Reorganizing Hitachi High-Tech Solutions to Strengthen Capabilities for Solving Social Infrastructure Issues JCN Newswire

Reorganizing Hitachi High-Tech Solutions to Strengthen Capabilities for Solving Social Infrastructure Issues

TOKYO, Feb 16, 2023 - (JCN Newswire via SEAPRWire.com) - Hitachi High-Tech Corporation today announced the reorganization of Hitachi High-Tech Solutions Corporation on April 1, 2023, as part of the company's priority initiatives to realize 2024 Mid-Term Management Plan.Hitachi High-Tech Solutions aims to become a technology and solutions company that solves social infrastructure issues in broad sense including industrial sectors, with the power of sensing and control by focusing on the OT(1) business that provides solutions through measurement, control, and digital technologies, and the IS(2) business which focuses on railway inspection equipment.Through corporate divestiture(3), Hitachi High-Tech Solutions transfers its businesses that provide hard disk-/FPD(4)-related devices and laboratory solutions in the IS business unit, and the ICT(5) business that provide digital solutions using network/cloud services, ECM(6) and IoT(7), to Hitachi High-Tech, and the Hitachi High-Tech Group will continue to strengthen businesses aimed at solving social issues with our core Observation, Measurement, and Analysis.Creating Value in Social Infrastructure FieldsThe Hitachi High-Tech Group declared our intension to create societal issue-driven value through our "Sustainability 2030" declaration and formulated the 2024 Mid-Term Plan in FY2022 by using backcasting from our Stated Aims for 2030.As one of the major group companies, Hitachi High-Tech Solutions will focus efforts on fields where measurement, control, and digital technologies can be utilized to their fullest potential in OT business and aim to provide new solutions. Furthermore, in the IS business, the company will go on to increase the business value of our social infrastructure solutions by aiming to expand business areas from not only inspection equipment for railway tracks, overhead lines, and peripheral equipment, but also services including data utilization.Part of Hitachi High-Tech Solutions' businesses will be transferred to Hitachi High-Tech, with an eye to expanding the business and strengthening the management foundation by combining the technologies cultivated in fields such as hard disk inspection equipment and utilizing the digital human resources and capabilities cultivated in the digital solutions business.In order to create new value by strengthening existing businesses and business-creation capabilities, we will continue to strengthen our ability to flexibly respond to changes and be willing to change on our own. We will contribute to the realization of a sustainable society by solving social issues utilizing our strengths in Observation, Measurement, and Analysis.(1) OT: Operational Technology(2) IS: Inspection System(3) Corporate divestiture: In this corporate divestiture, the decision has been made without an approval resolution at the shareholders' meeting as allowed for in Japanese Corporate Law.(4) FPD: Flat Panel Display(5) ICT: Information and Communication Technology(6) ECM: Engineering Chain Management(7) IoT: Internet of ThingsAbout Hitachi High-Tech SolutionsHitachi High-Tech Solutions was established in 2014 through a consolidation of Hitachi High-Tech Trading Corporation and Hitachi High-Tech Solutions. We endeavor to solve customer issues and support their social and industrial activities by providing products and services based on core technologies, such as control, sensing, digital, and security technologies, as well as the ability to build infrastructure.In addition to instruments and control systems, industrial instruments, analysis systems, and various digital solutions, the company also manufactures and sells ICT-related equipment and systems, railway inspection business, hard disk inspection equipment, and more.For further information, visit www.hitachi-hightech.com/global/en/company/group/hsl/.About Hitachi High-TechHitachi High-Tech, headquartered in Tokyo, Japan, is engaged in activities in a broad range of fields, including manufacture and sales of clinical analyzers, biotechnology products, and analytical instruments, semiconductor manufacturing equipment and analysis equipment. and providing high value-added solutions in fields of social & industrial infrastructures and mobility, etc. The company's consolidated revenues for FY 2021 were approx. JPY 576.8 billion [USD 5.1 billion]. For further information, visit www.hitachi-hightech.com/global/en/.ContactChino, NishikawaCorporate Communications Dept., CSR Div.,Hitachi High-Tech CorporationTel : +81-80-9207-5949 Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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MEV Capital Partners with Marex Solutions to Offer On-chain Structured Products in DeFi SeaPRwire

MEV Capital Partners with Marex Solutions to Offer On-chain Structured Products in DeFi

London, the UK, February 13, 2023 - (SEAPRWire) - MEV Capital, a leading digital asset manager specializing in capturing value in the DeFi markets, and Marex Solutions, a renowned commodity broker and provider of OTC hedging solutions, announced their partnership to innovate and create new digital asset products.With MEV Capital's proficiency in DeFi and Marex's established reputation in the commodity markets, this collaboration is poised to pioneer novel and exciting opportunities for clients looking to diversify their portfolios and capitalize on the cryptocurrency industry.Harry Benchimol, Co-Head of Derivatives Engine at Marex Solutions, said, “We are thrilled to partner with MEV Capital and leverage their unique insight and market-neutral strategies in the DeFi space to provide a valuable offering to our clients. Manufacturing innovative derivatives with MEV Capital's expertise will allow both parties to create new products combining the best centralized and decentralized finance.”MEV Capital has been a prominent player in the DeFi space, specializing in on-chain yield strategies such as liquidity provision, statistical arbitrage, and carry trading. Their extensive experience and expertise in the DeFi market bring valuable insight and perspective to the partnership with Marex.The first financial instrument the two companies will collaborate on is a fixed-term DeFi-linked note on stablecoins. This structured product, a first-of-its-kind, will allow professional investors to benefit from the growth of cryptocurrencies while retaining a stable, national currency-linked exposure.Laurent Bourquin, Managing Partner of MEV Capital, said, “Our collaboration with Marex is a real leap forward for the institutionalization of DeFi. It will facilitate its access and anchor the positioning of digital assets as a new asset class for years to come.”MEV Capital has been successfully executing on-chain yield strategies for clients for over two years and is in the final stages of opening a dedicated DeFi market-neutral investment fund in the Cayman Islands.About Marex SolutionsMarex Solutions is a leading commodity broker and provider of OTC hedging solutions. With a reputation for staying ahead of the rapidly changing financial landscape, Marex continues to offer innovative products and services to its clients.About MEV CapitalMEV Capital is a digital asset manager specializing in extracting value from DeFi markets. The company's expertise in DeFi and on-chain yield strategies make it a valuable partner for clients looking to diversify their portfolios and benefit from the growth of the digital asset space.Media contactGytis TrilikauskisChief Operating OfficerMEV CapitalVilnius str. 31-9, LT-01402, Vilnius, Lithuania0037061278462 The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.comSectors: Top Story, Daily NewsSEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Fujitsu outlines vision for secure and sustainable network technologies at MWC Barcelona 2023FP JCN Newswire

Fujitsu outlines vision for secure and sustainable network technologies at MWC Barcelona 2023FP

