Sunday, December 22, 2019

Saudi Fund for Development Signs Loan Agreement with Burundi Government to Upgrade Major Road Link

Gitega, Burundi.-Thursday 19 December 2019 [ AETOS Wire ]

The Saudi Fund for Development (SFD) recently signed a loan agreement worth $5.9million with the Burundi Government to upgrade a major road connection between the city of Bujumbura and the country’s airport. The Arabic Bank (BADEA) and the Burundi Government are co-contributors towards the project.
It is the latest in an ongoing program of developments the SFD has supported in Burundi including transport, education and housing, and comes under Burundi’s 2045 development plan to establish the nation as an attractive economic and tourism destination.
The Bujumbura road project will include a road widening scheme and upgraded airport entrance.
The Vice-Chairman and Managing Director of the SFD, Dr. Khaled bin Sulaiman Al Khudairy led a delegation from the Fund on a visit to Burundi and signed the agreement with Burundi Minister of Finance Domicien Ndihokubwayo, and in the presence of the Minister of Transportation, Mr. Jean Bosco Ntunzwenimana and General Manager of the Roads Agency Mr. Emile Ndayisaba.
Dr. Al Khudairy said, The SFD and Government of Burundi have worked together over many years in a series of successful development projects. By providing loans, the Saudi Fund for Development aims to promote economic prosperity within developing countries. Schemes like this road upgrading bring real and tangible benefits to people and communities in need. The improvement in the road network will provide a long term sustainable impact for Burundi’s economy and its three million population by improving the movement of goods and people. The loan also marks the latest in a commitment by the SFD to work in nations throughout Africa and improve life opportunities for those in developing nations.”
To date, the SFD has contributed to a total of 13 development projects in Burundi which include infrastructure and educational projects. The SFD is one of Africa’s largest contributors to sustainable development aid, promoting stability and prosperity to the region since 1975, and has contributed financial assistance to more than 400 development projects 46 African countries. The SFD is aligned with Saudi Arabia’s Vision 2030 and its goals of building prosperity and providing socio-economic support to developing nations.



ContactsNizar Hariz, +966558874438


O-RAN Alliance Conducts First Global Plugfest to Foster Adoption of Open and Interoperable 5G Radio Access Networks

• 35 companies and operator-members jointly demonstrated 10 scenarios to verify and validate recently published O-RAN specifications in Asia, Europe and North America

• The Radio Access Network vendors’ adoption of open standards and interoperability is expected to become an integral part of emerging 5G networks

• An O-RAN Industry Briefing is scheduled for Mobile World Congress Barcelona 2020, where members will exchange views on the important steps towards realizing O-RAN compliant commercial solutions


BONN, Germany-Sunday 22 December 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- The O-RAN Alliance successfully conducted its first worldwide plugfest and proof of concept to demonstrate the functionality as well as the multi-vendor interoperability of network equipment that complies with the recently published O1, A1, and Open Fronthaul interface specifications.

“O-RAN’s first global plugfest showcases the power of the community to document and develop truly open interface specifications with the potential to accelerate new 5G advanced services that will be multi-operator, multi-vendor, and create opportunities for the entire ecosystem,” said Andre Fuetsch, Chairman of the O-RAN Alliance and Chief Technology Officer of AT&T. “These live demonstrations represent yet another step toward the realization of O-RAN compliant 5G RAN solutions that should soon become part of the product offerings of both mainstream and niche vendors.”

ASIA

Hosted by China Mobile, the plugfest Asian Session was held in the China Mobile International Information Port, an Open Test and Integration Center, with physical attendance well over 200 attendees from over 70 companies, plus on-line attendance of over 70 participants. Representatives from global operators including British Telecom, China Telecom, China Unicom, NTT DOCOMO, Orange, Reliance Jio, Telecom Italia Mobile and an operator from North America have actively participated in this event. The plugfest tested and integrated multi-vendor solutions that comply with the O-RAN Open Fronthaul interface and exercised decoupling different hardware technologies from the RAN software:

