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Blog posts October 2023

Kinaxis Drives Digital Transformation for Premium Automotive Brand

Volvo Cars puts the breaks on siloed planning

 

(BUSINESS WIRE)--Kinaxis (TSX: KXS), the global leader in supply chain management, is bringing its patented technique of concurrency to Volvo Cars, leading the Swedish-manufacturer's supply chain operations into a new era of safety, innovation, and electrification. The Kinaxis RapidResponse® platform will empower Volvo Cars’ supply chain professionals to make faster and more accurate decisions – even as the automotive industry continues to face uncertainty.

Kinaxis is trusted by top automotive brands and demonstrates a robust understanding of the unique pressures facing the industry through its solution offerings. The global shift to electric vehicles is a current industry focus, as companies need to balance the adoption of electric vehicles with regional sustainability policies. It is critical for automotive organizations to have end-to-end visibility to understand customer demand, maximize resource allocation, and minimize waste.

“We take pride in working with industry leaders like Volvo Cars and playing a role in their commitment to creating safe, innovative vehicles that strive to do better for the planet,” said Claire Rychlewski, executive vice president of global field sales at Kinaxis. “We’re excited to work together in helping them continue to deliver their premium customer experience.”

About Kinaxis

Kinaxis is the global leader in modern supply chain management. We serve supply chains and the people who manage them in service of humanity. Our software is trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. We combine our patented concurrency technique with a human-centered approach to AI to empower businesses of all sizes to orchestrate their end-to-end supply chain network, from multi-year strategic planning through down-to-the-second execution and last-mile delivery. For more news and information, please visit kinaxis.com or follow us on LinkedIn.

Source: Kinaxis Inc.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231005770873/en/


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https://www.aetoswire.com/en/news/5102023348544
Contacts
Media Relations
Jaime Cook | Kinaxis
jcook@kinaxis.com
289-552-4640

 

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SLB selected by Eni for Global Methane Emissions Reporting Project

(BUSINESS WIRE) -- As part of the World Scouting annual JOTA-JOTI (Jamboree-on-the-Air-Jamboree-on-the-Internet), the world’s largest online Scout event which connects Scouts from over 170 countries over 3 days from 20-22 October, Alwaleed Philanthropies, chaired by HRH Prince Alwaleed Bin Talal Al Saud, hosted an event in partnership with the World Scout Movement to raise awareness about the impact of deforestation and to inspire young people to become active actors in forest degradation and engage global citizens.

In an effort to conserve the world’s natural forests, Alwaleed Philanthropies are hosting the virtual event on their Metaverse platform, Decentraland. Scouts around the world, as well as the general public, have been invited to navigate through a virtual forest, gain insight into the consequences of deforestation, and participate in the inaugural forest plantation event on the Metaverse. The Decentraland platform has already gained 26,500 scouts and planted 610 trees within the first three days. The count is still increasing as the platform is open to the general public for the next coming weeks.

Within the virtual space, participants can engage with interactive exhibits, connect with like-minded individuals, and discover actionable steps that can be taken to protect our precious forests. The experience also enables users to collect POAP’s by gathering seeds and planting their own trees within the space.

The event builds on the success of Alwaleed Philanthropies’ campaign to tackle cyber bullying and discrimination in the Metaverse, with Alwaleed Philanthropies now committed to using their Decentraland Metaverse platform to tackle climate change and deforestation; aligning with SDGs 13 and 15: Climate Action and Life on Land.

Alwaleed Philanthropies’ Metaverse digital center uses cultural dialogue, artistic exhibitions and historical artifacts as tools to bridge cultures, providing users with the opportunity to delve into Islamic history and culture.

Across the three days the JOTA-JOTI event engaged millions of youth around the world for a weekend of online activities aimed at fostering friendship, cooperation and a sense of global citizenship. The event empowers young individuals and volunteers to participate in engaging and interactive group activities via the internet and amateur radio, with the specific emphasis on developing 21st-century skills within the context of Scouting. It aims to support young people of all ages to learn about communications technology, the values of global citizenship, and their role in creating a better world.

Join us in our immersive Metaverse event, where Alwaleed Philanthropies and Scouts will work together to promote awareness about deforestation and the importance of forest conservation through this link https://play.decentraland.org/?NETWORK=mainnet&position=6%2C137&realm=main&island=defaultz9s.

About Alwaleed Philanthropies

Over four decades, Alwaleed Philanthropies has supported and spent more than 4.4 billion dollars on social welfare and initiated more than 1000 projects in over +189 countries, and reaching more than 1 billion beneficiaries around the world, regardless of gender, race, or religion. Managed by 10 Saudi female members, Alwaleed Philanthropies collaborates with a range of philanthropic, governmental, and nongovernmental to combat poverty, empower women and youth, develop communities, provide disaster relief, and create cultural understanding through education. It seeks to build bridges for a more compassionate, tolerant, and accepting world.

About the World Organization of the Scout Movement (WOSM)

WOSM is the world's leading educational youth Movement empowering 57 million young people and volunteers to be active global citizens and agents of change in their communities. A global leader in non-formal educational, Scouting provides young people with opportunities to develop life and leadership skills while contributing to the betterment of communities and societies. Through initiatives like Scouts for SDGs, Scouts are actively working towards achieving the Sustainable Development Goals (SDGs) and creating positive change on a global scale.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231025344997/en/


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https://www.aetoswire.com/en/news/3010202335483
Contacts
Will King, will.king@portland-communications.com, +44 7796 451915

 

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Jetcraft and Bill Papariella Enter Into Strategic Sales Alliance

(BUSINESS WIRE)--Jetcraft®, the global leader in business aircraft sales, acquisitions and trading, is teaming up with Bill Papariella as the exclusive trading partner to the former JetEdge CEO’s new company, AeroVentures.

Chad Anderson, CEO at Jetcraft, says: “With Jetcraft, Bill is taking his global perspective to the next level. He is a recognizable force in this industry and now he has access to a leading transaction team located all over the world that’s backed by proprietary data analytics. Our partnership with AeroVentures will allow him to better serve the demands of his clients, and his strategic aircraft investments.

“For Jetcraft, AeroVentures gives us access to Bill’s extensive network supported by strong credit lines, creating even more opportunities for our customers to continue transacting at the Speed of Life. We’re looking forward to a fruitful relationship.”

AeroVentures is an investment firm uniquely focused on innovating and evolving the world of global aviation through direct equity and credit investments to leading businesses providing technology, service, and infrastructure solutions to the business aviation industry. AeroVentures' unmatched expertise and unique vision provides investment partners from across the world with opportunities to foster strong long-term growth. The distinguished experience of their portfolio management team and CEO Bill Papariella in the global aviation industry distinctly positions AeroVentures as a powerful new investing partner in the private aviation category.

Bill Papariella, CEO of AeroVentures, says: “As a premier private aviation brokerage with unmatched international reach, data-driven market analysis, and advisors that possess extensive knowledge in the global private aviation ecosystem, we are pleased to partner with Jetcraft. As the private aviation industry continues to experience shifting demand, AeroVentures looks forward to helping Jetcraft further succeed by accessing our capital on a global scale for aircraft transactions across the world.”

ENDS

About Jetcraft
More than brokers, Jetcraft® is a network of global aircraft advisors, offering unmatched international reach and unrivalled local knowledge. The company’s market-leading intelligence, strategic financing solutions, and extensive inventory support even the most intricate of transactions. For over 60 years, Jetcraft has led the way, setting standards that continue to shape the industry. Today, a team of 80+ dedicated aviation specialists across 25+ offices deliver worldwide aircraft sales, acquisitions, and trading at the Speed of Life.

Learn more at: www.jetcraft.com

About AeroVentures
AeroVentures is an investment firm uniquely focused on innovating and evolving the world of global aviation. The company specializes in strategic investments in leading aviation enterprises throughout the brokerage, technology, and infrastructure categories. Founded by former Jet Edge International CEO Bill Papariella, AeroVentures is a powerful new investing partner in the global private aviation marketplace.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231016050886/en/


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https://www.aetoswire.com/en/news/1610202335151
Contacts
For Jetcraft media inquiries, please contact Ali Gibson at 8020 Communications.
Email: jetcraft@8020comms.com
Telephone: +44 1483 447380

For AeroVentures media inquiries, please contact Dan Weikel, IBP Media Inc.
Email: dweikel@ibpmedia.com
Telephone: +1 818-324-3857

 

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Leader in Privacy Linksys Affirms Commitment to Privacy

User Privacy is a Top Priority

(BUSINESS WIRE) -- Linksys, an iconic Home and Small Office connectivity company, is pleased to announce in a statement of direction new updates to its comprehensive Privacy Pledge. Linksys has long been at the forefront of progressive policies surrounding protecting the personal data and information of its customers and continues to prioritize online privacy and security.

