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PR Newswire

Macronix Provides Advanced Ultra-High-Performance OctaBus Flash Memory to STMicroelectronics’ Latest STM32 Microcontrollers

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512-Mbit OctaBus Memory Enables Fast Response Time, Easy Software Updates in ST’s New STM32H72x/73x, STM32L5 and STM32U5 MCU Discovery Kits, Evaluation Boards

HSINCHU, March 3, 2021 — Macronix International Co., Ltd. (TSE: 2337), a leading integrated device manufacturer in the non-volatile memory (NVM) market, today announced that STMicroelectronics (ST) is using Macronix OctaBus™ flash memory for several STM32 microcontroller (MCU) platforms, including the STM32H72x/73x, STM32L5 and the recently announced STM32U5. Macronix’s MX25 OctaBus family is providing the high-performance memory on select STM32 Discovery Kits and Evaluation Boards.

"Finding an external memory solution that allows our STM32 devices to demonstrate the full range of their exceptional performance and features is key to the success of our industry-leading family of MCUs," said Daniel Colonna, marketing director, Microcontroller Division, STMicroelectronics. "By helping developers exploit the full capabilities of the STM32 MCUs, Macronix, with its OctaBus non-volatile memories, is a member of the ST Partner Program and a contributor to the extensive STM32 ecosystem."

"We’re pleased to continue our valuable partnership with STMicroelectronics and to deliver innovative solutions that unleash the exceptional performance of the wide STM32 offering," said F.L. Ni, vice president of marketing at Macronix. "STM32 family is designed to cover the full spectrum of performance, high memory integration and power savings for smart, connected products."

The highly advanced STM32 devices embed up to two Octal SPI ports supporting the OctaBus interface, which comprises Macronix’s octaflash 8 I/O NOR and OctaRAM™ memories. OctaBus memory devices have been designed to meet current and emerging trends of demanding applications that require extremely high performance, reliability and an enhanced user experience.

The MX25LM/UM OctaBus memories meet the growing demand for "instant-on" performance and real-time system responsiveness for external memories in automotive, industrial and consumer applications. The ultra-high-performance OctaBus memory products can perform up to an operational frequency of 250MHz with 500MB/s read throughput, which is the industry’s fastest. The OctaBus memory devices enable system architects to meet customers’ demanding expectations for systems with a rich graphical user interface and achieve ultra-fast response times.

The MX25LW/UW OctaBus memory family has exceptional features for efficient management of over-the-air (OTA) software updates and data logging. Those features of the MX25LW/UW family are also a natural extension as execute-in-place (XIP) memory for STM32 MCUs. OctaBus memory offered in densities up to 2Gb can support the most advanced graphical user interfaces.

The STM32 family of 32-bit microcontrollers, based on the Arm® Cortex®-M processor, is designed to offer new degrees of freedom to MCU users. It offers products combining very high performance, real-time capabilities, digital signal processing, low-power / low-voltage operation, and connectivity, while maintaining full integration and ease of development.

About Macronix

Macronix, a leading integrated device manufacturer in the non-volatile memory (NVM) market, provides a full range of NOR Flash, NAND Flash, and ROM products. With its world-class R&D and manufacturing capability, Macronix continues to deliver high-quality, innovative and performance-driven products to its customers in the consumer, communication, computing, automotive, networking and other market segments. Find out more at www.macronix.com.

OctaBus and OctaRam are trademarks of Macronix International Co., Ltd.

Related Links :

http://www.macronix.com/

PR Newswire

Tencent Cloud Deploys its First MENA Region Internet Data Centre Hub in Bahrain

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  • Middle East cloud market expected to reach USD 4.5 billion by 2024, highlighting the growing opportunity in the region
  • Tencent Cloud will capitalise on Bahrain’s position as a regional cloud services hub

HONG KONG, March 1, 2021 — Tencent Cloud, the cloud business of Tencent, today announced its collaboration with the Bahrain Economic Development Board (EDB) — the Kingdom of Bahrain’s Investment promotion agency. The two parties signed a Memorandum of Understanding (MoU), with the aim to drive the Kingdom of Bahrain’s Internet Data Centre (IDC) development and support its rapid emergence as the Middle East and North Africa (MENA) region’s hub for the cloud and IDC sectors. The MoU signing also marks a significant milestone for Tencent Cloud as it deploys its first public cloud infrastructure in the MENA region.

According to research by MarketsandMarkets, the Middle East’s cloud market is expected to reach USD 4.5 billion by 2024, with a CAGR of 17.5 percent over the same period, highlighting the growing opportunity in this region.

