Yearly Archives: 2020

PR Newswire

ViewSonic Launches New Product Lines Notas Pen Display and WoodPad Paper for Distance Learning

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Next-generation Solutions to Support the New Normal in Education

BREA, Calif., Oct. 28, 2020 — ViewSonic Corp., a leading global provider of visual solutions, today announced the launch of the Notas Pen Display and the WoodPad Paper to enhance the experience of distance learning and coping with "the new normal" of the post-pandemic world. These new solutions are to be used as supplementary equipment at home, in the classroom, and highly portable. The Notas Pen Display PD1330 is the thinnest 13.3" pen display featuring a battery-free pen to create, manage and share digital materials. The WoodPad Paper is a user-friendly solution that offers the advantage of digitalized learning notes in real-time.

"As a leader in education technology, ViewSonic has leveraged its forward vision to solve the education challenges posed by the COVID-19 pandemic. With our latest innovative solutions, teachers and students will advance their skill in distance teaching and learning and be able to transit back to school seamlessly," said Kevin Chu, Director of the Pen Display and Authentication Business Unit, ViewSonic. "The new solutions are also a testament to ViewSonic’s long-term commitment to the education sector, for instance, ViewSonic’s myViewBoard platform provides a highly effective, intuitive, and engaging distance learning experience."

Notas Pen Display – The thinnest 13.3" pen display for Teachers

There are two main challenges teachers are facing in distance teaching – the difficulty of using a mouse to add annotations and the ability to maintain eye contact with students. By using a portable digital whiteboard, teachers are able to write and take notes on the Notas and still keep eye contact with the students as they would in a physical classroom. This new device allows intuitive teaching without changing the teachers’ natural behavior.

With a lightweight (0.8 kg) and ultra-thin (7 mm) design, this visual tool transmits course content in a digitalized whiteboard handwriting format directly to each student in the classroom or elsewhere. With these high-level specifications, the product could also be used for professional drawing education.

Teaching materials are displayed accurately onto the digital whiteboard due to its matte LCD with pen pressure levels of 8,192 and +/- 60-degree pen tilt angle for a natural handwriting experience. The 250 pps (point per second) response rate minimizes latency – less than 26 ms. Moreover, the battery-free pen is specifically designed to allow for precise yet diverse handwriting of text, math formulas, and other common teaching content.

To provide a better user experience, the Notas also features six user-defined hotkeys. Teachers could set up shortcuts for functions they use most often, like "Eraser" or "Recovery." Thanks to the one cable USB Type-C support, the Notas could be easily set up to keep your desktop clean and tidy.

WoodPad Paper – A user-friendly Tool for Digitalizing Classroom Notes

The WoodPad Paper is designed to help teachers and students digitize notes in real-time synchronization, comes with a drawing pad and battery-free pen. The device works with a variety types of paper, from sticky notes to yellow legal notepads, with up to 1 cm thickness. It also complies with international D1 pens while changing strokes and colors on different software platforms. 

Ideal as a complement to non-touch notebooks, the WoodPad Paper offers 4,096 pen pressure levels, a +/- 60-degree pen tilt angle, and a 5,080 LPI resolution on a 7.5” writing surface to create precise handwriting into a digital format for easier management and storage. 

For more excellent usability and versatility, the USB-powered WoodPad Paper eliminates battery replacement problems and offers broad compatibility with Windows, Mac OS, and Chrome OS.

About ViewSonic

Founded in California, ViewSonic is a leading global provider of visual solutions and conducts business in over 100 countries worldwide. As an innovator and visionary, ViewSonic is committed to providing comprehensive hardware and software solutions that include monitors, projectors, digital signage, ViewBoard interactive displays, and myViewBoard software ecosystem. With over 30 years of expertise in visual displays, ViewSonic has established a strong position for delivering innovative and reliable solutions for education, enterprise, consumer, and professional markets and helping customers "See the Difference." To find out more about ViewSonic, please visit www.viewsonic.com.

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PR Newswire

Reveal and Epiq Announce Artificial Intelligence Enterprise Licensing Agreement

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Industry leaders expand relationship providing access to Reveal’s AI technology to Epiq clients globally

CHICAGO, Oct. 27, 2020 — Reveal, a groundbreaking eDiscovery technology company, and Epiq, a global leader in the legal services industry, today announced a global enterprise license agreement for the use of Reveal’s artificial intelligence technology.


