SAN DIEGO, March 29 (Bernama-GLOBE NEWSWIRE) -- Crown Bioscience, a wholly-owned subsidiary of Crown Bioscience International (TWSE:6554) and a global drug discovery and development services company providing translational platforms to advance oncology, inflammation, cardiovascular and metabolic disease research, announces that it has been chosen by Glycotope GmbH as a partner to accelerate their immuno-oncology drug discovery pipeline.
CrownBio offers the world’s largest collection of patient derived xenograft (PDX) models and is a leading provider of humanized solutions for immuno-oncology drug development. Leveraging these exclusive capabilities, CrownBio will engraft cell line-derived cancer models as well as PDX models selected by Glycotope into CD34+ humanized mouse models. These customized, humanized models will be used to accelerate Glycotope’s innovative immuno-oncology drug discovery pipeline.
“Glycotope recognizes the value of CrownBio’s extensive PDX and CDX collection and their expertise in implementing innovative humanization strategies,” said Anika Jäkel, Director of Glycotope’s Preclinical Pharmacology & Cancer Immunology group. “We have chosen them as our partner for these reasons and look forward to what we are confident will be a successful alliance.”
“We are very pleased that Glycotope has selected us as a trusted partner to advance their cutting-edge immuno-oncology pipeline,” said Laurie Heilmann, CrownBio’s Chief Business Officer. “Our unique capabilities will enable Glycotope to continue providing new and improved therapies for the treatment of cancer.”
About Crown Bioscience Inc.
CrownBio is a global drug discovery and development solutions company providing translational platforms to advance oncology, inflammation, cardiovascular and metabolic disease research. With an extensive portfolio of relevant models and predictive tools, CrownBio enables clients to deliver superior clinical candidates.
About Glycotope GmbH
Glycotope, founded in 2000 in Berlin, focuses on the development of innovative immuno-oncological products for the treatment of various cancer types using their GlycoBody and GlycoExpress® technologies. Glycotope has currently one product in clinical development. The Company’s additional pipeline includes preclinical antibody biopharmaceuticals for various oncological indications.
Glycotope’s GlycoExpress® (GEX®) platform allows glyco-optimization and high yield production of a variety of fully human glycosylated biopharmaceuticals such as antibodies, glycoprotein hormones and cytokines by using a toolbox of glyco-engineered proprietary human cell lines that allow for optimization of a whole series of different relevant sugars. In addition, the GEX® platform can be used for in process glycosylation control. Visit http://www.glycotope.com/.
Media Enquiries:
Jody Barbeau
Crown Bioscience Inc.
marketing@crownbio.com
Source : Crown Bioscience
--BERNAMA
Friday, March 30, 2018
Thursday, March 29, 2018
Lithium Werks acquires A123 systems plants in China
KUALA LUMPUR, March 28 (Bernama) -- Lithium Werks has acquired the original A123 Systems manufacturing plants located in Changzhou, China.
These plants were the first to introduce the revolutionary NanoPhosphate technology in the form of cylindrical cells that have been used globally in a wide array of applications, especially in the industrial market.
Under the acquisition, Lithium Werks has taken over the customer relationships in China, Europe and the United States as well as the operations, staff and product designs associated with the Changzhou business.
"We are confident that this acquisition helps propel Lithium Werks into a leadership position in the lithium iron phosphate market globally," said chairman of Lithium Werks, Knut H. Nylænde in a statement.
Meanwhile, vice-president of Corporate Strategy at A123 Systems, Jeff Kessen commented that A123 Systems is pleased to have concluded the agreement and is confident that their former customers in the industrial market are in great hands with Lithium Werks.
The acquisition also named Lithium Werks as the new owner of the ?POWER. SAFETY. LIFE.' trademark that characterised A123's product portfolio in its early years.
Lithium Werks, a global lithium ion battery company, provides cells, modules, and battery management systems into markets such as material handling, stationary energy storage, medical and commercial marine with production facilities in China and offices in the USA, the Netherlands, Northern Ireland, Great Britain and Norway.
A123 Systems is a global leader in providing complete energy storage solutions through advanced battery cells and systems for transportation applications.
-- BERNAMA
These plants were the first to introduce the revolutionary NanoPhosphate technology in the form of cylindrical cells that have been used globally in a wide array of applications, especially in the industrial market.
Under the acquisition, Lithium Werks has taken over the customer relationships in China, Europe and the United States as well as the operations, staff and product designs associated with the Changzhou business.
"We are confident that this acquisition helps propel Lithium Werks into a leadership position in the lithium iron phosphate market globally," said chairman of Lithium Werks, Knut H. Nylænde in a statement.
Meanwhile, vice-president of Corporate Strategy at A123 Systems, Jeff Kessen commented that A123 Systems is pleased to have concluded the agreement and is confident that their former customers in the industrial market are in great hands with Lithium Werks.
The acquisition also named Lithium Werks as the new owner of the ?POWER. SAFETY. LIFE.' trademark that characterised A123's product portfolio in its early years.
Lithium Werks, a global lithium ion battery company, provides cells, modules, and battery management systems into markets such as material handling, stationary energy storage, medical and commercial marine with production facilities in China and offices in the USA, the Netherlands, Northern Ireland, Great Britain and Norway.
A123 Systems is a global leader in providing complete energy storage solutions through advanced battery cells and systems for transportation applications.
-- BERNAMA
Tuesday, March 27, 2018
THE DATA CENTRE AND CLOUD INDUSTRY HONORS THE YEAR'S OUTSTANDING INDIVIDUALS AND BUSINESSES AT THE DATACLOUD ASIA AWARDS 2018
LONDON & SINGAPORE, March 26 (Bernama-BUSINESS WIRE) -- BroadGroup, the information media technology company, today announced the winners of the second Datacloud Asia awards 2018 in honor of the year’s outstanding individuals and businesses currently shaping the Asian data economy. The awards, one of the most revered accolades in the technology sector, recognise innovation and excellence in the flourishing Asia digital infrastructure market.
Set against the backdrop of the magnificent Capella Hotel in Singapore and hosted by BBC anchor Rico Hizon, the awards were presented on the closing day of Datacloud Asia, the premier congress for investing, powering, connecting, building and deploying datacentre, cloud and Edge technologies.
Philip Low, chairman BroadGroup commented: “Datacloud Asia goes from strength to strength and the award winners mirror the optimism, dynamism and entrepreneurism that is permeating throughout the region. The Asia data economy is thriving and, in many ways, leading the world in its ability to innovate and disrupt. All of this year’s recipients have achieved something truly special and should be proud of the transformative impact that they have made on people, business and society across this diverse and dynamic part of the world. We congratulate all the winners on their incredible achievements.”
The winners of the Datacloud Asia awards 2018:
Excellence in Cloud Service Award - Equinix
Excellence in Cloud Service Award South East Asia - Global Cloud Xchange
Excellence in Data Centre Service Award: India - GPX India Pvt ltd
Best Data Centre Energy Solution - Munters
Marketer of the Year - Omer Wilson - Digital Realty
Excellence in Data Centre Service Award: South East Asia - SUPERNAP Thailand
Excellence in Data Centre Service Award - Equinix
Data Centre Location Award - Chonburi Province, Thailand
Individual Industry Contribution - Ambassador Award - Krupal Raval - Digital Realty
Data Centre Leader of the Year - Digital Realty
Cloud Leader of the Year - Equinix
Best programme for Data Centre training and professional development - Cnet Training
The Excellence in Data Centre IT Architecture and Design - NEXTDC
Data Centre Thought Leadership Award - Bill Barney - Global Cloud Xchange
http://mrem.bernama.com/viewsm.php?idm=31525
Set against the backdrop of the magnificent Capella Hotel in Singapore and hosted by BBC anchor Rico Hizon, the awards were presented on the closing day of Datacloud Asia, the premier congress for investing, powering, connecting, building and deploying datacentre, cloud and Edge technologies.
Philip Low, chairman BroadGroup commented: “Datacloud Asia goes from strength to strength and the award winners mirror the optimism, dynamism and entrepreneurism that is permeating throughout the region. The Asia data economy is thriving and, in many ways, leading the world in its ability to innovate and disrupt. All of this year’s recipients have achieved something truly special and should be proud of the transformative impact that they have made on people, business and society across this diverse and dynamic part of the world. We congratulate all the winners on their incredible achievements.”
