Wing Lee Development Construction Holdings Limited Announces Proposed Listing on Main Board of The Stock Exchange of Hong Kong Limited

September 27, 2024
Investment Highlights:- Our vision is to become a pioneer in the construction industry and lead the direction and standards of industry development.- Our mission is to maintain the best performance in safety, health, environment and quality in the industry.- Our goal is to consolidate our market position, expand our market share, and seize growth opportunities in Hong Kong's construction industry.- With over 18 years of extensive experience in Hong Kong's civil and electrical engineering industries, Wing Lee has participated in sizeable infrastructure projects including the Third Runway Projects at the Hong Kong International Airport, a village sewerage project at Mui Wo in respect of road and drainage works, and electrical cable engineering works for the CLP Group. The Company is the largest power cabling and civil pipeline installation subcontractor in Hong Kong in 2023.- Highly experienced management team, includes the two founders who have more than 26 and 18 years of experience in the industry, respectively, and are responsible for the overall management, formulation of business strategies and development, as well as the Company’s environmental protection and sustainable development process.- Has its own workforce and abundant machinery and equipment, providing flexibility to undertake sizable infrastructure projects, reducing the reliance on subcontractors or suppliers and maintaining its competitiveness of pricing.- Imposes a stringent quality control and high safety standard and environmental impact control.- Grasps the trends of sustainable development in Hong Kong, started deploying solar PV system business as early as in 2019.- Distributor of electric construction machinery of China Wealth Hong Kong Machine Limited, a fellow subsidiary of SANY Heavy Industry Co., Ltd* (a company listed on the Shanghai Stock Exchange) and Sany Heavy Equipment International Holdings Company Limited (a company listed on the Hong Kong Stock Exchange)- For the year ended 31 March 2024, the Company’s revenue and net profit climbed year-on-year by 45.7% and 89.6%, respectively.HONG KONG, Sept 27, 2024 - (ACN Newswire via SeaPRwire.com) - Wing Lee Development Construction Holdings Limited (" Wing Lee " or " Company", together with its subsidiaries, the “Group”)), a new generation construction industry leader, announced today its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (the “HKEX”).Wing Lee plans to offer 250,000,000 Shares (subject to the over-allotment option), of which, 90% are for placing (subject to reallocation and the over-allotment option), and the remaining 10% will be for public offer (subject to reallocation), with an offer price range of HK$0.57 to HK$0.73 per Share (subject to downward offer price adjustment where the offer price will be HK$0.513 per Share). Assuming an offer price of HK$0.65 per Share, being the mid-point of the offer price range, and after deducting the underwriting fees, commissions and estimated expenses in relation to the share offer, the net proceeds from the share offer is estimated to be approximately HK$130.5 million.The public offer will commence on 27 September 2024 (Friday) and end at noon on 4 October 2024 (Friday). The allotment results will be announced no later than 8 October 2024 (Tuesday). Trading of Wing Lee’ Shares will commence on 9 October 2024 (Wednesday) under the stock code of 09639. The shares will be traded in board lots of 5,000 shares each.Alliance Capital Partners Limited is the Sole Sponsor and Overall Coordinator of the share offer, while Alliance Capital Partners Limited, China Galaxy International Securities (Hong Kong) Co., Limited, CMBC Securities Company Limited, ABCI Capital Limited, Haitong International Securities Company Limited and China Industrial Securities International Capital Limited are the Joint Bookrunners. ABCI Securities Company Limited, Cinda International Capital Limited, Phillip Securities (Hong Kong) Limited, Futu Securities International (Hong Kong) Limited, ZMF Asset Management Limited, Gaoyu Securities Limited and Livermore Holdings Limited are the Joint Lead Managers. The Cornerstone Investors include Sany Hongkong Group Limited, Accel Group Holdings Limited and The Triplex Holdings Limited.BUSINESS OVERVIEWThe Group is an established contractor in Hong Kong engaged in civil and electrical cable engineering and solar PV system works. With over 18 years of extensive experience in Hong Kong's civil and electrical engineering industries, the Group provides comprehensive and high-quality construction services. In terms of civil engineering works, the Group specializes in site formation works and road and drainage works. For electrical cable engineering works, the Group specializes in cable trenching, laying and jointing works. For solar PV system works, the Group specializes in design, installation and maintenance works of solar PV systems.For the three financial years ended 31 March 2024, the Group completed a total of 79 projects. In terms of site formation works, the Group has participated in sizeable infrastructure projects such as the Third Runway Projects at the Hong Kong International Airport. In respect of Road and drainage works, the Group was the main contractor of a department of Hong Kong Government for a village sewerage project at Mui Wo with a contract sum of approximately HK$99.1 million. As for electrical cable engineering works, the Group was one of the subcontractors for the CLP Group, providing zonal cable trenching, laying and jointing works in the Sham Shui Po, Wong Tai Sin and Tsuen Wan zones. According to the industry report prepared by Frost & Sullivan Limited, the Group is the largest power cabling and civil pipeline installation subcontractor in Hong Kong in 2023 with the market share of approximately 13.6% based on its revenue for FY2023/24. As at 31 July 2024, the Company currently has 27 projects in progress and its value of backlog amounts to approximately HK$815.5 million.Development and StrengthsWith the Hong Kong government deploying for and investing in site formation and infrastructure projects in the proposed Northern Metropolis Development, the Hong Kong-Shenzhen Innovation and Technology Park, and the Hung Shui Kiu/Ha Tsuen New Development Area, civil engineering market demand is expected to keep growing. Wing Lee has high hopes to stand out in the fierce market competition, be able to fully grasp the huge business opportunities in the developing industry, and in turn see its business revenue grow rapidly.For combating climate change and achieving carbon neutrality, the Hong Kong government launched the Hong Kong’s Climate Action Plan 2050, setting out the vision of “Zero-carbon Emissions • Liveable City • Sustainable Development”. In addition, the Development Bureau also established the Construction Innovation and Technology Fund (CITF) to support advanced construction technologies. Always staying abreast of Hong Kong’s development trend, the Group has been actively participating in finding energy efficiency solutions for the market. As early as in 2019, it started deploying its solar PV system business.Additionally, the Group has entered into a distribution agreement with China Wealth Hong Kong Machine Limited (“China Wealth”), a fellow subsidiary of SANY Heavy Industry Co., Ltd* (a company listed on the Shanghai Stock Exchange) and Sany Heavy Equipment International Holdings Company Limited (a company listed on the Hong Kong Stock Exchange). Furthermore, the electric machinery of China Wealth, such as electric loader and electric excavator, is on the pre-approved list of the Construction Innovation and Technology Fund (CITF) under the category of advanced tools and equipment. Thus, confident in electric machinery having opportunities to develop continuously, Wing Lee will purchase, invest in and deploy more of them for use in future projects.Wing Lee consistently emphasizes safety and is committed to promoting safety practice during the implementation of our projects. Over the past three fiscal years, the Company’s accident rates was lower than the industry average in Hong Kong. Additionally, Wing Lee will respond to the Hong Kong government's adoption of Smart Site Safety System (“4S”). The System can monitor activities and identify safety hazards, collect real-time data and send them to the centralized management platform for data analysis and issuing alert, offering workers assistance and protection any time plus a full picture of the safety situation on a construction site, for a project to be implemented more efficiently.One of the advantages of Wing Lee is its own strong workforce and machinery and equipment, giving it flexibility in allocating workers and machinery and equipment to handle projects of different sizes and complexity. Meanwhile, it also reduces the Company’s reliance on subcontractors or suppliers which would maintain its competitiveness of pricing.Wing Lee’s management team has extensive project experience and industry influence in theconstruction industries in Hong Kong. Among them, Mr. Yiu Wang Lee, Chairman, CEO, Executive Director, and co-founder, has over 26 years of experience in civil and electrical cable engineering industries; Mr. Yiu Wang Lung, an executive Director and one of our founders, has over 18 years of experience; Mr. Chan Lo Man, an executive Director, is primarily responsible for the day-to-day project management and day-to-day management of the operations of the Company. Mr. Chan has been responsible for overseeing the Company’s various major projects, including the projects with the CLP Group and the Third Runway Projects of the Hong Kong International Airport, among others; Ms. Tse Ka Wing has accumulated expertise with over 17 years of finance and accounting experience. The Company's three independent non-executive directors also bring rich industry experience. The Honorable Mr. Shang Hai Long is a member of the Legislative Council of the Hong Kong Special Administrative Region and serves as an advisor to several listed companies; Mr. Fu He has over 30 years of exceptional management experience in civil engineering, and held key positions in several listed companies; Mr. Leung Wai Hung has more than 20 years of extensive experience in multiple Hong Kong listed companies, including CK Hutchison Holdings Limited (Stock Code: 001).Financial PerformanceWing Lee has achieved a solid financial performance over the past three financial years. For the three financial years ended 31 March 2024, the revenue amounted to approximately HK$520.4 million, HK$361.2 million and HK$526.1 million, respectively. The net profit amounted to approximately HK$59.1 million, HK$40.6 million and HK$76.9 million, respectively. The gross profit margin increased from approximately 18.0% for the year ended 31 March 2022 to approximately 20.9% for the year ended 31 March 2023 to approximately 23.1% for the year ended 31 March 2024, while the net profit margin increased from approximately 11.3% for the years ended 31 March 2022 and approximately 11.2% for the year ended 31 March 2023 to approximately 14.6% for the year ended 31 March 2024.Mr. Yiu Wang Lee, Chairman, CEO, Executive Director, and co-founder of Wing Lee said: “The Group is committed to operating its business in a sustainable manner, making good use of resources and providing customers with quality and reliable services. We are fully aware that achieving long-term and sustainable development goals requires not only excellent business strategies, but also active promotion of environmental and social responsibility, talent development, and community feedback. We strive to achieve a balance and win-win situation among social, environmental, and economic aspects, thereby contributing to global sustainable development.”Use of ProceedsAssuming an offer price of HK$0.65 per offer share, which is the mid-point of the indicative offer price range, the Group expects to receive net proceeds of approximately HK$130.5 million, after deducting the underwriting fees and commissions and estimated expenses payable in connection with the Offering. The Group intends to use the proceeds from the Public Offering for the purposes and in the amounts set forth below:- Acquiring additional electric machinery and equipmentHK$58.7 million45%- Paying upfront costs for new projectsHK$45.7 million35%- Recruiting new staff membersHK$6.5 million5%- Procuring 4S and an enterprise resources planning systemHK$6.5 million5%- For our general working capitalHK$13.1 million10%Financial Highlights HK$ ’000For the year ended 31 March 202220232024Revenue520,351361,207526,099Gross Profit93,61375,533121,607Profit for the Year59,05540,56576,907Gross Profit Margin18.0%20.9%23.1%Net Profit Margin11.3%11.2%14.6% About Wing Lee Development Construction Holdings LimitedThe Group is an established contractor in Hong Kong engaged in civil and electrical cable engineering and solar PV system works. With over 18 years of extensive experience in Hong Kong's civil and electrical engineering industries, the Group has participated in sizeable infrastructure projects such as the Third Runway Projects at the Hong Kong International Airport. The Group was also one of the subcontractors for the CLP Group, providing zonal cable trenching, laying and jointing works in the Sham Shui Po, Wong Tai Sin and Tsuen Wan zones. It was the main contractor of a department of Hong Kong government for a village sewerage project at Mui Wo with a contract sum of approximately HK$99.1 million. According to Frost & Sullivan Limited, Wing Lee is the largest power cabling and civil pipeline installation subcontractor in Hong Kong in 2023 with the market share of approximately 13.6% based on its revenue for FY2023/24. One of the advantages of Wing Lee is its own strong workforce and machinery and equipment, giving it flexibility in allocating workers and machinery and equipment to handle projects of different sizes and complexity.THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR TO ISSUE, OR A SOLICITATION OF ANY OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES (THE “SHARES”) OF WING LEE DEVELOPMENT CONSTRUCTION HOLDINGS LIMITED (THE “COMPANY”) IN ANY JURISDICTIONS IN WHICH SUCH OFFER, INVITATION, SUBSCRIPTION OR SOLICITATION OR SALE IS NOT PERMITTED. THIS PRESS RELEASE AND THE SHARES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT") OR ANY STATE SECURITIES LAWS OF THE UNITED STATES, AND MAY NOT BE DISTRIBUTED OR OFFERED, SOLD OR DELIVERED, AS THE CASE MAY BE, IN THE UNITED STATES, OR TO, OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS, EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR IN ACCORDANCE WITH AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT. THE COMPANY HAS NOT AND DOES NOT INTEND TO REGISTER THE SHARES UNDER THE U.S. SECURITIES ACT OR MAKE ANY PUBLIC OFFER OF THE SHARES IN THE UNITED STATES. NO COPY OF THIS PRESS RELEASE (AND INFORMATION CONTAINED HEREIN) HAS BEEN OR SHOULD BE DISTRIBUTED OR SENT, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.THE PRICE OF THE SHARES MAY BE STABILIZED IN ACCORDANCE WITH THE SECURITIES AND FUTURES (PRICE STABILIZING) RULES (CHAPTER 571W OF THE LAWS OF HONG KONG) IN HONG KONG. THE DETAILS OF THE INTENDED STABILIZATION AND HOW IT WILL BE REGULATED UNDER THE SECURITIES AND FUTURES ORDINANCE (CHAPTER 571 OF THE LAWS OF HONG KONG) ARE CONTAINED IN THE PROSPECTUS OF THE COMPANY.THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS THAT STATE THE INTENTIONS, BELIEFS, EXPECTATIONS OR PREDICTIONS FOR THE FUTURE THAT ARE, BY THEIR NATURE, SUBJECT TO SIGNIFICANT RISKS AND UNCERTAINTIES AND THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS. Copyright 2024 ACN Newswire via SeaPRwire.com.
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The Executive Centre Reaches 50,000 Members ACN Newswire