Making sure personal data and information is secure while using the internet is crucial. As the world gets more connected and more data is shared online, it’s only natural to want to make sure that personal information and online activity is kept private and secure.* With the growing popularity of high-speed connectivity, the issue of privacy online will move even more to the forefront.

According to a report from Reuters, online activity skyrocketed during the pandemic, and with people spending more of their time online, the risks for data breaches, compromised cybersecurity, phishing, and other threats have also increased. This brings Linksys’ comprehensive privacy policy to the forefront: data protection is an increasingly important issue, and Linksys is continuing to prioritize a more secure, safe online experience for its customers.

“Linksys is constantly working to ensure customer data is secure. It’s a top priority that each and every Linksys customer — no matter where they live in the world — gets a safe online experience,” said CEO of Linksys, Jonathan Bettino.

This means that Linksys does not:

Track your app or online activities

Sell your personal information

Because Linksys is an “opt-in” company, Linksys customers always get to decide whether they want to receive marketing emails or texts. If a customer would like to remove their name from a marketing list, they are able to unsubscribe to emails or text the word STOP, and their name will be removed immediately.

Additional Features and Benefits

No website tracking: Linksys products and apps do not track websites you visit or collect information about content you view on the Internet, nor track your application usage or online activities.

No tracking your activity: Linksys products and apps do not contain tracking or advertising cookies.

No selling or sharing of your personal info: Linksys does not sell your personal Information, or share your personal information for marketing purposes.

Opt-in for emails and texts: Linksys is an “opt-in” company, which means you decide whether you want to receive marketing emails or texts.

Enhanced security: Devices stay secure with automatic security updates, a separate network for guests, and additional advanced features accessible via the Linksys App.

Read more about the Linksys Privacy Pledge here.

About Linksys

At Linksys, we engineer simplicity so that you never experience complexity. Linksys is an iconic brand celebrating its 35th year of innovation in Home and Small Office connectivity. With many industry firsts to its credit, Linksys delivers simple, fast, reliable, and affordable products for the Home and Small Office where there is “no IT.”

*The transmission of information via the Internet is not 100% secure. In Linksys privacy policies, Linksys advises its customers to (i) exercise caution when using public computers or devices; (ii) exercise caution when using any computer or device to which users unauthorized by you may have access; and (iii) create strong and unique passwords for your home network. Linksys cannot prevent user-generated privacy and security issues.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231011072653/en/


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https://www.aetoswire.com/en/news/1110202335014
Contacts
Media contact
comms@linksys.com

 

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HFCL Launches a Suite of Connectivity Products and Solutions for Global Telcos and Enterprises

 

  • HFCL has designed and developed first ‘Made-in-India’ 5G FWA CPE portfolio to meet the growing demand for seamless high-speed wireless connectivity for homes and enterprises
  • HFCL’s 2 Gbps Unlicensed Band radio (UBR) is a transformative product, ideal for 5G Radio Access Network backhauling and carrier-grade enterprise connectivity
  • Unveils revolutionary IP MPLS Routers to meet the capacity and capabilities demands for broadband investments by telcos and enterprises
  • Launches 1728 high-fibre IBR Optical Fibre Cable to accelerate installation of 5G network infrastructure, expand FTTH connectivity and address the demand from hyper scale data centres

 

(BUSINESS WIRE) -- HFCL Limited (NSE : HFCL | BSE : 500183 | ISIN CODE : INE548A01028), one of India’s leading technology enterprise and integrated next-gen communications product and solution provider, has unveiled a pioneering suite of 5G products and network solutions at the India Mobile Congress 2023, one of Asia’s largest telecom and digital technology forums, held during October 27, 2023 to October 29, 2023.

 

HFCL launched a comprehensive suite of next-gen connectivity products and solutions for the international markets, including 5G FWA (Fixed Wireless Access) CPE (Customer Premise Equipment), IP MPLS Routers, 2 Gbps UBR (Unlicensed Band Radio), and 1728-high fiber count IBR (Intermittently Bonded Ribbon) Optical Fibre Cable.

 

HFCL has unveiled its own designed and developed 5G FWA (Fixed Wireless Access) CPE (Customer Premise Equipment) solution in various variants. Pioneering innovative technology products, HFCL’s portfolio of Indoor and Outdoor 5G FWA CPE products will accelerate wireless broadband penetration in urban, rural areas and help bridge the last-mile connectivity challenge in key global markets. Built to complement wired broadband connections in areas where fibre rollout is limited, HFCL’s range of 5G FWA CPE support both 5G SA and NSA technologies across multiple Sub-6 GHz and mmWave frequency bands to offer cost-effective and fibre-like speeds to customers using the 5G network.

 

Marking a significant leap in offering 5G backhauling and carrier-grade enterprise wireless connectivity, the launch of 2 Gbps UBR positions HFCL as a dominant player in the growing Indian and global UBR market. This innovative product offers a low-latency, 2 Gbps connectivity solution which can operate across an extended 5GHz frequency range. It is designed for easy installation, effortless management, high reliability and has advanced security features to protect from external threat vectors. Further, in comparison to traditional backhaul solutions, 5G wireless backhauling with 2 Gbps UBR will enable HFCL’s customers to save up to 75% on the total cost of ownership (TCO).

 

Further, addressing the connectivity needs and bandwidth challenges faced by telcos and enterprises in the fast-evolving digital landscape, HFCL has also launched revolutionary IP MPLS Routers. The comprehensive IP MPLS Router product line introduced by HFCL aims to empower telcos to backhaul 5G networks, fibre broadband networks and provide last mile connectivity to enterprises in urban metros and tier 2 cities. This IP MPLS Router portfolio will help HFCL’s customers build scalable and efficient networks that are capable of handling different types of data traffic, support Quality of Service (QoS) for bandwidth prioritization and avoid network congestion.

 

Along with these, HFCL has also introduced its 1728-high-fibre count Intermittently Bonded Ribbon (IBR) Optical Fibre Cable that will allow telcos and enterprises to accelerate installation of 5G network infrastructure, expand FTTH capabilities and address the rising demand for high-capacity networks particularly from hyper scale data centres. The gel-free IBR cable is also optimised with high productivity mass fusion splicing for cost efficient deployment, easy installation in congested areas and quick restoration in case of any accidental outage.

 

Mr. Mahendra Nahata, Managing Director, HFCL said, “To address the requirements of countries to fast track digital transformation by building a robust 5G network infrastructure, we are immensely proud to launch our comprehensive ensemble of next-gen technologies including 5G FWA CPE, IP MPLS Routers, 2Gbps UBR along with UcNMS and 1728-high fiber IBR Optical Fibre Cable. HFCL aims to play a crucial role in deploying high-speed broadband networks and offer last-mile connectivity across India and the key global markets. With a strong focus on R&D, we believe that our uniquely designed and developed products and solutions are perfectly suitable to meet the goals of fiberisation and network connectivity demand from telecom operators, data centers and enterprises. With the launch of these revolutionary products, we continue on our mission to build a sustainable global digital economy.”

 

About HFCL

 

HFCL is a leading technology company specialising in creating digital networks for telcos, enterprises and governments. Over the years, HFCL has emerged as a trusted partner offering sustainable high tech solutions with a commitment to provide the latest technology products to its customers. Our strong R&D expertise coupled with our global system integration services and decades of experience in fibre optics enable us to deliver innovative digital network solutions required for the most advanced networks.

 

The Company’s in-house R&D Centres located at Gurugram & Bengaluru, along with invested R&D Houses and other R&D collaborators at different locations in India and abroad, innovate a futuristic range of technology products and solutions. HFCL has developed capabilities to provide premium quality Optical Fiber and Optical Fiber Cables, state-of-the-art telecom products including 5G Radio Access Network (RAN) products, 5G Transport Products, WiFi Systems (WiFi 6, WiFi 7), Unlicensed Band Radios, Switches, Routers and Software Defined Radios.

 

The Company has state-of-the-art Optical Fiber and Optical Fiber Cable manufacturing plants at Hyderabad, Optical Fiber Cable manufacturing plant in Goa and in its subsidiary HTL Limited at Chennai.

