Wednesday, May 31, 2023
(BUSINESS WIRE) -- Lenovo has once again been named in the Gartner Supply Chain Top 25 for 2023, ranking eighth in this list of global companies with supply chains. The Gartner Supply Chain Top 25 identifies, celebrates and profiles supply chain excellence on a global scale, and by target region and industry. Now in its 19th year, the global ranking is a peer benchmark for chief supply chain officers (CSCO) and their teams, inspiring innovation and leadership.
Huawei ICT Competition 2022-2023 Global Final Held in Shenzhen — 146 Teams from 36 Countries and Regions Win Awards
(BUSINESS WIRE) -- On May 27, 2023, the Huawei ICT Competition 2022-2023 Global Final concluded in Shenzhen, drawing to a close the seventh installment of this competition. The first to be held in person since 2019, the event’s culmination was a competition between finalists in 146 teams from 36 countries. Before the Final, more than 120,000 students from more than 2000 universities in 74 countries and regions around the world took part in the ICT Competition.
CHESTERBROOK, Pa. - Wednesday, 31. May 2023 AETOSWire
Seasoned HR executive joins Boomi to drive cultural innovation as the company continues its transformational growth journey
(BUSINESS WIRE) -- Boomi™, the intelligent connectivity and automation leader, today announced the appointment of Megan Barbier as Chief Human Resources Officer, responsible for value creation through building and executing the company's global human capital strategy.
"Boomi had a strong first year as an independent company, marked by several milestones including record new bookings, strong annual recurring revenue (ARR) growth, and continued industry recognition,” said Steve Lucas, CEO at Boomi. “We are pleased to welcome Megan to Boomi as we continue to accelerate our growth, while remaining focused on providing one of the best workplaces for today’s top talent. Megan brings world-class experience as a strategic and innovative global leader, and a proven track record of translating a company’s vision into profitability, growth, and employee engagement.”
"Boomi is a well-recognized industry leader known not only for its product excellence, but also its award-winning culture, focused on making the world a better place by connecting everyone to everything, anywhere,” said Barbier. “Boomi exemplifies my passion for creating a work environment that’s empathetic, compassionate, inclusive, and purpose-driven. I look forward to helping take this company to what I know will be an even brighter future ahead.”
Barbier brings over 20 years of HR leadership experience in both emerging and large-scale organizations. Most recently, Barbier served as the global vice president of people and culture for Jumio, where she led the team through a period of high growth, scaling their corporate operations and talent motion, and launching significant cultural initiatives that transformed the company into a best-in-class employer.
Prior to Jumio, Barbier was vice president of people operations at Wrike, where she scaled the team through hyper-growth, launched global enablement, and served as a change catalyst for the company's transition into the Vista Equity portfolio. She also held various roles within Bosch, serving as the global HR lead for the healthcare technology division, and M&A and leadership consultant to the company’s North America divisions.
Barbier has an MBA from Loyola Marymount University and a bachelor's degree from Santa Clara University. She has also completed the Women in Governance program through UCLA.
Barbier’s appointment follows the addition of several new executive leaders to Boomi’s existing leadership bench, including:
Arlen Shenkman as Chief Financial Officer
Greg Wolfe as Chief Commercial Officer
Dan McAllister as Senior Vice President of Global Alliances and Channels
Troy Anderson as Global Commercial Market Vice President
Josh Rutberg as Chief Customer Officer
Rahim Bhatia as Chief Strategy Officer
Adrian Trickett as Vice President of Sales and General Manager of EMEA
Jim Fisher as Vice President of Channels and Partners, APJ
Alison Biggan as Chief Marketing Officer
Jessica Soisson as Chief Accounting Officer
As the pioneer of cloud-native integration platform as a service (iPaaS), Boomi celebrates the largest customer base among integration platform vendors; a growing community of more than 100,000 members; and one of the largest arrays of global systems integrators (GSIs) in the iPaaS space. The company boasts a worldwide network of partners, including Accenture, Deloitte, SAP, and Snowflake; and works with the largest hyperscaler cloud service providers, including Amazon Web Services, Google, and Microsoft, among others.
Included on the Deloitte Technology Fast 500™ and Inc. 5000 lists as one of America’s fastest growing and most innovative technology companies, Boomi was recently named to Nucleus Research's list of “Hot Companies to Watch in 2023.” The company has also won numerous awards as an employer of choice, including its listing as one of Inc. Magazine’s Best Workplaces, and a Comparably Award for Best Company for Career Growth. Boomi has also won three International Stevie® Awards, for Company of the Year (two years in a row) and Product Innovation; the Gold Globee® Award in the Platform as a Service (PaaS) category; the Merit Award for Technology in the Cloud Services category; the Stratus Award as a Global Leader in Cloud Computing 2022; and received the prestigious 5-star rating in the CRN Partner Program Guide for two consecutive years.
Apply for one of Boomi’s open roles
Learn more about the Boomi platform
Explore the Boomiverse Community
Follow Boomi on Twitter, LinkedIn, Facebook, and YouTube
Boomi aims to make the world a better place by connecting everyone to everything, anywhere. The pioneer of cloud-based integration platform as a service (iPaaS), and now a category-leading, global software as a service (SaaS) company, Boomi touts the largest customer base among integration platform vendors and a worldwide network of approximately 800 partners – including Accenture, Capgemini, Deloitte, SAP, and Snowflake. Global organizations turn to Boomi’s award-winning platform to discover, manage, and orchestrate data, while connecting applications, processes, and people for better, faster outcomes. For more information, visit http://www.boomi.com.
© 2023 Boomi, LP. Boomi, the ‘B’ logo, and Boomiverse are trademarks of Boomi, LP or its subsidiaries or affiliates. All rights reserved. Other names or marks may be the trademarks of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230531005050/en/
Global Corporate Communications
Five Tokyo-based charities selected to each receive $10,000 grants from the Rimini Street Foundation to further their mission and impact
(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced the winners of its second annual RMNI LOVE™ Grant Program, each receiving $10,000 to further their significant impact for their respective communities served. For 2023, Tokyo, Japan was selected as the host city of the program, with applications pouring in from a wide range of certified charities in the city and nearby regions.
The final winners of the program were 10s and 20s Pregnancy SOS, Empowerment Kanagawa, Family House, Food Bank Shibuya and Shine On! Kids.
How the Grant Winners Were Selected
The rigorous process of selecting the top five charities to receive the grant administered by the Rimini Street Foundation – the privately funded charitable program of Rimini Street, Inc. and its global subsidiaries – involved a three-tiered qualification, elimination and voting method. The first round of reviews was conducted by select team members from the Japan region, then by all of the regional Committee Members that represent the diverse cultures and backgrounds of Rimini Street colleagues, and finally by the Committee Chair, Committee Lead and Committee Secretary.
“The most difficult part of the RMNI LOVE program is the voting and selection process, as each charity is unique and deeply passionate in their mission to serve the community,” said Janet Ravin, committee chair, Rimini Street Foundation. “Each nomination received further opens our eyes and hearts to understand the vast spectrum of challenges our neighbors face and fuels our determination to ‘leave the world a better place than the way we found it.’”