The new enterprise license provides all Epiq clients with expanded access to Reveal’s artificial intelligence platform with Reveal’s recently announced acquisition of NexLP, a leader in the legal artificial intelligence space.  Reveal’s artificial intelligence platform turns disparate, unstructured data into meaningful insights that can be used to deliver operational efficiencies and strategic advantages for use with eDiscovery cases and Investigations.

"Epiq is excited to partner with Reveal as it expands its analytics and artificial intelligence offering through the acquisition of NexLP, a long standing and highly strategic partner of Epiq," said Doug Mazlish, SVP, strategic alliances. "We are looking forward to continuing to provide our clients best in class legal technology solutions in partnership with Reveal. Reveal’s investment in NexLP will further fuel their innovation in artificial intelligence in the legal industry and allow Epiq to continue to be an innovation leader in the market."

"Epiq was an early adopter of Reveal AI and has consistently developed workflows around the platform to solve complex challenges," said Wendell Jisa, CEO of Reveal. "This is an exciting opportunity for Reveal to collaborate with one of the industry’s most dominant legal service providers in bringing our next generation technology to the masses."

Epiq clients can access the next-generation AI solution now. Epiq has long provided the Reveal AI software to legal services clients, but now expands the capability across all business workflows whether deployed in an Epiq managed data center or in the Cloud, providing agility and flexibility for any client requirement. All Reveal AI features, including the industry-exclusive AI Model Library, become part of Epiq’s expanded enterprise license.

About Epiq

Epiq, a global leader in the legal services industry, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world.

About Reveal

Reveal is the industry’s only eDiscovery platform powered by artificial intelligence. As a cloud-based software provider, Reveal offers the full range of processing, early case assessment, review, infrastructure and artificial intelligence capabilities. Reveal clients include law firms, Fortune 500 corporations, legal service providers, government agencies and financial institutions in more than 40 countries across five continents. Featuring deployment options in the cloud or on-premise, an intuitive user design, multilingual user interfaces and the automatic detection of more than 160 languages, Reveal accelerates legal review, saving users time and money. For more information, visit http://www.revealdata.com.

Contact: PR@revealdata.com

Photo – https://mma.prnasia.com/media2/1320515/reveal_epiq.jpg?p=medium600

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PR Newswire

PINTEC Announces RMB400 Million Financing under Equity Transfer Agreements

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BEIJING, Oct. 27, 2020 — Pintec Technology Holdings Limited (Nasdaq: PT) ("PINTEC" or the "Company"), a leading independent technology provider enabling financial services in China, today announced that Pintec (Yinchuan) Technology Co., Ltd. (the "Transferee"), a wholly-owned subsidiary of the Company, entered into certain equity transfer agreements (the "Agreements"), pursuant to which Ningxia Fengyin Enterprise Management Consulting LLP (the "Transferor") agreed to transfer all the outstanding equity interests in Yinchuan Chuanxi Technology Co., Ltd. ("Chuanxi Technology"), to the Transferee, in exchange for a total consideration of RMB400,000,000 (the "Consideration").  The parties agreed that Chuanxi Technology shall have an aggregate of no less than RMB400,000,000 in its bank account which is available for use at a specific date to be agreed by the parties. The transactions under the Agreements were closed on October 22, 2020.

The terms of the Consideration include the following features:

  • The full Consideration must be repaid by the Transferee within 20 days after the third anniversary of the closing date as defined under the Agreements (the "Closing Date").
  • To satisfy the payment obligation for the Consideration, the Company shall issue a warrant (the "Warrant") to an entity designated by the Transferor to subscribe in a private placement, for 320,036,576 class A ordinary shares of the Company, par value US$0.000125 per share (the "Warrant Shares").
  • The number of Warrant Shares is calculated by the U.S. dollar equivalent of the Consideration divided by US$0.1857 per share, which is equivalent to US$1.30 per American depositary share (each an "ADS"), representing approximately a 25.0% premium to the 45-day volume weighted average price of the ADSs.
  • The Warrant is exercisable immediately at the par value per Warrant Share and will expire on the third anniversary of the issuance date.
  • If the Warrant is fully exercised before its expiration date, the Transferee will be released from the obligation to pay the Consideration.
  • If the Warrant is not fully exercised before its expiration date, the Transferee will be required to pay the portion of the Consideration not reflected by the Warrant Shares (to the extent exercised) within 20 days after the expiration date of the Warrant. The Transferee is also obligated to pay an annual interest of 8.75% for any unpaid portion of the Consideration on a quarterly basis.
  • In connection with this transaction, the Transferee will cause its affiliates to pledge all equity interests of a subsidiary of the Company to the Transferor or a party designated by the Transferor within 20 days of the Closing Date.

