Korindo in its Transition to an Eco-Friendly Company ACN Newswire

Korindo in its Transition to an Eco-Friendly Company

JAKARTA, Oct 3, 2022 - (ACN Newswire via SEAPRWire.com) - Environmental issues and climate change get increasingly highlighted as nature declines at unprecedented speed and level. Continuous innovations and mass movements become necessary to soften impacts from the crises.Korindo Group acknowledges the need to transform into a more environmentally-friendly company by creating breakthroughs in its various business units. An example of this is Cibubur Square Rest Area, with which the company tries to alleviate organic waste dumping issues. Operated by Korindo Group, the public facility includes a bioconversion waste processing plant with BSF (Black Soldier Flies) as its biological agent."Poor food waste management practices remain prevalent in many places, and these practices bring negative long-term impacts to nature and human health. That is why we built this facility," said Seo Jeongsik, Korindo Foundation's General Secretary.Aside from being environmentally beneficial, the bioconversion process is relatively safe for the surrounding area and community. Of all 800 fly species on earth, the Black Soldier Fly stands out for its non-pathogenic nature and the absence of disease agents.This project marks the foundation's second collaboration with Forest For Life Indonesia (FFLI). In 2018, they built a similar plant in Lombok, West Nusa Tenggara.For years, Korindo Group has strived to be more eco-friendly, especially in developing its businesses. Its Paper Division has been awarded as an environmentally-friendly paper producer by the UN Environment Programme (UNEP), due to its use of recycled product.As we know, recycling is one of the ways to solve environmental problems caused by deforestation. Yet, despite using recycled material, Korindo Group pays attention to product quality by upholding ISO 9001:2015 Quality Management System.Korindo's Paper Division is one of the largest newsprint suppliers in Southeast Asia. Its mill is provided with DIP (Deinked Pulp) and paper machines with a total capacity of 330,000 MT per year. Boasting such a large capacity, the Division partners with a number of esteemed media companies, both domestic and abroad (Japan, United States, European countries). Korindo Group is also the region's only wind tower manufacturer, with more than 50 years of operation. The wind towers help industries generate environmentally-safe renewable energy.The factory has a production capacity of 500 towers per year, and received certification for ISO 14001:2000, ISO 9001:2000, and The National Board of Boiler & Pressure vessel DIN 18800-7 Class E Japan H-Grade. Today, over 3,000 towers (6 gigawatt) have been created and delivered around the world.Korindo Group, a leader across multiple industries in the South East Asian market, have a lot to be proud of. Over our 50 years of operation, we've built up our business by making a significant contribution to the country's economic development while simultaneously upholding environmentally friendly, future-oriented practices. Official Corporate Website: www.korindo.co.idOfficial News Website: www.korindonews.comOfficial Foundation Website: www.korindofoundation.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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NTT DOCOMO and NEC Reduce Power Consumption for 5G SA Core by an Average of 72% using AWS Graviton2, Followed by a Successful Onboarding of 5G SA Core on Hybrid Cloud JCN Newswire

NTT DOCOMO and NEC Reduce Power Consumption for 5G SA Core by an Average of 72% using AWS Graviton2, Followed by a Successful Onboarding of 5G SA Core on Hybrid Cloud

TOKYO, Sep 29, 2022 - (JCN Newswire via SEAPRWire.com) - NTT DOCOMO, INC. (DOCOMO) and NEC Corporation (NEC) today announced the completion of a trial to test energy efficiency and high performance of AWS Graviton2 processors across key elements of the 5G core network (5GC). The trial demonstrated an average of a 72% reduction in power consumption against incumbent x86 processors using NEC's 5GC software running on AWS Graviton2. The trial tested performance within a 5GC hybrid cloud environment leveraging AWS Graviton2 and DOCOMO's on-premises Network Functions Virtualization (NFV) infrastructure.These results support the future realization of a hybrid cloud environment for telecommunication networks, which enables mobile operators to provide enhanced disaster-resilient networks to customers.AWS Graviton2 processors deliver a major leap in performance and help reduce the carbon footprint of IT workloads through energy efficiency. Traditionally, many telecommunication workloads need to reside on edge infrastructure, which have power and real estate constraints. AWS Graviton2 offers efficiency with very low cost, low power, and low hardware footprint. In this proof of concept, the use of Graviton2 was able to reduce power consumption of 5GC by 72%, on average.Following the completion of this first phase, the companies will now conduct a second phase trial to test the 5GC network function on AWS Outposts equipped with Graviton2 processors on DOCOMO's premises."We are delighted to announce that we achieved significant reduction of power consumption of 5GC thanks to NEC's advanced, cloud-native 5GC software and AWS's innovative and highly efficient Graviton2," said Naoki Tani, Executive Vice President, Chief Technology Officer, Executive General Manager of the R&D Innovation Division of NTT DOCOMO. "We will continue the collaboration on the PoC with NEC and AWS for future delivery of environmentally friendly and disaster-resilient 5G network service to our customers.""The significant power reduction achieved through this trial indicates a big step forward in commercializing environmentally friendly, sustainable, next-generation mobile infrastructure. NEC will continue adopting cutting-edge, low-power technologies, such as Graviton2, for its UPF and vRAN domains. Our aim is to further contribute to building a sustainable society through provision of sustainable virtual networks and the realization of next-generation, low-power mobile infrastructure," said Atsuo Kawamura, Executive Vice President, NEC."Like many industries, telecommunications companies want to be able to ensure sustainability operations while maintaining the high-performance and quality of service their customers need and expect," said Adolfo Hernandez, Vice President and General Manager Telecom Industry Business Unit at AWS. "AWS is committed to building a sustainable business for our customers and the planet, and is thrilled to see the power savings Graviton2 delivers in telecommunications. We look forward to continuing to work with NTT DOCOMO and NEC to further expand the use of cloud and AWS technologies to advance sustainability and resiliency goals."About NTT DOCOMONTT DOCOMO, Japan's leading mobile operator with over 84 million subscriptions, is one of the world's foremost contributors to 3G, 4G and 5G mobile network technologies. Beyond core communications services, DOCOMO is challenging new frontiers in collaboration with a growing number of entities ("+d" partners), creating exciting and convenient value-added services that change the way people live and work. Under a medium-term plan toward 2020 and beyond, DOCOMO is pioneering a leading-edge 5G network to facilitate innovative services that will amaze and inspire customers beyond their expectations. www.docomo.ne.jp/english/.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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NEC and Red Hat Expand Global Collaboration to Drive IT Modernization and Digital Transformation JCN Newswire

NEC and Red Hat Expand Global Collaboration to Drive IT Modernization and Digital Transformation

Tokyo and Raleigh, N.C., Sep 29, 2022 - (JCN Newswire via SEAPRWire.com) - NEC Corporation and Red Hat, Inc., the world's leading provider of open source solutions, today announced an expanded global collaboration to drive IT modernization and digital transformation on Red Hat OpenShift. NEC now recognizes Red Hat OpenShift, the industry's leading enterprise Kubernetes platform, as its preferred container platform for mission-critical applications, and this expansion will strengthen the technical cooperation between the two companies in this area, including the formation of a Center of Excellence and joint technology development.NEC was recently announced as a Red Hat Premier Business Partner and was the first certified partner to support Red Hat OpenShift in Japan. Since then, NEC has emphasized helping customers to deploy and operate solutions on container applications, including Red Hat OpenShift(1). Building on a longstanding relationship, the two companies plan to deliver solutions using Red Hat OpenShift to support NEC offerings such as core DX, global 5G, digital finance and digital government to customers globally. Red Hat OpenShift provides a more consistent, powerful container platform to help organizations build, deploy and run applications across IT environments, whether on-premises, in the cloud or at the edge. In combination with NEC's portfolio of solutions, customers can more effectively manage hybrid cloud, multicloud and edge deployments to meet their business needs and scale into the future. NEC and Red Hat are working together in the following areas to deliver greater support for global enterprise transformation:Collaborative Center of ExcellenceNEC and Red Hat will organize a joint technical support system (collaborative Center of Excellence) consisting of more than 100 personnel from both companies, mainly architects who are familiar with container technology and Red Hat products, so that customers can use NEC's solutions together with Red Hat OpenShift with confidence. The two companies will contribute to improving the quality and reliability of customers' IT system infrastructure and applications by consistently providing best practices in system design, technical support, and evaluation environments for deploying each solution. This will be the first Center of Excellence of its kind jointly offered by Red Hat and a Red Hat Premier Business Partner in Japan and one of the largest in Asia.Joint technology developmentNEC and Red Hat will strengthen joint engineering activities, including Kubernetes community collaboration(2) and co-located global engineering resources in order to expand NEC's solutions with Red Hat OpenShift. With deeper technical collaboration, the companies intend to cooperate in providing end-to-end solutions with Red Hat OpenShift that reflect the requirements of mission-critical applications, such as improved availability and operational continuity and support services for mission-critical areas that can more quickly resolve customers' technical issues. Supported by the above initiatives, NEC and Red Hat will develop a global market development strategy to accelerate the deployment of core DX, global 5G, and solutions for key industries such as digital finance and digital government. NEC and Red Hat look forward to expanding this collaboration for the greater benefit of domestic and international customers in these key industries. Supporting QuotesMatt Hicks, president and chief executive officer, Red Hat"As global enterprises use increasingly more complex systems and workloads to meet dynamic market demands, the need for abstraction and simplicity across their IT footprints becomes clear. Our expanded collaboration with NEC focuses on simplifying a broad range of transformative enterprise initiatives by delivering solutions built on a single, standardized, innovation platform in Red Hat OpenShift. With Red Hat's hybrid cloud expertise and NEC's skill in delivering industry-specific solutions, we're providing our joint customers with the capabilities they need to fully evolve into digital enterprises, without miring them in complexity."Takayuki Morita, president and chief executive officer, NEC"We are very pleased to announce the strengthening of our strategic collaboration with Red Hat globally. Through this collaboration, NEC will adopt Red Hat OpenShift as our container platform of choice to provide solutions to government and enterprise customers who are making the digital shift by linking them with NEC's solutions for core DX, 5G, digital finance, and digital government, which are NEC's business areas of focus. Together with Red Hat, we are confident that we can lead the expansion and success of a wide range of customers' businesses."(1) NEC becomes the first Red Hat Certified Partner in Japan to offer support for the Red Hat OpenShift Container Platformhttps://jpn.nec.com/press/201702/20170215_01.html (Japanese text)(2) The Kubernetes community (developer community) that develops Kubernetes holds the values of "decentralized over centralized," "community over product or company," "process automation," "inclusive over exclusive," and "evolution over stagnation," which have been key to the ongoing success of the project. The governance approach to putting this into practice is the Community Group.About Red HatRed Hat is the world's leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.Red Hat, Red Hat Enterprise Linux, the Red Hat logo and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com.For more information, visit www.nec.com/en/press/202209/global_20220929_01.html. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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NTT DOCOMO to Add Fourth Virtualized Base Station to Open RAN Verification Environment JCN Newswire

