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Traffic Sensor Market Worth 381.3 Million USD by 2023

The “Traffic Sensor Market by Type (Inductive Loop, Piezoelectric Sensor, Bending Plate, Image Sensor, Infrared Sensor, Radar Sensor, LiDAR Sensor, Magnetic Sensor, Acoustic Sensor, and Thermal Sensor), Application, and Geography – Global Forecast to 2023″, published By MarketsandMarkets™, the Traffic Sensor Market is expected to grow from USD 228.0 Million in 2017 to USD 381.3 Million by 2023, at a CAGR of 8.94% during 2017-2023. The increasing demand for real-time information systems and increasing urbanization and population are the major factors that drive the traffic sensor market.

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Browse 35 Market Data Tables and 48 Figures spread through 157 Pages and in-depth TOC on “Traffic Sensor Market – Global Forecast to 2023”

http://www.marketsandmarkets.com/Market-Reports/traffic-sensor-market-162500361.html

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Radar sensor expected to grow at a higher CAGR between 2017 and 2023

The market for radar sensors is expected to grow at the highest CAGR during the forecast period compared to other types of sensors. Radar sensors are resistant to lightning and other weather conditions such as haze, rain, or cloudy conditions compared to other detection technologies such as image sensors, which acts as a major driving factor for the growth of the market for radar sensors.

Traffic monitoring application expected to hold the largest share of the traffic sensor market in 2017

Traffic monitoring held the largest share of the traffic sensor market. The traffic monitoring system allows real-time monitoring of specific situations and road areas such as toll highways, bridges, and underpasses with the help of dedicated video capturing devices. The systems extract useful information about road mobility and traffic help enhance road safety and provide information to users. The vehicle counting and vehicle motion tracking are the major applications under traffic monitoring leading to a high rate of adoption of traffic sensors.

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Traffic sensor market in Asia Pacific likely to grow at a high rate during the forecast period

In Asia Pacific (APAC), China and Australia are the major contributors to the growth of the traffic sensor market. Some of the factors driving the growth of the market in this region include rapid developments to improve transportation industry, implementation of e-tolls, and various initiatives by the government to implement traffic management solutions.

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Major players operating in the traffic sensor market are Kapsch TrafficCom AG (Austria), International Road Dynamics, Inc. (Canada), FLIR Systems, Inc. (US), TE Connectivity Ltd. (Switzerland), and Kistler Group (Switzerland).

Browse Related Reports

Piezoelectric Devices Market by Material (Piezoceramics, Piezopolymers, Piezocomposites, Piezocrystals), Product (Actuators, Transducers, Motors, Sensors, Generators), Application (Industrial, Automotive, Healthcare, Consumer) – Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/piezoelectric-devices-market-256019882.html

Intelligent Transportation System Market by Roadway (Hardware, Software, & Services), Aviation Tool (Kiosk, Multi-User Flight Information Display, and Smart Gate System), Railway, Maritime, Protocol, Application, and Geography – Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/intelligent-transport-systems-its-market-764.html

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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’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.

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Bromine Market Growing at a CAGR of 8.4% During 2017 to 2022, Says a New Research Available at ReportsnReports

Global bromine market is projected to reach $3.96 billion by 2022 from $2.47 billion in 2016 at a CAGR of 8.4% between 2017 to 2022 while Research Report covers top 25 Companies with their Competitive Strategies, Top Segments, Market Trends, Share, and Regional Outlook in near future with overall industry analysis.

Browse 101 Market Data tables and 48 figures, 25 Company profiles spread across 172 pages available at http://www.reportsnreports.com/reports/280983-bromine-its-derivatives-market-by-derivatives-organobromines-clear-brine-fluids-and-hydrogen-bromide-application-flame-retardants-oil-gas-drilling-biocides-medicinal-hbr-flow-battery-plasma-etching-pta-synthesis.html.

The Asia Pacific region is the fastest-growing bromine market in terms of both, value and volume during the forecast period. The growth of the bromine market in the Asia Pacific can be attributed to its rapidly increasing demand for Purified Terephthalic Acid (PTA) synthesis in polymer fabrication and for biocides in water treatment industries. The growing importance of clear brine fluids in the oil & gas industry and HBr flow battery applications are boosting bromine consumption across the region.

The report provides company profiles and competitive strategies adopted by major market players, such as Israel Chemicals Limited (Israel), Albemarle Corporation (US), Chemtura Corporation (US), Tosoh Corporation (Japan), Tata Chemicals Ltd (India), Gulf Resources Inc. (China), TETRA Technologies, Inc. (US), Hindustan Salts Limited (India), Honeywell International Inc. (US) and Perekop bromine (Republic of Crimea) among others.

Order a Copy of Bromine Market by Derivative (Organobromines, Clear Brine Fluids, Hydrogen Bromide), Application (Flame Retardants, Water Treatment, HBr Flow Batteries, Mercury Emission Control, PTA Synthesis), and Region – Global Forecast to 2022 research report at: http://www.reportsnreports.com/purchase.aspx?name=280983.

This study has been validated through primaries conducted with various industry experts globally. These primary sources have been divided into three categories, namely, by company, by designation, and by region. By Company Type: Tier 1- 45%, Tier 2- 22%, and Tier 3-33%, By Designation: C Level- 50%, Director Level- 10%, and Others- 40%, By Region: Europe– 33%, North America– 17%, Asia-Pacific– 17%, Middle East & Africa– 25%, and South America– 8%

The global bromine market is witnessing moderate growth. Factors restraining and challenging the growth of the bromine market are the significant decrease in oil & gas prices in the past years, emergence of non-halogenated flame retardants, and toxicological effects of brominated compounds.

The global bromine market growth is driven by the increasing consumption of bromine in mercury mitigation in coal fired power plants and escalating demand for flame retardants due to strict fire safety regulations. Extensive consumption of bromine in diverse applications ranging from plasma etching in semiconductor industries, and HBr flow batteries in the electronics and automotive industries is also an important factor driving the bromine market. Fluctuating oil & gas prices in the past years, emergence of non-halogenated flame retardants and toxicological effects of brominated compounds are the key factors restraining and challenging the growth of the global bromine market.

Download a Sample Copy of this Report at http://www.reportsnreports.com/contacts/requestsample.aspx?name=280983.

The clear brine fluids are estimated to be the fastest-growing derivatives during the forecast period (2017-2022). The rapid growth of the clear brine fluids segment is attributed to the growing demand for oil & gas drilling activities and work over operations. In the oil & gas industry, clear brine fluids are specially used to control formation pressure as well as lessen damage in oil reservoirs. Calcium bromide, a salt of bromine, which is part of clear brine fluids, is also used former cury emission control at coal fired power plants. Thus, the growing consumption of clear brine fluids in the above mentioned applications drives their market globally.

The oil & gas drilling is projected to be the fastest-growing application of the bromine market during the forecast period. Extensive use of bromine salts such as calcium bromide, potassium bromide, sodium bromide, and zinc bromide as clear brine fluids for oil well drilling and hydraulic fracturing is expected to contribute to the rapid growth of the bromine market during the forecast period.

Research Coverage: The report covers the bromine market and its use across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments, such as derivatives and application. The report also includes an in-depth competitive analysis of the key market players along with their company profiles, dynamic differentiators, innovators, visionary leaders and emerging (DIVE) analysis, recent developments, and key growth strategies.

Another research titled Methanol Market Global Trends & Forecasts to 2021 says, the market size for methanol is projected to reach $54.16 billion by 2021, registering a CAGR of 12.4% between 2016 and 2021 driven by the increasing demand of methanol from the end-use industries, such as automotive and construction. Automotive is the largest end-use industry for methanol. The Asia-Pacific is the largest market for methanol. Companies such as Methanex Corporation (Canada), SABIC (Saudi Arabia), PETRONAS (Malaysia), Mitsubishi Gas Chemical Company (Japan), Mitsui & Co. Ltd. (Japan) have been profiled in this 258 pages research report available at http://www.reportsnreports.com/reports/628011-methanol-market-by-feedstock-natural-gas-and-coal-derivative-formaldehyde-mto-mtp-gasoline-mtbe-and-mma-sub-derivative-uf-pf-resins-and-olefins-end-use-industry-construction-automotive-and-electronics-and-by-region-global-trends-forecasts-to-2021.html.

Explore more reports on Chemicals Market at: http://www.reportsnreports.com/market-research/chemicals/.

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Cellebrite Launches Tool for Forensically Sound Extraction of Public Domain Social Media Data

Cellebrite, the leading provider of digital intelligence solutions, has introduced a new UFED Cloud Analyzer solution that provides forensically sound, real-time collection, preservation and analysis of data in the public domain including location information, profiles, images, files, and communications from the most popular social media applications. This new offering from Cellebrite saves investigative teams significant time and labor by eliminating the time-consuming, manual process of searching and capturing evidence from multiple sites and cloud sources, including Facebook.

The addition of public domain search to UFED Cloud Analyzer helps investigative teams access and share evidence with easy-to-use dynamic reporting. When combined with Cellebrite’s recently enhanced analytics solution, investigators can gain access to powerful text and image examination capabilities to analyze public domain social media data with private cloud or social media data, pursuant to a warrant, as well as mobile device, computer and cellular operator data to immediately identify evidence that is critical to an investigation.

Cellebrite is the only company with the capability to provide investigative teams with a comprehensive digital intelligence solution for collection, collaboration, and analysis of digital data from a full range of sources. By partnering with Cellebrite for both UFED Cloud Analyzer and Cellebrite’s powerful Analytics offering, agencies can access an integrated set of tools from a single provider, reducing cost and risk while optimizing workflow and accelerating time to evidence.

As the popularity and adoption of social media, messaging and other public mobile applications continues to grow exponentially, so does the amount of potential evidence that resides in the cloud. UFED Cloud Analyzer allows teams to extract and visualize publicly available data from supported social media and cloud-based sources in a unified format to track behavior, uncover common connections and correlate critical evidence. UFED Cloud Analyzer is a must-have asset for investigators who face a growing backlog of case work and an ever-expanding universe of social media channels where critical evidence resides.