Mr. Steven Sim, Chief Financial Officer of PINTEC, stated, "We are pleased to have successfully completed this financing even under the current challenging environment, and we appreciate the investors’ confidence in our business innovation. This transaction supports our strategic transformation, and the funds are intended for investment and acquisition in digital technology services, as well as general corporate purposes. We will continue to optimize our industry-leading tools and provide best-of-class solutions to digitally empower the way our partners conduct business in the financial markets. Finally, the cash injection from this transaction will further solidify our liquidity position, strengthen our balance sheet, and enhance our financial flexibility."

About PINTEC

PINTEC is a leading independent technology platform enabling financial services in China. By connecting business and financial partners, PINTEC enables them to provide financial services to end users efficiently and effectively. The Company offers its partners a full suite of customized solutions, ranging from digital retail lending, digital business lending, robotic process automation, to wealth management and insurance products. Leveraging its scalable and reliable technology infrastructure, PINTEC serves a wide range of industry verticals covering online travel, e-commerce, telecommunications, online education, SaaS platforms, financial technology, internet search, and online classifieds and listings, as well as various types of financial partners including banks, brokers, insurance companies, investment funds and trusts, consumer finance companies and other similar institutions. For more information, please visit ir.pintec.com.

About Chuanxi Technology

Chuanxi Technology is a limited liability company incorporated under the laws of the People’s Republic of China on September 27, 2020, and a wholly-owned subsidiary of Ningxia Fengyin Enterprise Management Consulting LLP. Although Chuanxi Technology does not currently engage in any business activities, it is registered to engage in consulting services for various sectors including information technology, education, etc.

Safe Harbor Statement

This press release contains forward-looking statements. 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," "target," "confident" and similar statements. Among other things, the quotations from management in this announcement, as well as PINTEC’s strategic and operational plans, contain forward-looking statements. PINTEC may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, 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. 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, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, the Company’s limited operating history, regulatory uncertainties relating to online consumer finance in China, the Company’s reliance on Jimu Group for a significant portion of its funding and the need to further diversify its financial partners, the Company’s reliance on a limited number of business partners, the impact of current or future PRC laws or regulations on wealth management financial products, publicity regarding the consumer finance industry and the evolving regulatory environment governing this industry in China, and the Company’s ability to meet the standards necessary to maintain the listing of its ADSs on the Nasdaq Global Market, including its ability to cure any non-compliance with Nasdaq’s continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For investor and media inquiries, please contact:
Joyce Tang
Pintec Technology Holdings Ltd.
Phone: +86 (10)  8564-3600
E-mail: ir@pintec.com

Related Links :

https://ir.pintec.com/

News, Social Media

KRU Music Debuts Collaboration Exclusively on TikTok

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TikTok is quickly becoming a go to platform for musicians. Just recently, the social media platform had an exclusive event with Korean band, BLACKPINK. Now, the ByteDance owned platform is going to become the exclusive debut partner for a KRU Music artist. DUKU & Tuju will be sharing their exclusive pre-release of their latest single, ‘Salawat 1442’ featuring Tyco on TikTok LIVE. The debut is happening on the 27th October at 8p.m. on the @KRU.Music account.

The collaboration between TikTok and KRU subisdiary, Imaan Music, looks to cultivate a younger audience aligned with the platform’s user demographic. The song being debuted adapts traditional dakwah and is a first in bringing together artistes from different genres for a momentous record.

The debut comes in conjunction with Maulidur Rasul, a Muslim celebration of the Prophet Muhammad’s birthday. To know more about this collaboration and more on the subject, remember to tune live on 27 October at 8pm @KRU.Music on Tiktok.

