Category Archives: PR Newswire

PR Newswire

Hikvision releases 2020 H1 financial results

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HANGZHOU, China, July 30, 2020 — Hikvision, an IoT solution provider with video as its core competency, has released its financial results for the first half of 2020. During the period, Hikvision generated a revenue of RMB 24.27 billion with a year-over-year (YoY) increase of 1.45%, and net profits attributable to shareholders of the company was RMB 4.62 billion, reflecting a YoY growth of 9.66%.

Hikvision 2020 H1 Financial Results
Hikvision 2020 H1 Financial Results
Hikvision 2020 H1 Financial Results
Hikvision 2020 H1 Financial Results

Hikvision’s revenue in overseas markets achieved solid growth, amounting to RMB 7.54 billion, with a YoY growth of 8.63%.

Having encountered unusual global social and economic conditions in the first half of 2020, Hikvision adapted its operations and succeeded in making technological innovations meet customers’ needs, which helped to overcome challenges and keep development steady. Hikvision will continuously work closely with its partners to maintain stable operations, create value for customers, and build more safety, efficiency and sustainability for communities around the world. 

For the full 2020 H1 financial report, please visit here.

About Hikvision

Hikvision is an IoT solution provider with video as its core competency. Featuring an extensive and highly skilled R&D workforce, Hikvision manufactures a full suite of comprehensive products and solutions for a broad range of vertical markets. In addition to the security industry, Hikvision extends its reach to smart home tech, industrial automation, and automotive electronics industries to achieve its long-term vision. Hikvision products also provide powerful business intelligence for end users, which can enable more efficient operations and greater commercial success. Committed to the utmost quality and safety of its products, Hikvision encourages partners to take advantage of the many cybersecurity resources Hikvision offers, including the Hikvision Cybersecurity Centre. For more information, please visit us at www.hikvision.com.

Photo – https://photos.prnasia.com/prnh/20200730/2871957-1-a?lang=0
Photo – https://photos.prnasia.com/prnh/20200730/2871957-1-b?lang=0

Related Links :

http://www.hikvision.com

PR Newswire

Performing live on Kuaishou, Lang Lang comes back after 6-month hiatus

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BEIJING, Jul 30, 2020 — The world-renowned Chinese pianist Lang Lang performed publicly for the first time in six months on Kuaishou, a livestreaming platform. Lang hosted the one-hour broadcast, which attracted over 3 million viewers and fans.

Entertaining the crowd with a mix of songs, stories and games, Lang, China’s badminton Olympic champion Cai Yun, and the popular Queen of Nine-ball Pan Xiaoting also guest-starred on the show. The trio reminisced about the games they played during their childhood, starting from the 80s all the way to the 2000s, and also showcased their skills through sport and music challenges.

Classical music superstar Lang Lang participated in a livestreaming session on Kuaishou, a short-video and livestreaming platform on Tuesday.
Classical music superstar Lang Lang participated in a livestreaming session on Kuaishou, a short-video and livestreaming platform on Tuesday.

 

When recalling his childhood in the 90s, Lang played one of his initiation-phase favorites, Étude Op. 10, No. 5 in G♭ major by Frédéric Chopin, wowing the online audience.

 

 

Lang Lang: Étude Op. 10, No. 5 in G♭ major (Frédéric Chopin)/ 1994 Mix 2020 Live on Kuaishou

This isn’t the first livestream hosted by Lang, as his last livestream, also on Kuaishou, was a Valentine special held earlier this year in honor of supporting efforts against COVID-19.

Hosted by Kuaishou, Lang’s livestream attracted mainstream success, with over 3 million tuning in and participating through the comments and gifts. The popularity of such shows has shown that the shift in momentum to livestream apps such as Kuaishou is here to stay. With more crossover content such as Lang’s show, Kuaishou is pioneering a new wave of viral content to make livestreaming more prevalent in popular culture.

“By uniting fanbases and fostering more communication, Kuaishou aims to build resilient communities across genres and backgrounds,” said Yan Qiang, senior vice-president of Kuaishou.

About Kuaishou Technology

Kuaishou Technology develops content sharing platforms and makes content production, distribution and consumption fast and easy. Our content recommendation system is built on a deep understanding of our users and the content being shared on our platforms every day.

Our flagship product, Kuaishou, is China’s leading short video sharing and social networking platform that enables users to capture the unique and memorable moments of their everyday lives, and to interact with followers in real-time. Our technology offers users a highly personalized experience and encourages members from all communities to create and discover interesting and dynamic content.

