SafeGuard Cyber Wins 2020 Campus Safety Best Award Via Campus Safety Magazine


CHARLOTTESVILLE, Virginia, Aug. 17, 2020SafeGuard Cyber, the leading SaaS platform offering digital risk protection for modern communications, today announced that it has been recognized by Campus Safety Magazine as a winner of the 2020 Campus Safety BEST Awards for Incident Response & Records Management Software, honoring superior products and services for hospital, school and university protection professionals.

The COVID-19 crisis has thrown many educational institutions into uncharted territory, with infosec leaders forced to rapidly adopt virtual learning technologies, from K-12 to the university level. This new paradigm brings unique cybersecurity challenges and risk. However, the virtual campus can be comprehensively secured when endpoint protection is combined with powerful digital risk protection.

"Administrators are confronting new and unfamiliar security issues, from ransomware to monitoring digital platforms for cyberbullying, and maintaining the meticulous records required for legal recourse and conflict mediation," remarked Jim Zuffoletti, co-founder and CEO of SafeGuard Cyber. "We’re grateful to receive the 2020 Campus Safety BEST Award in recognition of the technology we’ve built to help educational institutions foster a safe remote learning environment."

"The volume and velocity of digital communications is a unique security challenge," according to Otavio Freire, SafeGuard Cyber’s co-founder and CTO. "One school we’re protecting saw 1200 students generate over 125,000 messages in the first 10 days. At that scale, you need machine learning to flag risks in real time, and in any language to serve today’s diverse student communities."

The 2020 Campus Safety BEST Awards recognize superlative security, law enforcement, emergency management and safety solutions for K-12 campuses, institutions of higher education and healthcare organizations.

"Campus Safety magazine takes pride in focusing on content that helps protection professionals in the healthcare and education markets keep their students, teachers, patients, visitors, and campuses safe and secure," says Robin Hattersley Gray, executive editor of Campus Safety.

The SafeGuard Cyber platform empowers schools to detect and quarantine problematic messages inside of these apps, while flagging inappropriate conduct like obscene language and violent speech, effectively scaling cyberbullying and harassment compliance online. 

ABOUT SAFEGUARD CYBER
SafeGuard Cyber is a Charlottesville, Virginia-based company with a cloud-based platform that empowers organizations to use social and digital channels securely, compliantly, and at the scale of global business. With coverage across more than 50 channels, SafeGuard Cyber helps security, compliance, and communications teams work better together. Its customers include Global100 enterprises, small businesses, municipalities, and national governments. For more information, visit www.safeguardcyber.com/education.

Logo – https://mma.prnasia.com/media2/963658/SafeGuard_Cyber_Logo.jpg?p=medium600

Related Links :

https://www.safeguardcyber.com/

Huya Announces Formation of Special Committee to Consider Proposal from Tencent

GUANGZHOU, China, Aug. 17, 2020 — HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that its Board of Directors (the "Board") has formed a special committee consisting of two independent directors, Mr. Hongqiang Zhao and Mr. Tsang Wah Kwong, to consider the previously announced preliminary non-binding proposal set out in an August 10, 2020 letter from Tencent Holdings Limited. Mr. Zhao chairs the special committee. The special committee has retained Citigroup Global Markets Inc. as its independent financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP as its U.S. legal counsel.

The Board cautions the Company’s shareholders and others considering trading in its securities that no decisions have been made with respect to the Company’s response to the proposal. There can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required under applicable law.

About HUYA Inc.

HUYA Inc. is a leading game live streaming platform in China with a large and active game live streaming community. The Company cooperates with e-sports event organizers, as well as major game developers and publishers, and has developed e-sports live streaming as one of the most popular content genres on its platform. The Company has created an engaged, interactive and immersive community for game enthusiasts of China’s young generation. Building on its success in game live streaming, Huya has also extended its content to other entertainment content genres. Huya’s open platform also functions as a marketplace for broadcasters and talent agencies to congregate and closely collaborate with the Company.

Safe Harbor Statement 

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of 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" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Huya’s strategic and operational plans, contain forward-looking statements. Huya may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Huya’s beliefs and expectations, are forward-looking statements. 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: Huya’s goals and strategies; Huya’s future business development, results of operations and financial condition; the expected growth of the game live streaming market; the expectation regarding the rate at which to gain active users, especially paying users; Huya’s ability to monetize the user base; fluctuations in general economic and business conditions in China; the impact of the COVID-19 to Huya’s business operations and the economy in China and elsewhere generally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Huya’s 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 Huya does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact: 

In China:

HUYA Inc.
Investor Relations
Tel: +86-20-2290-7829
E-mail: ir@huya.com

The Piacente Group, Inc.
Jenny Cai
Tel: +86-10-6508-0677
E-mail: huya@tpg-ir.com

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com

Related Links :

http://www.huya.com

The Acer Predator Helios 300 (2020) In-Depth Review – At MYR 5,199; Value Has a New Name

The Movement Control Order, as we know it in Malaysia, or the sanctioned quarantine at the height of the COVID-19 pandemic (it is not over, by the way) really opened our eyes to plenty of things. It revealed the human ability to adapt to any situation and still survive. It also proved that our technology is ready to handle the situation and give us the kind of flexibility we need in that time of need.

But it also opened a whole other can of worms. Once we started working from home, we realised just how easily we can be productive without being in a professional environment. We also realised that the line between work and leisure is blurred to the point that we cannot see it. In that sense, we tend to be workaholics at home. Time for a change of lifestyle then, a new schedule.

You realised something too. You do not have much entertainment at home. You did not buy a TV because you tend to not be home until quite late in the evening. By that time, you just want to relax, wind down, watch a video or two on your smartphone or notebook, and then sleep. A TV is unnecessary at the time.

Other forms of entertainment get neglected too. Your gaming PC at the corner has collected so much dust that it looks like an ancient relic. You stopped playing that much games because you tend to stay out until its dark and you are sleepy. You want to play games, but you just do not have the energy for it in the past. In the current work-from-home situation though, you realise you have plenty more time to play games. But your Gaming PC is now old and slow. Time to buy a new Gaming PC.

You decide that its best to get a Gaming Notebook because it is the most convenient form of gaming PC to date. You can bring it around when you need to move, you can use it for work, you can watch movies on it, you can play music on it, you can have a LAN party at your friend’s place. It is the most versatile entertainment powerhouse in the world of entertainment powerhouses.

Which one do you go for though? What kind of budget do you stick to? There are so many choices out there at this point? What if you do not have more than MYR 6,000 to spend on one? What is the latest one in the market?

