Media Africa 247: June 2018

Saturday, June 30, 2018

millionairemansion.co.uk Offer British Mansion in the First Global Competition to Win a Luxury Home

LONDON -Tuesday 26 June 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- millionairemansion.co.uk are opening their competition to win a 2.3million pound UK mansion to participants around the world making it the first global luxury house competition. The country mansion is in Devon, England, 2 hours drive from London and only 25 minutes from the beautiful and historic Devonshire coast.

The mansion comes with all the contents and furnishings, indoor swimming pool, gym, three-hole golf course, 10-acres of grounds, four-car garage and a separate apartment with its own private garden. The prize also includes £50,000 in cash, a Rolls Royce, the UK Stamp Duty Tax paid and the services of a housekeeper and gardener paid for a year. The winner can live in the house, rent or sell it. The current owners will even help sell the luxury property for them.

On the ground floor the mansion features double entrance doors leading into a large hall, a drawing room, kitchen, dining room, library, study, breakfast room, bar and double doors on to an entertaining terrace and barbecue area, with steps down to a garden area. The basement has a wine cellar, utility room, drying room and storage rooms.

Upstairs there are four large en-suite bedrooms. The master suite has its own sitting area, dressing room and French doors opening on to a balcony.

The property is fully secured with electric gates, closed circuit television and alarm systems.

It is believed to be the first time that a house can be won in a global online competition, at millionairemansion.co.uk, in nearly every country across the world.*

The self made couple who own the home, who wish to remain anonymous, have been married and working in business together for 45 years. They are donating 20 per cent of the competition proceeds to charity.

They said: “Our passion is to give others a helping hand after we were supported by our first employer when we started in business. We have many happy family memories, but now want to use the home to help some wonderful charities and give someone the chance to become an instant millionaire. It’s lovely to think that somewhere in the world someone will wake up a millionaire, winning what is a very British mansion in one of the most beautiful parts of England.”

As well as the main Millionaire Mansion prize, there are nine £10,000 runner-up prizes.

Tickets are £10, plus 50 pence booking fee per transaction. For a chance of winning, entrants, who most be at least 18 years old, need to buy a ticket at millionairemansion.co.uk and successfully answer a multiple-choice question.

The millionairemansion.co.uk competition runs until November 30, 2018. A maximum of 1 million tickets are available.

Notes to editors

*Residents of Northern Ireland, EU countries apart from Britain, and countries where such competitions are not permitted by their own laws cannot enter. Competition terms and conditions apply https://millionairemansion.co.uk/terms-and-conditions/

The competition is operated by a company set up by the owners, Ogilvie Promotions, https://www.ogilviepromotions.co.uk/ (Registered in England: Number 11028385). Winners will be picked at random by a computer using an algorithm, which will be overseen by an independent legal team. The winners will be notified within three days of the competition closing date.

The charities to benefit are Make a Wish UK, Demelza, British Red Cross, Global’s Make Some Noise, Help for Heroes, Elizabeth’s Legacy of Hope, Edna Adan Foundation, Balloons Devon, Marine Conservation Society, Over the Wall and Farms For City Children.

Contacts

Astley Media
Dan Pritchard
00 (44) 1392 267394
dan.pritchard@astleymedia.co.uk

Permalink : http://aetoswire.com/news/millionairemansioncouk-offer-british-mansion-in-the-first-global-competition-to-win-a-luxury-home/en

Visa Data Shows One Fifth of Purchases at 2018 FIFA World CupTM Use Contactless Technology

In the tournament’s first five days, fans from the United States are the biggest foreign spenders, followed by China and Mexico respectively

MOSCOW-Saturday 30 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Visa (NYSE: V), the Official Payment Services Partner of FIFA, today released an analysis of foreign travellers’ spending during opening days of 2018 FIFA World Cup™. The results found that in the 11 Russian host cities of the tournament, approximately one in every five (17 percent) purchases with Visa used contactless payment technology, including smartphones, bracelets and rings. In the stadiums themselves, the share of contactless payments was 54 percent, inclusive of purchases made by fans from Russia and abroad.

On average, across the 11 host cities, Visa cardholders spent 3,575 rubles (approximately $56.65)1 per transaction, with fans from the United States spending the most – followed by China and Mexico in second and third, respectively.

“Many of the international visitors attending this summer’s tournament have never been to Russia before and we’re excited to be providing them with the ultimate tournament experience, powered by the speed and ease of Visa’s digital payments, which are increasingly happening on contactless cards, devices and wearables,” said Ekaterina Petelina, country manager, Visa Russia. “In the stadiums particularly, fans are using contactless payment technology to speed through the lines and quickly get back to the action on the pitch.”

Spending by Host City

The five host cities that saw the highest amount of tourist spending2 - both in and out of stadium - were as follows:

Moscow: 1.7 billion rubles ($26.9 million)
St. Petersburg: 506 million rubles ($8 million)
Sochi: 104 million rubles ($1.6 million)
Kazan: 71 million rubles ($1.1 million)
Ekaterinburg: 48 million rubles ($760,800)
The largest average individual purchases were seen in the following categories:

Luxury goods: 23,000 rubles ($364.55)
Lodging: 15,000 rubles ($237.75)
Fashion: 8,000 rubles ($126.86)
Overall, a majority of purchases in host cities fell into the lodging, fashion and restaurant categories.

In-Stadium Spending

Luzhniki Stadium led all venues for total number of payment transactions, where fans spent 139 million rubles ($2.2 million) - of which 71 million rubles ($1.12 million) came from non-Russian citizens and 68 million rubles ($1.1 million) from Russian citizens.

The opening match between Russia and Saudi Arabia on June 14 -- where fans from 123 countries filled the stadium -- saw the highest volume of payment transactions. The June 17 match between Germany and Mexico saw the second highest volume of transactions. The average in-stadium transaction amount for all matches during the first five days of tournament play was 1,682 rubles ($26.66).

Additionally, Russian fans made twice the amount of transactions for food and drinks compared to non-Russian fans, however, the average per-transaction amount for non-Russian attendees was 1.5 times higher than Russian purchases in those categories.

Cashless from Kick-off to the Final Match

For the 2018 FIFA World Cup Russia™, Visa is the exclusive payment service in all stadiums where payment cards are accepted. In-stadium, fans can pay with contactless Visa credit and debit cards and mobile payment services at the more than 3,500 point-of-sale terminals and 1,000 mobile concessionaires that have been equipped with the latest in payment innovation.

About Visa

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visacorporate.tumblr.com and @VisaNews.

1 Transactions wVisa Data Shows One Fifth of Purchases at 2018 FIFA World CupTM Use Contactless Technology
e analyzed on Visa cards issued by foreign banks, which were made in 11 host cities of the 2018 FIFA World Cup™ for the period from June 14 to 18, 2018, inclusive.

2 Tourist spending defined as transactions on Visa cards issued by foreign (non-Russian) banks

View source version on businesswire.com: https://www.businesswire.com/news/home/20180628006002/en/

Contacts
Visa Inc.
Sheerin Salimi
shesalim@visa.com

http://aetoswire.com/news/visa-data-shows-one-fifth-of-purchases-at-2018-fifa-world-cuptm-use-contactless-technology/en

Visa Data Shows One Fifth of Purchases at 2018 FIFA World CupTM Use Contactless Technology

Rimini Street Recognized as a Top Workplace by Bay Area News Group for the Fifth Time

Company selected as a Top Workplace for work environment, communication policies, employee benefits and corporate culture

LAS VEGAS -Friday 29 June 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Rimini Street, Inc., (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today announced that it has been named one of the Bay Area Top Workplaces by the Bay Area News Group, for the fifth time. The Top Workplaces list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC, a leading provider of technology-based employee engagement tools.

The anonymous survey measures several aspects of workplace culture including alignment, execution, and connection. Participants are also given the opportunity to provide additional comments and insightful feedback on their organization’s culture and environment. Over 4,000 organizations participate in the Energage study each year, with more than one million participants completing the employee surveys.

“Top Workplaces is more than just recognition,” said Doug Claffey, CEO of Energage. “Our research shows organizations that earn the award attract better talent, experience lower turnover, and are better equipped to deliver bottom-line results. Their leaders prioritize and carefully craft a healthy workplace culture that supports employee engagement.”

“Rimini Street is honored to be recognized again as a Top Workplace by the Bay Area News Group,” said Jim Petraglia, group vice president, Global HR & Shared Services, Rimini Street. “Rimini Street has a passion for investing in our employees - creating a collaborative environment that fosters teamwork and encourages career growth. The Company is committed to recruiting the best talent, which enables us to continually innovate and provide exceptional support services and value to our clients.”

The Bay Area News Group published the complete list of Top Workplaces on June 24th. For more information about the Top Workplaces list and Energage, please visit www.topworkplaces.com and www.energage.com.