Founded in 2011, Kuaishou Technology is headquartered in Beijing with more than 10,000 employees and offices in China, the United States, India and Brazil. Our notable investors include DCM Ventures, Morningside Venture Capital, Sequoia Capital, Temasek Holdings, Tencent and Baidu. For more information, please visit www.kuaishou.com.

  • March 2011 GIF Kuaishou was created as a product tool for creating animated GIFs
  • October 2013 GIF Kuaishou was transformed into a short-form video social platform – Kuaishou
  • January 2015 Kuaishou’s DAU (daily active user) exceeded 10 million
  • September 2017 Kuaishou’s total users exceeded 600 million and DAU exceeded 80 million
  • December 2017 Kuaishou’s DAU exceeded 100 million
  • June 2018 Kuaishou Technology completed the acquisition of Acfun, an ACG video community
  • May 2019 Kuaishou’s DAU exceeded 200 million
  • March 2020 Kuaishou’s DAU exceeded 300 million
  • July 2020 Kuaishou’s Livestream DAU surpassed 170 million

To download Kuaishou, click here.

 

Related Links :

http://www.kuaishou.com

PR Newswire

DoctorxDentist Identifies The Top 10% of Doctors in Singapore

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Patients are 65% more likely than they were prior to the onset of coronavirus to choose a healthcare provider based on the quality of care they will receive, according to the COVID-19 Patient Confidence Study.

SINGAPORE, July 30, 2020 — DoctorxDentist, the leading online resource for information about doctors in Singapore, today released its 2020 analysis of best performing physicians. 

“The goal of the DxD10 Trusted Reviews Award is to acknowledge physicians who are consistently highly rated” said Tristan Hahner, CEO of DoctorxDentist. “As healthcare gets more complicated and more choices for care become available, it’s important to provide information that helps consumers easily identify providers who make patient experience a top priority. This is our way of recognizing physicians for their commitment to outstanding care, based on opinions of those who know them best – their patients.”

DxD10 Trusted Reviews Award Recognizes Outstanding Healthcare Providers, Based on Patient Feedback

Each year, only 10% of doctors in Singapore are named a DxD10 Trusted Reviews Award recipient. DoctorxDentist evaluated the performance of 10,112 doctors and dentists nationwide by compiling and analyzing thousands of ratings and reviews of patients from across Singapore and Southeast Asia. The evaluation found that:

  • Winners had an average of 22 reviews, while the average doctor in Singapore had less than 5 reviews.
  • Award recipients maintained an average rating of 4.5 or higher out of a 5-star rating system.
  • Doctors with a minimum rating of 4.5 stars get seven times as many appointments as doctors with a rating less than 4.5 stars.
  • Doctors with at least 5 reviews get 74% of online appointments.
  • Reviews most often mentioned a doctor’s clinical skill or bedside manner. 
Dr Marlene Teo from An Dental Clinic, recipient of DxD10 Trusted Reviews Award for 2020.
Dr Marlene Teo from An Dental Clinic, recipient of DxD10 Trusted Reviews Award for 2020.

“It’s been my dream to help patients demystify dental issues,” said Dr Marlene Teo, an award recipient. “I’m really honored to receive the ‘DxD10 Trusted Reviews Award’ as an affirmation that we are building trust and rapport with our patients.”

About DoctorxDentist

DoctorxDentist.com is the fastest-growing doctor discovery platform in Singapore and South East Asia. Millions of consumers each year find and schedule appointments with their provider of choice at DoctorxDentist.

By enhancing each touchpoint in the patient journey — from the first impression online, to appointment booking and review harvesting post-appointment — DoctorxDentist makes it easy for healthcare providers to attract more patients, manage online reputation and modernize the patient experience. Learn more about how physicians partner with DoctorxDentist. 

Photo – https://photos.prnasia.com/prnh/20200723/2865644-1?lang=0

Related Links :

https://www.doctorxdentist.com

PR Newswire

Kingsoft Cloud Enters Singapore Cloud Computing Market

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SINGAPORE, July 30, 2020 — The unexpected pandemic has brought many uncertainties to the global economy. But there is still one thing for sure: backed by various technologies including 5G, AI and IoT, the world is witnessing accelerated global digitalization, with cloud being a key support. From telecommuting and online education to telemedicine, social network and entertainment, even to online graduation exhibition and online court, it seems that everything can be done “on the cloud”. Kingsoft Cloud (NASDAQ: KC), as a leading cloud service provider in the world, has set up energy-saving data centers and operating branches in the United States, Russia, Singapore, etc. And the headquarters of Southeast Asia operations were set in Singapore.