NTT DOCOMO to Add Fourth Virtualized Base Station to Open RAN Verification Environment

TOKYO, Sep 29, 2022 - (JCN Newswire via SEAPRWire.com) - NTT DOCOMO, INC. announced today that it will be adding a fourth type of flexible and highly scalable virtualized base station to its verification environment for open radio access networks (Open RAN) that allow equipment and components of various vendors to integrate via standardized specifications.The new virtualized base station will combine NEC Corporation's open virtualized RAN software, Red Hat Openshift, Qualcomm Technologies, Inc.'s inline accelerator cards and Hewlett Packard Enterprise's servers. This will be DOCOMO's first time to use the Qualcomm X100 5G RAN Accelerator Card and the HPE ProLiant DL110 Telco server, the latter optimized specifically for Open RAN workloads to improve system performance and power efficiency.Since February, DOCOMO has been providing global carriers with access to its Shared Open Lab environment to allow them to mix and match the equipment and components of various vendors in order to verify performance with virtualized base stations. In addition to three types of virtualized base station equipment/system configurations that carriers have been accessing so far, the new configuration will become available for verification in the Shared Open Lab starting in 2023."HPE is pleased to be collaborating with NTT DOCOMO and our other strategic partners to further the advancement of Open RAN and address the demands of 5G," said Phil Cutrone, SVP and GM of OEM and Compute, Hewlett Packard Enterprise. "With operators looking to address TCO and system integration risks in order to adopt vRAN, this Open RAN solution in close collaboration with NEC, Qualcomm Technologies, and Red Hat enables operators like NTT DOCOMO to achieve their objectives as they expand vRAN deployments in their 5G networks.""NEC is honored to work with our close partner, NTT DOCOMO, and other industry leaders on this new implementation," said Patrick Lopez, NEC's VP of 5G Products. "As Open RAN pioneers and leaders, demonstrating how disaggregated, multi-vendor components can operate together within open ecosystems is a key part of our collective approach. This new open virtualized RAN software implementation will open the door to next-generation performance and power savings.""Red Hat is committed to collaborating with an open ecosystem of industry leaders and partners to further enable cloud-native, open source innovation and provide service providers with a stable foundation for connectivity from the core to the edge," said Honore LaBourdette, vice president, Telco, Media and Entertainment, Red Hat. "Red Hat OpenShift is the industry's leading enterprise Kubernetes platform, offering the flexibility and scalability needed to support network functionality at scale. We are pleased to collaborate with NTT DOCOMO and other industry leaders to further accelerate Open RAN.""Building on our shared vision to drive the development of the modern 5G network, we're very pleased to expand our longtime relationship with an industry leader like NTT DOCOMO to verify and test our Qualcomm X100 5G RAN Accelerator Card alongside solutions from NEC Corporation, Red Hat, and HPE," said Durga Malladi, senior vice president and general manager, cellular modems and infrastructure, Qualcomm Technologies, Inc. "Equipping our industry-leading customers with cutting-edge technology to deliver superior user experiences is at the core of Qualcomm Technologies and this collaboration is a step forward for the entire ecosystem as it will help accelerate global adoption of virtualized and Open RAN."As the increasing global availability of 5G continues to raise interest in Open RAN, DOCOMO has been a leader in helping telecoms worldwide to prepare to introduce this highly versatile new technology. In February 2021, DOCOMO was joined by 12 global equipment vendors in establishing the 5G Open RAN Ecosystem (OREC) to promote Open RAN, which supported the development of the virtualized base station being announced today.DOCOMO and its OREC partners plan to continue adding new equipment/system combinations before and after commercializing virtualized base stations, which is expected within the current fiscal year ending in March 2023.Through the promotion of Open RAN, DOCOMO looks forward to continuing to enhance the efficiency and flexibility mobile communication networks around the world.About NTT DOCOMONTT DOCOMO, Japan's leading mobile operator with over 84 million subscriptions, is one of the world's foremost contributors to 3G, 4G and 5G mobile network technologies. Beyond core communications services, DOCOMO is challenging new frontiers in collaboration with a growing number of entities ("+d" partners), creating exciting and convenient value-added services that change the way people live and work. Under a medium-term plan toward 2020 and beyond, DOCOMO is pioneering a leading-edge 5G network to facilitate innovative services that will amaze and inspire customers beyond their expectations.https://www.docomo.ne.jp/english/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Meet Spectre: The Platform Revolutionizing and Simplifying High Frequency Trading ACN Newswire

Meet Spectre: The Platform Revolutionizing and Simplifying High Frequency Trading

St Vincent & the Grenadines, Sep 28, 2022 - (ACN Newswire via SEAPRWire.com) - When first stumbling into the world of high frequency trading, the complicated jargon and unintuitive platforms are oftentimes a barrier for non-technical users to understand their workings. Luckily, with the increase in interest in blockchain technology around the world coupled with human nature to innovate, development teams around the world are creating platforms for novice and experienced users alike to trade cryptocurrencies in a simple manner. A web search for "best trading platform" yields nearly 383 million results. Yet, after diving into some of these results, one stumbles across a conglomerate of difficult-to-comprehend terminology, tools, and trading techniques incomprehensible for beginners. In a world that is so interconnected and education is so accessible, how is it possible that an integral aspect of the financial system is still unreachable for complete beginners? Luckily, with the increase in interest in blockchain technology around the world coupled with human nature to innovate, development teams around the world are creating platforms for novice and experienced users alike to trade cryptocurrencies in a simple manner. Spectre.AI is leading this trend.Spectre is an online financial trading site created with the vision of allowing anyone to trade assets in a fraud-free and broker-free manner. Amassing an impressive 140,000 traders, Spectre has created an ecosystem that enables users to trade simply while minimizing risk and complexity. As opposed to traders betting on token price fluctuations, Spectre introduced a trading strategy by predicting crypto directions! Traders can bet whether they believe the next time period (minutes, hours, days, or even seconds) will have a general up or down price movement. At the time of writing, they offer trading on any normal currency pair, metals, a variety of digital assets (all the big names, with more DeFi and NFT focused tokens to come in the future), and equities across several global stock markets! Spectre also introduced two new financial products that have been a wide success across the financial trading industry: EPICs and Reverse Futures. In short, EPICs are Spectre's benchmark index of Euro-based currency pairs, completely traded through time. Reverse Futures are Spectre's digital contracts on past global equities. Currently, their Reverse Futures offering supports Apple, Microsoft, Facebook, Tesla, Twitter, and a variety of Indian equities. Several more are set to launch soon. Reverse Futures allows traders to trade on real-world equities but from an historical point of view. The concept is to synthetically construct the price performance of strong assets from the past and streamed them forward in time. This idea, although a bit complex to understand at first, revolutionizes the financial trading sphere by creating a completely new way for traders to profit. Another interesting feature Spectre offers is the several ways to structure trading accounts, namely on and off-site trades. Through on-site accounts, the trading funds are deposited into the account and are used to trade directly on the platform, similar to most other trading exchanges. This juxtaposes their other trading option, off-site accounts, which is a fully decentralized and broker-less trading option. In short, users don't have to actually deposit as all trades are initiated by them through their cryptocurrency wallet whilst using the platform. All of these trades are stored on their underlying blockchain. Given blockchain's inherently publicly distributed and open-source nature, these trades provide unprecedented levels of transparency to the trading platform while ensuring complete safety of client funds. Additionally, Spectre offers a DeFi boost wallet where traders can earn the highest staking rewards in the industry, both in blue-chips and the DeFi token of their choosing. In addition, coupled with their 24/7 no-fee and fully compliant trading, Spectre has a robust analytics page for everyone to review their past trades and understand their profits and losses. Another interesting aspect of Spectre is their trading bays. Finance and gaming have long been industries that have not coincided. Yet, with Spectre's introduction of trading bays, that is slowly changing. Trader's Bay is an online store, built into the Spectre platform itself that offers many upgrades and privileges that users can subscribe to for a small daily cost to enhance their trading. These enhancements include charms and spells which increase payouts, trade allocations, and limits of open positions! This article (bit.ly/3dPssEJ) brilliantly describes how the Trader Bays will unite gaming and finance. Spectre is certainly a pioneer in this regard.To understand further how Spectre (www.spectre.ai) works, the Plato Blockchain (www.platodata.ai) team (and authors of this report) dived into the platform to grasp exactly what is attracting Spectre's massive user base. At first glance, we were very impressed with the intuitive layout of the platform and the ease of creating an account and KYC. One important thing to note, however, is that users with an IP address from the United States will not have access to the platform. After playing with the platform for a short while, we went into the orders page to analyze how our performance was. The presentation of each of our trades was impeccably detailed, featuring the exact timing each action was done, entry and exit prices, sources, amongst a variety of other data points. After years of experience across a variety of trading platforms, we concluded Spectre's reporting of our past trades was an experience unlike any other. We have plans in the future to experiment with their hyper-API, which allows developers to build automated trading robots, applications and trading interfaces that interact with the Spectre platform. We are curious and excited to understand the better applications and use-cases investment APIs for HFT will have in the future! All in all, Spectre is certainly a game-changer platform creating a new paradigm in high frequency trading through accessibility and a suite of trading tools. In fact, Forbes India called Spectre "India's Robinhood!" (bit.ly/3SoOD3G) Ultimately, the next generation of financial tools will be led by Spectre's efforts. Through security, ease-of-use, and financial tools unique to their platform, Spectre is redefining HFT one trade at a time. Source: www.platodata.ai Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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MetaBoundless hosts the first-ever all-Arabic Avatar Concert in the Metaverse ACN Newswire

