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CLPS Incorporation Signs IT Services Contract with a Large E-Commerce Platform in the U.S., A Major Achievement in Global Expansion Strategy

HONG KONG, Feb. 8, 2021 — CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced that, through its wholly-owned subsidiary, CLPS Technology (California) Inc. ("CLPS California"), it has signed a Master Services Agreement with a large U.S. e-commerce platform (the "Client"). CLPS will provide IT services, including big data management for the Client’s cross-border e-commerce system.

Since 2014, CLPS has been providing IT services to the Client’s R&D center in Mainland China. With the long-standing business relationship and mutual trust between the two parties, CLPS has eventually secured an IT services contract directly from the Client’s headquarters in the U.S., which marks a significant milestone on its global expansion strategy. As a result, CLPS is also expected to participate and provide IT services on the Client’s global R&D centers.

Mr. Henry Li, Chief Operating Officer of CLPS, said, "CLPS California has been strategically developing its business in the U.S. market. The contract we gained from the U.S. is a proof of our commitment as a reliable IT services provider in the global market perspective. The continued trust and recognition from our blue-chip clients serve as our motivation to introduce more business opportunity in the global market going forward."

About CLPS Incorporation

Headquartered in Hong Kong, CLPS Incorporation (the "Company") (Nasdaq: CLPS) is a global leading information technology ("IT"), consulting and solutions service provider focusing on the banking, insurance and financial sectors. The Company serves as an IT solutions provider to a growing network of clients in the global financial industry, including large financial institutions in the US, Europe, Australia, Southeast Asia and Hong Kong, and their PRC-based IT centers. The Company maintains 19 delivery and/or research & development centers to serve different customers in various geographic locations. Mainland China centers are located in Shanghai, Beijing, Dalian, Tianjin, Baoding, Chengdu, Guangzhou, Shenzhen, Hangzhou, Suzhou, and Hainan. The remaining eight global centers are located in Hong Kong SAR, USA, UK, Japan, Singapore, Malaysia, Australia, and India. For further information regarding the Company, please visit: http://ir.clpsglobal.com/, or follow CLPS on FacebookLinkedIn, and Twitter.

Forward-Looking Statements

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. Forward-looking statements include statements with respect to the Company’s 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 the Company’s 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 such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company’s financial and operational performance in the second half and full year of fiscal 2020, its expectations of the Company’s future performance, its preliminary outlook and guidance offered in this presentation, as well as the risks and uncertainties described in the Company’s most recently filed SEC reports and filings. 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.

Contact: 

CLPS Incorporation
Rhon Galicha
Investor Relations Office 
Phone: +86-182-2192-5378
Email: ir@clpsglobal.com

Related Links :

http://www.clps.com.cn

Senmiao Technology Announces Expansion of Cooperation with China’s Leading E-commerce Services Platform Meituan

CHENGDU, China, Feb. 5, 2021 — Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a strategic cooperation agreement that expands upon a previously announced partnership with Shanghai Lutuan Technology, an affiliate of Meituan (HK: 3690). Meituan is China’s leading e-commerce platform for services, focused on its "Food + Platform" strategy to build a multi-level technology service platform.

Following the initial success of the Senmiao-Meituan cooperation in Chengdu, this new strategic cooperation agreement sets the framework for future collaborations between the parties in other cities in China. As part of its strategy, Senmiao next anticipates building out a total solution for ride-hailing drivers in Guangzhou, which will include financing arrangements, rentals, integration of safety features, as well as the launch and development of Senmiao’s proprietary online ride-sharing platform.

If Senmiao’s platform is selected by the rider or by the Meituan application, the order will then be distributed to registered drivers on the platform for viewing and acceptance. Senmiao earns commissions for each completed order based on a certain percentage of the value of the order.

Xi Wen, Senmiao’s Chairman and Chief Executive Officer, stated, "We are thrilled to have established this framework for expanding our cooperation with Meituan. We believe this is a testament to the positive results and feedback we have received from our initial work with Meituan in Chengdu, and we look forward to bringing the same type of excellent service and convenience to people in Guangzhou and beyond. We believe Meituan’s leading platform provides Senmiao with the significant exposure needed to drive our online ride-sharing platform’s growth as a mobile ride-hailing service in China. At the same time, we look forward to bringing increased value and accessibility to Meituan users all over China through this cooperation."

