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DaDaABC Expediting Partnership with National Geographic Learning with Common Core Courses and Upcoming Workshop Plans

DaDaABC, China’s leading online English learning platform for children, has partnered with National Geographic Learning (NGL) for its registered K12 students. To better adapt its teaching structure and instruction details, DaDaABC will conduct monthly workshops with experts from National Geographic Learning to build “an international school without walls.”

DaDaABC is partnering with National Geographic Learning to bring US common core materials to students across China. Designed especially for English Language Learners and English Language Development (ELL/ELD) the materials include a focus on active learning, opportunities for structured learning to meet the needs of individual students, and rich language, literacy and content to develop students’ academic language. Using abundant modes of input including novels, poems, plays, prose and social media, the course puts English vocabulary, grammar and knowledge all within students’ reach.

“Learning and speaking English as a foreign language has become an essential part of 21st century education,” said Dennis Hogan, General Manager, Global ELT. “Curiosity is critical in the classroom, and great photographs stimulate curiosity. With incredible National Geography photography and video, we can bring the world to classroom, and bring the classroom to life.”

DaDaABC has joined hands with four world-class education groups to form a closed loop of learning by connecting the key dots in both the online and offline English education business. The partnerships also pave the way for the creation of “an online school without walls” based on an entirely new business model.

“DaDaABC is forming a closed loop in online English education,” Hui Zhu, CEO and Co-founder of DaDaABC said, “It encompasses four key areas in the business chain – systematic teaching, rigidly-designed curriculums, authoritative certification and recognition in school advancement both home and abroad.”

About National Geographic Learning

National Geographic Learning, a Cengage company, is a leading provider of English language teaching materials globally. National Geographic Learning has partnered with TED in English Language Learning, further strengthening its mission to provide authentic, compelling materials which truly develop skills for the 21st century.

About DaDaABC

Founded in 2013, DaDaABC is the most innovative English training institution in China and has become one of the country’s most successful intelligent English learning platforms for children. Winner of over 15 awards and recognitions in 2016, DaDaABC has developed a leading English training system focused on one-on-one online tutoring and encouraging youngsters to learn and practice while having fun with instructors. The company has announced a total of 500 million RMB raised in Series B and Series B+, which will be used for market expansion, curriculum development and learning experience improvement. DaDaABC helps students from mainland China, Hong Kong, Taiwan, South Korea, JapanFranceGermany, and other non-English speaking countries. For more information, please visit: http://www.dadaabc.com/teacher/job

SOURCE DaDaABC

CONTACT: Richard Lee, +86-150-2158-8924, richard.lee@dadaabc.com

GAC Motor’s Sales and Dealership Satisfaction Tops J.D. Power China’s Index

China’s fastest growing automaker, GAC Motor, has been ranked seventh on the newly released 2017 J.D. Power China Sales Satisfaction Index (SSI) in the mass market category, the highest place received by a Chinese auto brand.

On the SSI, which offers a complete perspective on automotive sales and delivery processes, J.D. Power China has recognized GAC Motor’s integrated sales network and comprehensive after-sales services. As June of 2017, GAC Motor has more than 470 dealers worldwide and that number is expected to reach 520 by the end of 2017. With the establishment of cluster network stores, the company now has nearly800 locations that can provide sales and after-sales service to customers.

GAC Motor also received a score of 934 in J.D. Power’s Dealership Satisfaction Index (DSI), the highest in the industry.

Yu Jun, president of GAC Motor, noted that China is now the most important automotive market globally, and these successes are the result of the company’s customer-oriented strategy.

“This strategy has guaranteed that our sales and service teams provide the best quality experience for our customers worldwide. By building all-around teams, cultivating young talent and creating an information feedback system, we can make GAC Motor a world-class auto brand.”

GAC Motor’s customer-first principle has also led to success in the international market. By visiting and surveying international markets to adjust strategies, resources allocation, technology utilization and dealership policies accordingly, GAC Motor has been able to continuously improve the localization of its vehicles, sales and services.

In 2017, GAC Motor opened a flagship store and SKD factory in Nigeria to provide services tailored to the Nigerian market. Soon after, Dangote Group, the largest manufacturing conglomerate in West Africa, established a partnership with GAC Motor to buy vehicles for corporate use.

GAC Motor has also deployed a standardized management strategy across its global dealership network, after-sales services, market support teams and customer service representatives to satisfy the needs of all customers.

“In the future, GAC Motor plans to add more service centers and dealers to the global network, realizing a rational distribution of its industrial chain that sticks to its customer-oriented strategy,” said Yu. “We will build an international brand and promote experiential marketing while choosing international dealers based on our after-sales services system and capabilities.”

With the goal of launching more models to meet market demand, GAC Motor will offer ever-more options to consumers, including its robust SUV GS7 and subcompact SUV GS3, which will be released in August.

About GAC Motor

A subsidiary of GAC Group, GAC Motor develops and manufactures premium quality vehicles, engines, components and auto accessories, achieving a year-to-year growth rate of 96 percent in 2016, the highest among all Chinese brands in the corresponding period. GAC Motor now ranks the highest among all Chinese brands for four consecutive years and fifth among all global brands in J.D. Power Asia Pacific’s 2016 China Initial Quality Study.

For more information, please visit:

Facebook: https://www.facebook.com/GACMoto
Instagram: https://www.instagram.com/gac_motor
Twitter: https://twitter.com/gac_motor

Media Contact:

Sukie Wong
+86-186-8058-2829
sukie_gacmotor@126.com

Taki Jiang
+86-134-5028-4242
takijiang@126.com

SOURCE GAC Motor

The Phoenix Mills Limited and Canada Pension Plan Investment Board Acquire Site to Develop High-quality Retail Destination

Land Parcel in Pune, India Acquired for INR 1.61 Billion through Island Star Mall Developers

Key Highlights:

– Island Star Mall Developers Pvt. Ltd., the strategic investment platform owned by The Phoenix Mills Ltd. (PML) and Canada Pension Plan Investment Board, has announced the acquisition of a land parcel in Wakad, Pune, for INR 1.61 billion (C$32.0 million).

– The acquired land has a development potential of approximately 1.6 million square feet, of which approximately 1 million square feet is planned as premium retail development.

– This will be PML’s second MarketCity mall development in Pune.

Island Star Mall Developers Pvt. Ltd (ISMDPL), a strategic investment platform owned by The Phoenix Mills Limited (PML) and Canada Pension Plan Investment Board (CPPIB), today announced that it has acquired a land parcel in Pune for a total consideration of INR 1.61 billion (C$32.0 million). The site is the platform’s first acquisition and is located in Wakad, Pune, near Hinjewadi Junction, off the MumbaiPune bypass. The acquired land has a potential developable area of approximately 1.6 million square feet, which will allow for a planned premium retail development of approximately 1 million square feet.

“The West of Pune is one of the fastest developing residential and commercial hubs in Pune and yet lacks large-scale retail, entertainment, and food and beverage options under one roof. We are excited to have found an ideal land parcel in Wakad where we will develop our second Phoenix MarketCity in the city. With the existing Phoenix MarketCity in East Pune and the new site in West Pune, PML’s malls will be the shopping and entertainment destinations of choice for the residents of Pune. We look forward to working with CPPIB to acquire or develop additional high-quality retail assets across India’stop cities,” commented Mr. Atul Ruia, Jt. Managing Director, The Phoenix Mills Limited.

Pune is the eighth largest city in India with a population of 5.75 million. The city is a key education and employment hub, and home to a number of large manufacturing and information technology companies. The proposed new mall will be the largest retail destination in West Pune and will cater to the burgeoning middle-to-high income population spread across key residential and commercial areas. The site is situated in an attractive catchment northwest of Pune city that is experiencing strong housing demand.

“This acquisition helps deliver on our strategy of expanding our Indian retail portfolio with Phoenix Mills, an aligned, best-in-class partner. Pune’s attractive demographic and economic growth profile combined with an undersupplied retail market makes this an ideal location for a high-quality retail and entertainment destination and is well suited to CPPIB’s long-term investment horizon. We look forward to expanding our platform with Phoenix Mills across other cities,” said Andrea Orlandi, Managing Director, Head of Real Estate Investments – Europe, CPPIB.

In April 2017, PML and CPPIB created ISMDPL as an investment platform to develop, own and operate retail-led, mixed-use developments across India.

ISMDPL holds Phoenix MarketCity Bengaluru, which was PML’s contribution to the platform and CPPIB agreed to invest up to approximately INR 16 billion (C$330 million) in multiple tranches, to own up to a 49% stake in the platform. To date, CPPIB has invested INR 7.2 billion (C$145 million) in ISMDPL and owns 30% in the platform.

About Island Star Mall Developers Pvt. Ltd. (ISMDPL)

ISMDPL owns and operates a retail mall in Bengaluru known as Phoenix MarketCity, Bangalore. In addition, ISMDPL also has additional development potential to expand the existing mixed-use development.

About The Phoenix Mills Limited (PML)

PML (BSE: 503100 | NSE: PHOENIXLTD) is a leading retail mall developer and operator in India with approximately 6.0 million square feet of retail space spread across eight malls in six gateway cities of India. PML is the pioneer of retail-led, mixed-use developments in India and has developed over 17.5 million square feet spread across retail, hospitality, commercial, and residential asset classes.

About Canada Pension Plan Investment Board (CPPIB)

Canada Pension Plan Investment Board (CPPIB) is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits on behalf of 20 million contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, CPPIB invests in public equities, private equities, real estate, infrastructure and fixed income instruments. Headquartered in Toronto, with offices in Hong KongLondonLuxembourgMumbaiNew York City, São Paulo and Sydney, CPPIB is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At June 30, 2017, the CPP Fund totalled C$326.5 billion. For more information about CPPIB, please visit http://www.cppib.com or follow us on LinkedIn or Twitter.

For further information, kindly contact:
Canada Pension Plan Investment Board
Mei Mavin
Director, Global Corporate Communications
+1-646-564-4920
mmavin@cppib.com

Dan Madge
Senior Manager, Media Relations
+1-416-868-8629
dmadge@cppib.com

The Phoenix Mills Limited
Varun Parwal
VP – Finance & Investor Relations
+91-22-3001-6737
varun.p@phoenixmarketcity.in

Mehul Mehta
President, Dickenson Financial PR
+91-98202-80325
mehul.mehta@dickensonir.com

SOURCE The Phoenix Mills Limited (PML)

Phosphate Esters Market Worth 1,179.8 Million USD by 2022

According to a new market research report “Phosphate Ester Market by Type (Triaryl Phosphate Esters, Trialkyl Phosphate Esters, Alkyl Aryl Phosphate Ester), Application (Lubricants, Surfactants, Pesticides, Fire Retardants), Region (North AmericaEuropeAsia-Pacific) – Global Forecast to 2022″,published by MarketsandMarkets™, the market is estimated to be USD 843.9 Million in 2017 and is projected to reach USD 1,179.8 Million by 2022, at a CAGR of 6.9% from 2017 to 2022.

(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 165 Market Data Tables and 50 Figures spread through 201 Pages and in-depth TOC on “Phosphate Ester Market

http://www.marketsandmarkets.com/Market-Reports/phosphate-esters-market-9379095.html

Early buyers will receive 10% customization on this report.

The growth of the phosphate esters market is driven by the increasing demand from Asia Pacific and the Middle East & Africa and the increased use of non-halogenated phosphorus esters in various applications, such as lubricants, paints & coatings, and surfactants, among others.

Based on type, the triaryl phosphate esters segment is estimated to be the fastest-growing segment of the market in 2017

The triaryl phosphate esters segment is expected to be the fastest-growing segment of the phosphate esters market in 2017. Triaryl phosphate esters are widely used as fire retardants and hydraulic fluids, owing to their self-extinguishing properties. As hydraulic fluids, they offer excellent anti-foaming properties under extreme conditions. The viscosity of phosphate esters is retained during their life cycle, which provides good corrosion protection for a longer period. Owing to these properties, phosphate esters are widely used as hydraulic fluids in power station turbines. Asia Pacific and North America are the major markets for triaryl phosphate esters, in terms of value and volume.

Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=9379095

The lubricants application segment is estimated to be the largest segment of the phosphate esters market in 2017

The lubricants segment is estimated to be the largest application segment of the phosphate esters market. Phosphate esters are used as lubricants in industrial applications, such as turbines and compressors, due to their excellent oxidation stability and good anti-wear properties. Phosphate esters offer excellent flame retardant property, high ignition temperatures, excellent oxidation stability, and very low vapor pressures, which makes them difficult to burn. This has resulted in their increased demand for fire resistance lubricants in the recent years.

Asia Pacific is expected to witness the highest growth in the phosphate esters market during the forecast period

Asia Pacific is expected to be the fastest-growing market for phosphate esters during the forecast period, owing to the presence of high growth economies in the region. Emerging countries, such as China and India are the world’s major producers and consumers of phosphate esters.

Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=9379095

Key players operational in the Phosphate Esters Market Include Lanxess AG (Germany), Elementis plc (UK), Akzo Nobel N.V. (Netherlands), Solvay S.A. (Belgium), Exxon Mobil Corporation (US), Ashland Inc. (US), and Stepan Company (US), among others.

Browse Related Reports

Butylated Triphenyl Phosphate Market by Application (Lubricants, Hydraulic Fluids, Flame Retardants), and Region – Global Forecast to 2026

http://www.marketsandmarkets.com/Market-Reports/butylated-triphenyl-phosphate-market-263588078.html

Phosphate Market by Type/Derivative (Ammonium Phosphate, Calcium Phosphate, Phosphoric Acid), Application (Fertilizers, Foods & Beverages, Detergents), Type of Resource (Sedimentary Marine Deposits, Igneous & Weathered, Biogenic) – Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/phosphates-market-237175254.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets

Jasper Capital International Becomes Second China-Based Signatory to Hedge Fund Standards Board (HFSB)

Jasper Capital International (”Jasper”) has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund industry. As prudent stewards of client capital and as part of a commitment to adhering to the highest international standards, Jasper welcomes the HFSB’s effort to enhance global industry standards and facilitate investors due diligence.

About HFSB

Established in 2008, the HFSB is a standard-setting body for the alternative investment industry and custodian of the Hedge Fund Standards. The HFSB provides a powerful mechanism for creating a framework of transparency, integrity and good governance which improves how the alternative investment industry operates, facilitates investor due diligence and complements public policy.

The HFSB and the Standards are supported by managers accounting for over US$ 1tn in AUM. In addition, the HFSB’s Investor Chapter includes over 60 major international investors, including pension and endowment funds, sovereign wealth funds and funds of funds.

About Jasper

Jasper Capital International is a diversified, systematic investment firm founded in 2013 in Shenzhen, China. The Co-Founders were partners at its predecessor firm, Jasper Asset Management, a U.S. hedge fund headquartered in New Jersey. Jasper’s logic-based investment approach deploys a successful discipline to capture opportunities in the Chinese equity markets. As an industry leader with extensive local and global investment and risk management experience, Jasper offers investors multiple strategies designed to capitalize on China’s domestic market inefficiencies and future Chinese growth.

Jasper currently manages US$1.5 billion across four strategies: long-only bias, long/short equity, market neutral and seasoned equity offerings. Each seeks to maximize risk-adjusted excess returns by applying a rigorous, scientific methodology to strategy identification and research, back-testing and implementation.

SOURCE Jasper Capital International Ltd.

CONTACT: Sam, +86-138-2363-9437, sam.sha@jasperam.com

Issues of Equal Access to Sustainable Energy Saving Discussed During the Future Energy Forum at EXPO 2017

The 7th conference of the Future Energy Forum on the topic “Energy for everyone. Challenges of the New Time” took place on August 8-9. The two-day event was held within the framework of the business program of the International Specialized Exhibition Astana EXPO 2017.

The seventh out of the Forum’s twelve conferences became an international venue for discussing equal access to renewable and sustainable energy conservation.

Among the speakers were Prof. George Smoot, Nobel laureate in Physics, József Cseh, CTO of the energy company Platio, Ruslan Rakymbay, Director General of Primus Power Kazakhstan, Sayasat Nurbek, Managing Director and member of the Board of Directors of the Astana International Financial Center (AIFC) etc.

The delegates placed emphasis on international cooperation and the transfer of the acquired technologies to educational programs, microfinance strategies, and NGO activities in the sphere of low-carbon technologies.

“Renewable energy sources now comprise one fifth of all segments of energy sources, and this is mostly attributable to biomass energy. Solar energy provides 1% of all electric power and if it develops rapidly, then by 2030 it will produce 50% of our energy. We can also see the connection between the value and number of solar power facilities: the lower the price, the higher the number of facilities,” said Professor George Smoot.

During his speech at the conference, Rajendra Pachauri, President of the World Sustainable Development Forum, noted: “The time has come for business representatives to pay attention to innovative technologies which use green energy and integrate them into those regions where the level of sustainable energy sources is low.”

The Future Energy Forum is the main event forming part of the business program of Astana EXPO 2017. The results of all twelve conferences of the Forum will be included in the Astana EXPO 2017 Manifesto of Values and Principles.

About EXPO 2017 in Astana

The International Specialized Exhibition Astana EXPO 2017 dedicated to “Future Energy” is an educational and recreational event that will take place between June 10 and September 10, 2017 in Astana. The exhibition will last 93 days and will become one of the most spectacular cultural venues of 2017.

Our pages on social media:

YouTube: https://www.youtube.com/channel/UC9-D1aUUN1oQGyUUbZv1zXg

Facebook: https://www.facebook.com/Expo2017AstanaInternational/ 

Twitter: https://twitter.com/Expo2017_Int 

Instagram: https://www.instagram.com/expo2017astana_intl/

Weibo: http://weibo.com/p/1006065901042853/home?from=page_100606&mod=TAB&is_all=1 

Contact: Natalia Kostikovaexpo2017@m-p.ru, +7-903-209-35-00

SOURCE National company “Astana EXPO-2017”

ReneSola and Nautilus Solar Announce the Acquisition of A 13.3MW Community Solar Portfolio in Minnesota

ReneSola Ltd (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy-efficient products, and Nautilus Solar Energy, LLC (“Nautilus”), a leading national solar project development, acquisition and asset management company, today jointly announced Nautilus’s acquisition of an approximately 13.3 MW community solar portfolio previously developed by ReneSola. The community solar portfolio, qualified under Xcel Energy’s burgeoning community solar program, is located in the rapidly expanding Minnesota solar marketplace. The portfolio is expected to be built through the remainder of 2017, coming online during Q1 2018.

Now that Nautilus has finalized the transaction with ReneSola, the projects will be owned by an affiliate of Virgo Investment Group, which is also a minority shareholder of Nautilus Solar Energy. Nautilus, through its full-service platform, will provide development and long-term asset management services for the project. The energy provided by the portfolio directly benefits local community off-takers located offsite by lowering overall energy procurement costs while advancing renewable energy targets.

“The transaction demonstrates our strong execution in project development. We believe community solar to be an attractive market for us in the U.S.” remarked, Kevin Chen, CEO of ReneSola Power Holdings, the U.S. project development arm of ReneSola. “We look forward to continue working with the Nautilus team on other solar opportunities from our national development portfolio.”

“This deal continues the exciting growth strategy that we announced last year and expands our focus and capabilities to include community solar developments,” said Jim Rice, CEO of Nautilus Solar.  The acquisition also comes as part of Nautilus’s expansion strategy into newer solar markets located throughout the U.S.  “This transaction exemplifies how Nautilus is able to work closely together with experienced developers to provide superior results and in a timely fashion.  We are excited to be continuing to work with ReneSola’s development team,” added Jeffrey Cheng, COO of Nautilus Solar.

About ReneSola

Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola (NYSE: SOL) is an international leading brand of solar project developer and technology provider of energy efficient products. Leveraging its global presence, expansive distribution and sales network, ReneSola is well positioned to develop green energy projects with attractive return and provide its highest quality green energy products around the world. For more information, please visit www.renesola.com.

About Nautilus Solar Energy, LLC

Founded in 2006, Nautilus Solar Energy, headquartered in Summit, N.J., is a leading national solar development, acquisition, and asset management company. Nautilus focuses on developing, acquiring, executing and managing distributed and utility-scale generation solar projects. Over its 10+year history, Nautilus has invested in hundreds or MWs of solar projects and asset manages an additional 130MW located throughout North America.  Nautilus is minority owned by Virgo Investment Group, LLC. Join Nautilus on LinkedIn and Twitter and visit www.nautilussolar.com for more information.

Safe Harbor Statement

This press release contains statements that constitute ”forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Whenever you read a statement that is not simply a statement of historical fact (such as when the Company describes what it “believes,” “plans,” “expects” or “anticipates” will occur, what “will” or “could” happen, and other similar statements), you must remember that the Company’s expectations may not be correct, even though it believes that they are reasonable. The Company does not guarantee that the forward-looking statements will happen as described or that they will happen at all. Further information regarding risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements is included in the Company’s filings with the U.S. Securities and Exchange Commission, including the Company’s annual report on Form 20-F. The Company undertakes no obligation, beyond that required by law, to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made, even though the Company’s situation may change in the future.

For investor and media inquiries for ReneSola, please contact:

In China:

ReneSola Ltd
Ms. Rebecca Shen
+86 (21) 6280-9180 x106
ir@renesola.com

The Blueshirt Group Asia
Mr. Gary Dvorchak, CFA
+86 (138) 1079-1480
gary@blueshirtgroup.com

In the United States:

The Blueshirt Group
Mr. Ralph Fong
+1 (415) 489-2195
ralph@blueshirtgroup.com

For media inquiries for Nautilus Solar, please contact:

Nazli Ekim
+1 (917) 355-9650

SOURCE ReneSola Ltd.

Prometic and Shenzhen Royal Asset Management Close Transaction for Joint Venture and Licensing Rights to PBI-4050, PBI-4547 and PBI-4425 in China

  • Deal provides Prometic with an initial $33 million, of which $23 million receivable in H2 2017
  • SRAM acquired a Chinese pharmaceutical company to serve as development and commercial platform

LAVAL, QCAug. 14, 2017 /PRNewswire/ – Prometic Life Sciences Inc. (TSX: PLI) (OTCQX: PFSCF) (Prometic) today announced that it has executed definitive agreements in relation to the previously announced joint venture with affiliates of Shenzhen Royal Asset Management Co., Ltd. (SRAM).

Under the terms of the agreements, Prometic is licensing the development, manufacturing and commercialization rights for PBI-4050, PBI-4547 and PBI-4425 (the “Products”) for the Chinese market with an initial focus on pulmonary and liver fibrosis to a new subsidiary, Prometic ChinaCo (name subject to the approval of the relevant authorities). Prometic is also licensing the development and commercialization rights for the Products for the Chinese market for specific fibrosis indications to a SRAM affiliate.

SRAM’s initial funding of $33 million is earmarked for the clinical development of the Products, currently on-going outside China. Of the $33 million$23 million is receivable in the second half of 2017 with follow-on tranches expected in 2018. SRAM’s ownership would increase up to 25% in Prometic ChinaCo when all funds are received.  Prometic ChinaCo controls the bulk manufacturing of the Products which it will exclusively supply to sub-licensees in China. Prometic ChinaCo is to receive royalties for the net sales of the Products from sub-licensees.

“We are very excited about the potential of the Products being developed under this joint project and have already acquired a China-based pharmaceutical company to serve as the development and commercial platform, initially for PBI-4050 in diabetic kidney disease,” said Mr. Yu Huang, founder and chairman of SRAM. “A recent study published in The New England Journal of Medicine, indicates that there are approximately 114 million individuals with diabetes in China, with an estimated 24 million of those patients suffering with chronic kidney disease in 2015. We are therefore committed to advancing rapidly the clinical development of PBI-4050 for diabetic kidney disease in China.”

