior analyst, Emil Fazira.
According to the webinar, ‘New Consumerism and the Global Halal Market’, the Muslim population grew by 18 percent over the last 10 years compared to the global population growth of 11 percent, strengthening demand for halal food, drinks, beauty and fashion products among others. “Young adults are the main users of social media and internet. They become more interested in the latest trends, global events, and use multiple social media platforms. This makes new food and service experiences, fashion and cosmetic products more accessible to them,” Fazira added.
Within Asia, non-Muslim majority countries like Singapore and Philippines are major markets for halal packaged food and drinks, at US$1.4 billion and US$7.5 billion respectively. This is partly due to the integration and acceptance of halal products in the general community, as well as strengthening halal infrastructure. Indonesia on the other hand, is expected to show the largest sales gains in US dollars over the next 5 years, due to its significant market size and positive forecast growth.
“When identifying markets and industries, studying the market’s halal infrastructure to balance halal-certification with consumer values is crucial. Choosing the right audience and catering to them is another issue that companies must keep in mind,” concludes Joanna Chan, research analyst at Euromonitor.
To download the free webinar, visit: https://goo.gl/d9gy1K
About Euromonitor International
Euromonitor International is the world’s leading provider for global business intelligence and strategic market analysis. We have more than 40 years of experience publishing international market reports, business reference books and online databases on consumer markets.
According to the webinar, ‘New Consumerism and the Global Halal Market’, the Muslim population grew by 18 percent over the last 10 years compared to the global population growth of 11 percent, strengthening demand for halal food, drinks, beauty and fashion products among others. “Young adults are the main users of social media and internet. They become more interested in the latest trends, global events, and use multiple social media platforms. This makes new food and service experiences, fashion and cosmetic products more accessible to them,” Fazira added.
Within Asia, non-Muslim majority countries like Singapore and Philippines are major markets for halal packaged food and drinks, at US$1.4 billion and US$7.5 billion respectively. This is partly due to the integration and acceptance of halal products in the general community, as well as strengthening halal infrastructure. Indonesia on the other hand, is expected to show the largest sales gains in US dollars over the next 5 years, due to its significant market size and positive forecast growth.
“When identifying markets and industries, studying the market’s halal infrastructure to balance halal-certification with consumer values is crucial. Choosing the right audience and catering to them is another issue that companies must keep in mind,” concludes Joanna Chan, research analyst at Euromonitor.
To download the free webinar, visit: https://goo.gl/d9gy1K
About Euromonitor International
Euromonitor International is the world’s leading provider for global business intelligence and strategic market analysis. We have more than 40 years of experience publishing international market reports, business reference books and online databases on consumer markets.
Contacts
Euromonitor International
Benedicte Dia
Communications Manager
Tel: +65 6429 0590 ext. 6598
benedicte.dia@euromonitor.com
Benedicte Dia
Communications Manager
Tel: +65 6429 0590 ext. 6598
benedicte.dia@euromonitor.com
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