With UFED Cloud Analyzer, investigators access unequivocally forensically sound data since the program logs and tracks the entire extraction process to maintain data authenticity in addition to hashing each piece of extracted data.

“Today, investigators gather public data manually, site-by-site, in a time-intensive process that can omit key findings and may not even be admissible in court,” said Yossi Carmil, Global Co-CEO, Cellebrite. “Cellebrite’s new capability will save valuable resources by making collection and organization of publicly available social media and digital evidence defensible and easier to access than ever before. By simplifying this task, we are able to help investigators focus less on information gathering and instead apply their expertise to delivering in-depth analysis and finding key leads to enforce laws and protect the public.”

To learn more, visit us online at www.cellebrite.com.

Cellebrite: Digital Intelligence for a Safer World

Digital data plays an increasingly important role in investigations and operations of all kinds. Making data accessible, collaborative and actionable is what Cellebrite does best. As the global leader in digital intelligence with more than 60,000 licenses deployed in 150 countries, we provide law enforcement, military, intelligence, and enterprise customers with the most complete, industry-proven range of solutions for digital forensics, triage and analytics.

By enabling access, sharing and analysis of digital data from mobile devices, social media, cloud, computer, cellular operators and other sources, Cellebrite products, solutions, services and training help customers build the strongest cases quickly, even in the most complex situations. As a result, Cellebrite is the preferred one-stop shop for digital intelligence solutions that make a safer world more possible every day.

Cellebrite is a wholly-owned subsidiary of the Sun Corporation, a listed Japanese company (6736/JQ)

Contact:
Jody Wacker
jody.wacker@cellebrite.com

SOURCE Cellebrite

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Cellebrite Introduces Advanced Machine Learning Technology to Analytics Solution to Accelerate Evidence Discovery

Cellebrite, the leading provider of digital intelligence solutions, today announced groundbreaking enhancements to its Analytics offerings designed to detect and analyze digital media evidence faster using a series of machine learning algorithms. This latest advancement in digital evidence analysis provides law enforcement professionals with cutting edge neural network-based algorithms that automatically identify and categorize previously known and unknown images and video clips.

Access to advanced analytic tools for text, video, and images optimizes investigative resources by eliminating manual analysis of large volumes of media artifacts and helps to reduce the psychological stress of reviewing sensitive material typically involved in criminal cases.

“Digital evidence from mobile phones, social media accounts, and computers can carry hundreds of data artifacts that include image and video meta data and classification, which can make manual evidence analysis even more complex and time consuming,” said Patrick Krieg, Detective Sergeant-Criminal Investigation Division Dunwoody Police Department. “Using intelligence obtained in merely hours from Cellebrite Analytics allowed my investigative unit to pursue leads that may have otherwise took weeks or months to locate. The depth of this tool and its ability to cross-reference and identify significant target correlations is unprecedented. I found that this analytic tool finally offered a viable solution to the massive amount of information obtained through cellular extractions and applying that information to a usable and presentable format.”

This new release of Cellebrite’s UFED Analytics Platform provides powerful options for correlating, viewing and exploring files from various computer, social media, cloud, mobile, cellular operator records and other digital data sources in a centralized view, with managed access for multiple users, providing real digital intelligence and collaboration for investigative teams. Key updates to the platform include:

  • Automated Image Matching and Categorization: This first-of-its-kind capability automatically categorizes images and individual video frames to eliminate manual review of duplicative evidence and correlate unknown images as well as identify unique media so investigative teams can focus on the data of interest. State-of-the-art algorithms have been deployed to automatically detect objects such as weapons and drugs within media. The system also detects and categorizes child pornography, adult content, documents and screen shots resulting in accelerated access to investigation relevant media.
  • Face Recognition and Matching: The unique algorithms used for automatic detection of faces within any picture or video available to the system, allow investigators to quickly and accurately cross-match individual faces in media.
  • Computer Data Ingestion: Computer data extractions can now be ingested as an additional data source within Cellebrite Analytics so when processed in concert with data from social, cloud, mobile, and mobile operator sources, it provides investigators with a holistic view of accumulated evidence.
  • Integration with External Data Sources: Integration with Project VIC, CAID and other defined hash value databases reduce the psychological stress of reviewing sensitive material. Existence of known incriminating images are automatically identified by matching image hash values and then classified using pre-defined categories. Unmatched images that are discovered can also be categorized and exported so they can be immediately shared with law enforcement forces worldwide.

The powerful machine learning elements in Cellebrite Analytics will accelerate time to evidence in a variety of investigations, including child exploitation, narcotics, gangs, human trafficking, counter-terrorism and many more. This new release also integrates with other Cellebrite offerings including the new edition of its UFED Cloud Analyzer – with a robust toolbox of investigative capabilities, investigators can analyze public domain social media data with private cloud or social media data pursuant to a warrant, as well as mobile device, computer and telecom operator data to immediately identify evidence that is critical to an investigation.

“Every day, investigators face the daunting challenge of working with growing volumes of digital evidence that has, until now, required manual, painstaking review and analysis,” said Yossi Carmil, Global Co-CEO, Cellebrite. “Using our purpose-built analytical engines, investigators can automatically organize, analyze, cross-reference all data sources enabling them to focus their efforts on the most relevant evidence—a process that creates a detailed, big picture view while providing immediate context to help focus and accelerate investigations.”

To learn more, visit us online at www.cellebrite.com.

Cellebrite: Digital Intelligence for a Safer World

Digital data plays an increasingly important role in investigations and operations of all kinds. Making data accessible, collaborative and actionable is what Cellebrite does best. As the global leader in digital intelligence with more than 60,000 licenses deployed in 150 countries, we provide law enforcement, military, intelligence, and enterprise customers with the most complete, industry-proven range of solutions for digital forensics, triage and analytics.

By enabling access, sharing and analysis of digital data from mobile devices, social media, cloud, computer, cellular operators and other sources, Cellebrite products, solutions, services and training help customers build the strongest cases quickly, even in the most complex situations. As a result, Cellebrite is the preferred one-stop shop for digital intelligence solutions that make a safer world more possible every day.

Cellebrite is a wholly-owned subsidiary of the Sun Corporation, a listed Japanese company (6736/JQ)

Contact:
Jody Wacker
jody.wacker@cellebrite.com

SOURCE Cellebrite

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http://www.cellebrite.com

Research Antibodies Market Worth 12.60 Billion USD by 2022

According to a new market research report Research Antibodies Market by Product (Antibodies (Primary, Secondary)(Mouse, Rabbit)), Reagents), Technology (Western Blot, Flow Cytometry, Elisa, Immunoflourescence, Immunohistochemistry), Application, & End User – Global Forecast to 2022,published by MarketsandMarkets™, the Research Antibodies Market (including reagents) is expected to reach USD 12.60 Billion by 2022 from an estimated USD 9.33 Billion in 2017, at a CAGR of 6.2% during the forecast period.

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Browse 187 Market Data Tables and 42 Figures spread through 279 Pages and in-depth TOC on Research Antibodies Market

http://www.marketsandmarkets.com/Market-Reports/research-antibodies-reagents-market-94212793.html

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Factors such as the increasing R&D activities and expenditure in the life science industry, increasing funding for proteomics research and drug discovery, and the growing collaboration between industries and academic institutes are the key drivers of the Research Antibodies Market. However, the quality concerns over research antibodies (with respect to research reproducibility), cost- and time- intensive antibody development processes, and the pricing pressures faced by prominent market players are the major challenges currently at play in the market

By product, the reagents segment accounted for the largest share of the market

On the basis of product, the reagents segment accounted for the largest share of the global Research Antibodies Market (including reagents), in 2016. This can be attributed to the fact that a large number of reagents are used in various routine assays and techniques.

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The western blotting segment dominated the market in 2016

Based on technology, the western blotting segment accounted for the largest share of the Research Antibodies Market. Its ability to quantify as little as 0.1 nanograms of protein in a sample with high specificity makes it an indispensable tool in proteomic research; this is the key factor driving market growth.

The proteomics segment held the largest market share in 2016

Based on application, the proteomics segment accounted for the largest share of the Research Antibodies Market. The large share of this segment is attributed to the deployment of proteomic-based approaches in biomarker detection and cancer profiling, increasing R&D expenditure, and availability of funds from various organizations.

Pharmaceutical & biotechnological companies held the largest market share in 2016

Based on end user, the pharmaceutical & biotechnological companies segment accounted for the largest share of the Research Antibodies Market owing to the high uptake of research-specific antibodies in the drug discovery and development process, along with the increasing use of these research tools in the ever-developing proteomics research sector.

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North America dominated the market in 2016

North America accounted for the largest share of the Research Antibodies Market in 2016, followed by Europe. This regional segment shows significant market growth opportunities owing to the increasing research activities in the fields of proteomics and genomics, favorable government funding initiatives, and the growing focus of stakeholders on research projects.

The major players in the Research Antibodies Market (including reagents) are Thermo Fisher Scientific, Inc. (U.S.), Merck Group (Germany), Abcam plc (U.K.), Becton, Dickinson and Company (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Cell Signaling Technology, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Danaher Corporation (U.S.), GenScript (U.S.), PerkinElmer, Inc. (U.S.), Lonza (Switzerland), and BioLegend, Inc. (U.S.).

