Wednesday, August 30, 2023

STARR NAMES SEAN CHEN CEO OF STARR SINGAPORE



Sean Chen, CEO of Starr Singapore (Photo: Business Wire)

Sean Chen, CEO of Starr Singapore (Photo: Business Wire)


NEW YORK, Aug 30 (Bernama-BUSINESS WIRE) -- Starr Insurance today announced that Sean Chen, a 14-year member of Starr’s global team, has been named chief executive officer of Starr International Insurance (Singapore) Pte. Ltd. (Starr Singapore), effective August 28.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230829271989/en/
 
Sean most recently served as Starr’s regional manager for Korea, Taiwan and Japan for property, energy and construction. He previously served as a senior property underwriter in Starr’s Hong Kong office. Including his time at Starr, Sean has more than 25 years of underwriting and client relations experience on both the insurance carrier and broker sides of the business.

“We’re fortunate to have an executive of Sean’s caliber, with extensive underwriting experience, to help us grow our presence in Asia,” said Maurice R. Greenberg, chairman and CEO of Starr Insurance. “Sean’s advancement underscores Starr’s strength as a place where people can thrive along with the company.”

Sean succeeds Phil Finley as CEO of Starr Singapore. Phil recently moved to Thailand as CEO of Starr International Insurance (Thailand) Public Company Limited, to oversee the expansion of that important new venture for Starr while continuing to lead Starr’s Asia operations as president, Asia Pacific Region.

About Starr Insurance

Starr Insurance (or Starr) is a marketing name for the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment business of C. V. Starr & Co., Inc. and its subsidiaries. Starr is a leading insurance and investment organization with a presence on six continents; through its operating insurance companies, Starr provides property, casualty, and accident and health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance. Starr’s insurance company subsidiaries domiciled in the U.S., Bermuda, China, Hong Kong, Malta, Singapore, Switzerland and U.K. each have an A.M. Best rating of “A” (Excellent). Starr’s Lloyd’s syndicate has a Standard & Poor’s rating of “A+” (Strong).

Visit us at www.starrcompanies.com or follow us LinkedIn and Twitter.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230829271989/en/


Contact

Charlie Armstrong
Vice President, Marketing
charlie.armstrong@starrcompanies.com, 646.758.8308

Source : Starr Insurance Companies

Tuesday, August 29, 2023

VAHANNA SHAREHOLDERS APPROVE ROADZEN BUSINESS COMBINATION




KUALA LUMPUR, Aug 29 (Bernama) -- Roadzen Inc (Roadzen) and Vahanna Tech Edge Acquisition I Corp (Vahanna), a publicly traded special purpose acquisition company, announced their previously declared business combination was approved at Vahanna’s shareholders special meeting on Aug 25.

In a statement, Roadzen said approximately 83 per cent of the shareholders voted in favour of the business combination.

It stated that subject to the satisfaction of customary closing conditions, the transaction is expected to close in September 2023.

The combined company will be renamed Roadzen Inc, and its shares and warrants are expected to begin trading on Nasdaq under the symbols “RDZN” and “RDZNW”, respectively, one day following the closing date.

Steve Carlson, who will serve as Roadzen’s Chairman following the closing of the business combination, said: “We believe that the company and its vertical AI narrative will remain captivating for years ahead.

“Roadzen's journey highlights rapid growth, solid foundations, and groundbreaking technology, all under the guidance of a visionary CEO and a stellar global team. As Roadzen cements its leadership in AI, mobility and insurance, we are thrilled to be listing this extraordinary company on Nasdaq.”

A global insurance technology company, Roadzen is on a mission to transform global auto insurance powered by advanced artificial intelligence (AI), with 400 employees across its global offices in the United States, India, the United Kingdom and France.