PR Newswire

Laying the Foundation for Shenzhen Airport to Become a “Future Airport” with Huawei UPS

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SHENZHEN, China, Oct. 27, 2020 — Shenzhen airport, China’s fifth largest airport and a world-class international aviation hub, has chosen Huawei to work together on the key project of its Future Airport Phase II implementation: the upgrade of its Uninterruptible Power Supply (UPS) system. Such an upgrade provides a solid energy foundation to build a smart future airport from, as well as reconstruct the Information and Communications Technology (ICT) infrastructure platform.

And this momentum is showing no signs of slowing: Indeed, Shenzhen Airport is the only airport in China participating in the International Air Transport Association’s (IATA) "Future Airport" pilot program. To realize the program, a large number of future-oriented upgrade and reconstruction projects are being implemented.

The airport’s legacy UPS was aging badly, leading to increased fault rates. To compound the issue, there was a lack of spare parts because the original equipment had been discontinued. And maintenance work was heavily dependent on the original manufacturer, representing a serious potential risk. In sum, these challenges were impairing Shenzhen Airport’s efforts to build a smart future airport.

With the goal of becoming the benchmark for future airports, Shenzhen Airport set high standards for its UPS replacement and it felt that any new equipment should be leading the industry’s future evolution. It also needed a supplier with extensive experience in cutover assurance, to secure operational processes.

With a modular and multi-redundancy design that eliminates single points of failure and ensures the smooth running of key services, Huawei’s modular UPS has already been tested in the industry. The Artificial Intelligence (AI) proactive warning function of components — such as capacitors and fans — shifts Operations and Maintenance (O&M) from passive to proactive prevention. Furthermore, all modules are hot swappable and can be replaced within five minutes when a fault occurs, further simplifying O&M. Such benefits convinced Shenzhen Airport that Huawei’s UPS solution met their requirements for future airport assurance and chose Huawei’s UPS5000 series for the upgrade.

At 03:00 in the morning on July 18, the Shenzhen Airport and Huawei team completed the online cutover of the second UPS with zero errors, just 13 days after the first successful cutover, and five days earlier than the original plan. This means that there is momentum for the next 24 sets of UPSs to be cutover and put into use. In total, 30 medium and large-sized UPS systems will eventually be deployed in ten power distribution rooms located across the terminal and in the Information Technology Center (ITC).

Huang Biao, General Manager of the Shenzhen Airport Digital Management Center, said: "The successful cutover of the project means that our success is not accidental. With the support of Huawei, the maintenance level of the airport UPS system is raised to a new level. It also proves that if the process of replacing old UPS hosts is highly operable and the solution is correctly formulated, UPS online cutover is feasible and controllable. All team members of the airport are confident about the subsequent cutover and future O&M assurance. Looking into the future, I hope that Huawei will continue to use its best products and services to help Shenzhen Airport build an international aviation hub, continue to move towards the goal of ‘Future Airport,’ and realize the strategic vision of leading the airport group with excellent global management and innovation as soon as possible."

Customer recognition and trust are the driving force behind Huawei’s ongoing innovation and efforts to push forward. Indeed, Huawei UPS is seeking to develop towards high frequency, modularization, and intelligence.

About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

Huawei’s end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We have more than 194,000 employees, and we operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company wholly owned by its employees.

For more information, please visit Huawei online at www.huawei.com.

Related Links :

http://www.huawei.com/cn

PR Newswire

Thaioil partners with Plug and Play to drive innovation in Smart Manufacturing and Sustainable Future

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BANGKOK, Oct. 27, 2020 — Thai Oil Public Company Limited, Thailand’s largest oil refinery and supplier of petroleum products, has partnered with Plug and Play Tech Center, a global innovation platform based in Silicon Valley, to help drive business growth opportunities and accelerate their ambition to lead Thailand’s energy sector to a smart manufacturing and sustainable future.

From left to right: Luck Saraya - Managing Director at TOP Ventures by Thaioil, Pongpun Amornvivat - Executive Vice President Innovation and Digitalization at Thai Oil PCL, Shawn Dehpanah - Executive Vice President and Head of Corporate Innovation APAC at Plug and Play Tech Center, and Tanya Tongwaranan - Program Manager Thailand at Plug and Play Tech Center.
From left to right: Luck Saraya – Managing Director at TOP Ventures by Thaioil, Pongpun Amornvivat – Executive Vice President Innovation and Digitalization at Thai Oil PCL, Shawn Dehpanah – Executive Vice President and Head of Corporate Innovation APAC at Plug and Play Tech Center, and Tanya Tongwaranan – Program Manager Thailand at Plug and Play Tech Center.

