LAUSANNE, Switzerland, Apr 25, 2022 - (JCN Newswire) - World Malaria Day provides us with a moment to reflect on the scale of the challenge we still face - and recognise what needs to happen to fix it.
Make no mistake, great strides have been made. El Salvador and China were certified malaria free in 2021. However, most countries with a high burden of the disease have suffered setback and are losing ground.
How can we be satisfied, when 627,000 people died in 2021, from what is a curable disease? More than two thirds of those deaths were among children under the age of 5 living in the African Region.
This human tragedy, devastating millions of families, is impossible to comprehend. But the socio-economic impact however is calculable, and it is immense.
The global response to the COVID crisis proved that when the global economy is threatened, we can summon the power to overcome a disease which emerged almost overnight. So, why can't we solve, rather than manage, a curable disease that we have lived with for far too long?
Simply, it requires us to strain every sinew in our collective global health-body, to move in the same direction, at scale.
So, what is stopping us?
We have tackled the low hanging fruit. The strategy and tactics we employed to get us this far will not serve to meet the WHO goal to reduce, by 90%, the global malaria incidence and mortality rates by 2030.
The WHO has clearly stated that it will require new approaches and greatly intensified efforts, aided by new tools and the better implementation of existing ones. Stepped-up investment is also essential.
So how is that going to happen?
The WHO, working with its partners, has done a fantastic job, figuring out how to marshal billions of dollars in unified ways, to a deliver an agreed strategy. It has developed one regulatory framework across a multitude of countries and eliminated masses of bureaucracy. Even though incident rates may not have reduced, death rates have reduced a lot. That means patients are being diagnosed quicker, treated quicker and treated successfully.
It doesn't change the reality, though. The disease remains resilient and concentrated in a specific group of countries. We face many headwinds - climate change, vector resistance to the early class of insecticides, to name two. We need innovation to get ahead of these trends.
And despite the introduction of new interventions such as vaccines and seasonal malaria chemoprevention, mosquito nets will remain a core intervention to save lives until elimination.
Three hundred million people sleep under Vestergaard bed nets every night. What motivates us, is we can see direct relationship between our product and saving lives.
The bed net, probably, is the most cost-effective public health device that ever existed.
When a community is equipped with effective insecticidal bed nets, it not only protects the individual family, but it also acts to decimate the vector population in that community.
The goal of achieving universal coverage, however, has limits, because of the need to adapt the mix of tools deployed for maximum impact in diverse settings. It is a funding challenge - how do we achieve universal coverage while introducing more effective and therefore costly mosquito nets, while at the same time expanding the number of nets to keep pace with population growth?
It is also a logistical challenge: are mass campaign distributions, every 2-3 years, the best method to ensure equitable access for the populations that need it most?
We now need all actors to work together to establish something that has so far eluded us - strategic supply collaboration; a partnership approach to planning, procurement and distribution of mosquito nets.
There is a good reason why every industry, from automotive, to pharma, has moved in this direction. It drives long term investment, accelerates innovation, delivers efficiency - and indeed, can deliver lower unit costs.
A singular focus on price reduction, does not incentivize capital investment and innovation. Conversely, long-term, strategic relationships build resilience of the supply chain, another lesson we learned from COVID.
The reality is, we cannot perform to our full potential in the current environment. Timescales (1-3 years of contract) are too short.
We must also recognize that the private sector in the arena is not homogenous - there are large corporations who contribute chemistry, mostly as a CSR initiative; opportunistic cost-driven suppliers - and ones like ourselves who are full innovation partners.
The leading private sector organizations are ready to invest, automate and innovate to reduce cost.
Vestergaard is uniquely positioned to deliver this innovation at scale because we have constantly challenged ourselves to go further to save lives. We began by simply dipping nets in insecticide to increase protection, through to the development of PermaNet(R) 2.0, the first long lasting insecticidal net (LLIN) to be deployed at scale in the early 2000's. However, the disease does not stand still. Fast spreading mosquito resistance to pyrethroids demanded a response. Vestergaard led the successful large-scale deployment of piperonyl butoxide long-lasting insecticidal nets (PBO LLINs), specifically designed to protect against pyrethroid-resistant mosquitoes.
We will introduce our first dual active-ingredient net, PermaNet(R) Dual in the second half of 2022. The product will help serve a growing demand for dual AI nets.
However, sustaining innovation requires a strategic partnership with the customer - in this case, the funders. Beyond the New Nets Project, they need to define a new model to accelerate innovation and establish long term engagement with innovative suppliers with the goal to bring new nets to market in way that supports equitable access.
So, what would I like to see happen before World Malaria Day 2023?
Fundamentally, that we stop managing the disease and pull together to end malaria.
Michael Joos
CEO, Vestergaard
Contact:
Ayomide Ibironke
Tel: +27 61 326 4765
Africa Communications Media Group
ayomide@africacommunicationsgroup.com
View the article in English: https://tinyurl.com/vestergaard-20220422-en
View the article in French: https://tinyurl.com/vestergaard-20220422-fr
This Op Ed is issued through EmailWire.Com (www.emailwire.com) - the global newswire service that provides Press Release distribution with guaranteed results(TM).
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/qshpaZf
4/24/22
World Malaria Day 2022, Vestergaard CEO: Advance Equity. Build Resilience. End Malaria.
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Make no mistake, great strides have been made. El Salvador and China were certified malaria free in 2021. However, most countries with a high burden of the disease have suffered setback and are losing ground.
How can we be satisfied, when 627,000 people died in 2021, from what is a curable disease? More than two thirds of those deaths were among children under the age of 5 living in the African Region.
This human tragedy, devastating millions of families, is impossible to comprehend. But the socio-economic impact however is calculable, and it is immense.
The global response to the COVID crisis proved that when the global economy is threatened, we can summon the power to overcome a disease which emerged almost overnight. So, why can't we solve, rather than manage, a curable disease that we have lived with for far too long?
Simply, it requires us to strain every sinew in our collective global health-body, to move in the same direction, at scale.
So, what is stopping us?
We have tackled the low hanging fruit. The strategy and tactics we employed to get us this far will not serve to meet the WHO goal to reduce, by 90%, the global malaria incidence and mortality rates by 2030.
The WHO has clearly stated that it will require new approaches and greatly intensified efforts, aided by new tools and the better implementation of existing ones. Stepped-up investment is also essential.
So how is that going to happen?
The WHO, working with its partners, has done a fantastic job, figuring out how to marshal billions of dollars in unified ways, to a deliver an agreed strategy. It has developed one regulatory framework across a multitude of countries and eliminated masses of bureaucracy. Even though incident rates may not have reduced, death rates have reduced a lot. That means patients are being diagnosed quicker, treated quicker and treated successfully.
It doesn't change the reality, though. The disease remains resilient and concentrated in a specific group of countries. We face many headwinds - climate change, vector resistance to the early class of insecticides, to name two. We need innovation to get ahead of these trends.
And despite the introduction of new interventions such as vaccines and seasonal malaria chemoprevention, mosquito nets will remain a core intervention to save lives until elimination.
Three hundred million people sleep under Vestergaard bed nets every night. What motivates us, is we can see direct relationship between our product and saving lives.
The bed net, probably, is the most cost-effective public health device that ever existed.
When a community is equipped with effective insecticidal bed nets, it not only protects the individual family, but it also acts to decimate the vector population in that community.
The goal of achieving universal coverage, however, has limits, because of the need to adapt the mix of tools deployed for maximum impact in diverse settings. It is a funding challenge - how do we achieve universal coverage while introducing more effective and therefore costly mosquito nets, while at the same time expanding the number of nets to keep pace with population growth?
It is also a logistical challenge: are mass campaign distributions, every 2-3 years, the best method to ensure equitable access for the populations that need it most?
We now need all actors to work together to establish something that has so far eluded us - strategic supply collaboration; a partnership approach to planning, procurement and distribution of mosquito nets.
There is a good reason why every industry, from automotive, to pharma, has moved in this direction. It drives long term investment, accelerates innovation, delivers efficiency - and indeed, can deliver lower unit costs.
A singular focus on price reduction, does not incentivize capital investment and innovation. Conversely, long-term, strategic relationships build resilience of the supply chain, another lesson we learned from COVID.
The reality is, we cannot perform to our full potential in the current environment. Timescales (1-3 years of contract) are too short.
We must also recognize that the private sector in the arena is not homogenous - there are large corporations who contribute chemistry, mostly as a CSR initiative; opportunistic cost-driven suppliers - and ones like ourselves who are full innovation partners.
The leading private sector organizations are ready to invest, automate and innovate to reduce cost.
Vestergaard is uniquely positioned to deliver this innovation at scale because we have constantly challenged ourselves to go further to save lives. We began by simply dipping nets in insecticide to increase protection, through to the development of PermaNet(R) 2.0, the first long lasting insecticidal net (LLIN) to be deployed at scale in the early 2000's. However, the disease does not stand still. Fast spreading mosquito resistance to pyrethroids demanded a response. Vestergaard led the successful large-scale deployment of piperonyl butoxide long-lasting insecticidal nets (PBO LLINs), specifically designed to protect against pyrethroid-resistant mosquitoes.
We will introduce our first dual active-ingredient net, PermaNet(R) Dual in the second half of 2022. The product will help serve a growing demand for dual AI nets.
However, sustaining innovation requires a strategic partnership with the customer - in this case, the funders. Beyond the New Nets Project, they need to define a new model to accelerate innovation and establish long term engagement with innovative suppliers with the goal to bring new nets to market in way that supports equitable access.
So, what would I like to see happen before World Malaria Day 2023?
Fundamentally, that we stop managing the disease and pull together to end malaria.
Michael Joos
CEO, Vestergaard
Contact:
Ayomide Ibironke
Tel: +27 61 326 4765
Africa Communications Media Group
ayomide@africacommunicationsgroup.com
View the article in English: https://tinyurl.com/vestergaard-20220422-en
View the article in French: https://tinyurl.com/vestergaard-20220422-fr
This Op Ed is issued through EmailWire.Com (www.emailwire.com) - the global newswire service that provides Press Release distribution with guaranteed results(TM).
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74851/
Vetter Announces the Release of Its dApp Tool - A New Way to Research New Crypto
NEW YORK, NY, Apr 25, 2022 - (JCN Newswire) - The crowdsourcing DAO Vetter.ai is proud to announce the release of its dApp with tools for informed investment decisions. In the blockchain industry where things change in a matter of minutes and research is time-consuming, getting the right information in the right time can result in a successful investment opportunity.
Vetter CrowdX Calendar - just one of the many dApps set to roll out this year - collates information, the main asset in the digitization era, and filters it using the Intuitive Oracle feature to customize preferences based on personal objectives. It serves as a research hub for cryptocurrency presales, fair launches, and initial offerings. Vetter is also integrating Ignition Launchpad for high-tiered projects to launch within their ecosystem with the intention to raise the bar of integrity in the DeFi sphere.
CrowdX Calendar consists of Scouts (who find projects and post them), Vetters (who provide additional research data), and Voters (who monitor if projects are successful across a set of time frames), all of which are rewarded for their contribution. Vetter users can take the above rewarded roles or choose from four investor tiers to get access to the desired research data. However, not just anyone can become a Vetter on the platform - the users must first become educated in the criteria, which establishes the foundation for CrowdX Calendar's efficacy.