The Executive Centre Reaches 50,000 Members

September 27, 2024
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HeartCore’s Go IPO Client, SBC Medical Group, Begins Trading on the Nasdaq Stock Exchange ACN Newswire

HeartCore’s Go IPO Client, SBC Medical Group, Begins Trading on the Nasdaq Stock Exchange

September 27, 2024
New York and Tokyo, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or “the Company”), a leading enterprise software and data consulting services company based in Tokyo, announced its Go IPO client, SBC Medical Group Holdings Inc. (“SBC”), has successfully commenced trading under the symbol “SBC” on the Nasdaq Global Market exchange. HeartCore was initially compensated through an aggregate $900,000 in initial fees and warrants to acquire 2.7% of SBC’s common stock, on a fully diluted basis, which equate to $17 million; in total, HeartCore generated $17.9 million in revenue from the SBC deal, with $17 million to be recognized in Q3 2024.As previously mentioned, of the $17.9 million, HeartCore sold $9 million worth of warrants to a Japanese financial institution during Q1 2024. The Company generated $5.64 million in net sales after paying a referral fee of $3.36 million to So Management Inc. for sourcing the lead. With SBC now publicly traded, HeartCore holds in total $8 million worth of SBC stock.Pursuant to the initial agreement, the Company assisted SBC throughout the listing process, including the audit and legal firm hiring process, translating requested documents into English, assisting in the preparation of documentation for internal controls required for an initial public offering, providing general support services, assisting in the preparation of the F-1 filing, and more.Additionally, HeartCore announced the following guidance range for Q3 2024:Revenue: $19 million-$23 millionNet Profit: $4 million-$8 million“The SBC Medical Group deal is our biggest Go IPO deal to date, amassing a gross total of $17.9 million in total top line revenue for HeartCore,” said CEO Sumitaka Kanno Yamamoto. “Our team played a vital role in fostering the go public process for our treasured client, and we are very much looking forward to the progress and continued success SBC will create as a publicly traded company on the Nasdaq.“Furthermore, we are very encouraged by our forecasted financials for Q3 2024, as HeartCore is slated to have its strongest quarter in corporate history. Relative to last year’s revenue for the first nine-months ended September 30, 2023, of $18.5 million, we anticipate generating between $28.1 million and $32.1 million in revenue for the nine months ended September 30, 2024, with a significant profit. We expect this year will be HeartCore’s strongest by far, and we continue to stay laser focused on providing value for our Go IPO clients, in addition to our enterprise software clients.”For more information, please contact:Mandy TanEmail: m.tan@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
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Excel Dryer Shines as a Double Honoree on Fast Company’s Best Workplaces for Innovators List ACN Newswire

Excel Dryer Shines as a Double Honoree on Fast Company’s Best Workplaces for Innovators List

September 27, 2024
EAST LONGMEADOW, MA, Sept 27, 2024 - (ACN Newswire via SeaPRwire.com) - Fast Company, the world's leading business media brand, with an editorial focus on innovation in technology, leadership, world-changing ideas, creativity and design, has selected Excel Dryer, Inc., for the 2024 100 Best Workplaces for Innovators (BWFI) list, ranking the manufacturer at number 40 among 100 companies that foster a culture of innovation and creativity in their workplaces worldwide. In addition to this distinguished honor, Excel Dryer was also selected as one of 10 finalists in the BWFI category of General Excellence.William Gagnon, Executive Vice President & Chief Operating Officer at Excel Dryer, accepted the Fast Company "100 Best Workplaces for Innovators" award.BWFI honorees are selected from across industries, chosen for their investment in employees and a workplace that encourages experimentation and forward thinking. The General Excellence category, new in 2024, recognizes companies that have established strong innovation cultures that have yielded remarkable results."As the creators of the energy-efficient, high-speed hand dryer category, Excel Dryer is proud to be recognized for our ongoing commitment to fostering employee engagement, creativity and vision," said William Gagnon, Executive Vice President & Chief Operating Officer at Excel Dryer. "We invest heavily in research and development, adopting state-of-the-art technologies that empower our employees across departments."Examples of recent initiatives at Excel Dryer include:Renovation of the company's global headquarters, guided by the WELL (IWBI) Standards with an emphasis on biophilic design, physical and mental well-being, and sustainabilityIntegration of collaborative ‘Cobots' (robotics) into the manufacturing process, enhancing workplace efficiencyDepartment-wide adoption of Cascading Goals and Levels of Excellence principles, providing a structured approach to facilitating communication, encouraging engagement and aligning goals"We remain dedicated to advancing the industry while ensuring that everything we do reflects the company values of sustainability, efficiency, wellness and inclusivity," Gagnon said. "This holistic approach to innovation not only drives Excel forward but improves the quality of life for our employees and the communities we serve."About Excel Dryer, Inc.Excel Dryer is a family-owned and operated company that revolutionized the industry with the invention of the XLERATOR® Hand Dryer, which set a new standard for performance, reliability and customer satisfaction. For more than 50 years, Excel has been manufacturing American-made hand-drying solutions that are dependable, cost-effective, safe and sustainable. Backed by the best customer service, Excel Dryer products can be purchased through an established network of sales representatives and distributors globally. Learn more about Excel Dryer at exceldryer.com.Contact InformationSue SpiryMarket Mentorssspiry@marketmentors.com413-787-1133Related ImagesWilliam Gagnon, Executive Vice President & Chief Operating Officer at Excel Dryer, accepted the Fast Company "100 Best Workplaces for Innovators" award.SOURCE: Excel Dryer, Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.
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GA-ASI Adds NIDV and NATO DIANA to Blue Magic Netherlands Agenda ACN Newswire