Browse Related Reports:

Electrophoresis Reagents Market by Product (Dyes (EtBr & SYBR) Gels (Polyacrylamide, Starch, & Agarose) Buffer (TBE & TAE)) by Application (Protein Analysis, DNA & RNA Analysis) by Technique (Gel & Capillary Electrophoresis) – Global Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/electrophoresis-reagents-market-268275019.html

Immunohistochemistry Market by Product (Antibody, Reagent, Kits, Slide Staining System, Tissue Microarray) Application (Diagnostics (Cancer, Cardiovascular, Diabetes, Autoimmune, Infectious Diseases) & Drug Testing) End User – Global Forecast to 2021

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qPCR Reagents Market by Detection (Dye-based, Probe-based), Packaging (qPCR Core Kits, Master Mixes), End User (Hospitals, Diagnostic Centers, Academia, Research Labs, CRO), Application (Diagnostic, Research, Forensic) – Global Forecasts to 2020

http://www.marketsandmarkets.com/Market-Reports/qpcr-reagents-market-102087588.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 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’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 Our Blog@ http://mnmblog.org/market-research/healthcare/biotechnology
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

 

SOURCE MarketsandMarkets

Greenbelt approved as solution to Indonesia’s $200 Million+ estimated Food Industry Waste Problem

Greenbelt Resources Corporation (OTC:GRCO) has officially received “Eco Friendly Technology” registration for its ECOsystem process. The certification (Registration #026/TRL/Reg1/K4K) was officially signed by the Indonesian Secretary General to the Ministry of Environment and Forestry Dr. Ir. Bambang Henfroyono, MM, head of the agency that awards Ecolabel status to green technologies.

Greenbelt’s waste-to-energy system is a viable, proven technology suited for food waste applications. Estimates of the food industry waste market solution range from $200 million to as much as $600 million in the foreseeable future.

Greenbelt CEO Darren Eng states that the registration and approved use of the Ecolabel logo validates Greenbelt’s technology, and in essence, gives Greenbelt a “green” light as a process now available to address the country’s significant and growing waste challenge. Indonesia is the second largest food waster behind Saudi Arabia. More food is wasted each year in Indonesia than the amount of food produced.

The ECOsystem process converts food waste into several revenue producing bioproducts including bioethanol, high value protein, fertilizer and potable water. The system can be customized to feedstock input as well as the goals of the customer with respect to end products.

“It’s tragic in our world where so many face starvation that food waste has become such a huge problem,” says Eng. “However, for the food waste that is naturally unavoidable, especially in agriculture and the food processing industry, Greenbelt’s technology can turn waste expense into new economic value streams, potentially even high-value protein suitable for humans. Greenbelt is already active in Indonesia. We look forward to expanding our relationships and addressing this challenge in a positive way beneficial to the population.”

Jababeka Infrastruktur has broken ground on the first project in Indonesia to use Greenbelt technology, a waste-to-energy initiative called JababECO. During a signing event held in Jakarta, the MOU signed between Greenbelt and Jababeka was celebrated by the attendance of Indonesian Vice President Jusuf Kalla and U.S. Vice President Mike Pence.

About Greenbelt Resources
Greenbelt Resources Corporation™ is an award-winning provider of sustainable energy production systems focused on delivering modular solutions that enable the localized processing of locally generated waste into locally consumed products. Greenbelt designs, develops and implements technology that makes the production of advanced biofuel reliable, practical and efficient. Controlled by proprietary automated controls, Greenbelt’s small-scale, end-to-end modular systems convert food, beverage and other cellulosic wastes into commercially viable advanced biofuels (bio-ethanol), animal feed, fertilizer and filtered water. For more information visit www.greenbeltresources.com.

Forward-Looking Statements
This document includes certain statements, predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the supply and demand for biofuels, our ability to remain technologically competitive and other economic, competitive and technological factors involving the Company’s operations, markets, services, products and prices.

 

SOURCE Greenbelt Resources Corporation

CONTACT: Darren Eng, CEO Greenbelt Resources Corporation, 888-995-GRCO (4726 x 101), darren@greenbeltresources.com

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http://www.greenbeltresources.com

Silicom’s FPGA Momentum Builds: Design Win from Long-term Strategic Customer

Silicom Ltd. (NASDAQ: SILC) today announced that one of its significant long-term customers has awarded it a new Design Win for an advanced FPGA (Field Programmable Gate Array) based card that it will use in a new Network Visibility application. The client has already placed initial purchase orders totaling several hundred thousand dollars. In parallel, the customer, a world leader in some of the networking industry’s “hottest” segments, is considering Silicom’s solutions for several additional areas, including both FPGA-based and other solutions for a variety of applications.

“We are excited that this leading networking company, a strategic client for years, is turning to us again to deliver an FPGA-based solution,” commented Shaike Orbach, Silicom’s CEO. “This Win is a huge confirmation of our IP and technology within the FPGA space, an area which is developing into a mainstream platform in next-generation Cloud servers. Our FPGA expertise and momentum position us ideally to benefit from this growth, making FPGA-based solutions a new potential high-growth area for us.”

Mr. Orbach continued, “In addition, this Win demonstrates that this client, like so many of our other customers, views Silicom as a ‘go-to’ connectivity/performance partner, with FPGA expertise further enhancing our value. Given the close, cooperative nature of our work, we continually identify new customer needs that we can address, feeding continuous growth in our business with this client and others.”

Mr. Orbach concluded, “In short, our continued growth with this customer, together with the FPGA wave that is swelling across the entire networking and Cloud industries, makes us increasingly optimistic regarding our future prospects and growth.”

About Silicom

Silicom Ltd. is an industry-leading provider of high-performance networking and data infrastructure solutions. Designed primarily to increase data center efficiency, Silicom’s solutions dramatically improve the performance and availability of networking appliances and other server-based systems.

Silicom’s products are used by a large and growing base of OEM customers, many of whom are market leaders, as performance-boosting solutions for their offerings in the Cyber Security, Network Monitoring and Analytics, Traffic Management, Application Delivery, WAN Optimization, High Frequency Trading and other mission-critical segments within the fast-growing data center, enterprise networking, virtualization, cloud computing and big data markets. Silicom’s product portfolio includes multi-port 1/10/25/40/100 Gigabit Ethernet server adapters, Intelligent Bypass solutions, Encryption accelerators, Ultra Low Latency solutions, Time Stamping and other innovative Smart adapters. These products are available for incorporation directly into our OEM customers’ systems, or provided as part of Silicom’s patented SETAC (Server To Appliance Converter), a unique approach to the provision of high quality standard platforms with modular front connectivity.

For more information, please visit: www.silicom.co.il

Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties, or other factors not under the company’s control, which may cause actual results, performance, or achievements of the company to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, difficulty in commercializing and marketing of Silicom’s products and services, maintaining and protecting brand recognition, protection of intellectual property, competition and other factors detailed in the company’s periodic filings with the Securities and Exchange Commission. These forward-looking statements can generally be identified as such because the context of the statement will include words, such as “expects,” “should,” “believes,” “anticipates” or words of similar import. Similarly, statements that describe future plans, objectives or goals are also forward-looking statements. In light of significant risks and uncertainties inherent in forward-looking statements, the inclusion of such statements should not be regarded as a representation by the company that it will achieve such forward-looking statements. The company disclaims any duty to update such statements, whether as a result of new information, future events, or otherwise.

 

Company Contact:
Eran Gilad, CFO
Silicom Ltd.
Tel: +972-9-764-4555
E-mail: erang@silicom.co.il

Investor relations contact:
Ehud Helft
GK Investor Relations
Tel: +1-646-201-9246
E-mail: silicom@gkir.com

SOURCE Silicom Ltd.

RELATED LINKS
http://www.silicom.co.il

Teneo Acquires Management Consulting Firm Credo

Teneo Holdings, the global CEO advisory firm, today announced that it has acquired Credo Business Consulting LLP, a leading management consulting firm with operations in London and Dubai.

Credo is a highly-respected management consulting firm focused on corporate strategy, transaction services, commercial and operating model transformation and performance improvement. With an outstanding reputation for depth of analysis and insight, Credo has helped many of the world’s leading organizations and financial investors to make and implement better strategic decisions.

Credo brings a team of 60 world-class professionals, including six partners, to Teneo, and deep expertise across a growing number of sectors including: Business and Support Services; Engineering, Construction and Infrastructure; Health and Social Care; Telecoms, Media and Technology; Software and IT Services; and Transport Services and Infrastructure.

The transaction represents a major expansion of Teneo’s Consulting division which is led by Chairman Chris Wearing and President Alex Pigliucci. Teneo Consulting provides a full range of management consulting advisory services to many of the world’s largest companies and has experienced significant growth in the past year working on a range of major projects.

All of Credo’s current partners will remain with the business and will now be part of the extended Teneo leadership team.

“Today’s acquisition will help further the expansion of Teneo’s global management consulting capabilities in response to client demand,” said Declan Kelly, Chairman and CEO of Teneo. “We are very pleased to welcome the Credo team to Teneo. They have a very strong reputation for delivering results for clients and will be a great addition as our business continues to grow.”

Simon Bones, Managing Partner of Credo said: “This represents a tremendously exciting moment for our Firm, our clients and our staff. The combination of Teneo’s and Credo’s world-class strategic advisory capabilities will create a truly differentiated proposition for our clients and an excellent platform for growth. We are delighted to be joining forces with Teneo.”

Teneo has now completed four acquisitions in 2017 and a total of nine transactions since the Firm was founded in 2011.

The Credo partners were advised by Clearwater International (corporate finance), DWF (legal) and Kingston Smith (financial and tax).

ABOUT TENEO:
Teneo is a global advisory firm that works exclusively with the CEOs and leaders of the world’s largest and most complex companies, providing strategic counsel across their full panoply of key objectives and issues. Comprised of the most senior talent, we work collaboratively to solve the most complex issues. Our teams integrate the disciplines of strategic communications, investment banking, management consulting, business intelligence, talent development, digital analytics, corporate governance, government affairs and corporate restructuring to solve for the most complex business and reputational challenges and opportunities. The Firm was founded in June 2011 by Declan KellyDoug Band and Paul Keary and now has more than 600 employees located in 17 offices around the world. For more information on Teneo, please see www.teneoholdings.com.