About Senmiao Technology Limited

Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchase and financing, management, operating lease, guarantee and other automobile transaction services. Senmiao also operates its own ride-hailing platform aimed principally at the growing online ride-hailing market in Senmiao’s areas of operation in China. For more information about Senmiao, please visit: http://www.senmiaotech.com.

Cautionary Note Regarding Forward-Looking Statements 

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements also are subject to risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao’s filings with the SEC, and represent Senmiao’s views only as of the date they are made and should not be relied upon as representing Senmiao’s views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances. 

For more information, please contact:

At the Company:

Yiye Zhou

Email: edom333@ihongsen.com

Phone: +86 28 6155 4399

Investor Relations:

The Equity Group Inc. 

In China

Adam Prior, Senior Vice President

Lucy Ma, Associate

(212) 836-9606

+86 10 5661 7012

aprior@equityny.com 

lma@equityny.com 

Related Links :

http://www.senmiaotech.com/

Glory Star Cooperates with SaaS Service Provider Zhongmin Zaixian and Launches More than 300 Brands on CHEERS E-mall

BEIJING, Feb. 5, 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 it has established a comprehensive strategic cooperation agreement (the "Agreement") with Zhongminzaixian (Xiamen) E-Commerce Co., Ltd. ("Zhongmin Zaixian"). As part of the Agreement, Zhongmin Zaixian will integrate its current product and service offerings into the Company’s CHEERS e-Mall ecosystem, which will provide more than 300 domestic and foreign first- and second-tier brands of consumer goods, gold jewelry and other gold merchandise in a full range of categories. These offerings also include online and offline payment services, such as mobile bill payment services for major mobile operators, multiple payment services for video platform membership, gift card payment services for games, and more. The cooperation is planned to be gradually carried out in 2021 and expected to bring additional stimulus to CHEERS e-Mall platform’s development going forward.

As a leading SaaS service provider, Zhongmin Zaixian offers SaaS services to enterprises in multiple market segments along the industry value chain. Its product and service offerings covers more than 300 domestic and foreign for first- and second-tier brands of consumer goods, gold jewelry and other gold merchandise within the industry service supply chain, including brands such as Chow Tai Fook, Cuilu Fine Gold, Gree, Midea, Nike, Philips, and more, as well as other virtual benefits and coupon services. After several years of development, Zhongmin Zaixian’s customers and partners include several major mobile operators, including China Mobile Communications Corporation, China United Network Communications Group Co., Ltd, and China Telecommunications Corporation, as well as many well-known banks, including the Industrial and Commercial Bank of China, China Construction Bank Corporation, China Post Group Corporation Limited, China Merchants Bank, China CITIC Bank, and more. The customers and partners of Zhongmin Zaixian also include several industry leaders, including Air China Limited, Hainan Airlines Co., Ltd., Xiamen Airlines, Trip.com Group Ltd, China Petroleum and Chemical Corporation, and Qihoo 360 Technology Co. Ltd.

Pursuant to the Agreement, the substantial number of brands across Zhongmin Zaixian’s supply chain will help to rapidly expand CHEERS e-Mall’s offerings while also supplementing its high-quality brand channels significantly. At the same time, the supply chain system and diversified service products of Zhongmin Zaixian can help to further increase the number of new consumption scenarios within the CHEERS e-Mall ecosystem, provide its users with a broader array of high-quality products and unique services, and meet all aspects of its users’ needs in their pursuit of a higher-quality lifestyle. Through this cooperation, Glory Star will continue to integrate with multiple brands, expand its supply of high-quality brands and services, enhance its platform value and the value of its cooperating brands, and advance its CHEERS e-Mall as well as other CHEERS platforms to new stages of development.

Mr. Bing Zhang, Founder and Chief Executive Officer of Glory Star, commented, "We are excited to announce the establishment of a comprehensive strategic cooperation agreement with Zhongmin Zaixian. Collaboration between both parties will help Glory Star to establish stronger connections between merchants and users while better satisfying its users’ increasing demands for a quality, convenient, and diversified set of products and services. We are confident that this cooperation will enable us to establish enduring brand influence, enhance our brand awareness, and further improve the leading position of CHEERS e-Mall in the new e-commerce industry."

