Tuesday 31 October 2017

ASCOM WINS ORDER TO SUPPLY ADVANCED NURSE CALL SOLUTION FOR ELDERLY CARE FACILITIES IN NORWAY

BAAR, Switzerland, Oct 31 (Bernama-GLOBE NEWSWIRE) -- Ascom (SWX:ASCN.SW) secures a long term contract with the Drammen municipality in Norway to modernize and improve the communication infrastructure of its elderly care facilities. The new solution includes Ascom Myco 2 smart devices and will enhance the care experience of all residents.
 
The solution of Ascom consists of a comprehensive Ascom teleCARE IP nurse call system, Ascom Myco 2 handsets, Ascom Unite middleware for messaging handling and Ascom Ward Agent nurse-resident allocation software which will be implemented in three care units with 124 beds in total. The contract amounts to a value of around CHF 790,000.

http://mrem.bernama.com/viewsm.php?idm=30442

HOYA REPORTS SECOND QUARTER RESULTS; RECORD HALF YEAR RESULTS

TOKYO, Oct 30 (Bernama-BUSINESS WIRE) -- Hoya Corporation (TOKYO: 7741) today announced financial results for the second quarter ended September 30, 2017.

During the quarter, revenue of the HOYA Group increased 18.2% year on year, reaching 135,772 million yen. Pre-tax profit amounted to 32,868 million yen with 26,767 million yen in profit, representing increases of 3.9% and 7.9%, respectively.

In the Life Care segment, sales of eyeglass lenses rose, mainly overseas and in response to business acquisitions. Medical endoscopes experienced improved sales, pushed mainly by performance in Europe and Asia. New products drove sales of intraocular lenses as well. As a result, the Life Care segment as a whole reported higher sales year on year.

The Information Technology segment also reported higher revenues year on year, driven by stronger demands in semiconductor devices and glass substrates for hard disk drives. Imaging-related product sales increased as well due to an expansion of new applications.

For the six months ended September 30, 2017, HOYA posted record revenues of 262,930 million yen and record profit for the term of 51,960 million yen, representing increases of 14.3% and 21.4%, respectively.

“The Life Care segment delivered sales increase of 9.4% without exchange gain this quarter,” said Hiroshi Suzuki, president and chief executive officer of HOYA. “We expect the segment profitability to improve in the second half as post-merger integration completes.”

HOYA also announced the interim dividends of 30 yen per share of common stock.

A NEW HUMANITARIAN ENVOY TO SUPPORT REFUGEES WORLDWIDE

TBHF has provided over 647,000 beneficiaries in 10 nations with health, education and emergency aid

SHARJAH, United Arab Emirates, Oct 31 (Bernama-BUSINESS WIRE) -- In a significant step to bolster their ongoing life-saving relief operations, The Big Heart Foundation (TBHF), one of the world’s leading humanitarian organisations based out of the United Arab Emirates (UAE), has appointed Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Sharjah Media Council, as its Humanitarian Envoy.

http://mrem.bernama.com/viewsm.php?idm=30444

TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION LAUNCHES NEW SURFACE-MOUNT BRUSHED MOTOR DRIVER IC

Supporting high-voltage and large-current drive for home-use robot vacuum cleaners and printers.

TOKYO, Oct 30 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation has broadened its line-up of small surface-mount brushed motor drivers with the addition of “TB67H420FTG,” which supports high-voltage, large-current drive for home-use robot vacuum cleaners, printers and other office equipment. Mass production starts today.

A high power drive is a basic requirement for the motors used in printers and other office equipment, banking terminals, cash dispensers, and home appliances that need high torque drive. As the scope of application increases, so too does the demand for downsizing and space-saving devices.

http://mrem.bernama.com/viewsm.php?idm=30436

NTT COM TO CONSTRUCT OPTICAL SUBMARINE CABLE CONNECTING JAPAN, U.S. AND PHILIPPINES WITH LARGE CAPACITY AND LOW LATENCY

To be compatible with 400Gbps optical wavelength division multiplex transmission system as the fastest submarine cable between Japan and U.S.

TOKYO, Oct 30 (Bernama-BUSINESS WIRE) -- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (TOKYO:9432), announced today that as part of a consortium comprising SoftBank, Facebook, Amazon, PLDT and PCCW Global, it signed an agreement on 27 October to participate in the construction and maintenance of the JUPITER large-capacity low-latency optical submarine cable between Asia and the United States.

http://mrem.bernama.com/viewsm.php?idm=30435

OIL AND GAS INDUSTRY LEADERS INVEST IN SOLIDIA TECHNOLOGIES' SUSTAINABLE CEMENT AND CONCRETE INNOVATIONS

Investment will aid in reducing greenhouse gas emissions by bringing technology to market

PISCATAWAY, N.J., Oct 30 (Bernama-BUSINESS WIRE)-- Solidia Technologies® announced today that OGCI Climate Investments has made in an investment in the company to support the adoption of Solidia’s patented cement and concrete technology using CO2.

The Oil and Gas Climate Initiative (OGCI) is a CEO-led initiative of ten oil and gas companies that collaborate on action to lead the industry response to climate change. OGCI Climate Investments, its billion dollar investment arm, supports the development, deployment and scale up of new technologies that will significantly reduce greenhouse gas emissions.

http://mrem.bernama.com/viewsm.php?idm=30428

Monday 30 October 2017

GOOD THINGS COME IN PAIRS TO EOS INC. IN SINGAPORE

TAIPEI, Taiwan, Oct 30 (Bernama-GLOBE NEWSWIRE) -- The international marketing teams of EOS Inc. gathered and celebrated the inspiring growth of the business again, in Singapore’s flagship store on August 28th. The visiting teams had came a long way, from Foshan China and the franchisee of Singapore’s second flagship store, both participated and signed their contracts to join the EOS family at the ceremony in Singapore. This is a grand expansion of EOS Inc. sales channels in Asia, just like good things come in pairs.

Mr. Ben Yang, President of EOS Inc., warmly welcomed these new partners at the ceremony. The team that came from Foshan China with over 20 sales agents was led by Miss Lan, Jin-li, the general manager of a successful dealer of health care food in Canton, China. Her team studied deeply, understanding the products and the corporate philosophy of EOS on their trip, confirming their determination to participate in the business of the global EOS family.

http://mrem.bernama.com/viewsm.php?idm=30434

COMPUWARE ANNOUNCES DAY ONE SUPPORT FOR IBM IMS V15.1

DETROIT, Oct 30 (Bernama-GLOBE NEWSWIRE) -- Compuware Corporation, the world’s leading mainframe-dedicated software company, is pleased to announce Day One support for IBM IMS V15.1 transactional database on IBM Z. Compuware’s support extends across its product line, including Abend-AID, File-AID, Strobe, Xpediter and COPE, the company’s IMS virtualization solution, as well as Topaz Workbench. Day One interoperability will help shared customers quickly realize the benefits of IBM’s latest IMS enhancements, while increasing efficiencies and reducing costs through virtualization.
 