Meet the 2023 RMNI LOVE Grant Winners
10s and 20s Pregnancy SOS – Established in 2016, this charity focuses on prevention of sexual assault and unwanted pregnancies and provides support and care for young expectant parents and infants. By offering free counseling and outreach for young teens between the age of 12 to early 20’s, which include body awareness education, contraception option education, and how to seek help if in a sexually abusive relationship or home situation, the charity can help stop the cycle of abuse often passed down to the newborn. Through collaborative work with welfare and administrative programs and health centers, 10s and 20s Pregnancy SOS helps young adults find a road to independence and healing. The $10,000 grant received will be allocated towards its outreach efforts, to make their services more accessible to the public and to ensure the growing number of families seeking their support receive the care they need to start again.
Empowerment Kanagawa – On a nearly 20-year mission to eliminate domestic violence, bullying, abuse, sexual violence and other forms of assaults whether physical or verbal, Empowerment Kanagawa is modeled after the Child Assault Prevention (CAP) program originating in the USA; the programs are aimed at partner abuse prevention for teenagers, young adults and adults with different abilities. To date, 9,500 workshops, conducted in person and online, have been offered and attended by 350,000 children and adults covering abuse prevention and counseling, human rights, as well as trainings for teachers, staff and childcare workers. The $10,000 grant will be used for its Domestic Violence Specialist Consultant Dispatch Program for teenagers in troubled relationships.
Family House – For families who must travel to Tokyo to receive life-saving or life-sustaining pediatric cancer or other medical treatments for their child, covering the cost of accommodations may be a great obstacle, one that could be a roadblock to their child receiving the care they need. To ensure this is never the case, Family House built safe, secure and sanitary facilities for children and their families to stay near the hospital during their treatment program for 1000 yen (roughly $7 by today’s currency exchange rates) per night, per person. To date, across their eight facilities offering 15 rooms, 225 families have used 2974 days of accommodations thanks to the generosity of donors and thousands of volunteers. The $10,000 grant will help support the cost of maintaining the facilities and operations and ensure families can remain focused on the recovery of their child during the most critical of times.
Food Bank Shibuya – Serving as a “gateway to help” in the community, Food Bank Shibuya is focused on addressing the root cause of food insecurity by offering counseling and connections to support organizations and programs that can help individuals and families find a path to independence. Each year, 700 households in the Shibuya region find solace in the aid offered by this food bank, which also provides another brilliant purpose – food rescue. Through the help of volunteers and donors, they are able to reduce the cost of operations, minimize waste and increase the wellness and welfare of families in need. The $10,000 grant will go towards expanding their counseling program, which will help identify chronic issues and appropriate long-term solutions.
Shine On! Kids – Through the entire lifecycle of a child’s pediatric cancer journey, from diagnosis, treatment, recovery and post-recovery, Shine On! Kids is by the children and their family’s side, ready and willing to help ease the emotional and physical burden however they can. One of the many extraordinary services they offer is their “Hospital Facility Dog” program which brings much appreciated animal therapy to the children, as well as to their caregivers and medical staff. Shine On! Kids was the first in Japan to introduce a full-time animal-assisted therapy facility, and its impact on the thousands of beneficiaries has resulted in happier, calmer patients, speedier time to recovery, and improvement in the quality of life for the individuals served. With the $10,000 grant, the organization plans to adopt, train and ready a new qualified service dog to expand their reach and invest in strengthening their ability to scale their organization locally.
Learn more about the Rimini Street Foundation and the nearly 450 charities supported to date at https://www.riministreet.com/foundation/, and enjoy highlights from the 2022 RMNI LOVE Grant Day Celebration hosted at the company headquarters in Las Vegas, Nevada, USA.
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software and a Salesforce and AWS partner. The Company has operations globally and offers a comprehensive family of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize enterprise application, database, and technology software, and enables clients to achieve better business outcomes, significantly reduce costs and reallocate resources for innovation. To date, over 5,100 Fortune 500, Fortune Global 100, midmarket, public sector, and other organizations from a broad range of industries have relied on Rimini Street as their trusted enterprise software solutions provider. To learn more, please visit http://www.riministreet.com, and connect with Rimini Street on Twitter, Facebook and LinkedIn. (IR-RMNI)
Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “may,” “should,” “would,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “seem,” “seek,” “continue,” “future,” “will,” “expect,” “outlook” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, adverse developments in and costs associated with defending pending litigation or any new litigation; changes in the business environment in which Rimini Street operates, including the impact of any recessionary economic trends and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; the evolution of the enterprise software management and support landscape and our ability to attract and retain clients and further penetrate our client base; significant competition in the software support services industry; customer adoption of our expanded portfolio of products and services and products and services we expect to introduce; our ability to sustain or achieve revenue growth or profitability and manage our cost of revenue; estimates of our total addressable market and expectations of client savings relative to use of other providers; variability of timing in our sales cycle, and risks relating to retention rates; the loss of one or more members of our management team; our ability to attract and retain qualified employees and key personnel; challenges of managing growth profitably; our need and ability to raise additional equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth; the impact of environmental, social and governance (ESG) matters; actions in response to any lingering impacts of the COVID-19 pandemic and its economic, operational and financial impacts on our business; risks associated with global operations; our ability to prevent unauthorized access to our information technology systems and other cybersecurity threats, protect the confidential information of our employees and clients and comply with privacy regulations; our ability to maintain an effective system of internal control over financial reporting; our ability to maintain, protect and enhance our brand and intellectual property; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take, or a failure by us to establish adequate tax reserves; our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk, including uncertainty from the transition to SOFR or other interest rate benchmarks; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; uncertainty as to the long-term value of Rimini Street’s equity securities; catastrophic events that disrupt our business or that of our clients; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on May 3, 2023, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.
© 2023 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230531005329/en/
VP, Global Communications
Rimini Street, Inc.
+1 702 285-3532
Diligent Launches Board Reporting for Audit, Giving Directors Unprecedented Clarity Into Key Risks and Controls to Identify Opportunities for Their Organizations
Standardized dashboards enable audit professionals to deliver accurate and easily digestible reports, helping boards provide better oversight of risks and controls
(BUSINESS WIRE) -- Diligent, the global leader in modern governance providing SaaS solutions across governance, risk, compliance, audit and ESG, today announced the launch of Board Reporting for Audit, a first-of-its-kind dashboard that streamlines audit reporting to bring easily digestible intelligence to the board. Built on the only platform that supports an organization through its entire GRC journey, Board Reporting for Audit consolidates internal audit data into one straightforward dashboard to better monitor controls, track audit plan progress and securely surface important insights to help boards drive the organization forward.
“Reporting on your audit team's progress can be an arduous task, and making sense of all that data and explaining what it means to your company's strategy is even more challenging,” said Adam Bailey, SVP, Global Head of Product at Diligent. “Using insights gathered from over 20 years of experience working with boards, Board Reporting for Audit from Diligent enables you to deliver consistent, easily digestible reports with accurate and auditable data — empowering the board with the right insights to make better decisions, faster.”