 

HFCL is a partner of choice for its customers across India, Europe, Asia Pacific, Middle East, Africa and USA. HFCL’s commitment to quality and environmental sustainability inspires it to innovate solutions for the ever-evolving customer needs.

 

Visit www.hfcl.com for more information.

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231030901771/en/

 

 

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https://www.aetoswire.com/en/news/3010202335505

Contacts

HFCL Limited

Manoj Baid | Amit Agarwal | Alok Chander

manoj.baid@hfcl.com

amit.agarwal@hfcl.com

alok@hfcl.com

Contact: 011 3520 9400

 

Adfactors PR

Snigdha Nair | Vasundhra Sethi | Akshataa Acharya

snigdha.nair@adfactorspr.com

vasundhra.sethi@adfactorspr.com

akshataa.acharya@adfactorspr.com

Phone: 9920481191 | 7428508927 | 9148730795

 

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Bupa Egypt Expands Its Healthcare Services to Meet Local Individual Needs

Expansion underscores Bupa Egypt’s commitment to delivering access to exceptional healthcare services to the Egyptian market
Expands on Bupa’s established services in Egypt
Bupa Global leads the way in international private medical insurance through a focus on mental health as well as coverage for pre-existing conditions
 

(BUSINESS WIRE) -- Bupa Global, a renowned leader in international private medical insurance, has announced a wider services/products through Bupa Egypt Insurance, marking a significant step in its commitment to delivering world-class healthcare solutions to the Egyptian market.

This timely move coincides with a notable shift in executive priorities towards preventative healthcare. According to insights gleaned from Bupa Global's Executive Wellbeing Index1, a substantial 77%1 of respondents in Egypt are considering the purchase of additional private medical insurance for themselves or their families.

To support these demands, Bupa Egypt Insurance introduced a new prime range of health plans which provides medical and holistic health cover at a global level, so customers and their families are not limited to treatment in just Egypt, but have the freedom to access world-leading specialists and medical providers both at home and abroad.

Mo Bazzi, Managing Director, Bupa Egypt Insurance, said: ​​"Our new healthcare plans now available in Egypt have been meticulously designed to cater to the evolving healthcare needs of individuals and families in Egypt, and provide a holistic approach to protecting our customers’ health. These plans signify a renewed strategic focus in the region, emphasising our commitment to enhancing the healthcare landscape and fostering better health outcomes for our valued customers."

The expansion aligns with Bupa Global’s long-term strategy to drive growth and further strengthen its leadership position in the IPMI market.

Exceptional service on every level

The range available in Egypt includes five plans, suited to varying needs from Major Medical, the most affordable plan, up to Ultimate, providing the highest level of cover designed for high-net-worth travelling executives and their families.

With no annual limits, the Ultimate Plan provides end-to-end, personalised health management to Private Clients, with access to range of physical, mental and preventive healthcare services. Dedicated assistance is provided from a Concierge Manager, with access to senior clinical staff from the comfort of their home. It includes private maternity cover, dental treatment and a focus on a more holistic approach to health, including physio, osteopathy and mental health.

At the core of Bupa Global's approach is its dedication to providing exceptional service to its customers. Bupa Egypt Insurance new prime range of Global Health Plans offer a wide array of services, including:

In-hospital and outpatient support

Preventative health checks

Mental health condition coverage

Emergency evacuations

Comprehensive treatment for serious illnesses

Coverage for hereditary and chronic conditions

Transplants and rehabilitation

Access to a dedicated clinical case manager

- ENDS -

More information about Bupa’s Egypt Insurance Plans are available online - https://www.bupaglobal.com/egypt - and for any customer queries please call: 16816

Bupa Global Executive Wellbeing Index 2022 - research was conducted by Censuswide among 2439 high net worth individuals across eight countries and regions, including UK, USA, France, UAE, Egypt, China, Hong Kong and Singapore.

About Bupa Global and Bupa Egypt Insurance

Bupa's purpose is helping people live longer, healthier, happier lives and making a better world.

Bupa Global is the premium health insurance arm of Bupa. Established in 1971, it provides individuals, small businesses and corporate customers international coverage with products and services so they can access the healthcare they need when they need it, whether at home or when studying, living, travelling, or working abroad.

Bupa Egypt Insurance is Bupa Global’s regulated entity under the supervisor of the Financial Regulatory Authority in Egypt, with a head office in Cairo.

1The Bupa Global Executive Wellbeing Index 2022 analyses research conducted between 3rd of August and 7th of September 2022 among 2439 high net worth individuals (HNWIs) across eight countries and regions, including UK, USA, France, UAE, Egypt, China, Hong Kong and Singapore.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231023728476/en/


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https://www.aetoswire.com/en/news/3010202335485
Contacts
Rana Mourad
Bupa Global
T: +2 (012) 0187 7797
E: rana.mourad@bupa.com

 

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Yagi Launching Cotton iD, a proprietary system for clarifying the traceability of organic cotton.

TOKYO - Monday, 30. October 2023

From field to yarn; Partnership with Nahar Spinning Mills Limited and our group company Yamaya Orimono to achieve reliable traceability.

(BUSINESS WIRE) -- Yagi & Co., Ltd. (TOKYO:7460) (https://www.yaginet.co.jp/en/index.html) announces that we have made and started operating a proprietary system for consistent traceability management, from field to yarn, via a proprietary management system that links the international certifications for the organic cotton produced in India that we handle.

Complexity of organic cotton certification

There are several international certifications and standards for organic cotton. These begins with Ginning, the process of separating the seed and cotton from the harvested cotton ball and cotton to ensure traceability for yarn, fabrics, and the final product. However, for processes prior to that stage, the certification standard for organic agricultural products is applied to cotton balls and the field.

Existence of these two different certifications makes it difficult to achieve consistent traceability management for organic cotton (products). In the past, there were cases in which large-scale fraud came to light related to organic cotton in India, the world’s largest producer country of organic cotton.

Traceability aimed for by Cotton iD

We made and started operating a proprietary management system that links the two international certifications for the organic cotton produced in India that we handle. This system enables consistent traceability management from the cotton field to thread. Through this system, we can achieve incredibly transparent traceability for 85% or more of the organic cotton that we handle, from cotton field to thread. We started distribution of products with our brand “Unito Organic” which covers yarn, textile & garment. We can provide certifications of this management to customers purchasing applicable organic cotton from our Company.

Organic Cotton and Us

We are GOTS (Global Organic Textile Standard) member since 2006 and one of Japan’s top companies in terms of the volume of internationally certified organic cotton handled. Also, we participate in activities to support the conversion to organic farming for cotton farmers in India, continue to provide school support for the children of farmers, and have worked to establish sustainable frameworks of organic cotton.

We have a group company “Tsubame Towel” (https://tsubame-towel.com/) which produces the largest volume of organic cotton towel in Japan. We also have Yamaya Orimono Co., Ltd. (https://yamayaorimono.co.jp/) - specialist in yarn processing which is also GOTS-certified. Organic cotton is an extremely important part of our Group.

“We are so much aware of the need for traceability management that goes further in terms of traceability transparency, which is particularly important in the textile industry. By having support of the spinning mill, we want to make our management system firm, and provide safer and more reliable organic cotton to countries all over the world in order to proceed with our sustainable business.” - Yamaya Orimono Co., Ltd. -

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231030681658/en/

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https://www.aetoswire.com/en/news/3010202335497

Contacts

Masaru Utsunomiya / Nobuo Takemoto
Sales Dept. Section 211 | Yagi & Co., Ltd. (2-2-8 Kyutaromachi, Chuo-ku, Osaka 540-8660 Japan)
utsunomiyam@yaginet.jp / takemoton@yaginet.jp | +81-6-6266-7895 / +81-6-6266-8582

 

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Gulf Oil Middle East Launches New Product Line at its 2023 Annual Dealers Meet

Dubai, United Arab Emirates -
Gulf Oil Middle East proudly organized its prestigious Annual Dealers' Meet for 2023 in partnership with the Al Nabooda Group, Gulf's official distributor in the UAE. The exclusive gathering brought together an assembly of more than 170 esteemed customers at Grand Hyatt Dubai.

 

The event served as a remarkable opportunity for industry leaders to engage in professional networking and mark the official launch of Gulf's cutting-edge range of heavy-duty diesel engine oils, comprising Gulf Super Fleet Professional, Gulf Super Fleet Supreme, and Gulf Super Fleet Duty. This new range promises improved fuel economy, longer drain cycles, reduced vehicle downtime, and lower maintenance costs.

