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PR Newswire
P&G and Shopee drive record sales at first-ever experiential online initiative, Show Me My Home, with more than 15x increase in orders

Show Me My Home is a key initiative under the recently signed Joint Business Plan between P&G and Shopee

KUALA LUMPUR, Malaysia, June 12, 2020 /PRNewswire/ — Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, and Procter & Gamble (NYSE:PG), a leading fast-moving consumer goods company, achieved strong performance for their first-ever experiential online initiative, Show Me My Home. The initiative recorded more than 15x increase in orders at peak day[1], and it is a key activation under the recently signed regional Joint Business Plan (JBP) between Shopee and P&G. The JBP marks a joint commitment between Shopee and P&G to improve the online shopping experience for users across the region, and to provide convenient and easy access to quality FMCG products on Shopee.  

Shankar Viswanathan, Vice-President, P&G Malaysia, Singapore, Vietnam and E-Commerce, P&G Asia Pacific, Middle East & Africa (left), and Chris Feng, CEO, Shopee (right), at the official Joint Business Plan signing [Photo taken before circuit breaker]
Shankar Viswanathan, Vice-President, P&G Malaysia, Singapore, Vietnam and E-Commerce, P&G Asia Pacific, Middle East & Africa (left), and Chris Feng, CEO, Shopee (right), at the official Joint Business Plan signing [Photo taken before circuit breaker]

Chris Feng, CEO at Shopee, said, "As we transit into the new normal, e-commerce has taken on greater importance in people’s lives. Consumers are increasingly going online to fulfil their everyday needs, and it is important for businesses to remain agile and adapt quickly. The success of P&G’s online debut of the Show Me My Home initiative on Shopee is proof of that. By merging P&G’s portfolio of leading FMCG brands and retail expertise with Shopee’s wealth of insights on online shoppers’ behaviour and preferences, it allowed us to deliver a novel, experiential online home shopping experience for consumers across the region. This success has inspired us to continue innovating to provide the best for our users, and we are excited to work closely with P&G going forward."

Shoppers enjoyed greater convenience with Show Me My Home

The Show Me My Home initiative was initially an offline concept which was well-received among both consumers and retailers. With a shared vision to serve the region’s increasingly savvy digital consumers at scale, P&G leveraged Shopee’s technology expertise and insights on online shoppers to optimize and scale the experience online. Through this partnership, P&G and Shopee successfully piloted the online version of Show Me My Home, recording more than 15x increase in orders at peak day. The Show Me My Home initiative offered greater convenience as shoppers could easily find what they needed as the microsite simulated the household environment. This novel way of shopping online successfully captured shoppers’ attention with an overall increase in traffic for P&G.  

Fostering meaningful connections with Shopee’s in-app engagement features 

As people spend more time online, brands are also increasingly finding new ways to interact and engage with their consumers. As part of the Show Me My Home initiative, P&G leveraged Shopee’s engagement features to foster deeper and meaningful connections with their consumers.

  • Shopee Live: P&G tapped on Shopee Live to engage consumers with a special series of live streams featuring popular local celebrities. The biggest stars, including Yuna, Iman Azman and Preston Kaw shared with fans and Shopee users their favourite P&G products, as well as provided tips on how to use them.
  • Shopee Throw: Users visited Shopee daily to play Shopee Throw, an in-app game where users can win exclusive P&G vouchers and prizes by throwing arrows onto a target on the Shopee app. The game was played over 600,000 times in 5 days, offering added entertainment and value to consumers while they shopped for their favourite P&G brands.      

Show Me My Home marks the first of many initiatives under the recent regional JBP between Shopee and P&G. The JBP aims to better serve and capture the hearts of online shoppers in the region by providing a seamless access to P&G’s wide range of leading brands and products. This agreement will see P&G broadening its multi-brand portfolio offerings on Shopee and tapping on Shopee’s big data analytics capability to provide a personalised customer journey via precise marketing. In addition, P&G will leverage Shopee Brands Suite, a comprehensive set of support tools, such as Shopee Live, to help brand partners better reach and connect with consumers. 