To prevent data manipulation and maintain a high standard of research results, VETTER token adopts a tax mechanism. Taxation of token purchases, sales, and transfers limits creation of multiple accounts and vote misrepresentation. It also aids the project development and contributor rewarding. This is a step up from reflections seen in BSC projects where holders are rewarded just for holding.
To contribute to the ecosystem fun, Vetter adopts gamified scoring, ranking, and voting. There are six color-coded Scout ranks from Beginner to Top, where the highest rank indicates a stellar track record in previous posting history. For example, results and auditing between January and February 2022 demonstrate that "90% of all projects posted by purple Scouts reached a 2x OR MORE return within 24 hours post-launch."
The color-code ranking system helps investors differentiate between high-quality projects versus potential scams. To articulate this, out of results taken within a 2-month time-frame, 10 purple Scouts reported their projects hit over 15x gains after their posted projects launched. This model is now used in the Vetter dApp and successfully passed a thorough 90-day audit in the open market.
One of the Intuitive Oracle features available in CrowdX Calendar is the ability to filter projects based on specific time frames. For example, some investors prefer to ape into projects that do 2x or more within 24 hours, while others want more time before needing to decide whether to exit an investment. This top-of-the-range Tier 4 feature allows for time frames of 24 hours, 7 days, 30 days, or all time to give the user multiple options to decipher based on personalized investment goals.
In the coming months, Vetter prepares to launch over 10 dApps under two new product brands, Discover (already includes CrowdX Calendar), and Ignition (will start with Ignition Launchpad). Discover will offer finding, tracking, and organizing blockchain projects before launch. Ignition will be an incubator with two decentralized launchpads, one with guaranteed allocations and the other open to everyone. Vetter's dApp suite targets cryptocurrency investors of all levels and sizes in an effort to support and democratize decentralized finance and make all investment decisions wise.
Vetter is a community-run and operated crowdsourced model that is set to raise the standards of integrity in the DeFi sphere. Robyn Linn will represent Vetter and promote the upcoming launch of Ignition at BlockDown Croatia 2022 (May 11 to 13), Blockchain Week Rome 2022 (May 24 to 28), and the Berlin Blockchain Oracle Summit (June 7 to 9) prior to the Vetter Ignition Launchpad token launch.
Disclaimer: Vetter is a research tool designed to leverage crowdsourcing to help people save time. Nothing found on Vetter should be considered trading advice or a recommendation to trade cryptocurrency. Trading always comes with risks. Always speak to a financial advisor when seeking advice.
Social Links
Official Website: https://vetter.ai
Telegram: https://t.me/vetterplatform
Twitter: https://twitter.com/vetterplatform
Facebook: https://www.facebook.com/vetterplatform
Vetter Platform dApp: https://vetterplatform.app
Media Contact
Media team, Vetter
E: pr@vetter.ai
U: https://vetter.ai
Vetter Platform dApp: https://vetterplatform.app
SOURCE: Vetter
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/qshpaZf
Vetter CrowdX Calendar - just one of the many dApps set to roll out this year - collates information, the main asset in the digitization era, and filters it using the Intuitive Oracle feature to customize preferences based on personal objectives. It serves as a research hub for cryptocurrency presales, fair launches, and initial offerings. Vetter is also integrating Ignition Launchpad for high-tiered projects to launch within their ecosystem with the intention to raise the bar of integrity in the DeFi sphere.
CrowdX Calendar consists of Scouts (who find projects and post them), Vetters (who provide additional research data), and Voters (who monitor if projects are successful across a set of time frames), all of which are rewarded for their contribution. Vetter users can take the above rewarded roles or choose from four investor tiers to get access to the desired research data. However, not just anyone can become a Vetter on the platform - the users must first become educated in the criteria, which establishes the foundation for CrowdX Calendar's efficacy.
To prevent data manipulation and maintain a high standard of research results, VETTER token adopts a tax mechanism. Taxation of token purchases, sales, and transfers limits creation of multiple accounts and vote misrepresentation. It also aids the project development and contributor rewarding. This is a step up from reflections seen in BSC projects where holders are rewarded just for holding.
To contribute to the ecosystem fun, Vetter adopts gamified scoring, ranking, and voting. There are six color-coded Scout ranks from Beginner to Top, where the highest rank indicates a stellar track record in previous posting history. For example, results and auditing between January and February 2022 demonstrate that "90% of all projects posted by purple Scouts reached a 2x OR MORE return within 24 hours post-launch."
The color-code ranking system helps investors differentiate between high-quality projects versus potential scams. To articulate this, out of results taken within a 2-month time-frame, 10 purple Scouts reported their projects hit over 15x gains after their posted projects launched. This model is now used in the Vetter dApp and successfully passed a thorough 90-day audit in the open market.
One of the Intuitive Oracle features available in CrowdX Calendar is the ability to filter projects based on specific time frames. For example, some investors prefer to ape into projects that do 2x or more within 24 hours, while others want more time before needing to decide whether to exit an investment. This top-of-the-range Tier 4 feature allows for time frames of 24 hours, 7 days, 30 days, or all time to give the user multiple options to decipher based on personalized investment goals.
In the coming months, Vetter prepares to launch over 10 dApps under two new product brands, Discover (already includes CrowdX Calendar), and Ignition (will start with Ignition Launchpad). Discover will offer finding, tracking, and organizing blockchain projects before launch. Ignition will be an incubator with two decentralized launchpads, one with guaranteed allocations and the other open to everyone. Vetter's dApp suite targets cryptocurrency investors of all levels and sizes in an effort to support and democratize decentralized finance and make all investment decisions wise.
Vetter is a community-run and operated crowdsourced model that is set to raise the standards of integrity in the DeFi sphere. Robyn Linn will represent Vetter and promote the upcoming launch of Ignition at BlockDown Croatia 2022 (May 11 to 13), Blockchain Week Rome 2022 (May 24 to 28), and the Berlin Blockchain Oracle Summit (June 7 to 9) prior to the Vetter Ignition Launchpad token launch.
Disclaimer: Vetter is a research tool designed to leverage crowdsourcing to help people save time. Nothing found on Vetter should be considered trading advice or a recommendation to trade cryptocurrency. Trading always comes with risks. Always speak to a financial advisor when seeking advice.
Social Links
Official Website: https://vetter.ai
Telegram: https://t.me/vetterplatform
Twitter: https://twitter.com/vetterplatform
Facebook: https://www.facebook.com/vetterplatform
Vetter Platform dApp: https://vetterplatform.app
Media Contact
Media team, Vetter
E: pr@vetter.ai
U: https://vetter.ai
Vetter Platform dApp: https://vetterplatform.app
SOURCE: Vetter
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/qshpaZf
Legend Capital's Co-founded Company Innostellar Biotherapeutics: IRD Gene Therapy Product was Approved for Clinical Trial in China
Founded in 2020, Innostellar Biotherapeutics is a biopharmaceutical startup company focusing on gene therapy for innovative drug discovery, manufacture, and commercialization. Its core team consists of scientists and professionals from world-renowned institutions and biopharmaceutical companies. Since its establishment, Innostellar Biotherapeutics has been working closely with top-notch clinical scientists from hospitals around China and focusing on urgent needs of patients with genetic diseases and chronic diseases. The company has laid a firm foundation in the proof-of-concept development of a number of pipelines, process technology development, and quality system.
Inherited retinal degeneration (IRD) caused by the Rpe65 gene mutation is a typical rare disease that leads to blindness and has no effective treatment in the past. As a breakthrough technology, gene therapy provides the possibility to compensate or fix defective genes and fundamentally reinstate the normal gene functions. According to the early data of related products abroad, the treatment helped IRD patients in vision improvement and maintained therapeutic qualities for long term.
Dr. Fenghua WANG, CEO of Innostellar Biotherapeutics, said: "This is an important milestone for our company since its founding. LX101 has gradually demonstrated its therapeutic potential since we cooperated with the National Clinical Research Center for Eye Diseases in 2021 to carry out the first IIT clinical research of IRD gene therapy in China. We expect LX101 to benefit more patients with the therapeutic breakthroughs and maximal treatment effects. We also expect gene therapy to provide effective solutions for improving life of people with genetic and chronic diseases.
Innostellar Biotherapeutics was co-founded by Legend Capital and its founding team. As the earliest investor in the company, Legend Capital and the Innostellar team worked together on company structure organization design, strategy decision, and pipeline planning. With constant support to the development of Innostellar Biotherapeutics, Legend Capital has backed the company in its two rounds of financing. Legend Capital has long been committed to systemic investment in the field of innovative medicine. Adhering to the investment philosophy of "Global Vision, Chinese Perspective", Legend Capital is looking for truly internationally competitive technologies and teams to solve the unmet clinical needs; many of its portfolio companies have listed on A-share or H-share successfully, such as Kawin Technology (688687.SH), Innovent Biologics (01801.HK), Harbour BioMed (02142.HK), and Recbio Technology (02179.HK). At the same time, Legend Capital also have made investments in leading companies in the segment like Suzhou Ribo Life Science, Pegbio, Exegenesis Bio, Lynk Pharmaceuticals, and Glubio.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/qshpaZf
Legend Capital's Co-founded Company Innostellar Biotherapeutics: IRD Gene Therapy Product was Approved for Clinical Trial in China
Founded in 2020, Innostellar Biotherapeutics is a biopharmaceutical startup company focusing on gene therapy for innovative drug discovery, manufacture, and commercialization. Its core team consists of scientists and professionals from world-renowned institutions and biopharmaceutical companies. Since its establishment, Innostellar Biotherapeutics has been working closely with top-notch clinical scientists from hospitals around China and focusing on urgent needs of patients with genetic diseases and chronic diseases. The company has laid a firm foundation in the proof-of-concept development of a number of pipelines, process technology development, and quality system.
Inherited retinal degeneration (IRD) caused by the Rpe65 gene mutation is a typical rare disease that leads to blindness and has no effective treatment in the past. As a breakthrough technology, gene therapy provides the possibility to compensate or fix defective genes and fundamentally reinstate the normal gene functions. According to the early data of related products abroad, the treatment helped IRD patients in vision improvement and maintained therapeutic qualities for long term.
Dr. Fenghua WANG, CEO of Innostellar Biotherapeutics, said: "This is an important milestone for our company since its founding. LX101 has gradually demonstrated its therapeutic potential since we cooperated with the National Clinical Research Center for Eye Diseases in 2021 to carry out the first IIT clinical research of IRD gene therapy in China. We expect LX101 to benefit more patients with the therapeutic breakthroughs and maximal treatment effects. We also expect gene therapy to provide effective solutions for improving life of people with genetic and chronic diseases.
Innostellar Biotherapeutics was co-founded by Legend Capital and its founding team. As the earliest investor in the company, Legend Capital and the Innostellar team worked together on company structure organization design, strategy decision, and pipeline planning. With constant support to the development of Innostellar Biotherapeutics, Legend Capital has backed the company in its two rounds of financing. Legend Capital has long been committed to systemic investment in the field of innovative medicine. Adhering to the investment philosophy of "Global Vision, Chinese Perspective", Legend Capital is looking for truly internationally competitive technologies and teams to solve the unmet clinical needs; many of its portfolio companies have listed on A-share or H-share successfully, such as Kawin Technology (688687.SH), Innovent Biologics (01801.HK), Harbour BioMed (02142.HK), and Recbio Technology (02179.HK). At the same time, Legend Capital also have made investments in leading companies in the segment like Suzhou Ribo Life Science, Pegbio, Exegenesis Bio, Lynk Pharmaceuticals, and Glubio.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74856/
4/23/22
B20 ESC Task Force continues to design constructive energy policies
JAKARTA, Apr 24, 2022 - (JCN Newswire) - The B20 ESC (Energy, Sustainability & Climate) Task Force held the 3rd ESC Task Force Online Meeting on Tuesday to discuss Policy Action that will be recommended at the upcoming G20, as noted in a release issued by PT Pertamina on Friday. The B20, or Business 20, is a G20 outreach group that represents the international business community.