TOKYO, Feb 1, 2023 - (JCN Newswire via SEAPRWire.com) - Fujitsu will reveal how innovative open-network technologies and secure network solutions are creating new possibilities for a more sustainable world at MWC Barcelona 2023, the world's largest mobile industry exhibition.This year's showcase will focus on the theme of "Opening innovation for people and the planet," with Fujitsu demonstrating how its latest network technologies, including solutions under Fujitsu Uvance, will contribute to the achievement of sustainability transformation (SX) for its customers and partners globally.Fujitsu will additionally offer panel discussions with high profile guest speakers from customers and partners to deliver insights into prospects for network security in the present and future as it leads the way toward the realization of trustable networks, which will form the basis of a borderless world that promises to integrate physical and virtual space.Fujitsu will welcome visitors this year to its exhibit at Booth 4E 20 (Hall 4), presenting a range of highlights, including:- Demonstration of vRAN solutions that support mobile communications carriers and service providers to provide improved services while achieving carbon neutrality through low power consumption- Demonstration of a network orchestration system that realizes automatic network control, leveraging Fujitsu's unique AI technology- Presentation hosted by Rod Naphan, CTO of Fujitsu Network Communications, on network security initiatives, as well as a panel discussion with external experts focused on the creation of reliable and secure networks essential for connecting the physical and virtual space. Fujitsu's Session Page (MWC Barcelona 2023)- Security services for open networks and initiatives to realize advanced security, delivering reliability to corporate activities in new digital domains, including the Metaverse and Web3- Wireless access solutions that help reduce environmental impact through low power consumption and multi-band support- Fujitsu's network vision for the 6G era and the high-performance semiconductor wafer technology that supports it- Solutions to societal issues based on the theme of co-creation and the environment under Fujitsu Uvance, as well as private 5G solutions and edge computing services that support themOverview of MWC Barcelona 2023 and Fujitsu BoothDate: Monday, February 27, 2023 to Thursday, March 2, 2023Venue: Fira Gran Via, Av. Joan Carles I, 64 08908 L 'Hospitalet de Llobregat, Barcelona, SpainFujitsu Booth: 4E 20 (Hall 4)About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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Kurita Water Industries and Hitachi Launch a Co-creation to Implement Solution in Society and Build an Ecosystem for a Sustainable Society with “Zero Environmental Impact” JCN Newswire

Kurita Water Industries and Hitachi Launch a Co-creation to Implement Solution in Society and Build an Ecosystem for a Sustainable Society with “Zero Environmental Impact”

TOKYO, Jan 26, 2023 - (JCN Newswire via SEAPRWire.com) - Kurita Water Industries Ltd. and Hitachi, Ltd. recently concluded a memorandum of understanding (MOU) after reaching an agreement on launching a co-creation to implement solution in society and build an ecosystem with a focus on manufacturing industry and with a view to a sustainable society. The two companies will accelerate efforts to implement solutions in society for realizing "zero environmental impact" in the supply chain by combining solutions and technologies and partnering other companies and organizations that sympathize with the vision.Concept of co-creation between Kurita Water Industries and HitachiDetails of the co-creationThe two companies will define social value with a focus on the manufacturing industry, and provide solutions to customers by creating a value creation model that combines Kurita's diverse points of contact with customer sites in a wide range of industries, water treatment and waste reduction technologies, and digital solutions with Hitachi's technologies and expertise, including Lumada(1) solutions such as environmental data visualization, analysis, and environmental impact reduction technologies (ex. energy circulation using hydrogen).For example, the two companies aim to build a supply chain that maximizes the value of resources by considering organic waste from manufacturing process of food factories etc. as resources and combining the two companies' upcycling/energy recovery technologies and the Lumada Solution as a mechanism for verifying the circulation of resources.The two companies will continue to discuss a variety of themes for the co-creation, and will also actively work to build an ecosystem with companies who agree with their vision by utilizing Hitachi's Lumada Alliance Program(2). Through these activities, Kurita and Hitachi will address challenges such as the preservation and improvement of water resources and sustainable energy use and will contribute to achieving a sustainable society.BackgroundThe United Nations adopted the SDGs in 2015. The Paris Agreement is a new international framework for causes such as a reduction of greenhouse gas emissions. The Japanese government advocates Society 5.0. These initiatives, among many others aimed at making society sustainable and enhancing people's Quality of Life, have accelerated in recent years. Social issues have grown more extensive and require more advanced action. In addition to advances in the digitalized society, these changes will increasingly gain momentum after the COVID pandemic and other catalysts.Initiatives leading to co-creationKurita is committed to solving social issues through its business activities in the areas of water and the environment by means of many different solutions created from the "water knowledge" which the Company has accumulated for many years. The Company creates social value by focusing on the development of products, technologies and business models that are significantly effective in saving water and reduction of CO2 emissions and waste and contribute to achieving SDGs and their specific targets.Hitachi combines product/OT(3), which it has accumulated for many years as a manufacturer, with IT and offers Lumada solutions that accelerate DX (digital transformation) through co-creation with customers. By doing so, the Company develops a social innovation business to maintain society within the planetary boundary and help each individual to achieve wellbeing while contributing to solving ever-complex social issues.Kurita and Hitachi, with an eye toward a sustainable society in response to the changing society, concluded that both of their technologies and expertise would contribute to increasing value for customers and society. Since March 2021, the two companies have been discussing the possibility of co-creation by using Hitachi's unique Lumada co-creation approach that generates new value and ideas not seen before. This led to the recent conclusion of MOU after the both companies reached an agreement on accelerating the efforts to implement in society the solutions for achieving "zero environmental impact" in the supply chain through the combining of the two companies' solutions and technologies and gaining partners in pursuit of creating businesses to build an ecosystem.The two companies have already started working on co-creation in DX for the management of steel mill raw material yards(4). After the recent conclusion of the MOU, the scope of discussion for realization of sustainable society will be expanded and the co-creation will be accelerated.(1) Lumada: A collective term for solutions, services and technologies based on Hitachi's advanced digital technologies for creating value from customers' data accelerating digital innovation (2) Lumada Alliance Program: A program for building an ecosystem through a community of open innovation characterized by matching with many different partners, with the aim of accelerating social innovation to solve the social issues that would be hard for a single company alone to solve and thereby create value(3) OT: Operational Technology(4) A news release published by Kurita Water Industries and Hitachi on September 27, 2022 "Kurita Water Industries and Hitachi Launch DX Co-creation for Managing Steel Mill Raw Material Yards"About Kurita Water Industries Ltd.Based on our corporate philosophy to "study the properties of water, master them, and create an environment in which nature and humanity are in harmony," Kurita provides customers with value to realize a sustainable society through our business activities in water and the environment. Seeing CSR as central to our business management, we operate under the four themes of "Solve issues related to water resources," "Realize sustainable energy use," "Reduce waste," and "Advance industrial production technologies" to create value throughout society and provide customers with products, technologies, and a business model making major contributions to water conservation, reducing carbon emissions, and reducing waste.In fiscal 2021 (the year ended March 2022), Kurita had consolidated sales revenue of 288.2 billion yen. As of March 2022, the Company has 70 consolidated subsidiaries employing 7,661 people worldwide.Visit the Kurita website for more information (www.kurita.co.jp/english/index.html).About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at www.hitachi.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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Hitachi Astemo, Trend Micro, and VicOne Expand Collaboration on Security Solutions for Connected Cars, Targeting 2025 Commercialization JCN Newswire

Hitachi Astemo, Trend Micro, and VicOne Expand Collaboration on Security Solutions for Connected Cars, Targeting 2025 Commercialization