The winners of the Datacloud Asia awards 2018:
Excellence in Cloud Service Award - Equinix
Excellence in Cloud Service Award South East Asia - Global Cloud Xchange
Excellence in Data Centre Service Award: India - GPX India Pvt ltd
Best Data Centre Energy Solution - Munters
Marketer of the Year - Omer Wilson - Digital Realty
Excellence in Data Centre Service Award: South East Asia - SUPERNAP Thailand
Excellence in Data Centre Service Award - Equinix
Data Centre Location Award - Chonburi Province, Thailand
Individual Industry Contribution - Ambassador Award - Krupal Raval - Digital Realty
Data Centre Leader of the Year - Digital Realty
Cloud Leader of the Year - Equinix
Best programme for Data Centre training and professional development - Cnet Training
The Excellence in Data Centre IT Architecture and Design - NEXTDC
Data Centre Thought Leadership Award - Bill Barney - Global Cloud Xchange
http://mrem.bernama.com/viewsm.php?idm=31525
GLOBAL CLOUD XCHANGE WINS 'EXCELLENCE IN DATA CENTER SERVICES AWARD, SOUTH EAST ASIA'; CEO BILL BARNEY HONORED WITH 'DATA CENTER THOUGHT LEADERSHIP AWARD'
SINGAPORE, March 26 (Bernama-BUSINESS WIRE) -- Global Cloud Xchange (GCX), a subsidiary of Reliance Communications, has scored honors at the prestigious Datacloud Asia Awards 2018 event in Singapore, winning the ‘Excellence in Data Center Services Award, South East Asia’. In addition, GCX Chairman and CEO Bill Barney was honored with the ‘Data Center Thought Leadership Award’ in recognition of his significant contributions to the Data Center industry.
The Datacloud Asia awards, one of the most revered accolades in the technology sector, recognize innovation and excellence in the flourishing Asia digital infrastructure market. Winners of this year’s awards in all categories were chosen by an independent expert panel of Judges from across the Data Center and Cloud industry segments, with the objective of recognizing excellence in Data Centre and Cloud Services and Operations.
"Bill Barney is someone we have observed over many years—an industry veteran with tremendous insight and experience, a brilliant exponent of Cloud, and possessing remarkable depth of insight into the challenges and opportunities that lie ahead in the sector. For all these reasons, he was rightly awarded ‘Thought Leader of the Year at Datacloud Asia 2018’,” said Philip Low, Chairman, BroadGroup.
“As the Cloud revolution continues and innovation becomes even more rapid and breath-taking, there will be a rising tide in Data Center requirements, especially in the emerging markets,” said Bill Barney. “We are honored to accept these prestigious awards, which are a testament to the entire GCX team and our commitment to achieve and deliver customer service excellence and technological innovation in network infrastructure, supporting the dynamic Data Center and Cloud ecosystems.”
Datacloud Asia 2018, now in its second year in Asia, has evolved as a well-recognized and acknowledged beacon of high-quality content, offering thought leadership across the critical IT infrastructure markets.
http://mrem.bernama.com/viewsm.php?idm=31521
The Datacloud Asia awards, one of the most revered accolades in the technology sector, recognize innovation and excellence in the flourishing Asia digital infrastructure market. Winners of this year’s awards in all categories were chosen by an independent expert panel of Judges from across the Data Center and Cloud industry segments, with the objective of recognizing excellence in Data Centre and Cloud Services and Operations.
"Bill Barney is someone we have observed over many years—an industry veteran with tremendous insight and experience, a brilliant exponent of Cloud, and possessing remarkable depth of insight into the challenges and opportunities that lie ahead in the sector. For all these reasons, he was rightly awarded ‘Thought Leader of the Year at Datacloud Asia 2018’,” said Philip Low, Chairman, BroadGroup.
“As the Cloud revolution continues and innovation becomes even more rapid and breath-taking, there will be a rising tide in Data Center requirements, especially in the emerging markets,” said Bill Barney. “We are honored to accept these prestigious awards, which are a testament to the entire GCX team and our commitment to achieve and deliver customer service excellence and technological innovation in network infrastructure, supporting the dynamic Data Center and Cloud ecosystems.”
Datacloud Asia 2018, now in its second year in Asia, has evolved as a well-recognized and acknowledged beacon of high-quality content, offering thought leadership across the critical IT infrastructure markets.
http://mrem.bernama.com/viewsm.php?idm=31521
TOSHIBA RELEASES SMALL MOSFET WITH HIGH ESD PROTECTION TO DRIVE HEADLIGHT LED
TOKYO, March 26 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has released a dual MOSFET “SSM6N813R” with high ESD protection positioned for use in automotive applications, including as a driver IC for headlight LEDs, which require a high withstand voltage and a small footprint. Mass production shipments begin in April.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180326005358/en/
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180326005358/en/
A maximum drain-source voltage (VDSS) of 100V ensures that SSM6N813R is suitable for headlight applications requiring multiple LEDs—a capability supported by high ESD immunity. Fabricated using the latest process and housed in a TSOP6F package, SSM6N813R has an allowable power dissipation of 1.5W and low on-resistance. In addition, the footprint of the TSOP6F package is 70% smaller than that of an SOP8 package.
Applications
- Automotive headlight LED driver
Features
- Small package
- High ESD protection
- Low RDS(ON)
| Main Specifications | ||||||
| (@Ta=25℃) | ||||||
| Items (Ta=25℃) | SSM6N813R | |||||
| Absolute maximum ratings | Drain-source voltage VDSS (V) | 100 | ||||
| Gate-source voltage VGSS (V) | +/-20 | |||||
| Drain current ID (A) | 3.5 | |||||
| Electrical Characteristics | Drain-source on-resistance RDS(ON) max (mΩ) | VGS=10V | 112 | |||
| VGS=4.5V | 154 | |||||
| Input capacitance Ciss typ. (pF) | 242 | |||||
| Package | TSOP6F | 2.9mm×2.8mm; t=0.8mm | ||||
Follow the link below for more on Toshiba’s latest small low-on-resistance MOSFETs.
https://toshiba.semicon-storage.com/ap-en/product/mosfet/small-mosfet.html
Customer Inquiries:
Small Signal Device Sales & Marketing Department
Tel: +81-3-3457-3411
https://toshiba.semicon-storage.com/ap-en/contact.html
*Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.
About Toshiba Electronic Devices & Storage Corporation
Toshiba Electronic Devices & Storage Corporation combines the vigor of a new company with the wisdom of experience. Since becoming an independent company in July 2017, we have taken our place among the leading general devices companies, and offer our customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD.
Our 19,000 employees around the world share a determination to maximize the value of our products, and emphasize close collaboration with customers to promote co-creation of value and new markets. We look forward to building on annual sales now surpassing 700-billion yen (US$6 billion) and to contributing to a better future for people everywhere.
Find out more about us at https://toshiba.semicon-storage.com/ap-en/company.html
View source version on businesswire.com: https://www.businesswire.com/news/home/20180326005358/en/
Contact
Media Inquiries:
Toshiba Electronic Devices & Storage Corporation
Chiaki Nagasawa, +81-3-3457-4963
Digital Marketing Department
semicon-NR-mailbox@ml.toshiba.co.jp
Source : Toshiba Electronic Devices & Storage Corporation
--BERNAMA
https://toshiba.semicon-storage.com/ap-en/product/mosfet/small-mosfet.html
Customer Inquiries:
Small Signal Device Sales & Marketing Department
Tel: +81-3-3457-3411
https://toshiba.semicon-storage.com/ap-en/contact.html
*Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.
About Toshiba Electronic Devices & Storage Corporation
Toshiba Electronic Devices & Storage Corporation combines the vigor of a new company with the wisdom of experience. Since becoming an independent company in July 2017, we have taken our place among the leading general devices companies, and offer our customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD.
Our 19,000 employees around the world share a determination to maximize the value of our products, and emphasize close collaboration with customers to promote co-creation of value and new markets. We look forward to building on annual sales now surpassing 700-billion yen (US$6 billion) and to contributing to a better future for people everywhere.