 

SOURCE Teneo Holdings

CONTACT: New York City, Stephen Meahl, Managing Director & Chief of Staff, 212-886-1624, Stephen.meahl@teneostrategy.com; London, Marc Mercer, Senior Vice President, +44 (0)20 7186 8880, Marc.mercer@teneoholdings.com

RELATED LINKS
http://www.teneoholdings.com

Resin Capsules Market Worth 1,256.2 Million USD by 2022

The report “Resin Capsules Market by Catalyst Type (Organic Peroxides, Oil-based, and Water-based), Resin Type (Polyester, Epoxy, and Acrylic), End-Use Industry (Mining, Construction, and Manufacturing), and Region – Global Forecast to 2022″, published by MarketsandMarkets™, the market is projected to grow from USD 972.8 Million in 2016 to USD 1,256.2 Million by 2022, with a CAGR of 4.46%, from 2017 to 2022.

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

Browse 101 Market Data Tables and 31 Figures spread through 141 Pages and in-depth TOC on “Resin Capsules Market – Global Forecast to 2022”

http://www.marketsandmarkets.com/Market-Reports/resin-capsules-market-236836332.html
Early buyers will receive 10% customization on this report

The market is witnessing considerable growth due to the rise in industrialization and infrastructural development. High demand for resin capsules is primarily attributed to the increase in mining and construction activities.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=236836332

The polyester resin type held a considerably large market share in the resin capsules market.

Polyester resins dominated the resin capsules market in 2016, and is projected to retain the leading position through 2022. This can be attributed to the high demand from mining and construction industries, owing to their overall robust performance, and in particular, their superior UV resistance feature, which provides longevity and durability to the anchor system.

The construction segment is projected to grow at the highest rate during the forecast period, among all end-use industries.

The resin capsules market is segmented into mining, construction, manufacturing, and others. The mining segment accounted for the largest share in 2016; however, construction is projected to grow at the highest CAGR over the next five years. The use of resins in explosives is one of the major reasons to fuel the growth of the mining segment in the resin capsules market, as resin bolts are needed to provide strength to anchor steel studs to mine walls or ceilings.

Request for Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=236836332

Asia-Pacific resin capsules market constituted the largest market share in the year, 2016.

Countries such as China and Australia are expected to witness high growth in the resin capsules market, due to high foreign investments in the mining industry. The region has vast mineral resources of copper, zinc, aluminum, coal, limestone, and rare earth & precious metals. Rapid expansion of economies in the Asia-Pacific region is driving the mining and construction industry, leading to higher demand of resin capsules. The positive outlook of the economies is attracting huge investments from global mining companies.

The global Resin Capsules Market is dominated by the presence of large players such as Sika AG (Switzerland), Orica Limited (Australia), Barnes Group Inc. (U.S.), DYWIDAG-Systems International (Germany), Rawlplug (Poland), Bohle AG (Germany), Sormat OY (Finland), Fischer Holding GmbH & CO. (Germany), Arkema SA (France), and Hexion Inc. (U.S.).

Subscribe Reports from Chemicals & Materials Domainhttp://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’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 Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

 

SOURCE MarketsandMarkets

Cleantech Solutions International Enters Agreement with ECoin Global Limited to Resell ECrent Gift Cards

Cleantech Solutions International, Inc. (“Cleantech Solutions” or “the Company”) (NASDAQ: CLNT) today announced that its wholly-owned subsidiary, EC Power (Global), has signed an agreement with ECoin Global Limited (“ECoin”) for the purchase of ECoin redemption codes with an aggregate value of $50 million for total consideration of $20 million. The Company plans to resell the redemption codes in the form of ECrent gift cards at global locals through reseller channels, such as convenience stores. The Company’s subsidiary has entered into agreement with InComm, a global pre-payment network and solution provider and will start selling the redemption codes with face values of HK$100HK$300 and HK$500 at major convenience store networks in Hong Kong and Macau beginning in August 2017. Other international locations will follow.

Pursuant to the agreement, in exchange for redemption codes with an aggregate value of $50 million, the Company will pay ECoin total consideration of $20 million in four annual installments in an amount equal to 50% of the net sale proceeds of the redemption codes sold during each calendar year. The value of any unsold redemption codes at the expiration of the agreement will be paid to ECoin using shares of the Company’s stock and not more than 19% of issued and outstanding ordinary shares of the Company.

“ECoin is now being fully utilized by ECrent, the world’s largest online sharing platform, offering a safe and convenient prepaid payment option for consumers who want to participate in the worldwide sharing economy,” said Parkson Yip, COO of Cleantech Solutions. “We are excited to partner with InComm to begin offering ECrent gift cards in major convenience stores in Hong Kong and Macau and plan to utilize ECoin in the other regions, as well as other sharing businesses and platforms we are currently developing, including our global sharing bike network.”

About Cleantech Solutions International

Cleantech Solutions, through its affiliated companies, designs, manufactures and distributes a line of proprietary high and low temperature dyeing and finishing machinery to the textile industry.  The Company’s latest business initiatives are focused on targeting the technology and sharing economy markets in China.

Safe Harbor Statement

This release contains certain “forward-looking statements” relating to the business of the Company and its subsidiary and affiliated companies and certain potential transactions that they may enter into. These forward looking statements are often identified by the use of forward looking terminology such as “believes,” “expects” or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website, including factors described in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Form 10-K for the year ended December 31, 2016 and in our Form 10-Q for the quarter ended March 31, 2017. All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.

Company Contacts:

Cleantech Solutions International, Inc.
Parkson Yip, COO
E-mail: parkson.yip@cleantechsolutionsinternational.com
+852-31060372
Web: www.cleantechsolutionsinternational.com

Compass Investor Relations
Elaine Ketchmere, CFA
Email: eketchmere@compass-ir.com
+1-310-528-3031
Web:  www.compassinvestorrelations.com

SOURCE Cleantech Solutions International, Inc.

RELATED LINKS
http://www.cleantechsolutionsinternational.com

Lloyds Energy Signs a Collaboration Agreement With Gazprom avtomatizatsiya PJSC 20 July 2017

Lloyds Energy Ltd has signed a collaboration agreement with Gazprom avtomatizatsiya PJSC, for the Development of the Nearshore Floating Liquefied Natural Gas (NSFLNG) Barges in the Russian Federation.

(Logo: http://mma.prnewswire.com/media/457656/Lloyds_Energy_Logo.jpg )
The collaboration agreement provides the “green light” for the beginning of the necessary actions involved in the construction of the NSFLNG. This step reflects the importance of cooperation and coordination between the two parties on international indicators. It is based on their keenness to enhance and strengthen their relations through the establishment of a partnership agreement that maximizes the potential of their expertise and capabilities to develop NSFLNG in the Russian Federation.

The parties seek to organize joint activities to search for investor and customers to deliver the projects for design, construction, commissioning and start‐up of nearshore floating liquefied natural gas production barges and associated onshore facilities in the Russia Federation.

SOURCE Lloyds Energy

CONTACT: Claire Kenwood +971 529750181

ADNOC in Advanced Discussions with Potential Partners for New Offshore Oil Concession

The Abu Dhabi National Oil Company (ADNOC) announced, today, it is in advanced discussions with more than a dozen potential partners who have expressed a significant interest in the offshore concession, currently operated by the Abu Dhabi Marine Operating Company (ADMA-OPCO) that expires next March. The potential partners are a mix of existing concession holders in ADNOC’s offshore fields and new participants.

The announcement comes shortly after ADNOC unveiled the expansion of its strategic partnership model, as well as the active management of its portfolio of assets. ADNOC’s new approach, which builds on its flexible and enhanced operating model as well as its 2030 growth strategy, will enable the company to unlock and maximize value from across the Group. The new approach will deliver improved revenue streams and ensure smart growth, while also enhancing performance and securing greater access for ADNOC’s products in key growth markets.

The existing ADMA-OPCO concession will be split into two, or more, concessions with new terms to unlock greater value and increase partnership opportunities. The concession will be comprised of a mix of the Lower Zakum field, Umm Shaif, Nasr, Umm Lulu and Satah Al Razboot (SARB) fields. ADNOC, on behalf of the Abu Dhabi government, will retain a 60% shareholding in the new concession areas.

H.E. Dr Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of ADNOC said: “We have received great interest in the concessions from both existing and potential new partners. Discussions are progressing well and companies have been drawn by our stable investment environment and ADNOC’s reliability as a partner, as well as the attractive and sustainable returns that will be generated.

“As part of ADNOC’s new partnership approach, we look forward to working with partners who will bring new and innovative thinking to the table. Partners who can demonstrate tangible value-add to our operations through technology, expertise, long term capital and market access, as well as a shared commitment to drive operational performance and efficiency to deliver smart growth and strong financial returns. Our ideal partners should also be willing to invest across different parts of our value chain,” H.E. Dr Al Jaber added.

Interest in the new concession areas is being driven by ADNOC’s track-record of successful long-term relationships with its partners; the stable investment climate in the UAE; the UAE’s leading low production costs and its globally recognized record on health safety and protection of the environment.

Following ADNOC’s 2016 announcement to consolidate the offshore operations of ADMA-OPCO and the Zakum Development Company (ZADCO), the new ADMA concessions and the existing Upper Zakum concession, operated by ZADCO, will be operated by the new integrated offshore company, capitalizing on operational synergies and enhanced performance. The consolidation of the two companies is due to be completed before the end of the year.

As ADNOC looks to boost oil production capacity to 3.5m bpd in 2018, offshore development is a strategic focus of the company. The existing concession area operated by ADMA-OPCO, which produces around 700,000 barrels a day of oil, is planned to have a production capacity of about 1.0 million barrels per day by 2021.

ADNOC has adopted a progressive approach to delivering its future growth through its 2030 strategy, which aims to ensure a more profitable upstream business, a more valuable downstream business, and an economic and sustainable supply of gas. In upstream, ADNOC is adapting to the evolving market environment by maximizing operational efficiencies, reducing costs and increasing crude oil production capacity to 3.5m bpd in 2018. In its gas business, ADNOC will develop a variety of natural gas sources, including tapping into gas caps and undeveloped deep and sour gas reserves. While in downstream, ADNOC aims to stretch the margin of each refined barrel of oil and expand petrochemical production from 4.5 to 11.4 mtpa by 2025. It will develop new, high-value products to meet growing demand and increase refining capacity to create new revenue streams.