TOKYO, Jan 25, 2023 - (JCN Newswire via SEAPRWire.com) - Hitachi Astemo, Ltd., Trend Micro Inc. and its subsidiary VicOne Inc. have expanded their collaboration to provide security solutions for connected cars, aiming for commercialization by 2025.Solution Construction ImageHitachi Astemo's division that develops in-vehicle components for connected cars has been working with Trend Micro on the joint development of security solutions for connected cars(1) since October 2021(2). Now, Hitachi Astemo,Trend Micro and VicOne, will expand collaboration on security solutions for the in-vehicle side of the business. The collaboration will combine Hitachi Astemo's Edge-SIEM(3) security solution for automobiles with Trend Micro and VicOne's xCarbon(4) embedded security solution for in-vehicles, and will provide security solutions to detect and mitigate cyber attacks and their risks to connected cars on the in-vehicle side by 2025.Specifically, xCarbon protects information-related ECUs(5) from cyber attacks, including devices that communicate over the Internet (TCU(6)) installed in vehicles and information systems (IVI(7)) with embedded high-performance OS such as car navigation systems. xCarbon detects and blocks, in real time, attacks that exploit vulnerabilities, communications with command and control (C&C) servers(8) that are remotely controlled by cyber attackers, communications used by malware, and unauthorized file rewriting.Furthermore, by placing Edge-SIEM in the central gateway, which is responsible for the central communication control of the vehicle network, log information such as gas and brake pedal operation and car navigation system manipulation is collected from each control ECU and information ECU to monitor the behavior of the entire vehicle system. Edge-SIEM monitors and determines suspicious behavior in the vehicle, including braking and accelerating, and immediately notifies V-SOC(9), the automaker's security monitoring center, if there is a possibility of a cyber attack. At this time, xCarbon functions as a security sensor for Edge-SIEM and provides the security logs of information ECUs such as TCU and IVI to Edge-SIEM. By collecting information, making decisions, and notifying in the vehicle, xCarbon reduces the monitoring burden on the V-SOC, blocks attacks in real time, and supports early response to cyber-attacks.Solution Construction ImageIn August 2022, a verification experiment was conducted using Hitachi Astemo's central gateway equipped with Edge-SIEM and a pseudo-IVI equipped with xCarbon in an environment simulating an actual vehicle. In the experimental environment, cyber attacks that attempted to steal a vehicle by exploiting a vulnerability in the IVI, entering the vehicle network, and use of unauthorized commands was detected by xCarbon at the intrusion stage and transmitted to Edge-SIEM. The solution was confirmed to be effective in preventing the attack by blocking the transmission of unauthorized commands from the IVI. The three companies aim to commercialize the solution for connected car by 2025.A technical demonstration using the same attack scenario as the demonstration test conducted in August 2022 will be presented at the Trend Micro exhibit booth(10) at the 15th Connected Car Expo, Automotive World, to be held at Tokyo Big Sight from January 25 (Wednesday) to 27 (Friday), 2023.(1) October 19, 2021 announcement regarding the joint development of security solutions for connected cars.(2) During this period, the Division in question had been temporarily transferred to Hitachi, Ltd.(3) SIEM (Security Information and Event Management) centrally manages and analyzes IT equipment logs to detect problematic threats. Edge-SIEM plays the role of SIEM at the periphery (Edge) of the in-vehicle network. At the time of the October 19, 2021 announcement, this intrusion detection system was called an "IDS" (Intrusion Detection System) and it had been further enhanced as the Edge-SIEM.(4) xCarbon is a solution that detects and prevents abnormal communication and unauthorized access.(5) ECU (Electronic Control Unit) is a generic name for a computer that controls the systems built into automobiles using electronic circuits.(6) TCU (Telematics Control Unit) is a communication module that can be connected to mobile communication networks.(7) IVI (In-Vehicle Infotainment) is a device that provides information and entertainment needed by the driver and passengers.(8) Command and control (C&C) servers are command servers that control bot networks for cyber attackers to issue commands to malware and receive stolen information.(9) V-SOC (Vehicle Security Operation Center): An organization that detects and analyzes cyber attacks on vehicles and takes countermeasures.(10) Comprehensive exhibition of Automotive. Trend Micro will be exhibiting and demonstrating its security products for automobiles at the Trend Micro booth in booth #48-7.Background of CollaborationThe importance of cyber security in connected vehicles is growing, as any breach or tampering with vehicle systems can seriously affect vehicle functionality. From UN-R155, an international regulation on cyber security for automobiles established by the World Forum for Harmonization of Vehicle Regulations (WP.29), automobile manufacturers are required to conduct security monitoring for connected cars to detect and respond to cyber attacks. As a result, in Japan, from July 2022, when selling vehicles that support firmware updates via wireless communication, it will be necessary to comply with the law in order to obtain formal certification, and security measures are now mandatory. In addition, it is necessary to reduce the risk of cyber threats entering the connected car by implementing cyber attack countermeasures against points that could be exploited as the starting point of a cyber attack on the connected car or as an attack surface (attack target area) to expand the intrusion.About Hitachi AstemoHitachi Astemo is committed to strengthening its business and delivering technological innovation through a strategic business portfolio that includes a Powertrain & Safety Systems business, Chassis business, Motorcycle business, Software business and Aftermarket business. Aiming for growth driven by "green," "digital," and "innovation," Hitachi Astemo will contribute to a better global environment with highly efficient internal combustion engine systems that reduce emissions; electric systems, and also enhance safety and comfort with autonomous driving systems; advanced driver assistance systems; and advanced chassis systems. Through such advanced mobility solutions, Hitachi Astemo will contribute to realizing a sustainable society and provide enhanced corporate value for its customers.About Trend MicroTrend Micro has been consistently engaged in the cyber security field for more than 30 years since its establishment with the vision of creating a world where digital information can be exchanged securely. As a leader in cyber security, we contribute to the safety of society by continuously providing security solutions that respond quickly to constantly evolving digital technologies and markets. We also make security information obtained through our own research, analysis, and studies widely available to the public, and work with law enforcement agencies such as the FBI and Interpol, as well as international organizations, to promote the elimination of cyber crimes that lurk in society. Trend Micro will continue its efforts to realize a safe and secure society.About VicOneWith a vision to secure the vehicles of tomorrow, VicOne delivers a broad portfolio of cybersecurity software and services for the automotive industry. Purpose-built to address the rigorous needs of automotive manufacturers, VicOne solutions are designed to secure and scale with the specialized demands of the modern vehicle. As a Trend Micro subsidiary, VicOne is powered by a solid foundation in cybersecurity drawn from Trend Micro's 30+ years in the industry, delivering unparalleled automotive protection and deep security insights that enable our customers to build secure as well as smart vehicles. For more information, visit https://www.vicone.com/ Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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Fujitsu showcases new solutions that drive business growth and sustainable outcomes for retailers at NRF 2023 JCN Newswire

Fujitsu showcases new solutions that drive business growth and sustainable outcomes for retailers at NRF 2023

NEW YORK, Jan 13, 2023 - (JCN Newswire via SEAPRWire.com) - Fujitsu will introduce its lineup of retail solutions for a changing world at NRF 2023 - one of the world's leading events for the retail industry. Fujitsu's showcase will emphasize solutions that deliver value in three key areas: Customer experience, Keeping your costs down, and Enabling sustainability goals.Retailers are looking for ways to manage change in an environment that is constantly evolving. Fujitsu's solutions, on-show at NRF 2023 (Booth #4803) from January 15th to January 17th, 2023, reveal a new approach for retailers who are eager to align solving business challenges with their organization's sustainability objectives.Millennials and Generation Z are expected to account for the majority of the working age population by 2030, becoming the majority of the world's consumers. These consumers are highly aware of the need to protect the environment, support ethical business practices and choose experiences that reflect their personal needs and values as well as brand, price, and convenience. To survive and prosper in this new world, organizations need to re-evaluate their consumer approach and re-engineer their enterprise processes and systems, delivering both business growth and sustainability outcomes.For Fujitsu, helping customers meet their SDG-related or sustainability business goals remains a guiding principle in its global offering development and execution.At NRF 2023 Fujitsu will be showing solutions which use technologies including AI, IoT, and blockchain to help shoppers test retailers' compliance with manufacturing and sourcing legislation, improve the time and effort expended in warehouse picking for home delivery, and help to monitor and reduce waste and energy consumption and also protect profit by preventing fraud across retail operations.Richard Clarke, Head of Global Sales, Consumer Industries at Fujitsu Limited, says: "At NRF 2023, Fujitsu's mission is to demonstrate how we enable our clients and end consumers to benefit from change using a combination of composable technologies and services, delivering great experiences and sustainable business outcomes. I encourage all attendees to stop by our booth to see and learn about what is changing at Fujitsu this year."About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
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Soldo Constant Ltd Announces that Eco Mining Solutions Will Purchase Its Reserved Issues of BND Coins Worth More Than $1.5 Million SeaPRwire