-- BERNAMA

Monday, August 28, 2023

YILI IS WORLD'S MOST VALUABLE DAIRY BRAND, 4 YEARS RUNNING





KUALA LUMPUR, Aug 28 (Bernama) -- Yili Group, a global dairy giant, has topped the world’s dairy brand value ranking for four consecutive years, showcasing robust double digits growth, according to Brand Finance’s Food & Drink 2023 report.

According to a statement, Yili's brand value surged to US$12.4 billion, making a 17 per cent increase compared to the previous year. (US$1=RM4.64)

Brand valuation and strategy consultancy, Brand Finance highlighted that Yili has earned a world-renowned reputation with its focus on quality, innovation and social responsibility.

The consultancy said Yili has fostered strong customer loyalty in its local market by consistently delivering products of exceptional quality and perceived health benefits.

“This has contributed to strong domestic sales growth, while the brand's global presence has also propelled its overseas revenue,” it said.

Yili’s “dual-engine” strategy which features both innovation and digitisation, has greatly contributed to its brand value growth, in which it has set up a three-tiered research and development (R&D) platform that includes the open innovation platform, group innovation centre and BU-level application innovation platform.

In addition, Yili has continued its efforts aimed at meeting consumers' diverse demands for healthier food, by launching multiple functional dairy products this year, that help boost people's immune systems or control their blood-sugar levels.

Stepping up its supply-chain digital transformation, Yili has developed a series of world-leading smart farms that operate without human intervention throughout their processes, toward the upstream; launched numerous smart factories featuring enhanced production and management efficiency, midstream; and adopted a digital consumer operation approach that covers both online and offline consumption, for downstream.

By putting digital technology into comprehensive application, Yili has step-by-step effected digital and intelligent upgrading throughout the entire operations chain, covering various functions including R&D, manufacturing, supply chains and marketing.

In April 2022, Yili became the first Chinese food company to release its peak carbon emission and carbon neutrality targets as well as a roadmap which includes a long-term pledge to achieve carbon neutrality throughout the industrial chain by 2050.

In pursuit of its dream of “World Integrally Sharing Health”, Yili will continue to enhance its global partnerships, innovation and digitalisation to further improve its product and service quality.

-- BERNAMA

Saturday, August 26, 2023

TOSHIBA RELEASES 600V SMALL INTELLIGENT POWER DEVICES FOR BRUSHLESS DC MOTOR DRIVES

 

Toshiba: 600V small intelligent power devices for brushless DC motor drives. (Graphic: Business Wire)

- Surface mount type small package helps reduce mounting area and the size of circuit boards for motor drives -

KAWASAKI, Japan, Aug 24 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has launched two 600V small intelligent power devices (IPD) for brushless DC motor drive applications such as air conditioners, air cleaners, and pumps. Volume shipments of “TPD4163F” and “TPD4164F,” which have output current (DC) ratings of 1A and 2A, respectively, start today. 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230823689519/en/ 

Both new products are housed in a surface mount type HSSOP31 package, which reduces the mounting area by approximately 63% against Toshiba’s previous products[1]. This makes smaller motor drive circuit boards possible, and also reduces the height of the motor.
As power supply voltage may fluctuate significantly in regions with unstable power supply, the voltage has been increased from the 500V of Toshiba’s previous products[1] to 600V, which improves reliability.

A “Reference Design for Sensorless Brushless DC Motor Drive Circuit” that utilizes the functions of the new TPD4164F with a TMPM374FWUG microcontroller with vector control engine is available from today on Toshiba’s website.

http://mrem.bernama.com/viewsm.php?idm=46821

Friday, August 25, 2023

NIQ CELEBRATES 100 YEARS OF EMPOWERING COMPANIES WITH FORWARD-LOOKING BUYER INSIGHTS



A Century of Investing in Insights, Technology, and Talent to Provide the Full View of Consumer Intelligence


CHICAGO, Aug 25 (Bernama-BUSINESS WIRE) -- NIQ, the global leader in consumer intelligence, today celebrates its 100th anniversary. Founded by Arthur C. Nielsen, Sr. in 1923, the company that created the concept of market share has evolved into the world’s leading authority on consumer buying behavior and actionable, data-driven insights — measuring more channels, consumers, and countries than any other provider.