MetaBoundless hosts the first-ever all-Arabic Avatar Concert in the Metaverse

DUBAI, UAE, Sep 28, 2022 - (ACN Newswire via SEAPRWire.com) - The first 'Concert of the Future' will be an out-of-world experience not to be missed. In a unique Arab-led virtual concert starring Ragheb Alama and Saad Lamjarred, host MetaBoundless has partnered with the Algorand Foundation, a leading blockchain network known for environmental friendliness, hyper-low fees, and user-friendly applications, to mint NFTs for each concertgoer, serving as the digital ticket to the show. MetaBoundless has also partnered with Apparel Group, the region's retail industry leader, as platinum sponsor, and leading eCommerce platform 6thstreeet.com as official merchandise partner for this Concert of the Future. Fans can expect future web3/ NFT fashion, pushing the uniqueness of this first Concert of the Future -- A Step into the Metaverse. Ticket sales went live on September 15 at https://metaboundless.io for this historic release, the first step towards accessing the exciting world of Web3, Metaverse, NFTS and DAOs, tools to create a bridge between superstars, content creators and influencers. Concerts of the Future -- A Step into the Metaverse is the first time Arabic music legends and superstars will unite in a dynamic series of virtual worlds to deliver a one-of-a-kind experience to fans. The virtual concert will be released live to fans on October 20, 2022, with old hits from "Superstar" Ragheb Alama and "LM3ALLEM" Saad Lamjarred, with Michel Fadel composing new hits for these superstars. Shamir Ozery, Head of Web3 at the Algorand Foundation, commented, "We're excited to be part of the Middle East's first-ever metaverse concert! The artist avatar NFTs will serve not only as a commemorative token of a user's participation in this first-of-its-kind experience but also to build a community among attendees and demonstrate utility, serving as each guest's ticket into the virtual experience. It is a great opportunity for music fans to experience firsthand some of the creative use cases for digital assets beyond cryptocurrencies." Ragheb Alama, talking about this experience, "This is the first time my avatar will be revealed to the virtual world. Fans all over the world will see me in a new way and be able to access memorabilia from this event as NFT rewards for purchasing tickets. Everything in this concert is unique, this is the way to go for concerts in the future, and I am keen to keep up with the future and popular trends."Saad Lamjarred describes his participation in the concert, "I witnessed similar global experiences for futuristic concerts, and I am sure that this concert will be something very unique for our beloved fans. I am excited for the fans to see me and my unique digital avatar in the virtual concert." Music composer Michel Fadel said, "The changes in the market and the music industry always require us to keep up with new trends. I am excited to partner with MetaBoundless to deliver these trends to a larger audience and help use some of these innovative tools to give more power to the fans."Dharmin Ved, CEO of merchandising partner 6thstreet.com, stated, "As 6thstreet.com, we are all about setting trends for the future generations. As a first experience with a celebrity-led Avatar & NFT concert, we want to create a similar experience for the fans and ticket holders when it comes to the merchandise by Creating fashion items that will also be inspired and linked to the web3 space and NFTs."Adi K. Mishra, CEO and Founder of MetaBoundless, commented, "Our objective is to be able to connect celebrities with their fans using tools from the Web3 world. We are also looking forward to building our partnership with Apparel Group, the retail conglomerate in the GCC, and 6thStreet.com, the eCommerce leader, to deliver exciting merchandise options that link the real world and virtual world for a community-led experience. We believe the world of media and entertainment will transform over the next decade, and MetaBoundless aims to be at the forefront of this change."About MetaBoundlessMetaBoundless is the new cultural economy designed to enhance entertainment, sports and media with the power of community. MetaBoundless is the Web3.0 bridge between creators and fans and connects creators and creator IP with fans to produce and scale creator content. MetaBoundless' goal is to enable creators and fans to collaborate and invest in each other. Follow MetaBoundless for the latest news, announcements, and updates: Website: www.metaboundless.io/index.htmlTwitter: https://twitter.com/metaboundlessInstagram: www.instagram.com/metaboundless/Snapchat: www.snapchat.com/add/metaboundlessYoutube: www.youtube.com/channel/UC2hFf95w_AaJk6QShcZEu5AAbout Algorand Foundation The Algorand Foundation is dedicated to helping fulfil the global promise of the Algorand blockchain, taking responsibility for its sound monetary supply economics, decentralized governance, and healthy and prosperous open-source ecosystem. The Algorand blockchain, designed by MIT professor and Turing Award-winning cryptographer Silvio Micali, is capable of delivering on the promise of a borderless global economy, achieveing transaction throughput at the speed of traditional finance, with immediate finality and near zero transaction costs, and without a second of downtime since it went live in June 2019. Its carbon-neutral platform and unique pure proof-of-stake consensus mechanism solve the "blockchain trilemma" by achieving both security and scalability on a decentralized protocol. Learn more at https://algorand.foundation. Media Details: For press enquiries, please contact pr@metaboundless.io. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Claudin18.2, a shining star in gastric cancer, Transcenta’s TST001 stands at the global forefront

HONG KONG, Sep 28, 2022 - (ACN Newswire via SEAPRWire.com) - Transcenta Holding Limited (06628.HK), a clinical stage biopharmaceutical company with fully-integrated capabilities in discovery, research, development and manufacturing of antibody-based therapeutics, announced that interim safety and efficacy data of dose expansion cohort from the phase I/II study of TST001 (Osemitamab), a humanized ADCC-enhanced anti-Claudin18.2 monoclonal antibody, in combination with Capecitabine and Oxaliplatin (CAPOX) as a first line treatment of locally advanced or metastatic gastric or gastroesophageal junction (G/GEJ) cancer was presented in a poster at the European Society for Medical Oncology (ESMO) Congress 2022. In first line treatment of advanced or metastatic G/GEJ cancer, early interim data of the first 15 patients with measurable disease receiving the combination of TST001 with CAPOX demonstrated a partial response rate of 73.3% and a disease control rate of 100% per RECIST1.1. Based on these encouraging data, the TST001 program is further accelerated and Health Authority consultations are being initiated. A global phase III clinical program of TST001 (Osemitamab) for the first line treatment of locally advanced or metastatic Claudin18.2 positive G/GEJ cancer is currently being planned. 1. Claudin18.2 is expected to be the most shining star target in gastric cancer The European Society for Medical Oncology (ESMO) Congress 2022 was held in person in Paris and virtually between 9-13 September 2022. Around 2000 abstracts and late-breaking abstracts were presented during the congress days. Transcenta's poster with the dose expansion cohort interim data from the TST001 in combination with chemotherapy in first line treatment of locally advanced or metastatic G/GEJ cancer patients with Claudin18.2 expression was presented on Sept 12, 2022.Data shows that as of August 4, 2022, 51 patients were enrolled and dosed including 36 patients treated with TST001 plus CAPOX at 6mg/kg Q3W in the expansion phase. Among the 15 patients with measurable disease and at least one post-treatment tumor assessment, 11 (73.3%) achieved partial response and four (26.7%) achieved stable disease. All 51 enrolled patients were evaluated for safety and tolerability. Treatment-emergent adverse events regardless of causality were mostly grade 1-2. Twelve (23.5%) patients experienced dose delay, five (9.8%) experienced dose reduction and no patient experienced discontinuation due to treatment related adverse events. In this study, TST001 also demonstrated a clear dose proportional pharmacokinetic profile, is consistent with those observed with TST001 monotherapy and in US patients. These data suggest that TST001 combined CAPOX is well tolerated and with promising efficacy in a broad gastric cancer patient population with tumors expressing Claudin18.2, including medium and high expressors. Furthermore, Transcenta has also developed a proprietary IHC assay to select patients with Claudin18.2 expressing tumors for registration enabling studies. Despite progresses in the treatment of advanced gastric cancer with HER2, VEGF, VEGFR, or PD-1/PD-L1 targeted therapies, outcomes remain poor for 1st line patients with median overall survival of around 14 months. Claudin18.2 expression is observed at various levels in 50%-70% of gastric cancer patients, and at relatively high percentage in a variety of tumors including pancreatic, cholangiocarcinoma, ovarian and lung cancer. It is one of the hottest targets in cancer treatment. A few Claudin18.2 directed targeted drugs have entered the clinical stage, including monoclonal antibodies, bispecific antibodies, CAR-T and antibody-drug couples (ADCs). TST001, a humanized anti-Claudin18.2 monoclonal antibody, with higher target binding affinity and enhanced ADCC activity than other antibodies, has demonstrated very encouraging preliminary signs of activity in 1st L gastric / GEJ cancers with various levels of CLDN18.2 expression, and a manageable safety and tolerability profile.Since entering into the clinical stage, Transcenta has attracted the attention of many multinational corporations. It established a global clinical collaboration with Bristol-Myers Squibb to evaluate the combination of TST001 with Opdivo(R) (Bristol-Myers Squibb's anti-PD-1 therapy) for the treatment of patients with unresectable locally advanced or metastatic G/GEJ cancer earlier in March this year. These TST001 data have also generated a lot of excitement from GI cancers investigators who see TST001 as an effective new treatment option to cover the high unmet need of Claudin18.2 medium and high expressors cancers, providing a broader treatment option than other players in the same class. As TST001 data continue to mature, Transcenta progresses TST001 towards phase III trial and has initiated Health authority consultations. 2. Dr. Caroline Germa, former AstraZeneca Oncology's Vice President, is now Transcenta's Chief Medical Officer as the Company accelerates its expansion internationallyIn August 2022, Transcenta announced the appointment of Dr. Caroline Germa as the Executive Vice President, Global Medicine Development and Chief Medical Officer. Dr. Caroline Germa was formerly Vice President of AstraZeneca Oncology and has extensive oncology development experience. Prior to joining AstraZeneca, she also worked for a number of world-renowned companies including Pfizer and Bristol-Myers Squibb, and led the late-stage clinical development of a number of key oncology assets, in particular the global registration strategy and approval of blockbuster drugs including Ribociclib (CDK4/6 inhibitor - Kisqali) and Neratinib. She has a deep understanding of the industry and, with her pharmaceutical industry contacts and unique ideas on the business development of the Company, international clinical development and regulatory approvals, the Company is confident that Dr Caroline Germa will be able to lead Transcenta to better global expansion and make a significant contribution to enhancing the Company's shareholder value.3. TST001 is ranked among the top two most advanced clinical programs for Claudin18.2 worldwide, and the first in ChinaZolbetuximab is the first clinical stage anti-claudin18.2 monoclonal antibody. In a phase II, randomized study evaluating Zolbetuximab + epirubicin + oxaliplatin + capecitabine (EOX) for the first-line treatment of CLDN18.2 positive advanced G/GEJ cancer or esophageal adenocarcinoma, zolbetuximab plus EOX chemotherapy showed significant improvements in progression-free survival (PFS) and overall survival (OS) compared to chemotherapy alone in the overall population, padding the Claudin18.2 target's potential for druggability. TST001 of Transcenta is a second generation anti-Claudin18.2 antibody with a differentiated profile relative to Zolbetuximab. It not only has 10-folds higher affinity binding to Claudin18.2, but also has a reduced fucose profile in the Fc of the humanized antibody. Combining these features, the ADCC activity of TST001 is 30-100 folds higher compared to Zolbetuximab analogue in tumor cells expressing various levels of Claudin18.2, which translated into much more potent in vivo anti-tumor activity, in particular, for those tumors expressing medium or low levels Claudin18.2. TST001 is being developed in parallel in China and the US and is currently in Phase II clinical studies. It is expected to start the global pivotal trial for TST001 during the Mid-2023. In the meantime, Transcenta will continue to evaluate other combination therapies as well as other indications. As the Company continues to accelerate its clinical development and commercialization, Transcenta will eventually better realize more of its potential with its outstanding platform, increase the shareholder value and develop innovative drugs that will benefit patients worldwide. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Eisai’s Lecanemab Confirmatory Phase 3 Clarity AD Study Met Primary Endpoint JCN Newswire