The MoU between Tencent Cloud and the Bahrain EDB will allow for substantial opportunities to boost the local digital economy, empowering local organisations to expedite their digital transformation journey. It will also allow Tencent Cloud to leverage on Bahrain’s regional position, and the EDB’s connectivity with local and regional stakeholders, including Bahrain’s sovereign wealth fund, Mumtalakat.

The terms of the MoU include:

  • Tencent Cloud’s first IDC in Bahrain and MENA: Tencent Cloud will launch a brand-new IDC in Bahrain, which will go live by the end of 2021.
  • Promoting the deployment of Tencent Cloud: Bahrain EDB, together with public and private stakeholders will encourage the continued adoption of cloud services to further the digital transformation agenda. Additionally, support will be offered to partner companies to leverage cloud services in collaboration with local stakeholders such as Tamkeen.
  • Local talent development: Tencent Cloud will explore and set up training initiatives jointly with the local government in universities and educational institutions across the Kingdom to allow for further knowledge transfer and qualified digital technology talents.

H.E. Kamal bin Ahmed Mohammed, Bahrain’s Minister of Transportation and Telecommunications, said, "This is an important milestone in Bahrain’s journey to become the MENA region’s cloud and data centre hub and I commend the EDB for their ceaseless efforts in developing the partnership with Tencent and ensuring that Bahrain is a favored destination for investment. Tencent joins leading global cloud giants in setting up in Bahrain which will drive massive growth in data traffic towards MENA. Moreover, the launch of the new data centre stands to create a clustering effect as other global providers turn their attention to the increasingly attractive region, with Bahrain positioned as the destination of choice with proactive initiatives such as the Government’s ‘Cloud-First’ policy and nationwide 5G."

Poshu Yeung, Senior Vice President, Tencent Cloud International, said, "While the local government in Bahrain has been making significant efforts to grow the local IDC industry, Tencent Cloud is excited to collaborate with Bahrain EDB as part of our ongoing efforts to ramp up the global IDC landscape. We will launch all necessary steps to set up a brand-new IDC in Bahrain to provide better coverage all over the Middle East and North African regions along the Belt and Road, fully supporting Bahrain’s ‘Cloud-First’ strategy."

H.E. Khalid Humaidan, Chief Executive, Bahrain Economic Development Board, said, "As a global leader in technology, innovation and cloud services, the EDB is very proud to be partnering with Tencent to set up their first MENA data center hub in Bahrain. We are confident that Tencent will be able to leverage on the Kingdom’s regional connectivity, local talent, and business friendly environment to expand their services and reach clients across the region."

Raed Fakhri, Managing Director – Investments, Mumtalakat, added, "Innovative technologies, including cloud services and other content driven services, are an area that Mumtalakat is keen to explore and support as Bahrain progresses with its ‘Cloud First’ policy. As one of the first organisations in the Kingdom to achieve full cloud migration we are excited to witness this milestone that will only further enhance Bahrain’s diversification strategy."

In 2017, Bahrain introduced the region’s first nationwide "Cloud-First" policy to enhance government information and communication technologies, driving the adoption of cloud across state entities and reducing IT costs by up to 90%.

Operating in 27 regions and 60 availability zones worldwide, Tencent Cloud is a secure, reliable and high-performance public cloud service provider that integrates Tencent’s infrastructure-building capabilities with the advantages of its massive user platform and ecosystem. By harnessing Bahrain’s track record of agile and forward-thinking data regulation, as well as its strategic location within the region, Tencent Cloud will enhance its rich array of global services to both the public and private sectors in the region.

Tencent Cloud Deploys its First MENA Region Internet Data Centre Hub in Bahrain
Tencent Cloud Deploys its First MENA Region Internet Data Centre Hub in Bahrain

About Tencent Cloud

Tencent Cloud is Tencent’s cloud services brand, providing industry-leading cloud products and services to organizations and enterprises across the world. Leveraging its robust data center infrastructures around the world, Tencent integrates cloud computing, big data analytics, AI, Internet of Things, security and other advanced technologies with smart enterprise scenarios. At the same time, we provide a holistic smart enterprise solution for sectors including finance, education, healthcare, retail, industry, transport, energy and radio & television.

PR Newswire

Glory Star Enters Market for Intelligent IoT Terminals to Drive Development of Content Services

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BEIJING, Feb. 25, 2021 — Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading mobile and online digital media and entertainment company in China, today announced that it has signed a content service agreement (the "Agreement") with Hangzhou Beiying Network Technology Co., Ltd. ("Hangzhou Beiying"), a subsidiary of Dangbei Network Technology Co. Ltd. ("Dangbei Network"), the leading smart home entertainment solution developer and manufacturer. The Company has received the initial payment of RMB6 million from Hangzhou Beiying under the Agreement. The Company believes that the cooperation with Hangzhou Beiying will further catalyze the development of the Company’s content services business and therefore help to increase the long-term growth momentum of the Company’s enterprise value.