 

Beyond the product launch, the annual Dealers' Meet provided a platform to highlight Gulf Oil's unrelenting pursuit of excellence. This commitment empowers the company to consistently address industry challenges, leading to the development of advanced solutions that cater to evolving market demands and customer needs. Driven by a dedication to quality and a relentless pursuit of technological innovation, Gulf is resolute in its commitment to staying ahead.

 

Concluding the event, Gulf honored its esteemed partners with appreciation awards, acknowledging their dedication and commitment, which have not only fueled the company’s growth but have also deepened their partnership, serving as a remarkable benchmark for their peers, and exceeding expectations.

 

About Gulf International Ltd

 

Gulf, a wholly owned entity of the Hinduja Group, is one of the largest privately-owned downstream companies, with a presence in over 100 countries worldwide. Operating since 1901, Gulf's history is one of innovation, with a pioneering spirit that still guides the brand today. Gulf Oil International's (GOI) core business is manufacturing and marketing an extensive range of performance lubricants and associated products across a diverse range of market segments. GOI also licenses national fuel retail networks around the globe and has an ever-growing international network, with more than 1,250 stations. Gulf has a strong international presence in Europe, South America, the Middle East, and the Asia Pacific region, owning blending facilities and several licensed plants worldwide. It is the majority shareholder in Gulf Oil Lubricants India Ltd, listed on the BSE. GOI's business also includes Gulf Marine, which supplies lubricants to the global shipping industry across 1,100 ports worldwide. For more information, visit: www.me.gulfoilltd.com


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https://www.aetoswire.com/en/news/2310202335346
Contacts
Shayma Ahmed

0566833613

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HVPD Announces Rebranding to Monitra

MANCHESTER, England
(BUSINESS WIRE)--HVPD, developer of championed cutting-edge products for asset condition monitoring such as patented remote monitoring technology, would like to announce today that we are rebranding and will operate under the new name Monitra.

In recent years, it has become clear that our customers benefit the most from an end-to-end solution, rather than stand-alone products and services.

Our new name, Monitra, will better reflect our company but also remove barriers for the next growth phase. We will re-emphasise our innovation, collaboration, and push for the path to operational excellence.

We provide more than just high voltage partial discharge testing/monitoring, and Monitra is emblematic of the wider turnkey support we now provide to our customers.

At the centre of this is our coherent and holistic condition data management platform, Atlas by Monitra™. “Our commitment to research, development, and comprehensive solutions remains strong; embodied by our condition data management platform Atlas by Monitra™.”
Robert Hvide Macleod – Chairman of Monitra

Data is visualised on a concise dashboard, with clear recommendations supported by machine learning, facilitating failure prevention. Our information privacy and cyber security is underwritten by trusted 3rd party audit, ensuring the safety and availability of data.

The rebrand process has already begun; however, you will still see HVPD branded products and materials both online and in the field. Our core offering is not going anywhere, and neither are our global team of PD experts, but as Monitra we aim to maximise the uptime of every high voltage asset worldwide. Please visit our website www.monitra.com for more information and let us find the best solution for you.

Your Assets.

One Map.

Atlas by Monitra™

History of HVPD

High Voltage Partial Discharge was founded in 2006, when On-line partial discharge (PD) detection products and services were still at an understanding infancy in most industries. “What is PD” was the logical starting point for us as a business.

More than just products, our team of experts has provided advice and test services for hundreds of customers; our company motto being “Our Knowledge is Your Power” has reflected this.

To date we have published more than 50 papers at international conferences as a result of our commitment to research and development, and our customers’ trust in us.

HVPD has enjoyed great success as a product-focused company, with a loyal customer base around the world.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231025658730/en/


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https://www.aetoswire.com/en/news/2710202335474
Contacts
Jordan Edmenson
Marketing@hvpd.co.uk
+44 (0)161 877 6142

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GC Aesthetics and Bimini Health Tech Form Strategic Partnership to Advance Breast Reconstruction Solutions Globally


(BUSINESS WIRE) -- GC Aesthetics®, a long-established brand in breast aesthetics, and Bimini Health Tech (“Bimini”), a pioneer in healthcare solutions, are pleased to announce their groundbreaking Joint Venture partnership aimed at revolutionizing breast reconstruction worldwide.

This strategic collaboration combines GC Aesthetics' 40 years’ experience in design, manufacturing, and distribution of Silicone Breast Implants with Bimini's expertise in Breast Reconstruction innovation. The result: an unprecedented commitment to providing women with best-in-class solutions for breast reconstruction across the globe, including the USA, LATAM, EMEA, and APAC.

Under the umbrella of the Joint Venture named “OPALINE Aesthetics”, GC Aesthetics will deploy Bimini’s healthcare solutions outside the United States and Canada. Conversely, Bimini will commercialize selective GC Aesthetics’ breast reconstruction solutions into the United States which will complement its industry leading Puregraft portfolio of technologies that offer a broad set of solutions to plastic and reconstructive surgeons.

“We want to provide patients around the globe, state-of-the-art breast reconstruction solutions with a demonstrated best in class safety profile”, said Carlos Reis Pinto, CEO of GC Aesthetics. “The combination of Bimini and GCA portfolios will not only expand patient access to broader solutions but it will also lead to the development of new technologies which will improve the standard of care in Breast Reconstruction”, said Brad Conlan, CEO and co-founder of Bimini Health Tech.

The driving force behind this partnership is a shared commitment to patients and plastic surgeons. By joining forces, GC Aesthetics and Bimini Health Tech aim to elevate women's healthcare and well-being, offering comprehensive support for breast reconstruction needs.

Breast Reconstruction requires dedication and commitment to Women Healthcare. Collectively we will embark on this journey to contribute to women's Health and well-being, partnering with medical professionals around the world.

About GC Aesthetics

GC Aesthetics is a long-established global medical technology company that develops, manufactures, and markets a comprehensive range of proprietary aesthetic and reconstructive products. Throughout its 40-year history, GCA has been dedicated to advancing the science of medical aesthetics and delivering high-quality breast implants for breast augmentation and breast reconstructive surgery. We have sold more than 3 million implants across 70 countries, and our products are supported by published 10-year clinical data.

Learn more at www.gcaesthetics.com

About Bimini Health Tech:

Founded in 2013, Bimini Health Tech is a global leader in the regenerative, aesthetic, plastic and reconstructive surgery sectors. Backed by decades of experience, Bimini is committed to the development, acquisition, and commercialization of innovative products that provide premium solutions for patients and physicians. Our portfolio includes the brands Puregraft® (Adipose Filtration System, Serene Breast Implant, Essence Acellular Dermal Matrix), Healeon®, Dermapose®, and Kerastem®. Supported by over a 100 patents, 20 device clearances and approvals, and over 25 scientific publications, Bimini’s products have been utilized in over 1.5 million procedures worldwide.

Learn more at www.biminihealthtech.com

 

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Carlos Reis Pinto
carlosreispinto@gcaesthetics.com

 

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Rockwell Automation and Microsoft Expand Partnership to Leverage Generative AI Capabilities for Enhanced Productivity and Faster Time-to-Market

Industrial organizations will benefit from industry-first Generative AI for automation design

 

 

(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) and Microsoft Corp. (NASDAQ: MSFT) today announced an extension of their longstanding relationship to accelerate industrial automation design and development through generative artificial intelligence (AI). The companies are combining technologies to empower the workforce and accelerate time-to-market for customers building industrial automation systems. The first outcome of this collaboration will add Microsoft’s Azure OpenAI Service into FactoryTalk® Design Studio™ to deliver industry-first capabilities accelerating time-to-market for their customers building industrial automation systems.

 

“The skilled labor shortage and ensuing lost productivity is the biggest challenge facing industrial organizations and their service providers today. These shortages are increasing the need, value, and complexity of automation projects when the ecosystem of service providers is less equipped to deliver on time, quality, and budget,” said Matthew Littlefield, President LNS Research. “Generative AI has already proven its ability to capture the imagination and enhance the productivity of workers in a range of IT and business scenarios. Rockwell Automation and Microsoft’s strategic partnership is an exciting and high-potential step forward in addressing these long-term structural challenges.”

 

Rockwell and Microsoft recognize that using AI to enhance automation across various roles, from decision makers to control engineers and operators, is a key area where they can come together to help customers streamline their processes and drive worker productivity.

 

“Rockwell’s decade-long relationship with Microsoft illustrates our ongoing commitment to providing best-of-breed solutions that empower customers and support our shared vision of driving industries forward through innovation and collaboration,” said Blake Moret, Chairman and CEO of Rockwell Automation. “Together, we're not just addressing current market needs; we're shaping the future of technology in industrial automation.”

