KUALA LUMPUR, Jan 24 -- The Healthcare Information and Management Systems Society (HIMSS) and Elsevier are calling for submissions for the Annual HIMSS-Elsevier Digital Healthcare Award 2020, European edition.
Established in 2013, the global HIMSS-Elsevier Digital Healthcare Award has recognised 218 submissions across 30 countries and 120 organisations, impacting over 41 million patients in the Asia Pacific, Middle Eastern and European regions.
According to a statement, the HIMSS-Elsevier Awards team are recognising professionals in two categories, namely Outstanding ICT Achievement and Outstanding ICT Innovation.
Outstanding ICT Achievement category focuses on harnessing information and technology to successfully advance patient care and safety.
Meanwhile, Outstanding ICT Innovation focuses on creatively leveraging existing technology or developing ground-breaking new solutions to enhance ICT adoption, patient care and outcomes.
The Awards will be presented during the HIMSS Europe & Health 2.0 Conference 2020 in Helsinki, Finland on May 26 to 28.
Deadline for submissions is March 27. Submit your project at https://www.himsseuropeconference.eu/helsinki/2020/himss-elsevier-digital-healthcare-awards.
-- BERNAMA
Friday 31 January 2020
Wednesday 29 January 2020
Spring Festival Gala kicks off on Hong Kong-Zhuhai-Macau Bridge in China
KUALA LUMPUR, Jan 28 -- The recent Spring Festival Gala on the Hong Kong-Zhuhai-Macau Bridge unveiled a dynamic Zhuhai to view.
Zhuhai, as the host of sub venue gala and forerunner of opening up, sent new year wishes to the world, drawing a new picture of openness and innovation with other cities in the Guangdong-Hong Kong-Macau Greater Bay Area.
According to a statement, Zhuhai is promoting the in-depth cooperation with Hong Kong and Macau.
Resources including innovation, talents, capital, technology, culture of the Area, and even the world are gathered, connected, allocated and integrated in Zhuhai, stimulating its development continuously.
With the operation of the Bridge, industrial giants such as Huawei, Alibaba, Tencent and Foxconn have carried out in-depth cooperation with Zhuhai in fields including smart cities, artificial intelligence, cloud computing and chips to expand a broad prospect for a new economy.
According to data from the People's Government of Zhuhai Municipality, in the first half of 2019 alone, there were 310 newly established Macau-invested companies in Zhuhai, accounting for more than half of the newly established enterprises in the city.
By 2020, the time limit for foreign investment putting on files outside the negative list will be reduced to less than one working day, and the time limit for starting a business will be controlled within four working days.
The number of newly registered Hong Kong and Macau-funded enterprises will reach 12,000. The business scope of individual industrial and commercial households of Hong Kong and Macau residents will be fully liberalised.
-- BERNAMA
Zhuhai, as the host of sub venue gala and forerunner of opening up, sent new year wishes to the world, drawing a new picture of openness and innovation with other cities in the Guangdong-Hong Kong-Macau Greater Bay Area.
According to a statement, Zhuhai is promoting the in-depth cooperation with Hong Kong and Macau.
Resources including innovation, talents, capital, technology, culture of the Area, and even the world are gathered, connected, allocated and integrated in Zhuhai, stimulating its development continuously.
With the operation of the Bridge, industrial giants such as Huawei, Alibaba, Tencent and Foxconn have carried out in-depth cooperation with Zhuhai in fields including smart cities, artificial intelligence, cloud computing and chips to expand a broad prospect for a new economy.
According to data from the People's Government of Zhuhai Municipality, in the first half of 2019 alone, there were 310 newly established Macau-invested companies in Zhuhai, accounting for more than half of the newly established enterprises in the city.
By 2020, the time limit for foreign investment putting on files outside the negative list will be reduced to less than one working day, and the time limit for starting a business will be controlled within four working days.
The number of newly registered Hong Kong and Macau-funded enterprises will reach 12,000. The business scope of individual industrial and commercial households of Hong Kong and Macau residents will be fully liberalised.
-- BERNAMA
Mary Kay celebrates milestone anniversaries worldwide this year
KUALA LUMPUR, Jan 23 -- This year, Mary Kay Inc will celebrate milestone anniversaries in some of its most important markets globally via festivities, volunteer opportunities and special events.
According to a statement, the markets are as follows - five years in Colombia; Armenia (10 years); Moldova (15 years); 20 years each in Kazakhstan, Malaysia, the Philippines and Slovakia; 25 years each in China and Portugal; and, Argentina (40 years).
“While our innovative skin care, on-trend colour cosmetics, fragrances and body care products have been loved for more than 56 years by millions of consumers around the world, our company was founded with much more than lipstick in mind,” said Mary Kay chief operating officer, Deborah Gibbins.
“Our founder, Mary Kay Ash, built her dream company with two goals: create economic independence for women through entrepreneurship, and make the world a better place.”
