NTT Group Announces Expansion of Partnership with SAP for SAP HANA® Enterprise Cloud

TOKYO - Thursday, October 1st 2015 [ME NewsWire]

(BUSINESS WIRE)-- Nippon Telegraph and Telephone Corporation (NTT) Group today announced that it has entered into a premium partnership with SAP to provide infrastructure services for SAP HANA® Enterprise Cloud. SAP HANA Enterprise Cloud is a private, secure cloud fully managed by SAP and supported by global partners, and is offered for companies that run mission-critical applications in the cloud.

SAP plans to use the NTT/Dimension Data Cloud Platform, NTT DATA’s broad range of comprehensive managed services using SAP® applications, and NTT Communications’ premium-grade IT infrastructure services. The initial focus is on South Africa and the Asia Pacific region with the goal to expand availability of SAP HANA Enterprise Cloud globally.

With this agreement, NTT becomes one of the select few partners delivering cloud infrastructure for SAP HANA Enterprise Cloud.

In May this year, Dimension Data and NTT DATA announced that they had partnered to deliver a new set of end-to-end services that help clients leverage the agility and cost advantages of moving their SAP applications to the cloud. NTT DATA is now in a position to leverage Dimension Data’s Managed Cloud Platforms™ (MCPs) located in over 16 countries across five continents, and to offer a comprehensive managed service for customers running their applications on SAP HANA Enterprise Cloud.

NTT Communications, also a wholly owned subsidiary of NTT Group, provides premium-grade IT infrastructure services, such as data center services “Nexcenter,” cloud services “Enterprise Cloud,” global network services “Arcstar Universal One,” and high-capacity network connections between data centers around the world.

Brett Dawson, Group CEO, Dimension Data said, “Our cloud strategy is focused on being the platform of choice for production workloads in the enterprise. SAP ERP is one of the most prominent applications for running production workloads in the market. Our goal is to offer SAP the mission-critical service levels required for SAP cloud customer environments, and this agreement enables us to further address a rapidly developing market segment.”

Kaz Nishihata, executive vice president, NTT DATA said, “The premium partnership for SAP HANA Enterprise Cloud is yet another key step to further formalize our strategic relationship with SAP. We will continue to help our clients to get an end-to-end solution through this agreement. We will also pursue synergies combining each other’s strengths, and promote collaborations for developing new business opportunities in cloud business and new solution development.”

Kevin Ichhpurani, SAP executive vice president, head of Business Development and Strategic Ecosystem said, “NTT Group provides SAP with a critical component of enterprise-grade cloud services and extensive geographic coverage from world-class carrier and data centers. This creates a compelling value proposition for NTT and SAP’s customers relying on SAP HANA Enterprise Cloud for their mission-critical applications.”

Notes to editors

The range of services that NTT Group provides to clients using SAP applications include:

    Hybrid cloud services to support SAP offerings including the SAP HANA platform, SAP ERP application and solutions from hybris®, an SAP company;
    On-premise solutions to clients that need to run SAP applications in their data center;
    Generic application services including consulting, professional and managed services;
    Custom vertical solutions for key industries such as automotive (dealer network), sports and entertainment, financial services and telcos; and
    Custom horizontal solutions such as Board Room of the Future, Security as a Service for SAP solutions, and IT Analytics (network sensors, security sensors, data center device sensors).

-ENDS-

About NTT Group NTT Group delivers advanced technology and innovative solutions in networking, communications, software and cloud computing that help transform businesses, governments and societies around the world. NTT Group will deliver convenient, enriched and reliable services to support customers as a “Value Partner” that its customers will continue to select. Today, 80% of Fortune 100 companies rely on NTT Group as their business partner. NTT Group generates over $105 billion in annual revenues, has over 233 data centers and employs more than 240,000 professionals working in 88 countries. NTT Group includes NTT DATA, NTT Communications, Dimension Data and others. For more information, visit www.ntt-global.com

SAP, SAP HANA, hybris and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices.

All other trademarks are the property of their respective owners.