Board Reporting for Audit benefits both functional leaders and board members, making data collection more efficient so internal audit professionals can share important insights directly with the audit committee and board, elevating their understanding of key risks and opportunities and positioning audit as a leading voice in shaping the organization's strategy.
Key features of the dashboard include:
Audit plan and control testing progress to determine how much planned work has been completed, is in progress or has yet to be started.
Open high and critical issues, highlighting any deficiencies or weaknesses, the impact of those deficiencies on the organization, and remediation status.
Key performance metrics year over year, identifying trends or patterns and enabling leadership to understand the underlying factors driving performance and make more informed decisions.
"Right now there is a deluge of data coming at directors, and knowing what's important and what's not, and managing that information flow, can be a challenge,” said Ellen Masterson, Independent Director/Governor at Westwood Holdings Group, The Doctors Company and Insperity. “Diligent streamlines audit reporting so that you’re not just getting data, you’re getting insights that can help identify risks and opportunities to drive the business forward.”
“The process of compiling data, verifying its accuracy, and preparing reports can be extremely time consuming. Not to mention, presenting the data to management and the board in a way that paints an easily digestible picture can be a challenge,” said Jim Logan, Director of Audit Operations, Massachusetts Department of Transportation. “Diligent simplifies audit reporting so we can do more, faster, while helping the board focus on the information that matters and improve how we service our constituents.”
To learn more about how Diligent can help your organization streamline board-level reporting on audit and across your business, visit Diligent’s Board Reporting Toolkit.
Diligent is the global leader in modern governance, providing SaaS solutions across governance, risk, compliance, audit and ESG. Empowering more than 1 million users and 750,000 board members and leaders with a holistic view of their organization’s GRC practices so they can make better decisions, faster. No matter the challenge. Learn more at diligent.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230531005210/en/
For More Information:
Senior Communications Manager, Diligent
+1 (604) 669-4225
Abu Dhabi, United Arab Emirates - Wednesday, 31. May 2023
XDC Network ( represented by TradeFinex Tech Ltd) is pleased to announce its partnership with SBI VC Trade Co. Ltd., a prominent Japan's cryptocurrency exchange within the SBI Group. This strategic collaboration marks a significant milestone for XDC Network as it expands its ecosystem in the Japanese market.
XDC Network offers a robust blockchain Network designed specifically for enterprises use cases like trade finance, payments and real world asset tokenization. With a focus on enhancing efficiency in the estimated annual 2,000 trillion yen trade finance market, XDC Network provides high speed transactions and significantly lower gas fees being energy efficient, making it an ideal choice for efficient operations.
"We are thrilled to partner with SBI VC Trade and bring the XDC ecosystem to the Japanese market," said Atul Khekade, co-founder at XDC Network. "Japan is a crucial hub for international trade, and our blockchain platform aims to streamline this sector by improving transparency, traceability, and reducing costs. Through our collaboration with SBI VC Trade, we look forward to empowering businesses and financial institutions in Japan with the benefits of the XDC Network."
"We are delighted to expand our cryptocurrency offerings by adding XDC to our exchange," stated Fumiki Ozaki, President and CEO of SBI VC Trade Co., Ltd. "XDC Network brings a unique value proposition to the trade finance market, and we believe its addition will enhance our customers' trading experience. SBI VC Trade remains committed to providing comprehensive services that prioritize customer satisfaction, and this partnership with XDC Network aligns perfectly with our customer-centric philosophy."
As XDC Network enters the Japanese market through its partnership with SBI VC Trade, it aims to drive digital transformation in the trade finance industry and establish itself as a global leader in blockchain solutions for enterprises and financial institutions.
About XDC Network:
The XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain that has been operationally successful since 2019. The network obtains consensus via a specially delegated proof-of-stake (XDPoS) technique that allows for 2-second transaction times, near-zero gas expenses ($0.0001), over 2000 TPS, and interoperability with ISO 20022 financial messaging standards. The XDC Network powers a wide range of novel blockchain use cases that are secure, scalable, and highly efficient.
With over 2.5 TWh of data monitored daily across 100 countries, Tigo installers now have powerful analytics for solar production, operations, and revenue, down to the module level.
(BUSINESS WIRE) -- Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo" or the "Company"), a leading provider of intelligent solar and energy storage solutions, today announced the release of Tigo EI Fleet Manager, a new fleet management experience within its Energy Intelligence (EI) platform. As Tigo simultaneously expands its ability to leverage energy data and improve the installer experience, the Company is adding fleet management capabilities with a powerful interactive dashboard that provides rich and actionable system performance data from the fleet down to the module level. Tigo Energy Intelligence platform with the new EI Fleet Manager is built to drastically advance the installer experience by decreasing operations and maintenance (O&M) costs and increasing system performance and revenue.
EI Fleet Manager gives solar installers new tools to manage solar portfolios of all sizes. Sophisticated insight into deployment and commissioning data, issue remediation automation, and powerful fault analytic capabilities allow solar installers to see current conditions and review a detailed history of deployed devices. With EI Fleet Manager, operators can uncover trends and extract actionable insights from the data streams produced by the systems they manage, all through a comprehensive dashboard. Since not all solar sites are the same size and support schedules vary, the Tigo EI Fleet Manager allows custom-organized groupings of systems by common attributes like equipment type, location, size or status.
“The growing installed base of our solar installers inevitably also requires them to become solar fleet managers, and access to sophisticated energy and equipment analytics becomes essential,” said Archie Roboostoff, VP of Software at Tigo. “This expansion of the Tigo technology stack transforms a comprehensive data set, from energy demand to module-level reporting and actionable insights. With the ability to monitor and manage customer systems with just a few clicks, installers can use EI Fleet Manager to ensure efficient and safe operation of all monitored solar assets.”
Tigo EI Fleet Manager provides new data visualizations designed to elevate what is actionable, reduce alert fatigue, and present installers with an intuitive interface that tracks critical operational, production, and consumption data across all monitored systems in a fleet. From visibility into pending and in-progress installations to comprehensive system and production status indicators, EI Fleet Manager offers system diagnosis and in-depth monitoring of more than a dozen critical health and performance metrics for deployed solar systems. With this level of visibility, Tigo EI Fleet Manager makes it easy to pinpoint and quickly deploy mitigations across devices from various vendors, from the system level down to the module.
“Tigo EI Fleet Manager goes far beyond the typical production data provided by run-of-the-mill solar monitoring tools, making it the first solar fleet management system that truly lives up to the name,” said Zvi Alon, CEO at Tigo Energy. “In addition to supplying more and more relevant data points, the EI Fleet Manager enables Tigo Energy to group equipment and sites in unique ways, unlocking new possibilities for the company and its clients to monitor their operations and improve their overall performance.”
Tigo EI Fleet Manager supports all system sizes – including residential, commercial, and industrial solar deployments – and use cases, from large multi-system fleets to individual systems, down to the module level. To learn more about the new Tigo EI Fleet Manager, please schedule a demo with your Tigo account manager: https://www.tigoenergy.com/contacts.
