AETOS Wire Latest Press Releases from AETOS Wire Thu, 18 Apr 2019 15:06:17 +0100 FeedCreator 1.7.2 Racketeering Lawsuit Filed by Boies Schiller Flexner LLP Alleges Czech Oligarch Defrauds US ... (BUSINESS WIRE)-- New York hedge fund, Kingstown Capital Management L.P, and other plaintiffs filed a lawsuit on 10 April 2019 in the Southern District of New York against Radovan Vitek, a Czech real estate mogul with business interests throughout Europe, whose fortune Forbes magazine estimates at $3.5 billion. Represented by litigation powerhouse Boies Schiller Flexner LLP, the hedge fund Kingstown Capital Management L.P and Czech investment firm Investhold Ltd allege that Vitek ran an elaborate criminal enterprise that defrauded the plaintiffs out of more than US $1 billion. According to the complaint, Berlin's largest commercial real estate landlord, Vitek engaged in racketeering activity including wire fraud, mail fraud, money laundering, and other crimes and amassed his wealth at the expense of the plaintiffs, according to the complaint. His commercial interests span multiple jurisdictions including the Czech Republic, Switzerland, Luxembourg, Germany, Croatia and UK. The complaint alleges that Vitek was aided and abetted by private Czech bank J&T Banka, as well as Luxembourg-based real estate development company ORCO Property Group, S.A. ... Thu, 18 Apr 2019 10:53:19 +0100 AGCO Production Manager Jane Song Recognized with STEP Ahead Award for Excellence in Manufacturing (BUSINESS WIRE)-- AGCO Corporation (NYSE: AGCO), a worldwide manufacturer and distributor of agriculture equipment and solutions, announces that Jane Song, manager, production for AGCO Power in Changzhou was honored with a 2019 STEP (Science, Technology, Engineering, and Production) Ahead Awards from The Women In Manufacturing, an initiative of the Manufacturing Institute. This honor identifies the best of the best women at all levels of the manufacturing industry, from the factory floor to the C suite. “We are proud that this is the seventh consecutive year AGCO women have been honored with a STEP Ahead Award. Jane Song, our 2019 honoree, makes a difference every day at AGCO and in her community,” said Lucinda Smith, senior vice president, Global Business Services at AGCO. “Jane’s recognition through the STEP Ahead Program speaks to the importance of TRAIT, AGCO’s diversity and inclusion program.” Jane is a remarkable woman whose career path is an inspiration to the whole AGCO Power team, as leadership roles are rare among women in this industry in China. ... Thu, 18 Apr 2019 09:39:24 +0100 Acelity L.P. Inc. Announces New Senior Leadership Appointments (BUSINESS WIRE)-- Acelity today announced Gaurav Agarwal, Chief Commercial Officer, has been promoted to the position of President and Chief Operating Officer. Additionally, Rohit Kashyap, President of the Americas, has been promoted to the position of President, Global Commercial, responsible for sales development, customer support and business growth in markets around the world. Agarwal has nearly 20 years of global business management experience in the healthcare industry. Prior to joining the Company in 2014, he served as President, Orthopedic Reconstruction for the Advanced Surgical Devices Division at Smith & Nephew. In his new role as Chief Operating Officer, Agarwal leads KCI's Product Research and Innovation functions, Manufacturing & Operations, Information Technology, Business Transformation and Quality & Regulatory Affairs. His previous roles include Chief Operating Officer and Senior Vice President for the Advanced Surgical Devices Division at Smith & Nephew, and various leadership positions within GE Healthcare. ... Thu, 18 Apr 2019 05:47:40 +0100 Huawei Launch Track AI to Help Detect Early Signs of Visual Impairment in Children across the ... (BUSINESS WIRE)-- Huawei has deployed its AI expertise with leading medical research bodies to help safeguard children's eyesight. Huawei is working with IIS Aragon and DIVE Medical to co-create Track AI, an AI-powered assessment designed to detect and diagnose early signs of visual impairment in children. The World Health Organization estimates there are 19 million children in the world with visual impairment, of which 70 to 80 percent are preventable or curable. In most cases, these children will remain undiagnosed for years, resulting in more serious consequences with their vision, general development, educational and social opportunities. Less severe but easily prevented types of visual impairments are currently affecting 12.8 million children. “For the past few years, we have been committed to developing a tool that will assess visual function in young children and to identify those with visual impairments,” said Victoria Pueyo, Paediatric Ophthalmologist, DIVE Medical. “With Huawei supporting and powering DIVE through AI we are now able to work towards this goal. ... Wed, 17 Apr 2019 16:25:55 +0100 New Study Investigates Cerebral Oxygenation Normative Values Using Masimo O3® Regional Oximetry (BUSINESS WIRE)-- Masimo (NASDAQ: MASI) announced today the findings of a study, recently published in Anaesthesia and Intensive Care, in which researchers at Austin Hospital in Melbourne, Australia sought to measure cerebral oxygenation in a large cohort of healthy volunteers, using Masimo O3® Regional Oximetry, to establish a normal range of values and investigate the relationship between cerebral oxygenation and other physical and hemodynamic characteristics.1 O3 uses near-infrared spectroscopy (NIRS) to monitor cerebral oxygenation in situations in which peripheral pulse oximetry alone may not be fully indicative of the oxygen in the brain. Noting that “normative values for clinical devices are essential to allow for definition of abnormality during clinical use” and that available regional cerebral tissue oxygen saturation (SctO2) reference values have limitations, including not taking into account variables such as brain hemisphere, sex, skin type, height, weight, and others, Dr. ... Wed, 17 Apr 2019 15:02:57 +0100 MSCI Schedules Investor Conference Call to Review First Quarter 2019 Results (BUSINESS WIRE)-- MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today it will release its results for first quarter 2019 on Thursday, May 2, 2019. MSCI's senior management will review the first quarter 2019 results on Thursday, May 2, 2019 at 11:00 AM Eastern Time. To listen to the live event, visit the events and presentations section of MSCI's Investor Relations homepage,, or dial 1-877-376-9931 conference ID: 1957547 within the United States. International callers dial 1-720-405-2251 conference ID: 1957547. The earnings release and related investor presentation used during the conference call will be made available on MSCI's Investor Relations homepage. An audio recording of the conference call will be available on our Investor Relations website,, beginning approximately two hours after the conclusion of the live event. ... Wed, 17 Apr 2019 14:20:42 +0100 New GSMA Study: Mobile Powering Economic Growth and Job Creation Across West Africa (BUSINESS WIRE)-- West Africa's mobile ecosystem generated more than $50 billion in economic value last year – equivalent to 8.7 per cent of the region's GDP1, according to a new GSMA study. The 2019 West Africa edition of the GSMA's Mobile Economy report series is published at the ‘Mobile 360 – West Africa' event being held in Abidjan this week. The study finds that rising mobile phone ownership and the ongoing migration to mobile broadband networks and services across the region will see the mobile ecosystem's economic contribution continue to increase over the coming years, forecast to reach almost $70 billion (9.5 per cent of GDP) by 2023. “Today's report underlines the vital role the mobile ecosystem is playing in contributing to economic growth, social development and job creation across West Africa,” said Akinwale Goodluck, Head of Sub-Saharan Africa at the GSMA. ... Wed, 17 Apr 2019 13:30:01 +0100 SpeeDx and Cepheid Announce Test Partnership (BUSINESS WIRE)-- SpeeDx Pty, Ltd. announced an agreement with Cepheid to manufacture their market-leading ResistancePlus® tests for use on the GeneXpert System. The first test in Cepheid's FleXible Cartridge programme, planned for launch early 2019, is ResistancePlus® MG, detecting the sexually transmitted infection (STI) Mycoplasma genitalium (Mgen) and markers associated with azithromycin resistance. “The availability of ResistancePlus MG in a FleXible cartridge that runs on the GeneXpert System is a compelling and exciting extension for us,” said Colin Denver, CEO of SpeeDx. “Patients are already benefiting from Resistance Guided Therapy with our central lab tests. Now clinicians can receive resistance information even faster, to support antimicrobial stewardship and more effective antibiotic treatment decisions.” “Our new FleXible Cartridge program allows Trusted Reagent Manufacturers to develop targeted molecular tests using Cepheid's easy-to use-cartridge.” said David H. Persing, M.D., Ph.D., Cepheid's Chief Medical and Technology Officer. ... Wed, 17 Apr 2019 12:03:32 +0100 Financial year 2018: Boehringer Ingelheim grows and invests (BUSINESS WIRE)-- The research-driven pharmaceutical company Boehringer Ingelheim ended 2018 with net sales of 17.5 billion euros. Adjusted for currency effects, as well as one-off effects due to the asset swap with Sanofi in 2017, net sales grew by 4 per cent. At 3.2 billion euros (+2.8%), R&D expenses increased to 18.1 per cent of annual net sales. In the process, the company has focused on specific therapeutic areas. “We want to make a significant contribution towards a superior treatment of cancer,” says Hubertus von Baumbach, Chairman of the Board of Managing Directors. “In addition, we are conducting research, among others, into fibrotic, metabolic and immunological diseases. Our research pipeline is well-filled.” At almost 1 billion euros (+9%), investments in tangible assets were higher than ever before. Operating income again amounted to 3.5 billion euros (- 0.4%), while Group profit after tax increased to 2.1 billion euros. “In 2018, the return on net sales increased from 19.3 to 19.8 per cent, while our equity ratio rose from nearly 38 per cent to 40 per cent. ... Wed, 17 Apr 2019 11:46:36 +0100 ABB: Resilient Growth (BUSINESS WIRE)-- FIRST QUARTER HIGHLIGHTS Total orders +3%1, order backlog +6% Base orders +6%, higher in all divisions and regions Revenues +4%, book-to-bill2 1.11x Operational EBITA margin2 11.2%, impacted 100 basis points by GEIS dilution and a further 100 basis points by stranded costs Net income $535 million, -6% Operational EPS2 $0.31, +5%3 Cash flow from operating activities -$256 million; solid cash delivery expected for the full year Global software partnership agreement with Dassault Systèmes announced “We delivered another quarter of solid orders and revenue growth demonstrating the quality and resilience of our portfolio despite the softening we have seen in some of our end-markets, particularly in discrete manufacturing and the automotive sector,” said ABB CFO Timo Ihamuotila. “We remain firmly focused on operational performance and the integration of GEIS; excluding the GEIS impact, our operational margin improved. We are well on track with the Power Grids separation and our four new leading businesses started operations on April 1 as planned. ... Wed, 17 Apr 2019 11:25:33 +0100 Bank of America Reports First-Quarter 2019 Financial Results (BUSINESS WIRE)-- Bank of America reported its first-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways: This press release features multimedia. View the full release here: Bank of America newsroom at Bank of America Investor Relations website at Business Wire's news webpage at Investor Conference Call information Chief Executive Officer Brian Moynihan and Chief Financial Officer Paul Donofrio will discuss the financial results in a conference call at 8:30 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795. Please dial in 10 minutes prior to the start of the call. Investors can also listen to a live audio webcast of the conference call and view the presentation slides by visiting the “Events & Presentations” section of the company's Investor Relations website. ... Wed, 17 Apr 2019 11:23:34 +0100 ABB Names Peter Voser as Interim CEO; Ulrich Spiesshofer Steps Down (BUSINESS WIRE)-- The Board of Directors of ABB and its CEO Ulrich Spiesshofer (55) have mutually agreed for him to step down from his role, which he has held since 2013. The Chairman of the Board, Peter Voser (61), will become interim CEO in addition to his current role with immediate effect. An official search to find a new CEO has been initiated. Peter Voser: “On behalf of the Board and the employees of ABB, I would like to personally thank Ulrich for his dedication and commitment to ABB's customers and employees, not only as CEO, but also in other executive roles at ABB since 2005. Under his leadership, ABB has been transformed into a global technology leader focused in digital industries. He strategically repositioned the company and built up growth momentum across all businesses. We wish him all the best for his future endeavors.” Voser added: “We will continue to focus on implementing ABB's strategy and delivering value to all our stakeholders. To achieve our key financial targets, we will proceed with the divestment of ABB's Power Grids business as planned, simplify the organizational structure of the group and deliver cost savings. ... Wed, 17 Apr 2019 11:09:08 +0100 Gulf Insurance Group – Kuwait Selects Beyontec Suite to Drive Digital Operations Beyontec, a global insurance information and technology solutions provider with significant business presence in Kuwait and Middle East Region today announced that it has been selected by Gulf Insurance Group Kuwait (gig-Kuwait) to implement the Beyontec Suite, its core solution, across General, Group Life, Finance and ERP Modules. gig-Kuwait is one of the largest insurance company in Kuwait in terms of written and retained premiums in general life, medical and motor segments. Established in 2007 as a subsidiary of Gulf Insurance Group (GIG), gig-Kuwait was the first and only local specialized life and health insurance Company in Kuwait. gig-Kuwait maintains its competitive edge through prudent underwriting and product innovation, and the implementation of cutting-edge information technology initiatives where it holds many ‘firsts' in the region. After a thorough due diligence across products and vendors, gig-Kuwait selected Beyontec as its technology partner to implement its core insurance platform – the Beyontec Suite. ... Wed, 17 Apr 2019 10:43:50 +0100 Algorand Publicly Opens TestNet (BUSINESS WIRE)-- Algorand, an open-source software and blockchain technology company, announced today the opening of its TestNet to the public at large. After a successful private TestNet period with several hundred participants, the company is now inviting all businesses, developers and users to engage with TestNet and provide feedback on the quality, function, and overall experience of the TestNet protocol. Backed by an initial $66 million in invested capital from a distributed group of global investors, the Algorand protocol was designed by MIT professor, cryptography pioneer, and winner of the prestigious Turing Award, Silvio Micali. As a decentralized, public and permissionless platform that supports the scale, open participation and transaction finality for billions of users, Algorand will enable businesses to create applications in a scalable, secure and trustworthy way. “Opening TestNet to the public is a major milestone on our journey to the open source release of the technology,” said Steve Kokinos, CEO at Algorand. ... Wed, 17 Apr 2019 10:39:51 +0100 Moody's Acquires Majority Stake in Vigeo Eiris, a Global Leader in ESG Assessments (BUSINESS WIRE)-- Moody's Corporation (NYSE: MCO) announced today that it has acquired a majority