SAP Forward-looking Statement Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

View this news release online at: http://www.businesswire.com/news/home/20151001005774/en

Contacts

Hilary King

Global PR Manager, Dimension Data plc

tel: +2782 414 9623

hilary.king@dimensiondata.com



Tomohisa Hosoda

Global Business Office, NTT Corp.

t.hosoda@hco.ntt.co.jp



 

Seacrest Announces Investment in OKEA AS, a New Norway Focused Development and Production Company

Seacrest to back experienced management team led by Ola Borten Moe, former Norway Minister for Petroleum and Energy and Erik Haugane, Former CEO of Det norske oljeselskap

HAMILTON, Bermuda - Thursday, October 1st 2015 [ME NewsWire]

(BUSINESS WIRE)-- Global investment firm Seacrest Capital Group (“Seacrest”) today announced that they have partnered with OKEA AS, a new oil and gas development and production company that is headquartered in Trondheim, Norway. OKEA will focus on developing discovered oil and gas fields on the Norwegian continental shelf to create a material development and production focussed Norwegian oil and gas company. Seacrest will initially invest up to $200m in OKEA.

OKEA is led by Erik Haugane, an industry veteran, who has more than 30 years’ experience in the sector, and Ola Borten Moe, the former Norway Minister for Petroleum and Energy. OKEA’s management team also includes Anton Tronstad and Knut Evensen, who have a long history of working with Erik at Det norske oljeselskap, which was co-founded by Erik and Anton. At Det norske Anton held the position of SVP, Drilling while Knut was VP, Business Development and Interim CFO. Erik and his team will work alongside Seacrest to identify large scale investment opportunities in the Norwegian Continental Shelf area.

OKEA’s strategy is to unlock the value of conventional oil and gas discoveries by applying innovative partnerships, dynamic strategies and cost effective development solutions to bring existing discoveries into production in a timely, cost-effective and low-risk manner.

Henrik Schroder, Partner, Seacrest Capital Group and Chairman, OKEA AS, commented:

“Seacrest is attracted to the Norwegian Continental Shelf given current market dynamics, combining the availability of development and production projects, the favourable pricing of these assets, the material reduction in the cost structure of the industry and an attractive fiscal environment which protects downside risk.

We are excited to partner with the OKEA team, who combine operational and technical experience with a history of innovation to create value for all stakeholders. Erik has assembled a world-class team representing the breadth of expertise and experience required to fulfil OKEA’s objectives.

We look forward to working with the team to identify and develop investment opportunities and to build out an attractive material portfolio of developed production assets.”

Erik Haugane, CEO of OKEA AS, commented:

“We are delighted to be partnering with investors of the calibre and experience of Seacrest Capital Group. We look forward to working with them to establish a major new development and production company in this prolific petroleum producing region.

We have a highly experienced, committed and skilled team with the ability to deliver our investment strategy. Seacrest’s focus, resources and long-term commitment is a perfect fit to enable OKEA to become a major Norwegian oil and gas company.”

“There are numerous discovered fields in Norway that have huge potential value but are not producing today. The OKEA team has expertise in successfully delivering oil and gas projects through rigorous planning, the creation of powerful relationships with all project stakeholders, using innovative and cost-effective technological advances and development strategies. OKEA will use this expertise to unlock the maximum commercial potential in projects offshore Norway.”

Notes to Editors:

About Seacrest Capital Group

Seacrest Capital Group is a leading independent energy investor specialising in offshore oil and gas investments, leveraging its proprietary assets, relationships and operational and technical capabilities to build a diversified, global portfolio of regionally focussed oil and gas companies. Since 2010, Seacrest has invested in a number of successful oil and gas companies in the United Kingdom, Norway, West Africa, Ireland, South East Asia and South America. Seacrest’s investors comprise a range of blue-chip institutions including endowment funds, foundations, pension plans, fund of funds, international corporations and family offices. For more information please contact investorcommunications@seacrest.com

About OKEA AS

OKEA AS is a hydrocarbon development company focused on the Norwegian Continental Shelf. The Company was founded in 2015 by Erik Haugane, Ola Borten Moe, Anton Tronstad and Knut Evensen. OKEA aims to unlock the value of conventional oil and gas discoveries by applying innovative partnerships, dynamic strategies and cost effective development solutions to bring existing discoveries into production in a safe, timely, cost-effective and low-risk manner.

OKEA Management Biographies

Erik Haugane, CEO. Cand. Real. Geologist. Previously, Erik was the founder of Pertra (founded 2001) and co-founder of Det norske oljeselskap (founded 2005). He has been awarded the Norwegian Petroleum Society’s honorary award, and appointed Oil Man of the Year for his achievements in the Norwegian oil industry. In 2001 Pertra acquired the Varg field from Norsk Hydro in return for assuming the abandonment liabilities. Pertra redeveloped the Varg field by using innovative seismic technology to better understand the reservoir and by applying new business models and service company engagements. This enabled Pertra to cost effectively double the Varg field’s production rates. Varg is still producing today, 13 years after scheduled abandonment. Haugane and Tronstad worked closely in the management of Pertra. Following the sale of Pertra, Haugane, together with Tronstad and others started Det norske oljeselskap. Det norske oljeselskap’s greatest success became their participating interest in the giant Johan Sverdrup field. Erik pioneered several business concepts on the Norwegian Continental Shelf, including production tariffs for service companies, drilling services as outsourced operations, bundling of service contracts, joint operator emergency centre initiative etc.

