KUALA LUMPUR, Feb 28 (Bernama) -- Lingokids, the top learning app for children, has introduced a new feature called Theater, in select markets, offering a safe, ad-free space within the app for educational and entertaining videos.
“Our goal is to offer families a dedicated space where children can enjoy enriching, educational content in a safe and engaging way.
“Theater is designed to complement our Playlearning approach, giving young learners access to a variety of carefully selected videos that entertain while reinforcing important skills,” said Lingokids Education & Child Development Lead, Rhona Anne Dick in a statement.
Previously known as Video Mode, this new Mode of Use “Theater” is now completely available for all users in Canada, Australia, Singapore, and Colombia, where families can access a curated library of videos designed to support early learning and development.
Lingokids Theater provides a safe and controlled environment with age-appropriate content created by educators. The feature includes animated stories, songs, and puppetry to introduce early learning concepts, as well as activity-based videos such as drawing, dance, and interactive storytelling, which encourage creativity and self-expression.
Additionally, the platform offers educational video series that help develop cognitive, social, and emotional skills.
Unlike traditional streaming platforms, Lingokids Theater ensures a 100 per cent ad-free experience, prioritising a safe and educational space that aligns with parents’ expectations for quality screen time.
Currently, Theater is available only in these select test markets within the Lingokids app, with future updates planned for expansion to other regions.
-- BERNAMA
Friday, 28 February 2025
Thursday, 27 February 2025
PACIFIC PRIME CXA WINS TOP IDP BROKING FIRM 2024 AWARD
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| (Photo: Business Wire) |
KUALA LUMPUR, Feb 27 (Bernama) -- Pacific Prime CXA has been honoured with the prestigious Top IDP Broking Firm 2024 award at the Chubb Lunar New Year 2025 celebration held recently at the Orchard Hotel, Singapore.
Pacific Prime Head (Property, Casualty & Financial Lines), Gautam Mahey thanked their partners and clients for their continued support, particularly acknowledging Chubb for their strong partnership.
“This award is a testament to the hard work that has gone into building our commercial lines department,” he said in a statement.
This recognition underscores Pacific Prime's unwavering commitment to excellence within the independent distribution partner segment and affirms its position as a leading provider of comprehensive insurance solutions across a wide array of sectors, including Property, Casualty, and Financial Lines.
The award was presented by Chubb Division Head of Property & Casualty and Head of Independent Distribution Partners, Eric Kwan.
The event brought together industry leaders to celebrate achievements and foster connections within the insurance community.
Established in 2000, Pacific Prime is an award-winning international insurance brokerage that offers individual and corporate insurance solutions
-- BERNAMA
LYONDELLBASELL, SIPCHEM SECURE FEEDSTOCK ALLOCATION FOR JOINT SAUDI PROJECT
KUALA LUMPUR, Feb 27 (Bernama) -- LyondellBasell (LYB), in collaboration with Sipchem, has secured a feedstock allocation from Saudi Arabia’s Ministry of Energy to support a joint feasibility study for a world-scale mixed-feed cracker complex combined with a diversified derivative portfolio.
LyondellBasell chief executive officer (CEO), Peter Vanacker emphasised the critical role of the feedstock allocation in advancing the collaboration and reiterated the company’s long-term commitment to the Kingdom’s expanding economy and innovation opportunities.
Meanwhile, Sipchem CEO, Abdullah Al-Saadoon expressed the strategic importance of the partnership for sustainable growth, aiming to strengthen both companies' global and local positions in the petrochemical market, and also acknowledged the Ministry of Energy’s support in enabling these shared goals.
According to a statement, the study will evaluate the viability and optimal structure for the project, which will be pursued on a 60 per cent Sipchem and 40 per cent LYB ownership basis.
The allocation lays the foundation for both parties to define the technical, financial and commercial configuration for the project. The joint project aims to produce petrochemical products and derivatives for both local and global markets, potentially creating thousands of jobs in Saudi Arabia.
With advantageous feedstocks, world-scale facilities, and proximity to key markets, the project is poised to generate significant value. The project will benefit from LYB’s technologies to produce differentiated grades of polyethylene and polypropylene, including the Catalloy product line of elastomeric polyolefins.
Both companies will also explore carbon management solutions, including low-emission technologies, aligning with their commitment to the Kingdom's net-zero goals.
-- BERNAMA
LyondellBasell chief executive officer (CEO), Peter Vanacker emphasised the critical role of the feedstock allocation in advancing the collaboration and reiterated the company’s long-term commitment to the Kingdom’s expanding economy and innovation opportunities.
Meanwhile, Sipchem CEO, Abdullah Al-Saadoon expressed the strategic importance of the partnership for sustainable growth, aiming to strengthen both companies' global and local positions in the petrochemical market, and also acknowledged the Ministry of Energy’s support in enabling these shared goals.
According to a statement, the study will evaluate the viability and optimal structure for the project, which will be pursued on a 60 per cent Sipchem and 40 per cent LYB ownership basis.
The allocation lays the foundation for both parties to define the technical, financial and commercial configuration for the project. The joint project aims to produce petrochemical products and derivatives for both local and global markets, potentially creating thousands of jobs in Saudi Arabia.
With advantageous feedstocks, world-scale facilities, and proximity to key markets, the project is poised to generate significant value. The project will benefit from LYB’s technologies to produce differentiated grades of polyethylene and polypropylene, including the Catalloy product line of elastomeric polyolefins.
Both companies will also explore carbon management solutions, including low-emission technologies, aligning with their commitment to the Kingdom's net-zero goals.
-- BERNAMA
Wednesday, 26 February 2025
SYNCHRONOSS TO DISCUSS Q4, FULL YEAR 2024 FINANCIAL RESULTS ON CONFERENCE CALL
KUALA LUMPUR, Feb 26 (Bernama) -- Synchronoss Technologies Inc (Synchronoss) announced it will hold a conference call on March 11 to discuss its financial results for the fourth quarter (Q4) and full year ended Dec 31, 2024.
In a statement, Synchronoss said the financial results will be issued in a press release prior to the call.
During the call, Synchronoss management will host the presentation, followed by a question-and-answer session.
The conference call will be broadcast live via the Investor Relations section of Synchronoss’ website.
A global leader and innovator in personal cloud platforms, Synchronoss empowers service providers to establish secure and meaningful connections with their subscribers.
-- BERNAMA
In a statement, Synchronoss said the financial results will be issued in a press release prior to the call.
During the call, Synchronoss management will host the presentation, followed by a question-and-answer session.
The conference call will be broadcast live via the Investor Relations section of Synchronoss’ website.
A global leader and innovator in personal cloud platforms, Synchronoss empowers service providers to establish secure and meaningful connections with their subscribers.
-- BERNAMA
MAVENIR, AIRA TECHNOLOGIES PARTNER TO ENHANCE 5G SPECTRAL EFFICIENCY AND THROUGHPUT
KUALA LUMPUR, Feb 26 (Bernama) -- Mavenir and Aira Technologies, a pioneer in artificial intelligence (AI)-driven network automation, have successfully demonstrated a high-fidelity MIMO channel estimation and prediction solution.
This breakthrough integration leverages Mavenir’s Open RAN-based O-DU to boost network capacity, enabling up to 35 per cent more data transmission over the same spectrum based on Aira’s simulation data.
According to Mavenir in a statement, this yields faster speeds and a better 5G experience for more users simultaneously, potentially setting a new benchmark for Multi-User MIMO (MU-MIMO) performance.
Mavenir Senior Vice President and General Manager of RAN, Sachin Karkala emphasised that the collaboration shows how Open RAN accelerates innovation by integrating third-party solutions quickly, delivering enhanced performance in ongoing outdoor trials.
Meanwhile, Aira Technologies Chief Technology Officer and Co-Founder, RaviKiran Gopalan highlighted that this is an industry-first application of machine learning to wireless baseband processing.
“Together with Mavenir, we are demonstrating three pivotal advances: the power of the Open RAN ecosystem to accelerate innovation, the untapped potential of ML in next-generation wireless applications, and the transformative capability of AI to redefine the RAN,” he said.
By leveraging advanced proprietary machine learning algorithms, Aira's AI-based spectrum efficiency solution enhances spectral efficiency, boosts throughput, and significantly reduces mobile network operators’ total cost of ownership.
The solution seamlessly integrates with Mavenir’s commercial O-DU, utilising existing baseband processing hardware without requiring additional AI-specific hardware such as graphics processing units (GPUs) or accelerators, enabling operators to achieve enhanced performance with minimal operational complexity and cost.