One of the latest gaming notebooks to arrive in Malaysia is the Acer Predator Helios 300. We heard somewhere too that the device was actually planned for an earlier release to no avail. That was due to the COVID-19 pandemics and its disruption toward the logistics industry globally. We do not blame them. It is also priced below MYR 6,000 at MYR 5,199, way below. In short, it sounds like one of the best deals to get if you are in the market for a gaming notebook. Is it though? Let us find out.

Design

The Acer Predator Helios 300 for the 2020 has been updated a little bit from before. The Acer Predator Helios 300 2020 gets pretty much the same GPU set up as before, same RAM size as before, and the same cooling internals. That is where the similarities end though.

The Predator Helios 300 is now packing more power with an Intel Core i7-10750H. With that, it also gets a slightly updated look. Gone is the ‘PREDATOR’ word logo on the cover. You get a much cleaner look on the back of the display now, which is the top clam of the notebook. The mascot logo is still there though, giving you some hints of the power contained within the all-aluminium body.

The power lines that frames the logo is still there too. The powerlines are as iconic as ever, in Predator’s signature blue. Sadly, only the logo in the center of the clam lights up with LED. We feel that the power lines deserve their own LED array to let others know that it means business.

The angled edge still stays, a staple now to Acer’s gaming line-up, including their Nitro series. The angles on the display clam is still a little sharp, but that is not a huge issue, considering that you rarely have contact with that part of the notebook.

The sharp edges that lines the palm rest surface though has been chamfered. They are still a little sharp on the ends, but at the same time the chamfered edges does make it a bit more comfortable for your palms and wrists. That chamfered edge is now chromed all the way too though, to add to some flair to how the device looks on your desk.

Open it up, and you will find, greeting you, is an expansive 15.6-inch IPS panel. With bezels remaining as thin as ever, but not too thin that it becomes awkward for Acer to find creative ways to mount their 720p HD webcam. Of course, we are still hoping that manufacturers include their own window or cap for the webcam just for our safety. At this point of time though, webcam spaces are a premium, so we may not see a webcam window anytime soon.

Look down and you find a full-size keyboard with proper physical number pad section. Instead of a single colour backlit keyboard, it is now a 4-zone RGB keyboard you can control with Predator Sense built into the notebook. There is a dedicated Predator Sense key too on the keyboard for you to access it quickly. I would have preferred a separate dedicated button though this arrangement by Acer makes everything look cleaner and more compact.

If you look closely too, you will see a ‘Turbo’ button on the top left corner of the typing surface. The new slits at the forehead of the keyboard are not speakers, by the way. They are extra cooling vents for the powerful 4th generation 3D Aeroblades. The ‘Turbo’ button is nestled right beside the vents.

This ‘Turbo’ button now lights up when you press it. Instead of just relying on your ears to see if the cooling fans go crazy or not, you can leave your headphones on and check the button instead. Although, the LED is not an expected Predator blue. Instead it is a plain white LED backlight. I would have liked it if it was Predator blue LED backlit. Then again, it could be less visible.

Around the sides, you find all the right interface ports, including a full HDMI out port and a Mini DP port. The charging port though has been moved to the back of the notebook. That also means that there is a big plate now in the middle of the back of the notebook, sacrificing some cooling vent space (hence the extra vents on top of the keyboard). We prefer this set up though, at least the charging cable will not cover anymore ports or vents. The large plate that houses the charging mechanism is quite large and sparse though. We would have liked to see an HDMI port moved there, the Mini DP port should belong there as well, and maybe an extra USB port on the plate.

Other than these things, the changes in design is now more internal. Instead of having an extra HDD slot on top of the 512GB SSD on the device, you now get an extra SSD and HDD slot on top of the 512GB SSD. Because of the new I/O layout too, they have to move the 3D AeroBlade fan a little bit, further apart to the sides. But they have also redesigned the heat pipes and tweaked their routing to make them a bit more efficient and effective, resulting in an improved cooling performance, despite the reduced intake vent surface area.

Hardware

Within the redesigned body, you are getting the same Intel Core i7-10750H as the Acer Nitro 5 we reviewed earlier. You can opt for a cheaper Core i5 edition, but we would suggest that you consider the Acer Nitro 5 then. Still, this one is in a league of its own. It is a Predator, and this one is just MYR 300 more than the top-of-the-line Acer Nitro 5.

For that MYR 300 extra, you are getting a better GPU too. It is just a step up from the NVIDIA GeForce GTX 1660Ti, but the NVIDIA GeForce RTX 2060 is still a much more superior GPU with DLSS 2.0 capabilities and proper ray tracing. In those alone, we do think that the Acer Predator Helios 300 will be a better buy.

If you are in the market for a thin and light though, you might want to look away. It is quite a hefty package, this Helios 300. It weighs 2.5kg and is just about as thick as the Acer Nitro 5 that weighs in at 1.8kg. Remember though that this Helios 300 is mostly constructed with Aluminium.

Specifications

Acer Predator Helios 300 PH315-53-77CFAs Tested
Processor (clock)10th Generation Intel Core i7-10750H
(six-core@2.6GHz)
GPUNVIDIA GeForce RTX 2060
Display(s)15.6-inch IPS LED-backlit (1920 x 1080)
ComfyView
144Hz
Memory512GB NVME M.2 SSD
8GB DDR4 RAM
Networking and Connections (I/O)3 x USB Type-A
1 x USB 3.2 Gen 2 Type-C
1 x Standard HDMI 1.4
1 x Audio combo jack
1 x Network RJ-45
Intel Wi-Fi 6 Gig+ (802.11ax)
Bluetooth 5.0
Battery4-cell Li-Polymer
Operating SystemWindows 10 Home (64-bit)
MiscellaneousDTS:X Ultra Audio

Features

As we have mentioned before, most of the changes are in the internals of the Acer Predator Helios 300. The size has not changed, nor the weight. Plenty of the changes seem quite minor at first, but they do add up to an improved product over its previous one though.

For starters, we like how much cleaner the new Helios 300 for 2020 looks compared to the rest of the previous generation Acer predator notebooks. We can expect this kind of design as well moving forward with other Acer Predator products. The chamfered edges are a big plus in our books because it does help with typing comfort a little, despite the still sharp angle at the ends. But there are more to this notebook than just small improvements.

New Body, New Positions

Like the Acer Nitro 5 that we reviewed earlier last month, the Acer Predator Helios 300’s charging port is now at the back. This, in our opinion, is a big ergonomic improvement. Because of the angled design of the charging cable from Acer (slightly wider power brick for the 2020 version), the cable tends to cover either your I/O ports at the side or the exhaust vents.

You either restrict airflow, or block your ports, which gets very annoying in plenty of cases. Acer will not completely overhaul the cables a well, because a straight plug will disrupt your mouse experience, especially when you game. To right handers, it is a simple solution of moving the charging port to the left side of the device. That is discriminating left-handers though. So, the back is the most sensible choice.