stake in Vigeo Eiris, a global leader in Environmental, Social and Governance (ESG) research, data and assessments. The acquisition furthers Moody's objective of promoting global standards for ESG for use by market participants. With products and capabilities based on ESG assessments and an extensive ESG database, Vigeo Eiris offers specialized research and decision-making tools for sustainable and ethical investments. Vigeo Eiris will continue to be headquartered in Paris, operating under its existing brand, and it will be an affiliate of Moody's Investors Service. The acquisition recognizes that ESG considerations are increasingly relevant to issuers, investors, counterparties and others as capital markets and other stakeholders seek clear and objective standards for understanding and measuring these factors. ... Wed, 17 Apr 2019 09:37:27 +0100 Bryan, Garnier & Co Makes Significant Move into the Nordics with the Acquisition of ... (BUSINESS WIRE)-- Today, Bryan, Garnier & Co announced the acquisition of Beringer Finance and the expansion of its partnership. Beringer Finance is a premier, Nordic-focused boutique investment bank with offices in Stockholm, Oslo, Reykjavik and Palo Alto. Throughout the past 10 years, Beringer Finance has advised on over 140 transactions, building a strong track record in the TMT, IT Services, and Fintech markets. The closing is subject to pending regulatory approvals and other customary closing conditions. Olivier Garnier, Co-founder and Managing Partner of Bryan, Garnier & Co comments: “Bryan, Garnier & Co is an independent partnership that combines highly experienced, entrepreneur-minded investment banking professionals with the services and expertise of a top-tier investment bank. The culture of excellence at Beringer Finance and our shared ambition to expand will be a strong driver to accelerate Bryan, Garnier & Co's development in the region, across our business lines and industry sectors. We are delighted to welcome Adalsteinn Johannsson and his team to lead this effort”. ... Wed, 17 Apr 2019 09:14:23 +0100 Frost & Sullivan Reveals Healthcare Transformations and Predictions for 2019-2020 in the ... In 2019, GCC countries will represent 13% of global revenues for healthcare products, with services growing at 12%. The region is witnessing increasing demand for healthcare services, largely driven by increased prevalence of chronic diseases and improved healthcare. While turmoil in oil prices continues, public health expenditure remains a priority for governments. The private sector will play a key role by entering into public-private partnerships. The rising demand for better healthcare services in the region and global advancements in medical technologies have opened up a number of opportunities for information technology (IT) organisations to tap into this growing sector. Technologies such as blockchain, wearables, internet of medical things and artificial intelligence will play a key role in the future of the sector. “Local production of generic pharmaceuticals is expected to create major opportunities, thereby boosting the regional economy through job creation, reduced unemployment, and increased export capacity in the GCC countries,” says Reenita Das, Partner & Senior Vice President, Transformational Health, Frost & Sullivan. ... Wed, 17 Apr 2019 09:07:32 +0100 French Biotech CellVax is Now Able to Propose Preclinical Studies in Large Animals (BUSINESS WIRE)-- Thanks to this strategic partnership, CellVax can now respond to the strong demand for optimal selection of models that represent the human disease best and is able to offer preclinical studies in large nonrodent species as well as diversified preclinical models or clinical trials. Large animal models are essential for the development of novel therapeutics for Cancer and Osteoarthritis (OA) fields, the two research specialties of CellVax. Through this partnership, the company has achieved a significant progress in its capacity to provide wide range of animal models for these diseases. From now on, CellVax offers to fully realize high value-added projects in China and France / Europe, including product registrations in China for European clients, or a better understanding of European markets for Chinese clients. Quicker funding to support the growth and to finance quality and R&D resources, innovation driver for CellVax Since February 2019, CellVax has made a strong commitment to enhance the quality of its preclinical studies. Currently, one large GLP toxicology and Bio-distribution study is ongoing at CellVax. ... Tue, 16 Apr 2019 15:03:18 +0100 Best's Special Report: UAE Takaful Companies Catching Up with Conventional Peers on ... (BUSINESS WIRE)-- Takaful operators continue to gain traction in the United Arab Emirates (UAE) insurance market as the Takaful segment's profitability has improved significantly in recent years, according to a new special report by AM Best. In its analysis of the preliminary disclosures of the nationally-listed Takaful operators on the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM), AM Best shows material improvements in overall performance, along with reasonable growth in gross written contributions (GWC). These improvements are in line with the increase in net earnings for the UAE market as a whole. In the research, titled, “UAE Takaful Companies Catching Up with Conventional Peers on Profitability in Highly Competitive Market”, AM Best notes in 2018, the listed insurers in the UAE generated combined gross written premiums (GWP) of AED 21.9 billion, of which the Takaful segment contributed AED 3.7 billion. A marginal decline of 0.5% in the conventional insurers' GWP was offset by the Takaful segment's GWC growth of 5.8%. Consequently, the market as a whole experienced modest growth of 0.5% in overall premium. ... Tue, 16 Apr 2019 13:08:15 +0100 Independent large real-world study comparing NOACs in AF-patients A recently published large retrospective comparative study investigated stroke, bleeding and mortality risks in older US Medicare patients treated with commonly marketed oral anticoagulants for non-valvular atrial fibrillation1 Results of the real-world study showed that Pradaxa® (dabigatran etexilate) was associated with a more favourable benefit-risk profile in comparison to both warfarin and rivaroxaban1 Data from an earlier FDA-funded Medicare study published in 2015, which investigated cardiovascular, bleeding and mortality risks among patients treated with dabigatran compared to warfarin, have recently led to a positive label update for Pradaxa® in the EU (BUSINESS WIRE)-- The results from an independent retrospective comparative study, published in January 2019 in the American Journal of Medicine, showed that dabigatran was associated with a more favourable benefit-harm profile than both warfarin and rivaroxaban. The study analysed a database of patients enrolled in US Medicare with non-valvular atrial fibrillation (NVAF) treated with either a standard dose of a non-vitamin K antagonist oral anticoagulants (NOAC, i.e. ... Tue, 16 Apr 2019 12:26:42 +0100 NMC to Open 70-Bed Multi-Specialty Hospital in Al Khan Sharjah NMC Healthcare has announced further expansion of their healthcare network in Sharjah. The company plans to open a multi-specialty hospital in the Al Khan neighborhood of Sharjah. This state-of-the-art hospital will provide specialised medical services to residents of the emirate of Sharjah and surrounding emirates. The hospital will start operations tentatively by the end of 2019.  Operated by NMC Health Plc. (NMC) – region's largest private sector healthcare provider, NMC is a group of worldwide healthcare network of 219 facilities and is the only London listed and FTSE 100 company from the region. This 70-bed hospital includes a total of 20 consultation rooms. The hospital's Pre and Post-operative Rooms, Triage Center, Emergency Room, Labor and Delivery Suites, ICU, MRI, CT Scan, Laboratory and Pharmacy will be equipped to the highest clinical standards.  