Category Archives: PR Newswire

KIIT Deemed to be University Announces Free Education for Children of COVID Deceased in Odisha

BHUBANESWAR, India, July 27, 2020 — The COVID-19 pandemic has infected millions and caused much panic across the globe, including India and Odisha. The number of new coronavirus infections is increasing by day in Odisha. Many have also lost their lives. KIIT has always reached out to the distressed people at the time of natural calamities in the state. It has become the pride of Odisha as it has always stood by the people of the state at the time of their need. 

Kalinga Institute of Industrial Technology (KIIT) Deemed to be University
Kalinga Institute of Industrial Technology (KIIT) Deemed to be University

The COVID-19 pandemic has disrupted and devastated normal life and livelihoods of the people of Odisha. Now, KIIT Deemed to be University has extended a helping hand to the families of the COVID deceased. Acting on a proposal by the Founder of KIIT & KISS, Dr. Achyuta Samanta, KIIT-DU has decided to provide technical and professional education absolutely free of cost to the children of the COVID deceased in Odisha.

Sons and daughters of the COVID deceased in Odisha, who are interested, can apply to different technical and professional courses of KIIT-DU, including ITI and Diploma Engineering, as per their eligibility for admission. This facility will be available for two academic years, 2020-21 and 2021-22 only, informed KIIT authorities. Preference will be given to the children of COVID deceased from BPL, SC, ST and SEBC categories. The move will provide relief to the people of Odisha who have been made helpless by the pandemic.

KIIT is the only university in India and abroad to extend such humanitarian gesture to the families of the COVID deceased.

Besides this benign initiative, KIIT Deemed to be University has been running four standalone COVID Hospitals in Odisha with 1200 bed capacity and over 200 critical care units for the last five months. KIIT is also at the frontline of the state’s war against coronavirus by contributing in the fields of food and medical supplies provision to the needy, reaching the unreached, creating awareness and animal care since the beginning of the lockdown.

Media Contact:
Dr. Shradhanjali Nayak
shradhanjali@kiit.ac.in
+91-674-2725636
Director, PR
KIIT Deemed to be University 

Photo: https://techent.tv/wp-content/uploads/2020/07/kiit-deemed-to-be-university-announces-free-education-for-children-of-covid-deceased-in-odisha.jpg

 

Global Healthcare Interoperability Market to Witness Nearly Two-fold Growth by 2024

Data interoperability and data analytics are key contributors to global market revenue for healthcare interoperability, says Frost & Sullivan

SANTA CLARA, California, July 27, 2020 — Frost & Sullivan’s recent analysis, Global Healthcare Interoperability Market, Forecast to 2024, contends that interoperability has become a critical consideration for all health IT (HIT) applications. Countries where HIT interoperability standards are equally important and regulated are projected to drive the market, registering near-double-digit growth. The buoyant market for global healthcare interoperability is expected to grow at a compound annual growth rate (CAGR) of 13.8%, reaching $7.96 billion by 2024 from $4.17 billion in 2019.

Global Healthcare Interoperability Market to Witness Nearly Two-fold Growth by 2024
Global Healthcare Interoperability Market to Witness Nearly Two-fold Growth by 2024

For further information on this analysis, please visit: http://frost.ly/49u.

“With the advent of innovative delivery models and shifting focus on value-based care, the demand for interoperable systems will continue to grow,” said Koustav Chatterjee, Transformational Health Principal Analyst at Frost & Sullivan. “Additionally, the ability to achieve medical device connectivity across the care continuum will be critical. Real-time integration of accurate patient-generated data from connected apps and systems into a central command center platform that uses cognitive algorithms to automate care coordination and personalize intervention will be a key competitive advantage during and post-COVID-19.”

Chatterjee added: “From product segment perspectives, data interoperability and data analytics will primarily dominate the global healthcare data interoperability market. Both of these solution segments are expected to contribute more than 90% of the global market revenue throughout the study period. Further, application program interface (API) integration is the third-most important solution segment contributing to global market revenue, followed by data cleansing, data integration, and application integration.”