Pierre Laurin, president and CEO of Prometic, stated, “Beyond its financial contribution, SRAM will provide Prometic with the required local clinical, regulatory and operational expertise to efficiently execute in and capitalize upon the rapidly expanding Chinese market. The joint venture leverages Prometic’s R&D and clinical expertise and leadership, especially in the areas of fibrosis and autoimmune diseases/inflammation. The joint venture is also actively pursuing additional partnering transactions to further leverage the value of its products in targeted indications in China and provide additional funding.”

About PBI-4050 & PBI-4547

PBI-4050 and PBI-4547 are Prometic’s orally active lead drug candidates targeting fibrosis. As part of the regulatory process in the US, PBI-4050 will be entering Phase 2/3 clinical trials having demonstrated efficacy and excellent safety profiles in three Phase 2 open label clinical trials. Prometic plans to initiate the next phase of clinical trials for PBI-4547 in the fourth quarter of 2017. Fibrosis is a complex process by which continuing inflammation causes vital organs to lose their function as normal tissue is replaced by fibrotic scar tissue. The proof-of-concept data generated to-date with PBI-4050 confirms its anti-fibrotic activity in several key organs including the kidneys, the heart, the lungs and the liver. PBI-4050 has on-going clinical trials in patients with metabolic syndrome and type 2 diabetes, cystic fibrosis with related diabetes and Alström Syndrome. The planned Phase 2/3 clinical trials scheduled to commence in 2017 target patients with idiopathic pulmonary fibrosis (IPF) and chronic kidney disease (CKD). Twenty-six million patients in the U.S. alone are believed to suffer from CKD. Patients with severe CKD (stages 3 and 4) suffer from a progressive loss of their renal function leading to end-stage renal disease and the need for dialysis or kidney transplant. Cardiovascular complications are the most common cause of death in dialysis patients.

About PBI-4425

PBI-4425, an analogue of PBI-4050, expected to enter clinical trials in late 2017, was shown to significantly reduce pulmonary emphysema and cutaneous hyperplasia in the tight-skin (TSK) mouse model for scleroderma. TSK animals develop cutaneous hyperplasia, cardiac hypertrophy, pulmonary emphysema and autoimmunity against scleroderma target autoantigens. The treatment of scleroderma is one of the indications potentially earmarked for PBI-4425.

About Shenzhen Royal Asset Management

Shenzhen Royal Asset Management Co. Ltd was founded by Mr. Yu Huang who is also the Chairman of the Shenzhen TWOWHO Network & Fund Co. Ltd.  Mr. Huang’s leadership as the General Manager at Shenzhen GTJA Investment Group led to the investment in Jiangxi Boya Biopharmaceutical Corporation (Boya) in 2007 and its successful IPO in 2013.  Boya has become one of the prestigious biopharmaceutical companies in China with a market capitalization of over ¥17 billion CNY ($2.5 billion).  Mr. Huang was instrumental in Boya’s acquisition of 3 pharmaceutical companies in Chinanamely, Hainan Tianhuang Pharmaceutical Co., Ltd, Guizhou Tianan Pharmaceutical Company and Jiangxi Huiyinbi Group.  Recently, SRAM acquired Jiangsu Renshou Pharmaceutical Company.  Prior to GTJA, Mr. Huang was Deputy Manager at Beijing Guotai Junan Securities, one of the largest investment banks in China.

About Prometic Life Sciences Inc.

Prometic Life Sciences Inc. (www.prometic.com) is a long-established biopharmaceutical company with globally recognized expertise in bioseparations, plasma-derived therapeutics and small-molecule drug development.  Prometic is active in developing its own novel small-molecule therapeutic products targeting unmet medical needs in the field of fibrosis, cancer and autoimmune diseases/inflammation. A number of plasma-derived and small molecule products are under development for orphan drug indications. Prometic also offers its state of the art technologies for large-scale purification of biologics, drug development, proteomics and the elimination of pathogens to a growing base of industry leaders and uses its own affinity technology that provides for highly efficient extraction and purification of therapeutic proteins from human plasma in order to develop best-in-class therapeutics and orphan drugs. Headquartered in Laval (Canada), Prometic has R&D facilities in the UK, the U.S. and Canada, manufacturing facilities in the UK and commercial activities in the U.S., Canada, Europe and Asia.

Forward Looking Statements

This press release contains forward-looking statements about Prometic’s objectives, strategies and businesses that involve risks and uncertainties. These statements are “forward-looking” because they are based on our current expectations about the markets we operate in and on various estimates and assumptions. Actual events or results may differ materially from those anticipated in these forward-looking statements if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. Such risks and assumptions include, but are not limited to, Prometic’s ability to develop, manufacture, and successfully commercialize value-added pharmaceutical products, the availability of funds and resources to pursue R&D projects, the successful and timely completion of clinical studies, the ability of Prometic to take advantage of business opportunities in the pharmaceutical industry, uncertainties related to the regulatory process and general changes in economic conditions. You will find a more detailed assessment of the risks that could cause actual events or results to materially differ from our current expectations in Prometic’s Annual Information Form for the year ended December 31, 2016, under the heading “Risk and Uncertainties related to Prometic’s business”.  As a result, we cannot guarantee that any forward-looking statement will materialize. We assume no obligation to update any forward-looking statement even if new information becomes available, as a result of future events or for any other reason, unless required by applicable securities laws and regulations.  All amounts are in Canadian dollars unless indicated otherwise.

 

SOURCE ProMetic Life Sciences Inc.

CONTACT: Corporate Contacts: Pierre Laurin, President and CEO, Prometic Life Sciences Inc, p.laurin@prometic.com, 450.781.0115; Frederic Dumais, Senior Director, Communications & Investor Relations, Prometic Life Sciences Inc., f.dumais@prometic.com, 450-781-0115; Investor Contact: Bob Yedid, LifeSci Advisors, bob@lifesciadvisors.com, 646-597-6989; Media Contact: Matt Middleman, M.D., LifeSci Public Relations, matt@lifescipublicrelations.com, 646-627-8384

RELATED LINKS
http://www.prometic.com

42Gears Enters UK, Sets up Office in Manchester

Leading Enterprise Mobility Management (EMM) solution provider, 42Gears Mobility Systems, announces its expansion in the United Kingdom by setting up its third worldwide office in Manchester. 42Gears is headquartered in Bangalore, India and has a U.S. office in Fremont, California.

(Logo: http://mma.prnewswire.com/media/517153/42Gears_Mobility_Systems_Logo.jpg )

This expansion is a reflection of 42Gears’ growth and commitment to serve its customers with the latest technology solutions. 42Gears has a global customer base and bulk of its business comes from U.S. and UK. UK is the natural choice for setting up the next 42Gears office after U.S. This strategic move will help 42Gears to serve UK and EU customers better and tap into new business opportunities in these markets.

The new office is located at 510. 4 Piccadilly House, 49 Piccadilly, Manchester  M12AP, United Kingdom and is being headed by Kaushik Sindhu, Associate Vice President, 42Gears.

42Gears CFO, Ashok Poojari, said on the announcement: “We are excited to expand our business. Best yet, our growth is coming from both new and existing clients. We have successfully set up a wholly-owned subsidiary of 42Gears in Manchester and are now looking forward to integrate with Manchester’s thriving business community.”

“UK is a huge and important market for us. It has helped us enrich our product offerings through the innovative use cases that businesses demand. We have benefitted from the learnings in the UK. Setting up base in Manchester will accelerate our product development and company growth,” said Kaushik Sindhu, Associate Vice President, 42Gears.

Manchester Investment and Development Agency Service (MIDAS) helped 42Gears to set up operations in the UK, after 42Gears won the TechFast 50 organized by Deloitte Touche Tohmatsu India LLP (DTTILLP). Manchester will serve as a strategic base to explore business development opportunities in the European market and will also help acquiring the right talent. The focus will be on growing the company’s market presence and strengthening business relationships with existing OEMs, resellers, partners and customers in the United Kingdom and Europe.

Kaushik Sindhu can be reached at kaushik.sindhu@42gears.com.

About 42Gears

42Gears Mobility Systems provides SaaS and on-premise EMM solution. It offers enterprise-ready products to help companies secure, monitor and manage enterprise mobile devices. More than 7000 customers across 106 countries use 42Gears for BYOD and Company Owned Device deployment scenarios. 42Gears products are used in verticals like healthcare, manufacturing, logistics, education and retail.

For more information, please visit http://www.42gears.com.

For media queries, please reach out to manisha.singh@42gears.com

SOURCE 42Gears Mobility Systems

Vaccines Market Worth 49.27 Billion USD by 2022

According to a new market research report Vaccine Market by Technology (Live, Conjugate, Toxoid, Recombinant), Disease (Influenza, DTaP, HPV, Hepatitis, Rotavirus, TT, Polio, MMR, Varicella, Dengue, TB, Rabies), Route (IM, SC, ID, Oral), End User (Pediatric, Adult) & Type – Forecast to 2022, published by MarketsandMarkets™, the market is expected to reach USD 49.27 Billion by 2022 from USD 34.30 Billion in 2017, at a CAGR of 7.5%.

(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 92 Market Data Tables and 52 Figures spread through 204 Pages and in-depth TOC on“Vaccine Market

http://www.marketsandmarkets.com/Market-Reports/vaccine-technologies-market-1155.html

Early buyers will receive 10% customization on this report.

Conjugate vaccines to dominate the market in 2017

Based on technology, the Vaccines Market is segmented into conjugate vaccines, inactivated and subunit vaccines, live attenuated vaccines, recombinant vaccines, and toxoid vaccines. In 2017, the conjugate segment is expected to account for the largest share of the Vaccines Market. The growth in this market is mainly driven by increasing investments by the government of developing countriesand rising prevalence of infectious diseases.

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=1155

Based on disease indication, the pneumococcal segment is projected to grow at the highest CAGR during the forecast period.

By disease indication, the Vaccines Market is segmented into pneumococcal disease, influenza, DTP, hepatitis, human papillomavirus (HPV), rotavirus, meningococcal disease, MMR (measles, mumps, and rubella), varicella, polio, dengue, and other disease indications. The pneumococcal segment is expected to register the highest rate during the forecast period. The growth in this segment can primarily be attributed to the increasing government investments in pneumococcal vaccination programs and high prevalence of pneumococcal disease.

Talk To Our Research Analysts: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=1155

North America to dominate the Vaccines Market

In 2017, North America is expected to dominate the market. The large share of this geographical segment is attributed to factors such as increasing investments by government organizations and companies to promote immunization as well as develop new vaccines. In 2017, Europe is expected to hold the second largest share of this market. Factors such as availability of funding and venture capital investments for the development of new vaccines and increasing government initiatives are expected to drive market growth in this region.

The Vaccines Market is highly competitive with the presence of several small and big players. Some of the players in the Vaccines Market are GlaxoSmithKline plc (U.K.), Pfizer, Inc. (U.S.), Merck & Co., Inc. (U.S.), Sanofi Pasteur SA (France), CSL Limited (Australia), Emergent BioSolutions, Inc. (U.S.), Johnson & Johnson (U.S.), MedImmune, LLC (U.S.), Astellas Pharma Inc. (Japan), Serum Institute of India (India), Bavarian Nordic (Denmark), Mitsubishi Tanabe Pharma Corporation (Japan), and Daiichi Sankyo Company, Limited (Japan).