Eisai’s Lecanemab Confirmatory Phase 3 Clarity AD Study Met Primary Endpoint

TOKYO, Sep 28, 2022 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. and Biogen Inc. (Nasdaq: BIIB) announced positive topline results from Eisai's large global Phase 3 confirmatory Clarity AD clinical trial of lecanemab (development code: BAN2401), an investigational anti-amyloid beta (Abeta) protofibril antibody for the treatment of mild cognitive impairment (MCI) due to Alzheimer's disease (AD) and mild AD (collectively known as early AD) with confirmed presence of amyloid pathology in the brain. Lecanemab met the primary endpoint (CDR-SB: Clinical Dementia Rating-Sum of Boxes*) and all key secondary endpoints with highly statistically significant results. Eisai will discuss this data with regulatory authorities in the U.S., Japan and Europe with the aim to file for traditional approval in the US and for marketing authorization applications in Japan and Europe by the end of Eisai's FY2022, which ends March 31, 2023. Additionally, Eisai will present the Clarity AD study results on November 29, 2022, at the Clinical Trials on Alzheimer's Congress (CTAD), and publish the findings in a peer-reviewed medical journal.Lecanemab treatment met the primary endpoint and reduced clinical decline on the global cognitive and functional scale, CDR-SB, compared with placebo at 18 months by 27%, which represents a treatment difference in the score change of -0.45 (p=0.00005) in the analysis of Intent-to-treat (ITT) population. Starting as early as six months, across all time points, the treatment showed highly statistically significant changes in CDR-SB from baseline compared to placebo (all p-values are less than 0.01). All key secondary endpoints were also met with highly statistically significant results compared with placebo (pThe incidence of amyloid-related imaging abnormalities-edema/effusion (ARIA-E), an adverse event associated with anti-amyloid antibodies, was 12.5% in the lecanemab group and 1.7% in the placebo group. The incidence of symptomatic ARIA-E was 2.8% in the lecanemab group and 0.0% in the placebo group. The ARIA-H (ARIA cerebral microhemorrhages, cerebral macrohemorrhages, and superficial siderosis) rate was 17.0% in the lecanemab group and 8.7% in the placebo group. The incidence of symptomatic ARIA-H was 0.7% in the lecanemab group and 0.2% in the placebo group. There was no imbalance in isolated ARIA-H (i.e., ARIA-H in patients who did not also experience ARIA-E) between lecanemab (8.8%) and placebo (7.6%). The total incidence of ARIA (ARIA-E and/or ARIA-H) was 21.3% in the lecanemab group and 9.3% in the placebo group. Overall, lecanemab's ARIA incidence profile was within expectations. Clarity AD was a global confirmatory Phase 3 placebo-controlled, double-blind, parallel-group, randomized study in 1,795 people with early AD. The treatment group was administered a dosage of 10 mg/kg bi-weekly of lecanemab, with participants allocated in a 1:1 ratio to receive either placebo or lecanemab. The baseline characteristics of both placebo and lecanemab groups are similar and well balanced. Eligibility criteria allowed patients with a broad range of comorbidities/comedications: hypertension, diabetes, heart disease, obesity, renal disease and anti-coagulants, etc. Eisai's recruitment strategy for the Clarity AD clinical trial ensured greater inclusion of ethnic and racial populations in the U.S., resulting in approximately 25% of the total U.S. enrollment including Hispanic and African American persons living with early AD. Due to the inclusive eligibility criteria and the successful recruitment of diverse ethnic and racial populations in the U.S., Clarity AD's population is generally comparable to the country's Medicare population. "Since Eisai launched Aricept in the U.S. and Japan in the late 1990s and obtained its approval in over 100 countries, Eisai has provided the drug to people living with dementia while building empathy for them and their families through disease education efforts and community involvement. The positive result of the lecanemab, an anti-Abeta protofibril antibody, pivotal study after almost 25 years since Aricept's launch is an important milestone for Eisai in fulfilling our mission to meet the expectations of the Alzheimer's disease community. Alzheimer's disease not only presents a great challenge for patients and their families, but it also negatively impacts society, including decreased productivity, increased social costs and disease-related anxiety. We believe that helping to alleviate these burdens will positively impact society as a whole," said Haruo Naito, Chief Executive Officer at Eisai. "Additionally, the lecanemab Clarity AD study results prove the amyloid hypothesis, in which the abnormal accumulation of Aβ in the brain is one of the main causes of Alzheimer's disease, when targeted with a protofibril-binding therapy. Eisai believes these findings will create new horizons in the diagnosis and treatment of Alzheimer's disease as well as further activate innovation for new treatment options. The successful results of the Clarity AD clinical trial would not be possible without the truly inspiring dedication of the study's participants, their families and caregivers and the clinical investigators around the world. We thank all the people involved in the study for their invaluable contributions.""Today's announcement gives patients and their families hope that lecanemab, if approved, can potentially slow the progression of Alzheimer's disease, and provide a clinically meaningful impact on cognition and function," said Michel Vounatsos, Chief Executive Officer at Biogen. "Importantly, the study shows that removal of aggregated amyloid beta in the brain is associated with a slowing of disease in patients at the early stage of the disease. We want to thank the many patients who participated in this groundbreaking global study and want to acknowledge the clinical investigators who worked tirelessly to increase the enrollment of traditionally underrepresented populations. As pioneers in neuroscience, we believe defeating this disease will require multiple approaches and treatment options, and we look forward to continuing the discussion about the significance of these findings with the patient, scientific, and medical communities."In July 2022, the U.S. Food and Drug Administration (FDA) accepted Eisai's Biologics License Application (BLA) for lecanemab under the accelerated approval pathway and granted Priority Review. The Prescription Drugs User Fee Act action date (PDUFA) is set for January 6, 2023. The FDA has agreed that the results of Clarity AD can serve as the confirmatory study to verify the clinical benefit of lecanemab. In an effort to secure traditional FDA approval for lecanemab as soon as possible, Eisai submitted the BLA through the FDA's Accelerated Approval Pathway so that the agency could complete its review of all lecanemab data with the exception of the data from the confirmatory Clarity AD study.In March 2022, Eisai began submitting application data, with the exception of Clarity AD data, to Japan's Pharmaceuticals and Medical Devices Agency (PMDA) under the prior assessment consultation system with the aim of obtaining early approval for lecanemab so that people living with early AD may have access to the therapy as soon as possible.Eisai serves as the lead of lecanemab development and regulatory submissions globally with both Eisai and Biogen co-commercializing and co-promoting the product and Eisai having final decision-making authority.*CDR-SB is a numeric scale used to quantify the various severity of symptoms of dementia. Based on interviews of people living with AD and family/caregivers, qualified healthcare professionals assess cognitive and functional performance in six areas: memory, orientation, judgment and problem solving, community affairs, home and hobbies, and personal care. The total score of the six areas is the score of CDR-SB, and CDR-SB is also used as an appropriate item for evaluating the effectiveness of therapeutic drugs targeting the early stages of AD. For more information, visit www.eisai.com/news/2022/news202271.html. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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MetaBoundless Hosts First-ever Avatar Concert in the Metaverse ACN Newswire

MetaBoundless Hosts First-ever Avatar Concert in the Metaverse

DUBAI, UAE, Sep 28, 2022 - (ACN Newswire via SEAPRWire.com) - First in the series of 'Concerts of the Future' will be an impressive and unique experience not to be missed, marking a major step for masses of users into the metaverse. MetaBoundless has partnered with the Algorand Foundation for this concert to mint NFTs for each concertgoer, serving as their digital ticket into the show. MetaBoundless has also partnered with Apparel group, the retail industry leader in the region, as the platinum sponsor and the leading eCommerce platform 6thstreeet.com as the official merchandise partner of this first concert of the future in the Arab world. Fans are to expect unique web3/ NFT fashion that will further push the uniqueness of the first in our series: Concerts of the Future -- A Step into the Metaverse. In a unique Arab-led virtual concert starring Ragheb Alama and Saad Lamjarred, ticket sales went live on September 15. This historical release is the first step towards accessing the exciting world of Web3, Metaverse, NFTS and DAOs. Concerts of the Future -- A Step into the Metaverse is the first time Arabic music legends and superstars will unite in a dynamic series of virtual worlds to deliver a one-of-a-kind experience to fans. The virtual concert will be released live to fans on October 20, 2022, starring Ragheb Alama, Saad Lamjarred, and Michel Fadel, composing new and old hits from these superstars. The tickets can be purchased at https://metaboundless.io. However, these are not just any tickets. These tickets give you NFT rewards through the MetaBoundless claims portal, and these NFTs have unique benefits to be revealed over time. MetaBoundless aims to simplify and utilize Web3 tools to create a bridge between superstars, content creators and influencers. For Concerts of the Future -- A Step into the Metaverse, MetaBoundless has partnered with Algorand, a leading blockchain network known for environmental friendliness, hyper-low fees, and user-friendly ecosystem of applications. Shamir Ozery, Head of Web3 at the Algorand Foundation, commented, "We're excited to be part of the Middle East's first-ever metaverse concert! The artist avatar NFTs will serve not only as a commemorative token of a user's participation in this first-of-its-kind experience but also to build a community among attendees and demonstrate utility, serving as each guest's ticket into the virtual experience. It is a great opportunity for music fans to experience firsthand some of the creative use cases for digital assets beyond cryptocurrencies." Ragheb Alama talks about his partnership with MetaBoundless and this experience, "This is the first time my avatar will be revealed to the virtual world. Fans all over the world will see me in a new way and be able to access memorabilia from this event as NFT rewards for purchasing tickets. Everything in this concert is unique, this is the way to go for concerts in the future, and I am keen to keep up with the future and popular trends."Saad Lamjarred describes his participation in this concert, "I witnessed similar global experiences for futuristic concerts, and I am sure that this concert will be something very unique for our beloved fans. I am excited for the fans to see me and my unique digital avatar in the virtual concert." Music composer Michel Fadel stated, "The changes in the market and the music industry always require us to keep up with new trends. I am excited to partner with MetaBoundless to deliver these trends to a larger audience and help use some of these innovative tools to give more power to the fans."Dharmin Ved, CEO of 6thstreet.com, the merchandising partner of the first 'Concert of the Future' in the Arab world, stated, "As 6thstreet.com, we are all about setting trends for the future generations. As a first experience with a celebrity-led Avatar & NFT concert, we want to create a similar experience for the fans and ticket holders when it comes to the merchandise by Creating fashion items that will also be inspired and linked to the web3 space and NFTs."Adi K. Mishra, CEO and Founder of MetaBoundless, commented, "Our objective is to be able to connect celebrities with their fans using tools from the Web3 world. We are also looking forward to building our partnership with the Apparel group, the retail conglomerate in the GCC, and 6thStreet.com to deliver exciting merchandise options that link the real world and the virtual world for a community-led experience. We believe the world of media and entertainment will be transformed over the next decade, and MetaBoundless aims to be at the forefront of this change. The company is presently in discussions with other leading artists to bring onboard as well."About MetaBoundlessMetaBoundless is the new cultural economy designed to enhance entertainment, sports and media with the power of community. MetaBoundless is the Web3.0 bridge between creators and fans and connects creators and creator IP with fans to produce and scale creator content. MetaBoundless' goal is to enable creators and fans to collaborate and invest in each other. Follow MetaBoundless for the latest news, announcements, and updates: Website: www.metaboundless.io/index.htmlTwitter: https://twitter.com/metaboundlessInstagram: www.instagram.com/metaboundless/Youtube: www.youtube.com/channel/UC2hFf95w_AaJk6QShcZEu5ASnapchat: www.snapchat.com/add/metaboundlessAbout Algorand Foundation The Algorand Foundation is dedicated to helping fulfill the global promise of the Algorand blockchain by taking responsibility for its sound monetary supply economics, decentralized governance, and healthy and prosperous open-source ecosystem. The Algorand blockchain, designed by MIT professor and Turing Award-winning cryptographer Silvio Micali, is capable of delivering on the promise of a borderless global economy. It achieves transaction throughputs at the speed of traditional finance, with immediate finality and near zero transaction costs, and without a second of downtime since it went live in June 2019. Its carbon-neutral platform and unique pure proof-of-stake consensus mechanism solve the "blockchain trilemma" by achieving both security and scalability on a decentralized protocol. Learn more at https://algorand.foundation. Media Details: For press enquiries, please contact pr@metaboundless.io Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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SNS Network Technology Posts 42.4% Rise in Net Profit for 2Q FY2023 ACN Newswire