Thaioil’s venture capital arm "TOP Ventures" reflects the company’s commitment to its vision to Empower Human Life through Sustainable Energy and Chemicals as it seeks to invest and build partnership with outstanding startup companies around the world.

"Quality leads with robust engagement approach to such technologies are critical for success of the program. Access to Plug and Play’s ecosystem of over 10,000 startups focused on transforming the energy sector helps us bring innovative technology solutions to fruition faster," said Pongpun Amornvivat, Executive Vice President Innovation and Digitalization at Thai Oil PCL.

TOP Ventures have a firm hold on three blueprints for investments including: Industrial Technology that enhances efficiency and safety of the enterprise, Sustainability Technology that extends their current business into environmentally friendly products and technology, as well as into high value product and circular economy and New Mobility and Energy Technology that provides diversity to the current hydrocarbon-based portfolio.

"Our CVC program strives for value creation to both startup ecosystem and Thaioil and Subsidiaries. The program is built on 3 cornerstones: our investment thesis, deal and partnership leads and knowledge from our partner Plug and Play and our commitment to environmental, social and governance (ESG) practice," said Luck Saraya, Managing Director at TOP Ventures by Thaioil.

"Our renewable energy and sustainability mission under Plug and Play Thailand Smart Cities Program align well with Thaioil’s commitment to reduce emissions and transition towards Industry 4.0. We are incredibly excited for this partnership and look forward to Thaioil’s engagement with our innovation ecosystem with global connections," said Shawn Dehpanah, Executive Vice President and Head of Corporate Innovation APAC at Plug and Play Tech Center.

Thaioil joins Plug and Play with 7 corporations in their Thailand Smart Cities Program, including Charoen Pokphand Group (C.P. Group), PTT Group Plc, Bangkok Dusit Medical Services (BDMS), K.E. Group, Filinvest Development Corporation, and Bangchak. 

About Thaioil

Founded in 1961, Thai Oil Plc operate one of the most efficient refineries in Asia Pacific with the current capacity of 275,000 barrels per day. Thaioil operates under the Operational Excellence principle, operating as an integrated group of businesses in oil refinery, petrochemicals and lube base oil with supporting businesses, e.g. power generation, solvents, logistics and renewable energy generation, LAB: an intermediate in the production of surfactants, marine and pipeline transportation and storage services of crude, petroleum and petrochemical products. For more information, visit https://www.thaioilgroup.com

About Plug and Play

Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in 32 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 10,000 startups and 400 official corporate partners, we have created the ultimate startup ecosystem in many industries. Companies in our community have raised over $9 billion in funding, with successful portfolio exits including Danger, Rappi, Dropbox, Lending Club and PayPal. For more information, visit https://www.plugandplayapac.com/smart-cities.

PR Newswire

VeChain, Renji Hospital and DNV GL Held Strategic Partnership Signing Ceremony To Launch World’s First Blockchain Intelligent Tumor Treatment Center

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SHANGHAI, Oct. 27, 2020 — In partnership with VeChain and DNV GL, Renji Hospital, a top-ranked hospital in China affiliated with the Shanghai Jiaotong University School of Medicine, has announced the launch of the world’s first blockchain-enabled Intelligent Tumor Treatment Center on October 20, 2020. The Intelligent Tumor Treatment Center is a transparent, efficient, and traceable medical management solution powered by VeChain ToolChainTM.

Sunny Lu, Co-founder and CEO of VeChain & Jidong Zhang, Vice President of Renji Hospital & George Kang, Senior Vice President of DNV GL Group
Sunny Lu, Co-founder and CEO of VeChain & Jidong Zhang, Vice President of Renji Hospital & George Kang, Senior Vice President of DNV GL Group

As strategic partners of this new initiative, VeChain and DNV GL will jointly support the hospital in the quest to improve global public health through state-of-the-art blockchain technology and professional advisory.