Singapore, the fourth largest financial center in the world which sits in an important geographical position in Asia-Pacific, shows great potential demands for cloud services. The outbreak of COVID-19 this year has accelerated the digitalization of enterprises in Singapore to a large extent, prompting an earlier rise of cloud computing, a key role in the future market.

Kingsoft Cloud (NASDAQ: KC), a leading cloud service provider in the world
Kingsoft Cloud (NASDAQ: KC), a leading cloud service provider in the world

Kingsoft Cloud has inherited the “enterprise service DNA” from Kingsoft Group, the widely trusted leading software franchise in China, and has established superior enterprise service capabilities. Kingsoft Cloud stays at the forefront of cloud technology development, making extensive technical accumulation in big data, cloud computing, AI, IoT, and other areas. On that basis, Kingsoft Cloud offers cutting-edge technologies as well as convenient, efficient and customized services around the clock for Chinese enterprises going global, local enterprises in Singapore and other reginal enterprises in the Asia-Pacific region.

Currently, Kingsoft Cloud has provided over 120 solutions for multiple industries including video, gaming, education, finance and real estate , which have been highly recognized by its clients and partners.

So as an early player in video cloud and AI, what makes Kingsoft Cloud stand out?

First of all, in terms of video cloud, Kingsoft Cloud has followed the strategy of “Edge-based, AI-empowered”, aiming to offer immersive video cloud experience and tailored edge computing services. This year, Kingsoft Cloud launched its flagship 8K+VR livestreaming commercial solution and image quality evaluation platform — Kingsoft Cloud Quality of Experience.

With a well-established distribution platform and advanced live-streaming technology, the 8K+VR integrated solution of Kingsoft Cloud offers multiple features including VR video collection, editing, encoding, packing, storage, distributing and broadcasting. By combining AV1+ smart high definition and other self-developed technologies, Kingsoft Cloud can effectively reduce the bit rate while remaining the quality of image, therefore cutting the bandwidth costs.

This June, Kingsoft Cloud released the Kingsoft Cloud Quality of Experience (KQoE) to help clients evaluate the quality of image and video solutions. This platform simulates actual viewing experience and provides comprehensive reports and data analyses with the support of experts, so as to help clients evaluate the quality of image better and faster. Now, the platform has been implemented and well-received by our clients. 

When it comes to edge computing, Kingsoft Cloud’s KENC applies advanced container architecture, catering to cloud-native computing, to further optimize transmission efficiency and computing capacity of edge network. On top of that, edge computing and AIoT can be integrated to build the edge computing that is closer to users through smart habitation.

Furthermore, in terms of education cloud, during the pandemic, Kingsoft Cloud has launched an all-round online-learning solution. Built on RTC framework, the algorithm has been optimized to realize low latency. The solution addresses issues like fast expansion, high concurrency, student-teacher real-time interaction and teaching evaluation, making sure that online teaching activities go smoothly.

The concept of “smart campus” has gained much attention recently. Besides the smart educational administration system, security system and big data system, Kingsoft Cloud has launched the AI development platform KPL for colleges and universities. The data, algorithm, and computing power can be managed and allocated in a uniform manner to establish a sound development and software stack, enabling large-scale distributed training, automatic modeling, etc. This platform can satisfy resources demands of different levels, helping colleges and universities to improve the utilization of computing resources and AI development efficiency. Ultimately, smooth, stable, and reliable operations of the system can be realized.

At last, when it comes to AIoT, mainstream systems such as Smart Home and property management are usually separated. To deal with interconnectivity issues and isolated data island, Kingsoft Cloud’s integrated smart community solution provides a unified software and hardware control interface, data interface and uniform user access, leveraging by Cloud+AI+IoT+BigData and other technologies. Based on “three terminals and one platform” (terminals of users, projects, and enterprises, and the platform of smart habitation services), Kingsoft Cloud’s integrated smart community solution features interconnected indoor and outdoor scenarios and efficient property management abilities, which are the key value of a smart community.

Currently, Kingsoft Cloud runs business around the globe, and larger global partnership has been written in its long-term strategy. Entering the Singapore market, Kingsoft Cloud will join hands with its partners to support Singapore’s Smart Nation Initiative, leveraging its cutting-edge technologies and rich experience in cloud services.