SNS Network Technology Posts 42.4% Rise in Net Profit for 2Q FY2023

IPOH, Malaysia, Sep 27, 2022 - (ACN Newswire via SEAPRWire.com) - SNS Network Technology Berhad (SNS), an ICT system and solutions provider, today announced that the Group registered a 19.7% rise in revenue to RM296.93 million for the second quarter ended 31 July 2022 (2Q FY2023) compared with RM248.16 million in the immediately preceding quarter (1Q FY2023).Managing Director of SNS, Ko Yun HungFor the quarter under review, the Group recorded a 21.8% gain in gross profit (GP) to RM23.43 million compared with GP of RM19.24 million in 1Q FY2023 while profit before tax (PBT) increased 43.0% to RM11.76 million compared with PBT of RM8.23 million. The Group's profit after tax (PAT) for 2Q FY2023 rose by 42.4% to RM8.81 million from PAT of RM6.19 million in 1Q FY2023.There are no comparative figures on a year-over-year basis as the Group was listed on the ACE Market of Bursa Malaysia on 2 September 2022.Managing Director of SNS, Ko Yun Hung, said, "The Group's performance for the quarter under review was supported by higher demand for ICT products from local customers under our commercial channel comprising businesses, government agencies and educational institutions following the full resumption of business operations after the reopening of the Malaysian economy.""We remain positive for the Group's outlook given the continuous growth in demand for ICT products supported by rising economic activities and the strengthening of our existing customer base together with expansion of market share. For the immediate future, we will continue to focus on the plans as announced in our prospectus, namely the expansion of our Device-as-a-Service business, the construction of a regional hub in Petaling Jaya, and the setting up of 10 new stores in the country."On a geographical basis, Malaysia contributed 86.2% of the Group's revenue of RM958.08 million for the financial year ended 31 January 2022 (FYE2022), with Hong Kong and Singapore contributing 11.7% and 1.4% respectively. The Group posted revenue of RM721.47 million for FYE2021 and RM675.28 million for FYE2020.SNS Network Technology: 0259 [BURSA: SNS], https://www.sns.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Focally unveils the world’s first Full colour Micro-led based true AR glasses with fully see-through display and USound MEMS speakers’ technology ACN Newswire

Focally unveils the world’s first Full colour Micro-led based true AR glasses with fully see-through display and USound MEMS speakers’ technology

GRAZ, Austria, Sep 27, 2022 - (ACN Newswire via SEAPRWire.com) - USound, the leading provider of micro-electro-mechanical systems (MEMS) loudspeakers for hearables and wearables, announces the cooperation with the Indian company Focally on the first generation of their Universe AR Glasses. Focally's Universe AR glasses featuring state-of-the-art USound audio technology, optical display system and hardware that enables spatial computing. (Credits: Focally)Preview of Focally's Universe AR glasses contextual augmented reality. (Credits: Focally)The Universe AR glasses prototype by Focally are developed to explore next-generation assistive AR applications such as AR navigation, geo-location-based applications, streaming videos and audio, Geo-location-based gaming, AI applications, and more. These smart glasses prototype showcase the essential elements needed for AR wearable devices such as optical architecture, powerful sound system, and real-time sensing capabilities integrated into an ergonomic and compact eyewear device.This first generation features fully transparent see-through waveguide with 30-degree FOV combined with the world's smallest and brightest micro-Led full-color display engine. The glasses integrate USound's patented two-way audio system with MEMS tweeter and electrodynamic woofers, and dual microphones for noise cancellation and spatial audio. This version of the device showcases unique compute architecture to perform on-board real-time sensing from sensors including accelerometers, gyroscope, magnetometer, environmental, gas composition and IR and then wirelessly perform application specific compute on other powerful computer platforms such as smartphones to reduce power consumption. Focally is already working on its second-generation prototype with vision capabilities and advanced compute capabilities. An optimized computer platform will be launched to developers and early enthusiast later in 2023. With their advanced MEMS-speaker-based sound solution, USound enables unprecedented industrial and product design possibilities tackling the challenges of many modern audio devices. Compared to rival speakers used in earphones, TWS, headphones, smartphones, VR/AR glasses, wearables, and hearing aids, USound MEMS loudspeakers require up to 50% less space and consume 80% less energy and offer a greater frequency range per unit of area. "Once more, it is demonstrated how our compact MEMS speakers-based audio solutions enable manufacturers to add more features to hearables and wearables for an improved user experience." says Andrea Rusconi, CTO, and Co-Founder of USound. "We are excited to showcase our first demonstration of making Contextual Augmented reality near and accessible by integrating cutting edge technologies into an acceptable and wearable form factor. Stay tuned with us for exciting offerings." says Sagar Madliyavar CEO and Founder of Focally. Focally is one of the several companies benefiting from USound MEMS-based audio solutions that will launch wearables and hearables products to the market in 2022 and through 2023. About USoundUSound is a fast-growing audio company offering high-performance silicon speakers and high-quality sound solutions based on MEMS (Micro-Electro-Mechanical Systems) technology, safeguarded by over 300 filed patents. With its offices in Graz, Vienna, San Francisco, and Shenzhen, USound serves international customers to design smart audio applications with MEMS speakers. Learn more on www.usound.comAbout FocallyFocally is a Deep-tech AR startup based in India with a core mission to enable access to the full potential of augmented reality technology to consumers by introducing AR wearables, XR accessory devices, and related software products. With the introduction of True AR spatial compute glass, we plan to revolutionize the next generation of computing era with wearable computers. www.focally.inPress contactUSound GmbH:Janel Leonor - press@USound.comThomas Reiter, Reiter PR - Thomas.Reiter@reiterpr.comDr. Alexandra Vasak, Reiter PR - +43 699 120 895 59, alexandra.vasak@reiterpr.comFocallyAnish Mallappa - am@focally.in Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Innovative Fintech Start-up KPay completes US$10 million financing ACN Newswire