GA-ASI Adds NIDV and NATO DIANA to Blue Magic Netherlands Agenda

September 27, 2024
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Get It While It’s Cold: Cloud Retail Teams Up With Vilo Gelato to Ensure Frozen Gelato Deliveries Stay Perfectly Chilled ACN Newswire

Get It While It’s Cold: Cloud Retail Teams Up With Vilo Gelato to Ensure Frozen Gelato Deliveries Stay Perfectly Chilled

September 27, 2024
LONDON, Sept 27, 2024 - (ACN Newswire via SeaPRwire.com) - Delivering a temperature-sensitive product like gelato presents a number of challenges, especially in a tropical climate, so Vilo Gelato partnered with Cloud Retail to take advantage of its quick commerce experience. Vilo Gelato's proprietary cold-delivery process coupled with Cloud Retail's quick-delivery software ensures each delivery arrives at the perfect temperature every time.Cloud RetailWith 35+ locations, Vilo Gelato has become a favourite among ice cream enthusiasts for its unique flavours and commitment to quality. Now, Vilo Gelato is poised to enhance its customer experience by providing a seamless online shopping platform."We are thrilled to be partnering with Cloud Retail to bring our gelato to a wider audience," said Vincent Kusuma, CEO of Vilo Gelato. "This collaboration allows us to offer a new level of convenience to our customers, especially as online shopping continues to grow in popularity. With Cloud Retail's robust eCommerce platform, we are confident that our customers will have an exceptional online purchasing experience."Cloud Retail is a user-friendly and reliable eCommerce platform that enables us to achieve this goal. We are confident that through this partnership, our customers will not only receive high-quality Vilo Gelato products but also enjoy an exceptional online shopping experience. This is a significant step forward in ensuring our products are easily accessible to customers wherever they are, be it in the office, home, party, school, social gathering, park, etc."We believe this collaboration is a testament to our commitment to continuous innovation and delivering the best to our customers, while also leveraging technological advancements to provide better service. Having Cloud Retail as our strategic partner, we are better equipped to meet the evolving market demands and offer a modern, secure, and enjoyable shopping experience."Paul Findel, VP of Sales at Cloud Retail, expressed enthusiasm for the partnership, "Vilo Gelato is an exciting brand in Indonesia, and we are thrilled to work with them to bring their eCommerce vision to life. Our end-to-end solution is designed to handle all aspects of online sales, from user-friendly storefronts to secure payment processing and efficient delivery logistics. Our extensive experience in the grocery space was a perfect match for Vilo Gelato as their temperature-sensitive product requires an error-free rapid delivery. We look forward to helping Vilo Gelato expand its presence in the digital space."About Vilo GelatoVilo Gelato is an aspiring Indonesian-made ice cream with flavour and taste inspiration from Indonesia and around the world. Currently, more than 75 flavours are available to bring joy and happiness to customers around Indonesia. Visit https://www.vilo.id/.About Cloud RetailCloud Retail is an all-in-one eCommerce platform combining all the services you need in one tool, eliminating the need for multiple systems, improving efficiency, and lowering operating costs. Visit www.thecloudretail.com.Contact InformationMark RicksHead of Marketingmark.ricks@thecloudretail.comSOURCE: Cloud Retail Copyright 2024 ACN Newswire via SeaPRwire.com.
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EV Parts and Copper Foil Maker Londian Wason to Launch New Facility in Malaysia ACN Newswire

EV Parts and Copper Foil Maker Londian Wason to Launch New Facility in Malaysia

September 27, 2024
NANNING, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - Electrolytic copper foil maker Londian Wason New Energy Tech Inc. ('Londian Wason'), a global leading innovation-driven researcher, developer and manufacturer of electrolytic copper foils, signed a Memorandum of Understanding ('MOU') with Asas Panorama Sdn Bhd ('APSB'), the master developer of the Malaysia-China Kuantan Industrial Park (the 'MCKIP') for the development of high-end copper foil project (the 'Project').The signing of the MOU marks Londian Wason to expand its business to the global market. Londian Wason intends to launch the Project in MCKIP to produce different types of electrolytic copper foil used in EV batteries as well as copper clad laminates ('CCL').The Malaysia-China Kuantan Industrial Park (the 'MCKIP') was established on June 15, 2012, pursuant to the bilateral investment cooperation between the Government of Malaysia and the Government of the People’s Republic of China.Driven by global market demand, especially the popularization of EV and ESS (energy storage) applications, the demand for high precision electrolytic copper foil is continuously increasing. The Project is the first initiative by the Chinese copper foil maker in its global expansion strategy.Malaysia, an important partner in the Belt and Road Initiative, boasts a robust economic and trade relationship with China and neighboring countries, offering a fertile ground for foreign investors. Bolstered by the China-ASEAN Free Trade Agreement, provides a platform for diverse policy support and opportunities. The Project’s implementation will provide valuable operational experience, accelerating Londian Wason’s international strategy to further expand into MENA, Europe and North America. This strategic move is also expected to position the company more advantageously for the burgeoning Southeast Asian EV market.Mr. Guanran Wang, CEO of Londian Wason said the decision for Londian Wason to launch the Project is for the company to maintain its leading position in the industry, and a commitment that the company will be a trusted global partner to its customers. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Cleverbridge Announces Payments Veteran Kevin Feagan as Chief Revenue Officer ACN Newswire

Cleverbridge Announces Payments Veteran Kevin Feagan as Chief Revenue Officer

September 26, 2024
Cologne, Germany, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - Cleverbridge, the all-in-one e-commerce platform for global subscription businesses, today announced the appointment of Kevin Feagan as its Chief Revenue Officer. Feagan will report directly to Wendi Sturgis, Chief Executive Officer, and serve as a member of Cleverbridge's leadership team.Cleverbridge Chief Revenue Officer Kevin FeaganIn his new role, Feagan will oversee the go-to-market organization and be responsible for driving strategic alignment between all revenue-related functions. His extensive sales leadership experience in the payments industry from Everyware, FIS, and BluePay make Kevin the perfect fit to guide the continued success of Cleverbridge as it accelerates enterprise adoption of the merchant of record (MoR) model, which simplifies end-to-end ecommerce by consolidating payments, subscription management, sales tax compliance, and more."I'm thrilled to be joining Cleverbridge at this point in the company's history. The product, people, and clients have all impressed me immensely, but I've been particularly drawn to the leadership team. It's clear that Cleverbridge is ready for a major growth event, and I'm here to help make that happen," said Feagan. "I'm ready to take on the challenge, leverage my experience, and partner with our talented team to deliver even greater value to our clients. Together, we're going to build something amazing - and have a lot of fun doing it."Prior to joining Cleverbridge, Kevin served as the CRO at Everyware, an Austin-based company focused on ecommerce payments and card-not-present (CNP) transactions. Before that, Feagan served as Senior Vice President at FIS, a Fortune 500® leading provider of technology solutions for merchants, banks, and capital markets firms. A reflection of his significant contributions to the industry, Kevin was recognized on the Electronic Transactions Association (ETA)'s 2020 Forty Under 40 list."Kevin has a proven track record of growing payments and ecommerce companies, and his addition will enable Cleverbridge to build on existing momentum as we continue to scale merchant of record selling globally," said Sturgis. "It's clear that the industry is rapidly changing, but Cleverbridge's position has never been stronger. Technology businesses are increasingly looking for alternatives to costly, drawn-out implementations and complex multi-vendor ecommerce solutions. Cleverbridge is poised to give these businesses exactly what they're looking for, helping them to drive maximum growth with minimal effort."For more information, visit grow.cleverbridge.com or follow Cleverbridge on LinkedIn.About CleverbridgeCleverbridge is the all-in-one ecommerce platform for global subscription businesses. As a merchant of record (MoR), we consolidate the essential components of an ecommerce solution - including payments, subscription management, tax/VAT handling, and regulatory compliance - to help businesses offload operational work and automate digital transactions throughout the customer lifecycle. Since 2005, leading B2B and B2C technology companies across industries have trusted Cleverbridge to deliver frictionless buying experiences and optimize acquisition, expansion, and retention in over 240 countries and territories. Learn more at grow.cleverbridge.com.Contact InformationGordon KnappSenior Director, Marketinggordon.knapp@cleverbridge.comSOURCE: Cleverbridge Copyright 2024 ACN Newswire via SeaPRwire.com.
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AEON Credit Service Launches Modern and Eco-friendly ACN Newswire