Find out more about us at https://toshiba.semicon-storage.com/ap-en/company.html
View source version on businesswire.com: https://www.businesswire.com/news/home/20180326005358/en/
Contact
Media Inquiries:
Toshiba Electronic Devices & Storage Corporation
Chiaki Nagasawa, +81-3-3457-4963
Digital Marketing Department
semicon-NR-mailbox@ml.toshiba.co.jp
Source : Toshiba Electronic Devices & Storage Corporation
--BERNAMA
Friday, March 23, 2018
YPO ANNOUNCES SIGNATURE EVENTS FOR 2018 YPO INNOVATION WEEK
Third-annual global event will inspire business leaders to embrace innovation and disrupt industry practices
DALLAS, March 21 (Bernama-GLOBE NEWSWIRE) -- For the third consecutive year, YPO will host Innovation Week, a series of more than 50 events around the world designed to bring together the most dynamic innovators for a chance to network, overturn conventional thinking and come away inspired with actionable, applicable insight.
YPO, the world’s premier leadership organization of chief executives, will host signature innovation events all across the globe from Sydney, Australia to London, England; New York, New York, USA; Santo Domingo, Dominican Republic to Palo Alto, California, USA and Nairobi, Kenya, and more, the week of 7-11 May 2018.
The mission of YPO Innovation Week is to drive innovation and transformation across a diverse range of industries and sectors through signature events, live interactive video casts and livestream events across more than 30 countries. Business leaders and pioneering thinkers will engage in a weeklong forum discussing the most important innovations affecting business today, including augmented and virtual reality, vehicle technology, digital imaging, wearables, smart home, sensors and more.
“As business leaders, innovation needs to be a cultural mindset practiced through all levels of an organization,” says YPO Innovation Week Chair Keith Alper, Founder and CEO of Geniecast. “YPO Innovation Week focuses on making innovative ideas actionable by creating a 360-degree environment for members to learn from each other, from pioneering global innovators and the world’s most innovative companies.”
DALLAS, March 21 (Bernama-GLOBE NEWSWIRE) -- For the third consecutive year, YPO will host Innovation Week, a series of more than 50 events around the world designed to bring together the most dynamic innovators for a chance to network, overturn conventional thinking and come away inspired with actionable, applicable insight.
YPO, the world’s premier leadership organization of chief executives, will host signature innovation events all across the globe from Sydney, Australia to London, England; New York, New York, USA; Santo Domingo, Dominican Republic to Palo Alto, California, USA and Nairobi, Kenya, and more, the week of 7-11 May 2018.
The mission of YPO Innovation Week is to drive innovation and transformation across a diverse range of industries and sectors through signature events, live interactive video casts and livestream events across more than 30 countries. Business leaders and pioneering thinkers will engage in a weeklong forum discussing the most important innovations affecting business today, including augmented and virtual reality, vehicle technology, digital imaging, wearables, smart home, sensors and more.
“As business leaders, innovation needs to be a cultural mindset practiced through all levels of an organization,” says YPO Innovation Week Chair Keith Alper, Founder and CEO of Geniecast. “YPO Innovation Week focuses on making innovative ideas actionable by creating a 360-degree environment for members to learn from each other, from pioneering global innovators and the world’s most innovative companies.”
Thursday, March 22, 2018
NEW DOCUMENTARY RAISES GLOBAL WATER CRISIS AWARENESS AS 844 MILLION PEOPLE STILL LACK ACCESS TO CLEAN DRINKING WATER
P&G and National Geographic Documentary Shows How Lives Transformed with Clean Water
Most Americans underestimate impact of global water crisis new research shows
CINCINNATI, March 20 (Bernama-BUSINESS WIRE) -- Procter & Gamble’s (P&G) non-profit Children’s Safe Drinking Water (CSDW) Program and National Geographic are raising awareness about the global water crisis with the release of a new documentary and national survey in conjunction with World Water Day. The documentary, titled “The Power of Clean Water,” follows the lives of three women and their families, providing a first-hand perspective on the daily challenges of accessing clean drinking water. As the film progresses, viewers witness how P&G’s Purifier of Water packets, distributed by partners ChildFund in Indonesia, CARE International in Kenya and World Vision in Mexico, have helped transform these communities.
Global awareness of the water crisis is growing, but in the U.S., many are still unaware of how many people struggle with the daily reality of not having access to clean water, something P&G sought to explore by commissioning a new survey to be released along with the documentary. Survey findings show that most consumers are concerned about the safety of their drinking water, but do not know that approximately 1 in 10 people around the world lack access to clean drinking water. In addition, one-in-four underestimate the number of people who die each year because of waterborne illnesses.
Survey findings further highlighted that Americans are largely unaware of the progress that has been made to date to address the global water crisis. Nearly 70 percent of respondents believe that the crisis has stayed the same or gotten worse, with almost one in four saying that the problem has become much worse. In reality, the global effort to solve the crisis is working. 2.6 billion people have gained access to clean water in the last 25 years but there are still 844 million people yet to reach.
P&G’s Chief Brand Officer, Marc Pritchard, shared the survey findings today in advance of the first screening of “The Power of Clean Water” on March 21. “In some parts of the world, we take for granted the availability of clean water. People in countries like Mexico, Indonesia and Kenya struggle with finding clean water to drink. And without clean drinking water, it’s much harder to keep their children healthy, have them get an education and provide a better life for their families,” Pritchard said. “Our goal, in partnering with National Geographic, is to share these stories about the power of clean water and to inspire others to make a difference and become a part of the solution.”
http://mrem.bernama.com/viewsm.php?idm=31486
Most Americans underestimate impact of global water crisis new research shows
CINCINNATI, March 20 (Bernama-BUSINESS WIRE) -- Procter & Gamble’s (P&G) non-profit Children’s Safe Drinking Water (CSDW) Program and National Geographic are raising awareness about the global water crisis with the release of a new documentary and national survey in conjunction with World Water Day. The documentary, titled “The Power of Clean Water,” follows the lives of three women and their families, providing a first-hand perspective on the daily challenges of accessing clean drinking water. As the film progresses, viewers witness how P&G’s Purifier of Water packets, distributed by partners ChildFund in Indonesia, CARE International in Kenya and World Vision in Mexico, have helped transform these communities.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180319005689/en/
Global awareness of the water crisis is growing, but in the U.S., many are still unaware of how many people struggle with the daily reality of not having access to clean water, something P&G sought to explore by commissioning a new survey to be released along with the documentary. Survey findings show that most consumers are concerned about the safety of their drinking water, but do not know that approximately 1 in 10 people around the world lack access to clean drinking water. In addition, one-in-four underestimate the number of people who die each year because of waterborne illnesses.
Survey findings further highlighted that Americans are largely unaware of the progress that has been made to date to address the global water crisis. Nearly 70 percent of respondents believe that the crisis has stayed the same or gotten worse, with almost one in four saying that the problem has become much worse. In reality, the global effort to solve the crisis is working. 2.6 billion people have gained access to clean water in the last 25 years but there are still 844 million people yet to reach.
P&G’s Chief Brand Officer, Marc Pritchard, shared the survey findings today in advance of the first screening of “The Power of Clean Water” on March 21. “In some parts of the world, we take for granted the availability of clean water. People in countries like Mexico, Indonesia and Kenya struggle with finding clean water to drink. And without clean drinking water, it’s much harder to keep their children healthy, have them get an education and provide a better life for their families,” Pritchard said. “Our goal, in partnering with National Geographic, is to share these stories about the power of clean water and to inspire others to make a difference and become a part of the solution.”
http://mrem.bernama.com/viewsm.php?idm=31486
A.M. BEST WITHDRAWS CREDIT RATINGS OF MACAU LIFE INSURANCE COMPANY LIMITED
HONG KONG, March 21 (Bernama-BUSINESS WIRE) -- A.M. Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Macau Life Insurance Company Limited (MLIC) (Macau). The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, A.M. Best has withdrawn the ratings as the company has requested to no longer participate in the A.M. Best’s interactive rating process.
The ratings reflect MLIC’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, very limited business profile and appropriate enterprise risk management.
On June 2, 2016, Dah Sing Financial Holdings Limited and Macau Insurance Company Limited announced that they agreed to sell 100% of MLIC’s shares to Thaihot Investment (Bermuda) Company Limited (Thai Hot) (Bermuda). The acquisition was completed on Nov. 9, 2017. A.M. Best expects MLIC to maintain its current distribution relationship with Banco Comercial de Macau, S.A. after the closing of the transaction, while MLIC’s pension fund management business was excluded from the transaction.