The B20 ESG Task Force, led by Pertamina, the largest Energy SOE (State-Owned Enterprise) in Indonesia, and Pertamina President Director & CEO Nicke Widyawati, the ESC Task Force Chair, continues to update policy design and policy action, calling for efforts to maintain energy, sustainability and climate change mitigation.
The ESC Task Force Online Meeting was attended by around 140 participants including ESC Task Force Deputy Chair, Agung Wicaksono, ESC Task Force Policy Manager, Oki Muraza, 8 ESC Task Force Co-Chairs, as well as members from 19 industries and 25 countries.
Widyawati invited members of the Task Force to discuss policy design and to explore actionable policy initiatives. "To date, we have received more than 300 comments and inputs that are very constructive and helpful for us to drafting policy. Through the active involvement of all participants, I am confident that this task force will provide relevant and actionable policy recommendations to the G20 leaders.".
She said that the meeting had gathered recommendations from the B20 Secretariat which would later be added to several new policy actions to be discussed in more depth to suit the focus and collective needs that represent the interests of the G20 Community as a whole.
"Let's work together to create and deliver the legacy of Indonesia's G20 presidency this year, both through policies and a series of side events on the real action of the task force, so that we can be fruitful and give the best to the G20," said Widyawati.
Widyawati also expressed hope that the main objective of the ESC Task Force, ensuring an inclusive process in developing policy recommendations and actions, will be achieved through meetings and discussions.
Task Force Policy Manager Oki Muraza explained that there are currently 12 main policy action inputs, from 14 policy actions discussed in the previous call meeting.
Task Force Deputy Chair Agung Wicaksono explained that the Task Force was striving to develop partnerships and collaborations, develop technology to carry out capacity building in various countries, and increase values to attract investment and financing access.
"To achieve these goals, we invite the realization of a corporate agreement and pilot project in the country, and we targeted to have it completed in September or October 2022," he said.
The B20 Secretariat offered green energy transition recommendations toward the G20 high-level meeting in Bali in November 2022. The recommendations included accelerating the transition to sustainable energy use, ensuring an adjustable and affordable transition, and welcoming global cooperation on enhancing energy security.
Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)
M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.com
Written by: Yuni Arisandy Sinaga, Editor: Sri Haryati (c) ANTARA 2022
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/70bHR4O
The B20 ESG Task Force, led by Pertamina, the largest Energy SOE (State-Owned Enterprise) in Indonesia, and Pertamina President Director & CEO Nicke Widyawati, the ESC Task Force Chair, continues to update policy design and policy action, calling for efforts to maintain energy, sustainability and climate change mitigation.
The ESC Task Force Online Meeting was attended by around 140 participants including ESC Task Force Deputy Chair, Agung Wicaksono, ESC Task Force Policy Manager, Oki Muraza, 8 ESC Task Force Co-Chairs, as well as members from 19 industries and 25 countries.
Widyawati invited members of the Task Force to discuss policy design and to explore actionable policy initiatives. "To date, we have received more than 300 comments and inputs that are very constructive and helpful for us to drafting policy. Through the active involvement of all participants, I am confident that this task force will provide relevant and actionable policy recommendations to the G20 leaders.".
She said that the meeting had gathered recommendations from the B20 Secretariat which would later be added to several new policy actions to be discussed in more depth to suit the focus and collective needs that represent the interests of the G20 Community as a whole.
"Let's work together to create and deliver the legacy of Indonesia's G20 presidency this year, both through policies and a series of side events on the real action of the task force, so that we can be fruitful and give the best to the G20," said Widyawati.
Widyawati also expressed hope that the main objective of the ESC Task Force, ensuring an inclusive process in developing policy recommendations and actions, will be achieved through meetings and discussions.
Task Force Policy Manager Oki Muraza explained that there are currently 12 main policy action inputs, from 14 policy actions discussed in the previous call meeting.
Task Force Deputy Chair Agung Wicaksono explained that the Task Force was striving to develop partnerships and collaborations, develop technology to carry out capacity building in various countries, and increase values to attract investment and financing access.
"To achieve these goals, we invite the realization of a corporate agreement and pilot project in the country, and we targeted to have it completed in September or October 2022," he said.
The B20 Secretariat offered green energy transition recommendations toward the G20 high-level meeting in Bali in November 2022. The recommendations included accelerating the transition to sustainable energy use, ensuring an adjustable and affordable transition, and welcoming global cooperation on enhancing energy security.
Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)
M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.com
Written by: Yuni Arisandy Sinaga, Editor: Sri Haryati (c) ANTARA 2022
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/70bHR4O
B20 ESC Task Force continues to design constructive energy policies
 |
|
|
The B20 ESG Task Force, led by Pertamina, the largest Energy SOE (State-Owned Enterprise) in Indonesia, and Pertamina President Director & CEO Nicke Widyawati, the ESC Task Force Chair, continued to update policy design and policy actions calling for efforts to maintain energy, sustainability and climate change mitigation.
The ESC Task Force Call Meeting was attended by around 140 participants including ESC Task Force Deputy Chair, Agung Wicaksono, ESC Task Force Policy Manager, Oki Muraza, 8 ESC Task Force Co-Chairs, as well as members from 19 industries and 25 countries.
Widyawati invited members of the Task Force to discuss policy design and to explore actionable policy initiatives. "To date, we have received more than 300 comments and inputs that are very constructive and helpful for us to drafting policy. Through the active involvement of all participants, I am confident that this task force will provide relevant and actionable policy recommendations to the G20 leaders.".
She said that the meeting had gathered recommendations from the B20 Secretariat which would later be added to several new policy actions to be discussed in more depth to suit the focus and collective needs that represent the interests of the G20 Community as a whole.
"Let's work together to create and deliver the legacy of Indonesia's G20 presidency this year, both through policies and a series of side events on the real action of the task force, so that we can be fruitful and give the best to the G20," said Widyawati.
Widyawati also expressed hope that the main objective of the ESC Task Force, ensuring an inclusive process in developing policy recommendations and actions, will be achieved through meetings and discussions.
Task Force Policy Manager Oki Muraza explained that there are currently 12 main policy action inputs, from 14 policy actions discussed in the previous call meeting.
Task Force Deputy Chair Agung Wicaksono explained that the Task Force was striving to develop partnerships and collaborations, develop technology to carry out capacity building in various countries, and increase values to attract investment and financing access.
"To achieve these goals, we invite the realization of a corporate agreement and pilot project in the country, and we targeted to have it completed in September or October 2022," he said.
The B20 Secretariat offered green energy transition recommendations toward the G20 high-level meeting in Bali in November 2022. The recommendations included accelerating the transition to sustainable energy use, ensuring an adjustable and affordable transition, and welcoming global cooperation on enhancing energy security.
Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)
M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.com
Written by: Yuni Arisandy Sinaga, Editor: Sri Haryati (c) ANTARA 2022
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74852/
DeFi Insurance Platform Uno Re Launches Cover Portal
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The danger of hacker attacks keeps growing within the DeFi space (case study: https://bit.ly/3jYokl7) causing drastic losses for users and protocols alike. The total sum lost to hacks in the first quarter Q1 2022 is up 695% from Q1 2021 losses. With both the quantity and severity of attacks on the rise, skepticism surrounding the DeFi space is also growing.
One of the leading players in DeFi insurance, Uno Re launched its Cover Portal which aims to grant users easy access to insurance coverage through its user-friendly UI.
What is Uno Re's Cover Portal?
Cover Portal is Uno Re's latest dApp - scanning users' wallet, detecting insurable assets within as well as staked in staking and farming pools across chains, measuring possible risks using an AI-based algorithm, and allowing users to secure their on-chain assets instantly.
Cover Portal is optimizing the insurance purchasing experience for users by simplifying all steps as much as possible. Upon connecting their wallets and detecting their insurable assets, users can simply choose the token(s) and how much to insure. Cover Portal allows users to pay their premiums in USDC.
"The launch of our Cover Portal marks the beginning of a new era in the DeFi insurance industry. We are steadily building and improving our platform to make hassle-free insurance service possible for DeFi users. Cover Portal is the final step towards fulfilling our true potential and makes our platform a complete ecosystem of multiple services and mechanisms, working like clockwork. We are delighted to have achieved this and look forward to improving the overall security of DeFi space." stated Jaskanwar Singh, CEO and Co-founder of Uno Re.
About Uno Re
Uno Re is the protocol behind Cover Portal. An insurance provider for DeFi users and partner of numerous DeFi platforms, Uno Re successfully provided compensation to Umbrella Network hack victims in March 2022. As the insurer, Uno Re has processed the claim in a few days and ensured that 91% of affected wallet addresses are covered and appropriately compensated.
Uno Re is the world's leading decentralised insurance and reinsurance platform, allowing the community to invest and trade in 'risk' and receive sizable returns on their investments in one of the safest asset classes in the world. The platform will break barriers to entry for the retail investor, doing away with the historic pre-requisite of absurdly high capital generally needed to invest in the market while also introducing much-needed transparency into the industry as a whole. Uno Re will also allow the community to propose innovative insurance products to the space, thus propelling a new generation of Insurtech companies powered by the Uno Re ecosystem.
Media Contact
Media team, Uno Re
E: misbah@unore.io
U: https://unore.io/
SOURCE: Uno Re
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/70bHR4O
DeFi Insurance Platform Uno Re Launches Cover Portal
 |
|
|
The danger of hacker attacks keeps growing within the DeFi space (case study: https://bit.ly/3jYokl7) causing drastic losses for users and protocols alike. The total sum lost to hacks in the first quarter Q1 2022 is up 695% from Q1 2021 losses. With both the quantity and severity of attacks on the rise, skepticism surrounding the DeFi space is also growing.
One of the leading players in DeFi insurance, Uno Re launched its Cover Portal which aims to grant users easy access to insurance coverage through its user-friendly UI.
What is Uno Re's Cover Portal?
Cover Portal is Uno Re's latest dApp - scanning users' wallet, detecting insurable assets within as well as staked in staking and farming pools across chains, measuring possible risks using an AI-based algorithm, and allowing users to secure their on-chain assets instantly.
Cover Portal is optimizing the insurance purchasing experience for users by simplifying all steps as much as possible. Upon connecting their wallets and detecting their insurable assets, users can simply choose the token(s) and how much to insure. Cover Portal allows users to pay their premiums in USDC.
"The launch of our Cover Portal marks the beginning of a new era in the DeFi insurance industry. We are steadily building and improving our platform to make hassle-free insurance service possible for DeFi users. Cover Portal is the final step towards fulfilling our true potential and makes our platform a complete ecosystem of multiple services and mechanisms, working like clockwork. We are delighted to have achieved this and look forward to improving the overall security of DeFi space." stated Jaskanwar Singh, CEO and Co-founder of Uno Re.
