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Hexaware Technologies Ltd, the fastest growing automation-led, next-generation provider of IT, BPO and consulting services, today announced a strategic partnership with Zynx Health, part of the Hearst Health network and a market leader in providing evidence and experience-based clinical improvement solutions.

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The announcement highlights Hexaware’s ongoing efforts to create a next-generation population health management platform that spreads across the entire continuum of care and enables providers, payers and employers to deliver better health outcomes.

“The current status quo of a reactive healthcare system based on episodic acute care is ripe for disruption,” said Milan Bhatt, Global Head of Healthcare, Hexaware Technologies. “We believe that no single vendor in the current healthcare IT market meets all the requirements of population health management. Our endeavor is to partner with innovators like Zynx Health to help providers to deliver better health outcomes by effectively identifying and engaging at-risk patients, designing personalized programs and eliminating care gaps.”

The collaboration will involve the integration of Zynx Health’s managed care services for evidence-based and vital interventions, clinical workflows and care-coordination with Hexaware’s CarrotCubepopulation health management platform.

“Hexaware is driven by a mission to ensure payers, providers, employers and wellness platforms can successfully cross the chasm from fee for service to pay for value,” said Zynx Health President, Kevin Daly. “We are pleased that Hexaware recognized the value of integrating Zynx content into the CarrotCube platform to guide all disciplines in the care planning process and ensure compliance with current evidence-based best practices. We look forward to working together to help providers deliver better health outcomes.”

About Hexaware

Hexaware is a fast growing IT, BPO and Consulting Company focusing to help customers Shrink IT to eliminate costs and improve delivery of commodity IT, using automation and technology.

http://www.hexaware.com.

About Zynx Health

Please visit http://www.zynxhealth.com

About Hearst Health

The Hearst Health network includes FDB (First Databank), Zynx Health, MCG, Homecare Homebase, MedHOK, Hearst Health International, Hearst Health Ventures and the Hearst Health Innovation Lab (http://www.hearsthealth.com). Its mission is to help guide the most important care moments by delivering vital information into the hands of everyone who touches a person’s health journey.

Safe Harbor Statement

http://hexaware.com/investors/

Contact:
Sreedatri Chatterjee
sreedatric@hexaware.com

 

SOURCE Hexaware Technologies Ltd.

Cadence Full-flow Digital and Signoff and Verification Suite Optimized to Support Arm Cortex-A75 and Cortex-A55 CPUs and Arm Mali-G72 GPU

Highlights:

– Cadence delivers 7nm-ready RAKs for the development of Arm-based designs

– RAKs provide an optimized RTL-to-GDS flow, enabling designers to get to market faster using Arm IP

– Cadence Verification Suite has been optimized for Arm-based designs to increase verification productivity

Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced that its full-flow digital and signoff tools and the Cadence® Verification Suite have been optimized to support Arm® Cortex®-A75 and Cortex-A55 CPUs, based on Arm DynamIQ™ technology, and the Arm Mali™-G72 GPU, the latest offerings from Arm for premium mobile, machine learning, and consumer devices. To accelerate the adoption of Arm’s latest processors, Cadence delivered new 7nm-ready Rapid Adoption Kits (RAKs) for the Cortex-A75 and the Cortex-A55 CPUs, which include the DynamIQ Shared Unit (DSU) that provides a shared level 3 cache between the CPUs, and a 7nm-ready RAK for the Mali-G72 GPU.

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Customers are already using the complete digital and signoff flow and the Cadence Verification Suite to tape out complex systems-on-chip (SoCs) containing the latest Arm Cortex and Mali processors. To learn more about the Cadence full-flow digital and signoff solutions that support the Cortex-A75, Cortex-A55, and Mali-G72 processors, please visit http://www.cadence.com/go/dandsarmraks7nm. For more information on the Cadence Verification Suite that enables Arm-based designs using the Cortex-A75, Cortex-A55 and Mali-G72 processors, please visit http://www.cadence.com/go/vsuitearm7nm.

The Cadence RAKs accelerate physical implementation, signoff, and verification of 7nm designs, allowing designers to deliver mobile and consumer devices to market faster. With the delivery of the new RAKs, Cadence is also providing specialized technical support for Arm IP implementation based on the deep collaboration between Arm and Cadence over many years.

The Cadence digital and signoff tools have been configured to provide optimal power, performance and area (PPA) results using the RAKs, which include scripts, an example floorplan, and documentation for Arm’s 7nm IP libraries. The comprehensive Cadence RTL-to-GDS flow incorporates the following digital and signoff tools in the RAKs:

– Innovus™ Implementation System: Statistical on-chip variation (SOCV) propagation and optimization results in improved timing, power, and area closure for 7nm designs

– Genus™ Synthesis Solution: Register-transfer level (RTL) synthesis supports all the latest 7nm advanced-node requirements and provides convergent design closure using the Innovus Implementation System

– Conformal® Logic Equivalence Checking (LEC): Ensures the accuracy of logic changes and engineering change orders (ECOs) during the implementation flow

– Conformal Low Power: Enables the creation and validation of power intent in context of the design, combining low-power equivalence checking with structural and functional checks to allow full-chip verification of power-efficient designs

– Tempus™ Timing Signoff Solution: Offers path-based, signoff accurate and physically aware design optimization, providing the quickest path to tapeout

– Voltus™ IC Power Integrity Solution: Static and dynamic analysis used during implementation and signoff ensures optimal power distribution

– Quantus™ QRC Extraction Solution: Fulfills all 7nm advanced-node requirements to ensure accurate correlation to final silicon

“The Cortex-A75 and Cortex-A55 CPUs deliver distributed intelligence from edge-to-cloud, and pairing them with the Mali-G72 GPU enables consumers to experience stunning graphics efficiently across multiple devices,” said Nandan Nayampally, Vice President and General Manager, Compute Products Group, Arm. “By continuing to collaborate with Cadence on the delivery of new digital implementation and signoff RAKs along with optimization of the Cadence Verification Suite, our mutual customers can quickly integrate and augment their differentiated solutions for next-generation devices.”

The Cadence Verification Suite that has also been optimized for Arm-based designs includes:

– JasperGold® Formal Verification Platform: Enables IP and subsystem verification including formal proofs for Arm AMBA® protocols

– Xcelium® Parallel Logic Simulation: Provides production-proven multi-core simulation accelerating SoC development and validation of Arm-based designs

– Palladium® Z1 Enterprise Emulation Platform: Includes hybrid technology that is integrated with Arm Fast Models for up to 50X faster OS and software bring-up and up to 10X faster software-based testing in addition to Dynamic Power Analysis technology for low power

– Protium™ S1 FPGA-Based Prototyping Platform: Integration with the Palladium Z1 enterprise emulation platform combined with Arm DS-5 provides pre-silicon embedded software debug

– vManager™ Planning and Metrics: Metric-driven verification across the JasperGold platform, Xcelium simulation, Palladium Z1 platform and Cadence VIP solutions for Arm-based SoC verification convergence

– Perspec™ System Verifier: Provides software-driven use-case verification with the PSLib for Armv8 architectures, delivering up to 10X productivity improvement versus typical manual test development

– Indago™ Debug Platform: RTL design, Testbench and embedded software debug capabilities synchronized with Arm CPUs for accurate combined views of hardware and software

– Cadence Verification Workbench: Integrates with Arm Socrates™ packaged Armv8 IP and VIP for fast SoC integration and UVM Testbench assembly

– Cadence Interconnect Workbench: Provides fast performance analysis and verification of Arm CoreLink™ interconnect intellectual property (IP)-based systems in combination with Xcelium simulation, the Palladium Z1 platform, and Cadence Verification IP

– Verification IP Portfolio: Enables IP and SoC verification including Arm AMBA interconnect, supporting Xcelium simulation, the JasperGold platform, and the Palladium Z1 platform

“We worked closely with Arm to optimize our advanced digital implementation and signoff solutions and our verification solutions for the new Arm CPUs and GPU so our customers can efficiently create 7nm mobile and consumer designs,” said Dr. Anirudh Devgan, Executive Vice President and General Manager of the Digital & Signoff Group and the System & Verification Group at Cadence. “Designers using the RAKs and the Cadence Verification Suite can benefit from improved PPA and reduced project times, while creating the most advanced Arm-based products.”

About Cadence

Cadence enables electronic systems and semiconductor companies to create the innovative end products that are transforming the way people live, work and play. Cadence® software, hardware and semiconductor IP are used by customers to deliver products to market faster. The company’s System Design Enablement strategy helps customers develop differentiated products-from chips to boards to systems-in mobile, consumer, cloud datacenter, automotive, aerospace, IoT, industrial and other market segments. Cadence is listed as one of Fortune Magazine’s 100 Best Companies to Work For. Learn more at http://www.cadence.com .

© 2017 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at http://www.cadence.com/go/trademarks  are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners. AMBA, Arm, CoreLink, Cortex, DynamIQ, Mali and Socrates are trademarks or registered trademarks of Arm (or its subsidiaries) in the EU and/or elsewhere. All other trademarks are the property of their respective owners.

Media Contact:
Cadence Newsroom
newsroom@cadence.com
+1-408-944-7039

Madhavi Rao
Marketing Director, Cadence Design Systems
rmadhavi@cadence.com
+91-80-41841111

SOURCE Cadence Design Systems (India) Pvt. Ltd.

Digital Utility Market Worth 244.31 Billion USD by 2022

The report Digital Utility Market by Network (Generation, Transmission and Distribution, and Retail), Technology (Hardware and Integrated Solutions [Cloud and Software, Services]), and Region (North AmericaEurope, and Asia-Pacific)Global Forecast to 2022, published by MarketsandMarkets™, the Digital Utility Market is expected to grow from an estimated USD 135.16 Billion in 2017 to USD 244.31 Billion by 2022, at a CAGR of 12.57%, from 2017 to 2022. The global market is set to witness a significant growth due to the increase in distributed and renewable power generation projects and regulatory requirements for electric utilities.