“IBM’s IMS solution is already the most trusted name in transactional databases for mainframes. IMS V15.1 builds upon that trust through unmatched encryption and processing capabilities, combined with more dynamic development, scalability, and API openness,” said Compuware CEO Chris O’Malley. “This aligns with our quest to help Compuware customers harness the virtues of the mainframe to achieve greater productivity and competitive advantage in the digital economy.”

http://mrem.bernama.com/viewsm.php?idm=30426
 

GCP APPLIED TECHNOLOGIES ANNOUNCES PRICE INCREASE

CAMBRIDGE, Mass., Oct 27 (Bernama-GLOBE NEWSWIRE) -- GCP Applied Technologies (NYSE:GCP) has announced that effective January 1, 2018 it is implementing price increases of up to 5% across many of its product lines, or as contract terms allow.

“We are committed to providing customers with high-performing products and industry-leading technical service.  This price increase is necessary to meet persistent inflationary pressures, while continuing to allow us to make investments in developing new technologies and systems to support our customers' needs," said Michael Ragan, GCP’s Vice President of Global Sales.

About GCP Applied Technologies

GCP is a leading global provider of construction products technologies that include additives for cement and concrete, the Verifi® in-transit concrete management system, high-performance waterproofing products, and specialty systems. GCP products have been used to build some of the world’s most renowned structures. More information is available at www.gcpat.com.

Media Relations
Paul Keeffe
+1 617.498.4461
mediainfo@gcpat.com

Investor Relations
Joe DeCristofaro
+1 617.498.2616
investors@gcpat.com

Source : GCP Applied Technologies Inc.

--BERNAMA

AGF INTRODUCES REBRAND TO REFLECT FIRM'S EVOLUTION

Brings consistency and discipline to its brand house

TORONTO, Oct 27 (Bernama-GLOBE NEWSWIRE) -- AGF Management Limited (AGF) (TSX:AGF.B) today unveiled a new brand that reflects the firm's growth strategy, while bringing alignment across its suite of brands.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4d24c5b8-5fce-42db-9b65-88b1ed300dc1

"Our rebrand signals the evolution of our story and reflects the disciplined approach we apply to everything we do at AGF -- from how we manage money to serving our clients to driving efficiencies in how we run our business," said Blake Goldring, Chairman and Chief Executive Officer, AGF. "I'm pleased that we could launch this rebrand as we celebrate our 60th anniversary. It reflects how we are moving forward and looking ahead to the next 60 years."
http://mrem.bernama.com/viewsm.php?idm=30413

Saturday 28 October 2017

RDC RECOGNIZED IN CHARTIS RISKTECH 100 REPORT

Ranked in most comprehensive, independent study of the world’s best risk and compliance technology companies

NEW YORK & LONDON, Oct 27 (Bernama-BUSINESS WIRE) -- RDC, the Smarter ScreeningTM company, today announced it is being recognized as a global leader in compliance screening by Chartis, an authority on risk and compliance technology.

http://mrem.bernama.com/viewsm.php?idm=30411

ABIOMED ANNOUNCES Q2 FY 2018 REVENUE OF $132.8 MILLION, UP 29% AND RECORD U.S. PATIENT UTILIZATION, UP 33%

DANVERS, Mass., Oct 27 (Bernama-GLOBE NEWSWIRE) -- Abiomed, Inc. (NASDAQ:ABMD), a leading provider of breakthrough heart support technologies, today reported second quarter fiscal 2018 revenue of $132.8 million, an increase of 29% compared to revenue of $103.0 million for the same period of fiscal 2017. Second quarter fiscal 2018 GAAP net income was $24.5 million or $0.54 per diluted share, compared to GAAP net income of $8.9 million or $0.20 per diluted share for the prior year period.

http://mrem.bernama.com/viewsm.php?idm=30418

Friday 27 October 2017

EASTSPRING INVESTMENTS BERHAD DECLARES INCOME DISTRIBUTION FOR EASTSPRING INVESTMENTS TARGET INCOME FUND 4

KUALA LUMPUR, Oct 27 (Bernama) -- Eastspring Investments Berhad today announced the gross income distribution for Eastspring Investments Target Income Fund 4 (“Fund”):
 
Fund Name
Financial Year End
Gross Distribution
(RM/Unit)
Dividend Yield as at 30 September 2017Type of Distribution
Eastspring Investments Target Income Fund 430 September 0.05925.75%Annual

All unit holders who have maintained their unit holdings in the Fund as at 26 October 2017 will be entitled to the income distribution.

This 5 year closed-ended bond fund is the fourth in a series of target income funds. This distribution is consistent with the Fund’s objective which endeavours to provide regular income[1] during the tenure of the Fund.
 
Market Outlook from the External Investment Manager, Eastspring Investments (Singapore) Limited

The Asian USD bond market (represented by the JP Morgan Asia Credit Index) reported a gain of 0.94% in August. The positive performance was driven  by lower US Treasury (UST) yields as Asian credit spreads were range-bound. During the month, UST yields fell as renewed geopolitical tensions with North Korea and political uncertainty in the US supported "safe haven" bids for US Treasuries. The rising risk of fiscal brinkmanship in the US had raised concerns over a potential breach in the debt  ceiling, and  consequently, government shutdown. Lacklustre inflation prints, as well as a lack of insight on the Federal Reserve’s (Fed) policy outlook from Fed Chairwoman Janet Yellen during the Jackson Hole symposium further kept a lid on UST yields. 10-year UST yields closed the month lower by 18bps.

The high yield sector outperformed the investment grade sector over the month. High yield sovereign bonds led the charge, with Sri Lankan  and Mongolian sovereign bonds driving the outperformance. High yield corporates also held up well, led by Chinese high yield  property developers following better-than-expected corporate earnings announcements. Within the investment grade space, Korean bonds weighed on performance across sectors, particularly in  the corporate space. On the other hand, investment grade sovereign and quasi-sovereign bonds turned  in decent returns  over the month as their long duration profiles benefited from the fall in UST yields.

Asian USD bonds have had a decent showing over the year-to-date period. Yield-seeking behavior was strong in Asia as investors generally brushed  off macroeconomic and geopolitical concerns  globally. Treasury return was also supported by declines in longer term UST yields on the back of soft inflation numbers. Investor demand  for yield  helped  to prop up the performance of high yield  sovereign bonds which  outperformed over the year. This was followed by investment grade sovereign bonds, which was driven  higher by Indonesia following its sovereign rating upgrade by S&P. Corporate bonds also held up well, with high yield corporate bonds outperforming investment grade corporate bonds over the year-to-date period.

[1] Income declared will be paid out either by way of E-payment according to unit holders’ instructions in the account opening form or by cheque. 

