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PR Newswire

PR Newswire
New Valencia Region Arrives in Black Desert Mobile

SEOUL, South Korea, June 3, 2020 /PRNewswire/ — Pearl Abyss today announced that the new Valencia region has arrived in Black Desert Mobile. Starting today, Adventurers can delve deeper into the main story behind the world of Black Desert and fight against powerful enemies for valuable rewards.

New Valencia Region Arrives in Black Desert Mobile
New Valencia Region Arrives in Black Desert Mobile

Located east of Mediah, Valencia stretches across a large expanse of land that is equivalent in size to Balenos, Calpheon, Serendia, and Mediah put together. There is a vast desert that separates the Valencian Empire from the Republic of Calpheon and claims the lives of unprepared Adventurers.

West Valencia, which includes the Bashim and Waragon Territories, is the first of more Valencia region updates to follow in Black Desert Mobile. West Valencia offers Adventures a chance to acquire Abyssal-grade gear by defeating monsters that reside in the region. The main story of Black Desert Mobile will also be further unveiled as Adventurers play through the in-game quests.

Moreover, it will be easier for Adventurers to obtain high-grade Alchemy Stones as the success rate of crafting and synthesizing Alchemy Stones has been increased. In addition, auto-crafting is now available for Alchemy Stones.

Last but not least, Black Desert Mobile’s level cap has been raised to 75. Adventurers who reach the new level cap will be given a chance to fight against powerful monsters in the new region.

Visit Black Desert Mobile‘s official website for more information.

About Pearl Abyss

Best known for the MMORPG franchise Black Desert, Pearl Abyss is a leading developer in the game industry. Established in 2010, Pearl Abyss has since developed Black Desert for PC, mobile, and console, and is developing Shadow Arena for PC and console. All of Pearl Abyss’ games are built on the company’s own proprietary engine and are renowned for their cutting-edge graphics. The company is also developing Crimson Desert, DokeV, and PLAN 8 and is poised to continue its growth through 2020 and maintain its position as one of Asia’s leaders in game development. More information about Pearl Abyss is available at: www.pearlabyss.com  

Photo – https://photos.prnasia.com/prnh/20200602/2819350-1?lang=0

PR Newswire
KLEVV Builds on New SSD with Enhanced Line-up: Introducing NEO N610 2.5″ SATA & CRAS C710 M.2 NVMe SSDs

HONG KONG, June 3, 2020 /PRNewswire/ — KLEVV, an emerging memory brand introduced by Essencore, announced the launch of two new products, the NEO N610 2.5" SATA 6Gb/s SSD, and the CRAS C710 M.2 NVMe SSD. The next-generation solid-state drives are available in enhanced capacities of up to 1TB, offering accelerated system speeds while maintaining core stability. The introduction of these two new KLEVV SSDs is to provide an even more compelling SSD choice for users looking for rock-solid reliability and fast speeds for a wide range of uses.

NEO N610 2.5" SATA 6Gb/s SSD: A Perfect Combination of Performance, Reliability, and Stability

KLEVV NEO N610 2.5" SATA SSD
KLEVV NEO N610 2.5" SATA SSD

The NEO N610 2.5" SATA 6Gb/s SSD features latest 3D TLC NAND and a 4-channel controller IC, which increases the amount of data that can be transmitted at any given time. Different from other KLEVV 2.5" SSDs, NEO N610 provides an embedded DRAM buffer that enhances runtime performance while also extends the lifespan of the drive. It comes further equipped with a powerful LDPC ECC engine, an intelligent SLC caching algorithm, S.M.A.R.T. (self-monitoring, analysis, and reporting technology), over-provisioning, bad block management, and Global Wear Leveling technology. All of which combine to optimize performance, durability, reliability, and data integrity. The new NEO N610 SATA SSD comes in three capacities: 256GB, 512GB, 1TB, while delivering sequential read/write speeds of up to 560/520 MB/s, catering to customers with varied efficiency needs.