For the comfort of patients and families, the facility also has a large parking area with complimentary valet service. ... Tue, 16 Apr 2019 10:44:13 +0100 Suqia Announces Details of 2nd Mohammed Bin Rashid Al Maktoum Global Water Award, with Prizes ... HE Saeed Mohammed Al Tayer, Chairman of the Board of Trustees of the UAE Water Aid Foundation (Suqia), announced details of the 2nd Mohammed bin Rashid Al Maktoum Global Water Award, launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The award encourages research centres, individuals, and innovators around the world to develop sustainable and innovative solutions using solar energy to address scarcity of potable water. Overseen by Suqia, under the umbrella of the Mohammed Bin Rashid Al Maktoum Global Initiatives, the award has three main categories: Innovative Projects Award, Innovative Research & Development Award, and Innovative Individual Award, with prizes totalling USD 1 million. The Innovative Projects Award targets government, semi-government, and non-government organisations. It has two categories: Large Projects Award with prizes worth USD 300,000, and Small Projects Award with prizes worth USD 240,000. ... Tue, 16 Apr 2019 09:54:04 +0100 Fluor Awarded U.S. Army's LOGCAP V Contract for U.S. Africa Command (BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) announced today that the U.S. Army Sustainment Command has awarded Fluor the Logistics Civil Augmentation Program (LOGCAP) V contract to provide regional forward planning support for U.S. Africa Command (AFRICOM). This LOGCAP V contract includes a one-year base period plus four one-year options. “Fluor has supported the Army's LOGCAP operations since 2008 and we are honored to continue that work as a LOGCAP V contractor,” said Tom D'Agostino, president of Fluor's Government Group. “As one of Fluor's most important customers, we are ready with the resources and capabilities to deploy anywhere and at any time to support the Army's operational objectives and to serve U.S. and coalition forces as they complete their missions in some of the most difficult and remote locations around the world.” As a multiple award task order contract, Fluor was one of four companies selected to execute the U.S. Army's LOGCAP contract through a competitively bid process. U.S. Africa Command - with partners - disrupts and neutralizes transnational threats, protects U.S. ... Tue, 16 Apr 2019 07:20:53 +0100 97% of Gemalto shares have been tendered to the Thales offer Following the Post-Closing Acceptance Period, which ended yesterday, approximately 97.02% of Gemalto shares have now been tendered to the Thales offer Settlement of Shares tendered during the Post-Closing Acceptance Period will take place on 18 April 2019 Thales will initiate the statutory buy-out proceedings as soon as possible in order to obtain 100% of the Shares Thales and Gemalto will ask Euronext to delist the Gemalto Shares shortly after Gemalto's 2019 annual general meeting, to be held on 28 May 2019 (BUSINESS WIRE)-- Regulatory News: Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 29 March 2019 on the results of the recommended all-cash offer by Thales for all the issued and outstanding shares of Gemalto (the Offer) in which the Offer was declared unconditional and the Post-Closing Acceptance Period was announced. Terms not defined in this press release will have the meaning as set forth in the Offer Document. ... Tue, 16 Apr 2019 06:38:54 +0100 Mashreq Raises the Bar on Premium Card Payment Experience with IDEMIA (BUSINESS WIRE)-- Mashreq Bank, one of the leading financial institutions in the UAE, boasts a proud tradition of introducing cutting-edge banking products for its customers. It was the first bank to introduce “Portrait”, the UAE's first “selfie” credit card, which allowed card holders to upload a photo of their choice from their cell phone and receive a customized credit card. Driven by its innovative culture, Mashreq was also one of the early adopters of metal cards in the UAE. Leveraging IDEMIA's smart metal technology, Mashreq introduced personalized metal cards as a premium payment instrument, replacing the Solitaire card, for its high-end customer segment in 2016. Mashreq and IDEMIA: a history of leadership Powered by IDEMIA's expertise in design and personalization services, the Mashreq metal bank card serves as a prestigious and unique status symbol for its card holders. This drive to ensure customer excellence has seen Mashreq Bank issue over 15,000 metal cards to its premium customers since its introduction. This is the highest number of metal cards issued by a single bank in the UAE. ... Mon, 15 Apr 2019 14:49:56 +0100 State Street Appoints Francisco Aristeguieta to Lead Its International Business (BUSINESS WIRE)-- State Street Corporation, (State Street), NYSE:STT today announced that it has appointed Francisco Aristeguieta to chief executive officer for its international business. Aristeguieta, who joins the company in July, will report to State Street president and CEO, Ron O'Hanley and become a member of the Company's Management Committee, its senior-most strategy and policy making group. Aristeguieta, age 53, joins State Street from Citigroup where he most recently served as CEO of its Asia business, overseeing 60,000 people and a third of the company's earnings. Prior to that role he served as head of Citigroup's business in Latin America and before that led its Transaction Services Group in Latin America encompassing securities servicing, trade and cash management, and was vice chairman for Banco de Chile. His many non-profit and industry group board appointments include The Asia Society, Junior Achievement Americas, and The American Chambers of Commerce of Latin America. “We are delighted to welcome Francisco to State Street,” said Ron O'Hanley. ... Mon, 15 Apr 2019 12:33:59 +0100 Boehringer Ingelheim acquires stake in SoundTalks NV, begins pilot programme • Boehringer Ingelheim plans a pilot programme using the innovative SoundTalksTM system in select pig barns • The goal is to harness the power of digital innovation and technological change to detect possible respiratory distress in swine quickly (BUSINESS WIRE)-- Boehringer Ingelheim has acquired a minority stake in SoundTalks NV, a Belgian company. SoundTalks NV has developed a digital monitoring tool that seeks to improve the healthcare of pigs and helps farmers operate more efficiently. “We are proud to partner with SoundTalks NV to offer an innovative solution to pork producers,” shares Rolf-Dieter Günther, Head of Diagnostics & Monitoring, Boehringer Ingelheim Animal Health Business Unit. “Technological innovation is transforming the animal health industry, and we are committed to developing solutions that help veterinarians and ultimately farmers as well as pet owners.” Boehringer Ingelheim plans to install the SoundTalksTM system in select pig barns in the US and other major swine markets this spring in a pilot programme. “We are very pleased with this partnership. ... Mon, 15 Apr 2019 09:48:45 +0100 New post-hoc analysis of EMPA-REG OUTCOME® examined cost-effectiveness of empagliflozin versus ... Empagliflozin, in addition to standard of care, has the potential to improve economic outcomes for people with type 2 diabetes and established cardiovascular disease who also have diabetic kidney disease, from a US payer perspective1 Cost effective analysis used modeling and simulations based on subgroup data from EMPA-REG OUTCOME® to predict clinical events and estimated costs for people with type 2 diabetes and diabetic kidney disease1 Empagliflozin is not indicated for the prevention of kidney disease (BUSINESS WIRE)-- Boehringer Ingelheim and Eli Lilly and Company (NYSE:LLY) today announced results from a new cost-effectiveness analysis of the EMPA-REG OUTCOME® trial in a subgroup of 2,250 people with type 2 diabetes and established cardiovascular disease who also have diabetic kidney disease.1 Results suggest that treatment with empagliflozin, in addition to standard of care, leads to fewer cardiovascular and renal events, and has the potential to be a cost-effective treatment option for people with type 2 diabetes and diabetic kidney disease from the perspective of payers in the US. ... Mon, 15 Apr 2019 09:38:07 +0100 Turkeyol: The Volume of Trade Between the Middle East and Turkey Has Surpassed 40 Billion US ... (BUSINESS WIRE)-- The figures provided by e-commerce platform Turkeyol indicate that the volume of trade between the Middle Eastern countries and Turkey grew by 25% in the last decade to 42,913 million US Dollars. The largest growth of trade volume was recorded with Iraq with 141%, followed by Yemen with 105%, Jordan with 97% and Saudi Arabia with 59%. 