HSINCHU, Taiwan, May 31 (Bernama-GLOBE NEWSWIRE) -- ITRI's R&D expertise of robotics will be in the international limelight at the 2017 IEEE International Conference on Robotics and Automation (ICRA), the world's largest robotics conference. ICRA is considered the source of many groundbreaking technologies for robotics, self-driving vehicles, and artificial intelligence. At ICRA, top researchers around the globe annually discuss the latest innovations in robotics and automation. Dr. Jwu-Sheng Hu, ITRI's Vice President and General Director of the Mechanical and Mechatronics Systems Research Laboratories, has been invited to serve as one of the Industrial Forum Chairs in ICRA 2017 committee. ITRI's Motion Intelligence Orchestration (MIO) industrial robotics controller and PC-based motion control card EPCIO will also be on display at ICRA 2017.
http://mrem.bernama.com/viewsm.php?idm=29259
Wednesday, 31 May 2017
NATIONAL ENERGY SERVICES REUNITED CORP. ANNOUNCES CLOSING OF PARTIAL OVER-ALLOTMENT EXERCISE IN CONNECTION WITH ITS INITIAL PUBLIC OFFERING
NEW YORK and HOUSTON, May 31 (Bernama-GLOBE NEWSWIRE) -- National Energy Services Reunited Corp. (Nasdaq:NESRU) ("NESR" or the "Company"), a company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, purchasing all or substantially all of the assets of, entering into contractual arrangements, or engaging in any other similar business combination with one or more businesses or entities, announced today that it has consummated the sale of an additional 1,921,700 units pursuant to the partial exercise of the underwriters' over-allotment option in connection with the Company’s initial public offering (“IPO”). The additional units were sold at $10.00 per unit, generating additional gross proceeds of $19,217,000 to the Company and bringing the total gross proceeds of the IPO to $229,217,000.
http://mrem.bernama.com/viewsm.php?idm=29257
http://mrem.bernama.com/viewsm.php?idm=29257
Tuesday, 30 May 2017
A.M. BEST DOWNGRADES CREDIT RATINGS OF THE TOA REINSURANCE COMPANY, LIMITED AND THE TOA REINSURANCE COMPANY OF AMERICA
HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to “a+” from “aa-” of The Toa Reinsurance Company, Limited (Toa Re) (Japan) and its subsidiary, The Toa Reinsurance Company of America (TRA) (headquartered in Morristown, NJ). The outlook of these Credit Ratings (ratings) is stable.
The rating downgrades reflect a business profile that is not comparable to similarly rated peers, which are large global reinsurance companies. Although Toa Re has a strong relationship with the major cedants in Japan, which also are its major shareholders, the company’s profile in the global reinsurance market is not strong enough to support the current ratings. Moreover, the company is faced with weak growth prospects in its domestic market. Toa Re maintains strong risk-adjusted capitalization, owing to improved profitability in recent years and conservative risk management.
The company has improved its business diversification through its life/health reinsurance segments and overseas reinsurance segments over the past five years, which has helped stabilize its performance and support overall business position. Also, Toa Re has tightly controlled risk exposures – catastrophe risks in particular – during this period, which was demonstrated by the stability of recent results despite the impact from the Kumamoto earthquake and the Fort McMurray wildfire in 2016.
A partially offsetting rating factor is Toa Re’s volatile performance track record. Although performance improved in 2016, the company’s weak growth outlook in its domestic market and the sustained intense competition in the overseas reinsurance market will put pressure on performance.
TRA is a wholly owned subsidiary of Toa Re. The company is a U.S.-based property/casualty reinsurer domiciled in Delaware that conducts business predominantly through reinsurance brokers.
TRA benefits from the support of its parent company, Toa Re, through operational and management integration, and retrocessional support.
TRA’s business strategy continues to center on U.S.-regional and mutual companies where it can lead pricing and negotiation over contract terms and conditions. TRA plans to continue to be selective in its new business writings, which is in line with its strategy of profitable growth. TRA also has expanded its presence in Canada through its branch office in Toronto, Ontario that opened in 1999. TRA also strategically diversified its portfolio by writing crop reinsurance starting in 2011.
While positive rating actions are unlikely, downward pressure could arise if there is substantial decline in risk-adjusted capitalization caused by significant deterioration in underwriting results or adverse movement in the financial markets.
The company has improved its business diversification through its life/health reinsurance segments and overseas reinsurance segments over the past five years, which has helped stabilize its performance and support overall business position. Also, Toa Re has tightly controlled risk exposures – catastrophe risks in particular – during this period, which was demonstrated by the stability of recent results despite the impact from the Kumamoto earthquake and the Fort McMurray wildfire in 2016.
A partially offsetting rating factor is Toa Re’s volatile performance track record. Although performance improved in 2016, the company’s weak growth outlook in its domestic market and the sustained intense competition in the overseas reinsurance market will put pressure on performance.
TRA is a wholly owned subsidiary of Toa Re. The company is a U.S.-based property/casualty reinsurer domiciled in Delaware that conducts business predominantly through reinsurance brokers.
TRA benefits from the support of its parent company, Toa Re, through operational and management integration, and retrocessional support.
TRA’s business strategy continues to center on U.S.-regional and mutual companies where it can lead pricing and negotiation over contract terms and conditions. TRA plans to continue to be selective in its new business writings, which is in line with its strategy of profitable growth. TRA also has expanded its presence in Canada through its branch office in Toronto, Ontario that opened in 1999. TRA also strategically diversified its portfolio by writing crop reinsurance starting in 2011.
While positive rating actions are unlikely, downward pressure could arise if there is substantial decline in risk-adjusted capitalization caused by significant deterioration in underwriting results or adverse movement in the financial markets.
TECHNOLOGICAL CHANGE AND CYBER RISK OVERTAKE REGULATION AS TOP RISKS FOR INSURERS
‘Banana Skins’ survey reflects industry risk perception
LONDON, May 30 (Bernama-GLOBE NEWSWIRE) -- The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector.
The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC, surveyed 836 insurance practitioners and industry observers in 52 countries, to find out where they saw the greatest risks over the next 2-3 years.
http://mrem.bernama.com/viewsm.php?idm=29248
LONDON, May 30 (Bernama-GLOBE NEWSWIRE) -- The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector.
The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC, surveyed 836 insurance practitioners and industry observers in 52 countries, to find out where they saw the greatest risks over the next 2-3 years.
http://mrem.bernama.com/viewsm.php?idm=29248
AMOBEE APPOINTS EXPERIENCED LEADER PATRICIA GOH AS VP, SOUTHEAST ASIA
Branding expert and agency veteran joins marketing technology leader
SINGAPORE, May 30 (Bernama-BUSINESS WIRE) -- Amobee,
a global leader in marketing technology, today announced the
appointment of experienced executive Patricia Goh as Vice President,
Southeast Asia, to spearhead growth in its digital advertising solutions
business.
Goh will be responsible for leading Amobee’s Southeast
Asia operations and delivering new digital marketing solutions to
brands and advertising agencies. She will report to Amobee’s Senior Vice
President of Asia, Robert Woolfrey.
Goh joins Amobee
from Starcom Singapore, where she was Managing Director. In that role,
Goh was responsible for overall management, talent development, strategy
and growth. Her expertise across industries was a cornerstone of her
quick ascension within Starcom Worldwide.
Goh will lead Amobee’s
client-focused digital consulting solutions team, leveraging Amobee’s
technology platform and programmatic media capabilities, along with its
social advertising partnerships with Facebook, Twitter, Instagram and
Pinterest. An industry veteran, Goh is an expert in Southeast Asia
marketing and technology, and a native of Singapore.
Woolfrey
said: “Patricia’s solutions-focused management style and passion for
technology has proven successful in driving growth in a dynamic
environment, and we are excited to welcome her to the team.”
The appointment follows the recent acquisition by Amobee of Turn,
a leading global technology platform for marketers and agencies, for
US$310 million. The strategic acquisition by Singtel subsidiary Amobee
is aimed at transforming into a significant digital marketing player in
Asia and around the globe.
The acquisition of Turn will also enable
Amobee to offer marketers an independent end-to-end advertising and data
management platform across all channels, formats and devices.
Amobee
also announced the appointment of Sam Yadallee to the position of VP
Commercial, Asia. Yadallee, who has moved to Singapore from London,
worked as Amobee’s VP of Commercial Partnerships in Europe, and was
formerly Head of Digital Investment for leading media agency Maxus in
the U.K.
The new additions to the Amobee senior management team
follows the appointment last year of Todd Chu to the position of Senior
Vice President, Global Operator Innovation, responsible for developing
Amobee’s data relationships with service providers.
“We have
assembled a strong management team at Amobee in Asia and we are
confident we can bring incredible value to brands and agencies seeking
to execute digital campaigns across display, video, mobile and social
channels,” said Woolfrey. “The digital marketing industry is changing
rapidly and our customers are looking for the best way to maximise their
investments. Our focus is to help them achieve their goals.”
Goh
said she was looking forward to the opportunity at Amobee, adding that
brands and agencies were looking for a technology partner that can
deliver a consolidated and cross-platform approach to their digital
campaigns.
"Amobee is a unique company in the digital marketing
technology space, as it can provide the full suite of services to
advertisers seeking to deploy data and customer insights to their
advantage,” Goh said. “Amobee is changing the way brands and agencies
can connect with consumers with data and technology. I’m also thrilled
at the exciting opportunities Singtel brings across Asia, Australia and
Africa, where the Singtel Group footprint reaches some 640 million
customers across 22 countries.”
ABOUT AMOBEE
Amobee
is a global marketing technology company serving the world's leading
brands and agencies. Amobee's patented Brand Intelligence technology
measures digital engagement to provide a deeper understanding of
audiences, their mindset and interests. Amobee's unified platform
enables marketers to seamlessly plan and activate cross channel,
programmatic media campaigns using Brand Intelligence, and includes ads
API integrations with Facebook, Twitter, Instagram, Pinterest and
Snapchat. Amobee is a wholly owned subsidiary of Singtel, one of the
largest telecommunications companies in the world, which reaches 640
million mobile subscribers. Amobee operates across North America,
Europe, Middle East, Asia and Australia. www.amobee.com
a global leader in marketing technology, today announced the
appointment of experienced executive Patricia Goh as Vice President,
Southeast Asia, to spearhead growth in its digital advertising solutions
business.