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI) is a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products. The Company has redefined enterprise software support services since 2005 with an innovative, award-winning program that enables licensees of IBM, Microsoft, Oracle, Salesforce, SAP and other enterprise software vendors to save up to 90 percent on total support costs. Clients can remain on their current software release without any required upgrades for a minimum of 15 years. Over 1,580 global Fortune 500, midmarket, public sector and other organizations from a broad range of industries currently rely on Rimini Street as their trusted, third-party support provider. To learn more, please visit https://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn. (C-RMNI)

Forward-Looking Statements

Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “may,” “should,” “would,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “seem,” “seek,” “continue,” “future,” “will,” “expect,” “outlook” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our second quarter and annual 2018 revenue guidance, industry, future events, future opportunities and growth initiatives, hiring plans, estimates of Rimini Street’s total addressable market, and projections of customer savings. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, closing of the financing transaction described herein; continued inclusion in the Russell 2000 Index in the future; changes in the business environment in which Rimini Street operates, including inflation and interest rates, and general financial, economic, regulatory and political conditions affecting the industry in which Rimini Street operates; adverse litigation developments or government inquiry; the final amount and timing of any refunds from Oracle related to our litigation; our ability to refinance existing debt on favorable terms; changes in taxes, laws and regulations; competitive product and pricing activity; difficulties of managing growth profitably; the success of our recently introduced products and services, including Rimini Street Mobility, Rimini Street Analytics, Rimini Street Advanced Database Security, and services for Salesforce Sales Cloud and Service Cloud products; the loss of one or more members of Rimini Street’s management team; uncertainty as to the long-term value of RMNI common stock; and those discussed under the heading “Risk Factors” in Rimini Street’s Annual Report on Form 10-K filed on March 15, 2018, as updated from time to time by Rimini Street’s Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the Securities and Exchange Commission. There may be additional risks that Rimini Street presently knows or that Rimini Street currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.

© 2018 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180628005245/en/

Contacts

Rimini Street, Inc.
Michelle McGlocklin, +1 925-523-8414
mmcglocklin@riministreet.com

Permalink : http://aetoswire.com/news/rimini-street-recognized-as-a-top-workplace-by-bay-area-news-group-for-the-fifth-time/en

Friday, June 29, 2018

Differential Brands Group to Acquire Majority of North American Division of Global Brands Group for $1.38 Billion

- Will create leading North American consumer platform generating revenues in excess of $2.3 Billion

LOS ANGELES-Friday 29 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Differential Brands Group Inc. (the “Company” or “Differential”) (NASDAQ:DFBG), a portfolio of global consumer brands comprised of Hudson, Robert Graham and SWIMS, today announced that it has entered into a definitive purchase agreement with Global Brands Group Holding Limited, a Hong Kong listed company (SEHK Stock Code: 787) (“GBG”), to acquire a significant part of GBG’s North American licensing business (the “GBG Business”), comprised of licensed brands such as Disney, Star Wars, Calvin Klein, Under Armour, Tommy Hilfiger, BCBG, bebe, Joe’s, Buffalo David Bitton, Frye, Michael Kors, Cole Haan and Kenneth Cole, for a purchase price of $1.38 billion, subject to adjustment (the “Transaction”). It is anticipated that upon closing, DFBG will have in excess of $2.3 billion in pro forma annual revenue comprised of branded men’s, women’s, and kid’s apparel, along with accessories that will be distributed to a diversified base of consumers across all retail and digital channels. The acquisition is expected to close in the third quarter of 2018.

William Sweedler, Chairman of the Board of Directors of Differential Brands Group (the “Board”) and Managing Partner of Tengram Capital Partners LP (“Tengram”), which played a pivotal role in bringing the parties together and getting the Transaction to signing, stated, “On behalf of the Board, I am thrilled that we were able to structure a transaction with the Fung family to acquire one of the leading branded consumer soft goods companies in North America with a world class management team led by Jason Rabin.” Mr. Sweedler continued, “Jason and his team plan to invest significant capital into this Transaction, which will transform Differential into a large scale North American branded platform.” Jason Rabin, current President of GBG North America stated, “We are thrilled to join Differential Brands Group and lead our combined platform by leveraging our expansive infrastructure, distribution and sourcing networks to drive growth, and we look forward to working with the Differential management team and Tengram to help support the Company's growth as it capitalizes on promising market opportunities. We are proud of what we have accomplished since joining Li & Fung in 2009, judiciously expanding the GBG platform and driving profitability, and thank them for their long-standing support and partnership.” Mr. Sweedler added, “Mr. Rabin has a proven track record of successfully growing numerous world class brands since inception. We are confident this Transaction will create tremendous value for our stockholders, as well as provide enhanced opportunities in North America for our brands and business partners.”

The purchase price for the Transaction will be paid in cash. Fully committed debt financing for the Transaction is being provided by Ares Capital Management LLC, HPS Investment Partners, LLC and GSO Capital Partners LP. Relatedly, certain members of GBG’s existing management team, co-investors and lenders will be making an equity investment in the common stock of DFBG (the “Equity Issuance”). Upon the closing of the Transaction, Tengram Capital Partners, LP will convert all of its Series A and Series A-1 Convertible Preferred Stock into common stock of DFBG.

The closing of the Transaction is subject to satisfaction or waiver of customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, the approval of the GBG’s stockholders under applicable Hong Kong listing guidelines and the approval of DFBG’s stockholders in connection with the Equity Issuance pursuant to NASDAQ listing requirements and regulatory approvals. As part of the Transaction, certain stockholders of the Company, namely Tengram Capital Partners, LP and its affiliates, have agreed to vote in favor of such Equity Issuance, and certain stockholders of GBG, namely, Fung Holdings (1937) Limited, have agreed to vote in favor of the Transaction.

Dechert LLP acted as lead counsel to DFBG and Richards, Layton and Finger acted as Delaware counsel to DFBG. Freshfields Bruckhaus Deringer LLP acted as lead counsel to GBG and Reed Smith LLP also advised GBG on the Transaction. Goldman Sachs (Asia) L.L.C. acted as financial advisor to GBG on the Transaction.

About Differential Brands Group:

Differential Brands Group Inc. (NASDAQ:DFBG) is a platform that focuses on branded operating companies in the premium apparel, footwear and accessories sectors. Our focus is on organically growing our brands through a global, omni-channel distribution strategy while continuing to seek opportunities to acquire accretive, complementary, premium brands.

Our current brands are Hudson®, a designer and marketer of women's and men's premium, branded denim and apparel, Robert Graham®, a sophisticated, eclectic apparel and accessories brand seeking to inspire a global movement, and SWIMS®, a Scandinavian lifestyle brand best known for its range of fashion-forward, water-friendly footwear, apparel and accessories. For more information, please visit Differential's website at: www.differentialbrandsgroup.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The matters discussed in this news release involve estimates, projections, goals, forecasts, assumptions, risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. All statements in this news release that are not purely historical facts are forward-looking statements, including statements containing the words “may,” “will,” “expect,” “anticipate,” “intend,” “estimate,” “continue,” “believe,” “plan,” “project,” “will be,” “will continue,” “will likely result” or similar expressions. Any forward-looking statement inherently involves risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to: the parties’ ability to close the transaction, including the receipt and terms and conditions of any required governmental approval of or required financing for the proposed transaction that could reduce anticipated benefits or cause the parties to abandon the transaction; the diversion of management's time and attention from the Company’s ongoing business during this time period; the impact of the transaction on the Company’s stock price; the anticipated benefits of the transaction on its financial results, business performance and product offerings, the Company’s ability to successfully integrate GBG’s business and realize cost savings and any other synergies; the risk that the credit ratings of the combined company or its subsidiaries may be different from what the Company expects; the risk of intense competition in the denim and premium lifestyle apparel industries; the risk that the Company’s substantial indebtedness could adversely affect the Company’s financial performance and impact the Company’s ability to service its indebtedness; the risks associated with the Company’s foreign sourcing of its products and the implementation of foreign production for Hudson’s products, including in light of potential changes in international trade relations brought on by the current U.S. presidential administration; risks associated with the Company’s third-party distribution system; continued acceptance of our product, product demand, competition, capital adequacy, general economic conditions and the potential inability to raise additional capital if required; the risk that the Company will be unsuccessful in gauging fashion trends and changing customer preferences; the risk that changes in general economic conditions, consumer confidence, or consumer spending patterns, including consumer demand for denim and premium lifestyle apparel, will have a negative impact on the Company’s financial performance or strategies and the Company’s ability to generate cash flows from its operations to service its indebtedness; the highly competitive nature of the Company’s business in the United States and internationally and its dependence on consumer spending patterns, which are influenced by numerous other factors; the Company’s ability to respond to the business environment and fashion trends; continued acceptance of the Company’s brands in the marketplace; risks related to the Company’s reliance on a small number of large customers; risks related to the Company’s ability to implement successfully any growth or strategic plans; risks related to the Company’s ability to manage the Company’s inventory effectively; the risk of cyber-attacks and other system risks; risks related to the Company’s ability to continue to have access on favorable terms to sufficient sources of liquidity necessary to fund ongoing cash requirements of the Company’s operations or new acquisitions; risks related to the Company’s ability to continue to have access on favorable terms to sufficient sources of liquidity necessary to fund ongoing cash requirements of its operations or new acquisitions; risks related to the Company’s pledge of all its tangible and intangible assets as collateral under its financing agreements; risks related to the Company’s ability to generate positive cash flow from operations; risks related to a possible oversupply of denim in the marketplace; and other risks. The Company discusses certain of these factors more fully in its additional filings with the SEC, including its annual report on Form 10-K for the fiscal year ended December 31, 2017 and subsequent quarterly reports on Form 10-Q filed with the SEC, and this release should be read in conjunction with those reports, together with all of the Company’s other filings, including current reports on Form 8-K, through the date of this release. The Company urges you to consider all of these risks, uncertainties and other factors carefully in evaluating the forward-looking statements contained in this release.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Since the Company operates in a rapidly changing environment, new risk factors can arise and it is not possible for the Company’s management to predict all such risk factors, nor can the Company’s management assess the impact of all such risk factors on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company’s future results, performance or achievements could differ materially from those expressed or implied in these forward-looking statements. The Company does not undertake any obligation to publicly revise these forward-looking statements to reflect events or circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events, except as may be required by law.