Under the Agreement, Glory Star will distribute its high-quality content, such as its unique domestic short-form video matrix, Cheers lifestyle video series, PGC interactive live streaming events, and more, on Hangzhou Beiying’s multiple intelligent terminals and smart hardware equipment markets, including but not limited to Dangbei Market, SONY TV, Baidu App Market, Skyworth TV, Konka TV, Haier TV, Xiaomi TV, Panasonic TV, Wasu TV, XGIMI Projector, and JmGo Projector. In addition, the Company will also launch an updated version of its CHEERS Video App designed specifically for large screens. As part of its new consumption model, the Company plans to utilize smart algorithms to provide high-quality short-form video content and e-commerce services that are tailored to the preferences of hundreds of millions of large screen users, which will further promote the development of the Company’s content services in the domestic market for intelligent IoT terminals.

Glory Star owns multiple registered copyrights and provides high-quality and original short-form videos on its CHEERS Video platform. Over the years, the Company has been committed to expanding its short-form video content across various fields, such as e-commerce, live streaming, marketing, education, and lifestyle services. This has led to the development of the Company’s unique content-based new consumption model in China. Through its cooperation with Hangzhou Beiying, the Company will utilize its competitive strengths in short- and medium-form video content creation, user operation management, big data analysis, and algorithms, as well as Hangzhou Beiying’s mature intelligent terminal ecosystem. As a result, the Company will be able to provide more immersive and interactive experiences to its users in order to meet their needs across a wider range of consumption scenarios. At the same time, such advantages will also enable the Company to deepen its collaborations with IoT industry partners. By integrating digital content and digital technology with intelligent IoT terminals, the Company will further enrich the lives of its users and enhance its users’ smart living experiences in multiple scenarios.

About Dangbei Network Technology Co. Ltd.
Founded in 2013, Dangbei Network Technology Co. Ltd. ("Dangbei Network") designs and manufactures large screen home entertainment solutions with award winning engineering and innovation in premium quality and style. Dangbei Network’s product lines include hardware, such as smart home entertainment projectors and the super TV box, as well as software, such as Dangbei OS, Dangbei Store, customized large screen content for TVs and projectors, and apps. As a result of its strategic partners, professional team, and investors, including Shunwei Capital, Haitong, and Suning Group, Dangbei Network has grown into a leading developer in the intelligent TV network industry, serving more than 300 million global users. In China, Dangbei Market is the number one store for large screen applications, with 80% of the total market share. Additionally, Dangbei projector ranks in the top 3 spots for projectors on JD.com and TMall, the biggest ecommerce platform in China.

About Glory Star New Media Group Holdings Limited
Glory Star New Media Group Holdings Limited is a leading mobile entertainment operator in China. Glory Star’s ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people’s lives. The company’s large and active user base creates valuable engagement opportunities with consumers and enhances platform stickiness with thousands of domestic and international brands.

Safe Harbor Statement
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions  (or the negative versions of such words or expressions ) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; and other factors listed in the Company’s Annual Report on Form 10-K for the year ending December 31, 2019 and in other filings made by the Company with the Securities and Exchange Commission from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

Contacts
Glory Star New Media Group Holdings Limited
Yida Ye
Email: yeyida@yaoshixinghui.com

ICR LLC.
Sharon Zhou
Tel: +1 (646) 308-0546
Email: gsnm@icrinc.com

 

PR Newswire

Computime Accelerates Intelligent Enterprise Journey with SAP Solutions in Hong Kong

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HONG KONG, Feb. 24, 2021 — Computime Group Limited (Stock Code: 0320.HK), a global leader in electronics manufacturing services and specialized Internet of Things (IoT) solutions, is furthering its growth as an intelligent technology-driven enterprise by leveraging a host of SAP solutions in Hong Kong. Computime is in the process of adopting SAP S/4HANA and SAP Analytics Cloud with SAP Cloud Platform as the core, in conjunction with SAP technologies tailored for the technology-driven business to accelerate its digital transformation.

With strong business and operation foundation laid down over years, the Hong Kong-based Computime is further strengthening its growth trajectory and market position from a traditional electronics manufacturer into a developer of innovative technologies for the IoT and smart living sectors. This advancement of digital transformation will reshape Computime’s end-to-end operations with the following suite of SAP cloud and on-premises solutions with the aim to reimagine and automate its business processes and make better, faster decisions.

  • At the core of the deployment is SAP S/4HANA as the backbone that integrates standardized sales, sourcing, manufacturing, finance and reporting processes.
  • With SAP Analytics Cloud, Computime can visualize its data, produce more customized, accurate forecasts, reports and plans and better manage its workflow, from research to production and shipment.
  • SAP Sales Cloud enables Computime to quickly and more fully respond to customer requests.
  • SAP Ariba Sourcing can reduce supplier onboarding costs and compliance risk to help increase product profitability.
  • Advanced SAP financial tools let Computime gain real-time insight into global cashflow and liquidity management, which ensures secure and compliant treasury operations governance.