The iconic Mary Kay Ash founded her namesake brand in 1963 and it quickly developed into a worldwide phenomenon with millions of independent beauty consultants in nearly 40 countries.
-- BERNAMA
According to a statement, the markets are as follows - five years in Colombia; Armenia (10 years); Moldova (15 years); 20 years each in Kazakhstan, Malaysia, the Philippines and Slovakia; 25 years each in China and Portugal; and, Argentina (40 years).
“While our innovative skin care, on-trend colour cosmetics, fragrances and body care products have been loved for more than 56 years by millions of consumers around the world, our company was founded with much more than lipstick in mind,” said Mary Kay chief operating officer, Deborah Gibbins.
“Our founder, Mary Kay Ash, built her dream company with two goals: create economic independence for women through entrepreneurship, and make the world a better place.”
The iconic Mary Kay Ash founded her namesake brand in 1963 and it quickly developed into a worldwide phenomenon with millions of independent beauty consultants in nearly 40 countries.
-- BERNAMA
Tuesday 28 January 2020
GLOBAL INFRASTRUCTURE PARTNERS ANNOUNCES THE ELECTION OF TWO NEW PARTNERS
New York, NY, Jan 28 (Bernama-GLOBE NEWSWIRE) -- Global Infrastructure Partners (“GIP”), a leading independent global infrastructure investor, today announced that Julie Ashworth and Philip Iley have been elected Partners of the Firm, effective January 1, 2020.
Julie Ashworth joined GIP in 2012 and has been a crucial contributor to the success of the Firm. As Deputy General Counsel, she has been actively involved in many aspects of GIP’s business, from supporting our investment activities to leading our legal team and working with investors on our fundraising efforts.
Philip Iley joined GIP in 2016 and has been a key member of our Transport Investment Team and played a leading role in several of GIP’s investments in the sector. He represents GIP on the boards of Italo and Gatwick.
Bayo Ogunlesi, Chairman and Managing Partner of GIP, commented, “We are delighted to announce these promotions as we continue to invest in our most important asset, our people. Julie and Philip have made meaningful impacts on GIP’s businesses in many ways. These well-deserved promotions are a testament to their leadership qualities and to the important contributions that they have made to the success of GIP.”
About Global Infrastructure Partners
Global Infrastructure Partners ("GIP") is an independent infrastructure fund manager that invests in the equity and credit of infrastructure assets and businesses. GIP targets investments in OECD and select emerging market countries in single assets and portfolios of assets and companies in the energy, transport and water/waste sectors. GIP’s 41 portfolio companies employ over 67,000 people in over 50 countries. GIP’s teams are located in 10 offices globally: London, New York, Stamford (Connecticut), Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore and Hong Kong. For more information, visit www.global-infra.com.
Media Inquiries Team
Global Infrastructure Partners
646 282 1545
mediainquiries@global-infra.com
SOURCE: Global Infrastructure Partners
Julie Ashworth joined GIP in 2012 and has been a crucial contributor to the success of the Firm. As Deputy General Counsel, she has been actively involved in many aspects of GIP’s business, from supporting our investment activities to leading our legal team and working with investors on our fundraising efforts.
Philip Iley joined GIP in 2016 and has been a key member of our Transport Investment Team and played a leading role in several of GIP’s investments in the sector. He represents GIP on the boards of Italo and Gatwick.
Bayo Ogunlesi, Chairman and Managing Partner of GIP, commented, “We are delighted to announce these promotions as we continue to invest in our most important asset, our people. Julie and Philip have made meaningful impacts on GIP’s businesses in many ways. These well-deserved promotions are a testament to their leadership qualities and to the important contributions that they have made to the success of GIP.”
About Global Infrastructure Partners
Global Infrastructure Partners ("GIP") is an independent infrastructure fund manager that invests in the equity and credit of infrastructure assets and businesses. GIP targets investments in OECD and select emerging market countries in single assets and portfolios of assets and companies in the energy, transport and water/waste sectors. GIP’s 41 portfolio companies employ over 67,000 people in over 50 countries. GIP’s teams are located in 10 offices globally: London, New York, Stamford (Connecticut), Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore and Hong Kong. For more information, visit www.global-infra.com.
Media Inquiries Team
Global Infrastructure Partners
646 282 1545
mediainquiries@global-infra.com
SOURCE: Global Infrastructure Partners
Thursday 23 January 2020
SENIOR EXECUTIVES AND ACCOUNTANTS CAN NOW EARN A PROFESSIONAL CERTIFICATE IN DIGITAL BUSINESS LEADERSHIP, COURTESY OF MIA AND APU
KUALA LUMPUR, Jan 22 (Bernama) -- Acknowledged as a leading advocate of digital business transformation for board and management executives as well as finance and accountancy professionals, the Malaysian Institute of Accountants (MIA) is now collaborating with other leaders in professional development and education to expand its range of continuing professional education programmes geared towards Industrial Revolution (IR4.0) and digital economy.