Ola Borten Moe, Chief Commercial Officer (CCO). Previously Minister of Petroleum and Energy (MPE) in Norway, Member of Parliament for 8 years and previously SVP in Siva SF. He has been awarded the Norwegian Petroleum Society’s honorary award, and appointed Oil Man of the Year for his achievements in the Norwegian oil industry.

Knut Evensen, CFO. M. Ec. Analysist in Pareto and Danske Market, journalist in Upstream, VP Business Development in Det norske oljeselskap, acting CFO in Det norske oljeselskap.

Anton Tronstad, COO. M.Sc. from NTNU. Thirty years’ experience in field development and operations in Kværner and Statoil. SVP Drilling in Pertra. Co-founder and SVP of Drilling in the Det norske oljeselskap.

Dag Eggan, SVP HSE. M.SC. NTNU. VP HSE Ocean Rig, VP HSE Sevan Drilling, QRM Manager Statoil.

Espen Myhra, VP Business Development. M. EC. Head Exploration Section, MPE. Energy Councilor, the Norwegian Embassy in Washington. Assistant Director General, Section for Gas and Infrastructure, MPE.

Contacts

OKEA AS

Erik Haugane, +47 90721655

http://www.okea.no/



Vigo Communications

Patrick d’Ancona/Chris McMahon, +44 (0)20 7016 9570



Seacrest Capital

Kerry Graham, +1 441 297 8008





Permalink: http://me-newswire.net/news/15857/en

Interop Technologies Drives European Expansion with Taqua VoWiFi and VoLTE Solutions

RICHARDSON, Texas - Wednesday, September 30th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Taqua®, LLC, a leading supplier of mobile and fixed communications solutions, announced today that Interop Technologies has placed a follow-on order for Taqua’s Virtual Mobile Core and Mobile Client to enable the expansion of their Voice over WiFi (VoWiFi) and Voice over LTE (VoLTE) service offerings in Europe.

Interop Technologies enables telecommunications service providers of all sizes to launch new virtualized IP communication services via the private Interop Cloud™, which utilizes the latest in network function virtualization (NFV) technology. By incorporating Taqua’s Virtual Mobile Core and Mobile Client into its CorePlusXSM solution, Interop enables its customers to quickly launch in demand IP services like VoWiFi and VoLTE.

“WiFi calling from Interop’s CorePlusXSM is allowing operators to offer advanced voice services today, while providing a seamless path to VoLTE and the all-IP network,” said John Dwyer, President and CEO of Interop Technologies. “We’ve had a tremendously successful partnership with Taqua in the North American market, and anticipate the continued success of the relationship as we bring our industry-leading CorePlusXSM solution to Europe.”

“VoWiFi is an important service offering that operators can utilize to solve real-world coverage issues immediately,” said Eric Pratt, Taqua’s CEO. “We’re working with Interop to reduce the barrier of entry to advanced IP voice and messaging services for European service providers with a robust WiFi calling solution they can deploy now.”

Since 2002, Interop has provided mobile operators telco-grade core network services including advanced messaging, device activation and connectivity gateway solutions. VoWiFi and VoLTE are two of the components of Interop’s CorePlusXSM solution – a virtualized IMS core and IP services suite. CorePlusXSM reduces the cost and complexity typically associated with purchasing and deploying an IMS core, which is a key competitive advantage of the offering. The CorePlusXSM IP suite includes VoWiFi, VoLTE, VoLTE-Roaming and RCS.

Taqua’s Virtual Mobile Core (VMC) is a converged 4G mobile core enabling rapid deployment of next -generation mobile voice and messaging services including VoWiFi, VoLTE and Small Cells. The VMC is a carrier-grade software product that converges a number of 3GPP standard functions including a Telephony Application Server (TAS), IP Short Message Gateway (IP-SM-GW), Service Consistency and Continuity Application Server (SCC-AS), and Media Resource Function (MRF). It works with standards-based VoWiFi clients, such as the native WiFi Calling capability in Apple’s iOS 8 as well as Taqua’s Mobile Client for Android devices.