About Uno Re
Uno Re is the protocol behind Cover Portal. An insurance provider for DeFi users and partner of numerous DeFi platforms, Uno Re successfully provided compensation to Umbrella Network hack victims in March 2022. As the insurer, Uno Re has processed the claim in a few days and ensured that 91% of affected wallet addresses are covered and appropriately compensated.
Uno Re is the world's leading decentralised insurance and reinsurance platform, allowing the community to invest and trade in 'risk' and receive sizable returns on their investments in one of the safest asset classes in the world. The platform will break barriers to entry for the retail investor, doing away with the historic pre-requisite of absurdly high capital generally needed to invest in the market while also introducing much-needed transparency into the industry as a whole. Uno Re will also allow the community to propose innovative insurance products to the space, thus propelling a new generation of Insurtech companies powered by the Uno Re ecosystem.
Media Contact
Media team, Uno Re
E: misbah@unore.io
U: https://unore.io/
SOURCE: Uno Re
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74816/
4/22/22
Annual Report on Form 20-F for Fiscal Year 2021 of Aluminum Corporation of China Limited Now Available
BEIJING, Apr 23, 2022 - (ACN Newswire) - Aluminum Corporation of China Limited (the "Company"; NYSE "ACH"; SEHK "2600"; SSE "601600") announces that the Company's annual report for the 2021 fiscal year filed with the SEC on April 22, 2022 can be accessed via the following link:
http://www.chalco.com.cn/en/report/2021/202204/t20220421_93456.html
A hard copy of the Company's complete annual report will be provided to any shareholder without charge upon written request to Aluminum Corporation of China Limited at No. 62 North Xizhimen Street, Haidian District, Beijing, PRC 100082.
Background information:
Aluminum Corporation of China Limited is a leading enterprise in non-ferrous metal industry in China. The scope of business of the Company primarily includes bauxite and coal mining, alumina refining, primary aluminum smelting, trading of alumina, primary aluminum, other non-ferrous metal products, coal products and raw and ancillary materials in bulk and power generation. The Company was established as a joint stock limited company incorporated in the People's Republic of China. The Company's American Depository Shares and H Shares are listed on the New York Stock Exchange, Inc. and the Stock Exchange of Hong Kong Limited, respectively. The Company's A Shares are listed on the Shanghai Stock Exchange.
For further information, please visit http://www.chalco.com.cn
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74849/
http://www.chalco.com.cn/en/report/2021/202204/t20220421_93456.html
A hard copy of the Company's complete annual report will be provided to any shareholder without charge upon written request to Aluminum Corporation of China Limited at No. 62 North Xizhimen Street, Haidian District, Beijing, PRC 100082.
Background information:
Aluminum Corporation of China Limited is a leading enterprise in non-ferrous metal industry in China. The scope of business of the Company primarily includes bauxite and coal mining, alumina refining, primary aluminum smelting, trading of alumina, primary aluminum, other non-ferrous metal products, coal products and raw and ancillary materials in bulk and power generation. The Company was established as a joint stock limited company incorporated in the People's Republic of China. The Company's American Depository Shares and H Shares are listed on the New York Stock Exchange, Inc. and the Stock Exchange of Hong Kong Limited, respectively. The Company's A Shares are listed on the Shanghai Stock Exchange.
For further information, please visit http://www.chalco.com.cn
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74849/
Annual Report on Form 20-F for Fiscal Year 2021 of Aluminum Corporation of China Limited Now Available
BEIJING, Apr 23, 2022 - (JCN Newswire) - Aluminum Corporation of China Limited (the "Company"; NYSE "ACH"; SEHK "2600"; SSE "601600") announces that the Company's annual report for the 2021 fiscal year filed with the SEC on April 22, 2022 can be accessed via the following link:
http://www.chalco.com.cn/en/report/2021/202204/t20220421_93456.html
A hard copy of the Company's complete annual report will be provided to any shareholder without charge upon written request to Aluminum Corporation of China Limited at No. 62 North Xizhimen Street, Haidian District, Beijing, PRC 100082.
Background information:
Aluminum Corporation of China Limited is a leading enterprise in non-ferrous metal industry in China. The scope of business of the Company primarily includes bauxite and coal mining, alumina refining, primary aluminum smelting, trading of alumina, primary aluminum, other non-ferrous metal products, coal products and raw and ancillary materials in bulk and power generation. The Company was established as a joint stock limited company incorporated in the People's Republic of China. The Company's American Depository Shares and H Shares are listed on the New York Stock Exchange, Inc. and the Stock Exchange of Hong Kong Limited, respectively. The Company's A Shares are listed on the Shanghai Stock Exchange.
For further information, please visit http://www.chalco.com.cn
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/Jpc2K3e
http://www.chalco.com.cn/en/report/2021/202204/t20220421_93456.html
A hard copy of the Company's complete annual report will be provided to any shareholder without charge upon written request to Aluminum Corporation of China Limited at No. 62 North Xizhimen Street, Haidian District, Beijing, PRC 100082.
Background information:
Aluminum Corporation of China Limited is a leading enterprise in non-ferrous metal industry in China. The scope of business of the Company primarily includes bauxite and coal mining, alumina refining, primary aluminum smelting, trading of alumina, primary aluminum, other non-ferrous metal products, coal products and raw and ancillary materials in bulk and power generation. The Company was established as a joint stock limited company incorporated in the People's Republic of China. The Company's American Depository Shares and H Shares are listed on the New York Stock Exchange, Inc. and the Stock Exchange of Hong Kong Limited, respectively. The Company's A Shares are listed on the Shanghai Stock Exchange.
For further information, please visit http://www.chalco.com.cn
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/Jpc2K3e
Beyond Imagination's New Humanoid Robot Will Connect People Coast to Coast Physically
This week, the Beomni robot will appear at Explorers Club Headquarters and at the annual dinner on Saturday April 23rd in New York City. At the same time, across the country in Beverly Hills, CA, attendees at the Abundance360 Annual Summit will be able to remotely pilot the robot from 2,800 miles away.
Beomni is the world's most sophisticated general-purpose humanoid robot, capable of performing an almost unlimited number of tasks. Beomni's AI Brain learns from its human pilots and becomes increasingly autonomous over time.
Beomni will help solve the labor crisis by creating a global elastic labor force, lifting millions of people out of poverty by giving them access to jobs around the world. For example, the International Labour Organization (ILO) reports that "More than 2.3 million workers die every year as a result of occupational accidents or work-related diseases." With Beomni, dangerous work will become completely safe because the robot will be the one taking the risks.
Elder Care is a $932B market today. We will help solve the elder crisis by enabling families to care for their own regardless of the distance between them and by multiplying the effectiveness of existing health care workers.
CEO and Founder Dr. Harry Kloor says, "We are thrilled to have been invited to demonstrate the advances we've made in Beomni's development at the Explorers Club. Beomni will be a great vehicle for explorers on earth and beyond! We share the spirit of exploration and discovery that is the hallmark of the Explorers Club."
Astronaut and Explorers Club President Richard Garriott adds, "For the last decade, I have been a power USER of early telepresence robotics devices, so I deeply appreciate the advancements in Beomni. We welcome the opportunity to showcase Dr. Kloor's creation alongside other world-changing technologies at our event. Smart technologies like Beomni will play an important part in helping solve the challenges the world is facing. On Earth, in space and on planets beyond Earth, robots like Beomni will play an essential role!"
The robot will be on display all week at the Explorers Club headquarters so members can have an opportunity to pilot it. On Saturday, Beomni will move to The Glass House, where the annual dinner is being held. Beomni will be serving drinks and hors d'oeuvres at the reception, and at the afterparty guests will also have the opportunity to pilot the robot.
Meanwhile, across the country in Beverly Hills, a second Beyond Imagination team will be set up at the Abundance360 Annual Summit. From there, Beomni will be operated from coast to coast. Members in attendance at the A360 Summit will be able to perform tasks, pick up and examine objects and even shake someone's hand across the country.
Abundance360 Founder, Peter Diamandis remarked, "Beyond Imagination dramatically changes the paradigm of how companies will provide services in the future, how and where you will receive healthcare, where you work and play."
About Beyond Imagination, Inc.
Beyond Imagination is a robotics and AI platform company that is focused on bringing humanoid robots to market rapidly. By partnering a human pilot with an evolving AI Brain, we will soon be able to deploy our Beomni Robotics platform across a wide range of commercial applications. Our practical, real-world approach is closer to that of Tesla, which released its vehicles and then built AI from the data that they collected, rather than that of other companies that are focused on narrow R&D domains.
Founded by leading innovators in AI and robotics, and strengthened by a solid patent portfolio, Beyond Imagination, Inc. is poised to revolutionize life and fundamentally change the way we work, travel and engage with others around the world.
Beyond Imagination is actively seeking business partners and investors for its Series A round. Details will be provided to qualified investors upon request. In-person demos are available by appointment for media and investors. Beyond Imagination is also seeking additional partners for pilot studies in medicine and beyond.