Contacts

Investor Relations:
Differential Brands Group
Lori Nembirkow
lori@differentialbrandsgroup.com

Permalink : http://aetoswire.com/news/differential-brands-group-to-acquire-majority-of-north-american-division-of-global-brands-group-for-138-billion/en

Nel ASA: Awarded Multi-Billion NOK Electrolyser and Fueling Station Contract by Nikola

OSLO, Norway -Friday 29 June 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Nel ASA (Nel, OSE: NEL) has been awarded a contract for delivery of 448 electrolysers and associated fueling equipment to Nikola Motor Company (Nikola) as part of Nikola’s development of a hydrogen station infrastructure in the US for truck and passenger vehicles. Under the multi-billion NOK contract, to be deployed from 2020, Nel will deliver up to 1 GW of electrolysis plus fueling equipment.

“We are proud to announce this 1 GW electrolyser contract with Nikola. The multi-billion NOK contract is the largest electrolyser and fueling station contract ever awarded. It will secure fast and cost efficient fueling of Nikola’s fleet of hydrogen trucks, as well as a growing fleet of Fuel Cell Electric Vehicles. We look forward to working with Nikola on developing the world’s largest, most efficient network of low-cost hydrogen production and fueling sites,” says Jon André Løkke, Chief Executive Officer of Nel.

“The future for zero-emission trucks has never been brighter. Nel’s electrolysers are efficient and reliable, making them a natural backbone for our station infrastructure. Each station will produce 700 bar and will be compatible with class 8 trucks and consumer cars. This is an incredibly exciting time and we have now contractually set in motion the largest network of hydrogen in the world,” says Trevor Milton, Chief Executive Officer of Nikola.

Under the contract, Nel will deliver 448 electrolysers and supporting fueling equipment to Nikola, starting in 2020. The contract includes a pre-engineering package of around USD 1.5 million, where Nel will develop a station design, including electrolysers, specifically made for fast fueling of Nikola trucks. Nikola has already placed an initial order amounting to more than USD 9 million for two demo-stations for which delivery will commence towards the end of 2018.

In May, Nikola announced that Anheuser-Busch has placed an order for up to 800 Hydrogen-Electric Powered Semi-Trucks. To support the Anheuser-Busch fleet of trucks, Nikola and Nel will need to deploy around 28 stations with a revenue potential for Nel of more than USD 500 million.

For additional information on Nel Hydrogen Stations, click here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180628006067/en/

Contacts
Nel ASA
Christopher Van Name, +1-914-299-0492
Director of Corporate Marketing
or
Bjørn Simonsen, +47-971-79-821
VP Market Development and Public Relations

http://aetoswire.com/news/nel-asa-awarded-multi-billion-nok-electrolyser-and-fueling-station-contract-by-nikolanbsp/en

Christophe Chicandard Joins AerSale® as Vice President of Leasing & Trading — Asia Pacific Region

CORAL GABLES, Fla. -Friday 29 June 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- AerSale, a global supplier of mid-life aircraft, engines, used serviceable material (USM), and MRO services, announced today the addition of Christophe Chicandard as Vice President of Leasing & Trading – Asia Pacific Region. As the Asian aviation market continues to account for an increasing portion of AerSale’s global market, Christophe will spearhead regional business development for the company’s flight equipment sales and leasing business unit and customer relations management.

“We are extremely pleased to have a tenured aviation executive such as Christophe joining our ranks to lead AerSale’s Asia Pacific acquisitions and sales initiatives, while further reinforcing our commitment to customer satisfaction in this rapidly expanding region,” said Craig Wright, Chief Commercial Officer and head of AerSale’s flight equipment leasing team. “His extensive contacts network, strategic vision, and vast transactional experience are ideally suited to well serve this market on our behalf.”

Over the span of Christophe’s 28-year aerospace industry career, he has held numerous senior sales and marketing positions with aircraft manufacturers such as ATR, Airbus, Bombardier, and Embraer, aircraft leasing companies such as CIT Aerospace and Aircastle, and MRO service providers such as Jet Aviation. His extensive scope of expertise includes strategic leadership, sales team management, and negotiation of complex fleet transactions.

About AerSale

A global aviation leader, AerSale specializes in the sale, lease, and exchange of used aircraft, engines, and components, in addition to providing a broad range of maintenance, repair, and overhaul (MRO) and engineering services for commercial aircraft and components. AerSale also offers asset management services to owners of end-of-life aircraft and engine portfolios. Headquartered in Coral Gables, Florida, AerSale maintains offices and operations in the United States, Europe, and Asia.

For more information, visit our website at www.aersale.com or contact AerSale Media Relations by calling (305) 764-3200 or via e-mail at media.relations@aersale.com.

Follow us on:

LinkedIn | Twitter | Facebook | Instagram

View source version on businesswire.com: https://www.businesswire.com/news/home/20180628006182/en/

Contacts

AerSale
Lyndelle Nieuwkerk, 305-764-3200
media.relations@aersale.com

Permalink : http://aetoswire.com/news/christophe-chicandard-joins-aersalereg-as-vice-president-of-leasing-amp-trading-mdash-asia-pacific-region/en

IDEMIA and 10T Tech Announce eSIM Technology Partnership

COLOMBES, France -Friday 29 June 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- IDEMIA, the global leader in Augmented Identity, is proud to announce today its partnership with 10T Tech, an independent provider of eSIM services for acquiring and managing eSIM connectivity. By doing so, IDEMIA will extend its eSIM platform to a larger base of customers.

10T Tech will provide their customers with a world-class eSIM remote provisioning solution from IDEMIA. Furthermore, 10T Tech aims to optimize platform integration times and their customers can use both eSIM and eUICC Plug-in devices to enable rapid deployment across their whole subscriber base.

The IDEMIA and 10T partnership offers customers a quick, simple and efficient way of launching eSIM across their network in order to help them be ready for important new market opportunities. This will allow more customers to be part of the growing eSIM market, while more and more new devices are being announced by OEMs.

“We are very pleased that 10T Tech has selected IDEMIA’s subscription management system. Our solution brings flexibility and is able to address any type of MNO and MVNO customers. At IDEMIA, we believe that eSIM technology should be available to the whole market to accelerate the adoption for the benefit of the entire ecosystem”, says Fabien Jautard, EVP of IDEMIA’s Mobile Operators Business Unit.

About IDEMIA

OT-Morpho is now IDEMIA, the global leader in Augmented Identity for an increasingly digital world, with the ambition to empower citizens and consumers alike to interact, pay, connect, travel and vote in ways that are now possible in a connected environment.

Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, we reinvent the way we think, produce, use and protect this asset, whether for individuals or for objects. We ensure privacy and trust as well as guarantee secure, authenticated and verifiable transactions for international clients from Financial, Telecom, Identity, Public Security and IoT sectors.

OT (Oberthur Technologies) and Safran Identity & Security (Morpho) have joined forces to form IDEMIA. With close to $3 billion in revenues and 14,000 employees around the world, IDEMIA serves clients in 180 countries.

For more information, visit www.idemia.com / Follow @IdemiaGroup on Twitter

About 10T Tech

10T Tech Limited is a strategic partner to IDEMIA, providing its services in conjunction with IDEMIA’s subscription management solution. It is a Hong Kong-based company that is bundling skills, know-how and experience in order to help operators around the globe prepare for widespread adoption of the embedded SIM by OEMs, with a particular focus middle market MNOs and MVNOs.

For more information, email info@10ttech.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20180628006160/en/

Contacts

Press:
Havas Paris
Hanna SEBBAH
idemia@havas.com

Permalink : http://aetoswire.com/news/idemia-and-10t-tech-announce-esim-technology-partnership/en

International Retailers Selling to Australia: Start Collecting GST from 1 July 2018

SYDNEY-Wednesday 27 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- From 1 July 2018, online retailers must start collecting Goods and Services Tax (GST) on goods sold to consumers in Australia valued at A$1,000 or less. This applies to international retailers if they have a GST turnover of A$75,000 or more in a 12-month period.

A simplified system is available for businesses to register, lodge and pay Australian GST. Retailers using this system will only need to report Total Taxable Sales and GST, and pay once each quarter.

The Australian Taxation Office (ATO) will continue to offer full support to help retailers that are taking reasonable steps to comply. ATO Assistant Commissioner Kate Roff said this includes helping retailers navigate the collection and remittance process.

“Any businesses that are having difficulty meeting their obligations should contact the ATO as soon as possible,” Ms. Roff said. “Businesses that do the right thing and register for GST can be assured that we will, where appropriate, pursue businesses that do not.”

“The ATO has the ability to use financial data tracking, customs data and online investigations to identify those that are not meeting their taxation obligations.”

“Businesses that decide not to comply will face penalties.”

The new taxation measure provides fairer trading for all retailers. It ensures low value goods purchased by consumers in Australia will have the same tax treatment, no matter where they are purchased from.

This also means that re-delivery service providers like mailbox re-delivery and personal shopping services will be subject to similar registration requirements. Consumers using GST–registered re-deliverers will pay the applicable GST to them.

Relevant businesses must register now and start collecting GST from 1 July 2018. Instructions on how to register in the simplified GST systems for international business can be found at ato.gov.au/GSTSimpleReg.