    Cloud-based small cell running on virtualization technology was demonstrated by CertusNet, Lenovo, ChengDu NTS and Inventec. It features a VM-based O-CU and containerized O-DU cohosted on the same x86 processor plus accelerator platform.
    Multi-vendor interoperability with 5G commercial products was demonstrated by NTT DOCOMO with Fujitsu and NEC.
    A low power configuration of cloud base station running on Yocto OS and container technology was demonstrated by Altran, ArrayComm, WindRiver, Baicells and CIG. It features the open architecture baseband signal processing based on ARM processor plus accelerator computing platform.
    Soft base station with O-RAN compliant open fronthaul interface, but without virtualization, was demonstrated by Radisys, Foxconn (Taiwan), QCT and Intel. It leverages open source software including the O-RAN Open Source Community’s OFH Lib, and BBDev based Accelerator Abstraction Layer SDK API.
    The interworking of the O-RAN open fronthaul interface was demonstrated on technology provided by FHK (Shenzen) and Viavi, which performs comprehensive tests based on the test specification by O-RAN with O-RU and UE emulator in a multiple-UE test environment.

The plugfest held in the NTT DOCOMO R&D Center presented multi-vendor interoperability between CU/O-DU and O-RU using the O-RAN Open Fronthaul interface and multi-vendor interoperability between eNB and gNB using the O-RAN X2 interface. The functionality has been successfully demonstrated by NTT DOCOMO, Fujitsu, NEC, and Nokia. NTT DOCOMO has already started 5G pre-commercial service with the presented products. An Open Test and Integration Center is planned to be established in Japan.

NORTH AMERICA

The plugfest and proof-of-concept conducted within an Open Test and Integration Center candidate in North America, 5G COSMOS, which consists of vendor and university labs in the NYC metro area, was hosted by AT&T and focused primarily on the validation of the O1 and A1 interfaces:

    Physical Network Function (PNF) Plug and Play, a 3GPP-aligned O1 use case that provides a means for service providers to collaborate with equipment vendors to have PNFs discovered by Service Management Orchestration (SMO) via a PNF registration handler, was demonstrated by Nokia, CommScope and Ericsson. Remote SMO functions were also demonstrated with connections to labs in France and Germany.
    Bulk Performance Management Data Collection was demonstrated by Ericsson and Nokia.
    O1 interface functionality for Configuration, Performance, and Fault Management of multi-vendor equipment via a vendor-agnostic SMO was demonstrated by Altiostar, CommScope, and Samsung.
    A1 interface functionality to optimize PCI/RSI for a large-scale RAN simulator using a closed loop automation framework was demonstrated by IBM, Tech Mahindra, Wipro and highstreet technologies.
    Convergence of the Open Fronthaul Management Plane specification with O1 interface was demonstrated by Samsung.

“The O-RAN Alliance has been continuously expanding its influence in the industry since its inception. It is really amazing to see such a symbolic milestone achieved just 10 months since its release of the first specification in MWC Barcelona this year,” said Zhengmao Li, EVP of China Mobile. “The successful holding of the plugfest event globally with deep contribution from over 30 partners represents a consolidated step towards a full disaggregated O-RAN compliant 5G network.”

Dr. Hiroshi Nakamura, EVP and CTO, NTT DOCOMO commented, "We believe wide adoption of O-RAN compliant products will enable more agile, flexible and cost-effective network construction, and welcome the testing and integration efforts of O-RAN standards that are being carried out across the globe. NTT DOCOMO will continue to lead O-RAN Alliance activities and expand its 5G network, and will accelerate the co-creation of 5G services and markets with vertical industry partners."

O-RAN Industry Briefing at MWC 2020

For a comprehensive update on O-RAN activities, including significant developments in Europe, the O-RAN community will come together for the O-RAN Industry Briefing event at MWC Barcelona 2020. Representatives from O-RAN operator and vendor member organizations will discuss and share views on the important steps towards realizing O-RAN compliant commercial solutions. O-RAN Alliance is looking forward to meeting you on Feb 25, 2020, 9:30-10:30 am at the Deutsche Telekom Booth, Hall 3, Booth 3M31.

About O-RAN Alliance

O-RAN Alliance is a world-wide community of more than 130 mobile operators, vendors, and research & academic institutions operating in the Radio Access Network (RAN) industry. As the RAN is an essential part of any mobile network, O-RAN Alliance’s mission is to re-shape the industry towards more intelligent, open, virtualized and fully interoperable mobile networks. The new O-RAN standards will enable a more competitive and vibrant RAN supplier ecosystem with faster innovation to improve user experience. O-RAN-compliant mobile networks will at the same time improve the efficiency of RAN deployments as well as operations by the mobile operators. To achieve this, O-RAN Alliance publishes new RAN specifications, releases open software for the RAN, and supports its members in integration and testing of their implementations.