Existing shareholders in ADMA-OPCO are BP (14.67%), Total (13.33%) and JODCO (12%). The international shareholders in ZADCO are ExxonMobil (28%) and JODCO (12%). The Abu Dhabi Government, through ADNOC, has a 60% interest in both operating companies.

About ADNOC

ADNOC is a major diversified group of energy and petrochemical companies, that produces around 3 million barrels of oil and 9.8 billion cubic feet of raw gas a day. Its integrated upstream, midstream and downstream activities are carried out by 16 specialist subsidiary and joint venture companies. To find out more visit www.adnoc.ae

For further information:
media@adnoc.ae

 

 

 

 

 

SOURCE The Abu Dhabi National Oil Company (ADNOC)

CONTACT: Kate Kwan, Burson-Marsteller, +852-2963-6782, Kate.kwan@bm.com

RELATED LINKS
http://www.adnoc.ae

Cellect Engages Locust Walk to Support Business Development Activities for Cellect’s ApoGraft™

Cellect Biotechnology Ltd. (NASDAQ: APOP, TASE: APOP), a developer of stem cell selection technology, announced today that Locust Walk was engaged to seek strategic licensing deals and global pharma partnerships in order to kick-start the commercialization of Cellect’s ApoGraft as an innovative platform for stem cells selection for all indications and from all sources of cells. Among others, the Company believes this platform is expected to become a major cornerstone development tool for both pharma companies and medical research centers through licensing of Cellect’s IP.

Locust Walk’s mandate is to identify relevant licensors and assist Cellect in closing potential licensing deals and strategic business collaborations with pharma and medical device companies as well as research and clinical centers that may potentially result in licensing of AppoGraft for stem cells based therapeutics R&D purposes.

Cellect’s ApoGraft technology can be utilized immediately to help thousands of research centers globally engage in adult stem cells based therapeutics by providing them with a simplified and cost efficient method to isolate stem cells for use as a raw material for a wide range of stem cells based therapeutics. Before Cellect’s ApoGraft, such procedures were extremely complex, inefficient and required substantial resources in both cost, time and infrastructure. ApoGraft will be used to significantly advance the use of stem cells across multiple therapeutic indications as well as research and biobanking purposes.

Cellect’s CEO, Dr. Shai Yarkoni commented, “Similar to the successful collaboration Cellect has with Entegris (NASDAQ: ENTG), we intend to secure our capabilities to supply all of the players in the stem cell field with the capabilities to produce and sell stem cell based medical products for a multi-billion dollar market. Cellect intends to become a major player in this fast growing field and therefore we are committed to a global scale campaign for business development with our new partner – Locust Walk.”

Cellect chairman, Mr. Nuriel Chirich Kasbian stated, “After years of work, we are close to realizing the first commercial applications of ApoGraft. We chose Locust Walk to help us unlock the value of ApoGraft for both medical research companies and shareholders.”

About Cellect Biotechnology Ltd.

Cellect Biotechnology is traded on both the NASDAQ and Tel Aviv Stock Exchange (NASDAQ: “APOP”, “APOPW”, TASE: “APOP”). The Company has developed a breakthrough technology for the isolation of stem cells from any given tissue that aims to improve a variety of stem cells applications.

The Company’s technology is expected to provide pharma companies, research centers and hospitals with the tools to rapidly isolate stem cells in quantity and quality that will allow stem cells related treatments and procedures. Cellect’s technology is applicable to a wide variety of stem cells related treatments in regenerative medicine and that current clinical trials are aimed at the cancer treatment of bone marrow transplantations.

About Locust Walk
Locust Walk is a leading life sciences transaction advisory firm focused on biopharmaceutical and medical technology companies. Its team of experienced professionals fuels the growth of promising companies at every stage by connecting the right products, the right partners and the most attractive sources of capital – driving innovation for growth and transformative results.
Locust Walk was founded in 2009 and currently has offices in BostonSan FranciscoTokyo, Japan and Cologne, Germany. Over the past two years, Locust Walk has completed many transactions for its clients around the world. For further information, please visit http://www.locustwalk.com.

Forward Looking Statements

This press release contains forward-looking statements about the Company’s expectations, beliefs and intentions. Forward-looking statements can be identified by the use of forward-looking words such as “believe”, “expect”, “intend”, “plan”, “may”, “should”, “could”, “might”, “seek”, “target”, “will”, “project”, “forecast”, “continue” or “anticipate” or their negatives or variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical matters. For example, forward-looking statements are used in this press release when we discuss our expectation regarding the market opportunity of ApoGraft potential licensing and other collaborations, our beliefs about the future integration of our technology into the production procedures of stem cell-based products, the potential of our technology and its proposed uses. These forward-looking statements and their implications are based on the current expectations of the management of the Company only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In addition, historical results or conclusions from scientific research and clinical studies do not guarantee that future results would suggest similar conclusions or that historical results referred to herein would be interpreted similarly in light of additional research or otherwise. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; we may encounter delays or obstacles in launching and/or successfully completing our clinical trials; our products may not be approved by regulatory agencies, our technology may not be validated as we progress further and our methods may not be accepted by the scientific community; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products; unforeseen scientific difficulties may develop with our process; our products may wind up being more expensive than we anticipate; results in the laboratory may not translate to equally good results in real clinical settings; results of preclinical studies may not correlate with the results of human clinical trials; our patents may not be sufficient; our products may harm recipients; changes in legislation; inability to timely develop and introduce new technologies, products and applications, which could cause the actual results or performance of the Company to differ materially from those contemplated in such forward-looking statements. Any forward-looking statement in this press release speaks only as of the date of this press release. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in Cellect Biotechnology Ltd.’s Annual Report on Form 20-F for the fiscal year ended December 31, 2016 filed with the U.S. Securities and Exchange Commission, or SEC, which is available on the SEC’s website, http://www.sec.gov, and in the Company’s periodic filings with the SEC and the Tel-Aviv Stock Exchange.

Contact:
Cellect Biotechnology Ltd.
Eyal Leibovitz, Chief Financial Officer
http://www.cellect.co
+972-9-974-1444

SOURCE Cellect Biotechnology Ltd.

Orbotech Ltd. to Present at the Oppenheimer 20th Annual Technology, Internet & Communications Conference

ORBOTECH (NASDAQ: ORBK), a leading global supplier of yield-enhancing and process-enabling solutions for the manufacture of electronics products, announced today that Ran Bareket, Chief Financial Officer will present at the Oppenheimer 20th Annual Technology, Internet & Communications Conference at 2:25 PM Eastern on August 9, 2017.

A webcast of the presentation will be available on the Investors section of the ORBOTECH website, under Investor Events. A replay of the webcast will remain available for 90 days.

About Orbotech Ltd.

Orbotech Ltd. is a leading global supplier of yield-enhancing and process-enabling solutions for the manufacture of electronics products. The Company provides cutting-edge solutions for use in the manufacture of printed circuit boards (“PCB“s), flat panel displays (“FPD“s) and semiconductor devices (“SD“s), designed to enable the production of innovative, next-generation electronic products and improve the cost effectiveness of existing and future electronics production processes. The Company’s core business lies in enabling electronic device manufacturers to inspect and understand PCBs and FPDs to verify their quality (‘reading’); pattern the desired electronic circuitry on the relevant substrate and perform three dimensional shaping of metalized circuits on multiple surfaces (‘writing’); and utilize advanced vacuum deposition and etching processes in SD and semiconductor manufacturing (‘connecting’). Orbotech refers to this ‘reading’, ‘writing’ and ‘connecting’ as enabling the ‘Language of Electronics’.
For further information, visit http://www.orbotech.com.

 

ORBOTECH COMPANY CONTACTS:

Rami Rozen

Tally Kaplan Porat

Director of Investor Relations

Director of Corporate Marketing

Tel: +972-8-942-3582

Investor.relations@orbotech.com    

Tel: +972-8-942-3603

Tally.kaplanporat@orbotech.com

 

SOURCE Orbotech Ltd.

RELATED LINKS
http://www.orbotech.com

ReneSola Announces New Headquarters Location

ReneSola Ltd (“ReneSola” or the “Company”) (www.renesola.com) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy efficient technology products, announced today that it has moved its corporate headquarters to a new location in Shanghai.

The new address will be 7/F, Block B, Future Land Holdings Tower, No. 5, Lane 388, Zhongjiang Road, Putuo District, Shanghai 200062, China. All phone numbers, email addresses and other contact information remains the same.

About ReneSola

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

For investor and media inquiries, 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

SOURCE ReneSola Ltd.

RELATED LINKS
http://www.renesola.com

Sapiens is Considering a Public Offering in Israel of a New Series of Debentures

Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, today announced that it is considering a public offering in Israel of a new series of debentures.

(Logo: http://photos.prnewswire.com/prnh/20160803/395300LOGO )

Sapiens reported today to the Israel Securities Authority (“ISA”) and the Tel-Aviv Stock Exchange (“TASE”) that the Company is considering a public offering in Israel of a new series of debentures-Series B Debentures (the “Debentures”) – pursuant to a shelf prospectus that Sapiens filed today in Israel. If offered, the Debentures will be denominated in U.S. dollars.

Any such offering would require the filing of a supplementary shelf offering report, which itself is subject to certain approvals. The offering of Debentures would be made solely in Israel, pursuant to Regulation S under the U.S. Securities Act.

“Sapiens is always seeking to diversify its sources of financing in order to improve its financial flexibility,” said Roni Al-Dor, President and CEO of Sapiens. “This is part of our continuous effort to optimize our balance sheet and capital structure. We are looking to raise new long term debt which will also replace our current bank loan with longer maturity debt, and to lock in a long-term interest rate”.

Al-Dor added: “Our goal is to strengthen our balance sheet, to provide additional working capital to support our customers’ development needs and to continue to pursue M&A business opportunities we see ahead”.

About Sapiens 

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector. We offer core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, and retirement markets, as well as business decision management software. We have a track record of over 30 years in delivering superior software solutions to more than 400 financial services organizations. The Sapiens team of approximately 2,500 professionals operates through our fully-owned subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific. For more information: http://www.sapiens.com.