Browse Related Reports:

VETERINARY/ANIMAL VACCINES MARKET by PRODUCT (PORCINE, (COMPANION-CANINE), (LIVESTOCK-BOVINE), POULTRY, AQUACULTURE), DISEASES (RABIES, FMD, SWINE INFLUENZA, STRANGLES, FURUNCULOUS), TECHNOLOGY (DNA, RECOMBINANT, INACTIVATED, CONJUGATE) – FORECAST TO 2021

http://www.marketsandmarkets.com/Market-Reports/animal-veterinary-vaccines-market-1233.html

VACCINE ADJUVANTS MARKET BY PRODUCT TYPE (PARTICULATE, EMULSIONS, PATHOGEN, SAPONIN), ROUTE OF ADMINISTRATION (SUBCUTANEOUS, INTRAMUSCULAR), DISEASE TYPE (INFECTIOUS, CANCER), APPLICATION (RESEARCH, COMMERCIAL) & APPLICATION CATEGORY – FORECASTS TO 2021
http://www.marketsandmarkets.com/Market-Reports/vaccine-adjuvants-market-152603894.html

About MarketsandMarkets™:

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets™ Blog@ http://mnmblog.org/market-research/healthcare/biotechnology

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

 

SOURCE MarketsandMarkets

Nexen Tire Continues its Various Sports Marketing Initiatives in the European Market

Nexen Tire, a leading global tire manufacturer, announced that it will continue its sports marketing initiatives in the European market. The company will be strengthening its brand presence through the extended partnerships with Europe’s three most prestigious football leagues, which include football clubs such as Manchester City Football Club (Manchester City), Eintracht Frankfurt, and S.S.C Napoli.

Nexen Tire extended its multi-year partnership with Manchester City in March and became the first ever Official Sleeve Partner in the English Premier League (EPL). Nexen Tire logo will appear on the sleeve of the Manchester City playing shirt for three consecutive EPL seasons starting from 2017-18 season. Establishing strong marketing platforms through this partnership, Nexen Tire will execute various marketing initiatives including fan engagement activations and media advertisements to expand its global presence and to engage more with fans and customers.

Nexen Tire also continues its sports marketing initiatives for football clubs in Germany and Italy. As the official sponsor of Eintracht Frankfurt of the German football league Bundesliga, the company will resume its LED screen advertisements and various on-site activation programs at the home grounds of Eintracht Frankfurt. The perimeter LED advertisements will also restart in Italy, as Nexen Tire will continue to run the advertisements during the home matches of S.S.C. Napoli of the Italian football league, Serie A.

In addition to football clubs, Nexen Tire also continued its official sponsorship with BK Mlada Boleslav, the premier ice hockey team of the Czech Republic, where the company is building a new manufacturing plant due to commence in 2018. With the start of the team’s new season in September, Nexen Tire will be featured on the helmets and uniforms of the players, in addition to the stands, rink boards and the benches of the home arena.

“We look forward to achieving increased brand exposure with the start of the new sports seasons in Europe,” said Nexen Tire. “Nexen Tire’s diverse portfolio of sports marketing activities and partnership is our effort to further engage and communicate with customers, which we will continue to strengthen our presence in the European market.”

About Nexen Tire

Nexen Tire, established in 1942, is a global tire manufacturer headquartered in Yangsan, South Gyeongsang Province, and in Seoul, South Korea. Nexen Tire, one of the world’s fastest growing tire manufacturers, works with 491 dealers based in 141 countries around the world (as of July 2015) and owns three manufacturing plants — two in Korea (Yangsan and Changnyeong) and one in Qingdao, China. Another plant in Zatec, Czech Republic will be operational by 2018. Nexen Tire produces tires for passenger cars, SUVs, and light trucks with advanced technology and excellence in design. The company also focuses on producing UHP tires, which are based on advanced technologies. Nexen Tire supplies OE tires to global car makers in various countries around the world. In 2014, the company achieved a grand slam of the world’s top 4 design awards for the first time amongst the various tire makers in the world. For more information, please visit http://www.nexentire.com.

 

Photo – http://mma.prnewswire.com/media/544596/Press_Release__Nexen_Tire_PHOTO.jpg

SOURCE Nexen Tire

CONTACT: Edelman Korea: Alicia Kim, Phone: +82-2-2022-8253, Mobile: +82-10-9204-0915, Email: alicia.kim@edelman.com; Jiseok Jeon, Phone: +82-2-2022-8220, Mobile: +82-10-9800-1108, Email: jiseok.jeon@edelman.com; Seungok Choi, Phone: +82-2-2022-8246, Mobile: +82-10-4330-6647, Email: seungok.choi@edelman.com; Jane Kim, Phone: +82-2-2022-8212, Mobile: +82-10-4207-4278, Email: jane.kim@edelman.com

RELATED LINKS
http://www.nexentire.com

PocketLawyer.com Announces Fixed-price Legal Services for Businesses and Individuals

Today, PocketLawyer.com, India’s first online legal service marketplace, announced the availability of fixed-price legal services that are affordable and easily accessible for all small businesses, sole traders and entrepreneurs. Founded in late 2015, PocketLawyer.com is now India’s fastest expanding legal and professional service network and growing at the rate of 30% every month.

(Logo: http://mma.prnewswire.com/media/544626/Pocket_Lawyer_Logo.jpg )

“The cost of availing legal services is out-of-reach for most Indians and we are reshaping the future of law services by making affordable legal experts available just a call away through our platform. No hidden charges ensure complete transparency,” said Sanchit Malhotra, COO of PocketLawyer.com.

Unlike its competitors who offer do-it-yourself (DIY) online legal services or a referral to a random lawyer, PocketLawyer.com offers self-verified top experts who provide best services in the industry.

Common scenarios for which people use PocketLawyer.com services include:

  • Start a business – Company registration, Trademark registration, GST registration, FSSAI registration, etc.
  • Legal documents and notices – Website policies, Freelancer agreement, Vendors agreement, Cheque-bounce notice, Debt-recovery notice, Notice to builder, etc.
  • Advice session with top experts for their personal legal issues such as divorce, property, employment, recovery, etc.

Nishant Bhaskar, CEO, PocketLawyer.com says, “All legal experts providing legal services through PocketLawyer.com are committed to giving their client the right advice. They do not waste their client’s time, they know the law and can explain it clearly to their clients without being wishy-washy. This is what customers want.”

Sound legal advice is critical to any business and can make or break its success. At PocketLawyer.com, startups are given one-stop access to their own legal department, giving them the time to do what matters the most, that is, concentrate on growing their business.

PocketLawyer.com currently delivers services in 100+ cities in India with the focus on Tier1 and Tier 2 cities which include Delhi (NCR), Mumbai, Chennai, Bengaluru, Hyderabad, Kolkata, Ahmedabad, Puneand Chandigarh.

In addition, PocketLawyer.com offers a number of tools to help people become legally aware. It offers businesses and individuals the opportunity of accessing free legal advice through its Q&A forum and a popular, highly read blog i.e. PL Insights. The PocketLawyer.com Q&A forum allows people to ask legal questions for free and search more than 1000 pre-existing questions and answers.

Users can book a paid consultation for a detailed opinion on their legal issues or post their requirements and get free quotes from top legal experts within 24 hours.

PocketLawyer.com plans to introduce a dedicated publications section in the future. It will consist exclusively of peer-reviewed research papers. This will serve the network of professionals on the website.

They plan on reaching out to every nook and corner of the country in the near future to make quality legal service accessible for all.

About PocketLawyer.com

PocketLawyer.com is an interactive platform which makes it easier and faster for businesses and individuals to find, consult and hire legal professionals. Our network consists of over 1300 legal professionals across 100 cities in India. This sound base of experienced legal professionals (with their interests, expertise, experience and client details) is unmatched and unparalleled in India. Our popular services include company registration, GST registration, trademark registration, tax filing & return, legal documentation, etc. We also help individuals to get consultations from verified and qualified lawyers for a wide range of services related to family, property, divorce, employment, etc.

To learn more about PocketLawyer.com, visit https://www.pocketlawyer.com.

Facebookhttps://www.facebook.com/PocketLawyerIN/

Twitterhttps://twitter.com/pocketlawyerin

Linkedinhttps://www.linkedin.com/company/pocketlawyer

Google+https://plus.google.com/+Pocketlawyer

 

Media Contact:
Nishant Bhaskar
Co-founder & CEO
PocketLawyer.com
nishant@pocketlawyer.com
+91-8800559859

 

SOURCE PocketLawyer.com

GAC Motor’s Sales and Dealership Satisfaction Tops J.D. Power China’s Index

China’s fastest growing automaker, GAC Motor, has been ranked seventh on the newly released 2017 J.D. Power China Sales Satisfaction Index (SSI) in the mass market category, the highest place received by a Chinese auto brand.

On the SSI, which offers a complete perspective on automotive sales and delivery processes, J.D. Power China has recognized GAC Motor’s integrated sales network and comprehensive after-sales services. As June of 2017, GAC Motor has more than 470 dealers worldwide and that number is expected to reach 520 by the end of 2017. With the establishment of cluster network stores, the company now has nearly800 locations that can provide sales and after-sales service to customers.

GAC Motor also received a score of 934 in J.D. Power’s Dealership Satisfaction Index (DSI), the highest in the industry.

Yu Jun, president of GAC Motor, noted that China is now the most important automotive market globally, and these successes are the result of the company’s customer-oriented strategy.

“This strategy has guaranteed that our sales and service teams provide the best quality experience for our customers worldwide. By building all-around teams, cultivating young talent and creating an information feedback system, we can make GAC Motor a world-class auto brand.”

GAC Motor’s customer-first principle has also led to success in the international market. By visiting and surveying international markets to adjust strategies, resources allocation, technology utilization and dealership policies accordingly, GAC Motor has been able to continuously improve the localization of its vehicles, sales and services.

In 2017, GAC Motor opened a flagship store and SKD factory in Nigeria to provide services tailored to the Nigerian market. Soon after, Dangote Group, the largest manufacturing conglomerate in West Africa, established a partnership with GAC Motor to buy vehicles for corporate use.

GAC Motor has also deployed a standardized management strategy across its global dealership network, after-sales services, market support teams and customer service representatives to satisfy the needs of all customers.

“In the future, GAC Motor plans to add more service centers and dealers to the global network, realizing a rational distribution of its industrial chain that sticks to its customer-oriented strategy,” said Yu. “We will build an international brand and promote experiential marketing while choosing international dealers based on our after-sales services system and capabilities.”

With the goal of launching more models to meet market demand, GAC Motor will offer ever-more options to consumers, including its robust SUV GS7 and subcompact SUV GS3, which will be released in August.

About GAC Motor

A subsidiary of GAC Group, GAC Motor develops and manufactures premium quality vehicles, engines, components and auto accessories, achieving a year-to-year growth rate of 96 percent in 2016, the highest among all Chinese brands in the corresponding period. GAC Motor now ranks the highest among all Chinese brands for four consecutive years and fifth among all global brands in J.D. Power Asia Pacific’s 2016 China Initial Quality Study.

For more information, please visit:

Facebook: https://www.facebook.com/GACMoto
Instagram: https://www.instagram.com/gac_motor
Twitter: https://twitter.com/gac_motor

Media Contact:

Sukie Wong
+86-186-8058-2829
sukie_gacmotor@126.com

Taki Jiang
+86-134-5028-4242
takijiang@126.com

Photo – https://photos.prnasia.com/prnh/20170814/1919421-1

SOURCE GAC Motor

Asian Paper and Tissue World successfully organized their first seminar in Bangkok, Thailand on 8 August 2017

In conjunction with the merger of Asian Paper and Tissue World Bangkok trade shows, and with the support of The Thai Pulp and Paper Industries Association (TPPIA), Asian Paper and Tissue World successfully organized their first seminar for the Thailand pulp, paper and tissue industries which took place at the Emerald Hotel in Bangkok on 8 August 2017.