Soldo Constant Ltd Announces that Eco Mining Solutions Will Purchase Its Reserved Issues of BND Coins Worth More Than $1.5 Million

Dubai, UAE, December 18, 2022 – (SEAPRWire) – Recently, the Irish company Soldo Constant Ltd announces that it has concluded a preliminary agreement with Eco Mining Solutions, the largest Dubai company for the supply of environmental equipment for mining, on the purchase of its pool of reserved BND coin issue. The transaction also includes the transfer of trademark rights and licensed software. According to the preliminary agreements reached, the transaction amount may amount to $ 1.5 million. In addition, on Tuesday it may be announced that an agreement has been reached on the purchase of 5 innovative IT areas that were developed under the management of Soldo Constant Ltd. Bened is the brand of cryptocurrency produced by Soldo Constant Ltd. About the Bened Hash project, which includes API solutions for fixing chronological events in the blockchain. The preliminary estimate of the value of all assets of Soldo Constant Ltd is 2 million pounds. However, even if the deal is announced on Tuesday, the full amount of the transaction may not be disclosed. Most likely, it will be announced that Eco Mining Solutions will buy all assets at a premium of more than 1 million pounds to their net face value, which will not be announced until the transaction is fully closed, which will happen only after 18 months. The final amount of the transaction will be about 1-1.5 million pounds, although the figure may seriously change by the end of next year. Other companies may join the acquisition of Soldo Constant Ltd. IT experts believe that Soldo Constant Ltd has reached the desired size of its retail business. The company is already represented on 3 continents and provides services to more than 5,000,000 users worldwide. “Today we have reached a final compromise and reached the signing of a bilateral agreement. The offer of the President of the Dubai company Eco Mining Solutions on the acquisition of the reserved issue of BND coins, trademark rights and our licensed software was fully agreed upon at the Board of Directors of Soldo Constant LTD. The parties have no disagreements, at the moment technical specialists are transferring cryptographic keys and server capacities. All systems are operating normally and the operation of all BND systems is under the control of our technical specialists according to the regulations.” said Boris Batalov, Director of Soldo Constant Ltd. “Our business is reaching a new level. The international partners of Eco Mining Solutions have already appreciated the new opportunities that were kindly provided by Soldo Constant Ltd. This transaction will allow both companies to reach new levels of economic development, ” Sergey Kostanich, Director of Eco Mining Solutions, shared his thoughts. For reference. These materials contain statements regarding future events and expectations, which constitute forward-looking estimates. Any statement contained in these materials, which is not information for past reporting periods, is a forward-looking assessment associated with known and unknown risks, uncertainties and other factors, as a result of which actual results, performance indicators or achievements may differ materially from expected results, performance indicators or achievements, directly or indirectly expressed in these forward-looking estimates. Social Links Twitter: https://twitter.com/benedcoin Telegram: https://t.me/benedcrypto Github: https://github.com/BENEDcrypto Media Contact Company: SOLDO CONSTANT LTD Contact: Boris Bataloff Telephone: +44 7360535070 Email: info@bened.cc Website: https://bened.cc/ Address: 41 central Chambers, Dame Court, Dublin 2 SOURCE: SOLDO CONSTANT LTD The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Hitachi Rail provides an update on the schedule regarding the acquisition of Thales’s Ground Transportation Systems business JCN Newswire

Hitachi Rail provides an update on the schedule regarding the acquisition of Thales’s Ground Transportation Systems business

TOKYO, Dec 9, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Rail's planned acquisition of Thales' Ground Transportation Systems (GTS) business was announced in August 2021. Since that time, Hitachi Rail and Thales have been making steady progress towards securing the regulatory approvals necessary for the transaction to proceed, including achieving merger clearances in 9 out of the 13 required jurisdictions. Hitachi Rail is currently in discussion with the European Commission's Directorate-General for Competition (DG Competition) with a view to securing approval of the transaction in the EU.On 9 December, the UK's Competition and Markets Authority (CMA) announced its intention to open a "Phase II" review of the transaction. The parties are reviewing the decision, but as a result it is now likely that the closing of the transaction will occur in the second half of 2023, instead of early 2023.Hitachi Rail and Thales strongly believe in the competitive benefits of the transaction, which will deliver value for customers in the rail signalling and mobility sectors in the UK, Europe and globally. Despite being disappointed by impact of the CMA's decision on the timeline, Hitachi Rail remains committed to working with Thales and all regulatory bodies to ensure the successful close of the transaction as soon as possible.Hitachi RailHitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions. With a presence in 38 countries across three continents and over 12,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. Drawing on the wider Hitachi Group's market-leading technology and research-and-development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society. For more information about Hitachi Rail, visit www.hitachirail.com Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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ExxonMobil, Mitsubishi Heavy Industries Form Carbon Capture Technology Alliance JCN Newswire

ExxonMobil, Mitsubishi Heavy Industries Form Carbon Capture Technology Alliance

TOKYO, Nov 30, 2022 - (JCN Newswire via SEAPRWire.com) - ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI's leading CO2 capture technology as part of ExxonMobil's end-to-end carbon capture and storage (CCS) solution for industrial customers.The joint effort combines ExxonMobil's and MHI's years of expertise in the industry and strengthens the companies' ability to provide customers with solutions that will help advance the energy transition. By working together, the companies will provide industrial customers with the confidence that their CCS projects will be designed, built and executed effectively.The companies have agreed to leverage their combined operating and engineering experience and core science capabilities with the support from The Kansai Electric Power Co., Inc. (KEPCO) to advance carbon capture technologies that could reduce the cost of CO2 capture for heavy-emitting industrial customers. The joint effort will build upon KM CDR Process and Advanced KM CDR Process, developed by MHI and KEPCO, the only liquid amine carbon capture technology commercially demonstrated at greater than 1 million metric tons per year."We're excited to offer our large industrial customers the only complete carbon capture, transportation and storage solution in the market," said Dan Ammann, president of ExxonMobil Low Carbon Solutions. "Adding Mitsubishi Heavy Industries' leading carbon capture technology to ExxonMobil's transportation and storage capabilities enables this compelling offering."ExxonMobil has more than 30 years of experience capturing and transporting CO2 and safely injecting it into geological formations. Mitsubishi Heavy Industries is the world's largest licensor of post-combustion CO2 capture technology and has been developing it for more than three decades. The company's record includes 14 commercial CO2 capture plants already delivered worldwide."Carbon capture and storage technology and innovation are critical to our path to net zero," said Kenji Terasawa, president and CEO, Mitsubishi Heavy Industries Engineering, Ltd. "As an expert in advanced engineering, MHI is committed to leading the way in achieving decarbonization goals through strategic collaboration and investments in new technologies. We look forward to partnering with ExxonMobil to continue advancing carbon capture technologies to provide essential carbon neutrality solutions for various industries."ExxonMobil and MHI have worked together to build world-scale petrochemical plants over the past two decades in Baytown, Corpus Christi and Singapore. This CCS partnership continues the companies' commitment to developing solutions for the energy transition on their paths to net zero.MHI Group declared "MISSION NET ZERO" last year and is committed to building an innovative solutions ecosystem to realize a carbon-neutral future and achieve its net zero ambitions within its own operations by 2040. This includes strengthening its decarbonization technology offerings, such as developing a CCUS (Carbon Capture, Utilization and Storage) value chain and advancing hydrogen solutions.ExxonMobil Low Carbon Solutions is working to bring lower-emission technologies to market, making them accessible to hard-to-decarbonize industries, including its recent agreement with a leading global manufacturer of nitrogen and hydrogen products in Louisiana. It is focusing its carbon capture and storage efforts on point-source emissions, the process of capturing CO2 from industrial activity that would otherwise be released into the atmosphere. Once captured, the CO2 is injected into deep, underground geologic formations for safe, secure and permanent storage.About ExxonMobilExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society's evolving needs.The corporation's primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world. To learn more, visit exxonmobil.com and the Energy Factor. Follow us on Twitter and LinkedIn.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.Cautionary Statement: Statements of future events, investments, or partnerships in this release are forward-looking statements. Actual future results, including project plans, partner participation, timing, capacities, and costs could vary depending on the ability to execute operational objectives on a timely and successful basis; implementation of government frameworks and permitting for carbon capture and storage and other lower-emission technologies; timely completion of construction projects; commercial and consumer interest in lower-emissions opportunities; changes in plans or objectives prior to final funding decisions or project startups; unforeseen technical or operational difficulties; and other market factors. Any forward-looking statement speaks only as of the date of this press release and the companies named herein disclaim any obligation to update any forward-looking statement. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Pertamina turns to nature-based solutions to balance climate, energy ACN Newswire

