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Victory Square Technologies Portfolio Company Enters into Sales & Distribution Agreement for Safetest 15 Minute Covid-19 Rapid Test for North America with ProNorth Medical Corp.

  • Victory Square Health has entered into a new sales & distribution agreement with ProNorth Medical Corporation to provide its
    Safetest
    15 minute Covid-19 Rapid Testing kits in the United States of America and in Canada* following Health Canada approvals.
  • ProNorth Medical currently has multi-million dollar PPE products sales and distribution contracts with government, hospitals, and the private sector across North America.
  • North America has seen an additional 135,622 cases totaling 10,573,000 and 250,632 deaths from Covid-19 as of November 9, 2020
    (source: Code 19 Alert)
  • VSH Safetest Antibody Rapid Test products are critical because they identify if one has had or is currently infected with the Covid-19 virus.
    The end-user would know if previously infected with the virus, will have the antibodies present

VANCOUVER, British Columbia, Nov. 12, 2020 (GLOBE NEWSWIRE) — Victory Square Health Inc. (“VS Health” or the “Company“) – a portfolio company of Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) — is pleased to announce that it has entered into a sales & distribution agreement with ProNorth Medical, a North American Sales and Distribution Company, to sell its Safetest 15 minute Covid-19 Rapid Testing kits in the United States of America and in Canada* following Health Canada approvals.

ProNorth Medical has been proudly servicing Medical, Veterinary, and Dental professionals across North America for the past 9 years. ProNorth Medical CEO Robert Horne has a 30 plus year record in the medical sales and distribution sector, having worked with Johnson & Johnson for over 25 years prior to launching ProNorth Medical Corporation in 2011. ProNorth Medical currently has multi-million dollar Canadian and USA tested PPE products sales and distribution contracts with government, hospitals, and the private sector. ProNorth Medical clients in Canada include Hamilton Health Sciences Centre, The Ottawa Hospital, Vitalite Health Network, Service New Brunswick and Horizon Health. In addition, ProNorth Medical will engage with strategic film industry partners in the United States to provide major film studios, production companies, talent and crew with Safetest Covid-19 Testing products for detecting the antibodies IgG and IgM against SARS-CoV-2.

Pro North Medical associate, film producer and actor Cody Hackman who has produced films for Netflix, Lionsgate, MGM and many other companies says, “Our industry is anxiously waiting to safely resume pre-pandemic production volumes. Productions are finally starting to ramp up again but are now taking more time and are more costly due to Covid19. The Safetest Covid-19 Rapid Test from Victory Square Health will enable our industry to open up more quickly, safely, efficiently, and effectively to reduce the extra costs and production delays occurring due to Covid.”

“I am very pleased to have partnered with Victory Square Health to quickly and efficiently distribute and sell its Safetest Covid-19 suite of testing products to our network in the USA and hopefully soon throughout Canada with health approvals,” said Robert Horne, CEO ProNorth Medical. “Our Company has already received inquiries and requests/demand for the VSH Safetest Covid-19 Rapid test from our extensive network in America.”

Felipe Peixoto, CEO of VSH said, “The global vaccination process is a positive step towards tackling the world pandemic crisis, however, that will take many months if not years to cover the global population. Our Antibody Rapid Test products are critical in the process because they identify if one has had or is currently infected with the Covid-19 virus. By simply taking a drop of blood, the end-user, if previously infected with the virus, will have the antibodies present and know that he/she is not urgently required to take a vaccination.”

The Safetest 15 minute Covid-19 Rapid Testing kit enables the user to receive results with 96.6% sensitivity in 15 minutes by a simple blood sample similar to that of a hand held diabetes reader that resembles a pregnancy test stick. This highly accurate test enables the participant to quickly detect if they have Covid-19 antibodies in 15 minutes.

The Safetest 15 Minute Covid-19 Rapid Test has been granted permission by the Food & Drug Administration (FDA) in the United States to commence marketing, sales and distribution under the emergency use authorization (EUA). The Safetest 15 Minute Covid-19 Rapid Test has been approved for sale and distribution in the European Union and submitted for review and approval in Canada.

VS Health was founded in 2016 to accelerate the development of personalized medicine and technology solutions including diagnostic tests to support patient’s care and improve health outcomes. Its first product, the Leishmaniasis Rapid Test, was developed in partnership with the UFMG, Federal University of Minas Gerais. Safetest took advantage of its expertise in the subject to develop other antibody-based tests and a robust R&D pipelines of diagnostic kits for Hansen’s Disease, Brucellosis, HTLV and Blood samples screening tests.


Disclaimer:


The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the Covid-19 (or SARS-2 Coronavirus) at this time

Go to: VictorySquare.com and sign up for VST’s official newsletter at 


www.VictorySquare.com/newsletter

On behalf of the board,

Shafin Diamond Tejani
Chief Executive Officer
Victory Square Technologies

For further information about the Company, please contact:

Investor Relations Contact – Alex Tzilios
Email: [email protected]
Telephone: 778-867-0482

Media Relations Contact – Howard Blank, Director
Email: [email protected]
Telephone: 604-928-6066

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth.