"At P&G, we are continually trying new ways to personalize and engage our consumers be it offline or online. The encouraging results we have achieved from this campaign proves the partnership with Shopee to be very successful as we managed to engage more meaningfully with our consumers on digital platforms. We look forward to evolving with the customer as we work closely with Shopee to execute future innovations online, serving more regions and value-adding to digital transactions," adds Shankar Viswanathan, Vice President, E-Commerce, Asia Pacific, Middle East and Africa.

With the success of the Show Me My Home initiative, P&G and Shopee will be bringing it back on 15 June 2020, featuring another round of exclusive deals and promotions from popular P&G brands including Olay, Pantene, and Ambi Pur. 

To know more, visit https://shopee.com.my/m/pg-mid-year-sale

[1] Compared to average day in 2020

Appendix

For a full list of P&G products available on Shopee’s Show Me My Home Campaign, please visit this website.

About Procter & Gamble

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.

About Shopee

Shopee is the leading e-commerce platform in Southeast Asia and Taiwan. It was launched in 7 markets in 2015 to connect consumers, sellers, and businesses in the region. Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. It offers a wide product assortment, supported by integrated payments and logistics, as well as popular entertainment features tailored for each market. Shopee is also a key contributor to the region’s digital economy with a firm commitment to helping brands and entrepreneurs succeed in e-commerce.

Shopee is a part of Sea Limited (NYSE:SE), a leading global consumer internet company. In addition to Shopee, Sea’s other core businesses include its digital entertainment arm, Garena, and digital financial services arm, SeaMoney. Sea’s mission is to better the lives of consumers and small businesses with technology.

 

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PR Newswire
Swedish FMV Selects iXblue’s Quadrans Navigation System to Equip Its Fleet of High Speed Crafts

SAINT-GERMAIN-EN-LAYE, France, June 11, 2020 /PRNewswire/ — The Swedish Defence Materiel Administration (FMV) has recently signed a contract with navigation company iXblue for up to 172 FOG based Quadrans gyrocompasses. Delivered over the span of 4 years, the Quadrans navigation systems will equip the Swedish Navy’s fleet of high speed crafts, mainly combat boats CB90.

Combat boats CB90 – Swedish Navy
Combat boats CB90 – Swedish Navy

"The FMV was seeking new maintenance-free and high-performance gyrocompasses for the retrofit of their fleet of high speed crafts. Our Fiber-Optic Gyroscope (FOG) technology having no moving parts and offering exceptional reliability, was identified as an ideal solution to keep maintenance costs down," states David Cunningham, Commercial Director at iXblue. "Another key aspect was the performance delivered by these gyros. The CB90 vessels are indeed very fast boats and need the most reliable and accurate heading and attitude data to navigate safely. Our Marins Series Inertial Navigation Systems being already in service on the Gotland-class submarines and Koster Class MCMV’s, and our Quadrans gyrocompasses equipping other surface boats in the Swedish Navy fleet, the FMV was familiar with the high-performance delivered by our systems and knew the Quadrans met the specific requirements needed for the CB90."

Built around the Fiber-Optic Gyroscope technology pioneered by iXblue, the Quadrans gyrocompasses are indeed solid-state and strap-down systems, that provide highly accurate heading and attitude data and that are perfectly suited for high performance at high speeds and in challenging environments such as GNSS denied settings. Compact, lightweight and with low power consumption, the Quadrans Gyrocompasses are easy to install on small-sized crafts, while their open architecture guarantees seamless interfacing with all major GNSS systems and third-party navigation software.

"We’re very proud of this new mark of confidence in our Quadrans gyrocompasses and FOG technology," continues David Cunningham. "We want to thank the Swedish Defence Materiel Administration for their continued trust and long-standing partnership and look forward to our future collaboration with them."