The only complain we have, as mentioned is that the back plate that houses the charging internals is a little on the sparse side. We felt that the Mini DP port and HDMI port should be moved to the back alongside a full-sized USB port or USB Type-C port. Yes, go with what Lenovo has done with their Legion line-up, we like that.

4-Zone RGB Keyboard That is Even Better

Typing essays on the previous Acer Predator Helios 300 was not really a chore to begin with. We find that the keyboard on most gaming notebooks have improved tremendously, especially on Acer Predator notebooks. We feel like they have started understanding that gaming notebooks are still productivity machines when you need them to be. Typing experience is still an important part of a notebook PC.

In that sense, the 2019 version of the Helios 300 is a comfortable typewriter. The key travels cannot be compared to any mechanical keyboards, but they are still easy to work with. They give you enough feedback with some very soft tactile feel. We somehow feel also that the keyboard would be the best that they could have made it.

The 2020 variant though has a better keyboard than before somehow. The keys somehow feel a bit more tactile than we are used to with Acer’s island type individual keys. There is no difference between key travels between the 2019 variant and 2020 variant. The softness and mushiness are much reduced, and the typing experience somehow is made much more comfortable. No, you still cannot compare it to a mechanical keyboard, but it is a good keyboard to work with when you are out and about. Not everyone carries their mechanical keyboards in their bags.

You still get highlighted ‘WASD’, arrow, and Predator Sense keys on the Acer Predator Helios 300. Instead of choosing a single backlight colour though, you can go for multiple colours across four zones on the keyboard this time. You simply fire up Predator Sense to change the settings.

The chamfered edge that lines the bottom of the keyboard plate, is a life saver. At least the edges do not cut into your palms or wrists anymore. We think that rounded off edges or chamfered edges on notebooks should be a thing. It is a small difference that really changes your comfort levels with the device.

Predator Sense + 4th Gen 3D AeroBlade = Stone Cold

The subtitle might be a little of an exaggeration. But to be fair, the combination of the two really works. Because you do not have the restriction of space like you get in a Triton notebook, the Helios 300 can work with bigger intake and exhaust fans and vents. That allows even more air to pass through your hot internals and keep them properly cool.

If you’ve read our review of the Acer Nitro 5, you would have noticed that we mentioned that Nitro sense is not quite as powerful as Predator Sense. That is because Nitro Sense does not do overclocks, while Predator Sense does.

Strangely you cannot really tweak the overclocking settings on your own, not that this information is anything new. Acer do not really want you to cook your internals just for the sake of proving a point. This is as much about protecting you as it is protecting the PC and themselves.

Predator Sense clocks up your CPU and GPU to speeds that the manufacturers deem safe and plausible enough for their fans to keep them at their optimum temperature. Of course, this is done when you kick ‘Turbo’ mode on. The fans go at its fastest too, to ensure maximum airflow for the Helios 300. Nope, you cannot turn the fan down.

In default mode though, the fan is relatively quiet and peaceful. It is still powerful enough technically to run Horizon Zero Dawn at ‘ultimate’ settings and not go overboard with the noise. It does get hot though after a while and you still might want to kick ‘turbo’ mode on, just to manage its temperature.

In any sense though, we never got the feeling that the Acer Predator Helios 300 is ever going to overheat, especially when you turn on ‘Turbo’ mode when ou need a little bit of horsepower. We turn on ‘Turbo’ mode even when we are editing our videos. We also think that the full aluminium top of the Helios 300 does help a little bit in heat dissipation.

Performance

You can safely expect this generation of Acer Predator Helios 300 to really perform. Will it be that much more powerful? I doubt, but it will still be powerful. It is still one powerful device with a 10th Generation Intel Core i7-10750H processor that replaces the older 9th Generation six-core processor. But you still get the same NVIDIA GeForce RTX 2060 on the graphics end, which is still something of a powerhouse.

Gaming

Of course, we have to talk gaming, this is a gaming notebook after all. We tried games like Ghost Recon: Breakpoint, Horizon Zero Dawn, Assassin’s Creed: Origins, and Two Point Hospital on it. They are not the latest or most demanding games in the market, but Ghost Recon: Breakpoint can be quite taxing on even the most modern of hardware.

The latest, in terms of PC release date, among all the games is Horizon Zero Dawn. It is not the most demanding of games, but we were still excited to play it on the powerful Acer Predator Helios 300. For Horizon Zero Dawn though, you do not necessarily need an NVIDIA GeForce RTX 2060, it could be just slightly overpowered even when you go on ultimate settings. Technically you will do fine even with an NVIDIA GeForce GTX 1660Ti to get the game on ultimate settings.

Of course, for titles like Assassin’s Creed: Origins and Ghost Recon: Breakpoint, hardware will be a little taxed. Still, if we leave the game to decide the best settings for the Helios 300, you are sure to be getting smooth gameplay without too big of an issue. Ghost Recon: Breakpoint can be a little buggy on certain hardware though, so we might have to take that with a pinch of salt. Still, the game clocked at least 40fps in most cases only dropping frames in very few occasions.

Assassin’s Creed Origins is quite an old title to be fair. It is still a beautiful game to work with and requires quite a little bit in rendering power thanks to the vast open world that is ancient Egypt. Still, everything went down smoothly at high settings with fps reaching 120 at some points.

The last title we tested the Helios 300 is Two Point Hospital. That is a game that does not require that much at all to be fair, so you can expect it to run as smoothly as possible with near zero hiccups other than the game’s bugs. You can safely leave the settings at the highest for the game and you will still have no trouble running it even without ‘Turbo’ mode on. Of course, thanks to IPS display and 144Hz, Two Point Hospital looks excellent on the Helios 300.

Bye Bye Wave NX, Hello DTS: X Ultra

The previous generation of Acer’s Predator Helios 300 comes packing Acer’s own Wave NX audio technology. They are not bad, per se. They are just not as polished as we would like them to be.

With Wave NX in the previous generation Acer Predator notebooks, you get Virtual 3D audio if you are using your headphones. Regardless of the headphone make and type, Acer’s Wave NX solution, by default, will adjust the audio according to your head’s placement and movement. This is done via the webcam as well. To create an audio room for you.

While it sounds great in concept, and works nicely to a certain degree, it is inconsistent at times. That feature is removed in favour of conventional speakers. Except, the speakers are not that conventional thanks to DTS: X Ultra tuning.

While audio from notebooks generally lack low-frequency punches, the Acer Predator Helios 300 does have a little bit in thumping. It is not as powerful and defined as what you get if you have proper sub-woofers, but it is enough to enjoy your music with. You do want to have the DTS: X audio software turned on though to make full use of the DTS: X Ultra tuned speakers.