Photo – https://photos.prnasia.com/prnh/20200729/2870714-1?lang=0

PR Newswire

How CommonLook’s Expertise Helps Google With PDF Accessibility

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ARLINGTON, Virginia, July 30, 2020 — Two years ago, Google reached out to CommonLook because of our expertise in PDF accessibility.

“At the time, we recognized the potential impact on PDF accessibility due to the massive number of Chrome users around the world.” – Monir ElRayes, President and CEO, CommonLook, Inc.

Google knows that online content publishers are required to have their PDFs accessible and compliant to standards. Unfortunately, most organizations do not support directly generating a tagged PDF. 

Google used CommonLook’s PDF Validator and consulted with CommonLook to ensure their PDF accessibility plan was going to provide the biggest impact.

“By building this into Chrome, we’re hoping some organizations that already use HTML as part of their document workflow might be able to take advantage of this new functionality and generate compliant PDFs more easily.” Dominic Mazzoni, Technical Lead, Chrome Accessibility.

After significant progress, Chrome is rolling out this feature to all users every time they generate a PDF from Chrome. 

“We are pleased to see Google leading on social justice issues like this. Information technology is the new frontier of equality. By adding accessibility features to the Chrome browser, they are improving the experience of users with disabilities,” said Douglas Towne, the Chair and CEO of Access Ready, a cross disability advocacy organization. “Tagged PDF’s are a requirement for accessible documents and this new capability should help ensure access to a greater audience across e-commerce, work, school and in the home.”

With this being the 30th anniversary of the ADA this month, we cannot think of a better tribute to the ideals of the ADA than to see Google adding additional accessibility features to the Chrome web browser that is used by 1 billion people worldwide.

Learn More About Google’s Announcement: https://blog.chromium.org/2020/07/using-chrome-to-generate-more.html

CONTACT: Susan Lee, Director of Communications at CommonLook, press@commonlook.com

Related Links :

http://commonlook.com
PR Newswire

Siemon Supports Single-Pair Ethernet with TERA® Cabling

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WATERTOWN, Connecticut, July 30, 2020 — Siemon, a leading global network infrastructure specialist, is pleased to announce that its TERA cabling system supports 10BASE-T1L single-pair Ethernet (SPE), providing an easily-deployed, Standards-based infrastructure that simplifies cable management, reduces costs, and enables more efficient use of pathway space. As explained in a new Tech Brief developed by Siemon’s Valerie Maguire, Distinguished Engineer and Chief Editor of the IEEE Std 802.3cg™-2019 10 Mb/s Single-Pair Ethernet project, 10BASE-T1L operation over TERA SPE cabling offers many advantages over traditional/proprietary operational technology for monitoring and controlling simple, low-speed devices in commercial enterprise environments. Download the Tech Brief 

Developed by the IEEE P802.3cg 10 Mb/s Single-Pair Ethernet Task Force and approved in November 2019, 10BASE-T1L supports 10 Mb/s transmission over balanced single–pair cabling for connecting a wide range of sensors, actuators, relays, contactors and other low-speed devices used for building automation applications such as HVAC, security/access and lighting control. Adoption of 10BASE-T1L is a milestone step in enabling interoperability and networking of smart industrial IOT devices. The standard also supports optional dc power delivery using IEEE 802.3 power over data lines (PoDL).

Siemon’s fully-shielded TERA SPE cabling solution offers the benefits of superior noise immunity, virtually zero emissions and superior transmission headroom to ensure guaranteed support of 10BASE–T1L over distances of up to 400 meters without the need for field testing. In addition, all system components are rated for current-carrying capacity up to 2 amps. By leveraging its versatile cable-sharing abilities, the standards-based 4-pair TERA outlet is uniquely capable of facilitating plug-and-play connections to 10BASE-T1L and 10/100/1000BASE-T Ethernet devices and equipment using 4-pair, 2-pair and 1-pair TERA plugs and 4-pair field terminated category 6A Z-PLUG™ connectors. Siemon’s innovative Z-PLUG offers best-in-class termination speed and a shorter plug design for easily making custom-length connections between SPE controllers and 4-pair Ethernet control systems and servers.