About Tigo Energy
Founded in 2007, Tigo (NASDAQ: TYGO) is a worldwide leader in the development and manufacture of smart hardware and software solutions that enhance safety, increase energy yield, and lower operating costs of residential, commercial, and utility-scale solar systems. Tigo combines its Flex MLPE (Module Level Power Electronics) and solar optimizer technology with intelligent, cloud-based software capabilities for advanced energy monitoring and control. Tigo MLPE products maximize performance, enable real-time energy monitoring, and provide code-required rapid shutdown at the module level. The company also develops and manufactures products such as inverters and battery storage systems for the residential solar-plus-storage market. For more information, please visit www.tigoenergy.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230531005455/en/
Media Relations Contact:
Investor Relations Contacts:
Gateway Group, Inc.
Matt Glover or Tom Colton
Gillette Celebrates Return of Gillette Cup Featuring Fortnite With All-Star Gillette Gaming Alliance
BOSTON - Wednesday, 31. May 2023 AETOSWire
Two-day tournament unites global streamers to compete for $50,000 cash prize on new “Gillette Face-Off” island, developed with Fortnite’s built-in Creative toolset
(BUSINESS WIRE) -- Gillette (NYSE: PG), the world’s largest male grooming company and brand pioneer in gaming and esports, proudly announced the return of the highly anticipated Gillette Cup Featuring Fortnite, a two-day international gaming competition featuring a custom-built island in Fortnite. First played in February 2022, the inaugural Gillette Cup garnered over 300,000 viewing hours throughout the tournament. Back for its second year, the event kicks off on June 1, 2023, and will unite members of the Gillette Gaming Alliance as they compete against members of the global Fortnite community for $50,000 -- doubling the prize pool from last year. The Gillette Cup Featuring Fortnite is among one of the largest branded tournaments to date for the gaming community.
The competition will be played on a revamped “Gillette Face-Off” island, a custom environment developed using Fortnite’s Creative toolset; this builds on the success of the island’s existing futuristic lab and mineshaft versions, which were first introduced in 2022. The custom branded Fortnite islands feature action-packed “Zero Build” gameplay and iconic Gillette products for a gaming experience as satisfying as a close shave. To compete in the “Gillette Face-Off” islands at any time, use island code 6674-8139-7577.
“The celebrated return of the Gillette Cup Featuring Fortnite is testament to our previous successes and deepening relationship with Gillette Gaming Alliance members to provide meaningful and impactful experiences to the gaming community,” explains Daniel Ordonez, Gillette Global Brand Franchise Leader. “We are looking forward to cheering on our Alliance members and engaging with Fortnite’s community – while, most importantly, meeting them where they thrive in a truly fun and authentic way.”
For the first time, viewers and fans worldwide can visit www.GilletteCup.com to check out the leaderboard and tune-in for real-time updates. Additionally, they will have the chance to win exclusive Gillette Gaming gear and products by visiting the newly launched website throughout the tournament.
Tournament Details – Competitive, Professional Sporting Event Style Format
The tournament will kick off with the Regionals Round, where eight (8) teams of “Duos,” representing eight (8) countries/regions will compete – totaling 64 teams and 128 players across the globe. Participants will represent Brazil, France, Germany, Italy, Mexico, Spain, United Kingdom, and USA/Canada. Using a points system, teams will be randomly placed on the “Gillette Face-Off” island and compete in multiple rounds of Zero Build matches.
The top 16 teams from Regionals will compete for the opportunity to advance to Semi-Finals and be divided into two (2) groups of eight (8) Duos. These 16 teams will continue to compete in multiple rounds of the “Gillette Face-Off” island. The top four (4) Duos from each group will advance to the Finals to form a single lobby and compete in multiple rounds of the Gillette Cup custom island. The Duos will be scored using the points system and awarded cash prizing, based on how they rank. The last Duo standing will be named winner of the Gillette Cup!
Gillette Gaming Alliance members – inclusive of TypicalGamer (USA/Canada), Vicens (Spain), Agustin (Spain), Papaplatte (Germany), Rumathra (Germany), Elded (Mexico), Jolavanille (France), Pizfn (Italy), Xuider (Italy), Mongraal (United Kingdom), and Nobru (Brazil) – will represent their respective countries as they battle it out against fellow professional members of the Fortnite community to bring home the “win” and championship prize.
“I have had a blast streaming for the Gillette Gaming Alliance this year and providing awesome content and experiences to my community on behalf of the brand,” shares Fortnite pro Andre Rebelo, also known as TypicalGamer, Gillette Gaming Alliance member representing North America. “I remember tuning into the Gillette Cup last year and thinking it was epic. So, I am really excited to be a part of it myself this year – and I hope to bring home the W for my fans and followers.”
The Gillette Gaming Alliance, now in its fifth year, serves as Gillette’s longest running gaming activation as well as one of the most defining and successful programs to date for the brand.
*This is an independently created Fortnite Creative experience and is not sponsored, endorsed, or administered by Epic Games, Inc.
For more than 120 years, Gillette has delivered precision technology and unrivaled product performance – improving the lives of over 800 million consumers around the world. From shaving and body grooming, to skin care and sweat protection, Gillette offers a wide variety of products including razors, shave gel (gels, foams and creams), skin care, after shaves, antiperspirants, deodorants and body wash. For more information and the latest news on Gillette, visit www.gillette.com. To see our full selection of products, visit www.gillette.com. Follow Gillette on Twitter, Facebook and Instagram.
About Procter & Gamble
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper® The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at www.pg.com/news.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230531005178/en/
JSR Life Sciences Announces Operational Consolidation of KBI Biopharma, Inc. and Selexis SA to Operate as one Organization, Providing Seamless Experience for Partners
SUNNYVALE, Calif. - Wednesday, 31. May 2023
KBI’s new model will enhance operational efficiencies, drive strategic clarity, and accelerate innovation for global biopharma customers
(BUSINESS WIRE) -- JSR Life Sciences today announced that KBI Biopharma, Inc. (KBI) and Selexis SA are consolidating as one organization under the KBI Biopharma name to accelerate innovation and growth for its global biopharma customers. The new structure will enable integrated, seamless solutions for customers, cell line development through process development, to clinical and commercial cGMP manufacturing services for mammalian programs.
The streamlined operational approach supports customers in rapidly accelerating drug development and manufacturing, creating greater flexibility, efficiencies, and a simplified partner experience. By bringing together the capabilities and expertise of KBI Biopharma and Selexis, customers can reduce manufacturing risks and deliver essential medicines to patients faster.
“The fusion of KBI and Selexis as one business advances KBI into an exciting strategic growth phase,” said Tim Lowery, President of JSR Life Sciences. “This natural operational strategy shift is pivotal for KBI and Selexis customers that count on the wide range of capabilities and services to accelerate their evolving manufacturing and drug development needs.”
The combined organization will leverage the collective knowledge, scientific expertise, and industry-leading technical acumen of KBI as an important part of the entire JSR Life Sciences ecosystem. It allows KBI to be a cutting-edge partner for biopharma companies across the globe, propelling KBI forward in becoming a next-generation CDMO. Reorganizing and simplifying the operating model to offer a seamless experience expedites innovation for KBI’s global clients, setting them on a strong forward path.