CRAS C710 M.2 NVMe SSD: Built for Gamers & Enthusiasts

KLEVV CRAS C710 M.2 NVMe SSD
KLEVV CRAS C710 M.2 NVMe SSD

Also offered in 256GB, 512GB and 1TB using 3D TLC NAND, the CRAS C710 M.2 NVMe SSD adopts PCIe Gen3 x4 interface supported by NVMe 1.3 technology. Which provides a sequential read speed of up to 2100 MB/s and a sequential write speed of up to 1650 MB/s, while retaining legacy technology to ensure stable performance even at high processing speeds, making it ideal for gaming or image processing. Optimized technologies include a thermal throttling algorithm to protect SSD integrity, SRAM error detection and correction, and CRC parity for end-to-end data path protection. In addition, the CRAS C710 shares all the essential functions that make KLEVV drives reliable, such as LDPC ECC technology, SLC caching, S.M.A.R.T. and Global Wear Leveling.

Responding to the Market with Additional Data Backup Software for Peace of Mind

By making customer service a top priority, Both CRAS C710 & NEO N610 have gone through KLEVV’s rigorous in-house examination process, and come with a five-year limited warranty as standard.  Further to that, KLEVV has improved user experience by providing complimentary Acronis® True Image™ HD 2018 software activation key, which gives users full disk-image backup access and universal restore functions for a seamless data transfer experience. Additional Acronis Active Protection function against ransomware is also available to help protect valuable data from this nefarious & modern data threat.

KLEVV products are distributed by Scorptec Computers in Australia. All lineups are available at Scorptec’s online and offline stores.

Find out more about the full range of Essencore/KLEVV products at: http://www.essencore.com/ and http://www.klevv.com.

About Essencore

Established in 2014, Essencore Limited, a company founded by a group of key figures from the major memory IDMs, aims to become the world’s top vendor of DRAM modules and NAND flash application products. The company started with one goal: to "Change the world and be a leader in semiconductor distribution". The business strategies of Essencore is to adopt the newest technologies to differentiate ourselves in front of customers from competitors, deliver dedicated Memory products, and offer various product portfolio for customer’s competition readiness. For more information, please visit www.essencore.com.

About KLEVV

KLEVV, is a premium brand of Essencore, the major Module and NAND Flash application product vendor. The KLEVV range includes gaming memory modules, microSDs, USB flash drives, and solid state drives. KLEVV is committed to delivering world-class products with first-rate quality. All products are designed in South Korea, home of the world’s top two largest memory IDMs. KLEVV memory has been recognized by Germany’s Red Dot Design Award in 2015 and 2019. For more information, please visit www.klevv.com.

Photo – https://photos.prnasia.com/prnh/20200407/2771158-2-a?lang=0
Photo – https://photos.prnasia.com/prnh/20200407/2771158-2-b?lang=0

Related Links :

http://www.essencore.com/

http://www.klevv.com

PR Newswire
China Online Education Group Announces Proposed Follow-on Public Offering of American Depositary Shares

BEIJING, June 3, 2020 /PRNewswire/ — China Online Education Group ("51Talk" or the "Company") (NYSE: COE), a leading online education platform in China, with core expertise in English education, today announced the commencement of a proposed registered underwritten public offering by the Company and certain selling shareholders of American depositary shares (the "ADSs"), each representing fifteen (15) Class A ordinary shares of the Company. The Company proposes to offer 428,571 ADSs (the "Primary ADS Offering"), and the selling shareholders propose to offer 1,000,000 ADSs (the "Secondary ADS Offering" and, together with the Primary ADS Offering, the "ADS Offering"). The underwriters in the ADS Offering will have a 30-day option to purchase up to 214,285 additional ADSs from the Company and certain selling shareholders solely for the purpose of covering overallotment.