Information about collecting GST can be found by:

Visiting www.ato.gov.au/AusGST
Emailing AustraliaGST@ato.gov.au

Contacts

Media Contact:
Burson-Marsteller
Victoria Kougias
Victoria.kougias@bm.com

Permalink : http://www.aetoswire.com/news/international-retailers-selling-to-australia-start-collecting-gst-from-1-july-2018/en

Thursday, June 28, 2018

Lily Cole and Kwame Ferreira to Deliver the Impossible.com Keynote on Final Conference Day at IBC2018

LONDON-Thursday 28 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- The IBC Conference is committed to exploring the changing world of today and analysing the future of the industry. Monday 17 September, the final day of the conference, has an overarching focus on what is next for media, entertainment, technology and all related verticals.

The final day starts with the opening keynote from Impossible.com, an innovation group and incubator founded by Lily Cole and Kwame Ferreira. Lily, Kwame and a multi-disciplinary team spread over different cities around the globe, are using design and technology to solve social and environmental issues and guide global change. The organisation works with like-minded people, producing deep tech and planet centric services and products.

Through mentor support and advice from luminaries such as Jimmy Wales of Wikipedia, Impossible.com has evolved into an ecosystem of problem solving businesses and methodologies. At IBC their session will focus on planet centric design and how individuals and companies can innovate in a more balanced way with the planet.

“We are looking forward to sharing some of the latest products and businesses we’ve created, as well as the planet centric design thinking behind them,” said Lily Cole.

Monday’s programme will provide ideas and thinking that invite audiences to explore and challenge themselves. The sessions will scrutinise what we think we know and how to deal with the threats and opportunities facing us in the future. From talks on creating social networks for altruism to others on experimentation and collaboration, the sessions promise to inspire meaningful change towards a more desirable future. All this and more, on the concluding day of the IBC Conference.

In the conference finale, the New Tech Roadmap session brings together a C-level panel of industry experts to debate the best of technology innovation and solutions, and how to manage changes in big business. Diane Tryneski, EVP of Technology and Chief Digital Officer, at HBO and Michelle Munson, CEO/Co-founder at Eluvio, will be joined by Seth Shapiro, Founder/CEO at Alpha Networks and David Kline, Chief Technology Officer, Media and Technology Services Global, Viacom for what promises to be an exhilarating debate on the technologies and strategies that are shaping our industry. They will provide insight into the tech being eyed up as the next to deliver on: business strategies, inventing new solutions to monetise content, envisioning new visual and audio experiences and developing innovative workflow infrastructures to safeguard the future.

Supporting the two keynotes and bringing a wealth of knowledge and experience to the engaged conference audience is the Cutting-Edge Tech Innovators track, which includes a session by the EBU on AI and Cloud-based workflows, and day-two of the Next Gen: Interactive & Immersive Experiences track, which will lead with an eSports focus. The headline session for Advertising: The New Attention Economy track is also a must-attend with insight from Jana Eisenstein, ProSiebienSat.1, Paola Colombo, Publitalia’80 and Mark Howe, Google.

For more information and to register your place visit show.ibc.org

Keynote background:

Lily Cole's career spans fashion, film and entrepreneurship. She was voted ‘most inspirational woman’ by Britain’s youth and is an active supporter of several environmental causes. Cambridge graduate (she earned a double first), Lily's entrepreneurial spirit has given rise to multiple ventures, mostly in the sustainability realm and powered by a drive for a more balanced planet. Lily is currently creative director on a film inspired by Emily Bronte and she will also appear alongside Kenneth Branagh and Young Ones stars Adrian Edmondson and Nigel Planer in the next series of Upstart Crow in a Christmas special due to air December 2018.

Kwame Ferreira is the CEO at Impossible.com helping businesses develop through a planet-centric design approach. With myriad strings to his bow Kwame is the inventor of the Planet Centric Design methodology, for growing innovation inside and outside large corporations, aligning business goals with planetary needs. He has also pioneered emotional wearables creating bond-touch.com; the digital office manager - bot engine, nikabot.com and kind insurance company, kinsu.co.uk. Kwame leads Impossible.com research on new ways to instil community behaviour through technology.

About IBC

IBC is the world’s most influential media, entertainment and technology show, attracting 57,000+ attendees from more than 170 countries and combining a highly respected and peer-reviewed conference with an exhibition that showcases 1,700+ leading industry suppliers of state-of-the-art technology. In addition to the world-class exhibition and conference, IBC also encompasses the IBC Daily, IBCTV and IBC365.

IBC365 provides year-round insight and opinion into the hot topics and key trends from leading industry journalists, along with insightful whitepapers, peer reviewed technical papers, highly engaging webinars and an expansive video library.

IBC2018 Dates

Conference:




13 - 17 September 2018


Exhibition:


14 - 18 September 2018


For more information about IBC2018 visit: show.ibc.org/

Contacts

IBC Press Contact
Bubble Agency
Louise Wells
E: louisew@bubbleagency.com
T: +44 7718 985 252

Permalink : http://www.aetoswire.com/news/lily-cole-and-kwame-ferreira-to-deliver-the-impossiblecom-keynote-on-final-conference-day-at-ibc2018/en

BAC Partners with Poseidon to Become the First Car Manufacturer to Go ‘Climate Positive’

LIVERPOOL, England-Thursday 28 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Briggs Automotive Company (BAC) based in Liverpool has become the first car manufacturer in the world to go ‘climate positive’, setting a new industry standard for climate action. Becoming climate positive means that BAC will contribute to the removal of more carbon dioxide from the atmosphere than it emits.

To deliver on its commitment to protect the environment, the maker of the world-famous Mono supercar has partnered with the Poseidon Foundation. Poseidon gives individuals, organisations and governments the opportunity to rebalance their carbon footprint by supporting forestry conservation projects around the world using blockchain technology.

As the manufacturer of the world’s only single-seater, road-legal supercar used primarily to enjoy the sport of driving in its purest form, BAC is conscious of its environmental impact; and it will be taking measures to ensure current and future customers are offered the opportunity to do their bit for the environment.

With immediate effect, BAC will rebalance the climate impact of its operations; namely the production and distribution of the Mono supercar worldwide. Whenever a BAC customer completes a transaction – from purchasing to servicing a Mono – they will be offered the opportunity to make an additional contribution through Poseidon’s platform which goes directly towards forest conservation. It is BAC’s aim to drive behavioural change in the automotive sector by engaging its customers in climate action.

With the help of Poseidon, BAC will contribute to forest conservation projects around the world. One such project lies in Peru’s Cordillera Azul National Park, which is home to 6,000 plant species, 11 endangered large mammals, and where the average tree is over 400 years old. Efforts to conserve forests are incredibly effective because trees act as carbon sponges, providing a natural solution to climate change.

BAC is no stranger to technological world-firsts – having developed the first hybrid carbon-composite wheels and body panels made from innovative material graphene. The partnership with Poseidon sees BAC lead the car industry on an environmental level, too.

Ian Briggs, BAC Co-Founder and Design Director, said: “We are absolutely delighted to team up with Poseidon and take this important step towards becoming a climate-positive manufacturer. We already implement measures that reduce our carbon footprint; through our UK-based supply chain, using lighter weight materials and a higher grade of material in a more efficient way – and working with Poseidon will allow us to protect the environment even more.

“At BAC, we are totally committed to embracing new technology and are devoted to designing and developing more and more carbon-friendly products as technological advancements are made. As time goes on, BAC will work towards producing climate-positive products and setting further environmental examples in the automotive world.”

Laszlo Giricz, Founder and CEO of Poseidon, added: “We are thrilled to be partnering with BAC who, like us, believe that innovation is key to changing the world. If we don’t do more to change global behaviours, we will exceed the 1.5°C limit set by the Paris agreement by 2027. It is imperative that we work together to address humanity’s carbon impact and put a halt to climate change.”

Mayor of Liverpool Joe Anderson, who is leading a programme to cut the city’s carbon emissions by 35% by 2020, said: “I’m delighted that BAC is leading the way by using this cutting-edge technology. I’ve no doubt this approach will have a revolutionary impact on the motor industry and once again underlines Liverpool’s fabulously rich track record for innovation and its position as one of the UK’s most progressive cities in tackling climate change. We are wholly committed to supporting private companies that are making a real environmental difference and hope this innovative partnership between BAC and Poseidon is the first of many such projects in the region.”

Notes to Editors

About BAC

Bespoke supercar manufacturer BAC (Briggs Automotive Company) is based in Liverpool and was co-founded by brothers Ian and Neill Briggs. It produces the fast and highly acclaimed Mono supercar, a single-seater formula-style car that provides a visceral and exhilarating driving experience.

Since its launch in 2011 it has been going from strength to strength and is now sold in several markets around the world. It launched with great success and fanfare in Hong Kong at the end of 2015, with eight cars sold in a single night. BAC dealers can also be found in North America, Japan and London.

The 2016 model year version of the Mono comes with a four-cylinder 305bhp 2.5-litre Mountune engine, which takes the 580kg car from 0-60mph in just 2.8sec.

BAC recently launched a carbon hybrid wheel and announced the use of super material graphene, which is up to 20 per cent lighter than carbon fibre and as much as 200 times stronger than steel.

Despite its global appeal, BAC Mono remains proudly British, with parts sourced from its home country wherever possible.

