Andersen Global Expands in Central America

SAN FRANCISCO-Thursday 31 October 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Andersen Global signed a Collaboration Agreement with Central American legal firm, Central Law, expanding the organization’s presence in the region to eight additional locations in six countries: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.

Founded in 2003, Central Law is led by Managing Partner Rafael Quirós Bustamante and has expanded to include more than 70 legal professionals. The firm provides comprehensive legal advice in areas such as banking and finance, civil law, commercial law, corporate law, immigration, labor and employment, mergers and acquisitions, arbitration, litigation, maritime and tax.

“Our team’s values, ethics, commitment, specialization, teamwork, social responsibility and international quality have positioned us as the main strategic partner for our clients in the region,” said Rafael. “We are excited for this collaboration with Andersen Global and are confident we can work together to expand our global footprint and enhance our service offerings by bringing the benefits and resources of a global firm to our clients.”

“Central Law will provide broad regional and synergistic coverage as we expand our presence in Central America,” said Mark Vorsatz, Andersen Global Chairman and Andersen CEO. “Rafael and his team demonstrate the highest professional standards and I am confident that we can work together to expand the platform and capabilities of the group in this important region and integrate them with our global strategy.”

Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 4,500 professionals worldwide and a presence in over 159 locations through its member firms and collaborating firms.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191030005148/en/

Contacts

Megan Tsuei
Andersen Global
415-764-2700


Permalink : https://www.aetoswire.com/news/andersen-global-expands-in-central-america/en

Zynga Announces Third Quarter 2019 Financial Results

Reports Highest Quarterly Revenue and Bookings in Zynga History

Generated Operating Cash Flow of $69 Million, up 67% year-over-year

Raises Full Year Outlook – One of the Fastest Growing Public Gaming Companies in 2019

SAN FRANCISCO-Thursday 31 October 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Zynga Inc. (Nasdaq: ZNGA) today released its financial results for its third quarter ended September 30, 2019 by posting management’s Q3 2019 Quarterly Earnings Letter to its Investor Relations website. Please see the attached Quarterly Earnings Letter or visit http://investor.zynga.com/financial-information/quarterly-results to access the letter.

“In Q3, we achieved our best quarterly revenue and bookings in Zynga history. Our performance was driven by strong momentum across our live services, in particular record quarters from Empires & Puzzles and Merge Dragons!. Also, our recently launched titles, Game of Thrones® Slots Casino and Merge Magic!, are off to great starts. With our raised guidance, Zynga is one of the fastest growing public gaming companies in 2019,” said Frank Gibeau, Chief Executive Officer of Zynga.

Zynga management will also host a conference call at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) today to discuss the company’s results. Questions may be asked on the call and Zynga will respond to as many questions as possible.

The conference call can be accessed at http://investor.zynga.com – a replay of which will be available through the website after the call – or via the below conference dial-in number:

    Toll-Free Dial-In Number: (800) 537-0745
    International Dial-In Number: (253) 237-1142
    Conference ID: 7568396

About Zynga Inc.

Zynga is a global leader in interactive entertainment with a mission to connect the world through games. To date, more than one billion people have played Zynga’s franchises including CSR Racing™, Empires & Puzzles™, Merge Dragons!™, Words With Friends™ and Zynga Poker™. Zynga’s games are available in more than 150 countries and are playable across social platforms and mobile devices worldwide. Founded in 2007, the company is headquartered in San Francisco with locations in the U.S., Canada, U.K., Ireland, India, Turkey and Finland. For more information, visit www.zynga.com or follow Zynga on Twitter and Facebook.

Editor’s Note

To download Zynga’s B-roll footage and key art for its games, please visit: https://bit.ly/2IOcaej

Photos/Multimedia Gallery Available: https://www.businesswire.com/news/home/52118822/en

Contacts

Investor Relations:
Rebecca Lau
Investors@zynga.com

Press:
Sarah Ross
Sarah@zynga.com


Permalink : https://www.aetoswire.com/news/zynga-announces-third-quarter-2019-financial-results/en

University of Texas-Arlington Delegation Visits AURAK

Ras Al Khaimah, United Arab Emirates-Saturday 26 October 2019 [ AETOS Wire ]

The American University of Ras Al Khaimah (AURAK) hosted a visit by a University of Texas-Arlington (UTA) delegation to discuss potential future cooperation.

Prof. Pranesh B. Aswath, Vice Provost, Dr. Curtis Andressen, Vice Provost, International Affairs, and Dr. Bahram Khalili, Professor in Computer Science and Engineering, made up the group from UTA.

The initial cooperation agreement between UTA and AURAK began in 2013 with the establishment of the Bachelor of Science Transfer Articulation in Civil and Mechanical Degree, better known as the ABD Plan or the dual degree. It enabled students enrolled in either institution to get an additional Bachelor of Science degree. The UTA team visited AURAK again in May 2019 to refresh and enhance the collaboration.

The visit began with a meeting with AURAK’s Senior Vice President of Academic Affairs and Student Success and Provost, Professor Stephen Wilhite, the Associate Provost, Dr. Denise Gifford, the Associate Provost – Office of Research and Community Service, Dr. Ali Maalaoui, Interim Dean of the School of Engineering, Dr. Hamed Assaf, and Department Chair of the Computer Science and Engineering Department, Dr. Mohammed Awad.

Professor Wilhite described AURAK’s interest in developing new programs and concentrations. After that, the group met with faculty from the Computer Science and Engineering Department. The delegation also met with a group of 11 junior students from the Department of Computer Science and Engineering and introduced them to the graduate programs at UTA. The UTA delegation met with AURAK’s President, Professor Hassan Hamdan Al Alkim, who is planning to travel to UTA in December with some of the upper administration.

“I am delighted to host a delegation from the University of Texas-Arlington for talks on future cooperation,” Professor Hassan said. “This relationship enhances the educational opportunities for AURAK students.”

Their trip concluded with meeting upper level Computer Science students.

UTA is the largest university in North Texas and the second largest in the University of Texas System. It is located in the heart of Dallas-Fort Worth. UTA offers state-of-the-art facilities that encourage students to be critical thinkers. Through academic, internship, and research programs, students receive real-world experiences that help them contribute to their community and, ultimately, the world.

AURAK is an independent, public, state-owned, non-profit, coeducational institution of higher learning that offers undergraduate and graduate degrees in comprehensive academic programs based on the North American model and the cultural characteristics of the Gulf region. Its undergraduate programs combine a strong grounding in the major subject with a broad general education, and its graduate programs prepare students for the demands of professional life. The institution is committed to the highest standards of teaching, research, ethics, and service to the community, preparing its graduates to be knowledgeable, thoughtful, creative, and responsible individuals, and it is accredited through the UAE’s Ministry of Education (MOE) and the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). For more information about AURAK’s programs, visit www.aurak.ac.ae.

Contacts
American University of Ras Al Khaimah

Kamel Abu Youssef, +97172210900 Ext: 1327

k.youssef@aurak.ac.ae

Permalink : https://www.aetoswire.com/news/university-of-texas-arlington-delegation-visits-aurak/en

Moody’s to Acquire Minority Stake in SynTao Green Finance

NEW YORK-Wednesday 30 October 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Moody’s Corporation (NYSE:MCO) announced today that it will acquire a minority stake in SynTao Green Finance (STGF), a leading provider of environmental, social and governance (ESG) data and analytics based in and serving China.

STGF provides ESG data and ratings, green bond verification, and green finance solutions to financial institutions and corporates in China. The company also provides thought leadership on ESG to policy makers. STGF’s data covers publicly listed Chinese companies, bond issuers and macro ESG development trends. STGF was the first Chinese signatory joining the UN Principles for Responsible Investment (UNPRI) as a service provider and the first Climate Bonds Initiative Approved Verifier in China, and the sole Chinese green bond verifier within the first advisory council of Green Bond / Social Bond Principles by International Capital Markets Association (ICMA). It is also the founder of the China Social Investment Forum.

The investment in STGF aligns with Moody’s ongoing global commitment to promoting transparent standards for evaluating ESG risks. Locally, the investment strengthens Moody’s presence and engagement in China and its financial markets, with a focus on supporting long-term, sustainable growth and contributing to the healthy development of ESG markets.

“Since its founding, STGF has solidified its position in China as a local standard setter and leading domestic platform for ESG data and analytics. STGF’s China-specific data sets provide opportunities to enhance Moody’s global ESG research and data,” said Hao Shi, Managing Director, Country Manager for Moody’s China operations. “Together we will seek to leverage our respective strengths and capabilities to provide a range of solutions for investor and issuer ESG needs, including joint research, product development and technical cooperation.”

“In consideration of both global ESG standards and China’s specialized market characteristics, STGF has developed effective ESG methodologies dedicated to China and has accumulated a substantial amount of data,” said Peiyuan Guo, Chairman of STGF. “Moody’s investment will help STGF accelerate its data coverage, adoption and ability to further serve Chinese market participants. We are excited to partner with Moody’s and look forward to future collaboration.”

The deal complements Moody’s recent acquisitions of Vigeo Eiris, a leading global provider of ESG research, data and assessments, and of Four Twenty Seven, Inc., a leader in climate data and risk analysis.

The terms of the transaction were not disclosed, and it will not have a material impact on Moody’s 2019 financial results. The transaction is expected to close by early November 2019.

ABOUT MOODY’S CORPORATION

Moody's is a​n e​sse​ntial component of the global capital m​arket​s, providing credit ratings, research, tools and analysis that c​ontribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MC​O) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The Corporation, which reported revenue of $4.4 billion in 2018, employs approximately 13,200 people worldwide and maintains a presence in 44 countries. Further information is available at www.moodys.com.