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Browse 63 Market Data Tables and 35 Figures spread through 144 Pages and in-depth TOC on Digital Utility Market

http://www.marketsandmarkets.com/Market-Reports/digital-utility-market-230978516.html

Early buyers will receive 10% customization on this report

The transmission and distribution segment is expected to hold the largest share of the Digital Utility Market, by network, during the forecast period.

The transmission and distribution subsegment of the network segment led the Digital Utility Market in 2016 and is projected to dominate the market during the forecast period. However, the retail segment is expected to grow at the fastest rate during the forecast period.

The growth of the transmission and distribution segment is primarily driven by aging infrastructure in the power utilities industry. New digital devices and communications and control systems improve the efficiency of assets and increase the ability of operators to monitor and manage electric transmission and distribution systems. This would ultimately create new revenue pockets for the Digital Utility Market during the forecast period.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=230978516

The hardware subsegment is expected to hold the largest share of the Digital Utility Market, by technology, during the forecast period.

The hardware subsegment of the technology segment led the Digital Utility Market in 2016 and is projected to dominate the market during the forecast period. However, the integrated solutions segment is expected to grow at the fastest rate during the forecast period.

The hardware segment includes all the tangible aspects of the Digital Utility Market. It covers equipment, from smart meters to smart transformers and all the products of a digital substation. It also encompasses all the components that make conventional equipment smart, such as sensors, smart thermostats, and programmable logic controllers, among others. Hardware generally costs more than other digital solutions and services and, hence, the segment accounts for a larger share of the market.

North America: The leading market for digital utility

In this report, the Digital Utility Market has been analyzed with respect to six regions, namely, North AmericaSouth AmericaAsia-PacificEuropeMiddle-East, and Africa. The market in North Americaled the global Digital Utility Market in 2016.

The utilities in North America have been undergoing a digital transformation for the past several years. Utility providers in the region are focused on the upgradation of power infrastructure through digital technologies such as smart meters and smart grids, among others. The U.S. government launched the Smart Grid Investment Grant (SGIG) program for smart grid development. There was an investment of USD 118.5 billion, in 2016, in smart cities in the region; this is expected to increase to USD 244.5 billionby 2021. Hence, the North American market presents a greater opportunity for the Digital Utility Market.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=230978516

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the Digital Utility Market. The key players include Accenture plc (Ireland), Cap Gemini S.A. (France), General Electric Company (U.S.), Siemens AG (Germany), SAP SE (Germany), and International Business Machines Corporation (U.S.), among others. The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.

Browse Related Reports:

Utility Communication Market by Technology Type (Wireless (RF Mesh, Mobile Network), and Wired (Power Line Carrier, Optic Fiber, Ethernet), Utility Type, and Oilfield Communications (Network Type) – Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/utility-communication-market-79991490.html

Virtual Power Plant Market by Enabling Technology (Demand Response, Distributed Generation, and Mixed Asset), End-Use Customer (Commercial & Industrial, and Residential), and by Region – Global Trends & Forecasts to 2021

http://www.marketsandmarkets.com/Market-Reports/virtual-power-plant-market-173730863.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.

Contact:
Mr. Rohan
MarketsandMarkets™
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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/energy-and-power

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

SOURCE MarketsandMarkets

GSR Capital Acquires Nissan’s Battery Business

Today, GSR Capital (“GSR”) announced that it has entered into a definitive sale and purchase agreement with Nissan Motor Co., Ltd. (“Nissan”) for the sale of Nissan’s electric battery operations and production facilities to GSR.

The acquisition covers Automotive Energy Supply Corporation (“AESC”), Nissan’s battery manufacturing operations in the US and UK, and part of Nissan’s battery development and engineering operations based in Japan.

Nissan’s battery operations comprise the full value chain from research & development, cell manufacturing, module/ pack assembly, and battery management systems. AESC’s lithium-ion batteries already power more than 270,000 Nissan LEAF vehicles, the best-selling electric vehicle in the world, with over 3.6 billion kilometers driven without a single critical incident since its introduction in 2010. Its manufacturing processes are also highly efficient with consistent high yields across its three plants. GSR aims to grow AESC as a pure-play battery supplier to Tier 1 automotive OEMs globally and will be selecting key local partners for expansion in Europe and China.

Sonny Wu, Chairman of GSR Capital, added: “The acquisition of AESC represents an important step for us in the new energy vehicle industry chain. We plan to further invest in R&D, expand existing capacities in the U.S., U.K., Japan, and also establish new facilities in China and Europe to better serve global customers with our global supply chain capabilities and safety first engineering DNA.”

“We are also particularly impressed with the track record and capabilities of the senior management team and employees. GSR is eager for the continued leadership of the current executive team to drive forward the long term success of the business. We are also offering continued employment to the company’s employees and also are seeking ways to expand employment opportunities in the communities in which the business operates. We are committed to not causing any changes to the current workforce, nor will we seek to close or relocate any sites and there will be no job losses caused by this transition.”

GSR will be joined by other limited partners including Hong Kong private investment firms, Hong Kong conglomerates and other industrial investors in making this acquisition.

Following the completion of the transaction, GSR intends to expand the scale of existing production facilities in Japan, UK and the US to cater to new customers. GSR also intends to open new production facilities in China, enabling AESC to serve the fast-growing Chinese market for electric vehicle batteries and stationary lithium-ion batteries. This will provide AESC a unique presence in all major automotive markets globally, differentiating itself from its key competitors.

Today’s announced transaction is subject to normal consultation with staff representative bodies and successful completion of pending regulatory approvals.  The transaction is contingent on GSR concluding purchase of all shares in NEC Energy Devices, Ltd. from NEC Corporation. Financial terms have not been disclosed.

About GSR Capital

GSR Capital is a leading private investment fund with offices in BeijingHong Kong and Palo Alto. The firm focuses on investments in high growth sectors in electric vehicles, new energy, modern agriculture, healthcare and wireless technologies.
http://www.gsrcapital.com/en

Contact

Jeffrey Fanlong Meng
jeff@gsrcapital.com

Chelli Chan
chelli@gsrcapital.com

About Nissan Motor Co., Ltd.

Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, Infiniti and Datsun brands. In fiscal year 2016, the company sold 5.63 million vehicles globally, generating revenue of JPY11.72 trillion. Nissan engineers, manufactures and markets the world’s best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan, manages operations in six regions: ASEAN & Oceania; AfricaMiddle East & IndiaChinaEuropeLatin America and North America. Nissan has a global workforce of 247,500, and has been partnered with French manufacturer Renault under the Renault-Nissan Alliance since March 1999. In 2016 Nissan acquired a 34% stake in Mitsubishi Motors, which became the third full member of the Alliance – a grouping with combined annual unit sales of almost 10 million units a year.

SOURCE GSR Capital

CONTACT: Bian Li, +86-18621363816, li.ban@merlionpr.com

Indonesian Gen Y finance professionals loyal to their employers

A new study launched today by the Asian Institute of Finance (AIF) reveals that over three-quarters (76%) of Gen Y professionals in the Indonesian financial services industry (FSI) expect to remain with their current employer for at least 10 years or more. This bucks the global trend where evidence suggests that Gen Y employees are likely to change jobs more frequently than preceding generations.

The AIF study, entitled Gen Y in the Workplace: a Perspective from Indonesia, aims to explore the workplace attitudes, expectations and aspirations of Gen Y finance professionals in Indonesia. More than 200 Gen Y professionals and their managers from across banking, insurance and capital market organisations in Indonesia were surveyed.

Out of an active labour force of 121 million in Indonesia, it is estimated that 48 million will comprise of Gen Y and this is the fastest growing segment. A clear understanding of Gen Y motivations and priorities and how they compare to current management practices, will allow employers to engage more effectively with this generation of workers.

The study findings suggest that there are generational differences between what Indonesian Gen Y finance professionals and their managers’ value and how they engage in the workplace. Career advancement is the most important workplace objective for Gen Y finance professionals and their managers appear to recognise this. However, managers seem unaware of the significance of remuneration as a driver for Gen Y, believing instead that Gen Y professionals prioritise self-actualisation in terms of using their abilities and knowledge in the workplace.

President Director of CIMB Niaga, Tigor M. Siahaan said, “Gen Y’s passion for the latest technologies motivates CIMB Niaga to continue innovating and developing digitally-based products and services to meet our aspiration of becoming the digital banking leader in Indonesia. We are also growing a community of young individuals at CIMB [X] who are looking at how the banking and financial technology (fintech) ecosystem can be better integrated. This new AIF study should provide useful insights into Gen Y finance professionals in Indonesia.”

Dr Raymond Madden, CEO of the Asian Institute of Finance said, “We hope that this report can provide data-driven insights on Gen Y for Indonesian financial services organisations to benchmark their talent strategies competitively.”

To download a copy of the report, visit www.aif.org.my.

About the Asian Institute of Finance

Asian Institute of Finance (AIF) is a think tank jointly established by Bank Negara Malaysia and the Securities Commission Malaysia to enhance human capital development and talent management across the financial services industry in Asia.

The Institute believes in the importance of attracting, developing and retaining talented individuals towards ensuring the development and sustainability of the industry. It advocates these principles via domestic and regional alliances with industry, multilateral organisations and applied research institutes with the sole aim of researching and producing thought leadership on human capital and talent management.

AIF works closely with our Affiliate Institutes, namely Asian Banking School, Asian Institute of Chartered Bankers, Chartered Institute of Islamic Finance Professionals, Islamic Banking and Finance Institute Malaysia, The Malaysian Insurance Institute and Securities Industry Development Corporation, through our research, thought leadership, professional standards and capacity building initiatives.

For more information, please visit www.aif.org.my.

Media Contact:

Juli Murshidah
+60-12-278-9651
juli@aif.org.my

SOURCE Asian Institute of Finance

RELATED LINKS
http://www.aif.org.my

OTA Insight to Provide Innovative Rate Intelligence Tools for Best Western® Hotels & Resorts

Best Western Hotels & Resorts has selected OTA Insight to provide its industry-leading revenue maximisation tools to its global business.