No Offering in U.S.

This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration under the Securities Act or an exemption from the registration requirements thereunder. Any offering of securities pursuant to the Israeli shelf prospectus filed by Sapiens and any supplemental shelf offering report will be made only in Israel to residents of Israel, will not be registered under the Securities Act and will not be offered or sold in the United States or to U.S. persons (as defined in Regulation S under the Securities Act), except pursuant to an applicable exemption from registration under the Securities Act.

Forward Looking Statement

Some of the statements in this press release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities and Exchange Act of 1934 and the United States Private Securities Litigation Reform Act of 1995. Words such as “will,” “expects,” “believes” and similar expressions are used to identify these forward-looking statements (although not all forward-looking statements include such words). These forward-looking statements, which may include, without limitation, projections regarding our future performance and financial condition, are made on the basis of management’s current views and assumptions with respect to future events. Any forward-looking statement is not a guarantee of future performance and actual results could differ materially from those contained in the forward-looking statement.

These statements speak only as of the date they were made, and we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. We operate in a changing environment. New risks emerge from time to time and it is not possible for us to predict all risks that may affect us. For more information regarding these risks and uncertainties, as well as certain additional risks that we face, please refer to the Risk Factors detailed in Item 3 of Part III of our Annual Report on Form 20-F for the year ended December 31, 2016, and subsequent reports and registration statements filed from time to time with the Securities and Exchange Commission.

Investor and Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Corporate Communications
Sapiens International
Mobile: +1-201-250-9414
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com

 

SOURCE Sapiens International Corporation

European Central Bank to Taper in September Says Capital Taiyo Trading

Capital Taiyo Trading have reported that the ECB President Mario Draghi’s speech in Portugal, was interpreted by many as a sign that the central bank could start tapering as early as September, which is earlier than expected.

Since his speech in June, the ECB has tried to calm down those expectations, because the bank wants to calm down expectations in order to prevent unwanted tightening of monetary conditions.

The ECB is in a very tough situation: Economic growth has been surprisingly strong, and the data shows full recovery in the near future, but inflation is nowhere close to target of below 2 percent. Headline inflation for June declined ever so slightly to 1.3 percent from 1.4 percent in May. This means that the ECB will continue to face little inflationary pressure.

“A significant drop in oil prices against the pick-up in bond yields and the strengthening of the euro have further deteriorated the ECB’s inflationary outlook, is what we have seen in recent weeks,” according to Mitsue Ippei, Head of Research & Analysis at Capital Taiyo Trading.

September will be an important month, as it may give markets a clear roadmap of what might happen to the asset purchase program next year. The majority of economic experts expect a six-month extension with a reduced volume.

The ECB wants to prepare the markets for an exit of their ultra-loose monetary policy as it is known now, without creating even greater distortions in the markets. “We were unanimous in setting no precise date for when to discuss changes in the future,” Draghi told a press conference in Frankfurt, Germany. “We simply said that our discussions should take place in the autumn.”

Mario Draghi explicitly said that the ECB did not yet have a tightening agenda in mind, he did say that by September it would have the necessary information needed to start discussions.

Capital Taiyo Trading

Capital Taiyo Trading is a leading wealth management company that is ready to help companies and individuals in achieving their financial goals. We are a team of devoted experts from various fields that collaborate to make sure your wealth is growing. We can deliver audit services, financial consultancy, advisory solutions, risk management strategies, tax, and other financial services.

Media Contact
Mr. Mitsue Ippei
mitsue.ippei@cttpartners.com
+81-3-4520-8072

Address

Grand Tower, 26F,
8-17-1, Nishi-Shinjuku Shinjuku-ku,
Tokyo 160-6129, Japan

Website
https://cttpartners.com/

SOURCE Capital Taiyo Trading

Sansan Raises US$38 Million in Series D Funding

Sansan Inc., Japan’s leading provider of cloud-based business card management services, announced today US$ 38 million (S$ 52 million) in Series D funding, with participation from new investor Future Creation Fund, which is backed by leading corporations such as Toyota Motor Corp and Sumitomo Mitsui Banking Corp. This round of funding also saw continued investment from global venture capitalist firm, DCM Ventures, and cloud-based customer relationship management (CRM) platform, Salesforce.com.

This new round of funding will support Sansan Inc.’s aggressive growth into new cities in Asiaincluding India, and extend its market dominance through its business card management services for professionals and corporates.

Eight for Professionals

Come September 2017, Sansan Inc. will introduce and market the English version of “Eight” to Asia. Eight is a business SNS (Social Network Service) to help professionals digitalise and manage their business cards data. Started in Japan in 2012, it is one of Japan’s largest business network based on business cards, with an established reputation for quick and accurate data registration that combines advanced scanning technology and manual input of business cards.

For Corporates 

In addition, Sansan Inc. plans to leverage the funds to accelerate its business card management service – known as Sansan – for corporate users and organisations. The business card management and sharing contact information service, has a wide and impressive portfolio of national and international corporate users, including the Japanese Government (METI), Intel, Japan Post, Mizuho Bank, SAP, Seven & i Holdings, Sumitomo Mitsui Banking Corporation, Tokyo Gas, and Toyota. Sansan expanded into Singapore in October 2015 and currently works with Singapore-based clients such as Ngee Ann Polytechnic.

This Series D funding of US$38 million is the largest amount raised in the company’s history. This brings the total to US$ 76 million (S$103 million), of which approximately 40% has come from investors outside of Japan.

About Fundraising Sources *In random order

Future Creation Fund (Minato-ku, Tokyo)
DCM Ventures(California, U.S.)
Salesforce.com Ventures (California, U.S)

About Business Card Application Eight

Eight is one of Japan’s largest business network based on business cards. It has an established reputation for quick and accurate data registration that combines advanced scanning technology and manual input of business cards. To facilitate usage of its business network that continues to expand daily through exchange of business cards, the app is equipped with features such as Feed, which enables business information to be exchanged; Message, for easy communications; and Profile, for expressing personal information not contained on a business card. After business cards have been exchanged, users can regularly share recent updates and information, and communicate with each other easily at any time.

About Sansan Service

Sansan’s unique cloud-based business card management solution helps companies to use the data in their business cards to enhance their business prospects, share and manage connections across geographies. Sansan currently has over 6,000 corporate users, and 81% market share in Japan (2016) and has been expanding its market into Singapore and Asia Pacific region under the concept of “Business Card Management for your company, Better teamwork and sales, start with a simple scan”.

About Sansan Inc.

Since its founding in 2007, Sansan has focused on delivering its cloud based contact management service to customers in Japan and beyond. Sansan is setting the standard in Japan for cloud-based contact management, with annually doubling numbers of users from over 6,000 premium corporate users including the Japanese Government (METI). Sansan Inc. is based in Tokyo, Japan and has its subsidiary Sansan Global PTE.LTD in Singapore since October 2015. The company began offering its business card app Eight in 2012. It has over 1.5 million registered users as a new business network that incorporates a social media framework to transform business cards into business connections.

Founded: June 11, 2007
URL: https://www.corp-sansan.com/
Address: Aoyama Oval Building, 13F, 5-52-2, Jingu-mae Shibuya-ku Tokyo 150-0001
Business scope: Planning, development, and sales of cloud-based business card management services
Sansan for business users: : https://sansan.com
Eight for individual users: https://8card.net

Logo – https://photos.prnasia.com/prnh/20170807/1914741-1logo

 

SOURCE Sansan Inc.

CONTACT: Serene Chow, (+65) 6235 4495, chows@RuderFinnAsia.com

RELATED LINKS
https://www.corp-sansan.com

Ping An Technology visits the US and attends Microsoft’s Hackathon for first time

At the invitation of Microsoft, a representative group of employees from Ping An Technology recently traveled to the US to take part in Microsoft’s Hackathon 2017, this year’s edition of the annual event where engineers, top programmers and developers worldwide compete in terms of their hacking abilities. The employees demonstrated the achievements being made by Chinese companies in general when it comes to technological innovation, while having a chance to share ideas with the best among IT talents from around the globe.

As the world’s largest hacking event, Hackathon 2017 attracted over 17,000 competitors from 84countries. With the aim of further improving the event’s visibility, Microsoft invited 5 external partners for the first time this year, including Ping An, which felt deeply honored to be the only Chinese company among the invitees. The employees from Ping An, winners of Ping An Technology’s first micro innovation competition, formed a team with five employees from Microsoft who gathered together and brainstormed on some new and innovative ideas.

The “contestants” were very busy during the competition. At the beginning, team members were assigned different tasks and cooperated closely with each other on the front-end product definition, configuration of functionalities as well as development of the back-end image recognition model and database settings, developing an AI (artificial intelligence)-based nutrition assistant app within 48 hours. The app can automatically identify foods and display the number of calories and the nutritional ingredients after a user take a photo of the food, assisting the user in managing their diet and live a more healthy life.

Ng Jon Tzen, chief strategy and innovation officer at Ping An Technology, said, “Innovation is not only about the concept, but about the ability at execution and the speed at which the execution task can be completed. The innovation abilities among Chinese developers is well recognized in terms of scale. We are very honored and proud to have a chance to share our approach to innovation with our global colleagues and learn from them. We are looking forward to further cooperation with partners from all over the world.”

After the competition, the Ping An team exhibited the final results of their efforts during the Hackathon’s work demonstration session, comparing it to a series of other completed projects, including a virtual reality game, a smart mirror, an AI-based false news detection system and a remote health management platform for patients with diabetes based on the cloud, the Internet of Things and AI. Many visitors watched and praised the work from the Ping An team. In addition, the team members visited Facebook’s and Google’s offices in Seattle, where they engaged in discussions on technological innovation with local employees.

As the incubator of Ping An Group, Ping An Technology’s approach to innovation is not only inspired by industry peers, but also by the world’s leading technology companies. The company has been quite innovative on several fronts, including hackathons, internal venture incubation, cooperation with external partners including tech companies as well as providing support for the nurturing of up and coming talent at universities and start-ups. The company holds the micro innovation competition every quarter with the themes of each event based on the hot business issues of the moment, attracting the participation of hundreds of employees.