Pertamina turns to nature-based solutions to balance climate, energy

JAKARTA, Nov 11, 2022 - (ACN Newswire via SEAPRWire.com) - State-owned energy company PT Pertamina has prepared some strategies to balance climate resilience and energy security, which include the development of nature-based solutions.Pavilion Indonesia at COP27 UNFCCC, Sharm El Sheikh, Egypt (7/11/2022) (ANTARA FOTO/Saptono/aww)Senior Vice President of Research Technology and Innovation at Pertamina Oki Muraza conveyed this information during a discussion at the Indonesian Pavilion on the sidelines of COP27 in Sharm el-Sheikh, Egypt, on Wednesday (November 9, 2022).During the discussion, Muraza said that Pertamina has declared its commitment to achieving net-zero emissions by 2060, and the commitment is in line with the emission reduction policy promoted by the Indonesian government.As part of the commitment, Pertamina is implementing two main strategies: decarbonizing all of its current businesses and building new businesses based on green and sustainable principles.The decarbonization measures taken by the company have included pushing energy efficiency, zero-flare oil and gas activities, and carbon capture and utilization."Some other measures include increasing green electricity in Indonesia, building the electric vehicle ecosystem, and developing nature-based solutions," Muraza added.He further explained that the nature-based solution policy itself is not something new to Pertamina. However, synergy is needed between nature-based solutions and the energy sector, and both should go hand-in-hand.Nature-based solutions involve short- and medium-term policies that can support the acceleration of climate technology implementation, which is a long-term policy.According to Pertamina, those solutions need to be considered while designing carbon mitigation strategies."So, we have to not only be able to capture carbon dioxide with natural plants, but also produce something... including rubber and renewable hydrocarbon products. In the end, we expect to have other products from nature-based solutions," Muraza said.He highlighted three pillars that need to be considered in the development of nature-based solutions for realizing business resilience amid the challenges posed by climate change. The three pillars are community involvement, biodiversity and conservation, and sustainable economy.In line with these, some vegetations that have potential as nature-based solutions, such as Calophyllum inophyllum and Pongamia pinnata, have been developed since they are beneficial for biofuel development.In addition, the company believes that the development of the mangrove ecosystem can also be a nature-based solution because it could help absorb 264 tons of CO2 per hectare."We have conducted several studies with universities and government institutions on how to promote crops that can provide raw material stocks for green refineries," Muraza said.He also outlined several initiatives, for instance, capturing methane gas, which can be used for power generation and other purposes, for example, as compressed natural gas.In addition, the energy company is also developing other initiatives, including processing liquid waste into biomethane and solid biomass waste into ethanol.Some more initiatives undertaken by Pertamina are the establishment of Carbon Capture and Storage (CCS) centers on the islands of Java, Sumatra, and Kalimantan as well as the development of geothermal utilization in Indonesia.Contact: Brahmantya Satyamurti Poerwadi, Corporate Secretary, PT Pertamina (Persero)Email: pcc135@pertamina.com, URL: https://www.pertamina.comWritten by: Yuni Arisandy Sinaga, Editor: Fardah Assegaf (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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MHI and Indonesia Power Jointly Investigate Co-Firing with Hydrogen, Biomass and Ammonia in Power Plants Across Indonesia JCN Newswire

MHI and Indonesia Power Jointly Investigate Co-Firing with Hydrogen, Biomass and Ammonia in Power Plants Across Indonesia

TOKYO, Nov 2, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI), and PT. PLN Indonesia Power, a sub-holding of Indonesia's state-owned electricity provider PT. PLN (Persero) (PLN), yesterday concluded a Memorandum of Understanding (MoU) to commence three feasibility studies on co-firing less carbon intensive fuels at power plants owned and operated by Indonesia Power. The three studies will be conducted jointly by Indonesia Power and MHI with support from its power solutions brand, Mitsubishi Power, and will aid in the advancement of solutions to accelerate the decarbonization of energy systems in Indonesia.The first study will examine the technical and economic feasibility of co-firing up to 100% biomass at the Suralaya coal-fired power plant (CFPP). The study will consider various aspects of the biomass supply chain, including handling, storage, transport and boiler modification.The second study, which will also use Suralaya CFPP as the reference plant, will investigate co-firing of ammonia produced by existing ammonia plants in Indonesia. A particular area of focus will be the potential to establish a blue ammonia supply chain with production and transportation from the ammonia plant and ammonia co-firing technology to apply in existing boiler.The third study will evaluate technical and economic feasibility of hydrogen co-firing in an M701F gas turbine at the Tanjung Priok gas turbine combined cycle (GTCC) facility. MHI completed construction of the plant's Unit 2 GTCC system in 2019 as part of PLN's plans to build an 880 MW plant under the Jawa-2 Project.The MoU was inked at an Energy Transition Day event organized by Indonesia's PLN Group on November 1, 2022. The event included discussions of initiatives and recommendations to achieve Indonesia's commitment of reaching net zero emissions by 2060, with over 250 industry professionals, government representatives and business leaders in attendance.Osamu Ono, Senior Vice President, Chief Regional Officer, Asia Pacific & India, MHI, said: "For over 50 years, MHI and its power solutions brand Mitsubishi Power have helped evolve Indonesia's energy landscape, playing major roles in significant energy projects across the country. This new agreement with Indonesia Power will not only enhance the reliability and efficiency of existing facilities, including the Tanjung Priok plant we helped build, but also explore innovative solutions imperative to achieving urgent environmental sustainability goals while delivering on the country's critical energy needs."Edwin Nugraha Putra, President Director, PT PLN Indonesia Power, said: "We are pleased to deepen our partnership with MHI to enable greater adoption of renewable energy and cleaner fuels, thus helping to achieve a sustainable energy transition in Indonesia. This new agreement underscores our commitment to support the continued development and decarbonization of the country's energy sector."This new MoU builds on strong existing cooperation between MHI and PLN in Indonesia. Since 1971, MHI's power solutions brand Mitsubishi Power has been supporting PLN and Indonesia Power with solutions for power plants across the country, including the Tanjung Priok, Suralaya and Grati power plants. More recently, in March this year, MHI and PLN, together with Institut Teknologi Bandung, prepared a joint proposal on biomass co-firing adoption at Indonesia's thermal power plants and presented their findings to the national government.Through this MoU and other ongoing initiatives, MHI, with support from Mitsubishi Power, will work to help the country achieve its Net Zero Emission 2060 target.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Trintech Expands Partner Program with the Launch of Adra Partner Accreditation ACN Newswire