In January 2020, MIA successfully completed its first joint programme with a Premier Digital Tech University, Asia Pacific University of Technology and Innovation (APU) – the MIA-APU 3-day Professional Certificate in Digital Leadership (PCDL). “This is aligned with our MIA Digital Technology Blueprint which encourages collaboration and partnership to hasten digital adoption and boost value creation and nation building,” said MIA CEO Dr. Nurmazilah Dato’ Mahzan.
The PCDL aims to equip business leaders and executives with digital knowledge and skills to map and manage digital transformation of their organisations for better business performance.
Day 1 focused on the big picture of the digital economy and the developments disrupting organisations. Day 2 focused on digital strategy and data analytics, and transformation of the finance function using appropriate technologies. Day 3 focused on digital marketing strategies and managing talent in digital transformation.
At the end of the programme, participants were awarded with a Professional Certificate. They also shared the following takeaways:
• Boost in Awareness and Knowledge.
- The programme provided an excellent and simplified snapshot of the different components and aspects of digital transformation and the roadmap for digital transformation.
- Participants said they now understand a great deal more about the theory and science behind digital transformation and the benefits for business organisations.
- They are also now aware of the different digital tools in the market for marketing, analytics, financial statement analysis, audit planning, documentation and practice management to boost productivity and reduce human error.
- The programme also effectively overcame their personal barriers and fears of digital disruption.
• Ease of Knowledge-sharing.
- Many participants noted that they will be sharing the roadmap and materials with their colleagues to accelerate implementation of their organisation’s digital roadmap.
• Continuous Learning.
- They welcomed the idea of follow-up workshops focusing on diverse industries to help guide the real-world implementation exercises.
• Needed - Management/Owner Mindset Change.
- Feedback from accountants in small and medium practices (SMPs) indicate that SMP owners and management’s resistance to change is the biggest stumbling block to digital transformation for SMPs that make up over 90% of the accountancy firms in Malaysia.
G. Shanmugam, Executive Director of Strategy and Development, MIA welcomed the feedback and look forward to further strengthen future programmes for digital competency building. “MIA is continually striving to support businesses and talent in digital transformation. We will integrate the feedback to further improve this professional certification programme to create and upskill agile executives who can lead and manage digital transformation in the IR4.0 economy.”
NOTE TO EDITOR:
About the Malaysian Institute of Accountants (MIA)
Established under the Accountants Act 1967, MIA is the national accountancy body that regulates, develops, supports and enhances the integrity, status and interests of the profession in Malaysia. MIA accords the Chartered Accountant Malaysia or “C.A. (M)” designation. Working closely alongside businesses, MIA connects its membership to an unmatched range of information resources, events, professional development and networking opportunities.
Presently, there are more than 36,000 members making their strides in businesses across all industries in Malaysia and around the world.
MIA’s international outlook and connections are reflected in its membership of regional and international professional organisations such as the ASEAN Federation of Accountants (AFA), and the International Federation of Accountants (IFAC). For more information on MIA, visit www.mia.org.my
SOURCE: Malaysian Institute of Accountants (MIA)
http://mrem.bernama.com/viewsm.php?idm=36603
In January 2020, MIA successfully completed its first joint programme with a Premier Digital Tech University, Asia Pacific University of Technology and Innovation (APU) – the MIA-APU 3-day Professional Certificate in Digital Leadership (PCDL). “This is aligned with our MIA Digital Technology Blueprint which encourages collaboration and partnership to hasten digital adoption and boost value creation and nation building,” said MIA CEO Dr. Nurmazilah Dato’ Mahzan.
The PCDL aims to equip business leaders and executives with digital knowledge and skills to map and manage digital transformation of their organisations for better business performance.
Day 1 focused on the big picture of the digital economy and the developments disrupting organisations. Day 2 focused on digital strategy and data analytics, and transformation of the finance function using appropriate technologies. Day 3 focused on digital marketing strategies and managing talent in digital transformation.
At the end of the programme, participants were awarded with a Professional Certificate. They also shared the following takeaways:
• Boost in Awareness and Knowledge.
- The programme provided an excellent and simplified snapshot of the different components and aspects of digital transformation and the roadmap for digital transformation.
- Participants said they now understand a great deal more about the theory and science behind digital transformation and the benefits for business organisations.
- They are also now aware of the different digital tools in the market for marketing, analytics, financial statement analysis, audit planning, documentation and practice management to boost productivity and reduce human error.
- The programme also effectively overcame their personal barriers and fears of digital disruption.
• Ease of Knowledge-sharing.
- Many participants noted that they will be sharing the roadmap and materials with their colleagues to accelerate implementation of their organisation’s digital roadmap.
• Continuous Learning.
- They welcomed the idea of follow-up workshops focusing on diverse industries to help guide the real-world implementation exercises.