"With SAP S/4HANA as our digital foundation, we are in a position to take advantage of other SAP innovations such as SAP Analytics Cloud and SAP Cloud Platform that deliver deep industry-specific capabilities. A high-tech manufacturing solutions organization, like Computime, that invests heavily in research and engineering, has unique needs and we remain at the forefront of our industry by embracing the best new technologies," said Bernard Auyang, Executive Director and Chief Executive Officer of Computime.

Fabian Padilla Crisol, Managing Director, SAP Hong Kong, said, "As a dynamic company, proven to be committed to transforming to seize opportunities in a fast-changing technology landscape, Computime is now moving forward even faster with SAP solutions. SAP’s value-focused approach is enabling Computime to see benefits in terms of productivity, cost savings and sales, with a low total cost of ownership, while ongoing simplification will help it continue to grow as a more agile intelligent enterprise in the future."

About SAP

SAP’s strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com/hk.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2021 SAP SE. All rights reserved.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

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PR Newswire

WiMi Wins Bid for Second Phase of China Mobile AND Media Cloud Platform’s Remote Interaction Holographic Project

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BEIJING, Feb. 19, 2021 — WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading Hologram Augmented Reality ("AR") Technology provider in China, today announced that it has won the bid for the second phase of China Mobile AND Media Cloud Platform’s remote interaction holographic project (the "Project").

Bidding for the Project started at 10 AM Beijing time on February 1, 2021. All companies in China’s holographic and communication industries were able to fill out an application. The application evaluation process was executed according to the bid evaluation method specified in the Bidding Laws of the People’s Republic of China, other related regulations, and bidding documents. After a series of rigorous evaluations, it was decided that WiMi’s application stood out from the rest, and according to the bidding result announcement released on February 10, 2021 at China Mobile’s official website, WiMi won the bid.

With hundreds of millions of users, China Mobile is the largest mobile communication operator and leading operator of 5G mobile communication infrastructure in China. As of December 2020, China Mobile had 165 million customers with 5G data plan and 775 million customers with 4G data plan. With its comprehensive communication infrastructure and superior high-bandwidth 5G mobile communication network, China Mobile maintains broad development prospects in the field of remote interaction holographic communication. WiMi’s status as a qualified supplier and partner for China Mobile marks a significant improvement in the Company’s overall competitiveness. Going forward, as domestic communication operators continue to increase their investment into 5G technologies each year, it is expected that WiMi will also achieve significant advances and strategic breakthroughs in terms of its collaborations with 5G operators in China.

The selection of WiMi for the Project is further evidence of the Company’s strong technical strengths. As a leading AR hologram technology provider for holographic 5G communication applications, the Company remains committed to independent R&D as well as investment into 5G and other core technology fields. Going forward, the Company plans to utilize such advanced technologies as 5G, AR, virtual reality, holographic communications, and more, to continue strengthening its collaborations with China Mobile as well as other communication operators and industry partners. At the same time, the Company will also focus on leveraging these technologies to further promote the development of its holographic 5G communication business while further accelerating the digital transformation of domestic holographic communication applications in other industry verticals.

About WIMI Hologram Cloud Inc.

WiMi Hologram Cloud, Inc.(NASDAQ: WIMI), whose commercial operations began in 2015, is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, holographic pulse laser, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, holographic laser automotive application, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, automobile holographic communication and other holographic AR technologies. For more information, please visit http://ir.wimiar.com.

Safe Harbor / Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the 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. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release, as well as the Company’s strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, 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. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws. 

Contacts
WIMI Hologram Cloud Inc.
Email: pr@wimiar.com

ICR, LLC

Sharon Zhou
Tel: +1 (646) 975-9495
Email: wimi@icrinc.com

Related Links :

http://ir.wimiar.com/

PR Newswire

Crunchfish enrolled to VISA Technology Partner program

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STOCKHOLM, Feb. 19, 2021 — Crunchfish AB ("Crunchfish") announces its enrolment into VISA Technology Partner program with its Digital Cash solutions. As a VISA technology partner, Crunchfish will get access to VISA specifications and toolkits enabling potential integration with the VISA digital payment rail.

Crunchfish’s patent pending Digital Cash solutions are built on a two-tier offline vs. online settlement architecture. As a VISA Technology Partner, Crunchfish will get access to VISA specifications and toolkits enabling Digital Cash development, evaluation and potential integration with the VISA digital payment rail.  