Trintech Expands Partner Program with the Launch of Adra Partner Accreditation

DALLAS, TX, Nov 1, 2022 - (ACN Newswire via SEAPRWire.com) - Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced the expansion of its partner offerings with the launch of its Adra Partner Accreditation Program. This new program builds upon the already extensive training offerings within the Trintech Partner Success Center, a training and accreditation platform designed to empower Trintech partners to advance their knowledge of its portfolio of financial solutions, including Cadency (for large enterprises) and Adra (for mid-market organizations)."The demand for reconciliation and financial close automation solutions continue to rise as organizations around the world look to reduce costs, drive efficiencies and mitigate risk across their financial close processes," said Mekaela Davis, VP, Partner Ecosystem Success & Global Advisory at Trintech. "As the Office of Finance has evolved in recent years, so too has the partner ecosystem that works together to provide a holistic business vision and strategy. Together, Trintech and our Partners share a common goal in helping Finance & Accounting teams solve these challenges which is why we are committed to providing our partners with the necessary resources to deepen their product knowledge to better meet the needs of our customers."Over the past year, Trintech has seen a 315% increase in Partner Training consumption within the Trintech Partner Success Center by Global Advisory & Consulting firms, Global System Integrators, and in-region specific consulting partners. The Trintech Partner Success Center offers comprehensive online, NASBA-certified courses that provide training for all partner skill levels and roles including sales, pre-sales, and implementation. The eLearning curriculum is just one way Trintech Partners can effectively build knowledge while adopting best practices with its' solutions. Trintech's Partner Enablement team also provides "Office Hours" twice a week, which encourages regular dialogue to build upon Trintech's training and certification programs and allows Partners to collaborate 1:1 with Trintech team members. Monthly training webinars also provide opportunities to dive deep into product features so partners can continually adopt additional functionality and drive toward optimization.Over 3,500 clients across industries such as, retail, food and beverage, financial services, insurance, manufacturing, and software rely on Trintech's solutions to increase their efficiency and effectiveness, reduce costs, and improve governance and transparency across their finance and accounting processes. When you partner with Trintech, you are not getting a 'one-size-fits-all' approach. You are getting a complete solution, designed for the customers' unique needs, and a team of experienced professionals who will work hands-on to achieve fruitful partnerships underscored by successful client outcomes. Interested in becoming a Trintech Partner? Learn more here. https://www.trintech.com/about/partners/become-a-partner/Trintech, Inc., is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org.About TrintechTrintech Inc., a pioneer of financial corporate performance management software, combines 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 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. Trintech's excellence in both innovation and client support have been recognized with a variety of awards over the years including most recently "Easiest to Do Business With" and "Fastest Implementation" in G2's Fall 2022 Report. 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, Germany, Ireland, the Netherlands, and the Nordic countries, as well as strategic partners in South Africa, Latin America, and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.Media Contact:Kelli ShoevlinSr. Manager, Global Corporate Marketing & Communicationskelli.shoevlin@trintech.comSOURCE: Trintech, Inc. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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SOLDO CONSTANT LTD and Eco Mining Solutions Enters into an Agreement to Complete the Transaction on the Hard Mining Bened (BND) Project SeaPRwire

SOLDO CONSTANT LTD and Eco Mining Solutions Enters into an Agreement to Complete the Transaction on the Hard Mining Bened (BND) Project

New York, NY, October 19, 2022 – (SEAPRWire) – the leaders of the international concerns SOLDO CONSTANT LTD and Eco Mining Solutions have signed an agreement to complete the transaction on the Hard Mining Bened (BND) project. Boris Batalov and Sergey Kostanich signed the final agreements and sealed the contract with a handshake. According to the press service of Soldo Constant, all the conditions necessary for the completion of transactions have been fulfilled on both sides. It is noted that the agreement was signed within the framework of the VII Eastern Economic Forum. The video of the signing is posted on the official YouTube channel of Eco Mining Solutions. The companies announced the completion of the formation of organizational structures of cooperation, as well as the signing of all final agreements, and the fulfillment of all conditions necessary for the implementation of the international Hard Mining Bened project within the framework of the Strategic Cooperation Agreement concluded in 2021, which, in addition to the joint development of BND coin mining, provides for the exchange of technologies and personnel, as well as the participation of SOLDO CONSTANT LTD participates in international projects of Eco Mining Solutions. Boris Batalov, Director of SOLDO CONSTANT LTD, made the following statement at a briefing on the signing of the contract: “I thank Eco Mining Solutions for becoming one of our first strategic partners! It is especially pleasant that you have imbued yourself with the idea of our anti-poverty ideas and our IT developments. According to our roadmap, we are building a network of nodes that will be able to ensure the operation of a decentralized repository of world events. The Benedhash application is the world’s first public blockchain storage, the use of which is required in many areas of the real economy. Already in 2024, we will release an application for free access, which notaries will be able to use – to duplicate registers with signatures of participants, emergency commissioners – to photograph accidents with instant uploading of incident photos to the blockchain, lawyers – to sign contracts with the possibility of publicly requesting data from the Bened blockchain. And many other users around the world.” For reference. Thanks to the signed agreement, the opportunities for mining BND coins using Hard Mining Bened technology have doubled. Previously, using Soft Mining technology, users could mine 1% per day of the account balance. Hard Mining technology can already guarantee users 2% BND per day, all rights to this technology belong to Eco Mining Solutions. These materials contain statements regarding future events and expectations, which constitute forward-looking estimates. Any statement contained in these materials, which is not information for past reporting periods, is a forward-looking assessment associated with known and unknown risks, uncertainties and other factors, as a result of which actual results, performance indicators or achievements may differ materially from expected results, performance indicators or achievements, directly or indirectly expressed in these forward-looking estimates. Social Links Twitter: https://twitter.com/benedcoin Telegram: https://t.me/benedcrypto Github: https://github.com/BENEDcrypto Media Contact SOLDO CONSTANT LTD Boris Bataloff Address: 41 central Chambers, Dame Court, Dublin 2. tel +44 7360535070 info@bened.cc https://bened.cc/ SOURCE: SOLDO CONSTANT LTD The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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InfoComm Southeast Asia Back In-person ACN Newswire