ABOUT EASTSPRING INVESTMENTS

Eastspring Investments is a leading asset manager in Asia that manages over US$170 billion assets on behalf of institutional and retail clients as at 30 June 2017. Operating in Asia since 1994 in 10 major Asian markets plus offices in North America and Europe. Eastspring Investments is the Asian asset management business of Prudential plc, one of the world’s largest financial services companies.

ABOUT EASTSPRING INVESTMENTS BERHAD

Established in 2000 and based in Kuala Lumpur, Eastspring Investments Berhad is one of the leading asset management companies in Malaysia in both institutional and retail, with over RM40 billion in assets under management in the country as at 30 June 2017. It manages unit trust funds, wholesale funds as well as private mandates.

SOURCE : EASTSPRING INVESTMENTS BERHAD
 
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Judy Yap
Director, Brand and Communications
Tel : 03 - 2170 0290
Fax : 03 - 2170 0399
Email : judy.yap@eastspring.com
 
--BERNAMA

IKIM Publishes Book To Fend Off Pluralistic Beliefs

PUTRAJAYA, Oct 27 (Bernama) -- The book, 'Kenapa Islam: Menyanggah Pegangan Kaum Pluralis' (Why Islam: Refuting the Beliefs of Pluralists) published by the Institute of Islamic Understanding Malaysia (IKIM) can be a guide to fend off attempts by certain quarters attempting to erode the confidence of Muslims regarding fundamental issues in the Islamic faith.

IKIM's Syariah Studies, Law and Politics Centre director Dr Mohd Farid Shahran said the publication of the book was timely, as religion and inter-religious relations within Malaysia's plural society had become an endless polemic.

He said although different communities had been living in harmony for so long, problems began arising when certain parties subtly used the diversity as a 'weapon' to undermine the Muslim's beliefs, trapping them with the concept of pluralism.

"In the context of ethnic and religious diversity, we cannot escape the issue of religious tolerance, that is, the importance of tolerating the differences between themselves and other religions.

"Here, we have to be clear, that in religious tolerance, we (Muslims) can tolerate in terms of practising each other's religious beliefs. However, we cannot compromise on the truth of the Islamic religion, and firmly stand by our stance that Islam is the best religion," he said when discussing the book as a panelist here today.

Also on the panel for the discussion held in conjunction with the Books and Comics Auction 2017 were Senior Fellow of the IKIM Syariah Studies, Law and Politics Centre, Md Asham Ahmad, who is also the book's author.

Mohd Farid said differences and diversity of religion should not make Muslims pluralists, and the book justified the matter with basic and scientific evidence of the truth of the Islamic religion, the perfection of the Islamic Shari'a, the authority of messenger, the Prophet Muhammad SAW, and on how his teachings had been preserved till today.

Meanwhile, Md Asham hoped the publication of the book could improve Muslim understanding of the true position of Islam, as well as remove all doubts arising from misleading pluralist agendas.

The 70-page book is sold at RM25 and is available via online purchase at www.ikim.gov.my, or at the Penerbit IKIM Gallery, Jalan Duta, Kuala Lumpur.

-- BERNAMA

INDUSTRY LEGEND CRISTBÓAL CONDE JOINS DUCO AS ADVISOR

LONDON, Oct 26 (Bernama-BUSINESS WIRE) -- Duco, the global provider of self-service data normalization and reconciliation services, today announced that Cristóbal Conde has joined as an advisor to the CEO and board of directors.

Christian Nentwich, CEO of Duco, said: “I am very pleased that Cris has chosen to work with us. We have invested a lot of time in finding the right person to complement our board and senior management. Cris’s experience in helping technology firms scale, and his drive for innovation in the world of data, machine learning, analytics and risk, make him a great fit for Duco as we continue with our expansion strategy. His insight, inspiration and ability to execute are all critical as we build the next generation of data platforms.”

Conde had a 24-year career at SunGard, culminating in him running the firm as CEO, building it into a Fortune 500 company and making it the largest privately-held software and services company in the world. He is currently an advisor and non-executive director at several technology firms challenging the status quo, including OpenGamma, Digital Asset, Callsign and Digital Reasoning.

“I have been involved in reconciliation for much of my career and Duco is the first credible self-service solution I have ever seen,” said Conde, commenting on his appointment. “I believe this approach will be extremely disruptive in a field that has not seen much innovation. Data and analytics are cornerstone-enabling functions where new, agile technology is rapidly changing businesses. Duco offers a unique combination of passionate clients, leading products, talented people and a commitment to innovation. The company has already distinguished itself in challenging environments in some of the world’s largest financial institutions. It now has the potential to grow into a world-renowned enterprise SaaS business.” 

COLLIERS INTERNATIONAL BOLSTERS LEADERSHIP TEAM

LOS ANGELES, Oct 27 (Bernama-GLOBE NEWSWIRE) -- Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI) and (TSX:CIGI) today announced that Gil Borok has joined the company as Chief Operating Officer | USA. Borok, a seasoned commercial real estate services executive, will be responsible for managing the operations and finances of Colliers’ rapidly growing U.S. business.
 
“Colliers has grown significantly in both size and scale over the past few years while maintaining a relentless focus on serving clients and professionals at the highest levels,” said Marty Pupil, President | U.S. Brokerage. “Attracting a high caliber operations and finance executive like Gil is further evidence of our commitment to growth and operational effectiveness as we continue to strengthen our operations in the most important market in the world.”

http://mrem.bernama.com/viewsm.php?idm=30416

Thursday 26 October 2017

FUSIONEX WINS GIANT 2017 CONTRACT WITH LEADING ASIAN BANK

SINGAPORE, Oct 26 (Bernama-BUSINESS WIRE) -- Fusionex, a multi award-winning, leading software solutions provider specializing in Big Data Analytics (BDA), the Internet of Things (IoT), Artificial Intelligence, and Deep Learning, has won a multi-year contract with a leading Asian bank to deploy GIANT 2017, providing crucial business intelligence and insights for key decision makers to make informed judgements and decisions.

The significant contract will see GIANT 2017 being rolled out to help grow and bolster the client’s vision of becoming a one-stop financing and business development centre, helping the client’s customers meet their financing needs and supporting their growth via business advisory services.

http://mrem.bernama.com/viewsm.php?idm=30405

GMO INTERNET'S BITCOIN MINING BUSINESS LAUNCHES TOKEN SALE (ICO) FOR THE SALES OF NEXT-GENERATION MINING BOARDS

TOKYO, Oct 25 (Bernama-GLOBE NEWSWIRE) -- GMO Internet’s (https://ir.gmo.jp/en/) Bitcoin mining business will launch a token sale (ICO) in 2018, the purpose of which is to sell next-generation mining boards. We will issue tokens as a method to buy next-generation mining boards.