For more information about Moody’s approach to ESG, visit www.moodys.com/esg.

Activating an environmentally sustainable future is a key focus of Moody’s approach to Corporate Social Responsibility. For more information visit www.moodys.com/csr.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995

Certain statements contained in this release are forward-looking statements and are based on future expectations, plans and prospects for the Company’s business and operations that involve a number of risks and uncertainties. Such statements may include, among other words, “believe”, “expect”, “anticipate”, “intend”, “plan”, “will”, “predict”, “potential”, “continue”, “strategy”, “aspire”, “target”, “forecast”, “project”, “estimate”, “should”, “could”, “may” and similar expressions or words and variations thereof that convey the prospective nature of events or outcomes generally indicative of forward-looking statements. The forward-looking statements and other information in this release are made as of the date hereof (except where noted otherwise), and the Company undertakes no obligation (nor does it intend) to publicly supplement, update or revise such statements on a going-forward basis, whether as a result of subsequent developments, changed expectations or otherwise, except as required by applicable law or regulation. In connection with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, the Company is identifying examples of factors, risks and uncertainties that could cause actual results to differ, perhaps materially, from those indicated by these forward-looking statements. Those factors, risks and uncertainties include, but are not limited to, credit market disruptions or economic slowdowns, which could affect the volume of debt and other securities issued in domestic and/or global capital markets; other matters that could affect the volume of debt and other securities issued in domestic and/or global capital markets, including regulation, credit quality concerns, changes in interest rates and other volatility in the financial markets such as that due to uncertainty as companies transition away from LIBOR and the U.K.’s pending withdrawal from the EU; the level of merger and acquisition activity in the U.S. and abroad; the uncertain effectiveness and possible collateral consequences of U.S. and foreign government actions affecting credit markets, international trade and economic policy, including those related to tariffs and trade barriers; concerns in the marketplace affecting our credibility or otherwise affecting market perceptions of the integrity or utility of independent credit agency ratings; the introduction of competing products or technologies by other companies; pricing pressure from competitors and/or customers; the level of success of new product development and global expansion; the impact of regulation as an NRSRO, the potential for new U.S., state and local legislation and regulations, including provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) and regulations resulting from Dodd-Frank; the potential for increased competition and regulation in the EU and other foreign jurisdictions; exposure to litigation related to our rating opinions, as well as any other litigation, government and regulatory proceedings, investigations and inquires to which the Company may be subject from time to time; provisions in the Dodd-Frank legislation modifying the pleading standards, and EU regulations modifying the liability standards, applicable to credit rating agencies in a manner adverse to credit rating agencies; provisions of EU regulations imposing additional procedural and substantive requirements on the pricing of services and the expansion of supervisory remit to include non-EU ratings used for regulatory purposes; the possible loss of key employees; failures or malfunctions of our operations and infrastructure; any vulnerabilities to cyber threats or other cybersecurity concerns; the outcome of any review by controlling tax authorities of the Company’s global tax planning initiatives; exposure to potential criminal sanctions or civil remedies if the Company fails to comply with foreign and U.S. laws and regulations that are applicable in the jurisdictions in which the Company operates, including data protection and privacy laws, sanctions laws, anti-corruption laws, and local laws prohibiting corrupt payments to government officials; the impact of mergers, acquisitions or other business combinations and the ability of the Company to successfully integrate such acquired businesses; currency and foreign exchange volatility; the level of future cash flows; the levels of capital investments; and a decline in the demand for credit risk management tools by financial institutions. These factors, risks and uncertainties as well as other risks and uncertainties that could cause Moody’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements are described in greater detail under “Risk Factors” in Part I, Item 1A of the Company’s annual report on Form 10-K for the year ended December 31, 2018, and in other filings made by the Company from time to time with the SEC or in materials incorporated herein or therein. Stockholders and investors are cautioned that the occurrence of any of these factors, risks and uncertainties may cause the Company’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements, which could have a material and adverse effect on the Company’s business, results of operations and financial condition. New factors may emerge from time to time, and it is not possible for the Company to predict new factors, nor can the Company assess the potential effect of any new factors on it.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191028005559/en/

Contacts
For Moody’s:
SHIVANI KAK
Moody’s Investor Relations
+1 212-553-0298
Shivani.kak@moodys.com
OR
MICHAEL ADLER
Moody’s Communications
+1 212-553-4667
Michael.adler@moodys.com
OR
GEORGE ZHU
Moody’s Communications
+86 138 1057 0262
george.zhu@moodys.com




Permalink : https://www.aetoswire.com/news/moodyrsquos-to-acquire-minority-stake-in-syntao-green-finance/en

Nikon Unveils Its Top-Notch NIKKOR Z 58mm F/0.95 S Noct

The new sophisticated Noct lens is a stellar design of form and function with outstanding point-image reproduction, elaborate rendering, and exquisite bokeh



Dubai, United Arab Emirates-Wednesday 30 October 2019 [ AETOS Wire ]

Setting new benchmarks, Nikon Middle East FZE., is pleased to introduce its addition to the S-Line range, the NIKKOR Z 58mm f/0.95 S Noct. This Noct lens offers the highest rendering performance in NIKKOR lenses to produce meticulous point-image reproduction, impeccable high-resolving power, crisp details, and beautiful bokeh, all of which allow users to enjoy shooting at a maximum aperture of f/0.95.

This lens inherits the finest design and high precision feel of the renowned Noct lenses from Nikon. Featuring exceptional optical performance that embodies Nikon’s wealth of optical expertise and complementing the Z mount’s large inner diameter of 55mm and short flange distance of 16mm, the lens brings out the beauty of portraits and the brightness of the stars in astrophotography. Exceptionally sharp resolution and clear rendering is realised even at the maximum aperture of f/0.95.

“The state-of-the-art NIKKOR Z 58mm f/0.95 S Noct delivers ground-breaking optical performance along with superior functionality that is designed to exceed expectations with the Z mount. A testament to delivering ultimate optical performance thanks to the largest mount diameter in the industry, this new Noct is perfect for those who want to experience unprecedented imaging expression,” said Narendra Menon, Managing Director, Nikon Middle East FZE.

NIKKOR Z 58mm f/0.95 S Noct Primary Features

Ground-breaking Optical Performance

Capture dramatic nightscapes with ease with the NIKKOR Z 58mm f/0.95 S Noct. While the original Noct rendered point light sources only as thick point images, this new FX-format Noct lens reproduces them as precise point images that showcases the best in nightscapes of the starry sky. Realising a f/0.95 maximum aperture that only the Z mount can achieve, makes it the brightest of all NIKKOR lenses. Crafted with sophisticated lens elements with a high refractive index and Nikon’s very own ARNEO Coat bring exceptionally well-defined and crisp images even when a light source is located within the frame.


Latest Optical Technology for the Highest-Class S-Line model

With the newly adopted ground aspherical lens element, a higher surface accuracy and improved flexibility in material selection is achieved to result in ultimate optical performance and excellent minimisation of various optical imperfections including distortion and spherical aberration. For clarity with almost inexistent ghost and flare effects, the employment of the ARNEO Coat realises ultra-clear and crisp images. In an ideal synergy between technologies, the ARNEO Coat works with the Nano Crystal Coat to effectively minimise reflection over the entire visible light range. This lens construction is crafted to deliver a bright lens with its structure that seeks to receive as much light as possible with remarkably improved compensation capability of many common aberrations.

Fine Craftmanship and Superb Operability with High-Precision Feel

From its build to its technology, every component has been thoroughly thought of. This magnificent Noct lens, featuring a stunning exterior design that is finished with metallic material machined from a metal ingot, also comes with a hood that has felt-lined on the inside which helps to further prevent light reflection.  

For absolute ease in functionality, the lens information panel enables instant confirmation of aperture, focus distance and depth of field even in dimly lit environments. The number of functions that can be assigned to the lens Fn button has been increased to match those of the Fn1/Fn2 buttons on the camera body.

Delivering stable autoexposure, the electromagnetic diaphragm mechanism within the lens accurately controls the electronic signals from the camera. A highly precise focus ring facilitates focusing with the appropriate amount of torque and a large angle of rotation even with the maximum aperture of f/0.95. Comfortable shooting operation of stills and movies is also ensured with the newly adopted control ring to which selected functions can be assigned. The same control ring also minimises noise caused by changes of settings so a silent and smooth capture on video in particular is made possible

Completing the design of the lens is the superior anti-fouling performance ensured with Nikon’s fluorine coat that is applied to the front lens element, effectively repelling dust and dirt even when it adheres to the lens surface. A dust- and drip-resistant performance rounds up the lens’ perfection.

Contacts

Absolute Communications

Royston Rodrigues, Account Manager, +971507541420

Roystonr@absolutecg.net

Permalink : https://www.aetoswire.com/news/nikon-unveils-its-top-notch-nikkor-z-58mm-f-095-s-noct/en

Mobeewave and IDEMIA Extend Partnership to Deploy Secure Mobile Point of Sale and Fare Validation Across Australia

LAS VEGAS-Wednesday 30 October 2019 [ AETOS Wire ]
 
(BUSINESS WIRE)-- Money20/20 -- Mobeewave, a pioneer in contactless mobile card payment acceptance, and IDEMIA, the global leader in Augmented Identity, have announced an expansion of their partnership to deploy NFC-enabled contactless payment acceptance and validation on mobile devices across Australia.