Globally, major government agencies are mandating healthcare stakeholders to comply with national healthcare data interoperability standards. This is resulting in higher adoption of HIT applications, thereby presenting immense growth opportunities for vendors involved in healthcare interoperability, including:

  • API Management: Vendors are encouraged to create API partnership platforms to achieve cross-continuum connectivity.
  • Data Management: Cloud or on-premise data centers comprise actionable healthcare intelligence, indicative of a past pattern of diseases, payment frauds, and operational inefficiencies.
  • Electronic Medical Record (EMR) Partnerships: Build the EMR interoperability consulting services business line.
  • Medical Device Partnerships: Utilize real-time assessment of patient-generated data by care episodes and patient population.
  • Health Information Exchange: Develop a central infrastructure to enable the delivery of actionable health data.

Global Healthcare Interoperability Market, Forecast to 2024, is the latest addition to Frost & Sullivan’s Transformational Health research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

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

Global Healthcare Interoperability Market, 2019–2024

K418

Contact:
Mariana Fernandez
Corporate Communications
P: +1 (210) 348.1012
E: mariana.fernandez@frost.com 
https://www.frost.com

Photo – https://mma.prnasia.com/media2/1219817/interoperability_healthcare.jpg?p=medium600

Related Links :

http://www.frost.com

K-BioMed Pioneer: VUNO Med®-Fundus AI™ Becomes Korea’s First-ever Innovative Medical Device

SEOUL, South Korea, July 27, 2020 — VUNO Inc., South Korean artificial intelligence (AI) developer and a member company of the Born2Global Centre, announced that VUNO Med®-Fundus AI™, its AI-based screening solution for the fundus, gained the honor of being the first-ever Innovative Medical Device in Korea by the Ministry of Food and Drug Safety (MFDS) in recognition of its high level of technological innovation. VUNO has proved its technological excellence in retinal fundus imaging analysis.

The MFDS was unanimously elected to be the first chair of Artificial Intelligence Medical Devices (AIMDs) at the International Medical Device Regulators Forum (IMDRF) held on June 25. All the credit goes to the agency’s continuous effort to set the path for the leading regulatory framework of AI-based medical devices by establishing guidelines for approval and review of AI-based medical devices in 2017 for the first time in the world.

With the MFDS taking at the helm, the Innovative Medical Devices are classified and designated among candidates that excel in safety and effectiveness compared to conventional medical apparatuses and treatments. The following is included in the evaluation criteria: technological intensity and pace of technological innovation (technological innovation); enhancement in safety and effectiveness compared to the existing medical devices (performance); and economic, social, and technological ripple effect (contribution to the public good and industrial value).

About VUNO Med®-Fundus AI™

VUNO Med®-Fundus AI™ analyzes retinal fundus images to detect more than 12 lesions and classifies them for diagnosis. The 12 findings detected by the device are an all–encompassing set of medical information that is crucial to diagnosing a wide range of retinal diseases including diabetic retinopathy, macular degeneration and glaucoma.

VUNO Med®-Fundus AI™ ranked top in the Automatic Detection Challenge on Age-related Macular Degeneration at the International Symposium on Biomedical Imaging (ISBI) 2020, following the winning of the Diabetic Retinopathy – Segmentation and Grading Challenge at the same competition in 2018 and the Medical Image Computing and Computer Assisted Intervention (MICCAI) 2018 Retinal Fundus Glaucoma Challenge. In addition, a clinical research paper published in Ophthalmology, one of the most prestigious academic journals in the field, validated the solution’s remarkable detection performance.

VUNO Med®-Fundus AI™, was approved as a Class III medical device in April by the MFDS based on the solution’s proven effectiveness and performance through a series of clinical trials. Furthermore, in June, it gained the Class IIa CE marking according to the European Union (EU) framework, thus allowing VUNO Med®-Fundus AI™ to be commercially launched in 27 EU member states and others that recognize the European CE mark.

For more detailed information on VUNO, please visit https://www.vuno.co/.