VeChain ToolChainTM Powers The World’s First Intelligent Tumor Treatment Center 

The Intelligent Tumor Treatment Center combines the advantages of VeChain blockchain technology with DNV GL’s professional services. It enables full patient ownership of personal medical records, allowing patients to take control of the authorization and medical records data management. Research institutions inside and outside the hospital can use authorized data to improve the efficiency of clinical research, and regulatory agencies can use authorized data to conduct business compliance checks on medical institutions and establish a credit evaluation system.

Zhang Jidong, Vice President of Renji Hospital, said, "The launch of the Intelligent Tumor Treatment Centre intends to enhance high-quality integrated development of Renji Hospital. Moving forward, Renji intends to boost our healthcare facilities with more blockchain-powered use cases and projects, which will be gradually disclosed together with our partners when the time is right."

George Kang, Senior Vice President of DNV GL Group, said, "Through independent and objective medical evaluation methods, DNV GL intends to provide more services for Renji Hospital to improve its service quality and medical experience, moving to a new stage of higher standards, higher requirements and higher quality."

Sunny Lu, co-founder and CEO of VeChain, said, "As digital transformation accelerates in the healthcare sector, VeChain will continue to demonstrate its advantages and flexibility as a superior blockchain platform that is suitable for all types of use cases and industries. We are very proud and excited to be contributing to the public health industry by providing the technology for Renji Hospital’s Intelligent Tumor Treatment Centre."

VeChain Facilitating Digital Transformation To Improve Public Health

In line with the Chinese Government’s 14th Five-Year (2021-2025) Plan for Economic and Social Development, the National Health Commission formulated an official guideline and re-emphasized blockchain technology as an essential innovation and integration of the medical and health industry. VeChain is committed to solving the pain points of digital medical reform through blockchain technology and balancing personal privacy and public interests.

By using the self-developed one-stop data BaaS platform VeChain ToolChainTM , we have many proven cases in the medical sector, including a blockchain powered Clinical Trial Traceability Platform for Bayer China, and a blockchain-enabled medical data management platform named The E-NewHealthLife for Mediterranean Hospital of Cyprus. Facing new demands for digital transformation brought by COVID-19, VeChain, together with DNV GL, will be seeking for more opportunities to create more high-efficiency and low-cost digital solutions for the medical industry.

About VeChain
Launched in 2015, VeChain connects blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco. Together with our strategic partners PwC and DNV GL, we have established cooperative relations with many leading enterprises in different industries, including Walmart China, BMW, BYD Auto, Haier, H&M, LVMH, D.I.G, ENN, Shanghai Gas, AWS, PICC, ASI etc. Website: www.vechain.com

About Renji Hospital
Built in 1844, Renji Hospital has a history of over 170 years. It has been the first western medicine hospital since the opening of Shanghai. With an integration of medical treatment, teaching and scientific research, it is a comprehensive 3A hospital (the top level of hospital ranking in China) with a complete range of disciplines. Up to now, Renji Hospital consists of five  areas in total. Below is the timeline of the development process of Renji Hospital.

About DNV GL
DNV GL is a leading provider of risk management and quality assurance services. The company is also a global leader in certifying management systems of companies across all types of industries, including F&B. Since 1864, its purpose has been to safeguard life, property and the environment. Passionate about safety, quality and integrity, companies turn to DNV GL to make complex decisions with confidence. DNV GL helps them manage their most critical risks and demonstrate compliance with regulations and standards.

Photo – https://techent.tv/wp-content/uploads/2020/10/vechain-renji-hospital-and-dnv-gl-held-strategic-partnership-signing-ceremony-to-launch-worlds-first-blockchain-intelligent-tumor-treatment-center.jpg
Logo – https://techent.tv/wp-content/uploads/2020/10/vechain-renji-hospital-and-dnv-gl-held-strategic-partnership-signing-ceremony-to-launch-worlds-first-blockchain-intelligent-tumor-treatment-center-2.jpg

 

Related Links :

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PR Newswire

Hollysys Automation Technologies to Announce Fiscal Year 2021 First Quarter Financial Results and Host Earnings Conference Call on November 12, 2021 US ET

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BEIJING, Oct. 27, 2020 — Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced that it will report its financial results for fiscal year 2021 first quarter on November 12, 2020 U.S. Eastern Time.