"To be invited into VISA Technology Partner program is an important milestone for the company and a testimony of Crunchfish’s technology prowess. It suggests that Digital Cash is a promising solution that may become an integral part of digital payments of tomorrow," says Crunchfish’s CEO Joachim Samuelsson.

For more information, please contact:
Joachim Samuelsson
CEO Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com

Ulf Rogius Svensson
IR & Marketing Manager
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com

Vastra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/crunchfish/r/crunchfish-enrolled-to-visa-technology-partner-program,c3290126

The following files are available for download:

https://mb.cision.com/Main/14959/3290126/1375480.pdf

210219 – Crunchfish enrolled to VISA Technology Partner program

https://news.cision.com/crunchfish/i/visa-pr-bild,c2879469

VISA PR bild

 

PR Newswire

Diginex launches Front-to-Back Digital Assets Trading, Portfolio Management and Risk Platform Powered by Itiviti

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SINGAPORE, Feb. 17, 2021 — Diginex Limited (Nasdaq: EQOS), the digital assets financial services company, and Itiviti, a leading technology and service provider to financial institutions worldwide, today announced the launch of ‘Access’, a front-to-back trading, portfolio, and risk management solution that enables the trading of cryptocurrencies and crypto derivatives across several platforms.

Access is powered by Itiviti’s Tbricks, an award-winning trade automation technology and infrastructure that is recognized globally as one of the most popular institutional trading platforms available.

The launch of ‘Access’ comes as institutional investors are making a wholesale shift into digital assets, driven by dwindling returns in traditional assets and escalating fiscal stimuli fueling rising concerns about inflation. 

Access provides investors with an aggregated order book across exchanges, and the ability to ensure best execution across their previously disparate liquidity pools. Execution, order and portfolio management are streamlined for investors through a robust front, middle, back office with real time risk and P&L.

Tbricks is a next-generation, cross-asset trading system optimized for low latency, high throughput and scalability. Already in use with many tier one sell-side firms and banks, today’s launch will mean that clients of these firms will now have instant ability to trade crypto currencies and manage their risk and portfolio in the same way as any other traditional asset classes.

Richard Byworth, CEO of Diginex, commented: "This launch provides yet another onramp for institutional adoption of Bitcoin and Digital Assets. Itiviti has a proven track record in providing market leading technology for traditional asset classes to both buy-side and sell-side institutional investors. Diginex brings many years of experience in crypto and digital assets combined with a robust approach to compliance and risk management."

Continued Byworth: "We see increasing demand for cryptocurrency exposure from institutional investors and believe this will be a dominant theme in 2021. With the launch of Access, investors can now manage their portfolios using institutional technology that is tailored specifically for cryptocurrencies."

"We are excited to announce our growing partnership with Diginex," said Rob Mackay, CEO of Itiviti. "With the integration and launch of Access on Tbricks, trading across different crypto exchanges will now be open to institutional investors across the globe and expose them to Itiviti’s advanced automated trading technology."

To learn more about the trends in institutional digital asset trading and investing, Itiviti and Diginex will host a webinar on Wednesday March, 31st at 11am CET, register here.

About Diginex

Diginex is a digital assets financial services company focused on delivering a cryptocurrency and digital assets ecosystem offering innovative product and services that are compliant, fair and trusted. The group encompasses cryptocurrency exchange EQUOS.io as well as an over-the-counter trading platform. It also offers a front-to-back integrated trading platform Diginex Access, a securitization advisory service Diginex Capital, market leading hot and cold custodian, Digivault and funds business Bletchley Park Asset Management. For more information visit: https://www.diginex.com/.

Follow Diginex on social media on Twitter @DiginexGlobal, on Facebook @DiginexGlobal, and on LinkedIn. Follow EQUOS.io on social media on Twitter @EQUOS_io and on LinkedIn.

About Itiviti

Itiviti provides nearly 2,000 financial institutions worldwide with flexible, cross-asset trading solutions that cover the full trade lifecycle. Through its commitment to technology innovation, relentless pursuit of workflow efficiency and an entrepreneurial culture, Itiviti is disrupting the industry with highly-scalable solutions that deliver unprecedented cost savings for clients.

For more information, please visit www.itiviti.com.

Follow Itiviti on social media on Twitter @Itiviti_AB, on Facebook @ItivitiAB, and on LinkedIn.

Itiviti is owned by Nordic Capital. 