The software allows you to choose between a few audio profiles that is designed for specific uses. If you want to, you can tune the audio on your own too and save is a custom profile. Still, the pre set profiles does a stellar job on their own though. Unless you know what you are doing, best to leave the settings alone.

The speakers are quite loud at full chat, which could be a big distraction to other people in the same room as you are. Thank goodness they still have a 3.5mm jack for you to plug your headphones in for a more personalised listening experience. DTS: X will adjust the audio to that too.

Overall, there is technically not much to shout about in the sound department. Audio is crisp, and you can push it to maximum volume without getting your music to tear at the top. While it could use more low-end grunt, it is still respectable considering that the notebook does not pack a sub-woofer.

Battery

While they did quote that the new 10th Generation Intel Core processors are more efficient in power consumption, we did not actually notice that much in terms of power efficiency bump. There are no specific mentions on the battery life you can get out of the 4-cell battery within Acer Predator Helios 300 from Acer themselves. We did however get about 4 hours of battery life on average with the Acer Predator Helios 300.

Our average use on battery does not include gaming. We mostly have our browser on, sometimes you get 20 tabs out of Firefox, some email checking via Thunderbird or the browser itself. Spotify is on most of the time while we are on the go, of course with earphones plugged in. We did watch some YouTube videos on battery as well, that could take a little bit of toll on the battery life. Oh, we also tend to turn our display brightness settings all the way up.

Still, we managed nearly six hours of battery use at one time before it goes flat. In that case, we turned on battery saving mode immediately after we unplugged it from the charger. In that use case, we did not have Spotify on, the browser was closed as well, and we were only using Microsoft Word in full time in the lowest possible display brightness that we can work with.

Display – 144Hz IPS Dream Like Before

The display, as mentioned, is still similarly sized. It is also still a 144Hz display like before, not a 240Hz unfortunately. Acer did claim that the 15.6-inch display is an IPS panel. That also means that you are getting vibrant and accurate colours for your viewing pleasure.

Of course, you have to remember that this is a gaming notebook. It will not be the most accurate display that you will find on a notebook. IPS display still offers a great viewing experience though. It is still good enough for you to work with colours in videos and photos though. Of course, if you want something with better colour accuracy, you might need to get a secondary display to attach to your PC.

Still, the colours are still quite vivid for a gaming notebook. That also means that you might be able to really enjoy movies and other forms of media on this gaming rig. Thanks to the DTS: X audio too, you do not need to plug in your headphones to enjoy movies on your own.

While 144Hz may not be the fastest display that you might be able to get on a notebook PC it is fast enough for most to enjoy. In this case you get to load up games at up to 144fps. If you are thinking of titles like GTA V or DOTA 2, you will get about 120 to 144fps easily with the kind of hardware The Helios 300 has.

Of course, if you are into competitive gaming, you might want something even higher than 144Hz. Thing is, you may not really need that kind of speed on your display. Your eyes might not even be able to tell the difference between a display refreshing at 120hz and 240hz. In that sense, 144Hz is more than enough for most of us. If you go for the modern AAA titles, you might not even hit 120Hz.

As we said earlier too, the bezels have not really changed from the 2019 Helios 300 to the 2020 variant. They did not go the route of completely redesigning a gaming notebook from the 2019 to 2020 models. They technically did not have to since the only big difference between the two generations is the processor. Still, we do think that they should stick to a slightly wider top and bottom bezel area just so that you can fit properly sized keyboards and properly placed webcams.

The webcam is still a 720p HD webcam though. Nothing too wrong with that, technically. Plenty of notebooks still work with 720p webcams. But we are in 2020 now, 720p is so last decade. We think that notebooks should move to a Full HD webcam format now.

The Acer Predator Helios 300 – Seriously, Why Not?

For MYR 5,199, we seriously think that this package is quite hard to beat. Its closest competitor, we think, is the ASUS ROG Strix G15. While that particular device comes with a 1TB SSD and 16GB RAM, you are paying a hefty MYR 6,699 for largely the same internals. That is more than MYR 1,000 compared to what you are paying for the Acer Predator Helios 300. If you do opt to get another 8GB RAM and 512GB SSD to match, you are still paying less for the Acer Predator Helios 300.

You may be getting less too, in terms of outrageous looks on your PC. The whole point of the Predator Helios 300 though is to blend in a little bit. It is to make sure that no one takes a second look at you when you sport the notebook in your favourite cafés. Plus, you can have your lightshow with the 4-zone RGB keyboard that you can set different profiles on anyway.

By default, the PC is relatively quiet anyway, that also means you can use it in the library and the person next to you will not complain about excessive wind noise. It can be within your production room not too far away from your recording mic too and you barely notice its there. It is only when you decide to ‘accidentally’ hit ‘Turbo’ that all hell breaks loose.

It is not a flashy hardware and it is not meant to be. In that sense, we love it. We love how it looks, how unassuming it is. We love that some may not be able to tell it apart from other Predator products. We love how Predator has stuck to one design choice and work with that identity. We love that we can change the RGB to a single colour the whole way (I am not that big of a fan on RGB). We love the price, as it is you are not paying an absurd amount of money for a top performer. We love its value, its versatility, and its practicality. We even love how it sounds (audio, not the cooling fans), though most of the time I use headphones with it.

Yes, there are some things we do not like too much about it, but we are nitpicking. We would like it to be a little lighter, for example. We also would like to start seeing notebooks coming with 1080p webcams. Maybe a 240Hz display would be really nice too, but that will push its price point up by a little bit.

Would we recommend this package? We would, very strongly. At MYR 5,199, nothing can come close to this performer. You really do not want to pass this up. You can even get your hands on it without going out of home within their online store. At this time, you really do not want to be leaving your homes too much. In that case; get this gaming notebook, and lock yourselves in for days with nothing but you and your games.

Clarivate Launches the Arabic Citation Index in Egypt

Journal submissions now open to journals from across the 22 Arab League countries

LONDON, Aug. 17, 2020 — Clarivate Plc (NYSE:CCC), a global leader in providing trusted information and insights to accelerate the pace of innovation, has now launched the Arabic Citation Index™ (ARCI), the world’s first local language citation index for the Arabic world in Egypt.


The ARCI is funded by the Egyptian government, and is available across the entire research community in Egypt. It is also open to journal submissions by editors of Arabic-language journals and will be open to researchers and organisations in all 22 nations of the Arab League by the end of 2020.

Powered by the Web of Science™, the world’s largest publisher-independent global citation index, the ARCI provides access to bibliographic information and citations to scholarly articles from over 400 expertly curated Arabic journals, with language interface in both English and Arabic. The indexing of Arabic publications will provide local scientific communities with improved routes to collaborating with national, regional, and international research efforts – extending the Arabic academic footprint.