Innovative Fintech Start-up KPay completes US$10 million financing

HONG KONG, Sep 26, 2022 - (ACN Newswire via SEAPRWire.com) - Fintech start-up KPay Merchant Service Limited ( KPay ) is pleased to announce that it has completed a US$10 million financing round, with the support of its founders. KPay has developed rapidly since its establishment in Hong Kong at the end of 2020. With its leading technology and comprehensive one-stop digital payment and business management solutions, KPay has effectively catered to the operational needs of micro, small and medium-sized enterprises (MSMEs) and has amassed more than 12,000 local merchants within a short period of time - achieving a lead over its peers in customer acquisition. KPay will use the funds raised to support product development and regional expansion, and is actively preparing for institutional round financing.With its leading technology and comprehensive one-stop digital payment and business management solutions, KPay has amassed over 12,000 local merchants. The Company is set to develop Singapore and Taiwan markets this year.Davis Chan, Chief Executive Officer and Co-founder of KPay, said, "KPay officially commenced operations in early 2021, adhering to the mission of empowering MSMEs to drive growth and promote digital transformation. We have established three major business engines, namely, payment with KPay, B2B ecosystem with KConnect, and MSME financing with KFund. We are encouraged by the successful completion of this US$10 million round of funding. With an experienced and professional team, the Company will continue to optimise products and services, expand market coverage, and strive to bring efficient and convenient integrated business solutions to MSMEs in various industries in Hong Kong and other Asia Pacific markets."As a financial technology company focused on developing a full range of business solutions, KPay is committed to empowering MSMEs to enhance market competitiveness with its cutting-edge technologies. Currently, KPay's customers span across a wide variety of sectors such as retail, food & beverage, beauty, healthcare, education and professional services. Last year, the Company launched its first KPay electronic payment service to provide a one-stop transaction payment solution to merchants. Its Smart POS Terminal accepts up to 14 major payment channels including Visa, Mastercard and UnionPay, effectively simplifying the cumbersome payment collection and settlement process. The Company is also planning to launch its online payment gateway in the fourth quarter this year. Pairing with the in-house developed mobile application, merchants can view consolidated data from different payment channels. This allows merchants to easily monitor their business performance and identify sales trends. Following the success of its electronic payment service, KPay launched the KConnect cloud business management tool platform and the KFund financing service product this year to further expand the scope of its services, bringing more innovative features and comprehensive support to MSMEs. KConnect has built a comprehensive B2B ecosystem with SaaS tools from multiple local service providers for merchants to choose from, covering membership management systems, retail systems, accounting and bookkeeping systems, inventory management, etc. Focusing on the daily operational needs of MSMEs, it provides a simple and convenient one-stop management system to help merchants easily address their operational pain points. The solution will provide an integrated data dashboard which allows merchants to view real-time operational data analyzed across multiple 3rd party SaaS tools. KFund, meanwhile, utilises merchants' transaction data to tailor financing solutions to meet their needs.Riding on the strong growth momentum, KPay established an office and formed a business development team in Singapore in June this year. In its first step to expand in the country, KPay has launched its payment solutions to the market. The number of customers served by the Company's business in Singapore is gradually picking up and the successful business model and growth trajectory of Hong Kong market are expected to be replicated in Singapore. Meanwhile, KPay is at the final stage of preparation for its expansion into the Taiwan market. The Company envisages launching its services in the market in the fourth quarter of this year, thus taking its presence to another market outside of Hong Kong. Looking ahead, KPay will actively explore the Asia Pacific market, further expand its user base and provide comprehensive business support to more SMEs.About KPayEstablished in July 2020 and headquartered in Hong Kong, KPay Merchant Service Limited ( KPay ) is a financial technology (fintech) company focusing on providing integrated business solutions, and offering professional and innovative products to enhance the market competitiveness of micro, small and medium enterprises (MSMEs) in the Asia Pacific region. KPay solutions were launched in early 2021, covering online and offline fintech services including electronic payment platforms and user management products. With the support of a top-notch technology development team, the Company strives to improve the functionality of various products to cater to the needs of merchants and help them maximise business performance. KPay is abreast of market trends in different regions where its highly experienced sales and after-sales teams provide merchants with a range of business logistics and support, enabling MSMEs from different sectors to better operate by enhancing their ability in digital technology application and allowing KPay to realise its vision of "building a mutually beneficial and synergistic e-finance ecosystem". Visit the company's website at https://kpay-group.com/en-sg/home.KPay Merchant Service LimitedKatie Lau +852 3706 7836 / 9804 6148 katielau@kpay-group.comStrategic Financial Relations LimitedShelly Cheng +852 2864 4857 shelly.cheng@sprg.com.hkCarol Cheung +852 2114 2200 carol.cheung@sprg.com.hkDaphne Duan +852 2864 4833 daphne.duan@sprg.com.hk Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Honda and Idemitsu Hold 10th Anniversary Event of Rider Development Project at Grand Prix of Japan JCN Newswire

Honda and Idemitsu Hold 10th Anniversary Event of Rider Development Project at Grand Prix of Japan

TOKYO, Sep 26, 2022 - (JCN Newswire via SEAPRWire.com) - To commemorate the tenth anniversary of the rider development program conducted by Honda Motor Co., Ltd. (Director, President and Representative Executive Officer: Toshihiro Mibe) and Idemitsu Kosan Co., Ltd. (Idemitsu, Representative Director President and Chief Executive Officer: Shunichi Kito) aimed at "discovering and nurturing world class Asian riders, and developing motorsports culture in Asia," the companies held a ceremony at Mobility Resort Motegi, where the 2022 FIM* MotoGP World Championship Round 16, the Grand Prix of Japan is being held.The rider development program by Honda and Idemitsu began in 2013 with the IDEMITSU Honda Team Asia's entry into the Moto2 World Championship. In 2016, Honda Team Asia, aimed at providing a path to Moto2, began racing in the Moto3 class. The following year, the Dorna Sports SL.-organized Idemitsu Asia Talent Cup kicked off, aiming to produce world-class riders. In 2018, IDEMITSU Honda Team Asia rider Takaaki Nakagami moved from Moto2 to representing LCR Honda IDEMITSU in the MotoGP class, completing the rider development path to the premier class.To celebrate the project's tenth anniversary, the companies held a ceremony on the Mobility Resort Motegi track, where the Grand Prix of Japan, home race to both companies, is held. The event was attended by LCR Honda IDEMITSU's Takaaki Nakagami, IDEMITSU Honda Team Asia's Ai Ogura and Somkiat Chantra, Honda Team Asia's Mario Suryo Aji and Taiyo Furusato, and Moto2 / Moto3 team manager Hiroshi Aoyama, along with IDEMITSU Honda Team Asia's first team manager Tadayuki Okada and Yuki Takahashi. Idemitsu's President, Shunichi Kito, Dorna Sports' CEO Carmelo Ezpeleta, and Hondas President Toshihiro Mibe expressed their renewed passion in continuing the project to develop motorsports culture in the Asia region.Shunichi Kito: Representative Director President and Chief Executive Officer, Idemitsu Kosan Co., Ltd."I am proud that we have been involved with Honda in developing young riders for the past ten years, and acting as technical advisor for the teams' oil strategies. The project has many accomplishments, beginning with Yuki Takahashi participating in the Moto2 class, Takaaki Nakagami becoming the only Japanese rider to compete in the MotoGP class since 2018, and Ai Ogura and Somkiat Chantra, both former Asia Talent Cup riders, winning races in the Moto2 class. These achievements were made possible with the continuing efforts by the riders, the team managers, the teams, Honda and Dorna, and with the support of all its fans. I am grateful for all the support we have had. We will continue to fight alongside riders who aim for the pinnacle of motorsports, with high ideals and fighting spirits."Toshihiro Mibe: Director, President and Representative Executive Officer, Honda Motor Co., Ltd."I am very pleased that our project with Idemitsu to develop young Asian riders has reached its tenth anniversary. For Honda, this project which is part of its racing activities in the Asia region to make the dreams of young riders aspiring to race in the MotoGP class come true, is very meaningful. I am truly grateful for Idemitsu's continued support for this project. Our hope is that motorsports will gain further in popularity, through more and more Asian riders competing in the premier MotoGP class."*FIM: Federation Internationale de Motocyclisme Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Malaysian Genomics Grows Presence in Thailand ACN Newswire

Malaysian Genomics Grows Presence in Thailand

PETALING JAYA, Malaysia, Sep 23, 2022 - (ACN Newswire via SEAPRWire.com) - Malaysian Genomics Resource Centre Berhad (Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, is pleased to announce today a series of collaborations to grow its customer base in Thailand as well as exploring opportunities for research and development (R&D) of new products and services.Ms. Songsuda Panich, Founder of Marine Group; Encik Sasha Nordin, Chief Executive Officer of Malaysian Genomics; Mr. Choy Hong Yang, Director of Salus Holdings [L-R]Chief Executive Officer of Malaysian Genomics, Encik Sasha NordinThe Group signed a supply and collaboration agreement with Acquest Healthcare Stem Cell Research and Development Co. Ltd. to produce CAR T-cells for supply to Acquest's customers. Acquest is a well-established provider of various cell therapies to hospitals, specialist doctors, and patients in Thailand. It operates a state-of-the-art clinical laboratory and also the largest privately-owned specialty human cell culturing facility in the country.The Group also signed a supply and collaboration agreement with Salus Holdings Co. Ltd. ("Salus") to supply biopharmaceutical and genomics products and services to Salus' customers. Salus is a specialist in wellness and health screening using science and technology for early disease detection and managing programmes for lifestyle intervention based in Bangkok, Thailand. Finally, the Group signed a Letter of Intent with Marine Group Co. Ltd. and Salus on collaborative research in the use of genetic screening tests and formulated cosmetic products containing certain cell therapy ingredients on the regeneration of skin and hair of patients. Marine Group is an aesthetic and wellness specialist with a network of over 42 centres under the brands Slim Up(TM), Skin Doctors(TM), and Biocell(TM).The signing ceremony was attended by His Excellency Dato' Jojie Samuel, Ambassador of Malaysia to Thailand and Encik Mohamed Hafiz Md Shariff, Trade Commissioner of MATRADE Bangkok.Chief Executive Officer of Malaysian Genomics, Encik Sasha Nordin, said, "We are looking forward to a fruitful relationship with our Thai partners, Salus and Acquest. These collaborations are part of our strategy of growing our customer base and increasing our presence overseas through working with business partners who have an established presence in their respective market segments."Dr. Roland Neff, CEO of Acquest, said, "This collaboration is the first step as both parties explore the possibilities of conducting joint R&D that can result in new products and services that can be commercialised. We have a state-of-the-art clinical laboratory in Bangkok and also the largest privately-owned specialty human cell culturing facility in the country."Mr. Choy Hong Yang, Director of Salus, said, "At Salus, we use science and technology to provide services on disease detection, prevention and life-span improvement. This collaboration with Malaysian Genomics will enable us to leverage on their genetics knowledge and expertise to offer more products and services while the strategic cooperation is in keeping with our core value of joint innovation to offer new technologies to our customers."Ms. Songsuda Panich, Founder of Marine Group, said, "Skin Doctor, Slim Up and BioCell centres are always striving to provide the latest in skin and aesthetic science and technology for our customers. We look forward to collaborating with Malaysian Genomics and with Salus Healthcare on research and development involving cell regeneration products."Malaysian Genomics Resource Centre Berhad: 0155 [BURSA: MGRC] [RIC: MGRC:KL] [BBG: MGRC:MK], http://www.mgrc.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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TOYOTA GAZOO Racing Looks Forward to Another Returning Classic JCN Newswire