About Ping An Technology

Ping An Technology, as the high-tech core business of Ping An Group, is responsible for managing the group’s key platforms and services, supporting the efficient growth of the group’s insurance, banking, investment and Internet businesses. The company, which also acts as the group’s technology incubator, possesses strong R&D abilities in cloud technologies, AI and big data. As Ping An Group has continued to grow, Ping An Technology has accumulated extensive experience in the three key sectors that drive the group’s business: technology, the Internet and finance. In terms of technology research and in creating an IT resource inventory, the company has more than 18 new advanced technologies and unique abilities when it comes to research and development in the area of AI, including micro-expression, image and voice recognition and semantic understanding. The company maintains a corporate philosophy that always places the customer first, backed up by a dedication to exploration and innovation and supplemented by a focus on corporate social responsibility and environmental protection. The company aspires to become the world’s leading financial technology company and, looking forward, to drive the “Technology Leads Finance” development model.

SOURCE Ping An Technology

CONTACT: Grace Chen, +86-21-3864-2313, chenci253@pingan.com.cn

Electronicsforu.com Launches Grab

Electronicsforu.com, one of the world’s leading websites for electronics enthusiasts and professionals, has launched a new section titled “Grab“. Through Grab, the website allows its audience to access the latest offers on electronics products and services. From t-shirts to development boards, from DIY kits to books on electronics — whichever items are “liked” by the electronicsforu.com team are made available through Grab with a special offer that’s exclusive to www.electronicsforu.com.

“We have received a tremendous response to this platform, which indicates that the Electronicsforu.com team has managed to put together an offering that was needed by our audience,” shared Ramesh Chopra, executive chairman, EFY Group.

In the initial phase, offers on products and services of organisations based out of India are being promoted. Gradually, the platform will be made available to global suppliers too. Grab is integrated with popular payment gateways and hence all popular modes of payments are acceptable here.

About Electronicsforu.com

The EFY Group’s first magazine, Electronics For You, or EFY, was launched in January 1969, when the Indian electronics industry was still at a nascent stage. Today, it has grown into South Asia’s most popular electronics magazine. In fact, EFY Group, which now owns a collection of media properties, has been named after this flagship brand.

The magazine’s goal is to keep the electronics fraternity updated with the latest in technology. It also keeps hobbyists busy with the circuit ideas and construction projects it features month after month. And it helps end consumers decide on which electronic product to buy when they enter a shopping mall. The DVD that accompanies each issue of this magazine carries a host of useful software and tools.

About EFY Group

Over the last four decades, the EFY Group has become synonymous with information on cutting-edge technology. The EFY Group’s first magazine, ‘Electronics For You’, or EFY, was launched in January 1969, when the Indian electronics industry was still at a nascent stage. Today, it has grown into South Asia’s most popular electronics magazine. In fact, EFY Group, which now owns a collection of media properties, has been named after this flagship brand. For more details, visit: http://www.efy.in.

SOURCE EFY Enterprises Pvt Ltd

CONTACT: Debdatta Basu, debdatta.basu@efy.in, 8447496924, Manager Marketing, EFY Enterprises Pvt Ltd

India Electronics Week 2018 Will Be at a More Central Location of Bengaluru

India Electronics Week 2018 will be held at KTPO, Whitefield from 7th Feb to 9th Feb, 2018. The shift from BIEC to KTPO is a strategic decision to move closer to the technology firms and institutions that dominate the Whitefield area. Unlike BIEC, the new venue is located near business and tech parks, and has lesser commute times from the centre of Bengaluru. Plus, the dates of IEW 2018 have been shifted to February too — as EFY’s team realised that being the year ending period, it becomes a challenge for decision makers to move out of their offices to attend technology events and trade shows.

“Based on the feedback from our visitors, we realised that for every decision maker who attends IEW, we lose out on two to three because of the time taken to commute to BIEC,” says Ramesh Chopra, Executive Chairman, EFY Group. “By shifting to BIEC, we expect to see a definite surge in the number of quality visitors to IEW. And, the fact that IOT remain one of the key highlights of IEW, and many IOT giants are based out of Whitefield, we expect it to be a super win-win for all.”

India Electronics Week is a mega show on electronics that focuses on promoting latest technologies and investments in India’s ESDM sector. IEW comprises of 5 majors shows being held together: IOTshow.inEFY Expo, LEDAsia.in, T&M Expo and EFY Conferences. 10,000-plus visitors attended the 2017 edition of IEW, which was held at BIEC in March 2017. The key strength that differentiates IEW from other electronics-related events is the fact that the show hosts India’s #1 conference of electronics-EFY Conferences. The conference alone accounted for 3,000+ delegates who benefited from talks of 150+ industry experts.

About EFY Group
Over the last four decades, the EFY Group has become synonymous with information on cutting-edge technology. The EFY Group’s first magazine, ‘Electronics For You’, or EFY, was launched in January 1969, when the Indian electronics industry was still at a nascent stage. Today, it has grown into South Asia’s most popular electronics magazine. In fact, EFY Group, which now owns a collection of media properties, has been named after this flagship brand. For more details, visit: http://www.efy.in.

SOURCE EFY Enterprises Pvt Ltd

CONTACT: Shrikant Rao, 8447496924, Sr Marketing Manager, EFY Group, Shrikant.rao@efy.in, +91-9818405956 OR +91-98111-55335

ELCINA-EFY Awards To Be Held on 14th September 2017

ELCINA-EFY AWARDS FOR EXCELLENCE IN ELECTRONICS HARDWARE MANUFACTURING & SERVICES will be held on 14th September, 2017 at the Hyatt Regency, New Delhi.

“This year, we celebrate the 50th anniversary of ELCINA, and hence we are committed towards taking the awards and its ceremony to the highest standards,” says Ramesh Chopra, executive chairman, EFY Group.

The Awards, instituted by ELCINA in 1976, were renamed “ELCINA-EFY AWARDS” in 2010, signalling the strategic partnership between ELCINA and EFY Group, a leading and well known publishing house on electronics with the objective to promote the industry and spread awareness about this sector. The Awards are widely publicized through the EFY Group publications.

Since last 40 years, ELCINA has been presenting these Awards to recognise the achievements of electronics/IT Hardware manufacturing (ESDM) companies in India. The key categories for these awards are:

1.      Research & Development

2.      Exports

3.      Quality

4.      Environment Management

5.      Business Excellence

6.      Entrepreneurial Excellence

7.      Special Award for SME’s for Excellence in Innovation

All Electronics/IT Hardware companies with manufacturing and/or technical design & services base  (such as Electronic Design of products, electronic circuits as well as test and certification) in India are eligible to apply for the Awards. Companies engaged in core R&D and / or Technical Support activities are also eligible to apply. In respect of Awards for R&D, Exports, Quality, Environment and Business Excellence there is a provision for two award categories, one for Large Industries and the other for Small & Medium Enterprises.  There is also a provision for 2 categories of Awards for Entrepreneurial Excellence, for new and existing companies, if so deemed fit by the Committee.

About EFY Group
Over the last four decades, the EFY Group has become synonymous with information on cutting-edge technology. The EFY Group’s first magazine, ‘Electronics For You’, or EFY, was launched in January 1969, when the Indian electronics industry was still at a nascent stage. Today, it has grown into South Asia’s most popular electronics magazine. In fact, EFY Group, which now owns a collection of media properties, has been named after this flagship brand. For more details, visit: http://www.efy.in.

SOURCE EFY Enterprises Pvt Ltd

CONTACT: Media Contact : Shrikant Rao, Shrikant.rao@efy.in, 8447496924, Sr Marketing Manager, EFY Group, +91-9818405956 OR +91-98111-55335

AfDB and African Ambassadors host 2nd Japan-Africa Business Forum in Tokyo

The 2nd Japan-Africa Business Forum was held in Tokyo on 25-26 July 2017 on the theme ‘Investment and Business Opportunities with Africa‘. The Forum was organized by the Bank’s Asia External Representation Office and African Diplomatic Corps (ADC) in Tokyo, in collaboration with Japan International Cooperation Agency (JICA), Japan External Trade Organization (JETRO) and United Nations Industrial Development Organization (UNIDO).

The Forum brought together AfDB Senior Staff, African Ministers, Japanese Government Officials, and Private sector from both Japan and Africa to discuss economic developments in Africa, focusing on business opportunities, and Africa’s development through business promotion. About 1,500 participants, including 400 viewers through live stream in Africa and Japan, participated in the forum, which also provided knowledge sharing and networking opportunities.

AfDB Senior Vice President, Charles Boamah, led the Bank’s delegation which included Jennifer Blanke, Vice President for Agriculture, Human and Social Development, and Amadou Hott, Vice President for Power, Energy, Climate Change and Green Growth. They attended series of encounters organized by the Japanese ministries of Finance, Foreign Affairs, Economy, Trade and Industry, as well as JICA, JETRO, United Nations University, and University of Sophia, among others.

The central theme of the Forum, ‘Investment and Business Opportunities with Africa‘ is aligned with the Bank’s High 5 priorities (Light up and power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the quality of life for the people of Africa). Each session focused on one element of the High 5 agenda, which the panelists discussed in relation to their sector. The Forum has two main objectives: to provide business stakeholders from Japan and Africa with new business ideas and opportunities; and to increase the number of matching opportunities between them to encourage Japanese companies to commit themselves to doing business and actively investing in Africa.

In a special video message aired during the Opening Session on July 25, AfDB President Akinwumi Adesina stressed the close relationship between the Bank and Japan, which is one of the strongest and most reliable Bank supporter, partner and stakeholder. “We wish to boost private sector-led growth in Africa and thus take a logical approach to attracting the enormous investments that we need to make to accelerate Africa’s development,” Adesina said.