Media Contact

Yerim Kim
PR Manager, VUNO lnc.
rim@vuno.co

Sora Kang
PR Manager, VUNO Inc.
sora.kang@vuno.co

Jina Lee
PR Manager, Born2Global Centre
jlee@born2global.com

Related Links :

http://www.born2global.com/

Supermicro Unveils New Generation Top-Loading Storage Systems for High-Capacity Cloud-Scale Deployments

Customers Can Leverage Multiple Expansion Options with Flexible 60-bay and 90-bay Systems Available in Single-Node, Dual-Node, SBB, or JBOD Configurations

SAN JOSE, Calif., July 27, 2020 Super Micro Computer, Inc. (SMCI), a global leader in enterprise computing, storage, networking solutions, and green computing technology, announced an extension of its market-proven ultra-dense storage solutions with new 60-bay and 90-bay solutions. These best-in-class high-capacity storage and expansion systems are optimized for cloud-scale storage implementations as well as HPC storage applications.

This new top-loading architecture delivers the improved flexibility, modularity, and serviceability that customers need.  Both 60-bay and 90-bay systems are available in single-node and dual-node configurations, where the drives evenly split between each node. Also, the drives can be in a storage bridge bay (SBB) configuration for high availability, in which both nodes have access to all the drives, and one node backs up the other in case of a failure. With a modular, tool-less design, all key onboard systems – hot-swap server nodes, expanders, fan modules, power supplies, and drives – are fully optimized for easy serviceability by a single technician.

“Anticipating changing market dynamics and high growth in software-defined, cloud-based storage, Supermicro can help data centers to rapidly modernize their equipment to leverage flexible architectures, tool-less design modularity, and simple expansion capabilities,” said Charles Liang, president and CEO of Supermicro. “Our new high-capacity storage systems continue Supermicro’s focus on resource-saving and deliver industry-leading capacity per watt for a lower total cost of ownership (TCO) and lower total cost to the environment (TCE).”

Supermicro’s new high-capacity top-loading systems are optimized for enterprise environments, and support scale-up and scale-out architectures. These 4U systems feature 60x or 90x hot-swap 2.5″/3.5″ SAS3/SATA3 bays plus 2x onboard PCI-E M.2 slots and 2x internal slim SATA SSD slots. The single-node system also supports 2x rear hot-swap 2.5″ bays for OS mirroring and optional 4x NVMe U.2 bays for fast caching. At maximum configuration, the system supports 1,440 terabytes of cost-optimized storage. The single- and dual-node systems use 2nd Generation Intel Xeon Scalable processors in a dual-socket configuration with 16x DIMM slots per server node.

Supermicro Storage Summit

Supermicro is launching this product line in conjunction with the first Supermicro Storage Summit, which will highlight leadership technology and solutions for cloud-based storage. The Supermicro Storage Summit will take place in North America/EMEA on July 28, 2020, at 9:00 a.m. PDT, and on July 29, 2020, at 9:00 a.m. GMT+8 Asia-Pacific. Please click here for more information and to register.

For more on Supermicro’s top-loading storage solutions, please visit here.

Follow Supermicro on LinkedIn, Twitter, and Facebook to receive their latest news and announcements.

About Super Micro Computer, Inc.

Supermicro (Nasdaq: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced Server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and Embedded Systems worldwide. Supermicro is committed to protecting the environment through its “We Keep IT Green®” initiative and provides customers with the most energy-efficient, environmentally-friendly solutions available on the market.

Supermicro, Server Building Block Solutions, BigTwin, SuperBlade, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names and trademarks are the property of their respective owners.

Related Links :

http://www.supermicro.com

111, Inc. Launched Lung Cancer Patient Care Program “Cloud Enabled Lung Cancer Care by Great Doctors” for Full Life-cycle Management of Tumor

SHANGHAI, July 27, 2020 — Aiming to provide better health management services to lung cancer patients, “Cloud Enabled Lung Cancer Care by Great Doctors” was officially launched in Shanghai on July 25, 2020. The lung cancer patient care program (the “Program”), spearheaded by China Primary Health Care Foundation and co-hosted by Beijing Life Oasis Public Service Center, attracted the participation of 20 domestic and world-renowned lung cancer pharmaceutical and medical equipment companies. The Program offers diagnostic and treatment services including science popularization, medication guides, online consultation, follow-up consultation and clinic visitation support for lung cancer patients via a full life-cycle doctor-patient interaction platform. The platform is to be established and operated by 111, Inc. (“111”), a leading online healthcare company in China.