 

Over 60 participants from the local and regional pulp and paper industry attended the event. Participating companies included Banglane Paper Mill, Bashundhara Paper Mills, Berli Jucker Cellox, Bjc Cellox, C.A.S. Paper Mill, Double A, Environment Pulp & Paper, Fiber Pattana, Inter Pacific Paper, Kimberly Clark, Panjapol Paper, Paper Thai., Phoenix Pulp & Paper, Riverpro Pulp & Paper Company, SCG Packaging, Siam Kraft Industry, Tenma Paper Mills, Thai Cane Paper, Thai Paper Mill and United Paper Public Co.

The seminar kick-started with a welcome speech by the President of the Thai Pulp & Paper Industries Association, Mr. Wichan Jitpukdee. Following the welcome speech, Agnes Gehot, deputy event director for Asian Paper and Tissue World – UBM Exhibition Singapore announced the 2018 trade show, set to take place at BITEC, Bangkok from 6-8 June.

Presenters at the seminar included industry experts from PIRA, Euromonitor, Andritz, and Kemira. Over the half-day seminar, the current state and future trends of the ASEAN paper and tissue industries were presented, meanwhile the  technical presentations covered some of the latest paper making technologies on reject treatment systems and starch re-use in recycled fiber.

For more details on Asian Paper & Tissue World Bangkok 2018, visit www.asianpapershow.com/www.tissueworld.com/bangkok.

Asian Paper – Established since 1992
Asian Paper is the largest ASEAN event serving the global pulp, paper, packaging and related industries. Asian Paper has proven to be the most trusted platform for industrial leaders and professionals to network, exchange ideas, and create business deals. It gathers key industry players to meet face to face and discuss the latest innovation, industrial trends and offerings of cutting- edge products and services through its exhibition and conference.

The Asian Paper exhibition focuses on the vertical segment of the Paper industry, covering the entire value chain, from pulp, chemical, adhesive, machineries, parts, converters to paper and packaging products and services across the three-day event.

Tissue World – Established since 1993
Tissue World is the leading global event serving the tissue industry worldwide since 1993. With trade shows in IstanbulMilanMiami, São Paulo and Bangkok, it offers an integrated platform consisting of exhibitors, conferences and a magazine providing an unmatched offline and online place to do business, exchange ideas and learn, all year around.

Tissue World Milan, part of the Tissue World event portfolio is the world’s largest dedicated tissue industry trade show. Bangkok is the latest piece of the map Tissue World has drawn, based on industry feedback with the aim of tapping into all key strategic tissue markets worldwide.

Tissue World will set the stage for yet another impactful regional event that will combine the strength of the peculiar local industry with a network of international players, together with the existing regional Asian Paper event. Bangkok will stand out as unique, as all other Tissue World events are, focusing on a different set of regional supply and demand markets and addressing specific industry needs.

For more details, visit www.tissueworld.com/bangkok or www.asianpapershow.com.

Logo – https://photos.prnasia.com/prnh/20170814/1919440-1LOGO
Logo – http://photos.prnasia.com/prnh/20170222/8521701055LOGO

 

SOURCE Tissue World – UBM

CONTACT: Agnes Gehot, +65 6592 0888 ext 886, Email: agnes.gehot@ubm.com

RELATED LINKS
http://www.tissueworld.com

OmniVision and Netradyne Develop a New Intelligent Camera System for Commercial Fleet and Consumer Automotive Applications

OmniVision Technologies, Inc., a leading developer of advanced digital imaging solutions, today announced its technical collaboration with Netradyne, a commercial-vehicle technology solutions provider specializing in deep learning and artificial intelligence (AI), to develop Driveri™, a new aftermarket intelligent driving monitoring system for commercial fleet vehicles and consumer automotive applications. Integrating OmniVision’s OV2775 image sensor and OV491 companion chip with Netradyne’s analytics software and cloud connectivity engine, the Driveri™ system allows for the capture and reproduction of clear, accurate scenes with real-time analysis and feedback. This revolutionary vision-based camera system with quad high definition (HD) 360-degree field of view and high dynamic range (HDR) is designed to meet the demands of growing commercial and consumer automotive markets.

“OmniVision’s OV2775 image sensor and OV491 chip deliver best-in-class HDR and low-light performance to complement Netradyne’s deep learning and AI algorithm technology,” said Cliff Cheng, senior director of marketing at OmniVision. “Together we have seamlessly integrated our technologies to enable top-quality scene reproduction and accurate real-time analysis, which we see quickly becoming key requirements for today’s in-vehicle mobile camera systems.”

In its 2016 market report, Credence Research anticipates the global in-vehicle camera market to expand at a compound annual growth rate of 17.4% between 2015 and 2022. They expect more operators of fleet vehicles, such as taxis, buses and commercial trucks, as well as law-enforcement agencies and driving instructors, to install in-vehicle cameras to capture real-time driving incidents. Consumer use is also expected to increase, as intelligent cameras can be used for detecting driver drowsiness, tracking stolen vehicles and monitoring young drivers.

Netradyne selected OmniVision for its Driveri™ driver-support platform because of OmniVision’s proven market leadership in automotive camera technologies. The front-facing camera features OmniVision’s OV2775 image sensor and its OV491 companion chip, allowing the camera to achieve exceptional mixed-lighting performance. The one inward- and two side-facing cameras are also built on OmniVision’s image sensors. The video output from these three sensors can be stitched together to create a 360-degree scene.

The OmniVision OV2775 is a 2-megapixel image sensor that can capture full 1080p HD video with up to 120dB HDR. The OV491 companion chip processes the HDR scheme from the OV2775, significantly increasing the level of detail that the camera can capture.

“With an estimated 1.25 million deaths globally every year, road accidents result in significant personal, social and economic costs. We believe that computer vision with high definition camera sensors can transform driver coaching and recognition,” said Avneesh Agrawal, Netradyne founder and CEO.

“Netradyne’s Driveri™ product combines OmniVision’s OV2775 state-of-the-art HDR, high definition image sensor with cutting-edge AI technology to create an advanced new tool for drivers facing a wide spectrum of driving environments. We’re extremely delighted to collaborate with OmniVision in this journey. The OV2775 provides a high level of clarity and vastly improves our deep learning algorithms in all conditions, including HDR and extreme low light,” he added.

Driveri™ is commercially available now and is being actively deployed within several industry-leading commercial fleets.

About OmniVision
OmniVision Technologies, Inc. is a leading developer of advanced digital imaging solutions. Its award-winning CMOS imaging technology enables superior image quality in many of today’s consumer and commercial applications, including mobile phones, notebooks, tablets and webcams, digital still and video cameras, security and surveillance, entertainment devices, automotive and medical imaging systems. Find out more at www.ovt.com.

About Netradyne
Founded in 2015, Netradyne has technology innovation centers in both San Diego and Bangalore, India, where teams are hyper-focused on delivering a world-class driver recognition platform for commercial vehicles. Grounded in the vision of applying artificial intelligence for improving fleet safety, Netradyne delivers a holistic view of the driving environment to fleet owners while serving as the driver’s advocate. For more information about Driveri™ or to inquire about commercial vehicle driver assistance tools, please visit www.Netradyne.com.

OmniVision® and the OmniVision logo are registered trademarks of OmniVision Technologies, Inc. All other trademarks are the property of their respective owners.

Logo: http://mma.prnewswire.com/media/12615/omnivision_technologies_inc_logo3501_21100jpg.jpg

SOURCE OmniVision Technologies, Inc.

CONTACT: For Netradyne: John Thomas, The Practice, +91 8443961648, john@the-practice.net; or for OmniVision: Cameron Crowe, Kiterocket, +001 415.735.8420, ccrowe@kiterocket.com; or Company Contact: Scott Foster, OmniVision Technologies, Inc., +001 408.567.3077, sfoster@ovt.com

RELATED LINKS
http://www.ovt.com

DMS Governance Further Strengthens Its Asia-Pacific Presence With The Opening Of A Singapore Office

Following the opening of the DMS Hong Kong office six years ago, our client base has now grown to include not only Hong Kong but also the wider Asia-Pacific region. As a result of this expansion, DMS has decided to open a Singapore office to better serve its clients.  This new location means the value of our offering has been further strengthened, as we now offer professional, independent directors in the Asia time zone (SGT) and with fluency in Mandarin and Cantonese language skills that are key to the region.

DMS is pleased to be serving not only hedge fund clients but also those involved in private equity and venture capital. DMS’ clients include some of the largest asset managers in Asia as well as start-up and emerging funds.  This new office location will further strengthen DMS’ ability to service clients in other service offerings including banking + custody, AIFMD/UCITS and International Tax Compliance (FATCA/CRS) which have seen continued growth.

Niaz Khan, Managing Director, Asia-Pacific comments “Opening DMS Singapore is another exciting milestone of our commitment to the asset-management industry in Asia.  We continue to see an increased demand for our professional directorship services along with our other Risk & Compliance services in the region.  We are very pleased to open our Singapore office to continue to serve the Asian asset management industry.”

Anne Storie, Chief Executive Officer of DMS, noted: “The recent and continued expansion of our Asian client base is further evidence of our team’s tireless work to develop a strong network of clients across various fund structures. The addition of a Singapore office means that DMS is now even better placed geographically to continue to achieve best results for its clients in this region.”

In addition to the new team in Singapore, we are pleased to have Connie Wong relocating from our Hong Kong office, who brings with her senior level experience in fund governance. Connie has gained extensive senior level experience in the hedge funds and private equities for offshore and on shore vehicles across multiple jurisdictions.  Prior to joining DMS, Connie was a Manager at PricewaterhouseCoopers.

Contact DMS Singapore:  Level 30, Singapore Land Tower, 50 Raffles Place, Singapore 048623

About DMS
DMS Governance is the worldwide leader in fund governance, risk and compliance representing leading investment funds and managers with assets under management exceeding $350Bn. DMS is a global institutional firm that excels in delivering high-quality services across a diverse range of investment fund structures and strategies.

Media Contact
Alison Sims
Marketing Manager
DMS Governance
(p) +1.345.749.2514
(c) +1.345.325.1776
E:asims@dmsgovernance.com

SOURCE DMS Governance

RELATED LINKS
http://dmsgovernance.com

TUV Rheinland paves the way for “mirrorless cars”

TUV Rheinland has helped one of its customers win component approval for an onboard camera-monitor system (Class I*) under the amended UN UN-R46 04 regulations that took effect on June 18, 2016. The changes, which allow a camera-monitor system to provide a rear field of view to driver, in place of the conventional door mounted and interior rear-view mirrors, make it possible for auto makers to produce safe and sleek-looking mirrorless cars.

Nearly a year ago (July 2016), TUV Rheinland Japan Ltd. became the first third-party organization in the country to offer testing and certification services for onboard camera-monitor systems based on the revised UN regulations. Manufacturers are required to acquire certification before they can market their onboard camera-monitor systems on the international market.

The certification process requires manufacturers to demonstrate that their products meet the relevant standards in the country where they are to be marketed. TUV Rheinland helps them to acquire certification from the approval authorities in the countries or regions the customer chooses.

TUV Rheinland also offers a confirmation testing during the design and product development and design stages, helping to guide customers during each phase before the product faces approval testing. This allows manufacturers to identify any gaps between the UN-R46 requirements and the product’s actual functions, making it possible to avoid extensive design rework and reduce the overall cost of bringing a product to market.

From type approval to certification

TUV Rheinland holds accreditation from a variety of authorities, such as KBA in Germany, SNCH in Luxembourg, RDW in the Netherlands, and NSAI in Ireland. This allows the organization to support customers applying for vehicle and component approval, by providing all the tests and technical evaluations required by the UN-R46 regulations.