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

Super Terminais chooses CyberLogitec’s OPUS Terminal to revolutionize its operations

Super Terminais will implement OPUS Terminal by 2021 to enhance visibility and productivity

SINGAPORE, Jan. 29, 2021 — CyberLogitec, the leading provider of terminal operation solutions, announced a new agreement for OPUS Terminal with Super Terminais. The company will implement OPUS Terminal to address an array of business needs with the intention to improve productivity, accuracy of container inventory, and overall efficiency.

Located in Manaus, Brazil, Super Terminais’s cargo volumes have grown over the years, necessitating an upgraded TOS that can meet their growing needs and support them into the future. Super Terminais selected CyberLogitec’s TOS to help the terminal effectively monitor, manage and enhance operations at the site in real-time while improving customer service.

"CyberLogitec’s OPUS Terminal will help us improve inventory accuracy and operational efficiency, on top of providing better visibility to all our stakeholders," says Marcello Di Gregorio, Managing Director at Super Terminais. "Implementing the new TOS supports our commitment to meet and exceed expectations through reliable services, meeting deadlines, and adding value to our partners."

"With our innovative TOS, we are confident in helping terminals reach their full business potential with state-of-the-art technologies," said Jason Jae-Seung Hyeon, CEO of CyberLogitec. "We look forward to being in partnership with Super Terminais in digitizing its operations with efficiency and are eager to assist in their continued success."

For more information, visit www.cyberlogitec.com

Media contact: Cherie Mah, Head of Global Marketing and Sales Planning, CyberLogitec, +65-90217249, Email: cherie.mah@cyberlogitec.com

About CyberLogitec

CyberLogitec empowers the global supply chain with innovative technologies that address operational challenges, improve visibility, and meet industry demands. As a global leader in the maritime, port and logistics industry, our flexible, end-to-end solutions and consulting services help the industry adapt quickly to the market’s evolving needs.

About Super Terminais

Super Terminais operates containerized cargo, project cargo and loose cargo with a team of trained professionals. They are committed to the quality of their services for their customers. Their advanced equipment and strict compliance with preventive and corrective maintenance schedules with original parts ensure safety and efficiency when handling loads.

Related Links :

http://www.cyberlogitec.com

Insider is the preferred partner for Messaging & Experiments as Mixpanel sunsets mobile A/B testing

Mixpanel is sunsetting messaging and mobile A/B testing and has named Insider a preferred partner to transition Mixpanel customers to a new home for tailored customer messaging and experimentation capabilities.

SINGAPORE, Jan. 29, 2021 — Insider, the world’s first integrated Multichannel Growth Management Platform (GMP), becomes Mixpanel’s preferred global partner for transitioning customers off their sunsetted mobile and A/B testing offerings. 

Insider and Mixpanel have a strategic partnership to deliver enhanced personalization, including individualized product and content recommendations, engagement capabilities, and accurate user behavior predictions across multiple marketing channels. 

The new messaging integration between Insider and Mixpanel dynamically syncs across systems—data from Insider events get sent to Mixpanel in real time, and cohorts from Mixpanel are automatically synced back to Insider. With this strengthened partnership, customers can frictionlessly integrate Mixpanel analysis into Insider campaigns in a simple, automated workflow.                            

Insider will offer complete support from implementation to onboarding and special pricing for all Mixpanel customers, with up to 3 months of complimentary services.

"Our robust AI-powered platform is our commitment to supporting brands deliver personalized, omnichannel customer journeys, leveraging the latest web, mobile web, and mobile app features. Our partnership with Mixpanel delivers more authentic customer journeys while achieving a greater return on ROI," said Serhat Soyuerel, Co-founder and VP of Growth at Insider. 

Insider’s Growth Management Platform is the only platform that gives marketers heightened capabilities to track conversions across channels, including website, email, web push, and mobile apps.

Insider is a top leader in the G2 Winter 21 Report Mobile Marketing and Personalization—for 16 consecutive quarters—with a user satisfaction score of 4.7/5.0 as across multiple categories, indexes, and regions, including Europe and APAC. Learn more about the Insider and Mixpanel partnership here.