The Program adopts the “internet + healthcare” model with the goals of improving the efficiency of medical service delivery and the quality of survival of patients through systematic, professional and personalized multi-dimensional behavioral intervention for lung cancer patients,” said Liu Xiaopeng, Secretary-General of the Life Oasis Public Service Center of China Primary Health Care Foundation – a representative of hosts of the Program.

Prof. Jiang Liyan, Director of the Pulmonary Tumor Committee of China Medicine Education Association, said, “The lung cancer patient care program helps doctors to test and track the medical conditions of patients, which in turn, facilitates the establishment of a standardized management database with accumulation of patients’ medical information and a vast array of continuously updated and vetted treatment guidelines from the deep experience of clinicians in field of lung cancer in China. The patient management platform is a good start for China to set up its own normative lung cancer management model.”

According to Chief Innovation Officer Anfeng Guo of 111, lung cancer patients have been facing challenges in gaining access to timely, professional and personalized management services such as diagnosis and treatment during the continuation phase, in particularly when they are at home. 111 will leverage its online healthcare operational experience and new technology application to set up an efficient and one-stop digital service platform for the Program to empower lung cancer management for the benefits of lung cancer patients.

Supported by the platform, many patient services have been migrated from offline to online. Digitalization, visualization and non-contact are biggest features and advantages.

For patients, the Program removes the inherent limits of time and space in accessing to professional services, hence achieving rapid, efficient interaction between patients and attending physicians. Meanwhile, the virtual visits and consultation during the pandemic outbreak lowers the risk of infection caused by low immunity.

For clinicians, gathering data of single-disease cancer patients in a single digital platform will significantly reduce patient’s management cost, improve service efficiency and accumulate patients’ data to further enhance clinical research. Data structuring and quantification can help doctors to understand conditions of patients and assist them in prediction, diagnosis and treatment.

For pharmaceutical companies, the platform can improve patients’ medication compliance, enhance treatment effectiveness, and strengthen the competitiveness of products in the treatment process.

As an online healthcare pioneer and leader, 111 has had an enormous pool of patients with chronic diseases accumulated over the course of past ten years. Driven by new technologies like smart supply chain, cloud solutions, big data and AI, 111 has been focusing on the upgrade and innovation of its service model and continuous enhancement of its chromic disease management services. Participation in the Program is a significant move for 111 to enhance its single-disease cancer management services and also marks a key milestone to further enrich its chronic disease management services.

Dr. Yu Gang, Co-Founder and Executive Chairman of 111, pointed out that 111 has successfully launched fully digitalized and smart healthcare management service that centers on patients with the goals of empowering doctors through connecting patients and doctors with internet technology. It is an innovation of 111 in online healthcare and also a new move for 111 to drive its strategic initiative in drug commercialization for pharmaceutical companies, especially in cancer drugs, leveraging on its competitive advantage in smart healthcare supply chain resources.

Looking into the future, 111 will continue to leverage on its integrated healthcare platform that combines both offline and online resources to launch solutions for the omni-channel commercialization of drugs; further broaden and deepen full life-cycle management solutions for patients; improve medical service efficiency and quality of survival of patients, and fulfil the mission of connecting patients, drugs and medical services with digital technology.

Ranks as the first in morbidity and mortality among various kinds of cancers, lung cancer is the “number one killer” threatening lives and health no matter in China or in the world1. According to the latest China Malignant Tumor Morbidity and Mortality Analysis Report released by the National Cancer Center, there were 2.09 million new lung cancer cases worldwide in 2018, of which Asia accounted for over 50%. Meanwhile, lung cancer caused 1.76 million deaths globally in 2018, higher than combined deaths caused by breast cancer, colorectal cancer and prostatic cancer.