The Company will host a conference call at 8:00 pm November 12, 2020 U.S. Eastern Time / 9:00 am November 13, 2020 Beijing Time, to discuss the financial results for fiscal year 2021 first quarter ended September 30, 2020 and business outlook.

Joining the Conference Call:

1. Please register in advance of the conference using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID.
2. In the 10 minutes prior to the call start time, you will need to use the conference access information provided in the email received at the point of registering.

Note: Due to regional restrictions some participants may receive operator assistance when joining this conference call and will not be automatically connected.

Helpful keypad commands:
*0 – Operator assistance
*6 – Self mute/unmute

Direct Event online registration: http://apac.directeventreg.com/registration/event/3446698. Please use Conference ID 3446698 for entry if the link fails to lead directly to the registration page.

In addition, a recording of the conference call will be accessible within 48 hours via Hollysys’ website at: http://hollysys.investorroom.com

About Hollysys Automation Technologies Ltd. (NASDAQ: HOLI)

Hollysys is a leading automation control system solutions provider in China, with overseas operations in eight other countries and regions throughout Asia. Leveraging its proprietary technology and deep industry know-how, Hollysys empowers its customers with enhanced operational safety, reliability, efficiency, and intelligence which are critical to their businesses. Hollysys derives its revenues mainly from providing integrated solutions for industrial automation and rail transportation. In industrial automation, Hollysys delivers the full spectrum of automation hardware, software, and services spanning field devices, control systems, enterprise manufacturing management and cloud-based applications. In rail transportation, Hollysys provides advanced signaling control and SCADA (Supervisory Control and Data Acquisition) systems for high-speed rail and urban rail (including subways). Founded in 1993, with technical expertise and innovation, Hollysys has grown from a research team specializing in automation control in the power industry into a group providing integrated automation control system solutions for customers in diverse industry verticals. Hollysys had cumulatively carried out more than 30,000 projects for approximately 17,000 customers in various sectors including power, petrochemical, high-speed rail, and urban rail, in which Hollysys has established leading market positions.

SAFE HARBOUR:

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Such forward-looking statements, based upon the current beliefs and expectations of Hollysys’ management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

For further information, please contact:

Hollysys Automation Technologies Ltd.
www.hollysys.com
+8610-58981386
investors@hollysys.com

Related Links :

http://www.hollysys.com

PR Newswire

Chayora’s TJ1 Data Centre confirmed as first OCP READY™ facility in China

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HONG KONG, Oct. 27, 2020 — Chayora Limited, an international infrastructure investor, developer and operator of hyperscale data centre campuses in China, today was confirmed by the Open Compute Project Foundation (OCP) to be the first data centre facility having achieved OCP Ready™ certification in China.

Chayora’s TJ1 Data Centre, located in Tianjin, China to serve the Greater Beijing region, is confirmed as the first OCP READY™ facility in China.
Chayora’s TJ1 Data Centre, located in Tianjin, China to serve the Greater Beijing region, is confirmed as the first OCP READY™ facility in China.

This data centre, located to serve the Greater Beijing region in Tianjin, China, is the first data centre in China to receive this OCP certification and demonstrates the exceptional build and international standards of operation, designed to suit the explosive demand for processing in the China market.  

Chayora’s TJ1 facility has exceeded the guidelines created by the OCP Data Centre Facility Project Team and serves as a reference for data centre operators and tenants who want to understand the fundamental facility requirements to deploy OCP hardware into their IT space. Facilities that meet the OCP READY™ requirements and approved by the OCP Data Center Facilities Project receive the certification as an OCP Ready™ facility.

Chayora’s data centre is one of a kind, scaleable from retail colocation to hyperscale and up to 25,000 racks with more than 300 MVA gross power available.   Offering ultra-low latency data transmission to Beijing’s Central Business District at <2ms per round trip, all data halls are designed to accommodate the high demand for smaller scale data storage requirements, including high density requirements with 30kVA/rack at a leading edge power usage effectiveness (PUE) of ≤1.2. Cloud and carrier neutral, with guaranteed performance availability of the equipment infrastructure including redundant and dual-powered servers, storage, network links and other IT components and with China-leading security standards featuring six  security zones and nine security layers, this facility really is leading the way. 