Siemon’s TERA SPE cabling solution is compatible with traditional 1-pair screw terminal interface connections commonly found on single-pair Ethernet equipment and devices. Siemon’s applications support specialists can also work with customers to support other SPE equipment interface types. TERA cabling may be deployed in conventional or zone cabling configurations to support both SPE and 4-pair Ethernet applications. Pre-cabling permanent links from patch panels in the mechanical/telecommunications room to Siemon zone enclosures housing TERA outlets enables more efficient use of pathways and facilitates rapid deployment of connections to devices or outlets serving devices when moves, adds, or changes are required.

“As an active contributor to the development of single-pair Ethernet standards and technologies, Siemon is in a unique position to understand the cabling infrastructure requirements to support emerging 10BASE-T1L applications,” explained  Maguire. “Our industry-leading TERA cabling system provides a full end-to-end channel solution that supports SPE applications and equipment at distances up to 400 meters while simultaneously eliminating the need for field testing and providing the efficiency of a single interface to support both 4-pair and single-pair Ethernet connections.”

To get the full details straight from the expert herself, download Valerie Maguires Tech-Brief: “Support of 10BASE-T1L with TERA® SPE Cabling  – Siemon’s Single-Pair Ethernet Solution is More than the Sum of Its Parts” https://www.siemon.com/en/home/forms/tb-10base-t1l 

About Siemon
Established in 1903, Siemon is an industry leader specializing in the design and manufacture of high quality, high performance IT infrastructure solutions and services for Data Centers, LANs and Intelligent Buildings. Headquartered in Connecticut, USA, with global sales, technical and logistics expertise spanning 100 countries, Siemon offers the most comprehensive suites of copper and optical fiber cabling systems, cabinets, racks, cable management, data center power and cooling systems and Intelligent Infrastructure Management solutions. With more than 400 patents specific to structured cabling, Siemon Labs invests heavily in R&D and the development of Industry Standards, underlining the company’s long-standing commitment to its customers and the industry. Through an ongoing commitment to waste and energy reduction, Siemon’s environmental sustainability benchmarks are unparalleled in the industry, including 179% global carbon negativity and zero-landfill status.

Siemon Interconnect Solutions (SIS) is a Siemon business unit comprised of a team of dedicated technical sales professionals supported by Siemon Labs, mechanical, electrical and signal integrity engineers committed to solving industry and customer driven interconnect challenges. We provide custom network infrastructure solutions to: OEM’s, Leading Manufacturers, Value-Added Resellers and System Integrators.

Contact Information
Brian Baum
Brian_Baum@siemon.com 
(860) 945-4325

PR Newswire

iiPay Opens Asia Pac Hub in Singapore

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Client Growth and Technological Innovation Accelerate Geographical Expansion

DALLAS and SINGAPORE, July 29, 2020 — iiPay, a market-leader in providing global payroll solutions to multi-national corporations, released details of the new office opening earlier this year in Singapore.  Singapore serves as the hub for the Asia Pacific operations and represents an exciting juncture of continued growth and investment in supporting global clients through service excellence and market leading technical innovation. iiPay continues to grow and partner with its existing clients while adding new clients at a rapid pace.  This focus on client service excellence and innovation has resulted in an average revenue growth rate exceeding fifty percent for the last three years. The Singapore office launch follows the previously announced launch of its Budapest Hungary hub earlier this year.

According to Absolute Reports, a research report company, the global Payroll and HR Software market is anticipated to rise at a considerable rate, during the forecast period, between 2020 and 2026. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. Clients in the fast-growing Asia Pacific region need increased payroll visibility and global reporting combined with compliance and accurate payroll delivery.

“iiPay’s investment in the Asia Pac region represents a commitment to serve clients in an exciting growth market with tremendous opportunities to reduce complexities, ensure compliance, and provide a standardized approach to global payroll,” stated Curtis Holmes, Chief Operating Officer, iiPay. “Our clients expect operational excellence in their currencies, local language, and time zone while respecting cultural norms.  We expect to be our clients trusted payroll partner around the globe as they expand their business.”

iiPay provides a truly global payroll solution, with a single technology platform to underpin day-to-day service delivery and enable effective compliance management, payment disbursements, data analytics and a single, standardized, Employee Self-Service experience across the globe.