About Insider

Insider is trusted by more than 800 global enterprise brands, including UNIQLO, Singapore Airlines, Unilever, Santander, Media Markt, Marks & Spencer, Estée Lauder, Samsung, Toyota, Carrefour, Burger King, Puma, GAP, Virgin, AVIS, Avon, Nissan, BBVA, IKEA, and CNN. 

Insider helps marketers across industries connect data from multiple channels, predict the future behavior of their customers with AI, and deliver individualized experiences on any channel. Insider has a pulse on emerging channels like WhatsApp Business and Facebook Messenger and continuously improves its platform with future-proof technologies.

For more information, visit www.useinsider.com or request a personalized demo here.

Surprising Duo – AORUS Teams Up with Football Star Sergio Agüero in Esports

TAIPEI, Jan. 28, 2021 — The gaming fever has been sweeping the football world as of late. Manchester City’s star striker Sergio Agüero is one of the top athletes who takes his games very seriously, both on and off the field. As a huge gamer himself, Agüero has been actively participating in competitive gaming during the pandemic through livestreaming games such as FIFA. His livestream was an instant hit, attracting tens of thousands of fans, followers and gamers to watch online.

Agüero’s love for gaming does not end there as he takes another step forward and extends his passion to the field of pro esports. Devoting a significant amount of time and effort to the esports industry, the global football superstar recently founded a wholly-owned franchise named KRU Esports. The team is planning to enter prominent tournaments and leagues in FIFA 21, Valorant, Rocket League, and CS:GO in the near future.

During an interview, Agüero mentioned that for most of his life he played football, a sport which he enjoyed wholeheartedly. He hopes his fans could also devote themselves to what they love and enjoy. That is the main reason why he founded KRU Esports to help those who are as passionate about esports as he is to make their esports dreams come true.

To compete at the highest level of technologically demanding games, the team needs the best technology and hardware to power the players. Agüero learned about AORUS, a top-tier gaming brand powered by GIGABYTE that offers some of the most premium PC hardware with impeccable performance. Through common interests, two parties got in touch and hit it off from the start.

Surprising Duo! AORUS Teams Up with Football Star Sergio Agüero in Esports
Surprising Duo! AORUS Teams Up with Football Star Sergio Agüero in Esports

With both sides sharing the same values and passion for esports, a new dynamic duo was quickly formed. By teaming up with AORUS, KRU Esports and Agüero are looking forward to building an esports powerhouse that will dominate regions spanning across Latin America and Europe.

As the team owner, Agüero also joins forces with AORUS in every way now. Whether the PC battlestation at home, or the gaming laptop he carries around when travelling, they are all powered by the state-of-the-art hardware from AORUS.

See more stories about Sergio and KRU Esports:
https://www.instagram.com/p/CJcFE0MrYfJ/?igshid=13nr3fcpo3cd1

Chargebee and ION Partners to deliver a full lead-to-ledger customer offering that accelerates growth

SAN FRANCISCO, Jan. 28, 2021 — Chargebee, the leading subscription billing and revenue management platform, today announced its partnership with ION (Ion Industries Ltd), which delivers business and financial transformation through the application of the world’s leading software solutions.

Chargebee enables businesses to improve the customer journey and customer retention rate by aligning subscription billing and marketing to offer flexible subscription, pricing or product offerings to its customers. As a Salesforce Silver Partner, ION can deliver the alignment of the complete customer process to maximise customer value, improve communication, increase visibility, market segmentation, and better manage the customer lifecycle.

Combining Chargebee, a recognized leader in subscription management, with ION’s expertise in cloud accounting, data analytics, automation and CRM will unlock the power of automation in business, streamlining processes and empowering decision making across the businesses.

The ION approach aligns the entire business operations to allow for full visibility from lead to ledger. Verified partners of Chargebee and Salesforce Silver Partners, the ION team is made up of specialists in Cloud Accounting, Billing, CRM, and Automation. Ideal for mid-market or fast-growth businesses;

Chargebee’s leading subscription billing software powers end-to-end recurring billing subscription management and auto-invoicing for 2000+ SaaS companies. Everything is translated into increased customer retention, reduced failed payments and actionable insights that can be converted into new business opportunities. With the recently raised $55 million financing round, Chargebee’s next step is to accelerate its expansion in global markets.