The range of services includes:

  • Development testing
  • UN-R46-based testing
  • Technical support regarding conformity to applicable laws
  • Component approval
  • Vehicle approval

About TUV Rheinland

TUV Rheinland is a global leader in independent inspection services, founded 145 years ago. The group employs 19,700 people around the globe. Annual revenue is more than EUR1.9 billion. The independent experts stand for quality and safety for people, technology and the environment in nearly all industrial sectors and areas of life. TUV Rheinland inspects technical equipment, products and services, and oversees projects, processes and information security for companies. Its experts train people in a wide range of careers and industries. To this end, the company operates a global network of approved labs and testing and education centers. Since 2006, TUV Rheinland has been a member of the United Nations Global Compact to promote sustainability and combat corruption. Website: www.tuv.com

 

SOURCE TUV Rheinland

CONTACT: TUV Rheinland Singapore Pte Ltd., Director of Marketing, India, Middle East, Africa and Asia Pacific,Yee Wei Mui, +65-6562-8750*3355, weimui.yee@tuv.com, PR and Content Manager, Ryan Tng, +65-6562-8750*3374, ryan.tng@tuv.com

RELATED LINKS
http://www.tuv.com

Spreadtrum Launches Complete Lines of High-Performance LTE SoC Platforms for the Global Mainstream Consumer Market

On August 15 Beijing time, Spreadtrum successfully held its 2017 Global Partners Conference, “Infinite Chip, Infinite Intelligence”, in Shenzhen. Intel, China Mobile, China Unicom, China Telecom, Reliance, Vodafone, Orange, Telefonica, TRUE, Smartfren, Mircomax, Google, Huawei, ZTE, OPPO, VIVO, Gionee, Alcatel, Dialog and more than 1000 Spreadtrum global partners participated in this grand occasion. Spreadtrum shared their 2017 marketing strategy and provided details on their latest products to the global audience in attendance. Additionally, Spreadtrum presented its innovative solutions on mobile communication and IoT (automotive terminal, broadband communication and financial security). During the conference, Spreadtrum unveiled two complete series of high-performance but differentiated types of LTE SoC platforms: Spreadtrum SC9853I, which is based on Intel’s advanced 14nm foundry platform, Octa-core 64-bit Intel Airmont architecture and the highly integrated 5-mode solution; and Spreadtrum SC9850 series with low-power consumption. Mass production for both series of chips has already begun.

Built on Intel’s 14nm foundry platform, Spreadtrum SC9853I is targeting the global mid and high-level smartphone market. It features 1.8GHz Octa-core 64-bit Intel Airmont architecture based processor, which enables SC9853I to offer a high-performance mobile computing ability coupled with ultra-low power. The SC9853I supports LTE Cat-7 downlink and Cat-13 uplink for 5-mode communication standard (TD-LTE/FDD-LTE/TD-SCDMA/WCDMA/GSM), which can reach downlink speeds of 300Mbps and uplink speeds of up to 150Mpbs to achieve a true 4G+ on-line surfing experience. It also supports 1080P HD video playback, 18:9 FHD+ (1080*2160) screen display, and 16 megapixels resolution dual-cameras.

“Our first joint product was launched at Mobile World Congress earlier this year and we are pleased to continue our partnership with the release of Spreadtrum’s SC9853I SoC. The Intel Custom Foundry 14nm platform delivers industry leading PPA and offers turnkey foundry services and support. It is ideal for mainstream mobile designs that need high performance and low leakage,” said Dr. Zane Ball, Intel’s Vice President, Technology and Manufacturing Group, General Manager, Intel Custom Foundry. “Spreadtrum fully utilized all the advantages of Intel Custom Foundry’s 14nm platform and as a result, the SC9853l offers excellent performance and efficient power management which enhance the smartphone experience for global users.”

Spreadtrum SC9850 series is designed for overall mid and entry-level markets globally. It is equipped with a built-in Quad-core ARM Cortex-A7 application processor, as well as ARM Mali 820 integrated 3D graphics accelerator. The SC9850 series supports five-mode communication standard (TD-LTE/FDD-LTE/TD-SCDMA/ WCDMA/GSM). It is also equipped with two-way carrier aggregation : Cat-7 Downlink (up to 300 Mbps) and Cat-13 Uplink (up to 150 Mpbs), 1080P HD video playback, 18:9 HD+ (720*1440) screen display and dual cameras up to 13 megapixels.

Meanwhile, both SC9853I and SC9850 series emphasize enhancing dual-camera processing capability. Both include a built-in 3DNR to boost night shooting, and features like refocusing, real-time face beauty, 3D modeling and AR. With Spreadtrum’s exclusive EverMuLTETM technology, these products are able to offer dual-SIM, dual-4G, dual-VoLTE functionalities to enhance call experience. Both series support urban NFC payment application, and are integrated with sensor control centers to provide a total solution that can enhance users’ experience.

Dr. Leo Li, Chairman and CEO of Spreadtrum, commented, “Spreadtrum’s LTE SoC platforms include the SC9853l, which is built on Intel Custom Foundry’s 14nm platform, using their highly-efficient computing capabilities and advanced technologies, and we are confident this will help our customers design more competitive smart terminal products. These platforms can offer better performance to meet the growing demand in the global LTE market. Additionally, these differentiated types of LTE chip solutions enable our customers to address multiple market segments when they develop their end products.”

For more information, visit www.spreadtrum.com.

Photo – http://mma.prnewswire.com/media/544982/Spreadtrum_Communications.jpg

 

SOURCE Spreadtrum Communications (Shanghai) Co., Ltd

CONTACT: Kathy Zhou, Email: news@spreadtrum.com, Tel: +86-21-2036-0600 x1120

Infortrend Boost Performance Levels with the 12Gb/s SAS Drive Interface on Their Entry Level RAID Storage Systems for SMBs

Infortrend® Technology, Inc. (TWSE: 2495) has launched their new general purpose storage solutions EonStor DS 1000 Gen2 and EonStor DS 2000 Gen2 series, complete with support for the standard 12 Gb/s SAS interface on drive sides to speed up data transfers and meet new storage standard for SMBs and entry level storage customers.

By replacing the previous generation 6 Gb/s SAS, the 12 Gb/s SAS interface has become the new standard as it offers better performance and bandwidth. The newly released EonStor DS 1000 Gen2 and EonStor DS 2000 Gen2 series deliver powerful performances that support up to 4,000 exchange email boxes or 500 IP cameras; while scalability can expand up to 444 drives with a raw capacity of up to 4.3PB, which is ideal for backup applications.

Furthermore, EonStor DS 1000 Gen2 and EonStor DS 2000 Gen2 storage systems provide enterprise data services such as SSD Cache and automated storage tiering, and SMB-friendly price points all while featuring the new 12 Gb/s SAS technology not only for the drive side, but host side and expansion enclosures as well.

“We are pleased to launch the new EonStor DS Gen2 series with support for the 12 Gb/s SAS drive interface. In this rapidly changing business environment, it is vital for us to provide products that feature the latest technology to make sure entry level storage users and SMBs can enjoy them too,” said Thomas Kao, Senior Director of Product Planning at Infortrend.

For more information about the new EonStor DS 1000 Gen2, click here. For the EonStor DS 2000 Gen 2 series, click here.

About Infortrend

Infortrend (TWSE: 2495) has been developing and manufacturing storage solutions since 1993. With a strong emphasis on in-house design, testing, and manufacturing, Infortrend storage delivers performance and scalability with the latest standards, user friendly data services, personal after-sales support, and unrivaled value. For more Information, please visit www.infortrend.com

Infortrend® and EonStor® are trademarks or registered trademarks of Infortrend Technology, Inc., other trademarks property of their respective owners.

Media Contact:

Infortrend Europe Ltd.
Agnieszka Wesolowska
Tel:+44-1256-305-220
E-mail:marketing.eu@infortrend.com

SOURCE Infortrend Technology, Inc.

RELATED LINKS
http://www.infortrend.com

RJ Capital and Tempus Group Set Up New Fund to Catch the Consumption Upgrade Trend in China

RJ Capital Group, in partnership with Tempus Holdings of Tempus Group, founded TBRJ Asset Management in July 2017. It will launch a new USD $300 millionfund focused on the consumption upgrade trend in China. Tempus Group will provide full support in terms of capital and industry resources.

The first fund targets the consumption upgrade in China, focusing on sectors such as travel, leisure and cross-border consumer trading and logistics. It is seeking investment targets that may have potential synergies with Tempus Group, especially international companies that have a solid operation base, powerful brand and strong management team.

Tempus Group, which generates more than RMB 80 billion annual sales, ranked 206th of the Top 500 Corporations in China in 2016, is in the Top 40 private enterprise in China, and is a Top 10 company in Shenzhen. It has built a solid foundation in travel services, cross-border commerce and trade logistics, among other sectors. Globalization has become a core strategy for Tempus Group as the group continues expanding in overseas markets on the back of the transformation of Chinese consumption. As its international listed flagship, Tempus Holdings can play a significant role in coordinating resources for the investment fund and supporting investment decision with rich industry knowledge.

RJ Capital Group is an industry-focused investment management and advisory firm founded in 2016 by three senior partners who have decades of working experience with prestigious global investment banks and private equity funds. The core members have led and participated in many landmark cross-border M&A cases. They have on average nearly twenty years of experience working in international capital markets, with a profound understanding of the differences between Chinese and Western enterprises with respect to corporate culture, operation models and management philosophy.

TH Capital, one of the best TMT investment banks in China, is an investor of RJ Capital. Liangjing SONG, Founding Partner and CEO of TH Capital, indicated that the investment in RJ Capital is an important strategic move with careful considerations. “The future economy of China will be a combination of the new economy and the core industries, in which business and capital will be closely linked with M&A being a key driving force. RJ Capital has a deep understanding of the enterprises and entrepreneurs of core industries, while TH Capital has unrivalled track record and research capacity in the new economy. By investing in the highly experienced team of RJ, TH Capital will be able to accelerate its progression into merger and acquisition. Both companies are committed to research-driven and value-creating business principles and believe that we will make great partnership and generate significant business synergies by practicing the same business language, research methodology, and capital perspectives in unifying the new economy and core industries.”

Tempus Group and RJ Capital have intimately collaborated in overseas M&A projects since 2016. The teams have developed a trusted partnership leveraging the highly complementary strengths of both sides. The establishment of the fund management company is to form a stronger alliance in combining industry resources and capital to further explore global investment opportunities.

“The establishment of the M&A fund is an important strategic decision for both Tempus and RJ, after in-depth cooperation and with high mutual respect, which will open a new chapter of overseas M&A and capital management for Tempus Group. Tempus Group is committed to building a global value chain with critical resources, leading market position and competitive advantages in trade and logistics, and travel. RJ Capital has a wealth of experience in global M&A, a well-developed research system, and a remarkable team of highly skilled and dedicated people. In a historic era of capital-driven economy, this strategic cooperation will contribute to value creation for shareholders, consumers, and the whole industry.” says Mr. Jacky HUANG, Director of Tempus Group and Vice Chairman of Tempus Holdings.

“Our core strategy includes matching capital with real business, connecting China with global resources, and structuring multiple levels of funding,” said Ms. Yao LIU, Founding Partner and Chairman of RJ Capital Group. “by partnering with leading and aspiring Chinese enterprises such as Tempus Group and through smart, rational and highly efficient international acquisition and business integration, we can support the strategic transformation and industry consolidation of our corporate partners while also achieving excellent returns for our investors. These goals and philosophies are the ultimate aspiration and vision of RJ Capital.”

About RJ Capital Group

RJ Capital Group is an industry-focused investment management and advisory firm founded in 2016 by three senior partners who have decades of working experience with prestigious global investment banks and private equity funds. The core members have led and participated in many landmark cross-border M&A cases.

SOURCE RJ Capital Group

CONTACT: For more details, please contact us at li.jiang@rj-cap.com or corpcomm.hk@pordahavas.com, or as below: Porda Havas International Finance Communications Group, Keely Chan, +852 3150 6760, keely.chan@pordahavas.com; Nicole Cao, +852 3150 6723, nicole.cao@pordahavas.com

K1 invests over $100 million to create market leading pure-play legal software platform

The combined business will better serve more than 1,000 legal and corporate customers with solutions across the full document lifecycle.  Its software products improve the efficiency of document creation, collaboration, and review while mitigating the risks of mistakes and reducing the time lawyers spend on these critical tasks.