Goh will be responsible for leading Amobee’s Southeast
Asia operations and delivering new digital marketing solutions to
brands and advertising agencies. She will report to Amobee’s Senior Vice
President of Asia, Robert Woolfrey.
Goh joins Amobee
from Starcom Singapore, where she was Managing Director. In that role,
Goh was responsible for overall management, talent development, strategy
and growth. Her expertise across industries was a cornerstone of her
quick ascension within Starcom Worldwide.
Goh will lead Amobee’s
client-focused digital consulting solutions team, leveraging Amobee’s
technology platform and programmatic media capabilities, along with its
social advertising partnerships with Facebook, Twitter, Instagram and
Pinterest. An industry veteran, Goh is an expert in Southeast Asia
marketing and technology, and a native of Singapore.
Woolfrey
said: “Patricia’s solutions-focused management style and passion for
technology has proven successful in driving growth in a dynamic
environment, and we are excited to welcome her to the team.”
The appointment follows the recent acquisition by Amobee of Turn,
a leading global technology platform for marketers and agencies, for
US$310 million. The strategic acquisition by Singtel subsidiary Amobee
is aimed at transforming into a significant digital marketing player in
Asia and around the globe.
The acquisition of Turn will also enable
Amobee to offer marketers an independent end-to-end advertising and data
management platform across all channels, formats and devices.
Amobee
also announced the appointment of Sam Yadallee to the position of VP
Commercial, Asia. Yadallee, who has moved to Singapore from London,
worked as Amobee’s VP of Commercial Partnerships in Europe, and was
formerly Head of Digital Investment for leading media agency Maxus in
the U.K.
The new additions to the Amobee senior management team
follows the appointment last year of Todd Chu to the position of Senior
Vice President, Global Operator Innovation, responsible for developing
Amobee’s data relationships with service providers.
“We have
assembled a strong management team at Amobee in Asia and we are
confident we can bring incredible value to brands and agencies seeking
to execute digital campaigns across display, video, mobile and social
channels,” said Woolfrey. “The digital marketing industry is changing
rapidly and our customers are looking for the best way to maximise their
investments. Our focus is to help them achieve their goals.”
Goh
said she was looking forward to the opportunity at Amobee, adding that
brands and agencies were looking for a technology partner that can
deliver a consolidated and cross-platform approach to their digital
campaigns.
"Amobee is a unique company in the digital marketing
technology space, as it can provide the full suite of services to
advertisers seeking to deploy data and customer insights to their
advantage,” Goh said. “Amobee is changing the way brands and agencies
can connect with consumers with data and technology. I’m also thrilled
at the exciting opportunities Singtel brings across Asia, Australia and
Africa, where the Singtel Group footprint reaches some 640 million
customers across 22 countries.”
ABOUT AMOBEE
Amobee
is a global marketing technology company serving the world's leading
brands and agencies. Amobee's patented Brand Intelligence technology
measures digital engagement to provide a deeper understanding of
audiences, their mindset and interests. Amobee's unified platform
enables marketers to seamlessly plan and activate cross channel,
programmatic media campaigns using Brand Intelligence, and includes ads
API integrations with Facebook, Twitter, Instagram, Pinterest and
Snapchat. Amobee is a wholly owned subsidiary of Singtel, one of the
largest telecommunications companies in the world, which reaches 640
million mobile subscribers. Amobee operates across North America,
Europe, Middle East, Asia and Australia. www.amobee.com
Contacts
DC Communications
Sydney / Australia
Duncan W Craig, 61-414-525-218
duncan@dc-comms.com
dc-comms.com
twitter.com/duncanwc
Sydney / Australia
Duncan W Craig, 61-414-525-218
duncan@dc-comms.com
dc-comms.com
twitter.com/duncanwc
Source: Amobee
AMOBEE APPOINTS EXPERIENCED LEADER PATRICIA GOH AS VP, SOUTHEAST ASIA
BANK OF SYDNEY ENHANCES ONLINE AND MOBILE BANKING SERVICES WITH FISERV
SYDNEY & BROOKFIELD, Wis., May 30 (Bernama-BUSINESS WIRE) -- Fiserv, Inc.
(NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Bank of Sydney will work with
Fiserv to provide its consumer and small business customers with
enhanced digital banking capabilities. The bank will implement
DigitalAccess from Fiserv, an end-to-end solution hosted in a cloud
environment, to support all online and mobile applications,
infrastructure, and services offered by Bank of Sydney.
BANK OF SYDNEY ENHANCES ONLINE AND MOBILE BANKING SERVICES WITH FISERV
(NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Bank of Sydney will work with
Fiserv to provide its consumer and small business customers with
enhanced digital banking capabilities. The bank will implement
DigitalAccess from Fiserv, an end-to-end solution hosted in a cloud
environment, to support all online and mobile applications,
infrastructure, and services offered by Bank of Sydney.
BANK OF SYDNEY ENHANCES ONLINE AND MOBILE BANKING SERVICES WITH FISERV
A.M. BEST AFFIRMS CREDIT RATINGS OF MS&AD INSURANCE GROUP HOLDINGS, INC.'S MAIN OPERATING AND U.S. SUBSIDIARIES
HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” of Mitsui Sumitomo Insurance Company, Limited (MSI) and Aioi Nissay Dowa Insurance Company Limited (ADI) (both domiciled in Japan). A.M. Best also has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” of ADI’s subsidiary, Aioi Nissay Dowa Insurance (China) Company Limited (ADIC) (China). The outlook for each of these Credit Ratings (ratings) is stable.
Concurrently, A.M. Best has affirmed the FSR of A+ (Superior) and the Long-Term ICRs of “aa” of Mitsui Sumitomo Insurance Company of America (MSIA), Mitsui Sumitomo Insurance USA Inc. (MSU) and Aioi Nissay Dowa Insurance Company of America (ADIA). The outlook of these ratings is stable. All of these companies are domiciled in New York, NY and are direct subsidiaries of MSIG Holdings (Americas), Inc. The aforementioned companies are owned ultimately by MS&AD Insurance Group Holdings, Inc. (MS&AD), a major insurance group based in Japan.
The ratings of MSI reflect its strong risk-adjusted capitalization, profitable underwriting results and well-established market presence in Japan’s non-life insurance market. MSI is the main operating subsidiary of MS&AD. The company is a significant contributor to the group’s revenue and earnings, and has a strategic role in the group’s overseas expansion initiatives. In fiscal year 2016, MSI’s risk-adjusted capitalization remained strong, while financial leverage also remained favorable. The company has reported profitable and improving operating performance since fiscal year 2012, mainly driven by a consistent decline in the company’s combined ratio over these years.
Offsetting rating factors are MSI’s high exposure to catastrophe risks in Japan’s domestic market and its high level of equity investments, which could bring volatility to the company’s capital and surplus. The company has been addressing these factors by gradually reducing its equity investments, enhancing its reinsurance program and geographically diversifying its risks through overseas expansion.
The ratings of ADI reflect its strong risk-adjusted capitalization, positive trend in operating results and strategic importance to its parent company, MS&AD. ADI’s risk-adjusted capitalization remained strong in fiscal year 2016. The company’s operating performance has improved since fiscal year 2013, driven by the recovery in underwriting performance. ADI is one of MS&AD’s major operating subsidiaries. The company maintains strong business relationships with the group’s major shareholders, the Toyota Motor Corporation and Nippon Life Insurance Company. Furthermore, ADI’s operations, from corporate functions to product development, increasingly are integrated into MS&AD.
Offsetting rating factors include ADI’s high level of equity investments, which could add volatility to the company’s capital and surplus levels, and business concentration in its declining domestic market, which also is highly prone to natural catastrophes.
While positive rating actions are unlikely, negative rating actions on MSI and ADI’s ratings could occur if there is material decline in risk-adjusted capitalization due to significant deterioration in operating profitability. Negative rating actions also could occur in the event of a large-scale catastrophe event that significantly impacts capitalization.
The ratings of ADIC reflect its adequate risk-adjusted capitalization and the wide range of support it receives from its parent, ADI, which is wholly owned by MS&AD. The capital and surplus more than tripled to RMB 449 million (USD 65 million) in 2016 from RMB 133 million (USD 19 million) in 2014, mainly due to a capital injection made by ADI in 2015. The capital injection was intended to support premium growth in ADIC’s core business, auto inward reinsurance business, and also to offset losses from the 2015 Tianjin explosions. The underwriting profit in 2016 contributed to the growth in capital and surplus.
ADIC reported positive results in 2016 attributed to its underwriting profit, compared with net losses over the past five years. The company increased writing its auto inward reinsurance business since 2014, which resulted in a stabilizing performance.
The strong business relationship between ADI and Toyota Motor Corporation has helped establish ADIC’s auto inward reinsurance business. ADIC has a strong partnership with its cedants (primarily Ping An Property & Casualty Insurance Company of China, Ltd., the second-largest property/casualty insurer in China), which A.M. Best expects to lock in a stable stream of income for the company in the medium to long term.
Offsetting rating factors include the company’s historical volatile results caused by large losses in its commercial lines over the past five years and the company’s relatively high expense ratio due to the commission fees of its auto inward reinsurance business.
While positive rating actions are not likely, negative rating actions could occur if there is material deterioration in the company’s risk-adjusted capitalization due to adverse underwriting performance.
The ratings of MSI have been extended to MSIA, MSU and ADIA, as these hold a strategic role within the organization as U.S. domestic insurers and receive the benefit of explicit support provided through internal reinsurance. The ratings also reflect their strong risk-adjusted capitalization and additional implicit support provided by the parent. Effective Jan. 1, 2015, MSIA, MSU and ADIA operate under a pooling agreement. This further strengthens the relationship among the U.S.-based entities and vertically through the organization.