VST’s sweet spot is the cutting-edge tech that’s shaping the 4th Industrial Revolution. Our portfolio consists of 20 global companies using AI, VR/AR and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.

What we do differently for startups

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best — build, innovate and disrupt. In 24-36 months, you’ll scale and be ready to monetize.

What we do differently for investors

VST is a publicly traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSQTF).

For investors, we offer early-stage access to the next unicorns before they’re unicorns.

Our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com.

Forward Looking Statement

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance, execution of business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries, including Victory Square Health Inc., and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, or similar expressions, or may employ such future or conditional verbs as “may”, “might”, “will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

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Logitech Increases Use of Post-Consumer Recycled Plastic At Scale

Logitech Increases Use of Post-Consumer Recycled Plastic At Scale

By The End Of 2021, The Company’s Largest Product Portfolio Will Include Recycled Plastic In More Than 50 Percent Of All Mice And Keyboards Produced

LAUSANNE, Switzerland & NEWARK, Calif.–(BUSINESS WIRE)–
Logitech International (SIX: LOGN) (Nasdaq: LOGI), an award-winning design company and maker of cloud peripheral products, today announced its commitment to incorporating post-consumer recycled plastic (PCR) into its products at scale in an effort to reduce its carbon impact and increase circularity of consumer products. In a little over a year, the Company’s largest product portfolio will include PCR in more than 50 percent of its mice and keyboards, and will provide full transparency on the amount of PCR in each product to drive industry innovation and greater adoption of recycled plastic.

Tweet Now: By the end of 2021, more than 50% of mice & keyboards in Logitech’s largest product portfolio will use recycled plastic, eliminating an estimated 7,100 tons of virgin plastic and 11,000 tons of carbon per year. #SustainableDesign #CarbonReduction #Recycle

Over the last three years, Logitech has focused on increasingly moving to PCR plastic across its most popular product lines as part of its Design for Sustainability efforts. Since the launch of the PCR program, the Company will have shipped more than 50 million devices made with PCR plastic by the end of next year. Some products containing PCR plastic include the top-selling Logitech K120 and K400 keyboards, C390 webcam, M100 and M190 mice, and the UE HYPERBOOM. Logitech’s latest product made with PCR plastic is the new ERGO M575 mouse, which started with a design goal of maximizing the use of PCR plastic in the black, graphite and off-white model.

To drive carbon reduction at an even greater scale, Logitech is focusing on utilizing PCR plastic in products that account forthe most units sold globally. The Company is committing that by the end of 2021, more than 50 percent of the mice and keyboard produced in Logitech’s Creativity and Productivity portfolio, the Company’s largest portfolio, will be made with PCR plastic – eliminating an estimated 7,100 tons of virgin plastic and 11,000 tons of carbon per year.

“We are on a journey to design products for the future. The top area where we can make a significant and long-term impact to reduce carbon is by applying our design for sustainability principles across the product development process,” said Prakash Arunkundrum, Global Head of Operations and Sustainability at Logitech. “Since plastic is one of the most used materials at Logitech, we’re investing in the circular economy by recycling and reusing consumer products to push the limits of what is currently possible for recycled plastic.”

Increased Transparency

Starting with the ERGO M575, each product’s PCR content will be validated by independent, third-party experts and transparently shared on the Company’s website. The percentage of recycled plastic in each product will vary depending on the type, color and material make up of a product. The percent of a product’s plastic parts made of PCR currently range from 80% PCR content to no less than 20% for the technically complex lighter color products. Logitech’s design goal is to continue to maximize the percentage of recycled content in each product.

“We congratulate Logitech’s commitment to transparency and third-party certification of post-consumer recycled plastic,” said Nicole Muñoz, Vice President of Environmental Certification Services at SCS Global Services. “Logitech’s focus on circularity and the incorporation of recycled content into their products demonstrates leadership in the consumer electronics industry.”

Innovation

Logitech is working with plastic suppliers to design new and stronger resins in a range of new colors, expanding on what is possible today. New resins will be used in Logitech products to give consumers more color options without compromising on product quality, while also being made available to other companies in an effort to help reduce the consumer electronics industry’s carbon impact.

Beyond recycled plastics, Logitech is working with external partners to develop a roadmap of sustainable materials for the future, as well as sustainable packaging advancements, ongoing innovation on making lower impact electronic devices and continuing to drive renewable electricity programs.

To learn more about Logitech’s Designing for Sustainability and Recycled Plastic efforts, please visit www.logitech.com/sustainability.

About Logitech

Logitech designs products that have an everyday place in people’s lives, connecting them to the digital experiences they care about. More than 35 years ago, Logitech started connecting people through computers, and now it’s a multi-brand company designing products that bring people together through music, gaming, video, and computing. Brands of Logitech include Logitech, Logitech G, ASTRO Gaming, Streamlabs, Ultimate Ears, Jaybird and Blue Microphones. Founded in 1981, and headquartered in Lausanne, Switzerland, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech at www.logitech.com, the company blog or @Logitech.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com.