About The Explorers Club
Since its inception in 1904, members of the Club have traversed the earth, the seas, the skies, and even the moon, on expeditions. First to the North Pole, first to the South Pole, first to the summit of Mount Everest, first to the deepest point in the ocean and first to the surface of the moon - all accomplished by Explorers Club Members. Notable members include Teddy Roosevelt, Neil Armstrong, Jane Goodall, Edmund Hillary, John Glenn, Sally Ride, Bob Ballard, and more. https://www.explorers.org/
For more information visit: https://www.beomni.ai/
Source: Plato Data Intelligence
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74847/
4/21/22
三菱自、軽商用車『ミニキャブバン』『ミニキャブトラック』の燃費性能を向上
１．主な改良内容
(1)『ミニキャブバン』
- 可変バルブタイミング機構を排気側にも採用するなどエンジンを改良したほか、4A/T車はアイドリングストップ機能「オートストップ＆ゴー」を採用することで、燃費性能を約10%向上させました。
- 上級グレードはターボエンジン搭載の「ブラボーターボ」を廃止して自然吸気エンジン搭載の「ブラボー」を新たに設定し、ディスチャージヘッドライトの採用や新色の「クールカーキパールメタリック」を設定しています。
(2)『ミニキャブトラック』
- 可変バルブタイミング機構を排気側にも採用するなどエンジンを改良したほか、A/T車では3A/Tから4A/Tに変更し、アイドリングストップ機能「オートストップ＆ゴー」を採用することで、燃費性能を約10%向上させました。
- トリイのロープフックを2ヶ所から4か所とし、作業性を向上させました。
(3)『タウンボックス』
- 上級グレード「Gスペシャル」のステアリングホイールをウレタンから本革巻きに変更して質感を向上させたほか、新色の「クールカーキパールメタリック」を設定しています。
本リリースの詳細は下記をご参照ください。
https://www.mitsubishi-motors.com/jp/newsrelease/2022/detail5610.html
三菱自動車について
三菱自動車はSUVづくりのノウハウとラリーで培った四輪制御技術、そして電動化技術に強みをもつ自動車メーカーです。ルノー、日産とのアライアンスメンバーであり、日本をはじめ、タイ、インドネシア、中国、フィリピン、ベトナム、ロシアなどに生産拠点があり、グローバルで30,000名以上の従業員を擁しています。
2009年には世界初の量産EVであるアイ・ミーブ、2013年には世界初のSUVタイプのプラグインハイブリッドEVであるアウトランダーPHEVを発売するなど電動車普及に取り組んでまいりました。
2020年には新環境計画パッケージを策定し、脱炭素化社会の実現に貢献しながら、行動範囲を広げたい、さまざまなことに挑戦したいというドライバーの想いに応えるクルマづくりを推進しています。
詳細については、当社ホームページをご覧ください。 https://www.mitsubishi-motors.com/jp/
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/PXB8fOM
富士通と電通グループ傘下の電通とISID、企業の継続的な事業成長、および環境社会課題の解決に向けて戦略的協業に合意
本協業では、サプライチェーンマネジメントに関わる業務システムのノウハウやサプライチェーン領域に適用できる様々な最適化技術に強みを持つ富士通と、デマンドチェーンにおける顧客インサイトや企画プロデュース力に強みを持つ電通、及びエンジニアリングチェーン領域で豊富な実績と知見を持つISIDが協業することで、多くの企業間で分断されているデマンドチェーン、サプライチェーン、エンジニアリングチェーンの効率的な連携を支援します。これにより、生活者の行動変容を捉え、多様化するニーズに即座に対応できる仕組みづくりを実践します。さらに、生活者ニーズを起点とした製品開発や需要予測により、リソースやエネルギーなどの無駄を削減する需給の最適化モデルを設計することで、無駄のないものづくりやGHG（Green House Gas：温室効果ガス）の削減を行い、顧客企業を通じたトータルなカーボンニュートラルの実現に貢献していきます。
現代社会は、生活者のニーズが多様化し、急速に変化する環境となっており、企業にはスモールマスやパーソナライズを意識した、柔軟かつスピーディーな新商品やサービスの開発・提供が求められています。また、持続可能な開発目標（Sustainable Development Goals）への対応も求められるようになり、ESG（環境・社会・ガバナンス）経営へシフトすることが企業の継続的な事業成長を実現する上での前提となりつつあります。
しかし、多くの企業では、生活者の需要に関する情報を供給側に提供していくデマンドチェーンと、原材料の調達から消費までの一連の流れであるサプライチェーン、製品企画から設計・生産準備を担うエンジニアリングチェーンの情報の分断が課題となっています。例えば、生活者の需要が正確に把握できると、供給側が原材料の仕入れや生産計画の最適化が可能になり、売れ残りによる損失の縮小や環境負荷の低減も可能になります。このような需要の把握やサプライチェーンの構造、社会の目まぐるしい変化に追随していくためには、3つのバリューチェーンを効率的に連携させて、提供価値を最適化することが重要です。
今回の協業ではこうした課題の解決を目指し、製造業のお客様の企画・設計部門などにマーケティング情報の連携を行い、Time to Market（ある製品の発売を企画してから製品として市場に投入するまでの時間）と、QCD（Quality、Cost、Delivery）のトレーサビリティ環境を提供することで、バリューチェーンの全体最適化と持続可能なモノづくりに貢献します。
本協業の第一弾として、製造業のエンジニアリングチェーン領域において実績のあるSiemens Digital Industries Software（注5）の製品ライフサイクル管理（PLM）システム「Teamcenter」をベースに、ISIDの製品開発領域全般にわたる業務コンサルティングからIT実装までの一貫したソリューション力と、富士通のMOM（Manufacturing Operations Management：製造オペレーション管理)領域を含む顧客業務ノウハウやソリューション導入実績・実装力を掛け合わせる共同プロジェクトを発足します。これにより、国内最大級のPLMシステムのデリバリーが可能となり、顧客ニーズの把握から製品開発、生産製造に至る各種データを連携することで、製造業向けエンジニアリングチェーン領域のDXを実現します。
今後も富士通は、サステナブルな世界の実現を目指す「Fujitsu Uvance」のもと、人と地球が共存し持続可能な成長を支える「Sustainable Manufacturing」の取り組みを進めていきます。
また電通グループは、「B2B2S (Business to Business to Society)」企業グループへ進化し、顧客企業との仕事を通じて、社会課題をともに解決することで、社会全体に中長期的に価値を生み出していきます。
本リリースの詳細は下記をご参照ください。
https://pr.fujitsu.com/jp/news/2022/04/22.html
概要： 富士通株式会社
詳細は http://jp.fujitsu.com/ をご覧ください。
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/PXB8fOM
ACROMETA clinches record $31 million contract for semiconductor industry
SINGAPORE, Apr 22, 2022 - (JCN Newswire) - Catalist-listed AcroMeta Group Limited (ACROMETA; SGX: 43F), today announced that its wholly owned subsidiary AcroMec Engineers Pte Ltd (ACROMEC) has won a $31 million contract for the fit-out of an additional floor within the existing integrated advanced manufacturing facility in Singapore of a leading high-tech customer. When completed in 2023, the expansion will substantially increase its manufacturing capacity.
ACROMEC's specialties in controlled environment engineering
The ability to succinctly and precisely control physical variables such as temperature, air purity, humidity, and pressure in facility, like the product manufacturing space is a mission critical requirement. ACROMEC is ready to take on this project with the requisite track record, having completed numerous projects in clean rooms, laboratories and advanced manufacturing facilities.
Completion of previously announced project for Nasdaq-listed Genscript Biotech's Singapore R&D and manufacturing facility
ACROMEC'S strong track record is also seen having, earlier on, successfully completed the prestigious contract for the design and construction of Genscript's R&D and production laboratory facilities where they are used for the manufacture of the first-in-world C-Pass Serological Test Kit by the Duke University-NUS Medical School collaboration. C-Pass is a game-changing blood testing kit that determine a person's level of immunity against COVID-19 after vaccination.
Strong outlook for ACROMETA's controlled environment engineering business
ACROMETA Co-Founder, Chairman and CEO Lim Say Chin is heartened by the sizeable contract win. It reflects well on the high level of confidence that our Customer has on us. He said, "We are optimistic on the growth of our controlled environment business. Our business is well positioned for the Post-COVID world. We are having more customers investing in building facilities again for the future, both to prepare for the next pandemic and to prepare for technological growth. Indeed, we see activities building up in the biotechnology and semiconductor sectors, and we are glad to serve this space."
The contract is expected to commence soon and will materially contribute positively to the earnings per share and net tangible assets per share of the Group for the financial year ending 30 September 2022.
SGXNET Reference: https://tinyurl.com/SGX-43F-20220422
About AcroMeta Group Limited [SGX: 43F] [RIC: ACRI.SI] [BB: ACRO.SP]
AcroMeta Group Limited (previously AcroMec Limited) is an established specialist engineering services provider with more than 20 years of experience in the field of controlled environments. The Group has over the years acquired expertise in the design and construction of facilities requiring controlled environments such as laboratories, medical and sterile facilities and cleanrooms.
ACROMETA's business is divided into two main segments: (i) Engineering, procurement, and construction services, specialising in architectural, and mechanical, electrical and process works within controlled environments; and (ii) Maintenance and repair services of facilities and equipment of controlled environments and their supporting infrastructure.
The Group mainly serves the healthcare, biotechnology, pharmaceutical, research and academia, and electronics sectors. ACROMETA counts amongst its customers, hospitals and medical centres, government agencies, research and development companies or agencies, research and development units of multinational corporations, tertiary educational institutions, pharmaceutical companies, semiconductor manufacturing companies, and multinational engineering companies.
The company has been listed on the Catalist board of the SGX since 2016, and became AcroMeta Group Limited (previously AcroMec Limited) on February 18, 2022. For more information, please visit www.acrometa.com.
Media and Analysts Contact:
ACROMETA Group Limited
Mr Jerry Tan
Chief Financial Officer
Tel: +65 6415 0574
Email: jerry.tan@acromec.com
Waterbrooks Consultants Pte Ltd
Mr Wayne Koo
Tel: +65 6958 8008 / +65 9338 8166
Email: wayne.koo@waterbrooks.com.sg
Email: query@waterbrooks.com.sg
This media release has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.
The contact person for the Sponsor is Mr. Joseph Au, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/PXB8fOM
ACROMEC's specialties in controlled environment engineering
The ability to succinctly and precisely control physical variables such as temperature, air purity, humidity, and pressure in facility, like the product manufacturing space is a mission critical requirement. ACROMEC is ready to take on this project with the requisite track record, having completed numerous projects in clean rooms, laboratories and advanced manufacturing facilities.
Completion of previously announced project for Nasdaq-listed Genscript Biotech's Singapore R&D and manufacturing facility
ACROMEC'S strong track record is also seen having, earlier on, successfully completed the prestigious contract for the design and construction of Genscript's R&D and production laboratory facilities where they are used for the manufacture of the first-in-world C-Pass Serological Test Kit by the Duke University-NUS Medical School collaboration. C-Pass is a game-changing blood testing kit that determine a person's level of immunity against COVID-19 after vaccination.
Strong outlook for ACROMETA's controlled environment engineering business
ACROMETA Co-Founder, Chairman and CEO Lim Say Chin is heartened by the sizeable contract win. It reflects well on the high level of confidence that our Customer has on us. He said, "We are optimistic on the growth of our controlled environment business. Our business is well positioned for the Post-COVID world. We are having more customers investing in building facilities again for the future, both to prepare for the next pandemic and to prepare for technological growth. Indeed, we see activities building up in the biotechnology and semiconductor sectors, and we are glad to serve this space."
The contract is expected to commence soon and will materially contribute positively to the earnings per share and net tangible assets per share of the Group for the financial year ending 30 September 2022.
SGXNET Reference: https://tinyurl.com/SGX-43F-20220422
About AcroMeta Group Limited [SGX: 43F] [RIC: ACRI.SI] [BB: ACRO.SP]
AcroMeta Group Limited (previously AcroMec Limited) is an established specialist engineering services provider with more than 20 years of experience in the field of controlled environments. The Group has over the years acquired expertise in the design and construction of facilities requiring controlled environments such as laboratories, medical and sterile facilities and cleanrooms.
ACROMETA's business is divided into two main segments: (i) Engineering, procurement, and construction services, specialising in architectural, and mechanical, electrical and process works within controlled environments; and (ii) Maintenance and repair services of facilities and equipment of controlled environments and their supporting infrastructure.
The Group mainly serves the healthcare, biotechnology, pharmaceutical, research and academia, and electronics sectors. ACROMETA counts amongst its customers, hospitals and medical centres, government agencies, research and development companies or agencies, research and development units of multinational corporations, tertiary educational institutions, pharmaceutical companies, semiconductor manufacturing companies, and multinational engineering companies.
The company has been listed on the Catalist board of the SGX since 2016, and became AcroMeta Group Limited (previously AcroMec Limited) on February 18, 2022. For more information, please visit www.acrometa.com.
Media and Analysts Contact:
ACROMETA Group Limited
Mr Jerry Tan
Chief Financial Officer
Tel: +65 6415 0574
Email: jerry.tan@acromec.com
Waterbrooks Consultants Pte Ltd
Mr Wayne Koo
Tel: +65 6958 8008 / +65 9338 8166
Email: wayne.koo@waterbrooks.com.sg
Email: query@waterbrooks.com.sg
This media release has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.
The contact person for the Sponsor is Mr. Joseph Au, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/PXB8fOM
ACROMETA clinches record $31 million contract for semiconductor industry
ACROMEC's specialties in controlled environment engineering
The ability to succinctly and precisely control physical variables such as temperature, air purity, humidity, and pressure in facility, like the product manufacturing space is a mission critical requirement. ACROMEC is ready to take on this project with the requisite track record, having completed numerous projects in clean rooms, laboratories and advanced manufacturing facilities.