AEON Credit Service Launches Modern and Eco-friendly

September 26, 2024
HONG KONG, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit Service" or the "Group"; Stock Code: 00900) is pleased to announce the launch of its new credit card design, ushering in a modern and eco-friendly update to its iconic AEON Cards* to enhance customers’ payment experience and further the Group's commitment to sustainability.The newly designed AEON Card is the first vertical card issued by the Group, which addresses the growing popularity of tap-to-pay contactless payments. This design allows customers to hold their card vertically like a mobile phone, bringing a more intuitive payment experience compared with the traditional horizontal card orientation. Moreover, this is the first UnionPay credit card in Hong Kong with a vertical orientation on both sides. Embracing a sleek, simple and modern aesthetic, the new card design features a numberless front, with all card information such as cardholder name, card number and expiry date moved to the back. It also utilizes a rPVC laser silver foil material and UV spot printing to give it a shimmering and elegant appearance. With regard to the design concept, it was inspired by the "AEON Eternal Ring" - an iconic symbol that represents the unity of AEON as a corporate group and its eternal world view of pursuing peace and respecting humanity.The new card face will be adopted by all newly issued AEON Cards starting from 30 September 2024. For existing AEON cardholders, the new credit card will only be issued when their existing card expires or a replacement card is needed. It is also worth noting that the new credit cards will use recycled Polyvinyl Chloride ("rPVC") - a plastic material employed in all issued AEON credit cards since September last year, reflecting AEON Credit Service's unwavering commitment to incorporating sustainability throughout its business operations.Mr. WEI Aiguo, Managing Director of AEON Credit Service, said, "We are excited to unveil this new vertical card face design, which marks an important milestone in our ongoing efforts to address evolving consumer preferences and payment experience. The new card design embodies AEON Credit Service's dedication to innovation and sustainability, offering our customers a more convenient and premium payment experience. Staying at the forefront of the industry and consumer trends, we will continue to enhance our product and service offerings to capture the tremendous opportunities in the growing consumer finance market."*Remark: Include AEON Card Premium Visa, AEON Card Premium Mastercard, AEON Card Premium UnionPay, AEON Visa Credit Card, AEON Mastercard Credit Card, AEON UnionPay Credit Card, AEON CARD WAKUWAKU and AEON Card JAL.AEON Credit Service launches modern and eco-friendly new vertical credit cardto intensify premium payment experienceAbout AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Innovation Beverage Group Limited Announces Pricing of $5.4 Million Initial Public Offering on the Nasdaq Capital Market Under Symbol “IBG” ACN Newswire

Innovation Beverage Group Limited Announces Pricing of $5.4 Million Initial Public Offering on the Nasdaq Capital Market Under Symbol “IBG”

September 26, 2024
SYDNEY, AU, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - Innovation Beverage Group Limited ("IBG" or the "Company"), a developer, manufacturer, marketer, exporter and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands with a focus on premium and super premium brands, today announced the pricing of its initial public offering (the "Offering") of 1,350,000 ordinary shares, at a public offering price of $4.00 per share for total gross proceeds to the Company of $5.4 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted a 30-day option to the underwriters to purchase up to an additional 202,500 ordinary shares solely to cover over-allotments, if any.The ordinary shares are expected to begin trading on The Nasdaq Capital Market, under the symbols "IBG", on September 26, 2024. The Offering is expected to close on or about September 27, 2024, subject to satisfaction of customary closing conditions.The Benchmark Company, LLC is acting as sole book-running manager for the Offering. Sichenzia Ross Ference Carmel LLP is serving as legal counsel to the Company.A registration statement on Form F-1 (No. 333-266965) relating to the securities being sold in this offering was declared effective by the Securities and Exchange Commission (the "SEC") on September 25, 2024. The Offering is being made only by means of a prospectus. Copies of the final prospectus may be obtained, when available, on the SEC's website, www.sec.gov, or by contacting The Benchmark Company, LLC, 150 East 58th Street, #17, New York, New York 10155, at (212) 312-6700.This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About Innovation Beverage Group LimitedInnovation Beverage Group Limited is a developer, manufacturer, marketer, exporter and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands with a focus on premium and super premium brands. The Company owns exclusive manufacturing rights in its beverage portfolio. The Company's products are sold in both the United States and Australian markets. To learn more, go to https://www.innovationbev.com/.Safe Harbor Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "may", "could", "expects", "projects," "intends", "plans", "believes", "predicts", "anticipates", "hopes", "estimates" and variations of such words and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks and are based upon several assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the Company's control. Actual results (including the anticipated benefits of the offering described herein) may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the risk factors described in the Company's filings with the Securities and Exchange Commission. The forward-looking statements are applicable only as of the date on which they are made, and the Company does not assume any obligation to update any forward-looking statements.Investor Relations Contact:TraDigital IRJohn McNamara917-658-2602John@tradigitalir.comSOURCE: Innovation Beverage Group Copyright 2024 ACN Newswire via SeaPRwire.com.
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U.S. Polo Assn. Concludes the Successful European Polo Season ACN Newswire

U.S. Polo Assn. Concludes the Successful European Polo Season

September 26, 2024
West Palm Beach, FL, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official brand of the United States Polo Association (USPA), proudly marked the successful conclusion of the European high-goal polo season, after sponsoring a series of prestigious tournaments across the continent. Throughout the summer, the sport brand had the privilege of sponsoring premier tournaments, including the Sotogrande Gold Cup, the Berlin Maifeld Polo Cup, and the French Open, each representing polo at the highest level."We are thrilled to have U.S. Polo Assn. be part of such prestigious, global events that not only promote the sport of polo but also connect with players, fans, and consumers in the European marketplace," said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the multi-billion-dollar U.S. Polo Assn. brand. "Our involvement in these international polo tournaments underscores our authentic connection to the sport and reflects our brand's commitment to global competition and community."For the first time, U.S. Polo Assn. was the Official Apparel Sponsor of Spain's premier polo tournament, the Sotogrande Gold Cup. Taking place from July 22 to August 31, this event showcased some of the world's top international players and polo ponies, which drew sold-out crowds to the Ayala Polo Club in Sotogrande. The sport-inspired brand provided staff outfitting, cap giveaways to event attendees, and prizes for the winners and runners-up of the tournament.Continuing its support across Europe, U.S. Polo Assn. sponsored the Berlin Maifeld Polo Cup from August 23 to September 1. This tournament, celebrated as the German High-Goal Championship, attracted sports fans to the Prussian Polo & Country Club - Berlin, where the sport-inspired brand was the Official Apparel Sponsor. This partnership provided competing teams with custom performance jerseys, caps, and hoodies, alongside umpire outfitting and cap giveaways during the sport's iconic halftime divot stomp.The European season concluded with the French Open for men and women, held at the iconic Polo Club du Domaine de Chantilly in France from September 4 to September 22. This prestigious competition, set in one of the most picturesque polo venues worldwide, offered a fitting finale to the European season, featuring high-level play and sportsmanship from athletes and their equestrian partners. As the Official Apparel and Jersey Sponsor, U.S. Polo Assn. provided players with custom performance jerseys and outfitting for staff, all featuring the brand's iconic double-horsemen logo."Engaging consumers through authentic experiences like sponsoring these prestigious polo tournaments allows us to celebrate the sport while showcasing the genuine spirit of U.S. Polo Assn. across Western Europe," said Lorenzo Nencini, CEO of Incom, S.p.A., U.S. Polo Assn.'s strategic apparel partner in Western Europe. "Connecting with consumers in this way has been pivotal in expanding our brand presence and resonating with the European market."About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country's oldest sports governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. A recent, multi-year deal with ESPN to broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., has made the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital growth. Due to its tremendous success as a global brand, particularly in the last five years, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and uspashop.com, and follow @uspoloassn.USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sports and lifestyle content. For more sports content, visit globalpolo.com.Contact InformationStacey KovalskyVP Global PR and Communicationsskovalsky@uspagl.com+001.561.790.8036Shannon StilsonVP, Sports Marketing & Mediasstilson@uspagl.com+001.561.227.6994SOURCE: USPA Global Licensing Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Middle East Organisations Intensify Investment in AI and Digital Experience Technologies: Key Findings from the Digital Experience Show Middle East 2024 ACN Newswire

Middle East Organisations Intensify Investment in AI and Digital Experience Technologies: Key Findings from the Digital Experience Show Middle East 2024