The ARCI is now open for journal submissions. Journals will be selected by an expert, publisher-neutral editorial board from across Arab League Nations, who will provide regional insights and subject knowledge. Journals are eligible for inclusion if they meet the selection criteria, which require peer-reviewed and accessible content. The editorial board will consider trends in local research pursuits and publishing activity in the region.

Mukhtar Ahmed, President, Science Group at Clarivate said: "The Arabic Citation Index, hosted on the Web of Science, will provide scientific communities across the Arabic world with the ability to make their journals, and the discoveries within them, more accessible within their region and beyond. It will connect papers in Arabic journals to more than 1.7 billion cited references and the highest quality research from across the globe.

"The ARCI is a significant endeavour created in close partnership with the Egyptian government and represents the latest in a long series of developments and investments in the Web of Science platform. We believe that it will enable human ingenuity in the region, helping Arabic researchers and editors turn their discoveries into life-changing inventions."

Dr. Tarek Showki, Minister of Education & Technical Education, Egypt, President of Egyptian Knowledge Bank Project said: "We are delighted to see the ARCI launch. It has long been part of our 2030 Vision to transform Egypt into a ‘knowledge economy’ and will be the first ever mapping of Arabic scholarly literature in a citation index, helping us to evaluate the quality and research output of Arabic researchers, universities and research organizations."

Eng. Majid Al Sadek, Director of The Egyptian National Scientific and Technical Information Network (ENSTINET) added, "The indexing of Arabic publications will now provide our local scientific communities with the ability to contribute to not only national and regional research efforts but also internationally, helping us to extend the Arabic academic footprint further." 

Mrs. Ola W. Laurence, Independent Consultant for the Professional Services of Egyptian Knowledge Bank was instrumental in driving this initiative forward.  She added, "This important project will make Arabic scholarly content more accessible, connecting it to more than 1.7 billion cited research references and the highest quality, peer-reviewed scholarly content from across the globe. I believe it will help drive usage of local content, as well as providing access to the highest-quality, peer-reviewed content from around the world."

For more information on selection criteria, see the brochure, and click here for more information on how to submit a journal.

Notes to editors: The ARCI will be the fifth regional citation index developed by the Web of Science, alongside the Chinese Science Citation Database™ SciELO Citation Index™, Russian Science Citation Index™ and the KCI-Korean Journal Database™.

Contact details:

Amy Bourke-Waite
Director of External Communications, Science Group
Media.enquiries@clarivate.com

About Clarivate

Clarivate™ is a global leader in providing trusted information and insights to accelerate the pace of innovation. We offer subscription and technology-based solutions coupled with deep domain expertise that cover the entire lifecycle of innovation – from foundational research and ideas to protection and commercialization. Today, we’re setting a trail-blazing course to help customers turn bold ideas into life-changing inventions. Our portfolio consists of some of the world’s most trusted information brands, including the Web of Science™, Cortellis™, Derwent™, CompuMark™, MarkMonitor™ and Techstreet™. For more information, please visit clarivate.com.

About the Egyptian Knowledge Bank

The Egyptian Knowledge Bank is a national project launched in November 24th, 2015 by the President of Egypt, Abdel Fattah el-Sisi, to offer each Egyptian citizen with the chance to learn, think and innovate. The Egyptian Knowledge Bank is the largest digital library and online knowledge hub providing students, researchers and all Egyptians with access to free education and scientific publications in various branches of knowledge.

Forward-Looking Statements 
This press release and any statements included herein may contain forward-looking statements regarding Clarivate. Forward-looking statements provide current expectations or forecasts of future events and may include statements regarding results, anticipated synergies and other future expectations. These statements involve risks and uncertainties including factors outside of the control of Clarivate that may cause actual results to differ materially. Clarivate undertakes no obligation to update or revise the statements made herein, whether as a result of new information, future events or otherwise. 

Logo – https://mma.prnasia.com/media2/1159266/clarivate_analytics.jpg?p=medium600

GSX Techedu to Report Second Quarter 2020 Financial Results on September 2, 2020

BEIJING, Aug. 17, 2020 — GSX Techedu Inc. (NYSE: GSX) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today announced that it will report its financial results for the second quarter ended June 30, 2020, before U.S. markets open on September 2, 2020.

GSX’s management will hold an earnings conference call on Wednesday, September 2, 2020, at 8:00 AM U.S. Eastern Time (8:00 PM on the same day, Beijing/Hong Kong Time). Dial-in details for the earnings conference call are as follows:

International:              

1-412-317-6061

US:                             

1-888-317-6003

Hong Kong:                

800-963976

Mainland China:         

4001-206115

Passcode:                    

4536408

A telephone replay will be available two hours after the conclusion of the conference call through September 9, 2020. The dial-in details are:

International:  

1-412-317-0088

US:                 

1-877-344-7529

Passcode:        

10146943

Additionally, a live and archived webcast of this conference call will be available at http://gsx.investorroom.com/.

About GSX Techedu Inc.      

GSX is a technology-driven education company and leading online K-12 large-class after-school tutoring service provider in China. GSX offers K-12 courses covering all primary and secondary grades as well as foreign language, professional and interest courses. GSX adopts an online live large-class format to deliver its courses, which the Company believes is the most effective and scalable model to disseminate scarce high-quality teaching resources to aspiring students in China. Big data analytics permeates each aspect of the Company’s business and facilitates the application of the latest technology to improve teaching delivery, student learning experience, and operational efficiency.

For more information, please contact:

GSX Techedu Inc.
Ms. Sandy Qin, CFA
E-mail: ir@genshuixue.com

Christensen

In China
Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: Eyuan@christensenir.com

In US

Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@christensenir.com

Related Links :

http://www.genshuixue.com

Sai Life Sciences opens new, state-of-the-art Research & Technology Centre in Hyderabad

– Completes first phase in committed investment of US$ 150M (> INR 1000 Cr)

– Sri KT Rama Rao, Hon’ble Minister for Industry & Commerce and IT, Government of Telangana inaugurates the facility

HYDERABAD, India, Aug. 17, 2020 — Sai Life Sciences, one of India’s fastest growing Contract Development & Manufacturing Organizations (CDMOs), today announced the inauguration of its new Research and Technology (R&T) Centre in Hyderabad, India. Sri K T Rama Rao, Hon’ble Minister for Industry & Commerce and IT, Government of Telangana formally inaugurated the facility in the presence of other dignitaries.

Sai Life Sciences New Research & Technology Centre
Sai Life Sciences New Research & Technology Centre

Speaking on the occasion, Sri KT Rama Rao said, "I’m very happy that the esteemed leadership of Sai Life sciences has considered Telangana for setting up their new R&D centre. Life Sciences is one of the key focus sectors for the Government of Telangana. Hyderabad serves more than 1000 global innovators in their vision to develop innovative and affordable medicines for the world. I sincerely congratulate the entire team of Sai Life Sciences, not only for the new Research & Technology Centre but, also for their work towards the development and manufacturing of new life saving medicines."