The Open RAN framework from Mavenir enabled smooth integration of Aira's AI software, meeting the baseband processing timing demands. Aira’s Insight Engine leverages AI to deliver more accurate estimations of key metrics like signal-to-noise ratio (SNR), user mobility, and RF environment, which feed into the AI-powered channel prediction model. This results in better MU-MIMO efficiency and network throughput.
This groundbreaking technology will be showcased at Mobile World Congress 2025, where attendees can experience how Mavenir’s and Aira’s collaboration sets a new benchmark for 5G network efficiency and performance.
-- BERNAMA
This breakthrough integration leverages Mavenir’s Open RAN-based O-DU to boost network capacity, enabling up to 35 per cent more data transmission over the same spectrum based on Aira’s simulation data.
According to Mavenir in a statement, this yields faster speeds and a better 5G experience for more users simultaneously, potentially setting a new benchmark for Multi-User MIMO (MU-MIMO) performance.
Mavenir Senior Vice President and General Manager of RAN, Sachin Karkala emphasised that the collaboration shows how Open RAN accelerates innovation by integrating third-party solutions quickly, delivering enhanced performance in ongoing outdoor trials.
Meanwhile, Aira Technologies Chief Technology Officer and Co-Founder, RaviKiran Gopalan highlighted that this is an industry-first application of machine learning to wireless baseband processing.
“Together with Mavenir, we are demonstrating three pivotal advances: the power of the Open RAN ecosystem to accelerate innovation, the untapped potential of ML in next-generation wireless applications, and the transformative capability of AI to redefine the RAN,” he said.
By leveraging advanced proprietary machine learning algorithms, Aira's AI-based spectrum efficiency solution enhances spectral efficiency, boosts throughput, and significantly reduces mobile network operators’ total cost of ownership.
The solution seamlessly integrates with Mavenir’s commercial O-DU, utilising existing baseband processing hardware without requiring additional AI-specific hardware such as graphics processing units (GPUs) or accelerators, enabling operators to achieve enhanced performance with minimal operational complexity and cost.
The Open RAN framework from Mavenir enabled smooth integration of Aira's AI software, meeting the baseband processing timing demands. Aira’s Insight Engine leverages AI to deliver more accurate estimations of key metrics like signal-to-noise ratio (SNR), user mobility, and RF environment, which feed into the AI-powered channel prediction model. This results in better MU-MIMO efficiency and network throughput.
This groundbreaking technology will be showcased at Mobile World Congress 2025, where attendees can experience how Mavenir’s and Aira’s collaboration sets a new benchmark for 5G network efficiency and performance.
-- BERNAMA
Monday, 24 February 2025
EZVIZ WINS TWO ASIA DESIGN PRIZES FOR SMART HOME INNOVATIONS
KUALA LUMPUR, Feb 24 (Bernama) -- EZVIZ has won two Asia Design Prizes for its innovations aimed at enhancing smart home experience with robust functionality and optimal visual enjoyment for the second consecutive year.
The EZVIZ 90x Dual-Lens Camera Series was awarded as Gold Winner, while the DL05 Smart Fingerprint Lock was also recognised as Winner, according to a statement.
Both products are lauded for their usability and versatility in the modern living environment, elegantly balancing the complex need for home protection with a stylish, minimalist appearance.
“We are honoured that our design philosophy became recognised by the best people in the industry. Our first Gold Winner also reflects our relentless pursuit to build better products.
“We show the world that even complicated technologies can be integrated into a compact product to solve long-standing pain points without overwhelming users,” said its IoT Industrial Design Department Chief Designer, Ada Wang.
EZVIZ, a pioneer in smart home technology, competed against around 2,000 designs from 22 countries. The Asia Design Prize, a prestigious pan-Asian competition, rigorously evaluates product designs based on their creativity, usability, and innovative potential. This year, the panel carefully assessed each entry across multiple dimensions.
A flagship duo to exemplify next-generation “all-in-one” security cameras, the 90x Dual Series stands out with its dual lenses and three motors, offering expansive coverage with features like solar charging, 4G connectivity, artificial intelligence-powered detection, and advanced night vision for continuous outdoor surveillance.
Meanwhile, a star product from EZVIZ’s Smart Entry family, the DL05 is a modern lock that offers a sleek, simple design for secure, keyless access. It provides instant unlocking, is easy to control via an app, and fits most doors, emphasising security and convenience without unnecessary complexity.
-- BERNAMA
The EZVIZ 90x Dual-Lens Camera Series was awarded as Gold Winner, while the DL05 Smart Fingerprint Lock was also recognised as Winner, according to a statement.
Both products are lauded for their usability and versatility in the modern living environment, elegantly balancing the complex need for home protection with a stylish, minimalist appearance.
“We are honoured that our design philosophy became recognised by the best people in the industry. Our first Gold Winner also reflects our relentless pursuit to build better products.
“We show the world that even complicated technologies can be integrated into a compact product to solve long-standing pain points without overwhelming users,” said its IoT Industrial Design Department Chief Designer, Ada Wang.
EZVIZ, a pioneer in smart home technology, competed against around 2,000 designs from 22 countries. The Asia Design Prize, a prestigious pan-Asian competition, rigorously evaluates product designs based on their creativity, usability, and innovative potential. This year, the panel carefully assessed each entry across multiple dimensions.
A flagship duo to exemplify next-generation “all-in-one” security cameras, the 90x Dual Series stands out with its dual lenses and three motors, offering expansive coverage with features like solar charging, 4G connectivity, artificial intelligence-powered detection, and advanced night vision for continuous outdoor surveillance.
Meanwhile, a star product from EZVIZ’s Smart Entry family, the DL05 is a modern lock that offers a sleek, simple design for secure, keyless access. It provides instant unlocking, is easy to control via an app, and fits most doors, emphasising security and convenience without unnecessary complexity.
-- BERNAMA
Thursday, 20 February 2025
BITGET LAUNCHES EXCLUSIVE CAMPAIGN FOR FTX CREDITORS WITH UP TO $2,500 IN INCENTIVES
VICTORIA, Seychelles, Feb 20 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has announced an exclusive promotion for FTX creditors effective from February 17th to March 4th. Following the recent events surrounding FTX, Bitget recognizes the challenges faced by creditors and is committed to supporting the community. This special promotion is designed to offer attractive incentives, boost market sentiment, and reignite trust in the crypto space.
To join the campaign, users must first sign up for a Bitget account using the same email address as the one used on FTX. This step is crucial in order to confirm their identity as an FTX creditor. Once the identity verification is completed, users may submit their FTX creditor information and deposit funds to their Bitget account to receive up to $2,500. The net deposit amount is calculated based on all deposits and withdrawals made during the promotion. As long as users submit creditor information before the promotion ends, all net deposits made before approval will still be counted. About 80% of the incentives will be distributed as USDT futures trading bonuses, while the remaining 20% will be distributed in BGB.
Bitget prioritizes a secure trading environment, operating with competence, transparency, and a commitment to continuous compliance with evolving global cryptocurrency regulations.
Strong from its strategic initiatives and constant innovation, the platform now counts over 100 million users and has a daily trading volume exceeding $20 billion. Recently, Forbes listed Bitget as one of the top most trusted crypto exchanges worldwide. In 2024, Bitget expanded its user base by 400%, from 20M in January to 100M in December. Spot trading surged from $160B in Q1 to $600B in Q4; daily volumes doubled to $20B. The high-paced updates and top performance amongst CEXs has pushed Bitget amongst the top #3 exchanges in derivates trading while strengthening its positioning amongst the top #5 on Spot.
The firm provides over 100% asset protection, backed by transparent Proof of Reserves and the industry's second largest insurance fund of $600 million. Bitget has a strong foothold globally, which it plans to strengthen by providing world-class products and a trustworthy ecosystem.
More information about the event can be found here.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1443839c-9ab7-4aaa-8943-6acbdc9046c1
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
To join the campaign, users must first sign up for a Bitget account using the same email address as the one used on FTX. This step is crucial in order to confirm their identity as an FTX creditor. Once the identity verification is completed, users may submit their FTX creditor information and deposit funds to their Bitget account to receive up to $2,500. The net deposit amount is calculated based on all deposits and withdrawals made during the promotion. As long as users submit creditor information before the promotion ends, all net deposits made before approval will still be counted. About 80% of the incentives will be distributed as USDT futures trading bonuses, while the remaining 20% will be distributed in BGB.