OTA Insight’s innovative rate intelligence platform will help drive Best Western®’s revenue strategy by supplying real-time dashboard and benchmarking tools to increase profitability. Best Western will benefit from OTA Insight’s state-of-the-art rate parity and online visibility tools. The solution will enable Best Western to monitor locally targeted online travel agency promotions and help ensure the best rate is always available on Best Western’s direct hotel website.

As part of the partnership, Best Western will also have access to OTA Insight’s latest development, a ground-breaking new parity dashboard within the platform that will allow global chains to streamline and effectively manage pricing across all channels and properties from a head office level. The dashboard will help Best Western monitor rate parity and, in turn, work with individual properties to alleviate any pricing challenges.

OTA Insight’s intuitive rate parity and online visibility tools will be used to monitor Best Western’s portfolio of hotels around the world, including global brands: Best Western, Best Western Plus®, Best Western Premier®, Vīb®, GLō®, BW Premier Collection® and Executive Residency by Best Western®.

“We’re looking forward to introducing our rate management tools to another globally recognised hotel group,” said OTA Insight CEO and Founder Adriaan Coppens. “I am thrilled to be collaborating with Best Western to help deliver more profitable revenue strategies thanks to the support of our technology. Best Western Hotels & Resorts will benefit from our clever rate parity tool and brand new parity dashboard to monitor live pricing, solve rate issues and execute pricing strategies accordingly.”

“Following an extensive search for a partner who could meet our needs, we determined that OTA Insight would provide us with a dynamic market-leading data analytics solution,” said Best Western Hotels & Resorts Senior Vice President and Chief Operations Officer Ron Pohl. “The platform allows us to monitor data in real-time to stay ahead of competitors in this complex and fast-paced online distribution space. We’re very excited about the potential of this partnership with OTA Insight as we strive to optimize distribution and deliver higher RevPAR to our hotels.”

OTA Insight provides accommodation revenue management tools including an innovative cloud-based revenue maximisation solution for hotels, resorts, apartments, hostels and accommodation businesses across the globe. The company’s industry-leading tools are built on the latest business intelligence and data technologies. The dashboard and reporting function ensures that accommodation businesses can maximise occupancy and are always competitively priced.

For more information on OTA Insight visit http://www.otainsight.com .

SOURCE OTA Insight

CONTACT: Siren Communications: +44(0)20-7759-1150, Emma Wayman – emma.wayman@sirencomms.com, Stacey Stockwell – stacey.stockwell@sirencomms.com

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

Widespread interest from IOCs and global investors in world-class concession opportunity

Concession will be split into two or more new concessions to create greater value and increase partnership opportunities

Announcement actions ADNOC’s new partnership approach that targets market access, long-term capital and technological expertise to deliver smart growth

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: http://www.adnoc.ae .

For further information:
media@adnoc.ae

Sharmilee Padhi
sharmilee.padhi@bm.com
+91-9873906441
Genesis Burson-Marsteller

SOURCE Abu Dhabi National Oil Company (ADNOC)

High Growth Expected for Modular, Battery-based Energy Storage Systems as Utilities Target Energy Goals, finds Frost & Sullivan

Utilities are increasingly demanding that the life of battery-based energy storage systems (BESS) be extended to 10 years so they can obtain sizeable returns on their investment. Battery manufacturers currently offer five years and are making concerted efforts to enhance the durability of BESS as well as provide value-added services such as warranty and operations and maintenance contracts. In addition to higher energy efficiency, manufacturers are focusing on offering modular systems to help utilities achieve their environmental targets.

“Battery manufacturers are working toward providing modular, containerized systems that can be easily transported and quickly installed,” said Frost & Sullivan Energy & Environment Principal Consultant Suchitra Sriram.

“These modular systems will also be able to withstand higher temperatures and work under extreme physical conditions. Moreover, manufacturers are acknowledging the need to offer modularity in terms of battery sizing to meet diverse application needs,” she added.

Battery Energy Storage Systems for Grid Applications in Asia-Pacific, Forecast to 2021 is part of Frost & Sullivan’s Energy Storage Growth Partnership Subscription. The key objective of the study is to understand the dynamics of the utility-scale, grid-connected BESS market for utility application. The study covers the geographic markets of India, mainland ChinaSoutheast Asia (VietnamIndonesiaThailandMalaysiathe PhilippinesSingaporeMyanmar), East Asia (JapanTaiwanSouth Korea) and AustraliaNew Zealand.

Click here for complimentary access to more information on this analysis and to register for a Growth Strategy Dialogue, a free interactive briefing with Frost & Sullivan’s thought leaders.

The most successful companies in the Asia-Pacific BESS market are those with a strong local presence. Battery manufacturers are finding increasing value in partnering with System Integrators (SIs) all along the value chain in order to entrench themselves in the market and offer robust value to clients. As SIs act as a bridge between utilities and vendors, these partnerships are inevitable and help vendors establish a direct relationship with utilities.

Over the next three to five years, the markets with the biggest opportunities in BESS utility-scale projects are likely to be ChinaJapanSouth Korea and Australia. The application scope of BESS across these markets is as follows:

  • China: More than 80 percent of the country’s installed BESS is applied in distributed energy, renewable energy (RE) integration and microgrids.
  • Japan: The use cases are across electric bill management, electric energy time shift, electric supply reserve capacity, frequency regulation, onsite renewable generation shifting, RE time shift, renewable capacity firming and on-site power.
  • South Korea: This country mainly employs BESS for electric bill management, electric energy time shift, frequency regulation, voltage support, RE time shift and transmission congestion relief.
  • Australia: The use cases mainly include back start, demand response, electric bill management, electric energy time shift, electric supply reserve capacity (spinning), microgrid capability, on-site power, load following (tertiary balancing) and resiliency.

“Next-generation business models will redefine business propositions and influence future technology and product development. For instance, an emerging business model is one in which private parties own the energy storage system and offer services to transmission and distribution companies,” noted Sriram.

“Virtual power plants are another key model for OEMs in Asia-Pacific, while many others are working on providing additional revenue streams that increase utilities’ net present value (NPV) over time,” she added.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion

Battery Energy Storage Systems for Grid Applications in Asia-Pacific, Forecast to 2021
P97F-27

Contact:
Melissa Tan
Corporate Communications — Asia Pacific
P: +65 6890 0926
F: +65 6890 0999
E: melissa.tan@frost.com

http://www.frost.com

SOURCE Frost & Sullivan

RELATED LINKS
http://www.frost.com

Advanced Semiconductor Engineering, Inc. Announces Monthly Net Revenues

ADVANCED SEMICONDUCTOR ENGINEERING, INC. (NYSE: ASX, TAIEX: 2311, “ASE” or the “Company”), announces its unaudited consolidated net revenues for July 2017.

CONSOLIDATED NET REVENUES (UNAUDITED)

Jul

Jun

Jul

Sequential

YoY

(NT$ Million)

2017

2017

2016

Change

Change

Net Revenues

22,232

23,078

21,587

-3.7%

+3.0%

Jul

Jun

Jul

Sequential

YoY

(US$ Million)

2017

2017

2016

Change

Change

Net Revenues

732

767

671

-4.6%

+9.1%

Net revenues for the ATM assembly testing and material business are as follows:

ATM NET REVENUES (UNAUDITED)

Jul

Jun

Jul

Sequential

YoY

(NT$ Million)

2017

2017

2016

Change

Change

Net Revenues

13,672

13,410

13,975

+2.0%

-2.2%

Jul

Jun

Jul

Sequential

YoY

(US$ Million)

2017

2017

2016

Change

Change

Net Revenues

450

446

435

+1.0%

+3.6%

Safe Harbor Notice:

This press release contains “forward-looking statements” within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. Our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons, including risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the uncertainties as to whether we can complete the share exchange contemplated by a joint share exchange agreement between Siliconware Precision Industries Co., Ltd. and us; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent global economic crisis; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors.  For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including our 2016 Annual Report on Form 20-F filed on April 21, 2017.

IR Contact:

Iris Wu, Manager

irissh_wu@aseglobal.com

Tel: +886.2.6636.5678

http://www.aseglobal.com

Grace Teng, Manager

grace_teng@aseglobal.com

Tel: +886.2.6636.5678

SOURCE Advanced Semiconductor Engineering, Inc.

RELATED LINKS
http://www.aseglobal.com

High Growth Expected for Modular, Battery-based Energy Storage Systems as Utilities Target Energy Goals, finds Frost & Sullivan

Utilities are increasingly demanding that the life of battery-based energy storage systems (BESS) be extended to 10 years so they can obtain sizeable returns on their investment. Battery manufacturers currently offer five years and are making concerted efforts to enhance the durability of BESS as well as provide value-added services such as warranty and operations and maintenance contracts. In addition to higher energy efficiency, manufacturers are focusing on offering modular systems to help utilities achieve their environmental targets.

“Battery manufacturers are working toward providing modular, containerized systems that can be easily transported and quickly installed,” said Frost & Sullivan Energy & Environment Principal Consultant Suchitra Sriram.

“These modular systems will also be able to withstand higher temperatures and work under extreme physical conditions. Moreover, manufacturers are acknowledging the need to offer modularity in terms of battery sizing to meet diverse application needs,” she added.

Battery Energy Storage Systems for Grid Applications in Asia-Pacific, Forecast to 2021 is part of Frost & Sullivan’s Energy Storage Growth Partnership Subscription. The key objective of the study is to understand the dynamics of the utility-scale, grid-connected BESS market for utility application. The study covers the geographic markets of IndiaChinaSoutheast Asia (VietnamIndonesiaThailandMalaysiathe PhilippinesSingaporeMyanmar), East Asia (JapanTaiwanSouth Korea) and AustraliaNew Zealand.