TOYOTA GAZOO Racing Looks Forward to Another Returning Classic

TOKYO, Sep 23, 2022 - (JCN Newswire via SEAPRWire.com) - The TOYOTA GAZOO Racing World Rally Team makes its first trip to Rally New Zealand determined to compete for the top positions when the event's popular gravel roads return to the world stage for round 11 of the 2022 FIA World Rally Championship on September 29-October 2.2022 GR YARIS Rally1 HYBRIDKeen to look forward after a disappointing weekend on the rough and rocky roads of Acropolis Rally Greece, the team heads to New Zealand with a lead of 63 points in the manufacturers' championship while Kalle Rovanpera leads the drivers' championship by 53 points and has his best opportunity yet to clinch his first title if he can add eight more points to his advantage.Joining Rovanpera and Elfyn Evans - who make their Rally New Zealand debuts - will be reigning world champion Sebastien Ogier, who finished a close second on his previous visit to New Zealand in 2010 and returns to the team's line-up for the final three rounds of the season. Takamoto Katsuta will be another New Zealand first-timer in his TGR WRT Next Generation entry.Back on the WRC calendar after 10 years away, Rally New Zealand is famed for fast and flowing stages that wind their way through the stunning scenery of the country's North Island. The smooth gravel roads are characterised by their pronounced camber which drivers can use to carry more speed through corners.The rally is based in New Zealand's largest city Auckland, with the service park located on its waterfront and the opening stage to take place in the Pukekawa Auckland Domain park on Thursday evening. Friday then features more than half of the rally's competitive distance with 158.56 kilometres to be driven across two loops of classic stages to the south around Raglan, starting with the iconic Whaanga Coast which is followed by two stages around Te Akau. A tyre fitting zone in Raglan separates the two loops, rather than a full service. Saturday takes place to the north of Auckland with two more loops of three stages run either side of service, while Sunday is made up of two repeated stages on the city's eastern side, with the second pass of the purpose-built Jack's Ridge as the rally-ending Power Stage.Quotes:Jari-Matti Latvala (Team Principal)"Personally I am really looking forward to going back to New Zealand and I think it's a rally that our team can look forward to as well. Greece was of course disappointing for us and there are lessons we can take from there to be stronger on similar rallies in the future. But Rally New Zealand is a very different gravel rally. The surface is smoother, the roads are fast and flowing, and the camber makes it feel like you are dancing with the car. The roads are amazing and you don't find them anywhere else in the WRC. I had the pleasure to win there myself in 2010, actually in a very close finish with Sebastien. For the rest of our drivers it will be a new challenge but I think they will all enjoy those roads and I'm confident we can be fighting for the victory once again."Sebastien Ogier (Driver car 1)"After a nice break it's exciting to be getting back in my GR YARIS for these three events to end the season. Rally New Zealand is one of the rallies I really wanted to do this year. I was there once before in 2010 and I have mostly good memories; it was a very close fight until the final corners when a spin handed the win to Jari-Matti. At the time it was hard to take but thankfully I could score my first WRC win just a few weeks later. The rally itself is beautiful with some of the best roads in the world. After this break it won't be easy to get back in the rhythm right away, but like always I will try to compete for the victory and help the team to the best possible result."Elfyn Evans (Driver car 33)"It's going to be exciting to finally have the chance to compete in New Zealand for the first time. I've heard many great things about the event and especially about the roads and how rewarding they are to drive. So if what everybody says is true then I'm sure we're going to have a lot of fun there and hopefully we can have a good rally. It's never easy to prepare for a new event like this, particularly because we're not able to test outside of Europe, but within the team we do at least have some previous experience from New Zealand, not least from Jari-Matti and Seb. We've also been having a look through the archives for old videos of the stages just to get an idea of what we're likely to face."Kalle Rovanpera (Driver car 69)"It will be really interesting to go to Rally New Zealand. I have only heard good things about the country and the rally and how nice the roads are. To prepare we have been watching whatever videos we can to get an overview of how the stages are and to understand what we might need from the car before we get there. Recent rallies have not been ideal for us but we know what we need to improve and we are working hard to have more pace and be more comfortable. Again we will be opening the road in New Zealand but hopefully we can have good speed, enjoy the event and finish with a good result."Please visit www.wrc.com for the latest. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Hitachi Energy launches innovative oil-free and plug-and-play traction transformer JCN Newswire

Hitachi Energy launches innovative oil-free and plug-and-play traction transformer

ZURICH, SWITZERLAND, Sep 22, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy today announced the launch of its innovative oil-free traction transformer RESIBLOC Rail, with integrated cooling system and voltages up to 25-kilovolt (kV), at InnoTrans, the international trade fair for rail transportation at the Berlin Messe in Germany happening from September 20-23, 2022.RESIBLOC Rail with integrated cooling system and voltages up to 25 kVThis plug-and-play solution is a breakthrough technology for dry-type on-board traction transformer. By integrating an efficient cooling system, Hitachi Energy significantly reduces installation complexity for train manufacturers while retaining the benefits of dry-type transformers.In 2018, Hitachi Energy officially launched its flagship dry-type traction transformer: RESIBLOC Rail with voltages up to 15 kV. Since then, the technology has evolved, and its voltage rating has increased up to 25 kV.Hitachi Energy has now further enhanced the capabilities of this technology and is introducing RESIBLOC Rail up to 25 kV with integrated cooling system. This traction transformer comes with a factory-fitted cooling system that is integrated with the design of the traction transformer, thus offering a never-before possibility of a plug-and-play solution of dry-type traction transformer to the customer.Traction transformers route power from overhead train cables to essential train functions like traction, lighting, heating and ventilation, brakes, signalling and communication. They are installed on the train and are therefore also known as "on-board" rail transformers. Dry-type (oil-free) traction transformers bring the benefits of high-level efficiency, people and environmental safety, lower maintenance, and failure rate reduction by removing liquid that brings potential risk and additional maintenance.Safety, reliability, availability, low maintenance and high efficiency are key for the rail industry players to design better trains for passengers, operators and planet. Carbon emissions are impacting more and more the environment, and it is the responsibility of all value chain players in the rail industry to reduce CO2 emissions. Ambitious targets set by the governments are also a challenge for rail operators and can be only achieved through collaboration and innovation.This plug-and-play and oil-free traction transformer is a result of Hitachi Energy's deep commitment to innovation to offer substantially lower operating costs with lesser energy consumption and CO2 emissions, while coupled with low asset maintenance. The RESIBLOC Rail with integrated cooling traction transformers is now available today."Dry-type transformers offer unmatched protection to people, property and the surrounding environment," said Bruno Melles, Managing Director of Transformers Business Unit at Hitachi Energy. "This pioneering RESIBLOC Rail transformer technology developed by our world-class engineers will help accelerate a sustainable energy future for societies and the rail industry," he added.About Hitachi Energy Ltd.Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD. www.hitachienergy.comAbout Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at www.hitachi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Pagoda Celebrates the 6th New Retail Anniversary: Fulfillment of ESG Philosophy with Consistent Efforts on Customer-centric Management ACN Newswire

Pagoda Celebrates the 6th New Retail Anniversary: Fulfillment of ESG Philosophy with Consistent Efforts on Customer-centric Management

HONG KONG, Sep 20, 2022 - (ACN Newswire via SEAPRWire.com) - Lately, Pagoda, China's biggest fruit chain retailer, released its 6th New Retail Anniversary Report. The report suggests steady growth in Pagoda's new retail business, as evidenced by over 15 million app downloads, 47 million mini program subscribers and over 5.4 million store community users hitherto in online operation. During this year's August 18 anniversary promotion, Pagoda's GMV in online operation hit CNY 30 million within two days merely.For years, Pagoda has been invariably upholding the philosophy of customer-centric management, whereby Pagoda stands out in the competition with a development framework featuring comprehensive distribution channels, a variety of categories and first-rate services.In terms of distribution channels, Pagoda has established a neighborhood-based fruit retail chain model with characteristics of online/offline integration, store/warehouse integration, timely delivery and next-day delivery, among which, next-day delivery is defined as one of the key businesses this year. By leveraging infinite space for the display of more commodities for sale online, Pagoda furnishes customers with a wide selection of items. Up to now, the next-day delivery business has been available in 30 cities nationwide.In terms of product, Pagoda builds quality fruit brands with utmost efforts, including 27 knock-outs and level A product brands; its fresh product brand "Panda Master" has originated 185 products falling into rice, flour, grain & oil, meat, poultry, egg & milk, quick-frozen food, condiments, etc.In terms of services, Pagoda keeps putting into practice the return policy "fruit can be returned without the receipt, physical object or reason". In 2021, Pagoda's refund amount represented only 0.15% of its revenue. Granting customers the decision power of return, Pagoda's "heart-to-heart retail" has hereby been recognized by consumers. Winning consumer confidence, Pagoda reins in its management cost with effectiveness.As an advocate of long-term development, Pagoda is in a constant quest for fulfillment of ESG philosophy, with a view to the sustainable development of enterprise, agriculture, ecology and society.In terms of social responsibility, Pagoda has a firm conviction that "it's better to pass on fishing skills than to hand out fish". Its holding subsidiary Fruit Ally assigns its tech team to help establish poverty alleviation bases and impart planting knowledge to local fruit farmers, under Pagoda's support in marketing, commercialization and branding.Moreover, Pagoda takes multi-pronged measures, such as the introduction of BLOF technology and use of soil analysis and fertilization design, to effectively address soil problems including pathogens, hardening and salinization, etc.; making allowance for physiological growth characteristics of different crops, Pagoda deploys compost, microorganism and systemic fertilization for organic farming, so as to produce eco-friendly and nutritive agricultural products with high quality and yield but low cost.BLOF-based "Three-Zero" vegetables are now in seasonal crop rotation across partnering bases. "Three-Zero" vegetables feature zero fertilizer, zero pesticides and zero hormones throughout plantation and production. To carry out the philosophy of rural vitalization with efficiency, Pagoda is deepening government-enterprise cooperation as well. In July this year, Pagoda concluded a strategic contract with Ningxia Department of Agriculture and Rural Affairs, with intention of facilitating the local implementation of BLOF technology and making "Three-Zero" vegetables exemplify the quality agricultural products of Ningxia.Pagoda Founder & CEO Yu Huiyong said, Pagoda plans to expand to more provinces and municipalities nationwide to help boost China's agriculture in the future, using management methods built up in years of practice. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Find and Join New IDOs through Uplift, Verified by Blockpass ACN Newswire