The two companies have collaborated since 2017 to deliver a white-labelled mobile point of sale (mPOS) application, leveraging IDEMIA’s world-leading Digital Enablement Platform, for acquirers such as Commonwealth Bank of Australia, that enables merchants to accept debit and credit payments by tapping contactless cards and digital wallets onto NFC-enabled devices; without the need for dongles, cables or additional hardware.

They have also developed a fare validation app allowing transit officers to validate contactless payment fares using off-the-shelf devices. This has seen significant success with two hundred thousand travellers validated since launch.

“We’re excited to expand our strategic partnership with Mobeewave. Our companies are aligned with our vision of driving frictionless and effortless payment acceptance and validation across Australia. Through Mobeewave’s patented, PCI-compliant contactless payment processing platform, and by leveraging our Digital Enablement Platform, we are paving the way for Australia to be a world leader in frictionless, effortless and secure payment innovation,” said James King, Senior Vice President of Sales and Global Markets, Digital Business Unit, IDEMIA.

“Bricks and mortar businesses are increasingly frustrated with the complexities of accepting payments. Ninety-seven per cent of all Australian companies are micro and small businesses*, and they have been underserved for far too long by the lack of easy, frictionless and affordable card payment acceptance solutions. What’s more, together with IDEMIA, we have been able to adapt our technology to provide public transport companies with a simple payment validation tool, driving innovation and simplicity across a variety of sectors. We look forward to broadening the scope of our partnership with IDEMIA across Australia,” added Benjamin du Haÿs, co-Founder, Mobeewave.

*Source: https://www.asbfeo.gov.au/sites/default/files/Small_Business_Statistical_Report-Final.pdf

About Mobeewave
Mobeewave is a global pioneer in contactless payment acceptance solutions. Its patented, PCI-compliant contactless payment processing platform, SDK and apps enable businesses to accept card payments on their device, without the need for dongles, card readers and additional hardware. With offices across four continents, and over 70 employees, Mobeewave provides fintech innovation to banks, payment service providers, SaaS businesses, ISVs and marketplaces, as well as transit companies around the world. Find out more at www.mobeewave.com.

About IDEMIA
IDEMIA, the global leader in Augmented Identity, provides a trusted environment enabling citizens and consumers alike to perform their daily critical activities (such as pay, connect and travel), in the physical as well as digital space.

Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, an identity that ensures privacy and trust and guarantees secure, authenticated and verifiable transactions, we reinvent the way we think, produce, use and protect one of our greatest assets – our identity – whether for individuals or for objects, whenever and wherever security matters. We provide Augmented Identity for international clients from Financial, Telecom, Identity, Public Security and IoT sectors.

With 13,000 employees around the world, IDEMIA serves clients in 180 countries.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191029006058/en/

Contacts

Media
Mobeewave
Melissa Pauléat
mpauleat@mobeewave.com
+1 514 758 5820

IDEMIA
Drishti Mulani
idemia@redhill.asia


Permalink : https://www.aetoswire.com/news/mobeewave-and-idemia-extend-partnership-to-deploy-secure-mobile-point-of-sale-and-fare-validation-across-australia/en

NMC ProVita to sponsor 4th Annual MENA Physical Medicine and Rehabilitation Congress

Abu Dhabi, United Arab Emirates-Wednesday 30 October 2019 [ AETOS Wire ]

NMC ProVita International Medical Center, the pioneer and leading provider of post-acute care in the Middle East, is sponsoring the 4th Annual MENA Physical Medicine and Rehabilitation Congress at the Millennium Airport Hotel Dubai from October 30th to November 2nd.

The Middle East’s main platform for developments in physical medicine and rehabilitation, the Congress aims to improve the quality and effectiveness of the prevention and treatment of common rehabilitation cases with an interdisciplinary approach to rehabilitation.

Dr Ahmad Al Khayer, Medical Director for Rehabilitation Services of NMC ProVita International Medical Center and a Member of the Congress’ Scientific Committee, will be presenting a talk entitled ‘The effect of worldwide ethnic variations on pain experience’.

Dr Al Khayer said, “NMC ProVita specialises in long-term care, inpatient and outpatient rehabilitation and home health services, and our multidisciplinary team is committed to delivering premium healthcare. We are delighted to be the Congress’ Titanium Sponsor.”

A subsidiary of NMC Healthcare – the UAE’s largest private healthcare provider – NMC ProVita focuses on enhancing patients’ lives, providing patients of all ages with the highest quality healthcare services and a continuum of care. NMC ProVita is a subsidiary of the UAE’s largest private healthcare provider, NMC Healthcare.

About NMC ProVita International Medical Center

NMC ProVita International Medical Center, an asset of the UAE's largest healthcare provider NMC Healthcare, is the pioneer for post-acute care (including long-term care, inpatient and outpatient rehabilitation, and home health services) in the UAE. NMC ProVita specialises in the treatment and management of non-acutely ill patients of all ages requiring premium personalised healthcare services in a home-like setting.

Established in 2011, with a total of over 190 beds at designated facilities in Abu Dhabi and Al Ain as well as private units at NMC Royal Hospital Abu Dhabi and Al Zahra Hospital Sharjah, NMC ProVita has a team of specialised physicians, nurses and therapists who focus on improving patients’ quality of life with cutting edge medical solutions and customised treatment programs. NMC ProVita also provides its patients and the local community with skilled nursing, medical, rehabilitation and dialysis services in the comfort of their homes.

ProVita was the first long-term care rehabilitation facility in the region to attain the prestigious Joint Commission International Accreditation in 2013. ProVita has also been awarded the distinguished three-year accreditation by the Commission on Accreditation of Rehabilitation Facilities International (CARF) for its patient-centric protocols and its commitment to improving patients’ quality of life.

Contacts

SAHARA Communications

Farah Al Obaidi, Head of Media Relations, +97143298996, +971503323158
f.ahmed@saharapr.com / www.saharagcc.com


Permalink : https://www.aetoswire.com/news/nmc-provita-to-sponsor-4th-annualnbspmena-physical-medicine-and-rehabilitation-congress/en

2 Days Left to Experience Rare Pieces on Display at Jewellery & Watch Show Abu Dhabi

Abu Dhabi, United Arab Emirates-Tuesday 29 October 2019 [ AETOS Wire ]

The 27th Edition of the Jewellery & Watch Show (JWS) in Abu Dhabi is currently underway and attracting a large number of visitors and will conclude on Wednesday 30th October. The 5 day event which is under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, the UAE Minister of Tolerance is taking place at ADNEC from 4-10 pm. Sheikh Nahyan bin Mubarak Al Nahyan inaugurated the exhibition among VIP personalities and members of the media on the first day which witnessed immense interest from visitors.

Mohamad Mehieddine, Event Manager said: “This year so far JWS has attracted a larger and more qualitative audience than in previous editions and we have received very positive feedback about the quality of exhibitors and products on display. I would like to thank all those who are contributing to the success of this edition that will serve as a benchmark of future editions where we will always aim to provide the most enjoyable experience for all those who love to attend the show.”

He also added that in this edition the exhibitors have exerted a lot of effort to ensure that there are very rare and exclusive items on display and encourages buyers to visit the show and experience for themselves the extraordinary collection of jewellery and watches from all across the globe.

From rare items on display, Dusoul by Dhamani have emerald designs that are worth between 5 to 7.5 million dirhams, which are exceptional in their quality and craftsmanship.

Similarly, several brands have exclusive and unique pieces that they have chosen to unveil at JWS such as Nsouli, the Lebanese brand that have a special set of timeless, classic earrings, and a necklace of three layers of different shaped stones. The stones are marquise; baguette and oval shaped inspired by the symmetry of uneven numbers creating great aesthetic appeal of 56 carats of diamonds of the highest clarity.

Abduallah Al Masaood and Sons so far has witnessed great interest in bridal sets and diamond swiss-made watches. They are displaying a special necklace set decorated with marquise and pear-shaped stones. Their tennis necklaces and bracelets have also dazzled customers.

Al Sayegh offers a wide variety of products that range from limited edition pen sets for the office (one of the most expensive items of the brand available at the event), along with a Franck Muller golden watch - the Seven Days Tourbillion. Al Sayegh also presents a lavish diamond set composed of 110 carats of diamonds that can only be seen by visiting the show.

Visitors are also in awe of the most valuable guitar owned by Aaron Shum Jewelry of Hong Kong, parent company of Lifestyle Fine Jewellery. Many were seen taking ‘selfies’ with the magnificent instrument with 11,000 diamonds.

Jewellery & Watch Show Abu Dhabi will finish on Wednesday 30th October and be back again at ADNEC next year on 25-29 October 2020.

About the Jewellery & Watch Show Abu Dhabi:

Jewellery & Watch Show Abu Dhabi (JWS) is the home to hundreds of international and regional brands eager to reveal their newest collections. The carefully crafted atmosphere of sophistication connects independent retailers and designers with the local community in an unmatched shopping experience.

It is a perfect occasion to enjoy a great shopping day with family and friends, search for exceptional wedding jewellery sets, every day designer jewellery or limited edition watches.

For further information visit: www.jws.ae

Contacts

Pyramedia

Reham Barakat, reham.barakat@pyramedia.biz

Permalink : https://www.aetoswire.com/news/2-days-left-to-experience-rare-pieces-on-display-at-jewellery-amp-watch-show-abu-dhabi/en

Fast Vote Count Surprises and Delights Argentina

 Advanced Technology Drives Secure, Efficient Election

BUENOS AIRES, Argentina-Tuesday 29 October 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Argentina processed election results with record-breaking speed during its general elections thanks to the new system implemented in partnership with technology company Smartmatic. The vote was held on October 27.

Only three hours after voting ended, 70.48% of the tallying reports (called “telegrams” in Argentina) had been digitized, securely transmitted and uploaded into the system. By midnight, 96.08% of telegrams were processed.