(LOGIIR)

Nicole Kenyon

Head of Global Corporate & Employee Communications – USA

+1 (510) 988-8553

Ben Starkie

Corporate Communications – Europe

+41 (0) 79-292-3499

KEYWORDS: Europe Switzerland United States North America California

INDUSTRY KEYWORDS: Chemicals/Plastics Consumer Electronics Technology Manufacturing Software Hardware

MEDIA:

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Digital Locations to Benefit from Augmented Reality (AR) and Virtual Reality (VR) Applications Driving the Growth of 5G

Microsoft’s HoloLens 2 adds 5G support for AR, but widespread adoption will require transmission in the true 5G super high-speed millimeter-wave (mmWave) spectrum.

SANTA BARBARA, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) — Digital Locations, Inc. (DLOC), a developer of cell tower sites for the 5G revolution, today announced that it is likely to benefit from the growth of 5G small cell sites driven by Augmented Reality (AR) and Virtual Reality (VR) applications that require super high-speed transmission.

“Augmented reality and virtual reality have suddenly become more relevant in a world where people can’t meet in person as easily,” said Bill Beifuss, President of Digital Locations. “Devices such as Microsoft’s HoloLens 2 are prime examples of applications that will drive the growth of 5G services.”

HoloLens 2 users touch, grasp, and move holograms in ways that feel natural – they respond a lot like real objects – resulting in a comfortable and immersive mixed reality experience.

See the video demonstrating Microsoft’s HoloLens 2 augmented reality device:
https://www.youtube.com/watch?v=uIHPPtPBgHk

Holograms have the potential to dramatically improve training, design, and visualization in many business settings and production facilities. Being able to look at, zoom in on and manipulate 3D versions of in-progress designs radically enhances the design process. And voice commands work even in noisy industrial environments through smart microphones and natural language speech processing.

In the field of education, holograms are very important. The reason is that students can actually view the concepts that are taught and visualize them in class or from a distance. Holograms will help students clarify concepts more readily and will enhance the way they learn.

All of these exciting AR applications are only possible with high speed and low latency wireless data transmission. 5G wireless technology can provide that and 5G small cell networks are essential parts of the high speed, low latency solution. The FCC expects up to 80% of new cell site deployments will be small cells. That is because small cells are the only way for operators to deploy 5G in the super high-speed millimeter-wave (mmWave) spectrum. Transmissions in mmWave spectrum can only travel a few hundred feet, due to the propagation characteristics of that band, and that is ideal for small cells simply because they can be as small as a pizza box and are often installed on building roof tops, store fronts and so-called “street furniture” like light poles or streetlights.

At this time, there is no indication that the large wireless operators, such as Verizon, AT&T and T-Mobile Sprint, plan to heavily invest in building small cell networks throughout the country. Instead, they are seeking partners to facilitate the buildout of these networks.

Mr. Beifuss concluded, “All these factors point to a very large market for small cells and a substantial opportunity for Digital Locations. To minimize upfront capital costs, Digital Locations plans to enter into lease option agreements with building/property owners. Once an adequate number of sites have been secured in a particular area (perhaps 20-25 locations in a square mile area), the Company will enter into rental agreements with one or more large wireless operators desiring to extend 5G coverage in the area.”

About Digital Locations, Inc.

Digital Locations, Inc., is a developer of cell tower sites for the 5G revolution. 5G wireless networks are expected to be 100 times faster than current 4G LTE networks. This will enable global scale killer applications such as self-driving cars, the Internet of things (IOT), mobile streaming of 4K videos, real-time hologram-based collaboration, and lag-free high definition gaming. To realize this vision, many new 5G antennas are needed because high frequency 5G signals cannot travel farther than 100 meters. It is estimated that more than 1 million new 5G cell towers must be added in the United States alone. To rapidly enter the market, Digital Locations plans to partner or co-develop a portfolio of cell tower sites to help meet the demands of 5G networks. Our goal is to become a “landlord” of tomorrow’s wireless communications assets.

To learn more about Digital Locations please visit www.digitallocations.com 

Safe Harbor
Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

Press Contact:
[email protected]
(805) 456-7000

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iClick Interactive to be Added to the MSCI China Small Cap Index

PR Newswire

HONG KONG, Nov. 12, 2020 /PRNewswire/ — iClick Interactive Asia Group Limited (“iClick” or the “Company”) (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, announced today that the Company’s stock will be added to the MSCI China Small Cap Index, effective as of market close on November 30, 2020. 

The MSCI China Small Cap Index is compiled by MSCI Inc., a leading provider of research-based indexes and analytics, announced the results of the November 2020 Semi-Annual Index Review for the MSCI Equity Indexes – including the MSCI China Small Cap Index. It is designed to measure the performance of the small cap segment of the China market. The index has been widely recognized as a benchmark for global institutional investors to optimize their investment portfolios.

About iClick Interactive Asia Group Limited

iClick Interactive Asia Group Limited (NASDAQ: ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, our proprietary platform possesses omni-channel marketing capabilities and fulfils various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in ten locations worldwide including Asia and Europe.

For more information, please visit ir.i-click.com.