Forward Looking Statements

This press release ("Press Release") is prepared by Diginex Limited ("Diginex") and is provided for information purposes only and is a summary only of certain key facts and Diginex plans.  This Press Release does not constitute an offer or solicitation or form part of an offer or solicitation of any kind to anyone in any jurisdiction in relation to any securities or other regulated products or services. Without limitation, the Press Release does not constitute an offer or solicitation to make use of any services provided by Diginex, and neither this Press Release nor anything contained in it will form the basis of any contract or commitment whatsoever. The contents of this Press Release have not been reviewed by any regulatory authority in any jurisdictions. Statements contained herein as to the content of any agreement or other document are summaries and, therefore, are necessarily selective and incomplete and are qualified in their entirety by the actual agreements or other documents. This Press Release includes forward looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results or outcomes to differ materially from the forward-looking statements. Most of these factors are outside of Diginex’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the ability to recognize the anticipated benefits of the business combination; the ability of Diginex to grow and manage growth profitably; Diginex’s limited operating history and history of net losses; Diginex’s ability to execute its business plan; the inability to maintain the listing of Diginex’s shares on NASDAQ; Diginex’s estimates of the size of the markets for its products; the rate and degree of market acceptance of Diginex’s products; Diginex’s ability to identify and integrate acquisitions; potential litigation involving Diginex or the validity or enforceability of Diginex’s intellectual property; general economic and market conditions impacting demand for Diginex’s products and services; and such other risks and uncertainties indicated in Diginex’s Shell Company Report on Form 20-F, including those under "Risk Factors" therein, and in Diginex’s other filings with the SEC, which are available on the SEC’s website at www.sec.gov. In addition, any forward-looking statements contained in this press release are based on assumptions that Diginex believes to be reasonable as of this date. Diginex undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Other than those of Diginex, all names, trademarks and logos in this Press Release and used in the materials herein belong to their respective owners. Nothing contained on this Press Release should be construed as granting, by implication, estoppel, or otherwise, any right or license to use any third-party names, trademarks, or logos displayed on the Press Release without the written permission of such third-parties. Copyright (c) Diginex 2021.

PR Newswire

Future FinTech and Xi’an Jiaotong University have worked together to establish Blockchain Finance Research Institute

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NEW YORK, Feb. 17, 2021 — Future FinTech Group Inc.(NASDAQ: FTFT, "Future Fintech", "FTFT" or "Company"), a leading blockchain based e-commerce company and a financial technology service provider, announced today that its wholly-owned subsidiary, Future Commercial Group Co., Ltd., has cooperated with the School of Economics Finance of Xi’an Jiaotong University to establish a blockchain finance research institute.

Future Fintech and the School of Economics and Finance of Xi’an Jiaotong University will cooperate to jointly establish the Blockchain Finance Institute, which will carry out research and cooperation on blockchain technology in the financial industry. At the same time, the Blockchain Finance Institute will set up a foundation for establishing school-enterprise cooperation post-doctoral mobile stations for the next step. The two parties will focus on the research of blockchain technology in banking, insurance, securities, futures, supply chain finance, digital payment etc. FTFT will provide funds for scientific research, while Xi’an Jiaotong University will provide scientific and engineering research personnel. Relevant research results will be shared by both parties.

According to Mr. Shanchun Huang, the CEO of FTFT, "Xi’an Jiaotong University is a comprehensive national key university with a history of 125 years. Its leading scientific research is outstanding in China, especially in mathematics, finance and computing. The cooperation with Xi’an Jiaotong University indicates that our company has taken the application research of blockchain technology to a new level. The development of our company’s blockchain technology has been on the right track gradually. Blockchain technology can solve the problem of customer fund security in the financial field. It can improve the speed and efficiency of banking, remittance and settlement, as well as the prevention of systematic risk from malicious short-selling in securities transactions. It can solve the problems which cannot be solved by traditional technologies. Our company will work with Xi’an Jiaotong University to explore more applications in the financial blockchain field, and to further promote the company’s research and development to the world’s leading level."

Professor Fuyou Li, the director of the Institute of Financial System and Economic Policy, PhD supervisor of Xi’an Jiaotong University, said that "As the independent director of the FTFT, I am very happy to build a bridge for the cooperation between the two parties. I believe the blockchain finance research institute will be an open platform. The two parties will actively carry out experiments of blockchain-related applications. Meanwhile, we will jointly build laboratories in the subdivisional fields of blockchain technology so that it can better serve economic development and benefit mankind."

Professor Zao Sun, the doctoral supervisor and dean of the School of Economics and Finance of Xi’an Jiaotong University highly agrees with this collaboration and believes that the cooperation between the school and enterprise is great. This will realize the combination of theory and practice by "going out and coming in". It can provide a full play to their respective advantages, offer opportunities and platforms for the development of both parties, and achieve a win-win situation.

About Future FinTech Group Inc.

Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain e-commerce company and a service provider for financial technology incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects. The Company is also engaged in the development of blockchain based e-Commerce technology as well as financial technology. For more information, please visit http://www.ftftex.com/.