About iXblue

iXblue is a global high-tech company specializing in the design and manufacturing of advanced marine, photonics and autonomy technologies. The group in-house expertise includes innovative systems and solutions devoted to inertial navigation, subsea positioning, underwater imaging, as well as shipbuilding and test & simulation. iXblue support Civil and Defense customers in carrying out their sea, land and space operations with maximum safety, efficiency and reliability and conducts its business in over 60 countries. www.ixblue.com

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PR Newswire
Joongbu Univ. to strengthen its email security with SecuLetter

SecuLetter’s SEG responded to advanced email hacking attacks effectively.

SEOUL, South Korea, June 10, 2020 /PRNewswire/ — Joongbu University has strengthened its email security by adopting MARS SLE which is SecuLetter‘s Secure Emil Gateway(SEG) solution for intelligent email hacking attacks and successfully handled malicious code threats sent through email. SecuLetter has been a member of the Born2Global Centre since 2017.

Joongbu University
Joongbu University

SecuLetter is a security company that develops and supplies products that detect, diagnose, analyze, and prevent malicious code attacks launched via document files (MS Office, PDF etc.) and Advanced Persistent Threats (APT) in various business environments, such as Airgap and Network bridging areas, On-line bulletin boards, Document Centralization, and Content Disarm & Reconstruction (CDR). Its products eliminate security blind spots that have been a weakness of existing behavior-based (sandbox-based) APT solutions and enable accurate and swift diagnosis.

Joongbu University adopted SecuLetter’s solution for multiple reasons, primarily to: detect and analyze advanced malicious code attacks coming through e-mail, prevent malicious URLs contained in the body of emails, block unknown attacks, provide detailed reports on detected malicious code, and ensure easy installation and management.

Mr. Yeom, Jong-gook, Manager of the Joongbu University Computer Information Institute said, "In May of last year, we experienced difficulties in detecting and diagnosing large amounts of hacking emails disguised as Non-PE file attachments (MS Office or PDF), such as quotations and tax invoices. We were looking for a solution that could respond to these malicious attacks and we found out that MARS SLE is the best solution through comparative reviews and POC with several products.

Prior to adopting it, a large number of emails containing URLs leading to malicious code and phishing websites were not detected, but with MARS SLE, we could detect, diagnose, and effectively block such attacks."

Mr. Lim, Chasung, CEO of SecuLetter said, "About 90 percent or more of APT attacks are made via email and most of them are disguised as email attachments. In addition, these emails have no choice but to open attachments because they are disguising as emails from government agencies, tax invoices, quotations, resumes and recent COVID19 virus-related emails. "Through the use case of Joongbu University, we’re convinced that the university also needs to respond to these advanced email attacks. We believe our solution can be an alternative for all government agencies, financial institutions, businesses and schools that want to protect their systems and assets from hacking email attacks. And we are also actively considering fostering competent security talented students through industry-academic cooperation with schools interested in cyber security research."

SecuLetter’s products, MARS SLE and MARS SLF are being actively used by major national institutions, financial institutions, and companies including KEPCO E&C, Korea Post Information Center, KISA (Korea Internet & Security Agency), BNK Busan Bank, KAMCO (Korea Asset Management Corporation), KSD (Korea Securities Depository), and KTCU (Korean Teachers’ Credit Union).

For more detailed information on SecuLetter, visit https://www.seculetter.com/content/en/.

Media Contact

SecuLetter: [email protected] 
Born2Global Centre: [email protected] 

PR Newswire
Datrium Transforms The University of Auckland’s Data Center Infrastructure and Disaster Recovery Strategy

Leading University in New Zealand Replaces Aging Infrastructure with Datrium’s Cloud-based Disaster Recovery and Converged Infrastructure Solutions

SUNNYVALE, Calif., June 10, 2020 /PRNewswire/ — Datrium, the leader in cloud-native disaster recovery with ransomware protection, today announced that The University of Auckland in New Zealand has selected Datrium DVX and Datrium DRaaS with VMware Cloud on AWS solutions to modernize its infrastructure by leveraging the cloud and unifying compute, storage, backup and disaster recovery (DR). Challenged with aging infrastructure and an expensive and complex data center environment, the University’s infrastructure services team, supported by its Premier Partner, BEarena, an ASI Solutions company, chose Datrium for its cost-effective, easy-to-manage, VMware-centric solutions with built-in data resiliency and powerful DR capabilities. Datrium DRaaS with VMware Cloud on AWS offers flexible and scalable on-demand cloud DR with instant Recovery Time Objective (RTO), easy failover and failback without requiring VM conversions.