Given the extent of implied and explicit support embedded in these ratings, any upward or downward movement on the ratings of MSI would likely influence the ratings of MSIA, MSU and ADIA. Any material changes to the financial condition of MS&AD or its commitment in the United States also could cause these ratings to move. In addition, if MSIA, MSU and ADIA’s capitalization or operating performance falls markedly short of A.M. Best’s expectations, negative rating actions could ensue.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
The ratings of MSI reflect its strong risk-adjusted capitalization, profitable underwriting results and well-established market presence in Japan’s non-life insurance market. MSI is the main operating subsidiary of MS&AD. The company is a significant contributor to the group’s revenue and earnings, and has a strategic role in the group’s overseas expansion initiatives. In fiscal year 2016, MSI’s risk-adjusted capitalization remained strong, while financial leverage also remained favorable. The company has reported profitable and improving operating performance since fiscal year 2012, mainly driven by a consistent decline in the company’s combined ratio over these years.
Offsetting rating factors are MSI’s high exposure to catastrophe risks in Japan’s domestic market and its high level of equity investments, which could bring volatility to the company’s capital and surplus. The company has been addressing these factors by gradually reducing its equity investments, enhancing its reinsurance program and geographically diversifying its risks through overseas expansion.
The ratings of ADI reflect its strong risk-adjusted capitalization, positive trend in operating results and strategic importance to its parent company, MS&AD. ADI’s risk-adjusted capitalization remained strong in fiscal year 2016. The company’s operating performance has improved since fiscal year 2013, driven by the recovery in underwriting performance. ADI is one of MS&AD’s major operating subsidiaries. The company maintains strong business relationships with the group’s major shareholders, the Toyota Motor Corporation and Nippon Life Insurance Company. Furthermore, ADI’s operations, from corporate functions to product development, increasingly are integrated into MS&AD.
Offsetting rating factors include ADI’s high level of equity investments, which could add volatility to the company’s capital and surplus levels, and business concentration in its declining domestic market, which also is highly prone to natural catastrophes.
While positive rating actions are unlikely, negative rating actions on MSI and ADI’s ratings could occur if there is material decline in risk-adjusted capitalization due to significant deterioration in operating profitability. Negative rating actions also could occur in the event of a large-scale catastrophe event that significantly impacts capitalization.
The ratings of ADIC reflect its adequate risk-adjusted capitalization and the wide range of support it receives from its parent, ADI, which is wholly owned by MS&AD. The capital and surplus more than tripled to RMB 449 million (USD 65 million) in 2016 from RMB 133 million (USD 19 million) in 2014, mainly due to a capital injection made by ADI in 2015. The capital injection was intended to support premium growth in ADIC’s core business, auto inward reinsurance business, and also to offset losses from the 2015 Tianjin explosions. The underwriting profit in 2016 contributed to the growth in capital and surplus.
ADIC reported positive results in 2016 attributed to its underwriting profit, compared with net losses over the past five years. The company increased writing its auto inward reinsurance business since 2014, which resulted in a stabilizing performance.
The strong business relationship between ADI and Toyota Motor Corporation has helped establish ADIC’s auto inward reinsurance business. ADIC has a strong partnership with its cedants (primarily Ping An Property & Casualty Insurance Company of China, Ltd., the second-largest property/casualty insurer in China), which A.M. Best expects to lock in a stable stream of income for the company in the medium to long term.
Offsetting rating factors include the company’s historical volatile results caused by large losses in its commercial lines over the past five years and the company’s relatively high expense ratio due to the commission fees of its auto inward reinsurance business.
While positive rating actions are not likely, negative rating actions could occur if there is material deterioration in the company’s risk-adjusted capitalization due to adverse underwriting performance.
The ratings of MSI have been extended to MSIA, MSU and ADIA, as these hold a strategic role within the organization as U.S. domestic insurers and receive the benefit of explicit support provided through internal reinsurance. The ratings also reflect their strong risk-adjusted capitalization and additional implicit support provided by the parent. Effective Jan. 1, 2015, MSIA, MSU and ADIA operate under a pooling agreement. This further strengthens the relationship among the U.S.-based entities and vertically through the organization.
Given the extent of implied and explicit support embedded in these ratings, any upward or downward movement on the ratings of MSI would likely influence the ratings of MSIA, MSU and ADIA. Any material changes to the financial condition of MS&AD or its commitment in the United States also could cause these ratings to move. In addition, if MSIA, MSU and ADIA’s capitalization or operating performance falls markedly short of A.M. Best’s expectations, negative rating actions could ensue.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
Contacts
A.M. Best
Sergio Agena, +852 2827 3407
Associate Financial Analyst
sergio.agena@ambest.com
or
Edin Imsirovic, +1 908 439 2200, ext. 5740
Senior Financial Analyst
edin.imsirovic@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Sergio Agena, +852 2827 3407
Associate Financial Analyst
sergio.agena@ambest.com
or
Edin Imsirovic, +1 908 439 2200, ext. 5740
Senior Financial Analyst
edin.imsirovic@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Source: A.M. Best
Monday, 29 May 2017
PROPHETSTOR, INNOVIX UNVEILS ANTI-RANSOMWARE SOLUTION
KUALA LUMPUR, May 29 (Bernama) -- ProphetStor Data Services Inc, in
collaboration with Innovix Distribution has introduced the ProphetStor DR
Prophet Software-Defined Data Protection, an anti-ransomware software that
helps enterprises avoid suffering heavy losses in revenue over the years.
The product has the ability to recover any file, folder, disk and even
entire servers from being hijacked or stolen and restore them to the
original state, ProphetStor said in a statement today.
ProphetStor South Asia Regional Director, Simon Ng, said the anti-ransomware
solution bundle was unique because customers could achieve full server
recovery up to the last snapshot stored within minutes.
The innovation was powered by the robust and cost-effective Hewlett Packard
Enterprise servers, which enable cost-conscious customers to reap the
benefits from an all-in-one solution bundle, he said.
"This innovative solution bundle is tailored for small and medium
enterprises in the healthcare, food and beverage, hospitality and
manufacturing industries, and own point-of-sale, warehousing, finance and
inventory systems," Ng said, adding the product bundle would be distributed
by Innovix and is now commercially available to end-users.
ProphetStor Data Services Inc, headquartered in Milpitas,
California, was founded in 2012 by storage experts with extensive experience
in cloud computing platforms, software-based networked storage, data
services, business continuity and disaster recovery.
Innovix Distribution, meanwhile, is a member of Fortune Global 500-listed
Jardine Matheson Group and is one of Asia''s leading technology distributors
in the past 60 years.
-- BERNAMA
ASTANA INTERNATIONAL FINANCIAL CENTRE JSC AND NASDAQ SIGN TECHNOLOGY DEAL FOR NEW AIFC EXCHANGE
The AIFC Exchange will run on Nasdaq Financial Framework trading technology
The new exchange is targeted to launch in late-2017
NEW YORK & ASTANA, Kazakhstan, May 29 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) and Astana International Financial Centre JSC (AIFC) today announced a new, significant agreement. Nasdaq has been selected to power Kazakhstan’s nascent stock exchange, the AIFC Exchange. The exchange is targeted to launch in late-2017 and will initially trade equities and fixed income with other asset classes for future phases.
http://mrem.bernama.com/viewsm.php?idm=29246
The new exchange is targeted to launch in late-2017
NEW YORK & ASTANA, Kazakhstan, May 29 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) and Astana International Financial Centre JSC (AIFC) today announced a new, significant agreement. Nasdaq has been selected to power Kazakhstan’s nascent stock exchange, the AIFC Exchange. The exchange is targeted to launch in late-2017 and will initially trade equities and fixed income with other asset classes for future phases.
http://mrem.bernama.com/viewsm.php?idm=29246
TOSHIBA UNVEILS NVME™ SSDS USING 64-LAYER, 3D FLASH MEMORY
TOKYO, May 29 (Bernama-BUSINESS WIRE) -- Toshiba Memory Corporation (hereinafter Toshiba) today launched the XG5 series, a new line of NVM ExpressTM (NVMeTM)
SSDs integrating 64-layer, 3D flash memories, with a maximum capacity
of 1024GB in a thin single-sided form factor. Sample shipments to OEM
customers start today in limited quantities, and Toshiba will gradually
increase shipments from the third calendar quarter of this year.
The new SSDs, equipped with Toshiba’s latest 64-layer, 3-bit-per-cell TLC (triple-level cell) BiCS FLASHTM, utilize the features of PCI EXPRESS® (PCIe®) Gen3 x 4 lanes and SLC cache to deliver 3000 MB/s sequential read[2] and 2100 MB/s sequential write[2]. They are also more efficient than Toshiba existing products [3] and reduce standby mode power consumption by over 50%, to less than 3mW [4].
TOSHIBA UNVEILS NVME™ SSDS USING 64-LAYER, 3D FLASH MEMORY
SSDs integrating 64-layer, 3D flash memories, with a maximum capacity
of 1024GB in a thin single-sided form factor. Sample shipments to OEM
customers start today in limited quantities, and Toshiba will gradually
increase shipments from the third calendar quarter of this year.
The new SSDs, equipped with Toshiba’s latest 64-layer, 3-bit-per-cell TLC (triple-level cell) BiCS FLASHTM, utilize the features of PCI EXPRESS® (PCIe®) Gen3 x 4 lanes and SLC cache to deliver 3000 MB/s sequential read[2] and 2100 MB/s sequential write[2]. They are also more efficient than Toshiba existing products [3] and reduce standby mode power consumption by over 50%, to less than 3mW [4].
TOSHIBA UNVEILS NVME™ SSDS USING 64-LAYER, 3D FLASH MEMORY
TGS AND PGS ANNOUNCE FOURTH 3D SEISMIC PROJECT OFFSHORE EASTERN CANADA
ASKER, Norway, May 26 (Bernama-GLOBE NEWSWIRE) -- TGS and Petroleum Geo-Services (“PGS”) announce the fourth 3D seismic project offshore Eastern Canada for 2017. Long Range 3D will comprise approximately 9,100 km2of 3D GeoStreamer® data in the Eastern Newfoundland region. The survey covers open acreage which will be included in the November 2018 licensing round under Newfoundland and Labrador’s Scheduled Land Tenure system.