Morgan Stanley & Co. LLC and Needham & Company, LLC are acting as the joint book-running managers for the ADS Offering.

The ADSs will be offered pursuant to the Company’s shelf registration statement on Form F-3 (the "Form F-3"), as amended, which was originally filed with the U.S. Securities and Exchange Commission (the "SEC") on April 6, 2020 and became effective on May 8, 2020. A preliminary prospectus supplement related to the proposed ADS Offering will be filed with the SEC. The Form F-3 and the preliminary prospectus supplement will be available at the SEC website at: http://www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained from (1) Morgan Stanley & Co. LLC, Prospectus Department, 2nd Floor, 180 Varick Street, New York, NY, 10014, United States of America, or by calling 1-866-718-1649, or by email at [email protected]; (2) Needham & Company, LLC, Attention: Syndicate Prospectus Department, 250 Park Avenue, 10th Floor, New York, New York 10177, or by calling 800-903-3268, or by email at [email protected].

This announcement shall not constitute an offer to sell, or a solicitation of an offer to buy, any securities, nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

This press release contains information about the pending offering of the ADSs, and there can be no assurance that the offering will be completed.

About China Online Education Group

China Online Education Group (NYSE: COE) is a leading online education platform in China, with core expertise in English education. The Company’s mission is to make quality education accessible and affordable. The Company’s online and mobile education platforms enable students across China to take live interactive English lessons with overseas foreign teachers, on demand. The Company connects its students with a large pool of highly qualified foreign teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "aims", "future", "intends", "plans", "believes", "estimates", "likely to" and similar statements. 51Talk may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about 51Talk’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: 51Talk’s goals and strategies; 51Talk’s expectations regarding demand for and market acceptance of its brand and platform; 51Talk’s ability to retain and increase its student enrollment; 51Talk’s ability to offer new courses; 51Talk’s ability to engage, train and retain new teachers; 51Talk’s future business development, results of operations and financial condition; 51Talk’s ability to maintain and improve infrastructure necessary to operate its education platform; competition in the online education industry in China; the expected growth of, and trends in, the markets for 51Talk’s course offerings in China; relevant government policies and regulations relating to 51Talk’s corporate structure, business and industry; general economic and business conditions in China, the Philippines and elsewhere and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in 51Talk’s filings with the SEC. All information provided in this press release is as of the date of this press release, and 51Talk does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

China Online Education Group
Investor Relations
+86 (10) 8342-6262
[email protected]  

The Piacente Group, Inc.
Brandi Piacente
+86 (10) 6508-0677
+1 (212) 481-2050
[email protected] 

PR Newswire
Memory, Power and AI Semiconductors in 5G to Hit $15.03 Billion in Revenues by 2025, Finds Frost & Sullivan

5G semiconductor applications witness unprecedented growth, driven by increasing data traffic and hardware improvements

SANTA CLARA, California, June 3, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Growth Opportunities for Memory, Power, and Artificial Intelligence (AI) Semiconductors in 5G, Forecast to 2025, finds that the 5G AI, memory, and power amplifier (PA) semiconductor market is rapidly transitioning from a nascent stage to a growth stage. It is strongly driven by exponentially increasing data traffic, technological advancements leading to hardware performance and capability improvements, and the emergence of new use cases. Registering an unprecedented growth at a compound annual growth rate (CAGR) of 74.3%, the market for 5G AI, memory, and PA semiconductors is estimated to garner revenue of $15.03 billion by 2025 from $536.9 million in 2019.

Frost & Sullivan - 5G
Frost & Sullivan – 5G

For further information on this analysis, please visit – http://frost.ly/458.

"5G is in the early commercialization stage, and a majority of the deployments in the coming years are expected to be in the sub-6 GHz range. Hence, short-term opportunities will be limited to traditional devices, such as smartphones, communication infrastructure, and laptops," said Prabhu Karunakaran, Test & Measurement Industry Analyst at Frost & Sullivan. "Further, the AI processor market for 5G applications is rapidly growing, specifically in edge devices. They are expected to play a significant role in various devices, including edge servers and autonomous cars."