September 26, 2024
DUBAI, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - As digital transformation accelerates across the Middle East, companies are increasingly prioritising investments in AI and automation technologies to enhance their digital customer experiences. According to the 'Digital Experience Intelligence Report 2024,' released at the Digital Experience Show Middle East 2024 in Dubai, 41% of companies in the region are actively re-evaluating their AI platforms, recognising the rising role of artificial intelligence in delivering personalised and real-time customer interactions.The report also highlighted 28% of enterprises are revisiting their digital experience platforms to stay competitive in a rapidly evolving digital landscape, with 22% poised to implement chatbot and automation solutions to streamline customer service processes.The intelligence report also identified the key challenges organisations in the Middle East are grappling with as they navigate their digital transformation journeys. Achieving a clear return on investment (ROI) from digital transformation remains a top concern for 48% of companies, followed closely by the need for data-driven decision-making, which was cited by 47% of respondents. To address these challenges, businesses are upgrading their digital technology stacks with a focus on improving customer touchpoints and interactions. The report revealed that 48% of companies are investing in omnichannel engagement solutions to ensure consistent, frictionless customer experiences across all platforms. In parallel, 52% are prioritising customer analytics and personas to gain deeper insights into consumer behaviour.Ayusha Tyagi, Managing Director of Customer Experience Live, noted, "Companies across the region are at a critical juncture where they need to balance rapid technological adoption with meaningful outcomes. The emphasis on AI, data analytics, and omnichannel engagement, as underscored by the Digital Experience Intelligence Report, demonstrates that organisations are focused on creating experiences that are not only innovative but also deliver tangible business results."The Digital Experience Show 2024, and the co-located, Operational Excellence Show 2024, provided a key platform for businesses across the Middle East to explore cutting-edge solutions that are shaping the future of digital engagement and operational efficiencies. The conferences were supported by major sponsors including Optimizely, SAP LeanIX, Comarch, Emplifi, Acquia, Axelerant, and Ankura. Strategic partners included the International Customer Experience Institute and Customer Institute with BNC as the Project Intelligence Partner. Media partners included Customer Data Platform Institute, ACN Newswire via SeaPRwire.com, Siliconindia, StartupNews.fyi, CIOReview, Oman Oil and Gas, World Oils, OnestopNDT, and Energy Business. Industry leaders from prominent organisations such as Adnoc Distribution, Aramex, Aster DM Healthcare, Landmark Group, Talabat, and Bank al Etihad shared valuable insights on how to navigate the complexities of digital transformation, with a focus on leveraging AI, automation, and omnichannel strategies to enhance customer experiences.The conference also hosted the prestigious Digital Experience Awards, recognising leading organisations that have demonstrated excellence in digital innovation and customer experience transformation. Notable winners included the Ministry of Investment, Bupa Arabia, Riyadh Airports Company, and Dubai National Insurance, all of whom have made significant strides in enhancing customer engagement through technology.For more information on the 'Digital Experience Intelligence Report 2024,' please visit www.customer-experience.live.About Customer Experience LiveCustomer Experience Live is a leading digital customer experience insights and research powerhouse in the EMEA region. Committed to driving growth within organisations through rigorous research and insightful activations, the company plays a pivotal role in facilitating successful business ventures and fostering innovation in customer experience solutions. With a focus on understanding end-user needs and market dynamics, Customer Experience Live empowers top-level executives and solution providers to navigate the ever-changing landscape of customer experience.For more information, please contactRiji Raju, Customer Experience LiveEmail: riji.raju@customer-experience.live Copyright 2024 ACN Newswire via SeaPRwire.com.
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SPACES: Digital Innovation Meets Contemporary Art at Phillips ACN Newswire

SPACES: Digital Innovation Meets Contemporary Art at Phillips

September 26, 2024
LONDON, Sept 25, 2024 - (ACN Newswire via SeaPRwire.com) - HOFA Gallery and PhillipsX announce the launch of ‘SPACES', the inaugural selling exhibition in HOFA's new curated digital realities series; which brings together leading voices in the intersection of technology and art. The selling exhibition, set to debut at Phillips, London, from 3 - 10 October, during Frieze 2024, will showcase 10 works by eight global visionaries blending digital innovation with artistic expression: Sougwen Chung, Emily Xie, Refik Anadol, Krista Kim, Ana María Caballero, Shirin Abedinirad, Random International and Joseph Klibansky.Sougwen Chung, Spectral, 2024. Acrylic on Perspex, Created with DOUG6. (Photo by David Sprangl)Sougwen Chung, Spectral, 2024. Acrylic on Perspex, Created with DOUG6. 152.5 x 152.5 cm (Photo by David Sprangl)SPACES is a series of immersive exhibitions exploring the profound challenges and possibilities presented by computing technologies and their impact on humanity. The first edition at Phillips will feature a curation of contemporary artworks integrating digital techniques with tangible media, as well as digital works that challenge conventional perceptions of art, inviting viewers to reconsider the boundaries between the digital and physical realms.Elio D'Anna, curator and co-founder of HOFA Gallery, says, "HOFA is honoured to present SPACES with Phillips. This series explores the evolving interplay between digital technology and contemporary art, showcasing how artists are integrating AI and digital techniques into their work."D'Anna adds, "SPACES highlights the transformative impact of these technologies on art forms and reveals new possibilities for creative expression."One of the main highlights of SPACES is Sougwen Chung, the Chinese-Canadian artist named as one of TIME100's top AI innovators and whose human-machine collaboration was the first AI model acquired by the Victoria and Albert Museum, London.At Phillips, Chung will unveil Spectral, a dynamic new installation where a robotic arm will collaborate with them in the painting process, exemplifying the evolution of machines as creative partners rather than mere tools. This work explores the innovative interplay between humans and AI, and technology and artistic expression.Other highlights include:Krista KimKrista Kim, founder of Techism, is a pioneering artist who explores digital consciousness through art, technology and philosophy, working across both digital and physical mediums. As a cultural leader at the World Economic Forum since 2022, Vogue Singapore's metaverse editor, and one of UNESCO's '50 Minds for the Next 50,' Kim is widely recognised for her innovative contributions to the art world. Her notable works include the 2022 immersive installation Continuum in Times Square, and the 2024 installation Mirror of the Mind featured on The Sphere in Las Vegas.SPACES will showcase a triptych of Kim's signature gradient works, UV-printed on Trulife Plexi and mounted on Dibond. These pieces, created using digital software from as early as 2012, represent her vision of technology as a tool for mental wellness and cultural reflection. Her meditative gradients explore the fluid intersection of art and technology, symbolising constant transformation in the digital age.Emily XieXie is a New York-based artist known for her innovative use of algorithms to create lifelike textures and forms. Her work has been showcased at the Singapore ArtScience Museum and the Armory Show in New York. Inspired by traditional Chinese embroidery, Xie's exhibited work Cresting Figure is a digital collage integrating rich textures and intricate patterns, reimagining ancient techniques through generative AI within a digital framework. Bridging the gap between contemporary art and 21st Century technology, it offers a beautiful perspective on cultural heritage.Refik AnadolAnadol is a Turkish-American media artist and director renowned for his innovative approach that blends art with data, creating captivating experiences through digital mediums. Anadol has collaborated with prestigious institutions such as MoMA New York and Sotheby's and has digital collectible sales surpassing $30 million. SPACES will present Winds of Yawanawa #888, part of his Winds of Yawanawa collection. This series comprises 1,000 unique NFT Data Paintings that merge weather data from the Yawanawa tribe's Amazonian village with the artistic expressions of young Yawanawa artists, showcasing a dynamic interplay between traditional art forms and digital innovation.Miety Heiden, Deputy Chairwoman and Head of Private Sales at Phillips, says "Phillips is thrilled to collaborate with HOFA Gallery on SPACES, an exhibition that pushes the boundaries of contemporary art by exploring the intersection of digital innovation and creative expression. SPACES reflects our commitment to supporting artists whose practice comprises cutting-edge technologies."Contact InformationEmma-Louise O'NeillComms & Brand Collaborations Directoremmalouise@thehouseoffineart.com+447515136909SOURCE: HOFA Gallery Copyright 2024 ACN Newswire via SeaPRwire.com.
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Clean Energy Transition Asia (CETA) Exhibition and Summit to Align with Malaysia’s NETR Roadmap in Regional Push for Sustainability ACN Newswire

Clean Energy Transition Asia (CETA) Exhibition and Summit to Align with Malaysia’s NETR Roadmap in Regional Push for Sustainability