Following completion of these surveys, the jointly-owned library will have more than 175,000 km of 2D GeoStreamer data and 28,500 km2 of 3D GeoStreamer data. An expansive well log library is also available in the region, along with advanced multi-client interpretation products that will improve play, trend and prospect delineation.
“With four 3D projects now committed for 2017 this will be our most active year ever in Newfoundland and Labrador. E&P companies are continuing to prioritize this region in their exploration strategies and we are well placed to support them as they prepare for future licensing rounds," commented Kristian Johansen, CEO of TGS.
“Our increased data library coverage in the Newfoundland Labrador region will be of benefit for oil companies exploring this high potential area. We will operate three 3D vessels and one 2D vessel offshore East Canada this year, which is more than ever before and reflects high customer interest,” says Jon Erik Reinhardsen, President & CEO of PGS.
This project is supported by industry funding.
A PDF accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/78badda3-e25c-4785-afa4-b2cd40b0d9bc
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions.
For more information visit TGS online at www.tgs.com.
Forward-looking statements and contact information
All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include TGS' reliance on a cyclical industry and principle customers, TGS' ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data products at costs commensurate with profitability. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (OSLO:TGS).
TGS sponsored American Depositary Shares trade on the U.S. over-the-counter market under the symbol "TGSGY”.
For additional information about this press release please contact:
Sven Børre Larsen
Chief Financial Officer
Tel: +47 90 94 36 73
Email: sven.larsen@tgs.com
Will Ashby
VP HR & Communication
Tel: +1 713 860 2184
Email: will.ashby@tgs.com
SOURCE : TGS
--BERNAMA
Following completion of these surveys, the jointly-owned library will have more than 175,000 km of 2D GeoStreamer data and 28,500 km2 of 3D GeoStreamer data. An expansive well log library is also available in the region, along with advanced multi-client interpretation products that will improve play, trend and prospect delineation.
“With four 3D projects now committed for 2017 this will be our most active year ever in Newfoundland and Labrador. E&P companies are continuing to prioritize this region in their exploration strategies and we are well placed to support them as they prepare for future licensing rounds," commented Kristian Johansen, CEO of TGS.
“Our increased data library coverage in the Newfoundland Labrador region will be of benefit for oil companies exploring this high potential area. We will operate three 3D vessels and one 2D vessel offshore East Canada this year, which is more than ever before and reflects high customer interest,” says Jon Erik Reinhardsen, President & CEO of PGS.
This project is supported by industry funding.
A PDF accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/78badda3-e25c-4785-afa4-b2cd40b0d9bc
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions.
For more information visit TGS online at www.tgs.com.
Forward-looking statements and contact information
All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include TGS' reliance on a cyclical industry and principle customers, TGS' ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data products at costs commensurate with profitability. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (OSLO:TGS).
TGS sponsored American Depositary Shares trade on the U.S. over-the-counter market under the symbol "TGSGY”.
For additional information about this press release please contact:
Sven Børre Larsen
Chief Financial Officer
Tel: +47 90 94 36 73
Email: sven.larsen@tgs.com
Will Ashby
VP HR & Communication
Tel: +1 713 860 2184
Email: will.ashby@tgs.com
SOURCE : TGS
--BERNAMA
A.M. BEST AFFIRMS CREDIT RATINGS OF DTRIC INSURANCE COMPANY, LIMITED
HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of DTRIC Insurance Company, Limited (DTRIC), and its reinsured affiliate, DTRIC Insurance Underwriters, Limited. The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Honolulu, HI.
The ratings reflect DTRIC’s adequate risk-adjusted capitalization and improved operating performance. The ratings also reflect the implicit and explicit support provided by its ultimate parent company, Aioi Nissay Dowa Insurance Company Limited (ADI), which currently owns 74.8% of DTRIC’s shares. ADI is a wholly owned subsidiary of MS&AD Insurance Group Holdings, Inc.
http://mrem.bernama.com/viewsm.php?idm=29244
The ratings reflect DTRIC’s adequate risk-adjusted capitalization and improved operating performance. The ratings also reflect the implicit and explicit support provided by its ultimate parent company, Aioi Nissay Dowa Insurance Company Limited (ADI), which currently owns 74.8% of DTRIC’s shares. ADI is a wholly owned subsidiary of MS&AD Insurance Group Holdings, Inc.
http://mrem.bernama.com/viewsm.php?idm=29244
A.M. BEST REVISES OUTLOOKS TO NEGATIVE FOR PRODUCT CARE (NZ) LIMITED
SINGAPORE, May 26 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Product Care (NZ) Limited (PCL) (New Zealand).
The revised outlooks reflect the company’s weakening solvency position and an unfavorable trend in underwriting performance. Based on recent financial results, the company’s underwriting profitability shows a downward trend, due to worse-than-expected claims experience emerging from its recently launched full replacement extended warranty cover.
The Credit Ratings (ratings) reflect PCL’s adequate risk-adjusted capitalization and conservative investment portfolio. Risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio, remains marginally supportive of its current ratings. Despite poor claims experience in recent years, consistent investment income has helped offset volatility and absorb the negative underwriting results, thus contributing to overall positive results.
The outlooks could be revised back to stable if the company can reverse its poor underwriting performance trend. Negative rating actions could arise if PCL’s capital position further erodes or the unfavorable earnings trend persists. Furthermore, negative rating actions could occur if the consolidated financial performance of its ultimate parent deteriorates.
The Credit Ratings (ratings) reflect PCL’s adequate risk-adjusted capitalization and conservative investment portfolio. Risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio, remains marginally supportive of its current ratings. Despite poor claims experience in recent years, consistent investment income has helped offset volatility and absorb the negative underwriting results, thus contributing to overall positive results.
The outlooks could be revised back to stable if the company can reverse its poor underwriting performance trend. Negative rating actions could arise if PCL’s capital position further erodes or the unfavorable earnings trend persists. Furthermore, negative rating actions could occur if the consolidated financial performance of its ultimate parent deteriorates.
BROADSOFT ANNOUNCES WINNERS OF ANNUAL ACHIEVEMENT AWARDS IN AUSTRALASIA
- Annual Awards Highlight Achievements by BroadSoft Australasian customers and partners
- Announced on 24 May 2017 at the BroadSoft Connect Event in Melbourne
- Connect Event attended by over 250 telecommunications professionals from Australasian Region
MELBOURNE, Australia, May 26 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT), a global market leader in cloud business software for unified communication, collaboration and contact center (UCaaS), is pleased to announce the winners of its Annual Achievement Awards, presented at the BroadSoft Connect Melbourne event this week.
The award winners are:
Fixed and Mobile Unified Communications Innovation Award
Recipient: Vodafone New Zealand
Accepted by: Josh Papera, Operations Manager, Vodafone Next Generation Services
Global Unified Communications Leadership Award
Recipient: Telstra
Accepted by: Gretchen Cooke, Director, Unified Communications and Digital Media at Telstra
Millennial Leadership Award:
Recipient: Access4
Accepted by: Tim Jackson, Managing Director, and Ruy Franco, Sales and Marketing Director, Access4
BroadCloud Leadership Award
Recipient: Optus
Accepted by: Norm Countryman, Small and Medium Business Product and Marketing Manager
Cloud Unified Communications Award
Recipient: Justin Martin, Network Architect, Vocus
About BroadSoft:
BroadSoft is the leading provider of cloud software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their Internet Protocol networks. The Company’s core communications platform enables the delivery of a range of enterprise and consumer calling, messaging and collaboration communication services, including private branch exchanges, video calling, text messaging and converged mobile and fixed-line services. For additional information, visit http://www.BroadSoft.com.
BroadSoft Media Contacts:
APAC
Terry Alberstein
Navigate Communication
+61 (0) 458-484-921
terry@navigatecommunication.com.au
Niaobh Levestam
Global Press and Media Relations, BroadSoft
+44 (0)7919 605660
nlevestam@broadsoft.com
SOURCE : BroadSoft, Inc.
--BERNAMA
The award winners are:
Fixed and Mobile Unified Communications Innovation Award
Recipient: Vodafone New Zealand
Accepted by: Josh Papera, Operations Manager, Vodafone Next Generation Services
Global Unified Communications Leadership Award
Recipient: Telstra
Accepted by: Gretchen Cooke, Director, Unified Communications and Digital Media at Telstra
Millennial Leadership Award:
Recipient: Access4
Accepted by: Tim Jackson, Managing Director, and Ruy Franco, Sales and Marketing Director, Access4
BroadCloud Leadership Award
Recipient: Optus
Accepted by: Norm Countryman, Small and Medium Business Product and Marketing Manager
Cloud Unified Communications Award
Recipient: Justin Martin, Network Architect, Vocus
About BroadSoft:
BroadSoft is the leading provider of cloud software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their Internet Protocol networks. The Company’s core communications platform enables the delivery of a range of enterprise and consumer calling, messaging and collaboration communication services, including private branch exchanges, video calling, text messaging and converged mobile and fixed-line services. For additional information, visit http://www.BroadSoft.com.
BroadSoft Media Contacts:
APAC
Terry Alberstein
Navigate Communication
+61 (0) 458-484-921
terry@navigatecommunication.com.au
Niaobh Levestam
Global Press and Media Relations, BroadSoft
+44 (0)7919 605660
nlevestam@broadsoft.com
SOURCE : BroadSoft, Inc.
--BERNAMA
Sunday, 28 May 2017
AXA HEARTS IN ACTION RUN 2017 AIMS FOR 8,000 RUNNERS!
KUALA LUMPUR, May 24 (Bernama) -- AXA Affin General
Insurance Berhad (AAGI) announced the launch of the AXA Hearts in Action
Run 2017, which will take place on 24 September 2017 at MAEPS, Serdang.
This is the third consecutive year in which AAGI is hosting the event. In 2016,
the event was well-received with over 7,000 participants, and contributions of
RM110,000 to WWF-Malaysia.
This year, AAGI is aiming to make cash contributions
to four (4) non-profit organisations (NGOs) in Malaysia, including: WWF-Malaysia
(which was the beneficiary in 2015 and 2016), National Council of Women’s
Organisations (NCWO), National Kidney Foundation (NKF) and World Vision Malaysia
(WVM).