75% of the trade between Turkey and the Middle Eastern countries was with Iraq, United Arab Emirates, Saudi Arabia and Qatar. The volume of trade between the Middle Eastern countries and Turkey is expected to reach 50 billion US Dollars by the end of 2019. The volume of exports from the Middle Eastern countries to Turkey increased by 40%. Noting that the volume of trade between Turkey and the Middle Eastern countries would increase through e-export, Yusuf Yenitürkoğulları, the founder of Turkeyol, said: "E-export is of critical importance for the region. At Turkeyol, we have set up an online platform for wholesale purchases and sales and eliminated all barriers that might be faced with in the course of commercial activities. ... Mon, 15 Apr 2019 09:01:41 +0100 Governance in Times of Rapid Change: Hawkamah and ICSA to Emphasise the Impact of Corporate ... Hawkamah's annual conference will be held in partnership with ICSA: The Governance Institute, the leading professional body for governance in the UK The institutes are promoting the best governance trends in the region The 2019 conference will explore how good governance can boost sustainability Hawkamah, The Institute for Corporate Governance, will hold its thirteenth annual conference in Dubai on April 25, 2019 in partnership with ICSA: The Governance Institute, the professional body for governance in the UK, Republic of Ireland and Associated Territories, Channel Islands and the Isle of Man. At the 2019 conference – ‘Towards Sound Corporate Governance and Sustainable Growth: Strengthening the Role of Companies in Society' – experts from around the world will gather at the Armani Hotel to explore how different countries are approaching governance challenges, with a special emphasis on large, non-listed companies. They will also look at the ways in which good corporate governance practices support sustainable growth in the face of rapid change and growing economic pressures. ... Mon, 15 Apr 2019 08:37:07 +0100 SNC-Lavalin appoints Craig Muir as President of its global Resources sector SNC-Lavalin is pleased to announce that Craig Muir has been appointed President, Resources, effective April 08, 2019 reporting to Ian Edwards, Chief Operating Officer. As part of the Executive Committee, Mr. Muir is based in the United Arab Emirates and leads the company's global Resources sector, including oil and gas, and mining and metallurgy markets. “As a global leader in oil and gas, and mining and metallurgy markets, SNC-Lavalin has built a proven track record of delivering a multitude of world-class projects and developing long-term relationships with top tier clients,” said Ian Edwards. “I am very excited about the appointment of Craig Muir who brings of wealth of international experience to our Resources sector. Located in the Middle East, which is a high growth region, I'm confident that he'll continue to leverage our combined strengths and lead our business expansion globally.” With over 30 years of experience in the offshore and onshore oil and gas industry, Mr. ... Mon, 15 Apr 2019 07:33:02 +0100 Sharjah Ruler Opens Historic Dh 6-Billion Khorfakkan Highway Along with Number of Ambitious ... HH Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, accompanied by HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, and HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, inaugurated on Saturday the new Khorfakkan highway. Extending 89 kilometers and with an estimated cost of Dh 6 billion, the new highway is the latest addition to the world-class roads network of Sharjah and the UAE, linking the arterial Emirates Road (E611) in Sharjah with Wadi Shi Square in Khorfakkan. HH the Ruler of Sharjah and HH the Ruler of Ras Al Khaimah inspected the intersections, tunnels and underground crossings of the new highway that passes through deserts, plains and mountains. The highway includes 14 intersections, and 7 underground crossings along with five pairs of tunnels dug through high mountains. These include Al Sidra Tunnel (2700 metres), which is the longest covered mountain tunnel in the Middle East. Their Highnesses also inspected Al Rafisah Dam, one of the most important family tourism destinations in Khorfakkan. ... Mon, 15 Apr 2019 07:10:31 +0100 Ferns N Petals Opens up a New Gift Shop in Abu Dhabi - A Customer Friendly Move (BUSINESS WIRE)-- Ferns N Petals, World's largest florist chain and leading online gifting portal with its delivery services across UAE, India and 70 more countries, has recently opened a new retail outlet in Abu Dhabi on 1st April. This move is in line with company's expansion strategy in the UAE. With the new retail gift shop in Abu Dhabi, customers can now see the products physically and also get them custom made as per their choice. It will also give them the immediate satisfaction of taking items home with them. The Company has also started fixed time delivery, two-hour delivery, midnight delivery, and morning delivery services in Abu Dhabi on most of the gifts and other products, such as flowers, cakes, plants, chocolates, perfumes, and personalised gifts. Earlier, these special delivery services were only available in Dubai. It will offer an excellent shopping experience to customers and allow them to get gifts delivered to their loved ones in a fixed time frame. If customers are looking for last minute gift delivery options then they can get gifts and flowers delivered to the doorstep of their loved ones via FNP's two-hour delivery service in Abu Dhabi. ... Sun, 14 Apr 2019 11:53:44 +0100 Dofreeze LLC Enters Distribution Arrangement with ATS, the FMCG arm of Mohamed Yousuf Naghi and ... Dofreeze LLC, a leading bakery snack company based in Dubai offering market-leading products across four continents to over 50 countries, is celebrating the beginning of 2019 with a bevy of exciting announcements, including its agreement with Arabian Trading Supplies, a company belonging to Mohamed Yousuf Al Naghi and Brothers Group. Through this agreement, Eurocake bakery snack products will be distributed to large and small supermarkets and groceries across KSA. ATS distributes globally esteemed brands such as Mars, L'Oréal, Reckitt Benckiser, Vichy, Lavazza and many more. ATS was previously distributing Americana's bakery range and will replace Americana with Eurocake in its network as of February 2019. A full range of Eurocake snacks such as cakes, brownies, and cookies will be available across all KSA supermarkets and groceries. Established in 1999, Dofreeze is the company name that symbolizes a diversified, forward-thinking and trend-setting bakery snacking business based in Dubai. ... Sun, 14 Apr 2019 08:20:13 +0100 Mazaya Government Services- A Year of Success Mazaya Government Services Center celebrates the first anniversary of its establishment, underlining a remarkable success story in the governmental services sector. During this year, the Center was distinguished by earning the trust of a significant number of customers across all sectors at the Emirate of Dubai. The parent company, On-Time Government Services, endeavored to establish Mazaya Government Services Center, strategically located at Sheikh Zayed Road, near Business Bay and Dubai Mall, in the heart of the Emirate. The center aims to provide a set of governmental services to allow any investor or resident in the United Arab Emirates to overcome all challenges they might face. The Center has successfully completed more than 70,000 transactions and served more than 25,000 customers till date, considering the implementation of the seven-star services criteria of the UAE Governmental Services Excellence Program. ... Sun, 14 Apr 2019 06:52:13 +0100 Wiseasy Makes Inroads into Middle East, Introduces New Gen AI Service Terminal  Beijing Wiseasy Technology Co., Ltd., China's next generation business payment solution provider is delighted to announce the launch of WISEBOT3, a revolutionary AI service terminal with capabilities such as face recognition and voice interaction at the Wiseasy Global Symposium in Dubai.  