Bitget prioritizes a secure trading environment, operating with competence, transparency, and a commitment to continuous compliance with evolving global cryptocurrency regulations.
Strong from its strategic initiatives and constant innovation, the platform now counts over 100 million users and has a daily trading volume exceeding $20 billion. Recently, Forbes listed Bitget as one of the top most trusted crypto exchanges worldwide. In 2024, Bitget expanded its user base by 400%, from 20M in January to 100M in December. Spot trading surged from $160B in Q1 to $600B in Q4; daily volumes doubled to $20B. The high-paced updates and top performance amongst CEXs has pushed Bitget amongst the top #3 exchanges in derivates trading while strengthening its positioning amongst the top #5 on Spot.
The firm provides over 100% asset protection, backed by transparent Proof of Reserves and the industry's second largest insurance fund of $600 million. Bitget has a strong foothold globally, which it plans to strengthen by providing world-class products and a trustworthy ecosystem.
More information about the event can be found here.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1443839c-9ab7-4aaa-8943-6acbdc9046c1
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Wednesday, 19 February 2025
CAVLI WIRELESS UNVEILS CELLULAR IOT MODULE FOR HIGH-PERFORMANCE APPLICATIONS
KUALA LUMPUR, Feb 19 (Bernama) -- Cavli Wireless, an innovator in Internet of Things (IoT) solutions, has unveiled its flagship 5G NR Sub-6 CQM200 Cellular IoT Module, designed to meet the demanding requirements of high-throughput connected applications.
With this launch, Cavli in a statement said it continues to solidify its position as a trusted partner for original equipment manufacturers (OEMs) developing next-generation automotive solutions.
Cavli Wireless Chief Executive Officer and Chief Technology Architect, John Mathew said the introduction of the CQM200 module marked a crucial moment for both the company and the IoT industry.
“With its 5G-NR Sub-6 capability, massive data throughput, and advanced processing power, the CQM200 is designed to address the increasingly complex demands of high-performance applications that require ultra-low latency connectivity along with seamless scalability for deployments across the world,” he said.
The CQM200 module offers exceptional download speeds of up to 3.7 gigabits per second (Gbps) and upload speeds of up to 2.5 Gbps, addressing the needs of high-throughput, data-heavy IoT applications.
Built on the Qualcomm SDX72 chipset, the module integrates state-of-the-art components, including a Quad-Core Arm Cortex A55 processor and Qualcomm Hexagon DSP processor, to handle complex computing tasks with seamless efficiency.
A key feature of the CQM200 is its 3x Carrier Aggregation (3CA) capability, which allows the module to aggregate multiple carrier frequencies, optimising the available radio spectrum for higher data speeds and better network reliability.
The CQM200’s Hubble integration further enhances its capabilities by introducing remote diagnosis, monitoring, and debugging of the module along with the Hubble Applet service, an advanced component of the Cavli Hubble IoT connectivity & modem management platform.
Through strategic alliances with operators worldwide, Cavli has established a substantial presence, delivering unparalleled connectivity solutions that set new standards in service quality and cost-effectiveness.
-- BERNAMA
ROSHN GROUP UNVEILS FIRST BATCH OF SALES FOR ALMANAR COMMUNITY IN MAKKAH
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| ROSHN Group launches sales for ALMANAR, its first fully integrated community in Makkah Al-Mukarramah (Photo: AETOSWire) |
KUALA LUMPUR, Feb 18 (Bernama) -- ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has launched the first batch of sales for ALMANAR, its first community in Makkah.
Located within the Al-Haram boundary and 20 minutes from Al-Masjid Al-Haram, ALMANAR introduces a new lifestyle concept, blending essential amenities with a prime location.
ROSHN Group Acting Chief Executive Officer, Dr Khalid Johar said the sales launch of the first batch of ALMANAR community underscores its commitment to high-quality living, aligning with Vision 2030’s objectives for homeownership and enhanced quality of life.
“With ALMANAR community, we honour the region's rich architectural designs while embracing nature, providing residents the chance to embrace a healthy lifestyle," he said in a statement.
The initial offering includes 727 single-family homes, ranging from three- to four-bedroom townhouses and duplexes to four- to five-bedroom villas, featuring the group's largest C10 villa design. Each unit boasts stylish kitchens with coordinated colour schemes and shaded parking with a show villa available at the on-site sales centre.
Strategically situated near Makkah Gate, the development is less than an hour from King Abdulaziz International Airport in Jeddah. Designed around a green spine, the community promotes healthy living with more than 18 per cent green and open spaces, including dedicated walking and cycling paths.
The community includes retail outlets, schools, mosques, and commercial centres, all within walking distance. Positioned between the old and new expressways linking Makkah and Jeddah, ALMANAR ensures seamless connectivity.
ALMANAR incorporates energy-efficient insulation and air conditioning, reinforcing ROSHN’s focus on sustainability and urban development.
-- BERNAMA
Tuesday, 18 February 2025
KAO CORPORATION RESPONDS TO SHAREHOLDER PROPOSALS AHEAD OF AGM
KUALA LUMPUR, Feb 18 (Bernama) -- Kao Corporation disclosed its opinion on Feb 14 regarding the shareholder proposals submitted by Oasis Japan Strategic Fund Ltd (Oasis) for the company’s 119th Annual General Meeting (AGM).
The company also addressed a previous statement from Oasis, made in April 2024, by publishing a document titled "Board of Directors' Opinion on Shareholder Proposal and Kao’s Strategy to Enhance Corporate Value", according to a statement.
Kao reaffirmed its commitment to maintaining transparent and effective governance while continuing to implement its K27 strategy aimed at boosting corporate value.
-- BERNAMA
The company also addressed a previous statement from Oasis, made in April 2024, by publishing a document titled "Board of Directors' Opinion on Shareholder Proposal and Kao’s Strategy to Enhance Corporate Value", according to a statement.
Kao reaffirmed its commitment to maintaining transparent and effective governance while continuing to implement its K27 strategy aimed at boosting corporate value.
-- BERNAMA
Thursday, 13 February 2025
KAO’S BIORÉ UV PARTNERS K-POP GROUP STRAY KIDS FOR GLOBAL SUNCARE CAMPAIGN
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| Stray Kids (Photo: Business Wire) |
KUALA LUMPUR, Feb 13 (Bernama) -- Bioré UV, Japan’s top-selling suncare brand and a globally renowned name under Kao Corporation, has announced a global partnership with K-pop sensation Stray Kids for its latest campaign, “SUNLIGHT IS YOUR SPOTLIGHT.”.
According to a statement, this collaboration aims to encourage people to enjoy activities under the sun, empowered by high-performing, lightweight ultraviolet (UV) protection formulated for everyday use.
Set to kick off in April this year in more than 15 countries and regions, the campaign will showcase a dynamic blend of visuals and videos. A message from Stray Kids is already available ahead of the campaign launch.
Kao Corporation Vice President of Health Beauty Care - Asia (International) Business, Mitsutoshi Kamiya said the company is thrilled to welcome Stray Kids as the faces of its new suncare campaign.
"By emphasising the benefits of proper sun care, Bioré UV empowers individuals who are concerned about sun exposure to confidently enjoy the outdoors,” he said.
Stray Kids is recognised for their unique musical creativity and global influence, boasting an impressive 31 million followers on Instagram. This collaboration aims to inspire a global audience, expanding its reach beyond the Asian market to the United States (US) and United Kingdom (UK).
As a key brand in Kao’s Global Sharp Top Strategy, Bioré UV continues to lead in sun protection, offering high-value products while supporting Kao’s growth. The brand is committed to innovation and expanding its reach worldwide.
The campaign will feature Bioré UV’s range of lightweight sunscreens that provide durable UV protection and hydration, catering to diverse lifestyles and skin types.
This global campaign will roll out across Bioré UV’s official social media channels and select retail locations worldwide.
-- BERNAMA
Opengear Expands Console Manager Series With 5G Connectivity
KUALA LUMPUR, Feb 12 (Bernama) -- Opengear, the secure and Smart Out of Band management solutions provider, has announced the expansion of its CM8100-10G Console Manager series with the introduction of integrated 5G cellular technology.
A Digi International company, Opengear in a statement said this release delivers the trusted connectivity, security, and operational efficiency support that customers rely on the company for, while providing a leading-edge solution for their networks.