MLIC is well-capitalized to support its risk profile, which is highly concentrated on investment risk. The company is one of the smallest players in Macau’s life insurance market in terms of gross premium written in 2016 and mainly distributes long-term products designed by its affiliate, Dah Sing Life Assurance, which also was acquired by Thai Hot in June 2017.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180320006584/en/
Contact
A.M. Best
Vivian Cheung, +852 2827 3421
Senior Financial Analyst
vivian.cheung@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Christie Lee, +852 2827 3413
Director, Analytics
christie.lee@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Source : A.M. Best
--BERNAMA
The ratings reflect MLIC’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, very limited business profile and appropriate enterprise risk management.
On June 2, 2016, Dah Sing Financial Holdings Limited and Macau Insurance Company Limited announced that they agreed to sell 100% of MLIC’s shares to Thaihot Investment (Bermuda) Company Limited (Thai Hot) (Bermuda). The acquisition was completed on Nov. 9, 2017. A.M. Best expects MLIC to maintain its current distribution relationship with Banco Comercial de Macau, S.A. after the closing of the transaction, while MLIC’s pension fund management business was excluded from the transaction.
MLIC is well-capitalized to support its risk profile, which is highly concentrated on investment risk. The company is one of the smallest players in Macau’s life insurance market in terms of gross premium written in 2016 and mainly distributes long-term products designed by its affiliate, Dah Sing Life Assurance, which also was acquired by Thai Hot in June 2017.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180320006584/en/
Contact
A.M. Best
Vivian Cheung, +852 2827 3421
Senior Financial Analyst
vivian.cheung@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Christie Lee, +852 2827 3413
Director, Analytics
christie.lee@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Source : A.M. Best
--BERNAMA
Wednesday, March 21, 2018
OXFORD NANOPORE ANNOUNCES £100 MILLION ($140M) FUNDRAISING FROM GLOBAL INVESTORS
- Funding will support new manufacturing facility, commercial expansion, and development of new innovative products.
OXFORD, England, March 20 (Bernama-BUSINESS WIRE) -- Oxford Nanopore Technologies Ltd, the company behind the only portable real-time DNA/RNA sequencer, MinION, has raised £100M ($140M) in new investment. Funds were raised from global investors including GIC (Singapore), China Construction Bank International (CCBI, China), Hostplus (Australia), and existing investors.
The funds will be used to support the Company’s next phase of commercial expansion. This includes a new high-volume, high-tech manufacturing facility in Oxford to meet accelerating demand for Oxford Nanopore’s sequencing technology, and growth of the commercial team that already serves more than 70 countries.
The funds raised will also support R&D as Oxford Nanopore expands its suite of nanopore analysis devices. The currently available pocket MinION and desktop GridION are being joined by high-throughput modular sequencing with PromethION and small, single-test sequencing with Flongle.
This expanded range is designed to address all parts of the existing DNA-sequencing market, as well as enabling new applications that can only be performed with a real-time, scalable, long-read technology. For example, Flongle is designed to enable the rapid real-time genetic analysis of infectious diseases, targeted analyses in precision medicine, food and/or water-safety surveillance, and science education. PromethION will enable large-scale, on-demand sequencing of human, plant, or animal genomes.
Oxford Nanopore technology also uniquely enables direct RNA sequencing, providing full-length transcript and viral genome profiling, precise quantification, the ability to identify modified bases in real time, and simplifying workflows.
http://mrem.bernama.com/viewsm.php?idm=31492
OXFORD, England, March 20 (Bernama-BUSINESS WIRE) -- Oxford Nanopore Technologies Ltd, the company behind the only portable real-time DNA/RNA sequencer, MinION, has raised £100M ($140M) in new investment. Funds were raised from global investors including GIC (Singapore), China Construction Bank International (CCBI, China), Hostplus (Australia), and existing investors.
The funds will be used to support the Company’s next phase of commercial expansion. This includes a new high-volume, high-tech manufacturing facility in Oxford to meet accelerating demand for Oxford Nanopore’s sequencing technology, and growth of the commercial team that already serves more than 70 countries.
The funds raised will also support R&D as Oxford Nanopore expands its suite of nanopore analysis devices. The currently available pocket MinION and desktop GridION are being joined by high-throughput modular sequencing with PromethION and small, single-test sequencing with Flongle.
This expanded range is designed to address all parts of the existing DNA-sequencing market, as well as enabling new applications that can only be performed with a real-time, scalable, long-read technology. For example, Flongle is designed to enable the rapid real-time genetic analysis of infectious diseases, targeted analyses in precision medicine, food and/or water-safety surveillance, and science education. PromethION will enable large-scale, on-demand sequencing of human, plant, or animal genomes.
Oxford Nanopore technology also uniquely enables direct RNA sequencing, providing full-length transcript and viral genome profiling, precise quantification, the ability to identify modified bases in real time, and simplifying workflows.
http://mrem.bernama.com/viewsm.php?idm=31492
McDonald's leads work towards 36 per cent reduction of greenhouse gas emissions by 2030
KUALA LUMPUR, March 20 (Bernama) -- McDonald's has announced it will partner with franchisees and suppliers to reduce greenhouse gas emissions related to McDonald's restaurants and offices by 36 per cent by 2030 from a 2015 base year in a new strategy to address global climate change.
Also, McDonald's has committed to a 31 per cent reduction in emissions intensity (per tonne of food and packaging) across its supply chain by 2030 from the 2015 levels.
This combined target has been approved by the Science Based Targets initiative (SBTi).
SBTi is a collaboration between WRI, WWF, CDP (formerly the Carbon Disclosure Project) and the United Nations Global Compact, which helps companies determine how much they must cut emissions to do their part to address climate change.
"To reach the target, McDonald's will work across its supply chain, offices and restaurants to be more innovative and efficient through improvements such as using LED lighting and energy-efficient kitchen equipment, sustainable packaging, restaurant recycling, and by elevating and supporting sustainable agriculture practices," the company said in a statement today.
Additionally, it will prioritise action on the largest segments of its carbon footprint: beef production, restaurant energy usage and sourcing, packaging and waste, which account for approximately 64 per cent of McDonald's global emissions.
Through these actions, McDonald's expects to prevent 150 million tonnes of greenhouse gas emissions from being released into the atmosphere by 2030, which is the equivalent of taking 32 million passenger cars off the road for an entire year or planting 3.8 billion trees and growing them for 10 years.
The target will enable McDonald's to grow as a business without growing its emissions.
McDonald's president and chief executive officer, Steve Easterbrook, who announced the plan in a video released by the company, said to meet the goal, the company would source its food responsibly, promote renewable energy and use it efficiently, and reduce waste and increase recycling.
"As one of the best known brands on the planet, McDonald's is well positioned to lead, and its ambitious new climate target will inspire innovation, collaboration, and most importantly critical greenhouse gas reductions across the company's global operations and supply chain," said president of Environmental Defense Fund (EDF), Fred Krupp.
The launch of the science-based target is the latest step in McDonald's journey to drive meaningful change and use its Scale for Good.
McDonald's is the world's leading global foodservice retailer with over 37,000 locations in 120 markets around the world. Over 90 per cent of its restaurants worldwide are owned and operated by independent local business men and women.
-- BERNAMA
Also, McDonald's has committed to a 31 per cent reduction in emissions intensity (per tonne of food and packaging) across its supply chain by 2030 from the 2015 levels.
This combined target has been approved by the Science Based Targets initiative (SBTi).
SBTi is a collaboration between WRI, WWF, CDP (formerly the Carbon Disclosure Project) and the United Nations Global Compact, which helps companies determine how much they must cut emissions to do their part to address climate change.
"To reach the target, McDonald's will work across its supply chain, offices and restaurants to be more innovative and efficient through improvements such as using LED lighting and energy-efficient kitchen equipment, sustainable packaging, restaurant recycling, and by elevating and supporting sustainable agriculture practices," the company said in a statement today.
Additionally, it will prioritise action on the largest segments of its carbon footprint: beef production, restaurant energy usage and sourcing, packaging and waste, which account for approximately 64 per cent of McDonald's global emissions.
Through these actions, McDonald's expects to prevent 150 million tonnes of greenhouse gas emissions from being released into the atmosphere by 2030, which is the equivalent of taking 32 million passenger cars off the road for an entire year or planting 3.8 billion trees and growing them for 10 years.
The target will enable McDonald's to grow as a business without growing its emissions.