• Needed - Management/Owner Mindset Change.
- Feedback from accountants in small and medium practices (SMPs) indicate that SMP owners and management’s resistance to change is the biggest stumbling block to digital transformation for SMPs that make up over 90% of the accountancy firms in Malaysia.
G. Shanmugam, Executive Director of Strategy and Development, MIA welcomed the feedback and look forward to further strengthen future programmes for digital competency building. “MIA is continually striving to support businesses and talent in digital transformation. We will integrate the feedback to further improve this professional certification programme to create and upskill agile executives who can lead and manage digital transformation in the IR4.0 economy.”
NOTE TO EDITOR:
About the Malaysian Institute of Accountants (MIA)
Established under the Accountants Act 1967, MIA is the national accountancy body that regulates, develops, supports and enhances the integrity, status and interests of the profession in Malaysia. MIA accords the Chartered Accountant Malaysia or “C.A. (M)” designation. Working closely alongside businesses, MIA connects its membership to an unmatched range of information resources, events, professional development and networking opportunities.
Presently, there are more than 36,000 members making their strides in businesses across all industries in Malaysia and around the world.
MIA’s international outlook and connections are reflected in its membership of regional and international professional organisations such as the ASEAN Federation of Accountants (AFA), and the International Federation of Accountants (IFAC). For more information on MIA, visit www.mia.org.my
SOURCE: Malaysian Institute of Accountants (MIA)
http://mrem.bernama.com/viewsm.php?idm=36603
PRESS STATEMENT CORONAVIRUS
KUALA LUMPUR, Jan 23 (Bernama) -- Workplaces are always at high risk for exposure to various types of infectious diseases. It is therefore, the responsibility of the employers to ensure and create a safe and healthy working environment for the employees.
On the other hand, employees are also responsible for cooperating in compliance with occupational safety and health measures at workplaces, to protect themselves against any infectious diseases.
Some of the precautionary measures to reduce the risk of getting a viral infection as recommended by the World Health Organization are:
On the other hand, employees are also responsible for cooperating in compliance with occupational safety and health measures at workplaces, to protect themselves against any infectious diseases.
Some of the precautionary measures to reduce the risk of getting a viral infection as recommended by the World Health Organization are:
- Cover your mouth and nose with tissue when coughing and sneezing. Discard used tissue.
- Practice high levels of personal hygiene such as washing your hands frequently with water and soap or hand sanitizer, especially after coughing and sneezing.
- If you are unwell, wear a face mask and face mask when dealing with others and limit your interaction with others.
- Avoid sharing dishes, utensils, kitchen utensils and towels.
We have been informed recently of a confirmed novel coronavirus outbreak in Wuhan, China. Our neighbor Thailand, has also reported on the first import case of this coronavirus novel. Preventive measures must therefore be taken immediately to counter the potential spread of the disease to our region.
If a worker shows any symptoms of fever, cough, shortness of breath, chest pain, colds and sore throat, it is advisable to seek for immediate medical attention.
Click here for Infographics on Coronavirus
National Institute of Occupational Safety & Health (NIOSH)
Malaysia
SOURCE: National Institute of Occupational Safety & Health (NIOSH)
If a worker shows any symptoms of fever, cough, shortness of breath, chest pain, colds and sore throat, it is advisable to seek for immediate medical attention.
Click here for Infographics on Coronavirus
National Institute of Occupational Safety & Health (NIOSH)
Malaysia
SOURCE: National Institute of Occupational Safety & Health (NIOSH)
Monday 20 January 2020
Teledyne e2v releases Emerald 36M image sensor for demanding industrial, outdoor applications
KUALA LUMPUR, Jan 14 -- Teledyne e2v, a Teledyne Technologies company and global innovator of imaging solutions has announced its new Emerald 36M, a 37.7 Megapixel image sensor specifically designed for demanding industrial and outdoor applications requiring high resolution and high speed.
“We are delighted to release the Emerald 36M. The sensor is already gathering interest from vision system designers looking forward to improved accuracy and throughput with optimised inspection system paths,” said Teledyne e2v marketing manager, Marie-Charlotte Leclerc.
Emerald 36M uniquely combines 6k square resolution and superior frame rate, providing low noise, high quantum efficiency and wide angular response. It also offers excellent image quality that benefits the most challenging applications.
The sensor is available in an ultra-high speed and a high-speed version, respectively providing 86fps and 43fps at full resolution, according to a statement.
The sensor is designed to provide easy integration and compatibility with cost-effective FPGAs. It is pin-to-pin and optically compatible with Emerald 67M, so that multiple resolutions and speed grades are possible from a single camera design.
Evaluation kits and samples of Emerald 36M are available now. More details at https://imaging.teledyne-e2v.com.
-- BERNAMA
“We are delighted to release the Emerald 36M. The sensor is already gathering interest from vision system designers looking forward to improved accuracy and throughput with optimised inspection system paths,” said Teledyne e2v marketing manager, Marie-Charlotte Leclerc.