"We are delighted to be partnering with Chargebee, combining our expertise to deliver financial transformation to the growing subscription and e-commerce market," stated Rob Mathieson, Managing Director. "Bringing together Chargebee’s leading revenue management platform, with our expertise in cloud accounting, data analytics, automation and CRM, we can deliver a complete lead-to-ledger offering, enabling our customers to unleash automation, improve efficiency and boost profitability."

"Our customers are looking to solve their big challenges around customers and revenue. Adding ION as a partner allows us to address the full lead-to-ledger solution that can supercharge productivity and scale their growth," said Eric Chan, Head of Partnerships at Chargebee.

About Chargebee

Chargebee automates revenue operations of high-growth, subscription-based business. Its SaaS platform helps SaaS, ecommerce and subscription-based businesses manage and grow their revenue by automating subscriptions, billing, invoicing, payments and revenue recognition processes and it provides key reports, metrics and insights into their subscription business. Founded in 2011, Chargebee is used by over 2,500 companies globally including businesses like Freshworks, and Study.com.

For more information, visit www.chargebee.com or follow us on Twitter @chargebee.

About ION

ION enables mid-market businesses to work smarter and faster, automating business processes and creating a scalable platform for growth. Founded in 2016, ION has delivered financial transformation for 100s of businesses, turning data into business insights to improve productivity and profitability.

For more information, visit www.ionhq.co.uk or follow us on LinkedIn https://www.linkedin.com/company/ion-industries-ltd

Sungrow Supplies a 100 MW Energy Storage Project in Texas


FORT WORTH, TX., Jan. 22, 2021 — Sungrow, the global leading inverter solution supplier for renewables, announced that it has forged a contract to supply its fully integrated Energy Storage System to the 100 MWac Chisholm Grid project in Fort Worth, Texas. Chisholm Grid has been under construction since August of 2020 and will be one of the largest battery energy storage facilities in Texas when work onsite is completed this June. The facility, utilizing industry leading NMC battery technology, will generate revenue from the sale of energy and grid stabilization services to the ERCOT wholesale electricity market.

The Chisholm Grid Battery Energy Storage Project is owned by Astral Electricity, LLC, a privately-held energy storage power producer, and was developed by Able Grid Infrastructure Holdings, LLC, a joint venture between Able Grid and MAP RE/ES. Able Grid will provide operational asset management services for the site following commercial operations in mid-2021.

Sungrow’s ESS solution deployed for this project is the latest product lineup. At the heart of the technology are lithium-ion batteries, combined with Sungrow’s advanced converters and controls. Sungrow Services will maintain the asset under a long-term services agreement, reducing operating costs and extending the life span of the assets.

As an industry leading company, Sungrow must do everything possible to maintain its safety edge. "The safe operation of the project is of vital concern to us," said Neil Bradshaw, the Senior Technical Sales Manager. "Not only is every cell protected electrically in a three-tier BMS system and supervisory controls, but each small battery module has internal thermal barriers and suppression technology. Sungrow is eager to show the world that battery energy storage at this scale is a safe, reliable and sustainable solution to ensure grid reliability amidst demanding market operating conditions," he added.

"Years of innovation by Sungrow as a global technology leader now allows companies like Astral Electricity to deploy market-driven solutions that will accelerate the decarbonization of electricity supplies while also improving grid performance. Sungrow’s highly-integrated offering, history of successful deployment and collaboration with technology providers were key factors in our supplier decision. We are looking forward Sungrow’s product providing reliable operations for many years to come," commented Aaron Zubaty, CEO of MAP RE/ES.

"The landmark Chisholm Grid energy storage project is another exciting milestone in the US energy storage market which is strongly positioned for immense growth," said Mizhi Zhang, Managing Director of Energy Storage, Sungrow Americas. "We’re poised to pioneer more energy storage innovations backed by the industry’s largest R&D team and 24-year proven track record. Our agile local team can offer responsive technical support, sales and industry-leading after-sales service," he added.