The World Health Organization once estimated that China will have over 1 million new lung cancer cases a year by 20252. Currently, the five-year survival rate in China is only 16.1%3. In recent years, with continuous technological breakthroughs in new treatments, the survival period of lung cancer patients saw continuous extension and lung cancer turned into a “controllable chromic disease” from an “incurable disease”. It is foreseeable that lung cancer prevention and treatment will be an important public health issue with huge market potential in China in the future.

____________

1.     GLOBOCAN 2018 published by the official journal of American Cancer Society

2.     World Cancer Report 2014 by the World Health Organization

3.     Public data by the National Cancer Center

About 111, Inc.

111, Inc. (NASDAQ: YI) (“111” or the “Company”) is a Company dedicated to digitally connecting patients with drugs and healthcare services in China. The Company provides hundreds of millions of consumers with better access to pharmaceutical products and medical services directly through its online retail pharmacy and indirectly through its offline pharmacy network. 111 also offers online medical services through its internet hospital, 1 Clinic, which provides consumers with cost-effective and convenient online consultation and electronic prescription services. In addition to providing direct services to consumers through its online retail pharmacy, 111 also enables offline pharmacies to better serve their customers.  The Company’s online wholesale pharmacy, 1 Drug Mall, serves as a one-stop shop for pharmacies to source a vast selection of pharmaceutical products. The Company’s New Retail platform, by integrating the front and back ends of the pharmaceutical supply chain, has formed a smart supply chain, which transforms the flow of pharmaceutical products to pharmacies and modernizes how they serve their customers.

For more information on 111, please visit: http://ir.111.com.cn/.

For more information, please contact:

111, Inc.

Investor Relations

Email: ir@111.com.cn

111, Inc.

Media Relations 

Email: press@111.com.cn

Phone: +86-021-2053 6666 (China)

GCM Strategic Communications

IR Counsel

Email: 111.ir@gcm.international

Related Links :

http://www.yiyaowang.com

Sohu.com to Report Second Quarter 2020 Financial Results on August 10, 2020

BEIJING, July 27, 2020 — Sohu.com Limited (NASDAQ: SOHU), China’s leading online media, video, search and gaming business group, will report its second quarter 2020 unaudited financial results on Monday, August 10, 2020, before U.S. market hours.

 

Sohu’s management team will host a conference call on the same day at 7:30 a.m. U.S. Eastern Time, August 10, 2020 (7:30 p.m. Beijing/Hong Kong time, August 10, 2020) following the quarterly results announcement.

Due to the outbreak of COVID-19, operator assisted conference calls are not available at the moment. All participants must preregister online prior to the call to receive the dial-in details.

Conference Call Preregistration

Participants can register for the conference call by navigating to https://apac.directeventreg.com/registration/event/8993497. Once preregistration has been completed, participants will receive dial-in numbers, an event passcode, and a unique registrant ID.

To join the conference, please dial the number you receive, enter the event passcode followed by your unique registrant ID, and you will be joined to the conference instantly.

A telephone replay of the call will be available after the conclusion of the conference call at 10:30 a.m. Eastern Time on August 10 through August 18, 2020. The dial-in details for the telephone replay are:

International:

+1-646-254-3697

Passcode:

8993497

The live webcast and archive of the conference call will be available on the Investor Relations section of Sohu’s website at http://investors.sohu.com/.

About Sohu.com

Sohu.com Limited (NASDAQ: SOHU) is China’s premier online brand and indispensable to the daily life of millions of Chinese, providing a network of web properties and community based/web 2.0 products which offer the vast Sohu user community a broad array of choices regarding information, entertainment and communication. Sohu has built one of the most comprehensive matrices of Chinese language web properties and proprietary search engines, consisting of the mass portal and leading online media destination www.sohu.com; interactive search engine www.sogou.com; developer and operator of online games www.changyou.com/en/ and online video website tv.sohu.com .