Taqua’s Mobile Client is a standards-compliant VoWiFi client for smartphones that’s available in embedded and downloadable versions. The Client has been used in all major mobile operator VoWiFi deployments, and is integrated into over one hundred handset models by some of the world’s largest vendors, including Samsung, LG, HTC, Motorola, Huawei and ZTE.

About Interop Technologies

Interop Technologies is Virtualizing the IP Revolution and delivering cloud-based IP networks and next generation communication solutions to the global mobile industry. The company has incorporated the latest Network Function Virtualization (NFV) technology into its private Interop CloudTM, enabling telecommunication service providers of all types to quickly and securely launch the services that subscribers demand most. Interop’s solutions are developed and built to reduce cost and complexity for all providers regardless of network generation or type and feature scalable architecture that makes continued migration to next generation technology simple.

Interop has its World Headquarters in Fort Myers, FL, USA, and Regional Headquarters in Dublin, Ireland as well Network Operations Centers (NOCs) in Fort Myers, Florida, USA; Dallas, Texas, USA; and Dublin, Ireland.

About Taqua® LLC.

Taqua is enabling the transformation to software-based service provider networks capable of delivering next generation voice, video and messaging services including VoWiFi and VoLTE. Since 1998, Taqua’s software-based networking solutions have been deployed by hundreds of wireline, cable and wireless carriers to enable new services, drive new revenues and lower overall costs. Taqua is headquartered in Dallas, TX, with research and development facilities in Boston, MA, Milpitas, CA, and Dallas, TX, and European sales offices in Germany and the U.K. More information on Taqua can be obtained by calling +1.972.692.1800 or by browsing the website at www.taqua.com.    

Contacts

Taqua

Frederick Reynolds, 972-692-1971

Vice President, Marketing

freynolds@taqua.com









Permalink: http://www.me-newswire.net/news/15861/en

MCI to Organise Asia-Pacific Breast Cancer Summit in Singapore

Till 2020 Singapore will be the host for the next three editions of the leading breast cancer summit of the Asia Pacific region

Singapore - Tuesday, September 29th 2015 [ME NewsWire]

MCI is proud to announce the fifth edition of the Asia Pacific Breast Cancer Summit (APBCS) will be held in Singapore from 27 – 28 February 2016. At the summit, educational leaders and delegates will come together and share their knowledge to further the research and development of breast cancer treatment.

With the support of the Singapore Exhibitions and Conventions Bureau (SECB), the APBCS will be held in Singapore for three consecutive editions – 2016, 2018 and 2020.

The 2016 summit will be chaired by some of the best minds in the field like Drs. Rebecca Dent (Senior consultant in National Cancer Centre Singapore’s division of medical oncology), Paul Mainwaring (Consultant Medical Oncologist at Australia’s ICON Cancer Care) and Shaheenah Dawood (Head of medical oncology and breast cancer programme at Dubai Hospital). The summit will aim to drive meaningful discussions – ranging from breast cancer management to aspects of clinical care such as surgery, radiation and oncology.

Breast cancer is one of the most common cancers in women in both developed and underdeveloped nations of the world, and there is a need to discuss the latest developments of the condition and its alarming increase. For the last four years, the APBCS has been addressing vital topics regarding this prevalent disease and will explore the vast array of molecular technologies, imaging and treatments, including how to apply them to patients.

Mr Ajay Bhojwani, Managing Director MCI Middle East commented: “APBCS is the most important congress of oncology in the Asia Pacific Region focusing on the research and developments in breast cancer. Research in oncology has become a global approach and APBCS provides the perfect educational platform for oncologists from all over the world to converge in beautiful Singapore and interact with leading experts.”

Asia-Pacific is the world's most important market for oncology drugs. In a report published in February this year, market research firm Frost & Sullivan valued the global oncology drugs market at US$91 billion, a market that is expected to reach US$111.9 billion by 2020.

Added Ms Jeannie Lim, Executive Director (Conventions, Meetings and Incentive Travel), SECB: “We are delighted that MCI has decided to bring the next three editions of APBCS to Singapore. Singapore has a vibrant medical and scientific ecosystem which boasts the presence of the world's top research and development, biotech and medical companies. Thus, the knowledge shared at the APBCS will certainly enrich the regional oncology community and we look forward to breaking new ground together through this Summit. Beyond the summit, Singapore is also a vibrant destination that provides event attendees with rich multi-cultural experiences and a vast array of dining and retail options. I would like to extend a warm welcome to all APBCS attendees here, and invite them to enjoy all that Singapore has to offer.”