“Including 5G technology in our CM8100-10G series represents a significant step in our promise to provide a network management solution that eliminates disruptions while enabling automatic failover to cellular for seamless access.
“As demand for networks grows in complexity and the volume of data increases, the need for a fast, reliable, and efficient remote management solution becomes critical. Our latest console manager, the CM8100-10G-5G, is designed to empower our customers to meet these challenges head-on,” said Opengear president, Patrick Quirk.
As artificial intelligence (AI), the Internet of Things (IoT), and cloud computing are transforming how businesses operate, the need for low-latency, high-bandwidth, and constant connectivity grows.
The CM8100-10G-5G, when paired with Opengear’s Lighthouse software, Smart Management Fabric, and zero-touch provisioning, offers a 5G-powered Smart Out of Band solution for fast, secure, and resilient remote network management.
The expanded solution includes several standout enhancements, such as 5G for network resilience, in which integrated 5G connectivity and 10GbE uplinks deliver seamless failover, ensuring business continuity and minimising downtime in high-density IT environments.
Upgraded with 5G technology, the CM8100-10G-5G safeguards IT investments by providing a highly scalable and adaptable network resilience solution that evolves with the demands of leading-edge technologies such as AI, cloud computing, and IoT.
This announcement follows Opengear's longstanding tradition of enhancing product capabilities in line with technological advancements and customer feedback, ensuring that each solution meets or exceeds industry standards and customer expectations.
-- BERNAMA
Wednesday, 12 February 2025
DUCK CREEK, WORLDPAY TO PROVIDE INSURANCE CARRIERS WITH SCALABLE PAYMENT SOLUTIONS
KUALA LUMPUR, Feb 12 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has announced a strategic partnership with Worldpay to enhance payment solutions.
Duck Creek Technologies Chief Payments Officer, Allan Lacoste in a statement said Worldpay aligned perfectly with the company’s mission to provide insurance carriers with secure, efficient, and flexible payment solutions.
“Through this partnership, Duck Creek Payments becomes even more robust, eliminating the need for costly, bespoke integrations while embedding industry-leading payment processing capabilities directly into Duck Creek's core technology,” added Lacoste.
Meanwhile, Worldpay General Manager of North America, Jason Pavona said: “By joining forces with Duck Creek, we are realising our shared goal of modernising payment solutions for the insurance industry.
“The integration of our advanced payment technologies into Duck Creek Payments gives insurance carriers the tools they need to reduce complexity, deliver a better customer journey, and navigate an increasingly dynamic marketplace.”
A global industry leader in payments technology and solutions, Worldpay’s global payments capabilities embedded in Duck Creek Payments provide carriers with a seamless, end-to-end payment management platform tailored specifically to the insurance industry.
The addition of Worldpay's payments capabilities fortifies Duck Creek’s ability to serve carriers worldwide with its payments platform while ensuring scalability and future-proofing through continued technology investments.
This partnership also reflects Duck Creek’s commitment to expanding its Marketplace, where strategic payment partnerships empower carriers to access a comprehensive suite of innovative payment solutions tailored to their unique needs.
Additionally, insurers can process easier, more cost-effective payments and provide customers with increased payment flexibility, including Buy Now, Pay Later (BNPL) options.
-- BERNAMA
Duck Creek Technologies Chief Payments Officer, Allan Lacoste in a statement said Worldpay aligned perfectly with the company’s mission to provide insurance carriers with secure, efficient, and flexible payment solutions.
“Through this partnership, Duck Creek Payments becomes even more robust, eliminating the need for costly, bespoke integrations while embedding industry-leading payment processing capabilities directly into Duck Creek's core technology,” added Lacoste.
Meanwhile, Worldpay General Manager of North America, Jason Pavona said: “By joining forces with Duck Creek, we are realising our shared goal of modernising payment solutions for the insurance industry.
“The integration of our advanced payment technologies into Duck Creek Payments gives insurance carriers the tools they need to reduce complexity, deliver a better customer journey, and navigate an increasingly dynamic marketplace.”
A global industry leader in payments technology and solutions, Worldpay’s global payments capabilities embedded in Duck Creek Payments provide carriers with a seamless, end-to-end payment management platform tailored specifically to the insurance industry.
The addition of Worldpay's payments capabilities fortifies Duck Creek’s ability to serve carriers worldwide with its payments platform while ensuring scalability and future-proofing through continued technology investments.
This partnership also reflects Duck Creek’s commitment to expanding its Marketplace, where strategic payment partnerships empower carriers to access a comprehensive suite of innovative payment solutions tailored to their unique needs.
Additionally, insurers can process easier, more cost-effective payments and provide customers with increased payment flexibility, including Buy Now, Pay Later (BNPL) options.
-- BERNAMA
CLEARDOX NAMED TO CHARTIS ENERGY50 RANKINGS FOR 2025
KUALA LUMPUR, Feb 12 (Bernama) -- ClearDox, a provider of intelligent workflow applications for the commodities industry, has been named to the highly esteemed Chartis Energy50 rankings for 2025.
According to a statement, this recognition highlights the company's role in transforming commodity trading operations by leveraging artificial intelligence (AI) to streamline workflows, reduce risk, and unlock new business opportunities.
ClearDox Chief Executive Officer, Rick Nelson expressed his excitement over the recognition, emphasising how the company's solutions help major players in the energy sector automate data-intensive workflows while gaining deeper insights into operational risks.
He credits this achievement to the company’s commitment to transforming the commodities industry with AI-driven innovations.
ClearDox's Commodity Intelligence platform uses AI to turn piles of paperwork and digital mayhem into clean, structured, organised data. Powered by the ClearDox platform, the ClearDox Intelligent Applications automate critical tasks throughout the commodity trading lifecycle while continuing to shed light on operational risk.
Built for the commodities industry using generative AI (GenAI) and purpose-engineered to power commodity intensive workflows, its applications handle everything from trade confirmation and finance optimisation to operations intelligence, payment processing, and compliance oversight.
The Chartis Energy50 is compiled by Chartis Research, a renowned authority in the global risk technology market. Chartis Research, a division of Infopro Digital, is dedicated to empowering enterprises with invaluable insights and analysis to enhance risk management, corporate governance, and compliance efforts.
As a trusted source of in-depth assessments and actionable recommendations, Chartis Research assists organisations in making informed decisions about their technology and business strategies.
-- BERNAMA
Friday, 7 February 2025
NX VIETNAM ENHANCES RAIL FREIGHT SERVICES WITH CONSOLIDATION FOR SMALL-LOT SHIPMENTS
KUALA LUMPUR, Feb 7 (Bernama) -- Nippon Express (Vietnam) Co Ltd (NX Vietnam) has commenced a consolidation service to enhance its rail freight services on Vietnam's North-South Railway between Hanoi and Ho Chi Minh City.
As logistics needs become more diversified and sophisticated in line with the rapid growth of the Vietnamese economy, demand is on the rise for a north-south logistics network to serve as a key route between manufacturing bases and consumption centres.
To address this need, NX Vietnam, a group company of Nippon Express Holdings Inc, has launched a rail transport service in June 2024, reducing transit time between Hanoi and Ho Chi Minh City (approximately 1,700 kilometres) in about 48 hours.
According to a statement, this service has been well received by many customers as a high-quality service that helps reduce the environmental impact of logistics.
NX Vietnam has now launched a Less than Container Load (LCL) service to supplement its existing Full Container Load (FCL) service, utilising its own warehouses as incoming/outgoing container freight stations (CFSs). Loading and unloading of containers will be performed in-house to ensure high-quality service.
This approach enables efficient and sustainable transport of smaller quantities of cargo that do not fill a single container and provides more customers with flexible and cost-effective logistics solutions.
The NX Group will continue providing high-quality logistics services to meet the needs of its customers while working to cut carbon dioxide emissions with the aim of achieving sustainable societies.
-- BERNAMA
As logistics needs become more diversified and sophisticated in line with the rapid growth of the Vietnamese economy, demand is on the rise for a north-south logistics network to serve as a key route between manufacturing bases and consumption centres.
To address this need, NX Vietnam, a group company of Nippon Express Holdings Inc, has launched a rail transport service in June 2024, reducing transit time between Hanoi and Ho Chi Minh City (approximately 1,700 kilometres) in about 48 hours.
According to a statement, this service has been well received by many customers as a high-quality service that helps reduce the environmental impact of logistics.