Click here for complimentary access to more information on this analysis and to register for a Growth Strategy Dialogue, a free interactive briefing with Frost & Sullivan’s thought leaders.

The most successful companies in the Asia-Pacific BESS market are those with a strong local presence. Battery manufacturers are finding increasing value in partnering with System Integrators (SIs) all along the value chain in order to entrench themselves in the market and offer robust value to clients. As SIs act as a bridge between utilities and vendors, these partnerships are inevitable and help vendors establish a direct relationship with utilities.

Over the next three to five years, the markets with the biggest opportunities in BESS utility-scale projects are likely to be ChinaJapanSouth Korea and Australia. The application scope of BESS across these markets is as follows:

  • China: More than 80 percent of the country’s installed BESS is applied in distributed energy, renewable energy (RE) integration and microgrids.
  • Japan: The use cases are across electric bill management, electric energy time shift, electric supply reserve capacity, frequency regulation, onsite renewable generation shifting, RE time shift, renewable capacity firming and on-site power.
  • South Korea: This country mainly employs BESS for electric bill management, electric energy time shift, frequency regulation, voltage support, RE time shift and transmission congestion relief.
  • Australia: The use cases mainly include back start, demand response, electric bill management, electric energy time shift, electric supply reserve capacity (spinning), microgrid capability, on-site power, load following (tertiary balancing) and resiliency.

“Next-generation business models will redefine business propositions and influence future technology and product development. For instance, an emerging business model is one in which private parties own the energy storage system and offer services to transmission and distribution companies,” noted Sriram.

“Virtual power plants are another key model for OEMs in Asia-Pacific, while many others are working on providing additional revenue streams that increase utilities’ net present value (NPV) over time,” she added.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion

Battery Energy Storage Systems for Grid Applications in Asia-Pacific, Forecast to 2021
P97F-27

Contact:
Melissa Tan
Corporate Communications – Asia Pacific
P: +65 6890 0926
F: +65 6890 0999
E: melissa.tan@frost.com

http://www.frost.com

 

SOURCE Frost & Sullivan

RELATED LINKS
http://www.frost.com

Nexteer Opens New Branch Office in Japan

Nexteer Automotive, a global leader in intuitive motion control, today opens a new Branch Customer Service Center (CSC) in Atsugi, Japan. The Atsugi Branch CSC will focus on application Engineering projects and coordinate global resources to expand support for Nissan and the Renault-Nissan-Mitsubishi Alliance.

Before the opening of this new Atsugi Branch CSC, Nexteer has been operating a Tokyo CSC near Shinagawa which plays the important role as a Japanese customers interface of sales, engineering, quality and program management since 2008.

As a leader in Intuitive Motion Control, Nexteer supplies steering systems, driveline systems as well as advanced driver assist systems (ADAS) and autonomous technologies for over 50 customers in every major region of the world.

James Burghardt, Engineering Director and Customer Service Centers Director of Nexteer Asia Pacific remarked the opening of Atsugi Branch CSC, “Our relationship with Nissan-Mitsubishi has grown over the years, and it is gratifying that our customers view us as a strategic partner around the globe. With the combined local support from Atsugi Branch CSC and Tokyo CSC, Nexteer continues to provide perfect quality, quick responsiveness and reliable service for Japanese OEMs in Japan.”

“Guided by our customer-oriented culture, we have chosen to add our new Branch CSC in Atsugi to be closer to our customers and to provide more effective services. As always, we will focus on sustainable relationships and strive to grow together with our customers”, said Li Jun, Chief Operating Officer of Nexteer Asia Pacific.

ABOUT NEXTEER

Nexteer Automotive — A Leader in Intuitive Motion Control — is a multi-billion-dollar global steering and driveline business delivering electric and hydraulic power steering systems, steering columns, driveline systems as well as advanced driver assist systems (ADAS) and autonomous technologies for original equipment manufacturers. The company’s global workforce of over 13,700 serves more than 50 customers in every major region of the world. The company has 25 manufacturing plants, three regional engineering centers and 11 customer service centers strategically located in North and South AmericaEurope and Asia. Nexteer Automotive’s customers include BMW, Fiat Chrysler, Ford, GM, PSA Group, Toyota, VW, as well as automakers in India and Chinawww.nexteer.com

Photo – https://photos.prnasia.com/prnh/20170808/1914936-1

SOURCE Nexteer Automotive

CONTACT: Summer Hou Director Corporate Affairs Asia Pacific, Tel: +86 21 22157108, Mobile: +86 18616182177, E-mail: summer.hou@nexteer.com

Hangzhou Just Biotherapeutics, Ltd. Secures Closing of Series B Financing

Dedicated to developing global antibody and recombinant protein bio-therapeutics, Hangzhou Just Biotherapeutics, Ltd. (Just China), today announced the completion of its Series B funding round.

Temasek, an investment company headquartered in Singapore, leads the financing followed by existing investors Lilly Asia Ventures (LAV) and ARCH Venture Partners. New investors also include Taikang, Hangzhou Economic & Technological Development Area (HEDA), Bank of China (BOC) and Bank of Hangzhou.

“The successful Series B financing indicates the continual faith of existing investors in Just China. We are also thankful to our new investors for their strong support,” said Dr. Yining ZHAO, Co-founder and CEO of Just China. “Healthcare innovation in China has already entered into a new era. With joint efforts from all parties, Just China is committed to demonstrating the innovation in our products and business model, to truly accomplish our mission of providing good quality biotherapeutics for all.”

Located in the Hangzhou Economic & Technological Development Area, Just China’s world-class R&D and manufacturing facility will be completed by the end of this year and operational in the first quarter of 2018. Construction and operations of the production center strictly adhere to cGMP standards and will be fully compliant with any country’s regulations and guidelines for biopharmaceutical manufacturing.

Globally, Just China has already established clinical development and CMC capabilities with a strong pipeline consisting of both bionovel and biosimilar products. Several leading programs will start to enter clinical stage in 2018.

Just China was founded in February 2016 as a joint venture with Just Biotherapeutics, Inc. (Just), located in Seattle, Washington, USA. As an affiliate, Just China will have access to Just’s integrated technology platform, J.DESIGN, and will closely partner with Just to evolve the platform. Applying J.DESIGN technology to molecule, process, product, manufacturing and plant design will enable Just China to develop biologics that meet global quality standards, while accelerating the development process and substantially reducing manufacturing cost.

About Just. Founded in 2014, Just is led by an experienced team in the fields of protein, process and manufacturing sciences. The Just team came together to solve the scientific and technical hurdles that block access to life changing protein therapeutics; from the design of therapeutic molecules to the design of the manufacturing plants used to produce them. Our focus and passion is to create access and value for a global market through scientific and technological innovation.

For more information on Just, please visit www.justbiochina.com.

About Temasek. Incorporated in 1974, Temasek is an investment company headquartered in Singapore. Supported by 10 offices internationally, Temasek owns a S$275 billion (US$197 billionEUR184 billionGBP158 billionRMB1.35 trillion)* portfolio as at 31 March 2017, mainly in Singapore and the rest of Asia.

Our portfolio covers a broad spectrum of industries: financial services; telecommunications, media & technology; transportation & industrials; consumer & real estate; life sciences & agribusiness; as well as energy & resources. Our investment activities are guided by four investment themes and the long term trends they represent: Transforming Economies; Growing Middle Income Populations; Deepening Comparative Advantages; and Emerging Champions.

For more information on Temasek, please visit www.temasek.com.sg

About Taikang: Founded in 1996, Taikang is a large insurance and financial service conglomerate. The company operates through three main businesses: insurance, asset management and health and elderly care. Taikang Insurance Group has a number of subsidiaries which include Taikang Life, Taikang Asset, Taikang Pension, Taikang Community, Taikang Health and Tk.cn. Its business scope covers a wide range of fields, such as life insurance, pension, enterprise annuity, online property and casualty insurance, asset management, health and elderly care, health management, commercial real estate and offshore businesses.

For more information on Taikang, please visit www.taikang.com.

SOURCE Hangzhou Just Biotherapeutics, Ltd.

CONTACT: Jingyuan QIN, Director, PR & Communication, Just Biotherapeutics China, +86-21-6237-0969-6676, jingyuan.qin@justbiochina.com

RELATED LINKS
http://www.justbiochina.com

Suning and Metcash Expand Cooperation to Bring Quality Australian Products to China

China’s retail giant Suning Holdings Group (“Suning” or “the Group”) has signed a cooperation agreement with Metcash, the leading wholesale distribution and marketing company in Australia, to bring more quality Australian and New Zealand products to Chinese consumers.

Steven Zhang, Vice President of Suning International recently visited Australia at the invitation of Metcash. During the trip, he engaged in discussions with local vendors, explored the local business landscape and signed a Memorandum of Understanding (MoU) with Metcash CEO Ian Morrice.

“With the eco-friendly environment, products from this land would gain very anticipated market share in China from the consumers who value nature and wellness a lot. The cooperation with Metcash will allow us to provide more Australian and New Zealand brands with the opportunity to enter Chinese market through the retailing platform that Suning developed,” Zhang says.

Per the MoU, Suning and Metcash will jointly promote and distribute Australian and New Zealandproducts procured by Metcash to all available channels both online and offline, which will significantly leverage Suning’s buying power in the region. The two sides also set an initial three-year revenue goal of AU$60 million.

Suning and Metcash will set up an Australian Pavilion store on Suning.com, highlighting and making it simpler for Chinese consumers to buy a wider range of Australian and New Zealand products with the best price and quality, including groceries, fresh produce, alcoholic beverages, personal care items, cosmetics and other consumer goods. Suning will handle the storage, promotion, marketing and logistics.

Suning International also visited two Community Co factories in Australia. Community Co is a Metcash-owned brand of quality food, water, dairies and other daily goods. “If we think a product is good to introduce to Chinese consumers, we would see how it is produced originally. We visited the Community Co factories to ensure our consumers could enjoy these products in a safer and happier way,” said Henry Tao, Deputy General Manager of Suning International.