By participating in this event, runners will not only be able to enjoy a
fun and healthy day with family and friends, but make a real difference by
contributing to these organizations at the same time, as part of the proceeds
will go towards supporting the various initiatives and projects by these
organizations.
 |
Yeap
Chong Wei, GM of Marketing of WWF-Malaysia; Omna Sreeni-Ong, Hon Secretary
General of NCWO; Shynta Rina Yoernal, Head of Finance of WWF-Malaysia; Rebecca
Tan, Chief Marketing Officer (CMO) and Bancassurance of AAGI; Chua Hong Wee, CEO
of NKF and Monica Tan, Head Resource Development of WVM, signing the memorandum
of agreement
|
Saturday, 27 May 2017
TIME INC. AND DESIGNSINGAPORE COUNCIL ANNOUNCE LEADERSHIP AND GLOBAL ADVISORY COUNCIL FOR BRAINSTORM DESIGN, SINGAPORE, MARCH 6-8, 2018
NEW YORK & SINGAPORE, May 26 (Bernama-BUSINESS WIRE) -- Time Inc. (NYSE: TIME) and DesignSingapore Council (Dsg) announce the editorial leadership and the formation of a Global Advisory Council of business leaders and design experts to give counsel, propose the format, and recommend content for Brainstorm Design 2018. The conference is scheduled to occur during Singapore Design Week on March 6-8, 2018. The event will bring together global thought leaders in design and business to share insights and strategies for design innovation. Brainstorm Design is supported by the Singapore Economic Development Board (EDB).
Time Inc. has named Clay Chandler Editorial Director of Brainstorm Design, in addition to his current position as Executive Editor, Time Inc. International. In his new role, Chandler oversees programming, marketing, and the coordination of collaboration among Time Inc. brands for Brainstorm Design. Renowned designer Tom Dixon will serve as the event’s inaugural guest Creative Director. The Global Advisory Council will include Dixon; architect and designer Thomas Heatherwick; DesignSingapore Council Executive Director Agnes Kwek; PepsiCo Chief Design Officer Mauro Porcini; artist and innovator Daan Roosegaarde; architect Ole Scheeren; and architect and designer Patricia Urquiola. The Global Advisory Council will expand in the coming weeks, with additions from both the business and design communities.
http://mrem.bernama.com/viewsm.php?idm=29231
Time Inc. has named Clay Chandler Editorial Director of Brainstorm Design, in addition to his current position as Executive Editor, Time Inc. International. In his new role, Chandler oversees programming, marketing, and the coordination of collaboration among Time Inc. brands for Brainstorm Design. Renowned designer Tom Dixon will serve as the event’s inaugural guest Creative Director. The Global Advisory Council will include Dixon; architect and designer Thomas Heatherwick; DesignSingapore Council Executive Director Agnes Kwek; PepsiCo Chief Design Officer Mauro Porcini; artist and innovator Daan Roosegaarde; architect Ole Scheeren; and architect and designer Patricia Urquiola. The Global Advisory Council will expand in the coming weeks, with additions from both the business and design communities.
http://mrem.bernama.com/viewsm.php?idm=29231
Friday, 26 May 2017
NASDAQ TO DELIVER POST-TRADE TECHNOLOGY TO DEPÓSITO CENTRAL DE VALORES (DCV)
The Chilean central securities depository (CSD) will boost its infrastructure capabilities and increase efficiencies with fully-fledged CSD solution based on the Nasdaq Financial Framework
NEW YORK and SANTIAGO, Chile, May 25 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) and Depósito Central de Valores (DCV) today announced a new landmark agreement to bolster the technological infrastructure of Chile's central securities depository (CSD).
"We are very satisfied with our thorough, year-long vendor partnership process in selecting the Nasdaq platform, which will replace the core system of the DCV," said Fernando Yáñez, CEO of DCV. "We believe with the implementation of this new system, we will have more opportunities for growth and diversification in our current services, as well as strengthening our day-to-day operations."
NEW YORK and SANTIAGO, Chile, May 25 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) and Depósito Central de Valores (DCV) today announced a new landmark agreement to bolster the technological infrastructure of Chile's central securities depository (CSD).
"We are very satisfied with our thorough, year-long vendor partnership process in selecting the Nasdaq platform, which will replace the core system of the DCV," said Fernando Yáñez, CEO of DCV. "We believe with the implementation of this new system, we will have more opportunities for growth and diversification in our current services, as well as strengthening our day-to-day operations."
HONDA LAUNCHES "LOVE CUB SNAP" PHOTO PROJECT TO BRING SUPER CUB LOVERS WORLDWIDE TOGETHER
TOKYO, May 26, 2017 /Kyodo JBN-AsiaNet/ --
Honda Motor Co., Ltd. (http://world.honda.com/) launched on Friday, May 26, its "Love Cub Snap" website, a project dedicated to bringing together Super Cub lovers from every region and all ages through photographs.
Love Cub Snap website: https://lovecubsnap.honda.co.jp/en/
By customers uploading photographs of themselves with their Super Cubs to the website, Super Cub fans from all over the world will appear linked to other fans by their Super Cubs' wheels. The photographs will be shown as a gallery on the website.
http://mrem.bernama.com/viewsm.php?idm=29232
Honda Motor Co., Ltd. (http://world.honda.com/) launched on Friday, May 26, its "Love Cub Snap" website, a project dedicated to bringing together Super Cub lovers from every region and all ages through photographs.
Love Cub Snap website: https://lovecubsnap.honda.co.jp/en/
By customers uploading photographs of themselves with their Super Cubs to the website, Super Cub fans from all over the world will appear linked to other fans by their Super Cubs' wheels. The photographs will be shown as a gallery on the website.
http://mrem.bernama.com/viewsm.php?idm=29232
SYNECTICS WINS AIRPORT OPERATIONAL COMMAND AND CONTROL CENTER CONTRACT FOR JAKARTA AIRPORT
SHEFFIELD, England, May 26 (Bernama-BUSINESS WIRE) -- Global surveillance solutions expert Synectics
is to design an integrated end-to-end solution for the new Airport
Operational Command & Control Center (AOCC) at Jakarta's Soekarno-Hatta International Airport, the busiest airport in the southern hemisphere.
The
state-of-the-art AOCC is designed to enable stakeholders, including
airlines, the ability to manage all aspects of operations at
Soekarno-Hatta's Terminals 1 and 2 ‒ spanning airside, landside and
ground access.
With Synergy 3 command and control software
at its core, the solution developed by Synectics facilitates this by
enabling third-party alarms and events, security and process control
sub-systems, video, and data to be monitored, recorded, and managed from
a single, unified platform, delivering complete situational awareness
across all aspects of terminal operations.
Systems integration,
as part of the AOCC solution, will include cameras, access control, fire
alarms, facilities management, building management, the airport
operational database (AODB) and intelligent video analytics (IVA).
Synergy
3's customizable user interface and user-driven dynamic workflows also
ensure compliance with the AP-II Standard Operating Procedures (SOPs),
making the solution perfect for supporting rapid and informed decision
making in airport management environments.
The AOCC project will
have access to dedicated local resources, supplied through Synectics'
regional office in Singapore, for activities such as commissioning,
technical and after sales support.
The global surveillance specialist has been working with systems integrator Jaya Teknik,
and airport operator PT. Angkasa Pura II - (AP II) since 2015, with the
initial project for Soekarno-Hatta's Terminal 3 Ultimate, which served
its inaugural international flight in May this year.
Synectics was originally commissioned to develop an integrated solution that would allow PT. Angkasa Pura II - (AP II)
to monitor and manage more than 6,000 integrated safety and security
edge devices from a range of sub-systems at the terminal; including
cameras, access control panels, fire alarm points, baggage x-ray
scanners and intelligent video analytics.
Linda Hadi, Director at
Jaya Teknik ICT Division, said: "Having worked with Synectics on the
integrated security management solution for Terminal 3 Ultimate, we had
no hesitation in collaborating with them to develop a dedicated system
for the new AOCC covering Terminals 1 and 2.
"Synectics has a
real understanding of how airports work and the key parameters for
ensuring a positive passenger experience. More importantly, they
understand how innovative technology can alleviate those pressures and
support safe, secure and efficient operations."
This contract
reflects Synectics' growing reputation within the global transport
industry for both infrastructure and on-vehicle safety and security. In
addition to protecting major global airport facilities, Synectics'
solutions monitor one of the world's largest metro systems and globally
protect over 3 billion passengers every year.
Greg Alcorn,
Synectics Divisional Director – Transport & Infrastructure,
commented: "Developing trusted relationships based on a deep
understanding of sector and customer needs is the cornerstone of our
business proposition, so we are delighted to be able to strengthen our
partnership with Jaya Teknik and Soekarno-Hatta with this latest
project."
is to design an integrated end-to-end solution for the new Airport
Operational Command & Control Center (AOCC) at Jakarta's Soekarno-Hatta International Airport, the busiest airport in the southern hemisphere.
The
state-of-the-art AOCC is designed to enable stakeholders, including
airlines, the ability to manage all aspects of operations at
Soekarno-Hatta's Terminals 1 and 2 ‒ spanning airside, landside and
ground access.
With Synergy 3 command and control software
at its core, the solution developed by Synectics facilitates this by
enabling third-party alarms and events, security and process control
sub-systems, video, and data to be monitored, recorded, and managed from
a single, unified platform, delivering complete situational awareness
across all aspects of terminal operations.
Systems integration,
as part of the AOCC solution, will include cameras, access control, fire
alarms, facilities management, building management, the airport
operational database (AODB) and intelligent video analytics (IVA).
Synergy
3's customizable user interface and user-driven dynamic workflows also
ensure compliance with the AP-II Standard Operating Procedures (SOPs),
making the solution perfect for supporting rapid and informed decision
making in airport management environments.
The AOCC project will
have access to dedicated local resources, supplied through Synectics'
regional office in Singapore, for activities such as commissioning,
technical and after sales support.
The global surveillance specialist has been working with systems integrator Jaya Teknik,
and airport operator PT. Angkasa Pura II - (AP II) since 2015, with the
initial project for Soekarno-Hatta's Terminal 3 Ultimate, which served
its inaugural international flight in May this year.