For more information please visit www.o-ran.org.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191219005289/en/

Contacts

O-RAN Alliance PR Contact

Zbynek Dalecky
pr@o-ran.org
O-RAN Alliance e.V.
Buschkauler Weg 27
53347 Alfter/Germany


Permalink : https://www.aetoswire.com/news/o-ran-alliance-conducts-first-global-plugfest-to-foster-adoption-of-open-and-interoperable-5g-radio-access-networks/en

Esri Enters Into Licensing Agreement with European Commission

New Agreement to Provide Geospatial Tools for European Union’s Executive Arm



ROTTERDAM, The Netherlands-Sunday 22 December 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Esri, the global leader in location intelligence, today announced that it has entered into a four-year general master agreement (GMA) with the European Commission. The agreement will enable the European Commission and selected Executive Agencies to use Esri software and deploy the full suite of its ArcGIS products in an open, scalable, and standards-based GIS architecture.

Implemented and deployed by Esri’s European distributors, the GMA also provides terms and conditions which several other EU institutions, agencies, and bodies can leverage to have access to Esri products. Esri’s European distributors will provide local support, services and training.

“We look forward to working with the European Commission as a part of this agreement,” said Jack Dangermond, Esri founder and president. “It is a priority for us to support the European Commission Directorates General and Agencies with our latest geospatial technology, for their important policy work in the EU.”

The use of Esri’s GIS technology will enable the European Commission and its Executive Agencies to easily share and analyze geographic information and use them to make better-informed, data driven, policy decisions.

About Esri

Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, offers the most powerful geospatial cloud available, to help customers unlock the full potential of data to improve operational and business results. Founded in 1969, Esri software is deployed in more than 350,000 organizations including 90 of the Fortune 100 companies, all 50 state governments, more than half of all counties (large and small), and 87 of the Forbes Top 100 Colleges in the U.S., as well as all 15 Executive Departments of the U.S. Government and dozens of independent agencies. With its pioneering commitment to geospatial information technology, Esri engineers the most advanced solutions for digital transformation, the Internet of Things (IoT), and advanced analytics. Visit us at esri.com.

Copyright © 2019 Esri. All rights reserved. Esri, the Esri globe logo, ArcGIS, The Science of Where, esri.com, and @esri.com are trademarks, service marks, or registered marks of Esri in the United States, the European Community, or certain other jurisdictions. Other companies and products or services mentioned herein may be trademarks, service marks, or registered marks of their respective mark owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191220005449/en/

Contacts

Jo Ann Pruchniewski
Public Relations, Esri
Mobile: 301-693-2643
Email: jpruchniewski@esri.com

Permalink : https://www.aetoswire.com/news/esri-enters-into-licensing-agreement-with-european-commission/en

AFC Invests US$150 million in the Eritrean Colluli Potash Project

LAGOS, Nigeria.-Tuesday 17 December 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Africa Finance Corporation ("AFC" or the “Corporation"), the leading infrastructure solutions provider in Africa, announces a US$150 million strategic investment in Danakali Limited (“Danakali” or the “Company”).

The funds will be used for the development and construction of the Colluli Potash Project (“Colluli” or the “Project”) located in the Danakali region of Eritrea. The Project

is a late-stage, large, long-life and low-cost sulphate of potash (“SOP”) deposit, with estimated reserves of 1.254 Billion tonnes of potassium bearing salts. Colluli is planning to make a 52% potassium oxide product, which is a higher grade than most of its competitors’ products.

With a mine life of approximately 200 years, the Project will be of significant economic and financial benefit to the country, representing up to 10% of the country’s gross domestic product by 2021. The Project will place Eritrea as the only African producer of SOP, which is a premium-quality potash that improves crops’ absorbency of nutrients and resilience to adverse conditions.

Colluli Mining Share Company, the 100% owner of the Project, is controlled through a 50:50 joint venture agreement held by the Eritrean National Mining Corporation and STB Eritrea Pty Ltd, a wholly owned subsidiary of ASX and LSE-listed Danakali (ASX: DNK, LSE: DNK). It has been agreed that Danakali will be the developer and operator of the project moving forward.