Earlier this year, NIQ announced the successful completion of its strategic combination with GfK. With the leading consumer intelligence providers for FMCG, technology, and durables together, the global company is uniquely able to offer the Full View™, the world’s most complete and clear view of consumer buying behavior. The combined company has over $4 billion in sales and over 30,000 clients covering more than 100 countries. This was just the latest development in decades of successful investments in coverage and technology innovation designed to prepare customers for the future via omnichannel coverage, business intelligence tools, and predictive analytics.

“This is an exciting and transformative year for NIQ, as we celebrate our long history as an industry leader while advancing our vision to lead the next chapter in consumer intelligence,” said Jim Peck, CEO of NIQ. “We are so proud of how far we have come and confident in our position as the best and only choice for companies who understand how tremendously powerful omnichannel data and insights are in navigating an increasingly complex consumer landscape.”

For the next 100 years and beyond, NIQ will continue to move measurement forward and uncover new pathways for growth by helping retailers and brands:
  • Track sales and share across brick-and-mortar, e-commerce, and omnichannel to identify trends and understand competitive and category performance.
  • Understand consumer and shopper behavior, demographics and loyalty through consumer panels and custom survey capabilities.
  • Maximize profitability, eliminate wasteful trade spend, and ensure the right price and promotion strategy with more granular data and precise recommendations.
  • Create sustainable growth by improving assortments and merchandizing.
  • Evaluate opportunities to increase sales and quantify the impact of potential outputs, media, and in-store actions based on geographies and demographics.
  • Create the best shopping experiences for consumers through personalization and digitization.
  • Maintain sales by quickly identifying out-of-stock risks and reducing supply chain disruptions.
  • Fuel growth and accelerate time-to-market by testing, refining, and reinventing product lines with highly predictive, market-tested consumer insights.
“As we step into the next century, we are more committed than ever to leveraging cutting-edge technology to empower businesses with the insights they need to succeed – and I firmly believe that the best is yet to come,” added Peck.

About NIQ

NIQ is the world’s leading consumer intelligence company, delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. In 2023, NIQ combined with GfK, bringing together the two industry leaders with unparalleled global reach. With a holistic retail read and the most comprehensive consumer insights—delivered with advanced analytics through state-of-the-art platforms—NIQ delivers the Full View™.

NIQ, is an Advent International portfolio company with operations in 100+ markets, covering more than 90% of the world’s population. For more information, visit NIQ.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230824041435/en/

Contact

Media
Gillian Mosher (gillian.mosher@nielseniq.com)

Source : NIQ

WEMADE CELEBRATES SECOND ANNIVERSARY OF MIR4 GLOBAL SERVICE WITH SPECIAL EVENTS!

 

Wemade celebrates 2nd anniversary of MIR4 on August 22 (Graphic: Wemade)


-Offering a range of benefits through various events including “Gold Goblin’s Gold Ingot Exchange Shop,” “Divine Dragon’s Blessing,” and “14-day Check-in”


-Users can get “Divine Dragon’s Surprise Gift” just by logging in to the game during designated times for three days starting from August 26th

-Addition of Domination Server PvP content “Altar of Black Dragon,” clan buffs granted for defending the altar

SEOUL, South Korea, Aug 23 (Bernama-BUSINESS WIRE) -- Wemade's blockbuster MMORPG MIR4 is holding a number of events starting from August 22nd to celebrate the second anniversary of service.
 
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230821233304/en/ 


“Gold Goblin’s Gold Ingot Exchange Shop” will be open until September 11th. Users will be able to bring “Mir Gold Ingot” obtained from hunting monsters to the NPC “Second Anniversary Gold Goblin” located in each major city to exchange with various items such as Tier II Secondary Weapons and Earrings, “Legendary Divine Dragon’s Enhancement Stone,” and “Second Anniversary Dragon God Badge.” 