Karunakaran added, "Memory integrated circuits (ICs) supporting 5G end-user markets will be the highest contributors. Power amplifier IC is estimated to have generated larger revenue due to multiple 5G deployments, with revenue from the infrastructure segment. Additionally, AI is in the infancy stage and is expected to grow significantly in the next five years."

To tap into opportunities created by memory, PA, and AI semiconductors in 5G, Frost & Sullivan has identified key prospects in the:

  • Manufacturing Sector: To mitigate the issues of surging operational costs in the manufacturing sector, semiconductor companies must work with network equipment manufacturers and robotics system manufacturers to integrate cost-effective memory, PA, and AI chips and capitalize on the opportunity.
  • Healthcare Sector: The spread of the COVID-19 pandemic has resulted in a sudden rise in the adoption of robotics in the healthcare sector. AI and PA market participants should look into optimizing the existing products to leverage this unprecedented opportunity.
  • Automotive Sector: Autonomous vehicles need an ultra-fast, reliable network that processes huge volumes of data. Hence, 5G AI, PA, and memory device manufacturers should develop automotive-grade devices that function reliably.
  • Retail Sector: AI, memory, and PA semiconductor market participants should increasingly focus on developing solutions for 5G edge servers that will require processing large data volumes.
  • Agriculture Sector: Digitization is transforming the agriculture sector rapidly. Market players must work with system and device manufacturers to develop cost-effective, application-specific integrated circuits to enhance farm productivity.

Growth Opportunities for Memory, Power, and Artificial Intelligence (AI) Semiconductors in 5G, Forecast to 2025 is the latest addition to Frost & Sullivan’s Test & Measurement 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.

Growth Opportunities for Memory, Power, and Artificial Intelligence (AI) Semiconductors in 5G, Forecast to 2025
(K44C-26)

Media Contact:
Priya George, Corporate Communications
M: +91 98403 55432; P: +91 44 6681 4414
E: [email protected] 

http://ww2.frost.com

Photo – https://techent.tv/wp-content/uploads/2020/06/memory-power-and-ai-semiconductors-in-5g-to-hit-15-03-billion-in-revenues-by-2025-finds-frost-sullivan.jpg

Related Links :

http://www.frost.com

PR Newswire
LiveU Launches the LU800 – First Production-Level Field Unit

Combining multi-camera production with mission-critical transmission over native 5G, the LU800 changes the rules of the game for live news and dynamic sports productions

HACKENSACK, New Jersey, June 2, 2020 /PRNewswire/ — LiveU today unveiled its all-in-one production-level field unit for live news and sports coverage. The LU800 combines multi-camera production and superior video and audio capabilities with mission-critical transmission in a native 5G unit. Designed from the ground up to unlock 5G potential, the unit offers unparalleled quality of service and resiliency.

LiveU's LU800 Production-Level Field Unit
LiveU’s LU800 Production-Level Field Unit

The LU800 supports up to four fully frame-synced feeds in high resolution from a single unit, using powerful IP bonding of up to 14 connections. The unit also offers the highest-quality video performance, with up to 4Kp60 10-bit HDR transmission for optimal color depth and richness, as well as up to 16 audio channels for high-end productions.

Samuel Wasserman, LiveU’s CEO, said, "Launching this ground-breaking product has taken on extra relevance, with the industry experiencing social distancing and budget limitations. There is an acute and growing need for high-quality, reliable and cost-effective solutions, supporting remote production (REMI) workflows. The LU800 offers unlimited possibilities for customers to enrich their productions and cover more events at a fraction of the cost of traditional transmission methods."

The LU800 provides new levels of resiliency, combining superior 5G performance with up to eight 5G internal, dual-SIM modems, supported by high-efficiency internal antennas. The unit has been optimized for 5G operations, addressing unique 5G requirements with maximum versatility and full support for 5G network evolution.