McDonald's president and chief executive officer, Steve Easterbrook, who announced the plan in a video released by the company, said to meet the goal, the company would source its food responsibly, promote renewable energy and use it efficiently, and reduce waste and increase recycling.
"As one of the best known brands on the planet, McDonald's is well positioned to lead, and its ambitious new climate target will inspire innovation, collaboration, and most importantly critical greenhouse gas reductions across the company's global operations and supply chain," said president of Environmental Defense Fund (EDF), Fred Krupp.
The launch of the science-based target is the latest step in McDonald's journey to drive meaningful change and use its Scale for Good.
McDonald's is the world's leading global foodservice retailer with over 37,000 locations in 120 markets around the world. Over 90 per cent of its restaurants worldwide are owned and operated by independent local business men and women.
-- BERNAMA
SOLARWINDS PLACES HIGHEST ON THE ABILITY TO EXECUTE AXIS IN 2018 GARTNER MAGIC QUADRANT FOR NETWORK PERFORMANCE MONITORING AND DIAGNOSTICS
AUSTIN, Texas, March 20 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, placed highest on the ability to execute axis in the 2018 Gartner Magic Quadrant for Network Performance Monitoring and Diagnostics(1).
http://mrem.bernama.com/viewsm.php?idm=31488
http://mrem.bernama.com/viewsm.php?idm=31488
Tuesday, March 20, 2018
IF YOU PREVIOUSLY PURCHASED OR OTHERWISE ACQUIRED CERTAIN PETROBRAS SECURITIES, YOU COULD GET A CASH PAYMENT FROM A CLASS ACTION SETTLEMENT
NEW YORK, March 19 (Bernama-BUSINESS WIRE) -- The following statement is being issued by Pomerantz LLP regarding In re Petrobras Securities Litigation.
Important Legal Notice from the United States District Court for the Southern District of New York
Two proposed settlements have been reached in a securities class action lawsuit brought by investors against Petróleo Brasileiro S.A. (“Petrobras”) and certain of its affiliates, underwriters, external auditors, and current and former directors and officers. The Settlements include certain securities issued by Petrobras. Petrobras, the Underwriter Defendants, and PricewaterhouseCoopers Auditores Independentes (“PwC Brazil”) deny any and all allegations of wrongdoing, and the District Court has not decided who is right.
If you requested exclusion in response to the previously mailed notice of pendency of class action dated May 9, 2016, you are included in this Settlement, and you must request exclusion again if you do not want to be included in the Settlement Class.
Am I included in the proposed Settlements? You are encouraged to visit the website www.PetrobrasSecuritiesLitigation.com to see if you are included in the Settlement Class. The Settlement Class includes all Persons who:
(a) during the time Period between January 22, 2010 and July 28, 2015, inclusive (the “Class Period”), purchased or otherwise acquired Petrobras Securities, including debt securities issued by PifCo and/or PGF, on the New York Stock Exchange or pursuant to other Covered Transactions; and/or
(b) purchased or otherwise acquired debt securities issued by Petrobras, PifCo, and/or PGF, in Covered Transactions, directly in, pursuant and/or traceable to a May 13, 2013 public offering registered in the United States and/or a March 10, 2014 public offering registered in the United States before Petrobras made generally available to its security holders an earnings statement covering a period of at least twelve months beginning after the effective date of the offerings (August 11, 2014 in the case of the May 13, 2013 public offering and May 15, 2015 in the case of the March 10, 2014 public offering).
For purposes of the Settlements, “Covered Transaction” means any transaction that satisfies any of the following criteria:
(i) any transaction in a Petrobras Security listed for trading on the New York Stock Exchange (“NYSE”);
(ii) any transaction in a Petrobras Security that cleared or settled through the Depository Trust Company’s book-entry system; or
(iii) any transaction in a Petrobras Security to which the United States securities laws apply, including as applicable pursuant to the Supreme Court’s decision in Morrison v. National Australia Bank, 561 U.S. 247 (2010).
The full definition of the Settlement Class, as well as full lists of Petrobras Securities eligible to satisfy criteria (i), (ii), and (iii) are available at: www.PetrobrasSecuritiesLitigation.com.
What do the Settlements provide? Petrobras, the Underwriter Defendants, and PwC Brazil have agreed to Settlements with a combined value of US$3 billion (US$3,000,000,000.00). The proposed settlement could provide for a cash payment depending upon: which securities you purchased or acquired; the number of eligible securities that you purchased or acquired; and when you purchased or acquired the eligible securities.
How can I get a Payment? You must submit a Proof of Claim to receive payment postmarked or submitted by June 9, 2018. Visit the website and file a Proof of Claim online, or download one and file by mail.
What are my other options? If you do not want to be legally bound by the Settlement, you must exclude yourself by submitting a written Request for Exclusion Form so that it is received no later than April 27, 2018. If you do not exclude yourself, you will release any claims you may have against Petrobras, the Underwriter Defendants, and PwC Brazil and certain other Released Parties. You may object to the Settlement by submitting a written objection so that it is received no later than May 11, 2018. You cannot both exclude yourself from, and object to, the Settlement. The longer Notice available on the website listed below explains how to exclude yourself or object. The court will hold a Settlement Hearing on June 4, 2018 to consider whether to finally approve the Settlement and a request for attorneys’ fees of up to 9.5% of the total Settlement Amount, which is $285,000,000.00, and a compensatory award of up to $400,000 for the Class Representatives. You may appear at the Settlement Hearing, either by yourself or through an attorney hired by you, but you do not have to. For more information, including the relief, eligibility, and release of claims, call the number or visit the website below.
1-855-907-3218
www.PetrobrasSecuritiesLitigation.com
View source version on businesswire.com: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51773588&lang=en
Contact
Pomerantz LLP
Jeremy A. Lieberman, Esq., 212-661-1100
Source : Pomerantz LLP
--BERNAMA
Important Legal Notice from the United States District Court for the Southern District of New York
Two proposed settlements have been reached in a securities class action lawsuit brought by investors against Petróleo Brasileiro S.A. (“Petrobras”) and certain of its affiliates, underwriters, external auditors, and current and former directors and officers. The Settlements include certain securities issued by Petrobras. Petrobras, the Underwriter Defendants, and PricewaterhouseCoopers Auditores Independentes (“PwC Brazil”) deny any and all allegations of wrongdoing, and the District Court has not decided who is right.
If you requested exclusion in response to the previously mailed notice of pendency of class action dated May 9, 2016, you are included in this Settlement, and you must request exclusion again if you do not want to be included in the Settlement Class.
Am I included in the proposed Settlements? You are encouraged to visit the website www.PetrobrasSecuritiesLitigation.com to see if you are included in the Settlement Class. The Settlement Class includes all Persons who:
(a) during the time Period between January 22, 2010 and July 28, 2015, inclusive (the “Class Period”), purchased or otherwise acquired Petrobras Securities, including debt securities issued by PifCo and/or PGF, on the New York Stock Exchange or pursuant to other Covered Transactions; and/or
(b) purchased or otherwise acquired debt securities issued by Petrobras, PifCo, and/or PGF, in Covered Transactions, directly in, pursuant and/or traceable to a May 13, 2013 public offering registered in the United States and/or a March 10, 2014 public offering registered in the United States before Petrobras made generally available to its security holders an earnings statement covering a period of at least twelve months beginning after the effective date of the offerings (August 11, 2014 in the case of the May 13, 2013 public offering and May 15, 2015 in the case of the March 10, 2014 public offering).
For purposes of the Settlements, “Covered Transaction” means any transaction that satisfies any of the following criteria:
(i) any transaction in a Petrobras Security listed for trading on the New York Stock Exchange (“NYSE”);
(ii) any transaction in a Petrobras Security that cleared or settled through the Depository Trust Company’s book-entry system; or
(iii) any transaction in a Petrobras Security to which the United States securities laws apply, including as applicable pursuant to the Supreme Court’s decision in Morrison v. National Australia Bank, 561 U.S. 247 (2010).
The full definition of the Settlement Class, as well as full lists of Petrobras Securities eligible to satisfy criteria (i), (ii), and (iii) are available at: www.PetrobrasSecuritiesLitigation.com.
What do the Settlements provide? Petrobras, the Underwriter Defendants, and PwC Brazil have agreed to Settlements with a combined value of US$3 billion (US$3,000,000,000.00). The proposed settlement could provide for a cash payment depending upon: which securities you purchased or acquired; the number of eligible securities that you purchased or acquired; and when you purchased or acquired the eligible securities.