September 26, 2024
KUALA LUMPUR, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - The Clean Energy Transition Asia (CETA) Exhibition and Summit is set to take place at the Kuala Lumpur Convention Centre (KLCC) from 9-11 October, 2024, uniting leaders from the clean energy sectors to accelerate Asia’s transition to a sustainable energy future. Co-located with the distinguished International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024 and the MobilityX Asia, CETA will provide an integrated platform for both public and private stakeholders to collaborate on innovative solutions, driving sustainability and energy security across the region.This year’s event will closely align with Malaysia’s National Energy Transition Roadmap (NETR), positioning CETA as a key driver in the nation’s vision for energy transition. Launched last year by Prime Minister Datuk Seri Anwar Ibrahim, the NETR outlines a comprehensive strategy for achieving net-zero carbon emissions by 2050, and emphasises the importance of balancing economic growth with sustainability and energy security. The Summit will serve as a platform to advance the country’s ambitious green energy agenda while setting a model for the region.McKinsey & Company and Rystad Energy join CETA as Knowledge Partner and Strategic Partner respectively, lending strength to the Summit with their key research and insights.Vishal Agarwal, Senior Partner at McKinsey & Company, stated, “Our assessment shows that in Asia alone, there is a potential for new value pools in green businesses worth $3 to $5 trillion in the next decade. This includes areas such as renewables, green data centres, electrification and transportation, and green materials.”Mel Lanvers-Shah, CEO of The Co_Lab Pte Ltd, the event's owner and organizer, emphasised, “CETA’s alignment with Malaysia’s National Energy Transition Roadmap demonstrates the crucial role that industry collaboration plays in achieving our collective sustainability goals. Together, we can build on the NETR's vision and extend its impact across Asia through the CETA platform.”Key themes addressed at the Summit include Policy & Energy Leadership, RE Ramp Up, The Hydrogen Economy, Financing Zero, Carbon, Transition Bridge and CASE Mobility Futures (a Connected Autonomous Shared Electric Mobility future for ASEAN).The Summit sessions will include top-level Ministerial Keynotes, Global Leadership Keynote Addresses, Global Leadership Panels and invitational Minister CEO Leadership Roundtables.Vijay Krishnan, Partner and Head of Asia Pacific at Rystad Energy, who is also speaking at the CETA Summit, noted,“Rystad Energy anticipates a continued rise in emissions, but expect them to decline afterward. Unfortunately, some key developed nations have shifted focus away from decarbonisation, emissions management and ESG principles. This shift in rhetoric is beginning to impact ASEAN, which is a significant concern we are committed to addressing at CETA.”“CETA's emphasis on adopting a whole-of-energy approach mirrors Malaysia’s NETR goals, particularly in its focus on balancing the development of clean energy technologies with the responsible use of hydrocarbons,” added Mel Lanvers-Shah.“Through innovative discussions and partnerships, the summit aims to accelerate the deployment of renewable energy projects, such as solar and wind, while fostering technologies like carbon capture and storage (CCS) to ensure a smooth transition in line with Malaysia's 2050 net-zero ambitions.”The IGEM, CETA and MobilityX Exhibition will feature over 500 exhibitors and sponsors, and is expecting an audience size of nearly 50,000 attendees, including energy professionals from across the region, with a view to exploring and procuring critical solutions that will help them grow their businesses.Organised by The Co_Lab Pte Ltd, CETA is held under the patronage of the Ministry of Natural Resources and Environmental Sustainability (NRES), with the Malaysian Green Technology and Climate Change Corporation (MGTC) as its strategic partner and PETRONAS as its Industry Patron.To register and for more information, please visit www.ceta.asiaAbout CETAThe Clean Energy Transition Asia (CETA) Exhibition and Summit is the premier event in Asia focused on driving the region’s energy transition by uniting the clean energy and hydrocarbon sectors. CETA aims to accelerate sustainability efforts across the region by aligning with national strategies, such as Malaysia’s NETR, to ensure a just, secure, and affordable future for all.Co-located with the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) 2024 and MobilityX, CETA is under the esteemed patronage of the Ministry of Natural Resources and Environmental Sustainability (NRES) Malaysia.Adopting an integrated, whole-of-energy approach, CETA will bring together the clean energy and hydrocarbons sectors through an exhibition and summit focused on four key pillars critical to the region's energy transition: Renewable Energy Ramp-Up, Hydrogen, Carbon, and Transition Fuels. About IGEMIGEM has established itself as Southeast Asia’s largest trade event for green technologies and eco solutions. Over the years, IGEM has successfully generated close to RM41 billion in business leads since its inception in 2010. To date, IGEM has attracted over 530,000 visitors, including delegates, dignitaries, and companies from more than 112 countries. For media enquiries, please contact marcomms@ceta.asia. Copyright 2024 ACN Newswire via SeaPRwire.com.
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MobilityX 2024 to showcase latest trends in EV market ACN Newswire

MobilityX 2024 to showcase latest trends in EV market

September 26, 2024
KUALA LUMPUR, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) - MobilityX 2024 is set to take center stage as one of the most anticipated exhibitions and summits in the electric vehicle (EV) industry, bringing together global leaders, innovators, and policymakers to explore the future of clean mobility at the Kuala Lumpur Convention Centre (KLCC) from 9-11 October, 2024. Co-located with the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) and the Clean Energy Technology Asia (CETA) summit, MobilityX will highlight the latest advancements in the clean mobility market, facilitate cutting-edge partnerships, and ignite discussions that will shape the mobility landscape in Southeast Asia.As Southeast Asia positions itself as a rising global hub for the electric vehicle industry, MobilityX 2024 will serve as a premier platform for stakeholders to exchange insights on EV trends, technology advancements, and policy frameworks that are driving the sector forward. From OEM automakers to energy providers, government bodies to tech innovators, the event will feature groundbreaking innovations that address the growing demand for clean, sustainable mobility solutions.MobilityX 2024 will play a critical role in supporting Malaysia’s aspirations as outlined in the National Energy Transition Roadmap (NETR), which identifies green mobility as a key pillar of the country’s sustainable development strategy. The event will showcase how the growing EV ecosystem can help operationalise a low-carbon transport system, aligning with Malaysia’s goal of achieving net-zero carbon emissions by 2050.“Electric vehicles are steering nations towards a cleaner future, and Malaysia has the right foundations in place to build a low-carbon transport infrastructure,” said Mel Lanvers-Shah, CEO of The Co_Lab Pte Ltd, the event’s owner and organiser. “With the support of initiatives like MobilityX and collaboration among industry leaders, we are well on track to establish Southeast Asia as a leader in future mobility.”As a dynamic platform for innovation, MobilityX 2024 will feature interactive exhibits, product launches, and expert panels at the co-located CETA Summit discussing the latest technologies shaping the future of mobility. Topics will include the integration of electric vehicles into smart cities, advancements in EV charging infrastructure, and the role of autonomous and connected vehicles in reducing emissions and transforming urban transport.In addition to showcasing technological advancements, MobilityX 2024 will foster cross-industry collaborations and partnerships essential to accelerating the global EV transition. It will provide opportunities for OEMs, Mobility Innovators, After Market Suppliers and Technology Providers to network and engage in strategic dialogues that address both the challenges and opportunities facing the clean mobility sector.With Southeast Asia on the cusp of a mobility revolution, Malaysia stands at the forefront of this transformation. MobilityX 2024 is set to cement the nation’s role as a leading player in the global EV market, propelling the region towards a sustainable, low-carbon future.The IGEM, CETA, and MobilityX Exhibition and Summit is set to welcome nearly 50,000 attendees, with over 500 exhibitors and sponsors showcasing cutting-edge solutions. Energy professionals from across the region will gather to explore innovations and secure the resources needed to drive business growth and sustainability in the industry.Organised by The Co_Lab Pte Ltd, MobilityX is held under the patronage of the Ministry of Natural Resources and Environmental Sustainability (NRES), with the Malaysian Green Technology and Climate Change Corporation (MGTC) as its strategic partner.To register and for more information, please visit www.mobilityx.asia. About MobilityXMobilityX is an annual exhibition and summit focused on future and clean mobility and electric vehicle innovations, driving the mobility transition across Asia. Co-located with IGEM and CETA, MobilityX brings together OEMs, Mobility Innovators, After Market Suppliers and Technology Providers from around the region to explore the latest trends and technologies shaping the future of mobility.For media enquiries, please contact marcomms@mobilityx.asia. Copyright 2024 ACN Newswire via SeaPRwire.com.
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A2Z and Nayax Capital Sign Framework Agreements to Enable Global Financing for the Sale or Lease of Cust2Mate Smart Carts Integrated with Nayax’s Solutions ACN Newswire

A2Z and Nayax Capital Sign Framework Agreements to Enable Global Financing for the Sale or Lease of Cust2Mate Smart Carts Integrated with Nayax’s Solutions

September 25, 2024
TEL AVIV, IL, Sept 25, 2024 - (ACN Newswire via SeaPRwire.com) - A2Z Cust2Mate Solutions Corp. ("A2Z") (NASDAQ:AZ)(FRA - WKN:A3CSQ), a global leader in innovative technology solutions, today announced it has signed global framework agreements with Nayax Capital, ("Nayax Capital"), whereby Nayax Capital will enable financing for the sale or lease of Cust2Mate smart carts enabled with Nayax’s complete solution.This announcement is further to the company’s press release on September 10, 2024 announcing the formation of a joint venture with Nayax Ltd. to mutually promote the sales of A2Z Cust2Mate’s smart cart solution integrated with Nayax’s payment solution for on-cart payments. The joint venture announcement can be read here.Under the terms of the framework agreements, Nayax Capital will enable retailers to pay or lease the Cust2Mate smart carts that are sold as part of a comprehensive solution, which includes Nayax’s payment, management and loyalty solution, in monthly installments. The framework agreements cover the A2Z Cust2Mate’s smart carts, charging solutions, and IT infrastructure upgrades, as needed, for customers around the world including Europe, North America and Latin America. Any financing extended is subject to individual terms and conditions and approval by Nayax Capital and is non-recourse to A2Z.Gadi Graus, CEO of A2Z, stated, “We have teamed up with Nayax Capital to help merchants grow by making it easier for retailers around the globe to adopt our smart cart solution. With a readily available financing option, approved retailers can move quickly to implement our smart carts and begin realizing tangible benefits to their operations and improve the shopping experience for their customers.”About A2Z Cust2Mate Solutions Corp.A2Z Cust2Mate Solutions Corp. brings innovation, ease, excitement and value to retailers and shoppers. The Company is transforming brick-and-mortar retail with innovative smart shopping cart solutions that digitize the in-store shopping experience. The proven-in-use, friendly, sensor rich, AI driven carts enhance customer satisfaction and loyalty, minimize shrinkage, optimize retailers' operations and enable new business models. The smart carts streamline in-store shopping by enabling in-cart scanning and payment, allowing users to bypass checkout lines while alleviating labor shortages. Retailers can optimize merchandising, store layouts and promotions from data-driven insights, while shoppers get real-time information and personalized offers, turning a necessary chore into a fun and rewarding experience.For more information on A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)($AZ)(FRA - WKN:A3CSQ) and its subsidiary, Cust2mate Ltd., please visit, please visit www.cust2mate.com.Cautionary Statement Regarding Forward-looking StatementsMatters discussed in this press release may contain forward-looking statements that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including whether the referenced patent will be granted. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company's filings on EDGAR and with the SEC. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. Forward-looking statements contained in this announcement are made as of this date, and the Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein.About NayaxNayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. As a global leader in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers’ growth across multiple channels. As of June 30, 2024, Nayax has 11 global offices, approximately 1,100 employees, connections to more than 80 merchant acquirers and payment method integrations and is globally recognized as a payment facilitator. Nayax’s mission is to improve its customers’ revenue potential and operational efficiency. For more information, please visit www.nayax.com.Issued By: Swan Consultancy Sdn. Bhd. on behalf of A2Z Cust2mate Solutions Corp. and Nayax Ltd.For more information, please contact:Mandy TanEmail: m.tan@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
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GEN Announces Positive Phase 2 Clinical Trial Results for GN-037 Topical Cream in Patients With Mild to Moderate Plaque Psoriasis ACN Newswire