InfoComm Southeast Asia Back In-person

BANGKOK, Oct 14, 2022 - (ACN Newswire via SEAPRWire.com) - InfoComm Southeast Asia which debuted in 2019 was a huge success. Now, after the Covid-resultant pause, the Show is back - as an in-person show, with access to new pre-show planning and engagement tools that will enhance the visitor experience. InfoComm Southeast Asia 2022 will take place from 2 to 4 November at the Bangkok International Trade and Exhibition Centre (BITEC). InfoComm Southeast Asia is the region's premier Professional AudioVisual (Pro-AV) and Transformative Technology tradeshow, featuring trailblazing international and local solution providers. Powerful solutions on show and insightful learning sessions cater to a spectrum of industries, including the government sectors of transportation, public security and defense, education, healthcare, hospitality, retail, and others.The Show specially caters to AV industry players as well as embedded technology decision-makers and business end-users. For these stakeholders who are serious about transforming their organization and growing their business in and beyond the post-pandemic landscape, this is a show not to be missed."After the 2-year hiatus due to the global pandemic, InfoComm Southeast Asia is happy to once again bring together Pro-AV technology providers and business users; technology experts, industry leaders and open minds ready to learn," said Richard Tan, Executive Director of InfoCommAsia. "Much has changed in terms of available tech-enhanced solutions and marketplace needs and trends. So, besides the opportunity for all stakeholders to reconnect face-to-face, InfoComm Southeast Asia 2022 is going to be an exciting space for visitors and delegates as they get up close and personal with exhibitors and experts - the drivers of tomorrow's technology and solutions. The Show is the place to seek out the most advanced Pro-AV ideas to-date, to create and deliver an exceptional customer experience in an increasingly hybrid world."THE EXHIBITIONTransformative Solutions for All IndustriesThe world has just begun to emerge from a painful yet revitalizing lesson. It has learnt the urgency of technology adoption and the importance of constant upgrading along with technological evolution, to be future-ready and disruption-proof. Increased technology implementation and integration lead to greater reliance on artificial intelligence (AI) to mitigate the consequent increase in security risks. This reality is already fast unfolding, driven by Pro-AV technologies, making InfoComm Southeast Asia an important show for AV and IT professionals and business decision-makers.InfoComm Southeast Asia is where entrepreneurs, business leaders and technical professionals will discover the latest Pro-AV solutions that are transforming every industry. More than 130 exhibiting companies from over 20 participating countries will gather under one roof to showcase their innovations for the post-pandemic marketplace. These include brands like Epson, Lenovo, Microsoft, Panasonic, Philips, and more. Visitors can expect to see:- Large screen, projection mapping, AR/VR solutions for live events, museums, education and simulation training - Security, flood and surveillance monitoring systems for network operations centers - Control and automation solutions for smart city management - Room automation and centralized systems for smart homes and offices - Collaborative conferencing systems for in-person and hybrid meetings - Smart classrooms - Digital signage and display solutions for advertising and information - Virtual and hybrid learning solutions...and moreDISCOVER SOLUTIONS WITH vBOOTH Pre-Show Engagement for Better Show ExperienceTo enhance show experience for visitors, InfoComm Southeast Asia has introduced facilitative tools on the Show website. These tools will allow solution-seekers to identify exhibitors that have those solutions, and connect with them.- An intuitive business matching system instantaneously presents visitors with a list of exhibitors, based on their industry and the solutions they seek.- vBooth gives every exhibitor a dedicated page online, where visitors can explore the exhibitor's solutions via multimedia presentations. Information will include the exhibitor's range of solutions as well as products and solutions being presented at the Show.- Business card drop facility lets visitors leave their details for callback by exhibitors, and appointment scheduler allows visitors to pre-arrange meet-ups with exhibitors at the Show. All these will help visitors organize their visit way before the Show begins. Fully-utilised, visitors can look forward to a productive time at InfoComm Southeast Asia 2022. THE SUMMITInsights into Developments and Trends for Informed Business DecisionsConcurrent to an exciting show floor is the InfoComm Southeast Asia 2022 Summit line-up. Multiple conference tracks cater to different industries and learner profiles. Delegates can look forward to more than 30 free-to-attend learning sessions in the form of keynotes, panel discussion and case studies.Tracks for Vertical Market Solution-seekers and AV Professionals - The two-day NIXT Summit focuses on end-to-end emerging tech solutions for businesses. Sessions delve into the successes and challenges of digital transformation practices in industries and enterprises.Tracks for AV Professionals and Technology Decision-makers- AVIXA Seminars help AV professionals stay in touch with technical updates, industry practices and trends across various industries and application scenarios.- Asia AV Leaders Connect (By invite-only) gathers the AV industry's C-suite and directorate leaders across Asia for the exchange of intelligence; discussions on geopolitical and economic concerns as well as emerging technology trends and disruptions; and identification of growth opportunities.- AV Managers Day sessions are designed for mid-level AV managers and use real-life case studies to delve into AV project challenges and how to overcome them.There is also the AV Technical Tour which offers an opportunity to see Pro-AV solutions in situ. The "Smart Traffic Systems -- Expressway Traffic Management Centre and Control Rooms" tour will take delegates into the very heart of command and control scenarios, where condition monitoring, situational management, emergency response, etc are critical. Visitors can learn how advanced technologies and control systems enable the Expressway Authority of Thailand to effectively and efficiently provide the best experience for expressway users.For the full Summit line-up and latest updates, please visit the official Show website at www.infocomm-sea.com.REGISTRATION IS OPENAdmission to Exhibition and Summit is FreeInfoComm Southeast Asia 2022 will be at BITEC from 2-4 November (Days 1 and 2: 10am - 6pm; Day 3: 10am - 4pm local time). Visitors can register to visit the Show at www.infocomm-sea.com. Admission is free.About InfoCommAsiaInfoCommAsia Pte. Ltd. is the region's preeminent organizer of tradeshows for the Professional AudioVisual (Pro-AV) and Transformative Solutions industries. Through industry-leading shows in China, India and Southeast Asia, InfoCommAsia connects global and regional solution providers, vertical market end-users and the supply chain with the most important markets of Asia Pacific. Additional information is available at: infocomm-china.com | nixt-china.com | infocomm-india.com | infocomm-sea.com For more information, please contact: Rest of the WorldAngie EngMarketing DirectorInfoCommAsia Pte Ltdangieeng@infocommasia.comThailandKanokwan Sukchaisri Managing Director Expo Inter Co., Ltd kanokwan.infocommasia@expointer.net Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Olympus EU-ME3 Ultrasound Processor Delivers Higher Resolution Images for Endoscopic Ultrasound JCN Newswire

Olympus EU-ME3 Ultrasound Processor Delivers Higher Resolution Images for Endoscopic Ultrasound

TOKYO & HAMBURG, Oct 7, 2022 - (JCN Newswire via SEAPRWire.com) - Olympus Corporation (Olympus), a global medtech company committed to making people's lives healthier, safer and more fulfilling, today announced the launch of EU-ME3, a new Endoscopic Ultrasound Processor*, which addresses the needs of healthcare professionals for high-quality clear images when conducting the endoscopic ultrasound procedure. EU-ME3 will be launched in Europe, the Middle East, Africa, parts of Asia, and Oceania within this fiscal year. EU-ME3 will be exhibited during The 30th United European Gastroenterology Week (UEG Week) from October 8 to 11.Olympus announces the global launch of the EVIS EUS Endoscopic Ultrasound Center EU-ME3. [Image: Olympus Corp]As a pioneer in endoscopic ultrasound technology, Olympus aims to leverage its expertise to enhance the care pathway in gastrointestinal and respiratory disease management. The technology is used for endoscopic ultrasonography (EUS) imaging to support the diagnosis of lesions in the pancreas, the bile ducts, or lesions that are located deep inside the body and are not visible with gastrointestinal endoscopes. In addition, the technology enhances the detailed examination of pancreatitis, pancreatic cancer, and the diagnosis of cancer invasion in the stomach and the esophagus. Endoscopic ultrasound also plays a key role in facilitating the visualization of endobronchial ultrasound-guided transbronchial needle aspiration (EBUS-TBNA) for early, minimally invasive diagnosis and lung cancer staging."It is said that pancreatic cancer is difficult to be detected in its early stages, and that lung cancer has the highest mortality rate among all cancers. With the launch of the EU-ME3, Olympus aims to enhance the standard of care including these diseases and to further improve the quality of life of patients," said Hironobu Kawano, Head of Endoscopic Solutions Division at Olympus.Advancing the dimensions of EndosonographyWith the needs of healthcare professionals and patient outcomes at the core, EU-ME3 is tailored to improve a variety of procedures.Enhanced visualization and usabilityEU-ME3 provides outstanding image quality and functionality - the image quality has been substantially enhanced compared to the prior generation model (EU-ME2), providing enhanced visualization, and therefore supporting more reliable diagnosis and treatment. Shear Wave Quantification, a newly equipped feature for EU-ME3, also contributes to accurate diagnosis by providing quantitative information on the stiffness of tumor and inflamed lesions, which is an important factor when diagnosing a degree of pancreatitis and malignancy of pancreatic cancer during endoscopic ultrasonography.Focus on the procedure with tailored technologyThe Endoscopic ultrasound procedure typically utilizes a variety of observation modes dependent on procedure type or clinical area. Subsequently, in addition to the basic observation mode, EU-ME3 offers multiple software options for individual clinical needs, aiming to stay flexible in the selection of functions and tailor EU-ME3 depending on specialty. Smart and customizable user settings make it easy to fulfil needs for multiple specialties and personal requirements. The backlit keyboard includes a simple, easy-to-use large touch panel and trackpad, designed to support better operability and easier cleaning.With EU-ME3, the aim is to provide seamless workflow integration for our partners while advancing the dimensions of endosonography for better overall patient outcome.About OlympusIn its Endoscopic Solutions business, Olympus uses innovative capabilities in medical technology, therapeutic intervention and precision manufacturing to help healthcare professionals deliver diagnostic, therapeutic and minimally invasive procedures to improve clinical outcomes, reduce overall costs and enhance the quality of life for patients. Starting with the world's first gastrocamera in 1950, Olympus' Endoscopic Solutions portfolio has grown to include endoscopes, laparoscopes, and video imaging systems, digital and integrated customer solutions, as well as solutions for infection prevention. For more information, visit www.olympus-global.com and follow our global Twitter account: @Olympus_Corp.Media ContactsNao Tsukamoto - Global-Public_Relations@olympus.comJessica Lee - Jessica.yy.lee@fleishman.com* Registered name: EVIS EUS ENDOSCOPIC ULTRASOUND CENTER OLYMPUS EU-ME3. EU-ME3 is manufactured by Olympus Medical Systems Corporation.* Note: Products or devices presented include future technology which may be pending regional regulatory approval and are not available for sale in all regions.Olympus Corp [TYO: 7733] [ADR: OCPNY] [GDR: OLYs] https://www.olympus-global.com Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Gradiant, Global Water Solutions Provider, Expands Australia Presence and Capabilities ACN Newswire