GMO Internet’s Bitcoin mining business

Cryptocurrency (Bitcoin) mining business requires computers enabling highly sophisticated and intensive computation and also requires securing stable power supply to operate and cool the computers. Accordingly, GMO Internet is currently preparing to provide the following with an aim to enter the Bitcoin mining business.
  1. We will use cutting-edge 7 nm process technology for chips to be used in the mining process, and are currently working on its research and development with our alliance partner having semiconductor design technology to realize high performance computer for mining. It will be possible to reduce power consumption compared to the existing mining machines with the same performance, and achieve a computational performance of 10TH/s per chip.
  2. In terms of power supply, we will operate a next-generation mining center utilizing plentiful renewable energy in Northern Europe, and secure clean and inexpensive power supply, which will allow us to control the costs of operating facilities. After preparing the facilities, we will launch the mining based on ready-made mining computers by December 31, 2017, which will lead to the full-scale entry into the Bitcoin mining business.
After the launch of the Bitcoin mining business, we will also sell our own next-generation mining boards.

Launching token sale for the sales of next-generation mining boards

GMO Internet’s Bitcoin mining business will launch a token sale (ICO) in 2018, planning the sales of next-generation mining boards.

We will consider properly the laws and regulations that are applicable to us under the current legislation including Payment Services Act and the Financial Instrument and Exchange Act, and will be conscious of the protection of token purchasers and stakeholders’ profits when designing the token sale.

Press Inquiries
GMO Internet Group
Group Public / Investor Relations
TEL: +81-3-5456-2695
Email: pr@gmo.jp

Source : GMO Internet, Inc.

--BERNAMA

FAVORABLE POLICIES, QUALITY SERVICES BOOST INVESTMENT TO CENTRAL CHINESE CITY

JINGMEN, China, Oct. 26, 2017 /Xinhua-AsiaNet/--
 
To solicit investment and promote industrial upgrading, the government of Jingmen City in central China's Hubei Province has introduced a series of supportive policies and services in the city's economic development, and gained some achievements.
 
From January to August, the city landed 500 projects of over 100 million yuan, with a total investment volume exceeding 200 billion yuan. The number of large scale enterprises has also arrived at 1,188. Its growth rate of fixed-asset investment and market entities topped Hubei in 2016 and the first half of 2017.
  
Due to underdeveloped transportation and lack of resources, the city's development had relied heavily on chemicals and agriculture. Over the past two years, the city government has made concrete efforts to streamline procedures for companies doing business in Jingmen, and provided favorable supports.

http://mrem.bernama.com/viewsm.php?idm=30400

MYTOYS DELIVERS ORACLE E-BUSINESS SUITE PROJECTS FASTER USING DELPHIX DYNAMIC DATA PLATFORM

Top European family shopping retailer selects Delphix to reduce time-to-market, improve software quality, offer faster disaster recovery, accelerate financial close and reduce costs

FRANKFURT, Germany and REDWOOD CITY, Calif., Oct 26 (Bernama-GLOBE NEWSWIRE) -- Delphix, the company that has changed the dynamics of managing and consuming data, today announced top online retailer myToys has selected the Delphix Dynamic Data Platform to support their Oracle E-Business Suite (EBS) projects and drive continuous innovation.

myToys uses Oracle EBS to run everything from purchasing, finance and accounting to order/ inventory management, customer service and logistics. By adopting the Delphix Dynamic Data Platform, myToys expects to use secure, up-to-date data to improve application development and testing processes, reduce time-to-market and improve quality.

http://mrem.bernama.com/viewsm.php?idm=30401

SKYBOX SECURITY RAISES $150 MILLION LED BY CVC CAPITAL PARTNERS' GROWTH FUND WITH PARTICIPATION FROM PANTHEON

SAN JOSE, Calif., Oct 25 (Bernama-GLOBE NEWSWIRE) -- Skybox™ Security, a global leader in cybersecurity management, announced today the company signed a definitive agreement to receive a $150 million growth equity investment led by CVC Capital Partners’ Growth Fund (CVC Growth) for $100 million, with participation from Pantheon for $50 million. CVC Capital Partners is a leading private equity and investment advisory firm, and Pantheon is a prominent global investor in private equity, infrastructure and real assets.

Based in Silicon Valley, Skybox has a compound annual growth rate (CAGR) of 46 percent and positive cash flow (2014 ­– 2016). This round of funding will enable an accelerated investment in sales and marketing, customer care and R&D. It will also be used for potential M&A activity, to capitalize on the approximately $10 billion market opportunity in cybersecurity management.

http://mrem.bernama.com/viewsm.php?idm=30390

​GLOBAL INFRASTRUCTURE PARTNERS III ANNOUNCES AGREEMENT TO ACQUIRE 100% OF EQUIS ENERGY ALONGSIDE PSP INVESTMENTS AND CIC CAPITAL

New York, Oct 25 (Bernama-GLOBE NEWSWIRE) -- Global Infrastructure Partners (“GIP”), a leading independent global infrastructure investor, announced today that its fund, Global Infrastructure Partners III -- in conjunction with the Public Sector Pension Investment Board (“PSP Investments”), one of Canada’s largest pension investment managers, CIC Capital Corporation (“CIC Capital”) and a group of its other Limited Partner Co-Investors -- has agreed to acquire 100 percent of the equity interests in the wind and solar renewable energy portfolio of Equis Funds Group (“Equis Energy”) for USD3.7 billion.

Equis Energy is one of the largest renewable energy independent power producers in the Asia-Pacific region (“APAC”). Equis Energy is headquartered in Singapore and operates in several of the largest and fastest-growing renewable markets in APAC, including Japan, Australia, Indonesia, the Philippines, India and Thailand. Equis Energy invests in countries with favourable regulatory regimes and supportive power market dynamics.  As of today, Equis Energy has developed a portfolio of 1.9 GW of operational, construction and shovel-ready solar PV and onshore wind assets.  In addition, Equis Energy owns a promising long-term development pipeline comprised of over 115 projects representing 9.1 GW.

Equis Energy places a strong emphasis on building strong management capabilities in each country.  It employs over 300 dedicated professionals with industry-leading sector expertise. Its management capabilities span the entire renewable project value chain: origination, permitting, design, procurement, construction, financing and operations. Since its inception in 2012, Equis Energy has organically developed and built 100 percent of its portfolio. The company is focused on retaining full control of its projects, which has resulted in superior speed of execution and an enhanced success rate for its development projects. This operating strategy has driven the strong growth of the platform. The operating assets generate stable earnings, which are underpinned by fixed, long-term offtake agreements.

The Equis Energy Transaction is subject to customary regulatory closing conditions, and is expected to close in the first quarter of 2018.

Adebayo Ogunlesi, Chairman and Managing Partner of GIP said: “We are excited by the new investment in Equis Energy which is a strong fit with GIP’s global renewable investment strategy. Equis Energy is a unique success story in the APAC region as it has systematically executed its growth strategy since its founding five years ago. In that period, Equis Energy has become one of the leading renewable energy platforms in the region, with a best-in-class business model, a high-quality asset portfolio and an outstanding management team. We look forward to continuing the Equis Energy success story in the years to come and to supporting new growth opportunities in one of the most promising renewable energy markets in the world.”
 