About iiPay: iiPay is a service-focused global payroll provider, driven by their innovative cloud-based technology. iiPay’s  technology solution empowers Payroll, HR and Finance professionals through advanced data management, analytics and business intelligence functionality, enabling the user to access and report on any global data at any time. Focused on outcomes, iiPay reduces complexity, centralizes and simplifies multi-country payroll processes, and ensures compliance in every country for their clients. iiPay are focused on being more than a payroll vendor; instead, they strive to be a true partner and an  extension of their client’s payroll team, rather than an external provider. iiPay currently provide fully managed global payroll services in more than 170 countries.  iiPay’s relentless focus on service and software enhancements and the continued expansion of their footprint reflects the vision of the company to simplify global payroll and the ambition to ‘Pay the Planet’.

PR Newswire

SOS Ltd. Announces its Plans After Settling on the West Coast of Qingdao

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QINGDAO, China, July 29, 2020 — SOS Limited, (NYSE: SOS) (formerly China Rapid Finance Limited, the “Company“) today announced its plans for the future after it has settled on the west coast of Qingdao.

SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. (“SOS“) is a high-technology company providing a wide range of services to its corporate and individual members, including marketing data, technology and solutions for emergency rescue services. SOS is focused on the research and development of big data, cloud computing, Internet of Things, blockchain and artificial intelligence. We have created a SOS cloud emergency rescue service software as a service (SaaS) platform with three major product categories, including basic cloud (medical rescue card, car rescue card, financial rescue card, mutual assistance rescue card), cooperative cloud (information rescue center, intelligent big data, intelligent software and hardware), and information cloud (News Today, E-Commerce Today). This system provide marketing-related data, technology solutions, and technology-driven big data to clients such as insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, security providers, senior living assistance providers and other service providers in the emergency rescue services industry. SOS has obtained a national high-tech enterprise certification, the title of “big data star enterprise” awarded by Gui’an New District Government, and has registered 11 software copyrights and 2 patents.

As previously disclosed, on July 17th, 2020, SOS officially entered into a cooperation agreement with Qingdao West Coast New District Management Committee, a branch office of the Qingdao government, for the relocation of the Company’s headquarters.

According to the cooperation agreement, SOS will invest in building a financial data cloud headquarters in Qingdao. The Company’s aim is to build a comprehensive main headquarters encompassing the fields of investment, health management, insurance, financial factoring, emergency rescue, and data cloud center. The total planned investment is estimated to be around US$1 billion, and the first phase of the investment will be around US$50 million. Present at the signing ceremony were Mr. Yonghong Sun, Deputy Mayor of Qingdao city, Mr. An Zhou, Mayor of the West Coast New Area, Mr. Yandai Wang, the CEO of the Company, and Messrs. Jonathan Zhang and Wenbin Wu, independent directors of the Company.

In the next five years, we aim to create a complete ecological rescue, insurance, and safety testing service system, and enter India, Europe, the United States and other populous countries to create an international rescue service. Through big data and cloud computing service platforms, we plan to improve the entire internationalized rescue service, insurance, security testing, intelligent software and hardware, big data, cloud computing and other intelligent service systems.

About SOS Limited

SOS Limited (NYSE: SOS) is a holding company providing marketing data, technology and solutions to the emergency rescue services in China. The Company provides a wide range of services to its corporate and individual members in China through its operating subsidiary, SOS Information Technology Co., Ltd. (“SOS“). SOS also provides various types of membership cards to individual members in large corporations as part of employee benefits. Its products include SOS Medical Rescue Card, SOS Auto Rescue Card, SOS Financial Rescue Card, and SOS Life Rescue Card. SOS utilizes cloud and other cutting-edge technologies to provide marketing solutions in a new fashion, including its app based mobile platform, cloud call centers and large data centers. SOS has contractual service agreements with major banks, insurance companies, internet companies, and telecom providers in China. 

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties once the transaction is complete, and XRF’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. 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.

Additional information concerning these and other factors that may impact our expectations and projections can be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended December 31, 2019. XRF’s SEC filings are available publicly on the SEC’s website at www.sec.gov. XRF disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

PR Newswire

DriWay Technologies Commences Bomb Shelter Pilot Project with Korean Government

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The Daejeon City Government will use DriWay’s dehydration devices, starting in a key bomb shelter, to remove invasive moisture and improve air safety.

NEW YORK, July 29, 2020 — The Republic of Korea’s Daejeon City Government has commissioned DriWay Technologies to install its dehydration devices in the city’s bomb shelters, to reduce the invasive moisture within the structures. This partnership begins with a three-month pilot project in the Dunsan Fire Station bomb shelter, with installation to take place the first week of August 2020.