Synectics was originally commissioned to develop an integrated solution that would allow PT. Angkasa Pura II - (AP II)
to monitor and manage more than 6,000 integrated safety and security
edge devices from a range of sub-systems at the terminal; including
cameras, access control panels, fire alarm points, baggage x-ray
scanners and intelligent video analytics.
Linda Hadi, Director at
Jaya Teknik ICT Division, said: "Having worked with Synectics on the
integrated security management solution for Terminal 3 Ultimate, we had
no hesitation in collaborating with them to develop a dedicated system
for the new AOCC covering Terminals 1 and 2.
"Synectics has a
real understanding of how airports work and the key parameters for
ensuring a positive passenger experience. More importantly, they
understand how innovative technology can alleviate those pressures and
support safe, secure and efficient operations."
This contract
reflects Synectics' growing reputation within the global transport
industry for both infrastructure and on-vehicle safety and security. In
addition to protecting major global airport facilities, Synectics'
solutions monitor one of the world's largest metro systems and globally
protect over 3 billion passengers every year.
Greg Alcorn,
Synectics Divisional Director – Transport & Infrastructure,
commented: "Developing trusted relationships based on a deep
understanding of sector and customer needs is the cornerstone of our
business proposition, so we are delighted to be able to strengthen our
partnership with Jaya Teknik and Soekarno-Hatta with this latest
project."
Source: Synectics
SYNECTICS WINS AIRPORT OPERATIONAL COMMAND AND CONTROL CENTER CONTRACT FOR JAKARTA AIRPORT
TOSHIBA LAUNCHES HIGH VOLTAGE INTELLIGENT POWER DEVICE WITH 600V AND 5A RATING
TOKYO, May 25 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of “TPD4207F,” the latest addition to its line-up of high voltage intelligent power devices (IPDs) in small-size packages for use in fan motors, including those of air conditioners, air cleaners and pumps. The new IPD is housed in a small “SOP30” surface mount package, and achieves an increased current rating of 5A and high voltage of 600V. Mass production shipments start today.
Utilizing Toshiba’s latest MOSFET technology for reducing power loss, the 600V Super Junction MOSFET “DTMOSIV series,” the new IPD achieves a 5A rating. This is sufficient to drive the compressor motor of a refrigerator, which current IPDs cannot do, and will expand the range of application.
Features
Achieves 600V and 5A rating in a compact surface-mount device package.
Applications
Refrigerator compressor motors, etc.
Follow the link below for more on the new product.
https://toshiba.semicon-storage.com/info/lookup.jsp?pid=TPD4207F®ion=apc&lang=en
Follow the link below for more on Toshiba IPDs.
https://toshiba.semicon-storage.com/ap-en/product/linear/ipd.html
Customer Inquiries:
Power Device Sales & Marketing Department
Tel: +81-3-3457-3933
https://toshiba.semicon-storage.com/ap-en/contact.html
Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice.
About Toshiba
Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into three focus business fields: Energy that sustains everyday life, that is cleaner and safer; Infrastructure that sustains quality of life; and Storage that sustains the advanced information society. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations and is contributing to the realization of a world where generations to come can live better lives.
Features
Achieves 600V and 5A rating in a compact surface-mount device package.
Applications
Refrigerator compressor motors, etc.
Follow the link below for more on the new product.
https://toshiba.semicon-storage.com/info/lookup.jsp?pid=TPD4207F®ion=apc&lang=en
Follow the link below for more on Toshiba IPDs.
https://toshiba.semicon-storage.com/ap-en/product/linear/ipd.html
Customer Inquiries:
Power Device Sales & Marketing Department
Tel: +81-3-3457-3933
https://toshiba.semicon-storage.com/ap-en/contact.html
Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice.
About Toshiba
Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into three focus business fields: Energy that sustains everyday life, that is cleaner and safer; Infrastructure that sustains quality of life; and Storage that sustains the advanced information society. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations and is contributing to the realization of a world where generations to come can live better lives.
MEDIA STATEMENT MQA AND UK NARIC STRENGTHENS ITS COLLABORATION IN HIGHER EDUCATION
LONDON, May 25 (Bernama) -- The Malaysian Qualifications Agency (MQA) continues to strengthen its good relationship with the National Recognition Information Centre for the United Kingdom (UK NARIC) with the signing of the Memorandum of Cooperation (MoC) between both agencies. The MoC was signed today by the Chief Executive Officer (CEO) of MQA, Dato’ Prof. Dr. Rujhan Mustafa and the Head of Stakeholder Management Group of UK NARIC, Mr Tim Buttress, representing Dr. Cloud Bai-yun, the CEO of UK NARIC. The signing, which took place at the Malaysian High Commission, London was witnessed by the Secretary General of the Ministry of Higher Education, Malaysia, HE Tan Sri Dr. Noorul Ainur Mohd. Nur.
The MoC aims at fostering and promoting technical cooperation that will be of benefit through, amongst others, exchange of information, staff and experts. Both agencies have also explicitly expressed their commitments in exploring joint activities and research, as well as areas of mutual benefit in the fields, among others, qualifications assessment, equivalency and referencing.
Noorul Ainur in her remarks said, MQA has been performing a vital role, since its establishment in 2007, as the national reference center for accredited qualifications in Malaysia. This is indeed a big task considering Malaysia has been receiving a large number of international students, every year, entering with their national qualifications and Malaysia has been producing a large number of international graduates that would return to their countries or migrating to other countries.
This is the first of such memorandum that MQA signed specifically in the field of qualification referencing. MQA have been engaging with UK NARIC since 2005 where its database has enable the Agency to advise Malaysian Higher Education providers in receiving international students where information on their national qualifications is limited.
The signing of this document formally establishes a new phase of cooperation between the two organizations. Noorul Ainur hopes this cooperation will allow MQA to strengthen its qualification referencing capacity to support the nearly completed revised Malaysia Qualifications Framework and the Agency’s endeavor to reference the Framework with the ASEAN Qualification Reference Framework in the near future.
Noorul Ainur led the Malaysian Delegation to the Going Global 2017 Conference in London that concluded yesterday. Malaysia is co-hosting with British Council in next year’s Going Global in Kuala Lumpur from 2-4 May 2018.
SOURCE : Malaysian Qualifications Agency (MQA)
FOR MORE INFORMATION PLEASE CONTACT:
Name : Noor Farahstin Hassan
Tel : 03 7968 6034
Email : farahstin@mqa.gov.my
--BERNAMA
The MoC aims at fostering and promoting technical cooperation that will be of benefit through, amongst others, exchange of information, staff and experts. Both agencies have also explicitly expressed their commitments in exploring joint activities and research, as well as areas of mutual benefit in the fields, among others, qualifications assessment, equivalency and referencing.
Noorul Ainur in her remarks said, MQA has been performing a vital role, since its establishment in 2007, as the national reference center for accredited qualifications in Malaysia. This is indeed a big task considering Malaysia has been receiving a large number of international students, every year, entering with their national qualifications and Malaysia has been producing a large number of international graduates that would return to their countries or migrating to other countries.
This is the first of such memorandum that MQA signed specifically in the field of qualification referencing. MQA have been engaging with UK NARIC since 2005 where its database has enable the Agency to advise Malaysian Higher Education providers in receiving international students where information on their national qualifications is limited.
The signing of this document formally establishes a new phase of cooperation between the two organizations. Noorul Ainur hopes this cooperation will allow MQA to strengthen its qualification referencing capacity to support the nearly completed revised Malaysia Qualifications Framework and the Agency’s endeavor to reference the Framework with the ASEAN Qualification Reference Framework in the near future.
Noorul Ainur led the Malaysian Delegation to the Going Global 2017 Conference in London that concluded yesterday. Malaysia is co-hosting with British Council in next year’s Going Global in Kuala Lumpur from 2-4 May 2018.
SOURCE : Malaysian Qualifications Agency (MQA)
FOR MORE INFORMATION PLEASE CONTACT:
Name : Noor Farahstin Hassan
Tel : 03 7968 6034
Email : farahstin@mqa.gov.my
--BERNAMA
Thursday, 25 May 2017
SAISON INFORMATION SYSTEMS : HULFT HOLDS THE SECOND LARGEST WORLDWIDE SALES SHARE ACCORDING TO GARTNER'S MFT MARKET RESEARCH
TOKYO, May 25 (Bernama-BUSINESS WIRE) --
SAISON INFORMATION SYSTEMS CO., LTD. (Headquarters: Toshima-ku, Tokyo;
President: Kazuhiro Uchida; hereafter “SAISON INFORMATION SYSTEMS”) has
today announced that HULFT now holds the second-largest worldwide sales
share (*1) according to All Enterprise Software Market Share (Managed File Transfer Suites Segment), Worldwide, 2016, a
report of the survey on the managed file transfer (MFT) (*2) market
published by Gartner Inc. Sold and supplied by SAISON INFORMATION
SYSTEMS, HULFT already holds the largest market share in the domestic
market (*3) and in the Asian market (*4).
SAISON INFORMATION SYSTEMS : HULFT HOLDS THE SECOND LARGEST WORLDWIDE SALES SHARE ACCORDING TO GARTNER'S MFT MARKET RESEARCH
SAISON INFORMATION SYSTEMS CO., LTD. (Headquarters: Toshima-ku, Tokyo;
President: Kazuhiro Uchida; hereafter “SAISON INFORMATION SYSTEMS”) has
today announced that HULFT now holds the second-largest worldwide sales
share (*1) according to All Enterprise Software Market Share (Managed File Transfer Suites Segment), Worldwide, 2016, a
report of the survey on the managed file transfer (MFT) (*2) market
published by Gartner Inc. Sold and supplied by SAISON INFORMATION
SYSTEMS, HULFT already holds the largest market share in the domestic
market (*3) and in the Asian market (*4).