Wasserman continued, "With the return of live sports, 5G is expected to play a significant role in live production and contribution. The LU800’s smart 5G-bonding technology enhances the sustainability of video quality in sports stadiums and other venues, taking advantage of the increased bandwidth, lower latency and greater speeds offered by 5G networks. Our successful live 5G broadcasts with leading US, APAC and European cellular providers, together with our ongoing participation in EU 5G collaborative projects, have strengthened our knowledge and expertise in this field, enabling us to enhance our algorithms and solutions accordingly." 

With the LU800, LiveU now offers a full end-to-end contribution, production and distribution solution. The unit’s multi-camera production streams are fully managed by the LiveU Central cloud-based management platform and automatically fed into the LiveU Matrix IP content management and distribution workflow.

Available now, the LU800 product series accommodates any customer need or production scenario with multi-camera and single camera variants.

Watch the live LiveU press conference on our Facebook and YouTube pages.

About LiveU  
LiveU is changing the rules of the game for live news and dynamic sports coverage, providing all-in-one production-level field units for live video streaming and remote production workflows. Together with its cloud-based management and next-gen IP distribution platforms, LiveU offers the most cost-effective end-to-end contribution, production and distribution solution. The inventor and innovator of cellular bonding, the Company is synonymous with high-quality and flawless live video solutions, transmitted from anywhere in the world. With over 3,000 customers in 130+ countries, LiveU’s technology is the solution of choice for global broadcasters, news agencies, sports and entertainment, streaming live video to TV, mobile, online and social media.  For more information, visit www.liveu.tv, or follow us on Twitter, Facebook, YouTube, LinkedIn or Instagram.

Contacts:
Joyce Essig (US)
201-742-5229
[email protected]

Joss Armitage (Int’l)
+44-7979-908-547
[email protected]

Photo – https://techent.tv/wp-content/uploads/2020/06/liveu-launches-the-lu800-first-production-level-field-unit-1.jpg  
Logo – https://techent.tv/wp-content/uploads/2020/06/liveu-launches-the-lu800-first-production-level-field-unit.jpg

Related Links :

http://www.liveu.tv

PR Newswire
JinkoSolar to Report First Quarter 2020 Results on June 15, 2020

SHANGHAI, June 2, 2020 /PRNewswire/ — JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2020 before the open of U.S. markets on Monday, June 15, 2020.

JinkoSolar’s management will host an earnings conference call on Monday, June 15, 2020 at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing / Hong Kong the same day).

Dial-in details for the earnings conference call are as follows:

Hong Kong / International:

+852 3027 6500

U.S. Toll Free:

+1 855-824-5644

Passcode:

55108006#

Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available 2 hours after the conclusion of the conference call through 23:59 U.S. Eastern Time, June 22, 2020. The dial-in details for the replay are as follows:

International:

+61 2 8325 2405

U.S.:

+1 646 982 0473

Passcode:

319334664#

Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of JinkoSolar’s website at http://www.jinkosolar.com.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 11.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of December 31, 2019.

JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 14 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile and Australia, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina.

To find out more, please see: www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, 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" and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:

Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: [email protected]

Mr. Christian Arnell
Christensen
Tel: +86 10 5900 2940
Email: [email protected]

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: [email protected]

Related Links :

http://www.jinkosolar.com

PR Newswire
Bitauto to Report First Quarter 2020 Unaudited Financial Results on June 12, 2020

BEIJING, June 2, 2020 /PRNewswire/ — Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2020, before the U.S. market opens on Friday, June 12, 2020. Bitauto’s management will hold an earnings conference call at 8:00 AM on June 12, 2020 U.S. Eastern Time (8:00 PM on June 12, 2020 Beijing/Hong Kong Time).