Built with an aspiration to achieve the best global benchmarks in lab infrastructure, the new R&T facility has several unique aspects such as intelligent & ergonomic lab design to enhance safety and productivity, advanced automation for seamless data capture during process development, lean & 5S approach to enhance productivity and collaborative workspaces for engendering innovation.

Making the announcement, Krishna Kanumuri, CEO & Managing Director of Sai Life Sciences said, "Our philosophy behind building this new facility was to go beyond what the norm is in India and to create what our global innovator partners expect in their inhouse capabilities." He further added, "We are an example of what is possible in Hyderabad’s rich life sciences ecosystem. Today, as we build world class R&D capabilities and invest in nurturing talent with deep domain expertise, I can unhesitatingly say, Hyderabad is truly a city where pharma dreams are made."

The new 83,000 sq.ft. (7700 sq.m.) facility houses state-of-the-art research capabilities and advanced technology platforms, augmenting the company’s capabilities in providing superior scientific solutions to its pharma and biotech innovator customers globally. It has 24 chemistry labs with 250 fume hoods, analytical labs, fully equipped technology suite and a dedicated process safety lab.

Sai Life Sciences began a process of organizational transformation in 2019 reinventing itself as a new generation global CDMO. Through this initiative, named Sai Nxt, the company is investing over US$ 150M (> INR 1000 Cr) to expand and upgrade its R&D and manufacturing facilities, induct top-notch global scientific and leadership talent, strengthen automation and data systems, and above all raise the bar for safety, quality and customer focus.

About Sai Life Sciences
Sai Life Sciences is a full-service CDMO driven by a vision to support the launch of 25 new medicines by 2025.  It works with innovator pharma and biotech companies globally, accelerating the discovery, development and manufacture of complex small molecules. A pure-play CDMO, Sai Life Sciences has served a diverse set of NCE development programs, consistently delivering value based on its quality and responsiveness. Today, it works with 7 of the top 10 large pharma companies, as well as several small and mid-sized pharma & biotech companies. Sai Life Sciences is privately held and backed by global investors, TPG Capital and HBM Healthcare Investments. https://www.sailife.com/

Photo: https://techent.tv/wp-content/uploads/2020/08/sai-life-sciences-opens-new-state-of-the-art-research-technology-centre-in-hyderabad-3.jpg  
Photo: https://techent.tv/wp-content/uploads/2020/08/sai-life-sciences-opens-new-state-of-the-art-research-technology-centre-in-hyderabad.jpg  
Logo: https://techent.tv/wp-content/uploads/2020/08/sai-life-sciences-opens-new-state-of-the-art-research-technology-centre-in-hyderabad-2.jpg

Inauguration of Sai Life Sciences’ New Research & Technology Centre. Seen in the picture from left to right – Krishna Kanumuri, CEO & MD Sai Life Sciences, Sri K T Rama Rao, Hon'ble Minister for IT, Industries, MA & UD and Jayesh Ranjan, Principal Secretary to Government Industries and Commerce
Inauguration of Sai Life Sciences’ New Research & Technology Centre. Seen in the picture from left to right – Krishna Kanumuri, CEO & MD Sai Life Sciences, Sri K T Rama Rao, Hon’ble Minister for IT, Industries, MA & UD and Jayesh Ranjan, Principal Secretary to Government Industries and Commerce

 

 

Oucica Will Release Its New Photocatalyst Air Purifier to Markets in Late August

SHENZHEN, China, Aug. 15, 2020 — Oucica, a Sub-brand of Huntkey, expert of air purification solutions will release its desktop air purifier DJ010 in the late of August. Like its previously released air purification products, the DJ010 is still developed and manufactured by photocatalyst technology. Different from the previous products, DJ010 is smaller and more suitable for use in small spaces such as desktops and cars.

https://en.huntkey.com/wp-content/uploads/2020/08/oucica-desktop-air-purifier.jpg

What is Photocatalyst?

Photocatalyst is a general term for photo-semiconductor materials with photocatalytic function represented by nano-sized titanium dioxide. It is coated on the surface of the substrate and produces strong catalytic degradation function under the action of ultraviolet light and visible light. Photocatalyst can effectively kill bacteria and virus in the air and decompose harmful substances in the air into water and carbon dioxide. It is a ideal solution for removing formaldehyde, deodorizing, anti-pollution and purifying air.

Reasons to choose Oucica DJ010

Reliable and stable technology

Oucica uses patented spraying technology to uniformly spray titanium dioxide on the surface of the substrate, which is firm and durable, and the addition of antibacterial metal to further enhance the performance of ordinary photocatalyst.

No consumable material design

When Oucica DJ010 works, the air will first pass through the preliminary filter, which can be washed with water. The photocatalyst filter can usually be used for a lifetime without cleaning. There is no problem removing it for cleaning if users want.

Exquisite and compact

It measures a dimension of φ108*160mm, which is easy for users to carry and suitable for air cleaning for a space of 8-10cbm. It features a standby consumption of lower than 200mW, as well as a noise level of 38dB(A) at the maximum. For more product information, please visit: https://en.huntkey.com/

Specifications:
Model: DJ010
Input: 5V/2A (Min. 4.6V, Max. 5.5V)
Rated Power: 8W
Standby Consumption: <200mW
Noise Level (Max.): 38dB(A)
Air Volume: 10cbm/h (Max.)
Applicable Space: 8-10cbm
Dimensions: φ108*160mm

About Oucica

Oucica, a subsidiary of Huntkey, specializes in the development of photocatalyst air purifiers. To improve the air quality of working, living or studying, it has developed a series of air purifiers including model KJ380 for large spaces, CJ001 for car sterilizing and DJ010 for desktops.

Contact
Melody Kim
+86-755-8960-6593
jinzm@huntkey.net

 

Related Links :

Home

Hexindai Files Annual Report on Form 20-F for Fiscal Year 2020

BEIJING, Aug. 15, 2020 — Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended March 31, 2020 with the U.S. Securities and Exchange Commission ("SEC") on August 14, 2020. The annual report on Form 20-F, which contains its audited financial statements, can be accessed on the SEC’s website at http://www.sec.gov as well as via the Company’s investor relations website at http://ir.hexindai.com.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company’s IR Department via email at ir@hexindai.com.

About Hexindai Inc.

Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company") is a mobile e-commerce and consumer lending platform based in Beijing, China. The Company collaborates with brands both online and offline to offer high-quality and affordable branded products through its new form of social e-commerce mobile platform and facilitates loans to meet the increasing consumption needs of underserved prime borrowers through its online consumer lending marketplace. Hexindai’s strong user acquisition capabilities, cutting-edge risk management system, and strategic relationships with respected financial institutions allow the Company to generate higher customer satisfaction, reliance, and realize fast growth.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets," "guidance" and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: the Company’s goals and strategies; its future business development, financial condition and results of operations; the expected growth of the credit industry, and marketplace lending in particular, in China; the demand for and market acceptance of its marketplace’s products and services; its ability to attract and retain borrowers and investors on its marketplace; its relationships with its strategic cooperation partners; competition in its industry; and relevant government policies and regulations relating to the corporate structure, business and industry. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this announcement is current as of the date of this announcement, and the Company does not undertake any obligation to update such information, except as required under applicable law.

For more information, please visit ir.hexindai.com.

For investor inquiries, please contact:

Hexindai

Investor Relations
Ms. Zenabo Ma
Email: ir@hexindai.com

Christensen

In China
Mr. Eric Yuan
Phone: +86-10- 5900-1548
E-mail: Eyuan@christensenir.com

In US
Mr. Tip Fleming
Phone: +1-917-412-3333
Email: tfleming@Christensenir.com

Related Links :

http://www.hexindai.com

Blue Hat Interactive Entertainment Technology Announces First Half Year of 2020 Unaudited Financial Results

XIAMEN, China, Aug. 15, 2020 — Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced its unaudited financial results for the six months ended June 30, 2020.

First Half Year of 2020 Financial Highlights

  • Total revenues decreased by 34.9% for the six months ended June 30, 2020 to US$4.9 million.
     
  • Gross profit decreased by 30.8% for the six months ended June 30, 2020 to US$3.7 million.
     
  • Income from operations decreased by 50.8% for the six months ended June 30, 2020 to US$1.6 million.
     
  • Net income decreased by 58.8% for the six months ended June 30, 2020 to US$1.3 million.

"The outbreak of COVID-19 since the beginning of 2020 has adversely impacted the global economy and our financial performance in the first half year was negatively affected as a result of the suspension of the entire industry. With daily life in China gradually returning to normal since April, our business related to education industry ramped up during the period," said Mr. Xiaodong Chen, Chief Executive Officer of Blue Hat, "I’m pleased that our thriving smart education business line made a significant addition to our portfolio. ‘AR Immersive Classes’ (‘ARIC’), integrated with physical exercises in terms of AR-based educational content and products, targets children between three and six years old. Interactive education combines teaching with entertainment, inspiring kids with imagination and critical thinking. We build Direct-to-Consumer social content marketing channels via short videos and live streaming to increase our brand awareness, and broaden our market reach. Looking forward, we intend to continue to explore both in-house development and strategic investment opportunities to strengthen our pipeline of toy and game content and maximize shareholder value."

Recent Developments

  • Blue Hat announced in January 2020 that its AR child abuse prevention course would be introduced in 25 preschools in Tong’an District, Xiamen City as a compulsory part of the curriculum for children before they graduate from kindergarten.
     
  • In February 2020, Blue Hat announced a new suite of smart educational products "AR Immersive Classes" ("ARIC"), which includes "Smart Screen Immersive Education Classes", "Smart Immersive Cognitive Education Classes" and "Smart Immersive Physical Education Classes.", and upgrades System for Evaluating Developmental Progress of Preschool Students in China.
     
  • In March 2020, Blue Hat’s "Interactive System Based on Light Intensity Recognition" received U.S. patent with the number US 10,512,836 B2 from the United States Patent and Trademark Office. 
     
  • In May 2020, Blue Hat announced that it has signed a three-year partnership with smart education service provider, Sutesen Information Technology Ltd., to expand Blue Hat’s Smart Immersive Education Classes, or ARIC, in Guangxi province, China. The partnership aims to commercially launch ARIC in up to 1,000 Guangxi preschools in three years.
     
  • In June 2020, Blue Hat announced that it has partnered with Xiamen Xing Meng Wei Lai Culture Media Co. LTD, a leading Chinese multi-channel network and internet content development agency, to build Direct-to-Consumer social content marketing channels via short videos and live streaming.
     
  • In July 2020, Blue Hat entered into a Securities Purchase Agreement with two accredited institutional investors to sell senior secured convertible notes of the Company in a private placement to the investors, in the aggregate principal amount of $3,262,000, together with the issuance of warrants to acquire up to 784,000 ordinary shares of the Company for an aggregate cash purchase price of $2,800,000 (reflecting an original issue discount of $462,000).

First Half 2020 Results

Total revenues were $4.9 million for the six months ended June 30, 2020, a decrease of $2.6 million, or 34.9%, from $7.5 million for the same period ended June 30, 2019. The overall decrease was primarily attributed to the fewer sales of interactive toys (game series) during the period, partially offset by revenue from ARIC, which was launched to the market this year.

Gross profit was $3.7 million for the six months ended June 30, 2020, a decline of $1.6 million, or 30.8%, from $5.3 million for the same period ended June 30, 2019. Gross profit margin was 75.2% for the six months ended June 30, 2020, compared to 70.8% for the same period of 2019. Research and development expenses of mobile games recorded in Cost of Sales are fully amortized this February, consequently, gross profit ratio increased by 4.4%.    

Operating expenses were $ 2,032,696 for the six months ended June 30, 2020, an increase of $47,752, or 2.4%, from $1,984,944 for the same period ended June 30, 2019. This increase was mainly due to the increase of general and administrative expenses amounted to $221,638, offset by the decrease of selling expense of around $119,705. Fixed cost increased during the first half of 2020 mainly due to the amortization of newly incurred rental cost and software patents. Legal expenses accounted for an obvious growth of general and administrative expenses in connection with our recent financing.

Income from operations was $1.6 million for the six months ended June 30, 2020, a decrease of $1.7 million, or 50.8%, from $3.3 million for the same period ended June 30, 2019.

Net income attributable to ordinary shareholders was $1.3 million for the six months ended June 30, 2020, compared with $3.1 million for the same period ended June 30, 2019. or $0.04 and $0.09 per basic and diluted share respectively.

Cash and Cash Equivalents

As of June 30, 2020, BHAT maintained strong cash resources of cash and cash equivalents totaling $11.4 million, compared with $10.5 million by the ended of December 31, 2019.

About Blue Hat

Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The Company’s interactive entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery.  Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com.  The Company routinely provides important information on its website.

Forward-Looking Statements 

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.