In addition, the “Divine Dragon’s Blessing” event will give users another opportunity to combine items of the highest grade of their previous failed combine attempts. And users will be able to get items like “Legendary Constitution Enhancement Box” and “Legendary Promotion Material Box” from the “Second Anniversary Goblin 14-Day Check-in” event until September 18th. 

The “Divine Dragon’s Surprise Gift” event will be available for three days starting from August 26th. Users will be able to obtain “Vigor Pill,” “Divine Dragon’s Surprise Gift Chest,” and more upon logging in during designated times. 

Thursday, August 24, 2023

CONAGEN INNOVATES NOVEL NATURAL-SOURCE RETINOL FOR COSMETIC FORMULATIONS

Bedford, Mass., Aug 22 (Bernama-GLOBE NEWSWIRE) -- Conagen, the bioplatform innovator and biomanufacturer, has developed a first-of-its-kind, natural-sourced class of sustainable retinol derivative ingredients through precision fermentation. This achievement in new retinol active ingredients reshapes beauty and personal care applications.

“Conagen is ready to commercialize these retinoid ingredients in 2024,” said VP of Flavors and Fragrances, Yisheng Wu, Ph.D. at Conagen. “Beauty and personal care brands seeking the newest technology in retinol formulation flexibility are encouraged to explore Conagen’s retinoid ingredients.”

Conagen’s retinoids derivatives are created by covalently binding retinoids with another cosmetic active ingredient into a single molecule. The retinol is produced with a 100% renewable carbon source through the precision fermentation process. Through the fusion of retinol and a second complementary ingredient, the technology offers consumers functionalities that extend beyond wrinkle reduction and anti-aging benefits.
 
"This new development empowers cosmetic formulators to create products that excel in both performance and innovation, aligning with the ever-evolving demands of today's discerning consumers,” said Wu. “By providing enhanced stability, controlled release, and multifunctional capabilities, Conagen's retinoid derivatives redefine the possibilities within the cosmetic industry.”

A notable feature of Conagen's innovative retinoid variants is their adaptability. Depending on the selected partner for pipeline integration, these compounds introduce flexibility, enabling cosmetic formulators to incorporate a secondary function. This presents opportunities for inventive features that uniquely enhance cosmetic formulations.

Pushing the limits in creative beauty, Conagen’s primary achievement lies in the improved stability these retinoid derivatives provide. This enhanced stability enables cosmetic products to ensure a consistent and extended release of retinol, resulting in long-lasting effects on the skin. Traditional retinol is known to cause skin irritation, such as redness, dryness, and peeling. Conagen’s retinol ingredients aid in the formulation of low-irritation retinol products. These ingredients are compatible with other compounds, such as squalene, bakuchiol, and pomegranate extract, maximizing delivery and effectiveness while minimizing potential off-target effects. 

Tuesday, August 22, 2023

ARM FILES FOR LISTING ON NASDAQ



KUALA LUMPUR, Aug 22 (Bernama) -- Arm Holdings Limited (Arm) announced it has publicly filed a registration statement on Form F-1 with the United States (US) Securities and Exchange Commission (SEC) relating to the proposed initial public offering (IPO) of American depositary shares (ADSs) representing its ordinary shares.

In a statement, Arm said it has applied to list the ADSs on the Nasdaq Global Select Market under the symbol “ARM”.

However, the number of ADSs to be offered and the price range for the proposed offering have yet to be determined.

Raine Securities LLC is acting as financial advisor in connection with the proposed offering, while Barclays, Goldman Sachs & Co LLC, J.P. Morgan and Mizuho are acting as joint book-running managers for the proposed offering.

Building the future of computing, Arm’s energy-efficient processor designs and software platforms have enabled advanced computing in more than 250 billion chips, while its technologies securely power products from the sensor to the smartphone and the supercomputer.