Sohu’s corporate services consist of online brand advertising on Sohu’s matrix of websites as well as bid listing and home page on its in-house developed search directory and engine. Sohu also provides multiple news and information services on mobile platforms, including Sohu News App and the mobile news portal m.sohu.com. Sohu’s online game subsidiary Changyou develops and operates a diverse portfolio of PC and mobile games, such as Tian Long Ba Bu (“TLBB”), one of the most popular PC games in China. Changyou also owns and operates the 17173.com Website, a game information portal in China. Sohu’s online search subsidiary Sogou (NYSE: SOGO) has grown to become the second largest search engine by mobile queries in China. It also owns and operates Sogou Input Method, the largest Chinese language input software. Sohu, established by Dr. Charles Zhang, one of China’s internet pioneers, is in its twenty-fourth year of operation.

For investor and media inquiries, please contact:

In China:

Ms. Pu Huang

Sohu.com Limited

Tel:

+86 (10) 6272-6645

E-mail:

ir@contact.sohu.com

In the United States:

Ms. Linda Bergkamp

Christensen

Tel:

+1 (480) 614-3004

E-mail:

lbergkamp@christensenir.com

 

Related Links :

https://www.sohu.com/

Huntkey Develops Portable Air Purifiers

SHENZHEN, China, July 27, 2020 — Oucica, a subsidiary of Huntkey, has released its portable air purifiers for global markets. The air purifiers are integrated with photocatalyst and HEPA filters for high-level purification efficiency.

Huntkey Portable Air Purifier:
https://en.huntkey.com/products/air-purifiers/

Apart from big-size air purifiers, Huntkey has introduced portable air purifiers to the markets. They are designed with a compact body and categorized into two series – car air purifier and desktop air purifier. The car air purifier is modeled CJ001, which is specially made for car drivers who care about the air quality inside their car. The desktop air purifier is modeled DJ010, which is ideal for working or living rooms.

The CJ001:
https://en.huntkey.com/product/car-air-purifier-golden/

The CJ010 measures a dimension of Φ67*180mm and it is designed like a water cup that can be easily put in a cup holder. Its air volume is 3.6cbm/h. It features air inlets near the bottom and air outlets on the top, as well as a button on the top to control the air purification volume and speed.

The DJ010:
https://en.huntkey.com/product/desktop-air-purifier/

The DJ010 is an egg-shaped air purifier, measuring a dimension of Φ108*160mm. Its air volume is stronger than the CJ010, which can be up to 10cbm/h. It is suitable for air cleaning for a room 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.

The common feature of the CJ001 and DJ010 is that they are both integrated with photocatalyst and HEPA filters inside, and this is an effective way to enhance their filtering capacity. Photocatalyst is a non-consumable catalyst that can activate chemical reactions to effectively remove airborne hazards which can’t be filtered by HEPA filters. By decomposing airborne hazards into carbon dioxide and water, the CJ001 and DJ010 will leave the users with no secondary pollution concerns. For more product information, please visit: http://en.huntkey.com/

Specifications:
Model: CJ001
Input: 5V/2A
Rated Power: 8W
Noise Level (Max.): 36dB(A)
Air Volume: 3.6cbm/h
Net Weight: 460g
Dimensions: Φ67*180mm
Cable Length: 1.2m
Paired with 1 AC Cable, 1 Car Charger, 1 Detachable HEPA Filter

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.

About Huntkey

Huntkey Enterprise Group, founded in 1995 and headquartered in Shenzhen, is a member of The International Power Supply Manufacturer’s Association (PSMA) and a member of The China Power Supply Society (CPSS). With branch companies in the USA, Japan and other areas, and cooperating factories in Brazil, Argentina, India and other countries, Huntkey has specialized in the development, design, and manufacturing of PC power supplies, industrial power supplies, surge protectors, adapters and chargers for many years. With its own technologies and manufacturing strength, Huntkey has served Lenovo, Haier, DELL, Bestbuy and many other large enterprises for years, and has received unanimous recognition and trust from most of the customers.