Furthermore, the brand is not purely sales- and profits-driven, but is also socially responsible. Suning has been building up its socially responsible portfolio for years. By introducing the concept and value of Community Co to China, Suning and Metcash will identify and jointly fund charities to support and contribute to local Chinese communities and those in need.

About Suning Holdings Group

Founded in 1990, Suning Holdings Group, through its subsidiaries, is a market leader across six industries: retail, real estate, media and entertainment, investment, sports, and financial services. Two of Suning’s subsidiaries are publicly listed, Suning Commerce Group and LAOX Japan. In 2016 Suning ranked the second-largest Chinese non-state owned enterprise. With online and offline retail platforms serving a market of around 280 million loyal consumers, Suning is providing comprehensive services for consumers, as well as reliable and efficient support to overseas companies that are just entering the Chinese market.

Photo – https://photos.prnasia.com/prnh/20170808/1915725-1

SOURCE Suning holdings group

CONTACT: Lyrin Lin, Brand Manager, Mobile: +86-186-5166-7227, Email: linyue@cnsuning.com

Mylan Launches Avonza™ in India

Mylan Pharmaceuticals Private Limited, a subsidiary of Mylan N.V. (NASDAQ, TASE: MYL), a leading global pharmaceutical company, has received marketing authorization from the Drug Controller General of India (DCGI) for its antiretroviral (ARV) drug Avonza™ (TLE400). Avonza™ is a fixed-dose combination comprised of Efavirenz, Lamivudine and Tenofovir Disoproxil Fumarate Tablets, 400 mg/300 mg/300 mg, recommended by the World Health Organization (WHO) as an alternative first-line regimen for people being treated for HIV/AIDS.

Commenting on the launch, Mylan President Rajiv Malik said, “Developing Avonza™ and bringing it to patients with HIV in India is a continuation of our strong and sustained commitment to expanding access to affordable, high quality ARVs. Avonza™ will be available to patients at a cost that is lower than that of other current first-line ARVs. What’s more, Mylan is the first to offer this combination in India, making it another example of the innovative spirit that runs throughout our company to adapt our medicines, accelerate access and improve treatment outcomes.”

In April 2017, the Health Ministry in India launched the Test and Treat Policy for HIV; anyone testing positive for HIV will get antiretroviral therapy irrespective of CD4 count or clinical stage.

Mylan’s Avonza™ also is another step the company is taking to help India meet its Sustainable Development Goal of ending AIDS by 2030.

Globally, Mylan supplies life-saving ARVs to nearly 50% of patients being treated for HIV/AIDS in more than 100 developing countries. The company’s comprehensive ARV portfolio includes 14 active pharmaceutical ingredients and 50 finished dosage forms in first-line, second-line and pediatric formulations.

THE HIV EPIDEMIC IN INDIA

  • In 2015, it was estimated that 21.17 lakh people living in India have HIV
  • Of that, 6.5% are children under age 15
  • Among the States / Union Territories, Manipur showed the highest estimated adult HIV prevalence (1.15%)
  • This was followed by Mizoram (0.80%), Nagaland (0.78%), Andhra Pradesh and Telangana (0.66%), Karnataka (0.45%), Gujarat (0.42%) and Goa (0.40%)

Mylan is a global pharmaceutical company committed to setting new standards in healthcare. Working together around the world to provide 7 billion people access to high quality medicine, we innovate to satisfy unmet needs; make reliability and service excellence a habit; do what’s right, not what’s easy; and impact the future through passionate global leadership. We offer a growing portfolio of more than 7,500 marketed products around the world, including antiretroviral therapies on which approximately 50% of people being treated for HIV/AIDS in the developing world depend. We market our products in more than 165 countries and territories. We are one of the world’s largest producers of active pharmaceutical ingredients. Every member of our more than 35,000-strong workforce is dedicated to creating better health for a better world, one person at a time. Learn more at Mylan.com.

This press release includes statements that constitute “forward-looking statements,” including with regard to Avonza™ being available to patients at a cost that is lower than that of other current first-line ARVs. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Because such statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: success of clinical trials and our or our partners’ ability to execute on new product opportunities; any regulatory, legal or other impediments to our or our partners’ ability to bring products to market; other risks inherent in product development; the scope, timing, and outcome of any ongoing legal proceedings, including government investigations, and the impact of any such proceedings on our or our partners’ businesses; actions and decisions of healthcare and pharmaceutical regulators, and changes in healthcare and pharmaceutical laws and regulations, in the United StatesIndia and abroad; the impact of competition; strategies by competitors or other third parties to delay or prevent product introductions; the effect of any changes in our or our partners’ customer and supplier relationships and customer purchasing patterns; any other changes in third-party relationships; changes in the economic and financial conditions of the businesses of Mylan or its partners; uncertainties and matters beyond the control of management; and the other risks detailed in Mylan’s filings with the Securities and Exchange Commission. Mylan undertakes no obligation to update these statements for revisions or changes after the date of this release.

 

SOURCE Mylan N.V.

CONTACT: Nina Devlin (Media), 724.514.1968, Melissa Trombetta (Investors), 724.514.1813

RELATED LINKS
http://www.mylan.com

Carrier Celebrates the 115th Anniversary of Modern Air Conditioning — Highlights Innovations and Milestones

What do summer blockbuster movies, boxed chocolates and skyscrapers have in common? It wasn’t until modern air conditioning came to movie theaterscandy confectioners and high-rise office buildings that these industries flourished with the addition of cool, temperature-controlled air. Now, 115 years later, Carrier marks the anniversary of modern air conditioning by highlighting recent innovative advancements and milestones that make our technology relevant today and quite simply, cooler than ever. Carrier Vietnam Air Conditioning Company Limited is a part of Carrier, a world leader in high-technology heating, air-conditioning and refrigeration solutions, a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE: UTX).

“Carrier continues to develop new products and push the boundaries of smart technology. Beyond keeping people cool and comfortable, Carrier products are among the most energy-efficient products available today,” said Andrew Nguyen, managing director, Carrier Vietnam. “Through persistence, world-class engineering and a relentless commitment to innovation, Carrier is cooler than ever — and excited to deliver leading solutions to keep people around the world comfortable well into the future.”

Here are seven reasons to celebrate Carrier and our game-changing air conditioning technology.

7. Sustainable products. Globally, since 2000, Carrier products have avoided more than 225 million metric tons of carbon dioxide through advancements in energy efficiency, the equivalent of removing more than 47 million passenger vehicles from the road for one year. How cool is that?

6. Footprint in Vietnam. Established in 1994, Carrier opened offices in Ho Chi Minh City and Hanoi. In 1996, Carrier captured the contract for the tallest building in Hanoi and over the years, has continued to provide HVAC solutions to customers in various industries.

5. Our founder, Willis Carrier. The spirit of Willis Carrier, the inventor of modern air conditioning, is kept alive and well on williscarrier.com and on Twitter. Follow along with Willis as he shares the history and memorabilia surrounding the evolution of modern air conditioning.

4. The UTC Center for Intelligent Buildings. Carrier, and its industry-leading products, will be featured in the UTC Center for Intelligent Buildings, a first of its kind global customer experience center set to open later this year in Palm Beach Gardens, Florida.

3. Fostering a global dialogue. We believe that global dialogue can rebalance the built environment with the natural environment. We also believe that green building, which includes our high-efficiency air conditioning products, will accelerate with education. That’s why Carrier convenes the Distinguished Sustainability Lecture Series, in hopes that the discussions of today will help drive technological advancements and shape the decisions made for years to come. To date, the lecture series has reached over 3,850 professionals through 31 lectures in 19 cities across 15 countries. Events will be held later this year in Indonesia and India.

2. Carrier keeps food fresh and cool. Modern air conditioning paved the way for Carrier’s refrigeration technology for the transport and shipping of temperature controlled cargoes. Carrier understands that “fresh” is not simply about how recently produce was harvested or products were created. It is also about the conditions in which they have been transported. That is why Carrier provides transport refrigeration solutions that allow for precise control of temperature and humidity, preserving all types of perishable cargo no matter where it needs to go.

1. Carrier is constantly innovating. In fact, the air conditioning technology of the future is being developed right now. In 2016, United Technologies spent $3.7B on company and customer-funded research and development, supporting a variety of innovative new aerospace and building systems products including Carrier heating, cooling and refrigeration systems. That’s a lot of “cool”, hard cash.

Learn more about Carrier’s legacy of innovation, as well as the complete history of modern air conditioning, in Weathermakers to the World and on WillisCarrier.com. Follow @WillisCarrier on Twitter for more historic facts. Follow along on social media using the hashtag #carriercool.

About Carrier

Founded by the inventor of modern air conditioning, Carrier is a world leader in high-technology heating, air-conditioning and refrigeration solutions. Carrier experts provide sustainable solutions, integrating energy-efficient products, building controls and energy services for residential, commercial, retail, transport and food service customers. Carrier is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.carrier.com or follow @Carrier on Twitter.

Contact:       

Hor Mei Peng
+65 6410-0111
Meipeng.hor@utc.com

Logo – https://photos.prnasia.com/prnh/20170801/1908203-1LOGO

SOURCE UTC Climate, Controls & Security

CNOOC Limited Announces Hangingstone Project Commences Production

CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced today the Hangingstone project in Canada has already commenced production.

The Hangingstone project, located in Alberta, Canada, consists of steam-generating equipment, well pad facilities, 32 well pairs, water treatment and bitumen flowlines. The project is expected to reach its peak production rate of approximately 20,000 barrels of bitumen per day in 2018.

NEXEN Energy ULC, a wholly owned subsidiary of CNOOC Limited, has a 25% working interest in Hangingstone Project, while Japan Canada Oil Sands Limited (JACOS) holds the remaining 75% working interest and acts as the operator.

Notes to Editors:

More information about the Company is available at http://www.cnoocltd.com.