Due to the outbreak of COVID-19, operator assisted conference calls are not available at the moment. All participants wishing to attend the call must pre-register online before they can receive the dial-in numbers.

Conference Call Pre-registration:

Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call. Once pre-registration has been completed, participants will receive dial-in numbers, direct event passcode, and registrant ID.

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

PRE-REGISTER LINK: http://apac.directeventreg.com/registration/event/3685489

A replay of the conference call may be accessed by phone at the following number until June 20, 2020:

US:

+1-855-452-5696 or +1-646-254-3697

International:

+61-2-8199-0299

Conference ID:

3685489

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

About Bitauto Holdings Limited

Bitauto Holdings Limited (NYSE: BITA) is a leading provider of internet content & marketing services, and transaction services for China’s automotive industry. Bitauto’s business consists of three segments: advertising and subscription business, transaction services business and digital marketing solutions business.

Bitauto’s advertising and subscription business provides a variety of advertising services to automakers through the bitauto.com website and corresponding mobile apps which provide consumers with up-to-date automobile pricing and promotional information, specifications, reviews and consumer feedback. Bitauto also provides transaction-focused online advertisements and services for promotional activities to its business partners, including automakers, automobile dealers, auto finance partners and insurance companies. Bitauto offers subscription services via its SaaS platform, which provides web-based and mobile-based integrated digital marketing solutions to new car automobile dealers in China. The SaaS platform enables automobile dealer subscribers to create their own online showrooms, list pricing and promotional information, provide automobile dealer contact information, place advertisements and manage customer relationships to help them reach a broad set of purchase-minded customers and effectively market their automobiles to consumers online.

Bitauto’s transaction services business is primarily conducted by its controlled subsidiary, Yixin Group Limited (SEHK: 2858), a leading online automobile finance transaction platform in China, which provides transaction platform services as well as self-operated financing services.

Bitauto’s digital marketing solutions business provides automakers with one-stop digital marketing solutions, including website creation and maintenance, online public relations, online marketing campaigns, advertising agent services, big data applications and digital image creation.

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

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, the business outlook of the Company and the quotations from management in this announcement, as well as Bitauto’s strategic and operational plans, contain forward-looking statements. Bitauto 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. Statements that are not historical facts, including statements about Bitauto’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our goals and strategies; our future business development, financial condition and results of operations; the expected growth of the automobile industry and the internet marketing industry in China; our expectations regarding demand for and market acceptance of our services and service delivery model; our expectations regarding enhancing our brand recognition; our expectations regarding keeping and strengthening our relationships with major customers, partner websites and media vendors; relevant government policies and regulations relating to our businesses, automobile purchases and ownership in China; our ability to attract and retain quality employees; our ability to stay abreast of market trends and technological advances; competition in our industry in China and internationally; general economic and business conditions in China; and our ability to effectively protect our intellectual property rights and not infringe on the intellectual property rights of others. Further information regarding these and other risks is included in Bitauto’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F. Bitauto 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. All information provided in this press release and in the attachments is as of the date of this press release, and Bitauto undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

China

IR Department
Bitauto Holdings Limited
Phone: +86-10-6849-2145
[email protected]

Philip Lisio
Foote Group
Phone: +86-10-8429-9544
[email protected]

Related Links :

http://ir.bitauto.com

PR Newswire
icometrix launches its icompanion platform for people with multiple sclerosis

LEUVEN, Belgium and CHICAGO, June 2, 2020 /PRNewswire/ — icometrix, the world leader to extract clinically meaningful data from brain scans, is proud to have launched the icompanion platform and phone application for people with multiple sclerosis on World MS Day!  icompanion is a medical device and is currently available in English, French, German, and Dutch.

To support people with multiple sclerosis, icompanion provides an easy and secure app to track symptoms, treatments, and physician visits. Users can also obtain educational information on the meaning and quality of their brain scans by uploading their MRI scans onto the platform. With this, icompanion provides a solution to log events that occur between neurologist visits, by means of day-to-day symptom-tracking and standardized questionnaires (patient-reported outcomes).