With this device, Wiseasy is making its foray into the Middle East and will demonstrate its prowess as the world leader in smart POS and solutions provider. Mr. Li Yan, founder and CEO of Wiseasy notes, “We believe after 2018, there are only two types of business terminals, AI capable and non-AI capable. The era of dividing business terminals by intelligent systems and functional systems is over. Terminals without AI capabilities will be trapped in a price war;terminals without operational capability and service value will be eliminated as a result of the use of intelligent operating systems.  Based on this market trend, we are introducing several AI service terminals into the market place." WISEBOT3 is a combination of several exclusive functions like face recognition for membership, automatic discount, personalized marketing and other self-check services. ... Sun, 14 Apr 2019 06:38:22 +0100 AURAK Celebrates 10 Years of Excellence The American University of Ras Al Khaimah (AURAK) celebrated its tenth year anniversary and its newly acquired accreditation through Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) by hosting “AURAK's 10th Anniversary Ceremony and AURAK's SACSCOC Accreditation Celebration” under the patronage of His Highness Sheikh Mohammed Bin Saud Bin Saqr Al Qasimi and presence of Sheikh Saqr Bin Saud Bin Saqr Al Qasimi. AURAK celebrated its tenth year of “helping students reach the summit of their dreams”. The Dean of the Office of Student Services and Enrollment Management, Professor Lee Waller, served as the Master of Ceremony for the University's anniversary celebration and commenced the evening by welcoming guests and introducing the AURAK President, Professor Hassan Hamdan Al Alkim, who enumerated AURAK's many triumphs of the past ten years including the establishment of four undergraduate programs and one graduate program; the construction of RAKBank Building, AURAK's SCOPUS ranking of twelfth and the acquiring of SACSCOC accreditation and ABET accreditation. ... Sun, 14 Apr 2019 05:03:51 +0100 Amorepacific Group holds an event for its 1st anniversary in the Middle East Global beauty leader Amorepacific Group (Chairman and CEO Suh Kyung-bae) held an event at Burj Khalifa in Dubai, UAE in celebration of its 1st anniversary in the Middle East and shared its heritage as a K-beauty leader with innovative technology as well as a global beauty trendsetter. A total of about 100 participants including UAE's major media outlets, key social media influencers in Dubai, Kuwait and Saudi Arabia and industry insiders came to honor the event. At the event, Amorepacific Group presented its global business strategy targeting North America, Europe and Asia and its core R&D technology, along with a makeup show to introduce K-beauty tips. The event also featured its global luxury premium skincare brands - Sulwhasoo and LANEIGE - and French high perfumery brand Goutal Paris, as well as ETUDE HOUSE and innisfree, which are widely embraced by millennial customers. ... Sun, 14 Apr 2019 04:33:11 +0100 XPRIZE Awards $1 Million ‘Moonshot Award' to Team SpaceIL (BUSINESS WIRE)-- XPRIZE, the global leader in designing and operating world-changing incentive competitions, announced it will recognize SpaceIL's achievement with a $1 million Moonshot Award for its successful entry into lunar orbit and for its attempt to land on the lunar surface – both of which are “firsts” for a privately-funded entity, marking a new era in space exploration. SpaceIL's robotic lander, Beresheet, Hebrew for “Genesis,” came very close to touching down on the Moon yesterday, but ultimately failed to soft-land during its final descent. As it prepared for landing, Beresheet experienced a main engine failure and lost communication with mission control in Tel Aviv, suggesting the lander crashed into the surface. “SpaceIL's mission not only touched the Moon, it touched the lives and hearts of an entire world that was watching,” said Peter H. Diamandis, executive chairman and founder of XPRIZE. “The legacy SpaceIL will have on the future of the space industry is significant. This team's ability to build a lunar lander for $100 million and less than 50 engineers is remarkable, a leap forward towards affordable and accessible space exploration. ... Sat, 13 Apr 2019 12:59:24 +0100 Tiny Acquires Top Shopify Partner, Pixel Union, Commits $25MM in Acquisition Capital (BUSINESS WIRE)-- Tiny, a Canadian technology holding company, today announced that it has acquired a majority stake in Pixel Union, a leading partner in the Shopify ecosystem. Since 2011, Pixel Union has provided Shopify's customer base with beautiful and easy-to-use themes, apps, and custom services. "It's clear that ecommerce is the future, but many people miss just how early in the story we still are. In 2018, only 14% of total retail sales happened online. That volume is set to more than double in the next decade and we want to help make that happen," said Andrew Wilkinson, Chairman of Tiny. "Shopify is the best ecommerce platform in the market and is well-positioned to help bring more retailers online. We could not be more excited to throw our full weight behind the platform and to continue to invest our time, energy, and capital into making Shopify the #1 choice for online retailers." Tiny founded Pixel Union in 2009 and sold a majority stake to Teligence Capital in 2014. ... Sat, 13 Apr 2019 12:26:18 +0100 Gillette Gaming Alliance Heads to Inaugural TwitchCon Europe (BUSINESS WIRE)-- Gillette (NYSE: PG), the world's leading expert in men's grooming, today unveiled its plans for a one-of-a-kind fan experience at TwitchCon Europe, which will take place in Berlin from April 13-14, while further highlighting the Gillette Gaming Alliance (GGA), a team of 11 Twitch streamers from 11 countries, that was announced last month in partnership with Twitch. “We are really excited to be heading to TwitchCon Europe, the first event outside of the U.S., with our Gillette Gaming Alliance members - some of the best streamers from around the world,” said Jaweria Ali, Global Marketing Director at Gillette. “As a brand, we are committed to sparking and contributing to positive change through our ‘The Best Men Can Be' efforts, and we are thrilled to bring this important initiative to the Twitch community while supporting our Alliance members and engaging with both esports and gaming fans alike. ... Sat, 13 Apr 2019 10:49:54 +0100 Newmont Shareholders Vote Overwhelmingly to Create World's Leading Gold Company (BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced that the Company's shareholders voted overwhelmingly to approve the authorization and issuance of Newmont common shares in connection with the proposed transaction with Goldcorp Inc. (NYSE: GG, TSX: G) (Goldcorp). On April 4, 2019, Goldcorp's shareholders also voted overwhelmingly in support of the combination with more than 97 percent of votes cast in favor of the transaction. The proposal to increase authorized common stock required a majority of shares outstanding, whereas the proposal to issue shares for the transaction required a majority of votes cast. Newmont shareholders approved the increase in Newmont's authorized common stock with more