This press release includes “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, including statements regarding expected future events, business prospectus or financial results. The words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors the Company believes are appropriate under the circumstances. However, whether actual results and developments will meet the expectations and predictions of the Company depends on a number of risks and uncertainties which could cause the actual results, performance and financial condition to differ materially from the Company’s expectations, including but not limited to those associated with fluctuations in crude oil and natural gas prices, the exploration or development activities, the capital expenditure requirements, the business strategy, whether the transactions entered into by the Group can complete on schedule pursuant to their terms and timetable or at all, the highly competitive nature of the oil and natural gas industries, the foreign operations, environmental liabilities and compliance requirements, and economic and political conditions in the People’s Republic of China. For a description of these and other risks and uncertainties, please see the documents the Company files from time to time with the United States Securities and Exchange Commission, including the Annual Report on Form 20-F filed in April of the latest fiscal year.

Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations.

For further enquiries, please contact:

Mr. Yan Cao
Deputy General Manager, Investor Relations Department
CNOOC Limited
Tel: +86-10-8452-1417
Fax: +86-10-8452-1441
E-mail: caoyan@cnooc.com.cn

Ms. Iris Wong
Hill+Knowlton Strategies Asia
Tel: +852-2894 6263
Fax:+852-2576 1990
E-mail: hl.wong@hkstrategies.com

Logo – http://photos.prnasia.com/prnh/20150819/8521505396LOGO

SOURCE CNOOC Limited

RELATED LINKS
http://www.cnoocltd.com

Hemex Health Selects Tata Elxsi as the Product Design and Engineering Partner for its ‘Lab-in-a-Box’ — a Point-of-care Diagnostic Platform

Hemex Health, an early stage medical diagnostics enterprise, announced the selection of Tata Elxsi as the product design and engineering partner of its latest Lab-in-a-Box diagnostic device.

(Logo: http://photos.prnewswire.com/prnh/20161116/440033LOGO )

Hemex Health is designing a cost-effective and easy-to-use, point-of-care device that helps health workers provide quick and accurate diagnosis of malaria and sickle cell disease. The Lab-in-a-Boxdiagnostic device can diagnose malaria and sickle cell disease in just minutes, more quickly and affordably than any other point-of-care diagnostic on the market today. The new device integrates both malaria and sickle cell diagnostics inside a single unit.

Access to quality and affordable health care is still a challenge across the world today, especially in rural settings. Lack of facilities and suitable clinical tools for the rural and economically challenged areas of the world means that diseases such as malaria and sickle cell often go undiagnosed with devastating impact on families and communities, said Patti White, CEO, Hemex HealthIn our strategic mission to develop and launch this Lab-in-a-Box product, we have been actively looking for a partner that understands the challenges of these markets and possesses comprehensive capabilities from concept development to engineering and launch of medical products that meet regulatory standards. We are delighted to have found the right partner in Tata Elxsi.

According to the statistics provided by WHO, it is estimated that up to 3.4 billion people (half the world’s population) are currently at risk for malaria, especially in developing countries. Sickle Cell, on the other hand, is genetic in nature and known to cause recurring long-term health issues such as anemia, bacterial infections and stroke. As of 2015, it was estimated that up to 7% of the world’s population carry this gene. International agencies acknowledge that progress on these diseases is hampered by the lack of affordable diagnostics at the point of care.

“The social impact that technology can bring in delivering health care to the underserved and unserved sections of the society, especially in the emerging markets, is tremendous and multi-fold,” said Mr. Nitin Pai, SVP  Marketing and Strategy, Tata Elxsi. He continued, “Intelligent engineering and the use of next-gen technologies can help make healthcare accessible and cost-effective — the main challenges that many in the developing countries of the world face today. We are pleased to be supporting Hemex in the development of this novel and innovative technology.”

About Hemex Health

Hemex Health was founded on the belief that people everywhere, no matter how underserved or remote their region, deserve access to affordable, life-sustaining medical care. Hemex Health is part of the OTRADI Bioscience Incubator located in Portland, Oregon.

About Tata Elxsi

Tata Elxsi is a global design and technology services company, headquartered in Bangalore. It addresses the healthcare, automotive, broadcast and communications, consumer electronics industries. This is supported by a network of design studios, development centers and offices worldwide.

Tata Elxsi’s Medical Device and Healthcare practice work with leading medical device OEMs and technology companies for product design & engineering services from market survey & research to product development and launch. It brings together expertise in market research and human factor engineering, hardware and software engineering, verification & validation, regulatory standards & compliance requirements along with technologies such as artificial intelligence, cloud and IoT. Tata Elxsi’s Medical Device and Healthcare practice is ISO 13485 certified.

Media contact:
Patti White
CEO – Hemex Health
+1-971-801-2573

Hari Balan
Corporate Communications
+91-80-2297-9123

 

Website: http://www.tataelxsi.com

SOURCE Tata Elxsi

KBank and IBM Develop Blockchain-Based Letter of Guarantee Service

IBM (NYSE: IBM) and KASIKORNBANK Public Company Limited (KBank), one of Thailand’s largest banks, today announced the launch of a new enterprise Letter of Guarantee network based on IBM Blockchain. The new solution is designed to help simplify and expedite procedures for KBank’s Letter of Guarantee process, with the goal of improving the customer experience, strengthening security and reducing costs for clients and the bank.

With a more digitized, streamlined and transparent process enabled by blockchain, KBank’s enterprise Letter of Guarantee solution is completely paperless, allowing banks and customers to do with the click of a button what previously required paperwork. The transparency provided by blockchain can help eliminate forgery and provide efficient service delivery. The solution is designed so that a Letter of Guarantee process that previously took up to several days is now significantly shortened.

Letters of Guarantee issued via the commercial banking system in Thailand are expected to reach over $40 billion, increasing by 8 percent in 2017. Of that total, approximately $9 billion will be issued by KBank, which has the largest share of the market at 25 percent. KBank is targeting an increase in Letter of Guarantee issuance via electronic channel to 35 percent by the 2018 year-end, 5 percent of which will be processed via the blockchain.

“Blockchain technology is applied to create highly secure networks of document filing and retrieval,” said Pipit Aneaknithi, president of KBank. “As Thailand’s largest issuer of Letters of Guarantee, KBank is working with IBM to implement this innovative technology to further define and articulate our leadership in this market.”

Built on Hyperledger Fabric, a blockchain framework and one of the Hyperledger projects hosted by The Linux Foundation, the solution was tested in the Bank of Thailand’s regulatory sandbox and built to be able to scale up to meet an expected increase in Letters of Guarantee issuance through electronic channels. By offering a single, shared data structure, the solution is also expected to help deliver new business opportunities with other banks in the region.

“Blockchain reduces traditional transaction barriers and can help to improve business processes in the financial services sector and beyond,” said Parnsiree Amatayakul, managing director of IBM Thailand. “As IBM continues to support KBank’s important initiatives in blockchain, the value this technology can bring to the bank and its clients is becoming increasingly clear, and can redefine the way businesses in the region operate and grow.”

KBank provides banking services including personal and commercial banking, international trade, and investment banking services to its customers throughout Thailand. The bank has foreign branches in Los AngelesHong KongCayman Islands, and Shenzhen, and representative offices in ShanghaiBeijing, and Kunming. KBank also partnered with other business partners to pilot the use of Enterprise Letter of Guarantee on Blockchain service including Metropolitan Electricity Authority, Provincial Electricity Authority, PTT Global Chemical PLC, and PTT Polymer Marketing Company Limited.

About IBM
IBM is the leader in open-source blockchain solutions built for the enterprise. As an early member of Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, IBM is dedicated to supporting the development of openly-governed blockchains. IBM has worked with more than 400 clients across financial services, supply chains, IoT, risk management, digital rights management and healthcare to implement blockchain applications. For more information about IBM Blockchain, visit www.ibm.com/blockchain.

Contact:
Holli Haswell
hhaswell@us.ibm.com
720-396-5485

SOURCE IBM

RELATED LINKS
http://www.ibm.com

E8 Storage’s E8-X24 Leverages Intel® Optane™ SSDs to Deliver Extreme Performance and Ultra-Low Latency

E8 Storage today announced its E8-X24 centralized NVMe appliance, which utilizes Dual Port Intel® Optane™ SSDs to deliver extreme storage performance and ultra-low latency for mission-critical applications. E8 Storage is the first vendor in the industry ready to deliver shared memory cache storage based on Storage Class Memory SSDs for Tier 0 performance.

The combination of Intel’s Optane™ high-speed, non-volatile solid-state storage and E8 Storage’s E8-X24 high-performance centralized NVMe solution is a powerful storage offering that is uniquely suited for applications such as real-time, high-volume trading. The Tel Aviv Stock Exchange (TASE) is one such customer that is currently examining E8 Storage’s E8-X24 centralized storage appliance and software stack in its data center.

“E8 Storage allows us to build a shared storage solution with latency that rivals in-memory database clusters, but unlike in-memory solutions it allows us to scale capacity easily as well as share volumes between many nodes in the Tel Aviv Stock Exchange cluster,” said Uri ShavitSVP, CIO, IT and Operations Departmentthe Tel Aviv Stock Exchange. “E8 Storage’s solution, coupled with Dual Port Intel® Optane™ SSDs, has a potential in the field of high-frequency trading and represents a new breed of storage product that we have not seen before. The Tel Aviv Stock Exchange has always adopted state-of-the art technology, and we have very stringent reliability and supportability requirements. We are pleased to evaluate this innovative solution from E8 Storage and Intel to meet our needs for ultra-low latency storage and further expand our capabilities for TASE investors.”

“One of the strongest features of E8 Storage’s architecture is the ability to introduce the latest SSD technology while maintaining extreme performance and high availability,” said Zivan Ori, CEO and Co-Founder, E8 Storage. “Dual Port Intel® Optane™ SSDs are a perfect fit for our shared NVMe solution, and E8 Storage allows most innovative customers like the Tel Aviv Stock Exchange, to introduce these new SSDs into their applications without any modification to their existing infrastructure.”