As one of the key players in the energy storage market, Sungrow is an early entrant in the North American storage market with a deployment footprint spreading across multiple states including California, Massachusetts and Texas, achieving milestones both in the utility scale storage market as well as the C&I market where Sungrow currently maintains a strong position in North America. The Company acquired orders totaling 1.4 GWh in North America in 2020 including both standalone energy storage projects and storage in combination with power plants.

About MAP RE/ES

MAP RE/ES has been an innovating and leading investor in renewable energy projects since 2005 and has directly funded the development of more than 16,000 MW of operating wind and solar generating capacity located across the United States. In December 2020, MAP RE/ES announced the acquisition by Global Infrastructure Partners Fund IV of 100% of the MAP RE/ES investment platform, team, and renewable energy assets under management.

About Astral Electricity, LLC

Astral Electricity is a privately-held energy storage power producer that sees an opportunity where others see risk. Astral leverages decades of experience funding and developing wind and solar projects throughout the country to create a unique view on the future fabric of power generation, transmission and energy consumption. Astral’s deployment of large-scale standalone energy storage systems provides a new dimension of market-based solutions that balance electricity grids while catalyzing electricity sector decarbonization. 

www.astralelectricity.com

About Able Grid Energy Solutions, Inc. 

Able Grid Energy Solutions, Inc. ("Able Grid") is a utility-scale energy storage developer. In partnership with utilities, municipalities, communities, and leading corporate buyers, Able Grid is developing low-cost energy storage assets that provide reliable, emissions-free capacity to manage the physical and financial volatility of energy markets. We focus on investing in communities and markets where energy storage will provide long-term value to utilities managing a diverse energy portfolio to provide low-cost and sustainable power for their customers. www.ablegridenergy.com

About Sungrow

Sungrow Power Supply Co., Ltd ("Sungrow") is the world’s most bankable inverter brand with over 120 GW installed worldwide as of June 2020. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 24-year track record in the PV space, Sungrow products power installations in over 120 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

Related Links :

http://www.sungrowpower.com

Samsung and Bambuser launch #LiveAtSamsung – releasing new flagship Galaxy S21 in unique partnership with Aftonbladet and Halebop

STOCKHOLM, Jan. 15, 2021 — After a successful partnership for a handful of regional live shopping events over the past six months, Samsung and Bambuser announce today the launch #LiveAtSamsung – an interactive broadcast concept first of its kind, allowing simulcast between brand, retail, and media.

At #LiveAtSamsung, viewers will meet knowledgeable experts and beloved ambassadors in exclusive live experiences filled with exciting surprises and offers that one simply does not want to miss. Powered by Bambuser’s proprietary technology, viewers will have the opportunity to interact directly with Samsung experts and purchase products in real-time online both at Samsung.se and Halebop.se.

The world premiere of #LiveAtSamsung kicks off tonight, Friday 15th January 2021, at 18:00 CET, in connection with when Samsung releases its new flagship lineup for the new Galaxy S21 in Sweden. In an interactive live shopping broadcast hosted by Mans Zelmerloew and Dasha Girine, viewers will also get a closer look at Samsung’s latest epic products from yesterday’s Galaxy Unpacked.

The launch event of the Galaxy S21 is world-unique, as it will be broadcast on three platforms simultaneously – also known as a simulcast. This is the first time that Live Video Shopping is used by a brand, a media outlet, and a retailer – at the same time. In addition to viewers being able to follow and interact from Samsung.com, the event will also be available on Aftonbladet.se, Sweden’s largest online news provider with 3.8 million unique readers and 36 million page views every day, as well as Halebop.se, one of Sweden’s largest mobile operators and part of TeliaCompany. Aftonbladet’s readers will be able to interact and shop frictionlessly via Samsung’s webshop, while Halebop’s customers will enjoy Halebop’s brand and e-commerce experience from start to end. 

In addition to the Nordic countries, Bambuser’s Live Video Shopping is planned to be rolled out to new Samsung markets in the near future. 