The first Forum was held in June 2014, one year after the Fifth Tokyo International Conference on African Development (TICAD V) with the goal of contributing to further enhancement of the business partnerships between Japan and Africa. At TICAD V, Japan and African countries in attendance identified the “promotion of private sector-led economic growth” as a priority agenda item and recognized the important role of Japan in contributing to the growth and development of Africathrough business activities. TICAD VI was held for the first time in Africa in Nairobi, Kenya, in August 2016Japan pledged US $30 billion public and private support for Africa over the next three years to boost infrastructure development in the continent. It attracted a high level of interest among Japanese business executives. There were great expectations toward accelerating the promotion of private sector-led economic growth, a key agenda identified at TICAD V (2013). In this context, the timing to host the Second Forum in 2017, one year after TICAD VI, was considered appropriate to maintain and further boost high level interest within the Japanese community.

During the Forum, 118 business matchings between Japanese and African companies were held successfully, 90 companies in total participated. There was one success story – Burkina Faso’s ZIL Telecom and the Japanese Lequio Power Technology Corporation signed a Sales and Distribution contract for West Africa during the meeting.

SOURCE African Development Bank (AfDB)

Landing Jeju Development and Four Seasons Hotels and Resorts Announce Plans for Four Seasons Resort Jeju Island at Jeju Shinhwa World, South Korea

Landing Jeju Development Co., Ltd. (LJDC), a wholly owned subsidiary of Landing International Development Limited (HKSE 582) and the developer and operator of Jeju Shinhwa World, and Four Seasons Hotels and Resorts, the world’s leading luxury hospitality company, today jointly announced plans to launch a luxury Four Seasons resort in the heart of Jeju Shinhwa World.

Conveniently located just one hour from Seoul by plane, Jeju Island is home to some of Korea’s most spectacular natural wonders, including multiple UNESCO sites, an expansive network of underground lava caves, thundering waterfalls, lush coastal hiking trails and the highest mountain peak in all of Korea. A year-round destination for travel with friends and family, Jeju Island also hosts the world-class Jeju Food & Wine Festival and offers a colourful array of local cuisine.

The first of its kind on the island, Jeju Shinhwa World will be one of Korea’s most dynamic resort developments, encompassing high-end hotel facilities including the world-class Four Seasons Resort, upscale resort condominiums and villas, and retail space for international and K-fashion brands. The integrated development will also feature an array of entertainment options including a waterpark, theme park, international-style casino and K-pop entertainment centre.

“Jeju Shinhwa World is set to be one of the most popular leisure and entertainment destinations in north-east Asia. We are honoured to have Four Seasons as a luxury hotel brand in our accommodation offering. As a world-class luxury hospitality company, I am confident that Four Seasons will offer distinguished guests a premium hospitality experience at Jeju Shinhwa World.” says Yang Zhihui, Chairman and Executive Director of Landing International Development Limited. “Jeju attracted close to 16 million visitors in 2016, and tourism is expected to continue to grow with a strong momentum for many years to come. We believe with its world-class products and service quality, Four Seasons will enhance the hospitality offerings in Jeju and further strengthen Jeju Shinhwa World’s market position as a desired tourist destination in Jeju.”

“Korea is an important market for luxury leisure and business travellers. We are pleased to be extending our presence with a new resort experience on Jeju Island to complement our urban property in Seoul,” says J. Allen Smith, President and CEO, Four Seasons Hotels and Resorts. “Landing International has an incredible vision for Jeju Shinhwa World. We look forward to working in partnership with them to create a world-class Four Seasons resort on Jeju Island, offering yet another destination in Korea for local and international travellers to experience the personalized service and thoughtful attention to detail that define Four Seasons.”

Four Seasons Resort Jeju Island at Jeju Shinhwa World, South Korea will include approximately 240 lavishly furnished guest rooms, suites and exclusive villas, with a variety of tailor-made restaurants and bars from which to choose. The Resort will be equipped with state-of-the-art facilities for intimate weddings and prestigious corporate events, as well as a luxurious spa, designed in the style of a traditional Korean tea house.

Jeju Shinhwa World has been opening in phases since the beginning of 2017. It will be one of Korea’s most exciting and prestigious world-class integrated leisure and entertainment resorts.

About Jeju Shinhwa World

Jeju Shinhwa World will be Jeju’s first premium integrated resort, spanning an area of approximately 2.5 million square metres (26.9 million square feet). Opening progressively from the beginning of 2017, Jeju Shinhwa World will offer world-class hospitality, leisure, entertainment and gaming facilities including a theme park offering many thrill rides and attractions in different zones themed after the world’s myths and legends, an adventure water park and a destination spa, as well as Jeju’s first retail and food and beverage complex. The project will incorporate a series of premium hotels offering more than 2,000 rooms, ranging from family-oriented guest rooms to ultra-luxurious exclusive villas. Full meeting and conference facilities suitable for regional and international MICE (meetings, incentives, conventions and events) are also readily available to meet the most demanding business needs. For more information, visit www.shinhwaworld.com.

About Landing International

Landing International is a limited company listed on the Main Board of Hong Kong Stock Exchange and also a constituent stock of the Hang Seng Family of Indexes. The Company and subsidiaries are principally engaged in the development operation of integrated leisure and entertainment resorts, gaming clubs, entertainment facilities and property development under its own “Landing 藍鼎” and “Les Ambassadeurs or Les A 利陞” brand names.

Landing International, through its subsidiary Landing Jeju Development Co., Ltd, is currently developing “Jeju Shinhwa World 濟州神話世界”, a 2.5 million square metre (26.9 million square foot) integrated leisure and entertainment destination resort in Jeju, which will be Jeju’s first premium integrated resort. It will offer its visitors many world-class hospitality, leisure, entertainment and gaming facilities including a theme park offering many thrill and adventure rides, an adventure water park, more than 2,000 premium hotel rooms, luxury resort condominium villas, leisure and entertainment amenities, as well as Jeju’s largest retail and food beverage complex.

Landing International also owns Les Ambassadeurs Club, a leading premium gaming club in London, United Kingdom with 45 gaming tables offering a variety of casino games including American roulette, baccarat, blackjack and three card poker. It also has several featured private VIP rooms and the largest outdoor gambling zone in London. For more information, visit www.landing.com.hk.

About Four Seasons Hotels and Resorts

Founded in 1960, Four Seasons Hotels and Resorts is dedicated to perfecting the travel experience through continual innovation and the highest standards of hospitality.  Currently operating 105 hotels, resorts and residences in major city centres and resort destinations in 43 countries, and with more than 50 projects under planning or development, Four Seasons consistently ranks among the world’s best hotels and most prestigious brands in reader polls, traveller reviews and industry awards. For more information and reservations, visit fourseasons.com. For the latest news, visit press.fourseasons.com and follow @FourSeasonsPR on Twitter.

Laura Schlecht
Vice President, HL Group
350 Madison Avenue, 17th Floor
New York, New York
lschlecht@hlgrp.com
646-460-8922

SOURCE Four Seasons Hotels and Resorts

RELATED LINKS
http://www.fourseasons.com

Persistent Systems Recognized for IoT Technology Competency in ‘Zinnov Zones 2017 – IoT Technology Services’ Report

Company rated Established & Expansive for overall IoT competency and placed in leadership zones for Platform and Application CompetencyBig Data Management and Analytics Services

In its just released report ‘Zinnov Zones 2017 for IoT Technology services,’ Zinnov Management Consulting positions Persistent Systems (BSE & NSE: PERSISTENT) among the leading players for its IoT competency. Persistent is also placed in the leadership zones for ‘Platform and Application Competency’, ‘Big Data Management’ and ‘Analytics Services’.

 

The ‘Zinnov Zones 2017 for IoT Technology services,’ is an annual study to help business leaders select the best partner across geographies, as they spearhead global IoT initiatives. The rating is based on key parameters including innovation, capabilities, financials, human capital, ecosystem linkages, infrastructure, maturity and diversity of services, scale, and diversity across verticals. For additional details, please visit https://www.slideshare.net/zinnov/zinnov-zones-for-iot-services

The Zinnov ranking further demonstrates Persistent’s strength in the market.

Sanjeev Srivastav, Senior Vice President, IoT Business, said, “ The Persistent Flywheel framework is accelerating development and adoption of IoT systems by focusing on end-to-end solutions including aspects like ecosystem development and monetization. Our ‘Zero to Live in a Turn of the Flywheel’ approach brings agility to IoT development. Persistent’s dedicated focus on IoT products, solutions and services helps provide a full spectrum of engagement models including product licensing, solution development and managed services and in turn bring accelerated value to our customers.”

Sidhant Rastogi, Partner & Practice Head, Zinnov, said, “With a strong partner ecosystem, IP strategy and unique strengths in key technology areas, Persistent has established a position among the leading players in IoT Technology services. Persistent is strongly positioned for the second year in a row because of its expertise in Cognitive IoT, Machine Learning, Continuous Engineering, IoT monetization and API management.”

Additional Resources and Information:

About Zinnov:

Zinnov was founded in 2002, with presence in Bangalore, Gurgaon, Silicon Valley, and Houston. Since its inception, Zinnov has built in-depth expertise in Product Engineering and Digital Transformation. With a strong foundation in Research and Strategy Consulting they enable their clients to accelerate growth and create efficiencies through innovation, productivity, technology, networked economies and cost savings. They work with clients in the software, automotive, telecom & networking, consumer electronics, storage, healthcare, financial services & retail, and semiconductor verticals in US, Europe, Japan and India.

For any further media queries, please contact Nitika Goel at media@zinnov.com

About Persistent Systems: 

Persistent Systems (BSE & NSE: PERSISTENT) builds software that drives the business of our customers; serving software product companies and enterprises with software at the core of their digital transformation.

Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit: https://www.persistent.com/FLCS

Media Contacts:

Akshata Datar
Text100
+91-9867507599
akshata.datar@text100.co.in

Isha Kulkarni
Persistent Systems
+91-7350521177
isha_kulkarni@persistent.com

Ken Montgomery
Persistent Systems (US)
+1-949-939-5164
ken_montgomery@persistent.com

SOURCE Persistent Systems

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