How can I get a Payment? You must submit a Proof of Claim to receive payment postmarked or submitted by June 9, 2018. Visit the website and file a Proof of Claim online, or download one and file by mail.
What are my other options? If you do not want to be legally bound by the Settlement, you must exclude yourself by submitting a written Request for Exclusion Form so that it is received no later than April 27, 2018. If you do not exclude yourself, you will release any claims you may have against Petrobras, the Underwriter Defendants, and PwC Brazil and certain other Released Parties. You may object to the Settlement by submitting a written objection so that it is received no later than May 11, 2018. You cannot both exclude yourself from, and object to, the Settlement. The longer Notice available on the website listed below explains how to exclude yourself or object. The court will hold a Settlement Hearing on June 4, 2018 to consider whether to finally approve the Settlement and a request for attorneys’ fees of up to 9.5% of the total Settlement Amount, which is $285,000,000.00, and a compensatory award of up to $400,000 for the Class Representatives. You may appear at the Settlement Hearing, either by yourself or through an attorney hired by you, but you do not have to. For more information, including the relief, eligibility, and release of claims, call the number or visit the website below.
1-855-907-3218
www.PetrobrasSecuritiesLitigation.com
View source version on businesswire.com: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51773588&lang=en
Contact
Pomerantz LLP
Jeremy A. Lieberman, Esq., 212-661-1100
Source : Pomerantz LLP
--BERNAMA
A.M. BEST AFFIRMS CREDIT RATINGS OF ENERGAS INSURANCE (L) LIMITED
SINGAPORE, March 19 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Energas Insurance (L) Limited (Energas) (Malaysia). The outlook of these Credit Ratings (ratings) is stable.
Energas is the sole captive insurer of Petroliam Nasional Berhad (Petronas), Malaysia’s national oil and gas company.
The ratings reflect Energas’ balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
http://mrem.bernama.com/viewsm.php?idm=31476
Energas is the sole captive insurer of Petroliam Nasional Berhad (Petronas), Malaysia’s national oil and gas company.
The ratings reflect Energas’ balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
http://mrem.bernama.com/viewsm.php?idm=31476
Friday, March 16, 2018
NIPPON EXPRESS ACQUIRES EQUITY INTEREST IN TRACONF S.R.L. (TURNING IT INTO SUBSIDIARY)
TOKYO, Mar. 16, 2018/Kyodo JBN-- AsiaNet/--
Nippon Express Co., Ltd. (TSE: 9062, hereinafter the "Company") agreed with investors in Traconf S.r.l. headquartered in Verona, Italy (hereinafter "Traconf"), an apparel-related logistics service provider in the high-end fashion industry, and thereby executed a sale and purchase agreement (the "SPA") on March 6, 2018(CET), to acquire the entire equity interest in Traconf through the subsidiary, Nippon Express Europe GmbH (the "Acquisition").
Purpose of the Acquisition
By providing logistics-centric supply chain solutions throughout the world, Nippon Express Group aims to be a "Truly Global Logistics Company" that can contribute to the global development of all kinds of customers. As one of the key strategies to achieve this goal, the Company is active in making intensive investments outside Japan to enhance its network in various regions and business areas with high growth potential. In 2013, the Company acquired Franco Vago S.p.A. (hereinafter "Franco Vago"), a Firenze-based forwarding service provider in the apparel industry mainly focused on high-end fashion brands, and as a result established a high-quality logistics platform in the apparel sector.
http://mrem.bernama.com/viewsm.php?idm=31470
Nippon Express Co., Ltd. (TSE: 9062, hereinafter the "Company") agreed with investors in Traconf S.r.l. headquartered in Verona, Italy (hereinafter "Traconf"), an apparel-related logistics service provider in the high-end fashion industry, and thereby executed a sale and purchase agreement (the "SPA") on March 6, 2018(CET), to acquire the entire equity interest in Traconf through the subsidiary, Nippon Express Europe GmbH (the "Acquisition").
Purpose of the Acquisition
By providing logistics-centric supply chain solutions throughout the world, Nippon Express Group aims to be a "Truly Global Logistics Company" that can contribute to the global development of all kinds of customers. As one of the key strategies to achieve this goal, the Company is active in making intensive investments outside Japan to enhance its network in various regions and business areas with high growth potential. In 2013, the Company acquired Franco Vago S.p.A. (hereinafter "Franco Vago"), a Firenze-based forwarding service provider in the apparel industry mainly focused on high-end fashion brands, and as a result established a high-quality logistics platform in the apparel sector.
http://mrem.bernama.com/viewsm.php?idm=31470
GRATOMIC ANNOUNCES GRANT OF EXCLUSIVE PROSPECTING LICENCE
TORONTO, March 14 (Bernama-GLOBE NEWSWIRE) -- Gratomic Inc. (“Gratomic” or the “Company”) (TSX-V:GRAT) (FRANKFURT:CB81) (WKN:A2JAP3) is pleased to announce that the Republic of Namibia has granted it an additional Exclusive Prospecting Licence, Number 6710 (“EPL 6710”). Title to EPL 6710 is registered to Luxury Investments Two Hundred and Sixty Four (PTY) Ltd., a Namibian company, of which the Company holds 91%. The remaining 9% is held by a Local Namibian pursuant to the Republic of Namibia’s New Equitable Economic Empowerment Framework (www.opm.gov.na/neeef). EPL 6710 has an initial exclusivity period of 3 years.
EPL 6710 is located immediately east and north of, and contiguous with EPL 3895 that covers the Aukam graphite deposit and the Snyman graphite occurrence. The application for EPL 6710 was submitted in order to cover the potential strike extension of the Snyman graphite occurrence to the east. In addition, EPL 6710 covers additional area prospective for graphite within the “Aukam window” where the rocks hosting the Aukam and Snyman graphite are exposed beneath the regional unconformity at the base of the Nama Group sedimentary rocks. The addition of the new EPL increases the area of prospective geology covered to 63,072 hectares (630 square kilometres). Gratomic’s CO-CEO Arno Brand stated, “We are very pleased that we have been granted EPL 6710 as not only does it cover the potential extension of graphite mineralization seen at the Snyman occurrence, but it also covers most of the window below the unconformity that is also prospective for graphite.” Graphite at Aukam occurs as massive graphite veins as well as more widespread disseminated graphite that has been identified at surface over an area of 550 metres east-west (sub-parallel to an electromagnetic anomaly) by 190 metres north-south. Sampling of surface graphite occurrences showed graphite content of 1.96% Cg (carbon as graphite) to 43.01% Cg from 22 samples (see news release dated September 7, 2017). http://mrem.bernama.com/viewsm.php?idm=31446 |
BROADSOFT ANNOUNCES NEW BROADSOFT UC-ONE SAAS SOLUTION
CBTS is first customer deploying UC-One SaaS new cloud deployment option to offer enterprises quick access to cloud UC benefits
GAITHERSBURG, Md., March 13 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. now a part of Cisco, and a global market leader in cloud calling, meeting, messaging and contact center software as a service (SaaS), has made it quicker and easier than ever for BroadWorks® service providers to provide businesses access to popular BroadSoft cloud unified communications (UC) capabilities by launching UC-One SaaS in North America and EMEA. CBTS, a wholly-owned subsidiary of Cincinnati Bell, is the first service provider to deploy the new UC-One SaaS offer it to its customers.
UC-One SaaS is a new cloud delivery option which allows service providers to add UC-One capabilities in the cloud to their existing BroadWorks call control platform without the need for new software or the complexity of branding clients. Onboarding is simple and intuitive and takes mere minutes, allowing service providers to quickly deliver a comprehensive cloud UC service to end users.
UC-One is an intuitive collaboration application for calling, messaging, and meeting - ideal for companies of all sizes with mobile and dispersed employees. It includes all the essential unified communications and collaboration capabilities including HD voice and video, instant messaging, presence, file sharing, screen sharing, online meeting rooms with guest access, and integration with popular business applications to provide quick access to content during conversations. UC-One improves workplace collaboration, productivity and mobility, and is available on desktop, mobile and tablet.
http://mrem.bernama.com/viewsm.php?idm=31434
GAITHERSBURG, Md., March 13 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. now a part of Cisco, and a global market leader in cloud calling, meeting, messaging and contact center software as a service (SaaS), has made it quicker and easier than ever for BroadWorks® service providers to provide businesses access to popular BroadSoft cloud unified communications (UC) capabilities by launching UC-One SaaS in North America and EMEA. CBTS, a wholly-owned subsidiary of Cincinnati Bell, is the first service provider to deploy the new UC-One SaaS offer it to its customers.