GEN Announces Positive Phase 2 Clinical Trial Results for GN-037 Topical Cream in Patients With Mild to Moderate Plaque Psoriasis

September 25, 2024
ANKARA, Turkey, Sept 25, 2024 - (ACN Newswire via SeaPRwire.com) - GEN Pharmaceuticals (GENIL.IS), a leading Turkish pharmaceutical company, has announced the positive results of its Phase 2 clinical trial evaluating the safety and efficacy of its investigational drug, GN-037 topical cream, in treating mild to moderate plaque psoriasis. The findings were presented at Amsterdam's European Academy of Dermatology and Venereology (EADV) 2024 Congress.GEN PharmaceuticalsGEN Pharmaceuticals Manufacturing FacilityThis multicenter, randomized, double-blind, placebo-controlled Phase 2 study involved 190 patients across 19 clinical centers in Türkiye. Patients were treated with GN-037, clobetasol 17-propionate, or placebo twice daily for four weeks, followed by an additional four-week observation period. The study demonstrated GN-037's statistically significant superiority in reducing psoriasis symptoms compared to placebo, positioning it as a promising new treatment option for psoriasis patients worldwide.Key Findings:The GN-037 Phase 2 trial met the primary endpoint: treatment success,defined as the percentage of patients with at least a 2-grade improvement in Investigator's Global Assessment (IGA) score and achieving an IGA score of 0 or 1.37.9% of patients treated with GN-037 achieved treatment success at week four compared to 9.1% in the placebo group (P=0.006).GN-037 demonstrated significant improvements in reducing erythema (57.6%, P=0.008), plaque elevation (72.7%, P=0.001), and scaling (80.3%, P=0.006) compared to placebo.31.8% of patients in the GN-037 group achieved at least a 75% reduction in PASI, compared to 6.1% in the placebo group (P=0.009).No new safety concerns emerged with similar treatment-emergent adverse events across all arms.Abidin Gülmüs, Chairman of GEN, stated: "We are thrilled to announce the positive results of our Phase 2 clinical trial. We believe GN-037 offers new hope for the global psoriasis community."Nadir Ulu, MD, PhD, Vice President of R&D, added: "Our Phase 2 trial results highlighted GN-037's potential to improve patient outcomes significantly, and it may provide a novel, well-tolerated treatment option for patients with mild to moderate plaque psoriasis."About GEN:Founded in 1998, GEN is Türkiye's leading speciality pharmaceutical company. It is focused on developing innovative therapies across multiple therapeutic areas, with significant R&D investments and a commitment to advancing global healthcare. GEN actively works in both in-licensing and out-licensing business models. GEN partners with leading global pharmaceutical companies to bring innovative therapies and rare solutions to communities in its countries. It also develops and produces highly demanded and competitive therapeutic products in its GMP-certified manufacturing facility to bring therapy solutions required in international markets.For more information, visit www.genilac.com.tr.For inquiries:Bulutay GÜNES, Head of Corporate Brand, b.gunes@genilac.comAli KETENCIOGLU, Investor Relations Manager, a.ketencioglu@genilac.comContact InformationBulutay GunesHead of Corporate Brandb.gunes@genilac.comAli KetenciogluInvestor Relations Managera.ketencioglu@genilac.comSOURCE: GEN Pharmaceuticals Copyright 2024 ACN Newswire via SeaPRwire.com.
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OSK Property Welcomes PeopleUp Singapore with Its First Flagship Family Entertainment Concept in Atria Shopping Gallery ACN Newswire

OSK Property Welcomes PeopleUp Singapore with Its First Flagship Family Entertainment Concept in Atria Shopping Gallery

September 25, 2024
SELANGOR, Malaysia, Sept 25, 2024 - (ACN Newswire via SeaPRwire.com) - OSK Property is excited to announce its partnership with PeopleUp, a leading multi-enrichment and play group founded in 2018 in Singapore. Together, they will introduce a brand-new regional play brand to Atria Shopping Gallery in Petaling Jaya, marking PeopleUp’s FIRST expansion beyond Singapore. This groundbreaking entertainment hub will cater to families and kids, creating a one-stop destination for fun, learning, and holistic family experiences.1. Ong Ju Xing, Deputy Group Managing Director, OSK Holdings Berhad2. Samantha Lew Pey Shin, General Manager, Group Retail Leasing, OSK Property Investment3. Chris Tan Wei Quan, Chief Executive Officer, PeopleUp4. Loh Wai Keong, Managing Director & Chief Executive Officer, Greenwillow Capital Management[L-R]The signing ceremony took place at Atria Shopping Gallery and the agreement was executed between OSK Property Investment, Group Retail Leasing General Manager Samantha Lew Pey Shin and PeopleUp Singapore Chief Executive Officer Chris Tan Wei Quan. The event was witnessed by OSK Group Deputy Group Managing Director Ong Ju Xing and Greenwillow Capital Management Managing Director Loh Wai Keong.PeopleUp has successfully set its footprint in Malaysia, thanks to its regional strategic partners, Arkwood Trustee (M) Berhad and Greenwillow Capital Management. These two companies are backed by key figures, Sunny Yeo, Chief Executive Officer and Managing Director of Arkwood Trustee, and Loh Wai Keong, Managing Director of Greenwillow.With over 16 thriving subsidiary brands in Singapore, PeopleUp has earned its reputation for delivering innovative, engaging, and memorable experiences for families. Its flagship brands, such as Bouncy Paradise - Asia’s largest inflatable playground - and Dinoland - Singapore’s first immersive and largest indoor dinosaur park with live forest, along with VroomTown, the first mega indoor drive-play city for kids, have welcomed over half a million visitors annually.Set to open in the first half of 2025, the new expansion will build upon this success, showcasing exciting, family-oriented concepts from Singapore and introducing new experiences tailored to the Malaysian market.OSK Property Investment Group Retail Leasing General Manager Samantha Lew said "At OSK Property, we are committed to curating spaces that bring value and excitement to the community. Partnering with PeopleUp is an exciting step forward in transforming Atria Shopping Gallery into a choice destination for families. This new play concept will enhance the mall’s position as a leading family-friendly venue, attracting visitors from across the region."Chris Tan Wei Quan, Chief Executive Officer of PeopleUp Singapore, expressed his enthusiasm for the expansion: "We are thrilled to bring our unique, holistic approach of family entertainment to Malaysia. The collaboration with OSK Property allows us to share our vision and passion for innovative play and enrichment with a wider audience. We are confident that this flagship will resonate with families and set a new benchmark for family entertainment in the region."Anchoring over 60,000 square feet within Atria Shopping Gallery, PeopleUp will see the creation of an exciting new flagship family destination that encapsulates a wide array of fun, entertainment, and learning experiences. The flagship will bring together six key areas designed to cater to every type of play:Kids & Toddler Play: A safe and engaging environment for younger children to explore.Sports Play: Promoting active play and physical fitness through dynamic sports activities.E-gaming and Immersive Play: Combining cutting-edge technology with play for a thrilling digital experience.Sky Play: Adventure high above the ground with elevated play areas.Water Park: A fun-filled aquatic adventure for families.Special Experiences: Unique, curated experiences that will surprise and delight visitors.In addition to these fresh and exciting concepts, PeopleUp will also introduce its popular Singapore-based attractions to Atria Shopping Gallery, tailoring them to fit the tastes and preferences of the local market.These zones will offer an all-encompassing mix of physical, mental, and sensory experiences for children of all ages, the new flagship destination will set a new standard for family entertainment in Malaysia.OSK Property’s strategic partnership with PeopleUp is a testament to the growing demand for family-centric leisure destinations in Malaysia. By combining PeopleUp's award-winning concepts with OSK Property’s vision, Atria Shopping Gallery hopes to become the top destination for families seeking fun and enriching experiences.For more information, please visit Atria Shopping Gallery’s website at www.atria.com.my and PeopleUp Singapore's website at www.peopleup.com.sg About Atria Shopping GalleryAtria Shopping Gallery is a transformation of yesterday’s beloved iconic mall in Petaling Jaya to cater to today’s more sophisticated and discerning tastes. The Shopping Gallery’s beautiful interior is inspired by the natural beauty and exquisite forms found in our tropical rainforest, creating a sense of natural opulence and an ambience that is warm and welcoming. Atria strives to offer shoppers a total experience and has in place tenants, activities and an environment that we hope will leave our shoppers feeling relaxed, inspired and enriched.About the Developer – OSK PropertyOSK Property is the property arm of the OSK Group which is a public listed company in Malaysia with an asset size over RM 10 billion. OSK Property is one of Malaysia’s leading property groups that has completed and delivered more than 50,000 properties across Malaysia and Australia. With a diverse portfolio that spans residential, commercial, hospitality, industrial and mixed-use developments, OSK Property is committed to delivering innovative and engaging spaces that enhances the way of life of communities.With each project, OSK Property continues to seek and prioritize its sustainability strategy incorporating the integration of sustainable design features, minimizing our environmental footprint by incorporating advanced technologies and infusing the natural elements such as shadow play and wind flow, and utilizing environmentally friendly materials to ensure the overall health and well-being of occupants. For further information, visit OSK Property’s website at www.oskproperty.com.myIssued By: Swan Consultancy Sdn. Bhd. on behalf of OSK PropertyFor more information, please contact:Jazzmin WanTel: +60 17-289 4110Email: j.wan@swanconsultancy.bizAsyraf HakimiTel: +60 11-23774173Email: a.hakimi@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
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Global Advanced Metals Partners With Department of Defense to Re-Establish Niobium Oxide Production Capabilities ACN Newswire