As New Zealand’s leading university, The University of Auckland manages two large-scale data centers that serve 40,000 students and over 5,000 staff with a core value of conserving, advancing and disseminating knowledge at a high standard through teaching, learning, research and creative work. As part of its digital transformation strategy, the infrastructure services team is embracing its agile operation model to deliver better outcomes to its users.

"As part of our digital transformation efforts, we’re modernizing critical infrastructure including our data centers to empower our IT team to work more efficiently," said Sanit Kumar, Infrastructure Services Portfolio Manager (ISPM) – Cloud, Network and Datacentre Services at The University of Auckland. "Datrium checked all our boxes. We were looking for a simplified solution that combines compute, storage, backup and disaster recovery, and aligns with VMware so we no longer require separate storage, VMware and backup teams. The power of Datrium’s converged approach and on-demand disaster recovery to VMware Cloud on AWS and instant RTO capability also brings our team major cost savings."

The University of Auckland was introduced to Datrium technology by BEarena, an ASI Solutions company. BEarena and ASI Solutions have applied their market-leading hyperconverged experience to Datrium technology to help their customers reduce cost, simplify management and move to a hybrid cloud model.

"Rather than provide the University a like-for-like replacement, we scoured the market for the best solution to achieve their business objectives. Ultimately, Datrium helped the University collapse three infrastructure silos into a single cross-functional team that uses automated management so they can focus on strategic priorities," said Country Manager Lloyd Vickery.  "Datrium has exceeded our expectations in every area—blazing performance, dramatic total cost of ownership improvements, world-class support, consolidated management—and the list goes on. I couldn’t be happier with Datrium and more proud that we are supporting The University of Auckland in continuing its achievements as a world-leading university."

BEarena and ASI Solutions are the first Datrium DRaaS Select resellers to achieve the highest level of partnership in the region. As Datrium’s first partner in ANZ and exclusive DRaaS Select partners and resellers, BEarena and ASI Solutions deliver significant cost savings, advanced operational intelligence, faster deployment times and simplified DR solutions to their customers. Lloyd Vickery is also the first Datrium DVX Certified Deployment professional in the world; achieving this distinction entails the completion of a rigorous curriculum and passing a certification test. BEarena and ASI Solutions customers benefit from working with highly skilled professionals in the deployment of Datrium to ensure they receive the fastest ROI and best customer experience.

Nathan Lowe, Managing Director of ASI Solutions added, "ASI Solutions is extremely excited to be working with Datrium. An innovative company that is transforming data lifecycle management through a single powerful platform delivering speed, agility and efficiency, Datrium allows our customers to focus on strategic initiatives."

Datrium DRaaS with VMware Cloud on AWS is a new approach to DR and offers a cloud-native design, built-in backup, instant RTO, continuous compliance and an on-demand pay-as-you-go model. Datrium DRaaS allows organizations to make the cloud their DR site at a fraction of the cost of a second data center. When combined with Datrium DVX software, organizations get the fastest recovery time and simplified data management capabilities.

"Given the enormous rise in ransomware attacks and other disasters, a modern approach to DR is critical. However, it doesn’t need to be an expensive, complicated and unreliable process," said Datrium CEO Tim Page. "With our on-demand cloud resources, The University of Auckland will be able to recover from a disaster quickly while keeping cloud costs low. We look forward to helping the University transition to cloud DR and supporting its on-premises infrastructure requirements."

Join Datrium and The University of Auckland for a webinar on June 30, at 1pm PDT to learn more.