 

Adding Azure OpenAI Service into FactoryTalk Design Studio helps engineers generate code using natural language prompts, automating routine tasks and improving design efficiency. It will also empower seasoned engineers to accelerate development and mentor newcomers on a learning path more efficiently and effectively. Additionally, it will assist in finding relevant help from vast collections of information to further educate developers. Rockwell and Microsoft see a bright future in extending this integrated technology to solve other challenges, including Quality Management and Improvement, Failure Mode Analysis, and training frontline workers to execute manufacturing processes through chat-based collaboration with experienced human workers as well as Azure Open AI Service-based chatbots.

 

“The explosive growth and interest in artificial intelligence is driving organizations to partner with Microsoft as a trusted cloud and AI provider,” said Judson Althoff, executive vice president and chief commercial officer at Microsoft. “I am pleased to further strengthen our longstanding relationship with Rockwell by combining its expertise in industrial automation with Microsoft’s generative AI technology to help industrial professionals expedite the creation of complex control systems, optimize the efficiency of their operations, and spur greater innovation across industrial organizations.”

 

Additionally, Rockwell and Microsoft are continuing to explore ways to advance innovation in the industrial metaverse. Both companies are using their respective IoT capabilities, cloud datasets, simulations and AI to design and build products more effectively, more efficiently, and more sustainably.

 

The work between Rockwell and Microsoft will be showcased during Rockwell’s 2023 Automation Fair on Nov. 6-9, 2023, in Boston, Massachusetts.

 

Learn more about this collaboration here.

 

About Rockwell Automation

 

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 28,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.

 

About Microsoft

 

Microsoft (Nasdaq “MSFT” @Microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

 

 

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Rockwell Media Relations

Chaya Jacobs, Director, PR & Social Media

CJacobs@ra.rockwell.com

+1 414-305-2784

 

Microsoft Media Relations

WE Communications for Microsoft

rapidresponse@we-worldwide.com

+1 425-638-7777

 

 

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EU Organic Journey Showcases European Organic Delights at Biofach Saudi Arabia 2023

 

Biofach Saudi Arabia 2023, the premier organic products exhibition, is set to showcase a diverse array of organic offerings, spanning from fruits and vegetables to dairy products, grains, and meats. This event presents a unique opportunity to explore the latest trends and innovations in the organic sector.

 

The EU-funded campaign, known as "EU Organic Journey," is on a mission to raise awareness and promote European organic products from Greece, Romania, and Bulgaria. The campaign targets consumers in the UAE, Saudi Arabia, and the USA. It brings together key organizations, including Agrodiatrofiki Sympraxi Perifereias Stereas Elladas (ASPSE) from Greece, Biocarpathia Cooperative from Romania, and the National Organic Association (NAO) from Bulgaria. The featured products include organic virgin olive oil, organic olives, organic honey, organic milk, and organic cheese.

 

As a part of this remarkable initiative, "EU Organic Journey" will participate in Biofach Saudi Arabia 2023. The event is scheduled to take place from November 19th to 21st, 2023, at the Riyadh International Convention & Exhibition Center, located at King Abdullah Rd, King Abdullah District, Riyadh 11564, Saudi Arabia. They can be found as the "EU Organic Journey" at Hall 3, Booth No F2.

 

Visitors to the expo will have the unique opportunity to gain insights into European organic production methods, learn more about the featured products, and engage with the participating organizations. This event will also serve as a platform to explore potential business collaborations.

 

They can be found on social media platforms including Facebook, Instagram, and on their website at euorganicjourney.eu.

 

 

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Melwyn Abraham - melwyn@matrixdubai.com

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Tecnotree Welcomes Investment Interest from The Royal Front Investments Group

ESPOO, Finland - Friday, 27. October 2023
(BUSINESS WIRE) -- Tecnotree is pleased to announce that it has received legally binding interest from a consortium of shareholders for EUR 20,000,000. As a part of the consortium, we are pleased to welcome the Royal Front Investments Group, an existing proven partner of the company in the EMEA Region.

Markku Wilenius has confirmed his intention to transfer his unpaid subscriptions rights for his 200 notes to the Consortium to enable proposed transactions.

The parties will now work together over the next 15 days to conclude definitive agreements.

Sina Fattahi, Board Member of Royal Front Investments Group, said, “We have had the pleasure of working with Tecnotree for the past few years and are impressed by the consistent performance of the company. Our commitment to Tecnotree reflects our confidence in the company's potential and its role in the ever-evolving digital landscape. This is a terrific opportunity, and we look forward to working closely with our partners to accelerate Tecnotree's growth and success.”

Padma Ravichander, CEO of Tecnotree Corporation, said, “I am delighted with this significant development, as our journey with the Royal Front Investments Group transforms from a customer relationship to a strategic partnership. This investment is a testament to the value and potential they see in Tecnotree's digital capabilities, growth outlook and strategy. We look forward to working closely with our partners to bring this transaction to fruition, which should only enhance and accelerate our strategic initiatives and technology development efforts.”

Neil Macleod, Chairman of Tecnotree Corporation, said, “This gives Fitzroy Investment an opportunity to increase our investment in Tecnotree and we are committed to the companies long term growth and success. Additionally, as a member of the consortium we are very happy to welcome Royal Front Investments as a significant shareholder to the Tecnotree family and I also thank Luminous Sun Holdings for their continued support of the company.”

About Tecnotree

Tecnotree is a 5G-ready digital Business Support System (BSS) player with AI/ML capabilities and multi-cloud extensibility. The company has over 40 years of deep domain expertise and is amongst the first few to attain the Platinum Badge for Open API standards by TM Forum. Tecnotree's agile and open-source Digital BSS Stack comprises a full range (order-to-cash) of business processes and subscription management services for telecom providers and other digital service providers. The company also offers Fintech solutions and a B2B2X multi-experience digital marketplace through its Tecnotree Moments platform, empowering digitally connected communities across various verticals. Tecnotree is listed on Nasdaq Helsinki (TEM1V). For more information, please visit www.tecnotree.com.

 

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Indiresh Vivekananda, CFO, tel. +971 56 410 8357

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Hithium Exhibits at All-Energy Australia, Presenting the New 5 MWh Container Product

(BUSINESS WIRE)--Stationary battery manufacturer Hithium exhibited this week at the most anticipated event in the clean energy sector's annual calendar All-Energy Australia, held in partnership with the Clean Energy Council.

Hithium presents the new 5 MegaWatt hours container the ∞Block using the standard 20-foot container structure. The more compact second generation (ESS 2.0), higher-capacity energy storage system delivers 46% higher energy density than standard systems based on 280 Ah cells. The product will come pre-installed and ready to connect, outfitted with 48 battery modules based on the manufacturer’s new 314 Ah LFP cells, each module providing 104.5 kWh capacity and designed to meet the needs of large utility scale systems. The container will also be technically compatible with most top inverter brands’ power control systems, or bidirectional inverters.

The new energy storage system also comes with Hithium’s mature multi-level, liquid-cooling technology, which keeps cell temperature variation below 3° Celsius. Intelligent thermal management enables the system to optimize battery power and reduce internal energy consumption.

Hithium’s GM of Australia and New Zealand, Vincent She said, “In Australia we have local sales and technical team. Being on the ground in Australia means being able to contribute to the expansion of clean, stable, and affordable energy in a globally leading market. We are ready to support Australia's burgeoning energy storage space with top quality stationary battery products from cell to container.”

With 11GWh of battery products already shipped since the company was founded in 2019, Hithium is expanding its production capacity to 70 GWh by the end of this year. The company has developed some of the most advanced production lines in the world, featuring a high degree of automation and intelligence based on the precise and extensive collection and evaluation of big data, in real time. This enables Hithium to guarantee product stability and consistency in multiple dimensions. The manufacturer’s expansion plans continue into the next several years, with the goal of 135 GWh production capacity by 2025.

About Hithium

Founded in 2019, Hithium is a leading manufacturer of top-quality stationary energy storage products for utility-scale as well as commercial and industrial applications. With four distinct R&D centers and multiple “intelligent” production facilities, Hithium’s innovations include groundbreaking safety improvements to its lithium-ion batteries as well as increases in lifecycle. With decades of cumulative experience in the field among its founders and senior executives, Hithium leverages its specialization in BESS to deliver partners and customers unique advances in energy storage. The company is based in Xiamen, China, with operations in the U.S., Australia, Dubai, and Europe.