Completion of previously announced project for Nasdaq-listed Genscript Biotech's Singapore R&D and manufacturing facility
ACROMEC'S strong track record is also seen having, earlier on, successfully completed the prestigious contract for the design and construction of Genscript's R&D and production laboratory facilities where they are used for the manufacture of the first-in-world C-Pass Serological Test Kit by the Duke University-NUS Medical School collaboration. C-Pass is a game-changing blood testing kit that determine a person's level of immunity against COVID-19 after vaccination.
Strong outlook for ACROMETA's controlled environment engineering business
ACROMETA Co-Founder, Chairman and CEO Lim Say Chin is heartened by the sizeable contract win. It reflects well on the high level of confidence that our Customer has on us. He said, "We are optimistic on the growth of our controlled environment business. Our business is well positioned for the Post-COVID world. We are having more customers investing in building facilities again for the future, both to prepare for the next pandemic and to prepare for technological growth. Indeed, we see activities building up in the biotechnology and semiconductor sectors, and we are glad to serve this space."
The contract is expected to commence soon and will materially contribute positively to the earnings per share and net tangible assets per share of the Group for the financial year ending 30 September 2022.
SGXNET Reference: https://tinyurl.com/SGX-43F-20220422
About AcroMeta Group Limited [SGX: 43F] [RIC: ACRI.SI] [BB: ACRO.SP]
AcroMeta Group Limited (previously AcroMec Limited) is an established specialist engineering services provider with more than 20 years of experience in the field of controlled environments. The Group has over the years acquired expertise in the design and construction of facilities requiring controlled environments such as laboratories, medical and sterile facilities and cleanrooms.
ACROMETA's business is divided into two main segments: (i) Engineering, procurement, and construction services, specialising in architectural, and mechanical, electrical and process works within controlled environments; and (ii) Maintenance and repair services of facilities and equipment of controlled environments and their supporting infrastructure.
The Group mainly serves the healthcare, biotechnology, pharmaceutical, research and academia, and electronics sectors. ACROMETA counts amongst its customers, hospitals and medical centres, government agencies, research and development companies or agencies, research and development units of multinational corporations, tertiary educational institutions, pharmaceutical companies, semiconductor manufacturing companies, and multinational engineering companies.
The company has been listed on the Catalist board of the SGX since 2016, and became AcroMeta Group Limited (previously AcroMec Limited) on February 18, 2022. For more information, please visit www.acrometa.com.
Media and Analysts Contact:
ACROMETA Group Limited
Mr Jerry Tan
Chief Financial Officer
Tel: +65 6415 0574
Email: jerry.tan@acromec.com
Waterbrooks Consultants Pte Ltd
Mr Wayne Koo
Tel: +65 6958 8008 / +65 9338 8166
Email: wayne.koo@waterbrooks.com.sg
Email: query@waterbrooks.com.sg
This media release has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.
The contact person for the Sponsor is Mr. Joseph Au, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74817/
G20 urges World Bank to prepare FIF Establishment: Indrawati
Washington, Apr 22, 2022 - (JCN Newswire) - G20 members have urged the World Bank to immediately prepare for the establishment of the Financial Intermediary Fund (FIF), Finance Minister Sri Mulyani Indrawati stated. FIF should be formed immediately in the framework of pandemic preparedness and response (PPR) in the future, the minister emphasized.
"The (G20) presidency concluded that the World Bank should start exploring the process for developing and establishing FIF," Indrawati remarked at the second meeting of the G20 Finance Ministers and Central Banks Governors (FMCBG) press conference here on Thursday.
G20 members view FIF as being the most effective choice for new financial mechanisms, especially in preparing for other potential pandemics in future. Indrawati believes this is because the establishment of FIF is viewed as being able to overcome the financing gap in the health sector as had occurred during the current COVID-19 pandemic.
"Most (G20) members agree on the need for a new financial mechanism dedicated to addressing the financing gap in PPR," she stated, explaining that G20 members hope that the establishment of FIF would mitigate the health financing needs in line with the World Health Organization's (WHO's) expectations.
Moreover, G20 members called on the World Bank to explore discussions on the governance and operational regulations of FIF by involving the WHO. "There is widespread support for WHO and the World Bank regarding the assessment of significant financing gaps that need to be addressed," Indrawati remarked.
Earlier, on April 1, the Indonesian finance and health ministries resumed the third G20 Joint Finance and Health Task Force (JFHTF). At the meeting, JFHTF co-chair Wempi Saputra invited G20 member countries to draw up a financing action plan for pandemic preparedness and response (PPR).
"The third JFHTF meeting is an important step for all member countries in drafting the financing strategies for prevention, preparedness, and response to the pandemic or PPR," Saputra stated.
Meanwhile, one of the main agendas of Indonesia's G20 Presidency is global health architecture.
Written by Astrid H, Kenzu T, Editor: Suharto (c) ANTARA 2022
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/PXB8fOM
"The (G20) presidency concluded that the World Bank should start exploring the process for developing and establishing FIF," Indrawati remarked at the second meeting of the G20 Finance Ministers and Central Banks Governors (FMCBG) press conference here on Thursday.
G20 members view FIF as being the most effective choice for new financial mechanisms, especially in preparing for other potential pandemics in future. Indrawati believes this is because the establishment of FIF is viewed as being able to overcome the financing gap in the health sector as had occurred during the current COVID-19 pandemic.
"Most (G20) members agree on the need for a new financial mechanism dedicated to addressing the financing gap in PPR," she stated, explaining that G20 members hope that the establishment of FIF would mitigate the health financing needs in line with the World Health Organization's (WHO's) expectations.
Moreover, G20 members called on the World Bank to explore discussions on the governance and operational regulations of FIF by involving the WHO. "There is widespread support for WHO and the World Bank regarding the assessment of significant financing gaps that need to be addressed," Indrawati remarked.
Earlier, on April 1, the Indonesian finance and health ministries resumed the third G20 Joint Finance and Health Task Force (JFHTF). At the meeting, JFHTF co-chair Wempi Saputra invited G20 member countries to draw up a financing action plan for pandemic preparedness and response (PPR).
"The third JFHTF meeting is an important step for all member countries in drafting the financing strategies for prevention, preparedness, and response to the pandemic or PPR," Saputra stated.
Meanwhile, one of the main agendas of Indonesia's G20 Presidency is global health architecture.
Written by Astrid H, Kenzu T, Editor: Suharto (c) ANTARA 2022
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/PXB8fOM
G20 hopes Indonesia's G20 Presidency finds solution to Global Economic Impact of Russia-Ukraine conflict
Washington, Apr 21, 2022 - (JCN Newswire) - The second G20 Finance Ministers and Central Bank Governors (FMCBG) meeting expects Indonesia's G20 Presidency to bring about a solution to the Russia-Ukraine conflict, Indonesian Finance Minister Sri Mulyani Indrawati stated.
"(G20) members hope that the current geopolitical situation, particularly related to the war in Ukraine, will be handled," Indrawati noted at a press conference of the second G20 FMCBG meeting on Thursday.
The expectation is based on the fact that the global situation has worsened and changed rapidly due to the COVID-19 pandemic, coupled with the Russia-Ukraine war, she remarked.
Moreover, the Russia-Ukraine conflict has a very dynamic implication, including on the energy, food, and fertilizer price hike, she affirmed.
Indrawati said Indonesia, which currently holds the G20 presidency, will continue to conduct intensive communication and consultations with all G20 members to address the very dynamic situation.
"The G20 good governance is actually based on consultations as well as cooperation," she remarked.
Indonesia continues to hold discussions with all G20 member states to find ways to get out of the various global economic risks that result not only from the war in Ukraine but also from the pandemic, she stated.
The minister emphasized the current need for an exit strategy since several countries were under the threat of high inflation while the global energy and food price hike will increasingly create a challenging situation for policy makers.
According to Indrawati, G20 members are concerned about inflationary pressures that tend to prompt several central banks to raise the policy interest rates that will eventually lead to faster-than-expected global liquidity tightening.
Hence, the higher level policy becomes the focus to fulfill the exit strategy-related commitment that is well-calibrated, planned, and communicated to support recovery and reduce the potential impact of a spillover, she stressed.
The collective and coordinated actions are not only aimed at mitigating the impact of the Russia-Ukraine war but also at controlling the pandemic. The actions will remain high on the list of G20's priorities, she stated.
G20 members have recorded an increase in the number of COVID-19 cases in several regions that burdened growth, extended supply disruption, worsened inflationary pressure, and slowed down global recovery, she remarked.
Written by Astrid Faidlatul H, Suharto, Editor: Fardah Assegaf (c) ANTARA 2022
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/PXB8fOM
"(G20) members hope that the current geopolitical situation, particularly related to the war in Ukraine, will be handled," Indrawati noted at a press conference of the second G20 FMCBG meeting on Thursday.
The expectation is based on the fact that the global situation has worsened and changed rapidly due to the COVID-19 pandemic, coupled with the Russia-Ukraine war, she remarked.
Moreover, the Russia-Ukraine conflict has a very dynamic implication, including on the energy, food, and fertilizer price hike, she affirmed.
Indrawati said Indonesia, which currently holds the G20 presidency, will continue to conduct intensive communication and consultations with all G20 members to address the very dynamic situation.
"The G20 good governance is actually based on consultations as well as cooperation," she remarked.
Indonesia continues to hold discussions with all G20 member states to find ways to get out of the various global economic risks that result not only from the war in Ukraine but also from the pandemic, she stated.
The minister emphasized the current need for an exit strategy since several countries were under the threat of high inflation while the global energy and food price hike will increasingly create a challenging situation for policy makers.
According to Indrawati, G20 members are concerned about inflationary pressures that tend to prompt several central banks to raise the policy interest rates that will eventually lead to faster-than-expected global liquidity tightening.
Hence, the higher level policy becomes the focus to fulfill the exit strategy-related commitment that is well-calibrated, planned, and communicated to support recovery and reduce the potential impact of a spillover, she stressed.
The collective and coordinated actions are not only aimed at mitigating the impact of the Russia-Ukraine war but also at controlling the pandemic. The actions will remain high on the list of G20's priorities, she stated.
G20 members have recorded an increase in the number of COVID-19 cases in several regions that burdened growth, extended supply disruption, worsened inflationary pressure, and slowed down global recovery, she remarked.
Written by Astrid Faidlatul H, Suharto, Editor: Fardah Assegaf (c) ANTARA 2022
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/PXB8fOM
G20 urges World Bank to prepare FIF Establishment: Indrawati
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"The (G20) presidency concluded that the World Bank should start exploring the process for developing and establishing FIF," Indrawati remarked at the second meeting of the G20 Finance Ministers and Central Banks Governors (FMCBG) press conference here on Thursday.
G20 members view FIF as being the most effective choice for new financial mechanisms, especially in preparing for other potential pandemics in future. Indrawati believes this is because the establishment of FIF is viewed as being able to overcome the financing gap in the health sector as had occurred during the current COVID-19 pandemic.
"Most (G20) members agree on the need for a new financial mechanism dedicated to addressing the financing gap in PPR," she stated, explaining that G20 members hope that the establishment of FIF would mitigate the health financing needs in line with the World Health Organization's (WHO's) expectations.
Moreover, G20 members called on the World Bank to explore discussions on the governance and operational regulations of FIF by involving the WHO. "There is widespread support for WHO and the World Bank regarding the assessment of significant financing gaps that need to be addressed," Indrawati remarked.