Samaila Zubairu, President & CEO of AFC, commented: “Eritrea is a post-conflict country that is in the process of rebuilding itself and its economy. Projects like Colluli create jobs, provide export earnings and tax revenues. AFC is keen to support such projects and the government’s efforts in achieving its aspirations of scaling up infrastructure investments to promote agriculture and industrialization for enhanced productivity and economic growth.”

Mr. Yemane G. Meskel, Eritrea’s Minister of Information added: “This is great news. AFC’s substantial investment will indeed be pivotal in the operations of the world-class Colluli Potash Project. It also constitutes a trailblazer for other investments in several prospective sectors in Eritrea in the new climate of peace and cooperation in the entire Horn of Africa region.”

Notes to Editors

About AFC - www.africafc.org

AFC, an investment grade multilateral finance institution, was established in 2007 with an equity capital base of US$1 billion, to be the catalyst for private sector-led infrastructure investment across Africa.  With a current balance sheet of approximately US$5.07 billion, AFC is the second highest investment grade rated multilateral financial institution in Africa with an A3/P2 (Stable outlook) rating from Moody’s Investors Service. AFC successfully raised US$1,150 million (US$650 million and US$500 million) in 2019, US$500 million in 2017 and US$750 million in 2015 through Eurobond issuances; out of its Board-approved US$3 Billion Global Medium-Term Note (MTN) Programme. All Eurobond issues were oversubscribed and attracted investors from Asia, Europe and the USA.

AFC’s investment approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth.  AFC invests in high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. To date, the Corporation has invested over US$6.6 billion in projects within 30 countries across Africa.

Follow us on Twitter - @africa_finance

View source version on businesswire.com: https://www.businesswire.com/news/home/20191216005296/en/

Contacts
Lucy Savage

Senior Vice President, Communications

Tel: + 234 1 279 9600

Email: lucy.savage@africafc.org   



Buchanan Communications

Bobby Morse / Augustine Chipungu  

Tel: +44 20 7466 5000

 Email: afc@buchanan.uk.com

Permalink : https://www.aetoswire.com/news/afc-invests-us150-million-in-the-eritrean-colluli-potash-project/en

Mary Kay Inspires Beauty Trends at Spring/Summer 2020 Fashion Weeks in Europe

Mary Kay Makeup Artists Created Spring/Summer 2020 Beauty Trends at 173 Fashion Shows in Five Countries

DALLAS-Saturday 21 December 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Mary Kay Inc. continues to make its mark on the beauty industry through its ongoing partnerships with Ukrainian and Belarus Fashion Weeks, Mercedes-Benz Fashion Week Russia, and Bratislava Fashion Days in Slovakia and Czech Republic.

“As an innovator of beauty trends, Mary Kay along with beauty artists, unveiled 2020 runway looks throughout fashion weeks in Europe,” stated Tara Eustace, President of Mary Kay for the European Region. “The runways at fashion week are the perfect stage to share inspiration, debut our innovations with the fashion world and elevate makeup trends in each of these countries.”

Designers, influencers, celebrities, makeup artists, beauty bloggers and editors attended all five events where Mary Kay was the official beauty partner for the spring/summer 2020 fashion week season.

“The Mary Kay Global Design Studio was created over 10 years ago to inspire beauty trends and drive innovation, fueling creativity and individuality through fashion collaborations around the world,” said Sheryl Adkins-Green, Chief Marketing Officer, and Creative & Inspiration Officer for the Mary Kay Global Design Studio. “During fashion weeks, makeup artists in collaboration with Mary Kay, unleashed some of the major trends of the season. Beauty enthusiasts can get the look ‘as seen’ on the runway or revisit the inspiration to create their own.”

Fashion Weeks Highlights:

Held in Kyiv between August 31-September 4, 2019, Ukrainian Fashion Week (UFW) kicked off the Mary Kay sponsored events in Europe. Under the artistic direction of lead makeup artist MartElle, a team of 40 beauty artists, all of whom are also members of the Mary Kay independent sales force, prepped the runway models for 30 Ukrainian designers and performed 350 different makeup looks throughout UFW. One of the fashion shows was an exclusive capsule pink bra collection collaboration between Mary Kay Ukraine and lingerie brand Keòsme aimed at supporting women diagnosed with breast cancer. Ten percent of sales proceeds from the exclusive collection will be donated to a Ukrainian nonprofit organization that promotes female health and wellness.