UC-One SaaS is a new cloud delivery option which allows service providers to add UC-One capabilities in the cloud to their existing BroadWorks call control platform without the need for new software or the complexity of branding clients. Onboarding is simple and intuitive and takes mere minutes, allowing service providers to quickly deliver a comprehensive cloud UC service to end users.
UC-One is an intuitive collaboration application for calling, messaging, and meeting - ideal for companies of all sizes with mobile and dispersed employees. It includes all the essential unified communications and collaboration capabilities including HD voice and video, instant messaging, presence, file sharing, screen sharing, online meeting rooms with guest access, and integration with popular business applications to provide quick access to content during conversations. UC-One improves workplace collaboration, productivity and mobility, and is available on desktop, mobile and tablet.
http://mrem.bernama.com/viewsm.php?idm=31434
ETHOCA'S INTEGRATED SOLUTION SUITE AIMS TO ERADICATE 90% OF CHARGEBACKS THROUGH PROVEN INDUSTRY COLLABORATION
Led by ground-breaking Eliminator solution, the suite provides a three-layer defence from genuine fraud, friendly fraud and customer disputes, while creating a better experience for customers
TORONTO & AUSTIN, Texas & LONDON, March 15 (Bernama-BUSINESS WIRE) -- Ethoca, the industry standard for collaboration-based technology solutions that enable card issuers and online merchants to increase card acceptance and stop ecommerce fraud and disputes, today announced the launch of its new Integrated Solution Suite. When adopted at full scale across the industry, Ethoca’s suite of products – including Ethoca Eliminator, Ethoca Alerts and Enhanced Representments – can mitigate up to 90% of chargebacks from genuine fraud, friendly (or first-party) fraud and false claims. Even more importantly, it sets the stage for increased card acceptance across the ecosystem.
Today’s ecommerce ecosystem is plagued by a raft of issues that increase friction in the purchase process and create a negative experience for customers. With friendly fraud (whether innocent or hostile) and false claims now reaching 90% of all fraud volumes in sectors like digital goods, card issuers, merchants and customers are all facing a downward spiral of disputes that are having a significant impact on card acceptance. Industry estimates suggest that ‘false declines’ – when good customers are falsely declined due to the risk of fraud – are continuing to increase: for every $1 in confirmed fraud, $13 in legitimate transactions are falsely rejected. Customers experiencing a false decline will elect to abandon purchases at trusted ecommerce web sites, pull out a different payment card or, in 39% of cases, potentially abandon the purchase altogether.¹
TORONTO & AUSTIN, Texas & LONDON, March 15 (Bernama-BUSINESS WIRE) -- Ethoca, the industry standard for collaboration-based technology solutions that enable card issuers and online merchants to increase card acceptance and stop ecommerce fraud and disputes, today announced the launch of its new Integrated Solution Suite. When adopted at full scale across the industry, Ethoca’s suite of products – including Ethoca Eliminator, Ethoca Alerts and Enhanced Representments – can mitigate up to 90% of chargebacks from genuine fraud, friendly (or first-party) fraud and false claims. Even more importantly, it sets the stage for increased card acceptance across the ecosystem.
Today’s ecommerce ecosystem is plagued by a raft of issues that increase friction in the purchase process and create a negative experience for customers. With friendly fraud (whether innocent or hostile) and false claims now reaching 90% of all fraud volumes in sectors like digital goods, card issuers, merchants and customers are all facing a downward spiral of disputes that are having a significant impact on card acceptance. Industry estimates suggest that ‘false declines’ – when good customers are falsely declined due to the risk of fraud – are continuing to increase: for every $1 in confirmed fraud, $13 in legitimate transactions are falsely rejected. Customers experiencing a false decline will elect to abandon purchases at trusted ecommerce web sites, pull out a different payment card or, in 39% of cases, potentially abandon the purchase altogether.¹
TOMMY HILFIGER ANNOUNCES FORMULA ONE WORLD CHAMPION LEWIS HAMILTON AS GLOBAL BRAND AMBASSADOR FOR TOMMY HILFIGER MEN'S
As one of today’s greatest sports competitors, Lewis Hamilton will represent the world of TOMMY HILFIGER men’s as global brand ambassador starting Spring 2018.
AMSTERDAM, March 15 (Bernama-BUSINESS WIRE) -- Tommy Hilfiger, which is owned by PVH Corp. [NYSE: PVH], announces that British Formula One racing driver and four-time Formula One® World Champion Lewis Hamilton will appear as the new global brand ambassador for TOMMY HILFIGER men’s, including HILFIGER COLLECTION, TOMMY HILFIGER TAILORED and TOMMY HILFIGER Menswear, Underwear and Swimwear, starting Spring 2018. The partnership reflects Tommy Hilfiger’s strategic commitment to build on its strong menswear heritage and further drive the global growth of its men’s business, bringing the next generation of fans to the brand.
This press release features multimedia. View the full release here:http://www.businesswire.com/news/home/20180315005270/en/
“I have always admired Lewis’ incredible endurance during the race, as well as his unique style off the track, which speak to the new generation of Tommy Guys,” said Tommy Hilfiger. “He has built his incredible career as a racing driver with passion, dedication and extremely hard work – values that I embraced when founding my brand. We have a history with Formula One, and this partnership builds on our heritage of collaborations within the world of motor sport.”
Lewis Hamilton’s career achievements have put him in an elite group of global athletes, and he is regarded as one of the greatest Formula One drivers in history. He holds the record for all-time most pole positions, career points and most wins at different circuits. He has won at least one Grand Prix in every season he has competed in. Lewis Hamilton connects with more than 17 million fans through the incredible reach of his social media channels, offering his audience a unique behind-the-scenes glimpse into the Formula One racing world and his personal life.
“I believe in the power of fashion and innovation to celebrate individuality and break conventions, like Tommy Hilfiger,” said Lewis Hamilton. “Tommy’s designs inspire me to be bold in every outfit that I put together outside of the racing track, expressing my creativity and eclectic style with confidence. His groundbreaking TOMMYNOW experiential events are one-of-a-kind, and I’m very excited to partner with such visionary brand.”
The integrated men’s campaign was photographed by Mikael Jansson at the Pocono Raceway, also known as the Tricky Triangle, in Pennsylvania, U.S. and will break globally in Spring 2018. It features exclusive video teasers, print, online, and out of home media placements, and will be supported by unique consumer activations that continue to bring the brand’s unique perspective on pop culture to life around the world. The TOMMY HILFIGER men’s campaign will run alongside the brand’s dedicated women’s advertising, featuring global womenswear brand ambassador and international supermodel Gigi Hadid. The campaigns fused when Lewis Hamilton and Gigi Hadid took the wheel of a Mercedes-AMG GT S car at the Pocono Raceway, and recorded their first drive together around the track in a dash cam shot video, directed by Matt Baron, that shows their reactions to the other’s driving skills.
The Spring 2018 TOMMY HILFIGER men’s offering celebrates Tommy Hilfiger’s love of motor sports, where speed and immediacy fuse with a touch of vintage nostalgia. The collection, which premiered at TOMMYNOW “DRIVE” during Milan Fashion Week on February 25th, gives nod to the Formula One racing pit crew, with heritage work wear and a strong focus on denim. Street styles are born from the iconic shapes, bold colors and streamlined graphics of speed racers. Looking at the traditional American automobile culture, clothing is reinvented for a collection that fulfills the needs of today’s fast-paced lifestyle.
The brand heritage of TOMMY HILFIGER is closely linked with pop culture and sports icons. In the ‘90s, Hilfiger was one of the first designers to blend fashion and celebrity, and he became a pioneer in the industry by dressing young artists such as Aaliyah, Mark Ronson and Usher; and featuring musicians such David Bowie and Beyoncé in his advertising campaigns. In recent years, Tommy Hilfiger has established inspiring partnerships with international tennis champion Rafael Nadal, international supermodel Gigi Hadid, and award-winning musician/producer duo The Chainsmokers, reflecting the brand’s commitment to broaden its reach and connect with the next generation of consumers. Tommy Hilfiger also has a history with Formula One, most recently announcing a multi-year strategic partnership as the Official Apparel Partner for the four-time World Champions Mercedes-AMG Petronas Motorsport. The brand previously sponsored the Lotus Formula One team from 1991 to 1994, and was the first non-automotive brand to sponsor Ferrari’s Formula One team, including uniforms created by the designer himself, in 1998.