Find and Join New IDOs through Uplift, Verified by Blockpass

HONG KONG, Sep 19, 2022 - (ACN Newswire via SEAPRWire.com) - Compliance provider and expert Blockpass is proud to reveal its new partnership with Uplift, an IDO launchpad platform that facilitates and accelerates the launch of innovative blockchain projects. Besides providing KYC options for Uplift's platform, in this exciting new partnership Blockpass and Uplift will be conducting AMAs, giveaways and rewarding both LIFT tokens and facilitating IDO access to Blockpass users.Uplift is an award-winning investment platform that incubates, launches and accelerates blockchain-based projects, such as crypto, DeFi, Web3.0, GameFi, NFT and DEX projects. The Uplift launchpad is uniquely designed to be adaptive, fair and welcoming to the fast growing projects that it supports, and values community. Some of Uplift's focal points include making investment accessible, unique referral programmes, fully vetted projects, investors insurance, easy accessibility to all and a fair lottery system to allow everyone - not just whales - to be involved in IDOs. The platform currently boasts in excess of 8000 unique stakers, over US$1,200,000 raised capital and more than US$826,000 total locked value.Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users. Currently with more than 500,000 verified user identity profiles, Blockpass facilitates instant onboarding, and to date over 3000 services have taken advantage of this opportunity to get access to users with reusable digital identity profiles."IDOs have already started proving their importance and we've seen just how crucial companies like Uplift are for supporting and accelerating good projects into the blockchain ecosystem," said Blockpass CEO Adam Vaziri. "We're particularly glad to see Uplift's commitment to safety and security of its users, not just with Blockpass' solutions but with its own investor insurance methods and fairness checks in place.""At Uplift, the protection of our community is of the utmost importance, which is why we are pleased to be partnering with Blockpass to offer our users their best-in-class KYC services," said Growth Lead, Irina Berezina.Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations have led to a surge in interest for Blockpass' On-chain KYC(TM) solution which promises to change the way blockchains enable compliance. Through its recent work with Animoca Brands, Blockpass is developing the ability to provide KYC where the delivery of the verification result is provably sent and shown on a blockchain without sharing the underlying data. This represents a significant step towards the future Blockpass hopes to bring about where identity verification can be proved without revealing any personal information at all. About BlockpassBlockpass is building trust in the Crypto Economy by providing....- A home for all your Crypto KYC needs - KYC & AML for DeFi, exchanges & blockchains, Travel Rule provision for regulated VASPs, and blockchain forensics.- A decentralized network of over one million crypto enthusiasts with portable KYC profiles and around one thousand business customers.- The fastest, most affordable, fully stacked KYC & AML screening in the Crypto sector.In 2021, Blockpass was invited to enter the Cohort 7 of the UK Financial Conduct Authority Sandbox to offer a pilot our solutions for the UK market. Blockpass also introduced the On-chain KYCTM solution that enables customers to access zero-knowledge verification of users so they can access provably completed verifications and adhere to standards without seeing the underpinning data. In 2022, Animoca Brands and Yuga Labs utilized On-chain KYC when they verified over 150,000 users in the $320 million Otherside NFT sale - the largest to date in Crypto sector history.The Blockpass App is available from the App Store and Google Play. For more information and updates, please visit and sign up to the following:Promotional video: https://youtu.be/SvO2cw3e-SIWebsite: http://www.blockpass.orgEmail: sales@blockpass.orgAbout Uplift DAOWho are Uplift?Invest in the future and earn in the present with Uplift. Uplift is an award-winning launchpad for IDOs. They incubate, launch & accelerate Crypto, Defi, Web3.0, GameFi, NFT, & DEX Projects.They believe that early investment opportunities should be accessible to all, which is why they offer a low barrier to entry, making it quick and easy for you to get into the early stages of best-in-class ventures!They assess the entire project, from the team of founders to the technology behind it, to ensure the company has a viable use case and is ultimately an excellent investment for their community of users. Why Buy and Stake LIFT?Only the best-in-class projects! Uplift has launched many successful projects, with NFT4Play raising $200,000 BUSD and YouMinter raising up to $450,675 BUSD. In addition, some of their projects have made gains of over 13x! When you stake $LIFT you get access to their upcoming IDOs and the chance to make huge profits! Unique Referral ProgramsOnce you've staked your $LIFT tokens, you can earn additional rewards for every person you introduce to Uplift, which means even more passive income!Earn in the PresentThe more $LIFT you stake and the longer you stake it, the higher the rewards!Low barrier to entry Most launchpads require a significant upfront investment before you can participate in IDOs, making a lot of launchpads exclusive clubs for rich "whales" that exclude the average retail investor. Uplift changes this and makes it easy for everyone to get involved, requiring a minimum stake of just $100 worth of $LIFT tokens.Fair Lottery SystemUplift operates a Fair Lottery system that ensures a "whale-resistant" approach to IDOs, allowing wallets of all sizes to access the sea of opportunities it provides. Opportunity to access private round investments Obtain the same benefits as venture capital firms! You can access exclusive investment rounds by staking 10,000 $LIFT tokens!Price Protection Promise Uplift offers a unique offer to protect investors - their Price Protection Promise! IDOs on Uplift come with a KPI-based refund guarantee if a project doesn't hit the agreed KPIs at the token generation event (TGE). This makes investing in IDOs with Uplift almost risk-free! Everyone has a say!Uplift operates as a decentralised autonomous organisation (DAO). So as a $LIFT token holder, you have voting rights and can also participate in decision-making about the future of Uplift! So with Uplift, your voice matters! Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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B.Duck Enters Web3 with GigaSpace Metaverse Partnership ACN Newswire

B.Duck Enters Web3 with GigaSpace Metaverse Partnership

HONG KONG, Sep 16, 2022 - (ACN Newswire via SEAPRWire.com) - B.Duck, a global character IP is entering Web3 with its first metaverse partnership with GigaSpace, working alongside MADworld to establish a Web3 blueprint for brands and IPs in the metaverse.Created by the Hong Kong-listed company Semk Holdings International Limited (2250.HK), B.Duck joins the initiative "Project Spaceport" by acquiring land NFTs in the GigaSpace and will build experiences to bring joy, positivity, and fun to its 10+ million fans around the world.Brought into the digital world by the NFT platform MADworld, B.Duck has already launched a 3D NFT collection. NFT owners can soon travel through GigaSpace and spread positivity to every corner of the virtual space.Project Spaceport & Web3Project Spaceport will be a cultural space district. Brands will be able to create their own virtual space when the Metaverse launches. B.Duck has already cemented its web3 presence permanently on the "Map of the Galaxy" at GigaSpace.MADworld, an NFT platform backed by Animoca brands, has also committed to building Project Spaceport in the GigaSpace.When the GigaSpace metaverse launches, B.Duck will help build the Museum of Brands, which will be an innovative way for brands to showcase their products, vision, and mission. Another exciting feature is branded avatars - fans will be able to travel in the GigaSpace with a B.Duck avatar."We're motivated by inspiring our fans the love for travel and bringing them joy and positivity. The metaverse is how we will experience Web3, and GigaSpace allows us to create innovative experiences for our fans," said Mr. Eddie Hui, the founder of B.Duck."B.Duck entering Web3 is prominent in establishing a foundation for digital creatives for brands and IPs. We're thrilled to be a part of the journey to offer tools for brands to express themselves in the metaverse," said M, co-founder of GigaSpace.About B.DuckDesigned by Eddie Hui in 2005, B.Duck was originally a gift for his children. B.Duck is the largest domestic character IP in China in terms of licensing revenue in 2021. With strong in-house artistic design capabilities, SEMK has developed and nurtured a proprietary portfolio of approximately 26 self-created characters created under the motto of "Be Playful". As of 31 December 2021, B.Duck family characters had recorded in aggregate more than 10.5 million subscriptions or follows by B.Duck fans on various e-commerce platforms and social networking platforms, within aggregate, over 740 million views of various types of content in relation to the elements of B.Duck family characters.About GigaSpaceGigaSpace is a blockchain-based virtual space metaverse where users can purchase land NFTs to create content and explore worlds. It offers a platform to drive the adoption of Web3 by helping brands and partners build their presence in the metaverse.Website: https://www.gigaspace.io/Twitter: https://twitter.com/Gigaspace2140Discord: https://discord.gg/gigaspace Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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LEO12 Reports on ‘ SARB’s guidance notice will lead to massive opportunities for South African crypto participants’ SeaPRwire

LEO12 Reports on ‘ SARB’s guidance notice will lead to massive opportunities for South African crypto participants’

Johannesburg, South Africa, September 16, 2022 – (SEAPRWire) – LEO12 has released a report on ‘ SARB’s guidance notice will lead to massive opportunities for South African crypto participants’. Crypto asset exchange LEO12 evaluates that the SARB’s guidance notice have begun the first stage of the crypto industry’s development in South Africa. With the crypto space maturing rapidly, regulators around the world are accelerating efforts to either embrace or regulate crypto assets. The South African Reserve Bank’s Prudential Authority has issued a guidance note to banks discouraging them from cutting off companies that offer cryptocurrency services. South Africa’s main banking industry regulator, the Prudential Authority, has said some banks’ decisions to terminate relationships with crypto entities “may pose a threat to financial integrity in general.” In addition, the regulator suggested that avoiding cryptocurrency entities completely could potentially weaken banks’ risk management processes. According to the officials of LEO12 exchange, “Many other central banks and financial institutions around the world now adhere to policies to tighten regulations on the crypto sector. Therefore, we welcome this SARB’s guidance note very positively. This means that the South African government is convinced of the development of the crypto industry and intends to take the lead in Africa. We look forward to South Africa becoming the most innovative crypto industry hub in Africa.” “We fully understand that banks are a key service provider for crypto asset businesses, connecting users with local fiat money. And the proper regulations provide trust to crypto operators and users, helping the market growth. The SARB’s guidance note is the first step in promoting cooperation between banks and crypto operators, and we hope this will help more people in South Africa get one step closer to Crypto.” “The top priority for the LEO12 exchange is to ensure that our customers trade their assets safely and to prevent illegal money laundering. To do so, we believe that it will be easier to work with crypto operators and existing banks under some clear regulations to provide customers with more solutions, giving them confidence in crypto. It’s paradoxical when you think about the ideology of crypto and blockchain technology, but if you look at crypto from a financial perspective.” LEO12 is conducting a safe and reliable crypto asset service to customers in South Africa within the regulatory frameworks of the Financial Sector Conduct Authority (FSCA) and the Intergovernmental Fintech Working Group (IFWG) and is constantly commenting when FSCA designs the regulatory framework. LEO12 also strengthened monitoring and reporting of crypto asset transactions by completing the goAML registration (REF/SHREG-220210-0000053) in February 2022 to prevent money laundering and terrorist financing in accordance with the Financial Intelligence Centre (FIC). About LEO12 crypto exchange LEO12 exchange is a digital asset trading platform based in South Africa. LEO12’s aim is to use blockchain and digital assets to allow all users to access fair financial services, regardless of their location in the world or their economic position, especially in the African continent. Launched in 2021, LEO12 offers popular cryptocurrency trading such as Bitcoin, Ethereum, USDT, Ripple, Litecoin, Filecoin and 12 trading pairs with deep liquidity, competitive execution rates, and low fees. As a customer-centric exchange, LEO12 pursues to offer features that promote ease of use for African crypto users. Team LEO12 provides that users can purchase digital assets with ZAR within an hour and provides high-speed, stable performance, and a smooth experience of deposit and withdrawal. LEO12 is available on Desktop, Android, and iOS Social Links Twitter: https://twitter.com/LEO12_EXCHANGE Facebook: https://www.facebook.com/leoexchange Telegram: https://t.me/leo12exchange YouTube: https://www.youtube.com/channel/UCYexKq91XrueYQ5NwgzKxYg/featured Media Contact Brand: LEO12 Contact: Rendani Ramaphosa Email: support@leo12.com Website: https://www.leo12.com SOURCE: LEO12 The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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