NX Vietnam has now launched a Less than Container Load (LCL) service to supplement its existing Full Container Load (FCL) service, utilising its own warehouses as incoming/outgoing container freight stations (CFSs). Loading and unloading of containers will be performed in-house to ensure high-quality service.
This approach enables efficient and sustainable transport of smaller quantities of cargo that do not fill a single container and provides more customers with flexible and cost-effective logistics solutions.
The NX Group will continue providing high-quality logistics services to meet the needs of its customers while working to cut carbon dioxide emissions with the aim of achieving sustainable societies.
-- BERNAMA
ZENAS BIOPHARMA TARGETS KEY 2025 MILESTONES FOR OBEXELIMAB IN AUTOIMMUNE DISEASES
KUALA LUMPUR, Feb 6 (Bernama) -- Zenas BioPharma Inc (Zenas), a clinical-stage global biopharmaceutical company, has outlined its significant achievements in 2024 and set key business objectives for 2025.
The company also announced its preliminary unaudited cash balance at the end of 2024, which stands at approximately US$350 million, sufficient to its operating expenses and capital expenditure requirements into the fourth quarter of 2026. (US$1=RM4.41)
Zenas Founder and Chief Executive Officer, Lonnie Moulder highlighted the company’s progress across various goals in 2024, noting that it enters 2025 with major milestones in sight, especially the results from ongoing obexelimab Phase 2 and Phase 3 clinical trials.
“We are extremely proud of the accomplishments of our dedicated team as we enter the year well-financed and able to focus on execution and achievement of our key objectives for the year,” he said in a statement.
In 2024, Zenas achieved several key milestones, including the completion of patient enrolment for the Phase 3 INDIGO trial, which is the largest-ever clinical trial for Immunoglobulin G4-Related Disease (IgG4-RD).
The company also initiated the Phase 2 MoonStone and SunStone trials for obexelimab in patients with Relapsing Multiple Sclerosis (RMS) and Systemic Lupus Erythematosus (SLE), respectively, as well as provided initial data from the Phase 2 SApHiAre trial.
Additionally, Zenas completed an upsized Series C and initial public offering, raising US$458.7 million, and bolstered its leadership team by appointing Orlando Oliveira as Chief Commercial Officer and Jeff Held as Chief Legal Officer.
The company also made strategic business moves, including out-licenced ZB005 for development in Greater China and out-licenced regional rights to its thyroid eye disease programmes to Zai Lab.
Looking ahead to 2025, Zenas expects to achieve several key clinical milestones, including the release of the 12-week primary endpoint results from the Phase 2 MoonStone trial for RMS in the third quarter; topline results by year-end 2025 from the Phase 3 INDIGO trial in IgG4-RD; and to complete enrolment in the Phase 2 SunStone trial for SLE by 2025, with topline results expected in the first half of 2026.
The ongoing clinical trials underscore Zenas' commitment to advancing obexelimab as a groundbreaking treatment for multiple autoimmune diseases with a once-weekly subcutaneous injection regimen.
-- BERNAMA
Thursday, 6 February 2025
SAVIYNT WELCOMES FORMER SAILPOINT APAC CHANNEL LEADER SUNIL KEDARAJI
Kedaraji drives regional growth as Saviynt’s Vice President of Partner Sales for APJ
LOS ANGELES, Feb 6 (Bernama-BUSINESS WIRE) -- Saviynt, a leading provider of cloud-native identity governance solutions, today announced the appointment of Sunil Kedaraji as Vice President of Partner Sales for APJ (Asia-Pacific and Japan). This strategic hire reflects Saviynt's commitment to strengthening its presence in the high-growth APJ region. With seasoned leadership, the company aims to scale operations, deepen partnerships, and accelerate growth, solidifying its position as a leader in identity security solutions.
"Sunil’s extensive expertise in the APJ partner ecosystems, coupled with his deep knowledge of the identity security domain, is invaluable as we continue to invest in the region. His leadership will empower us to enhance strategic relationships, expand our market presence, and deliver outstanding value to both our customers and partners," said Dan Mountstephen, SVP of APJ at Saviynt. "This appointment underscores Saviynt’s continued commitment to the high-growth APJ region and our focus on building a world-class team to drive sustainable success."
Kedaraji joins Saviynt from Proofpoint, where he successfully led partner expansion across Southeast Asia, North Asia, India, and Korea. With an impressive track record at top-tier organizations such as SailPoint and Quest, Kedaraji brings extensive domain expertise and deep regional insight, which will be key in advancing Saviynt’s partner strategy.
"I am thrilled to join Saviynt as Vice President of Partner Sales for the APJ region, a company recognized as a leader in identity security by the industry's foremost analyst firms," said Kedaraji, who brings more than a decade of expertise in the identity security domain. "With Saviynt's innovative cloud identity and access governance platform solutions, I see tremendous opportunities to collaborate with our partners and deliver exceptional value to our customers across the region. Together, we will strengthen Saviynt’s position as the trusted choice for enterprises in APJ, helping them achieve their security and compliance objectives more effectively."
Previously, Kedaraji served as the Head of APAC Partners at SailPoint Technologies, where he played a pivotal role in building and nurturing the partner ecosystem, enabling partners to thrive and scale in an increasingly competitive market.
Saviynt’s partners in the APJ region have welcomed Kedaraji’s appointment with enthusiasm.
"We are excited about Sunil joining Saviynt as the Vice President of Partner Sales for APJ. His domain expertise and strategic approach will be instrumental in driving stronger collaboration between Saviynt and its partners, helping businesses in the region navigate complex identity security challenges with confidence," said Anshul Pandey, chief technology officer at Content Security, a Saviynt partner in Australia. "We look forward to working closely with him to accelerate joint success and deliver outstanding solutions to our customers.”
To learn more about Saviynt’s Identity Cloud, please visit the website.
About Saviynt
Saviynt empowers enterprises to secure their digital transformation, safeguard critical assets, and meet regulatory compliance. With a vision to provide a secure and compliant future for all enterprises, Saviynt is recognized as an industry leader in identity security whose cutting-edge solutions protect the world’s leading brands, Fortune 500 companies and government organizations. For more information, please visit www.saviynt.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20250205928605/en/
Contact
Press Contact
APJ
Sheetal Kumar
sheetal.kumar@saviynt.com
Global
Jacklyn Kellick
jacklyn.kellick@saviynt.com
Source : Saviynt
LOS ANGELES, Feb 6 (Bernama-BUSINESS WIRE) -- Saviynt, a leading provider of cloud-native identity governance solutions, today announced the appointment of Sunil Kedaraji as Vice President of Partner Sales for APJ (Asia-Pacific and Japan). This strategic hire reflects Saviynt's commitment to strengthening its presence in the high-growth APJ region. With seasoned leadership, the company aims to scale operations, deepen partnerships, and accelerate growth, solidifying its position as a leader in identity security solutions.
"Sunil’s extensive expertise in the APJ partner ecosystems, coupled with his deep knowledge of the identity security domain, is invaluable as we continue to invest in the region. His leadership will empower us to enhance strategic relationships, expand our market presence, and deliver outstanding value to both our customers and partners," said Dan Mountstephen, SVP of APJ at Saviynt. "This appointment underscores Saviynt’s continued commitment to the high-growth APJ region and our focus on building a world-class team to drive sustainable success."
Kedaraji joins Saviynt from Proofpoint, where he successfully led partner expansion across Southeast Asia, North Asia, India, and Korea. With an impressive track record at top-tier organizations such as SailPoint and Quest, Kedaraji brings extensive domain expertise and deep regional insight, which will be key in advancing Saviynt’s partner strategy.
"I am thrilled to join Saviynt as Vice President of Partner Sales for the APJ region, a company recognized as a leader in identity security by the industry's foremost analyst firms," said Kedaraji, who brings more than a decade of expertise in the identity security domain. "With Saviynt's innovative cloud identity and access governance platform solutions, I see tremendous opportunities to collaborate with our partners and deliver exceptional value to our customers across the region. Together, we will strengthen Saviynt’s position as the trusted choice for enterprises in APJ, helping them achieve their security and compliance objectives more effectively."
Previously, Kedaraji served as the Head of APAC Partners at SailPoint Technologies, where he played a pivotal role in building and nurturing the partner ecosystem, enabling partners to thrive and scale in an increasingly competitive market.
Saviynt’s partners in the APJ region have welcomed Kedaraji’s appointment with enthusiasm.