About Global Infrastructure Partners

GIP is an independent infrastructure fund manager that combines deep industry expertise with industrial best practice operational management. GIP’s current equity fund, Global Infrastructure Partners III, makes equity investments in high quality infrastructure assets in the energy, transport and water/waste sectors where GIP possesses deep experience and strong relationships.

For more information, visit www.global-infra.com 

About PSP Investments

PSP Investments is one of Canada's largest pension investment managers with C$135.6 billion of net assets under management as at March 31, 2017. It manages a diversified global portfolio composed of investments in public financial markets, private equity, real estate, infrastructure, natural resources and private debt.

PSP Investments is committed to renewable energy, with six direct investments and net owned capacity of approximately 3 GW. Its investment strategy in the renewables space complements its diversified global portfolio, adding the potential for increased returns with decreased risk, and a lower carbon footprint.

For more information, visit www.investpsp.com

About CIC Capital

CIC Capital, a wholly-owned direct subsidiary of China Investment Corporation (“CIC”), was incorporated in January 2015 with a mandate to specialise in making direct investments to refine CIC’s overall portfolio management and enhance investment on long-term assets. As CIC’s direct investment arm, CIC Capital is mandated to make direct investments and manage bilateral and multilateral fund investment in order to pursue long-term returns and promote international investment cooperation. CIC Capital is a market-oriented commercial entity with a specialised mandate and global reach.

For more information, visit www.china-inv.cn

Jack Cowell
Global Infrastructure Partners
212 315 8133
Jack.Cowell@global-infra.com

Source : Global Infrastructure Partners

--BERNAMA

UNISYS WINS PAYLOAD ASIA CUSTOMER CHOICE AWARD FOR IT SERVICE PROVIDER OF THE YEAR FOR EXCELLENCE IN AIR CARGO

SINGAPORE, Oct 26 (Bernama-AsiaNet) --

Innovative cargo solution Digistics receives customer choice title after winning popular online vote for ability to support digital transformation across supply chain


Unisys Corporation (http://www.unisys.com/) (NYSE: UIS) today announced that it has won the Customer Choice Award for IT Service Provider of the Year at the Payload Asia Awards (http://awards.payloadasia.com/) , honouring innovation and excellence in the air cargo supply chain. Unisys was recognised for Digistics(TM) (http://www.unisys.com/digistics), a holistic and integrated digital logistics solution that enables air cargo carriers to streamline their freight management and improve operational efficiencies.

The awards, hosted by leading industry publisher Payload Asia (http://www.payloadasia.com/), were presented in Singapore on 12 October 2017. Determined by popular online voting, the awards spotlight air cargo supply chain companies that have excelled despite a challenging global air freight market - demonstrating agility, innovation and superior strategic planning - and having a beneficial impact on market trends.
http://mrem.bernama.com/viewsm.php?idm=30398

Wednesday 25 October 2017

THAILAND'S LARGEST MOBILE OPERATOR AIS AND BROADSOFT COLLABORATE TO BRING UNIFIED COMMUNICATIONS TO ENTERPRISE CUSTOMERS

AIS Business Cloud UC Service Powered by BroadSoft, BroadSoft Business UC-One® Application Drives Team Collaboration for AIS Business Customers

PHOENIX, Oct 24 (Bernama-GLOBE NEWSWIRE) --
 BroadSoft, Inc. (NASDAQ:BSFT), a global market share leader in cloud business software for unified communication as a service (UCaaS), and provider of collaboration and contact center as a service (CCaaS), announced the commercial launch of AIS Business Cloud UC, a cloud PBX and unified communications (UC) service based on the BroadSoft Business UC-One® application. The AIS Business Cloud service will offer Thai business users leading edge cloud services, including a full suite of secure UC services including voice and video conferencing, instant messaging and presence (IM&P), and team collaboration tools.

AIS is Thailand’s largest mobile operator, with over 40 million subscribers nationally.  The company also has a significant and growing presence in the Thai broadband and corporate voice and data communications market, and is driving innovative cloud based service adoption aggressively among its corporate clients.

“As Thailand’s leading communications company, with our entry into the unified communications market for our corporate clients, it was essential that we brought a world leading solution to meet our customer’s cloud communication requirements.  We believe that working with BroadSoft has allowed us to provide the most comprehensive and compelling solution set for our clients as they transform their businesses away from legacy systems and take advantage of the speed, security, flexibility and powerful collaboration tools offered by a world class UC platform,” said Weerachai Patcharopartwong, Senior Vice President-Enterprise Marketing & Sales, AIS. 

MYNETFONE & SYMBIO NETWORKS TO DEPLOY CLOUD UNIFIED COMMUNICATIONS SERVICES (UCAAS) WITH BROADSOFT BUSINESS

MyNetFone Service to Target Enterprise and Government Clients with Next Generation Cloud Unified Communications and PBX Services in Australia and New Zealand 

MELBOURNE, Australia and GAITHERSBURG, Md., Oct 24 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT), a global market share leader in cloud business software for unified communication as a service (UCaaS), and a leading provider of collaboration and contact center as a service (CCaaS), today announced an agreement with Symbio Networks to provision BroadSoft Business UCaaS services in Australia and New Zealand. Symbio Networks’ retail sister company, MyNetFone, will market a full suite of voice and team collaboration services based on the BroadSoft Business UC-One application to enterprise and government customers commencing in the first calendar quarter of 2018. 

Symbio Networks operates Australia’s smart voice network with a focus on delivering future-proof communication solutions. The company has a record of innovation in voice communications with a number of industry awards, including ACOMMs, iAwards and Edisons. Retail arm MyNetFone is an industry disruptor facilitating the migration of voice services to the cloud for enterprises, SMEs and consumers.

Jonathan Reid, Managing Director, Asia Pacific and Emerging Markets, BroadSoft, said, “There is a clear global trend where large enterprises and government agencies are shifting from premise systems to cloud Unified Communications services.  We look forward to working closely with the Symbio and MyNetFone team and believe they will help accelerate this trend with customers in Australia and New Zealand." 

TATA STARBUCKS REAFFIRMS GROWTH IN INDIA WITH ENTRY INTO KOLKATA IN 2018 AND COMMITMENT TO SOCIAL IMPACT PROGRAMS

  • Celebrates 100th store milestone and 5-year anniversary with plans to open three stores in Kolkata in early 2018
  • Aims to increase diversity and hire 40% women by 2022 as it underscores its commitment to be the employer of choice through progressive workplace programs
  • Deepens positive impact in the community with Tata STRIVE partnership supporting youth facing barriers to employment
  • Launches special promotion and products commemorating milestone
MUMBAI, India, Oct 25 (Bernama-BUSINESS WIRE) -- Tata Starbucks Private Limited, the 50/50 joint venture between Starbucks Coffee Company (Nasdaq: SBUX) and Tata Global Beverages Limited, today celebrated the opening of its 100th store located in Mumbai and its five-year anniversary in India with a series of strategic initiatives that reaffirm its long-term commitment to the market.