Earlier, on April 1, the Indonesian finance and health ministries resumed the third G20 Joint Finance and Health Task Force (JFHTF). At the meeting, JFHTF co-chair Wempi Saputra invited G20 member countries to draw up a financing action plan for pandemic preparedness and response (PPR).
"The third JFHTF meeting is an important step for all member countries in drafting the financing strategies for prevention, preparedness, and response to the pandemic or PPR," Saputra stated.
Meanwhile, one of the main agendas of Indonesia's G20 Presidency is global health architecture.
Written by Astrid H, Kenzu T, Editor: Suharto (c) ANTARA 2022
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74815/
4/20/22
Women of Venusverse "Genesis" Collection with NFT Validation by UREEQA now available on Opensea
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The Women of Venusverse "Genesis" Collection of 2,022 NFTs is a one-of-a-kind art collection with membership access to the Venusverse community.
Ten percent of revenue from the collection will be donated to the CivicAction Leadership Foundation in support of women in that organization's leadership programs, including the DiverseCity Fellows and the Emerging Leaders Network.
The "Genesis" Collection launched on April 19 on the Opensea.io marketplace.
"2,022" is somewhat of a representation of the number six (2+2+2), which is said to be the number of unconditional love and selflessness. Venus (named after the Roman Goddess of love and beauty) is the sixth planet in the solar system in terms of size and mass. And the 0 comes in because the stars aligned considering Venusverse launched as a company in 2022.
According to Venusverse CEO and co-founder, Janelle Chalouhi, the beautiful, eclectic and diverse 2,022 art pieces "represent women from across the world, bringing us all together under one collection."
Chalouhi described to Ontario-based digital artist and designer Fatima Gharaibeh her vision behind representing diversity among women from across the world as well as the properties and layers she wanted to include in the collection and Gharaibeh brought the vision to life in a beautiful way. That is how the first 114 NFTs were first created, 104 of which are animated. The properties were then used to generate the remaining 1,908 NFTs through generative art.
"To me this was a nod to the new digital era we have entered into, where we use tech to enhance the work we do and hopefully to do good," Chalouhi said.
Collectors who buy into the Genesis Collection of 2,022 NFTs will gain membership access to the Venusverse community, and they'll also be granted peace of mind thanks to UREEQA.
THEMUSEUM's CEO, David Marskell, introduced the two startups and asked both CEOs to serve on a recent panel with Museums Canada. It's only fitting that THEMUSEUM will be hosting the Women of Venusverse launch event in May at their Voodoo Lounge followed by an exhibit.
The next step for Venusverse was to protect the collection, and that's where UREEQA came in. The entire collection will be validated by UREEQA's Responsible Minting(TM) technology, with the platform's Package of Proof(TM) giving buyers the critical assurance that what they're purchasing is the real deal.
"Since I decided to go this route, I knew that the provenance and the authenticity of the collection was so important, especially given the amount of scams that are happening right now," Chalouhi said. "I needed the collection to essentially have a digital signature, which is why we've partnered with UREEQA to validate and authenticate the art, and to make the collection even more exclusive."
"Not only is this UREEQA's first opportunity to validate an entire NFT collection, but it also represents a chance for us to team up with a platform that shares similar values," UREEQA CEO Kirk Fergusson said. "Both UREEQA and Venusverse are focused on launching and supporting art that is honest and authentic, and the best way to provide that assurance to a buyer is by having the work validated. We are thrilled to provide that for the 2,022 collection."
A global network of validators will use UREEQA's platform and technology to analyze the authenticity of the full collection. At the end of the validation process, a Package of Proof will be generated which documents all the steps taken by UREEQA and its validation team to verify the authenticity of the work. The key information is made available on a provenance page, which is contained in the Venusverse website, providing an easy-to-use resource for prospective NFT buyers to verify the authenticity of a creation of interest.
And because key information about the creative work's authenticity is stored in a record on the blockchain, drop-day purchasers and those who buy the validated work on resale can be assured that they're getting the legit product, no matter when or where they're jumping in.
About VENUSVERSE
Venusverse is Canada's first female-founded female-focused educational program, incubator and NFT collection. Through awareness, education, thought leadership and a supportive community, Venusverse removes barriers to entry for women in the world of Web3.
- Website: www.venusverse.ca
- Instagram: @venus_verse
- LinkedIn: Venusverse
- Twitter: @venusverse_ca
About UREEQA
Established in Canada in 2020, UREEQA is modernizing the inefficient and bureaucratic systems currently in place for copyright protection. By building a robust and compelling Package of Proof(TM) for source creative work, UREEQA only mints Validated NFTs to represent creative rights. This helps keep buyers safe by giving them confidence that the work they are purchasing was minted by the smart contract approved by the creator of the work and is therefore authentic.
The UREEQA platform strives to protect creators' work, their rights and their revenue by harnessing the power of blockchain technology. UREEQA provides value and opportunities for its creators, validators and token holders via URQA, the token at the heart of the UREEQA ecosystem. For more information on UREEQA and upcoming announcements, please visit our website, join our Telegram channel and Discord server, and follow us on Twitter, Instagram and LinkedIn.
- Website: https://www.ureeqa.com/
- Discord: https://discord.com/channels/756566642418384906/824682437417369654
- Instagram: https://www.instagram.com/ureeqa_inc/
- LinkedIn: https://www.linkedin.com/company/ureeqainc/
- Telegram: https://t.me/UREEQA
- Twitter: https://twitter.com/UREEQA_Inc
About THEMUSEUM
We are THEMUSEUM - ONEWORDUPPERCASE. We are a new kind of experiential museum - one of maverick ideas and unexpected intersections. No dusty objects and no velvet ropes. We are a premier cultural destination dedicated to presenting fresh, inspiring content from around the globe in unique and immersive ways designed to showcase art & technology at play.
- Website: www.THEMUSEUM.ca
- Instagram: @THEMUSEUMkitchener
- Facebook: THEMUSEUMkitchener
- Twitter: @THEMUSEUM
- YouTube: THEMUSEUMtv
For additional information, please contact: David.Marskell@THEMUSEUM.ca
Disclaimer:
Statements in this article, including any statements relating to UREEQA's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in technology development and commercialization. As a result, actual results may vary materially from those described in the forward-looking statements. Do your own research!
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74637/
World Blockchain Summit (WBS) Breaks New Grounds with its 22nd Global Edition in Dubai
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The summit took place on 23-24 March 2022 and was driven by Dubai's vision to continually explore and evaluate the latest technology innovations by promoting more blockchain and crypto-related investments in the UAE, with over 4000 attendees ranging from top blockchain and crypto pioneers; industry experts; policy makers, IT leaders, investors; to solution providers, and startups.
Chief Guest was His Highness Sheikh Juma Ahmed Juma Al Maktoum, Member of the ruling family of Dubai and Chairman of Elite Partner Investment.Top speakers who attended the summit included Frederik Gregaard, Chief Executive Officer, Cardano Foundation; Faryar Shirzad, Chief Policy Officer, Coinbase; Alex Mashinsky, Founder and CEO, Celsius Network; Furqan Rassul, CEO, Elite Partner Investment; Navin Gupta, Managing Director of South Asia and MENA, Ripple; Sumit Ghosh, CEO & Co-Founder, Chingari App; Hon. Rosie Rios, Senior Advisor, Unicoin & Former Treasurer of the United States; and Stanislav Novikov, CEO, Paysenger, to name a few.
"The UAE's efforts to develop its blockchain ecosystem and ultimately become a global blockchain hub have been characterized by the introduction of initiatives and policies that sustain the momentum of this rapid growing industry," said Furqan Rassul while delivering the opening address at the World Blockchain Summit-Dubai.
Frederik Gregaard provided an up date on Cardano Foundation at the summit. During his address to the audience he stated, "We have now finally opened blockchain for business. We are at a stage where we can use this magnificent technology not just for NFT's or digital assets, but we can use this offline as well."
WBS also featured an interesting panel discussion on "Web 3.0 and the Roadmap to Mass Crypto Adoption" which included Samir Satchu, Senior VP- Public Policy & Expansion, BitOasis; Pavel Aramyan, Product Manager, Fasttoken; Igneus Terrenus, Head of Communications, Bybit; Stanislav Novikov, CEO, Paysenger; Kaylee Bushell, Chief of Staff, Decentology; and Jens Podewski, Co-Founder & CEO, FinXP.
While speaking on the topic 'Getting a billion DAUs to crypto' Sumit Ghosh stated "The next 1 billion daily active users in crypto will come from gaming and crypto. Chingari will create the next creator economy revolution."
UAE is regarded as one of the world's most preferred locations for technology innovations. WBS proudly hosted Startup World Cup regionals by Pegasus Tech Ventures, the World Blockchain Summit provided a forum for 20 startups to showcase their innovative capabilities in front of global investors. THORWallet DEX, a company that provides non-custodial wallet to its users won the pitch slot at the 2022 Startup World Cup in San Francisco. They will now have the chance to network with startups and investors at the Startup World Cup Grand Finale, where they will present THORWallet DEX for a US$ 1 million investment prize. The summit also featured an Investor Gala Dinner on 22 March 2022 and an afterparty on 23 March 2022.
The Dubai edition of the World Blockchain Summit also conducted a special Twitter contest wherein the winner of the contest Mr Abhishek Bhatnagar (Twitter handle - @ abhishek) won Bitcoin worth 1000 USD.
World Blockchain Summit - Dubai 2022 was officially sponsored by:
1. Presenting sponsor - Chingari Powered by $GARI
2. Co-host sponsor - Paysenger Inc.
3. Powered by - Bybit
4. Lead sponsor - Fasttoken
5. Diamond sponsor - Unicoin
6. Platinum sponsors - Luni, DFG, Consensys, Citadel.One and Decentralised Investment Group, Devita
7. Strategic sponsor - EarthFund
8. After Party Sponsor - Nicco Global
9. Investor Gala Dinner sponsor - Divi Project
10. Gold sponsors - IoTex; BitMEX; Coincover; Ezil; BitOasis; Empiretoken.world, Limoverse.io and Fellaz
11. Silver sponsors - SeedOn; The Joint Data & Cloud Services, Instaraise, Concordium, FinXP Ltd., iMe Lab, CoinFLEX, Katana Inu, XT.COM, Vyfinance, Funganomics and Dinero
12. Bronze sponsors - Finvault Exchange, Nexo, Amber Global Limited, Blatform, Revolve Games, Decentology; The Cloud City Metaverse; and Fanadise
13. Badge sponsor - BitMEX
14. Ecosystem partner - ECOX
15. Pen sponsor - Day Of Defeat
16. Lanyard sponsor - Bybit
17. Lunch Sponsor - Panorama Finance
18. Coffee Break Sponsor - Constellation Network
19. Robot sponsor - BlockAura
20. Pitch partners - Artessere, IOM, Allbum, Metaneum INC., MetaGameHub, Ethernity CLOUD Ltd., LINGO, DAO Launcher, BFK Warzone
21. Exhibitors - Unifarm, Peratera, Stake2earn, Listing.Help, SDLC Corp, Threefold, Rakuza NFT, Profit Centre FX, Authenteq, Coinfirm, Amaze World, BlockchainX, Peratera, BlockchainX, Vidscoin, MDEX, Solidus AITECH
22. Official Arabic Broadcaster - CNBC
23. Official Media Partner - CoinQuora
World Blockchain Summit is managed global business events and consulting firm Trescon.
