Thursday, 30 July 2020

ISW HOLDINGS INITIALIZES PRODUCTION OF 1MW PROCESO S19 POD5IVE DATA CENTER DESIGN FOR SHIPMENT TO 100-MEGAWATT BIT5IVE PROJECT

LAS VEGAS, July 30 (Bernama-GLOBE NEWSWIRE) -- via NetworkWire -- ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is thrilled to announce its finalization of the new Proceso S19 Pod5ive data center design, which is capable of powering 1MW of computing mining power. Bit5ive is targeting the first deployments beginning in August, with its initial pod delivery bound to the 100-MW renewable energy Bit5ive LLC (“Bit5ive”) project in Pennsylvania.

“The S19 Pod5ive Data Center has been engineered from the ground up to deliver an industry leading Power Usage Effectiveness (“PUE”) score of 1.025,” stated Alonzo Pierce, president of ISW Holdings. “If you eliminate everything superfluous to maximum performance, optimize every remaining factor, and then integrate it into a renewable energy substrate to drive costs down to some of the lowest levels available anywhere in the world, this is what you get.”

The Company formed a joint venture partnership with Bit5ive in May (the “JV”) to build and deliver the single most elegant, powerful and efficient data center pods in the world. Geared primarily for the cryptocurrency mining industry, the Proceso S19 Pod5ive Data Center offers next-generation, dynamic self-management functionality, plug-and-play operation, virtually nonexistent maintenance needs, and an industry best-in-class 1.025 PUE.

Design features include:
  • Automated environment control with airflow pressure sensor and “smart” evaporator cooler.
  • Remote management capability.
  • Motion sensor security.
  • Proprietary miners monitoring and software system.
  • Efficient power configuration with no step-down transformer needed.
  • 26 power distribution units with 27 outlets at 240v output; 280 x Bitmain S19 or Whatsminer M20/30.
  • All General Electric industrial equipment.
  • NEC-complaint with all UL-listed components, including the PDU.
  • Pre-wired power cords with individual lines drop in place.
  • Pre-configured static network with individual lines drop in place.
  • Easy to manage, allowing all miners to stay in DHCP.
  • Web-based proprietary management system with network, temperature map, power draw, including a full audit report for operations control.
  • Minimum cost of management with reusable merv 2-11 filter and standard evaporator media filter.
For more details and forward-looking statements, view the entire announcement: http://nnw.fm/ISWHoldingsS19Pod5iveAnnouncement

Management believes the cryptocurrency mining equipment market is now in the early stages of a new expansion cycle as product evolution and growing demand have eliminated existing supplies of prior-generation and secondary-market or resale equipment left over from the bitcoin bull market that topped in late 2017.

About ISW Holdings
ISW Holdings, Inc. (ISWH), based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. Our expertise lies in strategic brand development, early growth facilitation, as well as brand identity through our proprietary procurement process. Together, with our partners, we seek to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. We are able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration, and distribution efficiency. The Company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space; and, the partnership has a vitally needed patent pending.

For more information, visit www.ISWHoldings.com.

Company Contact:
Investor Relations
info@ISWHoldings.com

Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

Photo available: https://www.globenewswire.com/NewsRoom/AttachmentNg/360cbab4-b64e-469e-974d-9fb534ff7029

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress. 

SOURCE : ISW Holdings, Inc.

Wednesday, 29 July 2020

SweeGen offers more sugar reduction solutions in Australia, New Zealand with FSANZ approval

KUALA LUMPUR, July 29 -- Sugar reduction solutions company, SweeGen recently announced that Food Standards Australia New Zealand (FSANZ) has assessed and approved Bestevia® Reb E stevia sweetener as a food additive.

This is stated in Application A1183, published on July 28.

Under the Food Standards Code, FSANZ has approved a new specification for the steviol glycoside Rebaudioside E, produced by SweeGen’s proprietary stevia leaf-based bioconversion process.

According to a statement, this decision builds on previous approvals by FSANZ in 2019 for SweeGen’s Bestevia Rebs D and M.

“Achieving FSANZ approval for Rebaudioside E shows our clear commitment to delivering a wide range of sweetness and taste solutions for customers in the region,” said senior director of business development (Asia-Pacific), Lewis Tessarolo.

“With the growing health awareness among consumers, coupled with government health initiatives to curb obesity and diabetes, SweeGen can help brands obtain the sugar reduction they need.”

With this new approval, food and beverage manufacturers in the region now have greater access to SweeGen’s Bestevia e+ Taste Solutions portfolio.

This exclusive taste and sweetener platform offers sugar reduction solutions for applications across the spectrum, including beverages, dairy, confectionery, bakery and sauces.

Bestevia e+ Taste Solutions deliver one of the industry’s most cost-efficient, great tasting, and complete solutions for reducing sugar.