Safe Harbor Statement

This announcement contains forward-looking statements, including those related to the Company’s business strategies, operations and financial performance. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s fluctuations in growth; its success in implementing its mobile and new retail strategies, including extending its solutions beyond its core online marketing business; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favorable contractual terms; market competition, including from independent online marketing technology platforms as well as large and well-established internet companies; market acceptance of online marketing technology solutions and enterprise solutions; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; fluctuations in foreign exchange rates; and general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:


In China:


In the United States:


iClick Interactive Asia Group Limited


Core IR

Lisa Li

Tom Caden

Phone: +86-21-3230-3931 #892

Tel: +1-516-222-2560

E-mail: [email protected]

E-mail: [email protected]

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/iclick-interactive-to-be-added-to-the-msci-china-small-cap-index-301171639.html

SOURCE iClick Interactive Asia Group Limited

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Nokia and Deutsche Telekom Group expand strategic cooperation to build 5G-ready IP network

Press Release

Nokia and Deutsche Telekom Group expand strategic cooperation to build
5G-ready IP network

          

  • Deutsche Telekom will deploy the Nokia 7750 Service Router portfolio, designed for the 5G and cloud era, to replace and modernize its existing IP edge/core network in Greece and Hungary initially
     
  • Nokia’s IP edge routers deliver the high-performance, scale and flexibility to support a full array of IP services and functions that meet evolving end user needs

          
12 November 2020

Espoo, Finland – Nokia and Deutsche Telekom Group today announced they are expanding their strategic cooperation to build a 5G-ready IP network. Deutsche Telekom has selected Nokia’s 7750 Service Router (SR) platform to significantly expand capacity across its edge/core routing network as it prepares for next-generation broadband and 5G services. Deployment has already started in Greece, where Nokia is replacing and modernizing the operator’s existing IP network. Rollout in Hungary is expected in Q4 2020.

With networks experiencing unprecedented traffic growth and unpredictable demands, operators want to meet ever-increasing performance requirements while driving down network costs. The scale, feature breadth and versatility of the Nokia 7750 SR-s platform addresses these requirements, enabling operators like Deutsche Telekom Group and its affiliates to build bigger, smarter, automated and secure networks with greater return on investment.

As part of its network modernization, Deutsche Telekom needed to replace an existing IP edge/core network that was reaching its end of service with a new network that can cope with 5G and ultra broadband access requirements. A key principle to achieve this was the consolidation of network layers through the integration of IP aggregation and edge/BNG (Broadband Network Gateway) functions into one converged layer.

Deutsche Telekom selected the Nokia 7750 SR-7s routers as they support the full spectrum of provider edge, gateway and core functions for advanced residential, mobile and enterprise services. Powered by the programmable FP4 network processing silicon, the routers will enable Deutsche Telekom to boost IP network capacity with deterministic performace for a top-quality subscriber experience. As a result, Deutsche Telekom can support 5G interconnectivity and an increasing growth in backbone traffic driven by an increase in mobility applications, video streaming, gaming and other high-capacity demands such as remote working.

The 7750 SR-s is managed by the Nokia Network Services Platform (NSP). NSP supports 5G IP transport with automated slicing across IP and optical transport layers with end-to-end orchestration of network resource provisioning and assurance operations. This simplifies operations so that operators can create customer policies/slices with different network performance, quality and routing capabilities to respond quickly to fast-changing subscriber demand.

Bernhard Scholl, Technology Europe VP Access Core & Transport at Deutsche Telekom, said: “Deutsche Telekom Group affiliates need to expand and modernize their IP networks to address stringent 5G IP transport requirements. We continue to see tremendous growth in network traffic and the need to deliver more throughput and higher capacity with strict QoS to our customers is critical. This is particlarly the case as bandwidth intensive applications are shifting to on demand video along with the growing usage of cloud-based services. Building out this backbone with Nokia’s IP edge routers will allow us to stay ahead of our customers’ network needs.”

Vassilis Kazatzopoulos, Head of International Sales DT Global Customer Business Team at Nokia, said: “With trends like 5G, IoT and Industry 4.0 now a reality, networks are expected to handle hundreds of new applications and services for millions of users. The Nokia 7750 SR-s series of IP routers takes router performance to the next level by delivering the massive scale, comprehensive feature set and platform versatility needed to stay ahead of evolving demands. Nokia is excited to expand its longstanding relationship with Deutsche Telekom Group to help prepare its affiliates’ networks for the future.”

Resources:

About Nokia

We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.

Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.

Media Inquiries:

Nokia
Communications
Phone: +358 10 448 4900
Email: [email protected]

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Faraday’s 22nm Fundamental IP Adopted for Intelligent IoT Devices

Faraday’s 22nm Fundamental IP Adopted for Intelligent IoT Devices

HSINCHU, Taiwan–(BUSINESS WIRE)–
Faraday Technology Corporation (TWSE: 3035), a leading ASIC design service and IP provider, today announced that its 22ULP/ULL fundamental IP set has been adopted by customers in multiple IC developments, including IP camera SoCs, true-wireless-stereo (TWS) earphone SoCs, IoT SoCs, and voice recognition AI processors. The IP set is implemented on UMC’s 22ULP/ULL technology, which is tailored to address extended battery life and high-performance requirements of next-generation portable consumer electronics and IoT chips.