Election observers representing the political parties closely monitored the entire process. The high level of transparency and speed with which the results were processed and published allowed the main candidates to publicly accept the outcomes shortly after results were announced.

“We are honored to have supported Argentine authorities for this important election by deploying Smartmatic’s unmatched technology. We were able to facilitate fast, accurate results that gave peace of mind to political parties and the country in general,” said Antonio Mugica, CEO of Smartmatic.

According to information released by election authorities, voter participation exceeded 80%. Voters chose among four candidates for head of government and six formulas for president and vice president. In eight provinces, 72 candidates vied for senate seats and 595 candidates competed to become deputies at the national level.

Smartmatic provided secure technology both for the digitation and transmission of telegrams, and for the consolidation and publication of results. Just as in the primaries held in August, telegrams were transmitted directly from over 10,000 voting centers to two consolidation centers. Approximately 1,700 operators at the consolidation centers transcribed and loaded into the system the information contained in the telegrams.

"Because of the speed and accuracy with which results were published, misinformation about the technology that had been widely distributed across social media and other news outlets fell flat and was easily discredited. Argentines today welcomed the innovations introduced by the authorities that make elections more efficient and more transparent," added Mugica.

Smartmatic participated in Argentina’s 2019 election cycle after winning two public bids in which international election technology companies competed.

It is anticipated that, as in the primaries, the provisional results will be an accurate reflection of the final vote count. In August, the difference between the provisional and final results was less than 1% in each of the Argentine provinces.

About Smartmatic

Smartmatic specializes in the design and deployment of election system technologies. As the global leader in providing secure, transparent, verifiable voting systems, Smartmatic is setting the standard for election integrity worldwide including encrypted results transmission, paper ballot back-up, extensive auditing and the first use of blockchain technology to secure online voting. Additional information about Smartmatic can be found at: www.smartmatic.com

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191028005666/en/

Contacts

Smartmatic
Mrs. Samira Saba, +1-561-862-0747
Marketing and Communications Director
Communications@smartmatic.com


Permalink : https://www.aetoswire.com/news/fast-vote-count-surprises-and-delights-argentina/en

SES Successfully Prices €500 Million 8-Year Euro Bond

LUXEMBOURG-Tuesday 29 October 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- SES S.A. announced today the successful launch and pricing of a bond offering in which it has agreed to sell senior unsecured fixed rate notes due in 2027 for a total amount of EUR 500 million. The notes will bear a Coupon of 0.875% per annum and were priced at 99.762% of their nominal value.

SES is rated Baa2 by Moody’s (with stable outlook) and BBB- by Standard & Poor’s (with stable outlook). Proceeds of the issuance will be used for general corporate purposes which includes the refinancing of existing debt.

With this transaction, which was oversubscribed by more than 5 times, SES has taken advantage of the current attractive market conditions to further strengthen its liquidity profile ahead of a EUR 650 million senior debt maturity in March of next year and issued a bond with the lowest coupon in the company's history.

Goldman Sachs, HSBC, JP Morgan, MUFG, SMBC Nikko and Société Générale acted as Joint Bookrunners. The settlement is scheduled for 4 November 2019 and application has been made for the notes to be listed on the Luxembourg Stock Exchange. The securities were placed with a broad range of institutional investors across Europe.

Andrew Browne, Chief Financial Officer of SES, commented: “We are pleased to have secured this financing which allows us to proactively refinance an upcoming debt maturity at more favourable terms. The successful conclusion of this bond offering reflects the market's view of SES as a strong investment grade credit, and underlines the ability of SES to secure funding at attractive terms."

The securities have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any other jurisdiction and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or unless pursuant to an applicable exemption from the registration requirements of the Securities Act and any other applicable securities laws. No public offering of securities will be made in the United States of America or in any other jurisdiction where such an offering is restricted or prohibited. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

This announcement does not constitute and shall not, in any circumstances, constitute a public offering nor an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC of the Parliament and Council of November 4, 2003 as implemented by the Member States of the European Economic Area (the “Prospectus Directive”). With respect to the member States of the European Economic Area which have implemented the Prospectus Directive (each, a “relevant member State”), no action has been undertaken or will be undertaken to make an offer to the public of the securities requiring a publication of a prospectus in any relevant member State. As a result, the securities may only be offered in relevant member States: (a) to qualified investors (as defined in the Prospectus Directive, including as amended by directive 2010/73/EU, to the extent that this amendment has been implemented by the relevant member State); or (b) in any other circumstances, not requiring the issuer to publish a prospectus as provided under article 3(2) of the Prospectus Directive.

In addition to (and without prejudice to) the foregoing, in the European Economic Area this press release is directed only at persons who are not retail investors. For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (“MiFID II”); (ii) a customer within the meaning of Directive 2002/92/EC, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) a “qualified investor” within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC as amended by Directive 2010/73/EU).

With respect to the United Kingdom, this press release is only directed at (i) persons who are outside the United Kingdom, (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). Any securities will only be available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

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About SES

SES is the world’s leading satellite operator with over 70 satellites in two different orbits, Geostationary Orbit (GEO) and Medium Earth Orbit (MEO). It provides a diverse range of customers with global video distribution and data connectivity services through two business units: SES Video and SES Networks. SES Video reaches over 355 million TV homes, through Direct-to-Home (DTH) platforms and cable, terrestrial, and IPTV networks globally. SES Video delivers a full suite of innovative end-to-end value-added services for both linear and digital distribution, and includes the ASTRA satellite system, which has the largest DTH television reach in Europe. SES Networks provides global managed data services, connecting people in a variety of sectors including telecommunications, maritime, aeronautical, and energy, as well as governments and institutions across the world. The SES Networks portfolio includes GovSat, a 50/50 public-private partnership between SES and the Luxembourg government, and O3b, the only non-geostationary system delivering fibre-like broadband services today. Further information is available at: www.ses.com

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191028005633/en/

Contacts

Richard Whiteing
Investor Relations
Tel. +352 710 725 261
richard.whiteing@ses.com

Permalink : https://www.aetoswire.com/news/ses-successfully-prices-euro500-million-8-year-euro-bond-1/en

Boehringer Ingelheim Advances First Pan-KRAS Inhibitor BI 1701963 into Clinical Testing

INGELHEIM, Germany -Tuesday 29 October 2019 [ AETOS Wire ]

    Results were presented from the company’s pan-KRAS program including BI 1701963, which is being investigated alone and in combination with MEK inhibition in an ongoing Phase I clinical study in cancer patients
    Around 15% off all cancers can potentially be blocked by this compound, targeting all major oncogenic KRAS mutations
    Dual KRAS pathway blockade combining pan-KRAS and MEK inhibition has potential to further enhance efficacy

(BUSINESS WIRE)-- Boehringer Ingelheim today presented promising preclinical data from its pan-KRAS program including the novel, oral inhibitor BI 1701963 at the AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics in Boston, USA1. Based on these results the compound has been advanced to Phase I clinical testing alone and in combination with trametinib in patients with different types of advanced solid tumors with KRAS mutations.

KRAS mutations occur in one in seven of all human metastatic cancers making it the most frequently mutated cancer-causing oncogene, with mutation rates of more than 90 percent in pancreatic cancers, more than 40 percent in colorectal cancers and more than 30 percent in lung adenocarcinomas. It has evaded attempts to develop inhibitors for almost 40 years. Only recently have promising compounds targeting the specific KRAS mutation G12C entered the clinic. There are however many KRAS gene mutations beyond G12C that drive tumor growth and have previously been ‘undrugged,’ such as KRAS-G12D and KRAS-G12V, which make up half of all KRAS driven cancers.

“Our pan-KRAS inhibitor has been designed to target a broad range of oncogenic KRAS variants, including all major G12 and G13 oncoproteins. Effective targeting of the most prevalent KRAS mutant alleles that have so far proved elusive could enable us to develop much needed new therapy regimens for patients with gastrointestinal and lung cancers who have limited treatment options available,” said Norbert Kraut, Ph.D., Head of Global Cancer Research at Boehringer Ingelheim.

“We have a comprehensive KRAS R&D program beyond BI 1701963 and aim to develop therapies for all patients with mutant KRAS driven cancer,” said Clive R. Wood, Ph.D., Corporate Senior Vice President and global head of Discovery Research at Boehringer Ingelheim. “This program is part of our strategy to defeat cancer with optimal combinations of cancer cell-directed and immune cell-directed therapies,” added Wood.

BI 1701963 inhibits KRAS by binding to SOS1, which plays an essential role in activating KRAS through the exchange of RAS-bound GDP for GTP. The selective inhibition of SOS1 is a therapeutic concept that could allow KRAS blockade irrespective of KRAS mutation type. Preclinical data have shown that the pan-KRAS inhibitor blocks tumor growth for many tested G12 and G13 KRAS gene mutations, the most frequently affected residues of the protein. Further, the compound is selective for cancer cell lines with mutations in the KRAS gene.

In non-clinical studies, the combination of BI 1701963 with a MEK inhibitor demonstrated a strong impact on KRAS signaling and resulted in increased anti-tumor activity based on dual pathway blockade and complementary mechanism of action in keeping KRAS-driven cancers in check. BI 1701963 will be further developed in combination with LNP3794 a MEK inhibitor compound in-licensed from Lupin.

Intended audiences
This press release is issued from our Corporate Headquarters in Ingelheim, Germany and is intended to provide information about our global business. Please be aware that information relating to the approval status and labels of approved products may vary from country to country, and a country-specific press release on this topic may have been issued in the countries where we do business.

