Thursday, June 9, 2016

MOCA ENTERS BROADBAND ACCESS MARKET

ANGA, COLOGNE, Germany and SAN RAMON, Calif., June 9 (Bernama-GLOBE NEWSWIRE) -- MoCA® is developing a specification targeting multiple dwelling units (MDUs) called MoCA Access™.  The specification will be based on the current MoCA 2.0 standard which is capable of 1 Gbps net throughputs.
 
“Our move into access applications is driven by operators worldwide who told us they need one Gbps actual throughputs with a long-term migration path and want to use the existing coax infrastructure,” said Charles Cerino, president of MoCA. “Our performance and reliability attributes are proving to be a great solution in broadband applications as well as the home network backbone.”


APTEAN EXPANDS EXPERTISE TO PUBLIC SECTOR MARKET WITH THE ACQUISITION OF ADVANCED PUBLIC SAFETY

ALPHARETTA, Ga., June 9 (Bernama-GLOBE NEWSWIRE) -- Aptean, a leading provider of mission critical enterprise software solutions, announced today the acquisition of Advanced Public Safety Inc. (APS), a business of Trimble (NASDAQ:TRMB), which provides software solutions that increase safety and productivity for law enforcement and public safety agencies across the United States.
 
“The acquisition of APS brings Aptean new opportunities to expand in the public sector space,” said Kim Eaton, Aptean CEO. “The electronic citation software APS provides to the law enforcement community is a good strategic fit with our portfolio of vertically-focused mission critical enterprise software solutions. We look forward to supporting the growth of APS through Aptean’s experience in bringing relevant and trusted technology solutions to our customers across the globe.”


A.M. BEST AFFIRMS RATINGS OF WING LUNG INSURANCE COMPANY LIMITED

HONG KONG, June 9 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Wing Lung Insurance Company Limited (WLI) (Hong Kong). The outlook for each rating remains stable.
 
The rating affirmations reflect WLI’s strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), favorable operating results and adequate reinsurance protection.
 
WLI’s capital and surplus strengthened to HKD 945 million (USD 122 million) at year-end 2015, representing a year-on-year increase of 13.5% and five-year compound average growth of 16.5% per annum. This capital improvement is due to full profit retention over the past few years. Despite intense competition in Hong Kong’s employees’ compensation and motor lines segments, which are WLI’s key business lines, the company has maintained pricing discipline and delivered positive and improving underwriting results since 2010. WLI also has achieved stable investment income from its diversified investment portfolio.


MASKARGO CUTS OVER TO CLOUD-BASED LOGISTICS MANAGEMENT SYSTEM

KUALA LUMPUR, June 8 (Bernama) -- MAB Kargo Sdn Bhd (MASkargo) has
successfuly cut over to Unisys' cloud-based Logistics Management System (LMS) to
manage its domestic and international cargo services to replace its legacy cargo
management system.

MASkargo said all of its core system functions from the previous mainframe-based system were transitioned to the LMS and the cutover included 
customisations to integrate with the carrier's automated warehouse system.

 In a statement today, MASkargo Chief Executive Officer Ahmad Luqman Mohd
Azmi said due to the nature of the company's daily operations, a heavy-duty
system that is accessible system-wide is needed.

"Being a cloud-based system, it will enable us to access regular updates and
enhancements in the future.

"The Internet-based system provides global access in a direct and
cost-efficient manner and enables users to make reservations anytime and
anywhere based on controls built into the system," he said.

Unisys Vice President Logistics Solutions Christopher Shawdon said LMS is
used by leading airlines worldwide to manage their air cargo business.

The cloud-based delivery model allows airlines to reduce costs compared to
running traditional software systems, and speeds the pace of change as
enhancements are deployed each month for all clients, said Shawdon.

The cloud model also helps members work collaboratively on developments, he
added.

MASkargo is the cargo division of Malaysia Airlines Bhd, and processes
approximately 1.5 million master and house air waybills per year.

 It is the largest ground handling agent in Kuala Lumpur and acts as the
agent for more than 30 foreign airlines at its Advanced Cargo Centre to accept,
process and deliver cargo shipments which are carried on foreign carriers'
flights.

    -- BERNAMA

Wednesday, June 8, 2016

EURONET EXPANDS ITS SHARED INDEPENDENT AUTOMATED DEPOSIT TERMINAL NETWORKS ACROSS EUROPE

LEAWOOD, Kan., June 8 (Bernama-GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (NASDAQ:EEFT), a leading global payments provider, announces the further expansion of its pioneering Shared Independent Recycler Automated Deposit Terminal (“Recycler ADT”) Network across Europe. Euronet’s Recycler ADT Network has now reached 2,500 ADTs in Poland, Germany, Romania and Czech Republic with plans to expand further in more markets within 2016.
 
Euronet's Shared Independent Recycler Deposit Networks are the first to be operated with participation from multiple banks. Automating cash deposits allows banks to extend their branch services without incurring the cost of operating additional branch locations, reduces deposit processing costs and enhances customer satisfaction.


C&C GROUP IN DISTRIBUTION PARTNERSHIP WITH INTERBEV SINGAPORE

SINGAPORE, June 8 (Bernama-BUSINESS WIRE) -- C&C Group announces new distribution partnership with InterBev (Singapore) Limited, a subsidiary of ThaiBev.
 
Under the terms of the newly-formed partnership, Interbev Singapore and C&C Group will work together to strengthen Magners’ presence in key market growth channels. Interbev Singapore will begin its nationwide distribution of Magners in Singapore from September 1, 2016.
 
Sales of Magners by Interbev Singapore will be supported by its business partner, F&N Foods, also a subsidiary of ThaiBev. The formidable team of Interbev Singapore and F&N Foods is strategically placed as a full-fledged, one-stop beverage company with an extensive distribution network to develop and grow premium brands.


Tuesday, June 7, 2016

700 INDIVIDUAL CREATORS AND 190 PRODUCTION COMPANIES TO GATHER UNDER ONE ROOF - CONTENT TOKYO 2016

TOKYO, June 7 (Bernama-BUSINESS WIRE) -- From June 29 to July 1, CONTENT TOKYO, Japan’s largest trade show for content business will be held in Tokyo. At this expo, unparalleled 700 individual creators and 190 production companies of a broad range of genres will gather.

World’s leading scale! As many as 700 creators to gather – 5th Creator’s Expo

In Creators Expo which has been expanding its scale every year, variety of creators such as illustrators, writers, designers, game developers, sound creators, etc. will get together. Many up-and-coming talents are discovered here every year and a lot of businesses have been arisen.