Useful links:

Website: www.bac-mono.com
Facebook: facebook.com/bacmono
Twitter: twitter.com/DiscoverMono

About Poseidon

Poseidon is a non-profit foundation that empowers everyone to rebalance their climate impact with a breakthrough approach. Using blockchain technology, it, for example, integrates carbon markets into transactions at the point-of-sale, giving consumers the opportunity to rebalance the climate impact of their lifestyle choices by supporting forestry conservation projects around the world when they buy everyday items. With a comprehensive offering for individuals, organisations and governments, Poseidon will transform people’s relationship to their carbon footprint, encourage vital behaviour change and unlock the considerable growth potential of carbon markets to effectively address climate change.

To find out more about Poseidon – www.poseidon.eco

Contacts

Hawthorn Advisors for Poseidon Foundation
Edward Jones-Davies, +44 (0) 20 3745 4977
e.jones-davies@hawthornadvisors.com

Permalink : http://aetoswire.com/news/bac-partners-with-poseidon-to-become-the-first-car-manufacturer-to-go-lsquoclimate-positiversquo/en

GSMA Announces Winners of 2018 Asia Mobile Awards

SHANGHAI-Thursday 28 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- The GSMA announced the winners of the 2018 Asia Mobile Awards (AMO Awards), which were presented in series of ceremonies at Mobile World Congress Shanghai this week. The awards honour achievement, excellence and innovation in mobile communications across the Asia Pacific region.

“We congratulate all of the winners and nominees of the Asia Mobile Awards here at Mobile World Congress Shanghai,” said Michael O’Hara, Chief Marketing Officer, GSMA. “The AMO Awards recognise the most innovative mobile technologies, products and services, while showcasing the positive impact of mobile on individuals, business and society across the Asia Pacific region. Many thanks to all of our entrants, judges and partners for supporting the 2018 Asia Mobile Awards.”

The winners of the 2018 Asia Mobile Awards are:

Best Mobile Technology Breakthrough – Asia

KaiOS Technologies for KaiOS, the emerging OS

Best Innovation for LTE to 5G Evolution

KT for KT's Innovation towards the 5G

Best IoT Innovation for Mobile Networks

China Telecom and Huawei for NB-IoT and IoT Platform Commercialization

Best Mobile App for Connected Living

SK Telecom for T map x NUGU

Best Mobile App for Business

Huawei for Mobile Video Conference as a Service

Best Mobile Innovation for Smart Cities

Cisco for Cisco Kinetic for Cities

Best Smartphone

Apple for Apple iPhone X

Disruptive Device Innovation

Insta360 ONE and Nintendo Switch – Joint Winners

Best Mobile Innovation for Emerging Markets

Huawei for Huawei Mobile Money

Outstanding Mobile Contribution to the UN SDGs in Asia

Huawei for Polestar Sustainable Connectivity Solution

Women4Tech – Asia Mobile Industry Leadership

Ericsson for Girls in ICT initiative in Northeast Asia

Outstanding Contribution to the Asian Mobile Industry

Cher Wang, Chairwoman, CEO and President of HTC, was named the recipient of the award for “Outstanding Contribution to the Asian Mobile Industry” at a ceremony on Tuesday evening. Ms. Wang has been a significant figure in the mobile device industry since she founded VIA Technologies in 1987 and HTC in 1997. Under her leadership, HTC was able to take advantage of the shifts in the device industry caused by the advent of 3G and touch screen UIs, rising to global prominence as a leading device maker. More than two decades later, Ms. Wang has radically refocused HTC to adapt to new market conditions, and in doing so, has ensured HTC’s position as a significant player in the device world, advancing development in areas such as virtual reality, augmented reality, artificial intelligence and blockchain, among others.

Ms. Wang is also a strong voice advocating for women’s roles in the workplace. In 2010, she co-founded the ABAC Women’s Forum to identify capacity-building policy recommendations that enhance opportunities for women in business, and to hold outreach activities within APEC economies. More broadly, Ms. Wang has a deep understanding of the potential of technology to improve the lives of individuals and society in myriad ways, and to that end, she has undertaken significant philanthropic efforts in the worlds of education and science.

The winners of the 2018 AMO Awards were chosen from 180 entries and nominations across seven categories and judged by more than 60 world-leading independent experts, analysts, journalists, academics and, in some cases, mobile operator representatives. Supporting Media Partners for the AMO Awards include AVING News, Technode and Yesky. Full information on the AMO Awards is available at: www.mwcshanghai.com/conference-programmes/asia-mobile-awards-2018/.

Get Involved at Mobile World Congress Shanghai 2018

Follow developments and updates on Mobile World Congress Shanghai through our social media channels – follow us on Twitter at @GSMA and use #MWCS18, get regular updates through our LinkedIn Showcase Page at www.linkedin.com/company/mobile-world-congress-shanghai, and follow us on Facebook at www.facebook.com/mwcshanghai. In China, you can follow us on Sina Weibo weibo.com/mwcshanghai or search “GSMA_MWCS” in WeChat.

About the GSMA

The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with more than 300 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces industry-leading events such as Mobile World Congress, Mobile World Congress Shanghai, Mobile World Congress Americas and the Mobile 360 Series of conferences.

For more information, please visit the GSMA corporate website at www.gsma.com. Follow the GSMA on Twitter: @GSMA.

Contacts

For the GSMA
Ava Lau
+852 2533 9928
alau@webershandwick.com
or
Beau Bass
+44 79 7662 4962
beau.bass@webershandwick.com
or
GSMA Press Office
pressoffice@gsma.com

Permalink : http://aetoswire.com/news/gsma-announces-winners-of-2018-asia-mobile-awards/en

United Arab Emirates Ministry of Health & Prevention Adopts National CCHD Newborn Screening Program Using Masimo Rad-97™ Pulse CO-Oximeters® with Eve™

DUBAI, United Arab Emirates-Thursday 28 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Masimo (NASDAQ: MASI) announced today that the United Arab Emirates (UAE) Ministry of Health & Prevention (MOHAP) is adopting a national screening protocol for critical congenital heart disease (CCHD) for all newborns. As part of the program launch, the MOHAP is equipping 9 hospitals across 5 emirates, serving 50% of the UAE population, with Masimo Rad-97™ Pulse CO-Oximeters® with Eve™ CCHD Newborn Screening Application. Newborns delivered at these hospitals will now be screened for CCHD using Eve – the first large-scale installation of Eve on Rad-97, which received CE marking earlier this year.

CCHD affects approximately 2.5 to 3 newborns per 1000 live births1 and requires intervention soon after birth to prevent significant morbidity or mortality; later detection in infants also increases the risk of brain damage.2 In a study of 39,821 infants, CCHD screening sensitivity increased from 63% with physical exam alone to 83% with physical exam and Masimo SET® pulse oximetry.3 In a study of 122,738 infants – the largest CCHD screening study to date – CCHD screening sensitivity increased from 77% to 93% with the combined use of Masimo SET® and clinical assessment.4

Eve, also available on the Radical-7® Pulse CO-Oximeter, combines the power of Masimo SET® Measure-through Motion and Low Perfusion™ pulse oximetry with an automated pre- to post-ductal synchronization algorithm designed to reduce calculation errors. In addition, Eve simplifies the CCHD screening process by providing visual instructions, animations, and a detailed, easy-to-interpret display of screening results. The ability to label results with unique patient identifiers for both mother and newborn facilitates intuitive session management and seamless electronic charting. Eve also allows clinicians to incorporate perfusion index into screening, which has been shown to increase sensitivity to the detection of CCHD in infants with pathologically low perfusion.5

Masimo worked closely with the UAE to implement the MOHAP program, including onsite training for doctors, nurses, and midwives at each hospital. H.E. Dr. Yousif Al Serkal, Assistant Undersecretary for the Hospitals Sector, emphasized the Ministry’s strategy of “providing comprehensive and innovative health services in accordance with the highest standards of excellence, professionalism, and leadership in the health sector. The goal of the ‘Newborn Critical Congenital Heart Screening Program’ is to ensure that all UAE newborns are screened, and all affected infants receive appropriate confirmatory testing, counseling, and treatment to prevent complications and reduce mortality.” He noted that the program has a comprehensive database and e-system for the registration of all screening test results, as well as helping to control quality and track performance through periodic reporting. Dr. Kalthoom Al Balooshi, Director of the Hospitals Department, explained that “the screening initiative will be implemented in nine main hospitals, which includes screening with pulse oximetry, a CCHD screening database, integrated EMR solutions, and awareness programs for physicians, nurses, and parents.”

Jon Coleman, President of Worldwide Sales, Professional Services, and Medical Affairs for Masimo, said, “We are honored that the UAE chose Masimo to help implement this vital newborn screening process for their citizens. Masimo SET® performance and accuracy have helped to usher in reliable and cost-effective CCHD screening, as shown in the multiple studies concluding that SET® pulse oximetry, combined with clinical assessment, significantly improved CCHD screening sensitivity. We believe that Masimo SET® pulse oximetry and the Eve CCHD Screening App make for a compelling combination, and hope that more institutions and governments around the world will recognize the importance of helping their youngest patients get a great start in life.”

Rad-97 offers Masimo noninvasive and continuous monitoring, through Measure-through Motion and Low Perfusion SET® pulse oximetry and upgradeable rainbow® technology, in a compact, standalone monitor that incorporates advanced customizability, connectivity, and device integration capabilities. In addition to Eve, Rad-97 is also available in configurations with integrated noninvasive blood pressure measurement and integrated NomoLine™ capnography.

@MasimoInnovates | #Masimo

References

1. Hoffman JL et al. The incidence of congenital heart disease. J Am Coll Cardiol. 2002;39(12):1890-1900.


2. 2011 Legislative Report; State of Maryland, Department of Health and Mental Hygiene, State Advisory Council on Hereditary and Congenital Disorders. Recommendations on Implementation of Screening for Critical Congenital Heart Disease in Newborns. Page 7.