Emerald 36M uniquely combines 6k square resolution and superior frame rate, providing low noise, high quantum efficiency and wide angular response. It also offers excellent image quality that benefits the most challenging applications.
The sensor is available in an ultra-high speed and a high-speed version, respectively providing 86fps and 43fps at full resolution, according to a statement.
The sensor is designed to provide easy integration and compatibility with cost-effective FPGAs. It is pin-to-pin and optically compatible with Emerald 67M, so that multiple resolutions and speed grades are possible from a single camera design.
Evaluation kits and samples of Emerald 36M are available now. More details at https://imaging.teledyne-e2v.com.
-- BERNAMA
Saturday 18 January 2020
Kurita Water Industries wins Agency of Natural Resources and Energy Director-General´s Award
KUALA LUMPUR, Jan 17 -- Kurita Water Industries Ltd has been awarded the Agency of Natural Resources and Energy Director-General's Award in the Product and Business Model category of the 2019 Energy Conservation Grand Prize.
The event was organised by The Energy Conservation Center, Japan (backed by the Ministry of Economy, Trade and Industry), according to a statement.
The prize was awarded for the improved heat transfer efficiency through Kurita’s Dropwise Condensation Technology, marking the second time it has been recognised in the Energy Conservation Grand Prize, after winning the Energy Conservation Center Chairman’s Award for its DReeM Polymer™ technology in 2017.
The Energy Conservation Grand Prize recognises exemplary energy conservation initiatives on the part of business operators and sites, as well as products and business models that demonstrate excellent energy conservation.
The endeavour is organised to expand awareness of energy conservation in Japan, encourage widespread adoption of energy-saving products and help build an energy conservation-oriented society.
Under the award-winning theme, Kurita was recognised for its efforts to achieve energy conservation through its new Dropwise Condensation Technology and for the underlying technology.
With close attention being paid to how energy usage can be optimised in industry, the Kurita Group aims to deliver plant-wide thermal efficiency improvements and will continue to work with customers in pursuit of sustainable energy usage.
-- BERNAMA
The event was organised by The Energy Conservation Center, Japan (backed by the Ministry of Economy, Trade and Industry), according to a statement.
The prize was awarded for the improved heat transfer efficiency through Kurita’s Dropwise Condensation Technology, marking the second time it has been recognised in the Energy Conservation Grand Prize, after winning the Energy Conservation Center Chairman’s Award for its DReeM Polymer™ technology in 2017.
The Energy Conservation Grand Prize recognises exemplary energy conservation initiatives on the part of business operators and sites, as well as products and business models that demonstrate excellent energy conservation.
The endeavour is organised to expand awareness of energy conservation in Japan, encourage widespread adoption of energy-saving products and help build an energy conservation-oriented society.
Under the award-winning theme, Kurita was recognised for its efforts to achieve energy conservation through its new Dropwise Condensation Technology and for the underlying technology.
With close attention being paid to how energy usage can be optimised in industry, the Kurita Group aims to deliver plant-wide thermal efficiency improvements and will continue to work with customers in pursuit of sustainable energy usage.
-- BERNAMA
Friday 17 January 2020
SAS AND WILLIS LEASE EXECUTE CONSTANTACCESS AGREEMENT COVERING THE AIRLINE'S AIRBUS A340 FLEET
COCONUT CREEK, Fla., Jan 17 (Bernama-GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (Nasdaq: WLFC) announced today that it has entered into a ConstantAccess™ agreement with Scandinavian Airlines System whereby the Company will guarantee availability of CFM56-5C engines to cover requirements due to both planned and unplanned removals of engines powering the airline's fleet of eight A340 aircraft.
“Over the next 36 months, as we transition into our new fleet of latest technology and most fuel efficient Airbus A350 aircraft, the Willis Lease ConstantAccess™ product will play a critical role providing SAS with a seamless and very efficient engine support transition service,” said Niklas Hårdänge, Vice President of Fleet Management for SAS.
“Yet again, we are extremely pleased and proud to continue our long and deep partnership with SAS. By leveraging Willis Lease’s comprehensive inventory of serviceable engines, SAS will avoid any further major shop visits for CFM56-5C engines as they phase out of their A340 fleet in the coming years,” said Charles F. Willis, Chairman and CEO of Willis Lease.
Willis Lease Finance Corporation
Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers in 120 countries. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services supported by cutting edge technology through its subsidiary, Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through its subsidiary, Willis Aeronautical Services, Inc.
Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as terrorist activity; changes in oil prices and other disruptions to the world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing reports filed with the Securities and Exchange Commission.
CONTACT:Scott B. Flaherty
Chief Financial Officer
(561) 349-9989
SOURCE: Willis Lease Finance Corp.