E8 Storage now offers a range of performance options to suit customers’ needs. The ability to provide storage for memory cache replacement as well as datastores – both within a single appliance or dedicated appliances – gives enterprises the flexibility to choose the right deployment model for their specific requirements. The E8-X24 is available for testing with select customers; for more details please contact info@e8storage.com.

About E8 Storage

E8 Storage provides the industry’s first-ever centralized NVMe enterprise storage solution, delivering simple, centralized storage management at the speed of local SSDs. The company’s rack-scale all-flash arrays are ideally suited for the most demanding mission-critical workloads needing performance without compromise, including real-time analytics, financial and trading applications, and transactional processing. E8 Storage’s next-generation high-performance flash storage delivers 10 times the performance at half the cost of existing storage products, is easily upgradeable and expandable, and enables consolidation to increase SSD utilization to over 90%. Privately held, E8 Storage is based in Santa Clara with R&D in Tel Aviv, and channel partners throughout the US and Europe. For more information, please visit http://www.e8storage.com, and follow us on Twitter @E8Storage and LinkedIn.

Press Contacts:
Maya Lustig, E8 Storage
maya@e8storage.com
+972-54-6778100

Michelle Allard McMahon/Candice Perodeau
E8Storage@rainierco.com
508-475-0025

About the Tel Aviv Stock Exchange (TASE)

The Tel Aviv Stock Exchange Ltd. was founded in September 1953. The TASE group, which consists of the stock exchange, the TASE Clearing House and the Derivatives Clearing House, provides local and international investors with trading and clearing in securities, including stocks, corporate bonds, government bonds, index-tracking products and derivatives. The Tel Aviv Stock Exchange is home to over 450 listed companies, with a total market value of approximately USD 225 billion, 600 corporate bonds and 690 ETFs. For further information: http://www.tase.co.il

Press Contacts:
Orna Goren, Head of Marketing & Communications Unit, the Tel-Aviv Stock Exchange
ornag@tase.co.il
+972-76-8160405

Yael Arnon-Livne, Sherf Communications
yaela@scherfcom.com
+972-52-7202703

 

SOURCE E8 Storage

NSF International Adds Pharma Biotech Services to India Office

ANN ARBOR, Michigan and GURUGRAM, India, Aug. 8, 2017 /PRNewswire/ — Global public health organization NSF International is now offering pharma biotech consulting and training services from its Gurugram, India office. The addition of these consulting and technical services is a response to demands of India’s growing pharmaceutical industry.

“We’ve been working with India’s pharmaceutical industry for several years, but our new pharma biotech office in Gurugram makes working with NSF International easier than ever before,” said Maxine Fritz, Executive Vice President of Pharma Biotech for NSF International. “India is one of the world’s largest producers of generic pharmaceuticals and it is important for NSF International to be here so we can help our clients adapt to changing global regulatory requirements.”

NSF International provides pharma biotech consulting, training and technical services to India’spharmaceutical industry, including:

  • Consulting: Authoritative consulting services that are respected by major pharma and biopharma companies and regulatory agencies around the world
  • Remediation: Sound pragmatic advice on how to respond to adverse regulatory inspection findings and build a compliant pharmaceutical quality system to avoid future problems
  • Auditing: Inspections to check for compliance with GMPs, GLP, GCP, PV and CLIA requirements
  • Regulatory guidance: Regulatory strategies based on corporate objectives for new therapeutics, existing or new applications, and combination products, including assessment of applicability of unique programs and U.S. FDA approval pathways
  • Training and education: Comprehensive training and education programs designed to develop the knowledge and skills needed to meet the challenges of a global and complex pharmaceutical industry

Earlier this year, NSF International partnered with the Indian Drug Manufacturers’ Association (IDMA) to launch an advanced program in pharmaceutical quality management (APPQM) in Bangalore. The five-module education program is specifically designed for Indian pharmaceutical companies to improve the effectiveness of their quality systems. NSF International will host the first training session on September 25-28, 2017.

For more information on NSF International’s pharma biotech services offered in India or the APPQM program offered in collaboration with IDMA, please email indiapharma@nsf.org.

About NSF International: NSF International (nsf.org) is a global independent organization that writes standards, and tests and certifies products for the health sciences, water, food and consumer goods industries to minimize adverse health effects and protect the environment. Founded in 1944, NSF is committed to protecting human health and safety worldwide. Operating in more than 170 countries, NSF International is a Pan American Health Organization/World Health Organization (WHO) Collaborating Center on Food Safety, Water Quality and Indoor Environment.

NSF’s health sciences services include training and education, consulting, auditing, GMP and GLP analytical testing, DNA testing, certification, R&D, regulatory guidance and corporate compliance for the pharma biotech, medical device, dietary supplement and bottled water/beverage industries throughout the product lifecycle. NSF wrote the only American National Standard (NSF/ANSI 173) that verifies the health and safety of dietary supplements and also tests and certifies products to this standard.

Contact: Thomas Frey, APR at media@nsf.org or +1 734.214.6242

Logo – https://mma.prnewswire.com/media/460780/nsf_international_logo.jpg

SOURCE NSF International

RELATED LINKS
http://www.nsf.org

The Peninsula Boutique and La Compagnie Du Kraft Introduce a New Collection of Handcrafted Notebooks

The Peninsula Boutique and La Compagnie du Kraft join hands to create a modern classic — introducing a collection of handcrafted notebooks constructed from stylish, yet sturdy vegetal tanned leather and pure virgin fibre paper from France.

Classic, sophisticated, reliable — these are traits that differentiate the legendary from the ordinary. This collaboration between The Peninsula and La Compagnie du Kraft is representative of both heritage and excellence, presented through the finest handcrafted leather notebooks. They are the perfect place for treasured thoughts, musings and memories.

Featuring three different colours: Chic Green, Cool Brown and Classic Red in a variety of sizes, the delicate de-bossed fleur de lys pattern on the cover was inspired by the motifs from The Lobby at The Peninsula Hong Kong. Using the finest leather that will age with time, each of these notebooks is assembled by artisans in FranceGift set with pencils and paper refills is also available.

For a notebook of a lifetime, send a personalised La Compagnie du Kraft gift with hot stamping available exclusively from peninsulaboutique.com.

Leather Notebook — Chic Green — 107 x 150 mm  HK$ 395
Reflecting the signature colour of the hotel’s renowned Rolls-Royce fleet, this pocket-sized notebook is handy for jotting down notes or keeping memories and treasured thoughts.

Leather Notebook — Cool Brown — 107 x 150 mm  HK$ 395
This cool brown leather notebook is perfect for that scholarly look.

Leather Notebook — Chic Green — 150 x 210 mm  HK$ 595
Reflecting the signature colour of the hotel’s renowned Rolls-Royce fleet, this easy-to-carry notebook is perfect for travel and keeping a record of special thoughts.

Leather Notebook — Classic Red — 150 x 210 mm  HK$ 595
This classic red leather notebook lends an air of finesse, perfect for travel and keeping a record of special thoughts.

Leather Notepad — Classic Red — 135 x 200 mm  HK$ 565
Inserted with pure virgin fibre paper, this classic red notepad is ideal for travelling, writing a diary and storying thoughts and special moments.

Leather Notepad — Cool Brown — 135 x 200 mm  HK$ 565
For that perfect scholarly look, this cool brown notepad is ideal for travelling, writing a diary and storying thoughts and special moments.

Notebook Refill (107 x 150 mm HK$ 115 / 135 x 200 mm HK$ 155 / 150 x 210 mm HK$ 165)
Keep the treasured notebook restocked simply by unscrewing the binding to refill the paper so customers can continue to record thoughts and allow the natural leather cover to age as time goes by.

Leather Notebook Gift Set HK$ 525
Leather Notebook — Chic Green — A6 (1 pc), Notebook Refill A6 (1 pc), Pencils (4 pcs)
This classic gift set combines a small chic green leather notebook with four pencils and paper refill — a thoughtful gift for those who love writing.

For more information or to place orders, please visit The Peninsula Boutique, The Peninsula Arcade, Salisbury Road, Tsim Sha TsuiKowloon or enquire by phone +852-2696-6969, fax +852-2696-6973; opening hours: 9:30 am to 7:30 pm. Or visit The Peninsula Boutique at Shop 7E144, Level 7, East Hall, Terminal 1 (Restricted Area), Hong Kong International Airport, New Territories (in the “I Love Hong Kong” retail zone); enquire by phone at +852-2812-0421, fax +852-2812-0432; opening hours: 7:00 am to 11:00 pm. E-mail hongkongtpb@peninsula.com or visit www.peninsulaboutique.com.

About Peninsula Merchandising Limited

A subsidiary of The Hongkong and Shanghai Hotels, Limited, Peninsula Merchandising Limited distributes Peninsula merchandise and licences Peninsula Boutiques in key gateways of Asia.

The Peninsula Boutique outlets are located at The Peninsula Hotels in Hong KongBeijingShanghaiTokyo (Boutique & Cafe), ManilaBangkok and Chicago. Peninsula merchandise is also available at The Peninsula Boutiques throughout Asia in leading department stores and shopping malls in Hong KongTaiwan and online delivery in Hong Kong, Korea and Taiwan at peninsulaboutique.com.

About The Hongkong and Shanghai Hotels, Limited

Incorporated in 1866 and listed on the Hong Kong Stock Exchange (00045), The Hongkong and Shanghai Hotels, Limited is the holding company of a group which is engaged in the ownership, development, and management of prestigious hotels and commercial and residential properties in key locations in Asiathe United States and Europe, as well as the provision of tourism and leisure, club management and other services. The Peninsula Hotels portfolio comprises The Peninsula Hong Kong, The Peninsula Shanghai, The Peninsula Beijing, The Peninsula Tokyo, The Peninsula New York, The Peninsula Chicago, The Peninsula Beverly Hills, The Peninsula Bangkok, The Peninsula Manila and The Peninsula Paris. Projects under development include The Peninsula London and The Peninsula Yangon. The property portfolio of the group includes The Repulse Bay Complex, The Peak Tower, The Peak Tramways and St. John’s Building in Hong Kong; The Landmark in Ho Chi Minh City, Vietnam; the Thai Country Club in Bangkok, Thailand, and 21 avenue Kleber in Paris, France.