3. de-Wahl Granelli A et al. Impact of pulse oximetry screening on the detection of duct dependent congenital heart disease: a Swedish prospective screening study in 39,821 newborns. BMJ. 2009;Jan 8;338.


4. Zhao et al. Pulse oximetry with clinical assessment to screen for congenital heart disease in neonates in China: a prospective study. Lancet. 2014 Aug 30;384(9945):747-54.


5. de-Wahl Ganelli et al. Noninvasive Peripheral Perfusion Index as a Possible Tool for Screening for Critical Left Heart Obstruction. Acta Paediatr. 2007 Oct;96(10):1455-1459.

About Masimo

Masimo (NASDAQ: MASI) is a global leader in innovative noninvasive monitoring technologies. Our mission is to improve patient outcomes and reduce the cost of care. In 1995, the company debuted Masimo SET® Measure-through Motion and Low Perfusion™ pulse oximetry, which has been shown in multiple studies to significantly reduce false alarms and accurately monitor for true alarms. Masimo SET® has also been shown to help clinicians reduce severe retinopathy of prematurity in neonates,1 improve CCHD screening in newborns,2 and, when used for continuous monitoring with Masimo Patient SafetyNet™* in post-surgical wards, reduce rapid response activations and costs.3,4,5 Masimo SET® is estimated to be used on more than 100 million patients in leading hospitals and other healthcare settings around the world,6 and is the primary pulse oximetry at 17 of the top 20 hospitals listed in the 2017-18 U.S. News and World Report Best Hospitals Honor Roll.7 In 2005, Masimo introduced rainbow® Pulse CO-Oximetry technology, allowing noninvasive and continuous monitoring of blood constituents that previously could only be measured invasively, including total hemoglobin (SpHb®), oxygen content (SpOC™), carboxyhemoglobin (SpCO®), methemoglobin (SpMet®), Pleth Variability Index (PVi®), and more recently, Oxygen Reserve Index (ORi™), in addition to SpO2, pulse rate, and perfusion index (Pi). In 2014, Masimo introduced Root®, an intuitive patient monitoring and connectivity platform with the Masimo Open Connect® (MOC-9®) interface, enabling other companies to augment Root with new features and measurement capabilities. Masimo is also taking an active leadership role in mHealth with products such as the Radius-7® wearable patient monitor, iSpO2® pulse oximeter for smartphones, and the MightySat™ fingertip pulse oximeter. Additional information about Masimo and its products may be found at www.masimo.com. Published clinical studies on Masimo products can be found at http://www.masimo.com/evidence/featured-studies/feature/.

ORi has not received FDA 510(k) clearance and is not available for sale in the United States.

*The use of the trademark Patient SafetyNet is under license from University HealthSystem Consortium.

References

1. Castillo A et al. Prevention of Retinopathy of Prematurity in Preterm Infants through Changes in Clinical Practice and SpO2 Technology. Acta Paediatr. 2011 Feb;100(2):188-92.


2. de-Wahl Granelli A et al. Impact of pulse oximetry screening on the detection of duct dependent congenital heart disease: a Swedish prospective screening study in 39,821 newborns. BMJ. 2009;Jan 8;338.


3. Taenzer AH et al. Impact of Pulse Oximetry Surveillance on Rescue Events and Intensive Care Unit Transfers: A Before-And-After Concurrence Study. Anesthesiology. 2010; 112(2):282-287.


4. Taenzer AH et al. Postoperative Monitoring – The Dartmouth Experience. Anesthesia Patient Safety Foundation Newsletter. Spring-Summer 2012.


5. McGrath SP et al. Surveillance Monitoring Management for General Care Units: Strategy, Design, and Implementation. The Joint Commission Journal on Quality and Patient Safety. 2016 Jul;42(7):293-302.


6. Estimate: Masimo data on file.


7. http://health.usnews.com/health-care/best-hospitals/articles/best-hospitals-honor-roll-and-overview.

Forward-Looking Statements

This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, in connection with the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among others, statements regarding the potential effectiveness of Masimo Rad-97™, Eve™, and Radical-7®. These forward-looking statements are based on current expectations about future events affecting us and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond our control and could cause our actual results to differ materially and adversely from those expressed in our forward-looking statements as a result of various risk factors, including, but not limited to: risks related to our assumptions regarding the repeatability of clinical results; risks related to our belief that Masimo's unique noninvasive measurement technologies, including Masimo Rad-97, Eve, and Radical-7, contribute to positive clinical outcomes and patient safety; risks related to our belief that Masimo noninvasive medical breakthroughs provide cost-effective solutions and unique advantages; as well as other factors discussed in the "Risk Factors" section of our most recent reports filed with the Securities and Exchange Commission ("SEC"), which may be obtained for free at the SEC's website at www.sec.gov. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today's date. We do not undertake any obligation to update, amend or clarify these statements or the "Risk Factors" contained in our most recent reports filed with the SEC, whether as a result of new information, future events or otherwise, except as may be required under the applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180626006610/en/

Contacts

Masimo
Evan Lamb
949-396-3376
elamb@masimo.com

Permalink : http://aetoswire.com/news/united-arab-emirates-ministry-of-health-amp-prevention-adopts-national-cchd-newborn-screening-program-using-masimo-rad-97trade-pulse-co-oximetersreg-with-evetrade/en

Dentsu Aegis Network Announces the Launch of Merkle MENA

Rudy Banholzer appointed to lead the new expanded operation in the region

LONDON-Wednesday 27 June 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Dentsu Aegis Network is expanding its operations in the Middle East and North Africa (MENA) with the launch of a new office for Merkle (www.merkleinc.com), a leading technology-enabled, data-driven performance marketing agency.

In MENA, Merkle will be led by Rudy Banholzer, formerly the managing director of full-service social media agency Your Social prior to its acquisition by Merkle in the EMEA region.

Your Social is being rebranded to Merkle with Rudy’s remit now to grow the business’ capabilities to help clients adopt people-based marketing. PBM enables brands to identify real people by leveraging the data behind them to create personalised experiences - ultimately driving customer loyalty. As a global leader in PBM – with a rich heritage in data, technology and analytics - Merkle has expanded rapidly in EMEA, which now comprises almost 1500 people in 14 offices across five countries.

Rudy joined Your Social six years ago, tasked with setting up the regional office in Dubai and growing the business in the UAE and across the Middle East. The team of 25 people is already supporting leading global and regional brands including Daman Insurance, Dolby, Pioneer and National Bank of Fujairah in social media, customer experience and performance marketing.

In his new job Rudy will be supported by Vimal Badiani, who has been recently promoted to the role of commercial director. Vimal was previously at Merkle Periscopix in the UK, the performance media agency acquired by Merkle in 2015, most recently as head of paid search.

Michael Komasinski, president of Merkle EMEA, said: “This launch represents a significant development in the continuing and rapid expansion of our global footprint and range of capabilities. The appetite for people-based marketing, combined with Rudy’s experience of growing businesses in MENA, creates an exciting opportunity for us.”

Rudy added: “I’m looking forward to accelerating growth by tapping into the power of Merkle’s position as a world leader of people-based marketing and the incredible scale of Dentsu Aegis Network to support the needs of our clients on their people-based marketing journeys.”

Tarek Daouk, CEO Dentsu Aegis Network MENA said: “I am thrilled that we are launching Merkle in the region and that we can continue to advance the Dentsu Aegis data story here through a suite of new services and analytics products. Merkle compliments our existing offering and in a world of personalised digital marketing we are pleased to be able to offer our clients a new and powerful range of CRM and performance capabilities.”

Notes to Editors:

About Dentsu Aegis Network

Part of Dentsu Inc., Dentsu Aegis Network is made up of ten global network brands - Carat, Dentsu, dentsu X, iProspect, Isobar, mcgarrybowen, Merkle, MKTG, Posterscope and Vizeum and supported by its specialist/multi-market brands. Dentsu Aegis Network is Innovating the Way Brands Are Built for its clients through its best-in-class expertise and capabilities in media, digital and creative communications services. Offering a distinctive and innovative range of products and services, Dentsu Aegis Network is headquartered in London and operates in 145 countries worldwide with more than 40,000 dedicated specialists. www.dentsuaegisnetwork.com

About Merkle

Merkle is a leading data-driven, technology-enabled, global performance marketing agency that specialises in the delivery of unique, personalised customer experiences across platforms and devices. For more than 30 years, Fortune 1000 companies and leading nonprofit organizations have partnered with Merkle to maximise the value of their customer portfolios. The agency’s heritage in data, technology, and analytics forms the foundation for its unmatched skills in understanding consumer insights that drive people-based marketing strategies. Its combined strengths in performance media, customer experience, customer relationship management, loyalty, and enterprise marketing technology drive improved marketing results and competitive advantage. With more than 5,500 employees, Merkle is headquartered in Columbia, Maryland, with 24 additional offices in the US and 26 offices in EMEA and APAC. In 2016, the agency joined the Dentsu Aegis Network.