For references and notes to editors, please visit:

http://www.boehringer-ingelheim.com/press-release/first-pan-kras-inhibitor-advances-clinical-testing



View source version on businesswire.com: https://www.businesswire.com/news/home/20191029005641/en/

Contacts

Boehringer Ingelheim
Corporate Communications
Media + PR
Dr. Reinhard Malin
55216 Ingelheim/Germany
Tel.: +49 (6132) 77-90815
Email: press@boehringer-ingelheim.com


Permalink : https://www.aetoswire.com/news/boehringer-ingelheim-advances-first-pan-kras-inhibitor-bi-1701963-into-clinical-testing/en

Exensor & Siltec Announce the Signature of a Major Contract in Eastern Europe

LUND, Sweden-Tuesday 29 October 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Exensor, a subsidiary of Bertin Technologies (CNIM Group), and its partner Siltec, have been selected by the Polish Ministry of Defense to supply 116 Unattended Ground Sensor (UGS) systems designated for Reconnaissance and Intelligence Gathering operations. The total contract value exceeds 15 million euros and the ordered systems will be delivered within 2019-2022 time frame.

Exensor will supply to the Polish Armed Forces a completely integrated and scalable sensor and camera UGS platform including the latest version of the UMRA Mini seismic and acoustic sensor with replaceable battery as well as the tactical Scout motion camera equipped with Bertin’s CamSight LP Thermal Imaging camera module.

“We won this contract with the Polish Armed Forces in strong competition with major international UGS solution providers, marking the strategic position of Exensor in providing surveillance and reconnaissance systems” says Marcus Rosenqvist, Vice President Sales & Marketing at Exensor Technology.

Exensor will be present at Milipol Paris, November 19-22 2019 - hall 5 booth G179.

ABOUT EXENSOR TECHNOLOGY AB
Founded in 1987 and acquired by Bertin Technologies in 2017, Exensor Technology is a world-leading supplier of Networked Unattended Ground Sensor (UGS) Systems providing tailored sensor solutions to customers all over the world. From our Headquarters in Lund Sweden, our centre of expertise in Network Communications at Communications Research Lab in Kalmar Sweden and our Production site near Basingstoke UK, we design, develop and produce the latest state of the art ruggedized UGS solutions at the highest quality to meet the most stringent demands of our customers. Our systems are in operation and used in a wide number of Military as well as Homeland Security applications worldwide.

ABOUT SILTEC
Since 1982, Siltec have provided to domestic and international customers with most reliable products: IT equipment designed for protection of classified and sensitive information; low and high power generating sets and UPS systems and special solutions destined for uniform services and central national institutions.
In 2012, Siltec have launched a new department, of Special Solutions with Solutions with an offer intended for widely understood group of business customers, especially in technical design and devices implementation and integration. The company’s greatest advantages are: multi-year experience, access to highly advanced technical solutions and highly skilled personnel.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191029005112/en/

Contacts

Press Contact
Frédérique Vigezzi
frederique.vigezzi@gootenberg.fr
Tel : + 33 1 43 59 29 84


Permalink : https://www.aetoswire.com/news/exensor-amp-siltec-announce-the-signature-of-a-major-contract-in-eastern-europe/en

KidKraft Announces Appointment of Todd Whitbeck as Chief Financial Officer

DALLAS-Tuesday 29 October 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- KidKraft, Inc. (“KidKraft”) announced today Todd Whitbeck, a seasoned executive with more than 30 years of experience in finance and corporate development, has been appointed Chief Financial Officer effective immediately.

Whitbeck has a proven track record of financial expertise and operational leadership across a diverse background of public and private companies, with previous success working with MidOcean Partners, the private equity firm that owns KidKraft. He will oversee global financial operations and work closely with KidKraft’s CEO on continued growth and international expansion as the company builds on a 50-year legacy in the toy and juvenile product industry. Whitbeck will report directly to Geoff Walker, Chief Executive Officer.

“Todd is a seasoned finance executive and his leadership will help drive KidKraft’s growth strategies,” said Geoff Walker, CEO, KidKraft. “I’m excited for his partnership and to welcome him as a key member of our executive team.”

“I look forward to working with Geoff and the team at KidKraft and to leveraging my prior experience to fuel the company’s growth,” said Todd Whitbeck. “Having worked across many industries throughout my career, it’s refreshing after all these years to work with a company that inspires the imaginations of children who will lead future generations.”

Whitbeck was most recently CFO and Head of Business Development, Sales, Marketing and Administrative Functions for CANarchy, a fast-growing collective of local, regional and national craft beer breweries. Previously he was Executive Vice President, CFO & Business Development for Water Pik, Inc. where he led and facilitated a very successful sale of the company, and subsequently led integration efforts for the combined companies. He was CFO for JP Energy, Sears Holdings Corporation (SHC) in the hard goods business units and off-mall retail selling formats, and CompUSA, where he elevated his oversight to CFO through various finance roles as the company grew and was acquired. He is a board member for Tufts Health Plan Board of Directors.

An industry leader in design and development of children’s toys and furniture, KidKraft is focused on inspiring imaginative play experiences through high quality products. The company's innovative portfolio includes dollhouses, play kitchens, outdoor playsets, children's furniture, wooden dolls and vehicles and more, offering a variety of different play experiences this holiday season. The company was acquired by MidOcean Partners (“MidOcean”), a premier middle market private equity firm focused on consumer and business services, in July 2015.

About KidKraft, Inc.

KidKraft is a global leader in award-winning products that are MADE FOR MAKE BELIEVE™. The company is committed to inspiring imaginative play creatively for children everywhere through dollhouses, kitchens, outdoor, vehicles, furniture, and toys. KidKraft’s high-quality products, designed for traditional play, are available at more than 2,800 retailers in more than 90 countries worldwide. KidKraft’s global headquarters are located in Dallas, Texas. For more information, visit www.kidkraft.com and follow @kidkrafttoys on Instagram.

About MidOcean Partners

MidOcean Partners is a premier New York-based alternative asset manager that specializes in middle market private equity and alternative credit investments. Since its inception in 2003, MidOcean Private Equity has managed approximately $4.8 billion of committed capital and has targeted investments in high-quality middle market companies in the consumer and business services sectors. MidOcean Credit Partners was launched in 2009 and manages approximately $8 billion across a series of alternative credit strategies, collateralized loan obligations (CLOs), and customized separately managed accounts as of September 30, 2019.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191028005062/en/

Contacts

Litzky Public Relations on behalf of KidKraft
Kelsey Wheeler
Litzky Public Relations
201/222-9118
kidkraft@litzkypr.com

MidOcean Media Relations
Nathaniel Garnick/Amanda Klein
Gasthalter & Co.
212/257-4170
midocean@gasthalter.com

MidOcean Investor Relations
Allison Donohue
Investorrelations@midoceanpartners.com




Permalink : https://www.aetoswire.com/news/kidkraft-announces-appointment-of-todd-whitbeck-as-chief-financial-officer/en

Yiwu Fair 2019 Concludes With Success

YIWU, China -Tuesday 29 October 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- As the largest and most influential daily consumer goods fair in China, the 25th China Yiwu International Commodities (Standards) Fair (Yiwu Fair 2019) concluded on October 25 with great success.

With an exhibition area of 100,000m2, the five-day event gathered over 2,000 exhibitors and attracted 60,314 professional buyers, an increase of 3.17% compared to last year. Overseas buyers increased by 8.33% to 8,738, coming from 155 countries and regions, including India, Pakistan, Yemen, South Korea, Indonesia, Iraq, Taiwan, Egypt, Iran, and Malaysia. It is worth noticing that 51 countries along the “Belt and Road” were involved.

The following are some reviews from the exhibitors and buyers.

Alshoak H. Ahmad from Syria said, “Yiwu is a treasure city which always surprises me. 12 years ago, I came to Yiwu and made my first deal. Now I’m a seven-year exhibitor at Yiwu Fair.”

Arkadii from Russia said, “When I was doing import business in Russia, I often dealt with Yiwu merchants. As the largest fair in Yiwu City, Yiwu Fair gathers quality and new products from all over China and even the world. This year, I came with my friends, and everyone found what they wanted.”

Huang Yunlong, General Manager of Uptime Lighting, said, “The advertising effect of Yiwu Fair is significant. We’ve attended Yiwu Fair for 10 years and now it has become an important platform for us to collect the latest information and feedback. This year we met many potential overseas and domestic customers at the Fair.”

Ge Zhengshan, Manager of Buffalo Robot Technology, said, “It was not until I was on site that I discovered that Yiwu Fair is not limited to "small commodities". It is also a showcasing platform for corporate images. In particular, Yiwu Fair 2019 introduces the ‘standard’ gene, which both guarantees the exhibit quality and uplifts the industry image.”

Wang Jiazhou, Manager of Hangzhou Sichuang Sanitary Ware, said, “Yiwu Fair is improving each year. This time, we received plenty of orders, including many from new markets such as Myanmar and Lebanon. We will come next year with more and better products.”

Looking forward, Yiwu Fair will optimize services and welcome more exhibitors and buyers next year.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191029005463/en/

Contacts

Betty Zhong
service@yiwufair.com


Permalink : https://www.aetoswire.com/news/yiwu-fair-2019-concludes-with-success/en

Ally, Leading OKR Solution, Raises $15 Million Series B Funding Led by Tiger Global Management

Funding will further accelerate Ally’s investment in global sales and marketing, expand the product offering and enhance professional services

SEATTLE-Friday 25 October 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Ally, a leading goal-setting and business performance management software provider, today announces a $15 million Series B funding round led by Tiger Global Management, LLC, a New York based investment firm known for investing in strategic, innovative companies such as Facebook, Flipkart, Slack, and Stripe. Previous investors Accel, Vulcan Capital, and Founders Co-op also participated in this round.