Gradiant, Global Water Solutions Provider, Expands Australia Presence and Capabilities

New Offices in Adelaide and Perth, and ISO Certification Australia-WideSYDNEY, AU, Oct 4, 2022 - (ACN Newswire via SEAPRWire.com) - Gradiant, a leading global water solutions provider, announced new milestones in Australia to execute its strategy to deploy its award-winning sustainable solutions in advanced water and wastewater into the Australia and New Zealand region. Two new offices have been established in Adelaide and Perth to complement Gradiant's regional headquarters in Sydney. International Organization for Standardization (ISO) certification has been issued for all three office locations.Gradiant's Adelaide, South Australia office is focused on delivery of the SmartOpsTM digital platform of asset performance optimization solutions for industrial end-users. The team works in collaboration with the global technology labs in Singapore and Boston, United States, to ensure customers' needs are best met in the local market. The Perth, Western Australia office serves the mining sector and Water Corporation, the principal supplier of water and wastewater throughout the state."Our expanding presence in Australia will help accelerate the adoption of Gradiant's solutions to lower the total water cost of our industrial and municipal clients and bring sustainability into their operations and supply chains," said Govind Alagappan, President of Global Operations for Gradiant. "Australia is a highly developed economy with critical need for our solutions in mining and advanced manufacturing. The country is vast in size, where the opening of our new offices in South Australia and Western Australia will best serve our local customers."ISO certifications were achieved for all Australia office locations. The certifications demonstrate Gradiant's commitment to quality, environment, and health & safety, and allow Gradiant to participate in large projects for its industrial and municipal client base. The certifications include:ISO 9001-2016: Quality Management SystemsISO 14001-2016: Environmental Management SystemsISO 45001-2018: Occupational Health and Safety Management Systems"The ISO certifications demonstrate to our growing base of customers in the region that Gradiant is a trusted and certified provider of water solutions in the local market," Govind Alagappan said. "We strive for excellence in the work that we deliver. These certifications allow us to bring the best outcomes to our projects by ensuring quality, environmental, and health & safety standards are met for our customers and stakeholders."Gradiant entered the Australia market in 2020 with the acquisition of CRS Water, an Australian business with 25 years of experience in the design, construction, and operations & maintenance of facilities in the local market. Since then, Gradiant has grown the team by 200%, where today, 45 expert engineers and staff are in-country to serve our local clients. Revenue has increased by three times during this same period. Gradiant's main Australia office is in Sydney, New South Wales.Gradiant, a 2022 "Water Technology Company of the Year" by Global Water Intelligence and 2022 "Great Place to Work," is growing its teams throughout Australia. Open positions may be found on Gradiant's Careers page.About GradiantGradiant is a global solutions provider for advanced water and wastewater treatment. With a full suite of differentiated and proprietary end-to-end solutions, powered by the top minds in water, Gradiant serves its clients' mission-critical operations in the world's essential industries. Gradiant was founded at the Massachusetts Institute of Technology (MIT) and is uniquely positioned to address the world's increasing challenges created by industrialization, population growth, and water stress. Today, with over 450 employees, Gradiant operates from its global headquarters in Boston, regional headquarters and global technology labs in Singapore, and offices across twelve countries. For more information, please visit www.gradiant.com.Corporate Contact:Felix WangGradiant, VP of Marketingfwang@gradiant.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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NEC and Red Hat Expand Global Collaboration to Drive IT Modernization and Digital Transformation JCN Newswire

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

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

NEC Launches North American Innovation Hub for Open RAN

TOKYO, Sep 28, 2022 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) has created a North American 5G innovation unit in New Providence, New Jersey, to expand product development and cater to the growing global demand for Open RAN solutions. The new entity, NEC Advanced Networks, was born out of the company's recent acquisition of Blue Danube Systems, Inc., and provides a critical base of operations for the company's product innovations and solutions delivery activities.NEC Advanced Networks is led by Rahul Chandra, a longtime technology and business development leader in the telecommunications industry. "We know that the demand for Open RAN-compliant networks and solutions is going to continue growing," Chandra said. "We have aggressive plans to deliver Open RAN solutions all over the world - and bulking up our presence in North America helps customers by increasing our footprint in the Western Hemisphere and expanding our reach by leveraging the robust talent pool at our disposal."Using the former Blue Danube resources to create a center of innovation and product development is an important advancement as NEC continues its push for Open RAN 5G solutions built on multi-vendor ecosystems. NEC Advanced Networks will drive developments in the Radio Unit business, at first, with a focus on spectrum optimization and AI/ML-based massive MIMO products. These are areas of significant expertise within the existing team. This hub expands NEC's capabilities and will be a focal point for future expansion as the market matures.Chandra continued, "Adding resources in the Eastern US helps us serve our customers better and work closely with our ecosystem partners. It also provides us a stable platform to build from as demand for Open RAN-compliant products and solutions grows exponentially over the coming years."Mayuko Tatewaki, NEC's senior vice president for 5G strategy and business, said, "NEC aims to be a global leader in Open RAN 5G and we've recently made significant progress, building off several important project wins with Tier 1 operators in Europe, including key achievements with Orange and VMO2."Tatewaki continued, "As the Open RAN market rapidly grows, we need to expand our presence to achieve global goals. The industry shift to Open RAN is a large undertaking - given our focus on providing solutions and system integration services, creating a home base for Open RAN 5G resources in the US will help us better serve the global market."About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Innovative Fintech Start-up KPay completes US$10 million financing ACN Newswire

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

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

Innovative fintech company service provider KPay completes US$10 million financing

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