About Datrium
Datrium, the leader in cloud-native disaster recovery with ransomware protection, automates data protection against modern threats and enables enterprises to pay for DR when they need it. Datrium Disaster Recovery as a Service with VMware Cloud on AWS (DRaaS) is an easy-to-use SaaS solution that delivers the industry’s first instant RTO cloud DR from backups on AWS S3 and protects all VMware workloads in the cloud and on-premises. Secure by design with always-on encryption, Datrium’s DR with built-in cloud backup is transforming the DR market, empowering enterprises to create their own failproof, on-demand data centers in the public cloud where they only pay for recovery when disaster strikes or for testing. Until now, DR has been a complicated and brittle manual process that needs to interact with many disparate components in the data center. The advent of the cloud has made it possible for Datrium to convert this complex process into a simple-to-use, fully automated SaaS application that delivers 10x more cost-efficient DR. By converging primary, backup, disaster recovery, mobility and encryption into a single multicloud platform called Automatrix™, Datrium maintains fast performance at any scale and enables frictionless data portability between public clouds and on-premises data centers. Data services are consistent across clouds and resource orchestration is automated so applications run at peak performance with increased system resilience and reduced data recovery windows. Liberated from managing data infrastructure, IT teams can drive more strategic initiatives for their businesses and application users can get back to productivity faster. Trusted by global enterprises including eMeter – A Siemens Business, vPay® and Stearns, Datrium is DR done right.™

Learn More
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Media Contact
Diana Brodskiy
Bhava Communications for Datrium
[email protected]
415-306-6199

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Related Links :

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PR Newswire
Microland’s IIoT Prowess Gains PTC’s Global System Integrator Status

BENGALURU, India and LONDON and ATLANTA, June 9, 2020 /PRNewswire/ — Microland today announced its inclusion in PTC Inc’s elite list of Global System Integrators and Management Consultants, an ecosystem of digital transformation experts and industrial innovation thought leaders. This recognition is a validation of Microland’s resolute focus on cross-industry digital transformation.

"Microland’s strategic relationship with PTC has enabled us to accelerate the Industry 4.0 digital transformation journey of our clients. Leveraging PTC’s ThingWorx® platform, we have built smart, connected, and integrated Industrial IoT solutions for several of our clients. Our IT-OT integration expertise, along with PTC’s industrial automation suite, power our Industrial IoT solutions to drive higher efficiencies, increase productivity, enhance experiences and reduce operational risks," says Manjanath Nayak, Senior Vice President – Head of Global Industrial IoT Business, Microland.

Microland’s IIoT business has enabled several enterprises to pursue an accelerated path to realise industrial process transformation. Microland’s offerings under the IIoT service line include: 3-Step Accelerator (PoC led solutions), Integrated Smart Factory, Industrial Monitoring, Connected Enterprises and Managed Services.   

Microland has been working with PTC since 2017. Over the last three years the PTC-Microland collaboration has seen significant momentum with several jointly developed solutions deployed across multiple customer engagements. 

"Microland has demonstrated innovative thinking in solution development around our platform and have been proven in the most challenging of client engagements," says Rajkiran Chakkalongara, Senior Director & Head, IOT/AR Business, PTC, India.

Microland’s industrial and software engineers, working alongside solution consultants, deliver ambitious IIoT system thinking and innovation, using analytics and artificial intelligence to drive predictable operations and unlock new opportunities. The focus is to enable enterprises to solve complex industrial challenges through IIoT system thinking and rapid prototyping to achieve a steady stream of quick wins with minimum investment.

Ravi Asrani, SVP, Global System Integrators & Management Consulting, PTC added, "PTC values Microland’s system integration capability across industry sectors and its ability to deliver high-value business outcomes. Together, we can address the transformation promises that IIoT presents for the world."

The success of this partnership spans multiple geographies and industry verticals — one example being a successful implementation of smart manufacturing for TRL Krosaki Refractories, one of the largest refractory manufacturers in India.