Ally helps startups and large enterprises to accelerate business performance through alignment, agility, and transparency to match the fast-paced needs of their evolving markets. Its product is based on the Objectives and Key Results (OKR) framework, the operating model for running agile businesses popularized by Google and other industry leaders.

Since its launch in 2018, Ally’s solution has been adopted by hundreds of leading organizations in over 70 countries. Ally’s customers include fast-growing startups and large enterprises such as Slack, Remitly, DoorDash, UrbanClap, Nike, and InVision.

The Series B investment comes on the heels of the $8 million Series A round that closed in July of this year, bringing the company’s total funding to $26 million. In the last three months, Ally has added over 100 new customers and has doubled the number of its employees.

“We are thrilled to partner with Tiger Global and are thankful for the strong support of our existing investors, Accel, Vulcan Capital, Founders Co-op, and Lee Fixel. Tiger Global’s investment is a validation of Ally’s strong growth trajectory and vision to create the new business operating system that powers modern enterprises to deliver exceptional results through alignment, agility, transparency and data-driven execution,” said Vetri Vellore, Founder & CEO at Ally.

Ally will continue to rapidly scale global sales, marketing, and professional services while making significant investments to expand the product offering, cementing the company's position as a leader in the emerging business performance management software category.

“Enterprises of all sizes are shifting towards aligned, agile, data-driven business processes to improve results. Ally’s OKR solution improves productivity and we’re excited to partner with Vetri and the Ally team,” said Scott Shleifer, partner, Tiger Global.

About Ally:

Ally is a strategic goal-setting and business performance management solution that enables businesses to shift from traditional, disjointed planning and execution to a modern, OKR-based framework that drives strong alignment, agility, transparency and empowers the workforce. Ally's solution makes it incredibly easy to adopt OKRs as a seamless part of the users’ daily workflow. The platform has built-in OKR best practices and provides seamless integration to several enterprise systems including Slack, Salesforce, Jira, Smartsheet, Asana, and ZenDesk. Ally’s comprehensive professional services provide continuous support, dedicated training, and coaching to ensure best-practices for implementation and successful change management. Since its launch in 2018, Ally has been adopted by hundreds of leading organizations in over 70 countries.

To learn more visit ally.io

Visit our careers page to learn about exciting new opportunities.

About Tiger Global Management:

Tiger Global Management, LLC is an investment firm that deploys capital globally. The firm's fundamentally oriented investments focus primarily on the global Internet, software, financial technology, consumer and industrial sectors. The private equity strategy has a ten-year investment horizon and targets growth-oriented private companies. Such investments have included Spotify, Harry's, Warby Parker, Peloton, JD.com, Facebook, LinkedIn, Yandex, Mail.ru Group, Despegar, Ola and Flipkart. The public equity efforts emphasize deep due diligence on individual companies and long-term secular themes. Tiger Global Management, LLC was founded in 2001 and is based in New York with affiliate offices in Hong Kong, Singapore, Bangalore, and Melbourne.

About Accel:

Accel is a leading venture capital firm that invests in people and their companies from the earliest days through all phases of private company growth. Acko, Atlassian, BlackBuck, BlueStone, BookMyShow, Braintree, BrowserStack, Cloudera, Collectabillia, CureFit, DJI, Dropbox, Etsy, Facebook, Flipkart, Freshworks, Housing-PropTiger, Lookout Security, Mitra Biotech, MuSigma, Myntra, Ola, Paxata, Portea, Qualtrics, Samunnati, Slack, Spotify, Supercell, Swiggy, UrbanClap and Vox Media are among the companies the firm has backed over the past 30 years. The firm seeks to understand entrepreneurs as individuals, appreciate their originality and play to their strengths, because greatness doesn’t have a stereotype. For more, visit accel.com or www.twitter.com/accel_india

About Vulcan Capital:

Vulcan Capital is the multi-billion dollar investment arm of Vulcan Inc., the company founded by Microsoft co-founder and philanthropist Paul G. Allen. Vulcan Capital is focused on generating long-term value appreciation across a portfolio which spans diverse industry sectors and investment asset classes, ranging from early-stage venture investments to public equity value investing, leveraged buyouts, acquisitions, and distressed situations. For more, visit capital.vulcan.com or www.twitter.com/VulcanInc

About Founders Co-op:

Founders' Co-op is a seed-stage venture fund built by founders, for founders. Based in Seattle, they help the strongest entrepreneurs in the Pacific Northwest build companies that the best growth investors in the world choose to back. As the largest and longest-running seed-stage specialist fund in the region, they are a trusted partner to early-stage founders and a trusted point of access to Pacific Northwest dealflow for out-of-region investors at the seed stage and beyond. For more, visit founderscoop.com or www.twitter.com/founderscoop

View source version on businesswire.com: https://www.businesswire.com/news/home/20191024005156/en/

Contacts
Jessica Baum
press@gotoally.com

Permalink : https://www.aetoswire.com/news/ally-leading-okr-solution-raises-15-million-series-b-funding-led-by-tiger-global-management/en

Western Union Expands Real-Time Global Cross Border Payments to India

Western Union Launches Real-Time Global Inbound Transfers via India’s Unified Payments Interface

DENVER & NEW DELHI-Tuesday 29 October 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Western Union, a leader in cross-border, cross-currency money movement and payments, today advanced its leadership in digital payment innovation enabling customers to move money or make payments in real-time in India, one of the world’s fastest growing economy.

Western Union became the first money transfer operator to offer cross border remittances via Unified Payments Interface (UPI), a real-time payment system developed by the National Payments Corporation of India under Reserve Bank of India (RBI) guidelines. It allows Western Union customers globally to send money into bank accounts in India simply by using the receivers UPI ID, instead of providing bank account and routing details.

The announcement executes upon Western Union’s strategy to expand its services across emerging markets and open new growth areas as the company leverages its core cross-border assets – including global settlement capabilities, network, compliance and technology systems – to enable international cross-border payments in minutes.

During his visit to India, Hikmet Ersek, CEO, Western Union, said, “We are expanding from our roots of creating one of the largest physical money movement networks covering the first and last mile in India to pioneering integration with India’s advanced real-time payments systems.”

“These cross-border services will allow millions of Indians living and working abroad to send money back home or to other parts of the world digitally and in real-time,” Ersek added.

“YES BANK is pleased to collaborate with Western Union on offering remittance services to a larger set of overseas customers. We are also the first bank in India to integrate UPI as an additional mode for facilitating remittances into the country on a commercial basis,” said Asit Oberoi, Global Head – Transaction Banking, YES BANK.

“This marquee collaboration reinforces our leadership positioning in curating digital solutions, and will help us in further capturing a substantial share in the rapidly growing remittances space,” added Oberoi.

Western Union cross border remittances via UPI will be available for senders in over 200 countries and territories via Western Union’s retail network in the last quarter of 2019, and progressively thereafter on WU.com and Western Union mobile app commencing with the U.S. and followed by the rest of the world.

Unified Payments Interface (UPI)

UPI is a real-time payment system developed by National Payments Corporation of India, under RBI guidelines. It facilitates real-time fund transfer between two bank accounts using simple UPI ID instead of requiring bank account details of the beneficiary like Account number, IFSC, Bank name, etc.

Launched in August 2016 for domestic payments, it is now the number one preferred mode of domestic digital transactions in India led by popular apps such as Paytm, PhonePe, Google Pay and BHIM. It has taken over other globally acclaimed payment systems such as National Electronics Fund Transfer (NEFT) and Immediate Mobile Payment Service (IMPS). More than 918 million transactions were done through UPI in August 2019, while IMPS has processed 200 million transactions during the same period.

RBI recently extended UPI payment service to foreign inbound remittances to maximum value per transaction of INR 100,000 (approximately USD $1,500).

WU-G

About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement. Our omnichannel platform connects the digital and physical worlds and makes it possible for consumers and businesses to send and receive money and make payments with speed, ease, and reliability. As of June 30, 2019, our network included over 550,000 retail agent locations offering Western Union, Vigo or Orlandi Valuta branded services in more than 200 countries and territories, with the capability to send money to billions of accounts. Additionally, westernunion.com, our fastest growing channel in 2018, is available in more than 70 countries, plus additional territories, to move money around the world. With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth. For more information, visit www.westernunion.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191025005189/en/

Contacts

Western Union Global Communications and Social Channels
Pia De Lima, Pia.DeLima@westernunion.com

Western Union Middle East, Africa, Asia-Pacific
Karen Santos; Karen.Santos2@westernunion.com

Permalink : https://www.aetoswire.com/news/western-union-expands-real-time-global-cross-border-payments-to-india/en

C-Band Alliance Proposes to Clear 300 MHz of Spectrum for Nationwide 5G Deployment

C-Band Alliance updates 5G proposal to the FCC and offers to clear 300 MHz of C-band spectrum, inclusive of a 20-MHz guard band C-Band Alliance updates 5G proposal to the FCC and offers to clear 300 MHz of C-band spectrum, inclusive of a 20-MHz guard band

Proposes to make available for 5G use 100 MHz in 46 top metropolitan areas within 18 months of an FCC order, and 280 MHz throughout the continental U.S. within 36 months from a CBA-led auction

Maintains reliability and continuity of all services and encourages customer use of advanced video compression and other technologies to improve spectrum efficiency



WASHINGTON-Tuesday 29 October 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- The C-Band Alliance (CBA) announced today that it will commit to clear 300 MHz of C-band spectrum to support fast 5G wireless deployment throughout the continental U.S. In an updated filing with the U.S. Federal Communications Commission (FCC), the CBA detailed that the 300 MHz of spectrum includes a 20-MHz guard band to protect existing satellite services from 5G interference.