“As we continue on our journey with Tata, a company that shares the same values and vision for growth, we remain committed to earning the trust and respect of our Indian customers through the unparalleled Starbucks Experience,” said John Culver, group president, Starbucks International and Channel Development. “At the core of this experience are our Indian partners, who proudly represent the more than 330,000 Starbucks partners around the world, and through their dedication and passion have created a strong foundation for Starbucks as we expand to new cities across India in the years to come.”

As Tata Starbucks grows to serve more customers across the country, the company will open three stores in the historic city of Kolkata in early 2018, including a store at the iconic Park Mansion designed to reflect Starbucks coffee heritage. Starbucks stores will deliver signature handcrafted beverages, extensive food offerings and the distinct “Third Place” in the city.

Pathways to Opportunities

As Tata Starbucks continues to grow, so does its commitment to be a positive force in contributing to the future success of Indians. The company expects to double the number of partners (employees) it employs to 3,000 over the next five years and, underscoring its commitment to be a progressive workplace, aims to boost the proportion of women in its workforce to 40 percent by 2022, up from 25 percent today. These build on existing initiatives to fulfill Tata Starbucks aspiration to be the employer of choice, with industry-leading benefits such as the five-day work schedule, a first-of-its-kind program introduced in 2016.

“Our success is defined by our incredible partners who take pride in serving our customers with care and passion,” said Sumi Ghosh, chief executive officer, Tata Starbucks. “Our aspiration, as we continue to grow, is to be the employer of choice in the market through the investments we make for our partners and by creating brighter opportunities for people across the country.”

The company will also continue to deepen its connections with the Indian community and leverage its scale to make a difference to local causes that matter most. Over the next five years, Tata Starbucks will train 3,000 young people who are facing barriers to employment through the Tata STRIVE program, the partnership which combines job skills training and Starbucks expertise in retail operations.

“Our journey with Starbucks has been gratifying and this is a remarkable moment for Tata Global Beverages and Starbucks,” said Ajoy Misra, chief executive officer and managing director, Tata Global Beverages. “We are proud of our shared sense of business values and focus on quality, and we are extremely optimistic about the continued growth opportunities in India.”

Celebrating 100th Starbucks Store in India

Located at Victoria Mills (Kamala Mills), one of Mumbai’s major commercial hubs, Tata Starbucks 100th store features a carved wood wall art that honors India’s coffee heritage. The store’s earthy colors and natural wood materials evoke a warm atmosphere that invites customers to relax and connect. The store is the first Starbucks in India to serve Starbucks® Nitro Cold Brew, a small-batch Cold Brew coffee steeped overnight and then infused with nitrogen for a naturally sweet flavor and velvety smooth mouthfeel. Takeaway bags at the 100th store are sourced from Srishti, an initiative that enables livelihood opportunities for young people with disabilities from the families of plantation workers.

To commemorate the opening of its 100th store, Tata Starbucks is introducing India’s first You Are Here – Mumbai – ceramic mugs. Inspired by distinct local landmarks such as the Gateway of India, Marine Drive, the Worli Sea Link, Flora Fountain, Taj Mahal Palace and featuring the iconic black and yellow Mumbai taxi, the design captures the spirit of the cosmopolitan metropolis.

In celebration of the 100th store opening and five-year market anniversary, Tata Starbucks is also introducing the Golden Sparkle Frappuccino® Blended Beverage at all stores in India from 25 October to 6 November. The Golden Sparkle Frappuccino® is espresso blended with rich mocha sauce, topped with whipped cream and sprinkled with an elegant gold-sugar dusting. In honor of the milestone, on 28 October any Short or Tall-size beverage will be available for INR 100 ($1.50 USD) at all stores across India.

Starbucks entered India with the opening of its first store at Horniman Circle in Mumbai in 2012. Today, Starbucks stores are located across six cities: Mumbai, Pune, Hyderabad, Chennai, Delhi and Bangalore.

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience please visit us in our stores, online at Starbucks.com and through the Starbucks Newsroom.

About Tata Starbucks Private Limited

Starbucks entered the Indian market in October 2012 through a 50/50 Joint Venture with Tata Global Beverages and currently operates 100 stores in India across Mumbai, Delhi NCR, Hyderabad, Chennai, Bengaluru and Pune, through a network of over 1,600 passionate partners (employees). Starbucks stores are operated by the joint venture, TATA Starbucks Private Limited, and branded as Starbucks Coffee – “A Tata Alliance.”

About Tata Global Beverages

Tata Global Beverages is a global beverage business with a brand presence in over 40 countries. The Company has significant interests in tea, coffee and water and is the world’s second largest tea company. Over 300 million servings of its brands are consumed every day around the world. Tata Global Beverages’ annual turnover is US$1.2bn and it employs around 3,000 people across the world. The Company focuses on natural beverages and has a stable of innovative regional and global beverage brands, including: Tata Tea, Tetley, Himalayan natural mineral water, Tata Gluco+, Good Earth tea, Grand Coffee and Eight O’clock Coffee. For more information please visit www.tataglobalbeverages.com.
 
Contacts
Starbucks Coffee Company
Marianne Duong, +1-206-318-7100
press@starbucks.com
 
Source: Starbucks Coffee Company
 
View this news release and multimedia online at:

Tuesday 24 October 2017

FOLLOWING FOUR YEARS OF FMCG SLOWDOWN AND EXPLOSIVE DIGITAL GROWTH IN CHINA, SHOPPER ATTITUDE AND LOYALTY TOWARDS BRANDS IS MOSTLY UNCHANGED

Bain & Company and Kantar Worldpanel’s 14th China Shopper Report also finds that the ‘two-speed’ trend continues in first half of 2017

BEIJING, Oct 24 (Bernama-GLOBE NEWSWIRE) -- Following four years of significant growth in China, e-commerce continues to steadily gain acceptance among consumers, bringing about some clear and noticeable changes to shopping and consumption habits.  However, according to volume two of Bain & Company and Kantar Worldpanel’s 2017 China shopper report, Keeping up with China’s Shoppers at Two Speeds, the rising digital activity has had little impact on certain key elements of consumer behavior, such as brand loyalty.

http://mrem.bernama.com/viewsm.php?idm=30377

B CAPITAL GROUP MAKES KEY ADDITIONS TO CORE EXECUTIVE TEAM

MANHATTAN BEACH, Calif., Oct 24 (Bernama-BUSINESS WIRE) -- B Capital Group, a global venture capital firm that invests in pioneering healthcare, fintech, industrial logistics, and consumer enablement companies that are scaling worldwide, today announced key appointments to its core executive team, including Howard Morgan as Chairman and Joe Davis as Vice Chairman.