South Korea maintains approximately 19,000 bomb shelters throughout the country for civilian use in an emergency, such as potential missile attacks from North Korea. Many such shelters are located within structures like fire stations.

Daejeon, the country’s fifth largest metropolis, has declared its commitment to ensuring that the air quality in these bunkers is safe and healthy for its citizens. Upon encountering invasive building moisture that obstructed a summer 2020 renovation project in the Dunsan Fire Station, Daejeon city leaders initiated a partnership with DriWay to address the problem using DriWay’s dehydration devices.

DriWay’s patented technology naturally breaks the attraction that causes groundwater to rise into buildings, allowing a combination of evaporation and gravity to remove excess water from the walls. Without requiring any potentially hazardous chemicals or electrical power, it provides a sustainable, permanent, and environmentally friendly solution for building owners, managers, and occupants.

“The leadership of Daejeon, including Construction Department Chief Kim Jong Shin, have shown admirable dedication to the security and wellbeing of the people they serve. It is an honor for us to be entrusted with something as important as keeping the air within these bunkers safe and healthy for the city’s residents,” said Steve Kim, COO of DriWay Korea.

“We are proud to serve the city of Daejeon and help protect its residents by providing them with better air quality in its shelters,” said Roy Judelson, Global Chairman and CEO of DriWay Technologies. “These shelters are critical for keeping residents of South Korea safe from outside harm, and our priority is to support Daejeon’s leadership in also keeping residents safe from health hazards caused by invasive moisture inside the shelters.”

About DriWay Technologies
DriWay Technologies is a building health technology company that addresses the environmental and health hazards caused by invasive moisture: mold-causing ground moisture that naturally enters building foundations, basements, and ground floors and can inflict health risks, structural damage, and increased thermal insulation costs. This problem plagues 10% of buildings in the US, and higher percentages in other regions of the world, according to a 2019 EY market study.

DriWay is headquartered in London, with subsidiaries in the US, UK, UAE, and South Korea. It is currently providing its services to the US Government and marquee clients such as Grosvenor Group in London, Nakheel Properties in Dubai, Olshan Properties in New York City, and Hyundai Corporation in South Korea. In the next year, DriWay will also be expanding its operations into India, Japan, Indonesia, Greece, and Cyprus after recently completing a Seed Round financing at a $100 million valuation.

For all media inquiries, please contact media@driway.com.

PR Newswire

Envision Digital announces new management hires in ongoing global expansion

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Nine new senior executives signal Envision Digital’s rapid global expansion in key APAC and EMEA markets

SINGAPORE, July 29, 2020 — Global green tech, Artificial Intelligence and Internet of Things (AIoT) technology leader, Envision Digital International Pte Ltd (“Envision Digital”), today announced the appointment of nine new management hires as the company expands to deliver on its Net Zero Carbon and automation promises.  

The appointments follow the recent announcement of Envision Digital’s expansion into the German marketplace, which marks the 12th global office for the company. 

Envision Digital brings together AIoT to enable machine to machine, no human touch, real-time optimisation of key assets in the energy, building, manufacturing and city spaces. This includes solutions for solar or wind electricity generation, smart battery charging and load balancing, heating ventilation and air conditioning, field fault detection, predictive maintenance and asset optimisation, security and safety, as well as alerting.

Sylvie Ouziel, International President of Envision Digital International, says: “I am thrilled to welcome those new executives to our global team. We share the same vision and ambition towards a decarbonised and efficient world which reconciles performance and sustainability. Given the extreme economic and societal challenges the planet is facing, our corporate focus is to continuously support sustainable business growth while ensuring safe and efficient operations for public and private organisations. I am confident that our new colleagues will massively contribute to collectively reach those objectives.”

Five of the nine new hires serve global remits and three of them are based in San Francisco, California. They are the Global Chief Product Integration Officer (CPIO), Chief Information Security Officer (CISO), and Global Common Products Lead. Based out of Paris, France is the new Head of Global Digital Grid and Vehicle to Grid (V2G) Centre of Excellence (CoE). Based out of Singapore is the new Head of the Smart City and Decarbonisation domain.

Thomas Kiessling has been appointed as Global Chief Product Integration Officer (CPIO). Thomas will coordinate the architecture of Envision Digital’s offerings between the technology platforms and functional domains to maximise client value whilst fostering reusability and interoperability. He will also play a leading role in promoting Envision Digital’s solutions to key industry stakeholders, including industry analysts, software and system integration partners. Thomas has held various C-suite roles in the past, such as serving as the Chief Product and Innovation Officer of Deutsch Telekom. His most recent role was co-founder and Chief Technology Officer (CTO) of predictive IoT platform, AMPLY Power, Inc., specialising in electric vehicle (EV) smart charging systems.