Kumar Heramba Narayan Naik, CIO, TRL Krosaki, said, "We have embarked upon a program of modernising our manufacturing facilities leveraging Industrial IoT solutions with a primary objective of improving refractory brick quality.

Microland has been instrumental in the success of this modernization program. With an outcome driven approach, Microland helped us develop the business case and demonstrated strong system integration expertise across IT, OT and Analytics. They led the program of implementing PTC ThingWorx® resulting in real time operational visibility, digital workflows and asset performance tracking resulting in quicker decision making, reduced breakdowns and efficient workforce."

About Microland

Microland’s delivery of digital and "Making Digital Happen" allows technology to do more and intrude less. We make it easier for enterprises to adopt nextGen Digital infrastructure. We enable this using our expertise in Cloud and Data Centers, Networks, Digital Workplace, Cybersecurity and Industrial IoT–ensuring the embrace of brilliance is predictable, reliable, and stable.

In the COVID impacted world, Microland is making digital happen for enterprises with a laser focus on services that are more relevant to our clients and prospects than ever before:

  • Modern Workplace Services: Enabling working-from-home via VDI, desktop-as-a-service, unified end point management and collaboration tools roll-out & adoption
  • Network Services: Supporting the "new normal" of working by designing, deploying and scaling network infrastructure including Software defined LAN & WAN rollouts
  • Cloud Services: Accelerating the digital transformation journey by enabling hybrid cloud deployment to support critical workloads and ensuring business continuity
  • Smart Security Operations Center: 24x 7 Operations center monitoring of all points along a digital journey ensuring that clients are covered in their pursuit to support a world in transition
  • Industrial Safety Services: Establishing robust connectivity channels with remote production assets and environmental parameters to improve safety of operations and reduce risks and exposure

Incorporated in 1989 and headquartered in Bengaluru, India, Microland has more than 4,500 digital specialists across offices and delivery centers in Asia, Australia, Europe, Middle East and North America.

Read more here: https://www.microland.com/

ThingWorx is a registered trademark of PTC Inc. in the United States and other countries.

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PR Newswire
IBM Services Collaborates with Lotte Card to Adopt A Hybrid Cloud Strategy To Help Transform Core Financial Accounting Systems

Lotte Card to Modernize Core Functions with IBM Cloud to Help Drive Innovative Services for Cardholders

ARMONK, New York, June 4, 2020 /PRNewswire/ — IBM (NYSE: IBM) announced today that the Korean credit card company, Lotte Card, which services a wide network of retailers including department stores, hypermarkets and cinemas, is collaborating with IBM Services to transition its entire enterprise system, including mission critical and core financial accounting systems, to a hybrid cloud environment. By using cloud native technology from IBM and Red Hat Openshift to migrate its core business applications to a managed private cloud, Lotte Card aims to achieve greater visibility, scalability, security and speed while reducing costs, risk and complexity to its IT infrastructure so it can deliver innovative services to its clients.

Lotte Card to Modernize Core Functions with IBM Cloud to Help Drive Innovative Services for Cardholders
Lotte Card to Modernize Core Functions with IBM Cloud to Help Drive Innovative Services for Cardholders

With several economic, demographic, regulatory and technological factors in play, the Cards & Payments industry is witnessing rapid innovation across the value chain. Additionally, today’s tech-savvy consumers are using various payment options like simple payment service. To meet the need for innovation with speed, as well as deliver applications and services with minimal cost and risk, Lotte Card plans to leverage open, hybrid cloud technologies from IBM and Red Hat to introduce a diverse set of new digital services for its Korean customer base.

With its hybrid cloud strategy, Lotte Card plans to deliver new technologies to support customer service, such as the expansion of the Lotte Card LIFE application that offers a super-personalized service and gives its mobile users a 360-degree purview of all the Group’s best benefits and services in one platform. The flexibility of using cloud technologies over a traditional IT infrastructure, can allow Lotte Card to respond with greater agility to rapidly changing market conditions and competition, to help serve their customers better in near real time.