Bratislava Fashion Days by Mercedes-Benz was next in Bratislava on September 16-19, and Prague on October 5-6. For the second year in a row, Mary Kay Slovakia was the Official Makeup Artist for the event. Makeup artists prepared the show-stopping makeup looks worn by runway models and starred in the backstage stories on Fashion TV. Inspired by Mary Kay’s Global Beauty Ambassador Luis Casco, the “Sparkling Pewter,” “Sultry Glam,” “Sweet Champagne,” and “Garnet Gold” special looks became the highlights of the shows. The December 17 show in Bratislava marked the closing of the 2019 edition of the Fashion Days.

Mary Kay Russia has been the Official Makeup Artist of the Mercedes-Benz Fashion Week Russia (MBFW Russia) for 7 years in a row—13 consecutive seasons. The largest fashion event in Eastern Europe, MBFW Russia was held in Moscow on October 15-19. Luis Casco, and star makeup artist Andrey Shilkov, co-created the looks for 109 shows out of a total of 119, while a makeup team from the Mary Kay Russia independent sales force represented the brand backstage. The stunning beauty look imagined for the Te Amo Couture runway show was the result of the exclusive Casco-Shilkov collaboration.

The Belarus Fashion Week (BFW) held in Minsk on October 17- 20, 2019, wrapped up a successful fashion week season for Mary Kay in Eastern Europe. Mary Kay was BFW Official Makeup Artist for the 7th season in a row. A team of beauty artists from the Mary Kay Belarus independent sales force featured 650 runway looks and no less than 500 makeovers under the guidance of beauty artist maestro Alexander Kiryniuk, who also presented the season's trends.

About Mary Kay

One of the original glass ceiling breakers, Mary Kay Ash founded her beauty company more than 55 years ago with three goals: develop rewarding opportunities for women, offer irresistible products, and make the world a better place. That dream has blossomed into a multibillion-dollar company with millions of independent sales force members in nearly 40 countries. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skin care, color cosmetics, and fragrances. Mary Kay is committed to empowering women and their families by partnering with organizations from around the world, focusing on supporting cancer research, protecting survivors from domestic abuse, beautifying our communities, and encouraging children to follow their dreams. Mary Kay Ash’s original vision continues to shine—one lipstick at a time. Learn more at MaryKay.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191219005838/en/

Contacts

Mary Kay Inc. Corporate Communications
marykay.com/newsroom
972.687.5332 or media@mkcorp.com


Permalink : https://www.aetoswire.com/news/mary-kay-inspires-beauty-trends-at-spring-summer-2020-fashion-weeks-in-europe/en

Saturday, December 21, 2019

Masimo and Dräger Expand Licensing Agreement to Add Masimo Brain Monitoring and Capnography Technologies

IRVINE, Calif. & LÜBECK, Germany.-Saturday 21 December 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Masimo (NASDAQ: MASI) and Dräger (OTCMKTS: DRWKF) announced today that they have expanded their partnership, whereby Dräger will integrate additional Masimo measurement technologies into Dräger’s family of multi-parameter patient monitors, to help clinicians assess brain function, oxygenation, and ventilation status.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191219005749/en/

After becoming the first patient monitoring company to integrate Masimo noninvasive, continuous rainbow SET® technologies, including total hemoglobin (SpHb®), in its patient monitors, Dräger will add Masimo SedLine® Brain Function Monitoring, O3® Regional Oximetry, and NomoLine® Capnography measurements to its already comprehensive suite of advanced measurement parameters, tailored for operating rooms and critical care settings.

The three additional technologies are currently available directly from Masimo on the Root® Patient Monitoring and Connectivity Platform:

Next Generation SedLine Brain Function Monitoring, which assists clinicians in monitoring the state of the brain under anesthesia, with bilateral data acquisition and processing of EEG signals and an enhanced Patient State Index (PSi).
O3 Regional Oximetry, which may help clinicians monitor cerebral oxygenation in situations in which pulse oximetry alone may not be fully indicative of the oxygen in the brain.
NomoLine “no-moisture” sampling lines, which are designed for low-flow applications and can be used in a variety of clinical scenarios and care settings, on both intubated and non-intubated patients of all ages, in both low- and high-humidity applications.
Stefan Dräger, CEO of Dräger, said, “For over 20 years, the foundation of our strong relationship with Masimo has been our shared vision to improve patient outcomes while lowering the cost of healthcare. This expanded agreement allows us to offer our customers the most innovative technologies, helping them to deliver even better patient care and achieve better patient outcomes.”