Global Advanced Metals Partners With Department of Defense to Re-Establish Niobium Oxide Production Capabilities

September 25, 2024
BOYERTOWN, Pa., Sept 25, 2024 - (ACN Newswire via SeaPRwire.com) - Global Advanced Metals (GAM), a leading global producer of metallurgical products, is pleased to announce a new partnership with the U.S. Department of Defense (DOD) to re-establish defense-critical niobium oxide production. The project, supported by a $26.4 million award from the Manufacturing Capability Expansion and Investment Prioritization directorate, leverages GAM's existing tantalum production in Boyertown, Pennsylvania.GAM LogoThe DOD's capital contribution will accelerate the development of the United States' first niobium oxide production in over 30 years. Niobium oxide is a precursor to high-purity superalloys in advanced aircraft, rocket systems, and various other defense platforms. GAM's public-private partnership forms a key component of the DOD's ongoing efforts to solidify the U.S. aerospace and defense industrial base."GAM is proud to contribute to strengthening U.S. and allied capability by mitigating supply vulnerabilities previously exploitable by our adversaries," said GAM's CEO, Andrew O'Donovan. "Every opportunity to decrease adversarial influence over defense supply chains should be taken, and we are delighted that the DOD chose to support GAM in this endeavor.""Pennsylvania has built and powered our Nation for generations, so it's no surprise that workers in Berks County will soon produce critical minerals to make the aircraft, rocket systems, and other equipment our military needs to ensure our national security," said U.S. Senator Bob Casey (D-PA). "I advocated for our Commonwealth to tackle this critical mineral risk so that we can continue the proud tradition of supporting our warfighters and the Department of Defense as a whole.""As a former chemistry teacher and Air Force officer, I've been championing efforts on critical mineral supply chains and the importance of bringing related manufacturing back to the U.S. since I first arrived in Congress," said U.S. Congresswoman Chrissy Houlahan (D-PA). "So when I visited Global Advanced Metals (GAM) in Berks County last year, I was in awe of their state-of-the-art operations - I knew GAM and companies like them have the blueprint we need to reduce reliance on countries like China for critical minerals. I'm so thrilled to hear GAM is receiving a $26.4 million award for niobium processing and manufacturing of defense-critical materials! With this federal investment, more jobs in our community will be created and our national security will be strengthened."About GAMA leading conflict-free tantalum producer, GAM has exclusive rights to the world's largest industrial resources of tantalum ore located in Western Australia.GAM produces conflict-free tantalum powders and metallurgical products at its Pennsylvania, USA and Aizu, Japan plants for a range of industries including electronics, aerospace, automotive, medical and chemical processing.GAM's smelting facilities in Japan and the USA were first declared "Conflict-Free" in 2010 under the former EICC/GeSI Conflict-Free Sourcing Initiative (CFSI) audit program and continue to maintain their conformance to the current Responsible Minerals Assurance Process (RMAP) standard.Contact InformationKurt HabeckerSr. Marketing Managerkhabecker@globaladvancedmetals.com1 610-369-8220SOURCE: Global Advanced Metals Copyright 2024 ACN Newswire via SeaPRwire.com.
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DEXIS Digital Ecosystem Expands With Three New Innovations To Streamline and Connect Dental Workflows ACN Newswire

DEXIS Digital Ecosystem Expands With Three New Innovations To Streamline and Connect Dental Workflows

September 24, 2024
QUAKERTOWN, PA, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) - At the start of 2024, DEXIS introduced its digital ecosystem, a suite of tools and software designed to connect and streamline the implant workflow from diagnosis to delivery.Today, DEXIS announced upgrades across the ecosystem to aid clinicians in important workflow elements from visualizing progressive dental issues to designing chairside surgical guides."Our technology makes it easy to organize information and execute treatments, which is at the core of what clinicians expect from us," said DEXIS President, Robert Befidi. "We are connecting and standardizing the implant workflow while also constantly evaluating our efforts to ensure we provide deeper patient insights and flexible, intuitive solutions that reduce complexity. These three launches are a good example of our focus on continuous innovation across the ecosystem to deliver diagnostic confidence, productivity, and smart simplicity."A brand-new X-ray platform is now available, designed specifically for general practitioners looking to expand their diagnostic capabilities with 3D imaging. Developed and produced in Tuusula, Finland, the ORTHOPANTOMOGRAPH™ OP 3D™ EX captures consistently accurate images through a straightforward, easy-to-learn workflow. The unit has a wide range of field of view sizes to support multiple clinical indications, including implant placement, endodontics, periodontics, and analysis for airway and TMJ. Early adopters of the OP 3D EX have reported positive feedback:"When choosing a CBCT, the key factors for me were a large sensor, predictable acquisition, stellar image quality and intuitive software that wouldn't interrupt my workflow," says Dr. Tyler Tolbert of Smile Now Dental Group. "Once the OP 3D EX got here and we started taking some scans, I thought to myself, ‘We really made the right choice here!'"In addition to new hardware, a brand-new software release will provide advanced tools to plan and execute same-day, prosthetically driven implants.Serving as the unifying software and central hub of the ecosystem, DTX Studio™ Clinic stores and manages all patient data as well as helps clinicians execute each step of the implant process from diagnostics to delivery.The software's new functionality allows practitioners to plan an implant treatment and generate a surgical guide chairside - all in less than three minutes. Clinicians can virtually extract teeth, adjust photorealistic abutments and crowns, and create an automated surgical guide that can be sent to a lab or produced in-house for same-day delivery."We were able to implement the OP 3D EX quickly and start taking scans largely due to the included DTX Studio Clinic software," said Dr. Nicholas Varney of Varney Dental. "Once we got going, we found that so much of the work involved in prepping a 3D scan for confident diagnosis was done by the software automatically. DTX Studio Clinic has improved how we work in all aspects - communicating with patients, implant planning and even treatment team collaboration."In addition to 3D imaging enhancements, an intraoral scanning software update offers scan quality and usability improvements as well as clear visualizations of progressive dental issues over time, through a new tool called Oral Compare. Additionally, the software's new integration with SmileFy allows for the ability to simulate treatment outcomes chairside, giving patients further confidence in proposed treatment plans.To learn more about DEXIS and the latest implant workflow upgrades, visit https://www.dexis.com.About DEXISDEXIS is the global leader in dental imaging. We bring together the most trusted brands in 2D and 3D imaging, intraoral scanning solutions, and diagnostic software, in one connected and AI-powered ecosystem. Our innovative and award-winning technologies use smart simplicity to increase productivity and enhance diagnostic confidence. For more information, please visit dexis.com.About Envista Holdings CorporationEnvista is a global family of more than 30 trusted dental brands, including Nobel Biocare, Ormco, DEXIS, and Kerr, united by a shared purpose: to partner with professionals to improve lives. Envista helps its customers deliver the best possible patient care through industry-leading dental consumables, solutions, technology, and services. Its comprehensive portfolio, including dental implants and treatment options, orthodontics, and digital imaging technologies, covers a wide array of dentists' clinical needs for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile. With a foundation comprised of the proven Envista Business System (EBS) methodology, an experienced leadership team, and a strong culture grounded in continuous improvement, commitment to innovation, and deep customer focus, Envista is well equipped to meet the end-to-end needs of dental professionals worldwide. Envista is one of the largest global dental products companies, with significant market positions in some of the most attractive segments of the dental products industry. For more information, please visit www.envistaco.com.Contact InformationMaria PenalozaMedia & Content Strategy Managermaria.penaloza@issuerdirect.comSOURCE: DEXIS Copyright 2024 ACN Newswire via SeaPRwire.com.
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China Medical System: New Drug Application for Vitiligo Indication of Ruxolitinib Phosphate Cream Accepted in China ACN Newswire

China Medical System: New Drug Application for Vitiligo Indication of Ruxolitinib Phosphate Cream Accepted in China

September 24, 2024
SHENZHEN, Sept 24, 2024 - (ACN Newswire via SeaPRwire.com) - China Medical System Holdings Limited (the “Company”, together with its subsidiaries, the “Group” or “CMS”) is pleased to announce that on September 24, 2024, the New Drug Application (NDA) for vitiligo indication of ruxolitinib phosphate cream (the “ruxolitinib cream” or the “Product”) has been accepted by the National Medical Products Administration of China (NMPA). This is another substantial milestone for ruxolitinib cream in China, following the approval for Urgent Clinical Import by Hainan Medical Products Administration and approval for marketing in Macau for vitiligo, and it is also a key step in benefiting over ten million of patients with vitiligo in China.Ruxolitinib cream achieved positive results in Chinese Real-World Study. The primary efficacy endpoint was the proportion of patients in the treatment group who achieved F-VASI 75 response at week 24, which was 49.5%, significantly higher than the target value of 14.1% (p
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