“The operational consolidation of these two exceptional companies represents a major shift in how KBI Biopharma will operate moving forward,” said J.D. Mowery, Chief Executive Officer of KBI Biopharma. “By providing fully integrated solutions for our customers, we will be a stronger partner that can help them each reach their goals more efficiently.”
Selexis’ proprietary cell line development platform will be branded as the SUREtechnology Platform. Mowery will continue to lead as CEO of the combined organization. Employees will report to the KBI executive team in its entirety.
About JSR Life Sciences, LLC
A business unit of JSR Corporation, JSR Life Science LLC is changing human health as a strategic partner and pathfinder for the life sciences industry. Rooted in a history of materials innovation, JSR LS provides specialized products, materials, and services to biopharmaceutical companies and academic researchers. Together with its world-class affiliates, JSR LS offers best-in-class integrated services that de-risk molecule selection, accelerate biologic development timelines, increase clinical success rates, and develop novel in vitro diagnostics. JSR LS’s global network of affiliates includes Crown Bioscience, KBI Biopharma, Inc., Selexis SA, and MEDICAL & BIOLOGICAL LABORATORIES CO., LTD. The company operates R&D and applications labs, manufacturing facilities, and sales offices worldwide. For more information, visit JSRLifeSciences.com.
About KBI Biopharma, Inc.
KBI Biopharma, Inc., a JSR Life Sciences company, together with its affiliates, is a global contract development and manufacturing organization (CDMO) providing fully integrated, accelerated drug development and biologics manufacturing services and expertise to life science companies. As a global leader in mammalian cell line development, with best-in-class modular technology and highly specialized solutions, KBI enables the life sciences industry to rapidly discover, develop and commercialize innovative medicines and vaccines. With each of its 500+ client partners, KBI works closely to personalize and rapidly accelerate drug development programs.
Global partners are utilizing KBI’s technologies to advance more than 160 drug candidates in preclinical and clinical development and the manufacture of ten commercial products. Built upon a foundation of world-class analytics capabilities and extensive scientific and technical expertise, KBI delivers robust process development and clinical and commercial cGMP manufacturing services for mammalian, microbial, and cell therapy programs. Recognized for quality manufacturing, KBI helps partners advance drug candidates to the market. KBI serves its global partners with eight locations in Europe and the USA. More information is available at www.kbibiopharma.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20230531005198/en/
KBI Biopharma, Inc. Company Inquiries
KBI Biopharma, Inc.
KBI Biopharma, Inc. Media Inquiries
CORRECTING and REPLACING FEELM Shares the Honor With Clients at This Year’s Vapouround Awards, Winning Across Four Categories
(BUSINESS WIRE) -- Third paragraph, first sentence of the release dated May 17, 2023 should read: FEELM has made notable achievements in the closed pod system category, with around 3.5 billion pods sold to more than 50 countries since 2018. (instead of FEELM has made notable achievements in the closed pod system category, with around 3.5 million pods sold to more than 50 countries since 2018.)
The updated release reads:
FEELM Shares the Honor With Clients at This Year’s Vapouround Awards, Winning Across Four Categories
FEELM, the world’s leading closed system solution provider, belonging to SMOORE – a global leader in atomisation technology solutions – recently shone at the Vapouround 2023 annual awards ceremony in Birmingham last Friday, winning the Outstanding Contribution to the Vape Industry, and Best Manufacturer. Its client KIWI Go and DejaVoo Cyber also share the honor and won the first and second place of the “Best Disposable” categories respectively.
The Vapouround Awards are one of the most prestigious and authoritative annual awards for the global vaping industry. All winning brands are selected by a panel of professional judges and represent the outstanding performance of the past year in various segments of the industry. FEELM is not new to winning in the Vapouround Awards, with the brand having been awarded Industry Leader and Best Innovation in 2020.
FEELM has made notable achievements in the closed pod system category, with around 3.5 billion pods sold to more than 50 countries since 2018. Its disposable ceramic coil technologies have also already been launched in key markets including France, the UK, and Belgium, and will soon be available more widely in more countries.
FEELM has been dedicated to embracing innovations with the aim of taking the industry standard to new heights. While most of the 2ml e-liquid disposable products provide only 600 puffs, FEELM Max solutions can now deliver 800 puffs, all whilst remaining TPD-compliant.
At the Birmingham Vaper Expo, on the Saturday at its launch event, FEELM unveiled its new innovative disposable solution, FEELM Max, with the advanced heating technology of its S1 ceramic coil. FEELM Max offers more puffs, greater taste consistency, and a fully visible mouthpiece to measure e-liquid, making it the best disposable available whilst still ensuring regulatory compliance with the Tobacco and Related Products Regulations (TRPR) in the UK and the Tobacco Products Directive (TPD) in the EU.
FEELM Max is now available in markets including the UK, Italy and Germany, and have been well-received by consumers, who have said that it feels silkier and smoother than other products.
We look forward to continuing to bring our FEELM Max technology to more consumers, whilst ensuring that our solutions are always compliant with the regulatory requirements where they are sold.
As a flagship tech brand belonging to SMOORE, FEELM is the world’s leading closed vape system solution provider. Based on the world's leading Ceramic Coil Heating Technology, FEELM combines authentic Flavor Reproduction Technology with innovative electronics technology, bringing ultimate sensation and premium vaping experience.
Founded in 2009, SMOORE is a global leader in atomization technology solutions, covering reduced-risk products, medical, pharmaceutical, and beauty atomization technologies. With inter-disciplinary atomization research and a diverse product portfolio, SMOORE is committed to becoming an advanced platform, aspired to make life better.
With continuous R&D investment and leading manufacturing capacity, SMOORE has 14 technology research centers worldwide and products are available in more than 50 countries and regions. SMOORE announced IPO in Hong Kong on July 10, 2020.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230516006108/en/
SEOUL, South Korea
(BUSINESS WIRE) -- Wemade's MMORPG MIR M: Vanguard and Vagabond showcased new content, "Monster Dungeon," on May 30th.
Users can obtain the "Demonic Stones" of field monsters they have defeated. Each "Demonic Stone" can be used to summon that monster in Monster Dungeon. By defeating all summoned monsters, users can obtain "Essence" items as rewards. "Essence" items can be registered to the Monster Codex to increase character stats.
MIR M will be holding the event "Grand Operation Defeat Giant Scarecrow" until the update on June 13th. Users can defeat the Giant Scarecrow that appears in the Ginkgo Valley area to obtain gifts such as "Giant Scarecrow Raid Chests" and "Giant Scarecrow Demonic Stones." By using "Giant Scarecrow Demonic Stones," users can obtain Demonic Stones that can be used to summon boss monsters in Monster Dungeon.
And a Check-in event will be available for 14 days. Users can receive special rewards such as "Companion Summoning Ticket," "Avatar Summoning Ticket," and "Demonic Stone Chest" by logging in. Users can also enjoy more efficient character growth during this period, as the quantity of materials required to craft Treasure and Relic grade gear will be decreased and Crafting Success Chance will be increased.