 

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carol.wu@hithium.com

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United States International Trade Commission Issues Exclusion Order for Infringing Apple Watches, Finding that Apple Violated U.S. Trade Laws

WASHINGTON - Friday, 27. October 2023 AETOSWire  

Decision Holds World’s Largest Company Accountable for Its Patent Infringement

(BUSINESS WIRE)--Masimo (NASDAQ: MASI) today announced that the United States International Trade Commission (USITC) has recommended a limited exclusion order for infringing Apple Watches with light-based pulse oximetry functionality. The USITC found that Apple (NASDAQ: AAPL) violated U.S. laws by incorporating Masimo’s patented light-based pulse oximetry technology in its products. The exclusion is scheduled to go into effect after a 60-day Presidential review period.

“Today’s ruling by the USITC sends a powerful message that even the world’s largest company is not above the law,” said Joe Kiani, Founder, Chairman, and CEO of Masimo. “This important determination is a strong validation of our efforts to hold Apple accountable for unlawfully misappropriating our patented technology,” added Mr. Kiani.

Comments from two dozen academic institutions, leading antitrust and intellectual property scholars, physicians, investors, nonprofits, and members of Congress were filed in support of the public’s interest in the exclusion order. These comments conveyed a similar message: to protect innovation, such as Masimo’s technology, and to protect public health, it is necessary to preserve incentives to innovate and protect intellectual property and fair competition.

In its comment submitted to the ITC, the Consumer Federation of America stated, “There is no greater offense to both the antitrust and intellectual property law than when a dominant firm infringes the patent of a smaller rival, who is an actual or potential competitor. In this case, as in the other cases involving Apple’s egregious abuse of market power, the harms far outweigh the benefit. In fact, because competition will swiftly replace any services or products that Apple is no longer able to deliver because of the remedy, there will be little harm and a great deal of benefit for consumers and the economy.”

@Masimo | #Masimo

About Masimo

Masimo (NASDAQ: MASI) is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, patient monitors, and automation and connectivity solutions. In addition, Masimo Consumer Audio is home to eight legendary audio brands, including Bowers & Wilkins, Denon, Marantz, and Polk Audio. Our mission is to improve life, improve patient outcomes, and reduce the cost of care. Masimo SET® Measure-through Motion and Low Perfusion™ pulse oximetry, introduced in 1995, has been shown in over 100 independent and objective studies to outperform other pulse oximetry technologies.1 Masimo SET® has also been shown to help clinicians reduce severe retinopathy of prematurity in neonates,2 improve CCHD screening in newborns3 and, when used for continuous monitoring with Masimo Patient SafetyNet™ in post-surgical wards, reduce rapid response team activations, ICU transfers, and costs.4-7 Masimo SET® is estimated to be used on more than 200 million patients in leading hospitals and other healthcare settings around the world,8 and is the primary pulse oximetry at 9 of the top 10 hospitals as ranked in the 2022-23 U.S. News and World Report Best Hospitals Honor Roll.9 In 2005, Masimo introduced rainbow® Pulse CO-Oximetry technology, allowing noninvasive and continuous monitoring of blood constituents that previously could only be measured invasively, including total hemoglobin (SpHb®), oxygen content (SpOC™), carboxyhemoglobin (SpCO®), methemoglobin (SpMet®), Pleth Variability Index (PVi®), RPVi™ (rainbow® PVi), and Oxygen Reserve Index (ORi™). In 2013, Masimo introduced the Root® Patient Monitoring and Connectivity Platform, built from the ground up to be as flexible and expandable as possible to facilitate the addition of other Masimo and third-party monitoring technologies; key Masimo additions include Next Generation SedLine® Brain Function Monitoring, O3® Regional Oximetry, and ISA™ Capnography with NomoLine® sampling lines. Masimo’s family of continuous and spot-check monitoring Pulse CO-Oximeters® includes devices designed for use in a variety of clinical and non-clinical scenarios, including tetherless, wearable technology, such as Radius-7®, Radius PPG®, and Radius VSM™, portable devices like Rad-67®, fingertip pulse oximeters like MightySat® Rx, and devices available for use both in the hospital and at home, such as Rad-97®. Masimo hospital and home automation and connectivity solutions are centered around the Masimo Hospital Automation™ platform, and include Iris® Gateway, iSirona™, Patient SafetyNet, Replica®, Halo ION®, UniView®, UniView :60™, and Masimo SafetyNet®. Its growing portfolio of health and wellness solutions includes Radius Tº®, Masimo W1™, and Masimo Stork™. Additional information about Masimo and its products may be found at www.masimo.com. Published clinical studies on Masimo products can be found at www.masimo.com/evidence/featured-studies/feature/.

RPVi has not received FDA 510(k) clearance and is not available for sale in the United States. The use of the trademark Patient SafetyNet is under license from University HealthSystem Consortium.

References

Published clinical studies on pulse oximetry and the benefits of Masimo SET® can be found on our website at http://www.masimo.com. Comparative studies include independent and objective studies which are comprised of abstracts presented at scientific meetings and peer-reviewed journal articles.
Castillo A et al. Prevention of Retinopathy of Prematurity in Preterm Infants through Changes in Clinical Practice and SpO2 Technology. Acta Paediatr. 2011 Feb;100(2):188-92.
de-Wahl Granelli A et al. Impact of pulse oximetry screening on the detection of duct dependent congenital heart disease: a Swedish prospective screening study in 39,821 newborns. BMJ. 2009;Jan 8;338.
Taenzer A et al. Impact of pulse oximetry surveillance on rescue events and intensive care unit transfers: a before-and-after concurrence study. Anesthesiology. 2010:112(2):282-287.
Taenzer A et al. Postoperative Monitoring – The Dartmouth Experience. Anesthesia Patient Safety Foundation Newsletter. Spring-Summer 2012.
McGrath S et al. Surveillance Monitoring Management for General Care Units: Strategy, Design, and Implementation. The Joint Commission Journal on Quality and Patient Safety. 2016 Jul;42(7):293-302.
McGrath S et al. Inpatient Respiratory Arrest Associated With Sedative and Analgesic Medications: Impact of Continuous Monitoring on Patient Mortality and Severe Morbidity. J Patient Saf. 2020 14 Mar. DOI: 10.1097/PTS.0000000000000696.
Estimate: Masimo data on file.
http://health.usnews.com/health-care/best-hospitals/articles/best-hospitals-honor-roll-and-overview.
Forward-Looking Statements

This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, in connection with the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations about future events affecting us and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond our control and could cause our actual results to differ materially and adversely from those expressed in our forward-looking statements as a result of various risk factors, including, but not limited to: risks related to further proceedings, including the Presidential review period and any appeals, as well as other factors discussed in the "Risk Factors" section of our most recent reports filed with the Securities and Exchange Commission ("SEC"), which may be obtained for free at the SEC's website at www.sec.gov. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today's date. We do not undertake any obligation to update, amend or clarify these statements or the "Risk Factors" contained in our most recent reports filed with the SEC, whether as a result of new information, future events or otherwise, except as may be required under the applicable securities laws.

 

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Masimo
Kristen Budreau
949-433-5847
kbudreau@masimo.com

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Tecnotree Reports Record Order Book Backed by Strong Deliveries, Promises Stable Growth

(BUSINESS WIRE) -- Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, announced today its financial results for the quarter ended September 30, 2023.

Key highlights of the third quarter financial results:

Net sales in the third quarter were EUR 21.4 million, showing 7.4% growth compared to last year

Operating results increased 23.0% to EUR 6.2 million as compared to 5.0 last year

Net result decreased by 3.3% to EUR 3.2 million

Cash flow after investments was EUR -7.9 million

Earnings per share were EUR 0.01

Tecnotree received EUR 31 million of new orders for the Quarter and the Order Backlog at the end of the period stood at EUR 78.0 million

Commenting on the results for the third quarter of 2023, Padma Ravichander, CEO of Tecnotree Corporation, said, “We are pleased with our performance this quarter as we maintain an ongoing momentum of consistent growth despite challenging market conditions. This growth was fuelled by deliveries of our Digital Stack for BSS in Africa and the Middle East along with Tecnotree Sensa AI/ML deliveries in Healthcare and Fintech in the United States of America. Our focus remains to keep delivering quality products and services to our customers while ensuring that we monetize all opportunities offered by the market for AIML-led Digital Transformations and B-B-X eco-system play.”