These appointments by B Capital Group will enable the firm to enhance its global-first mentality, blaze a new trail to identify transformative companies, and build enduring businesses that will bridge the gap between startups and corporations, further accelerating their path to scale and success.

http://mrem.bernama.com/viewsm.php?idm=30369

XEHAR FASHION APP DITCHES THE SHOPPING CART AND PICKS UP SPEED

New fast fashion app will shorten the checkout time by removing the shopping cart altogether.

PLAYA VISTA, Calif., Oct 24 (Bernama-GLOBE NEWSWIRE) -- Fashion tech company Xehar, today announces they will be removing the shopping cart from their Xehar shopping app. For millennial women shoppers who are interested in fashion but are frustrated with the online shopping experience, the Xehar app is their solution.

“Xehar has found a way to increase conversion for app purchases by simply removing the function of the shopping cart,” says Hadari Oshri, founder and CEO of Xehar. “Within the app, users select complete outfits and purchase with ease. By removing the shopping cart we are reducing friction and speeding up the checkout process.”

http://mrem.bernama.com/viewsm.php?idm=30366

NETS, SINGAPORE'S LEADING PAYMENTS SOLUTIONS PROVIDER, SELECTS INTERTRUST WHITECRYPTION FOR MOBILE PAYMENT APP SHIELDING

whiteCryption will Showcase its Application Shielding Technologies at Money 20/20 in Las Vegas, October 22-25 (Booth #554)
 

LAS VEGAS, Oct 24 (Bernama-BUSINESS WIRE) -- Money 20/20 - Intertrust Technologies Corporation announced today that NETS, a leading payment solutions provider based in Singapore, has selected Intertrust’s award-winning whiteCryption® Application Shielding technology to protect its mobile payment applications.
 
NETS is a leading payments company in Singapore and operates Singapore’s national PIN debit scheme as well as the largest acceptance infrastructure in the country located at major retailers, food courts, hawker centres, convenience stores, and supermarkets.

http://mrem.bernama.com/viewsm.php?idm=30367

Monday 23 October 2017

BROADSOFT HOSPITALITY ENHANCED WITH MOBILE UC-ONE WORKSTREAM COLLABORATION CAPABILITIES TO AMPLIFY PRODUCTIVITY AND GUEST EXPERIENCES

New BroadSoft Hospitality features integrated into UC-One Connect allow hotels to access, respond to and act on guest requests in real-time, no matter where they are on the property
 

PHOENIX, Oct 23 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT), a global market share leader in cloud business software for unified communication as a service (UCaaS), and provider of collaboration and contact center as a service (CCaaS), today announced new UC-One mobile features for the BroadSoft Hospitality solution. The new features provide hotels with the ability to control the guest experience at any time from the UC-One mobile client.
 
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/1fcfab75-3ddf-4c39-93f1-7c3e74458115
 
This new offering is a continuation of ongoing efforts by BroadSoft to help hotels deliver a greater level of experience to their guests. The mobile integration allows front desk hotel staff to move throughout the property while still being able to access, respond to and act on guest requests in real-time. Not only can hotel employees now provide an improved level of guest satisfaction and responsiveness, hoteliers can reduce costs by eliminating outdated devices they’ve traditionally been required to move around the property, such as two-way radios and walkie-talkies. The UC-One mobile client provides employees all of this access via smartphones, and integrates communications and collaboration into everyday business processes and workstreams. 

http://mrem.bernama.com/viewsm.php?idm=30361

POWERED BY BROADSOFT CHANNEL PROGRAM INTRODUCES NEW DIGITAL CUSTOMER LIFECYCLE PLATFORM AND SERVICES TO ENHANCE REVENUE GROWTH

Powered by BroadSoft now includes more than 100 global channel partners to realize the full potential of the cloud unified communication and collaboration market opportunity


PHOENIX, Oct 23 (Bernama-GLOBE NEWSWIRE) --
 BroadSoft, Inc. (NASDAQ:BSFT) a global market share leader in cloud business software for unified communication as a service (UCaaS), and provider of collaboration and contact center as a service (CCaaS) today announced the addition of new digital customer lifecycle management tools including the BroadCloud® Channel Support System (CSS) and three new services: BroadSoft go-to-market services, BroadSoft onboarding services and BroadSoft adoption services.
 
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b86c0264-fb6d-44fd-a7ae-38bba426e281
 
Powered by BroadSoft, which launched at BroadSoft Connections last year, currently supports 116 channel partners across the globe, validating industry demand for a complete end-to-end digital journey, including best-practice support to maximize selling, onboarding and adoption activities.

http://mrem.bernama.com/viewsm.php?idm=30363

QUALITY INFRASTRUCTURE DEVELOPMENT CONTRIBUTES TO MYANMAR'S SUSTAINABLE ECONOMIC GROWTH

YANGON, Myanmar and TOKYO, Oct. 23, 2017 /Kyodo JBN-AsiaNet/ --

High-quality infrastructure will play an essential role in realizing economic growth and unlocking Myanmar's true potential. The important role of quality infrastructure development and Japan's indispensable role in Myanmar's sustainable development were the main theme of discussion at the "Dialogue for Quality Infrastructure -- Building Asia's Future," hosted by the Government of Japan.

http://mrem.bernama.com/viewsm.php?idm=30355



BROADSOFT ANNOUNCES NEW INTEGRATED AND INTELLIGENT CLOUD COMMUNICATION AND COLLABORATION EXPERIENCES

Upgrades deliver on the BroadSoft Business cloud unified communication vision to deliver intuitive, consistent client experiences across the entire suite and reinvent workflow efficiencies

PHOENIX, Oct 23 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT) a global market share leader in cloud business software for unified communication as a service (UCaaS), and provider of collaboration and contact center as a service (CCaaS), today unveiled several enhancements to its BroadSoft Business portfolio at its annual user conference, BroadSoft Connections. Now leveraging a microservices architecture, BroadSoft Business offers updated app experiences and next-generation capabilities across the BroadSoft Business applications, UC-One, Team-One and CC-One.

http://mrem.bernama.com/viewsm.php?idm=30362

TERIDION'S INTERNET FAST LANES FURTHER ACCELERATE SPEED FOR MERRILL CORPORATION'S DATASITE PLATFORM

- Supports Merrill’s M&A Transactions Business in China -

SAN FRANCISCO, Oct 23 (Bernama-BUSINESS WIRE) -- Mergers and acquisitions due diligence in China can be managed much faster, and reinforced, with ironclad security for Merrill Corporation’s DataSite platform using Teridion’s KumoXSM, an innovative service that creates fast lanes over the Internet to improve the user experience. Teridion, a cloud-based networking company, is now supporting and enhancing Merrill’s industry-leading virtual deal room for its M&A transactions business in China.

http://mrem.bernama.com/viewsm.php?idm=30354

BROADSOFT BUSINESS CLOUD PBX, TEAM COLLABORATION AND CONTACT CENTER APPS NOW AVAILABLE FOR MULTINATIONAL ENTERPRISES

New, localized data centers offer multinational enterprise customers secure, multi-language calling and collaboration between global offices via a single, borderless BroadCloud platform


PHOENIX, Oct 23 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT) a global market share leader in cloud business software for unified communication as a service (UCaaS), and provider of collaboration and contact center as a service (CCaaS), today announced its BroadSoft Business cloud communication suite is available worldwide via several new BroadCloud® data centers throughout EMEA and APAC. This expansion allows multinational enterprises to rely on a single provider across their international locations to collaborate with peers and customers around the globe, while meeting full regulatory and security compliance across different countries.