More information on MIR M is available on the official website.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230530005249/en/
Wemade Co., Ltd. (112040: KOSDAQ)
Yeonghyun Lee, PR Manager
Tuesday, May 30, 2023
Quectel 5G RG620T modules based on MediaTek T830 gain global certifications to help drive FWA app deployment
BELGRADE, Serbia - Tuesday, 30. May 2023 AETOSWire Print
(BUSINESS WIRE) -- Quectel Wireless Solutions, a global IoT solutions provider, today announces that its 5G New Radio (NR) modules series, the RG620T has received FCC/ IC/ CE and RCM certifications. The RG620T series is the first 5G module based on the MediaTek T830 System-on-Chip (SoC) to receive all these certifications. The certifications will enable customers to efficiently deploy their 5G fixed wireless access (FWA) devices around the globe.
The RG620T delivers an extensive range of cutting-edge features including ultra-high 5G data speeds, quad-core A55 CPU, the latest Wi-Fi 7 connection as well as a series of innovations in antenna frequency band design, flash memory and QuecOpen, making it an ideal solution for the FWA market which demands higher wireless performance and more design flexibility.
Available in commercial samples, the RG620T offers two variants, the RG620T-NA for the North American market, and the RG620T-EU for the EMEA, Asia-Pacific and Brazilian markets.
“As MediaTek’s long-term strategic partner, we have extended our cooperation across multiple product lines including 5G, LTE, LPWA, GNSS and more,” said Norbert Muhrer, President and CSO, Quectel Wireless Solutions. “Leveraging the powerful performance of the MediaTek T830 platform, our globally certified 5G R16 module series RG620T will give new momentum to the growing 5G FWA market and other applications to deliver superior mobile broadband experiences.”
“5G is bringing new breakthroughs to ever more always-connected products. Together we are enabling smarter homes and business, industrial IoT and even the Internet of Vehicles,” said Martin Lin, Deputy General Manager of the Wireless Communications Business Unit at MediaTek. “Quectel is an important, long-term partner, and its RG620T, based on MediaTek T830, is an ideal platform to create leading next-generation, always-connected 5G FWA products for a wide range of applications and markets.”
Up to 7.01 Gbps download speeds
Compliant with the 3GPP Release 16 standard, the RG620T module supports up to 300 MHz downlink bandwidth and NR 4CA (four-carrier aggregation) in FDD and TDD modes, allowing 5G devices with this module inside to achieve download speeds of up to 7.01 Gbps. Additionally, the RG620T supports up to 200 MHz uplink bandwidth and NR 2CA, enabling uplink speeds of up to 2.5 Gbps.
The high bandwidth and low latency features make the RG620T especially suitable for innovative 5G use cases such as eXtended reality (XR) and cloud live broadcast. Its high bandwidth enables real-time wireless transmission of high-definition XR content, while the low-latency feature effectively reduces dizziness caused by image lag, and therefore provides an immersive experience for users.
The MediaTek T830 platform embedded in Quectel’s RG620T module integrates a quad-core Cortex-A55 CPU with a base frequency of 2.2 GHz. It also has a built-in M80 5G modem which adopts MediaTek’s 5G UltraSave technologies to ensure optimal energy efficiency for all 5G connection conditions. These powerful features make sure that 5G devices using the RG620T can take advantage of the CPU's residual performance, improve processing efficiency while reducing costs.
Another significant benefit is that the SoC chipset solution does not need a host controller, allowing customers to reduce the debugging workload of USB or PCIe interfaces and ensuring that the module’s high throughput rate is not restricted by the USB or PCIe interface.
8RX for enhanced wireless performance
With advanced features including the hardware-level MediaTek Network Processing Unit (NPU), Wi-Fi Offload Engine, MediaTek 5G UltraSave power-saving technology, Power Class 1.5 (PC1.5) as well as PC2 High Power User Equipment (HPUE), the RG620T further reduces power consumption, improves throughput, and provides more stable and higher speed network services for a variety of 5G terminals including indoor and outdoor CPEs, home gateways, enterprise gateways, mobile hotspots, industrial routers, DTU, XR and 4K/8K ultra-high-definition live broadcast.
Additionally, the RG620T supports 8RX (Receive Antennas), which greatly enhances downlink speed, spectral efficiency, coverage quality and therefore delivers stable and super-fast 5G speeds even in complex indoor and outdoor environments. The RG620T series also integrate multiple interfaces including USXGMII, PCIe 4.0, PCIe 3.0 and USB3.2 in order to facilitate customer designs.
Flexible Wi-Fi 7 combinations
Besides cellular communication, the RG620T offers multiple Wi-Fi combinations including tri-band/dual-band 4×4 Wi-Fi 7 solution for 5G CPE, dual-band 2×2 Wi-Fi 7 for 5G mobile hotspots. The flexible offerings allow FWA terminals to leverage both 5G and Wi-Fi 7 capabilities and helps customers explore more pioneering application scenarios such as 4K/8K video transmission, VR/AR, cloud gaming, remote work, video conference as well as cloud computing. The module also features EasyMesh™, making it easy to set up a mesh network with different IoT devices for seamless wireless connections. Its support of WPA3 R3 encryption protocol brings a higher level of safety to IoT devices.
To help customers to facilitate their designs, Quectel offers a variety of high-performance 5G antennas which boost wireless connectivity significantly. IoT developers can bundle the RG620T 5G modules with Quectel’s antennas and pre-certification services, reducing both cost and time-to-market for their 5G IoT devices.
Quectel’s passion for a smarter world drives us to accelerate IoT innovation. A highly customer-centric organization, we are a global IoT solutions provider backed by outstanding support and services. Our growing global team of more than 5,900 professionals sets the pace for innovation in cellular, GNSS, Wi-Fi and Bluetooth modules, antennas, services and IoT connectivity.
With regional offices and support across the globe, our international leadership is devoted to advancing IoT and helping build a smarter world.
For more information: www.quectel.com, LinkedIn, Facebook, and Twitter.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230530005071/en/
Phil Rawcliffe, Head of Communications
PARIS & FRANKFURT, Germany - Tuesday, 30. May 2023
On completion, this deal would mark Regnology’s fifth acquisition in less than a year as part of its accelerated growth and value-generating strategy
(BUSINESS WIRE) -- Regnology, a leading software provider with a focus on regulatory reporting solutions, announces today it expects to sign a definitive agreement to acquire Invoke, a French-based provider of financial, regulatory, and tax reporting solutions for supervisory authorities, and reporting entities. On completion of the agreement, the deal would mark the fifth acquisition in less than a year for Regnology.
With 160+ full-time employees, Invoke serves over 1,800 regulated entities and supervisory authorities throughout Europe with its XBRL-based banking, insurance, and tax reporting solutions. Invoke’s corporate tax solution will complement Regnology’s financial tax reporting solution and open a new growth area for the company.
Rob Mackay, CEO of Regnology, comments: “The round of recent deals we have undertaken, culminating with today’s announcement, sets Regnology on an accelerated path for growth internationally. Invoke’s advanced solutions would complement our technology stack while its team’s deep knowledge of the French and Luxembourg markets, in particular, would strengthen our ability to deliver superior RegTech and tax reporting solutions on a wider scale.”