Krister Karjalainen, Digital Director at Samsung Electronics Nordic said: "In an ever-changing digital world, brands need to drive innovation; therefore, we are thrilled to announce our #LiveAtSamsung concept together with Bambuser, Halebop, and Aftonbladet. The retail world, as we know it is transforming and with the #LiveAtSamsung concept we are adding entertainment to social commerce and making online shopping more engaging. It’s important for us to deliver a seamless shopping experience, regardless of where and when consumers decide to shop."

Maryam Ghahremani, Chief Executive Officer at Bambuser said: "Samsung is a global market leader who continues to be at the forefront of the technology revolution and we at Bambuser are very proud to partner up with them on pushing the boundaries of how to produce and distribute live video shopping experiences around the world."

Contact information
Maryam Ghahremani
CEO Bambuser
press@bambuser.com
+46 8 400 160 02

Bambuser is a software company specializing in interactive live video streaming. The Company’s primary product, Live Video Shopping, is a cloud-based software solution that is used by customers such as global e-commerce and retail businesses to host live shopping experiences on websites, mobile apps and social media. Bambuser was founded in 2007 and has its headquarters in Stockholm. Erik Penser Bank AB is Bambuser’s Certified Adviser.

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

https://news.cision.com/bambuser/r/samsung-and-bambuser-launch–liveatsamsung—releasing-new-flagship-galaxy-s21-in-unique-partnership,c3268243

The following files are available for download:

 

Indian Army signs a $20 million contract with ideaForge to procure SWITCH UAV

MUMBAI, India, Jan. 14, 2021 — The Indian Army has signed an approximately $20 million contract for undisclosed quantities of a high-altitude variant of ideaForge’s SWITCH UAV which will be delivered over a period of 1 year. ideaForge has been awarded this contract after it emerged as the only vendor that qualified the operational requirements in an evaluation done in real-world conditions, for a fast-track procurement. The contract marks a strategic shift in the Indian defence procurement process as the Indian Army goes on an aggressive modernization drive. It has also cemented ideaForge’s position as India’s largest manufacturer of drones for defence, homeland security and industrial applications.

Indian Army signs a $20 million contract with ideaForge to procure SWITCH UAV
Indian Army signs a $20 million contract with ideaForge to procure SWITCH UAV

SWITCH UAV is an indigenous system built to cater for the most demanding surveillance operations of the Indian Forces. This Fixed Wing VTOL (Vertical Take-off and Landing) UAV can be deployed at high altitude and harsh environments for day and night surveillance in Intelligence, Surveillance and Reconnaissance (ISR) missions. It is man-portable and has the highest time on target compared to any other UAV in its class. 

Speaking on the development, ideaForge CEO, Ankit Mehta said, "SWITCH UAV is the culmination of insights and knowledge we have gained over years of experience in helping the Indian Forces operationalize UAVs in their ranks. The trials saw about a dozen national and global players compete to meet the operational requirements. SWITCH UAV is the only product that cleared the Indian Army’s stringent product trials and surpassed expectations. It is a testimony of the fact that our systems are built like a bird and tested like a tank. Our systems are fully ready to serve nations that seek to protect their territorial sovereignty."

"A combination of world-class technology and a deep understanding of customer requirements has resulted in ideaForge bagging this contract against global competition. With the backing of reputed institutional investors such as WRVI, Infosys and Qualcomm, ideaForge is all set to grow rapidly. We plan to work with like-minded investors and partners to achieve our vision of premier drone company serving enterprise, security and surveillance market globally," said Ganapathy Subramaniam, Partner – WRVI Venture Capital who also serves as Executive Chairman – ideaForge.

About ideaForge

Built on a strong foundation of interdisciplinary engineering, ideaForge has become a global leader in UAV technology. Its drones offer class-leading performance and reliability, and have been widely adopted for defence, homeland security and enterprise applications. In India, ideaForge has by far the largest market share in the security, surveillance and industrial market of drones. Its customers include Indian Defence Forces, Central Armed Police Forces and State Police Forces, and have conducted over 150,000 missions using its drones. ideaForge has a diverse list of industrial customers as well in sectors such as geospatial surveying, oil & gas, mining and many more. For more information, visit www.ideaforge.co.in 

Contact:
Kruthi Aramanamada
ideaForge Technology Pvt Ltd
press@ideaforge.co.in