For further information, please contact:
Ms Lamey Chang
Manager, Communications
Peninsula Merchandising Limited
Suite 1002, Tower 6, China Hong Kong City
33 Canton Road, Tsim Sha TsuiKowloon, Hong Kong
Telephone: +852 2193 6610
Facsimile: +852 3007 2131
Email: lameychang@peninsula.com
Website: www.peninsulaboutique.com

Photo – https://photos.prnasia.com/prnh/20170807/1914808-1

SOURCE Peninsula Merchandising Limited

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MoneyGram Grows in Japan

MoneyGram today launched its money transfer services at 18 locations managed by City Express Money Transfer (“City Express”). Thanks to this collaboration, the number of MoneyGram touchpoints across Japan has increased to nearly 50.

According to the World Bank, over $8.8 billion in remittances flowed out of Japan in 2016 mainly to China ($4.1 billion), South Korea ($1.7 billion), and the Philippines ($1 billion). To meet the growing demand for money transfer services, MoneyGram recently expanded its network in Japan with locations providing greater coverage of key prefectures, including TokyoSaitamaIbaraki and Tochigi.

Japan is a significant send market in the Asia Pacific region and one of the key countries for MoneyGram,” said Yogesh Sangle, MoneyGram’s head of Asia Pacific. “The agreement with City Express, one of the fastest growing remittance companies in Japan, reinforces our strategy to bring more convenient options to our customers to send or receive funds whether in cash or directly to their bank account,” added Sangle.

“With MoneyGram we can offer our customers a money transfer service that is fast and reliable. This collaboration demonstrates our commitment to offer our customers the right partner to send funds to their loved ones around the globe,” said Mahesh Kumar Shrestha, President and CEO of City Express Money Transfer Japan.

For more information about MoneyGram services in Japan, please visit moneygram.jp

#moneygramnews

About MoneyGram International, Inc.
MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.

Media Contact:
Maria Bankiet-Kamińska
MoneyGram
Tel: + 48  22 377 2185
Mob: + 48 885 889 696
Mail: MBankietKaminska@moneygram.com

Logo – https://mma.prnewswire.com/media/251082/moneygram_logo.jpg

SOURCE MoneyGram International, Inc.

RELATED LINKS
http://www.moneygram.jp/en

A MATRIX Chain Seeking to Define Blockchain 3.0 by Incorporating Blockchain and AI

A few days ago, a blockchain called “MATRIX Chain”, which several Chinese scientists have played a leading role in the research and development, made a splash in its sector. By incorporating artificial intelligence (AI) into the underlying data chain, the innovation has made this blockchain smarter, easier to use, and capable of evolving constantlythrough self-learning.

Starting with the underlying technology of blockchain

According to MATRIX’s AI chief scientist Deng YangdongMATRIX Chain, as a new generation of blockchain with AI, can dynamically update the parameters for various blockchains so as to realize self-evolution. Furthermore, MATRIX Chain can also address the issues during the finalization of the current blockchain designs and the inflexibility in adjusting various blockchain parameters. For this, MATRIX Chain could be deemed as blockchain 3.0.

Automatically discriminating loopholes in transactions 

“Smart contracts of MATRIX Chain are dedicated to address the above issues for which the solution is a conventional centralized system,” explained Li QinghuaMATRIX’s chip and software architecture chief scientist. With the introduction of AI models based on the principle of non-discrimination, the smart contracts of MATRIX Chain enable the automatic judgment on the reasonability of transaction models, the automatic detection on loopholes in transactions, and the execution of a civilized process of transactions under contracts. Furthermore, with built-in AI transaction models, and upon the approval of users, unreasonable transactions will be automatically refused, establishing a rule for MATRIX Chain transactions.

Setting up a blockchain that everyone knows how to use

By incorporating AI-based algorithm, MATRIX Chain is able to solve many non-linear and more complicated problems, largely lowering the barrier to application and thus significantly improving the scope of application of blockchain technology.

Deng said that quasi-Ethereum smart contracts are more like an exclusive application for a small group of technicians who are familiar with codes than a generic one for ordinary users. However, after AI has been incorporated, the only operation ordinary users need to do to generate a smart contract is to type in the transaction objective and textual description of transaction conditions, making smart contract service easily accessible for everyone.

SOURCE MATRIX

CONTACT: Neo, +86-186-1146-6297, neo@matrix.space

Non-Destructive Testing and Inspection Market Worth 12.06 Billion USD by 2023

According to the new market research report “Non-Destructive Testing and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy Current, Ultrasonic, Radiographic, Acoustic Emission), Method, Service, Vertical, and Geography – Global Forecast to 2023″, published by MarketsandMarkets™, the Non-Destructive Testing (NDT) Market is expected to be worth USD 12.06 Billion by 2023, growing at a CAGR of 7.83% between 2017 and 2023. Factors that are driving the market growth include continuous advancements in electronics, and automation and robotics, growing adoption of IoT solutions, and need to prolong the lifespan and increase the capability of aging assets.

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

Browse 79 Market Data Tables and 45 Figures spread through 202 Pages and in-depth TOC on “Non-Destructive Testing and Inspection Market”

http://www.marketsandmarkets.com/Market-Reports/non-destructive-testing-ndt-equipment-services-market-882.html

Early buyers will receive 10% customization on this report

The ultrasonic testing technique to hold the largest share of the non-destructive testing market

Ultrasonic testing accounted for the largest market share in 2016. It is a fast, reliable, and versatile technique of inspection which has helped expand the boundaries of NDT inspection. It can detect internal and hidden discontinuities such as lack of fusion, cracks, and lack of bond. The rapid infrastructural development and aging infrastructure is fueling the growth of the ultrasonic testing technique in NDT market.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=882

Market for the manufacturing vertical expected to grow at the highest rate during 20172023

The market for the manufacturing vertical is expected to grow rapidly between 2017 and 2023. This sector is expected to be driven by government policies and safety awareness for non-destructive testing. Also, the increasing demand for the manufacturing of aircraft, electronic equipment would raise the need for NDT inspection.

North America expected to hold the largest market share during the forecast period

North America has been a leading player in NDT market in 2016. The oil and gas vertical accounted for the largest share of the market in North America. The reason behind this growth is the increasing demand for NDT services for subsea pipelines applications as they are used to inspect corrosion, cracking, manufacturing flaws, welds, and deposits. The US held the largest share of the North American NDT market in 2016.

General Electric Company (US), Olympus Corporation (Japan), Ashtead Technology Ltd. (UK), MISTRAS Group Inc. (US), Nikon Corporation (Japan), Magnaflux Corporation (US), Zetec Inc. (US), Sonatest Ltd. (UK), Sonotron NDT (Israel), Bosello High Tech SRL ( Italy), Yxlon International GmbH (Germany), Fischer Technology Inc. (US), and Eddyfi NDT Inc. (Canada) are the key players in the market.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=882

This research report categorizes the global non-destructive testing market on the basis of technique, method, service, vertical, and geography. This report describes the drivers, restraints, opportunities, and challenges for the growth of the NDT market.

Browse Related Reports

Ultrasonic Testing Market by Type (Time-of- Flight Diffraction, Phased Array, Immersion Testing, Guided-Wave), Equipment (Flaw Detectors, Tube Inspection, Transducers & Probes, Bond testers), Service, Vertical, and Geography – Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/ultrasonic-testing-market-131229239.html

Eddy Current Testing Market by Type (Conventional Eddy Current, ACFM, RFT, Eddy Current Array, Pulsed Eddy Current, Near-Field Testing, Near-Field Array, Partial Saturation Eddy Current), Service, Vertical, and Geography – Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/eddy-current-testing-market-47908998.html

Subscribe Reports from Semiconductor Domain @http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™

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

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

MarketsandMarkets’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™
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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/electronics-and-semiconductors

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

SOURCE MarketsandMarkets

Copper Cable Market Key Regions and Top Manufactures Analysis for 2017-2022 Says a New Research Report Available at ReportsnReports

Copper Cable Industry 2017 Market Research Report added by ReportsnReports.com to its research database.

Global Copper Cable Market 2017 Industry Research Report is spread across 114 pages, profiles 13 companies and the Copper Cable market analysis in this study is supported with tables and figures on the industry and its players.

Copper Cable market study that is comprehensive in nature, details the current state of the industry while providing a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Copper Cable market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Complete report is now available at http://www.reportsnreports.com/reports/1150509-global-copper-cable-market-research-report-2017.html.

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

This report studies Copper Cable in Global market, especially focuses on top manufacturers in global market, with sales, price, revenue and market share for each manufacturer, covering Hitachi Cable, KGHM, Luvata, Aberdare Cables, Elektrokoppar, Mitsubishi Materials Co., NBM Metals, Inc., Sandvik AB, Tatung Co., SH Copper Products Co., Ltd., Ningbo Jintian Copper Group, Relicab Cable Manufacturing Limited and Tongling Jingda Electromagnetic Wire Co., Ltd. Order a copy at http://www.reportsnreports.com/purchase.aspx?name=1150509.

Similar research titled “Global Copper Foam Market Research Report 2017” is spread across 114 pages and profiles 11 companies that provide a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Copper Cable market analysis is provided for the global markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and Bill of Materials cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. Few key manufacturers included in this report are ERG, Cymat, ECKA, Aluinvent, Foamtech, Yuantaida, Shantou Jinzhu New Material, Wuxi Ruihome Foam Aluminum, Linyi Haomen Aluminium, JIA SHI DE and Hunan Ted New Materials. Read more at http://www.reportsnreports.com/reports/1144641-global-copper-foam-market-research-report-2017.html.

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