Safe Harbor Statement                                                  

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2019 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

SOURCE:

Future FinTech Group Inc.

 

PR Newswire

CASETiFY Teams Up with the Musée du Louvre for its First Fine Art Tech Capsule

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The collaboration between the Musée du Louvre and CASETiFY introduces some of the most recognized artwork in the world to the global case brand’s premium tech accessories.

HONG KONG and LOS ANGELES, Feb. 16, 2021 — The world-renowned Musée du Louvre is partnering with global tech accessory brand CASETiFY–marking an industry first for the tech capsule and its creators. With a 21st century take on a selection of the most famous artwork in history, The Louvre x CASETiFY collection transports masterpieces exclusive from the Musée du Louvre’s collections, right into the hands of a new generation, through a special collaboration debuting on Feb 23.

The collaboration between the musée du Louvre and CASETiFY introduces some of the most recognized artwork in the world to the global case brand’s premium tech accessories.
The collaboration between the musée du Louvre and CASETiFY introduces some of the most recognized artwork in the world to the global case brand’s premium tech accessories.

Inspired by the museum’s extraordinary impact and cultural influence, CASETiFY’s direction for the tech accessory collection leans into its often recognized "normcore" style, paying homage to celebrated classic art. The Louvre x CASETiFY collection debuts three stylized interpretations, featuring the subjects of Mona Lisa, Venus de Milo, Grande Odalisque, and Liberty Leading the People on the brand’s premium quality Impact Cases. In the series, customers can choose from unique accessories designed after the museum masterpieces, in addition to customizable cases taking on the identity of a "museum ticket,"  New to CASETiFY’s lineup, the collection also debuts the first collaborative water bottle, featuring the special designs on a sustainable stainless steel canvas, retailing for $45 USD to $49 USD. The online global release will include an expansive collection of tech accessories supporting iPhone, AirPods, Grip Stands, and wireless charging pads, with prices ranging from $25 USD to $72 USD.

"As many know, CASETiFY launched in 2011 as an artist-driven platform, sourcing talent from all over the globe to create the most unique accessories for the latest tech," said CASETiFY CEO and Co-founder Wes Ng. "It’s a surreal ‘full circle’ moment to now collaborate with the most historical monument and permanent home to the greatest works of art that this world has ever seen. We hope this collaboration touches a new generation and sparks inspiration among the future creatives of the world."

The Louvre x CASETiFY collection joins the roster of exclusive brand partners belonging to the CASETiFY Co-Lab program. Collaborations in the program receive 360 support for both online and offline activations, including exclusive market launches, global pop-ups and co-branded campaigns introduced to millions of shoppers around the world.

The waitlist for the Louvre x CASETiFY collection releases Feb. 11, 2021, granting priority access to shop the collection on launch day. Starting Feb 23, 2021, the entire lineup from the exclusive collaboration can be purchased on www.CASETiFY.com/louvre, with products shipping to 180 countries, and accessed in-store at the Musée du Louvre pyramid and online at www.boutique.louvre.fr, the Louvre’s new online boutique dedicated to showcasing the museum’s collaborations.. For more information on the collection, the brand CASETiFY, its partners and products, please visit www.CASETiFY.com.

More about the Louvre’s masterpieces used in the collection:

Portrait of Lisa Gherardini, wife of Francesco del Giocondo, known as the Mona Lisa (the Joconde in French), Leonardo da Vinci.

This portrait was created in Florence around 1503. It is thought to be of Lisa Gherardini, wife of a Florentine cloth merchant named Francesco del Giocondo – hence the alternative title, La Gioconda. However, Leonardo seems to have taken the completed portrait to France rather than giving it to the person who commissioned it. After his death, the painting entered François I’s collection.

Aphrodite, known as the "Venus de Milo"

This graceful statue of a goddess has intrigued and fascinated many since its discovery on the island of Melos in 1820. Is it Aphrodite, who was often portrayed half-naked, or the sea goddess Amphitrite, who was venerated by Melos? The statue reflects sculptural research during the late Hellenistic Period: classical in essence, with innovative features such as the spiral composition, the positioning in space, and the fall of the drapery over the hips.

La Grande Odalisque, Jean-Auguste-Dominique Ingres

Ingres transposed the theme of the mythological nude, whose long tradition went back to the Renaissance, to an imaginary Orient. This work, his most famous nude, was commissioned by Caroline Murat, Napoleon’s sister and the queen of Naples. Here, Ingres painted a nude with long, sinuous lines bearing little resemblance to anatomical reality, but rendered the details and texture of the fabrics with sharp precision. This work drew fierce criticism when it was displayed at the Salon of 1819.