Faraday’s 22nm fundamental IP set launched in late 2019. In addition to providing standard cell libraries and memory compilers under a wide voltage range from 0.6V to 1.0V, the IP set also offers 0.7V single rail powered memories to simplify customers’ power designs. To solve the non-Gaussian distribution of STA (Static Timing Analysis) under the 0.6V operating voltage, this IP set applies the moment-based LVF (Liberty Variation Format) model, therefore, the design simulation and physical verification results are more consistent, further enhancing the quality of customer SoC design projects.

“Within a short period of time, our comprehensive 22ULP/ULL fundamental IP set has been deployed in both mainstream and fast-growing consumer electronic applications,” said Flash Lin, chief operating officer of Faraday. “By leveraging this IP offering, our customers can easily deploy new 22nm designs or migrate their existing designs from 28nm to 22nm and obtain better PPA (power, performance, area). To further meet customer needs, we will continue to invest in our 22nm IP portfolio, delivering key functional IPs, including analog, clocks, and high-speed interfaces in the near future.”

About Faraday Technology Corporation

Faraday Technology Corporation (TWSE: 3035) is a leading ASIC design service and IP provider, certificated to ISO 9001 and ISO 26262. The broad silicon IP portfolio includes I/O, Cell Library, Memory Compiler, ARM-compliant CPUs, LPDDR4/4X, DDR4/3, MIPI D-PHY, V-by-One, USB 3.1/2.0, 10/100 Ethernet, Giga Ethernet, SATA3/2, PCIe Gen4/3, and 28G programmable SerDes, etc. Headquartered in Taiwan, Faraday has service and support offices around the world, including the U.S., Japan, and China. For more information, visit www.faraday-tech.com or follow Faraday on LinkedIn.

Press: Faraday Tech, Evan Ke, +886 3 578 7888 ext. 88689, [email protected]

KEYWORDS: Taiwan Asia Pacific

INDUSTRY KEYWORDS: Technology Internet Hardware Consumer Electronics

MEDIA:

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Ynvisible Appoints Piotr Wierzchowiec to Head of Functional Ink Products & Development Completes Advisory Board Expansion With Three New Experts

Ynvisible Appoints Piotr Wierzchowiec to Head of Functional Ink Products & Development Completes Advisory Board Expansion With Three New Experts

VANCOUVER, British Columbia–(BUSINESS WIRE)–Ynvisible Interactive Inc. (the “Company” or “Ynvisible”) (TSXV: YNV, FSE: 1XNA, OTCQB: YNVYF) is pleased to welcome Piotr Wierzchowiec, Ph.D., as the Head of Functional Ink Products & Development. The Company also concludes the expansion of its Advisory Board with three experts from the logistics and supply chain management, organic electronics, and technology venture capital industries.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201112005430/en/

Piotr Wierzchowiec, Ph.D., Head of Functional Ink Products & Development. (Photo: Business Wire)

Piotr Wierzchowiec, Ph.D., Head of Functional Ink Products & Development. (Photo: Business Wire)

FULFILLING FUNCTIONAL INK PRODUCTS & DEVELOPMENT

Dr. Wierzchowiec brings Ynvisible over twelve years of experience in developing materials, inks, and printing processes for organic and printed electronics, including display applications. He joins the Company from Merck KGaA, an internationally leading science and technology company in healthcare, life science, and performance materials. At Merck, Piotr Wierzchowiec was Head of Print Labs for Performance Materials Innovation & Application division. His previous responsibilities included managing product development, leading teams of experts, scouting, coordinating product launch activities, and driving global business development. His background includes applying lean and six sigma methodology, organizing technical customer support, and managing cross-functional collaboration projects. Dr. Wierzchowiec has a Doctor of Philosophy (Ph.D.) focused on Molecular Electronics from Bangor University.

“Piotr brings a wealth of experience to the Ynvisible team in fabricating and commercializing functional inks products for the global markets,” said Jani-Mikael Kuusisto, CEO of Ynvisible. “Ynvisible is accelerating our time to revenue. We are now taking systematic steps to build off lessons learned to date from our various client cases: strengthening our intellectual property portfolio, launching our Ynvisible branded products, and deploying our proprietary technology platform offering. We are now selling our first ink products through our website, we are actively delivering on customer needs through our collaborations with NXN-IP and RISE, and we are strengthening our inks portfolio. Inks are central to our business growth. It’s great to have Piotr fortify our efforts in this area.”

“I feel enthusiastic about joining Ynvisible in their efforts to address the rapidly growing needs of the electrochromic display market. I am eager to become a part of this highly dedicated team of pioneers while bringing complementary ink development experience to expand and strengthen the Company’s product portfolio. I am committed to aiming for high-quality standards and fast response to market demands, which are vital for great commercial success,” said Piotr Wierzchowiec, Ph.D.