SAISON INFORMATION SYSTEMS : HULFT HOLDS THE SECOND LARGEST WORLDWIDE SALES SHARE ACCORDING TO GARTNER'S MFT MARKET RESEARCH
PUBMATIC EXTENDS PREBID.JS WITH OPENWRAP, INDUSTRY FIRST HYBRID CLIENT- AND SERVER-SIDE WRAPPER SOLUTION
Empowers publishers to balance header bidding integration mix with enterprise management capabilities
REDWOOD CITY, Calif., May 25 (Bernama-BUSINESS WIRE) -- PubMatic, the automation solutions company for an open digital media industry, today announced further expansion of its OpenWrap product, now the industry’s first free and fully-supported hybrid wrapper solution. Extending the most widely used open-source container script, Prebid.js, OpenWrap optimizes a publisher’s integration mix of client- and server-side demand to future-proof their ad decisioning strategies.
“Publishers no longer need to choose between growing monetization today with client-side integrations and preparing for a future where auctions will transition to the server-side,” said Evan Simeone, SVP of product management, PubMatic. “By extending the leading open-source code, Prebid.js, which has access to over 70 demand partners and hundreds of DSPs, OpenWrap now provides publishers with the broadest access to demand in market while eliminating the need for them to make tradeoffs. To ensure future success, publishers must be able to effectively optimize their header bidding integrations to help maximize revenue and simplify partner management.”
http://mrem.bernama.com/viewsm.php?idm=29213
REDWOOD CITY, Calif., May 25 (Bernama-BUSINESS WIRE) -- PubMatic, the automation solutions company for an open digital media industry, today announced further expansion of its OpenWrap product, now the industry’s first free and fully-supported hybrid wrapper solution. Extending the most widely used open-source container script, Prebid.js, OpenWrap optimizes a publisher’s integration mix of client- and server-side demand to future-proof their ad decisioning strategies.
“Publishers no longer need to choose between growing monetization today with client-side integrations and preparing for a future where auctions will transition to the server-side,” said Evan Simeone, SVP of product management, PubMatic. “By extending the leading open-source code, Prebid.js, which has access to over 70 demand partners and hundreds of DSPs, OpenWrap now provides publishers with the broadest access to demand in market while eliminating the need for them to make tradeoffs. To ensure future success, publishers must be able to effectively optimize their header bidding integrations to help maximize revenue and simplify partner management.”
http://mrem.bernama.com/viewsm.php?idm=29213
IWK RECEIVES GOOD GOVERNANCE AWARD
KUALA LUMPUR, May 24 (Bernama) -- Indah Water Konsortium Sdn Bhd (IWK) received the Good Corporate Governance Award from Malaysia Canada Business Council (MCBC) as a testament to IWK's unwavering commitment in upholding corporate governance best practices to maintain integrity, highly transparent and ethical management of the sewerage services business.
The award was presented to IWK’s Chairman, Tan Sri Abu Zahar Ujang by Datuk Chua Tee Yong, Deputy Minister of International Trade and Industry, and Judith St. George, the Canadian High Commissioner in Malaysia, here last night.
The MCBC 25th Anniversary Business Excellence Awards is in conjunction with MCBC’s 25th Anniversary and Canada's 150th Anniversary celebration.
The evaluation process was carried out by the BEA Review Panel comprising SME Corporation, the Malaysian Investment Development Authority (MIDA) and Invest KL and audited by Halim & Lee, a chartered accountant firm.
About Indah Water Konsortium
Indah Water Konsortium Sdn Bhd (Indah Water), is a sewerage services company owned by Minister of Finance Incorporated, Malaysia. Indah Water is responsible for providing sewerage services, operating and maintaining approximately 6,617 sewage treatment plants and 19,067 km networks of sewerage pipelines serving 24 million Connected Population Equivalent (PE). Our expertise include Operations and Maintenance, Refurbishment, Planning & Policy Strategy, Engineering & Process Review, Project Planning, Project Management, EIA and HAZOP Studies, Training Services & Module Development, Research & Development, Capacity Building and Community Awareness & Education Program.
For more information on IWK, please visit our website at www.iwk.com.my
SOURCE : Indah Water Konsortium
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Wan Esuriyanti Wan Ahmad
Mobile : 012 271 8095
Email : esuriyanti@iwk.com.my
Name : Shahrul Nizam
Mobile : 016 207 3727
Email : sharuls@iwk.com.my
--BERNAMA
The award was presented to IWK’s Chairman, Tan Sri Abu Zahar Ujang by Datuk Chua Tee Yong, Deputy Minister of International Trade and Industry, and Judith St. George, the Canadian High Commissioner in Malaysia, here last night.
The MCBC 25th Anniversary Business Excellence Awards is in conjunction with MCBC’s 25th Anniversary and Canada's 150th Anniversary celebration.
The evaluation process was carried out by the BEA Review Panel comprising SME Corporation, the Malaysian Investment Development Authority (MIDA) and Invest KL and audited by Halim & Lee, a chartered accountant firm.
About Indah Water Konsortium
Indah Water Konsortium Sdn Bhd (Indah Water), is a sewerage services company owned by Minister of Finance Incorporated, Malaysia. Indah Water is responsible for providing sewerage services, operating and maintaining approximately 6,617 sewage treatment plants and 19,067 km networks of sewerage pipelines serving 24 million Connected Population Equivalent (PE). Our expertise include Operations and Maintenance, Refurbishment, Planning & Policy Strategy, Engineering & Process Review, Project Planning, Project Management, EIA and HAZOP Studies, Training Services & Module Development, Research & Development, Capacity Building and Community Awareness & Education Program.
For more information on IWK, please visit our website at www.iwk.com.my
SOURCE : Indah Water Konsortium
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Wan Esuriyanti Wan Ahmad
Mobile : 012 271 8095
Email : esuriyanti@iwk.com.my
Name : Shahrul Nizam
Mobile : 016 207 3727
Email : sharuls@iwk.com.my
--BERNAMA
Wednesday, 24 May 2017
RAPID7 LAUNCHES NEW CHANNEL PARTNER PROGRAM
- Newly expanded sales leadership team strengthens global channel partner program
- Rapid7 has selected strategic partners to deliver expanded solutions and services leveraging the Rapid7 Insight platform
BOSTON, May 24 (Bernama-GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ:RPD), a leading provider of analytics solutions for security and IT operations, today announced its next generation partner program: Rapid7 PACT, Partnering with Accountability, Consistency, and Transparency. Built to inspire Rapid7 partners to grow with the Company, the new program was created to enhance Rapid7’s expanding portfolio of products and services, while better defining parameters for ongoing mutual success.
“We believe our partners are a key element to our next phase of growth. The introduction of PACT is designed to strengthen relationships with partners who are prepared to meet customer needs in a changing IT and security landscape,” said Andrew Burton, COO of Rapid7. “We are incredibly excited to demonstrate a renewed commitment to our channel community through dedicated support programs, an industry-leading platform, and differentiated benefits.”
Rapid7 PACT puts an increased focus on enabling partners to deliver the Company’s expanded solutions and professional services at scale, with virtual training and certification programs, interactive reporting and analytics, and readily available success metrics. Setting it apart from more traditional channel programs, Rapid7 will equip its channel partners to directly perform professional, deployment, and training services, helping to drive immediate value. The new program structure also provides partners with a significant opportunity for growth by rewarding increased levels of partnership and investment.
“Our clients face new cyber security threats and operational IT challenges every day. At Vandis, we're focused on arming our clients with industry-leading solutions that give them the answers they need to act fast when an incident does occur — regardless of what new situations they encounter," said Andy Segal, CEO, Vandis, Inc. “Rapid7's analytics-driven, platform approach gives our clients live visibility into what's happening across their IT environments, from their endpoints to the cloud. That type of confidence is invaluable. We are thrilled to deepen our partnership with Rapid7 and applaud their expanded commitment to channel partners."
Rapid7 works with resellers and distributors to meet the needs of its customers in more than 100 countries around the globe. For regions outside the US where Rapid7 engages with local distributors, dedicated Rapid7 PACT guidelines will be established and rolled out over the course of H2 2017.
The Power of Insight: The Rapid7 Platform
The Rapid7 Insight platform makes it possible for security and IT professionals to share data, research findings, and analytic-processing resources, significantly reducing the overall total cost of ownership inherent with on-premise, analytics-driven solutions. Processing more than 50 billion events and monitoring millions of assets daily, the Insight platform is the first to unify solutions for vulnerability management, user behavior analytics (UBA), SIEM, IT log analytics, and application security.
“Today’s security and IT professionals need live analytics and comprehensive visibility into their environments in order to understand and manage risk, detect threats, and monitor operations productivity,” said Corey Thomas, president and CEO of Rapid7. “We’re focused on building partner relationships that understand these needs, are committed to our vision, and are dedicated to helping security and IT teams keep up with today’s shifting threat landscape.”
The cloud-based platform also automatically scales to meet the needs of users, helping to solve challenges presented by rapid data growth for both security and IT. This unified approach to data and resource sharing is core to the philosophy behind Rapid7’s mission to help security and IT professionals manage their environments through simplified solutions.
For more information or to see a list of existing Rapid7 partners, please visit: https://www.rapid7.com/partners/sales-partners
About Rapid7
Rapid7 (NASDAQ:RPD) is trusted by IT and security professionals around the world to manage risk, simplify modern IT complexity, and drive innovation. Rapid7 analytics transform today’s vast amounts of security and IT data into the answers needed to securely develop and operate sophisticated IT networks and applications. Rapid7 research, technology, and services drive vulnerability management, penetration testing, application security, incident detection and response, and log management for more than 6,300 organizations across more than 120 countries, including 39% of the Fortune 1000. To learn more about Rapid7 or join our threat research, visit www.rapid7.com
Press contact:
Rachel E. Adam
Rapid7, Senior PR Manager
press@rapid7.com
(857) 990-4136
Investors:
Jeff Bray, CFA
Rapid7, Vice President, Investor Relations
investors@rapid7.com
(857) 990-4074
SOURCE : Rapid7
EEC INTRODUCES THE 6900S AC POWER SOURCE SERIES:
A Simple Power Source, Valuable in Performance
TAIPEI, Taiwan, May 24 (Bernama-BUSINESS WIRE) -- Extech Electronic Co. (EEC) introduces the next generation in clean, stable, and reliable power sources for testing newly designed electronic products and prototypes— the 6900S Series AC Power Source. The 6900S series provides the flexible, high-quality performance needed for tackling today’s most demanding testing scenarios across multiple industries.