-- BERNAMA

Friday, August 18, 2023

TVS Motor Company, BMW Motorrad Mark A Decade Of Strategic Partnership

KUALA LUMPUR, Aug 17 (Bernama) -- TVS Motor Company and BMW Motorrad celebrate 10 glorious years of their long and strategic partnership, which is hailed as an exemplary alliance in the two-wheeler industry.

Spanning over product development, design, technology, knowledge sharing and developing common platforms for both global customers, the strategic partnership between the companies have achieved a series of milestones globally.

“TVS Motor’s decade long relationship with BMW Motorrad is a testament of our common values on innovation, quality, customer delight, engineering prowess, and focus on delivering globally aspirational products.

“We look forward to working closely on developing platforms targeted towards the global urban centric markets and the uber-cool next generation of consumers,” said TVS Motor Company, Director & Chief Executive Officer, KN Radhakrishnan in a statement.

Meanwhile, Head of BMW Motorrad, Dr Markus Schramm said: “The extension and expansion of this partnership towards future technologies and sustainable mobility solutions including the unique and fully electric masterpiece BMW CE 02 is therefore a consistent step to also shape the future together with TVS Motor Company.”

In April 2013, TVS Motor and BMW Motorrad signed a long-term strategic partnership to manufacture sub-500cc motorcycles for global markets, in which the collaboration has resulted in the development of four products on the 310cc platform.

With over 140,000 customers, the motorcycles under this partnership are well accepted across leading markets including the European Union (EU), the United States (US), Latin America, Japan, China and India.

The success of this cooperation has been the steppingstone for extending and expanding the partnership by the two companies in December 2021. In line with this, TVS Motor and BMW Motorrad are jointly developing new platforms and future technologies, including electric vehicles.

Furthermore, as part of this extended association, TVS Motor’s scope includes the design and development of future BMW Motorrad products, delivering world-class quality, supply chain management and industrialisation.

-- BERNAMA


Wednesday, August 16, 2023

NIPPON EXPRESS (IRELAND) OPENS NEW WAREHOUSE IN DUBLIN, BEGINNING OPERATIONS JULY 1

TOKYO, Aug. 16, 2023 /Kyodo JBN-AsiaNet/ --

Nippon Express (Ireland) Ltd. (hereafter "NX Ireland"), a group company of NIPPON EXPRESS HOLDINGS, INC., has established a new warehouse, "Contract Logistics Center," in Dublin city, beginning its operations on July 1.
 
Logo:
https://kyodonewsprwire.jp/img/202308097926-O1-X51Q0SoK
 
Photo: Warehouse exterior
https://cdn.kyodonewsprwire.jp/prwfile/
release/M103866/202308097926/_prw_PI2fl_H02h4ZHW.jpg

 
 
Ireland is one of the world's leading pharmaceutical exporters and one of the countries with remarkable growth in the pharmaceutical field. It is also expected to grow in technology industries such as semiconductors and information and communication technologies, and many international companies have bases in Ireland for research and development and production. From this background, demand is expected for advanced logistics facilities capable of offering features such as temperature control.
 
The new "Contract Logistics Center" established by NX Ireland is located about 3 km from Dublin Airport and about 12 km from Dublin Port, which is suitable for both air and sea transportation. NX Ireland has installed a clean room equipped with environmental requirements (temperature/humidity/dust/electrostatic management) necessary for handling semiconductors and electronic components. Additionally, the facility is equipped to handle the storage and transportation of pharmaceuticals. The company offers high-quality services to customers in the pharmaceutical and semiconductor-related industries.
 
The Nippon Express Group aims to expand logistics services in Europe through the establishment of the new warehouse and to contribute to further development of customer business activities by expanding logistics functions globally.
 