THREE INDUSTRY LEADERS JOIN ADVISORY BOARD

Ynvisible is excited to announce that it has invited Mitchell Huang, Adam Laubach, and Dr. Rudi Leuschner to its Advisory Board. On November 5, 2020, Ynvisible announced that Ramin Heyardarpour, Sal Pellingra, and Tiffany Vasilchik are joining Ynvisible’s Advisory Board. All new Advisory Board members will be joining Dr. Michael Okoroafor, Dr. Harlan Byker, and Dr. Harri Kopola. This concludes the expansion of Ynvisible’s Advisory Board.

“We are honored to have such a strong group of industry experts in our expanded Advisory Board. As we continue to support our lead customers’ Internet-of-Things initiatives, we rely on our Advisors’ wealth of expertise, extensive networks, and diverse, multi-disciplinary perspectives. Our Advisors help us to remain focused on producing scalable products for the global markets,” says Jani-Mikael Kuusisto, CEO of Ynvisible.

NEW ADVISORY BOARD

Dr. Michael Okoroafor, VP of Global Sustainability & Packaging Innovation, McCormick & Co.

Dr. Harlan Byker, Founder & CEO, Pleotint LLC.

Dr. Harri Kopola, Fellow, Organic Electronics Association

Ramin Heyardarpour, Managing Partner, Flex R&D / Former Global VP R&D Avery Dennison

Sal Pellingra, VP Global Application & Innovation, ProAmpac

Tiffany Vasilchik, SVP Growth Strategy, Magid

Mitchell Huang, Technology Start-Ups / Investment / Product Management

Adam Laubach, Printed Electronics / Medical Device Lab-to-Fab / Leadership

Dr. Rudi Leuschner, Associate Prof. of Supply Chain Management, Rutgers Business School

PROFILES OF YNVISIBLE’S NEW ADVISORY BOARD MEMBERS

Adam E. Laubach, Lab-to-Fab Leadership

Adam E. Laubach serves as the technology advisor for Exothermix, a Texas-based company focusing on materials and products through self-heating technology. He was CEO of Exothermix from 2014 to 2018. Before joining Exothermix in 2011, he served as the chief technology officer for multiple technology companies, including ReVolt Technologies, GSI Technologies, and Aveso Displays, an early pioneering company in printed electronic displays. Laubach also spent 13 years with Dow Chemical. Today, Laubach is the director of Amani Baby Cottage in Jinja, Uganda. His contributions in worldwide missions’ work include developing a desalination system for a community in Haiti, wells and filter systems that provide clean water in Honduras, and clean-burning stoves and ovens in Uganda. Mr. Laubach has a SB in Chemistry and BA in German from Texas State University and an M.B.A. from The University of Texas.

Dr. Rudi Leuschner, Associate Professor, Rutgers Business School

Professor Leuschner is an Associate Professor in the Department of Supply Chain Management and the Program Director for the online Master of Science in Supply Chain Management program at Rutgers Business School. He is at the forefront of online education as the Rutgers Faculty Coordinator for Distance and Online Learning. He is the creator of the Rutgers Supply Chain Management MOOC specialization.

His research focuses on the end-to-end supply chain and the integration of its three primary flows: products, information and finances. Specifically, in the new field of Supply Chain Finance, he has been active in developing relevant insights for academics and practitioners. He co-developed the Rutgers Business School Payment Practices Index, which ranks retailers’ performance. He received his Ph.D. in Logistics and a minor in Marketing from Ohio State University. His work has appeared among others in the Journal of Supply Chain Management, Journal of Business Logistics, Decision Sciences, the Journal of Business Ethics, Harvard Business Review, and Rutgers Business Review

He has been a frequent speaker at academic and practitioner conferences, his teaching interests at the undergraduate, graduate, and executive education levels on the topics of Supply Chain Strategy, Innovation, Supply Chain Finance, and Demand Management.

Mitchell Huang, Transformative Finance Consultant

Mitchell Huang joins Ynvisible as a technology and finance advisor specializing in the financing lifecycle of technology companies. Over the course of his 20-year career, he has helped companies ranging from Fortune 100 companies to seed-stage startups use financial products to reach their business goals.

Recently, Mr. Huang served as an early employee in several technology startups, including VenueNext and EVA Automation, structuring growth capital investments and managing finance. Before working at startups, Huang spent 13 years at JPMorganChase as Executive Director of the Special Investments Group, focusing on private equity and growth capital investments. Huang also held positions in credit trading, restructuring and leveraged finance.

Mitchell Huang received his S.B. in Biology from the Massachusetts Institute of Technology. He lives in Brooklyn, New York.

About Ynvisible Interactive Inc.

Ynvisible aims to be a leading company in the emerging printed and flexible electronics sector. Given the cost and power-consumption advantages over conventional electronics, printed electronics are a key enabler of mass adoption of the Internet of Things (“IoT”) and smart objects. Ynvisible has the experience, know-how and intellectual property in electrochromic materials, inks, and systems. Ynvisible’s interactive printed graphics solutions solve the need for ultra-low power, mass deployable, & easy-to-use electronic displays and indicators for everyday smart objects, IoT devices, and ambient intelligence (intelligent surfaces). Ynvisible offers a mix of services, materials and technology to brand owners developing smart objects and IoT products. Additional information on Ynvisible is available at www.ynvisible.com

ON BEHALF OF THE BOARD OF DIRECTORS

“Jani-Mikael Kuusisto,” CEO, Ynvisible Interactive Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company’s Q3 forecast of sales, cost of sales, operating expenses and income from other sources; the Company’s business strategy, plans and outlooks; the future financial or operating performance of the Company; and future marketing and operating plans are forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to additional costs being subsequently identified and the allocation of costs between reporting periods; and the possibility that the actual financial results will not be consistent with the Company’s expectations. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company’s public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws.