Contacts

For further information:
Simpatico PR
Sarah Ramamurthy
or
Lorna Keegan
020 7439 9275
merkle@simpaticopr.co.uk
or
Dentsu Aegis Network
Sara Paye, +971 4 447 4996
Marketing & Communications Manager MENA
Sara.paye@dentsuaegis.com

Permalink : http://aetoswire.com/news/dentsu-aegis-network-announces-the-launch-of-merkle-mena/en

Wednesday, June 27, 2018

GSMA: Asia Set to Become World’s Largest 5G Region by 2025

Key Asia Markets Prepare to Launch Region’s First 5G Networks Beginning Next Year

SHANGHAI-Wednesday 27 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Asia Pacific is on track to become the world’s largest 5G region by 2025, led by pioneering 5G markets such as Australia, China, Japan and South Korea, according to the latest edition of the GSMA’s Mobile Economy report. Launches of commercial 5G networks in these markets beginning next year will see the Asia region reach 675 million 5G connections by 2025, more than half of the global 5G total expected by that point. Asia’s move to state-of-the-art mobile broadband networks reflects the mobile ecosystem’s growing value to the region’s economy. According to the report, Asia’s mobile industry added $1.5 trillion in economic value last year, equivalent to 5.4 per cent of regional GDP1.

“The Asia Pacific region has experienced rapid migration to mobile broadband networks and smartphones over recent years and is now set to play a pioneering role as we move into the 5G era,” said Mats Granryd, GSMA Director General. “Mobile operators in Asia will invest almost $200 billion over the next few years in upgrading and expanding their 4G networks and launching new 5G networks in order to accelerate the growth of Asia’s digital economies and societies.”

Asia 4G to Grow Rapidly Ahead of 5G Commercialisation
The early 5G launches in Asia, based on 3GPP Release 15, are expected to focus on enhanced mobile broadband services, supplementing the capacity and capabilities of existing mobile broadband networks, particularly in dense urban areas, the report says. However, 5G’s next phase (3GPP Release 16) will lay the foundation to support a range of future 5G use cases and innovations, including massive connectivity and low-latency services such as Internet of Things (IoT), critical communication services (e.g. remote surgery, autonomous vehicles, smart grids) and virtual reality.

As 5G commercialisation approaches, 4G also continues to grow rapidly and is now Asia’s dominant mobile technology. The region is home to some of the world’s most advanced 4G markets in terms of adoption, such as Japan and South Korea, as well as emerging markets such as India, Indonesia, Thailand and Vietnam, which are seeing an accelerating migration to 4G. By 2025, it is expected that 62 per cent of Asia’s mobile connections2 will be running on 4G networks and 14 per cent on 5G.

More than half of the world’s mobile subscribers live in Asia Pacific, which is home to the world’s two largest mobile markets, China and India. At the end of last year, there were 2.7 billion unique mobile subscribers3 in Asia, equivalent to about 67 per cent of region’s population. This number is forecast to grow to 3.2 billion (73 per cent of population) by 2025, with about half of the new subscribers added over this period coming from India.

Mobile Industry a Growing Contributor to Asia’s Economy
The Asia Pacific mobile industry’s $1.5 trillion economic contribution in 2017 includes the direct impact of the mobile ecosystem as well as the indirect impact and the boost in productivity brought about by the increased use of mobile services and technologies. Mobile’s contribution to Asia’s GDP is set to rise to $1.8 trillion by 2022. In addition, the mobile ecosystem supported more than 17 million jobs last year, directly and indirectly, and made a substantial contribution to the funding of the public sector, with almost $170 billion raised in the form of general taxation.

The report also highlights how mobile technology is being used across Asia to bring transformative societal benefits in areas such as health, education and gender equality. “Mobile networks are a key driver of measurable economic, social and cultural value in Asia, tackling many of the social and economic challenges in this diverse region and, in doing so, helping to achieve the UN Sustainable Development Goals,” added Granryd.

The new report ‘The Mobile Economy: Asia Pacific 2018’ is authored by GSMA Intelligence, the research arm of the GSMA. To access the full report and related infographics, please visit: www.gsma.com/mobileeconomy/asiapacific/.

About the GSMA
The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with more than 300 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces industry-leading events such as Mobile World Congress, Mobile World Congress Shanghai, Mobile World Congress Americas and the Mobile 360 Series of conferences.

For more information, please visit the GSMA corporate website at www.gsma.com. Follow the GSMA on Twitter: @GSMA.

1 GDP contribution includes direct ecosystem contribution (1.8%); indirect contribution (0.6%); and productivity improvements (3.0%).

2 There were 4.52 billion SIM connections in Asia Pacific in 2017, forecast to increase to 4.8 billion by 2025.

3 A unique mobile subscriber represents an individual that can account for multiple SIM connections.

Contacts

For the GSMA
Beau Bass
+44 79 7662 4962
beau.bass@webershandwick.com
or
GSMA Press Office
pressoffice@gsma.com

Permalink : http://aetoswire.com/news/gsma-asia-set-to-become-worldrsquos-largest-5g-region-by-2025/en

Frost & Sullivan Identifies Innovative Business Models to Capitalise on the Emerging Transformation of the African Water Market

Growing environmental awareness and water stress drives industries to adopt sustainable and energy-efficient solutions, notes Frost & Sullivan’s Environment and Industrial Team

Dubai, United Arab Emirates.-Wednesday 27 June 2018 [ AETOS Wire ]

The global industrial water market is expected to grow at a staggeringly high rate of 7.6% in 2018. Sustainability and water security will take the spotlight, as the world aligns towards protection of vulnerable waters and minimises impact of water-related hazards. In the event that status quo is maintained, two-thirds of the world’s population could be living in water stressed conditions by 2025!

In this context, Africa will be one of the most prominent stakeholders for the emerging water industry, considering that the continent has the largest number of water-scarce countries in the world. A majority of the continent relies on rainfall and surface water for water supply, which is not going to be sustainable any longer. Many of the existing fresh water sources have been polluted to the extent that access to clean water stands at around 50% only. Water scarcity is a rapidly growing problem for Africa, compounded by an abysmally low turnaround potential, seeing how water infrastructure related projects account for only 1.3% of the total infrastructure investment.

“One of the key deterrents to infrastructure development is the associated costs for ramp up. This is where digitalisation can come up as a pertinent solution for the region. Digitalisation offers benefits of higher efficiency and a streamlined CapEx outflow for governments, by capitalising on analytics to increase performance of assets, and to achieve a phased rollout that would be based on risk / impact priorities. This would imply the emergence of new business models, necessitating a change in how existing vendors and stakeholders look at the industry” notes Abhay Bhargava, Business Head, Industrial Practice, Frost & Sullivan.

Click here for more information on the Future of the Water Market – Spotlight on the African Market.

This imbalance of available freshwater creates a need for alternate sources such as Seawater Desalination and Sustainable/Circular Options. Of Africa’s 54 countries, 39 can take advantage of such solutions, enjoying a coastline that makes desalination a viable option. Currently, desalination in Africa is concentrated in Algeria Libya and Egypt with ±74% of total capacity and plant numbers are centred in these 3 countries. South Africa is the fastest gainer for desalination in Africa - 10 desalination plants are expected to be online by 2019, to mitigate the on-going water crisis.

Some strategic imperatives for success and growth in the water industry:

    Increasing appetite and urgency for efficiency improvement targeted at smart enabled solutions backed by an innovative business model
    Digital transformation of a water utility and water services in agriculture crucial to enhance resilience and asset value for better financing
    Customer focused digital strategy needs to be aimed at both understanding their needs and to enhance interaction backed incentives
    Digital skills gap to be addressed with specific and customised training solutions targeting the various roles and functions within a utility
    Corporate vision and strategy towards Water as a Service will be key to align with the future of multi-utility services for households

“Innovative business models and financing can transform growth prospects in this market, opening up opportunities for a larger investor base. These developments will also contribute significantly to the region at large, by resulting in financially attractive solutions and providing increased employment opportunities”, notes Bhargava. “For example, with the growing trend of Pay-per-use Water Dispensers, community based water supply models such as eWaterPay, Water ATM’s, and iDrop Water are growing in urban areas. Irrigation as a Service (IaaS) has a strong potential with small farmers accounting for 70-80% of all the farmers in Tanzania, Malawi, and Zambia. It is imperative for service providers / innovators to develop business plans that are thorough & well structured - a key requisite to attract investors and to drive adoption in the region.”

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Twitter: @Frost_Sullivan & @Frost_MENASA
Facebook: http://www.facebook.com/frostandsullivan
LinkedIn: https://www.linkedin.com/showcase/frost-&-sullivan-%E2%80%93-middle-east-north-africa-south-asia/

Contacts

Frost & Sullivan

Anita Chandhoke, Corporate Communications – MEA, +918067028020
achandhoke@frost.com | http://ww2.frost.com

Permalink : http://www.aetoswire.com/news/frost-amp-sullivan-identifies-innovative-business-models-to-capitalise-on-the-emerging-transformation-of-the-african-water-market/en

Red Sea Housing Goes Solar with REDAVIA for Cost-Effectiveness, Reliability

Red Sea Housing Goes Solar with REDAVIA for Cost-Effectiveness, Reliability

MUNICH & ACCRA, Ghana-Wednesday 27 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Red Sea Housing Services (RSHS), a global leader for modular living and working environments for industrial and residential communities, chose REDAVIA, a global market leader of cost-effective, reliable and clean rental solar power for businesses and communities, to implement its first showcase solar farm in Accra, Ghana.

Within the next few months REDAVIA will have fully commissioned a 336 kWp solar farm at RSHS’s biggest manufacturing facility in Tema, strategically located in close proximity to Ghana’s main port. This will allow RSHS to introduce a cost-effective and reliable solution into their energy mix of solar and the national grid.