                                                                   ---End---

About MCI

MCI is the world’s largest provider of strategic engagement and activation solutions and has been a key driver of innovation in the meetings, events, association and congress industries since 1987. Through creative live experiences and digitization, globalization, brand enhancement and content strategies, MCI helps multinational companies and international associations enhance organizational performance, grow globally, energize communities and drive business results. An independent, privately held company with headquarters in Geneva, Switzerland, MCI’s 1,800 professionals in 60 cities and 31 countries help clients across Europe, the Americas, Asia-Pacific, India, the Middle East and Africa unlock their potential and deliver real change. Find out more at www.mci-group.com.

Contacts

Muhammed Aamir

MCI Middle East

+971 4 311 6300

www.mci-group.com









Permalink: http://www.me-newswire.net/news/15842/en

New CyPeers™ Mail App Makes E-Mail Security as Easy as Stamping an Envelope

 Free mobile app also makes it easier to prosecute hackers.

SILICON VALLEY, Calif. - Wednesday, September 30th 2015 [ME NewsWire]

(BUSINESS WIRE)-- Macate Group Corporation (Macate), developers of software programs and mobile technology, announces the release of CyPeers™ Mail mobile app, with customer friendly security tools.

In recent months, data security breaches have affected major retailers, government employees and even celebrities - who have had their personal accounts hacked. Now, Android® and iPhone® users have a new way to keep highly confidential e-mails safe during transmission.

“There are a lot of public employees, private citizens and small businesses who have concerns about guarding their e-mail confidentiality. This app will help subscribers apply a sophisticated level of security to their information without needing technical skills,” says Isaac Daniel - CEO of Macate Group Corp.

The CyPeers™ Mail app provides military level email encryption. It protects e-mails and attachments from data breaches and access by unauthorized persons and devices.

The revolutionary app was released by Macate’s Innovation Research and Development (IRAD) Center located in Miramar, Florida.

Easy to Use, Patent-Pending e-Envelope Design

The app is powered by Macate’s SEMPostmark® technology. It uses a unique patent-pending digital envelope which requires senders to simply ‘click’ - to seal, stamp and send their message to the intended recipient. The e-mail now becomes a legally protected document. By “breaking the seal” to open the digital envelope, it demonstrates that someone has intentionally accessed the secured communication.

“The Electronic Communications Privacy Act provides that a person who intentionally accesses an electronic communication without authorization, while in transit or storage, may be liable for criminal or civil penalties. The app is uniquely designed to specifically aid in the prosecution of unauthorized access,” said Alberto Interian, Legal Counsel for Macate Group Corp.

Works with Popular E-mail Platforms

CyPeers™ Mail integrates seamlessly with popular email platforms like G-Mail® and Yahoo® among others and is available for free download on Google Play® or the App Store®.

About Macate Group Corporation

Macate Group Corp. (Macate) provides a full range of professional software engineering, mobile application development, and engineering consulting services for API integration, in addition to SDK development of our products. Macate develops cutting edge solutions to help our clients manage their complex communication, customer engagement, data delivery and user experiences.

www.macate.com

CyPeers™ Mail is a trademark in the United States.

Contacts

Macate

Latifa Shorter, 305-371-5858

pr@macate.com









Permalink: http://me-newswire.net/news/15851/en

ADP Traffic Directorate Urges Bikers to be Cautious during Foggy Weather

ABU DHABI, United Arab Emirates - Tuesday, September 29th 2015 [ME NewsWire]

The Traffic and Patrols Directorate at the Directorate General of Central Operations at the Abu Dhabi Police called upon bikers to exercise caution while driving in conditions of fog or low visibility to avoid accidents. The Directorate also urged bikers to park on the outside of the road, away from traffic if the fog becomes too dense and it is not possible to continue driving,

Lt. Colonel Ahmed Al Zeyoudi, Chief of Major Accidents Section at the Traffic and Patrols Directorate of Abu Dhabi Police, noted that riding motorcycles in such weather conditions is a dangerous practice, because they cannot be seen by motorists during the fog, due to their small size.

Lt. Colonel Al Zeyoudi urged companies and stores that provide home delivery services to ensure that their bikers adhere to safety procedures to prevent injuries resulting from accidents, and to wear protective clothing to mitigate injury and enhance their protection.