Lotte Card previously migrated its mobile application to the cloud in order to build a scalable and flexible system foundation that can actively cope within an enterprise grade mobile environment. With this project, Lotte Card experienced very positive results throughout its business, such as improvement of customer satisfaction, and enhanced performance of its mobile apps as well as a reduction in total cost of ownership (TCO). Based on this initial success, Lotte Card decided to work with IBM to adopt a hybrid cloud strategy to migrate and manage its additional enterprise systems, including the account system.

"We look forward to bringing the power of IBM’s hybrid cloud capabilities and financial services industry experience to Lotte Card’s mission-critical infrastructure," said Archana Vemulapalli, GM IS Offering Strategy, Management and Development, IBM Services. "IBM is intently focused on working with our financial services clients all over the world to help them address critical requirements and enable industry innovation so they can service the public, while addressing the industry standards for regulatory compliance, security and resiliency."

To power the program with Lotte Card, IBM has introduced DevOps-based agile methodology in order to speed up the development, testing, modification and release of new software or services in the cloud. IBM will also provide Lotte Card with automation tools designed for strong security and efficient system operation.

IBM has the capability and knowledge to provide end-to-end cloud services from cloud consulting, to building, migrating and managing cloud. It also has experience with regulation, security and open innovation provisions.

This agreement was signed during IBM’s Q1, 2020.

Media Contact:

Tricia Vuiton
Communications, IBM
[email protected] 
+1 (914) 765-4980

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PR Newswire
ReneSola Power and Nautilus Solar Energy Announce the Sale of a 10.4 MW Minnesota Community Solar Portfolio

— Represents Fourth Acquisition Between Two Companies

STAMFORD, Conn., June 3, 2020 /PRNewswire/ — In a joint statement today, ReneSola Ltd (NYSE: SOL) ("ReneSola Power"), a leading fully-integrated solar project developer, and Nautilus Solar Energy, LLC ("Nautilus"), a leading national solar project acquisition, development and asset management company, announced Nautilus’s acquisition of a 10.4 MW community solar portfolio developed by ReneSola Power in Minnesota.

Like previous acquisitions, including the 21MW purchase in 2019 and the two-13.3 MW acquisitions announced in 2017 and 2018, this portfolio also qualified under Xcel Energy’s community solar program in Minnesota. The portfolio is comprised of eight single axis tracker solar installations, each commonly referred to as a solar garden. The projects are located in counties across the southern half of Minnesota, and are designed to produce enough energy to power over 1,450 homes. The portfolio is expected to come online by the fourth quarter of 2020.

Nautilus will be responsible for the project management, long-term asset and subscriber management and maintenance services for this portfolio. In addition to having developed the projects, ReneSola Power will be responsible for securing the subscribers. The energy generated by the projects will directly benefit qualified commercial and residential off-takers situated within Xcel Energy’s service territory by providing energy cost savings while also advancing Minnesota’s 10 percent solar energy goal by 2030.

"We are excited to be working with the Nautilus team. This transaction once again demonstrates the project development expertise of our team in Minneapolis," said John Ewen, CEO of ReneSola Power North America. "Despite ongoing macro uncertainties, both Nautilus and ReneSola teams successfully completed the transaction. Community solar remains an attractive market for us in the U.S., and we look forward to collaborating with Nautilus on other solar opportunities in the near future," commented Yumin Liu, Chief Executive Officer of ReneSola Power.

"With this acquisition, we are able to significantly expand our subscriber presence in the Minnesota community solar marketplace to service smaller commercial and even residential customers," said Jim Rice, Co-CEO of Nautilus Solar. "This successful transaction, being the fourth deal consummated with the ReneSola team over the last 3 years, further exemplifies Nautilus’s long-term commitment to working closely with our development partners," added Jeffrey Cheng, President of Nautilus Solar.

About ReneSola Power

Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola Power (NYSE: SOL) is an international leading brand of solar project developer. Leveraging its global presence and solid experience in the industry, ReneSola Power is well positioned to develop green energy projects with attractive return around the world. For more information, please visit www.renesolapower.com.