Elyssia Patterson

[email protected]

Investor Relations

+1 778-683-4324

[email protected]

KEYWORDS: Germany Europe North America Canada

INDUSTRY KEYWORDS: Office Products Hardware Electronic Design Automation Specialty Data Management Technology Retail Other Technology

MEDIA:

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Piotr Wierzchowiec, Ph.D., Head of Functional Ink Products & Development. (Photo: Business Wire)
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Multicloud services from Rackspace Technology enables Plus500 to securely manage over 3 million trades every month

LONDON, Nov. 12, 2020 (GLOBE NEWSWIRE) — Rackspace Technology™ (NASDAQ: RXT), the multicloud solutions provider, is supporting Plus500’s multicloud environment, having migrated services to Google Cloud whilst managing the existing VMware private cloud platform. Plus500’s highly sensitive data is also now guarded by Rackspace Managed Security.

International financial firm, Plus500, provides online trading across more than 2,000 securities and multiple asset classes. With the new multicloud environment, Plus500 now facilitates more than 3 million trades every month – more than one per second. With assistance from Rackspace Managed Security services, Plus500 can navigate the complexities of this data securely and compliantly.

As Plus500’s business has become increasingly global, its robust and bespoke private cloud platform has continued to underpin its operations. However, with expansion and international growth a key business priority, the need for greater scalability became apparent and it selected Google Cloud for this expansion.

Ari Shotland, Chief Technology Officer at Plus500, said, “Being online-based, and given how quickly things change in the modern world, we have to be agile and constantly looking to adapt and enhance what we are doing. This coupled with the fact that multicloud adds a lot of complexities is why Rackspace Technology has been so invaluable.”

“Multicloud provides a wide range of advantages for many organisations, but navigating the technical complexities takes a team of experts to master,” said Mahesh Desai, Chief Relationship Officer for EMEA at Rackspace Technology. “Our expertise in supporting customers at every stage in their cloud journey enables organisations like Plus500 to support their customers with secure critical financial data, removing the challenges of managing the technical infrastructure.”

About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

Media Contact

Devika Mistry
Rackspace Technology Corporate Communications
[email protected] 

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Hanzo Receives Grant From The Sustainable Innovation Fund with Innovate UK

Hanzo to tackle the increased “people risk” that dynamic and unmoderated content on collaboration platforms poses to organisations after the massive pandemic-induced shift to work-from-home.

New York, NY, Nov. 12, 2020 (GLOBE NEWSWIRE) — Hanzo, the company known for its pioneering technology in dynamic web content preservation from enterprise collaboration applications, complex websites, and social media, today announced being selected to receive a grant from the Sustainable Innovation Fund with Innovate UK to extend its flagship Hanzo Hold product to address workplace risk.

COVID-19 has accelerated existing trends to both ‘work from home’ and ‘work anywhere’. Hanzo’s project aims to reduce information security and HR risks created by inappropriate staff behaviour on collaboration platforms. 

The adoption of collaboration tools such as Slack is fundamentally changing the way people interact with one another. However, even after employees return to traditional offices, the use of collaboration platforms will continue (as will the risk of abuse) including both IT and behavioural risks.

‘Working from anywhere’ usually means taking hardware, and the information on that hardware, outside of the controlled environment of an office. This increases the risk that data may leak from an organization. This can include intellectual property, such as patent applications or embargoed press releases, as well as personal information, including financial details and national insurance numbers of employees.

Moreover, without proper policies and monitoring, online communications between employees can change how they interact with each other, potentially creating space for communications that could be considered discriminatory, racist, or harassing in nature. These communications unchecked can contribute to a hostile work environment and create risk for the organisation.  

“Organisations want to retain control over data, security, and protect their employees but are ill-equipped today to tackle the complexities of collaboration software,” said Hanzo CTO, Denis Maurin. “For information security, human resources and compliance, identifying risks early is paramount to reducing risk and is an opportunity to solve a costly and substantial unmet organisational need.” 

Aidan Randle Conde, Lead Data Scientist at Hanzo, commented, “Collaboration platforms lack powerful built-in capabilities for advanced content analysis. Analysis of collaboration content over time can help identify atypical patterns of behaviour. These can then be quickly assessed to determine if subsequent actions are warranted to protect employees and organisations, and support safe work environments that might include workplace training, policy enforcement, or further investigation.”

Innovate UK, as part of UK Research and Innovation, is investing up to £191 million to fund single and collaborative research and development projects as part of the Sustainable Innovation Fund over the next two years. The aim of these competitions is to help all sectors of the UK rebuild after the effects of COVID-19.