The contemplated acquisition would follow on the heels of Regnology’s acquisition of UK-based statistical SDMX reporting specialist Metadata Technology earlier this month. This strategic deal was preceded by the purchase of KPMG’s K-Helix reporting software business unit and the acquisition of Brussels-based reporting specialist b-fine in November 2022. In June 2022, Regnology announced a deal to acquire PwC UK’s Tax Information Reporting (TIR) software business.
“The acquisition of Vizor in 2021 was the founding step for the advent of Regnology. Combined with our organic growth, our M&A activity over the past 12 months continues to supercharge our business, significantly accelerating our international expansion and consolidating our RegTech and SupTech offering into a powerful integrated regulatory reporting platform,” said Bobby Rahman, Head of M&A for Regnology.
“We were impressed by the momentum of Invoke over the past two years under Raphael’s leadership. The proposed acquisition of Invoke would bring Regnology closer than ever to realizing our vision of providing the global community of regulators and regulated financial institutions with best-in-class, end-to-end solutions that can solve regulatory complexity with better data quality and unlock unprecedented efficiencies,” added Mackay.
Raphael de Talhouet, CEO of Invoke continued: “This proposed deal could come as a natural leap forward for Invoke. Regnology shares the same entrepreneurial vision and innovation focus ISAI Expansion and Sagard NewGen had when they acquired Invoke in 2021. Our regulatory and tax expertise, local knowledge, and advanced solutions would be a natural fit for Regnology, and we believe a combination would offer amazing growth opportunities.”
The contemplated acquisition is subject to further due diligence and conditions including information and consultation with Invoke’s works council, agreeing and executing any definitive agreement.
Regnology is a leading technology firm on a mission to bring safety and stability to the financial markets. With an exclusive focus on regulatory reporting and more than 34,000 financial institutions, 60 regulators, international organizations and tax authorities relying on our solutions, we’re uniquely positioned to bring greater data quality, efficiency and cost savings to all market participants. With over 850 employees in 15 countries and a unified data ingestion model powering our work, our clients can quickly implement and derive value from our solutions and easily keep pace with ongoing regulatory changes. Regnology was formed in 2021 when BearingPoint RegTech, a former business unit of BearingPoint Group, joined forces with Vizor Software, a global leader in regulatory and supervisory technology.
For more information about Regnology, connect with us on LinkedIn and Twitter.
Visit our website: www.regnology.net
Invoke is a French-based software vendor specializing in SaaS solutions dedicated to financial, tax and regulatory reporting. A leading player in the field of French tax management for large and mid-sized companies, Invoke has also established itself as a SaaS leader in RegTech and SupTech in Europe due to its innovative solutions for regulatory reporting and prudential supervision.
It’s cutting-edge expertise, particularly in XBRL and inline XBRL technologies, makes Invoke a preferred partner for national and supranational supervisory authorities, as well as for banks, insurers and company groups required to comply with national and European regulatory requirements, including CRD V, Solvency II and ESEF.
As an EDI partner of the French tax authority, (DGFiP), a founding member of XBRL France and a direct member of XBRL International, Invoke currently supports 1,800 customers in 34 countries.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230529005204/en/
Chief Marketing Officer, Regnology
UAE’s Falcon 40B Dominates Leaderboard: Ranks #1 Globally in Latest Hugging Face Independent Verification of Open-source AI Models
Falcon 40B, the UAE’s first large-scale open-source, 40-billion-parameter AI model launched by Abu Dhabi’s Technology Innovation Institute (TII) last week, soared to the top spot on Hugging Face’s latest Open Large Language Model (LLM) Leaderboard. Hugging Face, an American company seeking to democratize artificial intelligence through open-source and open science is considered the world’s definitive independent verifier of AI models.
Falcon 40B managed to beat back established models such as LLaMA from Meta (including its 65B model), StableLM from Stability AI, and RedPajama from Together to achieve the coveted ranking. The index utilizes four key benchmarks from the Eleuther AI Language Model Evaluation Harness, a consolidated framework that assesses generative language models on: the AI2 Reasoning Challenge (25-shot), a set of grade-school science questions; HellaSwag (10-shot), a test of common sense inference, which is easy for humans but challenging for SOTA models; MMLU (5-shot), a test to measure a text model’s multitask accuracy; and TruthfulQA (0-shot), a test to measure whether a language model is truthful in generating answers to questions.
Hugging Face’s Open LLM Leaderboard is an objective evaluation tool open to the AI community that tracks, ranks, and evaluates LLMs and chatbots as they are launched.
Trained on one trillion tokens, Falcon 40B marks a significant turning point for the UAE in its journey towards AI leadership, enabling widespread access to the model's weights for both research and commercial utilization. The new ranking confirms the model’s prowess in making AI more transparent, inclusive, and accessible for the greater good of humanity.
With this latest development, TII has managed to secure the UAE a seat at the table when it comes to generative AI models, allowing it to join an exclusive list of countries that are working to drive AI innovation and collaboration.
TII has already embarked work on its next version of Falcon - the 180B AI model. To learn more about the current open sourced Falcon 40B AI model, please visit: FalconLLM.TII.ae. The initial announcement on Falcon 40B can be found here: UAE's Technology Innovation Institute Launches Open-Source "Falcon 40B" Large Language Model for Research & Commercial Utilization.
For more information, visit www.tii.ae
Senior Director of Communications
Major study shows adult consumers using BAT’s vapour brand Vusei demonstrated significantly better results for biomarkers relevant to smoking-related diseases than smokers
Lower levels of cigarette smoke toxicants classified as harmful or potentially harmfulii found in participants using Vuse exclusively compared to smokers
Study adds to the scientific evidence around vaping as a reduced-risk* products category and highlights the value of Vuse in Tobacco Harm Reduction
Results underscore vaping products’ contribution to Tobacco Harm Reduction and reinforce BAT’s commitment to building A Better Tomorrow™ by reducing the health impact of its business
(BUSINESS WIRE) -- New results from one of the largest ever vapour product studies, which analysed BAT’s flagship vapour brand Vuse, have been published in the journal of Internal and Emergency Medicine (https://link.springer.com/article/10.1007/s11739-023-03294-9).
The study compared clinical measurements from exclusive Vuse consumers with smokers. The results of the study show that participating Vuse consumers had favourable differences in biomarkers of exposure (BoE) and biomarkers of potential harm (BoPH) relevant to smoking-related diseases when compared to smokers.
Vuse users have shown significantly lower biomarkers of exposure for priority cigarette smoke toxicants as defined by the World Health Organization (WHO)iii. The data also showed favourable differences between Vuse consumers and smokers across all biomarkers of potential harm measured, with three being statistically significant.
Dr James Murphy, Director, Research and Science at BAT, said: “Vaping continues to grow in importance, as adult smokers seek reduced-risk alternative nicotine products. That is why these results are so important for Vuse, BAT and consumers, as they allow us to better understand the positive real-world impact of vaping compared to smoking. The research shows a clear difference between those using Vuse compared to smokers and reinforces the reduced risk potential and role of vapour in Tobacco Harm Reduction.
“I’d like to thank everyone who participated in and helped deliver this study. It is another important step forward in our journey to building A Better Tomorrow.”