Liberty Leading the People (July 28, 1830), Eugène Delacroix

The Paris uprising of July 27, 28, and 29, 1830, known as the Trois Glorieuses ("Three Glorious Days"), was initiated by the liberal republicans for violation of the Constitution by the Second Restoration government. Charles X, the last Bourbon king of France, was overthrown and replaced by Louis Philippe, Duke of Orléans. Delacroix, who witnessed the uprising, perceived it as a modern subject for a painting; the resulting work reflects the same romantic fervor he had applied to Massacre at Chios, a painting inspired by the Greek war of independence.

About CASETiFY

Founded in 2011, CASETiFY is recognized as the first and largest global platform for creativity and customization. Built on a mission to connect individuals through their tech accessories, CASETiFY now serves as the leading Gen Z brand, delivering personalized cases to millions of customers around the world. Today, CASETiFY offers stylishly slim and drop-protected accessories to over 180 countries.

Over the years, CASETiFY has expanded through three key channels: celebrity partnerships, retail channels, and brand design collaborations. Past highlights include launching both Sarah Jessica Parker and Pharrell William’s first tech accessories collections, unique in-store activations with Colette, Nordstrom, and Anthropologie, online partnerships with REVOLVE.com and ShopBop.com, along with tech capsule collections with Saint Laurent, Moncler, Vetements, DHL, The Pokémon Company, streetwear label BAPE, and global K-Pop group BTS.

About the Musée du Louvre

Royal palace turned universal museum in 1793, the Louvre has been at the core of French history for over eight centuries. Today, it features some of the finest collections in the world, spanning 9 thousand years and 5 continents. Over 35,000 artworks are grouped into eight curatorial departments, including universally admired works such as The Mona Lisa, The Winged Victory of Samothrace, and the Venus de Milo. Guardian of this unique heritage that it shares and perpetuates, the Louvre is the world’s most visited museum: it welcomed more than 10.2 million visitors in 2018.

The Louvre is open every day from 9 a.m. to 6 p.m. (rooms close at 5.30pm.) except on Tuesdays. Night opening until 9:45 p.m. on Wednesdays and Fridays. Free admission on the first Saturday of each month from 6 p.m. to 9:45 p.m. More information on: www.louvre.fr/en

Related Links :

http://www.CASETiFY.com

PR Newswire

uCloudlink Expands Footprint in North America With New business Partners

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HONG KONG, Feb. 15, 2021 — UCLOUDLINK GROUP INC. ("uCloudlink") (NASDAQ:UCL), the world’s first and leading mobile data traffic sharing marketplace, is accelerating its global expansion plans with the addition of new business partners in North America. uCloudlink has recently established a partnership with Cello Mobile International ("Cello") in a move that sets the foundation for its future growth in the region.

A leading source of mobile data services and international cell phone services for travelers in the U.S. and Canada, Cello provides a range of voice and data solutions ranging from wireless hotspot rental and smartphone rental to international SIM cards. Cello has purchased uCloudlink’s GlocalMe devices and corresponding data services package to resell to its corporate and individual users.

The partnership comes following a significant period of growth for uCloudlink’s GlocalMe brand in the United States. Despite the impacts of COVID-19, GlocalMe saw traffic double for its local e-Commerce website in the past six months, and the number of American-based monthly registered users in its APP reached a new high in the final quarter of 2020.

As more people work and study remotely, the demand for reliable, portable network connectivity is stronger than ever before. GlocalMe devices and data packages offer full-frequency support with a stable network, flexible data plans and high-speed connections supported by uCloudlink’s Cloud SIM technology and platform — elevating users’ experience to enjoy wider coverage and a stable connection anywhere at any time.

Powered by its innovative PaaS and SaaS platform, uCloudlink’s Cloud SIM technology delivers superior connectivity by integrating the relevant resources of various data service suppliers and business partners worldwide; then intelligently allocating them to end-users to elevate users’ experience. Through its asset-light model, multiple partnership arrangements, and easy-to-scale business ecosystem, uCloudlink provides partners with a multitude of benefits, ranging from superior service for end-users, the extension of offerings or new business development and additional revenue streams.

With a foothold in Japan, US, Europe and other countries and regions, uCloudlink has already established itself as the leader in mobile data traffic sharing around the world. The new cooperation with Cello is another step in uCloudlink’s global expansion plans, as it seeks to enable more users around the world to connect and share without limitations.

About UCLOUDLINK GROUP INC.

uCloudlink is the world’s first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry. The Company’s products and services deliver unique value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs) and mobile network operators (MNOs). Leveraging its innovative cloud SIM technology and architecture, the Company has redefined the mobile data connectivity experience by allowing users to gain access to mobile data traffic allowance shared by network operators on its marketplace, while providing reliable connectivity, high speeds and competitive pricing.

CONTACT:
Carina Cheung
carina-pr@ucloudlink.com