“Thanks to REDAVIA solar power we are now able to control some of our OPEX cost better whilst reducing our carbon emissions to become more environmentally friendly,” said Harm Ploeger, President for Africa at RSHS. “We plan to introduce this solar energy solution to the future accommodation requirements of our clients all over the African continent and to enhance the power supply in existing infrastructures built by RSHS in the past.”

Erwin Spolders, CEO & founder of REDAVIA, confirms, “Solar power enables better cost control and ensures reliability for organizations, and we are proud that a visionary company like RSHS has chosen REDAVIA to leverage these benefits.”

In the future, RSHS aims to not only expand the solar farm but also to deepen the partnership with REDAVIA. This evolved partnership will leverage existing synergies between both companies whereby RSHS intends to sell a packaged solution of their modular housing coupled with solar power from REDAVIA.

About Red Sea Housing Services

Red Sea Housing Services (RSHS) is a global leader that provides high quality modular living and working environments for industrial and residential communities. RSHS sets up the infrastructure and facilities required for companies to construct high quality, reliable, durable, tailored modular buildings and housing units, including hotels, offices, accommodation units, utility services, telecommunications networks, catering and recreation facilities. www.redseahousing.com

About REDAVIA

REDAVIA offers rental solar power for businesses and communities. The REDAVIA system is based on a pre-configured model, including high-performance solar modules and electrical components. It is easy to ship, set up, scale and redeploy. Businesses and communities benefit from a cost-effective, reliable, clean energy solution with minimal upfront investment or technical skills. www.redaviasolar.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20180627005023/en/

Contacts
REDAVIA
Angelika Kempf
+49-89-2426-8869
a.kempf@redaviasolar.com

Permalink : http://aetoswire.com/news/red-sea-housing-goes-solar-with-redavia-for-cost-effectiveness-reliability/en

PEI-Genesis Expands Footprint into India: Manesh Pratap Singh Appointed Country Manager

PHILADELPHIA -Wednesday 27 June 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- PEI-Genesis, a global leader in the design and assembly of custom engineered connectors and cable solutions, has expanded its footprint into the Indian market, naming Manesh Pratap Singh as Country Manager for India, it was announced today by Jane Fishetti, General Manager, Distribution & International Sales.

“We have been selling to the India market for many years through Jost Engineering but bringing Manesh on board clearly shows our commitment to the India market,” said Fishetti. “Our next step is to build a team of sales and engineering professionals to support our existing and new customers in this flourishing market.”

Singh, based in New Delhi, has over two decades of business development and sales leadership experience in India and South Asia. He has worked in leadership positions serving as Country Manager for Nortel DASA, Head of Business Development at TataGroup company, and Head of Sales & Marketing at AEG Power Solutions.

“The India market continues to be a focus of growing companies from around the world,” said Singh. “My goal is to bring the unique set of values & expertise of PEI Genesis to this market, primarily to the aerospace, defense, satellite, railways & industrial sectors. This move contributes to the ‘Make in India’ program of the Indian Government by expanding PEI-Genesis’s operations throughout the region.”

“Having a physical presence in India is a solid strategic move,” said Steven Fisher, PEI-Genesis President and CEO. “We are excited to welcome Manesh to the PEI family and to have a physical presence in India, one of the fastest growing economies in the world.”

“We know our focus on service and our technical expertise will be both welcomed and appreciated by our customers in India,” said Fishetti.

About PEI-Genesis

PEI-Genesis is one of the world’s fastest assemblers of precision connectors and cable assemblies. From the largest connector component inventory in the world, they develop engineered solutions that support the military, industrial, medical, aerospace, transportation, and energy sectors worldwide. Headquartered in Philadelphia, PA, PEI-Genesis has production facilities in South Bend, IN; Chandler, AZ; Nogales, MX; Southampton, UK; and Zhuhai, China as well as sales offices throughout the Americas, Europe and Asia. More information may be found at www.peigenesis.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180626005099/en/

Contacts
PEI-Genesis
Jenna Hinkle, 215-737-1151
Jenna.Hinkle@peigenesis.com
or
Debbie Albert, 215-283-6006
debbie@albertcommunications.com

Permalink : http://aetoswire.com/news/pei-genesis-expands-footprint-into-india-manesh-pratap-singh-appointed-country-managernbsp/en

Greater China Set to Dominate Global Industrial IoT Market, Says New GSMA Report

Government Backing 5G, AI and Data Analytics to Transform Industrial Sector;
GSMA Intelligence Forecasts 13.8 billion IIoT Connections Worldwide by 2025,
with China Accounting for One-Third of Global Market

LONDON-Wednesday 27 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- The GSMA today issued a new report, ‘The Industrial IoT in Greater China’, highlighting how the region is poised to lead the global Industrial IoT (IIoT) market. The in-depth report draws on interviews with mobile operators including Asia Pacific Telecom Group, China Mobile, China Telecom, China Unicom, Far EasTone and Taiwan Mobile who outline how the combination of fast internet speeds, data analytics, artificial intelligence (AI) and the IoT is transforming the region’s industrial sector. GSMA Intelligence estimates that there will be 13.8 billion IIoT connections globally by 2025. Greater China accounts for approximately 4.1 billion of these connections or a third of the global market.

“These new technologies will fundamentally alter the way we live and work, intelligently connecting virtually every device, making our cities smarter and our lives easier and more productive,” commented Alex Sinclair, Chief Technology Officer, GSMA. “China is betting big on the IIoT to increase productivity and drive efficiencies by streamlining and automating manufacturing processes via internet connectivity. Backed by positive government support, China is set to become the world’s leader.”

The IIoT, will increase productivity by combining AI, cloud computing and advanced analytics to automate manufacturing processes via internet connectivity. It will enable factories to monitor and interpret data from production lines and complex machinery in real time to anticipate faults, manage infrastructure and mitigate risk. The captured data will drive efficiencies, optimise productivity and decrease costs in many important economic sectors beyond manufacturing, such as energy and telecoms. China is also making advances in the area of AI which, with machine learning, will help factories and businesses manage complex processes and drive innovation.

China’s Government Backing the IIoT

China’s government is a major driving force behind the country’s adoption of the Industrial IoT. In 2015, the government outlined its ‘Made in China 2025’ strategy, which aims to boost manufacturing innovation, including the IoT, smart appliances and high-end consumer electronics, and transform China from “a manufacturing big house” to “a manufacturing super house” in the next 10 years. The government also unveiled its ‘Internet Plus Action Plan’ in 2015 to integrate the internet with traditional industries and create a new engine for economic growth, bringing together the mobile internet, cloud computing, big data and the IoT with modern manufacturing.

The Role of China’s Operators

China’s mobile operators will play a fundamental role in these developments by providing secure, reliable and intelligent connectivity to businesses and enterprises across the country. China’s operators will be integral to the development of the IIoT and an invaluable and strategic partner for cities, governments and other organisations. The GSMA’s Internet of Things Programme is working closely with all operators, as well as other vendors in the ecosystem, to support and help accelerate the delivery of compelling and secure IoT solutions including Low Power Wide Area (LPWA) networks, such as LTE-M and NB-IoT, which are helping to usher in innovative new services across the country. LTE-M and NB-IoT will play a key role in the development of 5G networks and in particular, ‘massive IoT’, which will enable smart cities, industrial automation and other applications involving large numbers of connected devices.

IoT Programme at Mobile World Congress Shanghai 2018

The GSMA’s IoT Programme will host its 7th GSMA Mobile IoT Summit at Mobile World Congress Shanghai 2018. The summit will explore the latest developments in LPWA networks in licensed spectrum as they are being rolled out around the world and cover topics including data analytics, the impact of 5G and security amongst others. The summit will be held in Auditorium A, Hall N5 in the Shanghai New International Expo Centre (SNIEC). For further information, please go to: www.gsma.com/iot/event/iot-summit-at-mobile-world-congress-shanghai-2018/. The Programme will also demonstrate a number of cutting-edge IoT products and services at the GSMA Innovation City in Hall N5. Please go to: www.gsma.com/iot/iot-mwcs18-innovation-city/.

Connected China at Mobile World Congress Shanghai 2018

The GSMA’s IoT Programme will also host ‘Connected China’ at this year’s Mobile World Congress Shanghai, bringing together some of China’s most innovative start-ups and developers to showcase their products and solutions using Mobile IoT technologies across LTE-M and NB-IoT. There will be a number of interactive demonstrations across six key vertical applications: industrial IoT, logistics, smart agriculture, fire safety, smart city and smart home. Connected China will be held 27-29 June in NEXTech Hall W5 at the SNIEC. For further information, please go to: www.gsma.com/iot/connected-china-at-mwc-shanghai-2018/.

To download the report, please go to: www.gsma.com/iot/greater-china-industrial-iot-report/. For further information on the GSMA’s IoT programme, please go to: www.gsma.com/iot/

About the GSMA

The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with more than 300 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces industry-leading events such as Mobile World Congress, Mobile World Congress Shanghai, Mobile World Congress Americas and the Mobile 360 Series of conferences.

For more information, please visit the GSMA corporate website at www.gsma.com. Follow the GSMA on Twitter: @GSMA.

Contacts

Media Contacts:
For the GSMA
Ava Lau
+852 2533 9928
alau@webershandwick.com
or
Beau Bass
+44 79 7662 4962
beau.bass@webershandwick.com
or
GSMA Press Office
pressoffice@gsma.com

Permalink : http://aetoswire.com/news/greater-china-set-to-dominate-global-industrial-iot-market-says-new-gsma-reportnbspnbsp/en