"We could not be more delighted to join the OCP community and share our unique perspectives on opening such a magnificent facility in China. As the first OCP READY™ facility in China, this certification confirms the absolute attention to world class design and build standards. We are holding our official launch event on October 29th and would be delighted for any OCP members to join us and view a virtual fly-through of  our incredible facility," said Jonathan Berney, COO of Chayora.

Chayora’s new site can be viewed first-hand via registration for the launch event on Thursday 29th October at 0900 HK (live event) https://apevents.idc.com/d/p7q4wz/4W?RefID=Chayora or 0900 UK time (replay) here https://zoom.us/webinar/register/WN_-Y2TJEYMTW2rMjMV_EVbSA

"As the momentum for open hardware designs continues to grow in north Asia, having data centers that are optimised for OCP designs becomes increasingly important.  Having Chayora as our first OCP READY™ data center in China ensures those enterprises deploying OCP solutions that they will have a strong data center operator who understands open hardware and is committed to openness, scale and efficiency" stated Steve Helvie, Vice President of Channel Development for the Open Compute Project Foundation.

"An OCP READY™ data center has been through a thorough peer review process and achieved recognition for implementing the industry’s best practices for efficiency and scale.   These facilities provide cost and efficiency-optimized operation now and well into the future" stated Mark Dansie, a key member of the OCP DC Facilities Project Team and leader of the OCP READY™ program

Chayora’s OCP Ready™ facility is now listed on the OCP Marketplace.

About the Open Compute Project Foundation

The Open Compute Project Foundation (OCP) was initiated in 2011 with a mission to apply the benefits of open source and open collaboration to hardware and rapidly increase the pace of innovation in, near and around the data center’s networking equipment, general purpose and GPU servers, storage devices and appliances, and scalable rack designs. OCP’s collaboration model is being applied beyond the data center, helping to advance the telecom industry & EDGE infrastructure. 

About Chayora
Chayora Limited, headquartered in Hong Kong, is wholly-owned by Chayora Holdings Limited, a Cayman Island-based company.  Chayora develops hyperscale, world-class designed and operated, scalable data centres and data centre campuses in China.  Chayora serves global Fortune 500 companies and premium Chinese data centre operators offering cloud services, ICT services, financial services, wholesale colocation or other services offerings dependent on intensive, high quality data centre infrastructure in China.

For more information about Chayora, visit www.chayora.com.

Media Contact:
Melanie Redding
+44 7802 550 444
mel.redding@chayora.com


 


 

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PR Newswire

ReneSola Power and Novergy to Form Joint Venture to Develop Solar Projects in the UK

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STAMFORD, Conn., Oct. 26, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, and Novergy, a subsidy-free solar platform specialised in the origination, development, design, optimization, construction and commissioning of solar projects in the United Kingdom, today announced that they entered into a strategic partnership agreement to co-develop utility-scale projects in the UK. 

As part of the agreement, ReneSola Power and Novergy will create a joint venture company.  The JV expects to continue the development of the existing pipeline of 100MW, and intends to develop at least another 100 MW of utility-scale projects in the next couple of years.

Mr. Josef Kastner, CEO of ReneSola European Region, commented, "We are excited about this partnership, as it combines strengths and competitive advantages of both companies, and provides new opportunities to enable further expansion into the UK market.  We expect the JV to benefit both companies by building a more robust utility project portfolio while leveraging our expertise in project development." 

Mr. Yumin Liu, Chief Executive Officer of ReneSola Power, added, "Business momentum continues. This is the second joint venture we have announced in a month, and we look forward to working with our partners to expand our reach in Europe.  We believe this once again represents an important step for us to grow our global pipeline in the next several quarters and beyond."

Mr. Florent Leblanc, Chief Executive Officer of Novergy, said, "We are delighted to be partnering with Renesola Power who is a long standing player in the solar sector and will enhance our financing and development capabilities in the UK. This agreement with Renesola Power is a testament to Novergy’s track record and a significant step towards our mission to develop 1GW of solar projects in the UK over the next few years."

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

About Novergy

Novergy has one of the strongest track records in the UK Solar PV sector with direct involvement in over 1GW of large-scale solar projects and has for ambitions to play a leading role in the decabornisation of the UK electricity sector at no cost to the tax payer.  Our mission is the origination, development, design, financing, construction and operation of new solar PV in the UK.

Related Links :

http://www.renesolapower.com