About Nautilus Solar Energy, LLC

Nautilus Solar Energy, LLC ("Nautilus") is a leading owner-operator of distributed generation and community solar projects located throughout North America. Over its 14-year history, the Nautilus team has successfully developed, acquired, managed, and invested over $1.2 billion of capital into solar projects. Nautilus is wholly owned by Power Energy Corporation, a subsidiary of Power Corporation of Canada (TSX:POW), a global diversified management and holding company. Join Nautilus on LinkedIn, Facebook and Twitter and/or visit www.nautilussolar.com for more information.

Related Links :

http://www.renesolapower.com

PR Newswire
Agora.io Expands Exclusive Reseller Partnership with Leading Japanese Video Solution Provider V-cube After Rapid Q1 Growth

Usage in Japan increased 26x YoY in April, prompting new needs from Agora’s video solutions and software-defined dedicated network

SAN JOSE, Calif., June 3, 2020 /PRNewswire/ — Agora.io, the leading voice, video and live interactive streaming platform, today announced an expanded exclusive reseller partnership with V-cube, the number one video solution provider in Japan. Now, V-cube provides the whole series of Agora products including live streaming with local sales, marketing and technical support in the region.

Amid business and lifestyle changes brought on by COVID-19, V-cube recorded a 26-fold increase YoY in usage by its customers in Japan in April. With Agora’s cutting-edge real-time video solutions at the helm, businesses in nearly every industry from education, healthcare, and entertainment turned to V-cube for an answer on how to bring a sense of normalcy to their customers.

"In the wake of the coronavirus pandemic, our customers’ needs for online communication tools and features quickly became more apparent for their businesses," said Naoaki Mashita, CEO of V-cube. "What we came to realize is those businesses needed more than just the entry-level tools they had been using. They needed a way to combine their services with video communication. Following discussions with our customers, it became clear the path forward was to expand our partnership with Agora. This would allow us to leverage its easy-to-use video solutions SDK and enable our customers with a new way to interact and engage with their users. Agora’s technology is proving to withstand increased demand thanks to its powerful and reliable network that is built to scale."

Aside from helping existing clients incorporate new means for video streaming, V-cube also experienced significant growth with new clients in untapped markets including fitness, weddings, job recruiting and networking events. These companies were able to quickly introduce customizable streaming tools with Agora’s low-latency, large-scale video solutions accelerating distribution.

"V-cube is a highly trusted video solution provider in Japan, and we’ve been honored to work with them over the last three years," said Reggie Yativ, COO at Agora.io. "The demand for real-time engagement outside of just video conferencing was growing prior to the pandemic, and the rapid growth V-cube has experienced is a testament to how organizations are accelerating their digital transformation plans. As we look ahead to the next phase of our partnership, we’re thrilled at the opportunity to bring businesses of all kinds the real-time engagement features they need."

The next phase of this partnership allows V-cube and its customers to tap into Agora’s network of 200 globally distributed data centers and its proprietary Software-Defined Real-Time Network (SD-RTN™) to connect users globally via high-quality, real-time video engagement.

For more information about Agora’s partners or its live interactive video and voice SDKs for mobile, web or desktop apps, visit www.agora.io.

About Agora.io

Agora.io helps apps increase user engagement and retention with a developer platform for live, interactive audio, video, and messaging features at planetary scale. With a dedicated network and device-optimized SDKs, Agora is the only real-time engagement platform designed to cross borders and reach users on low-bandwidth networks and on lower-powered devices.

About V-cube

V-cube has the mission of "realizing an even society" and creates an environment where "anytime" and "anywhere" communication can be achieved. We are working to eliminate the inequality of various opportunities caused by the restrictions of distance. Through visual communication, we will reduce the time and distance in communicating with people and solve social issues such as an aging society with a declining birthrate, long working hours, education and medical disparities. We aim to realize a society where everyone can get equal opportunity.

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Related Links :

https://www.agora.io/en

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