than 76 percent of the outstanding shares voting for the proposal and approved the issuance of shares pursuant to the transaction with more than 98 percent of the votes cast for the proposal. “We thank Newmont's shareholders for their overwhelming support for this compelling value creation opportunity as we build the world's leading gold company,” said Gary Goldberg, Chief Executive Officer. ... Sat, 13 Apr 2019 10:18:11 +0100 Mavenir Wins Best Radio Access Network (RAN) Product at 5G MENA (BUSINESS WIRE)-- Mavenir's 5G-ready virtualised RAN solution has won ‘Best RAN Product' at 5G MENA in Dubai, this week. The award, which recognises the solution that best aids the development of RANs and supports the roll-out of 5G services, was awarded to Mavenir's innovative solution which centralizes baseband processing in cloud-native virtualized baseband units (vBBU) and exploits fronthaul over ethernet between vBBU and multiple remote radio units (RRU). The solution supports carrier aggregation across licensed and unlicensed LTE (FDD/TDD) spectrum between 0.7 and 6 GHz, CBRS and LAA bands. The Mavenir vRAN architecture and platform can support 4G as well as both the NSA and SA implementations of 5G NR. With open interfaces, the solution has the flexibility to support various deployment scenarios – including functional split 2 for enterprises and split 2 & 7 for macro cells. It can also support massive MIMO, edge micro services and network slicing for 5G NR. ... Sat, 13 Apr 2019 09:52:17 +0100 Hilton Expands Presence in Colombia with Debut of New Hotel in Bogota (BUSINESS WIRE)-- Hilton (NYSE: HLT) today officially announces the opening of Hilton Bogota Corferias, representing Hilton's 20th property in the country. As the first full service hotel in the city's fair and convention district, the 410-room property features more than 13,000 sq. ft. of flexible meeting and event space, including the largest terrace in the area that offers both indoor/outdoor space and spectacular mountain views.  “Colombia's tourism industry continues to set records with a nine percent growth in visitor arrivals last year, maintaining a positive year over year momentum,” said Jorge Giannattasio, senior vice president and head of operations, Caribbean and Latin America, Hilton. “The market's consistent growth paves the way for further tourism development and we are proud to play a significant role in this boom with the opening of our 20th hotel in the destination – Hilton Bogota Corferias. Hilton has been welcoming guests for nearly 100 years, and we are thrilled to continue extending our mission to be the world's most hospitable company throughout this incredible country. ... Sat, 13 Apr 2019 09:16:30 +0100 Global Leaders Take the Stage at MWC Shanghai 2019 (BUSINESS WIRE)-- The GSMA today announced the newly introduced Digital Leaders Programme, the first event speakers, Masterclass Programme and new exhibitors and partners for MWC Shanghai 2019, taking place 26 – 28 June 2019 at the Shanghai New International Expo Centre (SNIEC). MWC Shanghai 2019 is set to attract more than 60,000 professionals and 550 leading companies from over 110 countries and territories across the mobile ecosystem and adjacent sectors. GSMA Launches Digital Leaders Programme The new Digital Leaders Programme is a C-Level programme that will bring business leaders from across the broader mobile ecosystem and vertical industries to tackle common challenges in the new digital era, and to advocate the best way to deliver future services to consumers. The Digital Leaders Programme will be launched on 11 April at the Formula 1 Shanghai International Circuit, senior executives from CITIC Telecom, Foxconn, HTC, Huawei, Jones Lang Lasalle China, McKinsey Digital in China, Nokia Bell, Qualcomm, Shanghai Mobile and ZTE, among others are confirmed to attend the launch event. ... Sat, 13 Apr 2019 08:26:04 +0100 FLIR Systems Awarded $48.1M from U.S. Department of Defense for the Sensor Suite Upgrade for ... (BUSINESS WIRE)-- FLIR Systems, Inc. (NASDAQ: FLIR) announced today it has received an award from the United States (U.S.) Department of Defense (DOD) Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense (JPEO-CBRND) in support of the Nuclear Biological Chemical Reconnaissance Vehicle Sensor Suite Upgrade (NBCRV SSU) program for the U.S. Army. The Other Transaction Authority Agreement (OTA) is valued at $48.1 million, with execution extending through mid-2022. FLIR will be the lead integrator in the modernization of the U.S. Army's NBCRV system. Under the agreement, FLIR will develop a platform agnostic modular mission payload, which integrates multiple chemical, biological and radiological sensors into a flexible command and control (C2) system. This C2 system will allow for data integration from the various sensors that will enable automation of certain tasks, reducing warfighter burden. The C2 system and the automation will allow for collaboration between manned Stryker vehicles, unmanned ground vehicles (UGVs), and sensor integrated drone platforms. “We are proud to be chosen by the U.S. ... Sat, 13 Apr 2019 07:52:35 +0100 IDEMIA Launches Enhanced Security Smart Cards Resistant to Quantum Computers (BUSINESS WIRE)-- Asymmetric cryptosystems are at the heart of digital security as they are the cornerstone for the Public Key Infrastructure (PKI), as well as – amongst other things - secure authentication, digital Identities and trusted services. In particular, they are widely deployed in secure elements to perform safe authentication of people and things (IoT). Indeed, it is believed that quantum computers will be able to break various asymmetric cryptographic algorithms (such as RSA or ECC) within the next 20 years. To make quantum-resistant smart cards, IDEMIA, the global leader in Augmented Identity, has implemented in a secure element/smart card, an asymmetric post-quantum algorithm creating an unforgeable signature when using a quantum computer for enhanced authentication. Documents can be signed in less than 2 seconds, ensuring a frictionless user experience. These IDEMIA smart cards are now resistant “by design”. IDEMIA is one of the only companies which offer quantum-safe asymmetric cryptosystems, capitalizing on secure elements/smart cards, which offer portability and confidentiality of secret elements (keys and PIN/Biometric credentials). ... Sat, 13 Apr 2019 07:17:05 +0100 Kuwait Finance House Chooses IDEMIA's Technology for the Country's First Metal Payment Card (BUSINESS WIRE)-- IDEMIA, the global leader in Augmented Identity, is delighted to announce its partnership with Kuwait Finance House (KFH) to offer the first metal payment card in the country. This full-metal-card is the most premium product of the IDEMIA Smart Metalrange. Long considered a pioneer in Shar'iah compliant banking and one of the foremost Islamic financial institutions in the world, KFH has set another record with the introduction of Kuwait's first metalpayment card. Partnering with IDEMIA, KFH will offer its new metal cards as an upgrade to a select group of its premium customers. Bearing a one-of-a-kind laser-engraved design that demonstrates the bank's commitment to service and innovation, IDEMIA's smart metal card allows KFH to offer a distinct payment experience and unique status symbol to its high net worth customer segment. For over 18 years, KFH has leveraged IDEMIA technology and design expertise to introduce a variety of innovative and market-leading card products to Kuwait. ... Fri, 12 Apr 2019 13:27:28 +0100 RF IDeas Introduces Secure Segment Readers for LEGIC Contactless Smart Cards (BUSINESS WIRE)-- RF IDeas, provider of the leading enterprise platform for identity acquisition within secure authentication and access solutions, now offers smart card readers for LEGIC credentials designed for easy integration into third-party systems of all kinds, including, multifunction printers, healthcare devices, automation controllers and more. In use worldwide, LEGIC smart