Raina Massand, Co-Founder and Chief Commercial Officer of Litera, states, “The combination will continue to improve workflows for lawyers and corporate counsels worldwide by creating the most comprehensive and robust integrated suite for documents.”

Paul Domnick, President of Litera, says, “We are excited to build upon each company’s unique strengths to continue to revolutionize the legal software market. We will continue to strengthen our use case for existing customers, expand geographically and move forward into additional verticals as well.”

The new company will remain focused on delivering current customer commitments and new product features while devoting resources to the next generation of solutions.

“Our products have an immediate and measurable ROI for our clients. More importantly they assist our customers with drafting high quality products for their clients,” says Avaneesh Marwaha, a former lawyer and the current President of Microsystems. “Our goal is to improve lawyers’ ability to focus on their clients, not their documents.”

“We have been using solutions from Litera, Microsystems, XRef and The Sackett Group for years. They have all invested the time and energy required to understand our firm, our working practices and our challenges,” comments Dan Surowiec, Global CIO of Baker McKenzie.  “By bringing these brands together we are excited about the opportunities for even greater innovation alongside the efficiencies of working with one vendor to address our document lifecycle needs.”  Baker McKenzie has deployed these solutions to assist in creating, comparing, proofreading, repairing, cleaning and collaborating safely on documents to better serve its clients.

The strong growth experienced by all four companies is an ideal foundation for future expansion.  The company will maintain operations in the US and across the world.

All customers and product lines will continue to be supported in order to provide continuity to current clients and also to provide increased opportunities and benefits over time.  These customers include some of the largest legal, life sciences, financial services, and professional services organizations around the world.

The new platform is majority backed by K1, an investment firm focused on enterprise software companies globally. K1 has invested over $100 million of equity behind the combination, with additional capital available for further acquisitions.

“K1 is excited to partner with management in this strategic combination,” says K1 Partner, Ron Cano. “With continued investment and support we will create a one of a kind platform for our customers.”

ABOUT K1 INVESTMENT MANAGEMENT

K1 is an investment firm focusing on high-growth enterprise software companies globally. K1 seeks to help dynamic businesses achieve successful outcomes by identifying and executing organic and acquisition-based growth opportunities that position its companies as industry leaders. K1 typically invests alongside strong management teams that continue to guide their organizations on a day-to-day basis. K1’s investments vary in the level of ownership in order to meet the needs of entrepreneurs and managers. For more information about K1, please visit www.k1capital.com

ABOUT LITERA

Litera delivers integrated solutions for document lifecycle management through a comprehensive suite of patented creation, collaboration, and control technologies. With platform agnostic and cloud savvy solutions, Litera empowers you to generate, review and distribute quality content quickly and securely, from any device anywhere. Litera has won multiple innovative technology awards, maintains a 99.9% client retention rate, and has grown consistently since the company was first founded in 2001. Organizations worldwide choose Litera for its dedication to client service and for its proven ability to develop the highest quality document lifecycle solutions. From start to finish, Litera supplies efficient, effective and secure solutions for complete content confidence. No matter what document challenges a client may face, Litera is there to deliver cost-effective solutions every single time.

ABOUT THE SACKETT GROUP, INC.

The Sackett Group, Inc. formerly known as Legal MacPac, was founded by Linda Sackett in 1990. The company’s flagship products are MacPac and Forte, both available in Legal and Business editions. MacPac is a document template and macro product, offering outstanding efficiency and control in the creation and revision of legal documents. Forte is a cutting-edge document automation and assembly program that works within Microsoft Word, bringing power and sophistication to all levels of document automation. Over 500 TSG installations worldwide attest to TSG’s client satisfaction. More than 25% of Am Law 100 and 200 firms are TSG clients. For more information, visit www.thesackettgroup.com

ABOUT MICROSYSTEMS

Microsystems is the leading provider of software for drafting, proofreading, comparing, repairing and cleaning documents in the legal and life sciences industries worldwide. Five core products optimize all stages of the document production lifecycle, improving content quality and formatting, identifying errors and inconsistencies, mitigating risk, and enhancing document production efficiency. Today, Microsystems supports more than 650 document-intensive organizations across the globe, helping them satisfy the complex demands of clients and regulators. For more information, visit www.microsystems.com

Contact:
Mitch Steichen
mitchs@microsystems.com 
+1 630.310.5911

SOURCE Litera Corporation

RELATED LINKS
http://www.k1capital.com

Hong Kong to Transform into a Multi-Sensory Animated Experience at Night

Summer nights in Hong Kong will mesmerize visitors with a spectacular multi-media display of dazzling lighting, 3D visuals, cutting-edge technology, and special music and audio effects in the return of the internationally-acclaimed Hong Kong Pulse Light Show. Organized by the Hong Kong Tourism Board (HKTB), the newly designed show runs now through September 2 in the Open Piazza at the Hong Kong Cultural Centre in Tsim Sha Tsui.

Visitors will be immersed in a fantasy world of animated characters including a dragon, along with his best friend, the rooster, as they embark on an exhilarating ride through the heart of Hong Kong, where they experience the city’s vibrancy and unique culture.  The duo encounters a myriad of colorful animated characters, including pineapple buns, egg waffles and dim sum, and through the magic of 3D projection they jump off screen into the shape of LED light sculptures and giant floating inflatables. Visitors can also activate an alarm clock through pressure sensing mats to awaken the dragon projected on the harbor front’s famous Clock Tower.

The Hong Kong Pulse Light Show will operate five times daily beginning at 8:20 p.m.8:40 p.m.9:00 p.m.9:20 p.m., and 9:40 p.m., with each session running for eight minutes.

“Behind a team of creative professionals and with the use of today’s latest technology, the Hong Kong Pulse Light Show will enrich the guests’ experience in showcasing our city’s great diversity as well as inject additional energy to what is already a fantastic nightlife atmosphere,” said Bill Flora, Director USA at the Hong Kong Tourism Board.

About Hong Kong: Hong Kong’s storied history, award-winning food and libations, vibrant arts and culture scene, and stunning great outdoors has made it widely-known as one of the most exhilarating destinations in the world. Its memorizing contrasts of east and west, modern and ancient, and urban and natural leaves its visitors endless choices when planning a trip to Asia’s World City. Visit www.discoverhongkong.com for more information; follow Hong Kong Tourism Board on Twitter at @HongKongTourism for the latest Hong Kong news and trends.

Download Photos

SOURCE Hong Kong Tourism Board

CONTACT: Paul M. Garcia/Jackie Alvarez, Hong Kong Tourism Board, (323) 938-7265 / (323) 938-7274, Paul.Garcia@HKTB.com / Jackie.Alvarez.@HKTB.com

Mindtree Recognized as Leader in Application Development and Maintenance Services by ISG

Company also featured as a ‘Rising Star’ for application development

Mindtree, a global technology services and digital transformation company, has been recognized as a leading service provider in Application Development & Maintenance (ADM) services by Information Services Group (ISG), a leading global technology research and advisory firm.

(Logo: http://photos.prnewswire.com/prnh/20140416/681203 )

According to the new ISG Provider Lens™ ADM Quadrant Report, Mindtree was named a ‘Leader’ in application testing services, and a ‘Rising Star’ for application development services. ISG evaluated Mindtree and 33 other providers serving the U.S. market against a number of key criteria, including strategy and vision, innovation, brand awareness and geographic presence, sales and partner landscape, breadth and depth of service portfolio and technology advancements.

Discussing Mindtree’s roadmap for testing services, the report states, “Mindtree is focusing on next-gen testing contracts that emphasize creating a seamless testing environment and on customer centricity across a connected network of mobile and smart devices, business applications and other media.”

The report highlights Mindtree’s agile-based approach to testing, its co-innovation with clients and flexibility in its testing assignments. The Quadrant Report for Application Testing can be found here.

Positioning Mindtree as a ‘Rising Star’ in the Product Challenger Quadrant for Application Development, the report says, “Mindtree’s strength lies in its next-gen application capabilities, selective industry focus, onshore innovation and a partnership-based approach to client engagements.”

The report underscores Mindtree’s Digital, agile and cloud migration capabilities. It goes on to say that Mindtree takes a holistic approach to cloud transformation – from advisory to build, and from migration to management. The Quadrant Report for Application Development can be found here.

“Expectations in this space are evolving rapidly due to changes in technology and customer needs,” said Manas Chakraborty, Global Head, Test Engineering and Integrated Services, Mindtree Ltd. “Mindtree identified this trend early and invested in new capabilities to prepare for it. This acknowledgement validates that the strides we made are in the right direction.”

“Mindtree has demonstrated both its competitive strengths, including geographic coverage, experience and execution capability, as well as the value of its portfolio in terms of technology competency, partnerships, breadth of services, and innovation in the ADM services space,” said Esteban Herrera, partner and global leader, ISG Research. “These and other factors make Mindtree a compelling choice as an application testing and development partner.”

The ISG Provider Lens™ Quadrant report series provides valuable insights on service provider capabilities based on ISG’s unique methodology, which blends empirical, data-driven research and market analysis with the real-world working experiences and observations of ISG’s global advisory team.

About ISG

ISG (Information Services Group) (NASDAQ: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including 75 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; technology strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 professionals operating in more than 20 countries-a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit http://www.isg-one.com.

About Mindtree

Mindtree (NSE: MINDTREE) delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition. ‘Born Digital’, Mindtree takes an agile, collaborative approach to creating customized solutions across the Digital value chain. At the same time, our deep expertise in infrastructure and applications management helps optimize your IT into a strategic asset. Whether you need to differentiate your company, reinvent business functions or accelerate revenue growth, we can get you there. Visit http://www.mindtree.com to learn more.

All product and company names herein may be trademarks of their registered owners.

For more information, contact:
India
Ankita Dubey
Mindtree
+91-789919001
ankita.dubey@mindtree.com

United States
Erik Arvidson
Matter Communications
+1-978-518-4542
earvidson@matternow.com

Europe
Imogen Nation
Hotwire
+44-20-7608-4675
imogen.nation@hotwirepr.com

SOURCE Mindtree

Managed Print Services Market Worth 50.78 Billion USD by 2023

The report “Managed Print Services Market by Deployment Mode (On Premise, Cloud based, and Hybrid), Channel Type (Printer/Copier Manufacturers, System Integrators/Resellers, and ISVs), Application, Organization Size, and Geography – Global Forecast to 2023”, publisged by MarketsandMarkets™ , the market was valued at USD 28.40 Billion in 2016 and is expected to reach USD 50.78 Billion by 2023, at a CAGR of 8.51% between 2016 and 2023.

(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 61 Market Data Tables and 60 Figures spread through 165 Pages and in-depth TOC on “Managed Print Services Market

http://www.marketsandmarkets.com/Market-Reports/Managed-Print-Services-MPS-and-Document-Management-Systems-(DMS)-Market-620.html

Early buyers will receive 10% customization on this report.

The reduced cost of operation and flexibility to match custom requirements, rising complex technological solutions, and increasing dependency on heterogeneous networks, steep increase in the adoption of big data solutions, organizational initiatives to reduce paper wastage, and competent technical support by MPS providers are some of the significant drivers for the growth of this market.

Cloud-based deployment to hold a major share of the managed print services market during the forecast period

Cloud-based deployment is expected to hold the largest share of this market between 2017 and 2023. The deployment modes include on-premise, cloud-based, and hybrid deployment. Cloud-based deployment has the largest share of the overall market owing to its extensive benefits in managed print services (MPS). MPS is replacing the traditional IT model to manage increasing requirements, and businesses are looking toward MPS for cost efficiency and effective benefits. Cloud-based deployment holds the maximum market share as it offers businesses to remotely access their documents and data on the cloud.

Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=620

The large enterprises are expected to hold the largest share of managed print services market

Large enterprises are expected to hold the largest share of the managed print services market between 2017 and 2023. Large enterprises mainly focus on managing their operations and processes rather than being diverted by any threat, attack, malware, or spams, and any other such vulnerabilities. Due to this reason, the demand for MPS is more in such organizations and is increasing day by day.

BFSI applications of MPS held the largest share of the managed print services market in 2016

MPS has been growing in industry applications such as BFSI, government, and healthcare. BFSI applications held the largest market share of the MPS market worldwide. BFSI involves heavy dependency on paperwork for record-keeping. The MPS market is expected to get more market share because of security requirements for sensitive data in the BFSI industry. These applications use MPS to optimize the efficiency of resources and operational practices in use.

North America held the largest share of the managed print services market in 2016

North America held the largest share of managed print services market in 2016. The North American market has many rising startups and favorable compliance and government regulations. The enterprises in this region have a rapid growth rate and a heavy demand for managed print services. Because of favorable government regulations, European companies are also investing in the North American market.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=620

Some of the major players in the managed print services market are Xerox Corporation (US), HP Development Company, L.P. (US), Ricoh Company, Ltd. (Japan), and Lexmark International, Inc. (US).

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Production Printer Market by Type (Monochrome, Color), Technology (Inkjet, Toner), Production Method (Cut Sheet, Continuous Feed, Sheet Fed, and Web Based), Application and Geography – Global Trends & Forecast to 2022
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OmniVision and Netradyne Develop a New Intelligent Camera System for Commercial Fleet and Consumer Automotive Applications

OmniVision Technologies, Inc., a leading developer of advanced digital imaging solutions, today announced its technical collaboration with Netradyne, a commercial-vehicle technology solutions provider specializing in deep learning and artificial intelligence (AI), to develop Driveri™, a new aftermarket intelligent driving monitoring system for commercial fleet vehicles and consumer automotive applications. Integrating OmniVision’s OV2775 image sensor and OV491 companion chip with Netradyne’s analytics software and cloud connectivity engine, the Driveri™ system allows for the capture and reproduction of clear, accurate scenes with real-time analysis and feedback. This revolutionary vision-based camera system with quad high definition (HD) 360-degree field of view and high dynamic range (HDR) is designed to meet the demands of growing commercial and consumer automotive markets.

“OmniVision’s OV2775 image sensor and OV491 chip deliver best-in-class HDR and low-light performance to complement Netradyne’s deep learning and AI algorithm technology,” said Cliff Cheng, senior director of marketing at OmniVision. “Together we have seamlessly integrated our technologies to enable top-quality scene reproduction and accurate real-time analysis, which we see quickly becoming key requirements for today’s in-vehicle mobile camera systems.”

In its 2016 market report, Credence Research anticipates the global in-vehicle camera market to expand at a compound annual growth rate of 17.4% between 2015 and 2022. They expect more operators of fleet vehicles, such as taxis, buses and commercial trucks, as well as law-enforcement agencies and driving instructors, to install in-vehicle cameras to capture real-time driving incidents. Consumer use is also expected to increase, as intelligent cameras can be used for detecting driver drowsiness, tracking stolen vehicles and monitoring young drivers.

Netradyne selected OmniVision for its Driveri™ driver-support platform because of OmniVision’s proven market leadership in automotive camera technologies. The front-facing camera features OmniVision’s OV2775 image sensor and its OV491 companion chip, allowing the camera to achieve exceptional mixed-lighting performance. The one inward- and two side-facing cameras are also built on OmniVision’s image sensors. The video output from these three sensors can be stitched together to create a 360-degree scene.

The OmniVision OV2775 is a 2-megapixel image sensor that can capture full 1080p HD video with up to 120dB HDR. The OV491 companion chip processes the HDR scheme from the OV2775, significantly increasing the level of detail that the camera can capture.

“With an estimated 1.25 million deaths globally every year, road accidents result in significant personal, social and economic costs. We believe that computer vision with high definition camera sensors can transform driver coaching and recognition,” said Avneesh Agrawal, Netradyne founder and CEO.

“Netradyne’s Driveri™ product combines OmniVision’s OV2775 state-of-the-art HDR, high definition image sensor with cutting-edge AI technology to create an advanced new tool for drivers facing a wide spectrum of driving environments. We’re extremely delighted to collaborate with OmniVision in this journey. The OV2775 provides a high level of clarity and vastly improves our deep learning algorithms in all conditions, including HDR and extreme low light,” he added.

Driveri™ is commercially available now and is being actively deployed within several industry-leading commercial fleets.

About OmniVision
OmniVision Technologies, Inc. is a leading developer of advanced digital imaging solutions. Its award-winning CMOS imaging technology enables superior image quality in many of today’s consumer and commercial applications, including mobile phones, notebooks, tablets and webcams, digital still and video cameras, security and surveillance, entertainment devices, automotive and medical imaging systems. Find out more at www.ovt.com.

About Netradyne
Founded in 2015, Netradyne has technology innovation centers in both San Diego and Bangalore, India, where teams are hyper-focused on delivering a world-class driver recognition platform for commercial vehicles. Grounded in the vision of applying artificial intelligence for improving fleet safety, Netradyne delivers a holistic view of the driving environment to fleet owners while serving as the driver’s advocate. For more information about Driveri™ or to inquire about commercial vehicle driver assistance tools, please visit www.Netradyne.com.

OmniVision® and the OmniVision logo are registered trademarks of OmniVision Technologies, Inc. All other trademarks are the property of their respective owners.

 

SOURCE OmniVision Technologies, Inc.

CONTACT: For Netradyne: John Thomas, The Practice, +91 8443961648, john@the-practice.net; or for OmniVision: Cameron Crowe, Kiterocket, +001 415.735.8420, ccrowe@kiterocket.com; or Company Contact: Scott Foster, OmniVision Technologies, Inc., +001 408.567.3077, sfoster@ovt.com

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Coupling Market Global Demand and Insights Analysis Report for 2017-2022 now Available at ReportsnReports

Global Coupling Market Research Report includes companies engaged in manufacturing, capacity, production, price, cost, revenue and contact information added by ReportsnReports.com to its research database.

Global Coupling Market 2017 Industry Research Report is spread across 110 pages, profiles 16 companies and the Coupling market analysis in this study is supported with tables and figures on the industry and its players.

This is a professional and in-depth study on the current state of the Coupling industry. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure.The Coupling market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Complete report is now available at http://www.reportsnreports.com/reports/955569-global-coupling-market-research-report-2017.html .

Market Segment by Regions, this report splits Global into several key Region, with production, consumption, revenue, market share and growth rate of Coupling in these regions, from 2012 to 2022 (forecast), like North AmericaChinaEuropeJapanIndiaSoutheast Asia split by product type, with production, revenue, price, market share and growth rate of each type Split by application, this report focuses on consumption, market share and growth rate of Coupling in each application.

This report studies Coupling in Global market, especially focuses on top manufacturers in global market, with sales, price, revenue and market share for each manufacturer, covering Siemens, Voith Turbo, SKF, Regal Beloit, ABB, Altra Industrial Motion, Rexnord, CENTA, Vulkan, John Crane, Taier Heavy, Renold, Eriks, Tsubakimoto Chain, Lovejoy, Ruland.

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Similar research titled “United States Coupling Market Report 2017” is spread across 114 pages and profiles 16 companies that provide a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Coupling market analysis is provided for the United States markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and Bill of Materials cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. Few key manufacturers included in this report are Siemens, Regal Beloit, Voith Turbo, Rexnord, SKF, Altra Industrial Motion, ABB, Lovejoy, John Crane, CENTA, Vulkan, Eriks, Lord, Renold, Ruland, Tsubakimoto Chain and Herwarth Reich. Read more at http://www.reportsnreports.com/reports/969247-united-states-coupling-market-report-2017.html .

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Beijing museum dazzles the audience with immersive experience

Today Art Museum, one of the city’s cultural landmarks, hasdrawn an influx of visitors recently who are going for an ongoing new media exhibition that provides an interactive, enthralling environment when visiting.

The exhibition, titled “.zip FUTURE RHAPSODY | XIAOMI · FUTURE OF TODAY”, addresses how artistic creation will evolve by incorporating digital technologies, and how art museums can better engage the audience with location-specific experiences, since more people today enjoy virtual visits via museums’ websites and apps. The exhibition runs through till Sept 16.

“.zip FUTURE RHAPSODY | XIAOMI · FUTURE OF TODAY” occupies three floors of Today Art’s main building, seated in the heart of Beijing’s central business district. On show are 27 videos, installations and works of sound art created by an international lineup from Chinathe United StatesBritain and Turkey.

Featured artists include Claude Leveque of FranceCatherine Chalmers and Charles Lindsay of the US and Refik Anadol of Turkey.

Shown Chinese artists include Feng Mengbo, Guo Ruiwen, Hong Qile and Wang Zhipeng, among others who are of a great influence in new media creation at home.

At the heart of the exhibition is a 14-meter-high encircled space at the museum’s main hall. It was builtto function as “a box of black and white”, according to Wu Juehui, who co-curates the exhibition with Yan Yan, the deputy director of Today Art Museum. Wu is an artist himself, based in Hangzhou, in eastern China’s Zhejiang province – his work is shown.

Nine videos are displayed in rotation and computer-generated images are projected onto two walls and the ground. People can relax by sitting on the ground or leaning against the walls, being surrounded by the moving images.

By doing so, Wu the curator says, the audience themselves become a part of the art, and together with the videos, they form the largest and the centerpiece work of the exhibition.

The immersive, dream-like experience is similar to other works on show – artists hope to inspire people to reflect on real life situations, for example where people have found it hard to live without technology and the internet, especially devices such as the mobile phone.

Shown artworks feature almost all the digital file formats that have been invented, such as .txt, .jpg, .gif, .mp3, to name a few. Therefore, the exhibition serves just like a zip file to compress all these files into a package and present it to the audience. As they come across each artwork on show, people “unzip” one file after another.

Wu the curator says besides creating eye-catching effects which has drawn a lot of photo taking, they also invite the audience to seriously think about the relationship between human society and technology: “Every person lives with certain formats they are familiar with, and they have reshaped how people think and act and the ways of existence.”

“Maybe in the near future, people greet each other by asking, ‘What’s your format?'”

“.zip FUTURE RHAPSODY | XIAOMI · FUTURE OF TODAY” marks a continuous effort of Today Art Museum’s endeavor to explore and diversify people’s experience at a museum in the future.

The concept of “FUTURE OF TODAY” was coined in 2015 with the launch of a vanguard exhibition discussing the interaction between a real museum and a virtual one and the evolution of art forms in years to come.

The current exhibition is launched by Alex Gao, the director of Today Art Museum, Chinese sculptor Sui Jianguo, Chinese architect Wang Hui and Li Wanqiang, the co-founder of XIAOMI.

The academic advisors are Huang Du the Chinese curator and Philipp Ziegler, the director of the curatorial department of ZKM Media and Art Center. Charles Lindsay, director of US SETI A.I.R. Program, is the international nominator for the exhibition.

Alex Gao describes the “FUTURE OF TODAY” project as “a fearless and exciting attempt”.

“When I took the position to direct Today Art Museum in 2013, two questions kept emerging in my mind: ‘What will a future art museum look like?’ and ‘What artworks will suit such a museum?’ I haven’t found answers yet although my team will not stop seeking solutions. With persistence, we can embark upon an extraordinary journey to build a museum of the future.”

About Today Art Museum

Beijing Today Art Museum was founded in 2002, being China’s first non-for-profit, non-governmental art institution. It is committed to promoting Chinese contemporary art and boasts an internationalvision and a contemporary ideology. Also it explores a development strategy suitable for museums of its kind within the Chinese context. So far the museum has established a stable financing system and high academic standards.

SOURCE Beijing Today Art Museum

CONTACT: Haiwang, 8613811994355, whw@todayartmuseum.org

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