The 6900S AC power source features an intuitive user interface that enhances operational efficiencies during test applications. Real-time, clickable-button adjustment and three fast-recall memory settings make it easy for engineers or manufacturing operators to access and set up measurement parameters directly from the front panel.
http://mrem.bernama.com/viewsm.php?idm=29196
TAIPEI, Taiwan, May 24 (Bernama-BUSINESS WIRE) -- Extech Electronic Co. (EEC) introduces the next generation in clean, stable, and reliable power sources for testing newly designed electronic products and prototypes— the 6900S Series AC Power Source. The 6900S series provides the flexible, high-quality performance needed for tackling today’s most demanding testing scenarios across multiple industries.
The 6900S AC power source features an intuitive user interface that enhances operational efficiencies during test applications. Real-time, clickable-button adjustment and three fast-recall memory settings make it easy for engineers or manufacturing operators to access and set up measurement parameters directly from the front panel.
http://mrem.bernama.com/viewsm.php?idm=29196
ASHNIK UNVEILS FRAMEWORK OF SERVICES FOR DIGITAL TRANSFORMATION IN SOUTHEAST ASIA AND INDIA
Ashnik brings to market a unique framework of services and key open source technologies combined to offer digital transformation solutions
SINGAPORE & KUALA LUMPUR, Malaysia, May 24 (Bernama-BUSINESS WIRE) -- Ashnik, a leading enterprise open source technologies provider in Southeast Asia (SEA) and India, is unveiling its plan to offer solutions and services for digital transformation. Having been at the forefront of bringing several prominent open source technologies to enterprises in Southeast Asia since 2009, Ashnik has enabled over 100 enterprise customers to adopt open source technologies. Through its deep expertise in architecting and consulting services, Ashnik enabled customers achieve agility, innovation and cost reduction.
Undertaking the journey of digital transformation is on the rise amongst many enterprises in SEA. Ashnik has hence aligned services and offerings to meet its customers’ digital transformation goals while addressing dynamic business challenges, through pertinent open source technologies. Sachin Dabir, CEO and Founder of Ashnik, added, “Enterprises in SEA are now initiating digital transformation processes to achieve better business benefits, provide superior services and innovative products to their end customers. Open source technologies are the key drivers of this initiative as they address cost optimization and agility factors. We are excited to take this to the next level by creating a framework putting together our experience in open source consulting, services and solutions.”
http://mrem.bernama.com/viewsm.php?idm=29191
SINGAPORE & KUALA LUMPUR, Malaysia, May 24 (Bernama-BUSINESS WIRE) -- Ashnik, a leading enterprise open source technologies provider in Southeast Asia (SEA) and India, is unveiling its plan to offer solutions and services for digital transformation. Having been at the forefront of bringing several prominent open source technologies to enterprises in Southeast Asia since 2009, Ashnik has enabled over 100 enterprise customers to adopt open source technologies. Through its deep expertise in architecting and consulting services, Ashnik enabled customers achieve agility, innovation and cost reduction.
Undertaking the journey of digital transformation is on the rise amongst many enterprises in SEA. Ashnik has hence aligned services and offerings to meet its customers’ digital transformation goals while addressing dynamic business challenges, through pertinent open source technologies. Sachin Dabir, CEO and Founder of Ashnik, added, “Enterprises in SEA are now initiating digital transformation processes to achieve better business benefits, provide superior services and innovative products to their end customers. Open source technologies are the key drivers of this initiative as they address cost optimization and agility factors. We are excited to take this to the next level by creating a framework putting together our experience in open source consulting, services and solutions.”
http://mrem.bernama.com/viewsm.php?idm=29191
Tuesday, 23 May 2017
PRA HEALTH SCIENCES NAMED INTERNATIONAL CLINICAL RESEARCH COMPANY OF THE YEAR
RALEIGH, N.C., May 23 (Bernama-GLOBE NEWSWIRE) -- PRA
Health Sciences, Inc., (PRA) (NASDAQ:PRAH) is pleased to announce that
for the fourth consecutive year it was recognized as the International
Clinical Research Company of the Year. PRA received the award at a
PharmaTimes ceremony in London. This award follows PRA’s recent
recognition as Clinical Research Company of the Year in the PharmaTimes
Americas competition.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/29ac9b83-70bf-451e-a05f-bda1b8a05df8
“PRA is honored to once again receive this prestigious award,” said David Passov, Senior Vice President, Project Management EAPA. “It is recognition of our talented and dedicated employees and their passion to help others through their clinical development work.”
PRA won a total of three Gold, four Silver and five Bronze awards. Individual gold award recipients include:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/29ac9b83-70bf-451e-a05f-bda1b8a05df8
“PRA is honored to once again receive this prestigious award,” said David Passov, Senior Vice President, Project Management EAPA. “It is recognition of our talented and dedicated employees and their passion to help others through their clinical development work.”
PRA won a total of three Gold, four Silver and five Bronze awards. Individual gold award recipients include:
- Clinical Trial Administrator of the Year: James Battisti
- Project Manager of the Year: Caroline Cattelin
Organized
by PharmaTimes, the annual International Clinical Researcher of the
Year competition provides a unique opportunity for clinical researchers
from all over the world to benchmark their competencies and skills
against their peers in an international learning environment. Designed
and judged by an independent steering committee of high-level industry
leaders, the International Clinical Researcher of the Year has
categories for clinical researchers and teams at all stages of their
career.
ABOUT PRA HEALTH SCIENCES
PRA (NASDAQ: PRAH) is one of the world’s leading global CROs by revenue, providing outsourced clinical development services to the biotechnology and pharmaceutical industries. PRA’s global clinical development platform includes more than 70 offices across North America, Europe, Asia, Latin America, South Africa, Australia and the Middle East and over 13,300 employees worldwide. Since 2000, PRA has performed approximately 3,500 clinical trials worldwide. In addition, PRA has participated in the pivotal or supportive trials that led to U.S. Food and Drug Administration or international regulatory approval of more than 70 drugs. To learn more about PRA, please visit www.prahs.com.
MEDIA INQUIRIES:
Christine Rogers, Manager - Public Relations, Corporate Communications
EMAIL: rogerschristine@prahs.com PHONE: +1 919.786.8463
INVESTOR INQUIRIES: InvestorRelations.prahs.com
SOURCE : PRA Health Sciences, Inc.
ABOUT PRA HEALTH SCIENCES
PRA (NASDAQ: PRAH) is one of the world’s leading global CROs by revenue, providing outsourced clinical development services to the biotechnology and pharmaceutical industries. PRA’s global clinical development platform includes more than 70 offices across North America, Europe, Asia, Latin America, South Africa, Australia and the Middle East and over 13,300 employees worldwide. Since 2000, PRA has performed approximately 3,500 clinical trials worldwide. In addition, PRA has participated in the pivotal or supportive trials that led to U.S. Food and Drug Administration or international regulatory approval of more than 70 drugs. To learn more about PRA, please visit www.prahs.com.
MEDIA INQUIRIES:
Christine Rogers, Manager - Public Relations, Corporate Communications
EMAIL: rogerschristine@prahs.com PHONE: +1 919.786.8463
INVESTOR INQUIRIES: InvestorRelations.prahs.com
SOURCE : PRA Health Sciences, Inc.
TOSHIBA'S LOW POWER CONSUMPTION PHOTOCOUPLER ACHIEVES HIGH SPEED COMMUNICATION IN AUTOMOTIVE APPLICATIONS
- Realizes advantages of low power consumption, low threshold input current and low supply current
TOKYO, May 22 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today unveiled “TLX9310,” a low power consumption photocoupler housed in a 5pin SO6 package for high speed communication in automotive applications. Mass production shipments start today.
http://mrem.bernama.com/viewsm.php?idm=29163
TOKYO, May 22 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today unveiled “TLX9310,” a low power consumption photocoupler housed in a 5pin SO6 package for high speed communication in automotive applications. Mass production shipments start today.
http://mrem.bernama.com/viewsm.php?idm=29163
NABUFIT SIGNS STRATEGIC MARKETING PARTNERSHIP WITH SINA SPORTS IN CHINA
NEW YORK, May 23 (Bernama-GLOBE NEWSWIRE) -- NABUFIT Global Inc. (OTCQB:NBFT), developer of a ground breaking new training portal that enhances individual workouts by providing expert advice from professional trainers, health experts and international sports stars, today announced the signing of a marketing agreement with SINA Sports, a division of SINA Corp (Nasdaq:SINA). NABUFIT will be utilizing SINA’s services for the promotion of its NABUFIT App in China including Chinese social media management via the SINA platform and Weibo. SINA has more than 300 million visitors to their platform each month.
The twelve-month agreement allows SINA and NABUFIT to create and publish in cooperation multiple landing pages to drive traffic and obtain registered users to the NABUFIT App. SINA will also do weekly postings of NABUFIT’s workout videos on targeted areas of the SINA platform related to sports channels like soccer and running. SINA will also promote NABUFIT content weekly through SINA’s Weibo accounts controlled by SINA Sports. Additionally, SINA will have the download link to the NABUFIT App on their website(s) including related videos and content. NABUFIT will provide access to its training video content with Chinese subtitling and will make its best effort to secure special content for SINA from the NABUFIT star ambassadors.
http://mrem.bernama.com/viewsm.php?idm=29183
The twelve-month agreement allows SINA and NABUFIT to create and publish in cooperation multiple landing pages to drive traffic and obtain registered users to the NABUFIT App. SINA will also do weekly postings of NABUFIT’s workout videos on targeted areas of the SINA platform related to sports channels like soccer and running. SINA will also promote NABUFIT content weekly through SINA’s Weibo accounts controlled by SINA Sports. Additionally, SINA will have the download link to the NABUFIT App on their website(s) including related videos and content. NABUFIT will provide access to its training video content with Chinese subtitling and will make its best effort to secure special content for SINA from the NABUFIT star ambassadors.
http://mrem.bernama.com/viewsm.php?idm=29183
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