Related Links :

https://en.huntkey.com/

AP Memory Joins NXP Partner Program

TAIPEI, July 27, 2020 — AP Memory Technology Corporation (AP Memory, TWSE: 6531), a leading supplier of innovative DRAM products, has joined the NXP Connect Partner Program. AP Memory is a memory IC design company focusing on low to mid density DRAM solutions, providing a full range of IoT RAM (low pin count QSPI/OPI PSRAM), ADMUX PSRAM (CellularRAM™), and low power DRAM (LPDDR2/LPDDR3). Partnering with an advanced DRAM technology foundry, AP Memory offers products with world-class power, performance, supply longevity, and quality. AP Memory’s innovative products have been widely adopted in mobile, IoT, wearable, AI, and other applications. Since the company’s inception, AP Memory has shipped nearly 10 billion devices. AP Memory supports a wide range of NXP MCU and applications processors.

AP Memory differentiates itself as a leading customized DRAM supplier. AP Memory is the first company to define and deliver DDR PSRAM, Octal-SPI PSRAM, Quad-SPI PSRAM, ultra-low-power PSRAM, ultra-high-speed PSRAM, among many application-optimized products.

“We are delighted to be joining the NXP Partner Program and look forward to serving NXP customers, and making their solutions more competitive,” says Ivan Hong, Vice President and General Manager of IoT Business Unit of AP Memory.

“With the advent of IoT and AI, memory is an important part of our MCU and MPU platforms. We are very pleased to add AP Memory to our partner program. Their solutions will help our customers better realize the full potential of our products,” Robert Thompson, Director, Edge Processing MPU Ecosystem, NXP Semiconductors.

Further inquiries can be made at enquiry@apmemory.com.

Heroic-Faith raised NT$ 1.2 Billion for COVID-19 Unprecedented Need of Remote Patient Monitoring

TAIPEI, Taiwan, July 25, 2020 — Heroic-Faith uses deep learning and other forms of AI to develop algorithms that assist in the identification of normal and adventitious lung sounds, such as inhalation, exhalation, wheeze, stridor and crackles. The technology is also able to respond to excessive respiratory rate, slow respiratory rate, respiratory cessation and respiratory disorders such as chronic lung obstruction, asthma, pneumonia and pulmonary edema.

Heroic-Faith breaks the limits of the traditional stethoscope, for continuous, remote, and smart lung sound monitoring.
Heroic-Faith breaks the limits of the traditional stethoscope, for continuous, remote, and smart lung sound monitoring.

 

As a result of the global COVID-19 pandemic and the need for remote monitoring and evaluating respiratory function, Heroic-Faith has been able to collect over 500,000 breath sounds from multiple medical centers in Taiwan for labeling and analysis over the last 6-month period. This is as they maintain focus on constantly improving the AI continuous respiratory monitoring and expanding the AI-oriented assisted application.

Heroic-Faith has developed a mobile application that can function on a stand-alone machine, which can be used for respiratory monitoring in the areas of anesthesia, apnea alert, intensive care units, isolation wards, and even continuous breath monitoring at home.

Last November, the product was clinically used for non-intubation anesthesia surgery and examination at different medical centers in Taiwan. It has been identified that life-threatening symptoms can be found one minute earlier than traditional respiratory monitoring methods, which is incredibly valuable for patient outcomes.

The multichannel continuous respiratory monitoring system designed by Heroic-Faith has been used on patients with COVID-19, in a bid to eliminate the traditional method of auscultation that rendered challenging due to PPE, isolation protocols and the increase burden of infection that is placed on medical personnel.

Arthur Chen, the Executive Director of BE Capital, an early financial backer said, “Heroic Faith’s medical AI product has a wide range of clinical needs. They are one of the few smart medical equipment teams in the world that focuses on “breath sound”. Applying their continuous AI breathing detection system, it not only allows the doctors to examine the patient’s condition at a long distance when diagnosing COVID19, but also reduces the risk of respiratory system damage (Respiratory Compromise), caused by careless monitoring, during the sleep anesthesia or non-intubation anesthesia operation.”Heroic-Faith continues to extend their presence in the US, by cooperating with the Sleep Clinical Center of Stanford University to advance sleep medical research. They also continue to look for relationships with US based partners and venture firms by attending events such as the CES 2020 Smart Medical Highlights Team Exhibition.