The Sustainable Innovation Fund is funding 1,103 projects, 1189 UK businesses, and totalling over £130 million in support across the UK.

Innovate UK Executive Chair Dr Ian Campbell said:

“In these difficult times, we have seen the best of British business innovation. The pandemic is not just a health emergency but one that impacts society and the economy.”

 “Hanzo, along with every initiative Innovate UK has supported through this fund, is an important step forward in driving sustainable economic development. Each one is also helping to realise the ambitions of hard-working people.”

Hanzo recognises that we live in an interconnected world, with many organisations working in multiple nations and jurisdictions. As the world becomes more connected, economies become more intertwined globally, and large organisations increase their reach into new markets. Although the innovation funding is British, its impact reaches far beyond the borders of the UK. 

Hanzo is in a uniquely strong position to meet the needs of businesses that use Slack and other enterprise platforms. Hanzo has always been a remote-first company, and we want to help other companies find the benefits of working remotely while mitigating against possible risks.

You can learn more about Hanzo’s project here https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/933304/Competition_Results_-_The_Sustainable_Innovation_Fund_Round_1__Temporary_Framework_.pdf

About Innovate UK

Innovate UK drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas. We connect businesses to the partners, customers and investors that can help them turn ideas into commercially successful products and services and business growth. We fund business and research collaborations to accelerate innovation and drive business investment into R&D. Our support is available to businesses across all economic sectors, value chains and UK regions. Innovate UK is part of UK Research and Innovation. For more information visit www.innovateuk.ukri.org

About Hanzo

Hanzo provides modern ediscovery and compliance software for enterprise organisations. Our solutions empower legal and compliance teams to efficiently manage the preservation, targeted collection, and review of dynamic content from enterprise collaboration applications, social media, and complex websites. Hanzo is SOC 2® Type 2 certified, demonstrating Hanzo’s commitment to data security and serves large corporations across the globe—giving them control, visibility, and context over their data to reduce cost and mitigate risk. Learn more at hanzo.co and follow updates on Twitter: @gethanzo or on LinkedIn.

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Sarena Regazzoni
Hanzo, Inc.
5034074208
[email protected]

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Flywire Releases Playbook to Help Travel Companies Accelerate Growth in 2021

Actionable tips help agents, operators and destination management companies across the world find new revenue streams and increase efficiencies

BOSTON, Nov. 12, 2020 (GLOBE NEWSWIRE) — Flywire, a high-growth vertical payments company, today released a playbook to help companies within the travel industry adapt to the changes brought on by COVID-19 and kickstart growth into 2021. The guide, “Bouncing Back 2021 Playbook: Tips, Trends, and Strategies for Resilient Travel Companies,” draws from industry experts to share actionable insights into how companies can grow their business despite the headwinds posed by the coronavirus.

“The coronavirus has upended the travel industry to such an extreme that, for most companies, the old way of doing business is not sustainable,” said Colin Smyth, head of travel at Flywire. “Consumers have completely reset their expectations for what constitutes a safe, yet enjoyable experience. By adapting to current customer demand and putting the right tools in place, travel companies will set themselves up for long term success.”

The key takeaways from Flywire’s new framework for travel companies include:

  • Adhere to updated Health & Safety Guidelines to mitigate risk. Follow the new standards set out by The ATTA and Cleveland Clinic to manage COVID-19 risk factors and create a safe environment for travel customers.
  • Reset Terms & Conditions to protect your business interests. Update your terms and conditions to include more transparent communication around refund and cancellation policies. This will help preserve cost and minimize risk for the business.
  • Adapt travel insurance policies to meet consumer demand. The Google search term “travel insurance” surged 92% once the coronavirus hit. Providing customized and flexible insurance policies will cater to the changing expectations of clients and protect the business from unanticipated events.
  • Master social media marketing to attract new customers. Effective social media marketing can yield significant ROI. Certain tips, like turning customers into content creators, will help grow your customer base overtime.
  • Digitize payments to reduce costs. Leverage a digital payment platform, like Flywire, to reduce fees, simplify processes, mitigate risk and improve the guest experience. 

Flywire and a team of industry experts will be hosting a live webinar that unveils the findings of the playbook in detail on November 12th at 12:00 pm ET. Interested participants can sign up here.

Resources

  • Read the complete report here
  • To find out how much your travel business can save, request a free payments assessment today at flywire.com/assessment.

About Flywire

Flywire is a high-growth vertical payments company trusted by organizations around the world to deliver on their customers’ most important moments. Unlike other companies, Flywire is proven to solve vertical-specific payment and receivables problems for organizations that deliver high-value services. Whether in education, healthcare, travel or technology, Flywire has vertical-specific insight and technology that allows organizations to optimize the payment experience for their customers while eliminating operational challenges. To date, Flywire has processed over $16 billion in total payments volume for over 2,000 clients around the world. The company is headquartered in Boston, USA and has offices around the world. For more information, visit www.flywire.com. Follow Flywire on Twitter, LinkedIn and Facebook.

Media Contacts

Sarah King
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Prosek Partners (US)
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CC Group (UK)
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