Joe Kiani, Founder and CEO of Masimo, said, “Masimo’s technical prowess in monitoring – from pulse oximetry, to noninvasive hemoglobin, to brain monitoring, and more – makes our technologies an ideal solution not just for our own devices but for other companies wanting to provide hospitals and patients the best possible care. Dräger has long understood this and we appreciate our longstanding partnership and their continued faith in us.”

@MasimoInnovates | @DraegerNews

About Masimo

Masimo (NASDAQ: MASI) is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, patient monitors, and automation and connectivity solutions. Our mission is to improve patient outcomes and reduce the cost of care. Masimo SET® Measure-through Motion and Low Perfusion™ pulse oximetry, introduced in 1995, has been shown in over 100 independent and objective studies to outperform other pulse oximetry technologies.1 Masimo SET® has also been shown to help clinicians reduce severe retinopathy of prematurity in neonates,2 improve CCHD screening in newborns,3 and, when used for continuous monitoring with Masimo Patient SafetyNet™ in post-surgical wards, reduce rapid response team activations, ICU transfers, and costs.4-6 Masimo SET® is estimated to be used on more than 100 million patients in leading hospitals and other healthcare settings around the world,7 and is the primary pulse oximetry at 9 of the top 10 hospitals according to the 2019-20 U.S. News and World Report Best Hospitals Honor Roll.8 Masimo continues to refine SET® and in 2018, announced that SpO2 accuracy on RD SET® sensors during conditions of motion has been significantly improved, providing clinicians with even greater confidence that the SpO2 values they rely on accurately reflect a patient’s physiological status. In 2005, Masimo introduced rainbow® Pulse CO-Oximetry technology, allowing noninvasive and continuous monitoring of blood constituents that previously could only be measured invasively, including total hemoglobin (SpHb®), oxygen content (SpOC™), carboxyhemoglobin (SpCO®), methemoglobin (SpMet®), Pleth Variability Index (PVi®), RPVi™ (rainbow® PVi), and Oxygen Reserve Index (ORi™). In 2013, Masimo introduced the Root® Patient Monitoring and Connectivity Platform, built from the ground up to be as flexible and expandable as possible to facilitate the addition of other Masimo and third-party monitoring technologies; key Masimo additions include Next Generation SedLine® Brain Function Monitoring, O3® Regional Oximetry, and ISA™ Capnography with NomoLine® sampling lines. Masimo’s family of continuous and spot-check monitoring Pulse CO-Oximeters® includes devices designed for use in a variety of clinical and non-clinical scenarios, including tetherless, wearable technology, such as Radius-7® and Radius PPG™, portable devices like Rad-67™, fingertip pulse oximeters like MightySat® Rx, and devices available for use both in the hospital and at home, such as Rad-97®. Masimo hospital automation and connectivity solutions are centered around the Iris® platform, and include Iris Gateway®, Patient SafetyNet, Replica™, Halo ION™, UniView™, and Doctella™. Additional information about Masimo and its products may be found at www.masimo.com. Published clinical studies on Masimo products can be found at www.masimo.com/evidence/featured-studies/feature/.

ORi and RPVi have not received FDA 510(k) clearance and are not available for sale in the United States. The use of the trademark Patient SafetyNet is under license from University HealthSystem Consortium.

References

Published clinical studies on pulse oximetry and the benefits of Masimo SET® can be found on our website at http://www.masimo.com. Comparative studies include independent and objective studies which are comprised of abstracts presented at scientific meetings and peer-reviewed journal articles.
Castillo A et al. Prevention of Retinopathy of Prematurity in Preterm Infants through Changes in Clinical Practice and SpO2 Technology. Acta Paediatr. 2011 Feb;100(2):188-92.
de-Wahl Granelli A et al. Impact of pulse oximetry screening on the detection of duct dependent congenital heart disease: a Swedish prospective screening study in 39,821 newborns. BMJ. 2009;Jan 8;338.
Taenzer AH et al. Impact of pulse oximetry surveillance on rescue events and intensive care unit transfers: a before-and-after concurrence study. Anesthesiology. 2010:112(2):282-287.
Taenzer A et al. Postoperative Monitoring – The Dartmouth Experience. Anesthesia Patient Safety Foundation Newsletter. Spring-Summer 2012.
McGrath SP et al. Surveillance Monitoring Management for General Care Units: Strategy, Design, and Implementation. The Joint Commission Journal on Quality and Patient Safety. 2016 Jul;42(7):293-302.
Estimate: Masimo data on file.
http://health.usnews.com/health-care/best-hospitals/articles/best-hospitals-honor-roll-and-overview.
Dräger. Technology for Life.®