"As a neurologist, you see a patient only a couple of times a year and we know that a lot of valuable information is lost in-between," says Dr. Helmut Butzkeuven, neurologist at the Monash University in Melbourne, and director of MSBase, the largest global multiple sclerosis registry. "To make informed clinical and treatment decisions, it is important to have a complete picture of how a patient is doing," Dr. Butzkeuven continues. "Medical devices such as icompanion can greatly help in democratizing care, since today, patient care depends on where you live and who cares for you," Dr. Butzkeuven concludes.

"icompanion helps me keep track of my symptoms. Even if they seem insignificant, they are crucial in helping me communicate with my physician and prepare my visits. I think it’s great that by using icompanion, my data can also support researchers in their fight against multiple sclerosis. To win this battle we need everyone’s help, and together we are stronger," shares Roberto Paolella, living with MS for 15 years.

"Offering care based on data and objective measures is crucial to move towards more personalized and precise medicine for people with neurological disorders," says Wim Van Hecke, CEO of icometrix. "That is why we founded icometrix and developed the CE-labeled and FDA-cleared icobrain MR and CT brain measures, which are becoming standard of care. Through icompanion, the gap between doctor visits is bridged with clinically meaningful and validated data. The seamless availability of the icompanion data to the health care provider is very important in this context," Wim Van Hecke states.

About icometrix 
icometrix is the world leader in software solutions to obtain clinically meaningful data from brain MR and CT scans for patients with neurological conditions such as multiple sclerosis, brain trauma, epilepsy, dementia, Alzheimer’s, Parkinson’s, etc. The fully automated icobrain software from icometrix is FDA cleared and CE labeled and leverages artificial intelligence to quantify disease-specific brain structures. Today, icometrix is internationally active in over 100 clinical practices. Alongside this, icometrix works with healthcare providers and pharmaceutical companies on the evaluation of drug trials for neurological diseases.

Please visit icompanion.ms for further information.

Contact
Wim Van Hecke, CEO
[email protected]
+32 484 92 73 00

Press Kit 
https://tinyurl.com/ybm7tjzm

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PR Newswire
Made-in-China.com to hold online synchronous event for the 127th Canton Fair

NANJING, China, June 2, 2020 /PRNewswire/ — With the development of digital technology, there is a tendency for traditional business going online. Also, the COVID-19 pandemic is still spreading around the world. Therefore, in order to keep pace with the times and in response to the many nations’ strict lockdown for the pandemic, the 127th China Import and Export Fair ("Canton Fair" or "The Fair") will be held online from June 15 till June 24, in lieu of a physical exhibition.

The first virtual Canton Fair will create an online international trade platform of quality and specialty products that covers 16 major export categories, such as manufacturing and processing machinery, industrial equipment, health and machine, and consumer goods, and etc.

In order to explore new possibilities for efficient international trade, the Canton Fair will set up a cross-border e-commerce zone. And Made-in-China.com, as the leading comprehensive third-party B2B e-commerce platform in China, has been successfully selected as one of the official partners to have a seat in this cross-border e-commerce zone. Made-in-China.com will hold online simultaneous events from June 15th, 2020, which will create digital, immersive and convenient sourcing experience for global buyers.

With a focus on global trade and e-commerce, Made-in-China.com has been dedicated to developing technologies about SMART EXPO since 2016. Combining the advanced technologies like VR, 360 virtual tour and graphic interchange format, with abundant experiences of holding expos, Made-in-China.com created the original mode of "internet + expo" in China’s exhibition field while keeping improving and taking it to a higher level.

SMART EXPO simulates the experience which buyers could obtain during the traditional expos. 3D exhibition hall and virtual booth create a real participation experience for buyers. The online meeting room let buyers have the chance to negotiate with suppliers and send instant inquiries online. You can also set the meeting as private to protect your privacy and avoid interruption.