Al Ghous joins as Global Chief Information Security Officer (CISO), bringing over 18 years of experience in cybersecurity strategy and operations, information and product security, and risk management. Al joins from his previous role as Chief Security Officer (CSO) at ServiceMax, a global asset-centric field service management company. He is also the co-founder of SVCI, a group of CISOs that operate as an angel investor syndicate.

Matthew Brocklehurst joins as the Global Common Products Lead for Envision Digital, leading new innovations, products and platform strategy, and enhancing existing offerings with a focus on renewables and energy storage. Matthew joins from his previous role as CTO at Power Factors, a performance optimisation platform for the renewable energy industry.

Xavier Becuwe joins as Head of Global Digital Grid and V2G CoE. He will lead a team of experts based in Paris and take responsibility of Envision Digital’s solutions in the Smart Grid and V2G Ecosystem. Xavier brings more than 13 years of experience in smart technologies, with a focus on smart grid and electro-mobility, developing innovations, building capacity and delivering solutions to major customers across Europe and Asia.

Ynse de Boer joins as the Smart City and Decarbonisation International Domain Lead, based out of Singapore. He will lead the development and deployment of Smart City, Smart Spaces and Corporate Decarbonisation programs. In his previous role at Accenture, Ynse built and led Accenture’s Strategy and Sustainability practices for Asia Pacific based in Singapore first, and more recently for a region comprised of France, Belgium, Luxemburg and the Netherlands.

The global hires will report to Sylvie Ouziel, International President of Envision Digital.

In APAC, Envision Digital has hired a Delivery Lead based in Singapore, Envision Digital’s global headquarters.

Saqib Khan joins the APAC team as Delivery Lead, directly reporting to Robin Li, head of the Global Solutions and Services Centre (GSSC) in Singapore. Saqib will ensure delivery excellence of client projects across the region. Beyond management duties, his role includes defining solutions and leading the implementation of large programs notably related to smart plans and assets management, where his personal expertise lies. Saqib has previously held roles as a Consulting Director at Deloitte and Principal Director at Accenture.

Complementing the Envision Digital leadership team, three new hires take various roles in Europe across operations and finance.

Marc Chevenement joins as Operations Director of Envision Digital France. He will be responsible for end-to-end client and partner projects, developing new partnerships within various industry verticals, as well as supporting cross-entity battery and wind turbine projects. Marc brings experience in industrial operations and digital business transformation, previously holding a variety of roles in automotive, consulting, and insurance at PSA, Accenture and Allianz.

Matthias Felber joins as Head of Operations for Envision Digital’s Germany retail activities, coordinating and implementing Envision Digital’s EV charging solution. Matthias brings over 20 years of experience across a range of business verticals, most recently serving as Managing Director of strategic digital consultancy, Neusta Accelerate.

Sabine Moser joins as the Finance Director of Envision Digital in Germany. She joins from intelligent automation solution provider, KUKA, previously serving as the Director of Finance for the EMEA region.

Sabine and Matthias will report to the new Managing Director of Envision Digital Germany, Drazen Nikolic, who was appointed in May this year, while Marc will report to Sylvie Ouziel, International President of Envision Digital.

About Envision Digital

Envision Digital is a global AIoT technology leader headquartered in Singapore with over 500 employees across 12 offices in China, France, Norway, the Netherlands, the United Kingdom and the United States.   

Envision Digital owns EnOS™ – the world-class AIoT operating system which currently connects and manages over 63 million smart devices and 120GW of energy assets globally. Its monitoring, advanced analytics, forecasting and optimising applications provide insights to help clients better manage their assets and portfolio performance. Its offering extends to Smart Renewables (Solar, Wind); Smart Cities; Connected Energy; and Smart Plants; partnering governments and companies in their digital transformation journey. 

As a major player in AIoT operating systems, Envision Digital is growing an ecosystem of partners to enable energy and digital transformation globally. Its growing list of over 250 customers and partners spans across ten industries and includes: Accenture, Amazon Web Services, GovTech Singapore, Keppel, Microsoft, Nissan, PSA International, PTT, Sonnen, Tableau and Total. 

For more information, visit www.envision-digital.com

Related Links :

http://www.envision-digital.com