Contacts:

Lexie Zhang
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net

 

 

 

BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY AND SUBSIDIARIES

UNAUDITED CONSOLIDATED BALANCE SHEETS

June 30,

December 31,

ASSETS

2020

2019

CURRENT ASSETS

Cash and cash equivalents

US$

11,372,626

US$

10,478,587

Accounts receivable, net

14,420,292

13,631,359

Other receivables, net

12,972,825

13,182,529

Prepayments, net

277,376

299,577

Inventories

249,563

125,264

Restricted cash

5,000,000

Total current assets

39,292,682

42,717,316

PROPERTY AND EQUIPMENT, NET

4,417,195

2,324,823

OTHER ASSETS

Prepayments

4,660,489

4,425,849

Operating lease, right-of-use asset

501,136

679,850

Intangible assets, net

6,423,487

6,758,316

Long-term investments

1,702,098

1,727,301

Deferred tax assets

188,872

182,234

Total other assets

13,476,082

13,773,550

Total assets

US$

57,185,959

US$

58,815,689

LIABILITIES AND SHAREHOLDERS’ EQUITY

CURRENT LIABILITIES

Short-term loans – banks

1,963,415

5,819,787

Current maturities of long-term loans – third
party

51,915

77,493

Accounts payable

1,420,706

293,985

Other payables and accrued liabilities

3,278,340

3,628,809

Other payables – related party

252,989

21,341

Operating lease liabilities-current

264,903

313,460

Customer deposits

3,573

Taxes payable

4,264,275

3,525,153

Total current liabilities

11,500,116

13,680,028

OTHER LIABILITIES

Operating lease liability

255,190

372,051

Long-term loans – third party

13,328

Total other liabilities

255,190

385,379

Total liabilities

11,755,306

14,065,407

COMMITMENTS AND CONTINGENCIES

Total shareholders’ equity

Ordinary shares, US$0.001 par value, 50,000,000
shares authorized, 35,141,114 shares issued and
outstanding as of June 30, 2020,  35,141,114 shares
issued and outstanding as of December 31, 2019

35,141

 

35,141

Additional paid-in capital

20,771,849

20,771,849

Statutory reserves

1,289,765

1,289,765

Retained earnings

25,391,957

24,132,194

Accumulated other comprehensive income
(loss)

(2,058,059)

(1,478,667)

Total shareholders’ equity

45,430,653

44,750,282

Total liabilities and shareholders’ equity

US$

57,185,959

US$

58,815,689

 

 

 

BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY AND SUBSIDIARIES

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

For the Three Months ended June 30,

2020

2019

REVENUES

US$

2,611,204

 US$

3,176,566

Interactive toys – animation series

(148)

11,248

Interactive toys – game series

2,046,625

2,251,849

Mobile games

564,727

913,469

COST OF REVENUES

(634,473)

(953,732)

GROSS PROFIT

1,976,731

2,222,834

OPERATING EXPENSES

Selling

(117,549)

(207,263)

General and administrative

(1,057,108)

(650,605)

Research and development

(69,128)

(96,148)

Total operating expenses

(1,243,785)

(954,016)

INCOME FROM OPERATIONS

732,946

1,268,818

OTHER INCOME (EXPENSE)

Interest income

107,507

32

Interest expense

(51,053)

(18,759)

Other finance expenses

47,581

(724)

Other (expense) income, net

2,328

(105,621)

Total other income, net

106,363

(125,072)

INCOME BEFORE INCOME TAXES

839,309

1,143,746

PROVISION FOR INCOME TAXES

(338,919)

(55,447)

NET INCOME

500,390

1,088,299

OTHER COMPREHENSIVE INCOME (LOSS)

Foreign currency translation adjustment

25,968

31,760

COMPREHENSIVE INCOME

US$

526,358

 US$

1,120,059

WEIGHTED AVERAGE NUMBER OF
ORDINARY SHARES

Basic and diluted

35,141,114

33,000,000

EARNINGS PER SHARE

Basic and diluted

US$

0.01

 US$

0.03

 

 

BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY AND SUBSIDIARIES

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

For the Six Months ended June 30,

2020

2019

REVENUES

US$

4,854,862

 US$

7,453,379

Interactive toys – animation series

54

89,391

Interactive toys – game series

3,701,861

6,116,883

Mobile games

1,152,947

1,247,105

COST OF REVENUES

(1,203,962)

(2,176,756)

GROSS PROFIT

3,650,900

5,276,623

OPERATING EXPENSES

Selling

(290,699)

(410,404)

General and administrative

(1,596,818)

(1,375,180)

Research and development

(145,179)

(199,360)

Total operating expenses

(2,032,696)

(1,984,944)

INCOME FROM OPERATIONS

1,618,204

3,291,679

OTHER INCOME (EXPENSE)

Interest income

107,884

502

Interest expense

(123,660)

(65,507)

Other finance expenses

(10,168)

(1,881)

Other (expense) income, net

20,862

(3,230)

Total other income, net

(5,082)

(70,116)

INCOME BEFORE INCOME TAXES

1,613,122

3,221,563

PROVISION FOR INCOME TAXES

(353,359)

(161,346)

NET INCOME

1,259,763

3,060,217

OTHER COMPREHENSIVE INCOME (LOSS)

Foreign currency translation adjustment

(579,392)

12,269

COMPREHENSIVE INCOME

US$

680,371

 US$

3,072,486

WEIGHTED AVERAGE NUMBER OF
ORDINARY SHARES

Basic and diluted

35,141,114

33,000,000

EARNINGS PER SHARE

Basic and diluted

US$

0.04

 US$

0.09

 

 

Related Links :

http://www.bluehatgroup.net

iClick Chairman and Co-Founder Sammy Hsieh Interviewed on TD Ameritrade Network’s The Watch List with Nicole Petallides

Sammy discusses how iClick’s revolutionary digital marketing and enterprise solutions help world’s leading brands in China and the company’s stock price run over the past six months

HONG KONG, Aug. 14, 2020 —  iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, is glad to share that iClick’s Chairman and Co-Founder Sammy Hsieh appeared as a featured guest on TD Ameritrade Network’s The Watch List with veteran news anchor Nicole Petallides on Thursday, August 13, 2020.

On the show, Sammy shared how iClick is revolutionizing digital marketing in China by helping many of the world’s largest companies not only identify and interact with consumers online effectively but also integrate online-to-offline information to unlock the huge potential of the smart retail market. Sammy also discussed how brands are focusing on China more than ever as it recovers from the COVID-19 downturn, helping propel iClick’s revenue to record heights for any of its first quarter – and sending its stock price soaring over the past 6 months.

The Watch List, hosted by Nicole Petallides, highlights a panel of experts ranging from industry-leading CEOs, analysts, and Wall Street influencers to discuss pressing topics moving the market and is intended to provide viewers with a status update for the end of the trading day and beyond.

Watch the full interview here: https://tdameritradenetwork.com/video/rB4AoXPME2WBc-hLx7UHbQ

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, iClick’s 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 to 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

John Marco

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

Tel: +1-516-222-2560

E-mail: ir@i-click.com

E-mail: johnm@coreir.com

 

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