Vapour products are the most widely studied and accepted alternative tobacco and nicotine products worldwide. BAT’s scientific vapour product data have been published in more than 80 peer-reviewed journals and add to the weight of evidence supporting the category’s role in Tobacco Harm Reduction. The innovative cross-sectional nature of this study – which is one of the largest ever vapour product studies - provides key insights into the real-world health impact of vaping.
Vuse is the No. 1 global vaping brandiv by market share and the first global carbon neutral vape brand.v Vuse products are available in 33 markets, with over 10m consumers worldwide.
Notes to Editors
Based on the biomarkers measured, compared to smokers, Vuse consumers using the product exclusively showed:
Significantly lower levels of all measured biomarkers of exposure to priority cigarette smoke toxicants, as defined by the WHO.
Significant favourable differences in three biomarkers of potential harm linked to the development of cardiovascular diseases (11-dTX B2, COHb and sICAM-1)
Lower levels of biomarkers of potential harm (WBC and 8-epi-PGF2α) for general inflammation and oxidative stress and
Favourable differences in a biomarker of potential harm (HDL) relevant to CVD
Favourable differences in a biomarker of potential harm (FeNO) relevant to lung health
About this study
This clinical study of participating Vuse consumers, smokers, former smokers and never smokers provides comprehensive analysis of 17 biomarkers of exposure (BoE) to priority cigarette smoke toxicants, biomarkers of potential harm (BoH) and physiological measures relevant to cardiovascular conditions, respiratory diseases and cancer.
Participants were based in the UK, aged between 19-55 years old, and in good general health. Four different groups were enrolled and studied.
Current smokers who had been smoking for at least one year prior to screening
Exclusive Vuse consumers (ePod and/or ePen3) for at least six months
Former smokers who had quit for at least six months
All participants were screened for urinary cotinine, a biomarker for nicotine exposure, and exhaled carbon monoxide to confirm their self-reported nicotine consumption and smoking status. The exclusive Vuse consumer and former smoker groups were also tested for the biomarker, CEVal, to ensure they had not smoked cigarettes during the preceding six months.
In addition to the wide range of BoE and BoPH assessed, another advantage of this study design was the relatively large number of participants (n-213 recruited), larger than any prior vapour studies of this kind.
Unlike longitudinal studies where participants attend multiple clinic visits over an extended period of time, participants in this study made a single clinic visit overnight where clinicians analysed their breath, urine and blood to measure BoE and BoH and took other clinical measurements relevant to health.
Participants used their own Vuse products and cigarette brands and engaged in their typical product usage for the 24-hour study period. Participants’ usage patterns and overall consumption were not controlled during the study, as the aim was to assess the measured impacts among people using the products in their ‘normal’ way rather than in a controlled way.
BAT is a leading, multi-category consumer goods business with a purpose to build A Better Tomorrow™ by reducing the health impact of its business through offering a greater choice of enjoyable and less risky products for adult consumers.
The company continues to be clear that combustible cigarettes pose serious health risks, and the only way to avoid these risks is not to start or to quit. BAT encourages those who would otherwise continue to smoke to switch completely to scientifically-substantiated, reduced-risk alternatives*†. In order to deliver this, BAT is transforming into a truly consumer-centric multi-category consumer products business.
BAT’s ambition is to have 50 million consumers of its non-combustible products by 2030 and to generate £5billion of New Categories revenue by 2025. BAT has set stretching ESG targets including achieving carbon neutrality for Scopes 1 & 2 by 2030 and eliminating unnecessary single-use plastic and making all plastic packaging reusable, recyclable or compostable by 2025.
BAT employs over 50,000 people. The BAT Group generated revenue of £27.65 billion in 2022 and profit from operations of £10.5 billion.
The company’s Strategic Portfolio is made up of its global cigarette brands and a growing range of reduced-risk*† New Category tobacco and nicotine products and traditional non-combustible tobacco products. These include vapour, tobacco heating products, modern oral products including tobacco-free nicotine pouches, as well as traditional oral products such as snus and moist snuff. In 2022, we had 22.5 million consumers of our non-combustible products, a rise of 4.2 million on full year 2021.
* Based on the weight of evidence and assuming a complete switch from cigarette smoking. These products are not risk free and are addictive.
† Our products as sold in the US, including Vuse, Velo, Grizzly, Kodiak, and Camel Snus, are subject to Food and Drug Administration (FDA) regulation and no reduced-risk claims will be made as to these products without FDA clearance.
This press release is not intended as a piece of promotional material for any products. This update relates to new scientific data and is not aimed at a specific market. It is intended to provide further scientific evidence to underpin our products.
This release contains certain forward-looking statements, including "forward-looking" statements made within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are often, but not always, made through the use of words or phrases such as "believe," "anticipate," "could," "may," "would," "should," "intend," "plan," "potential," "predict," "will," "expect," "estimate," "project," "positioned," "strategy," "outlook", "target" and similar expressions. These include statements regarding our customer target ambition, New Categories revenue targets and our ESG targets.
All such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors. It is believed that the expectations reflected in this release are reasonable, but they may be affected by a wide range of variables that could cause actual results to differ materially from those currently anticipated. A review of the reasons why actual results and developments may differ materially from the expectations disclosed or implied within forward-looking statements can be found by referring to the information contained under the headings “Cautionary Statement” and "Group Principal Risks " in the 2021 Annual Report and Form 20-F of British American Tobacco p.l.c. (BAT).
Additional information concerning these and other factors can be found in BAT's filings with the U.S. Securities and Exchange Commission ("SEC"), including the Annual Report on Form 20-F and Current Reports on Form 6-K, which may be obtained free of charge at the SEC's website, http://www.sec.gov and BAT’s Annual Reports, which may be obtained free of charge from the BAT website www.bat.com.
Past performance is no guide to future performance and persons needing advice should consult an independent financial adviser. The forward-looking statements reflect knowledge and information available at the date of preparation of this release and BAT undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on such forward-looking statements.
i The study focused on self-reported exclusive users of commercially available Vuse ePod or Vuse ePen3. Thus, references to “Vuse” in the context of the study means either Vuse ePod or Vuse ePen3.
ii Harmful and Potentially Harmful Constituents in Tobacco Products and Tobacco Smoke: Established List | FDA
iii World Health Organization Study Group on Tobacco Regulation. Report on the Scientific Basis of Tobacco Product Regulation: Fifth Report of a WHO Study Group, 2015.
iv Based on Vype/Vuse estimated value share from Recommended Retail Price (RRP) in measured retail for vapour (i.e. total vapour category value in retail sales) in the USA, Canada, France, UK, Germany. These five markets cover an estimated 77% of global vapour closed system net turnover (NTO), calculated in June – July 2021.
v Based on Vuse Go, Vuse ePod, ePen, eTank mini, Alto devices and consumables internal sales forecast (calculated March 2022) for 12 months starting from April 2022. Vuse will have reduced its carbon emissions by circa 55% (as of March 2023) through its internal sustainability initiatives since launched in 2019 and has now offset the remaining circa 45%.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230530005321/en/
+44 (0) 20 7845 2888 (24 hours) | @BATplc
Victoria Buxton: +44 (0)20 7845 2012
John Harney: +44 (0)20 7845 1263