Other significant milestones:

Tecnotree launched MTN D-Stack, under the transformation program MTN Metamorphose powered by Tecnotree. Driven by Tecnotree’s digital suite, the project signifies a major leap towards enhancing MTN’s offerings, enabling them to benefit from wide-ranging automation-driven solutions.

Tecnotree signed a multi-million Euro, 5-year agreement with Telenor Group, to supply Tecnotree Voice Mail System (VMS) for Norway, Denmark and Sweden operations in the Nordic region.

Tecnotree signed a multi-million Euro agreement with Telikom PnG. Under this new agreement, Tecnotree will provide support to Telikom through its BSS-Edge platform, with products like mobile & fixed line business integration.

Tecnotree signed a multi-million Euro deal with a rising telco services provider from the African region. This collaboration will see Tecnotree deliver an advanced digital Business Support Systems (BSS) stack, coupled with Fintech and Value-Added Services (VAS). The new logo is another successful endeavour toward the company’s strong presence in the African region.

This quarter Briclinks Africa Plc ‘BTEL’ selects Tecnotree BSS, Moments B2B2X Marketplace, and Diwa Fintech platform to supercharge Go-to-market, and revenue monetization capabilities.

In addition to this, in Q3 Tecnotree won a Sensa AI/Ml and Digital BSS transformation deal with a Tier-1 CSP in the MENA region.

Tecnotree achieved the Diamond Badge for TM Forum Open API Conformance, solidifying a leading position with a total of 59 certified Open APIs including 9 real world open APIs. The recognition signifies Tecnotree's commitment to creating an open digital ecosystem for customers and matching the increasing expectations of the global communications industry.

Tecnotree has been ranked 4th among the top companies in the world for AI and Autonomous Agents by Markets and Markets Analyst firm in 2023.

Tecnotree has also been ranked among the top 2 vendor companies globally for Revenue Monetisation Market Share in 2023 by Precision Reports and Digital Journal a renowned Canadian analyst firm for CSPs.

Tecnotree was recognized by TM Forum as a finalist in its most prestigious TMF Excellence awards for Customer Experience that was delivered to MTN Uganda.

Tecnotree was honoured with two prestigious awards - ‘Best Innovation in Information Technology’ and 'Best Workplace Diversity Award'. The awards acknowledged Tecnotree’s achievements in the fields of innovation and novel technology implementation, as well as its dedication to fostering exceptional digital talents through workplace diversity.

Additionally, Tecnotree continues its investments in new initiatives – Tecnotree Sensa Fabric AI/ML platform, Tecnotree Moments, Tecnotree DiWa (Digital Wallet), and SaaS; and had successful participation in many global technology events this quarter.

About Tecnotree

Tecnotree is a 5G-ready digital Business Support System (BSS) player, with AI/ML capabilities and multi-cloud extensibility. Tecnotree is No. 1 on the TM Forum Open API Conformance table with 59 Open APIs, and this is a result of our pursuit towards delivering excellence, and consistently providing differentiated experiences and services to the CSPs and DSPs. Our agile and open-source Digital BSS Stack comprises the full range (order-to-cash) of business processes and subscription management for telecom and other digital services industries creating opportunities beyond connectivity. Tecnotree also provides Fintech and B2B2X multi-experience digital marketplace to its subscriber base through the Tecnotree Moments platform to empower digitally connected communities across gaming, health, education, OTT, and other vertical ecosystems. Tecnotree is listed on the Helsinki Nasdaq (TEM1V). For more information, check our website at www.tecnotree.com

 

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Padma Ravichander, Tecnotree CEO
Email: marketing@tecnotree.com

 

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etisalat by e& Partners with Netcracker on the Largest Full-Stack BSS Transformation Project in the Middle East

(BUSINESS WIRE)--Netcracker Technology and etisalat by e& announced today a strategic partnership for a large-scale, multi-year BSS transformation project delivering innovation across the business and all customers.

etisalat by e& was founded in Abu Dhabi more than four decades ago and is UAE’s first telecommunications company. The company has been on a journey to transform to a technology company. By embarking on this transformation, etisalat by e& will continue to be at the forefront of driving the digital society through delivering faster and more differentiated and personalized services to its customers across all its service offerings.

The significant new engagement includes Netcracker Digital BSS, part of Netcracker Digital Platform, in a full-stack implementation encompassing a number of products and functions, including order management, CRM, product catalog management, self-service and digital channels enablement, service fulfillment, analytics and reporting and partner management. The large-scale commitment will directly benefit all of etisalat by e&’s customers, including consumer and business segments. This includes improved time to market, enhanced service delivery and a superior customer care experience through a GenAI-driven platform.

“Our partnership with Netcracker gives our teams the capability to provide always-on services that help us to meet and exceed customer expectations,” said Khalid Murshed, CTIO at etisalat by e&. “We are confident that strategic partners like Netcracker will help us deliver more for our customers by giving us real business results today and keeping us on the long-term path for etisalat by e& to become a fully automated digital services provider. They will bring their expertise to this long-term project to modernize our systems and processes and deliver the next generation of customer experience.”

This collaboration with Netcracker will also help etisalat by e& adopt a best-of-suite approach and build a new modern IT stack that will allow it to concentrate on customers, channel management and product innovation. This important project is also in line with the group’s transformation journey, enabling it to create new service offerings quickly, expand its footprint in the region, nurture in-house talent and enhance competitiveness in the markets in which it operates.

“We are extremely honored that etisalat by e& has selected Netcracker to play a major role in this important large-scale, AI-driven transformation project that will deliver significant benefits to our customer and their entire business,” said Sylvain Seignour, President of Netcracker. “We have enjoyed a close partnership with etisalat by e& and are looking forward to helping them along this journey to become a modern digital service provider and deliver exceptional value and differentiated service experiences to their customers.”

About Netcracker Technology

Rapid digitization is disrupting the status quo of today’s communications markets. Constantly evolving customer needs and behaviors require service providers to adapt quickly and diversify their businesses to deliver the outcomes that their customers expect. Building digital ecosystems, anticipating customer requirements and delivering a digital-first experience are essential for service providers to accelerate innovation, expand into new markets and become the disruptors in the 5G era.

Netcracker Technology, a wholly-owned subsidiary of NEC Corporation, has the expertise, culture and resources to help service providers around the world transform their businesses to thrive in a digital economy. Our innovative solutions – including our flagship cloud-native Netcracker Digital Platform – value-driven services and unbroken delivery track record of three decades help service providers to achieve their digital transformation goals, drive the telco to techco evolution within their organizations and realize business growth and profitability. For more information, visit www.netcracker.com.

About etisalat by e&, UAE

‘etisalat by e&’ is the brand representing the UAE telecoms pillar of e& (formerly known as Etisalat Group), operated by Etisalat UAE in our home market. In line with its refreshed strategy, Etisalat UAE is on a mission to unlock shareholder value, deliver outstanding customer experiences and drive optimal business performance.

Taking advantage of the age of ‘connectivity renaissance’, Etisalat UAE will grow core and digital services, by enriching consumers’ value propositions with digital services that cater for consumers’ new lifestyles and emerging demands beyond basic telecom services, including areas like gaming, health, and insurance. Etisalat UAE will also continue to act as the trusted partner and advisor of enterprises by enabling their connectivity and beyond connectivity requirements.

Bolstering its leadership position as the digital telco that is a customer champion in a hyper-connected digital world, Etisalat UAE will pivot new, sustainable demand in future-forward spaces like private networks, autonomous vehicles, and AI.

To learn more about Etisalat UAE, please visit https://eand.com/en/telecom.jsp.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231026407658/en/


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Media

Anita Karvé
Netcracker Technology
MediaGroup@Netcracker.com

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1337 Emerges from Stealth with $4M to Build an Ecosystem of AI-driven Micro Influencers

With funding from angel investors connected to LVMH and Hugging Face, 1337 aims to invent ways we engage with AI for good.

(BUSINESS WIRE) -- 1337, a generative AI platform committed to connecting niche communities through hyper-personalized interests, has emerged from stealth today with the announcement of a $4 million pre-seed round. Investors include Credo Ventures, GFR Fund, Treble Capital, Roosh Ventures, and individuals including Hugging Face CEO Clément Delangue and impact investor Natalia Vodianova.

Pronounced “Leet” (a nod to early gaming and hacker culture), the company also unveiled an ecosystem of AI-driven micro influencers, known as ‘Entities.’ Each Entity has a unique set of skills and interests and aims to connect, educate and inspire niche communities online. Today, 1337 is debuting 50 new Entities in beta, and a global creator community for co-creating future Entities.