“Over the next 36 months, as we transition into our new fleet of latest technology and most fuel efficient Airbus A350 aircraft, the Willis Lease ConstantAccess™ product will play a critical role providing SAS with a seamless and very efficient engine support transition service,” said Niklas Hårdänge, Vice President of Fleet Management for SAS.
“Yet again, we are extremely pleased and proud to continue our long and deep partnership with SAS. By leveraging Willis Lease’s comprehensive inventory of serviceable engines, SAS will avoid any further major shop visits for CFM56-5C engines as they phase out of their A340 fleet in the coming years,” said Charles F. Willis, Chairman and CEO of Willis Lease.
Willis Lease Finance Corporation
Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers in 120 countries. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services supported by cutting edge technology through its subsidiary, Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through its subsidiary, Willis Aeronautical Services, Inc.
Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as terrorist activity; changes in oil prices and other disruptions to the world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing reports filed with the Securities and Exchange Commission.
CONTACT:Scott B. Flaherty
Chief Financial Officer
(561) 349-9989
SOURCE: Willis Lease Finance Corp.
Friday 10 January 2020
WILLIS LEASE FINANCE CORPORATION ORDERS UP TO SIXTY CFM LEAP ENGINES
COCONUT CREEK, Fla., Jan 9 (Bernama-GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) announced that it has placed an order with CFM International for up to sixty LEAP engines with a value of nearly $900 million at list prices. This includes both firm and option orders for LEAP-1A and LEAP-1B engines, which the Company will use to support its customers operating Airbus A320neo and Boeing 737 MAX aircraft. These newly ordered engines will begin delivering in 2020 and add to the eight LEAP engines the Company currently owns.
“As we have said before, our customers continue to express their preference to borrow spare engines when they’re needed, rather than owning a large number of engines that will generally be underutilized,” said Charles F. Willis, Chairman and CEO. “This preference has supported utilization of the LEAP engines we already own, and we believe our ConstantAccess program, among others, will continue to drive efficiency, and thus value, for our customers. We are excited to show confidence in the market, support the LEAP program and invest in jobs, both domestically and abroad, by placing the largest order in the Company’s nearly 40-year history.”
Willis Lease Finance Corporation
Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers in 120 countries. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services supported by cutting edge technology through its subsidiary, Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through its subsidiary, Willis Aeronautical Services, Inc.
Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as terrorist activity; changes in oil prices and other disruptions to the world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing reports filed with the Securities and Exchange Commission.
CONTACT:
Scott B. Flaherty
Chief Financial Officer
(561) 349-9989
SOURCE : Willis Lease Finance Corp.
“As we have said before, our customers continue to express their preference to borrow spare engines when they’re needed, rather than owning a large number of engines that will generally be underutilized,” said Charles F. Willis, Chairman and CEO. “This preference has supported utilization of the LEAP engines we already own, and we believe our ConstantAccess program, among others, will continue to drive efficiency, and thus value, for our customers. We are excited to show confidence in the market, support the LEAP program and invest in jobs, both domestically and abroad, by placing the largest order in the Company’s nearly 40-year history.”
Willis Lease Finance Corporation
Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers in 120 countries. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services supported by cutting edge technology through its subsidiary, Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through its subsidiary, Willis Aeronautical Services, Inc.
Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as terrorist activity; changes in oil prices and other disruptions to the world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing reports filed with the Securities and Exchange Commission.
CONTACT:
Scott B. Flaherty
Chief Financial Officer
(561) 349-9989
SOURCE : Willis Lease Finance Corp.
Thursday 9 January 2020
WI-FI ALLIANCE® BRINGS WI-FI 6 INTO 6 GHZ
Wi-Fi 6E will rapidly deliver benefits in 6 GHz once available
AUSTIN, Texas, Jan 7 (Bernama-GLOBE NEWSWIRE) -- Wi-Fi Alliance® is introducing new terminology to distinguish forthcoming Wi-Fi 6 devices that are capable of 6 GHz operation, an important portion of unlicensed spectrum that may soon be made available by regulators around the world. Wi-Fi 6E brings a common industry name for Wi-Fi® users to identify devices that will offer the features and capabilities of Wi-Fi 6 – including higher performance, lower latency, and faster data rates – extended into the 6 GHz band. Wi-Fi 6E devices are expected to become available quickly following 6 GHz regulatory approvals, utilizing this additional spectrum capacity to deliver continuous Wi-Fi innovation and valuable contributions to consumers, businesses and economies.
Wi-Fi is ready to utilize 6 GHz spectrum as it becomes available around the world. Wi-Fi Alliance continues to support international advocacy efforts to make this additional spectrum available to Wi-Fi users, while also protecting existing devices in the band. Wi-Fi has been recognized as a foundational technology for the Internet of Things, a necessary complement to delivering 5G, an important tool bringing communication networks to underserved areas, and a strong contributor to global economies. 6 GHz is well suited to facilitate Wi-Fi’s continued growth in these areas due to its adjacency to 5 GHz where Wi-Fi already operates, greater availability of wider channel sizes, and accessibility to clear spectrum with less interference from legacy Wi-Fi 4 or Wi-Fi 5 devices.