Moreover, SMART EXPO offers a series of customized services which buyers can only experience online. For example, the multilingual instant translation service will eliminate their worry about communication in different languages. They can also exchange their business cards whenever they want for further negotiation.

There are also services to help buyers to verify the qualification of suppliers. 360 virtual tour and video display of products can give buyers a direct understanding of suppliers’ enterprise, scale and quality. Meanwhile, buyers can check the ‘Audit Reports’ to get authentic information about suppliers and their products.

In this unprecedented time, Made-in-China.com will vow to hold as many SMART EXPOs as possible. "We will mobilize all our manpower and technical resources, improve our supporting services, help global buyers to do cross-border business conveniently and contribute to facilitating global economic growth," said by Li Lei, the general manager of Made-in-China.com.

PR Newswire
PatSnap develops new intelligence product to help advance innovation and R&D in material sciences

PatSnap anchors new R&D capabilities on Material Science in Singapore.

SINGAPORE, June 2, 2020 /PRNewswire/ — PatSnap, a global leader in innovation intelligence, is helping to spur innovation and R&D in the material science industry with the development of a new intelligence product. This product will leverage PatSnap’s recent partnership announcement with CAS, a division of the American Chemical Society specializing in scientific information solutions, and equip IP and R&D professionals in the material science industry with actionable R&D intelligence that can help shorten the new material innovation cycle significantly. 

The Singapore government has been a key partner to PatSnap, having supported its expansion in Singapore in 2017. This was for the enhancement and development of an R&D centre in Singapore, which has served as the hub where a number of PatSnap’s signature products have been developed. 

"The foundation we built in 2017 allowed us to quickly develop and grow our leading AI-powered R&D product, Discovery, which is now used by over 8,000 customers world-wide," said CEO & Founder of PatSnap, Jeffrey Tiong. "Our new product will combine world-class data, AI power, and our ability to connect the right dots, to enhance and advance industry innovation."

"Going forward, we will enrich our R&D innovation technology with a specific focus on the needs of the material sciences space. This sector is rapidly growing, especially with advancements in AI-driven material innovation," said Markus Haense, CTO & Head of Research at PatSnap. "Furthermore, the current global COVID-19 pandemic has elicited a special need for efficient material developments (i.e. masks, ventilators or antimicrobial materials). This calls for a requirement to explore biomaterials, and other tools of materials research, to accelerate a solution that can provide antimicrobial activity, to catch the virus and kill it within seconds, which can include antimicrobial polymers, bio plastics, organic or inorganic nanomaterials, metal oxide nanoparticles or ceramics. As always, materials research plays an immense role in finding these solutions."

PatSnap intends to hire a team of local, best-in-class AI professionals to spearhead the development of the new product, which will be rolled out globally in 2021.

"We are delighted to see PatSnap advancing innovation in material science with the continued development of R&D intelligence products," said Mr. Kiren Kumar, Chief Digital Industry Officer from Digital Industry Singapore. "PatSnap is a great example of a local company that has scaled quickly into a global organization, providing tangible value to the IP and R&D community through their products and creating new jobs in deep tech roles. We look forward to their continued growth  in the area of innovation intelligence."   

About PatSnap

PatSnap is the leading innovation intelligence platform designed to help you identify technological opportunities that could affect the growth and survival of your business. With the application of AI technology, PatSnap makes it possible to gain actionable intelligence from millions of global innovation data points on patents, venture capital, partnerships, journals, startups, mergers & acquisitions, technology news and more. From ideation to commercialization, we separate the signal from the noise at every step of your innovation funnel so you can learn everything you need to know about a company’s technology and innovation. Learn how innovation intelligence can help, visit www.patsnap.com

PatSnap Media Contact:
Irene Mukasa
647-209-3546
[email protected]

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Related Links :

https://www.patsnap.com

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