Profile of new warehouse
-Name: Contract Logistics Center, Nippon Express (Ireland) Ltd.
-Address: Unit 23, Cedar Drive, Dublin AirPort Logistics Park, Dublin, K67 R2H7, Co. Dublin, Republic of Ireland
-Total floor area: 4,768 m2 (51,319 ft2) (Temperature-controlled, nitrogen purging warehouse 2,509 m2 (27,007 ft2) / Pharma rooms +2/+25 C & semiconductor cleanroom facility 651 m2 (7,007 ft2))
-Key facilities: Full air conditioning management, surveillance cameras, customs bonded areas, full sprinkler system covering all areas, nitrogen purging facility and also external charging points for climate containers, truck dock leveler bays x 5 and two large loading bay ramps. Next to Dublin Port inner terminal and close proximity of Dublin Airport cargo terminal.
-Start of operations: July 1, 2023
 
Nippon Express website: https://www.nipponexpress.com/
 
Nippon Express Group's official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/
 
 
Source: NIPPON EXPRESS HOLDINGS, INC.  

http://mrem.bernama.com/viewsm.php?idm=46779

Tuesday, August 15, 2023

EXP REALTY SURPASSES 1,000 AGENTS IN SOUTH AFRICA

KUALA LUMPUR, Aug 14 (Bernama) -- eXp Realty, the core subsidiary of eXp World Holdings Inc, announced it has exceeded 1,000 agents across South Africa, representing an over 74 per cent increase from the 574 total agent count in July 2022.

“Our attractive and continuously evolving agent-centric value proposition continues to resonate with agents from around the world and we are so thrilled to be home to over 1,000 real estate professionals in South Africa,” said eXp Realty Chief Growth Officer, Michael Valdes in a statement.

Meanwhile, eXp Realty South Africa Director and Country Leader, Andrew Thompson said eXp South Africa has had more transactions in the first six months of this year compared to last year.

“eXp South Africa has realised a cash-flow positive, debt-free and profitable operation in its first 15 months since receiving its licence via the Property Practitioners Regulatory Authority back in December 2020.

“Since its inception, eXp has remained committed to putting agents first to equip them with the knowledge and tools necessary to reach their full potential. I am so proud to be able to lead such an incredible group of agents through this expansion and beyond,” he added.

The largest independent real estate company in the world, eXp Realty has more than 88,000 agents and continues to scale internationally.

Meantime, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth.

-- BERNAMA

US Steel Commences Strategic Alternatives Process

KUALA LUMPUR, Aug 14 (Bernama) -- United States Steel Corporation (US Steel) announced its Board of Directors has decided to initiate a formal review process, with the assistance of outside financial and legal advisors, to evaluate strategic alternatives for the company.

According to US Steel in a statement, the Board of Directors and management team are committed to acting in the best interests of the company, its stockholders and its stakeholders.

“US Steel’s Board and management team are committed to maximising value for our stockholders, and to that end, we have commenced a comprehensive and thorough review of strategic alternatives,” said its President, Chief Executive Officer and member of the Board of Directors, David B. Burritt.

He added this decision was as a result of the company receiving multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole company.

“The Board is taking a measured approach to considering these proposals, including seeking more information in order to evaluate proposals that are preliminary and subject to ongoing due diligence and review,” he said.

US Steel has made significant progress transforming the company into a customer-centric, world-competitive Best for All steelmaker as it continues to win in strategic markets, move down the cost curve and move up the talent curve.

Founded in 1901, US Steel is a leading steel producer headquartered in Pittsburgh, Pennsylvania, with world-class operations across the US and in Central Europe.

-- BERNAMA

Monday, August 7, 2023

LOUIS BIDMEAD JOINS BERKSHIRE HATHAWAY SPECIALTY INSURANCE



KUALA LUMPUR, Aug 7 (Bernama) -- Berkshire Hathaway Specialty Insurance (BHSI) announced it has named Louis Bidmead as Head of Transactional Liability Insurance for Asia and the Middle East.

In this role, Bidmead will work with BHSI’s global transactional liability team to provide its comprehensive line of coverages to manage the risks of mergers, acquisitions and other corporate transactions.