“If the regulatory landscape permits, we expect companies to move forward aggressively with products that operate in 6 GHz because they understand the tremendous value brought to their customers by this portion of unlicensed spectrum,” said Phil Solis, research director at IDC. “If spectrum is made available early this year, we expect momentum of products that support operation in 6 GHz to ramp very quickly. The capacity of 6 GHz is enormous and will be efficiently used by Wi-Fi 6 and newer versions of Wi-Fi. The U.S. is taking a big lead on the 6 GHz market, with Europe and APAC regions also exploring access to this band.”
Once 6 GHz is made available by regulators, analysts predict the first Wi-Fi devices to use the band will include Wi-Fi 6E consumer access points and smartphones, followed by enterprise-grade access points. Industrial environments are also expected to see strong adoption from Wi-Fi 6E to deliver applications including machine analytics, remote maintenance, or virtual employee training. Wi-Fi 6E will utilize 6 GHz to deliver much anticipated augmented reality and virtual reality (AR/VR) use cases for consumer, enterprise, and industrial environments.
AUSTIN, Texas, Jan 7 (Bernama-GLOBE NEWSWIRE) -- Wi-Fi Alliance® is introducing new terminology to distinguish forthcoming Wi-Fi 6 devices that are capable of 6 GHz operation, an important portion of unlicensed spectrum that may soon be made available by regulators around the world. Wi-Fi 6E brings a common industry name for Wi-Fi® users to identify devices that will offer the features and capabilities of Wi-Fi 6 – including higher performance, lower latency, and faster data rates – extended into the 6 GHz band. Wi-Fi 6E devices are expected to become available quickly following 6 GHz regulatory approvals, utilizing this additional spectrum capacity to deliver continuous Wi-Fi innovation and valuable contributions to consumers, businesses and economies.
Wi-Fi is ready to utilize 6 GHz spectrum as it becomes available around the world. Wi-Fi Alliance continues to support international advocacy efforts to make this additional spectrum available to Wi-Fi users, while also protecting existing devices in the band. Wi-Fi has been recognized as a foundational technology for the Internet of Things, a necessary complement to delivering 5G, an important tool bringing communication networks to underserved areas, and a strong contributor to global economies. 6 GHz is well suited to facilitate Wi-Fi’s continued growth in these areas due to its adjacency to 5 GHz where Wi-Fi already operates, greater availability of wider channel sizes, and accessibility to clear spectrum with less interference from legacy Wi-Fi 4 or Wi-Fi 5 devices.
“If the regulatory landscape permits, we expect companies to move forward aggressively with products that operate in 6 GHz because they understand the tremendous value brought to their customers by this portion of unlicensed spectrum,” said Phil Solis, research director at IDC. “If spectrum is made available early this year, we expect momentum of products that support operation in 6 GHz to ramp very quickly. The capacity of 6 GHz is enormous and will be efficiently used by Wi-Fi 6 and newer versions of Wi-Fi. The U.S. is taking a big lead on the 6 GHz market, with Europe and APAC regions also exploring access to this band.”
Once 6 GHz is made available by regulators, analysts predict the first Wi-Fi devices to use the band will include Wi-Fi 6E consumer access points and smartphones, followed by enterprise-grade access points. Industrial environments are also expected to see strong adoption from Wi-Fi 6E to deliver applications including machine analytics, remote maintenance, or virtual employee training. Wi-Fi 6E will utilize 6 GHz to deliver much anticipated augmented reality and virtual reality (AR/VR) use cases for consumer, enterprise, and industrial environments.
Tuesday 7 January 2020
MYPINPAD ACHIEVES PCI SSC SPOC APPROVAL FOR IOS DEVICES
Global reach of smartphones and tablets set to expand the number of payment acceptance points
LONDON, Jan 7 (Bernama-BUSINESS WIRE) -- MYPINPAD (“MPP”), the global leader in secure personal authentication for payment solutions, has achieved Payment Card Industry (PCI) Security Standards Council certification for its iOS Software based PIN entry on a Commercial off-the-shelf (SPoC) solution.
The UK based fintech company is amongst the world’s first to achieve certification for its innovative PIN on Mobile solution (“MPP mPOS”), evaluated by Brightsight. The solution enables everyday smartphones and tablets to replace traditional Point of Sale terminals and PIN entry mPOS devices.
MYPINPAD’s innovative SPoC solution is seen as a major enabler for the predicted massive expansion in the number of payment acceptance devices globally. The solution is easily integrated into 3rd party applications and can be delivered ‘As-a-Service’.
The cost of hardware-based PIN pads is seen as a significant barrier to global card acceptance adoption. MPP mPOS will enable even the smallest of enterprises and those in under-served economies to accept card payments, while also relieving merchants and larger retailers from the burden of purchasing and maintaining large estates of traditional POS terminals.