About Tommy Hilfiger
With a brand portfolio that includes TOMMY HILFIGER and TOMMY JEANS, Tommy Hilfiger is one of the world’s most recognized premium designer lifestyle groups. Its focus is designing and marketing high-quality men’s tailored clothing and sportswear, women’s collection apparel and sportswear, kidswear, denim collections, underwear (including robes, sleepwear and loungewear), footwear and accessories. Through select licensees, Tommy Hilfiger offers complementary lifestyle products such as eyewear, watches, fragrance, athletic apparel (golf and swim), socks, small leather goods, home goods and luggage. The TOMMY JEANS product line consists of jeanswear and footwear for men and women, accessories, and fragrance. Merchandise under the TOMMY HILFIGER and TOMMY JEANS brands is available to consumers worldwide through an extensive network of TOMMY HILFIGER and TOMMY JEANS retail stores, leading specialty and department stores, select online retailers, and at tommy.com.
About PVH Corp.
With a history going back over 135 years, PVH has excelled at growing brands and businesses with rich American heritages, becoming one of the largest apparel companies in the world. We have over 35,000 associates operating in over 40 countries and over $8 billion in annual revenues. We own the iconic CALVIN KLEIN, TOMMY HILFIGER, Van Heusen, IZOD,ARROW, Speedo*, Warner’s and Olga brands, as well as the digital-centric True & Co. intimates brand, and market a variety of goods under these and other nationally and internationally known owned and licensed brands.
*The Speedo brand is licensed for North America and the Caribbean in perpetuity from Speedo International Limited.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180315005270/en/
Contact
Tommy Hilfiger
Baptiste Blanc, +31 62904 2334
Sr. Director, Global Communications
baptiste.Blanc@tommy.com
or
Lewis Hamilton
Emma Philpott, +44 74924 49969
International Head of Entertainment and Sport
Emma.Philpott@purplepr.com
Source : Tommy Hilfiger
--BERNAMA
AMSTERDAM, March 15 (Bernama-BUSINESS WIRE) -- Tommy Hilfiger, which is owned by PVH Corp. [NYSE: PVH], announces that British Formula One racing driver and four-time Formula One® World Champion Lewis Hamilton will appear as the new global brand ambassador for TOMMY HILFIGER men’s, including HILFIGER COLLECTION, TOMMY HILFIGER TAILORED and TOMMY HILFIGER Menswear, Underwear and Swimwear, starting Spring 2018. The partnership reflects Tommy Hilfiger’s strategic commitment to build on its strong menswear heritage and further drive the global growth of its men’s business, bringing the next generation of fans to the brand.
This press release features multimedia. View the full release here:http://www.businesswire.com/news/home/20180315005270/en/
“I have always admired Lewis’ incredible endurance during the race, as well as his unique style off the track, which speak to the new generation of Tommy Guys,” said Tommy Hilfiger. “He has built his incredible career as a racing driver with passion, dedication and extremely hard work – values that I embraced when founding my brand. We have a history with Formula One, and this partnership builds on our heritage of collaborations within the world of motor sport.”
Lewis Hamilton’s career achievements have put him in an elite group of global athletes, and he is regarded as one of the greatest Formula One drivers in history. He holds the record for all-time most pole positions, career points and most wins at different circuits. He has won at least one Grand Prix in every season he has competed in. Lewis Hamilton connects with more than 17 million fans through the incredible reach of his social media channels, offering his audience a unique behind-the-scenes glimpse into the Formula One racing world and his personal life.
“I believe in the power of fashion and innovation to celebrate individuality and break conventions, like Tommy Hilfiger,” said Lewis Hamilton. “Tommy’s designs inspire me to be bold in every outfit that I put together outside of the racing track, expressing my creativity and eclectic style with confidence. His groundbreaking TOMMYNOW experiential events are one-of-a-kind, and I’m very excited to partner with such visionary brand.”
The integrated men’s campaign was photographed by Mikael Jansson at the Pocono Raceway, also known as the Tricky Triangle, in Pennsylvania, U.S. and will break globally in Spring 2018. It features exclusive video teasers, print, online, and out of home media placements, and will be supported by unique consumer activations that continue to bring the brand’s unique perspective on pop culture to life around the world. The TOMMY HILFIGER men’s campaign will run alongside the brand’s dedicated women’s advertising, featuring global womenswear brand ambassador and international supermodel Gigi Hadid. The campaigns fused when Lewis Hamilton and Gigi Hadid took the wheel of a Mercedes-AMG GT S car at the Pocono Raceway, and recorded their first drive together around the track in a dash cam shot video, directed by Matt Baron, that shows their reactions to the other’s driving skills.
The Spring 2018 TOMMY HILFIGER men’s offering celebrates Tommy Hilfiger’s love of motor sports, where speed and immediacy fuse with a touch of vintage nostalgia. The collection, which premiered at TOMMYNOW “DRIVE” during Milan Fashion Week on February 25th, gives nod to the Formula One racing pit crew, with heritage work wear and a strong focus on denim. Street styles are born from the iconic shapes, bold colors and streamlined graphics of speed racers. Looking at the traditional American automobile culture, clothing is reinvented for a collection that fulfills the needs of today’s fast-paced lifestyle.
The brand heritage of TOMMY HILFIGER is closely linked with pop culture and sports icons. In the ‘90s, Hilfiger was one of the first designers to blend fashion and celebrity, and he became a pioneer in the industry by dressing young artists such as Aaliyah, Mark Ronson and Usher; and featuring musicians such David Bowie and Beyoncé in his advertising campaigns. In recent years, Tommy Hilfiger has established inspiring partnerships with international tennis champion Rafael Nadal, international supermodel Gigi Hadid, and award-winning musician/producer duo The Chainsmokers, reflecting the brand’s commitment to broaden its reach and connect with the next generation of consumers. Tommy Hilfiger also has a history with Formula One, most recently announcing a multi-year strategic partnership as the Official Apparel Partner for the four-time World Champions Mercedes-AMG Petronas Motorsport. The brand previously sponsored the Lotus Formula One team from 1991 to 1994, and was the first non-automotive brand to sponsor Ferrari’s Formula One team, including uniforms created by the designer himself, in 1998.
About Tommy Hilfiger
With a brand portfolio that includes TOMMY HILFIGER and TOMMY JEANS, Tommy Hilfiger is one of the world’s most recognized premium designer lifestyle groups. Its focus is designing and marketing high-quality men’s tailored clothing and sportswear, women’s collection apparel and sportswear, kidswear, denim collections, underwear (including robes, sleepwear and loungewear), footwear and accessories. Through select licensees, Tommy Hilfiger offers complementary lifestyle products such as eyewear, watches, fragrance, athletic apparel (golf and swim), socks, small leather goods, home goods and luggage. The TOMMY JEANS product line consists of jeanswear and footwear for men and women, accessories, and fragrance. Merchandise under the TOMMY HILFIGER and TOMMY JEANS brands is available to consumers worldwide through an extensive network of TOMMY HILFIGER and TOMMY JEANS retail stores, leading specialty and department stores, select online retailers, and at tommy.com.
About PVH Corp.
With a history going back over 135 years, PVH has excelled at growing brands and businesses with rich American heritages, becoming one of the largest apparel companies in the world. We have over 35,000 associates operating in over 40 countries and over $8 billion in annual revenues. We own the iconic CALVIN KLEIN, TOMMY HILFIGER, Van Heusen, IZOD,ARROW, Speedo*, Warner’s and Olga brands, as well as the digital-centric True & Co. intimates brand, and market a variety of goods under these and other nationally and internationally known owned and licensed brands.
*The Speedo brand is licensed for North America and the Caribbean in perpetuity from Speedo International Limited.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180315005270/en/
Contact
Tommy Hilfiger
Baptiste Blanc, +31 62904 2334
Sr. Director, Global Communications
baptiste.Blanc@tommy.com
or
Lewis Hamilton
Emma Philpott, +44 74924 49969
International Head of Entertainment and Sport
Emma.Philpott@purplepr.com
Source : Tommy Hilfiger
--BERNAMA
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