Heroic-Faith Medical Science Co., Ltd., a developer of artificial intelligence (AI) solutions designed to assist physicians, patients and healthcare facilities in the identification and management of abnormal breathing sounds, announced the close of its first financing round. Spurred on by the current COVID-19 pandemic and the subsequent need for remote patient monitoring, particularly respiratory function, the Taiwan-based company secured investment for US$4 million. The investment was led by the Integral Group, a financial services company that is focused on high growth startups. The round also saw investment from AmTRAN, a world leader in LCD manufacturing, Top Taiwan Venture Capital, one of the largest VC firm in Taiwan and TAYA Venture Capital, the venture arm of the TAYA Electric Wire & Cable Group. For more information, visit https://heroic-faith.com/.

Taiwan Tech Arena (TTA) is a landmark initiative led by Taiwan’s Ministry of Science & Technology (MoST) to build a vibrant entrepreneurial ecosystem in Taiwan. TTA provides a gateway for startup networks around the world to engage with Taiwan’s technology resources and organizations. By encouraging innovation and the fusion of startup cultures, TTA hopes to create a self-sustaining environment for tech startups in Taiwan while providing a voice for Taiwan on the global stage.

Social Media Link
Facebook: https://www.facebook.com/HeroicFaithMedical/ 
Twitter: https://twitter.com/Heroic_Faith 
LinkedIn: https://www.linkedin.com/company/hf-medicalscience/about/

 

Arrowroot Capital Completes Sale of its Interest in SocialChorus, the Global Leader in Workforce & Employee Communications, to Sumeru Equity Partners

SANTA MONICA, California, July 25, 2020 — Arrowroot Capital Management, LLC (“Arrowroot”), a global growth equity firm in Santa Monica California, today announced the sale of its interest in portfolio company SocialChorus, Inc. (“SocialChorus”), the leader in end-to-end employee communications and engagement software solutions, to Sumeru Equity Partners L.P. (“Sumeru”). Arrowroot will continue to own a minority interest in the company.

Since Arrowroot’s initial investment in 2018, SocialChorus has successfully evolved from an employee social advocacy solution into a mission-critical enterprise workforce communications platform for the world’s largest companies with global, disparate workforces.

With Arrowroot’s partnership, SocialChorus made significant investments in technology, grew its sales & marketing headcount, and expanded its global presence.

“I want to thank the team at Arrowroot for believing in us,” said Gary Nakamura, CEO of SocialChorus. “We’ve enjoyed working with Arrowroot and their operating consultants (SRG) over the years and are excited to continue to call them friends and partners for many years to come.”

“In late 2017, we met with Gary and team and were deeply impressed with their early leadership position in this increasingly crucial and urgent market,” said Kareem El Sawy, Partner at Arrowroot Capital and Board Member of SocialChorus. “Since then, we have had the privilege of partnering with a top tier management team and seen them rapidly execute on their goal of becoming the global leader in employee communications and engagement software.”

GCA Advisors, LLC acted as lead financial advisor to SocialChorus for this transaction.

About Arrowroot Capital

Arrowroot Capital is a global growth equity firm based in Santa Monica, CA, focused on minority, majority, and buyout investments in B2B software companies. The firm serves as a catalyst for growth-related initiatives by partnering with management and leveraging its deep enterprise software expertise to deliver meaningful, tangible value. Learn more at www.arrowrootcapital.com.

About SocialChorus

SocialChorus is the leading workforce communications platform that empowers companies to work as one. We’ve built the only end-to-end solution that can reach, inform, and align every employee from the shop floor to home office. Employees get what they need, communicators and leaders focus on the message, and the platform takes care of the rest. Learn more at www.socialchorus.com.

Related Links :

https://www.arrowrootcapital.com