1337 plans to use the new funding to develop a scalable platform that will facilitate the expansion of its Entity ecosystem to thousands of niche communities in the near future, while also broadening its global creator community.

1337’s funding comes at a time of profound growth and excitement for the Digital Human Economy, which Gartner forecasts will evolve into a $125 billion market by 2035.

“Niche communities collectively represent a massive audience of people online,” said 1337 co-founder and CEO Jenny Dearing. “1337 is building a new way for these deeply engaged community members to collaborate and interact with each other thanks to the addition of multimodal large language models. We view the Entities we’re creating as guides, to help facilitate greater connection between people and communities, and later, directly between communities and brands.”

The 1337 leadership team includes Jenny Dearing, Robin Raszka, Jan Maly and key strategic advisors including Bailey Richardson, former Head of Community at Instagram, who currently leads both Marketing and Community at Substack.

1337 founder Robin Raszka previously founded Alter, a consumer AI startup that he created in 2017 with a $3 million seed round and sold to Google in 2022 for $100 million. Before Alter, he was a product designer at AI startup Summly, which was acquired by Yahoo for $30 million in 2013.

“In the future of social media, we'll witness a shift towards hyper-personalization and the co-creation of synthetic content—inspired by open-source principles—simulating the digital pulse of these AI Entities with the human soul. 1337 Entities are pioneering this shift,” said 1337 founder Robin Raszka. “We are inventing ways people engage with AI, creators, and brands, for good.”

With this new funding, 1337 is fueling the creation of a more vibrant online community to help build a future where everyone is celebrated and supported.

“Today, some of the most dynamic applications of LLMs and diffusion models are found within the realms of human creativity and connectivity. This supports our conviction that the next wave of AI will have a significant impact on the social media landscape, affecting creators, followers, and advertisers alike,” said General Partner at Credo Ventures and Investor, Karolina Mrozkova. “We're very excited to support Robin, Jenny, Jan, and the entire 1337 team on their mission to revolutionize content creation and connectivity in the world of social media and beyond.”

For more details, visit https://1337.org

About 1337

1337 is a generative AI platform committed to connecting niche communities through hyper-personalized interests. Through its AI-driven Entities, 1337 is providing a new way to co-create with AI, championing an open-source-inspired approach that encourages people to engage with creators, brands and each other in a collaborative fashion.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231025887962/en/


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1337@archetype.co

 

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Corpay to Become Global Foreign Exchange Partner of Cirque du Soleil

 


 Corpay to enter into Official Marketing Partnership with Cirque du Soleil focused on currency risk management solutions

 

(BUSINESS WIRE) -- Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce that Corpay’s Cross-Border business has entered into an agreement with Cirque du Soleil to become their Official Foreign Exchange (FX) Partner. Through this global sponsorship, Cirque du Soleil will gain access to Corpay’s innovative solutions to help mitigate its foreign exchange exposure.

"As a Canadian founded company with a presence in Quebec for over 20 years, Corpay is thrilled to become the Official FX Partner of Cirque du Soleil. This is a significant milestone for Corpay’s global partnership program evolution, as it marks our entrée into the world of arts and live entertainment" said Brad Loder, Vice President, Cross-Border Marketing, Corpay Cross-Border Solutions." With our strong focus on growing the Corpay brand, as well as our corporate payments and currency risk management business in Canada and across the globe, we are elated to partner with Cirque du Soleil, a Canadian icon and world-renowned leader in live entertainment.”

"This new sponsorship is an ideal fit for a global organization such as ours, whose touring shows perform in over 30 countries each year and therefore need to manage our foreign exchange risk exposure across multiple currencies. We look forward to more broadly telling the story of how Corpay’s solutions provide added value for our organization’s foreign exchange risk management” said Lauren Hart, Head of Partnership Strategy, Cirque du Soleil Entertainment Group

About Corpay

Corpay is a global leader in business payments, helping companies of all sizes better track, manage and pay their expenses. Corpay provides customers with a comprehensive suite of online payment solutions including Bill Payment, AP Automation, Cross-Border Payments, Currency Risk Management, and Commercial Card Programs. Corpay is part of the FLEETCOR (NYSE: FLT) portfolio of brands. To learn more visit www.corpay.com.

About Cirque du Soleil Entertainment Group

Cirque du Soleil Entertainment Group is a world leader in live entertainment. In addition to producing world-renowned circus arts shows, the Company brings its creative approach to a large variety of entertainment forms, such as multimedia productions, immersive experiences, and special events. Going beyond its various creations, Cirque du Soleil Entertainment Group aims to positively impact people, communities and the planet with its most important tools: creativity and art. Since its creation in 1984, more than 378 million people have been inspired on 6 continents and 86 countries. The Canadian company now employs more than 4000 employees, including 1200 artists from 80 different nationalities. For more information about Cirque du Soleil Entertainment Group, please visit CDSentertainmentgroup.com.

 

 

 

Contacts

Corpay:
Brad Loder
VP, Cross-Border Marketing
+1 (647) 627-6635
brad.loder@corpay.com

Cirque du Soleil Entertainment Group:
Marie-Noëlle Caron
Corporate Public Relations Manager
+1 (514) 862-1811
Marie-Noelle.Caron@cirquedusoleil.com

 

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Sirion Named a Leader in 2023 Gartner® Magic Quadrant™ for Contract Life Cycle Management

 


 Second year in a row the CLM company is recognized as a Gartner Magic Quadrant Leader for its Ability to Execute and Completeness of Vision

 

(BUSINESS WIRE) -- Sirion, the global leader in AI-powered contract lifecycle management (CLM), today announced it has been named a Leader in the 2023 Gartner Magic Quadrant for Contract Life Cycle Management for the second consecutive year. For the 2023 Magic Quadrant for CLM report, Gartner evaluated 16 CLM vendors across 15 criteria, measured along the Ability to Execute and Completeness of Vision. Download a complimentary copy of the report here.

We believe Sirion's consistent recognition as a Leader in the Magic Quadrant reaffirms its commitment to delivering exceptional CLM solutions and innovative AI advancements. The company remains focused on providing the highest level of customer satisfaction and expanding its market presence.

The Gartner report states: “Leaders are in the strongest position to influence the market’s growth and direction. They demonstrate a market-defining vision for how CLM technology can help companies achieve the business objectives of managing compliance and reducing process bottlenecks. Leaders can execute against that vision through products and services, and have demonstrated business results in the form of revenue and earnings. They excel in their combination of market understanding, innovation, product features and functions, and overall viability.”

Sirion stands out in the CLM industry with its focus on helping enterprise teams maximize the value of every business deal – from preparing for negotiation to leveraging data from past deals and monitoring contract performance post-signature. Additionally, Sirion is focused on expanding its generative AI capabilities with new applications that will empower teams to mine insights from across contracts, enterprise data, and other data resources.

“Contracting resilience is mission-critical for every business. We believe being named a Leader by Gartner for the second consecutive time is clear recognition that our vision and commitment to delivering a comprehensive Contract Lifecycle Management platform with prescriptive insights enables businesses to contract smarter,” said Ajay Agrawal, Founder and Chief Executive Officer at Sirion. “As the economy recovers, leaders have an opportunity to eliminate the silos made painfully obvious over the past year. Working closely with our contracting community, we are rapidly co-creating innovations that drive adoption, optimize revenue and spend, and amplify the community network effect, helping businesses around the globe contract smarter together.”

To learn more about Sirion's leading AI-powered CLM, please visit: https://www.sirion.ai/.

Learn more about the 2023 Gartner Magic Quadrant for Contract Life Cycle Management here: https://www.sirion.ai/report/gartner-magic-quadrant-for-contract-lifecycle-management/

Gartner disclaimer

Gartner, Magic Quadrant for Contract Life Cycle Management, Kaitlynn Sommers, Lynne Phelan, Kerrie McDonald, 18 October 2023.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Sirion

Bringing together category-leading innovation, unrivaled Contract Lifecycle Management expertise, and a deep commitment to customer success, Sirion helps the world’s leading businesses contract smarter. Powered by intelligence uniquely connected across the complete contract lifecycle, Sirion’s easy-to-use, highly configurable Smarter Contracting platform brings legal, procurement, sales, and business teams together to author stronger contracts, improve risk management and strengthen counterparty relationships. Sirion is trusted by over 200 of the world’s most successful organizations to manage 5 million+ contracts worth more than $450 billion across 70+ countries. For more information, visit www.sirion.ai.

 

 

 

Contacts

Olivia Farber
(949) 542-9232
media.relations@sirionlabs.com

 

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