Further enhancing its plan to clear spectrum quickly, the first tranche—which clears spectrum within 18 months of an FCC order in 46 top metropolitan zones—is now increased to 120 MHz, inclusive of the 20-MHz guard band. The second tranche of the remaining spectrum will be made available within 36 months from a CBA-led auction, providing cleared spectrum throughout the entire continental U.S.

As it completed the work necessary to enhance its proposal, the CBA collaborated closely with U.S. broadcasters and programmers that serve nearly 120 million American homes via the C-band. This work included analyzing the potential use by some customers of technologies such as advanced modulation, single format transport and advanced video compression, including High Efficiency Video Coding (HEVC). Each of these technologies improves the efficiency of satellite video delivery, allowing the same video content to be transmitted over less spectrum. The CBA proposal commits to implement these technology upgrades at no cost to those satellite customers implementing them.

The CBA remains committed to ensuring that existing customers continue to enjoy the quality of service they experience now, with no interference from 5G services deployed in the future. The CBA member companies will maintain continuity of all current C-band customer services and maintain the value of the continental U.S. C-band video distribution neighborhoods.

In its most recent ex parte filing, the CBA updated its commitments to its customers, including on key elements such as the transition plan, hardware selection, and interference detection processes. The CBA also affirms its commitment to covering all other costs of the transition, such as the required filtering of earth stations throughout the continental U.S. as outlined in previous CBA submissions and the order of eight new satellites from U.S. manufacturers.

The CBA’s proposal is the only one that balances the public interest in rapid 5G network deployment throughout the continental U.S. with the requirement by the FCC and C-band user community to maintain satellite delivery for current services, providing continued operating efficiency and quality.

Speaking on behalf of the C-Band Alliance, Intelsat CEO Stephen Spengler said, “Throughout this nearly two-year process, we have sought to work collaboratively as peers, to be responsive to the goals of U.S. policy makers seeking spectrum for 5G, and to work closely with our customers to protect their transmissions and understand their current and future network needs. Over this time, compression technology has continued to commercialize. We are confident that we can deliver a solution that not only maximizes the clearing of mid-band spectrum to enable 5G in the U.S., but also fully funds a spectrally-efficient, next-generation compression infrastructure for programming distribution in the U.S. This solution represents unprecedented coordination among satellite operators, our customers, and the FCC, and we look forward to delivering to the U.S. an accelerated 5G deployment and the innovation and high-technology job growth that the deployment of 5G is expected to generate for the U.S. economy.”

Forward-Looking Statements

The repurposing of up to 300 MHz of C-band spectrum is contingent upon a number of factors which at this stage cannot be guaranteed and their outcome is uncertain, including the following: (i) a final FCC Order that accepts the CBA’s market-based proposal; and (ii) a satisfactory market-based process with potential terrestrial 5G users of the repurposed spectrum.

About the C-Band Alliance

The C-Band Alliance, or CBA, was established by Intelsat (NYSE: I), SES (Euronext Paris: SESG), Eutelsat (Euronext Paris: ETL), and Telesat to implement the safe and efficient clearing and repurposing of C-band spectrum, supporting the United States in its goal of leadership in 5G deployment and innovation. While implementing the breakthrough, market-based proposal to clear spectrum, the CBA will also protect the quality and reliability of existing C-band services, providing current users certainty and operational integrity. For more information, please visit www.C-BandAlliance.com.

Resources

    Ex Parte Filing
    CBA Fact Sheet

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191028005771/en/

Contacts

Markus Payer
C-Band Alliance
Communications
+1 202 450 0004 (m)
markus.payer@c-bandalliance.com

Richard Whiteing
SES
Investor Relations
+352 710 725 261 (o)
+352 691 898 956 (m)
richard.whiteing@ses.com

Dianne VanBeber
C-Band Alliance
Communications

Intelsat
Vice President Investor Relations
+1 703 559 7406 (o)
+1 703 627 5100 (m)
Dianne.VanBeber@intelsat.com


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AM Property Holding Secures Financing for 200,000-Square-Foot Long Island Technology Center

 Strategic Financing and New Leadership Position 1025Connect for Accelerated Growth



WESTBURY, N.Y.-Monday 28 October 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- AM Property Holding Corp. announced the successful completion of a $21 million credit facility for 1025OCR, its 200,000-square-foot Technology Center located at 1025 Old Country Road in Westbury, New York. The transaction was led by Metropolitan Bank and Steel Harbor as part of a recapitalization and strategic financing program to drive accelerated growth at 1025OCR and 1025Connect, the premier carrier-neutral interconnection facility with direct access to submarine cable systems and terrestrial fiber networks located at 1025OCR.

"This financing positions us to drive accelerated growth for our 1025OCR technology campus and capitalize on the robust demand that we are seeing for colocation and interconnection at 1025Connect," stated Jeff Wasserman, Chairman of AM Property Holding. "In addition to the substantial investments that we are making in facilities and infrastructure, we have significantly enhanced the leadership team at 1025Connect with the recent appointments of Frank Zachmann as Executive Director and John Danko as Director of Business Development."

1025OCR will use the new capital to improve its facility and the operations of the Technology Center. The company plans to construct a new building entrance with direct and controlled access to 1025Connect inside the building with a new main office; add capacity and improve resiliency of its power and cooling infrastructure; and enhance the security access control system and protocols to support industry required certifications.

1025Connect is the premier colocation interconnection facility on Long Island with more than 15 carriers and service providers available in the building, including Altice/Lightpath, Aqua Comms, CenturyLink, Crown Castle, DE-CIX Internet Exchange, Epsilon and Verizon. Situated at one of the most eastern points of the United States, 1025Connect delivers direct access to multiple submarine cable systems connecting North America, Europe and Latin America, with the ability to bypass Manhattan fiber routes for greater network redundancy and diversity.

Bank Street Group, a private investment banking firm serving growth companies in the communications, media and technology sector, serves as exclusive financial advisor to AM Property in connection with its financial and strategic initiatives for 1025Connect.

About 1025OCR

1025OCR owns 1025 Old Country Road in Westbury, New York. The building is a 200,000-square-foot commercial property. This multifaceted property offers commercial office space, a colocation/data center, a business accelerator, roof access for wireless, a CLEC and disaster recovery pods. The property is managed by AM Property Holding Corp.

About 1025Connect

1025Connect is Long Island’s premier network neutral Carrier Hotel Meet Me Room (MMR) for network interconnection and colocation, located at 1025 Old Country Road, a 200,000 square foot building in Westbury, New York. This facility is renowned for its ability to connect global subsea cable systems to terrestrial networks, and also provide the capability to bypass Manhattan for greater network diversity. 1025Connect serves as host to the easternmost peering point in the New York metro area, enabling easier access and delivery of content distributed to the “Continental Edge.” All without monthly recurring cross connect fees. Visit www.1025connect.com for further information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191028005151/en/

Contacts

iMiller Public Relations for 1025Connect
Ilissa Miller
1025@imillerpr.com
+1-866-307-2510


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Syniverse and Telefónica Collaborate to Offer New Secure Global Messaging Service

 Cloud-Based Text Messaging Service to Improve Safety of Enterprise Text Messaging from Cyberattacks; Allows Brands to Safeguard Messages




VALENCIA, Spain-Monday 28 October 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- At the GSMA WAS#10 conference and exposition, Syniverse, the world’s most connected company, announced it is developing a secure global messaging solution that is designed to help brands keep text messaging clear of inherent security risks that come when sending messages over the internet and without proper user authentication.

To protect against vulnerabilities in text messaging, Syniverse is collaborating with Telefónica to offer businesses a global cloud-based messaging platform that runs over a private network with end-to-end encryption of actual messages and messages in transit. The network operates separately from the public internet using private addressing schemes that make it invisible to those with malicious intent.

What used to be considered “secure enough” for text messaging is no longer adequate for keeping information safe from the advanced techniques of fraudsters and hackers. That’s why companies like Telefónica International in Latin America and Europe are turning to Syniverse to help manage mobile communications by confirming customer identity and consent, and securely transmitting customer and business data.

The mobile attack rate in Latin America, where the Syniverse solution will initially launch, is 8.9 percent, according to Lexis Nexis. Payment transactions, logins and new account creations are being targeted by fraudulent bots, and by the spoofing of internet protocol (IP) addresses, devices and identities. With this secure global messaging solution, Syniverse and Telefónica will protect customers and mobile operators from these attacks as well as an array of other cyberattacks, including phishing, whaling, denial-of-service, and man-in-the-middle incidents.

Latin America isn’t the only region that’s targeted by malicious actors. In the U.S. last year, there were 16.7 million people affected by account takeover fraud, according to Javelin Research. In one case, a leading bank lost $15 million in fraudulent withdrawals due to poor transport, application and security encryptions. Attackers fraudulently assumed the identity of one of the bank’s customers to access the payment network before making fake withdrawals from multiple bank branches.

The need for the secure alternative that Syniverse will offer extends beyond the banking industry. The potential for loss affects any company that relies on digital communications. Text messages can be hacked to access financial or operational information or even to control networks, systems and databases. Whether it’s an e-commerce platform that sends one-time password texts to authenticate customers or a government agency deploying surveillance drones, a variety of processes used by different industries are at risk.

Syniverse will safeguard the customer experience and drastically decrease business risks by offering full-network-layer encryption all the way through a company application to the mobile operator with segmenting isolation in two areas. Also, automated alarming will set off if network end points deviate from expected communications behavior.