About World Blockchain Summit (WBS)
World Blockchain Summit is a global series of elite gatherings that takes place in 16+ destinations across the world. It connects global blockchain gurus and technology players in this space including emerging startups - with regional businesses, government authorities, IT leaders, tech entrepreneurs, investors, and blockchain developers. For more information about WBS, visit: www.worldblockchainsummit.com
About Trescon
Trescon is a global business events and consulting firm that provide a wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon specialises in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect and consulting services. For more information about Trescon, visit: www.tresconglobal.com.
For further details, please contact:
Karthik A
Corporate Communications Manager, Trescon
media@tresconglobal.com
+91 81059 75937
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74773/
Trintech Announces New Chief Human Resources Officer
"Businesses don't create value; people do. Our employees are the heart of our business which is why I am thrilled to welcome Monna as our new CHRO focused on continuing to provide our employees with a great place to work and ways to grow and develop their careers," said Teresa Mackintosh, Chief Executive Officer of Trintech. "Monna's strong track record and rich experience in talent development and change management across teams will help us to ensure we continue to build an agile culture of inclusivity and personal growth for all, while attracting the talent to meet the evolving needs of our customers in this digital world."
Nevils joins the Trintech team with more than 20 years of experience holding global HR leadership roles spanning industries such as technology, real-estate, banking, and healthcare. She is a creative and innovative global human resources executive with experience in aligning the people function to the overall business strategy, developing and executing plans that amplify an inclusive, collaborative culture. Her broad experience includes M&A, change management, talent acquisition, succession planning, learning and development, performance management and total rewards. Prior to joining Trintech, Nevils was the VP, HR - Americas; Global HRBP, Product Marketing for Datalogic. She also served as the Chief Human Resources Officer for Behavioral Health Group (BHG). Nevils earned her MBA from the University of Houston and undergraduate degree in business from Lamar University. She is also a certified trainer and coach and has her Senior Professional in Human Resources (SPHR) certification.
"I am very excited to be joining Trintech as the new CHRO to continue building upon the strong foundation of practices Trintech already has in place today," said Monna Nevils, Chief Human Resources Officer of Trintech. "It is evident to me that Trintech prioritizes a customer and people-centric culture and passion for innovation, and I look forward to partnering with the team to develop a progressive and aligned global HR strategy to support an environment where talent and culture continue to be a foundational and driving factor in the success of Trintech."
Trintech has most recently been named a Dallas/Fort Worth "Best and Brightest Companies to Work For(R)" 2022 Elite Award Winner by the National Association for Business Resources. Interested in joining our team? Check out our open positions here. https://www.trintech.com/careers/
About Trintech
Trintech Inc., a leading global provider of cloud-based financial close solutions for the Office of Finance, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure and fiduciary reporting and bank fee analysis, to governance, risk and compliance - Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide - including the majority of the Fortune 100 - rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.
Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.
Media Contact:
Kelli Shoevlin
Sr. Manager, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com
SOURCE: Trintech, Inc.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com
source https://www.acnnewswire.com/press-release/english/74744/
NextPlay Technologies Acquires Assets and IP of Casual Game Publisher, goGame, to Integrate its HotPlay In-Game Advertising Technology
SUNRISE, FL, Apr 20, 2022 - (JCN Newswire) - NextPlay Technologies, Inc. (Nasdaq: NXTP), a technology solutions company building a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has completed its previously announced acquisition of gaming assets and IP from goGame, a Singapore-based mobile casual video game publisher and technology company.
The acquired assets include goPlay, a new-gen game publishing platform featuring a tournament system, chat, payment, and 37 casual games ranging from arcade to strategy. NextPlay plans to complete the integration of its HotPlay in-game advertising (IGA) technology into the 37 goPlay games by year-end.
NextPlay also acquired from goGame a perpetual license to goPay, a payment aggregator that offers game developers multiple ways to more easily collect and process user payments. This includes carrier billing, over the counter, e-voucher, bank transfer and e-wallet. The goPay technology further extends NextPlay's existing payment services, offering access to a wider array of global payment providers.
"The key value for us in this acquisition is how the goPlay platform enables gamers to form a community within its ecosystem," noted NextPlay co-chief executive Nithinan (Jessie) Boonyawattanapisut. "We see this providing a ready-made platform to launch our HotPlay IGA technology, with this leading to new revenue streams and expansion of our reach to users in many additional countries around the world."
As a fully owned brand, goPlay brings Nextplay:
- Web destination for players to gather and engage in social play across a catalogue of well-crafted, hyper casual games.
- Set of new technologies and APIs, such as social graph, chat, and game tournament backend services, for integration into the company's advertising and game services offering and delivered via its core game software development kit across web, set-top box, and mobile platforms.
- New revenue stream through goPay payments and ability to harness exciting new partnerships in key areas of NextPlay's broader market focus, such as NFT gaming and cryptocurrency.
goPlay and goPay offer a core set of compelling features that are perfect for a wide variety of platform partners who will be able to sign up under an Open Beta this summer. The goGame offerings will become part of the NextPlay suite of customizable products that can be tailored to fit the individual needs and capabilities of B2B and B2C operators across the globe.
NextPlay also plans to introduce goPlay game users to its NextFinancial fintech-oriented products, including crypto banking, micro-lending, and potential insurance services. Across each of these offerings, NextPlay would also have full access to goGame's payment processing gateway goPay.
For further details about the NextPlay's asset and IP purchase from goGame, please see the NextPlay Form 8-K filing with the U.S. Securities and Exchange Commission at www.sec.gov, and also available in the nextplaytechnologies.com investor relations section.
About goGame
Go Game Pte Ltd is a game company headquartered in Singapore, with offices in Malaysia, Philippines, Taiwan, Thailand, and Vietnam. Founded in July 2015 by industry veteran David Ng, the company first made headlines for securing major investments from gaming giant SEGA and venture capitalist Incubate Fund Japan. The 200-strong team has collaborated on projects with SEGA, Disney, Colopl and Viacom. For more information, visit gogame.net
About NextPlay Technologies
NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay's engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of our existing and acquired technologies. For more information about NextPlay Technologies, visit www.nextplaytechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions 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. Forward-looking statements give our current expectations, opinions, beliefs or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties related to our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; the fact that the COVID-19 pandemic has had, and is expected to continue to have, a significant material adverse impact on the travel industry and our business, operating results and liquidity; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence and voting control over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; our travel business depends substantially on property owners and managers renewing their listings; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our long-term success depends, in part, on our ability to expand our property owner, manager and traveler bases outside of the United States and, as a result, our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving ALR, Internet and e-commerce industries which could harm our operating results; risks associated with the operations of, the business of, and the regulation of our recent acquisitions of Longroot Holding (Thailand) Company Limited (Longroot), HotPlay Enterprise Limited (HotPlay) and NextBank International (formerly IFEB); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; risks associated with the integration of the operations of HotPlay, Longroot and IFEB, which acquisitions we recently competed; the fact that we may be subject to liability for the activities of our property owners and managers, which could harm our reputation and increase our operating costs; and that we have incurred significant losses to date and require additional capital which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by NextPlay are detailed from time to time in NextPlay's periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings "Risk Factors". These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company's future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Source: NextPlay Technologies, Inc.
Company Contact:
NextPlay Technologies
Richard Marshall
Director of Corporate Development
Tel (954) 888-9779
rmarshall@monakergroup.com
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/XfPiaJ5
The acquired assets include goPlay, a new-gen game publishing platform featuring a tournament system, chat, payment, and 37 casual games ranging from arcade to strategy. NextPlay plans to complete the integration of its HotPlay in-game advertising (IGA) technology into the 37 goPlay games by year-end.
NextPlay also acquired from goGame a perpetual license to goPay, a payment aggregator that offers game developers multiple ways to more easily collect and process user payments. This includes carrier billing, over the counter, e-voucher, bank transfer and e-wallet. The goPay technology further extends NextPlay's existing payment services, offering access to a wider array of global payment providers.
"The key value for us in this acquisition is how the goPlay platform enables gamers to form a community within its ecosystem," noted NextPlay co-chief executive Nithinan (Jessie) Boonyawattanapisut. "We see this providing a ready-made platform to launch our HotPlay IGA technology, with this leading to new revenue streams and expansion of our reach to users in many additional countries around the world."
As a fully owned brand, goPlay brings Nextplay:
- Web destination for players to gather and engage in social play across a catalogue of well-crafted, hyper casual games.
- Set of new technologies and APIs, such as social graph, chat, and game tournament backend services, for integration into the company's advertising and game services offering and delivered via its core game software development kit across web, set-top box, and mobile platforms.
- New revenue stream through goPay payments and ability to harness exciting new partnerships in key areas of NextPlay's broader market focus, such as NFT gaming and cryptocurrency.
goPlay and goPay offer a core set of compelling features that are perfect for a wide variety of platform partners who will be able to sign up under an Open Beta this summer. The goGame offerings will become part of the NextPlay suite of customizable products that can be tailored to fit the individual needs and capabilities of B2B and B2C operators across the globe.
NextPlay also plans to introduce goPlay game users to its NextFinancial fintech-oriented products, including crypto banking, micro-lending, and potential insurance services. Across each of these offerings, NextPlay would also have full access to goGame's payment processing gateway goPay.
For further details about the NextPlay's asset and IP purchase from goGame, please see the NextPlay Form 8-K filing with the U.S. Securities and Exchange Commission at www.sec.gov, and also available in the nextplaytechnologies.com investor relations section.
About goGame
Go Game Pte Ltd is a game company headquartered in Singapore, with offices in Malaysia, Philippines, Taiwan, Thailand, and Vietnam. Founded in July 2015 by industry veteran David Ng, the company first made headlines for securing major investments from gaming giant SEGA and venture capitalist Incubate Fund Japan. The 200-strong team has collaborated on projects with SEGA, Disney, Colopl and Viacom. For more information, visit gogame.net
About NextPlay Technologies
NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay's engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of our existing and acquired technologies. For more information about NextPlay Technologies, visit www.nextplaytechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions 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. Forward-looking statements give our current expectations, opinions, beliefs or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties related to our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; the fact that the COVID-19 pandemic has had, and is expected to continue to have, a significant material adverse impact on the travel industry and our business, operating results and liquidity; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence and voting control over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; our travel business depends substantially on property owners and managers renewing their listings; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our long-term success depends, in part, on our ability to expand our property owner, manager and traveler bases outside of the United States and, as a result, our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving ALR, Internet and e-commerce industries which could harm our operating results; risks associated with the operations of, the business of, and the regulation of our recent acquisitions of Longroot Holding (Thailand) Company Limited (Longroot), HotPlay Enterprise Limited (HotPlay) and NextBank International (formerly IFEB); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; risks associated with the integration of the operations of HotPlay, Longroot and IFEB, which acquisitions we recently competed; the fact that we may be subject to liability for the activities of our property owners and managers, which could harm our reputation and increase our operating costs; and that we have incurred significant losses to date and require additional capital which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by NextPlay are detailed from time to time in NextPlay's periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings "Risk Factors". These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company's future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Source: NextPlay Technologies, Inc.
Company Contact:
NextPlay Technologies
Richard Marshall
Director of Corporate Development
Tel (954) 888-9779
rmarshall@monakergroup.com
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/XfPiaJ5
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