Based in Singapore, he will report to the company’s Head of Executive & Professional Liability for Asia, Scotland Walsh-Riddle, according to BHSI in a statement.

“BHSI continues to expand our transactional liability portfolio in Singapore and throughout Asia and the Middle East. Louis has extensive knowledge of the intricacies of M&A transactions, and I am excited to have him leading our team as we deliver tailored and timely solutions for customers,” said Walsh-Riddle.

Bidmead comes to BHSI with 14 years of experience as both a lawyer specialising in mergers and acquisitions transactions and corporate advisory at major law firms and as a senior underwriter, providing warranty & indemnity insurance solutions at a global insurer.

Incorporated in Nebraska, the United States, BHSI provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programmes, accident and health, medical stop loss, homeowners and multinational insurance.

-- BERNAMA

Thursday, August 3, 2023

Stephanie Wilkinson Joins Simpro As Chief Revenue Officer

KUALA LUMPUR, Aug 2 (Bernama) -- Simpro, the total business management software for commercial and residential trade service businesses, announced Stephanie Wilkinson will join the team as its new Chief Revenue Officer.

According to Simpro in a statement, this strategic addition comes as part of the company’s commitment to drive growth while scaling and unifying its business operations.

“Stephanie’s experience and proven leadership in sales, support and customer success will be a strong addition to our team and I am thrilled to welcome her to Simpro.

“With her leadership, we are confident in our ability to accelerate our growth, expand our market presence and deliver exceptional value to our customers,” said Simpro Chief Executive Officer, Gary Specter.

Meanwhile, Wilkinson said: “I am honoured to join Simpro at such a pivotal time in their growth journey. This is an exciting time for the company, and I look forward to collaborating with the team to further accelerate Simpro’s global growth and customer success.”

With more than 26 years in the software technology industry, Wilkinson brings a unique perspective of technical expertise and strategic acumen to the role.

Prior to joining Simpro, she held executive positions at several technology companies including IBM Software Group and Magento, and most recently served as the Vice President of Growth Sales and Customer Success for Adobe’s Digital Experience business.

Wilkinson holds a degree in Mechanical Engineering from the University of Arizona and is currently an advisory board member for the Technology & Services Industry Association.

-- BERNAMA


Wednesday, August 2, 2023

RAYVATEK USES SLM SOLUTIONS' TECHNOLOGY TO ACHIEVE DEVELOPMENT IN AEROSPACE PRODUCTS

KUALA LUMPUR, Aug 1 (Bernama) -- Rayvatek has collaborated with SLM Solutions, the industrial metal 3D printing machines provider, in developing aerospace materials solutions to overcome technical constraints associated with traditional manufacturing methods, and deliver high-performance products with lower cost and greater efficiency.

The aerospace industry was one of the earliest to adopt 3D printing technology and continues to be one of the fastest-growing fields for the application of 3D printing globally.

It is also a key focus sector for SLM Solutions as its metal 3D printing technology is ideally suited to producing materials that meet the strict requirements of aircraft engine manufacturers for metallurgical and mechanical performance, enabling efficient manufacturing processes, superior product quality, and lower production costs.

In a statement, Rayvatek emphasised the value of SLM Solutions technology in developing high-performance products and overcoming common pain points in aerospace materials manufacturing.

In addition, 3D printing technology helps to overcome other constraints associated with traditional manufacturing methods, therefore by using the SLM280 3D printer, Rayvatek is able to manufacture injectors of different sizes via a single manufacturing process.

The SLM280 can fabricate hollow parts for impellers, reducing the weight and the moment of inertia of the product, thereby improving efficiency and reducing energy consumption.

It also help Rayvatek to improve quality control and follow-up testing in the production process, and greatly shorten processing time to achieve cost reduction and efficiency increase.

Rayvatek is an innovative metal additive manufacturing technology and service company, with a presence across Asia Pacific.

-- BERNAMA