"We are excited about Sunil joining Saviynt as the Vice President of Partner Sales for APJ. His domain expertise and strategic approach will be instrumental in driving stronger collaboration between Saviynt and its partners, helping businesses in the region navigate complex identity security challenges with confidence," said Anshul Pandey, chief technology officer at Content Security, a Saviynt partner in Australia. "We look forward to working closely with him to accelerate joint success and deliver outstanding solutions to our customers.”
To learn more about Saviynt’s Identity Cloud, please visit the website.
About Saviynt
Saviynt empowers enterprises to secure their digital transformation, safeguard critical assets, and meet regulatory compliance. With a vision to provide a secure and compliant future for all enterprises, Saviynt is recognized as an industry leader in identity security whose cutting-edge solutions protect the world’s leading brands, Fortune 500 companies and government organizations. For more information, please visit www.saviynt.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20250205928605/en/
Contact
Press Contact
APJ
Sheetal Kumar
sheetal.kumar@saviynt.com
Global
Jacklyn Kellick
jacklyn.kellick@saviynt.com
Source : Saviynt
BELTONE UNVEILS ENVISION HEARING AIDS WITH ADVANCED AI TECHNOLOGY
KUALA LUMPUR, Feb 5 (Bernama) -- Beltone has introduced its latest innovation, the Beltone Envision hearing aids, designed to set a new benchmark in noise management and voice clarity.
According to a statement, these hearing aids provide superior sound quality, even in noisy environments, allowing users to clearly hear important sounds, such as a friend's voice at a crowded restaurant.
Despite the fact that only one in five people who could benefit from hearing aids actually use them, Beltone Envision aims to bridge this gap by empowering users to connect with loved ones, colleagues, and their surroundings.
These devices intelligently detect the environment, noise levels, and speech cues, automatically adjusting settings for an optimal listening experience.
The artificial intelligence (AI) inside Beltone Envision is trained to recognise and suppress thousands of unwanted noises while highlighting the sounds and voices users want to hear, ensuring a clearer and more focused listening experience. Beltone's unique approach mimics natural human behaviour by prioritising sounds based on where the user is looking, not just their volume.
Equipped with a dedicated Deep Neural Network (DNN) chip, the Beltone Envision is up to 17 times more efficient than other hearing solutions with directionality and DNN noise reduction, resulting in a significant improvement to speech understanding.
Available in the world's smallest AI hearing aid form and new streamlined receiver-in-ear (RIE) styles, this device offers a discreet, modern, and comfortable solution, with full-day battery performance. The hearing aid also supports Bluetooth Low Energy (LE) Audio experience and is compatible with Auracast broadcast audio, providing users with access to news, entertainment, and assistive listening in public spaces.
In addition, the Beltone HearMax app now features the Auracast Assistant, simplifying the connection to Auracast broadcasts with just a tap. Alongside the Beltone Envision, the company is also launching Beltone Commence, an essential hearing aid range offering Bluetooth LE Audio and Auracast compatibility, designed for individuals with mild to profound hearing loss.
The new microRIE style offers a discreet and ergonomic fit, while updated RIE designs ensure all-day comfort in various colours, including navy blue and bold red. Additionally, Beltone Envision enables seamless audio streaming from televisions and mobile devices, along with hands-free calling, enhancing convenience for users on the go.
The Beltone Envision and Beltone Commence will be available in the United States and Germany from Feb 20, with global expansion to follow.
--BERNAMA
Polyplastics To Launch 40 Pct Glass-filled Recycled DURAFIDE PPS
KUALA LUMPUR, 5 Feb (Bernama) -- Polyplastics Co Ltd, a global leader in engineering plastics, has announced plans to launch a 40 per cent glass-reinforced grade of DURAFIDE rG-PPS by December this year, as part of its mechanical recycling business.
The company will develop high-quality optimum formulations, which will play a role in helping achieve 100 per cent circularity of engineering plastics by expanding the applications of mechanically recycled materials.
The first iteration of Polyplastics’ mechanical recycling business calls for the collection of glass-reinforced polyphenylene sulphide (PPS) scrap from customers through an open mechanical recycling scheme known as post-industrial recycling (PIR).
According to a statement, the PPS scrap will be used as a raw material to make DURAFIDE rG-PPS. In initial processes, strict acceptance inspections will be conducted and metal will be removed.
In later processes, recycled materials and some virgin materials will be reformulated to meet target specifications. The materials will undergo the same quality standards as those of virgin materials.
The open PIR scheme will help customers reduce and effectively use waste and also significantly reduce carbon emissions for their products. Currently, the raw material from customers will be specific grades of DURAFIDE glass-reinforced PPS.
Polyplastics will develop a higher glass-filled grade as the second iteration of DURAFIDE rG-PPS and establish a system to supply that grade and the 40 per cent glass-reinforced grade to customers in Japan.
The company seeks to collaborate with its customers as well as companies in the recycling and industrial waste treatment industry while also building a "local production for local consumption" recycling chain within each geographic region in the future.
-- BERNAMA
Wednesday, 5 February 2025
COMMAND CLOUD: EMPOWERING HEAVY MATERIALS SUPPLIERS WITH UNPRECEDENTED INNOVATION AND SCALABILITY
BIRMINGHAM, Ala., Feb 5 (Bernama-GLOBE NEWSWIRE) -- Command Alkon, the leading software and solutions provider for the heavy building materials industry, is proud to introduce its next-generation platform, Command Cloud, designed to drive operational excellence and facilitate AI-assisted, data-driven decision making, to the Asia Pacific market. With its comprehensive and connected software and hardware solutions, Command Cloud offers a single cloud platform that manages all business processes, from inventory management to back office, for all heavy building materials.
Command Cloud harnesses the full spectrum of cloud-native advantages, ensuring scalability, resiliency, global reach, and exceptional resource efficiency. Unlike traditional databases, Command Cloud solutions, powered by no SQL technology, effortlessly scale to handle peak demand and deliver a consistent and secure user experience. With uncompromising uptime and resilience, Command Cloud is designed to withstand and swiftly recover from disruptions, reduce total cost of ownership, and remove operational complexities, allowing businesses to invest in other areas to improve top line profitability.
Leveraging machine learning and generative AI, predictive analytics and decision-making tools are tailored to meet the specific needs of Ready Mix, Aggregate, and Asphalt suppliers. These tools empower users to make informed decisions and drive growth in their unique business landscapes.
In 2024, the company announced a $20M investment to accelerate the rollout of cloud-based solutions and the first products from that investment will be delivered to the Asia Pacific market in calendar Q2 2025. For ready mix operations these offerings include Sales & Quoting, Dispatch, Material Supply for Inventory Management, Customer Portal for customer collaboration, and AI-powered solutions for Plant Optimization and Analytics. The investment also supports completion of the development of Aggregates and Asphalt Cloud software offerings, including Bulk Dispatch and Scale Ticketing in 2025.
Command Alkon recognizes the importance of seamless connectivity of software and hardware as essential to the heavy building materials industry. By utilizing IoT-enabled technologies, Command Cloud solutions encompass enhanced capabilities, including remote management and self-diagnostic features. This comprehensive approach makes Command Alkon a true ecosystem engineer, supercharging the future of the heavy building materials industry.
“By harnessing the power of the cloud, our solutions can optimize operations, improve efficiency, and modernize how our customers conduct business,” said Ranjeev Teelock, Chief Product Officer. “Harnessing a cloud-native approach enables us to leverage the most advanced technologies in the market today, like machine learning, artificial intelligence, and IoT, driving innovation and unlocking new possibilities for this great industry.”
Recognizing the paramount importance of infusing UX into the design process, Command Alkon has invested in delivering a new, modern user interface design for Dispatch, meticulously crafted through engagement with users throughout the development process and shaped by continuous testing and calibration. This new interface provides a user experience that is easier to learn, easier to use, and available on any desktop or mobile device, as well as next-generation analytics dashboards that can be configured to visualize business performance and drive profitability.
With an open API strategy, Command Cloud provides a powerful foundation for customer-centric solutions. Keeping in line with this strategy, Command Alkon offers a Connected Partner Program which is a dynamic community of forward-thinking companies dedicated to propelling innovation in the heavy building materials market. These partnerships aim to push the boundaries of technology, elevate industry standards, and empower businesses to tailor system architectures to their specific needs while extending the functionality of core Command Alkon products.