-- BERNAMA


Tuesday, 7 July 2020

PHC GROUP INCREASES STAKE IN SCIMED TO STRENGTHEN LIFE SCIENCES BUSINESS IN ASIA

TOKYO, July 7 (Bernama-BUSINESS WIRE) -- PHC Holdings Corporation (headquarters: Tokyo, hereafter PHCHD) has today announced the completion of its acquisition of an additional 55.01% of shares in SciMed (Asia) Pte Ltd (headquarters: Singapore, hereafter SciMed), a major distributor of PHC Group’s life sciences products across Southeast Asia and India. This purchase agreement with SciMed increases PHCHD’s stake in the company from 14.99% to 70%. SciMed will now operate as a consolidated subsidiary of PHCHD, as part of the Life Sciences/Diagnostics Domain.

Located in Singapore, SciMed markets and distributes life sciences products and provides its services throughout Southeast Asia and India. With an extensive distribution network in the region, supported by strong expertise and service capabilities in the life sciences field, SciMed is a major player in the Southeast Asian market. PHCHD has positioned SciMed as the main distributor for their life sciences business across Southeast Asia and India, and has expanded its business in the region through their close partnership over 30 years.

This agreement is part of PHC Group’s focus on company growth, by strengthening existing businesses and identifying ways to add complementary products and services to the group. It follows the completed acquisitions of the anatomical pathology business (operating as Epredia) from Thermo Fisher Scientific, Inc. in June 2019, and LSI Medience Corporation from Life Science Institute, Inc. in August the same year, which have strengthened their diagnostics and healthcare services businesses respectively.

As one of the key pillars of its future growth strategy, the PHC Group continues to focus on driving expansion in countries in the emerging markets. The majority investment in SciMed to create a consolidated subsidiary of PHCHD allows PHC Group to take greater advantage of SciMed’s established customer base and services in the region. This will provide additional market opportunities and increase penetration into countries such as India, which can further strengthen the life sciences business. It will also allow other PHC Group businesses to utilize SciMed’s distribution network to reach customers in the region.

Michael Kloss, President and CEO of PHCHD, says, “We are pleased to have taken this step to bring SciMed into the PHC Group as a consolidated subsidiary. In recent years, we have seen that life sciences research is making considerable progress in India and other emerging countries. Against the backdrop of increases in the prevalence and impact of conditions such as cancer, we expect more growth in the diagnostics business in the region. Through this deal to acquire the majority stake in SciMed, our Group will increase our footprint in emerging countries and give us the opportunity to accelerate business growth in the region.”

Keith Low, SciMed Managing Director, says, “The life sciences products that PHC Group develops and manufactures are highly trusted by customers for their quality, with deep penetration in the Southeast Asian market. Recently, we have been seeing more demand in the Indian market that is expected to exceed the growth rate of China. With more support from the PHC Group, we will be able to help drive future growth in the life sciences and diagnostics businesses.”

Michael Kloss added, “In Southeast Asia and other emerging countries, there is demand for higher-quality healthcare and better medical services for patients. The PHC Group will continue to take on new challenges as we aim to become one of the top global healthcare companies by creating solutions that contribute to the health of society and improve the lives of people.”

About PHC Holdings Corporation

Incorporated in 2014, PHC Holdings Corporation is a global healthcare company with subsidiaries including PHC Corporation, Ascensia Diabetes Care Holdings AG, Epredia, and LSI Medience Corporation. Committed to its corporate mission, “We contribute to the health of society through our diligent efforts to create healthcare solutions that have a positive impact and improve the lives of people,” the company develops, manufactures, sells and services medical equipment and solutions across diabetes management, diagnostics, life sciences and healthcare services, which are available in more than 125 countries.
www.phchd.com

About SciMed (Asia) Pte Ltd

SciMed (Asia) Pte Ltd is a provider of products and services for biomedical, life sciences, healthcare, drug discovery, pharmaceutical, laboratories, industrial tests, and agricultural markets. Headquartered in Singapore since 1992, SciMed has a broad distribution network across Southeast Asia and India, bringing together a team of professionals with in-depth market knowledge and experience.
www.scimed.com.sg/

View source version on businesswire.com:
https://www.businesswire.com/news/home/20200706005623/en/ 

Contact

Media Contact:
Masayo Okada
Corporate Communications Department
PHC Holdings Corporation
+81-3-6778-5311

Source : PHC Holdings Corporation

Skilling launches MT4, offers excellent trading experience

KUALA LUMPUR, July 7 -- Forex and CFD online trading platform Skilling has reached another significant milestone this year with the integration and launch of trading platform MetaTrader 4 (MT4).

MT4 is an electronic trading platform widely used by online retail foreign exchange traders. It was developed by MetaQuotes Software and released in 2005, according to a statement.

“Today, we are proud to finally be able to offer our advanced traders a highly customisable platform with many advanced tools and functions, such as MQL4 scripting language and an advanced charting package,” said Skilling Group chief executive officer, AndrĂ© Lavold.

“Combined with our competitive and transparent pricing, and multilingual and proactive support team, we are ready, more than ever, to offer an excellent trading experience to traders on all levels internationally.”

Founded in 2016, Skilling introduced its proprietary trading platform in 2018, and in January 2020, the company announced the launch of the industry’s first seamless integration with Spotware’s cTrader.

With its acquisition of FSA Seychelles licence earlier this year, Skilling can now offer MT4 to its current and new clients on a global level.

-- BERNAMA