A recent McKinsey Global Institute 2016 report noted that cross-border bandwidth is projected to increase nine times over the next five years due to increasing flows of information, searches, communication, video, transactions and intracompany traffic. To support this cross-border communication and foster continued company growth into new markets, enterprises require a solution that allows employees to collaborate easily and securely from one business identity from anywhere around the world, on any device.

The new international footprint will expand the reach of the more than 600 service providers, system integrators and resellers channel partners in more than 80 countries who provide the BroadSoft Business application suite to their multinational enterprise customers operating in the cloud:
BroadSoft, which works with the leading carriers and has maintained a long-standing international presence, is ideally suited to open global borders, having built its businesses on helping customers understand how to navigate complex international regulatory and compliance issues. BroadSoft service providers and channel partners are suited to meet the needs of large enterprises with both regional and global sales support.

“Our expanded BroadSoft Business cloud UC suite is ideal for multinational enterprise customers, who need a secure global cloud network for communication, collaboration and contact centers” said Dino Di Palma, chief revenue officer,  BroadSoft. “Modern enterprises need a unified solution that helps them execute everywhere they have presence. We’re thrilled to be part of helping enterprises get the most out of their workforce, regardless of location.”

BroadSoft Business is a fully integrated portfolio of enterprise-ready cloud PBX, unified communications, team collaboration and contact center applications, delivered in the cloud providing contextual intelligence across the entire platform so users can access the information and apps they need in one place.

For more information about how BroadSoft Business BroadCloud can seamlessly connect your enterprise to the latest carrier-grade features and functionalities over its secure, reliable and scalable platform, contact enterprise@broadsoft.com

To read more about BroadSoft multinational enterprise support, click here.

About BroadSoft
BroadSoft is the technology innovator in cloud pbx, unified communications, team collaboration, and contact center solutions for businesses and service providers across 80 countries. We are a market leader for cloud unified communications with an open, mobile and secure platform trusted by 25 of the world’s top 30 service providers by revenue. Our BroadSoft Business application suite empowers users and teams to share ideas and work simply to achieve breakthrough performance. For additional information, visit www.BroadSoft.com.

Twitter | LinkedIn | BroadSoft Blog

Investor Relations:

Chris Martin
BroadSoft
+1 561-404-2130
cmartin@broadsoft.com

Media Relations:

Matter for BroadSoft
Erin Knapp
Matter
+1 617-502-6546
BroadSoft@matternow.com

AxiCom (EMEA)
Tom Johnson
AxiCom
+44 7960 209361
BroadSoft@axicom.com

Navigate Communication (APAC)
Terry Alberstein
+61 (0) 458-484-921
terry@navigatecommunication.com.au

BroadSoft
Niaobh (Neve) Levestam
BroadSoft
+44 7919 605660
nlevestam@broadsoft.com


SOURCE : BroadSoft, Inc.

CAPPASITY STARTS ARTOKEN CROWDSALE AND ADDS CRYPTOCURRENCY EXPERT DAVID DRAKE TO ITS ADVISORY BOARD

SANTA CLARA, Calif., Oct 23 (Bernama-GLOBE NEWSWIRE) -- Cappasity, a company that develops a platform and an AR/VR blockchain ecosystem for 3D content production and mass distribution, is announcing the start of a crowdsale of ARToken (AR) on October 25, at 1 PM UTC. David Drake, Chairman at LDJ Capital, joins Cappasity’s advisory board to provide counsel on critical issues relating to the specifics of the ICO process, blockchain and investor relations.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/aaaee806-98e3-476f-90ce-eb06e91d7e43

Today, Cappasity is announcing the start of the crowdsale of ARToken – a new digital currency that will be used as the primary payment unit within the global decentralized AR/VR Ecosystem for 3D content exchange.

As a token sale is a very important step for the development of the company’s project, Cappasity has decided to consult the deep expertise of one of the leading specialists in blockchain, cryptocurrency and international business development - David Drake, Chairman at LDJ Capital. David has shown his strong interest in the project and joined Cappasity’s advisory board.

David Drake is the Chairman of LDJ Capital, a family office; Victoria Partners, LDJ Real Estate Group; Drake Hospitality Group; and, The Soho Loft Media Group. LDJ Capital's extended network of funds of funds and hedge funds manages 1.5 trillion USD in assets. Mr. Drake’s access to 100,000 investors is maintained through his media holding investment, The Soho Loft Media Group which has produced and sponsored over 1500+ global finance conferences since 2002. David is actively involved in the Crypto community as a speaker and has helped ICO firms he advised raise in excess of $100M in funding.

“AR/VR market is rapidly growing, with diverse content being the driving force behind the industry’s growth. I found the project by Cappasity having every chance to come off since Cappasity creates a convenient environment where high-quality 3D content will be produced in large amounts. I am really glad to share my expertise with Cappasity to help bring future changes into the industry,” said David Drake, Partner at LDJ Capital.

3D content is becoming a critical component in multiple verticals including gaming, entertainment, retail, art, education, and health. Cappasity will leverage the blockchain to become the global 3D/AR/VR content exchange ecosystem for the users, developers and businesses who will benefit from 3D image creation, embedding and trading,” noted Kosta Popov, Cappasity founder and CEO. “We are excited to bring innovative content creators the opportunity to participate in the AR/VR content revolution with the utility ARToken (ART) to power the whole ecosystem.

The ARToken crowdsale begins on the 25th of October and will last for 4 weeks. Cappasity platform, a beta-version of which was released in January 2017, plans to attract a total of $30m within Phase 1. The latter is divided into three tiers. Tier 1 allows participants to get up to a 20% bonus. Total investment in the company from VC funds and angel investors so far amounted to $1.8m.

MEDIA INQUIRIES
Jenny Herz
info@cappasity.com
Website - https://www.artoken.io
Twitter - https://twitter.com/cappasity
Facebook - https://www.facebook.com/cappasity
Telegram - https://t.me/artoken
Linkedin - https://www.linkedin.com/company/cappasity-inc-

SOURCE : Cappasity Inc.