cards incorporate a patented master-token security concept and can encode additional data for up to 127 custom security applications. However, only a LEGIC-compatible reader can be configured to read this additional data, and these advanced features often go unused. Now, RF IDeas is introducing two readers designed to unlock the full potential of LEGIC technology: pcProx®, a single-frequency reader for LEGIC and other 13.56 MHz smart cards pcProx® Plus SP, a dual-frequency reader for 125 kHz proximity cards and 13.56 MHz smart cards, including LEGIC, featuring an ultra-slim form factor for easy integration on or within the device. ... Fri, 12 Apr 2019 12:38:45 +0100 ResMed Introduces AirFit P30i, Its First Top-of-Head-Connected Nasal Pillows CPAP Mask (BUSINESS WIRE)-- ResMed (NYSE: RMD, ASX: RMD) today introduced its second top-of-head-connected CPAP mask for treating sleep apnea, a new nasal pillows option, AirFit P30i. The mask's “tube-up” connection, also featured on ResMed's AirFit N30i nasal mask released in January, keeps tubing out of the wearer's way so they can move and sleep in any position. AirFit P30i fits 90 percent of wearers with just two frame sizes and three cushions, helping home medical equipment (HME) providers fit patients easier and faster. “The AirFit P30i provides great freedom of movement for patients who want an unobtrusive nasal pillows mask,” said Jim Hollingshead, president of ResMed's Sleep business. “This unique pillows tube-up frame is a great addition to our growing mask family, and it's easy for sleep labs and HMEs to stock and fit.” How AirFit P30i compares In a clinical study comparing AirFit P30i to the other tube-up nasal pillows mask: CPAP users preferred AirFit P30i nearly 2 to 1. More than 70 percent whose preference was based on mask seal preferred AirFit P30i. Twice as many reported AirFit P30i is easier to use and more comfortable. ... Fri, 12 Apr 2019 09:57:59 +0100 Taulia Announces Partnership with Google Cloud to Solve Invoicing with AI (BUSINESS WIRE)-- Taulia, a leading fintech company, partners with Google Cloud to launch AI-powered invoicing solution. The solution launching at Google Cloud Next ‘19 showcases how Taulia has addressed the pain businesses experience processing invoices. Supplier invoices are typically generated in a myriad of formats containing unstructured data that is difficult to process using current technology. This antiquated workflow results in a large amount of manual intervention, high administrative burden and ultimately delay of vital payments. A Gartner study suggests that upwards of 80% of all data created by businesses globally is in unstructured formats. Cognitive Invoicing enables businesses to successfully process invoices in any file format from their suppliers. The solution leverages the optical character recognition (OCR) capabilities of Google Cloud's Document Understanding AI to read and interpret unstructured supplier invoice data in Taulia's global invoicing platform. Exceptions are easily handled on a collaborative basis - in the cloud - with the ability for corrections to be made by either party. ... Fri, 12 Apr 2019 09:09:52 +0100 Rahi Provides Certified Training Program to Customers and Partners (BUSINESS WIRE)-- Rahi Systems has partnered with CNet Training to deliver a three-day Certified Data Center Design (CDCD) program to select customers and vendors. Rahi is offering eight sessions throughout 2019 at locations in the U.S., Europe and Asia. This unique program condenses CNet's five-day CDCD course into a focused three-day session. It is designed for individuals who are involved in the day-to-day management of existing data center facilities, or who are seeking to better understand best practices in the design of new facilities. Participants who successfully complete the program gain the industry-recognized Level 5 BTEC Professional qualification and may use the CDCD designation in their professional titles. “Many of our customers are looking to optimize their data centers to improve energy efficiency and meet today's business demands,” said Bill Muczko, Executive Vice President of Sales, Rahi Systems. “CNet's program directly addresses these requirements in terms of electrical distribution, cooling, cabling and other elements of the physical infrastructure. ... Fri, 12 Apr 2019 08:36:29 +0100 Velodyne Lidar Wins 2019 Automotive News PACE Award (BUSINESS WIRE)-- Velodyne Lidar, Inc. was named a 2019 Automotive News PACE Award winner at an awards ceremony on April 8 in Detroit. Velodyne was the only lidar provider to win this prestigious award, which distinguishes automotive suppliers for superior innovation, technological advancement, and business performance. Velodyne was recognized for the Velodyne Alpha Puck™, a lidar sensor specifically made for autonomous driving and advanced vehicle safety at highway speeds. Perfect for Level 4-5 autonomy, the sensor produces an image best described as “stunning,” with the highest resolution data set in the world. It boasts the longest range for highway driving and maximum safety. “Velodyne is honored to have the Alpha Puck celebrated for achieving automotive innovation excellence by Automotive News and its expert judges,” said Marta Hall, President and CBDO, Velodyne Lidar. “The culmination of ten years of lidar development and learning from millions of road miles, the Alpha Puck demonstrates Velodyne's leadership position in providing the smartest, most powerful lidar solutions for autonomy and driver assistance. ... Thu, 11 Apr 2019 13:25:48 +0100 First Step of Steel Wood Industries, a Dubai Based SDB-Factory, Into Europe to Aid in “Carbon ... Steel Wood Industries, SWIdxb, Dubai Ranch, announces the signature of LOI in April of a multi-million-euro expansion of operations in Italy with Job Service Spa Italy. Ghassan Afiouni, Managing Partner of Steel Wood Industries and Mr. Postiglione Luigi CEO of Job Service Spa forecast to see SWItaly operating on European land. The Technology-based facility is entering the European Market via Italy to support SWItaly in efforts to recover millions of tons annually of unusable wood to generate SDB-Panels. This recovery captures millions of tons of Carbon Dioxide credits annually, which will turn, once the infrastructure is set, in a tradable commodity along with the ability to sell the multi-awardwinning SDB boards manufactured solely by Steel Wood Industries for the European market. Luigi commented, “SWI is not only a business, it's a model and a vision that engages in saving earth from climate change perspective and allows for more control of tree-trimming by other wood mills. SWI does not cut trees to manufacture SDB, and in fact, SDB is recyclable producing a re-recycled material with properties superior to the “mother” raw material, wood!”. ... Thu, 11 Apr 2019 11:36:44 +0100 Andersen Global Presence Spreads in Spain (BUSINESS WIRE)-- Andersen Global announced today the expansion of its presence in Spain with the addition of a new collaborating firm, Perez Moreno Abogados, located in Seville. The addition will be the sixth location for Andersen Global in the country of Spain and second in Seville. The Public and Regulatory Law firm in Andalucía has five lawyers and offers legal service to major commercial and institutional corporations. Founder, Managing Director and University of Seville law professor, Dr. Alfonso Pérez Moreno along with his team, will join the practice led by José Vicente Morote, Andersen Global's European Legal Coordinator and Head of the Public and Regulatory Law practice in Madrid, Valencia and Seville. Perez Moreno Abogados is well-known for its guidance to clients in all matters of administrative law. “The regulatory landscape across every region of the globe is evolving rapidly,” said Alfonso. “It's such a fascinating time to be in the field of law. We are really looking forward to connecting with our experienced colleagues across the region and the world. ... Thu, 11 Apr 2019 08:19:53 +0100