It is noteworthy that the Traffic and Patrols Directorate at Abu Dhabi Police is implementing a number of precautionary measures during fog and low visibility conditions. These measures include preventing trucks and heavy vehicles from travelling on the road in foggy conditions and forcing them to park off of the road until the fog clears. The Directorate is also implementing an emergency plan during foggy conditions in collaboration with the departments of civil defense, ambulance and rescue services. It includes controlling the flow of traffic on site; promptly transferring the injured to hospitals; clearing damaged vehicles off of the road; and diverting traffic to other lanes in case of traffic accidents.

For more information about:

The Ministry of Interior, please click HERE

Abu Dhabi Police, please click HERE

Follow us and check our Social Media feeds on: YouTube, Facebook, Google +, Instagram and Twitter

The Arabic-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the Arabic-language text, which is the only version of the text intended to have legal effect.

Contacts

The UAE Minister of Interior's General Secretariat, Tactical Affairs and Security Media Department

Abu Dhabi Police GHQ - Security Media

Chris Cron +971-(0)-50-666-4891

E-mail: cron.media@hotmail.com









Permalink: http://me-newswire.net/news/15847/en

HOYA Group PENTAX Medical Announces Expansion into Endoscopic Therapy through Strategic Investment in Creo Medical Ltd.

TOKYO - Wednesday, September 30th 2015 [ME NewsWire]

(BUSINESS WIRE)-- HOYA Group PENTAX Medical has entered into an agreement to invest in Creo Medical Ltd., a leading electrosurgical energy devices company based in the U.K. The official documents formalizing the agreement were signed on September 10, 2015 — subject to regulatory approvals by the relevant authorities, PENTAX Medical has acquired an interest in Creo Medical Ltd. PENTAX Medical has identified endoscopic therapeutic devices as a priority area in its growth strategy, and equity participation in Creo Medical Ltd. accelerates PENTAX Medical’s expansion of their footprint in the therapeutics segment through a lineup of differentiated products.

Flexible endoscopes have been developed for use in minimally invasive treatment procedures, in combination with therapeutic devices. These scopes are gaining worldwide interest and adoption for their clinical and financial benefits, as well as in the realization of highly advanced surgeries in gastroenterology and other applications.

“We are pleased to be investing in an organization with a proven record of innovation in a business that aligns seamlessly with PENTAX Medical’s cutting-edge flexible endoscopes portfolio. This investment grants us access to an innovative electrosurgical platform and accelerates PENTAX Medical’s strategy of more effectively serving physicians and their patients in a rapidly evolving health care industry by expanding into the vital endoscopic therapy space,” remarks David Woods, Chief Marketing Officer, PENTAX Medical.

Craig Gulliford, CEO, Creo Medical, commented, “We welcome new investor, PENTAX Medical, who has identified endoscopic therapeutic devices as a priority area, and supports our vision to be leaders in electrosurgery. With this investment we are well positioned to complete US regulatory approval, build on our growing intellectual property portfolio and develop commercial traction in key global markets.”

About Creo Medical Ltd. Creo Medical Ltd., a medical device company, engages in the development of microwave and radio frequency technology systems that are used in the treatment of tissue resection, ablation, and coagulation. Its products include CRoMa, a microwave and bipolar radiofrequency energy system for the treatment of tissue effects. In July 2015, the BVCA (British Private Equity & Venture Capital Association) recognised Creo Medical for the innovation of its electrosurgical platform, with wide reaching potential applications for controlled coagulation. The technology is designed to deliver quicker, safer and more effective results. Creo Medical Ltd. was founded in 2003 and is based in Chepstow, United Kingdom.

About PENTAX Medical PENTAX Medical is a division of HOYA Group. Its mission is to improve the standard of patient care and quality of healthcare delivery by providing the best endoscopic products and services with a focus on QUALITY, CLINICALLY RELEVANT INNOVATION, and SIMPLICITY. Through leading edge R&D and manufacturing, PENTAX Medical provides endoscopic imaging devices and solutions to the global medical community. Headquartered in Japan, PENTAX Medical has a worldwide focus and presence with R&D, regional sales, service, and in-country facilities around the globe. For more information, please visit: www.pentaxmedical.com.

Contacts

HOYA Group

PENTAX Medical

Kaori Kawashima, +81-80-4794-5842

GM, Global Marketing Communication

kaori.kawashima@pentaxmedical.com









Permalink: http://me-newswire.net/news/15863/en