Importantly, PIN entry is via a standard PIN pad image (not scrambled), ensuring seamless customer adoption. The technology supports use by people with visual impairment and people with other disabilities, which is critical in certain markets, delivering the world’s first fully inclusive solution.
Phil King, CEO and Chairman, MYPINPAD, said: “MYPINPAD has been at the forefront of the thinking about and the development of PIN on Mobile since 2012. We are proud to have achieved PCI SPoC certification for IOS devices, featuring a standard non-scrambled PIN pad that consumers trust and are familiar with. We look forward to announcing the same for Android devices soon.
Since inception MYPINPAD’s commitment to this technology has been unwavering. Our platform has been designed to make available Secure Card Reader-based and contactless payment acceptance solutions, the latter called MPP SoftPOS as a software only solution, with attestation and with the pre-integration of our code inside every payShield HSM. We look forward to being able to offer on a global basis PCI SPoC certified MPP mPOS on all devices and scheme approved MPP SoftPOS on Android devices in the new year.”
"It is a pleasure to work with the creative and skilled MYPINPAD team and help bring new and innovative payment solutions to market. We look forward in continuing our partnership with MYPINPAD in the years to come." says Rob van Marrewijk, Director Business Development at Brightsight.
***ENDS***
About MYPINPAD:
MYPINPAD is a global leader in secure personal authentication for payment solutions residing on commercially available smartphones and tablets. Our proprietary and globally patented technology secures and protects the input of sensitive information on touchscreens creating a trusted environment. MYPINPAD’s innovative solution set removes the reliance on specialised hardware for personal authentication; reduces cost and complexity, promotes rapid adoption and leverages the connected capabilities of smart devices.
Please visit www.mypinpad.com to discover more about this transformational technology.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200106005864/en/
Contact
Becky Sales
becky@skyparlour.com
07803204780
Source : MYPINPAD
LONDON, Jan 7 (Bernama-BUSINESS WIRE) -- MYPINPAD (“MPP”), the global leader in secure personal authentication for payment solutions, has achieved Payment Card Industry (PCI) Security Standards Council certification for its iOS Software based PIN entry on a Commercial off-the-shelf (SPoC) solution.
The UK based fintech company is amongst the world’s first to achieve certification for its innovative PIN on Mobile solution (“MPP mPOS”), evaluated by Brightsight. The solution enables everyday smartphones and tablets to replace traditional Point of Sale terminals and PIN entry mPOS devices.
MYPINPAD’s innovative SPoC solution is seen as a major enabler for the predicted massive expansion in the number of payment acceptance devices globally. The solution is easily integrated into 3rd party applications and can be delivered ‘As-a-Service’.
The cost of hardware-based PIN pads is seen as a significant barrier to global card acceptance adoption. MPP mPOS will enable even the smallest of enterprises and those in under-served economies to accept card payments, while also relieving merchants and larger retailers from the burden of purchasing and maintaining large estates of traditional POS terminals.
Importantly, PIN entry is via a standard PIN pad image (not scrambled), ensuring seamless customer adoption. The technology supports use by people with visual impairment and people with other disabilities, which is critical in certain markets, delivering the world’s first fully inclusive solution.
Phil King, CEO and Chairman, MYPINPAD, said: “MYPINPAD has been at the forefront of the thinking about and the development of PIN on Mobile since 2012. We are proud to have achieved PCI SPoC certification for IOS devices, featuring a standard non-scrambled PIN pad that consumers trust and are familiar with. We look forward to announcing the same for Android devices soon.
Since inception MYPINPAD’s commitment to this technology has been unwavering. Our platform has been designed to make available Secure Card Reader-based and contactless payment acceptance solutions, the latter called MPP SoftPOS as a software only solution, with attestation and with the pre-integration of our code inside every payShield HSM. We look forward to being able to offer on a global basis PCI SPoC certified MPP mPOS on all devices and scheme approved MPP SoftPOS on Android devices in the new year.”
"It is a pleasure to work with the creative and skilled MYPINPAD team and help bring new and innovative payment solutions to market. We look forward in continuing our partnership with MYPINPAD in the years to come." says Rob van Marrewijk, Director Business Development at Brightsight.
***ENDS***
About MYPINPAD:
MYPINPAD is a global leader in secure personal authentication for payment solutions residing on commercially available smartphones and tablets. Our proprietary and globally patented technology secures and protects the input of sensitive information on touchscreens creating a trusted environment. MYPINPAD’s innovative solution set removes the reliance on specialised hardware for personal authentication; reduces cost and complexity, promotes rapid adoption and leverages the connected capabilities of smart devices.
Please visit www.mypinpad.com to discover more about this transformational technology.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200106005864/en/
Contact
Becky Sales
becky@skyparlour.com
07803204780
Source : MYPINPAD
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