Dräger is an international leader in the fields of medical and safety technology. Our products protect, support and save lives. Founded in 1889, Dräger generated revenues of around EUR 2.6 billion in 2018. The Dräger Group is currently present in more than 190 countries and has more than 14,000 employees worldwide. Please visit www.draeger.com for more information.

Forward-Looking Statements

This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, in connection with the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among others, statements regarding the potential effectiveness of Masimo SedLine®, O3®, NomoLine®, and Root®. These forward-looking statements are based on current expectations about future events affecting us and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond our control and could cause our actual results to differ materially and adversely from those expressed in our forward-looking statements as a result of various risk factors, including, but not limited to: risks related to our assumptions regarding the repeatability of clinical results; risks related to our belief that Masimo's unique noninvasive measurement technologies, including Masimo SedLine, O3, NomoLine, and Root, contribute to positive clinical outcomes and patient safety; risks related to our belief that Masimo noninvasive medical breakthroughs provide cost-effective solutions and unique advantages; as well as other factors discussed in the "Risk Factors" section of our most recent reports filed with the Securities and Exchange Commission ("SEC"), which may be obtained for free at the SEC's website at www.sec.gov. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today's date. We do not undertake any obligation to update, amend or clarify these statements or the "Risk Factors" contained in our most recent reports filed with the SEC, whether as a result of new information, future events or otherwise, except as may be required under the applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191219005749/en/

Contacts
Media Contacts:
Masimo Evan Lamb
949-396-3376
elamb@masimo.com

Dräger
Melanie Kamann
+49 451 882-3998
Melanie.kamann@draeger.com


Permalink : https://www.aetoswire.com/news/masimo-and-draumlger-expand-licensing-agreement-to-add-masimo-brain-monitoring-and-capnography-technologies/en

Walton Launches U.S. Homebuilder Fund to Support Rising Housing Demand

PHOENIX-Tuesday 17 December 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Walton Global Holdings Ltd. and its affiliates (collectively Walton), a real estate investment and land asset company with US$3.8 billion under management and administration, has announced its first Builder Option Land Development fund (the BOLD Fund), with an investment objective of acquiring land for future sale to homebuilders throughout the United States.

The BOLD Fund offers investors the opportunity to participate in the current growth of the home building market in the U.S. The fund will acquire properties identified by large volume U.S. homebuilders for near term residential development projects through a predetermined exit strategy. The land is then expected to be sold to those same builders in phases with an adjustable takedown schedule and flexible payment options. BOLD Fund investors are anticipated to receive annual distributions as homes are developed and sold by the builders.

“Our new BOLD Fund provides homebuilders with a land acquisition opportunity to work alongside an international real estate investment and asset management company for securing a land pipeline with a minor upfront capital contribution impact, during what we see as the biggest housing demand in recent history,” said Bill Doherty, CEO, Walton Global Holdings.

According to the National Association of Home Builders (NAHB) Housing Market Index (HMI) and NAHB Chairman Greg Ugalde from November 2019, competition is heating up for single-family lots as builders continue to report positive conditions, spurred in part by low mortgage rates and continued job growth.

For over 40 years, Walton has researched, planned, and structured pre-development land investments located in the major growth corridors throughout the U.S. and Canada. The evolution of Walton has opened the door to offering new products, like the BOLD Fund, creating new opportunities for investors and homebuilders.

About Walton Global Holdings

Walton Global Holdings is a privately owned, leading global real estate investment, land asset management and administration company that has focused on strategically located land in major growth corridors for over 40 years. The company manages and administers US$3.8 billion of real estate assets in North America, on behalf of its investors and business partners. Walton has more than 106,000 acres of land under ownership, management and administration in the United States and Canada. For more information visit Walton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191216005127/en/

Contacts
MEDIA CONTACT:
Jennifer Whittle
LAVIDGE
480-998-2600
Jwhittle@lavidge.com

Permalink : https://www.aetoswire.com/news/walton-launches-us-homebuilder-fund-to-support-rising-housing-demand/en