Product availability will be based on the number of mobile network operators connected to the secure global messaging solution, which will continually expand. Companies looking to secure their communications can contact Syniverse here.

CLICK TO TWEET: .@Syniverse & @telefonicab2b collaborate to make #textmessaging safer from hackers and fraudsters #enterprises. #cybersecurity #fraud @GSMA #WAS10 http://ow.ly/ZT8q50wUcpQ

Quote

    John Wick, Senior Vice President and General Manager, Global Product, Syniverse

“Any device that is capable of sending and receiving text messages over an unsecured network is at risk of cyberattack. To minimize this risk, Syniverse and Telefónica are leading the way to secure the messaging environment so that sensitive information is protected at each stage of its journey as a message is sent from a brand, passed through a mobile network, and received by an end device.”

Supporting Resources

    Read about GSMA WAS#10.
    Read about Telefónica.
    Read about Syniverse.
    Read about Syniverse secure global messaging solution.
    Read about John Wick.
    Read and subscribe to Syniverse Blog.
    Read and subscribe to Syniverse news releases.
    For more information about Syniverse’s news and activities, and follow the company on Twitter, LinkedIn and Facebook.

About Syniverse

Syniverse is the world’s most connected company – we pioneer innovations that take business further. Our secure, global network reaches billions of people and devices. Our engagement platform powers the customized experiences of the future. And the millions of secure transactions we drive every minute are revolutionizing how goods and services are exchanged. We have always led companies to reimagine the boundaries of possibility. Today we’re delivering on opportunities with the power to change the world.

About Telefonica Business Solutions

Telefónica Business Solutions a leading provider of a wide range of integrated communication solutions for the B2B market, manages globally the Enterprise (Large Enterprise and SME), MNC (Multinational Corporations), Wholesale (fixed and mobile carriers, ISPs and content providers) and Roaming businesses within the Telefónica Group. Business Solutions develops an integrated, innovative and competitive portfolio for the B2B segment including digital solutions (Big Data, Cloud, IoT or Security) and telecommunication services (international voice, IP, bandwidth capacity, satellite services, mobility, integrated fixed, mobile, IT services and global solutions). Telefonica Business Solutions is a multicultural organization, working in over 40 countries and with service reach in over 170 countries.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191028005117/en/

Contacts

Kevin Petschow
Syniverse
+1.813.637.5084
kevin.petschow@syniverse.com

Matt Burrows
The Hoffman Agency (for Syniverse)
+1.408.286.2611
mburrows@hoffman.com

Telefónica
Corporate Communications Department
+34 91 482 3800
prensatelefonica@telefonica.com

Permalink : https://www.aetoswire.com/news/syniverse-and-telefoacutenica-collaborate-tonbspoffer-new-secure-global-messaging-service/en

Toshiba and Gestamp Cooperation in IoT/AI Project Will Promote Quality Welding Operations in the Automobile Industry

TOKYO-Monday 28 October 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Toshiba Digital & Consulting Corporation (hereinafter TDX) and Spain’s Gestamp, the global leader in metal components for automobiles, have announced that they are cooperating in a project to bring advanced monitoring and analysis to the welding of vehicle chassis parts. By drawing on know-how from the Internet of Things (IoT) and artificial intelligence (AI), and utilizing data from camera images and acoustic emission (AE) sensors, the companies aim to secure very high precision detection of weld seam quality, which will contribute to improved vehicle safety.

Gestamp is one of the world’s largest manufacturers of metal components for automobiles, with more than 100 factories in 22 countries. Gestamp is promoting a number of projects under the Industry 4.0 initiative, applying digital technology and data analysis to the realization of more efficient manufacturing plants and more consistent and reliable production processes.

TDX has been working with Gestamp since April 2018 on a proof of concept initiative that has monitored the quality of the welds in chassis parts produced at a Gestamp plant in the United Kingdom. This initiative brings AE sensors typically used to test for damage in bridges and large buildings to the manufacturing process. The sensors detect the characteristics of acoustic waves in the high frequency band, and Toshiba’s AI analysis technology uses the data to identify welding failures. Over the last 17 months, Gestamp has validated the initiative and its ability to ensure the quality of welds in chassis parts.

Mitsui & Co., Ltd., an investor in both Gestamp and TDX, promoted cooperation between the companies and facilitated the project.

TDX, along with Toshiba Corporation and Toshiba Digital Solutions Corporation, have built on the proof of concept results and now aiming to further improve the welding detection technology. Drawing on the rich manufacturing expertise of Toshiba Group, the companies have developed an IoT solution that applies Toshiba’s AI analysis technology to data from internal welding quality detection by AE sensors, along with surface welding quality detection based on camera image data.

The three companies are now deploying this upgraded solution at a Gestamp plant in Germany. Proving tests will continue until March next year, and are expected to increase the precision of the welding quality detection rate, enable deployment at other Gestamp factories, and accelerate efforts toward full-scale commercialization.

René González, Advanced Manufacturing Director at Gestamp, said: “Gestamp is proud of this system to check welding seams with acoustic and image recognition technologies. We hope to use this solution in different Group plants to exceed our customers' expectations in the quality of our products.”

Noriyasu Okitani, President & CEO of TDX, said, “By combining Toshiba Group’s rich experience and knowledge in manufacturing technology and digital technology, and by utilizing IoT and AI in a cyber-physical system (CPS), we hope to provide a unique solution that contributes to raising the high quality of parts produced at Gestamp’s manufacturing facilities around the world.”

Katsutoshi Yokoi, General Manager of the Automotive Parts Business Division, Iron & Steel Products Business Unit of Mitsui & Co., Ltd. said: “Mitsui intends to contribute to Gestamp’s business by fully utilizing our assets, and this project will use the advanced technology of Toshiba, our key partner, to advance operational improvement and strengthen competitiveness at Gestamp. We are very pleased to have both companies cooperating to aim for full scale commercialization.”

About Gestamp

Gestamp is a multinational specialized in the design, development and manufacture of highly engineered metal components for top vehicle manufacturers. It develops products with an innovative design to produce lighter and safer vehicles, which offer improved energy consumption and a reduced environmental impact. Its products cover the areas of body-in-white, chassis and mechanisms.

The company is present in 22 countries with more than 100 manufacturing plants and 2 under construction, 13 R&D centers and a workforce of more than 43,000 employees worldwide. Its turnover was €8,548m in 2018. Gestamp is listed on the Spanish stock market under the GEST ticker.

About Toshiba Digital & Consulting Corporation

As a global business innovator in digital transformation that promotes cyber-physical systems, we work closely with our customers to create value. We draw on the knowledge and achievements that Toshiba Group has cultivated over many years in a wide range of businesses, leverage the strengths of digital technologies such as AI and IoT, and focus our expertise on the key business domains of energy, social infrastructure, manufacturing and mobility. From consulting to service design, we identify potential problems and the seeds for next generation growth we deliver consistent services all the way through to confirmation of value creation.
https://toshiba-dx.com/toshiba-dx/ (Japanese version only)

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191027005048/en/

Contacts

Toshiba Digital Solutions Corporation
Corporate Communications Group
Strategic Planning Division
Yoshitaka Uematsu
PR@toshiba-sol.co.jp

Permalink : https://www.aetoswire.com/news/toshiba-and-gestamp-cooperation-in-iot-ai-project-will-promote-quality-welding-operations-in-the-automobile-industry/en

DEWA to organise 22nd WETEX and 4th Dubai Solar Show at Expo 2020 Dubai site

DUBAI, United Arab Emirates-Monday 28 October 2019 [ AETOS Wire ]

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), Founder and Chairman of WETEX, announced that DEWA will organise the 22nd Water, Energy, Technology and Environment Exhibition (WETEX) from 26-28 October 2020 at the site of Expo 2020 Dubai. DEWA is the Official Sustainable Energy Partner of Expo 2020 Dubai, which will be held for the first time in the Middle East, Africa and South Asia.

WETEX has established its position as one of the largest specialised exhibitions in the world, and the largest of its kind in the region. The annual event brings together exhibitors and visitors with specialists, decision-makers, and investors from the energy, water, environment, oil, gas, green development and related sectors from around the world.

WETEX and Dubai Solar Show, which DEWA organised from 21-23 October 2019 in conjunction with the 6th World Green Economy Summit under the umbrella of Green Week, achieved remarkable success. The two exhibitions spread over 85,000 square metres, hosted 2,350 exhibitors from 55 countries and attracted 38,718 visitors from around the world.

WETEX 2019, with the theme 'At the Forefront of Sustainability,’ focused on sustainability, Artificial Intelligence, digitisation, disruptive technologies, smart networks, smart cities and the future of the energy sector, as well as energy and water conservation, environmental protection, waste management, green buildings, reduction of carbon emissions, conservation of natural resources, promotion of environmental security and motivating research and innovation in energy sectors.

WETEX and Dubai Solar Show provide visitors with the opportunity to benefit from a busy agenda of seminars, meetings, workshops and specialised activities with international experts to discuss the development and expansion of solar power in the region to achieve sustainable development. The two exhibitions also provide a platform for companies and organisations working in these sectors to promote their products and services, meet with officials and investors from around the world to make deals, establish partnerships, learn about the latest technologies in these vital sectors, identify market needs ,and the most prominent current and future projects in the region, especially with significant expansion in the transition towards clean and renewable energy in the UAE and the region.

For more information, please visit www.wetex.ae

Contacts

DEWA

Shaikha Almheiri, +971552288228

Shaikha.almheiri@dewa.gov.ae


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