“By expanding our Sales and Service capabilities in the Asia Pacific region, we are better poised to meet the needs of our customers as they embark on their individual journeys to running their operations in the cloud,” said Jeff Newlin, Chief Revenue Officer. “Providing an exceptional customer experience from sale, through on-boarding, and throughout the adoption of our solutions is a major focus as we work to partner with our customers on their transition to cloud-based solutions.”
Technology outline here currently not available in China and India.
For more information and Command Alkon and Command Cloud, visit www.commandalkon.com.
ABOUT COMMAND ALKON
Command Alkon is the global leader in software and technology solutions for ready mix, concrete products, asphalt, aggregate and cement suppliers. With over 45 years of industry expertise, Command Alkon’s services and products empower heavy building materials suppliers to improve production and quality control, dispatch and trucking, and office efficiency and performance.
Karli Langner
Command Alkon
(205) 879-3282 x 3968
klangner@commandalkon.com
SOURCE : Command Alkon Incorporated
Command Cloud harnesses the full spectrum of cloud-native advantages, ensuring scalability, resiliency, global reach, and exceptional resource efficiency. Unlike traditional databases, Command Cloud solutions, powered by no SQL technology, effortlessly scale to handle peak demand and deliver a consistent and secure user experience. With uncompromising uptime and resilience, Command Cloud is designed to withstand and swiftly recover from disruptions, reduce total cost of ownership, and remove operational complexities, allowing businesses to invest in other areas to improve top line profitability.
Leveraging machine learning and generative AI, predictive analytics and decision-making tools are tailored to meet the specific needs of Ready Mix, Aggregate, and Asphalt suppliers. These tools empower users to make informed decisions and drive growth in their unique business landscapes.
In 2024, the company announced a $20M investment to accelerate the rollout of cloud-based solutions and the first products from that investment will be delivered to the Asia Pacific market in calendar Q2 2025. For ready mix operations these offerings include Sales & Quoting, Dispatch, Material Supply for Inventory Management, Customer Portal for customer collaboration, and AI-powered solutions for Plant Optimization and Analytics. The investment also supports completion of the development of Aggregates and Asphalt Cloud software offerings, including Bulk Dispatch and Scale Ticketing in 2025.
Command Alkon recognizes the importance of seamless connectivity of software and hardware as essential to the heavy building materials industry. By utilizing IoT-enabled technologies, Command Cloud solutions encompass enhanced capabilities, including remote management and self-diagnostic features. This comprehensive approach makes Command Alkon a true ecosystem engineer, supercharging the future of the heavy building materials industry.
“By harnessing the power of the cloud, our solutions can optimize operations, improve efficiency, and modernize how our customers conduct business,” said Ranjeev Teelock, Chief Product Officer. “Harnessing a cloud-native approach enables us to leverage the most advanced technologies in the market today, like machine learning, artificial intelligence, and IoT, driving innovation and unlocking new possibilities for this great industry.”
Recognizing the paramount importance of infusing UX into the design process, Command Alkon has invested in delivering a new, modern user interface design for Dispatch, meticulously crafted through engagement with users throughout the development process and shaped by continuous testing and calibration. This new interface provides a user experience that is easier to learn, easier to use, and available on any desktop or mobile device, as well as next-generation analytics dashboards that can be configured to visualize business performance and drive profitability.
With an open API strategy, Command Cloud provides a powerful foundation for customer-centric solutions. Keeping in line with this strategy, Command Alkon offers a Connected Partner Program which is a dynamic community of forward-thinking companies dedicated to propelling innovation in the heavy building materials market. These partnerships aim to push the boundaries of technology, elevate industry standards, and empower businesses to tailor system architectures to their specific needs while extending the functionality of core Command Alkon products.
“By expanding our Sales and Service capabilities in the Asia Pacific region, we are better poised to meet the needs of our customers as they embark on their individual journeys to running their operations in the cloud,” said Jeff Newlin, Chief Revenue Officer. “Providing an exceptional customer experience from sale, through on-boarding, and throughout the adoption of our solutions is a major focus as we work to partner with our customers on their transition to cloud-based solutions.”
Technology outline here currently not available in China and India.
For more information and Command Alkon and Command Cloud, visit www.commandalkon.com.
ABOUT COMMAND ALKON
Command Alkon is the global leader in software and technology solutions for ready mix, concrete products, asphalt, aggregate and cement suppliers. With over 45 years of industry expertise, Command Alkon’s services and products empower heavy building materials suppliers to improve production and quality control, dispatch and trucking, and office efficiency and performance.
Karli Langner
Command Alkon
(205) 879-3282 x 3968
klangner@commandalkon.com
SOURCE : Command Alkon Incorporated
UNI-FUELS HOLDINGS LIMITED ANNOUNCES UNDERWRITERS’ FULL EXERCISE OF OVER-ALLOTMENT OPTION
SINGAPORE, Feb 5 (Bernama-GLOBE NEWSWIRE) -- Uni-Fuels Holdings Limited (NASDAQ: UFG) (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions for shipping companies headquartered in Singapore, announced today that on February 4, 2025, the underwriter of its previously announced initial public offering (the “Offering”) has exercised its over-allotment option (the “Over-Allotment Option”) in full and purchased an additional 315,000 Class A Ordinary Shares of the Company at the public offering price of $4.00 per share, resulting in additional gross proceeds of $1.26 million. After giving effect to the full exercise of the Over-Allotment Option, the total number of Class A Ordinary Shares sold by the Company in the Offering increased to 2,415,000 Class A Ordinary Shares and the gross proceeds increased to $9.66 million, before deducting underwriting discounts and commissions.
The Class A Ordinary Shares commenced trading on Nasdaq Capital Market on January 14, 2025 under the ticker symbol “UFG.”
Uni-Fuels intends to use the proceeds from the Offering for scaling up its reselling activities to gain market share from existing and new markets; for strengthening its workforce and expanding its market presence in new geographical locations; and as cash reserve and general corporate purposes.
The Offering was conducted on a firm commitment basis. R. F. Lafferty & Co., Inc. acted as the sole book-running manager for the Offering.
A registration statement on Form F-1 relating to the shares being sold in the Offering was initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on October 28, 2024; and was declared effective by the SEC on January 10, 2025. This Offering was made only by means of a prospectus. A copy of the final prospectus relating to the Offering may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov, or alternatively, from: R. F. Lafferty & Co., Inc., 40 Wall Street, 27th Floor, New York, NY 10005; (212) 293-9090.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Uni-Fuels Holdings Limited
Uni-Fuels is a fast-growing global provider of marine fuel solutions, helping shipping companies optimize fuel procurement across all markets and time zones. Founded in 2021, Uni-Fuels has evolved from modest beginnings into a dynamic, forward-thinking company. Backed by a passionate team and a growing presence across multiple locations, it has forged trusted partnerships with customers, supporting them in achieving their operational objectives with confidence, from shore to shore.
For more information, visit www.uni-fuels.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the intended use of the proceeds. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Uni-Fuels’ current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Contact Information
For Investor Relations:
Uni-Fuels Holdings Ltd
Email: investors@uni-fuels.com
Skyline Corporate Communications Group, LLC
Email: info@skylineccg.com
SOURCE: UNI-FUELS Holdings LTD.
--BERNAMA
The Class A Ordinary Shares commenced trading on Nasdaq Capital Market on January 14, 2025 under the ticker symbol “UFG.”
Uni-Fuels intends to use the proceeds from the Offering for scaling up its reselling activities to gain market share from existing and new markets; for strengthening its workforce and expanding its market presence in new geographical locations; and as cash reserve and general corporate purposes.
The Offering was conducted on a firm commitment basis. R. F. Lafferty & Co., Inc. acted as the sole book-running manager for the Offering.
A registration statement on Form F-1 relating to the shares being sold in the Offering was initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on October 28, 2024; and was declared effective by the SEC on January 10, 2025. This Offering was made only by means of a prospectus. A copy of the final prospectus relating to the Offering may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov, or alternatively, from: R. F. Lafferty & Co., Inc., 40 Wall Street, 27th Floor, New York, NY 10005; (212) 293-9090.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Uni-Fuels Holdings Limited
Uni-Fuels is a fast-growing global provider of marine fuel solutions, helping shipping companies optimize fuel procurement across all markets and time zones. Founded in 2021, Uni-Fuels has evolved from modest beginnings into a dynamic, forward-thinking company. Backed by a passionate team and a growing presence across multiple locations, it has forged trusted partnerships with customers, supporting them in achieving their operational objectives with confidence, from shore to shore.
For more information, visit www.uni-fuels.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the intended use of the proceeds. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Uni-Fuels’ current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Contact Information
For Investor Relations:
Uni-Fuels Holdings Ltd
Email: investors@uni-fuels.com
Skyline Corporate Communications Group, LLC
Email: info@skylineccg.com
SOURCE: UNI-FUELS Holdings LTD.
--BERNAMA
Tuesday, 4 February 2025
ANAQUA REVEALS GROWTH IN US PATENT GRANTS, INNOVATION TRENDS FOR 2024
KUALA LUMPUR, Feb 3 (Bernama) -- Anaqua, a provider of innovation and intellectual property (IP) management technology solutions, has released its annual United States Patent and Trademark Office (USPTO) data analysis, revealing a nearly six per cent increase in patent grants over the past year.
According to Anaqua in a statement, the total number of granted patents reached 368,597, was based on the analysis conducted using its AcclaimIP patent analytics software.
Anaqua chief executive officer, Bob Romeo said the surge in global patent activity highlights continued investment in emerging technologies.
“Our market leading AcclaimIP solution helps clients search over 165 million patents helping them to analyse IP in order to determine patentability and assess the competitive patent landscape,” he said.
Samsung Electronics remains at the forefront of innovation, leading with 10,427 granted patents. Its key growth areas include organic light-emitting solid-state devices and electric data processing interfaces.
Taiwan Semiconductor Manufacturing Company (TSMC), LG Corp, Qualcomm, and Apple round out the top five companies, with Apple’s focus on multi-use digital and wireless communication technologies propelling it into the list.
In terms of countries, US-based companies led globally with 157,955 patents, despite a slight three per cent decrease from the previous year. Japan, China, South Korea, and Germany followed, with the latter leading Europe.
Technology areas with the highest number of patent grants include semiconductor technology, artificial intelligence (AI), medical innovations, 5G, and virtual reality (VR). Notably, semiconductor patents saw significant growth, while AI patent grants also increased, with innovations in machine learning, image recognition, and biological-related AI.
Anaqua’s report serves as a benchmark for tracking global patent trends, highlighting the strong growth in semiconductor and AI-related innovations, which contribute to a thriving invention ecosystem across industries.
-- BERNAMA
IFE CONFERENCE 2025: REDEFINING EDUCATION'S FUTURE WITH INNOVATION, TECHNOLOGY
KUALA LUMPUR, Feb 3 (Bernama) -- The Institute for the Future of Education (IFE) at Tecnológico de Monterrey has welcomed more than 4,650 participants worldwide to the 11th edition of IFE Conference, an educational innovation congress taking place from Jan 28 to 30 in Monterrey, Mexico.
According to a statement, the conference has become a crucial forum where leading voices in the sector explore the trends and practices transforming global education.
Speaking at the opening ceremony, Rector of Tecnológico de Monterrey, Juan Pablo Murra, emphasised that one of the main challenges is integrating technological capabilities with the pedagogical expertise of institutions to drive societal transformation.
IFE Associate Director, José Escamilla, highlighted that this year’s theme, “Driving the Future of Education with Innovation and Technology", encourages reflection on how institutions can effectively and ethically integrate technological tools to shape qualified and engaged global citizens.
Escamilla explained that the event aims to facilitate learning, networking, and inspiration across all academic levels, from primary to higher education.
He also noted that over 110 university presidents and higher education leaders will convene at the "Transforming Higher Education" gathering to explore the challenges and opportunities in educational transformation.
The conference also includes thematic sessions on information technology, the impact of public policies, and lifelong learning models. A special forum on educational technology entrepreneurship will bring together startups and investors to foster collaboration and innovation in the sector.
As part of the event’s inauguration, the conference “Artificial Intelligence in Education: Expectation vs. Reality” was led by IFE Executive Director Michael Fung and IFE’s Research Lab Director, Paulo Blikstein. The discussion examined the evolving role of AI in education, with experts cautioning against overestimating its capabilities while emphasising the continued importance of human interaction.
The IFE Conference 2025 features more than 250 activities, including keynote speeches, panel discussions, special events, awards, and networking sessions. Topics covered were emerging technologies, the future of work, innovation, entrepreneurship, public policy, and sustainability.
Over the past decade, IFE has brought together more than 29,000 participants from 3,000 institutions across 40 countries, with the participation of leading education professionals and innovation advocates.
-- BERNAMA
MODELLA AI’S PATHCHAT OBTAINS FDA BREAKTHROUGH DEVICE DESIGNATION FOR ADVANCING PATHOLOGY DIAGNOSTIC
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KUALA LUMPUR, Feb 3 (Bernama) -- Modella AI, a pioneer in generative and agentic artificial intelligence (AI) for biomedicine, has announced that its cutting-edge generative AI co-pilot, PathChat DX, has been granted Breakthrough Device Designation by the United States (US) Food and Drug Administration (FDA).
This recognition underscores PathChat DX’s potential to transform diagnostic workflows and enhance patient outcomes in the field of pathology.
“The Breakthrough Device Designation is a testament to the transformative potential of PathChat DX as one of the first generative AI tools specifically trained for human pathology.
“This milestone brings us closer to our mission of using generative and agentic AI to accelerate diagnostic workflows,” said Modella AI chief executive officer, Dr Jill Stefanelli in a statement.
The FDA’s Breakthrough Device Designation is reserved for medical devices that offer significant advantages over existing standards of care, addressing unmet medical needs or providing critical advancements in healthcare.
PathChat DX, which is an extension of the PathChat model recently published in Nature and developed in the Mahmood Lab at Mass General Brigham under the leadership of Dr Faisal Mahmood.
PathChat integrates advanced generative AI and multimodal analysis, which are designed to assist pathologists in diagnosing complex cases with greater accuracy and efficiency.
The platform leverages a unique combination of pathology foundation models, pretrained on extensive histology image and image-text datasets, and a custom-trained multimodal large language model (MLLM) to analyse high-resolution pathology images and clinical data.
With this designation, Modella AI will benefit from prioritised FDA review and increased collaboration with the agency, expediting the development and commercialisation process for PathChat DX.
The designation highlights the FDA’s recognition of the platform’s potential to address critical challenges in pathology, including diagnostic variability and increasing case volumes.
-- BERNAMA
Monday, 3 February 2025
OPENGEAR: 57 PCT ENGINEERS EXPECT AI INVESTMENT GROWTH IN NETWORK MANAGEMENT
KUALA LUMPUR, Feb 3 (Bernama) -- A recent survey by Opengear, a Digi International company, reveals that 57 per cent of network engineers expect their organisations’ investment in artificial intelligence (AI) for network management to increase by more than 25 per cent over the next two to three years.
The research unveiled that 49 per cent of Chief Information Officers (CIOs) and Chief Security Officers (CSOs) agreed, and yet 70 per cent of engineers believe this increase will still fall short of meeting business goals.
“The research pinpoints a difference in focus between the C-suite and network engineers, shaped by their respective roles and where they are in their AI implementation journey.
“Leadership and technical teams naturally see risk differently, which leads to varying priorities within a shared vision. The findings clearly demonstrate a shared recognition of AI’s transformative potential,” said Opengear Senior Vice President and General Manager, Patrick Quirk in a statement.
When it comes to adopting AI, network engineers see high initial investment costs (29 per cent) as the biggest barrier holding their organisation back from fully implementing it for network management, while CIOs and CSOs rank it below regulatory and compliance issues (cited by 36 per cent) and lack of skilled personnel to manage AI systems (30 per cent).
In addition to the differing concerns about how to manage resources for successful AI integration, there is also a discrepancy in how each group is preparing for AI.
Senior leaders prioritised continuous monitoring and real-time analytics (32 per cent), while network engineers emphasised training and development for information technology (IT) staff (31 per cent) and enhancing network resilience (26 per cent).
The survey also highlights AI's role in cybersecurity, with two-thirds (66 per cent) of CIOs and CSOs allocating only four to 10 per cent of their IT and cybersecurity budget to AI for network management in the last financial year.
Yet, network engineers are more optimistic about AI’s impact on cybersecurity, with 69 per cent believing it will significantly improve their organisation's ability to respond to cybersecurity incidents.
The survey, which polled over 1,000 CIOs, CSOs, and network engineers across the United Kingdom, the United States, France, Germany, and Australia, explores the perspectives of leadership and technical teams regarding AI in network management and cybersecurity.
-- BERNAMA
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